WEBVTT 1 00:00:00.000 --> 00:00:04.589 Morning. 2 00:00:04.589 --> 00:00:09.179 Or. 3 00:00:09.179 --> 00:00:13.739 How's it? 4 00:00:13.739 --> 00:00:21.809 So, it's December 15th meeting? Yeah 4th, all favor. 5 00:00:21.809 --> 00:00:29.370 Hi, Jack all Deerfield. Okay. Um. 6 00:00:29.370 --> 00:00:32.520 Colonial Deerfield who do we have on. 7 00:00:32.520 --> 00:00:38.490 Uh, from, uh, that project, Michael angeline. 8 00:00:38.490 --> 00:00:44.039 Yep, Mike, how are you? How you doing, Jack? Happy New year. Happy New Year too. 9 00:00:44.039 --> 00:00:47.759 Yep, and to you too. And your family we have, uh. 10 00:00:47.759 --> 00:00:53.969 Yeah, uh, Dan Degan? Yes, Dan. Degan it's a lot from unfortunately. 11 00:00:53.969 --> 00:00:59.759 God, who else? 12 00:00:59.759 --> 00:01:05.010 Hi, how are you, sir? How are you? Sorry good. 13 00:01:05.010 --> 00:01:11.879 Um, 1st, item on the agenda for old business is colonial Deerfield. Uh. 14 00:01:11.879 --> 00:01:18.180 We were informed by John John, that the, um. 15 00:01:18.180 --> 00:01:24.060 There was a potential buyer for the colonial Deerfield project. 16 00:01:24.060 --> 00:01:27.569 With us is, uh, Dan Degan. 17 00:01:27.569 --> 00:01:32.430 From, uh, from the, um, the attorney for. 18 00:01:32.430 --> 00:01:37.469 Well, tower and and N, and then also, uh, Andrew Cohen. 19 00:01:37.469 --> 00:01:47.010 Who is with the company itself on the other side will say is, uh, Mike, who is with the, uh, current owners. 20 00:01:47.010 --> 00:01:58.500 And then also, uh, John Manno, who was their attorney. So, uh, Mike, I don't know if you want to kind of lead it off and or who do you who would you prefer? 21 00:01:58.500 --> 00:02:10.979 Describe what what the purchases and experience of well, tower, et cetera. I'll let, um, I'll just say that, uh, you know, we developed the project years ago. 22 00:02:11.905 --> 00:02:25.495 We appreciate all the financial assistance that was provided. We've developed multiple transactions and in Unicode other comments, being 1 of them as well. 23 00:02:25.944 --> 00:02:33.025 We sold skyler a few a few years ago, and continue to manage skyler. 24 00:02:33.235 --> 00:02:47.245 We wanted to find a buyer that was going to continue to provide deliver the quality housing that we developed at Deerfield place in Utica. We found that in well, tower. They're a, a, they're committed to the long term. 25 00:02:47.245 --> 00:02:49.824 They're very excited about on this asset. 26 00:02:49.854 --> 00:02:50.455 They're a, 27 00:02:50.455 --> 00:02:50.844 a, 28 00:02:51.264 --> 00:02:53.574 they're a publicly traded re, 29 00:02:54.235 --> 00:02:59.335 they're just a phenomenal company and I'll let Andrew talk about well power and, 30 00:02:59.724 --> 00:03:00.354 uh, 31 00:03:00.384 --> 00:03:02.275 and themselves and everything that they're doing, 32 00:03:02.275 --> 00:03:04.314 but they're also going to retain us to manage it, 33 00:03:04.344 --> 00:03:06.715 which is very exciting to us as well. 34 00:03:09.810 --> 00:03:19.914 Yeah, so this is Dan digging before Andrew goes. So our request is that the consent to the transfer of the property to well tower, as you are? 35 00:03:19.914 --> 00:03:25.044 Well, tower has a tremendous track record over 40 years of operating major properties. 36 00:03:25.289 --> 00:03:30.840 Some of the major brands of housing, you'll sunrise assisted living and others are. 37 00:03:31.344 --> 00:03:39.625 Under their umbrella, they are looking to basically buy this property and not change anything in terms of the actual experience of the people living there. 38 00:03:40.405 --> 00:03:53.335 You know, it's a high quality facility, and we intend, as Mike said to operate this for the long run and we're just looking to keep the current structure that's in place in place with the new owner. 