1 00:00:00,000 --> 00:00:26,520 The Conroe Industrial Development Corporation, appreciate you all being here today. Secretary, if you please call the roll to order. Director Burke. Here. Director Davis. Here. Director Oizington. President. Director McKinsey. Here. Mayor Pro Temsellers. Good afternoon, President. And Director Bonus. 2 00:00:31,290 --> 00:00:34,150 You're welcome. All right. All right. Thank you. 3 00:00:34,150 --> 00:00:38,590 If everyone will please stand, we'll pledge our flags. 4 00:00:38,970 --> 00:00:39,250 To 5 00:00:46,320 --> 00:00:50,560 the flag of the United States of America and to the Republic, 6 00:00:50,780 --> 00:00:54,820 or which stands one nation under God in the visible 7 00:00:54,820 --> 00:00:56,900 with liberty and justice for all. 8 00:00:57,720 --> 00:00:58,560 And the Texas flag. 9 00:00:59,780 --> 00:01:01,340 Honor the Texas flag. 10 00:01:01,800 --> 00:01:05,920 Our pledge allegiance to the Texas one state under God, 11 00:01:06,440 --> 00:01:07,600 one in the visible. 12 00:01:11,840 --> 00:01:12,420 Thank you. 13 00:01:12,500 --> 00:01:14,420 And if everyone would bow your head with me 14 00:01:22,740 --> 00:01:28,700 We appreciate the opportunity and the privilege that you bestowed upon us to do the work for our city. 15 00:01:29,720 --> 00:01:37,160 We pray for director bonus as he's gone. Hopefully you give him safe travels for him and his family while he is out. 16 00:01:38,400 --> 00:01:39,760 Thank you for everyone that's here today. 17 00:01:39,760 --> 00:01:46,580 As you guide, guide us as we make decisions to further the betterment of our community and use the name we pray. Amen. 18 00:01:48,420 --> 00:01:56,120 All right. We have agenda item number one. Citizens inquiries not to exceed 30 minutes. Citizen inquiries are limited to three minutes per person. 19 00:01:56,540 --> 00:01:59,500 Speakers are limited to addressing only topics on the current agenda. 20 00:02:00,180 --> 00:02:03,400 Citizen inquiry form is available on the table outside of the council chambers. 21 00:02:03,720 --> 00:02:07,740 Must be completed and given to the CIDC secretary prior to the beginning of the meeting. 22 00:02:07,740 --> 00:02:15,040 person is turning in in complete citizen inquiry forms will not be called upon to ask to speak secretary 23 00:02:15,040 --> 00:02:20,460 I don't believe we have any doing we have not received anything all right all right we'll move on to 24 00:02:20,460 --> 00:02:26,880 agenda item number two discuss and consider approval of the Wednesday August 26 to 2026 regular meeting 25 00:02:26,880 --> 00:02:33,840 minutes in your package I will entertain a motion to approve those minutes so moved second motion a 26 00:02:33,840 --> 00:02:35,100 Second, any discussion? 27 00:02:36,160 --> 00:02:37,400 All those in favor say aye. 28 00:02:37,780 --> 00:02:38,140 Aye. 29 00:02:38,520 --> 00:02:38,980 Any opposed? 30 00:02:40,500 --> 00:02:42,220 Meeting minutes are approved, best presented. 31 00:02:43,180 --> 00:02:45,180 Item number three, discuss and consider approval 32 00:02:45,180 --> 00:02:47,800 of the August 2026 Treasurer's Report. 33 00:02:48,300 --> 00:02:49,220 Mrs. Gibbs, good afternoon. 34 00:02:49,520 --> 00:02:50,000 Good afternoon. 35 00:02:50,500 --> 00:02:52,940 All the CIDC, both member and everyone. 36 00:02:58,140 --> 00:03:01,340 The presentation today will be about our August to have 37 00:03:01,340 --> 00:03:04,060 the 26 CIDC Treasurer Report. 38 00:03:05,060 --> 00:03:06,380 And in this presentation, 39 00:03:06,380 --> 00:03:11,280 We will go over the fund balance as of August 31st, 2026. 40 00:03:12,260 --> 00:03:19,180 Long-term commitment and debt service revenue over expenditure for the month of August 26th and the year-to-date. 41 00:03:19,640 --> 00:03:25,360 Cell tax revenue, major expenditure, and last but not least is for the question pack. 42 00:03:26,760 --> 00:03:34,200 As of August 31, 2021, the ending fund balance of CIDC is 38.5 million. 