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THIS JUROR NUMBER TWO FOR, UH, MEETING[I) Call Meeting to Order and Roll Call]
TO ORDER IF, UH, YOU WOULD CALL THE ROLL PLEASE.[II) Approval of Minutes]
IS APPROVAL OF THE MINUTES.IF YOU'VE HAD AN OPPORTUNITY TO REVIEW THE MINUTES AND I'LL ENTERTAIN A MOTION FOR APPROVAL.
COMMISSIONER, I'D LIKE TO MAKE A MOTION TO APPROVE THE MINUTES FOR JURORS NUMBER TWO.
THAT WAS ON JUNE THE FOURTH, 2024.
IS THERE ANY DISCUSSION OR COMMENTS REGARDING THE MINUTES? OKAY.
UH, NEXT ITEM IS CITIZEN COMMENT, PERIOD.
IS THERE ANYONE HERE WISHING TO SPEAK OR HAS ANYONE SIGNED UP TO SPEAK? OKAY.
IF NOT, WE'LL MOVE ON TO ITEM NUMBER FOUR.
[2) Consider authorization of an additional 10% contingency for Harris Road Company in the amount of $641,337.90 for a total contract amount of $7,375,385.85 for the construction of the retail road facilities in the Brick and Mortar District. ]
CONSIDER AUTHORIZATION OF AN AN ADDITIONAL 10% CONTINGENCY FOR HARRIS ROAD COMPANY IN THE AMOUNT OF $641,337 90 CENTS FOR A TOTAL CONTRACT AMOUNT OF 7,375,385.UH, 385085 CENTS FOR THE CONSTRUCTION OF THE RETAIL ROAD FACILITIES IN THE BRICK AND MORTAR DISTRICT.
AND ROSIE TRULA WILL BE PRESENTING.
GOOD EVENING, ROSIE TRULA, DIRECTOR OF ADMINISTRATIVE SERVICES.
UM, SO THE ITEM BEFORE YOU TODAY FUNDAMENTALLY WILL INCREASE THE AMOUNT OF CONSTRUCTION CONTINGENCY WE HAVE AVAILABLE FOR US, UH, FOR THE HARRIS UH, CONTRACT FOR THE RETAIL ROADS PROJECT.
UM, BACK IN SEPTEMBER OF 2023, WG THE WGI CONTRACT WAS ASSIGNED TO THE CITY, UH, FOR RETAIL ROAD DESIGN.
UM, FROM DECEMBER THROUGH FEBRUARY OF 2024, WE HAD AN INITIAL BID ADVERTISEMENT WITH NO BIDS RECEIVED.
SO WE READVERTISED THAT ON DECEM ON, UH, FEBRUARY 14TH.
AND THE PROJECT, UH, RECEIVED FOUR BIDS ON MARCH 21ST.
IN APRIL, WE BROUGHT THE CONSTRUCTION CONTRACT AWARD FOR HARRIS ROAD COMPANY, UH, TO THE BOARD FOR APPROVAL AND IT WAS APPROVED, UM, IN JULY OF 2024.
WE ADDED SCOPE, UH, TO THE DESIGN AND CONSTRUCTION CONTRACT FOR A RECLAIMED WATER LINE.
UM, THIS COST IS BEING COVERED BY THE CITY OF KYLE, NOT BY THE, THE TOURS BOARD OR THE TOURS DOLLARS.
UM, BUT THAT DID ADD SOME, UH, IT DID HAVE A CONSTRUCTION IMPACT ON THE CONTRACT.
UM, AND THEN WE ALSO ADDED WORK IN OCTOBER TO RE RELOCATE SOME, UM, SOME OVERHEAD LINES.
THIS TABLE SHOWS THE ORIGINAL CONTRACT ON THE, THE LEFT PLUS THE TWO CHANGE ORDERS THAT HAVE BEEN APPROVED.
ONE FOR ARE BOTH RATHER FOR THE RECLAIMED WATER.