39 00:03:53.639 --> 00:03:58.560 Andrew, I don't know if you want to say anything more about wealth tower what your plans are done. 40 00:03:58.560 --> 00:04:05.759 That's pretty much. The idea is, that's what I said. I just want to say that we like to think of ourselves as long term holders. 41 00:04:05.759 --> 00:04:11.099 We're very excited about this asset. We're excited that United group is going to continue to manage it. 42 00:04:11.099 --> 00:04:17.129 And, uh, 1 thing that I'll just mention is we are very committed to this asset. 43 00:04:17.129 --> 00:04:28.108 And committed to deploying the necessary cafex over the over the years as a long term holder. That's something we focus on. And it's very important. And we're excited about this transaction. 44 00:04:33.238 --> 00:04:40.139 Or just a motion to approve correct? Correct. We're just consent to transfer. Correct. Okay. So, I don't know if there's any questions we. 45 00:04:40.139 --> 00:04:43.139 Hey, you have any questions. 46 00:04:45.028 --> 00:04:54.358 Welcome um, I'm just curious what's the balance of the benefits that are left? There will be assigned to. 47 00:04:54.358 --> 00:04:57.749 To the buyer. 48 00:04:57.749 --> 00:05:00.928 Okay. 49 00:05:00.928 --> 00:05:05.908 I don't have the specific years, John off the top of my head of how much longer they have. 50 00:05:05.908 --> 00:05:16.228 It's got to be probably around 10 years or so, Jack, I believe it says, John, I believe it's, it expires in 2031. 51 00:05:17.428 --> 00:05:22.019 Okay, thank you. Alright. Alright. Thank you. 52 00:05:23.579 --> 00:05:29.338 Can I get a motion to consent? 53 00:05:30.778 --> 00:05:34.978 2nd, all in favor. 54 00:05:34.978 --> 00:05:38.759 Host. 55 00:05:38.759 --> 00:05:51.478 Good luck guys, thank you very much. Very much. Our attorneys will talk to your attorneys and we'll work everything out. Get this done. Okay Thank you. Very much. Appreciate it. 56 00:05:51.478 --> 00:05:55.769 Thank you. Bye. Good seeing you again. Yep, you too. Thanks. Everyone. 57 00:06:00.959 --> 00:06:04.468 It's a project okay Johnson park up. 58 00:06:04.468 --> 00:06:12.209 Reference Gates and Reverend Meyers are with us along with Richard Brown has left the meeting. 59 00:06:12.209 --> 00:06:17.069 They are in the process of building. 60 00:06:17.069 --> 00:06:20.399 I believe 64 units. 61 00:06:20.399 --> 00:06:24.209 Of residential Pro, uh, um. 62 00:06:24.209 --> 00:06:36.569 Residential units, uh, half of, which are to be dedicated to, uh, homeless, and the other are for, uh, low to moderate income. Uh, they're, they'll build the. 63 00:06:36.569 --> 00:06:41.338 The living units along with the a community center. 64 00:06:41.338 --> 00:06:47.999 So, if Richard do you want to expound on that timeframes? Uh. 65 00:06:47.999 --> 00:06:52.798 General project inspiration for it, et cetera. That'd be great. 66 00:06:55.223 --> 00:07:09.834 Thank you, I will start also we have Steven Nadia from Ken Hayman representing project as well. Um, so I'll give a quick update on the project and then I'll turn it over the reference Gates and rubber Meyer as far as the inspiration. 67 00:07:10.223 --> 00:07:24.834 Uh, but this is 6,262 units of affordable housing spread out over 3 buildings surrounding Johnson park in the 1500 block, a West street and 1400 block west street, along with the 12,000 square foot community center. I worked for Rocket build development. 68 00:07:24.863 --> 00:07:31.853 We are partnering with Johnson park on this 9% tax credit project. We are currently, um. 69 00:07:38.543 --> 00:07:48.624 Going through the final approval processes for financing with a targeted closing date of, uh, late March of this year. 70 00:07:49.163 --> 00:07:56.574 Um, from there, it would be a 15 month construction period with lease up anticipate to happen middle of 2023. 