[0:02] finished.
Our recovery rooms are not finished, but
[0:06] they're framed in mainly just need some
drywall paint. So, that was one spot
[0:11] that is unfinished
and we are we have some open walls
[0:15] waiting for inspection and stuff.
[0:19] » Did you
[0:25] when you do you own that entire building
now? the entire building, entire block.
[0:30] » Okay. Well, I wasn't sure about the
other
[0:33] » Did you take in part of that or
>> uh purchased the entire like the whole
[0:37] emporium piece, but uh I'm I will be the
the previous owners are still living
[0:43] there for the time being while they're
working on moving out and building their
[0:46] new residence. And I will be moving some
I'll be taking some of it for the gym.
[0:51] » So, I'll put a Pilates yoga studio in
there in the future.
[0:54] » That's what I was waiting for.
[1:00] I thought you were more of a Zumba guy.
[laughter]
[1:03] » You going to have like a ding-dong
station?
[1:05] » Oh man. Oh man. I don't know about that.
>> Hydration.
[1:11] » Food. Bacon. Food truck.
>> Yeah. Use the parking lot. Food truck.
[1:16] » You get more men up there. Smell bacon.
[laughter]
[1:25] » Yes.
Not all of it. Keep the the res little
[1:30] res.
[1:38] » It's a phase three. No, it's not part of
it. It'll be additional, but it's like
[1:42] that's the phase three part of it. And
then phase two is these recovery rooms,
[1:46] which uh I believe is part of the
estimates. It should be in there.
[1:56] That no sorry that was the final that's
the final for the even the phase one and
[2:02] phase two
[2:06] but that does not include phase three
[2:13] » n that's the survey not that
>> yes I just I'm sorry that I do own
[2:21] actually the property underneath the
balcony the
[2:24] But not entire
[2:29] » pretty much.
[2:34] » It's come a long way from a gas station.
>> It's crazy.
[2:37] » Or a grocery store. It wasn't a gas
station. Like a grocery store
[2:41] » when I moved here.
>> I've been here a while.
[2:46] » Hometown food.
>> I've been here a while.
[2:50] » I have all the old pictures of it back
then when I was
[2:53] It's really cool to see.
[2:58] » So, you're asking for 50,000. Is that
right?
[3:01] » Yes.
>> Max
[3:24] That's
[3:38] » So you injected basically double of what
it appraises.
[3:43] » Yeah.
[3:57] I mean, I think a gym is an asset. I
don't particularly personally go to it.
[4:03] » The recovery facilities,
>> very good for the community as well.
[4:08] Heard a lot of good feedback about it.
The red light, red light therapy, sauna
[4:11] therapy, cold plunge, hot tub therapy.
>> Yeah.
[4:14] » All that and the Yep. All that. And then
actually super beneficial help red light
[4:19] therapy and then that won't that that
can be like a outsider experience. You
[4:22] don't have to be a member of the gym.
You can just put the service separately
[4:27] » for like our recovery facilities red
light uh sauna plunge.
[4:33] » Is that not included?
>> It can be but it doesn't have to be.
[4:36] It'll it could be a membership add-on.
Uh otherwise
[4:42] » so 12 month is $50. Uh six month month
and that's just the main weight room
[4:52] facility access not like recovery room I
don't have prices on that
[4:57] » recovery is not included in that price
[5:02] » not yet
[5:06] » not sure I don't know I'm thinking like
my day like a one session pass would be
[5:12] like $15 if you're not if you're just
coming for one session so
[5:17] on the recovery. It's a 45 minute
session and you can do it all of it. You
[5:21] can do sauna, red light,
>> cold lunch, and shower in there.
[5:25] » You may you may have people that just
want to do that.
[5:28] » You know, just like the sauna and
>> I do the cold.
[5:31] » Yeah.
>> And it might have its own separate
[5:35] membership as well for if you only want
a membership for recovery.
[5:38] » How about the massage?
>> Massage. So the massage therapist, I'm
[5:42] currently working on getting her back in
there. Um that was that one of those is
[5:46] back by the recovery rooms and that's
unfinished still. So, we have to finish
[5:49] that and then hopefully Gail, the
previous massage therapist, she'll be
[5:53] back in there and offer her same
services.
[6:01] » As of now, still directly with her and
she will pay me rent for and then she's
[6:05] gonna do her massage all on her own
business.
[6:13] » Any more questions?
want. Is there something else you want
[6:17] to say? I'm sorry. I didn't mean to cut
you off.
[6:21] » I'm I'm good with it.