UM, WE KNOW AND ANTICIPATE CHANGE ORDERS FOR SOME WASTEWATER CONNECTIONS AT THE PERFORMING ARTS CENTER, SOME PENDING CHANGES THAT ARE NECESSARY TO INTERSECTIONS AND SOME ADDITIONAL WASTEWATER LANE CHANGES OR WASTEWATER LINE CHANGES AT HEROES AND THE PERFORMING ARTS CENTER AS WELL AS ADDING BACK THE CUSTOM LIGHTING, UM, THAT WAS ALWAYS, ALWAYS ORIGINALLY INTENDED TO BE PART OF THE CONSTRUCTION CONTRACT, BUT NEEDED TO BE REDESIGNED.
UM, AFTER THE INITIAL BID WAS RECEIVED.
IT WAS AN ALTERNATE THAT WE DIDN'T AWARD AT THE TIME OF ORIGINAL CONTRACT AWARD.
SO THAT TAKES US TO A TOTAL CONTRACT NEED RIGHT NOW OF A, A LITTLE OVER $7 MILLION.
UH, BUT OUR ORIGINAL CONTRACT ONLY CONTAINED A 5% CONTINGENCY.
UH, SO WE'RE ASKING FOR AN ADDITIONAL 10%, UH, TO BRING US TO A TOTAL CONTRACT VALUE OF SELL, EXCUSE ME, $7,375,000.
WE EXPECT THAT ADDITIONAL REMAINING CONTINGENCY AFTER WE, UH, EXECUTE THE, THE ONES THAT WE KNOW ABOUT, WILL GIVE US SUFFICIENT FLEXIBILITY TO HANDLE ANY ADDITIONAL CHANGES THAT MIGHT OCCUR IN THE FIELD AS WE PROGRESS THE WORK.
UM, SO IT DOES GIVE US ENOUGH OF A, A CONSTRUCTION CUSHION CONTINGENCY CUSHION TO BE ABLE TO ENSURE THAT THE WORK IS COMPLETED.
UM, AGAIN, 5% CONTINGENCY, UM, AT AWARD AND THAT'S ALREADY BEEN EATEN UP SUBSTANTIALLY WITH CHANGE ORDERS NUMBER ONE AND TWO FOR THE RECLAIMED WATERLINE.
SO THIS INCREASE OF AN ADDITIONAL 10% OF CONSTRUCTION CONTINGENCY WILL ALLOW US TO PROCESS THE CHANGE ORDERS THAT WE KNOW ABOUT, AS WELL AS, UH, LEAVING A SMALL BALANCE FOR ANYTHING THAT MIGHT COME UP AS WE FINISH.
UM, THE WORK, UH, OPTIONS THAT YOU HAVE IN FRONT OF YOU ARE TO AUTHORIZE THE ADDITIONAL
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CONTINGENCY, UM, OR TO NOT, AND WE OF COURSE WOULD RECOMMEND THAT YOU AUTHORIZE THE ADDITIONAL CONTINGENCY.UH, WE HAVE STAFF FROM, UH, THAT CAN HELP ANSWER ANY SPECIFIC QUESTIONS IF YOU NEED ANY ADDITIONAL DETAIL ABOUT THE NATURE OF THE, THE CHANGE ORDERS THAT WE HAVE PENDING.
UM, BUT WE OFFER THIS FOR YOUR CONSIDERATION.
IS THERE ANY QUESTIONS OR COMMENTS REGARDING THIS CHANGE ORDER? OKAY.
UM, THE CONSTRUCTION HAS STARTED MM-HMM,
IS THERE ANYTHING RUNNING OVER BUDGET NOW? IT'S THE THINGS THAT WE'RE SEEING ARE NOT NECESSARILY THINGS THAT ARE RUNNING OVER BUDGET.
IT'S, YOU KNOW, MAYBE SOME CHANGE CONDITIONS OR NEEDING TO, TO MAKE SOME ADJUSTMENTS TO THE DESIGN THAT RESULT IN CHANGES TO THE CONSTRUCTION.