71 00:08:00.389 --> 00:08:05.423 We've received our award of tax credits from New York state homes and community renewal. 72 00:08:05.963 --> 00:08:16.434 We've also received the navigation of support housing opportunities, program, money, shop and Seattle funding for the community center. 73 00:08:16.793 --> 00:08:26.184 The project was also awarded building some excellence awards from neisseria for its passive house construction. Uh, we received that award. 74 00:08:26.728 --> 00:08:32.999 In the spring of 2020, and those funds will off. So, uh, go towards project. 75 00:08:32.999 --> 00:08:42.328 Uh, we also have, uh, funding coming in from the city of and almost housing assistance Corporation. 76 00:08:42.328 --> 00:08:48.599 Yes, we're so grateful to have the opportunity to. 77 00:08:48.599 --> 00:08:53.578 Kind of continue to be changing Johnson part. 78 00:08:53.578 --> 00:08:57.239 Since 96. 79 00:08:57.239 --> 00:09:00.509 Uh, projects have been. 80 00:09:00.509 --> 00:09:08.759 Done mainly between the city of and the homeless housing and assistance program and just so grateful to be. 81 00:09:08.759 --> 00:09:17.428 Partnering with a rock, and they were referred to us from and also, uh, Hudson construct. 82 00:09:17.428 --> 00:09:23.969 Hudson housing credits and, you know, we've got J. P. Morgan that's doing the construct. 83 00:09:23.969 --> 00:09:31.889 Hello, who are rewarded us the low income tax credits. 84 00:09:31.889 --> 00:09:35.908 And, uh, for us, this is like the next, uh. 85 00:09:35.908 --> 00:09:43.889 Of bringing revitalization into Johnson park community. Uh, we have currently, uh, 33. 86 00:09:43.889 --> 00:09:47.009 Apartments supportive housing units. 87 00:09:47.009 --> 00:09:57.599 And with this new project, we're excited because we're gonna not already doing, um, supported housing for the homeless, or we're going to have 31 units. 88 00:09:57.599 --> 00:10:05.278 That will be for affordable units and we'd like to say, uh, because most people know us for having programs. 89 00:10:05.278 --> 00:10:13.019 And those 31 units that will be affordable, There'll be no program, uh, attached to it. 90 00:10:13.019 --> 00:10:16.168 And, uh, it's a great need. 91 00:10:16.168 --> 00:10:20.668 For having these units 51 building. 92 00:10:20.668 --> 00:10:26.219 Unit will have with 1 bedroom apartments and, uh, we would specifically. 93 00:10:26.219 --> 00:10:31.708 Informed and studies have shown that there is just such a great need. 94 00:10:31.708 --> 00:10:36.989 For providing these apartment 1 bedroom apartments. 95 00:10:36.989 --> 00:10:41.369 We also will be, uh, we're working with the seniors. 96 00:10:41.369 --> 00:10:45.239 Uh, in the project, so it is really just. 97 00:10:45.239 --> 00:10:54.869 Moving to the next step we talk about the units and then we now with the expansion of our community center. 98 00:10:54.869 --> 00:11:05.308 Uh, there is just no way that we will be able to serve those 62 new, uh, households, the units that will be coming, uh, into Johnson par. 99 00:11:05.308 --> 00:11:08.668 So that expansion input. 100 00:11:08.668 --> 00:11:13.318 Community Center will be the 1st start with food pantry. 101 00:11:13.318 --> 00:11:16.739 And, um, also, um. 102 00:11:16.739 --> 00:11:22.678 With various classrooms with teaching different things like that. I'm going to let Rob and Mike. 103 00:11:22.678 --> 00:11:29.129 The equipment and just admit, but we have been working for years. 104 00:11:29.129 --> 00:11:33.298 As, you know, what our various projects and we're just so grateful. 105 00:11:33.298 --> 00:11:37.528 So, I have such a wonderful team that has, uh. 106 00:11:37.528 --> 00:11:42.328 Been joined with us 23 continual positive change. 107 00:11:42.328 --> 00:11:45.808 And Johnson park, so is going to talk about. 