Sep 21, 2026 City Council

[1. CALL TO ORDER]

[00:00:08]

ALL RIGHT. GOOD EVING. TODAY IS MONDAY, SEPTEMBER 21ST, 2026. WILLLL NOW CALL THE CITY COUNCIL REGULAR MEETING TO ORDRDER AT 6:56 P.M.. ITEM NUMBER TWO IS A QUORUM. WDO HAVE QUORUM OF PLEASURE TO BE LED BY OUR MAYOR, PRO O TEM CLOUSER. I PLEDGE ALLEGIANCE TO THELAG OF THTHE UNITED STATESS OF AMERICA AND TO THE R REPUBLIC F WHIHICH IT STANDSDS. ONE NATION UNDNDEROD, INDIVIBLE, WITH LIBERTY AND JUSTICEOR ALL.. RIGHTHT. THA YOU. WE HAVE ITEM NUMBEROUR.

[(a) Recognition - 9-1-1 Day]

RIGHT. ALL RIGHT. WELL, I AM ALL PRESENTING A PROCLAMATION N TO YOU, CHIEF, A BUT IT'S REALLY NOTT FOR YOU. IT ISOR OUR TELECOMMUNICICATIONS AND 911 DAY. SOO ITT READS. WHEREAS MORE THAN000 DICATED TELECOCOMMUNICATORS AND DISPATCHER SAFEGUARD T REDENTS OF HARRIS COUNTY AND FORT BEND COUNTYN A D DAILY SIS, PROVIDI A VITAL LIFELINEY ANSNSWERING EMERGENENY CAS AND DEPLOYING FIRE A MEDICAL PERSONNEL. WHEREAS, THE 911 SYSTEM SERS 49 CITIES COUNTIES AND PROTES MORE THAN 20% OF THE TEXAS POPULION, STANANDING AS ONE OF THE LARGEST AND MOST TECHNOLOLOGICALLY ADNCED NETWORKS IN OUR NATION.

AND WHEHEREAS, THE GREAT HOTON 911 EMERGENCY NETWORK FICIENTLY PROCESSES APPROXIMATY 4.1 MILLILION VOICE D TEXT EMERGENCYALLS A ACROSS ITS TERRITO EACH YEAR.. THAT SOUND ABOUTT RIGHT? YH. WHEAS THE 911 EMERGENCY SYSTEM IS A PROVE SAFE, LIFE SAVING RESOURCE THAT CONTINUOUSLY PROTES BOTH LIVES D PROPERTY THROUGHOUT OU COMNITIES. AND WHERE, THE GREATER HARRIS COUNTY 9 EMERGENCY NETWORK PROUDLY JOINS THE STATE OF TEXASND THE NATIONAL EMERGEN NUMBER ASSOCIATION IN H HONORING THE PROFOUND VALUE AND IMPACT OF SERVICE. NOW, THEREFORE,, I, MAYOR PROEM MAYOR P PRO T LYNN CLOUS, ON BEHALF OF OUR MAYOR, ROBIN ELLACOTT, ANDND THE ENENTIRE CITY COUNCIL ANDHE CITIZENSF MISSOURI CITITY, DO REBY PROCLAIM SEPTEMBER 11TH, 202626 AS 911 DAYN THE CITY OF MIMISSOURI CITY IN FORT BEND COUNTY. Y. HOWOW MANY OF YOU HAVEVE EVER USED NINE. ONE ONE BEFORE, EVE RIGHT. WE NEED TO BE TNKING OUR DISPATCHE. THEY ARE PART OF O OUR FIRST RESPONDERS. ACTUALLLLY, THEY ARE THE FIRST THE FIRST RESPONDNDER. AND SO THEY OFTEN GET OVERLOOKED BECAUAUSE WE DON SEE THEMWE JUST HEAR THEM. AND SO WE WANT TODAYAY TO SAY THANK YOU FOR YOUR SERVICE AND T THANK YOU FOR ALL THAT YOU DO AND'M GOING TO TURN THIS OVER TO O OUR CHIEF, TROY FNER. THANK YOU SO MUCH. MAYOR PRO TEM, I JUST WANT TO SAY REALLY QUICKLY, YOU HIT IT. ERYTHING THAT YOU SAID SO MANY TIMES, Y'A OVOVERLOOKED. AND AND Y'ALL ARE SO INTEGRAL TO THE S SAFETY OF OUR COMMUTIES. AND WHAT I THE T TEAM HERE MISSOURI CIOUT PD, Y'ALLAVE BEEEEN SHO STAFAFFED FOR SO LONG AND WE'RE WORKING SOARD TO FILL IS.

AND CAPTAIN AND SHANNON AND EVERYBODY HERE, T THANK YOU ALL FOR YOUR LEARSHIP AND ERYTHING THAT YOU'VE DONE. AND THE MAYOR AND THE CITY MANAGERND ALL OURUR CNCIL MEMBERS ARE REALLY COMMITTED TO FILLING ALLL THOSE SPOTS, JUSTT LIKE WE'RE WORNG ON ALL CLASSIFIED OFFICER SPOT. BUT THANK Y'ALL. I KNONOW THE SASACRIFICE THAT Y'ALL PUT IN IS SO STRESSFUL. A IF YOU EVE SEE E AN EMERGENCY COMMUNICATOR OUT THERE, PLEASE TNK TM BECACAUSE I'V BEEN A POLICE OFFICER FOR A GOOD L LITTLEHILE D I COULD NOT DO DISPATCH AND I COULD NOT MTITASK LIKE THAT. SO THAHANK YOU ALL FOR WHAT YLL DO EVERY DAYAY. LOVE Y'Y'ALL AND SUPPORTT YOU. SO THANK YOU SO MUCH. OKAY.

[00:05:17]

[5. PUBLIC COMMENTS]

