Aug 13, 2026 Odessa Development Corporation

[1. Call to Order]

[00:00:09]

3:00 ODYSSEY MEETING. COME TO ORDER. WE'RE GOING TO HAVE INVOCATION BY RONNIE. WOULD YOU BOW YOUR HEADS, PLEASE? HEAVENLY FATHER, WE COME TO YOU TODAY AND WE ASK YOU TO LEAD US AND GUIDE US. WE THANK YOU FOR OUR TIME TOGETHER. THANK YOU FOR THE ABILITY AND THE OPPORTUNITY TO HEAR FROM YOU, TO LEAD THE CITY AND TO DO THE THINGS THAT WOULD BE BENEFICIAL.

THANK YOU LORD, TODAY THAT WE DO EVERYTHING WITH GRACE AND MERCY AND IN DECENT AND IN ORDER. AND WE BLESS YOU AND THANK YOU TODAY. IN JESUS NAME WE PRAY. AMEN. TIM, IF YOU'LL LEAD US IN THE PLEDGE, OKAY. PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA AND TO THE REPUBLIC FOR WHICH IT STANDS, ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL. TO THE TEXAS FLAG. HONOR THE TEXAS FLAG. PLEDGE ALLEGIANCE TO THEE.

TEXAS. ONE STATE UNDER GOD, ONE AND INDIVISIBLE. OKAY. OKAY. WE GOT TWO SETS OF MINUTES. JULY

[4. Consider the Minutes of July 9, 2026, and July 23, 2026 ]

THEY MAY NOT BE ABLE TO HEAR YOU, THOUGH. COME ON. OKAY. CAN YOU HEAR ME NOW? YEAH. WE'VE GOT TWO SETS OF MINUTES IN THE PACKAGE. ONE FOR JULY THE 9TH AND ONE FOR JULY THE 23RD. DOES ANYBODY EVERYBODY READ THOSE? GOT ANY ISSUES? PROBLEMS WITH THEM? DID I HEAR A MOTION? WE APPROVE THEM. WE CAN DO THEM SEPARATE OR COMBINED. I GUESS Y'ALL WANT TO COMBINE IS FINE.

YEAH, I WOULD APPROVE. IS THAT A MOTION? MOTION TO APPROVE? SECOND. ALL IN FAVOR? AYE.

ANYONE OPPOSED? OKAY. APPROVED. AND I GUESS WE CITIZENS COMMENT IF THERE'S A CITIZEN COMMENT. I DON'T KNOW IF WE GOT ANY CARDS FILLED OUT. SO. OKAY, SO I GUESS WE WON'T HAVE ANY OF

[6. Presentation and discussion of ODC Contractor reports]

GOOD AFTERNOON. I WILL KEEP IT SHORT BECAUSE YOU HAVE A FAIRLY LENGTHY AGENDA. YOU HAVE MY REPORT IN FRONT OF YOU. I THINK YOU'VE ALL BEEN THROUGH IT. I'LL BE HAPPY TO GO THROUGH ANYTHING THAT THAT I NEED TO HIGHLIGHT ON THAT. YOU SEE, OUR CURRENT PROJECTS, OUR WORKFORCE DEVELOPMENT ACTIVITY, ALSO BUSINESS RETENTION AND EXPANSION. I DO WANT TO TOUCH ON THAT FOR A MINUTE. WE AS YOU KNOW, Y'ALL PASSED A OR APPROVED A REQUEST FROM CHRISTIE AND CURRENT MEDIA LAST MEETING WITH REGARDS TO A BRE PROGRAM. WE KICKED THAT OFF THIS WEEK. I KNOW WE'VE SPENT OUR OFFICE HAS SPENT THE LAST COUPLE OF DAYS GOING OUT AND INTERVIEWING SOME BUSINESS LEADERSHIP. I THINK WE MET WITH 5 OR 6 DIFFERENT BUSINESSES OR ORGANIZATIONS EACH DAY. Y'ALL SHOULD HAVE RECEIVED A SURVEY FROM JASON CROYDON WITH REGARDS TO A SURVEY. I DON'T KNOW IF ANY OF YOU HAVE DONE THE SURVEY. I WOULD REQUEST THAT YOU PLEASE DO SO. THEY WOULD LOVE YOUR INPUT. I KNOW MR. BLACKSTONE, YOU HAD A. YOU ACTUALLY YOU MAY NOT HAVE THE SURVEY BECAUSE YOU HAD A FACE TO FACE MEETING WITH THE REPRESENTATIVE YESTERDAY, BUT IF YOU DID RECEIVE A LINK FOR THE SURVEY, I WOULD LIKE TO ENCOURAGE YOU TO TO FILL THAT OUT. WE WOULD LOVE YOUR INPUT. OBVIOUSLY, YOU'VE YOU'RE INVOLVED WITH ECONOMIC DEVELOPMENT AND EVERYTHING THIS PROGRAM DOES AND WOULD ENCOURAGE YOU TO FILL THAT OUT IN THE NEXT DAY OR SO. IN ADDITION TO THAT, A GROUP OF US WENT, I WANTED TO HIGHLIGHT LAST WEEK TO DALLAS. I THINK WE TOOK 11 INDIVIDUALS, INCLUDING MYSELF, TO. TOUR A DATA CENTER, AND IT WAS A 285 SQUARE FOOT CENTER, 43MW. I BELIEVE THESE ARE APPROXIMATE NUMBERS. WE WERE LOOKING FOR THINGS THAT THAT WE'VE BEEN TOLD WITH REGARDS TO POWER NEEDS, NOISE AND WATER. AND WHAT WE FOUND IS KIND OF WHAT WHAT OUR OFFICE HAS BEEN PREACHING FOR A LITTLE WHILE. THE INFORMATION THAT THAT YOU SEE OUT THERE ON THE INTERNET IS, IS OLD. MAYBE IT'S NOT MISINFORMATION, IT'S JUST OUTDATED. AT LEAST THE CENTER WE WE TOURED AND THAT'S ONE OF THE JOINT VENTURE PARTNERS THAT'S LOOKING AT PUTTING A, A LARGE PROJECT HERE JUST OUTSIDE OF CITY LIMITS, ELECTRICITY WOULD BE BEHIND THE THE GRID OR EXCUSE ME, BEHIND THE METER TO BE PROVIDED FOR THAT. THEY'RE ALL GOING TO THAT. OBVIOUSLY, THERE'S A LOT OF PUSH WITH THE

[00:05:04]

AND BASICALLY THEY DON'T HAVE TO CHANGE THAT MOVING FORWARD. THEY DON'T DEAL WITH EVAPORATION OR ANYTHING. THERE IS, I CAN'T REMEMBER HOW MANY YEARS INTO THE PROCESS. THEY WILL PULL THE WATER OUT, CLEAN THE, THE, THE CLOSED LOOP SYSTEM, AND INJECT THAT SAME WATER BACK INTO THE SYSTEM. AND SO THEY DON'T HAVE TO DO ANOTHER 150, 000 GALLON CHARGE OF WATER AT ANY POINT, AND THEN MOVING FORWARD ON A DAILY BASIS, THEY SAID THEY USE THAT PARTICULAR LOCATION, USES ABOUT 5000 GALLONS OF WATER A DAY, WHICH IS FOR THEIR EMPLOYEES.

RIGHT. AND ANOTHER THING I LEARNED ON THEIR IN ONE, I LEARNED DATA CENTERS DON'T SELL THEMSELVES VERY WELL, BUT EMPLOYMENT'S HIGHER. WHEN YOU CONSIDER SECURITY, THE EMPLOYEES OF THE HYPERSCALER AND THE EMPLOYEES OF THE BUILDING OPERATOR, WHICH IS THE COMPANY WE'RE ACTUALLY TALKING TO THAT PARTICULAR ONE, WHICH WOULD BE MUCH SMALLER THAN THE PROJECT WE'RE WORKING WITH. THEY'RE ROUGHLY 50 TO 60 EMPLOYEES. AND LIKE I SAID, THAT WOULD BE MUCH SMALLER THAN WHAT WE'RE WE'RE DEALING WITH. AND, AND SO NOW I THINK WE'RE LOOKING AT 200 EMPLOYEES PLUS ON THE PROJECT WE'RE WORKING WITH. AND SO I JUST WANTED TO KIND OF HIGHLIGHT SOME OF THAT FROM, FROM THE TOUR. I DON'T KNOW IF Y'ALL HAD ANY CHANCE TO TALK TO YOUR FELLOW BOARD MEMBERS. I KNOW THE TWO OF Y'ALL WENT. WE HAD A COUPLE OF COUNTY COMMISSIONERS, THE COUNTY JUDGE, ONE CITY COUNCILMAN, SOME MEMBERS OF MY TEAM, THE RENEE, THE CEO OF THE CHAMBER ALSO ATTENDED, AND I'M SURE ANY OF US WOULD BE HAPPY TO ANSWER ANY QUESTIONS WITH REGARDS TO THAT PROJECT. AND THAT'S REALLY WHAT I WANTED TO TOUCH ON. I KNOW Y'ALL HAVE A NUMBER OF PROJECTS TO CONSIDER TODAY IN ADDITION TO THE BUDGET.

I'D BE HAPPY TO ANSWER ANY QUESTIONS AT THIS TIME. IF YOU HAVE ANY, ANY QUESTIONS OR. TOM.