108 00:11:45.808 --> 00:11:49.619 The other part is and how you've been working with us. 109 00:11:49.619 --> 00:11:56.519 And about our food pantry and whatever else is on Thank you. Bye. Bye. 110 00:11:56.519 --> 00:12:02.999 So, um, screen shared, we have 33 apartments and with. 111 00:12:03.563 --> 00:12:17.183 Presently 13 building, so it will be easier that projects. It's only going to be 4 buildings with 62 apartments. So that makes a big difference in maintaining it. We have done a great job drive into Johnson. 112 00:12:18.328 --> 00:12:23.278 Whatever we have, we were able to maintain its beautiful, nice and clean. 113 00:12:23.278 --> 00:12:31.349 So, the contractor on the architect, as is, the architect is the. 114 00:12:31.349 --> 00:12:41.063 Contractor, who was going to do the project it's approximately 18 months and, you know, everybody's affected which delay. 115 00:12:41.063 --> 00:12:48.413 So, I hope when we start in March, April, that kind of will be lifted up a little bit. 116 00:12:48.509 --> 00:12:56.548 Our food pantry, even yesterday and the day before we were all in the freezing cold and handed off food. 117 00:12:56.548 --> 00:12:58.254 So, we have thrown it out. 118 00:12:58.494 --> 00:13:11.604 We have served the whole night county with during this pandemic we were before epidemic and right now we're the largest food pantry in upstate New York. 119 00:13:11.964 --> 00:13:16.703 Uh, according to the food bank of Central, New York, we have served 2000 house. 120 00:13:19.259 --> 00:13:27.234 Of months, so every week we have gotten the truck, the trailer for food that was passed on to the community. 121 00:13:27.443 --> 00:13:34.524 So we have been able to ease the stress of many people during the pandemic. 122 00:13:34.769 --> 00:13:41.099 And so we're very grateful presently we have in each contract for 8 units. 123 00:13:41.099 --> 00:13:54.298 So, with that contract, we are sitting on the 75,000 dollars stuff comes in to operate to maintain to hire employees. That is a state contract. 124 00:13:54.298 --> 00:14:09.028 Uh, it's, uh, we have the award letter for it, and we're working with to finalize it work on the budget. So employees will be there, uh, to support the residents. 125 00:14:09.028 --> 00:14:20.308 To assure safety and security off the building and as, you know, safety is not an issue in Johnson park, because we both lived there and we have been able to prove. 126 00:14:20.308 --> 00:14:25.708 That we certainly will maintain it and the extra manpower will help. 127 00:14:25.708 --> 00:14:33.119 That this will be a safe and beautiful place. Yes. And just want to add that the technology. 128 00:14:33.119 --> 00:14:47.129 As, you know, we are total, and as a total we have special emphasis on green technology and so, Mr brown brought out that this is going to be a passive house project. 129 00:14:47.129 --> 00:14:53.339 But in our history, we have currently 16, uh, units. 130 00:14:53.339 --> 00:15:02.578 That are the platinum certified in in the inner city it's just amazing. And those units. 131 00:15:02.578 --> 00:15:07.288 So efficient it makes such a difference. 132 00:15:07.288 --> 00:15:11.188 When you have quality, um. 133 00:15:11.188 --> 00:15:15.538 Escalating and all those things that he. 134 00:15:15.538 --> 00:15:24.418 Of the operating and keep the operating calls down maintenance costs down and that needs more money. 135 00:15:24.418 --> 00:15:35.759 That can be used for the program. The same thing will be happening as we are expanding the community center. That will also be green. We're looking to have. 136 00:15:35.759 --> 00:15:50.214 Uh, the platinum certification, because, uh, you know, when you're dealing with the population that we are, you know, there is a question always about. Will you be able to maintain? Will you be able to operate once it's built? 