[CALL TO ORDER]
[00:00:06]
>>> WELCOME. WE ALL THE MEET ' ING TO ORDER.
IT'S NOW 10:00 A.M. AND WE ARE OPEN FOR BUSINESS. >> I WILL JOIN THE DCOA MEETING.
>> WE'LL ASK COUNCIL MESH MAYOR PRO-TEM PRICE TO PROVIDE THE INVOCATION.
>> AND THE PLEDGE OF ALLEGIANCE.
>> . >> THE DCOA WILL DEFER THEIR PUBLIC COMMENTS TO OUR PUBLIC HEARING AND WE'RE GOING TO MAKE AN ADJUSTMENT TO THE PUBLIC, HAVE NO. 3, AND WE'LL REDO IT FROM THREE TO ONE MINUTE. ANYBODY CAN HAVE AN OPPORTUNITY TO SPEAK IF WHICH CHOOSE.
[EXECUTIVE SESSION]
ITEM NO. TWO, IT'S NOW 10:02 AND WE'RE IN EXECUTIVE SESSION] >>> .
>>> . >> IT'S NOW TEN LOCKE. ITEM NO. THREE.
[3. Resolution: Receive a Report. Hold a Discussion and Public Hearing, and Take Action on Approving DCOA Project Legacy ‘Mis’ Mayo)]
I'LL ASK -- TO PRESENT THIS SEPTEMBER. >> THE DCOA WILL [INDISCERNIBLE]
SENTENCE. >> GOOD MORNING, MAYOR, CITY COUNCIL MEMBERS, CITY MANAGER HANNA AND THE CITIZENS OF ABILENE. THIS IS TRULY AN EXCITING DAY AND MY PLEASURE TO PRESENT TO YOU ALL ON BEHALF OF THE DEVELOPMENT CORPORATION OF ABILENE'S BOARD OF DIRECTORS, YOU SEE THE FIVE BOARD MEMBERS SITTING IN FRONT OF YOU.
WE ARE HAPPY AND REALLY HONORED TO BE ABLE TO PRESENT THIS PROJECT CALLED PROJECT LEGACY.
IT'S A BUSINESS ATTRACTION PROJECT FOR A FOOD MANUFACTURING COMPANY.
THEY ARE ACTUALLY A CHEESE IF MANUFACTURER AND THE BUSINESS COMPANY WILL OPERATE IN ABILENE AND IT'S PACKAGING AND CO-PACKAGING. THEY PLAN TO EMPLOY 510 CITIZENS OF THIS COMMUNITY WITH AN AVERAGE SALARY OF THE CREATED JOBS TO BE OVER $60,000.
THEY PLAN TO INVEST 11 YOUR .5 MILLION. IT'S ON 76 ACRES IN THE ACCESS BUSINESS PARK. THEY PLAN TO BUILD A FACILITY THAT WILL EXCEED 280,000 SQUARE FEET. AND THE INCENTIVE THAT THE DEVELOPMENT CORPORATION BOARD HAS APPROVED FOR YOUR CONSIDERATION TODAY IS $33.3 MILLION.
THAT IS BY RESOLUTION. YOU WILL NOTICE THAT IS $30 MILLION IN GRANT THAT IS CONSIDERED CASH GRANT AND $3.3 MILLION IN AN IN KIND INCENTIVE BY WAY OF THE LAND AND THE IMPROVEMENTS NEEDED TO MAKE THE LAND SITE READY. I BELIEVE YOU CAN SHOW THE GENERAL POPULATION, THE PUBLIC, AND OUR VISITORS AS WELL AS OUR PARTNERS THE MAP.
I BELIEVE THERE'S AN OPPORTUNITY TO SHOW THAT HOPEFULLY. AND WHILE THEY'RE PULLING UP THE MAP I WILL SAY THAT IT IS MY PLEASURE TO ACTUALLY ACKNOWLEDGE ALL OF THE MANY PEOPLE THAT WERE INVOLVED IN THIS. I KNOW YOU ALL AS COUNCILMEMBERS, OUR BOARD MEMBERS, OUR DCOA STAFF TEAM MEMBERS AS WELL AS OUR PARTNER TEAM MEMBERS, THE INDUSTRIAL
[00:05:01]
FOUNDATION, THE CHAMBER, THE AIRPORT, THE SBDC, SO MANY OF OUR DEVELOPED ABILENE PARTNERS HAVE WORKED LONG AND HARD TO ENSURE THAT WE CAN ATTRACT PROJECTS JUST LIKE THIS.YOU'LL SEE THE POSITION OF THE PROJECT ON THE SCREEN. IT GIVES EVERYONE AN OPPORTUNITY TO SEE IT AND THE LAST PART OF THE PRESENTATION ARE THE IMPACTS.
I NOTICED -- THERE WE GO. THE IMPACTS. THIS PROJECT IS PROJECTED TO HAVE A TOTAL ECONOMIC IMPACT TO ABILENE OVER THE NEXT TEN YEARS OF $1.3 BILLION.
THAT IS BOTH THE DIRECT AND INDIRECT, $1.3 BILLION IN THE TEXT TEN YEARS.
THE DCOA'S PRIMARY FUNCTION IS TO LOOK AT PROJECTS AND CONSIDER THE RETURN ON INVESTMENT.
SO THIS IS FOR EVERY DOLLAR THE COMMUNITY WILL COMMIT AND REMEMBER THAT THOSE ARE -- I REMIND THE GENERAL PUBLIC THE MONIES COME FROM A PORTION OF SALES TAX DOLLARS.
FOR EVERY DOLLAR COMMITTED TO THE COMPANY THE DIRECT IMPACT BACK, THE DIRECT INVESTMENT BACK TO THE COMPANY, BACK INTO OUR COMMUNITY WILL BE $12, SO IT IS A ONE DOLLAR TO $12 RETURN ON INVESTMENT. MAYOR, AGAIN, YOU CAN TELL WHY I'M SO HONORED AGAIN ON BEHALF
OF THE DCOA BOARD OF DIRECTORS TO PRESENT THIS PROJECT LEGACY. >> THANK YOU VERY MUCH.
WE'LL HOPE UP COMMENTS FROM THE COUNCIL AS WELL AS THOSE IN THE AUDIENCE.
WE DO HAVE A DATE WITH THE GOVERNOR AS WELL AS OUR STATE SENATOR AND STATE REPRESENTATIVE, ALL OF WHICH HAVE CONTRIBUTED TO THIS PROCESS.
WE'LL BE REMISS AND I JUST THINK YOU AND JACK, YOUR BOARD, THE DUE-DILIGENCE AND MISTY MAYO.
THIS DOES NOT HAPPEN IF MISTY MAYO IS NOT THE CEO, AND THIS IS A GAME CHANGER.
A NUMBER OF THINGS ARE IMPORTANT. THE FOREFRONT IS ALLOWING A FAMILY TO MAKE A GOOD LIVING. $60,000, AND THIS WAS A AGREEMENT YEARS AGO WHEN ABILENE WAS THE FIRST CITY IN THIS STATE TO HAVE BUILT A CORPORATION. I HAVE SO PROUD OF WORK THAT'S BEEN DONE FOR TEAM ABILENE, THE HARD WORK FROM EACH BOARD MEMBER, AND AN OPPORTUNITY FOR ABILENE TO REALIZE MORE PROSPERITY. BUT OUR COLLEAGUES ON THE COUNCIL MAKES REMARKS AGAIN AND WE HAVE A DATE WITH THE GOVERNOR IN JUST A BIT.
AND BY THE WAY, AT THE CONCLUSION OF THE REMARKS BY THE GOVERNOR AND SENATOR BUCKINGHAM, SENATOR LAMBERT, WE'LL HAVE A PRESS CONFERENCE AND WE'LL ALLOW THEM TO SAY SOME OTHER THINGS TOO. ANY COMMENTS FROM THE COUNCIL PRIOR TO THE PUBLIC HEARING?
>> YEAH. I'VE GOT COMMENTS. THIS IS A GREAT DAY.
IT'S A GREAT DAY TO BE IN ABILENE. FOR A THE OFFENSIVE LINE PEOPLE THAT DON'T UNDERSTAND WHAT DCOA DOES, THIS IS WHAT THEY DO AND THIS IS A HOME RUN AND I'M VERY PROUD OF ALL THE STAFF THERE, THIS BOARD, THIS GREAT BOARD AND I'M JUST VERY EXCITED THAT THIS IS HAPPENING. WE HAVE KIND OF BEEN HEARING ABOUT THIS AND NOW IT'S HERE AND WE HIT THE HOME RUN. IT'S A GOOD DEAL. I'M PROUD OF YOU ALL.
>> THIS IS GOOD WORK. SO APPRECIATIVE OF THE WORK THAT THE BOARD HAS DONE AND THE STAFF OF DCOA AND IT'S EXCITING TO SEE A COMPANY COME IN HERE THAT'S GOING TO PAY THE WAGES THAT
THEY'RE GOING TO PAY THEM. >> $60,000. >> AND THAT'S MUCH HIGHER THAN THE MEDIAN INCOME IN THE COUNTY SO THAT'S A GREAT IMPACT, NOT JUST THE RETURN ON INVESTMENT FOR TAXES THAT WILL COME BACK IN AND OTHER THINGS WILL BE AN IMPACT BUT THE FAMILIES THAT
HAVE AN OPPORTUNITY TO HAVE A LIVING WAGE AND THAT'S EXCITING. >> I WANTED TO SAY BRIEFLY FIRST AND FOREMOST THANK YOU GUYS SO MUCH FOR ALL OF THE WORK THAT GOES ON BEHIND THE SCENE AND I HOPE THIS ISN'T TOO PERSONAL, BUT MISTY, WHAT YOU HAVE BEEN THROUGH IN THE LAST YEAR AND STILL KNOWING THE FIGHT THAT IS IN YOUR SPIRIT, I AM HONORED TO HAVE YOU LEADING OUR CITY IN THE CAPACITY THAT YOU'RE LEADING IT. I ALSO WILL BE REMISS TO SAY, YOU KNOW, THERE ARE PEOPLE IN OUR CITY WHO GENERATIONALLY CAN GET STUCK IN A LOCATION OR SOCIOECONOMIC STATUS AND KNOWING THAT WE'RE BRINGING A COMPANY HERE THAT CAN CHANGE THE TRAJECTORY OF A GENERATION IS SUCH AN HONOR AND SUCH A BLESSING SO THANK YOU GUYS FOR THE ECONOMIC IMPACT, BUT MORE IMPORTANTLY FOR THE HUMANITY IMPACT THAT IT WILL HAVE ON OUR CITY.
>> WELL-SAID. >> WE'VE COME OUT OF A ROUGH YEAR AND THIS IS A GREAT WAY TO
[00:10:01]
START THE NEW YEAR. ABILENE IS A HISTORIC AREA OF TEXAS AND NOW WE'RE THE CHEESE CAPITAL OF TEXAS AND I THINK THAT'S FANTASTIC. WE NEED BOOKS WRITTEN ABOUTCHEESE TO FIGURE THE NICKEL. >> I HOPE IT'S NOT CHEESY TO SAY BUT THERE'LL BE MANY MORE PEOPLE ALL ACROSS THE NATION THAT WILL KNOW HOW FABULOUS ABILENE, TEXAS IS.
>> THAT'S GOOD. >> AND THANK YOU FOR PUTTING THAT STAMP OUT THERE FOR THE
WORLD TO LOOK AT. >> ALL RIGHT, COUNCIL, 10:18, AND IT'S NOW AN OPPORTUNITY, WE'LL LET THE PUBLIC SPEAK, IS THERE ANYONE WHO WANTS TO SPEAK FOR OR AGAINST, AND IF SO PLEASE STATE YOUR NAME FOR THE RECORD AND WE'LL HAVE A ONE-MINUTE TIME LIMIT.
>> AND WE'LL SIMULTANEOUSLY OPEN UP THE PUBLIC COMMENT. >> GOOD MORNING, COUNCIL, AND BOARD MEMBERS AND THE DCOA, DAVIS FORT FOR THE RECORD. I KNOW I'M FOR ECONOMIC DEVELOPMENT AND IF YOU'RE SO GOOD AT DCOA, THE REPAYMENTS ALONE, USE THAT FUTURE CAPITAL TO REINVEST BUT VOTERS NEED TO THINK ABOUT OUR AGREEMENT AGAIN ABOUT WHETHER WE CONTINUE TAXPAYER FUNDING FOR STUFF LIKE THIS. IF YOU'RE SO GOOD AND YOU GET THESE REPAYMENTS ALONE, TO USE THAT CAPITAL, BECAUSE WE COULD SURE USE THAT MONEY FOR INFRASTRUCTURE IMPROVEMENTS, WHAT THEY JUST MENTIONED, IT WAS DIFFERENT THAN THE MEDIA.
THAT MONEY, THINK HOW MANY YEARS OF STREET MAINTENANCE THAT'S COLLECTED ON THAT COULD GO FOR THAT. BUT I'M ALL FOR DEVELOPMENT BUT THE CEO SITTING RIGHT HERE, THE FORMER ONE, SAID WE CAN'T PICK ALL THE WINNERS AND HE'S SURE RIGHT ABOUT THAT ON SOME THINGS.
BUT LIKE I SAID, WE NEED TO TALK TO THE VOTERS ABOUT THIS ARRANGEMENT.
THANK YOU. >> ANYBODY ELSE WANT TO SPEAK THIS MORNING FOR OR AGAINST?
>> SEEING NO ONE I'LL CALL THE PUBLIC HEARING. >> I'LL TAKE ANY COMMENTS FROM THE COUNCIL. I'LL TAKE A MOTION AND SECOND ON THE COUNCIL.
>> SO MOVED. >> WE HAVE A MOTION BY COUNCILMEMBER MCALISTER.
>> SECOND. >> AND A SECOND BY MAYOR PRO-TEM SHANE PRICE.
ANY FURTHER COMMENT. WE'RE READY TO VOTE. [VOTE].
>> MOTION CARRIES. >> [APPLAUSE]
>> FOR THE RECORD, THE DCOA IS GOING TO TABLE AGENDA ITEM NO. FOUR ON ITS AGENDA.
>> SINCE JACK IS NOT HERE HE DOESN'T GET ANY CHEESE. >> A LOT OF CHEESE JOKES I
SUPPOSE. >> IT'S 10:21 A.M. AND THE MEETING OF THE CITY COUNCIL IS
ADJOURNED AND WE'LL TALK TO THE GOVERNOR IN JUST A BIT. >> THE
* This transcript was compiled from uncorrected Closed Captioning.