UNANIMOUSLY. AND NOW? GOOD EVENING, AND WELCOME TO THE PROSPER TOWN COUNCIL MEETING.
[Call to Order/ Roll Call.]
[00:00:09]
TODAY IS TUESDAY, NOVEMBER 25TH, 2025 AT 615. THIS MEETING IS NOW CALLED TO ORDER. CITIZENS AND OTHER VISITORS ATTENDING TOWN COUNCIL MEETINGS SHALL OBSERVE THE SAME RULES OF PROPRIETY, DECORUM AND GOOD CONDUCT APPLICABLE TO THE MEMBERS OF THE TOWN COUNCIL.ANY PERSON MAKING PERSONAL, IMPERTINENT, PROFANE OR SLANDEROUS REMARKS, OR WHO BECOMES BOISTEROUS WHILE ADDRESSING THE COUNCIL OR WHILE ATTENDING THE MEETING, SHALL BE REMOVED FROM THE ROOM, IF SO, DIRECTED BY THE MAYOR PRESIDING OFFICER, AND THAT PERSON SHALL BE BARRED FROM FURTHER AUDIENCE BEFORE THE COUNCIL DURING THAT SESSION. DISRUPTION OF A PUBLIC MEETING COULD CONSTITUTE A VIOLATION OF SECTION 42.05 OF THE TEXAS PENAL CODE. FOR A ROLL CALL, WE HAVE MAYOR PRO TEM BARTLEY, DEPUTY MAYOR PRO TEM KERN, COUNCIL MEMBER, HODGES, COUNCIL MEMBER. REEVES, COUNCIL MEMBER. RAY COUNCIL MEMBER. ANDRES FOR INVOCATION, PLEDGE OF ALLEGIANCE AND PLEDGE OF THE TEXAS FLAG. I'LL INVITE BRAD WILKERSON WITH ROCK CREEK CHURCH TO PROVIDE THE INVOCATION, FOLLOWED BY THE RECITING OF THE PLEDGES. IF YOU WOULD, PLEASE JOIN ME IN STANDING. LET'S PRAY. HEAVENLY FATHER, WE COME BEFORE YOU TONIGHT, AND IN THIS SEASON OF THANKSGIVING, WE GIVE GREAT GRATITUDE FOR THIS COMMUNITY THAT WE CALL OUR HOME. THANK YOU FOR THE PEOPLE WHO LIVE HERE, WORK HERE, SERVE HERE, AND INVEST THEIR TIME AND ENERGY INTO MAKING THIS TOWN A PLACE WHERE ALL FAMILIES CAN THRIVE. AS WE GATHER TONIGHT FOR THIS COUNCIL MEETING, WE ASK FOR YOUR HEAVENLY WISDOM.
HELP EACH LEADER HERE TO THINK CLEARLY, SPEAK GRACIOUSLY, AND MAKE DECISIONS THAT SERVE THE GOOD OF ALL OF OUR RESIDENTS. BLESS OUR FIRST RESPONDERS, OUR EDUCATORS, OUR LOCAL BUSINESSES, AND EVERY NEIGHBOR WHO CONTRIBUTES TO THE WELL-BEING OF OUR TOWN. BRING UNITY WHERE THERE'S DIVISION, HOPE WHERE THERE IS DISCOURAGEMENT AND PEACE, WHERE THERE IS TENSION, ESPECIALLY IN PARTS OF THE WORLD THAT DON'T LOOK LIKE OUR TOWN. SO GUIDE OUR CONVERSATIONS TONIGHT. LET US RESPECT AND LEAD WELL. MAY HUMILITY SHAPE OUR CHOICES AND COMPASSION BE THE LENS THROUGH WHICH WE SEE EVERY ISSUE. WE ASK THIS IN THE NAME OF OUR LORD AND SAVIOR, JESUS CHRIST. AMEN. THANK YOU VERY MUCH. PLEASE JOIN ME IN THE PLEDGE OF ALLEGIANCE TO THE AMERICAN FLAG. I 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. AND NOW TO THE TEXAS FLAG. HONOR THE TEXAS FLAG. I PLEDGE ALLEGIANCE TO THEE. TEXAS. ONE STATE UNDER GOD, ONE AND INDIVISIBLE. THANK YOU VERY MUCH. AT THIS TIME,
[Announcements of recent and upcoming events.]
I'LL ASK COUNCIL MEMBER REEVES TO READ OUR ANNOUNCEMENTS. GOOD EVENING. REMEMBER, REMINDER THAT TOWN HALL OFFICES AND PROSPER COMMUNITY LIBRARY WILL BE CLOSED ON THURSDAY, NOVEMBER 27TH AND FRIDAY, NOVEMBER 28TH FOR THANKSGIVING HOLIDAY. AND WE WILL ALSO TRASH SERVICES FALLING ON THURSDAY AND FRIDAY WILL BE DELAYED BY ONE DAY. THE SPECIAL BULK DROP OFF LOCATION AT PUBLIC WORKS WILL ALSO BE CLOSED ON SATURDAY, NOVEMBER 29TH. THE PROSPER ANNUAL CHRISTMAS FESTIVAL WILL TAKE PLACE ON SATURDAY, DECEMBER 6TH AT PROSPER TOWN HALL. COME EXPERIENCE THE MAGIC OF SANTA CLAUS IN HIS WORKSHOP. THE KIDS CHRISTMAS SHOP, ICE SKATING RINK. KIDS FUN ZONE, COMMUNITY STAGE PERFORMANCE, CARRIAGE RIDES, LIVE DEMONSTRATIONS, AND FOOD TRUCK VENDORS. ALSO, DON'T MISS OUT ON PROSPER ROTARY CLUBS CHRISTMAS PARADE AT 2:30 P.M. AND THE TREE LIGHTING WITH MAYOR BRISTOL AT 7 P.M. FOLLOWED BY A DRONE SHOW. FOR MORE INFORMATION VISIT PROSPER GOV BACKSLASH. SPECIAL EVENTS. THE PROSPER LADIES ASSOCIATION IS SPONSORING ITS ANNUAL PROSPER CHRISTMAS ANGEL PROGRAM. A CHRISTMAS ANGEL TREE IS LOCATED IN THE LOBBY OF TOWN HALL. RESIDENTS MAY SELECT A WISH TAG FROM THE TREE AND SCAN THE QR CODE TO HELP A PROSPER CHILD OR A SENIOR CITIZEN, OR VISIT PROSPER CHRISTMAS ANGELS.COM TO SELECT A CHILD OR SILVER ANGEL GIFT DROP OFF DATES ARE DECEMBER 8TH THROUGH DECEMBER DECEMBER 10TH. AND FINALLY JOIN MAYOR BRISTOL AND MEMBERS OF PROSPER TOWN COUNCIL AND STAFF ON SATURDAY, DECEMBER 13TH FROM 10 A.M. TO 5 P.M. FOR THE RINGING OF THE BELL FOR THE SALVATION ARMY RED KETTLE CHALLENGE AT KROGER, LOCATED AT 1250 NORTH PRESTON ROAD. ALL MONEY RAISED WILL SUPPORT A RANGE OF SERVICES THAT COMBAT POVERTY, ADDICTION AND HOMELESSNESS IN COLLIN COUNTY. THANK YOU, COUNCILMEMBER REEVES. IS THERE ANYONE ELSE THAT HAS[CONSENT AGENDA]
AN ANNOUNCEMENT THEY'D LIKE TO MAKE? OKAY, THEN WE WILL MOVE TO THE NEXT ITEM AND THAT IS OUR CONSENT AGENDA. ITEMS PLACED ON THE CONSENT AGENDA ARE CONSIDERED ROUTINE IN[00:05:01]
NATURE AND NON-CONTROVERSIAL. THE CONSENT AGENDA CAN BE ACTED UPON IN ONE MOTION, NON-CONTROVERSIAL ROUTINE PLANNING AND ZONING ITEMS WHERE THERE WAS NO OPPOSITION AND WERE UNANIMOUSLY APPROVED BY THE PLANNING AND ZONING COMMISSION, AND NO COMMENTS IN OPPOSITION HAVE BEEN RECEIVED BY THE COUNCIL PRIOR TO THIS MEETING. ALSO MAY BE ACTED UPON DURING THIS PORTION OF THE MEETING. ITEMS MAY BE REMOVED FROM THE CONSENT AGENDA AT THE REQUEST OF COUNCIL MEMBERS OR STAFF. IS THERE ANYONE THAT WOULD LIKE TO PULL AN ITEM FROM THE CONSENT AGENDA? OKAY, CAN I. I WOULD ENTERTAIN A MOTION TO APPROVE THE CONSENT AGENDA, MAKE A MOTION TO APPROVE ONE THROUGH EIGHT. CONSENT AGENDA A MOTION BY COUNCIL MEMBER RAY, SECONDED BY MAYOR PRO TEM BARTLEY. ALL IN FAVOR? MOTION PASSES UNANIMOUSLY. THANK YOU.[CITIZEN COMMENTS]
WE'LL NOW MOVE TO CITIZENS. COMMENTS. THE PUBLIC IS INVITED TO ADDRESS THE COUNCIL ON ANY TOPIC. HOWEVER, THE COUNCIL IS UNABLE TO DISCUSS OR DISCUSS OR TAKE ACTION ON ANY TOPIC NOT LISTED ON THE 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 AND IF MULTIPLE INDIVIDUALS WISH TO SPEAK ON A TOPIC, THEY MAY YIELD THEIR THREE MINUTES TO THE 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 TONIGHT THAT WOULD WISH TO ADDRESS THE COUNCIL? I DO HAVE A PUBLIC COMMENT FORM AND THAT IS FROM KALEY BROOKS. KALEY, IF YOU WOULD STEP FORWARD TO THE PODIUM, PLEASE. IF YOU WOULDN'T MIND, JUST STATE YOUR NAME AND YOUR ADDRESS. I'M BAILEY BROOKS AND I LIVE AT 1340 CEDAR STREET BRIDGE. ANDERSON. OKAY, OKAY. SO I'M FROM THE SCOUT TROOP OF 1218, WHICH IS ACTUALLY BASED IN FRISCO. I'VE BEEN A SCOUT SINCE 2019, WHEN GIRLS WERE FIRST LIT INTO SCOUTING, BUT I'VE BEEN INVOLVED IN IT SINCE BEFORE THEN WITH MY BROTHERS.COULD YOU PULL THE MICROPHONE JUST A LITTLE BIT CLOSER SO THE RECORDING WILL GET? THANK YOU.
OUR TROOP HAD SOME OF THE FIRST GIRL EAGLE SCOUTS EVER. WE'VE CURRENTLY GOT 15. I'M HOPING TO ADD TO THAT SOON. I'VE COMPLETED ALL OF MY REQUIREMENTS EXCEPT FOR THE EAGLE PROJECT ITSELF. I'VE WORKED WITH I THINK THREE PEOPLE TRYING TO FIND A BENEFICIARY. BENEFICIARY. UNFORTUNATELY, NONE OF THOSE HAVE REALLY WORKED OUT. I'VE MAINLY CURRENTLY RESEARCHED A LOT INTO PURPLE MOUNTAIN PURPLE MARTIN HOUSES, BECAUSE THAT IS WHAT I WAS ORIGINALLY PLANNING TO DO WITH MY SCHOOL, BUT UNFORTUNATELY THAT DIDN'T WORK OUT. BUT I COULD DO ANY TYPE OF SERVICE PROJECT ANYBODY HAS FOR ME. IT JUST CAN'T BE FOR COMMERCIAL USES AND IT CAN'T BE MAINTENANCE. THAT WOULD HAVE HAPPENED ANYWAY. BUT ANY TYPE OF SERVICE PROJECT FOR A COMMUNITY, FOR SCHOOLS, FOR A CHURCH, ANYTHING LIKE THAT, I I'M OPEN TO PRETTY MUCH ANYTHING AT THIS POINT. THAT'S PRETTY MUCH IT. THANK YOU FOR YOUR TIME. THANK YOU. HAVE A PROJECT. DIDN'T YOU HAVE A PROJECT YOU WERE WORKING ON THAT. I'VE NOT STARTED MY EAGLE PROJECT. NO, I HAVEN'T FOUND ANYBODY TO REALLY KICK IT OFF WITH. OKAY. THANK YOU. DAN, DID YOU HAVE SOMETHING TO FOLLOW UP WITH? WE WOULD BE HAPPY TO WORK WITH YOU. HERE'S MY CONTACT INFO. JUST GIVE ME A CALL NEXT WEEK. THANKS. ALL RIGHT. THANK YOU VERY MUCH FOR BEING HERE THIS EVENING. THANK YOU. IS THERE ANYONE ELSE FOR CITIZEN'S COMMENTS? ALL RIGHT. SEEING NONE, WE'LL MOVE TO OUR REGULAR AGENDA PURSUANT TO SECTION
[9. Conduct a Public Hearing on the proposed creation of Tax Increment Reinvestment Zone No. 3 located along the Dallas North Tollway generally bound by Frontier Parkway, US Highway 380, North Coleman Street, and West of the Dallas North Tollway along existing/future Shawnee Trail. (CE) ]
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. AGENDA ITEM NUMBER NINE IS TO CONDUCT A PUBLIC HEARING ON THE PROPOSED CREATION OF THE TAX INCREMENT REINVESTMENT ZONE NUMBER THREE, LOCATED ALONG THE DALLAS NORTH TOLLWAY, GENERALLY BOUND BY FRONTIER PARKWAY, US HIGHWAY 380 NORTH COLEMAN STREET, AND WEST OF THE DALLAS NORTH TOLLWAY ALONG THE EXISTING AND FUTURE SHAWNEE TRAIL. MR. CHUCK EWING, THANK YOU. MAYOR.COUNCIL. THIS IS A A ZONE THAT THE COUNCIL HAS BEEN DISCUSSING FOR APPROXIMATELY TWO YEARS.
WE'VE GOTTEN TO A POINT WHERE WE'VE DEFINED THE LOCATION OF THE ZONE. COUNCIL'S DISCUSSED THIS FOR A WHILE, AND SO NOW IT'S TIME TO HAVE THE ACTUAL PUBLIC HEARING ON THE THE PROJECT PLAN AND FINANCE PLAN. THE THIS HAS BEEN IN THE THE NOTIFICATION HAS BEEN PUBLISHED, AND WE'VE KEPT A COPY OF THE PLAN IN THE TOWN MANAGER'S OFFICE FOR ANYONE TO REVIEW.
AND SO WE'VE MET ALL THE REQUIREMENTS FOR, FOR THE PUBLIC HEARING. SO OVERALL, A
[00:10:03]
TAX INCREMENT REINVESTMENT ZONE IS, IS IS GOVERNED BY CHAPTER 311 OF THE TEXAS TAX CODE. IT'S REALLY A FINANCING TOOL FOR PUBLIC INFRASTRUCTURE AND A DEFINED AREA. AND SO IT UTILIZES FUTURE TAX REVENUE EFFECTIVELY. IT WILL SET A BASE WILL SET A BASE VALUE BEGINNING IN JANUARY AS VALUES GROW WITHIN THAT ZONE, THEN A PORTION OF THE TAXES OR THE INCREMENT IS REINVESTED BACK IN THE ZONE. AND THAT CAN BE USED TO FUND LOCAL PROJECTS, WHICH WITHIN THE PROJECT PLAN THAT IS WITHIN YOUR PACKET. OR IT CAN BE USED TO REIMBURSE DEVELOPERS FOR INFRASTRUCTURE WITH THE GOAL OF REDEVELOPING AND GROWING THAT AREA. AGAIN. THE PROJECT PLAN IS WHAT THE PUBLIC HEARING IS BEING HELD ON. TERS BOARD IS CREATED TO GOVERN THE ZONE. WHAT THE COUNCIL HAS DONE IN IN HISTORICALLY IS SERVE AS THAT BOARD. AND SO THAT WOULD CONTINUE UNDER THIS PLAN. THE OTHER TURNS ONE AND TWO ARE SERVED BY THE CHURCH BOARD, WHICH THE COUNCIL FULFILLS THAT DUTY. AND THEN THIS WOULD BE THE SAME IF APPROVED BY COUNCIL.SO THIS IS THE MAP OF THE AREA. AGAIN, THIS MEETS THE COUNCIL'S STRATEGIC VISIONING PRIORITY OF ENSURING COMMERCIAL CORRIDORS ARE READY FOR DEVELOPMENT. OF COURSE, THE D.A IS AS THE NORTH TOLLWAY EXPANDS, IS A IS A GREAT OPPORTUNITY TO ENSURE THAT THE TYPE OF DEVELOPMENT THAT COMES TO PROSPER ALONG THAT CORRIDOR IS OF HIGH QUALITY. AND THIS THESE FUNDS WILL PROVIDE INCENTIVES AND TO MEET SOME OF THE PROJECTS AND SOME OF THE PLANS THAT COUNCIL HAS ALREADY ADOPTED. NOT ONLY DOES IT INCORPORATE THE FRONTAGE OF THE D.A, BUT ALSO A PORTION OF DOWNTOWN, SO SOME OF THE FUNDS THAT ARE COLLECTED COULD ALSO BE UTILIZED FOR DOWNTOWN PROJECTS TO TIE THE DOWNTOWN TO THE CORRIDOR AND CREATE THAT COMMERCIAL GROWTH.
THE. THIS IS PROPOSED TO BE A 20 YEAR ZONE. 50% OF THE NEW INCREMENT WOULD BE DEDICATED TO THE PROJECTS, AND 50% WOULD STILL GO TO THE GENERAL FUND. THE PROPERTY VALUE WITHIN THE ZONE. THE BASE VALUE WOULD BE SET AT 258. ALMOST 259 MILLION. IT'S PROPOSED TO COLLECT ONLY A PORTION OF THE O&M RATE, SO THE CURRENT O&M RATE IS $0.32, AND THEN $0.16 OF THAT WOULD GO BE DEDICATED TO THE PROPERTY VALUE, THE NEW PROPERTY VALUE WITHIN THE ZONE. AND THE REMAINING $0.16 WOULD STILL GO TO THE GENERAL FUND FOR GENERAL OPERATIONS. THE. THERE ARE ACTUALLY THREE PROJECTIONS WITHIN THE WITHIN THE PROJECT PLAN. THESE ARE JUST THE THE LOW AND THE HIGH. IT DOES SHOW A 12.5 MILLION ON THE LOW. AND IF THERE'S JUST A 3% ANNUAL GROWTH RATE AND THEN $40 MILLION, IF THERE'S A 7% ANNUAL GROWTH RATE THAT DOES NOT COVER THE AMOUNT OF THE PROJECT PLAN. AND WE UNDERSTAND THAT THE EXPECTATION IS THIS WOULD BE THE VALUES WOULD GROW A GREAT DEAL MORE THAN WHAT'S PROJECTED HERE. THIS IS JUST A SIMPLE PROJECTION, BECAUSE THE TIMING OF WHEN THOSE THAT GROWTH WILL OCCUR IS UNKNOWN AT THIS TIME.
SO WE AND AS AN EXAMPLE, I KNOW ONE OF THE PROJECTS ALONG THE THE TOLLWAY PROJECTS A $400 MILLION INVESTMENT THAT WOULD BE MORE THAN 100% OF THE CURRENT INCREMENT. SO AGAIN, AS WE SAID, WE ANTICIPATE THE GROWTH TO EXCEED THESE VALUES BY A LARGE AMOUNT AND BE ABLE TO COVER THE EXPENSES. FOR THE MOST PART, THESE ARE THE PROJECT CATEGORIES. SO 100 MILLION IN STREET IMPROVEMENTS, 25 MILLION IN PARKS AND DOWNTOWN IMPROVEMENTS, PUBLIC FACILITIES JUST AS A REC CENTER, POTENTIAL PUBLIC SAFETY OPERATIONS AND MAINTENANCE UTILITIES IN THE AMOUNT OF 22,000,300 AND THEN DRAINAGE IMPROVEMENTS AT 2 MILLION, FOR A TOTAL PROJECT INVESTMENT OF TE ZONE IS MANAGED. THESE CAN BE ADJUSTED AND THEN YOU'LL HAVE AN ANNUAL BUDGET. AND SO AS AGREEMENTS COME TO FRUITION WITH DEVELOPERS, THEN THESE CATEGORIES COULD CHANGE AND THE AMOUNT OF THE INVESTMENT WITHIN EACH CATEGORY COULD CHANGE, COULD GO UP OR DOWN. SO. AND THAT IS ALL I HAVE. I'LL BE HAPPY TO ANSWER ANY QUESTIONS.
TRENT PETTY, WHO'S OUR CONSULTANT THAT'S ASSISTED US THROUGHOUT THIS PROCESS, IS IS AVAILABLE FOR QUESTIONS AND I'M AVAILABLE TO ANSWER ANY QUESTIONS. AGAIN, THIS IS A PUBLIC HEARING ONLY. NO ACTION IS EXPECTED TONIGHT. WE'LL BRING BACK AN ORDINANCE ON DECEMBER 9TH FOR COUNCIL CONSIDERATION. SINCE MR. PETTY DROVE ALL THE WAY OVER HERE.
I'LL JUST ASK IF HE HAS ANY OTHER COMMENTS ON THIS PARTICULAR TOURS. I BELIEVE YOU ALSO HAVE SOME OTHER PROJECTIONS THAT MAY FOLLOW UP ON WHAT MR. EWING'S WAS TALKING
[00:15:03]
ABOUT, WITH MUCH HIGHER GROWTH. DO YOU WANT TO THANK YOU, MAYOR? COUNCIL, GOOD TO SEE YOU ALL.HAPPY THANKSGIVING. APPRECIATE THE OPPORTUNITY TO VISIT WITH YOU JUST FOR A SECOND, THAT THIS IS A TERM THAT COVERS, OBVIOUSLY A VERY LARGE AREA. AND THERE'S TWO WAYS TO LOOK AT GROWTH. WE HAVE LOOKED AT IT FROM THE STANDPOINT OF LOOKING AT THE EXISTING VALUES TODAY, AND ONLY INCREMENTAL GROWTH OF THAT VALUE, BUT PROBABLY A MORE REASONABLE WAY TO LOOK AT THAT IS A DIFFERENT MODEL THAT WE USE CALLED PROJECTED DEVELOPMENT VALUE. THAT'S A LOT MORE SUBJECTIVE. WE DON'T KNOW WHEN IT'S GOING TO OCCUR, BUT WHEN YOU TAKE THE LAND USES AND YOU TAKE THE TRADITIONAL GROWTH ALONG DALLAS NORTH TOLLWAY, THAT LIKELY IS PROBABLY TO BE 20 TO $30 BILLION IN GROWTH OVER THOSE 20 YEARS. SO WE EXPECT IT TO BE MUCH, MUCH LARGER THAN THAT. BUT WE ALWAYS COME IN AT A VERY LOW NUMBER JUST TO BE ABLE TO CONSERVATIVELY LOOK AT IT. YOU'LL REVIEW THIS TERMS EVERY YEAR. AND SO WE'RE ABLE TO UPDATE THOSE NUMBERS AS IT GROWS AND HOPEFULLY BE ABLE TO ADDRESS A LOT OF THESE PROJECTS QUICKER THAN LATER. HAPPY TO ANSWER ANY OTHER QUESTIONS. ANY QUESTIONS FOR MISTER PETTY OKAY.
THANK YOU VERY MUCH. THANKS FOR BEING HERE TONIGHT. THIS ITEM IS A PUBLIC HEARING. SO THEREFORE I'LL OPEN THE PUBLIC HEARING. IS THERE ANYONE THAT WOULD LIKE TO SPEAK ON THIS PARTICULAR ITEM? SEEING NO ONE, I'LL CLOSE THE PUBLIC HEARING COUNCIL DISCUSSION. POLICY DISCUSSION. JUST MORE OF A COMMENT. I THINK THIS IS AN EXCITING ADVENTURE FOR THE TOWN OF PROSPER WE'VE TALKED ABOUT FOR YEARS. THIS ACTUALLY PUTS A MECHANISM IN PLACE FOR DEVELOPMENT TO OCCUR AND INCENTIVIZE THAT DEVELOPMENT TO TAKE PLACE. SO I'M EXCITED TO SEE IT COME FORTH. THANK YOU. ANYONE ELSE? NO. I AGREE WITH YOUR YOUR COMMENTS. COUNCIL MEMBER RAY, THIS IS A TOOL FOR ECONOMIC DEVELOPMENT THAT IS WILL HELP ACCELERATE THE GROWTH
[10. Consider and act upon authorizing the Town Manager to execute any documents related to the purchase of park playground equipment from Play and Park Structures in the amount of $2,057,989.85. (CE) ]
IN THIS PARTICULAR CORRIDOR. SO THANK YOU FOR THAT. THERE IS NO ACTION TO TAKE ON THIS PARTICULAR ITEM. I'LL MOVE ON NOW TO AGENDA. ITEM NUMBER TEN IS TO CONSIDER AN ACT AUTHORIZING THE TOWN MANAGER TO EXECUTE ANY DOCUMENTS RELATED TO THE PURCHASE OF PARK PLAYGROUND EQUIPMENT FROM PARK, PLAY AND PARK STRUCTURES IN THE AMOUNT OF $2,057,989.85, MR. EWING. THANK YOU. MAYOR. COUNCIL, THIS IS A JOINT PROJECT THAT HAS BEEN PROPOSED TO WORK WITH THE PROSPER EDC. SO IT IS JOINTLY FUNDED BY BOTH THE TOWN OF PROSPER AND THE EDC IN THE AMOUNT OF 3 MILLION TOTAL, WHICH EACH ENTITY PROVIDING A MILLION AND A HALF.THE REALLY THE PURPOSE OF THIS IS TO DEVELOP A REGIONAL PARK FOR INDIVIDUALS, FOR ALL ABILITIES, PEOPLE WITH SPECIAL NEEDS, PEOPLE THAT DON'T HAVE, YOU KNOW, THAT JUST ANYONE THAT NEEDS A LOCATION AND A PLACE TO PLAY. IT WILL SUIT THE NEEDS OF ANY INDIVIDUAL AND ANY CHILD IS THE INTENT. THIS IS JUST OVER 2 MILLION, SO THE REMAINING FUNDS WOULD GO TOWARDS THE ACTUAL CONSTRUCTION, WHICH IS ESTIMATED TO BE JUST OVER 1 MILLION. SO WE WILL NEED SOME ADDITIONAL A SMALL AMOUNT OF FUNDING, WHICH WE THINK WILL BE ABLE TO TO TO ACQUIRE. I DIDN'T PUT A LOCATION HERE. WE'RE STILL FINALIZING THE DETAILS ON THE EXACT LOCATION, BUT WE'LL HAVE THOSE HAVE THAT WORKED OUT OVER THE NEXT 30 TO 45 DAYS, AND THAT WILL BE BEFORE THE EQUIPMENT ARRIVES. AND THEN WE'LL HAVE THE THE CONSTRUCTION BEGIN AFTER THE NEW YEAR. SO WITH THAT, I'LL BE HAPPY TO ANSWER ANY QUESTIONS. THE REPRESENTATIVES FROM PARK AND PLACE STRUCTURES ARE HERE IF YOU HAVE ANY QUESTIONS AS WELL. SO. THANK YOU VERY MUCH.
QUESTIONS FOR CHUCK. NO THANK YOU. YES, SIR. I'LL ENTERTAIN A MOTION ON THIS ITEM. TO APPROVE ITEM NUMBER TEN. SECOND MOTION BY AMY BARTLEY. SECOND BY CRAIG. ALL IN FAVOR? MOTION PASSES UNANIMOUSLY. THANK YOU VERY MUCH. THANK YOU FOR THE REPRESENTATIVES WHO ARE HERE
[11. Consider and act upon awarding RFP No. 2026-02-B for stop loss insurance for the Town’s self-insurance fund, effective January 1, 2026, not to exceed $900,000, and authorize the Town Manager to execute all documents for the same. (TL)]
TODAY. LET'S GO AHEAD AND GET THEM STARTED. ITEM NUMBER 11. CONSIDER AN ACT UPON AWARDING RFP NUMBER 2026, DASH 02B FOR STOP LOSS INSURANCE FOR THE TOWN SELF-INSURANCE FUND EFFECTIVE JANUARY 1ST, 2026, NOT TO EXCEED 900,000 AND AUTHORIZE THE TOWN MANAGER TO EXECUTE DOCUMENTS FOR THE SAME. MR. TONY LUTON, GOOD EVENING. AS YOU KNOW, WE ARE A SELF-FUNDED INSURANCE PLAN. SO ANNUALLY WE GO OUT FOR RFP FOR BIDS FOR STOP LOSS INSURANCE TO PROTECT AGAINST HIGH DOLLAR CLAIMS. SO WE CONDUCTED THAT WITH OUR CONSULTANT, HOLMES MURPHY. WE RECEIVED THREE FIRM BIDS FROM OUR INCUMBENT QBE, TOKIO MARINE AND EVOLUTION RISK PARTNERS. BASED ON THE EVALUATION, WE'RE RECOMMENDING AWARDING THE BID TO EVOLUTION RISK PARTNERS AS THEY WERE THE LOW COST BID AND THEY STILL MET ALL OF OUR PLAN REQUIREMENTS THAT WE REQUESTED. OKAY, TONY, JUST FOR CLARIFICATION, IN THE PACKAGE PROVIDED TO THE COUNCIL,[00:20:06]
IT'S THE PDF THAT DIDN'T HAVE THE SECOND PAGE ON IT. IF YOU WANT TO JUST COVER THE MAXIMUM LIABILITY. YES, SIR. FOR OUR THE PERSON YOU'RE PROPOSING VERSUS THE OTHERS. YES. SO I DO APOLOGIZE. THE LAST LINE THAT SHOWED THE TOTAL MAXIMUM LIABILITY WAS NOT ON THERE.EVOLUTION RISK PARTNERS WAS ALSO THE CAME IN AS THE TOTAL THE LOWEST TOTAL MAXIMUM LIABILITY AT APPROXIMATELY 6.8 MILLION, WHICH IS WHAT WE THE AMOUNT THAT WE DID BUDGET TO IN OUR OVERALL BUDGET. YEAH. SO COUNCIL MEMBER REEVES AND I DISCUSSED A LITTLE BIT OF THAT TODAY. COURAGE. WELL, THE CURRENT WAS SET AT THE MAXIMUM LIABILITY. WE WERE THINKING IT WAS GOING TO BE 5.5. 6 OR 5.6 MILLION, BUT BASED ON THE CLAIMS THAT WE RECEIVED, WE WERE WE EXCEEDED BY $2 MILLION ON THE AMOUNT OF CLAIMS THAT CAME IN. SO THE RENEWAL, I THINK, ON THAT WAS 9 MILLION. YES. THE TOTAL MAXIMUM LIABILITY, THE TOTAL MAXIMUM LIABILITY IF WE WERE TO RENEW WITH QBE WAS 7.51 MILLION. SORRY. THANK YOU. GOTCHA. OKAY.
AND TO ADD MORE TO THAT, THE FINANCE COMMITTEE DID EXTENSIVELY REVIEW THIS PARTICULAR DOCUMENT TO COVER EACH ONE OF THOSE LIABILITIES. SO AND JUST WITHOUT THAT LAST LINE ON THERE, IT DOESN'T ACTUALLY REFLECT EVERYTHING THAT MAKES SENSE. AND THEN THE AMOUNT THAT WE ARE REQUESTING TO APPROVE THAT AT THAT $150,000 DEDUCTIBLE WOULD BE LESS THAN WHAT WE DID BUDGET. SO WE'LL SEE A LITTLE BIT OF SAVINGS FROM WHAT WE BUDGETED.
AND THAT WOULD BE REMAINING IN THE HEALTH FUND. AND THEN BASED ON PLANNED PERFORMANCE FOR THE YEAR, ANY OTHER FUNDS THAT ARE ACTUALIZED FROM THAT WOULD BE REMAINING IN THE HEALTH FUND AS WELL. SO I THINK I THINK IT IS IMPORTANT TO NOTE THAT WE'RE MOVING THE DEDUCTIBLE FROM 100,000 TO 150,000. YES, FOR THE TOWN OF PROSPER. SO AND I BELIEVE SOME OF THE DISCUSSION THAT WENT TO THE FINANCE COMMITTEE WAS WE EXPECT THERE THERE'S A NUMBER IN THERE. I THINK IT'S 3 OR 4 CLAIMS TO GET TO THAT. SO THE ANALYSIS IS EXPECTING, THEY SAY 2.7 CLAIMS. SO WE THERE'S NOT HALF CLAIMS. SO WE DO THREE IS WHAT THE THE ACTUARIES ARE PROJECTING US TO HIT THIS YEAR. SO IF WE ONLY HIT THE THREE THAT THEY'RE PROJECTING WILL ACTUALIZE SAVINGS. IF WE DO GO UP TO THE FIVE AND A HALF, A COMPLETE REPEAT OF WHAT WE HAD THIS YEAR, WE'RE ONLY TALKING ABOUT A $7,000 DIFFERENCE. EVEN AT THAT DEDUCTIBLE LEVEL. THANK YOU.
I'D ASK ONE OF THE MEMBERS, IS THERE ANY OTHER QUESTIONS ON THIS ONE? I'D ASK ONE OF THE MEMBERS OF THE FINANCE COMMITTEE TO MAKE A MOTION. MAKE A MOTION TO APPROVE ITEM NUMBER 11 AS PROPOSED. SECOND MOTION BY MARCUS, SECONDED BY CHRIS KERN. ALL IN FAVOR? MOTION PASSES UNANIMOUSLY. THANK YOU TONY, THANK YOU. I JUST AS A CONTINUATION OF THAT, I APPRECIATE I KNOW THIS WAS A A SIGNIFICANT AMOUNT OF WORK TO GET THIS TO THIS LEVEL, AND I APPRECIATE IT AS WELL AS THE FINANCE COMMITTEE, I'M SURE. SO THANK YOU. THANK YOU VERY MUCH.
[12. Consider and act upon the 2026 Prosper Town Council Regular meeting schedule. (MLS)]
OKAY. AGENDA ITEM NUMBER 12 IS A CONSIDER, ACT, CONSIDER AND ACT UPON THE 2026 PROSPER TOWN COUNCIL REGULAR MEETING SCHEDULE AND OUR FAVORITE TOWN SECRETARY. GOOD EVENING, MAYOR AND COUNCIL. SO BEFORE YOU THIS EVENING IS THE PROPOSED DATES FOR THE 2026 MEETINGS. I WOULD LIKE TO NOTE THE DATES OF APRIL AND MAY. SO THE APRIL DATES ARE THE FIRST AND FOURTH TUESDAY, AND THE MAY DATES ARE THE SECOND AND THIRD TUESDAY. AND WE'RE ADJUSTING THOSE DUE. SO DUE TO SOME SCHEDULING CONFLICTS, I HAVE DISCUSSED THE DATES WITH DEVELOPMENT SERVICES AND THEY ARE WILLING TO ADJUST THE PLANNING AND ZONING COMMISSION MEETINGS AS WELL. SO.WITH THAT, I'LL TAKE ANY QUESTIONS. NO QUESTIONS. DOES EVERYBODY GOT A GOOD HANDLE ON THAT? ANY OTHER MAJOR THINGS WE SHOULD BE LOOKING AT BEFORE WE APPROVE THIS? I DO APPRECIATE MICHELLE'S EFFORTS AND OUR PLANNING COMMISSION'S EFFORTS TO ACCOMMODATE SCHEDULES. SO.
WOULD ANYONE LIKE TO MAKE A MOTION? YEAH, MAKE A MOTION TO APPROVE THE 2026 PROSPER TOWN COUNCIL. REGULAR MEETING SCHEDULES PRESENTED. A SECOND MOTION BY MARCUS, SECONDED BY JEFF HODGES. ALL IN FAVOR? MOTION PASSES UNANIMOUSLY. THANK YOU VERY MUCH. THANK YOU.
[13. Discuss and consider Town Council Subcommittee reports. (DFB)]
ALL RIGHT. AGENDA ITEM NUMBER 13 IS TO DISCUSS AND CONSIDER THE TOWN COUNCIL SUBCOMMITTEE REPORTS. WE'LL START WITH FINANCE. SINCE WE JUST SAW THE VAST MAJORITY OF THE FINANCE[00:25:03]
MEETING RIGHT THERE AND THEN MARCUS, I'LL LET YOU. YEAH, I THINK FROM THE FINANCE MEETINGS PERSPECTIVE, I CAN'T SPEAK FOR ALL THREE. BUT IT WAS HELPFUL TO GET ALL THE INFORMATION. I KNOW THERE'S A LOT OF INFORMATION CRUNCHING AND, YOU KNOW, A LOT OF QUICK TURNAROUND.I WANT TO THANK MY FELLOW COMMITTEE MEMBERS TO TO REVIEW IT AND GET AN ANSWER BACK SO THAT WE CAN MAKE SOME GOOD DIRECTIONS HERE. SO IT WAS GOOD. TO SIP ON THE FIRST. OKAY. YOU HAVEN'T MET YET ANY OTHER COMMITTEES? I DO SINCE IT IS A COMMITTEE. WANT TO THANK THE MAYOR PRO TEM FOR ATTENDING THE MAYOR'S YOUTH ADVISORY COMMITTEE AND PRESENTING, AS WELL AS COUNCIL MEMBER HODGES ON HIS REPEAT PERFORMANCE FOR COMING BACK ANOTHER ROUND. SO I JUST APPRECIATE YOU GUYS ENGAGING WITH OUR OUR YOUTH AND IN THAT PARTICULAR COMMITTEE.
[Possibly direct Town staff to schedule topic(s) for discussion at a future meeting.]
SO OKAY, THE NEXT ITEM IS POSSIBLY DIRECT TOWN STAFF TO SCHEDULE TOPICS FOR DISCUSSION AT A FUTURE MEETING. DOES ANY COUNCIL MEMBER HAVE ANYTHING THEY'D LIKE TO PUT IN FOR A FUTURE MEETING? NO, ACTUALLY, I WAS JUST GOING TO SAY THAT OUR NEXT MAYOR'S YOUTH ADVISORY COUNCIL MEETING WILL BE A JOINT MEETING WITH THE CDC. OKAY, SO IT SHOULD BE. YEAH. PRETTY INTERESTING. THAT'LL BE VERY INTERESTING, CONSIDERING THE CDC MEMBERS ARE THE ONES THAT NOMINATE THE PEOPLE FOR THE YOUTH ADVISORY COMMITTEE. SO. GOOD. ALL RIGHT. ANYONE ELSE? I WOULD LIKE AN UPDATE ON THE BANDIT SIGNS AND WHERE WE'RE AT WITH NEXT STEPS. ARE YOU GOING TO PROVIDE THE UPDATE? I CAN, IF YOU NEED ME TO. YES. YES. OKAY. ALL RIGHT. I WILL NOTE FOR THE RECORD AND FOR THE STAFF THAT WE DID START AT 615 AND WE'RE GOING TO GO INTO EXECUTIVE SESSION AT 642, WHICH MIGHT BE A RECORD FOR COUNCIL MEETINGS. SO AT THIS TIME, THE[EXECUTIVE SESSION]
TOWN COUNCIL RECESS INTO CLOSED SESSION AND COMPLIANCE WITH SECTION 551.001 OF THE TEXAS GOVERNMENT CODE IS AUTHORIZED BY THE TEXAS OPEN MEETINGS ACT OF DELIBERATE REGARDING SECTION 551.087 TO DISCUSS THE CONSIDER ECONOMIC DEVELOPMENT INCENTIVES AND ALL MATTERS RELATED THERETO.SECTION 551.072 TO DISCUSS AND CONSIDER THE PURCHASE, EXCHANGE, LEASE OR VALUE OF REAL PROPERTY FOR MUNICIPAL PURPOSES AND ALL MATTERS INCIDENT AND RELATED THERETO. SECTION 551.074. TO DISCUSS AND CONSIDER PERSONNEL MATTERS, ALL MATTERS INCIDENT AND RELATED THERETO. SECTION 551.071. CONSULTATION WITH THE TOWN ATTORNEY REGARDING LEGAL ADVICE AND ISSUES RELATED TO CHAPTER 271 OF THE TEXAS LOCAL GOVERNMENT CODE, ALL MATTERS INCIDENT RELATED THERETO.
SECTION 551.071 CONSULTATION WITH THE TOWN ATTORNEY TO DISCUSS LEGAL ISSUES ASSOCIATED WITH ANY WORK SESSION OKAY. AND THE TIME NOW IS. 758 AND WE ARE OUT OF EXECUTIVE SESSION.
[Reconvene in Regular Session and take any action necessary as a result of the Closed Session.]
DO YOU HAVE ANY ITEMS TO ACCOMPLISH OUT OF THE EXECUTIVE SESSION? NO SIR. CAN I GET A MOTION TO ADJOURN, PLEASE? MARCUS. RAY, JEFF HODGES. ALL IN FAVOR? THAT MAKES IT UNANIMOUS. HAPPY* This transcript was compiled from uncorrected Closed Captioning.