Utah Fairpark Area Investment and Restoration District June Board Meeting and Budget Hearing

Utah Fairpark Area Investment and Restoration District, UT · · More Utah Fairpark Area Investment and Restoration District, UT meetings · More Utah meetings

Transcript

Download: Text · SRT
AI TRANSCRIPT

This transcript was generated automatically from audio using AI and hasn't been reviewed by a person — it can contain mistakes, including plausible-sounding sentences that were never actually said. Treat it as a starting point, not a verbatim record.

[0:00] Community order, Scott Sandel, chairing you fair today, June 16th, 4.5 in the afternoon. We do have a quorum. We will recognize Kerry, who is with us online and excuse Dan, who could not make the meeting. The other three members are myself and two members are here in person. And so we do have a quorum.
[0:28] The first item on the agenda would be I would entertain a motion to accept and approve the minutes from January 13th, 2026 motion and seconded, all in favor say aye.
[0:45] Aye.
[0:46] Aye.
[0:47] Any opposed?
[0:49] A rule that motion passes unanimously.
[0:53] We are going to go to our executive director report to Ben Bies, always on top of things,
[0:59] working really well and anxious to see his, or hear his report.
[1:05] Ben, Mike's on.
[1:07] Great.
[1:08] Thank you, Mr. Chair.
[1:09] Just a few quick updates I'd like to give to the board.
[1:14] We're going to talk quite a bit about the budget.
[1:15] I do have a budget update for the current physical year that I'd like to start with.
[1:20] So this is as of the end of May of this year.
[1:25] So we have one month left in our budget cycle.
[1:29] Budget's looking really good.
[1:33] From a revenue standpoint, we didn't get any tax increment this year, as there's been
[1:38] activity in the power district. It's mostly been the demolition so far, prior to the Rocky Mountain
[1:44] power headquarters, so that actually reduced our property taxes for the area. So we're not quite
[1:51] getting tax increment yet, but is that building and other progress will get positive in that in future
[1:57] years. Sales tax and the capital city revitalization tax are both quite a bit ahead of estimates.
[2:06] The outdoor adventure infrastructure restricted account, again, is coming in right about where we projected at $5.8 million.
[2:14] We are getting a little bit of money from telecommunications and municipal energy tax, along with our state appropriation and interest payments from our pitific account, which is just kind of like a money market account through the state treasurer's office.
[2:30] Yes, ask for a reminder on the outer adventure infrastructure restricted account is the 10% of the total account that you fair is by legislation going to receive in perpetuity correct and what can you remind me where in the state budget, or maybe senator, you can answer that where does this revenue come from.
[2:58] And I only ask because I wonder how we, if we can look to that to anticipate what future growth it's a statewide sales tax.
[3:08] Yeah, it comes from the number of sources. I think the biggest one is that sales tax.
[3:13] I think 1% of statewide sales tax is put into that account. And then there are a few other revenue sources as well.
[3:20] So, yes, perfect, we get 10% of that fun, then we also, it was actually capped last year,
[3:27] so we get 10% of what the amount was, lashing, and we get 50% of the growth of that as well.
[3:34] So that is money that will be going towards the stadium, most likely.
[3:43] From a expenditure side, we had a couple items that are a little bit higher than budgeted.
[3:50] Overall, we're still projected to be under our budget of $75,000.
[3:57] The big one that went over budget was the information technology, the IT expenditures.
[4:02] As we rolled out our website, which I do want to show to the board, there's some additional expenses for that.
[4:09] The cost of hosting the site is also in there that was not budgeted.
[4:14] So we went a little bit over budget there, but again, that's made up for with understanding on on other
[4:21] items there. So we will get into in the budget hearing, we will have the expected expenditures
[4:29] for the current fiscal year, and they are under that $7000, $5,000 target that we were after
[4:35] as well as projections for next year. The big item that's not on there yet is security and cleanup.
[4:41] We did partner with Salt Lake City and the Department of Public Safety to purchase a bunch of security cameras for the district area.
[4:53] UHP's got access to those.
[4:54] Salt Lake City PD also has access to those and we need to pay public safety for that.
[5:02] That's $150,000 under security and clean up that we haven't done.
[5:05] But we'll do that before the end of the fiscal year.
[5:09] I do also just want to show it. I sent this to the board earlier, but we went live with
[5:14] our website a couple months ago. It's just a very simple website, but it gives the public
[5:22] opportunity to learn a little bit about what you first doing, what's in the news. We do
[5:28] We also have access to our board materials from this website as well.
