Link


Social

Embed


Download

Download
Download Transcript


COMFORTABLE, TAKE YOUR JACKETS

[00:00:01]

OFF AND I'LL REMIND EVERYBODY THAT

[I. CALL TO ORDER]

THE RULES OF WATER ARE RELAXED.

UH, YOU CAN SPEAK WHEN YOU'RE READY, EXCEPT PLEASE ALLOW WHOEVER HAS THE FLOOR, ALLOW THEM TO YIELD THE FLOOR BEFORE YOU JUMP IN.

HAVING SAID THAT, MR. GRUBER, TAKE IT AWAY.

THANK YOU, MAYOR.

UM, TO SET A LITTLE BIT OF BACKGROUND FOR THIS MEETING, AS MANY OF YOU ARE AWARE, THE CITY HAS A NUMBER OF PLANNED DEVELOPMENT DISTRICTS.

A LOT OF THOSE PLANNED DEVELOPMENT DISTRICTS HAVE A CORRESPONDING DEVELOPMENT AGREEMENT.

AND WITHIN MANY OF THOSE DEVELOPMENT AGREEMENTS AS A PROVISION THAT ALLOWS FOR THE DEVELOPER TO MAKE AN APPLICATION TO THE CITY, TO UTILIZE THE CITY AS A PASS THROUGH ENTITY IN THE CREATION OF A MUNICIPAL IMPROVEMENT DISTRICT TO HELP FINANCE THE INFRASTRUCTURE THAT GOES INTO THESE COMMUNITIES.

AND AS PART OF THAT EXERCISE, WE THOUGHT IT WOULD BE IMPORTANT NOT ONLY TO HELP EDUCATE, UH, YOU ALL ON COUNCIL AS TO WHAT A MUNICIPAL IMPROVEMENT DISTRICT IS AND HOW IT FUNCTIONS, BUT ALSO TO EDUCATE THE PUBLIC.

THIS IS NOT SOMETHING THAT'S, UM, NECESSARILY A COMMON THING, ALTHOUGH IT IS CERTAINLY USED BY MANY OTHER COMMUNITIES AROUND THE STATE.

[II. MANAGER’S REPORT]

IT'S NOT SOMETHING THAT GETS A LOT OF PRESS OR ATTENTION.

SO THERE'S FOLKS OUT THERE THAT PROBABLY DON'T KNOW WHAT A MUNICIPAL IMPROVEMENT DISTRICT IS AND HOW IT FUNCTIONS.

SO WE THOUGHT THIS WORKSHOP WOULD BE A GREAT OPPORTUNITY TO FOCUS ON, UM, THE EDUCATIONAL ASPECT OF WHAT IS AMID, HOW DOES IT WORK, HOW IS THE CITY INVOLVED WITH IT, WHAT ARE THE IMPACTS, UM, THROUGH OUR INVOLVEMENT IN A MUNICIPAL IMPROVEMENT DISTRICT.

AND THEN WE'LL TRANSITION FROM IT GENERALLY TO A DISCUSSION ABOUT THE SPECIFIC REQUEST FROM THE HILTON HEAD LAKES WEST GROUP TO PURSUE A MUNICIPAL IMPROVEMENT DISTRICT FOR THEIR COMMUNITY.

UM, I CAN TELL YOU THAT THIS CONVERSATION IS VERY TIMELY.

UM, WHILE WE'VE RECEIVED THE ONE REQUEST AND WE HAVE AN EXISTING MUNICIPAL IMPROVEMENT DISTRICT IN PLACE FOR THE EAST A DEVELOPMENT, WE ARE STARTING TO HEAR FROM A NUMBER OF THE OTHER DEVELOPERS THAT ARE OUT THERE WHO HAVE THEIR OWN DEVELOPMENT AGREEMENTS ASKING IS NOW THE RIGHT TIME TO START HAVING THESE DISCUSSIONS? SO, UM, IT'S REALLY GOOD IN TERMS OF TIMING BECAUSE THIS ISSUE'S PROBABLY GOING TO COME UP MORE AND MORE FREQUENTLY AS WE MOVE FORWARD.

SO, UM, WE'VE TALKED WITH THE TEAM.

WE'VE GOT A NUMBER OF EXPERTS HERE TODAY TO HELP US WORK THROUGH THIS ISSUE.

AND SO, UM, WE'VE PUT TOGETHER KIND OF AN OUTLINE IN A PRESENTATION, AND I'M GONNA TURN IT OVER TO THEM TO START GOING THROUGH THE OUTLINE IN THE PRESENTATION.

[A. MUNICIPAL IMPROVEMENT DISTRICT (MID)-HILTON HEAD LAKES WEST]

THAT'S, YEP.

ALL MR. MAYOR, MEMBERS OF COUNCIL, UH, MY NAME IS SAM HOWELL, FIRM OF HOWELL LINKON LAW FIRM OF HOWELL LINKON NES IN CHARLESTON.

UM, UH, MY COLLEAGUE ALAN LINK IS HERE WITH ME.

UM, AND WE SERVE AS BOND COUNCIL TO THE CITY OF HARDY.

AND, UM, I DO WANT TO STRESS THAT YOU ARE OUR CLIENT, NOT THE DEVELOPER.

SO, UM, UH, JUST BEAR THAT IN MIND.

I WANT YOU TO UNDERSTAND THERE ARE OTHERS HERE WHO REP, WHO ARE REPRESENTATIVE OF THE DEVELOPER TEAM, WHICH IS PERFECTLY FINE, BUT YOU, WE ARE ON, WE REPRESENT YOU.

SO IT'S ULTIMATELY THE, THE INTEREST AND THE DESIRES OF THE CITY THROUGH ACTING THROUGH THE MAYOR AND CITY COUNCIL THAT WE TAKE OUR DIRECTIONS AND, AND, AND LOYALTIES.

UM, AS THE MAYOR SAID, THERE HAVE BEEN, EXCUSE ME, AS AS MANAGER SAID, WE HAVE, UM, THE CITY HAS, UM, SEVERAL, SEVERAL MUNICIPAL IMPROVEMENT DISTRICTS THAT ARE IN EXISTENCE NOW.

AND THERE ARE MORE THAT ARE APPARENTLY AT LEAST CONSIDERING COMING TO CITY COUNCIL TO REQUEST SIMILAR, UM, UH, TREATMENT.

AND, AND AS THE CITY MANAGER SAID IT WAS, IT IS BASICALLY A WAY TO PAY FOR, UM, COST OF A LOT OF INFRASTRUCTURE, UH, PRIMARILY ROADS AND UTILITIES.

THIS, THIS IMPROVEMENT DISTRICT FOR HILTON HEAD LAKES WEST DEVELOPER.

UM, I'LL GO AHEAD AND HOW, HOW DO WE MAKE THIS THING FLIP OVER? I'M SURE I'M SUPPOSED TO BE DOING SOMETHING, BUT I'M NOT SURE WHY.

I'LL DRIVE IF YOU'D LIKE, IF THAT HELPS THING OR SOMETHING.

THIS ONE HERE, IT SHOULD BE ON THE, THIS ONE HERE, JUST DOWN ON IT.

TOO MANY OPTIONS.

OH, OKAY.

I'LL DO IT.

BIG BUTTON, BUT WHICH ONE IS DOWN? , THE BIG BUTTON SHOULDN'T.

BIG BUTTON.

YEP.

OKAY.

THERE WE GO.

THAT'S THERE.

WE, SIMPLE ENOUGH.

THIS ONE.

OH, LEFT.

OH, THIS ONE.

OH, OKAY.

OKAY.

THERE WE GO.

GOOD.

ALRIGHT.

MY LIVING ROOM.

YEAH.

WHICH ONE TO PICK UP.

YEAH.

WIFE HAS TOO MANY OF THESE THINGS IN FRONT OF ME IN THE LIVING ROOM.

UM, OKAY.

SO, UM, WE'RE GONNA TALK, UM, THE LAW ON THE LAWYER SIDE.

WE'RE GONNA TALK ABOUT, UH, THREE SUBJECTS, THE, UM, IMPROVEMENT DISTRICT AND, UH, THE, UH, LEGISLATIVE PROCESS THAT, THAT, UH, IS USED TO FORM THEM

[00:05:01]

A LITTLE BIT ABOUT IMPROVEMENT DISTRICTS IN SOUTH CAROLINA.

AND THEN THE, UM, MUNICIPAL IMPROVEMENT DISTRICT PROTECTIONS THAT ARE PROVIDED UNDER STATE LAW FOR THE CITY.

SO I'M IN CHARGE OF THIS, HUH? .

OKAY.

UM, SO THE LEGISLATIVE APPROVAL PROCESS, THE, THE, THE PROCESS THAT THAT CITY COUNCIL WILL GO THROUGH, UH, IN THE CONSIDERATION OF, AND ULTIMATELY IF IT APPROVES A MUNICIPAL IMPROVE PROVEN DISTRICT, IS PRETTY EXTENSIVE.

UM, IT, IT ENTAILS A NUMBER OF RESOLUTIONS, ORDINANCES, PUBLIC HEARINGS, IN ADDITION TO WHAT I'LL CALL YOUR NORMAL WAY OF DEALING WITH RESOLUTIONS AND ORDINANCES.

AND I, AND THAT'S THERE BECAUSE, UM, ULTIMATELY, UH, MUNICIPAL IMPROVEMENT DISTRICT RESULTS IN A LIEN, IN A LIEN IN ADDITION TO THE NORMAL PROPERTY TAXES BEING PUT ON REAL PROPERTY IN THAT DISTRICT TO PAY FOR, UH, INFRASTRUCTURE IMPROVEMENTS IN THAT DISTRICT.

AND SO, LEGISLATURE WANTED TO HAVE A PROCESS THAT, YOU KNOW, YOU'D HAVE TO BE, YOU KNOW, REALLY ASLEEP AT THE SWITCH NOT TO, DURING THE COURSE OF THE SEVERAL MONTHS THAT IT TAKES TO PUT THE LEGAL PRO LEGAL APPROVALS IN PLACE, UH, FOR SOMEONE WHO'S IN THE PUBLIC TO NOT REALIZE WHAT'S GOING ON, AND IF THEY HAVE SOME QUESTIONS OR CONCERNS, AN OPPORTUNITY TO COME BEFORE CITY COUNCIL AND, AND AIR THOSE, OR ASK THOSE.

UM, SO THE, THE, THE PROCESS IS DESIGNED TO, TO BRING ABOUT A NUMBER OF THINGS TO PUBLIC ATTENTION AND OBVIOUSLY TO COUNCIL'S ATTENTION.

UM, THERE'S AN, THERE'S AN INITIAL RESOLUTION THAT CITY COUNCIL WILL CONSIDER, WHICH WILL BRIEFLY DESCRIBE THE PROPOSED, UH, HILTON HEAD LAKES MUNICIPAL IMPROVEMENT DISTRICT.

IT'LL, IT'LL AUTHORIZE A PUBLIC HEARING REGARDING THE IMPROVEMENT PLAN.

THE IMPROVEMENT PLAN IS THE WRITTEN PLAN IN WHICH, UM, UH, UH, ASSESSMENTS WILL BE LEVIED AGAINST THE REAL PROPERTY TO FUND SPECIFIC INFRASTRUCTURE IMPROVEMENTS WITHIN THE DISTRICT.

UM, IT'LL DESCRIBE THOSE IMPROVEMENTS AND THEIR ANTICIPATED COST.

IT DESCRIBES THE ASSESSMENTS THAT ARE ANTICIPATED TO BE LEVIED TO, UH, REPAY THE BONDS AND THE AMOUNT OF BONDS TO BE REQUESTED TO BE ISSUED TO FUND THE, THE PLAN OF IMPROVEMENT.

AND IT EVEN REQUIRES, UM, THAT THE ENTIRE RESOLUTION BE PUBLISHED IN THE LOCAL NEWSPAPER, SO THAT IT'S NOT JUST A NOTICE OF A PUBLIC HEARING.

IT'S THE ENTIRE RESOLUTION WITH THIS DETAILS PUBLISHED IN THE PAPER.

SO THE PUBLIC REALLY HAS AN OPPORTUNITY TO, TO GET INTO IT AS MUCH AS THEY WANT.

OF COURSE.

INTERRUPT ME WITH QUESTIONS OR CONCERNS AT ANY TIME.

PLEASE.

UM, AFTER THAT INITIAL RESOLUTION AND PUBLIC HEARING, UM, ASSUMING THAT COUNSEL CONTINUES TO PROCEED WITH THE PROCESS, THERE IS THE ENACTMENT OF AN ORDINANCE, UM, BY COUNSEL THAT ACTUALLY CREATES THE, THE MUNICIPAL IMPROVEMENT DISTRICT.

AND THERE'S AN ORDINANCE THAT AUTHORIZES THE APPROVING AND LEVYING LEVYING OF ASSESSMENTS ON THAT PROPERTY.

IT, UM, IT IDENTIFIES A REPORT ON THE REASONABLE BASIS OF THE SPECIAL ASSESSMENTS.

AND, UM, THAT REPORT IS DESIGNED TO DO JUST WHAT IT'S ENTITLED.

IT'S, IT'S DESIGNED TO, TO PROVIDE JUSTIFICATION THAT THE AMOUNT OF THE ASSESSMENTS ARE REASONABLE IN TERMS OF THE VALUE, THE BENEFIT THAT THE PROPERTIES THAT ARE PAYING IT GET FROM THESE IMPROVEMENTS.

AND THAT THEY'RE ALSO TIED DIRECTLY TO WHAT, YOU KNOW, WHAT THE COST OF THOSE IMPROVEMENTS ARE.

UM, UH, TYPICALLY, UM, AND IN THIS ONE, IT'S, IT'S AS TYPICAL, UM, IT'S EXPECTED THAT, UH, MOST OF THE COSTS WILL BE PAID FROM BONDS TO BE ISSUED.

AND SO THE ASSESSMENTS WILL INDIRECTLY PAY FOR THE, THE IMPROVEMENTS BY PAYING THE BONDS THAT ACTUALLY PAY THE COST OF THE IMPROVEMENTS.

UM, THE, THE BOND ORDINANCE WILL ALSO PROVIDE MECHANICS OF THE FINANCING, INCLUDING A MASTER TRUST INDENTURE, UNDER WHICH THE BONDS ARE ISSUED.

A FIRST SUPPLEMENTAL TRUST INDENTURE, WHICH IS, HAS THE SPECIFIC TERMS OF THE BONDS FOR THIS TRANSACTION.

AND THEN THERE ARE VARIOUS OTHER AGREEMENTS, UM, INVOLVING THE ADMINISTRATION, THE APPLICATION OF THE ASSESSMENTS WITH, FOR EXAMPLE, THE COUNTY AUDITOR AND TREASURER'S OFFICE WHO HAVE TO COLLECT THE ASSESSMENTS ON THE PROPERTY TAX BILL.

AND THEN THE, THE MECHANICS OF GETTING THOSE ASSESSMENTS FROM THE COUNTY TREASURER OVER TO THE CITY TO BE USED TO REPAY THE BONDS.

DURING THIS PROCESS, THERE ARE FURTHER PUBLIC HEARINGS THAT TAKE PLACE, UM, AS WELL.

SO THERE'S

[00:10:01]

FURTHER OPPORTUNITY FOR THE, UH, THE PUBLIC TO COME FORWARD AND, AND, UM, ASK QUESTIONS AND SPEAK THEIR CONCERNS.

AS WAS, AS WE MENTIONED BRIEFLY, THERE ARE OTHER, UM, MUNICIPALITIES, BOTH CITIES AND COUNTIES, UM, IN SOUTH CAROLINA THAT HAVE USED THIS STATUTE TO FINANCE, UH, PUBLIC INFRASTRUCTURE HERE.

JUST A LIST OF A FEW OF THEM.

AND AS MENTIONED, THE, THE CITY ITSELF HAS HAD, UH, EXPERIENCE WITH THE, UM, WITH, UH, ASSESSMENTS AND, UH, IMPROVEMENT DISTRICT FINANCING THE STATE LAW, AND CONSEQUENTLY THE RESOLUTIONS AND ORDINANCES THAT WILL BE BROUGHT TO CITY COUNCIL PROVIDE A NUMBER OF PROTECTIONS FOR THE CITY AND, UH, ITS, UM, CITIZENS AND PROPERTY OWNERS.

UM, BASICALLY THE IDEA BEHIND THE MUNICIPAL IMPROVEMENT DISTRICT AMID IS THAT IT'S A WAY TO PAY FOR LONG-TERM INFRASTRUCTURE, UM, UM, OVER A PERIOD OF TIME IN A WAY THAT IT PAYS FOR ITSELF, UH, SO THAT THE, SO THAT THE CITIES TAXPAYERS HAVE NO RESPONSIBILITY TO PAY FOR THOSE PUBLIC IMPROVEMENTS.

IT, THEY ARE DESIGNED TO BE SOLELY PAID FROM THE ASSESSMENTS, UM, THAT ARE LEVIED WITHIN THE MUNICIPAL IMPROVEMENT DISTRICT.

UM, THEY ARE SET AT A LEVEL THAT'S INTENDED TO FULLY AMORTIZE ALL BONDS THAT ARE ISSUED, JUST LIKE ANY OTHER LOAN, PAY IT THROUGH MATURITY.

THE ASSESSMENTS ARE COLLECTED ANNUALLY THROUGH THE NORMAL PROPERTY TAX COLLECTION PROCESS THAT I JUST MENTIONED.

UM, UM, UNLIKE PROPERTY TAXES, ASSESSMENTS CAN BE PREPAID.

SO IF A PROPERTY OWNER, UM, WANTS TO PREPAY ALL A PART OF AN ASSESSMENT, THAT CAN BE DONE AS WELL.

UM, OTHERWISE THEY'RE LEVERAGED ANNUALLY.

THE DEVELOPER MUST FUND AND CONSTRUCT THE PROJECT USING ITS OWN FUNDS BEFORE IT CAN BE REIMBURSED FROM THE BOND PROCEEDS THAT ARE PAID BY THE ASSESSMENTS SO THAT, UM, THE, THE CITY ISN'T RUNNING THE RISK BY ISSUING THE, THE ASSESSMENT BONDS RUNNING, THE RISK THAT THE COST OVERRUNS OR COST INCREASES OR WHATEVER.

UM, THAT'S THE, THAT'S THE DEVELOPER'S RESPONSIBILITY.

AND ONLY WHEN THE, THE, A COMPONENT OF THE PROJECT IS COMPLETE, SUCH THAT IT CAN BE CONVEYED TO THE PROPER PUBLIC BODY THAT WILL OWN IT AND MAINTAIN IT AND OPERATE IT, DOES THE DEVELOPER GET REIMBURSED FROM BOND PROCEEDS TO, UM, TO, TO PAY IT BACK FOR, YOU KNOW, FUNDING THE COST OF THAT, THAT PORTION OF THE PUBLIC IMPROVEMENTS.

UM, AND AS I SAID, ONCE THEY'RE, ONCE THEY'RE COMPLETED AND ACCEPTED, THEY COULD BE REIMBURSED.

UM, THE IMPORTANT PART OF THE, OF THE STATUTE IS THAT OWNER-OCCUPIED RESIDENTIAL PROPERTY CANNOT BE, BE INCLUDED IN THE MID WITHOUT THE WRITTEN CONSENT OF THE PROPERTY OWNER.

SO AT THIS POINT IN TIME WHEN, WHEN THE DEVELOPERS COMING TO YOU, THEY ARE THE ONLY PROPERTY OWNERS.

SO THERE ARE NO, THERE ARE NO INDIVIDUAL OWNERS OF THE PROPERTY.

THERE ARE NO PEOPLE WHO HAVE BOUGHT LOTS ALREADY FROM THE, UH, DEVELOPER, UM, OR, OR MORE, MORE IMPORTANT THAN BOUGHT LOTS AND BUILT HOMES.

UM, SO THEY, UM, THERE ARE NO PROPERTY, NO, NO HOMEOWNERS IN THAT, OR POTENTIAL HOMEOWNERS THAT ARE INVOLVED IN, IN THE PROPERTY OWNERSHIP AT THIS TIME.

UH, SO THEY, ANYBODY WHO DOES BUY PROPERTY, AND WE'LL HEAR A LITTLE BIT MORE ABOUT IT, BUT, UM, FROM, FROM OTHER SPEAKERS.

BUT ANYONE WHO DOES BUY PROPERTY IN THE MUNICIPAL IMPROVEMENT DISTRICT WILL BE FULLY APPRISED OF, OF THAT.

THERE ARE ASSESSMENTS IMPOSED ON THAT PROPERTY, THE AMOUNT OF THOSE ASSESSMENTS, THE DURATION OF THOSE ASSESSMENTS, AND ALL THE TERMS, INCLUDING THE ABILITY TO PREPAY THEM IF THEY SO DESIRE.

UM, I THINK THAT TAKES US THROUGH THE, THE, THE INITIAL LEGAL ANALYSIS.

BUT I'LL BE GLAD TO EITHER ANSWER QUESTIONS, TRY TO ANSWER QUESTIONS NOW, OR, UM, OR, YOU KNOW, ANY TIME DURING THE PRESENTATION.

ALRIGHT, THANK, OKAY, SAM, MAYOR, CITY COUNCIL MEMBERS.

BRIAN, KAREN REPRESENT DEVELOPER.

UM, LET'S SEE IF I CAN FIND THIS.

IT'S THAT ONE.

THIS ONE.

IT JUST WORKED.

YEAH.

.

I WAS LIKE, OKAY, .

ALL RIGHT, LET'S GET TO HEAR.

ALL RIGHT.

THE PROPER WE'RE TALKING ABOUT IS HILTON

[00:15:01]

HEAD LAKES WEST, UM, HILTON HEAD LAKES EAST OR EXISTING IS A MASTER PLAN COMMUNITY UNDER A PDD THAT WAS CREATED IN 2006.

WE HAVE A REVISION AS YOU GUYS HELPED WITH OR REVIEWED, UH, EARLIER THIS YEAR.

UM, WE PURCHASED ABOUT THAT WEST SECTION, ROUGHLY AROUND 3,400 ACRES, UH, IN DECEMBER OF 2021.

UM, THE LOCATION, AS YOU KNOW, IS, IS PRIME.

IT'S RIGHT ACROSS MENTOS.

UM, WE ANTICIPATE ROUGHLY 4,000 RESIDENTIAL UNITS IN THE SECTION THAT WE PURCHASED.

THIS IS THE, THE EXISTING AMENITY AS A GOLF COURSE.

UH, WE, THERE'S A GOLF COURSE.

CURRENTLY OUR PLAN IS TO ADD ANOTHER GOLF COURSE ON THE NORTHWEST SECTION.

UH, WE ARE, UM, GOING TO ADD SOME CLUBHOUSES, SOME POOL, FITNESS, UH, AMENITIES FOR THE RESIDENTS AS THEY COME TO REALLY ENJOY THEIR LIFE THERE.

UM, WE HAVE PATHS THAT ARE GONNA GO THROUGH THROUGHOUT.

WE HAVE A, A, A MULTI-USE PATH THAT GOES ALONG THE MAIN ROAD WHERE RUNNERS AND GOLF CARTS HOPEFULLY DON'T RUN OVER THE PEOPLE, BUT THEY, UH, THEY'LL BE ABLE TO GO UP AND DOWN.

THIS IS THE ENTRANCE PONDS.

WE'RE ADDING MORE PONDS, MORE, UM, JUST OPPORTUNITIES FOR FAMILIES AND MEMBERS OF THE COMMUNITY TO, TO ENGAGE IN NATURE.

UM, THERE IS A CURRENT BOAT AND RV STORAGE.

UH, WHEN YOU FIRST PULL IN, UH, WE MAY CONSIDER A SECOND ONE.

UM, WHEN WE TOOK OVER THE PROPERTY, IT HAD BEEN SITTING DORMANT FOR A WHILE.

UM, THAT FIRST TOP RIGHT IS WHAT THE EXISTING MONUMENT LOOK LIKE.

UH, THE ONE ON THE BOTTOM RIGHT IS WHAT WE HAVE DONE.

WE REALLY HAVE, WE, WE LIKE THIS COMMUNITY, THE LOCATION, AND REALLY NEEDED A FACELIFT.

SO WE'VE STEPPED IN AND, UM, REALLY DONE SOME IMPROVEMENTS.

UH, CUT THE GRASS, YOU KNOW, CUT, JUST STUFF LIKE THAT.

UM, WE WILL BE DEVELOPING PHASES, SOME OF THE LOTS OURSELVES.

UM, WE ANTICIPATE NAR HAS GOT THE FIRST PHASE IN POD EYE IN THE NEW SECTION.

THEY HAVE STARTED TO DEVELOP LOTS NOW ANTICIPATE THEIR FIRST HOMES COMING ON, UH, 2027.

AT 2028.

UH, WE WILL, WE WILL START DEVELOPING H ONE, H TWO AND POD G UH, POD G IS GONNA BE AN RH TARGETED COMMUNITY.

UM, AND WE'VE ALREADY DONE INFRASTRUCTURE AND I THINK IT'S TO, YOU KNOW, I FEEL LIKE I TALK ABOUT IT ALL THE TIME.

SO IT'S LIKE .

GOOD AFTERNOON.

UH, NATHAN LONG, UH, WITH THOMAS AND HUTTON.

UM, I THINK EVERYONE'S FAIRLY FAMILIAR WITH THE AREA WE'RE TALKING ABOUT, YOU SEE THERE IN YELLOW.

UH, JUST WANTED TO TAKE A MOMENT TO GO OVER SOME OF THE ENGINEERING IMPROVEMENTS IN INFRASTRUCTURE THAT WILL BE IN PLACE AS PART OF THIS.

SO IT'S BROKEN INTO TWO SECTIONS.

WE HAVE A MAIN ROAD SOUTH, WHICH IS GONNA BE BASICALLY FROM THIS WETLAND CROSSING ALL THE WAY DOWN OUT TO RED DAM ROAD.

UH, SO THAT INCLUDES A LITTLE OVER THREE MILES OF TOTAL ROADWAY.

UH, AS YOU KNOW, THE SECTION THROUGH HERE AND ALL THE WAY UP IS GONNA BE A FOUR-LANE DIVIDED BOULEVARD SECTION, SIMILAR TO WHAT YOU SEE ON LAKESIDE BOULEVARD.

NOW THERE IS ONE SMALL TWO LANE SECTION HERE AS IT COMES TO THE ROUNDABOUT ON RED DAM ROAD.

AND JUST TO LET THE COUNCIL KNOW, WE ARE STARTING TO WORK ON THOSE IMPROVEMENTS FOR RED DAM ROAD AS WELL.

WE'RE SCHEDULING THE SURVEY NOW, AS WE DISCUSSED IN THE COUNCIL MEETINGS, UM, AS WE GO NORTH, UH, THERE'S A LITTLE LESS HOMES HERE.

SO THIS IS MORE OF A TWO LANE SECTION.

AFTER YOU CROSS THE BRIDGE HERE ON THE SOUTHERN SECTION, WE HAVE A REGIONAL PUMP STATION RIGHT HERE.

IT'S A 2000 GPM STATION THAT'S VERY LARGE.

IT'S GOT 2 85 HORSEPOWER PUMPS AND IT'S GOT A 16 INCH HORSE MAIN THAT COMES BACK OUT THIS WAY.

UH, THERE'S ALSO A 16 INCH WATER MAIN AS PART OF THAT.

