finished. Our recovery rooms are not finished, but
they're framed in mainly just need some drywall paint. So, that was one spot
that is unfinished and we are we have some open walls
waiting for inspection and stuff.
» Did you
when you do you own that entire building now? the entire building, entire block.
» Okay. Well, I wasn't sure about the other
» Did you take in part of that or >> uh purchased the entire like the whole
emporium piece, but uh I'm I will be the the previous owners are still living
there for the time being while they're working on moving out and building their
new residence. And I will be moving some I'll be taking some of it for the gym.
» So, I'll put a Pilates yoga studio in there in the future.
» That's what I was waiting for.
I thought you were more of a Zumba guy. [laughter]
» You going to have like a ding-dong station?
» Oh man. Oh man. I don't know about that. >> Hydration.
» Food. Bacon. Food truck. >> Yeah. Use the parking lot. Food truck.
» You get more men up there. Smell bacon. [laughter]
» Yes. Not all of it. Keep the the res little
res.
» It's a phase three. No, it's not part of it. It'll be additional, but it's like
that's the phase three part of it. And then phase two is these recovery rooms,
which uh I believe is part of the estimates. It should be in there.
That no sorry that was the final that's the final for the even the phase one and
phase two
but that does not include phase three
» n that's the survey not that >> yes I just I'm sorry that I do own
actually the property underneath the balcony the
But not entire
» pretty much.
» It's come a long way from a gas station. >> It's crazy.
» Or a grocery store. It wasn't a gas station. Like a grocery store
» when I moved here. >> I've been here a while.
» Hometown food. >> I've been here a while.
» I have all the old pictures of it back then when I was
It's really cool to see.
» So, you're asking for 50,000. Is that right?
» Yes. >> Max
That's
» So you injected basically double of what it appraises.
» Yeah.
I mean, I think a gym is an asset. I don't particularly personally go to it.
» The recovery facilities, >> very good for the community as well.
Heard a lot of good feedback about it. The red light, red light therapy, sauna
therapy, cold plunge, hot tub therapy. >> Yeah.
» All that and the Yep. All that. And then actually super beneficial help red light
therapy and then that won't that that can be like a outsider experience. You
don't have to be a member of the gym. You can just put the service separately
» for like our recovery facilities red light uh sauna plunge.
» Is that not included? >> It can be but it doesn't have to be.
It'll it could be a membership add-on. Uh otherwise
» so 12 month is $50. Uh six month month and that's just the main weight room
facility access not like recovery room I don't have prices on that
» recovery is not included in that price
» not yet
» not sure I don't know I'm thinking like my day like a one session pass would be
like $15 if you're not if you're just coming for one session so
on the recovery. It's a 45 minute session and you can do it all of it. You
can do sauna, red light, >> cold lunch, and shower in there.
» You may you may have people that just want to do that.
» You know, just like the sauna and >> I do the cold.
» Yeah. >> And it might have its own separate
membership as well for if you only want a membership for recovery.
» How about the massage? >> Massage. So the massage therapist, I'm
currently working on getting her back in there. Um that was that one of those is
back by the recovery rooms and that's unfinished still. So, we have to finish
that and then hopefully Gail, the previous massage therapist, she'll be
back in there and offer her same services.
» As of now, still directly with her and she will pay me rent for and then she's
gonna do her massage all on her own business.
» Any more questions? want. Is there something else you want
to say? I'm sorry. I didn't mean to cut you off.
» I'm I'm good with it. >> Yeah. I mean, it's I'm good with it. I
mean, you were able to, you know, make it better and inject 400 out of your own
pocket and stuff. So, I think it's a good asset for Mount Vernon. Personally,
I have kids that, you know, would benefit from it.
» So many people have told me that they they go other places. They go to Silver
Springs, all these other towns just
a lot of them are coming back right now.
All in favor? >> Any opposed?
» Okay, >> thank you very much.
» Thank you. >> So, this will be a recommendation.
You did a great job. >> It's a little awkward and we don't talk.
» Yeah, >> we should just call it the staring
session.
[laughter]
» You can tell what's import massage on us.
» We didn't ask about what kind of workouts
the old keys. >> Are those not working?
» I heard from
figure it out. So, what is the uh like
tomorrow? >> Are you a member? I am. You are.
I posted on social a little bit
password
and you'll also have mobile access.
» How does that work? You cance
your phone.
» This is a great job. >> Super impressed.
I saw the pictures today and I was
glad
[laughter] >> I meant to ask
» I meant to ask him if it was wheelchair access [laughter]
» or walker accessible.
The door used to not be as wide for a wheelchair. I thought maybe
you know
» Okay. So, we will move on >> to the board member reports and
discussion. I've got a few reports to bring you all
speed on. First of all, the budget I just received from our finance director
budget draft today and going through it. I'll go
through the morning. Really, there was nothing that changed
the same way we did last year. I'll be sending that out to you. We've had a
chance to look at all comments on that. The next thing
y'all have seen some dirt on Brook Street
moved over there
64 and travel
with Joe and Rammy and then I met with Rammy and Mark and I met with Rammy last
week regarding incentives for that project.