[5:37] So we have contact information on here.
[5:40] We have a way to contact me if there's any questions from the public.
[5:44] So this is up, this is active.
[5:47] Feel free to share it if there are residents or others that have questions or concerns or
[5:52] need to get in touch.
[5:53] This is a great way to do it.
[5:54] So if there's changes you'd like to see as a board or additional information happy to look into those as well.
[6:01] So I just want to make sure that was brought to the board's attention.
[6:05] And then the last item is I just wanted to talk about the opportunity zones.
[6:12] And I know that the city has been really involved with these.
[6:16] The UFAR district area was part of the original opportunity zone.
[6:20] Those are expiring at the end of the year.
[6:23] They're going through the process right now of re-establishing those opportunity zones.
[6:28] What this does is it provides a mechanism for investors to put money into the area and get some tax benefits as that area grows.
[6:37] So it's really beneficial to the area that to encourage investment.
[6:41] We appreciate Salt Lake City putting that on one of their priorities and I know it's in the governor's office's hands right now with the governor's office of economic development.
[6:52] And so we would we would love to have that included going forward as it has been so so can I ask you a question how much of a footprint has has the opportunity zone ban of you fair footprint and how much would it be asked for in the future.
[7:11] Like is it 10% is it it's not the whole I believe the whole part of the district.
[7:20] I just didn't know if it had the State Fair Park in it as well.
[7:26] Yeah, I believe it does.
[7:33] Certainly, any encouragement, if you see the governor or his staff, we would love some additional push for that to make sure that continues.
[7:44] is.
[7:45] Okay.
[7:45] Thanks.
[7:46] Thank you.
[7:46] And that, I think, wraps up my executive director report.
[7:50] Thanks.
[7:51] I think we've asked him to answer the questions along the way.
[7:53] Let's move to budget hearing.
[7:56] Ben.
[7:58] Great.
[7:59] I'll present the budget and then we can open it up for a public budget hearing.
[8:04] If there's any members of the public that wish to comment or ask questions about that.
[8:09] So, what we have here is our FY27 budget proposal that's in the far right column, column D.
[8:18] In the middle column is the current year estimates, so it's the numbers I just showed,
[8:22] along with any projected expenditures that we're planning for the rest of the physical year.
[8:27] And then in column B, that first column is what we actually collected and spent in FY25.
[8:36] So that was, again, just a partial year, so those numbers you'll see are quite a bit lower, but going forward, they're much more similar.
[8:46] So we are projecting just modest increases in our revenues here, really just, you know, the 3 to 5% growth in self-tax and the related funds.
[9:00] Our state appropriation is $2 million ongoing.
[9:04] It was split as you can see between FY 25 and FY 26.
[9:09] So we'll get the $2 million going forward in FY 27.
[9:13] And then interest from the amounts that were held in the PTIF.
[9:20] We continue to get those.
[9:24] On the expenditure side, again, just kind of modest increases or
[9:29] or leaving those the same for the most part, we did bump up professional services from 100,000 to 150,000 just to account for any contracts or other increases in those accounts that we need.
[9:45] That pays for our annual audit, it pays for our financial statement preparation, we use that for the firm to help prepare and build the website.
[9:55] So a lot of different categories going into that.
[10:00] Administrative.
[10:01] Hang on a second.
[10:02] Mayor.
[10:02] Yes.
[10:03] Thanks.
[10:03] Can you talk to us about the increase in salaries?
[10:10] So that, yeah, it was 400,000 last year.
[10:14] We're projected to spend 383.
[10:16] So just bumping that up for any colas or we have increases in PHP rates.
[10:25] those types of things, so definitely don't expect to be that high to 450,000 but just want to bump it up a little bit.
[10:34] Okay, so when I look at column B at the 258, that's not actually.
[10:39] So 258, so I started in October of the physical year, so it only accounted for eight months, seven and a half months of the year.
[10:48] So column C is the projection for this year.
[10:51] Okay, and what just out of curiosity because our council is finishing our budget as we speak what cola did you count this year if you remember so I I haven't counted anything yet I just bumped that up a little bit to to account for a potential cola.
[11:09] I think the last Cola adjustment was the same as the state Cola, which was two and a half.
[11:17] I was going to say two and a quarter, but it could have been two and a half.