AND ONE LAST ENCOURAGEMENT TO TO FILL OUT THAT SURVEY, IF YOU GET A MOMENT. I DID IT YESTERDAY. TAKES BARELY TEN MINUTES. SO AND WE THANK YOU IN ADVANCE FOR DOING THAT. THANK YOU, THANK YOU. ALL RIGHT. CURRENT MEDIA PARTNERS, WE'RE JUST GOING TO LOOK AT THE PACKET. OR DO YOU HAVE ANYTHING YOU WANT TO TELL US. OKAY. DOES ANYBODY HAVE ANY QUESTIONS? NO.

I'M GOOD. OKAY. IT'S IN YOUR PACKAGE. BLACK CHAMBER OF COMMERCE IS IN YOUR PACKAGE.

HE'S NOT HERE. I DIDN'T SEE ANYTHING NEW IN THAT PACKAGE. THAT WAS NEW. NEW NEWS. UTPB.

IT'S IN THE PACKAGE AS WELL. HE'S STILL DOING COUNSELING OUT THERE, AND MOTRIN IS IN THE PACKAGE. SO DO WE NEED TO APPROVE THOSE OR JUST AS IS, OR DO I NEED TO DO ANYTHING JUST FOR DISCUSSION? OKAY. OKAY. I GUESS WE'RE DOWN TO THE FINANCIAL STATEMENTS, ODC

[7. Presentation, discussion, and approval of ODC Financials ]

[00:10:02]

THE AUDIT WOULD ONLY TAKE THE COMMITTED AND THE REST WOULD BE IN IN IN AVAILABLE FUNDS. BUT THAT'S WHAT IT BOILS DOWN TO. AND WE KEEP UP WITH THE RESERVES. THERE WERE NO OTHER REAL SIGNIFICANT CHANGES ON THIS ONE. WELL, YOU WILL NOTICE THAT THERE'S REALLY NOTHING IN SHORT TERM. RIGHT NOW WE HAVE SOME PAYMENTS IN THE WORKS. SO NEXT MONTH'S FINANCIALS YOU'LL EITHER SEE PAYMENTS OR YOU'LL SEE SOME MORE IN SHORT TERM BECAUSE WE HAVE SEVERAL WORKING RIGHT NOW. OKAY. UNLESS THERE'S QUESTIONS, I'LL MOVE ON TO PAGE FOUR, WHICH IS YOUR BASICALLY PNL STATEMENT. WE ARE AT 69% OF OUR YEAR AND REVENUE IS AT 84%. THIS GOES BACK TO KIND OF WHAT YOU TALKED ABOUT, MR. BLACKSTONE, AT ONE POINT, THAT OUR REVENUE IS KIND OF UNDERSTATED ON OUR BUDGET. A LOT OF THAT IS BECAUSE OF THE IN INVESTMENT INCOME IS JUST HIGHER THAN NORMAL RIGHT NOW. AND I'M VERY NERVOUS ABOUT WHAT THAT WILL BE. I DON'T HAVE A GOOD PREDICTOR FOR THAT. SO THAT'S PROBABLY GOING TO REMAIN TRUE THROUGH NEXT YEAR. OUR EXPENDITURES ARE ABOUT IT. THE OPERATING EXPENDITURES ARE ABOUT A 82%, WHICH IS GOOD. I MEAN THAT'S RIGHT WHERE WE SHOULD BE. YOU WILL NOTICE THAT WE DID NOT PAY UTB SMALL BUSINESS DEVELOPMENT CENTER. HE'S NOT HERE TODAY, IS HE? WE DIDN'T CUT HIM A CHECK, BUT I FOUND THAT WHEN I WAS DOING THE FINANCIALS AND THAT CHECK'S BEEN CUT TODAY. SO WE'RE WE'RE GOOD THERE. THEN WHEN YOU GET DOWN TO THE ANTICIPATED FUND BALANCE. NOW, THE IMPORTANT THING TO NOTE IS THIS WILL ALWAYS LOOK A LITTLE DIFFERENT THAN WHAT YOUR BALANCE SHEET AND WHAT YOUR ACTUAL BUDGET LOOKS LIKE, BECAUSE I'M TAKING NOW REAL TIME AS OF JUNE. SO REAL TIME AS OF JUNE, OUR TOTAL FUND BALANCE IS 102. AND THAT DOES TIE BACK TO THE BALANCE SHEET. SO WHEN YOU'RE LOOKING AT THE BUDGET AND YOU'RE LOOKING AT THOSE RESERVES AND ALL THAT, THAT DOESN'T REFLECT THERE BECAUSE THIS TAKES ACTUAL FUND BALANCE. SO IN LIGHT OF THAT, THAT'S WHY WE BREAK DOWN THE RESERVES. SO THAT WAY, YOU KNOW, IN DETAIL ON THE NEXT PAGE, WHAT IS GOING TO COME OUT OF THAT 102? OKAY. AND YOU WILL NOTICE THAT I HAVE SOMETHING HIGHLIGHTED ON THAT RESERVES PAGE. IT WAS BROUGHT TO MY ATTENTION THAT THAT NL HOME BUILDERS, THEIR CONTRACT HAD A ONE YEAR LIMIT WHERE THE ODC BOARD HAD THE OPTION TO TERMINATE THE CONTRACT IF IT HAD NOT BEEN FULFILLED WITHIN A YEAR. AND AS FAR AS I CAN TELL, THERE'S BEEN NO ACTIVITY ON THAT. SO THAT MIGHT BE SOMETHING THAT NEEDS TO BE CONSIDERED TO BE PUT ON THE AGENDA FOR THAT TO BE REVIEWED, AND THAT CONTRACT TERMINATED AT YOUR DISCRETION. DO WE KNOW WHY THEY HAVEN'T FINISHED? I HAVE HEARD NOTHING FROM THAT. I DON'T KNOW WHO THAT IS. I DON'T THINK THEY'RE IN THE COMMUNITY ANYMORE. THEY HAD TWO. RIGHT.

MR. MANSKI THEY HAD A I THINK THEY HAD A FACADE GRANT AS WELL, LIKE A $25,000 GRANT AS WELL.

AND THEN THIS ONE. OKAY. SO I'D SAY WE NEED TO STRUCTURE THE I DON'T KNOW WHO HOME BUILDERS IS.

I, I USED TO DO, I USED TO DO WORK WITH THEM. I DON'T THINK THEY'RE IN THE COMMUNITY ANYMORE. I THINK THEY'VE MOVED AWAY. WELL, IF Y'ALL WOULD LIKE, I CAN SEND YOU THAT CONTRACT THAT THAT WE HAVE. YEAH, I'D LIKE TO SEE IT. OKAY. AGAIN, THE NEXT AGENDA. YES, SIR. I GET TOM OR GEORGE TO LOOK AT IT AND SEE IF THERE'S ANYTHING, IF THEY'RE STILL DOING ANYTHING OR NOT. I DON'T IF THEY'RE NOT. SO THE 133 DOESN'T INCLUDE THE FACADE? NO, SIR. NO, SIR. SO I DID REFORMAT THAT RESERVES PAGE BASED OFF THE CONVERSATION WE HAD WITH THE ODC AND MR. BLACKSTONE AND MISS PEGGY DEAN, TO MAKE IT A LITTLE BIT MORE CLEAR, A LITTLE BIT MORE EASY TO FOLLOW BECAUSE IT WAS JUST CONVOLUTED. SO I HOPE THIS IS EASIER TO FOLLOW. IF IT'S NOT, I WILL TAKE YOUR FEEDBACK. THIS GIVES US A LOT BETTER, A BETTER VIEW OF WHAT WE VERY MUCH WHAT WE'VE COMMITTED TO IN HERE, EVEN THOUGH WE MAY NOT HAVE CONTRACTS YET. YES, I THINK IT'S VERY MUCH BETTER. BETTER NUMBERS. THANK YOU, THANK YOU. AND THANK YOU FOR THE INPUT ON HOW TO MAKE IT BETTER. YEAH. ON THE NEXT PAGE, ON PAGE SIX, PAGE SIX, THE INVESTMENT SUMMARY, I THINK THIS IS PRETTY MUCH AS EXPECTED. YOU WILL KNOW THE 7.2 MILLION WAS WITHDRAWN.

