Aug 25, 2021 Board of Directors Regular Meeting Agenda

[1. Invocation / Pledge of Allegiance;]

[00:00:04]

NOW, WELCOME BACK TO THE REGULAR SCHEDULE WOODLANDS TOWNSHIP BOARD OF DIRECTORS MEETING. WE HAVE A SPECIAL INVOCATION.

FATHER THOMAS RAFFERTY, HE'LL DO OUR INVOCATION, GROUP IN THE HEIGHTS, BEEN A PRIEST IN GALVESTON FOR 30 YEARS.

SERVED AT THE CHURCH IN THE WOODLANDS FOR THE PAST 14 YEARS.

I'LL LET HIM SHARE ANY NEWS HE WANTS TO SHARE WHILE HE LEADS

US. >> THANK YOU.

I'M MOVING. I'M MAKING A TRANSITION.

I'M BASICALLY GOING TO CORPORATE, WORKING IN THE CARDINAL'S OFFICE. MY TITLE ALREADY CLERGY.

I'M EXCITED. YES, I'LL MISS BEING HERE.

I FEEL VERY BLESSED BY YOU AND THIS COMMUNITY.

I THANK YOU FOR THAT. YOU CAN'T GET RID OF ME.

I'LL BE AROUND. THANK YOU, CHAIRMAN.

>> YOU ARE STILL WELCOME TO COME BACK.

YOU KNOW THAT. >> OKAY.

ABSOLUTELY. THAT IS A GUARANTEE.

DO YOU WANT ME TO OFFER THE OPENING?

>> YES PLEASE. >> HEAVENLY FATHER, WE COME ASKING FOR YOU GUIDANCE, WISDOM AND SUPPORT AS WE BEGIN THIS MEETING. HELP US TO ENGAGE IN MEANINGFUL DISCUSSION, ALLOW US TO GROW CLOSER AS A GROUP AND NURTURE THE BONDS OF THE COMMUNITY. FILL US WITH YOUR GRACE, LORD GOD AS WE MAKE DECISIONS THAT WILL AFFECT EVERY RESIDENT OF THIS PLACE WE CALL HOME. CONTINUE TO REMIND US THAT ALL WE DO TODAY, ALL THAT WE ACCOMPLISH IS FOR THE PURSUIT OF TRUTH, FOR THE GREATER GLORY OF YOU AND FOR THE SERVICE OF HUMANITY. WE ASK THESE IN YOUR NAME.

AMEN. >> THANK YOU FOR YOUR YEARS OF SERVICE TO THE COMMUNITY, NOT JUST AT YOUR CHURCH BUT IN WORKING WITH ISSUES WITH ADJACENT NEIGHBORHOODS.

>> JUST A FEW. >> JUST A FEW.

WE LOOK FORWARD TO SEEING YOU BACK.

>> THANK YOU. >> I WANT TO WISH YOU A SPECIAL BLESSING TOO, FATHER, BECAUSE WE ALL NEED IT IN THIS TIME OF

COVID. >> A BLESSING TO YOU.

YOU ALWAYS BLESS EVERYBODY SO WE BLESS YOU TOO, IT JUST MAKE ALL OF YOUR EFFORTS SO SUCCESSFUL AND HAPPY YOU HAVE MANY HAPPY DAYS AHEAD OF YOU. STAY HEALTHY.

YOU ARE GOING INTO HOUSTON. >> THAT'S RIGHT.

I HAVE TO WEAR A SUIT EVERY DAY. >> OH, MY.

THERE YOU GO. I'M SURE IT WILL BE BLACK AND

LOOK GOOD. >> THANK YOU.

>> WE'LL DO OUR PLEDGES TO OUR FL

FLAGS. >> I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA.

AND TO THE REPUBLIC FOR WHICH IT STANDS, ONE NATION, UNDER GOD, INDIVISIBLE WITH LIBERTY AND JUSTICE FOR ALL.

UNDER THE TEXAS FLAG, I PLEDGE ALLEGIANCE IN THE NAME OF TEXAS, ONE STATE UNDER GOD, ONE INDIVISIBLE.

[2. Call meeting to order;]

>> A NOTICE OF THIS MEETING WAS POSTED 72 HOURS IN ADVANCE IN THE BOUNDARIES OF THE WOODLANDS. I'LL TAKE ROLL.

DIRECTOR MILNER. >> HERE.

>> DIRECTOR RICER. >> HERE.

>> DIRECTOR SCHNEIDER. >> HERE.

>> WE HAVE A SUFFICIENT NUMBER OF DIRECTORS PRESENT TODAY.

[3. Receive, consider and act upon adoption of the meeting agenda;]

OUR AGENDA. >> SO MOVED.

>> SECOND. >> ALL IN FAVOR SAY AYE.

>> AYE. >> ANY OPPOSED? THAT WILL CARRY. WE DO NOT HAVE ANY PUBLIC OFFICIALS THAT HAVE REGISTERED. I DON'T SEE ANY HIDING IN THE

[5. Public comment;]

AND WE WILL START WITH CLAUDE HU

HUNTER. >> THANK YOU FOR THE HONOR.

IT IS ALWAYS AN HONOR TO SERVE. I GUESS I WAS A WORKAHOLIC BECAUSE I WAS ON ALL THE BOARDS AND COMMITTEES I COULD GET ON.

THEY WOULDN'T LET ME SERVE ON TE WCA BUT I DID ATTEND MOST OF THEIR MEETINGS BECAUSE THAT WAS HOW WE LEARNED HOW WE DEVELOPER WAS DIFFERENT THAN THOSE WHO GRADUATED.

THE SAME THING WITH THE RC'S AND THE SAME THING WITH THE RC AND DSC, I COULD GO ON WITH ALL THE ASSOCIATES IT COMPRISES.

THAT'S NOT WHY I'M HERE. THE MAIN THING I WANT TO EMPHASIZE IS THIS, OBFISCATION IS NOT A WAY TO PRESENT SOMETHING THAT CAN PRESENT WHAT IS GREAT AND WHAT IS GREAT IS

[00:05:02]

IT IS VERY CAREFULLY THOUGHT OUT WITH MANY, STARTING WITH MR. MITCHELL. IT WAS NOT A ONE MAN OPERATION.

IT WAS A TEAM. SOME OF THE TEAM HAS ONLY RECENTLY RETIRED. A FEW ARE STILL THERE.

BUT IT IS GOOD. THAT'S WHY WE ARE ALL HERE.

THAT'S WHY WE ARE SUCCESSFUL. THAT'S WHY WE ARE NUMBER ONE.

THAT'S WHY WE HAVE A NUMBER ONE FIRE DEPARTMENT.

THAT'S WHY WE DON'T NEED INCORPORATION.

THE KEY THING IS WHEN THIS IS PRESENTED TO THE VOTERS I AM JUST SO AMAZED THAT THE OBJECT SEEMS TO BE OBFISCATION.

YES, YOU NEED THE DOCUMENTS BUT IT IS NOT THAT YOU CLUTTER THE THOUGHT PROCESS OF OUR RESIDENTS WITH.

IF THEY HAVE QUESTIONS, YES, THEY NEED AN ACCURATE SOURCE.

NOT SPECULATION. NOT, OH, WHAT ABOUT THIS, WHAT ABOUT THAT? MAYBE AFTER 2057 THE LAW CAN CHANGE? SO WHAT? DEAL WITH IT. BOTTOM LINE, IS IT LIKELY TEXAS WILL REVERT TO WHAT THEY WERE DURING THE REPUBLIC OF TEXAS TIMES WHEN THE LEGISLATURE GOT FED UP WITH PLACES LIKE HOUSTON WANTING TO GET MORE LAWS? FINALLY THEY SAID IF YOU GET BIG ENOUGH YOU CAN MAKE ANY LAW THAT DOESN'T VIOLATE STATE LAW.

THAT IS UNUSUAL IN THE NATION OF AMERICA.

OUR LAWS CAN MAKE HOSTILE ANNEXATION LEGAL AGAIN.

LAST I CHECKED THERE ARE ONLY THREE STATES THAT ALLOW IT.

THOSE WILL GET IT BECAUSE IT IS TAXATION WITHOUT REPRESENTATION.

WE HAD AN ARGUMENTS WITH OTHER PEOPLE ON THE SIDE OF THE POND IF YOU HAVE READ HISTORY. YOU HAVE A SUPERSIMPLIFIED VOTER GUIDE. THE GUIDE DOESN'T GIVE A CONCLUSION. IT GIVES POINTS.

HERE IS THE URGENCY. HERE IS NON-URGENCY.

WHERE IS THE URGENCY BEFORE NOVEMBER '57? WHY DO YOU HAVE TO HAVE A CHRISTMAS PRESENT OF GOING NUMBER ONE IN THE NATION, AS A COMMUNITY, OUR SIZE OR WHATEVER IS NUMBER ONE. ALL OF A SUDDEN, YOU ARE READY -- YOU ARE RATED ON WHAT FEATURES YOU HAVE THAT ARE IN A TYPICAL CITY. IF YOU DON'T HAVE FULL CONTROL, YOU DON'T HAVE FULL CONTROL, IF YOU ARE TRYING TO STAGE THAT IN TO HIDE THE COST OR WHATEVER THE REASON IS.

OF WHAT THE ULTIMATE COST IS, THERE IS NO WAY TAXATION WILL BE CHEAPER. IT CANNOT BE.

WHEN YOU PAY FOR SERVICES FOR EVERYBODY ELSE IN THE COUNTY THAT IS UNINCORPORATED, YOU SAY, I DON'T WANT THOSE.