AS YOU GET UP HERE TO THE NORTH, THERE WILL ALSO BE ANOTHER REGIONAL PUMP STATION, UH, WILL BE A LITTLE BIT SMALLER THAN THE LARGER ONE 'CAUSE IT OBVIOUSLY HAS LESS HOMES UP HERE.

AND THIS ONE HAS TO TAKE INTO ACCOUNT ALL OF THESE HOMES.

SO THIS ONE'S GONNA FORCE MAIN DOWN TO THIS ONE, AND THEN IT GOES TO THE WASTEWATER TREATMENT PLANT.

UH, BOTH OF THESE ROADS WILL HAVE THE 10 FOOT MULTI-USE PATH THAT YOU SEE ON LAKESIDE BOULEVARD NOW.

AND SO UPON COMPLETION OF ALL OF THIS, THERE WOULD BE OVER SEVEN MILES OF TRAIL ONE WAY.

UM, SO I THOUGHT THAT WAS PRETTY INTERESTING TO SEE THAT, YOU KNOW, THAT

[00:20:01]

SOUNDS LIKE PLENTY OF RUNNING FOR PEOPLE A LOT FURTHER THAN I CAN RUN.

ANYWAY.

UM, CONSTRUCTION SCHEDULE, UH, RIGHT NOW WE'RE UNDER CONSTRUCTION WITH ALL OF THIS HERE UP TO THE REGIONAL PUMP STATION.

UH, THAT SHOULD BE COMPLETE LATE THIS CALENDAR YEAR IN 2025.

UH, THEN IN 2026 THEY PLAN TO START THIS NEXT SECTION HERE AND COME UP TO THE BRIDGE CROSSING.

AND IT'S PROBABLY 2027, UH, MAYBE FIRST QUARTER 2028 FOR BUILDING THE, THE NORTHERN PORTION UP HERE.

UH, POD I, THIS IS ALSO UNDER CONSTRUCTION ALREADY.

YOU'VE PROBABLY SEEN SOME OF THE CLEARING THERE.

SO THIS PORTION IS ALSO UNDER CONSTRUCTION.

THE, THAT WOULD PROBABLY BE COMPLETE, UH, MID NEXT YEAR AND WE'LL MOVE ALONG.

ALRIGHT, WHICH ONE OF THESE DEVICES AM I SUPPOSED TO USE? EVERYONE GETS UP , JUST THE MIDDLE BUTTON CHANGES THE SLIDES, AND THEN THE GREEN BUTTON.

I DON'T NEED A GREEN BUTTON.

ALL RIGHT.

THANK YOU .

GOOD AFTERNOON EVERYONE.

MY NAME IS PAM HOLTON.

UM, I'M A MANAGING DIRECTOR WITH STIFEL PUBLIC FINANCE.

UM, WE ARE AN INVESTMENT BANKING FIRM, UM, NATIONALLY, GLOBALLY.

I FOCUS SPECIFICALLY ON DEVELOPMENT DISTRICT, UM, FINANCINGS UP AND DOWN THE EAST COAST.

UM, I ALSO WORK A LITTLE BIT FURTHER WEST, BUT I'VE ACTUALLY DONE, UM, THE CITY'S, UM, TO MID DEALS FOR ANDERSON TRACK AS WELL AS FOR EAST ARGENT.

SO HAPPY TO BE WORKING ON THIS WITH CULTURE FOR THIS PARTICULAR TRANSACTION.

UM, A LOT OF THE, WHAT I'M GONNA TALK ABOUT MOSTLY IS ABOUT CONCERNS THAT ISSUERS HAVE IN TERMS OF THE AMOUNT OF BONDS THAT ARE ALLOWED TO BE ISSUED, AS WELL AS WHETHER THERE'S ANY, UM, RECOURSE TO THE ISSUERS IN TERMS OF THEIR REPAYMENT OF THE BONDS.

SO WE SIZE OUR BOND ISSUES BASED ON THE AMOUNT OF ASSESSMENTS THAT CAN BE PASSED ON TO END USERS.

AND THIS CASE, THE REVENUE STREAM, IS GOING TO BE DERIVED BY THE $600 PER UNIT THAT THE DEVELOPER IS PLANNING TO PASS ON TO THE END USER.

WE WILL NOT ISSUE A BONDS IN ANY AMOUNT OVER AND ABOVE THAT, EXCUSE ME.

IN ADDITION, IF THE IMPROVEMENTS THAT THEY WANNA FINANCE THROUGH THIS, IT'S LESS THAN THE AMOUNT THAT THE, THE PAR AMOUNT CAN FINANCE.

WE WON'T ISSUE OVER AND ABOVE THAT BECAUSE BOND HOLDERS WANNA MAKE SURE THAT THE IMPROVEMENTS THAT ARE GOING TO BE FINANCED IS, IS JUST THAT WE, WE ARE NOT GONNA GO OVER AND ABOVE THAT.

SO THAT'S WHAT WE USUALLY USE AS A RESTRAINING FACTOR.

THE $600, UM, PER UNIT PER YEAR.

AND THE NUMBER OF UNITS THAT ARE GOING TO BE FINANCED, I MEAN, THAT ARE GOING TO, UM, BE ASSESSED, THE $600 IN ADDITION, I THINK ONE IMPORTANT FACTOR HERE IS A LOT OF ISSUERS ARE CONCERNED ABOUT WHETHER THEY HAVE ANY RECOURSE OR ANY REPAYMENT OBLIGATIONS TO THESE BONDS.

AND THEY DO NOT.

AND IT'S VERY CLEARLY STATED IN THE OFFERING DOCUMENT IN, IN BOLD LETTERS THAT THE CITY IS NOT OBLIGATED.

SO WE MAKE VERY CLEAR IN OUR, UM, OFFERING DOCUMENT IN OUR TRUST INDENTURE THAT, UM, BOND COUNCIL WILL PREPARE THAT THE OBLIGATION IS STRICTLY SET WITH THE SECURITY FROM THE ASSESSMENTS.

AND THAT'S IT.

SO THE CITY IS NOT ON THE HOOK.

AND I THINK A VERY GOOD EXAMPLE, UM, THAT I I REALLY LIKE TO POINT OUT IS THAT WHEN THE MARKET TURNED DOWN IN 2008 AND OH NINE, THERE WERE ACTUALLY A COUPLE OF DEALS HERE IN SOUTH CAROLINA THAT DID HAVE SOME ISSUES.

AND NONE, NONE OF THOSE CITIES OR COUNTIES WERE ON THE HOOK TO REPAY ANY OF THOSE OBLIGATIONS.

SO THAT'S KIND OF MY BIGGEST, UM, EXAMPLE IN, UH, JUST HISTORICALLY WHERE IN OUR BIGGEST DOWNTURN, WE DIDN'T HAVE ANY ISSUERS WHO, WHEN WE ARE THEY ISSUED BONDS THAT WERE NON RECOURSE, WHERE THEY WERE OBLIGATED TO REPAY THOSE OBLIGATIONS.

YES.

YES, SIR.

UM, THAT'S ALWAYS MY BIG QUESTION IS WHAT IF THE WORST HAPPENS? COULD YOU, UM, EXPLAIN TO US, IN 2009, WE ALL KNOW WHAT HAPPENED, UM, WHAT ACTUALLY HAPPENED IN TERMS OF, OKAY, THE BOTTOM FELL OUT.

HOW WAS THAT MUNICIPALITY PROTECTED? WHAT, HOW WERE THOSE BONDS PAID BACK? THERE WERE A COUPLE THINGS THAT HAPPENED.

SO THERE WERE EITHER THE BONDS WERE WENT INTO A FORBEARANCE PERIOD.

UM, SO THE BOND INVESTORS NEGOTIATED WITH THE DEVELOPERS AND THE ISSUERS TO, UM, RESTRUCTURE THE BONDS.

BUT THE ISSUERS, AGAIN, WERE NOT ON THE HOOK.

UM, SOMETIMES THE BONDS DID GO IN DEFAULT AND THE DEBT SERVICE WAS NOT PAID.

UM, THERE WERE OTHER INSTANCES WHERE, UM, OTHER DEVELOPERS CAME IN AND TOOK OVER THE PROJECT.

BUT IN MY EXPERIENCE IN KEENAN, YOU, YOU WORK NATIONALLY AS WELL.

I'M JUST NOT AWARE OF A SITUATION WHERE, UM, AN ISSUER WAS REQUIRED TO COME IN AND PAY, BECAUSE IT'S VERY CLEARLY STATED IN THE INDENTURE IN OUR OFFERING DOCUMENT THAT THE

[00:25:01]

ISSUER IS NOT ON THE HOOK.

AND IT'S VERY CLEARLY STATED AS WELL, WHAT THE SECURITY IS FOR THE BONDS.

AND I HAVEN'T GOTTEN TO THIS, BUT THE INSTITUTIONAL INVESTORS WHO BUY THESE BONDS, 'CAUSE USUALLY THEY'RE NON-RATED, THEY'RE VERY CLEAR ON WHAT THE SECURITY IS FOR THE BONDS.

SO USUALLY THESE BONDS ARE BEING SOLD TO INSTITUTIONS LIKE GSAM, GOLDMAN SACHS ASSET MANAGEMENT, SORRY, , NAVEEN, T ROWE PRICE, YOU KNOW, LARGE INSTITUTIONS LIKE THAT.

UM, WE MAY HAVE INSTANCES WHERE WE HAVE HIGH NET WORTH INDIVIDUALS WHO MAY BUY, BUT AGAIN, THEY'LL BE VETTED.

UM, STIFEL HAS A, WE HAVE A CREDIT COMMITTEE BEFORE WE MAIL ANY OFFERING DOCUMENT, AND WE ARE VERY CLEAR ON WHAT TYPE OF INVESTORS WE WILL ALLOW TO BUY THESE TYPES OF BONDS.

SO IT'S NOT GONNA BE A MOM AND POP WHO'S COMING IN BUYING, YOU KNOW, $5,000 TRANCHE OF IT BECAUSE THESE, THIS IS A NON-RATED BOND OFFERING.

DOES THAT ANSWER YOUR QUESTION? I, I THINK SO.

I, I I'M MORE CONCERNED, LET'S SAY WE'RE TALKING ABOUT WEST AR, LK GOES BELLY UP, BRIAN RUNS OFF TO MEXICO, HE'S GONE , UM, THAT HAPPENED ONCE.

WITH HIM.

UM, AND THE ISSUER WAS STILL NOT ON THE HOOK, BUT YEAH.

YEAH, I JUST, SO AS THE BOND HOLDER, THE CITY HAS THE, THE LAND, RIGHT? IS IT BECAUSE, UM, WHAT, WHAT HAPPENS IF BRIAN'S IN MEXICO? BRIAN GOES TO MEXICO? FIRST OF ALL, HE CAN'T TAKE THE MONEY WITH THEM BECAUSE THE BOND, THE, THE PROCEEDS ARE HELD IN TRUST.

THAT'S NUMBER ONE.

RIGHT? SO ANY REPAYMENT OBLIGATION, IT GOES THROUGH THE TRUSTEE, IT'S VETTED BEFORE THE REQUISITION GOES OUT TO PAY.

UM, THE ASSESSMENTS RUN WITH THE LAND.

SO IF THERE'S ANY, UM, DELINQUENCY, IT RUNS WITH THE LAND AND IT GOES THROUGH A NORMAL FOR, UM, FORECLOSURE PROCESS.

SO YOU DON'T GO THROUGH, UM, GO BACK TO THE CITY TO ASK FOR ANY ADDITIONAL MONIES.

IN ADDITION, UM, AS PART OF THE STRUCTURE, WE INCLUDE, UM, A DEBT SERVICE RESERVE FUND THAT IS TYPICALLY ISSUED, UM, I'M GONNA SAY IT'S EQUAL TO THERE.

THERE'S A, THERE'S A TAX LAW TEST, BUT LET'S JUST SAY IT'S EQUAL TO 10% OF THE P AMOUNT OF THE BONDS.

SO THAT'S ALSO OUT THERE TO HELP PAY SOME OF THE OBLIGATIONS DURING THAT FIRST YEAR UNTIL, YOU KNOW, EITHER ANOTHER DEVELOPER COMES IN OR THE BOND HOLDERS, UM, NEGOTIATE AND, UM, COME IN AND TRY TO DO SOMETHING DIFFERENT WITH THE FORBEARANCE AGREEMENT.

SO I WILL TELL YOU, SO I WORKED IN FLORIDA FOR A LONG TIME, AND FLORIDA HAD A LOT OF DEFAULTS DURING THE OH 8, 0 9 PERIOD.

AND WE, WE, WE STRUCTURED, UM, FORBEARANCE AGREEMENTS WHERE WE DELAYED REPAYMENT FOR TWO YEARS, BUT IT NEVER WENT BACK TO THE ISSUER IN TERMS OF HAVING TO COME BACK AND SAY, HEY, YOU GUYS NEED TO PONY UP MONEY.

I JUST HAVEN'T HAD A SITUATION LIKE THAT.

OKAY.

SO, UH, BRIAN, YOU WILL SURRENDER YOUR PASSPORT TO THE CHIEF BACK THERE BEFORE YOU LEAVE.

OKAY.

, DID YOU HAVE A QUESTION? YES.

YOU SAID YOU WERE, YOU'VE WORKED WITH THE ANDERSON TRACK.

THAT PROPERTY SAT FOR A FEW YEARS DIFFERENT WITH NO.

HOW, HOW WAS THAT TAKEN CARE OF? AND IF WE WOULD HAVE ANOTHER 2009 AGAIN WHERE EVERYTHING STOPS FOR A PERIOD OF TIME, HOW WAS THAT HANDLED? SO ANOTHER DEVELOPER CAME IN AND TOOK OVER THE PROJECT, AND SO THEY MADE EVERYTHING GOOD.

AND THEN THEY ACTUALLY, MY UNDERSTANDING, WE, BECAUSE WE LOOKED AT POSSIBLY REFINANCING THAT DEAL, THEY ACTUALLY CAME IN AND THEY PAID, THEY DECIDED TO PAY OFF THE BONDS.

WELL, WHAT, WHAT I WAS CONCERNED ABOUT THE TIME BETWEEN THEY PAID IT OFF AND THE TIME THERE WAS NO DEVELOPMENT, THERE WAS NO MONEY COMING IN.

HOW DOES THAT SIT WITH EVERYTHING IF THERE'S YES, THE ASSESSMENTS ARE CREW OVER THAT TIME.

OKAY.

AND THEY HAVE TO BRING A CURRENT OKAY, SO FOR, AND THEY BUY THE LAMP.

YES.

SO FOR PROPERTIES THAT ARE OCCUPIED, THEY WOULD CONTINUE PAYING THE ANNUAL ASSESSMENT FOR THE DEVELOPER OWNED PROPERTIES.

UM, THAT'S WHAT COULD BE EITHER RESTRUCTURED OR, UM, COULD BECOME PART OF CLEARANCE AGREEMENT OR OWNED BY ANOTHER DEVELOPER, OR, YES.

OKAY.

THAT'S, THANK YOU.

YEP.

AND, AND I'LL SAY TYPICALLY AS WELL, WHEN ANOTHER DEVELOPER COMES IN, THEY MAY VERY WELL NEGOTIATE WITH, UM, THE NEW DEVELOPER MM-HMM .

IN TERMS OF TRYING TO RESTRUCTURE AND WORK WITH THE DISTRICT ADMINISTRATOR IF WE NEED TO RESTRUCTURE THE ASSESSMENTS IN ANY WAY.

THE OTHER QUESTION I HAVE, YEAH.

CAN I JUST ADD SOMETHING? YES.

UM, GOOD AFTERNOON.

MY NAME IS NICOLE SCOTT.

I'M, UH, LEGAL COUNSEL FOR, FOR BRIAN, AND HE'S NOT GOING TO MEXICO.

.

UM, VENEZUELA, MAYBE .

UM, I THINK ONE OF THE, I THINK WHAT PAM HAS STATED, BUT MAYBE NOT AS CLEARLY, UM, IS THE ASSESSMENTS BECOME A LIEN ON THE PROPERTY.

AND SO IF FOR SOME REASON THINGS FALL APART, UM, THE PROPERTY CAN BE SEIZED AND SOLD AND MONEY CAN BE

[00:30:01]

RECOUPED THAT WAY.

SO, AND OBVIOUSLY WE'D GO AFTER THE DEVELOPERS ON DEVELOPED PROPERTY FIRST.

UM, BUT THAT'S ANOTHER WAY TO, TO PROTECT AGAINST THINGS KIND OF FALLING APART.

BUT I THINK IT'S A VERY IMPORTANT, UM, POINT THAT NEEDS TO BE STRESSED IS THAT THIS IS A, A, A LIEN ON THE PROPERTY, UM, SECOND ONLY TO A MORTGAGE.

AND NICOLE, ALONG THOSE LINES, IT'S THE BOND HOLDERS WHO WOULD THEN FORECLOSE ON IT TO TAKE TITLE BACK TO IT.

SO THE CITY IS NOT INVOLVED IN THAT.

WE DON'T BECOME THE OWNER OF THE PROPERTY.

MM-HMM.

THE BOND HOLDERS COULD CURIOUS.

YEAH.

AND THEN THE, THE SECOND PART OF THAT IS BECAUSE THIS IS ON AN ANNUAL TAX BILL FOR THOSE LOTS THAT ARE, ARE OWNED BY INDIVIDUALS, THERE'S ALMOST GUARANTEED COLLECTION, UNLESS THEY'RE GONNA DEFAULT ON PAYING THEIR TAXES IN GENERAL, WHICH AGAIN, THEN GETS SATISFIED THROUGH THE TAX SALE WITH THE COUNTY.

BUT EITHER WAY, IT DOES NOT COME BACK TO THE CITY EITHER FOR THE REPAYMENT OR FOR THE ACTUAL PROCESSING OF RECOUPING THAT LAND.

THE REASON I ASK THE QUESTION IS, IS BECAUSE WE AS A COUNCIL WILL NEED AT SOME POINT IN TIME TO EXPLAIN THIS TO THE CITIZENS AND FOR US TO ENTER, UNDERSTAND WHAT WE'RE DEALING WITH, BECAUSE IT, WHEN PEOPLE SEE THAT A, THERE'S A POSSIBILITY OF A DEFAULT ON A BOND THAT THE CITY HAS, THEIR FIRST REACTION IS, IS, OH, IT'S GONNA COME BACK TO THE TAXPAYERS AND WE HAVE TO BE ABLE TO ASSURE THEM THAT NO, THIS WILL NOT HAPPEN.

SO I THANK YOU FOR YOUR EXPLANATION.

YEAH, SURE.

WE'RE I'M TRYING TO GET BACK ON, 'CAUSE WE'RE GONNA TALK ABOUT THAT THEY, THEY'RE GETTING IT.

OKAY.

SORRY, , WHILE THEY'RE PULLING THAT BACK UP.

SOMETHING ELSE JUST FROM A SAFETY AND SECURITY STANDPOINT IS, AT LEAST FOR WHAT WE'RE CONTEMPLATING FOR THIS, AND I BELIEVE THE OTHER ONES, THE, THE PAYMENTS FOR THE WORK ARE DONE ON A REIMBURSEMENT BASIS.

SO THAT MEANS THAT THE INFRASTRUCTURE IS INSTALLED, WE GO OUT AND INSPECT IT, MAKE SURE IT MEETS ALL THE STANDARDS, AND THEN WE GO AHEAD AND AUTHORIZE THE PAYMENT FROM THE BOND PROCEEDS THAT MAKES SURE THAT THERE'S NO CONSTRUCTION RISK.

THAT'S IT.

YEAH.

E EXACTLY.

AND SO WE DON'T WIND UP WITH A SITUATION WHERE WE'VE GOT A BUNCH OF LOT OWNERS, BUT NO ROAD TO GET TO THEIR HOMES.

THE ONLY WAY THAT THEY GET PAID BACK FROM THE BONDS IS IF THEY'VE ACTUALLY ALREADY PUT IN THE ROAD OR IF IT WAS INFERIOR.

YES, SIR.

OKAY.

I'M JUST GONNA, I, I'LL JUST TALK IF YEAH.

JESS IS NOT BACK THERE.

SOMEBODY COULD GO SEE, THEY CAN CITY TO GO GET, I CAN JUST TALK THROUGH MY, THROUGH MY NOTES IF YOU DON'T MIND.

IF THAT'S OKAY.

GO AHEAD.

THAT'S GOOD.

BECAUSE WHAT I, YEAH, I JUST HAVE A COUPLE OF THINGS.

IT'S REALLY JUST TALKING ABOUT THE BOND PROCESS AND HOW THAT WORKS.

SO, YOU KNOW, RIGHT NOW I THINK WE'RE GOING THROUGH THE LEGAL PROCESS OF FORMING THE MID.

WE ALSO WORK SIMULTANEOUSLY.

WE'RE UP.

OKAY.

BIG BUTTON.

ALL RIGHT.

GOT IT.

.

SO WHAT WE DO, UM, SIMULTANEOUSLY WITH FORMING THE, THE MID IS WE WORK ON, UM, THE OFFERING DOCUMENT AND WE ALSO WORK ON WHAT WE CALL OUR THIRD PARTY REPORTS.

AND IT'S REALLY IMPORTANT THE OFFERING DOCUMENT SUMMARIZES, UM, THE PROJECT.

IT SUMMARIZES THE COST THAT WE'RE FINANCING.

IT SUMMARIZES THE FLOW OF FUNDS IN TERMS OF, YOU KNOW, PAYING THE DEBT SERVICE, PAYING, MAKING SURE THE RESERVE FUND IS FUNDED, MAKING SURE HOW WE COLLECT, UM, THE ASSESSMENTS ON AN ANNUAL BASIS.

SO ALL OF THAT IS SUMMARIZED.

IN ADDITION, WHAT I ALSO THINK IS IMPORTANT AND WHAT AT STIFEL WHAT WE LIKE TO DO IS LIKE, WE HAVE WHAT WE CALL THIRD PARTY REPORTS.

THE THIRD PARTY REPORTS INCLUDE AN ENGINEER'S REPORT, WHICH, YOU KNOW, NATHAN'S GROUP WILL DO.

WE INCLUDE, UM, A MARKET STUDY, WHICH WE'LL LOOK AT DEMAND AND ABSORPTION NUMBERS TO MAKE SURE THAT, UM, THE REVENUES THAT WE THINK ARE GONNA COME IN AT THE TIME THAT THEY'RE GONNA COME IN, THAT THEY MAKE SENSE BASED ON THE DEMAND ANALYSIS.

AND THEN WE ALSO DO AN APPRAISAL 'CAUSE WE WANNA MAKE SURE THAT WE'RE PUTTING THIS INFRASTRUCTURE IN AND THE VALUE OF THE LAND IS GOING TO INCREASE.

SO USUALLY THAT VALUE TO LEAN IS GOING BE SOMEWHERE BETWEEN TWO TO THREE TO ONE, TWO TO THREE TO ONE.

AND SO WE HAVE THOSE DOCUMENTS AND INVESTORS LIKE TO SEE THOSE BECAUSE IT'S NOT JUST BRIAN WHO'S GOING TO MEXICO TELLING US THAT THIS PROJECT IS GOING TO WORK.

WE HAVE, WE HAVE THIRD PARTIES ALSO SAYING, YOU KNOW, THEY AGREE WITH THE DEMAND, THEY AGREE WITH THE ABSORPTION, THEY AGREE WITH THE PRICE POINTS.

WE HAVE THE ENGINEER TELLING US THAT THE PERMITS ARE IN PLACE, UM, THAT THE COSTS THAT WE ASSUME ARE NEEDED TO PUT THIS INFRASTRUCTURE IN, THAT THOSE COSTS ARE REASONABLE.

WE ACTUALLY GET AN OPINION ON THAT.

UM, AND BEFORE WE RELEASE THAT OFFERING DOCUMENT, WE MAKE SURE THAT WE HAVE OPINIONS, UM, THAT ARE GONNA BE IN PLACE WHEN WE SIGN THE BOND PURCHASE AGREEMENT THAT WE'RE GONNA GET FROM BOND COUNSEL, UNDERWRITERS COUNSEL, AND, AND DEVELOPERS' COUNSEL NICOLE, WHO JUST CAME UP.

SO WE MAKE SURE THAT ALL OF THAT IS VETTED.

IN ADDITION, STIFEL HAS A CREDIT COMMITTEE THAT WE GO THROUGH BEFORE WE MAIL AN OFFERING DOCUMENT.

NOT ALL PEOPLE LIKE OUR CREDIT COMMITTEE, BUT WE MAKE SURE THAT WE

[00:35:01]

TAKE IT TO OUR CREDIT COMMITTEE AND MAKE SURE THAT THEY'RE COMFORTABLE WITH IT BASED ON WHAT WE'VE SEEN IN THE MARKET AND WHAT OUR INVESTORS HAVE SEEN.

UM, ONCE WE HAVE THAT OFFERING DOCUMENT SIGNED OFF ON, AND THE THIRD PARTY REPORTS DONE, WE GO INTO A BOND MARKETING PHASE.

AND THAT'S TYPICALLY A TWO WEEK PROCESS WHERE WE'RE TALKING WITH INVESTORS.

UM, WE SOMETIMES DO A SITE VISIT, SO THEY'LL COME DOWN TO KICK THE TIRES, UM, YOU KNOW, AND, AND THEN AFTER THAT TWO WEEK PERIOD, YOU KNOW, WE'LL KIND OF DO AN ASSESSMENT OF KIND OF WHERE WE ARE, HOW MANY PEOPLE, UM, PORTFOLIO MANAGERS AND CREDIT ANALYSTS HAVE ACTUALLY APPROVED THE CREDIT.

AND THEN WE'LL GO TO PRICING.

AND PRICING IS DONE ON ONE DAY.

IT'S USUALLY WE OPEN AN ORDER PERIOD OVER THREE HOURS.

SO WE, YOU KNOW, WE GO OUT WITH OUR, OUR PRICE THOUGHTS AND WE COME BACK AT THE END OF THAT ORDER PERIOD, SAY AROUND NOON.

AND HOPEFULLY IF WE'RE OVERSUBSCRIBED, YOU KNOW, IF WE HAVE 30 MILLION IN BONDS, WE GOT 300 MILLION IN ORDERS, THEN WE CAN LOWER THE, THE PRICE THAT WE, THAT WE'RE, UM, THAT WE WENT OUT WITH.

AND THEN WE'LL AGREE ON A PRICE, UM, WITH THE CITY AND THEIR COUNCIL.

AND WE WILL SIGN WHAT WE CALL A BOND PURCHASE AGREEMENT THE NEXT DAY.

AND THEN STIFEL AT THAT POINT HAS AGREED TO BUY THE BONDS AND WE ARE LOCKED IN.

HOPEFULLY WE HAVE ALL OF OUR INVESTORS NEEDED TO DO THAT.

UM, AND THEN TWO WEEKS LATER, THEREABOUTS WHILE THE ATTORNEYS ARE WORKING ON DOCUMENTS, THEN WE WILL CLOSE ABOUT TWO WEEKS THEREAFTER.

SO THAT'S TYPICALLY HOW THAT THE PROCESS WORKS.

ANY QUESTIONS? GREAT.

ALL RIGHT.

ANY, ANY QUESTIONS? IT'S OKAY.

THANK YOU, .

