1
00:00:02,320 --> 00:00:08,720
finished.
Our recovery rooms are not finished, but

2
00:00:06,960 --> 00:00:13,440
they're framed in mainly just need some
drywall paint. So, that was one spot

3
00:00:11,280 --> 00:00:19,800
that is unfinished
and we are we have some open walls

4
00:00:15,519 --> 00:00:19,800
waiting for inspection and stuff.

5
00:00:19,920 --> 00:00:23,480
» Did you

6
00:00:25,279 --> 00:00:32,800
when you do you own that entire building
now? the entire building, entire block.

7
00:00:30,880 --> 00:00:35,680
» Okay. Well, I wasn't sure about the
other

8
00:00:33,920 --> 00:00:41,600
» Did you take in part of that or
>> uh purchased the entire like the whole

9
00:00:37,600 --> 00:00:44,800
emporium piece, but uh I'm I will be the
the previous owners are still living

10
00:00:43,280 --> 00:00:49,360
there for the time being while they're
working on moving out and building their

11
00:00:46,800 --> 00:00:53,520
new residence. And I will be moving some
I'll be taking some of it for the gym.

12
00:00:51,440 --> 00:00:58,920
» So, I'll put a Pilates yoga studio in
there in the future.

13
00:00:54,480 --> 00:00:58,920
» That's what I was waiting for.

14
00:01:00,160 --> 00:01:05,199
I thought you were more of a Zumba guy.
[laughter]

15
00:01:03,680 --> 00:01:09,680
» You going to have like a ding-dong
station?

16
00:01:05,920 --> 00:01:13,760
» Oh man. Oh man. I don't know about that.
>> Hydration.

17
00:01:11,280 --> 00:01:19,255
» Food. Bacon. Food truck.
>> Yeah. Use the parking lot. Food truck.

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00:01:16,000 --> 00:01:21,275
» You get more men up there. Smell bacon.
[laughter]

19
00:01:25,360 --> 00:01:33,960
» Yes.
Not all of it. Keep the the res little

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00:01:30,960 --> 00:01:33,960
res.

21
00:01:38,479 --> 00:01:44,159
» It's a phase three. No, it's not part of
it. It'll be additional, but it's like

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00:01:42,560 --> 00:01:48,880
that's the phase three part of it. And
then phase two is these recovery rooms,

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00:01:46,799 --> 00:01:53,399
which uh I believe is part of the
estimates. It should be in there.

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00:01:56,320 --> 00:02:05,719
That no sorry that was the final that's
the final for the even the phase one and

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00:02:02,399 --> 00:02:05,719
phase two

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00:02:06,000 --> 00:02:10,200
but that does not include phase three

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00:02:13,920 --> 00:02:22,560
» n that's the survey not that
>> yes I just I'm sorry that I do own

28
00:02:21,040 --> 00:02:28,440
actually the property underneath the
balcony the

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00:02:24,560 --> 00:02:28,440
But not entire

30
00:02:29,599 --> 00:02:32,760
» pretty much.

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00:02:34,959 --> 00:02:39,440
» It's come a long way from a gas station.
>> It's crazy.

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00:02:37,920 --> 00:02:45,360
» Or a grocery store. It wasn't a gas
station. Like a grocery store

33
00:02:41,920 --> 00:02:48,160
» when I moved here.
>> I've been here a while.

34
00:02:46,080 --> 00:02:52,000
» Hometown food.
>> I've been here a while.

35
00:02:50,560 --> 00:02:57,560
» I have all the old pictures of it back
then when I was

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00:02:53,760 --> 00:02:57,560
It's really cool to see.

37
00:02:58,800 --> 00:03:02,000
» So, you're asking for 50,000. Is that
right?

38
00:03:01,519 --> 00:03:05,000
» Yes.
>> Max

39
00:03:24,080 --> 00:03:27,080
That's

40
00:03:38,159 --> 00:03:46,760
» So you injected basically double of what
it appraises.

41
00:03:43,760 --> 00:03:46,760
» Yeah.

