* This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting. I KNOW ANN'S [00:00:01] HERE, BUT WE'LL GO AHEAD AND GET STARTED GRABBING A COFFEE OR SOMETHING. SO, UM, ALRIGHT, SO WE'LL GO AHEAD AND GET STARTED. EVERYBODY APPRECIATE IT. UM, FULL MORNING, YOU GOT THE, UM, REALLY HOPEFULLY QUICK AGENDA REVIEW AND THEN WE'LL JUMP INTO THE RACKET FACILITY DISCUSSION AND THEN I'LL . SO LET'S TALK ABOUT CITY MANAGER SEARCH. SO, UM, YOU DO HAVE A BEER BOARD AT 6 45, UH, ONE APPLICATION, WHICH IS THE CHANGE OF OWNERSHIP FOR THE, UH, VENDOR THAT, UM, RUNS THE BAR AT THE AC HOTEL. CHANGE OF OWNERSHIP. I THINK IT'S ACTUALLY JUST A TRANSFER WITHIN THE SAME FAMILY IT LOOKS LIKE TOO. SO COMMISSIONER MCMILLAN HAD HAD QUESTIONED ABOUT THE TIMING OF THAT. IS IT POSSIBLE TO MOVE IT AFTER SO IT DOESN'T INTERRUPT THE FLOW OF, 'CAUSE WE HAVE A LOT OF GUESTS COMING THAT NIGHT AND A LOT OF 'EM DON'T NORMALLY COME TO MONDAY NIGHT MEETING. THEY MAY NOT REALIZE WE'RE ALREADY IN A MEETING. THEY MAY BE TRYING TO DRIFT IN TO THE, IN TO THE CHAMBERS AND UM, YOU KNOW, WE MIGHT LOSE OUR OPPORTUNITY A LITTLE BIT TO VISIT WITH THEM. SO I JUST DIDN'T KNOW IF THE COMMISSION WANTED TO TRY AND JUST PUSH IT TO AFTER OUR MEETING. UM, IT ONLY IMPACTS, YOU KNOW, THE APPLICANT AS OPPOSED TO ALL THE GUESTS THAT WE HAVE BEFOREHAND. YEAH, AND IT'S REALLY UP TO Y'ALL. WE POSTED IT FOR 6 45. I TALKED WITH KRISTEN, SHE'D BE SHE'D MORE COMFORTABLE IF WE, IF YOU WENT LATER THAN THAT, WE'D BE A LITTLE UNCOMFORTABLE TRYING TO MOVE IT EARLIER THAN THAT SEVEN NORMAL MEETINGS. OH, YOU MEAN, WELL WE HAVE TO DO IT AFTER THE COMMISSION MEETING. NOT NECESSARILY. I, I HEAR WHAT KEN'S SAYING. UM, JUST BACK THE START OF THE COMMISSION MEETING UP FIVE, 10 MINUTES. SO START THIS ONE AT UH, YEAH, BECAUSE IT SHOULD BE FAIRLY QUICK. YEAH. OKAY. OKAY. I JUST DO IT THAT FOR YOU. SURE, YEAH. DOES THAT MAKE SENSE? SO INSTEAD OF STARTING THE COMMISSION MEETING RIGHT AT SEVEN WE'LL BOARD AND THEN 7 0 5 YOU CAN ROLL RIGHT INTO IT. GOOD. YOU GOOD WITH YES. AND HOLLY CAN UPDATE THE WEBSITE. THAT'S ALL WE'LL BE ABLE TO DO AT THIS POINT, BUT UM, AND OBVIOUSLY THE ONE APPLICANT I DON'T THINK WOULD BE A CHALLENGE TO GET IN TOUCH WITH HIM. OKAY. SO THEN LET'S TALK ABOUT THE START OF THE RIO MEETING THEN AT SEVEN, UM, WITH THE, UM, THERE, WITH THE, UH, VETERANS CEREMONY. SO KIND OF THE THOUGHT IS, AND YOU'VE GOT THE PROGRAM IN FRONT OF YOU AND I'LL LET COMMISSIONER SPEARS AND MAYBE CHARLES AS NEEDED TO TALK THROUGH WHAT THAT IS GONNA LOOK LIKE. BUT THE THOUGHT WAS IS THAT WE WOULD, THE MAYOR WOULD GAVEL THE MEETING TO ORDER, UM, ACKNOWLEDGE ALL THE COMMISSIONERS BEING THERE AND WHILE WE'VE GOT LISTED PEOPLE DOING THE INVOCATION AND PLEDGE, I THINK THAT'S GONNA BE PART OF THE CEREMONY. SO WE TURN IT OVER TO COMMISSIONER SPEARS AND UM, AND THEN GO FROM THERE. SO YOU'VE GOT THE PROGRAM IN FRONT OF YOU. I DON'T KNOW IF YOU WANT, WANT TO TALK ABOUT. SURE, YEAH, SURE. THANK YOU. UM, CHARLES AND I HAVE BEEN IN COMMUNICATION WITH TOM FREEMAN AND THERE'S STILL SOME THINGS WE NEED TO WORK OUT IN TERMS OF THE PROTOCOL. SO, UM, IF IT'S OKAY WITH EVERYONE, UM, I'LL TALK WITH TOM FREEMAN, CHARLES AND I WILL, AND THEN I CAN FOLLOW UP WITH HOW TO CALL THE MEETING TO ORDER AND HOW, HOW IT GETS TRANSFERRED TO PEOPLE. SO IF THE MAYOR WOULD NEED TO DEFER TO ME AND THEN I WOULD DEFER TO TOM. SO IF THAT'S OKAY WITH Y'ALL, THEN I'D LIKE TO DO THAT, JUDGE. OKAY. AND THEN I CAN JUST FOLLOW UP WITH YOU AND LET YOU KNOW HOW CALL MEETING TO ORDER DO ROLL CALL, TURN MEETING OVER TO YOU, WHICH I THINK IS WHAT WE WOULD DO, BUT I JUST WANNA VERIFY WITH HIM THAT WE'RE NOT MISSING A STEP FOR PROTOCOL ON THAT. OKAY. THANK YOU. SO THE PLAN IS, IS WE WILL HAVE THIS WALL OPEN ANTICIPATING A GROUP WITH THESE CHAIRS SET UP IN ROWS FACING THE, THE MEETING, UH, GO THROUGH THE CEREMONY AND ALL THAT AND THEN PROBABLY TAKE A FIVE MINUTE BREAK WHEN THEY'RE DONE OR SO, JUST SO WE CAN CLOSE UP THE WALL AND THEY CAN START KIND OF THE RECEPTION HERE. HOPEFULLY QUICKLY GO THROUGH THE REST OF THE MEETING AND THEN YOU ALL CAN THEN JOIN THEM AFTERWARDS IS KIND OF THE THINKING HERE. OKAY. ANY QUESTIONS ABOUT ANY OF THAT? WE'RE EXPECTING IT 20 MINUTES ISH, 20, 25 MINUTES. AND I THINK, UM, IN TERMS OF OUR PART AFTER THE WALL WAS PUT BACK UP JUST THINKING ABOUT LIMITING COMMISSION OR COMMENTS, UM, SO THAT THAT DOESN'T TAKE TOO MUCH TIME UP AND WE INTENTIONALLY TRIED TO GET EVERYTHING ON THE CONSENT AGENDA WE FELT WAS REASONABLE TO DO THAT. AND SO THANK YOU FOR DOING THAT. WE HAVE ONE BIG CONTRACT, BUT IT'S A PROJECT WE TALKED ABOUT MULTIPLE TIMES, SO THANK YOU. UM, OKAY. SO THAT'LL BE THE PLAN THERE. UM, SO RUNNING THROUGH AGENDA ITEMS, WE HAVE, UH, I DON'T KNOW, THIS IS THE PHOTOS FROM HUNDREDTH BIRTHDAY CELEBRATIONS, . YEAH. UM, I'LL TALK BRIEFLY ABOUT THAT. [00:05:01] SO, UM, ITEM ONE IS, UH, JUST AN AMENDMENT TO OUR CONTRACT WITH THE STATE FOR THE VIOLENT CRIME INTERVENTION FUNDS WHERE WE'RE TRYING TO PURCHASE ADDITIONAL LICENSE PLATE READERS. UM, TO DO THAT, THEY'RE REQUIRED TO BE ON STATE RIGHT OF WAY. SO THAT'S WHERE ALL THE INTERSECTIONS WERE THAT WE HAD PLANNED, WHICH UNFORTUNATELY ALSO REQUIRES TDOT REVIEW AND THAT HAS BEEN, UM, DELAYED OR A LONG PROCESS, LET'S PUT IT THAT WAY. SO THE ORIGINAL AGREEMENT SAID WE HAD TO SPEND THE FUNDS BY THE END OF JUNE, THAT'S NOT GONNA HAPPEN NOW. AND SO THIS JUST EXTENDS THE TIMEFRAME TILL THE END OF JUNE OF 25. RIGHT. UM, SO THAT'S ALL THIS DOES. DOESN'T CHANGE THE DOLLAR AMOUNTS OR WHAT THE PLAN IS TO USE THE FUNDS OR ANYTHING JUST TO EXCHANGE THE, THE TIME PERIOD. UH, TWO IS THE AGREEMENT WITH ISEN GUARD, IS THAT THE RIGHT WAY? ISEN GUARD, RIGHT? ISEN GUARD CONSTRUCTION FOR THE ARDEN WOOD SCALES PUMP STATION PROJECT. AGAIN, THIS IS THE UM, $2.8 MILLION, BUT AGAIN, WE FELT COMFORTABLE ON CONSENT SIMPLY BECAUSE WE'VE TALKED ABOUT THIS PROJECT. IT'S WITHIN THE CIP BUDGET FOR THE WATER SHOE. BUT YOU REMEMBER WE'RE GONNA ABANDON BETTER POINTER, ABANDONED THIS PUMP STATION THAT'S BEEN IN THIS PERSON'S YARD FOR A WHILE. RUN GRAVITY SEWER, CHRIS, RIGHT? CORRECT. THROUGH THAT RIGHT OF WAY EASEMENT ON FISHER COURT ACROSS SCHOOL PROPERTY TO THE SCALE SCHOOL PUMP STATION AND THEN UP UPGRADE THAT PUMP STATION CAPACITY FOR THAT. AND WE ALREADY HAVE THE EASEMENTS FROM THE SCHOOL TO DO THAT AND THE GOAL IS TO HAVE THAT WORK AT THE SCHOOL HOPEFULLY OVER THE SUMMER, RIGHT? CORRECT. WORKING WITH THE SCHOOL REP. WE DO I THINK HAVE ONE WEEK THEY DO A CAMP. YOU MIGHT WANNA CHECK THAT. YEAH, I MET WITH 'EM LAST WEEK, SO WE'RE DISCUSSING ALL THAT. YEAH. SO AGAIN, COMPETITIVELY BID, UH, AND WE'RE RECOMMENDING ING GUARD, WHICH IS THE LOW BIDDER. WE HAVE NOT WORKED WITH THEM, BUT THEY ARE A KNOWN ENTITY AND OUR ENGINEERS HAVE WORKED WITH THEM. IS THAT CORRECT? OKAY. UH, ITEM THREE IS A AWARD CONTRACT FOR RIGHT OF WAY MOWING FOR THE PUBLIC WORKS DEPARTMENT, UH, WITH CLEMENTS LAWN CARE. UM, AGAIN, THIS IS COVERS ALL OF THE ROAD RIGHT OF WAY WHERE WE ARE RESPONSIBLE FOR INCLUDING CERTAIN STATE ROUTES THAT TECHNICALLY WE'RE NOT RESPONSIBLE FOR. BUT IF WE DIDN'T DO IT, NOBODY ELSE WOULD. SO WE DO, UM, AGAIN, COMPETITIVELY BID AND UH, A COUPLE OF THE BIDDERS, UM, WERE DISQUALIFIED 'CAUSE THEY DIDN'T BID IT CORRECTLY, DIDN'T BID ALL THE RIGHT AREAS. UH, SO WE'RE RECOMMENDING CLEMENTS LAWN CARE, WHICH IS WHERE'S DALE? THE SON OF THE LONGTIME CONTRACTOR? CORRECT. SO AUSTIN HAS ACTUALLY RAN IT FOR SEVERAL YEARS WHILE HIS DAD OWNED IT UNDER THE NAME CLEMENTS LAWN SERVICE. SUN'S JUST BASICALLY NOW TAKING CONTROL, TOOK THE REIGN AND CHANGED IT TO CLEMENTS LAWN CARE. SO IT'S JUST BEEN A, A BUSINESS CHANGE, BUT IT'S BEEN THE, IT'S THE SAME STAFF THAT WE'VE HAD FOR 20 YEARS AND LIKE THE PARTS BID CAME IN VERY FAVORABLE, ACTUALLY A LITTLE LOWER I THINK THAN WHAT WE CHRIS QUESTION. YOU KNOW, THAT UH, UH, ITEM THAT WE RECENTLY APPROVED, THE PURCHASE OF THAT SORT OF GRAPPLE ARM THAT MM-HMM. IS ADJUSTABLE. IF WE EMPLOY PEOPLE, IF WE CONTRACT A COMPANY TO DO ALL THE RIGHT OF WAY, HOW FREQUENTLY ARE WE GONNA BE USING THAT PIECE OF EQUIPMENT? BECAUSE THE PICTURES ALL SHOWED IT ALONG A ROAD, YOU KNOW, REACHING WELL, THERE'S PARTS WE DO AND IF YOU MIND COME UP DOWN, OKAY. UM, PARTS WE DO AND, AND THAT'S INCLUDING LIKE THE BRUSH ALONG THE ROADS THAT, THAT MACHINE WOULD DO THAT THESE FOLKS WOULD NOT DO. SO WHAT THEY'RE TALKING ABOUT, THIS IS ALL THE FINISHED MOW FOR THE RIGHT OF WAY. THE PIECE OF EQUIPMENT THAT WE PURCHASED IS BASICALLY FOR THE STRAIGHT FACING ROADS LIKE JOHNSON CHAPEL WE'RE DOING RIGHT NOW TRYING TO TIDY UP. IT'S MORE OF BUSH, I'LL USE THE WORD BUSH HO BUSH HOGGING TYPE SITUATIONS. IT'S NOT A FINISHED MOWER, SO RIGHT OF WAY MOWING IS JUST LIKE THE ZERO TURNS YOU WOULD MOW YOUR YARD WITH. SO IT LOOKS GREAT AND FINISHED. THE PIECE OF EQUIPMENT WE BOUGHT IS TO DRIVE AROUND WILSON PIKE, LIBERTY CHURCH, ALL THE LIMBS THAT HANG OVER THE ROADS THAT CAN REACH UP. THIS, WE HAVE TO HAVE THE 14, WE JUST CUTS THE GRASS. YEAH, CORRECT. THIS GUY JUST CUTS THE RIGHT AWAY JUST LIKE YARD THE CURVES AND YEAH. AND SOME, EVEN SOME SIDEWALK WEED KILLING AND CORRECT. YEAH. AND LITTER CONTROL PRIOR TO THEM MOWING, THINGS OF THAT NATURE. SO THANK YOU. I WAS REALLY GLAD TO SEE THAT WE COULD KEEP THAT IN THERE. SO THEY THEY PICK UP THE LITTER RATHER THAN RUN OVER AND SPREAD IT, RIGHT? THAT'S RIGHT. EXACTLY. THAT'S RIGHT. AND THERE'S ALSO, I'VE SEE IT HAPPEN IN OTHER PLACES. THERE ARE SOME PROVISIONS IN THERE AS WELL THAT, UH, JUST LIKE THE STORM THAT WE JUST HAD LAST NIGHT, AND I, FIRST OF ALL, I APOLOGIZE FOR MY DRESS. I'VE [00:10:01] WE'RE ON THE GO LATE NIGHT AND EARLY MORNING, SO THEY'RE RUNNING TOGETHER. UM, IS IF WE'D HAVE A BIG STORM LIKE WE HAD AND THERE WOULD BE LITTER OUTSIDE OF OUR CONTROL THAT WE'RE TRYING TO PICK UP LIMBS AND TREES ALL OVER, BUT THERE'S TRASH EVERYWHERE THAT CAN ACTUALLY COME IN AND DO JUST A LITTER CONTROL AS WELL TO HELP US OUT DURING UNUSUAL CIRCUMSTANCES. THANK YOU FOR EVEN BEING HERE, DALE . NO PROBLEM. APPRECIATE IT. YOU GOT GUYS SCATTERED EVERYWHERE, BUT THEY'RE WORKING. AND THEN AGAIN, AS WE DO ROAD PROJECTS AGAIN, LIKE, YOU KNOW, FRANKLIN ROAD IS AN EXAMPLE. BEFORE THAT WE WOULD'VE TAKEN CARE OF THAT A LITTLE DIFFERENTLY THAN AFTER THAT ROAD PROJECT, WHICH IS MUCH MORE OF A FINISHED MOW NOW. SAME WILL HAPPEN WITH RAGSDALE WHEN WE'RE DONE WITH THAT IN A FEW YEARS AND THOSE KIND OF THINGS. SO THAT ADDS TO THE SCOPE BASED TIME GOES ON. ALL RIGHT. UH, NEXT COUPLE ITEMS ARE RELATED TO PREMISE IN THE CLINIC AND THE SERVICES THEY DO. THE FIRST ITEM IS THE ANNUAL, UM, RENEWAL AND UPDATE, UM, REGARDING JUST OUR GENERAL CLINIC SERVICES. UM, AND THAT CONTRACT PROVIDES FOR AN ANNUAL PRICE, UH, ADJUSTMENT. AND THE PROPOSED PRICE ADJUSTMENT HERE IS, UH, 5%. SO WE WOULD GO FROM, UM, NO, I'M SORRY, YEAH, 5% FROM 63 66 PER EMPLOYEE PER MONTH TO 66 4, WHICH PROJECTS OUT TO ROUGHLY $242,000 FOR THOSE SERVICES. UM, AND WE'RE GONNA TRY TO GET IT ALIGNED TO OUR FISCAL YEAR INSTEAD OF AN AUGUST START YEAR. SO TECHNICALLY THIS YEAR WILL BE 11 MONTHS WORTH AT THAT FEE. SO THAT SERVICES CONTINUES TO BE VERY WELL RECEIVED BY OUR EMPLOYEES. UM, SO WE'RE ASKING TO RENEW THAT WITH THE 5% INCREASE. AND THEN THE SECOND ITEM IS THE ADD-ON SERVICE THAT THEY DO DOWN THERE IN TERMS OF OUR ANNUAL PHYSICALS FOR POLICE AND FIRE, UH, SEPARATE LEVEL OF PHYSICALS FOR OUR PUBLIC SAFETY FOLKS. UH, AND THAT'S A SEPARATE, UM, AGREEMENT WITH THEM OUTSIDE OF THE REGULAR CLINIC SERVICES. UH, AND THAT IS ALSO A PROPOSED 5% INCREASE, UH, COULD BE 3% A YEAR. UH, WE, UH, EVERYONE AGREED THAT THEY WOULD NOT DO THE 3% LAST YEAR OF PROPOSING, UH, 5% THIS YEAR, WHICH IS A, WOULD BE A COMBINED 5% VERSUS 3% LAST YEAR AND 3% COMPOUNDED THIS YEAR. DID SOMETIMES STAFF HAVE TO GO SOMEWHERE ELSE THAT THEY COULDN'T DO IT ALL? YEAH. WHAT'S THE, ARE WE ABLE TO DO IT ALL THERE NOW OR IS THERE STILL ONE COMPONENT THAT THEY GO ELSEWHERE? FOR OF THE PHYSICAL PUBLIC SAFETY ASPECT OF THE PUBLIC SAFETY, THEY ARE NOT EQUIPPED TO DO THE EXERCISE STRESS TEST THERE. OKAY. AND THEY, WE HAVE TO HAVE A SEPARATE CONTRACT FOR THAT WITH AN OUTSIDE VENDOR. OKAY. SO IN ADDITION TO THE REGULAR CLINIC SERVICES AND PUBLIC SAFETY, THEY'RE ALSO A COLLECTION POINT FOR OUR DRUG TESTING PROGRAM TOO, RIGHT? YES. OKAY. ITEM SIX IS AN APPROVAL OF, UH, OFFICE 365 LICENSING WITH MICROSOFT AND OUR, UH, CLOUD SERVICES. AND THAT IS THROUGH INSIDE PUBLIC SECTOR THROUGH STATE CONTRACT, UH, $112,500. UH, AND THAT'S A THREE YEAR RENEWAL, IS THAT RIGHT, SARAH? UM, SO THAT'S A KIND OF PER USER FEE. IS THERE AN INCREASE OR IS THAT JUST THERE'S AN INCREASE YES. ABOUT 12,000 MORE THAN WHAT WE'VE BEEN PAYING. OKAY. OKAY. SARAH ON THAT, IS EVERYONE USING THE SAME SUITE OF TOOLS OR DOES SOME PEOPLE, CAN THEY USE THE ONLINE VERSION OF OFFICE VERSUS THE, THE FULL INSTALLED VERSION ON THE PC? UM, SOME PEOPLE USE, I USE BOTH ACTUALLY. WELL, NO, BUT, BUT I KNOW THERE, THERE ARE DIFFERENT PRICE POINTS, YOU KNOW, I CAN DO ONLINE ONLY IT'S ONE PRICE POINT OR IF YOU FULL SUITE ON THE PC, IT'S A HIGHER PRICE POINT. SO WE HAVE OFFICE 365 AS PART OF OUR SUBSCRIPTION AND WE HAVE THE MICROSOFT ENTERPRISE AGREEMENT AS WELL. SO THAT, I MEAN, SO THE ENTERPRISE AGREEMENT JUST COVERS EVERYBODY FOR THE SAME PACKAGE AND IT'S AVAILABLE ONLINE OR OUR 365 IS PART OF OUR MICROSOFT ENTERPRISE AGREEMENT. I'LL HAVE TO DOUBLE CHECK ON SOME OF THOSE COMPONENTS FOR YOU NELSON. BUT, UM, SO PART OF OUR, UH, ENTERPRISE AGREEMENT ALSO IS OUR SERVER LICENSING, ALL OF THOSE ON-PREM LICENSING COMPONENTS THAT WE HAVE TOO. YEAH, WELL I WAS JUST CURIOUS. WE