OUR PLAN HAS ALWAYS BEEN TO ENHANCE, IMPROVE UPON.

THERE IS NOTHING WRONG WITH, IF YOU WANT CONTROL OVER MUCH, WHY TAKE IT AWAY FROM THOSE DEDICATED ELECTED PEOPLE THAT SERVE ON EACH OF THE MUDGE THAT GOES TWICE A YEAR TO CONFERENCES TO LEARN HOW TO BE BETTER. IF YOU WANT TO HELP, CONTRIBUTE.

PART OF THE 14 MILLION YOU PUT ASIDE.

CONTRIBUTE SOMETHING THAT REALLY MAKES A DIFFERENCE TODAY, THIS YEAR. NEXT TIME IT RAINS.

WE HAVE PLACES WITH A HALF INCH OF RAIN, MUD.

WE HAVE STOP SIGNS AND THE STOP SIGNS AREN'T VISIBLE.

WE HAVE LABELS THAT SAY DO NOT DRIVE ON THE PATHWAYS, YET MY GRANDSON AND GRANDDAUGHTER GET RUN OFF BY A PICKUP TRUCK.

WHY NOT? FOCUS ON WHAT IS IMPORTANT.

SIMPLIFY THIS DOWN TO THINGS -- NOT THE -- THE PARKWAY IS DEAD.

SAY THAT. IT IS THE TRUTH.

IT COMES UP INSTEAD, MY GOSH, THEY'LL RUN IT THROUGH ANYWAY.

MAYBE, MAYBE NOT. THE BOTTOM LINE IS IF IT DOESN'T COME OUT IN THE BOUNDARIES OF THE WOODLANDS, I DON'T CARE WHAT CITY YOU ARE IN, YOU CAN'T STOP THEM.

IT IS NOT YOUR JOB. SIMPLIFY IT, PLEASE, PUT IT DOWN TO POINTS THAT ARE PROVABLE, NOT SPECULATION.

EVEN HERE, MY GOSH, BECAUSE WE MADE AN ARGUMENTS IT CAN BE --

[00:10:02]

>> WE KIND OF GAVE YOU A FEW EXTRA MINUTES.

THAT WAS YOUR SECOND THREE MINUTES.

YOU CAN FINISH YOUR POINT. >> BOTTOM LINE IS DON'T SPECULATE ON ANY OF IT. WHEN THINGS ARE AS OUR AGREEMENT IS, REMEMBER AND POST IT AS ONE OF THE ITEMS WE ARE THE ONLY PLACE OR WERE WHEN WE GOT THE AGREEMENT, THE ONLY PLACE IN THE STATE OF TEXAS THAT CAN FORM AN ALTERNATE FORM OF GOVERNMENT.

WHY ARE YOU SATISFIED WE DID IT? WHY IS THAT A PROBLEM? IT IS A SOLUTION TO THE PROBLEM. IT AVOIDS DOUBLE TAXATION.

I'M PROUD OF WHAT WE ACCOMPLISHED.

IF YOU WANT TO LEARN MORE, VISIT THE TWO CITIES THIS TEAM VISITED THAT PRECEDED US. THEY KEEP VOTING ON WHETHER TO INCORPORATE OR NOT. THEY HAVE IT DOWN SIMPLE.

THEY SAY, NO, WE HAVE A BETTER DEAL.

THANK YOU VERY MUCH. >> THANK YOU, CLAUDE.

UP NEXT IS KEN NAGART. >> CLAUDE AND I, OUR PATHS HAVE CROSSED A FEW TIMES OVER THE YEARS.

I HAVEN'T INTRODUCED BUT I'M KENT NAGART.

I'M A 46-YEAR RESIDENT OF THE WOODLANDS, ONE OF THE FIRST THOUSAND. THERE HAVE BEEN A LOT OF PEOPLE, LIKE YOU SAID, VOLUNTEERED AND PUT A LOT OF TIME.

THIS ORGANIZATION OF THE WOODLANDS USED TO BE APOLITICAL BUT THAT HAS CHANGED. I WANT TO GET BACK TO WHERE WE LEFT OFF LAST WEEK. MR. MILNER, I MENTIONED I WOULD ASK YOU, I ASKED MR. NELSON LAST TIME IF THIS PROPOSED TAX RATE AND THIS PIECE OF LITERATURE, YOU SAID WHETHER WE INCORPORATED OR NOT, OUR TAX RATE WILL BE 22.31 CENTS.

MY QUESTION IS, WHY CAN'T WE TAKE THAT 6.22 CENTS THAT THEY FOUND THREE WEEKS AGO AND EITHER REFUND IT BACK NEXT YEAR OR REDUCE OUR TAX RATE, AT LEAST THAT AMOUNT GOING FORWARD? BECAUSE YOU ALL ARE ASSUMING THAT CORPORATIONS WILL PASS.

IF ANYBODY HAS BEEN HERE -- I HAVE BEEN TALKING ABOUT FRANCHISE FEES. MR. BUNCH AND I HAVE DISCUSSED FRANCHISE FEES. HE HAS HAD HIS USUAL SPIN BUT NO ONE ON THE BOARD WILL ACCEPT THE FACT THAT FRANCHISE FEES ARE CHARGED BY YOUR UTILITIES. THEY HAVE 7.2 MILLION DOLLARS, SECOND BIGGEST SOURCE OF NEW INCOME THEY INCORPORATE.

THAT MONEY IS TRANSFERRED RIGHT BACK THROUGH YOUR UTILITY BILL FROM THE UTILITY COMPANIES. SO YOU CAN JUST STARTING FIGURING OUT, FOR INSTANCE, YOU CAN PROBABLY FIGURE THREE OR FOUR CENTS EQUAL TO TAX RATE, ISN'T GOING TO BE PART OF YOUR FRANCHISE FEE. TONIGHT I WOULD ASK TWO QUESTIONS OF MR. RISER. THE COLLECTION IS IN THE BUDGET FOR 7.2. NUMBER TWO, DOES ALL THAT PASS THROUGH THE UTILITY COMPANIES TO THE CONSUMERS, THE RESIDENTS? ALL I NEED IS A YES OR NO. HOPEFULLY WE'LL HEAR FROM MR. MILNER WHY THE TAX RATE CAN'T BE REDUCED 6.2 CENTS IF WE DON'T INCORPORATE. THANK YOU.

>> THANK YOU. UP NEXT IS SIMON BUDISON.

>> GOOD EVENING, LADIES AND GENTLEMEN, THANK YOU FOR ALLOWING ME TO SPEAK TONIGHT. MY NAME IS SIMON BUDISON.

JUST COMPLETED A VERY BUSY WEEKEND HERE IN THE LOCAL AREA.

WE HAD A HOUSTON YOUTH CUP WHICH WE HAD 275 TEAMS COME IN AND VISIT THE LOCAL AREA. WE PLAYED IT GOSLING, WOODLANDS HIGH SCHOOL. SO IT WAS A VERY LONG WEEKEND.

[00:15:02]

THE TEAMS CAME IN FROM THE DA DALLAS, THE HOUSTON MARKET AND FURTHER AFIELD FROM LOUISIANA AND THE SURROUNDING STATES. WE HAD ABOUT 25 TO 30 HOTELS INV INVOLVED.

WE HAVE MEMORIAL HERMAN IN CHARGE OF MEDICAL CARE.

I WANT YOU TO RECOGNIZE AND THANK THOSE GUYS.

IT WAS A BUSY WEEKEND DEALING WITH INJURIES AND ALL THOSE CONCERNS WITH THE HEAT FACTOR. OVERALL, A TREMENDOUS WEEKEND THAT BROUGHT A HUGE ECONOMIC IMPACT TO THE AREA.

WE HAVE BEEN HAVING THIS EVENT SINCE 2006.

ALL THE PROCEEDS FROM THIS EVENT GOES BACK TO OUR SCHOLARSHIP FUND AND WE RAISED A DOLLARS INTO THAT SCHOLARSHIP FUND THAT HELPED OUR FAMILIES SINCE 2006 SO WE ARE PROUD OF THAT FIGURE. NEXT UP, THE REP PROGRAM WHICH IS OUR GRASS ROOTS PROGRAM, THAT STARTS ON SEPTEMBER 18.

WE SHOULD HAVE 1500 PLUS PLAYERS REGISTERED BY THAT TIME PERIOD.

WE'LL HAVE 200 VOLUNTEER COACHES.

THEY'LL VOLUNTEER TO MOVE THE PROGRAM ALONG.

THAT WILL BE CONDUCTED AT A BRUNCH ON SATURDAY FROM 8:00 UNTIL 2:00 P.M. YOU ARE WELCOME TO COME AND WATCH THE LAUGHTER. WE'LL HAVE A THOUSAND GAMES THROUGHOUT THE FALL WITHIN THAT PROGRAM.

AGAIN, A VERY, VERY BUSY FALL. I'D LIKE TO THANK THE SUPPORT FOR THE TOURNAMENT. OUR PLANNING HAS GONE WELL FOR THE FALL. WE LOOK FORWARD TO ON EXCITING FALL SEASON OF YOUTH SOCCER. THANK YOU VERY MUCH FOR YOUR

SUPPORT. >> THANK YOU, SIMON.

IF WE HAVE ANYBODY WHO MISSED THE SIGN-UP.

THIS IS YOUR CHANCE. SEEING NONE WE'LL CLOSE PUBLIC

[6. Receive, consider and act upon reports from Village Association representatives;]

THE YEAR, MARYAN BRAID. >> THANK YOU.