>> Yeah. I mean, it's I'm good with it. I
[6:25] mean, you were able to, you know, make
it better and inject 400 out of your own
[6:31] pocket and stuff. So, I think it's a
good asset for Mount Vernon. Personally,
[6:35] I have kids that, you know, would
benefit from it.
[6:39] » So many people have told me that they
they go other places. They go to Silver
[6:43] Springs, all these other towns just
[6:49] a lot of them are coming back right now.
[7:02] All in favor?
>> Any opposed?
[7:06] » Okay,
>> thank you very much.
[7:08] » Thank you.
>> So, this will be a recommendation.
[7:26] You did a great job.
>> It's a little awkward and we don't talk.
[7:31] » Yeah,
>> we should just call it the staring
[7:36] session.
[7:42] [laughter]
[7:49] » You can tell what's import
massage on us.
[7:53] » We didn't ask about what kind of
workouts
[8:01] the old keys.
>> Are those not working?
[8:11] » I heard from
[8:23] figure it out. So, what is the uh
like
[8:28] tomorrow?
>> Are you a member? I am. You are.
[8:33] I posted on social a little bit
[8:48] password
[8:57] and you'll also have mobile access.
[9:03] » How does that work?
You cance
[9:15] your phone.
[9:26] » This is a great job.
>> Super impressed.
[9:40] I saw the pictures today and I was
[9:44] glad
[9:53] [laughter]
>> I meant to ask
[9:56] » I meant to ask him if it was wheelchair
access [laughter]
[10:00] » or walker accessible.
[10:05] The door used to not be as wide for a
wheelchair. I thought maybe
[10:12] you know
[10:21] » Okay. So, we will move on
>> to the board member reports and
[10:26] discussion.
I've got a few reports to bring you all
[10:30] speed on. First of all, the budget I
just received from our finance director
[10:35] budget draft
today and going through it. I'll go
[10:39] through the morning. Really, there was
nothing that changed
[10:45] the same way we did last year. I'll be
sending that out to you. We've had a
[10:51] chance to look at all comments on that.
The next thing
[10:58] y'all have seen some dirt on Brook
Street
[11:02] moved over there
[11:06] 64 and travel
[11:13] with Joe and Rammy and then I met with
Rammy and Mark and I met with Rammy last
[11:20] week regarding incentives for that
project.
[11:25] We're getting some more information, but
basically he's they're asking for um any
[11:33] kind of assistance that we can get,
you know, primarily in the area of
[11:38] property tax rebates and possible sales
tax rebates, which would indirectly hit
[11:47] usirectly both of us. Um um I'm working
with Stan on that.
[11:54] property tax rewasa
[12:23] drive
on that strip property over there. That
[12:26] would be
>> where the trucks used to enter.
[12:28] » Yeah, that would be$1.7 million
investment over there
[12:32] » and they want to anchor that with some
retail possibly another restaurant. So,
[12:42] » and they're going to have a restaurant.
[12:46] Yes, that is craft and that is a proven
concept that they have in
[12:55] it's a kind of a it's a very
familyfriendly family oriented sports
[13:00] bar
and it's the food is excellent. The food
[13:05] is really good. They have live music.
They it's a cool place to go with your
[13:10] family and watch the Cowboys or whoever
and
[13:17] that that'll be pretty much an anchor to
that that area. Um they're still looking
[13:23] at part of that property and future
development into some type of hotel. I
[13:29] think that's probably three or four,
five years off for them.
[13:34] The
on the incentive side, it will probably
[13:39] be broken down property tax level of
you know the first
[13:46] And I'm throwing these numbers out. are
not solid. They're like 75% the first
[13:51] year, 50% the next year,
25% the next year.
[14:06] For instance, they would pay their
property taxes and within six months the
[14:09] city would
tax
[14:16] the following year.
25% or it may be spread over instead of
[14:21] three years maybe spread over
[14:26] that's to be determined and that's a
council decision fully on the
[14:32] sales tax rebate that'll be kind of a
joint decision between this board and
[14:36] the council uh I wouldn't recommend that
we only do sales tax rebate one year and
[14:42] I would recommend that it's no more than
50%
[14:49] We don't want to get into
[14:53] like a year or three year sales tax.
That's going to be a sales tax
[15:00] generator. Huge way. And so we're also
we're also looking at possibly giving
[15:08] them a 30% discount on
water and sewer taps. just the actual
[15:14] tap, not not the service but just the
actual tab which can be depending on the
[15:20] size of the meter can be decidable
amount of money. And then uh the other
[15:25] thing that they have asked for
is maybe consideration from the EDC on
[15:31] maybe helping with some signage
something like that. I didn't quote him
[15:36] any
[15:40] like a nice monument sign and we can
help them on that. That would be great.