42
00:03:57,519 --> 00:04:05,760
I mean, I think a gym is an asset. I
don't particularly personally go to it.

43
00:04:03,040 --> 00:04:09,360
» The recovery facilities,
>> very good for the community as well.

44
00:04:08,159 --> 00:04:14,080
Heard a lot of good feedback about it.
The red light, red light therapy, sauna

45
00:04:11,599 --> 00:04:18,000
therapy, cold plunge, hot tub therapy.
>> Yeah.

46
00:04:14,959 --> 00:04:21,440
» All that and the Yep. All that. And then
actually super beneficial help red light

47
00:04:19,919 --> 00:04:23,919
therapy and then that won't that that
can be like a outsider experience. You

48
00:04:22,960 --> 00:04:29,199
don't have to be a member of the gym.
You can just put the service separately

49
00:04:27,280 --> 00:04:34,720
» for like our recovery facilities red
light uh sauna plunge.

50
00:04:33,040 --> 00:04:38,560
» Is that not included?
>> It can be but it doesn't have to be.

51
00:04:36,720 --> 00:04:42,040
It'll it could be a membership add-on.
Uh otherwise

52
00:04:42,880 --> 00:04:54,400
» so 12 month is $50. Uh six month month
and that's just the main weight room

53
00:04:52,320 --> 00:05:01,880
facility access not like recovery room I
don't have prices on that

54
00:04:57,600 --> 00:05:01,880
» recovery is not included in that price

55
00:05:02,400 --> 00:05:05,639
» not yet

56
00:05:06,720 --> 00:05:14,560
» not sure I don't know I'm thinking like
my day like a one session pass would be

57
00:05:12,639 --> 00:05:19,360
like $15 if you're not if you're just
coming for one session so

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00:05:17,440 --> 00:05:23,199
on the recovery. It's a 45 minute
session and you can do it all of it. You

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00:05:21,440 --> 00:05:27,120
can do sauna, red light,
>> cold lunch, and shower in there.

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00:05:25,600 --> 00:05:30,160
» You may you may have people that just
want to do that.

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00:05:28,400 --> 00:05:33,840
» You know, just like the sauna and
>> I do the cold.

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00:05:31,280 --> 00:05:36,720
» Yeah.
>> And it might have its own separate

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00:05:35,199 --> 00:05:39,680
membership as well for if you only want
a membership for recovery.

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00:05:38,400 --> 00:05:43,280
» How about the massage?
>> Massage. So the massage therapist, I'm

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00:05:42,080 --> 00:05:48,160
currently working on getting her back in
there. Um that was that one of those is

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00:05:46,800 --> 00:05:51,680
back by the recovery rooms and that's
unfinished still. So, we have to finish

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00:05:49,919 --> 00:05:55,759
that and then hopefully Gail, the
previous massage therapist, she'll be

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00:05:53,520 --> 00:05:58,759
back in there and offer her same
services.

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00:06:01,280 --> 00:06:08,560
» As of now, still directly with her and
she will pay me rent for and then she's

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00:06:05,600 --> 00:06:11,560
gonna do her massage all on her own
business.

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00:06:13,440 --> 00:06:18,160
» Any more questions?
want. Is there something else you want

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00:06:17,039 --> 00:06:22,720
to say? I'm sorry. I didn't mean to cut
you off.

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00:06:21,199 --> 00:06:28,319
» I'm I'm good with it.
>> Yeah. I mean, it's I'm good with it. I

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00:06:25,440 --> 00:06:33,440
mean, you were able to, you know, make
it better and inject 400 out of your own

75
00:06:31,199 --> 00:06:37,199
pocket and stuff. So, I think it's a
good asset for Mount Vernon. Personally,

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00:06:35,520 --> 00:06:41,360
I have kids that, you know, would
benefit from it.

77
00:06:39,680 --> 00:06:49,160
» So many people have told me that they
they go other places. They go to Silver

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00:06:43,919 --> 00:06:49,160
Springs, all these other towns just

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00:06:49,199 --> 00:06:53,319
a lot of them are coming back right now.