GOOD AFTERNOON.

MY NAME IS KEENAN RICE.

I'M THE PRESIDENT OF UNICAP.

UNICAP IS A MUNICIPAL ADVISOR REGISTERED WITH THE SEC AND THE MUNICIPAL SECURITIES RULEMAKING BOARD, WHICH MEANS WE'RE SUBJECT TO ALL THE RULES AND REGULATIONS THAT THEY HAVE FOR MUNICIPAL ADVISORS.

AS A MUNICIPAL ADVISOR, WE'RE A SPECIALIST IN OUR FIELD, WHICH MEANS WE WORK SOLELY IN THE AREA OF, UM, PUBLIC PRIVATE PARTNERSHIPS WHERE LOCAL GOVERNMENTS ARE WORKING WITH REAL ESTATE DEVELOPERS ISSUING BONDS TO PAY, TO PROVIDE PUBLIC INFRASTRUCTURE FOR THOSE, UM, REAL ESTATE DEVELOPMENT PROJECTS.

WE'RE VERY EXPERIENCED IN THE THAT AREA, AN AREA WHICH I'VE WORKED FOR ABOUT 35 YEARS.

BEFORE I START MY PRESENTATION, IF I CAN FIGURE OUT HOW TO OPERATE THIS LIKE EVERYONE ELSE, , I I DO WANNA GO BACK TO THE QUESTION, UM, MR. MAYOR THAT YOU ASKED.

UH, PAM, UM, BECAUSE I THINK IT'S A VERY IMPORTANT QUESTION, AND I JUST WANNA GIVE YOU A COUPLE OF EXAMPLES OF CASE STUDIES IN SOUTH CAROLINA.

UM, 2008 TOTALLY CHANGED THE REAL ESTATE DEVELOPMENT MARKET.

UM, IT, WE DID SO MANY BOND WORKOUTS.

'CAUSE ANY PROJECT THAT WAS MIDSTREAM IN REAL ESTATE DEVELOPMENT, THE NUMBERS JUST CHANGED.

THEY DIDN'T WORK OUT.

SO THERE'S TWO, UM, IMPROVEMENT DISTRICTS IN PARTICULAR THAT ONE REFERRED TO IN, IN SOUTH CAROLINA HAD BEEN ISSUED BY COUNTY.

UM, THE DEVELOPERS IN BOTH CASES, TWO DIFFERENT PROJECTS, THEY WERE NOT ABLE TO CONTINUE TO MAKE PROGRESS SELLING LOTS, YOU KNOW, WITH THE DEVELOPMENT.

UM, THEY BOTH DEFAULTED ON THE BANK LOANS, OKAY? AND SO THE BANKS BEGAN PURSUING, UM, FORECLOSURE ON THE PROPERTY.

BOTH PROPERTIES WENT INTO BANKRUPTCY.

OKAY? SO WHEN YOU GO INTO BANKRUPTCY, THEN YOU CAN'T TAKE IMMEDIATE ACTION TO FORECLOSE ON THE PROPERTY OR EVEN TO SELL THE PROPERTY TO TAX SALE.

NOW, ONE GOOD THING ABOUT SPECIAL ASSESSMENTS THERE, THERE WAS KNOWN AS THE PREFERRED SECURED CREDITOR IN BANKRUPTCY, WHICH MEANS, ALONG WITH PROPERTY TAXES, THEY GET PAID FIRST OR ANYTHING ELSE, YOU KNOW, THEY GET, THEY'LL GET MADE HOLD AND GET PAID.

UM, DURING THIS, UM, ULTIMATELY THE PROPERTY CAME OUTTA THE BANKRUPTCY.

UM, THE BANK IN BOTH CASES BROUGHT IN SOMEONE ELSE TO BUY THE PROPERTY AND TAKE IT OVER.

IN CONJUNCTION WITH THAT, WE RESTRUCTURED THE BONDS 'CAUSE THAT WAS NECESSARY, UM, TO, UM, ENCOURAGE A, A DEVELOPER TO COME IN AND TAKE OVER THE PROPERTY.

AS PAM MENTIONED, THE ASSESSMENTS THAT HADN'T BEEN MADE ACCRUED ON THE PROPERTY, THEY WERE STILL OWED.

BUT FOR A DEVELOPER TO COME AND TAKE OVER THE PROPERTY, THEY NEEDED SOME RELIEF, SUCH AS A FORBEARANCE AGREEMENT AS PAM MENTIONED.

SO IT GAVE THE DEVELOPER MORE TIME TO MOVE FORWARD WITH THE DEVELOPMENT.

AND BOTH OF THOSE CASES, THE DEVELOPMENT HAS MOVED FORWARD, THE BONDS HAVE BEEN BROUGHT CURRENT, AND NOW THEY'RE BEING PAID OFF.

SO IT TOOK SOME TIME TO WORK THROUGH THAT.

DURING THAT TIME, NOBODY CAME TO THE COUNTY AND SAID, WHY AREN'T YOU PAYING THESE BONDS? BECAUSE THE INVESTORS WHO BOUGHT THE BONDS KNEW THAT THE COUNTY DIDN'T BACK.

THE BONDS HAVE STATED THAT BOLD CAPITAL LETTERS ON THE VERY FIRST PAGE OF THE OFFERING DOCUMENT, THE COUNTY'S NOT BACKING THESE BONDS, YOU'RE TAKING THIS RISK.

INVESTORS WERE SOPHISTICATED INVESTORS.

THEY KNEW EXACTLY WHAT RISK THEY WERE TAKING, AND THEY WERE COMPENSATED TO TAKE THAT RISK.

THEY GOT A HIGHER INTEREST RATE FOR TAKING THAT RISK.

SO THEY DIDN'T COME BACK TO THE COUNTY AND SAY, WHY AREN'T YOU PAYING THESE BONDS? THEY KNEW THAT THAT WASN'T THE RESPONSIBILITY OF THE COUNTY.

ALSO, IMPORTANTLY, THE RATING AGENCIES DIDN'T EXPECT THE COUNTY TO MAKE COAL IN THE BONDS.

NOT ON THOSE TWO PROJECTS, BUT ON ANOTHER PROJECT, AS I SAID, WE DID A LOT OF WORKOUTS.

AFTER 2008, WE ACTUALLY MET, UM, WITH THE RATING AGENCIES, TOOK A TRIP UP TO NEW YORK CITY WITH ONE OF THE COUNTIES WE WERE WORKING WITH.

AND WHEN WE WERE MEETING WITH S AND P, ONE OF THE COUNTY OFFICIALS ASKED AND SAID, WHAT IF WE DON'T STEP UP AND PAY THESE BONDS? AND THE ANSWER FROM WHAT'S RATING AGENCY WAS, WE EXPECT YOU TO DO WHAT YOU SAID YOU WOULD DO IF YOU DIDN'T SAY YOU WERE GONNA BAIL OUT INVESTORS.

WE DON'T EXPECT YOU TO BAIL OUT INVESTORS.

I JUST THINK THAT'S IMPORTANT.

YOU KNOW, IT'S

[00:40:01]

A VERY IMPORTANT QUESTION.

UM, BUT THERE'S, THERE'S A RECORD.

WE KNOW HOW THIS WORKS WHEN THOSE, WHEN WE GO THROUGH THAT PROCESS.

ALL RIGHT.

I WOULD LIKE TO GET INTO, UM, YOU KNOW, MY COMMENTS AND DISCUSS SPECIAL ASSESSMENTS.

SO ONE VERY IMPORTANT ABOUT SPECIAL ASSESSMENTS, SAM KIND OF MENTIONED THIS AS WELL, IS THEY'RE BENEFIT BASED.

OKAY? THERE'S REALLY TWO PROVISIONS, UM, THAT WE MEAN WHEN WE SPEAK OF ASSESSMENTS BEING BENEFIT BASED.

FIRST OF ALL, THE ASSESSMENTS ARE GOING TO PROVIDE IMPROVEMENTS THAT PROVIDE A SPECIAL BENEFIT TO THE PROPERTY THAT'S BEING ASSESSED.

AND THAT BENEFIT HAS TO BE EQUAL TO OR GREATER THAN THE COST OF THE ASSESSMENTS.

SO NAS WENT OVER THE IMPROVEMENTS.

YOU COULD SEE IT'S A ROAD THAT RUNS RIGHT THROUGH THE CENTER OF THE PROPERTY.

IT'S REALLY PROVIDING ACCESS.

IT'S ONLY THE MAIN ROAD THROUGH THE PROPERTY, BUT ALL THE OTHER ROADS IN THAT PROJECT FEED ONTO THAT MAIN ROAD.

AND IT'S PROVIDING THAT VERY IMPORTANT ACCESS THROUGH THE PROPERTY.

IT'S ALSO PROVIDING UTILITIES THAT ARE WITHIN THE RO ROAD, UM, AND SEWER PUMP STATION TO PROVIDE FOR THE TRANSFER OF THE SEW SEWAGE GENERATED WITHIN THE PROJECT.

SO YOU CAN SEE THAT, THAT, UM, THOSE IMPROVEMENTS ARE PROVIDING VERY, YOU KNOW, A SPECIAL BENEFIT.

UM, SAM ALSO MENTIONED A, A REPORT CALLED THE REASONABLE BASIS IS THE SPECIAL ASSESSMENTS.

NOW, ONE OF THE PURPOSES OF THAT REPORT PROVIDES EVIDENCE TO SUPPORT THE FINDINGS OF, OF THE BENEFIT.

IT GOES THROUGH AND EXPLAINS AND, AND REASONS WHY THESE IMPROVEMENTS PROVIDE THE SPECIAL BENEFIT AND WHY THE BENEFIT IS GREATER THAN EQUAL TO OR GREATER THAN THE COST OF THE SPECIAL ASSESSMENTS.

SO A SECOND THING THAT WE MEAN WHEN WE TALK ABOUT ASSESSMENTS BEING BENEFIT BASED IS THAT THE ASSESSMENTS ARE ALLOCATED TO THE PROPERTIES IN THE DISTRICT ON A REASONABLE MANNER.

OKAY? IN THIS CASE, IT'S VERY STRAIGHTFORWARD BECAUSE THIS PROPERTY IS BEING DEVELOPED ENTIRELY WITH RESIDENTIAL FOR SALE HOMES.

EVERY HOME IS ALLOCATED THE SAME AMOUNT OF THE SPECIAL ASSESSMENT.

SO IT'S VERY SIMPLE AND STRAIGHTFORWARD.

YOU'RE ALL GETTING THE SAME AMOUNT OF SPECIAL ASSESSMENT ASSESSMENT.

SO IT'S IMPORTANT TO UNDERSTAND THAT THE ONLY PROPERTY SUBJECT TO THE SPECIAL ASSESSMENTS ARE THE PROPERTY WITHIN THE IMPROVEMENT DISTRICT.

NONE OF THE PROPER, THERE'S NO PROPERTY OUTSIDE THE, THE IMPROVEMENT DISTRICT THAT HAS ANY RESPONSIBILITY TO PAY THESE SPECIAL ASSESSMENTS.

IT'S ONLY THE PROPERTY WITHIN, UM, THE, UM, THE IMPROVEMENT DISTRICT THAT'S SUBJECT TO THE SPECIAL ASSESSMENTS.

AND AS PAM MENTIONED, UM, THE, UM, THE ASSESSMENTS ARE SIZED.

UM, SO I'M GONNA ADD A LITTLE MORE COMMENTS TO WHAT PAM SAID.

BUT THE ASSESSMENTS ARE SIZED FOR THE IMPROVEMENTS, UM, THAT ARE BEING PROVIDED BY THE, BY THE, UH, IMPROVEMENT DISTRICT.

THE ONLY IMPROVEMENTS BEING PROVIDED BY THE IMPROVEMENT DISTRICT OR IS THAT MAIN ROAD THROUGH THE COMMUNITY AND THE INFRASTRUCTURE WITHIN THE ROAD IN THE SEWER PUMP STATION.

SO THERE'S A LOT OF OTHER PUBLIC IMPROVEMENTS WITHIN THE, WITHIN THE IMPROVEMENT DISTRICT.

BUT THOSE OTHER IMPROVEMENTS ARE NOT BEING PROVIDED BY THE IMPROVEMENT DISTRICT.

IT'S ONLY THIS MAIN ROAD THROUGH THE PROPERTY, UM, THAT'S BEING PROVIDED BY THE IMPROVEMENT DISTRICT.

AND THE BONDS ARE BEING SIZED TO PROVIDE FOR THOSE, UM, IMPROVEMENTS.

NOW, THERE'S TWO ASSESSMENTS THAT ARE BEING LEVIED, AND THERE'S TWO DIFFERENT SERIES OF BONDS.

THE REASON FOR THAT IS, UM, THE ASSESSMENT A IS SIZED, UM, FOR WHAT IS, IS DETERMINED TO BE A PRETTY MODEST AMOUNT TO BE PAID BY HOMEOWNERS.

IT'S $600, UM, PER UNIT PER YEAR INCREASES BY 3% PER YEAR.

UM, THE DEVELOPER WANTED TO MAKE SURE THAT THAT WAS A MODEST NUMBER, THAT IT WASN'T TOO HIGH OF A NUMBER THAT HOMEOWNERS WERE GONNA BE ASKED TO PAY.

THAT'S BASICALLY $50 A MONTH, YOU KNOW, ADDED TO THEIR, YOU KNOW, THEIR MORTGAGE ESCROW.

UM, THAT A SPECIAL ASSESSMENT THAT, AS PAM MENTIONED, BONDS ARE SIZED.

UM, SHE'S NOT GONNA ISSUE, SHE'S NOT GONNA SELL, BUY AND SELL MORE BONDS AND WILL BE SUPPORTED BY THAT $600 AMOUNT.

THAT DOES NOT SUPPORT THE FULL AMOUNT OF THE COST OF THE MAIN ROAD.

OKAY? SO THERE'S A SECOND SPECIAL ASSESSMENT CALLED ASSESSMENT B THAT'S LEVIED THAT'S TO COVER THE BALANCE OF THE IMPROVEMENTS NOT PAID BY ASSESSMENT A.

ASSESSMENT B, HOWEVER, IS ONLY GONNA BE PAID BY THE DEVELOPER AND THE BUILDER.

IT'S GONNA BE PAID OFF AS THE PROPERTY SOLD.

SO HOMEOWNERS WILL NEVER PAY ASSESSMENT B BECAUSE WE WANTED TO MAKE SURE THAT WHAT HOMEOWNERS ARE PAYING IS AT REASONABLE, YOU KNOW, EVEN MODEST NUMBER OF $600 A YEAR.

SO ASSESSMENT A IS LIMITED TO THAT NUMBER, DOESN'T PAY FOR THE FULL AMOUNT OF THE IMPROVEMENTS.

THE BALANCE OF THE IMPROVEMENTS ARE PAID BY ASSESSMENT.

B, HOMEOWNERS NEVER PAID OUT.

BUILDERS AND DEVELOPERS PAY THAT OFF, UM, IF THE PROPERTY IS SOLD.

GOOD.

I ASK THE QUESTION THAT, UM, THE, THE THOUGHT OCCURRED TO ME, A LOT OF THE COMMUNITIES ARE THE SUBDIVISIONS THAT WE'RE APPROVING HAVE AMENITIES.

MM-HMM .

POOL OF THINGS.

WHO'S, UH, ARE THOSE AMENITIES ASSESSED? ARE THEY PART OF IT OR JUST THE HOMEOWNERS? SO JUST THE PRIVATE PROPERTY THAT WILL GET A BENEFIT FROM THE IMPROVEMENTS OR ASSESSED.

SO THE, UM, THE HOA FACILITIES, FOR EXAMPLE.

UM, YEAH, THAT'S WHAT I'M TALKING ABOUT.

YEAH, THEY'RE NOT ASSESSED AND THEY'RE, THEY'RE NOT PART OF ANY ASSESSMENT.

RIGHT.

OKAY.

THAT, YEAH.

SO, UM, SAM ALSO MENTIONED ASSESSMENTS ARE COLLECTED ON THE REAL PROPERTY TAX BILL.

IT'S A VERY EFFICIENT, EFFECTIVE MEANS OF PAYING SPECIAL ASSESSMENTS.

HOMEOWNERS ARE ONLY RESPONSIBLE

[00:45:01]

FOR THE ASSESSMENT OF THIS ON THEIR PROPERTY.

THIS CAME UP, UM, SOMEWHAT, UM, AS PAM WAS TALKING ABOUT, YOU KNOW, IF THERE'S A DEFAULT, UM, IF SOMETHING HAPPENS, THE DEVELOPER DOESN'T PAY ITS ASSESSMENTS LIKE HAPPENED TO THOSE TWO DISTRICTS.

UM, I MENTIONED EARLIER THERE HAD ALREADY BEEN HOMES SOLD IN THOSE DISTRICTS.

WELL, IT DIDN'T AFFECT THAT THOSE HOMEOWNERS HAD TO PAY.

THEY ONLY HAD TO PAY.

SO FOR EXAMPLE, IN THIS CASE, HOMEOWNERS ARE RESPONSIBLE FOR PAYING THE $600 A YEAR.

THAT'S ALL THEY PAY.

IT DOESN'T MATTER IF THE DEVELOPER PAYS THEIR ASSESSMENTS.

IT DOESN'T MATTER ABOUT THE PACER DEVELOPMENT.

IT DOESN'T HAPPEN WHATEV, WHATEVER ELSE HAPPENS IN THAT DISTRICT.

THE HOMEOWNERS ONLY HAVE TO PAY THEIR SHARE.

THE, THE HOMEOWNERS ARE NOT RESPONSIBLE FOR REPAYING THE BONDS.

THEY'RE ONLY RESPONSIBLE FOR PAYING THEIR ASSESSMENT, WHICH IS $600 PER YEAR.

AND THEN THE ASSESSMENTS TERMINATE.

ONCE THE, UM, ONCE A, A HOMEOWNER REPAYS THEIR ASSESSMENT, THAT ASSESSMENT THAT'S LEVIED ON THEIR PROPERTY, ONCE THEY PAY IT, ASSESSMENT GOES AWAY.

NOW THE ASSESSMENTS ARE SCHEDULED TO BE PAID OVER 30 YEARS.

HOWEVER, A HOMEOWNER, AS SAM MENTIONED, CAN PREPAY THEIR ASSESSMENT AT ANY TIME.

IF THEY PREPAY IT, THEY DON'T HAVE TO PAY THE INTEREST PORTION OF THAT ASSESSMENT.

THEY ONLY HAVE TO PAY THE PRINCIPAL PORTION.

AND ONCE THEY PAY IT, IT GOES AWAY.

THEY DON'T HAVE TO PAY IT ANYMORE.

I HAVE A QUESTION, SIR.

YES.

SO YOU SAY IT'S PAID OVER 30 YEARS.

SO LET'S SAY SOMEBODY DECIDES TO SELL THEIR HOUSE 15 YEARS, 10 YEARS INTO, UH, THEM LIVING THEIR, HOW DOES THAT WORK? ASSESSMENT IS, UM, IS A LIEN ON THE PROPERTY.

IT'S COLLECTED, A TAX BILL GOES, SO IT JUST GOES WITH THE PROPERTY.

THE NEXT PERSON.

YEAH.

OKAY.

SO HOW WOULD SOMEBODY, LET'S SAY I WANNA BUY A HOUSE IN THERE.

HOW DO YOU GO ABOUT LETTING PEOPLE KNOW THAT THIS IS AN EXTRA PRICE GONNA BE TAGGED ONTO THEIR, UM, MORTGAGE? THAT'S A VERY IMPORTANT QUESTION.

THAT'S EXACTLY WHAT I'M GONNA TALK ABOUT RIGHT NOW.

AND IT'S, UM, THERE'S A NUMBER OF MEANS BY WHICH WE DO THAT.

SO ONE OF THE THINGS WE DO AT UNICAP, AND WE WORK ON A DISTRICT LIKE THIS, WE PROVIDE A TOLL FREE NUMBER TO THE LOCAL GOVERNMENT, THE CITY OF THE COUNTY, WHERE IF ANYONE CALLS YOU, YOU CAN GIVE OUR TOLL FREE NUMBER, OKAY? AND WE WILL ANSWER THEIR QUESTIONS.

UM, AND THOSE QUESTIONS, YOU KNOW, A LOT OF TIMES IT'S WHEN A HOUSE IS BEING RESOLD.

UM, USUALLY THERE'S A SALES AGENT INVOLVED AND THEY'LL CALL US, YOU KNOW, NUMBER ONE, TO FIND OUT WHAT THE ASSESSMENT WAS FOR THAT YEAR.

HAS IT ALREADY BEEN PAID? WHAT, WHAT IS IT GONNA BE IN FUTURE YEARS? HOW MANY YEARS ARE LEFT TO PAY IT? UM, WE ALWAYS PROVIDE ANSWERS.

WE TAKE THAT RESPONSIBILITY VERY IMPORTANTLY.

UM, AND WE, AND WE'RE AS HELPFUL AS WE CAN POSSIBLY, SOMETIMES WE GET QUESTIONS FROM TAX PREPARERS WHO NEED INFORMATION TO PREPARE A TAX RETURN AT THE GOVERNMENT.

YOU'RE NOT REQUIRED TO SEND OUT 10 99 JUST LIKE YOU DON FOR PROPERTY TAXES, BUT WE ALWAYS COVENANT TO PROVIDE THAT INFORMATION IF A TAX PREPARER ASKS US AND CALL US, AND THEY WANT TO KNOW, UM, YOU KNOW, THEY, THEY HAVE SOME QUESTIONS ABOUT THE SPECIAL ASSESSMENT THAT THEY NEED TO KNOW ANSWERS TO PREPARE TAX RETURNS.

WE ALWAYS CALCULATE THAT INFORMATION EACH YEAR SO THAT WHEN THEY CALL US, WE KNOW THE NUM, WE KNOW THE INFORMATION, WE CAN GIVE IT TO 'EM.

UM, SO, SO THAT'S ONE IMPORTANT MEANS OF DISCLOSURE.

AND IT'S PARTICULARLY IMPORTANT WITH RESELLS IN THE CASE WHERE A HOME IS BEING SOLD IN THE FUTURE.

UM, BUT THAT'S NOT ENOUGH FOR DISCLOSURE BECAUSE YOU DON'T WANNA BE TELLING SOMEONE FOR THE FIRST TIME THAT THERE'S A SPECIAL ASSESSMENT.

WE WANNA BE VERY HELPFUL IN ANSWERING THEIR QUESTIONS.

BUT ONE COMMENT WE DON'T EVER WANT TO GET FROM SOMEONE WHO CALLS US IS, THIS IS THE FIRST I'VE HEARD OF THIS.

NO ONE EVER TOLD ME ABOUT IT.

YOU KNOW, WE WANNA MAKE SURE THAT DOESN'T HAPPEN.

AND SO THERE'S A NUMBER OF THINGS THAT, YOU KNOW, PROVISIONS IN A DISCLOSURE PROGRAM THAT WE PUT IN PLACE.

IT'S REALLY BELTS AND SUSPENDERS, YOU KNOW, TO MAKE SURE ANYONE KNOWS.

NUMBER ONE, WE ALWAYS RECORD NOTICE IN THE LAND RECORDS.

SO THAT'S VERY IMPORTANT FROM A LEGAL PERSPECTIVE.

THAT'S HOW YOU PROVIDE NOTICE IN REAL ESTATE, IS BY RECORDING NOTICE IN THE LAND RECORDS.

WE ALSO, UM, WILL ENSURE THAT THERE ARE A FORM INCLUDED IN THE PURCHASE AND SELL AGREEMENT THAT IS SIGNED BY THE BUYER.

OKAY? SO THAT HAS DISCLOSURE IN THE SPECIAL ASSESSMENT.

AND, AND, AND IT'S SOMETHING THAT THEY SIGN SO THAT, YOU KNOW, WE ALWAYS CAN SEE THAT, YOU KNOW, IT WAS DISCLOSED TO THEM AND THEY SIGN SOMETHING.

WE ALSO INCLUDE DISCLOSURE IN THE HOA DOCUMENTS.

THAT'S PARTICULARLY IMPORTANT WHEN PROPERTY IS THE RESOLD.

UM, BUILDERS USUALLY DO A GOOD JOB DISCLOSING THE SPECIAL ASSESSMENT BECAUSE THEY'RE PROFESSIONALS.

THEY KNOW IT'S IMPORTANT.

IT PROTECTS THEM TO PROVIDE THAT INFORMATION.

THE DISCLOSURE ON RESELLS IS NOT AS GOOD BECAUSE, YOU KNOW, HOMEOWNERS DON'T ALWAYS UNDERSTAND AND, YOU KNOW, SALES AGENTS AREN'T, ARE AS KNOWLEDGEABLE ABOUT THIS.

SO THAT'S ONE REASON WHY WE WANNA MAKE SURE THERE'S NOTICE IN THE HOA DOCUMENTS.

'CAUSE MOST PEOPLE WILL, YOU KNOW, AT LEAST LOOK INTO THE HOA DOCUMENTS.

SO THESE ARE ALL GOOD AND IMPORTANT MEANS.

BUT ONE OF THE THINGS WE KNOW, UM, IS THAT MOST HOME BUYERS DON'T HIRE AN ATTORNEY TO REPRESENT THEM WHEN THEY BUY A HOUSE.

OKAY? UM, SO WE UNDERSTAND THERE'S A DIFFERENCE BETWEEN LEGAL DISCLOSURE AND PRACTICAL DISCLOSURE, AND WE WANNA MAKE SURE THE DISCLOSURE IS NOT THE LEGAL DISCLOSURE IS IMPORTANT.

WE WANNA MAKE SURE THERE'S ALSO PRACTICAL DISCLOSURE.

THE FIRST THING YOU WANNA MAKE SURE IN PRACTICAL DISCLOSURE IS THEY'RE GETTING THAT BILL FROM THE VERY BEGINNING.

OKAY? SO WE WORK WITH THE SETTLEMENT AGENTS, UM, TO MAKE SURE.

UM, SO IT'S USUALLY THE SETTLE SETTLEMENT AGENTS THAT ARE SETTING UP THE TAX ESCROW.

MOST PEOPLE, WHEN THEY HAVE A MORTGAGE,

[00:50:01]

NOT EVERYONE, BUT MOST PEOPLE WILL PAY THEIR TAXES THROUGH A TAX ESCROW.

SO THE MORTGAGE COMPANY, WHEN THEY SEND IN THE BILL EACH MONTH FOR, YOU KNOW, THEIR MORTGAGE PAYMENT WILL ALSO INCLUDE AMOUNT TO GO INTO A TAX ESCROW.

AND THEN THE MORTGAGE COMPANY WILL PAY THEIR TAXES EACH YEAR.

AND THAT'S TO PROTECT THE MORTGAGE COMPANY BECAUSE THEIR MORTGAGE IS BUYING PROPERTY TAXES.

SO THEY WANNA MAKE SURE PROPERTY TAXES ARE GETTING PAID.

SO THEY COLLECT THE MONEY EACH MONTH.

WE WANNA MAKE SURE WHEN THE, WHEN A PERSON BUYS A HOUSE AND THE SETTLEMENT AGENT IS SETTING UP THAT TAX ESCROW, THAT THEY'RE COUD THE SPECIAL ASSESSMENT.

SO WE COORDINATE AND WORK WITH THEM TO MAKE SURE THAT'S INCLUDED.