[11:22] But it was in that two, just mid two percent range for Cola was what we did.
[11:30] Yeah, go ahead, Kim.
[11:34] Yeah, we're getting recorded, so we better have a use of Mike.
[11:37] Is the total that we're trying to erase in tax revenues, is that about the 9 million mark and how many years does it take us to achieve that do you think then can answer all that yeah, so in order to bond for $900 million for stadium, where we're well shy of that right now. So those will continue to grow as sells taxes grow in the district.
[12:06] And once we get additional activity there, we'll see much larger increases.
[12:11] So we really need, we really need all the money coming in that we can get right now.
[12:16] The more that we can get in these years before we have to bond, really reduce the amount of capitalized interest that we'll need in those first years.
[12:26] And that's a really expensive way to finance, as you know, if we have to basically borrow money to pay payments for the bond in those first years.
[12:37] So the more that we can raise in these early years, the better.
[12:41] I would say that we have a number that we're targeting right now for yearly tax revenues.
[12:48] but we're really keeping that $900 million stadium bond as kind of our long-term target.
[12:56] One of the, excuse me for my question.
[12:58] Oh, go ahead.
[13:00] One of the issues, of course, is not knowing when we really will need a stadium.
[13:07] I mean, we want to be ready if we do get it.
[13:10] But we don't even know if collective bargaining is going to go out a couple of years.
[13:16] and, you know, we don't know what's happening, so we just need to apply ahead and be ready
[13:22] when we know.
[13:23] Absolutely.
[13:23] And that's really a thing is, I think that the selling point of Utah as a major league
[13:30] baseball market is that we are ready.
[13:33] We've got kind of all the pieces in place and so I think this is definitely a huge part
[13:36] of it.
[13:37] So, so maybe I can just walk through a few of the bigger level steps for you fair to be
[13:44] to bond. One of is when the stadium is complete, the ownership group will lease the stadium back
[13:52] from UFARE. So there will be a revenue stream there. Once it's announced, we can then implement
[13:59] the sales tax on car rentals that will flow into UFARE that's already been discussed.
[14:08] and the outdoor recreation piece is expected to grow and UFAR is able to
[14:18] capture anything above the baseline at the 50% of the growth. So that will
[14:26] continue to grow in a positive way, not in a flat way. So those are some of the
[14:34] pieces that we will be able, that we're looking for to bond against in addition to the tax increment.
[14:40] That's so helpful. Thank you.
[14:42] So, we do have a modeled plan to be able to get there, but we've got to kind of wait for
[14:50] baseball to be announced for some of those to kick into.
[14:55] Mr. Chair appreciate the comment on tax increment. We've talked about that in the past and that's going
[14:59] to war.
[15:00] Public infrastructure improvements, mostly the Jordan River and the associated trails and improvements to that. That's where the tax increments are going to go rather than the stadium. So we're going to spend a lot of money on those improvements as well. That's a different source that will come from.
[15:21] Coming back down here, we also increased slightly the administrative budget to account for the office lease that you first signed last year.
[15:33] information technology was bumped up to account for those increased costs of hosting
[15:37] the website and the other legal fees and travel. We're kept the same. We're not projecting
[15:45] money for security and cleanup. Right now, we certainly have the opportunity to increase
[15:52] the budget later on if we need to throughout the year. But total general government appropriation
[15:58] of $690,000, $15,000 decreased from what we did last year, from the budget last year.
[16:05] So, happy to answer additional questions there.
[16:10] Yeah, any other questions, Carrie, I'm assuming you're on to and could see that or hear that?
[16:17] I'm on and good afternoon and Ben spent some time walking me through it previously, so I'm
[16:24] good.
[16:25] Thank you.
[16:26] I don't see any questions from anyone else up here.
[16:30] So let me turn now.
[16:32] We want to make sure if there's anybody in the public that would like to comment on
[16:36] the budget or ask questions.
[16:38] I don't see anybody in the room.
[16:40] Do we have anybody online?
[16:42] We don't.
[16:43] Okay, well I'll close public comment.
[16:45] We'll come back now to the board for a motion to approve the budget.
[16:53] I'll move and camel second.
[16:55] Thank you. We have a motion in a second. Any discussion to that motion? Seeing none all in favor say I I
[17:03] Any opposed I'll rule out motion passes unanimously. Thank you for your approval of the budget
[17:10] We're gonna now now ask Carl Duke come up and give us a Larry H. Miller real estate update and
[17:19] Your mic should be on
[17:20] Can I ask you a question first?
