11. Consider and act upon the appointment of a Municipal Judge, and authorize the Mayor to execute an agreement for same. (JJ)

[10. Consider and act upon whether to direct staff to submit a written notice of appeals on behalf of the Town Council to the Development Services Department, pursuant to Chapter 4, Section 1.5(C)(7) and 1.6(B)(7) of the Town’s Zoning Ordinance, regarding action taken by the Planning & Zoning Commission on Preliminary Site Plans and Site Plans. (DH)]

YOU. JUDGE. THANK YOU. NEXT WOULD BE ITEM NUMBER TEN, MAYOR PRO TEM BARTLEY, DEPUTY MAYOR PRO TEM BARTLEY. THANK YOU. DAVID. IT'S TEN THREE. IT'S ITEM NUMBER THREE UNDER TEN. BECAUSE I THINK THERE WERE THREE ITEMS THERE, BUT I JUST WANT TO FOCUS ON THE THIRD ONE. HOLD ON FOR ONE SECOND. ONE SECOND. OKAY I JUST WANT TO BE ON THE PHONE. NO, NO, NO. OKAY. THANK YOU.

THANK YOU. THANK YOU. I HAVE QUESTIONS. YES, I DO HAVE QUESTIONS. OKAY. I, I HAVE A COUPLE QUESTIONS ABOUT THIS, I DON'T KNOW. I DIDN'T LISTEN TO THE P AND Z HEARING, SO I DON'T KNOW WHAT WAS DISCUSSED WITH IT, BUT I DO HAVE SOME QUESTIONS. SO THE FIRST QUESTION IS, WHERE IT SHOWS THE PICNIC AREA IN THE MIDDLE WHERE IT SHOWS THE PICNIC TABLES. IT'S IT LOOKS LIKE IT'S SUPPOSED TO BE SOLID. TO THE LEFT OF THAT, THERE ARE THESE LITTLE BOXES IN ANOTHER ISLAND, AND IT SAYS PROPOSED ELECTRIC EASEMENT. CAN YOU TELL ME WHAT THAT IS? I DON'T I DIDN'T REALLY UNDERSTAND WHAT THOSE ARE, THOSE COMPONENTS FOR THE CHARGERS OR FOR THE CAR CHARGERS. THERE ARE FOUR OF THE EV CHARGERS THAT ARE PART OF WHAT THIS ADDITION IS. AND MAYBE JUST TO TAKE A SLIGHT STEP BACK, THERE'S A 7-ELEVEN TO THE NORTH OF THE SITE, AND IT'S 7-ELEVEN THAT'S BASICALLY EXPANDING DOWN INTO THIS SITE FOR REASONS OF ADDING THE EV CHARGING STATION, BUT ALSO TO ADD, IF YOU SEE A LITTLE FARTHER TO THE LEFT FROM WHAT YOU WERE JUST TALKING ABOUT, THERE ARE LONGER MARKED PARKING SPACES AND THAT'S PREDOMINANTLY AND PROBABLY WIND UP BEING EXCLUSIVELY FOR VEHICLES THAT HAVE TRAILERS. AND IT SEEMS THAT IT'S PRIMARILY LANDSCAPING BUSINESSES THAT COME THROUGH. WE HAVE SEVERAL LOCATIONS AROUND TOWN WHEN THEY COME THROUGH DURING THE DAY FOR LUNCHES AND SO FORTH. IT GETS QUITE BUSY AND QUITE CROWDED. AND SO THE EXTENSION OF THOSE COMING DOWN FOR THE FOLKS ARE WHAT PROMPTED THE PICNIC TABLE AREAS. THERE'S A LOT OF CONCRETE THERE BECAUSE OF THE LONGER PARKING SPACES, THE ADDITIONAL PARKING CAN SEENR PATRONS THAT THAT COME TO THE 7-ELEVEN AS WELL AS ON THE SOUTH SIDE OF WHERE THE LITTLE PICNIC TABLES ARE, AND WITH ALL THE ADDITIONAL CONCRETE, EVEN WITH THE OPEN SPACE AND THE AMOUNT OF TREES AND GREEN SPACE THAT WAS INCLUDED, IT STILL SEEMED LIKE MAYBE THERE COULD BE SOMETHING

[00:15:03]

ELSE FOR ALL THE PEOPLE THAT ARE COMING TO EAT THEIR LUNCH THERE, INSTEAD OF HAVING TO SIT ON THE CURB. AND SO THAT'S WHERE THE IDEA OF THE PICNIC TABLES CAME FROM. AND THE 7-ELEVEN FOLKS THOUGHT THAT WAS A GOOD IDEA AND INCLUDED IT IN. SO THAT'S WHAT ALL THE PIECES ARE. SO THE THOSE THOSE BOXES, THOSE EASEMENTS ARE THOSE I ASSUME THEY'RE GOING TO BE SCREENED BY LANDSCAPING. IS WHAT IT SAYS IN THE PACKET. BUT WHEN I LOOK AT THE LANDSCAPE PLAN, IT LOOKS LIKE JUST THREE SIDES ARE SCREENED. AND IT LOOKS LIKE THEY'RE JUST KIND OF SMALL SHRUBS. SO I WAS JUST WONDERING, LIKE, CAN YOU GIVE ME AN IDEA OF PERSPECTIVE FOR HEIGHT AND ALL THAT THERE? I DON'T I DON'T KNOW IF THOSE ARE JUST SMALL BOXES. I JUST CAN'T UNDERSTAND. LIKE I JUST WANT TO MAKE SURE THEY'RE SCREENED. THAT'S WHAT I'M. THAT'S WHAT I'M ASKING. YEAH. THE SCREENING. LIKE YOU SAY, THE SHRUBS GO AROUND AND THEN THERE'S THE, THE TREES ON THE, THE FOURTH SIDE, IF YOU WILL, WHICH WOULD BE THE WEST SIDE OF THAT LITTLE AREA THAT YOU'RE TALKING ABOUT, I BELIEVE. RIGHT.

YEAH AND SO HOW THAT, THAT LAYS OUT, IF WE, WE NEED TO GET SOME, SOME MORE SHRUBS AS IT COMES IN, WE BELIEVE THAT THAT THAT WILL SERVE THE PURPOSE OF WHAT IT'S SUPPOSED TO DO, WHICH IS SCREEN IT FROM THE STREET SIDES, WHICH ARE TO THE EAST AS OPPOSED TO FROM THE PARKING SIDE, WHICH IS ON THE WEST. SO I THINK IT WILL WILL ADEQUATELY SERVE THE PURPOSE THAT IT'S SUPPOSED TO, AND THEN I HAVE TWO JUST CONCERNS, AND I GUESS THIS WOULD BE MORE QUESTIONS FOR THE APPLICANT. AND REALLY SO ON THE PULL THROUGH, I UNDERSTAND THE NEED FOR IT. I KNOW THAT THAT 7-ELEVEN IS QUITE BUSY, AND I KNOW THAT THERE'S PARKING EXTRA PARKING NEEDED FOR THE I THINK IT'LL END UP BEING KIND OF OVERFLOW PARKING, TOO, FOR THE LITTLE STRIP CENTER TO THE TO THE WEST OF THIS. BUT MY QUESTION IS, IS THERE ANY KIND OF SIGNAGE OR ANY KIND OF ANYTHING THAT INDICATES TO PEOPLE THAT THERE IS NO OVERNIGHT PARKING? MY CONCERN IS THAT YOU MIGHT HAVE RV PARKING. I KNOW WE'VE HAD THAT ISSUE IN THE WALMART PARKING LOT. YOU HAVE SOME RV PARKING OF PEOPLE THAT MAYBE WANT TO STAY THE NIGHT, STAY OVER, WANT TO CHARGE THEIR CAR OVERNIGHT, AND THE EV CHARGING STATION. SO THAT IS MY FIRST CONCERN. THE OTHER CONCERN IS WHAT IS THE PROPERTY MAINTENANCE PLAN FOR THIS PROPERTY? BECAUSE, AS YOU KNOW, AND AS THE STAFF KNOWS, MY PAIN POINT IS THAT WE HAVE VERY, AGGRESSIVE LANDSCAPING BECAUSE WE LIKE THE OPEN SPACE AND WE LIKE, WE LIKE PROSPER TO LOOK A CERTAIN WAY, BUT IT'S NOT ALWAYS MAINTAINED. AND I THINK WITH A PICNIC AREA WHERE YOU'VE GOT PEOPLE IN AND OUT, YOU'VE GOT, YOU KNOW, YOU'VE GOT THEM OBVIOUSLY USING A PICNIC AREA. SO THERE'S GOING TO BE TRASH, AND THEN JUST MAKING SURE THAT THE GRASS, THE SOD AND ALL OF THE PLANT MATERIAL IS MAINTAINE.