137 00:15:50.573 --> 00:15:51.354 And so. 138 00:15:51.658 --> 00:15:56.519 With the fact that we are looking ahead forward thinkers. 139 00:15:56.519 --> 00:16:03.389 Uh, for the long haul that last long time, the community center will last a long time. 140 00:16:03.389 --> 00:16:06.599 And the cost to maintain. 141 00:16:06.599 --> 00:16:17.668 Uh, and repair will be low because everything is green. So we are definitely very excited about project in our neighborhood. 142 00:16:17.668 --> 00:16:31.649 Uh, and our neighbors, and we've got it, I'm making sure that everyone understands the 3 technology is and maybe they want to get involved and we're gonna make sure that all those, that server. 143 00:16:31.649 --> 00:16:40.798 Granting incentive and different things, uh, will be a part of the project as we are. A part of the heat pump. 144 00:16:40.798 --> 00:16:45.448 A project that the city of Utica has. I know it got stopped the. 145 00:16:45.448 --> 00:16:51.089 In the middle of this pandemic, but we're still rolling and we're looking forward to. 146 00:16:51.089 --> 00:16:56.519 Our, uh, is the housing that we already have, those 13 buildings. 147 00:16:56.519 --> 00:17:01.769 We are looking to make all of those green too so you have any questions. 148 00:17:04.108 --> 00:17:08.909 I was like a great project. It's amazing. 149 00:17:08.909 --> 00:17:16.439 Anybody got any questions, John. John Mark, I'm going to read the. 150 00:17:16.439 --> 00:17:20.368 Well, I remember correctly from your application that you already owned the land. 151 00:17:21.449 --> 00:17:24.989 Yes, we own all the company. Yes, we do. 152 00:17:24.989 --> 00:17:36.209 Thank you. Okay. Okay. We're here to consider it an inducement resolution relating to the Johnson park green living LLC facility. 153 00:17:36.209 --> 00:17:41.429 Granting preliminary approval for financial assistance in the form of real property tax exemptions. 154 00:17:41.429 --> 00:17:46.169 Estimated value 1.461. 155 00:17:46.169 --> 00:17:58.048 332Million dollars for a period of 32 years, which is a deviation from the agencies uniform, tax exemption policy and authorizing the agency to conduct a public hearing. 156 00:17:58.048 --> 00:18:05.638 Also consider a secret resolution relating to the Johnson part green, living LLC facility. 157 00:18:05.638 --> 00:18:12.568 The city of you to go playing board, acted as lead agency for the secret review and determined done. 158 00:18:12.568 --> 00:18:17.459 August 3rd, 2021 that the project is an unlisted action. 159 00:18:17.459 --> 00:18:22.648 And the agency adoption lead agencies, findings and determination. 160 00:18:24.028 --> 00:18:27.538 Okay, get a motion to accept. 161 00:18:27.538 --> 00:18:31.739 Back in John. 162 00:18:31.739 --> 00:18:38.519 All in favor. All right. Good luck, Robin, thank you. All the project. 163 00:18:38.519 --> 00:18:44.098 Bye okay. Thank you. 164 00:18:44.098 --> 00:18:50.548 Thank you. Bye. Bye. Bye. Bye. Bye. Bye. Bye. Thanks, David. Thank you. 165 00:18:50.548 --> 00:18:54.328 Alright, here we go. 166 00:18:54.328 --> 00:19:00.659 Okay, um, with us, we have James treasurer and, uh. 167 00:19:00.659 --> 00:19:05.939 I'm going to kill your last name, Wendy, but, you know. 168 00:19:05.939 --> 00:19:09.479 You know, actually you did very well. 169 00:19:09.479 --> 00:19:12.808 Okay, see, is the French French. 170 00:19:12.808 --> 00:19:18.479 Yes, it is. Okay. Um, so. 171 00:19:18.479 --> 00:19:22.949 We get a application from this application from the. 172 00:19:23.969 --> 00:19:32.669 Applicant 1, year ago, 1, year ago to build an out building under 1002 there. 