FOR THE LAST THREE BUDGET CYCLES. I'VSTOOD UP HEREE AND VOICED M MY CONCERNS AT THE GROWING CITYUDGET, BUILDIN AN EXPENSE SUCTURE THAT COULD NOT BE SUPPORTED BY THE EXISTINGAX BASE WITHOUT ADDITIONONAL TAX RATE INCREASES. SINCNCE FY 22, GENERAL FUND REVENUE HAS GROWN FROM APPROXIMATELY 61 MILLION TO 99 LLION, A 60% INCREASE. BUT EXPENDURES HAVE GROWN EVEN FASTER, FROMM APPROXIXIMATELY 68 MILLION TO NEARLY113 MILLION IN THE PROPOSED BUDGET, A 65% INCREASE. ALL OF IS IN ONLY FIVE YEARS. MUCH OF THAT EXPANSION WAS SPORTED BY RADLY GROWING PROPERTY TAX REVENUE, WHICH INCREASINGLY WHICH INCREASASED ROUGHLY 64% DURING THAT P PERIOD. BUT TT GROWTHTH IS NOW FLATTENING. FY 2027 GENERAL FD PROPERTY TAX REVENUE PREDICTED TO ONLY INCREASE 1.1%, WHILE EXPENDITURES INCREASING 5%. AT GAP SHOULD CONCERN EVERYONE. IT IS E EVEN MORE CONCERNING WHEN N COMPARED TO TE CITYTY'S OWN FIVE YEYEAR PLAN. E YEAR FORAST PUBLISHESWO BUDGDGET CYCLES AGO. THE FORECAT PROJECTEDY 27 EXPENDITURESS OF APPROXIMATELY $92 M MILLION TODAY, THE CITITY PROPOS FY 27 EXPENDITURES OF ALMOST $1133 MILLION, MORE TN $2100,020 MILLION. 22% OF BUDGET FORECAST THAT WASREPARED TWO YRS AGO. ACCOUNTS FOROR THAT ADDIONAL 20T MIION IN SPENDING? HOW MUCH ISECURRING, AND WHAT ISHE PLAN FOR CONTROLLING FUTURURE EXPENDITURE GROWTH? THE PROPERTYAX REVENUEUE IS FLATATTENING. PUBLIC CANNOT EVALUATE THOSEUESTIONS BECAUSE T THE CITY HAS NONOT PROVED THE CURRENT FIVE YEAR GENERAL FUND FORECAS I SUBMITD A PUBLIC INFORMATION REQUEST FOR THE FIVE YEA OUTLOOFOR THE FY 2026 BUDGET PROCESS.HE CITY D DENIED THA REEST. THE PROPOSED FY 27 BUDGET ALSLSO DOES NOT INCLUDE A COMPABLE FORECAST. IRONICALLY, THE FY 27 BUDGET IS POSTED ON THE CITY'S WEBSITE UNDER A TITLE O FINANCI TRANSPARENCY.Y. I HOPE THAT IRONYSN'T LOST T ON YOU, SO I'D LIKE SOMEONE, ANYBODY. COUNCIL, CIT MANAGER FINANC CITY ATTORNEYO BLICLY ANSWEWER A SIMPLE QUESTIONON. WHY WILL THE CITY NT SHARE THIS I INFORMATION WITH TE PUPUBLIC IF A FIVE YEARINANCIAL OUTLOOK EXISTS, WHY C CAN'T RESIDEDENTS SEE IT IF IT DOES NT EXIST? H HOW IS THE CIT EVUATING WHETHER MORE THAN $112 MILLION IN ANNUA SPENDINGG IS S STRAIGHTFORWARD WTUESTION OPERTY TAX OR PROPERTY TAX REVENUES DOE THE CITYY CURRENTLY PROJECTCT WILL BE REQUIR IN 27, 28 AND B BEYOND, AND THEITY HAS PROJECTIONS ADDRESSING T THAT QUESTIONHY YOU. THANK YOU, MR. MAYOR. T THT CONCLUDES PUBLIC C COMMENTS. WE HAVE OTHERERS SIGNEDP FOR THE PUBLICIC HEARINGS. OKAY. ALL RIGHT. THANK YOU. MOVE ON ITEM NUMBER SIX. OUR STAFF REPORTS. WEAVE SIXIX A CITY MANAGERR REPORT TO PROVIDE AN OVERVIEW O OF ANNOUNCNCEMENTS OF COMMITY INTEREST. WE HAVE ALAN BEAUREGARD, C CITY MANAGER.

[7. CONSENT AGENDA]

[00:10:07]

[(a) Public Hearing - Receive comments for or against the approval and adop...]

IHINK I IT'S BEEN AHILE SINCE I'VE BEEN BEFORE YOYOU ALL,ND I'VE BEEN ININ THIS SUBDIVISION.

MY NE IS VIOLA A ABRAMS. I AT 506. REID WOULD DRIVE AND I'VE BEEN HER FOR 38 YEARS. A AND AMAM SPEAKING ON BEHALF F OF THE CDBG GRANT THAT I RECECEIVED BK IN 2014. AND I RECECEIVED A LETTTTERN FRIDA ON THE 18TH ABOUT T GRANT BEING RESCINDED BECAUSE O FAILUREF COMMUNICATION.N. AND THAT'S NOTT MY RECOLLECTION OFF WHA HASAS HAPPENED IN TH PARTICUR SITUATION. HAVAVE BEEN TOUGH FOFOUR DIFFERE CONTRACTORS TO COME T TO MY HOMEE TO DO THE REB ON IT FROM 2015 TO THE PRESENT, ANAND I BELIEVE IT'S NOT A. IN THE LETTER R THAT I RECEIVED FRM TH CDBG WASAS BECAU OF A LACK OF COMMUNICATION. EUSE ME, MA'AM, THIS ITEM IS FOR THE BUDGET HEARING. IT ES NOT RELA SPECIFICALLTO THE ITEM THAT YOU'REISCUSSING. I WAS TOLD BY W WHO WAS IT? THE LADY WHO C CAME OUT THE TO GET THE FORM.. MARIA? YES, SHE SIGNED U.

SHE SAID IT WAS O ON THE AGENDA. OKAY. SO WHEN I WAS A ASKED IF WAS S ON THE AGENDA, CDBG IS EMBEDDED IN THE FYY 27 BUDGET, SO I D DIDN'T KNOW EXACTLY W WHT SHE WAS SPEAKING ON. IN TERMS OFDBG. I DIDN'N'T KNOW IT WAS REFERRING TO 2014. OKA IF YOUR COMMENT IS ABOUT THEHE GENERAL A ADOPTION OF E BUDGET FOR THEE CDBG PROGRAM, IT WOULD BE ALLOWABLE UNDER COUNCIL'S RULES. BUT IF ITT IS ABOUT YOUR SPECIFIC APPLICATIONON, I WOULD AS THAT YOU GET WITH STAFF SO THAT YOU ALL CAN HAVE THAT DISCUSUSSION. OKAY. I DIDN'T KNW WHETHER OROT IT WAS GOG TO BE BROUGHT UP HERERE BECAUSE MR. PULLEN CALLED ME UP JUSTIN TODAY, SO I DIDN'N'T KNOW WHETHR OR NOT HE WAS BRINGING THAT UP HERE. SO I STILL D DON'T KNOW. T WAS LIKIKE TO GET SOME. I DIDN'T HEAR H HIM. STAFF WILL CERTAINLY GEWITH YOU AND G YOUR INFORMATIONN TO HAVE THAT DISCUSSION OFFLINE. THANK YOU, THANK YOU, THA YOU. SO I JUST WANT TOO CLARIFY SOMETHING. THE SENT ME AN EMA I HAVEABRAHAM, HD FORWDED TO THE APPROPRIATE OFFICE OFF YOU TO LOOK INTO IT.

SO JUST SO T THAT TT WE'E'RE ARE THAT THAT EMAIL HAS BEEN FORWARDED FOR THETAFF T TO CONTACT YOU, WE WILL GET A COPY. OKAY? OKAY. ALL RIGHT. TNK YOYOU MA'AM THANK YOU, THANK YO.

OKAY. M MAYOR, THAT CONCLUDES THE PUBLIC HEARING. OKAY. ALLLL RIGHT. SO WE'LL GO TO ITEM

[(b) Consideration and Possible Action - First and Final Reading - An ordin...]

[00:15:09]