UM, WE ALSO, IN THE DISTRICTS WE WORK ON WHERE THERE'S SIGNIFICANT, WHETHER THERE'S RESIDENTIAL PROPERTY LIKE THIS, WE ALWAYS SET UP A WEBSITE WITH INFORMATION SO THAT HOMEOWNERS, SALES AGENTS, SETTLEMENT AGENTS, THEY CAN GET ON THE WEBSITE AND IT TELLS 'EM, YOU KNOW, WHAT IS THE ASSESSMENT? HOW MUCH IS DUE THIS YEAR, WHETHER IT'S BEEN PAID, WHAT'S THE PAY OFF? WE'LL ALSO INCLUDE OTHER HELPFUL INFORMATION, LIKE A DISCLOSURE FORM THEY CAN DOWNLOAD, YOU KNOW, FOR RESALE.

WE ALSO INCLUDE A LINK WHERE IF THEY WANNA SEND US A QUESTION, THEY CAN JUST, WHILE THEY'RE THERE, UM, YOU KNOW, YOU KNOW, SEND, YOU KNOW, FILL OUT, YOU KNOW, A QUESTION AND SEND IT TO US AND THEN WE'LL RESPOND TO CALL THEM BACK.

WE FIND THIS KIND OF A WEBSITE VERY HELPFUL.

SAVES A LOT OF PHONE CALLS, , UM, THERE'S A LOT OF PEOPLE WHO WANT TO BE ABLE TO FIND THIS INFORMATION WHEN THEY'RE NOT AT WORK.

OKAY.

IN THE EVENINGS, AFTER HOURS, A WEBSITE, THEY CAN CHECK ANY TIME, YOU KNOW, WEEKENDS, DAYS, EVENINGS, WHENEVER.

SO IT'S VERY HELPFUL INFORMATION.

AND THEN IT ALSO GIVES THEM A DIRECT CONTACT TO US IF THEY HAVE ANY FOLLOW UP QUESTIONS.

ANOTHER THING THAT WE'VE FOUND IS VERY IMPORTANT IS WE SET UP AN ANNUAL MEETING DURING THE, PARTICULARLY DURING THE DEVELOPMENT PERIOD, WE'LL GO OUT TO THE PROPERTY ONCE A YEAR AND WE'LL MEET WITH THE SALES AGENTS AND THE SETTLEMENT AGENTS, UM, AND, AND JUST HELP EXPLAIN TO THEM, HELP THEM UNDERSTAND THE SPECIAL ASSESSMENTS AND HOW THEY WORK.

BUT ALSO VERY IMPORTANTLY IS TO PROVIDE THEM A CONTACT PERSON THAT IF THEY HAVE QUESTIONS, SOMEONE THEY MET, YOU KNOW, YOU KNOW, SOMEONE THEY KNOW THEY CAN CONTACT AND, AND, YOU KNOW, HAVE ANY QUESTIONS ANSWERED.

SO HOPEFULLY YOU CAN SEE THAT THIS IS, WE TAKE DISCLOSURE IS VERY IMPORTANT.

WE THINK IT'S, YOU KNOW, EVERYONE NEEDS TO KNOW WHEN THEY BUY A HOUSE HERE THAT THEY'RE GONNA BE PAYING A SPECIAL ASSESSMENT.

THERE'S MULTIPLE MEANS OF PROVIDING THAT DISCLOSURE.

AND, AND WE FOUND THAT THROUGH THIS REPETITIVE MEANS OF PROVIDING DISCLOSURE, THAT THE DISCLOSURE ACTUALLY DOES WORK VERY WELL.

THAT, THAT PEOPLE DO, YOU KNOW, TEND TO KNOW THAT THEY'RE PAYING THESE SPECIAL ASSESSMENTS.

BUT THAT'S SOMETHING VERY IMPORTANT TO US.

AND, UM, WE WANNA MAKE SURE THAT THAT DISCLOSED WELL.

OKAY.

SO LISTENING TO THE, THE THREAD OF THE WAY YOU'RE GOING TO, UM, LET PEOPLE KNOW THIS IS IN THERE, THERE, THERE'S LOTS OF INSTANCES WHERE THAT BALL'S GONNA GET DROPPED.

UH, AS A HOME BUYER MM-HMM .

I NEED TO KNOW WHEN I'M COMING TO LOOK AT A HOUSE TO BE PURCHASED IN, IN THIS PROPERTY, RIGHT OFF THE BAT, THE REALTOR'S GONNA TELL ME, OH, BY THE WAY, THIS PROPERTY HAS A SPECIAL ASSESSMENT AND THIS IS HOW MUCH IT'S GONNA BE AND THIS IS HOW MUCH IT'S GONNA ADD TO YOUR MORTGAGE.

MM-HMM .

I DON'T TRUST HOA DOCUMENTS BECAUSE WHEN I MOVED INTO HILTON HEAD LAKES, IT TOOK ME TWO YEARS OF FIGHTING WITH THE DEVELOPER TO GET MY COPY OF THE HOA DOCUMENTS AND IT WAS STILL NOT VERY COMPLETE.

SO I, THAT'S WHY I AM, I'M A LITTLE LEERY ABOUT ALL OF THESE STEPS THAT YOU'RE GIVING BECAUSE IT'S TELLING ME ALL OF THESE STEPS, THEY STILL A CHANCE FOR THE BALL TO DROP SOMEWHERE AND THEN THOSE FOLKS ARE GOING TO BE SLAPPED SIDEWAYS.

TWO THINGS I I I'LL TELL YOU ABOUT THAT IS ONE OF THE REASONS WE GO OUT TO THE PROPERTY AND MEET WITH THE SALES AGENTS IS, IS IF THEY DON'T UNDERSTAND IT, THEN THEY'RE NOT GOING TO MENTION IT.

'CAUSE THEY DON'T KNOW WHAT TO SAY.

THEY DON'T UNDERSTAND THEMSELVES.

WE WANNA MAKE SURE WE'RE EDUCATING THE SALES AGENTS SO THAT THEY UNDERSTAND IT.

IT'S NOT THAT COMPLICATED.

BUT IF THEY KNOW ABOUT IT, THEN THEY'RE A LOT LESS LIKELY TO NOT MENTION IT.

OKAY.

UM, AND, UM, WE ALL, I ALSO MENTION THAT WE WORK WITH THE SETTLEMENT AGENTS TO GET IT IN THE TAX ESCROW FROM THE TIME THEY BUY THE HOUSE.

'CAUSE THE BEST PRACTICAL DISCLOSURE IS THEY'RE PAYING IT FROM DAY ONE.

OKAY? IT'S THERE, IT'S IN THE TAX ESCROW.

USUALLY A TAX ESCROW IS FUNDED LIKE SIX MONTHS IN ADVANCE.

YOU KNOW, WHEN YOU BUY A HOUSE, WHEN YOU CLOSE ON IT, WE WANT THAT SPECIAL ASSESSMENT TO BE IN THERE.

THEY GET THE SETTLEMENT STATEMENT, THEY SIGN IT, THEY SEE EXACTLY WHAT'S IN THERE, YOU KNOW, THEY CAN, THEY CAN SEE THAT THAT ACCESS GROW IS INCLUDING THE SPECIAL ASSESSMENT.

SO WE'VE FOUND THAT, THAT THAT'S THE BEST DISCLOSURE.

THEY PAY IT FROM DAY ONE.

IT'S RIGHT THERE WHEN THEY BUY A HOUSE.

AND THAT'S WHY WE WORK CAREFULLY WITH THE SETTLEMENT AGENTS TO MAKE SURE THEY HAVE THAT INFORMATION.

THANK YOU.

KEENAN, IF I COULD ADD TO THAT REAL QUICK, JUST TO HELP EMPHASIZE THE, BECAUSE THERE'S A COUPLE OF INDIRECT WAYS IN WHICH THEY'RE GONNA GET INFORMATION OUT THERE, AND THEN THERE'S ALSO A COUPLE OF DIRECT WAYS, AND I THINK ONE OF THE DIRECT ONES IS PRETTY IMPORTANT TO YOUR CONCERN.

UM, SO WITHIN THIS RESIDENTIAL PROPERTY DISCLOSURE FORM, WHICH IS A MANDATORY DOCUMENT THAT HAS TO BE FILLED OUT FROM ONE BUYER

[00:55:01]

TO THE OTHER MM-HMM .

THEY HAVE TO IDENTIFY ON THERE THAT THIS PROPERTY IS SUBJECT TO A SPECIAL ASSESSMENT.

NOW IT DOES TAKE THE PURCHASING ENTITY TO READ THAT.

AND AGAIN, CAN'T, YOU COULD LEAD A HORSE TO WATER.

YOU MAY NOT BE ABLE TO MAKE 'EM DRINK, BUT THERE IS ABSOLUTELY UNEQUIVOCAL INFORMATION IN THAT PAPERWORK THAT IS GIVEN TO THEM BEFORE THEY CLOSE THAT STATES THAT THE PROPERTY IS SUBJECT TO A SPECIAL ASSESSMENT.

SO THEY WILL HAVE THAT AVAILABLE TO THEM BOTH DIRECTLY AND INDIRECTLY.

THANK YOU.

I THINK WE'RE AT THE QUESTION STAGE.

UM, I THINK ANY OF US WHO'VE BEEN, YOU KNOW, HAVE HELPED PRESENT, CAN ANSWER ANY, YOU KNOW, OBVIOUSLY YOU'VE HAD, YOU'VE ASKED QUESTIONS, WHICH I THINK IS GREAT AS WE'VE GONE ALONG.

BUT IF THERE'S ANY OTHER QUESTIONS, YOU KNOW, ANY OF US ARE HERE TO HELP ANSWER YOUR QUESTIONS.

I DO HAVE A FEW QUESTIONS.

NUMBER ONE, THE 3% INTEREST IS THAT COMPOUND INTEREST? WELL, IT'S, THAT'S THE INCREASE PER YEAR.

SO YES, EFFECTIVELY IT IS COMPOUNDED.

OKAY.

SO $600 ONE YEAR WILL BE $618 IN THE NEXT YEAR.

UNDERSTANDABLE.

AND SINCE WE'RE LOOKING AT A 30 YEAR, I UNDERSTAND THAT YOU, THE BUYER IS DISCLOSED THIS AT PURCHASE, IS THE BUYER TOLD WHAT THAT WILL BE AT THE END OF THE 30 YEARS? IT'S GONNA BE WHAT? UH, $1,600? WELL, IT'S A, IT'S A GOOD QUESTION.

WE CAN INCLUDE IT.

THERE'S NO REASON WHY WE CAN'T.

IT SHOULD.

IT, IT, IT, AND I'M LOOKING AT IT FROM CONSUMER PROTECTION THAT IT SHOULD ALWAYS BE MM-HMM .

UM, YOU KNOW, IT'S THAT, IT, IT'S A BIG, IT'S A BIG JUMP, RIGHT? UM, ESPECIALLY IN, YOU KNOW, TODAY'S MARKET.

YOU MAY BE DEALING WITH SOMEBODY THAT BY THE TIME THEY HIT THAT 30 YEAR IF THEY STAYED IN THE HOUSE MM-HMM .

THAT LONG.

THEY'RE GETTING, THEY'RE, THEY'RE GETTING OLDER, YOU KNOW? UM, I JUST BELIEVE IN THE, THE DISCLOSURE SHOULD BE THERE.

SAY, OKAY, AT YEAR 18, THIS IS WHAT IT'S GOING TO BE.

LET THEM MAKE THE DECISION.

AND I AGREE WITH WHAT YOU HAVE SAID ABOUT, IT'S UP TO THE PURCHASER, BUT I'VE ALWAYS BEEN TO THE, AND I'VE BEEN ON BOTH ENDS, A REAL, UH, THE SELLING AGENT, THE, UH, DEVELOPER'S SELLING AGENT THERE, THEIR JOB IS TO SELL HOMES.

MM-HMM .

A LOT OF THEM.

IF YOU DON'T ASK THAT RIGHT.

QUESTION AS A BUYER, YOU'RE NOT GONNA GET THE ANSWER.

IT'S NOT UP TO THEM TO TELL YOU ANSWERS THAT YOU DON'T ASK FOR.

MM-HMM .

AND I BELIEVE, YOU KNOW, IN ALL FAIRNESS TO THE BUYERS, THEY SHOULD KNOW.

WELL.

AND, AND I TOTALLY AGREE WITH THAT AS WELL.

WE TAKE PHONE CALLS FROM THE HOMEOWNERS.

MM-HMM.

OKAY.

SO WE PROVIDE A TOLL FREE NUMBER SO THEY CAN CALL US.

MM-HMM .

IT'S NOT PLEASANT.

IT'S A CALL AND SOMEONE SAYS, NO ONE TOLD ME ABOUT THIS.

I HAD NO IDEA WHAT'S GONNA PAY.

WE WANNA MAKE SURE THAT DOESN'T HAPPEN.

SURE.

UM, I DO FIND, GENERALLY BUILDERS WILL DISCLOSE IT FOR THEIR OWN PROTECTION.

'CAUSE THE, YOU KNOW, THEY HAVE, THEY ACTUALLY HAVE A LEGAL OBLIGATION TO DISCLOSE IT.

UM, WHAT WE WANNA MAKE SURE OF IS WE KNOW THERE'S A DIFFERENCE BETWEEN LEGAL DISCLOSURE AND PRACTICAL DISCLOSURE.

THE LEGAL DISCLOSURE, I CAN TELL YOU, THERE'S NO QUESTION IT WILL BE THERE.

A LOT OF HOME BUYERS DON'T REALLY READ THAT.

WE KNOW THAT.

OKAY.

SO THAT'S WHY WE WANT TO GO BEYOND, BEYOND THE LEGAL DISCLOSURE.

AND WE, WHAT WE FOUND IS THE BEST WAY TO GO BEYOND THAT IS, NUMBER ONE, IS TO MAKE SURE THE SALES AGENTS KNOW SOMETHING ABOUT IT.

AND WE DON'T JUST INVITE THE BUILDER SALES AGENTS, WE INVITE SALES AGENTS IN THE MARKET, YOU KNOW, WHO THEY, THEY TEND TO SPECIALIZE IN PARTICULAR AREAS, AND WE'LL INVITE THEM.

UM, BUT ANOTHER VERY IMPORTANT MEANS OF PRO PROVIDING THAT PROJECT DISCLOSURE, AS I MENTIONED, IS WHEN THEY GO TO CLOSING, IT'S IN THE SETTLEMENT STATEMENT.

OKAY.

AND THEIR TAX ESCROW IS BEING SET UP AND THEY'RE PAYING INTO THAT TAX ESCROW EVERY MONTH.

AND THEN MORTGAGE COMPANIES PAYING THAT.

SO GENERALLY WE FOUND, I MEAN, WE, YOU KNOW, I HOPE YOU CAN SEE FROM, YOU KNOW, ALL THESE DIFFERENT MEANS.

WE'RE TRYING REALLY HARD MM-HMM .

OKAY.

NOW YOUR COMMENT ABOUT THE 600 AND HOW IT GROWS, THESE DISCLOSURE FORMS ARE PREPARED BEFORE WE CLOSE ON THE BONDS.

MM-HMM .

I THINK THAT'S VERY IMPORTANT THAT THESE FORMS ARE ALL PREPARED BEFORE WE CLOSE ON THE BONDS.

SO WE'VE ALL HEARD YOU, AND THERE'S NO REASON WHY WE CAN'T HAVE A SCHEDULE THAT SHOWS THAT THAT NUMBER IS, I, I, I THINK A SCHEDULE IN THERE IS MM-HMM .

IT, IT COVERS EVERYTHING.

IT PROTECTS MM-HMM .

THE, THE PURCHASER, AND IT PROTECTS THE SELLER.

AND I CAN SAY THE FIRST HOME MY WIFE AND I, UH, BOUGHT, THERE WERE FIVE DOCUMENTS TO SIGN.

THE LAST ONE I BOUGHT, THERE WAS 58 DOCUMENTS TO SIGN.

THINGS HAVE DEFINITELY CHANGED.

AND AS YOU SAID, IN CLOSING MM-HMM .

ESPECIALLY A FIRST TIME BUYER, THEY ARE SO EXCITED.

THEY ARE NERVOUS.

THEY'RE SIGNING, AND THEY'RE SIGNING AND THEY'RE SIGNING.

RIGHT.

BUT THAT ONE SHEET OF PAPER THAT SAYS, THIS IS WHAT YOUR ASSESSMENT IS YEAR ONE, THIS IS WHAT YOUR ASSESSMENT IS, YEAR 30.

OKAY.

EVERYBODY IS COVERED.

THEY CAN'T COME BACK.

ANYBODY AND SAY, I DIDN'T KNOW.

YEAH.

I THINK THAT'S A GOOD IDEA.

COUNCILMAN MAYOR HAS BEEN TO THAT POINT.

ONE OF THE THINGS THAT I WAS TALKING ABOUT WITH PINA JUST NOW IS, UM, ASSUMING THAT THE, THE DEVELOPERS WOULDN'T HAVE ANY CONCERNS WITH THIS, I THINK WE COULD BUILD INTO THE ORDINANCE A REQUIREMENT THAT THE SALES AGENTS PROVIDE A COPY OF THAT SCHEDULE.

NOW, ABSOLUTELY.

THAT HELPS WITH THE INITIAL SALE.

ANY FUTURE RESALES, WE WOULDN'T HAVE THE ABILITY TO REQUIRE THAT.

BUT AT LEAST FOR ANY INITIAL ONE, WE COULD BUILD THAT IN.

I THINK TO THE LANGUAGE.

MY ASSUMPTION IS THEY'RE GONNA BE WILLING TO DO THAT ANYWAY, BUT WE CAN MAKE SURE THAT THERE'S TEETH BEHIND IT BY PUTTING IT IN THERE.

THANK YOU.

[01:00:01]

ALSO MENTIONED A WEBSITE ON, ON ALL THE DISTRICTS WE WORK ON, WE SET UP A, AN IMPROVEMENT DISTRICT WEBSITE, AND WE CAN INCLUDE THAT SCHEDULE ON THAT WEBSITE AS WELL.

THE ONLY THE OTHER QUESTION THAT I HAPPEN TO HAVE IS, I UNDERSTAND THIS IS COMPLETELY SEPARATE.

THERE IS NO WAY IF THERE IS A DEFAULT OR ANYTHING LIKE THAT, IT CAN JEOPARDIZE, UH, THE CITY'S BOND RATING.

THESE ARE COMPLETELY SEPARATE YES.

ENTITIES.

AND THAT'S WHY I WANTED, SO THERE'S, THAT'S NOT A GUESS.

OKAY.

YOU KNOW, THERE ARE A NUMBER, AS PAM MENTIONED, WE'VE BOTH BEEN THROUGH A NUMBER OF WORKOUTS.

OKAY.

PARTICULARLY AFTER 2008.

SURE.

UM, NOT A SINGLE TIME DID IT AFFECT ANY OF THEIR BOND RATING.

OKAY.

AND, AND, AND AS I MENTIONED, ONE COUNTY, WE ACTUALLY TRAVELED TO NEW YORK, MET WITH ALL THREE OF THE MAJOR RATING AGENCIES.

THAT VERY SPECIFIC QUESTION WAS ASKED.

AND THE RATING, UH, THE OFFICIAL WHO WAS A PRETTY SENIOR PERSON, S AND P, HE GAVE WHAT I THOUGHT WAS AN EXCELLENT ANSWER.

HE SAID, WE EXPECT YOU TO DO WHAT YOU PROMISED TO DO.

WE DON'T EXPECT YOU TO BAIL SOMEONE OUT.

YOU KNOW, THESE INVESTORS, PAM MENTIONED THESE BONDS ARE NOT SOLD TO, YOU KNOW, WHAT WE CALL WIDOWS AND ORPHANS.

MM-HMM .

SOLD TO INSTITUTIONAL SOPHISTICATED BUYERS.

THEY KNOW THE RISK.

YOU KNOW, THEY'RE VERY SMART.

THEY'RE, THEY'RE IN A GOOD POSITION TO TAKE THE RISK BECAUSE THEY HAVE VERY LARGE FUNDS THAT ARE VERY HIGHLY DIVERSIFIED.

SO THIS IS, YOU KNOW, LIKE 100 TO 1%, YOU KNOW, THESE BONDS OF THEIR FUND.

UM, YOU KNOW, AND THEY'RE COMPENSATED TAKE THAT RISK.

JUST LIKE IF YOU BUY OUR INSURANCE, THE FIRE INSURANCE COMPANY'S GONNA PAY OUT SOME CLAIMS, BUT THEY'RE PAID FOR THAT.

YOU KNOW, THAT'S THEIR BUSINESS.

IT'S THE SAME WITH THE BUYERS WHO BUY THESE BONDS.

OKAY.

THANK YOU.

WELCOME, JOSH.

I'LL TURN IT BACK OVER TO YOU, .

GOOD QUESTION.

THANK YOU, SIR.

UM, THANK YOU AGAIN, THE INTENT OF THIS EXERCISE WAS TO HELP EDUCATE ABOUT WHAT MIDS DO GENERALLY, AND THEN TO ALSO TALK ABOUT THE SPECIFIC ASPECTS OF THE HILTON HEAD LAKES WEST MID UNDERSTANDING THAT THERE'S GOING TO BE SEVERAL PROCEDURAL STEPS THAT ARE GONNA BE COMING FORWARD TO THIS BODY OVER THE NEXT SEVERAL WEEKS.

AND SO IF THERE ARE ANY ADDITIONAL QUESTIONS, UM, THAT AREN'T ANSWERED TODAY, THERE WILL BE SOME ADDITIONAL OPPORTUNITIES FOR US TO GET THOSE QUESTIONS ANSWERED.

BUT OTHERWISE, WANTED TO CHECK TO SEE IF THERE'S OTHER, UH, QUESTIONS OR CONCERNS ABOUT THIS PARTICULAR ISSUE BEFORE WE MOVE ON TO THE SECOND ITEM ON OUR WORKSHOP.

WELL, SEEING NOTE TAKERS.

THANK YOU EVERYONE FOR THIS, UH, THIS LESSON.

I THINK IT WAS VERY INFORMATIVE.

THANK YOU.

THANK YOU.

ALL RIGHT.

OKAY, MR. GRUBER, YOU WANNA TAKE IT AWAY FOR BE YES, SIR.

SO WITH HAVING THE WORKSHOP TODAY, WE THOUGHT IT WOULD BE A GOOD OPPORTUNITY TO TALK ABOUT, UH, ANOTHER ITEM THAT WILL BE COMING BEFORE YOU HERE SHORTLY.

AND IT'S A QUESTION OF OUR NOTIFICATION PROCESS.

UM, IN OUR CODE CURRENTLY, WE HAVE STANDARDS THAT OUTLINE WHO IS SUPPOSED TO TAKE OUT NOTIFICATIONS FOR WHAT TYPES OF PROJECTS, AND THEN WHAT THE DETAILS ARE ABOUT HOW THAT NOTIFICATION

[B. MUNICIPAL ZONING AND DEVELOPMENT ORDINANCE (MZDO)-]

GETS ISSUED.

UM, SOMETIMES IT'S AN ADVERTISEMENT IN THE PAPER.

SOMETIMES IT'S A POSTING OF A SIGN ON THE PROPERTY.

OTHER TIMES IT COULD BE SENDING CERTIFIED LETTERS TO ADJOINING PROPERTY OWNERS.

SO, UM, A COUPLE OF MONTHS AGO, I SPOKE WITH SEVERAL MEMBERS OF OUR PLANNING COMMISSION AND THEY'D EXPRESSED SOME CONCERNS ABOUT OUR EXISTING STANDARDS.

SO I CHALLENGED STAFF TO DO A SURVEY OF OTHER COMMUNITIES IN OUR STATE TO TRY TO DETERMINE WHAT BEST PRACTICES FOR THIS MIGHT LOOK LIKE.

AND SO THEY DID THAT EXERCISE, UH, AND BASED UPON THE INFORMATION THAT THEY WERE ABLE TO DETERMINE, PUT TOGETHER A SERIES OF RECOMMENDED CHANGES TO OUR LAND MANAGEMENT ORDINANCE.

UM, I'M SORRY, NOT LAND MANAGEMENT ORDINANCE, OUR MZDO.

SORRY.

UH, YES.

SO OUR MZDO, UM, THOSE CHANGES HAVE BEEN BROUGHT FORWARD TO THE PLANNING COMMISSION.

THEY'VE REVIEWED THEM, THEY'VE INDICATED THEIR SUPPORT FOR THEM.

BUT BEFORE THEY GO ON YOUR AGENDA FOR FORMAL CONSIDERATION, WE WANTED AN OPPORTUNITY TO TALK WITH YOU ABOUT WHAT THOSE CHANGES CONSIST OF, AND THEN ANSWER ANY QUESTIONS OR CONCERNS THAT YOU MIGHT HAVE.

SO WITH THAT, I'LL TURN IT OVER TO BRIANNA SO THAT SHE CAN WALK YOU THROUGH THE SCOPE AND EXTENT OF WHAT WE ARE PROPOSING.

GOOD AFTERNOON, AND THANK YOU FOR THIS OPPORTUNITY.

UM, I HATE TO SOUND LIKE A PLANNING GEEK, BUT I THINK KATIE AND I ACTUALLY HAVE REALLY ENJOYED THIS PROCESS AND LEARNING, UM, HOW WE CAN BETTER HELP THE CITIZENS OF HARDY BILL AND OUR PLANNING COMMISSION AND COUNCIL.

AND, UM, THE PUBLIC NOTIFICATION PROCESS IN STATE LAW IS BASED ON A PUBLIC HEARING, AND THAT IS AN OFFICIAL PUBLIC HEARING WHERE YOU, UM, GO THROUGH AND TO, TO ADOPT AN ORDINANCE OR A VARIANCE OR AN APPEAL OR THOSE TYPE, EXCUSE ME, A SPECIAL EXCEPTION.

[01:05:01]

THOSE TYPES OF THINGS THAT YOU'RE REQUIRED TO HAVE PUBLIC HEARINGS FOR.

UM, CURRENTLY OUR PLANNING COMMISSION DOES NOT HAVE PUBLIC HEARINGS.

THEY HAVE PUBLIC MEETINGS.

UM, SO WE TOOK THAT IN CONSIDERATION.

OUR PUBLIC HEARINGS TAKE PLACE AT AT COUNCIL LEVEL.

UM, BUT WE KNOW HOW IMPORTANT THE PLANNING COMMISSION IS.

AND I THINK THAT WAS ONE OF THE BIG THINGS TO, TO GET AHEAD OF STATE LAW AND GET AHEAD OF, OF, OF WHAT'S GOING ON WITH OUR, OUR PROCESS.

SO THE PLANNING COMMISSION DID REQUI REQUEST, UM, THIS FROM US BASED ON INCREASED DEVELOPMENT APPLICATIONS AND INCREASED PUBLIC INTEREST.

UM, WE NEEDED MORE ENGAGEMENT WITH OUR PROCESS EARLIER ON.

UM, AND SO WHAT WE PUT IN THE MCDO LA THAT WAS ADOPTED LAST YEAR IS A NOTIFICATION SEVEN DAYS PRIOR TO PLANNING COMMISSION.

THE APPLICANT DOES THE, DOES THE NOTIFICATION NOTIFICATION.