173 00:19:32.669 --> 00:19:45.628 They're due to covert and rising projects on hold for a look. Good. Stay with the. 174 00:19:45.628 --> 00:19:53.818 The auto parts store move into a building since their time. 175 00:19:53.818 --> 00:20:00.479 Is going to be occupying the occupying and. 176 00:20:00.479 --> 00:20:06.479 And, uh, so, uh, Jim, if you can talk a little bit about the project about the project, what else do you. 177 00:20:06.479 --> 00:20:11.398 What else do you have to do for that property to the property? 178 00:20:13.558 --> 00:20:24.538 Okay, thank you. All, thank you Jack. Uh, uh, just, uh, there's huge feedback. Do you have your feedback on your side? 179 00:20:24.538 --> 00:20:28.078 We go we go. 180 00:20:28.523 --> 00:20:33.023 Okay, guys my brain out early in my morning earlier. 181 00:20:33.773 --> 00:20:48.713 So previously we were looking at the expansion and United Auto supply from the existing building to June 21,600 square foot building but for negotiations with they wanted to expand their treatment facility 182 00:20:48.713 --> 00:20:51.864 at this locality. 183 00:20:51.864 --> 00:20:52.673 Actually, 184 00:20:52.703 --> 00:20:58.284 being their current facility in the existing building and occupying 20,000 dollars over the new building, 185 00:20:58.284 --> 00:21:02.963 they will create new jobs at the facility, 186 00:21:04.433 --> 00:21:04.733 United, 187 00:21:04.733 --> 00:21:09.384 all the supply chain and our existing facility. 188 00:21:09.384 --> 00:21:16.973 So it's really a benefit to the community to the community there as everyone knows. 189 00:21:17.003 --> 00:21:26.663 This is so there's still real estate, spent a lot of money cleaning up the site, but there's still additional cleanup that needs to be done as part of the site work. 190 00:21:26.663 --> 00:21:33.442 So we previously had been approved, just looking to modify so that the. 191 00:21:36.269 --> 00:21:44.009 Um, job creation, salaries, things that, uh, we have to report to Jack on a yearly basis. 192 00:21:44.009 --> 00:21:48.749 Are correct and accurate so those updates are reflected. 193 00:21:48.749 --> 00:21:54.838 In the application, and the supporting documentation that has been provided. 194 00:22:00.179 --> 00:22:14.038 That's the general overview that Jack stood up. 195 00:22:14.038 --> 00:22:18.929 Gave her. 196 00:22:18.929 --> 00:22:24.749 Yes, we had to prove this project a year ago, but then every, it lapsed. 197 00:22:24.749 --> 00:22:29.519 Uh, again, because of the cobit and just outside forces. 198 00:22:32.308 --> 00:22:35.818 No, no, the the secret stays the same. 199 00:22:35.818 --> 00:22:40.858 Uh, same size building as they were originally anticipating. And if you recall. 200 00:22:40.858 --> 00:22:45.719 With this project, the out building was originally called out for. 201 00:22:45.719 --> 00:22:53.878 Uh, yes, for a grocery store, it was going to be a nice and easy the gas station, a little restaurant type of deal but, uh. 202 00:22:53.878 --> 00:22:57.479 I can't remember the the gentleman's last name, John something he had passed away. 203 00:22:57.479 --> 00:23:05.338 So that was it John McDougall from nice and easy when we were going through the negotiations issues and. 204 00:23:05.338 --> 00:23:12.659 Sold the business and passed away. So originally this, you know, there was an old building that was expected on the property. 205 00:23:12.659 --> 00:23:20.608 So, then they eventually came to us, made some out of, you know, we're going to make some modifications in the existing building. 206 00:23:20.608 --> 00:23:23.669 And then stick the auto parts out last time. 207 00:23:23.669 --> 00:23:26.759 But now is going to occupy that space. 208 00:23:26.759 --> 00:23:30.959 And the auto parts store will just stay in place where they're. 209 00:23:32.368 --> 00:23:36.628 What is it, um. 210 00:23:36.628 --> 00:23:43.919 Um, yeah, right now, it's it stands at 4. 0 4.5. 