UH, BUT NONE OF IT IS, IS OUTSIDE THE REALM OF WHAT ONE WOULD EXPECT WITH A CONSTRUCTION PROJECT OF THIS NATURE.
OKAY, COUNCIL, THANK YOU THAT, THAT'S EXACTLY WHAT I WAS GETTING AT AS WELL.
AND THANK YOU FOR ANSWERING MY, OF MY QUESTION OF FROM LAST NIGHT.
UH, JUST WANTED TO MAKE SURE, 'CAUSE WE, WE'VE HAD, UM, ISSUES IN THE PAST WHERE COMPANIES WILL COME IN AND REQUEST ANOTHER CHANGE ORDER AND, AND I WAS HOPING THAT WE WOULDN'T GET IN THAT POINT TO WHERE WE'RE GONNA NEED TO CONTINUOUSLY, UH, MAKE THESE ADJUSTMENTS BECAUSE WE MADE AN APPROVAL OF A SPECIFIC DOLLAR AMOUNT.
SO, UM, HOPEFULLY THEY CAN STAY ON SCHEDULE AND JUST MOVE FROM THERE.
BUT I THINK YOU SAID THE 5% IS ALWAYS THE LOWEST THAT WE GO WITH, SO THAT WAY WE CAN, IT'S, IT'S LOW FOR THIS PROJECT, CORRECT? YEAH.
SO WE WANNA BE ABLE TO INCREASE IT TO JUST GIVE 'EM THAT MUCH EXTRA LEVERAGE IF THEY NEED TO.
AND IT, AND IT'S, IT'S NOT REALLY, I WOULDN'T CONSIDER IT AS EXTRA LEVERAGE OR IT, IT'S REALLY, SO WITH, WITH ANY KIND OF A CONSTRUCTION CONTRACT, AS THINGS MOVE FROM A DESIGN ON PAPER MM-HMM.
UM, AND SO THAT'S WHAT YOU HAVE A CONSTRUCTION CONTINGENCY FOR TO HELP TAKE CARE OF THOSE UNKNOWNS.
MAYBE IT'S QUANTITIES OF SOMETHING, MAYBE IT'S, WE NEED TO REDESIGN THIS BECAUSE IT DOESN'T QUITE WORK IN THE FIELD.
UH, AND THAT'S WHAT YOU'RE SEEING HERE.
THE RECLAIMED WATERLINE IS AN ADDITIONAL SCOPE THAT WE ADDED AND WE WORKED WITH, UM, THE DESIGN TO DESIGN AND TO ADD THAT TO THE CONSTRUCTION.
UM, THE, THE, THE CHANGE ORDERS THREE AND FIVE THAT RELATE TO WASTEWATER LINES, UH, I THINK THOSE ARE FROM WHAT WE DISCOVER IN THE FIELD WHEN WE ACTUALLY START THE CONSTRUCTION PROJECT, THAT SOMETIMES ISSUES COME UP AND WE NEED TO MAKE SOME ADJUSTMENTS TO HOW WE'RE GONNA APPROACH THAT CONSTRUCTION THAT CAN RESULT IN NEEDING TO, TO COST MORE MONEY.
UM, AND THE INTERSECTIONS WAS A SLIGHT REDESIGN THAT, THAT WE WORKED WITH THE FIRE DEPARTMENT ON.
UM, AND THEN CHANGE ORDER NUMBER SIX IS SOMETHING THAT WE ALWAYS ENVISIONED ADDING BACK INTO THE PROJECT, WHICH IS THE, THE, THE CHANGE LIGHTING PACKAGE, UM, THAT WE HAVEN'T YET EXECUTED THAT CHANGE ORDER ON, BUT IT'S STILL WITHIN THE BUDGET THAT WE ORIGINALLY THOUGHT IT WAS GOING TO BE.
WE JUST HAVEN'T AWARDED IT YET.
ANY OTHER QUESTIONS? I GUESS THE SOURCE OF THE FUNDS, WILL THEY BE OUT OF THE TURS? NOT, SO THAT'S ACTUALLY THE NEXT ITEM ON THE AGENDA.
SO ALL THIS IS ASSUMING THAT WE'RE GONNA BE ABLE TO, TO, THERE'S A, A, A CHANGE IN THE BUDGET THAT'S GONNA COME FOR, UM, SO THAT'S THE NEXT ITEM THAT WE'RE GONNA COVER.
THE WASTEWATER LINE, UM, CHANGES IS COMING FROM THE, UH, CITY OF KYLE FUNDS AND THEN THE REMAINDER OF IT WILL COME FROM FROM TS FUNDS.
OH, I MEAN THERE WAS ALSO THE, THE, UM, $3 MILLION RECLAIMED WATER GRANT.
IS THAT PART OF THIS SCOPE? DO YOU KNOW? WAS IT A MILLION DOLLARS? I'M NOT SURE.
I'M NOT SURE WHICH ONE HE'S TALKING ABOUT.
DO YOU KNOW BRIAN? I THOUGHT THAT WAS FOR THE MASTER PLAN.
THAT'S FOR THE ENTIRE RECLAIMED WATER PROJECT, WHICH INCLUDES THE PUMPING CHANGES THAT WE'LL HAVE TO MAKE AS WELL AS SOME OF THE POND CHANGES THAT WILL BE MADE AT THE GOLF COURSE.
SO THAT WHOLE, IT'S ALL PART OF THAT SYSTEM THAT FEEDS THE, THE LINEUP TO THIS AREA, WHICH WILL ULTIMATELY GO INTO THE SPORTSPLEX AREA.
AND THAT LINE IS, IS UNDER DESIGN CURRENTLY GOING FROM THE GOLF COURSE AND THE, THE PUMP EXPANSION AND IMPROVEMENTS, AND THEN THIS RECLAIMED WATER LINE WILL BE READY TO RECEIVE THAT RECLAIMED WATER THAT WILL BE COMING UP FROM THE GOLF COURSE TO WATER THE FIELDS THERE.
IF THERE ARE NO OTHER QUESTIONS, IS THERE A MOTION? I'D LIKE TO MAKE A MOTION TO APPROVE AGENDA ITEM TO WHAT? IT'S RIGHT HERE.
IT'S RIGHT IN FRONT OF YOU, IS IT? YEAH, BUT WHAT'S AGENDA ITEM? WAS IT, IT'S FOUR TWO AGENDA ITEM TWO AUTHORIZE.
DO I, DO I NEED TO READ THIS? NO, NO SECOND.
THERE'S A MOTION AND A SECOND TO AUTHORIZE THE ADDITIONAL 10% CONTINGENCIES.
ANY OTHER QUESTIONS, COMMENTS? OKAY.
[3) Consider authorization of an additional $200,000 for the total project budget to the retail road facilities in the Brick and Mortar District.]
IS ITEM THREE.CONSIDER AUTHORIZATION OF AN ADDITIONAL $200,000 FOR THE TOTAL PROJECT BUDGET TO THE RETAIL ROAD FACILITIES IN THE BRICK AND MORTAR DISTRICT.
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SO AS WE TALKED ABOUT WITH THE LAST ITEM, UM, I'M JUST ADVANCING THROUGH SO WE DON'T NEED TO GO OVER THE SAME HISTORY SLIDES.
UM, THIS ITEM REALLY LOOKS AT THE BUDGET FOR THE, THE TOURS RATHER THAN JUST THE PROJECT, UM, WHICH, OR THE CONTRACT RATHER, WHICH IS WHAT WE TALKED ABOUT IN THE PREVIOUS ITEM.
SO OUR ORIGINAL T TWO UH, BOND WAS $8 MILLION.
UH, WE'VE ADDED 145,000 FROM THE CITY OF KYLE TO COVER RECLAIMED WATERLINE AT AWARD.