43 00:03:34,680 --> 00:03:43,080 We can cover up to 513 operating day and about 141% of the fiscal year 26 annual budget 44 00:03:43,080 --> 00:03:44,860 expenditure for CIDC. 45 00:03:46,500 --> 00:03:54,020 For long-term commitment and debt service, the total amount is 125.8 million, in which 46 00:03:54,020 --> 00:03:59,600 The short-term payable is 3 million and the long-term payable is 122.7 million. 47 00:04:01,870 --> 00:04:08,870 For the month of August, revenue CIDC have 1.9 million, 3% increasing comparing with 48 00:04:08,870 --> 00:04:16,930 the same month of last year, expenditure is 5.9 million, 16% less than the same month 49 00:04:16,930 --> 00:04:20,890 of last year, revenue less than expenditure 3.9 million. 50 00:04:21,850 --> 00:04:30,310 Year-to-day is revenue for CIDC is 19.3 million, 7% increasing, comparing with the year-to-date 51 00:04:30,310 --> 00:04:39,290 25, expenditure year-to-date is 14.8 million, 1.1 million are 8% increasing with the year-to-date 52 00:04:39,290 --> 00:04:44,250 2025. Revenue asset expenditure 4.5 million. 53 00:04:46,110 --> 00:04:54,690 SELTAX revenue of the month of August is 1.7 million, 5.1% increasing comparing with 54 00:04:54,690 --> 00:05:03,970 the same month of last year. Year-to-day SELTAX revenue is 16.9 million, 394,000 or 2.4% 55 00:05:03,970 --> 00:05:08,290 increasing comparing with the year-to-date official year 2025. 56 00:05:08,290 --> 00:05:15,120 Self-tax revenue year-to-day retail industry have 57 00:05:15,120 --> 00:05:18,280 contribute 7.6 million, general service 58 00:05:18,280 --> 00:05:24,000 contribute 2.4 million, foot industry contribute 1.8 million, and 59 00:05:24,000 --> 00:05:26,940 the rest fall into wholesale manufacturing 60 00:05:28,320 --> 00:05:33,960 assessor. Retail industry portion for our 61 00:05:33,960 --> 00:05:38,640 sale tax revenue is 45%. General service is 15% 62 00:05:38,640 --> 00:05:47,780 food service industry is 11%. CIDC transfer out expenditure year-to-day is 63 00:05:47,780 --> 00:05:49,320 $7.7 million. 64 00:05:51,480 --> 00:05:59,460 The year-to-day CIDC incentives as of August 31st, 264,435. 65 00:06:00,660 --> 00:06:06,860 And that's wrap up some major financial highlights of August 2026 CIDC. 66 00:06:08,940 --> 00:06:09,940 I'm 67 00:06:10,580 --> 00:06:12,660 Thank you Miss Gibbs. Does anyone have any questions? 68 00:06:16,640 --> 00:06:20,860 All right. If not, I'll entertain a motion to approve the August 2026 Treasurer's Report. 69 00:06:21,260 --> 00:06:26,540 So moved. Motion by Tim. Second. Second. Second, Mr. Sellers. Any further discussion? 70 00:06:27,580 --> 00:06:30,360 All those in favor say aye. Aye. Any opposed? 71 00:06:31,540 --> 00:06:33,920 All right. Treasurer's Report is approved. Thank you, Mrs. Gibbs. 72 00:06:35,360 --> 00:06:40,520 Agenda, I'm going to move forward discussion and presentation regarding future fire station in Condra Park North. 73 00:06:41,120 --> 00:06:44,140 Chief Simms, I'm going to turn it over to you for a presentation. 74 00:06:46,630 --> 00:06:47,290 Good afternoon, sir. 75 00:06:47,590 --> 00:06:48,110 Good afternoon. 76 00:06:49,390 --> 00:06:50,350 How's everybody doing? 77 00:06:50,930 --> 00:06:51,530 You know, hear me okay? 78 00:06:51,990 --> 00:06:52,270 Great. 79 00:06:53,270 --> 00:06:54,610 Pull up my little presentation. 80 00:06:55,090 --> 00:06:55,350 First, 81 00:07:03,240 --> 00:07:03,900 it's not big enough. 82 00:07:05,180 --> 00:07:06,080 All right, good afternoon. 83 00:07:06,660 --> 00:07:13,000 I appreciate the opportunity to be here today and get to see some of you guys and meet some of you that I haven't met before. 84 00:07:13,540 --> 00:07:15,060 I appreciate the opportunity. 