211 00:23:43.919 --> 00:23:47.548 Um, I, I don't have it with me, John. I'm sorry. 212 00:23:50.608 --> 00:23:57.929 No, the pilot, uh, I sent that along to everybody. So the only thing that they would have gained is. 213 00:23:57.929 --> 00:24:02.398 Having 3 years left in the pilot of the existing project. 214 00:24:02.398 --> 00:24:06.269 Versus the 2 that they have now so then they'll pay the. 215 00:24:06.269 --> 00:24:16.469 Whatever the existing pilot is then they'll just add it to the the 5 year pilot that we have for this new. 216 00:24:16.469 --> 00:24:25.138 Okay, so it only last a couple of years, and then they'll just live off the pilot of the new facility for the 3 or 3 remaining years. 217 00:24:25.138 --> 00:24:30.058 And then be paying full assessed value on the existing building. 218 00:24:54.898 --> 00:24:58.919 No. 219 00:25:00.598 --> 00:25:04.499 Okay. 220 00:25:06.989 --> 00:25:12.868 I, I, I can't hear you Jack or Dan. 221 00:25:12.868 --> 00:25:17.219 No, I muted. I muted him, but it doesn't mean that he couldn't hear it. 222 00:25:17.219 --> 00:25:20.308 Yeah, so I'm not sure. 223 00:25:20.308 --> 00:25:28.888 I couldn't here. 224 00:25:36.179 --> 00:25:41.128 I think he's throwing his arms up right now. Yeah, I'm trying. I'm. 225 00:25:42.449 --> 00:25:48.598 John. 226 00:25:49.798 --> 00:25:53.429 Okay, thank you. 227 00:25:53.429 --> 00:26:00.148 And I'm going to read the yeah, Jim. 228 00:26:00.148 --> 00:26:04.648 Yeah, well, yeah, it was someone to read the, uh, uh. 229 00:26:04.648 --> 00:26:16.888 Spiel here anyways, consider an inducement resolution relating to the 1000 to us. We go street facility, granting preliminary approval for financial assistance in the form of exemptions from sales tags. 230 00:26:16.888 --> 00:26:21.269 Estimated value at 218,750 dollars. 231 00:26:21.269 --> 00:26:31.679 Exemptions from mortgage, recording tags, you estimated at 18,750 dollars and reduction of real property tax for the. 232 00:26:31.679 --> 00:26:36.808 5 years estimated at 863,149 dollars. 233 00:26:36.808 --> 00:26:44.548 Which is a deviation from the agency's uniform tax exemption policy and authorizing the agency to conduct a public hearing. 234 00:26:46.828 --> 00:26:50.038 Yep. 235 00:26:55.108 --> 00:27:02.249 Yeah, that's why we're getting a new computer into new fixing so we're not going to be able to ship stuff. 236 00:27:05.939 --> 00:27:09.479 James, can you hear me. 237 00:27:11.548 --> 00:27:16.348 Yes. Okay. Uh, you guys are all set. Okay. 238 00:27:16.348 --> 00:27:23.578 I'll be in touch with you and we'll and we'll just keep working through the process keep working through the process. 239 00:27:23.578 --> 00:27:29.638 Okay, thank you. Sounds great Wendy. Good seeing you again. Thank you. Thank you. Thank you again. Thank you. 240 00:27:29.638 --> 00:27:33.239 Thank you. Yeah, bye. Bye. Bye. Bye. 241 00:27:33.239 --> 00:27:37.169 Good. Okay. Okay. 242 00:27:37.169 --> 00:27:41.489 Um, that's that. 243 00:27:41.489 --> 00:27:45.358 Now, I got no other no applications in the hopper. 244 00:27:45.358 --> 00:27:49.318 Um, you know, people are still talking about, like the, the, um. 245 00:27:50.489 --> 00:27:57.148 Uh, hotel street, so they're still looking to do that, but cove it and. 246 00:27:57.148 --> 00:28:02.848 Some issues here and there. Yep. 247 00:28:02.848 --> 00:28:07.739 Yeah, so that should start moving the marriage enterprise announcement with that. 248 00:28:11.969 --> 00:28:15.719 No, no, I mean, it's considerably smaller than this. I don't know if it will. 249 00:28:17.009 --> 00:28:20.699 Oh, really? Oh, interesting. Um. 250 00:28:24.598 --> 00:28:28.709 Yeah, yeah, it can be a little contentious there. 251 00:28:28.709 --> 00:28:35.759 Okay, um. 252 00:28:35.759 --> 00:28:39.479 Uh, motion to adjourn. 253 00:28:42.209 --> 00:28:43.048 All right.