THISS ANOTHER EXCITING TIME TO ADOPT T THE CITY' ANNUAL BUDGET. IN MY PSENTATION, I WILL WALK YOU THROUGH THE JOURNEY, THEHE GDING PRINCIPLELS AND E BUDGET HIGHLIGHTS. SO FOR THE BUDGET J JOURNEY, HOW DOES IT STAYY ON? SO FOR THE BUDGET JOUOURNEY, STA HAS STARD ON THE FY 27 BUDGET. BACKN APR, WE STARTED ENGAGING T RESIDENTS IN JUN WITH A CITIZENS VIRTUALURVEY, AN THEN WE HAD BUDGET WORKSHOPS ON AUGT 10TH AND 11TH, WHWHERE WE WENT T THROUGHE DETAILS O OF THE FY 27 BUDGET WITH COUNCIL ON T 31S IS WHEN WE ACTUALLY FILED AND POSTED THE FY7 BUDGE FOR RESIDENTS TO B BE ABLE TO REVIEW IT. ANAND THEN ON SEPTEMBER 3RD, WE PROVIVIDED THE COMMUNITY GUIE AS AN. ACCCCOMPANY TO THE FY 27 UNDERSTANDING OF THE B BUDGET COMPENTS. AND NOW WE'RE HERE ON SEPTEER 21ST WITH THE HOHOPES OF HAVING THEUDGET ADOPOPTED BY COUNCIL. SO OUR GUIDING PRINCIPLESAS TOO THIS IS TO ENSURE THATAT WE HAVE ENOUGH OPERATING FUN AVAVAILABLE FOR THREE MONTHS. AD THAT TYPICALLY LOOOOKS LIKE 20 O ANOTHER GUIDING PRINCIP WAS TO BE FISCALLY C CONSERVATIVE, FOFOR WITH TH REVENUE PROJECTIONS,S, WEANT TO CONTINUE TO MAINTAIN N AND ENHANCNCE AND ENHANCE S SERVICES WHERE THERE'S ANN OPPORTUNITYTY. AND ANOTHER FINAL GUIDING PRINCIPLE FOR U US WAS TO HAVE ROBUST CAPITALMPROVEMENT PROGRAM.M. THE FY 27 REVENUE CITYWIDE BY FUND IS 27676.6 POIT $4 MILLION.. THEIE GRAPH HERE, THE PIE CHA HERE, SHOWS THE PERCEAGE OF REVENUE BY THE FUNDS.ND T THEN TO TH RIGHT IS THE LIST OF THE REVENUE INN DOLLALARS. SO AS YO CAN SEE, T GENERAL FUND REPRESENTS 35., WHICH EQUATES TO $98.7 MILLION.. AND AS YOU CANEE, THE OTHER FUNUNDS ARE LISTED, BUT THIS IS $276 MIMILLION OF R REVENUE BY FUND.N THE SPIRIT OF MISSOURI CITY BEING THE SHOWW ME CITY, THIS IS COMING FROM. AND THESE ARE THE FUND SOURCES FOR THIS 276 MILLION PROPERTY TAXES REPRESENTS 30.5%. OUR CHARGES FOR SERCES IS 13.1. SALES TAX REPRESENTS 10% AND OUR BONDS IS 23%. T THE OTHERER CATEGEGORIESE ONES THAT I JUST WANTED TOE MAJR HIGHGHT. NOW, AS FOR THE FY 2727 EXPENDIRES BY FUND, THE EXPENDITURES T TOTALED $305.9 MILLION. SIMILARAR TO THE PREVIO SLIDE. THE PIE CHART HERE SHOWS THE PERNTAGE OF EXPENDNDITURES. AND THEN TO THE RIRIGHT IS THEIST OF THE EXPENDNDITURES IN DOLLARS. GENERAL FUND IS REPRESENTED WITH $112.6 MILLION IN EXPENDITURES AND THEN DEBT SERVICES 21.8 AND CAPIT PROJECTSS 54.4. THOSE ARE THE MAJORNES THAT I WANT TO HIGHGHLIGHT, BUT THEY'RE A ALL LISTED THERE.HE TOTAL IS TH $3$305.9 MILLION. SO WHERE IS TE MONEY GNG? SO FOR MAJOR EXPENDITURE CATEGORIEIES, CAPITL OUTLAY REPRESENTS ABOUT 25%5% 24.7% TOTO BE EXACT. P PERSONNEL COSTST IS 22.4%. AND OUR CONTRACTUAL CONTRACACTUAL SERVICESES IS 20.2% AND DEBEBT RVICES IS 9%. THE OTHER EXPENDITURES ARE LTED, BUT THEY ARE NOT AS SIGNIFICANTN AMOUNT OR PERCENTE COMPARED TO THE ONES THAHAT I JUSTPOKE ABOUT. SO BEFORE I MOVOVE ON TO

[00:20:06]

SO I DO WANT TO FOCUS ONHE GENEL FUND BECAUSE I THINK THAT'S ONE O OF THE MOST IMPORTANT FUNDS, ANDHAT'S THE ONONE THAT IS SUPPORTED BY THE PROPERTYTY T TAXES. ANDO THIHIS PARTICICULAR FUND, IF U LOOK AT IF YOU RECALL T THAT THE EXEXPENDITURES WAS ONE 113 MILLION, ANDND THE REVENUE COMOG IN F THE GENERAL FUND WAS ABOU 99 LLION, AND THATT IS A DIFFERENCEF 14 MILLION. TS MILLION IS USED TO SUPPORT $8 MILLION IN CAPITAL PROJECTS FOROR TRANSPORTATION AD MOMOBILITY, 2 MILLION FOR EQUIUIPMENT REPLACEMEMENT, AND 7 FOR IT INFRASTRUCTCTURE UPGRADE. THESE INVNVESTMENTS ADDRESSSSED DEFERREDED NEEDS THAT AUMULATED OVER SEVER YEARS DUE TO PROJECT DELAYS, SUPPLCHAIN CONSTRAIAINTS, STAFFING TRANSITIONS, AND CPETING OPATIONAL PRIORITIES. FY 277 REREPRESENTS THE YEAR IN WHICH E WILL COMPLETE CRICAL PROJECTCTS TH HAVE BEEN POSTPONED FOR VARIOUS REASONS, USISING FUND BALAE FOR ONE TIME CAPITAL, RATHER THAN REOCCURRING OPERATATIONS, IS A CONSISTENT BEST PRARACTICE AND MAINTNTAINSE CITY'S STRONG FINANCIAL POSTU. THIS APPROACH ENSURES THAT MISSOURI CITY CTINUES TO INVESTST IN ESSENTIAL INFRASTRUCTURE, MODNIZE OPATIONS, AND MAINTAIN HIGH SERVICES WHILELE PRESERVING G LG TERM FISCALUSTAINABILITY. FY 27 BUDGET IS I INTENTIONALLY UNBALALANCED. TO ADDRESS THE OVERDUE CITAL NEEDS, BUT NOT BECAUSE OF STRTRUCTURAL DEFEFIC. SO I THOUGHT IT WAS I IMPORTANT TO SPEND A LITTLE BIT MO TIM TO ADDRESS THE REASON WHY OUR EXPENDITURES DO EXCEEDD THE REVENU FOR FY 2 27. SO NOW WE'LL TALK AUT THE CAPITAL PROJECTS, THE C CAPITAL PJECTS FOR FY 27 TOTAL 8 84.4 MILLION. APOLOGIESS FOR E 75.6. THAT I IS AN ERROR. IT SHOULBE 84.4. THIS $84.4 MILLION IN CAPITAL PROJECTS IS FOR THE IMPROMENTS AND WASTEWATATER AND WATER RELATED INFRASTRUCTURE, ROADD MOBILITY AND TRANSPORTATIONN IMPROVEMENT, CITY FACACILITIES AND PUBLIC BUILDINGNGS, PARKS, TRAILS A AND RECREATION FACILITITIES, AND STORMWATATER AND DRAINAGE IMPROVOVEMENTS. ALSO, IN THIS FY 27 PROPOSE BUDGET, THERE ARE 4833 PROPOSED FULL TIME POSITIONS. OF F THE 483, THERE ARARE 15 NEW POSITIONS WH TEN POSITIONONS IN PUBLIC WORKS, WHICHILL BE FUNUNDED BY THE METRO FUND. OUR TWO P POSITIONS IN OUR PUBLILIC SAFETY AREA, ONE FOR CYBERSECUCURITY AND THEN TWO FOR HUMAN ROURCES. THE ARE JUSTST A FEW OF SOME OF THE BUDGET HIGHLIGHTS. THE TAX RATE IS 57.578363 PER 100 T TAXABLE VALUE, WITH A SLIGHT INCREASE OF THREE QUARTERSF $0.01 WHICH ISS 0.007538, A THAT ISIS COMPARARED TO THE 5.570825 PER 100 ASSSSESSED VALUAON. THIS IS ANAN INCREASE OF 1.332% OVER THE CURRENT TAXAX RE. ALSO INCLUDED THIS BUDGET IS 18.9 MILLLLION FOR STREET RECONSTRUCTION,N, 34, OR 34.4 MILLION FOR UTILITY PROJECTS, 900 000 TO ENHANCE

[00:25:04]

THE THEUDGET HASAS BEEN PUISHED ON OUR WEBSITE FOR EVER SINCE AUGUSUST 31ST, WHEN WAS FILED. I I BIEVE THAT THE COENT THAT WAS MADE WAS IN RELATIONO THE ND TO UPDATE THEE CITY'S FIVE YEAR FINANCIAL FOFORECAST THAT WAS IDENTIFIED S ARIORITY B BYITY COUNC EARLIER WHEN IRRIVED, ANDND IT IS A PROJECT THAT WE INTEND T MOVE F FORWARD WIT OKAY, BUT IS THAT REQUIRED TO BE PUBLISHSHED? IT IS. WELL, IT'S IT WOULD BE GOOD TO PLISH IT. IT'SS NOT IS GOOD PRACTE TO HAVE ONE.. IT OKAY. SO, YOU KNOW,HEN I HEAR COMMENTS THAT SAYING AT WE HAVET PUBLISHED A BUDGET, I WANT TO VERERIFY WHA WE'RE REALLY TALKING ABOUT IS TWO RIGHT. OKAY.Y. SO WITH THAT BEIG OUT OF THE WAY,BVIOUSLY WE ALL KNOW THAT THTHE CITY MAKES MONEY IN TWO WAYS, WCH IS PROPERTY TAX AND SALES TAX. SO HAVEN'T SEEEEN ANYTHG FROM OUR GOVERNOR AND THAT TALKING ABOUT STAINING THE PROPEY TAXES AND TAKING AWAY WITH IT.