UM, IT'S BEEN A LONG DAY ALREADY, CAN YOU TELL? UM, AND, UM, IT WAS SENT BY CERTIFIED MAIL TO ADJACENT PROPERTY OWNERS.

AND THAT ADJACENT PROPERTY OWNERS IS, WAS THE IMPORTANT PART.

WE HAVE ALWAYS DONE WHAT STATE LAW REQUESTED WITH PUTTING AN AD IN THE NEWSPAPER 15 DAYS IN ADVANCE, AS WELL AS POSTING THE PROPERTY, PUTTING A, A SIGN ON THE PROPERTY.

UM, WE DIDN'T SEEM TO BE HAVING AS MANY CONCERNS WITH THAT AS WE DID WITH THOSE NOTIFICATIONS GOING OUT.

UM, SO WE COMPARED STATE LAW, WE COMPARED SOME NEIGHBORING JURISDICTIONS.

WE, ONCE KATIE AND I CAME UP WITH SOMETHING, OR STAFF CAME UP WITH SOMETHING, WE, WE SENT IT BACK OUT TO THE PLANNING COMMISSION TO ASK FOR MORE INPUT BEFORE WE FINALLY DRAFTED WHAT WENT BEFORE THEM FOR CONSIDERATION.

AND, UM, A LOT OF THAT WE REALIZED WAS NOT JUST ON WHEN AND HOW THEY WERE SENT OUT TO WHOM, BUT THE, WHETHER IT WAS CERTIFIED MAIL OR US FIRST CLASS MAIL.

AND, AND IT MADE A BIG DIFFERENCE TOO, IN OUR, IN OUR NEIGHBORHOODS.

WE NOTICED THAT FOR, UM, THINGS, PLACES LIKE RETIREMENT COMMUNITIES, WHEN THEY COULD GO TO MAKE IT TO THE POST OFFICE, THEY HAD TIME.

THOSE PEOPLE WERE PICKING UP THEIR CERTIFIED MAIL.

SOME OF THE OLDER DISTRICTS IN AREA, UM, THAT WE'VE DEALT WITH BURG, RED DAM, UM, THEY WEREN'T GETTING THEIR CERTIFIED MAIL, SO WE HAD TO LOOK AT CONSIDERATIONS.

SO THAT LED US TO LOOKING AT NEIGHBORING JURISDICTIONS.

AND, UM, FIRST OF ALL, AS IT SAYS FOR THE NEWSPAPER, 15 DAYS PRIOR TO THAT PUBLIC HEARING, NOT NECESSARILY THE PLANNING COMMISSION MEETING ON THIS TWO JURISDICTIONS, US IN THE TOWN OF BLUFFTON WERE ALREADY DOING PRIOR TO PLA PRIOR TO PLANNING COMMISSION.

ALL THE OTHERS ARE PRIOR TO THAT PUBLIC HEARING AT COUNCIL.

UM, SO IF THAT HELPS YOU ANY WITH THAT, UH, COMPARISON.

UM, SO WHAT WE CURRENTLY HAVE, SEVEN DAYS PRIOR TO PLANNING COMMISSION, UM, WE FOUND THAT, UM, AN ADJACENT PROPERTY OWNERS, WE LOOKED AT THE, THE DISTANCE, UM, BLUFFTON 200 FEET FROM THE PROPERTY LINE.

HILTON HAD 3, 350.

JASPER COUNTY, BEAUFORT COUNTY.

THE MORE RURAL AREAS IS BIGGER LOTS.

UM, AND THEN WE LOOKED AT, YOU KNOW, BE BEAUFORT AND PORT ROYAL AS WELL.

UM, WE DID FEEL LIKE WE WERE MOST IN, IN A COMPARISON MOST CLOSELY ALIGNED WITH OFTEN.

UM, AND HOW COULD WE MAKE IT WORK FOR US? UM, SO THAT IS WHERE WE CAME UP WITH OUR RECOMMENDATION AND WE WENT TO PLANNING COMMISSION.

WE, UM, WORKED IT OUT A LITTLE BIT MORE AT PLANNING COMMISSION.

AND THIS IS WHAT WE FINALLY CAME WITH.

UM, REMOVE ADJACENT PARCELS AND REPLACE WITH 500 FEET WITH FEWER WITHIN 500 FEET OF A PROPERTY LINE THAT'S GOING UNDER, UH, CONSIDERATION FOR A CHANGE THAT WOULD NEED A PUBLIC HEARING.

THEN YOU'RE GONNA GET A NOTIFICATION LETTER.

AND THAT IS DONE THROUGH GIS.

UM, WE PROVIDE THAT TO THE APPLICANT'S REPRESENTATIVES FOR THEM TO SEND IT OUT.

UM, INCREASE THE REQUIREMENT FROM SEVEN DAYS PRIOR TO PLANNING COMMISSION TO 14 DAYS.

WE TALKED ABOUT A NUMBER OF DIFFERENT THINGS, UM, UH, TIMES LIMITS.

BUT, UM, WHEN IT CAME DOWN TO WHAT WE THOUGHT THAT 14 DAYS WAS GOOD, NOT TOO FAR OUT IN THE FRONT, IN FRONT OF IT, BUT IT WAS CLOSE ENOUGH, UM, THAT IT GAVE US THE, UM, ABILITY TO REACH AS MANY PEOPLE AS POSSIBLE, REMOVE THE REQUIREMENT FOR CERTIFIED MAIL.

UM, BASICALLY FOR THE, THE SITUATION WE KNOW AND HARDY BE, A LOT OF PEOPLE HAVE POST OFFICE BOXES, OR THEY HAVE THE MAILBOX BY THEIR HOUSE.

YES.

THE NEW MAIL KIOSK OR A NEW AND DIFFERENT THING IN THE NEWER COMMUNITIES.

BUT IN, IN OLDER HARDY V AND THE MORE ESTABLISHED COMMUNITIES THAT HAVE BEEN HERE FOR YEARS, THEY DIDN'T HAVE THAT ABILITY.

THEY WEREN'T ABLE TO GET TO OUR POST OFFICE.

UM, COMMISSIONER, UM,

[01:10:01]

LANDON PEPE ALSO MENTIONED HARDY POST OFFICE HAS VERY DIFFERENT HOURS THAN POST OFFICES IN THE NEIGHBORING JURISDICTION CLOSE AT FOUR 30.

THEY'RE NOT OPEN ON WEDNESDAY AFTERNOONS.

THEY OPEN AT NINE O'CLOCK.

I MEAN, IT'S JUST A VERY DIFFERENT, GETTING THERE PRIOR TO WORK OR AFTER WORK IS, IS A LITTLE DIFFERENT.

SO, UM, PLAN COMMISSION DISCUSSED IT AND DID SIT DIFFERENT ABOUT, REQUIRED TO REMOVE THAT CERTIFIED MAIL.

BUT THE OTHER THING THEY HAD DID WAS ASK FOR, WE ARE ASKING FOR AN AFFIDAVIT OF IT FROM THE APPLICANT'S REPRESENTATIVES OR THE APPLICANT SAYING THAT THEY NOTICE HAS BEEN SENT THAT GIVES US THAT LEGAL, WE KNOW THAT SENT OUT WAS SENT OUT.

WE HAVE THAT TRAIL.

AND, UM, THEY WILL SCAN IT IN.

WE'LL MAKE SURE THAT THAT'S INCLUDED IN THE, THE LETTER AND THAT AFFIDAVIT IS INCLUDED IN THE PACKET THAT GOES TO PLANNING COMMISSION AND THUS TO, TO CITY COUNCIL.

UM, WE THOUGHT THAT WAS A GOOD SUMMARY.

SO THAT'S WHAT THE RECOMMENDATION IS.

UM, OBVIOUSLY WE'LL CERTAINLY TAKE MORE INPUT, UM, AS WE'RE WORKING THROUGH IT, BUT WE, WE FELT LIKE WE LOOKED AT EVERY SCENARIO AND CAME UP WITH THE BEST OVERALL SITUATION FOR, UM, RECOMMENDATION FOR THIS PROCESS.

CAN I PLAY DEVIL'S ADVOCATE? AND IT WAS UNANIMOUS.

SORRY, CAN I PLAY DEVIL'S ADVOCATE? YES, SIR.

I'M THE PROPERTY OWNER OUT THERE ON BURG.

UM, I NEVER GOT THAT AFFIDAVIT.

NO.

THE AFFIDAVIT WOULD GO TO WITH THE APPLICATION TO THE PLANNING.

NO, BUT I, BUT I NEVER GOT THE LETTER THERE IS, WE'VE HAD THAT, THE DEVIL'S ADVOCATE THAT I'M PLAYING IS, IS THESE PEOPLE, EVEN THOUGH THE APPLICANT HAS GIVEN YOU US AN AFFIDAVIT, THE RESIDENT'S GONNA SAY, I DIDN'T GET THE LETTER.

IT COMES BACK TO THE POST OFFICE.

WHY DON'T WE HAVE THE, THE APPLICANT DO THE CERTIFIED AND THE MAIL? I DON'T YOU KNOW THAT, THAT BECAUSE THE, THE CERTIFIED IS THE COST END OF IT.

THE, THE REGULAR MAIL, THAT'S ANOTHER 50 75 CENTS OF THEM DOING IT.

THEN THE, THE RECIPIENT REALLY CANNOT DENY THEY'VE HAD TWO CHANCES TO GET THAT.

THAT IS, THAT IS DEFINITELY DOABLE.

I THINK, YOU KNOW, WE, WE'VE COVERED OURSELVES.

I DON'T WANT THESE PEOPLE COMING BACK AND HOLLERING AT THE COUNCIL LIKE THEY DID THAT.

WE NEVER GOT THE LETTER THAT'S BETWEEN THEM AND THE POST OFFICE, BUT THE POST OFFICE WASN'T HERE THAT NIGHT.

YOU KNOW, THROW THAT EXTRA, UH, REQUIREMENT IN THERE AND WE'VE COVERED OURSELVES.

WE THEY CAN'T COME BACK AT US THEN.

THAT IS, THAT IS CERTAINLY THE, THE ASPECT THAT WE'RE LOOKING AT TO GET TO COVER AS MANY OPTIONS AS POSSIBLE.

I MEAN, I, I KNOW YOU GUYS ARE TRYING TO GET AWAY FROM THE, UM, CERTIFIED MAIL THING, BUT WOULDN'T IT HELP WITH HAVING A RETURN SIGNATURE ON THAT SAYING THAT IT WAS DELIVERED? THEY, WHAT WE'RE FINDING IS EVEN IF WE HAVE THE RETURN SIGNATURE ON THERE, THESE PEOPLE ARE NOT GOING TO PICK IT UP.

PICK IT UP.

YEAH.

AND, AND SO THEY SAY THAT THEY'LL STILL SAY THEY WERE NOT INFORMED AND IT'S THE SAME THING OVER AND OVER.

AND, AND SOME OF IT I THINK GOES BEYOND THE, UM, IF THEY'RE LOCATED IN THE CITY LIMITS, GOES BEYOND THE NOT GETTING TO THE POST OFFICE, BUT ALSO THEY'RE AFRAID IT'S A CODE ENFORCEMENT NOTICE OR SOMETHING LIKE THAT.

AND THEY DON'T WANT PICK IT UP .

YEAH.

WELL, I, I THINK THAT THERE ARE PEOPLE WHO ARE GONNA SAY THEY DIDN'T GET THE LETTER REGARDLESS, AND THERE'S SITTING UP HERE, THEY'RE HERE AND SAID, I DIDN'T GET THE LETTER.

WELL THEN HOW'D YOU GET HERE? YOU KNOW, IT.

SO, UM, I DON'T HAVE A ONE WAY OR ANOTHER CERTIFIED OR NONE, BUT, YOU KNOW, UH, PEOPLE WILL, PEOPLE WILL SAY WHAT THEY WANT TO SAY.

YES, SIR.

YOU KNOW, BUT, UM, YOU KNOW, AT LEAST IF I THINK THE POINT IS WE HAVE SYSTEMS IN PLACE THAT WE COULD SAY, WE DID THIS, THIS, THIS, AND THIS.

AND IF THE CERTIFIED MAIL IS ONE OF THE, THIS IS, HEY, YOU KNOW, LET'S, LET'S DO IT.

I WOULDN'T TAKE ANYTHING AWAY.

OKAY.

IF WE WERE DOING CERTIFY, I AGREE WITH STEVE.

IF IF WE WERE DOING IT BEFORE, LET'S NOT TAKE ANYTHING AWAY.

ABSOLUTELY.

WE'LL, WE, I MEAN, WE ALSO LET THEM KNOW WHEN THE NEXT MEETING IS, WHEN EVERYBODY IS SITTING IN THE AUDIENCE AND WE TELL THEM, THIS IS GONNA COME UP IN A WEEK, TWO WEEKS.

WE TELL THEM THAT, AND THEY'RE SITTING RIGHT THERE.

SO I DON'T KNOW HOW THEIR SOCIAL MEDIA IS BETTER THAN THE POSTER OFFICE .

YEAH, YEAH, YOU'RE RIGHT.

WELL, YOU KNOW, THE CLARIUS, AND I DON'T THINK YOU TWO WERE HERE AT THE TIME, BUT BO AND JOHN WERE, WE HAD, I DON'T KNOW HOW MANY MEETINGS WITH THE PUBLIC, FOUR CLARIUS HAD AT THEIR COMMUNITY CENTER,

[01:15:01]

A MEETING WITH, WITH THEM THAT NOT AT COUNCIL.

AND WE HAD PEOPLE WHO SAID THEY DIDN'T, DIDN'T KNOW ANYTHING ABOUT IT.

AND SOME OF WHICH, LIKE MR. HARPER, HE, HE DIDN'T KNOW.

BUT, YOU KNOW, IT WASN'T FOR LACK OF US TRYING TO, UH, ENGAGE THE PUBLIC.

I MEAN, IT WASN'T LIKE ONE OKAY, ONE MEETING WE'RE OUTTA HERE, THERE WERE A NUMBER OF 'EM.

I DON'T REMEMBER HOW MANY MEETINGS WE HAD, BUT IT WAS QUITE A FEW.

WE HAD ONE, THE, THE APPLICANT USED CITY HALL ONE NIGHT FOR ONE OF THOSE MEETINGS WITH, WITH VARIOUS, AND IT WAS NOT FUN.

UH, WELL, KATIE AND HAPPENED TO BE HERE AND IT, IT WAS, WE HAD A COUPLE WORKSHOPS, TWO READINGS.

THERE WAS, THERE WAS A LOT, A LOT.

AND YET THERE WAS STILL TODAY THEY SAY, OH, THEY DID IT AND NOBODY EVER TOLD US.

I HAVE A QUESTION.

YES, SIR.

THE OTHER SIDE OF WHAT HARRY'S SAYING, AND THAT IS INTERNALLY FOR US, ALL THESE THINGS CAN HAVE DIFFERENT TIMES AND DIFFERENT MAILING DATES AND STUFF LIKE THAT.

DO WE HAVE THE INTERNAL CAPABILITY TO MANAGE THIS? ABSOLUTELY.

WITH THE TIMEFRAMES THAT WE'RE TALKING ABOUT, BECAUSE THAT IS THE CRITICAL FACTOR, NOT WHAT THEY SAY, BUT WHAT WE CAN DO TO GET THE INFORMATION OUT THERE.

AND I DON'T, I'M NOT SAYING IT FROM A CRITICAL POINT OF VIEW.

I'M SAYING IT FROM A LOGISTICAL POINT OF VIEW AND THERE'S A LOT OF BALLS TO MAKE THIS WORK.

DO WE HAVE THAT CAPABILITY INTERNALLY? IS IT JUST THE TWO OF YOU? OR IT'S NOT, IT'S ACTUALLY THE WHOLE DEPARTMENT IS, IS USUALLY IN ON THIS .

UM, UM, AND WE WILL, I'LL TALK A LITTLE BIT MORE ABOUT WHAT WE'LL BE DOING IN THE FUTURE WITH ZONING HUB IN JUST A MOMENT.

BUT, UM, OUR, OUR ZONING SPECIALIST, ASHLEY MOODY, YOU'VE KNOWN ASHLEY FOR YEARS.

SHE IS A MASTER AT, AT GETTING THESE OUT.

UM, THE TRICK HAD FOR US HAS BEEN OUR MEETING DATES KEEP CHANGING.

UM, YOU KNOW, FOR VARIOUS REASONS.

AND THEY HAVE TO.

UM, I WILL SAY THAT THE APPLICANTS HAVE BEEN VERY, VERY GOOD IN THE PAST COUPLE OF MONTHS ABOUT SENDING OUT MULTIPLE NOTIFICATIONS.

THOSE MEETING DATES CHANGE, THEY GET IT RIGHT OUT.

AND WE HAVE TRACK OF IT.

THEY, THEY SEND EVERYTHING TO ASHLEY.

SHE GIVES 'EM THE ADDRESSES, UH, THAT WE HAVE FROM THE PARCEL INFORMATION, PARCEL DATA.

UM, AND IT IS A VERY SEAMLESS PROCESS RIGHT NOW.

AND, UM, KATIE AND I, SHE, SHE NOTIFIES KATIE AND I, WE CHECK ON IT.

WE TAKE THE PHONE CALLS.

I'M USUALLY, SOMEHOW KATIE'S NAME GETS PUT ALL OVER EVERYTHING.

AND, AND I KEEP A BOOK OF EVERYBODY WHO CONTACTS ME AND WHAT DAYS THEY, UH, CONTACT ME AND I CAN TELL YOU, UH, SUN CITY IS ON IT.

'CAUSE LIKE THE DAY AFTER THEY GO OUT, I START GETTING EVERYBODY CALLING ME.

UM, BUT I KEEP A BOOK OF EVERYBODY AND THAT WAY AS MEETING DATES CHANGE, EVEN THOUGH THE APPLICANT'S GETTING STUFF OUT, I HAVE THEIR CONTACT INFORMATION AND I, ASHLEY AND I CAN TELL THEM BY EMAIL OR BY PHONE, HEY, A DATE CHANGED IF YOU WANNA ATTEND, COME THIS DAY INSTEAD.

UM, SO, AND WE'VE GOT EVERYTHING ON THE WEBSITE STARTING WITH PLANNING COMMISSION, NOT JUST COUNCIL.

SO, UM, JESS HAS BEEN HELPING US IN MEDIA WITH THAT.

UM, AND SO THEY CAN ALWAYS GET TO THE INFORMATION AND SEE THAT.

AND THAT'S HELPING TOO.

WE, WE'VE COME A LONG WAY SINCE LAST OCTOBER WHEN WE FIRST, THIS FIRST REALLY KIND OF BLEW UP IN OUR FACE , UM, ZONING HUB, WHICH WE ARE, UH, THANK GOODNESS WE HAVE THAT GIS SPECIALIST NOW IN, IN PLACE TOO BECAUSE HE IS WORKING, UM, FURIOUSLY, HE AND KATIE AND, AND ASHLEY TOO.

WE'RE GONNA START GETTING HER APPLICA THEM APPLICATIONS ON, UM, GETTING IT SET UP AT THAT POINT.

AS SOON AS THAT PERSON GETS THAT NOTICE, THEY CAN GO ON ZONING HUB WHEN IT'S LIVE, DROP A PEN AND SAY ANYTHING THAT HAPPENS ANYWHERE IN THE CITY OR ANYTHING THAT HAPPENS IN BURG, WHEREVER I WANT ALL NOTIFICATIONS AND ZONING HUB WILL SEND IT OUT.

WOW.

AS SOON AS WE SCHEDULE IT.

SO, UM, AND THEY CAN GO IN AND LOOK AT THE DOCUMENTS AND, AND ALL OF THAT.

SO WE ARE VERY, UM, PLEASED THAT WE FOUND THIS ONE AND THAT, UM, WE HAVE MONEY IN OUR BUDGET FOR IT.

AND, UM, WE'RE A FEW WEEKS BEHIND RIGHT NOW, BUT THAT WAS JUST GETTING SOME OF THAT GIS STUFF IN PLACE.

OKAY.

I'D LIKE TO COMMEND YOU ALL AND THE STAFF.

TWO YEARS AGO WHEN VAL AND I CAME ON THE COUNCIL, I THINK IT WAS FARM ON MAINE, THAT BLEW UP LITTLE SIGNS.

THAT'S ALL WE HAD.

AND HERE'S WHERE WE ARE TODAY.

YOU INCORPORATED IT INTO THE MZDO BASED UPON THE RECOMMENDATIONS OF COUNCIL.

WE'VE COME A LONG WAY AND I THINK WE ARE AT THE POINT WHERE WE ARE DOING EVERYTHING WE POSSIBLY CAN.

JOSH SAID IT EARLIER, YOU CAN LEAD A HORSE TO WATER, BUT YOU CAN'T MAKE 'EM DRINK.

[01:20:01]

YOU CAN NOTE, TRY TO NOTIFY 'EM ALL YOU WANT, BUT IF THEY DON'T WANT TO COME TO THE MEETING, THEY'RE GONNA COME BACK AND SAY, I NEVER GOT A NOTICE.

SO, YOU KNOW, KUDOS TO ALL OF YOU FOR WHAT YOU'VE DONE.

THANK YOU.

I THINK THE 500 FEET IS GONNA BE A BIG HELP GOING UP.

LINDA.

THANK YOU.

PAY, UH, RIGHT HERE ON EPS PART OF, WOULD YOU PUT THREE MINUTES UP? YEAH.

.

UM, I DID WANNA SAY THE PLANNING COMMISSION.

WE DID, WE DID ALL AGREE 500 FEET.

I DID WANT TO SAY THAT I HAD SAID SEVEN 50 I BELIEVE IS WHAT I HAD SAID.

OR DID I SAY A THOUSAND? NO, I GOT YOU.

SO MY WHOLE THOUGHT PROCESS ON THAT WAS NUMBER ONE, THE BURDEN DOESN'T LIE ON THE CITY, LIES ON THE DEVELOPER.

BUT I THOUGHT THE MORE NOTICED, THE BETTER.

OBVIOUSLY ANY IMPROVEMENT TO WHAT OUR CURRENT IS.

MY THOUGHT PROCESS IS RIGHT BEHIND MY HOUSE, PHASE TWO, ROYAL LIFE OAKS, IT'S 521 FEET AWAY FROM MY PROPERTY LINE.

SO I WOULD'VE NEVER BEEN, I, I STILL DIDN'T KNOW WHEN THAT HAPPENED 'CAUSE I WASN'T ADJACENT.

AND SO, YOU KNOW, MY WHOLE THOUGHT PROCESS ON THAT IS IF I WOULD'VE KNOWN, I PROBABLY WOULD'VE CAME TO SOME MEETINGS, TALKED ABOUT IT, TALKED ABOUT MY CONCERNS.

'CAUSE OBVIOUSLY THE WATER DRAINS THAT WAY AND DRAINS TO A PUMP.

I'M BEING TOLD THAT'S GOING TO BE EVENTUALLY REPLACED.

THAT HASN'T BEEN REPLACED.

THAT CAUSES FLOODING IN MY BACKYARD LEACH FIELD ISSUES WITH MY SEPTIC TANK.

SO THOSE ARE ISSUES I HAD THAT I COULD HAVE BROUGHT UP THEN VERSUS KIND OF TRYING TO FIGURE OUT NOW.

BUT IF I KNOW YOU GUYS HAVE THE ULTIMATE SAY SO 500 FEET IS, I'VE CONCEDED TO THAT, BUT ANYTHING YOU WENT HIGHER THAN THAT, I WOULD BE HAPPY AS WELL.

FIVE MORE.

SO 5 25.

ALL RIGHT, .

WELL, I FIGURED THE MORE, THE MORE NOTICE WE GET FOR OUR RESIDENTS, THE MORE WE'RE NOT TRYING TO HIDE SOMETHING BECAUSE I DON'T, WE'RE NOT TRYING TO HIDE SOMETHING.

WE JUST HAVE TO KNOW THE RIGHT FORMS OF COMMUNICATION.

AND THAT'S, AT THE END OF THE DAY, WE'RE TRYING TO DO DOES IT, UH, TO YOUR POINT, JUST THINKING OF THERE ARE CERTAIN AREAS AND WHERE 500 FEET, THERE'S NOTHING BUT TREES.

YEAH.

BUT A THOUSAND FEET.

SO IS THERE A, LIKE A TRIGGER THAT IF THERE ARE NO HOMES WITH HIM, 500 FEET IT GOES TO A THOUSAND, SOMETHING LIKE THAT? I THINK THE, OR JUST JUST USING OUR COMMON SENSE THAT, YOU KNOW, UH, AND I'M USING HIS EXAMPLE, I IT'S NOTHING BUT TREES BETWEEN YOU AND ROYAL OAKS, RIGHT? CORRECT.

WELL, IT'S, YEAH.

IT'S ANOTHER, A SEPARATE PARTIAL, CORRECT.

RIGHT.

SO WHAT I'M SAYING IS YOU COULD, YOU COULD HAVE 500 FEET, BUT NOBODY'S AROUND 500 FEET.

AND AND THAT'S PARTICULARLY, YOU KNOW, WE HAVE A LOT OF UNDEVELOPED AREAS THAT COULD BE, SO LAST TWO THAT WENT TO PLANNING COMMISSION YESTERDAY, UM, BOTH WERE OUT IN MORE REMOTE AREAS.

UM, AND THERE WERE NOTIFICATIONS THAT WENT OUT.

UM, THERE WEREN'T A LOT.

WE STILL GOT CALLS.

WE, WE STILL GOT A NUMBER OF CALLS WITH, WITH, AND THEN THAT WAS DOING THE ADJACENT PARCELS.

UM, I, I THINK THAT, UM, WHEN, WHEN ASHLEY PULLS IT UP AND FIGURES OUT WHAT IT IS, WE ALL, WE ALL DISCUSS IT.

LIKE I SAID, THE WHOLE DEPARTMENT GETS IN ON IT.

AND WE CERTAINLY CAN HAVE SOME PROVISION IN THERE.

SO WE'LL COME UP WITH SOME WORDING THAT SAYS, YOU KNOW, IF IF ADJACENT PARCEL, I MEAN THE 500 FEET DOESN'T COVER ANYBODY.

YEAH.

IT'S SEVEN 50 AND BA THE MAX I WOULD SAY WOULD BE SEVEN 50 AND THE 500 WOULD COME INTO PLAY IF, IF IT'S A, THE PARCELS WOULD LAY, I MEAN GIS YOU COULD SET THAT UP THROUGH THAT PROGRAM.

CORRECT.

YEAH.

AND WE HAVE ACTUALLY ASKED ON A COUPLE OF OCCASIONS WHERE WE DIDN'T THINK NOTICE WAS GOING FAR ENOUGH WITH THE, JUST THE ADJACENT.

AND, AND EVERYBODY HAS BEEN VERY COOPERATIVE OF ALL THE APPLICANTS.

THEY, WE HAVEN'T HAD ANY PUSHBACK OF SENDING OUT ADDITIONAL.

SO I THINK WE'RE KIND OF ALREADY DOING THAT IN PRACTICE AND HAPPY TO CONTINUE PUT IT IN.

THAT'S, I I THINK WE CAN ADD SOME LANGUAGE THAT SETS THE STANDARD AT 500.

HOWEVER, IF NO PROPERTIES LIE WITHIN THAT 500 FOOT RADIUS, THE CITY WOULD HAVE THE AUTHORITY TO IDENTIFY THE ADJOINING PROPERTY OWNERS THAT WOULD NEED TO BE NOTIFIED.

NO, PUT THE LANGUAGE IN THERE.

'CAUSE THEN WE, WE HAVE, WE CAN ALWAYS SAY TO OUR, ANYBODY WHO QUESTIONS, WELL, WE DO THAT.

YEP.

I, I DO WANNA BE CAREFUL THOUGH.

'CAUSE AGAIN, WE COULD GO UP TO, YOU KNOW, 15,000 FEET .

NO, BUT THE REALITY FOR, FOR MOST LARGE DEVELOPERS, YEAH, IT'S NOT A BIG DEAL BECAUSE THEY HAVE PLENTY OF FUNDING.

WHAT I WANNA BE CAREFUL OF IS IF I'M A PROPERTY OWNER JUST MYSELF AND I NEED TO GET A VARIANCE FOR WHATEVER I'M DOING, I'M BUILDING A DECK, I'M BUILDING A POOL, WHATEVER.

NOW I HAVE TO PAY TO NOTIFY ALL OF THOSE PEOPLE.

SO IT'S NOT JUST THE LARGE DEVELOPMENTS.

WE ALSO HAVE TO BE RESPECTFUL OF THE SMALLER PROPERTY OWNERS AS WELL AND TRY TO STRIKE A LITTLE BIT OF THAT BALANCE.

BUT IF THE POINT OF THIS EXERCISE, IT'S TO MAKE SURE THAT PEOPLE AROUND THE AREA ARE GETTING NOTIFIED, THEN WE NEED TO MAKE SURE THAT THAT HAPPENS.

AND SO I THINK WE CAN COME UP WITH SOME

[01:25:01]

LANGUAGE THAT IF 500 FEET DOESN'T GET THE JOB DONE, THEN WE'LL TELL YOU WHAT YOU NEED TO DO TO MAKE SURE THE JOB GETS DONE.

OKAY.

YEAH, I THINK THAT'LL WE CAN DO THAT VERY EASY.

OKAY.

THANK YOU.

THANK YOU.

PERFECT TIME.

LOOK AT THAT.

WELL DONE.

I COULDN'T HAVE PLANNED IT BETTER IF I TRIED.

YOU TRIED.

OKAY.

SO WE HAVE, UM, WE CAN ADJOURN THIS AND TAKE A FEW MINUTES TO, UM, GET REFRESHED AND WE'LL START THIS EVENINGS.

THIS EVENINGS, UH, AT FIVE O'CLOCK.

EXACTLY.

MOTION.

SECOND.

ALL IN FAVOR, PLEASE SAY AYE.

AYE.

AYE.

[01:56:57]

READY

[01:56:58]

TO

[01:56:58]

GO?

[01:57:04]

GOOD

[01:57:05]

AFTERNOON,

[01:57:06]

EVERYONE.

UH, WE ARE GOING TO DO SOMETHING A LITTLE DIFFERENT THIS AFTERNOON.

YOU WILL HAVE THE GREAT PLEASURE OF, UH, BEING LED IN THIS MEETING BY MAYOR PRO TEM MRS. VALERIE GUZMAN, I AM TURNING THE GAVEL OVER TO HER FOR THE EVENING.

YOU CAN'T HIT ME WITH IT.

SO, MS. GUZMAN, TAKE IT AWAY.

GOOD AFTERNOON EVERYONE.

UH, WE WILL BEGIN THIS AFTERNOON WITH INVOCATION AND PLEASURE FOR ALLEGIANCE LED BY COUNCILMAN AMUSEMENT.

PLEASE RISE, LADIES AND GENTLEMEN, IN THE SANCTUARY OF DIALOGUE.

LET RESPECT BE THE CORNERSTONE UPON WHICH OUR INTERACTIONS ARE BUILT.

LET OUR WORDS BE GUIDED BY A DEEP APPRECIATION FOR THE DIVERSE PERSPECTIVES THAT ENRICH OUR DISCUSSIONS, LIKE THE ROOTS OF A TREE THAT INTERTWINE TO FORM A STURDY FOUNDATION.

SO DO OUR RESPECTFUL INTERACTIONS, CREATE A STRONG BASE FOR FRUITFUL CONVERSATIONS WITH EACH EXCHANGE.

LET US HONOR THE UNIQUENESS OF EVERY INDIVIDUAL.

AND THROUGH THIS INVOCATION OF RESPECT, LET US FOSTER AN ENVIRONMENT WHERE EVERY VOICE IS HEARD AND VALUED.

AMEN.

IP FLAG OF THE UNITED STATES OF AMERICA AND TO REPUBLIC FOR WHICH IT STANDS, ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL.

PLEASE REMAIN STANDING, UH, FOR A MOMENT OF SILENCE AS WE PAUSE AND REFLECT ON THE MANY SACRIFICES MADE BY OUR MILITARY WHO PROTECT THE BLANKET OF FREEDOM WE SLEEP UNDER EVERY NIGHT AND WHO CONTINUE TO PROTECT OUR WAY OF LIFE.

THANK YOU.

OKAY, I CALL THIS MEETING TO ORDER.

THIS IS A CITY OF HARVILLE CITY COUNCIL, MEETING 2 0 5 MAIN STREET, HARVILLE, SOUTH CAROLINA, 2 9 9 2 7, THURSDAY, 21 AUGUST, 2025 AT 5:00 PM UH, THE FIRST ORDER OF BUSINESS WOULD BE TO APPROVE TODAY'S AGENDA.

UH, DO I HAVE A MOTION FOR APPROVAL, DISAPPROVAL, OR TO MAKE ANY CHANGES? MOTION TO APPROVE THE AGENDA.

SECOND.

WE HAVE A MOTION.

WE HAVE A SECOND.

UH, ANY DISCUSSIONS? SEEING NONE.

UM, ALL IN FAVOR? AYE.

AYE.

ANY OPPOSED? OKAY.

AND THE MOTION PASSES.

UM, MME. CLARK, IS THERE ANY, HAS THERE ANYONE SIGNED UP FOR PUBLIC COMMENT? THANK YOU.

UM, THEN WE DON'T HAVE ANY PUBLIC PRESENTATIONS TODAY.

SO NEXT, MOVING ON TO THE PRESENTATION AND APPROVAL OF MINUTES.

UM,

[02:00:01]

D DO WE HAVE A MOTION TO APPROVE, DISAPPROVE, OR MAKE ANY CHANGES TO THE MINUTES FOR AUGUST 7TH, 2025? DO WE HAVE WE APPROVE? SECOND.

WE HAVE A MOTION.

WE HAVE A SECOND.

ANY DISCUSSIONS? ALL IN FAVOR? AYE.

AYE.

ANY OPPOSED? PASS.

OKAY.

OKAY.

THE NEXT ITEM ON THE AGENDA WAS A PUBLIC HEARING FOR THE WEST MUNICIPAL IMPROVEMENT DISTRICT, ALSO KNOWN AS A MED.

UM, I HAVE THE FOLLOWING TO READ OUT TO YOU.

THE HILTON HEAD LAKES MED PUBLIC HEARING WILL NOT TAKE PLACE TONIGHT.

A NEW PUBLIC HEARING WILL BE SCHEDULED AFTER RECEIVING UPDATED PARCEL OWNER INFORMATION FROM THE DEVELOPER.

MOVING ON TO OLD BUSINESS.

UM, DO WE HAVE ANY COMMENTS? ANY COMMENTS FROM THE PUBLIC MADAM CHAIR IF I MIGHT, UH, TEE THIS ITEM UP SO THAT THE PUBLIC'S AWARE OF WHAT WE'RE TALKING ABOUT OKAY.

WITH THIS PARTICULAR ITEM.

UM, SO ON OUR AGENDA THIS EVENING, ITEMS A AND B UNDER OLD BUSINESS, UM, RELATE TO THIS IS SECOND READING OF AN ORDINANCE TO ANNEX PROPERTY INTO THE CITY OF HARDY V.

THIS PARTICULAR PIECE OF PROPERTY IS LOCATED, UM, OFF OF BRICKYARD ROAD.

AND AS WE DISCUSSED AT FIRST READING, IT IS A SMALL TRIANGLE SHAPED PIECE OF PROPERTY THAT IS ESSENTIALLY GOING TO BE UTILIZED AS ACCESS TO ADJOINING PROPERTY THAT IS ALREADY WITHIN THE CITY LIMITS.

UM, I BELIEVE WE HEARD A PRESENTATION AT FIRST READING THAT THE USE OF THIS PROPERTY IS GOING TO BE FOR COMMERCIAL PURPOSES, UM, SPECIFICALLY AN EQUINE UH, VETERINARY SERVICE.

AND SO WHILE WE'RE GONNA VOTE ON THESE ITEMS SEPARATELY, BOTH ITEMS A AND B ARE LINKED TOGETHER.

AND THAT ITEM A IS THE VEHICLE BY WHICH THE PROPERTY GETS BROUGHT INTO THE CITY LIMITS.

AND THEN ITEM B IS THE VEHICLE BY WHICH THE ZONING, THEN IT GETS SIGNED TO THAT ITEM.

UM, AND I KNOW IF THERE'S ANY QUESTIONS ABOUT THAT, WE'D BE HAPPY TO RESPOND TO 'EM.

BUT SINCE IT'S SECOND READING, UM, WE'LL BE HAPPY TO JUST STAND ON THE RECORD.

OKAY.

SO SHOULD I JUST ASK ONE? OKAY.

ASK IF ANYBODY WANTS, THIS IS A PUBLIC HEARING.

YEAH.

SO DO WE HAVE ANY DISCUSSIONS ABOUT THE WEST DODGE AND MUNICIPAL IMPROVEMENT DISTRICT? UH, NOT ON THAT, BUT ON THE SECOND HEARING, I'M, UH, WITH BOARD EDWARDS.

MY NAME IS ALEX HOLLY TO ANSWER ANY QUESTIONS ABOUT THAT.

OKAY.

ALRIGHT, ALEX, WHEN WE COME UP, COME TO THAT SECTION, YOU CAN COME UP AND SPEAK.

UH, SEEING NONE, I GUESS WE'LL MOVE ALONG TO ALL BUSINESS.

THE SECOND READING OF AN ORDINANCE TO ANNEX INTO THE CITY OF HARDY PARCEL NUMBER 0 4 1 0 0 0 3 0 2 9, CONSISTING OF APPROXIMATELY PLUS OR MINUS 1.69 ACRES OF REAL ESTATE LOCATED IN JASPER COUNTY, NOT ALREADY WITHIN THE HARVILLE CITY LIMITS, AS WELL AS ALL ADJACENT PUBLIC RIGHTS OF WAY RAILROAD RIGHTS OF WAY WATER, LOWLANDS, AND WETLANDS.

THIS IS ORDINANCE NUMBER 2 0 2 5 DASH EIGHT DASH SEVEN A.

MR. GRU.

THANK YOU MADAM CHAIR.

UM, AS INDICATED, THIS IS SECOND READING OF AN ORDINANCE A AND B ARE LINKED TOGETHER AS PART OF A UNIFIED, UH, RE APPLICATION TO BE ANNEXED INTO THE CITY.

AND STAFF WOULD BE HAPPY TO ANSWER ANY QUESTIONS THAT YOU OR THE PUBLIC MAY HAVE.

DO YOU HAVE ANYTHING TO ADD, SIR? OKAY.

YOU DON'T WANNA JUST AT LEAST WALK UP AND ANY OTHER PUBLIC COMMENT? ANY QUESTIONS OR DISCUSSION BY COUNCIL? NO.

NO MA'AM.

CHAIR, MR. MAYOR? NO.

I HAVE, I HAVE NO QUESTIONS.

WE, UH, WE TALKED ABOUT THIS LAST TIME AND UH, IT'S PRETTY STRAIGHTFORWARD AND I HAVE NO FURTHER QUESTIONS AND NEITHER DO I.

SO DO WE HAVE A MOTION TO APPROVE, DISAPPROVE, OR MAKE ANY CHANGES TO THE SECOND READING OF ORDINANCE 2025 DASH EIGHT DASH SEVEN A I MAKE THE MOTION THAT WE APPROVE SECOND.

WE HAVE A MOTION.

WE HAVE A SECOND.

ALL IN FAVOR? AYE.

ANYONE OPPOSED? OKAY.

ALRIGHT.

MOVING INTO THE SAME,

[02:05:01]

UM, ORDINANCE.

SECOND READING OF AN ORDINANCE TO REZONE APPROXIMATELY PLUS OR MINUS 1.69 ACRES KNOWN GENERALLY AS 0 4 1 DASH ZERO ZERO DASH ZERO THREE DASH TWO NINE FROM SINGLE FAMILY RESIDENTIAL DISTRICT IN JASPER COUNTY TO GENERAL COMMERCIAL IN THE CITY OF HARVILLE.

AND TO AMEND THE OFFICIAL ZONING MAP OF THE CITY OF HARVILLE.

MR. GROUP? YES, MADAM CHAIR.

UM, SO WHAT'S IMPORTANT TO NOTE ABOUT THIS ASPECT IS THAT WE WOULD BE ASSIGNING THIS PROPERTY, THE GENERAL COMMERCIAL ZONING DESIGNATION WITHIN THE MZDO.

UM, IT'S IMPORTANT BECAUSE THAT IS THE SAME DESIGNATION THAT WAS PREVIOUSLY PROVIDED TO THE ADJOINING PROPERTY THAT THIS WILL BE ADDED TO.

SO THEY WILL ALL BE UNIFIED AND UNDER THE SAME ZONING CLASSIFICATION, WHICH WOULD ALLOW FOR THE OPERATIONS OF THE UH, EQUINE VETERINARY FACILITY.

THANK YOU SIR.

DO WE HAVE ANY PUBLIC COMMENTS, ANY QUESTIONS OR DISCUSSION BY COUNSEL? NONE.

NONE.

NO.

MADAM CHAIR.

ALRIGHT, SO I'M GONNA ASK FOR A MOTION TO APPROVE DISAPPROVAL OR TO MAKE ANY CHANGES TO THE SECOND READING OF ORDINANCE NUMBER 2025 DASH ZERO EIGHT DASH ZERO SEVEN B.

THE MOTION REAPPROVED 2025 DASH EIGHT DASH SEVEN B.

WE HAVE A MOTION.

DO WE HAVE A SECOND? SECOND.

WE HAVE A MOTION.

WE HAVE A SECOND.

ALL IN FAVOR? AYE.

AYE.

ANYONE OPPOSED? YOU CAN GO TAKE YOUR WIFE FOR.

THANK YOU .

WE HAVE A SECOND READING OF AN ORDINANCE OF THE CITY OF HARVILLE, SOUTH CAROLINA AMENDING CHAPTER 10 OF THE CODE OF ORDINANCES TO PROHIBIT TOBACCO USE, INCLUDING SMOKING AND VAPING ON CITY OWNED PROPERTY, VEHICLES, PARKS, AND WITHIN A HUNDRED FOOT RADIUS OF SUCH PROPERTY PROVIDING FOR DEFINITIONS, ENFORCEMENT, PENALTIES AND EXCEPTIONS, AND ESTABLISHING AN EFFECTIVE DATE.

WE HAVE ORDINANCE NUMBER 0 2 0 2 5 DASH EIGHT DASH SEVEN C MR. GRU.

THANK YOU MADAM CHAIR.

UM, THIS ITEM AGAIN IS FOR SECOND READING.

SO WHAT WE DISCUSSED AT FIRST READING IS THIS ORDINANCE WOULD ESSENTIALLY PROHIBIT THE USE OF TOBACCO PRODUCTS AND TOBACCO RELATED PRODUCTS ON CITY PROPERTY.

HOWEVER, WE WILL DESIGNATE, UM, AREAS THAT ARE AT LEAST AT 100 FEET AWAY FROM THE ENTRANCES TO OUR FACILITIES.

THAT WAY IF STAFF OR MEMBERS OF THE PUBLIC DO WANT TO UTILIZE TOBACCO, WE WILL STILL ALLOW FOR THAT.

WE'RE JUST GOING TO MAKE SURE THAT IT'S NOT DONE ANYWHERE IN CLOSE PROXIMITY TO THOSE ENTRANCE WAYS.

YEAH.

ANY FURTHER QUESTIONS OR DISCUSSIONS BY COUNSEL? QUESTION ONLY THING, UM, JOSH, I'M GLAD YOU DID THAT BECAUSE YOU KNOW, YOU AND I HAD TALKED AND WE DO WANT TO LOOK OUT FOR THE EMPLOYEES EVEN THOUGH THAT'S, I GUESS AN UNHEALTHY HABIT, BUT SOME STILL HAVE IT AND SO THEY DO HAVE SOME TYPE OF SPOT THAT THEY CAN MM-HMM .

OKAY? YES, SIR.

AND, AND WE DO HAVE RECEPT, WE ARE GONNA BE PLACING ANY RECEPTACLES IN THE AREA SO THEY CAN DISPOSE OF YES MA'AM.

WE'LL, WE'LL NEED TO PUT A LITTLE BIT OF, UH, UH, SIGNAGE AND SOME OTHER RECEPTACLES THERE SO THAT PEOPLE ARE AWARE THAT IT'S THE DESIGNATED SMOKING AREA.

OKAY.

THANK YOU.

ANY FURTHER DISCUSSIONS? QUESTIONS? OKAY.

NO, MADAM CHAIR.

ALRIGHT, WE NEED A MOTION FOR TO APPROVE, DISAPPROVE, OR TO MAKE ANY CHANGES TO SECOND READING OF ORDINANCE 2 0 2 5 DASH EIGHT DASH SEVEN C.

DO I HAVE A MOTION? I MAKE A MOTION THAT, THAT ON SECOND READING, WE APPROVE ORDINANCE 2025 DASH OH EIGHT DASH ZERO SEVEN C.

DO WE HAVE A SECOND? SECOND.

WE HAVE A MOTION.

WE HAVE SECOND.

ALL IN FAVOR? AYE.

AYE.

ANY OPPOSED? ALL RIGHT.

WE NEW BUSINESS, UM, AN ORDINANCE APPROVING THE TRANSFER OF CERTAIN REAL ESTATE AND ASSOCIATED INFRASTRUCTURE LOCATED ON SUCH PROPERTY AND AUTHORIZING THE CITY MANAGER TO EXECUTE DOCUMENTS NECESSARY TO GRANT SUCH PROPERTY RIGHTS TO BEAUFORT JASPER WATER AND SEWER AUTHORITY NECESSARY FOR THE EXIT EIGHT WATER AND SEWER IMPROVEMENT PROJECT ORDINANCE NUMBERS 2 0 2 5 DASH EIGHT DASH 21 A.

MR. GRUBER? YES, MA'AM.

UM, SO AS YOU MAY BE FAMILIAR, THE CITY IS UNDERTAKING SOME, UH, WASTEWATER SEWER IMPROVEMENTS

[02:10:01]

PRIMARILY IN THE EXIT EIGHT AREA.

UM, WE ACTUALLY SOUGHT OUT AND RECEIVED A SIGNIFICANT GRANT FROM THE STATE RURAL INFRASTRUCTURE AUTHORITY TO FACILITATE THAT PROJECT.

WE ARE NOW AT THE POINT OF WORKING WITH BEAUFORT JASPER WATER AND SEWER AUTHORITY TO INSTALL THAT INFRASTRUCTURE.

AND SO ONE OF THE THINGS THAT NEEDS TO BE ACCOMPLISHED IS THE LAND WHERE THIS NEW PUMP STATION IS GOING TO BE INSTALLED IS LOCATED ON LAND THAT IS CURRENTLY OWNED BY THE CITY, BUT NEEDS TO BE TRANSFERRED TO BEAUFORT, JASPER WATER AND SEWER AUTHORITY.

SO ANYTIME THAT WE SELL OR TRANSFER LAND THAT IS OWNED BY THE CITY, WE HAVE TO DO SO BY AN ORDINANCE.

AND SO THAT IS WHAT YOU HAVE FOR FIRST READING.

BEFORE YOU TONIGHT, DO WE HAVE ANY PUBLIC COMMENTS, ANY QUESTIONS OR DISCUSSION BY COUNCIL? NONE FOR ME, MR. MAYOR? NO, I HAVE, I HAVE NO, UH, QUESTIONS.

JUST A COMMENT.

THIS IS, THIS IS SOMETHING THAT'S GOING A, YOU KNOW, BE A BENEFIT TO EVERYONE IN THAT EXUDATE AREA.

WE KNOW WE'RE, UH, DO T'S GONNA IN THE NEXT FEW YEARS GOING TO BE, UM, CHANGING THAT WHOLE CONFIGURATION THERE.

UH, WE HAVE, YOU KNOW, BUCKY'S COMING AND HOPEFULLY SOME OTHER, UM, COMMERCIAL INTEREST AROUND THERE.

SO THIS IS, THIS IS A, A WONDERFUL PROJECT AND A LOT OF PEOPLE HAVE CHIPPED IN AND, UH, SO THIS IS, THIS IS, UH, TERRIFIC.

ANY FURTHER QUESTIONS BY COUNSEL? UM, JOSH, DO YOU GOT, YOU HAD YOUR ISSUES STRAIGHT WITH APAC? 'CAUSE YOU KNOW, WE WERE TALKING ABOUT YOU HAD A FEW CONCERNS LEFT, BUT YOU'RE SATISFIED? YES, SIR.

SO THIS IS A SEPARATE CONTRACT THAT IS ACTUALLY GONNA BE ADMINISTERED BY BEAUFORT, JASPER WATER AND SEWER AUTHORITY.

SO THEY ARE IN THIS BUSINESS, WE ARE GONNA LET THEM DO THEIR THING.

UM, WE'LL BASICALLY JUST BE THE BANK TO HELP PAY THE BILLS WHEN THEY COME DUE.

OKAY.

AND THIS WAS, UH, JOSH, WE, THIS IS THE GRANT MONEY WE GOT FROM THE RURAL INFRASTRUCTURE AUTHORITY.

SO THIS WAS, THIS WAS, UH, THE RURAL INFRASTRUCTURE AUTHORITY.

WE APPLIED FOR A GRANT MM-HMM .

AND TO HELP WITH THAT WHOLE $6 MILLION PROJECT.

AND THIS PUMP STATION, THEY PAID FOR IT, RIGHT? YES.

THIS IS SPECIFICALLY WHAT THE RIA GRANT WAS MEANT TO FUND WAS THE PUMP STATION.

ANY FURTHER QUESTIONS? NOPE.

OKAY.

SO I NEED A MOTION TO APPROVE, DISAPPROVE, OR MAKE ANY CHANGES TO FIRST READING OF ORDINANCE NUMBER 2 0 2 5 8 18.

WE HAVE A MOTION, MAKE A MOTION TO APPROVE 20 25 0 8 21 A.

WE HAVE A MOTION.

DO WE HAVE A SECOND? SECOND.

WE HAVE A MOTION.

WE HAVE A SECOND.

ALL IN FAVOR? AYE.

AYE.

ANYONE OPPOSED? MOTION PASSES.

ALRIGHT, THE NEXT IS A RESOLUTION OF THE CITY OF HARVILLE, SOUTH CAROLINA CITY COUNCIL.

AUTHORIZING THE CITY MANAGER TO INCREASE THE VALUE OF AN EXISTING CONTRACT WITH APEC APEC ATLANTIC INCORPORATED TO COMPLETE THE VARIOUS PARKING LOT AND SIDEWALK PROJECTS AND OTHER MATTERS RELATED THERE TO ORDINANCE.

UM, ORDINANCE NUMBER 2 0 2 5 0 8 2 1 B.

MR. GROUP.

THANK YOU MADAM CHAIR.

SO THANK YOU MADAM CHAIR.

SO THIS ITEM AS INDICATED, WOULD ESSENTIALLY ALLOW US TO AMEND AN EXISTING CONTRACT THAT WE HAVE WITH APAC.

IF YOU'LL RECALL, LAST YEAR WE BROUGHT TO YOU A PROPOSAL THAT, UM, WE'D RECEIVED A BID FROM APAC IN THE AMOUNT OF JUST SHY OF $5 MILLION FOR VARIOUS PROJECTS.

AT THE TIME, WE ONLY HAD $2 MILLION IN FUNDING ON HAND.

SO WE ASKED CITY COUNCIL TO HELP US PRIORITIZE WHICH PROJECTS WE WANTED TO GET COMPLETED.

THOSE PROJECTS ARE UNDERWAY AND JODY'S GONNA GIVE YOU SOME INFORMATION ABOUT THAT.

UM, NOW THAT WE ARE IN A NEW FISCAL YEAR AND ADDITIONAL FUNDS HAVE BEEN APPROPRIATED THROUGH OUR CIP BUDGET, WE'RE LOOKING TO AMEND THE CONTRACT TO ADD IN A NUMBER OF THOSE PROJECTS THAT WE COULD NOT PREVIOUSLY PAY FOR, BUT THAT WE DO NOW HAVE FUNDING TO ACCOMPLISH.

AND SO WITH THAT SUMMARY, I'LL TURN IT OVER TO JODY AND LET HER EXPLAIN IT IN GREATER DETAIL.

YOU DID A GREAT JOB.

THANK YOU.

GOOD EVENING, MAYOR COUNCIL, GOOD EVENING.

GLAD TO BE BACK TO GIVE YOU AN UPDATE ON THIS BIG PROJECT BECAUSE I KNOW YOU ALL HAVE BEEN SEEING SOME OF THE CONSTRUCTION.

AND, UM, THE BEST WAY TO GIVE YOU THAT UPDATE IS TO REVIEW WHAT WE GAVE YOU IN DECEMBER.

SO I'M GONNA GO THROUGH OUR OLD SLIDE DECK AND THEN, UM, HELP YOU THROUGH THE NUMBERS.

SO OUR PRIORITIES,

[02:15:01]

AS YOU REMEMBER, WE HAD SOME INSUFFICIENT FUNDING AS OUR CITY MANAGER MENTIONED, AND WE HAD ARPA FUNDING THAT WAS TIED TO THIS THAT NEEDED TO BE ALLOCATED BY DECEMBER OF LAST YEAR.

UM, WE WANTED TO COMPLETE AS MUCH WORK AS POSSIBLE WITH THE $2.2 MILLION THAT YOU APPROVED LAST YEAR.

AND THEN THE FUNDING THAT WAS IDENTIFIED IN THE PRIORITY LIST, WE, WE, UM, INCORPORATED THAT PER YEAR DIRECTION.

SO, UM, SORRY, THAT SLIDE COULD HAVE GONE AWAY.

.

HEY, WE, WE DID IT.

WE GOT UNDER CONTRACT BEFORE WE, UM, WE NEEDED TO WELL, EVERYBODY WAS LISTENING THOUGH.

YES, THEY WERE.

GOT OUR ATTENTION.

SO AGAIN, TO SHOW YOU THE BIDS THAT WERE RECEIVED, APAC CAME IN AT 4.9, JUST SHY OF $5 MILLION.

OUR BOYD STREET SIDEWALK WAS ONE 60.

PUBLIC WORKS LOT WAS FOUR 90.

THE RECREATION CENTER BEHIND OUR BEAUTIFUL REC CENTER IS 1.2 AND THEN 3.1 TO FINISH EVERYTHING IN THE RICHARD GRAY COMPLEX.