80
00:07:02,560 --> 00:07:07,120
All in favor?
>> Any opposed?

81
00:07:06,240 --> 00:07:09,280
» Okay,
>> thank you very much.

82
00:07:08,240 --> 00:07:13,319
» Thank you.
>> So, this will be a recommendation.

83
00:07:26,080 --> 00:07:34,319
You did a great job.
>> It's a little awkward and we don't talk.

84
00:07:31,759 --> 00:07:39,240
» Yeah,
>> we should just call it the staring

85
00:07:36,240 --> 00:07:39,240
session.

86
00:07:42,435 --> 00:07:44,455
[laughter]

87
00:07:49,440 --> 00:07:54,879
» You can tell what's import
massage on us.

88
00:07:53,520 --> 00:07:57,879
» We didn't ask about what kind of
workouts

89
00:08:01,360 --> 00:08:07,160
the old keys.
>> Are those not working?

90
00:08:11,759 --> 00:08:15,240
» I heard from

91
00:08:23,199 --> 00:08:29,840
figure it out. So, what is the uh
like

92
00:08:28,960 --> 00:08:33,440
tomorrow?
>> Are you a member? I am. You are.

93
00:08:33,599 --> 00:08:38,200
I posted on social a little bit

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00:08:48,959 --> 00:08:51,959
password

95
00:08:57,680 --> 00:09:02,120
and you'll also have mobile access.

96
00:09:03,040 --> 00:09:08,680
» How does that work?
You cance

97
00:09:15,200 --> 00:09:18,279
your phone.

98
00:09:26,720 --> 00:09:32,440
» This is a great job.
>> Super impressed.

99
00:09:40,080 --> 00:09:44,519
I saw the pictures today and I was

100
00:09:44,640 --> 00:09:47,640
glad

101
00:09:53,436 --> 00:09:58,160
[laughter]
>> I meant to ask

102
00:09:56,240 --> 00:10:03,519
» I meant to ask him if it was wheelchair
access [laughter]

103
00:10:00,399 --> 00:10:03,519
» or walker accessible.

104
00:10:05,120 --> 00:10:10,680
The door used to not be as wide for a
wheelchair. I thought maybe

105
00:10:12,399 --> 00:10:15,560
you know

106
00:10:21,040 --> 00:10:28,160
» Okay. So, we will move on
>> to the board member reports and

107
00:10:26,640 --> 00:10:32,560
discussion.
I've got a few reports to bring you all

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00:10:30,560 --> 00:10:37,279
speed on. First of all, the budget I
just received from our finance director

109
00:10:35,360 --> 00:10:41,360
budget draft
today and going through it. I'll go

110
00:10:39,440 --> 00:10:44,920
through the morning. Really, there was
nothing that changed

111
00:10:45,120 --> 00:10:55,519
the same way we did last year. I'll be
sending that out to you. We've had a

112
00:10:51,279 --> 00:11:00,720
chance to look at all comments on that.
The next thing

113
00:10:58,320 --> 00:11:05,959
y'all have seen some dirt on Brook
Street

114
00:11:02,320 --> 00:11:05,959
moved over there

115
00:11:06,480 --> 00:11:11,480
64 and travel

116
00:11:13,279 --> 00:11:23,839
with Joe and Rammy and then I met with
Rammy and Mark and I met with Rammy last

117
00:11:20,800 --> 00:11:28,480
week regarding incentives for that
project.

118
00:11:25,760 --> 00:11:36,160
We're getting some more information, but
basically he's they're asking for um any

119
00:11:33,279 --> 00:11:41,760
kind of assistance that we can get,
you know, primarily in the area of

120
00:11:38,640 --> 00:11:52,320
property tax rebates and possible sales
tax rebates, which would indirectly hit

121
00:11:47,519 --> 00:11:58,760
usirectly both of us. Um um I'm working
with Stan on that.

122
00:11:54,959 --> 00:11:58,760
property tax rewasa

123
00:12:23,040 --> 00:12:26,959
drive
on that strip property over there. That

124
00:12:26,399 --> 00:12:30,959
would be
>> where the trucks used to enter.