AND WE'RERE JUSGOING BASED OFF R SALES TAX. SO, YOU KNOW, LOOKINING AT THE AT THE BUDGET, U KNOW, WE'RE AT .5783 TO THE HUNDRED DOLLAR VALUATION. PRIOR THAT. IO HAVE A S STATEMENT.

SINC 2021UDGET, WE W WERE AT 0.578, 202022. WE DROPPED ITT TO 0.573, MAYBE A QUARTER PERCENT IF YOU WILL. AND THEN N IN 23 BUDGET 24. BUDGET 25 BUDGE WE KEPT IT AT 0.5708. AND TODAY YOU ARE ASKG FOR WHICH IS A THREE QUTER OF A PCENT, WHICH YOU J JUST MENTIONED, 0.00758 TO. THAT PUTS YOU U AT 0.5783, IF YOUILL. WHAT E YOU GETTITING BACK FOR THAT? WE, WHEN I LOOKED AT WH YOU'RE GETTING BACK, CAN YOU GO BACK TO THAT SLIDE THAT NOT THAHAT OE TOWARDS THE END. KEEPP GOING. NO ONE MORE. THIS IS T BUDGET HIGHLIGHT. SO ISS THIS THE LAST TWO SDES. YEAH. LEAVE THAT. ME I THIHINK EVERYON NEEDS TOS UNDERSTATAND IS THAT'S ABOUT $58.5 MILLN. I CALCULATE, WHICH IS 30 TO 28.5 F FOR UTILITIES. GENERAL OBLIGATIONS IS OBVIOUSLY OUT OF O OUR 20211 BO THAT THE CITIZENS VOTED FOR, WHICH WE ROUGHLY GOT ABOUT 30 MILLION. T THAT NDS TO BE SPENENT TO WHATE SAID D WE WER GOING TO DO IN. 21. SO THAT'S BEING ADDRESSED BY MOST OFOF IT IS IN CIP, WHICH IS IN P PUBLIC WORKS, AND THEN CERTIFICATE OF OBLIGATION FOROR THE 28 MILLION. THE WAY I UNDERSTAND IT IS THAT FOR UTILILITIES THAT WE HAVE. SO.0 P PLUS. 28 MR. CITY MANAGER, THAT'S8 MILLION WITH A QUARTER PERCENTNT INCREASE.

CORRECT. N. S WHAT NEEDS TO UNDERSTA IS WE COULD G GO WITHH WHEN Y YOU DO SELL THESE BONDS AND YOU CAN LEGALLY INCREASE E TAXES BECAUSE THERE'S NO OTHERAY TO PAY FOR THIS TO UNDERSTANDINING THAT WE'RE PAYIG FOR TS WITH A JUST A QUARTERER PERCENT BACK TO. SO IF YOUOOK

[00:30:01]

D THEN THERE'S TWO THAT WAS GOING INTO IT. SOO YOU'RE TALKING ABOUT TEN PLUS T ALST 12 EMPYEES THAT WAWAS BEIN FUNDED, NOT JUST FUNDED FOR ONE TIMIME, BUT FUNDE THEREAFT, BECAUSE THAT MONEY IS COMINING IN WHERE IT'S A CONSTANT THAHAT'S COMINGN. SO WE PUT I BACK INTO THE STREETS,, BACK INTO OUR EMPLOYEES, WHO ARE T CREW W THAT'S GOI TO MAININ WHAT WE NEEDED TO MAINTAIN, RATHEHER THAN OUTSOUING AND SPENDING MORE MONEY ON TOPOP OF IT. SO THIS WY OUR PUBLIC WORKS WILLAVE ACCESS AND CONTROL T TO THAT, AD WE'LL BE ABLE TO GET THE JOB NE PROBAY MUCH FASTER THAN LABOR FORCE TT WE USE TO CONTROL THIS. S SO OVERALL, THIN KUDOS TO THE ENTIRE TEAEAM, TO THE DIRECTORS THAT'S SITTINIG IN HERE. ANDND THEEASON I SAY TH IS, I TNK LAST YEAR AND THE YEARAR BEFORE, W ALWLWAYS BACK AND DOWNSIZE 5 IF SO,OME BUT YOU GUYSORKED WITITH THE FINANCE AND WORKED WITH THE CITYANAGER'S OFFE TO PROVE A BUDGET WITH THE THREE QUARTE PERCENT IREASE GIVIN BABACK $58.5 MILLION TO O THE TAXPXPAYERS OF THIS CITY. THAT'S ALL SEVEN OF USREAXPAYERS.

ANTO SAY THAT THAT TO ME, THATAT'S IMPRESSIVIVE. SOITH T , I'M GOING TO O GO AHEAD AND YIED BACK. WE HAHAVE OTHER PEOPLE THT WANTO SPEAK. WE' GOING TO RECOGNIZE. COUNCIL MEMBER O'DEKIRK. THANKNK YOU. SO WE'REA GROWING CITY. WE'VE BN GROWINING AND WE'VE GROWN EXPONENTIALLY Y SINCE 202020. I THININK WE'VE AED THOUSANDS OF HOMES BETWE PARKSKS EDGE, DRY CREEK, SIENNA, ANNEXATIONS. A WITH T THAT COMES TAX REVENUE AND ITIT COMES ADDITIONAL EXPENDITURES. SO OUR BUDGET WOULD NATURALLY E EXPAND DURING THAT TIME FRA. DOES THAT DO YOU CONCUR? ABSOLOLUTELY. THA YOU.U. AND SO, YOU KNOW, I I APPRECECIATE YOUR YOUR VERY DIRECT EXPLALANATION OF ONE TIME PROJECTS COMING FROM T THE EXCES FUND BALANCECE, BECAUSE WE'RE SUPPOS TO PART OF OUR CITY CHTER, I BELIEIEVE, MAINTAIN 20 TO 30% IN OUR FUN THAT'S FOR ONGOING EXPDITURES AND THINGNGS. WEE WAITING FOR REVENUES TO COME IN. AND THAT'T' GAPS IN DID INCOME COMING IN. SO WE'VE ALSO HAD EXTREME INFLATITION SINCE 2020. EVERYRYTHING FM OUR CHICAL CONTRACTS TO SARY INEASES. ALL OF THESE THINGS HAVE B BEEN IMPACACTED BY INFLA.

WE'VE ALSO FUNUNDED NOW WITH THS BUDGETET, $85 MILLION IN BOND PROJECTS, $85 MILLION THATT THE CITIZENS VOTED ON AS TAX INCREASES. AND WE WERE A ABLE TO DO THAT BY ABSORBING AS PROPERTYALUES INCNCREASE DURG THAT TIME FRAME WE WERE ABLE TO ABSORB THAT IN THE EXISTING TAX RATE. SOO I THINK THAT'S A EXTREME FEAEAT THAT WE WERE ABLE DO THAT. BUTUT WE HAVE TO

[00:35:04]

THAT IS A T TRANSPARENT RESPONSE VEVERSUS SENDING THEM TO O SESENDING IT OFF FOR, YOUU KNOW, PUBLIC INFORMATION REQUESTS A THAT TYPE OF F THING. SO WE'RE NOT REQRED TO GIVE ITO THEM.

T AS PART OF TRANSPARENC STATING THAHAT IT IS NOT AVAILABLE,E, WE'RE WORKING ONT ULD BE AN APPROPRIA RESPONSEES. OKAKAY. SO GOI RESPONSE THAT WE G GIVE. CORORR.

OKAYAY. THAT'S IT. THOSE ARE M Y COMMENTS. OKAY. T THANK Y. RERECOGNIZING COUNCILMEMBMBER BN MARSHALL. THANK Y YOU MAY. I WANTED TO START MY C COMMENTS OF BYBY SAYING R THE FIRST TIME IN A REALLY LONGIME, OR IF EVER, FOR ME, I HAD AN OPPORTUNITY TO RECEIVE THE ACTUALS TO DATE FOR THE CRENT BUDGEGET THAT WE' IN, , AT LEAST UP THROUGH JUNE REALLY HELPED TREMENDOUSLSLY AS FAR MY VE IS CONCERNED HERE ON THIS EVENINGNG, THE ONEE TO HIGHLIGIGHT IS THA WE HAVED CURRTLY SPENT1.6% OF OURUR BUDGDGET AS OF JUNE 30TH, 2 202, AND THAT CONFIRMS TO ME THAT WE THAT WE SHOULULD BE GOING. ASAR AS WHAHAT WE DID SETET AS A BUDT ON LAST YEAR, W WHAT I ENJOYOYED THE MOST ABT THIS PARTICULAR REPORT IS THAT WE COU CLEARLY WHERE THERE IS SOME NEEDED. YOU KNOW, WEEED TO S SPEND SOME ADDITIONAL FUNDING THERE, AND I'M PTTY SURE THAT THAT HAS A LOT TO DO WITHTH VACANCI, BUT IT'S A GREAT SNAPSHOT FOROR US O BE ABLE TO QUICK ASSESS WHERE WHERE WE'RE LKING. ANOTH TELLTATALE SIGN OF BEING ABLE TO KE A LOOK AT THE EXPENDITURES REPORT WAS ALSO BEING ABLE TO TRACE OUR INCOME. AND THAT TO ME WAS EXTXTREMELY TELALE AS WELL, BECAUSE WE'RE WELL AT NIGHT, OVER 90% COLLECTIONS AS OF JUNE 30TH, 2026. AND SO I WANT TOO THANK YOU F FOR THAT REPORT. I DON'T KNOW O PUSHEHED TO GET THIS,S, BUT THIS WAS ONEE OF THEHE THINGS THAT WAS ON MY ITICAL PLEASE, PASE, I WANT LIST. SOHANK Y YOU FOR GETNG THTHAT TO ME. I WANTED TO KIND F TALK A LITTLE BIT ABOUTUT THE $9 MILLIOION DRAWDOWN THAT WE'RE GOING TO DO ITHE ONE TIME CAPEX IMPROVEMENTS. MY FIRST QUESTITION IS OF THE 84.MILLION THAT WE'RERE GOING TO DO DOES IS THAT IS A 29 MIMILLION INCLUD IN THAT 84.4 OR IS THAT ADDITIONAL OR IS IT 29 ADDITIONAL. OH, I IT IS ADDITITIONAL. YES. SO WE'RE DOIG CAPITAL IMPROVEMENTS OF 84.4 MILLION PLUS $29 MILLION. CORRECT. ANDND SO TH 29 MILLN THAT THE ONE TIME DRAWDOWN THAT'S BED ON POLIC THAT COUNCILL HASET YEA AGO, EVEVEN BERE ANY OF OUR TIMES WHERE WE WLD KEEEEP A CERTA AMOUNT OF ALLOTMENT INSIDE OF O OUR RESERV, IF YOU WILL. A I UNDERSTAND OUR RESERVES ARE EXTREMELY HEALTHY.. AND FOR TIMES LIKE THIHIS, THE ONE THIHG THATOU SAID TONIGHT TO ME THAT WAS V VERY CTICAL AND VERY, VERY IMPORTANT, AND I'VE NOT HEARD ANY BUDGET DIRIRECTOR EVE SAY THIS BEFORE, IS THAT WITHOUT US DOINGNG THE 29.9 MIMILLION, WE DO HAVE A BALANCED BUDGET. CORRERECT. BUT BECAUSE E HAVE AEALTHY R RESERVE, WE ARE ABLE TO REACH I THERE AND DO ADDITIONALAL THIS THAT OUR CITIZENS NEED.D. AND TO ME, THAT GOES ABOVE AND BEYOND WHATAS INSIDE OFHE THE BOND, IT REALLY DOES JUST A LITTL PROFESSIONALPINION FROROM FM THE TWO OF YOU GUYS,ECAUSE THIS IS YOUR EXPERTISE. I TNK OUR CURRENTNT POLICYY STATES TH WE SHOULD KEEP ABOU 30%0% A

[00:40:04]

ALL OF US HAVE BEBEEN ASKING FOR IT, AND I THINK WE R REALLYONED IN ON IT IN 2025. WENDERSTAND THE SHIS OCCUR,, BUT WHAT I'M MY COLLEAGAGUES AND MELF AND I,T AND I FEEL GOOD ABOUT SAYAYING KNOW THAT THAT'S SOMEMETHING THT WE W WANT AND WE'E'RE GOING TO T IT AND WRE GOING TO ODUCE IT. SO THANK YOU. THANANK YOU FR YOUR FOR BEING SO OPEN AND HONEST ON NIGHT WITH YOUR REPORT. THTHANK YOU. THA YOU.. ONE MORE COMMENT, CITY MANAGER ON THIS. I MEAN, OF ALL THE THINGS THAT WE TALKED ABOUT TH WE'RE SPEING, LET'S NOT FORGET THAT WE PUT IN THAT W $13 MIMILLION INTO THE VALLEY GOLF CLUBHAT WE'RE VERY PROUD OF AND SEEING. A AND I KW THAT'S RAISING THAT'S GROWING REALLY FAST AT FASAST RATE, EVEVEN JUST WITHIN THE 1 OR 2 MONTHS OF REACHING 100,0, YOU KNOW, ININ SALES. SO THAT IS PROGRESSING. SO CAN'T WAIAIT TO SEE WHAHAT A WHOLELE FULL YEAR WOULD LOOK LIKE O THAT ASPECT. AND I WANT TO THANK THE LGC AND SERGIOIO, YOU KNOW, AND HIS ENTIRE TM FOR WORNG THAT PRPROCESS. SO KUDOS TO YOU. AND THAT'S ALSO WITITHOUT RSING TAS. AND SO IF SO, IF I ADD THAT TO THE 5058 LLION PLUS 13, ANDND THE'S A REASON WHY I'M YING THIS OCAMERA, I WANT PEOPLE TO UNDERERSTAND THI.

THAT IS, YOU KNOW, YOU'RE TALKING ABOUT, YOU KNOW, A ALMOT 70 SOMEE MILLI DOLLARS ROUGHLY WITHOUT R RAISING A TAX. AND TO PROVIDE WHAT WE'RE DOING TODAY IS THREEUARTERS OF A PERCENT.

YEAH, I'LL SAY IT AGAIN, TEE QUARTER PERCENT AND THE TAXPAYERS ARE GETTING $7070 MILLION WORTH O STUFF THAT THEY NEVER GOTTEN IN THIS CITY. I'VE SVED AS A COUNC MEMBER HERE FROM ZERO 9 T15. I'V'VE NEVER SEEN T THIS BEFORE. SO KUDOS TO YOU ALL THAHANK YOU FOR DOING THIHIS JOB. THANK YOU F FR PRESENNG IT. I WANT TO THANK MY COLLEAGUES AND ALL THE DIRECTORORS FOR STAYING ON TOP F IT. IHINK C COUNCIL MEMR THE FUNDD BALANCE ON THE RESERVE WHEN THE RESERVEVE WAS. AND I'M SURE CITY ATTORNEY COULD ATTTTET TO THIS, ABOUT 20 TO 22% BACK WHEN WEERE INN 2015 AND SO FORTH. T TODAY, WE' ROUGHLYLY ARND 47%. S SOO. AND WE PUT IT BACK ONTO THE 30%HAT WE'RERE LOOKING AT SAYINGG WE NEED TO GO BACK AND GROW THIS TY.

THERE'S NO WAY THE C CITY IS GRGROWING RAPIDLY, MUCH FASTER THAN WE CAN EVEVEN, YOU KW, EVEVERY DAY IS GROWING FASTER. O WE NEED TO PROVIDE SERVICECES. I' GLAD THAT MAYOR PRO TEM TALKED ABOUTAND BANKIKING AND POLILICE STATIONS ANAND FIRE STATIONSND A ALL THE OH, I MEAE, COUNCIL MEMBER RON MARSHALL TALKED ABOUT I I KNO SHE WANANTD TO ME SURE SHE DIDN'T SAY THAT.. RIGHT. BUTUTREDIT. BUT YE, BUT THESE THINGS ARE IMPORTANT ASS WE, THE SEVEN OF US SIT UP HERE A MAKE THESE CISIONS. THESE DECISIONS ARE NOT BEINGG MADEY JUST BY US.

[00:45:01]

YES,ND I COMPLETELY CONCUR WITHTH EVERYTHING T THATOU AND COUNCIL MEMBERR BROWN MARSHALL SAID. AND THANK YOU, CYNYNTHIA.I THK THIS IS YOUR FIRST TIME PRPRESENTING, RIGHT? YES, ITIT S WONDERFUL JOB. THANK Y. AND I DO WANT TO SAY THIS, THAT. THIS PRESENTATION, THERE M MAY BE PEOPLE O OUTHERE CREING A NARRIVE THAT WE ARE NOT TRANSPARENT, THAT THIS BUDGET, THATHERE'S SOMETETHING TO FIND THATE ARE HIDING SOMETHING. AND I HAVE SEEN OVER THE P PAST COUPLE OF WEEKS THAT OUR CITY MANAGER, ALAN BOGART, HE'S AN OPEN B BOOK. IF F YOU HAVE QUESONS, RESIDENTS, IF YOU HAVE QUEIONS ABOUT T THE BUDGET, JUST ASK, JUSUST EMAIL, CALL, A.

BUT WHATAT WE DON'T WANT IS YOU TO CATE A FALSE NARRATIVE OUT THERE OFOMETHING THAT I IS NOT TRUE. OKAY, WE'E'VEAD SOME TRANSISITIONS IN THE DEPARTMENT. YES, AS EVERY MUNIPALITY GOES THUGH. BUT ONE THING IS FOR CERTAIN IS THAT WE ARE TRANSPARENT. T THIS IS YOUR MON.

WE AREAXPAYING CITENS TOO. OKAY? AND SO IF YOUANT TO KNOW THE ANSWER TOTO THE QUESTIONS, JUST ASK. IF YOYOU US. OKAY? WE WANT YOU ALL TOTO KNOW THAT. ANDUR CITYYANAGER ISIS WELCOME TO TAKE A PHONE CAL WITHOU. WE E ARE WELCO TO TAKE A PNE CALL WIT YOU. OUR DEPARTMENT LEARS ARE WELCOCOME TO DO THAT BECAUSE W WE WANT T U TO UNDERSTAND WHERE YR MONEYEY IS GOING AND THAT WE ARE NOT YOUR EYES AND TO HIDE ANYTHING FROM YOU. SO II JUST WANTED TO SAY THAT. THANK YOU. ALL RIGHT. THANK YOU A. SO IS THERE A MOTION TO APT THE FIRST AND FINAL REREADING OF THE ORDINANCE AS CAPTIONONED? OKAY, SO THERE'S BEEN A MOTION B BYOUNCIL M MEMBR BRN. MARSHALL HAS BEEN SECONDED BY COUNCIL MBER THOMON. NO FURTHER DISISCUSSION.

WE'RE GNG TO GO AHEAD AND VOTE. CITITY SECRETARY. DO YOUU WANT TO DO A ROLL CALL? YES, MAYOR. YES. MEMBER. BROWN. MARSHALL.ES. MAYOROR. PRO TEM CLCLOUSER. YES. MEMBER. RILEY.

YES. MEMBER. T THOMPSON. Y. MEMBER. O'DEKIRK. YES. THE MOON CARRIES UNANIMOUSLY. ALL RIGHT.HANK YOUOU. WE HAVE. CYNTHIA. DON'T GO TOO FAR. HOLD ON. S WE HAVE ITEM EIGHT. C IS

[(c) Public Hearing - To receive comments for or against an ad valorem tax ...]

A MOTN. IS THERE A MOTION TO RATIFY THE PROPERTY TAX REVENUE INCREASASE REFLEED IN THE BUDGET FOR THE FISCAL YR BEGINNING OCTOBER 1ST, 26 AND ENDING ON SEPTEMBER 30TH, 2 202? COUNCILMEMBER BROWN MARSHALL, SESECONDED BY MAYOR PRO TEM CLOUSER. SEEEEING NO ONE EE ON THEUEUE, CITY SECRETARY, GO AHEAD AND DO THEOLL CALL. MAYOR. ALLEY CATAT. YES, MA'AM.

MEMBER. BROWN. MARSHALL. YES. MAYOR P TEM CLOUSER YES. MEMBMBER. RILEY. YEYES. MEMBER.

THOMPSON. YES. MEMBER. OEKIRK. S. THE MOTION CARRIES UNANIMOUSL OKAY. ALL RHT.

EIGHT C. TOO RECEIVE COMMENT FOR OR AGAINST AD VALOREM TAX RATEOR THE CITITY OF MISSOUR CITYTY, TEXAS UPON ALL TAXABLE PROPERTIES WITHIN N THE CORPORAE LIMITS OF THE CITIES F THE CITY FOROR THE FISCAL YEAR ENDIG INEPTEMBER 30TH, 2027. WE'LL NOWW CALL THE PUBLIC HEARINGOR ITEM EIGHT. C CITY SECRETARY. DO WE HAVENYONE TO SPEAK ON THAT ITEM? YES, MR. MAYOR, WE DO.HEILA BUTLE SHE'S NOT HERE. MR. MAY, THAT CONCLUDES THERE ARE NO FURTHER COMMENTS, WE'LL NOW G AHEAD AND CLOSE BLIC HEARING.. EIGHT C AND WE'RE GOING TO GO AHEAD AND HAVE C CYNTHIAUSHING TO HAVE THE PRESENTATION. DEPUTY FINANCE DIRECTOR. THANK YOU. SO THIS IS S THE PROPOSED PROPERT TAX RATE F FOR F 26 YEAR TAX YEAR.UT FY 27 FISC YEAR. WE

[00:50:11]

NOTHTHING HAS CHANGED SINCE THE. THE PROPOSESED TAX RATE IS 578363 PER 100. ASSESSED VALUE FOR FY 27 BUDGET. THAT IS OVER THE CURRE TAX RATE OF8 0.57082525. THE NO NEW R REVENUE RATE, WCH IS TYPICICALLY CONSIDIDERED THE FLOOR RATE, IS 0.559 AND THE CEILING OF THEHE VOTER APPROL RATE, THE VAR IS 0.9. THE ACTUAL REVENUE DOLLARS THAT WEE WERE RECEIEIVED AT A 98% COLLECTION WILL BE 5.6 MILLION. OF THAT, 7.8 WILL BE TRANSFEED TO THE TOURS, AND THE REMAINING WILL BE GOING TOO THE DEBT SERVICE FUND OF 16.1 MILLIO AND THAT WILL LEAVE THE 51 MIION GOING TO THE GENERAL FUND FOR M AND O. SO AGAIN, JUST T TO WALK THROROH THE INCREASE, THE INCREASE OF THREE QUARTERS OF $0.01 IS, IS,, IS TO SUPPORT T DEBT SERVICE.

AS YOUOU CAN SEE WE'VE KEPT THE M AND O FLAT, D THE INCREAS IS AGAIN TO SUPPORTHE DEBT SERVICES, THE CAPITAL PROJECTS THAT W HAVAVE IN PLACE AND WITH THE 58 MILLLLION OR 30 MILLION N GEO BONDS FORHE FY 27 CAPITAL PROJECTS THIS SIMPLY JUST TO DESCRIBE OR WALK YOU T THROUH WHAT DOES A $0.01 VALUE MEAN? SO IF INCREASE $0.01 OF THE TAX RATE, IT IS S THE EQUIVALENT OF $1.1 MILLION. THIS IS THE HISTORY OF TH PROPOPOSED TAX RATES. AND ASHE MAYOR HADAD DISCUSSED OR MENTIONED THAT FOR THREE YEARS, IT REMEMAINED FLAT AT 0.5, 0.5 AND THATT WAS FROM 2024, 25 AND 2026. A AND WE'VE INCREASED IT BY 0.007538 FOR FY 27. AGAIN, THE RATE REMAINS FLAT AND T INCREASE ISUE TO IN TO SUPPORT OUR DEBT SERVE. IN SUMRY, THE NO NEW REVENUE RATES 0.559173. THAT IS GENERALLY CONDERED THE FLOOR. OUR PROPOSED TAX RATE ISS 0.578363 PER $100 OF ASSESSED VALUE, AND THEAR. THE VOTE VOTETER APPROVAL RATE IS 0.6193.

AGN, I'LL REITERATE THAT THEHE RATETE STAYS FLAT. THE INCREASE IN THE TAX RATEE FOR INSENT UP BY 0.007538. THAT CONCLUDES M MY PRESENTATITION. THANK YOU. AND I'M HAPPY TOAKE ANY QUESTNS.

ALLL RIGHT. THANK YOU. I DON'T HAVE A ANY QUESTIONSI JUST HAVE JUST A COMMENT TOAYING THATT TH THREE QRTER PERCENT AT .0078758 IS IS REMARKABLE TOTO O WHAT WE'E'RE DOING. AND IID BEFORE, I DIDN'N'T DO THE MATH.I SAID SOMEWHERE AROD SEVEN IT'S 71 1 MILLION. SO 71 MILLION TITLES TOO T 30 MIION ON THE 21 BOND THAT'S LEFT, A THEHEN THE 28 MILLION THAT'S ON THE UTILITIES. THAT'T'S ALS WOULD HAVE BN ASSESSED THROUGH TAXPAYERS. AND THEN,F COURSE, WHAT WE ALREADY COMMITTED IS SPENT. SO WE'RE R ROUGHLY ABO THATAT. SO THANK YOU. AND I WANT TO JUST AL TAKE T THIS OPPORTUNITY TOO THANK EVERYONE PRESENT FOR WORKING O THISHEHE PROJECT AND MAKINGURE T THAT BE ABLE T TO PROVIDE THE CITY COUNCIL WITH A B BALANCED BUDGET AND A THREE QUARTER PERCENT OF INCREASE. WITH THAT, I'LL END MY COMMENTS.HERE I IS NO OTHER ONEE SIGNED UP. SO WE HE A MOTION B COUNCIL MEMBER BROWN. WAIT, WAS THAT IT OR R WE'RE CALLLLING A MOTION CALLING A MOTION CALLING F FOR A MOTIOION. AY, WE HAVE A MOTION BY COUNCIL MEMBER. O'DEKIRK. RIGHT. I KNKNOW WE GOT IT. AND JUST ASA MINDER, THE ADOION OF THE TARATE REQUIRES THREE SEPARATE MOTIONSNS. THE FIRST MOTION ADOPTING THEAINTENANCE

[00:55:05]

AND THE THIRDRD MOTIO WE HAVE SPIFIC LANGUAGE FOR YOU THAT WE CAN WE CACAN REA FOR YOU AT TH TIME FORHE THE APTION. LET ME GO TO THE REMINDER. YEA IT'S MY ULT BECAUSE THIS IS

[(d) Consideration and Possible Action - First and Final Reading - An ordin...]

AUTHORIZING A ADDITITIONAL NALTY FOR THE COLLECTIO OF LIEU OF RECOVERIN ATTORNEY'S FEES AND PROVIDING AN EFFECTIVE DADATE. OKAY, SO LET ME GO WITH THE FIRST MOTOTION. IS TRE A MOTITION TO APPROVE THE RATE OF 0.123334 FOR T THE DEBT COMPOPOT OFHE TAX RATE, AS PRESENTED BY STAFF IN N THE PROPOSEDD BUD? OKAY. I'M SEEING A MION BY COUNCIL MEMBE KIRK SECONDED BY MAYOR PRO T CLOUSER,, SEEIN NO ONE ELSE ON THE QUEUE. WE'RE GOING TO GO AHEADD AND VOTE, B T MAYOR ALLEYCAT.ES. MEMBER.S, SI. BROWN.N. MARSHALL. YES. MAYOR PO TEM C CLOUSER. YES. MEMBER. RIL.

YES. MBER. THOMPN. MEMBER. O'DEKIRK YES. THE MOTION CARRIES UNANIMOUSLY. A ALL RIG.

THE SECOND MOTION, WHICH IS IS THERE A M MOTION TO AROVE THE RA OF 0.4550029 FOR THE MAINTENANCEND ORATIONS COMPMPONENT OF TH TAX RATE, AS PRESENTED BYTAFF I IN THE PROPOS BUDGET M MOTION. CALLING FOR A MOTIONCREEN DOESN'T WO. MARIA, IS THAT ON?LL RIGHT. WHAT HAPPENED? IT JUST DIED. THERE WGO. ALL RIGHT. ALL RIGHT. . SO WE HAVE A MOTITN BY COUNCIL MEMBER O'DEKIRK SECONDED BY COUNCILILMEMBER RIL, SEEING NO ONONE ELSE IN THE Q Q.

T'S GO AHEAD A AND VOTE. MAYOR ALLEYCAT. YES. MEMBER. BROWN. MARSHALL. YES MAYOROR PRO TEM CLOUSER.R. YES. MEMBER. RILEY. YES. MBER. THOMPSOSON. MEMBER. O'DEKI. YES. OKAY, SYOUR MOTIONON IS THER A MOTION TO ADOPT THE FIRST AND FAL REREADING OF THE ORDINANCECE AS CAPTIONED,ROVIDING A TOTALAL TAX RATE OF 0.578363 PER $100 XABLE VALUE AS PRESENTED BY STAFF IN THE PROPOSE BUDGET MOTION. AND I IF I MAY ADD T TO THAT, WHICH IS EFFECTIVE A 3.43 I INCREASE ITHE TAX RATE YOU MAY, IF I MAY, YES. OKAY. CALLING FOR A MION. IS THERE A SECOND? ALL RIGHT. WEAVE A MOTION BCOUNCIL MEMR O'DEKIKIRK, SECONDED BYAYOR P PO TEM CLOUSERER, SEEING ONE ELSE IN THE QUEUE. LET'S GO AHEA AND TE. M MAYOR. YES. MEMBER.

OWN. MARSHALL. YES. MAYOR. PRO T CLOUSERER. YES. MEMBER. YES. MEMEMBER. O'DEKK. YES. THE MOTION CARARRIES UNANIMOUSLY. AL RIGHT. TNK YOU. CYNTH. THTHANK YOU. ITEM NUMBER NINE,

[(a) Consideration and Possible Action - Second and Final Reading - An ordi...]

II MEAN MUSTAFA OR ENJOYS WHICH ONE ARE YOU SPEAKAKING? WHO'S SPEAKING?? ALL RIGHT, M MUSTAFA, GO AHEAD GOOD EVENINGNG, MAYOR COUNCILL MEMBERS. SO THIS IS THE COND READING OF THE ITEM THAT WE H HAD SPOKE A ABOUT EARLIER TODA SO A AGAIN THE CITY IS ENENTERING AN AGREEMENT WITH TOL BROTHERS AND SIERRA MUD FIVE IN REGARDS TOHE MOBILY PROJECTS. S SO T GIVEE A AGAIN,A QUICK HISTORY OF THE SIENNA PROJECTS. IN THE PAST, SIENNA HAS BEENNE OF THE MOST FOCUSED AREA THAT THE CITY HAS LOOKEDNTO AS S FAR AS THE LONONG STANDING C CITY PRIORITY PROJEC.

AND IN THE PAST,T, THERE H BEEN INTERSECTION THAT NENEEDS IMPROVENTS THROUGHOUT THE CORRIDOR. OVER THEE PAST SEVERAL YEARS. AGAIN, W WE SPOKEBOUT IT EARLIER. THERE WERE SEVERAL IMPROVENTS THAT HAPPENED T THAT ADDRESSED SOMEE CHOKI POINTS. AND EARLIER THIS YEAR, WE SAWAW SOME TRAFFFFIC CIRCUTION AND ROADADWAY CAPACITY ISSUES IN THE SIENNA AREA.A. SO THE CITY HERE IN THE NEXT FEW SLIDES W WILL QUICKLY GO OVER THE AGREEMENT TH WE HAVEEVELOPED WITHH THE MUD FIVE AND THE TOLLROTHERS, WHICH IS REAY TO CONTRIBUTEE $10 MILLIO TO WID PORTITION OF

[01:00:05]

THE DEVELOPER TOLL, ASELL AS SIENNA FIVEE AND THE CITY, ARE ALL WORKING TOWDS. AGAIN WE DON'T HAVE A TOTAL SOLUTION AT THIS POINT, BUT CERTAINLY A SOLUTION. A PART OF THE SOSOLUTION TO ADDRESS THEHE TRAC CIRCULATIONSSUES IN THE ENNA AREA. SO WITH THAT, WILL. BOTH MUSTAFA AND I ARE QUESTIONS THAT YOU ALL HE.ONANAL ALL RIGHT. THANK YOYOU.

RECOGNIZG COUNCILMEMBER BROWN MARSHALL. THANK YOU.. MAYOR, JUST BRIRIEFLY, THE I SIENNA MUD NUMBER FIVE. THERE THEY'RE THE ONES TH ARE GOING TO BE OBLIGATETED TOWARDS T THIS. ANDI BELIEVE IN THE EARER PRESENTATATION, WE UNDERSTOOD THAT THEHE CITY OF MISSOURURI CY REAL WOULD NOT HAVE A FINANCIAL OBLBLIGATION. A THATT IF IN THE EVENT THAT TRE WAS A SHORTLL OR SOMETHING OCCURR, THAT THE DEVELOPER WOULD PICK U THAT.T. SO THIS AGREEMENT PROVIDES THAT THE MUD FIVEVE WILL PAY FOR PROJECT COSS UP T TO $10 MILLIONON, UP TO TE, UP TO $10 MILLION.ES, MA'A'AM. SO IF THIS PROJECT EXCEEDS THAT AMOUNT, THE THAT WOWOULD BE SOMETHINING THAT THE CITY WOULD HAVE T TO COME BACKCK AND CONSI. WEVER, THE AGREEMENT DS REQUIRE THE DEVEVELOPER ANDHE DISTSTRICT TO WORK WITH CITY STAFF IN THE PRERATION OF ANS AND SPECIFICATIONS FOR THISROJECT, A AS WELL AS SCHELING. OKAY. AND THAT THAT MAKES SSE. AND SO THE 10 MIION THAT'S EARMARKED, IT'S OF TIME. AND IT KININD OF GOESD BACK TO US HAVING E HLTHY RESERVES. BUT LIKE THE THE APAPPROACH IN WHICH YOU GUYS HAE BEEN ABLE TO WORK WITH TOLLS TO, TOIND A WAY SO THAT WE'RE KIND OF DRIRIVING ALO WITH THEMM ON THIS PROJECT SO THAT WE CAN SEE IF THERE WIL BE ANY SHIFTS OR, OR SHORTFALLS IN THERE.

ES ANYONE KNKNOW THE TOTAL IT'S ALL DONE BACK THERE BYWHEN TOLL BROTHERS,S, HOW MANY ME THOSE WOULDRING IN 3 3000, 3000, 3000. I JUST WANTED TO S THANK YOU TO TOTOLL BROTHERS FOR HANGING IN THE WITH US.S. WE KNOW THAYOU G GUYS BUILD A REALLY BUTIFUL PROJE. YOUR AND ANY, YOUU KNOW, JUST COMING AND B BEING PARTNERS WITH US,S, IT MNS A LOT BECAUSE EVERYBODY KNOWS A ABOUT THE STRESS AND THE TRAFFIC THAHAT'S HAPPING BACK THERE INSIDEF THE SIENNNNA AREA. SO SO THANK YOU. I REALLYPPRECIATE IT.T. SUSURE. THANK YOU. AND I ECHO THAT. I JUST WANT TO RECOGNIZE JIMMY JENKIKINS AND ANNETTE WIT A B. THANK YOUOR WORKING TOGETHER WITH US. WE DO DEFINITELY HE OTHERARTNERS. WE APPRECIATATE EVERYTHIN THAT THEYEY HAVE DONE. ORR CTINUING TO DO EVEN ON OUR STREETS RIGHT THERE. BUT BUT WHAT I APPRECTE THE MOST IS T THE CITYY LEADERSHIPIP TEAM TO SIT W WITHR PARTRS AND, AND OUR, OUR, OUR STAKEHOLDERS ANDND TO BE ABLE TO WORK TOGETHER TO COME TO SOME TYPE O OF CONCLION, ULTIMATELY HELPING THE CITIZENS OF MISSOURI CIT THAT'S WHAT THIS ISLL ABOUT. SI WANT TO SAY THANK K YOU ALL. ALRIGHT SO CALLINGOR MOTION. ALL RIG. WE HAVE A MOTION BY COUNCIL

[01:05:07]

[(b) Consideration and Possible Action - Second and Final Reading - An ordi...]

AND THISS THE SOND READING OF THEHE ORDINANCE. EXCELLENT LIKE THAT. ALL RHT. VERY G GOOD.

ANY QUESTIONS? I DON'T KNOWF YOU KNKNEW THAT THEY WERE ALL TIMINGOU. OH, IOT IT.T. ALL GHT. A ALL RIGHT. CALLING FOR A MOTION. OKAY. WE HAVE A MOTION SECONDED BY COUNCILMEMB RILEY.ND IT'SEALLY COMING ON THATIDE TODAY. ALL THE MOTIONS I SEE THERE. ALL RIGHT, LET'S'S GO AHEAD AND VOTE. WAIT. WHAT HAPPENED WHEHERE'D IT ? ROLL CALL. LET'S ROLL CALL. COME ON.

YOR. YES. MEMBER. BRO. MARSHALL. YES. MAYOR. P PRO TEM CLOUSER. YES. MEMR. RILEY.

YES. MEMBER. THOMPSON. MEMR. O'DERK. YES. THE MOTION CARRIES UNANIMOUSLY. ALRLRIGHT.

[(a) Consideration and Possible Action - A resolution adopting the Investme...]

[01:10:03]

CORRECT. OKAY. ALL RIGHTHT. AND L OF THIS S IS POSTED ON OUR WEBSITE, RIGIGHT. O SOCIAIAL DIA AND OUR WEBSITE. RIGHT. OKAY. ALL RIGHT. PFECT. THERERE'S NO ITEM 11 IS WITH NO FURTHER BUSUSINESS AND HEANG NO JECTION. THIS MEETING IS AD

* This transcript was compiled from uncorrected Closed Captioning.