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SO LET'S GET STARTED WITH IT.[Dallas Davis Garden TIF District Board of Directors Meeting on January 13, 2026.]
LET'S GET STARTED WITH AGENDA ITEM ONE.BEFORE WE DO, I NEED TO REMIND EVERYBODY WHO'S JOINING REMOTELY THAT WE'RE REQUIRED BY LAW THAT YOU PLEASE HAVE YOUR CAMERAS ON IN YOUR FACE.
IT'S ON THE CAMERA THE ENTIRE TIME DURING THE MEETING.
PLEASE BE SURE YOU'RE ON MUTE.
WITH THAT, I'D LIKE TO CALL THE DAVIS GUARD TIFF, DISTRICT BOARD OF DIRECTORS SPECIAL MEETING TO ORDER ON TUESDAY 13TH.
THE TIME IS 3:05 PM IN THE AFTERNOON.
SO I'D LIKE TO ASK THE BOARD TO GO AROUND THE ROOM AND INTRODUCE YOURSELVES.
UM, SI THINK WE'RE DOING AN INITIAL INTRODUCTION, BUT WILLIAMS IMAN, UM, DAVIS DAVIS'S GARDEN.
UH, MAYBE LUIS, DO YOU WANNA INTRODUCE, INTRODUCE YOURSELF BRIEFLY? SURE.
I AM THE DIRECTOR OF PLANNING AND DEVELOPMENT FOR DALLAS COUNTY.
UH, DALLAS COUNTY SITS ON A LARGE NUMBER OF TIFF BOARDS FOR THE CITY OF DALLAS AND OTHER CITIES.
AND, UH, WE REPRESENT THE COUNTY'S INTEREST, WHICH GENERALLY AND GREATLY ALIGN WITH CITY OF DALLAS
UM, MAYBE PETER, YOU WANNA INTRODUCE YOURSELF NEXT WHILE YOU'RE IN THE CAR? SURE.
I'M A, UH, RESIDENT IN THE CITY OF DALLAS AND A BOARD MEMBER FOR ABOUT THE LAST OR SO.
AND STEPHANIE, DO YOU SEE STEPHANIE TO DO INTRODUCTIONS AS WELL? OR JUST THE BOARD? OKAY.
STEPHANIE, DO YOU WANNA GO NEXT? YEAH, SURE.
I'M ON THE, I'M ACTUALLY THE PRESIDENT OF OUR HOA HERE AND I'VE COMING OVER FROM THE PERMIT AND APPEAL BOARD.
I'VE BEEN ON FOR ABOUT TWO YEARS.
BEFORE THAT, I WAS ON THE FORT WORTH AVENUE, UM, TIFF, AND BEFORE THAT IT WAS LIKE THE NORTH OAK CLIFF HAD A VERY LONG NAME TIFF.
UM, SO I'M HAPPY TO, TO BE BACK ON, ON THE TIFFS.
THE PERMANENT AND APPEAL BOARD IS REALLY JUST A BUNCH OF LATE NIGHT DANCE HALLS THAT WANNA STAY OPEN TILL 5:00 AM SO, UM, THAT WAS, THAT WAS ENTERTAINING.
UM, MOND BLAKE, I'M THE MANAGER OF DAVIS GARDEN TIFF DISTRICT.
I'M GLAD THAT YOU'RE BACK ON, ON THE TIF DISTRICT, UH, BOARD AND NOW REPRESENTING YOUR, YOUR HOME AREA.
UM, I'VE BEEN WITH THE CITY NOW GOING ON FOUR YEARS, AND I, I WORK ON THE DAVIS GARDEN, TIFF, THE MAPLE MOCKINGBIRD, TIFF, AND THE SOUTHWESTERN MEDICAL DISTRICT.
STARTED WITH THE CITY ON NOVEMBER 3RD, SO, UM, JUST HELPING MAKE AND MAKE SURE THINGS ARE RUNNING SMOOTHLY.
I'LL COME UP, INTRODUCE MYSELF TO, MY NAME IS MATEO ALEXANDER.
I AM THE ECONOMIC DEVELOPMENT COORDINATOR WITH THE OFFICE OF ECONOMIC DEVELOPMENT.
AND THEN WE ALSO HAVE NATALIA JOHNSON AND TANISHA MARVEL.
THEY ARE ON OUR FINANCE TEAM, AND THEY'RE HERE TO ANSWER ANY QUESTIONS WHEN WE DIG INTO THE, THE FINANCIALS AS PART OF THE, THE ANNUAL.