[00:15:06]

YEAH. IT'S 2275. THANK YOU. BECAUSE I HAVEN'T GOTTEN ANYTHING ON THAT. I'LL LOOK FOR IT. SO I THINK IT WAS WHEN Y'ALL HAD PEOPLE LEAVING PROBABLY. SO I DIDN'T KNOW ANYTHING ABOUT IT OR I WOULD HAVE FOLLOWED UP ON IT. SO I APOLOGIZE. SO BUT THAT'S IT IN A NUTSHELL. ON THE FINANCIALS, AGAIN, I WANT TO THANK YOU FOR TAKING THE TIME TO EXPLAIN TO ME WHAT DIDN'T LOOK RIGHT ON THE FINANCIALS BECAUSE I SEE THEM. SO IT MAKES SENSE TO ME ALL THE TIME. BUT IT HELPS ME TO HEAR YOUR VIEWPOINT. SO IF YOU HAVE ANY MORE SUGGESTIONS, I'M OPEN TO THEM WILLING TO HELP. HOWEVER YOU GOT ANY QUESTIONS? I DON'T APPROVE AS IS. I HAVE A MOTION. SO SECOND. SECOND. ALL IN FAVOR? ANY OPPOSED? THANK YOU, THANK YOU,

[8. Presentation and discussion of ODC Committee and Officer reports]

RONNIE. YOU'RE THE ONLY ONE. YEAH, IT LOOKS LIKE THEY HAVE ANOTHER ONE THAT WASN'T THERE BECAUSE I DOUBLED THE MEETING AGAIN. AND ONE, ONE MORE THING. I'VE ASKED POLITELY TWICE TO NOT SCHEDULE COMPLIANCE COMMITTEE MEETINGS NO MATTER WHAT. WHEN WE HAVE A BOARD MEETING. PLEASE DON'T DO THAT ANYMORE. I SHOULDN'T HAVE TO ASK AGAIN BECAUSE THEY HAD ONE RIGHT AFTER IMMEDIATELY LEAVING, LEAVING, LEAVING HERE SAME DAY. I WILL NOTE THAT THAT MEETING FOR THE THE ODC MEETING THAT WAS SCHEDULED ON TOP OF THE COMPLIANCE MEETING WAS A SPECIAL CALL. WE UNDERSTAND BOTH OF THEM WERE. BUT THAT'S THE SAME THING, RIGHT? I THINK THAT'S THE ONLY TIME THAT THAT'S HAPPENED. YEAH. AND IT DOES. BUT THERE'S THREE OF US HERE THAT NEED TO BE THERE. RIGHT. AND SO IT JUST IT WASN'T IDEAL, BUT IT WAS ALREADY ON.

I'M NOT I'M NOT MAD. I'M JUST I'M JUST SAYING WE JUST NEED TO NOT DO IT AGAIN. I AGREE YOU'RE ALRIGHT. THANK YOU. AND WE HAVE NOT MET. INVESTMENT REVIEW HAS NOT MET. WE MAY NEED TO DO THAT WITH OUR NEW FINANCIAL PEOPLE AND SEE IF WE'RE ALL ON THE SAME PAGE ON WHAT WE WANT TO DO INVESTMENT WISE. SO IF YOU WANT TO SET UP A TIME, YOU CAN DO THAT, LET ME KNOW. WE'LL SEE IF WE CAN GET WITH YOU. DO YOU WANT THAT HERE OR SOMEWHERE? I DON'T CARE, HERE'S FINE WITH ME, BUT IT MAY NOT BE GOOD FOR MIKE OR JEFFERSON. SO I DON'T KNOW. I'LL SEND IT OUT AND BUT WE.

OKAY, GIVE US A COUPLE OF DAYS AND WE'LL FIGURE OUT A COUPLE OF OPTIONS. INDUSTRIAL WATER TASK FORCE WE HAVE NOT MET, HAD NOT MET, NOT MET. OKAY. OKAY. NEXT THING IS PRESENTATION BY

[9. Presentation by Debra Richmond, Director of Road Safety for the Permian Strategic Partnership]

[00:20:05]

OKAY. THANK YOU, EVERYONE FOR HAVING ME TODAY. MY NAME IS DEBORAH RICHMOND AND I'M THE DIRECTOR OF ROAD SAFETY FOR THE PERMIAN STRATEGIC PARTNERSHIP. HOPEFULLY YOU'RE ALL FAMILIAR WITH US. IF NOT, WE'RE A GROUP OF 25 ACTUALLY. NOW, 26 CRESCENT ENERGY JUST JOINED THIS WEEK. ENERGY COMPANIES ALONG WITH UNIVERSITY OF TEXAS AND TEXAS TECH UNIVERSITY SYSTEMS. AND WE ARE FOCUSED ON ROAD SAFETY, OF COURSE, EDUCATION, WORKFORCE DEVELOPMENT AND HEALTH CARE IN OUR COMMUNITIES. SO WE SPEAK INTO THAT, SPEAKER A LITTLE BIT.

YES, SIR. THANK YOU. HERE'S A LOOK AT OUR MEMBER ORGANIZATIONS, AND WHAT I'M HERE TO TALK TO YOU ABOUT TODAY IS A HIGHWAY ECONOMICS REPORT. AS TOM MENTIONED, THE PREVIOUS YEAR WE DID THIS WAS 2021, AND WE COMMISSIONED THE TEXAS A AND M TRANSPORTATION INSTITUTE TO DO THIS REPORT FOR US. AND SO TODAY I'M GOING TO GO THROUGH THE PROCESS AND RESULTS FROM THAT EFFORT. AND THEN WHAT WE'RE PROPOSING FOR 2026. SO BACK IN 2021, THERE WAS AN IDENTIFIED NEED TO INCREASE INVESTMENT IN THE PERMIAN REGION AND AREAS OF GROWING ECONOMIC ACTIVITY, WITH A FOCUS ON THE ONES WITH THE HIGHEST CRASH RATES. SO WE USE DATA, BACK EVIDENCE AND ADVOCACY EFFORTS TO RAISE THE PROFILE OF THE PERMIAN BASIN NEEDS TO THE REST OF THE STATE DECISION MAKERS IN AUSTIN AND AT THE FEDERAL LEVEL AS WELL. WE DID THIS THROUGH OUR WORK WITH TT, AND WE MEASURED THE SAFETY BENEFITS, ECONOMIC BENEFITS, DELAY REDUCTIONS AND SOME OTHER BENEFITS IN THAT REPORT. THE RESULT WAS A SIGNIFICANT INCREASE IN FUNDING LEVELS FOR THE ODESSA DISTRICT FROM TXDOT. AS YOU CAN SEE. THERE, WE ARE AROUND $4 BILLION OVER THE NEXT TEN YEARS. AND THE LAST UTP, TXDOT TEN YEAR ROLLING PLAN, THE LEVEL FOR THE 27 UTP, WHICH THEY'RE ADOPTING LATER THIS MONTH, IS EXPECTED TO STAY THE SAME, WHICH IS SIGNIFICANT BECAUSE THE COMPETITION FOR TRANSPORTATION FUNDING ACROSS THE STATE HAS BECOME REALLY COMPETITIVE. I BELIEVE ODESSA DISTRICT IS THE ONLY DISTRICT NOT TAKING A CUT IN THE DRAFT. UTP, AS NOW EVERY OTHER 25 TXDOT DISTRICTS ACROSS THE STATE, EVERYONE ELSE IS GETTING A CUT IN THEIR FUNDING LEVELS OVER THE NEXT TEN YEARS, EXCEPT FOR ODESSA AS OF RIGHT NOW. SO THAT SHOWS HOW IMPORTANT ALL OF OUR COLLECTIVE COMMUNICATION AND ADVOCACY AND EDUCATION IS TO TEX-DOT AND OTHERS. SO WHY IS THE DARK BLUE LINE SO MUCH BIGGER THAN THE LIGHT BLUE? THE LIGHT BLUE LINE IS THE AMOUNT OF ACTIVE CONSTRUCTION CONTRACTS. RIGHT NOW, THE DARK BLUE LINE IS FUNDING OVER THE NEXT TEN YEARS FOR PROJECTS. SO IF WE DON'T IF WE DON'T LET THOSE PROJECTS, ARE WE GOING TO LOSE THAT FUNDING IF WE DON'T

[00:25:04]

THIS WAS WHAT WE USE WHEN WE WERE MEETING. YOU'RE GOOD. YOU HAVE IT. OKAY. THIS IS WHAT WE USED WHEN WE WERE MEETING WITH TXDOT AND OTHER ELECTED OFFICIALS. TO SUM UP OUR FINDINGS FROM THE REPORT, WE ALSO HAD A POWERPOINT. THE NEXT FEW SLIDES WILL GO THROUGH THAT.

THAT SHOWED OUR RESULTS AND METHODOLOGY SO THAT WHEN WE GAVE PUBLIC PRESENTATIONS, WE WERE ABLE TO GO INTO MORE DETAIL ON THE SCOPE AND RESULTS FROM THE REPORT. YOU'LL NOTICE IN THIS REPORT WE WERE REALLY FOCUSED ON RURAL CORRIDORS. SINCE THEN, WE HAVE SEEN CRASH RATES DECLINE ON THE RURAL AREAS, BUT STAY AT PACE OR OR INCREASE IN THE URBAN AREAS OF ODESSA AND MIDLAND. AND WE HAVE BEEN HEARING FROM OUR STAKEHOLDERS THAT THEY WOULD REALLY LIKE TO HAVE A MORE ADVOCACY, A STRONGER ADVOCACY ROLE ON THE LOCAL CITY AND COUNTY PROJECTS. AND WE HEAR THAT AND WANT TO BE RESPONSIVE TO THAT TO THE BIGGEST EXTENT POSSIBLE, WHICH IS WHY WE ARE TALKING DIRECTLY TO Y'ALL AND YOUR COUNTERPARTS OVER IN MIDLAND TO SEE IF WE CAN ADD THOSE LOCAL PROJECTS INTO THE MODEL FOR THIS ROUND. THERE'S JUST SOME MORE SLIDES AND INFORMATION. HERE'S THE RURAL PROJECTS THAT WE FOCUSED ON LAST TIME. SO IF WE MOVE FORWARD, WE WILL WORK WITH YOU TO IDENTIFY THE PROJECTS THAT YOU'D WANT TO DROP INTO, THE MODEL THAT TT WILL RUN. AND THERE WILL BE DATA LIKE THIS ON EVERY PROJECT. WE WILL NOT DO ANY PROJECT RANKING. THAT IS UP TO Y'ALL AND Y'ALL'S LOCAL ELECTED OFFICIALS AND THE MPO POLICY BOARD ON ON HOW YOU RANK PROJECTS. BUT THERE WILL BE A SET, A SET OF DATA FOR EVERY EVERY PROJECT THAT DETAILS ITS BENEFITS. SO WE'RE PROPOSING WE DO THE SAME THING AGAIN, BUT JUST WITH THE ADDITION OF THE MIDLAND AND ECTOR COUNTY AND CITY OF MIDLAND AND CITY OF ODESSA, PROJECTS DROPPED INTO THE MODEL. SO IT CAPTURES NOT JUST THE RURAL PROJECTS FROM AROUND THE PERMIAN BASIN, BUT THE CITY URBAN PROJECTS AS WELL.