MY NAME IS MARYAN BRAID. BEFORE CLAUDE -- CLAUDE WILL SIT IN THE BACK. I WANT TO ADD OUR CONGRATULATIONS FROM THE ASSOCIATION FOR THE MANY YEARS HE SERVED US. HE WAS ON THE BOARD WHEN I JOINED THE BOARD. I CERTAINLY APPRECIATE ALL THE HELP HE HAS GIVEN ME. I'M GOING TO GIVE YOU AN UPDATE ON OUR ACTIVITIES ON ALDEN BRIDGE.

I'M GOING TO GIVE YOU A SHORT UPDATE ON A MEETING HELD BY VILLAGE ASSOCIATION OFFICERS. WE HELD OUR VILLAGE ASSOCIATION ON AUGUST 10 AND ALLOWED MEMBERS TO JOIN USING ZOOM.

WE RECEIVED A LAW ENFORCEMENT REPORT FROM SPECIALIST MEDINA AND I WOULD LIKE TO THANK DR. SEKULA GIBBS FOR JOINING US AND GIVING AN UPDATE ON TOWNSHIP ACTIVITIES.

WE HAD A GREAT TIME AT OUR POOL PARTY AT THE POOL ON SATURDAY, AUGUST 7. WE HAD 132 PEOPLE JOIN US BETWEEN 10:00 AND 2:00 ON THE FREE POOL DAY.

THE MAGICIAN WAS FUN. WE ENJOYED LUNCH FROM CHIK-FIL-A. IT WAS NICE TO SEE DR. NELSON AND HIS WIFE WHO JOINED US FOR THE PARTY.

WE ARE PLANNING A FALL FESTIVAL ON SATURDAY, NOVEMBER 6 FROM 10:00 A.M. UNTIL 2:00 P.M. THERE WILL BE BOUNCE HOUSES, A CLIMBING WALL, A DJ AND OTHER FUN GAMES AND ACTIVITIES.

THE MAGICIAN AND THE BALLOON TWISTER WILL JOIN US AGAIN ALONG WITH A FACE PAINTER. OUR NEXT MEETING WILL BE ON SEPTEMBER 14. THE BOARD HAS DECIDED TO USE ONLY ZOOM FOR OUR NEXT TWO MEETINGS WITH THE RISE IN COVID CASES AND THE DELTA VARIANT. WE WILL HAVE CHAIRMAN BUNCH AS OUR SPEAKER TO SHARE INFORMATION ON INCORPORATION AT OUR MEETING AND WE INVITE RESIDENTS TO ATTEND THE PRESENTATION AND HAVE THE OPPORTUNITY TO ASK THEIR QUESTIONS.

I WOULD ALSO LIKE TO GIVE YOU AN UPDATE ON THE VILLAGE ASSOCIATION MEETING THAT WAS HELD ON ZOOM ON AUGUST 9.

ALL OF THE VILLAGE ASSOCIATIONS WERE REPRESENTED AND ONE OF THE MAIN TOPICS THAT WE TALKED ABOUT WAS INSURANCE.

MANY OF THE ASSOCIATIONS PLAY DIFFERENT AMOUNTS FOR THEIR

[00:20:01]

THE VILLAGE ASSOCIATION OFFICERS ARE PLANNING TO MEET EVERY MONTH TO SHARE EXPERIENCES AND RESOLVE ISSUES THAT EACH VILLAGE ASSOCIATION FACES. THAT'S THE END OF MY REPORT.

THANK YOU. >> THANK YOU, MARION.

NEXT, WE HAVE JC WITH CONFERENCE CROS

CROSSING. >> THANK YOU.

I WANT TO GIVE A QUARTER REPORT FOR CROCKER CROSSING.

WE HAVE BEEN MEETING THE PAST TWO MONTHS.

WE HAD OUR MEETING LAST NIGHT BECAUSE OUR MEETINGS ARE ALWAYS RIGHT BEFORE YOU. WE HAD 13 MEMBERS HERE AND FOUR JOINED US BY ZOOM. WE HAVE TERRY MCARTHUR THERE TO SHARE INFORMATION WITH US. WE APPRECIATE THAT VERY MUCH.

WE DID PARTICIPATE IN THE 4TH OF JULY PARADE AND HAD TWO SCHOLARSHIP WINNERS. OUR POOL PARTY WAS HELD AUGUST 8 AT BRIAR BRANCH. WE HAD 76 PEOPLE THERE WITH CORONA ICE. HAD A FIRE TRUCK, THE CONSTABLE, A LOT OF FOOD AND FUN. OUR LARGEST EVENT IS THE FALL FESTIVAL SCHEDULED FOR OCTOBER 24 AT SHADOW BEND.

IT WILL BE FROM 1:00 UNTIL 4:00. WE USUALLY HAVE BETWEEN 1,000 AND 1500 PEOPLE THERE. THIS WILL BE OUR 28TH ANNUAL AND WE HOPE MANY OF YOU CAN ATTEND. WE'LL BE WORKING ON OUR TEACHER GRANTS FOR TEACHERS AND OUR THREE ELEMENTARY SCHOOLS WE'LL TRY TO AWARD IN JANUARY. WE'D LIKE TO THANK YOU FOR YOUR

SUPPORT TO OUR VILLAGE. >> WHEN IS YOUR MEETING NEXT

MONTH, JC? >> WE ARE THE FOURTH TUESDAY.

>> THE FOURTH TUESDAY. >> WE ARE RIGHT BEFORE YOU MEET

ON WEDNESDAY. >> OKAY.

>> WE REACHED OUT TO YOU TO INVITE OURSELVES TO PRESENT TO YOUR VILLAGE ASSOCIATION IF WE HAVEN'T, I'LL INVITE MYSELF TO

COME TO YOUR MEETING. >> I'LL GET IN TOUCH WITH YOU.

>> WE'LL MAKE IT HAPPEN. STAFF IS WORKING ON IT.

>>THANK YOU. >> ALL RIGHT.

DO WE HAVE ANY OTHER VILLAGE ASSOCIATION REPRESENTATION? IF WE DON'T, THAT WILL BRING US TO A MOTION AND A SECOND TO

RECEIVE THE REPORTS. >> SO MOVED.

>> SECOND. >> ALL IN FAVOR SAY AYE.

>> AYE. >> ANY OPPOSED? ALL RIGHT. WE ARE NOW TO REGULAR AGENDA ITEM 7, RECEIVE, CONSIDER AND ACT UPON EMERGENCY AUTHORITY RELATED TO PANDEMIC UPDATES. I DON'T THINK WE HAVE ANYTHING SCHEDULED. WE HAVE THIS AS A PLACE HOLDER IN CASE ANYTHING RELATIVE COMES TO MIND WHICH WILL MOVE US TO

[8. Receive, consider and act upon Incorporation Planning Study matters (as requested by Chairman Bunch); ]

KAREN. >> AS A REMINDER, OBVIOUSLY, BECAUSE IT HAS COME UP A COUPLE OF TIMES ALREADY THIS EVENING,

[00:25:05]

AS A REMINDER, THE BEST SOURCE OF INFORMATION IS THE TOWNSHIP INCORPORATION STUDY WEBSITE WHICH IS WWW.THEWOODLANDSINCORPORATION STUDY.COM.

IN ADDITION TO HAVING AN AREA TO SUBMIT A QUESTION, WE HAVE INFORMATION ON THE ELECTION INCLUDING THE BALLOT LANGUAGE AND A REMINDER PROPOSITION 8 WOULD CREATE THE CITY OF THE WOODLANDS AND SET THE TAX RATE, PROP B DEPENDS ON PROP A AND WOULD TRANSFER RIGHTS, RESPONSIBILITIES, AUTHORITIES AND AUTHORITIES TO THE NEW CITY OF THE WOODLANDS WHICH WOULD ALLOW THE TOWNSHIP TO DISSOLVE. IN ADDITION BECAUSE THERE IS A GREAT REQUEST FOR INFORMATION WE HAVE THE INCORPORATION FACT SECTION THAT LISTS DETAILS OF THE DIFFERENCES OF THE TOWNSHIP OR SERVICES PROVIDED UNDER THE TOWNSHIP VERSUS UNDER THE CITY OF THE WOODLANDS. WE ARE WORKING ON DEVELOPING SOME MORE SUCCINCT INFORMATION FOR THOSE PEOPLE WHO ARE INTERESTED IN NOT GETTING INTO THE DETAIL BUT JUST RECEIVING THE HIGH LEVEL INFORMATION. ALL RIGHT, ANY QUESTIONS FOR

KAREN? >> I HAVE A COMMENT.

KAREN, WOULD YOU PUT THE CONTROLLING PART UP?

>> SURE. >> WOULD YOU SCROLL BACK TO THE TOP? RIGHT THERE WHERE YOU HAVE PUBLIC EDUCATION SUMMARY. YOU SEE WHERE IT SAYS CURRENTLY.

>> YES, WE NEED TO UPDATE THAT. >> THAT WOULD BE HELPFUL.

>> THAT INFORMATION HAS BEEN FINALIZED.

WE DO HAVE -- FOR ANYONE -- THAT IS A GREAT REMINDER.

FOR ANYONE WHO IS INTERESTED IN LISTENING TO WHERE THE NUMBERS COME FROM IN THE FINAL VERSION OF THE STUDY, WE HAVE LINKS TO THE AUGUST 13 MEETING WHERE THERE WAS A DETAILED PRESENTATION PROVIDED, THE BASIS FOR THOSE NUMBERS IN ADDITION TO

THE CONSOLIDATED REPORT -- >> I COULD SEE HOW THAT WOULD BE CONFUSING, BECAUSE YOU HAVE DATES ON THE NEXT PART BELOW BUT THERE ISN'T A DATE HERE TO SHOW WHEN THIS WAS POSTED.

