Alright, good afternoon, everybody.

It's four o'clock.

I'm gonna call today's Finance Administration Council Committee meeting to order.

Um we do have a long agenda and there's an MAPC meeting at 530.

So we're gonna try to go through this as quickly as we can, but make sure we allow enough time for discussion where needed.

So please go ahead and record your attendance.

Next up is approval of minutes from the finance committee meeting on Tuesday, November 25th.

Move to approve, listeners noted change.

Second.

Any questions or comments on the minutes as presented?

If not, please record your vote on whether or not to approve.

All right, we're gonna move into new business.

Um a lot of these are municipal lien resolutions, so I'm just gonna read those by title only.

Um first step is resolution 25171.

Resolution by the city council of City of Jonesburg, Arkansas to place the municipal lien on property located at 405 North Rogers, parcel 01-144, 172-09200 on by Sky Park Holdings LLC in the amount of 315 dollars.

Move forward to full council.

Second.

Motion in the second floor to full council.

Any questions or comments from anybody in council chambers on this one?

Seeing nine, please record your vote on whether or not to forward a full council.

Resolution 25172.

Resolution by the city council of City of Jonesburg, Arkansas to place municipal lien on property located at 212 Pacan, Parcel 01-144-074-08400, owned by Sky Park Holdings LLC in the amount of $315.

Move forward to full council, second.

Motion statement forward to full council.

Any questions or comments on this item from anybody?

Seeing none, please record your vote on whether or not to forward the full council.

All right, resolution 25173.

Resolution by the city council of the city of Jonesville, Arkansas, to place municipal land on property located at 215.

Pacon parcel 01-144-074-16800 owned by Sky Park Holdings LLC in the amount of $315.

Move forward to full council.

Second.

Motion statement forward to full council.

Any questions or comments on this item?

See none, please record your vote on whether or not to forward the full council.

All right, 25 resolution 25174.

Resolution by the city council of the city of Jonesburg, Arkansas, to place municipal land on property located at 823 Part View, parcel 01-143-251-00300, owned by Kyle Michael Haney in the amount of 275 dollars.

Move forward to full council.

Second.

Motion second forward to full council.

Any questions or comments on this item?

Please record your vote on whether or not to forward the full council.

Resolution 25175, resolution by the city council of City of Jonesburg, Arkansas.

Parcel 01-143-243-04700.

Owned by Regions Bank, DBA Regions Mortgage and the amount of $315.

Move forward to full council.

Second.

Please record your vote on whether or not to forward the full council.

Resolution 25-176.

Resolution by the city council of the city of Jonesburg, Arkansas.

Move forward to full council.

Second.

Motion stated forward to full council.

Any questions or comments on this item?

If not, please record your vote on whether or not to forward a full council.

Resolution 25-177.

Resolution by the city council with City of Jonesburg, Arkansas to place municipal lien on property located at 314 North Rogers, Parcel 01-144-172-10400 owned by Kingdom Assets LLC, the amount of 275 dollars.

Move forward to full council.

Second.

If not, please record your vote on whether or not to forward a full council.

I sound like a broken record.

All right.

Next item is resolution 25178.

I will entertain y'all by reading this one in its entirety.

Um resolution by Jonesboro City Council to enter into a contract with Southern States Fire LLC to purchase two Rosenbauer fire apparatuses for a city of Jonesboro Fire Department administration has performed comparative pricing and secured the commitment for a reasonable delivery timeline to facilitate the replacement of a 2005 model 100 foot aerial ladder truck in a 2011 model pumper truck within the department.

Um resolution by the Jonesboro City Council to enter into a contract with Southern States Fire LLC to purchase two Rosenbauer fire apparatuses for a city of Jonesboro Fire Department administration has performed comparative pricing and secured the commitment for a reasonable delivery timeline to facilitate the replacement of a 2005 model 100 foot aerial ladder truck in a 2011 model pumper truck within the department and whereas the purchase price of the aero truck will be 1,558, 852 dollars and the pumper truck will be 860,915 for a total cost of 2,419, 767 dollars, and whereas upon delivery of the new units, the replacement unit the replace should it be the replace units will be sold with the assistance of a listing agent if necessary and the resulting sale proceeds being returned to the depreciation fund and whereas the initial apparatus pricing estimate detailed in the FY2025 budget has since been reviewed by fire administration.

Extensive brand and supplier comparisons have resulted in the identification of a similar unit from a different manufacturer at a significant price savings, and whereas the city appropriated 625,000 in the 2024 appreciation fund to fund the anticipated future purchase and whereas an additional $625,000 funding will be appropriated in the 2025 depreciation fund, and whereas Citywater Knight has committed to a two-year funding program that includes an annual contribution of $600,000 towards the purchase of these fire trucks.

Now therefore be resolved by City Council of the City of Jones World, City of Jonesville that section one, the city of Jonesville will enter to a purchasing contract with Southern States Fire LLC for two power apparatus vehicles as described about and in the attached contracts.

Section two that Mayor Harold Copenhaver and City Clerk April Leggett are authorized to execute the necessary documents that factuate these contributions.

Move forward to full council.

Second.

Motion second forward to full council.

Any questions or comments on these on this resolution?

Anything from the public or staff in attendance?

If not, please record your vote on whether or not to forward the full council.

All right.

Back to the municipal liens.

Resolution 25179.

Resolution by the city council of the city of Jonesboro, Arkansas.

Place municipal lien on property located at 2410 West Matthews, parcel 01-143-143-01900, owned by Hannah George Senior in the amount of 290 dollars.

Move forward to full council.

Second.

Motion second forward to full council.

Any questions or comments regarding this item?

If not, please record your vote on whether or not to forward the full council.

Resolution 25180.

Resolution by the city council of the city of Jonesville, Arkansas.

West Matthews, parcels 01-143, 143-02500, on by Hannah George Senior in the amount of 290 dollars.

Move forward to full council.

Second.

Resolution 25181.

Resolution by the City Council of City of Jonesville, Arkansas.

Parcel 01-143-231-09800 on by Unicorn Investments LLC in the amount of $275.

Move forward to full council.

Second.

Please record your vote on whether or not to forward a full council.

Resolution 25-182.

Resolution by the city council of City of Jonesville, Arkansas, to place municipal lien on property located at 1312 Roseman.

Parcel 01-143-243-08500 owned by Smith Brothers Properties LLC in the amount of $275.

Move forward to full council.

Second.

Most thing forward to full council.

Any questions or comments on this resolution?

Right.

Please record your vote on whether or not to forward the full council.

Resolution 25183.

Resolution by the City Council of City of Jonesville, Arkansas, to place municipal lien on property located at 910 Markham, parcel 01-143-251-04100, owned by Wilda Seats in the amount of 275 dollars.

Move forward to full council.

Second.

Any question or comments on this item?

All right.

Please record your vote on whether or not to forward the full council.

Resolution 25184.

Resolution by the city council of City of Jonesville, Arkansas.

Parcel 01-144-191-17500 on by Joyce Scarborough in the amount of 275 dollars.

Move forward to full council.

Second.

Motion second forward to full council.

Any questions or comments on this one?

Please record your vote on whether or not to forward the full council.

Resolution 25185.

Resolution by the city council of the city of Jonesboro, Arkansas.

Mount Carmel Road.

Parcel 01-133-013-01500.

Owned by Catherine Arterberry, the amount of $365.

Move forward to full council.

Second.

If not, please record your vote on whether or not to forward a full council.

Resolution 25-186.

Resolution by the city council, City of Jonesboro, Arkansas.

A parcel 01-144-082-00210.

Owned by Marticule LLC in the amount of 275 dollars.

Move forward to full council.

Second.

Motion second to forward full council.

Um the only thing I want to say on this one is that resolution 25186 and 25187 are related.

That's why the next ones for a smaller amount, but any other comments or questions on this one.

If not, please record your vote on whether or not to forward a full council.

Resolution 25187.

Parcel 01-144-082-00200 on by Marticule LLC in the amount of $60.

Move forward to full council.

Second.

Any questions or comments on this one?

Please record your vote on whether or not to forward the full council.

We're getting there.

Resolution 25-188.

Resolution by City Council of City of Jonesboro, Arkansas, to place municipal lien on property located at 2106 cotton, parcel 01-144-271-02700.

Own by Mill Call Rowland in the amount of 275 dollars.

Move forward to full council.

Second.

If not, please record your vote on whether or not to forward a full council.

Resolution 25 189.

Resolution by the city council of City of Jonesville, Arkansas.

Owned by Linda Lou Lambert, the amount of 275 dollars.

Move forward to full council.

Second.

Motion second to forward to full council.

Any questions or comments on this item?

Seeing none, please record your vote on whether or not to forward a full council.

Resolution 25190.

Resolution by the city council of City of Jonesboro, Arkansas, place municipal lien on property located at 700 Melody.

Parcel 01-143-244-27500 owned by Ignacio and Emily Patino in the amount of 275 dollars.

Move forward full counsel.

Second.

Motion second forward to full council.

Any questions or comments on this item?

If not, please record your vote on whether or not to forward the full council.

All right, resolution 25191.

Resolution by the city council of the city of Jonesville, Arkansas.

Place municipal lien on property located at 5321 Brody Drive.

Parcel 01-144-114-3900 owned by AVHS Arkansas or AR LLC in the amount of 275 dollars.

Move forward to full council.

Second.

Motion is second forward to full council.

Any questions or comments on this item?

All right.

If not, please record your vote on whether or not to forward a full council.

Resolution 25192.

Resolution by the city council of City of Jonesville, Arkansas, place municipal lien on property located at 5112.

Richardson, partial 01-134, 033-01900, on by Ashley Michelle Vanguardia in the amount of 315.

Move forward to full council.

Second.

If not, please record your vote on whether or not to forward a full council.

Alright.

Resolution 25193.

Resolution by City Council of City of Jonesboro, Arkansas.

Owned by ESB properties, LLC in the amount of 275 dollars.

Move forward to full council.

Second.

Motion second forward to full council.

Any questions or comments on this item?

I'll make one comment.

I'll just say Director Roper, great job, and good job code enforcement.

Y'all have definitely been hard at work and thank you for keeping the city beautiful.

Took the word out of my mouth.

Any other comments on this one?

All right.

If not, please record your vote on whether or not to afford to full council.

And y'all would be happy to know that's the last municipal lien.

All right.

Now on to resolution 25194, uh resolution by the city council of the city of Jonesboro, Arkansas, to enter into an agreement with Pickering to provide professional services for prospect road multi-use trail.

Whereas the City of Jonesboro desires to enter into an agreement to provide professional services for the prospect road multi-use trail project, whereas the selection committee has determined that Pickering is the most qualified firm for the project, whereas Pickering has agreed to provide professional services for the prospect road multi-use trail project as described in the attached agreement.

And whereas the funding for the execution of the agreement shall come from the capital improvement revenue bonds budget and compensation shall be paid in accordance with the agreement.

Therefore, be it resolved by the city council of the city of Jonesboro, Arkansas, that section one, the city of Jonesboro shall enter into an agreement with Pickering to provide professional services for the prospect road multi-use trail project.

Section two, the funding for the execution of the agreement shall come from the capital improvement revenue bonds budget and compensation shall be paid in accordance with the agreement.

Section three, the mayor and city clerk are hereby authorized by the city council for the city of Jonesboro to execute all documents necessary to effectuate the agreement.

Move forward to full council, second.

Anything from staff or the public in attendance.

If not, please record your vote on whether or not to forward resolution 25194 to full council.

All right, resolution 25195.

Resolution by City, let me get a drink.

Resolution by the Jonesboro City Council to accept an in-kind land donation of two acres plus or minus of land valued at $876,000 and authorizing the mayor to enter into an agreement with Blazor Land Holdings LLC.

Whereas Blazor Land Holdings LLC wishes to donate approximately two acres of land to the City of Jonesboro, Arkansas, and the City of Jonesboro wishes to accept that said donation of property, a copy of the warranty deed, appraisal summary, land donation agreement, and survey map are attached here too.

And whereas a property located at or near 6106 Southwest Drive is positioned along a major highway in one of the highest intensity growth areas of the city and would preserve the land for future public safety needs in the area.

And whereas it is the intent of the city to pursue funding to utilize the property for a public safety benefit in the future as detailed in the warranty deed as quote the aforementioned property shall not be used for any purpose other than fire, police, or public safety, close quotes.

And whereas the donating property has identified the intended qualifying uses if developed to include but not strictly limited to a fire station short-term severe weather or disaster emergency shelter, police substation, or similar public safety benefit facility, and whereas no portion of the agreement warranty deed or offering documents exempt adjacent property from general development codes or a guarantee of development by the city, only that any development of the property other than demolition or maintenance be of a public safety benefit.

Whereas if the property is not in funded process of creating a public safety benefit within seven years, the property would return to Blazor Holdings LLC, where it's assigned representative unless additional legislation between the City of Jonesboro and Blazor Holdings LLC alters the original contract represented in this resolution.

Now therefore be it resolved by the city council for the city of Jonesboro, Arkansas that section one, the city of Jonesboro accepts the in-kind land donation of approximately two acres from Blazor Land Holdings LLC.

Section two, the City of Jonesboro will abide by the warranty deed, guaranteed wishes of the donating party that any development of the property be of a public safety benefit as detailed in the above resolution and attached warranty deed.

Section three, the mayor Harold Copenhaver and City Clerk April Leggett are hereby authorized by the City Council for the City of Jonesboro to execute all documents necessary to factuate this agreement.

The mayor and city clerk are hereby authorized with executing of any and all documents reasonably necessary to acknowledge the donation of Blazor landholdings LLC with taxing authorities including but not limited to the Internal Revenue Service.

Move forward to full council.

Second.

Motion second forward to full council.

Any questions or comments regarding this item?

Mr.

Couple of questions.

Brian, maybe you can speak for the administration.

The plans for this area.

Which one or both or so you know conversations with the the dones and and also as we kind of look at the growth patterns that have been out in Southwest Jonesboro for quite some time now?

What we're gonna do if this is accepted is um pursue funding for probably it most immediately some sort of you know, tornado shelter, severe weather shelter.

Um we've looked at some options and actually even talked um with some of our federal delegation about what that funding process looks like and um you know how likely that might be.

In addition, you know, maybe maybe that is also a tornado shelter slash fire station or a place substation.

Um, there's there's obviously a lot of people that live out there.

Um currently Valley View Schools is outside of our you know, four-minute response time that we we strive for in the fire department, and it just it gives us an opportunity to preserve what's a pretty valuable piece of land in a in a in a fast growing area for a future use, and you know, right now there's some buildings on it.

Um I'm not just super confident that those could be just immediately turned over into something.

Um I'm sure there's probably some salvageable component to that that might fit into this.

Um, you know, we just we would need to do some additional studies on that, but the fact of the matter is that it provides us the opportunity, should we choose um and should we be able to find funding um I guess over the next seven years to be able to build some assets out there that I think will be of a community safety benefit?

So you know, there's no there's no guarantee on the table that we're gonna go out tomorrow and spend seven million dollars on a building or two million dollars on a building.

You know, I think we're just thankful for the opportunity to uh have a chance to preserve this land and and and kind of do some further research and see if it fits the needs of our long-term goals to provide public safety in that area.

And again, I think those goals are pretty widely stated, you know, in the the latest fire report that we have a need out there.

Um, you know, as Jonesburg continues to grow.

I think we're anticipating three or four thousand additional rooftops out there in just the next three or four years, and again, this gives us an opportunity to serve those people with a kind of public safety that that we strive for.

So, you know, as far as any information about the the actual land beyond just what the city's intent would be or the stipulations.

I think there's representatives here from Blazor Holdings that could probably answer any of those questions, but happy to answer whatever else I can.

Well, mine was more of what do you guys see how we're gonna utilize it.

Just now we're gonna use police for fire.

Um, but I guess we we gotta do some more digging to figure out.

It's like you said that there's some buildings out there.

I know they got I mean, they're outfitted, they got water, sewer, etc.

But um does that meet what fire or police would need in terms of um I mean you'd have to outfit it for what they need, but yeah, I mean I I think that it would only be fair if what we consider is that you know we would probably look at it from a blank slate approach, anything that we could say, I would be great.

Um, there's some good assets on that property, um, but not being a you know an architect or an engineer or anything like that.

I don't know what all is is reusable out there, and sometimes it's just easier to start from a clean slate.

And you know, I suspect that if you're dealing with a safety shelter, you're talking about something from a clean slate anyway.

So I would I would anticipate that barring some surprise that you would talk about removing everything from that property and building something brand new.

Any other questions for Brian while he's up there?

Any other comments from staff to the public or I just like to thank Carol Calwell for his generous donation to the city?

That's uh group and the whole group.

That's uh it's appreciated.

Yeah, thanks, guys.

Thanks, John.

All right.

There's no further comments or questions.

Um please cast your vote on whether or not to forward resolution 25195 to full council.

Council.

All right, next up is resolution 25196.

A resolution providing for the adoption of a budget for the city of Jonesboro, Arkansas for the 12 months beginning January 1st, 2026, and ending December 31st, 2026, appropriating money for each item of expenditure therein provided for and for other purposes.

Whereas the city council has made a comprehensive study and review of the proposed budget submitted by the mayor, and whereas it is the funding and it is the finding and conclusion of the city council that the schedules and exhibits of anticipated revenues and expenditures for the calendar year appear to be as accurate as possible for budgetary purposes.

Therefore, be it resolved by the City Council of Jonesboro, Arkansas that Section 1, this resolution shall be known as a budget resolution for the City of Jonesboro, Arkansas for the 12-month period beginning January 1, 2026 and ending December 31st, 2026.

The attached budget incorporated herein as if set out word for word and figure for figure reflects estimated revenues and expenditures as set forth on the succeeding pages.

Section two, the respective funds for each item of expenditure proposed in this budget for 2026 are hereby approved and adopted for the operation of the City of Jonesburg, Arkansas by the City Council on this date and can constitute an appropriation of funds which are lawfully applicable to the items contained within the budget.

This budget may be altered or revised by action of this governing body and unpledged funds may be subsequently appropriated to another purpose except as prohibited by law, ACA 1458-203A, Section 3, the mayor or his duly authorized representative may approve for payment out of funds appropriated by this budget or otherwise approved by the city council for those purposes or may disapprove any bills, dash reliabilities exerted as claims against the city, provided, however, that the execution of all contracts and conveyances and lease contracts shall be performed by the mayor and city clerk when authorized by resolution in writing and approved by majority vote of the city count, city council present and participating.

Section 4, if any provision of this resolution or the application thereof to any person or circumstance is held invalid, such invalidity shall not affect other provisions or applications of the resolution, which can be given effect without the invalid provision or application, and to this end the provision of this resolution are declared to be severable.

Move forward full council.

Second motion forward to full council.

Um mayor, do you have anything you want to say before uh on this item?

You know, uh Chairman.

Um if you'd like me to move forward, I can make comments or do we want do we have any comments by council members?

Well, you know, I I mean I know Steve and I talked earlier this afternoon.

Um I know everybody wasn't able to see the the slideshow on on Friday.

Friday.

So I'm perfectly fine with Steve going through that again.

I think it's always good for the public to see.

We can and if you if it's all right with you, uh Mr.

Chair, I'd just like to make a few short statements.

Go ahead.

All right.

Uh council members and and uh residents of City of Jonesboro.

Uh first of all, uh I appreciate the opportunity to always sit before you, but more importantly, as we move through a balanced uh budget uh and moving on to 2026.

One of the key words is going to be consistency.

So council, uh, you'll find that this budget is consistent with previous budget, a consistent revenue stream that supports consistent reoccurring expenses.

So I've asked the finance team to develop a practical plan where a concept of meter measured utilization.

I'm sorry, I'm a little out of breath, just came from city youth.

Measured utilization of reserves will fund only capital infrastructure improvements and not operations.

I also challenge them to hold the budget cycle to a consistent operation structure versus expansion of systems and personnel.

This will ensure a better utilization of current systems to meet the challenge for each department to provide expanded and more efficient services to the public.

You'll notice that there are no new revenue streams, and the most impacting expense increase is continuation of the annual salary increases of all employees.

While increased costs across the board are inevitable, we requested both a significant system and request from our providers and current components to manage and hold increases until further evaluation.

These will be assessed as timing of contract renewals arrive, and perhaps we're going to see what the first quarter results of the new year looks like.

So my letter states additional consideration will be given to budget request after the end of the first quarter and growth trends once they have been gathered.

So that's the end of my initial statements.

I appreciate that you were calling for a working meeting for the full city council, gave us all the opportunity to see that information.

I appreciate our clerk providing not only the budget document as an attachment to this resolution, but also this PowerPoint here.

Okay, thank you.

So from there, we just thought we would just highlight some of the key comments that we made uh last Friday.

As we indicated, and the mayor commented in his comments that uh we do have a balanced budget here.

Uh our total expenditure spend will be about 85 million dollars.

Approximately 72 million of that or roughly 90 percent uh will be in our O and M expenditure category.

We'll have about 1.1 million in capital improvement expenditures if this budget is approved by city council next Tuesday, pending your uh forwarding to for their review.

Uh our OM sales tax revenue uh it is simply a reforecast of our 2025 budget.

Uh we will end the year uh at a 1.8% increase in our budget or excuse or sales tax revenues compared to the previous year.

We'll be about a million dollars behind our budget projection uh when that year concludes, uh, and that'll be in the in the range combined for both uh city and county, just under 40 or 50 million dollars.

So we just simply reprojected that same revenue stream for 2026, uh, and it'll be at about a two and a half percent budget increase uh comparing to current year projection.

Our salary and benefits uh as Mayor alluded to, uh, we have a four percent overall increase for all full-time employees.

This will consist of our uh standard two percent annual step increase, which is uh just a continuation of our 2016 uh uh resolution approval of a salary administration plan by this body or the city council body uh back at that time.

So in theory, it will uh be reaching its uh tenth year of calendar year uh in creation uh since that date.

Uh additionally uh over the past uh uh since 2022, uh we have further provided a cost of living adjustment in each of our budgets since that time.

This particular budget cycle we're projecting a two percent cost of living adjustment, again equating to a total four percent overall increase in salaries for all full-time employees.

Uh additionally, in the benefit category, uh as you all are aware.

We initiated uh in response to uh fully insured insurance program, medical insurance with the continuing cost of that historically that we did move into a captive program beginning the first of year of 2025, as we alluded to last week.

We've seen claim activities decrease from 10 million down to 8 million in that program, and so we're certainly pleased with that.

Uh if you might you may recall that one of the initial benefits of going from fully insured to self-funded uh is a program of being able to save the administrative cost that would go to the TPA who's uh administering that plan for us, in this case it's Blue Cross Blue Shield.

Uh so we were able to save about 13 percent, which immediately went into our captive program as seed money for our claim activity.

In addition to that, we have administrative costs all in.

Will he will it be about a million and a half in total administrative costs, which is consistent with uh what we were utilizing or doing in our fully insured program.

One benefit of the captive program is we do have uh other avenues available to us for uh prescription services, pharmacy spend.

Uh we've seen considerable savings in that.

Uh we've had uh roughly a 350,000 dollar return uh premiums for or of spend relating to that as well.

So all of those are adding to our captive program.

We did hear that the market was increasing overall fully insured costs uh anywhere in the 15% range.

We think it's prudent for us to consider something likewise for our captive program.

It'll take us a couple of years to see the exact run of activities relative to what goes on in a self-funded program.

Effectively, we're one year in we'll be interested to see what that looks like in year or in month 15 after that period of uh of kicking it off.

Then we'll also be monitoring that for years two and years three.

That's when the the revolution or the rotation of that program uh really takes effect and and have a true analysis of comparing uh how things are going.

We have many things uh being considered between now and then uh relative to how we would make our program uh functioning very well for the for the city and the cost savings uh to our participants and uh so we're looking forward to introducing some of those to our employees along the way.

The last bullet on this page are personnel requests.

Uh we did uh defer those until first quarter 2026 again as Mayor alluded to.

We're gonna take that period to look at the first quarter results and uh compare activities uh relative to our budget and those particular requests that were made.

So thank you.

Mr.

Mrs.

Praty, yeah, just a couple of questions on uh on this first page if you don't mind.

Um I want to make sure I say this before I don't want I don't want to keep the print that I've been you know I I think city employees don't do a good job, I think they do a good job.

But my questions um so the the step raises the the salary adjustments uh excuse me, annual step, cost of living, four percent COLA for those who are not uh eligible for the step or the cost of living.

Um we look at those, those are given out as a blanket.

You don't have there are there are no metrics as far as I could do a really good job, I could do uh needs improvement job, and I still get the step increase or my cost of living.

That is correct.

Okay, okay.

All full-time employees will receive that total four percent increase.

Right.

Um we considered, especially with us looking at first quarter, we're gonna defer things to the first quarter to make a decision as far as personnel.

Have we looked at, and I guess what jobs have we looked at maybe to outsource?

Um, are there things that we can outsource that make uh maybe make the jobs more efficient?

Um have we looked at that as a as a whole, not just in certain departments, maybe as a whole I expect that that will be part of this first quarter review uh specifically to look at uh any maybe if the addition of new personnel or the ask or request for that, or how we could further uh support that same ask with outside services or or to that effect.

So, yeah, I think that would be part of that first quarter review as well.

So I know if there was if there's it been any discussion about that, right?

Going specifically the last year.

If there are things that councilman, if you can, yeah.

Um councilman had mentioned that earlier, and yes, we we had started some internal processes because some of them overlap at different departments, and so we want to make it more the most efficient way we can.

But yeah, I think uh we're seeing the the move more to external um entities being involved in providing city services because the cost effectiveness is really getting hard for us to control.

So uh yes, those are those are being made.

That's all on this page.

Thank you.

On our second slide here, which uh we call this page two of overview of appropriations.

Uh as you recall, uh, we did uh issue our franchise fee revenue bond.

We'll have some more information on the details of that a little bit later in this presentation.

Uh that does uh afford us 17 and a half million in capital improvements, which will occur over the next three budget cycles.

You'll recall that that includes construction of an E911 safety center expansion of our Caraway Road, South Caraway Road Street, and then a pedestrian trail connections as well, which have been ongoing, of course.

Uh we all additionally we'll have three million dollars in a specific appropriation that will be part of 2025 results that is a function of the first uh the first event or activity of this new budget, and this is specifically for overlay and street improvements, and so that is an appropriation there.

In addition to that, 250,000 will be appropriated for uh to further being ADA compliant with sidewalk improvements, and that is in response to a lawsuit uh from several years back that we have continued to uh provide support uh relative to that judgment.

There as well.7 million in total funding that it was available for 2025.

Nearly six million of that was spent in 2025.

And then 11.1 million is remaining in that appropriation for future projects.

Again, that project detail is listed in the budget binder.

We provide a monthly report of that and our monthly financials in there as well.

So you can kind of track the activity as it moves along in the calendar year relative to that to that fund.

Also, in addition to that, we are appropriating 4.4 million for our depreciation fund.

This will allow us to acquire 37 fleet vehicle replacement units.

Again, this is not an expansion of our fleet, it's a replacement of existing units that probably have been needing replacement for quite some time.

25 of these units will be specific for our police department.

And out of that 37, we had a request for 52 fleet unit replacements.

And again, that it's a process of monitoring and managing that that purchase to uh accommodate what we think we can appropriate in our budget, and that's what this includes here.

Very specifically, that's a two and a half million dollar for two new fire apparatus units.

I think your earlier actions have forwarded that actual purchase on to city council for uh their review and approval.

Uh this budget includes our second installment uh toward that purchase, 625,000.

This will give us about million two hundred and fifty thousand of that total uh spend there.

Uh our very generous partner, City Water and Light has agreed to fund the remaining 1.2 million uh over the next two budget cycles, and Christy Wall uh shared with me earlier that that first installment has already been received.

It's actually settling today as we speak.

So uh we appreciate our partner helping us with this.

They have fulfilled their commitment for that first 600,000 uh request, and and we know that they will are planning to do that as well in the early part of 2026.

So we very much appreciate that.

The very last uh item here is uh this uh 4.4 million does include uh maintenance uh equipment replacement uh and again we go through the same process for our fleet equipment.

We do that in a review and analysis of our maintenance equipment to uh provide that funding as well.

Thank you, Miss April.

All right, thanks for just real quick on the overlay and street improvements.

I guess as a whole, um looking at different projects, but right now I'll stick to the overlays and street improvements as well as sidewalks.

Just how do we how do we prioritize those?

Where do we uh where do you guys come up with it?

I guess that's uh probably a craig question, but just curious how we prioritize those and um okay sure correct I I thought so, but I'll just try to make sure I I know for sure.

Well, several years ago we did an inventory of our sidewalks and of our uh roadways to get a uh condition assessment on those, uh particularly on the roadways.

Um we we began a running list about three or four years ago that started out with about five million worth of uh projects that needed detention or roads that need to be overlaid, and we've been working our way through those.

We get uh phone calls from people that ask us to specifically look at those roads, and we put those on a list to go look at, and we we weigh those on putting them on the list compared to uh other roads that we have in our system, but it primarily comes to where street department is spending most of their energy and time.

Um, if they're spending a lot of money patching potholes on a specific road and they're losing the road, then those are ones we prioritize for getting fixed.

Um so that's kind of the way we do it.

We uh the engineering street department alongs with the mayor's office finalizes the list that we submit.

It's uh usually in the advertisement that's provided to city council when we do those for the uh annual bids for the overlays, so you guys get to see those lists of what roads are on there.

Um we can provide the list, the running list that we have right now.

Um but uh you know, generally, you know, we we had a presentation when we had the inventory done three years ago, four years ago now.

Um he said we should be spending about three and a half million dollars a year on overlays.

You're gonna get about twelve or fifteen years of service life out of a roadway, um, and we're still at you know a million to two million dollars a year.

So we're losing um our roads faster than we're putting them back.

So that's the reality of it.

So um, you know, in terms of prioritizing them, I mean, and truthfully, we need more funding for roadways.

Um, and the three million that's allocated this year is is between overlays and roadway improvements.

So there's other projects we have on our list that we you know feel like we need to do for for uh pedestrian crossing at Southwest Drive and and uh South Culver House that we're we're finishing up the permit drawings for that right now, and um there's some other pedestrian crossing works, roadway works that we have in our interplant, um traffic calming uh speed tables are coming out of that same three million dollars.

Um, so there's other projects, it's not all just overlays in that three million as well.

And this coming year we'll be doing the work uh patching the roads, relaying the roads that uh were part of the city water and lights project for uh their sanitary sewer project.

So they will be reimbursing us a percentage of that as well.

So hopefully we'll get some more money in to help supplement our overlay program this coming year.

Do you have the same type of list for drainage?

We do.

We have a list of drainage uh projects.

Um running totals about you know, if you take out our our master plan, it's about 15 million um in drainage projects.

Um that uh I think this year we have a half a million, or we're looks like we we'll get a half a million this year uh for drainage projects this coming year, so we'll start working through the ones that we can fund with those and and just chipping away at it.

So Mr.

Chairman, I appreciate you letting me have some some seconds some time to talk.

I think the overwhelming thing I heard not only uh now, but then also from the meeting on Friday.

I mean, I obviously I wouldn't hear it, but at the same time I went back and watched and I heard some conversation around the impact fees, and I know that we aren't discussing that now, but at the same time we've got a vast need.

Um are we how close are we?

Where are we in that process?

I think Daryl said early next year on the report coming back.

Early next year.

Yeah, back 2026, yeah.

Okay.

Okay.

Thank you.

Thank you.

Uh this slide here.

Uh we again just want to give an overview of our franchise fee revenue bond.

Again, you'll recall that we issued that bond uh at 17 million five hundred and ninety-five thousand in par value.

Simply that's the amount that will be repaid once all of the principal and interest payments are made at the conclusion of that final maturity on 8.1 2055.

It does have a uh prepayment clause for the first seven years.

After that, it could be refinanced, paid off early.

That debt could be retired in whatever manner uh that the city would see fit, and this our council would approve uh relative to that.

Our annual debt service, which is coming out of our franchise fee revenue is one million one forty seven one hundred.

Uh we are funding that on a monthly basis.

Uh and it our first payment on that obligation will be in August of 2026.

So we're we are already funding uh it incrementally through the through the year.

Uh our project appropriation.

Uh you'll recall this uh probably without me having to go through it, but that was 16 million dollars in appropriation.

We had 5.5 million of that for the public safety center, an additional 5.5 million for Caraway Road expansion, and then 5 million for pedestrian and trail connections.

Uh, you can see the activities for 2025.

We wanted to provide that.

We've earned about 260,000 in interest or will have at the conclusion of 2025.

We've uh ex committed expenditures either spent or committed 1.4 million to these projects, and uh the available funding is about 1.6 million.

So that 1.6 million could be utilized to either uh expand on these current projects, uh, do similar projects that are in the same categories, or simply support cost increase that might be occurring along the way as well.

So thank you.

One item in our budget uh is uh Mr.

Ronnie Sturch, director of our E91 Center.

He also gives oversight of our Torleo siren program.

We appreciate his work in that.

Um our siren system is in need of upgrade uh to a digital radio system, and then the system expansion, he has asked for four additional sirens to cover service area that is currently uh not within uh the area of our coverage today.

These total expenses are about 260,000.

This will go against our 582,000 dollar balance remaining in our restricted revenue replacement fund or formerly we knew it as the ARPA fund.

Since we fully satisfied all of our commitments relative to having them committed by the end year in 2024, having them spent by 2026.

Uh we did use the remaining balance of that funding and put it in our replacement fund, which was permitted by the uh the state and local federal government uh relief fund, uh, and then we were able to do that.

So if we do this appropriation, which eventually will be approved by city council uh through resolution resolution approving a contract, we would have about 320,000 uh left in that fund.

So this would be coming back for further evaluation by city council.

Thank you.

Uh overview of our reserve analysis.

Uh you can see the total fund balances projected at year end 26 will total just under 30 million.

We have just under a 10 million reserve requirement, which again the bottom footnote indicates that represents 15 percent of our general fund budgeted expenditures.

This will leave us with about 20 million dollars in uh unappropriated reserves.

We try to look at this uh in the reserve categories as to how much coverage each bucket has.

Uh 1.8 months of coverage will be sustained by our minimum reserve requirement, and you can see also that the AML and the government finance officers association recommends one to two months of coverage, so we are in that window there.

Uh the remaining uh unappropriated reserves will provide two million of coverage, and then our total reserve coverage is about 3.8 months.

Thank you.

The last the next three slides is just to really an overview of revenues and expenditures.

I'm not going to go into those details.

Again, the only thing I'll point out is the revenue the franchise fee revenue is about 1.2 million uh less than the previous year budget.

We do know obviously that 1 million 147,000 represents the payment on our bond.

Uh the other thing that you'll notice through these slides is 70 roughly 68 percent of this revenue comes from sales tax, both the county and the city sales tax, and in our expenditure categories, uh more than or nearly 60 percent of that is supporting our public safety sector, and uh so we we show you that as well.

And and uh our forecast in specific revenue buckets uh is a looking at the run rate of the current year, applying a two percent increase for the next budget year.

So that's basically what you're seeing here uh relative to these categories.

Go ahead, Miss April.

We'll go through these.

Can you say I'm sorry, Mr.

You said the run rate is for say that one more time?

What what we the how we forecast our revenue budget is we look at the run rate of the current year, and then we forecast a two percent increase in addition to that.

So I guess on the sales tax, we stay it looks like we had no difference and that excludes sales tax.

Okay, all right.

Okay, all right that's the next zero, but okay, that's an excellent point.

Okay, thank you.

Uh go ahead, Miss April.

Let's okay, and this is just the slide that basically showing our uh uh protection uh services is about is about 60 percent of our budget.

So thank you.

So that's all of the comments that I have for the committee.

Any questions or comments from the committee on the budget?

Anything else from staff or the public in attendance?

If not, um please cast your vote on whether or not to forward resolution 25196 to full council.

All right, next up resolution 25197.

A resolution by the city council, city of Jonesboro, Arkansas to amend the salary, city salary administration plan by including updated pay ranges, job titles, and grades, whereas resolution 24184 amended the city salary administration plan, whereas the need has been identified to amend the city of Jonesboro's current salary administration plan to include pay ranges, job titles, and grades consistent with the 2026 budget.

Now therefore be resolved by the city council for the city of Jonesboro, Arkansas.

The section one, the attached listing of approved job titles of the salary administration plan is hereby adopted.

Move forward to full council second.

Oh second forward to full council.

I believe this is just where it's incorporating the two percent step and the colour and stuff like that.

So any questions or comments on this resolution?

Oh, one question real quick, Mr.

Chairman.

Uh Mayor, I was just looking at since you got the chief administrative officer, chief operations officer, chief of staff.

Have we plan to fill that sometime soon or is that a I think those are still.

Those are just approved job titles in the city plan, not funded job titles.

So you'll see all sorts of stuff in there that does not exactly exist, but they're just titles at some point in time have been created.

Okay.

Got it.

Okay.

All right.

All right.

All right, thank you.

Anything else from the committee?

Staff Republican attendance on this resolution.

If not, please cast your vote on whether or not to afford 25197 to full council.

I need each person.

Oh, there we go.

There we go.

All right.

Now we'll move on to resolution 25198.

This is the last item under new business.

A resolution by the Jonesville City Council to accept an offer and enter into a contract to purchase property and end dual litigation efforts between the City of Jonesboro and Laurel Park LLC, whereas Laurel Park LLC representatives representatives have made an offer to settle ongoing litigation and convey sales of all properties owned by the corporation and any subsidiary entities to the City of Jonesboro for a total of $750,000.

Whereas a recent appraisal of the property immediately beneath the condemned and demolished building lot four, commonly known as Citizens Bank Tower property appraised at $307,000 or $71 per square foot at five four thousand three hundred and twenty square feet.

Whereas the offer includes multiple holdings by Laurel Park LLC at the general location of 100 West Washington outside of the litigating parcel, including lot seven and eight located near the original tower property, and whereas the total approximate sum of square feet for the three parcels of land holding by Laurel Park LLC property is 10,000 one hundred square feet plus or minus.

And whereas an agreed and executed purchase contract of all oral property LLCs, excuse me, will result in the termination of any current excuse me and future litigation claims by Laurel Park LLC and terminate any lien perfection efforts by the City of Jonesboro, and whereas neither Laurel Park LLC or the City of Jonesboro will seek restitution for any legal procedural or financial injury for past, current or future expenses associated between the two entities or their associates.

Now therefore be it resolved by the city council of the city of Jonesboro, Arkansas that Section 1, the City of Jonesboro, Arkansas hereby authorizes the purchase of the property detailed above, located at 100 West Washington, Jonesboro, Arkansas, at a purchase price of 750,000.

Section two, the City of Jonesboro and Laurel Park LLC agreed to end all ongoing litigation.

Section three, the mayor and city clerk are hereby authorized by the city council for the city of Jonesville, Arkansas, to execute all documents necessary to factuate the purchase of this property.

Move to forward to full council.

Second?

Second.

I just want the record to reflect that Mr.

Tree had to leave at five o'clock.

So just wanted that to record that to be in the record.

We still have a quorum, because we have four.

Mr.

Chair, I I think really the main comments here from the mayor's office is that we want to keep the community and city council in full regards of how the process is going as we move forward.

Obviously, we invested a tremendous amount of ARPA funding uh in that lot.

And with that, then um whenever the opportunity on negotiations would come forth, uh I made uh council aware that we'd bring those opportunities to this committee and hopefully move forward to council so that discussion can be moved forward.

We do have an offer on the table for what is it, Brian.

There are six separate lots in that uh area, and we do have an offer on the table.

This is what this presenting of three of those lots.

Um and the individual has made an offer to the city.

Uh Brian, if you want to speak a little bit more in particulars on that, feel free to do so.

Yeah, um, as the mayor indicated, you know, we we've received an offer, and obviously this is uh been a very public discussion um in one way or the other for I guess the better part of two decades.

So you know, earlier this year, I mean, obviously we we completed the demolition of that property and uh just felt it was it was in the public's interest to to have just an open conversation here at finance about this about this offer.

Um just a point of note, you know, this is a matter of ongoing litigation, so um, you know, I don't think that that limits what we can or can't talk about here, and we you know, but I just wanted to put that out there.

Um course this effort if if approved and and moved on to full council and then approved by council would would end that.

Um but um so just uh clarify one thing that may or may not be clear in the resolution.

I think that we all understand that this is only for the laurel park holdings that are on the improved area here on Main Street.

Have no idea if Laurel Park owns property somewhere else in the state, but just a clarification that that is only we're only offering or we're only being offered to purchase what's in the sales contract, which is are the those three lots on Main Street or Washington.

Um you know some of the things that we I guess need to talk about are also for public um guess public education and the fact that after the demolition of the building, if we put a $3.25 million lien on the parcel where the tower is, you know, in a lien doesn't mean that you get the property.

Lien just means that there's a there's a holding against the property that could be collected at a later date through certain triggers, one of which if the property sells, then you could help recoup some of that funding.

Um the lien is not on the entire property, it's only on the one parcel where the tower was, and that parcel.

Um you know, we're estimating that in a recent appraisal to be worth somewhere around $300,000 on the free market, maybe more, maybe less, but I think that's a good ballpark for what that that piece of property is worth.

Um I do think we've been pretty clear from the council, the city attorney, the mayor, um, that there's probably no path that immediately restores that three million dollars that was ARPA funding, and I think that we understand that that whenever that action was taken, it was a public safety measure and it had to be done.

It was to reopen Main Street and to remove uh the public safety issue.

So, you know, as we kind of move forward with that, I don't think there's a decision that we could possibly make that magically makes all that money pop up.

So really we're kind of thinking about what's the best long-term solution to recovering that funding and to making that property you know developable.

And really, when you think about it, I guess there's probably about four different options that that we could consider.

One um would be we just continue our path towards litigation and defending the lien.

We're gonna incur legal fees during that time.

We you know, if we win, we place a lien on a piece of property on that on the on the parcel where the tower was, and then we deal with it then.

Um the other would be that we continue the path that we're on and we lose, which is certainly a possibility anytime you're dealing with the court.

So then you're we've got legal expenses, we're possibly having to pay other legal expenses, and there's no lien on the property.

I think both of those cases are probably months to years of most likely inactivity on that property while that all gets you know sorted out.

And you know, that it's an option out there.

The other would be that we purchase a property, then just turn around and sell it to a developer free of a lien, and that property gets developed.

Um most likely.

Um if we want to talk about any type of stipulations that we might put on that, that would be a conversation to have at that time.

But I do think that we probably got a marketable piece of property.

Um, you know, especially if you take the lien off of it.

And the fourth would be that you know, we purchase a property and develop it as a city asset.

You know, whether that be a green space, whether that be any type of holding for whenever that property escalates to a value in which it might merit development.

Um, you know, I think that's certainly an option, and if we pursue that option, then I guess another portion would that be the purchase the rest of the property on that lot and make it a bigger asset.

Um so that's kind of where we're at on this.

Um this is an offer to help start kind of clean up that process that started a really long time ago.

Uh I think there's some representatives from um the Laurel Park here that could probably answer any questions about the specifics you have on the offer, but again, kind of a presentation to see what we want to do in the future.

I just wanted to say I think that the attorney for Laurel Park is available online.

He couldn't make it over here today, but he's available, I believe, via Zoom teams, I don't know where he is.

He's somewhere and on the internet available.

Is there anything else you want to add to this?

I'll I mean I'm here to answer questions if you have them.

But no, just oh, never mind.

He just left.

He's no longer online.

He's no longer available to answer any questions.

He had to leave at five o'clock also.

He did actually, that was part of the problem.

And one less fillable hour.

Right.

Um I'll I'll I'll go ahead and open up the floor to the committee.

Um if you have any questions or comments.

Uh Mr.

Chairman, I do have a question.

Uh Brian uh the said we had a recent appraisal.

Uh I didn't see it attached, maybe I missed it, but how did they come to $71 per square foot?

Uh Preston King did that appraisal when we were going through the uh the lien process.

Uh I can't remember what exactly that came about for, but we did request an appraisal.

Um I can I can send that to you.

It's it should be on Legislature somewhere because we used it for some other kind of city action.

I I can't remember what it was, but I can I can certainly send that to you.

I don't I don't know how they came to a value of 71 dollars.

I will say that you know, sometimes I guess that the most applicable comp is what the property sold for just a few years ago, right?

Um I think I think that Laurel Park LLC bought that property for somewhere around half a million dollars for that parcel.

I think altogether for the three parcels, they paid somewhere around 920,000.

So you know, circumstances are different, but I mean I would say that between the the appraisal and you know past purchase history of that property, I think it gets us in a ballpark.

And who knows what it actually brings if it's on a on a private market.

Um I don't think we're bringing 71 dollars a foot.

Yeah, I mean, I don't I think the most I mean there's nothing in Jonesboro for that price.

I don't even know if there's anything in the state for that price.

That's 71 dollars a foot.

I could be wrong.

I hope you prove me wrong, but same time I just think overpaying for something just because we're afraid of litigation.

I mean, I just think that wouldn't be a good use of the folks' money.

I mean I just I I struggle with it.

I can't I don't see how I mean I uh do you do y'all have a uh uh reservation that we're gonna go to some long drawn out four or five million dollar uh uh court expenses and and settlement and all that stuff, or I mean what I just uh 71 a foot is just astronomical.

That's I'll say I'll say two things.

Number one, apparently the internet kicked Matt out, he's trying to get back in so that he can answer questions.

I got a text from him right as you were they were saying he's gone.

Um and number two, I mean I do expect litigation to be long and drawn out if it occurs.

Yes.

I mean, I think that goes without saying that nothing moves fast in court anymore.

So we counter we've talked to the um Mr.

Smith property owner as of the the last I guess the last minute is Miss Leggett can attest to getting this sent in for the agenda.

This is the offer that was presented, and uh to your earlier point, I'm not a price speculator, I'm not an appraiser.

All can go off as the information that that we requested, and and you know, off of off of past sales.

So that's that's the offer on the table, and it's the best information I had to provide on if that's a an accurate.

Let me ask this question.

What's the timeline that they that we would be was is there a deadline like we need an answer back by this date or the offers off the table.

My understanding, and I and Matt's here, so I'm sure he could speak to that is that the end of the calendar year for tax purposes, but I'll let Matt speak to that.

Can you hear us correct yes I can y'all hear me you're a little quiet but we can hear you I've never been accused I've never been accused of that I don't maybe on our end not your end is that better the phone's closed here we go now we have you okay yeah it's it's um it's my understanding that the deal uh has to close by the end of the year I think the contract said the closing was um December 29th if I read that correctly um as far as the proposed real estate contract uh so yes it would it would need to close by the end of the year I I mean do you think Carol do you think there would be a way to you know as Brian mentioned one of the things here is the the the big unknown is legal fees and you know not just from our side but you know if we win or lose you know potentially their side is there a way to estimate those at all like no I mean it depends on how long litigation takes so there's really no way to estimate those I almost wish we had a little bit more information on which I don't think anybody can estimate the legal fees of what it would take to continue the litigation I mean they can estimate an hourly rate but nobody can estimate how many hours it's gonna take to get to the conclusion of the litigation on both sides.

You're trying to think of year I mean like the year in I don't know their tax situation but I'm just trying to go through it in my head like why do they have to have it done this year.

Mike can answer that I can't answer that question.

Is anybody in here that could say why it has to be done this year and can't carry it over into next year.

I guess just from my perspective I would like to say that well if you yeah Jerry please approach the the microphone when I spoke with him he he has some opportunities to do some offsets and he will not have that come 2026 and he just said this was an opportunity for him to take less money than what he's paid for it and basically pay his legal fees and move on down the road so this is the least he can take and still not have to have excuse me have a huge loss.

Thank you for that information.

You bet we real quick so you mean as far as what he paid pay 495 and then what he's paid as far as trying to he's paid 495 for that lot correct yeah the whole and then you've got two other lots that are being bought and I think he's got close he's got about 920 yeah in all three lots plus plus the legal fees plus lost income because the the three the 360 or whatever that was just that one parcel right the 307 was presumed it was like he you know for one he paid 215 then he paid 210 for another and 495 so it's total of 920 so I mean from my perspective the thing that the thing that concerns me the most is the unknown legal fees and the unknown if you take if you go to court and you lose then you're paying and that's gonna be an unknown I mean there's no way to predict that.

Yeah that that's I mean this this 750 is less than the 920 he paid for them.

Just a thought if you move this on to council it gives you another week or so to vet it out you kill it tonight and we'll I mean it is done.

Just thoughts of just trying to keep it alive if you you you made the c comment you wish you had a little bit more information and if you push it down the road just a little bit it might give you an opportunity to get some more of that information other than an estimate on legal fees because I'm never going to have the answer to that question.

Well I can just tell you they won't be cheap.

I mean I I hear you I just I think it's and then because we've also spent money on this and we spent time and money I mean we spent what over three million I mean I understand what he's saying but at the same time we've spent money as well I mean we'd be in this for a lot and I I just don't see I don't even think I don't know I I don't I I'm out whether we forward or not but that's that's just me.

So I mean y'all do for yourselves but um this my money I'm not doing it.

Yeah I guess my only thought would be I I would like for the full council to be able to consider it I'm not saying I'm in or out either I'm just saying I understand I'm just and um and I I'll speak to this I'm on the same fence as Joe's on I mean we saw from the legal perspective how this played out in the past with this particular piece of property and I mean if we're talking about like this thing going through years and years of motions and discovery and judges chambers and everything else how much does this add up to just 700,000 end up being a discount at this point.

Well I think it's important to note that Laurel Park and Bruce Burroughs legal issue is still not over it's on appeal it just doesn't affect this.

But parts of it are still on appeal so you have to factor in even if we were successful or they were you know then the appeal as well which I would anticipate would be coming.

Explain how does it so how could we cleanly purchase this well because it doesn't affect the land they're still litigating whether money's owed between the two of them I think Matt can speak to that more but that's my understanding what's still being litigated is that correct Matt's correct so it doesn't affect the property itself but it they're still in litigation over ultimately the building that once was any other questions from the committee comments from the public or staff thank you.

I thank you if not um please cast your vote on whether or not to forward resolution 25198 to full council still majority of the committee there's seven on the committee your rules let me look at your rules I don't remember that's okay if you think it's we would have been the only ones to show up that would still stand wouldn't it well I mean John's John's no longer here would reflect that John's no longer here are seven on the committee.

Yeah y'all are asking me to decide you've got to give me a minute to look if y'all think y'all are good you can go ahead but if you want me to tell you I gotta look I want to look at your rules in case you're wondering what we're doing she's seeing if the vote passed or failed committee rules are different.

The number of people here it okay the rule says that committee a majority of the committee shall be necessary to constitute a quorum to do business the concurring vote of a majority of those attending a meeting providing a quorum is present shall represent the act of the committee so it passes yes so resolution 25198 will go to full council.

So it passes.

Yes.

So resolution 25198 will go to full council.

All right, that was the last item under new business.

Um I'm not aware of any pending items.

Are there any updates we need on anything under pending?

Does the committee have any other business we need to discuss today?

If not, we'll move into this is still finance for those of y'all showing up.

Um we'll move into public comments.

This gives a chance for the public to comment on something that was not already discussed on today's finance agenda.

Any anybody?

If not, next item adjournment.

So moved.

All in favor say aye.

Aye.

Any opposed?

Thanks, everybody.