85 00:07:15,060 --> 00:07:20,660 This process began more than a year ago when I began to have a conversation with 86 00:07:20,660 --> 00:07:25,380 Laura Lee Palmer, which she is here, and recently I've had conversations 87 00:07:25,380 --> 00:07:30,280 briefly with Jody Willard. I appreciate them, I appreciate Laura Lee and everything 88 00:07:30,280 --> 00:07:36,240 that she has helped me to accomplish to this point. The request today is to look 89 00:07:36,240 --> 00:07:42,660 at a reserve of 15 acre tract and ultimately take it as a position for a future 90 00:07:42,660 --> 00:07:49,220 fire station. As you see on the slide there I believe you can see that is a 15 91 00:07:49,220 --> 00:07:53,980 acre tract and it was determined that there was two pieces of property in 92 00:07:53,980 --> 00:07:59,080 this area in the industrial park but at one time it just had a real hard time 93 00:07:59,080 --> 00:08:03,580 getting moving as I understood it and but it was determined that this 15 94 00:08:03,580 --> 00:08:08,760 acre track was the best suited for us for a future fire station and its proximity 95 00:08:08,760 --> 00:08:13,320 to certainly everything that's growing around there and has grown around it from the 96 00:08:13,320 --> 00:08:19,660 industrial aspect but also the residential communities of Silver Thorn, I believe it's 97 00:08:19,660 --> 00:08:26,120 the Stewart Creek Reserve is up in that area too, to the tune of some almost 4,000 homes. 98 00:08:26,740 --> 00:08:30,780 So it just makes sense for us to have a future fire station up there. 99 00:08:31,040 --> 00:08:32,700 We're very happy for that opportunity. 100 00:08:32,700 --> 00:08:40,700 And the next slide you see a survey of that, as I said, 15 acres, about almost seven 101 00:08:40,700 --> 00:08:46,520 acres of it is in the floodplain and unusable without having to add a lot of money and build 102 00:08:46,520 --> 00:08:51,140 up and that kind of stuff. But it's truly suited for this fire station and the eight acres 103 00:08:51,140 --> 00:08:57,740 that is usable. So we would be happy to occupy that if you're so inclined. It does have 104 00:08:57,740 --> 00:09:02,740 frontage road on the Condra Park north and it would in just a few feet from 105 00:09:02,740 --> 00:09:07,220 Walla Wilkerson Parkway it also has water and sewer there is as you are 106 00:09:07,220 --> 00:09:15,080 keenly aware. This is just some conceptual drawing. Initial thoughts that we 107 00:09:15,080 --> 00:09:20,120 would have about 11 to 12,000 square foot, I'm just giving me a square foot would be 108 00:09:20,120 --> 00:09:25,100 needed in this facility since my initial evaluation of that that I've had 109 00:09:25,100 --> 00:09:31,700 conversations with our police chief and the potential need for future police 110 00:09:31,700 --> 00:09:38,560 substations and specific zones around the city. I did plug that into this 111 00:09:38,560 --> 00:09:43,240 concept. I don't know if that would ultimately be a place that he would want 112 00:09:43,240 --> 00:09:50,020 that substation and adding that it was about 15,000 square feet if he chose not 113 00:09:50,020 --> 00:09:53,860 to use that or we would certainly come off of that we wouldn't need as much. 114 00:09:53,860 --> 00:09:57,580 go back down to that 11,000, 12,000 square feet. 115 00:09:58,180 --> 00:10:01,760 So the opportunity for us to engage in the community 116 00:10:01,760 --> 00:10:04,160 with this facility, as again, it's a concept, 117 00:10:04,160 --> 00:10:06,960 but we would make sure that it looks similar 118 00:10:06,960 --> 00:10:10,840 to the region, it blends well much to what's there already. 119 00:10:11,620 --> 00:10:15,840 It would have three bays, it would have a civic frontage. 120 00:10:16,200 --> 00:10:18,820 People could engage just like they do in most community, 121 00:10:20,560 --> 00:10:22,120 police fire stations. 122 00:10:22,120 --> 00:10:26,160 And another rendering, as you see here, be a three-way drive-through. 