>> I APOLOGIZE. WE'LL GET THAT UPDATED.

>> THANK YOU. >> MY COMMENT WAS THE SAME AS DOCTOR SEKULA GIBBS. THE TOWNSHIP IS WORKING TO

FINALIZE THE AUGUST 13? >> YES, AUGUST 13.

>> DIRECTOR? ANY QUESTIONS OR COMMENTS?

>> NO QUESTIONS OR COMMENTS. >> I WANT TO ASK MR. NAGART WHO CHALLENGED ME TO ANSWER THIS QUESTION.

FRANCHISE FEES, ANY TAXATION THAT GOVERNMENT IMPOSES ON BUSINESS ULTIMATELY MAKES ITS WAY TO THE END USER.

I DON'T CARE WHAT IT IS. WHAT I CAN'T SAY WITH ANY LEVEL OF CERTAINTY, NEITHER CAN MR. NAGART, WHETHER THE COMMUNITY IS PAYING THOSE FEES THROUGH NON-DISCLOSEABLE ACCESS FEES.

HE HAS BEEN TRYING TO FIND THEM FOR FOUR YEARS.

WE HAVE BEEN TRYING TO FIND THEM FOR FOUR YEARS AND NEITHER OF US HAVE BEEN SUCCESSFUL. WHEN HE COMES UP AND SAYS THERE IS A NUMBER IN THERE. IT IS A NUMBER THAT IS LEGITIMATE, IT IS $7 MILLION, THE QUESTION WE HAVE AND THE QUESTION WE'VE HAD SINCE DAY ONE, NOBODY KNOWS WHETHER YOU ARE PAYING THEM TODAY OR NOT, NOBODY CAN SAY THAT WITH CERTAINTY EXCEPT FOR IF THE OPERATING COMPANY, POWERED USE CORPORATION OR THOSE UTILITY COMPANIES WOULD RESPOND TO THE REPEATED REQUEST OF THE BOARD AND TO MR. MAGGERT ON WHETHER OR NOT THOSE ACCESS FEES WERE BEING PAID.

OK OKAY?

>> [INAUDIBLE] >> THAT'S OKAY.

I UNDERSTAND BUT WE CAN'T TAKE YOU FROM THE SEATING AREA -- YOU CAN'T. THAT'S NOT -- I WILL SAY WHAT YOU WERE TRYING TO SAY. I'LL READ YOUR MIND FROM HERE.

[00:30:01]

UPON INCORPORATION, IT WOULD NOT BE DUPLICATED.

I WON'T BE A NEW EXPENSE. THEY HAVE A PRIVATE ACCESS ARRANGEMENT WITH THE WOODLANDS OPERATING.

WE WERE TOLD BY ENTERJC THEY WERE CHARGING THE FEES.

THE BALANCE OF THE UTILITIES HAVE BEEN NONS RESPONSIVE.

THEY ARE NOT REQUIRED TO RESPOND.

THEY ARE CONTRACTS THEY MAY OR MAY NOT HAVE.

THEY ARE PRIVATE GREAT MANY TIMES WE CAN'T FORCE THE DEVELOPER TO RESPOND TO OR THE UTILITY TO RESPOND TO.

AS PRESENTED BY OUR CONSULTING ATTORNEYS, THE FEES AREN'T OPTIONAL. IT IS A REQUIREMENT BY THE STATE OF TEXAS AND THEY WILL HAVE TO BE COLLECTED.

WE CAN'T NOT COLLECT THEM. IT IS AN ESTIMATE IN THE THING.

AT LEAST ONE MILLION OF THE 7 MILLION IS COMCAST.

WE ARE NOT CHASING 7 MILLION. YOU ARE CHASING 6 MILLION.

IT MAY OR MAY NOT BE DUPLICATED OR NOT.

WE JUST DON'T -- WE HAVE BEEN CONSISTENT ON THAT ANSWER.

IT IS WHAT IT IS. AS FAR AS WHAT MR. MAGGERT WAS SAYING, YOU CAN LOOK AT YOUR BILL.

IT EITHER SAYS IT OR DOESN'T. ACCESS FEES ARE NOT REQUIRED TO BE DISCLOSED ON YOUR BILL. THOSE ARE PRIVATE ARRANGEMENTS WITH DEVELOPMENT COMPANIES. THEY COULD BE THERE.

YOU COULD BE PAYING THEM AND YOU WOULDN'T KNOW IT.

FRANCHISE FEES ARE REQUIRED TO BE DISCLOSED -- ACTUALLY, I

DON'T THINK THEY ARE REQUIRED. >> THEY ARE NOT.

ACTUALLY, T-MOBILE CONFIRMED THAT EVEN THOUGH THEY MAY OR MAY NOT PAY FRANCHISE FEES, THEY DO NOT INCLUDE ANY OUTSIDE FEES OR SURCHARGES. THEY BILL THEIR CUSTOMER FEE WHICH INCLUDES SERVICES, TAXES AND ALL FRANCHISE FEES AND SERVICE FEES. THEY DON'T DISCLOSE THOSE ON THEIR BILL TO THEIR CUSTOMERS. THAT IS ONE UTILITY OR COMMUNICATIONS PROVIDER THAT DOESN'T PROVIDE A BREAKDOWN.

>> ENTERGY WILL PAY A FRANCHISE FEE THAT WE DON'T PAY.

SO WITH THAT, IT WILL BE REQUIRED ONCE WE ARE IN CITY.

IF AND WHEN THAT HAPPENS TO PAY FRANCHISE FEE.

>> OKAY. AS TO THE QUESTION REGARDING SALES TAX -- NOT SALES TAX BUT SIX CENT MAGICAL TAX RATE REDUCTION, I DON'T KNOW IF YOU WANT TO ADDRESS THAT QUESTION.

I WOULD ANSWER THAT QUESTION BUT I THINK IT IS MORE CREDIBLE FROM

MONIQUE. >> IT IS ACTUALLY COMPLICATED BUT I'LL TRY TO MAKE IT AS SIMPLE AS POSSIBLE.

THE SIMPLEST ANSWER IS THE $13 MILLION IN THE ORIGINAL MODEL AND WHERE WE ARE NOW, IT WAS $13 MILLION NEGATIVE AND NOW WE ARE AT 9.6 MILLION DOLLARS. WE ARE NOT TALKING ABOUT TODAY, THOSE WERE NUMBERS PROJECTED INTO THE FUTURE BY THE CONSULTANT'S ORIGINAL STUDY WHICH WAS OUT IN YEAR 2024 AND THE UPDATED MODEL IS IN 2025. THAT IS IN YEAR FOUR OF INCORPORATION AFTER ALL OF THE EXPENSES ARE LOADED IN OVER THAT FOUR YEAR PERIOD. THE MOST SIMPLEST ANSWER I CAN GIVE, IT DOESN'T HAVE ANYTHING TO DO WITH WHERE WE ARE TODAY.

IT HAS TO DO WITH WHERE WE'LL BE WHEN ALL OF THE EXPENSES ARE FULLY LOADED IN IN YEAR FOUR OF INCORP

INCORPORATION. >> AND EVEN TO EXPAND ON THAT, IT IS FOUR YEARS IN THE FUTURE PROJECTED REVENUE AGAINST PROJECTED EXPENSES. THERE ARE REVENUES AND EXPENSES THAT GO ALONG WITH INCORPORATION.

YOU CAN'T SAY, OH, YOU CAN MAGICALLY TAKE SIX CENTS OUT, GUESS WHAT? YOU DON'T HAVE THE REVENUE TO THE CITY THAT THE TOWNSHIP DOESN'T COLLECT, YOU MAY NOT ALSO HAVE THE OFFSETTING EXPENSE.

IT IS NOT A ONE FOR ONE DOLLAR. IT IS NOT LIKE -- IF YOU TRY TO TAKE SIX PENNIES OF OUR TAX RATE, WE WOULD HAVE TO GET RID OF THE FIRE STATION, WE WOULD HAVE TO STOP PICKING UP YOUR TRASH BECAUSE THAT WOULD BE 12 TO 13 MILLION DOLLARS OF OUR OPERATING BUDGET. IN TODAY'S BUDGET, THERE ISN'T

[00:35:02]

IT IS ALL FUTURE PROJECTED, MULTIPLE YEARS OUT AS MONIQUE SAID, BLENDING IN THE ADDITIONAL EXPENSES THAT WE INCUR.

IN OUR DETAILED PRESENTATION, WE'LL HAVE LINKS FOR PEOPLE WHO WANT TO WATCH THE AUGUST 13 MEETING, THERE IS OVER A MILLION DOLLARS IN ALCOHOL TAX. IT IS NOT NEW TAX.

IT IS TAX COLLECTED TODAY IN THE TOWNSHIP THAT GETS REMITTED TO THE STATE OF TEXAS AND WE DON'T GET ANY OF.

AS A MUNICIPALITY, WE GET 10% OF THE COLLECTED TAX, DOESN'T TAKE IT TO ANYBODY. THERE IS ONE MILLION DOLLARS THAT HAS NOTHING TO DO WITH BEING A TOWNSHIP YOU CAN'T PUT INTO YOUR SIX CENT FORMULA. WE HAVE THE FRANCHISE FEE, THAT IS 7 MILLION DOLLARS OF REVENUE THAT ONLY COMES IF YOU ARE A CITY. IT IS NOT LIKE IF YOU DON'T BECOME A CITY, THERE IS 7 MILLION DOLLARS YOU CAN TURN AROUND AND OFFSET YOUR TAX WITH BECAUSE YOU DON'T GET IT.