125
00:12:28,560 --> 00:12:36,000
» Yeah, that would be$1.7 million
investment over there

126
00:12:32,720 --> 00:12:45,880
» and they want to anchor that with some
retail possibly another restaurant. So,

127
00:12:42,000 --> 00:12:45,880
» and they're going to have a restaurant.

128
00:12:46,880 --> 00:12:54,600
Yes, that is craft and that is a proven
concept that they have in

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00:12:55,519 --> 00:13:02,720
it's a kind of a it's a very
familyfriendly family oriented sports

130
00:13:00,000 --> 00:13:07,440
bar
and it's the food is excellent. The food

131
00:13:05,279 --> 00:13:14,240
is really good. They have live music.
They it's a cool place to go with your

132
00:13:10,880 --> 00:13:17,240
family and watch the Cowboys or whoever
and

133
00:13:17,600 --> 00:13:26,240
that that'll be pretty much an anchor to
that that area. Um they're still looking

134
00:13:23,760 --> 00:13:30,880
at part of that property and future
development into some type of hotel. I

135
00:13:29,440 --> 00:13:36,560
think that's probably three or four,
five years off for them.

136
00:13:34,800 --> 00:13:44,720
The
on the incentive side, it will probably

137
00:13:39,839 --> 00:13:48,160
be broken down property tax level of
you know the first

138
00:13:46,240 --> 00:13:55,120
And I'm throwing these numbers out. are
not solid. They're like 75% the first

139
00:13:51,040 --> 00:13:59,240
year, 50% the next year,
25% the next year.

140
00:14:06,000 --> 00:14:12,639
For instance, they would pay their
property taxes and within six months the

141
00:14:09,680 --> 00:14:15,639
city would
tax

142
00:14:16,000 --> 00:14:26,040
the following year.
25% or it may be spread over instead of

143
00:14:21,839 --> 00:14:26,040
three years maybe spread over

144
00:14:26,320 --> 00:14:34,560
that's to be determined and that's a
council decision fully on the

145
00:14:32,399 --> 00:14:39,519
sales tax rebate that'll be kind of a
joint decision between this board and

146
00:14:36,800 --> 00:14:45,440
the council uh I wouldn't recommend that
we only do sales tax rebate one year and

147
00:14:42,880 --> 00:14:47,760
I would recommend that it's no more than
50%

148
00:14:49,120 --> 00:14:52,839
We don't want to get into

149
00:14:53,839 --> 00:15:06,160
like a year or three year sales tax.
That's going to be a sales tax

150
00:15:00,959 --> 00:15:11,920
generator. Huge way. And so we're also
we're also looking at possibly giving

151
00:15:08,160 --> 00:15:17,360
them a 30% discount on
water and sewer taps. just the actual

152
00:15:14,320 --> 00:15:21,760
tap, not not the service but just the
actual tab which can be depending on the

153
00:15:20,000 --> 00:15:28,000
size of the meter can be decidable
amount of money. And then uh the other

154
00:15:25,199 --> 00:15:34,079
thing that they have asked for
is maybe consideration from the EDC on

155
00:15:31,279 --> 00:15:39,240
maybe helping with some signage
something like that. I didn't quote him

156
00:15:36,240 --> 00:15:39,240
any

157
00:15:40,720 --> 00:15:48,240
like a nice monument sign and we can
help them on that. That would be great.

158
00:15:46,560 --> 00:15:53,800
They've also asked me to speak to the
county regarding

159
00:15:50,320 --> 00:15:53,800
property tax.

160
00:16:05,360 --> 00:16:09,000
This is their

161
00:16:14,880 --> 00:16:23,279
council.
county. I don't know the county.

162
00:16:20,320 --> 00:16:29,040
This will all be done in what they call
380 agreement, economic development

163
00:16:25,759 --> 00:16:33,040
agreement. There will be timelines. It's
not money.

164
00:16:31,279 --> 00:16:36,360
There'll be timelines. You have to meet
these timelines.