We're getting some more information, but basically he's they're asking for um any
kind of assistance that we can get, you know, primarily in the area of
property tax rebates and possible sales tax rebates, which would indirectly hit
usirectly both of us. Um um I'm working with Stan on that.
property tax rewasa
drive on that strip property over there. That
would be >> where the trucks used to enter.
» Yeah, that would be$1.7 million investment over there
» and they want to anchor that with some retail possibly another restaurant. So,
» and they're going to have a restaurant.
Yes, that is craft and that is a proven concept that they have in
it's a kind of a it's a very familyfriendly family oriented sports
bar and it's the food is excellent. The food
is really good. They have live music. They it's a cool place to go with your
family and watch the Cowboys or whoever and
that that'll be pretty much an anchor to that that area. Um they're still looking
at part of that property and future development into some type of hotel. I
think that's probably three or four, five years off for them.
The on the incentive side, it will probably
be broken down property tax level of you know the first
And I'm throwing these numbers out. are not solid. They're like 75% the first
year, 50% the next year, 25% the next year.
For instance, they would pay their property taxes and within six months the
city would tax
the following year. 25% or it may be spread over instead of
three years maybe spread over
that's to be determined and that's a council decision fully on the
sales tax rebate that'll be kind of a joint decision between this board and
the council uh I wouldn't recommend that we only do sales tax rebate one year and
I would recommend that it's no more than 50%
We don't want to get into
like a year or three year sales tax. That's going to be a sales tax
generator. Huge way. And so we're also we're also looking at possibly giving
them a 30% discount on water and sewer taps. just the actual
tap, not not the service but just the actual tab which can be depending on the
size of the meter can be decidable amount of money. And then uh the other
thing that they have asked for is maybe consideration from the EDC on
maybe helping with some signage something like that. I didn't quote him
any
like a nice monument sign and we can help them on that. That would be great.
They've also asked me to speak to the county regarding
property tax.
This is their
council. county. I don't know the county.
This will all be done in what they call 380 agreement, economic development
agreement. There will be timelines. It's not money.
There'll be timelines. You have to meet these timelines.
Certificate of occupancy time so that
We're not talking about they pay it and then we
that way we're protected
also on these fulfill
out of business.
So, we've got that going on. Just a brief update on the world of
lithium.
Not a whole lot of change there. I spoke with Dan and Bruce with
weeks ago. They state that they're still on track for drilling before the end of
the year. Um they're um they told me that they're
pretty close to finalizing their first 250 million investment.
They seem to be as they always do. I'm at a point where I see
out there.
» They have not closed on the property. They have not closed on the
still under
So I talk to every
city and they've got all that
to it. So that's where we are on that.
We had a video conference with the mayor and
two weeks ago and I gave him the opportunity to ask any questions. He's
been brought up to speed on that. I thought that
last week
they are
probably moving a little more rapidly in some areas.
They're trying to get the right now. They're trying to get the donut holes
and all
he told me that they will u they will build an
extraction plant somewhere along the I3 between
Mount Pleasant and Hopkins County and
he has not specified the location but he's asked if I knew
so you know a couple of had the opportunity to share property that
you know told me about and property
» [laughter] >> He's aware of that plus some other sides
along I I really don't think that we will see
them build anything
and understandably because it is there's a lot's
now I do know that they are publicly traded company and that they have money
because are moving forward.
They haven't built >> at any location.
» They've built a lot of different things, but
» they built a lot of things. They've done
There's a brown
also said that they've already contacted some folks for
already.
That's kind of where we are. I wish it go
Trag
Trages
trades on future revenue.
I couldn't get people to pay for their teeth.
There's talk of future
families.
That was scary too.
So that's not where we're at.
Kyle recently
as far as I know.
I think it's always
time.
There is something.
So goes through
already
two different
Texas
personally and great business.
So they will do that. So they have a great
They may be here.
I saw a Facebook post that I saw.
» It wasn't
The building next to it
last time we talked
about
two acres.
They have
also be a great location.
previous meeting.
Yeah, that's
something
attorney.
He wants to be here too
representatives from this council from that industrial foundation. I think
growing council
found.
They all agree, but they all find out
what works
around. >> Well, I think They want to be I think
everybody also wants to be
and Stan wants to be here because they
will be doing the public improvement district
which is the financing vehicle for the infrastructure.
And that is basically a special taxing district that's related
specifically to that area geographic area you want to build there.
You will have your regular property taxes and then there will be another tax
on top of that which will go service for infrastructure.
Nobody else in the city. You have a house there.
But to benefit you have streets, street lights, all sorts of nice parks, all
sorts of features that you're not findally
That's mainly how most cities are financing.
Anything
else to discuss?
» Make a motion to second. >> So meeting adjourned at 6:42.
» Thank you. I'm tell