I WOULD LIKE TO HEAR FROM THE APPLICANT WHAT THEIR MAINTENANCE PLAN IS FOR THIS PROPERTY. OKAY.

I'LL ANSWER THE FIRST PIECE, IF THAT'S OKAY. YEAH. AS FAR AS THE OVERNIGHT PARKING, WE WILL WORK WITH THEM TO PUT APPROPRIATE SIGNAGE THERE. THAT THAT CAN'T HAPPEN. WE ACTUALLY HAVE A COUPLE OF PROVISIONS IN OUR CODES CURRENTLY THAT THAT DEAL WITH THAT, YOU CAN'T BE IN A WHETHER IT'S AN RV OR A TRUCK OR ANYTHING ELSE SLEEPING OVERNIGHT. AND SO THAT THAT ELIMINATES A BIG PIECE OF THAT. BUT IT'S SOMETHING THAT WE ALSO DISCUSSED EARLY ON WHEN WE WERE TALKING ABOUT THIS, WAS THAT THE SPACES ARE SIMILAR TO WHAT YOU SEE WITH TRUCK STOPS, AND SO THEY LOOK LONGER BECAUSE OF THE TRAILERS ARE LONGER. AND SO WE WANTED TO MAKE SURE THAT PEOPLE WOULDN'T AUTOMATICALLY ASSUME THAT THAT'S OKAY FOR THEM TO DO THE EV CHARGING. I THINK IS JUST A PARTICULARLY WE DON'T ACTUALLY HAVE AN ORDINANCE AGAINST PARKING EVS OVERNIGHT WHILE THEY'RE CHARGING, BUT WE'LL WORK WITH THEM TO GET APPROPRIATE SIGNAGE THAT SAYS THAT CAN'T BE DONE. I THINK IT'S PRETTY INFREQUENT. SOMEBODY WOULD WANT TO LEAVE THEIR CAR OUT OVERNIGHT AT SOME PLACE THAT'S THAT'S NOT THEIR HOUSE, SO TO SPEAK. BUT JUST IN CASE, YOU KNOW, WE'LL COVER THAT AS FAR AS THEIR MAINTENANCE PLAN, I CAN ANSWER THAT ONE. WE HAVE BEFORE WE GO OFF OF THAT, DAVID. YES, SIR, SO WE CAN PUT WE PUT SIGNS UP THER, BUT IT HAPPENS IN THE LARGE BIG BOX AT THE CORNER OF PROSPER TRAIL. AND PRESTON. EVERY WEEKEND THERE'S VEHICLES, USUALLY COMMERCIAL VEHICLES, PARKED THERE OVERNIGHT. SO WHAT'S THE A SIGN. WHAT'S THE ACTUAL ENFORCEMENT SINCE IT'S ON PRIVATE PROPERTY, THEY'VE GOT TO GO GET SOMEONE TO TOW THAT VEHICLE. RIGHT. OR WE CAN ACTUALLY WRITE A CITATION FROM THE CODE PERSPECTIVE TO THE PROPERTY OWNER, BECAUSE THEY'RE THE ONES THAT ARE ALLOWING IT TO HAPPEN. IT'S INCUMBENT UPON THEM

[00:20:01]

TO STOP IT. I'M NOT AWARE OF THE SITUATION YOU'RE TALKING ABOUT. IT HASN'T BEEN BROUGHT TO MY ATTENTION, BUT WE CAN CAN LOOK INTO THAT. I DO KNOW ON THE OTHER SIDE OF CUSTER, WHICH IS RIGHT OUTSIDE OF OUR CITY LIMITS, THERE TENDS TO BE A FAIR AMOUNT OF COMMERCIAL, BEING, YOU KNOW, TRACTOR TRAILER RIGS THAT ARE PARKED THERE FAIRLY FREQUENTLY. I SEE THEM A LOT GOING BACK AND FORTH, BUT IT'S OUTSIDE OF THE CITY, SO WE CAN'T DO ANYTHING ABOUT IT. SO IF THE SIGN IS POSTED FOR NO OVERNIGHT PARKING, THEN WE WOULD CITE THE PROPERTY OWNER, CORRECT. FOR ALLOWING IT. CORRECT. AND ULTIMATELY IT'S THE PROPERTY OWNER THAT'S RESPONSIBLE FOR VIRTUALLY ANY TYPE OF CODE VIOLATION. WE TYPICALLY GO AFTER BUSINESS OWNERS OR THE PEOPLE THAT ARE CAUSING THE PROBLEMS OR WHAT HAVE YOU. BUT IF WE DON'T GET RESPONSES, WE CAN ULTIMATELY GO TO THE BUSINESS OWNER. WHAT WHAT RECOURSE ARE THEY? THEY HAVE A SIGN THERE. THE ONLY RECOURSE THEY HAVE IS TO HAVE IT TOWED AWAY. CORRECT IS THIS PROPERTY OWNED BY THE SAME PEOPLE THAT OWN 7-ELEVEN, OR IS THIS PROPERTY OWNED BY THE SAME ENTITY THAT OWNS THE OTHER PART OF THE SHOPPING CENTER? THE PROPERTY RIGHT NOW, UNLESS SOMETHING'S CHANGED AND THE REPRESENTATIVE CAN CAN STATE DIFFERENTLY, BUT IT'S UNDER A LEASE, IT BELONGS TO THE DEVELOPERS STILL. AND THEY'RE LEASING THIS LOT TO 7-ELEVEN. BUT THEY HAVE APPROACHED US ABOUT PLANTING OR REPLANTING, PUTTING THE TWO LOTS TOGETHER INTO ONE LOT, IN WHICH CASE THEN IT WOULD WOULD THE OWNERSHIP WOULD OBVIOUSLY CHANGE OVER TO THE 7-ELEVEN GROUP. THE NOW THE MAINTENANCE ISSUE. THANK YOU. GOOD EVENING. MY NAME IS STEVEN MCGURK. I'M THE ENTITLEMENT MANAGER AT 7-ELEVEN FOR A NEW STORE DEVELOPMENT IN TEXAS IN, IN IN OKLAHOMA, FIRST, I'LL SPEAK TO YOUR YOUR CONCERNS WITH RELATION TO THE OVERNIGHT PARKING, SO THAT FIRST IS DETRIMENTAL TO OUR BUSINESS MODEL AS WELL. SO WE'RE WE'RE FULLY ON BOARD, HAVE NO INTENTION OF ALLOWING THAT TO OCCUR, NOT TO MENTION WE ARE FULLY ON BOARD WITH, PUTTING SIGNAGE AS WELL, JUST TO FURTHER PROHIBIT THAT, THIS IS ALSO A CORPORATE LOCATION, WHICH HAS A HIGHER STANDARD, THAN A FRANCHISEE LOCATION. AND WITH THIS BEING A DFW TWO, IT'S A VERY IMPORTANT LOCATION, IN DFW, IN THE HOME HEADQUARTERS FOR 7-ELEVEN, SO WE'LL BE VERY RESPONSIVE, IN IN ACTION, IN PARTICULAR WITH THE STORE, AS YOU GUYS KNOW, THAT THIS IS A HIGH TRAFFICKED LOCATION AS WEL. SO, SO, YEAH, AND IT'S ALSO, JUST TO MENTION WITH THE TRUCK PARKING, IF SOMEONE WERE TO PARK THERE AND STAY THERE FOR A LONGER TIME, IT'S JUST GOING TO HAVE A RIPPLE EFFECT ON THE SITE PLAN, WHICH WE'RE TRYING TO MITIGATE RIGHT NOW, WHICH JUST ALLOWING FOR MUCH MORE MANEUVERABILITY, DOWN THE ROAD. SO, JUST WANTED TO, TO CLARIFY ON THAT ASPECT. AND THEN I'VE ALSO GOT, A MEMBER OF OUR OPERATIONS TEAM, OUR MARKET LEADER HERE, AND HE CAN SPEAK SPECIFICALLY TO THE MAINTENANCE PLAN FOR THIS LOCATION. OKAY.

GREAT. THANK YOU. THANKS GOOD EVENING FOLKS. MY NAME IS LUCAS PATTON. I'M THE MARKET LEADER HERE FOR NORTH TEXAS CORPORATE STORES, SO TRADITIONALLY WITH LANDSCAPING, ANY LANDSCAPING AT ANY STORE, WE WORK AND HAVE A CONTRACT WITH THE THIRD PARTY LANDSCAPING TEAM THAT WILL KEEP UP WITH IT AS NEEDED, DEPENDING ON THE WHETHER IT'S WEEKLY OR BIWEEKLY. AND THEN WHAT ABOUT, LIKE, JUST TRASH REMOVAL AND THINGS LIKE THAT. THAT'S, THAT'S REALLY, YOU KNOW, BECAUSE OF YOUR LOCATION, YOU HAVE A COUPLE OF KNOCKS AGAINST YOU WITH YOUR LOCATION BEING ON TWO MAJOR THOROUGHFARES. PLUS YOU'VE GOT NOW THIS PICNIC AREA AND KIND OF A PARKING LOT AREA. SO DO YOU HAVE, YOU KNOW, SOMEONE THAT COMES IN ON A DAILY BASIS OR, YOU KNOW, EVERY COUPLE DAYS AND PICKS UP TRASH, PULLS WEEDS, MAKE SURE THE GRASS LOOKS GOOD, THAT KIND OF THING? YEP SO THE GRASS AND THE LANDSCAPING PIECE, WE DO RELY ON OUR THIRD PARTY FOLKS. AND THEN WE CONTINUE TO FOLLOW UP WITH THEM IF THEY'RE NOT MEETING, YOU KNOW, OUR, OUR REQUIREMENTS, THE DAY TO DAY TRASH PICKUP, THAT'S WHAT WE CALL A SHIFT DUTY. RIGHT. SO THE FOLKS ON ON SHIFT WILL GO OUT AND POLICE THE PARKING LOT ON A PERIODIC BASIS THROUGHOUT THEIR EIGHT HOUR SHIFT TO MAKE SURE THAT ALL LITTER AND TRASH IS PICKED UP. OKAY, SO THIS IS SOMETHING THAT I ASK EVERY DEVELOPER. SO I'M JUST GOING TO PUT YOU ON THE HOT SEAT A LITTLE BIT AND ASK YOU, ARE YOU AWARE OF A PROSPERS EXPECTATIONS FOR LANDSCAPE MAINTENANCE AND PROPERTY MAINTENANCE? OKAY.

THANK YOU. SO I'M GOING TO FOLLOW UP ON THAT. SO THEY'RE NOT THEY'RE THEY'RE THE TENANT.

SO REALLY PROPERTY. YEAH. SO THEY'RE THEY'RE SO IT'S KIND OF MORE COMPLICATED. IT GOES BACK

[00:25:04]

TO THE QUESTION OF MR. HOOVER. THESE GUYS AREN'T GOING TO BE THE ONES THAT WOULD GET A TICKET. IT'S GOING TO BE THE PROPERTY OWNER THAT'S GOING TO GET IT. SURE. AND I CAN SPEAK TO WHAT WAS BROUGHT UP ABOUT, JUST THE OVERALL DEVELOPMENT AND WHO'S THE OWNERSHIP. IT'S ALL UNDER ONE OWNERSHIP GROUP. VICTORY GROUP. THEY'RE LOCAL IN DALLAS, THAT'S WHO WE'VE BEEN WORKING WITH THE ENTIRE TIME. AND THAT'S WHO OUR, OUR LEASE THAT WE'VE JUST NEGOTIATED FOR THIS EXPANSION IS ALSO WITH. YEAH. SO VICTORY GROUP WOULD BE THE RESPONSIBLE PARTY FOR ALL THOSE THINGS. SO OKAY. IS THERE ANYBODY HERE FROM THEM FROM VICTORY? NO. NO, MA'AM. OKAY OKAY. ANY OTHER QUESTIONS OKAY. FOR THIS ITEM. DO YOU HAVE A MOTION, YEAH. MAKE A MOTION TO APPROVE ITEM NUMBER TEN. OKAY. I HAVE A MOTION. IS THERE A SECOND ON THAT SECOND BY CAMERON. ALL IN FAVOR? MOTION PASSES UNANIMOUSLY. THANK YOU VERY MUCH FOR YOUR TIME. APPRECIATE YOU.

THANK YOU. JUST GET THAT ONE. PLEASE OKAY. SO THOSE. SORRY. SO WE GET ALL THOSE DOWN. ALL RIGHT. AT THIS TIME WE WILL MOVE TO OUR CITIZENS. COMMENTS. THE PUBLIC IS INVITED TO ADDRESS THE COUNCIL ON ANY TOPIC. HOWEVER, THE COUNCIL IS UNABLE TO DISCUSS OR TAKE ACTION ON ANY TOPIC NOT LISTED ON THIS AGENDA. PLEASE COMPLETE A PUBLIC COMMENT REQUEST FORM AND PRESENT IT TO THE TOWN SECRETARY PRIOR TO THE MEETING. PLEASE LIMIT YOUR COMMENTS TO THREE MINUTES. IF MULTIPLE INDIVIDUALS WISH TO SPEAK ON A TOPIC, THEY MAY YIELD THEIR THREE MINUTES TO ONE INDIVIDUAL APPOINTED TO SPEAK ON THEIR BEHALF. ALL INDIVIDUALS YIELDING THEIR TIME MUST BE PRESENT AT THE MEETING, AND THE APPOINTED INDIVIDUAL WILL BE LIMITED TO A TOTAL OF 15 MINUTES. IS THERE ANYONE THAT WOULD LIKE TO ADDRESS THE COUNCIL TONIGHT? NOPE SEEING

[12. Conduct a public hearing to receive public input, consider such input, and consider and act upon an ordinance adopting the Fiscal Year (FY) 2024-2025 Annual Operating and Capital Project Funds budgets and five-year Capital Improvement Program for the fiscal year beginning October 1, 2024, and ending September 30, 2025. (CL)]

NONE, WE'LL MOVE TO OUR REGULAR AGENDA PURSUANT TO SECTION 551.007 OF THE TEXAS GOVERNMENT CODE, INDIVIDUALS WISHING TO ADDRESS THE COUNCIL FOR ITEMS LISTED AS PUBLIC HEARINGS WILL BE RECOGNIZED WHEN THE PUBLIC HEARING IS OPEN. OUR NEXT AGENDA ITEM IS NUMBER 12, WHICH IS TO CONDUCT A PUBLIC HEARING TO RECEIVE PUBLIC INPUT, CONSIDER SUCH INPUT AND CONSIDER AND ACT UPON AN ORDINANCE ADOPTING THE FY 2024 2025 ANNUAL OPERATING AND CAPITAL PROJECT FUND BUDGETS AND THE FIVE YEAR CAPITAL IMPROVEMENT PROGRAM FOR FISCAL YEAR BEGINNING OCTOBER 1ST, 2024, ENDING SEPTEMBER 30TH, 2025. AND CHRIS LANDRUM, THANK YOU, MAYOR AND PROSPER TOWN COUNCIL, I START WITH THE TOWN COUNCIL'S STRATEGIC VISIONING PRIORITIES BECAUSE THAT'S HOW STAFF STARTS WHEN THEY ARE PUTTING THEIR BUDGET TOGETHER. AND SO THROUGH THE BUDGET, YOU WILL SEE SEVERAL ITEMS THAT ADDRESS SOME OF THE STRATEGIC VISIONING PRIORITIES, A LITTLE BACKGROUND ON HOW WE GOT GOT TO WHERE WE ARE TONIGHT, IT STARTED IN FEBRUARY, WHEN STAFF PRESENTED A MULTI-YEAR BUDGET PROJECTIONS, TO THE COUNCIL AT A WORKSHOP. COUNCIL OFFICIALLY ADOPTED THE STRATEGIC VISIONING ON MAY 28TH. THE SEVERAL SUBCOMMITTEES HAVE MET TO MAKE INDIVIDUAL DECISIONS. IN WHICH GOES INTO THE BUDGET, THE FINAL BUDGET, ON JULY 25TH IS WHEN WE RECEIVED OUR THE CERTIFIED ROLLS, AND THEN ON JULY 30TH, WE HELD A BUDGET WORKSHOP HERE AT TOWN HALL. AND IT WAS MADE AVAILABLE. IT WAS RECORDED AND MADE AVAILABLE, ONLINE. I'M SORRY, NOT THAT ONE. THEN ON THE NEXT SLIDE, THE SUBCOMMITTEES THEN CAME BACK AND MET AGAIN, AND THEN THE BUDGET TOWN HALL ON AUGUST 29TH IS THE ONE THAT WAS RECORDED AND MADE AVAILABLE ONLINE. AND THAT BRINGS US TONIGHT TO THE PUBLIC HEARING AND THE VOTE ON THE BUDGET, SO JUST IN BRIEF, THE APPROPRIATIONS FOR THE BUDGET ARE ABOUT 102 MILLION, AND THAT'S MADE UP PRIMARILY OF THE GENERAL FUND, WHICH IS ABOUT 53 MILLION OF THAT, WE ALSO IMPOSE A SPECIAL PURPOSE DISTRICTS, THAT'S FUNDED BY SALES TAX. FOR BOTH THE CRIME CONTROL AND PREVENTION AND ALSO THE FIRE CONTROL AND EMERGENCY MEDICAL SERVICES, AND THEN ALTOGETHER, THE TOWN'S UTILITY FUNDS BEING THE WATER, WASTEWATER, SOLID WASTE AND STORM DRAINAGE, EQUATES TO ROUGHLY ABOUT 43 MILLION, THERE IS OVER 18 MILLION IN DEBT SERVICE. AND THEN WE HAVE ADDED, 51 MILLION IN CAPITAL PROJECTS FOR JUST GOVERNMENTAL CAPITAL PROJECTS.

KEY DRIVERS IN THIS, BUDGET FOR REVENUES, PRIMARILY COME FROM PROPERTY TAX SALES TAX AND FRANCHISE FEES. THOSE THREE SOURCES ALONE, COMPRISE 77% OF THE REVENUE IN THE GENERAL FUND,

[00:30:06]

WE'RE LOOKING AT AN OVERALL GROWTH FROM THE AMENDED BUDGET OF ABOUT 7% IN REVENUES, AND THEN LOOKING AT SALES TAX ALONE, WE'RE LOOKING AT ABOUT A 10% INCREASE IN THE SALES TAX NUMBERS. FOR THE GENERAL FUND, WE HAVE 19 POSITIONS BEING PROPOSED. THESE POSITIONS ARE STAGGERED STARTS AND SO THEY DON'T NOT ALL OF THEM START RIGHT AT THE BEGINNING OF THE FISCAL YEAR, AND YOU CAN SEE THE START DATE THAT'S LISTED ON, ON HERE, AND THEN, ONE SPECIAL THING I WANT TO POINT OUT IS THE FIVE POLICE OFFICERS DID RECEIVE SOME GRANT FUNDING. AND SO THERE IS A LITTLE BIT OF GRANT REVENUE ASSOCIATED WITH THOSE FIVE POLICE OFFICERS. FOR THE WATER AND WASTEWATER FUND, THERE IS A CREW THAT IS PROPOSED. AND THEN FOR STORMWATER DRAINAGE, CURRENTLY WE HAVE A TWO CREWS THAT ARE BEING RUN BY ONE, CREW LEADER, DRAINAGE AND STREETS, THOSE ARE VERY MUCH RELATED, AND SO THE WORKLOAD HAS GOTTEN TO THE POINT THAT WE FEEL THAT A CREW LEADER FOR THE STORMWATER SIDE CREW IS, IS WARRANTED. SO TOTAL THAT'S ABOUT 23 POSITIONS, IF YOU COMPARE THAT FOR YOUR REFERENCE, LAST YEAR WE HAD OVER 30 POSITIONS THAT WERE ADDED IN THE BUDGET, SO THERE IS A MARKET STUDY INCLUDED, THE METHODOLOGY THAT WAS USED WAS TO TAKE THE AVERAGE OF THE MINIMUM, THE AVERAGE OF THE MAXIMUM AND DIVIDE THOSE BY TWO TO FIND THE MIDPOINT AND COMPARE THOSE MIDPOINTS TO OUR, OUR PAY PLANS, THE PREVIOUS PRESENTATION THAT I DID, WE HAD INCLUDED A 1.75% INCREASE WITH THAT. SO WE DID MEET WITH THE FINANCE SUBCOMMITTEE AND DISCUSSED HOLDING ON TO THAT 1.75% INCREASE UNTIL THE COMPENSATION AND BENEFITS STUDY WAS COMPLETE. AND SO WHILE WE STILL HAVE IT IN THE BUDGET, WE'RE HOLDING THAT INCREASE THE 1.75 BACK UNTIL THE PAY PLAN IS AND THE STUDY IS COMPLETE. AND THEN FOR YOUR NON PUBLIC SAFETY POSITIONS, IT WAS THE SAME METHODOLOGY WITH NO INCREASE OVER THE MARKET RATE.

SO LOOKING AT THE MAJOR ENHANCEMENTS THE COMPREHENSIVE COMPENSATION BENEFIT STUDY THAT I JUST MENTIONED, WE HAVE INCLUDED FOR 65,000, THERE ARE SEVERAL. IT SECURITY ENHANCEMENTS THAT ARE BEING DONE THAT TOTAL ABOUT 275,000, WE DID ADD A MANAGEMENT ANALYST, IN THIS BUDGET AND A FLEET COORDINATOR, AND A MUNICIPAL COURT CLERK FOR THE ADMINISTRATION SIDE, IN STREETS AND FACILITY MAINTENANCE. REPAIRS AND TO NOT ONLY SIGNS, BUT ALSO TO STREET MARKINGS, WE HAVE IN THERE ABOUT 73,000, WE HAVE A SIGNIFICANT PORTION DEDICATED TO MAINTENANCE AND REPAIRS OF TOWN FACILITIES AT 150,000, AND THEN THE FACILITIES MAINTENANCE TECHNICIAN THAT WAS ADDED, OVER IN PARKS AND RECREATION AND THE LIBRARY AS WELL, WE HAVE AN INCREASE TO EXISTING COMMUNITY EVENTS IN 90,000, NEW PARKS AND MEDIAN MAINTENANCE, SO WE'RE ADDING ABOUT 26% OF OUR MAINTAINED PARK ACREAGE WHEN WE OPEN UP RAYMOND AND LAKEWOOD. AND SO WE HAVE A SIGNIFICANT AMOUNT, THAT IS GOING TOWARDS JUST THE MAINTENANCE OF THAT PART OF THOSE PARKS WHEN THEY'RE OPEN, WE ARE POSTING AEDS OR AUTOMATED EXTERNAL DEFIBRILLATORS, SO THERE'S MONEY IN THERE FOR THAT, ADDITIONAL, WITH THE ADDITIONAL PARKS, WE HAVE IRRIGATION TECH AND A PARK SUPERVISOR, TO HELP YOU WORK SOME OF THAT LOAD. AND THEN THE LIBRARY, THERE WAS A LIBRARY ASSISTANT AND SOME TECHNOLOGY EQUIPMENT, FOR ENGINEERING, A MUCH NEEDED SENIOR TRAFFIC ENGINEER TO USE THE CURRENT RESOURCES. WE HAVE TO BE ABLE TO MAKE TRAFFIC FLOW BETTER, FOR, PUBLIC SAFETY ON THE POLICE SIDE, THERE WAS A REQUEST TO ADD A DEPUTY CHIEF. THAT IS THE RECLASS OF AN EXISTING POSITION, THERE IS GRANT FUNDS AVAILABLE TO EXPAND THE FLOCK SAFETY PROGRAM. AND ALSO GRANT FUNDS AVAILABLE TO

[00:35:04]

PURCHASE SOME SAFETY EQUIPMENT FOR THE OFFICERS. ONE DETECTIVE THAT WAS ADDED, THE FIVE POLICE OFFICERS, AS I MENTIONED BEFORE. AND THEN A 911 COMMUNICATION SUPERVISOR, ON THE FAR SIDE, WE ARE STARTING THE FIRST YEAR OF A FOUR YEAR PROGRAM TO REPLACE RADIOS, AND SO THAT AMOUNT IS LISTED THERE FOR YOU, WE ARE DOING ONLINE PARAMEDIC SCHOOL, THIS SCHOOL WILL ALLOW US, BECAUSE IT IS ONLINE TO BE ABLE TO KEEP THE STAFF ON SITE, ON DUTY WHILE THEY GO THROUGH THEIR TRAINING, PREVIOUSLY, WE HAD TO SEND THEM OUT AND BACKFILL. AND SO WE BELIEVE THAT THIS WILL HELP US WITH, OVERTIME COSTS, WE ARE ADDING A FIRE INSPECTOR INVESTIGATOR, AND THEN IN AN INCREASE TO THE ANNUAL PHYSICAL, LOOKING AT OTHER FUNDS, AND I'LL TOUCH ON THIS ON A LATER AGENDA ITEM, SO WE ARE A DISTRIBUTION AND COLLECTION UTILITY, MEANING THAT WE DO NOT PRODUCE ANY OF THE WATER THAT WE SELL. WE BUY IT FROM SOMEONE ELSE. THE COST TO US ARE GOING UP ROUGHLY, OR WHAT WE EXPECT TO BE ABOUT 13.8% IN THE RATES THAT WE'LL PAY TO BUY THAT WATER, ON THE WASTEWATER SIDE, THERE IS A SIGNIFICANT CAPITAL INVESTMENT IN A NEW WASTEWATER RECLAMATION PLANT, WE DID HAVE A RATE CONSULTANT. LOOK AT OUR RATES, AND THEY ARE RECOMMENDING THE 8.77% BLENDED, WHICH COMES FROM 6.3% INCREASE IN WATER RATES AND A 16% INCREASE IN THE WASTEWATER RATES. NOW, THIS WILL BE THE FIRST RATE THAT HAS BEEN DONE IN FOUR YEARS, IN THE SOLID WASTE FUND THAT IS A SELF-SUPPORTING FUND. AND THERE'S A CONTRACTUAL PRICE AGREEMENT THAT IS SET TO TAKE PLACE IN FEBRUARY THAT IS TIED TO INDICES. AND THEN FOR STORMWATER DRAINAGE, NO RATE INCREASE IS RECOMMENDED OR EXPECTED. IN THE LAST RATE INCREASE THAT WE HAD, IT WAS IN 2018. LOOKING AT THE DEBT SERVICE FUND, COUNCIL AUTHORIZED THE ISSUANCE OF 36.4 MILLION, FOR THE SERIES 2024, WE ARE ALSO REDEEMING SERIES 2014, WHICH THE PRINCIPAL AMOUNT LEFT ON THAT ISSUANCE WILL BE ABOUT 600,000, AND WE'RE ESTIMATING ABOUT $140,000 SAVINGS AND INTEREST BY THAT REDEMPTION, WE ARE LOOKING FORWARD TO POSSIBLY DOING A BOND ELECTION IN NOVEMBER OF 2025, BASED ON THE WAY WE BELIEVE THE PROPERTY TAX IS GOING TO GROW, WE BELIEVE WITHOUT A TAX RATE INCREASE, WE'LL BE ABLE TO AFFORD 152 MILLION FOR CONSIDERATION IN A NEW BOND ELECTION, THE DEBT SERVICE RATE IS INCREASING FROM THE 77 UP TO JUST OVER 18, SO WE DO HAVE TOWN POLICY THAT GUIDES US ON THIS. WE HAVE TO STAY OUR TOTAL OR OUR DEBT SERVICE RATE PORTION OF THE TOTAL TAX RATE HAS TO STAY BELOW 40, WE'RE AT 36% AT THIS PROPOSED RATE. AND THEN BY THE END OF 25, WE'LL HAVE AN OUTSTANDING TOTAL DEBT OF ABOUT 228 MILLION. WE ALSO HAVE TOWN POLICY THAT THAT THAT GUIDES THIS, WE MUST STAY BELOW 4% OF OUTSTANDING TOTAL DEBT AS A PERCENTAGE OF TAXABLE ASSESSED VALUE, BY OUR CALCULATIONS, WILL BE AT ABOUT 2.4%. AND WHAT THAT MEANS ON A PER CAPITA BASIS IS ABOUT $5,366 PER CAPITA. THERE WERE SEVERAL, NEW PROJECTS APPROVED. SO 51 MILLION IN TOTA, THE BULK OF THAT, COMES IN THE STREET PROJECTS AT ROUGHLY 36 MILLION, 6.6 FOR PARKS, 5.3 FOR FACILITIES. TWO FOR PUBLIC SAFETY. AND ANOTHER 1.5 MILLION, THAT'S UNRESTRICTED MONEY, FOR PROJECTS. THE DEBT ISSUANCE, I, I MENTIONED BEFORE, GOES TO THE PROJECTS THAT ARE LISTED ON THE SCREEN, FOR THE AUTHORIZATION OF PARKS AND RECREATION PROJECTS.

WE HAVE ABOUT 4.3 MILLION REMAINING OF THE ORIGINAL 30 MILLION, THAT WAS ISSUED. WE ISSUED THIS THIS TIME AROUND 10.9, FOR THE PUBLIC SAFETY AUTHORIZATION, WE ONLY HAVE ABOUT 1.2 MILLION REMAINING OF THE 30 MILLION THAT WAS AUTHORIZED, FOR FIRE STATION FOUR, WE ISSUED ABOUT 10.2. AND THEN FOR THE STREETS AND TRANSPORTATION PROJECTS. WE HAVE

[00:40:04]

ROUGHLY 57.5 MILLION REMAINING OF THE 150 MILLION THAT WAS AUTHORIZED. AND THE PROJECTS ARE LISTED THERE ON THE SCREEN FOR YOU. SO IN ADDITION TO, DEBT FINANCING, WE ALSO TAKE A PORTION OF OUR TAX RATE AND CASH FUND OR PAY AS YOU GO FUND PROJECTS. AND SO THIS YEAR WE HAD ABOUT 9.6 MILLION IN TOTAL FOR PAY AS YOU GO PROJECT PROJECTS, FOR FACILITIES, WE ARE LOOKING AT A PARKS AND PUBLIC WORKS FACILITY, THIS WAS JUST THE FIRST PHASE, IT'S NOT THE TOTAL AMOUNT IS JUST MONEY SET TOWARDS THIS PROJECT OF 2.3 MILLION, WE'RE PUTTING ADDITIONAL MONEY TOWARDS FIRE STATION FOUR, WHICH IS 1.48, AND THEN ADDITIONAL MONEY FOR STREETS AND TRAFFIC. YOU SEE SEVERAL TRAFFIC SIGNALS THAT ARE LISTED THERE, SOME COMMUNICATION, THE RAMPS AND OTHER TRAFFIC IMPROVEMENT PROGRAMS. AND THAT IS ALL I HAVE. I'D BE. ONE, I WILL JUST SAY THAT, WE'VE EXTENSIVELY PREPARED FOR THIS BUDGET THROUGH MULTIPLE FINANCE COMMITTEE MEETINGS, MULTIPLE CAPITAL IMPROVEMENTS, COMMITTEE MEETINGS. AND THIS PROCESS HAS BEEN MUCH SMOOTHER THAN IT HAS BEEN IN THE PREVIOUS TWO YEARS I'VE BEEN ON COUNCIL. SO THANK YOU TO YOU AND YOUR TEAM FOR THE WORK THAT WENT IN TO GET US TO THIS POINT WITH THAT, I HAVE NO SIGNIFICANT COMMENTS OTHER THAN TO NOTE THE TAX RATE IS COMING DOWN 51 TO 50.5. WE'RE INCREASING THE HOMESTEAD EXEMPTION AND WE'RE GETTING SIGNIFICANT AMOUNTS OF MUCH NEEDED CAPITAL PROJECTS UNDERWAY. SO OTHER COMMENTS FROM COUNCIL MEMBERS, COMMENTS ANYTHING, FINANCE COMMITTEE MEMBERS, ANYTHING YOU WANT TO ADD UP THERE? MY COMMENT IS JUST HATS OFF TO THE TO THE STAFF FOR ALL THEIR HARD WORK AND THAT THEY'VE PUT IN AND I MEAN, THIS IS FOR ME BEING A BEING A NEW COUNCIL MEMBER. THIS HAS BEEN A VERY SMOOTH PROCESS. SO APPRECIATE APPRECIATE YOUR HARD WORK. THANK YOU. THANK YOU. ALL RIGHT. THIS IS A ROLL CALL. VOTE IT'S PUBLIC HEARING PUBLIC I'M SORRY. WE GOT TO DO THE PUBLIC HEARING FIRST, SIR. THANK YOU FOR THAT. THIS ITEM IS A PUBLIC HEARING. SO THEREFORE THE PUBLIC HEARING IS NOW OPEN. IS THERE ANYONE THAT WOULD LIKE TO SPEAK ON THIS PARTICULAR ITEM? SEEING NONE, THE PUBLIC HEARING IS NOW CLOSED. AND ANY FURTHER COUNCIL DISCUSSION. OKAY, IT IS A ROLL CALL VOTE. DO I HAVE A MOTION ON THIS PARTICULAR ITEM? MOTION TO APPROVE AS PRESENTED. OKAY IS THAT OKAY? AS IT, I HAVE A SECOND. YEAH, I'LL SECOND. SECOND BY JEFF HODGES. OKAY, WE'LL START, WITH, CAMERON, YEAH. APPROVE? APPROVE APPROVED. APPROVED. APPROVED. APPROVED.

APPROVED. OKAY THANK YOU. THAT MOTION PASSES UNANIMOUSLY. THANK YOU FOR THAT. THE NEXT ITEM IS

[13. Conduct a public hearing to consider and act upon an ordinance adopting a tax rate of $0.505 per $100 valuation for fiscal year 2024-2025. (CL)]

AGENDA ITEM NUMBER 13 TO CONDUCT A PUBLIC HEARING AND CONSIDER AND ACT UPON AN ORDINANCE ADOPTING A TAX RATE OF 50.5 PER $100. VALUATION FOR FISCAL YEAR 2024 2025. CHRIS THANK YOU AGAIN. MAYOR PROSPER TOWN COUNCIL, SO AT FIRST I WANT TO START OFF WITH JUST THE HISTORIC VALUE, VALUATION GROWTH, AND SHOW THIS OVER TIME, THE, THE LAST YEAR, THAT GREEN YEAR, THAT'S THIS CURRENT UPCOMING YEAR THAT WE'RE LOOKING AT, AS YOU CAN SEE, IN TOTAL, WE GREW A LITTLE OVER 15%. AND THE BULK OF THAT, MORE THAN TWO THIRDS IS COMING FROM NEW PROPERTY, SO WE'LL SEE ON A LATER SLIDE. THE INCREASE AND AS THE MAYOR MENTIONED, THE INCREASE TO THE HOMESTEAD EXEMPTION, REALLY KEPT THAT REAPPRAISAL GROWTH DOWN, FIRST I WANT TO START OFF WITH, WITH JUST SOME DEFINITIONS. SO THE NO NEW REVENUE RATE IS SIMPLY THE RATE THAT'S CALCULATED, THAT ALLOWS YOU TO RAISE AS MUCH REVENUE FROM PROPERTY TAXES AS YOU DID IN THE PREVIOUS YEAR, WHEN YOU'RE COMPARING THE SAME PROPERTY, SO IT EXCLUDES THINGS LIKE NEW PROPERTY, ANY CHANGES IN YOUR TERS, AND IT JUST COMPARES THAT YEAR IN YEAR OVER YEAR PROPERTY, LOOKING AT THE VOTER APPROVAL TAX RATE, THEY DO THE SAME SORT OF EXERCISE, BUT ONLY ON THE NO PORTION, THEY ALLOW A 3.5% GROWTH ON THAT PORTION ONLY AND THEN CALCULATE HOW MUCH TAX RATE

[00:45:02]

YOU WOULD NEED TO SERVICE THE DEBT, AND THOSE TWO ADDED TOGETHER ARE YOUR VOTER APPROVAL RATE, IT IS MANDATED THAT WE ADOPT THE CALCULATED INS RATE, SO LOOKING AT HOW THE TOWN OF PROSPER CAME OUT, THE NO NEW REVENUE RATE, I HAVE 24 AND 25. THAT'S THE YEAR WE'RE CONSIDERING, FOR REFERENCE, I HAVE LAST YEAR'S AS WELL, SO THE NO NEW REVENUE RATE WAS, JUST UNDER $0.47. THE VOTER APPROVAL TAX RATE, HOWEVER, WAS UP AT 52.2 CENTS, THE DEBT RATE THAT WAS CALCULATED WAS JUST OVER $0.18. AND YOU CAN SEE THAT EVEN THOUGH THE COUNCIL IS ALLOWED TO GO UP TO THAT 52.2 CENTS WITHOUT ANY VOTER APPROVAL, THEY'RE SETTING THE RATE AT THE 50.5 CENTS, SO THERE'S A LOT OF, FOREGONE THERE. AND THEN JUST TO GIVE YOU KIND OF A HISTORY ON THE TAX RATE, IT WAS LOWERED FOR THE 22 FISCAL YEAR BY $0.01. AND THEN THIS YEAR, WE'RE COMING DOWN ANOTHER HALF CENT. NOW, THAT'S NOT THE WHOLE STORY, JUST THE TAX RATE. AND SO I WANTED TO SHOW THE BENCHMARKING THAT WE DO TO COMPARE HOW WHAT THIS REALLY MEANS TO THE AVERAGE PERSON. SO YOU SEE THE LIST OF THE COMPARISON CITIES THAT WE HAVE. AND THEN JUST THE AVERAGE OF THOSE COMPARISONS. SO HOMESTEAD EXEMPTION RATE NOT EVERYONE OFFERS THAT. THAT'S A LOCAL OPTION. THIS COUNCIL HAS CHOSEN TO OFFER THAT IN FACT, LAST YEAR OR THE CURRENT YEAR WAS 15%, YOU ALL HAVE INCREASED THAT TO 17. AND A HALF PERCENT, I SPOKE IN THE LAST PRESENTATION ABOUT THAT PAY AS YOU GO FUNDING THAT CAPITAL DEDICATED IS WHAT WE CALL IT, THAT'S SOMETHING VERY UNIQUE TO PROSPER. I DON'T KNOW OF ANY OTHER ENTITY THAT ACTUALLY DOES THAT, WE TAKE A PORTION OF THE RATE AND DEDICATE THAT TOWARDS THAT CAPITAL PROJECTS, YOU KNOW, GOING TO, FURTHER, ONE OF THE COUNCIL'S STRATEGIC VISIONING IN ACCELERATING INFRASTRUCTURE AND, AND THEN YOU CAN SEE THE TOTAL TAX RATE ON THE RIGHT. THIS DOES REFLECT THE PROPOSED RATES OF OUR, OUR COMPARISON CITIES, AND THEN ON THE SECOND TO RIGHT COLUMN, I WANT, I WANT TO POINT THIS OUT BECAUSE THIS, THIS MAKES A BIG DIFFERENCE. IF YOU ESSENTIALLY HAVE THE EFFECT OF THE HOMESTEAD EXEMPTION RATE ON YOUR TOTAL TAX RATE, IT COMES DOWN TO WHAT EQUIVALENT YOU WOULD BE PAYING IF YOU WERE PAYING TAXES FROM A HOMESTEAD PROPERTY. SO AS YOU CAN SEE, THE AVERAGE OF ALL THE COMPARISONS, JUST UNDER $0.41. LAST YEAR, THE CURRENT YEAR, WE WERE AT $0.43.

WITH THE INCREASE TO NOT ONLY THE INCREASE TO THE HOMESTEAD EXEMPTION RATE, BUT ALSO COMING DOWN BY HALF CENT ON THE TAX RATE THAT BRINGS THAT EQUIVALENT TAX RATE FOR A HOMESTEAD PROPERTY, DOWN TO 41.6. AND SO THAT CONTINUES TO COME DOWN, ADDITIONALLY, WE OFFER A FREEZE WHERE NOT ALL OTHER ENTITIES OFFER THAT. AND SO THERE ARE SEVERAL WAYS TO PROVIDE TAX RELIEF THAT AREN'T ALL JUST CAPTURED IN THAT TAX RATE. AND LASTLY, I WANTED TO REMIND THE AUDIENCE THAT, THE TOWN OF PROSPER IS NOT THE ONLY ONE THAT LEVIES PROPERTY TAXES, SO I DON'T HAVE EVERY COMBINATION, BUT I HAVE THE TWO MOST COMMON COMBINATIONS, ON THE LEFT HAND SIDE WOULD BE FOR RESIDENTS IN COLLIN COUNTY, AND YOU WOULD SEE THAT FULL TAX RATE OF JUST UNDE, THE, THE TWO, $2 THERE, AND YOU CAN SEE FROM THE PIE CHART ABOVE THAT $0.25 OF EVERY DOLLAR THAT'S PAID IN PROPERTY TAXES IS ACTUALLY WHAT'S COMING TO THE TOWN OF PROSPER FOR OUR DENTON COUNTY RESIDENTS. IT'S $0.26, AND THEIR TOTAL TAX RATE WOULD BE THE 194. AND THAT IS ALL I HAVE FOR MY PRESENTATION. I'D BE HAPPY TO ANSWER ANY QUESTIONS. OKAY. THANK YOU CHRIS. THIS IS A PUBLIC HEARING, SO I'LL OPEN THE PUBLIC HEARING AT THIS TIME. IS THERE ANYONE THAT WOULD LIKE TO SPEAK ON THIS PARTICULAR ITEM? SEEING NONE, I'LL CLOSE THE PUBLIC HEARING AND COUNCIL ANY DISCUSSION. SO I'LL GO BACK TO OUR PREVIOUS CONVERSATION. YOU SAW HISTORY OF A VERY STABLE TAX RATE OF $0.52 FOR THE PREVIOUS TEN YEARS, THREE YEARS OF A 50 $0.01, AND THEN A HALF CENT DECREASE THIS YEAR. I KNOW PERSONALLY, I PROMISE FOLKS, A STABLE TAX RATES WITH INCREASING PROPERTY VALUES, AND I THINK THAT'S WHAT YOU SEE HERE. AND WE'RE FUNDING WITH THAT TAX RAT,

[00:50:01]

A SIGNIFICANT AMOUNT OF CAPITAL PROJECTS. SO, AGAIN, WELL DONE BY YOU AND YOUR TEAM AND TO THE COUNCIL FOR THE MANY HOURS THAT WENT INTO THE CAPITAL PROJECTS BUDGET, THE FINANCE COMMITTEE WORK. AND SO THANK YOU FOR ALL OF THAT. WITH THAT, IT IS A RECORD VOTE. DOES ANYONE HAVE A MOTION, YES, MAYOR, I MOVE TO RATIFY THE PROPERTY TAX INCREASE AND BUDGET FOR FISCAL YEAR 2024 2025. YES, I THINK THERE'S A SPECIFIC MOTION. YOU MUST YOU HAVE TO READ IN THERE. ITEM 13.

YEAH LET'S SEE. I'VE GOT IT RIGHT HERE FOR YOU ALL. DO YOU HAVE THAT. YEAH. OKAY SO. I DON'T. I MOVE THAT THE PROPERTY TAX RATE BE INCREASED BY THE ADOPTION OF TAX RATE OF 0.505, WHICH IS EFFECTIVELY AN 8.15% INCREASE IN THE TAX RATE. OKAY. I HAVE A MOTION FROM CRAIG ANDRUS, SECOND FROM AMY BARTLEY. I WILL NOTE BOB SCOTT'S OPPOSITION TO THAT PARTICULAR WORDING WAS NOTED IN THE FINANCE COMMITTEE, WITH THAT IT IS, AGAIN, IT'S A ROLL CALL. SO I'LL START DOWN WITH CAMERON. APPROVED. APPROVED. APPROVED. APPROVED. APPROVED. APPROVED.

APPROVED APPROVED. THANK YOU. THAT MOTION PASSES UNANIMOUSLY. ALSO, AGENDA ITEM NUMBER 14 IS

[14. Ratifying the property tax increase in the budget for fiscal year (FY) 2024-2025. (CL)]

TO RATIFY THE PROPERTY TAX INCREASE IN THE BUDGET FOR FISCAL YEAR FY 2024 2025. CHRIS MAYOR I DON'T HAVE A PRESENTATION ON THIS. THIS IS JUST A PART OF THE STATE LAW THAT IF THERE IS AN INCREASE IN PROPERTY TAX REVENUE THAT WE HAVE TO RATIFY, THAT WE HAVE TO RATIFY WHAT WE JUST DID. CORRECT. THANK YOU, AND SO I'M JUST GETTING TO THE RIGHT AMOUNT HERE. OKAY. SO ARE THERE ANY QUESTIONS ON THIS? THE PROPOSED MOTION IS IN THE PACKAGE. WE'D LIKE TO MAKE THE MOTION. I GOT IT. THANK YOU, I MOVE TO RATIFY THE PROPERTY TAX INCREASE IN THE BUDGET FOR FISCAL YEAR 2024, 2025. MOTION BY JEFF HODGES, SECOND BY CAMERON REEVES. ALL IN

[15. Consider and act upon approving an ordinance to adjust Water & Wastewater Rates. (CL)]

FAVOR? THAT MOTION PASSES UNANIMOUSLY. ALSO THANK YOU. AGENDA ITEM NUMBER 15 IS TO CONSIDER AND ACT UPON AN ORDINANCE APPROVING AN ORDINANCE TO ADJUST THE WATER AND WASTEWATER RATES. CHRIS THANK YOU, MAYOR AND PROSPER TOWN COUNCIL. I TOUCHED ON THIS, JUST BRIEFLY IN THE BUDGET PRESENTATION, BUT AGAIN, WE ARE A DISTRIBUTION AND COLLECTION UTILITY, THE POTABLE WATER SUPPLY, YOU KNOW, THAT WE PURCHASE, IS PROPOSED TO INCREASE ROUGHLY 13.8% THIS NEXT YEAR. THAT MAKES UP A SIGNIFICANT PORTION OF OUR EXPENSES IN THE IN THE WATER AND WASTEWATER FUND. AS YOU'LL SEE ON A LATER SLIDE. AND THERE ALSO IS A SIGNIFICANT CAPITAL INVESTMENT, FOR A NEW TREATMENT PLANT. ON THE WASTEWATER SIDE, AS I MENTIONED BEFORE, WHAT THE CONSULTANT IS PROJECTING IN ORDER TO MEET ALL THE REQUIREMENTS IS AN 8.77 BLENDED PERCENT INCREASE, 6.3% OF THAT WOULD COME FROM WATER AND 16% WOULD COME FROM WASTEWATER. AND AGAIN, THIS IS THE FIRST RATE INCREASE IN FOUR YEARS, ON THE SCREEN IN FRONT OF YOU, YOU SEE AN EXCERPT FROM THE RATE STUDY THAT WAS DONE, I WANT TO, DRAW YOUR ATTENTION TO THE SECOND LINE THAT READS PERCENT ANNUAL INCREASE, AND THIS IS WHERE YOU'LL SEE THAT 13.8% ON THE VERY NEXT LINE, THE PERCENT OF WATER BUDGET, THIS IS THE PERCENT OF THE TOWN'S BUDGET THAT ONLY GOES TO THE PURCHASE OF WATER. AND SO OVER HALF OF OUR BUDGET NEXT YEAR IS SOLELY TO PURCHASE WATER, WHEN YOU HAVE SUCH A LARGE INCREASE, IT IS VERY DIFFICULT TO CONTINUE TO PASS THAT ALONG, OR TO NOT PASS THAT ALONG TO THE TO THE CUSTOMER, AND THEN ON THE WASTEWATER SIDE, YOU WILL SEE ANNUAL PERCENTAGE INCREASE OF 11.8%. AND AGAIN, LIKE I SAID FROM THE FIRST SLIDE, THE MAJOR REASON FOR THE BIG INCREASE IN IN THE WASTEWATER SIDE IS THAT SIGNIFICANT CAPITAL, INVESTMENT. BUT THE JUST THE, THE COST TO TREAT THAT WATER, DOES MAKE UP 40% OF THE WASTEWATER SIDE, THE, THE RATES THAT WE'RE PROPOSING, ARE NOT THAT HIGH. SO WE ARE ABSORBING SOME OF IT. YOU SEE, IN 25, WE'RE PROPOSING 6.35% FOR, THE WATER AND 16% FOR THE WASTEWATER. THE REST OF THIS, IS NOT BEING VOTED ON OR NOT BEING LOOKED AT. I JUST WANTED TO GIVE YOU A VISION OR A GLIMPSE INTO WHAT WE'RE LOOKING AT IN THE

[00:55:04]

FUTURE. NOW WHEN THE RATE CONSULTANT DOES THE RATE STUDY, THEY'RE GOING TO BE VERY CONSERVATIVE. AND SO THESE RATE, YOU KNOW, WHEN WE COME BACK TO YOU NEXT YEAR AT THIS TIME, IT MIGHT NOT BE THAT HIGH, WE WOULD PROBABLY EXPECT THAT TO COME DOWN A LITTLE BIT, AND THEN LASTLY, I DID WANT TO DO A BENCHMARKING. AND SO THIS IS HOW OUR RATES FOR THE TYPICAL USER IN PROSPER, WHICH IS 13,000 GALLONS ON THE WATER SIDE AND 7000 GALLONS ON THE TREATMENT SIDE. SO WHEN WE COMPARE OUR RATE, THE PROSPER'S CURRENT RATE, YOU CAN SEE IS LISTED AS PROSPER CURRENT, WE'RE DOWN TOWARDS THE BOTTOM, GOING UP, YOU KNOW, LEAPFROGGING SEXY ON THIS CHART, WHAT'S NOT INCLUDED IS THE RATE INCREASES FROM ALL OF OUR COMPARISON CITIES THAT WE HAVE ON THE LIST, BECAUSE OF THE COST OF WATER AND THE COST OF TREATMENT, WE BELIEVE THAT IT WILL. IT WILL STAY IN THE RELATIVE SAME POSITION. ON THIS CHART, EXPECTING THAT ALL THESE COMPARISON ENTITIES ALSO HAVE TO ADJUST THEIR RATES AS WELL. AND THAT IS ALL I HAVE FOR MY PRESENTATION. YEAH. I JUST WANT TO MAKE A BRIEF COMMENT ON THIS BECAUSE I THINK THE WATER RATES SHOCK THE TAR OUT OF THE FINANCE COMMITTEE AND PROJECTIONS OF WHAT WE NEED TO DO TO ACCOUNT FOR THE COSTS THAT'S BEING PASSED ON TO THE TOWN, I DO WANT TO HIGHLIGHT THAT THE MEMBER CITIES HAVE A PREFERABLE RATE OVER THOSE THAT ARE NOT MEMBER CITIES. SO THE FACT THAT WE'RE ABLE TO KEEP OUR RATE RESPECTIVELY LOW COMPARED TO THOSE MEMBER CITIES, IS A GOOD CHALLENGE FOR US. AND I WANTED TO JUST CALL THAT OUT FOR THOSE THAT MIGHT BE LISTENING IN, IS THAT OUR RATES ARE GOING TO BE GOING UP. IT'S A PASS ON AND WE'RE STILL ABSORBING A PORTION OF THAT. OKAY. THANK YOU FOR THAT. YEAH, I WAS GOING TO MAKE SOMEWHAT THE SAME COMMENT THAT OUR RATES THAT WE ARE BEING CHARGED ARE GOING UP DOUBLE DIGITS, AND WE'RE ONLY WE'RE IN A SINGLE DIGIT RATE INCREASE PROPOSAL. SO YEAH. SO THANK YOU. WITH THAT ANY OTHER COMMENTS ON THIS PARTICULAR ITEM. DO WE HAVE A MOTION ON THE ADOPTION OF THE WATER AND WASTEWATER? I'LL DO IT. I PROPOSE TO APPROVE THE ADOPTION OF THE ATTACHED WASTE AND WATER AND WASTEWATER FEE AMENDMENTS, EFFECTIVE OCTOBER 15TH, 2024. AND MOTION BY CHRIS KERN. I'LL SECOND. SECOND BY MARCUS RAY. ALL IN FAVOR? MOTION PASSES UNANIMOUSLY. THANK YOU. CHRIS, I THINK YOU'RE DONE.

THANK YOU. THANK YOU, OKAY. GOOD JOB. CHRIS GREG. THANK YOU. ALL RIGHT. NEXT AGENDA ITEM IS AN

[16. Consider and act upon a resolution of the Town Council of the Town of Prosper, Texas, declaring the public necessity to acquire certain properties for right-of-way and easements for the construction of the Coleman Street (Gorgeous – Talon) project; determining the public use and necessity for such acquisition; authorizing the acquisition of property rights necessary for said Project; appointing an appraiser and negotiator as necessary; authorizing the Town Manager to establish just compensation for the property rights to be acquired; authorizing the Town Manager to take all steps necessary to acquire the needed property rights in compliance with all applicable laws and resolutions; and authorizing the Town Attorney to institute condemnation proceedings to acquire the property if purchase negotiations are not successful. (HW)]