HAVE A MUCH SMALLER USER BASE THAN YOU GUYS, BUT I KNOW, YOU KNOW, WE ONLY HAVE A PORTION OF OUR STAFF THAT REALLY USES THE, THE EXCEL AND SOME OTHER TOOLS AS MUCH AS EMAIL. MM. SO SOME PEOPLE ARE PERFECTLY HAPPY WITH JUST THE, THE ONLINE PORTAL PORTAL. JUST A 365 LICENSE. YEAH. YEAH. JUST THE BASIC VERSION AND WE'RE ABLE TO, BUT I DIDN'T KNOW IF THAT'S EVEN APPLICABLE AT THE CITY. UH, WE DO HAVE SOME THAT [00:15:01] HAVE JUST AN EMAIL LICENSE AND PART OF THAT IS BECAUSE OF OUR BADGE STUFF, UM, THAT DON'T HAVE THE FULL SUITE, UM, WORD MICROSOFT OR YOU KNOW, EXCEL, THAT SORT OF THING. SO WE DO HAVE SOME USERS THAT DON'T HAVE THE FULL SUITE FROM, AND THAT MAY BE 65 LIBRARY, PART-TIME WORKERS LIBRARY, PART-TIME, A LOT OF OUR PUBLIC WORKS. YEAH. UM, KIND OF THOSE. SO WE'VE LOOKED AT A TIERED SYSTEM LIKE THAT AS WE'RE MAKING SURE WE HAVE AN EFFICIENT BUY. YES. SO IT IS PRETTY TIERED LIKE THAT. YES. I'M SORRY. YEAH. THANK YOU. OKAY. SEVEN IS JUST APPROVAL OF VARIOUS EQUIPMENT, GRAPHICS AND INSTALLATION SERVICES FOR OUTFITTING, UH, NINE NEW POLICE VEHICLES THAT ARE PART OF OUR EQUIPMENT REPLACEMENT FUND PURCHASE FOR THE CURRENT YEAR. SHOULD WE HAVE THESE ALREADY? DO WE HAVE THE VEHICLES? WE HAVE SOME OF THEM. WE HAVE ALL IN THE, UH, WE HAVE SOME OF, UM, SO AGAIN, THE TWO BIDS ON THAT AND ARE RECOMMENDING THE LITTLE BID WITH ON-DUTY DEPOT FOR LITTLE OVER $97,000. AND THAT'S EVERYTHING FROM DECALS TO RADAR UNIT OR I GOT ALL THIS STUFF SCREEN TOP HOLDER, SCREEN DETECTORS, CAGE, CAGE CAGES, BUMPERS, YOU NAME IT. LIGHT BARS. LIGHT BARS, EVERYTHING. YEAH. UM, AND BOTH OF THOSE VENDORS WE'VE DONE BUSINESS WITH BEFORE AND ARE COMFORTABLE WITH. ABSOLUTELY. UH, DO YOU FEEL GOOD THAT WE WILL GET ALL OF THESE VEHICLES? YES. THEY'RE STARTING TO TRICKLE IN, SO, OKAY. I THINK WE'LL HAVE, OKAY, GREAT. EIGHT IS APPROVAL TO DONATE, UM, RADAR UNITS OUT OF DATE RADAR UNITS TO THE CITY OF MCKEEN POLICE DEPARTMENT. UM, SO IT'S THREE, UM, RADAR UNITS THAT WE'VE REMOVED FROM OUR SURPLUS VEHICLES. THEY ARE OUT OF DATE FOR US, BUT OUR, OUR USABLE HAVE TO GET RECALIBRATED CERTIFIED. THAT'S RIGHT. THEY ARE STILL USABLE, BUT THEY'LL HAVE TO SPEND SOME MONEY TO GET 'EM RECALIBRATED. WE TYPICALLY BUY NEW UNITS WHEN WE GET NEW CARS SINCE WE'RE ON AT LEAST A SIX, SEVEN YEAR CYCLE. SO THAT'S DIDN'T WORK ACCURATELY. WELL, HOPEFULLY THEY'RE OFTEN USED IN COURT TAXES. YES. I THINK IT'S IMPORTANT THAT THEY BE ACCURATE. WELL, AND THEY'LL HAVE TO SPEND SOME MONEY TO MAKE SURE THAT THEY'RE ACCURATE BECAUSE WE CERTIFIED. YEAH. THEY'LL HAVE TO GET 'EM RECALIBRATED CERTIFIED THEY USED. YEAH. UH, AND I THINK MOST OF YOU KNOW MCEWEN IS OUT HUMPHREY COUNTY, I THINK ON WEST OF DIXON THERE. ALRIGHT. AND ITEM NINE IS APPROVAL TO PURCHASE TWO VEHICLES, UH, FOR THE ENGINEERING DEPARTMENT. ONE IS A FORD EXPLORER FROM LON COBB FORD AND ONE IS A TOYOTA TACOMA PICKUP FROM ROBERTS TOYOTA, BOTH OF WHICH ARE UNDER STATE CONTRACT. UM, ENGINEERING IS SOME ONE OF THESE, THAT PICKUP WAS SOMETHING WE'VE BEEN TRYING, I THINK THIS IS THE THIRD YEAR OF TRYING TO GET THAT ONE. YEP. . UM, AND THEN THE, UH, FORD EXPLORER, UH, IS MORE OF A ADVANCED ONE. I THINK THERE WAS DISCUSSION ABOUT NEEDING ANOTHER ONE, POSSIBLY A NEXT YEAR'S BUDGET, UH, BECAUSE OF AVAILABILITY AND SOME SAVINGS IN THE BUDGET THIS YEAR. THEY'LL BUY IT OUT OF THIS YEAR'S BUDGET, UH, AND HOPEFULLY GET THEM FULL STAFFED. I THINK RIGHT NOW SOMEBODY'S DRIVING AN OLD POLICE CAR. THAT'S RIGHT. YEAH. I DUNNO WHAT THE 2017 POLICE CRUISER, UH, SUV SO WHAT THE BUILDERS LOOK, THINK ABOUT WHEN THAT ONE PULLS UP. BUT, UH, DECALS ARE OFF. THE DECALS ARE OFF. YEAH. IT'S JUST BARK. IT'S STILL BLUE AND SILVER MIGHT BE A POSITIVE. YEAH. WE'VE HAD SOME INTERESTING, UH, SCENARIOS WHEN WE PULL UP ON SITE WITH THAT ONE. BUT THIS WILL ALLOW THEM, THESE ARE BOTH, UH, ON THE LOT OR, OR ONE'S ON THE LOT. AND ONE HAS BEEN TOLD THAT IT'S ON ORDER AND WE'LL BE HERE BEFORE THE END OF THE FISCAL YEAR. THAT'S RIGHT. UM, AT THE DEALER LONNIE COBB IS IN HUH? HENDERSON, HENDERSONVILLE HENDERSON, TENNESSEE. HENDERSON, TENNESSEE, THE SOUTH OF JACKSON. YEAH. NO, YEAH. WE'RE NOT GOING OUTTA STATE. THESE ARE, THESE ARE ALL IN-STATE. THIS ONE'S IN STATE AT LEAST. YEAH. THE FIRE DEPARTMENT ARE THE ONES THAT FIND THEM IN MINNESOTA OR VIRGINIA OR WHATEVER. SO, UM, BUT THE BOTH OF THOSE DEALERS, UH, WITH A NON-BINDING LETTER OF COMMITMENT ARE HOLDING THOSE SUBJECT TO YOUR ALL'S APPROVAL ON MONDAY NIGHT. SO THAT'S RIGHT. AND THAT'S IT FOR THE AGENDA. SO HOPEFULLY, UM, PRETTY QUICK MEETING ON, UM, YOU MIGHT MAKE THE PARTY AFTERWARDS FOR THE MEMORIAL DAY. I'M SO EXCITED ABOUT THAT CELEBRATION TONIGHT. I THINK IT'S GONNA BE GREAT. UM, SO MOVING ON THEN TO THE OTHER RIGHT ITEMS [00:20:01] TO DISCUSS. THANKS GUYS. KURT, BEFORE WE GET ON BACK, I AHEAD AND EMAILED YOU ABOUT BACKYARD PICKLEBALL COURTS. YEAH. OKAY. I JUST WANNA BRING THIS UP TO THE OTHER COMMISSIONERS JUST IN CASE Y'ALL HAVE GOTTEN COMPLAINTS. I'VE GOTTEN SEVERAL COMPLAINTS ABOUT A NOISE ISSUE, UM, WHERE A NEIGHBOR HAS BUILT A BACKYARD PICKLEBALL COURT AND THEN HAS PRETTY CONSISTENT PLAYING GOING ON WITH FRIENDS COMING OVER AND SO FORTH. NO REASON TO BELIEVE IT'S A BUSINESS OR ANYTHING, BUT, UM, I ASKED, I COMMUNICATED WITH KIRK AND KRISTEN AND ASKED THEM TO LOOK AT OUR ORDINANCES AND MAYBE TALKED TO US TWO WEEKS FROM NOW. IF THERE'S ANYTHING THAT, UM, I THINK IT'S GONNA BE AN ONGOING ISSUE 'CAUSE I EVEN MYSELF WAS CONTACTED BY A BUSINESS WANTING TO PUT A BACKYARD PICKLEBALL COURT IN MY OWN HOUSE IN MY OWN YARD. SO, UM, I THINK A LOT OF BRENTWOOD RESIDENTS, GIVEN THAT WE HAVE LARGER, UM, PROPERTY, YOU KNOW, YARDS AND MORE PEOPLE WITH DISPOSABLE INCOME, I THINK THIS IS COMING. SO I THINK THE CONCERN, IT'S PRETTY LOUD AND HAD A RESIDENT WHO HAD DONE A LOT OF RESEARCH AND GAVE A LOT OF DETAILS ABOUT THE ACTUAL DECIBEL LEVEL OF THAT CONTINUED PLAY. UM, AND IT MAY BE THAT WE CAN'T DO ANYTHING, BUT WE NEED TO KIND OF LOOK SO THAT WE ALL HAVE AN ANSWER FOR RESIDENTS WHEN THEY, UM, YOU KNOW, EMAIL US WITH SOME CONCERNS BECAUSE OUR CURRENT NOISE ORDINANCES DON'T REALLY HELP WITH THE NOISE SITUATION IF THEY'RE JUST PLAYING NORMAL PLAY DURING THE DAY. BUT IT'S AN ONGOING THING. UM, ONE RESIDENT SAID HER NEIGHBORS PLAY ANYWHERE FROM 10 TO 20 HOURS A WEEK ON THEIR, UM, PICKLEBALL COURT. SO ASKED KRISTEN AND SHE HAD LEARNED SOME STUFF RECENTLY, UM, AT HER CONFERENCE. SO, UM, I THINK IN A COUPLE WEEKS. YEAH. YEAH. WE'LL GO TALK ABOUT IT AT THIS JUST TO SEE IF THERE'S BRIEFING. THERE'S, IT, IT IS A, A REAL ISSUE. THERE'S HEADLINES AROUND THE COUNTRY OF IT BEING LAWSUITS BETWEEN NEIGHBORS AND THAT KIND OF STUFF. AND SO IT IS AN ISSUE. I THINK THE CONCERN'S GOING TO BE FOR YOU ALL IS, UM, THERE ARE OTHER BACKYARD ACTIVITIES AND SPORT COURTS AND ALL THAT KIND OF STUFF. SO JUST A DECIBEL LEVEL, HOW DO YOU ADDRESS THE PER, IF YOU WANTED TO PICKLE A BALL WITHOUT ALSO CAPTURING A LOT OF OTHER ACTIVITIES THAT GO ON TODAY THAT WOULD BE SIM SIMILAR DECIBEL LEVELS THAT MAYBE YOU, YOU KNOW, HOW FAR DO YOU GO AND, AND ARE YOU, ARE YOU GOING DOWN A PATH THAT MAYBE STARTS CAPTURING A BUNCH OF OTHER, BUT THAT'S A DISCUSSION TO HAVE. YEAH. NOT TRYING TO GET INTO A BIG DISCUSSION TODAY. YEAH. JUST LETTING Y'ALL KNOW IF YOU GET SOMETHING IN THE NEXT COUPLE WEEKS FROM PEOPLE. 'CAUSE I'VE GOTTEN SEVERAL, THEN MAYBE LET 'EM KNOW IT'S COMING. WE'RE GONNA TALK ABOUT IT. THE HARLEY THING CAME UP, WE'VE TALKED ABOUT DESK SCHOOL LEVELS ALL THE TIME, AND IT'S SO HARD TO MONITOR WHEN THERE'S A COMPLAINT BECAUSE USUALLY BY THE TIME SOMEONE CAN MONITOR IT, THE NOISE LEVEL IS DOWN. SO, I MEAN, I, I AGREE WITH PEOPLE WHEN IT'S JUST DRIVING YOU CRAZY, BUT SOMETIMES WHEN WE LEGISLATE SOMETHING LIKE THAT, IT'S A FALSE PROMISE THAT WE CAN'T ENFORCE, YOU KNOW? SO I I DON'T KNOW IF IT'S JUST, I THINK IT'S SOMETHING THAT WE NEED TO THINK LONG AND HARD ABOUT BEFORE. YEAH. IT'S JUST STARTING A DISCUSSION AND, AND LIKE I SAY, IT'S KRISTEN'S WENT, UH, THERE'S SOME CITIES THAT HAVE DONE SOME PRETTY EXTREME THINGS ON THAT. AND SO, SO AT MY IMLA CONFERENCE, THE INTERNATIONAL MUNICIPAL LAWYERS ASSOCIATION, WHICH I KNOW Y'ALL KNOW IS RIVETING, BUT IT REALLY IS , BUT THERE WAS A WHOLE HOUR, I MEAN, THERE WAS A CLE JUST DEDICATED TO PICKLEBALL, UM, NOISE. SO IT, IT DEFINITELY IS. IT'S COMMISSIONER MCMILLAN SAID IT'S, YOU KNOW, NOT A NEW THING. SO YEAH. AND, AND LET'S SAY THAT, NOT TO END A BIG LONG DISCUSSION, BUT, AND I GUESS THE, THE, THE FIRST QUESTION I'D HAVE IS IT, I MEAN, USUALLY WHEN WE'RE TALKING ABOUT NOISE, IT'S EITHER A BARKING DOG MM-HMM. OR LONG CUTTING, OR A NEIGHBOR WHOSE KID HAS STARTED A ABANDON OR PRACTICING AT THE HOUSE, OR, I MEAN, THIS HAS COME UP TIME AND AGAIN, AND A LOT OF TIMES IT SEEMS TO BE, IT'S WHEN THERE'S A CHANGE. RIGHT? RIGHT. YOU KNOW, A A A NEW DOG IN THE NEIGHBORHOOD, OR, YOU KNOW, A NEW LAWN SERVICE THAT STARTS AT 6:00 AM OR WHATEVER. YEAH. UM, DO YOU, IS IS IT, IS OUR ORDINANCE COVERS ALL THESE THINGS, RIGHT? IT'S JUST ONE ORDINANCE. IT'S OUR ORDINANCE ISN'T ACTIVITY SPECIFIC, I WOULDN'T THINK CORRECT ACTIVITY SPECIFIC. IT IT IS IN SOME INSTANCES. UM, BUT AS COMMISSIONER MCMILLAN SAID SOMETHING LIKE, THIS IS CERTAINLY NOT COVERED OR NOT CONTEMPLATED UNDER OUR CURRENT CURRENT NOISE ORDINANCE. MM-HMM. UM, AND, AND WITHOUT GETTING TOO, TOO MUCH IN THE WEEDS AGAIN, BECAUSE WE'RE GONNA TALK, I DID LET COMMISSIONER MCMILLAN KNOW THAT THE CITIES WHO HAVE REGULATED PICKLEBALL HAVE DONE SPECIFIC NOISE STUDIES BASED ON CERTAIN ACTIVITIES. AND AS KIRK MENTIONED, HOW THEY, UM, I'M JUST GETTING, UM, HOW THEY, HE TOLD ME NOT TO GET INTO IT. AND HERE I'M SO AGAIN, HOW THEY, HOW THEY ADDRESS OTHER ACTIVITIES. JUST GET OUT IT. YEAH, I'M OUT. THANK YOU. THANK YOU. LAND THE PLANE, RIGHT, . ALRIGHT, SO THEN MOVING ON. [00:25:01] UM, I'LL GET SPENCER PATTON UP HERE AGAIN. UM, WE WANTED TO, WE'VE HAD SOME BACK AND FORTH AND SHARED INFORMATION WITH YOU ALL REGARDING, UH, A PROPOSAL FROM, UH, MR. PATTON AND HIS COMPANY REGARDING A POSSIBLE PUBLIC PRIVATE PARTNERSHIP ON THE RACKET FACILITY WE'VE BEEN DISCUSSING. SO, UH, I THINK WE ALL DECIDED WE'RE AT THE KIND OF POINT WHERE WE JUST NEED TO GET, UM, SPENCER HERE AND, UM, KIND OF TALK ABOUT WHAT THEY'RE PROPOSING AND START WITH AND LET 'EM HAVE A DISCUSSION WITH YOU ALL, ASK QUESTIONS BACK AND FORTH, AND KIND OF SEE IF THERE'S ENOUGH INTEREST TO, TO MOVE ON TO THE NEXT PHASE OF THESE DISCUSSION. SO I'M GONNA TURN IT TO HIM AND LET HIM GO. COMMISSIONERS, THANK YOU FOR HAVING ME HERE TODAY. IT'S, UM, A SPECIAL MOMENT FOR ME. SO I'M BORN AND RAISED HERE IN BRENTWOOD. MY CHILDHOOD HOME WAS IN MCGAVICK FARMS. I AM A PRODUCT OF THE MARYLAND FARMS, YMCA, THE TENNIS THAT I PLAYED. I DECIDED NOT TO SHOW IT IN THE SLIDESHOW HERE, BUT THERE ARE PHOTOS YOU CAN TAKE IT ON. INFORMATION AND BELIEF OF ME AT FIVE YEARS OLD HOLDING A RACKET IN THAT FACILITY. UM, I REALLY CARE ABOUT, UH, THE CITY. I CARE ABOUT THE YOUTH. THE OPPORTUNITIES THAT I HAD ARE ONES THAT, UH, SUBSTANTIALLY SHAPED, UH, WHO I AM TODAY. UM, I'M, UH, UH, STILL HERE. MY, UH, KIDS, UH, ARE, ARE HERE AND, UH, CONSUMING ALL THE THINGS THAT, UH, MAKE US KNOW AND LOVE. BRENTWOOD. UH, MY OLDEST DAUGHTER, UH, IS AT BRENTWOOD ACADEMY. UH, I'VE GOT FOUR KIDS. UH, WE'RE 13, 11, 10, AND FOUR. UM, MY OFFICES ARE HEADQUARTERED, UH, RIGHT OVER ON VIRGINIA WAY. UH, AND SO I'LL GET TO INTRODUCE, UH, A LITTLE BIT OF MY WORK LIFE IN JUST A SECOND. BUT, UH, I DEFINITELY WANTED TO START WITH MY APPRECIATION, AND IT'S NOT LOST ON ME TO HAVE THE OPPORTUNITY TO PRESENT THIS IDEA TO YOU. UH, I TAKE THIS REALLY SERIOUSLY AS THE OPPORTUNITY TO POTENTIALLY BE THE STEWARD OF NOT ONLY TAXPAYER RESOURCES, UH, BUT ALSO, UH, OF THE YOUTH PROGRAMS THAT, UH, I BELIEVE THIS FACILITY COULD REALLY SHINE INSIDE OF OUR COMMUNITY. SO, UH, I HOPE, UH, BY THE END OF THE PRESENTATION, WHICH, UH, SHOULD LAST ABOUT 20 MINUTES OR SO, UH, FEEL FREE TO ASK QUESTIONS THROUGHOUT THAT. UH, NOT THAT I HAVE TO GIVE ANY OF YOU PERMISSION TO DO THAT, UH, BUT, UH, FEEL FREE TO ASK QUESTIONS, UH, AND, UH, WE WILL HAVE A, A GOOD DISCUSSION HERE, UH, TODAY. SO, UH, THANK YOU AGAIN. SO I'LL, WITH THAT, I'LL, I'LL DIVE IN. UM, SO, UH, AROUND THE, UH, ROOM AT LEAST PARTIALLY, YOU'RE GONNA SEE, UH, SOME FACES THAT MAY LOOK FAMILIAR FROM, UH, FROM THIS SCREEN. I'VE, UH, BROUGHT SOME OF MY EMPLOYEES HERE. UH, ALLOW ME TO SPEND FIVE MINUTES TO JUST LET YOU KNOW FROM A BUSINESS BACKGROUND, UH, WHO I AM AND WHAT I'VE BEEN ABLE TO ACCOMPLISH OVER THE LAST DECADE. UH, I'M AN ENTREPRENEUR THROUGH AND THROUGH, UH, I GRADUATED VANDERBILT UNIVERSITY IN 2008. UH, I HAVE, UH, BEEN IN THE TRANSPORTATION AND LOGISTICS SPACE FOR A LITTLE OVER A DECADE. UH, A LOT OF PEOPLE DON'T KNOW THE PERSON COMING TO YOUR DOOR WEARING A FEDEX UNIFORM, DRIVING A FEDEX TRUCK IS NOT ACTUALLY A FEDEX EMPLOYEE. UH, FEDEX GROUND CONTRACTS OUT THEIR PACKAGE DELIVERY TO SMALL BUSINESS OWNERS ALL ACROSS THE UNITED STATES. SO THE PERSON COMING TO YOUR DOOR, UH, IS EMPLOYED BY SOMEONE LIKE MYSELF. UM, THERE ARE 6,000 SMALL BUSINESS OWNERS ALL ACROSS THE UNITED STATES, WHERE YOU AS A FEDEX CONTRACTOR ARE RESPONSIBLE FOR OWNING THE FEDEX TRUCKS. YOU ARE HAVING DRIVERS THAT ARE YOUR W2 EMPLOYEE, UH, AND YOU ARE TASKED WITH DELIVERING ON THE PROMISE THAT, UH, YOU ALL HAVE HEARD A NUMBER OF TIMES WITH FEDEX, WHEN IT ABSOLUTELY, POSITIVELY HAS TO ARRIVE ON TIME, IT'S FEDEX. AND THAT HAS BEEN A PROMISE THAT WE HAVE HAD TO DELIVER ON FOR A LONG TIME. UH, MY ORGANIZATION HAS GROWN TO BECOME THE LARGEST CONTRACTOR IN THE UNITED STATES TO FEDEX