* 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.
          [00:00:02]
          GOOD AFTERNOON. 
          IT IS NOW 
          [Transportation and Infrastructure on February 17, 2026.]
1:05 PM ON FEBRUARY 17TH, 2026, AND I'M CALLING TO ORDER THE TRANSPORTATION AND INFRASTRUCTURE COMMITTEE. 
          OUR FIRST ORDER OF BUSINESS IS APPROVAL OF THE MINUTES FOR THE JANUARY 20TH TRANSPORTATION AND INFRASTRUCTURE COMMITTEE MEETING. 
          SECOND. 
          SECOND. 
          ANY DISCUSSION? ALL THOSE IN FAVOR, PLEASE SAY AYE. 
          AYE. 
          ANY OPPOSED? MOTIONS APPROVED. 
          MINUTES ARE APPROVED. 
          NEXT ITEM IS BRIEFING ITEM, A COMPREHENSIVE STORMWATER ASSESSMENT OVERVIEW FROM SARAH STANDIFER, DIRECTOR OF DALLAS WATER UTILITIES. 
          GOOD AFTERNOON CHAIR, HONOR MAYOR'S, UH, MEMBERS OF COUNCIL WITH ME TODAY. 
          I HAVE EDUARDO VALERIO. 
          HE IS OUR ASSISTANT DIRECTOR OVER OUR STORMWATER OPERATIONS PROGRAM, AND MATTHEW PINK IS OUR DEPUTY DIRECTOR OVER OUR CAPITAL DEVELOPMENT PROGRAM, UM, AS INTRODUCED. 
          I'M SARAH STAND FOR THE DEPARTMENT DIRECTOR. 
          UM, WE'RE EXCITED TO BRING THIS BRIEFING TO YOU. 
          THIS IS THE FIRST OF OUR COMPREHENSIVE ASSESSMENTS FOR THE STORM DRAINAGE SYSTEM. 
          IT'S RELATIVELY NEW ACROSS THE COUNTRY. 
          WE WERE SOME OF THE FIRST OUT ACROSS THE COUNTRY TO ACTUALLY COME IN AND LOOK AT THESE AS A FULL SYSTEM. 
          UM, ON THE FIRST SLIDE, JUST TO KINDA GIVE YOU A QUICK SUMMARY OF WHAT WE'RE GONNA DO, WE'RE GONNA LOOK AT THE DRAINAGE SYSTEM AS A WHOLE. 
          WE'RE GONNA OUTLINE THE FUNCTIONS THAT ARE WITHIN THAT STORM DRAINAGE MANAGEMENT PROGRAM. 
          WE'RE GONNA GO OVER SORT OF THE OBJECTIVES OF THIS STUDY THAT WAS UNDERTAKEN, THAT LOOKS AT BOTH OPERATIONAL AND CAPITAL KIND OF A TENURE. 
          WHAT DO WE NEED AND HOW DO WE GET THERE? UM, I'M GONNA DO A QUICK OVERVIEW ON OUR RATES AND DEVELOPMENT THAT PLAYS INTO THE ONGOING CONVERSATIONS WE'VE HAD ABOUT HOW WE FUND THE DRAINAGE PROGRAM AND CAPITAL IN THE FUTURE. 
          AND THEN WE'LL KIND OF TALK ABOUT NEXT STEPS. 
          SO ON SLIDE THREE, JUST AS A REMINDER, OUR STORM DRAINAGE SYSTEM IS COVERED UNDER A MUNICIPAL STORM SEWER PERMIT. 
          INCLUDED IN THAT PERMIT ARE ACTIVITIES ACROSS THE CITY THAT WE WORK ON. 
          IT IS ALSO SORT OF HOW WE HAVE OUR OTHER SISTER DEPARTMENTS, UM, WORK ON DIFFERENT PIECES THAT WE REIMBURSE THEM FOR. 
          WE HAVE 11 PUMP STATION SITES. 
          SO THERE'S SEVERAL STATIONS WITHIN A SITE. 
          WE HAVE ABOUT 661 MILES OF CREEK ACROSS THE CITY. 
          WHAT IS UNIQUE TO THAT IS THAT THERE'S ONLY ABOUT 160 MILES THEIR CITY OWNED. 
          SO IN THE REMAINING MILEAGE, THOSE ARE OWNED BY THE PRIVATE PROPERTY OWNER TO THE CENTER LINE OF THE CREEK. 
          THEY'RE RESPONSIBLE FOR ALL MAINTENANCE TREES, VEGETATION EROSION, UM, WITHIN THEIR PURVIEW OF THEIR PRIVATE OWNERSHIP. 
          THERE'S ALSO ABOUT 34,000 ACRES OF FLOODPLAIN. 
          SO THAT IS ALSO A PUBLIC-PRIVATE COMBINATION FLOODPLAIN. 
          UM, LAND CAN BE DEVELOPED UNDER CERTAIN CONDITIONS THAT MEET OUR REGULATORY REQUIREMENTS. 
          WE HAVE SIX PRESSURE SEWERS THAT BRING IN THE WATER TO THE TRINITY, AND WE HAVE ABOUT A 30 MILE LEVEE SYSTEM ON SLIDE FOUR. 
          UM, THIS PICTURE IS REALLY MORE A REPRESENTATION OF SORT OF THE HISTORY OF URBANIZATION. 
          SO DALLAS IS AN OLDER CITY. 
          WE STILL HAVE SYSTEMS AND PIPES IN PLACE THAT ARE FROM THE THIRTIES AND FORTIES. 
          UM, SOME OF THEM ARE CLAY. 
          SO THE OLDER THEY ARE, THE CLAY, THEY ARE ALL AT THE TIME THAT THEY WERE DEVELOPED, BUILT TO THAT STANDARD, RIGHT? SO, UM, ABOUT 85% OF OUR SYSTEM IS UNDERSIZED TODAY TO MEET CURRENT STANDARDS. 
          UH, THE OTHER PIECE THAT IS REALLY IMPORTANT IN HERE IS THAT WE ARE A, UH, NFIP COMMUNITY. 
          WE'RE A COMMUNITY RATING SYSTEM. 
          YOU ALL HAVE HAD FEMA COME TALK WITH Y'ALL PREVIOUSLY. 
          WE'RE A CLASS THREE, WHICH MEANS ANY OF OUR PROPERTY OWNERS WHO DO HAVE PROPERTY WITHIN A FLOOD PLAIN RECEIVE A 35% DISCOUNT ON THEIR FLOOD INSURANCE. 
          THAT'S MANDATORY IF THEY HAVE A FEDERALLY BACKED MORTGAGE. 
          UM, ON THE NEXT SLIDE, JUST AS A KIND OF QUICK SUMMARY, YOU'LL SEE THE DIFFERENT DIVISIONS THAT WORK ON THE SYSTEM. 
          SO WE'RE LOOKING AT BOTH HARD SYSTEMS, SO PIPES, LEVEES, PUMP STATIONS, CULVERTS, CREEKS FROM THE NATURAL SYSTEMS, AND THEN OUR FLOODWAY MANAGEMENT AREAS. 
          WE HAVE A NEIGHBORHOOD DRAINAGE SERVICE TEAM THAT WAS FULLY ESTABLISHED IN FY 2018. 
          THEY WERE RELATIVELY NEW. 
          PREVIOUSLY WE WERE WORKING AS A SMALLER TEAM ACROSS ALL OF THE CITY. 
          MORE RESPONSIVE AS OPPOSED TO PROACTIVE. 
          WE HAVE OUR STORMWATER COMPLIANCE TEAM. 
          THAT TEAM DOES OUR WATER QUALITY, OUR INDUSTRIAL AND CONSTRUCTION INSPECTIONS. 
          IT'S THE TEAMS THAT MAKE SURE THAT OUR FOOTPRINTS DON'T END UP INTO THE CREEKS AND WATERWAYS. 
          WE HAVE A FLOODWAY OPERATIONS TEAM. 
          THEY MANAGE OUR FLOODED ROADWAY WARNING SYSTEMS. THEY MANAGE OUR PUMP STATIONS, ALL OF YOUR ALERT SYSTEMS, UM, AND THEN LEVY AND SUMP MAINTENANCE. 
          OUR FLOODPLAIN MANAGEMENT GROUP IS OVERSEEING BOTH SORT OF THE PRIVATE DEVELOPMENT. 
          SO PERMITTING REQUIREMENTS. 
          THEY'RE PASSED THROUGH FROM THE FEDS DOWN TO US. 
          THEY'RE HELPING GUIDE DECISION MAKING AS WE MOVE FORWARD. 
          AND THEY RUN THAT COMMUNITY RATING SYSTEM. 
          THEY ALSO DO OUR DESIGN AND OVERSEE OUR CONSTRUCTION PROJECTS THAT ARE PUBLIC INFRASTRUCTURE RELATED. 
          UM, JUST AS A 
          [00:05:01]
REPEAT ON SLIDE SIX, THIS IS WHAT YOU ALL APPROVED FOR THE FY 26 BUDGET AND THE PLAN 27 BUDGET BY PROGRAM, UH, SYSTEMWIDE EXPENSES. 
          A NOTATION ON THAT, THAT IS, UM, ALSO INCLUSIVE OF WHERE WE REIMBURSE OTHER CITY DEPARTMENTS FOR WORK THAT THEY'RE DOING ON OUR BEHALF. 
          AT THIS POINT, I'M GONNA TURN IT OVER TO EDUARDO AND LET HIM TALK A LITTLE BIT ABOUT WHERE WE'RE HEADED AND THEN WE WILL HAND IT BACK OVER TO Y'ALL. 
          THANK YOU. 
          UH, MOVING TO THE CAPITAL IMPROVEMENT PROGRAM, OUR CAPITAL IMPROVEMENT PROGRAM FOCUSES ON FLOOD MANAGEMENT, STORM DRAINAGE RELIEF, AND EROSION CONTROL. 
          THESE ARE THE THREE CATEGORIES WE OVERSEE UNDER THE CIP, AND THIS INVESTMENTS REDUCE FLOOD RISK AND PROTECT PROPERTY. 
          ON SLIDE NUMBER EIGHT, THE C-S-D-S-A ASSESSMENT AIMED TO REVIEW ORGANIZATION STRUCTURE AND BUSINESS PROCESSES, BENCHMARK AGAINST PEERS, FOLLOWED BY A GAP ANALYSIS AND IN WHICH DEVELOP RECOMMENDATIONS TO STRENGTHEN OUR ORGANIZATION AND SERVICES. 
          UM, WE DEVELOP GUIDED SMARTER INVESTMENTS, UH, SUPPORTED BY RISK AND CONDITION-BASED RECOMMENDATIONS RESULTING IN DATA-DRIVEN DECISIONS. 
          NEXT SLIDE ABOUT BENCHMARKING AND GAP ANALYSIS. 
          WE COMPARE DALLAS TO PIER UTILITIES NATIONWIDE. 
          UH, TO MENTION SOME, UH, WE SPOKE AND COORDINATED WITH AUSTIN, CHARLOTTE, LOUISVILLE, METROPOLITAN STORE DISTRICT, SAN ANTONIO, AND MARICOPA COUNTY. 
          BEST PRACTICES WERE IDENTIFIED IN DRAINAGE MAINTENANCE AND FLOOD CONTROL, STORM WATER QUALITY MONITORING AS WELL, PLANNING AND FUNDING STRUCTURES. 
          UH, AS A RESULT OF THAT, WE PERFORM A GAP ANALYSIS AS WELL COMPARE CURRENT STORMWATER CAPABILITIES TO INDUSTRY STANDARDS AND REGULATORY EXPECTATIONS. 
          THE KEY TAKEAWAYS FROM THESE TWO EFFORTS, UH, WE IDENTIFIED STAFFING GAPS FROM SOME OF OUR PROGRAMS. UH, WE IDENTIFIED AN ASSET MANAGEMENT, THAT PROGRAM THAT NEEDS TO BE FORMALIZED AS WELL, THAT INCLUDES INSPECTION AND STRENGTHEN OUR CIP PRIORITIZATION PROCESS. 
          UH, MONITORING AND ENFORCEMENTS CAN BE A STRENGTHENED AS WELL. 
          AND ALSO A LONG-TERM FINANCIAL PLANNING THAT WE, YOU KNOW, SHOULD BE EXPANDED AS WELL AS PART OF THESE FINDINGS. 
          TAKEAWAYS FROM THESE TWO EFFORTS, UH, THESE ARE COMMON GROWTH AREAS FOR MATURE UTILITIES, SUCH AS DALLAS SLIDE NUMBER 10, UH, ORGANIZATION. 
          A 10 YEAR ORG STRUCTURE PLAN WAS PROPOSED FOR A STABILITY. 
          UH, THESE ORG CHART, UH, PROPOSED ORG, UH, FOCUS ON AREAS ENVIRONMENTAL RESOURCES IS ONE, INFRASTRUCTURE MANAGEMENT, PLANNING AND ENGINEERING AND BUSINESS SUPPORT. 
          THESE ARE, UH, PROGRAMS THAT WE HAD ALREADY IN PLACE, BUT WE IDENTIFY GAPS WHERE WE COULD FORMALIZE OUR PROGRAMS AND PROCESSES AND STRENGTHEN OUR SERVICES WITHIN THESE DIVISIONS AND PROGRAMS THAT WE HAVE WITH DALLAS. 
          SLIDE SLIDE NUMBER 11. 
          STORM DRAINAGE CONDITION ASSESSMENT IS IMPORTANT FOR PUBLIC SAFETY AND FLOOD RISK REDUCTION. 
          UH, WE IDENTIFIED THE, UH, CCTV INSPECTIONS AND THE SCORING GUIDE. 
          DECISIONS ARE, ARE CRITICAL AND NEED TO BE FORMALIZED IN A WAY THAT WE CAN, UH, HAVE GUIDED DECISIONS. 
          DATA-DRIVEN DECISIONS, ABOUT 10% OF THE SYSTEM IS INSPECTED ANNUALLY. 
          AND MOVING TO SLIDE NUMBER 12, EXPANDING ON RISK PRI RISK PRIORITIZATION ANALYSIS. 
          UH, THIS IS THE FIRST FULL ASSET MANAGEMENT FRAMEWORK IN WHICH WE INCLUDED ABOUT 1700 MILES. 
          UH, WE USE THE BUSINESS RISK EXPOSURE METHODOLOGY THAT ACCOUNTS FOR LIKELIHOOD OF FAILURE AND CONSEQUENCE OF FAILURE. 
          THIS EFFORT WAS FOCUSED ON LARGE PIPES 24 INCH AND GREATER. 
          AND THE RESULTS FROM THIS EFFORT, WE IDENTIFIED 70% OF OUR INFRASTRUCTURE, UH, IS LOW RISK, 29% MODERATE, AND 1.5% HIGH RISK. 
          WE CONFIRMED THAT STANDARDIZED DATA DRIVEN RENEWAL DECISION TREE WOULD HELP US IN A WAY TO GUIDE MAINTENANCE REHABILITATION VERSUS REPLACEMENTS AND PRIORITIZATION AS WELL. 
          NEXT SLIDE. 
          THE C-S-D-S-A STORM WATER SYSTEM MODELING. 
          WE LOOKED AT THE CITY'S WATERSHEDS IN TERMS OF FLOOD RISK CRITERIA THAT INCLUDED SEVERITY, FREQUENCY AND TYPE OF ISSUE. 
          THIS INFORMATION CAME FROM, UM, WE USE INFORMATION FROM PRIOR STUDIES, PUBLIC CALLS, 3 1 1 INQUIRIES, HISTORICAL 
          [00:10:01]
STREET FLOODING REPORTS THAT ALLOW US TO IDENTIFY THESE 47, UH, WATERSHEDS AS HIGH RISK AREAS TO STUDY. 
          AS A RESULT OF THAT, WE IDENTIFY, UH, 2,600 STRUCTURES AND 56 MILES. 
          A ROADS WERE IDENTIFIED AS FLOOD PRONE AND RESULTING IN 106 MITIGATION CONCEPTS WERE DEVELOPED TO IDENTIFY POTENTIAL SOLUTIONS TO, UH, REDUCE, UH, FLOOD RISK WITHIN THESE NEIGHBORHOODS. 
          UH, WE, IN ADDITION TO THAT, IDENTIFY 10 PRIORITY AREAS ADVANCE FOR A DETAILED STUDY THAT WE CAN ADVANCE THOSE AREAS INTO DESIGN IN THE FUTURE INTO CONSTRUCTION AS WELL. 
          YOU KNOW, ONCE AGAIN, THE GOAL WAS TO HELP US TARGET INVESTMENTS WHERE THEY MATTER MOST. 
          NEXT SLIDE. 
          EXPANDING INTO THE CAPITAL PLANNING PROCESS, UH, WILL BE FORMALIZING THE PROCESS ON HOW PROJECTS ARE PRIORITIZED. 
          UH, SOME OF THE RECOMMENDATIONS INCLUDED ENHANCEMENT CATEGORIZATION ENHANCE OUR CATEGORIZATION ON THE NEEDS INVENTORY SO THAT WE CAN BETTER, UH, PLAN AND IDENTIFY NEEDS, UH, AND PRIORITIZATION TOOLS AS WELL. 
          AND THE FUNDING PRIORITY AND SEQUENCE THAT WAS IDENTIFIED AS PART OF THIS EFFORT WAS TO, UH, IDENTIFY THE THREE AREAS THAT WE'LL NEED TO ALLOCATE FUNDING AS THE NUMBER ONE PRIORITY, LIFE SAFETY, REGULATORY MANDATES AND INFRASTRUCTURE FAILURES. 
          AND THEN NUMBER TWO, SUBSEQUENT FACING AND ONGOING PROJECTS. 
          THESE ARE LIKE SECOND, THIRD PHASES OF INFRASTRUCTURE, DRAINAGE PROJECTS THAT WE HAVE ON THE CONSTRUCTION, UH, THAT WE CAN ADVANCE, UH, THE INFRASTRUCTURE TO THOSE NEIGHBORHOODS AS WELL. 
          SLIDE NUMBER 15. 
          THE NEEDS INVENTORY SITS AS OF TODAY AT $8.73 BILLION. 
          AS A REMINDER, THIS, THE NEEDS INVENTORY BUILDS A CITYWIDE DATABASE WITH ESTIMATED COST. 
          THIS IS DATA INPUTS, UH, THAT COME FROM REPORTED FLOODING FROM RESIDENTS AND BUSINESSES AND STUDIES, UH, INFORMATION THAT WE CAPTURE AND WE ENTER INTO THE NEEDS INVENTORY. 
          UH, THESE ARE 20, $25 ESTIMATES AND MAY CHANGE OVER THE YEARS, AND THIS REPRESENTS LONG-TERM NEEDS, NOT IMMEDIATE SPENDING. 
          SO WITH THAT, I'LL TURN IT OVER TO SARAH. 
          SO, UM, TO KIND OF WRAP THIS UP AS A REMINDER, IN 2017, IT WAS SORT OF THE FIRST OF A RATE INCREASE THAT LOOKED AT CREATING A PAY AS YOU GO PROGRAM TO FUND THESE CAPITAL INVESTMENTS. 
          SO WE KNEW THAT IT WASN'T WORKING, UM, THE WAY THAT EVERYBODY WANTED IT TO. 
          WE HAD DONE A COMMUNITY BOND TASK FORCE. 
          THAT TASK FORCE HAD COME OUT WITH RECOMMENDATIONS TO THE COUNCIL THAT SAID, YOU NEED TO PHASE OUT OF A BOND PROGRAM. 
          YOU NEED TO PHASE INTO PAY AS YOU GO, AND EVENTUALLY REVENUE BONDS OF SOME SORT SO THAT THERE IS A RELIABLE METHOD TO FUND DRAINAGE SO THAT WE DON'T END UP KINDA WHERE WE ARE TODAY, RIGHT? WE WANNA BE ABLE TO GET AHEAD OF THE SYSTEM. 
          WE'RE NOT GOING TO, WE'RE NOT GONNA GET AHEAD, BUT WE'RE GONNA DO WHAT'S RIGHT FOR THE SYSTEM. 
          SO THAT WAS THE FIRST RATE INCREASE SINCE THE, WE HAD ONE SMALL RATE INCREASE IN LIKE 2009, BUT BEFORE THAT IT WAS THE NINETIES. 
          SINCE THAT RATE HAD BEEN INCREASED DURING THE 24 25 TIMEFRAME, Y'ALL ALSO AUTHORIZED US TO MOVE FORWARD WITH, UM, COS OR CERTIFICATES OF OBLIGATION SO THAT WE COULD ACTUALLY BEGIN TO ISSUE A DEBT SERVICE PROGRAM TO GET MOVING. 
          AND THEN LATER ON THIS YEAR, IN THE NEXT SLIDE, YOU'RE GONNA SEE THE UPCOMING AGENDA ITEM THAT WE'LL TALK ABOUT A COMMERCIAL PAPER PROGRAM SO THAT WE CAN MOVE THE DRAINAGE FORWARD ON THAT SCHEDULE THAT WE'RE SHOWING YOU IN KIND OF $10 MILLION INCREMENTS OVER TIME. 
          UM, SLIDE 17 SHOWS YOU THE ILLUSTRATION OF THIS. 
          THIS IS WHAT YOU HAVE SEEN IN PRIOR BUDGET BRIEFINGS AND CONVERSATIONS. 
          BUT OVER TIME, WE WILL GET TO ABOUT A $95 MILLION CAPITAL PROGRAM FOR DRAINAGE EACH YEAR. 
          IT ALLOWS US TO PUT SOME RELIABILITY IN THE SYSTEM AND WE CAN PLAN PROJECTS AND EXECUTE. 
          ON SLIDE 18, THIS SHOWS YOU YOUR KIND OF YOUR RESIDENTIAL RATE FOR THOSE RATE PAYERS THAT EVERYBODY PAYS DRAINAGE YOU PAY ON A VACANT CHARGE, AND YOU'RE EITHER A RESIDENTIAL OR NON-RESIDENTIAL CUSTOMER. 
          IT IS AN IMPERVIOUS CALCULATION. 
          UM, YOU CAN SEE IT AS SMALL INCREMENTAL INCREASES. 
          THEY RANGE BETWEEN, UM, FIVE AND A HALF TO ABOUT SIX POINT A HALF PERCENT. 
          THIS ACCOMMODATES GROWTH IN OPERATIONS AS WELL AS THE CAPITAL PROGRAM AND DEBT SERVICE ASSOCIATED. 
          UM, SLIDE 19 IS REALLY JUST KIND OF NEXT STEPS. 
          SO WE'RE GONNA CONTINUE TO FOCUS ON THESE EARLY WINS AND THE COMPREHENSIVE ASSESSMENT THAT WE'VE DONE. 
          WE'RE GONNA CONTINUE TO MOVE FORWARD WITH MAKING THOSE ADJUSTMENTS IN OUR OPERATIONAL PROGRAMS, STRENGTHEN UP SOME OF OUR ASSET MANAGEMENT, UM, AND THEN CONTINUE TO ENHANCE THAT NEEDS INVENTORY AND PLANNING PROCESS AS WE MOVE FORWARD INTO THE NEXT BUDGET YEAR AND CYCLE. 
          YOU'LL ALSO SEE US TALK MORE ABOUT 
          [00:15:01]
THAT RATE AND HOW IT IMPACTS OUR OVERALL OPERATIONS. 
          SO AT THIS TIME, WE'RE HAPPY TO ENTERTAIN QUESTIONS IF YOU'VE GOT SOME. 
          WELL, THANK YOU VERY MUCH FOR THE PRESENTATION, SARAH AND EDUARDO. 
          IT WAS VERY INFORMATIVE. 
          I'LL START WITH QUESTIONS ON MY RIGHT, MS. MENDELSON. 
          THANK YOU. 
          I HAVE VERY FEW ACTUALLY. 
          UM, I'M VERY HAPPY YOU'RE MOVING TO A REVENUE BOND PROGRAM. 
          IT WAS WHY I WAS OPPOSED TO THE GENERAL OBLIGATION BOND PROGRAM, UM, BECAUSE I THINK IT NEEDS TO BE SELF-SUPPORTING. 
          UM, THE, THE QUESTION I HAVE FOR YOU IS FOR THE COMMERCIAL PAPER, WHAT'S THE SOURCE OF REVENUE FOR THAT? IT IS YOUR ACTUAL STORMWATER RATE THAT YOU PAY EACH MONTH. 
          SO IT'S BACKED BY YOUR REVENUE. 
          THANK YOU. 
          AND THEN YOU, UM, ADDED SOME EXTRA, UM, INFORMATION TO THE SLIDE ABOUT WHAT PERCENTAGES WERE OWNED BY THE CITY AND PRIVATE. 
          I WAS WONDERING IF YOU COULD JUST GO BACK THROUGH THAT. 
          UH, YES MA'AM. 
          SO I BELIEVE YOU ARE REFERENCING SLIDE THREE. 
          YES. 
          SO, UM, WE HAVE 1800 MILES OF STORM SEWER. 
          THOSE ARE OWNED BY THE CITY. 
          WE INSPECT THEM, MAINTAIN THEM, AND OPERATE THEM. 
          WE HAVE 11 LEVEE PUMP STATIONS, 661 MILES OF CREEK OF WHICH ABOUT 160 MILES ARE OWNED BY THE CITY. 
          THE REMAINING IS PRIVATE OWNERSHIP IN THE STATE. 
          YOU ON A PRIVATE OWNERSHIP YOU WOULD OWN TO THE CENTER LINE OF THE CREEK, UM, ON THE 34,800 ACRES OF FLOODPLAIN. 
          UM, OFF THE TOP OF MY HEAD, I BELIEVE IT'S ABOUT 12,000 ACRES THAT ARE PRIVATELY HELD. 
          UM, THE REMAINING IS WITHIN SOME, SOME FORM. 
          AND, AND THINK ABOUT, YOU KNOW, THE TRINITY FLOODWAY, YOUR DALLAS FLOODWAY EXTENSION OR THE GREAT 20 FOREST IS A LARGE AMOUNT OF THAT. 
          YOU'VE GOT WHITE ROCK CREEK AROUND THOSE AREAS. 
          UM, PARKS THAT HAVE, UH, LIKE BB PARK OR THOSE THAT HAVE DISCOURSES, THINGS WHERE YOU DON'T BUILD. 
          THOSE ARE OWNED SORT OF IN THE CITY. 
          SO I'M, I'M SORRY, HOW MUCH WAS THAT ON FLOODPLAIN? UM, THERE'S ABOUT 12,000 IN PRIVATE OWNERSHIP. 
          I'LL GET YOU AN EXACT NUMBER AS A FOLLOW UP. 
          THAT'S OKAY. 
          BUT ABOUT 23,000 ACRES ARE WITHIN EITHER DW OR PARKS PURVIEW. 
          OKAY. 
          SO ON THE, UM, THE 160 MILES THAT ARE OWNED BY THE CITY OF THE CREEK COMPARED TO THE 661 MILES TOTAL, THAT'S A LOT OF PRIVATE OWNERSHIP. 
          SO WHEN THERE'S EROSION ISSUES ON THE PRIVATE OWNERSHIP, HOW DOES THAT WORK? THE PRIVATE PROPERTY OWNER IS RESPONSIBLE FOR ANY IMPROVEMENTS, EROSION CONTROL OR MAINTENANCE. 
          THE CITY HAS IN THE LATE EIGHTIES APPROVED A RESOLUTION AUTHORIZING THE CITY TO PLACE THESE IN OUR NEEDS INVENTORY. 
          AND AS FUNDS ARE AVAILABLE, THEN WE COULD FUND THOSE. 
          IF YOU LOOK ON SLIDE, LET ME GET YOU THAT SLIDE, I APOLOGIZE. 
          35. 
          35. 
          THANK YOU . 
          UM, SLIDE 35, YOU WILL SEE THE KIND OF TOTAL ROUNDOUT. 
          SO IT IS A LARGE DOLLAR AMOUNT TO COVER THAT PRIVATE EROSION. 
          UM, AND IT IS NOT QUICK. 
          SO WE HAVE TRADITIONALLY TOLD RESIDENTS AND PROPERTY OWNERS THAT YOU COULD BE 20 OR 30 YEARS THAT YOUR BEST DEFENSE IS TO TAKE CARE OF YOUR CREEK OWNERSHIP AND ADDRESS THE EROSION ON YOUR OWN. 
          AND SO IS THERE SOME DISCLOSURE WHEN THEY'RE BUYING THE PROPERTY THAT NOTIFIES THEM THAT IT IS NOT THE CITY'S RESPONSIBILITY TO DO IT? ALTHOUGH WE DO, I THINK YOU HAVE PREVIOUSLY SAID IF THERE'S, UH, LIKE A LOSS OF THE STRUCTURE OR A SAFETY ISSUE. 
          IS THAT YOUR CRITERIA? UH, SO IT IS A TECHNICAL SCORING, UM, UNTIL A STRUCTURE AND NOT A, NOT A POOL, NOT A GARAGE HOUSE. 
          THE ACTUAL LIVABLE STRUCTURE IS IMPACTED. 
          IT DOES NOT TYPICALLY SCORE VERY HIGH ON THOSE TECHNICAL RATINGS. 
          UM, WHEN YOU BUY YOUR PROPERTY, IT WILL BE BURIED IN YOUR TITLE DOCUMENTS, JUST LIKE IF YOU BOUGHT A PROPERTY IN A FLOODPLAIN. 
          UM, BUT AS A PERSON, DO I THINK THERE'S ENOUGH DISCLOSURE? NO, BUT IT IS THERE. 
          IF YOU'RE READING YOUR PAPERWORK, YOUR REALTORS SHOULD BE INFORMING YOU OF THAT. 
          OKAY. 
          UM, CAN YOU GIVE US A GENERAL IDEA OF HOW MUCH WE'RE SPENDING ANNUALLY OR IF YOU NEED TO DO IT OVER A PERIOD OF TIME TO DO PRIVATE EROSION PROJECTS? LET ME GO BACK AND PULL THAT DATA FOR YOU ALL. 
          'CAUSE WE WILL HAVE IT. 
          EACH BOND PROGRAM HAD AN ALLOCATION IN THERE, SO I'LL GET IT FOR YOU ALL AND FOLLOW UP. 
          WELL, THE REASON WHY I SAY IT IS THAT, I MEAN, I ACTUALLY THINK THIS ONE ON THE RIGHT MIGHT BE FROM, UH, I THINK THIS MIGHT BE DISTRICT 12. 
          IS THAT RIGHT? ANYHOW, IT DOESN'T MATTER. 
          THE THE POINT IS ONLY, I JUST DIDN'T KNOW THAT, UM, THE CITY WOULD FUND IT. 
          AND I WAS SURPRISED TO FIND THAT OUT. 
          AND I WOULD WONDER, I'M GLAD TO HEAR THERE'S SOME TECHNICAL SCORING, BUT, YOU KNOW, I THINK THERE'S A MASSIVE AMOUNT OF EDUCATION THAT PROBABLY NEEDS TO HAPPEN SO THAT PEOPLE DON'T EXTEND THEIR HOUSE VERY CLOSE TO THE CREEK AND THEN IT'S FALLING IN AND, YOU KNOW, CREEKS MOVE. 
          SO, UM, OKAY. 
          WELL THANK YOU VERY MUCH FOR THAT INFORMATION. 
          [00:20:01]
IT WAS VERY INTERESTING. 
          VICE CHAIR ROTH. 
          THANK YOU CHAIR. 
          UM, WELL, YOU MENTIONED, UH, THAT Y'ALL ARE DOING INSPECTIONS OF THE SEWER LINES OR STORM SEWERS, ABOUT 10% EVERY YEAR IN THE $8.7 BILLION. 
          SORT OF, OF, OF IDEA OF, OF ANTICIPATED COST. 
          HOW DO YOU FACTOR IN, UH, SORT OF A, A RESERVE OR AN AMOUNT PROJECTED FOR FUTURE STUFF? DOES THAT 8.7 ALREADY INCLUDE SOME, SOME AMOUNT OR, BECAUSE IT SEEMS LIKE AS YOU'RE, IT'S NOT A CRITICISM, IT'S REALLY JUST SORT OF A BUDGETING, UM, ISSUE THAT YOU'RE, YOU'VE ALREADY, YOU'RE, YOU'RE 10 YEARS FROM NOW, WE'RE GONNA BE LOOKING AT THIS STUFF AGAIN EVERY 10 YEARS. 
          I CAN TAKE A STEP ON THAT QUESTION. 
          SO THE, UH, THE CONDITION ASSESSMENT PROCESS THAT YOU MENTIONED, IT GOES THROUGH OUR TECHNICAL SCORE WHERE WE IDENTIFY, UH, AGE, CONDITION, UH, PIPE MATERIAL OF THE INFRASTRUCTURE, AND ANYTHING WITHIN, UH, A LIFESPAN THAT, THAT IS SIGNIFICANTLY REDUCED, THAT NEEDS ATTENTION, UH, WILL BE ADDED TO THE NEEDS INVENTORY. 
          SO, UH, THE NEEDS INVENTORY AS IT STANDS RIGHT NOW INCLUDES THE ESTIMATED COST FOR DESIGN CONSTRUCTION, THE, THE, THE, THE COST FOR INFRASTRUCTURE REHABILITATION OR REPLACEMENT OF THOSE ASSETS. 
          SO YES, THE, UH, 8.7 ESTIMATED NUMBER THAT WE HAVE, 20, WITH 2025 UH, DOLLARS INCLUDES THE, UH, UH, THE PIPE SYSTEMS THAT MAY NEED TO BE REHABILITATED OR REPLACED. 
          UH, AND, AND AGAIN, MAYBE, AND I'M SORRY, MY, MY QUESTION WAS A LITTLE BIT WAS, WAS NOT CLEAR, BUT, UH, HOW MUCH HAVE YOU ALREADY OVER THE PAST SEVERAL YEARS, HAVE YOU ALREADY INVESTIGATED A LOT OF THESE PIPES? IN OTHER WORDS, WHERE ARE YOU IN THE 10%, UH, REVIEWS? I, SO WHAT WE'VE, WE'VE INSPECTED ALL 1800 MILES OF THE PIPE. 
          OKAY. 
          WHAT THE ASSESSMENT SORT OF SAID WAS LET'S CHANGE THE WAY YOU'RE INSPECTING. 
          SO PREVIOUSLY WE WOULD INSPECT A PIPE AND MAKE A NOTATION THAT THERE MAY BE A CRACK OR IT NEEDED A REPAIR, OR IT WAS IN FINE SHAPE, FORMALIZING IT UNDER A-P-A-C-P, STANDARDIZED LOOK, AND THEN ADDING IN LAYERS OF AGE CONDITION SO THAT IT'S A MORE REFINED FIND OUTPUT. 
          UM, SO NOT EVERY PIPE THAT'S IN THE GROUND IS THE RIGHT SIZE NECESSARILY, BUT IT MIGHT BE IN GREAT SHAPE. 
          WE USE A REINFORCED CONCRETE PIPE THAT'S THE ONLY PIPE ALLOWED. 
          SO THEY DO HAVE A LONGER LIFESPAN. 
          THIS JUST GETS US NOW THAT THERE IS A RELIABLE SOURCE OF FUNDING TO GO IN AND DO REPLACEMENT. 
          IT'LL CYCLE THEM IN IN MORE DETAIL. 
          OKAY. 
          THANK YOU. 
          COUNCILWOMAN BLACKMAN. 
          THANK YOU. 
          AND MS. MENDELSON, I LIVED ON A CREEK FOR 30 YEARS. 
          SARAH, I THINK YOU VISITED IT QUITE A BIT. 
          AND IT DOES STIPULATE THAT YOU OWN TO THE CENTER OF THE CREEK, WHICH STIPULATES THAT THE OWNERS OWN THE CREEK, THE CITY DOESN'T. 
          SO, YES, WHILE IT'S NOT, IT'S IN YOUR PLAT IS WHERE YOU USUALLY DEFINE YOUR, YOUR OWNERSHIP, WHICH MEANS SARAH WOULD STOP AT THE, THE BRIDGE RIGHT THERE TO, AND THEN IT BECAME OUR PROBLEM, DREDGING IT THREE TIMES. 
          SO ANYWAY, BACK TO THE 12, SLIDE 12. 
          SO WHEN YOU LOOK AT IDENTIFIED 70% LOW RISK, 29 MODERATE, AND THEN 1.45, THAT ACTUALLY SOUNDS REALLY LIKE A HEALTHY SYSTEM, BUT LIVING IN LAKEWOOD, EAST DALLAS, WE, I SEE A LOT OF FLOODING. 
          SO IS IT GEOGRAPHICAL WHERE THE HIGH RISK SEGMENTS ARE VERSUS, OR, 'CAUSE I KNOW EVEN YOU HAVE SOME HIGH SPOTS TOO. 
          IN OTHER WORDS, IS IT MORE CONCENTRATED IN CERTAIN AREAS THAT ARE CONSIDERED HIGH RISK? OR IS IT SEGMENTS THROUGHOUT THE WHOLE CITY THAT JUST KIND OF COMPROMISED THE WHOLE SYSTEM? THIS IS, UH, A RISK ASSESSMENT, UH, FOR THE EXISTING INFRASTRUCTURE THAT WE HAVE IN PLACE. 
          MEANING DOES IT HAVE ANY STRUCTURAL DEFECTS THAT MERIT REPLACEMENT? BUT THERE'S ANOTHER COMPONENT WHEN IT COMES TO DRAINAGE THAT, UH, AS WE MENTIONED PREVIOUSLY, 85% OF OUR INFRASTRUCTURE IS UNDERSIZED. 
          MEANING THAT THE PIPE, THE STRUCTURE CONDITION OF THE PIPE WILL BE ADEQUATE, BUT IT'S VERY SMALL. 
          GOT IT. 
          SO WE NEED TO UPSIZE IT SO THAT WE CAN BRING FLOOD RELIEF TO THOSE NEIGHBORHOODS. 
          SO STREET FLOODING IS A RESULT OF AN UNDERSIZED SYSTEM, NOT A STRUCTURAL CONDITION OF THE PIPE SYSTEM. 
          OKAY. 
          SO WITH, WITH THAT BEING SAID, IF WE HAVE, YOU KNOW, A LOT MORE WATER GOING INTO SMALLER PIPES, WE ARE SEEING A LOT MORE OF THESE VIOLENT RAINSTORMS. ARE WE PREPARING FOR THAT AS 
          [00:25:01]
WE RE UM, AS WE'RE ASSESSING AND LOOKING AT AND BUILDING OUT? BECAUSE YOU'RE NOT SAYING IT'S NOT NECESSARILY THE INFRASTRUCTURE PER SE OF, OF FAULTING. 
          IT'S JUST THAT WE DON'T HAVE CAPACITY. 
          SO I GUESS THAT'S THE QUESTION IS ARE WE SOLVING BOTH AT THE SAME TIME? SO THE CITY ADHERES TO A DRAINAGE STANDARD THAT REQUIRES ALL OF OUR SYSTEMS TO BE AT THAT A HUNDRED YEAR OR 1% ANNUAL. 
          OKAY. 
          EXCEEDANCE. 
          RIGHT. 
          UM, PRIVATE DEVELOPMENT AND PUBLIC DEVELOPMENT, WE HOLD OURSELVES. 
          WE DON'T COMPROMISE ON THAT. 
          SO ANY INVESTMENT THAT WE'RE MAKING IN A REPLACEMENT SYSTEM IS GOING TO BE TO THAT A HUNDRED YEAR STANDARD. 
          IT INCLUDES SOME HYDROLOGY MODELS, UM, AND, AND IT'S CONCRETE REINFORCED CONCRETE. 
          'CAUSE WE KNOW THAT IT'S GONNA BE A SUBSTANTIAL TIME BEFORE YOU COME BACK. 
          IT'S ACROSS THE CITY. 
          UM, AS NEIGHBORHOODS HAVE CHANGED, AS NEIGHBORHOODS DEVELOP, UM, SOME OF OUR UNDEVELOPED AREAS RIGHT NOW ARE NOT QUITE AS HIGH, BUT AS SOON AS THEY'RE DEVELOPED, THEN THEY'RE GONNA BE IN THE SAME BOAT. 
          RIGHT. 
          CONDITIONS CHANGE. 
          SO IT'S, IT'S ALL THE WAY ACROSS THE BOARD, BUT WE WON'T PUT ANYTHING IN THAT DOES NOT MEET THAT A HUNDRED YEAR STANDARD. 
          OKAY. 
          AND THEN, SO AS YOU'RE MOVING ACROSS, ARE WE FINDING THAT SEGMENT, LIKE SOMETIMES ONE SEGMENT CAN CLOG UP AND HURT THE WHOLE SYSTEM, RIGHT? ARE YOU ASSESSING THAT AS WELL? SO YOU'RE LOOKING AT, YOU KNOW, SYSTEM CHANGES, TWEAKING THIS VERSUS THAT, NOT JUST REPAIRING IT AS NEEDED? SO I THINK WHAT YOU'RE GONNA SEE AS WE MOVE FORWARD ARE PHASED APPROACHES. 
          UM, I'M GONNA USE MILL CREEK AS AN EXAMPLE BECAUSE THAT, YOU KNOW, THAT IS A MULTI, MULTI-GENERATIONAL PROJECT AT THIS POINT AND WILL CONTINUE TO BE. 
          SO, UM, WE ARE GONNA BE ABLE TO, WITH A SUSTAINABLE FUNDING SOURCE, BEGIN SEGMENTS AND KEEP MOVING THROUGH. 
          SO THE BEST WAY TO DO DRAINAGE THAT'S DOWNSTREAM TO UPSTREAM, NOT UPSTREAM TO DOWNSTREAM, BUT, UM, MOST OF OUR BIG SYSTEMS BETWEEN THE CORPS OF ENGINEERS PROJECT AND THE MILL CREEK TUNNEL WILL BE IN PLAY OVER THE NEXT 2030 TO 2032 TIMEFRAME BASED ON CURRENT SCHEDULES. 
          AND SO A LOT OF IT WAS GETTING THAT BASELINE SET TO TAKE THE WATER. 
          'CAUSE ALL OF OUR WATER HAS TO MAKE IT TO THE TRINITY. 
          WHETHER YOU'RE STARTING AT JOE'S CREEK OR WHITE ROCK AND YOU'RE MAKING IT, MOVING IT ON DOWN OR THROUGH DIXON FIVE MILE, IT'S ALL GOTTA GET TO TRINITY. 
          SO, UM, SOME OF THE SYSTEM CLOGS THAT YOU'RE TALKING ABOUT ARE OFTEN A PRODUCT. 
          UM, WE SEE IT A LOT IN THE FALL WHEN THE LEAVES FALL. 
          WE SEE IT A LOT IN THE SPRING WHEN PEOPLE CHOOSE TO MOW THEIR YARDS. 
          UM, THE INLETS ARE REALLY NOT ALLOWED TO BE USED AS YOUR RECEPTACLE FOR YOUR GRASS AND LAWN CLIPPINGS. 
          UM, BUT YOU'LL SEE THOSE CLOGS. 
          SO WE HAVE IN THE OPERATIONAL SITE AN ENTIRE TEAM THAT REMOVES CLOGS. 
          AND THEN WE'VE GOT AREAS WHERE, UM, THE PIPES ARE SMALLER, THEY'RE A LITTLE FUSSIER AND THEY'RE, WELL, WE CALL 'EM HOTSPOTS. 
          SO WE'VE GOT SOME HOTSPOTS ALONG THE WAY THAT WE CHECK IN ADVANCE OF RAINSTORMS AS WELL, JUST BECAUSE THEY'RE AREAS WE KNOW THERE'S SOME, SOME FUSSINESS WITH THE SYSTEM. 
          SO WE'RE TACKLING IT OPERATIONALLY IN CAPITAL. 
          AND WHEN YOU TALK ABOUT THE FUSSINESS, UH, YEAH, ALONG OUR RAILROAD CORRIDORS, I THINK WE TEND TO GET, I KNOW WE'VE GOT ONE IN EAST DALLAS. 
          SO LEADS BACK TO YOU, YOU KNOW, YOU TALKED ABOUT THE CORPS OF ENGINEERS, OUR PARTNERSHIPS WITH THE FED AND EVEN THE STATE. 
          IS THIS AN OPPORTUNITY TO LOOK MORE INTO THAT? OR IS THIS IT IS JUST GONNA BE WHAT IT IS AND WE'RE GONNA HAVE TO, YOU KNOW, FEE FEE, DO A PAY AS YOU GO THROUGH A FEE. 
          SO IT'S AN APPROACH ON ALL, ALL FRONTS, RIGHT? SO, UM, YOU ALL APPROVED, I BELIEVE IT WAS DEC, NOVEMBER, DECEMBER TIMEFRAME. 
          Y'ALL APPROVED AS TO SUBMIT AN APPLICATION TO THE STATE WATER DEVELOPMENT BOARD. 
          THEY HAVE THE FLOOD INFRASTRUCTURE FUND NOW. 
          UM, THAT FUND IS A LITTLE DIFFERENT THAN THE WATER WASTEWATER FUNDS THEY HAVE AVAILABLE. 
          'CAUSE THEY'RE OFFERING GRANTS AND 0% LOANS TO MOVE FORWARD ON PROJECTS. 
          SO THE STATE'S GOT A MECHANISM IF THERE'S SURPLUS IN THE STATE REVENUE, UM, AND DEDICATED FUNDS. 
          THERE ARE NOT A LOT OF GRANT PROGRAMS TO BE PERFECTLY HONEST WITH YOU, THAT DEAL WITH THE DRAINAGE ASPECT. 
          UH, IT'S GONNA BE A COMBINATION OF LOCAL FUNDS AND STATE FUNDS AND OUR FEDERAL FUNDS WHERE WE CAN GET THEM FREED UP. 
          OKAY. 
          THANK YOU COUNCILWOMAN BLAIR. 
          THANK YOU CHAIR. 
          UM, I WANNA CONTINUE WITH, WITH THE STORMWATER FLOW AND BLOCKAGE. 
          UM, I KNOW IN THE SOUTHERN AREA WE HAVE A, WE HAVE A LOT OF LAND THAT'S UNDEVELOPED AND, UM, WE STILL HAVE CULVERTS, WHICH YOU TALKED ABOUT PEOPLE USING IT AS A RECEPTACLE, A SET OF SOMETHING THAT SOME OF THAT IS NATURAL. 
          SOME OF IT IS, AS YOU SAY. 
          SO MY QUESTION IS, THOSE THINGS THAT ARE NATURAL, THAT CAUSES, UH, BLOCKAGE, THAT PREVENTS FLOW, CAUSES FLOODING IN AREAS THAT ARE ALREADY LOW LYING. 
          THEY MAY NOT BE IN FLOOD ZONES, BUT THEY'RE LOW LYING. 
          HOW, WHAT IS THE PLANS FOR THAT? SO I BELIEVE WHAT COUNCIL MEMBER BLAIR'S 
          [00:30:01]
TALKING ABOUT IS, UM, SOME OF WHAT WE CALL BAR DITCH STREETS. 
          SO OUR BAR DITCH STREETS, UM, SOME NEIGHBORHOODS ARE VERY PROUD OF THAT FEEL AND LOOK. 
          UM, SOME NEIGHBORHOODS DON'T HAVE ENOUGH WIDTH ON THE STREET TO BE CONVERTED INTO CURB AND GUTTER. 
          OTHER NEIGHBORHOODS WOULD LIKE CURB AND GUTTER. 
          SO WHEN YOU LOOK AT THE NEEDS INVENTORY, IT'S A COMBINATION OF ALL OF THAT. 
          UM, OVER TIME, THE CITY DID NOT ENFORCE ON PRIVATE PROPERTY OWNERS THE RESPONSIBILITY TO MAINTAIN THAT BAR DITCH. 
          SO, UM, IN LOTS OF NEIGHBORHOODS IT HAS FILLED IN OR SOMEBODY PLANTED A TREE OR IT'S BECOME PARKING. 
          UM, WE TRY TO WORK WITH THE NEIGHBORHOODS WHEN THOSE INSTANCES ARE OCCURRING. 
          UM, SOME NEIGHBORHOODS WOULD PREFER US NOT APPEAR AT ALL . 
          UM, WE WILL HELP, WE WILL HELP NEIGHBORS WHERE WE CAN. 
          UM, BUT ULTIMATELY UNTIL A STREET CONVERTS OVER TO A CURB AND GUTTER WITH PIPES, THAT NATURAL AREA THAT WAS PART OF THE ROAD SYSTEM, THAT'S REALLY NOT NATURAL, RIGHT? IT, IT MIGHT HAVE A U OR A V SHAPE TO IT IS ACTUALLY SUPPOSED TO BE FREE AND CLEAR SO THAT THE WATER CAN FLOW. 
          UM, AS THOSE COME IN, WE GO OUT AND SOMETIMES IT'S EDUCATION AND NEIGHBORS WILL BE REAL HAPPY TO DO THAT. 
          OTHER TIMES WE GO OUT AND EDUCATE A NEIGHBORHOOD AND, UM, THEY POLITELY ASK US TO LEAVE AND NOT TOUCH THEIR BAR DITCH. 
          THEY'D LIKE IT TO CONTINUE TO BE THEIR LANDSCAPED AREA. 
          UM, BUT OVER TIME, STREETS WILL CONVERT INTO CURB AND GUTTER ACROSS THE CITY. 
          SO I HAVE, UH, I HAVE SEVERAL AREAS THAT OPERATE LIKE THIS. 
          SOME ARE, UM, ARE ARE NEED, SERIOUS NEED OF TRANSFORMATION, IF YOU WILL. 
          AND THEN AS YOU FURTHER EAST YOU GO, THEY, THEY DON'T WANNA SEE YOU KIND OF AREAS, BUT THOSE AREAS THAT ARE IN NEED OF TRANSFORMATION. 
          IS THERE A PLAN ANYWHERE IN THE CITY THAT IS LIKE THAT WHERE TRANS TRANSFORMATION IS NEEDED AND REQUIRED THAT YOU GUYS HAVE A PLAN IN ORDER TO DO SO? SO I THINK, I THINK WHEN YOU LOOK AT IT IN A COUPLE OF DIFFERENT MANNERS, RIGHT? SO WE WILL GO OUT AND DO ANY COMMUNITY MEETING Y'ALL. 
          WE'VE BEEN TO MANY OF Y'ALL'S NEIGHBORHOODS TO TALK ABOUT WHAT WE CAN DO. 
          WE WILL DO STREET CONVERSATIONS ABOUT HOW WE MIGHT COULD HELP THE NEIGHBORHOOD. 
          UM, THE OTHER PIECES WE PARTNER WITH TRANSPORTATION AND PUBLIC WORKS. 
          SO YOUR THOROUGHFARES, YOUR NEW STREETS ALL INCLUDE THAT DRAINAGE AS A COMPONENT THERE AS WELL. 
          UM, WE'VE CHANGED PROCESS A LITTLE BIT IN MY TIME AT THE CITY. 
          UH, WE DON'T DO STREET PETITIONS ANYMORE WHERE NEIGHBORS WOULD ACTUALLY PETITION TO CHANGE THE STREET. 
          THEY'RE ON THE NEEDS INVENTORY. 
          SO IF WE TOOK YOU AND WALKED YOU THROUGH YOUR DISTRICT, YOU'D BE ABLE TO SEE WHERE YOU'VE GOT NEW STREET IMPROVEMENTS. 
          THAT WOULD ALSO INCLUDE DRAINAGE. 
          WELL, I HAVE ONE AREA THAT'S THAT'S VERY, UM, VERY SENSITIVE BECAUSE TRUCKS PARK ON YOUR STORM WATER DRAINAGE SYSTEM. 
          AND I'M NOT TALKING ABOUT JUST BIG, UM, I'M TALKING ABOUT COMMERCIAL VEHICLES, WHICH CAUSES DAMAGES. 
          BUT IF WE WOULD, WOULD IT BE NOT BETTER TO TRANSFORM THOSE INTO AREAS THAT HAVE CURBS AND GUTTER OPPOSED TO BAR DITCHES SO THAT THAT DOES NOT HAPPEN. 
          SO THE, I THINK THE END GOAL IS THAT YOU'LL SEE ALL STREETS CONVERT AT SOME POINT TO THAT. 
          BUT WE'LL GET WITH YOU AFTERWARDS AND WE CAN, WE CAN TALK ABOUT AN APPROACH AND I'LL GET WITH TRANSPORTATION PUBLIC WORKS AND SEE KIND OF COLLECTIVELY WHERE IT ALL LOOKS, UM, WHEN YOU TALK. 
          OKAY. 
          SO LET ME MOVE ON. 
          UM, YOU SAID THAT WE ARE ON PAGE 16. 
          WE ARE LOOKING, YOU GUYS ARE LOOKING FOR US TO CONSIDER APPROVAL OF UP PA COMMERCIAL PAPER IN 125, UM, MILLION. 
          IS THIS PART OF THE, PART OF YOUR, YOUR, YOUR PROCESSES THAT ARE, UM, WELL YOU, WELL YOU GUYS ARE SUSTAINING YOURSELF OR IS THIS IN PART WHERE IT IS BEING SUSTAINED BY THE CITY? UH, BUDGET. 
          UH, SO THE, THE COMMERCIAL PAPER IS A MECHANISM TO FINANCE. 
          AND THEN WE WOULD REFUND THAT IN THIS FORM OF A BOND SALE ABOUT EVERY 18 TO 30 MONTHS, DEPENDING ON HOW THE PROJECTS ARE EXECUTED. 
          WE ARE A SELF-SUSTAINING ENTERPRISE FUND. 
          HOWEVER, IN THE PAST, THE DEBT SERVICE WAS ISSUED UNDER A GENERAL OBLIGATION VOTER BOND PROPOSITION. 
          UM, THAT WAS TRANSITIONED KIND OF STARTING IN THAT 20 17, 20 18 TIMEFRAME TO MOVE TO PAY AS YOU GO. 
          AND THEN THE, UM, CERTIFICATES OF OBLIGATION FOR THE 24 AND 25 CAPITAL PROGRAM PROJECTS, THIS WOULD MOVE US 26 AND BEYOND. 
          AND IT'S ALREADY BUILT INTO THE RATE AS Y'ALL HAVE SEEN IT PROPOSED. 
          AND I GUESS MY LAST AREA OF CONVERSATION WITH YOU, I CALL IT CONVERSATION, UM, IS ON PAGE NINE WHERE YOU ARE SAYING THAT YOU NEED TO UP, YOU NEEDING TO, UM, REP RAMP, RAMP UP STAFFING. 
          [00:35:02]
DIDN'T WE JUST REDUCE STAFFING FOR, FOR, FOR D ? SO IT, WHEN WE LOOK AT A 10 YEAR PLAN, SO THIS STUDY WAS AN ASSESSMENT OF THE SYSTEM OPERATIONALLY AND ALSO A CAPITAL ASSESSMENT THAT TAKES US 10 YEARS OUT. 
          UM, WE HAVE HISTORICALLY, LIKE MOST OF THE FIELD CENTRIC DEPARTMENTS, WE HAVE TROUBLE STAFFING. 
          SO SOME OF THIS IS LOOKING AT HOW WE CAN RETOOL, REUSE, REDO POSITIONS. 
          THE OTHER PART IS AS THE SYSTEM GROWS, AS WE LOOK AT NEEDING TO CHANGE, NOT JUST TO BE QUANTITY BUT ALSO QUALITY OVER THE NEXT 10 YEARS, THERE WILL BE SOME DIFFERENT POSITIONS THAT WILL NEED TO BE ADDED INTO DIFFERENT PROGRAMS. BUT YOU WON'T SEE US WITH A 27 BUDGET REQUEST FOR NEW STAFFING. 
          SO WE'RE GONNA WORK WITHIN OUR CONSTRAINTS RIGHT NOW. 
          SO QUESTION, IF YOU ARE LOOKING TO BE PROACTIVE, 'CAUSE THAT'S WHAT YOU SAID, YOU WANT IT TO BE IN A MORE PROACTIVE AND REACTIVE MODE, YOU WANT TO BE ABLE TO GO OUT AND LOOK AT AND AND ASSESS BEFORE IT'S CRITICAL. 
          WOULD IT STAND A REASON THAT YOU HAVE A HEAD COUNT, A STAFFING STABILITY THAT WILL ENABLE YOU TO MOVE IN THAT AREA OPPOSED TO REDUCING STAFF OR S ASSIGNING STAFF, UM, SO THAT YOU CAN MOVE IN THAT, THAT, THAT DIRECTION? SO IT'S TWOFOLD, RIGHT? I I THINK TO BE RESPONSIBLE WITH ANY RATE PAYERS MONEY, IF I'M HAVING TROUBLE HIRING CERTAIN POSITIONS, I'M LOOKING AT DIFFERENT OUTSOURCING OPTIONS AS WELL, RIGHT? SO WE DO PAY PEOPLE TO ASSIST WITH MOWING AND FLOODWAY AREAS AND SOP SOME OF OUR RISKIER AREAS. 
          UM, I DON'T WANNA ADD POSITIONS NOR WOULD IT BE RESPONSIBLE TO ADD POSITIONS UNTIL WE CAN FILL THE EXISTING POSITIONS. 
          SO WE'VE ADDED SOME GROWTH SERIES, WE'VE WORKED WITH HR, UM, A GREAT EXAMPLE ACROSS THE CITY IS A MAINTENANCE WORKER POSITION. 
          USED TO, WE HAD A MAINTENANCE WORKER ONE, TWO, AND THREE. 
          YOU HAD TO HAVE A PM FOR EACH ONE OF THOSE. 
          THOSE ARE OUR POSITION MANAGEMENT CONTROLS. 
          NOW WE CAN BRING SOMEBODY IN WITHOUT A DRIVER'S LICENSE, WE CAN GET THEM TRAINED WITH A DRIVER'S LICENSE, THEY'LL MOVE TO THE NEXT LEVEL WITHIN THAT EXISTING CAREER SERIES. 
          UM, AND I DON'T NEED ANOTHER POSITION OVER HERE THAT NEEDS TO BE FUNDED. 
          SO IT'S REALLY ABOUT WHAT DO WE HAVE, WHAT CAN WE BRING ON? WE'RE WORKING WITH THE DIFFERENT SCHOOL DISTRICTS TO BRING IN KIND OF, I NEED THE NEXT GENERATION OF PUBLIC SERVANTS. 
          Y'ALL HAVE HEARD US SAY THAT ALL AROUND, RIGHT? THE NEXT THE NEXT GENERATION NEEDS TO BE HERE. 
          SO WE'RE WORKING ON ALL DIFFERENT FRONTS RIGHT NOW TO BRING IN THAT STAFF. 
          AND ONCE WE HAVE REACHED A STAFFING LEVEL THAT WE DON'T SEE VACANCIES, THEN WE WOULD COME BACK AND ADD TO THE PROGRAM. 
          IN THE MEANTIME, I'LL SHIFT THEM AROUND TO WHERE THE PROGRAMS NEED THEM. 
          COUNCILMAN GRACIE? THANK YOU MR. CHAIR. 
          UH, AND THANK YOU ALL FOR THIS PRESENTATION. 
          OBVIOUSLY, YOU KNOW, MY, MY PASSION IS EROSION. 
          UM, AND I THINK, UH, MS. MIDDLETON, THAT THOSE, UH, THAT WAS, UH, DISTRICT THREE, UH, ON THOSE SLIDES THERE, UH, WE DEAL WITH A LOT WITH THE EROSION THERE. 
          AND I GUESS MY QUESTION IS IN, IN ALL OF THIS, AND I KNOW WE ONLY OWN SO MUCH OF, UH, THE, THE CREEKS, BUT DO WE HAVE A PLAN FOR OR, OR AN UNDERSTANDING OR A GRASP OF WHAT THE EROSION RATE WOULD BE AND THEN BECAUSE WE DON'T OWN AND SOME OF THE CREEK THAT WE OWN IS IN THE MIDDLE OF AND ALL OF THAT, HOW DO WE, WHAT'S THE BEST WAY TO PLAN FOR THE EROSION? IT'S ONE THING TO TALK ABOUT THE PROPERTY AND AS YOU KNOW, THE, YOUR PROPERTY LINE IS, YOU KNOW, I THINK I HAD A COUPLE FOLKS AT A SHED IN THE, IN THE CREEK OR SOMETHING. 
          THAT'S ONE THING, RIGHT? BUT THEN THERE'S ANOTHER ONE WHERE, AND I THINK I FORGET WHERE IT WAS, BUT THERE'S A PORTION WHERE THE CREEK JUST DECIDED IT'S, IT LOOKS LIKE IT'S ABOUT TO MAKE A HARD LEFT AND GO THROUGH THE CHURCH PARKING LOT. 
          HOW DO WE, WHAT ARE WE DOING TO ANTICIPATE THAT KIND OF EROSION OR REDIRECTION OF THE CREEK, IF WE WILL? OR IS THERE ANYTHING THAT'S BEING DONE? SO IT, IT'S HARD, RIGHT? AND I DON'T MEAN TO ASK IT THAT WAY BY THE WAY. 
          I ALWAYS, I FORGET. 
          IT'S OKAY. 
          I USED TO BE ON THAT SIDE. 
          IT'S NOT A SETUP QUESTION OR ANYTHING, IT'S JUST CURIOSITY. 
          IT'S HARD WATER MOVES, RIGHT? YES, YES. 
          I MEAN YOU PROBABLY NONE OF US LIVE ON A CREEK OR BODY OF WATER, RIGHT? RIGHT. 
          , UM, CREEKS MOVE. 
          AND SO ONE OF THE THINGS THAT WE TRY TO WORK WITH PRIVATE PROPERTY OWNERS ON IS AS SOON AS THEY SEE SOMETHING, IF THEY CALL US, WE CAN GET STAFF OUT. 
          THEY CAN START ASSESSING AND THEY CAN GIVE YOU TIPS, RIGHT? TIPS ON WHAT YOU MIGHT COULD DO TO STABILIZE THE BANK, WHAT TO WATCH FOR. 
          BUT THERE'S REALLY NOT A WAY TO PREDICT THAT THE CREEK IS GOING TO COMPLETELY MOVE OTHER THAN TO KNOW THAT CREEKS MOVE RIGHT UNDER THE NEW DEVELOPMENT CODES. 
          UM, COMMERCIAL PROPERTIES CAN NO LONGER DEVELOP UP AGAINST THE CREEK IF THEY'RE GONNA BE WITHIN 75 FEET. 
          THEY ACTUALLY HAVE TO PLACE A WALL IN NOW. 
          SO A LOT OF THIS IS JUST OLD PRACTICES OF HOW WE USED TO DEVELOP ALONG THE 
          [00:40:01]
CREEK. 
          UM, THE NEW STANDARDS DON'T ALLOW FOR THAT TYPE OF DEVELOPMENT ANYMORE. 
          SO WE'RE GONNA KIND OF HAVE TO LIVE WITH WHERE WE ARE TODAY UNDERSTOOD. 
          AND HELP EVERYBODY AS MUCH AS WE ALL CAN. 
          UM, WE'LL TELL YOU AS WE LOOKED AT THE EROSION QUESTION, WE LOOKED ACROSS THE COUNTRY, UM, WHAT YOU WILL HEAR OTHER CITIES SAY IS THAT ONCE A CITY MADE A DECISION IN ANY FORM OR FASHION TO PROVIDE ASSISTANCE ON THOSE PRIVATE PROPERTIES, THEY'VE NOT GOTTEN OUT OF THE BUSINESS. 
          THE ONES THAT HAVE NOT GOTTEN INTO THAT BUSINESS ARE TRYING TO HOLD ON AS LONG AS THEY CAN. 
          UM, IT DOES REQUIRE AN EASEMENT THOUGH, SO I WANNA MAKE SURE EVERYBODY KNOWS IT REQUIRES AN EASEMENT IF WE DO GO IN AND HELP YOU WITH YOUR EROSION. 
          IT ALSO IN THAT INSTRUMENT REQUIRES THE PRIVATE PROPERTY OWNER MAINTAIN AND REPLACE IN THE FUTURE IF THAT EROSION MECHANISM NEEDS ANY MAINTENANCE OR IF IT FAILS IN THE FUTURE. 
          SO IN OTHER WORDS, IF, IF, IF, IF THE CITY DOES COME IN AND HELP THE MAINTENANCE OF THAT THEN TRULY BECOMES A HUNDRED PERCENT PROPERTY OWNER, THEY SIGN A EASEMENT INSTRUMENT THAT SPECIFIES THAT AS THE CASE. 
          AND THANK YOU. 
          AND AGAIN, I APPRECIATE ALL THE WORK THAT YOU'VE DONE, YOU KNOW, IN AND THROUGHOUT THE REALLY THE CITY WITH THIS, WITH THIS PROBLEM. 
          SO AGAIN, THIS IS NOT AN, AN ATTACK OR ANYTHING, IT'S JUST, IT IS SOMETHING THAT STAYS ON MY MIND A LOT. 
          IN FACT, I MET WITH, UH, DR. 
          BECKHAM WHO I'M QUOTING TO BE MY, UH, ENVIRONMENTAL PERSON. 
          UM, BECAUSE HE ACTUALLY DID A STUDY OF A, I THINK HE DID 10 MILES OF COOMBS CREEK, UM, WHERE HE WENT THROUGH AND HE WAS ABLE TO ALMOST LIKE GOOGLE STREET VIEW WHERE HE COULD GO THROUGH AND AND SEE THE DIFFERENT EROSION. 
          UM, WHETHER IT WAS EROSION, WHETHER IT WAS HOMELESS PEOPLE DOWN THERE, WHETHER IT WAS ANYTHING. 
          HE ACTUALLY WENT THROUGH AND DID THAT. 
          AND I WAS REALLY FASCINATED WITH THAT AND SEEING IF THAT WAS SOMETHING THAT WAS OF BENEFIT TO, TO YOU ALL, UH, FROM THAT PERSPECTIVE. 
          AND IS THAT SOMETHING THAT WE SHOULD BE CONSIDERING TRYING TO FIGURE OUT HOW TO GET TO FURTHER? SO THE PUBLIC PROPERTIES THAT WE OWN, WE, WE KEEP TRACK OF. 
          OKAY. 
          UM, WHAT YOU'RE SEEING ON THE PRIVATE SIDE, THIS 109 MILLION ON THE PRIVATE SIDE, UM, ARE PRIMARILY DRIVEN BY A RESIDENCE PHONE CALL YEAH. 
          TO THE CITY TO COME OUT AND LOOK AT IT. 
          WHAT WE HAVE DONE IS CHANGED THE PROCESS A LITTLE BIT THOUGH, SO THAT IF FOR EXAMPLE, EDUARDO WERE TO CALL WHEN WE GO OUT, WE'RE GONNA INSPECT THE STRETCH OF THE CREEK BECAUSE THE HARD THING TO DO IN THE WAY THAT IT'S BEEN DONE IN THE PAST IS THAT SOMEHOW MY PROPERTY ENDED UP GETTING THE EROSION CONTROL AND MATT AND EDUARDO'S DID NOT. 
          UM, BUT IT ALSO IS GONNA REQUIRE THAT EVERYBODY ON THOSE PRIVATE SITUATIONS PROVIDE AN EASEMENT AND ONE, ONE PROPERTY OWNER NOT PROVIDING AN EASEMENT YEAH. 
          WILL PREVENT THAT STRETCH. 
          I UNDERSTAND. 
          BUT IT'S GONNA TAKE DECADES TO GET THROUGH THIS. 
          AND WE WOULD STILL TELL EVERYBODY THAT YOUR BEST LINE OF DEFENSE IS TO TAKE CARE OF YOUR PRIVATE EROSION AND WE'LL WORK WITH YOU TO HELP YOU REVIEW THINGS OR SHOW YOU WHAT TO LOOK FOR. 
          BUT SURE. 
          DO YOU NEED TO TAKE CARE OF IT YOURSELF FIRST AND UNDERSTOOD. 
          OKAY. 
          ALRIGHT, THEN I'M GONNA SWITCH REAL QUICK JUST ON, ON THE FLOOD SIDE OF THINGS. 
          AND I'M TRYING TO UNDERSTAND THIS VERSUS WHAT I JUST SAW THIS PAST RAIN IN, IN WHERE CITY VERSUS STATE, ON ONE SIDE IT WAS ALL GOING DOWN 4 0 8. 
          ONE WAS REALLY FLOODED BADLY UNDER 4 0 8 AT, UM, UH, GRADY NEBO UP, I THINK IT WAS. 
          I THINK THAT'S THE EXIT. 
          UM, IT WAS FLOODED REALLY BAD UNDER THERE, AND I WAS, I TOOK A PICTURE OF IT AND I WAS TRYING TO FIGURE OUT WOULD THAT BE A CITY ISSUE OR A TEXT DOT ISSUE. 
          AND THEN IF YOU GO UP THAT SAME FREEWAY ABOUT THREE MILES, IT FLOODS. 
          I THINK Y'ALL MAY HAVE FIXED THAT ONE, BUT IT USED TO FLOOD REALLY BAD UNDER RIGHT AT JEFFERSON, USED TO FLOOD UNDER THERE. 
          AS IT RELATES TO THOSE TWO IS, ARE, ARE THOSE CITY CHECKS DOT AND FROM A BUDGETING, WHOSE RESPONSIBILITY IS THAT? SO WATER DOESN'T HAVE POLITICAL BOUNDARIES OR JURISDICTIONAL BOUNDARIES, RIGHT? WATER GOES WHERE IT'S GONNA GO. 
          YEAH. 
          UM, WE WOULD'VE TO LOOK AT EACH ONE INDIVIDUALLY BECAUSE SOMETIMES IT'S THAT A PIPE HAS BEEN CLOGGED, RIGHT? THAT A PIPES UNDER HIGHWAY, IS THAT ALSO DISCHARGE INTO CREEKS? UM, TDOT DOES DESIGN AND UPGRADE THEIR SYSTEMS AS THEY PUT IN NEW ROADWAY. 
          UM, BUT I JUST NEED TO GET THE SPECIFIC ONES SO THAT WE CAN GO LOOK AT EACH ONE OF THEM. 
          ITS KIND OF GOTTA LOOK AT ALL, IT WAS JUST AN EXAMPLE AND I THINK IT WAS FINE THIS, THIS PAST, BUT THAT ONE WAS JUST OUTTA CURIOSITY. 
          SO THANK YOU. 
          I APPRECIATE ALL YOUR WORK. 
          THANK YOU MR. CHAIR. 
          I THINK EDUARDO, YOU PRESENTED PAGE NINE ABOUT THE BENCHMARK STORMWATER PROGRAM AGAINST PURE UTILITIES. 
          WHAT DID YOU FIND FROM THAT BENCHMARK ANALYSIS? WHERE DID DALLAS RANK OR WHAT DID YOU LEARN FROM THAT? SURE. 
          UH, JUST TO, UH, LOOK AT THE BENCHMARKING ASPECT. 
          WE, AS I MENTIONED, WE LOOKED AT THE, UH, DRAINAGE MAINTENANCE, FLOOD CONTROL, STORM WATER QUALITY MONITORING, PLANNING AND FUNDING STRUCTURE. 
          SO WE COMPARE THOSE ASPECTS THROUGH A SURVEY WITH THESE MUNICIPALITIES FOLLOWED BY INTERVIEWS. 
          [00:45:01]
SO THEY, UH, WE IDENTIFY, UH, DIFFERENT ASPECTS WHERE WE COULD STRENGTHEN OUR SERVICES THAT WE HAVE IN PLACE, UH, FORMALIZING OUR PROGRAMS. ONE OF THE THINGS THAT WE, UH, WE MENTIONED WAS THE, UH, A 10 YEAR ORG THAT WE COULD IMPLEMENT TO STRENGTHEN SOME OF THOSE, UH, DIVISIONS SUCH AS ASSET, UH, ASSET MANAGEMENT. 
          UH, THAT'S AN AREA THAT WE COULD FORMALIZE AND EXPAND SO THAT WE CAN HAVE MORE, UH, DATA-DRIVEN DECISIONS WHEN IT COMES TO IDENTIFYING INFRASTRUCTURE THAT NEEDS TO BE, UH, REPLACED OR REHABILITATED. 
          AND IN ADDITION TO THAT, UH, WE WERE LOOKING AT AND COMPARING THE LONG-TERM FINANCIAL PLANNING THAT SHOULD BE EXPANDED SO THAT WE HAVE A FUNDING SOURCE SO THAT WE CAN IMPLEMENT PLANNING, DESIGN AND CONSTRUCTION OF THIS INFRASTRUCTURE. 
          UM, ANOTHER ASPECT WAS THE, THE CIP PRIORITIZATION, UH, HAVE A MORE FORMALIZED, UH, PLAN THAT WE COULD TAKE INTO ACCOUNT THE CONDITION OF THE ASSET, UH, WHETHER OR NOT IT'S AN UNDERSIZED SYSTEM, AND PLUG THOSE VALUES INTO A DATA DRIVEN, UH, DECISION TREE THAT WE, THAT CAN HELP US TO EITHER, DO WE NEED TO CONTINUE INSPECTION MONITORING THE SYSTEM OR IS IT TIME TO ADD IT TO THE NEEDS INVENTORY FOR REHABILITATION OR REPLACEMENTS? SO THOSE ARE LIKE HIGH LEVEL, UH, COMPONENTS THAT WE HAD, BUT WE IDENTIFIED AS AN OPPORTUNITY TO, TO ENHANCE THOSE PROGRAMS. SO DID YOU FIND ANY OF THOSE OTHER CITIES UTILIZING AI TO ASSIST THEM IN MAKING FORECASTS OR PREDICTING AREAS THAT NEED ATTENTION? AND IS THAT ANYTHING THAT YOU'VE THOUGHT ABOUT DOING HERE? NOT FROM TOP OF MY HEAD THAT I REMEMBERED THAT THEY, UH, PRESENTED ANY AI TOOLS THAT COULD BE UTILIZED. 
          WE DID, UH, IDENTIFY THE, UH, THE IMPORTANCE OF, UH, UH, FLOODED ROADWAY WARNING SIGNS THAT WE NEED TO, UH, FORMALIZE THAT PROGRAM AND EXPAND IT SO THAT WE CAN HAVE ALERTS TO THE PUBLIC WHEN IT COMES TO MAJOR RAINS AND STREET FLOODING CONDITIONS. 
          BUT NOT FROM TOP OF MY HEAD THAT I REMEMBER ANY AI TOOLS THAT I CAN REMEMBER. 
          I THINK WITH REFERENCE TO SLIDE 12, YOU MENTIONED, UH, I THINK SARAH MENTIONED THAT OUR SYSTEM IS 85% UNDERSIZED, WHICH SEEMS FRANKLY OVERWHELMING. 
          AND I ASSUME THAT THAT IS A RESULT OF THE SYSTEM BEING DESIGNED PARTICULARLY IN THE OLDER PART OF THE CITY FOR LESS IMPERVIOUS SURFACE UPSTREAM, WHICH WITH DEVELOPMENT HAS NOW RESULTED IN GREATER RUNOFF AND EXCEEDING THE CAPACITY OF THE OLDER STORM DRAIN LINES. 
          IS THAT ACCURATE? I I THINK IT'S TWOFOLD. 
          SO AT ITS VERY PREMISE, YES. 
          UM, BUT I REMIND EVERYBODY WE'RE UPSTREAM OF OTHER COMMUNITIES AS WELL. 
          UM, A LOT OF THE SYSTEMS THOUGH ARE OLD, RIGHT? SO THEY WERE BUILT IN THE FIFTIES. 
          THE MODELING PROJECTS OUT ABOUT 50 YEARS. 
          WE'RE KIND OF AT THAT LIFESPAN. 
          WE'VE CHANGED OUR OWN FOOTPRINTS AS WELL. 
          SO IT'S, IT'S A COMBINATION OF ALL OF IT. 
          UM, LIKE I SAID, WE'VE STILL GOT PIPE IN THE GROUND FROM 1930. 
          A LOT OF THE PIPES ARE FIFTIES AND SIXTIES. 
          SO THE CORE OF OUR KINDA THE CORE IS OLD. 
          AND THEN AS YOU GET A BIT FURTHER OUT, YOU'RE NEWER. 
          AND THEN AS DEVELOPMENT COMES IN, DEVELOPERS WILL UPGRADE THE SYSTEM TO CURRENT STANDARDS. 
          SO IS THERE ANY WAY OF ASSESSING THE GROWTH OF IMPERVIOUS SURFACE UPSTREAM FROM WHERE OUR SYSTEM IS, UM, AT LEAST WITHIN THE CITY OR THE COUNTY TO DETERMINE OUR LONG-TERM NEEDS TO UPSIZE OUR MAIN? SO WE HAVE, UM, OVER TIME WE'VE GOT THE IMPERVIOUS CALCULATIONS, RIGHT? SO OUR ASSUMPTIONS THAT HAD BEEN ASSUMPTION BASED IN ZONING CODE, ASSUME SORT OF COMMERCIAL DEVELOPMENT AROUND 95, 85, 85 TO 95 DEPENDING ON WHAT YOU ARE RESIDENTIAL IS 65 TO 35. 
          IN TERMS OF PERVIOUS AND IMPERVIOUS. 
          UM, WE ACTUALLY USE AERIAL FOOTAGE THAT'S TAKEN EVERY YEAR TO DO THESE. 
          HMM. 
          SO WE'VE GOT 20 YEARS THAT SHOWS YOU CHANGES IN DALLAS AS IT COMES IN. 
          UM, WE HAVE NOT NECESSARILY LOOKED AT UPSTREAM. 
          I WILL TELL YOU THE STATE AS WE WORK ON THE FLOOD BOARD, 'CAUSE THE STATE JUST WENT TO THIS KIND OF ASSESSMENT AS WELL. 
          WE DID OUR, WE WRAPPED OUR FIRST FLOOD BOARD FOR THE WHOLE STATE UP THIS PAST YEAR. 
          UM, IS TAKING KIND OF INTO CONSIDERATION WHAT DO UNDEVELOPED AREAS LOOK LIKE NOW, WHAT WOULD THEY DEVELOP? BUT WE ARE USING HERE LOCALLY, WE'RE USING THAT A HUNDRED YEAR STANDARD WITH THE 
          [00:50:01]
HYDRAULIC MODELING TO SET THE SIZE OF SIZE AND CONDITION NEEDS. 
          SO ON SLIDE 13, THE LAST BULLET MENTIONS 10 HIGH PRIORITY AREAS, ADVANCED TO DETAILED IMPROVEMENT ANALYSIS, AND YOU REFERRED TO THOSE AS NEIGHBORHOODS. 
          CAN YOU IDENTIFY THOSE NEIGHBORHOODS OR COULD YOU PROVIDE US A LIST? WE CAN PROVIDE YOU THE LIST OF ALL OF THOSE 10. 
          UM, IF YOU WOULD LIKE AFTERWARDS, WE'VE GOT 'EM RIGHT HERE, BUT RATHER THAN READ 'EM OUT, WE CAN JUST PROVIDE 'EM TO YOU. 
          GREAT. 
          I THINK THAT WOULD BE OF GREAT INTEREST. 
          UM, WITH REGARD TO THE UPCOMING ACTION ON SLIDE 16, UM, WHY START WITH THE COMMERCIAL PAPER PROGRAM INSTEAD OF JUST INITIATING A REVENUE BOND PROGRAM RATHER THAN REFUNDING THE COMMERCIAL PAPER LATER ON WITH REVENUE BONDS? UH, AS A CITY WE TYPICALLY USE COMMERCIAL PAPER AS A STRATEGY SO THAT WE DON'T HAVE TO PAY THE DEBT IMMEDIATELY ON A PROJECT THAT HASN'T BEEN DESIGNED OR CONSTRUCTED. 
          IF WE WERE TO GO WITH A REVENUE BOND, WE WOULD SET 125 MILLION AND THEN WE WOULD GO TO MARKET WITH A LIST OF PROJECTS AND WE WOULD NEED TO COMPLETE THOSE PROJECTS. 
          85% OF 'EM NEED TO COMPLETE WITHIN A THREE YEAR CYCLE OF THAT TO KEEP YOU IN KIND OF GOOD BOND STANDING. 
          SO THIS IS REALLY A FINANCING STRATEGY SO THAT THE PROJECTS HAVE STARTED OR COMPLETED BY THE TIME WE GO OUT AND REFUND, IT GETS YOU BETTER, BETTER BUYERS BOND BUYERS. 
          SO YOU DON'T HAVE THE SAME THREE YEAR LIMITED TIMEFRAME WITH COMMERCIAL PAPER, YOU CAN ISSUE THAT. 
          WHAT AND IS HOW IS THAT SECURED? UH, THEY'LL, THEY WILL SECURE IT OFF OF OUR RATE. 
          SO THEY'LL, AS PART OF OUR RATE AND PROOF OF CONCEPT. 
          SO THE FINANCIAL ADVISORS HAVE ALREADY GONE THROUGH, THAT'S WHY WE'RE AT 125 MILLION. 
          THEY'VE LOOKED AT FIVE YEARS OF BACK RATES AND THE FACT THAT YOU ALL HAVE BEEN WILLING TO INCREASE THOSE RATES AND THEN THE GO FORWARD PROJECTION AND THEN THE DEBT SERVICE THAT WE WOULD HAVE IN FACTORED IN INSTEAD 125 AS THE KIND OF NUMBER TO START OUT WITH, WITH THE COMMERCIAL PAPER PROGRAM. 
          OKAY. 
          COUNCIL MEMBER CADENA, DID YOU HAVE ANY QUESTIONS? OKAY, ANY SECOND, UH, CHANCE QUESTIONS? OKAY. 
          SEEING NONE, THANK YOU ONCE AGAIN FOR YOUR PRESENTATION AND WE'LL MOVE ON TO AGENDA ITEM B, WHICH IS THE CONVENTION CENTER MASTER PLAN T STATE INFRASTRUCTURE BANK LOAN APPLICATION, AND CHAIR RIDLEY. 
          UM, AS THE GROUP IS GETTING READY, YOU KNOW, ONE OF THE PRACTICES WE WANNA GET INTO IS JUST MAKE SURE WE'RE CAPTURING ALL THE ACTION ITEMS FROM EACH OF THE BRIEFINGS. 
          AND SO JUST WANTED TO, UM, TO GO THROUGH THOSE BRIEFLY AS THEY'RE GETTING SET UP. 
          IF YOU DON'T MIND THAT. 
          I HAD, UM, COUNCIL MEMBER MENDELSON WANTED, UM, A FOLLOW UP ON THE PRIVATE EROSION PROJECTS AND UM, I BELIEVE, UM, COUNCIL MEMBER GRACIE WANTED, UM, AN OFFLINE CONVERSATION ABOUT THE, THE SPUR 4 0 8 AND WHETHER THAT'S TEXT OUT OR NOT. 
          AND THEN CHAIR RIDLEY, UM, YOU'D ASKED FOR THE LIST OF THE 10 PROJECTS. 
          WAS THERE ANYTHING ELSE THAT WE WANTED TO CAPTURE TO MAKE SURE? YES, YES. 
          WE'VE GOT THE PROPER FOLLOW UP. 
          YES. 
          UM, SHE, UH, MS. STANIFORD AND I ARE GONNA GET TOGETHER TO DISCUSS THE AREAS THAT HAVE BAR DITCHES THAT MAY NEED TO BE UPGRADED TO CURB AND CURB AND GUTTER. 
          GREAT. 
          ALRIGHT, THANK YOU. 
          AND THEN JUST TO CLARIFY, THE ITEM I WAS ASKING FOR WAS HOW MUCH WE HAVE TYPICALLY PAID ANNUALLY FOR PRIVATE EROSION? THAT'S CORRECT. 
          AND IF WE, OKAY. 
          I'M SORRY, I DIDN'T HEAR YOU CORRECTLY THEN. 
          OKAY. 
          OKAY, ROSA, IT'S THE MICROPHONE IS YOURS. 
          THANK YOU. 
          GOOD AFTERNOON. 
          ROSA FLEMING, DIRECTOR CONVENTION AND EVENT SERVICES, AND WITH ME TODAY ARE REGINAL WILLIAMS, MY ASSISTANT DIRECTOR AND KNOWING OSA, WHO IS THE PRESIDENT OF ALE OSA AND ONE OF THE CITY'S FINANCIAL ADVISORS. 
          SO WE'RE BRIEFING TODAY IN RESPONSE TO OUR BRIEFING ON JANUARY 28TH WHERE IT WAS ASKED IF WE WOULD COME AND GIVE AN EXPLANATION ABOUT THE SIB LOAN, HOW IT WORKS, AND WHAT WE WERE GOING TO SUBMIT IN THE APPLICATION. 
          SO IF WE GO TO, UH, THE BACKGROUND PAGE, NEXT PAGE PLEASE. 
          SO WE FIRST BROUGHT THE SIB LOAN TO YOU IN MAY 28TH OF LAST YEAR. 
          AND IN THAT WE ASKED FOR A RESOLUTION, WHICH IS THE REQUIRED FIRST STEP IN THE STATE INFRASTRUCTURE BANK PROGRAM. 
          WE ASKED AT THAT TIME TO, FOR COUNSEL TO APPROVE A $90 MILLION APPLICATION THAT WE WERE THEN DRAFTING, UM, TO TURN INTO THE STATE. 
          AS THE STATE REVIEWED IT, THEY INVITED US TO GO TALK TO THEM NOVEMBER OF 2025 AND THERE IS A CAP, A 
          [00:55:01]
BORROW OR CAP OF 116 MILLION. 
          THEY ASKED US TO COME BACK TO OUR COUNCIL. 
          THEY LIKED THE PROJECTS THAT WE ARE DOING, THEY UNDERSTOOD THAT THIS IS PART OF A LARGER ECONOMIC DEVELOPMENT PROJECT FOR THE STATE, FOR THE CITY AND THE REGION. 
          AND THEY ASKED US TO COME BACK TO COUNCIL SO THAT WE COULD APPLY FOR THE CAP. 
          SO IN JANUARY THAT'S WHAT WE DID. 
          WE CAME BACK AND WE ASKED COUNCIL TO APPROVE AGAIN. 
          THE WENT BACK TO THE FIRST STEP OF $116 MILLION RESOLUTION THAT WOULD ALLOW US TO THEN SUBMIT AN APPLICATION WITH THE APPROVAL OF THAT. 
          WHAT WE'RE DOING TODAY IS PROVIDING YOU KIND OF A PROGRAM OVERVIEW. 
          IF YOU GO TO PAGE THREE, THIS TALKS ABOUT THE PURPOSE OF THE LOAN. 
          SO IT'S A, IT'S A STATE RUN PROGRAM THAT REFURNISHED RE RETOOLS ITSELF TO THE REPAYMENT OF THE LOAN AS CITIES AND COUNTIES REPAY THEM FOR THEIR LOAN PROGRAM. 
          IT'S RUN BY TXDOT, IT IS SPECIFICALLY FOR PUBLIC TRANSPORTATION PROJECTS. 
          AND WE'VE LISTED HERE, I WON'T READ THEM ALL, BUT THEY GO THROUGH THE CADRE OF EVERYTHING FROM DESIGN AND CONTINGENCY TO CONSTRUCTION AND ALL OF THE THINGS THAT YOU NEED TO DO IN BETWEEN UTILITY REC, RELOCATION, ET CETERA, THAT ARE RELATED TO INFRASTRUCTURE, ROADWAY RELATED PROJECTS. 
          NEXT SLIDE. 
          SO AS WE MET WITH THEM, THEY JUST, UH, AS WE MET WITH TEXDOT AND THE STATE AND AT AUSTIN, WE LOOKED AT THEIR LIMITATIONS. 
          SO HERE WE'VE OUTLINED PER BORROWER, CITY OF DALLAS, IT'S 116 MILLION PER PROJECT. 
          IT'S 58 MILLION. 
          SO IF WE LOOK AT THE PROJECTS THAT WE'RE GONNA SHOW YOU IN A FEW SLIDES, EACH OF THOSE, THEY'LL ANALYZE THEM TO SEE WHAT WE'RE ESTIMATING THEM AT, AT THE TIME THROUGH OUR CONSULTANTS AND COME TO THAT 116 MILLION. 
          SO WE'LL PROVIDE THEM A LIST AND THEN THEY WILL PROVIDE US AN UNDERSTANDING OF WHAT THEY THINK BEST FITS IN THE CURRENT TIMEFRAME FOR THEM TO BE ABLE TO FUND. 
          RIGHT HERE IT TELLS YOU THE DEBT CAP PROJECT ALLOCATION IS 22 MILLION. 
          SO IF THERE WAS ANY PROJECTS THAT WE WERE NEEDING TO DO, AND THAT'S BEEN ONE THAT'S BEEN USED QUITE A BIT ON CLYDE WARREN. 
          I THINK CLYDE CLYDE WARREN JUST DID AN ALLOCATION THROUGH THIS PROGRAM LAST YEAR. 
          NEXT SLIDE. 
          SO I'M GONNA HAVE MR. OSA TALK TO THE TERMS AND CONDITIONS ON THE NEXT TWO SLIDES SO THAT YOU CAN GET AN UNDERSTANDING OF HOW THE FINANCING ACTUALLY WORKS. 
          SO BASICALLY, AS MS. FLEMING WAS, UH, UH, UH, ALLUDING TO THE PROGRAM IS RUN BY THE TDOT IS A PROGRAM THAT, UH, WE REFERRED AS A REVOLVING LOAN PROGRAM, WHICH ORIGINALLY, UH, INSTITUTED AROUND 2000 WITH ABOUT $275 MILLION. 
          CITIES AND COUNTIES FROM ACROSS TEXAS APPLY IN AND NOT VERY SIGNIFICANT DOLLARS FOR THIS TYPE OF A LOAN. 
          UH, BECAUSE THE PROJECTS ARE VERY SPECIFIC TO ONLY TRANSPORTATION IMPROVEMENTS. 
          UH, THIS PROJECT OF THE CONVENTION CENTER HAS A BIG PIECE OF TRANSPORTATION IMPROVEMENTS AND WE FELT COMPELLED THAT MAYBE THE CITY COULD QUALIFY FOR SOME OF THESE FUNDS. 
          UH, UNBEKNOWN TO US, WHEN WE MADE THE RECOMMENDATION, THERE WAS ONLY SO MUCH MONEY AVAILABLE. 
          TODAY, THEY HAVE ABOUT $170 MILLION AVAILABLE, OF WHICH WE BELIEVE THAT, UH, AFTER DISCUSSIONS WITH THEM, THAT THE CITY COULD APPLY FOR ABOUT $116 MILLION LARGELY. 
          AND IN PART BECAUSE OF THE FACT THAT YOU HAVE A LOT OF TRANSPORTATION PROJECTS WITHIN THIS PROJECT, I THINK THE, THE, THE SUM OF TRANSPORTATION RELATED IMPROVEMENTS IS NORTH OF $550 MILLION THEREABOUTS. 
          SO ONE 16 WILL BE THE PORTION THAT WILL BE BORROWED FROM THEM. 
          HOW WOULD IT BE BORROWED? IT'LL BE THROUGH A, A DIRECT LOAN BETWEEN THE CITY AND TDOT. 
          IT'S, UH, IT'S SORT OF AN EXEMPTION OF HOW CITIES TRADITIONALLY BORROW MONEY. 
          NORMALLY CITIES ONLY BORROW MONEY THROUGH GENERAL, GENERAL OBLIGATION BONDS, CEOS OR REVENUE BONDS. 
          THIS WILL BE A DIRECT LOAN BETWEEN THE CITY AND TXDOT. 
          AND WE WILL MAKE THE PAYMENT FROM LITERALLY THE SURPLUS ASSOCIATED WITH THE PROJECTED REVENUES FROM THE HVS STUDY AFTER MEETING ALL THE DEBT THAT WILL BE ISSUED FOR THE BENEFIT OF THE CONVENTION CENTER. 
          SO AT THE END OF THE DAY, GO THROUGH THIS WATERFALL, THE X NUMBER OF DOLLARS THAT ARE GENERATED BY THE HBS STUDY PAYS OFF VARIOUS BOND ISSUES. 
          WHATEVER'S LEFT WILL BE, UH, PAID TO TDOT. 
          THE BEAUTY ABOUT THIS LOAN TOO, UH, UM, YOU COULD ACTUALLY NEGOTIATE THE TERMS AND CONDITIONS WITH TDOT TO WHERE YOU DON'T HAVE TO MAKE PAYMENT, UH, OF PRINCIPLE AND 
          [01:00:01]
INTEREST FOR A, A NUMBER OF YEARS. 
          THREE FIVE MAXIMUM IS SEVEN. 
          I DON'T THINK THEY'VE EVER DONE A SEVEN YEAR GRACE PERIOD, BUT WE'RE CONTEMPLATING TO PUSH THE LIMIT AND, AND TRY TO PAY ON THE SEVENTH YEAR. 
          UH, THE INTEREST RATE WILL BE FIXED IF TODAY, UH, IF YOU TURN TO THE NEXT PAGE, SIX, THE THE WAY THE RATES ARE SET BY TXDOT IS BASED ON AN INDEX, KIND OF LIKE THE DOW JONES. 
          IN OUR, IN OUR FIXED INCOME SIDE, WE MAKE REFERENCE TO MMD INDEX, SOME MD INDEX. 
          TODAY, UH, THE 30 YEAR MMD INDEX ON A TRIPLE A PAPER IS AT A 4 27. 
          IN THIS PARTICULAR CASE, WE BELIEVE THIS TYPE OF A CREDIT, IF IT WERE TO BE PLACED IN THE OPEN MARKETS, WILL BE SOMEWHERE AROUND TRIPLE B, THE TRIPLE B MINUS. 
          SO IF YOU PUT A 30 YEAR LOAN TO THE MMD, INSTEAD OF FOUR AND A QUARTER, YOU'LL BE 40 BASIS POINTS ON TOP OF THAT. 
          SO WE'RE CONTEMPLATING SOMEWHERE BETWEEN 4 65 TO FOUR 70 IN TODAY'S MARKET. 
          THIS, THIS LOAN WILL NOT BE PRICED UNTIL ON OR ABOUT MAY. 
          SO WE'RE IN FEBRUARY TODAY. 
          AND, UH, UH, AS THE PROCESS OF NEGOTIATIONS GOES WITH T WE'LL HAVE A DEFINITIVE AMOUNT, UH, NUMBER OF RATE OF THE RATE BY OR AROUND MAY. 
          SO THAT'S HOW THIS WORKS AND I'LL LEAVE IT AT THAT. 
          THANK YOU. 
          IF WE, THANK YOU. 
          NO, IF WE GO TO THE NEXT SLIDE. 
          THIS IS, UH, WHAT YOU WERE ASKING FOR IN THE PRESENTATION IN JANUARY. 
          THE LIST OF PROJECTS THAT WE WOULD SUBMIT. 
          NOW, IT TOTALS WELL NORTH OF 116, BUT THIS IS THE CONVERSATION THAT WE HAVE WITH THEM. 
          WE TAKE THEM THE LIST, WE GIVE THEM $440 MILLION WORTH OF PROJECTS, AND THEN THEY TALK THROUGH WITH US AS TO WHICH ONES ARE MORE PALATABLE, WHETHER THEY'VE, THERE COULD BE A SITUATION, FOR EXAMPLE, WHERE THEY'VE FUNDED ALL OF THE GREEN SPACES OVER I 30 OR ANY OTHER, UM, OR ANY OTHER HIGHWAY OR INTERSTATE IN TEXAS. 
          AND SO THAT WOULD BE SOMETHING THAT THEY WOULDN'T FUND, BUT THEY WOULD LOOK AT THE REST OF IT, HAVE A CONVERSATION WITH US ABOUT HOW THOSE FEED INTO THE PROJECT, HOW THEY ARE TRANSPORTATION RELATED, AND THE TIMING OF THEM AS WELL. 
          ARE THEY SHOVEL READY? ARE THEY COMING EARLY IN THE PROJECT? ARE THEY COMING LATER? AND THEY'LL COME TO $116 MILLION WORTH OF PROJECTS. 
          WE'LL COMPLETE AND FINALIZE THE APPLICATION AND THEN GO THROUGH THE PROCESS THAT MR. RENO HASA JUST DESCRIBED IN TERMS OF SUBMITTAL TIMELINE. 
          ON THE NEXT SLIDE, YOU'LL SEE THAT WE CAME TO COUNCIL IN JANUARY. 
          OUR GOAL, UM, IF YOU ARE, UM, IF YOU FIND THIS SUITABLE, IS TO SUBMIT THIS WITHIN THE NEXT COUPLE OF WEEKS TO THE STATE WITH OUR INITIAL DRAFT. 
          YOU SEE THE PERIOD, WE'VE GIVEN THEM FEBRUARY THROUGH APRIL TO REVIEW OUR APPLICATION. 
          THEN IN MAY WE'LL GO, WE'LL HAVE A FINAL COMMUNICATION WITH THEM. 
          THEY WILL COME BACK AND SAY, THESE ARE THE LIST OF PROJECTS THAT WE'RE AGREEING TO ASSIST YOU WITH IN TERMS OF FUNDING. 
          WE'LL COME BACK TO UPDATE THE BRIEFING, LET YOU KNOW WHAT THOSE ARE. 
          WE CAN DO THAT EITHER IN A BRIEFING LIKE THIS OR IN A MEMO. 
          AND THEN WE'LL GO INTO THE AGREEMENT STAGE FOR IT WITH THE S LOAN FINALIZATION, AGAIN, COMING BACK TO COUNCIL IN AUGUST. 
          SO THERE'S A LOT OF TOUCH POINTS WITH COUNCIL AS WE MOVE FORWARD IN THIS APPLICATION PROCESS. 
          IF YOU GO TO THE, NOT THE LAST SLIDE, OUR RECOMMENDATIONS AND NEXT STEPS ARE TO COMPLETE THE APPLICATION BY THE END OF FEBRUARY. 
          UM, THE RESOLUTION NUMBER ON THIS SLIDE WILL BE CORRECTED. 
          IT SHOULD BE 26 DASH 3 0 4. 
          THAT'S THE RESOLUTION THAT WAS APPROVED IN JANUARY. 
          THIS IS THE ONE THAT WAS APPROVED IN MAY. 
          UM, WE'LL FOLLOW UP WITH CITY COUNCIL AGAIN TO CONFIRM SUBMISSION AND THE TEXT DOTS REVIEW. 
          SO WE'LL LET YOU KNOW WHERE WE ARE WITH THEM, AND THEN WE'LL PROVIDE THAT RECOMMENDATION FOR APPROVAL ONCE SUCCESSFUL IN AUGUST. 
          SO WITH THAT, WE ARE HAPPY TO ANSWER QUESTIONS. 
          I'LL START WITH YOU, UH, COUNCIL MEMBER GRACIE, AND THANK YOU SO MUCH FOR THIS. 
          AND, AND, UH, WE WERE JUST TALKING ABOUT THAT, AND I WANNA GET JUST A, A, A LITTLE BIT OF CLARITY ON THE, ON THE RATINGS. 
          UM, MR. OSA, YOU, YOU MENTIONED IT WOULD, IF WE WERE TO GO TO, TO MARKET ON THIS, IT WOULD BE A, A TRIPLE B RATING. 
          UM, BUT OUR OVERALL, THE CITY'S RATING, JUST AS A POINT OF CLARITY, OUR, OUR RATING ON OUR BONDS ARE AA MINUS, I THINK, OR SOMETHING. 
          THAT IS CORRECT. 
          OKAY. 
          SO THAT'S THE GEO RATING. 
          PERFECT. 
          YEAH. 
          AND THIS IS A SEPARATE RATING. 
          THAT'S RIGHT. 
          SEPARATE RATING. 
          AND JUST TO PUT THIS INTO CONTEXT, I'M, I'M 
          [01:05:01]
TRYING TO WHAT THIS IS A SORT OF A YES AND NO KIND OF A THING. 
          IT IT, WE JUST HAD THE BRIEFING ABOUT ON OUR WATER INFRASTRUCTURE AND THINGS AND HOW WE USE COMMERCIAL PAPER TO KIND OF USE THAT. 
          AND THEN WE'LL DO THE ISSUE, THE DEBT TO COVER THE, THE PAYMENT ON THAT. 
          WOULD THIS WORK SORT OF THE SAME WAY IN IN THAT ASPECT, OR IT'S JUST A COMPLETELY SEPARATE LOAN THAT, THAT WE WOULD BE RESPONSIBLE FOR PAYING OBVIOUSLY DIFFERENT SET OF DEBT SERVICE PAYMENTS, DIFFERENT PAYMENT TIMEFRAME AND ALL OF THAT. 
          CORRECT? THAT'S EXACTLY RIGHT. 
          SO IT IS STYLE, JUST LIKE A REVENUE BOND. 
          OKAY. 
          WE'LL HAVE A 30 YEAR MATURITY, BUT INSTEAD OF MAKING A PAYMENT ON YEAR ONE WITH PRINCIPAL INTEREST PAYMENTS, IT COULD BE AT, UH, THE FIRST PAYMENT ON THE THIRD YEAR, FIFTH YEAR, SEVENTH YEAR. 
          AND THEN FROM THAT POINT ON TILL 2057 THEREABOUTS. 
          I UNDERSTAND. 
          START WITH WHAT THE WAY THE OTHER BONDS ARE BEING STRUCTURED. 
          OKAY. 
          OKAY. 
          AND, AND JUST TO GIVE A LITTLE BIT OF CLARITY, WE HAVE A SEPARATE RATING FROM THE CITY OF DALLAS. 
          SO THE CONVENTION CENTER AS AN ENTERPRISE FUND HAS A DIFFERENT RATING. 
          AND WE WERE LAST RATED IN 2023. 
          THANK YOU. 
          SO IN FACT, SARAH'S RATING, THE UTILITY SIDE, I THINK IS RATED, UH, AT THE HIGH DOUBLE A. 
          THAT'S RIGHT. 
          YOU WERE THE THAT'S RIGHT. 
          THANK YOU. 
          SO THAT, THE UTILITY IS THE HIGHEST RATED AS CREDIT THAN THE CITY OF DALLAS. 
          THIS IS VENTURE CENTER RELATED. 
          ACTUALLY, THE PLEDGE REVENUES ARE MORE LIMITED IN THE HOT 3 31 AND 3 51 I THINK. 
          AND THEN PFC, WHICH IS A NEW CREDIT FOR THE CITY. 
          SO WE'RE TAKING THE MOST CONSERVATIVE APPROACH. 
          AND THEN THINK OF, THINK OF THE PLEDGE BEING THAT, AND THEN YOU HAVE DIFFERENT LIENS OF DEBT. 
          WE'RE CON OH, WE'RE CONTEMPLATING, UH, LIENS OF, UH, OOPS, SORRY. 
          THANK YOU. 
          UH, WE'RE CONTEMPLATING LIENS, UH, FIRST LIEN, UH, A BOND ISSUE, SECOND LIEN, AND THIRD, AFTER THOSE THREE LIENS ARE PAID, THEN YOU HAVE THIS FOURTH LIEN. 
          BUT IT'S NOT A LIEN, IT IS JUST ANYTHING THAT IS LEFT OVER. 
          THAT'S THE BEAUTY ABOUT WORKING WITH TXDOT. 
          THEY'LL WORK WITH YOU TO CAPTURE WHAT EVERYBODY'S LEFT IN THE SURPLUS ACCOUNT. 
          OKAY. 
          SO, ALRIGHT. 
          THANK YOU. 
          THANK YOU. 
          YES, SIR. 
          COUNCIL MEMBER KAENA. 
          I'M SORRY, I SKIPPED OVER YOU. 
          IT'S OKAY. 
          UM, I HAD A QUESTION ABOUT THE DEBT CAP GREEN SPACE. 
          SO, UM, FOR THAT, IS IT THE CITY'S RESPONSIBILITY FOR ACTUALLY THE, THE DECK PARK AND HOW WOULD THAT BE FUNDED? SO, SURE. 
          IF WE GO BACK SEVERAL YEARS, WE'VE BEEN WORKING WITH T.AS THEY WENT THROUGH THEIR DESIGN AND PLANNING FOR INTERSTATE 30. 
          AND IN 2022, I BELIEVE IT WAS APRIL, 2022, UM, WE SIGNED TWO ADVANCED FUNDING AGREEMENTS THAT COUNCIL APPROVED, AND THOSE WERE TO DO THE DECK CROSSOVERS, UH, AT WEST OF LAMAR, EAST OF LAMAR. 
          AND THEN A SEPARATE ONE WAS SIGNED TO DO THE THREE, CONNECTING THREE FINGERS THAT GO INTO OLD CITY PARK. 
          AND SO WE HAVE TWO ADVANCED FUNDING AGREEMENTS WITH THEM THERE. 
          AND THAT IS FOR THE CONSTRUCTION OF THE, THE THINGS THAT HOLD UP THE DECK, THE CAPS. 
          SO THEY'LL BE CONSTRUCTED AND DESIGNED BY TXDOT. 
          AND SO WE PAID THEM FOR DESIGN AND CONSTRUCTION. 
          IF WE WERE TO ASK FOR MONEY IN HERE, IT'S FOR THE PROGRAMMING THAT GO ACTUALLY GOES OVER 30. 
          SO THE PROGRAMMING OF THE DECK AND THEN WHERE WOULD THE MONEY COME FROM FOR THE ACTUAL DECKING OF IT? SO THE ACTUAL DECKING OF IT, THAT IS WHAT WE WOULD ASK FOR. 
          THAT'S WHAT'S ON THE LIST HERE IS THE ACTUAL DECKING. 
          ALL OF THE, WE'VE ALREADY, UH, PAID THE FUNDS OUT OF CONVENTION CENTER CAPITAL FUNDS FOR THE ACTUAL CAPS THAT HOLD UP THE DEBT. 
          OKAY. 
          THANK YOU. 
          YOU'RE WELCOME. 
          COUNCIL MEMBER BLAIR? OH, ABSOLUTELY NOT . 
          NO. 
          COUNCIL MEMBER BLACKMAN. 
          THANK YOU. 
          ONE QUICK QUESTION ON THE SCORING. 
          ARE WE COMPETITIVE AGAINST OTHER PROJECTS ACROSS THE STATE OR IS IT STANDALONE? HOW DOES THE SCORING HAPPEN? I WOULD LIKE TO SAY THAT IT'S, UH, UH, UH, FIRST COME FIRST OUT. 
          FIRST IN, FIRST OUT. 
          SO THERE'S ABOUT $170 MILLION WORTH OF PROJECTS. 
          THEY JUST APPROVE ABOUT THREE PROJECTS LAST MONTH. 
          UH, WE DON'T KNOW HOW MANY MORE PROJECTS ARE COMING IN, BUT IF WE DO SHOW UP AT THE NEXT MEETING ON OR ABOUT MAY, I THINK, UH, THIS WILL BE PROBABLY THE LARGEST PROJECT TEXTILE HAS EVER CONSUMMATED. 
          I MAY WANNA ADD THAT THE CL WARREN PARK, UH, UH, EXTENSION OF THE BRIDGE, WE DID THAT FOR THE CL WARREN PARK, UH, FOUNDATION. 
          AND THAT WAS ABOUT $21 MILLION IN CHANGE. 
          THAT WAS A VERY DEFINITIVE PROJECT. 
          IT WAS A 10 YEAR LOAN. 
          WE GOT A ONE 93% FOR THEM. 
          THIS IS NOT NECESSARILY THE SAME KIND OF A CREDIT THAT, UH, CL WARREN AND PARK HAD, UH, NOR THE, THE TIME THAT WE SECURED THE RATES FOR, UH, RATES WERE A LITTLE LOWER THEN. 
          UH, BUT HAVING SAID ALL THAT, UH, ONLY CL WARREN, AND THIS WILL BE THE SECOND PROJECT THAT DALLAS GETS FROM TXDOT. 
          SO WE'RE HOPING THAT THERE'S NO COMPETITION. 
          AND SO, BECAUSE YOU SAID PER BORROWER, 
          [01:10:01]
AND THEN YOU'VE MENTIONED THE FOUNDATION, SO THAT MEANS LIKE DARK COULD COME IN AND LOOK TO BORROW FOR THEIR DART OPERATIONS AND STATIONS IN THIS PROJECT, YES. 
          AS A SEPARATE, YES. 
          BUT THERE ARE NO, THERE'S NOT AN, AN INSURMOUNTABLE AMOUNT OF FUNDS. 
          THERE'S ONLY ABOUT $170 MILLION. 
          IF WE TAKE ONE 16, YOU KNOW, THAT LEAVES THEM WITH ABOUT $50 MILLION. 
          OKAY. 
          SO THAT, THAT WAS OKAY. 
          THAT WAS WHAT I, THEY'LL THEY'LL BE MINDFUL OF IT. 
          IT'S ALMOST LIKE A SHOVEL READY PROGRAM. 
          RIGHT. 
          OKAY. 
          SO, AND DO THEY GO UP TO THE AMOUNT REQUESTED OR DO THEY SPLIT THE BABY AND SAY, WE'LL GIVE YOU 75? THEY, THEY, IT WILL BE ONE LOAN, BUT IT, THEY WILL SPLIT 'EM DEPENDING ON THE APPLICATIONS THE WAY I UNDERSTAND, BUT THE, TO TOTAL LOAN, THE TOTAL WILL BE ONE 16. 
          AND THEY NEVER TELL YOU, YOU EITHER GO ONE 16 OR NOTHING. 
          THEY DON'T COME BACK AND SAY, WE ONLY HAVE NO, THEY, THEY COULD, THEY COULD COME BACK AND GIVE YOU 90 OR A HUNDRED. 
          OKAY. 
          YEAH. 
          THANK YOU. 
          YES, MA'AM. 
          VICE CHAIR, UH, ROTH. 
          THANK YOU. 
          UM, COUPLE QUESTIONS JUST TO UNDERSTAND HOW IT WORKS. 
          THE, UH, THE, THE LOAN IS A FIXED RATE LOAN. 
          YES, SIR. 
          THEY, THEY ESTABLISHED THE, THE PRICE IN MAY, THE RENT, THE, UH, UH, THE INTEREST RATE IN MAY. 
          MM-HMM . 
          IT'S A 30 YEAR OBLIGATION. 
          THERE'S NOT A REQUIREMENT THOUGH, NECESSARILY TO MAKE PAYMENTS EXCEPT FOR THERE'S A NEGOTIATION OPPORTUNITY FOR A PERIOD OF TIME. 
          MM-HMM . 
          IS DURING THAT IS, IS, IS, THERE'S OBVIOUSLY, AND I'M NOT SAYING OBVIOUSLY, IS THERE ACCRUAL OF THE INTEREST ON THAT UNPAID BALANCE EX EXCELLENT QUESTION. 
          YES. 
          SO AS LONG AS YOU TAKE DOWN THE LOAN, THE MINUTE YOU SECURE THE LOAN AND YOU GET THE PROCEEDS, THE INTEREST STARTS TO ACCRETE RIGHT TO ACCRUE. 
          AND, UH, IF YOU DEFER PAYMENTS, IT'LL COME BACK, LET'S SAY TO YEAR THREE OR YEAR FIVE OR YEAR SEVEN, THE FIRST PAYMENT WILL TAKE IT TO ACCOUNT. 
          THE FACT THAT YOU ACCRUED INTEREST FROM DAY ONE, IT'S NOT A 0% RATE ON THE FRONT END. 
          IT'S, IT'S A FOREIGN CHANGE. 
          SO YOU ACCRUE THE PAYMENT TO BE WHAT IT, WHATEVER IT WOULD BE. 
          AND WE WILL HAVE, WE'LL PROVIDE YOU WITH THOSE AMORTIZATIONS. 
          SO IF IT'S 115 MILLION OR WHATEVER IT IS, YOU'RE GONNA HAVE FIVE, 6 MILLION, YOU'LL HAVE 6 MILLION BUCKS IN INTEREST THAT'S GONNA ACCRUE FOR THE NEXT TWO OR THREE THAT IS CORRECT. 
          OR FIVE YEARS. 
          AND YOU HAVE TO PAY THAT FIRST. 
          YEAH. 
          YOU PAY THAT, YOU PAY THAT WITH THE, WITH THE WAY WE'RE GONNA SCHEDULE THE PAYMENT FROM YEAR FIVE OR YEAR SEVEN AND BEYOND ON A LEVEL ANNUAL BASIS. 
          SO SAY THAT THE A HUNDRED MILLION DOLLARS PAYMENT AT ANNUALLY IS GONNA BE $8 MILLION BY FACT, BY THE FACT THAT YOU ACCRUE THAT $5 MILLION INTEREST BETWEEN YEAR ONE AND YEAR SEVEN. 
          YOU'LL ADD THAT UP TO YEAR SEVEN WHEN YOU MAKE THE FIRST PAYMENT OF YEAR EIGHT AND BEYOND. 
          SO INSTEAD OF MAKING AN EIGHT OR $9 MILLION PAYMENT, IT COULD BE 11 OR 12. 
          IT'S SPREAD ALL THE WAY THROUGH. 
          BUT WHAT THAT GIVES US, IT GIVES US THE FLEXIBILITY TO DETERMINE, UH, THAT WE WILL HAVE CAPACITY BASED ON WHAT THE HVS STUDY IS PROVIDING, THAT WE'LL HAVE AVAILABLE FUNDS TO MAKE THAT PAYMENT ON A FOURTH LEAD BASIS. 
          THAT'S SOMETHING YOU WON'T GET IN THE OPEN MARKETS. 
          AND THEN, UM, THE, THE $440 MILLION WORTH OF PROJECTS, POTENTIAL PROJECTS, THOSE ARE ALL RELATED JUST TO THE CONVENTION CENTER. 
          THEY'RE RELATED TO THE CONVENTION CENTER AND THEN THE SURROUNDING STREET STRUCTURE. 
          OKAY. 
          AND SO IS THIS, IS THE FUNDING, UH, AMOUNTS AVAILABLE? ARE THEY RE, ARE THEY, DO THEY EVERY YEAR, DO THEY COME UP WITH A NEW BUDGET AMOUNT OF AVAILABLE FUNDS? IN OTHER WORDS, CAN WE, CAN WE, UH, DIP IN AGAIN NEXT YEAR IF THERE'S ANOTHER 115? YEAH. 
          IN OTHER WORDS, IT'S NOT A ONE SHOT, YOU'RE FINISHED, IT'S AS THE, IF THERE'S AVAILABLE FUNDS IN FUTURE, WE CAN APPLY TO TRY TO MANAGE SOME OF THESE OTHER COSTS AS THEY, AS THEY, OR AS THEY ACCRUE. 
          YEAH. 
          THAT, THAT'S CORRECT. 
          BUT WE'RE HOPING TOO, BESIDES THE SIV LOAN PROGRAM, THE WAY I UNDERSTAND SIV LOAN IS THAT, UH, WHATEVER FUNDS ARE AVAILABLE, THAT'S ALL YOU'RE GONNA HAVE. 
          IF, FOR EXAMPLE, LET'S SAY THAT WE'RE THE LAST APPLICANT THAT GOES IN THIS YEAR. 
          SO YOU TAKE FROM THE ONE 70, THE ONE 16 OFF, YOU GOT $54 MILLION LEFT AND NOBODY ELSE APPLIES. 
          THAT'S ALL THAT'S GONNA HAVE AVAILABLE THE FOLLOWING YEAR. 
          IF IN FACT, OTHER CREDITS PAY THEIR PRINCIPLE ON TIME OR WHATEVER AT THE 54 PLUS WHATEVER PRINCIPLE'S BEEN PAID. 
          THAT'S, THAT'S THE WAY THEY'VE BEEN RUNNING THIS PROGRAM SINCE 2000. 
          THE, THE, THE LEGISLATURE HAS AN APPROPRIATE NECESSARILY MORE FUNDS OR ALLOW TAX APPROPRIATE MORE FUNDS FOR THIS PARTICULAR PROGRAM. 
          BUT I SUSPECT AS THIS PROGRAM BECOMES, I THINK YOU'RE GONNA, YOU'RE GONNA MAKE IT KNOWN STATEWIDE THAT THAT'S THE DALLAS APPROACH TO C AND GOT SAID FUNDS THAT THEN WELL, WHERE'S THE REST OF THE MONEY? SO, YOU KNOW, WE ALL KNOW THAT THERE ARE PROJECTS IN HOUSTON AND AUSTIN BEING PITCHED RIGHT NOW. 
          SO IT WOULDN'T SURPRISE ME THEY GO AND APPROPRIATE MORE. 
          IF THEY DO, I SUSPECT WE COULD GO BACK AND APPLY FOR SOME MORE. 
          WHAT I'M HOPING OR WHAT WE'RE HOPING AS YOUR TEAM IS TO 
          [01:15:01]
GET THE, THE COUNCIL OF GOVERNMENTS TO HELP US WITH SOME FREE MONEY. 
          SO COMING BACK TO MISS MENDELSON HERE PRETTY SOON, I'M SURE WITH SOMETHING OF A REQUEST. 
          BUT ANYWAY, AND THEN MY LAST QUESTION IS, IS THAT, IS THE, UM, UH, AS WE'RE YOU CAME, Y'ALL CAME TO US FOR PERIODIC PAYMENTS, YOU ADVISED US THAT THE CONVENTION CENTER CONSTRUCTION AND APPLICA AND ACTUAL WORK, WE ARE, WE'RE ALLOCATING EVERY THREE MONTHS OR, OR EVERY SIX MONTHS OR WHATEVER IT IS. 
          UH, PARTIAL AND, AND, UH, ONGOING INTERIM PAYMENTS, THIS IS ONE OF THOSE INTERIM PAYMENTS THAT WE WERE TALKING ABOUT AT PREVIOUS COUNCIL MEETINGS. 
          THIS WILL BE ONE OF THE INTERIM SOURCES OF FUNDING FOR THE PAYMENTS FOR, UH, IT IS A FUNDING, BUT I MEAN, BUT THIS IS PART OF THOSE INTERIM CONSTRUCTION, UH, PAYMENTS THAT WE'RE PAYING ON THE PROJECT AS WE'RE GOING FORWARD. 
          CORRECT. 
          THANK YOU. 
          YES, SIR. 
          COUNCIL MEMBER MENISON. 
          THANK YOU. 
          SO WHAT HAPPENS IF YOU DON'T GET ANY OF THESE FUNDINGS? WELL, WE ARE HOPING THAT WE WILL. 
          IF, IF HE DOES IT WELL, THAT'S NICE. 
          BUT WE'RE TALKING ABOUT GOVERNMENT WORK HERE AND WE DON'T JUST HOPE, LIKE WHAT HAPPENS IF YOU DON'T GET IT? WELL, IT'S LIKE ANYTHING ELSE. 
          YOU CAN PLAN FOR AN OPEN MARKET OFFERING AND IF THE MARKETS DON'T, ARE NOT WILLING TO INVEST IN YOU. 
          LIKE NO LONG AGO, JUST, UH, I WANNA SAY TWO WEEKS AGO WE HAD PEOPLE FROM NEW YORK HERE IN TOWN TO PROVIDE CREDIT ENHANCEMENT. 
          WE'RE TALKING ABOUT THE CREDIT RATINGS AND THEY'RE IN THE TRIPLE B CATEGORY, LOW A CATEGORY FOR THAT MATTER. 
          WE THINK THAT BY HAVING TRIPLE, UH, DOUBLE A CREDIT ENHANCEMENT HELPS SECURE THE FINANCING. 
          SO THIS IS ONE, BUT WHAT HAPPENS IF YOU DON'T GET IT? THAT'S MY QUESTION, IF DON'T IT, IT MAKES IT A REAL, IT MAKES IT MORE CHALLENGING TO FUND THE ENTIRE PROJECT. 
          I UNDERSTAND. 
          IT'LL BE MORE CHALLENGING, BUT WHAT'S THE PLAN? WELL, THE PLAN IS TO GET, FIRST OF PLAN A IS TO GET THE FUNDING. 
          THEY'RE THERE. 
          WE DON'T HAVE A REASON TO NOT BELIEVE THAT WE'RE NOT GONNA GET THE FUNDING. 
          BUT SO LET'S YOU GO THAT ROUTE AND YOU TRY TO GO GET THE FUNDING. 
          IF IT'S NOT THERE, WELL THEN YOU HAVE TO MODIFY THE PROJECT. 
          EITHER SOURCES, THERE ARE CERTAIN THINGS THAT WE HAVE. 
          AND HOW WILL YOU MODIFY? THIS IS MY QUESTION. 
          I CAN ANSWER THAT QUESTION. 
          LET ME THANK YOU. 
          LET ME TAKE THAT. 
          SORRY ABOUT THAT. 
          SO THERE ARE SOME COMPONENTS OF THIS PROJECT, LIKE FOR EXAMPLE, THE GREEN SPACE THAT CAN BE DOWNSIZED IN HOW WE PROGRAM THE TOP OR WE CAN GO AFTER NAMING RIGHTS, ET CETERA. 
          ALL OF THOSE THINGS WOULD REQUIRE US TO COME TO YOU AND TO THIS BODY AND SAY, HEY, THIS IS HOW WE WOULD LIKE TO FINANCE IT. 
          THERE'S SOME OF THESE ON THIS, ON THIS LIST THAT CAN BE DEFERRED IN A PHASE TWO AFTER WE FINISH THE CONVENTION CENTER AND WE GO LOOK FOR FUNDING FROM OTHER SOURCES. 
          BUT THEY'RE NOT, THERE ARE QUITE A FEW ON THIS LIST THAT ARE NOT DAY ONE REQUIREMENTS IN ORDER TO OPEN AND FUNCTION THE CENTER. 
          AND SO WE WOULD THEN GO PLAN, WE WOULD LOOK AT THE DEBT THAT WE HAVE TO PAY, WE WOULD LOOK AT THE OPERATIONS, WHICH I'M BUILDING THAT BUDGET NOW, AND WHAT THOSE OPERATIONS WOULD COST LONG TERM SO THAT WE SEE WHAT THE BOTTOM LINE IS. 
          AND PART OF THE HVS STUDY THAT MR. OSA KEEPS REFERENCING SHOWS, UM, WITH THE, WITH THE GROWTH OF THAT PROJECT FINANCING ZONE AND IT PAYING TRIPLE VERSUS WHAT WE INITIALLY FORECASTED, ALTHOUGH WE CANNOT USE THAT AS SOMETHING TO, TO GO OUT INTO THE MARKET AND REVENUE BOND ON. 
          WE CAN PUT IT INTO A FUND THAT IS RESERVE FUND. 
          AND THAT IS SOMETHING THAT WE HAVE OUR FINANCIAL ADVISORS LOOKING AT NOW. 
          AND THAT IS HOW WE WOULD THEN PAY FOR ANY PHASE TWO THINGS, OPERATIONS, ET CETERA, THAT COME UP. 
          AND, UM, MS. NOEY, IF YOU COULD EXPLAIN HOW THAT RESERVE FUND THAT YOU'RE WORKING ON RIGHT NOW, AS IT AS IT FILTERS DOWN. 
          BECAUSE BEFORE YOU ANSWER, ARE YOU SAYING THAT A RESERVE FUND CAN PAY OPERATIONS FOR SOMETHING THAT WAS PART OF THIS, UM, THIS ZONE? THERE'S THE RESERVE FUNDS THAT WOULD BE SET UP FOR LONG-TERM MAINTENANCE. 
          SO IN EFFECT THEY COULD BE IT'S OPERATIONS OF THE BUILDING, KEEPING IT OPERATIONAL, BUT THEY WOULD BE USED FOR CONSTRUCTION CAPITAL RELATED EXPENSES. 
          OKAY. 
          YES. 
          THANK YOU. 
          I CAPITAL AFFAIRS, I DON'T THINK, NOT DAY, DAY-TO-DAY OPERATIONS AS IN SALARY OR ANYTHING LIKE THAT. 
          OKAY. 
          BUT THE OPERATIONAL MAKEUP OF THE ABILITY TO KEEP THE CONVENTION CENTER GOING? YES. 
          OKAY. 
          UM, SO YOU MENTIONED NAMING RIGHTS AND AT OUR LAST PRESENTATION YOU TALKED ABOUT, AND I DIDN'T ASK THE QUESTION, I'M ASSUMING WE'RE KEEPING THE NAME KAY BAILEY HUTCHINSON AND YOU'RE TALKING ABOUT NAMING RIGHTS OF LIKE INDIVIDUAL HALLS AND ROOMS. IS THAT RIGHT? YEAH, SO WHAT WE LOOK AT IS ASSETS INTERIORLY AND OUTSIDE AND WITHIN THE LARGER DISTRICT AS WELL AS LOOKING 
          [01:20:01]
AT THE GREEN SPACES THAT GO ACROSS, UH, ACROSS THE INTERSTATE. 
          SO IT CAN BE BROKEN DOWN IN A MULTIPLICITY OF PLACE. 
          SO I'M CONCERNED THAT WE WOULD BE SEEKING NAMING RIGHTS FOR THE CONVENTION CENTER WHEN WE ARE, UM, ACTIVELY FUNDRAISING FOR THE POLICE ACADEMY. 
          WELL, WE'RE NOT ACTIVELY DOING ANY NAMING RIGHTS RIGHT NOW. 
          WE HAVE DONE, UM, SOME WORK THAT'S NOT YET READY TO COME TO COUNCIL. 
          WE'RE IN THE MIDDLE OF OUR HOMEWORK FOR IT. 
          OBVIOUSLY WITH THAT, WE BRING IT TO OUR CITY MANAGEMENT TEAM AND THEN TO COUNCIL TO TALK THROUGH HOW THE WOOD WORK ONCE WE'RE DONE WITH THE HOMEWORK OF IT. 
          SO YOU, YOU NAMED THAT OFF AS AN ALTERNATIVE IF YOU DIDN'T GET THE, THE LOAN. 
          YOU ALSO MENTIONED IT AS A FUNDING SOURCE. 
          UM, IN OUR LAST PRESENTATION, WHAT IS THE DOLLAR AMOUNT YOU'RE EXPECTING OR YOU'RE PLANNING ON FOR NAMING RIGHTS? SO WE, UM, IN THE BUDGET, I THINK THAT WE PROVIDED YOU IN THE COUNCIL BRIEFING, IT WAS AT ABOUT, UM, A HUNDRED TO 200 MILLION. 
          WE'RE NOT DONE WITH OUR HOMEWORK YET. 
          RIGHT. 
          WE STILL HAVE TO, YOU JUST LITERALLY IN JANUARY APPROVED US TO GO FORWARD TO THE FINISHED DESIGN DEVELOPMENT AND, AND CONSTRUCTION DOCS ON THE CONVENTION CENTER. 
          AND SO ONCE WE DO THAT AND WE HAVE THE ENTIRE LAYOUT, THAT IS WHEN, UM, THE FIRM COMES IN AND THEY LOOK AT ALL OF THE PIECES OF THE BUILDING INTERIORLY THAT CAN BE NAMED WHAT A PLAZA LOOKS LIKE ONCE IT'S COMPLETELY DESIGNED. 
          AND WHEN WE GO OUT WITH THE DEVELOPMENT AGREEMENT, AND THEN TOO WITH THE, UM, AUDITORIUM, THE DALLAS MEMORIAL AUDITORIUM, LOOKING AT THAT AS IT'S DESIGNED TO SEE WHAT THE SPACES ARE THAT COULD BE NAMED. 
          SO TO YOUR POINT YES, INTERIOR AND EXTERIOR AND THE PLAZA AND THE DECK SPACES CAN BE LOOKED AT, WELL, I'M JUST GONNA SAY THIS SO IT'S ON CAMERA. 
          THERE'S NO WAY YOU'RE EVER GETTING $200 MILLION FOR NAMING RIGHTS FOR A CONVENTION CENTER THAT ALREADY HAS THE ENTIRE CENTER NAMED MM-HMM . 
          SO I JUST NEED TO SAY THAT. 
          UM, MY NEXT QUESTION IS THIS. 
          YOU HAVE THE ITEMS ONE THROUGH 12 ON SLIDE SEVEN MM-HMM . 
          CAN YOU ENUMERATE THE DOLLAR AMOUNT FOR EACH OF THOSE? IT, I SEE IT ADDS UP TO 4 40, 4 40 MILLION. 
          BUT HOW MUCH IS EACH ONE OF THOSE? UM, WHAT WE DID, WE, WE COMPRESSED THAT COLUMN BECAUSE WHEN WE GO OUT TO BID FOR THEM OF THESE THINGS, IF PEOPLE HAVE THE ACTUAL ESTIMATED DOLLAR AMOUNT, WE WON'T GET THE COMPETITION THAT WE NEED IN ORDER TO HAVE VARIOUS CONTRACTORS. 
          SO IF I ENUMERATED THEM, THEN I AM, IF TELLING EVERYONE EXACTLY DOLLAR FOR DOLLAR WHAT TO, TO BID ON THESE. 
          SO THAT'S THE REASON THEY ARE NOT THERE. 
          AGAIN, I THINK THERE'S A TRANSPARENCY PROBLEM WITH THE FINANCES OF THIS ENTIRE PROJECT. 
          UM, WERE ALL OF THOSE ITEMS ONE THROUGH 12 INCLUDED IN YOUR, UM, FINANCIAL INVESTMENT OF 3.5 BILLION? YES, THEY WERE. 
          THEY ARE. 
          THEY'RE ALL IN THAT BUDGET. 
          THEY'RE ALL IN THAT BUDGET. 
          OKAY. 
          THANK YOU. 
          SO ROSA, WHAT ANALYSIS WAS DONE TO DETERMINE THAT THIS SIB LOAN PROGRAM WAS THE LOWEST COST OPTION FOR FUNDING OF $116 MILLION? DID YOU COMPARE IT WITH REVENUE BONDS WITH THE PFZ FUNDING? PHC FUNDING? WE DID. 
          WE COMPARED IT TO WHAT THE MARKET WAS DOING AND PERFORMING AT THE TIME, AND WE FOLLOWED THE, UM, CLYDE WARREN PARK MODEL AS IT WAS GOING THROUGH THE PROCESS TO SEE WHAT THEY WERE LOOKING AT AS WELL. 
          AND SO WE RELIED PRETTY HEAVILY ON OUR FINANCIAL ADVISORS TO GIVE US GOOD ADVICE ON WHETHER OR NOT THIS WAS ACTUALLY A GOOD CHOICE FOR DOING A, UH, THIRD TIER. 
          YEAH, IT'S MORE LIKE A FOURTH TIER. 
          IT IS NOT, IT'S NOT NECESSARILY COUNCILMAN THE, UH, THE THE COST OF THE LOAN AS MUCH AS IT IS THE TERMS AND CONDITIONS AND WHERE IN THE STACK OF FUNDING FOR THE PROJECT THIS LOAN IS GONNA BE AT. 
          AND FOR AND FOR WHAT YOU'RE PAYING FOR, THAT IS THE MOST IDEAL PLACE TO GO TO. 
          NOW I MAY ADD THAT JUST BECAUSE YOU GET THE LOAN COMMITMENT DONE, WE WILL CONTINUE, REMEMBER WE HAVE THIS BRIDGE LOAN THAT WE'RE WORKING FROM, RIGHT? WE HAVEN'T GOTTEN TO THE FINAL PHASE OF, I THINK, UH, IN MARCH WE'RE PRESENTING THE, THE ENTIRE PLAN. 
          BUT BASICALLY AS WE GO DOWN THE LINE WITH FUNDING THIS PROJECT, WE'RE NOT, WE'RE NOT NECESSARILY GOING OUT THERE AND FUND TRANSPORTATION PROJECTS FROM THIS PROJECT RIGHT AWAY. 
          WE'RE GONNA 
          [01:25:01]
SIT TIGHT AND FIND EXACTLY WHERE WE ARE. 
          UH, GOING BACK TO NAMING RIGHTS AND GOING BACK TO OTHER SOURCE OF FUNDING. 
          WE HAVE A BASKET OF OPTIONS. 
          WE HAVEN'T DETERMINED WHETHER WE'RE GONNA HAVE TO GO OUTSIDE OF THE BASE OF OPTIONS TO GO AND ACCESS THIS. 
          SO WE'RE BASICALLY PUTTING YOU IN, IN THE BEST POSITION AT THIS PARTICULAR TIME OF FUNDING THIS, THIS, THIS PROJECT IN VARIOUS, THROUGH VARIOUS WAYS. 
          THIS JUST BEING ONE, IF IT ENDS UP BEING MORE EXPENSIVE THAN A THIRDLY FINANCING, WE'LL PULL BACK THES LOAN. 
          THE BEAUTY ABOUT THE SIB LOAN IS THAT WE DON'T HAVE TO MAKE PAYMENTS UNTIL WE CAN DEFER THE PAYMENTS. 
          THAT'S THE BEAUTY. 
          AND IF YOU LOOK AT THE HVS STUDY, YOU KNOW, TODAY THE HVS STUDY IN 2026 PROJECTS ABOUT 170, $135 MILLION WORTH OF REVENUES. 
          IN 10 YEARS FROM NOW, IT'LL BE AT $175 MILLION WORTH OF REVENUES. 
          SO WE'LL HAVE MORE TO WORK WITH AS, AS THE, AS THE, UH, THE PFC DISTRICT MATURES AS THE HOT TAXES MATURE TOO. 
          SO THAT'S WHAT WE'RE TRYING TO DO. 
          TIME, TIME, THE, THE PAYMENTS. 
          SO A FINAL DECISION ON WHAT'S THE MOST FAVORABLE FUNDING HASN'T REALLY BEEN MADE, IS WHAT YOU'RE SAYING? OBJECTION. 
          SO WHAT WE'LL DO, AS I SAID IN OUR, IN OUR TIMELINE WHEN WE COME BACK TO YOU IS SAY THE STATE HAS OFFERED THIS UP AT 4%, 4.25%, AND WE WERE LIKE 4 75 IN TODAY'S MARKET. 
          OKAY. 
          FOUR BECAUSE WE'RE IN TIER, WHATEVER. 
          OKAY. 
          SO 4.75% IN TODAY'S MARKET. 
          AND SO WE'LL COME BACK TO YOU WITH DATA ALONGSIDE THAT TO SAY, HEY, AT THIS POINT IN TIME, THE MARKET IS SAYING THIS BASED ON WHETHER OR NOT WE DO SOMETHING IN THE, IN THE MARKET MM-HMM . 
          OR WHETHER WE CONTINUE WITH THE, WITH THIS LOAN BEFORE WE COME FORWARD, IT'S A REQUIREMENT OF THAT LOAN THAT WE COME BACK TO COUNSEL AND MAKE A DECISION ON WHETHER WE MOVE FORWARD WITH IT. 
          AND WE WOULD NOT MAKE THAT DECISION AND CANNOT MAKE THAT DECISION WITHOUT YOUR INPUT. 
          SO YOU'RE ANTICIPATING BRINGING THAT TO THE COUNCIL IN AUGUST? YES. 
          SO WE'LL BRING IT, I'LL UPDATE YOU BEFORE THAT. 
          IF THEY MAKE A DECISION IN APRIL, WE CAN EITHER DO A PRESENTATION LIKE THIS, OR IF YOUR PREFERENCE IS A MEMO WHERE WE OUTLINE WHAT THOSE TERMS ARE COMPARED TO THE REGULAR MARKET, THEN WE'LL DO THAT AS WELL. 
          SO WE'LL DEFER TO, UM, TO YOUR PREFERENCE. 
          AND DO WE HAVE A CHOICE OF TAKING THE FUNDING IN TRANCHES OR DOES THE STATE REQUIRE YOU TO TAKE THE FULL LOAN AMOUNT AT ONCE SO THEY CAN START THEIR INTEREST RUNNING THAT? THAT'S A VERY GOOD, UH, VERY GOOD QUESTION. 
          I THINK AS PART OF THE, UH, IF YOU LOOK AT PAGE EIGHT, WE, WE ARE HOPING TEXT THAT APPROVES THE CAP, THE ONE 16. 
          AND PART OF THE NEGOTIATIONS ARE WHETHER WE CAN TAKE THAT IN TRANCHES, YOU KNOW, PIECE BY PIECE OR ONE, UH, I SUSPECT BECAUSE THEY'RE THE ADMINISTRATOR OF THE LOAN, THE EASIER FOR THEM, ONE LOAN, ONE AMOUNT, THE BETTER. 
          UH, BUT IT'S NOT NECESSARILY WHAT SHOULD BE EASIER FOR THEM, IT'S WHAT IS PRACTICAL FOR US. 
          RIGHT. 
          SO AT, AT THAT POINT, NOT KNOWING WHAT THE RATE IS TODAY, I MEAN, ALL WE'RE DOING RIGHT NOW IS FIGHTING AN APPLICATION. 
          RIGHT. 
          UH, HOPE, HOPING THAT THEY APPROVE IT, THEN WE GO BACK TO NEGOTIATIONS AND HOPING AT THAT TIME WE, WE CROSS THE GOT IT BRIDGE. 
          OKAY. 
          THANK YOU. 
          ANY OTHER FINAL QUESTIONS? OKAY. 
          THANK YOU VERY MUCH FOR YOUR PRESENTATION TODAY. 
          THANK YOU, SIR. 
          SO CHAIR RIDLEY, WHAT WE'LL DO IS WE'LL JUST NOTE THAT WE'LL EITHER DO A FOLLOW UP BRIEFING OR MEMO, UM, BASED ON, UM, THE FINDINGS OF WHETHER WE'RE ACCEPTED INTO THIS LOAN PROGRAM OR NOT. 
          YES. 
          SO WE'LL NOW MOVE ON TO OUR BRIEFING MEMORANDA, STARTING WITH C TRANSPORTATION PUBLIC WORKS QUARTERLY REPORT. 
          WERE THERE ANY QUESTIONS ABOUT THE TRANSPORTATION DEPARTMENT'S QUARTERLY REPORT? YES. 
          UH, COUNCIL MEMBER MENDELSON. 
          THANK YOU. 
          WELL, I JUST WANNA SAY THAT, UM, SINCE THE FIRST YEAR I WAS ON COUNCIL, WE WOULD GET THESE AND WHAT WE'D FIND IS IN THE FIRST QUARTER, LIKE MAYBE AN EIGHTH OF THE YEARS PROGRAM WOULD'VE BEEN COMPLETED AND EVERYONE ON THE COMMITTEE WOULD FLIP OUT LIKE, OH MY GOD, HOW ARE YOU GONNA EVER COMPLETE THIS DURING THE FISCAL YEAR? AND SO WHEN I SAW THIS MEMO, WHAT SHOCKED ME ACTUALLY WAS THAT 36% OF THE LANE MILES HAVE ALREADY BEEN COMPLETED. 
          AND I DIDN'T GO BACK AND LOOK AT ALL THE OTHER YEARS 'CAUSE I JUST REMEMBER THE FREAK OUT AND I WAS ONE OF THEM THAT HAD IT. 
          UM, AND SO I DON'T KNOW HOW YOU'VE DONE THAT. 
          AND I WAS JUST WONDERING IF YOU COULD TELL US IT, THIS IS VERY, VERY DIFFERENT THAN WHAT WE'VE EVER SEEN. 
          GOOD AFTERNOON GAS CON CARDI, DIRECTOR OF THE DEPARTMENT OF TRANSPORTATION PUBLIC WORKS. 
          UM, SO, UH, TWO THINGS HAPPENED ON THIS ONE HERE. 
          UH, AND CREDIT OBVIOUSLY TO COUNCIL 
          [01:30:01]
IS THAT ALLOWED US TO INCREASE THE CAPACITY OF THE CURRENT CONTRACTORS, UH, UH, CONTRACT. 
          AND NUMBER TWO, WE WERE LUCKY TO HAVE, UH, DECENT, UH, WEATHER THAT WAS RELATIVELY DRY AND WARM THAT ALLOW US TO BASICALLY GO IN. 
          AND THEN WE OPENED UP A LITTLE BIT OF ADDITIONAL WORKING HOURS, ESPECIALLY IN SOME OF THE LOCATIONS THAT ALLOWED US TO, UH, UH, TO TRY TO GET THE, UH, AS MUCH AS WE CAN. 
          AND THE END RESULT IS ON THE FIRST, UH, KIND OF QUARTER, WE WERE ABLE TO GET ALMOST 36% OF THE WORK DONE. 
          WHAT IF YOU FINISHED BEFORE THE END OF THE FISCAL YEAR? WE'RE GONNA KEEP GOING AND IF WE HAVE SOME ADDITIONAL FUNDING, RESIDUAL FUNDING, WE'LL KEEP GOING. 
          UM, THE THE POINT BEING IS THAT WE WILL, UH, DO EVERYTHING IN OUR POWER TO MAKE SURE THAT WE'VE GOT THE, UH, RESOURCES AVAILABLE AND, UH, WE ARE, WE'RE READY. 
          SO, UH, AND THEN ONE THING, IF I MAY ADD ALSO THAT, AND THANK YOU FOR, UH, POINTING THIS ONE OUT. 
          UM, WE ADDED ALSO THE DEFINITION OF WHAT WE'RE DOING, UH, TO THE REPORT. 
          SO, UH, FOR CLARITY OF WHAT WE'RE DOING AND WHAT TREATMENT IS BEING HAPPENING AT THE GIVEN LOCATION. 
          WELL, I, I THINK I'VE MANY TIMES TALKED ABOUT THE APPENDIX BEING VERY USEFUL AND APPRECIATED, BUT I JUST WAS REALLY SURPRISED WHEN I SAW THAT AND I DIDN'T KNOW IF THERE WAS SOME, SOME OTHER REASON. 
          BUT OKAY, I'LL ACCEPT WEATHER WORKING HARD EXTENDED HOURS AND THAT YOU COULD USE THE SAME CONTRACTORS WITHOUT REPROCURING, BUT WOW. 
          OKAY. 
          UM, I WILL, UM, SAY THANK YOU FOR ACKNOWLEDGING COUNCIL DID SOME OF THAT WORK, BUT ALSO CLEARLY THE PUBLIC WORKS DEPARTMENT'S WORKING REALLY HARD. 
          THANK YOU. 
          ANY OTHER QUESTIONS? OH, UH, YES, COUNCIL MEMBER BLAIR, I JUST WANNA SAY THAT I, I, I LOOKED AT ALL OF THE AREAS WITHIN THE CITY. 
          UM, THERE IS, I, I WANNA APPRECIATE THERE IS A REMARKABLE NUMBER ALL THROUGH THROUGHOUT THE CITY AND NOT A CONCENTRATION IN ONE AREA OF THE CITY. 
          SO WHEN IT, WHEN I LOOKED AT DISTRICT EIGHT AND I SAW WHAT WAS BEING DONE, I JUST WANNA SAY THANK YOU UP FRONT WHERE THAT, THAT YOU HAVE MY HOT SPOTS IDENTIFIED ON THIS, UM, LIST IN, IN, IN YOUR EXHIBIT B AND YEAH, AND A SO JUST THANK YOU AND THANK YOU THAT THIS IS EASY TO READ. 
          OH, YEAH. 
           AND, AND EASY TO IDENTIFY WHERE, WHERE, WHAT AREA OF THE CITY WE'RE LOOKING IN. 
          I JUST APPRECIATE THIS. 
          THANK YOU. 
          YES, MA'AM. 
          THANK YOU. 
          THANK YOU. 
          YES. 
          COUNCIL MEMBER DENNER, UM, JUST FOR THOSE THAT ARE WATCHING, HOW DOES A STREET, UH, GET ON THIS LIST OR QUALIFY? SO IF YOU RECALL, WE CAME, UH, TO, UH, WE DID A BRIEFING LAST YEAR. 
          UH, WE DO HAVE A, UH, UM, TWO CONSULTANTS. 
          SO WE DO, UH, AN ASSESSMENT OF THE EXISTING ASSETS AND THEN WE RUN THE PROGRAM BASED ON THE, UH, UH, SEVERITY OF THE DISTRESS ON THE ROADWAY. 
          AND IT HAS SEVERAL CRITERIA, IF YOU WILL. 
          AND THAT'S HOW THEY GET PRIORITIZED. 
          AND CERTAINLY, YOU KNOW, AGAIN, UH, COM PARALLEL TO THAT, WE DO HAVE THE NEEDS INVENTORY, UH, THAT WE KEEP BASICALLY ON, UH, ON FILE, IF YOU WILL, FOR, UH, PROJECTS THAT, UH, UH, YOU KNOW, IT COMES FROM, UH, COUNCIL MEMBERS AND OR, UH, MEMBERS OF THE PUBLIC. 
          SO DOES IT HELP FOR THE PUBLIC TO CALL 3 1 1 TO HAVE REPAIRS OR TO REPORT REPAIRS THAT MAYBE NEED TO BE DONE OR ASSESSMENTS? WELL, I MEAN, FOR THE REPAIRS, I MEAN, THERE IS A THREE ONE ONE ABILITY TO CALL AND, AND REPORT. 
          SO, UH, BUT OVERALL, I MEAN, LIKE I SAID, IT'S, WE, WE GO THROUGH THE ANALYSIS, UH, AND INVENTORY OF, UH, THE ASSET CONDITIONS THROUGHOUT THE CITY. 
          THANK YOU CHAIR. 
          CAN I ADD, UM, FOR COUNCIL MEMBER KINA, UM, THE LIST OF PROJECTS COMES FROM OUR INFRASTRUCTURE MANAGEMENT PLAN. 
          SO, UM, WHILE THE 3 1 1 CALLS ARE CERTAINLY HELPFUL AND, UM, HELPING US IDENTIFY AREAS OF CONCENTRATION, THIS LIST COMES FROM, FROM THAT STRATEGY. 
          OKAY. 
          THANK YOU. 
          THANK YOU. 
          AND DR. 
          K CARLY, THE FISCAL YEAR 25 26 PROGRAM IS ALREADY ESTABLISHED FOR THE USE OF THESE FUNDS, IS IT NOT? THAT IS CORRECT, SIR. 
          SO YOU'RE NOT PICKING UP NEW PROJECTS, UH, WILLY-NILLY, SO THAT, THAT IS CORRECT. 
          SO A COUPLE OF THINGS THAT ARE HAPPENING, IF YOU RECALL, WE HAVE THE INFRASTRUCTURE MANAGEMENT PLAN THAT IS A FIVE YEAR DEAL, AND NOW WE ARE IN THE PROCESS OF UPDATING THE NEW ONE. 
          SO WE CAN ISSUE THE 26 THROUGH 31. 
          AND THEN NUMBER TWO IS THE FACT THAT, UH, SOMETIMES LIKE YOU HAVE SEEN IN THIS LIST, WE MAY 
          [01:35:01]
HAVE A PROJECT THAT IS PLANNED, HOWEVER, WHEN WE FIND OUT, LET'S SAY DALLAS WATER UTILITIES IS PLANNING ON REPLACING WATER WASTEWATER LINE OR, OR SOMETHING ON THE ROADWAY. 
          SO WE, UH, SLIDE THEM DOWN AND THEN MOVE SOMETHING UP UNTIL THAT WORK IS DONE AND WE COME BACK. 
          SO THERE WILL BE SOME ADJUSTMENTS AND THIS IS WHY WE'RE WANTING TO SHOW WHAT IS INITIALLY WAS PLANNED AT THE BEGINNING OF THE YEAR, AND THEN HOW THINGS ARE PROGRESSING THROUGHOUT THE YEAR. 
          ALRIGHT. 
          OKAY. 
          SEEING NO FURTHER QUESTIONS, THANK YOU FOR YOUR PRESENTATION. 
          WE'LL MOVE ON TO ITEM D, WHICH IS A BRIEF, UH, BRIEFING MEMO UPON THE OPEN STREET STREET FESTIVAL SPECIAL EVENTS PROGRAM. 
          I HAVE A QUESTION ABOUT THIS. 
          YEAH, NO, JUST ASK. 
          SO COUNCIL MEMBER MENDELSON, YOU'RE RECOGNIZED FOR A QUESTION. 
          THANK YOU. 
          UM, SO ON THIS, THERE'S A QUESTION OF CHOOSING BETWEEN ALTERNATE UM, APPROACHES. 
          AND I JUST LIKE TO SAY I WOULD LIKE BOTH , I DON'T THINK WE NEED TO DO ONE OR THE OTHER. 
          AND SO, UM, OPTION A IS SUNDAY CLOSURES AND YOU'VE GOT FOUR DIFFERENT SUNDAYS, AND OPTION B UM, GIVES ONE WEEKEND AND YOU ACTUALLY GIVE THREE DIFFERENT OPTIONS OF THE THREE WEEKENDS. 
          AND I THINK EVERY SINGLE DATE LISTED IN THIS THING SHOULD BE DONE. 
          AND I THINK THAT THIS SHOULD BECOME A MASSIVE CELEBRATION FOR US, UM, DOWNTOWN. 
          LET'S SEE IT, AND LET'S CELEBRATE AMERICA TWO 50 AND SHOW OUR INTERNATIONAL VISITORS HOW WE REALLY CELEBRATE, UM, JULY 4TH AND, UM, AND OUR BIRTHDAY. 
          UM, BUT ALSO MAKE IT A PLACE THAT PEOPLE CAN COME AND GATHER AND ENJOY. 
          YOU KNOW, I SAW THERE WAS A BRIEFING THIS MORNING FROM QUALITY OF LIFE ABOUT SOME OF THESE ISSUES. 
          WHAT WE KNOW IS THAT NOT JUST DALLAS RESIDENTS, BUT PEOPLE ALL OVER THE REGION LOVE TO COME SEE LOTS OF LIGHTS. 
          SO I HOPE THERE'LL BE A MASSIVE DISPLAY OF LIGHTS AND, UM, I HOPE IT'S OBNOXIOUS. 
          I MEAN, I HOPE IT'S SO MUCH THAT PEOPLE ARE LIKE A WONDERLAND OF LIGHTS. 
          I HOPE THERE'S MURALS AND I KNOW DDI SAID THEY'RE GONNA CHALLENGE, UM, BUSINESSES TO PUT UP MURALS, WHETHER THEY'RE, YOU KNOW, MORE TEMPORARY, TEMPORARY, UM, OR PERMANENT. 
          LIKE LET'S CELEBRATE US. 
          AND THIS IS SOMETHING UNIQUE AND SPECIAL THAT DALLAS HAS, THAT A LOT OF OTHER PLACES DON'T HAVE. 
          YOU DON'T HAVE THIS KIND OF URBAN FEEL WHERE YOU CAN WALK THROUGH AND REALLY ENJOY. 
          I KNOW THERE'S AN EFFORT TO PUT SOME TEMPORARY SHOPS UP AND STANDS, AND I HOPE WE END UP KEEPING THAT IDEA. 
          I WOULD LOVE TO SEE THAT EXPAND TO ALL OF OUR PARKS TO HELP SELF SUSTAIN 'EM. 
          YOU KNOW, LET'S GO GET A SNOW CONE. 
          LET'S, YOU KNOW, GRAB A, A WATER, UM, STREET VENDORS, STREET SCAPES. 
          PEOPLE CAN TAKE INSTAGRAM PICTURES WITH, YOU KNOW, GEORGE WASHINGTON OR WHOEVER. 
          UM, THEY WANT, I HOPE DIFFERENT PARKS WILL HAVE DIFFERENT THEMES. 
          ONE CAN BE, YOU KNOW, OBVIOUSLY ABOUT OUR FOUNDING FATHERS, BUT ALSO, YOU KNOW, CIVIL RIGHTS ERA, SPACE, AGE, LIKE DIFFERENT PARTS OF OUR HISTORY THAT YOU CAN BE LIKE, OH, LET'S GO OVER TO MAIN STREET GARDEN. 
          THEY'RE DOING THIS. 
          OH, LET'S GO OVER TO THIS PARK. 
          THEY'RE DOING THAT. 
          I THINK THERE'S JUST A HUGE OPPORTUNITY HERE TO GET PEOPLE OUT IN THE STREETS, HAVE A VERY SIGNIFICANT POLICE PRESENCE, NOT A SIGNIFICANT HOMELESS PRESENCE, AND REALLY CHANGE THAT NARRATIVE FROM WHAT PEOPLE THINK DOWNTOWN IS WHEN THEY HAVEN'T BEEN HERE TO WHAT IT ACTUALLY IS. 
          THIS IS YOUR CHANCE. 
          IT'S AN AUTHENTIC CHANCE. 
          IT'S NOT CONVOLUTED. 
          IT'S THE REAL DEAL. 
          AND I HOPE YOU DON'T MISS IT. 
          AND LIKE, I CAN'T THINK OF A BETTER PLACE TO SHUT DOWN STREETS AND, AND MAKE THIS REALLY SPECTACULAR. 
          SO I HOPE YOU DO IT ALL WELL, WE APPRECIATE THAT AND THANK YOU. 
          I THINK THE TEST THAT WE DID DURING, UM, FOR THE HALLOWEEN EVENT, AND WE BROUGHT DDI WITH US TODAY TO BE ABLE TO TALK THROUGH HOW SUCCESSFUL THAT WAS. 
          I THINK IT REALLY SHOWED A GREAT COLLABORATION BETWEEN OUR DEPARTMENT, OUR STAKEHOLDERS, THE ABUTTING BUSINESSES THAT WERE ALONG THE STREET CLOSURE. 
          IT SHOWED A GREAT INTERNAL COLLABORATION BETWEEN DPD, FIRE TRANSPORTATION AND PUBLIC WORKS, AND ALL OF THE PARTNERS THAT CAME TOGETHER TO PUT IT TOGETHER. 
          SO I THINK YOU'RE, I THINK YOU'RE ABSOLUTELY RIGHT. 
          IT'S A GREAT OPPORTUNITY FOR THE CITY. 
          I I HEAR YOU SAY ABOUT THE INTERNAL COLLABORATION AND AS A COUNCIL MEMBER, I CARE ABOUT THAT. 
          BUT THE TRUTH IS I'M TALKING ABOUT SOMETHING VERY PUBLIC FACING THAT REALLY, I DON'T THINK THE CITY CAN PULL THIS OFF. 
          [01:40:01]
I THINK IT'S DDI WHO CAN DO IT. 
          AND I KNOW THAT EVERYBODY'S BEEN OBSESSED WITH FIFA. 
          DON'T MISS THIS CHANCE, DON'T MISS THIS OPPORTUNITY TO REALLY SHOW OFF DOWNTOWN IN ALL OF ITS BEST AND AUTHENTIC WAYS. 
          AND I HOPE THAT WE PULL THAT DECLARATION OF INDEPENDENCE THAT WE HAVE SITTING AT THE LIBRARY, ONE OF THE ORIGINALS, AND MAKE IT MORE ACCESSIBLE FOR FOLKS. 
          AND I DON'T KNOW IF WE HAVE TO BUILD A DIFFERENT CASE AND HAVE SOMETHING AMAZING ON THE PLAZA, BUT LIKE WE REALLY HAVE A CHANCE TO DO SOMETHING MEMORABLE, LIKE LIFETIME MEMORABLE RIGHT NOW. 
          AND I HOPE YOU DO IT. 
          THANK YOU. 
          ANYONE ELSE? VICE CHAIR ROTH? UH, THANK YOU. 
          I I ALSO SORT OF WANNA ECHO WHAT, UH, UH, CHAIR MENDELSSOHN HAS TALKED ABOUT. 
          UM, THIS IS REALLY A GREAT OPPORTUNITY TO GET SOME ACTIVITY DOWNTOWN AND I LIKE THE IDEA OF HAVING, UH, CLOSED STREETS AND FOR, FOR PARTICULAR EVENTS. 
          THIS IS DONE ALL OVER THE WORLD. 
          IT'S, IT'S, IT'S, IT'S REALLY A, A SIGNIFICANT DEAL. 
          WHAT I'D LIKE TO THOUGH, UH, SUGGEST OR REQUEST SOME, AT LEAST SOME THOUGHT ON THIS, IS TO MAKE PARKING AVAILABLE DOWNTOWN FOR FREE OVER THESE WEEKENDS. 
          UM, PEOPLE ARE STILL GONNA BE TRYING TO DRIVE AND UH, AND I THINK THAT ONE OF THE BIGGEST IM IMPEDIMENTS THAT PEOPLE HAVE IN COMING DOWNTOWN FOR EVENTS IS THEY GOTTA FIGURE OUT IF THEY'RE GONNA SPEND A LOT OF MONEY ON PARKING. 
          AND AGAIN, WHAT WE'RE TRYING TO DO IS CREATE AN ACTIVITY, A VENUE. 
          WE WANT TO ATTRACT THAT PEOPLE AND WE WANT TO, UM, ENCOURAGE PEOPLE TO TRY OUT THE STORE, TO WALK IN STORE AND FIGURE OUT IF THERE'S SOMETHING TO SHOP THERE. 
          AND IF THEY CAN COME DOWNTOWN AND SAY, WE'RE GONNA HAVE AVAILABLE PARKING, YOU DON'T HAVE TO WORRY ABOUT IT. 
          YOU DON'T HAVE TO BE CONCERNED ABOUT IT. 
          UH, PERHAPS SOME OF OUR STAKEHOLDERS, DDI, SOME OF THE PARKING, UM, UH, UH, COMPANIES THAT ARE, THAT ARE, UH, DEALING WITH THIS, ESPECIALLY THE MERCHANTS THAT CONTROL THEIR PARKING, I THINK IT NEEDS TO BE VERY CLEAR HOW PEOPLE CAN, CAN ACCESS THE VENUES THAT WE WANT TO GET THEM TO. 
          UM, TO SOLICIT JUST A SUGGESTION. 
          COUNCIL MEMBER BLACK. 
          THANK YOU. 
          OKAY, SO MY QUESTION BETWEEN THE OPTION A AND B, WOULD OPTION B ALSO HAVE FULL DAY STREET CLOSURES OPPORTUNITIES FOR MERCHANTS TO EXPAND FOOD AND BEVERAGE AND POTENTIAL AMENITY AMENITIES, BIKE VALET, WHATEVER IT DO THOSE FLOW INTO OPTION B AS WELL? BECAUSE OPTION B JUST SAYS SELECT ONE WEEKEND FOR THE FOLLOWING DATES. 
          UH, SO I'M KIND OF CUTE, I'M KIND OF CONFUSED ON WHAT EACH MEANS. 
          UH, YES. 
          SO, UH, THANK YOU SO MUCH FOR THAT QUESTION. 
          UH, IT WOULD, I BELIEVE ANYTHING THAT OPTION A AND B, IT'S JUST MORE OF A ADJUSTED DATE WISE FROM OUR DDI PERSPECTIVE. 
          WE WOULD JUST LIKE TO SEE SOMETHING CONSISTENT FROM A DATE, UH, PERSPECTIVE. 
          AGREE. 
          WE CAN I THINK, AGREE ON THAT. 
          I THINK IF YOU DO ONE DAY, I, I I ACTUALLY THINK A WEEKEND YES. 
          IS THE, AND MAKE IT AS ROBUST AND FUN AND, AND, AND MAKE IT VERY PEDESTRIAN FRIENDLY. 
          AND IT WAS LIKE, AND IT COULD BE LITERALLY LIKE, WELL I DON'T KNOW WHAT'S GOING ON IN DALLAS, BUT I KNOW IN DOWNTOWN DALLAS THERE'S SOMETHING GOING ON THIS WEEKEND. 
          'CAUSE ESPECIALLY FOR JULY 4TH, I MEAN, IT'S GONNA BE A SPECTACULAR TIME. 
          ABSOLUTELY. 
          UM, OKAY, WITH THAT BEING SAID, ARE Y'ALL GONNA COLLECT DATA IN WHICH TO THEN SUPPORT MORE CLOSURES FOR WEEKENDS AND MORE STREET CLOSURES FOR PEDESTRIAN OPPORTUNITIES? BECAUSE I THINK THAT'S, THAT'S WHAT WE NEED HERE IS THAT CONNECTIVITY WALKABILITY, UH, BETWEEN, YOU KNOW, BIG, UH, TICK, YOU KNOW, LIKE IF WE HAVE THE CONVENTION CENTER OR WHATEVER HAPPENS HERE OR WHATEVER IN WHATEVER GOES INTO THE DALLAS COLLEGE, WE NEED THOSE CONNECTIONS, ESPECIALLY LIKE IN THE FARMER'S MARKET. 
          AND I DO THINK COLLECTING DATA TO MAKE A CASE ON WHERE THAT IS TO THEN WHEN DDI IN THE CITY COMES WORKING TOGETHER. 
          'CAUSE I THINK WE NEED MORE CLOSURES TO BE QUITE HONEST. 
          I, FOR WEEKENDS FOR STUFF LIKE THIS, I ACTUALLY WANT THAT. 
          I WANT MARKETS. 
          I KNOW PROBABLY SOME OF Y'ALL ARE LIKE GOING OVER LIKE, LIKE TO KNOW THAT, OH WAIT, I DON'T KNOW WHAT'S GOING ON. 
          BUT I KNOW IF I GO TO THE ARTS DISTRICT TONIGHT, THERE WILL BE, IT'LL BE SHUT DOWN. 
          I CAN GET A GLASS OF WINE, THERE'LL BE PEOPLE, YOU KNOW, DIFFERENT CONCERTS HAPPENING. 
          I, THAT IS WHAT WE NEED IN MY OPINION, BUT I DON'T, UM, I DON'T LIVE DOWNTOWN, BUT THAT IS THE KIND OF DOWNTOWN THAT I LOOK FOR WHEN I TRAVEL. 
          SO, AND I THINK THIS IS AN OPPORTUNITY TO START MAKING THAT 
          [01:45:01]
CASE FOR AN OPPORTUNITY LIKE THAT. 
          YEAH, ABSOLUTELY. 
          SO AND WHAT IS YOUR NAME? I'M SORRY. 
          I'M SO SORRY. 
          MY NAME IS JUAN GALVAN. 
          I'M WITH, UH, DOWNTOWN DALLAS INC. 
          OKAY. 
          I'M THE DIRECTOR OF PARKS PROGRAMMING AND EVENTS. 
          I'VE BEEN WITH THE COMPANY FOR EIGHT YEARS NOW AND I MANAGE ALL OF OUR 12 PARKS IN DOWNTOWN DALLAS. 
          UM, MY, UH, FORTE IS CONCENTRATING ON OUR PARKS, VIBRANCY AND EVENTS THROUGHOUT THE ENTIRE PARK SYSTEM IN DOWNTOWN. 
          AND, UH, TRICK OR TREAT HAPPENS TO BE ONE OF OUR PROJECTS THAT WE DID. 
          AND, UM, SPEAKING BACK TO YOUR DATA QUESTION, UH, YES, WE CURRENTLY DO COLLECT DATA, UM, FROM A MONTHLY PERSPECTIVE. 
          IT'S CALLED PLACER AI, THAT WE DO FACILITATE NUMBERS FROM VISITATIONS, HOW LONG THEY DWELLED AND HEAT MAPS FROM WHERE THEY'RE COMING FROM. 
          UH, EITHER IT'S VISITORS, RESIDENTIAL OR EMPLOYEES. 
          AND THEN WE ALSO SHARE THAT INFORMATION FROM OUR PROJECT LAST YEAR, UH, FROM TRICK OR TREAT ON DOWNTOWN STREETS WITH, UH, OFFICES, SPECIAL EVENTS. 
          AND LAST YEAR THAT PROJECTED, UH, I BELIEVE OVER 7,000 PEOPLE CAME PEOPLE IN A THREE HOUR PERIOD. 
          EXACTLY. 
          WHICH MEANS THERE'S PENT UP DEMAND. 
          . 
          EXACTLY. 
          SO I THINK THE MORE WE GIVE IT, ESPECIALLY WITH ALL THE FOREIGN VISITORS, UH, FOREIGN TO DALLAS, YOU KNOW, AND NOT JUST FOREIGNERS, BUT JUST PEOPLE COMING INTO DALLAS FOR WHATEVER REASON, I THINK IS AN OPPORTUNITY. 
          AND, UH, IT, I THINK IT'D BE ONE TO BE KIND OF COOL AND FUN TO DO. 
          THANKS COUNCIL MEMBER GRACIE. 
          THANK YOU. 
          UH, I TOO, I, I LIKE THESE IDEAS AS WELL AND I, I WOULD JUST THROW SOME THINGS OUT THERE AS WE'RE, YOU KNOW, HAVING THESE CONVERSATIONS WITH DART AND THINGS LIKE THAT. 
          PERHAPS TRYING TO FIGURE OUT SOME WAY TO INCENTIVIZE PEOPLE TO ACTUALLY USE DART TO GET TO THESE THINGS AGAIN, LIKE YOU, WHEN I GO OUT TOWN, I ACTUALLY ENJOY JUMPING ON THERE 'CAUSE I WANNA SEE HOW PEOPLE LIVE ON A REGULAR BASIS. 
          BUT ALSO I DON'T REALLY LIKE TO PARK, LOOK, I DON'T LIKE FINDING PARKING, ANY OF THOSE KIND OF THINGS. 
          SO BEING ABLE, AS WE DO THIS, LET'S NOT THINK ABOUT JUST THIS EVENT. 
          LET'S THINK ABOUT HOW WE'RE TRYING TO BUILD THIS CITY INTO A CITY WITH THE EXPERIENCES WHEREVER YOU GO. 
          UH, SO LET'S JUST DRIVE SOME, SOME OPPORTUNITY TO INCENTIVIZE FOLKS TO, UH, TAKE THE DART INTO DOWNTOWN SO THAT WE CAN, THE POINT IS SO WE CAN SHUT IT DOWN SO THAT WE CAN HAVE FEWER CARS, HAVE MORE WALKABILITY AND I THINK WE WOULD, IF WE HAVEN'T, I WANT US TO CONSIDER WAYS WE CAN INCLUDE INCENTIVES FOR TAKING DART. 
          THANK YOU. 
          ANYONE ELSE? JUST WANNA ECHO WHAT, UH, COUNCIL MEMBER GRACIE SAID, I DEFINITELY AGREE THAT WE NEED TO MAKE SURE THAT WE HAVE TRANSPORTATION FOR PEOPLE TO, YOU KNOW, GET DOWNTOWN. 
          UM, AND I LOVE OPTION A JUST TO, UM, CLOSE DOWN THE STREETS AND, AND ALLOW PEOPLE TO, TO ENJOY DOWNTOWN. 
          THANKS. 
          GREAT. 
          UM, I TOO AM STRONGLY SUPPORTIVE OF AS MANY CLOSURES AS WE CAN ACTUALLY PROGRAM WITHOUT OVER WITHIN OUR RESOURCES TO DO THAT. 
          ARE THERE ANY OPPORTUNITIES FOR MONETIZING THIS CHARGING FEES TO THE VENDORS, STREET VENDORS OR THE STORES THAT UTILIZE PUBLIC RIGHT OF WAY WHILE IT'S CLOSED? SO THAT'S ONE OF THE THINGS THAT, UM, WE ARE EXPLORING RIGHT NOW IS CAN WE DO A VENDOR FEE PER BOOTH AND ALLOW THEM TO SET UP AND BASED ON THE SIZE OF THE BOOTH, ET CETERA. 
          AND SO WE'RE EXPLORING THAT WITH DDI WITH VISIT DALLAS AND WITH THE FIFA UH, ORGANIZING COMMITTEE AS WELL. 
          WELL, TO MAKE THIS A, A SUSTAINABLE EVENT THAT DOES CONTINUE PAST FIFA, FRANKLY I'D LIKE TO SEE IT HAPPEN ONE WEEKEND A MONTH, UH, GOING FORWARD, UH, WITH PERHAPS SPECIAL EVENTS FOR THE HOLIDAYS. 
          UM, WE ARE GOING TO INCUR CERTAIN COSTS FOR POLICING, BARRICADES, ET CETERA, THAT WE AT LEAST NEED TO COVER THOSE COSTS. 
          SO I, I REALLY THINK THAT'S AN IMPERATIVE TO LOOK AT WAYS THAT WE COULD CHARGE FEES, NOMINAL FEES, HOPEFULLY THAT WILL DEFRAY THAT COST SO THAT WE MAY NOT MAKE ANY MONEY, BUT AT LEAST WE WON'T LOSE ANY ON THIS. 
          ABSOLUTELY. 
          SO WE ARE EXPLORING THAT AND LOOKING AT THE COST OF THINGS LIKE IF WE BUY BARRICADES AND HAVE THEM AND RENT THEM OUT TO THE PEOPLE INSTEAD OF TAKING UP SOME OF THE BARRICADES THAT ARE CURRENTLY OFFERED BY PUBLIC WORKS SO THAT WE DEFRAY SOME OF THAT COST, NOT JUST FOR US, BUT FOR THE ORGANIZERS OF THE EVENTS AND THE PARTICIPANTS AS WELL. 
          SO WE'RE LOOKING AT ALL OF THOSE OPTIONS AS WE MOVE FORWARD. 
          OKAY. 
          GREAT. 
          ANYTHING FURTHER? ALRIGHT, UH, WE HAVE A FORECAST FOR THE NEXT TWO MONTHS AS ITEM E. 
          AND AT THIS POINT IT IS NOW 2:54 PM THE TRANSPORTATION AND INFRASTRUCTURE COMMITTEE IS HEREBY ADJOURNED. 
          WE NOT ASK ANY QUESTIONS ABOUT ITEMS, WHAT ITEMS.
* 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.