UM, IN SUMMARY, AGAIN, THOSE FOUR LOCATIONS, THE SCOPE WAS TO REPAVE SOME OF THE OLD PARKING LOTS AND THEN UPGRADE SOME OF THE BROKEN SIDEWALKS, INSTALL NEW PARKING LOT LOTS AND INSTALL NEW SIDEWALKS.

AND THEN TO HIGHLIGHT THE LOCATIONS BEHIND US IN THE COMPLEX, WHICH IS TRULY THE, THE BULK OF THE WORK, IT'S $3.1 MILLION AND THERE WERE SEVERAL LOCATIONS.

WHAT'S UNDER CONSTRUCTION NOW IS IN THIS YELLOW AREA.

OUR BASKETBALL COURT SITS HERE.

SO BOTH ON THIS SIDE AND THIS SIDE, WE'RE INSTALLING THAT WORK AS WE SPEAK AND IT WILL BE DONE BEFORE OUR FESTIVAL IN MAINE.

UM, THE EXISTING PARKING LOT THAT SITS JUST NORTH OF OUR JUJU HUDSON, THAT AREA IS GONNA GET REPAVED.

AND THEN WE HAD PROPOSED DOING SOME PAVING IN THE RANDALL STREET LOT THAT WE HAVE DELETED THAT PROJECT.

WE'RE GONNA INSTALL A BRIDGE ACROSS TO, UM, TO GET THE CONNECTIVITY.

WE ALSO HAVE SOME AREAS NEXT TO OUR FOOTBALL FIELD THAT ARE NOT ON THIS SLIDE, BUT UM, AGAIN, THIS IS WHAT'S UNDER CONSTRUCTION AND WHAT WE'RE NOT DOING IS HIGHLIGHTED WITH A LITTLE X HERE.

UM, WE DID COMPLETE THE BOYD STREET SIDEWALK IN APRIL.

YAY.

EVERYBODY'S VERY HAPPY WITH THAT AND I'VE GOTTEN A LOT OF FEEDBACK.

UM, THE CONSTRUCTION BEHIND OUR REC CENTER WILL, THAT'LL COMMENCE NOVEMBER.

SO AS SOON AS THEY'RE FINISHED BACK HERE WITH THE LOT THAT THEY CURRENTLY HAVE UNDER CONSTRUCTION, THEY'RE MOVING OVER TO THIS LOT.

AND, UM, CONSTRUCTION'S SPELLED WRONG, BUT OUR EXISTING CONSTRUCTION OR OUR EXISTING LOT, THE CONSTRUCTION WILL COMMENCE IN FEBRUARY HERE.

SO WE'VE GOT OUR JUJU HUDSON PLAYGROUND AND UM, AS SOON AS WE GET THROUGH OUR FESTIVAL ON MAINE AND THEY MOVE OVER TO THE REC CENTER, THEY'LL MOVE BACK TO THE RICHARD GRAY COMPLEX.

AND THEN WHAT I WAS SPEAKING OF WITH THE FOOTBALL FIELD, WE'RE PUTTING IN AN A DA COMPLIANT SIDEWALK TO GET EVERYBODY TO THE GRANDSTANDS.

WE'RE ADDING THE AMBULANCE, UM, DRIVEWAY AND THEN DOWN HERE IS A BROKEN PATCH OF WHAT'S LIKE A SUBSIDIARY AMBULANCE PAD.

YEAH.

THAT'S GETTING, UH, REDONE AS WELL.

AND THEN OF COURSE OUR PUBLIC WORKS LOT, WHICH, UM, OUR NEW CITY ENGINEER HAS COME ON BOARD AND DECIDED TO REDUCE SOME OF THE SCOPE HERE.

SO, UH, WE DID REDESIGN A LITTLE BIT OF THIS, BUT THAT WOULD COMMENCE IN APRIL OF NEXT YEAR OR, YEAH, 2026.

SO NOW THE HARD STUFF, UM, THERE'S, THERE'S A LOT OF COLORS HERE AND I TRIED TO COLOR CODE TO MAKE THIS AS EASY AS POSSIBLE.

UM, STARTING WITH THE EASY ONE, THE REC CENTER WAS OUR HIGHEST PRIORITY.

THE PERMIT WASN'T IN HAND AND IT DELAYED OUR START.

AND SO THAT'S WHY WE STARTED BACK HERE.

UM, THE 1.2 IS STILL THE 1.2.

THERE'S NO CHANGE TO THAT.

BOYD STREET ONE 60 THAT WAS, UM, BID OUT BY APAC, STAYED ONE 60 WERE COMPLETED.

THERE'S NO CHANGE TO THAT.

AND THEN WHAT WE WERE LEFT WITH WAS THE $864,000 FROM WHAT YOU APPROVED AT 2.2.

THESE THREE NUMBERS TOGETHER GOT US TO THAT 2.2.

SO THE $864,000 WAS A, IT WAS APPLIED TO GET THESE TWO AREAS STARTED THAT ARE UNDER CONSTRUCTION.

WE STILL NEED $350,000 FROM FISCAL YEAR 26 FUNDING OF WHICH WAS APPROVED.

BUT THAT'S IN OUR FISCAL YEAR 26 COLUMN.

AND THEN TO REPAVE, JIM HAD HER WAY IN THE CIRCLE GOING TO THE BACK PART OF OUR, UM, REC COMPLEX THAT'S APPROXIMATELY $240,000 AND WE WANNA GET THAT DONE BEFORE THE FESTIVAL IN MAINE IS IS HERE.

SO THAT IS SLATED TO BE DONE AS WELL.

JOVI REAL QUICK.

SURE.

UM, I BELIEVE AS PART OF THAT REPAVING WORK THROUGH HERE, THERE'S ALSO, IF YOU'VE DRIVEN BACK THERE, YOU'VE NOTICED THAT THERE'S SOME SIGNIFICANT DIPS IN THAT ROAD WITH SOME OF THE UTILITY CONNECTIONS THAT WILL RESOLVE AND CORRECT THOSE AS WELL.

ABSOLUTELY.

YEAH.

IT'S UM, AREAS WHERE WE HAVE UTILITY LINES THAT ARE RUNNING ACROSS THE, THE ROAD AND SO IT'S JUST OVER TIME WHERE WE'VE REMOVED SOME,

[02:20:01]

UM, SPEED BUMPS AND THERE'S BEEN SETTLEMENT AND JUST ONGOING WORK.

IT'S, IT'S MADE QUITE A MESS.

SO SLOWS CARS DOWN THOUGH, ? YEAH, YOU'RE RIGHT.

IT HAS A, A BIT OF A PURPOSE.

UM, BUT WE'RE GONNA INSTALL SOME NEW SPEED BUMPS, SO WE WILL MANAGE THE SPEED.

UM, BUT YES, TO GET THAT YELLOW ZONE THAT'S UNDER CONSTRUCTION AND ALL OF JIM HAD HER WAY INCLUDING OUR ROUNDABOUT REPAVED BEFORE THE FESTIVAL ON MAINE, THAT'S APPROXIMATELY $240,000.

AND THEN OUR EXISTING LOT THAT WE WILL COMMENCE CONSTRUCTION ON AFTER WE FINISH OUR REC CENTER LOT OFF OF JOHN SMITH, THAT'S ABOUT $680,000.

AND THEN THE SMALL WORK THAT I SHOWED YOU IN GREEN, THAT'S THE FOOTBALL FIELD.

UM, SIDEWALK AMBULANCE, THAT'S APPROXIMATELY $85,000.

SO WITH THIS NEW MONEY COMING FROM OUR FISCAL YEAR 26 FUNDING AND THE $500,000 FOR OUR PUBLIC WORKS LOT, THAT'S 1.855, UH, THREE 30 THAT WE'RE INCREASING THE CONTRACT WITH APAC.

AND SO WHEN YOU TAKE WHAT WE HAVE ISSUED THEM IN DECEMBER OF 2024, WE GAVE THEM A CONTRACT OF 2.1 MILLION AND I LEFT A LITTLE FOR CONTINGENCY MONEY, WHICH I'M GLAD WE DID BECAUSE WE NEEDED THAT.

WE HAD $87,000 IN A CHANGE ORDER FOR MUCKING BECAUSE OF HOW WET IT IS BACK IN THIS AREA.

UM, THEY HAD TO DO EXTRA BURROW AND FILL.

SO CURRENTLY THE APAC CONTRACT IS AT 2.2, WE'RE STILL UNDER OUR BUDGET FOR FISCAL YEAR 25.

SO WHEN WE ADD THIS 2.2 TO THE 1.8, WE'RE ASKING THAT YOU, UM, WHILE WE'RE NOTIFYING YOU THAT THEIR NEW CONTRACT VALUE WILL BE $4,059,120 AND 67 CENTS.

SO, UM, WHY IS IT NOT 5 MILLION? IT'S BECAUSE WE ELIMINATED THE RANDALL STREET PARKING AND BRIDGE, WHICH I SHOWED IN THE PINK RIGHT HERE.

$750,000 WOULD PAVE THIS WHOLE AREA AND ABOUT $150,000 FOR THIS, THIS BRIDGE FOR PEDESTRIAN WALKING.

UM, ONE OF THE THINGS I WANNA NOTE IS THAT EVEN THOUGH IT WAS DECIDED FOR THIS TO BE, UM, REMAIN AS GRASS AT THIS TIME, WE'RE PLANNING TO PUT A CULVERT PIPE RIGHT HERE, WHICH WILL CREATE A LITTLE BIT OF A SIDEWALK SO PEOPLE ARE OUT OF THE ROADWAY.

SO AS THEY'RE COMING FROM THIS PARKING, THE ONE OR TWO TIMES THAT WE USE THIS OVERFLOW, THEY'LL WALK DOWN A LITTLE PATHWAY OVER THIS DIRECTION SO THAT THEY'RE, THEY'RE PROTECTED FROM THE VEHICULAR TRAFFIC AND THAT MONEY IS, UM, IN THE $350,000 THAT WE'RE DOING THIS WORK WITH.

SO I TIED IT IN WITH THAT.

SO, UM, IF THERE'S ANY QUESTIONS, WHICH I'M SURE THERE MIGHT BE, I CAN GO BACK TO WHATEVER SLIDE MAKES YOU THE MOST COMFORTABLE.

.

IF YOU LET APAC, WHEN THEY'RE FINISHED BACK HERE, IF YOU LET THEM GO TO THE REC CENTER BEFORE THEY FINISH 2 78, VAL AND I ARE GONNA HAUNT YOU.

I UNDERSTAND THAT.

AND WE HAVE GIVEN THEM A FIRM, WELL I DON'T KNOW WHAT HAPPENED TO MY MIC.

YES.

UM, WE HAD A FIRM CONVERSATION ABOUT THAT.

SO I CAN ASSURE YOU THAT THERE ARE PROMISES IN PLACE THAT THEY WILL NOT ALLOW FOR THEIR CREWS TO BE AWAY FROM THE LATITUDE HILTON HEAD LAKE INTERSECTION.

REAL QUICK.

INTERESTING FACT ALONG THOSE LINES, JUST BECAUSE I FOUND IT VERY INTERESTING.

I THINK YOU MIGHT AS WELL LAST WEEK AS PART OF THE INTERSECTION PROJECT, IN ORDER TO CONTINUE MOVING FORWARD WITH THAT, APAC HAD TO BRING IN SCUBA DIVERS TO DESCEND DOWN INTO THEIR STORM WATER PIPES AND PLUG UP THE END SO THAT THEY CAN THEN PUMP IT OUT AND BE ABLE TO MAKE WORK ON IT.

AND SO THERE WERE SCUBA DIVERS UNDERNEATH 2 78 AT THAT INTERSECTION LAST WEEK.

IS THAT WHAT THEY WERE DOING? YEAH.

YES.

OH WOW.

I KNOW.

AND, AND I'M A LITTLE DISAPPOINTED BECAUSE WE HAVE THESE DRONE PILOTS COULD, THEY COULD HAVE GOTTEN GOOD MEDIA COVERAGE FOR US, BUT WE'RE GONNA TRY AND GET THAT INFORMATION FROM THE DIVERS.

SO IS IT, IS IT TRUE THAT THEY FOUND JIMMY HOFFA UNDER THERE? WELL, THEY COULD HAVE FOUND A LOT OF PEOPLE UNDER THERE.

I'M NOT SURE WHO NOMINATION SCUBA DIVING INTO SEWERS.

BOY, THAT'S, THAT'S A NEW ONE.

.

YEAH, IT'S ONLY A 36 INCH RCP.

IT'S NOT LIKE A BIG PIPE.

SO YEAH, THE GUY GOT IN THE PONDS TO PICK UP THE GOLF BALLS.

HAD A BAD JOB.

YEAH.

THREE.

YEAH.

IS IS EVERYTHING THEN WITHIN, YOU KNOW, BECAUSE WE ESTIMATED THINGS A YEAR AGO, UM, HOW FAR ARE WE OUT OF WHAT THE, OR OR I GUESS WERE THE ORIGINAL BIDS STILL BEING HELD ON EVERYTHING THAT WE'VE THAT'S A GREAT QUESTION.

SO, UM, THE ORIGINAL BID FOR THE PUBLIC WORKS PARKING LOT AT $490,000 WENT UP JUST SLIGHTLY BECAUSE OF SOME OF THE MATERIAL INCREASES.

BUT THEN WITH OUR CITY ENGINEER COMING ON

[02:25:01]

BOARD AND CHANGING THAT DESIGN AND REDUCING SOME OF THE CONCRETE AND ASPHALT WHERE THEY INCREASED THE PRICE, WE'RE GONNA STAY UNDER.

WHAT ABOUT, UH, THE REC CENTER PARKING LOT? NO, THAT'S GUARANTEED THAT PRICE WAS LOCKED IN.

OKAY.

THANK YOU.

DON'T TELL HIM THAT'S A GREAT QUESTION.

THAT GOES TO HIS HEAD.

AH, .

ANYWAY, TWO QUICK QUESTIONS.

OKAY.

ONE YOU UM, KIND OF ANSWERED, BUT, BUT YOU'RE SATISFIED 'CAUSE YOU AND I AND JOSH AND ALL HAD TALKED ABOUT YEAH.

APAC YOU SATISFIED? 'CAUSE I KNOW YOU HOLD THE FOOT TO THE FIRE, BUT YEAH.

BUT YOU ARE SATISFIED WITH IT.

I AM SATISFIED AND, AND WE'VE COME FULL CIRCLE.

I KNOW THAT THEY WERE, UM, BIDDING THIS PROJECT IN NOVEMBER, DECEMBER OF LAST YEAR WHEN THE WORK WAS JUST, UH, OVERWHELMING TO SAY THE LEAST.

AND I WAS GRATEFUL TO GET A BID FROM ANYBODY.

UM, YOU CAN SEE THAT BY THE PRICE DIFFERENTIAL.

WHEN APAC CAME IN AT A JUST UNDER 5 MILLION AND POLI PCO WAS AT OVER 7 MILLION PEOPLE WERE THROWING CRAZY NUMBERS OUT THERE.

AT LEAST THEY CAME IN WITH A FAIR NUMBER ON THIS.

SO YEAH.

AND THE PARK, THE, UM, RANDALL STREET IS, ARE YOU DELAYING PAVING THAT OR ARE YOU NOT GOING TO PLAN ON PAVING IT? NO, WE ARE NOT PLANNING ON PAVING THAT IT WAS DELETED FROM THE SCOPE AND IT WAS DECIDED THAT WE NEED TO LOOK AT THE COMPLEX AS A WHOLE.

AND UM, THAT COULD HAVE BEEN DELETED FROM THE PRIORITY LIST OR IF YOU DECIDE YOU WANNA PUT THAT BACK IN YEAH, FOR HOW LITTLE IT GETS USED, IT'S A COUPLE TIMES A YEAR VERSUS YEAH.

MM-HMM .

IT'S A LOT OF MONEY.

.

I'LL BE HONEST WITH YOU, I'VE TALKED WITH STAFF ABOUT POTENTIALLY REIMAGINING THE USE OF THAT AREA.

IN MY OPINION, THE HIGHER AND BETTER USE OF THAT WOULD BE FOR SPORTS FIELDS OF SOME KIND, WHETHER ANOTHER TURF FIELD OR SOMETHING LIKE THAT.

NOW THAT'S NOT, NOW, IT'S NOT IN THE NEAR FUTURE, THAT IS PROBABLY IN THE FURTHER OUT FUTURE, BUT I THINK THAT'S A MUCH BETTER USE OF THE PROPERTY THAN IT IS PUTTING IN PARKING SPACES.

AS YOU INDICATED, THAT WOULD ONLY BE USED A COUPLE OF TIMES A YEAR.

PICKLEBALL, PICKLEBALL, EVERYBODY WANTS PICKLEBALL, PICKLEBALL, , .

I KNOW IT'S A LOT OF NUMBERS TO BE THROWN AT YOU, BUT IN FACT WE'RE, WE'RE STILL UNDER THE 5 MILLION THAT WE PRESENTED LAST DECEMBER.

THEY'RE ALL PROJECTS THAT NEED TO BE COMPLETED.

THEY DESPERATELY NEED TO BE COMPLETED.

YES.

SO WE COULD TAKE THAT MILLION DOLLARS AND USE TOWARDS THE OLD CITY HALL PROJECT AND SPLASH PADS.

RIGHT.

WELL WE DIDN'T FUND THAT FOR FISCAL YEAR 25 OR 26.

HOLD ON.

WAIT, WAIT, WAIT, WAIT, WAIT.

YES, THERE IS FUNDING FOR THE SPLASH PAD IN YOUR APPROVED BUDGET.

SO WE DO NOT NEED TO BRING OVER THIS MONEY TO MAKE THAT HAPPEN.

WE ALREADY HAVE THAT BUDGETED.

YES, THE SPLASH PAD IS BUDGETED, BUT WE DID NOT FUND THE RANDALL STREET BUDGET FOR LAST YEAR OR THIS YEAR.

SO THERE'S, YEAH, THERE'S NOTHING THERE.

I'M SORRY, I MISSED, THERE'S NOT REAL MONEY THERE.

THERE'S NOT REAL MONEY THERE.

WE ASKED FOR IT, BUT NOBODY WANTED IT.

SO, .

OKAY.

UM, CAN I, UM, DOVETAILING WHAT HARRY JUST SAID THOUGH, I THINK IT'S VERY IMPORTANT THAT WE START WORRYING ABOUT OLD CITY HALL.

MM-HMM .

I'M GETTING A LOT AND WE SEEMS LIKE SOMETIME WE WORRY ABOUT THINGS ON 2 78 AND OTHER PLACES, AND, AND, AND DOWNTOWN HARDY GETS FORGOTTEN.

WE PROMISE THAT WE WILL.

AND PEOPLE ARE COUNTING ON THAT, THAT WE START MAKING SOME PLANS.

SO WHAT ARE WE GONNA DO WITH OAK CITY HALL? YES, SIR.

SO WE'VE BEEN WORKING WITH JODY JODY'S BEEN WORKING WITH THE DESIGN TEAM SO THAT WE HAVE SOMETHING TO BRING BACK TO YOU AND THEN ULTIMATELY BID OUT.

OUR GOAL'S GOING TO BE, TO HAVE THAT OUT ON THE STREET BY THE END OF THIS CALENDAR YEAR.

GOOD.

UM, NOT ONLY FOR THAT PROJECT, BUT ALSO FOR THE RENOVATIONS OF 1 0 2 MAIN STREET, BECAUSE THE SAME DESIGN FIRM IS WORKING ON BOTH OF THOSE.

SO I KNOW THAT'S CORRECT.

JODY'S IN VERY CLOSE CONVERSATIONS WITH THEM, WE'RE GETTING TO THE POINT WHERE WE'RE GONNA KIND OF GIVE THEM A CUTOFF DATE.

WE NEED TO HAVE THIS BACK IN BY NOW.

UM, BUT THAT'S GONNA THEN ALLOW US TO BRING THOSE BEFORE YOU SO THAT YOU CAN SEE WHAT THE VISION LOOKS LIKE BEFORE WE GO TO PUT IT OUT TO BID.

AND I THINK WE STILL HAVE $400,000 IN THE BUDGET FOR 1 0 2 MAIN, RIGHT? WE DO, YES.

WE ACTUALLY HAVE MORE THAN THAT.

YEAH.

OKAY.

YEAH, WE, WE UPPED IT A LITTLE.

MM-HMM .

MM-HMM .

OKAY.

GOOD.

GOOD, GOOD.

MM-HMM .

SO DOES THIS NEED A VOTE OR IS THIS JUST UH, UH, YES, GIVEN THE DOLLAR VALUE, YEAH.

IT'S BEYOND MY AUTHORITY, SO WE NEED APPROVAL FROM COUNSEL.

OKAY.

ANY MORE QUESTIONS? DISCUSSION? NO, MA'AM.

NO, MA'AM.

NO MA'AM.

ALRIGHT.

SO I NEED A MOTION TO APPROVE, DISAPPROVE, OR MAKE ANY CHANGES TO FIRST READING OF RESOLUTION NUMBER 2 0 2 5 DASH ZERO EIGHT DASH TWO ONE B.

DO I HAVE A MOTION? MAY I MAKE A POINT OF ORDER? YES, MA'AM.

CAN YOU CALL FOR A PUBLIC COMMENT TOO, PLEASE? OH, DOES THE PUBLIC HAVE ANYTHING TO SAY? OKAY.

THANK YOU MA.

GOOD TO GO.

THERE.

BE NO PUBLIC COMMENT.

WE GO FOR THE MOTION.

AGAIN.

MAKE A MOTION.

WE APPROVE 2025 DASH ZERO EIGHT DASH 21 B.

WE HAVE A MOTION.

DO WE HAVE A SECOND? YOU DON'T NEED THAT ON.

ISN'T THAT A RESOLUTION? MM-HMM .

STILL NEED A SECOND RESOLUTION.

I'M

[02:30:01]

GONNA VOTE ONE TIME.

I SECOND.

WE HAVE A MOTION.

WE HAVE A SECOND.

ALL IN FAVOR? AYE.

AYE.

ANY OPPOSED? RIGHT.

SO, RESOLUTION DECLARING THE CITY'S INTENT TO REIMBURSE EXPENDITURES FOR PROJECT COSTS OF TAX EXEMPT BONDS OR NOTES ANTICIPATED TO BE ISSUED IN THE MAXIMUM AMOUNT OF 7.5 MILLION.

NUMBER 2 0 2 5 DASH EIGHT C.

MR. GRUBER, PLEASE.

THANK YOU, MADAM CHAIR.

UM, THIS IS A MATTER WHAT I WOULD CHARACTERIZE AS MORE OF A HOUSEKEEPING ITEM.

UM, THE REASON FOR THAT IS WE HAVE ADOPTED THIS YEAR'S OPERATING BUDGET AND CAPITAL BUDGET.

WITHIN THE CAPITAL BUDGET.

IT WAS INDICATED THAT WE WERE GONNA BE GOING OUT AND BORROWING FUNDS TO PAY FOR PARTICULARLY, UH, OUR REAL PROPERTY CAPITAL PROJECTS THAT WE WERE WORKING ON.

AND SO, UM, THAT WAS APPROVED BY YOU BACK, UM, IN THE SPRING.

AND SO NOW WE ARE MOVING FORWARD AND WORKING WITH OUR BOND COUNCIL AND OUR FINANCIAL ADVISORS TO GET THAT TEED UP.

BUT AS WE'VE STARTED THE NEW FISCAL YEAR, WE'VE STARTED EXPENDING THOSE FUNDS EVEN THOUGH WE'VE NOT YET BORROWED THE MONEY.

SO IN ORDER TO PAY OURSELVES BACK, WE HAVE TO ADOPT THIS RESOLUTION, WHICH ESSENTIALLY JUST ALLOWS US TO REIMBURSE OURSELVES FROM THOSE BOND PROCEEDS FOR WHAT WE'VE ALREADY SPENT TOWARDS THE CAPITAL PROJECTS.

BUT THE NUMBERS AND THE PROJECTS ARE EXACTLY IDENTICAL AS TO WHAT WAS IN THE BUDGET, AND I'VE ASKED JOHN TO COME GIVE YOU SOME INFORMATION ABOUT THAT.

SURE.

THANK YOU, SIR.

UM, I'VE GOT ONE SLIDE.

I KNOW Y'ALL HAVEN'T SEEN ME SINCE BUDGET TIME, BUT ONE SLIDE.

SO, TURNING OVER A NEW LEAF, UH, AS, UH, MR. GRUER HAS INDICATED WE HAD SIX PROJECTS TOTALING 7 MILLION, $47,000 THAT WE, THAT COUNCIL APPROVED FOR US TO FINANCE OVER 20 YEARS.

AND AS MR. GRUBER'S JUST STATED, UM, WITH THE URGENCY OF THESE PROJECTS WE'VE STARTED BECAUSE THE PROJECTS ARE APPROVED, WE'VE STARTED WORK ON THEM.

BUT IN ORDER TO GIVE THE BANKS THE MAXIMUM COMFORT THAT WE CAN GIVE THEM AS THEY BID ON THIS, OBVIOUSLY, HOPEFULLY THAT WORKS OUT, YOU KNOW, TO MAYBE A LITTLE BIT BETTER RATE AND ALL THOSE TYPE THINGS TO GIVE THEM COMFORT.

WE WANT TO HAVE THIS RESOLUTION SO THAT THEY'RE PERFECTLY CLEAR THAT WHEN THEY GIVE US MONEY, IT'S NOT FOR THINGS THAT WE'RE GOING TO DO, BUT IT'S ALSO FOR THINGS THAT WE HAVE ALREADY STARTED TO DO.

UM, WE'VE DONE, WE'VE DONE WHAT WE'RE DOING THIS YEAR IN THE PAST.

WE HAVE JUST, OUR FINANCIAL ADVISOR HAS NEVER ASKED THAT WE DO THIS.

SO WE'RE GOING AHEAD AND DOING IT.

IT IS JUST A, A BETTER WAY TO, YOU KNOW, MORE OF A BELT AND SUSPENDERS APPROACH.

SO THAT'S SIMPLY WHAT IT IS.

I'VE JUST LISTED THE SIX PROJECTS.

I'M SURE YOU ALL REMEMBER 'EM.

UM, MANY OF 'EM WE JUST TALKED ABOUT WITH JODY.

AND AGAIN, IT'S A TOTAL OF 7,000,047.

YOU'LL SEE YOUR RESOLUTION RIGHT, HAS A, UH, A MAX NOT TO EXCEED OF 7.5 MILLION.

THAT JUST A ALLOW ALLOWS FOR ANY ANOMALY, UH, ANOMALY IN THE RATES THAT WE GET.

IF SOMETHING, YOU KNOW, WERE TO HAPPEN THAT THAT'S UNFORESEEN, WE DON'T WANT TO SAY WE, WE HAD ORIGINALLY WRITTEN THIS AT 7.2 MILLION, BUT IF THE NUMBERS CAME IN AS 7.21, WE DIDN'T WANT TO HAVE TO COME BACK AND, AND RECREATE THE WHEEL.

SO, BUT WE STILL EXPECT IT TO BE EVERYTHING WE'VE HAD.

WE TALKED TO THE FINANCIAL FINANCIAL ADVISORS LATE AS THREE O'CLOCK TODAY, AND THIS IS ALL, UM, EVERYTHING'S STILL GOING AS WE PLANNED, BUT THAT'S WHY IT SAYS 7.5.

AND AS ANOTHER PIECE OF INFORMATION, THIS, UH, FINANCING IS ON THE STREET.