[17:24] Sure.
[17:25] What's happening to Brad Hall?
[17:26] You can see he resigned off.
[17:31] I can see out of the Miller agree for us.
[17:34] He's he's most certainly not.
[17:37] He's still there.
[17:37] That's what I wanted to mention.
[17:39] Yeah.
[17:39] Brad's asked us to manage the administrative side of the pits.
[17:43] And he had a conflict today that he couldn't move.
[17:46] But no, you'll be seeing plenty of Brad in the future.
[17:52] I appreciate the opportunity you provide a brief update on our activity out of the power
[17:57] district.
[17:59] These presentations in the past have been difficult for me.
[18:02] There's only so much I can do to spice up infrastructure and environmental remediation
[18:09] and permitting, but we have some fun photos today.
[18:13] The headquarters project that you see here is on schedule.
[18:18] Our next major milestone will be topping out of steel, which will take place at the end
[18:23] of September.
[18:26] We're working with the contractors to make sure that all of the purchases for this building
[18:31] are properly documented.
[18:34] That will generate approximately $4.7 million in tax proceeds for UFARE.
[18:40] and $920,000 for the City of Salt Lake.
[18:51] These images show how much occurs underground,
[18:56] as you're trying to get a building moving
[18:59] to recall that this tower sits on approximately 160 piles.
[19:04] And then what you see here is a labyrinth
[19:07] of steel and concrete that ties all of those piles
[19:09] together and give it its strong foundation.
[19:14] This is an aerial of the site from this morning.
[19:18] You can see that we're about done with all of our footings and foundations.
[19:22] We have one more pour and we've already started our slab pours.
[19:27] We will have an additional slab pour starting at two o'clock in the morning tomorrow.
[19:36] This image is produced by our steel manufacturer and shows how much of our steel and green and in peach
[19:44] is completed. And on its way, this is an extremely busy week for the site that
[19:52] crane on the bottom left arrived today. It's the largest production crane
[20:00] that's made. We take delivery of steel starting tomorrow and we'll continue to
[20:07] shake out steel and inventory it over the next seven days and then a week from
[20:11] tomorrow's steel erection for the tower begins.
[20:18] While this isn't in the U Fair boundary, it's a
[20:21] critical building that needs to advance in order for us to be able to develop the rest of the site.
[20:27] This is the essential services building for Rocky Mountain Power. You can see the base isolators
[20:33] to the right there that the foundation sits on. This building is designed to move five feet in every
[20:39] direction in a seismic event. They're about halfway through their steel
[20:45] direction and that project's also on schedule.
[20:54] We are participating with the LDS
[20:56] Church for the Salt Lake City Temple Open House. This area in red which is
[21:03] generally bounded by Redwood Road and North Temple will be a large parking
[21:07] field. The public will be encouraged to come here and park and take shuttle buses into the
[21:15] downtown core for the temple experience. I only raised this because you'll be seeing quite
[21:23] a bit of activity over the next couple weeks as we fill in those old reclamation pits as we remove
[21:31] the footings and foundations from the Ramada property and prepare this for paving to start
[21:37] at the end of August.
[21:41] In addition to the headquarters, the ESP and parking,
[21:46] we will always have infrastructure continuing.
[21:50] We're installing infrastructure right now on 1460,
[21:53] which will be named Electric Avenue.
[21:56] And we're pleased to announce that building A,
[21:59] which you guys have seen some images of in the past
[22:02] is in for permit with the city now.
[22:07] So with that, I'm happy to answer any questions.
[22:11] I know we put up some signings and we wanted something that said welcome to Salt Lake City
[22:24] and the opening of the Salt Lake Temple or something, but welcome to Salt Lake City.
[22:34] So we're working with the church for fence scrim and signage.
[22:39] So there'll be directional signage to make sure that people arrive here, but also a fence
[22:45] scrim that announces this is the parking. Welcome to Salt Lake. And we may have some additional
[22:53] material that references the power district itself. The, when you look at the headquarters,
[23:03] they all in mayor. Go ahead. Well, killman, there's the phone. Well, killman, there's the phone.
[23:08] Let's switch over to the mayor who has a question.
[23:11] I think, Kim, maybe you are also referring to what we talked about in our last board meeting
[23:17] which is the beautification project along the North Temple corridor that we want to include
[23:22] banners.
