Sep 10, 2024 Special City Council

[A. CALL TO ORDER]

[00:00:06]

. >> GOOD EVENING EVERYONE WELCOME TO THE SPECIALLY CALLED MEETING FOR TUESDAY, SEPTEMBER THE 10TH. WILL YOU CALL

THE ROLL. >> COUPLE RAFAEL DELAGARZA.

>> COUPLE WOMAN SCOTT.

>> HERE. >> COUNCIL YOUNG.

>> HERE. >> AND MAYOR CROCKER.

>> WILL YOU PLEASE RISE AND JOIN ME FOR THE PLEDGE AND A MOMENT OF SILENCE.

>> I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA AND TO THE REPUBLIC FOR WHICH IT STANDS ONE NATION UNDER GOD, INDIVISIBLE WITH LIBERTY AND JUSTICE FOR ALL. HONOR THE TEXAS FLAG. I PLEDGE R PLEDGE ALLEGIANCE TO THEE. TEXAS THE STATE UNDER GOD ONE INDIVISIBLE.

>>> THANK YOU. AGAIN, WELCOME EVERYONE. WE WILL MOVE STRAIGHT

[1. Announcements/Reminders:]

GOOD EVENING. >> I HAVE A COUPLE OF ANNOUNCEMENTS FOR THIS EVENING BOTH RELEVANT TO THIS UP COMING WEEK. FRIDAY SEPTEMBER 13TH OUR MUNICIPAL COURT IS HOSTING A CAR SEAT INSPECTION EVENT IN THE TARGET PARKING LOT TO KICKOFF CHILD PASSENGER SAFETY WEEK.

CAREGIVERS CAN LEARN BEST PRACTICES FOR CHILD SAFETY SEATS. EACH CAREGIVER MUST BRING THE CHILD AND THE CAR SEAT TO THE EVENT. REGISTRATION IS REQUIRED. REGISTER AT VICTORIA TK.GOV. WE PUT OUT A PRESS RELEASE WE REMIENDS THE PUBLIC OUR UTILITY DIVISION WILL TREAT OUR WATER USING CHLORINE, RATHER THAN CLOSURE MEANS FOR ONE MONTH STARTING SEPTEMBER 15TH.

RESIDENTS MAY NEED TO CHANGE THEIR PRETREATMENT PROCESSES AND THEY WILL SWITCH ON

[2. Public & Employee Recognitions:]

THE 15TH. >> THANK YOU VERY MUCH. WE'LL MOVE ON TO ITEM B2, PUBLIC AND EMPLOYEE RECOGNITIONS. I THINK WE HAVE A PROCLAMATION FOR AMERICAN

LEGION DAY. >> WHEREAS THE AMERICAN LEGION WAS ESTABLISH LD IN MARCH 1919 IN PARIS BY OFFICERS OF THE AMERICAN EXPEDITION AREA FORCES AND CHARTERED BY THE 66TH U.S.

CONGRESS IN 1919, THE LEGION PLAYED THE ROLE IN DRAFTING AND PASSING THE SERVICEMEN'S READJUSTMENT ACT OF 1944ED GI BILL AND IN 1920 POST 166 WAS ESTABLISHED IN VICTORIA TEXAS AND THE AMERICAN LEGION POST WAS FOUNDED ON FOUR PILLARS OF VET VETERANS AFFAIRS AND REHABILITATION NOL SECURITY, AMERICANISM AND CHILDREN AND YOUTH. AND WHEREAS UNDER THE PILLAR OF VETERANS AFFAIRS AND REHABILITATION POST 166 IS INVOLVED IN PROGRAMS SUPPOSE AS MILITARY VETERANS PEER TO PEER NETWORK, CROSSROADS VETERANS CENTER. AND WHEREAS UNDER THE PILLAR OF NATIONAL SECURITY POST 166 ENCOURAGES MEMBERS TO BECOME BLOOD DONORS. AND UNDER AMERICANISM A PROGRAM OF LEADERSHIP AND CITIZENSHIP THAT FOCUSES ON EXPLORING THE ECONOMICS OF POLITICS AND GOVERNMENT. AND POST 766 RESPONSETORS A TRUNK OR TREAT AND ASSISTING BOY SCOTTS AND OFFERS SCHOLARSHIPS FOR LOCAL SENIORS. I DUANE CROCKER PROCLAIM SEPTEMBER 16TH, 2024 AS AMERICAN LEGION DAY IN VICTORIA, TEXAS AND URGE ALL CITIZENS TO RECOGNIZE THE ACHIEVEMENTS THE AMERICAN LEGION HAS MADE IN OUR COMMUNITY.

