Apr 20, 2026 Town Council Archive

OKAY, WE'LL SWAP NUMBERS.

ANYWAY, WE HAD A LARGE NUMBER OF EMAILS.

SO THIS ITEM IS ZPD 25-0008.

THIS IS THE LAKESIDE CROSSING RESIDENCE INN.

THIS IS A PUBLIC HEARING.

TO CONSIDER AN ORDINANCE FOR REZONING FOR USES, I'M SORRY, TO AMEND THE PLAN DEVELOPMENT FOR CAMPUS COMMERCIAL USES FOR BOTH RESIDENTIAL AND NON-RESIDENTIAL USES.

AND LEXEN'S GOING TO PRESENT ON THIS, AND THEN WE'LL HAVE THE APPLICANT.

THANK YOU, MAYOR, COUNCIL.

AS MENTIONED, THIS IS A PROPOSED ZONING AMENDMENT TO THE EXISTING PD FOR THE LAKESIDE CROSSING.

THE NAME OF THE PROJECT IS LAKESIDE CROSSING RESIDENCE INN.

HERE IS THE GENERAL LOCATION OF THE PROPERTY.

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

HERE'S A MORE DETAILED VIEW.

PROPERTY IS CURRENTLY UNDEVELOPED, THOUGH A PORTION OF THE PARKING LOT WAS CONSTRUCTED WITH ANOTHER PHASE OF THE DEVELOPMENT.

THE LAND USE IS LAKESIDE BUSINESS DISTRICT CAMPUS COMMERCIAL, AND THE ZONING IS PD 153 WITH CAMPUS COMMERCIAL USES.

SO THIS WHOLE PURPLE AREA HERE IS PD 153, AND THEN THE MORE MAROON PURPLE COLOR THAT SAYS MU, THAT'S LAKESIDE, THE LAKESIDE DFW MIXED-USE DEVELOPMENT, WHICH SURROUNDS THE PROPERTY ON THE NORTH AND WEST.

HERE IS THE CONCEPT SITE PLAN AS PROPOSED.

SO AS I MENTIONED, THIS IS THE OVERALL SITE HERE THAT SHOWS.

THERE ARE MULTIPLE OTHER BUILDINGS THAT ARE CONTEMPLATED WITH THIS DEVELOPMENT.

HERE ARE THE TWO RETAIL BUILDINGS THAT ARE CONSTRUCTED.

[00:40:02]

THIS IS THE PROPOSED MARTY B'S COFFEE SHOP THAT HAS SITE PLAN APPROVED BUT HAS NOT STARTED CONSTRUCTION.

THIS IS THE HOTEL LOT WHERE THIS APPLICATION IS CONSIDERED TONIGHT.

AND THEN THIS IS CACHET SALON, BUILDING 3, WHICH IS ALSO APPROVED BUT NOT CONSTRUCTED.

THEY HAVE A SITE PLAN UNDER REVIEW CURRENTLY.

AND THEN THESE TWO BUILDINGS HERE THAT ARE KIND OF IN DOTTED LINES, SO THOSE WERE APPROVED WITH THE ORIGINAL PD.

BUT THERE AREN'T ANY SITE PLANS CONSIDERED FOR THOSE AT THIS TIME.

NOT REALLY SURE HOW THOSE MIGHT MOVE FORWARD.

HERE WAS THE APPROVED CONCEPT PLAN FROM 2017, CONCEPTUAL PLAN.

THIS SHOWED THE SHAPE OF BUILDING 1, WHICH WAS TO BE THE HOTEL DEVELOPMENT.

AND HERE'S THE CONCEPTUAL LANDSCAPE PLAN.

THESE ARE THE CONCEPT ELEVATIONS FROM 2017.

SO THE HOTEL THAT WAS ORIGINALLY CONSIDERED HERE WAS THE UNSCRIPTED HOTEL, AND THESE WERE THE ELEVATIONS FOR THAT PROJECT.

SO THESE ARE WHAT ARE CURRENTLY IN THAT APPROVED ORDINANCE.

THIS IS WHAT COULD BE CONSTRUCTED TODAY.

JUST TO GIVE YOU SOME DEFINITIONS, A HOTEL OR MOTEL IN THE TOWN'S CODE MEANS A BUILDING OR GROUP OF BUILDINGS DESIGNED AND OCCUPIED AS A TEMPORARY ABIDING PLACE OF INDIVIDUALS WITH THE LOCATION OF ACCOMMODATIONS LIMITED TO ONE PRIMARY STRUCTURE.

TO BE CLASSIFIED AS A HOTEL OR MOTEL, SHALL CONTAIN A MINIMUM OF 12 INDIVIDUAL GUEST ROOMS OR UNITS, AND SHALL FURNISH CUSTOMARY HOTEL SERVICES SUCH AS LINEN AND HOUSEKEEPING.

NOW, EXTENDED STAY HOTEL DEFINITION IS A TYPE OF HOTEL OR MOTEL ESTABLISHMENT DESIGNED TO ACCOMMODATE EXTENDED STAYS BY THE BUSINESS TRAVELER OR EXTENDED VACATION TRAVELER WITH FINANCIAL CONSIDERATION BEING CALCULATED ON A NIGHTLY OR WEEKLY BASIS.

AND THEN UNDERNEATH THIS DEFINITION, I ADDED ANOTHER SENTENCE THAT IS WITHIN THAT EXTENDED STAY SECTION OF THE TOWN'S CODE.

IT SAYS, THE ADVERTISING OF A SPECIFIC PROPERTY OR PROPOSED HOTEL BRAND AS AN EXTENDED STAY HOTEL, WHETHER IT BE ONLINE OR IN PRINT, SHALL BE CONSIDERED PRIMA FACIE.

MAYBE I SAID THAT RIGHT.

EVIDENCE THAT THE SUBJECT PROPERTY CONSTITUTES AN EXTENDED STAY HOTEL AND SHALL COMPLY WITH ALL OF THE TOWN'S ASSOCIATED STANDARDS AND REGULATIONS.

SO DID HEAR SOME QUESTIONS FROM PEOPLE ABOUT WELL WHAT REALLY MAKES THIS AN EXTENDED STAY HOTEL AND YOU KNOW WHETHER IT HAS TO DO WITH THE TYPE OF AMENITIES THAT ARE PROVIDED OR THAT SORT OF THING AND WHEN WE WENT THROUGH THIS PROCESS BACK IN 2019 TO CREATE THESE STANDARDS AND DEFINITIONS FOR EXTENDED STAY THERE WAS A LOT OF KIND OF BACK AND FORTH WITH HOW DO WE REALLY DEFINE IT BECAUSE YOU KNOW IF YOU BASE IT ON THE TYPES OF AMENITIES OR THE SIZE OF THE ROOM AND THEN WHAT IF SOMEBODY WHAT IF SOMEBODY MAKES THE ROOM A LITTLE BIT SMALLER? IS THAT NOW NOT AN EXTENDED STAY HOTEL? AND SO IN TALKING WITH LEGAL, THE COUNCIL AT THE TIME DECIDED THE CLEANEST WAY TO DO THAT WOULD JUST BE TO SAY, IF YOU ADVERTISE YOURSELF AS AN EXTENDED STAY HOTEL, THEN WE WILL CONSIDER YOU AN EXTENDED STAY.

AND THEN WE WILL PUT IN SOME SPECIFIC REGULATIONS TO ENSURE KIND OF MINIMUM ROOM SIZE, MINIMUM TYPE OF AMENITIES ASSOCIATED WITH THAT, SO THAT IF THERE IS AN EXTENDED STAY HOTEL APPROVED IN TOWN, THAT IT WILL BE A HIGH-QUALITY ONE THAT WE WILL ENSURE MEETS THE TOWN'S EXPECTATIONS.

SO THAT'S HOW THAT WAS ADDRESSED.

SO THE PROPOSED HOTEL THAT IS BEFORE THE COUNCIL TONIGHT IS FOR AN EXTENDED STAY, AS I'M SURE YOU'RE AWARE.

AND SO THAT'S WHY I WANTED TO GIVE THAT BACKGROUND.

SO MODIFICATIONS THAT ARE PROPOSED WITH THIS PD AMENDMENT, FIRST IS THE USE TO MAKE AN EXTENDED STAY HOTEL.

IT WOULD NORMALLY REQUIRE APPROVAL OF A SPECIFIC USE PERMIT WITHIN THE CAMPUS COMMERCIAL ZONING DISTRICT.

AND AS A PART OF THE PD AMENDMENT, THE APPLICANT IS REQUESTING TO ALLOW EXTENDED STAY HOTEL BY RIGHT ONLY ON LOT 1 BLOCK SO THE SPECIFIC LANGUAGE WITHIN THE DEVELOPMENT STANDARD SAYS THAT THE EXTENDED STAY HOTEL WILL BE SUBJECT TO THE TOWN'S CODE.

THERE SHOULD BE A MAXIMUM OF 134 HOTEL ROOMS. THIS IS A REDUCTION FROM THE NUMBER THAT WAS PRESENTED TO P&Z.

AT THAT TIME, IT WAS 138 HOTEL ROOMS. THE APPLICANT HAD INDICATED AT THE P&Z MEETING THAT HE WAS WILLING TO BRING IT DOWN TO 134, WHICH IS THE NUMBER THAT HAD BEEN PREVIOUSLY APPROVED FOR THE ORIGINAL HOTEL WITHIN THIS PD, AND SO HE DID PROVIDE THAT INFORMATION TO STAFF TO MAKE THAT CHANGE WITHIN THE ORDINANCE.

ONLY ONE EXTENDED STAY HOTEL IS PERMITTED WITHIN THE PD.

IT WOULD BE ON LOT 1, BLOCK AND THEN ALSO THE MODIFIED PORTICOCHET SHALL PROVIDE A SUFFICIENT COVERED.

PARKING AREA FOR THE LOADING AND UNLOADING OF TWO VEHICLES PARKED FRONT TO BACK.

THE TOWN HAS A STANDARD FOR HOTELS THAT THEY WOULD HAVE TWO SIDE-BY-SIDE SPACES UNDERNEATH A PORTICO OR A COVERING FOR A HOTEL AND SO THE APPLICANT IS REQUESTING TO MAKE THOSE TWO TANDEM SPACES RATHER THAN SIDE-BY-SIDE.

SO THAT'S A MODIFICATION TO THAT STANDARD THAT THEY'RE

[00:45:02]

REQUESTING WITH THIS AMENDMENT.

AND THEN ALSO THE APPLICANT PROPOSED TO INCORPORATE THE LANGUAGE THAT SAYS IF A HOTEL IS TO BE DEVELOPED ON LOT ONE ITS TIER CLASSIFICATION MUST BE EQUAL TO OR GREATER THAN THE SMITH TRAVEL RESEARCH CHAIN SCALE RATING OF UPSCALE.

I KNOW THERE WAS A LOT OF CONCERN THAT THE TOWN HEARD AND THAT WE PASSED ON TO THE APPLICANT ABOUT...

YOU KNOW, EVEN IF THIS WERE TO BE DEVELOPED AS A RESIDENCE IN TODAY AND THAT'S A HIGHER-END EXTENDED STAY, THERE'S NO GUARANTEE.

IT'S NOT, YOU KNOW, THAT CAN'T BE THAT CHAIN-SPECIFIC OR THAT USER-SPECIFIC WHEN ZONING IS APPROVED.

SO IN ORDER TO TRY AND ADDRESS THAT, THE APPLICANT PUT IN KIND OF THIS WITHIN A STANDARD SCALE THAT EXISTS FOR MEASURING HOTELS.

SAYING THAT IT COULD NEVER BE ANYTHING BUT UPSCALE.

SO EVEN IF FOR SOME REASON IN THE FUTURE THE RESIDENCE INN WERE TO CLOSE, THEN ANY OTHER HOTEL THAT OPENED THERE WOULD HAVE TO BE CONSIDERED UPSCALE WITHIN THAT CHAIN RATING.

ALSO, THERE IS A REQUESTED MODIFICATION TO SIGN STANDARDS.

THEY'RE REQUESTING A COMPREHENSIVE SIGN PACKAGE TO INCLUDE BLADE SIGNS ON THE FACADE OF THE BUILDING, AND YOU CAN SEE THESE ON THIS VISUAL, WHAT THAT MEANS.

IT'S NOT THAT THESE SIGNS ARE LARGER THAN THE TOWN WOULD NORMALLY ALLOW.

WE JUST DON'T ACTUALLY HAVE A BLADE SIGN CATEGORY WITHIN OUR CODE CURRENTLY.

WE WOULD NORMALLY HAVE THE SIGN BE FLAT ON THE BUILDING, AND THEN WE WOULD JUST CONSIDER IT A WALL SIGN.

BUT THEY WANT IT TO STICK OUT PERPENDICULAR TO THE BUILDING AS A BLADE, AND SO THAT'S WHAT'S BEING REQUESTED.

THERE WAS A COMPREHENSIVE SIGN PACKAGE THAT WAS APPROVED WITH THE ORIGINAL HOTEL BACK IN 2017.

IT WAS SPECIFIC TO THAT DESIGN THOUGH, SO THEY WOULD NEED TO REQUEST A NEW COMPREHENSIVE SIGN PACKAGE THAT REFLECTS THESE IMAGES HERE.

THERE'S ALSO PARKING STUDY DATA THAT WAS DONE.

SO THE TOWN HAS KIND OF A STANDARD PARKING NUMBER FOR HOTELS.

WE TYPICALLY REQUIRE ONE SPACE PER HOTEL ROOM, AND THEN WE WOULD JUST APPLY IT.

ALL THE TIME ACROSS THE BOARD.

AND THAT'S KIND OF JUST A CONSERVATIVE ESTIMATE TO ENSURE THAT YOU HAVE ENOUGH PARKING.

SO THE APPLICANT DID THEIR OWN STUDY.

AND SO THEY LOOKED AT ALL OF THESE DIFFERENT ESTABLISHMENTS AS LISTED HERE.

SOME OF THEM ARE EXTENDED STAY HOTELS.

I BELIEVE THERE IS A RESIDENCE IN DFW AIRPORT, FOR INSTANCE, WITHIN THERE.

AND SO THEN THEY LOOKED AT OCCUPANCY RATES AND BASED ON NUMBER OF ROOMS AND PARKING THAT WAS PROVIDED.

AND THEY CAME UP WITH AN HOURLY RATE TO APPLY WITHIN THE PARKING STUDY TO ENSURE THAT THERE WAS GOING TO BE ENOUGH PARKING SPACES AT ALL TIMES BASED ON THE USES THAT ARE APPROVED.

SO YOU CAN SEE HERE THEY HAVE THE HOTEL, THE MARTY B'S COFFEE SHOP, THEY DID THEIR OWN PARKING STUDY, THAT'S ALREADY BEEN ADOPTED.

CACHET SALON DID THEIR OWN PARKING STUDY, THAT'S ALREADY BEEN ADOPTED.

AND THEN THE FOUR AND FIVE MIXED-USE BUILDINGS, THOSE ARE THE RETAIL BUILDINGS.

SO THIS WAS PRESENTED TO THE PLANNING AND ZONING COMMISSION, AND YOU CAN SEE THE TWO RED BOXES IDENTIFY THE TIME OF DAY THAT THERE WOULD BE THE LEAST PARKING SPACES AVAILABLE BASED ON THIS ANALYSIS.

ON WEEKDAYS, THAT WOULD BE AT 10 A.M., THERE WOULD BE 14 ADDITIONAL SPACES, AND ON THE WEEKENDS AT 9 A.M., THERE WOULD BE ONE ADDITIONAL SPACE.

I KNOW WHEN P&Z DISCUSSED THIS, THEY HAD CONCERNS ABOUT WOULD THERE REALLY JUST BE ONE SPACE OUT THERE THAT PEOPLE WOULD BE CIRCLING TRYING TO FIND.

I DON'T THINK THAT'S NECESSARILY THE CASE.

FOR INSTANCE, YOU THINK ABOUT OTHER USES THAT ARE WITHIN THE DEVELOPMENT THAT DIDN'T DO THEIR OWN PARKING STUDY, SUCH AS THE ARCADE THAT JUST KIND OF HAS A FLAT RATE.

SO THEY HAVE TO PROVIDE, WE HAVE TO ACCOUNT FOR 43 PARKING SPACES FOR THEM ALL THE TIME.

AT ALL HOURS OF THE DAY.

SO THAT'S UNLIKELY TO ACTUALLY BE OCCURRING AT ALL TIMES.

BUT IT'S JUST THE MOST CONSERVATIVE ESTIMATE, AND THEY WERE NOT INTERESTED IN DOING THEIR OWN PARKING STUDY AND FIGURING OUT HOW MUCH PARKING THEY NEEDED HOUR BY HOUR WITHIN ANY GIVEN WEEKDAY OR WEEKEND.

ALSO, I DID WANT TO JUST LET THE COUNCIL KNOW THAT SINCE THE TIME THAT THIS HAS GONE TO THE PLANNING AND ZONING COMMISSION, CACHET SALON HAS SUBMITTED...

A SITE PLAN TO THE TOWN AND SO THEY HAVE REDUCED THEIR BUILDING FROM BEING TWO STORIES DOWN TO ONE STORY.

SO THERE IS A REDUCED AMOUNT OF SQUARE FOOTAGE AND ASSOCIATED PARKING THAT THEY ARE GOING TO NEED NOW AS WELL.

SO THIS IS EXPECTED TO GO UP TO I BELIEVE NINE PARKING SPACES WOULD BE THE THE LEAST AVAILABLE AT ANY GIVEN TIME BASED ON THE NEW NUMBERS THAT WE GOT FROM CACHÉ SALON.

[00:50:01]

OTHER MODIFICATIONS, SO SPECIFIC TO EXTENDED STAY HOTEL IS THE DENSITY.

TOWN CODE LIMITS EXTENDED STAY HOTELS TO A MAXIMUM DENSITY OF 40 ROOMS PER ACRE.

THE APPLICANT IS REQUESTING A MAXIMUM OF 134 ROOMS AND A DENSITY OF APPROXIMATELY 54 ROOMS PER ACRE.

I DID WANT TO PROVIDE A LITTLE BIT OF CONTEXT IN ASSOCIATION WITH THIS.

WHEN THIS CAME FORWARD, THE DENSITY GOT ADDED ON TO THE EXTENDED STAY HOTEL REQUIREMENTS BY A PLANNING AND ZONING COMMISSION MEMBER WHO'S NO LONGER WITH US, BUT HE HAD IDENTIFIED THE STANDARD WITH ANOTHER CITY, I FORGET, FRISCO MAYBE.

THEY HAD A STANDARD, BUT IT WAS FOR EXTENDED STAY HOTELS, BUT THEY ONLY ALLOWED THOSE ALONG THE FREEWAY.

AND SO THEY WERE LIKE...

STAND-ALONE HOTELS AND SO THEY HAD PUT THIS IN PLACE TO MAKE SURE THERE WAS LOTS OF OPEN SPACE ASSOCIATED WITH IT AND THEY WEREN'T PACKED IN TOO CLOSELY TOGETHER.

YOU KNOW IN FLOWER MOUND WE DON'T REALLY HAVE ANY FREEWAYS AND SO WHAT WE'VE SEEN IS HOTELS ALL ASSOCIATED WITH MIXED-USE DEVELOPMENTS AND SO IT JUST MEANS IT'S LAID OUT A LITTLE DIFFERENTLY.

A LOT OF TIMES WE'LL SEE A HOTEL THE LOT IS ONLY JUST A CUTOUT OF BASICALLY THE BUILDING FOOTPRINT.

YOU KNOW FOR INSTANCE IN THE COURTYARD AT THE RIVERWALK THEY'RE UP TO A DENSITY OF 93 UNITS PER ACRE BECAUSE BASICALLY THEY REPLATTED THE LOT AND IT'S NOW JUST THAT FOOTPRINT OF THE BUILDING.

BUT THERE, OF COURSE, IS LOTS OF OPEN SPACE THAT'S ASSOCIATED WITH THE OVERALL RIVERWALK DEVELOPMENT.

SO I DON'T KNOW IF THAT'S A TRUE KIND OF APPLES-TO-APPLES COMPARISON AS FAR AS THE GOAL OF ADDING THAT CONDITION.

IT WAS TO ENSURE THERE WAS MORE.

SPACE AND IT WASN'T SO PACKED IN TOGETHER, BUT WHEN YOU'RE PART OF A MIXED-USE DEVELOPMENT, YOU KNOW, YOU'RE GOING TO HAVE SHARED SPACES BETWEEN SOME OF THE OTHER BUSINESSES WITHIN THAT OVERALL DEVELOPMENT.

FOR THE PARKING, WE ALREADY TALKED ABOUT THAT, THAT THE TOWN CODE REQUIRES HOTELS TO PROVIDE THAT ROOM UNDER A COVERED AREA FOR TWO VEHICLES TO BE PARKED SIDE BY SIDE, AND THEY WOULD LIKE TO MAKE IT FRONT TO BACK INSTEAD.

AND WE DID JUST INCLUDE THIS DENSITY COMPARISON FOR THE OTHER HOTELS THAT ARE CURRENTLY IN TOWN.

MERITORIOUS DESIGN EXCEPTION.

THIS IS ANOTHER REQUEST BY THE APPLICANT.

THERE SHALL BE A UNIFIED DESIGN THEME CONSISTENT WITH THE ATTACHED ARCHITECTURAL IMAGERY.

SO IF LOT ONE, BLOCK A, IS TO BE DEVELOPED AS AN EXTENDED STAY HOTEL, THEN IT MAY USE TOWN-APPROVED BUILDING MATERIALS.

THIS MERITORIOUS DESIGN WILL CONTAIN DESIGN ELEMENTS FROM LAKESIDE CROSSING AND ADJACENT DEVELOPMENTS.

TO PROVIDE A UNIQUE BUILDING THAT ALIGNS WITH THE GREATER DEVELOPED AREA.

BASICALLY, THE APPLICANT WANTS TO NOT MAKE THIS LOOK JUST LIKE ALL THE BUILDINGS IN LAKESIDE CROSSING, SINCE IT'S IMMEDIATELY ADJACENT TO LAKESIDE DFW.

THEY WANTED TO MATCH MORE OF THAT ARCHITECTURAL STYLE.

IT IS STILL USING SOME OF THE MATERIALS THAT WERE APPROVED WITHIN LAKESIDE CROSSING, BUT LAKESIDE CROSSING HAD ALSO A FOCUS ON SOME OF THE WOOD LOOK.

MATERIAL AND THEN THERE'S MORE OF THOSE BROWN COLORS AND SO I THINK THE APPLICANT IS INTERESTED IN MATCHING MORE OF THE KIND OF WHITE STUCCO MEDITERRANEAN LOOK THAT'S AT LAKESIDE DFW.

ALSO THERE IS A STANDARD THAT SAYS IF LOT ONE BLOCK A IS TO BE DEVELOPED IN AN EXTENDED STAY HOTEL AND MAY ALSO UTILIZE CONTRASTING COLORS SUCH AS DIFFERENT SHADES OF BLUE AND PATTERN FABRICS.

COMPLEMENTING THE UNIFIED DESIGN THEME AND ANCILLARY ARCHITECTURAL ELEMENTS SUCH AS CANOPIES BALCONIES AND TRIM THAT IS SOMETHING THAT JUST THE BASE TOWN CODE OUR URBAN DESIGN PLAN WOULD NORMALLY ALLOW WE ALLOW YOU TO DO CONTRASTING ELEMENTS ON CANOPIES WHICH IS WHAT THEY'RE PROPOSING IT'S JUST THAT IN THE LAKESIDE CROSSING PD AS IT'S CURRENTLY WRITTEN IT DID NOT ALLOW FOR THAT SO THEY'RE WANTING TO UPDATE THAT STANDARD SO IT MATCHES THE TOWN'S URBAN DESIGN GUIDELINES.

AND THEN WITHIN THE TOWNHOME DISTRICT, THERE IS PROPOSED AN OPEN SPACE MODIFICATION.

SO WHAT THE APPLICANT HAS WORKED WITH STAFF TO WRITE SAYS THE LOT 17X MAY SERVE AS A PRIVATE PARK OR MAY BE REPLATTED TO BECOME PART OF THE IMMEDIATELY NORTH AND SOUTH ADJACENT TOWNHOME LOTS IN ANY PROPORTION.

IF LOT 17X IS USED AS A PRIVATE PARK, THE PARK SHALL BE MAINTAINED BY THE SAME ENTITY THAT MAINTAINS LOT 8X.

AND BASICALLY, THIS IS...

ALLOWING FOR OPTIONS FOR THIS PARK TO ENSURE THAT IT DOES HAVE ONGOING MAINTENANCE.

IF THE ASSOCIATED RESIDENTS ARE INTERESTED IN PURCHASING THAT LAND AND INCORPORATING IT INTO THEIR YARDS THEN THE BUSINESS OWNERS ASSOCIATION OR PROPERTY OWNERS ASSOCIATION IS OPEN TO THAT.

RIGHT NOW NO ONE IS REALLY MAINTAINING IT VERY WELL BECAUSE UNFORTUNATELY THE HOA WAS NOT FORMED BEFORE THOSE RESIDENTIAL LOTS WERE SOLD.

[00:55:02]

AND THE WAY THE PD PREVIOUSLY WAS WRITTEN WAS TO SAY THAT THERE WOULD BE THIS X LOT AND THAT IT WOULD BE MAINTAINED BY THE HOA.

BUT SO IT'S CREATED A CONUNDRUM THERE BECAUSE THERE IS NO HOA.

AND SO IN THIS WAY, THE KIND OF BUSINESS OWNERS ASSOCIATION HAS OFFERED TO TAKE OVER THE MAINTENANCE OF THAT X LOT, CHANGE THE STANDARD IN THE PD, OR IF THE RESIDENTS WANT TO HAVE IT, THAT'S FINE WITH THEM TOO.

THIS IS NOT REALLY A CHANGE.

THIS IS JUST A REMINDER AND STAFF HAS TALKED TO THE APPLICANT ABOUT IT AND THEY'RE AWARE OF KIND OF THE PHASING.

SO THIS WAS LANGUAGE THAT WAS ALREADY IN PLACE THAT SAID A CO SHALL NOT BE ISSUED TO THE THIRD BUILDING FULLY CONSTRUCTED WITHIN THIS DEVELOPMENT UNTIL ALL THE IMPROVEMENTS LISTED BELOW ARE COMPLETE.

IT TALKS ABOUT THE INSTALLATION OF IMPROVEMENTS IN THE CONCEPT LIGHTING PLANS, THE BOLLARD LIGHTS FOR LOT 8X.

AND THEN INSTALLATION OF TWO TRAFFIC STOP SIGNS.

THE TWO TRAFFIC STOP SIGNS HAVE ALREADY BEEN INSTALLED.

SO WHENEVER THE NEXT BUILDING GETS BUILT, WHETHER IT'S A HOTEL OR MARTY B'S OR CACHET SALON, WHICHEVER ONE COMES IN FIRST, THEY WILL HAVE TO ENSURE THAT THE BOLLARD LIGHTING IS PUT IN PLACE IN LOT 8X.

SO THAT'S JUST KIND OF A REMINDER THAT THAT'S WHERE WE STAND WITH THAT.

SO AGAIN, HERE IS THE CONCEPT SITE PLAN.

THIS IS BUILDING ONE.

THE BUILDING WE'RE TALKING ABOUT THERE, FIVE-STORY HOTEL.

HERE ARE IMAGES OF THE SITE.

THIS IS LOOKING DIRECTLY WEST AT THE PROPERTY WHERE THE HOTEL WOULD BE CONSTRUCTED.

HERE WE ARE LOOKING SOUTH.

THIS IS LOOKING NORTHEAST.

AND THEN THIS IS LOOKING AT THE POCKET PARK THAT'S BETWEEN THE TWO TOWNHOMES THAT WE WERE DISCUSSING PREVIOUSLY.

SO AGAIN, THE CONCEPT PLAN.

HERE IS THE LANDSCAPE PLAN.

THE LANDSCAPE PLAN IS MEETING ALL OF THE TOWN'S STANDARDS.

HERE IS THE CONCEPTUAL OPEN SPACE PLAN.

THE APPLICANT HAS PROVIDED THE INFORMATION TO STAFF TO VERIFY THAT THEY ARE STILL MAINTAINING THE 16 PERCENT OPEN SPACE THAT WAS REQUIRED AS PART OF THIS ORIGINAL PD.

THESE ARE THE CONCEPT ELEVATIONS.

YOU CAN SEE THESE ARE KIND OF THOSE BLUE AND WHITE STRIPED CANOPIES THAT WE WERE DISCUSSING.

AS TO WHAT THE APPLICANT WANTS TO BE ABLE TO PROVIDE.

AND AGAIN, YOU CAN SEE IT KIND OF HAS THAT MEDITERRANEAN LOOK, THE LIGHT STUCCO AND THE SPANISH TILE ROOF.

THERE ARE ALL THOSE ELEVATIONS.

THESE ARE THE POOL BUILDING ELEVATIONS AND DUMPSTER.

I WILL SAY THAT STAFF APPRECIATED THAT THE APPLICANT WAS WILLING TO REWORK THE DESIGN.

YOU CAN SEE THEY MOVED THE POOL HERE.

BASED ON PREVIOUS DESIGN IT WAS GOING TO BE NEXT TO 2499 AND WE HAD CONCERNS ABOUT THE USABILITY OF THAT AMENITY BEING SO CLOSE TO TO ALL THAT TRAFFIC AND SO THIS WAS JUST TO SHOW THE TWO ELEVATIONS I HEARD FROM ONE COUNCIL MEMBER THAT THEY THOUGHT IT WOULD BE HELPFUL TO SEE WHAT WAS CURRENTLY APPROVED AND THEN WHAT IS PROPOSED NOW? SO I JUST TOOK THE THE NORTH ELEVATION OF EACH BECAUSE THAT KIND OF SHOWED THE FRONT, AT LEAST, OF THE UNSCRIPTED BUILDING TO SEE WHAT THOSE LOOK LIKE.

SO SUMMARY OF THE MODIFICATIONS AND EXCEPTIONS.

ALLOW AN EXTENDED STAY HOTEL BY RIGHT ON LOT ONE, BLOCK INCREASE THE ALLOWED DENSITY TO 54 HOTEL ROOMS PER ACRE FOR EXTENDED STAY HOTEL.

MODIFY THE PORT-A-COUCHE STANDARD SO THAT THE STANDARD IS MET WITH TANDEM PARKING SPACES.

ESTABLISH A REQUIRED STR RATING OF UPSCALE OR BETTER FOR THE HOTEL.

MODIFY HOTEL PARKING RATIO TO BE ONE ROOM PER .76 PARKING SPACES AND INCORPORATE HOURLY TIME-BASED SHARED PARKING DATA.

ALLOW BLADE SIGNS ON THE HOTEL.

APPROVE A MERITORIOUS DESIGN EXCEPTION TO ALLOW HOTEL ELEVATIONS TO MATCH LAKESIDE DFW BUILDINGS INSTEAD OF LAKESIDE CROSSING BUILDINGS, INCLUDING CONTRASTING COLORS FOR ARCHITECTURAL ELEMENTS.

ADDRESS MAINTENANCE OF EXISTING POCKET PARK BETWEEN THE TOWNHOMES.

SO THAT'S THE END OF MY PRESENTATION.

I WOULD BE HAPPY TO ANSWER ANY QUESTIONS AND THE APPLICANT HAS A PRESENTATION AS WELL.

YEAH, YEAH, COUNCIL IF YOU HAVE ANY QUESTIONS.

THANK YOU LEX AND I REALLY APPRECIATE YOU INCORPORATING SOME OF THE QUESTIONS THAT WE WERE ASKING INTO THE PRESENTATION TONIGHT.

I ACTUALLY HAVE A QUESTION FOR BRYNN.

SO THIS APPLICATION HAS IN MY OPINION A LOT OF MOVING PARTS.

AND IT WOULDN'T SURPRISE ME IF THIS COUNCIL ACTUALLY GOES TO TOWN, LIKE LITERALLY, FIGURATIVELY, PICKING IT ALL APART AND SLICING IT AND DICING IT AND MOVING IT DIFFERENT WAYS.

WITH THAT IN MIND, IS IT POSSIBLE TO HAVE SOME DIFFERENT MOTIONS BASED

[01:00:02]

ON PULLING SOME THINGS OUT INDEPENDENTLY? LIKE, FOR INSTANCE, IF WE WANTED TO PULL OUT THE HANDLING OF X-LOT 17, TO FIRMLY ESTABLISH THAT NOW WHILE WE HAVE THE OPPORTUNITY, IS IT OKAY TO DO THAT AS A SEPARATE MOTION? ABSOLUTELY, ABSOLUTELY.

AND THEN YOU CAN REACH CONSENSUS ON EACH OF THE ITEMS AND FINAL APPROVAL OR DENIAL AS YOU SEE FIT.

WE CAN, DO YOU HAVE ANY QUESTIONS? OH YEAH.

ALL RIGHT, LEXAN, CAN WE GO TO, I GUESS WE'LL START WITH, I THINK IT WAS SLIDE 31 WAS THE SIDE-BY-SIDE.

WELL, ACTUALLY, LET'S GO TO 32, WHICH WAS ALL OF THE DIFFERENT MODIFICATIONS AND EXCEPTIONS.

SO WHICH OF THESE ARE ASSOCIATED SPECIFICALLY WITH THE EXTENDED STAY? AS IN, THE DENSITY IS NOT AN ISSUE IF THERE'S NO EXTENDED STAY, RIGHT? THAT'S CORRECT.

ARE THERE ANY OTHERS ON HERE THAT IF THE EXTENDED STAY ALONE WAS REMOVED WOULD JUST NO LONGER BE SUBJECT TO OUR CONSIDERATION? NO, I THINK THE REMAINDER OF THEM WOULD STILL BE IN PLACE BECAUSE THE DESIGN WOULD STILL BE DIFFERENT.

BLADE SIGNS WOULD STILL BE DIFFERENT.

PARKING RATIO IS GOING TO BE THE SAME EITHER WAY BECAUSE THERE'S THE SAME NUMBER OF HOTEL ROOMS, WHETHER IT'S EXTENDED STAY OR NOT.

THEN THE THE RATING OF UPSCALE WOULD APPLY EITHER WAY AND THE THE PARKING STANDARD AS FAR AS UNDERCOVER IS SOMETHING THAT'S FOR ALL HOTELS.

SO THAT WOULD BE IN PLACE EITHER WAY SO IT'S REALLY JUST THE SECOND BULLET THAT WOULD GO AWAY IF THERE WAS NOT AN EXTENDED STAY AS PART OF THE REQUEST OKAY, SO THE EXCEPTIONS DON'T APPLY TO THE IDENTIFY THE BRAND OF HOTEL.

IT DOESN'T DO THAT DO THAT DOES IT? NO, THE BRAND, THE COUNCIL'S APPROVAL COULD NOT BE BRAND SPECIFIC.

AND WHILE THE APPLICANT HAS CALLED THIS APPLICATION RESIDENCE IN, IT IS NOT BRAND SPECIFIC EITHER.

THAT'S WHY THE RATING WAS PROPOSED, KNOWING THAT ANOTHER HOTEL COULD OPEN WHERE THIS HOTEL WAS.

IT'S REALLY JUST AN ALLOWANCE FOR A HOTEL.

SO WHICH ONE DID YOU SAY ALLOWS FOR THE EXTENDED STAY? YOU SAID THERE'S ONE SPECIFIC.

THE FIRST BULLET ALLOWS FOR AN EXTENDED STAY, AND THEN THE SECOND BULLET ONLY NEEDS TO BE REQUESTED IF THIS IS FOR AN EXTENDED STAY BECAUSE THERE'S NO DENSITY REQUIREMENT FOR A NON-EXTENDED STAY HOTEL.

SO EXTENDED STAY WE DEFINE AS IF YOU CALL YOURSELF AN EXTENDED STAY, YOU'RE AN EXTENDED STAY.

IF WE TAKE THE HOTEL AND WE TAKE THE EXTENDED STAY SIGN OFF AND INSTEAD OF RESIDENCE IN IT BECOMES SAY A COURTYARD THEN THE ROOMS CAN BE THE SAME SIZE THE KITCHENETTES CAN STAY THEY DON'T HAVE TO ASK FOR PERMISSION FOR THAT.

THEY JUST HAVE TO GET APPROVAL FOR THE PARKING AND A FEW OTHER ITEMS OKAY, THAT'S CORRECT.

CAN YOU GO TO SLIDE? I THINK IT WAS 31 WITH THE SIDE BY SIDE ALL RIGHT, SO I JUST WANT TO MAKE SURE I'M CLEAR SO THE BUILDING ON THE BOTTOM WHICH IS CURRENTLY APPROVED AND COULD BE BUILT IF THEY WANTED TO BUILD THIS THEY COULD JUST COME IN AND START ASKING FOR PERMITS UM, IT'S IS THERE ANY DIFFERENCE IN THE HEIGHT OF THE BUILDING? THEY SEEM TO BE ABOUT THE SAME.

IS THAT RIGHT? THEY'RE BOTH FIVE STORIES.

IS THERE ANY DIFFERENT IN THE FOOTPRINT? BECAUSE ONE OF THE RESIDENTS I WAS TALKING TO SAID THEY FELT LIKE THE BUILDING ON TOP WAS VERY LARGE COMPARED TO THE ONE ON THE BOTTOM.

IS IT ANY DIFFERENT IN SIZE? IT IS A LARGER FOOTPRINT.

SO THIS IS THE FOOTPRINT CURRENTLY.

SOME THAT ARE CLOSER TOGETHER THAT SHOW BOTH.

SO THIS IS THE PREVIOUS FOOTPRINT AND THIS IS THE CURRENT FOOTPRINT.

YES.

SO IT IS A LARGER FOOTPRINT.

YOU KNOW, PROBABLY BECAUSE YOU DO HAVE LARGER ROOMS WITH THE RESIDENTS IN BECAUSE THEY DO ALL HAVE, YOU KNOW, IT'S MORE OF AN ALL SUITE PRODUCT.

SO THEY WOULD ALL HAVE A KITCHEN AND SOME OF THEM HAVE A SEPARATE BEDROOM AND THAT SORT OF THING.

SO SAME NUMBER OF ROOMS, BUT BIGGER ROOMS. SO TAKES UP A BIGGER FOOTPRINT.

AND THEN ALSO THE APPLICANT HAS INDICATED THAT THEY ARE PUTTING THE HOTEL BAR ON THE FIRST FLOOR AS OPPOSED TO ON THE ROOF, WHICH WAS WHAT WAS BEING DISCUSSED WITH THE PREVIOUS HOTEL.

SO IT'S POSSIBLE THAT ALSO EXPANDED OUT THE FOOTPRINT SOME.

SO OBVIOUSLY IT WAS A DIFFERENT DEVELOPER BACK THEN.

THERE WERE A LOT OF PROBLEMS WITH THAT DEVELOPMENT.

THEY MADE A LOT OF PROMISES.

SO THE PRESENTATION, THEY TALKED ABOUT A ROOFTOP BAR.

WHEN I WENT THROUGH THE PD, I DIDN'T SEE ANY...

STATEMENT ABOUT A REQUIREMENT FOR A ROOFTOP BAR.

WHAT IS ACTUALLY REQUIRED UNDER THE EXISTING PD FOR THAT OTHER BUILDING? NO SPECIFIC AMENITIES WERE REQUIRED UNDER THE PRIOR PD.

I THINK THERE WAS I BELIEVE THERE WAS A 380 AGREEMENT THAT THAT DEVELOPER HAD DONE WITH THE COUNCIL AT THE TIME THAT WOULD PUT IN PLACE MORE OF THOSE SPECIFICS.

[01:05:02]

BUT THEY WERE NOT THEY DIDN'T BUILD ANYTHING CLEARLY.

SO THAT 380 EXPIRED.

SO WHAT WOULD BE REQUIRED TODAY? FOR ANY NEW HOTEL THAT CAME IN, LET ME FIND MY SLIDE I'M LOOKING FOR, THIS IS THE TOWN'S CURRENT STANDARDS FOR ANY HOTEL.

IT SHALL PROVIDE AT LEAST THREE AMENITIES FROM THE LIST BELOW.

MAINTAIN 10% OF THE LOT AREA AS OPEN SPACE, PROVIDE STAFF ON SITE 24 HOURS A DAY, ROOMS HAVE TO BE ACCESSED FROM INTERIOR CORRIDORS, AND THE COVERED PARKING AREA FOR WHEN YOU'RE CHECKING IN.

SO THESE WOULD BE REQUIRED.

THIS IS WHAT ANY HOTEL THAT GETS BUILT IN FLOWER MOUND WOULD HAVE TO MEET UNLESS THEY HAD PREVIOUS APPROVED PD STANDARDS THAT WERE DIFFERENT THAN THESE.

OTHERWISE THEY WOULD HAVE TO MEET THESE.

SO I'M JUST THINKING ABOUT LIKE, IF YOU KNOW, IF A LESSER HOTEL BRAND CAME IN AND THEY WANTED TO BUILD THAT HOTEL THAT WE HAVE AT THE EXHIBIT FOR, THEY WOULD HAVE TO DO THREE OF THESE.

SO THEY COULD PUT A POOL TABLE AND A BASKETBALL COURT AND MAYBE A LITTLE PLAYGROUND AND THEN THEY WOULD QUALIFY.

THEY WOULDN'T HAVE TO EVEN PUT A POOL IN.

YOU'RE TALKING ABOUT A 380? NO, I'M TALKING ABOUT WHAT WOULD BE REQUIRED TO BUILD TODAY WITHOUT DISCRETIONARY ZONING.

IN OTHER WORDS, IF THEY TOOK THE EXISTING ZONING AND THEY JUST WANTED TO FILE A PERMIT AND GET TO WORK AND NOT COME TO US.

WHAT DOES THAT ACTUALLY MEAN? AND SO WE KNOW THEY HAVE TO CONFORM TO THE EXHIBIT, AND THEY HAVE TO PUT THREE OF THESE FEATURES.

BUT I WAS TOLD THAT THERE WAS A REQUIREMENT FOR A ROOFTOP BAR.

AND THIS WAS REALLY IMPORTANT BECAUSE YOU WERE GOING TO SEE THE LAKE, AND THIS WAS A BIG PART OF THIS HOTEL.

AND SO IF WE APPROVE THIS, ALL OF A SUDDEN, NO ROOFTOP BAR.

BUT I'M NOT SEEING A REQUIREMENT FOR A ROOFTOP BAR WHEN I GO THROUGH THE DOCUMENTS, SO I'M TRYING TO UNDERSTAND.

THERE IS NOT A REQUIREMENT FOR A ROOFTOP BAR.

I THINK THAT WAS PART OF...

APPLICANT AT THE TIME'S PRESENTATION.

AND LIKE I SAID, THAT MIGHT HAVE BEEN WRITTEN IN WITHIN THAT 380 AGREEMENT.

SO IT'S POSSIBLE THAT THE COUNCIL THOUGHT THEY WERE SECURING THAT.

BUT SINCE THAT HAS EXPIRED, WE DON'T HAVE A WAY TO ENFORCE THE 380 ANYMORE.

YEAH, I JUST WANT TO ACKNOWLEDGE THERE'S A LOT OF FRUSTRATION WITH THE PROMISES THAT WERE MADE AND THE LACK OF REALLY ANY DESIRE TO DELIVER ON THOSE PROMISES.

AND I KNOW THAT THAT'S NOT THE FAULT OF THE APPLICANT TODAY, BUT THEY'RE THE ONES WHO ARE HOLDING THE BAG.

SO YOU I'M JUST TRYING TO MAKE SURE I UNDERSTAND THAT IF WE TURN THE WHOLE THING DOWN, THEN WHAT IS THAT, WHAT'S LEFT? AND SO IT'S NOT A LOT, BUT IT'S KIND OF CONCERNING.

OKAY, THANK YOU, LEX, AND I APPRECIATE IT.

I WAS SAYING EARLIER WE HAD A LOT OF EMAILS.

NOW, WE MIGHT NOT HAVE EXACT NUMBERS BECAUSE SOMETIMES THE EMAILS COME TO THE TOWN COUNCIL, SO WE ALL GET EMAILS.

SOMETIMES WE GET EMAILS THAT ARE PRIVATELY SENT TO US.

BUT I HAD 23 SUPPORTED OF THIS.

OF THIS PD AND THEN 157 IN OPPOSITION.

AND I THINK THE MAIN CONCERN WAS THE TYPE OF HOTEL THAT IT WAS GOING TO BE, AND I'M JUST STATING WHAT THE CONCERNS ARE SO THAT WE CAN DISCUSS THIS.

AND IT IS NO OPINION OF MINE.

I'M STATING WHAT HAS BEEN PRESENTED TO US.

THIS IS JUST SOME OF THE CONCERNS WERE WHAT ADAM SAID, JUST THE TYPE OF HOTEL THAT IT WAS GOING TO BE THAT WAS PRESENTED TO US, THAT IT WAS GOING TO BE MORE OF A FOUR-STAR HOTEL AREA.

AND, YOU KNOW, JUST HAVING THOSE AMENITIES WAS VERY IMPORTANT TO THE INDIVIDUALS SENDING THESE IN OPPOSITION.

SO, I MEAN, I WOULD LIKE US TO LOOK AT IT VERY CLOSELY BECAUSE THIS IS THE ENTRY.

WE TALKED ABOUT THE ENTRY WITH CHARCO.

WE TALKED ABOUT THE ENTRY INTO THE FLOWER MOUND.

WE NEED TO MAKE SURE THAT THE ENTRY INTO THIS AREA IS WHAT WE ENVISION FOR THIS LAKESIDE AREA AND FOR WHAT IT WAS BUILT TO BE.

SO DOES ANYBODY HAVE ANY OTHER COMMENTS? I KNOW JEAN-DIÉ. WELL, I HAVE ANOTHER QUESTION, I THINK.

COULD YOU GO BACK TO SLIDE 13? MY QUESTION REALLY IS DEALING WITH THE TRAFFIC.

I KNOW, I MEAN, I'VE PERSONALLY GOTTEN COMPLAINTS ABOUT PEOPLE NOT, ESPECIALLY ON A SATURDAY NIGHT, NOT BEING ABLE TO FIND PARKING WHEN THEY'RE GOING TO A RESTAURANT.

AND I'M SEEING, YES, THESE ARE WEEKENDS.

SO IT'S ONLY SHOWING THAT ON A WEEKEND THAT THE DEFICIT IS AT 9 A.M., RIGHT? NOTHING ABOUT, IT'S SHOWING LIKE AN EXCESS HERE.

SO I GUESS I'M TRYING TO FIGURE OUT.

HOW OLD THIS TRAFFIC STUDY IS AND, YOU KNOW, THE CURRENT COMPLAINTS ABOUT NOT BEING ABLE TO FIND PARKING ON WEEKENDS? WELL, I THINK WHAT I'VE HEARD

[01:10:01]

OF COMPLAINTS ABOUT PARKING HAS TO DO MORE WITH LAKESIDE DFW AND NOT WITH LAKESIDE CROSSING.

SO THIS PARKING STUDY IS ONLY FOR LAKESIDE CROSSING.

LIKE I SAID, WE KIND OF LOOKED AT THAT ZONING MAP AND YOU COULD SEE THE DIFFERENT COLOR AROUND IT.

SO, FOR INSTANCE, I KNOW 1845 IS VERY POPULAR ON THE WEEKENDS, AND MY UNDERSTANDING WAS SOMETIMES THEY WERE PARKING OR HAVING PEOPLE PARK OVER HERE.

AND SO I'LL LET THE APPLICANT SPEAK TO THAT.

BUT JUST AS FAR AS I DON'T WANT YOU TO THINK, OH, WELL, THIS DATA IS INACCURATE BECAUSE IT DOESN'T REFLECT THAT.

BECAUSE, LIKE I SAID, THIS IS A PARKING STUDY THAT'S SPECIFIC TO LAKESIDE CROSSING.

SO THAT INCLUDES SEVERAL RESTAURANTS, PROBABLY ONLY.

I WOULD THINK PROBABLY ONLY TYCOON THAT'S REALLY LIKE MORE OF A LATE NIGHT WEEKEND RESTAURANT.

YOU KNOW, THERE'S LIKE SMOOTHIE KING AND ONE OF THE, THERE'S ANOTHER KIND OF BREAKFAST RESTAURANT.

THERE'S SOME SANDWICH PLACES.

YEAH, SANDWICH PLACES.

MAYBE PIZZA.

NOW, THE DOMINO'S DOESN'T HAVE INSIDE SEATING, SO IT'S NOT EVEN SEATED LIKE A RESTAURANT BECAUSE YOU CAN'T GO IN THERE TO EAT.

IT'S TAKEOUT ONLY.

BUT YEAH, SO IT'S JUST LOOKING AT THOSE RESTAURANTS THAT ARE ACTUALLY IN LAKESIDE CROSSING.

BECAUSE THAT'S WHAT THE PARKING IS SUPPOSED TO ACCOMMODATE.

LIKE I SAID, I KNOW THAT THE APPLICANT HAS BEEN TALKING TO SOME OF THE RESTAURANTS IN LAKESIDE, AND SO HE CAN PROBABLY SPEAK MORE TO IT FROM THAT SIDE.

OKAY, THAT'D BE GOOD.

AND YOU SAID SINCE THE PLANNING AND ZONING MEETING, CACHET, THE CHANGES AT CACHET, HAS PROVIDED JUST NINE MORE PARKING SPACES OR MORE THAN THAT? YEAH, I THINK IT WAS GOING TO CHANGE FROM ONE EXTRA TO NINE EXTRA.

ON THAT WEEKEND AT 9 A.M.

NO, THIS IS SAYING HOW MANY PARKING SPOTS THEY WOULD NEED AT ANY GIVEN TIME.

YEAH, OKAY.

SO IT'S SAYING IT'S 105 WOULD BE THE MOST.

THEN GOING TO 83 AT THAT TIME WHEN THEY ARE THE OTHER THE OTHER USES NEED THE MOST PARKING SPACES.

I BELIEVE THEY'RE ADDING 30 THERE BUT HOW MANY HOW MANY TOTAL SO HOW MANY TOTAL PARKING? OKAY, I'M ADDING 40 TO THE EXISTING 58 PARKING SPACES THEY'LL BE 98 SPACES TOTAL.

OH SO THE THE LARGE PARKING LOT IN FRONT OF 1845 FROM THEIR MAIN ENTRANCE IS THAT ARE WE CONSIDERING THAT A PART OF LAKESIDE CROSSING? IS THAT PARKING A PART OF THIS? NO.

THIS IS THE PARKING LOT HERE.

IT'S ACTUALLY BY THE TOWNHOME RESIDENTS, BUT IT'S ALREADY BUILT AND THERE'S REALLY NOT A BUILDING AROUND IT.

THAT'S THE ONLY ONE THAT'S PART OF LAKESIDE CROSSING.

I THINK 1845 IS KIND OF OVER FURTHER NORTH THAN WHAT'S SHOWING UP ON THIS VISUAL.

AND THAT'S WHERE I THINK SOME PEOPLE ARE FINDING IT EASIER TO JUST WALK DOWN TO HERE.

SO SEE, THIS IS THE AREA WHERE THE HOTEL IS GOING TO GO.

THIS IS THAT EXISTING PARKING LOT.

AND THEN LIKE I SAID, THIS IS ALL LAKESIDE RIGHT HERE.

SO IT'S VERY CLOSE.

IT'S NOT EVEN A STREET BETWEEN THEM.

IT'S REALLY JUST A DRIVE.

BUT IT IS A DIFFERENT DEVELOPMENT THAT HAS ITS OWN ZONING AND ITS OWN PARKING ANALYSIS.

SO IT SOUNDS LIKE MAYBE THERE'S NOT ENOUGH PARKING FOR 1845.

I MEAN, IT WOULD CONTINUE TO BE A PROBLEM, WOULDN'T IT, IF THE HOTEL WERE THERE, THAT PEOPLE WOULD CONTINUE TO...

I REALLY WANT TO LET THE APPLICANT SPEAK TO HIS THOUGHTS OR EFFORTS ON HOW HE WANTS TO ADDRESS 1845.

ARE YOU ALL READY FOR THE APPLICANT? I'LL PROBABLY HAVE MORE COMMENTS, QUESTIONS, DEPENDING ON THE...

PUBLIC HEARING AND THE APPLICANT PRESENTATION.

I DO HAVE ONE FOR YOU, LEXAN.

ON THE PORT-A-CACHÉ, HAVING THE TWO PARKING SPOTS TANDEM INSTEAD OF SIDE-BY-SIDE, DOES STAFF HAVE ANY CONCERNS ABOUT TRAFFIC FLOW THROUGH THE PORT-A-CACHÉ, GIVEN THAT IT'S TANDEM AND NOT SIDE-BY-SIDE? NO, I DON'T THINK SO.

LIKE I SAID, THE STANDARD WAS PUT IN PLACE JUST TO ENSURE THAT THERE WOULD BE A COVERED AREA.

AGAIN, STAFF IS THE ONE THAT WROTE THE ORIGINAL STANDARD WHEN WE PUT...

THIS IN PLACE FOR HOTELS THAT ANY OF THEM WOULD HAVE TO DO IT.

AND IT WAS JUST TO ENSURE THAT YOU DON'T JUST HAVE PEOPLE LIKE OUT IN THE RAIN, YOU KNOW, TRYING TO GET OUT OF THEIR CAR AND WHEEL THEIR LUGGAGE AROUND.

AND SO IT WAS TO MAKE SURE THAT THERE WAS SOME COVERED AREA WITH LIKE AT LEAST A COUPLE OF SPACES SO THAT IF YOU HAVE TWO PEOPLE GETTING THERE AT THE SAME TIME OR THAT THEY CAN BE UNDER SOME SORT OF COVER.

SO THAT WAS THE INTENT FOR THAT STANDARD.

[01:15:02]

OKAY, THANKS.

WHAT I'M CONCERNED ABOUT, YOU SAID THE BAR ORIGINALLY WAS ON THE ROOFTOP LEVEL, RIGHT? THAT'S WHAT THE ORIGINAL APPLICANT TALKED ABOUT DOING WHEN THEY GOT THIS ZONING APPROVED IN 2017.

AND THEN YOU WERE WANTING TO DO, THEY'RE WANTING TO DO THE BOTTOM LEVEL BAR INSTEAD.

AND I THINK THAT'S WHERE WE GET INTO LIKE A DIFFERENT LEVEL OF TYPE OF HOTELS TOO SOMETIMES, ESPECIALLY FOR THAT AREA.

BUT ANYWAY, WE CAN TALK ABOUT THAT IN A LITTLE BIT.

I GUESS JUST HAVE THE APPLICANT COME FORWARD.

GOOD EVENING, MAYOR, TOWN COUNCIL, TOWN STAFF, MEMBERS OF THE AUDIENCE.

MY NAME IS JIMMY ARCHIE WITH REALTY CAPITAL 909, LAKE CAROLYN PARKWAY, IRVING, TEXAS.

THANK YOU, LEXAN.

AS USUAL, YOU DO A VERY COMPREHENSIVE PRESENTATION.

YOU MAKE OUR JOB EASY.

SO I'M GOING TO TRY NOT TO GO THROUGH ALL THE DETAILED POINTS, BUT TRY AND ADD SOME CONTEXT TO A FEW OF THE REQUESTS THAT ARE PART OF THE ZONING APPLICATION.

AS THE MAYOR SAID, LOTS OF EMAILS, LOTS OF TALK ABOUT THE PROJECT.

WE REALLY WANT THE COUNCIL AND THE PUBLIC TO REALLY WALK AWAY FROM TONIGHT BEING FULLY INFORMED ON WHAT IT IS WE'RE ASKING FOR, WHY WE'RE ASKING FOR IT.

AND AT THE END OF THE DAY, WE WANT TO BUILD A BEAUTIFUL HOTEL HERE, AND WE'RE OPEN FOR DISCUSSION AS WE GO ALONG.

BUT WE DON'T WANT TO LEAVE ANY STONE UNTURNED IN TERMS OF WHO WE ARE, WHY WE'RE DOING THIS, WHO THE OPERATOR IS GOING TO BE.

WHAT IS THE BRAND THAT WE'RE PROPOSING? AND THEN CERTAINLY WE'RE GOING TO ADDRESS PARKING IN DETAIL.

SO, AGAIN, LEXINGTON TALKED ABOUT THE HISTORY OF THE SITE.

AND, AGAIN, I MEAN, I THINK THEY DID A GREAT JOB EXPLAINING THIS REALLY ISN'T A DECISION OF WHETHER HOTEL USE SHOULD BE APPROVED ON THE SITE.

IT'S REALLY MAYBE WHAT TYPE OF HOTEL USE AND WHAT SHOULD THE BUILDING LOOK LIKE.

I THINK THOSE ARE THE MAIN.

MAIN DECISIONS THAT WERE BEFORE US TONIGHT.

SO THE ORIGINAL ZONING WAS DONE BACK IN 2017.

THAT WAS PLANNED TO BE AN UNSCRIPTED HOTEL BY DREAM HOTELS.

THE DEVELOPER BROKE GROUND IN 2018 ON ALL THE HORIZONTAL INFRASTRUCTURE IN THE PROJECT.

IN 2018, THEY CHANGED THE HOTEL BRAND FROM THE UNSCRIPTED BY DREAM.

TO A HOTEL OR L BY I BELIEVE IT'S RED LION CORPORATION I DON'T THINK DREAM HOTELS OR RED LION CORPORATION ARE IN BUSINESS ANYMORE BUT THEY APPLIED FOR A 380 AGREEMENT TO CHANGE THAT BRAND IN 18 IN 2019 THEY BROUGHT ANOTHER REVISED VERSION OF THE 380 AGREEMENT FORWARD TO CHANGE THE HOTEL TO A HOTEL INDIGO I DON'T REMEMBER I CAN'T RECALL WHAT HOTEL COMPANY THAT IS, BUT THEY ARE STILL AROUND.

IT'S NOT A MARRIOTT OR HILTON BRAND.

JUST FOR CONTEXT, IN 2019, WE BOUGHT THE PROPERTY JUST SOUTH OF THIS AND BUILT THE LAKESIDE INTERNATIONAL OFFICE CENTER.

IT WAS REALLY ONE OF THE FIRST CLASS A OFFICE BUILDINGS IN TOWN.

ONE OF THE DRIVING FACTORS, WE WERE CERTAINLY LOOKING FORWARD TO HAVING A HOTEL KIND OF BETWEEN LAKESIDE AND THE OFFICE BUILDING FOR.

SOME OF THOSE COMPANIES TO HOUSE THEIR GUESTS.

WE OPENED THAT BUILDING IN 2020.

AND THEN IN 2021, THE TWO RETAIL STRIP CENTERS WERE BUILT AT THE FRONT OF LAKESIDE CROSSING THERE.

AND THEN IN 2021, THE HOTEL LOT WAS SOLD FROM THE ORIGINAL LAND DEVELOPMENT ENTITY TO A NEW ENTITY.

THAT'S STILL INVOLVED WITH THE OWNERSHIP TODAY.

HE ACTUALLY TOLD ME I COULD MENTION WHO HE WAS, A GENTLEMAN NAMED GEN FUKUNAGA.

YOU PROBABLY KNOW THE COMPANY FUNIMATION THAT WAS HERE IN FLOWER MOUND.

I THINK HE EMPLOYED 150 EMPLOYEES AT HIS FACILITY THERE IN THE LAKESIDE BUSINESS DISTRICT.

EVENTUALLY SOLD HIS COMPANY TO SONY.

I THINK IT'S A $2 BILLION COMPANY NOW.

HIS TWO KIDS LIVE IN LAKESIDE.

HE'S GOING TO REMAIN INVOLVED.

IN THE OWNERSHIP OF THE PROJECT ALONG WITH THE HOTEL OPERATOR WHO YOU'RE GOING TO MEET TONIGHT AS WELL.

AND THEN IN 2022, WE SAW THAT PROJECT KIND

[01:20:02]

OF LANGUISHING AND REALLY WANTED TO STEP IN AND TRY AND HELP GET SOMETHING GOING IN THE LAKESIDE CROSSING PROJECT TO HELP CONTRIBUTE, ADD VALUE TO WHAT WE WERE DOING AT LAKESIDE.

SO WE ENDED UP BUYING FOUR OF THE UNDEVELOPED LOTS FROM THE PREVIOUS DEVELOPER.

TWO LOTS BEHIND THE STRIP CENTER AND THEN THE LOT THAT IS NOW GOING TO BE THE MARTY B'S COFFEE AND THE CACHET SALONS.

SO THEN IN 2023, THE PREVIOUS DEVELOPER, ALONG WITH THE LANDOWNER, CHANGED THE HOTEL BRAND AGAIN TO BE A RESIDENCE IN AND FILED A ZONING APPLICATION FOR THE RESIDENCE IN.

IT DIDN'T REALLY GO ANYWHERE.

IT KIND OF STALLED OUT.

AND...

IN 2024, THE DEVELOPER OF THAT HOTEL WAS REMOVED FROM THE LAND PARTNERSHIP.

AND SO MR. FUKUNAGA WENT OUT AND PARTNERED WITH SUPERHOST HOSPITALITY, WHO YOU'RE GOING TO MEET TONIGHT.

AND THEN THEY REACHED OUT TO US AND ESSENTIALLY INVITED US TO COME INTO THEIR PARTNERSHIP AND BE PARTNERS AND HELP THEM DEVELOP THIS HOTEL.

UM WHEN THE OPPORTUNITY WAS PRESENTED TO US, WE WERE HONORED THAT THEY CAME TO US.

WE THINK IT MAKES A LOT OF SENSE TO HAVE INTERESTS ALIGNED BETWEEN THAT HOTEL AND THE LAKESIDE PROJECT.

I MEAN, THE FRONT DOOR OF THE HOTEL LOOKS TOWARDS LAKESIDE.

IT DOESN'T LOOK TOWARDS LAKESIDE CROSSING.

AND SO WE WERE HONORED TO STEP IN AND PARTICIPATE.

AND OUR APPROACH WAS, YOU KNOW, THEY CAME TO US WITH A RESIDENCE IN BRAND.

WE DID OUR RESEARCH.

WE DID OUR HOMEWORK.

WE WERE HAPPY WITH THE BRAND THAT THEY CHOSE, BUT OUR MAIN CONCERN WAS IF WE WERE GOING TO BUILD A RESIDENCE IN AT THAT LOCATION, WE WANTED IT TO BE ONE OF THE NICEST RESIDENCE IN IN THE ENTIRE PORTFOLIO OF RESIDENCE INS, AND THAT'S WHAT OUR GOAL IS.

HOPEFULLY THE ARCHITECTURE REFLECTS KIND OF OUR COMMITMENT TO QUALITY.

IN 2025, THOSE TWO USERS GOT THEIR ZONINGS APPROVED, AND THEN AGAIN, LAST YEAR IS...

KIND OF WHEN WE GOT INVOLVED WITH THE RESIDENCE IN AND THEN WE FILED A NEW ZONING APPLICATION.

THE OLD APPLICATION TERMINATED AND WE FILED A NEW APPLICATION WITH THE NEW ARCHITECTURE AND SOME OF THE NEW PROVISIONS THAT YOU'RE CONSIDERING TONIGHT.

WHY DID WE GET INVOLVED? AGAIN, OUR GOAL IS TO HAVE A SUCCESSFUL HOTEL THAT IS BUILT THAT STANDS THE TEST OF TIME.

AND CONTRIBUTES POSITIVELY TO THE VIBRANCY AND CONTINUED SUCCESS OF LAKESIDE.

SO WHAT DO I MEAN BY THAT? THIS HOTEL WILL BRING MORE FOOT TRAFFIC, MORE DAYTIME AND WEEKNIGHT POPULATION TO THE LAKESIDE AREA THAT WILL HELP SUPPORT ALL OF OUR BUSINESSES, PARTICULARLY OUR RESTAURANTS.

WHEN OUR RESTAURANTS THRIVE, OUR LIFESTYLE THRIVES, AND OUR WHOLE PROJECT THRIVES.

RENTAL RATES GO UP, PROPERTY VALUES GO UP, LAKESIDE PARKWAY IS OUR MAIN STREET, AND IT IS OUR MISSION TO CONTINUE FEEDING THESE BUSINESSES WHO ARE THERE, PROVIDING A GREAT AMENITY TO THE ENTIRE TOWN.

A LOT OF OUR RESTAURANTS DO 50% OF THEIR REVENUE ON FRIDAY AND SATURDAY NIGHT.

SO SUNDAY, MONDAY, TUESDAY, WEDNESDAY, THURSDAY, SUNDAY IS OKAY, MONDAY IS UGLY FOR OUR RESTAURANTS.

TUESDAY GETS A LITTLE BETTER, WEDNESDAY GETS A LITTLE BETTER, THURSDAY'S A LITTLE BETTER, AND THEN BOOM, FRIDAY AND SATURDAY IS WHEN THEY REALLY KNOCK IT OUT OF THE PARK.

SO THE ROOM FOR GROWTH WITH OUR BUSINESSES IS NOT FRIDAY AND SATURDAY NIGHTS WHEN MOST FLOWER MOUND RESIDENTS WANT TO GO OUT AND DINE AND BE ENTERTAINED.

IT'S ON THOSE OTHER NIGHTS A WEEK.

SO THIS IS AN OPPORTUNITY TO CREATE GROWTH FOR OUR BUSINESSES IN AREAS THAT REALLY WE CAN'T SQUEEZE THAT MUCH MORE OUT OF THE TOWN.

I MEAN, THE HABITS OF THE CURRENT RESIDENTS ARE WHAT THEY ARE.

THIS BRINGS A NEW CUSTOMER IN A HOTEL ROOM EVERY SINGLE NIGHT OF THE WEEK, POTENTIALLY.

SO THAT'S OUR MAIN MOTIVATION.

AND THEN AGAIN, WHAT IS A SUCCESSFUL HOTEL? A SUCCESSFUL HOTEL IS A HOTEL THAT HAS STRONG DEMAND, HIGH OCCUPANCY RATES, AND APPRECIATING ROOM RATES, SEVEN NIGHTS A WEEK, WITH CUSTOMERS THAT CONTRIBUTE POSITIVELY TO THE LOCAL ECONOMY.

THAT IS OUR GOAL.

AND WHATEVER NAME THIS HOTEL ENDS UP BEING, WE HOPE IT'S A RESIDENCE IN.

IF IT'S SOMETHING ELSE.

WE WANT IT TO BE SUCCESSFUL AND THE BRAND SELECTION IS PART OF THAT STRATEGY FOR US.

SO HOW DO WE ACHIEVE THE GOAL? ONE, WE BUILD A BEAUTIFUL, ARCHITECTURALLY COMPATIBLE BUILDING.

WE WANT TO CAPITALIZE ON THE SUCCESS OF LAKESIDE.

AND SO GIVEN THE HOTEL FACES

[01:25:01]

LAKESIDE, WE WANT TO LOOK AND FEEL LIKE IT IS A LAKESIDE HOTEL.

AGAIN, HIRE AN EXPERIENCED HOTEL OPERATOR TO MANAGE THE HOTEL.

YOU'RE GOING TO MEET SAMIR TONIGHT.

HE'S GOING TO GIVE YOU A BRIEF BACKGROUND ON HIS COMPANY.

THEY'RE VERY EXPERIENCED.

THEY KNOW WHAT THEY'RE DOING.

WE'VE GOT A GREAT PARTNER TO RUN AND MANAGE THIS HOTEL.

THREE SELECT AN INDUSTRY-LEADING HOTEL COMPANY.

SO THE REALITY IS MARRIOTT IS THE BIG BOY.

MARRIOTT AND HILTON ARE THE TOP TWO HOTEL COMPANIES IN THE WORLD.

MARRIOTT IS A NOTCH ABOVE.

SO THEY'VE ESTABLISHED THIS LOYALTY PROGRAM, AND PEOPLE ARE KIND OF LOYAL TO THEIR HOTEL COMPANY.

WE'RE PROUD THAT WE'RE SELECTING A MARRIOTT BRAND TO PUT ON THIS HOTEL.

AND THEN WITHIN THE MARRIOTT FAMILY, OF COURSE, THEY'VE GOT A BUNCH OF DIFFERENT TYPE OF HOTEL BRANDS.

THEY'VE GOT A LARGE PORTFOLIO OF BRANDS.

SOMEBODY ASKED ME WHY, YOU KNOW, EDUCATE ME A LITTLE BIT ABOUT ALL THEIR BRANDS.

AND BRANDON WITH MARRIOTT IS GOING TO BE HERE PRESENTING.

HE CAN CORRECT ME IF I'M WRONG, BUT I LOOK AT THE MARRIOTT FAMILY OF HOTELS, AND THEIR THREE STAPLE HOTELS ARE THEIR STRAIGHT MARRIOTT HOTEL, THEIR MARRIOTT COURTYARD.

AND THE RESIDENCE IN THOSE ARE THE THREE BRANDS THEY'VE HAD FOREVER I KIND OF COMPARED IF YOU LOOK AT COCA-COLA PRODUCTS THAT'S THEIR COKE DIET COKE AND SPRITE COKE HAS A LOT OF OTHER BRANDS A LOT YOU DON'T REALLY KNOW AS WELL BUT THOSE ARE THEIR THREE STAPLE BRANDS AND THEY PRETTY MUCH ENSURE SUCCESS SO AGAIN YOU KNOW WHERE THE SITE IS LEXAN HIT HERE'S THE CURRENT BUILDING THAT WE DON'T REALLY HAVE ANY INTEREST IN BUILDING HERE'S OUR PROPOSED BUILDING AND JUST TO REFRESH EVERYBODY'S MEMORY OF YOU KNOW WHAT THE EXISTING ARCHITECTURE OF LAKESIDE IS THESE ARE SOME OLD ONES HERE WITH SOME RESTAURANTS THAT AREN'T AROUND ANYMORE BUT STILL YOU CAN YOU CAN SEE THE ARCHITECTURE THAT WE'RE TRYING TO MATCH SO I'M GONNA LET SAMIR COME UP INTRODUCE HIMSELF AND HIS COMPANY JUST BRIEFLY EXPLAIN WHAT THEY DO AND IN THEIR EXPERIENCE.

THANK YOU JIMMY.

GOOD EVENING SAMIR LAKHANI, SUPROSE HOSPITALITY.

I'M THE PRESIDENT OF 1804 NORTH NAPERVILLE BOULEVARD, NAPERVILLE, ILLINOIS.

BEFORE I JUMP INTO MY COMPANY AND OUR HISTORY AND BACKGROUND WITHIN THE DEVELOPMENT OPERATIONS AND INVESTMENTS THAT WE MAKE, I THINK, JIM, YOU HIT ON A VERY IMPORTANT NOTE, WHICH IS THE SURROUNDING USES AROUND THIS PROPERTY.

THERE'S A FACT THAT, AS IT WAS WITH A FRANCHISE REP AT MARRIOTT WHO MENTIONED, GIVEN THE LOYALTY PROGRAM THAT'S OUT THERE.

75% OF THE REVENUE OF THE RETAILER USERS AROUND THERE, AS YOU KNOW, RETAIL HAS CHANGED A LOT TO SERVICE-ORIENTED USERS, COMES FROM THE HOTEL GENERATION.

AND SO YOU THINK ABOUT IT, FRIDAY AND SATURDAY NIGHT, NO DOUBT, YOU'VE GOT A LOT OF RESIDENTS IN FLOWER MOUND THAT ARE COMING OUT, ENJOYING ALL THE AMENITIES AND THE RESTAURANTS AND RETAILERS THAT ARE OUT HERE.

BUT THE SHOULDER NIGHTS, WHICH IS WHERE WE'RE ACTUALLY, AS A HOTEL THAT WE'RE LOOKING TO BRING AND THE CLIENTELE THAT WE'RE TRYING TO BRING, HAS A SIGNIFICANT AMOUNT OF DISCRETIONARY INCOME.

THEY'RE LOOKING TO GO OUT AND HAVE THE ABILITY TO WALK TO THE RESTAURANTS, TO WALK TO THE RETAIL USERS AND HAVE THOSE AMENITIES.

SO IT REALLY DOES BECOME A WIN-WIN THAT I THINK MANY TOWNS AND MANY MUNICIPALITIES ARE STARTING TO REALIZE.

AND I THINK A LOT OF THAT'S BECAUSE REAL ESTATE HAS ALSO CHANGED OVER THE LAST 10 YEARS, ESPECIALLY IN THE LAST FIVE YEARS.

AS YOU LOOK AT RETAILERS, THEY'RE MUCH MORE SERVICE ORIENTED.

AND SO THE TYPE OF PRODUCT THAT WE'RE BRINGING IS TRULY AN UPSCALE ASSET.

IT TRULY HAS CLIENTELE.

THAT COMES INTO MUNICIPALITIES LIKE THIS, TOWNS LIKE THIS, DEVELOPMENTS LIKE THIS, AND IS LOOKING TO HAVE DISCRETIONARY INCOME OUT TO THOSE USERS.

SO I THINK I'M GLAD YOU MENTIONED THAT POINT, AND I WANTED TO START BY MENTIONING THAT PIECE OF THE EQUATION TO WHAT WE FIND TRULY NOT JUST SUCCESSFUL FOR OUR OWN DEVELOPMENT, BUT WE LOOK AT THE OVERALL MIXED-USE DEVELOPMENT.

SO AS I MENTIONED, SUPERHOST HOSPITALITY, WE'RE TRULY NOT JUST AN OPERATIONAL COMPANY.

WE LOOK AT OURSELVES AS A HOTELIER.

WHAT IS A HOTELIER? IT'S SOMEONE WHO INVESTS.

INTO HOTELS, IT'S SOMEONE WHO OPERATES HOTELS, AND SOMEONE WHO DEVELOPS HOTELS.

UNDERSTANDING THAT FULL GAMUT TRULY MAKES US A VERY SUCCESSFUL COMPANY AS WE ARE TODAY, BUT AT THE END OF THE DAY IT ALL COMES DOWN TO OUR GUESTS, OUR CLIENTS THAT ARE COMING INTO THE PROPERTY.

ASH LAKHANI IS HERE WITH US, HE'S OUR CEO AND FOUNDER, AS I MENTIONED I'M THE PRESIDENT OF SUPERHOST.

WE'VE GOTTEN MANY AWARDS THROUGH THE DIFFERENT BRANDS THAT ARE OUT THERE.

WE WORK MAINLY WITH HILTON AND MARRIOTT.

AND TO THAT POINT, WE'VE DEVELOPED IHG PRODUCTS, WE'VE DEVELOPED HIGH PRODUCTS, WE'VE DEVELOPED BOUTIQUE HOTELS.

AND EVERY MARKET THAT WE GO INTO, AS JIMMY HAD MENTIONED, WE TRY TO MAKE SURE WE GO IN FOR NOT ONLY THE HIGHEST AND BEST USE, BUT THE HIGHEST AND BEST PRODUCT.

AND WHAT DO I MEAN BY THAT? THE BEST PRODUCT HAS TO BE WHAT DEVELOPS AND IS TRULY A SUCCESSFUL PRODUCT, NOT JUST WHAT LOOKS

[01:30:01]

TO BE A BEAUTIFUL BUILDING.

AND UNFORTUNATELY, I'VE SEEN MANY BEAUTIFUL BUILDINGS IN THE HOTEL BUSINESS THAT SIT THERE FASHIONABLY EMPTY AND EVENTUALLY TURN INTO SOMETHING ELSE.

THIS IS A TYPE OF PRODUCT I CAN CONFIDENTLY TELL YOU TODAY THAT WILL NOT BE THE CASE.

WE SIGNED A 20-YEAR FRANCHISE AGREEMENT WITH MARRIOTT.

WE HAVE TO MAINTAIN THOSE STANDARDS FOR 20 YEARS, AND WE HAVE TO MAKE SURE EVERY FEW YEARS WE'RE CONTINUING TO INVEST BACK INTO THAT PROPERTY IN WHICH OUR COMPANY DOES A VERY GOOD JOB.

AS YOU CAN SEE, WE'VE GOT MANY ACCOLADES FOR THE TYPE OF PRODUCT THAT WE NOT ONLY BUILD, BUT AS WE OPERATE AND THE TYPE OF GUESTS THAT WE HOPEFULLY HAVE RETURNING TO OUR PROPERTIES FOR MANY YEARS.

OUR CORE VALUES AND MISSION, AS YOU CAN SEE, WE TRULY TRY TO MAKE SURE THAT WE'RE PROVING EXCELLENCE TO NOT ONLY OUR CLIENTELE, BUT OUR PARTNERSHIPS.

AND NOT ONLY ON THE DEVELOPMENT SIDE, BUT TRULY ON THE END ASSET ON A DAY-TO-DAY BASIS.

OUR VISION IS TRULY TO BECOME A WORLD LEADER IN THE HOSPITALITY INDUSTRY.

WE CONTINUE TO HAVE ASSETS IN MARKETS WHERE NOT ONLY OUR GROWTH IS GOING TO BE WITHIN THE DEVELOPMENT SIDE, BUT DEVELOPING OUR TEAM AND THE CORE PRINCIPLES THAT WE INCORPORATE INTO OUR COMPANY.

SO WE'RE VERY MUCH PEOPLE-FOCUSED WITH PERFORMANCE-DRIVEN IS OUR MAIN MOTTO, WHICH TRULY FOCUSES AROUND NOT ONLY OUR PEOPLE THAT WORK FOR US, BUT...

THOSE GUESTS THAT ARE COMING IN TO OUR PROPERTIES.

THIS SLIDE OVER HERE TALKS A LITTLE BIT ABOUT THE MULTIPLE LOCATIONS THAT WE HAVE IN MULTIPLE DIFFERENT STATES, HOTELS THAT WE HAVE UNDER DEVELOPMENT, AS WELL AS DFW IS A VERY LARGE AREA OF FOCUS FOR OUR ORGANIZATION.

THIS GIVES YOU A LITTLE BIT OF AN ILLUSTRATION.

WHEN WE FIRST STARTED, OUR ORGANIZATION WAS BACK IN 1981.

I USED TO SAY 30 YEARS AGO, AND NOW IT'S EVEN GETTING FURTHER THAN THAT.

NOW IT'S OVER 40 YEARS AGO, WHICH IS GREAT HISTORY, AND IT TRULY IS A BLESSING TO BE ABLE TO NOT ONLY HAVE THIS TYPE OF GROWTH OUT THERE, BUT OUR STRATEGIC GROWTH, WHICH IS US LOOKING AT HOW DO WE MAKE SURE THAT WE'RE NOT JUST PART OF A MIXED-USE DEVELOPMENT, BUT TRULY PART OF A COMMUNITY, TRULY PART OF THE TOWN.

HOW DO WE MAKE SURE THAT WE TRULY FEEL PART OF A LARGER NUCLEUS OF THE CITY ITSELF? WE'VE DONE MANY DIFFERENT TYPES OF DEVELOPMENTS, LUXURY ASSETS, HIGH-END PRODUCTS, TO ASSETS THAT WE BELIEVE IN CERTAIN MUNICIPALITIES HAVE BROUGHT A LOT OF DEMAND INTO THE TOWN.

I THINK IT'S A VERY IMPORTANT POINT TO MENTION HERE.

SO WHEN WE COME INTO A MUNICIPALITY OR WE COME INTO A TOWN, OUR GOAL IS TO CREATE INDUCED DEMAND.

AS WE TALKED ABOUT, THIS SPECIFIC PRODUCT OUT IN THE RESIDENCE INN BEING ABLE TO ATTRACT.

MANY TYPE OF CLIENTELE THAT WILL BENEFIT THE REST OF THE COMMUNITY.

SUPERHOST MANAGEMENT, AS WE HAD MENTIONED, WE TRULY DO UNDERSTAND THAT THESE ASSETS NEED TO BE MANAGED ON A DAY-TO-DAY BASIS.

OUR STRATEGY ON THE SALES SIDE OF BRINGING IN THE RIGHT TYPE OF CLIENTELE, THE RIGHT PRICING STRATEGIES THAT WE CREATE TO MAKE SURE THAT NOT ONLY THE ASSET IS SUCCESSFUL, BUT WE'RE CREATING VALUE ALL AROUND FOR THE PRODUCT ITSELF.

WITH THAT SAID, I'M GOING TO TURN IT OVER TO BRANDON HARRIS WITH MARRIOTT, WHO'S GOING TO TALK A LITTLE BIT MORE ABOUT THE RESIDENCE INN PRODUCT ITSELF.

MY NAME IS BRANDON HARRIS, AS SAMIR MENTIONED.

HEY, EVERYBODY.

CITY COUNCIL MAYOR.

I THINK I'M SUPPOSED TO GIVE MY ADDRESS.

IT'S 3725 VITRUVIAN WAY, ADDISON, TEXAS.

AS I WAS SITTING HERE LISTENING TO THEM TALK, ONE THING I RECOGNIZED OVER ON THE BOARD, IT SAYS, ONE OF YOUR STRATEGIC GOALS, AND IT SEEMS THAT IT ENCOMPASSES EVERYTHING, IS A SUPERIOR QUALITY OF LIFE.

AND IF THAT'S TRUE, THAT'S SOMETHING I'VE RECOGNIZED.

THAT'S WHAT THE RESIDENCE INN BRAND DOES.

THE TRAVELERS THAT ARE STAYING AT RESIDENCE INN, THAT'S ALSO WHAT THEY'RE LOOKING FOR.

THEY WANT A GREAT HOTEL AND A GREAT LOCATION AND A GREAT TOWN.

WITH THAT BEING SAID, WE CAN GO INTO WHERE THE BRAND FIRST STARTED.

INITIALLY, RESIDENCE INN WAS ITS OWN BRAND.

IT WAS ALREADY HAVING SUCCESS.

IT WAS THRIVING.

AND ONE OF THE THINGS WE LEARNED AT MERIT IS YOU'VE GOT TO BUILD THE RIGHT PARTNERSHIPS.

SO WE ENDED UP ACQUIRING THAT BRAND WITH THE GOAL TO START EXPANDING IT.

WHERE WE STAND TODAY IS MORE THAN 1,200 HOTELS.

WORLDWIDE AND THIS IS ACTUALLY OUR MOST REQUESTED BRAND NOW THE ISSUE IS YOU NEVER JUST WANT TO HAVE GROWTH FOR THE SAKE OF GROWTH AND I THINK THAT'S WHAT I'VE HEARD FROM YOU GUYS TODAY YOU CAN DO A HOTEL, BUT YOU WANT TO GET THE RIGHT HOTEL AND EVEN THOUGH THIS IS OUR MOST REQUESTED BRAND WITHIN MARRIOTT FAMILY IT'S ALSO OUR MOST DENIED BRAND BECAUSE WE DON'T ALLOW EVERYBODY TO JUST BUILD THIS HOTEL YOU HAVE TO HAVE THE RIGHT PARTNER IN THE RIGHT LOCATION IN THE RIGHT TOWNS A LOT OF TIMES I'M TRAVELING ON THE FEW GUYS.

THEY'VE EVER HEARD OF ICSC BEFORE A NATIONAL RETAIL CONFERENCE.

I GO EVERY YEAR.

IT'S IN LAS VEGAS AND EVERY TOWN COMES TO ME AND SAYS, HEY, WE WANT A RESIDENCE IN.

AND I SIT AND I LISTEN TO THEIR PITCHES.

AND IT'S TYPICALLY THE TOWNS COMING TO US AND SAYING, HEY, IF YOU CAN GET US A RESIDENCE IN, WE KNOW OUR TOWN WILL CONTINUE TO GROW.

AND THAT'S THE OPPORTUNITY WE'RE GIVING YOU TODAY IS IT SEEMS AS THOUGH THESE DEVELOPERS REALLY WANT TO BRING THIS BRAND, AND TODAY WE JUST HAVE TO CONVINCE YOU ON WHY THIS BRAND JUST MAKES SENSE FOR THE CITY OF FLOWER MOUND.

WHEN YOU'RE THINKING ABOUT EXTENDED STAY, I THINK THERE'S KIND

[01:35:01]

OF A MISNOMER ON WHAT EXTENDED STAY HOTELS ARE.

SOMETIMES WHEN YOU THINK EXTENDED STAY HOTELS, YOU'RE THINKING PEOPLE ARE GOING TO BE STAYING FOR 30, 60 NIGHTS, AND SOMETIMES IN THE INDUSTRY WE CALL THEM THE UNDESIRABLE GUESTS.

YOU MAY NOT LIKE AND WANT THEM IN YOUR TOWN.

RESIDENCE INN, THE NATIONAL AVERAGE LENGTH OF STAY FOR RESIDENCE INN IS ONLY 2.7 NIGHTS.

YOU HEAR EXTENDED STAY AND YOU THINK BECAUSE IT HAS THE KITCHENS AND THE ROOMS, BUT IT'S ACTUALLY LESS THAN A THREE-NIGHT MINIMUM LENGTH OF STAY.

BUT AS THE MARKET HAS CHANGED, WHAT WE'VE RECOGNIZED IS THERE'S SOMETHING CALLED BLENDED TRAVEL OR BLEASURE, IF YOU WILL.

IT'S WHERE, LIKE MYSELF, I'M A FATHER.

I TRAVELED LAST YEAR 152 HOTEL NIGHTS LAST YEAR.

I'LL BE ON THE ROAD TRAVELING.

I HAVE TWO DAYS' BUSINESS, AND SOMETIMES I WANT TO BRING MY FAMILY OUT THERE BECAUSE IT'S A GREAT HOTEL.

I'M LIKE, HEY, YOU SHOULD COME AND STAY WITH ME AS WELL.

IT'S IN A GREAT MARKET.

I'D LIKE TO BRING YOU HERE.

THAT'S WHAT RESIDENCY ALSO ALLOWS YOU TO HAVE.

IT'S A LARGER ROOM TYPE THAN A TRADITIONAL HOTEL THAT ALSO JUST ADDS THE KITCHEN ELEMENT IN THERE BECAUSE SOMETIMES I JUST WANT TO HAVE A MEAL WITH MY FAMILY AND WE CAN STAY IN THE HOTEL SO WE CAN FEEL LIKE WE'RE ACTUALLY AT HOME EVEN THOUGH WE'RE ON THE ROAD.

I'M GOING TO SPEED UP HERE.

I'VE KIND OF ALREADY TOUCHED THESE POINTS.

WHEN YOU'RE LOOKING AT THE PIPELINE HERE YOU CAN SEE WHERE WE'RE GETTING THAT'S 1,254 OF THESE TOTAL WORLDWIDE AND THE BRAND'S ACTUALLY EXPANDING ACROSS IN OTHER COUNTRIES BECAUSE THEY RECOGNIZE WE'VE TAPPED INTO A NICHE IN A MARKET THAT TRADITIONALLY JUST WASN'T THERE.

YOU GUYS HAVE HEARD OF THE COURTYARD HOTEL BEFORE.

THAT'S A GREAT HOTEL FOR THE WHITE-COLLAR BUSINESS TRAVELER.

HE HAS AN EXPENSE ACCOUNT.

HE'S GOING TO GO SIT AT THE BAR.

BUT WHEN YOU'RE THINKING FOR A FAMILY, THEY WANT THEIR FREE BREAKFAST OPPORTUNITY.

THEY WANT THE LARGER SPACE, AND COURTYARD JUST DOESN'T PROVIDE THAT, BUT A RESIDENCE INN DOES.

AND TO SAMIR'S POINT, THE TRAVELERS HERE IN THIS SPACE HAVE DISCRETIONARY INCOME, AND THEY'RE LOOKING TO GO OUT AND SPEND THAT MONEY IN YOUR LOCAL TOWNS AND THE RESTAURANTS.

WHEN WE'RE THINKING ABOUT THE BRAND POSITIONING, RESIDENCE INN IS AN UPSCALE BRAND, ALTHOUGH IT IS EXTENDED STAY.

AND I DON'T WANT THAT TO BE A NEGATIVE THING.

AGAIN, IT JUST ALLOWS A TRAVELER, IF THEY WANT TO EXTEND THEIR STAY WHILE THEY'RE ON THE ROAD, THEY COME FOR BUSINESS TRAVEL, LIKE MYSELF.

I TYPICALLY FLY IN SOMEWHERE TUESDAY, AND I'M CHECKING OUT THURSDAY.

BUT SOMETIMES, LIKE, YOU KNOW WHAT? I JUST FEEL LIKE STAYING IN THIS TOWN OVER THE WEEKEND.

I REALLY ENJOYED MY STAY AND HAVE THE ABILITY TO JUST EXTEND THAT OVER THE WEEKEND.

WHEN YOU'RE THINKING ABOUT THE TARGET GUEST HERE, I FALL INTO THIS AS A MARRIED EMPLOYEE, THE MAXIMIZER.

I'M TRYING TO MAXIMIZE MY STAY ALL THE TIME.

THE THING FOR ME, BECAUSE I'M ALWAYS ON THE ROAD, I DON'T LIKE TAKING VACATIONS ANYMORE BECAUSE IT FEELS TOO MUCH LIKE WORK.

SO I TRY TO BLEND MY VACATION TIME INTO MY BUSINESS TRAVEL.

AND I THINK THAT'S WHAT THEY'RE TRYING TO ACHIEVE HERE IN FLOWER MOUND IS TO HAVE THESE BUSINESS TRAVELERS THAT ARE COMING IN TO EXTEND THEIR TIME HERE AND PATRONIZE YOUR LOCAL BUSINESSES, THE COFFEE SHOPS, AND THE RESTAURANTS THAT ARE HERE IN THIS DEVELOPMENT.

THE GUEST EXPERIENCE, THIS IS JUST SOME VIEWS OF THE ROOMS. THE GUESTS DO HAVE THE OPPORTUNITY TO PREPARE THEIR OWN MEALS IN THE ROOMS. AGAIN, GUYS, I'M ALWAYS ON THE ROAD TRAVELING.

I EAT OUT ALL THE TIME.

SOMETIMES I ACTUALLY JUST WANT TO PREPARE MY OWN MEAL IN THE ROOM, AND BECAUSE OF THE LARGER REFRIGERATORS AND THE PLATES AND EYES AND FORKS THAT IT PROVIDES IN THERE, I CAN ACTUALLY JUST HAVE A MEAL AND FEEL LIKE I'M AT HOME IF I NEED TO CATCH UP ON SOME WORK.

YOU MENTIONED THE BAR.

I'M GOING TO LET THEM TALK MORE ABOUT THE ROOFTOP THING OR NOT, BUT RESIDENCE INN ALSO PROVIDES THE FREE BREAKFAST AS WELL AS THE BARS THAT WE IMPLEMENT INTO THOSE AS WELL BECAUSE SOMETIMES THE GUEST DOESN'T WANT TO GO OUT INITIALLY.

THEY HAVE A DRINK AT THE BAR, AND THEN THEY GO HEAD OUT IN TIME.

OUTDOOR SPACES, THEY ARE PROVIDING THE OUTDOOR SPACE WITH THE POOL, AS YOU SAW IN THE DEVELOPMENT EARLIER.

THEY JUST MOVED THE POOL FROM THE STREET INTO THE DEVELOPMENT ITSELF.

I WORK OUT ALL THE TIME.

THAT'S ONE OF THE THINGS I LOVE ABOUT SETTING UP THE RESIDENCE INN BRAND IS THE LARGER GYMS. SOMETIMES I HAVE A MEMBERSHIP WHERE I CAN TRAVEL AND GO TO THE GOLD'S GYM, THE LOCAL PLANET FITNESSES, BUT SOMETIMES I DON'T WANT TO DRIVE THAT EXTRA 10 TO 15 MINUTES.

I CAN JUST WORK OUT AT THE HOTEL ITSELF, AND IT MAKES MY LIFE MUCH MORE EFFICIENT, WHICH GOES BACK TO THE TARGET GUESTS FOR THIS BRAND IS THE MAXIMIZER.

DESIGN INSPIRATION JUST TO SHOW YOU SOME MORE OF HOW THESE ROOMS LOOK.

AGAIN, IT'S VERY UPSCALE.

HIGH-END FINISHES, HIGH-END TOUCHES.

ONE OF THE THINGS I WAS TALKING ABOUT IS OUR NATIONAL AVERAGE PROJECTION FOR WHAT A RESIDENCE IN SHOULD COST YOU IS TYPICALLY ABOUT A HUNDRED AND EIGHTY TO A HUNDRED NINETY THOUSAND DOLLARS PER KEY.

AND WHAT PER KEY MEANS IS PER ROOM, THAT'S WHAT THEY'RE GOING TO SPEND ABOUT A HUNDRED NINETY THOUSAND DOLLARS PER.

FOR THIS PROJECT, AND PLEASE CORRECT ME IF I'M WRONG, THEY'RE LOOKING AT SPENDING ABOUT TWO HUNDRED AND TWENTY TO TWO HUNDRED THIRTY THOUSAND DOLLARS PER KEY, WHICH FURTHER SPEAKS TO HIS THOUGHTS EARLIER TODAY WHEN HE SPOKE IS THAT THEY'RE TRYING TO MAKE THIS THE NICEST, IF NOT ONE OF THE NICEST, RESIDENCE ENDS THROUGHOUT THE COUNTRY IS WHAT THEY'RE LOOKING TO BRING TO YOUR TOWN.

THE POWER OF THE MARRIOTT SYSTEM, I'M NOT SURE IF ANYBODY IN THE TOWN IS A BONVOY MEMBER.

RAISE YOUR HAND IF YOU ARE.

I'M HOPING WE GOT AN A.

OKAY, SO NOW Y'ALL CAN ALL DO YOUR STAYCATIONS AS WELL WHEN YOU'RE HERE IN THE TOWN.

WE HAVE THE LARGEST MEMBER POOL IN THE COUNTRY.

WE'RE OVER NOW 275 MILLION MEMBERS WORLDWIDE.

AND THE THING THAT WE LOVE ABOUT THAT IS...

THE BONVOY TRAVELER ACTUALLY SPENDS MORE MONEY FOR THE HOTEL ITSELF AND MORE MONEY IN THOSE TOWNS, WHICH IS WHY TOWNS ARE ASKING US TO BRING THAT MARRIOTT HOTEL BECAUSE OF OUR LOYAL CUSTOMER BASE.

THIS HERE IS JUST GOING TO SHOW YOU SOME OF THE OTHER DEVELOPMENTS.

ONE OF THE THINGS WE'VE STARTED TO ALLOW IS FOR HOTELIERS TO GET MORE DESIGN AFFECTATIONS FOR THE CITIES THEMSELVES BECAUSE WE'VE RECOGNIZED IN THE PAST A RESIDENCE INN WAS A RESIDENCE INN.

WE TOLD YOU HOW TO BUILD IT, AND YOU BUILT IT THE WAY WE TOLD YOU TO BUILD IT.

AND WE'VE RECOGNIZED, WELL, WAIT A MINUTE, WHAT MAKES SENSE FOR THAT RESIDENCE INN IN BETHESDA, MARYLAND, WHERE OUR HEADQUARTERS IS.

[01:40:01]

IT'S NOT THE SAME THING YOU NEED IN DALLAS, TEXAS OR IN FLOWER MOUND, TEXAS.

WE'RE ALLOWING THE DEVELOPERS TO STILL HAVE THE ROOM ITSELF WILL BE A RESIDENCE IN, BUT THE AMENITIES AND THE WAY THAT THE HOTEL PRESENTS IS GOING TO MATCH THE LOCAL TOWN, AND THAT'S WHAT THEY'RE COMMITTED TO AS WELL.

SO I'M JUST GOING TO SHOW YOU HERE ON THESE SLIDES.

I'M GOING TO CLICK THROUGH HERE.

IT'S GOING TO SHOW YOU SOME OF THE OTHER HOTELS WE'VE DONE THROUGHOUT THE COUNTRY TO SHOW YOU HOW WE CAN UPSCALE THESE PROPERTIES.

AND I THINK AS YOU'RE LOOKING AT THESE, YOU UNDERSTAND THAT THIS IS NOT A RUN-OF-THE-MILL HOTEL.

THIS IS MORE OF AN UPSCALE FLAG.

THE GYMS WITH VIEWS.

AND WHEN YOU'RE THINKING ABOUT IT, YOU GUYS CAN SEE AT THE BOTTOM RIGHT OVER HERE, IT'S TELLING YOU SOME OF THE MARKETS IN WHICH THESE ARE AT.

SO YOU'RE THINKING ANAHEIM, THE BOZEMAN, THESE ARE HIGH-END MARKETS THAT ARE STILL ASKING US, PLEASE, IF YOU CAN, BRING US A RESIDENCE IN TO THE MARKET.

ONE OF THE BAR AREAS IN ANAHEIM, THE POOL AREA.

THIS IS IN ATLANTA.

AND SO I THINK AS YOU GUYS ARE SEEING THIS, SO THIS IS VAIL, COLORADO.

WHEN YOU'RE THINKING ABOUT, WELL, CAN A RESIDENCE INN MATCH THE TOWN AGAIN, THIS IS A GREAT EXAMPLE OF HOW WE CAN CUSTOMIZE THE LOOK FOR THE RESIDENCE INN TO MATCH WHERE THE HOTELS ARE GOING.

MARINO VALLEY, CALIFORNIA.

AND I THINK I HAVE LIKE 35 OF THESE.

IF I'M GOING TOO LONG, I'M BELABORING THE POINT.

PLEASE JUST TELL ME TO HIT MY CLICK A LITTLE BIT FASTER.

PALM BEACH, FLORIDA.

I THINK I'M COMING TO THE END HERE, NICK.

GLENDALE, CALIFORNIA.

AND AGAIN, FOR MYSELF, THIS IS JUST A PLACE THAT I WOULD LOVE TO COME AND STAY AS WELL.

EVEN THOUGH I'M LOCAL HERE, I THINK I'D LIKE TO COME DO SOME STAYCATIONS IN FLOWER MOUND AS WELL.

AND TO JIMMY, YEAH.

I'M GOING TO, LASTLY, I'M GOING TO ADDRESS PARKING.

SO AT THE PNZ MEETING, PARKING WAS A BIG ISSUE.

FRANKLY, WE WERE CAUGHT A LITTLE OFF GUARD.

I WASN'T EVEN AWARE THAT PARKING WAS GOING TO BE AN ISSUE.

SO AFTER THE MEETING, WE WENT OUT AND DID A LOT OF RESEARCH.

TRIED TO UNDERSTAND WHERE, AND A LOT OF THE CONCERN WAS COMING FROM THE LAKESIDE CROSSING TOWNHOME OWNERS WHO LIVE RIGHT DOWN THE STREET, AND IT WASN'T SO MUCH THAT WE DON'T THINK YOU'RE PROVIDING ENOUGH PARKING, IT WAS, BUT JIMMY, YOUR PARKING THAT'S THERE IS ALREADY BEING USED, SO THE PARKING YOU'RE SHOWING YOU'RE GOING TO HAVE, YOU DON'T REALLY HAVE.

SO THAT WAS, AND WE WERE TRYING TO UNDERSTAND WHERE THAT CONCERN WAS COMING FROM.

SO WE WENT OUT.

AGAIN, I TALK ABOUT LAKESIDE IS ON FRIDAY AND SATURDAY NIGHTS IS WHEN WE HAVE THE MOST TRAFFIC IN THE PROJECT.

PARTICULARLY FRIDAY NIGHTS, WE HAVE A MUSIC SERIES CONCERT GOING ON.

WE HAVE PEOPLE SITTING IN THE LAWN.

OUR RESTAURANTS KIND OF PEAK BETWEEN 630 AND 7 O'CLOCK.

SO, I MEAN, FLOURNOY IS AN EARLY DINING CROWD, BUT PEOPLE START SHOWING UP 530, 6 O'CLOCK.

SO ABOUT.

6.45, THE EARLY CROWD, YOU KNOW, THEY'RE HAVING A FINAL DRINK, FINISHING UP THEIR DESSERT, AND THE 6.45, 7 O'CLOCK CROWDS ARE SHOWING UP TO HAVE A DRINK, START SITTING DOWN.

SO ABOUT 6.45, YOU WANT TO KNOW WHEN WE'RE AT PEAK DEMAND ACROSS LAKESIDE.

THE APARTMENT PEOPLE ARE HOME, THE TOWN HOMEOWNERS ARE HOME, THE RESTAURANTS ARE BOOMING.

SO WE DID A LITTLE STUDY, A DRONE VIDEO.

THIS WAS A FRIDAY NIGHT RIGHT AFTER THE PNZ MEETING TO TRY AND ANALYZE DO WE REALLY HAVE A PARKING PROBLEM OUT HERE? AND WHAT'S GOING ON? AND I THINK WHAT YOU'RE GOING TO SEE HERE IS THERE'S MORE THAN ENOUGH PARKING SPACES IN LAKESIDE.

MAYBE WE NEED TO DO A LITTLE BETTER JOB MANAGING WHERE PEOPLE PARK.

BUT IT'S, YOU KNOW, YOUR WORST NIGHTMARE AS A DEVELOPER IS, WELL, YOU LOVE PARKING PROBLEMS, BUT IF YOU DON'T HAVE A PLACE TO PARK PEOPLE, THEN YOU'VE GOT A PROBLEM.

HERE YOU'RE GOING TO SEE WE HAVE PLACES TO PARK PEOPLE, WE JUST GOT TO FIGURE OUT THE MANAGEMENT OF IT.

WHETHER IT'S A VALET SYSTEM OR MAYBE SOME OTHER THINGS THAT WE'RE WORKING ON WITH THE STAFF TO GIVE US A LITTLE BIT MORE CONTROL OVER THE PUBLIC PARKING SPACES.

BUT I'M JUST GOING TO PLAY THIS.

SO THIS STARTS AT LAKESIDE INTERNATIONAL OFFICE CENTER.

YOU CAN SEE THIS IS A HUGE BACKUP PLAN.

IF WE EVER REALLY GET DESPERATE FOR PARKING, WE CAN VALET CARS DOWN TO THE OFFICE BUILDING AT NIGHT BECAUSE THEY OBVIOUSLY DON'T COMPETE WITH RESTAURANT PARKING.

YOU CAN SEE THE LAKESIDE CROSSING DEVELOPMENT HERE HAS A LOT

[01:45:01]

OF PARKING SPACES AVAILABLE.

SO WHEN WE HEARD THESE CONCERNS FROM THE TOWNHOME PEOPLE, THE TOWNHOME RESIDENTS, WE WENT AROUND AND STARTED ASKING, WHO'S PARKING IN OUR PARKING LOT OVER HERE? YOU'RE CAUSING US PROBLEMS. WE'RE TRYING TO BUILD A HOTEL HERE, AND EVERYBODY'S PARKING IN THIS PARKING LOT AND THINKS WE DON'T HAVE PARKING THERE, EVEN THOUGH...

WE KNEW ONCE WE BUILT THE HOTEL, IF WE NEED THE PARKING SPACES, WE'RE GOING TO FIGURE OUT IT'S A PRIVATE PARKING LOT.

WE'RE GOING TO RESERVE THE SPACES FOR THE HOTEL.

BUT WE COMMUNICATED WITH EVERYBODY, YOU CAN'T BE PARKING IN THAT PARKING LOT.

IT'S NOT YOUR PARKING LOT.

SO YOU CAN SEE THIS IS ON FRIDAY NIGHT AT 645.

IT'S NOT A CAR IN THE PARKING LOT BECAUSE WE IMPLEMENTED A COMMUNICATION SYSTEM THROUGHOUT THE PROJECT TO THE APARTMENT MANAGERS, TO THE RESTAURANTS, THAT YOU CAN'T HAVE YOUR EMPLOYEES, YOU CAN'T HAVE YOUR RESIDENTS.

FROM THE APARTMENT COMING OVER HERE AND PARKING IN OUR PARKING LOT AND IT CLEANED UP THE PROBLEM LIKE THAT WITHOUT EVEN A REAL ENFORCEMENT MECHANISM.

OOPS, SORRY.

YOU CAN ALSO SEE ON NORTHWOOD DRIVE THERE'S, WHAT ARE THEY, 18? 18 ANGLED SPACES THAT WERE PUT IN AS PART OF THE LAKESIDE CROSSING DEVELOPMENT AND THAT'S ALL PARKING THAT WAS PLANNED TO BE USED BY THE LAKESIDE CROSSING DEVELOPMENT THERE.

THAT'S THAT'S ALL THESE RIGHT HERE YOU CAN SEE THE 1845 PARKING LOT EVEN HAS EMPTY SPACES AGAIN, THIS IS ON A FRIDAY NIGHT AT 645.

I MEAN SEE LOS CAMINOS IS COMPLETELY PACKED WITH CARS OVER HERE I LIKE THAT SELLING POINT AND THEN THE MOVIE THEATER HERE.

YOU CAN SEE THERE'S A TREMENDOUS AMOUNT OF PARKING AVAILABLE IN THE MOVIE THEATER HERE, AND THEY EVEN HAVE PARKING BEHIND THE BUILDING THERE.

WAS THIS GOOD FRIDAY? I MEAN, I'M NOT SEEING A LOT OF COMMUTERS COMING HOME EITHER.

YEAH, BUT WE DON'T WANT THEM PARKING ALL THE WAY.

645, I THINK MOST OF THEM ARE MADE AT HOME BY THEN.

SO IT LOOKS LIKE BY THE TREES, JIMMY, THAT IT MIGHT BE IN THE SPACE.

SPRINGTIME, EARLY SPRINGTIME? YEAH, THIS WAS WITHIN A WEEK OR TWO AFTER THE P&Z MEETING, WHICH WAS...

OH, THIS WAS ACTUALLY THE FRIDAY AFTER VALENTINE'S.

THIS WAS FEBRUARY 21ST.

OH, SO FEBRUARY.

BECAUSE I THINK THERE MIGHT BE SOME SEASONAL ACTIVITIES THAT WOULD UP THE PARKING ON A FRIDAY NIGHT.

LIKE THE LAWN PERFORMANCES ARE VERY POPULAR.

AND SO I THINK THAT'S A HUGE DRAW THAT MIGHT SKEW IT A LITTLE BIT.

YEAH, THAT MEETING WAS FEBRUARY 9TH, SO THAT'S STILL WHEN IT WAS CLOSED.

COLD SO I'M GONNA BEFORE COUNCIL BEFORE WE MAKE COMMENTS TO JIMMY I'M GONNA GO AHEAD AND OPEN WE CAN'T I WAS GONNA WAIT I WAS GONNA WAIT AND JUST DO PUBLIC COMMENT PUBLIC THE PUBLIC OPEN HEARING FIRST AND THEN COME BACK TO IT MAYOR, WOULD YOU ACCEPT A POINT OF PRIVILEGE TO ALLOW US TO MAYBE GIVE SOME CLARITY TO THE PUBLIC ON WHAT WE WOULD LIKE THEM TO BE READY TO DISCUSS? YEAH.

SO, JIMMY, DON'T GO ANYWHERE.

IT'S POSSIBLE, JIMMY, JUST BASED ON THE FEEDBACK, THAT AN EXTENDED STAY IS NOT IN THE CARDS ON THIS.

IT'S NOT WHAT? IN THE CARDS.

NOT IN THE CARDS? NEW MICROPHONE SYSTEM.

LET ME, I'LL JUST PUT IT RIGHT ON MY MOUTH HERE.

OKAY, SO JIMMY, IT'S POSSIBLE THAT BASED ON THE PUBLIC FEEDBACK, WHICH HAS BEEN PRETTY OVERWHELMING, THAT AN EXTENDED STAY IS NOT GOING TO BE POSSIBLE.

SO THERE'S A LOT OF OTHER ELEMENTS TO THIS HOTEL AND IN DISCUSSING THIS WITH THE PUBLIC THERE'S A LOT OF CONSTERNATION ABOUT THE SIZE OF THE HOTEL, THE PARKING, THE QUALITY OF THE HOTEL, AND WHETHER OR NOT IT MEETS THAT ORIGINAL INTENT OF BEING A BOUTIQUE HOTEL.

SO AS WE MOVE FORWARD INTO DELIBERATION, I WOULD LIKE TO GET SOME FEEDBACK FROM YOU ON WHAT OPTIONS YOU HAVE AND I WOULD REALLY LIKE THE PUBLIC...

IN ADDITION TO, IF YOU DON'T MIND IMPROVISING A LITTLE BIT, BECAUSE I KNOW YOU'RE PROBABLY PREPARED TO COME UP HERE AND TALK ABOUT THE EXTENDED STAY.

I STRONGLY FEEL THAT THAT'S NOT LIKELY TO BE APPROVED TONIGHT, BUT I WOULD LIKE FOR YOU, IF YOU CAN PROVIDE CLARITY TO THE APPLICANT ON WHAT ELEMENTS OF THIS THAT YOU'VE SEEN, SETTING THAT ASIDE, THAT YOU DO LIKE OR DO NOT LIKE, SO THAT AS WE MOVE FORWARD, WE CAN TRY TO GET A VISION THAT WORKS FOR EVERYBODY.

SO IF YOU DON'T MIND BRINGING SOME OF THAT ADDITIONAL PERSPECTIVE FORWARD, IT WOULD REALLY HELP.

ME WHEN WE GET INTO DELIBERATION.

YEAH, SO WE, BECAUSE WE HAD SO MUCH FEEDBACK FROM RESIDENTS, I MOVED THIS ITEM EARLIER TONIGHT BECAUSE I

[01:50:02]

REALLY, TRULY WANT OUR RESIDENTS TO BE PART OF THIS DECISION-MAKING PROCESS.

I DIDN'T WANT TO PUSH YOU ALL TO THE END OF THE NIGHT AND MAKE YOU WAIT ALL NIGHT FOR EVERYTHING ELSE.

YOU'RE GOING TO BE TIRED.

AND WE REALLY WANT TO HEAR YOUR FEEDBACK.

WE WANT PEOPLE TO STAY.

AND WHETHER YOU SUPPORT IT OR NOT, WE WANT TO HEAR ALL SIDES OF THE COIN.

SO LET'S GO AHEAD AND LISTEN TO THE RESIDENTS, GET SOME FEEDBACK.

I AM GOING TO GO AHEAD AND OPEN THIS PUBLIC MEETING.

AND I'M GOING TO GIVE SPEAKERS TWO MINUTES TO SPEAK TONIGHT INSTEAD OF THREE.

UH-OH.

DID I MESS UP ANYBODY'S SPEECHES? TWO MINUTES.

I THINK THAT'S A SUFFICIENT AMOUNT OF TIME TO GET YOUR POINT ACROSS.

WE DON'T HAVE A WHOLE LOT, BUT WE CAN GET THE GENERAL IDEA IN TWO MINUTES.

SO I HAVE SEVERAL THAT ARE IN OPPOSITION AND SEVERAL THAT ARE IN SUPPORT, AND I'M STAGGERING THESE SO WE DON'T HAVE THEM, YOU KNOW, JUST FAIR.

WHAT'S OH YEAH I DO NEED TO ANNOUNCE THE TIME THAT WE STARTED 751 752 UM WE'RE OPENING THIS OKAY SO STEPHEN WOOD.

MAYOR DO YOU MIND GIVE ME JUST A MOMENT SO I CAN RESET THE TIMER TO TWO MINUTES? SURE.

I'LL GET MY NAME OUT OF THE WAY SO IT DOESN'T COUNT TOWARD MY TIME.

THERE YOU GO.

MY NAME IS STEPHEN WOOD I RESIDE AT 3032 MONET COURT.

FLOWER MOUND.

HOLD ON JUST A MINUTE.

I HAD THIS TIMED FOR THREE MINUTES.

OKAY, YOU CAN GO.

I GOT TO GO FAST.

YOU MAY REMEMBER ME FROM SUCH FILMS AS SUNSET CREEK FLUVIAL EROSION OR THE 2025 FLOODING OF CROSS TIMBERS.

THAT'S NOT WHY I'M HERE.

I CAME TONIGHT TO TALK ABOUT THE CONSTRUCTION OF A FIVE-STORY RESIDENCE INN CLOSE TO THE CORNER OF 2499 AND LAKESIDE PARKWAY.

YESTERDAY WAS MY WEDDING ANNIVERSARY AND WE CHOSE TO DINE AT PERRY'S STEAKHOUSE IN GRAPEVINE.

WHY? I UNDERSTAND IT.

THE MICROZONES OF THE AREA AT LAKESIDE DICTATE THAT A YEAH.

BOARDWALK EXPANSION, AMPHITHEATER, AND RESTAURANTS ARE TO BE CONSTRUCTED PRIOR TO ANY OTHER CONSTRUCTION AND EXPANSION.

THAT WORK, WHICH IS ROUGHLY EIGHT YEARS IN THE MAKING, COULD HAVE PROVIDED A BETTER CHOICE FOR AN UPSCALE RESTAURANT SUITABLE FOR AN INTIMATE ANNIVERSARY DINNER.

NOW, REALTY CAPITAL IS REQUESTING A DISTINCT SEPARATE EXPANSION WITHOUT THE BENEFIT TO FLOWER MOUND THAT THOSE...

AS-YET-TO-BE-CONSTRUCTED FACILITIES COULD PROVIDE.

I WOULD HAVE LOVED TO INVEST IN A LOCAL UPSCALE RESTAURANT THAT THOSE OPTIONS AREN'T THERE.

FLOWER MOUND HAS TWO THREE-STAR HOTELS COMPARABLE TO A RESIDENCE INN'S PRICING RANGE IN THE FINANCIALLY TROUBLED RIVERWALK AREA ALREADY.

CONSTRUCTION OF A COMPETING HOTEL CLOSER TO THE DFW AIRPORT WOULD CERTAINLY NAVIGATE...

NEGATIVELY IMPACT THOSE RIVERWALK HOTELS.

IF OUR RIVERWALK IS EVER TO GAIN FINANCIAL STABILITY, IT NEEDS ALL THE HELP IT CAN GET.

HOW ABOUT A FIVE-STORY UPSCALE BOUTIQUE HOTEL WITH A ROOFTOP BAR RESTAURANT WITH A VIEW OF LAKE GRAPEVINE, THE PRICE POINT OF WHICH WOULD NOT COMPETE WITH RIVERWALK HOTELS? PLEASE DENY THIS REQUEST AND WORK WITH JIMMY TO GET US WHAT WE REALLY WANT.

RENEGOTIATE.

SANDEEP SHARMA, 2504 STILLWATER COURT.

SANDEEP SHARMA.

GOOD EVENING, EVERYONE.

I'M GOING TO SPEAK A LITTLE QUICKER.

I WASN'T PLANNING ON ACTUALLY SPEAKING, THEN HALFWAY THROUGH THE PRESENTATION I SAID, I GOTTA SPEAK, AND I THINK THE PRESENTATION MIGHT HAVE MADE YOUR JOB EASIER TODAY, AS ADAM POINTED OUT.

BUT ANYWAY, SO A FEW THINGS.

PARKING.

I THINK PARKING IS DEFINITELY A BIG ISSUE.

PERSONALLY, WHEN I GO OUT ON WEEKENDS, I DRIVE AROUND, AND THE NEATEST PARKING SPOT I FIND IS MY DRIVEWAY.

IT'S HAPPENED BEFORE, SO I DON'T DRIVE THERE ANYMORE.

SO I THINK THE APP ENGINE HAS EXCELLENT EXPERIENCE IN BUILDING AND MANAGING THE PORTFOLIO

[01:55:02]

OF HOTELS THEY SHOWED.

THAT'S WONDERFUL.

HOWEVER, THOSE ARE NOT THE KIND OF HOTELS WE'RE LOOKING FOR.

MOST OF THEM WERE EXTENDED STAYS, TWO-AND-A-HALF TO THREE-STAR TYPE OF HOTELS, AND THAT'S NONE OF THE RESIDENTS, I THINK, WANTED, OR AT LEAST THE MAJORITY OF THE RESIDENTS DON'T WANT IT.

THE OTHER THING IS IN THE PRESENTATION THERE WAS...

THERE WAS REALLY BIG EMPHASIS ON EXTENDED STAY.

SO I THINK THE INTENT STILL IS THAT.

SO I DON'T THINK THEY HAVE A GREAT EXPERIENCE IN MANAGING WHAT THEY MANAGE, BUT I DIDN'T SEE ANY EXPERIENCE IN MANAGING UPSCALE TYPE OF HOTELS.

SO EVEN IF SOMEBODY SAYS, I CAN DO IT, RIGHT? IN AN INTERVIEW, SOMEONE COMES IN AND SAYS, YOU'RE HIRING SOMEBODY.

YOU SAY, YEAH, I CAN DO IT.

YOU KNOW, BUT YOU'VE NEVER DONE IT, AND IT'S GOING TO TAKE YOU 10 YEARS TO KIND OF LEARN AT OUR EXPENSE.

SO I DON'T THINK THAT WOULD BE SOMETHING THAT YOU MAY HAVE AN APPETITE FOR.

SO I REQUEST YOU TO KIND OF DENY WHAT I'M HEARING TODAY.

MAYOR, COUNCIL, CLAYTON FLURRY, 2005 FOXBOROUGH TRAIL.

CLAYTON FLURRY.

I LIVE A QUARTER MILE FROM WHERE THIS THING'S PROPOSED AND I OWN TWO BUSINESSES IN TOWN AND ONE'S A BLOCK AWAY.

I WATCHED IT ON THE AERIAL PHOTO.

PARKING'S NOT A PROBLEM.

THE PEOPLE THAT LIVE THERE, PARKING KIND OF ARE THE PROBLEM.

THEY'RE NOT PARKING IN THE RIGHT SPOTS.

THE BOUTIQUE HOTEL.

I WOULD LOVE A BOUTIQUE HOTEL.

THAT'S WHAT, YOU KNOW, WHO DOESN'T WANT ONE OF THOSE? BUT WE JUST SAW THREE OR FOUR OF THOSE HAVE NEVER COME.

YOU KNOW, I FEEL LIKE, AND IT'S REALLY SAD, COUNCILMAN SHEESTAL, YOU KNOW, THE MINE'S ALREADY MADE UP.

WE'VE GOTTEN 120 SOME ODD PEOPLE.

I DON'T KNOW WHERE THE CAMERA IS, BUT I INVITE YOU 120 SOME ODD PEOPLE TO COME VISIT LAKESIDE MONDAY THROUGH THURSDAY.

COME SPEND YOUR MONEY DOWN THERE.

YOU KNOW, WE HEAR THAT THE BUSINESS IS GOOD ON FRIDAY AND SATURDAY.

WHAT'S JUST HAPPENED THE PAST FOUR WEEKS? IT'S RAINED ON THOSE WEEKENDS.

THEY DON'T COUNT.

RENT'S DUE.

EMPLOYEES HAVE GOT TO GET PAID.

WE NEED LAKESIDE TO BE FINISHED.

WE NEED MORE RESIDENTS IN LAKESIDE.

AND I THINK IT'S PRETTY IRONIC THAT THIS IS A RESIDENCE HOTEL.

REPEAT VISITORS.

YOU KNOW, I JUST, AND I WILL STEP BACK 30,000 FEET.

I SEE NOW, YOU KNOW.

I HAVE TO LOOK AT THIS BIG PICTURE, AND I'M NOT DYING ON THIS HILL, BY THE WAY.

WE NEED PEOPLE DOWN THERE.

LAKESIDE NEEDS TO WORK, AND IT'S ONLY GOING TO WORK IF THERE'S PEOPLE THERE.

IT'S MY UNDERSTANDING JIMMY, THE DEVELOPER, AND A FEW OTHER PARTIES THAT ARE FOR THIS PROGRAM HAVE A VESTED INTEREST IN PROPERTIES DOWN IN LAKESIDE.

I WOULD THINK IT'S EITHER INSANITY...

OR IT'S SMARTS THAT THEY WOULD WANT TO PUT THIS PRODUCT IN THERE.

IS IT REALLY THAT BAD? AND I JUST FEEL LIKE THIS LONG-TERM STAY IS KIND OF IN THAT SAME CATEGORY AS APARTMENTS.

AND I REALLY THINK THAT'S THE CRUX OF IT.

BUT FROM A BUSINESS STANDPOINT, WE NEED THIS HOTEL TO HAPPEN.

I'M CORINA VAN LIET, RESIDING 3400 CAMDEN DRIVE IN FLOWER MOUND.

KARINA VAN LINT.

GOOD EVENING, COUNCIL.

I LOVE HOTELS, BUT THE PLANNING OF THE HOTEL, WHERE IT WOULD BE, IS A PROBLEM TO ME.

I'M NOT AGAINST MARRIOTT AND YOUR PRESENTATION.

YOU DID FABULOUS.

YOU'RE SELLING US THAT.

BUT I THINK FOR THE MOMENT, I CANNOT SEE, AS AN OLD-TIMER RESIDENT HERE, A RESIDENT IN HOTEL ON THAT LOT.

FIND ME A BEAUTIFUL BOUTIQUE HOTEL, LES FLEURS DES CHAMPS, SOMETHING THAT GOES WITH FLOWER MOUND, THEN I WOULD BE REALLY HAPPY.

BUT PLEASE, WE ARE IN FLOWER MOUND.

MAKE US SOMETHING THAT GOES WITH MORE TREES, MORE FLOWERS, AND THAT IS A BOUTIQUE.

YES, THAT WOULD GO ON TOP.

AND WATCH THE LAKE THAT WOULD BE VERY NICE BUT I DON'T SEE REALLY I DON'T SEE A RESIDENCE IN HOTEL IN FLOWER I'M SORRY GOOD EVENING THANK YOU THANK YOU UM FORGIVE ME I DON'T PRONOUNCE THIS RIGHT PATESH SHANGHNESSY SHANGHNESSY SHAUGHNESSY? SHAUGHNESSY? PATRICK? OKAY, IT'S PATRICK.

SHAUGHNESSY, OKAY.

I LOVE THAT.

I CAN'T READ THAT.

WELL, I'M A NEW RESIDENT OF FLOWER MOUND, LAKESIDE VILLAGE.

MOVED HERE SIX MONTHS AGO.

ORIGINALLY, I MOVED HERE FROM

[02:00:01]

LOS ANGELES IN 1980.

THE DISNEY FAMILY MOVED ME HERE TO RUN ONE OF THEIR COMPANIES.

AND SO I DID.

AND WHERE HAVE I LIVED? WELL, I'VE LIVED IN IRVING, LAS COLINAS.

I'VE LIVED IN COPPELL.

I'VE LIVED IN ISLAND PARK.

I'VE LIVED IN SOUTHLAKE.

AND AT MY DAUGHTER'S INSISTENCE, I MOVED TO FLOWER MOUND OR LAKESIDE VILLAGE BECAUSE THE HOUSE SOLD IN SOUTHLAKE IN A DAY AND I HAD TO MOVE.

WELL, SHE SAID, DAD, YOU'RE GOING TO MOVE TO LAKESIDE VILLAGE.

I SAID, DOLL, WHAT ARE YOU TALKING ABOUT? AND SHE SAID, I'LL FIND YOU A TEMPORARY PLACE BECAUSE I WANT YOU TO LIVE IN LAKESIDE VILLAGE.

WELL, SHE DID FIND ME A PLACE AND I LIVED THERE SIX MONTHS AND IT'S THE BEST MOVE I'VE MADE SINCE 1980 AND I KID YOU NOT.

NOW, I DID RAISE SEVEN KIDS ACROSS THE METROPLEX IN VARIOUS HOMES AND STUFF, BUT LAKESIDE VILLAGE IS MY CUP OF TEA.

110%.

NOT ONLY IS IT MINE, IT'S MY DAUGHTER'S WHO'S 59, AND MY GRANDSON AND HIS WIFE WHO ARE BOTH ENGINEERS AT LOCKHEED.

THEY FEEL THE SAME WAY.

WE HAVE THREE GENERATIONS OF US HERE, AND I WANT TO COMMEND ALL OF YOU WHO ARE RESPONSIBLE FOR THE DEVELOPMENT.

HERE'S WHAT I HAVE IN MY HAND.

I HAVE PETITIONS.

I WENT AROUND FOR THE LAST 30 DAYS.

AND GOT SIGNED PETITIONS FROM BUSINESSES AND RESIDENTS.

I HAVE A TOTAL OF 112.

THEY WERE 100% FOR IT.

I DON'T KNOW WHERE SOME OF THIS OPPOSITION IS COMING FROM.

I WILL TELL YOU THAT ONE OF THE GUYS THAT SIGNED THIS CALLED ME AND SAID, YOU WILL NOT BELIEVE WHAT THEY'RE TELLING YOU, WHAT THEY'RE TELLING ME.

THEY CAME OVER AND THEY SAID, WOULD YOU BELIEVE THIS? THEY'RE GOING TO HAVE A HOTEL THERE WHERE THEY'RE GOING TO PUT THE WORKERS IN THERE AND THEY'RE GOING TO CHARGE $190 A WEEK.

PATRICK, I APPRECIATE YOUR PASSION, BUT YOUR TIME IS UP, SIR.

ANYWAY, I HAVE THE PETITIONS.

I'M HAPPY TO GIVE THEM TO YOU.

YOU CAN GIVE THAT TO THE TOWN SECRETARY.

CORPORATE AND RESIDENTS.

WE HAVE SCOTT LANGLEY.

PATRICK, YOU CAN GIVE THAT TO THE TOWN SECRETARY.

WE CAN TAKE A LOOK IF ANYBODY WANTS TO.

YOU WANT TO SEE IT? JEAN-PIERRE, YOU WANT TO GRAB THAT? YOU CAN GRAB IT.

ALL RIGHT, YOU CAN GO AHEAD, SCOTT.

SCOTT LANGLEY, FLOWER MOUND.

YOU GUYS, I DON'T ENVY YOUR POSITION RIGHT NOW.

I MEAN, YOU GOT LIKE A REALLY BIG DECISION TO MAKE.

OH, CAN YOU START THE TIMER? GOT A REALLY BIG DECISION TO MAKE.

AND I MEAN, THERE'S BEEN POINTS MADE ABOUT THE ENTRY TO THE TOWN.

WANTING AMENITIES FOR THE RESIDENTS.

I MEAN IT'S KIND OF FUNNY THAT IT'S RESIDENTS IN BUT IT REALLY DOESN'T HAVE A AMENITIES FOR THE RESIDENTS.

SO YOU KNOW WE WANT PEOPLE COMING AND STAYING HERE AND WE WANT THEM SPENDING MONEY AT LAKESIDE OR ELSEWHERE IN FLOWER MOUND NOT YOU KNOW NOT JUST ONE PARTICULAR AREA.

SO IT BRINGS A BIG PROMISE TO US BUT I THINK WHAT I'VE HEARD TALKING TO A A LOT OF PEOPLE IS THEY WANT SOMETHING THAT.

YOU KNOW, IS REALLY SPECIAL AND FLOWER MOUND'S A SPECIAL PLACE TO LIVE.

AND I THINK WITH SOMETHING AT THAT POINT IN TOWN, WE CAN REALLY DO SOMETHING WONDERFUL HERE INSTEAD OF SOMETHING THAT'S KIND OF MEDIOCRE.

SO, YOU KNOW, THE, THE BOUTIQUE, THE SHOPPING, YOU KNOW, ME, I'M ALWAYS WEARING LIKE DESIGNER CLOTHES AND, AND JEWELRY.

AND I'VE LOVED MY WIFE TO DRAG ME IN THE STORES AND SPEND MONEY ON THOSE KIND OF THINGS AND ROOFTOP DINING AND RESTAURANTS AND MAYBE LIKE A KARAOKE BAR ON THE SIDE AND ALL THAT STUFF.

I THINK THAT THOSE KIND OF THINGS WOULD BE WONDERFUL AND I THINK THAT'S WHAT THE RESIDENTS...

I WANT SOMETHING THAT COMPETES.

FOR MY ENTERTAINMENT DOLLAR DOWN AT LAKESIDE INSTEAD OF SOMETHING THAT DOESN'T COMPETE AGAINST THE OTHER BUSINESSES.

AND SO, YOU KNOW, IT DOESN'T DRAW ME IN.

THERE'S NO THERE THERE FOR ME AT A RESIDENCE IN, OR AT LEAST WHAT I'M SEEING IN ITS CURRENT FORM.

SO I KNOW THERE'S A LOT OF OPPOSITION.

I KNOW HOW IMPORTANT EMAILS ARE TO ANN AFTER THE CHARCOAL.

DEVELOPMENT THAT WE HAD SEVERAL WEEKS AGO, AND I KNOW SHE'S GOING TO BE COUNTING UP THOSE EMAILS AND USING THAT TO MAKE HER DECISION, AND I'M SURE SHE'S GOING TO HAVE A FIRM REBUTTAL TO ME LATER.

AND SO THAT'S ALL I'VE GOT TO SAY, AND THANK YOU FOR YOUR TIME.

[02:05:01]

THANK YOU, SCOTT.

WE HAVE ROXANNE TAYLOR.

HI, MY NAME IS ROXANNE TAYLOR AND I OWN ANGLE INVOKERS.

WE ARE LOCATED IN LAKESIDE VILLAGE, RIGHT ON LAKESIDE PARKWAY.

AND WHEN I HEARD ABOUT THE HOTEL COMING IN, I WAS THRILLED.

AND THEN I HEARD PEOPLE THAT WERE OPPOSING IT AND IT KIND OF UPSET ME BECAUSE A PREVIOUS PERSON THAT JUST TALKED ABOUT THE FACT THAT...

YEAH, THERE'S A LOT OF STUFF THAT GOES ON FRIDAYS AND SATURDAYS, BUT NOT VERY MUCH DURING THE WEEK.

SOME OF US THAT ARE BUSINESS OWNERS DURING THE WEEK, IT IS OUR LIVELIHOOD.

WE DEPEND ON PEOPLE COMING IN AND VISITING WITH US, SPENDING THEIR MONEY IN LAKESIDE VILLAGE, AND MAKING IT MORE OF A COMMUNITY.

I LOOK AT THE FACT THAT WE WORK WITH A LOT OF PEOPLE THAT MOVE IN FROM OUT OF THE COUNTRY, OUT OF STATE.

WE DO RESIDENTIAL AND COMMERCIAL REAL ESTATE.

WE HAVE PEOPLE THAT ARE GOING TO LOCATE THEIR BUSINESSES IN DALLAS AND FORT WORTH, AND THEY WANT A NICE RESIDENTIAL COMMUNITY TO LIVE IN.

SO I HAVE A SHOP BOTH IN SOUTH LAKE AND IN FLOWER MOUND.

AND BECAUSE I'M OUT OF THE LAKESIDE SHOP A LOT, BECAUSE I REALLY LIKE BEING UP HERE, I HAVE TO SEND PEOPLE DOWN TO GRAPEVINE IF THEY WANT TO STAY, BECAUSE WE DON'T HAVE ANY PLACE CLOSE ENOUGH THAT THEY CAN GET TO THE TWO AREAS OVER THERE.

AND I LOOK AT IT THAT IT WOULD BRING IN THE RIGHT KIND OF BUSINESS INTO LAKESIDE VILLAGE.

I HAVE CLIENTS THAT HAVE A WATER CLAIM BECAUSE A TOILET OVERFLOWED AND THEY NEED TO MOVE THEIR FAMILY SOMEPLACE FOR A WEEK.

OR I SELL THEIR HOUSE AND THEY CAN'T MOVE INTO THE OTHER HOUSE FOR TWO WEEKS.

I HAVE TO SEND THEM TO GRAPEVINE.

SO I AM VERY MUCH PRO THE HOTEL.

I THINK IT'S A GREAT ADDITION.

AND I HAVE TO SAY THIS, THE DEVELOPER...

HAS BUILT BEAUTIFUL, BEAUTIFUL BUILDINGS.

THE ARCHITECTURE IS GORGEOUS AND A LOT MORE ATTRACTIVE THAN WHAT WAS ORIGINALLY DESIGNED TO BE THERE TO BEGIN WITH.

TIM WISNACK, 2300 OLYMPIA.

WE HAVE TIM WIESENAT.

GOOD EVENING.

I HAVE LOOKED AT THIS AND I THINK YOU'RE RIGHT ON POINT WITH YOUR CONCERN, ADAM, ABOUT THE HOTEL.

THERE ARE A LOT OF PEOPLE THAT HAD AN OPEN MIND ABOUT THE RESIDENCE INN, BUT LOOKING AT THE LONG-TERM CONCERNS THEY HAVE, WHAT COULD IT EVOLVE TO, THERE'S JUST SO MANY CONCERNS ABOUT THIS.

BECAUSE OF THE THANK YOU.

EXTENDED STAY STATUTE IS RELATIVELY NEW.

THIS IS A FIRST BLUSH KIND OF THING, AND THEY'RE COMING IN ASKING FOR ALL KIND OF EXCEPTIONS, WHICH IS KIND OF A RED FLAG IN MY MIND.

CLAYTON FLEURY, HE HAD HIS FRUSTRATION.

I CAN RELATE TO THAT.

ONE IN THREE NEW RESTAURANTS GO OUT OF BUSINESS IN THEIR FIRST YEAR.

SO I DO UNDERSTAND WHERE HE'S COMING FROM.

BUT THE PROMISES THAT WERE MADE...

IN THE PREVIOUS DEVELOPMENT, THERE'S A STRONG EXPECTATION THAT THERE WILL BE A BOUTIQUE HOTEL, AND PARTICULARLY COMPARED TO SOME OF THE HOTELS IN GRAPEVINE, SOME OF THE LUXURY HOTELS WE HAVE THERE, THAT THAT'S THE MARKET WE SHOULD BE COMPETING WITH.

SO I APPRECIATE YOUR TIME, AND I APPRECIATE YOUR DELIBERATIONS ON THIS.

HI, I'M ELENA JOHNSON AT 1314 BLAIRWOOD DRIVE, A LONGTIME RESIDENT OF FLOWER MOUND.

ELENA JOHNSON.

AND WHILE I WAS SAT IN A MEETING A FEW YEARS AGO AND HEARD ABOUT THE FIRST DEVELOPER THAT WANTED TO PUT A BOUTIQUE HOTEL IN, I WAS SO EXCITED TO BE ABLE TO GO OUT WITH GIRLFRIENDS OR EVEN A DATE NIGHT WITH MY HUSBAND FOR AN ANNIVERSARY AND STAY IN A REALLY LOVELY HOTEL.

I DO HAVE SOME CONCERNS ABOUT IT BEING AN EXTENDED STAY BECAUSE ALL ADJACENT TO THIS PROPERTY, YOU'VE GOT MILLION-DOLLAR TOWNHOMES THAT ARE BEING BUILT.

YOU'VE GOT MULTI-MILLION DOLLAR IN THE TOWERS THAT ARE THERE ALREADY, AND I JUST DON'T KNOW THAT THAT EQUATES TO EACH OTHER.

SECONDARILY, HAS ANYBODY THOUGHT THROUGH THAT THERE'S ALREADY A RESIDENCE IN 3.5 MILES AT THE END OF 2499 WHERE IT ABUTS INTO HIGHWAY 26? IT'S AT 2020 TEXAS 26.

IS THERE ANY ECONOMIC IMPACT FROM HAVING ONE THAT CLOSE TO THE ONE THAT WE WILL HAVE?

[02:10:02]

IS IT REALLY GOING TO DRAW THAT MUCH MORE BUSINESS THAN THE ONE THAT'S JUST THREE AND A HALF MILES DOWN THE ROAD? AND I THINK THE NET-NET IS THAT I FEEL A LITTLE GYPPED.

WE WERE GOING TO GET A REALLY NICE ROOFTOP DECK AND BAR ON TOP, AND IT WAS GOING TO BE BOUTIQUE, AND NOW WE'RE JUST GETTING AN EXTENDED STAY HOTEL.

I THINK IT'S JUST KIND OF STATUS QUO, AND FOR WHAT FLOWER MOUND WANTS, THE QUALITY OF LIVING AND THE NICENESS IN OUR ENTRYWAY, OUR ENTRY POINT.

I THINK WE WERE HOPING FOR SOMETHING THAT HAD JUST A HIGHER QUALITY RATING.

I THINK IT WOULD, ESPECIALLY WHEN YOU STAY IN AN ACTUAL HOTEL VERSUS AN EXTENDED STAY, I EAT ALL MY MEALS OUT.

THERE'S NOWHERE FOR ME TO COOK.

WHEN I STAY WITH MY FAMILY AT AN EXTENDED STAY HOTEL, I'M EATING ONE OR TWO MEALS OUT, BUT I'M GENERALLY HITTING A GROCERY STORE SO THAT I CAN DO AND TAKE ADVANTAGE OF THE FACT THAT THERE'S A STOVE AND A FRIDGE.

SO WE HAVE TO ASK, LIKE, HOW MUCH MORE BUSINESS WOULD IT REALLY BRING EVERY SINGLE RESTAURANT THERE IF THEY'RE ABLE TO COOK THEIR OWN MEALS? AND THEN WHERE WOULD THEY GROCERY SHOP? THE ONLY GROCERY STORE IS KIND OF AT THAT WALMART, SO THERE'S GOING TO BE A LOT OF TRAFFIC COMING INTO THAT WALMART AT AN ALREADY CONGESTED CORNER.

SO I HAVE SEVERAL CONCERNS FOR Y'ALL TO CONSIDER IN YOUR NEGOTIATIONS OF THIS.

THANK YOU FOR LISTENING.

AND THEN WE HAVE TWO COMMENT CARDS THAT THEY DON'T WISH TO SPEAK.

ALEX HINESHIAN AND JENNIFER BEASLEY, THEY ARE IN OPPOSITION FOR THIS.

AND IF YOU WOULD LIKE TO MAKE A PUBLIC COMMENT, YOU CAN DO IT NOW.

DOES ANYBODY WISH TO SPEAK BEFORE I CLOSE THIS? YEAH.

YEAH, YOU CAN COME FORWARD.

YEAH, YOU CAN GO AHEAD AND SPEAK.

YOU CAN CHANGE THAT.

I'M JENNIFER BEASLEY.

I LIVE AT 374 NORTHWOOD DRIVE.

A LOT OF MY THOUGHTS HAVE BEEN EXPRESSED.

I DO AGREE THE DESIGN AND THE DESIGN INTENT THAT'S BEEN PRESENTED ACTUALLY IS REALLY NICE.

OUTSIDE OF THE FACT THAT THIS PROPOSAL IS REALLY OUT OF SYNC WITH THE VERY THOUGHTFUL CURATION OF RESTAURANTS, RETAIL THAT'S THERE AND THAT'S PLANNED FOR THE, I DON'T KNOW WHAT'S CALLED THE POINT.

WHICH EVEN HAS MORE PROMISE FOR A VERY ASPIRATIONAL DESTINATION AT FLOWER MOUND, I'M STILL CONCERNED ABOUT, I'M ALSO VERY CONCERNED ABOUT THE FOOTPRINT AND THE FACT THAT THIS EXTENDED STAY, THE ROOM SIZE FORCES IT TO BE AT THE SAME ROOM COUNT.

THE ROOMS ARE ABOUT ONE AND A HALF TIMES AS LARGE.

AND EVEN WHEN WE LOOKED AT THE PLAN EARLIER, WE SEE THE DIFFERENCE.

IN WHAT WAS ORIGINALLY PROPOSED TO WHAT IS WHAT IS WHAT THEY'RE PRESENTING AND SO I THINK THAT YOU KNOW IT'S GOING TO ENCROACH ON GREEN SPACE JUST MORE CEMENT MORE A BIGGER YOU KNOW BIGGER WIDER DEEPER BUILDING AND SO I DO WANT TO THINK ABOUT THE SCALE OF THAT IN IN CO YOU KNOW AND HOW COHESIVE THAT WILL BE AT THAT PART OF THE LAKESIDE DEVELOPMENT.

SOMEONE ELSE WANTED TO SPEAK.

YEAH, YOU CAN COME UP HERE.

AND THEN HE NEEDS TO FILL OUT A COMMENT CARD AFTER AND DO THAT.

IS THAT OKAY? YEAH, YEAH.

COME ON UP.

I WASN'T REALLY EVEN EXPECTED TO TALK, BUT...

IF YOU'LL JUST STATE YOUR NAME AND WHERE YOU'RE FROM.

MY NAME IS WARREN SNYDER, AND I JUST MOVED BACK TO TOWN HERE AND BOUGHT A HOUSE THREE WEEKS AGO.

AND I WANTED TO CHECK OUT...

COUNCIL MEETINGS SEE HOW IT FLOWS AND ALL AND COINCIDENTALLY A TOPIC CAME UP THAT COULD BE A CONCERN FOR ME I'VE GOT MY SON WHO'S GETTING MARRIED NEXT MONTH AND FORTUNATELY, ALL MY FAMILY SHOULD BE ABLE TO COME DOWN AND STAY IN MY HOUSE.

BUT HAD I HAD ONE MORE PERSON, ONE MORE COUPLE COME IN, WHERE WOULD I PUT THEM? AND TO THE POINT YOU MENTIONED EARLIER, I DON'T WANT TO JUST PUT THEM IN A HOTEL.

THIS IS SPECIAL TO ME, SPECIAL TO MY SON.

SO A HOTEL LIKE THIS WOULD BE GREAT.

IT'D BE AWESOME.

WHAT I'M CONCERNED ABOUT, THOUGH, AND IT WAS IT WAS KIND OF PREVALENT WHEN I SAW THE VIDEO, THE PARKING, ALTHOUGH YOU TOOK IT AT A TIME THAT DIDN'T LOOK TOO BAD, THAT WAS OFF HOURS.

THAT COULD GET VERY CONGESTED, AND IT KIND OF LOOKED CONGESTED TO ME.

I'M ALL FOR A HOTEL GOING IN BECAUSE WE NEED ONE, AND WE'RE GOING TO HAVE TO CONTROL ONE SOONER OR LATER BECAUSE FLOWER MOUND IS A GREAT PLACE TO MOVE TO, AND EVERYONE'S COMING HERE.

SO EVENTUALLY YOU'RE GOING TO RUN OUT OF HOUSES, YOU'RE GOING TO RUN OUT OF APARTMENTS, YOU'RE GOING TO HAVE TO FIND SOMETHING.

SO I SAY WE DO SOMETHING

[02:15:01]

LIKE THIS, WE CONTROL IT, BUT THE BIGGEST THING I SEE IS YOU'VE GOT TO DO SOMETHING ABOUT THE PARKING, THE FLOW.

AND THE SAFETY OF IT, IF NOTHING ELSE.

LIKE, EVEN IF YOU WERE TO BUILD IT, I DON'T SEE SAFE WALKWAYS.

AND IF IT'S GOING TO BE A HIGH-WALKING AREA, I'M NOT GOING TO WALK WITH MY KIDS OR MY LOVED ONES ON A STREET IN FRONT OF A HOTEL LIKE THAT THAT'S RIGHT NEXT TO A STREET.

I'D WANT SOMETHING THAT'S BIGGER, WIDER, SAFER, BETTER LIT, AND MORE COMFORTABLE, LESS CONGESTED.

I THINK YOU'RE GOING TO GET CONGESTION DOWN THERE.

SO I LIKE THE HOTEL IDEA.

I JUST DON'T KNOW IF TRAFFIC IS READY FOR IT YET.

THANK YOU FOR LISTENING.

YEAH, ABSOLUTELY.

WOULD ANYONE ELSE LIKE TO COME FORWARD? HI, I'M MIKE THOMPSON AND I'M ACTUALLY BUILDING IN LAKESIDE VILLAGE.

I'M GOING TO BRING 20 EMPLOYEES THERE IN A MIXED USE KIND OF DEAL.

GOSH, WE'RE INVESTING A LOT OF MONEY IN THAT.

I LOVE THIS TOWN.

I'M COMMITTED TO THE BUSINESSES TO SUCCEED.

I'D BE FULLY IN FAVOR OF A BOUTIQUE HOTEL.

RESIDENCE INN IS IN DIRECT CONFLICT, I THINK, WITH THE VISION OF WHAT LAKESIDE VILLAGE IS, SO I'M IN OPPOSITION.

THANKS.

OKAY, THANK YOU.

I SAW SOMEONE ELSE RAISE THEIR HAND TO SPEAK.

YEAH, YOU CAN COME FORWARD.

MY NAME IS DAVID STEWART.

I'M WITH LAKESIDE VILLAGE PARTNERS.

WE'VE BEEN A PARTNER OF JIMMY'S AND REALTY CAPITAL SINCE 2011.

HE'S HELPED US BUILD A PHENOMENAL DEVELOPMENT.

IT'S REALLY NOT A DEVELOPMENT ANYMORE.

IT'S A COMMUNITY WHERE THOUSANDS OF PEOPLE LIVE, THOUSANDS OF PEOPLE SHOP AND DINE.

I'D LIKE TO POINT OUT TO THE PEOPLE WHO EXPECT MORE FROM THIS HOTEL THAT NEXT DOOR A WHOLE PARKWAY FULL OF WAREHOUSES.

I'M NOT SURE THAT A LOT OF OUT-OF-TOWN GUESTS LOOKING FOR A BOUTIQUE HOTEL WOULD LIKE TO STAY NEXT TO A BUNCH OF WAREHOUSES.

I THINK THIS HOTEL WOULD SERVICE PEOPLE WHO ARE HERE FOR BUSINESS, HERE FOR FAMILY VACATIONS OR FAMILY SPORTING EVENTS, AND THAT THOSE PEOPLE WOULD BE GREAT CUSTOMERS FOR OUR RESTAURANTS.

SO, YOU KNOW, IT'S NOT SUPPOSED TO BE AN AMENITY FOR THE RESIDENTS.

IT'S NOT CALLED RESIDENCE INN BECAUSE IT'S FOR FLOWER MOUNTAIN RESIDENTS.

IT'S JUST A NAME.

SO, ANYWAY, I JUST WANTED TO POINT THAT OUT.

VERY GOOD.

MAYOR, CAN I HAVE 30 SECONDS? SORRY, CLAYTON, IF I GAVE YOU 30 SECONDS, I'D HAVE TO GIVE EVERYBODY 30 SECONDS.

ANYBODY ELSE WISH TO SPEAK? OKAY.

I'M CLOSING THIS AND, YOU KNOW, I JUST WANT TO MAKE A COMMENT.

WE REALLY DID HAVE A LOT OF INPUT.

I READ SO MANY EMAILS LATE, LATE, LATE AT NIGHT.

IT WAS MY READING MATERIAL.

AND THEN TONIGHT WE HAVE MANY PEOPLE COME FORWARD.

WE HAD FIVE PEOPLE IN SUPPORT OF THIS.

WE HAD NINE PEOPLE IN OPPOSITION, AND THAT'S FROM THE PUBLIC HEARING TONIGHT ALONE.

SO, I MEAN, I THINK IT'S SAFE TO SAY THAT THESE EMAILS THAT WE'VE GOTTEN, THE INPUT THAT WE'VE GOTTEN, IS THAT THE HOTEL IS APPROVED.

IT CAN BE THERE.

IT'S JUST WHAT KIND OF HOTEL THAT'S GOING TO BE.

AND I THINK WHAT I'M CONCERNED ABOUT IS THAT WE HAD THAT EXTENDED STAY ORDINANCE THAT WE PUT INTO PLACE SEVERAL YEARS AGO.

AND WE DON'T WANT TO VIOLATE THAT.

I MEAN, RIGHT OUT OF THE GATE, WE'RE BEING ASKED TO MAKE CHANGES WITH THIS EXTENDED STAY ORDINANCE.

AND I JUST WANT TO MAKE SURE THAT IF THIS GOES THROUGH, THAT IT'S NOT GOING TO CHANGE.

TWO YEARS DOWN THE ROAD WHEN WE HAVE ANOTHER COUNCIL HERE.

SO WHEN WE GET TO THE POINT WHERE WE HAVE A SITE PLAN, ARE WE GOING TO HAVE A 380 AGREEMENT? AND I FEEL LIKE WE NEED TO MAKE SURE THAT IF WE DO A 380 AGREEMENT, THAT THAT'S, YOU KNOW, BECAUSE WE HAD SO MANY 380 AGREEMENTS BEFORE, I WANT TO MAKE SURE EVERYTHING'S IN PLACE.

I'M NOT SAYING THAT THAT'S GOING TO HAPPEN.

I'M JUST SAYING I WANT TO MAKE SURE THAT THINGS ARE VERY CLEAR IN THE STIPULATIONS THAT GO FORWARD.

IF THAT MAKES SENSE AND THEN I JUST WANT TO MAKE SURE THAT WE JUST ALLOW SOME UM STRONG DETAILS OF WHAT THIS IS GOING TO LOOK LIKE IF THIS GOES THROUGH IF IT GOES THROUGH BECAUSE I JUST DON'T WANT A NEW COUNCIL UP HERE AND IT GETS OBLITERATED I THINK PEOPLE HAVE SPOKEN THEY'VE SAID WHAT THEY WANT I THINK THE MAJORITY IS

[02:20:02]

SAYING THEY'RE IN OPPOSITION NOT TO THE HOTEL BUT THE TYPE OF HOTEL THAT IS COMING IN AND I THINK WE NEED TO TAKE A VERY VERY CLOSE LOOK AT THAT AND WHAT IT'S GOING TO LOOK LIKE BECAUSE WE WERE OFFERED WE WERE TOLD IT WAS GOING TO BE MORE BOUTIQUE FOUR STAR QUALITY I THINK THAT'S FAIR TO SAY BECAUSE EVERYONE'S SAYING THAT ALL RIGHT SO COUNCIL IF YOU HAVE SOME FEEDBACK JEAN VIE WILL START WITH YOU OKAY SO I'M NOT SURE THAT THAT I WOULD BE OFFERING UP A 380.

I WOULD THINK.

I'M NOT SAYING A 380.

I'M SAYING WE HAVE A HISTORY OF 380S, AND IF THAT'S GOING TO HAPPEN, WE NEED TO MAKE SURE THAT THERE'S GOING TO BE EXTREME STIPULATIONS.

I'M NOT IN SUPPORT OF 380 AGREEMENTS.

I'M SAYING IF THAT COMES THROUGH BECAUSE WE'VE HAD A HISTORY OF THOSE, I WANT TO BE ON THE RECORD OF SAYING THAT BECAUSE I'M NOT SAYING WE SHOULD HAVE THAT.

I'M SAYING WE HAVE A HISTORY OF THAT GOING INTO PLACE.

AND IF THESE KIND OF THINGS ARE HAPPENING, WE NEED TO MAKE SURE THAT WE ARE VERY CLEAR ON WHAT...

THE SPECIFICS ARE.

AGREED.

SO THAT ANY PROMISES ARE NOT JUST PROMISES.

THEY ARE WRITTEN INTO THE ORDINANCE.

SO THAT WHEN WE HAVE A PROMISE ABOUT QUALITY, IT'S WRITTEN INTO THE ORDINANCE AND WE KNOW.

SO WE'RE NOT GETTING A TWO-AND-A-HALF-STAR HOTEL WHEN WHAT WE WANT IS A FOUR-STAR HOTEL, AT LEAST, MINIMUM.

AS MOST OF THE PEOPLE IN OPPOSITION SAID TONIGHT, THAT, YOU KNOW, BASICALLY...

THIS IS A HIGH-END AREA.

THEY HAVE MILLION-DOLLAR HOMES THERE, AND WE ARE PERCEIVED AS A GOOD INVESTMENT.

AND IT DOESN'T SEEM LIKE AN EXTENDED STAY RIGHT DOWN THE STREET, AS SEVERAL PEOPLE HAVE SAID, PROJECTS THE QUALITY OF LIFE, THE GOOD INVESTMENT DESIRES OF OUR RESIDENTS.

AND JIMMY SAID HE WANTS TO ADD VALUE AND HAVE THE HIGHEST QUALITY.

QUALITY.

WELL, TWO AND A HALF STAR TO ME IS NOT THE HIGHEST QUALITY.

AND WHAT WE NEED TO BE DOING IS ACTIVATING LAKESIDE'S YOUNG VIBE.

YOU KNOW, WE NEED THAT ROOFTOP BAR.

WE NEED SOMETHING DIFFERENT.

IT'S NOT, WE DON'T NEED ANOTHER, WE HAVE, WE HAVE TWO HOTELS IN RIVERWALK.

WE NEED SOME, WE NEED A DESTINATION.

WE NEED.

WE NEED THE FOUR-STAR HOTEL WITH THE ROOFTOP BAR, AND WE NEED TO WORK OUT BETTER PARKING OPTIONS.

A BIGGER HOTEL ISN'T GOING TO HELP WITH THE PARKING.

OKAY, BRIAN, YOU WANT TO GO AHEAD? WE'LL JUST GO DOWN THE LINE.

SURE.

I'M TRYING TO LEARN HOW TO USE ALL THE NEW EQUIPMENT.

TALKED TO STAFF ABOUT THIS A LITTLE EARLIER TODAY, BUT THERE'S A LOT OF TALK ABOUT TWO-AND-A-HALF-STAR HOTELS, THREE-STAR HOTELS, FOUR-STAR HOTELS.

SO I'VE GOT A QUESTION.

I DON'T KNOW WHAT THAT MEANS OTHER THAN IT'S A RATING, BUT IS THAT LIKE AN OFFICIAL QUALIFICATION, CLASSIFICATION OF HOTELS? I KNOW WE HAVE THE STR, IS THAT THE? SMITH TRAVEL RESEARCH.

YEAH, THE STR, YOU KNOW, THAT RATES THE HOTELS AS, YOU KNOW, UPSCALE, MID-SCALE, LUXURY, ET CETERA, ET CETERA.

AND SO I UNDERSTAND THIS IS GOING TO BE.

UPSCALE OR GREATER AND IF IF YOU COULD HELP ME MAKE SURE I HAVE THAT THIS STRAIGHT ABOUT WHAT THE DIFFERENCE IS BETWEEN STR RATING THE FIVE THE STAR RATING AND THEN HOW DOES THIS RESIDENCE AND IF YOU KNOW COMPARE ON THE LUXURY UPSCALE UPSCALE MID SCALE HOW DOES THIS RESIDENCE IN PROPOSED RESIDENCE IN COMPARED TO THE OTHER HOTELS THAT WE HAVE IN TOWN YES SO STAR RATING I'M NOT AN EXPERT ON STAR RATINGS, BUT MY UNDERSTANDING, JUST FROM TRYING TO DO A LITTLE BIT OF ONLINE RESEARCH, IS THAT IT'S BASED ON A VARIETY OF THINGS, BUT IT CAN INCLUDE JUST REVIEWS AND PEOPLE'S KIND OF...

EXPECTATIONS OF A HOTEL AFTER IT'S CONSTRUCTED.

IT ALSO HAS TO DO WITH THE LEVEL OF SERVICE THAT'S PROVIDED AND ALSO SOME AMENITIES THAT ARE IN IT.

SO I THINK ALL OF THAT GOES INTO IT.

I DON'T KNOW THAT WE WOULD BE ABLE TO PUT A STAR RATING ON THE HOTEL AHEAD OF TIME BECAUSE I THINK SOME OF IT RELATES TO AGAIN PEOPLE'S REVIEWS, THE SERVICE THAT'S PROVIDED THERE, THAT SORT OF THING.

SO THAT'S WHY THE THE TOWN WORKED WITH THE APPLICANT TO DO THE THE STR RATING, AND I HAD PULLED THIS UP AGAIN.

THIS IS JUST THE GOOGLE.

WHAT DOES UPSCALE MEAN IN THE STR SYSTEM? IN THE STR CHAIN SCALE SYSTEM, UPSCALE REFERS TO A SPECIFIC TIER OF HOTELS, POSITIONED BETWEEN UPPER MID-SCALE AND UPPER UPSCALE, TYPICALLY OFFERING HIGH-QUALITY AMENITIES, PREMIUM COMFORT, AND A SELECT SERVICE MODEL RATHER

[02:25:02]

THAN FULL SERVICE.

THEY FOCUS ON WELL-APPOINTED ROOMS, FITNESS CENTERS, SUPERIOR SERVICE.

OFTEN APPEALING TO BUSINESS TRAVELERS.

SO THIS GIVES KIND OF SOME CHARACTERISTICS, EXAMPLES, SO IT LISTS COURTYARD BY MARRIOTT RESIDENCE INN.

SO THE COURTYARD BY MARRIOTT IN FLOWER MOUND IS CONSIDERED THE UPSCALE CATEGORY ON THIS OVERALL SCALE.

THE OTHER HOME 2 SUITES HOTEL IS ONE STEP BELOW THAT, THE UPPER MID SCALE.

SO THOSE ARE THE TWO HOTELS THAT WE HAVE.

COSTAR IS WHO DOES THIS STR.

I'VE FORGOTTEN WHAT IT STANDS FOR NOW, ALTHOUGH IT WAS WRITTEN IN THE SMITH TRAVEL RESEARCH.

SO YEAH, THIS IS SOMETHING THAT'S UNDER COSTAR, SMITH TRAVEL RESEARCH.

SO IT'S KIND OF WHAT WE COULD FIND, THAT'S A RATING THAT CAN BE ESTABLISHED JUST BASED ON...

THE BRAND AND THERE'S MINIMUM THINGS THAT HAVE TO BE MET FOR IT.

LIKE I SAID, I THINK IT WOULD BE HARDER TO ASSOCIATE IT WITH A STAR RATING IN ADVANCE.

AND THEN ALSO, YOU KNOW, AGAIN, BECAUSE I THINK SOMETIMES THE STAR RATINGS CHANGE OVER TIME IF THE LEVEL OF QUALITY GOES DOWN, PEOPLE START HAVING BAD EXPERIENCES.

THEY CAN, SO AGAIN, WE WOULDN'T WANT TO MAKE, PUT A ZONING ITEM IN PLACE THAT SAYS YOU MUST BE THIS MANY STARS AND THEN IF SOMEBODY'S STARS CHANGE THEN SUDDENLY THEY'RE NOT MEETING THEIR ZONING BUT WE DON'T HAVE A WAY TO ENFORCE IT SO STAFF FELT LIKE THE THE STR RATING WAS UM A CLEANER WAY TO ESTABLISH A MINIMUM STANDARD RATHER THAN PUTTING IT ON STARS OKAY THANK YOU UM MAYOR I'VE GOT A FEW OTHER THINGS YEAH SOMEONE WILL BE INVOLVED THE APPLICANT YEAH YEAH YEAH YOU WANT TO COME FORWARD AND COULD YOU JUST ELABORATE MORE, JIMMY, ON WHAT LEXAN JUST TALKED ABOUT WITH THE STAR RATING AND THE CONCERNS THE RESIDENTS HAVE ABOUT THIS NOT BEING A FOUR OR FIVE STAR, BUT BEING A, I'VE HEARD A LOT THAT IT'S GOING TO BE A THREE AND A HALF STAR.

AND IF YOU CAN HELP ME GET MY HEAD AROUND THAT.

YEAH, THE CURRENT ORDINANCE HAS NO MINIMUM RATING.

SO THE CURRENT OWNERSHIP COULD DEVELOP A HOTEL THERE AND PUT ANY BRAND.

I DON'T KNOW WHAT THE LOWEST STR RATING IS, BUT THEY COULD PUT.

THEY CAN PUT WHATEVER HOTEL BRAND NAME THEY WANT ON IT RIGHT NOW REGARDLESS OF RATING.

WE OFFERED UP A MINIMUM RATING JUST TO GIVE THE TOWN COMFORT THAT IF THE FLAG EVER CHANGED IN THE FUTURE, THAT IT WOULDN'T BE A BRAND RATED ANY LESS THAN THE RESIDENCE INN IS.

SO THAT'S SOMETHING WE WERE OFFERING.

RIGHT NOW THERE'S NO MINIMUM.

OKAY, AND...

ONE OF THE CONCERNS WAS, I THINK SOMEONE MENTIONED ABOUT IN TWO YEARS, IF THIS CHANGES OR BECOMES SOMETHING ELSE OR IT FAILS.

AM I CORRECT THAT I HEAR THAT THERE'S A 20-YEAR FRANCHISE AGREEMENT WITH THE OPERATOR AND THE MARRIOTT CORPORATION TO KEEP THIS AS A RESIDENCE IN? IS THAT CORRECT? YES, SO AS LONG AS THE FRANCHISEE IS MAINTAINING THE STANDARDS OF THE FRANCHISE AGREEMENT.

AND THAT'S ANOTHER GOOD POINT.

SO ONE OF THE CONCERNS WE ALWAYS HAVE, WHETHER IT'S A COMMERCIAL DEVELOPMENT, RESIDENTIAL DEVELOPMENT, MULTIFAMILY DEVELOPMENT IS THE DAY IT OPENS IT'S GOING TO BE FANTASTIC.

AND WHAT HAPPENS IN YEAR FIVE, YEAR TEN, HOW DO WE ENSURE THAT IF IT OPENS UP AS A GREAT HOTEL, DOWN THE ROAD IT'S GOING TO BE MAINTAINED AT THAT SAME LEVEL? ARE THERE CHECKS AND BALANCES WITH THE POA? IS IT JUST WITH THE MARRIOTT FRANCHISE AGREEMENT? HOW WOULD THAT OPERATE? WELL, THE...

CAPITALIST IN ME TELLS YOU TRUST THE MARKET.

TRUST WHAT'S GOING TO MAKE THOSE APARTMENTS IN LAKESIDE STAND THE TEST OF TIME.

TRUST WHAT'S MAKING THOSE HOMES SELL FOR MORE PER SQUARE FOOT.

THAN ANY OTHER HOMES IN FLOWER MOUND.

TRUST WHAT YOU'VE INVESTED IN WITH LAKESIDE AND TRUST THAT THAT HOTEL IS ALWAYS GOING TO HAVE DEMAND BECAUSE PEOPLE WANT TO STAY THERE.

IF PEOPLE WANT TO STAY THERE, WE CAN CHARGE MORE FOR THE HOTEL.

IF WE CAN CHARGE MORE FOR THE HOTEL, WE MAKE MORE MONEY ON THE BOTTOM LINE AND THEN WE HAVE TO REINVEST IT TO MAINTAIN THE HIGH STANDARDS THAT THE CUSTOMER PAYING THOSE RATES ARE WILLING TO PAY.

THAT IS, WHEN I SAY TRUST THE LOCATION, TRUST LAKESIDE, THAT'S WHAT THAT MEANS.

NOW, AS FAR AS MARRIOTT GOES, THEY HAVE A WHOLE LONG FRANCHISE AGREEMENT THAT HAS MINIMUM STANDARDS THAT WE MUST MEET.

I'M HAPPY TO HAVE BRANDON EXPAND ON THAT IF YOU'D LIKE, BUT THERE'S A CONTRACTUAL AGREEMENT WITH THEM THAT WE MEET.

WE DON'T RUIN THEIR BRAND STANDARDS.

I CAN SPEAK TO THAT JUST

[02:30:01]

OPERATIONALLY REALLY QUICK.

TWICE A YEAR WE DO QUALITY INSPECTIONS.

WE'RE SENDING SOMEBODY OUT.

AT LEAST, AT MINIMUM, TWICE A YEAR TO MAINTAIN THE STANDARDS OF THE HOTEL, WHETHER IT BE HOUSEKEEPING, CLEANLINESS, SATISFACTION SCORES.

WE HAVE SOMETHING CALLED THE GUEST SATISFACTION REVIEW, WHERE THE GUESTS ARE SAYING, HEY, WE DON'T LIKE THIS, AND WE SEND SOMEBODY OUT TO CHECK THOSE OUT, THE SECRET SHOPPERS THAT WE'RE DOING.

THE ONLY WAY MARRIOTT CONTINUES TO MAINTAIN THAT STANDARD OF BEING THE BEST HOTEL BRAND IN THE WORLD IS BY SENDING OUT THAT MAKE SURE THE QUALITY INSPECTION IS ALWAYS THERE.

SO ONE OF THE OTHER QUESTIONS WE'VE CONCERNS THAT WE'VE HAD A LOT WAS THE PARKING.

YOU KNOW, YOU DID THE FLYBY.

THERE'S SOME CONCERNS FROM SOME, I THINK, COUNCIL MEMBERS AND OTHER RESIDENTS THAT, YEAH, THAT WAS THE SNAPSHOT IN FEBRUARY.

YOU TOOK IT WHEN YOU COULD, BUT WHAT'S IT LOOK LIKE IN THE SUMMER? AND DO YOU FORESEE THERE BEING A TRAFFIC ISSUE OR A PARKING ISSUE IN THE SUMMER? AND IF SO, WHAT'S YOUR LEVEL OF CONFIDENCE THAT CAN BE MITIGATED AND HOW WOULD THAT BE MITIGATED? WELL, SUMMER ACTUALLY GETS BETTER BECAUSE PEOPLE ARE OUT OF TOWN AND THE RESTAURANTS.

BUSINESS GO DOWN DURING THE SUMMER BECAUSE PEOPLE ARE TRAVELING.

THE BUSIEST TIMES ARE THE SPRING AND THE FALL WITH ALL THE FAMILIES ARE HERE, KIDS ARE IN SCHOOL, AND PEOPLE AREN'T LEAVING TOWN.

SO WE'RE PERFECTLY COMFORTABLE THAT WE'RE PUTTING ENOUGH PARKING SPACES ON THIS PROPERTY GIVEN THE MIX OF USES IN LAKESIDE CROSSING THAT WE CAN SATISFY OUR PARKING WITHIN THE LAKESIDE CROSSING DEVELOPMENT FOR THE NEEDS OF THIS HOTEL.

AS FAR AS LAKESIDE GREATER GOES.

WE THERE'S THERE'S IS LAKESIDE CONTINUES TO FLOURISH IF WE HAVE MORE AND MORE PARKING DEMAND.

ONE OF THE THINGS WE'RE WORKING WITH STAFF ON IS TRYING TO GET THE RESIDENTS OFF OF THE PUBLIC PARKING ON LAKESIDE PARKWAY AND INTO THE PRIVATE PARKING LOTS BEHIND THE BUILDINGS WHICH IS WHERE THEY'RE SUPPOSED TO PARK.

RIGHT NOW WE WHEN WE DEVELOP WHEN WE BUILT THE PROJECT, WHEN WE ZONED THE PROJECT AND DRAFTED THE DEVELOPMENT AGREEMENT, WE PUT A PROVISION IN THE DEVELOPMENT AGREEMENT THAT WHEN THE PROJECT BUILT OUT TO A STATE THAT WE NEEDED TO ENFORCE PARKING RULES AND REGULATIONS, THAT THE PROPERTY OWNERS ASSOCIATION COULD LEASE BACK THE PUBLIC PARKING ON THE STREETS AND CREATE RULES AND REGULATIONS AND ENFORCEMENT MECHANISMS. TO MAKE SURE THAT PARKING WAS RESERVED FOR CUSTOMERS.

WE WEREN'T ABLE TO WORK THAT OUT WITH THE TOWN.

AND SO RIGHT NOW, OUR PARKING IS KIND OF A FREE-FOR-ALL RIGHT NOW.

PEOPLE PARK WHEREVER THEY WANT.

THERE'S NO RULES, NO ENFORCEMENT MECHANISMS. SO WE'RE WORKING WITH STAFF RIGHT NOW TO COME UP WITH A WAY TO DEAL WITH THAT.

EITHER THE PARKING SPACES GET DEEDED BACK TO THE ASSOCIATION OR...

WE WORK WITH THE STAFF TO SOMEHOW CREATE A LICENSING AGREEMENT TO WHERE THE ASSOCIATION CAN DO IT.

SO IN THAT VIDEO, WHAT I DIDN'T GET A CHANCE TO SHOW YOU IS THERE ARE SEAS OF PARKING BEHIND THE DEPARTMENT BUILDINGS.

AND IT'S 645 ON A FRIDAY NIGHT.

PEOPLE COME HOME.

AND SO MOST OF THEM WALK TO THE RESTAURANTS IN OUR PROJECT.

WHAT THAT TELLS YOU IS A LOT OF RESIDENTS ARE PARKING ON THE STREET, NOT BEHIND THE BUILDINGS.

AND THE CUSTOMERS AREN'T COMFORTABLE PARKING BEHIND THE BUILDINGS BECAUSE THEY SEE RESIDENTIAL PARKING IN THOSE PARKING SPACES, SO THEY'RE AFRAID THEY'RE GOING TO GET TOWED.

RESIDENTS LEARN OVER TIME THERE'S NO ENFORCEMENT.

IT DOESN'T MATTER IF IT SAYS RETAIL.

THEY PARK THERE.

THEY'RE NOT GOING TO GET TOWED.

THEY DON'T CHANGE THEIR HABITS.

SO WHAT THAT IS GOING TO DO IS GET THE RESIDENTS PARKING IN THE RIGHT PLACES AND BRING THE CUSTOMER PARKING BACK INTO THE MIDDLE, AND THEN IT'LL GROW BACK OUT FROM THERE.

SO THE OTHER OPTION IS YOU JUST...

WE GET A VALET ON FRIDAY AND SATURDAY NIGHTS.

AGAIN, OUR STRESS TIMES ARE FRIDAY AND SATURDAY NIGHTS.

I WISH IT WAS EVERY NIGHT.

THAT WOULD BE A GOOD PROBLEM TO HAVE.

BUT YOU GET A VALET AND YOU PUT A VALET AT A COUPLE SPOTS.

I MEAN, YOU PUT A VALET IN FRONT OF 1845 AND YOU SHIP THE CARS TO THE OFFICE BUILDING RIGHT DOWN THE STREET.

YOU PUT A VALET ON LAKESIDE PARKWAY BETWEEN THE TAVERN AND MANOR'S, AND YOU TAKE THEM BEHIND THE APARTMENT BUILDINGS WHERE THE APARTMENT PEOPLE AREN'T PARKING RIGHT NOW.

SO IT TRULY IS A MANAGEMENT ISSUE.

WE DO NEED THE TOWN'S COOPERATION, AND WE'RE WORKING ON SOME THINGS.

THIS HAS BROUGHT SOME OF THAT TO LIGHT AND KIND OF FORCED US TO FIGURE IT OUT.

BUT, YEAH.

OKAY, I JUST HAVE ONE MORE QUESTION AND SOME CLOSING COMMENTS.

FOR ANOTHER CONCERN WE'VE HEARD IS THE HIGH-END LUXURY BOUTIQUE HOTEL IS A BETTER FIT IN LAKESIDE AS OPPOSED TO THE RESIDENCE IN.

WHILE NOT PART OF THIS APPLICATION, THIS DISCUSSION HERE TONIGHT, CAN YOU TALK ANY ABOUT OTHER HOTELS THAT ARE GOING TO BE BY THE LAKE IN THIS AREA? SO BACK IN LAKESIDE VILLAGE, WE HAVE APPROVED TO BUILD A

[02:35:02]

MARRIOTT AUTOGRAPH COLLECTION HOTEL.

AND THAT, I THINK WHEN I HEAR PEOPLE DESCRIBE A BOUTIQUE HOTEL, MAYBE THAT'S...

MORE WHAT THEY HAVE IN MIND.

THAT'S A RESORT STYLE, FULL SERVICE HOTEL.

IT'S GOT A RESTAURANT, A SPA, A FITNESS CENTER, BALLROOMS FOR WEDDINGS, TERRACES FOR WEDDINGS.

IT'S GOT SUITES IN THE BUILDING.

SO THAT IS A MORE APPROPRIATE LOCATION.

I MEAN, I'VE HEARD A LOT ABOUT HOTEL VENN AND, YOU KNOW, THERE'S A HOTEL DROVER IN THE STOCKYARDS.

THESE ARE UM, SOFT BRAND MARRIOTT BRANDS, BUT PEOPLE MIGHT CLASSIFY THEM IN THE BOUTIQUE GENRE OF HOTELS.

AND THOSE ARE TOURIST HOTELS.

YOU HAVE MAIN STREET AND GRAPEVINE THAT'S DRIVING THE DEMAND FOR THAT HOTEL VENN.

YOU HAVE THE STOCKYARDS THAT'S DRIVING THE DEMAND FOR THE DROVER.

WE HOPE WE'RE GOING TO COMPETE WITH HOTEL VENN WHEN WE BUILD THE PROJECT DOWN ON THE LAKE WITH LAKE VIEWS, THE RESTAURANTS ON THE WATER, THE AMPHITHEATER, THE BOARDWALK, THE TRAILS.

THE RECREATION ACTIVITIES ON THE LAKE, THAT IS WHERE A BOUTIQUE FULL-SERVICE HOTEL BELONGS.

IN MY OPINION, IT DOES NOT BELONG ON THIS SITE, AND I'M THANKFUL THAT NONE OF THOSE HOTELS THAT THE PREVIOUS DEVELOPER PROPOSED GOT BUILT, BECAUSE THEY'D PROBABLY BE FAILURES.

AND THEN A LOT OF THE THINGS THAT PEOPLE ARE WORRIED ABOUT THIS RESIDENCE THEN GETTING RUN DOWN WOULD PROBABLY HAVE HAPPENED TO ONE OF THOSE HOTELS HAD IT GOTTEN BUILT, BECAUSE JUST NOT A STRONG DEMAND FOR THOSE TYPE OF HOTELS AT THAT LOCATION.

NO, I APPRECIATE THAT.

AND SO I GUESS, IS THAT HOTEL DEFINITELY COMING? IS THAT MAYBE A WHAT-IF LAST TO HAVE, OR IS THIS A TANGIBLE THING THAT WE KNOW WAS GOING TO COME TO LAKESIDE? THERE'S SEVERAL HUNDRED THOUSANDS OF DOLLARS THAT HAVE BEEN SPENT ON IT THAT MAKE ME, THERE'S A MAJOR SENSE OF URGENCY TO GET IT BUILT.

THE CHALLENGE WITH THAT PROJECT HAS BEEN IT HAD A LARGE OFFICE BUILDING THAT WAS PART OF THE PROJECT.

AND POST-COVID, GETTING SPECULATIVE OFFICE BUILDINGS FINANCED IS JUST IMPOSSIBLE, ESPECIALLY IN SUBURBAN LOCATIONS THAT ARE NOT DEEP OFFICE MARKETS.

AND SO THE LAST YEAR, WE HAVE BEEN REDESIGNING THAT PROJECT TO ACTUALLY EXPAND THE HOTEL FOOTPRINT.

AND THE AMENITIES TO MAKE IT A MORE FULL-SERVICE HOTEL AND ELIMINATE THE OFFICE COMPONENT, BECAUSE THE OFFICE COMPONENT IS WHAT'S BEEN PREVENTING THAT PROJECT FROM GETTING FINANCED.

AND IT'S ALL ONE STRUCTURE THE WAY IT'S DESIGNED.

AND WE'LL BE COMING BACK TO THE TOWN HERE SOON TO KIND OF REPRESENT THAT CONCEPT TO THE TOWN.

IT'S A BEAUTIFUL HOTEL.

I THINK YOU GUYS ARE GOING TO LOVE IT.

IT DOESN'T HAVE THE OFFICE COMPONENT, BUT IF WE KEEP WAITING FOR THE OFFICE BUILDING, THAT HOTEL IS NEVER GOING TO GET BUILT.

OKAY, THANKS.

MAY I ASK ALL MY QUESTIONS? SURE.

I'LL LET ANYONE ELSE ASK QUESTIONS, AND I'LL HAVE MY CLOSING REMARKS LATER.

GO FOR IT.

YOU WANT TO GO? MY LIST IS LONG.

MAYOR, I WANTED TO GIVE YOU SOME CLARIFICATION ON THE 380 AGREEMENT.

I DON'T WANT TO GET MISUNDERSTOOD.

RIGHT, BECAUSE THAT'S IMPORTANT.

IN THE TIME I'VE BEEN ON COUNCIL, NO ONE HAS COME AFTERWARDS.

USUALLY THAT IS AN INCENTIVIZING TOOL FOR FINANCING THAT WOULD HELP.

SOMEONE WANT TO BUILD HERE.

THERE IS NO 380 AGREEMENT ASSOCIATED WITH THIS APPLICATION REQUEST.

CORRECT YEAH I JUST WANTED TO CLARIFY EARLIER THAT I DID NOT HEAR THAT.

SOUNDED CONFUSING.

YEAH OKAY SO I ALSO DO WANT TO TALK ABOUT MY EMAIL SINCE I WAS CHALLENGED BUT DON'T WORRY I'M READY.

I DID AN ANALYSIS I DID A SPREADSHEET AND YES A LOT OF PEOPLE WROTE IN.

NOW, MY COUNT IS DIFFERENT THAN YOURS THIS TIME BECAUSE I'LL TELL YOU MY DATA SCOPE.

IT'S 3-20-26 TO 4-20-26 AT 3.30 P.M.

SO YOU MIGHT HAVE GONE BACK FARTHER THAN I DID, BUT I THOUGHT A MONTH WAS A GOOD REPRESENTATION.

SO I RECEIVED 145 EMAILS.

OF THOSE, 88% WERE AGAINST, AND I WANTED TO PULL A LITTLE BIT MORE DATA.

75% OF THOSE WERE, IN MY OPINION, UNIQUE, MEANING I FELT THEY WERE WRITTEN BY THE PERSON AND NOT JUST COPY-PASTE.

I ALSO HAD 69%, ALMOST 70% WERE NOT JUST A ONE-LINER.

ABOUT 30% WERE, YOU KNOW, I WANT YOU TO DENY.

AND THEN THE IMPORTANT THING, I THINK, AND THIS IS TO COUNCILMAN SHEESTAL'S POINT ORIGINALLY, 85% OF THESE EMAILS FOCUSED ON THE EXTENDED STAY PORTION.

VERY FEW OF THEM HAD UNIQUE COMPLAINTS ABOUT ANYTHING ELSE ABOUT YOUR APPLICATION.

SO I, LIKE YOU DO, ADAM, I

[02:40:01]

BELIEVE IF WE CAN MOVE BEYOND THAT EXTENDED STAY ISSUE, THEN WE MIGHT HAVE A CONVERSATION GOING.

NOW A COUPLE THINGS THAT I WANTED TO MENTION, SEVERAL PEOPLE DID IMPLORE US TO UPHOLD THE P&Z ZONING JUDGMENT.

AND I EXPLAINED TO THEM, THEY SAID IF YOU DON'T, IT'S DISRESPECTFUL, YOU'RE OVERRULING THEM, AND YOU SHOULDN'T BE DOING THINGS LIKE THAT ON COUNCIL.

SO THE WAY I EXPLAINED IT, AND I WANT TO READ IT FROM HOW I RESPONDED.

WHEN AN APPLICANT SUBMITS A PROPOSAL, IT BECOMES PART OF A NEGOTIATION PROCESS.

IT IS PART OF P&Z'S JOB TO ACT AS FIRST PASS AND VET MANY COMMON CONCERNS.

THIS IS THE BEGINNING OF THE NEGOTIATING PROCESS.

IF AN APPLICANT IS SMART, THEY WILL HEAR WHAT P&Z SAYS AND THEN WORK TO MODIFY THAT REQUEST TO BETTER FIT THE VISION OF THE TOWN.

IN A 6-0 VOTE AGAINST, THERE'S A LOT OF WORK TO DO.

SOME APPLICANTS DO MAKE SIGNIFICANT MODIFICATIONS RESULTING IN EVENTUAL COUNCIL APPROVAL.

WE'VE SEEN THIS HAPPEN MANY TIMES.

IN THOSE CASES, IT'S NOT COUNSEL DISREGARDING THE OPINIONS OF P&Z OR BEING DISRESPECTFUL.

IT'S AN OUTCOME BUILT ON THE WORK THAT THEY HAVE STARTED, INFORMED BY THE CONCERNS AND SUGGESTIONS THEY OFTEN MAKE.

SO IF WE DO SOMETHING DIFFERENT THAN WHAT P&Z RECOMMENDED, IT IS BECAUSE IN GOOD FAITH AND GOOD KNOWLEDGE, WE HAVE MUCH MORE INFORMATION AND THE APPLICANT HAS CHANGED WHAT THEY'RE DOING.

OKAY, SO I THINK WE HAVE EVERYTHING FROM MY EMAIL ANALYSIS, BUT I DID WANT TO POINT OUT THAT ONE, TWO.

THREE, FOUR, SIX PEOPLE WHO EMAILED ALSO TOOK THE TIME TO SPEAK TONIGHT, AND I WANT TO THANK YOU VERY MUCH FOR THAT.

IT MAKES A DIFFERENCE, I THINK, TO ALL OF US.

NEXT, THE BOUTIQUE TOPIC.

SO MANY PEOPLE DID ALSO WRITE IN ASKING FOR A BOUTIQUE HOTEL.

I SPECIFIED IN MY RESPONSES TO MANY OF THEM THAT I DIDN'T BELIEVE THAT WE HAD THE AUTHORITY TO ENFORCE A BOUTIQUE HOTEL.

AND I DID PROMISE I WOULD GET THAT CLARIFIED BY STAFF, WHICH I DID.

AND I'LL...

I'LL READ, THE ORIGINAL PD DID NOT INCLUDE ANY STIPULATIONS ON BRAND, FLAG, OR RATING.

SO THERE IS APPROVAL RIGHT NOW FOR A HOTEL ON THAT SPOT.

AND EVEN IF IT'S NOT AN EXTENDED STAY, WHICH I DON'T THINK IT WILL BE, A HOTEL IS ALLOWED TO COME THERE.

AND I THINK THAT'S PROBABLY WHAT WILL END UP THERE.

SO THAT WAS ANOTHER THING I HAD.

I WOULD LIKE THE APPLICANT TO COME UP, SAMIR.

I HAD A FEW QUESTIONS FOR YOU.

I'M TRYING TO GET YOU TO KNOW YOUR BUSINESS A LITTLE BIT BETTER.

SURE.

AND, WELL, THERE'S ONE THING I HEARD FROM YOUR BUSINESS PARTNER THERE, AND THAT IS YOU PLAN TO USE SECRET SHOPPERS.

AND I'LL BE LOOKING FOR A JOB SOON, SO MAYBE THAT'S SOMETHING I CAN DO.

WE'RE HAPPY TO GET YOU OVER THERE, ANN.

YOU KNOW, SECRET AND SHOPPING, THAT JUST SOUNDS REALLY EXCITING.

OKAY, SO MY QUESTION IS, YOU HAD A SLIDE ABOUT YOUR BUSINESS GROWTH STRATEGY, AND I TRIED TO COUNT REALLY QUICKLY.

I'M NOT SURE IF I GOT MY NUMBER RIGHT.

IT LOOKED LIKE YOU HAD ABOUT 24 CURRENT AND PLANNED ESTABLISHMENTS.

I WANTED TO HEAR A LITTLE BIT ABOUT YOUR BUSINESS GROWTH STRATEGY.

YOU KNOW, HOW FAST ARE YOU GOING TO GROW? YOU KNOW, WHAT'S THE STRUCTURE OF YOUR BUSINESS? IS IT PRIVATE? IS IT PRIVATE EQUITY? IS IT PUBLIC? THOSE KINDS OF THINGS THAT WOULD HELP ME UNDERSTAND.

YEAH, WE'RE VERY STRATEGIC IN OUR GROWTH.

THE GROWTH THAT WE HAVE COMES INTO THE REGIONS THAT WE TRY TO PARTNER IN, HENCE OUR STRATEGIC PARTNERSHIP WITH REALTY.

OUR PLAN IS TO DEVELOP WITH PARTNERS THAT UNDERSTAND SUB-MARKETS, IT'S NOT ONLY FROM...

THE REAL ESTATE SIDE, BUT ALSO FROM OUR END OF THE HOSPITALITY END AND COMBINE THOSE TOGETHER AND TRULY CREATE THE BEST USE FOR THAT SPECIFIC PRODUCT AND PARCEL OF LAND THAT WE'RE LOOKING AT.

OUR GROWTH COMES TO BE ABOUT FOUR TO FIVE HOTELS A YEAR.

WE'VE GOT A STRATEGIC DEVELOPMENT TEAM THERE AND AN OPERATIONAL TEAM THAT CONTINUES TO GROW THAT.

YOU ASKED A QUESTION ABOUT EQUITY AND INVESTMENT.

MAJORITY OF THAT COMES FROM OUR OWN CAPITAL, ALONG WITH FRIENDS AND FAMILY THAT WE WORK WITH.

WE PREFER THAT PROCESS BECAUSE OF OUR ABILITY TO MAKE SURE WE CONTROL THAT PRODUCT, RIGHT? WHERE SOMETIMES PEOPLE GO THE INSTITUTIONAL ROUTE.

THEY'RE SOMEWHAT HANDCUFFED ON WHAT THEY'RE ABLE TO DO AND HOW LONG THEY CAN HOLD THAT HOTEL AND WHAT TYPE OF PRODUCT THEY WANT TO DO AS WELL.

SO IT IS PRIVATE AND YOU'RE REINVESTING? THAT'S CORRECT.

AND THEN THE NUMBER OF PROPERTIES WAS ABOUT 24 TOTAL? ABOUT 27.

27.

I DIDN'T GET THERE FAST ENOUGH.

ABOUT HOW MANY EMPLOYEES DO YOU EMPLOY? IF YOU INCLUDE OUR OVERALL STAFF EMPLOYEES, ABOUT OVER 500 EMPLOYEES, INCLUDING THE EMPLOYEES AT THE PROPERTIES THAT WE HAVE, SO OVER 500 EMPLOYEES.

ON THE CORPORATE SIDE, WE HAVE ABOUT 50.

SO THE PROPERTIES ARE DIRECTLY EMPLOYED BY YOU? THAT IS CORRECT.

WELL, THAT'S KIND OF LEAN STAFF FOR 27 LOCATIONS? YEAH.

SO, ALL RIGHT.

I MEAN, THOSE ARE JUST ON THE FULL TIME.

WE HAVE A LOT OF PART-TIME EMPLOYEES, SO A LOT OF OUR HOUSEKEEPING TENDS TO BE LESS THAN 40 HOURS.

SO IF YOU ADD THAT UP TO OVER 01,000.

YEAH, I WOULD SAY INCLUDING PART-TIME, WE'RE OVER 1,000 EMPLOYEES.

SO YOU'RE SAYING LIKE 500 FTES? THAT'S CORRECT, YEAH.

[02:45:02]

OKAY, 1,000.

AND THEN AT THIS LOCATION, ARE YOU ALSO ANTICIPATING HOW MANY EMPLOYEES? ABOUT 40 EMPLOYEES.

FORTY, OKAY.

AND THAT'S FTES? THAT'S CORRECT, YEAH.

AND THEN THE OTHER THING I'M KIND OF INTERESTED IN, AND THIS KIND OF SPEAKS INDIRECTLY TO THE STAR RATING, AND I DID HEAR ANOTHER STATISTIC THAT I REALLY LIKED, THAT THE AVERAGE INVESTMENT PER KEY, MEANING LIKE PER ROOM, IS TYPICALLY $180,000 TO $190,000.

BUT YOU WERE ALREADY PLANNING 220 TO 230 FOR THIS LOCATION.

THAT'S CORRECT.

WOULD THAT BE, EVEN IF IT WEREN'T EXTENDED STAY? FOR THAT SPECIFIC PRODUCT, WE'VE PRICED EVERYTHING OUT, AND THAT'S WHAT WE WERE LOOKING TO DO FOR A RESIDENCE IN.

BUT THAT'S DEFINITELY A PRODUCT.

WHEN WE GO INTO ANY COMMUNITY, WE LOOK FOR WHAT IS THE NEED FOR THAT PARTICULAR AREA.

SO WHEN WE LOOKED AT FLOWER MOUND, WE REALIZED THIS IS THE BEST PRODUCT FOR THIS LOCATION.

BUT WE ALSO REALIZED THAT THERE ARE CERTAIN COMPONENTS OF THAT PRODUCT THAT WE WANT TO IMPROVE BECAUSE WE KNOW THE DEMOGRAPHICS AND THE TYPE OF CLIENTELE THAT WILL BE COMING HERE THAT WOULD BE ABLE TO MAXIMIZE THEIR STAY AND OUR ABILITY TO PRODUCE WHAT THEY'RE LOOKING FOR.

ALL RIGHT.

ARE YOU ABLE TO SHOW YOUR PROJECTED REV PAR FOR THIS LOCATION? YEAH, I MEAN, I CAN TELL YOU ON A STABILIZATION, WE'RE PROBABLY LOOKING AT ANYWHERE FROM ABOUT A 75% TO 76% OCCUPANCY.

A STABILIZATION ON 210, $220 PER NIGHT.

IF THIS COUNCIL REJECTS THE IDEA OF AN EXTENDED STAY, ARE YOU PREPARED TO STILL PARTNER WITH REALTY CAPITAL AND BRING US ANOTHER PRODUCT? RIGHT NOW, WE'VE TALKED ABOUT THAT, AND OUR PLAN IS TO PROCEED WITH WHAT WE HAVE HERE TODAY.

THAT'D BE SOMETHING THAT JIMMY AND I WILL DISCUSS AND BE LOOKING TO...

FURTHER GO THROUGH BUT AT THIS POINT IN TIME THAT'S WHERE WE STAND WITH THE RESIDENTS OKAY SO IF YOU ARE DENIED FOR THE RESIDENCE IN YOU WOULD NOT BE ALLOWED TO COME BACK TO THIS COUNCIL A COUNCIL FOR A WHOLE YEAR TO REQUEST SOMETHING ELSE SO ARE YOU CONFIDENT THAT IF YOU GET THE DENIAL YOU'D BE ABLE TO COME TO FRUITION WITH ANOTHER PRODUCT OR WHAT YEAH SO IF WE'RE LOOKING IF WE'RE NOT ACCEPTED WITH THE RESIDENCE IN WE WOULD PROBABLY LOOK TO FIND ANOTHER ALTERNATE USE ALLOWED BY RIGHT WITH THE CURRENT ZONING? CORRECT.

SO IT COULD BE STILL FIVE STORIES, IT COULD BE UP TO 140 ROOMS BECAUSE I THINK THAT WAS WHAT WAS APPROVED ORIGINALLY, IS THAT RIGHT, LUXON? 140? 134 NOW? OKAY, IT GOT CHANGED TO 134.

AND THEN SOME OF THE ISSUES OF THE PARKING ACTUALLY COULD BE SIMILAR, COULD BE DIFFERENT.

BUT MAYBE, LUXON, I NEED YOU FOR A SECOND, IF YOU DON'T MIND.

THE PARKING SITUATION.

LOOKING AT AN EXCEPTION IN GOING LESS THAN ONE-TO-ONE RATIO, CORRECT? OKAY, SO EVEN IF THE EXTENDED STAY IS DENIED, ARE WE OR SHOULD WE BE SAYING, YOU KNOW WHAT, WE WANT TO GO BACK TO THE ONE-TO-ONE RATIO OR WE SHOULD SPECIFY THAT? SO, AND I ACTUALLY LOOKED AT SOME OF THE PARKING DATA AND BECAUSE THE UM, BECAUSE CACHET SALON HAS REDUCED THEIR SIZE, I THINK THE COUNCIL COULD APPROVE THIS WITH A ONE-TO-ONE RATIO STILL, AND IT WOULD WORK, BUT I THINK YOU WOULD NEED TO ADOPT WHAT THEY OBSERVED AS THEIR HOURLY PERCENTAGES.

SO THAT'S NOT CHANGING THE TOWN'S BASE STANDARD, BUT IT IS ALLOWING THE, OKAY, AT THIS HOUR WE SAW, WAS THIS PERCENT FULL, THIS PERCENT, SO IT'S...

IT'S IDENTIFYING WHICH HOURS WOULD NEED THE 100% VERSUS THE LESSER, AND DOING THAT WOULD MAKE EVERYTHING STILL WORK.

SO IS THAT BASED ON THE EXHIBIT? WAS IT TABLE 5 AND 6? IN THE PACKET AND ALSO THE 75-76% OCCUPANCY THAT'S ANTICIPATED? YES, LET ME FIND.

I THINK THAT'S THE ONE, YES, 13.

YES, SO THIS IS THE ONE WHERE THEY OBSERVED THE VARIOUS HOTELS AND THE OCCUPANCY RATE.

AND THEN, LIKE I SAID, THEY ACTUALLY LOOKED AT IT ON AN HOURLY BASIS, AND THAT'S WHERE THEY PUT IN...

THE PERCENTAGES, SO AGAIN, THIS IS SAYING YOU WOULD HAVE 100% BETWEEN MIDNIGHT AND UP TO 5 A.M., AND THEN IT'S GOING TO 90%.

ANYWAY, SO IT'S KIND OF VARYING BECAUSE THROUGHOUT THE DAY YOU HAVE PEOPLE THAT START TO LEAVE.

YOU'RE ASSUMING THAT EVERYBODY'S IN THEIR ROOM AT NIGHT, AND THEN YOU HAVE PEOPLE THAT SOME GET AN EARLY START, START TO LEAVE FOR THE DAY, MORE PEOPLE START TO LEAVE FOR THE DAY, AND THEN IT...

CONTINUES UNTIL YOU START

[02:50:01]

TO HAVE EVERYBODY COMING BACK TO THEIR ROOM.

SO IT JUST SPREADS IT OUT THROUGHOUT THE DAY.

AND YOU'RE SAYING WHAT? THE STANDARD IS, THE STANDARD, OUR STANDARD OF ONE SPACE PER ONE ROOM IS TO ENSURE THAT THERE IS ENOUGH PARKING SPACES THERE IF THAT'S THE ONLY USE ON A LOT.

WHENEVER YOU HAVE.

MULTIPLE USES, A MIXED DEVELOPMENT.

WE ALLOW PEOPLE TO DO THIS, TO DO AN ANALYSIS, TO FIGURE OUT WHAT WOULD BE YOUR TIME-BASED PARKING.

SO WE HAVE A FEW DEVELOPMENTS IN TOWN THAT HAVE COME UP WITH KIND OF BIGGER CHUNKS OF TIME.

THIS IS ONE OF THE MOST DETAILED ONES WE'VE HAD SOMEBODY DO WHERE THEY LOOKED AT IT ON MORE OF AN HOUR-BY-HOUR BASIS.

THEY DID THAT FOR MARTY B'S AND CACHET.

AT THEIR ACTUAL CUSTOMERS, AND THEN THIS WAS ALSO DONE BASED ON ACTUAL CUSTOMERS AT HOTELS IN THE METROPLEX.

SO IT WAS STILL USING WHAT THE TOWN SAYS IS THE NUMBER OF SPACES YOU ULTIMATELY NEED TO HAVE FOR THE HOTEL, BUT IT ALLOWS YOU TO SPREAD IT OUT BECAUSE, OKAY, WELL, IF YOU DON'T NEED ALL THOSE SPACES AT NOON, THEN A RESTAURANT THAT'S OPENING THEN AT NOON COULD USE SOME OF YOUR SPACES.

SO IT JUST IT PREVENTS YOU FROM HAVING TO POUR AS MUCH CONCRETE AS IF YOU'RE LOOKING AT EACH USE AS ITS OWN INDIVIDUAL ONE.

THE STAFF IS ACTUALLY WORKING ON A TIME-BASED SHARED PARKING RATIO THAT WE'RE GOING TO BRING FORWARD TO YOU, HOPEFULLY IN THE NEXT FEW MONTHS, THAT WE'VE BEEN TRYING TO GATHER DATA.

BECAUSE, AGAIN, I KNOW THIS COUNCIL HAS PRIORITIZED TRYING TO REDUCE THE AMOUNT OF CONCRETE AND INCREASE GREEN SPACE.

AND SO THAT'S A SIDE NOTE.

BUT WE'RE LOOKING TO DO THAT SOON.

I HAVE ONE LAST QUESTION.

THANK YOU, LUXON.

I WOULD LIKE TO KNOW, AND MAYBE BRYN CAN WEIGH IN ON THIS AS WELL.

JIMMY MENTIONED A VARIETY OF PARKING SOLUTIONS POTENTIALLY, AND HE SAID HE'S WORKING WITH STAFF.

SO I WOULD LIKE TO HEAR WHAT STAFF'S IMPRESSION OF THOSE IDEAS ARE.

AND THEN MY QUESTION MORE FOR BRYN IS HOW COULD WE CODIFY THE NECESSITY AND THE EXPECTATION OF SOME OF THOSE SOLUTIONS COMING FORWARD WITHIN A REASONABLE TIME SHOULD THIS GO FORWARD IN ANY FASHION? RIGHT.

I THINK THERE'LL BE...

SOMEWHAT COMPLICATED TO JUST DO AT THE DAIS, FRANKLY.

I THINK WE MIGHT WANT SOME TIME WITH STAFF TO TRY TO DEVELOP SOMETHING THAT MIGHT BE WORKABLE.

WE WANT TO BE CLEAR.

ARE WE ALLOWED TO TABLE CERTAIN SPECIFIC PORTIONS OF THIS DISCUSSION TONIGHT? COULD WE TABLE THE PARKING? I WOULD BE CAUTIOUS ABOUT TABLING AN ESSENTIAL ELEMENT.

YOU DON'T WANT AN APPROVAL AND THEN A SUBSEQUENT DENIAL.

LATER AND RECALL BECAUSE PNZ RECOMMENDED DENIAL ON THIS EVERY ASPECT OF THIS WHETHER WE BREAK IT APART OR KEEP IT TOGETHER WILL REQUIRE FOUR OUT OF FIVE AFFIRMATIVE VOTES THAT'S FAIR I MEAN THAT IS WHAT IT IS OKAY SO IF WE CAN'T BREAK THAT OUT WE WOULD NEED TO COME TO SOME UNDERSTANDING AND SOME WAY TO CODIFY THAT IF THAT'S OUR INTENTION ALSO I WAS REMISS IN THANKING OUR VISITORS AND I REALIZE PROBABLY DON'T HAVE TO COME HERE, SO PLEASE ACCEPT MY APOLOGY FOR THAT.

AND I DO VERY MUCH APPRECIATE THE FACT THAT YOU ALL ARE HERE AND THAT YOU ARE STATING YOUR CASE VERY PROFESSIONALLY, VERY ELOQUENTLY, AND I THINK RESPONSIVE TO WHAT OUR CONCERNS ARE.

IF WE COULD CLARIFY ONE OF YOUR QUESTIONS AND YOUR COMMENT TO MARRIOTT.

YOU KNOW, WE'RE NOT SHY ABOUT THE FACT THAT WE CHOSE THIS.

BRAND FOR A REASON.

AND IT GOES BACK TO MY VERY BEGINNING SLIDE AS WE WANT THIS FIRST AND FOREMOST TO BE A SUCCESSFUL HOTEL.

AND WE FEEL CONFIDENT THAT IF IT'S A RESIDENCE IN, IT'S GOING TO BE, IT'S A STRONG BRAND.

IT'S GOING TO BE A SUCCESSFUL HOTEL.

THAT SAID.

YOU KNOW, AT THE PNZ MEETING, THESE MARRIOTT GUYS ARE REALLY BUSY, AND WE COULDN'T GET THE MARRIOTT REPRESENTATIVE.

WE COULDN'T REALLY PUT OUR BEST FOOT FORWARD.

AND REALLY, THIS HAS BEEN OUR FIRST OPPORTUNITY TO EDUCATE ALL THE RESIDENTS OF REALLY WHAT WE'RE TRYING TO DO AND THE QUALITY WE'RE REALLY COMMITTED TO.

AND SO WE WANTED TO COME HERE AND PRESENT EVERYTHING THE WAY WE'VE DONE IT TONIGHT AND GIVE YOU THE FULL PICTURE OF WHAT IT IS WE'RE TRYING TO BUILD.

IF THE RESIDENTS IN.

OR THE EXTENDED STAY ISN'T GOING TO PASS THE TEST.

WE'RE STILL COMMITTED TO DEVELOPING A HOTEL WITH SAMIR.

AND YOU WANT TO COMMENT? TO CLARIFY, WE ARE ALSO COMMITTED TO WORKING WITH REALTY CAPITAL.

WE FIND THAT TO BE A HUGE ADVANTAGE, AS THEY UNDERSTAND THE COMMUNITY BETTER THAN WE DO, AS WE ARE NOT FROM HERE AND HAVEN'T GROWN UP IN FLOWER MOUND.

WE FIND THAT TO BE AN INTEGRAL PIECE TO US.

AND IN FACT...

[02:55:01]

WHEN WE DECIDED THIS IS THE RIGHT PRODUCT, WE CAME AND SAT DOWN WITH JIMMY AND HIS TEAM TO REALLY UNDERSTAND AND MAKE SURE.

OUR GOAL ISN'T TO SAY, WE KNOW EVERYTHING, WE'RE GOING TO COME INTO THE TOWN AND THIS IS WHAT NEEDS TO BE HERE.

WE WANTED TO STUDY, EDUCATE OURSELVES.

AND SO FOR MANY MONTHS BEFORE ANYTHING EVEN CAME ABOUT, BEFORE THE PROCESS EVEN COMMUNICATED WITH JIMMY AND THE TEAM ABOUT A PARTNERSHIP, I WANTED TO MAKE SURE WE UNDERSTOOD THE COMMUNITY AND WHAT THE NEED WAS.

AND WE DID THAT.

WE DID THAT THOROUGHLY FROM OUR PERSPECTIVE.

WE UNDERSTAND THERE'S SOME UNIQUE VIEWPOINTS AND PERSPECTIVES WHICH WE WANT TO RESPECT AND APPRECIATE, BUT AS A HOTELIER, WE CAN TELL YOU CONFIDENTLY THAT THIS IS A PRODUCT THAT WE KNOW IS WHAT'S NEEDED FOR IT.

AND WHEN YOU TALK ABOUT THOSE CONCERNS, WE HEAR THOSE CONCERNS LOUD AND CLEAR.

WE UNDERSTAND THAT THERE'S AREAS THAT, HEY, COULD WE MAKE SURE THAT WE'VE LOOKED AT ALL ASPECTS OF IT? AND I CAN CONFIDENTLY TELL YOU AS A HOTELIER, WE HAVE, INCLUDING PARKING.

AS AN OPERATOR, I WOULD NOT BE STANDING HERE AND TELLING YOU I HAVE ADEQUATE PARKING IF I...

DIDN'T, I WOULD BE THE ONE SUFFERING THE MOST FROM THAT PERSPECTIVE.

RIGHT, IT DOESN'T BEHOOVE YOU TO NOT ADDRESS THAT.

I'M SORRY? IT DOES NOT BEHOOVE YOU TO NOT ADDRESS THAT.

YEAH, YEAH.

AND, IAN, AS THE OWNER OF ALL THE PROPERTY NEXT DOOR, WE HAVE NO INTEREST IN BUILDING THE HOTEL THAT'S CURRENTLY APPROVED.

SO WE WILL NOT BE INVOLVED IF THIS DOESN'T GET APPROVED TONIGHT IN SOME FORM OR FASHION.

WE WANT THE HOTEL BUILT THAT WE'VE DESIGNED WITH SAMIR THAT HAS THE THANK YOU.

THE DIFFERENT ARCHITECTURE THAT MATCHES LAKESIDE.

ACTUALLY, THE ARCHITECTURE HASN'T EVEN REALLY COME UP YET MUCH.

I MEAN, NO ONE'S REALLY ADDRESSED THAT.

I THINK IT IS BEAUTIFUL, MAYOR.

AND I THINK WHEN WE HAD THE SLIDE THAT LEXAN SHOWED, I COULD LOOK AT MY NOTES FOR THE NUMBER, BUT IT SHOWED THE TOP AND THE BOTTOM.

THERE'S NO COMPARISON.

I THINK YOUR PRODUCT IS HEAD AND SHOULDERS ABOVE THE OTHER ONE.

JIMMY, I HAVE ONE QUICK QUESTION, AND THEN I'LL GIVE YOU.

I HAVE CLARITY ON MY.

THOUGHTS NOW ON HOW I'D LIKE TO PROCEED.

I HAD A RESIDENT, ONE OF THE NEIGHBORS, COME UP TO ME TODAY, AND SHE SAID THAT THE PREVIOUS DEVELOPER HAD ENTERED INTO SOME KIND OF A CONTRACT TO GIVE THOSE NEIGHBORS ACCESS TO THE HOTEL FACILITIES.

CAN YOU TELL ME ANYTHING ABOUT THAT AND WHETHER OR NOT THAT IS IN THE FUTURE FOR THESE RESIDENTS? NO, I DON'T KNOW ANYTHING ABOUT THAT AGREEMENT.

IT CAME UP AT A NEIGHBORHOOD MEETING WITH THEM.

I DON'T THINK WE'RE OPPOSED TO IT.

YEAH, LOOK.

WE'VE HAD RESIDENTS IN THE PAST IN COMMUNITIES THAT WERE PART OF MIXED-USE DEVELOPMENTS, THEY'VE COME IN AND UTILIZED AMENITIES FROM TIME TO TIME.

AND, IN FACT, WE EVEN REALIZE THIS IS THE PRODUCT WE'LL BRING WILL ACTUALLY BENEFIT THOSE TOWNHOME OWNERS THAT THEY HAVE GUESTS THAT WANT TO COME BY AND THEY'RE GOING TO HAVE A BEAUTIFUL PRODUCT THAT FEELS LIKE A HOMEY FEEL EVEN THOUGH THEY MAY NOT BE STAYING FOR AN EXTENDED PERIOD OF TIME.

AND THAT DOES OFFER THOSE AMENITIES THAT WE HAVE AMENITIES THAT THOSE GUESTS CAN ALSO USE WITH THEIR FAMILIES.

AND THAT'S FOR THE 15 TOWNHOUSES THAT ARE PART OF THIS PD.

THAT'S CORRECT.

OKAY, THANK YOU.

I JUST WANTED TO MAKE SURE WE HAD CLARITY ON THAT.

SO THAT WOULD BE ALLOWED? YES.

OKAY, SO I'LL JUST HAVE MY COMMENTS NOW.

SO THIS IS ACTUALLY A MUCH MORE DIFFICULT DECISION THAN I EXPECTED, MAYBE THAN ANYBODY WOULD EXPECT IT TO BE.

AND, YOU KNOW, I KNOW THAT, FIRST OF ALL, WHEN I HEARD MARRIOTT WAS INTERESTED, I MEAN, THAT'S GREAT BECAUSE MARRIOTT'S ALREADY IN TOWN.

WE'RE HAPPY THAT THEY LOOK AT THEIR OTHER PROJECT AS SUCCESSFUL ENOUGH THAT THEY WANT TO DO ANOTHER PROJECT.

SO WHEN THE PREVIOUS DEVELOPER HAD REACHED OUT TO ME AND SAID THAT HE WANTED TO TAKE HIS BOUTIQUE CONCEPT AND CONVERT IT TO AN EXTENDED STAY, I THOUGHT HE WAS OUT OF HIS MIND.

THE SAME REACTION THAT I THINK MOST OF THE PEOPLE WHO'VE REACHED OUT TO US HAD.

AND HE INVITED ME TO GO TO THE RESIDENCE IN AT THE STAR AND TAKE A LOOK AT IT.

AND IT'S A REALLY, REALLY BEAUTIFUL HOTEL.

AND I DO FEEL LIKE IF THAT HOTEL FROM THE STAR GOT BUILT AT THIS LOCATION, MOST EVERYONE WHO'S IN OPPOSITION TODAY WOULD FEEL PRETTY HAPPY WITH THE RESULT.

I KNOW I WOULD BECAUSE IT WAS A REALLY NICE HOTEL.

AND I DO WANT TO SAY THAT I HAVE A LOT MORE CONFIDENCE IN THE CURRENT DEVELOPER, JIMMY, AND HIS PARTNERS.

AND I UNDERSTAND THE SYNERGIES, AND I AGREE THAT THE HOTEL MAKES A LOT OF SENSE, AND IT WILL HELP THOSE BUSINESSES.

AND I DO FEEL LIKE I'M VERY SUPPORTIVE OF IT IN THAT RESPECT.

WITH THAT SAID, THE EXTENDED STAY ORDINANCE WAS IMPLEMENTED TO GIVE THE PUBLIC THE OPPORTUNITY TO PROVIDE FEEDBACK.

AND I DON'T LIVE IN LAKESIDE.

I LIVE ABOUT AS FAR AWAY FROM LAKESIDE AS YOU CAN BE.

WITHOUT BEING ONE OF BRIAN'S NEIGHBORS.

AND MOST OF THE FEEDBACK WE'VE RECEIVED IS UNFAVORABLE TOWARDS THE EXTENDED STAY.

SO I THINK WE HAVE TO RESPECT THAT.

THE PUBLIC COMMENT TONIGHT WAS PRETTY CONSISTENT WITH WHAT WE HAVE BEEN RECEIVING THROUGHOUT, WHICH IS THEY'RE GENERALLY FAVORABLE TOWARDS A HOTEL.

THERE DOESN'T SEEM TO BE A LOT OF CONCERN WITH THE CHANGE FROM LAKESIDE CROSSING TO LAKESIDE.

I THINK, LIKE ANN SAID, THAT THAT'S A PRETTY NICE CONCEPT, AND I'M SUPPORTIVE OF THAT TOO.

[03:00:01]

BUT THERE STILL REMAIN CONCERNS ABOUT THE PARKING, ABOUT THE SIZE OF THE HOTEL, ABOUT THE QUALITY, AND JUST ABOUT THE GENERAL MAINSTREAM BRAND VERSUS A MORE BOUTIQUE BRAND.

SO WITH THAT SAID, I WOULDN'T VOTE TO DENY THIS BECAUSE I DON'T WANT THIS TO BE THE END OF THE ROAD.

I FEEL LIKE WE'RE KIND OF IN THE MIDDLE OF THIS JOURNEY RIGHT NOW.

I DON'T THINK I'M READY TO APPROVE IT BECAUSE I WANT TO SEE WHAT YOU AND YOUR PARTNERS DO WHEN YOU HAVE CLARITY AROUND THIS NOT BEING AN EXTENDED STAY, BUT ALSO WITH SOME OF THE FEEDBACK THAT YOU'VE RECEIVED.

SO WHAT I WOULD BE SUPPORTIVE OF, FIRST AND FOREMOST, WOULD BE TO REMAND THIS TO P&Z, OR TABLE IT, I GUESS, BUT REMANDING IT TO P&Z AND GIVING JIMMY AN OPPORTUNITY TO WORK WITH HIS PARTNERS, REFINE THE ASK, AND THEN BRING SOMETHING FORWARD THAT I THINK THE PUBLIC COULD BE ON BOARD WITH.

AND I THINK THAT THAT, I DON'T KNOW THAT WE CAN DO ANYTHING TONIGHT TO TRY TO FIX SOME OF THESE CONCERNS AND THEN APPROVE IT.

I THINK THERE NEEDS TO BE A LITTLE BIT MORE REFINEMENT FROM THE APPLICANT, BUT I WOULD NOT BE IN FAVOR OF A DENIAL.

CHRIS? IT'S WELL RECEIVED.

I ALSO APPRECIATE REALTY CAPITAL BRINGING THIS BACK TO US AND TRYING TO GET THIS HOTEL GOING.

I DO THINK THIS WILL HELP WITH SMALL BUSINESS OWNERS.

THAT SAID, I DO HAVE A LOT OF CONCERNS.

I SHARE THE RESIDENTS' CONCERNS WITH THE RESIDENTS IN.

AND THE EXTENDED STAY.

I HAVE A NUMBER OF QUESTIONS.

ONE OF THE ONES THAT CAME UP IN PUBLIC COMMENT WAS THE BOARDWALK AREA AND THE RESTAURANTS.

JUST CONFIRMING, THIS IS A DIFFERENT AREA.

IT'S NOT TIED TO THIS APPLICATION, CORRECT? THAT'S CORRECT.

SO ONE OF THE QUESTIONS I HAD WAS THE PARKING STUDY IS REALLY SPECIFIC.

THE PARKING CHANGES...

IT GOES INTO ALL THE DIFFERENT USES IN THE AREA.

WHAT HAPPENS IF, FOR EXAMPLE, MARTY B'S CHANGES TO A RESTAURANT? HOW DOES THAT IMPACT THE PARKING STUDY? YEAH, IF IT CHANGED TO A RESTAURANT, THEN THAT NEW PROPOSAL STAFF WOULD REVIEW IT AND CHECK THE PARKING, AND IT WOULDN'T BE ABLE TO GO IN IF IT DIDN'T MEET.

I MEAN, THAT'S WHAT WE DO FOR MULTI.

MULTI-USER, MULTI-TENANT DEVELOPMENTS ALL OVER TOWN.

YOU KNOW, IF SOMEBODY HAS SOMETHING THAT USED TO BE A RETAIL SPACE AND THEN THEY WANT TO BRING IN A RESTAURANT, SOMETIMES THEY DON'T HAVE THE PARKING TO MAKE IT WORK.

AND THAT'S SOMETHING THAT STAFF HAS TO PASS ON.

THAT USE CAN'T BE ACCOMMODATED CURRENTLY.

SO, YOU KNOW, THEY CAN LOOK AT OTHER OPTIONS.

SOMETIMES, AGAIN, NOT NECESSARILY SPEAKING ABOUT THIS DEVELOPMENT, JUST WHAT WE SEE WITH OTHER PLACES.

SOMETIMES THEY'LL DO SHARED PARKING AGREEMENTS WITH ADJACENT PROPERTIES.

SOMETIMES THEY MIGHT DO A STUDY TO PROVE OUT THAT, OKAY, WAIT, WE'LL SPEND THE MONEY ON IT.

WE'LL DO A STUDY AND SHOW THAT WE DON'T NEED ALL OF THESE SPACES ALL THE TIME.

BUT THAT'S SOMETHING THAT STAFF REVIEWS FOR EVERY CO THAT COMES IN WHEN IT'S A CHANGE OF USE.

AND THEN ALSO WITH THE PARKING, JIMMY, YOU HAD MENTIONED THAT THERE WERE SOME NEGOTIATIONS WITH THE TOWN TO TRY AND FIX THE RESIDENTS PARKING ON THE STREET.

LEXAN AND JIMMY, ARE WE PROGRESSING WITH THAT? I THINK WE REALLY JUST STARTED TALKING ABOUT IT AGAIN.

AGAIN, AS JIMMY MENTIONED, I THINK IT KIND OF CAME TO LIGHT WITH THIS APPLICATION HOW LAKESIDE DFW COULD POTENTIALLY AFFECT LAKESIDE CROSSING.

AND SO IT BROUGHT UP THAT THAT'S SOMETHING WE NEEDED TO LOOK AT.

SO.

YES, WE NEED TO GO BACK AND REVIEW.

THERE WAS CONVERSATION SEVERAL YEARS AGO ABOUT HOW WE COULD DO THIS, SO WE'RE GOING BACK TO REVIEW THAT DATA, SEE WHAT LEGAL DIRECTION THEY HAD GIVEN US AT THAT TIME, TO SEE THE BEST WAY TO FACILITATE THAT.

CAN YOU KEEP THE COUNCIL INFORMED ON HOW THAT'S PROGRESSING? CHRIS, WE CANNOT TIE ANY CONDITIONS OF THIS ZONING REQUEST TO CONDITIONS THAT HAVE TO BE ADDRESSED WITHIN THE LAKESIDE PD.

YEAH, I UNDERSTAND.

WE NEED THE TOWN TO BELIEVE THAT WE HAVE SUFFICIENT PARKING ON THIS HOTEL PROPERTY.

AND IF THIS HOTEL PROPERTY HAS...

PEOPLE PARKING ON THIS PROPERTY THAT AREN'T ALLOWED TO PARK HERE, WE WILL DEAL WITH THAT.

AND THEN THIS IS THE NICE THING ABOUT HAVING US INVOLVED IS ULTIMATELY WE'RE JUST CREATING A PROBLEM WE HAVE TO SOLVE ON THE LAKESIDE PD SIDE.

SO WE'RE COMMITTED TO TRYING TO CREATE THE MOST EFFICIENT PARKING MANAGEMENT SYSTEM IN LAKESIDE PROPER.

BUT THAT SHOULDN'T IMPACT

[03:05:02]

WHETHER...

WE'RE IN AGREEMENT THAT THERE'S SUFFICIENT PARTNERS FOR THIS HOTEL.

YEAH, AND I AGREE WITH YOU, JIMMY, THERE.

I JUST WANT TO MAKE SURE THAT WE GET AN UPDATE ON THAT IN MAYBE 30 DAYS TO SEE HOW IT'S PROGRESSING BECAUSE IT SEEMS TO BE AN ISSUE DOWN THERE.

THE OTHER QUESTION I HAD, YOU KNOW, IF WE DO DENY THE EXTENDED STAY, THE EXTENDED STAY HOTEL ROOMS ARE QUITE A BIT BIGGER.

IF IT WENT TO OR SHIFTED TO A DIFFERENT HOTEL TYPE, WOULD THE ROUTE COUNT CHANGE? CAN WE HAVE MORE HOTEL ROOMS? CAN WE SHRINK THE SIZE? NO.

WE'RE PLANNING ON KEEPING THE SAME NUMBER OF HOTELS.

I'M JUST RUNNING THE NUMBERS.

WE'D LIKE TO GET THIS DONE TONIGHT.

I'M JUST RUNNING THE NUMBERS.

THE HOTEL SQUARE FOOTER SHRINKS BY ABOUT A THIRD.

IF WE GIVE AN EXTENDED STAY, YOU GO FROM A LITTLE OVER 600 SQUARE FEET TO MAYBE 400 SQUARE FEET.

SO YOU'RE CUTTING THE SIZE OF THE ROOMS IN A THIRD.

SO.

THE BUILDING'S GOING TO SHRINK DOWN WITH, WHEN YOU REMOVE THE EXTENDED STAY, YOU'RE ADDRESSING KIND OF THE BUILDING ISSUE AS WELL.

WE'RE GOING TO GO BACK AND WE'LL HAVE TO ADJUST THE FOOTPRINT A LITTLE BIT, BUT THE ARCHITECTURE IS PART OF THE ZONING.

WE'RE BOUND BY THE ELEVATIONS IN THE BUILDING, SO WHATEVER WE COME BACK WITH, EVEN ON A SMALLER FOOTPRINT, WOULD STILL BE REFLECTIVE OF THE ELEVATIONS THAT ARE APPROVED.

WOULD BE APPROVED TONIGHT.

MY LAST QUESTION, I THINK THIS IS MY LAST ONE.

CHRIS, CAN YOU REPEAT THAT? I THINK YOU'RE MUTED.

SORRY, IT AUTO-MUTED ON ME.

MY LAST QUESTION, YOU KNOW, A LOT OF THE RESIDENTS HAVE BEEN...

THEIR TWO CONCERNS ARE THE EXTENDED STAY AND THE QUALITY.

WITH THE STR RATINGS, THERE'S THE UPSCALE RATING, WHICH IS WHAT YOU'VE GOT IN THE APPLICATION.

WOULD YOU CONSIDER ACCEPTING AN UPPER UPSCALE REQUIREMENT? NO, UPSCALE IS WHAT WE'RE COMMITTED TO.

I MEAN, WE CAN'T.

I MET WITH ONE OF THE STRONGEST OPPONENTS TO THIS HOTEL, AND WE HAD A CONVERSATION.

I ASKED FOR A BRAND THAT THEY WOULD APPROVE.

AND I DIDN'T GET ANY OFFERS, AND SO I ASKED THEM IF THEY WOULD BE OKAY WITH AN ELEMENT HOTEL.

THEY SAID, OH, YEAH, AN ELEMENT HOTEL, THAT'S A NICE HOTEL.

WE'D BE FINE WITH AN ELEMENT HOTEL.

WELL, AN ELEMENT HOTEL, BY THE TOWN STANDARD, IS AN EXTENDED-STATE HOTEL, AND IT WOULD BE BOUND BY THE SAME EXTENDED-STATE ORDINANCE THAT WE'RE SUBJECT TO TONIGHT.

SO, YOU KNOW, THERE'S A LOT OF GREAT HOTELS IN THE UPSCALE.

STAR RATING.

SO THAT'S THE LEVEL WE'RE COMMITTED TO, THAT AND ABOVE GOING FORWARD.

SO I'M ALSO KIND OF LEANING TOWARDS WHERE ADAM IS.

I MEAN, I WOULD BE OK IF WE WENT WITH THE UPPER UPSCALE AND INCLUDED THAT IN THERE.

BUT I THINK I'D RATHER HAVE SOME MORE NEGOTIATIONS WITH P&Z, GET THE RESIDENTS INPUT INTO THIS, ESPECIALLY WITH THE NUMBER OF EMAILS WE GOT.

IT'S HARD TO EXCEPT SOMETHING THAT I DON'T KNOW IF THE RESIDENTS ARE FULLY ON BOARD WITH, ESPECIALLY WITH THE AMOUNT OF RESIDENT OUTREACH WE GOT.

THANKS, CHRIS.

I WANT TO POINT OUT THAT IT DOESN'T HAVE TO COME BACK TO US IF IT MEETS THE CURRENT ZONING.

SO THERE WOULD BE NO NEED, EXCEPT FOR A COUPLE OF THE EXCEPTIONS, TO GO BACK TO P&C.

NOW, I'M NOT AGAINST REMANDING IT BACK TO THEM AND LET THEM WORK THROUGH IT A LITTLE BIT.

BUT I WANTED TO OFFER ONE OTHER OPTION AND THAT IS SINCE YOU WENT FIRST TONIGHT WE HAVE QUITE A FEW OTHER ITEMS TO GET THROUGH.

DO YOU THINK AND WOULD COUNCIL THINK THAT THAT WOULD GIVE YOU ENOUGH TIME TO ADDRESS THE CONCERNS ALL OF US HAVE EXPRESSED TO GET TO A POINT WHERE YOU MIGHT BE ABLE TO OFFER US SOMETHING THAT WE THINK IS IN LINE WITH THE CURRENT ZONING, WHICH WE WOULD HAVE TO ABIDE BY, AND THE PARKING SOLUTIONS.

AND I DON'T THINK ANYONE'S THAT CONCERNED ABOUT THE ARCHITECTURE.

I THINK THAT SEEMS TO BE FINE.

AND WHETHER IT'S AN EXCEPTION REQUESTED.

SO DO YOU THINK YOU WOULD RATHER BE REMANDED BACK TO P&Z, OR COULD YOU FIGURE IT OUT AND BRING SOMETHING BACK THAT WE CAN SAY YES TO WHILE WE'RE WORKING ON OTHER ITEMS? AND EVEN IF I INTERJECT BEFORE JIMMY ANSWERS THAT.

YEAH, LET'S FIGURE YOUR IDEA ABOUT THAT.

LEXAN DIDN'T, JIMMY SAID THAT HE WANTED TO, HE WOULD HAVE TO CHANGE THE BUILDING FOOTPRINTS.

[03:10:02]

WOULDN'T THAT BE A PD AMENDMENT? NO, HE COULD REDUCE THE BUILDING FOOTPRINT.

THE TOWN LOOKS OUT FOR CONCEPT PLAN AMENDMENTS.

IF THERE IS SOMETHING, A CHANGE THAT WOULD BE PROPOSED THAT THERE COULD BE, THE TOWN PERCEIVES AS COULD HAVE A POTENTIAL NEGATIVE IMPACT ON SURROUNDING PROPERTIES, THEN WE WOULD MAKE YOU DO A CONCEPT PLAN AMENDMENT.

SO IF THEY WERE INCREASING THE FOOTPRINT BY MORE THAN 20%, THEN WE WOULD MAKE SOMEONE COME BACK AND MODIFY THE CONCEPT PLAN.

IF THEY ARE DECREASING THE FOOTPRINT, THAT WOULD ONLY BE, FROM WHAT IS APPROVED, THAT WOULD ONLY BE PRESUMED TO LESSEN ANY IMPACTS ON ADJACENT PROPERTY OWNERS.

SO I GUESS, ANN, I...

MY ONLY CONCERN IS THAT IF, YOU KNOW, WE KNOW THERE'S NEW EXHIBITS COMING AND WE DON'T HAVE A CHANCE TO REVIEW THEM, I'M NOT TOTALLY SURE I'D BE COMFORTABLE.

I MEAN, I'M NOT SAYING WE SHOULDN'T TAKE A SHOT AT IT, BUT REMANDING IT TO PNZ WOULD GIVE YOU A CHANCE TO, YOU KNOW, WIN AN APPROVAL, WHICH MAKES IT A LITTLE EASIER WHEN YOU COME TO COUNCIL.

BUT IF WE WANTED TO TABLE IT, THAT'S ANOTHER OPTION JUST TO GET THOSE EXHIBITS CLARIFIED.

BUT, I MEAN, IF HE WANTS TO TAKE THE REST OF THE MEETING AND TRY TO WORK ON SOMETHING, I'M NOT SUPER OPTIMISTIC.

YEAH, THERE'S A LOT OF...

PRESSURE.

I'M NOT SURE.

IF I'M HONEST, I'M NOT SURE WHAT THERE IS TO WORK ON.

WE WANT TO BUILD 134 ROOMS, WHICH IS WHAT IS APPROVED.

WE BELIEVE WE HAVE SUFFICIENT PARKING ON THE PROPERTY TO PARK THE HOTEL.

WE'VE OFFERED A MINIMUM RATING ON THE HOTEL, WHICH YOU DON'T HAVE RIGHT NOW.

WE'RE WILLING TO FOREGO THE EXTENDED STAY.

SO I'M NOT REALLY SURE WHAT ELSE THERE IS TO DISCUSS.

SO I HAVE A DIFFERENT PERSPECTIVE.

I TRAVEL QUITE A BIT.

I AM A MARRIOTT BONVOY GUY, SO I STAY IN A LOT OF MARRIOTT PROPERTIES, STAY IN EXTENDED STAYS WHEN I TRAVEL FOR WORK.

I ACTUALLY STAYED IN AN ELEMENT JUST A COUPLE OF WEEKS AGO, AND WHEN I STAY IN AN EXTENDED STAY, IT'S NOT SO I CAN COOK.

IT'S SO I CAN GO TO THE RESTAURANTS AROUND THERE, EAT SOME OF THE LOCAL SEAFOOD WHEN I'M IN SEATTLE, AND TAKE THE LEFTOVERS HOME.

PUT A WATER IN THE FRIDGE OVERNIGHT AND THEN HAVE LEFTOVERS THE NEXT DAY AND THEN HAVE A LITTLE MORE SPACE TO SPREAD OUT TO DO WORK BECAUSE MOST OF US KNOW THAT WHEN YOU GO SOMEWHERE FOR BUSINESS WHEN YOU'RE DONE AT THE END OF THE DAY YOU GO BACK TO THE HOTEL AND YOU GET TO WORK SOME MORE SO THAT'S MY USE CASE AND I FULLY APPRECIATE AND UNDERSTAND THE CONCERN OF ALL THE RESIDENTS ABOUT HAVING THE EXTENDED STAY I THINK IN THIS USE CASE IN THIS AREA THE BUSINESS TRAVELER IS GOING TO ATTRACT IT'S EVEN AT 2.7 NIGHTS A WEEK.

THAT'S WHERE I'M AT, TWO TO FOUR NIGHTS A WEEK, GENERALLY, WHEN I'M IN AN EXTENDED STAY.

AND I SEE WITH THE BUSINESSES CLOSE THERE, OR CLOSE BY LAKESIDE, THAT'S WHAT IT'S GOING TO ATTRACT.

SO I THINK GIVEN THE PERSPECTIVE OFFERED BY THE OPERATOR PARTNER, BY MARRIOTT, I UNDERSTAND THE USE, AND THAT HELPS MITIGATE SOME OF THE CONCERNS I HEARD FROM THE RESIDENTS ABOUT THE EXTENDED STAY.

THE OTHER POINT...

AND THIS REGARDS THE EXTENDED STAY, THIS REGARDS THE PARKING AS WELL.

AND I THINK SOMEONE MENTIONED THIS EARLIER, YOU KNOW, IT'S IN YOUR BEST INTEREST TO MAKE SURE THAT'S SOLVED.

AND, YOU KNOW, I THINK THAT GIVEN THE HISTORY OF LAKESIDE, THE QUALITY PRODUCT THAT IT IS, WE SHOULD BE UNDER, OUR EXPECTATIONS SHOULD BE 100% ALIGNED THAT THIS IS GOING TO BE A QUALITY PRODUCT, WHETHER IT'S A RESIDENCE IN, WHETHER IT'S ANOTHER BRAND UNDER THE MARRIOTT.

HOTEL.

THE, SO AS FAR AS IF THE WILL'S NOT THERE FOR THE COUNCIL, FOR THE RESIDENTS AND FOR THE EXTENDED STAY, YOU KNOW, SO BE IT.

WE'RE NOT GOING TO DO THAT.

BUT AS FAR AS THE OTHER THINGS WE GOT TO MITIGATE, THE PARKING, THE OTHER CONCERNS THAT WE HAVE, YOU KNOW, I'M COMFORTABLE MOVING THAT FORWARD, APPROVING EVERYTHING EXCEPT FOR THE EXTENDED STAY.

AND IT'S GOING TO, IT'S IN THE DEVELOPER, IT'S IN THE, IT'S IN THE OPERATOR, IT'S IN EVERYONE'S BEST INTEREST.

TO FIX THESE THINGS.

I THINK JIMMY HAS SHOWN THAT HE DOES THAT.

AND ONE OF THE THINGS THAT I'M GOING TO REFERENCE BACK TO OUR LAKESIDE EAST DISCUSSION A FEW MONTHS AGO, YOU KNOW, IT WAS C2 ZONING AND LOOK TO GO SOMETHING ELSE.

ONE OF THE REASONS, YOU KNOW, ONE OF THE JUSTIFICATIONS FOR KEEPING IT AS C2 IS, HEY, IT'S JIMMY.

IT'S GOING TO DO, HE'S GOING TO DO SOMETHING GREAT WITH C2.

NO MATTER WHAT THE ZONING, HE'S GOING TO DO SOMETHING GREAT.

WE KNOW HE'S GOING TO DO GREAT LOOKING AT LAKESIDE.

AND SO IF WE APPLY THAT LOGIC NOW, WE CAN'T SAY, NO, NOW JIMMY'S GOING TO RUIN LAKESIDE BY PUTTING IN AN EXTENDED STAY HOTEL.

THAT LOOKS BEAUTIFUL.

SO, YOU KNOW, YOU CAN'T HAVE IT IN BOTH WAYS.

AND SO MY THOUGHT IS.

IF WE TAKE THE EXTENDED STAY OUT, WE HAVE AN AGREEMENT TO FIX THE PARKING.

IF THERE IS A PARKING ISSUE, THE COMMITMENT FROM THE DEVELOPER, FROM ALL PARTIES INVOLVED, THAT THEY'RE GOING TO HAVE A SOLUTION IN PLACE.

I DON'T NEED TO KNOW THE DETAILS TODAY.

I DON'T THINK ANYONE CAN KNOW THE DETAILS TODAY.

BUT KNOWING THAT THERE WILL BE A SOLUTION IF AND WHEN THAT ARISES,

[03:15:01]

I'M COMFORTABLE MOVING FORWARD WITH EVERYTHING ELSE.

CHRIS, DO YOU HAVE ANY COMMENTS? I JUST WANT TO...

JUST ONE RESPONSE TO ONE OF CHRIS'S COMMENTS.

THIS IDEA OF PUTTING ANOTHER HIGHER RATING MINIMUM STANDARD ON THIS HOTEL, WE DON'T WANT TO BUILD A HOTEL THAT'S GOING TO COMPETE WITH THE AUTOGRAPH COLLECTION HOTEL IN THE BACK.

SO AS YOU START UPGRADING THE MINIMUM STANDARDS FOR THIS HOTEL, THAT COMES WITH A WHOLE...

BUNCH OF OTHER RESPONSIBILITIES.

YOU START NEEDING TO PUT FULL-SERVICE RESTAURANTS IN THE HOTEL.

SO IF YOU THINK WE HAVE A PARKING NOW, WE PUT A FULL-SERVICE RESTAURANT IN THIS BUILDING WITH 134 ROOMS. THERE'S NO WAY YOU'RE GOING TO PARK THAT.

YOU GOT TO START PUTTING IN GREATER CONFERENCE SPACE.

SO NOW THE FOOTPRINT GETS BIGGER.

SO, I MEAN, THIS IS A TWO AND A HALF ACRE SITE.

IT'S GOT LIMITATIONS.

AND WE HAVE NO INTEREST IN BUILDING A PRODUCT THAT'S GOING TO COMPETE WITH THE HOTEL IN THE BACK.

WE WANT, WE WANT, YOU KNOW, WE'RE BUILDING A WEDDING VENUE BACK ON THE LAKE.

NOT ALL THOSE 300 WEDDING GUESTS ARE GOING TO BE ABLE TO AFFORD THE $500 A NIGHT MARRIOTT AUTOGRAPH COLLECTION HOTEL.

THIS HOTEL UP FRONT IS A PERFECT OPTION TO KEEP THOSE GUESTS IN TOWN AND KEEP THEIR SALES TAX DOLLARS BEING SPENT HERE IN TOWN WHERE THEY CAN SPEND $200 TO $220 A NIGHT INSTEAD OF $400 TO $500 A NIGHT.

SO WE'RE ACTUALLY SUPPORTIVE OF A LITTLE BIT OF A PRODUCT DIFFERENTIATION FROM WHAT WE'RE DOING IN THE BACK.

I HEARD A RESIDENT TALK TONIGHT, WHY DO WE NEED AN EXTENDED STAY HOTEL DOWN IN LAKESIDE WHEN WE ALREADY HAVE ONE UP IN RIVERWALK? BECAUSE IT'S JUST GOING TO RUIN THAT HOTEL.

SAME CONCEPT APPLIES DOWN IN LAKESIDE.

SO I'M OPEN TO DISCUSSION.

I JUST DON'T KNOW WHAT I'M TRYING TO SOLVE RIGHT NOW.

SO, JIMMY, I THINK FOR ME TO MOVE THIS FORWARD TONIGHT, I WOULD WANT TO KNOW THE BRAND.

AND I WOULD WANT TO KNOW THE UPDATED BUILDING SQUARE FOOTAGE IN A MINUTE.

LIKE, I DON'T FEEL LIKE I WOULD BE READY TO APPROVE IT WITHOUT AT LEAST THOSE TWO PIECES OF INFORMATION.

BRANDON, WHAT WAS THE OTHER THING? THE SQUARE FOOTAGE, THE UPDATED BUILDING SQUARE FOOTAGE.

SO I DON'T KNOW THAT...

YOU'RE GOOD WITH THE PARKING.

WELL, NO, I MEAN, I'M NOT.

I HAVE ENOUGH CONFIDENCE THAT IF HE SAYS THE PARKING IS GOING TO BE FINE, THEN I THINK HE'S PROBABLY CORRECT.

BUT I KNOW THERE IS SOME WORK WE HAVE TO DO TOGETHER TO HELP IMPROVE THAT SITUATION.

I'M WILLING TO PARTNER.

I DON'T THINK THE BRAND'S NOT PART OF THE ZONING.

AND I CAN'T COMMIT TO A BRAND TONIGHT.

I MEAN, THAT'S A WHOLE NEGOTIATION WITH MARRIOTT.

THEY HAVE TO APPROVE IT.

BY PUTTING THE MINIMUM STAR RATING, IT LIMITS WHAT WE CAN DO.

BUT THAT'S NOT JUST OUR CHOICE.

THEY HAVE TO AGREE TO IT.

THEY HAVE TO AGREE.

I MEAN, THESE GUYS HAVE ALREADY BOUGHT A FRANCHISE FOR A RESIDENCE IN.

THEY'VE GOT TO AGREE TO TRANSFER THE FEE TO ANOTHER ONE.

WE'RE NOT IN A POSITION TO DO THAT.

BUT YOU WOULD BE AGREEING TO STAY A PARTNER WITH SUPERHOST HOSPITALITY.

WOULD YOU BE COMMITTING TO THAT? WOULD YOU BE COMMITTING TO THAT ON THE SITE IF IT'S NOT EXTENDED STAY? WOULD YOU STAY AS A PARTNER ON THIS SITE IF WE CAN'T APPROVE THE EXTENDED STAY? YES.

I MEAN, IF WE KEEP IT, AND THEN I THINK FURTHER TO JIMMY'S POINT, I MEAN, THAT'S A PRETTY BIG COMMITMENT THAT WE'D SAY WE'D STAY IN THAT UPSCALE AS YOU SEE THE STAR.

I MEAN, THERE'S MULTIPLE CATEGORIES LESS THAN AN UPSCALE ASSET.

RIGHT.

THAT YOU COULD DEVELOP HERE THAT THAT'S NOT AGAIN WHERE WE'RE TRYING TO HEAD TOWARDS BUT IF WE COMMIT TO SOMETHING TONIGHT AND WE DO SO OUR GOAL IS TO CONTINUE TO PARTNER WITH RCP IN THIS RCM IN THIS PROCESS BECAUSE I BELIEVE THEY ARE THE BEST PARTNER FOR US SO THAT'S AN IMPORTANT FACT FOR US TO HAVE UH AS PART AND ALSO THE CURRENT ZONING DOES NOT SPECIFY THE BRAND SO FOR US TO ASK FOR THE BRAND COMMITMENT I DON'T THINK THAT WORKS DOES IT TIME THAT DOESN'T WORK IN ZONING.

IF YOU WERE TO ENTERTAIN A CHAPTER 380 AGREEMENT, YOU COULD CONTRACTUALLY OBLIGATE A CERTAIN...

BUT ONLY UNDER THOSE CIRCUMSTANCES, WHICH DON'T APPLY TONIGHT.

THAT'S RIGHT.

THERE'S A WHOLE LIST HERE OF UPSCALE HOTELS THAT, I MEAN, IT'S NOT JUST MERRITT AT THAT POINT, IT OPENS IT UP TO A COUPLE OTHER BRANDS OUT THERE TOO.

THESE ARE LIKE FOUR-STAR HOTELS, THREE-STAR.

THERE'S NO STORES.

AND WHEN YOU SAY FOUR-STAR, IT'S A TOP-NOTCH WORD.

ONE OF THE STAFF MEMBERS MENTIONED IT REALLY WELL.

I MEAN, YOU'RE...

REVIEWS CHANGE, RIGHT? SO WHAT WE TRY TO GO OFF IS WHAT THE STAR STATES AS A CATEGORY, AND WE'RE TALKING ABOUT DOING AN UPSCALE ASSET.

THERE'S ALSO, YOU KNOW, YOU CAN ONLY DO, YOU KNOW, YOU GOT COMPETITOR, YOU GOT OTHER FRANCHISES ISSUED, SO THEY CAN'T, THEY CAN'T CROSS OVER, THEY CAN'T BE TOO CLOSE.

SO THERE'S, THERE'S A MILLION ISSUES

[03:20:01]

IN TERMS OF WHAT WE ACTUALLY END UP LANDING ON.

CAN I CHIME IN REAL QUICK? YEAH.

ONE OF THE THINGS TO TAKE INTO CONSIDERATION, WE HAVE SOMETHING IN OUR BUSINESS CALLED AN AOP, WHICH IS AN AREA OF PROTECTION.

I KNOW ONE OF THE LADIES BROUGHT IT UP EARLIER.

SHE SAID, WELL, YOU HAVE ANOTHER HOTEL THAT'S 3.5 MILES AWAY.

IF THEY WANTED TO CHANGE THE BRAND, WE HAVE TO HAVE OUR OWN INTERNAL COMMITTEES WHERE WE HAVE TO GET IT APPROVED AS WELL, WHERE THEN IT'S MY JOB TO TAKE THAT PROJECT AHEAD OF MY BOARD AND GET IT APPROVED.

AND ONE PART OF THAT PROCESS IS I HAVE TO NOTIFY EVERY MARRIOTT OWNER WITHIN A FIVE-MILE RADIUS AND TELL THEM, HEY, WE'RE GOING TO DO THIS BRAND THAT'S GOING TO COMPETE AGAINST YOU.

THEN I HAVE TO GO OUT THERE AND FIGURE OUT HOW DO I MAKE THEM FEEL COMFORTED THAT THIS BRAND WON'T SHIFT TOO MUCH SHARE AWAY FROM THEM.

AND SO I DON'T MIND DOING THAT, BUT THE PREFERENCE IS WE WERE ABLE TO GET A RESIDENCE IN APPROVED HERE ON BEHALF OF THEM.

AND THE OWNERS WERE LIKE, HEY, THAT MAKES SENSE BECAUSE THE OTHER RESIDENCE IN WAS FAR ENOUGH AWAY.

AND CAN I BRING UP A COMMENT ABOUT THE PRICE POINT JUST NOW? THE OTHER RESIDENCE IN THAT WE WERE LOOKING AT IS $331 A NIGHT.

AND SO.

THAT DOESN'T MEAN THAT'S ALWAYS GOING TO BE THE RATE, BUT WHEN YOU'RE STARTING TO THINK ABOUT THE TAX DOLLARS, BECAUSE I KNOW THAT SOMEBODY BROUGHT THIS UP EARLIER TODAY AND I WANTED TO BRING UP THAT POINT, WAS THIS HOTEL WOULD GENERATE THOSE TAX DOLLARS TO HELP YOU MAKE THOSE IMPROVEMENTS FOR YOUR INFRASTRUCTURE FOR SOME OF THE I THINK IT WAS A MUD ISSUE AND SOME OF THE SIDEWALK ISSUES EARLIER.

WELL, THE HOTEL OCCUPANCY TAX IS VERY SPECIFIC IN WHAT IT CAN AND CANNOT BE SPENT ON.

SO I DON'T KNOW SPECIFICALLY IF IT COULD GO TO THAT, BUT WE PROBABLY HAVE PEOPLE WHO COULD TELL US.

I JUST WANT TO MAKE SURE I BROUGHT THAT UP FOR THE RIGHTS.

ANYBODY? I APOLOGIZE.

ANYTHING WE SPEND HOT ON HAS TO EQUATE TO HEADS AND BEDS.

NO, IT'S A NO WORRIES.

THE SHORT ANSWER IS NO.

SO LIKE IF WE HAD A FESTIVAL, FOR INSTANCE, WE DID HAVE A FESTIVAL IN THE RIVERWALK.

IF IT WAS TWO NIGHTS, WE COULD USE HOTEL OCCUPANCY TAX FROM THAT MARRIOTT, WHICH WE JUST RECENTLY GOT OVER THE 380 WITH THEM, TO FUND THAT.

SO IT WAS NO TAXPAYER DOLLARS AT ALL, BUT IT WAS BECAUSE THAT WOULD BE HEADS IN BEDS, REALLY.

I THINK TO BRANDON'S POINT, IT DOES HELP THE COMMUNITY ITSELF, WHATEVER DOLLARS, WHETHER THEY'RE I WOULDN'T TURN THOSE HOT TAX DOLLARS DOWN, BUT I JUST WANT EVERYONE TO UNDERSTAND WHERE THEY CAN GO.

I'M A LITTLE MORE UNCOMFORTABLE THE MORE I'M HEARING ABOUT NOT WANTING COMPETITION WITH, YOU KNOW, ANOTHER LUXURY HOTEL.

SO I'M NOT HEARING MAYBE THAT WE'RE GETTING THE QUALITY THAT WE'RE WANTING BECAUSE YOU'RE NOT WANTING TO COMPETE.

I THINK A RESIDENCE IN IS A HIGH QUALITY HOTEL.

I'M STAYING AT A RESIDENCE IN NEXT MONTH.

IT'S PERFECTLY FINE FOR ME.

IT MIGHT NOT BE FOR YOU AND IT MIGHT NOT BE FOR A LOT OF PEOPLE IN THE ROOM.

BUT TO SAY IT'S NOT A QUALITY HOTEL, THAT'S IN THE EYE OF THE BEHOLDER.

I'M NOT SAYING IT'S NOT QUALITY.

I'M JUST SAYING WE'RE NOT SEEING EXACTLY WHAT LEVEL THAT IS.

IT FEELS A LITTLE OBFUSCATED TO ME WHAT THE LEVEL IS, RIGHT? BUT YOU HAVE NO MINIMUM LEVEL RIGHT NOW.

IT'S NOT IN THE ZONING NOW.

THERE'S NO SPECIFICATION ABOUT WHAT WE CAN REQUIRE OF THEM ON THAT TOPIC.

THEY WANT A LOT OF OTHER CHANGES.

THEY DO.

BUT THERE'S NOTHING THAT WE CAN CONTROL.

IT'S ALREADY ZONED FOR THOSE THINGS.

I WILL SAY OF THE PICTURES THAT YOU SHOWED TONIGHT, AND I KNOW WE WENT THROUGH PRETTY FAST, I'D LOVE TO STAY IN ANY OF THOSE.

I THOUGHT THEY WERE BEAUTIFUL.

ABSOLUTELY, THEY WERE BEAUTIFUL.

ABSOLUTELY.

I WOULD LOVE TO HAVE ROOMS LIKE THAT.

WHY DON'T WE KEEP THIS? THE ISSUE IS IT'S EXTENDED STAY.

IT'S OBVIOUS THAT THERE'S A MISPERCEPTION.

THERE'S A PERCEPTION ABOUT EXTENDED STAY, RIGHT OR WRONG.

THE RESIDENTS, THE MAJORITY OF THE RESIDENTS DON'T WANT EXTENDED STAY.

YOU HAVE AN ORDINANCE TO OFFER THEM OPINION, A VOICE.

YOU'VE TALKED ABOUT THIS.

SO IS IT ABOUT EXTENDED STAY OR IS IT ABOUT MORE THAN EXTENDED STAY? I THINK RESIDENTS SAY EXTENDED STAY.

YEAH, I THINK IT IS A LOT ABOUT THAT.

SO WE TAKE THAT OUT AND LET'S MOVE ON.

WE WANT TO BUILD THIS BEAUTIFUL HOTEL.

I THINK THAT WOULD BE IDEAL TO TAKE IT OUT.

I DO.

JUST BECAUSE THERE'S SO MANY COMPLAINTS ABOUT IT.

I'M SORRY, ADAM, I DIDN'T HEAR YOU.

WHAT DID YOU SAY? I THINK WE HAVE AGREEMENT ON THAT POINT.

AND THE OTHER ISSUES, THE OTHER EXCEPTIONS THAT ARE REQUESTED.

WE HAVEN'T REALLY EVEN TALKED ABOUT THE X LOT YET.

I REALLY WOULD LIKE TO ADDRESS THAT TONIGHT.

I WOULD LIKE TO ADDRESS THAT.

I WOULD LIKE TO REMAND THIS BACK TO P&C AS ORIGINALLY SUGGESTED.

IF WE TABLED IT FOR A MEETING, AND AGAIN, I KNOW HOW YOU FEEL, JIMMY, BUT IF WE JUST GOT SOME CLARITY ON THE BUILDING SQUARE FOOTAGE AND IF WE COULD.

GIVE MARRIOTT AN OPPORTUNITY TO HAVE SOME OF THOSE INTERNAL CONVERSATIONS.

THE PUBLIC HAS TALKED ABOUT THIS BOUTIQUE CONCEPT.

I JUST WANT TO MAKE SURE WE HAVE A LITTLE BIT MORE INFORMATION BEFORE WE APPROVE IT.

I FEEL LIKE YOU'RE ON THE TRACK FOR APPROVAL WITH THE CONCESSIONS YOU'VE MADE.

I FEEL LIKE A LITTLE BIT MORE CLARITY WOULD BE IDEAL.

I'M A LITTLE UNCOMFORTABLE APPROVING IT TONIGHT, EVEN THOUGH ALMOST EVERY ELEMENT I THINK COULD BE APPROVED, EXCEPT THAT IF WE APPROVE IT, IT'S ALMOST LIKE HE STARTS THE PROCESS OVER AGAIN FOR ANYTHING THAT DOESN'T MAKE THE CUT.

WHEREAS IF WE TABLE IT, WE GIVE THEM A CHANCE TO MAKE A FEW MODIFICATIONS WITHOUT RESTARTING THE ENTIRE PROCESS.

AND THEN WE'RE BACK HERE AND WE

[03:25:01]

GET THIS THING OVER THE FINISH LINE.

IS THAT NOT ACCEPTABLE? WHAT? THE PARKING? WHAT ISSUES? I'M TRYING TO FIGURE OUT WHAT ISSUES.

BUILDING SQUARE FOOTAGE.

AND I'D LIKE CLARITY ON WHAT MARRIOTT IS PROPOSING.

BUT IF IT'S LOWER THAN WHAT IS REQUESTED, THEN IT'S ACCEPTED BY RIGHT.

THEY DON'T HAVE TO COME BACK.

WELL, IF WE APPROVE IT TONIGHT, BUT WE DON'T HAVE CLARITY YET ON WHAT THAT IS.

SO IF WE PROVE IT WITH THIS EXHIBIT, THEN WE HAVE...

THIS SQUARE FOOTAGE, BUT SOME OF THE MEMBERS OF THE PUBLIC HAVE SPECIFICALLY TALKED ABOUT THE SIZE OF THE BUILDING.

JIMMY HAS SAID THAT THE BUILDING WILL GET SMALLER, BUT WOULD LIKE SOME CLARITY ON WHAT THAT IS SO THAT WE CAN MAKE SURE THAT THE PUBLIC KNOWS THAT WE HAVE THAT DOCUMENTED WHEN IT GETS APPROVED.

WHY DON'T WE SAY 5% SMALLER, 10% SMALLER, AND THEN CAN YOU MAKE IT WORK? I CAN MAKE THAT DECISION TONIGHT.

OKAY, THERE YOU GO.

OR THE ORIGINALLY APPROVED SQUARE FOOTAGE.

WELL, I DON'T REMEMBER WHAT...

SO WHAT...

IF YOU CAN MAKE THAT HAPPEN, LET'S JUST DO IT.

I CAN MAKE, IF YOU WANTED TO PUNT US UNTIL THE END OF THE AGENDA, I CAN COME BACK AND TELL YOU WHAT THE SQUARE FOOTAGE YOU CAN AGREE TO IS.

HERE'S THE ISSUE WE HAVE, IS THAT WE HAVE TO HAVE A SUPERMAJORITY VOTE ON THIS.

AND IF WE DON'T GET THE SUPERMAJORITY VOTE, THAT'S GOING TO STRING IT OUT EVEN LONGER.

IF WE DON'T GET A SUPERMAJORITY VOTE AND IT'S ALL DENIED, THEY CAN'T COME BACK FOR A YEAR WITH EXCEPTION REQUESTS.

BUT THEY CAN ABSOLUTELY COME BACK.

THEY CAN STILL BUILD THE HOTEL THAT'S APPROVED.

RIGHT, RIGHT.

THEY STILL HAVE APPROVAL OF THE ZONING, SO THEY DON'T HAVE TO COME BACK FOR THE REST OF IT.

WE'RE NOT WALKING OUT OF HERE WITH A DENIAL.

SO WE JUST NEED TO GET CLARITY AROUND SOME OF THE MODIFICATIONS.

I MEAN, IF YOU CAN TAKE SOME TIME AND KNOCK THAT OUT, I GUESS MAYBE WE CAN GIVE THAT A SHOT.

WE NEED FOUR VOTES TO GET IT OVER THE FINISH LINE.

BUT IF WE WAIT ONE MEETING.

WE MIGHT HAVE A BETTER CHANCE OF SUCCESS.

JIMMY, WE HAVE DONE THAT BEFORE.

WE'VE HAD MEETINGS WHERE YOU CAN GO AND JUST FIGURE OUT HOW THAT'S GOING TO LOOK AND COME BACK.

BUT I'M NOT GOING TO HAVE THE IN THAT SAME WE HAVE TO GO BACK AND REDESIGN THE BUILDING, REDESIGN THE ROOMS. THAT TAKES TIME AND MONEY.

WE HAVE TO WE'RE NOT GOING TO HAVE ANY ANSWERS ON BRAND, YOU BROUGHT THAT UP A COUPLE TIMES.

THAT'S NOT GOING TO BE RESOLVED BY THE NEXT MEETING.

WE DON'T NEED THAT RESOLVED.

THERE'S NO SPECIFICATION IN THE ZONING RIGHT NOW THAT SAYS BRAND.

I CAN COMMIT TO A MAXIMUM BUILDING SQUARE FOOTAGE TONIGHT, IF THAT'S THE ONLY ISSUE.

ANY OTHER ISSUES, ADAM, THAT YOU WANT CLARIFIED TONIGHT? WE HAVE THE OUTSTANDING ITEM OF A BOUTIQUE HOTEL VERSUS THE RESIDENCE INN.

I WOULD...

DISLIKE SOME CLARITY ON HOW YOU WOULD LIKE TO APPROACH THAT? I MEAN, I CAN GET YOU A LIST, BUT WHEN WE COME BACK UP, I CAN GET YOU A LIST OF ALL THE HOTELS AND THE RATINGS, AND YOU CAN, I GUESS, DECIDE IF THE TOWN'S OKAY LIVING WITH THE COMMITMENT WE'VE MADE, WHICH IS BETTER THAN YOU HAVE NOW, UPSCALE OR BETTER.

I THINK WE NEED TO STICK TO THE ISSUES.

WE NEED TO STICK TO THE ZONING, AND BOUTIQUE, AS A DEFINITION, WAS NOT INCLUDED IN THE REGULAR ZONING.

IT'S BEEN WHAT PEOPLE THINK THEY THINK THEY WANT, BUT WE DON'T HAVE THE POWER TO MAKE YOU BRING A BOUTIQUE HOTEL, WHICH IF I READ IN THE PACKET RIGHT, IS USUALLY A SMALLER HOTEL, MAYBE UP TO 100 ROOMS, AND USUALLY OWNED BY A HOTELIER WHO IS UNIQUE.

NOT A BRAND, NOT MULTI-LOCATIONS.

IT'S USUALLY LIKE ONE SPECIAL LITTLE, LIKE THE STONELY IN DALLAS MAYBE? IS THAT A BOUTIQUE HOTEL? I THINK THAT WAS ORIGINALLY SMALLER AND ORIGINALLY INDEPENDENTLY OWNED.

SO I DON'T THINK WE'RE GOING TO GET THERE.

BRYNN, IS THAT CORRECT? I MEAN, CAN WE...

BE MORE SPECIFIC ON THIS? WE CAN BE MORE SPECIFIC, BUT IT NEEDS TO BE THE DEVELOPMENT CRITERIA-BASED SPECIFICITY.

THROUGH THESE EXCEPTIONS, CORRECT? IT'S OUTLINED THROUGH HOW WE NEGOTIATE THESE EXCEPTIONS, CORRECT? THAT'S RIGHT.

I JUST WANT TO CLARIFY THAT.

SO BY LOOKING AT OUR EXCEPTIONS, WE CAN FIGURE OUT HOW TO GET THE TYPE OF HOTEL WE WANT WITHOUT SAYING SPECIFIC BRAND, CORRECT? I'M HAPPY TO COME BACK WITH A 380 AGREEMENT WITH THE BRAND AND SEE IF...

NO, THAT'S NOT WHAT I WAS SAYING.

NO, NO 380S.

NO, JIMMY, NO 380S.

I WOULD USE THAT.

THAT'S NOT WHAT I WAS SUGGESTING.

SO, YEAH, JIMMY, IF YOU COULD IRON OUT THE SQUARE FOOTAGE AND THEN JUST TELL ME ABOUT THE UPSCALE BRANDS, THEN LET'S START WITH THAT.

OPPORTUNITY TO ADD THAT AS AN AMENITY FOR THE RESIDENTS AND THE HOTEL GUESTS? NO, WE'RE NOT INTERESTED IN THAT.

THANKS.

WILL YOU REPEAT THAT, CHRIS? THE ROOFTOP BAR.

[03:30:02]

929 AND I'M CLOSING THIS PUBLIC HEARING.

WE'RE GOING TO TAKE

[*A portion of this meeting is without audio*]

[K.3. Solid Waste Contract Renewal - Consider adopting, on first reading, an ordinance amending Ordinance 26-16 of the Town of Flower Mound, Texas which adopted a Solid Waste Franchise Agreement with Allied Waste Services of Fort Worth, LLC dba Republic Services. By adding and defining a new residential green waste service, updating observed holidays, revising rates and pricing for services, modifying customer discount provisions, adjusting the annual capital contribution, and establishing a five-year renewal term. ]

ABOUT FIVE MINUTES TO BREAK AND THEN WE ARE GOING TO GO TO ITEM K1.

THERE'S ONCE A MONTH LANDFILL ACCESS FREE OF CHARGE TO OUR RESIDENTS FOR UP TO 10 CUBIC YARDS.

THEY ALSO SERVICE OUR TOWN FACILITIES AT NO ADDITIONAL CHARGE.

CURRENTLY, THEY OBSERVE A HOLIDAY SCHEDULE OF SIX HOLIDAYS, WHICH INCLUDE NEW YEAR'S DAY, MEMORIAL DAY, INDEPENDENCE DAY, LABOR DAY, THANKSGIVING DAY, AND CHRISTMAS DAY.

WE ALSO HAVE A SLUDGE DISPOSAL AVAILABLE AT TOWN REQUEST.

WITH THE FINE RATES IN THIS CONTRACT.

OUR CURRENT PRICING STRUCTURE WITH THEM, CURRENTLY IN 2016, THE BASE RATE WAS $11.69.

CURRENT RESIDENTS PAY $16.05, AND WE HAVE A 2.6% ANNUAL INCREASE YEARLY ON THAT CONTRACT.

REPUBLIC ALSO OFFERS A $1.50 SENIOR DISCOUNT CURRENTLY.

THEY ALSO GIVE US A CONTRIBUTION FOR OUR CUSTOMER SERVICE.

DIVISION, WHICH GOES INTO THE GENERAL FUND EVERY YEAR.

IN 2025, IT WAS JUST UNDER $101,000.

OUR CURRENT RATE FOR SLUDGE DISPOSAL IS $237.19 PER HAUL FOR UP TO FOUR TONS, WITH A DISPOSAL CHARGE OF $25 PER TON.

THE PROPOSED CHANGES IN TODAY'S AMENDMENT.

WE'RE PROPOSING TO REDUCE THE HOLIDAY SCHEDULE FOR LESS DISRUPTION TO RESIDENTS.

THE PROPOSED HOLIDAYS WOULD BE THREE.

IT WOULD BE NEW YEAR'S DAY, THANKSGIVING, AND CHRISTMAS.

THERE'S ALSO UPDATED SLUDGE TRANSPORTATION AND DISPOSAL RATES.

THERE IS AN INCREASED BASE RATE AS WELL AS AN INCREASED ANNUAL ESCALATOR.

WE'VE ALSO REQUESTED THAT REPUBLIC INCREASE THE SENIOR DISCOUNT FROM $1.50 TO $2 A MONTH.

THE ANNUAL CONTRIBUTION TO OUR CUSTOMER RELATIONS FUND WOULD BE JUST UNDER $106,000 THIS YEAR WITH A 5% ANNUAL INCREASE.

WE'VE ALSO, AT THE BEHEST OF TOWN COUNCIL, WE'VE WORKED TO ADD A GREEN WASTE COLLECTION SERVICE TO THIS.

NOW HERE'S A SIDE-BY-SIDE OF WHAT WE'RE PROPOSING TONIGHT VERSUS THE CURRENT RATES.

CURRENTLY, RESIDENTS PAY $16.05 A MONTH.

THE PROPOSED RATE BEGINNING OCTOBER 1, 2026 WOULD BE $18.72.

WE CURRENTLY ARE ON A 2.6% ANNUAL INCREASE.

THE PROPOSED INCREASE BEGINNING OCTOBER 1, 2027 WOULD BE 5%.

AS I STATED, WE OBSERVE SIX HOLIDAYS CURRENTLY.

WE'RE REQUESTING TO REDUCE THAT TO THREE OBSERVED HOLIDAYS.

WE CURRENTLY DO OFFER WEEKLY BULK WITH REPUBLIC.

WHILE THEY DO PICK UP WHAT'S CONSIDERED GREEN WASTE, IT GOES TO THE LANDFILL.

SO WE'RE PROPOSING THAT WE ADD A TWICE ANNUAL GREEN WASTE PROGRAM THAT WILL DIVERT THAT WASTE TO A RECYCLING FACILITY.

AND I'LL NOTE THAT IT WOULD REPLACE BULK DURING THOSE TIME PERIODS.

CURRENTLY, WE PAY $237.19 PER HAUL WITH A $25 PER TON DISPOSAL FEE.

THE PROPOSED RATES WOULD GO TO $285 A HAUL WITH A DISPOSAL CHARGE OF $40 PER TON.

WE ALSO HAVE AN INCREASED SENIOR DISCOUNT FROM $1.50 TO $2.

[03:35:01]

AND AGAIN, THE CUSTOMER RELATIONS CONTRIBUTION WOULD GO UP FROM JUST UNDER $101,000 THIS YEAR TO ROUGHLY UNDER $106,000 THIS COMING YEAR.

WITH A 5% INCREASE ANNUALLY.

NOW LET'S JUST TOUCH ON GREEN WASTE BRIEFLY BECAUSE I KNOW THAT THIS IS SOMETHING THAT COUNCILS TALKED ABOUT IN THE PAST.

CURRENTLY WE DEFINE GREEN WASTE AS PLANT-BASED YARD DEBRIS THAT'S GRASS CLIPPINGS AND LEAVES PLACED IN DISPOSABLE MULCH BAGS AS WELL AS BRANCHES AND OTHER COMPOSTABLE VEGETATION THAT CAN BE BUNDLED.

AS I'VE STATED, CURRENTLY TO DATE WE DO OFFER THAT SERVICE TO RESIDENTS, HOWEVER IT GOES INTO THE LANDFILL.

SO WHEN THEY'RE PUTTING THAT DEBRIS OUT FROM THEIR YARD, IT'S GOING INTO THE LANDFILL.

WHAT WE'RE PROPOSING TO DO IS TO START DOING A BIANNUAL AND SEND IT TO A MULCH FACILITY TWICE A YEAR.

NOW THIS WAS SOMETHING THAT WE DID AT COUNCIL'S DIRECTION.

WE DID RUN A PILOT PROGRAM, AS SOME OF YOU MAY REMEMBER, IN 2024.

THERE DID REMAIN INTEREST AFTER WE DID THAT PILOT PROGRAM, BUT WITH THE DESIRE TO KEEP THE COST LOW FOR OUR RESIDENTS.

WHICH YOU'LL SEE TODAY'S AMENDMENT DOES DO.

WE ARE DOING THIS WITH NO COST TO THE RESIDENTS.

THE BIGGEST RECOMMENDATION WE'RE MAKING TODAY TO YOU IN REFERENCE TO THIS IS IN ORDER TO AVOID HAVING TO HAVE REPUBLIC PURCHASE NEW VEHICLES AS WELL AS INCREASE STAFFING, REPUBLIC HAS SUGGESTED THAT WE SWAP OUT SOME OF OUR BULK PICKUPS FOR THAT GREENWAY SERVICE.

SO THERE ARE SEVERAL FREQUENCY OPTIONS THAT ARE AVAILABLE TO DO THIS, BUT FOR THE BIGGEST IMPACT AFTER SPEAKING WITH STAFF AND OUR COMMUNICATIONS TEAM, THE BIGGEST IMPACT WAS TO GO TO A TWICE ANNUAL SEASONAL WASTE, GREEN WASTE COLLECTION.

SO OUR THOUGHT IS ONE MONTH IN THE SPRING, ONE MONTH IN THE FALL, AND THESE MONTHS WILL BE SELECTED BASED ON SEASONAL FACTORS.

SO WHEN WE NOTICE THAT THE LEAVES ARE BEGINNING TO FALL, WE CAN ACTIVATE THAT SERVICE WITH THEM.

THEY NEED ABOUT A 30-DAY LEAD TIME FOR THAT.

DURING THESE TWO MONTHS OF GREEN WASTE, RESIDENTS STILL DO HAVE OPTIONS TO GET RID OF THE BULK PICKUP AS WE WON'T BE RUNNING BULK DURING THOSE WEEKS.

THE FIRST OPTION IS THEY CAN PLACE IT OUT PRIOR TO THOSE WEEKS OR ONCE BULK SERVICES RESUME AFTER THAT PERIOD.

THEY ALSO HAVE THE OPTION TO PAY FOR A SPECIAL PAY PILE PICKUP.

AND THIRDLY, THEY WILL STILL HAVE ACCESS TO THE LANDFILL FREE OF CHARGE ONCE A MONTH.

NOW I'LL HAND IT OVER TO JERRY JUST TO SPEAK A LITTLE MORE ABOUT THESE CHANGES.

I'M GOING TO MAKE THIS REALLY FAST FOR YOU GUYS BECAUSE YOU'VE BEEN HERE A LONG TIME.

SO SOME OF THE THINGS THAT WE, WHEN WE MET WITH STAFF AND TALKED ABOUT THE GREEN WASTE PROGRAM AND NOT ADDING EMISSIONS, I KNEW THAT WAS IMPORTANT TO SOME.

BUT GIVING THE RESIDENTS THAT OPTION, ALSO KEEPING IT OUT OF THE LANDFILL IS A GOOD THING.

IT'S NO SECRET.

OUR COSTS HAVE GONE UP MORE THAN 2.6% EVERY YEAR.

EVERY TIME I COME AND TALK TO YOU, I TELL YOU MY COSTS ARE GOING UP.

SO THAT'S KIND OF, YOU KNOW, THE BASIS OF WHERE WE CAME UP WITH THE AMOUNT.

THE AMOUNT OF FREE SERVICE THAT THE TOWN OF FLOWER MOUND GETS, LAST YEAR WAS 96 FREE ROLL-OFF HALLS.

THAT'S A LOT.

YOUR CONTRACT ACTUALLY ONLY SAID 25.

SO THE GOOD THING IS I CAN ACTUALLY STAND HERE AND TELL YOU THERE'S NO DOUBT THAT WE'VE BEEN A GOOD PARTNER.

WE DO ANNUAL BROCHURES FOR THE RESIDENTS.

WE DO FREE ROLL-OFFS FOR KEEP FLOWER MOUND BEAUTIFUL.

I'VE PAID FOR THE ELECTRONIC RECYCLING FOR KEEP FLOWER MOUND BEAUTIFUL WHEN THEY LOST THEIR DEAL WITH BEST BUY.

REPUBLIC STEPPED IN AND WE TOOK CARE OF IT.

WE SUPPORT AND SPONSOR A LOT OF COMMUNITY EVENTS THROUGH THE CROSS TIMBERS ROTARY, THE LOUISVILLE ROTARY THAT DOES A LOT OF THINGS IN FLOWER MOUND AS WELL.

SO WE DO A LOT OF THAT.

WE ARE MEMBERS OF THE CHAMBER OF COMMERCE.

I DO A LOT WITH BOY SCOUTS, GIRL SCOUTS, THE SUMMIT CLUB.

THAT'S JUST KIND OF A FEW OF WHAT WE DO HERE.

WE HAVE THE OPTION TO HAVE MULTIPLE LANDFILLS, AND I'VE EXPLAINED TO YOU GUYS BEFORE.

THE REASON IT'S IMPORTANT FOR THAT IS SOMEBODY THAT DOESN'T OWN THEIR LANDFILL OR HAVE A LIFE-AS-SITE LANDFILL CAN LEAVE YOUR RESIDENCE IN A REAL BIG PROBLEM.

AND SO THAT'S REALLY IMPORTANT.

WE HAVE MULTIPLE RECYCLE FACILITIES IN THE AREA, AND IT DOESN'T HURT THAT THE MANAGER OF YOUR CONTRACT LIVES IN FLOWER MOUND AND IS A RESIDENT.

AND IN THREE YEARS.

THAT SENIOR DISCOUNT IS GOING TO BE VERY IMPORTANT TO ME.

BUT WE DO RECOGNIZE PEOPLE THAT LIVE ON FIXED INCOMES, AND WE HAVE THOSE IN FLOWER MOUNDS, SO WE DO REALIZE.

AND SO WHEN WE OVERALL SAT DOWN AND LOOKED AT EVERYTHING WITH STAFF, WE TOOK THAT CONTRACT APART 10 WAYS TO SUNDAY.

BUT ONE OF THE BIGGEST THINGS WAS HAVING THE LANDFILLS, HAVING THE RECYCLED FACILITIES, BEING THE COMMUNITY PARTNERS.

AND DOING ALL THE THINGS THAT WE DO.

[03:40:02]

FLOWER MOUND HAS A GREAT STAFF.

THEY MAKE IT VERY EASY TO WORK WITH THEM, BUT THEY DO HOLD US ACCOUNTABLE.

SO I'M NOT PLANNING ON MOVING, SO I'M STILL GOING TO LIVE HERE, AND I'M STILL GOING TO MANAGE YOUR CONTRACT.

SO ODDLY ENOUGH, AS YOU WERE GOING THROUGH WITH THE HOTEL, I LAUGHED.

I SAT OVER HERE, AND I LITERALLY LAUGHED.

THE LAST TIME YOU CAME UP, OUR CONTRACT WAS ON.

WE HAD THE QT AND WE WERE TALKING ABOUT A RED STRIPE AND I'VE NEVER SEEN SO MANY PEOPLE BE SO UPSET OVER A RED STRIPE AT A QT IN MY LIFE.

TONIGHT, I COULDN'T BELIEVE THAT THAT MANY PEOPLE WERE THAT UPSET ABOUT A RESIDENCE IN, BUT OKAY, I DO UNDERSTAND IT.

JUST BEING, LIVING IN THE COMMUNITY AND UNDERSTANDING COMMUNITY.

SO I'VE ACTUALLY MANAGED THIS CONTRACT FOR 19 YEARS, MINUS THE FIVE YEARS YOU WENT WITH BIG GREEN.

WHICH, YOU KNOW, YOU WON'T DO THAT AGAIN.

SO IT IS, AND THIS IS A VERY IMPORTANT CONTRACT TO ME.

IT'S MY COMMUNITY.

IT MEANS A LOT.

BUT BEING INVOLVED MEANS A LOT TO THE COMPANY AND DOING ALL THE THINGS THAT WE DO.

SO THAT'S IT FOR ME.

I'M GOING TO GO FIRST QUICKLY.

GREAT PRESENTATION.

THANK YOU, JERRY.

YOU'RE AWESOME.

I'M ON BOARD WITH THE CHANGES.

I UNDERSTAND THE EXPENSES THAT NEED TO INCREASE.

OBVIOUSLY, ALL OF US HAVE TO PAY FOR MORE GAS, EVEN THINGS LIKE THAT.

I DO WANT TO TELL YOU ONE THING MAYBE YOU WEREN'T EXPECTING TO HEAR TONIGHT, BUT IN THE MIDST OF ALL THESE OTHER EMAILS, I ACTUALLY HEARD FROM A RESIDENT TODAY WHO TOLD ME HOW HAPPY SHE IS WITH REPUBLIC.

AND SHE SAID, THOSE GUYS THAT COME AND TAKE AWAY MY STUFF ARE THE HAPPIEST PEOPLE.

THEY'RE SO NICE, SO FRIENDLY, SO PROFESSIONAL.

SHE SAID, AND TO ME, THAT SAYS REPUBLIC TAKES CARE OF THEIR PEOPLE.

SO WHEN YOU TAKE CARE OF THEIR PEOPLE, THEY'RE GOING TO DO A GOOD JOB.

AND I JUST WANTED YOU TO HEAR THAT.

SO THANK YOU.

THANK YOU VERY MUCH.

I APPRECIATE THAT.

I SECOND THAT ALSO, THAT YOUR CARRIERS ARE VERY FRIENDLY.

MY HUSBAND IS CHATTING WITH THEM ALL THE TIME.

VERY SWEET PEOPLE.

ALSO, THANK YOU FOR DOING THE GREEN WASTE.

THAT WILL BE VERY, VERY HELPFUL.

THAT HELPS MY RECYCLING HEART TO KNOW THAT IT WILL BE GOING TO BE RECYCLED RATHER THAN IN THE LANDFILL.

ALL RIGHT, SO I JUST WANT TO SAY THANK YOU FOR PRESENTING.

CHRIS, DO YOU HAVE SOMETHING TO SAY? A LOT OF TRASH, AND I THINK MY TRASH GUYS PROBABLY HATE ME, BUT THEY DO IT WITH A SMILE, AND I APPRECIATE REPUBLIC FOR ALL THE WORK THEY DO.

ANY OTHER COUNSEL? I MOVE TO APPROVE ON FIRST READING AN ORDINANCE AMENDING ORDINANCE 26-16 OF THE TOWN OF FLOWER MOUND, TEXAS, WHICH ADOPTED A SOLID WASTE AGREEMENT WITH REPUBLIC SERVICES.

SECOND.

OKAY, WE HAVE A MOTION AND A SECOND.

LET'S TAKE THE ROLL.

COUNCIL MEMBER WARNER.

COUNCIL MEMBER TAYLOR.

MAYOR PRO TEM MARTIN.

DEPUTY MAYOR PRO TEM SHEASTALL.

COUNCIL MEMBER DREW.

ITEM K-3 PASSES BY UNANIMOUS VOTE.

[K.1. Impact Fee Financial Audit - Public Hearing to present the impact fee financial audit, as required by Chapter 395 of the Texas Local Government Code ]

THANK YOU ALL.

THANK YOU VERY MUCH.

THANKS FOR BEING SO PATIENT TONIGHT.

I APPRECIATE IT.

APPRECIATE IT, JILL.

IS PRESENTING ON IMPACT FEE FINANCIAL AUDITS AND THIS IS A PUBLIC HEARING BY THE WAY RIGHT GOOD EVENING MAYOR MOORE MAYOR DEPUTY MAYOR PRO TEM MEMBERS OF TOWN COUNCIL LEE RODRIGUEZ CIP AND TOURIST MANAGER THANK YOU FOR THE OPPORTUNITY TO BE IN FRONT OF YOU UH THIS EVENING I'M GONNA WALK YOU THROUGH THE ROADWAY WATER AND SEWER IMPACT FEE AUDIT UM AS YOU JUST MENTIONED UM AS YOU KNOW, WE'VE BEEN DISCUSSING WITH YOU THE PROCESS OF UPDATING OUR IMPACT FEES.

LET'S GO TO ITEM K-1.

LEE RODRIGUEZ.

BEEN HERE A COUPLE OF TIMES WITH THE DIFFERENT ITERATIONS AND STEPS NEEDED TO WALK YOU THROUGH THAT PROCESS.

AS PART OF THE LEGISLATIVE CHANGES THAT WERE PASSED IN SEPTEMBER OF LAST YEAR, ONE OF THE REQUIREMENTS FOR INCREASING OUR EXISTING IMPACT FEES OR ADOPTING A NEW IMPACT FEE IS THAT WE MUST CONDUCT AN INDEPENDENT FINANCIAL AUDIT.

IN ADDITION, WE MUST SUBMIT THE AUDIT TO THE CAPITAL IMPROVEMENT ADVISORY COMMITTEE, HOLD A PUBLIC HEARING ON THE AUDIT, AND WITHIN THE LEGISLATIVE UPDATE, CHAPTER 395, IT LISTS 10 ITEMS THAT A CERTIFIED PUBLIC ACCOUNTANT SHOULD PERFORM TO ENSURE THAT THE TOWN IS

[03:45:02]

FOLLOWING THESE PROCEDURES.

I'LL TOUCH ON THESE BRIEFLY HERE IN JUST A MINUTE FOR YOU.

WE DID GO THROUGH THE AUDIT AS A PROCESS OF UPDATING OUR IMPACT FEES.

HERE IS SOME OF THE DETAILS.

THAT WERE INCLUDED WITH THE AUDIT.

IT RANGED FROM THE PERIOD OF FISCAL YEAR 2021 TO FISCAL YEAR 23-24, WHICH REPRESENTS THE LAST TIME THE TOWN UPDATED OUR IMPACT FEES.

I MENTIONED IT WAS FOR ROADWAY, WATER, AND SEWER, AND THE AUDIT REQUIREMENT WAS TREATED AS AN AGREED-UPON PROCEDURES ENGAGEMENT PERTAINING TO THE 10 PROCEDURES OUTLINED IN SENATE BILL 1883.

AUDIT REPORT IS GOING TO LIST THE FULL PROCEDURES PERFORMED.

I'M GOING TO TOUCH ON THEM ON A HIGH LEVEL, BUT HAPPY TO ANSWER ANY QUESTIONS THAT YOU MAY HAVE.

SO HERE ARE THE PROCEDURES THAT I MENTIONED THAT THE TOWN WENT THROUGH WITH THE INDEPENDENT AUDITOR.

SO THIS IS LAID OUT DIRECTLY FROM CHAPTER 395.

THESE ARE THE PROCEDURES THAT WE WERE AUDITED ON FROM THE INDEPENDENT FINANCIAL AUDITOR.

I'M NOT GOING TO SPEND A WHOLE LOT OF TIME WITH THOSE THAT YOU SEE IN GREEN.

THERE WERE NO FINDINGS, NO COMMENTS OR ANYTHING THAT YOU SEE IN GREEN HERE.

BUT FOR THOSE TWO IN BLACK, THERE WERE A COUPLE OF COMMENTS AND FINDINGS THAT WERE NOTED BY THE AUDITOR AND CALLED OUT SPECIFICALLY.

SO I'M GOING TO SPEND KIND OF THE NEXT COUPLE OF SLIDES TALKING ABOUT THOSE SPECIFICALLY.

SO FOR THE FIRST FINDING, IT WAS ON THE FIRST PROCEDURE FROM THE LIST THAT I JUST REFERENCED.

THE PROCEDURE WAS FOR THE AMOUNT OF FUNDS COLLECTED FROM ANY IMPACT FEE IMPOSED BY THE POLITICAL SUBDIVISION IN THE SERVICE AREA.

SO WE HAVE THE FINDINGS HERE LISTED ON YOUR LEFT-HAND SIDE OF YOUR MONITOR, AND THEN WE LISTED KIND OF A TOWN RESPONSE PLAN AS WELL TO SUPPORT OR COME UP WITH A PLAN, I GUESS, IN RESPONSE TO THAT FINDING.

SO I'LL READ THROUGH THEM HERE.

FIRST ONE THERE IS THE TOWN CANNOT LOCATE SUPPORT FOR ONE OF THE 40 PERMITS THAT WERE SELECTED.

SO WE'RE GOING TO ENSURE THAT OUR PROPER RECORD KEEPING AND RETENTION IS HAPPENING MOVING FORWARD AND PROVIDE TRAINING ON OUR PROCESS IF NEEDED.

SECONDLY, THERE IS ONE OF THE PERMITS SELECTED WAS RECORDED AS REVENUE IN THE LAKESIDE SERVICE AREA, BUT SHOULD HAVE BEEN RECORDED IN THE LONG PRAIRIE AREA.

SO WE'RE GOING TO MAKE SURE TO REALLOCATE THAT REVENUE.

ACCORDINGLY TO THE CORRECT SERVICE AREA AND ENSURE REVENUE IS RECORDED CORRECTLY INITIALLY MOVING FORWARD.

AND THEN LASTLY HERE, ONE PERMIT SELECTED WAS CHARGED SIX DOLLARS MORE THAN THE TOWN'S FEE SCHEDULE AND TO ADDRESS THAT WITH TOWN STAFF IS GOING TO WORK TO MINIMIZE THOSE CLERICAL ERRORS IN THE FUTURE.

THIS YEAR THE FINDING I MENTIONED ON THE PREVIOUS SLIDE MENTIONED THE BACKUP DOCUMENTATION FOR OUR PERMITS.

I JUST WANTED TO GIVE YOU AN EXAMPLE HERE OF WHAT THAT BACKUP DOCUMENTATION LOOKS LIKE.

SO THIS IS SUPPORT THAT WE KEEP ON FILE FOR EACH OF OUR BUILDING PERMITS AS IT RELATES TO OUR IMPACT FEES.

AS I MENTIONED, WE'LL WORK TO MAKE SURE WE RETAIN THESE FOR THE NECESSARY PERIOD OF TIME MOVING FORWARD.

THE SECOND FINDING HERE WAS ON THE THIRD PROCEDURE, AND THAT WAS FOR, I'LL READ IT HERE FOR YOU.

IT'S THAT ANY OF THE PROPOSED CAPITAL IMPROVEMENTS OR FACILITY EXPANSIONS TO BE FINANCED FROM AN IMPACT FEE COLLECTED BY THE POLITICAL SUBDIVISION IN THE SERVICE AREA THAT WERE NOT CONSTRUCTED.

SO THE AUDIT REPORT ACTUALLY GROUPED THIS AS ONE FINDING.

WE KIND OF SEPARATED THEM HERE JUST TO ADDRESS EACH OF THEM SEPARATELY FOR YOU.

BUT THE CODE STATES THE POLITICAL SUBDIVISION SHALL REFUND ANY IMPACT FEE OR PART OF IT THAT IS NOT SPENT AS AUTHORIZED BY THIS CHAPTER WITHIN 10 YEARS AFTER THE DATE OF PAYMENT.

THE TOWN IS NOT CURRENTLY TRACKING THIS 10-YEAR REQUIREMENT.

SO IN TERMS OF THE TOWN RESPONSE PLAN, WE'RE GOING TO ASSESS OUR EXISTING TRACKING MECHANISM, AND WE'RE GOING TO EXAMINE AND MODIFY IT ACCORDINGLY TO MAKE SURE WE'RE IN COMPLIANCE.

AND ADDITIONALLY, WE'RE GOING TO PERFORM A RECONCILIATION OF IMPACT FEE PROJECTS AND FUNDING ALONG WITH INTERNAL FUNDING REALLOCATIONS IF NEEDED, ONCE AGAIN, TO MAKE SURE WE'RE IN COMPLIANCE.

SECONDLY HERE, A NUMBER OF THE CAPITAL IMPROVEMENT PROJECTS ARE NOT EXPECTED TO BE COMPLETED WITHIN THE 10-YEAR WINDOW.

AND THIS IS REALLY JUST MORE OF A RESPONSE HERE, BUT THIS CAN HAPPEN AT TIMES WHEN DEVELOPMENT DOESN'T OCCUR AS ANTICIPATED OR WHEN PRIORITIES ON CAPITAL PROJECTS SHIFT.

AND THEN LASTLY HERE, ONE PROJECT WAS PAID FOR BY A DEVELOPER, BUT THIS WAS NOT FACTORED INTO THE IMPACT FEE STUDY.

THIS PROJECT WAS REMOVED FROM THE PRECEDING IMPACT FEE UPDATE, REMOVING THE PROJECT FROM ANY FUTURE IMPACT FEE CALCULATIONS.

THAT ADDRESSES ALL

[03:50:01]

OF THE FINDINGS WITH THIS IMPACT FEE AUDIT.

THERE IS NO ACTION REQUIRED FROM THE COUNCIL ON THIS ITEM THIS EVENING, BUT HAPPY TO ANSWER ANY QUESTIONS, IF ANY, THAT YOU MAY HAVE.

I DON'T HAVE ANY.

CHRIS, DO YOU HAVE ANY QUESTIONS? CHRIS, DO YOU HAVE ANY QUESTIONS? OKAY.

THANKS, LEE.

GOOD JOB.

HEY, I JUST HAVE ONE QUESTION.

SO THE STATE IMPOSED THIS STUDY, AND HOW MUCH DID THIS COST US? YES, SIR, ABOUT $20,000.

OKAY, AND IS THIS FUNDED BY IMPACT FEES? IT IS.

THE STATE DOES SPECIFICALLY CALL OUT THAT THIS CAN BE FUNDED BY IMPACT FEES, AND THE TOWN DID PAY FOR IT THROUGH THE IMPACT FEES.

AND WHAT WAS THE CADENCE ON HOW OFTEN WE HAVE TO REPEAT THIS? I'M SORRY.

ANYTIME, AT MINIMUM, IT WOULD BE THREE.

IT'S EVERY TIME YOU INCREASE OR CHANGE YOUR IMPACT FEES, AND THE MINIMUM TIME YOU CAN DO THAT IS WITHIN THREE YEARS.

OKAY, SO NO MORE THAN EVERY THREE YEARS.

ALL RIGHT, COOL.

I JUST HAVE ONE QUICK QUESTION.

I APPRECIATE IT.

THANK YOU FOR DOING THIS.

SO NORMALLY WHEN WE HAVE AN AUDIT REPORT, WE PASS A FLYING COLORS, NO FINDINGS, EVERYTHING'S GREAT.

HERE WE HAD A COUPLE OF MINOR THINGS, AND IS THAT DUE TO NEW REQUIREMENTS FROM THE STATE? AND THAT'S JUST CATCHING UP WITH THOSE REQUIREMENTS OR.

IS THERE ANOTHER PERSPECTIVE YOU CAN OFFER ON THAT? SO I'LL ANSWER THIS, AND CERTAINLY, JOHN, IF YOU HAVE ANYTHING TO ADD ON, FEEL FREE.

BUT I THINK I HAVE AN IDEA.

THIS IS A COMPLETELY NEW AUDIT REQUIREMENT, SO I DO SUSPECT THAT THAT'S A REASON WHY A LOT OF THESE FINDINGS.

IT IS SEPARATE FROM OUR ANNUAL AUDIT THAT WE PERFORM EVERY YEAR, SO THIS LOOKS AT IMPACT FEES IN A MUCH MORE DETAILED WAY THAT WE HAVEN'T PREVIOUSLY.

I CAN SAY THAT A COUPLE OF THE FINDINGS THAT WERE POINTED OUT, OUR AUDITOR DID MENTION TO ME THAT THESE ARE THE SAME FINDINGS THEY'RE SEEING FROM A LOT OF CITIES WITHIN TEXAS, WITH THIS BEING A NEW REQUIREMENT.

SO I DO SUSPECT WITH IT JUST BEING A NEW REQUIREMENT, THAT'S WHY YOU'RE SEEING THESE.

OKAY, THANKS.

THANK YOU SO MUCH, LEE.

NOW, THIS IS A PUBLIC HEARING, SO I AM GOING TO OPEN IT UP FOR ANY PUBLIC COMMENT.

DOES ANYONE WISH TO COME FORWARD? WE DON'T HAVE ANY PUBLIC COMMENT CARDS, CORRECT? YES, THE TIME IS 10.04, SO I'M OPENING THIS UP.

WE HAVE NO TAKERS, SO I'M CLOSING THIS.

AND IF THERE'S NO COMMENTS, WE DON'T HAVE ANY ACTION

[K.2. Roadway, Water, & Sewer Impact Fees - Public Hearing to consider the approval of an ordinance adopting updated land use assumptions and updated capital improvements plans, and to update and amend certain provisions of Chapter 42, “Impact Fees,” regarding the imposition of impact fees and amending Appendix A, “Fee Schedule”, accordingly. ]

TO TAKE, SO WE CAN MOVE FORWARD.

ALL RIGHT.

THANK YOU SO MUCH, LEE, AGAIN.

OKAY, WE'RE GOING TO MOVE ON TO ITEM K-2.

BOB PEGG IS GOING TO PRESENT ON THIS.

I'M ACTUALLY GOING TO INTRODUCE KIMLEY HORN HERE FOR US.

OH, YOU ARE? OKAY.

YES, MA'AM.

OKAY, SO THIS IS OUR ROADWAY WATER AND SEWER IMPACT FEES.

YES, MA'AM.

AS YOU KNOW, WE'VE BEEN WORKING CLOSELY WITH KIMLEY HORN ON OUR IMPACT FEE UPDATE.

WE DO HAVE CONNOR MANLEY, PROFESSIONAL ENGINEER, AND PETE KELLY, PROFESSIONAL ENGINEER, HERE WITH US AGAIN THIS EVENING TO WALK US THROUGH THE IMPACT FEE UPDATE.

SO WITH THAT, I'M GOING TO TURN IT OVER TO THEM TO WALK US THROUGH THIS ITEM.

GOOD EVENING, MAYOR AND COUNCIL.

I'M PETE KELLY, A PROFESSIONAL ENGINEER WITH KIMLEY HORN, RESPONSIBLE FOR THE ROADWAY IMPACT FEE STUDY.

HERE WITH MY PARTNERS, CONNOR AND KYLE.

YOU'LL GET A CHANCE TO HEAR FROM CONNOR TALKING ABOUT THE WATER AND WASTEWATER IMPACT FEE STUDIES TONIGHT.

WE'VE MET WITH YOU A COUPLE OF TIMES TO TALK ABOUT THIS STUDY.

WE'VE POSTED IT ONLINE.

WE RECEIVED SOME COMMENTS, AND SO WE WANTED TO GO, REALLY TODAY, NOT GOING BACK THROUGH THE STEPS OF HOW EVERYTHING IS CALCULATED.

AND ALL THE INGREDIENTS IN THE STUDY, BUT JUST WANTED TO SHOW YOU THE UPDATED RESULTS AND PROVIDE YOU THE OPPORTUNITY TO TAKE ACTION ON THE STUDY AND ALSO ASK QUESTIONS OF US IF NEEDED.

SO ONE OF THE THINGS THAT HAPPENED IS THE TOWN STAFF MET WITH DEVELOPMENT, MORE SPECIFICALLY OUT IN THE WEST SIDE OF THE TOWN TO RECEIVE SOME UPDATED FEEDBACK AND TO DIRECT US TO REVISE OUR GROWTH ASSUMPTIONS, SHOWING A LITTLE BIT MORE GROWTH IN THE TENURE WINDOW OUT IN THAT SIDE OF TOWN, AND ALSO A FEW UPDATES TO THE CAPITAL IMPROVEMENTS PLAN, WHICH WE CAN GO OVER THOSE DETAILS, ANY QUESTIONS YOU HAVE ON THOSE IF YOU'D LIKE.

BUT JUST SHOWING ON THIS SLIDE AN UPDATE OF THE GROWTH PROJECTIONS.

WE ARE LOOKING AT THE SAME EXISTING AND BUILD-OUT PROJECTIONS, IN ESSENCE, THAT WE SHOWED YOU LAST TIME.

FOR THE 10-YEAR GROWTH, WE'RE LOOKING AT A POPULATION OF JUST OVER 101,000 PERSONS AND EMPLOYMENT AT JUST OVER 26 MILLION SQUARE FEET FOR THOSE PROJECTIONS.

SO IT'S SLIGHTLY MORE GROWTH IN THE 10-YEAR WINDOW THAN WE WERE PROJECTING PREVIOUSLY.

JUST GOING OVER THE CAPITAL IMPROVEMENTS PLANS THAT YOU'LL BE LOOKING AT AND CONSIDERING FOR APPROVAL TONIGHT.

AGAIN, THESE ARE ALL BASED OFF OF THE MASTER THOROUGHFARE

[03:55:03]

PLAN AND THE WATER AND WASTEWATER MASTER PLANS PER STATE LAW.

SO THIS IS THE ROADWAY IMPACT FEE, CIP.

THE CHANGES THAT HAVE OCCURRED SINCE THE PREVIOUS VERSION AND THE VERSION YOU SEE TONIGHT HAVE BEEN IN SERVICE AREA C, INCLUDING THE REMOVAL OF TWO PROJECTS AND UPDATING COSTING BASED ON MORE RECENT INFORMATION AND THE INCLUSION OF COUNTY FUNDING IN SOME OF THOSE PROJECTS.

HERE'S A TABLE THAT SHOWS THE IMPACT OF THE CHANGES TO THE CIP COSTS AND ALSO TO THE GROWTH IN SERVICE UNITS.

AGAIN, THAT'S IN VEHICLE MILES FOR THE ROADWAY IMPACT FEE STUDY.

SO THIS SHOWS, AGAIN, SERVICE AREAS A AND B, THE COST AND THE SERVICE UNITS ARE THE SAME AS YOU'VE SEEN BEFORE.

SERVICE AREA C, THE RECOVERABLE COST IS DOWN TO JUST OVER $131 MILLION FOR THAT RECOVERABLE COST, AND THE GROWTH IN SERVICE UNITS GOT QUITE A JUMP.

THERE TO 44,552 VEHICLE MILES OVER THE NEXT 10 YEARS.

THE RESULTS AND THE MAXIMUM FEE ARE SHOWN ON THE SCREEN HERE.

SO NO CHANGES TO THE MAXIMUM FEE FOR SERVICE AREAS A AND B.

THE MAXIMUM FEE FOR SERVICE AREA C WENT DOWN TO $2,949 PER VEHICLE MILE, WHICH IS SLIGHTLY BELOW WHAT IS BEING ASSESSED CURRENTLY.

SO JUST SHOWING THE COMPARISON TO TODAY AND WHAT'S BEING CHARGED TODAY.

AND THAT'S, AGAIN, 100% OF THE MAXIMUM ACCESSIBLE FEE BEING CURRENTLY.

CHARGED ANY QUESTIONS ON THE ROADWAY IMPACT FEE CIP OR LAND ASSUMPTIONS BEFORE HAND OVER TO OKAY ALL RIGHT.

THANK YOU PETE CONNOR MANLEY 801 CHERRY STREET, FORT WORTH I'M GOING TO TALK TO YOU ABOUT THE WATER AND WASTEWATER IMPACT FEES SO JUST A REMINDER WE COMPLETED THE MASTER PLANS AS WERE ADOPTED DECEMBER 25 AND THESE PROJECTS ARE VERY SIMILAR TO THE MASTER PLAN CIP PROJECTS, BUT NOT QUITE THE SAME.

THE WATER IMPACT FEE DOES INCLUDE BOTH THE POTABLE WATER SYSTEM AND THE PROPOSED REUSE WATER SYSTEM.

SO HERE'S A MAP OF THE POTABLE WATER SYSTEM.

AND THEN MAP FOR THE DENTON CREEK REUSE SYSTEM PROJECTS IN THE LAKESIDE REUSE SYSTEM.

SO OVERALL, AGAIN REMINDER FOR WATER, THERE'S A SINGLE SERVICE AREA SO THE ENTIRE TOWN IS SERVED ON IN A SINGLE AREA AND SO WE'RE SEEING YOU KNOW AN INCREASE OF APPROXIMATELY 20 MILLION IN THE 10-YEAR RECOVERABLE COSTS AND YOU'RE NOTICING THAT THE CIP ISN'T QUITE AS HIGH.

THAT'S JUST BECAUSE WE'RE UTILIZING MORE OF THE PROJECTS THAT WE'RE BUILDING.

SO IN THAT FIRST 10 YEARS, WE'RE ACTUALLY GOING TO BE ABLE TO RECOVER MORE OF THE PROJECTS.

AND THEN YOU CAN SEE OUR SERVICE UNITS ARE GROWING, SO ABOUT 3,400 SERVICE UNITS.

AND JUST A REMINDER, A SERVICE UNIT FOR WATER IS BASICALLY LIKE A RESIDENTIAL HOUSE WATER METER.

SAME GOES FOR THE WASTEWATER SIDE.

BUT THESE ARE THE CHANGES BASED ON FEEDBACK FROM TOWN STAFF FOR WATER.

SO WHAT DOES THAT PLAY OUT IN OUR CALCULATED MAXIMUM FEE? SO A REDUCTION OF APPROXIMATELY $2,000. SO THAT'S REALLY JUST A MATH EXERCISE OF THE SERVICE UNITS GOING UP COMPARED TO THE CIP COST PROPORTIONALITY WITH THE SERVICE UNITS GOING UP SLIGHTLY HIGHER THAN THE RECOVERABLE.

SO YOU CAN SEE JUST THIS IS...

QUITE A BIT HIGHER THAN WHAT IS CURRENTLY ADOPTED AT $3,741.

SO MAXIMUM IS $10,317.

SO THAT DOES IT FOR THE WATER SECTION.

SO THE WASTEWATER IS SECTIONED OFF INTO THREE SERVICE AREAS.

SO WE HAVE LONG PRAIRIE, LAKESIDE, AND DENTON CREEK.

SO THIS IS THE TWO ON THE EASTERN PORTION, LONG PRAIRIE AND LAKESIDE, AND THEN MAP IN THE DENTON CREEK AREA.

SO LONG PRAIRIE AND LAKESIDE DID NOT CHANGE SINCE WE LAST MET WITH YOU IN FEBRUARY.

SO THOSE NUMBERS ARE STAYING CONSISTENT.

DENTON CREEK IS INCREASING SIGNIFICANTLY, SO INCREASING $13 MILLION ON THE RECOVERABLE COSTS.

AND THEN ON THE SERVICE UNIT SIDE, YOU CAN SEE THAT THAT NUMBER HAS ESSENTIALLY DOUBLED.

SO OVERALL, WE'RE SEEING WE'RE GOING TO BE ABLE TO RECOVER MORE COSTS, BUT ALSO

[04:00:02]

HAVE HIGHER SERVICE UNITS.

AND THE SAME THING'S KIND OF HAPPENING WHERE THE CIP, WE'RE BUILDING THESE PROJECTS, BUT WE'RE JUST UTILIZING THOSE PROJECTS.

THEY'RE NOT FULLY UTILIZED IN THE 10-YEAR.

SO THAT'S WHY THAT TOTAL CIP NUMBER ISN'T CHANGING QUITE IN THIS 10-YEAR PERIOD.

SO WHAT DOES THAT LOOK LIKE? REALLY JUST IT'S A MINOR DECREASE IN OUR DENTON CREEK CALCULATED MAXIMUM.

YOU SHOWING $1,314 AND THAT IS ABOUT THREE TIMES AS HIGH AS WHAT'S CURRENTLY ADOPTED FOR THE AREA OF $467.

LONG PRAIRIE AND LAKESIDE AGAIN ARE NOT CHANGING.

SO WE WANTED TO SHOW YOU AN UPDATED BREAKDOWN FOR A SINGLE-FAMILY HOME TO COME IN ANYWHERE IN THE TOWN.

THESE ARE THE FEES ON THE AT MAXIMUM.

YOU ALL HAVE THE OPTION TO ADOPT TONIGHT.

AND THEN SHOWING SOME UPDATED VALUES ON COMPARISON TABLES.

SO THIS IS ALL JUST, AGAIN, COMPARING A SINGLE-FAMILY HOME.

ACROSS SEVERAL BENCHMARK CITIES, YOU KNOW, CITIES THAT ARE CLOSE BY THAT HAVE IMPACT FEES OR DO NOT HAVE IMPACT FEES.

SO YOU CAN SEE FOR THIS, WE'RE ON THE HIGHER END AGAIN FOR SERVICE AREAS B AND C, EVEN AFTER THE REDUCTION IN AND SERVICE AREA A IS IN THE MIDST THERE.

AND THEN WHAT WE ADDED ON TOP OF, WE RECEIVED SOME FEEDBACK FROM LAST TIME.

YOU IN THE SECOND COLUMN, WE'VE GOT OUR PERCENT MAXIMUM IN THERE.

SO YOU NOW HAVE THAT COMPARISON YOU CAN MAKE COMPARED TO WHAT THE MAXIMUM ASSESSABLE FEE WAS DURING THAT STUDY.

SO YOU CAN SEE SEVERAL ARE AT 100% AND SEVERAL ARE BELOW 100%.

THAT'S PART OF YOUR CONSIDERATION TONIGHT FOR ADOPTING THE FEES.

ON THE WATER SIDE, YOU CAN SEE HERE WE'RE...

NOT QUITE AT THE TOP AND ALSO NOT CLOSE TO THE BOTTOM SO BUT ON THE HIGHER END YOU CAN SEE JUST EVEN ON THE HIGHER END THERE'S YOU KNOW LOCAL MUNICIPALITIES OR WATER PROVIDERS THAT ARE ADOPTING 100% OR OR LESS AND THEN ON THE WASTEWATER SIDE CAN SEE YOU HERE AGAIN SOME WE'RE ALL ACTUALLY ON THE LOWER END FOR LAKESIDE AND THEN DENTON CREEK AND LONG PRAIRIE BEING ON A LITTLE BIT ON THE HIGHER END, BUT THERE ARE SOME, AGAIN, WASTEWATER PROVIDERS OR CITIES THAT ARE MUCH HIGHER THAT ARE ADOPTING AT FULL 100% COMPARED TO MAXIMUM.

SO WE'RE HAPPY TO ANSWER ANY OF Y'ALL'S QUESTIONS THAT YOU MAY HAVE, BUT WE DO WANT TO CONSIDER, Y'ALL SHOULD BE CONSIDERING APPROVAL.

ORDINANCE ADOPTING THE UPDATED LAND USE ASSUMPTIONS, CAPITAL IMPROVEMENT PLANS, AND UPDATE AND AMEND CERTAIN PROVISIONS OF CHAPTER 42, IMPACT FEES, REGARDING THE IMPOSITION OF IMPACT FEES AND AMENDING THE FEE SCHEDULE, APPENDIX A ACCORDINGLY.

HAPPY TO ANSWER ANY QUESTIONS.

SLIDE 18, WATER.

SO WATER IS OBVIOUSLY A BIG DELTA, EVEN YOU LIKE NORTH RICHLAND HILLS, THIS IS ONLY THREE YEARS AGO, $1,800.

IS THAT REUSE THAT WAS DRIVING THIS HIGH COST, ALL THIS INVESTMENT WE HAVE TO MAKE? THE REUSE IS A SIGNIFICANT PORTION.

IT'S NOT 50-50.

IT'S ABOUT 40% REUSE, 60% POTABLE.

SO IF WE DIDN'T HAVE TO DO THE REUSE PROJECT, WHICH IS ALL WATER, EVEN THOUGH THERE'S A WASTEWATER COMPONENT TO REUSE, IT'S 100% WATER IMPACT FEES FUNDING IT, CORRECT? YEAH, SO THE REUSE DIRECTLY APPLIES TO THE WATER SUPPLY.

SO IT HELPS RECYCLE THAT DROP OF WATER IN THE TOWN.

SO YOU SAID THAT 40% OF THIS IS REUSE FUNDING? APPROXIMATELY 40%.

OKAY, SO THAT WOULD PUT US MORE IN LINE IF WE WEREN'T DOING THAT ONE PROJECT.

OKAY, THAT'S WHAT I THOUGHT.

I DID, I JUST WANTED TO SAY I LOOKED UP GEORGETOWN, BECAUSE GEORGETOWN IS A VERY SIMILAR CITY TO US, AND WE WERE DOWN THERE TESTIFYING WITH THEM, AND THEIR FEES ARE $12,000, $13,000 FOR WATER, $12,000, $13,000 FOR WASTEWATER, AND $7,000 OR $8,000, YOU KNOW, ANYWHERE FROM $3,000 TO $7,000 FOR TRAFFIC.

SO IT'S...

WHEN YOU REVISE THE STUDY AND YOU'RE IN A GROWING COMMUNITY, OUR RIGHTS ARE NOT OUT OF LINE.

NO, I DON'T THINK SO AT ALL.

AND I ALSO NOTICED THAT FROM THESE EXHIBITS, MANY MUNICIPALITIES ARE AT THE 100%.

I THINK IF WE COME OFF OF THAT 100%, WE'RE ASKING OUR RESIDENTS TO SUBSIDIZE.

I DON'T WANT TO DO THAT.

INSTEAD, I WOULD BE IN FAVOR ON SELECT BASIS OF USING SOME ABATEMENT

[04:05:01]

OF THESE FEES AND, I GUESS, IMPACT FEES IS THE RIGHT TERM.

FOR ECONOMIC INCENTIVE, WHERE THE COUNCIL SEES FIT.

SO WE STILL HAVE THAT OPPORTUNITY TO BRING DESIRABLE BUSINESS AND NEGOTIATE WITH THEM ON THINGS THAT WOULD HELP THEM TO COME THROUGH REDUCING THESE STRATEGICALLY, DARINGLY.

YEAH, I AGREE 100% AS A MATTER OF POLICY.

GIVING TAXPAYER-FUNDED SUBSIDIES TO DEVELOPMENT THAT'S GOING TO HAPPEN ANYWAY IS JUST BAD POLICY.

AGREED.

WE SHOULD USE TARGET.

IMPACT FEE REDUCTIONS FOR ECONOMIC INCENTIVES FOR THE TYPES OF, YOU KNOW, ENTITIES THAT MIGHT GENERATE SALES TAX, FOR EXAMPLE.

BUT OTHERWISE, IT SHOULD BE 100% ACROSS THE BOARD.

SO DEVELOPERS FUND THEIR OWN WAY.

YES, I LIKE THAT.

I AGREE.

AND BY KEEPING IT AT 100%, WE CAN BE JUDICIOUS ABOUT THAT.

THANK YOU SO MUCH.

AS WE DISCUSSED LAST TIME, AS SOON AS WE ADOPT THESE, THEY FALL OUT OF LINE.

AND WE'RE ALREADY INCENTIVIZING DEVELOPMENT.

IN A WAY, INADVERTENTLY.

INFLATION.

YEAH, YEAH.

HELP THAT FACTOR.

BECAUSE WE CAN NEVER CHARGE MORE THAN WHAT WE DEMONSTRATE IS THE NEED.

THE FEES THEMSELVES OR THE PROJECTS? WHAT ARE YOU WHAT CAN I CLARIFY? THE FEES THEMSELVES.

THE FEES THEMSELVES, YES.

SO THIS IS LOOKING AT THE 10-YEAR PROJECTS THAT ARE NEEDED AND ALSO PROJECTS THAT HAVE BEEN FULLY UTILIZED, THAT ARE ALREADY BUILT.

SO IT IS FORWARD THINKING IN A WAY.

YES.

I'M MAKING A MOTION.

I GUESS YOU NEED TO CHANGE THE VERBIAGE A LITTLE BIT ON THAT.

DO WE NEED TO CHANGE THAT? WHY? LET ME SEE WHAT IT SAYS.

OR WE CAN USE THAT SAME EXACT WORDING.

DOES IT HAVE TO BE SPECIFIC WORDING, OR CAN IT BE MOVED TO APPROVE AS WRITTEN? THERE'S NO MAGICAL LANGUAGE FOR THE WORDING.

OKAY, GREAT.

ALL RIGHT.

DO YOU WANT TO MAKE A MOTION? ARE WE READY? WE HAVE TO HOLD A PUBLIC HEARING.

IS THE ASSESSED RATE PART OF THE MOTION? THANK YOU, GRAHAM, FOR REMINDING ME.

THE PERCENTAGE.

THAT PART OF THE MOTION, THE ASSESSED RATE.

LIKE, MAXIMUM RATE, THEN THE ASSESSED RATE.

I DON'T THINK YOU HAVE TO SAY IT.

YOU JUST SAY IT'S PROPOSED? IF THAT'S WHAT'S PROPOSED, THEN YES.

YOU DON'T HAVE TO SAY IT.

LET ME OPEN IT REAL QUICK.

HOLD ON.

SO THE TIME IS NOW 10 AT 19.

SO I'M OPENING THIS PUBLIC HEARING FOR ANY COMMENTS.

DOES ANYONE WISH TO MAKE A PUBLIC COMMENT? OKAY.

NO TAKERS.

SO I'M CLOSING THIS PUBLIC HEARING.

WE'RE BACK TO OPEN SESSION, SO ANY DELIBERATION? IS THE ASSESSED RATE PROPOSED IN THESE EXHIBITS? I'M NOT REALLY SURE.

I CAN PROVIDE.

IN APPENDIX A, IT IS THE 100% MAX FEES.

THAT'S WRITTEN OUT ON THERE, SO THAT'S WHAT'S PROPOSED.

ANN MAKES A MOTION, APPROVE AS PRESENTED, AND THAT'S 100%.

OKAY, I'D BE FINE THEN.

GREAT.

COOL.

OKAY, READY? I MOVE TO APPROVE ITEM K.

THREE? TWO.

I MOVE TO APPROVE ITEM K-2 AS PRESENTED IN THE AGENDA CAPTION.

SECOND.

OKAY, WE CAN TAKE A ROLL.

COUNCIL MEMBER WARNER.

COUNCIL MEMBER TAYLOR.

MAYOR PRO TEM MARTIN.

DEPUTY MAYOR PRO TEM SHEASTON.

[K.4. SUP25-0008 - JSP Banquets - Public Hearing to consider an ordinance granting Specific Use Permit No. 501 (SUP25-0008 – JSP Banquets) to permit an assembly hall use. The property is generally located west of Morriss Road and south of Littlejohn Court along Flower Mound Road. (PZ recommended approval by a vote of 6 to 0 at its March 9, 2026, meeting). ]

THANK YOU, MAYOR AND COUNCIL.