[00:00:02]
[A. CALL TO ORDER]
WE ARE GOING TO GO AHEAD AND GET STARTED.THIS WILL CALL TO ORDER OUR MEETING FOR THE CITY COUNCIL OF PRINCETON.
WE WILL BEGIN WITH OUR CALL TO ORDER.
THANK YOU. THAT WILL TAKE US TO OUR INVOCATION TONIGHT WE HAVE MR. WES BROWN. LET'S PRAY.
TODAY, IN OUR SOCIETY, RIGHTEOUSNESS IS CONSIDERED STRANGE WHILE EVIL IS ADMIRED AND EXALTED.
WE GIVE THANKS IN ALL CIRCUMSTANCES BECAUSE OF YOUR MULTIPLE BLESSINGS.
WHEN TRIALS COME, HELP US, LORD, TO RELY UPON YOUR STRENGTH, FOR THE LORD IS GOOD, HIS MERCY IS EVERLASTING, AND HIS TRUTH ENDURES TO ALL GENERATIONS. IN CHRIST'S NAME I PRAY.
THANK YOU. THAT WILL TAKE US TO OUR PUBLIC APPEARANCE.
[D. PUBLIC APPEARANCE]
SPEAKERS ARE ALLOWED THREE MINUTES TO SPEAK.THE COUNCIL IS UNABLE TO RESPOND TO OR DISCUSS ANY ITEMS THAT ARE BROUGHT UP DURING THE SECTION THAT ARE NOT ON THE AGENDA, OTHER THAN TO MAKE STATEMENTS OF SPECIFIC FACTUAL INFORMATION IN RESPONSE TO A SPEAKER'S INQUIRY, OR TO RECITE EXISTING POLICY IN RESPONSE TO THE INQUIRY.
TONIGHT I HAVE MISS CHARLIZE LEE.
YOU'LL STATE YOUR NAME AND ADDRESS, PLEASE.
MY ADDRESS IS 1801 PRAIRIE VIEW DRIVE.
I AM HERE TO CHAT ABOUT SOME POSSIBLE POSSIBLE DISCRIMINATION.
ON MAY 21ST, I RECEIVED AN EMAIL THAT SAID MY APPLICATION HAD BEEN DENIED BECAUSE THERE WAS ALREADY A TOY VENDOR THAT THE CITY WAS WORKING WITH.
SO I EMAILED MAYOR CHACON AND ASKED IF I NEEDED TO APPLY SEPARATELY BECAUSE OUR, OUR TOY VENDOR AND SPONSORSHIP WAS BOTH DECLINED.
WE HAD SOME BACK AND FORTH AND SHE CHATTED WITH THE THE COMMUNITY EVENTS COORDINATOR.
MISS PETTER AND QUOTE, SHE INFORMED ME THAT SPONSORSHIP HAS BEEN CLOSED FOR SOME TIME NOW.
THIS ALLOWS THEM APPROPRIATE TIME TO CREATE THE MEDIA, T SHIRTS, ETC.
THAT HAVE SPONSOR NAMES ON THEM PRIOR TO THE EVENT.
SHE SAID THAT MAYOR CHACON SAID SHE WOULD INQUIRE ON THE DATE THIS WAS MAY 24TH.
I CHECKED IN WITH HER ON MAY 30TH.
NO RESPONSE. I CHECKED IN AGAIN ON JUNE 4TH, AND SINCE I DID NOT HEAR ANYTHING, I PUT IN A PIA WITH THE CITY RECORDS REQUEST, AND TURNS OUT THAT THERE WAS ANOTHER SPONSORSHIP THAT WAS ACCEPTED, ACTUALLY ON MAY 23RD FOR AN INSURANCE COMPANY, BRADY PAXMAN STATE FARM.
AND SO I EMAILED MAYOR CHACON ABOUT THAT AND SHE HAS NOT RESPONDED TO ME.
I GOT AN EMAIL FROM THE EVENTS COORDINATOR SAID THAT SAID THAT SHE HAD ONLY APPROVED WHAT HAD BEEN PREVIOUSLY APPROVED FROM THE PRIOR COORDINATOR.
SO SOMEBODY IS LYING, EITHER THE MAYOR OR THE EVENT COORDINATOR.
HOPEFULLY WE'RE NOT DENIED JUST PUTTING THAT OUT THERE NOW.
ALSO, SINCE Y'ALL WON'T SAY IT, I WILL.
[00:05:12]
GOOD EVENING, MAYOR AND COUNCIL.THANK YOU FOR GETTING OUR SPECTRUM BOX FIXED.
IT IS NOW BURIED, SO APPRECIATE THAT.
TONIGHT I BRING TO YOU THE SOFTBALL FIELD THAT ARCADIA FARMS HAS ALLOWED THE CITY TO USE.
I HAVE A PICTURE IF YOU'D LIKE TO SEE IT TO PASS ALONG.
THAT'S OKAY. IF YOU WANT TO EMAIL IT OVER, YOU CAN OKAY.
OKAY. SO JUST LIKE TO BRING THAT TO YOUR ATTENTION THAT THE FIELD I UNDERSTAND THERE'S NO SOFTBALL AT THE MOMENT, BUT THIS IS THE FIRST YEAR THAT THE FIELD HASN'T BEEN MAINTAINED CONTINUOUSLY.
CLINTON LAWRENCE 13 ZERO FOUR EAST COLLEGE.
A FEW DAYS LATER, TWO MORE MONTHS WERE ADDED TO THE CHECK REGISTRY.
I THEN ESCALATED MY INQUIRY TO MR. MASHBURN ON JUNE 12TH.
MR. MASHBURN DID NOT DIRECTLY RESPOND TO ME.
HE ONLY INCLUDED MY EMAIL ADDRESS WITH MR. HARDING'S INSTRUCTING HIM TO RESPOND TO ME.
MR. HARDEN FINALLY RESPONDED TO ME TODAY ON JUNE 24TH.