>>> THANK YOU FOR THE OPPORTUNITY TO ADDRESS THIS SPECIAL MEETING. I AM DEEPLY HONORED THAT THE CITY COUNCIL HAS CHOSEN TO RECOGNIZE SEPTEMBER 26 AS AMERICAN LEGION DAY IN VICTORIA. THIS PROCLAMATION IS A MEANINGFUL TRIBUTE TO THE DEDICATION AND SACRIFICE OF OUR VETERANS AND THEIR FAMILY. THE AMERICAN LEGION HAS BEEN A PILLAR OF SUPPORT FOR OUR

[00:05:01]

. >>> THANK YOU, SIR AND THANK YOU FOR ALL YOU DO AND YOU AND YOUR MEMBERS FOR YOUR SERVICE TO OUR COUNTRY. THANK YOU. MOVING ON THEN. ITEM B3 IS ITEMS FROM COUNCIL. ARE THERE ITEMS FROM

[4. Citizen Communication:]

GOOD EVENING. >> GOOD EVENING. ATTORNEY AND CITY COUNCIL. I'M MICHAEL AND I LIVE AT 2204 EAST NORTH STREET. I LIKE TO THEY JESUS AND GILBERT FOR PUTTING TOGETHER SOMETHING STARTING IN 2025 WHERE THE MINIMUM WAGE FOR THE CITY OF VICTORIA EMPLOYEE THAT WORKS FULL-TIME WOULD BE $15 AN HOUR. AND I WOULD LIKE TO THANK DETECTIVE COLLINS FOR GETTING THE DEBATE GOING AND STUFF THAT ALL HELPED. AND I LIVE AT 2204 EAST NORTH STREET. AND AVALANCHE ALMOST LIKE SUNK MY CAR. THEY ARE FIXING THE PLUMBING PIPES AND LUCKY FOR ME I MOVED A COUPLE HOURS BEFORE IT HAPPENED BUT IT'S A 16-FOOT TRENCH A FOOT DEEP AND THREE-FOOT WIDE AND THEIR ANSWER IS TO PUT DIRT IN IT AND PUT A FENCE, A PLASTIC FENCE UP SO I CAN'T GET MY CAR IN IT. AND YOU KNOW I'M PAYING $410 A MONTH LOT FEE AND THERE'S 32 UNITS SO $410 TIMES 32 THAT IS $13,000 A MONTH HE IS MAKING AND HE IS NOT GIVING US NO SERVICE. THEY CAN ONLY USE IT'S TOO HOT AND OH, IT RAINED AS AN EXCUSE FOR SO LONG. AND THEY WORK ONE TO TWO DAYS A WEEK. AND THAT'S IT. AND THE EXCEPTION WAS THURSDAY, FRIDAY AND SATURDAY, AND THAT'S ONLY BECAUSE RICK CALLED THEM AND ASKED THEM TO COME. BECAUSE THAT IS A SAFETY ISSUE. YOU GET IN A CAR AND ENGULFED IN A LANDSLIDE. FIREFIGHTERS CAN'T COME THROUGH THERE OR PARAMEDICS OR POLICE.

