Dec 16, 2024 Town Council Archive

>> CAN I ASK A QUICK QUESTION?

>> YES, MA'AM.

>> YOU HEAR ME OKAY?

>> YES, MA'AM.

>> BECAUSE WE'RE JUST TALKING ABOUT THE REINSURANCE, THAT MEANS THAT EFFECTIVE 11, NO ONE HAS TO CHANGE PROVIDERS? IT'S NOTHING ON THE UNDERLYING THEY'RE ALSO.

IT'S JUST FOR THE REINSURANCE.

>> YES. IT'S JUST FOR THE REINSURANCE.

BLUE CROSS AND EVERYTHING.

>> THEN HAS VOYA EXPRESSED ANY INTEREST IN A MULTI YEAR DEAL WITH US?

>> NO.

>> TOUGH?

>> NO, IT'S BECAUSE WHAT I WAS EXPLAINING ABOUT THE DRUGS BECAUSE SO MANY OF THESE THINGS ARE HAPPENING SO QUICKLY, THEN IT'S JUST.

>> OUR BEST BET IS JUST TO KEEP AN EYE ON LEGISLATION FROM THE NATIONAL SIDE?

>> WELL, IT IS THAT, AND IT'S ALSO US WORKING WITH STAFF LOOKING AT YOUR DATA EVERY MONTH, TROLLING THE DATA AND LOOKING TO SEE WHAT WE REALLY TRY TO DO IS WE TRY TO SEE WHAT'S OUT THERE BEYOND THE HORIZON AND IT'S CHALLENGING BECAUSE THESE DRUGS THAT ARE COMING OUT, THEY'RE VERY EXPENSIVE.

THE ONES YOU SEE ON TV AT NIGHT, THEY'RE VERY EXPENSIVE.

US IS ONE OF ONLY TWO.

>> MY LAST QUESTION IS FOR JOHN, IF HE'S OVER THERE, I CAN'T SEE BECAUSE I DON'T HAVE THE SPLIT SCREEN, BUT FINANCIALLY, DO WE HAVE TO MAKE ANY ADJUSTMENTS TO THE BUDGET TO ACCOUNT FOR THE RESERVES THAT WE ARE THINKING ABOUT?

>> NO, MA'AM. AS WE BUDGETED THIS, THIS WILL COME IN RIGHT IN LINE WITH WHERE WE BUDGETED.

THIS WAS PROBABLY THE SCARIEST NUMBER I BUDGETED THIS LAST YEAR BECAUSE OF HOW COINSURANCE WENT LAST YEAR.

BUT WE FEEL THAT IT'S GOING TO BE ON POINT.

NOW IF WE DO GET HIT IT GO TO THE HIGHEST PART OF THIS LIABILITY, YES, WE'D HAVE TO MOVE MONEY.

BUT AS WE ANTICIPATE IT NOW, IT'S A PRETTY SAFE BET THAT WE'RE GOING TO FALL RIGHT IN LINE WHERE WE OUGHT.

>> GOOD. THANK YOU SO MUCH.

APPRECIATE IT. THAT'S ALL I HAVE.

>> ANYBODY ELSE HAVE ANY QUESTIONS?

>> I DON'T.

>> WE CAN GO AHEAD. YOU WERE ALL DONE WITH YOUR PRESENTATION, I GUESS, IS THAT RIGHT?

>> YEAH. I WAS DONE.

>> THAT WAS GREAT.

>> YES. THANK YOU.

>> IF THERE'S NOT ANY MORE QUESTIONS, WE CAN GO AHEAD AND MAKE A MOTION OR.

>> MOVE APPROVAL OF REGULAR ITEM J1 REINSURANCE.

>> ALL RIGHT. WE'LL TAKE THE ROLE.

>> DEPUTY MAYOR SCHIESTEL?

>> MAYOR MOORE.

>> COUNCIL MEMBER DREW?

>> ITEM J1 PASSES BY UNANIMOUS VOTE.

THANKS FOR THAT PRESENTATION. THANK YOU.

>> GOOD HOLIDAYS, MERRY CHRISTMAS.

>> YOU TOO. AT THIS TIME, WE'RE GOING TO CHANGE THE AGENDA A LITTLE BIT.

WE'RE GOING TO GO INTO A CLOSED SESSION.

[L. CLOSED MEETING (Part 1 of 2)]

THE TIME IS NOW 6:44.

WE'RE GOING INTO CLOSED SESSION PURSUANT TO TEXAS GOVERNMENT CODE 551, SECTION 071, 072, 074 AND 087.

WE WILL BE RIGHT BACK.

[00:45:04]

THE TIME IS NOW 7:14,

[M. RECONVENE (Part 1 of 2)]

AND WE ARE RECONVENING INTO OPEN SESSION AND THERE'S NO ACTION TO BE TAKEN AS A RESULT OF THE CLOSED SESSION SO WE WILL MOVE ON TO ITEM J2,

[J.2. TIRZ #2 - Amended and Restated Plan - Public Hearing to consider an ordinance amending and restating the Project and Finance Plan of Tax Increment Reinvestment Zone No. 2 (TIRZ #2).]

NUMBER TWO, THE AMENDED AND RESTATED PLAN.

TOMMY, YOU'RE GOING TO PRESENT ON THIS.

>> I'M HAPPY TO INTRODUCE MARY PETTY WITH P3 WORKS ON THIS SIDE.

>> ALL RIGHT.

>> GOOD EVENING, MAYOR AND COUNCIL, MARY PETTY WITH P3 WORKS WHERE YOUR TIRZ ADMINISTRATOR.

AT 5:00, THE TIRZ BOARD MET AND MADE A RECOMMENDATION RELATIVE TO THE AMENDMENT OF TIRZ NUMBER TWO'S FINAL PROJECT PLAN.

I WANT TO WALK YOU THROUGH THOSE HIGH LEVEL COMPONENTS.

JUST KEEPING IN MIND THAT UNDER THE STATUTE, YOU'RE MAKING AN ADJUSTMENT TO THE INCREMENT AND SO THE PUBLIC HEARING IS REQUIRED PRIOR TO YOUR VOTE, BUT IT WAS A RECOMMENDATION FROM THE TIRZ BOARD FOR THE APPROVAL OF THIS CHANGE.

TIRZ BOUNDARY HAS NOT CHANGED.

IT'S STILL THE REGULAR BOUNDARY THAT WAS APPROVED WITH CREATION.

THESE ARE THE MAP OF THE IMPROVEMENTS THAT WERE CONSIDERED AS TIER 1 IMPROVEMENTS AND WITHIN TIRZ NUMBER 2, THOSE ALSO HAVE NOT CHANGED.

YOU'LL SEE IN, SORRY, IN TIER 2 PROJECTS, THOSE ARE ALL THE TIER TWO PROJECTS THAT WERE CONTEMPLATED BY STAFF IN CONJUNCTION WITH CONVERSATIONS WITH COUNCIL RELATIVE TO WHAT NEEDED TO BE INCLUDED IN ORDER TO SUPPORT THAT AREA OF DEVELOPMENT FOR THE TOWN.

YOUR TIER 1 PROJECTS, REMEMBER ARE BEING COVERED BY 50% OF THE INCREMENT IN CONJUNCTION WITH IMPACT FEE REIMBURSEMENT THAT GOES THROUGH THE NORMAL STANDARD TOWN IMPACT FEE REIMBURSEMENT PROCESS AND THOSE DOLLARS ARE LAYERED IN THERE.

YOUR TIER 2 PROJECTS, THOSE ARE SPECIFIC AS DOLLARS BECOME AVAILABLE.

THEN YOU'LL SEE DOWN THERE UNDER THAT PUBLIC IMPROVEMENT SUBTOTAL LINE ITEM, ECONOMIC DEVELOPMENT PROGRAM.

AS WE APPROACHED THE COUNTY AND ASKED FOR THEIR PARTICIPATION IN THIS TIRZ, THE COUNTY WAS WILLING TO PARTICIPATE, BUT THEY ALSO CAME BACK TO THE TOWN AND SAID, "LOOK, WE SEE THIS AS A SIGNIFICANT COMMERCIAL AND RETAIL CORRIDOR IN CERTAIN AREAS AND WE WANT TO SEE AN ECONOMIC AND DEDICATED ECONOMIC DEVELOPMENT PROGRAM COMING OUT OF THE TIRZ, AND THEY WERE WILLING TO PARTICIPATE IN AN 80% INCREMENT, BUT THEY WANTED THE TOWN TO MATCH THAT 80%.

FOR YOUR CONSIDERATION RECOMMENDATION COMING FROM THE TIRZ BOARD IS THAT YOU GO TO THAT 80%.

NOW THE ORIGINAL 50% THAT WOULD BE ISOLATED FOR THE CIP PROJECTS FOR REIMBURSEMENT STILL REMAINS THE SAME.

IT'S JUST THE 30% INCREMENT ON THOSE SPECIFIC COMMERCIAL AND RETAIL CORRIDOR COMPONENTS WOULD BE ISOLATED FOR THE ECONOMIC DEVELOPMENT PROGRAM.

THAT PROGRAMS IDENTIFIED IN THAT TIRZ PLAN, AND THEN THE COUNTY'S 80% WOULD BE AVAILABLE TO PARTICIPATE ON BOTH TIER 1 AND TIER 2 PROJECTS.

THAT WOULD INCLUDE FACILITIES LIKE PARKS AND RECREATION FACILITIES AS WELL, NOT JUST INFRASTRUCTURE.

THE TERM HAS NOT CHANGED THE ACREAGE IN THE BOUNDARIES ARE SAME, THE TOWN INCREMENT WOULD GO TO 80% AND THEN THE COUNTY INCREMENT WOULD ALSO GO TO 80%.

YOU AMENDMENT TO THIS PLAN WOULD BE NECESSARY BEFORE YOUR NEXT ITEM, WHICH WOULD BE THE COUNTY PARTICIPATION AGREEMENT WHICH CONTEMPLATES THAT 80% AND THEN THE RELATED LANGUAGE TO THOSE TERMS THAT THE COUNTY HAS REQUESTED.

THIS IS YOUR FEASIBILITY STUDY.

AGAIN, IT REFLECTS THAT 80%.

THE COUNTY ALWAYS HAD INDICATED THEY WERE WILLING TO PARTICIPATE FOR A SHORTER TERM THAN WHAT YOU ALL WERE, BUT AGAIN, THAT 80% IS VERY HELPFUL.

YOU SEE YOUR INFRASTRUCTURE FUND ON THE RIGHT HAND SIDE OR FIRST GOLD SECTION, AND THEN YOU SEE THAT ECONOMIC DEVELOPMENT FUND.

REMEMBER, THIS FEASIBILITY PLAN IS JUST ESTIMATES.

NOBODY HAS A CRYSTAL BALL, NOBODY KNOWS HOW FAST THAT AREA IS GOING TO DEVELOP, BUT IF IT WERE TO DEVELOP AS QUICKLY AS SOME SPECULATE, YOU COULD POTENTIALLY SEE THIS TYPE OF REVENUES.

HAPPY TO ANSWER ANY QUESTIONS AT THIS TIME.

>> IS ANN STILL WITH US IN THIS MEETING? DO WE HAVE HER? I DON'T SEE HER TUNED IN.

>> I'M HERE.

>> THERE YOU ARE.

>> I'M GOING TO BE ON MUTE THOUGH BECAUSE THERE'S SOME BACKGROUND NOISE. I'M HERE.

>> DOES ANYBODY HAVE ANY QUESTIONS? IF NOT, THIS IS A PUBLIC HEARING, SO WE WILL OPEN THIS TO THE PUBLIC.

DO WE HAVE ANY COMMENT CARDS? DOES ANYBODY IN THE AUDIENCE HAVE ANY PUBLIC COMMENT THEY WANT TO MAKE ABOUT THIS ITEM? WE WILL CLOSE THIS OPEN SESSION AND THEN CLOSE IT AGAIN TO THE COUNCIL.

[00:50:03]

IF YOU ALL WANT TO HAVE ANY COMMENTS?

>> MARY, I GUESS I WILL ASK YOU TO ELABORATE ON THE ECONOMIC DEVELOPMENT PORTION OF THIS.

I'LL JUST MAKE A COMMENT.

THIS WHOLE WEST SIDE MIXED-USE PROJECT WOULD BE A HECK OF A LOT EASIER IF THIS APPLICANT AND THE TOWN WASN'T DEALING WITH OUR EXPERIENCE WITH THE RIVER WALK.

THE FACT THAT THAT DEVELOPER CAME IN AND MADE A LOT OF GRANDIOSE PROMISES IN EXCHANGE FOR PID, DIDN'T DO ANY OF IT.

THE COUNCIL AT THAT TIME DIDN'T BUILD ANYTHING INTO THAT AGREEMENT TO MAKE SURE THAT WE GOT EXACTLY WHAT WE WERE PROMISED AND NO LESS, AND IF THEY FAILED TO DELIVER THAT WE WOULD GET SOMETHING BACK FROM THEM.

WE NOW HAVE A CASE WHERE THIS DEVELOPER WANTS ADDITIONAL TIRZ FUNDS FOR ECONOMIC DEVELOPMENT.

THE WAY THIS WORK, AND CORRECT ME IF I'M WRONG, IS WE HAVE DEFINED CERTAIN CATEGORIES OF COMMERCIAL ACTIVITY.

IF HE IS ABLE TO STRIKE AN AGREEMENT WITH ONE OF THESE ENTITIES, HE CAN THEN USE THE 30% OF THIS TIRZ TO FUND WHAT? INCENTIVES? HOW DOES THIS WORK?

>> THAT'S A GREAT QUESTION. IT IS SPECIFIC TO TWO DIFFERENT AREAS.

YOU HAVE A COMMERCIAL CORRIDOR ON I-35 AND THEN YOU HAVE A COMMERCIAL CORRIDOR THAT IS GENERALLY IN THE MIDDLE OF THE PROJECT.

I'LL JUST PUT THAT UP THERE BECAUSE THAT'S HELPFUL.

THE ECONOMIC DEVELOPMENT PLAN, AS YOU IDENTIFIED, HAS CERTAIN CLAWBACK PROVISIONS, BUT ALSO UNDER CHAPTER 380 OF THE TEXAS LOCAL GOVERNMENT CODE, YOU HAVE TO IDENTIFY WHAT THE PLAN IS AND WHAT THE PROGRAM IS IN ORDER FOR THEM TO GET THAT INCENTIVE.

THAT'S BEEN DEFINED AND IT TIES BACK TO THE SURVEY THAT THE TOWN CONDUCTED RELATIVE TO THE TOP 20 TYPE COMMERCIAL AND RETAIL COMPONENTS AS WELL AS VERY UNIQUE HOTEL AND RESORT TYPE DEVELOPMENTS THAT COULD POTENTIALLY OCCUR WHEN YOU HAVE A GREEN OPEN SPACE LIKE THIS.

YES, TO YOUR POINT, VERY SPECIFIC, THOSE RETAIL COMPONENTS ARE IDENTIFIED BROADLY SO THAT IT CAN MEET THE NEED OF THE TIME RELATIVE TO THE HIGH QUALITY, BUT IT DOESN'T HAVE TO BE A PARTICULAR NAME.

THEN MOVING FORWARD, THAT DEVELOPER, IF THEY WANTED TO SEEK THOSE PROVISIONS, THE TOWN ALREADY HAS A CHAPTER 380 POLICY AND PROCESS IN PLACE, AND THEY WOULD GENERALLY FOLLOW THAT SAME PROCESS.

IT WOULD JUST BE TIRZ DOLLARS THAT WERE ISOLATED FOR THAT COMPONENT, BUT IT HAVE TO MEET THOSE SPECIFIC TOP 20 AND SPECIFIC RESORT AND HOTEL-TYPE LIMITATIONS THAT ARE IN THAT PROGRAM.

THEY WOULD APPLY FOR IT, BUT HAVING MET IT, IT'S A TIRZ BOARD OVERSIGHT FROM AN ADMINISTRATIVE STANDPOINT IN ORDER FOR THEM TO GET ACCESS TO THAT.

DEPENDING ON HOW IT'S STRUCTURED AND DEPENDING ON HOW THEY REQUEST IT, DEPENDS ON HOW IT GETS FUNDED, BUT IT STILL HAS TO ADHERE TO ALL OF THE DETAILS THAT ARE IN THAT PROGRAM THAT YOU ALL HAVE REVIEWED AND IDENTIFIED, AND STAFF HAS DONE A GREAT JOB OF TYING BACK TO YOUR SURVEY TO ENSURE COMPLIANCE.

>> IF THE APPLICANT WANTS TO PUT A GAS STATION OR A FAST FOOD RESTAURANT, ARE THE TAXPAYERS GOING TO BE SUBSIDIZING THAT, WHETHER THEY WANT TO OR NOT?

>> THOSE USES ARE NOT DEFINED IN THE PROGRAM AS BEING AVAILABLE, BUT IF THERE WAS A USE SUCH AS A HIGHER-END BIG BOX RETAILER THAT HAS GAS COMPONENTS WITH IT, THAT MIGHT BE ELIGIBLE, BUT NOT JUST A GAS STATION AND NOT JUST A FAST FOOD COMPONENT.

>> IF HE CAN GET A BIG WAREHOUSE STORE THAT EVERYBODY WANTS OUT THERE, DOES HE HAVE TO COME BACK TO US AND ASK FOR OUR APPROVAL IN THAT CASE, OR IS HE ABLE TO GO FORWARD AND JUST GET STRAIGHT TO WORK?

>> THAT'S A GREAT QUESTION. THEY HAVE THE LATITUDE TO BE ABLE TO SAY, THERE'S THIS AVAILABLE BUCKET OF DOLLARS AND WE CAN SEE THE PROGRAM AND WE CAN SEE THE PLAN, SO WHOEVER THEY ARE NEGOTIATING WITH, BEING THE RETAILER CAN SEE ALL THAT BECAUSE IT'S ALL PUBLIC DOCUMENTATION.

THEY CAN SEE WHETHER OR NOT THEY FIT WITHIN THAT PROGRAM, BUT THEN THEY STILL HAVE TO COME THROUGH THE TIRZ BOARD IN ORDER TO SEEK THE REIMBURSEMENT BECAUSE YOU HAVE TO HAVE A VEHICLE IN ORDER TO PROVIDE THE DOLLARS BACK TO THEM, SO THERE WOULD BE AN AGREEMENT THAT WOULD HAVE TO BE ENTERED INTO.

AGAIN, JUST LIKE YOU DO YOUR NORMAL TOWN 380 AGREEMENTS FOR SALES TAX AND COMPONENTS LIKE THAT, IT'S A SIMILAR PROCESS AND A SIMILAR AGREEMENT.

>> WE'VE DEFINED SPECIFIC CATEGORIES OF DESIRABLE RETAILERS, SPECIFIC HOTEL COMMERCIAL USES, BUT WE'VE EXCLUDED A LOT OF STANDARD LOWER-END USES THAT WE WOULD NOT NECESSARILY WANT TO INCENTIVIZE?

>> IT TIES BACK SPECIFICALLY TO THAT SURVEY THAT WAS CONDUCTED.

IF IT WAS A USE THAT TIED BACK TO THAT TOP 20 THAT THE RESIDENTS OF FLOWER MOUND ARE LOOKING FOR, THEN IT BECAME ONE OF THE USES THAT WAS DEFINED AS WORTHY OF BEING INCENTIVIZED.

[00:55:05]

THEN AGAIN TO YOUR POINT AND ADDED HIGHER-END RESORT HOTEL-TYPE COMPONENT AND THINGS OF THAT NATURE. YES, SIR.

>> WE'VE DEFINED WHAT WE WANT AND NOW WE'VE GIVEN HIM THE ABILITY TO GO OUT AND GET IT WITH THIS VEHICLE, BUT WHAT IF HE DOESN'T DO THAT? WHAT IF HE ONLY BRINGS A GAS STATION AND A FAST FOOD RESTAURANT AND THERE'S 30% SITTING THERE? WHAT HAPPENS WITH THAT 30%?

>> THOSE DOLLARS WILL BE UTILIZED.

THOSE ARE AVAILABLE DURING THE TERM OF THE TIRZ, BUT MY SUSPICION IS THAT AS REVENUES ARE GENERATED, YOU WILL HAVE DEVELOPERS COME IN AND CLOSE ON LAND AND THEN THEY WILL SEEK TO PROVIDE THE EXACT RETAILER YOU'RE LOOKING FOR BECAUSE THEY'RE NOT GOING TO FOREGO THAT COMPONENT.

BUT AGAIN, DON'T HAVE A CRYSTAL BALL TO BE ABLE TO GUARANTEE WHEN THE MARKET'S GOING TO DICTATE THAT.

>> IS THERE A USE-IT OR LOSE-IT COMPONENT TO THIS? IF HE DOESN'T BRING ANYTHING IN THE CALENDAR YEAR, DOES THAT MONEY REVERT TO SOME OTHER AVAILABLE SOURCE FOR US?

>> THOSE CORRIDORS ARE ISOLATED FOR THEIR COMPONENTS, BUT ALL OF THE OTHER 30%.

REMEMBER, AS YOU PARTICIPATE IN TIRZ ARE PARTICIPATING IN THE WHOLE BOUNDARY.

THE OTHER LAND PARCELS THAT WOULD BE GENERATING THAT ADDITIONAL 30% WOULD BE AVAILABLE TO BE USED FOR ALL THOSE OTHER TIER 2 AND MUNICIPAL SERVICES PROJECTS.

>> THE 30% IS SPECIFIC TO FIRST RANCH.

THE ECONOMIC DEVELOPMENT PORTION, IS THAT CORRECT?

>> IT'S TWO DIFFERENT CORRIDORS.

IT'S YOUR I-35 CORRIDOR AND THEN IT'S YOUR CORRIDOR THAT IS 1170 AND IN 77.

>> FOR THE REMAINDER OF THE TIRZ, WE DO NOT HAVE TO USE THE 30% FOR ECONOMIC DEVELOPMENT?

>> THAT IS BEING ISOLATED FOR ECONOMIC DEVELOPMENT. YES, SIR.

AS THEY NEGOTIATE THROUGH THAT WE'LL BE ABLE TO SEE WHAT THAT LOOKS LIKE AND THOSE WILL COME BACK TO THE TIRZ BOARD.

AS THEY ARE PROCESSING THROUGH THE DEVELOPMENT COMPONENT, THE TIRZ BOARD WILL HAVE A BETTER UNDERSTANDING OF WHAT THAT LOOKS LIKE.

YOU CAN ALWAYS COME BACK AND AMEND THE PLAN.

REMEMBER, YOU'VE GOT TO TAKE IT ALSO TO THE COUNTY FOR ANY OF THOSE AMENDMENTS.

ONCE WE KNOW WHAT'S HAPPENING, THEN THE TIRZ BOARD CAN MAKE REASONABLE RECOMMENDATIONS.

>> DOES THE COUNTY'S PARTICIPATION HAVE THE SAME RESTRICTIONS THAT WE HAVE ON OUR 30%?

>> THAT'S A GREAT QUESTION.

UNDER CHAPTER 311 OF THE TAX CODE, THE COUNTY'S INCREMENT CANNOT BE GRANTED UNDER CHAPTER 381.

THAT'S NOT IN CHAPTER 311.

ONLY THE TOWN'S 30% IS ALLOWED TO BE UTILIZED AS A CHAPTER 380 GRANT.

NOW, THE COUNTY UNDERSTANDS THAT AND SO AS THEY WERE WORKING THROUGH THESE COMPONENTS WITH THE TOWN, IT WAS UNDERSTOOD THAT THEY WERE GOING TO PUT IN THEIR 80% IN ORDER TO ALLOW THEIR DOLLARS TO BE USED FOR MORE INFRASTRUCTURE COMPONENTS SO THAT THE TOWN'S 30% WOULD BE AVAILABLE FOR THOSE CASH REGISTER REIMBURSEMENTS THAT THEY'RE LOOKING FOR/

>> BY COMMITTING 30% OF OUR FUNDS TO ECONOMIC DEVELOPMENT, WE'RE CAPTURING 30% FROM THE COUNTY THAT WE CAN USE FOR ALL OUR CAPITAL PROJECTS, TIER 1 AND TIER 2 AND THEN AVOID TAKING ON DEBT?

>> REMEMBER, IT'S ALL YOUR TIER 1 PROJECTS, ALL YOUR TIER 2 PROJECTS, BUT THOSE TIER 2 PROJECTS ARE LIMITED TO YOUR INFRASTRUCTURE, AND THEN YOUR CAPITAL VERTICAL INFRASTRUCTURE WOULD BE YOUR RECREATION AND YOUR PARKS.

TIER 2 PROJECTS, THAT WOULD BE ELIGIBLE TO BE REIMBURSED WITH THE COUNTIES DOLLARS, BUT REMEMBER ORIGINALLY, WHEN THE COUNTY FIRST WAS LOOKING AT THIS, THEY WERE LIMITING THEIR 50% TO PRIMARILY PARKS, AND THEN TO SOME ROADS, NOT ALL ROADS.

AS THEY WORKED THROUGH THIS AND TALKED WITH STAFF AND UNDERSTOOD THE IMPACT OF WHAT WAS GOING TO BE HAPPENING WITH THE TOWN'S 30%, AND TO YOUR POINT, SEVERAL THINGS YOU'RE POINTING OUT, THEY WERE WILLING TO SAY, WE'RE GOING TO PUT OUR WHOLE 80% IN, AND OUR WHOLE 80% IS GOING TO BE AVAILABLE FOR ALL THE TIER 1 PROJECTS AND ALL THE TIER 2 PROJECTS THAT ARE INFRASTRUCTURE HORIZONTAL, AND THEN THE VERTICAL COMPONENTS THAT WOULD BE PARKS AND RECREATION FACILITIES.

>> WITHOUT THE COUNTY'S ADDITIONAL 30% PAYING FOR ALLOWED PROJECTS, HOW WOULD WE PAY FOR THAT?

>> WELL, YOU WOULD BE VERY LIMITED BECAUSE ORIGINALLY, THE WAYS THAT TIRZ WAS STRUCTURED, THE 50% WAS ONLY PAYING FOR CIP PROJECTS AND THOSE WERE ONLY HORIZONTAL PROJECTS.

THE TIER 2 PROJECTS WERE INCLUDED IN THE HOPES THAT PERHAPS A, THE COUNTY WOULD PARTICIPATE AT 50%, BUT B, THAT YOU WOULD HAVE ADDITIONAL REVENUES THAT MIGHT BE GENERATED ABOVE AND BEYOND YOUR CIP PROJECTS, AND YOU WOULD BE ABLE TO UTILIZE THOSE FUNDS AT A DATE IN THE FUTURE, BUT WE ANTICIPATED THAT IT WAS GOING TO BE A VERY, VERY SIGNIFICANT DATE IN THE FUTURE.

WITH A COUNTY PARTICIPATING AT A HIGHER INCREMENT, THEN IT ALLOWS YOU TO MOVE UP THAT TIMELINE AND A GREATER POSSIBILITY, BUT YOU ALSO NOW HAVE ECONOMIC DEVELOPMENT INCENTIVE DOLLARS AVAILABLE, AND SO NOW THERE'S AN ADDITIONAL INCENTIVE FOR THE DEVELOPER TO GO GET THOSE RETAILERS AND THOSE COMMERCIAL COMPONENTS THAT THE TOWN FINDS SO DESIRABLE AND CAUSE THAT DEVELOPMENT TO OCCUR, OFTENTIMES SOONER THAN WHAT IT NORMALLY WOULD OCCUR.

THAT'S THE PURPOSE OF A TIRZ STATUTORILY IS THAT BUT FOR THE DEVELOPMENT AND THE TIRZ PIECE OF IT WORKING TOGETHER, IT WOULD NOT COME AS QUICKLY.

>> ONE OF THE CONCERNS WITH THE TIRZ IS THAT SINCE IT ISOLATES ALL THOSE FUNDS,

[01:00:03]

THE REST OF THE TOWN ENDS UP HAVING TO PAY TO CARRY THE MUNICIPAL SERVICES IN THAT DISTRICT.

OUR 100% TIRZ 1, WELL, THEY'RE NOT CONTRIBUTING TO POLICE FIRE AND THOSE SORT OF THINGS.

THAT WAS SPECIFICALLY MENTIONED IN THIS DOCUMENT AS AN ALLOWED EXPENSE. HOW WOULD THAT WORK?

>> THAT'S A GREAT QUESTION. IN THE EVENT THAT YOU HAVE A CAPITAL IMPROVEMENT PROJECT THAT IS ELIGIBLE, AND LET'S JUST SAY PARCEL A BUILDS CAPITAL IMPROVEMENT PROJECT 1, A PORTION OF THE IMPACT FEES REIMBURSED PROJECT 1, AND THEN THE REST IS REIMBURSED FROM THE TIRZ DOLLARS.

THEN AFTER THAT IS PAID OFF, ANY ADDITIONAL TIRZ DOLLARS GENERATED FROM THAT PARCEL, LET'S JUST SAY IT PAYS OFF IN YEAR 10.

NEXT 20 YEARS, THE DOLLARS THAT ARE GENERATED FROM THAT PARCEL CAN BE USED FOR YOUR TIER 2 PROJECTS, WHICH ARE ALL THOSE INFRASTRUCTURE COMPONENTS, INCLUDING PUBLIC FACILITIES, AND THIS IS THE TOWN DOLLARS, AND IT COULD PAY FOR POTENTIAL FIRE AND POLICE SERVICES, AS WELL AS INFRASTRUCTURE, SO CAPITAL PROJECTS THAT THE TOWN MIGHT DEEM NECESSARY, IT COULD GO TO PAY FOR THAT.

>> THE COUNTY'S PARTICIPATION WILL HELP PREVENT US TAKING ON DEBT.

THEN THE MUNICIPAL SERVICE THEY CAN AT LEAST PAY FOR A SHARE OF ITS OWN WAY, DESPITE BEING ISOLATED IN THE TIRZ.

THIS IS QUITE A BIT DIFFER THAN TIRZ 1.

>> YES, SIR. THE STATUTE CONTEMPLATES THAT MUNICIPAL SERVICES ARE AN ELIGIBLE EXPENDITURE WITHIN THE TIRZ.

WE JUST MADE SURE THAT IT WAS INCLUDED HERE SO YOU HAD THAT OPPORTUNITY.

TIRZ 1 WAS A SETUP PRIOR TO OUR INVOLVEMENT IN SEVERAL YEARS AGO.

>> RAY, CAN YOU COME UP REAL QUICK? I JUST WANT TO ASK ONE MORE QUESTION.

IF WE GET SOME OF THESE BIG DESIRABLE RETAILERS, COMMERCIAL PROJECTS, WE'RE GIVING UP 30% OF THE AD VALOREM, BUT WE'RE GETTING MAYBE SALES TAX THAT WE'RE NOT GOING TO DO.

IS THAT A GOOD TRADE?

>> IT IS A GOOD TRADE BECAUSE SAY, IF YOU TAKE ONE OF THE MAJOR BOXES, WHEN YOU LOOK AT SAY LIKE COSTCO, IF THAT WAS HYPOTHETICALLY SPEAKING, YOU'RE LOOKING AT ABOUT THREE MILLION DOLLARS IN SALES TAX FOR A FULL-SIZED COSTCO ON THAT, SO IT IS SIGNIFICANT MORE VALUE THAN WHAT THE PROPERTY TAX VALUE.

>> [OVERLAPPING] HOW MUCH PROPERTY TAX IS IT GENERATING?

>> ON THAT SAME BUILDING ABOUT 300,000, ABOUT A 10TH OF WHAT THE [INAUDIBLE] IS.

>> THAT'S A PRETTY GOOD TRADE-OFF.

>> IT IS. GOING BACK TO SOMETHING YOU ASKED A WHILE AGO, EVEN IF THEY WERE ON OUR LIST, WE DID EXCLUDE INCENTIVIZING FAST FOOD THROUGH THE PROCESS ALL THE WAY THROUGH IT.

>> I THINK THAT WAS A BIG PART OF OUR DISCUSSION, WAS MAKING SURE WE HAD THOSE DEFINITIONS THAT ARE IN THIS DOCUMENT TO MAKE SURE THAT WE GET WHAT WE WANT.

>> THAT'S CORRECT.

>> EQUALITY.

>> EXACTLY. THANKS, RAY. APPRECIATE IT, SIR.

>> DOES ANYBODY HAVE ANY OTHER COMMENTS THEY WANT TO MAKE? ANY OTHER QUESTIONS?

>> ORDINARILY, I ASK A LOT OF QUESTIONS, BUT I WANT TO COMMEND DEPUTY MAYOR PRO TEM SCHIESTEL FOR DOING SUCH A THOROUGH JOB.

I REALLY ENJOYED THAT AND HAD ALL MY QUESTIONS ANSWERED, SO THANK YOU.

>> HURRY BACK IN, PLEASE.

>> YOU DID GOOD. [LAUGHTER] DOES ANYONE WANT TO MAKE A MOTION?

>> MOVE APPROVAL OF REGULAR ITEM J2 AS PRESENTED.

>> WE'LL TAKE THE ROLE ON THAT.

>> DEPUTY MAYOR PRO TEM SCHIESTEL.

>> AYE. COUNCIL MEMBER WERNER.

>> ITEM J2 PASSES BY UNANIMOUS VOTE.

WE WILL MOVE ON TO ITEM J3, TIRZ NUMBER 2.

[J.3. TIRZ #2 - Participation Agreement - Consider authorizing the Town Manager to execute a participation agreement with Denton County for Reinvestment Zone No. 2 (TIRZ #2).]

THIS IS THE PARTICIPATION AGREEMENT FOR THAT.

ASSUMING MARY, YOU'RE COMING BACK UP OR TOMMY, ARE YOU DOING THIS ONE?

>> SHE CERTAINLY CAN, BUT I THINK SHE TOUCHED ON PRETTY MUCH ALL THE MECHANICS OF IT.

A LOT OF THE QUESTIONS WERE TOUCHED ON MANY OF THE ITEMS CONTAINED WITHIN THE PARTICIPATION AGREEMENT.

UNLESS THERE'S ANY ADDITIONAL QUESTIONS, I DON'T THINK MARY HAS A PRESENTATION.

>> DO YOU ALL NEED ANY MORE TIME TO TALK ABOUT THIS?

>> NO.

>> I THINK WE CAPTURED THAT IT INCREASES TO 80% AND THAT THEY HAVE ONLY CERTAIN THEY'RE WILLING TO CONTRIBUTE TO AND THAT'S ALL IN HERE.

I THINK THAT MARY, THEY HAVE THE RIGHT TO OPT OUT UP UNTIL WE TAKE DEBT, ISN'T THAT CORRECT?

>> YES, SIR. ON TIRZ NUMBER 2, THERE ARE TWO TERMINATION CLAUSES.

ONE IS IF THE TOWN UNILATERALLY AMENDS THIS FINAL PLAN WITHOUT TAKING THE REQUEST TO THE TIRZ BOARD, AND THEN AFTER THE TIRZ BOARD, IF THEY MAKE A RECOMMENDATION, WOULD THEN TAKE IT TO THE COUNTY FOR THEIR APPROVAL.

THE COUNTY CAN ALWAYS SAY, SURE, WE'LL PARTICIPATE, OR THEY CAN SAY, NOPE, WE'RE GOING TO STAY IN THE PROJECTS WE'RE IN, AND WE'RE GOING TO FOREGO THIS PROJECT OR FOREGO THIS CHANGE BECAUSE IT COULD EVEN INCLUDE A BOUNDARY CHANGE.

THAT'S ONE OF THE TERMINATION COMPONENTS.

THEN THEY HAVE THE RIGHT TO OPT OUT WITHIN THE FIRST YEAR,

[01:05:02]

AND THAT WAS JUST A PROVISION AS THEY'RE WORKING THROUGH ALL THE OTHER UNIQUE COMPONENTS RELATIVE TO THEIR PARTICIPATION IN [INAUDIBLE] WITH THE TOWN.

>> I'LL JUST ADD TO THAT THAT THE COUNTY'S PARTICIPATION IS WHAT'S MAKING THIS WORK.

WE'RE NOT DOING THIS ON OUR OWN.

THE COUNTY IS VERY MUCH IN LOCKSTEP WITH WHAT WE'RE TRYING TO ACCOMPLISH.

I THINK I NOTE FROM THIS IS THAT THEY WANT TO CONTINUE TO BE INVOLVED AND IT'S NOT UNILATERAL ON OUR SIDE.

THEY'RE GOING TO BE WITH US EVERY STEP OF THE WAY.

IF WE FOR SOME REASON, DON'T WANT TO INCLUDE THEM, THEN THEY'RE NOT GOING TO PARTICIPATE.

I THINK THAT I'M COMFORTABLE WITH THAT LANGUAGE.

>> THEY'VE BEEN VERY ACTIVELY INVOLVED. YES, SIR.

>> WE CAN GO AHEAD AND MOVE ON TO MAKE A MOTION ON THIS ONE.

>> I'LL MOVE APPROVAL OF REGULAR ITEM J3 AS PRESENTED.

>> WE'LL TAKE THE ROLE AGAIN.

>> DEPUTY MAYOR PRO TEM SCHIESTEL.

>> J3 ALSO PASSES BY UNANIMOUS VOTE.

WE'LL GO ON TO J4,

[J.4. TIRZ #1 - Amended Participation Agreement - Consider authorizing the Town Manager to execute an amended and restated participation agreement with Denton County in Tax Increment Financing Reinvestment Zone No. 1 (TIRZ #1).]

TIRZ NUMBER 1, AMENDED PARTICIPATION AGREEMENT.

MARY PETTY, BACK UP HERE.

[LAUGHTER]

>> THIS ISN'T REALLY A LONG PRESENTATION, MAYOR AND COUNCIL, JUST A REMINDER, YOU CREATED TIRZ NUMBER 1 MANY YEARS AGO.

THE BOUNDARIES HAVE NOT CHANGED AND THE MAP OF THE PUBLIC IMPROVEMENTS THAT WERE UNDERTAKEN.

THERE WERE ORIGINAL PROJECTS THAT WERE CONTEMPLATED IN THE TIRZ PLAN.

THE MAJORITY OF THOSE HAVE BEEN ACCOMPLISHED.

YOU SEE THAT THERE ARE SOME REMAINING BALANCES THAT COULD POTENTIALLY BE COMPLETED, BUT THOSE OUTSTANDING BALANCES ARE BEING RECONCILED AND HAVE BEEN RECONCILED BY THE FINANCE DEPARTMENT.

THERE WERE ADDITIONAL PROJECTS THAT WERE UNDERTAKEN BY THE TIRZ BOARD AND THIS AMENDED PLAN THAT YOU APPROVED EARLIER IN THE QUARTER, MADE THIS A HOUSEKEEPING COMPONENT AND TOOK CARE OF THOSE ITEMS. BUT THERE WERE A COUPLE OF THINGS THAT WE DISCUSSED AT LENGTH AND IT WAS THE EXTENSION.

REMEMBER THIS TERMS EXPIRES AT THE END OF THIS YEAR, BUT THERE WAS ONE MORE VERY LARGE PROJECT THAT BOTH THE TOWN AND THE COUNTY WERE ALIGNED ON AND THAT WAS THE ART CENTER.

IT'S A COMMUNITY ART CENTER, BUT WE WOULD REQUIRE US TO EXTEND THE TERM.

THE COUNCIL ACTED TO EXTEND THAT TERM BY FIVE YEARS.

YOU HAD TO EXTEND YOUR TERM FIRST AND AMEND YOUR PLAN BEFORE THE COUNTY COULD PARTICIPATE AND SO IT'S PART OF THE STATUTORY PROCESS. YOU'VE DONE THAT.

WHAT'S ON OUR NEW AGENDA NOW IS THE COUNTY PARTICIPATION, JUST A COUPLE OF REMINDERS.

REMEMBER, YOUR INCREMENT ON TIRZ NUMBER 1 WAS ORIGINALLY 100%.

WITH THIS MODIFICATION AND THIS EXTENSION, YOU WOULD DROP TO 80%, AND THEN EACH YEAR AFTER THAT, YOU'RE DROPPING 5%.

THE COUNTY WAS ORIGINALLY AT 80%.

THEY'LL REMAIN THERE FOR THAT FIRST YEAR AT 80 AND THEN THEY TWO WILL ALSO DROP 5%.

JUST RECALL THAT THAT'S AN ADJUSTMENT THAT'S ALREADY BEEN CONTEMPLATED IN YOUR TIRZ PLAN, BUT IT WOULD BE PART OF THIS COUNTY TIRZ PARTICIPATION AGREEMENT THAT THEY WOULD ALSO REALIZE THAT.

THIS WAS YOUR ORIGINAL FEASIBILITY STUDY, AND THEN THIS WOULD BE YOUR MODIFIED ONE BELOW THE LINE AS YOUR ADDITIONAL FIVE YEARS, AND THAT SHOWS BOTH THE COUNTY AND THE TOWN DECREASING YOUR NEXT YEAR WOULD BE 80% AND THEN YOU WOULD DECREASE FROM THERE.

HAPPY TO ANSWER ANY QUESTIONS, BUT YOU'VE ALREADY TAKEN ALL THE ACTIONS NECESSARY FOR THE TOWNS DOLLARS TO BE COMMITTED AND FOR THAT EXTENSION TO OCCUR.

THIS ACTION WOULD SIMPLY BE TO ENTER INTO THAT PARTICIPATION AGREEMENT.

ONCE AGAIN, THE COUNTY HAS BEEN VERY ACTIVE IN NEGOTIATING THAT AND MAKING SURE THE LANGUAGE IS IN THERE THAT THEY'RE COMFORTABLE WITH HAS A TERMINATION PROVISION THAT IF YOU CHANGE SOMETHING AND THEN VERY SPECIFICALLY, MAKING SURE THAT THE DESIGN COMPONENTS OF THAT COMMUNITY ARTS FACILITY DOESN'T INCLUDE A PARKING COMPONENT BECAUSE THAT'S VERY IMPORTANT TO THAT AREA.

>> I DO AGREE. I THINK THE COUNTY HAS BEEN EXCEPTIONAL IN PARTICIPATING IN THIS AND IT WILL HELP US TO GET THAT CULTURAL ARTS BUILDING, WHICH WILL BE GREAT.

DOES ANYBODY HAVE ANY QUESTIONS FOR MARY PETTY?

>> FOR THE COST OF THE CULTURAL ARTS CENTER, IF IT DOES COME IN LOWER THAN THE $50 MILLION AND WE CONTINUE TO BUILD UP OUR TIRZ 1 FUNDS, WHAT HAPPENS TO THE REMAINING FUNDS?

>> THAT'S A GREAT QUESTION. IF THE DESIGN AND THE FINAL BID ARE LESS THAN WHAT WE ANTICIPATE, THERE'S A COUPLE OF OPTIONS.

WE DON'T WANT TO CLOSE OFF THAT JUST BASED ON A BID.

WE'RE GOING TO WANT TO COMPLETE THE CONSTRUCTION COMPONENT.

ONCE CONSTRUCTION WAS COMPLETED AND IF WE FINISH, LET'S JUST SAY IN YEAR 3 OF THAT FIVE YEAR EXTENSION, AND WE COULD SEE THAT WE'RE GOING TO COVER ALL THE COSTS, THE TOWN COULD TAKE ACTION TO SAY, OKAY, THE LAST PROJECT WAS THE COMMUNITY HOUSE FACILITY AND IT'S BEEN COMPLETED AND SO NOW WE'RE TAKING ACTION, SAYING ALL PROJECTS ARE PAID FOR, WE'RE TERMINATING IT EARLY.

IF WE FINISHED IT AND WE WERE MID-YEAR AND WE NEEDED PART OF THE MONEY FROM THE NEXT YEAR, THEN WE WOULD GO AHEAD AND JUST MAKE SURE THE ACCOUNTING WAS STRAIGHT, AND THEN THE TOWN COULD TAKE ACTION TO TERMINATE IT THE FOLLOWING YEAR.

THEN IF THERE WERE ANY RESIDUAL DOLLARS REMAINING IN THE TIRZ FUND, UNDER CHAPTER 311,

[01:10:02]

IT ALREADY SAYS THAT THE DOLLARS ARE RETURNED TO THE ENTITIES THAT PUT THE MONEY IN AND THE MANNER IN WHICH IT WAS, SO IT WOULD BE THE RATIO OF WHAT THEY PARTICIPATED AT THE RATE THEY PARTICIPATED.

YOU WOULD JUST RETURN WHATEVER EXCESS MIGHT BE AVAILABLE.

BUT AGAIN, NOT KNOWING WHAT THE DESIGN IS, WE DON'T KNOW WHAT THOSE NUMBERS ARE.

>> THAT WOULD RETURN TO THE GENERAL FUND?

>> YES, SIR. WHEN YOU TERMINATE IT, IT WILL RETURN TO THE GENERAL FUND THE NEXT YEAR.

>> YES, SIR.

>> THANK YOU, MARY. DOES ANYBODY WANT TO MAKE ANY MORE COMMENTS OR MAKE A MOTION?

>> I'M READY WITH THE MOTION IF THERE'S NO OTHER COMMENTS.

>> LET'S DO IT.

>> APPROVE REGULAR ITEM J4 AS PRESENTED.

>> WE'LL TAKE A ROLL CALL.

>> COUNCIL MEMBER TAYLOR?

>> DEPUTY MAYOR PRO TEM SHISTO.

>> J4 PASSES BY UNANIMOUS VOTE.

FLYING THROUGH THESE.

ITEM J5.

[J.5. MISC24-0001 - Radionov Lot-to-Lot Drainage Exception - Consider a request for an exception (MISC24-0001 – Radionov Lot-to-Lot Drainage Exception) to the Engineering Design Criteria and Construction Standards adopted through Chapter 32 of the Code of Ordinances in order to allow lot-to-lot drainage. The property is generally located west of Morriss Road and south of Hazy Meadows Lane. (PZ recommended approval by a vote of 6 to 0 at its December 9, 2024, meeting.)]

LEXIN, YOU'RE PRESENTING TONIGHT?

>> THAT'S CORRECT.

YOU'RE READY FOR ME TO START, MAYOR?

>> YEAH, YOU CAN GO AHEAD.

>> THIS IS A MISCELLANEOUS ITEM THAT'S BEFORE COUNCIL TONIGHT.

IT IS FOR A LOT-TO-LOT DRAINAGE EXCEPTION.

HERE'S THE GENERAL LOCATION OF THE PROPERTY.

YOU CAN SEE IT'S TO THE WEST OF MORRIS AND SOUTH OF HAZE MEADOWS LANE.

HERE'S A MORE DETAILED VIEW.

THE ONE ON THE RIGHT IS A LITTLE BIT OLDER, SO THOSE BUILDINGS HAVE ACTUALLY BEEN DEMOLISHED NOW.

THERE'S A MORE UPDATED AREAL THERE TO YOUR LEFT.

THE LAND USE FOR THIS PROPERTY IS MEDIUM DENSITY RESIDENTIAL.

THE ZONING IS SINGLE FAMILY ESTATE.

COUNCIL MAY RECALL, NOT TOO LONG AGO THIS CAME FORWARD WITH THAT REQUEST TO CHANGE THE ZONING TO ESTATE.

IT WAS MULTIPLE LOTS THAT WERE PIECED TOGETHER WITH THE INTENTION OF THE PROPERTY OWNER WANTED TO BUILD ONE HOME ON THE PROPERTY.

THEY'RE STILL TRYING TO MAKE THAT HAPPEN.

THIS IS THE ISSUE THEY'VE RUN INTO IS HOW TO ADDRESS THE DRAINAGE ON THE LOT.

HERE'S THEIR PROPOSED DRAINAGE PLAN.

I'LL JUST PUT THAT OUT THERE FIRST AND THEN GO INTO MORE DETAILS.

HERE'S SOME PHOTOS FROM THE SITE.

THIS IS LOOKING SOUTHWEST.

WE ARE LOOKING NORTHWEST.

THEN THIS IS LOOKING NORTH UP MORRIS ROAD.

HERE WE ARE LOOKING SOUTH.

AGAIN, THERE'S AN ENGINEERING STANDARD THAT CALLS FOR NO LOT-TO-LOT DRAINAGE WITHOUT GETTING AN EXCEPTION FROM THE TOWN COUNCIL.

IT'S WRITTEN REALLY MORE CONSIDERING A NEW DEVELOPMENT COMING IN, SO THE ACTUAL DEVELOPER THAT'S LAYING OUT ALL THE LOTS, AND SO THE INTENTION IS NOT TO HAVE THEM DRAIN LOT TO LOT, BUT RATHER HAVE ALL THE LOTS DRAIN TO THE STREET.

THIS IS A LITTLE BIT DIFFERENT BECAUSE IT'S JUST ONE LOT AND THEN IT IS EXISTING LOTS ACTUALLY THAT THEY WOULD BE DRAINING TO.

AGAIN, HERE'S THE EXISTING DRAINAGE MAP.

YOU CAN SEE THAT THE NATURAL TOPOGRAPHY OF THE PROPERTY.

THESE LITTLE ARROWS ARE ALL GOING TO THE WEST AND SOUTH, AND THAT'S JUST THE WAY THE DRAINAGE NATURALLY FLOWS ON THE PROPERTY.

THEY ARE GOING TO OFFSITE LOTS, BUT IT IS AN EXISTING ALREADY DEVELOPED SUBDIVISION.

ONE PROPERTY THAT'S TRYING TO DEVELOP AND THE WAY THE WATER NATURALLY FLOWS OR DRAINS IS TOWARD AN EXISTING ALREADY DEVELOPED SUBDIVISION.

THIS IS HOW IT WORKS NOW.

THERE IS A DRAINAGE EASEMENT THAT RUNS ALONG THESE EXISTING LOTS THERE.

BUT IT APPEARS THAT JUST OVER TIME, IT'S BECOME FILLED IN.

IT'S NOT REALLY FUNCTIONAL.

I THINK THE WATER IS JUST SHEET FLOWING ACROSS THE PROPERTY.

HERE IS THE PROPOSED GRADING PLAN.

THE APPLICANT IS PROPOSING TO HAVE SOME OF THE DRAINAGE NOW GO TOWARD THE STREET, BUT STILL HAVE THE MAJORITY OF IT GO TOWARD THE REAR OF THE LOT TO THE WEST HERE, SOME OF IT TO THE SOUTH.

BECAUSE THEY ARE HAVING SOME OF IT FLOW BACK TOWARD THE STREET, EVEN THOUGH THEY ARE INCREASING THE AMOUNT OF IMPERVIOUS SURFACE ON THE PROPERTY WITH THE NEW STRUCTURE, THEY'RE PROPOSING A NEW HOUSE, A DETACHED GARAGE, AND AN ACCESSORY BUILDING.

IT'S INCREASING THE AMOUNT OF IMPERVIOUS COVER, BUT THEY ARE DECREASING THE AMOUNT OF THE AREA THAT GOES TO THE WEST.

[01:15:03]

BASED ON THE CALCULATIONS, IT WILL BE THE SAME AMOUNT OF DRAINAGE THAT CURRENTLY FLOWS THAT DIRECTION, AND SO THAT'S WHAT THEY ARE ASKING APPROVAL FOR.

TO ALLOW THAT DRAINAGE TO CONTINUE TO FLOW IN THAT DIRECTION ONTO THE EXISTING PROPERTIES.

THE TOWN DID SEND COURTESY LETTERS TO THESE THREE PROPERTY OWNERS JUST TO LET THEM KNOW WHAT WAS BEING PROPOSED.

AGAIN, THIS EXCEPTION USUALLY COMES ABOUT MORE WITH A WHOLE NEW SUBDIVISION DEVELOPMENT.

WE DIDN'T NECESSARILY HAVE A DEFINITE PROCESS FOR NOTIFYING PROPERTY OWNERS.

THIS IS WHAT STAFF DID.

WE WENT AHEAD AND WROTE A LETTER, TRIED TO EXPLAIN WHAT WAS HAPPENING, AND INVITED THEM TO CONTACT STAFF IF THEY HAD ANY QUESTIONS.

THEY DIDN'T REACH OUT TO STAFF.

WE DID HAVE I THINK ONE PROPERTY OWNER COME TO THE P&Z MEETING.

I THINK SHE WANTED TO FIND OUT WHAT WAS HAPPENING.

BUT THAT'S GENERALLY THE SITUATION.

THE PROPOSED CONDITIONS THAT STAFF IS PROPOSING IS DEVELOPMENT OF THE SITE, INCLUDING ANY IMPERVIOUS SURFACES IS RESTRICTED TO WHAT IS NOTED ON THE PROPOSED DRAINAGE AND GRADING PLANS.

BASICALLY, THEY WILL BE HELD TO THOSE PLANS BECAUSE AGAIN, BASED ON THE CURRENT CALCULATIONS, IT WOULD NOT INCREASE THE AMOUNT OF WATER GOING TO THE EXISTING PROPERTIES.

BUT IF THEY DECIDED TO BUILD A POOL OR PAVE A WHOLE NEW AREA FOR AN OUTDOOR KITCHEN OR SOMETHING, THEN THAT INCREASE COULD IMPACT DEFINITELY, AND LIKELY WOULD THE DRAINAGE PATTERN.

WE WOULD SUGGEST THAT IF COUNCIL WANTS TO APPROVE THIS, IT BE WITH THE CONDITION THAT THIS IS ALL YOU GET WITH THE IMPERVIOUS SURFACE UNLESS YOU COME BACK AND REQUEST TO MODIFY THE EXCEPTION.

THEN ALSO ANOTHER CONDITION THAT AN AMENDED PLAT TO INCLUDE A NOTE ABOUT THESE DEVELOPMENT RESTRICTIONS MUST BE FILED WITH THE COUNTY PRIOR TO A BUILDING PERMIT BEING ISSUED.

THE THOUGHT THERE BEING THAT THIS CURRENT PERSON THAT IS DEVELOPING THE PROPERTY IS AWARE OF ALL THIS PROCESS, BUT IN CASE THEY SHOULD SELL IT IN THE FUTURE SO THAT THIS WOULD BE FILED WITH THE PROPERTY AND THE NEW PROPERTY OWNER WOULD BE AWARE OF THE RESTRICTION AS WELL.

>> LEXIN, YOU MENTIONED THE DRAINAGE CALCULATIONS, NOT INCREASING TO THE WEST AND THE SOUTH A LITTLE BIT.

WERE THOSE CALCULATIONS PERFORMED BY THE APPLICANT AND DOES THE STAFF CONCUR WITH THAT ASSESSMENT?

>> THEY WERE PERFORMED BY THE APPLICANT AND STAFF DID REVIEW THEM AND AGREED WITH THEM.

>> THANKS.

>> I'M ASSUMING THAT WHEN YOU ALL REACHED OUT TO THE NEIGHBORS, THAT THERE WAS NO OPPOSITION THEN TO THIS?

>> NO ONE HAS CONTACTED STAFF.

>> THEN WHAT IF THE DRAINAGE DID IMPACT THE NEIGHBORS, WHAT WOULD BE THE ACTION THAT WOULD HAVE TO BE TAKEN, OR DID I MISS THAT?

>> NO.

I SAID IF THERE WAS AN ACTIVE DRAINAGE PROBLEM FROM ONE PROPERTY TO ANOTHER, IT WOULD LIKELY BE A CIVIL MATTER BETWEEN THE PROPERTIES IF NOTHING HAD CHANGED ON THE OFFENDING PROPERTY IF IT WAS STILL MEETING ALL OF THE STANDARDS AND THE CONDITIONS, AND THAT SORT OF THING.

IT SHOULD WORK IF IT'S STILL MEETING ALL OF THE CONDITIONS THAT WERE PROPOSED BASED ON THOSE CALCULATIONS.

>> LEXIN, I HAVE A QUESTION.

COULD YOU PUT THE PLOT PLAN BACK UP, PLEASE?

>> THIS ONE OR THE OTHER ONE?

>> THAT ONE IS FINE. THE ACCESSORY BUILDING, NOT THE GARAGE, BUT THE THIRD ONE THAT LOOKS LIKE IT'S ALMOST ON THE PROPERTY LINE, IS THAT NOT AN AREA WHERE THE DRAINAGE IS SUPPOSED TO BE FLOWING?

>> YEAH, THEY WOULD HAVE TO GET THEIR DRAINAGE PLAN APPROVED TO MAKE THAT WORK.

THEY'RE GENERALLY SHOWING WHERE THEY WANT THAT BUILDING TO BE.

I UNDERSTAND WHAT YOU'RE SAYING. I'M SURE THE BUILDING WOULDN'T BE SLANTED BECAUSE I'M SURE THEY WOULD HAVE TO [OVERLAPPING]

>> THE WAY THEY POSITIONED IT ON THIS MAKES IT SEEM LIKE IT'S VERY CLOSE TO THE PROPERTY LINE, WHICH MAY BE A PROBLEM.

THEN ALSO IT SEEMS LIKE THEN THE WATER WOULD HAVE TO FLOW AROUND IT BECAUSE YOU WOULDN'T WANT WATER FLOWING RIGHT UP TO IT.

I'M JUST A LITTLE CONCERNED ABOUT THAT AND THE EFFECT THAT IT WOULD CAUSE FOR THAT LOT, THE PI-SHAPED LOT RIGHT BEHIND IT.

>> THEY'RE GOING TO HAVE TO CHANGE THE GRADING OF THAT TO PUT THAT.

>> I'M GOING TO LET THE APPLICANT SPEAK TO THAT SINCE THEY PUT THIS TOGETHER, THEY COULD PROBABLY BETTER.

NOW, I'M NOT CONCERNED ABOUT THE DISTANCE TO THE PROPERTY LINE BECAUSE ACCESSORY BUILDINGS ARE ALLOWED TO BE UP TO THREE FEET FROM THE PROPERTY LINE, IF THERE ARE NO WINDOWS ON THAT SIDE AND FIVE FEET IF YOU DO HAVE WINDOWS THAT LOOK INTO THE OTHER PROPERTY.

JUST CONSIDERING HOW LARGE THIS PROPERTY IS, I KNOW IT LOOKS CLOSE RIGHT THERE, BUT I'M SURE IT'S AT LEAST FIVE FEET AWAY.

THE DISTANCE DOESN'T BOTHER ME, BUT I'M NOT AN ENGINEER, SO I WOULD LIKE TO HAVE

[01:20:01]

THE APPLICANT ANSWER QUESTIONS ABOUT HOW THAT GRADING WILL WORK WITH THE ACCESSORY BUILDING.

>> LEXIN, I HAD A QUESTION IF YOU COULD SHOW THE PREVIOUS DRAINAGE? IT LOOKS LIKE FROM THIS DIAGRAM THAT MORE OF THE DRAINAGE IS GOING TO BE COMING SOUTH THAN BEFORE, THAT A LOT OF IT BEFORE HAD BEEN GOING TO THE WEST.

BUT IT LOOKS LIKE ALMOST NONE OF IT'S GOING TO THE WEST ANYMORE.

>> BUT YOU CAN SEE THIS IS GOING DOWN, BUT IT LOOKS LIKE IT'S STILL GOING WEST AND THIS IS GOING WEST, WEST.

>> IS THAT GOING WEST?

>> MOST OF IT WAS GOING WEST?

>> I THINK MOST OF IT IS GOING WEST.

THIS ARROW POINTS SOUTH.

THERE MAY BE A LITTLE BIT GOING HERE.

AGAIN, THE APPLICANT COULD SPEAK BETTER TO THEIR DIAGRAM.

>> THAT'D BE GOOD. THANK YOU.

>> THE NOTIFICATION TO THE PROPERTY OWNERS ON THE LEFT, WAS THAT SENT TO THEIR ADDRESSES OR HOW DID WE CONTACT THEM?

>> YES. WE SENT IT TO THEIR ADDRESSES.

>> IF IT'S A RENTAL?

>> I DIDN'T CHECK THESE, BUT WE ALWAYS SEND TO BOTH.

IF WE CHECK IT AGAINST THE PROPERTY OWNER, AND IF THE PROPERTY OWNER FOR THE ADDRESS DOESN'T LIST THEIR MAILING ADDRESS AS THAT ADDRESS, THEN WE SEND ONE TO THE PROPERTY OWNER AT THE ADDRESS LISTED, AND WE ALSO SEND ONE TO RESIDENT AT THE SUBJECT ADDRESS.

>> DID THE APPLICANT DO ANY REACH OUT TO THE NEIGHBORS?

>> I KNOW AT THE PLANNING AND ZONING COMMISSION, THE HOME-BUILDER INDICATED THAT HE HAD BEEN IN CONTACT WITH THE NEIGHBORS, SO I'LL LET HIM SPEAK TO THAT.

ANY OTHER QUESTIONS FOR ME? LET THEM COME UP HERE.

I DON'T THINK THEY HAVE A PRESENTATION. THEY'RE JUST HERE.

WELL, ACTUALLY, I'LL LEAVE MY PRESENTATION UP SO THEY CAN USE THAT AS A TALKING POINT.

>> IF YOU'LL JUST STATE YOUR NAME AND ADDRESS.

>> EVENING. MY NAME IS JUSTIN LANSDOWNE.

I'M WITH MCADAMS, 144 STATE HIGHWAY 121 LEWISVILLE, TEXAS [OVERLAPPING] 75067.

THANK YOU ALL FOR YOUR TIME TONIGHT.

I'M THE ENGINEER.

I'M HERE WITH THE HOMEBUILDER CORRY BLOUNT AND THE PROPERTY OWNER GREGORY [INAUDIBLE].

WE APPRECIATE YOU ALL HEARING THE APPLICATION TONIGHT.

TAKE STEP BACK. WHEN GREGORY CONTACTED US, WE WERE EXCITED TO BE A PART OF THIS PROJECT.

WE KNOW THIS LOT HAS HISTORY IN THE TOWN OF FLOWER MOUND, AND WE WERE EXCITED TO BE A PART OF THAT.

TO ANSWER A FEW OF THE QUESTIONS THAT YOU ALL HAD, I'M GOING TO GO TO THE NEXT SLIDE.

YOU ALL CAN SEE MY MOUSE MOVING CORRECT? WHAT'S DEPICTED ON THIS PLAN RIGHT HERE IS MORE OR LESS A MASK GRADING PLAN.

THE CONTOURS THAT ARE DEPICTED AS A MASK GRADING THEME.

WHEN THIS ACCESSORY BUILDING COMES BACK AND WHEN THE ACCESSORY BUILDING GETS CONSTRUCTED, THAT WATER THAT'S DRAINING FROM OS1 FROM THE NORTH DOWN ONTO THE SUBJECT LOT, WE ROUTE IT AROUND THE NORTH INTO A SWALE RIGHT HERE.

YOU CAN SEE RIGHT THERE AROUND HERE INTO THIS 5-7 FOOT OFFSET FROM THE PROPERTY LINE HERE AND THAT WATER WILL BE CONVEYED DOWN A DITCH THROUGH HERE AND THEN FIND ITS WAY IN THE SAME DIRECTION IN ITS EXISTING CONDITION OVER HERE TO THE WEST.

WHEN THIS IS CONSTRUCTED, THERE'LL BE A RETAINING WALL OR AN EXPOSED GRADE BEAM ON THE BACK OF THIS ACCESSORY BUILDING THAT MAINTAINS THIS SWALE THAT ALLOWS THAT WATER TO MAKE THIS TURN.

THIS DRIVE HERE THAT SHOWN AS CONCRETE, THIS MAY GET A LITTLE SMALLER IN THE FINAL RENDITION TO GET THAT WATER TO TURN.

IT'S PROBABLY NOT GOING TO MAKE A 90-DEGREE TURN HERE.

WE'LL CUT THAT AT 45 SO THAT CAN TURN THERE.

SAME THING OUT HERE WITH THIS OUTDOOR KITCHEN.

YOU SEE IT'S A MASK GRADING THEME WHEN THAT GETS BUILT, THEY'LL LIKELY BE A RETAINING WALL HERE WHERE I'M TRACING WITH THE MOUSE RIGHT NOW.

THE OTHER QUESTION I HEARD WAS HAD WE REACHED OUT TO THE ADJACENT PROPERTY OWNERS AND WE HAVE AND WE HAVE CONTACT WITH THEM AND CORRY BLOUNT WITH GRACE HOME BUILDERS HAS BEEN IN CONTACT WITH THEM.

>> I'M CORRY BLOUNT WITH GRACE HOME BUILDING.

MY ADDRESS IS ACTUALLY IN COOK COUNTY 1340, COUNTY ROAD 208 IN GAINESVILLE.

I'M FROM HERE, SO FAMILIAR WITH THIS HOUSE AND THIS AREA.

WHAT I DID IS I REACHED OUT PERSONALLY TO ALL OF THOSE LANDOWNERS, AND WHAT WE'VE DONE IS CREATE A TEXT GROUP.

THEY ALL HAVE MY NUMBER.

I HAVE THEIR NUMBERS.

WE'VE SPOKEN FREQUENTLY ABOUT THIS AND MADE SURE THE COMMUNICATION WAS CLEAR.

WHAT I TOLD THEM WAS DURING THIS PROCESS, THEY COULD CALL ME DIRECTLY WITH ANY KIND OF ISSUES WHATSOEVER THROUGHOUT CONSTRUCTION AND WE'LL ADDRESS WHAT THOSE PROBLEMS ARE.

WE'RE GOING TO DO WHATEVER WE HAVE TO DO BACK THERE IN THE BACK TO MAKE SURE THAT THOSE FOLKS AREN'T AFFECTED.

[01:25:01]

THAT'S MY BIGGEST CONCERN IS, WE'RE TRYING TO BE GOOD NEIGHBORS.

I'VE LIVED HERE SINCE I WAS IN HIGH SCHOOL, SO I'VE WATCHED ALL THIS STUFF GET BUILT AND WATCH PEOPLE'S LIVES GET DISRUPTED BY BUILDERS AND SUCH, SO WE DON'T WANT ANY PART OF THAT.

WE'RE TRYING TO TAKE STEPS TO MAKE SURE THAT THE COMMUNICATION LINES ARE OPEN.

THEY CAN CALL ME ANYTIME ABOUT ANY ISSUE OVER THERE AND WE'LL ADDRESS IT FOR THEM.

>> APPRECIATE IT.

>> I GUESS I STILL HAVE MY ORIGINAL QUESTION.

IT IT LOOKS AS IF THE PROPERTIES TO THE WEST ARE NOT GETTING AS MUCH WATER, BUT THE PROPERTY TO THE SOUTH IS GETTING MORE, IS WHAT IT APPEARS.

>> DOWN HERE ON THE SOUTH PROPERTY LINE, WE GO TO GET A LITTLE CREATIVE WITH THE GRADING IN ORDER TO KEEP THE AMOUNT OF WATER THAT'S GOING WEST LESS THAN THERE IS TODAY ONCE ALL THE IMPERVIOUS IMPROVEMENTS GET PUT ON THERE.

WHAT WE ENDED UP BEING ABLE TO DO WAS TAKE ALMOST A THIRD OF THE LOT TO MORRIS WITH TWO THIRDS REMAINING DRAINING BACK TO THE WEST.

IF YOU'RE LOOKING AT THIS CONTOUR HERE, SO THE HOUSE IS SITTING UP HERE ON THIS PADDED AREA, AND THEN THIS CONTOUR RIGHT HERE IS CREATING A SMALL BERM SO THAT THIS WATER IS KICKED OUT IN THE SWELL HERE, AND THEN THIS WATER IS GOING TO DRAIN DOWN AND IF YOU CAN SEE IN THE CONTOURS HERE, THE SMALL SWALE AND THAT DRAINAGE ARROW THAT'S POINTING IT THAT WAY, THIS WATER IS COMING DOWN TO THE SOUTH PROPERTY LINE AND IT'S GETTING PICKED UP IN A SMALL CHANNEL AND CONVEYED BACK TO THE WEST.

>> THAT HELPS.

>> SORRY, I MISSED THAT ONE.

>> I HAVE A QUESTION ABOUT PUSHING A THIRD OF THE WATER, I THINK YOU SAID, TOWARD MORRIS.

THAT'S A PRETTY BUSY ROAD AND I DON'T THINK IT'S IN THAT SITUATION NOW.

THE STRUCTURES THAT WERE THERE BEFORE WERE NOT VERY SUBSTANTIAL.

I'M JUST CURIOUS ABOUT HOW MUCH WATER IS GOING TO BE PUSHED ONTO MORRIS.

>> 1.7 CFS.

>> CUBIC FEET PER SECOND?

>> YES, MA'AM.

>> AN 18-INCH PIPE WILL APPROXIMATELY CARRY 11 CFS AT 1%.

IF THAT GIVES YOU ANY KIND OF REFERENCE.

>> STAFF LEXIN, WE CONCUR THAT THAT WOULD NOT BE A PROBLEM FOR MORRIS?

>> THERE'S INLETS ON MORRIS.

I THINK THERE'S ONE ADJACENT TO THAT HOME EVEN RIGHT IN FRONT, SO AS THE DRAINAGE COMES ACROSS, IT'LL GET CAUGHT IN THOSE INLETS ON MORRIS.

>> THE ONE THING I WAS GOING TO MENTION IS JUST THIS IS ACTUALLY THE TOWN'S PREFERENCE IS TO PUSH WATER TOWARD THE RIGHT OF WAY, SO I WOULDN'T IMAGINE THAT WE WOULD HAVE ANY CONCERNS ABOUT THAT HAPPENING.

THAT'S WHAT THE STREETS ARE DESIGNED FOR, NOT THEIR ONLY PURPOSE.

ALSO TO BE STREETS.

>> THE GOAL IS TO PUT NO MORE WATER ON THOSE RESIDENTS TO THE BACK, SO THE SOLUTION WOULD BE TO PULL THAT FORWARD AND PUT IT INTO THAT MORRIS SYSTEM, WHICH IS CAPABLE OF TAKING IT.

>> DO WE HAVE ANY OTHER QUESTIONS OR DO YOU ALL WANT TO DELIBERATE OR MAKE A MOTION?

>> I'M JUST REALLY GLAD THAT THEY'RE KEEPING THIS AS A ONE RESIDENCE ESTATE LOT, AND NOT TURNING IT INTO A BUNCH OF DUPLEXES OR SOMETHING.

WHATEVER WE NEED TO DO TO HELP YOU GET THIS DONE, I'M HAPPY TO HELP.

WELL DONE AND THANK YOU FOR DOING WHAT YOU'RE DOING WITH THIS PROPERTY. APPRECIATE IT.

>> ALSO, THANKS FOR WORKING WITH THE ADJACENT HOMEOWNERS.

>> WHO WANTS TO MAKE A MOTION ON THIS?

>> A MOTION TO APPROVE ITEM J5 AS PRESENTED.

>> CHRIS, CAN WE ALSO INCLUDE THE STAFF PROPOSED CONDITIONS?

>> WITH THE STAFF PROPOSED CONDITIONS.

>> WE'LL TAKE THE ROLL CALL.

>> DEPUTY MAYOR PRO TEM SCHIESTEL?

>> NAY.

WE WILL MOVE ON TO ITEM J6.

>> ITEM J5 PASSES.

[J.6. ZPD23-0007 - Cachet Salons & Spa at Lakeside Crossing, Lot 3 - Public Hearing to consider an ordinance for rezoning (ZPD23-0007 – Cachet Salons & Spa at Lakeside Crossing, Lot 3) to amend Planned Development No. 153 (PD153) with Campus Commercial uses for both residential and non-residential uses by adding new concept plans and elevations for Lot 3, Block A, of the Lakeside Crossing Addition and to modify development standards. The property is generally located south of Lakeside Parkway along and between Long Prairie Road and Northwood Drive. (PZ recommended approval by a vote of 6 to 0 at its December 9, 2024, meeting.)]

LEXIN, YOU'RE STILL PRESENTING ON THIS FOR THE CACHET SALON'S SPOT, LAKESIDE CROSSING.

THIS IS A PUBLIC HEARING, TOO.

[01:30:02]

>> I JUST REALIZE I WAS THINKING THE PRESENTATION WAS STILL ON HERE FROM P&Z.

I REALIZED IT WAS NOT, I WAS JUST GETTING THAT OUT.

>> YOU'RE GOOD.

>> THANK YOU, MAYOR AND COUNCIL. AS MENTIONED, THIS IS A PROPOSED AMENDMENT TO THE LAKESIDE CROSSING ZONING PLAN DEVELOPMENT APPLICATION FOR CACHET SALONS.

HERE IS THE GENERAL LOCATION OF THE PROPERTY.

YOU CAN SEE THAT IT'S WEST OF INTERNATIONAL PARKWAY, SOUTH OF LAKESIDE PARKWAY.

HERE IS A CLOSE-UP VIEW.

IT'S CURRENTLY AN UNDEVELOPED PROPERTY, EXCEPT FOR THIS PORTION OF THE PARKING THAT WAS BUILT WITH A PREVIOUS PHASE.

THE LAND USE FOR THIS PROPERTY IS CAMPUS COMMERCIAL AND THE ZONING IS PD-153 WITH CAMPUS COMMERCIAL USES.

HERE IS THE PREVIOUSLY APPROVED CONCEPT PLAN THAT WAS SUPPOSED TO GO IN BUILDING 3 OF THIS DEVELOPMENT.

YOU CAN SEE IT WAS ORIGINALLY A TWO-STORY OFFICE BUILDING.

I THINK 11,580 SQUARE FEET WAS SUPPOSED TO BE JUST AN OFFICE BUILDING THERE.

HERE IS THE PROPOSED CONCEPT PLAN.

THIS WOULD BE A SALON AND SPA BUILDING, STILL TWO STORY, BUT 13,580 SQUARE FEET IS NOW WHAT'S PROPOSED.

THEN WE'LL COME BACK TO THAT AND GO INTO MORE DETAILS OF THE CONCEPT PLAN, BUT I'M GOING TO GO INTO SOME OF THE PROPOSED CHANGES THAT ARE COMING FORWARD WITH THIS APPLICATION.

THIS IS THE APPROVED SHARED PARKING FOR THE LAKESIDE CROSSING DEVELOPMENT.

SOMETHING THAT I THINK THAT THE TOWN ENCOURAGES IS FOR DEVELOPMENTS, IF IT WORKS BASED ON THEIR USES TO DO TIME-BASED SHARED PARKING BECAUSE WE'RE ALWAYS WANTING TO PEOPLE TO USE AS LITTLE CONCRETE AS POSSIBLE.

WHEN YOU HAVE A STANDALONE BUILDING, YOU MIGHT HAVE TO FIGURE OUT THE PARKING FOR THAT ONE USE IN THE BUILDING AND YOU WOULD NEED THAT PARKING THERE ALL THE TIME BECAUSE IT'S JUST THE ONE BUILDING, BUT WHEN YOU HAVE A MIXED-USE DEVELOPMENT SO THAT YOU HAVE A MIXTURE OF USES THAT ARE WITHIN WALKING DISTANCE OF EACH OTHER, AND THERE IS SOME PRESUMPTION THAT THEY CAN SHARE SOME OF THAT PARKING AS LONG AS YOU HAVE ENOUGH PARKING AT THE PEAK TIMES TO ACCOMMODATE THE VARIETY OF USES.

AGAIN, WHEN THIS ORIGINAL APPLICATION CAME FORWARD, IT WAS BELIEVED THERE WAS GOING TO BE A LOT OF OFFICE DEVELOPMENT INCLUDED WITHIN IT, OFFICE AS WELL AS THE HOTEL AND RESTAURANTS, AND SO THOSE HAVE VERY DIFFERENT PEAK PARKING TIME, SO IT WAS GOING TO WORK OUT GREAT.

THERE REALLY HASN'T BEEN ANY OFFICE DEVELOPMENT PER SE THAT'S COME FORWARD AS PART OF THIS.

WE HAVE SOME RETAIL AND RESTAURANTS IN THE FRONT, AND NOW THESE TWO APPLICATIONS ARE COMING FORWARD NOW.

WHILE A SALON USE, IT'S CONSIDERED A CUSTOM PERSONAL SERVICE IS THE USE WITHIN THE TOWN CODE.

THAT IS ALLOWED BY RIGHT ALREADY WITHIN THE DEVELOPMENT, BUT IF WE MADE THEM PARK FOR THE FULL AMOUNT OF PARKING THEY COULD NEED FOR 24 HOURS A DAY FOR BOTH WEEKDAYS AND WEEKENDS, THEN THE PARKING WOULDN'T WORK FOR THE OVERALL DEVELOPMENT BECAUSE AGAIN, THERE WAS A LOT OF THIS TIME-BASED SHARED PARKING THAT WAS PUT INTO THE CALCULATION INITIALLY.

THEY HAD TO FIGURE OUT, WELL, WHAT IS OUR TIME-BASED PARKING? BECAUSE THAT WASN'T SOMETHING THAT WAS CALCULATED IN THIS ORIGINALLY.

THEY WORKED WITH SALON SUITE SOLUTIONS TO CAPTURE DATA, TO LOOK AT THE DIFFERENT HOURS OF THE DAY AND THE NUMBER OF WORKERS THAT ARE THERE AND THE NUMBER OF CLIENT APPOINTMENTS THAT ARE SCHEDULED DEPENDING ON THE HOUR OF THE DAY.

THIS LOOKED AT A WHOLE LOT OF DIFFERENT DEVELOPMENTS, NOT JUST THIS ONE, BUT FOUND WHEN ON AVERAGE, THESE DIFFERENT SALONS WOULD HAVE THEIR PEAK DEMAND FOR THE NUMBER OF PEOPLE THAT WOULD BE IN THE BUILDING.

THEN USING THAT, THEY LOOKED AT THAT PERCENTAGE AND DID THAT PERCENTAGE ASSIGNED IT TO THE DIFFERENT HOURS TO COME UP WITH, WELL, WHEN DO WE NEED THE MOST PARKING? FOR INSTANCE, THEY NEED THE MOST AT 10:00 AM DURING THE WEEKDAYS.

THAT'S WHEN THEY GET THE MOST NUMBER OF APPOINTMENTS, THE MOST NUMBER OF PEOPLE TOTAL THAT WOULD BE THERE.

THAT'S WHEN THEY ASSIGNED THE FULL 54 REQUIRED PARKING SPACES FOR THE DEVELOPMENT.

[01:35:03]

THAT'S THE NUMBER THAT THEY WOULD COME UP WITH IF YOU TOOK THEIR FULL SQUARE FOOTAGE AND DIVIDED IT BY 250 SQUARE FEET BECAUSE THAT'S THE TOWN STANDARD FOR HOW WE COME UP WITH THE NEEDED PARKING FOR CUSTOM PERSONAL SERVICE USE.

THEY DID THAT TO START WITH, THIS IS THE MAX PARKING WE WOULD NEED, BUT THEN THEY SCALED IT DOWN FOR WHEN THEY SAW APPOINTMENTS HAPPENING.

YOU DON'T HAVE MANY SALONS THAT ARE TAKING APPOINTMENTS LATE AT NIGHT.

THEY'RE USUALLY CLOSED BY 7:00, IS PRETTY TYPICAL.

YOU CAN SEE HOW THAT SCALES DOWN.

THERE'S NO REASON FOR THEM TO HAVE 54 PARKING SPACES AT 11:00 AT NIGHT BECAUSE THERE'S NOT GOING TO BE ANYBODY GETTING THEIR HAIR CUT OR SPA SERVICES DONE AT THAT TIME.

THAT'S HOW THEY DID IT AND THEN PLUGGED IT INTO THIS OVERALL CALCULATIONS.

THIS IS NOT TAKING ANY OF THE PARKING FROM EXISTING USES.

THEY ALL MAINTAINED THEIR SAME CALCULATIONS, NOTHING CHANGED FOR THEM AT ALL.

THEY DID A PARKING STUDY, IT LOOKED AT CACHE SALON, MARTY B'S COFFEE SHOP BECAUSE AGAIN, THERE HADN'T BEEN A CALCULATION SPECIFIC TO A COFFEE SHOP.

A COFFEE SHOP, I THINK WOULD TYPICALLY HAVE DIFFERENT PEAK TIMES THAN A RESTAURANT.

A RESTAURANT, YOUR HIGHEST PEAK IS GOING TO BE IN THE EVENING WHEN PEOPLE COME FOR THE EVENING MEAL, WHEREAS A COFFEE SHOP IS PROBABLY GOING TO BE IN THE MORNING.

MOST PEOPLE GET THEIR COFFEE IN THE MORNING, BREAKFAST, THAT SORT OF THING.

IT ALSO LOOKED AT THE HOTEL, BUT THE HOTEL PARKING IS NOT BEING APPROVED AS PART OF THIS.

THEY HAVE THEIR OWN APPLICATION THAT'S PENDING, SO THAT WILL COME FORWARD POTENTIALLY IN THE FUTURE, BUT THEY WENT AHEAD AND INCLUDED THOSE NUMBERS WITH THIS AS WELL JUST TO MAKE SURE THAT IF ALL OF THESE WERE APPROVED, THAT IT WOULD ACCOMMODATE ALL OF THE USES BOTH EXISTING AND PROPOSED.

YOU CAN SEE BASED ON THEIR NUMBERS, THERE WOULD BE A SURPLUS OF 15 PARKING SPACES.

ON THE WEEKDAYS WOULD BE THE LOWEST AMOUNT AND THEN TWO PARKING SPACES WOULD BE THE LOWEST SURPLUS AMOUNT ON THE WEEKENDS.

HERE'S SOME PHOTOS OF THE SITE.

THIS IS LOOKING EAST, AND HERE WE ARE LOOKING NORTH.

AGAIN, HERE'S THE CONCEPT PLAN.

THIS IS A TWO STORY 13,580 SQUARE FEET SALON AND SPA BUILDING.

THERE ARE 21 ONSITE PARKING SPACES, 33 PARKING SPACES THAT ARE OFFSITE.

AGAIN, THIS WAS DONE AS A MIXED-USE DEVELOPMENT, IT'S ALL SHARED PARKING THROUGHOUT THE WHOLE DEVELOPMENT THAT'S WRITTEN IN AS PART OF THE PD.

AS LONG AS THESE SPACES HAVE NOT ALREADY BEEN DESIGNATED TO ANOTHER USE, THEY CAN BE COUNTED TOWARD THIS USE.

THAT IS SOMETHING THAT WE CHECK.

DON'T WANT YOU TO THINK, AS LONG AS THERE'S ANY PARKING SPACE THAT'S CLOSE TO USE, THEY CAN COUNT THAT ONE, TOO, BECAUSE THAT WOULDN'T WORK IF EVERYBODY WAS COUNTING THE SAME PARKING SPACES.

WE KEEP TRACK OF WHICH SPACES HAVE ALREADY BEEN ACCOUNTED FOR FOR OTHER USES AND IDENTIFIED AN ADDITIONAL 33 OFFSITE PARKING SPACES THAT WERE AVAILABLE FOR THIS DEVELOPMENT TO MEET THAT OVERALL 54.

>> HERE IS THEIR CONCEPT LANDSCAPE PLAN.

THEY DON'T HAVE ANY STREET FRONTAGE.

THEY'RE NOT PROPOSING TO MAKE ANY CHANGES TO THE EXISTING LANDSCAPING ALONG THE STREET FRONTAGE.

THEY ARE JUST PUTTING IN PARKING WITHIN THE PARKING LOT, MEETING THOSE STANDARDS, SOME ADDITIONAL LANDSCAPING, MEETING ALL THE STANDARDS OF THE PD AND THE TOWN.

HERE ARE THE ELEVATIONS AS PROPOSED.

THESE ARE UTILIZING ALL OF THE SAME MATERIALS THAT WERE ORIGINALLY PROPOSED OR APPROVED WITH THE LAKESIDE CROSSING PD.

THEY ARE MAKING STUCCO THEIR PRIMARY MATERIAL, WHICH IS A LITTLE DIFFERENT FROM THE OTHER BUILDINGS, BUT STILL ALL WITHIN THAT SAME MIX OF MATERIALS AND COLORS STILL COMPLYING WITH THE PLAN DEVELOPMENT.

THIS SHOWS YOU THAT PALETTE THAT THEY'RE USING.

AGAIN, THIS IS A PUBLIC HEARING TO CONSIDER AN ORDINANCE FOR REZONING.

IT'S NOT CHANGING THE USE, IT'S JUST TO UPDATE ALL OF THE EXHIBITS TO REFLECT THE NEW PROPOSED BUILDING AND TO UPDATE THE PARKING STANDARDS THAT WOULD BE ASSOCIATED WITH THIS USE.

I'D BE HAPPY TO ANSWER ANY QUESTIONS AND THE APPLICANT ALSO HAS A PRESENTATION.

>> I DON'T HAVE ANY QUESTIONS. IS ANYBODY? WE CAN LISTEN TO THE APPLICANT.

IF YOU'LL JUST STATE YOUR NAME, ADDRESS.

>> THIS IS THE END OF IT HERE. THAT'S ALL RIGHT.

SORRY. YOU'VE ALREADY SEEN IT NOW.

[01:40:01]

GOOD EVENING. MY NAME IS MATT MUSE.

MY ADDRESS IS 7 SIGNATURE COURT IN ROCKWALL, TEXAS AND ROCKWALL COUNTY.

GOOD EVENING, MAYOR AND COUNCIL MEMBERS.

THANKS FOR ALLOWING ME THE OPPORTUNITY TONIGHT.

I'M ACTUALLY THE DEVELOPER OF THIS PROPERTY AT LAKESIDE.

I'M ALSO THE FOUNDER, OWNER, AND CEO OF CACHET SALONS AND SPA.

WE'RE A VERY LOCALLY OWNED COMPANY.

WE ONLY HAVE TWO OTHER LOCATIONS TODAY, ONE IN FORT WORTH ON SOUTH MAIN, ALSO A VERY VIBRANT AND WALKABLE MIXED USE AREA.

THEN OUR SECOND LOCATION IS IN CASTLE HILLS PART OF LEWISVILLE.

VERY EXCITED ABOUT LAKESIDE.

IT'S ABSOLUTELY THE TYPE OF TENANTS THAT WE ATTRACT TO CACHET, WANT TO BE A PART OF.

AND SO JUST A LITTLE BIT ABOUT THE BUSINESS MODEL, IF YOU'RE NOT FAMILIAR WITH THE SALON SUITE BUSINESS MODEL CONCEPT.

I MYSELF AM NOT ACTUALLY OPERATING THE INS AND OUTS AND DAILY OPERATIONS OF BEAUTY SERVICES.

I PROVIDE SPACE THAT INDEPENDENT BUSINESS OWNERS CAN LEASE FOR THEIR SALON OR BEAUTY OR HEALTH AND WELLNESS SERVICES.

TYPICALLY, A LOT OF FOLKS GRADUATE FROM BEAUTY SCHOOL AND THEY GO OFF TO WORK IN A COMMISSION-BASED SALON WHERE HALF OF THE MONEY THEY BRING IN IS GOING TO THE SALON, BUT ONCE THEY GET ESTABLISHED IN THEIR CAREER AND THEY'VE GOT A LOYAL CLIENTELE, THEY BECOME VERY SKILLED IN THEIR CRAFT AND THEY'RE IN HIGH DEMAND.

THEY CAN MAKE A SUBSTANTIALLY LARGER AMOUNT OF MONEY WHEN THEY GO INDEPENDENT, BUT AS SOMEONE WHO IS AN EXPERT IN THESE SKILLS, GOING INTO THE REAL ESTATE WORLD AND TAKING ON YOUR OWN COMMERCIAL LEASE OBLIGATIONS OR CONSTRUCTION IS NOT NECESSARILY ALWAYS ADVANTAGEOUS TO FOLKS IN THIS INDUSTRY.

WHAT WE TRY TO DO IS GIVE THEM ALL THE BEST OF BOTH WORLDS.

YOU GET TO BE YOUR OWN BUSINESS OWNER, YOU GET TO OCCUPY SPACE AROUND OTHERS THAT ARE DOING THE SAME BUSINESS WITH YOU.

THERE'S A LOT OF CO-MARKETING OPPORTUNITIES, AND WE PRIDE OURSELVES ON CACHET BEING THE CREAM OF THE CROP AS FAR AS THE QUALITY AND THE LUXURY OF THE FACILITY.

WE TYPICALLY ATTRACT THOSE THAT ARE MORE ESTABLISHED IN THEIR FIELD AND THEY'RE OF HIGHER DEMAND.

I WON'T SPEND A LOT OF TIME ON A BUNCH OF SLIDES.

I JUST REALLY WANTED TO GIVE YOU GUYS IMAGES SO YOU COULD GET A FEEL FOR THE TYPE OF BUILDING THAT WE CREATE, THE TYPE OF FINISH SHOP THAT WE DO, AND THE TYPE OF AMENITY THAT WE HOPE TO CREATE AT LAKESIDE.

I'VE HAD THE OPPORTUNITY, THE PLEASURE TO MEET SOME OF THE LAKESIDE HOMEOWNERS.

ACTUALLY BROUGHT THEM OVER TO OUR CASTLE HILLS LOCATION, GAVE THEM A TOUR OF CACHET, AND WE SAT DOWN WITH OUR DESIGN VERY EARLY IN THE PROCESS.

THIS WAS ABOUT A YEAR AGO.

WE GOT A LOT OF GREAT FEEDBACK BECAUSE I REALLY WANTED TO KNOW WHAT ARE THE RESIDENTS OF LAKESIDE GOING TO THINK AND FEEL ABOUT WHAT WE BUILT HERE.

WE MADE SOME VERY MEANINGFUL UPDATES TO OUR DESIGN, I THINK TOO, AS WELL, JUST TO MAKE IT FEEL LIKE IT'S A PART OF LAKESIDE.

WE OBVIOUSLY HAVE A BRAND THAT IS CACHET, AND WE WANT THIS TO BE A GREAT PART OF OUR PORTFOLIO, BUT WE WANT IT TO BE JUST AS MUCH A PART OF LAKESIDE IN EVERY WAY AS WELL.

THIS IS OUR FORT WORTH LOCATION.

THIS IS THE LOUNGE IN OUR CASTLE HILLS LOCATION, AND AS YOU CAN SEE, WE TRY TO TAKE AS MUCH LIGHT, ESPECIALLY NATURAL LIGHT, AND THAT'S SOMETHING THAT THIS NEW DESIGN AT LAKESIDE WILL AFFORD US THE OPPORTUNITY TO DO GIVEN WE CAN DESIGN THE BUILDING FROM THE GROUND UP.

WE'RE TAKING ADVANTAGE OF SOME OF THE OPPORTUNITIES WE HAVE HERE INSIDE OF AN EXISTING BUILDING, BUT STILL BRINGING IN AS MUCH LIGHT AS WE CAN.

THIS IS INSIDE OUR LOUNGE IN FORT WORTH.

AS YOU CAN SEE, WE SPARE NO EXPENSE ON THE FINISH OUT AND MAKING THIS AS HIGH END OF AN EXPERIENCE AS WE CAN FOR OUR TENANTS, BUT OBVIOUSLY THEIR CLIENTS AS WELL.

I'D LIKE TO SHOW OFF ONE OF OUR TENANTS, PATRICIA, OVER HERE ON THE LEFT HERE IN THIS PICTURE.

SHE WAS OUR FIRST TENANT THAT SIGNED UP WITH US IN CASTLE HILLS AND SHE HIRED AN ARCHITECT, HER OWN CONTRACTOR TO COME IN AND FINISH HER SUITE.

MOST OF OUR TENANTS DO PUT IN AN ENORMOUS AMOUNT OF EFFORT AND INVESTMENT INTO MAKING THEIR SALON TRULY THEIRS AND THE BEST EXPERIENCE FOR THEIR CLIENTS THAT THEY POSSIBLY CAN.

WE ALSO GO ABOVE AND BEYOND, I'D LIKE TO MENTION THIS TOO.

WE'RE NOT GOING TO BE THROWING GIANT PARTIES OR ANYTHING LIKE THAT.

I DON'T WANT YOU TO THINK THAT, BUT WE DO INVEST BACK IN OUR TENANTS THROUGH EDUCATION.

IT'S MEANT TO BUILD COMMUNITY.

IF YOU'RE AN INDEPENDENT BUSINESS OWNER, YOU'RE OUT ON YOUR OWN, WE DON'T WANT PEOPLE TO FEEL LIKE YOU'RE ISOLATED, WE WANT PEOPLE TO GET CONNECTED WITH OTHERS WITH THEIR PEERS, BUT WE ALSO WANT TO HELP ENRICH THE CAREERS OF FOLKS THAT LEASE FROM US.

WE DO THAT BY PARTNERING WITH INFLUENCERS AND INDUSTRY EXPERTS, AND WE ACTUALLY FUND THEM TO VISIT AND GIVE IT A PRESENTATION AND NETWORK WITH OUR TENANTS AND REALLY JUST HELP THEM

[01:45:02]

UNDERSTAND WHAT IT WAS THAT MADE THEM SUCCESSFUL ALONG THEIR JOURNEY.

THAT'S SOMETHING WE'RE VERY PROUD OF.

IT BUILDS THAT STRONG COMMUNITY AND IT'S NOT JUST ANOTHER SALON OR SALON SUITE.

THE EXPERIENCE THAT MOST OF MY TENANTS HAVE JUST JUST BEING VERY TRANSPARENT.

WE HAVE A LOT OF LIFERS.

FOLKS COME TO CACHET AND OUR TURNOVER RATE IS VERY LOW.

WE TYPICALLY ARE 95% OCCUPIED IN ALL OF OUR LOCATIONS.

OUR FORT WORTH WAS 100% OCCUPIED FOR MOST OF THIS YEAR.

REALLY, THE NUMBER 1 REASON ANYBODY LEAVES CACHET IS BECAUSE THEY FOUND THEMSELVES HAVING SO MUCH SUCCESS IN THEIR BUSINESS THAT THEY DID GO ON TO START THEIR OWN BRICK AND MORTAR SALON.

THAT'S THE ONE TIME WHERE WE JUST SAY WITHOUT QUESTION, IF YOU SHOW US A COPY OF THAT LEASE, I'LL LET YOU OUT OF YOUR LEASE AT CACHET FREE AND CLEAR BECAUSE WE WANT EVERYONE TO KNOW THAT IF SUCCESS IS YOUR FUTURE AND CACHET IS A PART OF THAT JOURNEY THAT WE SUPPORT YOU ON THAT JOURNEY.

WE'RE JUST REALLY TRYING TO BUILD AN EXPERIENCE OF CACHET WHERE PEOPLE WANT TO BE THERE AND WANT TO BE THERE AND BE SUCCESSFUL THERE LONG TERM, BUT IF THEY'VE GOT SOMETHING BIGGER AND BETTER TO GO ONTO, THAT WE SUPPORT THEM ON THAT JOURNEY AS WELL.

IT'S ME AND MY VICE PRESIDENT OF OPERATIONS, JOHN, HE COULDN'T BE HERE TONIGHT.

HIS OLDEST HAD A GAME.

I TOLD HIM, YOU BETTER NOT MISS THAT, BUT JOHN IS ALSO A BEAUTICIAN.

HIS WIFE IS A BEAUTICIAN.

THEY ACTUALLY ARE RIGHT OVER HERE IN GRAPEVINE.

THEY CANNOT WAIT FOR CACHET TO BE HERE, NOT ONLY BECAUSE JOHN RUNS THE BUSINESS, BUT BECAUSE HE AND HIS WIFE WILL BE ABLE TO HAVE A PRETTY GOOD BLANK SLATE TO DESIGN THEIR DREAM SALONS AT CACHET LAKESIDE.

THEY BOTH BEEN DOING IT FOR MANY YEARS.

DANIELLE HAS BEEN DOING IT FOR OVER 20 YEARS AND SHE'S A VERY ACCOMPLISHED STYLIST.

SOME OF THE INSPIRATION THAT WE DREW FROM WHEN WE DESIGNED LAKESIDE.

YOU CAN SEE THERE'S A TON OF NATURAL LIGHT AND THAT'S SOMETHING WE WANT TO TAKE IN IF YOU NOTICE FROM THOSE RENDERINGS.

WE HAVE THE TWO COMPARTMENTS OF THE BUILDING REALLY IN THE ENTRY WAY IS LIKE AN ATRIUM THERE IN THE MIDDLE.

THAT IN ADDITION TO EVERY STUDIO HAS ITS OWN WINDOW, WHICH IS HUGE, ESPECIALLY WHEN YOU CONSIDER THAT 85% OF OUR TENANTS ARE DOING HAIR SERVICES.

A LOT OF THEM ARE DOING COLOR AND NATURAL LIGHT IS KEY TO GETTING THE COLOR EXACTLY RIGHT.

THAT'S SOMETHING THAT VERY FEW BUSINESSES LIKE OURS CAN CLAIM THAT 100% OF THE STUDIOS HAVE THEIR OWN WINDOW.

LIKE LEXIN DID A GOOD JOB OF EXPLAINING EARLIER ABOUT THE MATERIAL USAGE, MAKING SURE WE'RE USING IMPROVED MATERIALS AND REALLY MELDING THE BRAND OF CACHET AND SOME OF THE DESIGN ELEMENTS THAT WE'VE USED IN OUR OTHER LOCATIONS THAT HAVE BEEN VERY POPULAR ALONG WITH THE THEMES FOR LAKESIDE.

I'LL WRAP UP HERE. I WANT TO BUILD ON ONE POINT THAT LEXIN DID A GOOD JOB EXPLAINING THAT DATA THAT WE GATHERED.

THAT WAS OVER EIGHT YEARS OF DATA.

WE DIDN'T GATHER IT, OUR PARTNER THAT PROVIDES US OUR BOOKING SOFTWARE, AS WELL AS OUR PROPERTY MANAGEMENT SOFTWARE SYSTEMS. THEY WERE KIND ENOUGH TO HELP ME WITH THAT DATA.

IT'S OVER EIGHT YEARS OF APPOINTMENTS, OVER 1.8 MILLION APPOINTMENTS, AND THAT DATA THAT LEXIN SHOWED REPRESENTS WHERE THOSE APPOINTMENTS WERE ON AVERAGE ACROSS THE DIFFERENT DAYS OF THE WEEK AND THE DIFFERENT HOURS OF THE DAY.

IF YOU SEE THAT DISTRIBUTION AND YOU THINK, MAN, A LOT OF SALONS, BARBERSHOPS, A LOT OF THEM ARE BUSIER ON SATURDAYS.

IF YOU LOOK AT OUR DISTRIBUTION OF APPOINTMENTS, MOST OF OUR TENANTS, ESPECIALLY THE ONES THAT FIND THEMSELVES AT CACHET AND WANT TO BE THERE ARE MUCH MORE ESTABLISHED IN THEIR CAREERS AND THEY'RE IN VERY HIGH DEMAND.

THEY GET TO CALL THE SHOTS ON WHEN THEIR APPOINTMENTS ARE.

ONCE THEY GET TO THAT POINT IN THEIR CAREER, THEY HAVE FAMILIES AND THEY WANT THEIR WEEKENDS BACK.

THEY'VE BEEN WORKING SATURDAYS EVER SINCE THEY GET OUT OF BEAUTY SCHOOL.

THEY DO PUT THEIR APPOINTMENTS IN THE PLACES THAT ARE MORE ADVANTAGEOUS FOR THEIR SCHEDULES AS WELL AS THEIR CLIENTS, BUT THAT'S WHY YOU SEE WEDNESDAY AND THURSDAY ARE THE PEAK DAYS.

I WAS SHOCKED TO SEE OUR FOOT TRAFFIC NOT BE HIGHER ON SATURDAYS WHEN I FIRST STARTED THE FIRST CACHET, BUT THAT'S WHY YOU SEE SOME OF THAT DISTRIBUTION.

IT'S JUST REALLY A NATURE OF WHAT TYPE OF STYLERS AND BEAUTICIANS THAT WE HAVE AT CACHET.

THEY'RE ABLE TO STRUCTURE THEIR CALENDAR THAT'S A LITTLE BIT BETTER FOR THEM. ANY QUESTIONS FOR ME?

>> MATT, THE ONLY REAL ISSUE SEEMS TO BE THE AMOUNT OF PARKING THAT'S REQUIRED.

HOW MANY INDIVIDUAL STUDIOS ARE THERE IN THIS BUILDING?

>> RIGHT NOW, WE HAVE IT DESIGNED TO BE AROUND 40.

IT COULD COME IN A LITTLE BIT LOWER THAN THAT BECAUSE WE DO SOME COMBINING OF STUDIOS INTO DOUBLES.

THE DEMAND FOR DOUBLE SUITES WHERE YOU HAVE TWO TENANTS THAT WANT TO TAKE ONE OVER IS GROWING,

[01:50:01]

BUT YOU CAN USE THAT NUMBER 40 IS PROBABLY WHERE THAT'S GOING TO LAND WHEN WE GET DONE OPTIMIZING IT.

>> POTENTIALLY, YOU COULD HAVE 40 INDIVIDUAL.

>> ROUNDABOUT.

>> I WAS THERE AT ALL THE SAME TIME.

DO YOU ANTICIPATE THAT MUCH OF YOUR BUSINESS WILL COME FROM WALK-INS FROM PEOPLE AROUND IN THE IMMEDIATE AREA OR DO YOU THINK EVERYONE'S GOING TO BE DRIVING AND PARKING?

>> I THINK IT'S GOING TO BE A MIX.

YOU'RE CERTAINLY GOING TO HAVE PEOPLE THAT DRIVE, BUT I'VE BEEN AMAZED LIKE IN FORT WORTH, ACTUALLY, BOTH OF OUR OTHER LOCATIONS.

EVERY SINGLE TIME WE'VE OPENED, IT'S ONLY BEEN TWO MORE, BUT EVERY TIME WE OPEN ONE, WE ALWAYS END UP HAVING TENANTS THAT LIVE WITHIN WALKING DISTANCE.

OUR TENANTS THEMSELVES LIVE CLOSE BY AND THEY WALK TO WORK AND IT'S ALWAYS A HUGE PLUS WHEN THEY CAN MARKET THEIR SERVICES TO CLIENTELE THAT IS WITHIN WALKING DISTANCE.

BUT JUST BASED ON THE NATURE OF LAKESIDE, THE AMENITIES THAT IT HAS, I THINK YOU'RE GOING TO SEE A LOT OF PEOPLE THAT IF THEY VISIT CACHET FOR AN APPOINTMENT, THEY'RE GOING TO BE OVER AT MARTY B'S LIKE I WAS THIS AFTERNOON.

THEY'RE GOING TO BE GETTING COFFEE THERE, THEY'RE GOING TO BE GOING TO 1845, THEY'RE GOING TO BE GOING AND SHOPPING AND VICE VERSA.

I THINK YOU'LL SEE A LOT OF THAT, BUT IT'S IMPOSSIBLE FOR ME.

I DON'T KNOW THE EXACT PERCENTAGES OF WALKING VERSUS DRIVING, BUT IT IS DEFINITELY GOING TO BE A MIX.

>> THANKS, MATT.

>> THE WINDOWS THERE, AND I DON'T KNOW IF THIS IS PART OF THIS PUBLIC HEARING, BUT THE WINDOWS, THEY'RE NON-REFLECTIVE.

IS THAT A STANDARD THAT WE HAVE NOW INCORPORATED WHERE THEY'RE NON-REFLECTIVE, SO THE BIRDS AREN'T FLYING INTO THOSE?

>> NOT LIKE MIRRORED.

>> I DON'T HAVE ANY OTHER QUESTIONS.

DO YOU GUYS HAVE ANY QUESTIONS? THANK YOU FOR THE PRESENTATION. BEAUTIFUL BUILDING.

THIS IS A PUBLIC HEARING, SO WE WILL OPEN THIS UP TO PUBLIC COMMENT, AND TERESA, DO WE HAVE ANY COMMENT CARDS ON THIS ITEM? NO. DOES ANYONE IN THE AUDIENCE WANT TO MAKE A COMMENT ON CACHET SPA? WE WILL CLOSE THE PUBLIC HEARING.

DO YOU ALL HAVE ANY OTHER DELIBERATION YOU WANT TO MAKE OR MAKE A MOTION?

>> I JUST HAVE A QUESTION FOR LEXIN.

WE'VE TALKED AROUND ABOUT THIS PARKING FOR A LITTLE BIT OF TIME.

THIS IS THE FIRST TIME I'M AWARE OF THAT WE ARE SHARING AND FLEXING BASICALLY THESE PARKING SPACES.

DOES STAFF HAVE A CONCERN THAT WE'LL BE TOO RESTRICTED ON THE NUMBER OF PARKING SPACES, WITH HOW WE'RE PLANNING TO DO THIS, WITH SOME OF THE MIXED USE SHARED PARKING SPACES? LET ME JUST DOVETAIL ONTO THAT.

SORRY TO INTERRUPT YOU RIGHT WHEN YOU'RE STARTING TO ANSWER.

CAN YOU CLARIFY THAT THE ONES THAT WERE ALREADY THERE IN THE MIXED USE OPEN AREAS, THEY'RE BASICALLY BEING ASSIGNED OR COUNTED JUST FOR THE CACHET SPA, AND IF SOMETHING ELSE COMES IN, THEY CAN ALSO DOUBLE COUNT THOSE SPOTS FOR ANOTHER LOCATION AT THE SAME TIME?

>> THEY CAN'T, BUT THE CAN OR CAN'T TOO, IT'S TRICKY BECAUSE IT'S THAT TIME-BASED PARKING.

WHEREAS THESE SPOTS MIGHT BE USED BY CACHET AT 10:00 AM WHEN THEY NEED ALL 54 SPOTS, AT 11:00 PM WHEN THEY'RE NOT GOING TO HAVE ANYBODY THERE, THE HOTEL, IF IT EVER GOT BUILT, MIGHT BE UTILIZING SOME OF THOSE SPACES BECAUSE EVERYBODY WOULD BE COMING BACK TO SLEEP AT THE HOTEL AT NIGHT, AND SO THAT'S WHEN THEY HAVE THEIR HIGHEST PARKING IS AT THE NIGHTTIME.

THAT'S REALLY THE BASIS OF THE TIME-BASED SHARED PARKING IS THAT IT ALLOWS YOU TO MINIMIZE THE USE OF UNNECESSARY PARKING SPACES.

I REVIEWED THEIR PARKING STUDY.

IT SEEMED SOUND TO ME.

WE HAD THE TOWN'S TRAFFIC ENGINEER REVIEWED IT AS WELL, AND HE SAID THE ASSUMPTIONS, THE DATA THEY USED MADE SENSE TO HIM.

I GUESS, IT'S POSSIBLE THAT THERE COULD BE, I DON'T KNOW, SOMETHING UNEXPECTED AND YOU'RE ENDING UP NEEDING A LOT MORE SPACES THAN YOU THINK YOU WOULD FOR SOME PARTICULAR USE.

THERE ARE STILL TWO LOTS THAT ARE NOT DEVELOPED ON THIS, SIX AND SEVEN, WITHIN THE OVERALL DEVELOPMENT.

I THINK THERE IS STILL THE POSSIBILITY TO INCORPORATE MORE PARKING IN THE FUTURE IF IT WAS REALLY FOUND TO BE A PROBLEM BECAUSE NONE OF THESE TENANTS WANT THAT, THEIR CUSTOMERS ARE THEN ANGRY IF THEY DON'T HAVE A PLACE TO PARK.

I DON'T THINK THEY'RE TRYING TO PRESENT SOMETHING THAT WOULD PUT THEMSELVES IN A BAD LIGHT, BUT LIKE I SAID, BASED ON MY REVIEW OF THE STUDY, IT MADE SENSE TO ME.

[01:55:01]

>> WELL, THAT'S GREAT.

YOU CONFIRM THAT WE'RE NOT THE SAME SPOT AT THE SAME TIME OF DAY.

DIFFERENT THINGS. I AGREE.

I THINK EVERYONE'S GOING TO BE CERTAINLY MOTIVATED TO MAKE SURE PARKING IS NOT GOING TO BE A PROBLEM.

IT SOUNDS LIKE IF WE FIND THE CALCULATIONS ARE OFF OR THERE'S A PROBLEM, THERE ARE SOME WAYS THAT WE CAN MITIGATE THAT IN THE FUTURE WITH THESE OPEN SPOTS, SO THAT ANSWERS MY QUESTIONS. THANKS.

>> DOES ANYBODY WANT TO MAKE A MOTION?

>> I MOVE TO APPROVE REGULAR ITEM J6 AS PRESENTED.

>> WE'LL TAKE A ROLL CALL.

>> DEPUTY MAYOR PRO TEM SCHIESTEL.

>> COUNCIL MEMBER TAYLOR?