* This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting. ALL RIGHT. LOOKS LIKE WE HAVE [00:00:01] QUORUM. LOOKS LIKE WE HAVE QUORUM. SO I'LL GO AHEAD AND CALL THIS MEETING OF THE [South Dallas Fair Park Opportunity Fund Regular Board Meeting on February 24, 2025.] SOUTH DALLAS FAIR PARK OPPORTUNITY FUND BOARD MEETING TO ORDER. IT'S FEBRUARY 24TH. THE TIME IS 6:02 PM WE'LL START OFF WITH A ROLL CALL. UH, WHEN I CALL YOUR NAME, JUST PLEASE STATE, UH, YOUR PRESENCE. UH, MR. DAWKINS. PRESENT. MR. ENRIQUE? PRESENT. MS. BROOKS? PRESENT. MR. HALEY? MR. SHANE HALEY. TRENT HUGHES. PRESENT. CHRISTIAN MARQUEZ. CHRISTIAN MARQUEZ. DESTINY KUMU. PRESENT? KIMBERLY SIMS. KIMBERLY SIMS, YOU'RE, YOU'RE ON MUTE, MS. SIMS. CAN YOU HEAR ME NOW? YES. THANK YOU. OKAY. SHANAE WISE, . DOUGLAS, DUN, SAVAGE, DOUGLAS, DUN SAVAGE, LEANDER JOHNSON, MYSELF. PRESENT SENA C**K. HOPE I SAID THAT CORRECTLY. PRESENT. ALL RIGHT. AND JACK BUNNING. I'M HERE. ALRIGHT. THANK YOU VERY MUCH. PRESENT. UM, YOU SHOULD HAVE ALL RECEIVED A COPY OF THE MINUTES FROM THE JANUARY 27TH MEETING. UH, IF THERE ARE NO CORRECTIONS OR MODIFICATIONS, WE'LL ENTERTAIN A MOTION TO APPROVE. SO MOVED. DISTRICT 12, TRENT HUGHES, MS. HUGHES. SO MOVED. IS THERE A SECOND? SECOND. SECOND. MR. ENRIQUEZ? ALL IN FAVOR? UH, ANY OPPOSE MINUTES? BEEN APPROVED? THANK YOU VERY MUCH. UH, MS. LOKA, DO WE HAVE ANY PUBLIC SPEAKERS SIGNED UP THIS EVENING? NO, THERE ARE NO PUBLIC SPEAKERS. OKAY. NO PUBLIC SPEAKERS. WE'LL MOVE ON TO AGENDA ITEM NUMBER FIVE, WHICH IS NEW BOARD MEMBER INTRODUCTIONS. SO WE HAVE TWO, UH, NEW BOARD MEMBERS, UH, THIS EVENING. UH, MS. CC IN KION. INION. I'M TRYING TO MAKE SURE I'VE MISSING CARION. IS THAT, UH, THE CORRECT PRONUNCIATION OF YEAH, BY THE WAY, INCAR. OKAY. ALL RIGHT. GREAT. UH, I'VE BEEN TRYING TO, I'VE BEEN TRYING TO FIGURE OUT HOW TO ROLL MY RS AND MY ENDS PROPERLY. SO PRACTICING ON DUOLINGO A LITTLE BIT. BUT, UH, MR. UH, UH, JACK BUNNING, UH, WE, WE HAVE TWO NEW BOARD MEMBERS. IT LOOKS LIKE, UH, WE JUST HAD SOMEBODY JOIN. SO I'LL, I'LL GO BACK REALLY QUICKLY. UH, I JUST SAW, UM, MR. MARQUEZ JOIN CHRISTIAN MARQUEZ. UH, UH, PLEASE STATE YOUR PRESENCE. PRESENCE, PLEASE. HERE, SIR. OKAY. THANK YOU VERY MUCH. UH, CIRCLING BACK AROUND TO AGENDA ITEM NUMBER FIVE IS THE INTRODUCTION OF NEW BOARD MEMBERS. UH, AGAIN, MISS CECE AND ION FROM DISTRICT FIVE, AND MR. JACK BUNNING OF DISTRICT 14. WE WANNA WELCOME YOU, UH, TO THE SOUTH DALLAS FAIR PARK OPPORTUNITY FUND BOARD. UH, SO I JUST WANNA BRIEFLY, UH, GIVE YOU AN OPPORTUNITY TO, UH, YOU KNOW, TAKE, YOU KNOW, 45 SECONDS, MINUTE AND A HALF, WHATEVER YOU WANNA DO TO, UH, STATE YOUR NAME, UH, UH, WHAT DISTRICT YOU'RE FROM, WHO APPOINTED YOU, UH, AND ANYTHING ELSE, UH, YOU'D LIKE TO SHARE. SO, UH, WHO WOULD, WHO WOULD LIKE TO GO FIRST? IN FACT, UH, MR. BUNNING, UH, WHY DON'T, WHY DON'T YOU GO FIRST? SURE. COULD Y'ALL HEAR ME OKAY? UH, YES, WE CAN. UM, DISTRICT 14, UH, MR. RIDLEY, UH, APPOINTED ME RECENTLY AND I HAVE AN INTEREST HERE 'CAUSE I'M TRYING TO GET MORE INVOLVED WITH, UH, SOME OF THE CITY BOARDS. I DO SERVE ON TWO TASK FORCE FOR THE LANDMARK COMMISSION. UM, I WORKED AT FAIR PARK FOR SEVEN YEARS, UH, ABOUT SIX YEARS AGO. UM, I'VE DONE A NUMBER OF PROJECTS IN SOUTH DALLAS, AND HA HAVE A GREAT INTEREST ON WHAT'S GOING ON THERE. UM, I'VE WORKED WITH TREK BEFORE AND MANY YEARS AGO. I WON'T SAY THE DATES, BUT, UM, I CHAIR THE HUMAN SERVICES COMMISSION FOR MAYOR KIRK. ALRIGHT, FANTASTIC. WELL, UH, THANK YOU SO MUCH FOR BEING A PART OF THE BOARD AND, UH, YOU KNOW, WE LOOK FORWARD TO ALL OF YOUR CONTRIBUTIONS WITH, WITH SOME OF THE GREAT WORK THAT, UH, WE'RE DOING, UH, UH, WITH THE BOARD, WHICH YOU'LL HEAR MORE ABOUT A LITTLE BIT LATER IN THE MEETING. UH, YOU ALL DO GREAT WORK, SO I LOOK FORWARD TO IT. ALRIGHT, THANK YOU VERY MUCH MR. BUN. UH, MISSING ION. HI, UM, I'M CICI. SO, I AM THE DIRECTOR OF COMMUNITY OUTREACH FOR THE SEREN FOUNDATION, WHICH IS A, UM, NONPROFIT ORGANIZATION BASED HERE IN THE SUNNY SOUTH DALLAS AREA. UM, 7 5 2 10 [00:05:01] AND 2 1 5 ARE, UM, WHERE WE DO MOST OF OUR WORK. BUT WE'VE DONE, UH, COMMUNITY CLEANUPS, UM, AND PUBLIC, A LOT OF COMMUNITY CLEANUPS IN PUBLIC SPACES THAT ARE AFFLICTED WITH ILLEGAL DUMPING, UM, OR THAT ARE NEGLECTED BY CORPORATE, UM, LANDLORDS. AND, UH, WE ALSO HAVE A PROGRAM CALLED GET UP TO CODE, WHERE WE HELP, UM, UH, MOSTLY DISTRICT SEVEN AND DISTRICT FIVE RESIDENTS THAT ARE STRUGGLING WITH CODE VIOLATIONS, UM, AND ARE AT RISK OF GETTING LIENS PUT ON THEIR PROPERTY. WE STEP IN AND HELP THEM, UM, MITIGATE THOSE CODE VIOLATIONS. UM, BUT I COME FROM A NONPROFIT BACKGROUND. I'VE WORKED FOR, UM, ORGANIZATIONS LIKE NORTH TEXAS FOOD BANK, UM, CHILDREN'S HEALTH HOSPITAL, CITY SQUARE, WHEN THEY WERE STILL AROUND. UM, SO THAT'S WHAT I DO. AND I LIVE ALSO RIGHT NEXT TO THE FAIRGROUNDS. SO, UM, I WAS APPOINTED BY COUNCILMAN RESENDEZ, UM, AND I GOT INTERESTED IN THE BOARD BECAUSE I READ ABOUT IT IN A DALLAS WEEKLY ARTICLE ABOUT, UM, ONE OF THE PROJECTS THAT RECEIVED FUNDING. SO I GOT REALLY INTERESTED, UM, IN THIS AND SAW THERE WAS A VACANCY. SO I'M GLAD TO SERVE WITH YOU GUYS. WELL, THANK YOU VERY MUCH, UH, FOR THAT. UH, AND IT'S, IT'S GOOD TO HEAR THAT THE WORD IS GETTING OUT, UM, ABOUT SOME OF THE WORK THAT WE'RE DOING, UH, AS EVIDENCED ABOUT YOU READING ABOUT IT. SO, UH, THAT'S ENCOURAGING. SO, THANK YOU VERY MUCH. WE'RE VERY EXCITED ABOUT THE CONTRIBUTIONS, UH, THAT YOU BOTH WILL BRING TO THE TABLE, UM, UH, THROUGH THE BOARD AND YOUR CONTRIBUTIONS. AND, UH, MAYBE FOR CHOOSE TO DO THAT THROUGH ONE OF THE, UH, SUBCOMMITTEES, UH, THAT WE HAVE, WHICH YOU'LL HEAR A LITTLE BIT MORE ABOUT, UH, LATER ON IN THE MEETING. SO, UH, ONCE AGAIN, THANK YOU AGAIN, UH, FOR BEING A PART OF THE BOARD. UH, WELCOME. AND, UH, YOU KNOW, IF YOU HAVE ANY QUESTIONS ABOUT ANYTHING, PLEASE DON'T HESITATE TO REACH OUT TO ANY OF US HERE ON THE BOARD OR THE STAFF, UH, 'CAUSE I KNOW THERE'S GONNA BE A LITTLE BIT OF A LEARNING CURVE IN GETTING YOU CAUGHT UP. BUT, UH, EVERYBODY'S, UH, UH, READY AND WILLING TO, TO HELP YOU WITH THAT. SO, UH, THANK YOU AGAIN FOR THAT. ALRIGHT. UM, THERE ARE NO OTHER COMMENTS, UH, THERE. WE'LL MOVE ON TO THE NEXT AGENDA ITEM, WHICH IS A STAFF UPDATE, UM, FROM THE OFFICE OF ECONOMIC DEVELOPMENT REGARDING THE MOST RECENT NO FOR RELEASE. UH, SO WE'LL GET AN UPDATE, UM, FROM, UH, MR. ERRA ON THE OUTREACH, UH, THAT WAS DONE, SOME OF THE RESULTS THAT HAVE BEEN GILDED SO FAR ON THAT. AND THEN ALSO, UH, SOME INFORMATION ABOUT THE, UH, UPCOMING INFORMATION SESSIONS. SO, UM, UH, NICHOLAS, I'LL TURN IT OVER TO YOU. THANK YOU SO MUCH, MR. CHAIR. UM, SO AS YOU ALL KNOW, THE NOFA UH, THE NOTICE OF FUNDING AVAILABILITY FOR THE HUMAN DEVELOPMENT GRANTS PROGRAM OPENED ON TUESDAY LAST WEEK, FEBRUARY 18TH, AND CLOSES ON MARCH 21ST AT 5:00 PM. UH, JUST TO REITERATE, APPLICATIONS CAN BE EMAILED TO ME DIRECTLY OR DROPPED OFF IN PERSON IN THE OFFICE OF ECONOMIC DEVELOPMENT. UM, I WANNA SPEND A LITTLE TIME TODAY GOING OVER OUR COMMUNICATIONS AND OUTREACH PLAN FOR GETTING THE WORD OUT ABOUT THE NOFA. WE HAVE HAD A PRETTY ROBUST RESPONSE ALREADY, BUT JUST TO COVER AGAIN, WE DID RESEND OUT A PRESS RELEASE THE DAY BEFORE THE NOFA OPENED TO OVER 2,400 MEDIA CONTACTS ACROSS THE CITY OF DALLAS. UM, IN THAT, UH, LIST, UH, WAS INCLUDED THE NEWS ORGANIZATIONS THAT SERVE THE AREA, SPECIFICALLY LIKE TEXAS METRO NEWS, THE DALLAS EXAMINER, THE DALLAS WEEKLY, UH, AND OF COURSE, THE DALLAS FREE PRESS. UM, IN ADDITION TO THAT, WE PROMOTED IT ON OUR OED WEBSITE ON THE HOMEPAGE AND THE SLIDER, AS WELL AS ON THE SOUTH DALLAS FAIR PARK OPPORTUNITY FUND WEBPAGE. AND, UH, IN ORDER TO SHARE THE INFORMATION, WE