I MEAN, IT'S NOTHING BUT A MUD PIT. IT'S NOT A MUD PIT TODAY BECAUSE IT DIDN'T RAIN. BUT I DO EXPECT MORE SERVICE. BECAUSE HE IS A DISTINGUISHED PERSONAL INJURY ATTORNEY. AND I EXPECT MORE FROM WHITE-COLLAR WORKER WITH A SUIT AND A TIE. AND I EXPECT HIM TO TAKE CARE OF IT. BECAUSE IF YOU ARE ARE TWO WEEKS LATE ON YOUR LOT FEE YOU ARE GETTING EVICTED YOU WILL BE HOMELESS IT'S YOUR PROBLEM IF YOU HAD TO GO TO THE HOSPITAL OR GOT LAID OFF. I DON'T UNDERSTAND WHY THE PLUMMERS CANNOT COME MORE THAN ONE, TWO, THREE DAYS. THERE'S ROCKS AND MUD ON THE STREET. THE CITY OF VICTORIA BECAUSE OF THAT. AND THAT STREET SWEEPER THAT SWEPT IT IS FINE, BUT IT DON'T LOOK LIKE IT SWEPT IT ANYMORE. AND I WAS JUST HOPING SOMEONE COULD HELP, MAYBE RICK MADRID OR SOMEONE COULD CALL THAT ATTORNEY OR THE GENERAL MANAGER. BECAUSE I AM NOT HAPPY WITH EVERYTHING. THANKS AND HAVE A GOOD DAY. I

[1. Budget Public Hearing. Wesley Janecek, Finance Director]

APPRECIATE IT. >>> THANK YOU THAT WAS THE ONLY CARD. WE WILL MOVE ON THEN TO ITEM C WHICH IS ITEMS WITH PUBLIC

HEARINGS. >> ITEM C ONE IS A BUDGET PUBLIC HEARING.

>> DO YOU NEED WATER? ALL RIGHT. WELL, THIS IS A CONTINUATION OF OUR PROPOSED BUDGET PROCESS. I DO WANT TO BRING UP A COUPLE OF POINTS. I DID MENTION AT THE MOST RECENT MEETING THERE WOULD BE A MINOR AMENDMENT TO THE PROPOSED BUDGET AND I WILL ASK TO SPEAK TO THAT IN A MINUTE. BUT BEFORE THAT I WANT TO GO OVER AND HIGHLIGHT THE PROPOSED BUDGET HIGHLIGHT DOCUMENT THAT WE DISTRIBUTED RIGHT BEFORE THIS MEETING. CONSISTENT WITH PREVIOUS YEARS, THIS DOCUMENT ATTEMPTS TO PROVIDE A HIGH LEVEL OVERVIEW OF THE PROPOSED BUDGET. YOU WILL SEE THAT THIS FIGURE NOW SURPASSES 194 MILLION BECAUSE OF THE AMENDMENT THAT DARRYL WILL TALK ABOUT.

THIS FIGURE WAS SHY OF 194 MILLION PREVIOUS TO THIS CHANGE. NOTHING ELSE SIGNIFICANTLY CHANGES. THE FIRST PAGE OF THE DOCUMENT

[00:10:03]