165
00:16:38,160 --> 00:16:46,120
Certificate of occupancy time so
that

166
00:16:50,560 --> 00:16:55,800
We're not talking about they pay it and
then we

167
00:16:57,839 --> 00:17:01,720
that way we're protected

168
00:17:02,240 --> 00:17:09,799
also on these
fulfill

169
00:17:06,480 --> 00:17:09,799
out of business.

170
00:17:15,520 --> 00:17:25,160
So, we've got that going on.
Just a brief update on the world of

171
00:17:22,160 --> 00:17:25,160
lithium.

172
00:17:26,160 --> 00:17:37,520
Not a whole lot of change there. I spoke
with Dan and Bruce with

173
00:17:34,400 --> 00:17:43,679
weeks ago. They state that they're still
on track for drilling before the end of

174
00:17:40,640 --> 00:17:51,760
the year.
Um they're um they told me that they're

175
00:17:48,240 --> 00:17:56,600
pretty close to finalizing their first
250 million investment.

176
00:17:57,760 --> 00:18:08,360
They seem to be as they always do. I'm
at a point where I see

177
00:18:05,200 --> 00:18:08,360
out there.

178
00:18:10,559 --> 00:18:17,840
» They have not closed on the property.
They have not closed on the

179
00:18:15,280 --> 00:18:17,840
still under

180
00:18:18,080 --> 00:18:23,160
So I talk to every

181
00:18:34,400 --> 00:18:42,400
city
and they've got all that

182
00:18:40,160 --> 00:18:47,120
to it.
So that's where we are on that.

183
00:18:47,200 --> 00:18:56,320
We had a video conference with the mayor
and

184
00:18:53,039 --> 00:18:59,760
two weeks ago and I gave him the
opportunity to ask any questions. He's

185
00:18:58,240 --> 00:19:05,880
been brought up to speed on that. I
thought that

186
00:19:02,559 --> 00:19:05,880
last week

187
00:19:10,240 --> 00:19:13,720
they are

188
00:19:14,720 --> 00:19:22,039
probably moving a little more rapidly
in some areas.

189
00:19:24,080 --> 00:19:30,679
They're trying to get the right now.
They're trying to get the donut holes

190
00:19:27,600 --> 00:19:30,679
and all

191
00:19:33,600 --> 00:19:44,480
he told me
that they will u they will build an

192
00:19:40,799 --> 00:19:50,720
extraction plant somewhere along the I3
between

193
00:19:46,080 --> 00:19:58,559
Mount Pleasant and Hopkins County
and

194
00:19:53,039 --> 00:20:04,880
he has not specified the location but
he's asked if I knew

195
00:20:01,600 --> 00:20:14,160
so you know a couple of had the
opportunity to share property that

196
00:20:08,799 --> 00:20:14,160
you know told me about and property

197
00:20:17,003 --> 00:20:23,200
» [laughter]
>> He's aware of that plus some other sides

198
00:20:20,880 --> 00:20:29,960
along
I I really don't think that we will see

199
00:20:26,400 --> 00:20:29,960
them build anything

200
00:20:30,320 --> 00:20:39,360
and understandably because it is
there's a lot's

201
00:20:36,880 --> 00:20:45,320
now I do know that they are publicly
traded company and that they have money

202
00:20:41,360 --> 00:20:45,320
because are moving forward.

203
00:20:51,840 --> 00:20:57,760
They haven't built
>> at any location.

204
00:20:56,159 --> 00:21:00,760
» They've built a lot of different things,
but

205
00:21:01,440 --> 00:21:05,799
» they built a lot of things. They've done

206
00:21:19,760 --> 00:21:23,159
There's a brown

207
00:21:32,960 --> 00:21:38,679
also said that they've already contacted
some folks for

208
00:21:40,240 --> 00:21:43,240
already.

209
00:21:45,280 --> 00:21:51,400
That's kind of where we are.
I wish it go

210
00:22:09,919 --> 00:22:12,919
Trag

211
00:22:25,360 --> 00:22:28,360
Trages

212
00:22:40,960 --> 00:22:44,919
trades on future revenue.