UM, ALL RIGHT, WE'LL NOT NEED TO GO, WE'LL NOT NEED ITEM TWO AS I'M PRESENT AND DURING THE MEETING.
ITEM THREE, PUBLIC COMMENTS PERTAINING TO AGENDA ITEMS. I DON'T SEE ANYBODY FROM THE PUBLIC.
UM, I'LL SAY, IS THERE ANYONE FROM THE PUBLIC WHO WISHES TO SPEAK ON ANY ITEMS TODAY? NOPE, NOT.
AGENDA ITEM NUMBER FOUR, NOMINATION AND ELECTION OF A VICE CHAIR.
UM, OUR FORMER VICE CHAIR RESIGNED THIS POSITION, SO WE NEED TO LIKE A NEW VICE CHAIR.
UM, SINCE PETER, YOU'RE ON THE PHONE, I ACTUALLY WOULD LIKE TO NOMINATE YOU AS THE VICE CHAIR, OR THEY'RE LOOKING AT THE LAND ACROSS THE STREET.
SO PETER, WILL YOU ACCEPT THE NOMINATION? YES, SIR.
ANY OTHER NOMINATIONS? HEARING NONE.
THE CHAIR USUALLY RE FRAMES FOR MAKING MOTIONS.
SO SAID, I'LL ASK PETER TO MAKE A MOTION.
SINCE WE KNOW A VICE CHAIR, UM, I MOVED TO ELECT PETER JACOBSON AS VICE CHAIR FOR THE DAVIS GUARDIAN TIFF BOARD OF DIRECTORS.
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SECOND.SECOND BY STEPHANIE AND HAS BEEN MOVED.
PLEASE KEEP IT RAISED UNTIL THE VOTE IS FINALIZED.
IS YOUR HAND UP, PETER? I'M ASSUMING IT IS.
ON THE ITEM NUMBER FIVE, UM, CONSIDERATION OF THE MEETING RECORD FOR SEPTEMBER 17TH, 2025.
MEETING OF THE DAVIS GRAHAM TIFF BOARD OF DIRECTORS.
IS THERE ANY DISCUSSION? IF NOT, I'LL TAKE A MOTION TO MOVE AS WRITTEN.
I'LL MAKE THE MOTION TO APPROVE THE MINUTES AS WRITTEN.
I HAVE A MOTION TO APPROVE AGENDA ITEM FIVE AS PER BY.
LUIS, DO I HAVE A SECOND? I SECOND IT.
ALL IN FAVOR? RAISE YOUR HAND.
PLEASE RAISE UNTIL THE VOTE IS FINALIZED.
ITEM NUMBER SIX, REVIEWING CONSIDERATION OF THE DATE GUARDIAN TIFF DISTRICT ANNUAL REPORT.
THIS TIME I'LL TURN IT OVER TO THE STAFF TO PRESENT THE ITEM, MS. BLAKE.
ALL RIGHT, LET'S GET THE ANNUAL REPORT PULLED UP.
UM, THIS WAS SENT OUT TO EVERYONE, UH, I THINK LAST FRIDAY, SO HOPEFULLY YOU'VE HAD A CHANCE TO, TO SUM THROUGH IT.
UM, I'M GONNA DO A VERY HIGH LEVEL OVERVIEW WITH YOU AND JUST HIT THE MAIN POINTS, AND YOU'RE WELCOME TO STOP ME OR HOLD QUESTIONS TILL THE END.
UM, JUST DRAW YOUR ATTENTION TO THE, UH, METRO FACILITY, THE, THE METRO CARE FACILITY THAT IS, UM, BRAND NEW TO THE DAVIS GARDEN FIFTH DISTRICT.
IT IS LOCATED ON, UH, WESTMORELAND, ALMOST UP TO 30 FRONTAGE.
UM, I, I'M GONNA TALK TO YOU A LITTLE BIT MORE ABOUT THAT HERE IN A MINUTE, BUT THAT'S A A, A GOOD SHOT OF IT.
A WELCOME ADDITION TO THE CANYON AREA OF DAVIS GARDEN.
YOU MIGHT WANNA MINIMIZE IT A LITTLE BIT SO WE CAN SCROLL THROUGH A LITTLE BIT FASTER.
UM, AND WE CAN ROLL DOWN BASICALLY TO PAGE FOUR.
AND THIS IS JUST A, A, UM, REMINDER OF THE FIRM OF OUR GIFT DISTRICT TOOK EFFECT IN 2008 AND BASICALLY TERMINATES ON, UM, FIRST OF 2040.