[15:46] They've also asked me to speak to the
county regarding
[15:50] property tax.
[16:05] This is their
[16:14] council.
county. I don't know the county.
[16:20] This will all be done in what they call
380 agreement, economic development
[16:25] agreement. There will be timelines. It's
not money.
[16:31] There'll be timelines. You have to meet
these timelines.
[16:38] Certificate of occupancy time so
that
[16:50] We're not talking about they pay it and
then we
[16:57] that way we're protected
[17:02] also on these
fulfill
[17:06] out of business.
[17:15] So, we've got that going on.
Just a brief update on the world of
[17:22] lithium.
[17:26] Not a whole lot of change there. I spoke
with Dan and Bruce with
[17:34] weeks ago. They state that they're still
on track for drilling before the end of
[17:40] the year.
Um they're um they told me that they're
[17:48] pretty close to finalizing their first
250 million investment.
[17:57] They seem to be as they always do. I'm
at a point where I see
[18:05] out there.
[18:10] » They have not closed on the property.
They have not closed on the
[18:15] still under
[18:18] So I talk to every
[18:34] city
and they've got all that
[18:40] to it.
So that's where we are on that.
[18:47] We had a video conference with the mayor
and
[18:53] two weeks ago and I gave him the
opportunity to ask any questions. He's
[18:58] been brought up to speed on that. I
thought that
[19:02] last week
[19:10] they are
[19:14] probably moving a little more rapidly
in some areas.
[19:24] They're trying to get the right now.
They're trying to get the donut holes
[19:27] and all
[19:33] he told me
that they will u they will build an
[19:40] extraction plant somewhere along the I3
between
[19:46] Mount Pleasant and Hopkins County
and
[19:53] he has not specified the location but
he's asked if I knew
[20:01] so you know a couple of had the
opportunity to share property that
[20:08] you know told me about and property
[20:17] » [laughter]
>> He's aware of that plus some other sides
[20:20] along
I I really don't think that we will see
[20:26] them build anything
[20:30] and understandably because it is
there's a lot's
[20:36] now I do know that they are publicly
traded company and that they have money
[20:41] because are moving forward.
[20:51] They haven't built
>> at any location.
[20:56] » They've built a lot of different things,
but
[21:01] » they built a lot of things. They've done
[21:19] There's a brown
[21:32] also said that they've already contacted
some folks for
[21:40] already.
[21:45] That's kind of where we are.
I wish it go
[22:09] Trag
[22:25] Trages
[22:40] trades on future revenue.
[23:00] I couldn't get people to pay for their
teeth.
[23:08] There's talk of future
[23:12] families.
[23:37] That was scary too.
[24:07] So that's not where we're at.
[24:30] Kyle recently
[24:39] as far as I know.
[24:58] I think it's always
[25:02] time.
[25:21] There is something.
[25:40] So
goes through
[25:49] already
[25:53] two different
[25:57] Texas
[26:05] personally and
great business.
[26:14] So they will do that. So
they have a great
[26:25] They may be here.
[26:58] I saw a Facebook post that I saw.
[27:05] » It wasn't
[27:35] The building next to it
[27:45] last time we talked
[27:50] about
[27:53] two acres.
[27:56] They have
[28:09] also be a great location.
[28:34] previous meeting.
[28:48] Yeah, that's
[28:56] something
[29:03] attorney.
[29:06] He wants to be here too
[29:16] representatives from this council from
that industrial foundation. I think
[29:21] growing council
[29:26] found.
[29:34] They all agree, but they all
find out
[29:41] what works
[29:49] around.
>> Well, I think They want to be I think
[29:53] everybody also wants to be
[30:05] and Stan wants to be here because
they
[30:10] will be doing
the public improvement district
[30:16] which is the financing vehicle for the
infrastructure.
[30:25] And that is basically a
special taxing district that's related
[30:32] specifically to that area geographic
area you want to build there.
[30:40] You will have your regular property
taxes and then there will be another tax
[30:45] on top of that which will go service for
infrastructure.
[30:53] Nobody else in the city.
You have a house there.
[31:22] But to benefit you have streets, street
lights, all sorts of nice parks, all
[31:30] sorts of features that you're not
findally
[31:40] That's mainly how most cities are
financing.
[31:57] Anything
[32:10] else to discuss?
[32:17] » Make a motion to second.
>> So meeting adjourned at 6:42.
[32:25] » Thank you.
I'm tell