123 00:10:26,980 --> 00:10:32,120 Parking, ample parking for the people that are working there, and as well as the police, 124 00:10:32,480 --> 00:10:34,100 the police department side of things. 125 00:10:36,420 --> 00:10:42,440 The action that initially was going to be requesting today, but it made it a presentation 126 00:10:42,440 --> 00:10:48,840 with the intent to come back to you at hopefully the next meeting with your approval to move forward 127 00:10:48,840 --> 00:10:52,560 with conveying this to be a future fire station. 128 00:10:53,940 --> 00:10:55,020 Let's see here. 129 00:10:57,120 --> 00:11:01,180 In closing, the station is currently in the five-year CIP. 130 00:11:01,880 --> 00:11:05,020 It's in the 2030-2031 fiscal year. 131 00:11:05,520 --> 00:11:08,360 It'll be broken up over two fiscal years 132 00:11:08,360 --> 00:11:12,140 and be completed in the 31-32 fiscal year. 133 00:11:12,860 --> 00:11:15,660 Estimations right now is about $13.6 million, 134 00:11:16,280 --> 00:11:24,760 And that covers the facility, covers all the equipment that would have to go into it, does not include the personnel expenses to that measure. 135 00:11:25,460 --> 00:11:27,440 I'm happy to answer any questions that you may have. 136 00:11:28,180 --> 00:11:30,080 Does anyone have any questions for Chief Sims? 137 00:11:33,880 --> 00:11:35,580 I'm sorry, Chief, I just had one. 138 00:11:36,540 --> 00:11:45,500 What are you seeing as the timeline for having us, you know, begin construction on this fire station, how far down the road is it? 139 00:11:45,500 --> 00:11:52,420 I would want to, I'd currently follow the CIP process, so it'd be 2030, 2031. 140 00:11:52,580 --> 00:11:57,840 We would begin the design and build a design process and to be completed in that 31-32 141 00:11:57,840 --> 00:11:58,420 fiscal year. 142 00:11:59,120 --> 00:12:05,620 I know on that track, almost the complete frontage of it is in the 100-year floodplain if 143 00:12:05,620 --> 00:12:06,260 I'm not mistaken. 144 00:12:06,460 --> 00:12:08,880 You may have had that in one of your diagrams, actually. 145 00:12:09,040 --> 00:12:12,280 Is that going to be an issue with getting fire trucks in and out, you think? 146 00:12:12,280 --> 00:12:16,060 Actually, more of the floodplain is in the back part of the problem. 147 00:12:16,060 --> 00:12:17,040 It's in the back, okay. 148 00:12:17,160 --> 00:12:18,860 I'm closer to the railroad tracks there. 149 00:12:19,320 --> 00:12:21,860 The front, it really works, it's ideal for us. 150 00:12:22,420 --> 00:12:22,680 Okay. 151 00:12:23,540 --> 00:12:24,560 That's all I had, Chairman. 152 00:12:25,940 --> 00:12:26,600 Any other questions? 153 00:12:27,700 --> 00:12:28,220 That is great. 154 00:12:28,600 --> 00:12:28,900 All right, yeah. 155 00:12:28,980 --> 00:12:29,620 Thank you, Chief Sims. 156 00:12:29,620 --> 00:12:30,500 Great presentation. 157 00:12:30,920 --> 00:12:33,060 Look forward to seeing that materialize. 158 00:12:35,420 --> 00:12:35,800 All right. 159 00:12:36,560 --> 00:12:38,620 Next item on the agenda, number five, 160 00:12:38,620 --> 00:12:42,600 I've discussed and considered warrant to you donation deed for Waterwell No. 36. 161 00:12:43,300 --> 00:12:44,540 Terrible, if you're going to take that one. 162 00:12:45,460 --> 00:12:48,200 Yes, sir. Thank you, Director Davis. 163 00:12:49,360 --> 00:12:51,560 Good afternoon, CIDC board member. 164 00:12:52,420 --> 00:12:59,780 So this item is for transferring basically the property to the city of Conroe. 165 00:13:00,520 --> 00:13:02,500 Now, CIDC owns this property. 166 00:13:04,020 --> 00:13:08,160 We already have performed the minor planning on this one. 167 00:13:08,160 --> 00:13:16,080 and that's already done, but what this transfer did allows us to do is a easy on the permitting, 168 00:13:16,240 --> 00:13:20,860 which we already have a TCEP permitting the first step, but the second step you have 169 00:13:20,860 --> 00:13:28,160 to have the property on your hand. Also, the loan store ground water requires us to own 170 00:13:28,160 --> 00:13:34,640 the property in order to first drill the water well, so that allows us to smooth all the permitting 171 00:13:34,640 --> 00:13:35,120 process. 172 00:13:37,630 --> 00:13:44,890 And this is approximately 2.4 acres, a little over 2.4 acres property that we are 173 00:13:44,890 --> 00:13:46,230 transferring to the city's name. 174 00:13:48,740 --> 00:13:49,920 All right. Any questions for Tara? 175 00:13:53,290 --> 00:13:53,830 All right. If not, 176 00:13:53,970 --> 00:13:59,730 I'll entertain a motion to convey that warrant to you donation deed for Waterwell No. 36. 177 00:14:02,290 --> 00:14:10,200 So moved motion from them. Second, Kristen. Any further discussion? All those in favor say 178 00:14:10,200 --> 00:14:10,460 Aye. 179 00:14:10,680 --> 00:14:11,160 Aye. 180 00:14:11,500 --> 00:14:11,900 Any opposed? 181 00:14:13,120 --> 00:14:13,440 All right. 182 00:14:14,020 --> 00:14:14,500 Passes. 183 00:14:14,700 --> 00:14:15,380 Item number six. 184 00:14:15,500 --> 00:14:18,080 Discuss and consider an easement to serve Silverthorn. 185 00:14:18,520 --> 00:14:18,860 Tara. 186 00:14:20,710 --> 00:14:21,170 Thank you, sir. 187 00:14:22,450 --> 00:14:27,510 This item is basically kind of giving you a background. 188 00:14:27,710 --> 00:14:35,630 We have a water well, three water wells in the same area, kind of in a triangular, say, water well 27 is on the west, 189 00:14:35,630 --> 00:14:41,510 little bit west side of this silver-thorn development and then a little bit 190 00:14:41,510 --> 00:14:48,850 north east side is 29 and the south side this is 20 water plant 36 that's what we're 191 00:14:48,850 --> 00:14:54,870 going to do next. It's kind of sitting in between so our master plant calls for 192 00:14:54,870 --> 00:14:59,130 kind of looping the system using 12-inch waterline so 193 00:15:00,000 --> 00:15:26,560 Part of our developer agreement with the civil authority is to have this water line in place before they can move forward with the further sections. And this will allow us to move our water distribution system efficiently within these water plants. So basically this will allow them to install the water line loop through our CIDC property to have that interconnection. 194 00:15:28,700 --> 00:15:30,060 All right. Any questions for Tara? 195 00:15:30,060 --> 00:15:33,820 All right, if not, I'll entertain a motion for approval. 196 00:15:35,540 --> 00:15:38,960 So second, any further discussion? 197 00:15:40,240 --> 00:15:41,440 All those in favor say aye. 198 00:15:41,900 --> 00:15:42,200 Aye. 199 00:15:42,540 --> 00:15:42,980 Any opposed? 200 00:15:44,020 --> 00:15:45,060 Motion passes. 201 00:15:46,200 --> 00:15:53,720 Next item on the agenda, number seven, approval of the 2025 tax incentive payments in accordance with the incentive agreements. 202 00:15:54,100 --> 00:15:55,980 All those are in our meeting packet. 203 00:15:56,220 --> 00:15:58,240 David, is there anything you'd like to add to those? 204 00:15:58,240 --> 00:16:07,100 These are Texas Tissue, Old Dominion, Fright Line, Starris, and properly documented, and we'd recommend that you're approval. 205 00:16:10,270 --> 00:16:15,330 All right, I'll entertain a motion to approve those incentives for payment. 206 00:16:15,950 --> 00:16:18,030 So move motion, drive a second. 207 00:16:18,290 --> 00:16:18,710 I'll second. 208 00:16:19,190 --> 00:16:20,530 Second, any further discussion? 209 00:16:21,910 --> 00:16:23,210 All those in favor say aye. 210 00:16:23,630 --> 00:16:23,770 Aye. 211 00:16:24,230 --> 00:16:24,650 Any opposed? 212 00:16:25,750 --> 00:16:26,750 Motion passes. 213 00:16:27,510 --> 00:16:33,030 item number 8, discuss and consider to repeal the portion of the tech part for a new city economic 214 00:16:33,030 --> 00:16:38,670 initiative. Open the floor for discussion. All right. There wasn't a staff member that was prepped 215 00:16:38,670 --> 00:16:47,070 to speak on this item. I'm assuming not. The resolution that's in our packet, I believe, was from 216 00:16:47,810 --> 00:16:54,230 January of this year, and essentially it was restricting a portion of the Dyson technology 217 00:16:54,230 --> 00:17:03,350 part for an entertainment venue as my understanding. It is my understanding that we that is no longer 218 00:17:03,350 --> 00:17:08,350 make sure that the land is fully available to put back on the market so that we can market it 219 00:17:08,350 --> 00:17:14,670 and eventually sell it to the right buyer. So that's what we're doing here is we're essentially repealing 220 00:17:16,650 --> 00:17:22,390 this resolution that CIDC issued back in January to more or less unrestrict the property. 221 00:17:22,390 --> 00:17:41,150 My understanding is it's a recommendation to City Council who would then go forward and make it permanent, but that's what we're doing essentially is recommending that this property be unrestricted for a purpose of a public multi-purpose entertainment venue park or destination location. 222 00:17:41,830 --> 00:17:45,950 All right. Yeah, that was my understanding as well as it would ultimately be a city council 223 00:17:47,450 --> 00:17:52,290 decision. I think this is just kind of the proper pathway for us to get there is the recommendation 224 00:17:52,290 --> 00:17:57,570 come from the CIDC board and that's what gets it in front of council. So, we're kind of 225 00:17:58,290 --> 00:18:03,290 unremeaning a bell, so to speak. All right. Is that is that anything that we need to vote? 226 00:18:03,450 --> 00:18:08,270 It's a solution, correct? Making that recommendation to council? Correct. Okay. All right, well, 227 00:18:08,270 --> 00:18:11,810 than I will, is any other discussion in regards to that? 228 00:18:12,150 --> 00:18:12,770 No, I think that's great. 229 00:18:12,870 --> 00:18:14,390 We should definitely get it back on the market 230 00:18:14,390 --> 00:18:17,750 and use it to make some money for the CIDC. 231 00:18:18,150 --> 00:18:20,370 So I will make the motion to repeal 232 00:18:20,370 --> 00:18:24,770 the certificate for resolution passed by the CIDC 233 00:18:24,770 --> 00:18:26,970 on the 8th of January, 2026. 234 00:18:27,670 --> 00:18:28,010 Second. 235 00:18:28,930 --> 00:18:29,770 All right, so I have a motion. 236 00:18:30,030 --> 00:18:31,510 Second, do I have any further discussion? 237 00:18:33,600 --> 00:18:34,940 Hearing none, we'll proceed to vote. 238 00:18:35,140 --> 00:18:36,260 All those in favor say aye. 239 00:18:36,500 --> 00:18:36,880 Aye. 240 00:18:37,340 --> 00:18:37,920 Any opposed? 241 00:18:38,800 --> 00:18:44,700 motion passes. Item number nine on the agenda will enter into closed session deliberations. 242 00:18:45,100 --> 00:18:47,880 Concerning A, private consultation with the CD attorney, 243 00:18:48,240 --> 00:18:55,840 Rosemary Rules of Professional Conduct of the State Bar of Texas, clearly conflicts with this chapter, section 551.071. 244 00:18:56,700 --> 00:19:07,280 And item B, purchase, exchange, or value of real property, intersection 551.072, and item C, personal matters, section 551.074. 245 00:19:07,280 --> 00:19:13,360 or we will stand in recess as we go into executive session at 3.20. 246 00:19:13,960 --> 00:19:14,700 Thank you. 247 00:19:16,640 --> 00:19:21,420 We'll reconvene our meeting here at 4.18 PM. 248 00:19:22,100 --> 00:19:26,180 Go to item number 10, discuss and consider payment of invoices. 249 00:19:26,360 --> 00:19:27,980 I don't believe we have any, is that correct? 250 00:19:28,840 --> 00:19:33,900 All right, after that, I'm under 11, let's turn the meeting. 251 00:19:34,020 --> 00:19:35,200 Anyone opposed to adjourning? 252 00:19:35,200 --> 00:19:40,100 Yeah, let's make the motion so motion second. Thank you