WE'RE IN YEAR 19, SO WE'VE GOT 13 YEARS LEFT IN THE DISTRICT.
UH, THE CITY PARTICIPATES AT 90% OF THE REVENUE, UM, THAT'S RECEIVED WITHIN THE DISTRICT.
AND THEN, UH, THE COUNTY PARTICIPATES AT 75%.
AND THEN MOVING THROUGH THIS NEXT SECTION IS JUST THE ACCOMPLISHMENTS OF THE DISTRICT IN CHRONOLOGICAL ORDER.
SO WE'LL SCROLL THROUGH AND HIT WHAT'S HAPPENED IN THE, UM, FISCAL YEAR 25.
AND THE FIRST STOP IS WITH THE, IT'S ON PAGE SEVEN, I THINK IT'S AT THE BOTTOM OF HERE.
AND THAT'S ANOTHER PICTURE OF THE METROCARE.
IT'S A $96 MILLION FACILITY, ALTHOUGH IT IS TAX EXEMPT, BUT IT IS A GREAT ADDITION TO THE DAVIS GARDEN, TIFF DISTRICT, AND THE CANYON.
UH, CANYON'S BEEN SLOW MOVING, SLOW GROWING, AND NOW WE HAVE THIS BIG NEW FACILITY THAT'S GONNA BRING JOBS TO THE AREA.
AND WITH NEW JOBS IN THE AREA, THERE'S GONNA BE MORE PEOPLE THERE WHO ARE GONNA BE, UM, ENJOYING THE RESTAURANTS THAT ARE THERE IN THE CANYON ALONG 30 FRONTAGE POTENTIALLY, UM, UH, SEEKING LODGING IN THE RESIDENTIAL THAT'S COMING UP WITHIN THE CANYON.
SO IT IS, IT'S A GREAT NEW FACILITY FOR US IN MORE WAYS THAN JUST ONE.
AND THEN HOPEFULLY EVERYBODY'S HEARD BY NOW THAT THE DALLAS WINGS ARE GOING TO BE COMING TO, UH, RIGHT ON THE BORDER OF THE DAVIS GARDEN TIFF DISTRICT.
AND, UH, ROY, CAN YOU, UH, ENLARGE THIS MAP ISN'T IN YOUR, YOUR ANNUAL REPORT? I, I EDITED IT FOR THIS PURPOSE, BUT, UM, THE DA DAVIS, THERE YOU GO.
THAT'S DAVIS RIGHT THERE TO ORIENT YOU.
AND THEN WESTMORELAND IS, THERE WE GO.
AND THEN PINNACLE PARK BOULEVARD RIGHT HERE.
SO ALL THAT AREA UP, UH, THAT'S ALL THE CANYON, THE NEW FACILITY IS GOING TO GO RIGHT NEXT TO IT.
THAT'S WHERE THE WINGS ARE GOING TO BE BUILDING THEIR NEW FACILITY.
AND THEN ALSO TRINITY FC IS GOING TO BE TAKING UP THIS SECTION.
SO WE'VE GOT THIS AMAZING NEW SPORTS COMPLEX THAT IS CURRENTLY UNDER CONSTRUCTION.
IT'S GONNA BE, UM, COMING TO, BASICALLY TO THE DAVIS GARDEN TIFF DISTRICT.
WE COULD EVENTUALLY END UP ANNEXING THAT AREA AND
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EXPANDING THE BOUNDARY OF THE DAVIS GARDEN, TIFF DIS TIFF DISTRICT THAT HASN'T BEEN REQUESTED OF US YET, BUT I ANTICIPATE THAT IT MIGHT BE, UH, AS WELL AS POTENTIALLY BE APPROACHED FOR SOME KIND OF SUBSIDY OR FUNDING TO HELP BRING THIS DEVELOPMENT TO, TO REALITY.SO AGAIN, THIS IS ANOTHER WAY OF SPURRING DEVELOPMENT WITHIN THE CANYON.
UM, A A GOOD PORTION OF THE SOCCER FIELDS ARE GOING TO BE USED FOR PUBLIC USE.
AND IF YOU KNOW ANYTHING ABOUT SOCCER MOMS AND THE, THE GAMES THAT THAT COME, THEY'RE GONNA BE WANTING TO HEAD OFF TO HAVE ICE CREAM AND LUNCH AND RETAIL THAT ALSO SHOULD IMPACT THE, UM, SUCCESS OF THE CANYON.
SO THAT'S EXCITING TO HAVE THE, THOSE TWO NEW, UM, DEVELOPMENTS WITHIN DAVIS GARDEN OR, OR CLOSE TO DAVIS GARDEN.
NEXT IS A CHEDDAR SCRATCH KITCHEN.
A NATIONAL BRAND IS COMING UP ALONG THE OTHER NATIONAL BRANDS ALONG 30, THEY'RE GONNA BE OPENING UP IN 2026.
AND THEN YOU, I'M SURE ALL OF YOU ALREADY KNOW ABOUT THE ROSEMONT UPPER CAMPUS.
IT'S OVER A HUNDRED YEARS OLD, AND THEY DID A RENOVATION INSIDE AND OUT TO UPGRADE THE CAMPUS.
UH, WE DIDN'T, WE DIDN'T PARTICIPATE IN THAT.
IT WAS ALL THROUGH THE DISD BOND PROGRAM, BUT IT'S A NEW AND IMPROVED ROSEMONT, WHICH ADDS TO QUALITY OF LIFE, WHICH IS SOMETHING THAT'S IMPORTANT TO US, UH, IN THE, THE DISTRICT.
SO WITH THAT, UM, THIS IS JUST A LIST OF, OF THE PROJECTS THAT WE'VE ENGAGED IN OVER THE YEARS.
AND, UM, ROY, IF YOU WANT US TO KEEP SCROLLING DOWN TO THE END, WHEN WE DO A, UM, A GRAND TOTAL, ALL OF THESE PROJECTS HAVE RESULTED IN, UM, THE RIGHT FAR RIGHT COLUMN IS WHAT WE'VE INVESTED, AND WE'VE INVESTED ABOUT 8.3 MILLION.
AND THE, THE RETURN HAS BEEN 326.4 MILLION.
UM, SO IT'S A PRETTY GOOD RETURN.
UH, AND THAT'S, THAT HAS BEEN IN THE SHAPE OF RESIDENTIAL UNITS, RESTAURANTS, HOTEL, RETAIL, OFFICE AND ENTERTAINMENT.
UH, MOVING ON THE ALL HERE, EVERYTHING THAT WE'VE LOOKED UP AT ABOVE WAS PRIVATE DEVELOPMENT.
THIS IS WHERE WE HAVE PARTNERED WITH A GROUP THAT IS A PUBLIC ENTITY.
AND THE INVESTMENT WE'VE MADE THERE TOTALS OVER THE YEARS, ABOUT 20 MILLION.
AND THEN MOST RECENTLY IS OUR ROSEMONT SAFE RISE TO SCHOOL PROGRAM.
THE, THE ADDITIONAL SCOPE FOR THE SUPPLEMENTAL DESIGN, UM, WAS COMPLETED IN NOVEMBER 24.
AND THEN THE CONSTRUCTION FOR BOTH THE ORIGINAL AND SUPPLEMENTAL IS IN PROGRESS, AND SOMETHING WE FUNDED AT 1.1 MILLION.
UM, AS FAR AS AN UPDATE ABOUT WHAT'S GOING ON WITH ROSEMONT, UM, I GOT THIS PROGRESS FROM CAMERON THIS MORNING.
AND THE, UM, THE ORIGINAL CONSTRUCTION HAS STARTED AND THEY'RE HOPING TO WRAP THIS SUMMER.
AND THEN THE SUPPLEMENTAL CONSTRUCTION, THEY STILL HAVE MARY CLIFF IMPROVEMENTS AND SIGNAGE, AND IT'S DATE UNCERTAIN BECAUSE THE CONTRACTORS GOT PULLED OFF TO WORK ON THE FIFA, UM, PLANS FOR FIFA.
SO I'M TRYING TO GET AN UPDATE FROM HIM AS TO WHEN THE, THEY'LL STARVE THOSE IMPROVEMENTS AND WHEN THEY EXPECT TO, TO FINISH THEM.
UM, THIS NEXT SECTION IS A, UH, KIND OF A BEFORE AND AFTER.
SO WHEN THE DISTRICT WAS CREATED BACK IN 2008, THE TOTAL VALUE WAS FROM 137.8 MILLION.
IT'S NOW 627.9, AND THAT'S A 356% INCREASE FROM, YOU KNOW, IN 19 YEARS.
AND THE, THE INCREMENT THAT WE EXPECT TO COLLECT FOR, UH, FISCAL YEAR 25 IS 3.9 MILLION.
UM, THEN THIS NEXT SECTION IS GOALS, UM, THAT AGAIN, ARE, UH, IN CHRONOLOGICAL ORDER.
AND I WANTED TO STOP ON PAGE 14 AND A ADDRESS REALLY WHAT THE, THE DISTRICT HAD A VISION BACK WHEN THIS PLAN WAS WRITTEN ALMOST 20 YEARS AGO FOR PRETTY AMBITIOUS, UH, AS FAR AS NEW ROOFTOPS AND RE AND, UM, RETAIL AND COMMERCIAL.
AND WE HAVE NOT MET THOSE GOALS.
WE'RE NOT ANYWHERE NEAR, IF YOU SCROLL DOES A LITTLE BIT MORE.
WE'RE, WE'RE TALKING 17%, 11%, 4%.
UM, THE, THE LIKELIHOOD THAT WE'RE GONNA MEET OUR GOALS, UM, EVEN WITH 13 YEARS LEFT IS UNLIKELY.
SO I THINK THERE'S TWO, MY PERSONAL OPINION, THERE'S TWO REASONS FOR THAT.
ONE, I THINK THAT THE, THE VISION WAS A LITTLE BIT TOO AMBITIOUS AS FAR AS THEIR GOALS.
UM, BECAUSE WE HAVE BEEN SUCCESSFUL, WE HAVE BEEN BRINGING IN NEW DEVELOPMENT.
UH, BUT I THINK THE GOAL, THE BAR MIGHT HAVE SET, BEEN SET A LITTLE BIT TOO HIGH AS FAR AS RETAIL AND, UM, OFFICE AND
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THE CANYON.THERE WAS A PLAN IN PLACE THAT WAS GOING TO BE BRINGING IN PROBABLY A GOOD 40% OF THIS EXPECTATION.
AND THE CANYON DEAL DID NOT GO THROUGH.
SO GROWTH IN THE CANYON HAS BEEN SLOWER THAN ANTICIPATED, BUT AS WE JUST TALKED ABOUT WITH THE, UM, THE ADDITION OF METROCARE AND THE, THE, UM, WINGS AND INFINITY, I THINK THAT, THAT THERE'S TIME LEFT TO GET A LOT CLOSER TO OUR GOAL, BUT IT, IT IS UNLIKELY THAT WE WILL MAKE IT.
IT, NOT ALL OF THEM MAKE THEIR GOAL.
SOME FALL A LITTLE BIT SHORT, SO IT'S NOT ANY REFLECTION ON, UM, ON THE SUCCESS OF THE, OF THE CITY AND ITS GROWTH.
OKAY, THE NEXT GOAL WAS ENCOURAGED THE REDEVELOPMENT OF PROPERTIES ALONG WEST DAVIS.
SO IF YOU SCROLL DOWN A LITTLE BIT, THIS IS, WE'RE GONNA BE ADDRESSING THE, THE, UM, COMPLETE STREETS.
IF YOU KEEP GOING, THERE'S GONNA BE A HIGHLIGHT ABOUT THE WEST DAVIS COMPLETE STREET, UM, PROJECT.
PHASE ONE IS HAMPTON ROAD TO CLINTON AVENUE.
UM, THEY DIDN'T GET THE RESPONSE THAT THEY WERE LOOKING FOR FROM THE BUSINESS OWNERS.
SO THEY, THEY REACHED OUT AGAIN THROUGH CERTIFIED MAIL, CERTIFIED MAIL, AND THE DEADLINE FOR RESPONSE ON THAT WAS YESTERDAY.
AND SO NOW THEY'RE TAKING THAT FEEDBACK AND THEY'RE GOING BACK INTO THEIR SECOND PHASE OF DESIGN TO INCORPORATE THAT FEEDBACK.
AND THEY'LL CONTINUE ON, ON, UH, DESIGN.
I DON'T HAVE AN ANY UPDATES FROM THEM AS TO WHEN THEY'RE PLANNING ON ENDING THE DESIGN PHASE, EXCUSE ME.
BUT AS WE MOVE ON WITH OUR ITIES THROUGHOUT THE YEAR, I'LL DO UPDATES ON THAT.
UM, AND THEN MOVING DOWN, I THINK THAT WE TALK ABOUT THE TRANSPORTATION GOAL.
YES, IMPROVED TRANSPORTATION, SPECIFICALLY REGARDING STREET IMPROVEMENTS.
AND IF WE SCROLL DOWN, THAT'S GONNA BE IN THE FORM MOST RECENTLY OF THE ROSEMONT SAFE FROST TO SCHOOL IMPROVEMENTS.
YOU CAN SEE SOME BEFORE AND AFTER, UM, SHOTS OF THAT, AS WELL AS TWO NEW TRAFFIC SIGNALS IMPROVED AT COLORADO AND HAMPTON AND HAMPTON AT PLYMOUTH.
AND THEN ONE MORE DOWN, UH, NEW SAFETY IMPROVEMENTS ADDED TO THE TYLER POLE ROUNDABOUT.
Y'ALL ALL KNEW LAST YEAR OF, UM, REPEATED ACCIDENTS HAPPENING IN THAT ROUNDABOUT, AND LARGELY IN PART TO, UH, DUE TO COUNCILMAN WEST'S INTERVENTION AND HELP WITH THAT.
THERE'S NEW LED LIGHTS, OUR SIGNS, STRIPING SPEED LIMITS SIGNS, WATER FIELD BARRIERS, AND THEY'RE PLANNING ON PUTTING A CEMENT GUARDRAIL INSIDE THE ROUNDABOUT, UM, THIS FISCAL YEAR.
UM, AND THEN AS FAR AS INCREMENT COLLECTION GOAL, THE, THE, UM, THE, THE GOAL OF SETTERS LOOKED AT 104 MILLION OVER THE 32 YEARS LIFE OF THE TIF.
RIGHT NOW WE'RE AT 20 MILLION, WHICH IS 20%.
SO AGAIN, THIS CORRELATES WITH THE SLOW GROWTH WITH REVENUE I RETAIL IN OFFICE.
AND I, I EXPECT TO SEE THAT NUMBER, UM, RISE IN A, IN A MORE IMPRESSIVE FASHION AS WE KEEP DEVELOPING THE CANYON.
THE NEXT SECTION IS GOING TO BE THIS BUDGET.
AND THIS BUDGET IS THE, UH, LET'S SEE.
THIS IS, THIS SHOWS CURRENT BUDGET CAPACITY IS NOT OUR ACTUAL CASH BUDGET.
UM, IT'S CAPACITY BASED ON TOTAL DO TOTAL DOLLAR PROJECTION USING OUR NPV AS A BENCHMARK.
THIS BUDGET IS ALWAYS VERY CONFUSING, AND THAT'S THE EXPLANATION FOR THAT.
AND THEN IF WE KEEP GOING DOWN, I THINK WE CAN GO INTO THE FINANCIAL OR THE WORK PROGRAM.
UM, WE, WE SET A PRETTY, UM, GENERAL WORK PROGRAM, AND THEN WE TACKLE, UH, PROJECTS AS THEY COME OUR WAY.
BUT GENERALLY SPEAKING, WE ENCOURAGE DEVELOPMENT IN LINE WITH THE PLAN, UM, THE PROJECT PLAN AND REINVESTMENT ZONE FINANCING PLAN.
AND WE WANNA COMPLETE THE ROADS MONTE EFFECTS SCHOOL PROJECT IMPROVEMENTS THROUGH CONSTRUCTION.
UH, THE NEXT FOUR PAGES ARE THE FINANCING INFORMATION.
AND AGAIN, WE HAVE THE, OUR FINANCE TEAM ON THE PHONE IN CASE THERE'S ANY SPECIFIC QUESTIONS.
I DID WANNA DRAW YOUR ATTENTION TO THESE, THESE NUMBERS IN THESE SCREEN BOXES.
UM, THIS IS THE, THE INCREMENT THAT WE ARE, UM, EXPECTED TO COLLECT FROM FISCAL YEAR 25, UH, 2.9 FROM THE CITY, UH, INCREMENT 7, 721, 7 65 FOR THE COUNTY, WHICH IS A TOTAL OF ABOUT 3.6 OVERALL IN INCREMENT COLLECTION.
AND THEN THAT NETS OUT TO NINE POINT, WHAT IS THAT? 9.4?
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UH, OVERALL, THAT'S NOT OUR ACTUAL CASH BALANCE.THAT IS AS OF THE END OF SEPTEMBER.
OUR CASH BALANCE IS, UH, PROBABLY ABOUT A MILLION LESS THAN THAT.
AND THAT HAS TO DEAL DO WITH AFFORDABLE HOUSING, SET, ASIDES, ADMINISTRATIVE COSTS, UM, THE, UH, DISTRICT WIDE SET ASIDE AND, AND, AND SO FORTH.
BUT IT'S CLOSE TO VERY CLOSE TO THAT.
AND THEN THE SHORTER BOX IS OUR, UM, YEAR TO DATE.
AND YOU CAN SEE OVER THE 19 YEARS THE DISTRICT'S BEEN ACTIVE.
WE'RE AT ABOUT 21 MILLION IN OVERALL COLLECTIONS.
UM, AND WE ARE NEARING THE END.
I THINK THE LAST SECTION IS JUST A HIGHLIGHT ON THE DISTRICT WIDE SET ASIDE, ONE MORE PAGE AFTER THAT.
WE, RIGHT NOW, OUR BALANCE IN DISTRICT WIDE SET ASIDE IS 4 56, 799.
AND THESE, THAT, THAT MONEY IS TO BE APPLIED TO, TO PROJECTS THAT AFFECT THE ENTIRE DISTRICT OR COULD BE ACCESSED BY THE ENTIRE DISTRICT, LIKE ROSEMONT, SAY, ACROSS THE SCHOOL PROGRAM.
AND YOU CAN SEE IT A LISTING OF THE DIFFERENT WAYS THAT MONEY CAN BE SPENT.
SO THAT CAPTURES THE HIGHLIGHTS.
I AM HAPPY TO ANSWER ANY SPECIFIC QUESTIONS YOU MAY HAVE ABOUT THE ANNUAL REPORT.
UM, I, I THINK I BELIEVE YOU READ INTO THE RECORD HOW THAT THE, THE ANNUAL REPORT IS, OR ON THIS ITEM THAT THIS IS SUBJECT TO CHANGE.
UM, BASED ON COUNCIL, ANY EDITS THAT ARE MADE BETWEEN NOW AND WE'LL GO TO COUNCIL, THEY WOULD, THEY WOULD NOT BE SU SUBSTANTIVE IN NATURE.
AND IF BY CHANCE THEY WOULD BE, IT WOULD BE, I WOULD SEND IT BACK OUT TO YOU AND LET YOU KNOW OF THOSE CHANGES.
BUT, UM, IT'S IMPORTANT TO NOTE THAT THIS IS A DRAFT.
ANY QUESTIONS I CAN ANSWER FOR YOU.
IF YOU THINK OF SOMETHING LATER ON, YOU CERTAINLY CAN EMAIL ME OR CALL ME.
UH, THIS GOES TO COUNCIL AT THE LA 26, OR IT'S THE LAST MEETING IN FEBRUARY.
UM, AND WE TAKE ALL OF OUR, UM, TIFF REPORTS TO COUNCIL AT ONE TIME.
UH, AND THEN WE WILL BE PUT THIS TO BED FOR THE, UH, FOR THE TIME BEING.
THE STAFF IS REQUESTING A RECOMMENDATION FROM THE BOARD FOR THIS ITEM AS PRESENTED, AND THAT THE BOARD FORWARD A RECOMMENDATION OF APPROVAL OF CITY COUNCIL.
ANY MOVEMENT FOR APPROVAL SHOULD INCLUDE THE CAVEAT THAT THE REPORT IS SUBJECT TO CHANGE PRIOR TO COUNCIL APPROVAL.
AT THIS POINT, I'LL ENTERTAIN A MOTION FOR AGENDA ITEM SIX.
I'LL MAKE A MOTION TO APPROVE.
I HAVE A MOTION TO APPROVE AGENDA ITEM SIX AS PRESENTED WITH CATION OF APPROVAL TO THE COUNCIL WITH A NOTE THAT THE REPORT IS SUBJECT TO CHANGE PRIOR TO COUNCIL APPROVAL BY STEPHANIE.
I SECOND, SECOND, SECOND BY LOUISE.
ALL IN FAVOR, RAISE YOUR HAND AND PLEASE KEEP IT RAISED UNTIL THE VOTE IS FINALIZED.
ITEM NUMBER SEVEN, REVIEW AND CONSIDERATION OF THE REGULAR MEETING SCHEDULED DAVIS VERDICT.
TIFF, DISTRICT BOARD OF DIRECTORS DURING CALENDAR YEAR 2026.
BLAKE, DO YOU HAVE A PRESENTATION FOR THIS ITEM? YEAH.
ROY, CAN YOU PULL THAT BACK UP? IT WAS THE VERY LAST PAGE OF THAT PACKET.
UM, SO BOARD, I'M, I'M, I'M PROPOSING THAT WE KEEP THE SAME SYSTEM.
IT'S WORKED FOR SEVERAL YEARS NOW, AND THAT IS THE THIRD WEDNESDAY OF THE THIRD MONTH AT 3:00 PM AND THOSE ARE THE ACTUAL DATES THERE.
UM, AND IF THAT'S, IF THAT L ANYBODY HAS AN OBJECTION, THAT'S WHAT I AM PUTTING OUT THERE FOR A VOTE.
UH, MARCH 18TH IS THE DISD SPRING BREAK.
I MAY PROPOSE MAYBE THE FOURTH WEDNESDAY FOR JUST MARCH.
IF THAT WORKS, OR WE CAN FIGURE OUT, I DUNNO IF, I DUNNO IF IT THROWS EVERYBODY OFF TO DO TWO O'CLOCK, BUT, UM, MY PICKUP SCHEDULE, UH, I USUALLY HAVE TO LEAVE AT THREE TO PICK UP.
I, I'M NOT CLOSE TO 2:00 PM PERSONALLY, I'M, YEAH, I THINK IT'S TOTALLY FINE WITH ME.
SO WE WOULD AMEND THIS, WE WOULD AMEND THIS TO SAY, UM, THE THIRD WEDNESDAY, THE THIRD MONTH'S AT 2:00 PM AND THE CAVEAT THAT THE MAR WEDNESDAY, MARCH 18TH WILL BE THE, YOU SENT THE FOLLOWING THE 25TH.
SO THAT'S, THAT'S A RECOMMENDATION.
THAT MAY CONFLICT AT 2:00 PM WITH MY PRE-DEVELOPMENT MEETINGS, UNLESS WE DON'T HAVE ANY, UH, SO I WILL TRY MY BEST TO NOT SCHEDULE ANY OR NOT HAVE PEOPLE COME TO ASK FOR DEVELOPMENT PLANS.
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OKAY.DO WE WANT TO CONSIDER DOING ONE OR THE BOARD CAN MEET ANYTIME THEY WANT? WE, YOU CAN MEET ANYTIME YOU WANT.
AND YOU SAID WEDNESDAY OR, BUT TODAY'S TUESDAY.
DO WE WANT DO TUESDAY? TODAY'S TUESDAY I WEDNESDAY WORKS FINE.
GLAD YOU SO WE, WE'VE, WE'RE CHANGING TO WEDNESDAYS.
I I'M GLAD YOU BROUGHT THAT UP, STEPHANIE.
TH THIS IS A, THE BOARD SETS A REGULAR MEETING SCHEDULE AND THESE ARE ALL CONSIDERED CONFIRMED REGULAR MEETING DATES, BUT WE CAN MEET ANYTIME WE WANT.
IT'S JUST CONSIDERED A SPECIAL MEETING.
THAT'S WHAT HAPPENED WITH TODAY.
WE HAD TO, TO PUSH OUR REGULAR SCHEDULED MEETING OUT.
AND SO THAT'S WHY WE'RE ON A TUESDAY.
SOUNDS WHAT JUST HAPPENED? LUIS CAN DO, CAN DO WEDNESDAYS AT TWO.
AND IT'LL BE THE THIRD WEDNESDAY OF THE MONTH EXCEPT FOR MARCH 25TH, SO.
SO WE HAVE TO GET A VOTE ON THAT.
I NEED A MOTION FOR AGENDA ITEM SEVEN.
I HAVE A MOTION BY LOUISE TO APPROVE THE QUARTERLY MEETING SCHEDULE TO THE THIRD PARDON.
GONNA PUT IN AS AMENDED ON WEDNESDAY AT 2:00 PM TO APPROVE THE QUARTERLY MEETING SCHEDULE AS AMENDED ON THE THIRD WEDNESDAY OF THE THIRD MONTH OF EACH QUARTER AT 2:00 PM EXCEPT FOR MARCH 18TH TO BE MARCH 25TH.
DO I HAVE A SECOND? SECOND BY STEPHANIE.
ALL IN FAVOR, RAISE YOUR HAND AND PLEASE KEEP IT RAISED UNTIL THE VOTE IS FINALIZED.
MOTION PASSES UNANIMOUSLY SAY NO FURTHER BUSINESS.
WE CAN MOVE ON TO ITEM NUMBER EIGHT, ADJOURNMENT.
I DECLARE THIS MEETING ADJOURNED AT 3:32 PM THANK YOU EVERYONE.
AND THEN THIS IS ON THE OS HIGHWAYS, THE BIG TOWN CENTER.
WHO WAS THE, WHO MADE THE MOTION FOR THE, THE LAST ITEM? STEPHANIE, SECOND LOUIS.