AND IT WILL BE A TOOL THAT ANY STAKEHOLDER CAN USE. ANY OF YOU, ANY OF YOUR ELECTED OFFICIALS, ANY OTHER ADVOCACY ORGANIZATION, WHEN THEY'RE TALKING TO TECH STOCK, WHEN THEY'RE TALKING TO MEMBERS OF CONGRESS, WHEN THEY'RE TALKING TO STATE LEGISLATORS, COUNTY COMMISSIONERS. ON WHY SUSTAINED INVESTMENT IN PERMIAN ROAD INFRASTRUCTURE IS SO IMPORTANT.

AND AS THE TRANSPORTATION FUNDING ENVIRONMENT CONTINUES TO BECOME MORE COMPETITIVE, HAVING DATA TO BACK UP WHAT WE'RE SAYING GOES A LONG WAY. NOT EVERYONE AROUND THE STATE IS DOING THIS, AND NOT EVERYONE IS IS COMING PREPARED WITH NUMBERS TO SHOW THE THE HARD, TANGIBLE BENEFITS OF THESE PROJECTS. AND SO THIS IS A TOOL THAT WILL SET US AHEAD OF THE COMPETITION IN OUR OPINION. I'VE OUTLINED THE PROJECT OBJECTIVE AND THE DRAFT SCOPE OF WORK WITH TT HERE. IF WE DECIDE TO MOVE FORWARD TOGETHER, WE WILL ABSOLUTELY FACILITATE MORE MEETINGS WITH TT. TOM AND RENEE, AS WELL AS THEIR MIDLAND COUNTERPARTS, AND I HAVE MET WITH TT VIRTUALLY FOR THEM TO OUTLINE THE PROPOSED SCOPE. WE ARE AMENABLE TO ANY OTHER SORTS OF UPDATES OR OR MORE DETAILED, LIKE INCLUDED. WHATEVER MAKES YOU COMFORTABLE AND MAKES THE EFFORT WORTH YOUR WHILE. WE'RE CERTAINLY WILLING TO DISCUSS THOSE THINGS INCLUDED IN THE SCOPE OF WORK IN TERMS OF DELIVERABLES WILL BE PRESENTATION MATERIALS AND OTHER COLLATERAL PIECE, AND THEN THEY WILL PRESENT UP TO TWO PUBLIC PRESENTATIONS ON OUR BEHALF. WE CAN CHANGE THAT IF NEEDED. THEY'RE PRETTY FLEXIBLE ON THAT SORT OF THING. AND THEN THEY'LL ALSO BE MEETING WITH US ALONG THE WAY TO MAKE SURE THEY'RE STAYING ON THE RIGHT TRACK. THEY ESTIMATE THE TOTAL COST OF THIS RESEARCH REPORT TO COST AROUND $100,000. THE PSP IS PROPOSING TO CONTRIBUTE $80,000, AND THEN WE ARE REQUESTING $10,000 FROM BOTH

[00:30:05]

YEAH. SO, YOU KNOW, IF IF BOTH ENTITIES APPROVE, WE'LL PROBABLY HAVE A MEETING AND SET A DEADLINE FOR FOLKS TO SUBMIT WHICH PROJECTS THEY WANT US. I HONESTLY DON'T CARE HOW MANY. I JUST WANT TO EVEN FROM BOTH SIDES. SO EVERYONE HAS THE SAME AMOUNT OF PROJECTS GOING INTO THE MODEL. ANY MORE QUESTIONS? DOES THIS HAVE ANYTHING TO DO WITH THE RESEARCH, WITH THE LACK OF LAW ENFORCEMENT ON THESE HIGHWAYS, IT NOT IN ANY WAY, NOT DIRECTLY. BUT WE CAN ADD SOME NARRATIVE ABOUT THAT, ABOUT HOW, YOU KNOW, WHEN WE TALK ABOUT THE THREE E'S AND TRANSPORTATION, EDUCATION, ENGINEERING, ENFORCEMENT. THAT ENFORCEMENT IS A BIG CHALLENGE DUE TO THE THE LACK OF ACTIVE TROOPERS AND OFFICERS WITH TIME TO DO WHAT THEY DO. YEAH, I AGREE. AND THAT'S THAT'S THE ISSUE IS, YOU KNOW, THE STUFF WITH THE BORDER SEEMS TO HAVE CALMED DOWN. BUT WHERE DID ALL THOSE PEOPLE GO? YEAH, WE'RE HAPPY TO PULL SOME DATA ON OPEN POSITIONS WITH DPS. AND WE CAN SEE IF THE LOCAL SHERIFF'S DEPARTMENTS WOULD BE WILLING TO PROVIDE SOME DATA TO ON OPEN POSITIONS AND THAT SORT OF THING. YEAH. PLEASE. YES, SIR.

THAT'S A GREAT IDEA. AND I'LL MENTION TO SHE ASKED WHEN WE MET THE FIRST TIME, SHE SAID, YOU KNOW, WHEN YOU'RE TALKING ABOUT SOME OF THESE PROJECTS, SWING BIG, BIG WISH ITEMS. AND SO I MET A FEW WEEKS AGO WITH, WITH AARON SMITH AND GOT SOME IDEAS OR SOME ITEMS FROM HIM.

I'M GOING TO RESEND THAT LIST THAT THAT HE SHARED WITH ME AT THAT TIME, SEE IF THAT'S STILL WHAT THEY'RE, YOU KNOW, KIND OF THEIR SWING BIG LIST. AND ALSO REACH OUT TO THE COUNTY JUDGE AND SEE IF HE'S GOT A COUPLE OF ADDITIONS TO THAT. OKAY. YEAH, WE, WE ARE NOT ATTEMPTING TO START ANY DRAMA OR UNNECESSARY POLITICS. SO WE WANT TO MAKE SURE THAT EVERYONE HAS A CHANCE TO REVIEW THE PROPOSED PROJECTS BEFORE WE FINALIZE AND SEND THEM OVER, AND THAT EVERYONE HAS A HIGH COMFORT LEVEL ON, ON WHAT WE'RE DOING. YEAH. WE'RE NOT. I MEAN, I'M NOT I KNOW THESE GUYS AREN'T CONCERNED ABOUT DRAMA. WE JUST WANT THINGS TO BE GOOD AND FAIR AND EQUAL FOR EVERYBODY. YES, SIR. AND THAT'S THAT'S ALL WE ASK FOR. ANY OTHER QUESTIONS? NO.

IS THERE A MOTION TO. SO IS THIS SOMETHING WE CAN BACK TAKE AN ACTION ON RIGHT NOW? WHAT WAS IN THE PACKAGE? I GUESS WE CAN IF HE'S GOING TO USE HIS OWN MONEY. YEAH. I JUST WANTED TO. YOU JUST WANT OUR APPROVAL. REALLY? THAT WE TAKE IT TAKE IT OUT OF TOM'S MONEY INSTEAD OF OUR MONEY? THAT'S CORRECT. YOU KNOW, I DIDN'T WANT TO DO THAT AND HAVE TO COME BACK AND APOLOGIZE. SO, I MEAN, WE HAVE THE MONEY IN THE BUDGET. WE CAN DO IT. AND I WANTED TO BE TRANSPARENT AND SHARE THIS WITH Y'ALL. MAKE SURE Y'ALL THOUGHT IT WAS A GOOD IDEA. SO. OH YEAH.

SO YOU MADE A MOTION THAT WE MAKE A MOTION TO TAKE THE MONEY OUT OF TOM'S BUDGET BUDGET AND THE SECOND OVER HERE. ALL IN FAVOR? AYE. OPPOSED. SO THANK YOU. MY PERSONAL BUDGET.