GROUND. UH, HAD A LOT OF TRUCKS ON THE ROAD, A LOT OF DRIVERS ON THE ROAD. AND WHAT I'VE ALSO REALIZED THROUGH THAT IS THAT THESE SMALL BUSINESS OWNERS HAVE A LOT OF THE SAME NEEDS AS I DO. UM, I WOULD STRUGGLE TO RECRUIT DRIVERS AND MAKE SURE THAT WE HAD ENOUGH, UH, TO OPERATE THE EQUIPMENT. I WOULD STRUGGLE TO MAKE SURE THAT THEY RECEIVE THE RIGHT SAFETY TRAINING. AND WHAT I REALIZED IS THAT MY BUSINESS HAD A LOT OF THE SAME CHALLENGES AS EVERY OTHER SMALL BUSINESS OUT THERE THAT IS TRYING TO DEAL IN THE TRANSPORTATION, LOGISTICS, AND WAREHOUSING SPACE. AND SO MY BUSINESS HAS GROWN TO OVER A HUNDRED MILLION DOLLARS WORTH OF SERVICES TO INDIVIDUALS THAT LARGELY ARE IN ONE OF THOSE THREE TRANSPORTATION LOGISTICS AND, UH, WAREHOUSING INDUSTRIES. SO OUR OFFICES, AS I MENTIONED, WE HAVE, UH, ABOUT 45,000 SQUARE FEET OF SPACE, UH, IN THE, UH, THE, THE TWO GRAY BUILDINGS THAT ARE DIRECTLY ACROSS FROM BRENTWOOD ACADEMY. UH, WE'RE IN THE RIGHT BUILDING. SO, UH, YOU'LL SEE THE NAME PATENT LOGISTICS AND ROUTE CONSULTANT AT THE TOP OF THAT BUILDING WHERE THE FOURTH FLOOR, UH, AND HALF OF THE THIRD FLOOR, UH, IN THAT LOCATION. UH, [00:30:01] AND THAT'S, UH, HEADQUARTERS. AND LIKE I MENTIONED, SOME OF MY EMPLOYEES ARE, ARE HERE TODAY. THE REASON WHY I FELT IT IMPORTANT TO, TO BRING A, A PIECE OF, UH, MY ORGANIZATION HERE IS THAT, UM, IF THIS IS SOMETHING THAT, UH, THE COLLECTIVE COMMISSIONERS BELIEVE IS SOMETHING THAT WE CAN BE TRUSTED WITH, AND IT'S A GOOD USAGE OF THE TAXPAYER DOLLARS, UH, YOU'RE GETTING SO MUCH MORE THAN JUST SPENCER PATTON. UH, YOU'RE GETTING A HUNDRED EMPLOYEE ORGANIZATION THAT HAS, UH, A GREAT HEART AND IS ROOTED RIGHT HERE IN THE COMMUNITY. UH, AND CARES A GREAT DEAL, UH, ABOUT HOW THIS PROGRAM, UH, UNFOLDS. SO THAT'S THE BACKGROUND. UM, LET ME INTRODUCE, UH, A LITTLE BIT OF THE PROBLEM STATEMENT AND, AND WHAT'S GOING ON. SO, AS, UH, THE COMMISSIONERS ARE WELL AWARE, UH, WE'VE LOST, UH, A NUMBER OF TENNIS COURTS, UH, WITH THE MARYLAND FARMS. Y WE ALSO, UH, UNDERSTAND THIS, UH, WILD SPORT FROM JUST A DISCUSSION A MOMENT AGO ABOUT PICKLEBALL AND, UH, THE NOISE THAT THAT, THAT IT CREATES. IT'S A LOT OF FUN. YOU CAN SEE THAT BIG CIRCLE IN THE MIDDLE, UH, THAT GRAPHICALLY SHOWS 4.8 MILLION PICKLEBALL PLAYERS NATIONWIDE IN 2021. AND WHEN YOU COMPARE THAT JUST ONE YEAR LATER, IT'S AT 36.5 MILLION PICKLEBALL PLAYERS. THAT IS ALMOST TENFOLD GROWTH, AND THAT'S 2022. AND WHAT I CAN TELL YOU IS THAT THAT CIRCLE HAS GOTTEN LARGER AND LARGER AS IS EXPECTED TO BE LARGER, BUT IT'S ALSO NOT JUST A PICKLEBALL STORY. TENNIS HAS SEEN SUBSTANTIAL GROWTH SINCE 2020 AS WELL, AND WE GRAPHICALLY SHOWED THAT ON THE OTHER SIDE. YOU WANNA ASK A QUESTION? ABSOLUTELY. I, I DON'T PLAY EITHER, BUT, UM, MY CHILDREN DID PICKLEBALL. YOU KNOW, EVERYTHING YOU READ ABOUT IS ADULTS. ARE THERE ANY YOUNG KIDS COMING ALONG THAT ARE INTERESTED IN PICKLEBALL? THANK YOU FOR THAT QUESTION. COMMISSIONER DUNN? YES. THE YOUTH OF PICKLEBALL IS ONE THAT IT'S A MORE ACCESSIBLE SPORT TO YOUNGER KIDS, GIVEN THAT IT'S KIND OF LIKE JUMBO PING PONG IS A GOOD WAY TO THINK ABOUT IT. WELL, IT'S LESS EXPENSIVE THAN TENNIS TO YOUR EQUIPMENT, RIGHT? YOU'RE EXACTLY RIGHT. SO TENNIS IS AMONGST THE TOP THREE MOST EXPENSIVE SPORTS TO PARTICIPATE IN FOR A VARIETY OF DIFFERENT REASONS. UM, PICKLEBALL, AND PART OF THE REASON WHY IT'S GROWN LIKE IT HAS IS THAT YOU CAN DO SO WITH A PADDLE AND A WHIFFLE BALL. THE NETS THEMSELVES ARE TRANSPORTABLE IN MANY CASES, IF YOU WANT TO JUST SET UP SOMETHING IN, UH, YOUR YARD OR IN OTHER PLACES, WHICH IS A LOT OF WHAT WE'RE SEEING THAT ROOF HAPPEN. AND OUR, THE BOYS IN KNOXVILLE HAVE A VERY FLAT YARD AND A BIG DRIVEWAY, AND THEY GOT THE PORTABLE NET. WE PUT TAPE DOWN AND WE SET IT UP LAST SUMMER WITH THE TWO GRANDKIDS TO PLAY. I'LL DO THAT FOR MY GRANDKIDS WHEN THEY, YEAH. BHS HAS A PICKLEBALL CLUB NOW. IT'S, IT'S, UH, IT'S AMAZING TO SEE THAT GROWTH OF THE STORY. BUT YOU'RE GONNA SHARE THESE SLIDES WITH US, OR DO WE NEED TO TAKE NOTES? NO, WE HAVE 'EM. WE'LL SHARE 'EM. OKAY. YEAH, ABSOLUTELY. YES, YES, ABSOLUTELY. EVERYTHING WILL, WILL BE AVAILABLE HERE. I, I, I HAVE, UH, ONE HANDOUT, UH, TOWARDS THE END AS WELL TOO. OKAY. THAT, THANK YOU. I'LL MAKE SURE THAT YOU WALK OUT WELL. UM, SO HAVING ADDRESSED THE, THE PROBLEM STATEMENT AND THE, THE, THE LOSS OF COURTS, THE LACK OF COURTS, UM, I'LL, I'LL SWITCH AND JUST BRIEFLY ADDRESS WHAT I PERCEIVE AS A, A, A GOOD SOLUTION. THERE ARE A, A COUPLE DIFFERENT PATHWAYS THAT THE CITY OF BRENTWOOD CAN MOVE FORWARD. UM, EACH ONE OF THEM HAS ITS OWN PROS AND CONS. UM, ONE PATHWAY IS, UH, TO, TO NOT DO ANYTHING AT ALL. AND, AND I CAN APPRECIATE THE ARGUMENTATION THERE AROUND SAYING THAT LET'S BE VERY, VERY MINDFUL THAT THIS IS A, UH, GOOD DEPLOYMENT OF TAXPAYER DOLLARS. LET'S MAKE SURE THAT THIS IS SOMETHING THAT WILL BENEFIT THE CITY. UM, AND, AND THAT IS A PATH FORWARD. AND, AND WE, WE SHOULD DEFINITELY HAVE DEEP DISCUSSIONS ABOUT THAT. UM, ANOTHER PATH FORWARD IS CERTAINLY LIKE WHAT THE COMMISSIONERS HAVE EXPLORED ALREADY, UH, IN A, UH, PARTNERSHIP WITH WILLIAMSON COUNTY, UH, IN EXAMINING WHAT THAT WOULD LOOK LIKE IN A MORE MUNICIPAL RUN, UM, ORGANIZATION. BUT WHAT I'M HERE TO PRESENT TO YOU TODAY, UM, IS ONE THAT IN A PUBLIC PRIVATE PARTNERSHIP WILL OFFER SOME OF THE BENEFITS OF A CITY SUPPORTED ORGANIZATION, UH, IN THE VERY VALUABLE CONTRIBUTION OF THE LAND, UM, AND OF THE LOCATION. UM, BUT HAVING THE ENTREPRENEURIAL SPIRIT OF AN ORGANIZATION THAT WILL ALLOW THIS COMPANY, THIS, UH, PLATFORM TO BE PROFITABLE AND TO BE RUN IN A WAY THAT I THINK IS, IS GOING TO BE INSPIRING FOR INDIVIDUALS TO WANT TO COME TO THE FACILITY. UM, ENTREPRENEURS DO RUN THINGS DIFFERENTLY THAN MUNICIPAL ORGANIZATIONS DO, AND, UH, THERE'S A LOT OF REASONS FOR THAT. BUT, UH, TO PROPERLY UNDERSTAND THE VISION THAT I HAVE FOR THIS FACILITY MUST BEGIN WITH ITS EMPHASIS UPON YOUTH ATHLETICS. [00:35:01] THIS FACILITY WILL CATER TO EVERY AGE GROUP, PLEASE DON'T GET ME WRONG AND HEAR ME INCORRECTLY, TO SAY THAT IT WON'T SERVE EVERY AGE DEMOGRAPHIC, BUT THE CHIEF DESIGN IS ADDRESSING A VERY SIGNIFICANT SHORTAGE IN YOUTH DEVELOPMENT PROGRAMS FOR TENNIS AND PICKLEBALL. ONE THING THAT YOU MAY OR MAY NOT REALIZE IS THAT THE MARYLAND FARMS, YMCA HAD ONE OF THE STRONGEST YOUTH TENNIS PROGRAMS, NOT JUST IN TENNESSEE, BUT IN THE SOUTHEASTERN PART OF THE UNITED STATES. THEY, WE HAD A GYM RIGHT HERE IN OUR BACKYARD OF THE PRODUCTION OF THE TYPE OF ATHLETES THAT, THAT MARYLAND FARMS FACILITY HAS GENERATED MILLIONS AND MILLIONS OF DOLLARS IN SCHOLARSHIPS FOR OUR BRENTWOOD FAMILIES HERE AND ENABLED COLLEGE ATTENDANCE, UH, IN SITUATIONS THAT LIKELY WOULDN'T HAVE OTHERWISE BEEN AVAILABLE. AND I'VE SEEN THOSE KIDS FIRSTHAND, I'VE GROWN UP WITH THEM. UH, THAT LEGACY IS ONE THAT I VERY MUCH STILL WANT FOR THE CITY OF BRENTWOOD. SO, TO PROPERLY UNDERSTAND THIS FACILITY, IT IS GOING TO FEATURE A LOT OF TOURNAMENT PLAY. IT'S GONNA FEATURE LESSONS AND CLINICS, THINGS THAT WILL ALLOW A DEVELOPMENT OF ATHLETIC TALENT, BUT STILL HAVE A FACILITY THAT IS ACCESSIBLE FOR THE RECREATIONAL PLAYER. UH, ONE EXAMPLE OF SOMETHING THAT I THINK WILL BE A HIGHLIGHT OF THE FACILITY WILL BE WHAT ARE CALLED SMART COURTS. UM, FOR THOSE THAT HAVE EVER BEEN INSIDE THE INNSWORTH FACILITY, THEY ACTUALLY HAVE TWO SMART COURTS. BUT THE WAY THAT TECHNOLOGY WORKS IS THAT THERE ARE CAMERAS THAT ARE POSITIONED AT THE FOUR CORNERS OF THE COURT, AND THOSE CAMERAS ACTUALLY HAVE THE CAPABILITY OF CALLING THE LINES, UH, AND IT, IT, IT CALLS THEM IN AND OUT. UH, IT CAN DETECT THE ROTATIONAL VELOCITY OF THE BALL THAT YOU HIT, UH, AND CAN HELP PROVIDE BETTER COACHING FOR THE NUMBER OF RPMS THAT YOU'RE GETTING ON, UH, YOUR BALLS. THERE'S A NUMBER OF DIFFERENT THINGS THAT, UH, IT WILL BE IN AND OF ITSELF, A UNIQUE ATTRACTOR AND VALUE PROPOSITION FOR THIS FACILITY VERSUS ANY OTHER FACILITY, UH, THAT IS, UH, NEARBY. UM, SO THERE'S A NUMBER OF DIFFERENT THINGS THAT, UH, I WILL RUN OVER MY TIME, UH, IF I SPEND TOO MUCH TIME SPEAKING ABOUT THE DIFFERENTIATORS. BUT, UH, I DO WANT YOU TO MAKE SURE THAT, UH, ONE OF THE TAKEAWAYS HERE IS TO PROPERLY UNDERSTAND THIS FACILITY IS TO NOTE THE UNIQUE FOCUS THAT, UH, WE WILL HAVE UPON THE DEVELOPMENT OF YOUTH PROGRAMS, UM, FROM A FINANCIAL INVESTMENT SUMMARY. UM, THERE'S A, A COUPLE THINGS THAT I WANNA MAKE SURE, UH, WE GO THROUGH, AND I HAVE A PROFORMA TO PASS OUT TO EVERYBODY HERE TO MAKE SURE THAT WE CAN SPEND A LITTLE BIT OF TIME THERE. UM, THE OVERALL COST OF THE PROJECT, AT AT LEAST THE START, WHEN YOU LOOK AT JUST THE FACILITY ITSELF WAS CONTEMPLATED TO BE SOMEWHERE AROUND $12 MILLION, KNOWING WHAT HAS HAPPENED TO CONSTRUCTION COSTS. UH, THAT NUMBER MAY BE 13, IT COULD BE 13 AND A HALF, WHO, WHO KNOWS EXACTLY WHERE THAT'S GONNA BE UNTIL WE ACTUALLY HAVE, UH, FIRM BIDDING COME IN PLACE. UH, BUT THE PROPOSAL FROM, UH, MY SIDE IS TO MAKE A $6 MILLION CAPITAL INVESTMENT INTO THIS FACILITY. UM, AND IN EXCHANGE FOR THAT $6 MILLION, THERE WILL BE A LAND LEASE, UM, HERE IT'S CONTEMPLATED AT, AT 25 YEARS. UM, AND FOR THAT PERIOD OF TIME, UH, MY ORGANIZATION WILL HAVE THE CHARGE OF BEING A STEWARD OVER THAT FACILITY TO OPERATE IT, TO DO SO, UH, WITH, WITH CHARACTER, AND ALSO TO SEEK PROFIT, UH, FOR NOT ONLY OUR OWN ORGANIZATION, BUT FOR THE CITY OF BRENTWOOD. WHAT ABOUT MAINTENANCE? MAINTENANCE WOULD BE OUR RESPONSIBILITY INSIDE OF THAT FACILITY. UH, ANYTHING WITHIN THOSE FOUR WALLS AND THE IMMEDIATE SURROUNDING AREA, UH, WOULD BE OUR RESPONSIBILITY, UH, FINANCIALLY, UM, AND, UH, UH, AND ADMINISTRATIVELY TO MAKE SURE THAT THAT GETS DONE AT THE END OF THE LEASE PERIOD, THE CITY OF BRENTWOOD WILL BE THE ENTIRE AND FULL BENEFICIARY OF ALL OF OUR INVESTMENT. SO THE $6 MILLION CONTRIBUTION THAT IS MADE IS SQUARELY IN THE CITY OF BRENTWOODS BENEFIT COLUMN. SO IF YOU IMAGINE ON DAY ONE, THE PATENT PLATFORM, UH, IF YOU THINK ABOUT THAT AS MY SIDE OF THE LEDGER WILL BE AT NEGATIVE $6 MILLION, RIGHT? BECAUSE I'VE INVESTED $6 MILLION IN, AND AT THE END OF THE LEASE, I WILL HAVE NO CLAIM TO THE LAND. I WILL HAVE NO CLAIM TO THE BUILDING, AND I WILL ACTUALLY HAVE NO CLAIM TO THE FUTURE OPERATION OF THE FACILITY THAT WILL BE AT THE DISCRETION OF THE COMMISSIONERS TO DECIDE WHAT SHOULD HAPPEN. SO AT THE CONCLUSION OF THAT LAND LEASE PERIOD, I WILL BE AT ZERO IN CONTROL ON DAY ONE FOR THE CITY OF BRENTWOOD, THE CITY OF BRENTWOOD STARTS WITH A $6 MILLION [00:40:01] HEADSTART BECAUSE THE $6 MILLION CAPITAL THAT IS INVESTED IN CONSTRUCTING THIS FACILITY WILL BE SQUARELY TO THE BENEFIT OF THE CITY OF BRENTWOOD. SO WHEN EXAMINING THE FINANCIAL PROPOSAL, ONE THING THAT I WOULD ENCOURAGE THE COMMISSIONERS TO CONSIDER IS THAT ON DAY ONE, THERE IS ACTUALLY A $12 MILLION GAP BETWEEN WHERE I SIT AND WHERE THE CITY OF BRENTWOOD SITS. THE ONLY PATHWAY FOR ME TO BE ABLE TO CLOSE THAT GAP, TO GO FROM NEGATIVE 6 MILLION TO ZERO, AND THEN ZERO TO 6 MILLION JUST TO GAIN EQUIVALENCY WITH THE CITY OF BRENTWOOD, WILL TAKE A $12 MILLION SURGE TO MAKE IT THERE. AND THAT WILL HAVE TO COME FROM THE OPERATIONAL PROFITS OF THIS, UH, FACILITY. I, I HOPE IT'S OKAY TO KEEP INTERRUPTING, BUT WHILE IT'S ON MY MIND, I WANNA ASK THESE QUESTIONS. UM, THE DESIGN OF THE BUILDING WHO, I MEAN, YOU KNOW, YOUR, YOUR CONTRIBUTION IS LIMITED TO 6 MILLION. SUPPOSE YOU WANT ALL OF THESE THINGS IN THE BUILDING THAT'S GONNA MAKE IT COST 15 MILLION. WHO'S GONNA DETERMINE THE DESIGN OF THE BUILDING? THAT'S AN EXCELLENT COMM QUESTION, COMMISSIONER. THE DESIGN OF THE BUILDING, I HAVE ROLLED UP ON THE, THE FLOOR, UH, SOME OF THE WORK THAT, UH, KIRK HAS, HAS ALREADY, UH, HELPED, UH, OVERSEE A DESIGN FROM A PRELIMINARY BASIS THAT HAS, FROM MY VANTAGE POINT, 90% OF EXACTLY WHAT I WOULD LIKE TO SEE IN THE FACILITY. UM, THERE ARE A HANDFUL OF TWEAKS THAT I THINK WILL OPTIMIZE THE FACILITY IN ORDER FOR IT TO PERFORM AT THE HIGHEST LEVEL FOR THE COMMUNITY, BUT I DO NOT ANTICIPATE THAT THOSE CHANGES IN AND OF THEMSELVES WILL HAVE A, UH, VERY SIGNIFICANT IMPACT, MEANING AN EXCESS OF A MILLION DOLLARS. I, I DO NOT EXPECT THAT, BUT AT THE END OF THE DAY, WHAT I'M HOPEFUL FOR IS THAT IF THE COMMISSION SEE FIT, AND THERE IS A NEGOTIATION PERIOD BETWEEN OUR ORGANIZATION, UH, AND THE CITY OF BRENTWOOD, THAT WE'LL BE ABLE TO PUT A VERY FINE POINT ON WHAT THE FINANCIAL COMMITMENT IS FOR MY ORGANIZATION AND THE CITY OF BRENTWOOD. AND IF THERE NEEDS TO BE SOME ADJUSTMENT TO THE PROFIT SHARING OR IN SOME WAY DUE TO THE DISPROPORTIONATE FINANCIAL INVESTMENT BETWEEN THE TWO, I THINK THAT WOULD BE AN APPROPRIATE OUTCOME. ONE LAST QUESTION. 'CAUSE WHEN WE GET INTO COST PER HOUR, I LEAVE THAT TO THOSE WHO PLAY TENNIS TO TALK THAT, UM, WE'VE SEEN SOME SPORTS FACILITIES GO UNDER, OKAY, THIS 25 YEAR LEASE SOUNDS WONDERFUL, BUT SUPPOSE IN 10 YEARS YOU, IT GOES BUST. FROM YOUR POINT OF VIEW, IT'S NOT WHAT YOU THOUGHT IT WAS GONNA BE. WHAT IS OUR OPTION FOR, I MEAN, DO YOU DETERMINE WHO GETS TO PICK UP THE LEASE OR DO WE DETERMINE THAT? HOW DOES THAT WORK? OR IS THAT SOMETHING WE NEGOTIATE AS THIS MOVES ALONG? YEAH, I THINK THAT'S STILL A POINT OF NEGOTIATION, BUT IN MOST CASES, I THINK WHAT IT WOULD BE IS IT'D BE A 25 YEAR LEASE. UM, I DON'T THINK WE WOULD HAVE JUST THE OPT OUT AT OUR OWN DISCRETION FOR NO REASON, WITHOUT SOME ABILITY TO SAY, OKAY, THEN WE OWE YOU BACK A CERTAIN AMOUNT OF MONEY. BUT IF IT WENT BUST AND, AND SPENCER'S GROUP SAID, HEY, WE JUST DON'T WANNA DO THIS ANYMORE, WELL, THEN WE HAVE THAT FACILITY TO CONVERT TO WHATEVER ELSE YOU MAY USE IT FOR WHATEVER THE CASE WOULD BE, BUT HE AND HIS $6 MILLION, BUT HE COULD NOT TRANSFER HIS LEASE TO SOMEONE ELSE, NOT WITHOUT OUR APPROVAL. THAT WOULD BE THE STANDARD LANGUAGES. HE COULD NOT, HE COULD NOT SUBLEASE OR TRANSFER IT TO ANYBODY ELSE WITHOUT OUR APPROVAL. RIGHT. OKAY. AND AT THE END OF THE DAY, AS HE SAID, ABSENT US, THIS IS THE WAY, AGAIN, ALL THOSE ARE THINGS TO BE NEGOTIATED, BUT ABSENT, UM, US JUST SAYING, YOU KNOW WHAT? YEAH, IT'S GOING GREAT, SPENCER, BUT WE JUST DON'T LIKE YOU ANYMORE. OH, I WOULD, SO WE WANT YOU OUT. THEN HE HAS GOING IN THEORY, SOME RIGHT TO RECOVER HIS INITIAL INVESTMENT, BUT IF FOR SOME REASON HE JUST WANTS OUT, THEN THAT 6 MILLION IS HIS, IS IS STILL NEGATIVE ON THE LEDGER ON HIS SIDE OF THINGS. IT'S MY VIEW OF HOW IT WOULD BE WRITTEN. I, I, I THINK THAT'S, THAT'S MY VIEW AS WELL. AND CONSISTENT WITH THE, THE EXPECTATIONS, UM, PART OF THAT GOVERNANCE, WHICH IS SOME OF THE, THE, THE QUESTIONS THAT, THAT YOU'RE RIGHTLY BRINGING UP IS TO, UH, ESTABLISH THOSE PARAMETERS OF WHAT HAPPENS IN THE, UH, THAT, THAT BREAKUP SCENARIO, THAT DEFAULT SCENARIO. UM, CLEARLY FROM MY PERSPECTIVE, UH, IF I WAS TO INVEST THE $6 MILLION IN THE CITY OF BRENTWOOD SIX MONTHS INTO OPERATIONS, SAID, THIS IS GOING GREAT, WE'RE GONNA DISMISS YOU, UH, AND TAKE IT OVER OURSELVES. JUST IN A HYPOTHETICAL SCENARIO, UH, I, [00:45:01] I WOULD, UH, CLEARLY SEE THE LOSS OF A SUBSTANTIAL AMOUNT OF MONEY AND WOULD HAVE CONCERN AROUND THAT. AND, AND LIKEWISE, IN THE EVENT OF, OF OUR DEFAULT IN SOME WAY OF, OF NOT MEETING THE COVENANTS THAT, UH, WE WOULD LIKELY NEGOTIATE IN AN OPERATING AGREEMENT, THEN I WOULD DEFINITELY EXPECT THAT THE CITY OF BRENTWOOD WOULD HAVE, UH, ENTIRE AUTHORITY TO BE ABLE TO DETERMINE WHAT HAPPENS TO THE FACILITY, WHO OPERATES THE FACILITY, UH, AND, AND THAT WOULD BE, UH, GOVERNANCE THAT I THINK SHOULD PROPERLY REST WITH THE CITY OF BRENTWOOD. THANK YOU. THERE ARE SOME, UH, KEY FINANCIAL ASSUMPTIONS THAT ARE, ARE HERE. I'M GONNA BRIEFLY SHOW THIS SLIDE TO ILLUSTRATE THAT THE PRICE POINTS THAT, UH, ARE SHOWN HERE ARE, UH, ONES THAT, UH, I'VE SPENT MY ENTIRE LIFE GROWING UP, UH, INSIDE OF THE TENNIS COMMUNITY ALL THROUGHOUT MIDDLE TENNESSEE. UH, I AM A MEMBER AT RICHLAND. I'M A MEMBER AT WHITWORTH. I'M A MEMBER AT WILDWOOD. UH, I WAS A MEMBER AT THE MARYLAND FARMS, YMCA. UH, I'VE HAD THE OPPORTUNITY TO BE ABLE TO STUDY THE BUSINESS MODELS OF THESE DIFFERENT ORGANIZATIONS AT A VERY PERSONAL LEVEL. AND WHAT I BELIEVE, UH, HIGHLIGHTS THE COMPETITION BETWEEN WHAT WE MIGHT BE CONTEMPLATING AND OTHER FACILITIES AROUND. UM, CLEARLY THERE ARE DIFFERENTIATORS BETWEEN PLACES LIKE RICHLAND, HILLWOOD, UH, AND WILDWOOD. TO SOME RESPECT, THE PRICE POINTS THAT WOULD BE CONTEMPLATED WITHIN OUR FACILITY WOULD BE ANYWHERE FROM 20% TO ONE 100TH OF A PERCENT, UH, LESS THAN A LOT OF THE OTHER FACILITIES AROUND. AND, AND THIS IS WHAT IS CREATING THIS PROBLEM IN THE MARKET, IS THAT THERE IS A LACK OF ACCESSIBILITY TO INDOOR COURTS IN PARTICULAR. AND, AND THAT'S SOMETHING THAT CAN'T BE LOST ABOUT THE PROJECT HERE, IS THAT THESE COURTS ARE ENDORSED, WHICH ALLOW YEAR ROUND SEASONALITY, UH, VERSUS HAVING OUTDOOR COURTS. THERE ARE DIFFERENCES BETWEEN THE TWO. UM, AND I THINK THAT THAT IS A SIGNIFICANT ADVANTAGE IS THAT THIS FACILITY WOULD HOLD, UH, SOME OF THE LARGEST NUMBERS OF INDOOR COURTS AVAILABLE, UH, FOR THE, UH, CITY OF BRENTWOOD. THE, UH, LAST PIECE THAT I'LL UH, GO TO IS, UH, JUST TO TALK, UH, AGAIN ABOUT SOME OF THE MARKETING AND BRANDING. UM, ONE OF THE SIGNATURES THAT YOU WILL SEE FROM OUR ORGANIZATION IS AN INTEREST IN ADVERTISING THE FACILITY, UM, HOSTING COMMUNITY EVENTS. UH, JUST AS AN EXAMPLE, ONE OF THE THINGS THAT I'VE SEEN BE VERY SUCCESSFUL IN, UH, TENNIS AND PICKLEBALL FACILITIES ALREADY IS THE INVITATION FOR, UH, TENNIS ATHLETES, PROFESSIONAL ATHLETES, PICKLEBALL ATHLETES TO COME, UH, AND HAVE MEET AND GREETS, UH, TO HAVE THE OPPORTUNITY. SOME OF YOU MAY KNOW, UH, JOHN ISNER, UH, JOHN ISNER IS A VERY FAMOUS US TENNIS PLAYER THAT HITS A SERVE AT 130 MILES AN HOUR. UM, THE OPPORTUNITY TO SEE THAT IN PERSON IS SOMETHING THAT YOU JUST CAN'T APPRECIATE WHAT A TENNIS BALL HIT AT 130 MILES AN HOUR LOOKS LIKE AND SOUNDS LIKE UNTIL YOU SEE IT. UM, THIS FACILITY WILL FEATURE AND LEAN INTO THOSE TYPES OF PROGRAMS THAT WILL ENGAGE THE COMMUNITY AND OFFER UNIQUE EXPERIENCES THAT ARE CURRENTLY NOT AVAILABLE IN THE COMMUNITY. AND I THINK THAT'S THE TYPE OF, UH, SPIRIT THAT YOU CAN COUNT ON FROM THE ORGANIZATION TO, UH, HELP PROPEL IT TO BE SUCCESSFUL, UH, AND FINANCIALLY PROFITABLE. UH, AS, UH, WE LOOK TO GROW, UM, OUR TEAM, AND AGAIN, SOME OF WHICH IS, UH, SURROUNDING ME HERE IN THE ROOM, UH, IS SPECTACULARLY GIFTED AT THIS AND HAS DONE THIS TO THE TUNE OF A HUNDRED MILLION DOLLAR COMPANY THAT, UH, WE RUN IN THE TRANSPORTATION LOGISTICS AND PACKAGE SPACE. AND SO, AS CHALLENGING IT IS AS IT IS TO MAKE TRANSPORTATION AND LOGISTICS INTERESTING AT ALL, UH, THEY HAVE MANAGED TO DO THAT. AND SO I AM SO CONFIDENT IN THEM FOR THE ABILITY TO MAKE, UH, TENNIS AND PICKLEBALL, UH, IN THE SAME VEIN, UM, THE, UH, LAST SLIDE OF MY PRESENTATION HERE IS A CONDENSED VERSION OF THE PROFORMA. UM, WHAT I WILL, UH, DO IS JUST BRIEFLY PASS THIS AROUND BECAUSE OF THE SIZE OF THE PROFORMA, THIS TEXT IS ABOUT AS LARGE AS I COULD MAKE. UM, WE'LL, UH, PASS THESE DOWN HERE. YEAH, THERE'S SEVEN . YEAH, IT IS, UH, UH, ON AN EXCEL SHEET. IT WILL BE, UH, VISIBLE IN A LARGER FASHION, BUT I AT LEAST WANTED TO PROVIDE THIS. BUT, UM, PLEASE DON'T EXPECT THAT. UH, I'M GONNA DRAG YOU THROUGH A LINE BY LINE, UH, PRESENTATION OF THE PROFORMA. WHAT, WHAT I HOPE THAT YOU'LL BE ABLE TO TAKE FROM THE PROFORMA AND I'LL BE ABLE TO FIELD QUESTIONS ON, IS THAT, UH, WE HAVE PUT A TREMENDOUS AMOUNT OF THOUGHT, UM, INTO OBSERVING WHAT OTHER FACILITIES ARE CURRENTLY DOING IN MIDDLE TENNESSEE, UH, WHICH GIVES ME, I BELIEVE, A [00:50:01] UNIQUE INSIGHT INTO THE TYPES OF, UH, COURT, UH, DOWNTIME TO MODEL IN WHAT AN APPROPRIATE LESSON RATE IS, UH, WHAT AN APPROPRIATE MEMBERSHIP RATE IS. AND SO I BELIEVE THAT THIS PROPOSAL, UH, WILL SHOW ONE THAT ALLOWS US TO, UH, HIT THESE NUMBERS, UH, WHICH WILL YIELD A FINANCIAL BENEFIT, UH, BOTH TO OUR ORGANIZATION, BUT ALSO BACK TO THE TAXPAYERS OF, OF BRENTWOOD. UM, SO, UH, IN, UH, IN SUMMARY OF THE PRESENTATION, I WILL, UH, FINISH THIS, UH, IN THE SAME WAY THAT I BEGAN IT. UH, IN SAYING THAT I SO VERY APPRECIATE THE OPPORTUNITY TO EVEN SIT AT THIS TABLE AT ALL, UH, AND TO TALK TO YOU ABOUT SOMETHING THAT WAS, UH, INCREDIBLY MEANINGFUL FOR ME. AND I'M CONFIDENT THAT, UH, MY TEAM WILL MAKE THIS VERY MEANINGFUL, UH, FOR THE KIDDOS THAT, UH, ARE INTERESTED IN PICKING UP, UH, PICKLEBALL AND TENNIS, UH, YOUNG AND OLD ALIKE. UH, THIS SPIRIT, UH, DOES A GOOD JOB, UH, OF SHOWING ITSELF IN THESE SPORTS, UH, BEING ABLE TO, UH, BE A TRULY LIFETIME SPORT. AND I THINK THE CITY OF BRENTWOOD WILL BENEFIT, UH, FROM THIS FACILITY. THANK YOU SO MUCH FOR COMING TODAY AND BRINGING YOUR TEAM, AND THANK YOU FOR BEING HERE. UH, VERY PROFESSIONAL, UM, DELIVERY OF YOUR PRESENTATION, SO THANK YOU. ONE QUESTION I HAD ABOUT THE JUNIORS, TELL ME HOW THAT MIGHT LOOK, UM, FOR YOU TO PROGRAM JUNIORS. WILL IT BE, UM, DIFFERENT SCHOOLS OR DIFFERENT GROUPS OR INDIVIDUALS SIGNING UP? HOW WOULD THAT WORK? THANK YOU. COMMISSIONER SPEARS, THE, THE GREAT MODEL OF WILDWOOD. UM, WILDWOOD IS THE PREEMINENT YOUTH PROGRAM IN MIDDLE TENNESSEE RIGHT NOW. UH, WILDWOOD HAS A, UH, LAST I CHECKED 183 PERSON WAIT LIST, AND I'M CONVINCED THAT IF PEOPLE KNEW THAT THAT WAIT LIST WAS NO LONGER EXISTENT, THERE WOULD BE ANOTHER 183 PEOPLE BEHIND IT. UM, THE WAY THAT THAT WILDWOOD HAS STRUCTURED THEIR PROGRAM, I THINK VERY, UH, ELOQUENTLY IS THEY HAVE THE, UH, CLINICS THAT ALLOW INDIVIDUALS OR FAMILIES TO JOIN AND ENROLL THEIR KIDS IN CLINICS THAT ARE LARGELY IN AFTERSCHOOL HOURS. UM, THEY HAVE THE CLINICS ORGANIZED BY SKILL LEVEL, SO THEY'LL HAVE SOME CLINICS THAT ARE DESIGNED FOR BRAND NEW PLAYERS ALL THE WAY UP TO, THEY HAVE A, A VERY ELITE, UH, GROUP OF PLAYERS THAT PLAY, UH, UH, AT, UH, AT CERTAIN TIMES. I WOULD ENVISION THE SAME TYPE OF ORGANIZATION HERE IS THAT THE TYPES OF COACHES THAT WE WILL WANT TO RECRUIT FROM THIS FOR THIS FACILITY, UM, WILL BE ELITE COACHES, UH, UH, PERHAPS INTERNATIONAL COACHES THAT WILL COME IN THAT CAN REALLY WORK WITH YOUTH, KIDS THAT WANT TO TAKE THEIR PROGRAM TO THE NEXT LEVEL. BUT AT THE SAME MOMENT, THESE SAME COACHES ARE ABLE TO WORK WITH THE RECREATIONAL PLAYER, SOMEONE THAT JUST WANTS TO HAVE THE OPPORTUNITY TO IMPROVE THEIR GAME AND DO SO IN A FACILITY THAT IS FAR MORE TECHNOLOGY, UH, TECHNOLOGICALLY ADVANCED, UH, THAN OTHERS. SO THE YOUTH PROGRAM TO TRY TO CONCISELY ANSWER YOUR QUESTION, WILL LOOK LIKE CLINICS. IT'LL LOOK LIKE PRIVATE LESSONS, IT'LL LOOK LIKE SUMMER CAMPS, IT'LL HAVE WEEKEND ACTIVITIES OF TOURNAMENTS AND COMPETITIVE LEAGUES. ANY WAY THAT WE CAN HAVE, UH, YOUTH IN PARTICULAR, UH, EMBRACING THESE TWO SPORTS IS GONNA BE SOMETHING THAT OUR ORGANIZATION WILL LEAN INTO. SURE. SOUNDS GREAT. UM, THE, ON YOUR SLIDE YOU HAD, UM, SCHOOLS AND COLLEGES OR SCHOOLS AND UNIVERSITIES. SO DO YOU PLAN TO INCORPORATE THOSE TEAMS INTO THAT TIME SLOT OR IS IT THE MEMBERS OF THOSE TEAMS MAY JOIN THOSE CLINICS AT AS THEY THEIR PLEASURE? OR DO YOU PLAN TO CARVE OUT TIME FOR THOSE SPECIFIC GROUPS OF PEOPLE? I THINK THAT THAT WILL BE A, A REVENUE OPPORTUNITY THAT THE FACILITY COULD CONSIDER. SO, UM, JUST FROM BEING A MEMBER OVER AT RICHLAND, UM, RICHLAND HAS A COUPLE DIFFERENT UNIVERSITIES THAT COME OVER AND WILL USE THE COURTS, UH, SOMETIMES AT LESS PEAK HOURS, UH, SO THAT WAY THE COLLEGE ATHLETES ARE ABLE TO COME OVER AND HAVE A PLACE TO BE ABLE TO PLAY. UM, I'M NOT SURE THAT THAT IS THE CHIEF MISSION OF THE FACILITY TO PARTNER WITH, WITH, WITH SCHOOLS AND UNIVERSITIES, BUT I DO THINK THAT THAT IS A POSSIBILITY, UH, TO OPEN IT UP TO, UH, UH, HAVE ANY TYPE OF COMMUNITY OUTREACH. I, I THINK GIVEN THE LOCATION OF WHERE THIS IS CONTEMPLATED, UM, I'D, I'D HAVE TO, TO TO THINK ABOUT WHETHER IT IS IN A MAXIMALLY CONVENIENT LOCATION FOR ANY TYPE OF UNIVERSITY TO, TO COME AND PARTICIPATE, UH, INSIDE OF THE FACILITY. BUT, OKAY. SO NOT TO PUT WORDS IN YOUR MOUTH, BUT THE CHIEF MISSION IN TERMS OF JUNIORS OR YOUNG PEOPLE, WOULD BE THE CLINICS AND THOSE THINGS, NOT THE TARGETING THE UNIVERSITIES OR THE SCHOOLS. THAT'S ACCURATELY SAID. THANK YOU FOR CLARIFYING THAT. APPRECIATE IT. SO, SO SPENCER, ALONG THE, THE LINES OF COMMISSIONER SPEAR'S QUESTION, UM, I KNOW IN, IN THE FINANCIALS THAT YOU, Y'ALL SHARED WITH US AND KIRK SENT [00:55:01] US SOME ADVANCED COPIES, SO I HAD A CHANCE TO TAKE A LOOK AT IT. UM, IT'S KIND OF BROKEN DOWN BY LIKE MEMBER LESSONS, A MEMBER OPEN PLAY, UM, TOURNAMENT RATE, AND, UH, THEN A RETAIL SPEND. UM, THE AD HOC COMMITTEE, WHEN THEY ORGANIZED THEIR, UM, PROGRAMMING, THEY ORGANIZED IT AROUND CONTRACT TIME LEAGUES, JUNIOR PROGRAMS, SUMMER CAMP, PRIVATE LESSONS, RESERVATIONS, UH, TOURNAMENTS AND CHARITY EVENTS. I WASN'T SURE, BECAUSE I KNOW YOU'RE FAMILIAR WITH THIS AND YOU'RE, AS YOU'VE OBSERVED, YOU'RE A LIFELONG TENNIS PLAYER, WHICH, UM, WAS SHARED WITH ME. UM, DO THE THINGS, DOES THE PROGRAMMING LIKE THAT THE AD HOC COMMITTEE HAD CALLED OUT AND OR WILLIAMSON COUNTY PARKS AND REC CALLED OUT, DOES THAT FIT INTO, THIS WAS JUST, JUST SIMPLIFIED FOR THE PURPOSES OF THE FINANCIAL STATEMENT. ARE THOSE IN THERE SOMEWHERE OR ARE THERE ANY OF THOSE ELEMENTS THAT YOU'RE INTENTIONALLY NOT PURSUING BECAUSE IT'S NOT PART OF THE BUSINESS MODEL? THANK YOU, COMMISSIONER. THE, THE ANSWER THAT I WOULD GIVE TO THAT QUESTION IS THE PREDOMINANT WAY THAT YOU SEE TENNIS AND PICKLEBALL ORGANIZATIONS OPERATE HAS BEEN TRYING TO SELL COURT TIME LARGELY AT $10 AN HOUR AND CHARGING GUEST FEES IN ADDITION TO THAT. UM, I DON'T BELIEVE THAT THAT IS A MODEL THAT MAXIMIZES THE PROFITABILITY OF THE ORGANIZATION AND ALSO THE ACCESSIBILITY FOR THE COMMUNITY. UM, INSTEAD WHAT YOU'LL NOTICE AS A CONTRAST TO, UH, THE AD HOC COMMITTEE VERSUS THIS PLATFORM, UM, IS HOW MUCH WE LEAN INTO A MEMBERSHIP MODEL, UH, THAT IS A VERY ACCESSIBLE RATE, BUT THEN LAYERS IN A MUCH HEAVIER EMPHASIS ON CLINICS AND LESSONS AND ACTIVITY BASED, UH, PIECES VERSUS THE, UM, STRAIGHT LINE REVENUE THAT JUST COMES FROM BOOKING A COURT FOR $10 AN HOUR AND CHARGING, UH, A COUPLE GUEST FEES. MM-HMM. . AND, AND I THINK THAT'S WHY YOU SEE SUCH A SHARP CONTRAST, UH, BETWEEN SOME OF THE AD HOC COMMITTEE FINANCIAL STATEMENTS VERSUS THE FINANCIAL PROFORMA THAT, THAT WE SHOW HERE. OKAY. AND YOU MENTIONED, I MEAN, FROM THE GET GO, AN ENTREPRENEURIAL APPROACH TO THIS. UM, SO GIVEN THAT THAT SHARP CONTRAST, UH, HOW ENTREPRENEURIAL IS THIS? AND BY THAT DO, I MEAN, IS THIS A MODEL THAT YOU'RE FAMILIAR WITH FROM A SUCCESS IN OTHER PLACES? OR IS THIS A, A MODEL THAT YOU AND YOUR TEAM HAVE KIND OF PILOTING THAT THAT HASN'T BEEN TRIED? IT'S A GREAT QUESTION. SO IN LOOKING AT THE FACILITIES THAT JUST EXIST IN MIDDLE TENNESSEE, THERE IS NOTHING, UH, DE NOVO HERE THAT, UH, HAS NOT BEEN TRIED IN THE SPACE BEFORE. UM, THE BEST PARTS OF A COUNTRY CLUB MODEL LIKE RICHLAND AND HILLWOOD IS THAT THERE IS A, UH, MEMBERSHIP FEE, A JOIN FEE AND THEN THE COSTS UNDERNEATH THAT ARE GENERALLY A LOT LESS BECAUSE YOU'VE PAID A VERY SUBSTANTIAL AMOUNT TO JOIN. UM, WHEN YOU LOOK AT A, UH, MORE PUBLIC FACILITY, UH, YOU GENERALLY HAVE CHALLENGES OF, UH, NOT HAVING ANY ACCESSIBILITY OR AVAILABILITY AT ALL. AND A BUSINESS MODEL THAT IS ENTIRELY DEPENDENT UPON SELLING COURT TIME. THIS IS A HYBRID BETWEEN THE TWO. UM, IT TAKES THE BEST PARTS OF A COUNTRY CLUB MODEL IN THAT THERE IS SOME, UH, SKIN IN THE GAME, IN THAT YOU HAVE ANNUAL DUES THAT ARE OWED, BUT AT THE SAME MOMENT, IT IS FAR LESS THAN WHAT THE COUNTRY CLUB CHARGE, STILL MAKING IT ACCESSIBLE FOR THE PUBLIC. UM, SO EACH OF THESE PIECES THAT WE'VE CONTEMPLATED EXIST RIGHT NOW IN A VIABLE FINANCIAL FASHION. UM, IT DOES NOT EXIST IN ONE SINGULAR ORGANIZATION. UH, IT TAKES THE BEST PARTS OF A COUPLE DIFFERENT ORGANIZATIONS THAT ARE RIGHT HERE IN MIDDLE TENNESSEE. GOTCHA. SO KIND OF A, KIND OF A COSTCO MODEL WHERE YOU GOT A LITTLE BIT OF A, A FEE UPFRONT TO GET AFFORDABLE STUFF INSIDE. I SHOULD HAVE THOUGHT OF THAT BEFORE YOU SAID THAT THAT WAS A, THAT WAS, THAT WAS A BETTER EXPLANATION. YES. NUMBER ONE, GREAT PRESENTATION. REALLY ENJOYED IT UNTIL YOU'RE COMMITTED DOING A GREAT JOB DELIVERING THAT INFORMATION TO US. FROM MY STANDPOINT, ONE OF THE THINGS I SEE, AND THIS MAY SOUND SILLY, BUT BUT THE NAME OF THE FACILITY. OKAY. BECAUSE I THINK WE WANT TO TRY HARD NOT TO SAY IT'S A COUNTRY CLUB SETTING. WE WANNA SAY A CITY OF BRENTWOOD SETTING NAMING RIGHTS. IS IT CAN, WHO CHOOSES THE NAMING RIGHTS AND IS IT GONNA BE THE SPENCER PATTON GROUP TENNIS FACILITY? OR IS IT GONNA BE CITY OF BRENTWOOD TENNIS FACILITY RACKET FACILITY, OR GONNA SELL IT TO MAKE MONEY? ? THE, THE, THE CURRENT CONTEMPLATED NAME IS THE PATENT PERFORMANCE ACADEMY. UM, IS, IS WHAT, UH, WE'VE GIVEN SOME CONSIDERATION TO. UM, I AM NOT MARRIED TO THAT NAME. THE, THE GOAL BEHIND THE NAMING [01:00:01] IS TO FIRST CREATE A DISTINCTION THAT THIS IS NOT A FULLY MUNICIPAL FACILITY. WHICH I MEAN, NO OFFENSE BY THAT. AND I, I, I TRUST THAT IT, IT WON'T BE TAKEN IN THAT WAY. THAT THE ASPECT OF, UH, A GREAT COMPARISON TO THIS IS A FACILITY IN FLORIDA CALLED IMG. UM, IMG IS ONE OF THE PREEMINENT ATHLETIC FACILITIES THAT, UM, IS IN, IN SO MANY WAYS, A MUCH LARGER MODEL OF WHAT WE ARE TRYING TO EMULATE HERE. UM, SO THE PATENT PERFORMANCE ACADEMY, I THINK CAN ACCOMPLISH IN HAVING A YOUTHFUL BRAND, A YOUTHFUL NAME, UH, THROUGH THE, UH, ACADEMY SETTING, BUT NOT BE, UM, UH, SO, UM, FOCUSED ON, UH, YOU KNOW, IT BEING SPENCER PATTON , UH, I, I, I'M TRYING TO FIND THAT BRAND THAT WILL CREATE EXCITEMENT. DO THINK PUTTING RACKET FACILITY THERE WOULD DELINEATE WHAT IT IS A LITTLE BIT TOO. I I THINK THAT'S GREAT COUNSEL. 'CAUSE IF, IF YOU SEE PATTON PERFORMANCE ACADEMY, YOU COULD JUST AS WELL THINK THAT'S A DANCE STUDIO AS, AS YOU COULD, AS ANYTHING. SO I, I THINK THAT, UH, THAT IS PART OF THE, THE SPIRIT THAT WE WANT TO CAPTURE TO, UH, UH, TRY TO FIND THE RIGHT WAY TO COMMUNICATE OUR MISSION, UH, WITHOUT HAVING IT BE SO LENGTHY THAT IT'S A TONGUE TWISTER IN AND OF ITSELF. I, BUT I THINK THAT, I THINK THAT'S GOOD COUNSEL. THERE'S A LOT OF STEPS HERE, BUT I MEAN, THIS KIND DOES KIND OF COME DOWN TO WHO HAS THE NAMING RIGHTS, AND THAT'S ONE OF THE THINGS I THROW OUT AS SOMETHING THAT WE SHOULD CONSIDER. I WANNA BRING UP SOMETHING. YOU TALKED ABOUT COMMUNITY OUTREACH. UH, THIS IS DIFFERENT THAN ANYTHING. THIS PROPOSAL IS DIFFERENT THAN ANYTHING THE CITIES AND MARKED, UM, WITH OTHER PARTNERSHIPS BECAUSE IT DOES HAVE A COUNTRY CLUB ATMOSPHERE, WHICH IS NOT EVER A GOAL THAT THE CITY HAS STRIVED FOR IN THE END, WE, I'M NOT SAYING THERE'S ANYTHING WRONG WITH THAT. I THINK THE TENNIS COMMUNITY ENJOYS THOSE ASPECTS BECAUSE SOME OF THE FEATURES YOU MENTIONED ARE THINGS THAT MAKE THEIR GAME BETTER AND MORE ENJOYABLE. BUT WE DO AIM TO SERVE THE PUBLIC. SO I'M NOT INTERESTED IN REACHING OUT TO NEIGHBORING UNIVERSITIES. I WANNA REACH OUT TO WILLIAMSON COUNTY AND, AND BRENTWOOD AND PEOPLE. I MEAN THAT, I JUST FEEL LIKE THAT'S OUR MISSION FIRST AND FOREMOST. AND I MAY NOT HAVE OTHER PEOPLE WHO AGREE WITH ME ON THAT, BUT I LOVE WHAT YOU'RE PROPOSING. BUT I, I WANNA BE VERY CAREFUL ABOUT, UH, THROWING THE DOORS OPEN TO SOUTH NASHVILLE. FOR INSTANCE, WHEN WE FIRST GOT PEOPLE COMING TO TALK ABOUT THE CLOSURE OF MARYLAND FARMS, A LOT OF THOSE PEOPLE DID NOT LIVE HERE. AND THEY, THEY WERE QUITE HONEST ABOUT IT, BUT I DON'T SEE THAT AS OUR PURPOSE TO, TO FULFILL THEIR TENNIS NEEDS, GO TO NA DAVIDSON COUNTY AND GET SOMEBODY TO BUILD SOMETHING THERE. SO THAT'S JUST WHERE I AM. BUT I DO LIKE WHAT YOU'RE PROPOSING AND I CERTAINLY WANT TO EXPLORE IT MORE. I THINK THAT'S WELL ARTICULATED, COMMISSIONER, AND, AND WHAT I WOULD EXPECT JUST FROM THE PLACEMENT OF THE FACILITY ITSELF IN CROCKETT PARK WILL GIVE IT EVEN JUST A LITTLE BIT FURTHER SEPARATION FROM THE MARYLAND FARMS YMCA, UM, THAT I THINK IT WILL SQUARELY TARGET THE, THE DEMOGRAPHIC THAT, UH, BOTH OF US VERY MUCH WANT TO SERVE. AND I, I I, I SEE IT THE SAME WAY THAT, UH, FROM A, UH, COUNTRY CLUB ATMOSPHERE IS NOT WHAT WE ARE TARGETING. AND IF IT, IF IT, UH, WAS THAT WAY, I THINK THE MISSION WILL HAVE MISSED SOME IN THAT THIS FACILITY WILL STILL BE AVAILABLE TO ANY RESIDENT, UH, TO BE ABLE TO COME IN AND PARTICIPATE. UM, THERE IS NOT A EXCLUSION, UH, BASED UPON THE MEMBERSHIP MODEL. UH, BUT THERE INSTEAD WILL BE A UNIQUE PRICE POINT TO SAY THAT IF YOU ARE A MEMBER, UH, THEN IT IS A DISCOUNTED PRICE POINT VERSUS IF YOU, UH, ARE NOT A MEMBER, UH, THERE IS A, A SLIGHTLY PREMIUM PRICE POINT, UH, FOR PARTICIPATION. SPENCER, THANK YOU FOR BEING HERE. AND OBVIOUSLY YOU, YOU AND YOUR TEAM HAVE PUT A LOT INTO THIS AND I REALLY APPRECIATE YES. THE PASSION YOU HAVE FOR IT. UM, AND I, I THINK IT'S INTERESTING YOU MENTIONED IMG 'CAUSE WE DO HAVE BRIT WITH KIDS THAT ARE AT THE IMG 'CAUSE THEY DON'T NECESSARILY HAVE SOMETHING HERE LIKE THIS THEY CAN DO. UM, WHAT I, WHEN YOU SAID SOMETHING ABOUT THE, UM, RACKET FACILITY PROFORMA, I, I DO THINK, UM, MY INTERPRETATION OF IT WAS INSTEAD OF JUST SELLING COURT TIME, THEY DID FACTOR IN PRETTY CONSIDERABLY THE CLINIC TIME AND THE LESSON TIME AND SO FORTH. AND I THINK THEY, AND COMMISSIONER SPEARS COULD CORRECT ME IF I'M WRONG, THEY AVERAGED IT OUT TO KIND OF COMPARE IT FOR APPLES TO APPLE'S COMPARISON ON, UM, GETTING A, YOU KNOW, FIGURING OUT IF WE DO THIS COURT TIME, SELL, DO CLINICS, THIS IS HOW MUCH IT KIND OF AVERAGES FOR COURT TIME FOR THAT. SO I THINK IT IS VERY [01:05:01] SIMILAR TO THAT IN THAT MODEL. UM, SO I THINK THAT'S, THAT WAS ONE THING THAT THE RAC FACILITY DID. I HAVE ONE QUESTION, JUST, UM, I'M MORE FAMILIAR WITH THE TENNIS SIDE OF THINGS. JUST KIND OF WHERE YOU GOT ON THE PICKLEBALL SIDE OF THINGS FOR LIKE CLINIC NUMBER OF PEOPLE, FOUR PEOPLE, AND THEN ALSO THE TOURNAMENT RATE BEING 25, WHERE THE TOURNAMENT RATE ON TENNIS WAS NINE FIVE. I WAS JUST CURIOUS. I DON'T KNOW ANYTHING ABOUT PICKLEBALL, SO I DIDN'T KNOW. I MEAN, I, IN A CLINIC FOR TENNIS SIX IS GREAT. SO I WOULD THINK PICKLEBALL MOVES PRETTY QUICKLY TOO. THAT, YOU KNOW, I JUST WAS CURIOUS WHERE YOU GOT THOSE NUMBERS THAT THAT'S, THAT'S RIGHT. PICKLEBALL IS A MORE EXPLORATORY, UH, PART OF THIS PROJECT. AND YOU'LL NOTICE IN THE FINANCIALS THAT FOR ANYTHING FINANCIAL ON THE TENNIS SIDE, UH, HAS BEEN MOVED TO A MORE CONSERVATIVE END OF THE SPECTRUM FOR PICKLEBALL, UM, PICKLEBALL FROM A TOURNAMENT STANDPOINT, JUST FOR THOSE RATES. UH, MY DAUGHTERS ARE IN A TOURNAMENT THIS WEEKEND, UH, ACTUALLY FOR THE NEXT FOUR WEEKENDS THEY'RE IN, UH, TENNIS TOURNAMENTS. SO, UM, I PULLED THE PRICE POINT DIRECTLY FROM WHAT I'M PAYING RIGHT NOW FOR THOSE, THOSE TENNIS TOURNAMENT PRICES. UM, FOR PICKLEBALL, UH, I THINK IT'S PROBABLY AS MUCH LEAGUE PLAY AS TOURNAMENTS. AND I AM EXPECTING IN LEAGUE PLAY THAT IT WILL BE MORE OF A FOUR ON A COURT TYPE FEEL VERSUS WHAT YOU'RE TRADITIONALLY USED TO IN A TENNIS, PERHAPS CARDIO CLINIC THAT, UH, I, I'D LOVE TO DO MYSELF IS THAT THAT CAN HAVE SIX OR EIGHT OR EVEN 10 PEOPLE SOMETIMES, UH, ON, ON A COURT. SO, UM, IT WAS AN EFFORT BEING CONSERVATIVE IN THE FINANCIAL PROJECTIONS AND THE PICKLEBALL SIDE, WHILE THE MARKET, I THINK STILL SOLIDIFIES FOR WHAT THE MARKET WILL BEAR. OKAY. 'CAUSE IT COULD, SO YOU'RE SAYING IT COULD GO UP FROM THERE, YOU JUST, IT COULD STILL BE UNKNOWN A LITTLE BIT. THAT'S CERTAINLY RIGHT. AND, AND LIKE WHEN YOU LOOK AT THE, UM, THE, THE, THE, ONE OF THE THINGS THAT JUMPS OFF TO ME, UH, FOR THE PAGE IS THE DOWNTIME PERCENTAGES BETWEEN TENNIS AND PICKLEBALL. SO, UH, THIS IS JUST, UH, RIGHT NEAR THE TOP. UH, THE DOWNTIME PERCENTAGE INSIDE OF PICKLEBALL IS 38%, UH, WHICH IS A VERY MEANINGFUL AMOUNT OF IDLE COURT TIME. UM, IN EXPLORING THE DEMOGRAPHICS OF HOW PICKLEBALL IS CURRENTLY CONSUMED. IT IS MUCH MORE PREDOMINANTLY A AFTER WORK AND EVENING ACTIVITY, UH, VERSUS TENNIS, WHICH DOES EXPERIENCE MORE OF A, UH, ENTIRE SUNUP TO SUNDOWN TYPE, UH, DEMAND. AND SO THAT IS AN AREA THAT FINANCIALLY, UH, WE'RE NOT GONNA BE HAPPY ABOUT 38% DOWNTIME AND WE'RE GONNA DO EVERYTHING THAT WE CAN TO DRIVE THAT TO A LOWER NUMBER THAT WILL BE AN OPPORTUNITY FOR US TO IMPROVE FINANCIALLY UPON WHAT IS SHOWN HERE. UH, BUT WE WANTED TO MAKE SURE TO ADOPT A POSTURE, UM, THAT IS MORE CONSERVATIVE TOWARDS PICKLEBALL. SPENCER, YOU ALSO, AND THIS IS JUST A QUESTION THAT COMES BACK TO US, PROBABLY ALL COMMISSIONERS. UM, IT WAS ANNOUNCED THERE'S GONNA BE A, A PICKLEBALL FACILITY, YOU KNOW, RETAIL FACILITY. AND THEY WERE LIKE, OH, YOU DON'T NEED THIS FOR, FOR THE CITY OF BRENTWOOD ANYMORE. 'CAUSE THEY'RE GONNA DO IT. IT'S GONNA BE A, I'LL LET YOU ADDRESS THAT, BUT TELL ME ABOUT THAT. HOW WILL THAT IMPACT THIS FACILITY? SO ONE OF THE GREAT ADVANTAGES OF THIS PICKLEBALL FACILITY WHEN WE THINK ABOUT THE PROS AND CONS IS THAT IT IS INDOOR. AND THAT IS A SIGNIFICANT ADVANTAGE WHEN YOU LOOK AT A LOT OF THE MAKESHIFT PICKLEBALL FACILITY. UH, AND I USE FACILITY LIGHTLY. 'CAUSE SOMETIMES THAT'S LIKE YOUR DRIVEWAY , UM, THEN, UH, YOU DON'T HAVE THAT, UH, THAT, THAT ABILITY TO HAVE PROTECTION FROM THE ELEMENTS. THAT'S A SIGNIFICANT ADVANTAGE THAT, UH, WE WILL HAVE HERE. WE ALSO WANT TO HAVE PHENOMENAL INSTRUCTION, AND I, I REALLY USE THAT WORD WITH A LOT OF INTENTIONALITY, IS THAT, UM, PART OF WHAT WILL MAKE THIS LOCATION DISTINCT IS THAT WE WANT TO HAVE THE HIGHEST QUALITY INSTRUCTION TO BE FOUND IN TENNESSEE, AND THAT WILL INCLUDE PICKLEBALL. UM, AND I THINK THAT WILL BE A DRIVER FOR US TOO. UM, THERE ARE CONS TO THE PICKLEBALL SIDE. SO, UH, A LOT OF PICKLEBALL IS VERY SOCIAL IN NATURE. UH, WE HAVE NO INTENTIONS OF SERVING, UH, BEER AND LIQUOR AND WINE . UH, THAT IS A PREDOMINANT FEATURE OF A LOT OF PICKLEBALL FACILITIES. IT'S A MORE SOCIAL SPORT. UM, THERE ARE PICKLEBALL COURTS THAT ARE BEING CONSTRUCTED IN VARIOUS PARTS OF MIDDLE TENNESSEE. UM, AND SO I BELIEVE THAT WE ARE ADDRESSING A MARKET THAT IS APPROPRIATE TO HAVE PICKLEBALL HERE. UH, BUT YOU WILL NOTICE A MORE CONSERVATIVE POSTURE FOR ME AS IT RELATES TO THE FINANCIAL SIDE OF IT. DOES THE DOWNTIME INCLUDE, UM, NON-MEMBERS? YOUR, YOUR ACCOUNTING FOR THE FACT THAT NONMEMBERS WILL BE PLAYING AT POINTS OF TIME TOO AND YOU STILL HAVE 38% DOWN LINE? THAT'S CORRECT. COMMISSIONER, THAT'S INTERESTING CONVERSION FROM PICKLEBALL TO TENNIS, [01:10:01] UH, IN THE EVENT THAT, YOU KNOW, PICKLEBALL ISN'T AS BUSY AS, OR YOU'RE NOT ABLE TO GET IT AS BUSY AS YOU WOULD LIKE. SO ONE OF THE THINGS THAT, WHEN I SPOKE TO REVIEWING THE ARCHITECTURAL DESIGNS, YOU'LL PERHAPS NOTICE THAT RATHER THAN IT BEING SIX TENNIS COURTS, THAT WE HAVE DONE ALL OF OUR FINANCIAL MODELING AROUND SEVEN MM-HMM. . AND ONE OF THE EVOLUTIONS THAT, THAT COULD EXIST IN THIS IS, YOU KNOW, DOES, DOES, DOES EIGHT TENNIS COURTS MAKE SENSE? WHEN, WHEN YOU LOOK AT THE DISLOCATION OF THE MARKET FROM THE REMOVAL OF THE MARYLAND FARMS YMCA, EVEN IF IT'S SEVEN OR EIGHT, WE'RE NOT EVEN ADDRESSING A THIRD OF THE DISPLACEMENT OF THE SUPPLY IN THE MARKET, WHICH IS A PLACE THAT IF YOU'RE A BUSINESS OWNER, UH, THAT MAKES YOU SMILE EAR TO EAR, RIGHT? BECAUSE THAT SHOWS THAT THERE IS GOING TO BE MEANINGFUL AND SUSTAINED DEMAND, UM, FROM A CONVERSION FROM PICKLEBALL TO TENNIS. I THINK IT WOULD BE IMPORTANT TO BE THOUGHTFUL IN THE DESIGN THAT IN THE SAME WAY THAT TENNIS COURTS ARE IMMEDIATELY CONVERTIBLE TO PICKLEBALL COURTS, I MEAN, WITH VERY, VERY LITTLE EXPENSE, UM, I THINK IT WOULD BE WISE TO BE THOUGHTFUL AND JUST ALLOW US THE MAXIMUM VERSATILITY THAT, UH, EVEN THOUGH IT'S NOT OUR, OUR BELIEF THAT PICKLEBALL WILL BE A FLASH IN A PAN, OTHERWISE I WOULDN'T BE HERE. IT'S CLEARLY GROWING. IF IT DOES BECOME THAT THE MARKET BECOMES SATURATED OR IN SOME WAY, UH, WE SEE A MORE COMPELLING VALUE PROPOSITION FOR THE TENNIS SIDE, THAT IT WOULD BE, UH, FANTASTIC IF WE WERE MINDFUL OF THAT IN THE DESIGN. CAN YOU SHARE WITH ME YOUR NUMBERS? UH, AND THAT'S A VERY WISE STRATEGY. I LIKE IT. THANK YOU. CAN YOU SHARE WITH ME YOUR NUMBERS ON THE 57% OF RESIDENTS, UM, HAVING COURT TIME, UM, MY SIMPLE MASS SHOWS THAT THAT'S FOUR OF SEVEN COURTS. COULD YOU JUST SHARE MORE ABOUT HOW YOU GOT TO THAT NUMBER AND WHO MIGHT USE THE OTHER ONES AND, AND HOW THAT MIGHT WORK WITH OPEN PLAY AND, UM, CLINICS AND LESSONS AND TOURNAMENTS AND ALL THAT? YEAH, THANK YOU FOR, FOR THAT QUESTION. ONE OF THE THINGS THAT WHEN WE WERE PREPARING FOR THIS MEETING AND ALSO DOING OUR HOMEWORK OF STUDYING THE EVOLUTION OF THE, UH, UH, THE, THE DESIRES OF THE COMMISSIONERS IS TO UNDERSTAND THAT BRENTWOOD RESIDENTS, UH, SHOULD RECEIVE PRIORITY AS IT RELATES TO COURT ACCESS. AND ONE OF THE WAYS THAT WE CAN ACCOMPLISH THAT IS BY ALLOWING A EXCLUSIVE WINDOW OF TIME FOR BRENTWOOD RESIDENTS TO BE ABLE TO BOOK COURT TIME. UH, THAT IS A CERTAIN NUMBER OF HOURS IN ADVANCE OF WHEN A NON BRENTWOOD RESIDENT WOULD HAVE THE OPPORTUNITY TO BE ABLE TO BOOK COURT TIME. UM, WE'VE DONE SOME INTERNAL MODELING OF WHAT SOME SCHEDULES WOULD LOOK LIKE OF WHEN CLINICS WOULD BE AND WHEN TOURNAMENTS WOULD BE, AND WHAT TYPE OF COURT DEMAND DOES THAT HAVE. AND OUR INTENTION WOULD BE TO HAVE FOUR COURTS WORTH OF TIME AVAILABLE FOR BRENTWOOD RESIDENTS TO BE ABLE TO BOOK. UM, AND I THINK WHAT WILL PROBABLY BE NEGOTIATED, AT LEAST WHAT WE ANTICIPATE TO NEGOTIATE, IS THAT THERE WILL BE SOME PERCENTAGE OF TIME IN A WEEK THAT BRENTWOOD RESIDENTS WILL HAVE THE ABILITY TO BE ABLE TO BOOK THAT COURT TIME. UM, FOR EXAMPLE, LIKE ON A TOURNAMENT WEEKEND, UH, A TOURNAMENT RUN PROPERLY SHOULD REALLY USE FIVE OF THE SEVEN COURTS. SO THERE MAY BE SOME PERIODS OF TIME WHERE WE DON'T HAVE ALL FOUR COURTS AVAILABLE FOR BRENTWOOD RESIDENTS TO BOOK. UM, AND I THINK THAT'S JUST A PLACE WHERE, UH, WE CAN NEGOTIATE WHAT THAT AVAILABILITY THRESHOLD SHOULD LOOK LIKE ON A WEEKLY BASIS OR A MONTHLY BASIS. SO THAT WAY WE ARE BALANCING APPROPRIATELY COURT AVAILABILITY AS WELL AS PROFITABILITY OF THE FACILITY, AND THAT WE KEEP THOSE TWO THINGS, UH, IN, IN BALANCE TOGETHER. OKAY. ANYTHING ELSE YOU'D LIKE TO SHARE WITH THAT ABOUT RIP BRENTWOOD RESIDENTS VERSUS NON-RESIDENTS IN THAT TIME SPACE? UM, THE EASIEST LEVER FOR US IS FOR COURT BOOKING, UH, TIME AND THAT AVAILABILITY. I THINK THERE'S, THERE'S OTHER LEVERS THAT WE CAN EXAMINE. IF THE COMMISSIONERS FELT AS THOUGH THAT, THAT BRENTWOOD RESIDENTS, UH, NEEDED TO HAVE ADDITIONAL ADVANTAGEOUS POSTURING, I WOULD BE CERTAINLY WILLING TO HEAR THAT. AND I THINK WE COULD WEIGH THE IMPACT UPON THE PROFITABILITY OF THE FACILITY, UH, AND, AND, AND OUR MISSION, UH, WITH MAKING SURE THAT THERE IS COURT TIME AVAILABILITY FOR THE VERY RESIDENTS THAT WE'RE TRYING TO SERVE. SO, NOT AGAIN, SORRY, NOT TO PUT WORDS IN YOUR MOUTH, BUT ARE YOU SAYING THAT YOU WOULD BE OPEN TO INCREASING THAT PERCENTAGE FROM 57% TO HIGHER FOR BRENTWOOD RESIDENTS TO BE ABLE TO BOOK COURT TIME ON THE OVERALL PIECE OF HOW MUCH COURT TIME THERE IS AVAILABLE? I I THINK THAT WOULD BE CERTAINLY SOMETHING THAT COULD BE ON THE TABLE FOR DISCUSSION. UM, WHAT I [01:15:01] MIGHT, UM, SUGGEST IS THERE ARE DIFFERENT TYPES OF THINGS THAT WE CAN MAKE AVAILABLE TO BRENTWOOD RESIDENTS. ONE OF THEM IS JUST PURE COURT TIME. SO CAN I BOOK THIS COURT FOR OPEN PLAY, ME AND SOMEONE ELSE WANT TO PLAY? UM, WHAT I THINK COULD ALSO BE, UH, AVAILABLE THERE IS TO SAY THAT THERE IS A PRIORITY SIGNUP PERIOD FOR CLINICS. UM, AND, AND I THINK BY HAVING A BLEND OF, UH, DOING IT NOT JUST FOR OPEN COURT TIME, BUT FOR OTHER TYPES OF SLOTTED POSITIONS, TOURNAMENTS, THOSE TYPES OF THINGS, I THINK THAT WOULD BE VERY COMPELLING. INNSWORTH DOES THIS MODEL FOR THEIR TOURNAMENTS. UH, THEY PRIORITIZE INNSWORTH STUDENTS. UH, MY CHILDREN ARE NOT INS WORTH STUDENTS. AND A COUPLE TIMES WE'VE BEEN BUMPED FROM TOURNAMENTS BECAUSE WE WEREN'T. AND THAT'S JUST PART OF IT. AND I COULD IMAGINE SOME SIMILAR PIECES, UH, THAT WILL, UH, GIVE US ADDITIONAL LEVERS. WOULD YOU SEE PRIORITIZING THE MEMBERSHIP HOLDING CERTAIN NUMBER SPOTS FOR MEMBERS TO, IF BRENTWOOD RESIDENTS WANTED TO HAVE A LITTLE PRIORITY ON JOINING, WOULD, WOULD THAT BE AN OPTION AS WELL? I I THINK THAT'S A SOUND OPTION AND WOULD MAKE SENSE, UH, CREATING A VALUE PROPOSITION FOR THE MEMBERS AND ENSURING THAT WE'RE SERVING THE COMMUNITY. I I THINK THAT THAT IS A, A COMPELLING STATEMENT. A A REQUIREMENT OF MEMBERSHIP IS NOT NECESSARILY TO BE A RESIDENT OF BRENTWOOD. IS THAT CORRECT? THAT'S ACCURATE. YOU DO NOT HAVE TO BE A RESIDENT OF BRENTWOOD TO BE A MEMBER, AT LEAST AS THIS IS CURRENTLY CONTEMPLATED. UM, BUT I, I DO THINK THAT IT IS WORTH BEING THOUGHTFUL TO MAKE SURE THAT WE HAVE A, UH, APPROPRIATE BALANCE THAT, UH, THE CITY OF BRENTWOOD RESIDENTS HAVE A SLOTTED POSITION, UH, THAT GIVES THEM THE TYPE OF PRIORITY THAT, UH, I, I UNDERSTAND IS IMPORTANT FOR THE COMMISSIONERS AND IT'S IMPORTANT FOR THE FACILITY. THANK YOU FOR UNDERSTANDING THAT. UH, SWITCHING GEARS A LITTLE, PROBABLY YOU ARE AWARE, GIVEN HOW MUCH RESEARCH YOU'VE DONE OF THE LARGE USTA FACILITY GOING IN DOWN IN SPRING HILL, DO YOU SEE THAT AS, UM, BEING ANY COMPETITION OR ANY CONCERN ABOUT US SELLING COURT TIME AND FILLING THESE COURTS? GIVEN WHAT'S GOING IN AN HOUR SOUTH OF HERE? WE DEFINITELY HAVE BEEN THOUGHTFUL ABOUT ADDITIONAL CAPACITY COMING ONTO THE MARKET. I THINK THERE'S A COUPLE DIFFERENT PIECES THAT GIVE US AN ADVANTAGE IN THAT TRAFFIC , YOU DON'T OFTEN PUT THAT IN THE ADVANTAGE COLUMN EVER, I IMAGINE FOR EACH AND EVERY ONE OF YOU FOR HAVING TO DEAL WITH THAT. I, I HEAR YOU TAKE A DEEP BREATH RIGHT BESIDE ME AS I SAY THAT, UM, UH, IN, IN SOME WAYS PEOPLE MIGHT LAUGH AND SAYING THAT IF IT'S BUILT IN SPRING HILL, IT MIGHT AS WELL BE ON MARS. AND IN SOME CASES FROM A, UH, AN ACCESSIBILITY STANDPOINT, I THINK THAT WILL BE A SUBSTANTIAL BUFFER FOR US. UM, I ALSO BELIEVE THAT THE QUALITY OF INSTRUCTION AND THE INTENTIONALITY THAT WE ARE GOING TO HAVE AROUND THE VERY BEST INSTRUCTION IS GOING TO BE A SIGNIFICANT DIFFERENTIATOR. UH, I'VE HAD THE OPPORTUNITY TO GO TO USTA FACILITIES ALL ACROSS THE UNITED STATES THROUGH VARIOUS COMPETITIONS AND, UM, IT IS, UH, UH, NO KNOCK ON, UH, THOSE FACILITIES, BUT, UH, I'VE NEVER SEEN THE TYPE OF INTENTIONALITY AROUND INSTRUCTION THAT THIS FACILITY WILL PLAN TO HAVE. AND I THINK THAT WILL BE A REALLY IMPORTANT DIFFERENTIATOR. I WILL SAY, WHEN I HAVE, WHEN I'M PLAYING SOMEBODY AND WE HAVE TO GO TO MURPHYSBORO TO PLAY, WE DREAD IT. AND I CAN'T IMAGINE ANY PARENT WANTING TO HAUL THEIR KID ON A REGULAR BASIS TO SPRING HILL TO HAVE THEIR WEEKLY LESSON OR WHATEVER, SO THEY GET GRANDPARENTS TO DO IT. , I SPEAK FROM, I SPEAK FROM RECRUIT YOU, YOU'RE RIGHT. I SPENT THE ENTIRETY OF MY LAST WEEKEND AT THE ADAMS TENNIS COMPLEX DOWN THERE. AND I MEAN, IT IS ONLY TO EXPERIENCE RAIN AND, YOU KNOW, IT'S JUST THE MOST MISERABLE DRIVE COMING BACK WITH FRUSTRATION THAT I WAS SO EAGER TO BE HERE TODAY, , AS I REFLECTED ON MY DRIVE BACK. YEP. COUPLE OF, UH, QUESTIONS. SPENCER, NOW YOU KIND OF HINTED MAYBE A LITTLE BIT, UH, ABOUT, UM, ADJUSTING THE, UH, THE PROFIT PERCENTAGE PROGRAM BASED ON, UH, CAPITAL CONTRIBUTING, AND YOU'RE MAX OF SIX. UM, THERE'S AN OVERAGE. CAN YOU TALK TO US TO THAT? AND THEN I'VE KIND OF FOLLOW ON WITH THAT. SO THE, THE CONTEMPLATED STRUCTURE, IF THE COST OF THE FACILITY WAS $12 MILLION JUST FOR A ROUND NUMBER, I I UNDERSTAND IT WON'T BE, UH, BUT JUST FOR A ROUND NUMBER, IF IT WAS $12 MILLION, THEN BY SPLITTING IT, THE SIX AND SIX, UM, THERE, THERE'S A HURDLE, UH, A PROFIT HURDLE THAT WOULD FIRST COME TO OUR ORGANIZATION OF THE 15%. UM, AND BEYOND THAT, ASSUMING THAT EACH PARTY PUT IN AN EQUAL AMOUNT, THERE'S A 50 50 PROFIT SPLIT ABOVE THAT HURDLE RETURN RATE. UM, IF THE CITY OF BRENTWOOD, UH, IS A LARGER [01:20:01] CONTRIBUTOR TO THE CONSTRUCTION COST AS PERHAPS WOULD BE IN THIS CASE, IF THE FACILITY TURNS OUT TO BE 13 MILLION, IT WOULD LOOK LIKE SIX FOR US AND SEVEN FOR THE CITY OF BRENTWOOD. UM, THEN THE ADJUSTMENT IN THAT PROFIT SPLIT, UH, WOULD BE THE EXACT PERCENTAGE DIFFERENTIAL OF THOSE TWO, UH, ONCE WE CLEAR THAT HURDLE. UM, SO THAT, THAT'S SOMETHING THAT I THINK WOULD, WOULD BE REASONABLE AND EXPECTED, UH, IF, UH, IF THE CONSTRUCTION COSTS ARE WHERE I EXPECT THEM TO BE, WHICH, UH, WILL LIKELY BE BETWEEN A 13 AND A 13.5 TYPE NUMBER. GOTCHA. AND THEN THE FINAL ONE IS, UM, 25 YEAR, UH, LEASE THAT IS, UM, THE, UH, MAXIMUM ALLOWED BY, UH, LAW. UM, WE'VE HEARD SOME, UH, SOME FEEDBACK. I'VE HEARD FEEDBACK, UH, FROM, UH, SOME DIFFERENT FOLKS THAT I'VE TALKED TO ABOUT THIS AND THEY'RE LIKE, HEY, UM, YOU PROBABLY NEED TO CRANK BACK, UH, THE TERM OF THE LEASE, TRY AND GET IT SOMEWHERE IN THE 18 YEAR RANGE, YOU KNOW, SOMETHING LIKE THAT. SO, UM, I, I DON'T KNOW, UH, IF YOU ALL HAVE CONTEMPLATED, UM, THAT AND WHAT THAT LOOKS LIKE, MOVING THAT BACK, BUT I WOULD THINK THAT WE WOULD AGREE ON MAJOR DEAL POINTS, UH, IN THIS NON-BINDING LETTER OF INTENT. UH, THEN WE CAN, UM, UH, WORK TO PAPER, UH, THE, UH, THE DETAILS OUT THERE. BUT I WOULD SEE THIS AS A, AS A PRETTY MAJOR DEAL POINT. I, I THINK I'D INVITE, JUST LIKE ANY TOPIC THAT WE'VE HAD TODAY, INVITE DISCUSSION AROUND THAT THE, UM, THE ONLY LEVER THAT WE HAVE TO RECOVER OUR INVESTMENT, UM, IS THE DURATION OF THE LEASE. UH, THAT, THAT'S OUR FULL LEVER. THE INTENTIONALITY BEHIND THE 25 YEARS, UH, WAS AROUND THE, THE THOUGHT, UM, LIFESPAN OF THE FACILITY ITSELF. SO WITH TENSION FABRIC, UH, NIGHT LIKELY NEEDING TO BE REPLACED AROUND THAT 25 YEAR MARK, UM, THERE'S A, A MEANINGFUL CAPEX THOUGHT CONSIDERATION TO HAVE THERE. IT MIGHT ALSO BE A NATURAL PIVOT POINT OF THE FACILITY IF 25 YEARS FROM NOW PICKLEBALL HAS, UM, HAS, HAS REPLACED TENNIS, OR IF TENNIS HAS, UH, SUBSUMED PICKLEBALL OR IF THEY REMAIN IN THE SAME WAY, UM, THAT'S WHY WE CAME UP TO THAT 25 YEAR LIFESPAN. BUT TO THE EXTENT THAT THERE ARE CONTRARY POSITIONS THAT, UH, WOULD SEEK A SHORTER TIME SPAN, I WOULD BE HAPPY TO HEAR THE, THE, UH, THE LOGIC BEHIND THAT AND THE RISK THAT THE CITY OF BRENTWOOD FEELS THAT IT IS MITIGATING BY SHORTENING FROM 25 TO 18 ON THE, UM, I'M ASSUMING YOU MET WITH BRIAN AND SO THE, THE, WHAT THE RACKET, THE AD HOC COMMITTEE CAME UP WITH ON THE DESIGN AND THEN WORKING WITH BRIAN, IT SOUNDED LIKE YOU WERE ABOUT 90% GOOD WITH WHAT THAT DESIGN WAS. YOU WOULD JUST TWEAK SOME INTERIOR THINGS, BUT THAT'S SOMETHING THAT COULD BE EASILY ACCOMPLISHED THAT, THAT'S ACCURATE. BRIAN, UH, IS A UNBELIEVABLE WEALTH OF KNOWLEDGE, UH, AND REALLY HAS DONE SOME FANTASTIC WORK FOR PUTTING TOGETHER THE, THE PLANS. AND, UH, THERE ARE, AS, AS YOU CORRECTLY, UH, PICKED UP ON, THERE ARE A HANDFUL, UH, OF, UH, CHANGES. I'M HAPPY TO DETAIL THE TOP TWO OR THREE ONES THAT I, I SEE AS IMPORTANT FOR THE FACILITY. UM, BUT IN JUST THE DISCUSSION ABOUT THE TYPES OF COST IMPACT THAT THOSE CHANGES WOULD HAVE, UM, CERTAINLY DID NOT APPROACH A A MILLION DOLLAR THRESHOLD. UH, WE'LL, WE'LL HAVE TO SEE WHAT IT ACTUALLY GETS BID OUT AT ONCE WE KIND OF, UH, ABSORB THE CONSTRUCTION COST OF TODAY. MM-HMM. . UM, BUT I'D, I'D, UM, UH, BRIAN DID NOT GIVE ME ANY INDICATION IN SPEAKING THROUGH THAT, THAT ANY OF THE CHANGES WOULD BE, UM, UH, A SIGNIFICANT DEPARTURE FROM WHAT'S BEEN CONTEMPLATED. ONE THING THAT I'VE LEARNED ABOUT SINCE ALL THIS CAME ABOUT THAT I WASN'T AWARE OF, WHEN WE TALK ABOUT PICKLEBALL CRAZE VERSUS TENNIS AND SO FORTH, THERE'S ANOTHER ONE COMING ON THAT WE MIGHT NEED TO CONSIDER IF YOU HAVE TO CONVERT TO IT. PADDLE BALL OR SOMETHING. PADDLE THAT PADDLE, YEAH. IT'S LIKE, HAVE YOU HEARD OF THIS? IT'S LIKE A COMBINED, YOU KNOW, TAKE TENNIS RACKETBALL AND PICKLEBALL AND MESH IT ALL TOGETHER. AND THERE'S SOME OTHER COMMUNITIES THAT ARE ALREADY BUILDING FACILITIES FOR THIS NEW PADDLE BALL, SO I DON'T KNOW ANYTHING ABOUT THAT. THEY PUT A WALL BEHIND THE PADDLE BALL COURSE. YEAH. SO, UM, IT'S INTERNATIONAL. IT'S AN INTERNATIONAL GAME. IT'S COTTON FLARED THERE. WE TALKED ABOUT IT IN OUR ADMIRAL COMMITTEE. SO, MM-HMM. IT, IT, IT, IT IS AMAZING THE EVOLUTION THAT IS GOING ON IN THE SPORT. I THINK IT, IT, IT POINTS TO THE IMPORTANCE OF THE, UH, VERSATILITY OF THE DESIGN AS WE THINK THROUGH THE FACILITY THAT, UM, UH, JUST AS, UH, UH, THE MAYOR POINTED OUT THAT I THINK HAVING THOUGHTFULNESS AROUND THE CONVERSION BETWEEN ONE AND GIVING US THE OPPORTUNITY TO BE ABLE TO PIVOT IF, IF, IF THAT WAS, UH, THE ULTIMATE DECISION. UH, I, I, I THINK THAT WOULD BE WISE TO CONSIDER THAT TOO. GET BACK TO, UH, MEMBERSHIP A MOMENT. UM, [01:25:02] LIKE WHEN YOU JOIN A, A CLUB, USUALLY THAT'S A FAMILY MEMBERSHIP AND THIS IS PER MEMBER. IS THAT A FAMILY? OR IF THERE YOU PARENT TWO PARENTS AND TWO CHILDREN? IS THAT FOUR, FOUR TIMES THIS? WE, WE'VE SPENT A LOT OF TIME. THE SHORT ANSWER TO YOUR QUESTION IS NO, THAT IS, THAT IS NOT FOUR TIMES THIS, THE WAY THAT WE HAVE THIS CONTEMPLATED AS AN INDIVIDUAL MEMBERSHIP, WHICH WOULD BE FOR ONE PERSON AND A FAMILY MEMBERSHIP, UM, IN OUR MODEL, WE HAVE SAID A FAMILY MEMBERSHIP WILL BE TWO OR MORE PEOPLE. UM, BECAUSE I WAS JUST THINKING 550 PEOPLE IS NOT A BIG PROGRAM. I MEAN, FOR US TO BUILD A HOLE OF GOOD, THERE YOU GO. OH, OKAY. I SEE THAT ONE. ALRIGHT. YEAH, WE'RE, WE'RE TRYING TO WRESTLE BETWEEN THAT TWO IS THREE. SO WE'RE STILL TALKING 550 PEOPLE THAT YOU SAID THE MEMBERSHIPS ARE 80% OF WHO YOU WILL SERVE AND 20% IS THE REMAINDER, IF I'M READING THIS CORRECTLY, THAT THAT IS ACCURATE. WE, WE ARE EXPECTING THAT FOR THE PEOPLE THAT ARE UTILIZING OUR FACILITY, THAT 80% OF THEM WILL BE MEMBERS. UM, WE HOPE TO CREATE A VERY CLEAR VALUE PROPOSITION THAT IF YOU ARE USING OUR FACILITY, KIND OF LIKE IF YOU GO TO THE ZOO OR YOU GO TO A THEME PARK, SOMETIMES IT'S LIKE THIS, UH, MEMBERSHIP PAYS FOR ITSELF IN 1.2 VISITS. IT, THAT'S THE TYPE OF VALUE PROPOSITION THAT WE'RE WANTING TO CREATE. UH, AND, AND WE DO EXPECT THAT 80% OF THE USERS OF OUR FACILITY WILL BE, UH, MEMBERS AND YOU HAVE 550 MEMBERS. THAT'S A, THAT'S A VERY SMALL NUMBER FOR A PUBLIC PROGRAM, I THINK. UH, AND I IMPORTANTLY HERE WE HAVE ON THE TENNIS SIDE, FIVE 50 AND ON THE PICKLEBALL SIDE, 400, SO YOU NINE, SO THE CUMULATIVE NINE 50, UH, OF, OF 950 MEMBERS IS, AND THERE COULD BE SOME ADDITIONAL WITHIN A, 'CAUSE YOU ONLY HAVE ON THIS SHEET ONE TYPE OF MEMBERSHIP LISTED. YOU DON'T HAVE THE FAMILY LISTED SEPARATELY, WHICH IS WHAT I WAS LOOKING AT WHEN I SAID THAT WHILE WE GOT, THAT'S, THAT, THAT'S ACCURATE. SO THERE COULD BE MORE PEOPLE THAN THIS IS REFLECTING THERE. THERE ARE ABSOLUTELY WILL BE MORE PEOPLE. SO LIKE A FAMILY MEMBERSHIP, FOR EXAMPLE, UH, FOR, FOR MY FAMILY, I'M A FAMILY OF SIX. AND SO ONE MEMBER ON HERE AS IT RELATES TO THE FINANCIAL MODEL COULD BE SIX HUMAN BEINGS. THAT'S WHAT I WAS HOPING BECAUSE FIVE 50, A VERY SMALL NUMBER FOR US TO SPEND ALL THAT MONEY ON, I THINK IN