IT'S BEEN SENT TO, I BELIEVE WE'RE NOW UP TO SENDING THIS OVER TO OVER A HUNDRED BANKS.

ALL OF ALL OF THE ONES THAT YOU WOULD SAY, THE LOCAL PEOPLE THAT WE'VE SEEN AND TALKED TO OVER THE YEARS, THEY'RE ABSOLUTELY ON THAT LIST.

AND, UM, WE LOOK FORWARD TO HEARING SOMETHING THAT WE ACTUALLY, I ACTUALLY ANSWERED SOME QUESTIONS FROM ONE OF THE BIG NAME BANKS, UH, EARLIER TODAY.

SO THAT'S ALL I HAVE AND I'M HAPPY TO ANSWER ANY QUESTIONS.

DOES THE PUBLIC HAVE ANY COMMENTS? OKAY.

ANY QUESTIONS OR DISCUSSION BY COUNSEL? I, I DON'T, JOHN, JOSH, AND I.

'CAUSE I WAS KIND OF UNCLEAR, BUT JOSH EXPLAINED IT TO ME, SO I DON'T HAVE ANY QUESTIONS.

I CAN SEE IT'S KIND OF A BOOKKEEPING THING, REALLY.

YES, SIR.

MADAM CHAIR.

SO THE ONE OR TWO MAIN MM-HMM .

IS THAT'S GONNA GO OUT TO BID BY THE END OF THE YEAR? BY THE END OF THE CALENDAR YEAR? YES.

BY THE END OF THE CALENDAR, YES.

OKAY.

ARE YOU TALKING FINANCING? P YOU'RE TALKING ABOUT THE NO, NO, NO.

THE ACTUAL, OKAY.

CONSTRUCTION WORK.

YEP.

ANY MORE COMMENTS ON DISCUSSION LED COUNCIL? NOPE, THAT WAS MY ONLY QUESTION.

THANK YOU.

DO I HAVE A MOTION TO APPROVE, DISAPPROVE, OR MAKE ANY CHANGES TO FIRST READING OF RESOLUTION 2 0 2 5

[02:35:01]

DASH EIGHT DASH 21 C? SO MOVED.

SECOND.

WE HAVE A MOTION.

WE HAVE A SECOND.

ALL IN FAVOR SAY AYE.

AYE.

ANYONE OPPOSED? THANK YOU.

THANK YOU.

MANAGER'S REPORT.

MR. GRUBER, TAKE IT AWAY.

YES, MA'AM.

TWO ITEMS THAT I WANTED TO, UH, DISCUSS THIS EVENING.

THE FIRST WE'VE KIND OF TOUCHED ON A LITTLE BIT, BUT I WANTED TO FOLLOW UP AND LET YOU KNOW WHERE WE STAND WITH OUR CONTRACTUAL RELATIONSHIP WITH APAC FOR THE WORK ON ARGENT BOULEVARD AT THE INTERSECTION OF SHORTCUT ROAD.

UM, SO AS WE DISCUSSED, WHEN THAT WAS INITIALLY APPROVED BY YOU, WE WANTED TO HAVE A CONVERSATION WITH APAC TO, ONE, MAKE SURE THAT THEY HAD THE CAPACITY TO TAKE ON THE PROJECT, AND TWO, TO DISCUSS HOW WE COULD STRUCTURE THE CONTRACT TO MAKE SURE THAT IT WOULD BE COMPLETED IN A TIMELY MANNER.

, WE HAVE BEEN SUCCESSFUL IN BEING ABLE TO DO THAT.

SO, UM, WE ANTICIPATED THAT THIS PROJECT WOULD TAKE SOMEWHERE BETWEEN NINE TO 11 MONTHS TO COMPLETE.

SO WE'VE STRUCTURED THE CONTRACT WITH BOTH AN INCENTIVE AND A PENALTY.

THE INCENTIVE IS FOR EVERY DAY THAT THEY COMPLETE THE PROJECT PRIOR TO THE NINE MONTH DEADLINE, WE WILL GIVE THEM AN INCENTIVE BONUS OF $2,500 UP TO A CAP OF $50,000 TOTAL.

SO THAT IS LESS THAN 1% OF THE TOTAL CONTRACT VALUE, BUT WE THOUGHT THAT THAT WAS APPROPRIATE AS AN INCENTIVE IF THEY WERE TO GET THE PROJECT DONE, COMPLETED BEFORE WE ESTIMATED IT WOULD TAKE THEM.

SIMILARLY, IF THEY GO BEYOND 11 MONTHS, THEY WILL PAY A $2,500 PER DAY PENALTY WITHOUT A CAP FOR EVERY DAY THAT THEY ARE NOT COMPLETE BEYOND 11 MONTHS.

SO IF THEY'RE FOUR DAYS LATE, THAT'S A $10,000 CHECK AND $10,000 FOR EVERY FOUR DAYS THAT THEY'RE LATE BEYOND THERE.

NOW, THERE ARE PROVISIONS THAT ARE BUILT IN SHOULD WE HAVE A NATURAL DISASTER STORMS OR SOMETHING THAT IS BEYOND THEIR CONTROL TO PREVENT, WE CAN BUILD IN SOME ADDITIONAL TIMELINE, BUT IF IT'S JUST DOWN TO THEIR PERFORMANCE, THEY WILL BE ON THE CLOCK AND THEY WILL HAVE TO PERFORM PRIOR TO THAT EXPIRATION DATE.

OTHERWISE, THEY WILL PAY THOSE SIGNIFICANT PENALTIES.

THAT'S GREAT.

UM, THE SECOND ITEM I WANTED TO LET YOU KNOW ABOUT THIS EVENING IS, UH, WE'RE GONNA BE PERFORMING SOME IMPROVEMENTS HERE TO COUNCIL CHAMBERS.

UM, SO BY THE TIME WE MEET AGAIN, I BELIEVE, UM, I THINK THEY'RE STARTING NEXT WEEK.

AND SO WE'RE, WE'RE TIMING THIS.

SO IT'S ON AN OFF CYCLE WHEN WE'RE NOT IN THIS ROOM, BUT OUR GOAL IS GOING TO BE TO INSTALL MONITORS AT EACH ONE OF YOUR STATIONS.

SO RATHER THAN HAVING TO TURN AND SOMETIMES TRY TO SQUINT AT WHAT'S BEING ON THE BOARD OVER THERE, YOU'LL HAVE A MONITOR STRAIGHT IN FRONT OF YOU THAT YOU'LL BE ABLE TO SEE ALL THE MATERIALS THAT ARE BEING PRESENTED FOR THE PUBLIC'S BENEFIT.

WE'RE GONNA BE INSTALLING SOME MONITORS UP HERE ON THE WALL TO TRY TO GIVE THEM SOME MORE OPPORTUNITIES TO SEE WHAT WE'RE LOOKING AT AS WELL.

SO, UM, NOTHING REALLY STRUCTURAL, BUT SOME UPGRADES WITH OUR I, UM, IT AND AUDIO VISUAL SYSTEMS. BUT JUST WANTED TO GIVE YOU A HEADS UP THAT BY THE TIME WE MEET AGAIN, THIS AREA'S GONNA LOOK A LITTLE BIT DIFFERENT THAN WHAT IT DOES NOW.

AND THAT'S ALL THE THINGS I HAVE TO REPORT.

OKAY.

WE'LL START WITH MR. CARROLL.

I DON'T HAVE A WHOLE LOT TO REPORT.

ONE, UM, REASON I WAS NOT HERE, THE LAST MEETING WE HAD IS I HAD AN EMERGENCY MEETING AT THE LITTLE COUNTRY COUNCIL OF GOVERNMENTS, AND I DID EXPLAIN TO THE MAYOR WHILE I WAS THERE, UM, TO TRY TO GET, WE HAD A, UM, EMERGENCY SITUATION KIND OF CAME UP IN THE EXECUTIVE COMMITTEE NEEDED TO MEET.

AND SO THAT'S WHERE I WAS LAST WEEK.

UM, OTHER THAN THAT, UH, I DON'T THINK I HAVE MUCH TO SAY.

UM, I'VE, UH, TRIED TO ADDRESS SOME LOCAL ISSUES AND, UM, BRAG ON JOSH.

HE'S, WHEN I CALL, HE'S BACKED ME UP AND TRIED TO HELP ME OUT.

SO, UM, IN A WAY, YOU KNOW, I GET SOME CALLS THAT SOME OF Y'ALL DON'T GET, AND THEN PROBABLY VICE VERSA, VAL, LIKE WE, YOU HILTON, HEAD LAKES AND SEE.

BUT ANYWAY, WE'RE TRYING TO, UM, LET THE PUBLIC KNOW THAT WE DO HAVE SOME RES WE ALL GONNA RESPOND IF THEY CALL.

THAT WAS THE ONE PROMISE I MADE WHEN I RAN, WAS THAT I WOULD RETURN CONSTITUENT CALLS.

AND I'VE TRIED TO DO THAT, AND THAT'S ALL.

MR. WHITE ATTENDED SOME GROUP MEETINGS WITH YOU AS A COUNCIL FOR SOME THINGS.

SO, UM, OTHER THAN THAT, NOTHING TO REPORT MR. AMUSEMENT.

WELL, WE, UH, HAD THE I 95 GROUNDBREAKING.

THAT WAS QUITE A PROCEDURE.

IT WAS THE COUNCIL WAS ALL THERE, THE PUBLIC WAS THERE.

IT WAS, UH, QUITE QUITE THE, THE, THE SHOW.

THAT'S ALL I CAN SAY FOR THAT.

, IT, IT WAS QUITE THE SHOW.

AND JOHN, DID YOUR WIFE GET HER SHOE BACK? YES, SHE DID.

YEAH.

THANKS TO JOEY.

HE HAD ALMOST, WE ALMOST NEEDED A SCUBA DIVER.

.

I MEAN, IT WAS, IT WAS ABOUT THAT DEEP.

YEAH, HE WAS UP TO HIS SHOULDER, ACTUALLY.

HE WAS, IT WAS TO FIND HER SHOE.

YEAH.

UM, DID YOU SEE THAT MAYOR WHEN I NO, I, I MISSED IT.

YOU KNOW, WE HAD THAT PIECE OF PLYWOOD AND THEN IT WAS, SHE, IT WAS GRASS, BUT YEAH.

[02:40:01]

FLOATING GRASS.

SO SHE TOOK ONE STEP OFF IT WENT ALL THE WAY ABOVE HER, WENT STRAIGHT UP TO HER KNEE, ALL THE WAY TO KNEE.

WOW.

IT SUCKED IT, SO WHEN SHE PULLED HER LEG OUT, IT TOOK HER SHOE.

SO JOEY HAD TO GO IN.

NOW HE NOW CAN TELL YOU HE HAD TO GO ALMOST ALL PAST HIS ELBOW TO GET IT.

OH, WOW.

HAD YOU RECOVERED OR, GOSH, WOW.

WE, WE HAVE, UH, WE STOOD AS A COUNCIL, UM, IN OUR, UH, THOUGHT PROCESS IN WHAT WE THOUGHT WAS BEST FOR THE SCHOOLS IN, UH, JASPER COUNTY.

I'M VERY PROUD OF THE COUNCIL FOR DOING THAT.

UM, I'D LIKE TO GET A SHORT PRESENTATION.

DANIEL, ARE YOU READY BACK THERE? YES, SIR.

UH, WHEN I WAS BACK UP IN ILLINOIS, I HAD THE OPPORTUNITY TO VISIT, UH, A FOOD TRUCK PARK.

SMALL, VERY SMALL, BUT IT'S VERY SUCCESSFUL.

AND WE'RE WORKING WITH OUR FOOD TRUCK ORDINANCES AND THINGS HERE.

NOW WHAT YOU'RE SEEING THERE IS THIS PARK, IT'S ABOUT A LITTLE OVER AN ACRE, I BELIEVE.

UM, THEY HAVE ROOM THERE FOR FOUR FOOD TRUCK VENDORS, AND I BELIEVE 10 OR 12 TENT VENDORS.

THERE'S THE PICNIC TABLES.

THERE ARE WITHIN THERE.

THEY HAVE A PORTA POTTY BACK THERE.

THERE'S A HAND WASH STATION IN THERE.

THE VENDORS ARE, ARE ALL RESPONSIBLE FOR THEIR OWN, UH, UH, ELECTRICITY, WATER, AND ALL OF THAT.

IT'S A HARD SURFACE PARKING LOT.

AND HOW THEY OPERATE THIS IS THEY PUT A CALENDAR OUT AND THE FOOD VENDORS CAN PUT DOWN THE DAYS THAT THEY WANNA WORK.

IT'S FIRST COME, FIRST SERVE.

SOME DAYS THERE'S THREE VENDORS.

SOME DAYS THERE'S TWO, SOME DAYS THERE'S FOUR.

UM, IT'S VERY SUCCESSFUL.

IT'S ABOUT, OH, IT'S THREE BLOCKS, FOUR BLOCKS OFF OF THE MAIN THOROUGHFARE.

SO IT'S NOT INTERFERING WITH, UH, THE BRICK AND MORTAR RESTAURANTS, WHICH IS, IS IS VERY GOOD.

THIS VENDOR HERE, AND ANOTHER ONE CAME THAT I DIDN'T GET A PICTURE OF.

THEY, THEY'RE VERY SUCCESSFUL.

THEY, THEY REALLY, IT HAS WORKED OUT VERY WELL FOR THEM.

THE REASON I BRING THIS UP IS HERE IN HARDY, WE WE'RE WORKING WITH OUR ORDINANCES NOW FOR, UH, OUR FOOD TRUCKS.

AND I THINK THIS IS, COULD BE A CONCEPT THAT WE COULD, COULD REALLY, UH, WRAP OUR, OUR ARMS AROUND AND, AND THINK ABOUT.

WE HAVE, WE'VE DISCUSSED THE, THE, THE, THE NEW PARK BACK HERE, THE NEW PARK.

WE HAVE THAT PARKING LOT BACK THERE FOR WHAT, 271.

WE HAVE A HARD SURFACE PARKING LOT BACK THERE.

WE HAVE RESTROOMS ALREADY IN PLACE.

WE HAVE HAND WASH STATIONS IN PLACE.

WE COULD BRING VENDORS THERE INCORPORATED, EVEN WITH A FARMER'S MARKET.

BOTH OF THEM PUT THERE TOGETHER.

I'D LIKE TO SEE THIS PARK BACK THERE BECOME MORE OF A DESTINATION AND USED, NOT JUST FOR THE SPORTS COMPLEXES AND FOR OUR FESTIVALS THAT WE HAVE BACK THERE.

UH, SOMETHING THAT WOULD BRING THE RESIDENTS OF MARGARITAVILLE HILTON, HEAD LAKES, SUN CITY, DOWN TO OUR DOWNTOWN RIGHT NOW.

THEY ALL TURN THE, ON MY SIDE OF THE ROAD, THEY ALL TURN RIGHT AND THEY'RE GOING TOWARDS BLUFF AND THE OTHER DEVELOPMENTS, THEY TURN LEFT AND GO TO BLUFF.

AND I WANT THEM TO COME DOWNTOWN.

HAVE A REASON TO COME DOWN HERE.

I PUT THIS IDEA OUT ON SOCIAL MEDIA AND WITHIN A DAY AND A HALF, I HAD OVER 200 POSITIVE RESPONSES FOR THIS.

UM, I BELIEVE IT WAS ALMOST TWO YEARS AGO, JENNIFER ORGANIZED, UM, A FOOD TRUCK EXPO THAT WE HAD BACK HERE.

IT WAS CRAZY SUCCESSFUL.

SO THE, THE, THERE'S THE PUBLIC DOES WANT THIS.

I KNOW THIS DOESN'T HAPPEN OVERNIGHT, BUT I THINK IT'S A PROJECT THAT WE NEED TO START LOOKING AT AND MAYBE DEVELOPING IN THE FUTURE.

IT, IT WOULD BE A GREAT USE OF THE PARK THAT WE ALREADY HAVE.

THAT'S IT, THAT'S ALL I HAVE FOR THIS EVENING.

THANK YOU.

UM, JUMPING OFF OF YOUR IDEA, I WAS, I WAS TALKING TO THE CITY MANAGER YESTERDAY AND THOUGHT ABOUT MAYBE IT'S TOO LATE FOR THIS YEAR, BUT MAYBE NEXT YEAR WHEN JUJU HUDSON PARK IS OVER, WE CAN HAVE MOVIES IN THE PARK.

USED TO DO THAT ALL THE TIME.

AND, AND THAT MIGHT BE A GREAT AMENITY FOR OUR KIDS, UM, MOVIES IN THE PARK.

AND SO MAYBE THAT COULD BE COMBINED.

I, I DON'T KNOW.

SO, YES, MA'AM.

OKAY.

SO ANYWAY, AND WHAT I WANTED TO TALK TO LET EVERYONE KNOW WAS I WAS VERY ADAMANT ABOUT GETTING THE HURRICANE PREPAREDNESS THING DONE, UM, FOR OUR NON GATED COMMUNITY, UH, POPULATION.

AND THE MAYOR, MYSELF, UH, THE CITY MANAGER, ANNA CRACKERJACK MEDIA TEAM, GOT TOGETHER AND WE CAME UP AND THEY CAME UP WITH A FANTASTIC IDEA.

AND I, AND I BELIEVE THE VIDEO HAS DROPPED ON, UM, ON THE CITY'S WEBSITE AS WELL AS, UH, AND I, I PICKED IT UP FROM THERE AND I DROPPED IT ON ALL THE PAGES THAT I, UH, HAVE

[02:45:01]

ACCESS TO.

IT WAS FANTASTIC.

IT WAS DONE REALLY, REALLY WELL.

AND IT GAVE PEOPLE INFORMATION THAT THEY NEED TO HAVE BEFORE A HURRICANE STRIKES WHAT TO DO WHEN IT STRIKES AND WHAT TO DO IN THE AFTERMATH.

AND I HAVE TO SAY A BIG THANK YOU TO OUR MEDIA DEPARTMENT FOR PULLING THIS OFF.

THEY DID A GREAT JOB WITH SHORT NOTICE.

AND I WANNA SAY THANK YOU TO ALL OF YOU WHO HELPED ME WITH THIS, PUT THIS TOGETHER WITH ALL YOUR IDEAS.

UH, AND MR. MAYOR, I'M JUST GONNA ASK YOUR HELP TO SEE IF WE CAN GET THIS INFORMATION TO THE CHURCHES.

ABSOLUTELY.

OKAY.

THANK YOU.

THAT'S ALL I HAVE TO SAY.

AND MR. MAYOR, OVER TO YOU.

OKAY.

UM, IT'S BEEN REAL BUSY AS ALWAYS, BUT, UM, JUST TO, UH, BE REAL QUICK, UH, ON THE EIGHTH, UM, WE HAD THE YMCA HAD A BEAM SIGNING.

UM, AND SO I SIGNED IT FOR, UH, THE CITY COUNCIL.

I THINK I SENT YOU A PICTURE.

IT SAYS, UH, VILLE MAYOR AND CITY COUNCIL.

UM, SO THAT WAS REALLY A COOL THING.

UM, AND THEY'RE COMING ALONG.

I MET WITH THE Y YESTERDAY, UH, BECAUSE THEY'RE GONNA PRESENT TO SO LOCO ON TUESDAY.

AND, UM, THEY HAD SOME PICTURES THAT REALLY COMING ALONG.

SO, UH, EARLY 2026, UH, I WENT TO THE KIWANIS, UH, MARGARITAVILLE CHAPTER, ACTUALLY, IT'S THE HARDY VILLAGE CHAPTER.

THE KIWANIS IS, UM, THEY HAD THEIR KICKOFF MEETING.

UM, AND THAT WAS, SO CONGRATULATIONS TO THEM.

I WALKED AWAY WITH AN APPLICATION TO JOIN.

UM, AS MR. MESMAN MENTIONED, WE WERE ALL OUT THERE ON AT I 95.

AND, UH, THERE WAS QUITE A, AN ILLUSTRIOUS CROWD THAT CAME FOR THAT.

UH, LATER THAT DAY, UH, I CAME OVER TO THE LOW COUNTRY FOOD PANTRY ONCE AGAIN, CAME AND GAVE OUT A HOT MEAL AND, AND GROCERIES TO EVERYONE WHO, ANYONE WHO WANTED TO DRIVE BY.

SO THEY, THEY'D DONE A NUMBER OF THESE.

SO I, I REALLY, MY, UH, THANKS GOES OUT TO THEM FOR, UM, FOR TAKING PART IN GIVING OUR CITIZENS THESE, UM, THESE FOOD GIVEAWAYS.

UM, SATURDAY, UH, AT JASPER COUNTY PARK, THEY HAD A RIBBON CUTTING OF A NEW TRAIL.

IT WAS ACTUALLY, UH, THIS TRAIL WAS BUILT WITH A GRANT FROM THE, UH, BLUE CROSS BLUE SHIELD OF SOUTH CAROLINA, THEIR FOUNDATION.

UM, AND IT'S REALLY, I HAD A LITTLE TOUR AND I, UH, ALL THESE YEARS AND I NEVER REALLY WENT BACK ALL THE WAY.

IT'S REALLY A, A HIDDEN GEM.

SO, UM, WE HAVE A, A GREAT ASSET THERE.

UM, ON MONDAY OF THIS WEEK, DIVERSITY NURSES ACADEMY OPENED RIGHT BY THE FARINO, UM, BUILDING ON ARGENT BOULEVARD BY SHORTCUT ROAD.

AND WHAT THIS FACILITY DOES IS, UH, UH, A, UH, FAMILY OWNED BUSINESS.

UM, THE WOMAN IS FROM HARDY V.

AND, UM, IT'S AN ACADEMY TO TEACH NURSES AND, UM, YOU KNOW, ACTUALLY TRAIN, ACTUALLY TRAIN THEM THERE.

I'M SORRY.

TRAIN THEM THERE.

THEY ACTUALLY, THEY ACTUALLY DO THE TRAINING THERE.

AND NOT ONLY DO, DO THEY GET CERTIFICATION, BUT THESE NURSES COULD ALSO GO OUT TO, UH, HOMES FOR, FOR IN-HOME NURSING SERVICE.

SO IT, IT'S A NEW FAMILY RUN BUSINESS IN HARDY V.

UM, AND, UH, I WANNA WISH HIM A LOT OF LUCK.

IT WAS A GOOD OPENING.

AND I WANT TO THANK COUNCILMAN KEMP COUNTY CHAIR KEMP.

HE HELPED THEM GET A, A GRANT, UH, AND SEED MONEY.

AND ALSO, I WANNA POINT OUT, THIS BUSINESS WAS TRAINED FOR THE LAST COUPLE OF YEARS AND HELPED BY MENTORS AT THE DON RYAN CENTER OF INNOVATION.

SO I WANTED TO POINT THAT OUT BECAUSE THIS COUNCIL HAS A COUPLE YEARS AGO DECIDED TO SUPPORT THIS DON RYAN CENTER.

AND THIS IS A GOOD EXAMPLE OF OUR MEMBERSHIP IN THAT.

UH, AND HOPEFULLY AS THE YEARS PROGRESS AND WE REVITALIZE, UH, WHITE HEART BOULEVARD, WE'LL BE ABLE TO USE THE DON RYAN CENTER MORE AND MORE TO HELP OUR NEW FAMILY BUSINESSES GET STARTED DOWNTOWN.

[02:50:02]

UM, ALSO ON THE 18TH, UM, USCB HAD THEIR CONVOCATION, WHICH, UH, I ATTENDED WITH MAYOR PRAIRIE OF HILTON HEAD AND DR.

PERDU, I'LL PASS THIS AROUND.

AND, UH, JOSH, YOU CAN PUT IT SOMEWHERE.

UH, THEY GAVE A, A NICE, UM, UH, THANK YOU.

'CAUSE AS YOU RECALL, WE PASS, WE PASS A PROCLAMATION EVERY YEAR WELCOMING THE STUDENTS BACK.

SO IF YOU WANNA TAKE A LOOK, PASS IT AROUND.

AND JOSH, IF, IF YOU WANNA, UH, DISPLAY THAT SOMEWHERE.

UM, AND THEN THAT NIGHT, UH, I HAD THE HONOR OF SWEARING IN THE NEW JASPER COUNTY COUNCILMAN, UH, JEAN ELLI, UM, WHO WAS RECENTLY ELECTED TO TAKE MARTY SAUL'S, UH, POSITION ON THE COUNCIL THERE.

AND I WANNA WISH HIM AND JASPER COUNTY COUNCIL A LOT OF LUCK.

UM, YESTERDAY, A NUMBER OF US WENT AND GOT THE POLL RESULTS.

IT WAS FOR BEAUFORT COUNTY.

UM, THE HILTON HEAD REALTORS ASSOCIATION TOOK A POLL.

UH, WE, UH, HOPE TO GET, UH, A FULL COPY OF THAT.

AND A LOT OF INTERESTING THINGS CAME OUT OF THAT.

I WON'T GO INTO IT A LOT.

UH, AND AT LUNCH TODAY, UM, JOSH AND I ATTENDED THE SOUTH CAROLINA CHAMBER OF COMMERCE.

IT WAS A LUNCHEON.

AND BASICALLY THE, UM, THEY CAME IN AND, AND THEY DID ONE OF THOSE POLLS AND, AND ASKED YOU QUESTIONS AND YOU ANSWERED IT.

BUT ALL THE CHAMBERS WERE THERE.

BEAUFORT, HILTON HAD BLUFFTON, UH, BLUFFTON AND JASPER COUNTY WERE ALL THERE.

UM, IT WAS A, UH, A GOOD EVENT.

UM, AND LASTLY, I WOULD LIKE TO CONGRATULATE OUR MAYOR PROAM ON DOING A WONDERFUL JOB THIS EVENING AS BEING THE CHAIRPERSON OF, OF THIS MEETING UNDER ONE HOUR.

ALTHOUGH I COULD KEEP TALKING FOR FIVE MINUTES.

, FOUR MINUTES.

IT'S ALL YOU NEED, BUT NO, UH, CONGRATULATIONS MRS. GUZMAN.

YOU DID A WONDERFUL JOB.

THANK YOU.

I COULDN'T HAVE DONE IT WITHOUT ALL Y'ALL'S HELP, ESPECIALLY WITH BRINA AND JOSH AND MISS CINDY OVER THERE.

I WAS SCARED.

, HE GOT THE HEADS UP A WEEK AGO.

I STEWING ABOUT THIS.

SO, THANK YOU, MADAM CHAIR.

I DID HAVE ONE LAST ITEM.

THIS IS HOT OFF THE PRESS, BUT JUST WANTED TO LET YOU KNOW THAT WE HAVE RECEIVED THE SETTLEMENT FUNDS FROM THE NICKEL PLATE SETTLEMENT.

SO THAT MATTER IS NOW CLOSED AND THOSE FUNDS ARE IN OUR ACCOUNT.

OKAY.

ALL RIGHT.

CALL FOR THE MOTION.

OKAY.

THE PRESIDENT, WE'RE GOINGN THIS MEETING.

DO I HAVE A MOTION? TOJO THIS MEETING? I MAKE A MOTION TO SECOND.

SECOND.

MOTION.

WELL, WE HAVE A MOTION.

SECOND, LET'S GO.

GOODNIGHT.

ALL IN FAVOR? ALL IN FAVOR.

AYE.