CORRECT. THAT'S WHAT I UNDERSTOOD IS PERSONAL BUDGET. WELL, I'LL LET MIDLAND KNOW

[00:35:03]

[10. Discuss and consider for the purpose of taking action on the following grant applications]

LOOKING AT THE FACT THAT THE COUNTY INFORMED US THAT 200 OF THOSE WERE GOING TO BE GENERAL PUBLIC, THEY WERE GOING TO BE AVAILABLE 24 OVER SEVEN TO THE GENERAL PUBLIC, WHICH IS SOMETHING THAT JEFF MOORE SAID YOU COULD SUPPORT. THAT'S WHERE THEY CAME UP WITH THE MULTIPLICATION OF THAT INTO $9,164,420. AND SO THAT'S THAT IS THE RECOMMENDATION THAT CAME OUT OF THE FINANCE COMMITTEE, GET LIKE THE BUDGET FROM THE COUNTY ON THE TOTAL COST OF THIS BUILDING. THEY DIDN'T GET A TOTAL BREAKDOWN. NO, THEY JUST ASKED FOR ONE, DIDN'T THEY? DID THEY ASK FOR ONE FROM THAT MEETING? A TOTAL BREAKDOWN ON THE BUDGET? NO. ONE OF THE ONE OF THEM TOLD ME THEY HAD ASKED FOR ONE AND HADN'T GOT IT FROM THE JUDGE, SO. WELL, I MEAN, THEY MAY HAVE ASKED DIRECTLY WITH THE JUDGE AND WE. THAT REQUEST WAS NOT PART OF THAT COMPLIANCE COMMITTEE MEETING. I MEAN, WE HAVE HAD MEMBERS COME OUT BEFORE SEPARATELY AND, YOU KNOW, MAKE REQUESTS OR TRY TO GET ADDITIONAL INFORMATION. AND IT WASN'T, YOU KNOW, IT DIDN'T OCCUR DURING THE MEETING. THERE WAS A THERE WAS A REQUEST FOLLOWING COMPLIANCE FROM BRIAN BELL ON A BREAKDOWN OF THE INDIVIDUAL LEVELS AND HOW MANY LEVELS THE PARKING GARAGE WOULD BE. AND I BELIEVE THAT WAS THAT WAS AN EMAIL SENT TO US BY THE JUDGE THAT WAS THEN FORWARDED LATER ON TO BRIAN AND SEVERAL OTHERS. COMPLIANCE COMMITTEE THAT WAS THAT WAS MORE OF A SQUARE FOOTAGE REQUEST FOR EACH LEVEL. AND HOW MANY EXCUSE ME, HOW MANY SPOTS ARE ON EACH LEVEL, THINGS OF THAT NATURE. BUT IT WAS NOT A BUDGET BREAKDOWN, AT LEAST THE REQUEST THAT WAS MADE FROM ME. AND I REACHED OUT TO THE COUNTY. I GOT THAT INFORMATION AND THEN FORWARDED IT TO TO MR. BELL. NOT ONLY ONE'S GOT ANY QUESTIONS ON THIS DEAL. NO, I'D LIKE TO. I'D LIKE TO SEE MORE INFORMATION. I'D LIKE TO SEE THE BREAKDOWN OF WHAT IT IS TO WHAT WHEN THEY CAME, WHEN JUDGE FOSSETT CAME AND DID HIS PRESENTATION LAST YEAR, I KNOW THERE WAS A DISCUSSION ABOUT THERE WAS A CERTAIN AMOUNT THAT WERE GOING TO BE SET ASIDE FOR A PARKING SPACES FOR THE POST OFFICE, AND I'M JUST TRYING TO FIGURE OUT HOW WHAT THE 200 IS ABOUT 26, 27% OF THE TOTAL PARKING SPACE. I'M JUST TRYING TO FIGURE OUT HOW ALL OF THAT WORKS WITH THE MATH. I GUESS I'M SAYING I NEED MORE INFORMATION. YES, THERE IS A BREAKDOWN IN THE PACKET THAT THEY SENT THAT CAME FROM BUTLER COHEN. I HEAR THE BROKE OUT THERE, AND BASICALLY THEY TOOK THE 200 SPOTS THAT THEY SAID WOULD BE AVAILABLE FOR ANYONE'S USE, 247 WELL, THEY GOT YEAH, THEY TOOK THAT AS A PERCENTAGE OF THE $34 MILLION. RIGHT. SO

[00:40:06]

WELL, I REACHED OUT TO SOMEONE, BUT THEY DIDN'T EVER GIVE ME AN ANSWER ON THE ON THE PARKING GARAGE AT THE MARRIOTT. HOW MANY SPACES ARE OVER THERE? DOES ANYBODY KNOW? TO MY RECOLLECTION, AND WE HAD INFORMATION ON THAT. LET ME SEE IF THAT'S IN THE INFORMATION SAID YOU'D SPEND ABOUT ODC. IT'S BEEN ABOUT 9 MILLION, 9 MILLION ON IT, BUT IT DIDN'T SAY HOW MANY SPOTS ARE OVER THERE. AND A LETTER ADDRESSED. YEAH, IT SAYS 300. IN A LETTER ADDRESSED JULY 17TH TO BRIAN BELL. THE BOTTOM THIRD OF IT IS A HISTORIC REFERENCE. IT SAYS ODYSSEY ENTERED INTO AN AGREEMENT TO SUPPORT THE PARKING DECK FOR THE ODESSA DOWNTOWN MARRIOTT IN 2017. THIS DECK IS USED FOR THE HOTEL AND THE NUMEROUS CHARITABLE AND COMMUNITY EVENTS HELD THROUGHOUT THE YEAR IN THEIR MEETING AND EVENT SPACE, AND HAS A TOTAL OF 300 PARKING SPACES. FINAL PAYMENT WAS MADE BY THE ODYSSEY TO TO COMPLETE THE AGREEMENT ON FEBRUARY 8TH, 2018. THE INVESTMENT AMOUNT FROM ODYSSEY TOTALED 9 MILLION $9,290,741. DID THAT COVER THE ENTIRE COST? I BELIEVE THAT COVERED THE ENTIRE COST. I DON'T KNOW, THAT'S WHAT I. I REACHED OUT TO SOMEBODY AND THEY DIDN'T EVER CALL ME BACK.

SO I DIDN'T KNOW WHAT THE COST WAS, BUT I WASN'T HERE. THEN I WAS TOLD WHAT I'VE BEEN TOLD IN SOME RESEARCH THAT WAS THE ENTIRE COST. AND THAT'S ALSO WHY THEY DO NOT CHARGE. THERE'S NO CHARGE FOR ANY OF THE SPACES IN THAT BUILDING. AND LIKEWISE, THERE WON'T BE CHARGE IN THIS COUNTY BUILDING EITHER, IS WHAT THEY'RE GETTING AT. THAT'S WHAT THEY'VE INDICATED TO US. OKAY.

SO BASICALLY HOW MANY YEARS AGO THAT WAS, WE PAID $9 MILLION FOR 300 SPACES. NOW WE'RE GETTING ASKED TO PUT $9 MILLION INTO 200 SPACES. SO I GUESS THE QUESTION TO ASK IS, WHO'S GOING TO DIFFERENTIATE WHETHER IT'S PUBLIC OR IS THERE A LITTLE BADGE OR DIFFERENT LEVEL? OR CAN WE GET ONE LEVEL, TWO LEVELS? DO Y'ALL KNOW? ANYBODY KNOW FOR THE PUBLIC, BASED ON THE INFORMATION THAT WAS PROVIDED DURING THE MEETING TO TIM OGILVY, HE MADE A CALL TO JUDGE FOSSETT. THERE WILL BE NO ACTUAL RESERVE PARKING FROM THE FIRST LEVEL UP TO THE TO THE TOP LEVEL. BUT THE SPACES THAT THEY WERE INQUIRING ABOUT, THE 200 SPACES, THOSE ARE JUST GOING TO BE OPEN 24 OVER SEVEN, AND THAT DOES NOT INCLUDE THE UTILIZATION FROM MONDAY THROUGH FRIDAY OF THE COUNTY EMPLOYEES THAT WILL BE PARKING AS IT WOULD BE FIRST COME, FIRST SERVE. SO THERE'S NO DESIGNATION. NO DESIGNATION? NO, SIR. WELL, THAT SEEMS AGAIN, I MAY BE GOOFY ABOUT IT, BUT I'M THINKING IF YOU'RE GOING TO GO THROUGH THE TROUBLE TO DO THAT, YOU SHOULD ISOLATE ESPECIALLY YOUR JUDGES AND DISTRICT ATTORNEYS AND PEOPLE TALKING TO THE WRONG CROWD. BUT JUDGES AND THE CLERKS WILL HAVE THEIR OWN PARKING UNDERGROUND THAT THAT WILL NOT BE PART OF THE DECK. OKAY. THEY WILL HAVE THEIR OWN SPACE. THAT WAS A QUESTION. HOW ARE THE SECURITY PURPOSES? WELL, WHAT DO YOU THINK? WELL, I GOT MORE INFORMATION ON THE BREAK OUT OF THE TOTAL COST. A LOT OF MONEY. AND IF YOU LOOK AT OUR BUDGET, WE'VE ONLY GOT 3 MILLION AVAILABLE. YOU'VE BEEN KNOWN TO SPEND THAT. SO. I DON'T KNOW IF Y'ALL WANT TO TABLE IT. WANT SOME MORE INFORMATION. Y'ALL WANT TO SAY NO. YOU WANT TO SAY YES. WE WANT TO FUND THE WHOLE 30 MILLION. NO. LET'S MAKE A LET'S MAKE A I'D LIKE TO MAKE A MOTION. I MEAN, SO I THINK ONE, I REMEMBER WHEN WE HAD THIS CONVERSATION, I AND THINGS CHANGED, BUT I THOUGHT WE AT LEAST HAD DISCUSSED AT ONE POINT NOT GIVING ANY MORE THAN 10,000 BECAUSE I THINK JUDGE FOSTER CAME IN AND ASKED US TO FUND THE WHOLE THING. IT LOOKS LIKE ODC IS KIND OF IN LINE WITH WHAT WE TALKED ABOUT. I THINK WE DO NEED MORE INFORMATION. SOME OF THE QUESTIONS THAT I HAVE, JUST FROM THE LEGAL PART OF IT, WHEN I LOOK AT JEFF MOORE'S LETTER. AS WE'RE WITHIN THE SCOPE OF WHAT WE'RE ABLE TO DO, HOW DOES THIS FIT WITHIN THE BUSINESS DEVELOPMENT PART OF IT? AND I'M NOT SURE I KNOW. YOU KNOW, WHEN WE LOOK AT WE OC IS DOING THEIR BUILDING AND ALL THAT. IF THAT'S SAYING THAT THAT'S THAT'S RELATED, CAUSALLY RELATED OR CAUSALLY RELATED TO THAT, THEN I GUESS SO, BUT I'M JUST NOT SURE HOW IT FITS WITHIN THE SCOPE WHEN I LOOK, WHEN I READ JEFF'S LETTER, I THINK THAT'S ONE REASON COMPLIANCE SAID, WELL, WHAT'S, WHAT'S GOING TO BE AVAILABLE TO

