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A couple of meetings of the pit for redevelopment and commission to order. We'll start with pledge.

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The pledge allegiance to the flag of the United States of America and to the Republic for which it stands, one nation, under God, indivisible, liberty and justice for all. All right,

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thank you. All right, we'll call the July 2nd meeting to order. Joyce will be here shortly and we'll have a quorum so we can vote on this.

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Yes, the item before us seems a economic development area.

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I tell you, and we have a resolution number.

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You know, you have the additional number.

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You've got the 26, 26.

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I don't know if this will work.

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We'll be left over there.

10
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I guess we'll get that.

11
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I'm going to use another key for that.

12
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I'll check it out.

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Does any of the, Joyce will be here in just a moment, if anyone has any questions?

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You know, we can go ahead and start with that, and get those, and did everyone see Larry's email exchange?

15
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Okay. I can pull that up. He had a couple of questions for council.

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So, one

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thing you pointed out is the original draft of the document said $155 million, yes,

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dollars project, and it's not that, it's a $5 million project.

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So, the plan, as I understand it, the plan in a C&J will build at least two buildings, probably

20
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We've states them wanting to try and improve.

21
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And we want to create the, we go through the process, we want to create the, by the resolution

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today, to clarify resolution, the economic redevelopment area, which will be the areas,

23
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about six acres at the parcel.

24
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I don't know, I can't remember the number, but I think I have it in there.

25
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Yeah, it was on one of the documents.

26
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I'm thinking about 30 acres total, maybe.

27
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That's about 34.4.

28
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Yeah, I suppose it's possible they'll expand it as well.

29
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But it goes before the redevelopment commission declared

30
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the economic revitalization area.

31
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It goes to the Plain Commission and then goes to the 10 cows.

32
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In the process, I know there's discussions.

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I'm not involved in them, but there's discussions about incentives and those sorts of things for this to improve it.

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So obviously what happens is they build nice buildings, raises the assist valuation of the building.

35
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This is a very high level.

36
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We tip it and scrape off the increased assist valuation and use that money to help support that project as well.

37
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So that's playing. I don't think there's been a lot of details worked out as I understand. So it's still in the early stages? Yes.

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Okay.

39
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And then the other thing that brought up was the typo for you. The typo was a J and J and C and J.

40
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Okay. Is he on TV and I fixed that? I don't know.

41
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I think I said Morat everybody, but I've got clean stuff here.

42
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Okay.

43
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All right. Are there any questions that you gentlemen have for?

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Let

45
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me look for the number. I'll see if he put that on.

46
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I didn't see anything in

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what he provided. And he did that. I can't remember. I've weed, I was trying to

48
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think. If we've done anything in this here, we've only done one thing.

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I can't even

50
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Now, which is the last meeting with the review of the finances?

51
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How much will we make on that?

52
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Yeah, and the annual reports, last year, the annual report and the projected report.

53
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Yes.

54
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And then, at the end of 2025, we may not have approved it until the first part, but it was

55
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was Resolution 2025-3, and that was this town hall,

56
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a government center.

57
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So this might be number one.

58
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And when I'm pretty sure that right now is needed.

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And he did, in the documents that Aaron originally

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provided, it goes over the legal description

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of the information regarding the property.

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This would be Resolution number four.

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Okay. Is

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it a choice? It's a current poll? No.

65
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You may be on a Harley.

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I guess where we're

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waiting are there any questions in the public? No.

68
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I mean, I just, I just oppose all this

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stuff, not in general, not there, not in, you know what I'm saying? I just have problems with

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to allocate scenarios and tax payments.

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Thanks for asking for my comment.

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OK.

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How is this going to affect the schools, do you know?

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I mean, taking $5 million off the tax rolls,

75
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have you guys ran any numbers and not

76
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get property taxes off of that?

77
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What's not being said?

78
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I don't believe it's being assessed for $5 million.

79
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Fundamental project.

80
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Six acres of non-belt land won't hurt us hardly at all.

81
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I'm not concerned too much with.

82
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But you have no kids coming, which is always a big piece for us, and we've got children

83
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coming, but nothing to support them.

84
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Yeah, well I know the time you can build, I don't know what the cost of the buildings

85
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are going to be, but those will be assessed, and you won't get that dollar value.

86
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So I didn't, you know, I mean, that over time, you know, no.

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Right.

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Yeah.

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Okay.

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I actually, yeah, for this project.

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It's a, yeah, it's a lost opportunity.

92
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Right.

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Ultimately.

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I know.

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Once it rolls off, then you have this hugely increased

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to assessed valuation.

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So I think for the schools, I don't want to speak for you,

98
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but it's not over at school.

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It's the projects that are tough on them

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are the ones that are maybe a multi-use project

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where it also includes 600 homes.

102
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Correct.

103
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And that would be a problem.

104
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There's a tip on, yeah, that would be a per half

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of it for commercial development and then he just added whatever six-hundred home

106
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producers and member of children. So we're here with this point.

107
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Yes. Okay. Yep. So what's the move forward? Yes, that's right.

108
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This moves it to the town and then you know what they mean. I go to the Playa

109
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Commission first so I don't know if it will be the end of July. Yeah it's all the

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I think we'll be right into the July and I won't be here by the time of council to the

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August meeting.

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I believe we'll just have a special meeting.

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What kind of economic development can we expect?

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What are we thinking here?

115
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Are we talking about government building?

116
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No.

117
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It's empty.

118
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No, it's empty.

119
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It's empty.

120
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It's like a wagon.

121
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No.

122
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I'm looking to see James Welterly.

123
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Oh.

124
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This is what it's going to be building there.

125
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Yeah, that's not even a track. He's a grant. It's nice. It's looks horrible right now in the space. So it'd be nice to

126
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How are you?

127
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Good to know what you saw right here. You're fine.

128
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Okay, we were just having a break discussion. Did you did you have a chance to look over?

129
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Do you have questions about the project?

130
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Okay, all right, so here's the

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This is the information that was sent out and then the resolution here

132
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Okay, then this is 6.4 acres that will be kept for

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potential building

134
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It

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is through its 2026 RDC 3. Okay, thank you

136
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inside the town

137
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It is

138
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on the little from the west edge of the steel mill property

139
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the west side. The west edge of it. Yes. Okay. Where that road goes back. Yes.

140
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Yes.

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That's where it is.

142
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And we are doing what with that? So we, we're, this will be

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brought into the tip district, and then we'll go to planning to make a

144
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planning to move inside if they want to move forward with that and then

145
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council would, but we're, we're beginning the process to allow this to be part of

146
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district, so then we would collect the additional assess value above where it is currently

147
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for infrastructure and other items, which always helps us.

148
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Yes.

149
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It gives us money to operate today.

150
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Right.

151
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And make the upgrade for the new development.

152
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So this is supposed to be an area that's quite down here where it says the plan for the

153
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The economic development area promotes significant opportunities for the game for employment of the citizens of the town.

154
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So they work there and then they attract things.

155
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Yeah, he is a decent build and potentially grow the business and continue to employ folks.

156
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I don't know what the current employment is, but the idea is a growth of the company that's actually continuing to help them.

157
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Okay.

158
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Any other questions?

159
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I'm certainly not an expert on it, but the taxes are going in, the property taxes are

160
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going to be a major source of funding for local government, they'll do something about

161
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it.

162
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You're going to end up, so local income tax can potentially be here, source of funding.

163
00:12:33,790 --> 00:12:37,270
I don't know and I'm not sure how this is going to work.

164
00:12:37,270 --> 00:12:45,210
But no, not again, it does the numbers, but I don't know how municipalities are going to survive.

165
00:12:48,510 --> 00:12:53,580
I don't know how schools are trying to figure it out.

166
00:12:56,260 --> 00:13:02,100
All right, if there's no question, we'll entertain a motion for approval of Resolution 26.

167
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2026, you said R-3, R-D-C-3, if we could sign this one, I've got to change the title

168
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and I'll sort of put the plan on the back of it.

169
00:13:18,840 --> 00:13:18,860
Okay,

170
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thank you.

171
00:13:24,820 --> 00:13:24,900
All right.

172
00:13:30,680 --> 00:13:32,040
Do I hear a motion for approval?

173
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A motion.

174
00:13:34,020 --> 00:13:34,800
You'll prove this.

175
00:13:35,440 --> 00:13:37,720
Okay, we have a motion on table for approval.

176
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Is there a second?

177
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I'll second it.

178
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Okay.

179
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second motion has been made and seconded any discussion. It's not although the

180
00:13:46,980 --> 00:13:56,560
favor of approval of resolution number 2026 RDC 3 say aye. Aye. Aye. Opposed? Same

181
00:13:56,560 --> 00:14:03,320
sign. Okay, it looks like motion carries. And we will sign this.

182
00:14:06,340 --> 00:14:08,140
Is there anything else

183
00:14:14,880 --> 00:14:19,800
All right, with that said, I will make a

184
00:14:19,800 --> 00:14:23,480
interpainter looking for adjournment.

185
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Second motion.

186
00:14:24,840 --> 00:14:25,100
Okay.

187
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We're adjourned.

188
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Thank you.

189
00:14:31,730 --> 00:14:31,890
Good night.

190
00:14:32,450 --> 00:14:32,750
Okay.

191
00:14:33,330 --> 00:14:35,450
I will take that.

192
00:14:36,070 --> 00:14:36,590
Sorry.

193
00:14:37,090 --> 00:14:37,470
Thank you.

194
00:14:38,510 --> 00:14:41,030
I'll take that and then I'll give it...

195
00:14:43,090 --> 00:14:43,610
Okay.

196
00:14:44,010 --> 00:14:45,850
This is what this is for me.

197
00:14:46,830 --> 00:14:49,010
Yes, that's cool.

198
00:14:49,390 --> 00:14:50,290
That's what you're going to do.

199
00:14:51,010 --> 00:14:51,650
RDC 3.

200
00:14:51,830 --> 00:14:52,710
Do we have...

201
00:14:52,710 --> 00:14:54,210
You know the...

202
00:14:54,210 --> 00:14:54,450
Which title?

203
00:14:54,790 --> 00:14:55,110
Your titles?

204
00:14:56,690 --> 00:14:57,210
I...

205
00:14:57,210 --> 00:14:57,590
Second.

206
00:14:57,930 --> 00:14:58,670
Okay, I think.

207
00:14:59,010 --> 00:14:59,970
I'll let you guys...

208
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All of the states of the provincial people are. Okay. First of all, I have, I have, you have the person, you know, I was president. You as, huh? You can make you laugh naturally. Basically, it's not hard to hear the questions. That's far. Are you? Well, we're also, oh, that's what I'm wondering.