CREATED ITS OWN SEPARATE PAGE THAT LIVES UNDER THE SOUTH DALLAS, UH, FAIR PARK OPPORTUNITY FUND PAGE. AND WE'VE HAD A GOOD NUMBER OF VISITORS. WE'VE ALSO INCLUDED IT IN THE DE ECONOMY NEWSLETTER BLAST, WHICH WE WILL DO IN THE NEXT, UH, ISSUE. AND WE SENT A COUNCIL MEMO MEMO TO ALL CITY COUNCIL MEMBERS, SO THEY'RE ALL AWARE AS WELL. UH, WE'RE STILL IN THE PROCESS OF EXECUTING THE REST OF OUR PLAN, SO WE WILL CONTINUE TO DO OUTREACH TO LOCAL GRANTS AND PHILANTHROPY NETWORKS. WE'RE GOING TO CONTINUE REACHING OUT TO FORMER APPLICANTS AND NONPROFIT VENDORS ACROSS THE SERVICE AREA, AND WE'LL DO A MORE ROBUST SOCIAL MEDIA POSTINGS. UH, I JUST WANTED TO SHOW YOU GUYS A QUICK GLANCE IF YOU HAVEN'T LOOKED AT THE WEBSITE. THIS IS WHAT IT CURRENTLY LOOKS LIKE. AS YOU'LL SEE ON THE LEFT HAND SIDE ON OUR HOMEPAGE IN THE SLIDER, WE ARE PROMOTING IT. AND THEN ON THE RIGHT HAND SIDE IS THE PAGE [00:10:01] FOR THE NOFA WE CREATED WITH ALL THE PERTINENT INFORMATION PEOPLE WILL NEED, UH, INCLUDING THE GRANT MATERIALS THAT THEY NEED TO, UH, SUBMIT WHEN THEY APPLY. I WANTED TO NOTE TWO, UH, OF OUR KIND OF EARNED MEDIA HITS THAT WE HAD SINCE THE PRESS RELEASE WENT OUT. UH, THE LARGEST OF THIS, UH, IS THE DALLAS MORNING NEWS, WHICH COVERED THE GRANTS, UH, THE GRANT PROGRAM OPENING, UM, AND IS PROBABLY RESPONSIBLE FOR MY PHONE RINGING OFF THE HOOK ALL DAY ON TUESDAY. UH, WE ALSO HAD A HIT IN THE TEXAS METRO NEWS, WHICH, AS YOU KNOW, UH, SERVES THE SOUTH DALLAS SERVICE AREA MORE DIRECTLY. UH, SO WE WERE REALLY HAPPY TO SEE THAT COVERAGE. UH, WE HAVE TWO INFORMATIONS, ONE INFORMATION SESSIONS. ONE IS TOMORROW MORNING AT 10:00 AM AT THE SOUTH DALLAS CULTURAL CENTER, AND THE SECOND ONE IS MARCH 13TH, UH, AT THE CREATION CENTER AT ST. PHILIPS SCHOOL. UM, JUST TO KIND OF SHOW YOU WHAT WE'RE GONNA COVER IN THE INFORMATION SESSIONS, WE'RE GONNA COVER THE BACKGROUND AND PURPOSE OF THE FUND, AND WE'RE GONNA GO OVER SOME OF THE AREAS THAT TEND TO, UH, GET A LOT OF QUESTIONS. WE'RE GONNA GO OVER THE SERVICE AREA, PRO PROGRAM GOALS OF THE FUND ELIGIBILITY, THE MATCH THE APPLICATION PROCESS, AS WELL AS THE SCORING CRITERIA. UH, WE'RE AWARE THAT, YOU KNOW, THE REAL VALUE IN THE INFORMATION SESSIONS, UH, IS PEOPLE BEING ABLE TO ASK QUESTIONS ABOUT THEIR SPECIFIC, UH, PROJECT. AND SO WE ARE MAKING SURE THAT WE SAVE, UH, TIME FOR QUESTIONS FROM THE COMMUNITY. WE CURRENTLY, WELL, I, I MADE THIS SLIDE ON FRIDAY LAST WEEK, BUT WE NOW HAVE 60 RSVPS TO INFORMATION SESSIONS, WHICH FROM WHAT I UNDERSTAND IS, UH, HIGHER THAN IN YEARS PREVIOUS. AND, UH, I WANTED TO INCLUDE A BREAKDOWN OF KIND OF THE NUMBER OF FOLKS WHO ARE PLANNING TO ATTEND EACH ONE OF THE SESSIONS. UH, IT MAKES A LOT OF SENSE THAT THE ONE TOMORROW IS THE MOST POPULAR. WE HAVE ABOUT 60% OF THE FOLKS RSRP TO THAT ONE. AND, YOU KNOW, WHEN WE CREATED THE RSVP FORM, WE WANTED TO UNDERSTAND BETTER WHERE PEOPLE WERE HEARING ABOUT THE NOFA. AND SO WE ADDED A QUESTION ON THE SURVEY THAT ASKED WHERE THEY HEARD ABOUT IT. AND THESE ARE THE RESULTS, AS YOU'LL SEE, UH, THE CITY OF DALLAS WEBSITE AS WELL, OF WORD OF MOUTH OR TWO OF THE MOST POPULAR WAYS THAT PEOPLE HEAR ABOUT IT. UH, BUT WE DID HAVE SOME OTHER HITS, UH, AS WELL. UM, I, I GLANCED THROUGH SOME OF THE OTHER SELECTIONS AND IT REALLY KIND OF, YOU KNOW, COVERS A BUNCH OF DIFFERENT, UM, ACTIVITIES FROM PEOPLE HEARING ABOUT IT FROM THEIR BEST FRIEND OR FROM SOMEONE ELSE WHO WORKS AT THE CITY OF DALLAS. UH, SOCIAL MEDIA FROM THE SOUTH DALLAS INNOVATION CENTER. WE HAD SOMEONE WHO REACHED OUT BECAUSE, UH, COUNCIL PERSON, BASIL DUA INCLUDED IT IN HIS EMAIL NEWSLETTER. AND SO THE OTHER KIND OF CAPTURES A LOT OF DIFFERENT WAYS THAT PEOPLE FOUND OUT ABOUT THE NOFA, BUT THIS DOES GIVE US A SENSE, UH, OF HOW PEOPLE ARE HEARING ABOUT IT, WHICH IS HELPFUL TO US. UM, AND SO THIS COVERS THE HUMAN DEVELOPMENT NOFA UPDATE. ALRIGHT, THANK YOU VERY MUCH, NICHOLAS. UH, ARE THERE ANY QUESTIONS, COMMENTS, OR FEEDBACK? UH, THE PROCESS COMMENT, I JUST WANNA COMMEND, UM, STAFF AS WELL AS MS. SIM, THE MARKETING COMMITTEE. YES. IS THAT MS. SENSE? OKAY. MS. SIMS, I JUST WANNA COMMEND, UM, NICHOLAS AND HEATHER AND THE MARKETING COMMITTEE. UM, THESE NUMBERS LOOK GREAT. I'M GONNA TRY TO MAKE IT OUT TO THE INFORMATION SESSION ON THE 13TH, BUT I'M REALLY EXCITED TO, UM, SEE THESE NUMBERS. UM, I MEAN, JUST TO SEE ANY NUMBERS, RIGHT? . ALL RIGHT. THANK YOU. IF I MAY ADD, UM, ESPECIALLY JUST WITH, UM, JUST, YOU KNOW, HUMAN BEHAVIOR AND VIRILITY, UM, WITH US ONLY HAVING TWO PEOPLE LOOKING, UH, OR FINDING IT FROM SOCIAL MEDIA, THERE'S STILL LIKE A LOT OF OPPORTUNITY THERE. LIKE, THESE NUMBERS ARE AMAZING, AND THIS JUST SHOWS THAT WE'VE GOT A LOT MORE OPPORTUNITY FOR GROWTH, WHICH I THINK IS SO COOL. LIKE, REALLY, REALLY GOOD JOB. THANKS. THAT'S A COOL BOY. MISS MS. WISES, I SAW YOUR, YEAH, I WAS JUST WONDERING TWO THINGS. UM, WITH THE, WITH THE QUESTIONNAIRE, WAS THERE ANYWHERE WHERE IT ACT ACTUALLY LISTED WHAT THE PERSON'S NONPROFIT WAS? AND THEN, UM, IS THERE ANOTHER GOAL AROUND, I JUST THOUGHT THAT THESE ARE GREAT NUMBERS, BUT HOW ABOUT SOME PEOPLE THAT MIGHT HAVE NEEDED AN EVENING? I THOUGHT ABOUT BOTH OF THOSE DAYS KIND OF BEING MIDDAY AND THEN ANOTHER ONE LATE, YOU KNOW, MIDDAY. UM, IS THERE MAYBE A POSSIBILITY FOR MAYBE AN EVENING FOR SOME PEOPLE THAT [00:15:01] MIGHT HAVE MISSED IT? UM, YEAH, SO AS PART OF THE SURVEY, WE ARE COLLECTING WHAT ORGANIZATION PEOPLE ARE COMING FROM, SO WE DO HAVE THAT INFORMATION. SO THANK YOU FOR ASKING. UM, AND WE CURRENTLY DON'T HAVE AN INFORMATION SESSION FOR THE MEETING, BUT WE DO HAVE BOTH OF THESE AVAILABLE ONLINE. SO THERE'S A LIVE LINK THAT THEY CAN JOIN FROM WHEREVER, UM, SO THAT THEY, AND THAT'S ON OUR WEBSITE, UM, WITH A DIRECT LINK SO THAT THEY DON'T ACTUALLY HAVE TO PHYSICALLY COME TO THE LOCATION. THANK YOU. THAT WAS MY NEXT QUESTION, . THANK YOU, MS. WISE. UH, NEW. 1, 1, 1 SECOND. ONE SECOND. UM, UH, CHAIR ENRIQUEZ. UH, THANK YOU, MR. CHAIR. UH, I JUST WANTED TO COMMENCE STAFF ON A VERY COMPREHENSIVE, UH, REPORT OUT ON THE STATUS OF, OF WHAT, OF A NOFA. UM, THANK YOU VERY MUCH FOR PUTTING TOGETHER THESE NUMBERS. I THINK I ECHO SOME OF THE OTHER FELLOW COMMISSIONERS, BUT IT'S VERY THOROUGH AND VERY INFORMATIVE. THANK YOU. CHAIR ENRIQUEZ. CHAIRWOMAN SIMS. IS THAT, DID I SEE YOUR HAND, OR, OR YOU SPEAKING? YES. WELL, YOU HEARD MY VOICE. I DIDN'T, I DIDN'T FOLLOW, UH, ETIQUETTE AND RAISE MY HAND. UM, ARE WE SEEING ANY NEW NONPROFITS OR, OR SOME OF THESE, UH, FOLKS THAT ARE COMING BACK AGAIN? UH, WE'RE SEEING A MIX, UH, FROM WHAT I CAN SEE, THERE ARE A FEW FOLKS WHO HAVE APPLIED, UH, IN THE PAST, A COUPLE OF FOLKS WHO WERE AWARDED IN THE PAST. BUT THE VAST MAJORITY OF THE ORGANIZATIONS I'M SEEING ARE NEW. DOES THAT ANSWER YOUR QUESTION? UH, CHAIRWOMAN? YES. YES. OKAY. ARE THERE ANY OTHER QUESTIONS, UH, COMMENTS OR FEEDBACK ABOUT THE, UH, HUMAN DEVELOPMENT GRANT, UH, NOTIFICATION RELEASE AND OR, UH, SOME OF THE RESULTS, UH, EARLY RESULTS THAT WE'RE GE WE'RE GETTING SO FAR? THE, THIS IS JUST, UH, WEEK ONE. OKAY. I'M HEARING NONE. UH, JUST A QUICK QUESTION. UH, CAN NICHOLAS, CAN YOU, UH, SPEAK ABOUT, UM, YOU KNOW, HOW, HOW DO WE SOURCE, UH, CONTACTS? UH, YOU MENTIONED THERE BEING ONGOING EFFORTS TO CONTINUE TO REACH OUT TO, TO NONPROFITS AND SOME OF THE OTHER BUSINESSES IN THE AREA. UM, HOW DO WE SOURCE THOSE? UH, DO WE HAVE A DATABASE WITH THOSE THERE ALREADY? OR ARE THEY REGISTERED? CAN THEY REGISTER IF THEY'RE NOT REGISTERED, FOR EXAMPLE, UH, LET'S SAY THEY LEARNED ABOUT IT YESTERDAY, UM, AND HADN'T GOTTEN A NOTIFICATION. IF SOMEONE'S NOT RECEIVING A NOTIFICATION, FOR EXAMPLE, UH, HOW CAN THEY REGISTER? AND IS THERE A WAY FOR US TO SCRAPE INFORMATION, UH, UH, TO, TO FIND PEOPLE THAT MAY BE IN OUR SERVICE AREA THAT MAYBE WE DON'T HAVE, UH, CONTACT INFORMATION FOR? YEAH. WELL, WE'RE, WE'RE CURRENTLY WORKING WITH OUR PROCUREMENT OFFICE TO FIND, UH, WHAT NONPROFIT VENDORS ALREADY EXIST IN THE AREA, WHICH WE'RE CURRENTLY WORKING ON. UH, WE'VE ALSO BEEN REACHING OUT TO SOME OF OUR PARTNERS. FOR EXAMPLE, JUST THIS MORNING I WENT TO THE POINT SOUTH REVITALIZATION COMMITTEE MEETING WHERE WE TALKED ABOUT THE NOFA OPENING, AND I WAS SURROUNDED BY PEOPLE WHO WANTED MORE INFORMATION. SO WE WERE ABLE TO GIVE INFORMATION OUT THAT WAY AS WELL. UM, I HAVE A MEETING COMING UP WITH THE SOUTH DALLAS INNOVATION CENTER. THEY'RE INTERESTED IN SHARING THIS WITH PEOPLE IN THEIR NETWORKS WHO DON'T HAVE THIS INFORMATION YET. SO WE'RE GONNA MAKE SURE THAT GETS TO THEM. AND SO THOSE ARE SOME OF THE CONNECTIONS WE'RE MAKING IN THE COMMUNITY. AND NOW THAT THE PRESS RELEASE HAS GONE OUT AND, AND KIND OF THE BULK OF OUR COMMUNICATIONS PLAN IS MOVING, IT'LL ALLOW MORE TIME FOR ME TO GET OUT INTO THE COMMUNITY AND START MAKING SOME, SOME ADDITIONAL CONNECTIONS. OKAY. VERY GOOD. THANK. AND LET ME JUST ADD TO THAT, WE KEPT TRACK OF, YOU KNOW, NONPROFIT ORGANIZATIONS THAT HAVE CONTACTED US. SO WE DID HAVE A DIRECT EMAIL LIST, I THINK, AS NICO HAS ALLUDED TO. AND AS WE BUILD OUT, WE ALSO NOW HAVE SALESFORCE, WHICH IS A HUGE ADDITION TO OUR, SO WE'LL, WE'LL BE ABLE TO KEEP A DATABASE FOR NEXT YEAR. UM, SO EVERYBODY WE CAN TRACK, WE CAN PUT 'EM IN CONTEXT, WE CAN PUT 'EM IN A LIST SO THAT WE'LL BE NOT STARTING FROM SCRATCH NEXT YEAR. THANK YOU. MS. UH, LAKA, UM, CHRISTIAN. MR. MARQUEZ? YES. I JUST HAD A QUESTION. DID YOU GUYS HAVE IT IN A QUESTIONNAIRE? LIKE JUST HOW MAYBE WE CAN GET MORE REFERRALS OUT OF IT, JUST LIKE, HEY, MAYBE SEND IT TO A FRIEND, SEND IT TO AN ORGANIZATION. UM, DID WE HAVE THAT ON THERE AS WELL, BY CHANCE? NO. SO THAT WE COULD TRACK THE RE NO, WE'RE NOT THAT ADVANCED YET, BUT WE CAN FIGURE OUT MAYBE HOW TO ADD IT FOR NEXT YEAR. YEAH. BUT WE'RE NOT QUITE THERE YET, MS. WISE, I SEE YOU HERE DURING THE MEETING. NICHOLAS DID, FIRST OF ALL, NICHOLAS, I WAS THERE. NICHOLAS DID A GREAT JOB, UM, OF EXPLAINING EVERYTHING. SOME QUESTIONS DID COME UP, UM, IN THE COMMUNITY AS FAR AS THE AMOUNT OF MONEY, I BELIEVE, AND CORRECT ME, NICHOLAS, IF I'M WRONG, YOU SPOKE WAS 200, $200,000. [00:20:02] AND THEN Y'ALL WOULD KIND OF BREAK IT UP AND EXPLAIN IN THE PAST, KIND OF HOW Y'ALL WERE ABLE TO, YOU KNOW, UH, DISTRIBUTE. AND, AND HE SAID, YOU KNOW, MAKE SURE THAT PEOPLE, EITHER WAY THEY, PEOPLE JUST NEED TO ASK FOR WHAT THEY NEED. HOW IS, IS THERE WITH THE SOUTH AND THIS ZIP CODE THAT WE'RE DEALING WITH BEING FLOODED WITH SO MANY NONPROFITS, YOU KNOW, IS THERE A WAY FOR THAT, THAT NUMBER TO INCREASE? YOU KNOW, I MEAN, I WORKED FOR CITY SQUARE FOR LIKE FIVE YEARS. I MEAN, WE COULD, WE COULD EASILY HAVE GONE THROUGH $200,000 QUICKLY WITH ALL OF THE PROGRAMMING THAT WE USED TO DO. SO I JUST, I, I THINK THAT ANY MONEY OR GRANT THAT COULD HELP A NONPROFIT IS GREAT. BUT IS THERE A PROCESS OF TRYING TO SEE IF WE COULD ACQUIRE MORE? YEAH, SO THAT AMOUNT IS SET UP IN THE PROGRAM STATEMENT. UM, AND SO IT'S C COUNCIL APPROVED AT $200,000, I BELIEVE WITHIN THE PAST TWO YEARS. THIS BOARD HAS VOTED TO RAISE IT FROM 100,000 TO 200,000 ANNUALLY. UM, SO I MEAN, THERE IS SOME DISCRETION ON THAT, BUT I WILL ALSO SAY KIND OF THE HISTORY PRIOR TO THAT IS THE IDEA OF THE, THE OPPORTUNITY FUND WAS TO BE SUPPORTING ECONOMIC DEVELOPMENT, UM, ACTIVITIES. AND PREVIOUSLY TO THE PROGRAM STATEMENT REVISION IN 2018, A LOT OF THE MONEY WAS BEING USED FOR GRANTS. AND IT WAS, THERE WAS A LOT OF AUDITS BECAUSE OF THAT. SO THERE'S A, THERE'S AN ANSWER IN THERE SOMEWHERE. UM, IF THERE'S A COMPELLING CASE TO RAISE IT, YOU KNOW, I THINK THE BOARD COULD TALK TO COUNCIL MEMBERS AND WE CAN SEE WHAT WE CAN DO. UM, BUT AT ONE POINT IT WAS MUCH MORE GRANT ORIENTED AND THERE WAS DIRECTION FROM COUNCIL TO MOVE IT MUCH MORE TO ECONOMIC DEVELOPMENT ACTIVITIES. TO ANSWER YOUR QUESTION, MS, WHY. OKAY. ALRIGHT. ARE THERE ANY MORE QUESTIONS, COMMENTS, OR FEEDBACK ON THIS? UH, MR. DAWKINS? UM, IT, IT MAY BE HELPFUL TO REVISIT THE ISSUE JUST BECAUSE OVER TIME I'VE GOTTEN UNCLEAR AS TO THE PROPRIETY OF HOW WE AS BOARD MEMBERS INDIVIDUALLY DISCUSS THIS. NO OPPORTUNITY WITH MEMBERS AT LARGE OF THE PUBLIC. UH, IF ANY SUCH EXISTS, UH, NOW WOULD BE A GOOD TIME TO MAYBE GIVE A BOARD REFRESHER ON THAT. I'LL LET THE ATTORNEYS CORRECT ME IF I STEP OUT OF BOUNDS, BUT YOU ARE WELCOME TO SAY WHATEVER YOU WANT AND RAISE AWARENESS HOWEVER YOU WANT TO, AS LONG AS YOU DO NOT JOIN TOGETHER AS A GROUP AND CREATE A QUORUM TYPE ENVIRONMENT. SO IF A MEMBER OF THE COMMUNITY COMES UP TO ME AND SAYS, HEY, WHAT'S THIS NO FALL ABOUT? I CAN JUST SPEAK TO THAT. CORRECT. OR YOU CAN REFER 'EM TO ME OR NICHOLAS. VERY WELL, THANK YOU SO MUCH MS. WISE. UM, UH, WILL WE ABLE, WILL WE BE ABLE TO HAND OUT, UM, FLYERS? I KNOW THAT THERE'S SOME AT THE MEETING TODAY WILL BE. CAN WE GET SOME OF THOSE? WE ARE FINALIZING THE FLYERS. OKAY. UM, SO YES, AS SOON AS THEY'RE READY, WE WILL, WE WILL CIRCULATE THEM TO THE BOARD. THANK YOU. MR. PEKA. UH, MR. MARQUEZ, MS. LIPSKA, CAN YOU CONFIRM WHAT MR. DAWKIN SAID? COMMISSIONER DAWSON? JUST 'CAUSE WE WANNA MAKE SURE WE'RE ALL ON THE SAME PAGE. SO YOU'RE STATING THAT WE CAN DISCUSS THE NOFA WITH POTENTIAL APPLICANT'S PARTICIPANTS OF THIS PROGRAM? YES. SO CERTAINLY UNTIL IT CLOSES. MM-HMM. AND THEN ONCE IT CLOSES, BECAUSE IT WOULD BE AN ACTIVE SOLICITATION, YOU SHOULD NOT BE TALKING TO ANYBODY BECAUSE YOU'LL BE THEN VOTING ON THIS. UM, BUT WHILE IT'S OPEN, I MEAN, BEFORE IT OPENS, WE OBVIOUSLY WANT AS MUCH AWARENESS AS POSSIBLE. SO YOU WOULD BE WELCOME TO TALK TO ANY OF YOUR PARTNERS. WANNA MAKE SURE WE'RE CLEAR ABOUT THAT. THANK YOU. THANK YOU MR. MARQUEZ. UH, ARE THERE ANY OTHER QUESTIONS, COMMENTS, FEEDBACK ON THIS ITEM? JUST, JUST ONE LAST THING. I I MAY HAVE MISSED THIS. UH, FOR ANYBODY WHO'S NOT RECEIVING COMMUNICATIONS, IS THERE A WAY FOR THEM TO GO ON THE WEBSITE AND CLICK JOIN OUR MAILING LIST OR JOIN OUR COMMUNICATION LIST OR SOMETHING LIKE THAT? UM, YES, BUT WE'RE STILL WORKING. WE'RE IN THE PROCESS OF REDESIGNING OUR WEBSITE. SO I WOULD JUST MAYBE HOLD OFF ON, THERE'S DEFINITELY WAYS TO CONTACT ME AND NICHOLAS ON THE WEBSITE. THAT'S PROBABLY THE MOST DIRECT WAY TO GET ANYTHING AT THIS POINT. UM, AS WE WORK THROUGH THE NEXT WEBSITE, WE'LL DO THAT A LITTLE BIT BETTER. UM, BUT WE, WE HAVE SOME GLITCHES STILL UNDERSTOOD. SO, SO THAT'S SOMETHING THAT CAN BE DONE AND, AND IT WILL HAPPEN. BUT AS OF RIGHT NOW, THE BEST WAY IF WE HAVE SOMEBODY IS TO ASK THEM TO, TO REACH OUT DIRECTLY, IS IS THAT YEAH, THEY CAN JUST EMAIL OR CALL US. UM, AND YEAH. OKAY. OKAY. UNDERSTOOD. UNDERSTOOD. OKAY. ANY OTHER QUESTIONS, COMMENTS, OR FEEDBACK ON THIS ITEM? HEARING NONE. SO WE'LL MOVE ON TO THE NEXT, UH, OR PART, UH, B OF AGENDA ITEM NUMBER SIX, WHICH, WHICH IS AN UPDATE ON THE ECONOMIC DEVELOPMENT PIECE, UH, OF WHERE WE ARE. I THOUGHT IT'D BE USEFUL BECAUSE WE HAVE, UH, SEVERAL, UH, NEW BOARD [00:25:01] MEMBERS, NOT ONLY NEW MEMBERS TONIGHT, BUT, UH, YOU KNOW, MS. WISE, MR. DUN SAVAGE, SHE'S NOT ON TONIGHT, UH, TO, UH, GET A FEW MORE REPS AND TO, TO HEAR ABOUT THE ECONOMIC DEVELOPMENT, UH, PART OF OUR PROGRAM, WHICH BY THE WAY, IS HEATHER MENTIONED, UH, IS THE MOST CENTRAL PIECE OF, OF, OF WHAT WE'RE DOING AND WHAT WE'RE TRYING TO RAMP UP AS FANTASTIC AS THE KNOWFOR PROCESS IS. THIS IS AN ECONOMIC DEVELOPMENT, UH, FUND. UH, AND SO, UH, THE FUNDS, THE MAJORITY OF THE FUNDS THAT WE HAVE SHOULD BE GOING TOWARDS THE ECONOMIC DEVELOPMENT PROJECTS. AND SO, UH, WE'D REALLY LIKE TO GET THE SAME ENERGY AND THE MOMENTUM GOING ON THE ECONOMIC DEVELOPMENT SIDE THAT WE DO ON THE NOFA SIDE. SO I THOUGHT IT WOULD BE USEFUL, UH, FOR US TO HAVE SOME DIALOGUE AND GO THROUGH AGAIN, HOW THAT PIECE OF IT WORKS, UH, AND TO, UH, LET ANYBODY GET ANY QUESTIONS AND, AND GAPS IN THEIR KNOWLEDGE ADDRESSED, UH, SO THAT THEY CAN FEEL COMFORTABLE GOING OUT AND TALKING ABOUT THIS JUST THE SAME WAY AS THEY'RE COMFORTABLE WITH TALKING ABOUT THE NOVA. SO, UH, MS. LIPSKA, I WILL TURN IT OVER TO YOU. THANK YOU, MR. CHAIR. UM, SO AS WAS JUST STATED, THE PRIMARY PURPOSE OF THE SOUTH DALLAS FAIR PARK OPPORTUNITY FUND, AS CURRENTLY ESTABLISHED, IS TO SERVE, UM, AS AN ECONOMIC DEVELOPMENT ORGAN, YOU KNOW, UH, PROGRAM. UM, AND SO UNDER THE ECONOMIC DEVELOPMENT PROGRAM, THE FUNDS CAN BE, HAVE TO BE AWARDED PRIMARILY AS A LOAN, WHICH MEANS THEY HAVE TO BE REPAID. THE IDEA BEHIND THIS IS THAT THE MONEY CAN COME BACK IN AND THEN GO BACK OUT INTO THE COMMUNITY, SO IT REMAINS EVERGREEN. UM, BUT WE ALSO RECOGNIZE THAT THERE'S A HUGE NEED IN THE COMMUNITY AND THAT NOT EVERY PROJECT CAN SUPPORT A FULL LOAN, EVEN IF WE ARE BELOW MARKET ON LOANS. AND SO UP TO 25% OF THE CITY'S AWARD CAN BE PROVIDED AS A GRANT. UM, SO FOR ANYTHING THAT'S AWARDED UNDER ECONOMIC DEVELOPMENT, A MINIMUM OF 75% HAS TO BE AS A LOAN, AND UP TO 25% CAN BE AS A GRANT. THE LOAN TERMS ARE ALMOST CERTAINLY BELOW MARKET. UM, THE ONES THAT WE'VE LOOKED AT RECENTLY ARE BETWEEN TWO AND 3%. SO THE IDEA ISN'T, UM, ISN'T THAT WE WANT TO MAKE A LOT OF MONEY, WE JUST WANNA BE ABLE TO GET THE MONEY BACK AND BACK INTO THE COMMUNITY. UM, THE CITY MONEY IS GOING TO BE GAP FINANCING. UM, THE PROJECT NEEDS TO PROVIDE PROOF OF PRIVATE SECTOR FUNDING, OR THAT HAS BEEN REJECTED FROM A BANK. SO JUST BECAUSE IT DOESN'T HAVE A BANK LOAN OR A-C-D-F-I LOAN IN IT DOESN'T MEAN WE WOULDN'T CONSIDER IT, BUT THEY DO HAVE TO DEMONSTRATE THEY'VE TRIED TO GET OUTSIDE MONEY. CITI CAN'T BE THE FIRST AND ONLY MONEY IN A PROJECT. UM, THE PROJECTS WILL GO THROUGH UNDERWRITING WITH GROW AMERICA, WHICH IS A-C-D-F-I, UM, THAT DOES ALL OF OUR DEPARTMENT'S UNDERWRITING, AND THEY'VE DONE A LOT OF, UM, THIS TYPE OF ACTIVITY. UM, AND THEY WILL REVIEW THE PROJECT BOTH FOR FEASIBILITY AND FOR THE NEED FOR GAP FINANCING. AND THEN OUR APPLICATION REQUIRES A PROJECT SUMMARY, A SITE PLAN, SOME RENDERINGS TO DEMONSTRATE THAT IT'S A REAL PROJECT. UM, THEY NEED TO PROVIDE A SOURCES AND USES AND AN OPERATING PRO FORMA FOR A, A FIVE TO SEVEN YEARS TO DEMONSTRATE THEY HAVE SOME ABILITY TO REPAY THE LOAN THAT WE WOULD BE PROVIDING. UM, AND THEN THE OTHER THING I'LL NOTE IS THAT THERE IS NO MINIMUM OR MAXIMUM PROJECT SIZE, BUT THEY WOULD BE LIMITED BY THE AVAILABLE FUNDING. SO, YOU KNOW, A PROJECT THAT'S $10 MILLION IS BETTER SERVED BY SOME OF OUR OTHER ECONOMIC DEVELOPMENT PROGRAMS AND NOT BY THIS PARTICULAR FUND. DO YOU WANT ME TO PAUSE FOR QUESTIONS THERE OR GO THROUGH QUESTION? ALL RIGHT, WE'LL, WE'LL PAUSE FOR QUESTIONS THERE JUST SO THAT WE, WE DON'T GET ROLLED UP TOO FAR. MR. DOCKINGS, JUST REAL QUICK, YOU WENT OVER CDFI REAL QUICK. WHAT IS THE DEFINITION OF THE ACRONYM? SURE. IT'S A COMMUNITY DEVELOPMENT FINANCE INSTITUTION. UM, AND BASICALLY THEIR CORE MISSION FROM THE US FEDERAL GOVERNMENT FOR RIGHT NOW, UM, IS TO, UH, PROVIDE FUNDING IN LOW INCOME AND UNDERSERVED NEIGHBORHOODS. DOES THAT ANSWER YOUR QUESTION, MR. DOCKER? YES. OKAY. ARE THERE ANY OTHER QUESTIONS, UH, COMMENTS OR FEEDBACK ABOUT, UH, THE FIRST PART OF, UH, WHAT MS. LIPKA SHARED ABOUT THE ECONOMIC DEVELOPMENT LOAN COMPONENT? UH, I HAVE A COUPLE QUESTIONS. IS THAT MISSING CARION? YES. OKAY, GO AHEAD. UM, SO, UH, I MIGHT BE PREMATURE, YOU MIGHT COVER THIS, BUT IS THERE ANY, UM, IS THERE ANY TIME LIMIT ON WHEN A PROJECT SHOULD BE CARRIED OUT? WHERE, IF IT'S A LOAN, LIKE IS THERE A TIME LIMIT WHERE, UM, AN ENTITY WOULD HAVE TO PAY BACK SOMETHING IF THEY DON'T COMPLETE IT WITHIN A SPECIFIC LIKE TIMEFRAME? [00:30:02] YEAH, SO THAT'S A GOOD QUESTION. THAT'S, THERE'S NOT ONE ANSWER THAT ANSWERS THAT QUESTION, BUT IT WOULD BE, DEPENDING ON THE PROJECT SCOPE, UM, YOU KNOW, GENERALLY THE LOANS FUND IN ADVANCE, BECAUSE THAT'S HOW LOANS ARE TYPICALLY FUNDED. UM, GRANTS ARE, WILL COME IN AFTER THE WORK HAS TAKEN PLACE BASED ON PERFORMANCE. SO THE LOANS WILL DEFINITELY HAVE SOME TRIGGERS IN THERE, UM, AND SOME CONTROLS. AND SO FOR THE FUND THAT WE, OR THE PROJECT WE MOST RECENTLY APPROVED, WHICH WAS THE MALCOLMS POINT, RETAIL, OUR CITY FUNDING WILL ACTUALLY GO INTO THE CONSTRUCTION DISBURSEMENT ACCOUNT AND WILL BE DISBURSED AS PART OF THE CONSTRUCTION MANAGEMENT PROCESS. UM, AND THEN TO REMAIN IN COMPLIANCE FOR THE LOAN, SHE HAS TO DELIVER THE PROJECT WITHIN X AMOUNT OF TIME, OTHERWISE THERE WOULD BE A TRIGGER OF DEFAULT. DID THAT, DOES THAT ANSWER THAT? YES. THANK YOU. THANK YOU. ARE THERE ANY OTHER QUESTIONS, UH, COMMENTS, UH, FEEDBACK FROM, FROM THIS PORTION? HEARING NONE, JUST, JUST REAL QUICK, UH, MS. LIPSKA, UH, SO GOING BACK TO BULLET POINT NUMBER ONE, UH, SO LET'S GIVE AN EXAMPLE OF THAT, RIGHT? SO LET'S SAY SOMEONE GOT AN AWARD FOR A HUNDRED THOUSAND DOLLARS. WHAT THIS SAYS THAT $75,000 OF THAT HAS TO BE IN THE FORM OF A LOAN, AND THEN THE OTHER 25,000 OF THE AWARD CAN BE AWARDED AS A GRANT. IS THAT CORRECT? THAT IS CORRECT. OKAY. I JUST WANTED TO POINT THAT OUT BECAUSE THERE IS SOME CONFUSION WHEN WE, WE, WE TALK ABOUT GRANTS AND WE THINK ABOUT GRANTS. UM, SOMETIMES THERE'S A TENDENCY TO CONFLATE THE NOFA GRANT WITH THIS PORTION OF THE GRANT. SO THERE, I JUST WANNA POINT OUT, THERE ARE TWO, TWO SEPARATE THINGS. THE NOFA, THE, THE MONEY THAT'S, UH, AVAILABLE FOR GRANTS ON THE NOFA SIDE IS COMPLETELY SEPARATE AND APART FROM AN AWARD THAT'S GIVEN ON THE ECONOMIC DEVELOPMENT SIDE, UM, WHEN WE, WHEN WE TALK ABOUT THE 7, 5, 25. SO I JUST WANTED TO PUT SOME NUMBERS TO THAT JUST SO THAT EVERYBODY, UH, KINDA UNDER UNDERSTANDS THAT. SO, UM, IF THERE ARE ANOTHER QUESTIONS, COMMENTS, OR FEEDBACK ON THAT, UM, MS. LIPSKA, UH, I'M SORRY, MS. WISE. MS. WISE, GO AHEAD. OKAY. SO SINCE YOU SAID THAT, I HAVE A QUESTION. UM, WHEN YOU'RE SAYING THE 75% OF THE LOAN IS, IS THAT PERCENTAGE, IS THAT A LOAN? LIKE SAY FOR INSTANCE THAT I GOT AND I'M BRINGING IN AND THEN I'M ASKING YOU FOR 25 SENTENCE? WELL, I'M, I'M TRYING TO FIGURE OUT WHAT EXACTLY YEAH. IS THE LOAN THE 75%, IS THAT THE LOAN PART THAT YOU'RE GIVING ME, THAT I'M APPLYING FOR FROM YOU? YES. SO LET'S SAY THE TOTAL PROJECT IS $200,000 MM-HMM . AND LET'S SAY YOU'VE GONE TO THE BANK AND YOU HAD, OR IN, IN BETWEEN THE BANK LOAN AND YOUR CASH EQUITY, YOU HAVE A HUNDRED THOUSAND DOLLARS. OKAY? SO THEN THERE'S STILL A GAP OF A HUNDRED THOUSAND DOLLARS. SO AFTER WE GO THROUGH OUR PROCESS ALL THAT, THE AMOUNT THAT WE WOULD PROVIDE AS A LOAN WOULD BE $75,000. THAT WOULD BE REPAID OVER X AMOUNT OF TIME TO BE DETERMINED, RIGHT? BASED ON UNDERWRITING AND THAT KINDA STUFF. AND THEN UP TO $25,000 OF THAT A HUNDRED THOUSAND COULD BE A GRANT TO SUPPORT THE PROJECT FROM THE CITY. FROM THE CITY. BOTH OF THOSE WOULD BE FROM THE CITY. YES, MA'AM. UH, THAT IS YOUR QUESTION, MS. WISE. OKAY. CHAIRMAN ENRIQUE. THANK YOU, MR. CHAIR. UM, MS. LIPSKA, IS IT COMMON FOR ALL ECONOMIC DEVELOPMENT, UM, PROJECTS TO HAVE A COMPONENT THAT HAS A, UH, A GRANT WITH IT? OR CAN THERE BE AN ECONOMIC DEVELOPMENT PROJECT THAT DOESN'T HAVE A GRANT? IT'S JUST STRICTLY LOAN. IT CERTAINLY CAN BE A HUNDRED PERCENT LOAN. UM, ESPECIALLY IF YOU'RE, ESPECIALLY IF IT'S A REVENUE BEARING PROJECT. YOU KNOW, IF IT'S A BUSINESS AND THEY HAVE TWO OR THREE YEARS OF STARTUP EXPENSES, BUT THEN THEY'RE, YOU KNOW, PROFORMA DEMONSTRATES THEY'RE GONNA BE BREAKING IN CASH. LIKE, WE SHOULDN'T BE GIVING THEM A GRANT. YOU KNOW, LIKE WE'RE SUPPOSED TO BE GAP FINANCING AND BRIDGE FINANCING. UM, AND SO THAT'S WHAT THE UNDERWRITERS WILL WORK THROUGH TO DETERMINE WHAT MAKES THE MOST SENSE FOR THE, IT'S, THESE ARE LIMITED FUNDS, RIGHT? UM, AND SO WE WANNA MAKE SURE WE'RE MAXIMIZING WHAT WE GET BACK. THANK YOU. THANK YOU, CHAIRMAN ENRIQUEZ, UH, ARE THERE ANY OTHER QUESTIONS, COMMENTS, OR FEEDBACK, UH, TO PART A? I HAVE QUESTION. YES. UH, WHO'S SPEAKING? SHANE HALEY. I NEED TO ALSO DO MY ATTENDANCE AS WELL. OKAY. MR. HALEY, UM, I WILL CALL YOUR NAME AND ACKNOWLEDGE YOUR PRESENCE AGAIN. UH, MR. SHANE HALEY PRESENT. OKAY. UH, YOUR PRESENCE IS NOTED. UH, GO AHEAD WITH YOUR QUESTION. GOT YOU. SO WITH THIS LOAN, IS IT, WOULD, WILL IT BE ABLE TO BE USED FOR PRE-DEVELOPMENT PHASE, UM, OR IS IT ONLY ALLOCATED TO CONSTRUCTION OR POST-CONSTRUCTION? THIS PARTICULAR SOUTH DALLAS FAIR PARK OPPORTUNITY FUND IS FOR [00:35:01] CONSTRUCTION AND FINISH OUT TYPE OF THINGS. OKAY. THE CITY OR OUR DEPARTMENT HAS A SEPARATE PRE-DEVELOPMENT LOAN FUND THAT PROVIDES A 0% INTEREST LOAN TO MWBE AND COMMUNITY DEVELOPERS, UM, WITH A 12 MONTH TERM. SO THAT WE HAVE A DIFFERENT PROGRAM, BUT THAT'S NOT THIS FUNDING. OKAY. AND WITH THAT, WITH THAT, ARE, ARE, UH, APPLICANTS ABLE TO DO BOTH? YES. OKAY. THANK YOU. THANK YOU VERY MUCH. MR. HALEY. ARE THERE ANY OTHER QUESTIONS, COMMENTS, OR FEEDBACK? UM, MR. HALEY, DO YOU HAVE ANOTHER QUESTION OR DO YOU STILL HAVE JUST YOUR HAND RAISED THERE? OKAY. ALRIGHT. UH, MS. WISE, WOULD THAT BE CONSIDER, UM, WOULD THE PURCHASE OF PROPERTY, WOULD THAT BE CONSIDERED? SO WE DO NOT, OUR DEPARTMENT HAS NOT SUPPORTED THE PURCHASE OF PROPERTY. OKAY. UM, BECAUSE WHAT WE ARE TRYING TO SUPPORT IS THE CREATION OF ADDITIONAL TAXABLE VALUE, OR THE CREATION OF NEW JOBS. AND SO THE PURCHASE OF PROPERTY IS, THAT'S OUT IN THE WASH. RIGHT? SO IT COUNTS TOWARDS THE TOTAL PROJECT COST. IT CAN BE CONTRIBUTED AS OWNER EQUITY, BUT IT WOULDN'T BE AN ELIGIBLE PROJECT CAUSE TO UNDERWRITE YOUR LOAN. DOES THAT ANSWER YOUR QUESTION, MS. W? YES. ALRIGHT. ANY OTHER QUESTIONS, COMMENTS, FEEDBACK ON THIS PORTION? UH, HEARING NONE, UH, MS. LORETA AND THESE SLIDES WILL LOOK FAMILIAR TO FOLKS WHO ARE HERE, ITEM THAT THREE MONTHS AGO. UM, BUT THIS JUST TALKS THROUGH THE PROCESS AND THE APPROVAL PROCESS. UM, SO FOR THIS PARTICULAR PROGRAM, UNLIKE THE NOFA, WE DO TAKE APPLICATIONS ON A ROLLING BASIS. WE ARE CURRENTLY IN TALKS WITH TWO ORGANIZATIONS RIGHT NOW THAT ARE LOOKING TO APPLY FOR THIS FUNDING. UM, ONCE WE GET THE APPLICATION, WE REVIEW FOR COMPLETENESS, THIS CAN TAKE, THERE CAN BE SOME BACK AND FORTH ON THIS. WE DON'T DISCOUNT ANYBODY, BUT WE WANNA GET THEM TO A PLACE WHERE WE CAN SAY YES OR AT LEAST SEND IT TO THE UNDERWRITER. UM, SO IT'S NOT AN IMMEDIATE TWO DAY REVIEW. IT, IT TAKES A LITTLE BIT OF TIME. UM, AND THEN WE PREPARE THE PACKAGE FOR UNDERWRITING. AFTER WE DO THAT, THE UNDERWRITER DOES A THIRD PARTY REVIEW, AS I MENTIONED. THEY DO A COMPREHENSIVE REVIEW TO LOOK FOR FEASIBILITY AND WHAT THE GAP IS. SO THEY LOOK AT THE PROJECT, THE SPONSOR, AND THE PROJECT BUDGET REPAYMENT SOURCES. UH, ONCE THE UNDERWRITER CAN FINISH, COMPLETES THEIR REVIEW, UH, WE REVIEW THEIR RECOMMENDATION, ASSUMING WE AGREE ON IT. UM, WE USE THAT AS THE BASIS FOR OUR OFFER LETTER THAT WILL BE SENT TO THE APPLICANT. UM, IF YOU KNOW THAT WHAT WE OFFER AND WHAT WE END UP AT, THERE CAN BE SOME NEGOTIATION ON THAT. UM, AND THEN ONCE WE HAVE AN EXECUTED OFFER LETTER, WE WOULD THEN BRING A RECOMMENDATION TO THE ADVI, THIS BOARD FOR REVIEW, AND THEN THE BOARD MAKES A RECOMMENDATION FOR CITY COUNCIL. NEXT SLIDE. UM, AND THEN AFTER CITY COUNCIL QUESTION, UH, GO AHEAD AND FINISH SURE. AND THEN WE'LL, WE'LL, WE'LL TAKE QUESTIONS AT THE END. SURE. SO FOR PROJECTS THAT ARE UNDER, OKAY. UM, FOR PROJECTS THAT ARE UNDER A HUNDRED THOUSAND DOLLARS OR UNDER A MILLION DOLLARS, DEPENDING ON WHERE THEY'RE LOCATED, WE CAN PROCESS THOSE THROUGH AN ADMINISTRATIVE ACTION. UM, AND SO THAT PROCESS INVOLVES A CONTRACT AND THEN AN ADMINISTRATIVE APPROVAL FROM THE CITY MANAGER'S OFFICE. AND THEN THE PROJECT TERM WOULD START FOR PROJECTS THAT NEED TO GO TO CITY COUNCIL, THE PROCESS IS A LITTLE BIT LONGER. CAN YOU GO TO THE NEXT SLIDE? SORRY. UM, SO IT GOES TO THE ECONOMIC DEVELOPMENT COMMITTEE, IT GOES TO CITY COUNCIL, THEN WE GET A CONTRACT, AND THEN THE PROJECT TERM STARTS. UM, AND YOU'LL SEE THE FOOTNOTE THAT IT'S THE, UNDER THE ECONOMIC DEVELOPMENT INCENTIVE POLICY, WE CAN APPROVE PROJECTS FOR A MILLION DOLLARS OR UNDER THE ADMINISTRATIVE ACTION. UM, AND THE NEXT SLIDE, SO THIS IS A LITTLE BIT HARD TO LOOK AT IF YOU DON'T KNOW WHAT YOU'RE LOOKING AT, BUT YOU CAN SEE ON THE RIGHT, THE GREEN IS THE SOUTH DALLAS FAIR PARK OPPORTUNITY FUND. UH, BOUNDARIES. THE BLUE AREAS ON THE LEFT ARE THE TARGET AREAS. SO IT'S NOT A ONE FOR ONE ALIGNMENT, BUT ANYTHING THAT WOULD BE IN A BLUE AREA, THE AMOUNT THAT WE CAN APPROVE ADMINISTRATIVELY IS A MILLION DOLLARS. IF IT'S NOT IN A BLUE AREA, ANYTHING OVER A HUNDRED THOUSAND WOULD HAVE TO GO TO CITY COUNCIL FOR APPROVAL IN A BLUE AREA. ANYTHING OVER A MILLION HAS TO GO TO COUNCIL. THANK YOU VERY MUCH MS. LIPSKA, UH, FOR THAT DISTINCTION. UH, MS. SIMS, UH, I THINK YOU HAD YOUR HAND RAISED FIRST. CHAIRWOMAN SIMS. YES. I HAVE A QUICK QUESTION. AT WHAT POINT, UM, I MEAN, IF SOMEONE COMES TO APPLY FOR, APPLIES TO THE FUND FOR MONEY, UM, [00:40:02] IS IT CHECKED WHETHER OR NOT THEY HAVE DELINQUENCIES WITH THE CITY? AND IF SO, AT WHAT POINT IS THAT? SO WHEN DO WE CHECK FOR DUE DILIGENCE TO MAKE SURE THEY'RE IN GOOD STANDING? MM-HMM . IT WOULD BE AFTER WE GET THE APPLICATION AND BEFORE WE SEND IT TO UNDERWRITING. OKAY. THANK YOU. THANK YOU. CHAIRWOMAN SIMS, UH, CHAIRMAN ENRIQUE IS, THANK YOU, MR. CHAIR. UM, MS. LIPSKA. SO AS I UNDERSTAND THE AREA THAT'S IDENTIFIED ON THE SLIDE IN BLUE, UM, PROJECTS CAN BE FUNDED IN THOSE AREAS AS LONG AS THEY MAKE THE, THE SPECIFIC REQUIREMENT OF FUNDS. SO PROJECTS CAN BE FUNDED ANYWHERE IN THE GREEN AREA. SO THE GREEN AREA IS YOUR SERVICE AREA, THE MECHANISM UNDER WHICH WAY THEY'D BE FUNDED FOR THE AMOUNT OF MONEY? DEPENDS ON IF THEY'RE BLUE OR NOT BLUE. SO IF THEY ARE NOT IN A BLUE AREA, WHICH IS A CITY TARGET AREA, THEY WOULD NEED TO GO TO CITY COUNCIL IF THEY'RE OVER A HUNDRED THOUSAND DOLLARS FOR THE AWARD. OKAY. UM, I GUESS I ASKED THAT QUESTION SPECIFICALLY BECAUSE I KNOW, YOU KNOW, OUR, THE STATEMENT OF OUR PROGRAM IS TO SERVE THESE IN CONSENSUS TRACKS SPECIFICALLY MM-HMM . FOR THE SOUTH DALLAS FAIR PARK OPPORTUNITY FUND. MM-HMM . AND IT LOOKS TO BE THAT SOME OF THOSE AREAS IDENTIFIED IN BLUE OR OUTSIDE OF THAT. CORRECT. SO THAT WOULD MEAN THAT THE ECONOMIC DEVELOPMENT FUND SPECIFICALLY COULD STRETCH TO SOME OF THOSE BLUE AREAS THAT ARE OUTSIDE OF THE SERVICE AREA. SO THE BLUE AREAS ARE THE TARGET AREA UNDER THE OFFICE OF ECONOMIC DEVELOPMENT PROGRAMS. UNDERSTOOD. SO THERE'S SOME DIFFERENT PROGRAMS THAT BENEFIT THE BLUE AREAS THAT MIGHT NOT BE ELIGIBLE IN THE NON BLUE AREAS. AND THE ABILITY TO PROCESS ADMINISTRATIVELY IS A HUGE JUST TIME SAVING DIFFERENCE, BUT IT DOESN'T IMPACT THE PROGRAMMATIC ELEMENT OF THE SOUTH DALLAS FAIR PARK OPPORTUNITY FUND. GOT IT. OKAY. SO, AS I UNDERSTAND IT, THE, THE CAPABILITY THAT THE OFFICE OF ECONOMIC DEVELOPMENT HAS TO, UM, APPROVE CERTAIN PROJECTS THAT ARE UNDER A PARTICULAR FUNDING IS EXTENDED TO THOSE AREAS IN BLUE OF WHICH WE HAVE SOME OVERLAP WITH OUR SERVICE AREA? CORRECT. OKAY. IT'S, SO WE CAN SEEK CITY MANAGER APPROVAL FOR AUTHORIZATION FOR THOSE IN THE BLUE AREAS. AND WE CAN'T, THE LIMIT IS AT A HUNDRED THOUSAND. IF IT'S NOT IN A BLUE AREA, IT'S AT A MILLION IN THE BLUE AREA. UNDERSTOOD. THANK YOU. THANK YOU CHAIRMAN. ENRIQUE, GREAT DISCUSSION. IS, WAS EVERYBODY CLEAR ON, ON ON THAT? I JUST WANNA MAKE SURE THAT EVERYBODY'S SUPER CLEAR, UH, ON THAT DIALOGUE THAT WE JUST HAD ABOUT THE, THE GREEN VERSUS THE BLUE AND, UH, HOW THAT WORKS. IS ANYBODY FUZZY ON THAT? PLEASE SPEAK UP IF, IF YOU ARE, UH, MSI , PLEASE. UH, GO AHEAD. UM, I WAS ACTUALLY WONDERING IF I COULD GET, UM, SOME, UM, ADDITIONAL INFORMATION ABOUT HOW MANY, UM, HOW MANY PROJECTS HAVE BEEN AWARDED IN THE GREEN AREA TO DATE, LIKE, SINCE THE, SINCE THE FUND HAS BEEN IN EXISTENCE, IF YOU GUYS HAVE THAT. UM, SO ON THE WEBSITE, THE SHORT ANSWER IS ON THE WEBSITE. WE HAVE THE LAST THREE OR FOUR ANNUAL REPORTS. AND SO YOU CAN LOOK BACK AND SEE EVERYTHING THAT THIS BOARD HAS DONE, UM, OVER THE PAST FOUR OR FIVE YEARS. UM, AND THE PROGRAM STATEMENT CHANGED IN 2018. SO ANYTHING PRIOR TO THAT ISN'T GONNA BE AN APPLES TO APPLES COMPARISON. OKAY. THANK YOU. ALRIGHT, THANK YOU. ANY OTHER QUESTIONS OR COMMENTS? FEEDBACK ABOUT THE TARGET AREA VERSUS THE SERVICE AREA AND THE FUNDING LIMITS AND, UH, THE ENHANCED AMOUNTS, UH, THAT CAN BE FUNDED ADMINISTRATIVELY, UM, BASED ON THE AREA? ANY OTHER QUESTIONS ABOUT THAT FROM ANYONE? OKAY. UM, HEARING NONE. SO, UH, GREAT DISCUSSION, GREAT DIALOGUE. HOPEFULLY EVERYBODY'S A LITTLE BIT MORE, UH, UH, CLEAR AND HAVE A LITTLE BIT BETTER UNDERSTANDING OF, OF THE ECONOMIC DEVELOPMENT PIECE. UH, AND I KNOW THERE'S A LOT OF WORK BEING DONE, UH, BY OUR, OUR SUBCOMMITTEE, UH, WHICH IS OUR NEXT AGENDA ITEM, AGENDA ITEM NUMBER SEVEN IS WE'LL, WE'LL HEAR, UH, QUICK, UH, REPORTS FROM, UH, OUR SUBCOMMITTEES, UH, BEGINNING WITH THE, UH, BUSINESS AND STRATEGIC STRATEGIC DEVELOPMENT SUBCOMMITTEE. SO FOR, BEFORE WE, UH, ROLL INTO THAT, UH, I JUST WANNA ENCOURAGE, UH, THE NEW BOARD MEMBERS, UM, MR. BUNNING AND, AND MS. ION, UM, MS. WISE, I KNOW YOU, YOU'VE, UH, UH, SPOKEN, [00:45:01] UH, UH, AND EXPRESS YOUR DESIRE TO, TO JOIN A SUBCOMMITTEE AS WELL. UH, PLEASE FEEL FREE TO, TO RAISE YOUR HAND AND, AND VOLUNTEER, UH, FOR EITHER ONE OF THOSE, UH, SUBCOMMITTEES, UH, THE BUSINESS DEVELOPMENT SUBCOMMITTEE, WHICH FOCUSES SPECIFICALLY, UH, ON THIS PIECE THAT WE JUST COVERED, THE ECONOMIC DEVELOPMENT PIECE, WHICH IS REALLY WHAT WE WANNA TO CONTINUE TO DRIVE TOWARDS BECAUSE WE WANT TO GET MORE QUALIFIED APPLICANTS INTO THE DOOR AND SUBSEQUENTLY GET MONEY OUT THE DOOR SO THAT WE CAN START DRIVING ECONOMIC DEVELOPMENT FOR THIS AREA. 'CAUSE THAT'S HOW WE'RE REALLY GONNA TRANSFORM THIS AREA. AND SO THIS SUBCOMMITTEE IS TASKED WITH, UH, THINKING OF DIFFERENT WAYS TO, YOU KNOW, FOR EXAMPLE, SIMPLIFY THE APPLICATION PROCESS, UH, LOOKING FOR DIFFERENT WAYS TO, UH, PARTNER WITH DIFFERENT, UH, ORGANIZATIONS, WHETHER THEY BE SCHOOLS, CDFIS BANKS, UH, WHOEVER IT MAY BE TO UNCOVER LEADS, GET THE WORD OUT, UM, UH, GET THOSE FOLKS IN THE PIPELINE. AND ALSO FIGURE OUT WAYS AS TO HOW WE CAN SUPPORT THOSE BUSINESSES THAT COME INTO THE PIPELINE, UH, TO, TO, YOU KNOW, MAKE SURE THAT THEY HAVE THE STRONGEST APPLICATION POSSIBLE SO THAT THEY CAN HAVE THE BEST CHANCE TO GET APPROVED. AND IF THEY'RE NOT READY, HAVE AN OPPORTUNITY TO, TO PLUG INTO SOME OF THOSE ANCILLARY SERVICES TO GET THEMSELVES READY AND THEN COME, MAYBE COME BACK TO THE FUND, UH, AT A LATER TIME. SO, UH, THE STRATEGIC AND BUSINESS DEVELOPMENT SUBCOMMITTEE IS, IS FOCUSED ON THAT AND FIGURING OUT WAYS TO DRIVE THE SAME TYPE OF ACTIVITY THAT WE SEE ON THE NOFA SIDE, UH, FOR THE ECONOMIC DEVELOPMENT SIDE. SO, UH, UH, THAT AS A SETUP, I WILL, UH, TURN IT OVER TO CHAIRWOMAN SIMS TO JUST KIND OF RECAP, UH, WHAT THE, UH, BUSINESS AND STRATEGIC SUBCOMMITTEE, UH, WHAT, WHAT SOME OF THEIR GOALS ARE, WHEN THE NEXT MEETING IS, SOME OF THE THINGS THAT THEY'RE COVERING AND, AND SOME OF THE, THE PRIORITIES THAT THAT CHAIRWOMAN SIMS IS LAID OUT, UH, THERE. SO, UH, CHAIRWOMAN SIMS. YES. THANK YOU. UH, CHAIR JOHNSON. UM, SO I THINK WE'VE HAD, WHAT, ABOUT THREE OR FOUR MEETINGS, UM, TO TRY TO, UM, I DON'T, UH, LOOK AT THE APPLICATION AND TO UP, TO UPDATE THAT A BIT. AND SO NICHOLAS TOOK THE BULK OF, UM, GETTING THAT TOGETHER. UM, AND THEN WE ALSO LOOKED AT PROCESSES AND, AND HOW THEY WORK AND, YOU KNOW, HOW WE CAN, YOU KNOW, AFFECT CHANGE ON THOSE. I THINK OUR NEXT STEP, BECAUSE I THINK WHAT WE'RE DOING RIGHT NOW IS HITTING UP AGAINST SOME THINGS, UM, THAT STAFF IS PLANNING TO DO. AND INSTEAD OF US BEING ON, YOU KNOW, TWO DIFFERENT ROADS, I WOULD RATHER FOR US JUMP IN THE CAR TOGETHER AND GO ALONG TOGETHER. SO MY NEXT STEP IS TO SET A MEETING WITH NICHOLAS. UM, WE SHOULD HAVE A MEETING WITHIN THE NEXT TWO WEEKS. UM, I THINK WE TRY TO MEET ON THURSDAYS AT, UM, AT SIX OR SIX 30, JUST SO THAT WE CAN BE MINDFUL OF EVERYBODY'S SCHEDULE. BUT WE ARE, UM, TAKING NEW COMMITTEE MEMBERS. SO IF YOU'RE INTERESTED IN HELPING US TO, UM, YOU KNOW, PROMOTE THE TRUST FUND FOR BUSINESSES WHO NEED LOANS, PLEASE JOIN US. THANK YOU, MS. SIMS. MS. INCAR, DO, DO, I, IS YOUR, DID YOU HAVE A QUESTION? I SEE YOUR HAND. NO, SORRY. MY BAD. I LEFT IT UP. OKAY. OKAY. UH, NO PROBLEM. UH, DOES ANYBODY HAVE ANY QUESTIONS, COMMENTS, OR, OR FEEDBACK FOR CHAIRWOMAN SIMS OR ANY QUESTIONS ABOUT WHAT THE NEXT STEP AND MS. SIMS, YOU'LL, YOU'LL CIRCULATE, UH, UH, A, A, A MEETING PLANNER FOR YOUR NEXT MEETING? I KNOW YOU'RE MEETING WITH NICHOLAS SEPARATELY, IT SOUNDS LIKE, UH, JUST TO KIND GET COORDINATED THERE, BUT YOU'LL CIRCULATE A, A, A MEETING INVITE, UH, FOR FOLKS THAT HAVE SPECIFICALLY JOINED YOUR SUBCOMMITTEE. IS, IS THAT CORRECT? I WON'T SPEAK OUT OF TE YES. THAT'S WHAT WE NORMALLY DO. YES. OKAY. OKAY. AND, AND PLEASE, UH, ONCE AGAIN, I ENCOURAGE, UH, ANY OF OUR BOARD MEMBERS, ESPECIALLY THE NEW FOLKS WHO ARE JOINING TO, TO PLEASE CONSIDER JOINING THE SUBCOMMITTEE. AND THEN ALSO, ONE THING THAT I WANNA POINT OUT, IF YOU JOIN THE SUBCOMMITTEE, UH, UH, PLEASE DO YOUR BEST TO ATTEND THE MEETINGS BECAUSE, UH, THE SAME RULES GOVERN THE SUBCOMMITTEES THAT GOVERN THIS COMMITTEE IN TERMS OF BEING ABLE TO HAVE A MEETING. UH, YOU, YOU NEED TO HAVE A QUORUM, RIGHT? AND SO IF A MEETING'S CALLED AND THERE'S NOT A QUORUM, THEN WE CAN'T HAVE THAT MEETING. AND THEN THAT, THAT SORT OF STYMIE THE, THE, THE PROGRESS THAT, THAT WE'VE GOT GOING INTO THAT NEXT MONTH IF WE CAN'T HAVE A MEETING TO PUSH FORWARD, UH, SOME OF THE ITEMS ON THE AGENDA. SO, UH, I JUST WANNA MAKE, MAKE SURE OF THAT TO BE MINDFUL OF THAT. EXCUSE ME, CHAIR. HI, UH, BRADY PLENARY ASSISTANT, UH, CITY ATTORNEY. SO I JUST WANNA REITERATE FOR EVERYONE, YOU KNOW, OF COURSE, [00:50:01] THAT, UM, WE CAN'T HAVE, UM, A SUBCOMMITTEE WHOSE, YOU KNOW, TOTAL MEMBERSHIP EXCEEDS THE QUORUM REQUIRED FOR THE FULL BODY. SO JUST WANNA KEEP THAT IN MIND AS WE'RE ADDING PEOPLE AND MOVING PEOPLE AROUND ON THOSE SUBCOMMITTEES. THANK YOU FOR THAT CLARIFICATION. AND ALSO, WE CAN HAVE ROSTERS FOR THOSE Y'ALL. OKAY. THANK YOU. THANK YOU FOR THAT CLARIFICATION. WHICH MEANS, BASICALLY WE, WE CAN'T HAVE MORE THAN SEVEN PEOPLE BASICALLY ON, ON A SUBCOMMITTEE IT TO TRANSLATE THAT OUT FOR EVERYBODY. CORRECT. WHICH I DON'T THINK THAT WE'RE ANYWHERE NEAR THAT, UH, FOR, FOR EITHER SUBCOMMITTEE. SO I THINK WE'RE GOOD ON THAT. BUT, UM, THANK YOU FOR, FOR CLARIFICATION ON THAT. YOU ALSO CAN'T HAVE MORE THAN SEVEN PEOPLE AT THE MEETING, SO YOU CAN'T SIT IN ON A MEETING, YOU KNOW, IF YOU THOUGHT YOU MIGHT JUST POP IN AND LISTEN, THAT'S NOT ALLOWED. IF IT GETS US OVER THE SEVEN. UNDERSTOOD. SO WE WANNA KEEP THOSE COMMITTEES PROBABLY AT THREE OR FOUR WOULD BE, SO WE DON'T RUN INTO THAT ISSUE. UNDERSTOOD. UNDERSTOOD. UH, CHAIRMAN ENRIQUE. UH, OKAY. ALRIGHT. ANY OTHER QUESTIONS, COMMENTS, OR FEEDBACK? UH, UH, UH, FROM, UH, CHAIRWOMAN SIMS ON, UH, WHERE WE'RE HEADED WITH THE BUSINESS STRATEGIC DEVELOPMENT SUBCOMMITTEE. IF NOT, WE'LL MOVE ON TO OUR FINAL ITEM, UH, PART B, UH, WHICH IS OUR SECOND SUBCOMMITTEE, WHICH IS THE MARKETING SUBCOMMITTEE. UM, UH, UH, CHAIRED BY, UH, CHAIRMAN ENRIQUEZ. UM, AS WE SAW LAST MEETING, UH, THEY'VE BEEN DOING A LOT OF WORK, UH, WITH, UH, A BUNCH OF OUR DIFFERENT MARKETING EFFORTS. SO, UH, THE LAST MEETING WE SAW A FLYER, UH, THAT WAS PRODUCED, UH, BY THE MARKETING SUBCOMMITTEE, UH, THAT WAS DISTRIBUTED, UH, MOST RECENTLY WITH THIS, UH, NOFA. AND SO I KNOW THEY'RE WORKING ON A NUMBER OF OTHER THINGS, UH, THAT ARE ON THE AGENDA. SO WITH THAT, I WILL TURN IT OVER TO, UH, CHAIR ENRIQUEZ TO LET HIM GIVE EVERYBODY AN UPDATE ON WHAT'S NEXT ON THE AGENDA, UH, AND, AND WHERE HE'D LIKE TO GO WITH THAT. THANK YOU, MR. CHAIR. UM, SO IN THIS LAST MONTH FOR THE MONTH OF FEBRUARY, WE DID NOT HAVE A SUBCOMMITTEE MEETING. UH, WE'LL LOOK TO RESUME IN THE MONTH OF MARCH. HOWEVER, UM, ON THE 7TH OF FEBRUARY, UM, WE, MYSELF AND, UH, CHAIRMAN DAWKINS, WERE ABLE TO CONNECT WITH THE, UH, THE DEC REDBIRD, UM, TO JUST DISCUSS OPPORTUNITIES FOR POTENTIAL PARTNERSHIP. I'M GONNA TURN IT OVER TO, UH, COMMISSIONER DAWKINS FOR A BRIEF UPDATE ON THAT. THANK YOU CHAIR. UM, SO AS CHAIR ENRIQUE HAS MENTIONED, WE DID HAVE A MEETING ON FEBRUARY 7TH WITH THE DALLAS ENTREPRENEUR CENTER, WHICH MANY OF YOU KNOW, IS LOCATED AT REDBIRD. UM, THEY ALSO HAVE A SISTER, UH, FACILITY OUT IN FORT WORTH ON BRYAN AVENUE. AND, UH, OUR CALL WAS WITH DOUG PIERCE, WHO'S A MANAGER OF BUSINESS DEVELOPMENT, AS WELL AS HENRY LY, THE BUSINESS DEVELOPMENT COORDINATOR, WHO DID THE MAJORITY OF THE TALKING. UM, YOU KNOW, THE MEETING WENT, I THOUGHT INCREDIBLY WELL. I'LL LET THE CHAIRS SPEAK TO THAT AFTER. UH, BUT THEY WERE APPREHENSIVE AT FIRST AS WE CAME IN, JUST AS KIND OF A COLD CALL. BUT THEN, UM, THEIR EXCITEMENT KIND OF BUILT AS WE TALKED THROUGH THE PROCESS, WHO WE REPRESENTED, WHY THE OPPORTUNITY FUND IS VERY IMPORTANT, HOW WE GET OUR FUNDING, UH, AND THE HISTORY OF THE OPPORTUNITY FUND. UM, THE DALLAS ENTREPRENEUR CENTER, FOR THOSE WHO DON'T KNOW WHAT WAS FOUNDED IN 2013, THEY OPERATE OUT OF DALLAS RED OR REDBIRD MALL. UH, IT IS AN INCREDIBLE, INCREDIBLE, UH, CENTER. THEIR INITIATIVE IS THERE TO SUPPORT ENTREPRENEURS THROUGHOUT DALLAS, UH, IN AN EFFORT TO HEIGHTEN THE AWARENESS OF CITIZENS TO ENTREPRENEURIAL ACTIVITIES, BOTH ENTREPRENEURIAL ACTIVITIES FOR NEW BEGINNERS AND STARTUP, AS WELL AS THOSE WHO HAVE BEEN OPERATING BUSINESS AND WANT TO GROW THEIR BUSINESS. UM, I HAVE HERE A CALENDAR OF, UM, EVERYTHING THAT THEY'RE DOING FROM FEBRUARY THROUGH, UH, JUNE. UM, IT, IT'S, THEY OFFER MENTORSHIP OPPORTUNITIES. THEY OFFER, UM, AI DEVELOPMENT AND, UM, EDUCATIONAL OPPORTUNITIES ON EVERYTHING, INCLUDING AI, AS WELL AS BASIC BUSINESS FUNDAMENTALS. THEY'RE IN PARTNERSHIP WITH FROST BANK THROUGH LUNCH AND LEARNS AND MENTORSHIP, AS WELL AS TEXAS CAPITAL BANK. SO THEY SEEMED INCREDIBLY RECEPTIVE TO, UM, A PARTNERSHIP WITH US. UH, THEY ASKED FOR MORE INFORMATION AND WE'RE EAGER TO MOVE ALONG TO THE NEXT STEP. SO I WILL PASS THIS WITH APOLOGIES TO THOSE WHO ARE ONLINE. I'LL PASS THIS CALENDAR AROUND JUST SO YOU CAN TAKE A LOOK AT IT. AND THEN I'LL LEAVE THIS FOR CHAIRMAN ENRIQUEZ TO HAVE, UH, AS A POINT OF REFERENCE. THANK YOU. THANK YOU, COMMISSIONER DAWKINS. AND FOR THOSE THAT ARE ONLINE, WE WILL, UH, WE'LL LOOK TO DIGITIZE THAT CALENDAR AND CIRCULATE, UM, FOR THE, FOR THE BOARD TO, TO TAKE A LOOK AT. UM, YOU KNOW, A COUPLE OF THINGS THAT, THAT CAME OUT OF OUR CALL OF NOTE, SPECIFICALLY IN OUR CONVERSATION WITH MR. PIERCE, UM, WERE A COUPLE OF KEY EVENTS THAT, UM, THAT THEY MENTIONED MIGHT BE A REALLY GOOD OPPORTUNITY FOR US TO, TO WORK WITH THEM TO DO SOME TABLING, UM, JUST TO KIND OF INCREASE THE AWARENESS [00:55:01] OF OUR, OUR FUND, UM, BOTH FROM A HUMAN DEVELOPMENT STANDPOINT, BUT ALSO FROM AN ECONOMIC DEVELOPMENT STANDPOINT. ONE, ONE EVENT SPECIFICALLY WAS IN Q2, UM, ON THE 19TH OF, OF JUNE. IT'S CALLED AMPLIFY. IT WILL BE AT THE DALLAS ENTREPRENEURSHIP CENTER, REDBIRD FROM 1130 TO 1:30 PM. UM, AND IT'S FOCUSED ON AN EVENT FOR STARTUPS OF, YOU KNOW, VARYING DIFFERENT STAGES, UM, LOOKING JUST TO GET MORE RESOURCES OR UNDERSTAND, YOU KNOW, HOW THEY CAN DO SOME MORE FUNDING. UM, SO THERE'S A POTENTIAL FOR TABLING THERE. AND THEN THEY ALSO ENCOURAGE US TO, TO SEE IF WE COULD DO SOME TABLING AT THE DALLAS STARTUP WEEK, UM, IN AUGUST. THAT'S A WEEK LONG EVENT. UM, AND AGAIN, UH, ORGANIZATIONS OF ALL DIFFERENT SIZES, UM, EXISTING BUSINESSES, STARTUPS, UM, ALL TAKE PART IN THAT. AND THEY WERE PRETTY, UM, EXCITED TO SEE IF WE COULD POTENTIALLY PARTNER WITH THEM TO, TO HAVE A PRESENCE THERE FOR THAT AS WELL. UM, SO, YOU KNOW, A COUPLE OF KEY THINGS FOR THOSE OF YOU THAT ARE NEW TO THE, TO THE BOARD, A COUPLE OF KEY THINGS THAT WE'VE BEEN FOCUSED ON, UH, FROM A SUBCOMMITTEE STANDPOINT IS, YOU KNOW, YOU KNOW, OBVIOUSLY PUTTING TOGETHER SOME SORT OF COMMUNICATION THAT ALLOWS US TO HAVE A FLYER THAT, YOU KNOW, TOP LINES WHAT OUR, WHAT OUR FUND DOES FROM A HUMAN DEVELOPMENT STANDPOINT, AS WELL AS AN ECONOMIC DEVELOPMENT STANDPOINT. UM, YOU KNOW, SO THAT WAY WE CAN, WE CAN UTILIZE WHENEVER WE'RE IN CONVERSATION WITH PEOPLE IN THE COMMUNITY, LIKE, HEY, HERE'S A, HERE'S, UM, A, A FLYER THAT'LL TELL YOU A LITTLE BIT ABOUT IT AND GIVE YOU A LINK TO WHERE YOU CAN GO AND FIND OUT MORE. UM, YOU KNOW, ALSO WE'VE BEEN FOCUSED ON KIND OF CLEANING UP OUR MESSAGING DIGITALLY ON THE, UM, SOUTH DALLAS FAIR PARK OPPORTUNITY FUND, UH, WEBSITE. JUST MAKING SURE THAT WE HAVE A, A, A STREAMLINED COMMUNICATION THAT WILL MATCH ALSO THAT FLYER AS WELL AS, YOU KNOW, A SIMPLIFIED, UM, UH, COMMUNICATION OF OUR, OF OUR PROGRAM STATEMENT. UM, AND THEN LASTLY, IDENTIFYING DIFFERENT EVENTS THAT WE COULD TAKE PART OF THAT ARE GONNA HELP US JUST MEET MORE BUSINESSES THAT, YOU KNOW, WE CAN THEN FORWARD TO THE, THE OPPOSITE OF ECONOMIC DEVELOPMENT AND STAFF, YOU KNOW, FOR EVALUATION ON HOW THEY CAN TAKE ADV ADVANTAGE OF OUR FUNDING PROGRAM. SO, YOU KNOW, SLOWLY BUT SURELY AND LITTLE BY LITTLE, UM, WE'RE, WE'RE STARTING TO MAKE SOME HEADWAY. UM, I DID HAVE A QUESTION FOR STAFF, UM, REGARDING OUTREACH OPPORTUNITIES. OBVIOUSLY RIGHT NOW WE'RE REALLY FOCUSED ON THE, THE NOFA AND THE, THE OUTREACH AROUND THOSE COMPONENTS. BUT, UH, I JUST WANTED TO UNDERSTAND IF STAFF HAD SOME, UM, SOME, UM, UH, AMBITIONS TO CREATE ANY OUTREACH AROUND THE ECONOMIC DEVELOPMENT PIECE. UM, IF THERE WAS A TIMING, UM, JUST AS WE'RE TALKING ABOUT WAYS THAT WE CAN, WE CAN TABLE AND GET OUT THERE, UM, YOU KNOW, WANNA MAKE SURE WE'RE NOT CROSSING HAIRS THERE AND WE'RE ALIGNED. UH, WASN'T CERTAIN IF THERE WERE ALREADY SOME STUFF IN THE WORKS. YEAH, THAT'S A GOOD QUESTION. THANK YOU FOR IT. I MEAN, I THINK FOR US, FOR ECONOMIC DEVELOPMENT PROJECTS, THE BEST SOURCE FOR US IS GONNA BE BANKS, CDFIS, THE LENDING INSTITUTIONS, BECAUSE THEY'RE, AND EVEN IF THEY'RE SAYING NO TO THE PROJECT, THEY'RE AT LEAST COMING IN. UM, IT, WHEN WE'RE GETTING KIND OF COLD CALLS FROM THE COMMUNITY, WE'RE HAPPY TO TALK TO THEM, BUT WE'RE FINDING THEY'RE NOT REALLY READY FOR OUR FUNDS. UM, AND SO I THINK WE PROBABLY A NEED TO PARTNER WITH NONPROFITS WHO ARE GETTING BUSINESSES READY, RIGHT? SO THAT WE HAVE A BETTER PIPELINE. BUT THEN B, WORK WITH THE, THE FINANCIAL INSTITUTIONS BECAUSE WE KNOW THAT THEY'RE, THE PROJECTS THAT ARE GETTING TO THAT STAGE ARE MORE READY, UM, SO THAT WE CAN, WE HAVE BETTER SUCCESS. AND I THINK AS WE, OR IF WE ADD STAFF, WE'D BE ABLE TO DO MORE OF A GENERAL OUTREACH. UM, BUT I MEAN, THE ONES THAT WE'RE KIND OF GETTING WITHOUT SOME VETTING REQUIRE A, A LOT OF STAFF TIME TO KINDA GET THEM, UM, TO A POINT WHERE WE REFER TO A DIFFERENT PARTNER. SURE. THAT MAKES SENSE. THANK YOU COMMISSIONER. WES, YOU GOT A QUESTION? DO WE HAVE, UM, SOME TYPE OF PROTOTYPE FOR PEOPLE? LIKE YOU SAID YOU GET A LOT OF COLD CALLS AND THINGS LIKE THAT. IS THERE SOMETHING TO REFER THEM TO? I KNOW WE HAVE A LIST, OF COURSE, YOU KNOW, SAY STATING QUALIFICATIONS, BUT SOMETHING MORE IN DEBT MAYBE, UM, AN OLD APPLICATION, AN OLD, YOU KNOW, SOMETHING A LITTLE BIT MORE TANGIBLE FORM. YEAH, SO WE, I MEAN, WE WALK, I MEAN, NICHOLAS CAN SPEAK TO THIS 'CAUSE HE'S BEEN TALKING TO A LOT OF FOLKS ABOUT IT, BUT WE HAVE AN APPLICATION, UM, THAT WE SEND THEM. AND WE'RE FINDING THAT IT'S FOR THE, FOR A LOT OF THE COLD CALLS THAT WE'RE GETTING IN, THEY'RE NOT REALLY READY TO COMPLETE THE APPLICATION. UM, YOU KNOW, BUSINESSES DON'T HAVE A PRO FORMA, THEY DON'T KNOW WHAT A SOURCES AND USES IS. SO I, I MEAN, WE FEEL LIKE GIVING THEM THE APPLICATION UPFRONT IS GREAT BECAUSE THEY UNDERSTAND WHAT, WHAT WE NEED FOR THEM TO BE READY FOR THIS FUND. UM, AND THEN I'LL ALSO SAY ON THE SMALL BUSINESS SIDE, WE'RE WORKING ON [01:00:01] BUILDING OUT THE RESOURCE PARTNERS SO THAT WE CAN WORK THROUGH GETTING THE TECHNICAL ASSISTANCE PARTNERSHIPS IN PLACE. UM, BECAUSE THE CITY ISN'T REALLY HELP OUR, WE'RE NOT CAPABLE OF HELPING PEOPLE WITH BUSINESS PLANS. LIKE, THAT'S NOT, THAT'S NOT OUR CORE. A THERE'S NONPROFIT PROVIDERS OUT THERE THAT DO IT BETTER THAN US AND QUICKER THAN US. SO WE DON'T, WE SHOULDN'T BE DOING THAT. UM, BUT WHEN WE INHERITED SMALL BUSINESS, THAT ECOSYSTEM OF PARTNERSHIP HASN'T REALLY BEEN REALLY WELL DEVELOPED FOR THE CITY AT THIS POINT. UM, AND SO THAT'S SOMETHING ELSE WE'RE WORKING ON WITHIN OUR DEPARTMENT, WITHIN THIS DIVISION, ON THIS THREE TO SIX MONTH PLAN THOUGH. SO JUST A SUGGESTION FOR A PROTOTYPE, IF YOU KNOW WHAT I MEAN. LIKE AN, AN AN APPLICATION WITH SOMEBODY THAT WAS APPROVED WITH ALL OF THOSE, THE CHECKS AND BALANCES. NOT A BLANK APPLICATION, BUT SOMETHING, SOMEONE . SO WHAT IT LOOKS LIKE MM-HMM . YEAH. WE CAN DO THAT. MM-HMM . SO THAT WOULD HELP ME WHEN I THINK ABOUT BEING VISUAL AND WE HAVE, WE HAVE DEVELOPED KIND OF THE BLANK DOCUMENTS THAT ARE ATTACHMENTS FOR THEM TO FILL IN THAT INFORMATION. SO THERE IS SOME TEMPLATED WORK. YEAH. THANK YOU COMMISSIONER. WE, UM, AND THANK YOU STAFF. THAT CONCLUDES MY REPORT. ANY QUESTIONS FROM THE BOARD? UH, I DO HAVE A QUESTION. UM, SO I KIND OF AGREE. I, I WOULD BE WILLING TO, UM, HELP WITH, UM, BUSINESSES THAT MIGHT BE, UM, STRUGGLING WITH THE FIRST PART OF THE APPLICATION, WHICH WOULD BE KIND OF BUILDING THAT BUSINESS PLAN. UM, SEE, YOU KNOW, I'D BE WILLING TO SEE, UH, WHICH ORGANIZATIONS IN THE COMMUNITY CAN KIND OF HELP, UH, HELP US AND COLLABORATE WITH US DIRECTLY ON THAT, BECAUSE, UM, I DO THINK THAT THERE IS A RISK OF, UM, THE FUNDS FAVORING, UM, BUSINESSES OR INDIVIDUALS THAT ALREADY KIND OF HAVE THE FINANCIAL LITERACY OR RESOURCES TO KIND OF RUN THEIR BUSINESS AT THAT LEVEL VERSUS THE BUSINESSES AND THE COMMUNITY THAT HAVE BEEN HERE FOR MANY YEARS. BUT DEFINITELY NEED THAT HELP. SO I'D BE WILLING TO, UM, COLLABORATE WITH ANY, YOU KNOW, ANYONE ON THE BOARD OR ANYONE ON THE STAFF TO KIND OF, UM, KIND OF DO THAT EXTRA LEGWORK DOING, UM, DOING FIELD CAMPAIGNING, UM, YOU KNOW, GIVING OUT THAT INFORMATION KIND OF ON THE STREET BECAUSE I DO THINK IT IS IMPORTANT TO MAKE SURE THAT WE CAN PRESERVE, UM, THOSE LEGACY BUSINESSES THAT HAVE BEEN HERE FOR A LOT OF TIME. BUT THAT CAN REALLY JUST USE, UM, A FACELIFT IN DIFFERENT WAYS. MAYBE GET THEIR WEBSITE UP, MAYBE, UM, KIND OF FIX SOME OF THOSE THINGS IN THE BUILDING THAT THEY ALREADY OCCUPY, UM, AND KIND OF JUST MAKE SURE THAT THEY CAN STAY, STAY AROUND A LITTLE BIT LONGER. SO IF THAT INCLUDES LIKE, YOU KNOW, A SAMPLE OF, UM, A SUCCESSFUL APPLICATION, A PACKET THAT WE CAN GIVE THEM. AND I WAS ALSO GONNA ASK, UM, DO WE TRANSLATE THE FLYERS AND LIKE THE WEBSITE TO SPANISH? YES. SO THE PRINT MATERIALS ARE ALL AVAILABLE IN SPANISH. THE WEBSITE IS AVAILABLE IN SPANISH THROUGH GOOGLE TRANSLATE, WHICH I KNOW IS NOT A PERFECT OPTION, BUT IT'S REALLY, WE DON'T HAVE A DEDICATED STAFF PERSON TO MAINTAIN THE TRANSLATION UP TO DATE. SO WE USE, UM, GOOGLE TRANSLATE FOR THE WEBSITE. OKAY. THANK YOU. THANK YOU MS. ENC. UM, ANY ADDITIONAL QUESTIONS? YEAH, I, IF IT'S OKAY WITH THE CHAIR, I HAD A QUESTION RELATED TO THAT. AND MY QUESTION IS REALLY OUTTA CURIOSITY, CAN SOMEONE GO THROUGH THIS ENTIRE PROCESS AS A SOLE SPANISH SPEAKER? WHICH I WOULD IMAGINE WOULD BE SOMEWHAT DIFFICULT, BUT I KNOW MR. BETA IS, YOU KNOW, WORKING AS FAST AS HE CAN. WE, YES. I MEAN, WE HAVE SPANISH SPEAKING STAFF. UM, SO YES, THEY CAN GO THROUGH THE ENTIRE PROCESS IN SPANISH. ONE MORE QUESTION FOR THE STAFF. UM, WHEN, WHEN THE NOFA OPENS UP, WHEN IS IT, IS IT A TIME THAT IT CLOSES OR IS THIS LIKE A TIME THAT THE APPLICATION CLOSES AND THEN IT OPENS BACK UP? HOW DOES THAT, HOW DOES THAT WORK? OR THE HUMAN DEVELOPMENT NOFA? UM, NOT FOR THE NOFA. UM, FROM WHAT WE WERE JUST TALKING ABOUT, THE, UM, SO THIS IS ON AN ONGOING BASIS FOR ECONOMIC DEVELOPMENT. SO IT DOESN'T CLOSE. IT DOESN'T CLOSE. SO WHEN YOU, BUT WHEN YOU WERE TALKING ABOUT THE NOFA AND YOU SAID THAT THERE WOULD BE A CUTOFF, WE NEEDED TO STOP TALKING ABOUT IT OR THE HUMAN DEVELOPMENT NOFO MATIVE, RIGHT? ONCE. CORRECT. OKAY. SO ONCE WE HAVE THE APPLICATIONS IN, [01:05:01] THEN IT WOULD BE IN A JUDGING POSITION AND YOU WILL BE ULTIMATELY GETTING THESE UNDER CONSIDERATION. AND SO THAT WOULD BE YOUR RIGHT LINE, BUT THAT WOULD NOT STOP OTHER PEOPLE FROM STILL APPLYING. THAT WOULD STOP PEOPLE FROM APPLYING FOR THE HUMAN DEVELOPMENT NOTEBOOK PROGRAM. OKAY. BUT IT WOULD NOT STOP ANYBODY FROM APPLYING FOR THE ECONOMIC DEVELOPMENT PROGRAM. GOTCHA. UM, AND SO THAT ONE DOES NOT CLOSE. IT'S AN ONGOING BASIS BECAUSE, I MEAN, THE REALITY IS IF YOU'RE DOING A BUSINESS PROJECT, YOU'RE WORKING ON YOUR BUSINESS PROJECTS TIMELINE. AND SO IT, AND IT'S GONNA BE MORE VERBAL BASIS. ALRIGHT. UH, THANK YOU FOR THAT REPORT. UH, CHAIRMAN ENRIQUEZ, UH, THIS WAS VERY ROBUST AND, AND, UH, SUBSTANTIVE DIALOGUE, UH, ABOUT, UM, THE ECONOMIC DEVELOPMENT PROGRAM. SO, UH, THANK YOU FOR THAT. AND, UH, MS. INCAR, BASED ON YOUR REMARKS, UH, FEEL FREE TO PLEASE REACH OUT TO CHAIRWOMAN SIMS, UH, TO, TO JOIN THE, UM, THE STRATEGIC BUSINESS DEVELOPMENT SUBCOMMITTEE BECAUSE WHAT YOU'RE TALKING ABOUT IS EXACTLY, UH, THE TYPE OF WORK THAT THAT COMMITTEE IS ENGAGED IN. SO, UH, THANK YOU SO MUCH FOR THOSE REMARKS. UM, IS THERE ANY OTHER QUESTIONS, COMMENTS, OR FEEDBACK ABOUT, UH, ANYTHING THAT WE'VE COVERED THIS EVENING? OKAY, I'M HEARING NONE. WELL, ONCE AGAIN, I WANNA WELCOME OUR, UH, NEW BOARD MEMBERS, UH, TO THE BOARD. UH, I WANNA THANK EVERYBODY FOR THEIR ATTENDANCE THIS EVENING. I THINK WE HAD PERFECT ATTENDANCE, UH, THIS EVENING. UH, I'M NOT SURE THE LAST TIME WE HAD PERFECT ATTENDANCE, BUT, UH, THAT'S WHAT IT'S GONNA TAKE FOR US TO, TO REALLY MOVE THE NEEDLE AND, AND DRIVE THINGS FORWARD THAT WE'RE TRYING TO DO. SO I WANNA THANK EVERYBODY, UH, FOR THEIR TIME AND THEIR PARTICIPATION. UH, SPEAKING OF TIME, I WANNA RESPECT EVERYBODY'S TIME. UH, SO WE WILL ENTERTAIN A MOTION TO ADJOURN AT THIS TIME. UH, SO MOVE MR. DOCK. IS THERE A SECOND? SECOND, MR. CHAIRMAN ENRIQUEZ. ALL IN FAVOR? AYE. ALL RIGHT. ANY OPPOSED? HEARING NONE. UH, THIS MEETING IS ADJOURNED AT 7:09 PM THANK YOU VERY MUCH. WE'LL SEE YOU NEXT MONTH. I. * This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting.