WEBVTT 00:00:00.194 --> 00:00:10.144 - We are going to go ahead and get started. I am calling this meeting to order. Is someone available to 00:00:10.144 --> 00:00:20.485 - call rule? Chairperson Zulek. Here. Vice Chair Heidel. Here. Mark Bell. Lenny Bush. Here. Gretchen Knapp. 00:00:20.485 --> 00:00:24.094 - Here. Julie Thomas. Here. Thank you. 00:00:24.418 --> 00:00:33.475 - Thank you very much. Up next on our agenda is approval of summary minutes as presented. Do I hear a 00:00:33.475 --> 00:00:42.985 - motion? Move approval. There's been a motion. Is there a second? Okay. Okay. Motioned. Oh, she's second. 00:00:42.985 --> 00:00:52.766 - Okay. Great. Thank you. And all in favor, since there's no one over Zoom, please say aye. Aye. All opposed? 00:00:53.762 --> 00:01:04.373 - that's great. That passes and now we will move on to an update on the food and beverage revenue totals 00:01:04.373 --> 00:01:14.881 - by Miss Megan Miller. Hi so the December 31st 2025 county cash balance ended in $2,558,316.49 and for 00:01:14.881 --> 00:01:22.814 - the city, the December 31st 2025 total cash balance ended in $19,258,285.99. 00:01:22.882 --> 00:01:29.932 - I will go ahead and apologize for the delay here, but I did send all of you an updated email with accurate 00:01:29.932 --> 00:01:36.588 - numbers as of today's date for the city and the county. We did recede in the September 2026 food and 00:01:36.588 --> 00:01:43.440 - beverage numbers yesterday. So between me getting the numbers to the packet and today, they've slightly 00:01:43.440 --> 00:01:47.262 - varied. So the updated number as of today for the county. 00:01:47.810 --> 00:01:57.437 - total is $2,701,089.51. And for the city, the total is $10,333,330,709.31. But this total does not include 00:01:57.437 --> 00:02:06.615 - the payment of $367,927.96 received yesterday pending receipt in their accounting software. Could you 00:02:06.615 --> 00:02:15.882 - repeat that $10 million number for the city? There's a lot of numbers up there that don't quite drive. 00:02:15.882 --> 00:02:17.502 - Yes, I apologize. 00:02:17.698 --> 00:02:28.614 - $10,330,709.31. Thank you. Any other questions? Great. Thank you very much, Auditor Miller. And now 00:02:28.614 --> 00:02:39.530 - we have review and approval of the 2025 annual report, which everyone should have in front of them. 00:02:39.530 --> 00:02:45.534 - Are there any questions or comments? OK, in that case, 00:02:45.634 --> 00:02:54.169 - I would entertain a motion. I'll make a motion. Second. Great. Can you say what your motion is? Oh, 00:02:54.169 --> 00:03:02.705 - sorry. I make a motion to approve the 2025 annual report. Second. Okay. There's been a motion and a 00:03:02.705 --> 00:03:12.094 - second. I believe this should be a roll call vote. If you could please call the roll. Commission member Bell. 00:03:15.298 --> 00:03:31.814 - Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. 00:03:31.814 --> 00:03:40.990 - Thank you. Thank you. Thank you. Thank you. Thank you. 00:03:41.154 --> 00:03:49.162 - So the food and beverage tax spending plan for 2027 should be in, sorry, Jeff McKim, City Controller. 00:03:49.162 --> 00:03:57.327 - This is actually my first FabTAC meeting. The food and beverage tax spending plan for 2027 for the city 00:03:57.327 --> 00:04:01.566 - is included in your packet. And statutorily, it is... 00:04:01.794 --> 00:04:20.891 - we've used the same format that we've used in the past and just moved everything down. So at the very 00:04:20.891 --> 00:04:30.814 - top, we now have, uh, the 20 27 proposed spending of 00:04:31.586 --> 00:04:42.474 - the least rental bonds. The 7,000,783,000. Is for lease payments. That's two years of lease payments 00:04:42.474 --> 00:04:53.901 - for the for the lease rental bonds. The reason why there are two years worth of lease payments is because 00:04:53.901 --> 00:04:59.614 - when we first established the when we first received 00:05:00.386 --> 00:05:06.485 - We agreed to set up a revenue stabilization fund that would consist of one year's worth of lease payments. 00:05:06.485 --> 00:05:12.584 - So this is essentially doing that. We have the two lease payments that would be our regular lease payments 00:05:12.584 --> 00:05:18.683 - for the year, and another two that will be deposited in an interest bearing account with the bond trustee, 00:05:18.683 --> 00:05:20.222 - and they'll just sit there 00:05:20.322 --> 00:05:28.350 - to be used in case there's ever a dip in food and beverage tax revenues. And if not, then they'll just 00:05:28.350 --> 00:05:36.144 - be used as the final two payment, two lease payments on the bond. And then the rest of our spending 00:05:36.144 --> 00:05:44.094 - plan includes the capital improvement board's 2027 budget for the, for the capital improvement board. 00:05:45.730 --> 00:05:52.893 - the completion of the construction of the Convention Center expansion, and we have the Capital Improvement 00:05:52.893 --> 00:05:59.654 - Board Chair John Weickart here if anybody has any questions. We will also essentially, you will also 00:05:59.654 --> 00:06:06.682 - have essentially the same item at the end of today's agenda where you'll be asked to review the proposed 00:06:06.682 --> 00:06:08.222 - CIB spending for 2027. 00:06:08.514 --> 00:06:19.253 - So that's, and then we have the January 1st fund balance is $19,258,285.99. Thank you very 00:06:19.253 --> 00:06:31.526 - much. Commissioners, any questions? Any comments? Okey-dokey. We will move on from section six and move 00:06:31.526 --> 00:06:33.886 - to the county plan. 00:06:34.018 --> 00:06:44.374 - commissioners meeting. Would anyone like to present on the county parts? I can do so great. Thank you. 00:06:44.374 --> 00:06:54.529 - Yes this was a spot off the press. This was it. Um. Accepted our commissioners meeting yesterday. Um 00:06:54.529 --> 00:07:02.974 - and it includes, of course, expenditures to date at the very top. Um and note that. 00:07:03.234 --> 00:07:17.302 - that. 186,000 and some change was has been utilized so far has been expended so far, but the rest will 00:07:17.302 --> 00:07:23.038 - be expended shortly, I believe. Um so our 00:07:23.650 --> 00:07:33.658 - to the property. This is the 409 acres on 446 and Morris Pike that was granted to Monroe County residents 00:07:33.658 --> 00:07:43.478 - in trust in order to receive. That land in trust in perpetuity. The county had to make. Certain changes 00:07:43.478 --> 00:07:52.542 - to the property, and this was the only mechanism to fund it, but we do believe it is related to 00:07:52.738 --> 00:08:05.708 - to be open to the public. Um so it's a terrific plan. It should be open, um, late. 2027 to the public. 00:08:05.708 --> 00:08:19.056 - Um but there will be lots of nature trails. Um. Dog park parking. Um there is a plan for picnic shelters. 00:08:19.056 --> 00:08:22.078 - Um and hopefully in the 00:08:22.850 --> 00:08:34.829 - and the parks board will be seeking input from the public. Early next year on that. The quarry in the 00:08:34.829 --> 00:08:46.574 - Uplands project continues. We're meeting on the 13th. Um and that has been in the plan in the past. 00:08:46.574 --> 00:08:52.094 - And we have money set aside for a master plan, 00:08:52.290 --> 00:09:03.263 - that we have access. At least initially to start. This is going to become a history center. Um outdoor 00:09:03.263 --> 00:09:13.917 - exhibit of limestone history. Um hopefully in the near future and indoor museum classroom space for 00:09:13.917 --> 00:09:21.374 - Children to come on field trips, etcetera. But also a lot of economic 00:09:21.730 --> 00:09:49.598 - that will be coming to the public in 27. Um, Lastly, the Monroe County 00:09:49.698 --> 00:10:16.990 - and we're happy to offer funding toward that end of moving this project forward. 00:10:17.090 --> 00:10:24.794 - I'm not going to put a jail on the quarry in the uplands. I love the idea I do, but I just want to make 00:10:24.794 --> 00:10:32.423 - sure we're not going to put a jail right next to it. Is that totally? Kind of squash right now. No and 00:10:32.423 --> 00:10:38.942 - here's the thing. It's next to a highway. It's between Arlington Road and 46. So it's a 00:10:39.074 --> 00:10:45.020 - I don't think it's going to matter what's next to it because it is really, it's heavily wooded right 00:10:45.020 --> 00:10:51.378 - now. And then there's a number of quarries on the property as well. So yeah, but I understand your concern. 00:10:51.378 --> 00:10:57.383 - I appreciate it. The concern is the jail, not the surrounding. Your concern is the jail being located 00:10:57.383 --> 00:11:03.388 - itself. Yes, I'm concerned with the jail being located right next to something with kids and all that 00:11:03.388 --> 00:11:07.038 - good stuff. So it just doesn't seem like the two go together. 00:11:07.202 --> 00:11:16.182 - like Fairview School in our current jail. OK, gotcha. OK, other questions? Thank you. Any comments? 00:11:16.182 --> 00:11:25.252 - OK, Mr Weigart, would you like to add anything? I know we just had a city and county update. We have 00:11:25.252 --> 00:11:33.694 - our president of the CIB here. I just. If you would like to add something you are welcome to. 00:11:36.322 --> 00:11:42.819 - I don't know that I want to add too much. Commissioner Thomas mentioned the request for $300,000 for 00:11:42.819 --> 00:11:49.380 - site development. Let me explain that a little in more detail. We're in the midst of negotiations now 00:11:49.380 --> 00:11:55.877 - with the hotelier we've selected, and those negotiations have been extremely productive. We've had a 00:11:55.877 --> 00:12:00.894 - number of meetings, and we have meetings that are continuing to be scheduled. 00:12:01.218 --> 00:12:08.689 - part of those negotiations will obviously have to do with some work associated with the site. So that 00:12:08.689 --> 00:12:16.013 - could be utility replacements or relocations, but primarily what we have learned in the process and 00:12:16.013 --> 00:12:22.238 - the negotiations is that we may very well want to retain our owner's representative. 00:12:22.530 --> 00:12:28.845 - in this process, not in the same fashion that we have an owner's rep now for the construction of the 00:12:28.845 --> 00:12:34.910 - expansion, but an owner's rep who will be able to work more closely being watchful, if you will. 00:12:35.042 --> 00:12:41.005 - of both the design process and when we move into the construction process to protect the interest of 00:12:41.005 --> 00:12:46.909 - the CIB and the county and the city. So it will not be as expensive as we've been dealing with with 00:12:46.909 --> 00:12:52.931 - an owner's representative over the last three years, but we think it will be wise for us to have that 00:12:52.931 --> 00:12:59.189 - professional service added. It was not one that we had frankly anticipated in advance, but it's developed 00:12:59.189 --> 00:13:04.030 - as part of the negotiations. Thank you. Are there any questions for Mr. Weickart? 00:13:06.882 --> 00:13:16.863 - Thank you very much. And next up. I have a question about the county fund balance. So Megan just told 00:13:16.863 --> 00:13:26.941 - us it was 2.701089.51. So I'm with like a tally of what it is that we're approving today and what will 00:13:26.941 --> 00:13:35.454 - be left to still have money. So as I understand it, looking at this written plan here, 00:13:36.066 --> 00:13:42.466 - under twenty twenty six in the first section it talks about nine hundred and five thousand was appropriated 00:13:42.466 --> 00:13:43.710 - as of October twenty 00:13:44.098 --> 00:13:51.287 - And that 186,824,34 has been expended. But then in further down, it talks about the nature preserve. 00:13:51.287 --> 00:13:58.690 - And so it mentions the 905 again. So I presume there's money to cover that amount. Is that true because 00:13:58.690 --> 00:14:06.163 - of what's already been? There is. I need to look at the new fund balance because I don't know if because 00:14:06.163 --> 00:14:10.078 - the fund balance we had on October 21st was 2,739,000. 00:14:10.530 --> 00:14:19.435 - And that's not matching what we have now. And I don't know if that's because money has been expended 00:14:19.435 --> 00:14:28.253 - on the maybe from the yes, or there was a miscalculation. So that is that is not that is not clear. 00:14:28.253 --> 00:14:32.926 - So what we have is in the other projects we have one 00:14:33.122 --> 00:14:46.745 - of the food and beverage tax to account for the remainder of the funds. So let's use the lower figure. 00:14:46.745 --> 00:15:00.367 - What would be left if we use the figure she talked about today, then. So it's just kind of basic math. 00:15:00.367 --> 00:15:01.822 - Is there a 00:15:02.146 --> 00:15:09.579 - I have only part of the number in front of me. OK, so I would rather do that. Not here, but I could. 00:15:09.579 --> 00:15:17.011 - We can do that. OK, look at that. So that'll be discussed at the next Fabtech meeting or it could be 00:15:17.011 --> 00:15:24.517 - if you wish. I'm not like I would like to be in the county of that, OK? So yeah, because I don't know 00:15:24.517 --> 00:15:31.582 - where that 38,000 went. You know, so I need to figure that out. So sure, please. So if we have. 00:15:33.346 --> 00:15:41.984 - Can you get your microphone down here? There we go. I was talking to you about a brilliant be talking 00:15:41.984 --> 00:15:50.537 - here. So we have something under a million, but let's say 700 domain. Can that be involved under the 00:15:50.537 --> 00:15:59.005 - broad range of economic development, which can be used for grants so forth to the services that are 00:15:59.005 --> 00:16:01.630 - actually putting the money in? 00:16:02.530 --> 00:16:08.654 - What I guess I'm getting is that can the restaurants and the other hospitality services find ways of 00:16:08.654 --> 00:16:15.203 - getting grants to develop their own economic development, which I know comes in the broad range of tourism. 00:16:15.203 --> 00:16:21.328 - But when I try to see if there was funds that you could be available for lighting to kind of enhance 00:16:21.328 --> 00:16:27.755 - the area, because to be honest, most of us are the outliers in the county have a hard time letting people 00:16:27.755 --> 00:16:31.454 - know where we are. And so I was trying to invest in lighting 00:16:32.258 --> 00:16:38.322 - And I felt like, well, it didn't really come in any category of tourism. So I thought, well, maybe it 00:16:38.322 --> 00:16:44.267 - comes under the broad name of economic development. But it would be helpful. And I would think this 00:16:44.267 --> 00:16:50.628 - would be the body to do it, to try to develop some guidelines so that people could try to propose possible 00:16:50.628 --> 00:16:56.573 - grants or fit within the guidelines. Because what I found is, like, Blighty didn't necessarily come 00:16:56.573 --> 00:16:58.654 - under tourism. But if you're, say, 00:16:58.946 --> 00:17:05.268 - in for winds and you need to let everybody know how far you need to go down in Fairfax to find them, 00:17:05.268 --> 00:17:11.527 - lighting would help. If you were the, what used to be the Fairfax Inn, one of the problems they had 00:17:11.527 --> 00:17:17.911 - is that nobody drove past them before you found out where they were. And the guy at, I think his name 00:17:17.911 --> 00:17:24.358 - is Schaefer, who manages the Eagle Point, again, found he's off the road. It'd be very helpful to have 00:17:24.358 --> 00:17:27.550 - lighting, again, let people know where they're at. 00:17:28.386 --> 00:17:34.232 - So that's saying, well, we obviously want to take a large portion. But we found it's just $5,000, $10,000, 00:17:34.232 --> 00:17:39.750 - $15,000 to make a huge difference in lighting in any one of these kind of facilities. But as I found 00:17:39.750 --> 00:17:45.213 - even with Eagle Point, which is a fairly upscale operation, they're very tight on their budget. And 00:17:45.213 --> 00:17:50.785 - he said his lighting was very old. It was really from the former operation. And they were looking how 00:17:50.785 --> 00:17:56.358 - they could fit it into any kind of budget. So anything like that could be extremely helpful. But they 00:17:56.358 --> 00:17:58.270 - didn't know where we could fit in. 00:17:59.650 --> 00:18:06.947 - that. Thank you. Thank you. Thank you. Vice Chair Fiddle. So is that I have another topic if you're 00:18:06.947 --> 00:18:14.462 - finished. Um so at the council meeting this week, there was some discussion about maybe utilizing some 00:18:14.462 --> 00:18:21.905 - of these funds for. Cars farm park. I know there's some project work that needs to be done there, and 00:18:21.905 --> 00:18:27.742 - I want to get that on record that that might be, uh, we might be asking to have 00:18:27.842 --> 00:18:33.362 - So just to connect a couple of thoughts here, we started off with what is the fund balance and what 00:18:33.362 --> 00:18:39.102 - is the total request here? And it looks like the total request, if my math is right, is $2.755 million. 00:18:39.266 --> 00:18:44.413 - And that is more than the balance is reported here. So I think that's where Miss Thomas was talking 00:18:44.413 --> 00:18:49.612 - about. Is there a little bit of missing money? But that sounds like that would empty out essentially 00:18:49.612 --> 00:18:54.862 - the funds. And so nothing would be left for the other projects that kinds of work that you're talking 00:18:54.862 --> 00:19:00.164 - about. Is that correct? Although more money is coming in more money is coming in, of course, you know, 00:19:00.164 --> 00:19:05.672 - and the plan can be adapted and changed accordingly. So that's that's what it's for. And this body advises 00:19:05.672 --> 00:19:06.238 - and offers 00:19:06.754 --> 00:19:22.931 - that's what that's for. So. Other questions or comments. Okay. In that case, we can move on to item 00:19:22.931 --> 00:19:35.710 - number eight. 2027 CIB City Council budget, which should be in front of all of 00:19:35.810 --> 00:19:45.912 - with a vote of seven. Oh, resolution 2021 2026-21. Um. Are there any questions about this? Well and 00:19:45.912 --> 00:19:55.710 - may I just give a quick update on that. So if you actually look at the last page of your packet. 00:19:55.906 --> 00:20:05.250 - budget. And that has the total of the requests. These This is the 20 27 budget for the capital Improvement 00:20:05.250 --> 00:20:14.333 - board. We kind of already teased that earlier. Um. But this memo kind of gives a little bit more detail 00:20:14.333 --> 00:20:23.327 - about what the what the expenditures include. The total proposed budget is $4,000,513,616. And I'm not 00:20:23.327 --> 00:20:25.598 - going to read out all the 00:20:25.698 --> 00:20:33.077 - just kind of understand the scope of services that this money, this food and beverage tax is going to 00:20:33.077 --> 00:20:40.600 - pay for, which includes internal support for the CIB, their legal support and their controller support, 00:20:40.600 --> 00:20:48.702 - but also in particular their owner's rep, website, insurance, communications, meaning AV and IT communications. 00:20:48.802 --> 00:20:55.707 - building commissioning, security, graphics and signage, relocation services, furniture fixtures and 00:20:55.707 --> 00:21:02.750 - equipment, and contingency. And so we are anticipating that this will bring the construction phase of 00:21:02.750 --> 00:21:09.863 - the convention center to a close. So this will be the last budget we anticipate receiving from the CIB 00:21:09.863 --> 00:21:16.768 - out of food and beverage tax for a while. And I'll turn things over to Mr. Whitecard if he wants to 00:21:16.768 --> 00:21:18.494 - make any other comments. 00:21:19.298 --> 00:21:26.066 - I know Mr. McKim summed it all up. I will mention that Mr. McKim earlier said this was his first FAPTAC 00:21:26.066 --> 00:21:30.622 - meeting. Actually, he was here last year as the treasurer of the CIB. 00:21:30.690 --> 00:21:38.746 - I'm sorry. We lost him. You gained him and he just did what he did last year and gave the entire report 00:21:38.746 --> 00:21:46.570 - and for this for this year, but he's he's correct. This this request is about half of what you would 00:21:46.570 --> 00:21:54.549 - have seen a year ago because we're into the six month. 2027 will be the six month closeout period when 00:21:54.549 --> 00:22:00.126 - all the renovation will take place in the current building. So for your 00:22:00.258 --> 00:22:06.238 - So we hope you'll you'll come to that and then we will be spending from now through 00:22:06.338 --> 00:22:12.809 - construction activity. We moved furniture and equipment in late June on the renovation, so this is the 00:22:12.809 --> 00:22:19.281 - close out of all that construction activity. Much of what you see here. This isn't construction money. 00:22:19.281 --> 00:22:25.564 - This is kind of the soft cost money that you see. So you know the furniture and equipment budget is 00:22:25.564 --> 00:22:31.847 - in here as we move furniture and equipment in relocation services. The signage the way finding that 00:22:31.847 --> 00:22:34.046 - all is going to come along in that 00:22:34.210 --> 00:22:41.025 - a couple of weeks ago, Mike McAfee called me from visit Bloomington and said there was an opportunity 00:22:41.025 --> 00:22:47.908 - for Bloomington to land in late June of next year, a 900 person event, but they needed both buildings, 00:22:47.908 --> 00:22:54.590 - the new building and the current building, and they had to have a guarantee they could occupy it by 00:22:54.590 --> 00:23:01.940 - June 20th to have their, it's a sporting event, to have their event. Well, the completion date for renovation 00:23:01.940 --> 00:23:02.942 - was June 28th. 00:23:03.234 --> 00:23:10.358 - So we were missing that opportunity by eight days. And Weddle Brothers, we talked to Weddle Brothers, 00:23:10.358 --> 00:23:17.482 - our construction manager, they brought all the contractors together and within a couple of days moved 00:23:17.482 --> 00:23:24.605 - that completion date up from June 28th to June 16th so that we could accommodate that sporting events 00:23:24.605 --> 00:23:26.142 - convention next year. 00:23:26.274 --> 00:23:32.917 - that had to be in by June 20th. They've already signed the contract, so they are coming. And that has 00:23:32.917 --> 00:23:39.496 - a $500,000 economic impact in our community, that single event, because they worked to move that up. 00:23:39.496 --> 00:23:42.622 - And it's clearly one of the advantages of local 00:23:43.298 --> 00:23:49.613 - a local construction company, Whittle Brothers, their employees, they live here, they work here, they 00:23:49.613 --> 00:23:55.805 - contribute to our community, they raise their families here. They are as invested in this as any of 00:23:55.805 --> 00:24:02.244 - us are. But 12 days is a big deal off of a construction schedule. To cut from the 28th back to the 16th 00:24:02.244 --> 00:24:08.683 - is incredible that they were able to pull that off and we were able to sign that contract and land that 00:24:08.683 --> 00:24:11.902 - convention. But back to this, this is the closeout. 00:24:12.130 --> 00:24:18.322 - So by June 16th, we'll have the renovation of the new building completed. They said there may be some 00:24:18.322 --> 00:24:24.636 - punch list things they have to come back and do later, but that's fine. So as Mr. McKim said, this will 00:24:24.636 --> 00:24:31.071 - close us out and we appreciate all the support we've had on this project. So thank you. Thank you. That's 00:24:31.071 --> 00:24:37.324 - outstanding. And congratulations. Thank you for all your hard work over the past few years. Thank you. 00:24:37.324 --> 00:24:39.934 - Are there any questions for Mr. Whitecart? 00:24:40.578 --> 00:24:48.270 - or Mr. McKim. I would like to echo the thanks to Mr. Whitehart for his fine work and stewardship and 00:24:48.270 --> 00:24:56.419 - leadership on the CIB. It's really been amazing to watch. And it's not something that you'd had experience 00:24:56.419 --> 00:25:04.340 - with, but we are so grateful to you and the whole CIB, every member, past and present. Thank you. Well, 00:25:04.340 --> 00:25:09.214 - thank you. And it's a wonderful board with representatives from 00:25:09.378 --> 00:25:17.921 - all of our units of government, and the board's worked extremely well together, and we're a board that 00:25:17.921 --> 00:25:26.465 - wants to get this done, and we're pleased and proud of what's happening. Thank you. Anyone else? Okay. 00:25:26.465 --> 00:25:29.534 - So just to be clear, but by statute, 00:25:29.826 --> 00:25:37.155 - you don't have to adopt written recommendations anymore, but we are officially asking this board for 00:25:37.155 --> 00:25:44.629 - the statute for any recommendations you might have. So we certainly welcome your both oral and written 00:25:44.629 --> 00:25:52.248 - recommendations regarding this proposed budget. OK, in that case, do I hear a motion for recommendation? 00:25:52.248 --> 00:25:56.094 - I actually have one more question, if I might. Sure. 00:25:56.674 --> 00:26:05.593 - I don't want to step on your toes. Were you going to go ahead? Okay. Okay. Um, so the city council had 00:26:05.593 --> 00:26:14.598 - a resolution on the CIB portion of the budget, but do you annually review the spending on the remainder 00:26:14.598 --> 00:26:23.430 - of the food and beverage money every year? Not as far as I'm aware. That is a question for controller 00:26:23.430 --> 00:26:24.382 - McKim. The 00:26:24.642 --> 00:26:32.332 - we already have the approval and the appropriation for the bond. So from now on, we would still come 00:26:32.332 --> 00:26:40.021 - to this body if we were going to spend on anything other than just making bond payments. OK, got it. 00:26:40.021 --> 00:26:47.940 - Thank you. Thank you, Controller McKim. Sorry. That's OK. I just wanted to say that even though I would 00:26:47.940 --> 00:26:53.726 - probably vote for approval, I must say that it makes me a bit uncomfortable 00:26:53.826 --> 00:27:02.252 - the county actually spending pretty much every dime that they have and not having anything in reserves 00:27:02.252 --> 00:27:10.596 - for any project that may come up or things that go over or whatever. So I mean, whereas I do, I would 00:27:10.596 --> 00:27:14.686 - love to have a limestone park and I know that the 00:27:14.914 --> 00:27:22.426 - that this land that we were granted is incredibly valuable. But I also believe we just need to be a 00:27:22.426 --> 00:27:30.088 - little bit fiscally responsible in having some funds and contingent that may come up. It doesn't have 00:27:30.088 --> 00:27:37.675 - to be a huge amount, but something. So to that, I agree. And as money continues to come in, that's a 00:27:37.675 --> 00:27:44.286 - great thing. We were told last time, I think it was at this meeting that we should have 00:27:44.450 --> 00:27:53.079 - that's what we did. We didn't have a plan for all the money. So that's what we did. Um and this takes 00:27:53.079 --> 00:28:01.708 - us into 27 obviously as well. And so that's. That's why that's so close to the to the bone. I get it. 00:28:01.708 --> 00:28:10.422 - But we've also been told, Oh, you should allocate this money. So we've allocated it and, um, you know, 00:28:10.422 --> 00:28:14.398 - it may be that some project comes in under. Um 00:28:14.626 --> 00:28:22.488 - deputy mayor now maybe a little bit of a follow-up on that is as we at the city finish out our commitments 00:28:22.488 --> 00:28:29.910 - to the convention center itself and wrapping that project up thank you mr. Weikert and as the county 00:28:29.910 --> 00:28:30.718 - spends out 00:28:30.850 --> 00:28:36.194 - what they currently have in there. We will in the future have decisions to make about what to do with 00:28:36.194 --> 00:28:41.486 - the rest of the city money and what to do with the county money as it continues to accrue over time. 00:28:41.486 --> 00:28:46.882 - And I just encourage us all to involve the public and our constituents in having discussions about how 00:28:46.882 --> 00:28:52.174 - that money should be spent because of course, as you know, as government institutions, we have many, 00:28:52.174 --> 00:28:55.422 - many needs and it's easy to look on this money as this is the 00:28:55.682 --> 00:29:02.614 - the pool that we can pull from, but our constituents are contributing to this money and whether these 00:29:02.614 --> 00:29:09.546 - are large projects that take it all in one fell swoop or smaller amounts that get doled out over time 00:29:09.546 --> 00:29:16.954 - that have a bigger impact for small business owners perhaps, I think that's a worthwhile public conversation 00:29:16.954 --> 00:29:24.702 - to have so that we're spending this money with the full support of the public and those who've contributed to it. 00:29:25.634 --> 00:29:33.566 - Thank you. I understand is that you're required to speak into the mic. There you go. So the requirement 00:29:33.566 --> 00:29:41.269 - you have to allocate all the funds. You can't leave them as we have historically just left them in a 00:29:41.269 --> 00:29:48.972 - reserve. That's not my understanding. That's not my understanding either. No, but we have to present 00:29:48.972 --> 00:29:51.870 - this report to the state legislature. 00:29:52.130 --> 00:29:58.977 - And the state Board of Accounts is apparently what's much sure. The state legislature is very interested 00:29:58.977 --> 00:30:05.693 - in ensuring that this money is allocated and utilized for what it's intended. Sure. Yeah. So that that 00:30:05.693 --> 00:30:12.474 - may be part of that balance. So if you so if you had any funds that were yet to be set aside for things 00:30:12.474 --> 00:30:19.060 - like I mentioned at Lenny, how would you fit in any category of allocation? I mean, you have to have 00:30:19.060 --> 00:30:21.342 - the grants prepared beforehand and 00:30:21.762 --> 00:30:28.561 - That can't happen until you've got an allocation. So how would that fit in? I guess I don't know. 00:30:28.561 --> 00:30:35.707 - I mean, I think that's what each body would have to determine is what is the use going to be with some 00:30:35.707 --> 00:30:43.061 - degree of public input and then reverse engineer what does the approval process look like for the various 00:30:43.061 --> 00:30:49.374 - bodies involved. But there's probably a bigger conversation first about what is the future 00:30:50.050 --> 00:31:01.053 - the future use of these funds. What are the future uses that are desired by the community for these 00:31:01.053 --> 00:31:12.276 - funds? Anyone else questions? Final comments. Is there a motion to approve? Or to recommend the 20 27 00:31:12.276 --> 00:31:18.878 - CIB City Council budget. I moved to recommend the 20 27 CIB 00:31:19.074 --> 00:31:27.451 - would you please call the roll? Commissioner Bush. Approved. Commissioner Knapp. Aye. Commissioner Feidl. 00:31:27.451 --> 00:31:36.065 - Yes. Commissioner Zulek. Yes. Commissioner Thomas. Yes. And Commissioner Bell. Yes. Motion passes unanimous. 00:31:36.065 --> 00:31:44.125 - Thank you very much. Thank you. Thank you. Thank you. And we will move on to item nine. Twenty twenty 00:31:44.125 --> 00:31:46.654 - seven meeting date in February. 00:31:47.682 --> 00:31:58.663 - I think it would be best to do a poll on on email. Okay Just for something that County staff can handle. 00:31:58.663 --> 00:32:09.226 - Absolutely Is there a better time of the month? Like I know I realized for county will be organizing 00:32:09.226 --> 00:32:15.710 - throughout the month of January. So is it better if we try to 00:32:16.482 --> 00:32:24.403 - Sounds good. I'm seeing nodding. Yes, that would be great. Thank you. OK. Is there any other comments, 00:32:24.403 --> 00:32:32.323 - questions, thoughts for the good of the order? OK. Then I will adjourn this meeting. Thank you all for 00:32:32.323 --> 00:32:33.246 - being here.