WHAT, YOU KNOW. BUT THAT, AND I THINK IT WILL GROW JOE WILD. YEAH. FOUR 50. FOUR 50. SUZANNE, I THE WAY TO THIS, I DON'T KNOW IF YOU KNOW THIS, YOU BELONG TO WILDWOOD, THAT 1,183, IS THAT INDIVIDUAL PEOPLE OR FAMILIES OR WHAT DO YOU KNOW? SO THE 183 ON THE WAIT LIST SOUNDS LIKE IT MAY JUST BE YOUTH BECAUSE WE HAVE ABOUT 400 PLUS ON THE WAIT LIST. THAT'S EXACTLY, YES. FOR MEMBERSHIP TOTAL. UM, AND THEN WE HAVE ABOUT 450 FAM PEOPLE, FAMILY AS A MEMBER, AND WE FILL ALL 10 COURTS ON A REGULAR BASIS. SPENCER, I GUESS A COUPLE OF QUESTIONS. UM, UH, ONE MAY BE EASIER. UH, ON THE PROFORMA IT SHOWS HOURS PER WEEK PER COURT AT A HUNDRED, BUT, UH, I'M GUESSING THAT'S NOT, I MEAN, UTILIZING THE COURT A HUNDRED HOURS IN ANY GIVEN WEEK, I'M GUESSING THAT'S A CERTAIN NUMBER OF HOURS PER PERSON ON THE COURT, OR WHAT, WHAT DOES THAT NUMBER MEAN? SO WHAT THAT'S INTENDED TO CAPTURE ARE THE OPERATING HOURS OF THE FACILITY. SO WHEN, UH, YOU LOOK AT A FACILITY OPENING UP, UM, THE LESSONS AT RICHLAND, UH, WILL BEGIN AT SIX OR SIX 30 IN THE MORNING. UH, SO IT'S, IT'S EARLY AND THEN, UH, RUNNING LATE UNTIL THE EVENING, CERTAINLY FOR PICKLEBALL, PICKLEBALL RUNS LATER. UH, AND SO THINKING ABOUT, UM, UH, SOMEWHERE BETWEEN AN 8:00 PM AND 10:00 PM CLOSURE TIME OF THE FACILITY, THE A HUNDRED HOURS IS MEANT TO SAY HOW MANY HOURS AS AN ENTIRETY. IF THE FACILITY IS OPEN FOR EVERYTHING, HOW MANY HOURS ARE THERE AVAILABLE? AND SO OUR FINANCIAL MODEL BASICALLY SAYS, OKAY, LET'S START WITH THAT AND THEN LET'S ALLOCATE THOSE HOURS TO LESSONS TO CLINICS TO OPEN PLAY TO TOURNAMENTS AND IMPORTANTLY TO DOWNTIME. UM, SO THE HOURS OF DOWNTIME ON THE PICKLEBALL SIDE, UH, IS IS 38 HOURS FOR EVERY 100 HOURS OF OPEN TIME. GOTCHA. UM, SO, SO ESSENTIALLY CONTEMPLATING A HUNDRED HOUR WORK WEEK, SEVEN DAYS A WEEK FOR THOSE HOURS, AND THEN THE PORTION OF THOSE A HUNDRED HOURS, HOW THEY BE USED AND, YOU KNOW, TWO HOURS OF NON-PROGRAM TENNIS TIME AND, AND 38 LIKE YOU'RE SAYING, NON-PROGRAM. THAT'S EXACTLY RIGHT. YEP. ANSWERS THE QUESTION. AND THEN, UM, AS A COMMISSIONER MCMILLAN BROUGHT UP, UH, WITH A COUPLE DIFFERENT EXAMPLES. YOU KNOW, I'D GOTTEN CONTACTED BY THE LEGACY [01:30:01] POINT PEOPLE THAT SHE MENTIONED, YOU KNOW, ABOUT SPRING HILL, UH, THEY, BECAUSE THEY'RE RIGHT NEXT TO THE CADILLAC PLANT DOWN THERE, THEY CONTACTED ME AS A CADILLAC DEALER TRYING TO REACH OUT FOR A COLLABORATION WITH THE FOLKS AT G MANUFACTURING IN SPRING HILL. SO THEY BROUGHT BIOMATERIALS, BUT YOU KNOW, TALKING ABOUT THAT, WHICH CHANGES THE EXTERNAL ENVIRONMENT, YOU MENTIONED PADDLE BALL, I GUESS, WHICH COULD CHANGE THE EXTERNAL ENVIRONMENT. UM, AND YOU KNOW, WE TALK A LOT ABOUT, YOU KNOW, AS THE, THIS AD HOC COMMITTEE HAS COME OUT WITH THEIR REPORT AND WITH SOME OF THIS, I'VE HEARD A LOT OF TALK ABOUT ALL THIS MONEY TO BE MADE AND ALL THIS UPSIDE OF DOING IT, BUT WE HAVEN'T TALKED A LOT ABOUT DOWNSIDE RISK OTHER THAN REPURPOSING THE FACILITY. BUT KNOWING THAT THERE CAN BE CHANGES IN THE EXTERNAL ENVIRONMENT FROM A NUMBER OF DIFFERENT SOURCES. AND OVER 25 YEARS AS COMMISSIONER MORMAN, YOU KNOW, POINTED OUT, YOU KNOW, THERE CAN BE A LOT THAT HAPPENS. HOW, HOW WOULD YOU ENVISION DOWN DOWNSIDE RISK? I MEAN, AND, AND AND WHAT'S THE DIFFERENCE BETWEEN LIKE A, A, A RECESSION, WHICH MAY BE MONTHS OR A COUPLE YEARS OF DOWNSIDE RISK VERSUS A FOR REAL STRUCTURAL CHANGE IN THE SPORT, WHICH COULD BE A LONGER OUTSIDE RISK. THANK YOU, COMMISSIONER. THAT SAID GREAT QUESTIONS ON SEVERAL DIFFERENT FRONTS. SO ONE OF THE NICE PARTS ABOUT THIS FACILITY IS THERE IS NOT A SUBSTANTIAL AMOUNT OF FIXED COSTS AS YOU WOULD THINK, LIKE A MANUFACTURING FACILITY THAT HAS REALLY MEANINGFUL FIXED COST SIDE. UM, WHEN WE ARE THINKING ABOUT THIS AS OPERATORS, OUR MAIN COST IS OUR LABOR AND ENSURING THAT THE STAFF AND THE PROS ARE PAID FOR. AND WE DO HAVE FLEXIBILITY TO BE ABLE TO MOVE THAT UP OR DOWN. UM, AND GIVEN THAT THE PRODUCT THAT WE'RE SELLING IS AVAILABILITY AND SPACE, UM, WE'RE ALSO THANKFUL THAT WE DON'T HAVE MEANINGFUL INVENTORY THAT WE HAVE TO CARRY OBSOLESCENCE OF THAT INVENTORY. MM-HMM, . SO I THINK THAT THIS FACILITY, AS IT'S CONTEMPLATED HERE, GIVES US A LOT OF, UH, RESILIENCY AGAINST THE CERTAINTY THAT OVER 25 YEARS THERE WILL BE ECONOMIC HARDSHIP AND ECONOMIC BOOM TIMES AND EVERYTHING IN BETWEEN. SO, SO IF YOU'RE NOT CLICKING THAT HALF A MILLION BUCKS THAT WE'RE TALKING ABOUT IN HERE OR THEREABOUTS, YOU'VE GOT AN APPETITE FOR WEATHERING THAT STORM KNOWING THAT IF YOU'RE NOT MAKING THAT REVENUE BACK, THAT'S SORT OF THE BASE REVENUE THAT'S, THAT'S NOT GONNA BE CRUSHING FOR YOUR ORGANIZATION. THAT, THAT THAT'S ACCURATE. SO TO TO, TO PROPERLY UNDERSTAND THE, THE ORGANIZATION TOO. AND WHAT I, I HOPE WILL, UH, GIVE THE COMMISSIONERS COMFORT AND, AND NOT BE TAKEN AS, AS ANY TYPE OF, UH, UH, OF, OF ARROGANCE IS TO SAY THAT, YOU KNOW, OUR ORGANIZATION AS A A HUNDRED MILLION DOLLAR BRAND HAS A LOT OF DIFFERENT REVENUE STREAMS THAT ARE TIED TO A NUMBER OF DIFFERENT THINGS THAT, UM, THIS IS A, A PROJECT THAT I CARE VERY DEEPLY ABOUT. IT'S VERY PERSONAL TO ME. UM, BUT, UH, IT IS NOT SOMETHING THAT I AM, UH, FEEDING MY FAMILY, UH, WITH THE INCOME FROM THIS, UM, OR IN ANY WAY, UM, UH, DEPENDENT UPON THE PROFITABILITY FOR ANY SEASON OR NUMBER OF SEASONS IN ORDER TO CONTINUE ITS OPERATION. UM, BEING AN ENTREPRENEUR, UH, IN THE TRANSPORTATION SPACE, UH, I'VE HAD TO WEATHER MY FAIR NUMBER OF YEARS THAT, UH, IT'S A VERY CYCLICAL INDUSTRY. UH, AND SO FROM AN OPERATOR STANDPOINT, UM, I WOULD LOVE FOR THE COMMISSIONERS TO TAKE COMFORT, UH, IN THAT WE HAVE HAD TO NAVIGATE, UH, GOOD SEASONS AND BAD, UH, AS IT RELATES TO FUEL PRICES AND TRUCK COSTS AND DRIVER AVAILABILITY. AND WE WOULD TRY TO APPLY THOSE SAME PRINCIPLES HERE. THAT MAKES SENSE. AND ALONG THOSE LINES, I MEAN, AND AS I MENTIONED A MINUTE AGO, YOU LED UP FRONT WITH THE ENTREPRENEURIAL NATURE OF YOUR, YOUR COMPANY AND, UH, YOU KNOW, AN APPROACH TO THE BUSINESS MODEL. BUT AM AM I RIGHT IN, IN IMPLICITLY READING INTO THIS, THAT THAT ENTREPRENEURIAL FLEXIBILITY AND THE ABILITY TO, TO TAKE THE STRATEGY AND UPDATE IT BASED ON MARKET CONDITIONS AND BASED ON WHAT WORKS OR NOT, THAT SEEMS TO BE A PRETTY IMPORTANT PART OF YOUR PROPOSITION HERE AND HAVING THE LATITUDE TO BE ABLE TO DO THAT. AND EVEN AS WE'RE TALKING LIKE SOMETHING BAKED INTO THAT, AS YOU MENTIONED WITH THE, UH, COURT UTILIZATION ON THE PICKLEBALL SIDE, HAVING PEOPLE ON THE COURTS MEMBERSHIP OR NOT IS IMPORTANT. NOW A MEMBERSHIP FEE THAT'S ALREADY IN THE BANK HELPS MITIGATE THAT SOMEWHAT, BUT AM AM I RIGHT IN SEEING THAT THAT'S PART OF THE STRENGTHS, IS THAT ENTREPRENEURIAL ABILITY TO CHANGE THINGS FASTER THAN YOU MIGHT IN A MORE BUREAUCRATIC ORGANIZATION? YES, COMMISSIONER, I THINK THAT'S, THAT'S EXACTLY RIGHT. AND, AND PART OF THE SPIRIT, I THINK YOU'LL SEE FLOW THROUGH A LOT OF DIFFERENT PARTS OF THE ORGANIZATION IS THE ABILITY TO MARKET AND BRAND, UH, IN A WAY THAT [01:35:01] LETS US, UH, DEMONSTRATE THAT WE ARE HERE TO SERVE THE COMMUNITY, UM, THAT SERVE. AND THE WAY IN WHICH WE SERVE WILL UNDOUBTEDLY LOOK DIFFERENT OVER, UH, DIFFERENT PERIODS OF TIME. AND CERTAINLY OVER THAT 25 YEARS, UH, THE WAY THAT WE CURRENTLY PERCEIVE THE MARKET NEED RIGHT NOW IS ONE THAT IS DESPERATELY HUNGRY FOR COURTS. UH, IT BEGINS THERE, BUT I BELIEVE THAT THE NEED IS EVEN DEEPER IN THE HUNGER FOR INSTRUCTION. UM, AND THAT I THINK IS SO ON BRAND FOR THE CITY OF BRENTWOOD IS WE JUST DO THINGS DIFFERENTLY HERE. WE DO IT WELL AND WE DO IT AT A HIGH LEVEL. AND I THINK IT WOULD BE A REALLY POWERFUL MOMENT FOR US TO BE ABLE TO HAVE THE TYPE OF INSTRUCTION FACILITY THAT, UH, WE COULD ALL BE REALLY PROUD OF HERE IN BRENTWOOD. WELL SAID. I HAVE A POINT OF CLARITY. UM, UH, COMMISSIONER ANDERS, I APPRECIATE YOU ASKING THAT, UH, QUESTION ABOUT THE DOWNSIDE RISK. AND JUST TO CLARIFY, UM, WHAT I SEE IN YOUR NUMBERS BASED ON YOUR PROPOSAL IS THAT YOU WOULD BRING IN OVER A MILLION DOLLARS A YEAR, ASSUMING THINGS ARE GOOD, AND THIS IN THE ECONOMY THAT YOU WOULD BE BRINGING AND NOT ON THE DOWNSIDE, YOU WOULD BE BRINGING IN OVER A MILLION DOLLARS A YEAR IN REVENUE FOR YOU, UM, AS OPPOSED TO THE CITY WHICH WOULD BE BRINGING IN CONSIDERABLE AMOUNT LESS MONEY. IS THAT COR AM I CORRECT IN THAT ASSUMPTION UNDER THERE'S UNDERSTANDING? YEAH, THERE'S A SLIDE HERE THAT THAT DEMONSTRATES, UM, UH, WITH A, A SLIGHTLY DIFFERENT FIGURE, UM, THAT SHOWS A, UH, A, A $12 MILLION CONSTRUCTION COST AND A PROFIT OF 1.5 VERSUS WHAT IS CONTEMPLATED HERE IN THE, THE PROFORMA. UH, BUT THAT'S ACCURATE. SO THE, THE 15% THRESHOLD, UH, WOULD GO TO 900,000 AND THEN ASSUMING THAT WE BOTH MEANING US IN THE CITY OF BRENTWOOD HAD THE SAME CONTRIBUTION TO THE CONSTRUCTION COST, THAT IT WOULD SPLIT 50 50 FROM THERE. SO THAT WOULD, THAT WOULD LOOK LIKE A, A 1.2 FIGURE. UH, THE, THE ASPECT THAT, UM, WHAT I WAS, UH, TRYING TO ILLUSTRATE IN THE OPENING PART OF MY PRESENTATION IS THAT, UM, I VERY MUCH WANT THE COMMISSIONERS TO COME AWAY FROM FEELING THAT, UM, THERE IS EQUALITY BETWEEN US, EVEN THOUGH YOU MIGHT LOOK AT THE STRUCTURE TO BEGIN WITH AND SAY, WELL, THIS KIND OF DOESN'T LOOK AS, AS EQUAL. I THINK THE VERY IMPORTANT ASPECT OF THIS IS THE, THE $6 MILLION CONTRIBUTION THAT I WILL BE, UH, UH, PUTTING ON THE TABLE AND, AND, AND IS IR RECOVERABLE, UH, TO THE BENEFIT OF THE CITY OF BRENTWOOD IS THAT ON DAY ONE I START AT NEGATIVE 6 MILLION, BRENTWOOD STARTS AT POSITIVE 6 MILLION. AND SO THE EFFORT TO TRY TO RECOVER THAT GAP IS HERE. YEAH. AND I, I WE'RE PUTTING IN SOME LAND TOO THAT'S NOT, NOT REALLY PUT INTO THIS, RIGHT. THE, THE, THE LAND COMPONENT IS ACCURATE. THE, THE LAND, UH, FROM MY VANTAGE POINT WILL REMAIN THE CITY OF BRENTWOOD FOR THE ENTIRETY. AND SO I, I TRY TO, THE FRAMEWORK THAT I'VE TRIED TO PUT THIS PROPOSAL TOGETHER WITH IS TO SAY ON, ON DAY ONE, UM, UH, HOW DOES IT LOOK AND, AND ON DAY, UH, UH, THE FINAL DAY OF THE YEAR 25, HOW DOES IT LOOK? UM, AND WHAT IS IS CLEAR TO ME IS THAT, UH, THE, THE LAND IS CERTAINLY, THIS IS NOT POSSIBLE WITHOUT THE LAND. THE LOCATION IS INCREDIBLY VALUABLE. UM, AT THE END OF THE 25 YEARS, ALL OF THOSE THINGS REMAIN IN THE SOLE CUSTODY OF, UH, THE CITY OF BRENTWOOD AS WELL AS THE FACILITY AND, AND OUR INVESTMENT. UH, AND HOPEFULLY, UH, AT THE END OF THAT 25 YEARS, UH, WE WILL HAVE LEFT A BRAND THAT, UH, THE CITY OF BRENTWOOD IS VERY, VERY PROUD OF. AND, AND PERHAPS WE COULD BE INVITED TO CONTINUE, UH, TO OPERATE. UH, BUT THAT WOULD CERTAINLY BE, UH, TO TO THE DISCRETION OF THE COMMITTEE. YEAH. ALONG THOSE LINES, JUST, JUST DIRECTLY ON WHAT HE WAS SAYING, UM, I DON'T KNOW IF IT'S A CONCEPT AS MUCH IN ALL INDUSTRY, BUT IN THE CAR BUSINESS, GOODWILL IS A REALLY BIG DEAL WHEN THEY HAVE BUY SELLS OF BUSINESSES AND HAVING AN ONGOING BUSINESS WITH A REPUTATION IN THE COMMUNITY, YOU KNOW, THAT'S A LOT OF TIMES A SIGNIFICANT PORTION OF THE SALE PRICE. AND KIND OF WHAT I HEAR YOU SAYING IS THAT AT THE END OF THIS THING, YOU KNOW, YOU'RE, YOU'RE DONATING, ASSUMING THIS GOES WELL, IT'D BE DONATING THE GOODWILL BACK TO THE CITY OF BRENTWOOD AS PART OF IT, WHICH SHOULDN'T BE OVERLOOKED. MY PHILOSOPHY ABOUT RECREATIONAL FACILITIES, I REMEMBER WHEN WE BOUGHT CROCKETT PARK AND WE DIDN'T HAVE A LOT OF MONEY, BUT WE FELT THAT WE NEEDED TO DO IT. I'VE NEVER SEEN THE CONSIDER THE CITY AS IN THE MONEY MAKING BUSINESS. WE PROVIDE A SERVICE AND THERE'S GONNA BE A CERTAIN COST TO THAT TO PROVIDE THAT SERVICE. I DIDN'T WANT US TO HAVE TO PROVIDE ALL OF IT WHEN THERE HAD BEEN AN OFFER ON THE TABLE TO SHARE THE COST WITH US. NOW, TO ME, IF WE'RE NOT OPERATING IT AND WE'RE NOT PAYING SALARIES, WE'RE ALREADY AHEAD OF THE GAME THERE, WE'RE OUT OUR INITIAL [01:40:01] INVESTMENT, BUT WE SPEND INITIAL INVESTMENTS ON RECREATIONAL THINGS ALL THE TIME. WE JUST DO. AND WE DON'T SPEND IT WITH THE IDEA OF, OKAY, NOW HOW MUCH MONEY ARE WE GONNA MAKE BACK PER HOUR AND AT WHAT YEAR CAN WE PAY THAT OFF? THAT'S NOT WHAT THE GOVERNMENT DOES. WE ARE NOT A BUSINESS. I, I THINK A PARTNERSHIP IN THE LAND PURCHASE, WHETHER IT'S THE COUNTY OR IT'S YOUR GROUP, IS WHAT'S KEY TO ME BECAUSE IT LIMITS THAT INITIAL INVESTMENT AND WITH BOTH, WE ARE NOT OPERATING THE BUILDING OR EMPLOYEES. AND I THINK WE'RE AHEAD OF THINGS THERE. SO THAT'S JUST WHERE I COME AT FROM THAT. I, I JUST ALWAYS WANTED SOMEONE TO PARTNER WITH THE INITIAL COST OF IT. AND I'M NOT WORRIED ABOUT WHETHER WE MAKE A TON OF MONEY DOWN THE ROAD 'CAUSE WE ARE NOT SPENDING ANYMORE AS FAR AS I CAN SEE. IS THAT CORRECT? AS FAR AS ONGOING OPERATING COSTS? RIGHT, RIGHT. AS FAR AS WE KNOW, AND IF WE DO DO THINGS RIGHT, WE SHOULDN'T BE SO, AND ONE PART OF IT IS WE'LL HAVE TO, YOU KNOW, FACTOR IN HOW WE START PUTTING SOME MONEY AWAY FOR, 'CAUSE AGAIN, IT'S OUR BUILDING AT THE END OF THE TERM WHO'S RESPONSIBLE FOR MAJOR MAINTENANCE DURING THE TERM. AND THEN AT THE END OF, 'CAUSE I, WHAT I DON'T WANT IS IF WE DID THIS AT 20 YEARS, 25 YEARS, SHE SAYS, YOU KNOW, WE END IT AND WE GET A 25-YEAR-OLD BUILDING AND WE GOT A MARYLAND FARMS, WELL YEAH, WE GOT AND WE GOT $5 MILLION OF DEFERRED MAINTENANCE THAT'S GOTTA BE DEALT WITH. SO THOSE ARE SOME OF THE ASPECTS OF IT. YEAH. THE OTHER THING, JUST TO MAKE SURE WE'RE CLEAR ON THE, ON THE DOWNSIDE RISK, THE AGREEMENT WOULD NOT GUARANTEE THEM THE 15% THRESHOLD IF IN ANY GIVEN YEAR THE OPERATING REVENUE DOESN'T GET THEM TO 15%. IT'S NOT LIKE WE'RE, WE'RE GONNA MAKE UP THE DIFFERENCE. THAT'S JUST THEIR RISK. EXACTLY. AND IF GOD FORBID IT EVER ACTUALLY DIDN'T EVEN MAKE MONEY TO GET TO A ZERO NET REVENUE, THAT'S THEIR RISK ALSO. THAT'S ACCURATE. SO THAT'S NOT TO BE OVERLOOKED. NEW FACILITY