Call this meeting to order.

Amy, will you do a roll call, please?

Alan Kinland.

Yes.

Brett Johnson.

Present.

Raymond Mondragon.

Jason Gonzalez.

Here.

Tyler Lucas.

Present.

Debbie Spriggs.

Here.

Paul Cordova.

Bryce Jimenez.

Do we have a quorum?

Um if you had if you had a chance to read the minutes, I will take a motion to approve.

Motion to approve the minutes.

All in favor say aye.

I was happy to explain.

Update on CED projects.

Tina.

Members of the board.

So I'm going to give a quick update first on CED.

This is our a mid meeting.

It's a special meeting, so normally our updates are every three months, but I'm happy to provide what's occurred since our last meeting.

The Industrial Park, we still have our one green energy company we're working with.

There's been no recent updates, so we don't have a timeline for that yet.

But I did have a call with Project Bite and our state economic development reps were on that call as well.

And they think this is the year they're going to be able to move forward.

So we've got another call scheduled in April, and we're hoping to have a hard timeline after that meeting.

For retail, I don't have a lot of retail update.

I know we have retail strategies working on things, so maybe the next meeting there will be a retail update there.

On the business incubator, we held an advisory board meeting on December 16th and have been meeting with mentors and trainers as we finalize our program, and we'll be kicking that off very soon.

But until the regular programming starts, we've had a project we've been working on called Switch Our Accelerator in conjunction with Clovis Main Street and Sutton's Bakery.

And so we are on our final participant.

We had it's actually been five companies, our five different uh food entrepreneurs coming in to run their business out of the Sutton's Bakery.

And so the third one started this week.

It's Chai Town Pizza King.

He makes original deep dish style pizza on his very first day.

He sold out, I think by noon.

And so it's been incredible.

This has been a really popular program.

We've watched these businesses grow.

We know that there's already a lease in place for the building when this is over, which is one of the things we want to do is fill vacancies on Main Street.

And then Lisa Spear and I will be attending an event for the New Mexico Main Street in Albuquerque to set on a panel and talk about these community partnerships and how working together is helping Main Street projects.

So CED is also still planning to fund high school pitch competition for Clovis High School, but they have a new teacher, so I don't know if it's actually going to kick off this year that class.

If it does, we've got the money set aside for them for uh prizes.

If not, we will wait until next year until they're ready.

Clovis Sound Studio, we're getting very close.

I don't know if y'all have been down there recently and Justin Smiles.

We've got I know there's an update call scheduled for this week.

Um, and hopefully we'll have uh more information on where we're at with the contractors on the call.

I know we have to have the money expended by the end of June, correct?

So we are in the final stages of that.

It's looking really great, and it's gonna be really exciting.

Um so some of the events since we last chat, uh CED co-hosted the legislative breakfast with the chamber, Epcog, and CCC, um, attended the Clovis Britalis legislative dinner in Santa Fe, participated in the amazing shake at Rain Tree, which was something I hadn't done before, and I'm telling you, our our young people are are really amazing, and they're making some great strides in their confidence and interview skills and being able to carry conversations, and it's exactly what I hear when I talk to employers and you know what our young people need to improve on, and so I'm really glad that Clovis Schools has that program.

Um but that was a great thing.

If you've never volunteered for that, I recommend volunteering for that next year.

Attended all three New Mexico Racing Commission meetings.

I think the first one was in October where Sunray Park and Casino was seeking to transfer their license, and then yesterday we had um the final decision, which has been granted, so it's a great day for Clovis.

I think we're gonna see some really good things because of that.

And then last week attended MDNM in Anaheim.

It's one of North America's largest trade shows for medical and advanced manufacturing.

This was one of the trade shows that was recommended to us by Site Location Partnership, who CED signed a contract with to help us recruit manufacturing.

There was only one other organization I saw from New Mexico there, and that was Mesia Valley Economic Development.

Um, you know, they're promoting the border plux.

So I'm really happy I was able to attend.

I haven't been able to even have the time yet to go through the breakdown with um SLP, but we're gonna do that soon.

And then there will be additional uh manufacturing trade shows that they invite us to um over the year, and then they're planning to make 12 introductions for me in two markets.

Um they always suggest, you know, the largest city in the state you live, so that's gonna be Albuquerque, and then so we're gonna do part of them in Albuquerque with commercial realtors there, and then we're going to do part of them uh in Dallas.

And so we've got those spread out a little bit over the summer and early fall, so I'll give you updates as those happen.

Um PROs, we had five PROs since mid-December.

Um, you know, we get those from the New Mexico Partnership seeking land or buildings.

Um, the requirements on these, a lot of them we don't meet when they do, I submit for it.

But some of these ones were looking for large existing buildings like 250, 300,000 square feet.

One needed direct access or ac airport with direct access to the Bay Area.

Um one wanted to be close proximity to Sandy National Lab, so we had one who wanted to be in the northeast section of New Mexico.

So a lot of times when you see these, they are uh end up along the I-25 corridor if they end up coming to New Mexico.

But the stats that the New Mexico partnership put out is out of all these requests that we get, 50% of them don't ever go any anywhere in any state.

Um so they're all a lot of them very early in the in the process.

Um of the meetings I well, one of the meetings I wanted to point out, I think it was last week, attended the region I CTE meeting in Fort Sumner for the College and Career Readiness Bureau under the public education department.

We're able to vote on what the priorities uh are for this uh cycle, and they turned out to be the same based on all the votes as the previous cycle, which is a focus on agriculture, construction, and health care and human services for this whole region.

So that was a really good meeting to attend.

We have all of our regular meetings still ongoing with the business incubator or Salesforce expansion.

Um I attend all the chamber committees and you know, safe and affordable housing, retail, medical availability, Clovis Music Festival, Committee of 50 and CAT.

Um on other things, we've launched our new website.

We're still doing a a few updates to it, but you know, used to the what we had before was just a page for CED on the chambers website.

And so now we have a completely different website.

It's the same domain.

So if you go to Clovis EDC.com or develop Clovis.com, it will take you to our new website and we are um going through it now and fine-tuning some things, making sure everything's updated, but uh very proud to have our own standalone website.

Um coming up on Friday, I'm attending an in-person training in Albuquerque for the New Mexico Partnership Board with Scott Odom.

So the partnership is the one that sends out these PROs.

They are the manufacturing recruiting arm for state economic development.

And so Scott Odom and I were recommended to represent all of Region 6 on the board, and we're recently approved, and so Region 6 makes up eight counties.

So it was really an honor to get chosen two people from Clovis to be able to set on that board.

Um let's see what else.

Well and I already told you about the Main Street conference coming up in Albuquerque.

And with that, I will stand for questions.

Any any questions?

I I have one.

Any did Bulldog Pipe are they still hanging out out there?

Yes, so that is Project Bite that I mentioned earlier.

And so we did have a meeting with them, and we're meeting with them again in April, and they're hoping that they can give us a timeline in April.

They want 2026 to be the year they get to move forward.

Cool.

Do we can we have access to the name of the company that's doing the green energy project in the is that public information or no?

I mean, I don't know if I can share that publicly.

I don't think I can share it publicly.

Okay.

No, I until they until it's been announced, I can't share.

It it's a global company, though, they're in multiple countries.

Okay.

And I'm happy on a one-on-one visit to provide some more details on that individually.

Okay.

And thank you for all the work you did on the Racino.

Yeah, no, th it's great.

I'm excited to see what happens here in Clovis.

Um I think it's gonna we're gonna see a lot of revenue come in that we're gonna get to use on quality of life projects.

And so I think the residents of Clovis and Curry County are gonna be very pleased with what they see coming in.

Justin, would there be an opportunity for to coordinate this group with with Paul as he comes in and and does things with that?

I mean uh I don't know what that looks like, but yeah, I mean there may be an opportunity, obviously the city of Cloves.

We haven't led this process by any means.

And so um I'm uh assuming Tina has probably has more contact with him than I have.

And so which I'm not sure.

Uh and so I I think it's something that uh he had previously mentioned uh once this process is over uh coming down and uh kind of having an introduction, and so I I think definitely think it's something we could reach out to him and and request.

I mean, silly question, but is he gonna be eligible for lead of money on a project that site?

And it's not it's not eligible.

Okay.

I mean, because from a retail standpoint, hotels aren't obviously available or eligible, uh, restaurants aren't eligible.

Uh it's not manufacturing or industry and it's not retail.

So that it and I think this is a good teaching moment for those people that ask you about it because I've heard some people say that city money should but not be used for this.

There is no public money going towards this.

It's all private privately funded.

Sure.

And so uh we did talk to him yesterday, he does want to come out and have a celebration of some type that we'll work on putting together.

Um but this is all being led by him because it's a private investor.

Okay.

Justin, what's the talk on annexation?

How much are the county thinking about or the city thinking about annexing, or is that have you talked about that at all?

Yeah, so the annexation process is actually driven by the developer.

And so it's an application process.

The City of Clovis uh to my knowledge has only done one boundary annexation in the past.

Uh and that's where the the municipality would go out and annex a bunch of property.

Other than that, all the new subdivisions that have come in have been driven by the developers and they actually apply and request annexation.

Uh and so it's my understanding on this process too that he would request annexation into the city, which then would go through our planning and zoning commission then on its way up to the city commission.

But uh from what we've looked at and from the proposed site itself, uh obviously out there east of uh Western equipment, and so we would have to go out, it has to be contiguous to the boundary of the municipality.

And so there is a couple of smaller properties in there that we would probably have to annex as well as part of the process.

Uh that's just a pro we'll work through it with them.

Okay.

And in order to have city services, you know, we're gonna have to to to it would be have to be annexed in, so we anticipate that he would make that application.

Interesting.

Okay.

Um business uh discussion and recommendation on retail leader application for shoe department encore.

Yes, thank you.

I have Leanne here with me from the mall.

Um, you know, we've done two others of these.

We've done Marshall's and we've done Ulta.

This one was a little bit different because it wasn't a new store coming in, it was an expansion of a store that was already in the mall.

And so they doubled their space by going into that last section of the Dillard's store.

And they are projecting to double their income.

So I will read you the summary that I sent.

Um shoe department Encore is a store format under the larger Shoe Show Incorporated corporate umbrella, a U.S.

footwear and accessories retailer.

It operates several store brands, including Shoe Department, Shoe Department Encore, Shoe Show, Burlington Shoes, and Show Shoe Show Mega.

The expansion of the current shoe department to a shoe department Encore will make it make Clovis its ninth location in New Mexico.

The store specializes in men and women's shoes and other accessories.

The Clovis store projects a $1 million increase in annual sales, doubling its current volume.

Shoe department Encore will be meeting 38% of the shoe store gap, reducing leakage, dilubic and amarillo.

Applicant scoring criteria of 82 more than exceeds the minimum of 50 required for consideration.

Now the construction costs did change.

Leanne informed me this morning that it's actually 11,000 higher than what we had in here because she's just finished up gathering all of those costs.

And so instead of 1,359,132.40, it changes to 1,370,904 and 56 cents.

And since up to 50 percent of that could be in re could be reimbursed, um, the shoe department would be looking to uh get back six hundred to eighty-five thousand four hundred and fifty-two dollars and twenty-eight cents of their GRT reimbursed.

Now, according to our calculations, it would take them twenty-seven point two years to recover all of that up to that 50 percent of their investment.

But we can only do a 10-year maximum.

Um but if they do over the 1 million, they're currently doing about a million dollars.

If they double that or triple that, um they could lower that timeline of 27.2 years, and there's um a chance that they could actually get more of that money back, but that's just using some projections.

But they can go up to 10 years on that.

And so CED recommends the maximum of a two and a half reimbursement of taxable gross receipts for the maximum period of ten years.

And I will stand for questions and Leanne is here for questions also.

Sam's on the phone.

Oh, and we have Sam on the line as well.

Welcome, Sam.

Oh, he's not on the line.

Okay.

Sam's not on the line.

I know he was going to try.

Oh, there he is.

Oh, okay.

Thank you.

Thank you, Sam.

Hi, everybody.

Do we have questions?

No, I'm good.

I'm I'm listening in here.

Okay, thank you, Sam.

Thanks.

In the application, it says uh resident residents to be hired approximately 10.

Is that 10 more than was in the old?

I will let Leanne answer the questions on the staffing.

Um, but just to say that uh on retail, even though we have the employees in here, it's not a consideration in the reimbursement, but we do put it in here so you have the information.

And it's just a guesstimate on our um we are retaining all the current staff, and then they've more than doubled what they've already hired.

Um, maybe get the store open, but then the sales will see what goes on.

Any any other questions?

Uh yeah.

Under part G, uh 2G.

It says two 10 new jobs, 10% of them would be from Curry County.

That's supposed to be 100%.

Right here, Leanne.

Oh, that's a total number of new jobs.

Is that what one you're asking?

Well, then part two says percentage of them being from Curry County says 10.

Oh, 10 percent.

That should be 100 percent, sorry.

Yeah.

Good catch.

And then just a point of clarification for for us on the application.

When we say transferring employees, does that mean relocating, in theory relocating to Clovis, or is that in this situation, transferring from the current business entity to the to the new one?

The current store staff.

Okay.

So on what part is this?

Under I mean it it doesn't really matter, but it says transferring employees zero.

Um I think if it for zero, that would be none transferring in from another store.

From an older location.

They're just moving from their previous location into the mall from inside the mall to the new location in the dealard's spot.

Anyone else have any questions?

Is that it?

I was just gonna add we got our occupancy on Friday, and they have already closed the old store and they're moving to the new one, and they're opening Friday this week.

Oh nice.

Okay, I'll take a motion to approve.

Move to approve.

Second.

Motion to approve and a second.

All in favor say aye.

Aye.

All opposed, same sign.

Okay.

Passes.

Thank you, Leanne.

Thank you all.

Um so for the good of the order, anybody and Mr.

Chairman, just to let you know we'll have this on the next City Commission meeting uh on February the 26th, I believe it is, uh, since we have a commission meeting this week uh for final approval by the commission.

Okay.

Um I got a question on the vacancy.

Leo Lovett has moved out of district.

That is correct.

And so uh we've advertised uh Mr.

Lovett's position.

Uh and so we have an applicant, uh Miss Kathy Elliott has been the only applicant that has applied, and that is going to the City Commission this week uh for approval to fill that vacancy.

Okay.

All right.

Anyone else have anything for the good of the order?

Mr.

Chairman, we'll send you out uh dates of the next regularly scheduled uh quarterly meeting.

Okay.

All right.

Well, thank you, everyone.

I'll take a motion to adjourn.

So moved.

Second.

Motion and a second.

All in favor say aye.

Nice.

All right.

Thanks, guys.