[23:23] Welcomeing banners.
[23:25] We were asking members to put banners on their property and one of the reasons I raised
[23:34] that was, we were asking them to say future side of the ball diamond.
[23:42] I don't know. I don't know if we maybe should be quite that bold.
[23:47] It's not this board, that's it.
[23:49] I know, but, but, but even, even at that.
[23:53] It's a fair question, Kim.
[23:55] We, there's going to be a lot of people going through here.
[23:59] We want to make sure that we educate them because there will be a ten story office building
[24:03] being out of the ground and almost fully glazed when they start parking here.
[24:08] So it is going to raise some questions and we do need to explain to them, this is the
[24:12] power district.
[24:13] Here is what's under construction now, here's what you can anticipate will be coming in
[24:18] the future.
[24:19] Yeah.
[24:19] It's a good educational experience for a lot of people and quite honestly a lot of people
[24:24] outside of Salt Lake City who will come to visit that will be interested and maybe not
[24:29] be aware of the development.
[24:33] any other questions here? I looked like Carrie had her hand up.
[24:37] Yeah, Carl, would you remind me who your general contractor is?
[24:43] And this contractor on the headquarters is opened.
[24:46] And do they primarily source out of Utah suppliers and providers?
[24:52] Like that steel contract looks amazing and I'm just hoping some Utah company got to benefit from it.
[25:00] We do put a preference for local manufacturing and subcontractors.
[25:07] The steel in this case is coming from Schuff.
[25:11] Schuff does have an office here and will be using many of their expertise.
[25:18] This particular steel was manufactured in Arizona.
[25:22] Our glazing which is the next major component is coming out of India.
[25:26] Yeah, we don't have any glazing manufacturing.
[25:29] Right.
[25:30] I understand.
[25:31] I appreciate it.
[25:32] Thank you.
[25:33] Thank you.
[25:34] Mayor?
[25:36] Separate subject.
[25:37] Could you just give us an update on where field operations is that in their process?
[25:42] Yeah.
[25:42] I'm so excited to see their product.
[25:46] So we've been doing a lot of base files and making sure that they understand the site and
[25:51] understand the regulatory environment.
[25:53] we don't have designs yet. We've had a number of discussions. We plan on using July and August
[26:00] to meet with stakeholders, both public and and private meetings, to gather input on what they
[26:08] would like to see in that river environment. And then we'll start producing our first designs for
[26:13] the river itself. Maybe second or third quarter. Next year. Yeah. Thanks. Thank you. Any other questions?
[26:22] I have I just one question. So the parking for the temple experience, you're going to pave the entire entire space in the in most or at least most of it and then obviously that's going to have to
[26:38] be ground and taken back up as the rest of the development happens. So you're going to pave it for just the six month experience.
[26:45] It's going to be a temporary pavement.
[26:46] And much of the site that you see within red is already paved materials.
[26:52] So a lot of it's concrete, some of it's already hardened.
[26:56] So the remodest site and the old remediation will be new pavement.
[27:00] And then there will be new striping and probably a new surfacing coat on the existing asphalt.
[27:05] Okay.
[27:05] But not designed to exist longer.
[27:07] Yeah.
[27:08] Okay.
[27:09] Perfect.
[27:10] Thank you.
[27:10] I think it's really a nice thing to be able to coordinate and do that.
[27:15] be a great space.
[27:20] No other questions? Okay, thanks, Carl.
[27:24] Thank you. We're going to now move to back to Ben. We need to talk about a resolution to replace Brad.
[27:32] Holmes with the Spencer Hill on the pit boards and Ben.
[27:39] Yes, thank you, Mr. Chair. And Kim asked a great question earlier.
[27:42] Brad's not going anywhere, just trying to manage his workload, which is immense as you can imagine.
[27:49] He asked to be replaced on these pit boards.
[27:54] We had a pit meeting yesterday for the other Power District Pids that he is on, where we put Spencer Hilla on those pit boards.
[28:05] These two PIDs, 4 and 11, are the PIDs of the board created in October for the stadium specifically.
[28:13] Those are subsidiaries of UFARE.
[28:15] And so they are, it's up to the board to determine that board composition, which is why we are bringing it to the board for that change with the other ones being made yesterday.
[28:25] So this is just, again, a resolution to accept Brad's resignation and put Spencer, Hila and his place.
[28:39] Let me do this. Come on up and get a mic because this is actually really a good Kim. Thank you.
[28:48] What do you introduce yourself to the board and the public and tell us a little bit about your
[28:53] experience and kind of your maybe your vision a little bit. We'll turn this into a little bit of a
[28:58] confirmation hearing, how's that?
[29:01] Well, great, yeah, happy to be here.
[29:04] Thanks for this.
[29:05] My name's Spencer Hilla.
[29:06] I join Larry H. Miller real estate in October of 2024,
[29:11] specifically to join Carl and work on the Power District
[29:14] project.
[29:15] So that's where I dedicate my time.
[29:17] My whole career has been in commercial real estate
[29:21] with shops in San Francisco and then got to know Carl
[29:26] and spent time at property reserve prior to Cummular E.H. Miller real estate.
[29:31] And I oversee a lot of the finance and underwriting of the deals, I'll be heavily involved from the public finance side.
[29:40] And that's a lot of what I do along with helping Carl move the project forward.
[29:44] Thanks. Any other questions for our candidate?
[29:48] I'll just give Spencer some kudos.
[29:52] We've talked quite a few times.
[29:54] He's really an expert on the public financing side,
[29:56] and has been amazing to work with.
[29:59] So really.
[30:02] Thank you.
[30:05] And thank you for being here, quite honestly. I think that's really helpful. And I have a motion. I'm going to take that motion for approval to make this change. Any discussion to that motion?
[30:30] Thank you, Mr. Chair and thank you, Board.
[30:31] Appreciate it.
[30:35] Now, we have advertised public comment.
[30:39] We're gonna see if there's any public comment out there.
[30:46] We'll see anybody from staff telling me
[30:48] there's anybody online and nobody from the room.
[30:50] So we're gonna close public comment.
[30:52] Yes, go ahead.
[30:54] I'd like to make a motion
[30:55] that we enter into a closed session
[30:56] to discuss the purchase exchange or lease
[30:58] of real property pursuant to Tuck Code 52-4205-1D.
[31:03] that motion is appropriate and in order and is there any discussion to that
[31:12] motion before we look for a roll call.
[31:20] Yeah, we'll excuse everybody once we take
[31:22] the yeah. So let's let's go through a roll call vote to close the meeting. Make
[31:29] sure we make this official.
[31:33] Yeah, yeah, Brooke.
[31:37] I mean, oh, okay, are you gonna take
[31:40] your roll call? Yes, please. Could you do that, Brooke, and make sure we do we hit everything
[31:44] we needed to for that motion? I'm not sure who all your board members are. No, we still
[31:50] need some additional information on the record, but go ahead and take a roll call of all the
[31:58] members voting, okay? Okay. Okay, let me turn to Ben and do that. Do you want to just do the
[32:06] roll call. Yes. Chair Sandal. I. I'll start with the chair. I'm sorry. That's okay. The chair can
[32:13] vote first or last in this case. Mayor Mendenhall. Hi. Kim Gardner. Carrie Fullerton. Hi.
[32:22] Okay those are the those are those four of the five board members present. I will rule that that
[32:29] that motion passes four to zero to close session.
[32:33] Okay, let me just do some additional information here.
[32:38] The motion passes, the board will now go into closed session.
[32:42] The date is June 16th, 2026.
[32:46] The time is 4.37 pm.
[32:49] And the location of the meeting is the Senate building room 220.
[32:53] zero, at the state capital complex located at 350 North State Street in Salt Lake City.
[33:01] All those who are not board members and are remaining in the meeting, please introduce
[33:07] themselves.
[33:11] Thank you.
[33:13] Hang on a minute.
[33:14] We're going to see who's remaining still.
[33:16] That's some of them of some of them exit.
[33:20] Hang on a minute.
[33:21] Before you go, while I got you there, we're going to have on Saturday is that July 20th at concert there at the playgrounds that we hope you'll all come to.
[33:35] And then the rodeo course will have Saturday while bull riding. I don't ask me what that is, Larry, you know.
[33:42] and then and then the rodeo go to G. Y. C. Sir G. Sir, anyone that would like some tickets see me I happen to know I got it as a mom.
[33:53] Okay, thank you for the public service announcement.
[34:00] Okay, so the chair will recognize that other than board members we have.
[34:09] Ben Bies, who are executive directors here, and we have.
[34:16] Okay.
[34:18] Paul.
[34:18] Okay.
[34:19] Yeah, Paul.