AT UNIVERSITY OF MEMPHIS, THE TENNIS FACILITY, I HAVE HEARD ABOUT IT, BUT I HAVE NOT BEEN THERE IN PERSON. AND WHAT'S AMAZING, HOW MUCH THINGS HAVE CHANGED, I REMEMBER WHEN THEY PUT IN A FACILITY IN MEMPHIS YEARS AGO, BUT IT WAS BASICALLY QUO HUTS WITH TENNIS COURTS UNDERNEATH THIS ONE, THIS NEW ONE THAT THEY JUST BUILT THE UNIVERSITY OF MEMPHIS. IT IS AMAZING. IT'S, IT'S THIS WHAT THEY'RE TALKING ABOUT. CAN'T, I'M OLDER THAN YOU. YOU DON'T HAVE TO TELL ME HOW THINGS CHANGE. I KNOW , I KNOW, BUT THE WHOLE TENNIS THING REALLY, IF WE JUST WERE PUTTING UP A SIMPLE BUILDING, I THINK PEOPLE WOULD BE GREATLY DISAPPOINTED. AND I THINK THEY'RE GONNA BE EXCITED WITH THIS. I REALLY DO. SO, YEAH, THANK YOU. AND I KNOW WE HAVE RESIDENTS AND I CERTAINLY UNDERSTAND THEIR FEELING. THEY'D SAY THIS IS A NICHE SPORT, YOU KNOW, WELL, ONLY SO MANY CHILDREN PLAY FLAG FOOTBALL TOO. ONLY SO MANY PEOPLE RIDE BIKES. UM, YOU CAN'T PICK, I DON'T PLAY TENNIS. MY KIDS LOVE IT. THEY PLAYED AT MARYLAND FARMS. UM, BUT I THINK OUR, OUR GOAL IS TO TRY TO PROVIDE A BROAD SPECTRUM FOR OUR CITIZENS. AND MAYBE WE DON'T LIKE THE IDEA OF HAVING TO BILL THIS, BUT WHEN THE COMMUNITY IS GETTING USED TO SOMETHING MM-HMM. AND IT'S GONE. THEY DO LOOK TO YOU TO TRY TO FIND A SOLUTION AND IT'S BEEN HARD COMING TO A SOLUTION. SO I HOPE ON SOMETHING WE CAN, I VERY MUCH LIKE WHAT I'VE HEARD. I'LL SAY THAT. AND I'M, I DON'T EXPECT THAT WE WILL WALK OUT OF HERE IN UNANIMITY TODAY BY ANY MEANS. BUT I, I APPRECIATE WHAT YOU'VE BROUGHT TO THE TABLE. THANK YOU COMMISSIONER SPENCER. I APPRECIATE ALL THAT YOU'VE DONE TO RESEARCH AND BRING THIS PROFESSIONAL APPROACH FOR SURE. UM, AND WHAT YOU DO TO STEWARD YOUR COMPANY. AND UNLIKE YOU SAID EARLIER, I THINK LOGISTICS ARE PRETTY EXCITING, . SO, UM, YOU'LL HEAR ME SAY THAT A LOT. IT'S ALL ABOUT THE LOGISTICS. SO I THINK IT'S, UM, GREAT WHAT YOU DO AND HOW YOU HAVE A PROVEN TRACK RECORD AND LIKE YOU ARE A STEWARD FOR YOUR GROUP. WE ARE STEWARDS FOR OUR RESIDENTS AND THEY ARE INVESTING THE LAND AND THEN WHATEVER AMOUNT WE, SO WE JUST NEED TO MAKE SURE THAT THEIR RETURN ON INVESTMENT IS MET IN AN ENVIRONMENT THAT MAKES SENSE FOR THEM. SO THANK YOU FOR UNDERSTANDING THAT. THANK YOU COMMISSIONER SPEARS. APPRECIATE THAT. I SHARE THAT SENTIMENT. THANK YOU. GOOD JOB. THANK YOU. SO AGAIN, JUST KINDA GOING FORWARD A GREAT DISCUSSION AND EVERYTHING ELSE, UH, AS WE'VE DISCUSSED, AND I THINK YOU'VE SEEN A DRAFT LETTER OF INTENT. I MEAN THAT WAS KIND OF WHAT WE WERE TALKING ABOUT AS THE NEXT STEP IN THIS, WHICH WOULD BE YOUR APPROVAL, UH, AT A, AT A LETTER LETTER OF INTENT THAT WOULD GIVE US KIND OF A 90 DAY WINDOW TO, TO FLESH OUT ALL OF THESE DETAILS. UM, THAT LETTER OF INTENT WOULD, WOULD HIT THE HIGHLIGHTS AS THE MAYOR SAID OF, OF, OF THE BIG POINTS OF THE DEAL. UM, I DON'T KNOW, AFTER [01:45:01] OUR DISCUSSIONS, YOUR DISCUSSION TODAY, WE MAY GO BACK AND TWEAK THAT JUST A LITTLE BIT, UH, AND SEE THAT, BUT ABSENT, AND I HAVEN'T HEARD ANYTHING IN THIS DISCUSSION TODAY THAT JUST SAYS THANK YOU, BUT NO THANK YOU. GO AWAY, . I MEAN, I THINK THAT'S THE NEXT STEP OF HAVING THAT ON AN AGENDA, UH, THAT WOULD GIVE US THAT NEGOTIATING WINDOW. AND DIS SPENCER AND I HAVE DISCUSSED ANYTIME IN THAT 90 DAY WINDOW, EITHER PARTY CAN SAY, YOU KNOW WHAT, IT'S JUST NOT GONNA WORK. NOTHING PERSONAL. WE'RE JUST GONNA PART WAYS AND, AND EACH OF US WILL GO A DIFFERENT DIRECTION ON THINGS. AND THAT'S JUST THE WAY IT WOULD WORK. YEAH. COULD WE MAKE IT A 60 DAY WINDOW AND TRY TO GET THIS THING? UM, I MEAN WE CAN TALK ABOUT THAT. I MEAN, IT'S A NON-BINDING LETTER OF INTENT. UM, I THINK THE, THE SECRET WHAT YOU'RE TALKING ABOUT IS HOW DO WE GET IT ON, UH, AGENDA. SO WE'RE ABLE TO KIND OF COME TOGETHER AS A GROUP ON WHAT THOSE MAJOR DEAL POINTS ARE BECAUSE IT IS A NON-BINDING LETTER OF INTENT. SO IF WE CAN'T STRUCTURE THE, THE LEASE, THE A PA OR, UM, NOT, IT'S NOT A PA, BUT THE, UH, THE LEASE, THE UH, THE MASTER AGREEMENT, WE JUST WALK AWAY. UM, BUT WE NEED TIME TO MAKE SURE WE DO THAT. 'CAUSE GETTING INTO SOME OF THOSE DETAILS, UH, WILL BE TOUGH. WE AS A COMMISSION WON'T GET INTO THOSE DETAILS. UM, THERE'LL BE A LOT OF, UH, WHERE'S KRISTEN? UM, BE A LOT OF, UH, THAT YEAH, THERE'LL, THERE'LL BE THE LEGAL PART OF IT ALL AND THEN THERE'LL BE KIND OF THE OPERATIONAL COMMITMENTS AND THOSE KIND OF THINGS. THAT'S RIGHT. AND SOME OF THAT OPERATIONAL PIECE WILL BE, UH, WITH GOVERNANCE AND HOW THAT GOVERNANCE IS, UH, IS SHARED. BUT UH, FOR US TO TRY AND GET IN AND NEGOTIATE, UM, THAT LEVEL OF SPECIFICITY IN A DEAL, I DON'T THINK WE WOULD EVER GET A DEAL DONE IF THAT IS THE WEALTH OF THE COMMISSION. SO YEAH, MY ASSUMPTION IS, IS IT WOULD BE MYSELF SOMEWHAT DAVE MAYBE, AND KRISTEN REPRESENTING THE CITY AND PAT SPENCER AND HIS FOLKS. AND AGAIN, IT, IT WILL, THERE'LL BE A LOT OF BACK AND FORTH AND SOME BRAINSTORMING AND OKAY, YOU GO AWAY AND THINK ABOUT IT AND WE'LL THINK ABOUT IT AND COME BACK TOGETHER AND THAT KIND OF BACK. SO IT WILL TAKE SOME TIME. YEAH. UH, WE CAN SAY A 90 DAY WINDOW. WE CAN CERTAINLY WORK TOWARDS GETTING IT DONE SOONER THAN THAT. DO WE HAVE YOUR NUMBER , I'VE MY FEDEX PACKAGES AROUND . THAT'S THE REAL QUESTION RIGHT THERE. THAT'S EXCELLENT. WHAT'S REALISTIC TO GET THIS, UM, UH, IN FRONT OF, UH, THE COMMISSION IN ON AGENDA FOR THE LETTER OF INTENT? MM-HMM. , I MEAN, UM, WE'VE GOT THE DRAFT LETTER OF INTENT. I MEAN WE COULD BRING THAT BACK FOR MORE OF YOUR OWN INTERNAL DISCUSSION AT YOUR NEXT BRIEFING AND THEN LOOK AT THE FIRST MEETING IN JUNE TO ACTUALLY HAVE IT ON THE VOTE. THE QUESTION IS, IS YOU WANT IT JUST TO BE ON YOUR NEXT AGENDA WITHOUT A LITTLE BIT MORE TIME FOR YOU ALL TO DISCUSS IT OR YOU WANT THAT DISCUSSION MEETING AND THEN HAVE IT ON THE NEXT AGENDA MEETING. I THINK THAT'S GREAT. WE PROBABLY NEED TO HAVE ANOTHER DISCUSSION AT ANOTHER INFO MEETING. DO YOU FEEL THAT WAY? THAT MAYBE YEAH, WE'LL THINK OF SOME THINGS WHEN WE WALK OUT TODAY THAT WE MAY YOU THINK IT WOULD BE APPROPRIATE TO HAVE THE DISCUSSION, UH, ABOUT THE NON-BINDING LETTER OF INTENT WITH THE IDEA THAT IT'S ON, UH, THAT VERY NEXT, THAT SAME AGENDA? YEAH, THAT'S THE QUESTION YOU WANT. SO YOU WANT IT ON THE NEXT AGENDA. SO YOU TALK ABOUT IT ON, AND AGAIN, IF IT'S ON THE AGENDA, YOU TALK ABOUT IT THURSDAY AND THERE'S JUST ENOUGH UNCERTAINTY THAT YOU'RE NOT READY FOR IT, DEFER. WE CAN UH, WE CAN DEFER IT FOR A COUPLE WEEKS. THAT'S FINE. YEAH. THAT KIND OF THING. WHAT, WHAT MEETING IS THAT? WHAT INFORMATIONAL MEETING IS THAT? IT WOULD BE THE, WELL WHAT'S TODAY? THE NINTH? IT'D BE THE 23RD ONE RIGHT AFTER MEMORIAL DAY, RIGHT? THE MEETING IS THE TUESDAY AFTER MEMORIAL DAY. IT'D BE THE THURSDAY BEFORE MEMORIAL DAY. IT WOULD BE THE 23RD. YEAH, I THINK WHAT'S HE GUESSING COMMISSIONER LITTLE WON'T BE AT THAT MEETING. I DON'T KNOW IF YOU'D BE AT THAT BRIEFING. I DON'T REMEMBER WHAT YOUR SCHEDULE IS. I PROBABLY WON'T BE AT THE BRIEFING. I MAY BE AT THE MEETING ON THE 28TH. I KNOW I WON'T BE HERE JUNE THE SIXTH. FOR THAT BRIEFING. FOR THAT BRIEFING. YEAH. I MEAN WE CAN DO THAT. WE CAN PUT IT ON GOOD. AND I DON'T KNOW THAT I'VE HEARD ANYTHING THAT GREATLY CHANGES WHAT'S IN THE DRAFT, BUT WE'LL JUST GO BACK AND TAKE A LOOK AT IT. UM, PUT IT ON THE AGENDA. YOU CAN DISCUSS AT THAT BRIEFING AND THEN IF YOU'RE READY TO GO THEN IT'S THERE. IF YOU'RE NOT, WE CAN PULL IT OFF THAT AGENDA. YEAH. COOL. VERY GOOD. THANK YOU ALL. THANK YOU SPENCER. THANKS FOR HAVING ME HERE. THANK YOU. UM, JUST REAL QUICK, I KNOW WE'RE RIGHT AT CLOSE TO 11. THE ONLY OTHER ITEM I WAS GONNA ASK Y'ALL IS, UH, THE DRAFT RFP FOR EXECUTIVE RECRUITMENT SERVICES. I'VE SENT YOU ALL SOME UPDATES FROM THE, UH, FEEDBACK I HAD. I'M JUST LOOKING TO SEE, AGAIN, THIS IS JUST GETTING PROPOSALS. IT'S NOT COMMITTING TO IT, BUT IT JUST GIVES YOU ALL, HOPEFULLY GETS YOU INFORMATION TO GIVE YOU WHAT, WHAT ARE THE OPTIONS TO GO WITH A FIRM, DON'T GO WITH A FIRM. UH, BUT SINCE NONE OF YOU ALL HAVE DONE THIS BEFORE, I THINK IT'S IMPORTANT THAT YOU LEARN WHAT A FIRM OFFERS AND THEN YOU CAN DECIDE FROM THERE. SO THIS JUST ALLOWS US [01:50:01] TO ISSUE THAT RFP TO GET THOSE PROPOSALS BACK FOR YOUR CONSIDERATION. SO I GOT FEEDBACK FROM SEVERAL COMMISSIONERS. I THINK I INCORPORATED WHAT'S IN THERE. SO I'M JUST LOOKING FOR AT LEAST A MAJORITY OF YOU TO SAY TO GO AHEAD. AMEN. YEP. THANK YOU FOR YOUR WORK ON THAT. OKAY. AND I, AGAIN, UPDATED SCHEDULE, THIS WOULD HAVE THEM GETTING THEM BACK TO YOU ON MAY 30TH. AND CONCEIVABLY, WHAT I WOULD ENVISION IS YOU ALL WOULD STAFF WILL DO A QUICK REVIEW OF THEM. SAY, HERE'S WE THINK THE TOP TWO OR THREE, GO FOR IT, REVIEW IT WITH YOU, INVITE ONE OF THEM IN TO PRESENT TO YOU AS FAR AS WHAT THEY OFFER. WE CAN FIGURE THAT OUT. BUT THAT WOULD BE THE NEXT STEP. BUT WE NEED KIND OF JUST KEEP THAT MOVING. Y'ALL APPRECIATE YOUR TIME OVER THE LAST COUPLE DAYS TO MEET WITH TTAS ON THAT. HOPEFULLY YOU FELT LIKE THAT WAS WORTH YOUR TIME. AND THEN WE'LL GET, GET THEIR REPORT BACK. RELATIVE TO THE, AND AGAIN, AS I THINK Y'ALL KNOW, THEY MET WITH EVERY DEPARTMENT HEAD OVER COURSE OF THE LAST TWO DAYS. I WAS ASKING, DID YOU ALL NOTICE THAT THEY ASKED THIS SAME QUESTION MULTIPLE WAYS? I THOUGHT THEY WERE VERY GOOD AT WHAT THEY DID, ZEROING IN ON SOME QUALITIES. OKAY, WELL WE'LL GET THIS ISSUED, GET 'EM BACK. AND AGAIN, IT'S JUST ANOTHER TOOL FOR Y'ALL TO CONSIDER. ANYTHING ELSE ON THE VANDERBILT BUILDING? NO, I MEAN OTHER THAN, UM, WHAT THEY PUT OUT, AGAIN, THEY'RE, IT'S GONNA BE A LONG-TERM LEASE. THEY'RE NOT GOING TO BUY IT, WHICH FROM A TAX-BASED STANDPOINT IS GOOD BECAUSE I DON'T KNOW EXACTLY THE TAX LAW, BUT IF THEY BOUGHT IT, THERE'S THE POTENTIAL THAT IT WOULD'VE COME OFF THE TAX ROLL. SO LEASING IT DOESN'T DO THAT. UM, THEIR INTENT THAT THEY TOLD US WAS TO USE THE BUILDING AS IT IS ON THE OUTSIDE, OBVIOUSLY RENOVATE COMPLETELY THE INSIDE. SO, UM, TO THE EXTENT THAT'S ALL THEY DO, AND DON'T EVEN MODIFY ANY PARKING LAYOUT. IT CONCEIVABLY, THE ONLY THING THEY GET FROM US IS A BUILDING PERMIT BASED ON OUR, IT DOESN'T EVEN GO TO THE PLANNING COMMISSION. I'VE NEVER BEEN BEHIND THE BUILDING. I'VE NEVER THE PARKING BASED ON UM, HOW IT WAS PREVIOUSLY USED VERSUS GOING FORWARD, I WOULD THINK THERE'S GONNA BE A LOT MORE COMING AND GOING. IS THERE PARKING ADEQUATE, ADEQUATE? THERE'S A SIGNIFICANT NUMBER. THERE'S SEVERAL HUNDRED PARKING SPACES. THERE USED TO BE A LOT OF COMING AND GOING 'CAUSE WE HAVE A LOT OF CUSTOMERS. WELL, SO WE'LL HAVE TO LOOK AT. BUT I BELIEVE, I MEAN, THAT WOULD BE THE NORMAL PART OF A BUILDING PERMIT CONFIRMING THE AVAILABLE AND IF THEY HAD TO ADD PARKING, THERE'S PLENTY OF LAND TO DO THAT. BUT THAT WOULD THEN KICK IT INTO THE PLANNING COMMISSION. OF COURSE. I, I THINK A WILSON PIKE CIRCLE WHAT, WHAT, I MEAN WE HAVE TO IMPROVE THAT BECAUSE IT'S GONNA PUT A LOT MORE TRAFFIC ON THAT. WELL THERE WOULD BE NO ACCESS FROM WILSON PIKE CIRCLE. WELL, NO. EVEN IF THEY CAME OUTTA THE BUILDING THOUGH, TO GO BACK UP THAT WAY, I COULD SEE PEOPLE, I JUST THINK WE NEED TO THINK ABOUT WHAT OUR COSTS ARE GONNA BE IN THIS THING. ANTICIPATE NOW, YOU KNOW, I WOULD THINK MOST OF YOUR TRAFFIC IS OLD HICKORY FRANKLIN ROAD CONCORD KIND OF ROUTES IN AND OUT OF THERE. I DON'T KNOW. IT'S JUST AN MOBI MEAN THEY'RE NOT GONNA DO A CERTIFICATE OF NEED OR ANYTHING. NO, THERE'S NO BEDS AND OVERNIGHT STUFF. IT'S JUST ME. YEAH. 'CAUSE A HOSPITAL IS NOT ALLOWED IN THE ZONING MEDICAL OFFICE IS, I'M MORE WORRIED ABOUT LIKE MEADOW LAKE TRAFFIC. YEAH. I'M WORRIED ABOUT TRAFFIC PEOPLE, SO MANY PEOPLE COMING IN FOR APPOINTMENTS, ELDERLY PEOPLE TRYING TO TURN LEFT. UM, THAT IS CONCERNING ME. SO KIRK AND I HAVE SPOKEN ABOUT THAT AND THERE'S A CHANCE TO MAYBE DO SOME THINGS TO SOLVE THAT LONG TERM IF THAT NEEDS TO HAPPEN. WELL, I DON'T THINK WE CAN FORCE 'EM TO CHANGE ANYTHING 'CAUSE IT'S AN EXISTING COMPLIANT BUILDING. WE INCREDIBLY LUCKY THAT THEY'RE, BUT IDEALLY IN A PERFECT WORLD, IF THEY START LOOKING AT AND WANNA BUILD A COUPLE OF OFFICE BUILDINGS, IF THEY START LOOKING AT SITE CHANGES AND, AND WHATEVER, AND ACCESS POINTS, THEN I THINK FROM OUR STANDPOINT, WE WOULD TRY TO TALK TO THEM ABOUT REALIGNING THE ACCESS DRIVE WITH MEADOW LAKE. RIGHT. AND THE POTENTIAL TO SIGNALIZE THAT AT SOME POINT, UH, THEY'RE GONNA WANT TO RESKIN THE OUTSIDE OF THE BUILDING. THERE WILL BE SOME ELEVATION CHANGES. YEAH, THEY HAVE, THAT'S RIGHT. NOW THEY'RE NOT TALKING ABOUT IT, BUT WHO KNOWS? AND THEY DON'T HAVE A, THEY DON'T KNOW FOR SURE WHAT USES WHAT, WHAT MEDICAL OFFICES WOULD BE IN THERE. AND THEY'VE INDICATED THEY EXPECT IT COULD BE AS MUCH AS 10 YEARS BEFORE THERE'S A FULL BUILD OUT OF THE INTERNAL SPACE IN THERE. BUT THAT AND HOW, HOW LONG IS THE LEASE? I, I, THEY DIDN'T TELL US THAT. DIDN'T, THEY SAID A LONG TERM LEASE. OKAY. AND FOR WHAT, WHAT THEY'RE GONNA INVEST IN IT. I'M SURE IT'S AT LEAST A 30 YEAR LEASE OR SOMETHING LIKE THAT. OKAY. THAT BUILDING THEY SAID IS ABOUT TWO THIRDS OF THE SIZE OF THEIR A HUNDRED OAK SPACE. JUST TO GIVE YOU A PERSPECTIVE. HUNDRED. TWO THIRDS OF THE SQUARE FOOTAGE OF THE HUNDRED. WELL, I HOPE THAT THEY WON'T HAVE ANY PARKING OUT FRONT. WE'VE GOTTEN SO SPOILED WITH THAT PRETTY GREEN SPACE OUT THERE. WELL, AND THE, AGAIN, THE FRONT OF THAT'S TWO OR 300 FEET OF THE FRONT OF THAT IS AN AR ZONE SWAT. SO THEY UNDERSTAND THAT. OKAY. GOOD. GOOD. UM, BUT RIGHT NOW THEIR INTENTION OF THAT, AS THEY TOLD US, IS TO NOT DO ANYTHING AT DIFFERENT ON THE EXTERIOR OTHER THAN SIGNAGE. GOOD. SO THANK YOU. OKAY. THANK YOU. ALL DELAYS GONNA GET BUSIER. TO THE PICNIC. * This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting.