[I) Call Meeting to Order and Roll Call]
[00:00:08]
12 P.M. IT IS TUESDAY, JULY 15TH, AND I'M GOING TO CALL THIS A SPECIAL CITY COUNCIL MEETING TO ORDER WITH THE CITY SECRETARY. PLEASE CALL THE ROLL. MITCHELL HERE. KAISER HERE.
RIZZO. PRESENT. ZUNIGA. HARRIS HERE. MCKINNEY. TOBIAS. ALL FOUR MEMBERS PRESENT. WE HAVE A
[II) Citizen Comment Period with City Council]
QUORUM. NEXT UP IS CITIZEN COMMENTS. WE ASK ANYONE WHO WANTS TO COME SPEAK ON ANY ITEM TO PLEASE DO SO. WE ASK THAT YOU LIMIT YOUR COMMENTS TO THREE MINUTES. I HAVE MR. JAMES HAWTHORNE. GOOD EVENING MAYOR. COUNCIL MEMBERS, MY NAME IS JAMES HAWTHORNE. I'M A REAL ESTATE PROFESSIONAL HERE IN KYLE. I WORK FOR THE CASTLE ROCK COMMUNITIES DOWN THE STREET IN PARAMOUNT. I LOVE HELPING FAMILIES FIND HOMES IN THE COMMUNITY, BUT LATELY I'VE SEEN TOO MANY LOSE HOPE. NOT BECAUSE HOMES AREN'T AVAILABLE, BUT BECAUSE MORTGAGE PAYMENTS ARE NOW UNATTAINABLE. INTEREST RATE HIKES HAVE PUSHED BUYERS OUT OF THE MARKET ENTIRELY. I'VE WATCHED FAMILIES WALK AWAY NOT OVER ASKING PRICE, BUT OVER THE MONTHLY PAYMENTS AND HOW HIGH THEY'VE BECOME. THIS ISN'T JUST ABOUT REAL ESTATE. IT'S ABOUT ECONOMIC ACCESS, COMMUNITY STABILITY AND THE FUTURE OF KYLE. I UNDERSTAND INTEREST RATES ARE SET NATIONALLY, BUT WE STILL HAVE TOOLS AT THE LOCAL LEVEL. SUPPORT FIRST TIME HOME BUYERS, INCENTIVES FOR MORE AFFORDABLE HOUSING, COLLABORATIONS WITH LEADERS TO OFFER RELIEF. IF WE WANT KYLE TO REMAIN A PLACE WHERE PEOPLE CAN PLANT ROOTS, WHERE TEACHERS, NURSES, YOUNG FAMILIES CAN LIVE.WE MUST ACT. THANK YOU FOR THE OPPORTUNITY TO SPEAK. I'M HERE BECAUSE I CARE AND I WANT TO BE PART OF THE SOLUTION. ALL RIGHT. THANK YOU VERY MUCH. IS THERE ANYONE ELSE WHO HAS A FORM WANTS TO SPEAK? ALL RIGHT. SEEING NONE, WE'LL CLOSE. CITIZEN COMMENTS. CITIZEN COMMENTS IS
[III) Executive Session]
NOW CLOSED. SO NEXT UP WILL BE EXECUTIVE SESSION. CITY COUNCIL WILL NOW GO INTO EXECUTIVE SESSION TO DISCUSS AGENDAS. AGENDA ITEMS ONE A THROUGH M PURSUANT TO TEXAS GOVERNMENT CODE SECTIONS 551 .0715, 51.0725, 51.074 AND 551 JUST PLO ME. IN THREE MINUTES. AND WE.TRAVIS. LET'S GO. COME ON. ALL RIGHT, I'M GOING TO CALL THIS MEETING BACK TO ORDER. THERE WAS NO ACTION TAKEN DURING EXECUTIVE SESSION. THERE WILL
* This transcript was compiled from uncorrected Closed Captioning.