AND THEN WE'VE ADDED AN ADDITIONAL 239,000, UH, CITY OF KYLE FUNDS TO, UM, TO COVER THE ADDITIONAL SCOPE FOR, UH, THE RECLAIMED WATERLINE PLUS A $7,000, UM, ADDITION FROM THE CITY OF KYLE TO MOVE A PEC OVERHEAD LINE.
UM, SO THAT TAKES US TO OUR TOTAL BUDGET THERE OF $8,392,034 AND 60 CENTS.
UM, WHAT WE HAVE RIGHT NOW WITH THE BUDGET FOR THAT, WE'RE PROPOSING, UH, BECAUSE OUR NEEDS ARE IN FACT $200,000 MORE THAN THAT.
UM, WE'RE WITH THE, THE CONSTRUCTION CONTRACT THAT WE JUST APPROVED WITH HARRIS WITH A 15% CONTINGENCY.
SO THAT ORIGINAL 5% PLUS THE ADDITIONAL 10% IS THAT $7 MILLION FIGURE IN THE FIRST LINE.
UM, WE HAVE ENGINEERING FEES OF 1.1 MILLION, UM, PLUS THAT EXPENSE FOR THE OVERHEAD LINE REMOVAL AND A MISCELLANEOUS NON-CONSTRUCTION CONTINGENCY TO HELP COVER ANY THINGS THAT ARE COMING UP THAT AREN'T NECESSARILY, THAT ARE RELATED TO THE PROJECT, BUT NOT NECESSARILY RELATED TO THE CONSTRUCTION CONTRACT.
RIGHT? SO THAT SHOWS A DELTA OF $200,000.
AND SO OUR, OUR GOAL HERE WITH THIS ITEM IS TO INCREASE THE PROJECT BUDGET BY $200,000.
UM, SO WE WOULD INCREASE THE HARRIS CONSTRUCTION CONTRACT CONTINGENCY BEYOND THE APPROVED BUDGET OF SO ADDITIONAL 170,000 GOING INTO THE HARRIS CONTRACT.
AND THEN, UH, A NON-CONSTRUCTION CONTINGENCY TO COVER ANY UNEXPECTED NON-CONSTRUCTION ISSUES, IF THAT MAKES SENSE.
SO THIS IS LOOKING AT AUTHORIZING AN ADDITIONAL $200,000 FOR THE PROJECT BUDGET FOR THE RETAIL ROADS FACILITIES IN THE BRICK AND MORTAR DISTRICT.
ANY QUESTIONS, COMMISSIONER? MM-HMM.
THERE'S A MOTION AS A SECOND TO ANY QUESTIONS OR COMMENTS, IF NOT ALL IN FAVOR SAY AYE.
[4) Consider approval of a resolution to adopt the annual budget for the Kyle Tax Increment Reinvestment Zone Number Two (TIRZ No. 2) for Fiscal Year 2024-2025.]
NUMBER FOUR.CONSIDER APPROVAL OF A RESOLUTION TO ADOPT THE ANNUAL BUDGET FOR THE KYLE TAX INCREMENT REINVESTMENT ZONE NUMBER TWO FOR THE FISCAL YEAR, UH, 2024 THROUGH 2025.
UH, MR. MADAM CHAIR BOARD MEMBERS FOR THE RECORD, I'M PERVE MOHI CITY'S DIRECTOR OF FINANCE.
THIS ITEM BEFORE YOU IS A RESOLUTION ADOPTING FORMALLY ADOPTING THE TS TWO, UH, BUDGET FOR THE FISCAL YEAR 2024 DASH 2025.
I HAVE A FEW SLIDES THAT'LL WALK YOU THROUGH THE BUDGET REAL BRIEFLY.
SO THIS BUDGET COVERS 12 MONTHS FOR THE PERIOD OCTOBER 1ST, 2024 TO SEPTEMBER 30TH, 2025.
YOU'LL RECALL THAT T NUMBER TWO WAS CREATED AS A 50% PARTICIPATING REINVESTMENT ZONE.
IN OTHER WORDS, THE CITY AND COUNTY EACH CONTRIBUTE 50% OF TAX INCREMENT REVENUES INTO THIS TURS BUDGET FOR FISCAL YEAR 2024 DASH 2025 TOTALS $15,410,898.
THE SUMMARY AND ITEMIZED BUDGET ARE SHOWN ON THE NEXT FEW SLIDES THAT I'LL WALK YOU THROUGH, BUT THE DETAILED LINE ITEM BUDGET IS PROVIDED IN YOUR AGENDA ITEM.
SO HERE'S A QUICK, QUICK SUMMARY OF THE, OF THE BUDGET.
I WILL ONLY FOCUS ON THE LAST COLUMN, WHICH IS THE BUDGET FOR FISCAL YEAR 2025.
I HAVE PROVIDED ACTUAL NUMBERS FOR FISCAL YEAR 22, 23 AND YEAR TO DATE FOR FISCAL YEAR 2024.
SO THE BEGINNING FUND BALANCE FOR THE NEW FISCAL YEAR IS $6.7 MILLION TO THAT WE WERE ADDING REVENUE AND BOND PROCEEDS OF $9.8 MILLION.
THE EXPENDITURE REQUIREMENTS FORECASTED OR ESTIMATED FOR THE NEW FISCAL YEAR IS 15,410,898.
AND I'LL WALK YOU THROUGH THAT BRIEFLY, WHAT THAT'S MADE UP OF.
WE HAVE A SMALL BOND RESERVE REQUIREMENT OF $254,000.
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FUNDING ENDING FUND BALANCE OF $844,000.SO THESE ARE THE SOURCES OF FUNDS FOR THE NEW FISCAL YEAR.
PROPERTY TAX FROM THE CITY OF KYLE IS PROJECTED TO EQUAL $1.37 MILLION OR 14%.
PROPERTY TAX FROM THE COUNTY IS ABOUT $900,000 OR 9%.
INVESTMENT INCOME IS ABOUT HALF A MILLION ESTIMATED FOR THIS FISCAL YEAR OF 5% AND NEW BOND PROCEEDS OF ABOUT $7 MILLION OR 72%.
THESE ARE THE SOURCES OF FUNDS FOR THE FISCAL YEAR.
SO NOW LOOK, LET'S LOOK AT THE USES OF THOSE FUNDS.
SO WE HAVE FROM THE LEFT GOING CLOCKWISE, CIP ROUNDABOUTS.
WE HAVE THREE ROUNDABOUTS PLANNED IN THE T TWO DISTRICT.
THE ESTIMATED CASH OUTFLOW FOR THAT FISCAL YEAR IS $5.6 MILLION.
WE HAVE ILLUMINATION AS PART OF THAT ROUNDABOUT PROJECT, ABOUT $500,000 DEBT SERVICE ON EXISTING $8 MILLION.
AND THE NEW DEBT THAT WE WILL ISSUE DURING THE FISCAL YEAR IS A LITTLE OVER A MILLION DOLLARS.
WE HAVE OPERATIONS AND MAINTENANCE BUDGET FOR THE TURS IS ABOUT 250,000 OR 2%.
AND THEN WE HAVE THE ANNUAL TRANSFER OUT TO THE GENERAL FUND WHERE THE GENERAL FUND IS BEING REPAID, UH, $400,000.
AND THEN THE, THE LARGEST SLICE OF THE PIE HERE IS FOR THE RETAIL REWARDS THAT ROSIE JUST WALKED YOU THROUGH.
THE ESTIMATED CASH OUTLAY DURING THE FISCAL YEAR IS $7.6 MILLION OR 49%.
SO THIS IS A SUMMARY OF WHAT I JUST SHOWED YOU ON, ON THE PIE GRAPH.
I WON'T USE YOUR, UH, USE UP YOUR TIME HERE.
THIS IS THE LINE ITEM DETAIL BUDGET FOR NEXT FISCAL YEAR.
ALL THE INDIVIDUAL LINE ITEMS FOR REVENUES AND THE INDIVIDUAL LINE ITEMS FOR EXPENDITURES.
SO IF YOU LOOK AT THE THIRD FROM THE LA UH, FROM THE RIGHT THIRD COLUMN FROM THE RIGHT, THIS IS THE APPROVED, UH, THE BUDGET THAT YOU'RE APPROVING TONIGHT, THE TOTAL REVENUE ON LINE FIVE IS $9.8 MILLION.
TOTAL EXPENDITURES FORECASTED FOR THIS FISCAL YEAR LINE 17 IS $15.4 MILLION.
THAT LEAVES US A FUND BALANCE ON LINE 24 OF $844,000.
SO THE TS BOARD HAS THREE OPTIONS AS YOU CONSIDER THIS, UH, AGENDA ITEM, APPROVE THE RESOLUTION AS OPTION ONE.
OPTION TWO IS APPROVE THE RESOLUTION WITH ANY AMENDMENTS THAT YOU SOW DESIRE.
OR FINALLY OR LASTLY, DENY APPROVAL OF THE RESOLUTION.
THE CITY MANAGER AND STAFF RECOMMENDS APPROVAL OF THE RESOLUTION TO ADOPT A BUDGET FOR FISCAL YEAR 24 25 AS PRESENTED.
AND I'LL BE GLAD TO ANSWER ANY QUESTIONS Y'ALL MAY HAVE.
ANY, ANY QUESTIONS OR COMMENTS? YES, MR. COUNCIL MEMBER TOBIAS.
SO WE'RE GOING TO A CLOSE TO A 69% INCREASE.
IS THAT WHAT WE'RE LOOKING AT ON THE EXPENDITURES AS COMPARED TO THE CURRENT APPROVED BUDGET? YES SIR.
AND THAT'S BECAUSE WE'RE INCLUDING NOW EXPENDITURES FOR RETAIL ROADS.
WE HAVE THE ROUNDABOUTS THAT ARE COMING INTO CONSTRUCTION.
SO THOSE ARE THE EXPENDITURES THAT AS COMPARED TO THE YEAR BEFORE, WE DIDN'T HAVE THOSE EXPENDITURES.
WE HAD FIVE, 5.3 AND NOW WE'RE GOING TO 15 FOUR.
SO, UM, AND IT HAS TO DO WITH THE, AGAIN, LIKE YOU'RE SAYING THE THE ROADS AND THE PROPOSED ROUNDABOUTS.
RIGHT? SO THAT WAY THE RESIDENTS CAN BE AWARE OF WHY IT WENT ALMOST 70% INCREASE IN ONE YEAR ON WHY THE BUDGET'S THAT HIGH NOW.
'CAUSE WE GOT INFRASTRUCTURE THAT WE NEED TO GET IN PLACE AND ALL OF THE FUNDS FOR THESE EXPENDITURES ARE GONNA BE BORN BY THE TURS TO MM-HMM.
VERY LITTLE IS COMING FROM THE WATER UTIL WASTEWATER UTILITY FOR THE RECLAIM PORTION OF THE IMPROVEMENTS.
SO IS ANY OF THIS, UH, PAYMENTS NEED TO COME THROUGH FROM THE GENERAL FUND TO GET IT UP AND RUNNING? UH, NO SIR.
AS A MATTER OF FACT, GENERAL FUND IS, IS GONNA RECEIVE ABOUT $400,000 PAY, PAY BACK TO THE GENERAL FUND.
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ANY OTHER QUESTIONS? WITH THAT, UH, COMMISSIONER, I'D LIKE TO GO AHEAD AND MAKE AN APPROVAL, UM, RECOMMENDATION TO APPROVE AGENDA ITEM NUMBER FOUR.THERE'S A MOTION AND A SECOND.
ANY OTHER COMMENTS OR QUESTIONS? OKAY.
UM, I, NEXT ITEM MS. ADJOURNMENT THERE A MOTION TO ADJOURN? SECOND.