YOU WON'T HAVE SOME NEW EXPENSES WHICH IS PART OF WHY I RECOMMEND IF YOU WANT THE DETAIL ANALYSIS OF HOW YOU GO FROM POINT A TO POINT B, IT IS A MULTI-YEAR PROJECTION.

IT IS BASED ON OUR BASE BUDGET. THE QUALITATIVE EXPERIENCES OF OUR RESIDENTS, THE PARKS, THE PATHWAYS, THE POOLS, THE FIRE SERVICE, THE TRASH BEING PICKED AT YOUR HOUSE, THE ESCALATING COST OF OUR TAX SERVICE IS FACTORED IN.

INFLATION IS FACTORED IN. COMPENSATION, RETIREMENT, ALL THE THINGS IT TAKES TO RUN THIS COMMUNITY TO BE NUMBER ONE THAT WE ARE TODAY IS FACTORED IN IN THE BASE BUDGET.

WE ADD IT IN, THE ADDITIONAL OFFSET BY NEW REVENUE.

WHEN YOU PROJECT IT OUT, THERE ARE PLUSES AND MINUSES IN THE REVENUE AND EXPENSE CATEGORY. WE HAVE A MULTIYEAR TRANSITION AGREEMENT FOR LAW ENFORCEMENT. THAT'S PROBABLY THE BIGGEST REASON YOU DON'T HAVE A YEAR ONE CHANGE IN YOUR TAX RATE.

BECAUSE OUR CURRENT AGREEMENT -- IT IS A FIVE YEAR TRANSITION AGREEMENT. IF THE RESIDENTS VOTE TO INCORPORATE IN THIS COUNTY, THE FIRST YEAR POST THAT VOTE, THERE IS NO CHANGE. THE CURRENT PROVIDERS ARE THE SAME PROVIDERS ALL THE WAY THROUGH 2022, NO ADDITION COST.

THAT'S WHY THERE IS NOT A BUMP IN OUR EXPENSES.

WE WORKED OUT IT IN THE TRANSITION AGREEMENT TO SOFTEN THE EXPENSE TO THE TOWNSHIP AND TO PROTECT THE JOBS FROM OUR LAW ENFORCEMENT PERSONNEL SO THEY DON'T END UP WORRYING ABOUT BEING EMPLOYED. WE RESTRICTED THE CITY GOING FORWARD FROM DRAWING DOWN CONTRACT DEPUTIES TO CERTAIN LEVELS YEAR BY YEAR SO YOU HAVE A FIVE-YEAR TOTAL TIME PERIOD TO BUILD OUT YOUR LONG TERM LAW ENFORCEMENT, INFRASTRUCTURE AND SERVICE PROVIDER. YOU KNOW, AGAIN, IN OUR BASE BUDGET, IF YOU WERE HERE AT THE EARLIER MEETING, WE ALREADY SPEND 14 MILLION DOLLARS A YEAR IN LAW ENFORCEMENT, THAT INCLUDES THE PURCHASING OF VEHICLES, THE PAYING OF THE PENSION PLAN, PAYING THE OVERTIME AND PAYING OFFICERS.

>> AND THE VEHICLES AND BENEFITS.

>> AND VEHICLES AND BENEFITS, THAT'S RIGHT.

IF WE DON'T INCORPORATE, THERE IS NO REVENUE TO OFFSET YOUR BUDGET FOR THE TOWNSHIP FOR THIS CALENDAR YEAR, IT IS ALREADY ESTABLISHED. NEXT YEAR IT WILL BE UPDATED BASED ON WHAT IS GOING ON NEXT YEAR.

THE ADDITIONAL MAXIMUM TAX RATE ON THE BALLOT IS THE MAXIMUM RATE THAT THE CITY COULD IMPOSE NEXT CALENDAR YEAR.

>> RIGHT. >> RIGHT? SO THEY CAN IMPOSE A LOWER TAX RATE.

THERE COULD BE ECONOMIC SWINGS AND THINGS COULD COME IN AND THEY DON'T HAVE TO ADOPT THAT RATE.

THAT'S THE MOST THEY CAN CHARGE. WHEN YOU GET INTO THE TAX RATES WILL GO THROUGH THE ROOF SCENARIOS, THE TOWNSHIP AND THE CITY ARE BOTH SUBJECT TO THE NEW TAX LAWS.

THIS ISN'T SUBJECTIVE. NO ENTITY CAN RAISE PROPERTY TAXES MORE THAN 3.5% WITHOUT VOTER APPROVAL.

>> CORRECT. >> IF YOUR MAXIMUM RATE IS 2.221, THERE IS NO LEGAL WAY CITY COUNCIL NEXT YEAR CAN GO

[00:40:06]

THE FOLLOWING YEAR, 2023 WILL BE SUBJECT TO THE TRUTH IN TAXATION LAWS WHICH WILL RESET WHAT THE MAXIMUM RATE CAN BE BASED ON THAT NEW LAW. DELTA IS 3.5% MAX WITHOUT VOTER APPROVAL. IF YOU LOOK AT OUR AVERAGE HOUSE IN THE WOODLANDS, IT COMES OUT TO HOW MUCH OF ADDITIONAL TAX, IF FOR SOME REASON SOMEBODY WANTED TO GO THAT LEVEL?

>> $5. >> $5?

>> YES. BECAUSE IT IS OFF AN EFFECTIVE

RATE SO IT IS LOWER THAN THAT. >> YOUR MAXIMUM EXPOSURE ISN'T SOME UNWIELDING AMOUNT TO RUN YOU OUT OF YOUR HOUSE.

IT IS NOMINAL. THAT CALCULATION WILL BE DONE EVERY YEAR. IT IS STATE LAW.

WE CAN'T CHANGE IT. NOBODY ELSE CAN.

>> IT IS ALLOWED ON PROPERTY TAX AND NOT THE FULL AMOUNT OF PROPERTY TAX. BUT THAT WOULD NOT EVEN IMPACT A LOT OF THE PEOPLE IN THIS ROOM BECAUSE WE WOULD BE ABLE TO GRANT A PROPERTY TAX FREEZE FOR SENIORS.

IF YOU CAN ELABORATE ON THAT, I THINK THAT ALSO CAN BE OF SOME

COMFORT AND REASSURANCE. >> THAT'S IN OUR PLAN.

>> WELL, IT IS. >> IT NEEDS TO BE DRIVEN HOME.

PEOPLE HAVE BEEN TALKING ABOUT, WHERE WOULD THE TAXES GO? HOW HIGH COULD THEY GO? HOW QUICKLY COULD THEY GO? THAT IS A BIG IMPORTANT SAFETY NET FOR SENIORS BECAUSE OF THE

PROPERTY TAX RATE. >> IT IS.

WE HEARD COMMENTS ABOUT SIMPLIFYING TO THE KEY POINTS.

WE HEAR YOU. WE ARE WORKING WITH OUR STAFF, OUR CONSULTANTS AND OUR LEGAL CONSULTANTS TO COME WITH SIMP SIMPLIFIED COMMUNICATIONS BECAUSE IT IS A DENSE AMOUNT BECAUSE OF THE NUMBER OF YEARS IT TOOK. THAT IS ONE OF THE THINGS PEOPLE NEED TO UNDERSTAND. THERE ARE A LOT OF THINGS OUT THERE. I WANTED TO ADDRESS THE FUTURE TAX RATE. IT IS A FUTURE TAX RATE.

YOU CAN'T TAKE A REVENUE SOURCE FROM FIVE YEARS FROM NOW THAT IS SUBJECT TO A DIFFERENT TYPE OF ENTITY AND APPLY IT TO THE CURRENT YEAR TO TAKE SIX CENTS OFF.

IT DOESN'T WORK. >> I DON'T HAVE IT TO PULL UP THE PRESENTATION, ON AUGUST 13, THERE IS A ONE PAGER THAT RECONCILES THE 13 MILLION THAT WAS IN THE ORIGINAL MODEL TOT 6.9 MILLION TO THE DOLLAR, TO THE ACTUAL DOLLAR.

YOU CAN SEE EVERY SINGLE ELEMENT OF ONE PAGE ON WHAT MAKES THAT UP. IT IS CLEAR IN THERE IT IS -- WE ARE LOOKING INTO THE FUTURE IN YEARS 2024-2025.

>> JUST TO BE COMPLETELY CLEAR, 13 MILLION IS CUMULATIVE, OVER

THE FIVE-YEAR PERIOD. >> CORRECT.

>> YOU ARE TALKING ABOUT THE NUMBER IS LESS THAN 6 CENTS.

PROPERTY TAXES MAKE UP LESS THAN 14% OF OUR BUDGET.

IT IS REDUCED BY ANOTHER 16%. WHEN YOU START DOING -- THOSE NUMBERS GO DOWN PRETTY QUICK. WE ARE NOT TALKING ABOUT 13 MILLION DISAPPEARING. YOU ARE TALKING ABOUT A COUPLE OF MILLION THAT THE PROJECTIONS -- AND MOST OF THAT IS COVERED BY THE CHANGE IN THE SALES TAX LAW, THAT WE DID NOT KNOW ABOUT WHEN THE ORIGINAL STUDY WAS PUBLISHED.

>> YOU WILL SEE ON THAT ONE SHEET THE DIFFERENCE WHERE WE WERE IN THE MODEL TO WHERE WE ARE NOW IS WHAT DIRECTOR RIESER SAID, IT HAS TO DO WITH OUR TAX CODE.

>> IT IS IMPORTANT WHEN WE TALK ABOUT THE TAX RATE OR THE OTHER THINGS IN THERE, THIS TOWNSHIP BOARD DOES NOT DECIDE THAT.

CITY COUNCIL OR THE CHARTER WILL DO THAT.

ONE BOARD CANNOT DICTATE WHAT ANOTHER BOARD MAY OR MAY NOT DO.

IT IS BUILT IN BUT -- >> I THINK YOU CAN DO IT POST

THE ELECTION. >> YES, YOU COULD.

>> BECAUSE YOU WILL BE AN INTERIM BOARD WHICH IS A LEGAL QUESTION. WE'LL GET A LEGAL ANSWER ON THAT. THE MAJORITY OF THE BOARD ISN'T UP FOR ELECTION. I THINK THE INTERIM BOARD COULD

[00:45:07]

THAT. >> WE CAN AND HAVE BECAUSE OF THE PUBLIC REFERENDUM. THAT TAX RATE IS LOCKED IN.

IT CAN'T GO ANY HIGHER. >> AGREE.

>> NO MATTER WHAT THE NEW BOARD WOULD CHOOSE TO DO OR CITY

COUNCIL WOULD DO. >> YOU HAVE ALREADY CALCULATED

IN THAT FREEZE. >> THE BOARD, THAT WAS ONE OF THE INITIATIVES THE BOARD APPROVED, TO OFFER THE SENIOR TAX FREEZE. IT IS FOR SENIORS AND DISABLED

CITIZENS. >> IT IS ALREADY CALCULATED.

>> AND I UNDERSTAND THAT. I'M SAYING, IT IS NOT AN

ABSOLUTE. >> IT IS A SPECIAL PURPOSE DISTRICT. IT IS NOT AN OPTION.

AS A CITY, IT IS. >> CHAIRMAN BUNCH, IF I MAY ADD A COMMENT GOING BACK TO FRANCHISE FEES THIS GOES TO WHAT DR. SNYDER WAS SAYING, FRANCHISE FEES ARE REQUIRED BY STATE LAW.

CITIES HAVE NO CHOICE BUT TO CHARGE FRANCHISE FEES.

THAT WAS SOMETHING THE TEXAS LEGISLATURE ENACTED.

THEY DIDN'T PROHIBIT THOSE TAXES FROM BEING PASSED ON TO THE CUSTOMERS. THAT IS SOMETHING WE HAVE TO LIVE WITH. IF PEOPLE WANT TO GET THAT AMENDED, I'M SURE PEOPLE WOULD LIKE TO NOT PAY THOSE.

THE PURPOSE OF FRANCHISE FEES IS TO PAY THE PUBLIC FOR PRIVATE COMPANIES BEING IN THE RIGHT OF WAY.

IT IS A RENT THAT IS REQUIRED TO BE PAID BY PUBLIC COMPANIES SUCH AS YOUR ELECTRIC, GAS AND CABLE COMPANIES AND OTHER HIGH SPEED INTERNET PROVIDERS. THEY ARE TO PAY A FEE, RENT TO BE IN THE PUBLIC RIGHT OF WAY. THAT'S WHAT THE FRANCHISE FEES ARE. THEY ARE REQUIRED BY TEXAS LAW.

THEY ARE NOT PROHIBITED FROM BEING PASSED ON TO THE END USER.

THAT'S THE WAY THE STATE LAW IS WRITTEN.

SECONDLY, A CITY COUNCIL WOULD DETERMINE WHAT THOSE RATES ARE AND THE MAXIMUM A FEE CAN BE IN MOST CASES GENERALLY IS 5%.

IT COULD BE AS LOW AS 1%. THERE ARE OTHER DECISION POINTS TO BE MADE AT SOME POINT. FRANCHISE FEES IN THE MODEL ARE PROBABLY A WORSE CASE SCENARIO. IN OTHER WORDS, THE $7 MILLION IS THE MOST THAT WOULD BE REQUIRED.

THE ACTUAL NUMBER COULD VARY. IT COULD BE LOWER DEPENDING ON WHAT RATES WERE APPROVED. THOSE FRANCHISE FEES SERVE PURPOSES. NUMBER ONE AS I SAID BEFORE, TO COMPENSATE TAXPAYERS FOR USE OF THEIR RIGHTS OF WAY.

NUMBER TWO, SOME OF THOSE FRANCHISE FEES CAN BE DIRECTED TO PAY FOR PUBLIC WORKS STAFF TO HELP MANAGE AND CONTROL RIGHTS OF WAY AND DAMAGE. SOME OF THOSE REVENUES ARE ALSO TRANSFERRED TO COVER AND PAY FOR PERSONNEL IN THE PUBLIC WORKS DEPARTMENT. WE HAVE SEEN IT RECENTLY, THERE HAS BEEN DAMAGE DONE IN THE PUBLIC RIGHTS OF WAY.

FRANCHISE FEES CAN PAY FOR STAFF TO HELP MONITOR AND OVERSEE CONTRACTORS IN A REGISTRATION PROCESS TO HELP PROTECT AND PRESERVE THE RIGHTS OF WAY. LASTLY AS AN EXAMPLE WITH THE CABLE FRANCHISE FEES. 1% OF FRANCHISE FEES CAN BE REQUIRED THROUGH THE FEDERAL COMMUNICATIONS ACT OR CABLE ACT TO HELP PROVIDE A PUBLIC EDUCATION GOVERNMENT CHANNEL TO DISSEMINATE INFORMATION WITHIN THE COMMUNITY ABOUT VARIOUS ISSUES. THERE ARE PURPOSES FOR FRANCHISE FEES, THERE ARE REQUIRED BY STATE LAW.

THE -- UNINCORPORATED AREAS CANNOT CHARGE THEM.

THERE IS A PUBLIC BENEFIT AND PURPOSE FOR THOSE FRANCHISE

FEES. >> ALL RIGHT.

IF THERE ARE NO OTHER QUESTIONS, WE WILL HAVE A ONE PAGER IN THE FUTURE, GET READY FOR IT NOW? NO.

I'M SCARED. I DON'T KNOW IF YOU ARE READY OR

NOT READY. >> THANK YOU, MR. CHAIRMAN.

THERE WAS TALK OF HAVING A ONE PAGER OR SIMPLIFIED APPROACH, WE

HAVE THAT AT THE FRONT. >> ON THE WEBSITE AND ALSO ON THE FRONT. THANK YOU MR. CHAIRMAN.

[00:50:17]

>> SURE. HE IS ABANDONING HIS POST.

>> IT IS A HIGH LEVEL, GIVES A COMPARISON OF WHAT WE HAVE UNDER THE CURRENT TOWNSHIP AS COMPARED TO INCORPORATION.

AGAIN, IT IS AT A HIGH LEVEL. THIS DOCUMENT WILL BE EVOLVING AGO WE RECEIVE ADDITIONAL REQ REQUESTS, WITH COMMON QUESTIONS THAT ARE ASKED AND -- BUT IT IS

JUST TO PROVIDE AN AT A GLANCE. >> IS THERE A LINK SO FOLKS CAN

FIND THIS EASILY? >> SO WE WILL GET IT MORE CONVENIENT ON THE FRONT PAGE. RIGHT NOW, IT IS IN THE DOCUMENT

LIBRARY. >> OKAY.

THANK YOU. >> ALL RIGHT.

THERE WE GO. TRYING TO MAKE IT EASIER FOR THE PUBLIC TO DIGEST. USE THE Q&A, THAT HELPS US CONSOLIDATE QUESTIONS OUT THERE. DO WE HAVE A MOTION AND SECOND TO ACCEPT THE INFORMATION IN THE REPORT?

>> ACCEPT THE INCORPORATION STUDIES MATTERS REPORT.

>> SECOND. >> ALL IN FAVOR SAY AYE.

>> AYE. >> OKAY.

ANY OPPOSED? ALL RIGHT.

[9. Receive, consider and act upon a community update from the American Heart Association (as requested by Director Milner);]

RECEIVE AND CONSIDER AND ACT UPON A COMMUNITY UPDATE FROM THE AMERICAN HEART ASSOCIATION. WE'LL HAVE MERCEDES MILLSTEAD AND MISS JACOBS WITH THE AMERICAN HEART ASSOCIATION.

>> THANK YOU SO MUCH FOR HAVING US.

WE ARE VERY GRATEFUL AND WANT TO EXPRESS THANK YOU TO CHAIRMAN BUNCH, THE ENTIRE BOARD FOR HAVING US.

THANK YOU TO DIRECTOR MILNER FOR FACILITATING THIS.

I'LL STRUGGLE WITH THIS POWER POINT BUT I'LL TRY.

WELL, I MIGHT LET YOU HELP ME WITH THAT WHILE I JUST DO AN INTRODUCTION. THERE IT IS.

IT WORKED. THE SLIDE SHOW.

THANK YOU. WELL, MY NAME IS LARISSA JACOBS, I'M WITH THE AMERICAN HEART ASSOCIATION ACROSS THE GREATER HOUSTON AND GULF COAST AND HAVE BEEN EXCITED ABOUT FILLING YOU ALL IN ON WHAT WE HAVE BEEN UP TO IN MONTGOMERY COUNTY.

I WILL START BY SAYING SINCE 1924 WE HAVE WORKED HARD TO IGHT CARDIOVASCULAR DISEASE. WE ARE THE LARGEST FUNDER OF RESEARCH FOR CBD NEXT TO THE UNITED STATES GOVERNMENT.

BUT HAVING SAID THAT, WE REALIZED THERE IS A NEED FOR US TO LEAN INTO THE COMMUNITY WORK WE DO NOW MORE THAN EVER.

WE ARE STILL FUND-RAISING AND DOING A LOT IN THE RESEARCH AREA, BUT THIS IS JUST A LITTLE BIT ABOUT WHAT WE HAVE BEEN DOING IN THE COMMUNITY TO MEET THE NEED, ESPECIALLY DURING THE PANDEMIC. WE HAVE DONATED HUNDREDS AND HUNDREDS AND THOUSANDS OF BOXES OF FARM FRESH VEGETABLES.

WE ARE ALL ABOUT HEALTHY LIVING AND HEALTHY EATING.

SO ONE WAY WE FOUND WE COULD HELP THROUGH OUR FUND-RAISING IS TO MEET OUR PARTNERS WHERE THEY ARE.

WE HAVE BEEN WORKING WITH INTERFAITH OF THE WOODLANDS TO NOT ONLY DELIVER SOME FARM FRESH BOXES OF VEGETALES AND FRUITS TO COMMUNITY MEMBERS IN NEED BUT WE HAVE BEEN SO BLESSED AND HONORED TO WORK WITH THEM IN THEIR CLINICAL SITE TO ONBOARD OUR THREE CLINICAL PROGRAMS WHICH ARE ABOUT QUALITY IMPROVEMENT FOR HYPERTENSION, DIABETES AND ALSO CHOLESTEROL.

I HAVE TO SAY, THEY ARE DOING AN OUTSTANDING JOB, REALLY WONDERFUL PARTNERS. WE HAVE BEEN WORKING WITH MONTGOMERY COUNTY MEALS ON WHEELS.

WE HAVE BEEN WORKING WITH THAT PARTNER TO SUPPORT THEM AND SOME OF THEIR HEALTHY STANDARDS. THEY SERVE ABOUT 1500 SERVICE EVERY SINGLE DAY. A LOT OF THEM HAVE TRANSPORTATION ISSUES AND MOBILITY ISSUES.

TWEFB WORKING WITH THEM TO MAKE SURE TO MAKE SURE THE MEALS THAT GO OUT INTO THE COMMUNITY ARE AS HEALTHY AS POSSIBLE.

THAT MEANS LOW SODIUM. THAT MEALS TAILORED TO CHRONIC DISEASES. WE LOVE THAT PARTNERSHIP.

IT HAS BEEN A GREAT THING FOR US.

FINALLY, WE HAVE BEEN WORKING WITH MONTGOMERY COUNTY HOSPITAL DISTRICT AND OUR HOSPITAL ASSISTANCE PROGRAM.

I THINK WE HAVE A PICTURE HERE, CHIEF CAMPBELL, A WONDERFUL CEO RANDY JOHNSON WHO IS ON OUR BOARD.

THEY HAVE WORKED WITH US TO REALLY ADVOCATE FOR A STATE-WIDE POLICY TO ENSURE THAT ALL 911, EMERGENCY RESPONSE CENTERS

[00:55:04]

THIS IS MEANINGFUL IN RURAL COMMUNITIES.

MONTGOMERY COUNTY DISTRICT DOES A BETTER JOB THAN ANYBODY JUST ABOUT GLOBALLY IN TELEPHONE CPR. WE'VE HAD A GREAT PARTNERSHIP WITH THEM. WE HAVE DONATED BLOOD PRESSURE CUFFS TO THEM. WE'D LOVE TO DO MORE.

LONE STAR CLINIC, WE HAVE DONATED $65,000 WORTH OF EQUIPMENT AND EDUCATIONAL MATERIALS TO THAT PARTNER AND WE LOVE IT. I'LL GLOSSES OVER THIS QUICKLY.

WE HAVE A 2024 IMPACT GOAL, IT IS A BOLD ONE.

WE WANT TO REDUCE BARRIERS TO ACCESS TO HEALTHCARE FOR ALL.

WE WANT THE WORLD TO BE AS HEALTHY AS POSSIBLE.

WE ARE STARTING RIGHT HERE, RIGHT NOW, TO ADDRESS THIS GOAL.

WE ARE WORKING ON BYSTANDER CPR RATES, BY TEACHING PEOPLE HOW TO PERFORM HANDS ONLY CPR, ESPECIALLY DURING A PANDEMIC.

YOU NEED NOT USE THIS PART OF YOU AND PUT YOUR MOUTH ON YOU, YOU JUST NEED TO USE YOUR HANDS. WE ARE EXCITED ABOUT THAT.

WE HAVE BEEN WORKING ON NUTRITION SECURITY DISPARITIES LIKE OUR PARTNERSHIP WITH THE CLINICS.

WE HAVE BEEN EDUCATING PEOPLE A LOT MORE ON SIGNS AND SYMPTOMS OF HEART DISEASE AND PROMOTING WOMEN'S HEALTH.

WE ARE VERY EXCITED TO BE WORKING WITH SCHOOL DISTRICTS AS MUCH AS WE CAN TO STOP THE VAPING EPIDEMIC THAT, UNFORTUNATELY, HAS IMPACTED OUR CHILDREN.

I WILL PROBABLY HAND IT OVER TO YOU, MERCEDES.

ARE YOU UP? >> I AM.

I'M MERCEDES MILLSTEAD. I'M THE DIRECTOR FOR THE AMERICAN HEART ASSOCIATION. WE ARE LOOKING FOR OTHER COMMUNITY PARTNERS TO JOIN OUR CAMPAIGN.

THIS YEAR IT IS CHAIRED BY JUSTIN KINDRIK.

IT WILL CULMINATE AT OUR HEART BALL.

WE GET TO CELEBRATE OUR SPONSORS AND VOLUNTEERS.

WE HAVE TWO OTHER EVENTS. THERE IS A HEART WALK.

IN MAY, THERE IS THE GO RED LUNCHEON.

WE ARE ABOUT SHOWING THE COMMUNITY WHAT WE ARE DOING AND HOW WE ARE ACCOMPLISHING IT. THANK YOU FOR HAVING US AND THANK YOU DIRECTOR MILNER FOR GETTING US ON THE SCHEDULE.

WE APPRECIATE ALL YOU DO FOR THE COMMUNITY.

>> THANK YOU, BOTH. DO WE HAVE A MOTION AND SECOND TO ACCEPT THE REPORT? WOULD ANYONE LIKE TO SAY

ANYTHING? >> ALL IN FAVOR SAY AYE?

[10. Receive, consider and act upon the financial report;]

>> AYE. >> THANK YOU BOTH AGAIN.

>> RECEIVE, CONSIDER, ACT UPON THE FINANCIAL REPORT.

MONIQUE? THIS IS THE FINANCIAL REPORT FOR SEVEN MONTHS INTO JULY 2021. START OFF WITH LOOKING AT OUR GENERAL FUND WHICH IS WHERE THE OVERWHELMING MAJORITY TRANSACTIONS FLOW THROUGH THIS FUND.

ON A YEAR TO DATE BASIS, TOTAL REVENUES WERE 82.3 MILLION FOR THE BUDGET. ACTUAL REVENUES WERE 83.8 MILLION DOLLARS. WE HAD A FAVORABLE VARIANCE IN REVENUE OF ABOUT 1.4 MILLION DOLLARS.

YOU CAN SEE IN THE FAR RIGHT HAND COLUMN WHAT THE DIFFERENT COMPONENTS OF THAT ARE. THE LARGEST IS WITH OUR SALES TAX REVENUE. WE HAVE TALKED ABOUT THAT DURING OUR BUDGET WORKSHOPS AND JUST RECENTLY DURING THE PUBLIC HEARING ABOUT HOW WE ARE REALLY EXCELLING IN THAT AREA.

THE PROPERTY TAX IS ALSO FAVORABLE BY ABOUT 725,000.

THAT IS BECAUSE WE HAD -- WHEN WE DID THE BUDGET, WE FACTORED IN BECAUSE OF THE PANDEMIC, MAYBE NOT BEING ABLE TO REACH 100% COLLECTION LIKE WE TYPICALLY DO.

THAT DID NOT TRANSPIRE. WE HAVE REACHED 100% COLLECTION WHICH WE'LL SEE HERE IN A MINUTE.

WE ARE FAVORABLE WITH THAT. IN PROGRAM REVENUE WHICH ARE PRIMARILY RELATED TO OUR PARKS AND RECREATION DEPARTMENT, WE ARE SHOWING A VARIANCE IN THERE AS WELL.

I'M GOING TO SKIP THIS PAGE FOR A SECOND.

IN TERMS OF OUR EXPENDITURES, WE ARE AT 56.9 MILLION.

ACTUAL EXPENDITURES ARE 52.3 MILLION.

WE ARE RUNNING FAVORABLE IN EXPENSES AT 4.6 MILLION.

IN THE FAR RIGHT COLUMN, YOU CAN SEE THE DIFFERENT DEPARTMENTS,

[01:00:02]

MOST OF THE LARGER ONES ARE ON THIS PAGE.

IN GENERAL GOVERNMENT, ABOUT A MILLION DOLLARS IN PARKS AND RECREATION, 1.3 MILLION DIFFERENT COMMUNITY SERVICES.

THE FIRE DEPARTMENT, 635. A VARIANT ACROSS THE BOARD.

SOME OF THESE ARE TIMING DIFFERENCES BETWEEN WHEN EXPENSES INOCCUR AND IS BUDGETED.