[00:45:03]

THEY WERE THERE AMONGST FEW OF OTHER APPLICATIONS THAT WERE FOUND IN THE DESK. AND SO WE'RE STILL WORKING ON CLEARING THOSE OUT. YIELD BOOKWORM. THEY THEY CURRENTLY ARE SUFFERING FROM A COLLAPSE IN THEIR IN THEIR ROOFING. AND SO THEY'VE GONE THROUGH SEVERAL CONTRACTORS TO GET THAT FIXED. THEIR FIRST INITIAL CONTRACTOR ACTUALLY WAS NOT A LICENSED ROOFER, BUT IT WAS RECOMMENDED BY ANGIE'S LIST. AND SO THEY KIND OF GOT. THE CRAPPY END OF THE STICK THERE.

BUT THEY'VE SINCE THEN STARTED WORKING WITH OTHER CONTRACTORS TO GET THAT UP TO PAR. AND SO THEY'VE REQUESTED 71,000 269 AND IT WAS A AND HAS BEEN PASSED ON BY THE COMPLIANCE COMMITTEE FOR YOUR APPROVAL. WHERE IS THE STRUCTURE AT? IT IS DOWNTOWN. YES, SIR. YEAH, IT'S ON 517 GRANT. OKAY. IS THAT A CORNER? NO, IT'S IN THE MIDDLE. IN THE MIDDLE? YEAH, I THINK IT'S ACROSS THE STREET FROM THE HARMONY BASIN BURGER. YEAH. OKAY. YEAH, I BELIEVE IN IN YOUR PACKETS THERE SHOULD BE A MAP SHOWING THE EXACT LOCATION OF THE OLD BOOKWORM BY A WHITE DOT. OKAY. I'M TRYING TO FIND DOES THIS FALL WITHIN SINCE THIS WAS LEFT IN THE DESK, DOES THIS FALL WITHIN ONE OF THE EXCEPTIONS THAT WE HAVE TO MAKE OR. NO, NO, THE THE APPLICATION WAS PUT IN PRIOR TO ANY CONSTRUCTION THAT WAS DONE. AND WE HAVE ALL OF THE INVOICES HERE AS WELL SHOWING THE PAYMENTS OF ALL OF THAT. AND SO IT'S JUST RETROACTIVE BACK TO THAT DATE THAT IT WAS ORIGINALLY SUBMITTED. VARIANCE. I THINK THAT'S WHAT WE WOULD CALL VARIANCE. THAT'S WHAT WE CALL IT. YEAH. ANY OTHER QUESTIONS OR Y'ALL OKAY WITH IT.

YOU'RE NOT OKAY WITH IT. I'LL MAKE A MOTION. WE ACCEPT IT. SECOND. ALL IN FAVOR? AYE.

OPPOSED. SOUNDS LIKE HE GOT IT APPROVED. THANK YOU SIR. IT'S SO GOOD ON THAT. I'M GOING TO LET HIM KEEP GOING. PROBABLY LIKE HIM BETTER, BUT THAT'S ANOTHER STORY. ITEM THREE.

LAVELLE. LAW FIRM. LABOR LAW FIRM. ANOTHER ONE AMONGST THE THIS ONE WASN'T FOUND IN THE DESK, BUT IT WAS APPARENTLY WAS SUBMITTED TO COMPLIANCE. BUT THEY WERE TOLD THAT IT WAS SUBMITTED FOR APPROVAL THROUGH THE COMPLIANCE PROCESS. AND IT WASN'T UNTIL TOM RECEIVED A COUPLE EMAILS FROM THEM ASKING FOR PROGRESS REPORTS ON WHERE THEIR APPLICATION WAS. AND SO THEY ARE. THEY DID ANOTHER ROOFING PROJECT AS WELL AS MEDIATION OR REMEDIATION OF ASBESTOS IN THEIR BUILDING, AND A FEW FACADE INFRASTRUCTURE AND FACADE UPGRADES AS WELL TO THE ACTUAL BUILDING UPGRADE OF ELECTRICAL GOING FROM THE 100 AMPS TO THE 200 AMPS PER CITY CODE, AS WELL AS SOME ADA REMODELING AND THEN MEETING THE HVAC AS WELL. CODE FOR THE CITY.

AND SO THEY'RE REQUESTING 44,588 AND $0.55 AS A RECOMMENDATION FROM THE COMPLIANCE COMMITTEE. AND THEY'VE ALREADY SPENT ALL THE MONEY. THEY'VE ALREADY PAID THE.

YEAH, THEY'VE ALREADY THEY'VE ALREADY PAID ALL OF THEIR ACCOUNTS. LIKE, LIKE WE MENTIONED, THIS WAS ANOTHER APPLICATION THAT THEY ACTUALLY WENT THROUGH THE PROCESS AND THOUGHT THEY HAD RECEIVED THE GRANT. AND I DON'T KNOW WHERE THAT CAME FROM. IT COULD HAVE

[00:50:04]

YOU GOT INVESTMENT WORKSHEET. YOU GOT ONE THAT SAYS GRANT FUND REQUESTED 89,000. THEN YOU GOT ANOTHER ONE THAT SAYS GRANT FUND REQUESTED 113,000. SO YOU'RE ASKING FOR THE SMALLER AMOUNT OR LESS THAN. OH. SO THIS WAS THIS WAS PRESENTED TO THE COMPLIANCE COMMITTEE. SINCE IT WAS LEFT IN THE DESK, I PRESENTED BOTH THE ORIGINAL AMOUNT THAT THEY REQUESTED. AND THEN THE AFTER THE AMOUNT THAT WAS THAT CAME AFTER THE FACT, AFTER THEY'VE ALREADY DONE THEIR EXPENDITURES AND HOW MUCH IT ACTUALLY COSTS. SO THE 88 IS THE ACTUAL COST, 88 IS THE ACTUAL COST. SO ON THE LEGAL SIDE, WE DO THESE FACADE GRANTS. NORMALLY THEY WE DRAW UP AN AGREEMENT, THEN THEY DO THE WORK. THEN WE REIMBURSE THEM. SINCE THIS WORK'S ALREADY REIMBURSED, WHAT DO THEY WHAT DO Y'ALL NEED TO SAY. YOU CAN WRITE THE CHECK. WE STILL NEED AN AGREEMENT. SO Y'ALL WILL STILL PREPARE AN AGREEMENT. AND YOU WOULD MAKE THE AGREEMENT WHERE THEY'VE ALREADY MET ALL THE GUIDELINES, I HOPE. AND THEN AND THEN WE COULD FUND IT.

AFTER ALL ALL PARTIES HAVE SIGNED IT. OR DOES IT STILL HAVE TO GO TO THE CITY TO NOW? OKAY, I'M JUST TRYING TO FIGURE OUT THE HOW IT FLOWS. SO MOVING FORWARD, WE HOPE TO MAKE IT LESS DIFFICULT. DO WE GET A MOTION? DO WE HAVE AN AGREEMENT IN PLACE WITH THEM? NOT YET.

NOT YET. WE DON'T GET ONE. YEAH. THAT'S WHAT WE'D HAVE TO DO IS GET ONE WITH 44. WELL I THINK SINCE THE WORK'S ALREADY DONE, I DON'T THINK WE NEED TO BRING IT BACK HERE. Y'ALL GET THE AGREEMENT, GET THEM TO SIGN IT AND GO TO CITY. I MEAN, GO TO CITY COUNCIL IS WHAT I THINK YOU CAN DO. YEAH. SAVE A LITTLE BIT OF STEPS SINCE IT'S ALREADY BEHIND ON THE DEAL. NO, I BELIEVE THERE'S STILL AN ADDITIONAL STEP OF APPROVING THE ACTUAL AGREEMENT IF I'M CORRECT. OKAY. WE'LL BRING IT BACK NEXT MONTH, I GUESS. YEAH. OKAY. YEAH. YOU'RE JUST TODAY YOU'RE APPROVING THE. SO DID I HAVE A MOTION? I'LL MAKE A MOTION THAT WE APPROVE. SECOND.

SECOND. ALL IN FAVOR? ANYONE OPPOSED? OKAY. THANK YOU. DESERT AND DUNES, WINE AND MORE.

KEEP GOING. OKAY, SO DESERT DUNES, WINE AND MORE ACTUALLY SUBMITTED FOUR APPLICATIONS OVER THE COURSE OF FIVE YEARS AND NEVER GOT A RESPONSE. AND SO IT WASN'T UNTIL I WALKED IN THEIR DOOR AND THEY, THEY PROVIDED ME WITH THE RETROACTIVE APPLICATION THAT THEY SUBMITTED. THEY WERE DOING PHYSICAL UPGRADES TO THEIR INFRASTRUCTURE FLOORING AS WELL AS ROOFING, AND THEN SOME FACADE UPGRADES ON THE EXTERIOR, INCLUDING NEW SIGNAGE, PAINT, AND NEW NEW WINDOWS TO UPDATE TO TO THE CITY CODES AS WELL. AND SO THEY WERE LOOKING FOR RECOMMENDED FOR 38,264. AND THEY'VE ALREADY DONE ALL THE WORK TO THE MAJORITY OF THE WORK. IS THIS YOU SAID IT WAS OVER FIVE YEARS. THIS WAS THE PLACE THAT WAS THE LITTLE COFFEE SHOP AT ONE POINT. IT'S IT'S RIGHT NEXT TO THE THE HOUSE DOWNTOWN. DOWNTOWN. RIGHT.

OKAY. HAD THEY APPLIED BEFORE THEY FOR THAT BUILDING? HAD SOMEONE APPLIED FOR THAT BEFORE? NO, SIR. OKAY. THEY'VE SUBMITTED THE APPLICATIONS BUT NEVER HEARD ANYTHING BACK. AND SO I GOT YOU UNDERSTOOD. AND YOU SAID WE DON'T KNOW WHEN THEIR LAST ONE WAS. WE WE STARTED HANDLING THE APPLICATIONS ALMOST TWO YEARS AGO, BUT PRIOR TO THAT, WE DID NOT HANDLE THEM. RIGHT. SO THEY DON'T KNOW. THEY DON'T THEY CAN'T TELL YOU WHO THEY DEALT WITH PREVIOUSLY. THEY ALL THEY COULD TELL ME IS THAT THEY DEALT WITH THREE, THREE OTHERS BEFORE ME. SO I MAKE NUMBER FOUR, NO NAMES, NO NAMES. OKAY. BUT THE AGREEMENT NEEDS TO BE WITH THE OWNER OF THE REAL ESTATE, DOESN'T IT? I MEAN, IT LOOKS LIKE THE APPLICATIONS A

[00:55:05]

YEAH. THEY'RE THE OWNERS OF THE OR THEY'RE THE SHE OWNS THE SHE OWNS THE MIX. I'M THINKING THE CONTRACT NEEDS TO BE THE CONTRACT WOULD NEED TO BE WITH THE LLC. THE LLC. YEAH, YEAH, YEAH, I BELIEVE SO. THE GUIDELINES ALLOW FOR THE CONTRACT TO BE WITH THE LESSEE AS LONG AS THEY HAVE THE BUILDING OWNER'S PERMISSION. BUT SHE'S NOT LEASING IT. SO THE CONTRACT WOULD YOU NOT GO AHEAD AND GET THE BUILDING OWNERS AS FAR AS THE CONTRACT'S CONCERNED, HAVE THEM ACCEPTING IT ALSO, BECAUSE WHAT HAPPENS IF YOU HAVE AN LLC THAT'S MULTIPLE PARTIES IN THE LEASES EXECUTED A CERTAIN WAY? I MEAN, HOW DO YOU COVER THAT, WHERE LLC ACKNOWLEDGES THAT THE TENANT HAD THE RIGHT TO DO THESE THINGS? SO THE TENANT MAKES THE APPLICATION, BUT WE DO REQUIRE THAT THE TENANT PROVIDE A LETTER OF, OF PERMISSION FROM THE OWNER OF THE BUILDING. OKAY. I'M JUST BECAUSE YOU DIDN'T WANT TO DO A WHOLE NEW FACADE AND THEN THEY GET UPSET OR THEY LEAVE. AND THEN HERE YOU GO. THEN THE LANDLORD SUES US, SAYS, NO, I DIDN'T WANT THAT. YEAH, YOU MESSED UP MY BUILDING.

SOMETHING IN WRITING FROM THE LANDLORD THAT THE TENANT HAS PERMISSION TO MAKE THOSE CHANGES. OKAY. MOST RECENT EXAMPLE, I BELIEVE A MEDICAL WAS ONE THAT WAS RECENTLY PASSED A COUPLE MEETINGS PRIOR. AND SO THAT THEY WERE LEASING THE BUILDING FOR THEIR FACADE.

GRANT. ANY OTHER QUESTIONS? ANYBODY GOT A MOTION? THEY WANT TO PROVE IT OR NOT APPROVE IT OR MOTION TO APPROVE. SECOND. MOTION SECOND. ALL IN FAVOR? AYE. ANYONE OPPOSED? ALL RIGHT, YOU GOT IT. ON THE FINAL ONE. IT'S A FACADE. AN INFRASTRUCTURE GRANT FOR AMIGOS.

BAIL BONDS. AMIGOS HAD TO MOVE TO A NEW LOCATION DUE TO THE WORK BEING DONE FOR THE COURTHOUSE AND THE PARKING DECK AND ALL OF THE ABOVE. IT CAME TO US A LITTLE LATE BECAUSE I THINK WHOEVER FILLED OUT THE APPLICATION THOUGHT THEY HAD EMAILED IT TO US, AND I CHECKED THROUGH ALL THE EMAILS AND WE ACTUALLY HADN'T RECEIVED IT. AND SO WE GOT IT IN TIME FOR THIS MEETING. I THINK WORK HAS STARTED, BUT THAT'S KIND OF THE HISTORY ON THAT. THEY, THEY IN PART OF A KIND OF A LAND SWAP OR BUILDING SWAP FOR THE, THE COURTHOUSE PROJECT, THEY HAD TO MOVE TO A NEW OFFICE. THEY MOVED SOUTH OF GRANT, DIDN'T THEY? YEAH. I MEAN, SOUTH OF.

YEAH, SECOND STREET, SOUTH SOUTH OF THE RAILROAD. YEAH. AND WE ALL GET A GET OUT OF JAIL FREE CARD FOR. ACTUALLY, I DIDN'T ASK FOR ONE. I DIDN'T NEED IT. I SAID, I ALREADY BURNED THAT REQUEST. MY APOLOGIES. I'M SORRY. I NEED TO LEARN HOW TO BEHAVE. SO THE OWNERS OF THIS ARE. HENDERSON AND WHO. LET ME FIND THAT. I'VE GOT A LOT OF PAPER HERE. DEBBIE CLAY AND JOHN HENDERSON KNOW JOHN HENDERSON HELPED WITH THE APPLICATION. HE IS ACTUALLY WITH THE COUNTY. I THOUGHT HE WAS. YEAH. HE'S HE'S GRANTS AND SPECIAL PROJECTS FOR THE COUNTY.

AND I THINK HE HE KIND OF STEPPED IN AND HELPED SINCE THEY HE FELT LIKE THEY. I GUESS THEY PROVIDED AN INCONVENIENCE, FORCING HER TO RELOCATE. THOSE ARE THE ONLY NAMES ON HERE I SAW. I DIDN'T SEE ANY. WHO YOU'RE DEALING WITH. I MIGHT HAVE MISSED IT. I'M TRYING TO FIND IT IN ALL MY STUFF. DO YOU HAVE OUR APPLICATION? SO THERE'S TWO GRANT REQUESTS, BUT YOU'RE GOING TO PUT THEM TOGETHER INTO ONE DEAL BESIDE. YEAH. THAT THAT FIGURES FOR COMBINED FACADE AND INFRASTRUCTURE. AND THE NAME I APOLOGIZE, THE NAME GOT CUT OFF ON MY COPY. DOESN'T MATTER. BUT JUST CURIOUS. YOU WANT IT? ANYBODY ELSE GOT ANY QUESTIONS? NO. Y'ALL ARE EASY MOTION. SO MOVED. SECOND. ALL IN FAVOR? AYE. ANYONE OPPOSED? OKAY, I

[01:00:15]

[12. Consider approval of the budget for the 2026-2027 fiscal year]

LET'S GO TO WHATEVER ITEM THAT IS THAT THE NEXT ITEM? YES. OKAY. WHAT HAVE WE GOT ON THE BUDGET? WE NEED A MOTION BEFORE I START. AM I GOOD? OKAY. HELLO. THANK YOU AGAIN. AGAIN, THIS BUDGET CAME FROM US TALKING AND ASKING ABOUT SOME OF THE PROJECTS I WASN'T AWARE OF AND SOME OF THE STRUCTURE. SO I'LL JUST KIND OF WALK THROUGH IT ON THIS MIDDLE COLUMN, THE 2526 ANNUALIZED ACTUAL THAT IS JUST TAKING OUR EXPENDITURES THIS YEAR AND JUST ANNUALIZING THEM.

OF COURSE, WE ALL KNOW WHAT THAT MEANS. THIS IS A BEST GUESS SCENARIO. WITH THAT SCENARIO, YOU WILL SEE. THAT WE WOULD END THE YEAR FISCAL YEAR 2526. I'M SORRY, WITH THE $95 MILLION FUND BALANCE, THAT FUND BALANCE WILL CONSIST OF THE COMMITTED ITEMS OF 21.5 MILLION, WHICH TIE BACK TO YOUR DEVELOPMENT PLAN, THE 14 MILLION WE HAD REMAINING FROM TXDOT. BECAUSE SINCE OUR LAST MEETING, WE HAVE HAD A $2 MILLION PAYOUT. THE 15 MILLION THAT WAS GIVEN TO ODESSA CITY OF ODESSA THIS YEAR TO COVER THIS YEAR AND NEXT YEAR, AND THEN CONTRACTS, ASSIGNED FUND BALANCE, PENDING CONTRACTS. SOME OF THOSE THAT WE TALKED ABOUT TODAY, JUST SOME OF THE ITEMS THAT WERE WORKING THAT I WASN'T COMPLETELY AWARE OF.

WE'VE GOT THOSE THERE. AND THEN TENTATIVELY, WE HAVE PUT THAT 9.3 MILLION OF JUST THINGS THAT WAS IN THE COMPLIANCE COMMITTEE THAT HAD NOT COME TO THE BOARD, HAD NOT COME TO US. WE JUST STUCK THAT INTO JUST PENDING BOARD APPROVAL. JUST SO YOU KNOW WHAT ALL THAT IS. THEN WE TAKE THAT ENDING FUND BALANCE OF 95 MILLION, AND WE START WORKING ON THE FISCAL YEAR 2627 BUDGET. SO IN THE LAST COLUMN, YOU'LL SEE THE SALES TAX OF 15.1. AS I SPOKE ABOUT A LITTLE BIT EARLIER IN OUR FINANCIALS, THAT IS MOST LIKELY A CONSERVATIVE NUMBER. THE CITY TOOK THE APPROACH TO WHERE WE TOOK THE LAST SIX MONTHS. PLUS, THE FIRST SIX MONTHS IS LIKE A 12 MONTH ROTATING SCHEDULE TO GET OUR ANNUALIZED ACTUAL, AND THEN WE TAKE A PERCENTAGE OF THAT, LIKE 25% OF THAT. WE WE PUT INTO THIS REVENUE, IT IS MOST LIKELY OVERLY CONSERVATIVE, BUT IF WE KEEP WITH HISTORICAL TRENDS, THAT'S WHAT WE NEED TO BUDGET THERE. THE INTEREST INCOME, AGAIN, THAT'S MOST LIKELY UNDER BUDGETED. BUT THAT'S THE BEST GUESS I CAN DO RIGHT NOW. THE EXPENDITURES, A LOT OF THOSE COME FROM THE ACTUAL PROPOSALS WE RECEIVED.

AND THEN IT COMES FROM JUST ANNUALIZING LAST YEAR'S. THE CONTRACT AMOUNTS IN THERE, I ESTIMATED BASED OFF THE CONTRACTS, WHAT I THINK WILL GO INTO THEIR. WHILE OF COURSE THE BUDGET IS BINDING, ANYTIME THAT Y'ALL ARE APPROVING PAYMENTS THROUGHOUT THE YEAR, THAT AUTOMATICALLY ALTERS THE BUDGET TO MATCH THOSE PAYMENT REQUESTS. SO THAT BEST CASE SCENARIO IS GOOD ENOUGH FOR THE REGULATIONS ATTACHED TO THIS BUDGET. IF WE DO EVERYTHING AS PLANNED, YOU WILL SEE THAT THE FISCAL YEAR 2627 FUND BALANCE WILL ACTUALLY DECREASE A LITTLE BIT. AND THAT'S NOT A BAD THING BECAUSE THAT MEANS WE'RE CONTRIBUTING TO OUR COMMUNITY. WHENEVER YOU GO DOWN AND YOU LOOK AT HOW THE FUND BALANCE BREAKS UP, YOU WILL SEE AGAIN THAT COMMITTED FUND BALANCE. THAT WILL BE EVERYTHING THAT WAS IN THE 21.5 FROM FISCAL YEAR 26, 27 LESS PAYMENTS THAT WE ANTICIPATE MAKING THAT TEXDOT FUND BALANCE. YOU WILL SEE THAT REDUCED TO 12 MILLION, BECAUSE WE ANTICIPATE A $2 MILLION PAYMENT. AND THEN YOU GO DOWN TO THE PENDING CONTRACTS. AND THAT STAYED THE SAME BECAUSE I JUST DON'T KNOW ENOUGH TO MAKE ANY GUESSES ON

[01:05:04]

I'M SORRY, 35.2 MILLION. THAT INCLUDES WHAT WE ALL LOVINGLY REFER TO AS THE DRY POWDER. OF THE 25 MILLION AND. YES, THAT'S IT ON THAT ONE, BECAUSE WE PUT THE 7.5 MILLION OF CAPITAL INFRASTRUCTURE INTO THE BUDGET. SO THAT'S HOW THAT BREAKS DOWN. ANY QUESTIONS? WE'RE BUDGETING TO SPEND $12 MILLION MORE THAN WE MAKE, BUT WE'VE GOT MONEY IN THE FUNDS TO COVER IT. YES. SO.

THIS IS THE RESULTS OF Y'ALL'S MEETING WITH. YEAH. SOME OF IT. YEAH. WE IT'S A IT'S CLEANER.

IT'S I THINK WE GOT A BETTER FEEL FOR HOW MUCH IS OUT THERE. RIGHT? WHERE DOES THIS PUT US? AND THIS MAY BE FOR THE OTHER AGENDA ITEM ON THAT. THE CITY'S REQUEST FOR THE AMOUNT OVER EVERYTHING OVER THE DRY POWDER THAT THEY'RE REQUESTING. IS THAT FACTORED IN HERE? YOU KNOW, WE HAD THAT CONVERSATION LAST MEETING OR JUST, JUST, JUST STRAIGHT, STRAIGHT BUDGET. THIS IS BASICALLY WE'RE GOING TO GIVE THEM 15 MILLION OVER THE NEXT TWO YEARS. SO AND I KNOW THAT'S WHAT WE TALKED ABOUT. IT'S 15 MILLION FOR THE NEXT TWO YEARS. BASICALLY, WE JUST NEED TO SAY IF YOU'VE GOT A PROJECT, WE NEED TO LOOK AT IT. AND IF WE'VE GOT MONEY AVAILABLE ABOVE WHAT WE'RE GOING TO HAVE A BUNCH ABOVE OUR DRY POWDER ANYMORE, RIGHT? SO YEAH, I DON'T THINK WE TELL THEM NO. WE SAY, LET US LOOK AT EACH DEAL. IF IT'S IF IT'S GROWTH, ECONOMIC DEVELOPMENT, I THINK WE'RE ALL FOR IT. YEAH. SO TAKEN BY ITEM INDIVIDUAL POCKET. SO. ANYBODY GOT ANY OTHER QUESTIONS ABOUT THIS BUDGET. I MAKE A MOTION. WE APPROVE. A SECOND SECOND. ALL IN FAVOR. AYE. ANYONE OPPOSED. ALL RIGHT THANK YOU. THANK YOU FOR ALL YOUR WORK. THANK YOU. APPRECIATE IT. AND THANK YOU AGAIN FOR HELPING ME WEAR YOU OUT. BUT I APPRECIATE YOUR WORK. NO IT'S FINE, THANK YOU, THANK YOU. JUST KEEP TAKING THE NERVE PILLS. YEAH, I KNOW, RIGHT. DON'T LOSE MY HAIR. I'LL BE OKAY. AND THEN. DO YOU NEED ME

[11. Consider approval of the general development plan for the 2026-2027 fiscal year]

I MEAN, I THINK CAN WE JUST PULL IT FROM THE TABLE AND THEN JUST VOTE ON IT? YEAH, WE NEED ANOTHER DISCUSSION. SO WE NEED A MOTION TO PULL IT FROM THE TABLE. YEAH. DID I HEAR THAT MOVE TO PULL IT FROM THE TABLE. THE SECOND SECOND SECOND. ALL IN FAVOR. AYE. OKAY. NOW THAT WE'VE PULLED IT FROM THE TABLE, IS THERE DISCUSSION ON IT? ANYTHING ABOUT THIS PLAN YOU DON'T AGREE WITH? I DON'T THINK WE DID HAVE THE VOTES TO SUPPORT IT FROM THE TABLE. IT WASN'T. IT WAS THE MAIN REASON. YEAH. AND SHE'S GOT IN HERE THE LIST OF CONTRACT ALL THE CONTRACTS. SHE'S GOT THE LIST OF TEX DOT. WHAT'S WHAT'S COMING THAT WE KNOW ABOUT. SO IT'S ALL AND THAT WAS IN THE BUDGET. SO I DON'T I DON'T SEE ANYTHING IN HERE THAT I WANT TO CHANGE. I JUST THOUGHT YEAH, SOMEBODY ELSE MIGHT HAVE SEEN SOMETHING I DIDN'T. I THINK YOU'RE ALL RIGHT. SO I HAVE A MOTION. WE ACCEPT THIS. SO MAY AND I HAVE A SECOND. SECOND.

ALL IN FAVOR? AYE. ANYONE OPPOSED? OKAY, SO WE'VE APPROVED THAT. I THINK THE ONLY

[13. Appoint members to the Compliance Committee]

OUR APPLICATION. SEE SOMEBODY'S DAUGHTER. SHE'S DAVID TURNER DAUGHTER. WELL, I DIDN'T MEAN IT LIKE THAT. SO NOW THIS IS A FAMILY DEAL. BUT ANYWAY, YOU KNOW, HER DAD WAS A FAVOR TO SOMEBODY. HER DAD WAS A FORMER MAYOR. HE WAS VERY INVOLVED IN COMMUNITY. I THINK SHE WANTS TO GET INVOLVED IN COMMUNITY. SO I THINK IT'S A GOOD THING. I DON'T KNOW, I GUESS SHE MEETS

[01:10:04]

[14. Upcoming dates for future ODC Board meetings]