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[Public Facility Corporation Meeting on March 25, 2025.]
MY NAME IS KEITH POFF, PRESIDENT OF THE DALLAS PUBLIC FACILITIES CORPORATION BOARD OF DIRECTORS.I WOULD LIKE TO CALL THE MARCH 25TH, 2025 DALLAS PUBLIC FACILITY CORPORATION BOARD OF DIRECTORS MEETING TO ORDER ON TIME AT HIGH NOON.
ALRIGHT, SCOTT HANSEL PRESENT.
AND I'M SORRY, DID, UH, COULD YOU CALL DIRECTOR HANSEL'S NAME? I DID.
MOVING ON TO ITEM NUMBER THREE, PUBLIC TESTIMONY.
DO WE HAVE ANY PUBLIC COMMENTS ON ITEMS FOUR THROUGH 17? ANY PUBLIC COMMENTS ON ITEM FOUR THROUGH 17? IF YOU COULD HELP ME, UH, SAM, IT DOES NOT LOOK LIKE WE HAVE ANY ONLINE.
SEEING NO PUBLIC COMMENTS ON ITEM NUMBER THREE.
MOVING ON TO ITEM NUMBER FOUR, DISCUSSION AND APPROVAL OF THE MINUTES OF FEBRUARY 25TH, 2025.
HAS EVERYONE HAD A CHANCE TO REVIEW THE MINUTES? SO MOVED.
UH, ON THE LIST OF THE ROLL CALL FOR ATTENDANCE, WE HAVE A, A, AN ASTERISK THAT NOTES WHO MEMBERS THAT ARE PRESENT BY VIDEO CONFERENCE, BUT WE DON'T HAVE ANYONE ACTUALLY ATED LIKE THAT ON THE LIST.
UM, SO IF WE'RE GONNA HAVE THAT FOOTNOTE, I'D LIKE US TO ACTUALLY, UH, NOTE WHICH, WHICH DIRECTORS ARE, UH, ONLINE.
AND DO WE KNOW THAT FROM THE LAST MEETING, UM, WE'VE NOT AT, AT THIS TIME.
WE CAN, WE CAN MAKE SURE WE PUT THAT IN, UH, MOVING FORWARD.
ANY OTHER COMMENTS? JUST A QUESTION.
IS THAT SOMETHING NEW? UH, ESPECIALLY, UH, A DOUBLE ESTRO.
IS THAT SOMETHING NEW? NO, THAT, THAT'S ALWAYS BEEN THERE.
YEAH, THAT'S ALWAYS BEEN THERE.
BUT WE DID, WE DID NOTICE WE DID RECENTLY, UH, SOMEWHAT CHANGED THE FORMAT IN WHICH WE'VE BEEN, UM, IF I'M NOT MISTAKEN, PHILOSOPHY WORKED ON THE MINUTES, UH, TEMPLATE AND THE STANDARD REQUIRED BY THE BOARD.
YEAH, THE BOARD AND COMMISSIONS.
BUT, BUT THAT'S BEEN THERE I BELIEVE ON, ON ALL OF THEM.
WE MAKE SURE THAT AND FORTH WE NOTATE BY ONE OR TWO ASTERISK IF WE'RE GOING TO USE THOSE ATIONS.
ANY OTHER PER FURTHER COMMENTS? I SO MOVE.
SO MOVE BY DIRECTOR STINSON A SECOND BY DIRECTOR TALLIS.
ALL THOSE IN FAVOR APPROVING THE MINUTES FROM FEBRUARY 25TH.
ANY OBJECTIONS? SEEING NONE, THE MINUTES ARE APPROVED.
MOVING ON TO ITEM NUMBER FIVE, COMMUNITY ANNOUNCEMENTS.
I WOULD LIKE TO SHARE THAT TODAY, THIS MORNING MYSELF AND, UH, ALSO DIRECTOR COUNCIL AND, UH, FROM DISTRICT ONE ATTENDED THE BISHOP BRIDGE OPENING.
IT WAS, UH, IT WAS VERY NICE TO BE ABLE TO TOUR UNITS AND SEE THE PFC UM, DOLLARS AND THE D DALLAS TAXPAYERS, UH, DOLLARS IN MOTION.
UM, I SAID A COUPLE OF SENTENCES THERE AND AS A PUBLIC COMMUNITY ANNOUNCEMENT, JUST TELL YOU THESE TWO SENTENCES THAT I SAID
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TO HUNT NEIL ER AND, UH, BARRETT LINBERG OF SAVOY EQUITY PARTNERS.THE DALLAS PUBLIC FACILITIES CORPORATION IS JUST PART OF THE TEAM AND JUST ONE OF THE TOOLS THAT CAN ASSIST DEVELOPERS TO BRING MUCH NEEDED HOUSING TO THE CITY OF DALLAS AND IS IN THE FULL DIVERSE ARRAY OF A CITIZEN RATE.
I'D LIKE TO THANK AND FORWARD THANK THE FORWARD THANKING COMMUNITY LEADERS, THE DEDICATED CITY STAFF, THE DALLAS CITY COUNCIL, AND MY FELLOW BOARD MEMBERS OF THE DALLAS PUBLIC FACILITIES CORPORATION, FOR THEIR TIRELESS COMMITMENT TO BRINGING QUALITY DEVELOPMENTS LIKE THIS TO FRUITION FOR DECADES TO COME.
PEOPLE WILL CALL THIS DEVELOPMENT HOME.
IT WILL ALLOW THEM TO LIVE MORE AFFORDABLY, CLOSER TO WORK AND THEIR FAMILIES TO HELP KEEP DALLAS THE CAN-DO CITY IT IS TODAY.
AND I ALSO RECEIVED THESE, UM, BROCHURES THERE AND, UH, JUST WANTED TO READ THAT INTO THE RECORD AS PART OF THAT COMMUNITY ANNOUNCEMENT.
WE HAVE A SECOND COMMUNITY ANNOUNCEMENT, AND THAT IS TOMORROW, I THINK, UH, MOST KNOW ABOUT THIS, BUT, UH, THERE, UH, NRP IS HOLDING A GRAND OPENING OF THE ASCENT AT MOUNTAIN CREEK THAT WILL TAKE PLACE TOMORROW AT 11:00 AM AT 4 8 6 8 SOUTH MARYFIELD ROAD IN UH, DALLAS.
AND IF YOU CAN JOIN US FOR THAT, UH, PLEASE DO.
THANK THAT IS THE GLAD MY COMMUNITY ANNOUNCEMENTS.
ARE THERE ANY MORE HERE OR ONLINE? SAME.
WE'LL MOVE ON TO ITEM NUMBER SIX.
THE DPFC BOARD MEMBER SHOULD DISCLOSE ANY RELATIONSHIP A BOARD MEMBER MAY HAVE WITH THE PROJECTS TO BE CONSIDERED ON THIS AGENDA OR WITH ANY DEVELOPER, PARTICIPANT OR FINANCIAL BENEFICIARY OF THE PROJECT TO BE CONSIDERED ON THE AGENDA, EVEN IF THAT RELATIONSHIP DOES NOT RELATE TO A SPECIFIC PROJECT THE DPFC BOARD IS CONSIDERING.
MOVING ON TO ITEM NUMBER SEVEN, DISCUSSION REGARDING THE FENCING AND SECURITY FOR 9 9 9 9 TECHNOLOGY BOULEVARD, SAM.
SO WE, UH, HAD BEEN DISCUSSING POSSIBLY CHANGING THE SECURITY MEASURES, BUT WE HAVEN'T GOTTEN ANY TYPE OF FINAL CONFIRMATION FROM CODE.
WE DID HEAR BACK THAT THEY DIDN'T PASS THEIR DEMOLITION AND INSPECTION TO WHICH, UH, LDG REPLIED THAT THEY WERE CURRENTLY WORKING ON IT, GETTING THAT, UH, FIXED.
WE HAVEN'T HEARD BACK FROM THEM ABOUT THAT YET, BUT, BUT THEY NEED TO DO A FEW MORE THINGS TO GET IN FOR THE PASSING OF FULL DEMOLITION.
UM, SINCE THAT TIME WE HAVE REBOARDED UP THE WINDOWS OF THE UTILITY BUILDING THAT'S THAT'S THERE THAT THEY CANNOT DEMOLITION BECAUSE THERE'S EASEMENT TO IT, BUT DURING THE PRODUCTS WORKING THROUGH THAT.
BUT WE REBOARDED UP THOSE DOORS AND WINDOWS.
UM, ADDITIONALLY WE REMOVED OUR FENCE ON THE SAME DAY THAT THEY PUT A FENCE IN AND THAT TOOK THE LITTLE COORDINATION, BUT THEY, THEY SAID THEY COULD GET THE, UH, FENCE CHEAPER THAN THE ONE THAT WE HAD TO ORIGINALLY PROVIDE.
UH, WHEN THEY DIDN'T GET IT UP THE DAY WE ASKED THEM TO.
SO, SO THAT'S BEEN, UH, SWAPPED OUT AS WELL.
UM, AS SOON AS WE HAVE AN UPDATE FROM CODE ON AND THEY HAVE THAT DEMOLITION WON'T ALLOW JAKE TO COME BACK IN, SPEAK TO YOU GUYS ABOUT IT.
BUT AS OF RIGHT NOW, WE'RE JUST KIND OF SITTING ON THE SAME PATH AND KEEPING 24 7 SECURITY AND NOW THEY ARE OF PROPERTY.
AND JUST AS A REMINDER THAT, UM, THAT FENCE AND THE SECURITY IS BEING PAID FOR BY THE DEVELOPER.
IT'S THAT IT'S PASSED THROUGH.
AND I JUST WANNA MAKE A NOTE THAT I ACTUALLY DID GO BUY THE PROPERTY YESTERDAY.
I SAID I WANTED TO SEE FOR MYSELF THE, UM, WHAT WAS GOING ON.
AND I CAN TELL YOU THERE, UH, I WOULDN'T BE COMFORTABLE IN MY FIDUCIARY RESPONSIBILITY TO THIS BOARD ASK THAT THERE'S STILL REBAR, THERE'S PIECES OF METAL, THERE'S HUMONGOUS PIECES OF CONCRETE, AND THERE'S ALSO APARTMENTS THAT ARE RIGHT NEARBY WITH CHILDREN, YOU KNOW, SO YOU REALLY HAVE TO HAVE A FENCE.
I MEAN, I COULD IMAGINE SOME KIDS GOING OVER THERE AND TRIPPING ON THE REBAR AND ALL THAT KIND OF STUFF.
IT JUST, UNTIL THEY, UH, RAID THE PROPERTY, IN MY OPINION, UH, JUST FROM A NEIGHBORHOOD OBSERVER, RIGHT.
IT NEEDS, IT NEEDS TO BE FENCE.
I ENTIRELY NORTH HILL CODE SAYS IT'S SAFE, OR THE POLICE DEPARTMENT SAID IT'S SAFE.
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SAID IT'S SAFE.I THINK, I THINK THEY PLANNED ON KEEPING IT FENCE.
I THINK WHAT THEY WERE GOING TO TALK ABOUT WAS THE 24 HOUR, UH, 24 7 SECURITY.
UM, I, I THINK IT NEEDS TO STAY THERE.
I, I TALKED TO, SPOKE TO CHARLIE.
CHARLIE, THE SAME GENTLEMAN I SPOKE TO THE LAST TIME I WENT OUT THERE AND HE RECOGNIZED ME, SAID HE, AND IT SEEMED ME IN A LITTLE BIT AND I SAID, WELL, I WANTED HIM TO COME OUT.
AND, UH, HE, WE WALKED AROUND IT A LITTLE BIT AND, UH, NO, HE, HE SAID, WELL, YOU KNOW, PEOPLE CAN STILL JUMP THAT FENCE.
AND, UH, SO THAT IT, I DON'T, I DON'T THINK WE SHOULD HAVE ANY, I DON'T WANNA SEE A INCREASED LIABILITY ON THAT SITE BEING IN UNSECURED.
AND WE SHOULD CERTAINLY KEEP THAT IN MIND WHEN WE'RE LOOKING AT ANY OTHER DEMOLITION OPPORTUNITY IN THE FUTURE SO THAT WE CAN LEARN FROM THIS ONE.
I MENTIONED IT AT OUR LAST FLOOR MEETING AS WELL.
UM, WHERE IT'S THE BUILDING WAS ENTIRELY METAL.
SO THERE'S STILL LIKE JAGGED METAL WHERE THEY HAD TO CUT IT OFF FROM ON THESE CINDER BLOCK, NOT CINDER BLOCK, BUT CONCRETE WINDOW.
SO, SO THAT'S KIND OF ANOTHER PHASE IF THEY DIDN'T GO BACK AND CORRECT.
SO ARE, ARE THEY IN PROGRESS ON THAT? UH, I, LAST TIME I SPOKE TO THEM, THEY SAID THAT THEY WEREN'T MITIGATING WHAT, UH, CODE GOT BACK TO THEM ON.
SO THEY, UH, THE, THE TERM CODE WITH BLADE AND, UH, I THINK THAT JUST SCRIPT CORRECT.
AND, UM, AND I'M FAIRLY CERTAIN THAT THEY, UH, THAT THEY'RE GONNA GET THAT PROCESS GOING IF THEY HAVEN'T ALREADY.
I DON'T, THEY HAVE ALREADY PULLING IT.
BUT I THINK THEY'RE WORKING ON MAKING THAT HAPPEN BECAUSE THEY WANT TO RIGHT.
HOW, HOW MANY PEOPLE DO, HOW MANY SECURITY FOLKS DO WE HAVE THEIR ONE, ONE AT, ONE AT A TIME? WE GOTTA KEEP THAT.
AND, UH, AND ARMED GUARDS AND UH, YEAH, THEY'RE THERE 24 7 AND THEY BOUNCE BETWEEN THE FRONT, UH, DRIVEWAY AREA AND THE BACK PARKING LOT.
OUTTA CURIOSITY, IS THIS DELAY, UH, I ASSUME WITH THIS, WITH WHOEVER IT'S FROM, IS IT AFFECTING, WELL, HOW IS IT AFFECTING THEIR DEVELOPMENT TIMELINE? WELL, WE STILL NEED TO IRON OUT THE CBDG LOANS DOCS.
AND, AND THAT'S REALLY WHAT'S DELAYING IT AT THIS POINT.
WE, I'VE BEEN TRYING TO LOOK THAT ALONG FOR PERMIT NOW.
UM, THE CS OUTSIDE COUNSEL THAT THEY HIRED, IT'S SUPPOSED TO BE PROVIDING COMMENTS ON, UH, BASEBALL'S RECOMMENDATIONS SOON IS, IS WHAT I WAS TOLD FROM, UH, ONE OF THE HOUSING EXECUTIVES.
BUT, SO, UM, DO THEY HAVE THEIR, THEIR DEBT IN PLACE? THEY, THEY HAVE A LENDER WHO, WHO AGREED TO THE SMALLER, UM, PROJECT NOW TO, UH, FOUR 20 POINTS, I BELIEVE IS THE UNIT COUNTY.
DO THEY HAVE, UH, DO THEY HAVE THEIR EQUITY IN PLACE? YEAH, THEY HAVE EVERYTHING EXCEPT FOR THIS TERM SHEETS AND YEAH.
WE HAVE, UH, EXCHANGE THE NUMBERS ON OUR GERM SHEETS AND, UH, NO, FOR THE, FOR LDG.
FOR THE, THE DEATH AND EQUITY.
THEY, THEY STILL HAVE THAT STAFF.
THE ISSUE, UH, THIS PROJECT WAS THEY COULDN'T GET THE, THE LENDER TO DO, TO DO TWO PHASES, BUT THE RECORD EQUITY WAS STILL WILLING TO STAY IN RIGHT.
UM, AND I BELIEVE THEY ARE, UH, THEY'RE READY TO GO.
'CAUSE LAST TIME I TALKED TO JAKE ABOUT IT, UM, CLOSING THIS THING, HE WAS LIKE, YEAH, WE'RE READY WHEN YOU GUYS ARE.
SO I BELIEVE THAT MEANS SAID YES.
WHO, WHO'S THEIR COUNSEL? THE COUNSEL DISTRICT SIX.
AND THEIR LEGAL COUNSEL IS NOT WHO'S, WHO'S BEING RIGHT.
WELL, THAT'S WHAT I'M TRYING, I KIND OF SORT THROUGH WHO'S, WHO'S ULTIMATELY BLOWING THAT.
I DON'T WANNA ASSUME IT'S THE CITY.
DIDN'T, DIDN'T THEY HAVE YOU DON'T USE CDBG FUNDS TO CLOSE? THEY DID, BUT THE DOCUMENTS AREN'T,
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WELL, THEY JUST CLOSED ON THE DIRT.YEAH, THEY JUST CLOSED ON ON THE LAND.
WE DIDN'T DO A FULL PFC CLEAN, BUT WE GOT TRANSFERRED INTO OUR DAY, SO.
THEY DIDN'T DO ANY, THEY DIDN'T HAVE A CONSTRUCTION LOAN OR, YEAH, WE DIDN'T LIKE FEES.
WE, WE SPENT ENOUGH TIME ON IT.
I'LL, I'LL GET THE LEGAL AND AND I'LL EMAIL IT TO YOU.
AND THANK YOU, BY THE WAY, UM, SAM AND KEITH, UM, THANK YOU FOR GOING OUT THERE.
TRUST BUT VERIFY, UM, YOU KNOW, ON ANY OF THESE, ANY REAL ESTATE.
I MEAN, YOU JUST GOTTA, YOU GOTTA PUT EYES ON IT AT SOME POINT.
SO THANKS FOR BOTH OF YOU FOR DOING THAT.
ACTUALLY SEEING, YOU KNOW, ITEMS THAT, AND I GOT OUT OF THERE AND THOUGHT A FLAT TIRE TOO.
THANKFULLY CHARLIE TOLD ME THAT WHERE TO DRIVE YEAH.
SO I REALLY APPRECIATE HIS SERVICE.
IT'S A GOOD COMPANY THAT WE FOUND.
NO FURTHER COMMENTS ON ITEM NUMBER SEVEN.
MOVING ON TO ITEM NUMBER EIGHT, EXECUTIVE SESSION PURSUANT TO TEXAS GOVERNMENT CODE 5 5 1 0.074 PERSONNEL MATTERS TO DELIBERATE THE APPOINTMENT AND DUTIES OF CANDIDATES SELECTED BY THE DPFC STAFF HIRING COMMITTEE FOR CONSIDERATION BY THE BOARD.
UH, MOVING ON TO ITEM NUMBER NINE.
DPFC STAFF HIRING COMMITTEE COLLECTED RESUMES, DELIBERATION, AND DISCUSSION.
I, I'M NOT GONNA SAY ANYTHING THAT IS, SO I NEED TO BE OKAY.
I NEED TO RECUSE MYSELF HERE AGAIN.
I DON'T THINK IT'LL BE THAT LONG.
THERE'S A SHORTER ONE OVER THERE.
UM, WE ARE IN THE PROCESS OF COLLECTING RESUMES, UM, FOR THE POSITION OF GENERAL MANAGER.
UM, WE HOPE THAT THIS PROCESS WILL ALLOW US AT A MINIMUM TO IDENTIFY, UH, SUITABLE CANDIDATES NO LATER THAN MAY, AND START THE INTERVIEW, INTERVIEW PROCESS AND HOPEFULLY BE IN A POSITION THAT WE CAN'T EXTEND AN OFFER IN MAY DO SO IN JUNE.
BUT WHOMEVER, THE WHOMEVER THE CANDIDATE IS THAT'S RECOMMENDED BY THE BOARD, UH, I'M SORRY, RECOMMENDED BY THE COMMITTEE, WILL BE BROUGHT BEFORE THE BOARD BEFORE A FORMAL OFFER IS EXTENDED.
AND MOVING ON TO, ON NUMBER 10.
IT LOOKS LIKE THIS LOOKS LIKE THE PLACE WHERE THE, WHERE TECHNICALLY RECONVENE.
UM, AND ANY ACTION, IF THERE'S A FINAL ACTION ON ANYTHING THAT WAS DISCUSSED IN THIS CLOSED SESSION, IT WILL NEED TO BE EFFECTUATED AND OPENSHIFT.
SO DIRECTOR TEIS JUST MENTIONED IN NU AS NUMBER NINE IS TECHNICALLY ITEM NUMBER 10.
WE REVERSED HERE NOW TO RECONVENE.
DO WE, UH, DO I NEED TO SAY I'M RECONVENING? YES.
STATE THE TIME AND THAT YOU'RE RECONVENING.
UH, KEITH AL, PRESIDENT, THE DALLAS PUBLIC FACILITY IS CORPORATION ON FEBRUARY 25TH, 2025 AT 1 0 6, UH, PM I AM RECONVENING THIS MEETING.
I WAS LOOKING AT THE FEBRUARY CALENDAR.
MOVING ON TO ITEM NUMBER 11, DISCUSSION AND PROVIDING FEEDBACK IN CONNECTION WITH PROPOSED CHANGES TO POLICY, OPERATIONS AND BYLAWS FOR THE DALLAS PUBLIC FACILITIES CORPORATION AS PRESENTED BY HOUSING AND COMMUNITY DEVELOPMENT STAFF AT THE HOUSING AND HOMELESSNESS SOLUTIONS COMMITTEE.
SPECIAL MEETING CALLED, HELD ON JANUARY 28TH, 2025.
UM, I'D LIKE TO BRIEFLY, UH, GO OVER, PARDON? OH, I'M SORRY.
THE, WHENEVER WE, UH, HAD MET, I, I HAD MET WITH, UH, MEMBERS OF THE CITY ATTORNEY'S OFFICE, OUR COUNCIL, UH, BRACEWELL
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AND, UM, CHAIR OF THE HHS COMMITTEE MARINO.WE PUT TOGETHER A SCHEDULE TO DISCUSS THESE CHANGES AND THE, UH, POLICY, OPERATION AND BYLAWS FOR THE DPFC.
AND WE CAME UP WITH THE FOLLOWING SCHEDULE.
WE WOULD CIRCULATE A DRAFT TO THE PFC OF THE PROPOSED A RESPONSE DRAFT OF THE PROPOSED CHANGES AT THIS MEETING TODAY.
UH, ALL THE MEMBERS HAVE THOSE, UH, THOUGHTS AND RECOMMENDATIONS BEFORE THEM.
THE NEXT STEP, AS REQUESTED BY COUNCIL MEMBER MORENO, WERE TO HAVE OUR THOUGHTS BACK TO HIM AS CHAIRMAN OF THE HHS COMMITTEE BY MARCH 31ST.
SO THE IDEA TODAY IS TO SEND, THE PURPOSE OF THAT WOULD BE SO CITY STAFF COULD HAVE A CHANCE TO REVIEW OUR THOUGHTS BEFORE WE RECONVENE AT A FOLLOW-UP MEETING.
A DATE WAS NOT SPECIFIED TOWARDS THE END OF APRIL, 1ST OF MAY.
THAT MEETING WAS SUGGESTED TO BE SORT OF A TYPE OF RETREAT OFFITE OF CITY HALL, UH, NOT FOR OTHER REASON THAT THEY COULD BE IN A SOMEWHAT OF A CASUAL ENVIRONMENT WITH MEMBERS OF CITY STAFF, CITY ATTORNEY'S OFFICE.
OUR COUNCIL AND OUR FULL BOARD AVAILABLE FOR THIS FINAL, FOR A FINAL DISCUSSION AND ACTION ON THE CHANGES THIS WAY WILL GIVE THE BOARD PLENTY OF TIME TO FULLY DIGEST WHAT THESE CHANGES ARE, AND ALSO GIVE THE CITY STAFF AND THE CITY ATTORNEY'S OFFICE A CHANCE TO REVIEW THEM AS WELL.
AND, UH, UH, SUGGEST BACK TO US ITEMS IN A WAY WE CAN COLLABORATE AND WORK TOGETHER, UH, TO GET THESE BYLAWS PASSED BY BOTH THIS BOARD AND THEN AFTERWARDS BY THE CITY COUNCIL.
UH, SO THE, THAT, THAT WAS OUR PROPOSED TIMELINE.
I UNDERSTAND THAT YESTERDAY, THE A KHS COMMITTEE, IT, IT WAS ASKED THAT WE COME BACK TO IN APRIL.
UM, THAT DOES NOT EXACTLY FOLLOW WITH WHAT WE PREVIOUSLY DISCUSSED.
AND SO MY RECOMMENDATION WOULD BE, WELL, WE CAN CERTAINLY GIVE AN UPDATE IF NEEDED AT THAT MEETING.
BUT THE CURRENT PLAN THAT WE HAD AGREED TO WOULD BE THAT WE WOULD HAVE A FULL FORUM OF COLLABORATION AND COMMUNICATION AMONG ALL THE PARTIES IN AN OPEN DISCUSSION.
AND THAT OPEN DISCUSSION WOULD TAKE PLACE END OF APRIL, 1ST OF MAY.
THAT DATE WILL BE DETERMINED, AND I'LL, I'LL GET WITH SAM.
STAFF WILL PUT OUT A FEW DATES.
UM, ONE OF OUR BOARD MEMBERS, UH, I DON'T, Y'ALL WERE, FOR THOSE OF YOU HAVE BEEN ON THE BOARD, WE HAD A, A NICE OFFSITE RETREAT AT A HOTEL OVER ON STEMMONS.
I'M THINKING, THINKING IT MIGHT BE A, A SIMILAR SETUP TO THAT, UM, WHERE WE CAN HAVE A, A GOOD ROUND TABLE DISCUSSION ON THIS AS TEAM MEMBERS AND AS COLLABORATIVE MEMBERS TO HELP THE CITIZENS OF DALLAS AND OUR QUEST FOR AFFORDABLE HOUSING.
ALL THAT BEING SAID, THIS IS A, A LENGTHY PROCESS.
UM, SO THE NEXT STEP AFTER WE HAVE THIS DISCUSSION TODAY WOULD BE FOR US TO LOOK AT THESE NOTES, APPROVE THEM, MARK OUT AS NEEDED, AND THEN SEND THESE NOTES FORWARD TO THE CHAIR OF THE HHS COMMITTEE, UH, AS REQUESTED BY THAT CHAIR.
SO THEY WILL HAVE TIME TO REVIEW THEM WITH STAFF, WITH THE CEO'S OFFICE.
AND THEN WE'LL GO, LIKE I SAID, TO A, TO OF THE RETREAT, UM, THE DAY OF THE RETREAT, I WAS, I MIGHT PULL OUT A FEW DATES, SEND THIS IN.
I'M THINKING IT MIGHT BE MORE CONVENIENT, UH,
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FOR THOSE HAVE WORK TO PERHAPS BE ON A SATURDAY MORNING.WE'LL JUST HAVE TO SEE HOW SCHEDULES WORK OUT.
BUT WE'LL DO, WE'LL SEND OUT A, BASICALLY A POLL AND, UH, SEE WHICH OF THESE THREE OR FOUR DAYS, EITHER WEEKDAY OR WEEKEND OR WHATEVER IS MOST AGREEABLE TO THE MAJORITY HONOR, WE'LL WORK WITH YOU AFTER THIS MEETING, JUDGE SOME DATES.
WE CAN SEND THEM OUT TO THE POLL, UH, TO THE BOARD POLL BOARD FOR THEIR, UH, POLLING ON
SO, I KNOW THIS IS, UH, THIS MIGHT SEEM TEDIOUS, BUT THIS IS THE WAY WE HAVE BEEN IN A PUBLIC FORUM, BUT THIS IS THE WAY WE'VE BEEN ASKED TO DO THIS.
AND SO I'M, WE ARE MORE THAN HAPPY TO COMPLY.
COULD I MAKE A COMMENT? YES, SIR.
DIRECTOR TALLIS RELATES TO CONTEXT.
UM, THAT WE WERE CREATED BY LEGISLATURE, AND THE STATE CREATED US FOR THE PURPOSE OF FILLING A GAP, UH, WHERE MULTI-FAMILY PROJECTS COULD NOT BE DONE BECAUSE OF LACK OF FINANCIAL FEASIBILITY.
WE WERE CREATED TO BE AN INDEPENDENT ORGANIZATION THAT IS THE LEGISLATIVE INTENT.
AND YET WE SIT HERE AS A BOARD WITH FIDUCIARY RESPONSIBILITIES TO THIS ENTITY.
AND WE HAVE A, WE HAVE A DEPARTMENT WITHIN THE CITY TELLING US HOW OUR BYLAWS SHOULD, SHOULD BE CHANGED PERSONALLY, AND I WANNA GO ON THE RECORD.
I FIND THAT OBJECTIONABLE, I FIND IT UNPROFESSIONAL, AND I FIND IT UNNECESSARY.
AND THE CITY ATTORNEY'S OFFICE KEEPS TELLING US WHAT WE CAN'T DO.
BUT MAYBE THE CITY ATTORNEY'S OFFICE NEEDS TO TAKE A LOOK AT HER CHARTER ORGANIZATIONAL DOCUMENTS AND SAY, WAIT A MINUTE, YOU GUYS CAN'T DO IT THIS WAY.
IF YOU WANT TO CHANGE BYLAWS, SIT DOWN WITH THE BOARD AND LET'S HAVE A HEALTHY DISCUSSION.
SO, IT'S MY UNDERSTANDING THAT ALL BOARD MEMBERS, WE HAVE, UH, ITEMS, THIS IS ON PAGE, UH, 3 2 18 OF THE MEMO.
AND I'D LIKE TO KEEP IN MIND THAT WHENEVER WE PRESENT THESE TO, UH, THE CHAIR OF THE HHS BY FRIDAY, THIS IS, AND I WANT EMPHASIZE, AND IT WILL BE EMPHASIZED IN THE MEMO SENT, THAT THIS IS JUST A DRAFT.
UM, AND I, I STATE THAT BECAUSE I DON'T WANT IT TO BE MISCONSTRUED, UH, YOU KNOW, AT A FUTURE MEETING OF HHS THAT THESE ARE APPROVED, BECAUSE WE HAVE YET TO HAVE, YOU KNOW, THE FULL OPEN DISCUSSION AND COLLABORATIVE DISCUSSION WITH, WITH ALL PARTIES INVOLVED.
SO, UH, WE COULD TAKE THIS ITEM BY ITEM.
I'M OPEN TO THE FLOOR, IF WE WOULD LIKE TO ACCEPT THE NOTES AS GIVEN FOR THE FIRST PRESENTATION AS A DRAFT, THE CHAIR OF THE HHS, OR IF YOU SEE AMENDMENTS OR CHANGES YOU WOULD LIKE TO MAKE IN THESE RESPONSES, UM, WE CAN TAKE THOSE.
I WOULD PERSONALLY LIKE TO SEE A PREFERENCE TO THESE RESPONSES INDICATING THAT THE ACTIONS THAT THEY'RE TAKING ARE INCONSISTENT WITH OUR ORGANIZATIONAL DOCUMENTS.
THIS BOARD SHOULD HAVE BEEN CONSULTED INITIALLY IF THEY WANNA MAKE CHANGES.
THAT'S CUR PURE COMMON COURTESY.
DO YOU HAVE THAT DULY NOTED, SAM? I DO.
AND I BELIEVE IT'S IN THERE ON, ON A COUPLE, COUPLE.
I, THAT'S WHAT I, I BELIEVE IT'S WORDED.
IT IS PERHAPS IN A DIFFERENT WAY.
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COMMENTS OR SUGGESTIONS? THESE ARE QUITE THOROUGH.AND I, WHAT WAS THE, UM, WHAT WAS THE FRIDAY DATE BEFORE? UM, THAT WAS THE DATE THAT THE CHAIR OF THE HHS ASKED FOR OUR THOUGHTS.
ON THE PROPOSAL MADE BY STAFF.
OUR INITIAL THOUGHTS OR, UH, IN HERE, IN THE DOCUMENT THAT WE ALL RECEIVED.
AND SO NOW IF WE AGREE WITH THOSE THOUGHTS, THIS INITIAL THOUGHTS, WE'LL SEND IT TO THE NEXT STEP, WHICH WOULD BE BACK TO THE CHAIR OF HHS.
AND AFTER THAT, WE WILL SET UP A DATE FOR FURTHER REVIEW.
THIS IS NOT THE FINAL, THIS IS NOT THE FINAL STEP IN THIS, EXCUSE ME.
I JUST LIKE TO SAY, I THINK THIS IS EXTREMELY WELL DONE AND EXTREMELY THOROUGH AND EXTREMELY RESPONSIBLE.
BUT AGAIN, THE OVERRIDING ISSUE IS WHY ARE YOU DOING THIS? I WOULD SAY AT SOME POINT WE GET BACK TO THE BYLAWS THEMSELVES, AND IT SOUNDS LIKE WE'RE DOING ALL THIS FIRST JUST TO WHERE YOU'RE GOING FROM WHERE, WHERE WE'RE COMING FROM.
BUT THEN WE GET, WE GET REVISE THE BYLAWS IN OCTOBER OR SOMETHING LIKE THAT.
AND IT SEEMS LIKE WE CAN'T PLEASE VOTE ON THAT.
OR AT LEAST FOR APPEARANCES SAKE, MAYBE MORE THAN ANYTHING ELSE.
UH, WE CAN'T, WE'RE WAITING TO MAKE THOSE BYLAW CHANGES FINAL BECAUSE WE'RE DOING THIS EXERCISE.
THAT WAS ACTUALLY VERY WELL DONE.
I REALLY DON'T HAVE ANY COMMENTS, UH, TO IT, BUT I'M JUST, AGAIN, WHEN DO WE ACTUALLY ADOPT OR FORMALLY ADOPT THE REVISED BYLAWS? SO WE BROUGHT KIND OF HARD TO DEATH, UM, ON THAT.
WE, BECAUSE, UH, CITY STAFF WAS WORKING ON REVISING THE, THE BYLAWS AND, AND COMING UP WITH THESE POLICY CHANGES, WE WERE UNABLE TO GET THAT, UH, THE BYLAWS NOTE THAT YOU GUYS VOTED DAWN IN FRONT OF COUNSEL TO RATIFY SAFETY.
I THINK I, I MIGHT LIKE TO PUT, UM, THOSE ANNOTATED BYLAWS, THE ONES THAT WE DID, AND VOTED AND APPROVE AS AN ATTACHMENT TO THIS MEMO.
HOW WOULD YOU FEEL ABOUT THAT? DEFINITELY.
THAT WAY WE KIND OF SAY WE, WE, WE'VE ALREADY TAKEN THIS ON, BY THE WAY.
AND, UH, AND HAVEN'T GOTTEN ANY FEEDBACK ON IT.
WE'VE HAD BYLAWS SITTING OUT THERE FOR SIX MONTHS FEEDBACK.
WELL, THIS IS A DISCUSSION, PROVIDING FEEDBACK AND IT'S NOT AN ACTION ITEM.
BUT AS A DISCUSSION, I BELIEVE WE ARE IN ORDER TO, UH, TO DO JUST THAT.
BUT, BUT MADE A NOTE AND I'LL CHECK WITH YOU, KEN, TO MAKE SURE THAT IT'S A FINAL COPY.
WELL, I'LL CHECK WITH SOMEONE.
WELL, LIKE I SAID, THIS ISN'T AN ACTION ITEM.
SO, UH, HANNAH, TO MAKE SURE, AND SINCE IT'S NOT AN ACTION ITEM, WE'RE JUST DISCUSSING IT IN A, UH, THE GENERAL CONSENSUS IS THAT WE'RE, WE'LL SEND THESE.
WELL, ALAN WANTED TO MAKE A COUPLE NOTES.
AND, UH, YOU SAID THAT YOU WOULD WORKED WITH ME ON, UH, BUT BE MY PLEASURE.
TO INSERT THE NOTES FROM, UH, DIRECTOR CALLIS, I INSERTED THEM, BUT I WANT TO MAKE SURE WE GO THROUGH AND, AND FINE TUNE.
UH, TO GET IT PRETTY MUCH READY.
BUT THERE SHOULDN'T BE MAJOR CHANGES.
UM, MAYBE SUMMER MIGHT HAVE SOMETHING TO WEIGH IN ON, ON, ON THESE AS WELL.
THERE MIGHT BE LEGISLATIVE, UH, NOTES THAT SHE CAN DRAW IN THAT SHE THINK WOULD MAKE, MAKE OUR POINTS.
I KNOW SHE'S IN A LEGISLATIVE SESSION RIGHT NOW, UM, BUT WE CAN WORK WITH HER AS WELL OUT.
AND, AND WHEN THESE ARE SENT, UH, AS THE HHS CHAIR REQUESTED TO HIS OFFICE BY MARCH 31ST, UH, PLEASE KEEP THE, UH, THE DRAFT WATERMARK ON THE PAGE.
OR YOU CAN ALSO INCLUDE A COPY
[00:35:01]
OF THIS, UH, AGENDA TO SHOW THAT IT WAS NOT A, A VOTING ITEM.YOU CAN REFERENCE ITEM NUMBER 11, DISCUSSION AND PROVIDING FEEDBACK.
HAVE ANY FURTHER COMMENTS? I DON'T HAVE MY WEBEX ON, SO I CAN'T SEE FROM THE, ARE THERE ANY HANDS UP ONLINE? NO.
WE'LL MOVE ON TO ITEM NUMBER 12, APPOINTMENTS OF NEW BOARD MEMBERS TO COMMITTEES.
CURRENTLY WE HAVE ON THE FINANCE COMMITTEE, UH, DIRECTOR, CALLAS, CHAIR, DIRECTOR HOLMES, VICE CHAIR, DIRECTOR, HANSEL, AND DIRECTOR TOLEDO.
WE HAVE ONE VACANCY, THE GOVERNANCE COMMITTEE.
WE HAVE DIRECTOR MONTGOMERY, CHAIR, DIRECTOR KO, VICE CHAIR, DIRECTOR STINSON, AND DIRECTOR HANSEL.
AND ONE VACANCY COMMUNITY OUTREACH.
WE HAVE DIRECTOR WINTERS, CHAIR, DIRECTOR, STONE VICE CHAIR, AND DIRECTOR HOLMES.
AT THIS TIME, WE HAVE A, UH, FIVE MEMBERS, UH, THAT COMMITTEE IS FULL.
UH, JUST SOME OF THE, IS THERE AN INTEREST IN THE NEW MEMBERS TO SERVE ON THE GOVERNANCE, COMMUNITY OUTREACH OR FINANCE COMMITTEES? YEAH, I'D LIKE TO SERVE ON ONE OF 'EM.
I'M NOT, I'M NOT SURE YET, WHICH.
WE, WE CAN TAKE THAT UP AT THE NEXT MEETING.
AND IF YOU HAVE ANY QUESTIONS ABOUT EACH OF THE COMMITTEES.
ON ITEM NUMBER 12, THERE, THERE'S A LIST OF THE CHAIRS.
YOU'RE FREE TO EMAIL THE CHAIRS AND, UH, SEE IF IT'S A GOOD FIT FOR YOU.
AND THEN, UH, NEXT MONTH WE CAN MAKE THE APPOINTMENT.
FEEL FREE TO TOUCH BASE WITH ME AS WELL ABOUT THE PROJECTS AND, AND, UH, THINGS THAT HAS TAKEN ON AS FAR TO GET YOUR INTEREST ON, ON THEM.
AND YOU CAN RECONVENE ON THAT, LEAVE THAT ON THE AGENDA FOR NEXT TIME.
APPRECIATE IF YOU NEED EMAIL ADDRESSES OF ANY OF THIS COMMITTEE FACTORS, I CAN GET YOU THOSE AS WELL.
I JUST WANNA MAKE SURE I'M, YOU KNOW.
UH, DIRECTOR MARSHALL, UH, BY THE SAME SIGN, IF YOU HAVE AN INTEREST IN SERVING ON ONE OF THESE COMMITTEES, UH, PLEASE DISCUSS WITH THE, MYSELF OR THE COMMITTEE CHAIR AS LISTED IN THE, UM, AGENDA.
AND, UH, NEXT MONTH WE'LL MOVE TOWARDS, UH, APPOINTMENTS.
BUT I, I WOULD LIKE IT TO BE FOR INTEREST THAT YOU HAVE AND NOT ONE THAT'S, YOU KNOW, DIRECTED BY THE CHAIR.
MOVING ON TO ITEM NUMBER 13, DPFC ON PROPERTY MONITORING PROCEDURES, BRIEFING AND DISCUSSION, SAM.
AS WE DISCUSSED, THE FINANCE COMMITTEE WORKED ON A COUPLE RFPS FOR CONSTRUCTION, UH, MONITORING AND FOR, UH, PROPERTY MONITORING FOR THE
SO YOU HAVE BOTH OF THOSE RFPS IN FRONT OF, OF YOU DOWN.
UM, ALAN WANTED TO SHARE OF THAT COMMITTEE, WANTED TO PUT THEM IN FRONT OF YOU GUYS, MAKE FOR, UH, THE SCOPE OF WORK.
IN BOTH OF THOSE RFPS COVERED EVERYTHING THAT YOU GUYS THOUGHT WE NEEDED TO, OR IF, UH, YOU GUYS THOUGHT SOMETHING WAS DUPLICATIVE.
UH, WE JUST WANTED TO KIND OF GAUGE EVERYONE'S, UM, YOU KNOW, THOUGHTS ON THIS BEFORE WE PUT THEM OUT.
THE DATES ON THERE ARE OBVIOUSLY GONNA NEED TO BE CHANGED, UM, FROM WHEN WE DRAFTED THEM.
BUT, UH, BUT ANY THOUGHTS THAT YOU GOT TO MY CHAIR AND I'LL TURN IT OVER TO ALAN FOR, IF THIS IS THOUGHTS, JUST LIKE ROUND TWO, UM, IF WE HAD AN INITIAL DRAFT AND THUS REMOVING CERTAIN THINGS AS BEING EITHER DUPLICATIVE
[00:40:01]
OR FULLY, NOT NECESSARILY FROM THE STANDPOINT OF PROTECTING THE, THESO FROM MY STANDPOINT, I'M PLEASED WITH, WITH THE RFPS AND ALONG THE SAME LINE OF THE RFP.
UM, THERE WAS AN INQUIRY MADE, UH, BY SENIOR STAFF ABOUT A PROPERTY AT, UH, 41 50 INDEPENDENCE, WHICH I BELIEVE IS IN DISTRICT THREE.
IT'S, IT IS, IT'S WOULD THE BEST.
IT SEEMS TO ME THAT THE BEST WAY TO, UH, ADDRESS, UH, THE POSSIBILITY OF THAT BEING A-A-P-F-C DEAL OR AN HFC DEAL WOULD BE FOR THE WHO EVER CORPORATION IS INTERESTED IN THAT, TO SEND OUT AN, THEY SEND OUT AN RFP FOR THAT, OR HOW, HOW IS THE CITY, HOW IS THE, THE SENIOR STAFF WISH TO WORK AT ON THAT? WELL, WE WOULD, UH, ASK US TO PUT OUT AN RFP ON THAT, ON THAT PROPERTY TO GAUGE, UH, INTEREST.
WE DELIBERATE HERE ON HOW WE APPROACH IT.
UM, AND SUMMER WOULD PROBABLY BE INTEGRAL IN THAT.
I'M NOT SURE IF SHE'S ON YET, BUT, UM, AS OUR TRADITIONAL WORKFORCE HAS PROJECT, IT, IT DOESN'T REALLY FIT THE MOLD.
UM, HOWEVER, THERE'S A LOT OF WAYS WE COULD APPROACH IT.
KEN WAS INVOLVED IN THESE CONVERSATIONS.
WELL, AND I WAS INVOLVED IN THE, IN THE PROPERTY BEFORE WE EVER, EVER BECAME THOUGHT TO BE A PFC.
UM, SO I, I, I'LL, I'LL GIVE A LITTLE BACKGROUND ABOUT IT.
THE CITY SEVERAL YEARS AGO BOUGHT, UM, THIS IS, IT'S AN OLD MOTEL, CORRECT? CORRECT.
IT'S IN A CONCENTRATED AREA OF, UH, MULTIFAMILY, UM, DIRECTLY ADJACENT TO 20, UM, TO THE SOUTH.
AND, UM, IT IS BARELY IN DOUBTS ACROSS 20TH DUNCANVILLE THE CITY THROUGH ARPA FUNDS, I BELIEVE.
AND, UM, HOUSING AND HOMELESSNESS, UM, OR THROUGH THE, THE HOMELESS, UM, GROUP, DEPARTMENT APARTMENT, RENOVATED THE COMMON AREAS.
SO THE COMMON, I'VE DONE A TOUR OF IT.
UM, THEY RENO, THEY COMPLETELY RENOVATED COMMON AREAS.
THEY'RE BRAND NEW, NEW FURNITURE, THE WHOLE NINE YARD.
THERE'S NO RENOVATION THAT HAS BEEN DONE ON THE UNITS THEMSELVES.
UM, AND SO IT HAS SINCE BEEN, UM, WELL, IT'S SINCE LANGUISHED AND, UM, CLEARLY, UM, THE CITY DEPARTMENTS CAN'T, THEY'VE ISSUED MULTIPLE RFPS.
UM, THEY'VE RECEIVED RFPS BACK, UH, THE LAST ONE THEY DID, I DON'T THINK THEY GOT ANY RIGHT.
SO THE FIRST ONE, THERE WERE THREE.
UM, SO RIGHT NOW THE CONVERSATION IS REALLY HOW DO WE, HOW DO WE FIX IT? WHAT, WHAT CAN WE DO? 'CAUSE THE CITY CAN'T DO IT.
SO CAN THE HFC OR THE PFC STEP IN? I THINK IT'S, YOU KNOW, AND I, I'M WILLING TO HAVE THE CONVERSATION.
AND SO I HAD A FRIEND THAT WAS, UH, TEXTED ME ABOUT IT, UM, EARLIER AND, AND HAVE A CONVERSATION WITH COUNCIL GRACIE ABOUT IT MM-HMM
UM, AND, AND SEE WHAT, SEE HOW HE MIGHT, UM, WANNA DO IT.
UM, BUT I PERSONALLY HAD ZERO INTEREST IN THE CITY DUMPING A PROPERTY ON THE PFC.
SOUNDS LIKE IT NEEDS TO HOLD US.
UM, WE DON ONLY HAVE SOMEONE HERE WITH BROWN LOG, DISTRICT THREE.
DIRECTOR BROWN, UH, STACY MARSHALL, DIRECTOR THREE.
NO, HE'S, HE ONLINE? HE'S, HE'S ON PROPERTY.
HE'S IN THE COLE CONFERENCE ROOM.
I DON'T KNOW WHETHER HE WANTS TO HAVE A YEAH.
STACY, YOU WANNA CHIME IN ON THAT DEAL? ALSO HAVE COMMENTS, UH, ON IT.
AND, UH, HE'D LIKE, YOU'RE MUTED BY THE WAY.
I'LL LET HIM GO FIRST, BUT I'VE GOT A LOT OF COMMENTS.
THIS PARTICULAR PROBLEM, DIRECTOR MARSHALL, NOW, I, I BROUGHT UP THIS IN, IN UNDER THE AGENDA ITEM, UH, REFERENCING, UM, 13, ITEM NUMBER 13 AS A QUESTION.
[00:45:02]
I WANNA MAKE SURE I'M, ARE WE, CAN I CONTINUE THE, THE DIS YES.LET'S CONTINUE THE DISCUSSION.
UM, UH, DIRECTOR MARSHALL, UH, DO YOU HAVE ANY INPUT ON THIS? AND, UH, AS FAR AS US ADDING THIS AS A, UH, UH, RFQ, YOU TO UNMUTE HIM.
OH, CAN YOU UNMUTE HIM? STACY, CAN YOU HEAR US? HE SENT THE REQUEST.
OH, REASON WHY I ASKED SOME OF THIS, UH, ITEM IS THAT, UH, UH, SENIOR HOUSING STAFF HAD SENT AN INQUIRY TO ME ASKING, UM, IF THE PFC OR HSC WOULD LIKE TO, UH, LOOK INTO THIS.
I WAS IN THE IMPRESSION THAT COUNCILMAN GRACIE WANTED THE HFC OR THE PFC.
IT WAS, IT WAS HIS, THAT'S WHY I JUMPED ON THAT CALL WITH YOU, BECAUSE I THOUGHT WE WERE GONNA CHAT THROUGH IT.
SEE WHAT, THAT'S WHAT I WAS CALLING.
WHAT MIGHT BE SOME POSSIBILITIES? WELL, I MEAN, UH, IS THIS A SUBJECT THAT WE SHOULD MAKE A, UH, A FUTURE AGENDA ITEM BY ITSELF? SURE.
UH, DIRECTOR MARSHALL, WILL, WILL THAT GIVE YOU TIME TO, UH, LOOK INTO IT AND ASK, UH, UH, COUNCILMAN GRACIE ABOUT IT? HE'S STILL MUTED.
STACY, CAN YOU HEAR US? YOU'RE MUTED.
SO ANYBODY COME OFF MUTE? HE'S NOT ABLE TO.
DID HE SAY ANYTHING IN THE CHAT? HE, YEAH, HE'S WAVING.
SO IS IT ON, MAYBE CALL IN DIRECTOR MARSHALL OFF OF YOUR PHONE IF YOU HAVE A LINK TO IT, TO IT OFF YOUR PHONE.
IF HE'S SPEAKING, I CAN SEE HIM.
YEAH, HE NEEDS TO CONNECT TO A DIFFERENT SOURCE.
UM, YOU KNOW, A DIFFERENT WAY IN.
BUT YEAH, I THINK IT WOULD BE GOOD TO, TO HEAR HIS THOUGHTS.
THE ONLY, AFTER LOOKING AT THE NUMBERS, WHICH I, I SENT TO YOU, KEN, UH, FROM, FROM PREVIOUS PROPOSALS, I MEAN, THIS IS GONNA NEED TO BE MOST LIKELY TAX CREDIT PROJECT FOR AN ESSENTIAL FUNCTION BONDS PROJECT, THE CITY PURCHASE THIS PROJECT.
AND ORIGINALLY THE, WELL, THAT'S WHEN THE APARTMENT HOUSE, THIS HAS BEEN A, UH, THIS HAS BEEN A, UH, COMPLETE, UH, MESS UP, IF YOU WILL HANG UP,
THIS HAS BEEN A, UH, THIS HAS BEEN A, A BOND WITHIN, UH, DISTRICT THREE, WHICH I LIVED IN.
BUT COMMUNITIES HAVE, HAVE, UH, BEEN AGAINST NOT ONLY THIS PROJECT, BUT ANOTHER 1 29, 29 HAMPTON.
BUT, UM, KEN ALSO, WHERE THIS IS LOCATED ON INDEPENDENCE DRIVE, YOU HAVE, UH, APPROXIMATELY FOUR TO FIVE OTHER HOTEL.
I SEPARATE THAT BY AN ASTERISK IN THE MIDDLE.
AND YOU HAVE A LOT OF, UH, ANCY, HOMELESSNESS AND JUST GENERAL, UH, PEOPLE HANGING OUT AND DOING WHATEVER.
AND IT IS, I'D SAY, WITHIN A, UH, QUARTER MILE OR LESS OF BURG MALL, WHICH, UH, THE COMMUNITY HAS STRUGGLED TO MAKE SURE IS A VIABLE, OH, THERE IS, IS IT VISIBLE? IS A, UH, THAT'S, THERE IS.
CAN WE HEAR HIM? CAN YOU HEAR ME NOW? YOU HEAR ME? YES.
UH, WITH THAT, UM, IN OUR PARTICULAR AREA, UH, DISTRICT THREE, JUST SPEAKING AS A MEMBER,
AS OF YESTERDAY, WHAT I STILL HEARD FROM THE HOUSING AND HOMELESS SOLUTIONS COMMITTEE IS THAT STILL NO CONTRACTORS ARE WILLING TO WORK ON THIS PERIOD.
AND, UH, AND COUNCIL MEETINGS AND OTHER HOMELESS, UH, SOLUTIONS MEETINGS.
THE DISTRICT THREE, UH, RESIDENTS FEEL THAT WE HAVE ENOUGH, NUMBER ONE, LIE TECH, ENOUGH MULTI-FAMILY.
BUT DISTRICT THREE ALSO FEELS THEY'VE DONE THEIR PART WITH THE, UH, SUPPORTIVE HOUSING.
[00:50:01]
SO THIS IS ONE WHICH WAS DONE FIRST, AND THEN ANOTHER ONE, AS I MENTIONED EARLIER ON HAMPTON, WHICH IS BEING PROPOSED THAT IS ALSO HEAVILY, UH, HAS SOME HEAVY OPPOSITION AGAINST IT.UH, WITH THIS, AT LEAST, I'M JUST SAYING FOR THE COMMITTEE, UH, NOW IT SEEMS LIKE HOUSING WANTS US TO DO FAVOR
BECAUSE NOBODY ELSE, IT SEEMS, WANTS TO TAKE THIS PARTICULAR PROPERTY UP, UH, FINISH IT OUT AND REDO IT.
OF COURSE, IT'S ALREADY BEEN BOUGHT.
UH, ALSO THE PROBLEMS THAT ARE ALREADY THERE, THE, UH, COMMUNITY FIELDS AND NOW YOUR, YOUR, UH, POURING MORE FUEL ON FIRE AS TO, UH, WHAT IS THERE.
UH, YOU HAVE PLENTY OF MENTAL HEALTH ILLNESSES, WHICH ARE VISIBLE WITH, UH, PEOPLE PUSHING THEIR CARTS FULL OF TRASH CLOTHES AND JUST SLEEPING ON THE STREETS UP IN THESE AREAS.
UH, NOT TO MENTION WHAT I HAVE PERSONALLY OBSERVED IS, UH, POSSIBLE, UH, ILLICIT DEALINGS AND, UH, CERTAIN TRADE TRAFFICS GOING ON.
SO I WOULD JUST, UH, UH, I, I OFFER THAT FOR THE COMMITTEE, FOR THE, UH, PFC TO KNOW THE BOARD HERE AS TO SOME OF THE OTHER RAMIFICATION OF ISSUES THAT, UH, WOULD HAVE TO BE ADDRESSED.
AND I WOULD ENCOURAGE, UH, ALL OF YOU, UH, AT LEAST TO VISIT, IF THIS IS GOING TO BE SOME SERIOUS CONSIDERATION TO DO THE HOUSING DEPARTMENT OF, BECAUSE THERE MAY BE MORE, UH, NEGATIVE, UH, FEEDBACK FROM THE COMMUNITY AND OTHERS, UH, CONCERNING THIS, UH, PROJECT.
SO WE ALSO GOVERNMENT ON TO ANSWER QUESTIONS, UM, IF, IF NEEDED.
HE ALSO WANTED TO, UH, CLARIFY.
STACY WANTED TO, OH, STACY, FIRST UP.
WE'LL, WE'LL LET STACY GO FIRST AND THEN HAVE DARWIN ON.
AND YES, WE HAVE ANY QUESTIONS FOR DARWIN? YEAH, AND JUST TO, JUST A REMINDER, THIS IS, THIS REMAINS IS UNDER DISCUSSION ON NUMBER 13 UNDER, UM, A REQUEST.
UH, MY, MY INITIAL, UH, QUESTION THAT I RECEIVED, UH, ABOUT A REQUEST FOR PROPOSAL.
POSSIBILITY, UH, DIRECTED FROM, UH, STAFF AT THE CITY.
UH, MR. MARK, DIRECTOR MARSHALL.
SO I DIDN'T HEAR ALL THE COMMENTS.
MY, I DON'T KNOW WHAT'S GOING ON WITH TECHNOLOGY, BUT THIS HAS BEEN A CHALLENGE, A CHALLENGING PROJECT, UM, FOR US IN DISTRICT THREE.
UM, ONE THAT WAS BASICALLY GIVEN TO COUNCIL MEMBER GRACIE, TO TRY TO RESOLVE.
UM, I WOULD LIKE TO REVISIT WITH THE COUNCILMAN, UM, AND ALSO WITH MEMBERS OF THE HOUSING DEPARTMENT ON THIS SO THAT THEY CAN MAKE A FEW RECOMMENDATIONS.
UM, I DON'T KNOW IF THE FORMER DIRECTOR HAD SHARED SOME OF THE CHALLENGES WE HAVE IN THAT AREA RIGHT NOW WITH HOMELESSNESS AND OTHER ITEMS THAT ARE GOING ON.
AND TO BRING ANOTHER PROJECT LIKE THAT TO DISTRICT THREE WHEN WE'RE FACING A COUPLE OF MORE RIGHT NOW.
AND SO I AM A LITTLE CAUTIOUS ABOUT US DOING CERTAIN THINGS AND MAKING RECOMMENDATIONS OR MAKING DECISIONS BECAUSE OF THE COMMUNITY HAS COME OUT ALREADY ON SEVERAL THINGS.
SO, FOR TODAY, IF IT'S OKAY, I WOULD LOVE TO, UM, BE ABLE TO HAVE THE OPPORTUNITY TO GO BACK AND VISIT WITH COUNCILMAN GRACIE AND THEN ALSO, UH, TALK A LITTLE BIT MORE WITH HOUSING ABOUT WHATEVER RECOMMENDATIONS THEY HAD AND HOW THEY CAME TO THE DECISION.
OFDECISION PUTTING OUT AN RFP.
AND WELL, THERE, THERE IS NO RFP.
THIS WAS JUST UNDER A DISCUSSION.
UM, BUT I, I WAS JUST INFORMED THAT WE CAN'T, UH, WE NEED TO SEE YOU IN THE SAME FRAME AS WHICH YOUR VOICE IS COMING.
IT'S ECHOING AND STUFF, BUT LEMME, IS IT BACK IN THE ROOM? NO, THEY NEED TO SEE HIM BE ABLE TO SEE HIM WHILE HE'S SPEAKING.
IF IT'S IN A DIFFERENT FRONT AREA.
I, I WOULD, UM, WITHDRAW MY, MY INITIAL QUESTION THEN.
AND, UH, IT SOUNDS LIKE THAT, UH, UH, DIRECTOR MARSHALL HAS THIS PART OF THE ISSUE SQUARED AWAY BY VISITING WITH, UH, COUNCIL MEMBER GRACIE, AND THAT IF HE WOULD, SO LIKE TO, UH, BRING IT BACK FORWARD TO US, UH, AFTER HE SPEAKS TO THE HOUSING STAFF.
[00:55:01]
SO.STACY, I'LL TOUCH BASE WITH YOU AFTER THIS AND LET ME KNOW.
I CAN, I CAN FILL YOU IN ON, ON WHAT I HAVE SO FAR FROM THE PROJECT, AND, AND IF YOU WANT ME TO BE A PART OF THAT CONVERSATION, I'M HAPPY TO DO SO AS WELL.
ALSO, THIS DID COME FROM COUNCIL MEMBER AS OPPOSED TO HOUSING.
IT CAME THROUGH HOUSING, BUT FROM COUNCIL MEMBER GRACIE, MY OKAY, THAT'S GREAT.
UM, AND JUST ONE LAST COMMENT ON THIS TOPIC, 'CAUSE WE'VE KIND OF BEATEN UP ON INDEPENDENCE AND RIGHTFULLY SO.
UM, BUT THIS, THIS TYPE OF A PROGRAM CAN BE REALLY, REALLY SUCCESSFUL.
JUDE, SO THE SAME DAY WE SAW INDEPENDENCE, WE SAW ST.
JUDE WHERE IT'S OPERATING AND IT'S FUNCTIONAL AND IT'S A TERRIFIC PROPERTY.
UM, CATHOLIC CHARITIES, UM, IS RUNNING IT.
UM, AND, AND REALLY GOOD WORK.
IT'S PERMANENT SPORT OF HOUSING.
UM, AND I THINK THEY HAVE ANOTHER ONE, UH, A LITTLE FURTHER WEST, UH, THAT I HAVEN'T BEEN TO.
UM, BUT IT, IT'S VERY HEAVILY SUBSIDIZED.
I MEAN, FOR ALL INTENTS AND PURPOSES, THEY HAD TO RAISE EVERYTHING THAT CONVERTED THE, THE PROPERTY.
UM, AND THEN NOW THAT RESIDENTS ARE IN THE VOUCHERS, ESSENTIALLY RUN THE OPERATIONALLY KIND OF, UM, RUN THE, THE PROPERTY.
UM, SO, YOU KNOW, THE, THE, I THINK THE CHALLENGE WE'RE GONNA HAVE IS, IS WE DON'T HAVE THOSE HEAVY SUBSIDY DOLLARS AVAILABLE, UM, TO, TO HELP OUT.
UM, AND IT IS A TERRIFIC PROGRAM.
SO I DON'T, I WANNA THROW THE BABY OUT WITH BATH WATER.
UM, BUT AT THE SAME TIME, IT, IT IS A PROBLEMATIC PROPERTY THAT, UM, THAT MODEL AT ST.
YOU HAVE TO HAVE A LOT OF, I MEAN, YOU LOOK AT THE PHILANTHROPIC WALL AND IT'S THE WHO'S WHO, DALLAS.
AND YOU JUST CAN'T DO THAT OVER AND OVER AND OVER AND OVER AND OVER AGAIN.
AND THAT'S KIND OF, I THINK THAT'S SORT OF WHAT HAPPENED AT, AT INDEPENDENCE, BUT NONETHELESS, UM, CAN BE VERY SUCCESSFUL.
SO I DON'T WANNA, UH, COMPLETELY MASH IT.
WELL, THANK YOU VERY MUCH FOR YOUR COMMENTS.
UM, OR THE OTHER COMMENTS ABOUT, UH, FRAUD NUMBER 13, LET ME JUST SAY THAT, UH, YES.
I, IN NOWHERE AM AM AGAINST, UH, HELPING PEOPLE.
AND OF COURSE, UH, WITH ALL THE ILLS IN OUR SOCIETY AND IN THE WORLD TODAY, I WISH I COULD WAVE A WAND.
I WISH I COULD, UH, DROP A MAGIC PILL.
I WISH I COULD PUT ON A S ON MY, UH, CHEST RED CAPE ON MY BACK.
I WISH I COULD, UH, STOP THIS AND STOP THAT.
ALL THE WARS AND ALL THE CRIME AND ALL THE KILLING COULD GO AWAY.
BUT IN THIS PARTICULAR DISTRICT, IN THIS AREA, UH, WHICH IS ALREADY, UH, SATURATED WITH A NUMBER OF ILLS, I AM UNABLE TO CHANGE THAT WITH ALL OF MY POWERS, RIGHT? ALL OF MY GREATNESS, AND WITH ALL OF MY KNOWLEDGE, AND EVIDENTLY WITH ALL OF THE THOUSANDS OF PEOPLE WHO AGREE OR SEE IT THE SAME WAY AS I DO.
SO, THEREFORE, UH, I'M ALWAYS FOR GREAT SUCCESSFUL PROGRAMS THAT, UM, CAN HELP OUT.
BUT IN THIS PARTICULAR AREA, YOU'RE GOING TO BE SURROUNDED AND THOSE PARTICULAR PEOPLE ARE GOING FOR SEEKING SERVICES WILL BE, UH, RIGHT IN THE MIX OF ALL THE ILLS THAT SOCIETY HAS TO OFFER AT THIS PARTICULAR POINT.
STINSON, ANY FURTHER COMMENTS ABOUT THE RFP PROCESS, THE RFPS RP PROCESS IN FRONT OF US AS WELL? THERE'S ANY ADDITIONAL THOUGHTS? YOU GUYS CAN REACH OUT TO ME, UH, LATER.
WE CAN, WE CAN CUT BASE ABOUT THEM.
MY PHONE THERE, THERE WAS ONE QUESTION I, ONE QUESTION I HAD THAT WAS ON, UH, UH, WAS IT THE, UH, IT HAD SOMETHING TO DO WITH THE LINK.
WAS IT ONE YEAR OR PROJECT? IT IS A ONE YEAR, UM, ONE YEAR CONTRACT.
IS, IS THAT, IS THAT ESSENTIALLY, UH, ENOUGH WELL, TIME? WELL, IT'S JUST SO WE CAN HAVE A TIMEFRAME TO ASSESS HOW THIS, UH, THIS CONTRACT IS GOING WITH THEM.
IF WE THINK THAT WE'RE OVER PENDING OR IF THEY'RE NOT DOING A GOOD ENOUGH JOB FOR TO REASSESS THE SCOPE OF WORK THAT BE RENEWABLE POINT.
THEY'LL HAVE RENEWAL PROVISIONS.
WE, I WOULDN'T, I WOULDN'T WANNA OBLIGATE THE, THIS ORGANIZATION PARTICULARLY IN A NEW, A NEW KIND OF, UH, PROCESS FOR MORE THE YEAR WOULD SEEM LIKE ANY ORGANIZATION WOULD HAVE TO HAVE ENOUGH TIME TO GEAR UP, SO TO SPEAK.
[01:00:01]
YOU KNOW, UH, THREE, FOUR MONTHSOR YOU EXPECT THEM TO GO IN OPERATION DAY ONE? WELL, NOT DAY ONE, BUT CERTAINLY DAY 15.
I MEAN, IF THEY'RE, IF THEY'RE WITHIN TWO WEEKS, THE KIND OF, IF THEY'RE THE KIND OF COMPANY THAT IS GONNA DO THE JOB FOR US, THEY'RE ALREADY DOING THIS KIND OF WORK.
SO, UM, THEY SHOULD BE ABLE TO STEP IN AND, YOU KNOW, FOLLOW OUR PRESCRIPTIONS, HAVE A CONTRACT CONTRACT CAN AUTOMATICALLY RENEW EVERY YEAR WITH OUR RIGHT TO CANCEL IT.
WHEN WOULD DISCUSSIONS BEGIN OR AS, UH, UH, LENGTHENING OR RENEWING THAT PARTICULAR CONTRACT, OR SECOND OR THIRD YEAR? PROBABLY 60 DAYS OUT FROM, YOU KNOW, AND, YOU KNOW, IF THEY'RE DOING A GOOD JOB, IT'S JUST REDUCED.
I MEAN, UH, IT'S NOT A, NOT NECESSARILY A FORMAL PROCESS.
I MEAN, IF WE'RE HAPPY AND THEY'RE HAPPY, WE JUST READ IT TURNS OVER EVERY YEAR.
MOVING ON TO ITEM 14, DISCUSSION OF THE USE OF BPFC EXCESS FUNDS, SAM.
SO THE FINANCE COMMITTEE WAS TASKED WITH, INTO SOME OF THE, UH, PROPOSED USE OF EXCESS FUNDS AND, AND LOOK DIVING IN.
AND, UH, ALAN AND I KIND OF, UH, WENT THROUGH EVERYTHING AND DETERMINED SOME, SOME PATHS FORWARD WITH THE SUGGESTIONS AND SOME DOLLAR AMOUNTS THAT THESE THINGS WERE PAID.
UM, AND YOU HAVE THE, THE DOCUMENT ATTACHED THERE, JUST KIND OF OUTLINING DIFFERENT PATHS THAT WE'VE, WE FOUND, UH, FORWARD, UH, PRIMARILY, UH, ME WITH A REFINING AND COMING UP WITH PROBABLY WITH THE BEST FORM.
UM, BUT, UH, THESE WERE ALL SUGGESTIONS BY BOARD MEMBERS.
I TRIED TO TAKE A COMMON THEME.
I EVERYONE HAD SOMETHING THAT OVERLAPPED, SO I WANTED TO MAKE SURE I COULD HAVE, UH, YOU KNOW, INPUT FROM EVERYONE AND DIVE IN, UH, TO THESE, TO THESE DO A LITTLE BIT OF A RISK VERSUS BENEFIT ANALYSIS HERE.
UM, SO YOU GUYS HAVE THOSE IN FRONT OF YOU.
THIS IS, UH, JUST A DISCUSSION ITEM, BUT WE, WE'D LOVE TO HEAR THOUGHTS ON ANY SUGGESTIONS.
AND, AND I'M GONNA TURN IT OVER TO ALAN.
BUT, UM, ANY, ANY THOUGHTS THAT YOU GUYS HAVE ON ANY OF THESE EXCESS USE OR USE OF EXCESS FUNDS, UH, BREAKDOWNS WOULD BE VERY HELPFUL.
I THINK ONE OF THE SUGGESTIONS THAT I, THAT UM, THAT WE'RE INVOLVED IN HOUSING AND SUPPORTING HOUSING, I THINK OUR FUNDS RIGHTFULLY SHOULD GO TOWARDS HOUSING.
BUT THERE ISN'T ANY REASON WHY WE CAN'T BE A BRIDGE LENDER TO SOME OF OUR DEVELOPERS.
SO WE TAKE THIS MONEY AND WE GET INTEREST FROM IT, AND WE CAN KEEP RECYCLING THE MONEY IN THAT FASHION TO HELP DEVELOPERS STIMULATE THAT DEVELOPMENT UNDER OUR PROGRAM.
BUT I MEAN, ALL SUGGESTIONS ARE, WE HAVE $4 MILLION NOW.
IT'S NOT CHICKEN FEET, BUT THAT WOULDN'T BE ABLE TO BE APPLIED TO A LOT OF PROJECTS.
WOULDN'T, LIKE $4 MILLION WOULDN'T GO SEVERAL DIFFERENT DEALS.
WELL, THAT'S $4 MILLION TODAY, BUT IT COULD BE SURE.
I MEAN, IF, IF YOU USE IT TO CREATE MORE DEALS, IT KIND OF FUNDS ITSELF A LITTLE BIT WHILE EARNING INTEREST.
GUESS MY QUESTION IS HOW MUCH OF THAT BUDGET THEN GETS USED FOR THAT SPECIFIC TRANCHE OF, OF IDEAS OF AT THE EXPENSE OF THE OTHER ONES THAT WE MIGHT WANT DEFAULT IN? THERE'S NO, THAT'S UP TO US.
THAT'S SOMETHING WE MIGHT WANNA FURTHER EXPLORE.
ALL TREAT, UM, AND BECAUSE IF GOT THIS, THERE'S, WE COULD EACH PROBABLY SIT HERE AND THINK OF 10 WAYS OKAY.
UM, WE HAVE TO COME UP WITH SOMETHING THAT, UM, WE CAN SUPPORT.
'CAUSE WE DON'T MAKE THE DECISION IT HAS TO GO TO COUNCIL.
WE WILL MAKE A RECOMMENDATION AS THE USE OF THE FUNDS, BUT BEING, OH, THIS DOESN'T, OH, THIS DOESN'T, MM-HMM.
I THOUGHT THE ONLY THING THAT HAS TO GO TO COUNSEL ARE ABATEMENTS AND DEBT.
AND THAT'S WHAT GIVES US PHILOSOPHY, RIGHT? TO BE ABLE TO DO THIS KIND OF STUFF.
NO, I THINK THIS IS, IT'S VERY GOOD TO HAVE THIS PUT TOGETHER, ESPECIALLY, UH, WHENEVER, IF WE'RE ASKED BY A, YOU KNOW, A COUNCIL, ONE OF OUR COUNCIL MEMBERS, UH, WHAT ARE SOME IDEAS THAT Y'ALL
[01:05:01]
ARE THINKING ABOUT? YOU KNOW, CERTAINLY WE HAVE TO GO THROUGH A, A VETTING PROCESS AND APPROVAL PROCESS, BUT, UH, UM, YOU KNOW, FOR EXAMPLE, IN HERE IS A DALLAS HOME BUYERS ASSISTANCE PROGRAM.YOU KNOW, I WAS, I, I REALLY LIKE THAT IDEA BECAUSE I'VE BEEN ASKED SPECIFICALLY BY A COUPLE OF CITY COUNCIL PEOPLE, WHAT CAN WE DO TO, YOU KNOW, IN THIS DAY AND AGE, WHENEVER THE LLCS AND OUT-OF-STATE CORPORATIONS ARE BUYING UP SINGLE FAMILY HOMES ALL ACROSS THE CITY AND THEN RENTING 'EM BACK TO THEIR OWNERS AT A HIGHER RATE AND STUFF, MAKING AFFORDABLE HOUSING THAT'S POSSIBLE FOR THE AVERAGE SINGLE FAMILY PERSON.
WHAT CAN WE DO TO, THESE ARE GOOD IDEAS AND ALSO THE GAP FINANCING.
AND SO ANYWAY, IT'S A, IT'S A GREAT LIST AND IT IS NOT A VOTING ITEM TODAY, BUT I'M, I'M THANKFUL TO Y'ALL FOR PUTTING IT TOGETHER BECAUSE I THINK IT'LL SERVE AS A GOOD REFERENCE MATERIAL FOR US AS WE'RE TALKING TO OUR, UH, CITY COUNCIL PEOPLE.
IF THEY'RE ASKING, WHAT ARE SOME IDEAS YOU HAVE IN THE, NOT IN THE PIPELINE, BUT IN YOUR IDEA PIPELINE, WE HAVE, IF THERE'S ANY ADDITIONAL, YES.
UH, DIRECTOR STEN, YOU, YOU WE'RE ABLE TO DO, UH, SOME OF THESE OR ALL OF THESE, UM, FIRST IT WOULD'VE A FOLLOW UP ON THE COMMITTEE CORRECT.
TO DISCUSS WHAT COMMITTEE WOULD THAT BE? FINANCE, FINANCE, FINANCE COMMITTEE.
UH, FROM THERE, LET'S JUST SAY, UH, YOU CAME UP WITH A, UH, UH, A RECOMMENDATION TO MAKE A, I DON'T KNOW IF WE'RE GONNA CALL IT A DONATION OR WHATEVER,
WE'RE GONNA CALL IT A WHATEVER WE CO WE COME UP WITH THE NEXT.
AND IT WOULD BE A, FOR A CERTAIN AMOUNT OF DOLLARS AND, OR IT MAY BE A NUMBER OF RECOMMENDATIONS AND COME OUT TO GO TO CERTAIN, UH, PROGRAMS. SO NOW SOME PROGRAMS, UH, OF COURSE I WOULD BE LOOKING FOR NOT TO DUPLICATE ANYTHING THEY'RE IN EXISTENCE, BUT SOME PROGRAMS THAT, LET'S SAY ARE OUTSIDE THE CITY OR WHATEVER.
THERE, THERE, THERE WOULD NEED TO BE A WAY OF KNOWING THAT, UH, OUR MONEY, SO TO SPEAK, UH, WAS PUT TO USE, UH, IN THE INTENDED, UH, FASHIONS THAT WE WANTED IT TO BE DONE.
IF, UH, 30% OF IT WAS TO GO INTO ONE FIVE AND 7%, ANOTHER OR 100% WAS TO GO ALL INTO ONE POT TOWARD, UH, UH, THAT WITH A PARTICULAR ORGANIZATION, THEN WE WOULD NEED TO HAVE, UH, SOME TYPE OF, UH, UH, SOME TYPE OF RELIEF, IF YOU WILL, TO SAY, YES, THIS WAS DONE.
WE NEED TO KNOW THAT, UH, WITH SOME DOCUMENTATION OR SOMEBODY, UH, CAN PROVIDE THAT PARTICULAR, UH, WE WOULD NEED, WE WOULD NEED VERIFICATION.
WHATEVER WE DO, WE'RE LOOKING FOR VERIFICATION THAT THE MONEY THAT WE ALLOCATE TO X OKAY.
AND THAT IN MANY RESPECTS IS AN ASSET MANAGEMENT FUNCTION.
AND, UM, YOU KNOW, AS WE BUILD OUR STAFF AND AS WE GROW AS AN ORGANIZATION, THAT IS A FUNCTION THAT WE DEFINITELY COULD HAVE IN HOUSE.
SOME TYPE OF MONITORING OR, YEAH, I MEAN, YOU, YOU JUST DON'T, THERE'S ANY EXAMPLE, FEDERAL GOVERNMENT.
YOU JUST DON'T GIVE MONEY OUT AND THEN NOT PAY ANY ATTENTION TO IT, TO WHERE IT GOES.
I MEAN, THIS IS NOT OUR MONEY.
IT'S MONEY THAT TECHNICALLY BELONGS TO THE, THE PEOPLE OF THE CITY OF DALLAS.
SO WE NEED TO BE GOOD STEWARDS OF THAT MONEY.
WELL, I ASKED THAT QUESTION BECAUSE I, MY CAREER WAS BUILT AT THE STATE AND I WAS A, UH, HANDLE CONTRACTORS AND I HAD TO GO SEE WHERE IS THE TAXPAYER'S MONEY.
AND THAT WAS LOOKING AT STAFF, BUT ALSO LOOKING AT THE OPERATION PROGRAMS IS, SO THAT'S WHERE I'M COMING FROM.
I WAS GONNA SAY, IF ANYONE HAS ANY ADDITIONAL THOUGHTS TO THAT DOCUMENT, PLEASE FEEL FREE TO REACH OUT AND I'LL, I'LL WORK TO ADD THEM.
THANK JUST SOME, UH, JUST SOME FEEDBACK JUST GENERALLY.
UM, I, YOU KNOW, MY, MY LENS, WE WE'RE DOING ALL THE RIGHT THINGS.
THESE ARE ALL GREAT, UM, THINGS TO DO.
AND I, I THINK AS WE START TO BUILD THE LIST, THEN, THEN YOU GO, OKAY, WHAT'S IN OUR WHEELHOUSE, BUT PROBABLY NOT IN OUR WHEELHOUSE KIND OF DEAL.
UM, AND THINGS LIKE, I SEE ASSIST SENIOR AND VETERAN FOCUSED PROJECTS.
UM, THERE'S A LOT OF, UH, THERE ARE A LOT OF FUNDS AND THE CITY, FRANKLY HAS A LOT OF FUNDS, UM, FOR AFFINITY, UM, PROJECTS LIKE THAT MM-HMM
SO I, I THINK THINGS THAT FOCUS ON PARTICULAR
[01:10:01]
GROUPS ARE, ARE PROBABLY HARDER FOR US TO EXECUTE ON THAT JUST BY MY VIEW OF IT.UM, AND THEN BEYOND THAT, I, I THINK SIMPLICITY IS GENIUS ON SOME, ON SOME OF THESE THINGS.
UM, FOR INSTANCE, YOU KNOW, DOWN PAYMENT ASSISTANCE, UM, THAT'S NOT OUR NORMAL DEAL, BUT I ALSO RECOGNIZE THAT IF WE HAVE A PIPELINE OF FOLKS THAT ARE GOING FROM OUR, UM, FROM OUR MULTI-FAMILY PROJECTS AND RENTING INTO HOME OWNERSHIP, AND WE CAN HELP FACILITATE THAT, UM, I, I THINK THAT THAT'S HUGE.
AND WHEN IT COMES TO, YOU KNOW, HOME BUYER ASSISTANCE, IT'S BASICALLY DOING SOME, SOME, UM, UNDERWRITING ON THE FRONT END.
UM, I THINK WE SHOULD CERTAINLY DO IN A WAY THAT IS COMPLIMENTARY AND DOESN'T OVERLAP WITH WHAT THE CITY DOES, UM, WITH THE TRADITIONAL VA.
BUT THAT, THAT'S AN, AND YOU KNOW, PROBABLY I'M GIVING THE WAY TOO FAR THERE, BUT THAT'S AN EXAMPLE OF SOMETHING I THINK, YOU KNOW, IT'S CASH BASED.
WE DON'T REALLY HAVE TO HAVE INFRASTRUCTURE FOR IT.
YOU CAN OUTSOURCE THE UNDERWRITING.
IT'S SOMETHING WE COULD DO WITH SOME LOSS, YOU KNOW.
UM, AND THEN, UM, YEAH, SOME OF THE OTHER THINGS LIKE THE, I THINK THE CLT IS PROBABLY HARD.
UM, UH, AND, UH, ALL OF THE, THE CLT STUFF IS, IT IS JUST A DIFFICULT, UH, TOPIC.
I'LL LET SOMEBODY ELSE FIGURE IT OUT.
AND THEN, UH, OF COURSE, I'M, I'M ON RECORD, UM, REGARDING THE, UM, THE DALLAS HOUSING OPPORTUNITY FUND, I, I WOULD PREFER TO JUST HAVE A REVOLVING DEBT FUND FOR US.
UH, I THINK JUST, JUST HAVE A, JUST HAVE A SET ASIDE THAT WE CAN USE FOR INFRASTRUCTURE IMPROVEMENTS ON A SITE OR, UM, GAP FINANCING OR WHATEVER.
UM, AND JUST, UH, I THINK GIVES US A, A LITTLE MORE CONTROL.
SO THOSE, THOSE ARE MY COMMENTS, BUT THEN THIS IS A GREAT PLACE TO START BECAUSE WE'RE GETTING IT ALL OUT THERE.
I LIKE TO SAY THIS, THIS IS GREAT.
I AGREE WITH THE, UH, VICE PRESIDENT HERE, VICE CHAIR.
ALSO, UH, JUST LIKE THAT, UH, UH, ASSIST SENIOR AND VETERAN FOCUSED PROJECTS.
I'M A VETERAN SIR, UH, PROUD VETERAN.
BUT, UH, THERE ARE SO MANY THAT ARE OUT THERE.
UH, THAT'S WHY I WORRY ABOUT SOME TYPE OF DUPLICITY, UM, OF WHATEVER.
IN OTHER WORDS, IT IS REALLY NOT A WAY TO COME UP WITH ANYTHING NEW, BUT STILL, IT, UH, THIS CAN BE SOMETHING THAT CAN SPURSE SOME TYPE OF LIGHT BULB.
BUT I, I THINK THIS IS A REAL GOOD START.
ALL OF THE DIFFERENT IDEAS YOU'VE INCLUDED IN THIS.
WE WILL, UH, COME BACK WHEN WITH SOME, WELL, THIS IS JUST FURTHER OUT, SO TO SPEAK.
FAR AS, UH, THINKING ABOUT THESE PARTICULAR THINGS AND THEN COMING RATCHETING DOWN, DRILLING DOWN TO A FINITE VIEW THAT WE MIGHT ACCEPT, OR I WOULD SAY THIS COMES OUT OF OUR, AFTER OUR, UH, POLICY APPROVAL DISCUSSION YES.
AS TO WHAT WE CAN AND CANNOT DO.
BUT WE ALLOWED TO DO YES, SIR.
ALLOWED NOT, I WAS GONNA SAY, SHOULD WE GO, SORRY.
UH, KIND OF ON KEITH'S OR KEN'S POINT A MOMENT AGO, UM, YOU KNOW, THERE'S LIKE, ESPECIALLY LIKE TEMPORARY RELIEF, LIKE, UH, IDENTIFYING, THERE'S TWO IDEAS HERE WHERE EITHER HAVE OUR OWN PROGRAM OR WE PARTNER WITH SOMEONE.
UM, YOU KNOW, I DEFINITELY THINK THAT, YOU KNOW, I THINK IT'D BE OUR BETTER INTEREST TO, TO PARTNER WITH OTHER ENTITIES THAT ARE ALREADY SET UP THROUGH SOME OF THESE THINGS.
IT'S EITHER PROVIDE THEM FINANCIAL SUPPORT, UM, ONE, THEY ALREADY KNOW WHAT THEY'RE DOING, AND BI THINK IT GETS US A BETTER OPPORTUNITY FOR COMMUNITY ENGAGEMENT TO HAVE A PARTNER THAT'S ALSO ADVOCATING ON OUR BEHALF.
SO WE'RE OUT ONE THING, OUR OWN DRUGS, WE ALSO GET JUST THAT COMMUNICATION, UH, SEPARATE TIER.
UH, THAT IF WE WERE TO, YOU KNOW, ALLOCATE IF 4 MILLION OR TO, I HAVE A LITTLE BIT OF A PAGEANT WHERE AGENCIES WANT EXTRA MONEY TO DO THE THINGS THAT THEY'RE DOING, AND THEY ESSENTIALLY COME TO US AND APPLY FOR FUNDS AND THEN BE THAT, AND THEN AWARD ON AN ANNUAL BASIS, SOMETHING LIKE THAT.
I MEAN, YOU KNOW, WE DON'T KNOW ON ANY GIVEN YEAR HOW MUCH WE COULD ACTUALLY PUT OUT, BUT IF WE ACTUALLY SEEK APPLICATION, THEN WE CAN FIND THE PARTNERS WE LIKE AND THAT'S NOT MM-HMM
AND THAT MIGHT EVEN, YOU KNOW, BECOME A CONVEYOR BELT FROM PEOPLE SEEKING RENT RELIEF WHO MIGHT ACTUALLY NEED OUR DEALS IN THE FUTURE.
UH, SEEING NO FURTHER COMMENTS ABOUT ITEM NUMBER 14, MOVING ON TO ITEM NUMBER 15, DISCUSSION AND APPROVAL OF THE PRELIMINARY 2025
[01:15:01]
DPFC BUDGET.SO I PREPARED THE BUDGET FOR THE FINANCE COMMITTEE AND THEN AFTER BEING TOLD TO REALLY DIVE IN AND, AND GO AFTER IT AGAIN, UH, SET UP THE, UH, WE KIND OF REFORMATTED IT AND, AND DOVE ALL THE WAY IN.
AND I WAS RIGHT TO HAVE ME DO SO.
UM, JUST WANNA SAY THIS IS SOMEWHAT OF A PRELIMINARY BUDGET AS THESE POLICY AND BYLAW CHANGES WILL, UH, LIKELY AFFECT BUDGETING.
BUT, UM, I'LL TURN IT OVER TO ALAN HERE AFTER THAT.
NO, I THINK SAM DID A GOOD JOB.
I MEAN, WE, WE, WHAT WE TRIED TO DO ON THE REVENUE SIDE IS TO PROJECT, UM, UH, DEALS THAT ARE, WE'RE GONNA DO FOR THE BALANCE OF THE YEAR.
UM, WE DID THE BEST WE COULD ON THE, ON THE COST SIDE.
UM, WE OBVIOUSLY DON'T KNOW, UH, WHEN WE'RE GONNA ESTABLISH ON THE PAYROLL.
WE DON'T KNOW WHEN AND IF WE'RE GONNA HAVE RENT TO PAY AND THINGS OF THAT NATURE.
SO, UM, AS WE SAID, THIS IS A PRELIMINARY BUDGET AND, YOU KNOW, HOPEFULLY IN THE FUTURE YEARS WHEN SOME OF THE QUESTIONS THAT WE ARE WAITING TO HAVE ANSWERED OR ANSWERED, WE'LL BE ABLE TO DO A MORE FORMAL, UH, BUDGETING PROCESS.
BUT I DIDN'T WANNA WASTE SAM'S TIME, YOU KNOW, TRYING TO GUESS.
UM, WHAT'S GONNA BE, I MEAN, YOU'D BE BETTER OFF GOING TO VEGAS AND PLAYING CROPS.
'CAUSE THIS DOES GIVE US, AT LEAST STARTS US OFF WITH A, A BASELINE OF OKAY IF, UM, YOU KNOW, IF THE APPROVALS COME THROUGH AND WE CAN HIRE A, A GENERAL MANAGER AND ASSISTANT GENERAL MANAGER AND A, AN ADMINISTRATOR OR THE PFC, UM, WE NOW HAVE SOME GROUNDWORK THAT THE, YOU KNOW, HIRING COMMITTEE, OTHERS CAN SAY, OKAY, THIS IS, THIS IS A GENERAL GUIDELINE THAT WE CAN WORK ON.
AND LIKE I SAID, THIS, YOU, THIS HASN'T BEEN STARTED YET, BUT, UM, IT'S GOOD TO HAVE THESE, UH, PLANNING RESOURCES AND, UH, CAPABLE MEMBERS OF OUR BOARD THAT CAN PUT TOGETHER SUCH ITEMS AS THIS.
NOW, UH, INSOFAR AS APPROVAL AS A FINANCE COMMITTEE, UH, WE NEED TO FORMALLY APPROVE THIS AS A PRELIMINARY BUDGET.
I WOULD RECOMMEND THAT IT BE APPROVED AS A PRELIMINARY BUDGET, ACKNOWLEDGING THAT AS CIRCUMSTANCES CHANGE, WE MAY AMEND THE BUDGET OF THAT FACT AS IT IS JUST A BUDGET.
DO WE HAVE ANY DISCUSSION OR DO WE HAVE A MOTION? SO MOVE.
UH, SAM, CAN YOU ROLL CALL, VOTE PLEASE? ABSOLUTELY.
STACEY MARSHALL, I'M SEEING A THUMBS UP.
MARK HOLMES APPROVED A TALL APPROVED KEVIN WINTERS APPROVED LAUREL STONE APPROVED COMMON CALL APPROVED.
PLEASE NOTE THAT, UH, ITEM NUMBER 15, THE PRELIMINARY 2025 DPFC BUDGET HAS BEEN APPROVED BY THE BOARD.
MOVING ON TO ITEM NUMBER 16 BPFC WEBSITE BRIEFING AND DISCUSSION, SAM.
ALRIGHT, SO WE HAVE MADE A FEW CHANGES ON THE WEBSITE.
UH, SOME, SOME HAD HAVE BEEN NOT BEING AROUND, UH, NOT GETTING DONE.
UM, AND LET THE RECORD REFLECT THAT, UH, DIRECTOR MONTGOMERY HAD TO LEAVE.
AND, UH, THEN WE WENT INTO SPRING BREAK, SO EVERYONE WAS KIND OF TRAPPED.
UM, AND FOR OUR FINAL WRAP UP MEETING, WE KIND OF WANTED THE ENTIRE COMMUNITY TO DO, UH, COMMITTEE THERE FOR IT.
UM, SO WE HAVE THAT, WE HAVE THEM OUR SCHEDULES FOR NEXT WEEK, I BELIEVE, KEVIN, IF I'M NOT MISTAKEN.
AND WE'RE WAITING ON THE, UH, COMPANY TO SEND THIS MEETING INVITE.
SO WE LINKED WEBSITE IN THE YEAH, IT'S IN THE AGENDA.
I DON'T IF YOU HAVE ANY TROUBLE WITH THAT, PLEASE
[01:20:01]
LET ME KNOW AND I CAN RESEND IT.BUT SOMETIMES THERE'S AN ISSUE CONVERTING A WORD DOC TO, UH, TO A PDF TO GET IT.
BUT, UM, IT'S LOOKING PRETTY GOOD SO FAR.
I MEAN THERE'S, I THINK WE'RE AT A PLACE THAT WE CAN GET IT LIVE IN THE NEXT COUPLE WEEKS AND, AND THERE WILL STILL NEED SOME, SOME UPDATES AND, AND CONTINUOUS UPDATES OBVIOUSLY.
BUT, UH, I THINK, WE'LL WE'RE DOING PRETTY GOOD.
KEVIN, DO YOU HAVE ANYTHING TO ADD? NO, I SAID I THINK ONCE WE GET OUR MEETING IN NEXT WEEK AND KIND OF WITH THE RAPID TOUCHES ON IT, WE WILL BE ABLE TO HAVE A MORE FULL, LIKE A FINAL UPDATE IN IN APRIL.
APPRECIATE ALL YOUR HARD WORK ON THE COMMITTEE.
SOPHIA HANDLED CHUNK, ZO
AND DEFINITELY HELP US COME UP WITH SOMETHING PRETTY GOOD.
UM, ADDITIONALLY, UH, IF YOU GUYS WANT TO SEE THE LINK AND IT DOESN'T WORK, PLEASE REACH OUT TO ME.
YOU WANT TELL EM YOUR NO, SO IT'S NOT LIVE YET.
DID YOU SLIP UP? I OFF THE LINK? NO, ACTUALLY THAT IT IN THE RL SO IT, IT POPPED UP.
IT SHOULDN'T BE LOGGED, BUT IT, IT LOOKS LIKE IT BLOCKED.
IF YOU WOULD LIKE TO SHUT THE DOOR L FEEL FREE TO YEAH, IT'S JUST UH, DALLAS PC.COM AND IF YOU HAD SEE ANYTHING ON THERE THAT NEEDS SOME ATTENTION, PLEASE LET THEM KNOW.
BUT IT, IT IS NOT I LIVE ENOUGH FOR US TO SHARE ON SOCIAL MEDIA OR LINKEDIN YET.
NO, NOT, NO, I WOULDN'T DO THAT YET.
DO WE HAVE A PAGE ON LINKEDIN? NO, THAT, I JUST WHISPERED THAT TO KEVIN.
I THINK WE, SHE TURNED OUT, YOU KNOW, WITH, WITH THE COMMITTEE'S DIRECTION BEING VERY CLEAR AND CONCISE THAT IT OH WOW.
WE WERE BOTH EXECUTE PRETTY, PRETTY GOOD.
I HOPE
SO WHO GETS THE, WHO GETS TO GET IN TOUCH EMAILS? UH, A AN EMAIL ADDRESS THAT WE CREATED.
YEAH, DALLAS PFC@DALLASCITYHALL.COM.
YEAH, SO WE CAN, WE CAN UPDATE THAT.
UM, 'CAUSE THAT IS CITY STAFF EMAIL.
UM, AND WE CAN UPDATE IT TO GO TO DP FFC STAFF OR TO THE CHAIR OF THE COMMITTEE.
BUT FOR NOW WE HAVE TO PUT SOMETHING IN THERE.
AND THAT'S THE GENERAL EMAIL FOR THE DOC.
THE S AND T I'M ASSUMING WE MIGHT GET LEASING INQUIRIES ON A GENERAL EMAIL AND THINGS LIKE THAT.
BUT ONCE WE'RE WE GO LIVE LIVE THEN YEAH, PROBABLY WILL.
BUT THERE IS, THERE'S LINKS TO OUR, TO OUR PROPERTIES YES.
THAT OUR LEASING AND GIVE THEM THE CONTACT INFORMATION THERE.
WHICH WE NEED TO UPDATE THAT TOO.
WE, WE'LL GO THROUGH PIPELINE.
THAT'LL BE A LIVING, YEAH, THAT'S A LIVING, BREATHING PROPORTION OF THOSE.
MOVING ON TO ITEM NUMBER 17, DPFC PIPELINE REPORT BRIEFING AND DISCUSSIONS AND ALRIGHT.
I THINK JUST RIGHT OFF THE BAT, WE NOW HAVE SEVEN PROPERTIES LEASING, THREE OF WHICH ARE THE PROPERTIES THAT KEITH AND, UH, DIRECTOR
UM, WHICH PUSHES US TO OVER A THOUSAND UNITS LEASING.
SO I I JUST WANTED TO ACKNOWLEDGE THAT ACCOMPLISHMENT.
UM, WE HAVE CURRENTLY, UH, FOUR PROPERTIES THAT WE'RE LOOKING AT TRYING TO GET IN, UH, FOR IN, IN THE APPLICATION STAGE.
UH, I I GENUINELY THINK THAT WE SHOULD HAVE TWO OF THEM BY NEXT WEEK.
THAT'S ONE WAS TOLD TO ME THAT THEY'RE GONNA BE APPLYING THIS WEEK AND, AND THE NEXT BOTH, UH, AND THE OTHER TOLD ME THAT IT COULD BE IN NEXT, UH, THE FOLLOWING.
SO TWO THAT ARE VERY HOPEFUL TOO, THAT ARE, WELL YOU JUST NEVER REALLY KNOW.
UM, SO, UH, THAT'S, THAT'S WHAT WE GOT FOR THE FUTURES.
UM, WE SHOULD HAVE TWO MORE COMING ONLINE IN Q2, UH, AS WELL, WHICH IS THE, UH,
[01:25:01]
SO THOSE, THOSE PROJECT PROJECTS ARE I'LL, I'LL CONFIRM BACK.BUT YEAH, WE, WE HAVE SOME UNITS COMING ONLINE, SO WE'LL BE GETTING SOME LEASE PAYMENTS LIKELY BY THE END OF THIS YEAR ON THOSE.
UM, YOU GUYS HAVE ANY QUESTIONS ABOUT WHAT WE HAVE RIGHT NOW? OH, FULL APPROVAL.
WE'RE LOOKING TO MOVE, UH, UH, BLOCK HALF SANTA FE BY THE END OF NEXT MONTH.
UH, AFTER CHECKING IN WITH THEM AND, UH, WE'RE, WE'RE REALLY GONNA START TRYING TO MOVE THESE FULLY APPROVED PROJECTS THROUGH THAT'S, THAT'S ON MY AGENDA TO TRY TO SEE WHAT WE CAN DO TO FACILITATE THOSE COMING BACK.
'CAUSE SOME OF THEM HAVE PRETTY LONG APPROVAL TIME HERE AND I KNOW YOU GUYS ARE CONSIDERING MOVING, UH, TO A X AMOUNT OF TIME, UNDETERMINED AT THIS TIME FOR APPROVAL FLOWS.
SO I, REAL QUICK ON THOSE ONES THAT WERE DONE IN, IN MAY OF 2023 FOR THOSE WHO JOINED THE BOARD SINCE THEN, WE WERE DOING A WHOLE LOT OF DEALS AT THAT POINT DUE TO PENDING LEGISLATION AT THE STATE.
UM, SO SOME OF THOSE MIGHT HAVE BEEN FULL APPROVAL BEFORE THEY WERE READY, I THINK TO MOVE ON NECESSARILY.
SO THEY MIGHT NEED A LITTLE BIT MORE OF A GRACE PERIOD, RIGHT? CORRECT.
YEAH, I WAS GONNA MENTION THAT AS WELL AS IT THERE LEGISLATION THAT KIND OF HURRI PROJECT UP.
SO, UM, ADDITIONALLY WE'RE, WE'RE TRYING TO HIRE NOW, UH, GOOGLE GROUP RIGHT NOW.
THEY'RE DOING THE M-I-H-D-D PROGRAM.
UM, YOU GUYS MIGHT KNOW THERE WAS SOME ISSUES ON, ON THE DOCUMENTATION FOR THAT ON THE PREVIOUS PROJECT.
SO, UH, WE'RE IN THE PROCESS OF, OF IRONING THAT OUT AS WELL.
AND, AND THAT SHOULD BE MOVING UP FROM FULL APPROVAL.
BUT, UM, OH, AND THE, UH, THE POWER AND LIGHT PROJECT.
IT'S LOOKING LIKE IT'S GONNA BE SHOVEL READY.
SO WE GOT SOME STUFF THAT'S, THAT'S LOOKING LIKE IT'LL, IT'LL HAPPEN FOR US.
ANY QUESTIONS ON THE PIPELINE SO FAR? I DON'T SEE ANY HANDS UP.
WE APPRECIATE YOUR, YOUR SUPPORT, STAFF SUPPORT.
Y'ALL DOING A YOU'RE DOING A GOOD JOB.
DO WE HAVE A MOTION TO ADJOURN? SO MOVE, MOVE BY.
WAIT A MINUTE, EVERYBODY GET IT.
SECONDED BY DIRECTOR FLAGSHIP.
ALL IN FAVOR SIGNIFY BY SAYING AYE.
THE MARCH 25TH, 2025 DALLAS CORPORATION BOARD OF DIRECTORS MEETING IS HEREBY ADJOURNED.