AS WE WENT THROUGH OUR BUDGET AND OUR FORECAST, WE DID ANTICIPATE THAT ABOUT 3 MILLION OF THIS WILL REMAIN PERMANENTLY FAVORABLE. IN TERMS OF OUR SALES TAX REVENUES, YEAR TO DATE THROUGH AUGUST, WE HAVE COLLECTED 36.6 MILLION DOLLARS. HERE IS A CHART THAT SHOWS THAT, BRINGS US TO BEING 4 MILLION OR 12.5% HIE THAN WE WERE AT THE SAME TIME LAST YEAR. WE ARE ALMOST 2 MILLION DOLLARS OR 5.7% OVER BUDGET. AGAIN, I SHARED MORE DETAIL IN SOME OF OUR BUDGET MEETINGS. IN ALMOST ALL OF OUR CATEGORIES, OUR DIFFERENT INDUSTRY CODES, WE ARE TRENDING UPWARD IN THOSE SINCE THE BEGINNING OF THE YEAR. IN TERMS OF OUR HOTEL TAXES, WE HAVE COLLECTED $3 MILLION ON A YEAR TO DATE BASIS.

WE TALKED ABOUT THIS IN THE BUDGET JUST EARLIER WHERE THE HOTEL INDUSTRY HAS BEEN SLOWER TO BOUNCE BACK THAN SALES TAX.

THAT IS NOT A SURPRISE TO US AT THIS POINT.

THE FUNDS FOR THIS MANAGED BY THE WOODLANDS HAVE BEEN MANAGED WELL. EVEN THOUGH WE ARE BELOW BUDGET, WE HAVE SUFFICIENT FUNDS TO PAY ALL DEBT SERVICE ON OUR REVENUE BONDS AND TO FUND THE OPERATING EXPENSES OF VISIT THE WOODLANDS.

THIS IS WHAT ARE REFERRED TO A LITTLE WHILE AGO IN 2020 WHICH WAS PREPANDEMIC BECAUSE WE COLLECTED THOSE IN JANUARY 2020, WE WERE JUST UNDER 100%. THIS YEAR, WE ARE AT JUST A LITTLE BIT OVER 100%. THE REASON WE ARE OVER 100 IS BECUSE WE HAVE FEES AND INTEREST AND PENALTIES.

WITH THAT, I'LL BE GLAD TO ANSWER ANY QUESTIONS.

>> DO WE HAVE ANY QUESTIONS FOR MONIQUE? IF THERE IS NONE, DO WE HAVE A MOTION AND SECOND TO ACCEPT THE

REPORT? >> SO MOVED.

>> SECOND. >> ALL IN FAVOR SAY AYE?

>> AYE. >> OKAY.

[11. Receive, consider and act upon adoption of the 2022 Consolidated Budget for The Woodlands Township; ]

>> WE DID HAVE A PUBLIC HEARING RIGHT BEFORE THIS MEETING WHERE WE WENT OVER THE BUDGET. WE'VE ALSO HAD NUMEROUS BUDGET WORKSHOPS WHERE THIS HAS BEEN ADDRESSED.

I CAN GO OVER THE HIGHLIGHTS. I DON'T THINK I'LL DO THE WHOLE PRESENTATION AGAIN. IF THE BOARD WOULD LIKE, I CAN GO OVER THE HIGHLIGHTS FOR MEMBERS OF THE AUDIENCE?

>> DOES ANYONE HAVE QUESTIONS REGARDING OUR BUDGET? WE JUST RECENTLY APPROVED IT A WEEK OR TWO AGO?

>> YES, YES. >> I CAN BRING UP SO THE PUBLIC CAN SEE THE TAX RATE IS GOING TO BE ONE DECISION THAT IS MADE.

LET ME GET TO THE OVERVIEW WHICH IS THIS.

THIS SHOWS WE ARE PROJECTING 132.8 MILLION DOLLARS IN REVENUE. TE CHART ON THE RIGHT SHOWS HOW THOIZ -- THOSE FUNDS WILL BE ALLOCATION TO SAY OUR REPLACEMENT RESERVE AND OUR DEBT SERVICE PAYMENTS. THEN REMAINING AFTER EVERYTHING IS TAKEN CARE OF AS WE HAVE AN UNDESIGNATED BALANCE OF 884,000.

AS THE BOARD WILL RECALL DURING THE BUDGET DISCUSSIONS, WE WERE LEAVING THAT AS UNDEZ I GO NATURED OR HAD TALKED ABOUT THAT TRANSFERRING THAT TO THE CAPITOL RESERVE BECAUSE THE BOARD HAS MANY PENDING PROJECTS BECAUSE NOT EVERYTHING CAN BE RESOLVED WITHIN A TWO-WEEK PERIOD DURING A BUDGET DISCUSSION.

SOME OF THOSE PROJECTS WERE PARKING ON THE FIELDS.

WE HAVE A PARK NEEDS ASSESSMENT. WE KNOW THERE WILL BE PROJECTS OUT OF THAT. THOSE ARE TWO EXAMPLES.

THE THOUGHT WAS TO TRANSFER THAT AND LEAVE IT IN THE CAPITAL RESERVE FUND SO THERE WOULD BE FUNDING AVAILABLE TO ADDRESS

THOSE PROJECTS. >> ALL RIGHT.

ANY QUESTIONS? IF NOT, DO WE HAVE A MOTION AND SECOND TO ADOPT OUR 2022 CONSOLIDATED BUDGET?

>> MOVED. >> SECOND.

>> ALL IN FAVOR SAY AYE? >> AYE.

>> ANY OPPOSED? ALL RIGHT.

WE HAVE A BUDGET. AGENDA ITEM 12, RECEIVE,

[12. Receive, consider, adopt and set by Order the 2021 Ad Valorem Tax Rate for Debt Service;]

[13. Receive, consider, adopt and set by Order the 2021 Ad Valorem Tax Rate for Maintenance and Operations;]

[01:05:07]

WE WOULD NEED A MOTION -- I GUESS IT IS WRITTEN FOR ME TO MAKE THE MOTION. I MOVE THE PROPERTY TAX RATE BE INCREASED BY ADOPTION RATE OF 3.221, WHICH IS EFFECTIVE 2.86% INCREASE IN THE TAX RATE TO ADOPT NUMBER 0921 IN CONJUNCTION THEREWITH. DO WE HAVE A SECOND?

>> SECOND. >> I NEED A RECORDED VOTE.

>> I'M SORRY. >> DIRECTOR MILNER?

>> AYE. >> DIRECTOR SCHNEIDER?

>> AYE? >> DIRECTOR GIBES?

>> AYE. >> AND I AM AN AYE.

THE MOTION CARRIES. WE HAVE AN ADOPTED TAX RATE.

AGENDA 13 -- 13 WAS TAKEN WITH 12.

[14. Receive, consider, and act upon the purchase of two replacement fire engines;]

APPROVE. >> MOTION TO APPROVE.

>> SECOND. >> ALL THOSE IN FAVOR SAY AYE?

>> AYE. >> YOU DIDN'T EVEN HAVE TO WEAR

YOUR BLUES TO GET IT. >> HONESTLY, THAT IS -- FOR THOSE OF YOU THAT ARE HERE, WE APPRECIATE YOU TAKING TIME TO ENGAGE WITH THIS, THE WAY OUR BUDGET GOES, THE WAY OUR CAPITAL REPLACEMENT IS DONE, ITEMS LIKE THAT ARE PRE-FUNDED, PREPLANNED TO THE END OF THE USEFUL LIFE. SO IT IS NOT HARD TO KEEP THE PUBLIC SAFETY AMENITIES FOR OUR COMMUNITY.

IT IS PRESUPOSITIONED. >> WE ARE NOW GOING TO REASSESS

[15. Recess to Executive Session to discuss matters relating to real property pursuant to §551.072, Texas Government Code; deliberation of economic development negotiations pursuant to §551.087, Texas Government Code; discuss personnel matters pursuant to §551.074, Texas Government Code; discuss IT network or critical infrastructure security pursuant to §551.089, Texas Government Code; and to consult with The Woodlands Township’s attorney pursuant to §551.071, Texas Government Code;]

PURSUANT NEGOTIATIONS PURSUANT TO 551.087.

DISCUSS PERSONNEL MATTERS PURSUANT TO 551.074 TEXAS GOVERNMENT CODE. WE ARE RECESSED.

[16. Reconvene in public session;]

THERE IS NO ACTION TO TAKE. THERE IS NO ACTION TO TAKE ON AGENDA ITEM 17 OR 18. WE GO TO FUTURE AGENDA ITEMS.

>> I MENTIONED THE E-VITES FOR LAW ENFORCEMENT FOR SEPTEMBER.

>> ANOTHER REMINDER, OUR PUBLIC FORUM IS SEPTEMBER 23, 6:00 P.M., 7:00 P.M. DID WE SET A TIME?

TO BE DETERMINED? >> DID WE SET A TIME?

>> SEPTEMBER 23, AT THE MARRIOTT.

WE WILL MAKE SURE WE ARE ABLE TO LIVE STREAM IT FOR THOSE WHO ARE NOT ABLE TO ATTEND FOR HEALTH CONCERNS.

OUR CONSULTANTS WILL BE THERE. WE'LL HAVE AREAS BY SUBJECT MATERIAL FOR MORE DIRECT DIALOGUE SO PLEASE COME TO THAT.

ALL RIGHT, IF THERE ARE NO OTHER REQUESTS, WE HAVE A MOTION TO

ADJOURN? >> SO MOVED.

>> SECOND. >> ALL IN

* This transcript was compiled from uncorrected Closed Captioning.