ALSO, WHAT IS THE CRITERIA FOR A COMPETITIVE RFP TO BE REQUIRED WITH REGARD TO A PROFESSIONAL SERVICE AGREEMENT? WHEN WAS THE LAST TIME A COMPETITIVE RFP WAS PRESENTED TO COUNCIL? THE FINANCIAL CONSULTING CONTRACT ON THE AGENDA TONIGHT APPEARS TO BE A $50,000 CONTRACT WITHOUT A COMPETITIVE RFP.
IN MY OPINION, RFPS ARE GREAT OPPORTUNITIES TO BRING MERIT, TRANSPARENCY AND VALUE FOR THE PROFESSIONAL SERVICES THIS COUNCIL SEEKS. I HOPE THIS COUNCIL TONIGHT PUTS MORE THOUGHT INTO THIS PROCESS AND MAKES A DECISION BASED ON THE MERITS.
BESIDES JUST BRINGING IN ANOTHER GOOD OLD BOY OR WOMAN FROM FARMERS BRANCH.
THANK YOU. IS THERE ANYONE ELSE HERE TONIGHT FOR A PUBLIC APPEARANCE? OKAY. IF NOT, WE WILL MOVE TO ITEMS OF COMMUNITY INTEREST PURSUANT TO SECTION 551.0415 OF THE TEXAS GOVERNMENT CODE, MAYOR AND CITY COUNCIL MAY REPORT ON ITEMS OF COMMUNITY
[E. ITEMS OF COMMUNITY INTEREST]
INTEREST, INCLUDING EXPRESSIONS OF THANKS, CONGRATULATIONS OR CONDOLENCE INFORMATION REGARDING HOLIDAY SCHEDULES, RECOGNITION OF INDIVIDUALS, REMINDERS ABOUT UPCOMING CITY EVENTS, INFORMATION ABOUT COMMUNITY EVENTS, AND ANNOUNCEMENTS INVOLVING AN IMMINENT THREAT TO PUBLIC HEALTH AND SAFETY.NO ACTION WILL BE TAKEN ON ANY ITEM OF COMMUNITY INTEREST.
WITH A GUEST READER FROM THE PRINCETON FIRE DEPARTMENT.
FREEDOM AND FIREWORKS IS JUST RIGHT AROUND THE CORNER.
CALDWELL SENIOR COMMUNITY PARK.
MOBILE RESIDENTS AGED 60 OR OLDER ARE INVITED TO JOIN US FOR SOCIALIZING, LUNCHTIME MEALS AND MORE.
THE MEALS ON WHEELS CONGREGATE MEAL PLAN MEETS EVERY MONDAY, WEDNESDAY AND FRIDAY AT 10:30 A.M.
AT THE FIRE STATION, NUMBER THREE.
TO RESERVE YOUR SPOT, PLEASE CALL STEPHANIE MCCANLESS AT (469) 699-8627.
YOU'RE INVITED TO CELEBRATE THE GRAND OPENING OF FIRE STATION NUMBER TWO.
JOIN US AT 10 A.M. ON JULY THE 3RD AT 700 MONTE CARLO BOULEVARD.
PARKING AND SEATING ARE LIMITED.
THE PRINCETON FIRE DEPARTMENT OFFERS FREE SAFETY CLASSES ON THE THIRD THURSDAY OF EACH MONTH.
THE NEXT CLASS IS ON JULY THE 18TH FROM 6 TO 9 AT THE PRINCETON MUNICIPAL CENTER.
THESE CLASSES ARE BROUGHT TO YOU BY THE PRINCETON COMMUNITY DEVELOPMENT CORPORATION.
HAVE YOU RECEIVED EXCEPTIONAL CUSTOMER SERVICE FROM A CITY OF PRINCETON EMPLOYEE? WE'D LOVE TO HEAR ABOUT IT.
FILL OUT AN EMPLOYEE RECOGNITION FORM ON OUR WEBSITE AND STAY CONNECTED.
[00:10:01]
FIND US ON FACEBOOK AND INSTAGRAM.COUNCIL DID YOU GUYS HAVE ANYTHING ELSE TO ADD FOR ITEMS OF COMMUNITY INTEREST?
[F. CONSENT AGENDA]
OKAY. IF NOT, THAT WILL TAKE US TO OUR CONSENT AGENDA OR CONSENT AGENDA ITEMS LISTED ARE CONSIDERED TO BE ROUTINE BY THE CITY COUNCIL AND WILL BE ENACTED BY ONE MOTION.THERE WILL BE NO SEPARATE DISCUSSIONS OF THESE ITEMS UNLESS THE COUNCIL MEMBERS SO REQUEST IN WHICH EVENT THE ITEM WILL BE REMOVED FROM THE CONSENT AGENDA AND CONSIDERED IN ITS NORMAL SEQUENCE ON THE AGENDA.
TONIGHT WE HAVE F1, F2, F3, F4, F5, F6, F7, F8, F9 AND F10.
THERE ARE NO FURTHER DISCUSSIONS.
IF YOU COULD GO AHEAD AND MAKE A MOTION, PLEASE.
AND DO I HAVE A SECOND ON THAT? I'LL SECOND THAT. THANK YOU.
IF YOU WILL GO AHEAD AND VOTE AT THIS TIME, PLEASE.
AND IT'S NOT ADVANCING ON OUR SIDE.
SO WE'LL GO AHEAD AND DO A ROLL CALL VOTE.
[G. CEREMONIAL ITEMS]
RECOGNIZE THE EXCEPTIONAL EFFORTS OF OUR K9 UNIT BOLT FOR APPREHENDING A DANGEROUS SUSPECT AND LOCATING KEY EVIDENCE.SO JUNE 17TH WE OFFICERS WERE DISPATCHED TO AN AGGRAVATED ASSAULT THAT JUST OCCURRED WHERE A SUSPECT HAD POINTED A GUN TO A FAMILY MEMBER AND THREATENED TO KILL THEM.
UPON ARRIVAL, IT TOOK APPROXIMATELY TWO MINUTES FOR K9 BOLT TO FIND THE SUSPECT, AND OFFICERS ENDED UP ORDERING HIM OUT OF THE WOODED AREA AND DETAINED HIM WITHOUT ANY FURTHER HARM OR ANYTHING.
NOW, IT WAS REPORTED THAT THE SUSPECT DID HAVE A GUN ON HIM WHENEVER OFFICERS ARRESTED HIM.
SO AFTER THEY ARRESTED THE SUBJECT OR SUSPECT AND PUT HIM INTO CUSTODY.
SO WE JUST KIND OF WANTED TO BRING THAT TO YOUR ATTENTION AND, AND JUST PRAISE BOLT A LITTLE BIT.
AND JUST THESE PROGRAMS ARE PAYING OFF.
YOU KNOW, WE'RE KIND OF PUTTING BACK INTO THE COMMUNITY.
WHAT'S GETTING OUT? FANTASTIC. WHERE'S BOLT? THAT'S A GREAT QUESTION.
SO BOLT IS NOT A BIG FANFARE KIND OF.
HE'S KIND OF LIKE ME, I GUESS, A LITTLE BIT.
ONLY HE HE DOES NOT LIKE ALL THE CLAPPING AND A LOT OF THE PEOPLE AROUND HIM AND STUFF LIKE THAT.
BUT WE DO INVITE Y'ALL AT ANY GIVEN TIME, WHENEVER HE'S OUT AND ABOUT WITHIN THE PD, Y'ALL COME BY AND SEE HIM AND ALL THAT, RIGHT? FANTASTIC. WELL, I'M DISAPPOINTED HE'S NOT HERE TONIGHT, BUT PLEASE RELAY OUR SENTIMENT OVER TO, YOU KNOW, THE ENTIRETY OF OF YOUR FORCE AND NEAR HOOD NEAR HAS BEEN EXCEPTIONAL WITH BOLT.
THANK YOU FOR EVERYTHING THAT HE'S DONE.
ANYTHING ELSE TO ADD? OKAY. TELL BOLT WE MISSED HIM.
THANK YOU. WE'LL GET A LITTLE BONE READY FOR HIM.
[H. EXECUTIVE SESSION]
EXECUTIVE SESSION TO DISCUSS THE FOLLOWING.SECTION 551.071 TEXAS GOVERNMENT CODE.
PEDC, PCDC EMPLOYEE COMPENSATION AND LOCAL SALES AND USE TAX ALLOCATION OPTIONS.
ALSO, SECTION 551.074 PERSONNEL MATTERS ON A CLOSED MEETING.
THIS WILL PUT US INTO EXECUTIVE SESSION.
ALL RIGHT. THANK YOU FOR WAITING FOR US.
THIS WILL PUT US BACK INTO OUR REGULAR SESSION.
THERE IS NO ACTION TO BE TAKEN TONIGHT FOR OUR EXECUTIVE SESSION.
THEREFORE, WE WILL BE MOVING TO OUR REGULAR AGENDA.
[00:15:01]
WE WILL BEGIN WITH ITEM K ONE 2024 116.[K. REGULAR AGENDA]
CONSIDER APPROVING A REQUEST FROM PEDC AND PCDC REGARDING AN ANNUAL COMPENSATION INCREASE FOR THE PEDC PCDC COORDINATOR AND TAKE APPROPRIATE ACTION. AND AT THIS TIME I WILL GO AHEAD AND ASK FOR A MOTION, PLEASE. YOUR HONOR, ON ITEM K ONE 2024 116, I MAKE A MOTION THAT THIS ITEM BE TABLED UNTIL THE JOINT MEETING OF THE CITY COUNCIL AND THE CDC AND EDC ON JULY 2ND.I WITHDRAW THAT THAT MOTION, YOUR HONOR.
ALL RIGHT. SO THAT MOTION HAS BEEN WITHDRAWN.
SO I WILL ENTERTAIN A DIFFERENT MOTION AT THIS TIME.
ANYBODY WANT TO MAKE A MOTION FOR THIS? WE NEED SOMETHING ONE WAY OR THE OTHER.
PLEASE. YOUR HONOR, AT THIS TIME, I MAKE A MOTION THAT THAT THE, NOT TO APPROVE THE REQUEST FROM THE PEDC OR PCDC REGARDING COMPENSATION INCREASE FOR THE COORDINATOR.
AND WE SET THAT, CAN I GIVE THE AMOUNT WE SET? AND WE SET THAT AMOUNT AT 10%.
AND DO I HAVE A SECOND FOR THAT MOTION? I'LL SECOND. WITH THAT, IF YOU WILL, GO AHEAD AND VOTE, PLEASE.
AND THAT MOTION CARRIES SIX ONE FOR ITEM K ONE 2024 116 TO APPROVE THE REQUEST AT 10%.
I APOLOGIZE, I CAN'T, I CAN'T HEAR YOU.
DID WAS THE VOTE, WAS THE MOTION TO NOT APPROVE OR TO APPROVE? WAS TO APPROVE IT AT 10% VERSUS 12%.
IS THAT CORRECT? DID I UNDERSTAND YOU CORRECTLY? OKAY. OKAY.
SO THAT MOTION CARRIES AGAIN SIX ONE FOR THE APPROVAL OF A 10% VERSUS 12% FOR ITEM K ONE, 2024 116.
THAT WILL TAKE US TO ITEM K TWO, 2024 117.
CONSIDER APPROVING TERENCE JOHNSON'S VOLUNTARY RESIGNATION FROM PRINCETON ECONOMIC DEVELOPMENT CORPORATION, PLACE FOUR AND TAKE APPROPRIATE ACTION, AND I'LL ENTERTAIN A MOTION AT THIS TIME. MAKE THE CORRECT MOTION TO TABLE THIS PARTICULAR ITEM.
OKAY. DO I HAVE A SECOND ON THAT? I'LL SECOND THAT. THANK YOU.
IF YOU WILL, GO AHEAD AND VOTE NOW, PLEASE.
JUST A MOMENT WHEN THIS RESETS.
OKAY. SO FOR THAT WE WILL GO AHEAD AND DO A ROLL CALL VOTE.
[00:20:02]
AGAIN, THIS IS FOR TABLING THAT.AT THIS TIME, I'LL TAKE A MOTION FOR, YES, I'LL ENTERTAIN A MOTION.
YOUR HONOR, CONCERNING THIS ITEM, 2024 125, I MAKE A MOTION THAT IT BE TABLED UNTIL THE JOINT MEETING WITH THE COUNCIL AND THE CDC AND EDC ON JULY 2ND.
THANK YOU. DO I HAVE A SECOND? I'LL SECOND THAT.
THAT'LL TAKE US TO K4 2024 119.
IS VERY WELL QUALIFIED TO SUIT THIS ROLE, OPEN TO ANY QUESTIONS? I THINK I'D LIKE TO PREFACE THIS BEFORE WE TAKE THAT VOTE, BY THANKING MR. COX FOR COMING IN AND HELPING US WITH THIS.
HE WAS PARAMOUNT, HELPING US GET US THROUGH OUR BUDGET RETREAT.
AND I KNOW THAT HE'S BEEN HELPING FINANCE TREMENDOUSLY RIGHT NOW.
WE'RE VERY GRATEFUL FOR HIS EXPERTISE.
OKAY. DO I HAVE A SECOND? I'LL SECOND THAT, YOUR HONOR.
WAS THAT A SECOND? OKAY. AND DID WE GET THE VOTING TAKEN CARE OF? NOPE. OKAY.
MOTION CARRIES SEVEN ZERO FOR THE APPROVAL OF K FOUR 2024 119.
THAT WILL TAKE US TO AGENDA ITEM K FIVE 2024 120.
CONSIDER APPROVING A PRE ANNEXATION AND DEVELOPMENT AGREEMENT BY IN BETWEEN THE CITY OF PRINCETON, TEXAS AND PRINCETON INNS HOLDINGS LLC, SPECIFYING THE TERMS FOR ANNEXATION AND DEVELOPMENT OF A 24.50 ACRE TRACT OF LAND IN THE CARTER T CLIFF SURVEY, ABSTRACT NUMBER 162.
COLLIN COUNTY, TEXAS, AND TAKE APPROPRIATE ACTION.
GOOD EVENING, MADAM MAYOR, COUNCIL.
MY NAME IS CRAIG FISHER, DIRECTOR OF DEVELOPMENT SERVICES.
THIS PROPOSAL BEFORE YOU THIS EVENING IS FOR A PRE ANNEXATION AND DEVELOPMENT AGREEMENT FOR A 24.5 ACRE TRACT LOCATED ON THE NORTH SIDE OF COUNTY ROAD 466. SEE THE PROPERTY OUTLINED HERE? THIS IS ON THE NORTH SIDE OF TOWN NORTH OF FM 75, WHERE IT INTERSECTS WITH 1827.
SORRY. NEXT SLIDE. THIS REQUEST WAS BROUGHT TO THE CITY COUNCIL ON JANUARY 22ND OF THIS YEAR.
SO YOU CAN SEE ONE BEDROOM FROM 650 TO 750, TWO BEDROOMS FROM 800 TO 1000FT², AND THREE BEDROOMS WITH A NEW MINIMUM OF 1200FT².
SO THE DEVELOPERS AGREED TO PUT THOSE INTO THE AGREEMENT.
[00:25:01]
THE NEXT SLIDE, IN ADDITION TO TO THE AMENITIES PROPOSED IN THE MULTIFAMILY PROJECT THE DEVELOPER WILL BE EXTENDING A WATER AND SEWER LINE TO THE SITE. THIS AGREEMENT REQUIRES THE DEVELOPER TO UPSIZE THE WATER LINE TO BE ABLE TO SERVE SURROUNDING PARCELS IF AND WHEN THEY ARE TO DEVELOP. SO HAVE THIS PROPOSAL BEFORE YOU THIS EVENING.I'D BE HAPPY TO ANSWER ANY QUESTIONS.
THE DEVELOPER IS ALSO PRESENT AND AVAILABLE TO ANSWER ANY QUESTIONS THAT YOU ALL MAY HAVE.
THANK YOU. THANK YOU VERY MUCH.
STAFF RECOMMENDATION ON THIS IS.
STAFF'S NEUTRAL TO THE PROPOSAL.
I WOULD LIKE TO HEAR FROM THE DEVELOPERS.
AND IF YOU DON'T MIND ADVANCING THE SLIDES BACKWARDS TO GO BACK TO WHAT THE LAYOUT LOOKS LIKE NOW.
WHAT DID IT REDUCE THE UNIT SIZE DOWN TO? IT KEPT IT THE SAME.
WE WERE ABLE TO GET IT IN THERE ABOUT THE SAME AMOUNT.
I KNOW ONE OF THE QUESTIONS WAS ABOUT US REDUCING IT.
WITH THE COST OF THE UTILITIES COMING UP.
THE WATER ALONE IS GOING TO BE A LITTLE OVER $1 MILLION FOR US TO BRING TO THE SITE.
I MAY HAVE MISSED IT SOMEWHERE ALONG THE ALONG THE LINE, BUT IS THIS CONTIGUOUS TO ANY OF OUR CITY? WE'RE GOING TO DO A LAND DEDICATION TO MAKE IT CONTIGUOUS.
YES, SIR. AND HOW MANY UNITS DOES THIS COMBINED? 308. SO IT'S GOING TO BE PRINCETON ISD OR MCKINNEY ISD.
YES. PLEASE FORGIVE ME FOR NOT DOING MY HOMEWORK BEFORE.
WHAT WAS IN JANUARY WHEN YOU MADE THIS PROPOSAL..
YES, MA'AM. WHAT WERE THE NUMBER OF UNITS THAT WERE GOING TO BE? IT WAS ABOUT THE SAME THREE, 308 320.
OKAY. I'M ASKING FROM A NOVICE STANDPOINT, HOW ARE YOU GOING TO INCREASE THE SIZE OF THE APARTMENTS AND STILL HAVE THE SAME? WHAT'S GOING TO BE THE DISTANCE BETWEEN THEM? I'M TRYING TO LOGISTICALLY FIGURE HOW THIS WOULD LOOK A 1200 SQUARE FOOT, THREE BEDROOM APARTMENT.
THEY'RE STILL, LIKE RELATIVELY SMALL, BUT THEY'RE BIGGER THAN THE LAST TIME.
BUT STILL THE SAME AMOUNT OF UNITS.
SO WHAT DISTANCE AM I GOING TO HAVE BETWEEN MY NEIGHBOR AND HOW ARE THESE GOING TO BE STRUCTURED? YEAH, WE DIDN'T CHANGE THE DISTANCE.
MY ENGINEER CAN HELP OUT ANSWER SOME OF THOSE QUESTIONS.
GOOD EVENING. MY NAME IS MATTHEW LEE.
I'M WITH WESTWOOD PROFESSIONAL SERVICES.
WE'RE AT 2901 DALLAS PARKWAY, PLANO, TEXAS.
SO WE DIDN'T HAVE TO DROP ANY UNITS.
WE WERE JUST ABLE TO REORDER SOME STUFF.
THEY HAVE WHAT BETWEEN THEM? THEY HAVE TEN FEET BETWEEN THEM.
I MUST REALLY SAY, THOUGH, I APPRECIATE THE IMPROVEMENTS THAT YOU HAVE MADE.
THEY'RE WALKING TRAILS, ALL OF THE AMENITIES THAT YOU'VE PUT IN, AND I APPRECIATE SEEING THEM AND SURE THE RESIDENTS OF PRINCETON APPRECIATE SEEING THAT TOO.
AND THEN WHO WILL LIVE EVENTUALLY WILL APPRECIATE THOSE AMENITIES.
IF THIS IS NOT APPROVED TONIGHT, WHAT'S YOUR PLAN? IS THERE A PLAN? I BELIEVE WE TALKED ABOUT GOING INTO THE COUNTY, GOING THAT DIRECTION WITH IT.
YOU WOULDN'T HAVE TO HAVE THE THE CONCEPT PLAN PRIOR TO THIS ONE?
[00:30:04]
NO, SIR, I WOULDN'T.YEAH. MR. FISHER, I HAVE A QUESTION.
IF THIS IS NOT APPROVED TONIGHT, SINCE THEY ARE BRINGING IN THAT SEWER AND WATER LINE.
BUT IT WOULD BE COUNTY, WHAT'S THE DETRIMENT TO THE CITY ON THAT? IF ANY? DETRIMENT TO THIS PROPERTY IS OUTSIDE OF CITY LIMITS? IT IS IN OUR ETJ.
YOU KNOW, THE TAX BASE IF IT'S NOT ANNEXED INTO THE PROPERTY.
THIS AGREEMENT ALLOWS FOR ANNEXATION AS THE CITY LIMITS GROW.
BUT IF IT REMAINS OUTSIDE OF THE CITY LIMITS, WE WOULD NOT HAVE THAT INCREASED TAX BASE.
OKAY. ME PERSONALLY, I MEAN, AND I, I'M GOING TO KEEP REPEATING THIS.
I STILL AM NOT A FAN OF CONTINUOUSLY BRINGING IN MORE MULTIFAMILY OR BUILD TO RENT COMMUNITIES.
SO BEING A VOICE OF PEOPLE, I JUST I DON'T CARE FOR THE CONCEPT ITSELF.
I APPRECIATE THE CHANGES THAT YOU MADE.
I APPRECIATE THE AMENITIES THAT YOU'VE PULLED IN, BUT THAT'S MY PERSONAL OPINION.
BUT IF THERE ARE NO OTHER QUESTIONS OR COMMENTS, I WILL ENTERTAIN A MOTION ON THIS, PLEASE.
YOUR HONOR, IN REGARDS TO ITEM 2024 120, I'M GOING TO MAKE A MOTION TO APPROVE TO APPROVING THE PRE ANNEXATION AND DEVELOPMENT AGREEMENT BETWEEN THE CITY AND PRINCETON NS HOLDINGS.
AND WE'LL HAVE A SECOND FOR THE APPROVAL.
JUST ANOTHER QUESTION. YOUR HONOR, I'LL SECOND THAT MOTION.
I THINK WE'VE ACTUALLY GOT ONE QUESTION.
WHAT? IS THERE A COST TO THE CITY, AND IF SO, WHAT? WHAT IS THIS COST FOR THE FOR THE TIP OF THE DEVELOPMENT IN.
THERE'S THERE'S NOT A COST THAT I'M AWARE OF BECAUSE IT'S IN THE ETJ IS THAT.
I'M SORRY. WHAT? AS FAR AS WHAT TYPE OF COST? LIKE, FOR INSTANCE, WE'D HAVE TO PUT ROADS IN OR.
OKAY. WELL, I MEAN, THAT'S NOT NECESSARILY ACCURATE OR FAIR.
THERE'S ALWAYS GOING TO BE A COST TO THE CITY BECAUSE THERE IS GOING TO BE THAT MASS OF PEOPLE IN AND AROUND THAT SPECIFIC AREA WITH WEAR AND TEAR ON OUR ROADS, UTILIZING FIRE AND POLICE SERVICES IN MASS DENSITY.
SO, YES, THERE IS A STRAIN ON THE CITY NOW, WHAT THAT PRICE IS PER PERSON.
MR. MASHBURN OR MR. FISHER, ARE WE ABLE TO GET LIKE, THE JUST A SUMMARY OF, LIKE, THE OPPORTUNITY COST HERE? SO THE IN TERMS OF THE REVENUE THAT WOULD BE GARNERED FROM THAT, I DON'T KNOW THAT I CAN SPEAK TO THAT OFFHAND.
I'D HAVE TO LOOK AT THE VALUE OF IT, BUT YOU ASKED ABOUT THE COST OF PUBLIC SAFETY.
IT'S ABOUT $24 PER HOUSEHOLD FOR JUST FIRE SERVICE.
POLICE. I'M NOT SURE EXACTLY WHAT THAT WOULD BE, BUT YOU JUST SAY DOUBLE IT FOR AN EASY NUMBER.
AND THEN, OF COURSE, YOU HAVE THE ROAD COSTS AS WELL.
AND THAT WILL BE A COST THAT'S LEVIED TO EACH HOUSEHOLD? RIGHT NOW, WHEN WE HAVE HOUSEHOLDS THAT ARE IN THE COUNTY, WE HAVE CERTAIN AGREEMENTS THAT YOU'LL SEE HERE SHORTLY.
AND THEN WE WE GET EXTRA REVENUE FROM THAT WHEN WE DO THAT.
NOW, IF YOU'RE IN CITY LIMITS, IT'S JUST A PART OF YOUR TAXES THAT YOU PAY HERE.
[00:35:02]
SO THERE WOULD BE A LITTLE BIT OF A REVENUE OFFSET IF WE WERE TO PROVIDE FOR THE COUNTY.IF WE ANNEXED IN, OF COURSE, THEN WE JUST GET THE AD VALOREM TAX THAT COVERS THAT.
DO YOU WANT? DO YOU NEED A FEW MOMENTS TO THINK ABOUT THIS BEFORE WE VOTE? WE'VE GOT A SECOND ON IT.
AND IF IT WOULD HELP FOR THE DEVELOPERS, DO WE HAVE THE TOTAL TAXABLE VALUE THAT WE ESTIMATE WHEN THIS IS COMPLETE? NO. OKAY.
ALL RIGHT. WELL, SINCE WE HAVE A SECOND ON THAT BY MR. LONG, WE'LL GO AHEAD AND TAKE OUR VOTE NOW.
MOTION CARRIES FOUR THREE FOR THE APPROVAL OF K5, 2024 120.
THANK YOU VERY MUCH, GENTLEMEN.
THAT'LL TAKE US TO ITEM K SIX 2024 0624R04.
CONSIDER APPROVING RESOLUTION NUMBER 2024 06240R04 DETERMINING COST AND PUBLIC HEARING.
TO CONSIDER AN ORDINANCE LEVYING ASSESSMENTS ON PROPERTY LOCATED WITHIN THE WINCHESTER PUBLIC IMPROVEMENT DISTRICT, NUMBER THREE DIRECTING THE PUBLICATION AND MAILING OF NOTICE OF SUCH PUBLIC HEARING AND TAKE APPROPRIATE ACTION.
YOU'LL TURN YOUR MICROPHONE ON.
MAYOR, COUNCIL MEMBERS, CITIZENS OF PRINCETON.
FOR THE RECORD, MY NAME IS JIM SABONIS.
I'M WITH HILLTOP SECURITIES, THE CITY'S FINANCIAL ADVISOR.
I PREPARED A FINANCIAL SUMMARY OF THE PROPOSED WINCHESTER PUBLIC IMPROVEMENT DISTRICT.
AND THE ITEM THAT YOU HAVE BEFORE YOU TONIGHT IS TO RECEIVE THE DRAFT SERVICE AND ASSESSMENT PLAN.
AND TO CALL A PUBLIC HEARING AND WITH THE INTENTION OF ACTUALLY PUTTING ASSESSMENTS IN PLACE.
TO GIVE YOU A LITTLE BACKGROUND.
WINCHESTER IS A SIGNIFICANT DEVELOPMENT.
THERE HAVE BEEN EIGHT PHASES PUT TO THAT HAVE BEEN ACTUALLY BEEN PUT TO BEEN COMPLETED FOR WINCHESTER PUBLIC IMPROVEMENT DISTRICT ONE AND TWO OF ABOUT 1500 HOMES.
WINCHESTER THREE WAS LAND THAT WAS ADDED.
AS PART OF THE DEVELOPMENT AGREEMENT, THEY ANNEXED THE PROPERTY INTO THE CITY.
PHASES 9, 10, 11 ACTUALLY TOTAL 628 LOTS.
THEY WILL COMPLETE THE WINCHESTER DEVELOPMENT.
RIGHT NOW PHASE NINE REPRESENTS 178 LOTS.
THE INFRASTRUCTURE HAS BEEN COMPLETED AND ACCEPTED BY THE CITY, AND APPROXIMATELY 20 HOMES ARE ABOUT COMPLETED AND ABOUT TO BE TRANSFERRED OWNERSHIP TO THE RESIDENTS THAT WILL LIVE THERE.
AND THAT'S WHY THERE'S THE ACTION TO MOVE FORWARD WITH THE ASSESSMENTS, BECAUSE THE ASSESSMENTS HAVE TO BE PUT IN PLACE PRIOR TO THE HOMEOWNER TAKING POSSESSION OF THE PROPERTY, SO THEY HAVE A VALID LIEN ON THE PROPERTY.
THIS PROJECT WILL ULTIMATELY GENERATE ABOUT 226 MILLION OF ASSESSED VALUE FOR THE CITY AND WHEN THE BONDS ARE ISSUED, THEY PAY A $1,800 PID FEE PER RESIDENTIAL LOT.
THE THERE'S NO TOURS INVOLVED IN THIS PROCESS AT ALL.
ON MARCH 28TH, THE CITY ACTUALLY AGREED TO THE DEVELOPMENT AGREEMENT AND COMPLETED IT.
THEY CREATED THE DISTRICT IN JUNE 16TH OF 2023.
AND GOING FORWARD THE GOAL WOULD BE TO ACCEPT THIS SERVICE AND ASSESSMENT PLAN TONIGHT, CALL THE PUBLIC HEARING FOR JULY 8TH, AND HAVE THE PUBLIC HEARING THEN ACTUALLY APPROVE THE LEVY OF ASSESSMENTS.
THEY WOULD MOVE FORWARD WITH MOVING FORWARD WITH THE SPECIAL ASSESSMENT REVENUE BONDS TO REIMBURSE THE DEVELOPER FOR HIS INFRASTRUCTURE COSTS, WITH A CLOSING TO TAKE PLACE IN SEPTEMBER 18TH.
[00:40:08]
THEIR AVERAGE HOME VALUES WERE ABOUT $231,000.PHASES THREE AND FOUR ARE THE HOME VALUES WENT UP TO 286,000.
AND THEN ON PHASES FIVE, SIX, SEVEN AND EIGHT THEY WENT UP TO 335,000.
THEY'RE PROPOSING AND THESE ARE VALID BASED ON CONTRACTS THAT WE'VE LOOKED AT.
THEIR BUILD OUT VALUE NOW ON THE 50S AND 40S WILL BE 374 AND $352,000, TOTALING, WITH ONE COMMERCIAL LOT OUTPARCEL, THE 226 MILLION.
SO THEY'VE BEEN THEY'VE INCREASED THE PRICE POINT OF THEIR HOMES ON AN ONGOING BASIS.
AND THEY COMPARE FAVORABLY NOW WITH THE EXISTING HOUSING STOCK OF THE CITY.
THIS IS A VERY MODERATE ASSESSMENT OF ONLY $0.42, RESULTING IN A VERY LOW LEVERAGE TRANSACTION.
WE'RE GOING TO BE ABOUT 5 TO 1 ON THE LOT SIZE AND ABOUT 20 TO 1 ON THE HOME VALUE, WHICH IS ACTUALLY CONSIDERABLY LOWER THAN MOST ASSESSMENT PROJECTS YOU HAVE ON THE BOTTOM OF THE PAGE. YOU'RE GOING TO SEE THAT AT THE 42.44 CENT ASSESSMENT LEVEL, THAT THE HOMES WILL BE PAYING ABOUT $1,500 FOR EACH 50 FOOT LOT PER YEAR AND ABOUT $1,495 FOR EACH 40 FOOT LOT.
THE TOTAL ASSESSMENTS OVER THE 30 YEARS WILL BE 47,040 $4,000.
THESE. THESE ASSESSMENTS WILL BE MONETIZED IN AUGUST BY THE BOND SALE ON PAGE FOUR.
ANTICIPATED AMOUNT OF BONDS ABOUT 11,500,000.
THE ANNUAL REPAYMENT WILL BE ABOUT 857,000, ABOUT $25.7 MILLION OVER THE LIFE OF THE TRANSACTION.
THERE ARE NO TIRZ MONEY GIVEN TO THIS PROJECT.
THE $1,800 PER PER RESIDENTIAL LOT TIMES A 628 LOTS WILL RESULT IN A $1,130,000 PID FEE PAID TO THE CITY THAT THEY CAN USE AS THE CITY SEES BEST, AND THEN THE TAXABLE VALUE, BASED ON OUR CURRENT TAX RATE, WILL GENERATE ABOUT $994,000 PER YEAR ON AN INDIVIDUAL BASIS.
ON AVERAGE, IT'LL BE ABOUT $1,584.
A SLIGHTLY HIGHER THAN THE CURRENT AVERAGE HOME VALUE GENERATED BY THE CITY.
SO IN SUMMARY, THIS IS A PRETTY STRAIGHTFORWARD PROJECT.
IT WILL PAY FULL TAXES AND THE ASSESSMENT FEE.
MY UNDERSTANDING IS THAT THEY'VE RECEIVED TREMENDOUS ABSORPTION.
AS I INDICATED, THERE'S 20 HOMES THAT ARE ABOUT TO BE TURNED OVER TO HOMEOWNERS.
SO THAT KIND OF SUMMARIZES THE PROJECT.
HOPE THAT CONCLUDES THE INFORMATION, THE PRESENTATION WILL ANSWER.
ANY OTHER QUESTIONS THAT YOU'D HAVE.
ALL RIGHT. THANK YOU VERY MUCH FOR YOUR PRESENTATION.
COUNCIL. DID YOU HAVE ANY ADDITIONAL QUESTIONS FOR MR. SABONIS? AND IF NO ADDITIONAL QUESTIONS, I'LL ENTERTAIN A MOTION, PLEASE.
DETERMINING COST AND CALLING FOR PUBLIC HEARING TO CONSIDER AN ORDINANCE.
OKAY, I HAVE A SECOND ON THAT.
ALL RIGHT. WE'LL GO AHEAD AND VOTE NOW.
SEVEN ZERO FOR THE APPROVAL OF K 6 2024 0624 R04.
THAT WILL TAKE US TO ITEM K 7 2024 126, CONSIDER APPROVING THE ATTACHED AGREEMENT BETWEEN COLLIN COUNTY MUNICIPAL UTILITY DISTRICT NUMBER TWO, BRIDGEWATER AND THE CITY OF PRINCETON FOR FIRE PROTECTION AND EMERGENCY MEDICAL SERVICES AND TAKE APPROPRIATE ACTION.
GOOD EVENING, MADAM MAYOR, DISTINGUISHED COUNSEL.
ESSENTIALLY, THIS IS A CONTRACT FOR FIRE AND EMS SERVICES IN THE BRIDGEWATER MUDD DISTRICT.
THIS WAS ADDRESSED IN THE RECENT BUDGET RETREAT WHERE WE DISCUSSED SOME OF THE REVENUE THAT THE FIRE DEPARTMENT COULD GENERATE THROUGH COST RECOVERY OF THOSE SERVICES.
[00:45:01]
AND WE'RE JUST ASKING FOR YOUR APPROVAL OF THE CONTRACT, AND I CAN ANSWER ANY QUESTIONS YOU MAY HAVE.I HOPE YOU'VE HAD ENOUGH TIME TO READ OVER THE MEMO AND THE ATTACHMENTS ON HERE.
IF YOU NEED ANY FURTHER CLARIFICATION, PLEASE GO AHEAD AND ASK MR. HARVEY THAT NOW OR CHIEF HARVEY.
AND IF THERE'S NO FURTHER QUESTIONS, LET'S GO AHEAD AND ENTERTAIN A MOTION FOR THAT, PLEASE.
YOUR HONOR, I'LL MAKE THAT MOTION.
YEAH, I'LL GO AHEAD AND MAKE THAT MOTION TO APPROVE AGENDA ITEM K SEVEN.
OKAY. DO I HAVE A SECOND? I SECOND.
ALL RIGHT. LET'S GO AHEAD AND DO A VOTE.
AND THAT'LL TAKE US TO ITEM K8, ORDINANCE 2024 0624.
CONSIDER APPROVING ORDINANCE NUMBER 2024 0624 OF THE CITY COUNCIL OF THE CITY OF PRINCETON, TEXAS, AMENDING THE PRINCETON MUNICIPAL CODE, CHAPTER 30 FIRE PREVENTION BY ADDING A NEW ARTICLE FOUR MITIGATION RATES FOR EMERGENCY AND NON-EMERGENCY SERVICES.
AGAIN, THIS IS A ANOTHER AVENUE WHICH THE FIRE DEPARTMENT WILL GAIN REVENUE.
THIS IS A COMPANY THAT IS CREDIBLE, WIDELY USED, LEGALLY SOUND APPROVED BY FEMA FOR MUNICIPALITIES TO REACH OUT THERE AND TRY TO RECOVER COSTS BY OTHER MEANS THAT ARE IMPACTING WHERE WE DON'T HAVE THE ABILITY, EITHER THROUGH THE TAX BASE OR OR THE TAX RATE. THE CHALLENGES RECOUPING OUR SERVICES ARE LARGE.
AND SO THIS IS AN OPPORTUNITY FOR US TO RECOUP SOME OF THOSE CHARGES THAT WE CANNOT GAIN THROUGH THE COUNTY'S SERVICE OR A COUNTY'S STIPEND THAT THEY GIVE US ANNUALLY.
SO WE'RE ASKING THAT THE COUNCIL APPROVE THE FEE SCHEDULE, WHICH IS A NATIONAL STANDARD FEE SCHEDULE USED FOR RECUPERATION OF THESE SERVICES.
AND THEY WILL BE USED APPROPRIATELY AND WITH DISCIPLINE, AND TO MAKE SURE THAT THOSE CITIZENS THAT ARE BEING CHARGED, THOSE SERVICES, WHICH ACTUALLY IT'S NOT THE CITIZENS THEMSELVES, IT'S THE INSURANCE COMPANIES THAT ARE BEING BILLED.
SO IT DOESN'T NECESSARILY IMPACT THE INDIVIDUAL.
CHIEF, WITH THAT, I NEED TO ASK A QUESTION BECAUSE YOU SAID, YOU KNOW, TO ACTUALLY CHARGE THE INSURANCE COMPANIES, WHICH THE INSURANCE COMPANIES USUALLY ALREADY HAVE, THAT IN THEIR BUDGET, SO TO SPEAK, TO PAY FOR THOSE TYPE OF SERVICES.
SO WE WILL NOT BE CHARGING INDIVIDUALS.
YES, SIR. ANY ADDITIONAL QUESTIONS? OKAY. NO QUESTIONS. I'LL ENTERTAIN A MOTION, PLEASE.
I WOULD LIKE TO MAKE A MOTION THAT WE APPROVE ORDINANCE NUMBER 2024 0624.
AMENDING WITH NEW ARTICLE FOUR AS SUBMITTED.
DO I HAVE A SECOND? I'LL SECOND THAT.
THAT WE WILL GO AHEAD AND VOTE.
CHIEF HARVEY, I WANT TO THANK YOU AND STAFF.
THIS IS A GOOD COST RECOVERY FOR OUR DEPARTMENT AND FOR OUR CITY.
SO THANK YOU FOR YOUR TIME AND EFFORT PUTTING THAT INTO THIS.
THANK YOU COUNCIL. APPRECIATE IT.
ALL RIGHT. THAT'S GOING TO TAKE US TO ITEM K 9 2024 118.
COUNCIL, DO YOU HAVE ANY ITEMS TONIGHT YOU WOULD LIKE TO DISCUSS IN THE FUTURE? YOUR HONOR, I DO HAVE ONE, AND THAT'S CONCERNING SIXTH STREET.
I'VE ASKED BEFORE, YOU KNOW, MAYBE GOT SOME UPDATES, BUT THEY HAVE STILL NOT MOVED THE MAILBOXES.
[00:50:02]
SO THAT NEEDS TO BE ADDRESSED, I BELIEVE.ANYONE ELSE HAVE ANYTHING TO ADD? OKAY. NOTHING FURTHER. WE WILL GO TO OUR REPORT AGENDA.
[L. REPORT AGENDA]
I'M SORRY, CITY COUNCIL EDC CDC SPECIAL JOINT MEETING WILL BE TUESDAY, JULY THE 2ND, 2024 AT 5:30 P.M..BUDGET TOWN HALL MEETING WILL BE JULY THE 8TH, 2024 FROM 6 TO 8 P.M.
AND CITY COUNCIL PISD SPECIAL JOINT MEETING WILL BE TUESDAY, JULY THE 9TH, 2024 AT 6:30 P.M..
WITH THAT, WE ARE DONE FOR THE EVENING.
I WILL TAKE A MOTION TO ADJOURN.
YEAH, I'LL MAKE THAT MOTION TO ADJOURN..
AND I'LL SECOND IT. ALL IN FAVOR, SAY AYE.
AYE. HAVE A GREAT NIGHT.
* This transcript was compiled from uncorrected Closed Captioning.