213
00:23:00,400 --> 00:23:04,919
I couldn't get people to pay for their
teeth.

214
00:23:08,559 --> 00:23:12,840
There's talk of future

215
00:23:12,960 --> 00:23:15,960
families.

216
00:23:37,600 --> 00:23:41,320
That was scary too.

217
00:24:07,360 --> 00:24:12,200
So that's not where we're at.

218
00:24:30,400 --> 00:24:34,600
Kyle recently

219
00:24:39,840 --> 00:24:43,480
as far as I know.

220
00:24:58,400 --> 00:25:01,880
I think it's always

221
00:25:02,559 --> 00:25:05,559
time.

222
00:25:21,600 --> 00:25:25,320
There is something.

223
00:25:40,799 --> 00:25:46,039
So
goes through

224
00:25:49,760 --> 00:25:52,760
already

225
00:25:53,600 --> 00:25:56,080
two different

226
00:25:57,279 --> 00:26:00,279
Texas

227
00:26:05,760 --> 00:26:12,120
personally and
great business.

228
00:26:14,400 --> 00:26:21,400
So they will do that. So
they have a great

229
00:26:25,120 --> 00:26:28,679
They may be here.

230
00:26:58,400 --> 00:27:04,279
I saw a Facebook post that I saw.

231
00:27:05,760 --> 00:27:08,919
» It wasn't

232
00:27:35,279 --> 00:27:39,240
The building next to it

233
00:27:45,200 --> 00:27:48,760
last time we talked

234
00:27:50,240 --> 00:27:53,240
about

235
00:27:53,440 --> 00:27:55,840
two acres.

236
00:27:56,000 --> 00:27:59,159
They have

237
00:28:09,679 --> 00:28:13,480
also be a great location.

238
00:28:34,640 --> 00:28:38,039
previous meeting.

239
00:28:48,080 --> 00:28:51,480
Yeah, that's

240
00:28:56,720 --> 00:28:59,720
something

241
00:29:03,120 --> 00:29:06,120
attorney.

242
00:29:06,640 --> 00:29:10,520
He wants to be here too

243
00:29:16,720 --> 00:29:25,399
representatives from this council from
that industrial foundation. I think

244
00:29:21,840 --> 00:29:25,399
growing council

245
00:29:26,960 --> 00:29:29,960
found.

246
00:29:34,480 --> 00:29:41,080
They all agree, but they all
find out

247
00:29:41,360 --> 00:29:44,919
what works

248
00:29:49,919 --> 00:29:57,880
around.
>> Well, I think They want to be I think

249
00:29:53,679 --> 00:29:57,880
everybody also wants to be

250
00:30:05,279 --> 00:30:13,039
and Stan wants to be here because
they

251
00:30:10,799 --> 00:30:20,000
will be doing
the public improvement district

252
00:30:16,240 --> 00:30:23,000
which is the financing vehicle for the
infrastructure.

253
00:30:25,279 --> 00:30:36,480
And that is basically a
special taxing district that's related

254
00:30:32,559 --> 00:30:41,679
specifically to that area geographic
area you want to build there.

255
00:30:40,240 --> 00:30:50,559
You will have your regular property
taxes and then there will be another tax

256
00:30:45,120 --> 00:30:56,399
on top of that which will go service for
infrastructure.

257
00:30:53,520 --> 00:31:00,120
Nobody else in the city.
You have a house there.

258
00:31:22,799 --> 00:31:33,360
But to benefit you have streets, street
lights, all sorts of nice parks, all

259
00:31:30,399 --> 00:31:36,360
sorts of features that you're not
findally

260
00:31:40,559 --> 00:31:45,559
That's mainly how most cities are
financing.

261
00:31:57,120 --> 00:32:00,120
Anything

262
00:32:10,159 --> 00:32:13,640
else to discuss?

263
00:32:17,279 --> 00:32:27,840
» Make a motion to second.
>> So meeting adjourned at 6:42.

264
00:32:25,519 --> 00:32:31,159
» Thank you.
I'm tell