SO WE FELT IT WAS APPROPRIATE TO SIMPLY BRING BACK THE TOPIC OF THE SPORTS FACILITY ASSESSMENT AND THE COMMUNITY CENTER MASTER PLAN. YOU WILL BE RECEIVING A THOROUGH UPDATE ON TOES TWO PLANS AND A RECOMMENDED PATH FORWARD AT OUR SEPTEMBER 29TH WORKSHOP LATER THIS MONTH. AND FINALLY, ON THE BACKSIDE OF THIS PAGE, THIS PAGE FOR FISCAL YEAR '24 FOCUS ODD AND THE BIGGEST INVESTMENT IN THE CITY'S HISTORY IN TERMS OF THE PUBLIC SAFETY HEADQUARTER BUILDING. WE HAVE GOTTEN INTO THE PRACTICE OF UTILIZING THE BACK PAGE OF THIS DOCUMENT TO HIGHLIGHT THE MOST IMPORTANT FEATURE THAT IS INCLUDED IN THE BUDGET. AND WITHOUT A DOUBT THE MOST IMPORTANT FEATURE INCLUDED IN THE '25 PROPOSED BUDGET IS PHASE ONE IF I CAN CALL IT THAT OF A TWO-YEAR IMPLEMENTATION OF A PAY PROGRAM THAT WE PRESENTED AND GOT YOUR SUPPORT ON. THIS LAST PAGE ATTEMPTS TO SUMMARIZE WHAT THAT IS. AND WE HEARD ALREADY HOW THAT INCREASES MINIMUM WAGE TO $15 AN HOUR. BUT ALSO ATTEMPTS TO HELP EDUCATE THE GENERAL PUBLIC ON OUR BIGGEST CHALLENGE WHICH IS LACK OF GROWTH. ON THE BACKSIDE OF THIS PAGE WE INCLUDED THE POPULATION GROWTH BETWEEN 2020 AMONGST THE CITIES THAT WE'RE COMPARED TO TO TRY AND CONTINUE THIS EDUCATIONAL EFFORT TO EDUCATE ON THIS CORRELATION BETWEEN GROWTH AND MONEY AND LACK OF GROWTH AND LACK OF RESOURCES. SO WE DECIDED TO FOCUS ON THIS ON THE BADGE SIDE OF THE PAGE IT HITS ON THE 3% INCREASE FOR ALL EMPLOYEES. THE INCREASE OF MINIMUM WAGE TO 15 AND REFERENCES THE ADDITION OF A NEW PLAN ON THE HEALTH INSURANCE FRONT. AGAIN IT IS A CONVERSATION STARTER TO HELP US WHEN WE ARE TALKING TO OUR NEIGHBORS AND COLLEAGUES ON THE BUDGET HIGHLIGHTS. AND WITH THAT, I WILL BRIEFLY TRANSITION BACK TO THE PRESENTATION TO SPECIFICALLY HIGHLIGHT AGAIN ONCE AGAIN, THE PROPOSED TAX RATE. THIS PRESENTATION SIMILAR TO LAST WEEK IS INTENDED TO TACKLE BOTH OF THE PUBLIC HEARING ITEMS THAT ARE BEFORE YOU AND THE TWO ACTION ITEMS. BRIEFLY, THE PROPOSED TAX RATE OF .4707 IS NEARLY A TWO CENT REDUCTION FROM OUR TAX RATE AND I WILL POINT OUT THAT AT THE BOTTOM OF THE SLIDE WE CAN SHOW THIS REDUCTION IS POSSIBLE PRIMARILY BECAUSE OF A SIGNIFICANT REDUCTION ON OUR DEBT RATE. AND WE ARE ABLE TO TRANSITION SOME REVENUE FROM OUR DEBT RATE TO MNO RATE. AT THE BOTTOM YOU SEE THE GENERAL FUND WITH A BLACK NUMBER AND WE ARE EXPECTING AN INCREASE IN REVENUE IN OUR MNO BUT THERE IS A SIGNIFICANT DECREASE IN THE DEBT SERVICE FUND. WE'RE EXPECTED TO COLLECT LESS PROPERTY TAX REVENUE THAN WE DID IN FISCAL YEAR '24 BY THE TUNE OF ALMOST $4,000. AGAIN IT'S DUE TO THE REDUCTION IN THE REVENUE ON THE DEBT RATE. WHICH IS, OF COURSE, AS YOU KNOW DUE TO OUR ABILITY TO PAY OFF DEBT EARLY AND BE BETTER AT MANAGING OUR DEBT. AS HAS BEEN CONSISTENT THE LAST FEW YEARS, WE'VE ADDEDED A BOND REDEMPTION PROGRAM AND THAT IS HALF A MILLION DOLLARS. AND, AGAIN, SIMILAR TO LAST WEEK THIS IS INTENDED TO REFLECT IF ON AVERAGE PROPERTY VALUES WENT UP 2.8% THIS IS WHAT THE IMPACT WOULD BE FOR CITY TAXES. ULTIMATELY WE ARE NOT THE ONLY ASSESSOR OF PROPERTY TAXES IN THIS COMMUNITY. BUT STRICTLY SPEAKING FOR THE CITY, WE EXPECT A DECREASE IN THE MAJORITY OF OUR RESIDENTIAL RESIDENTS AND PROPERTY OWNERS BECAUSE OF WHAT I JUST DESCRIBED. ANY QUESTIONS SO FAR ON THE PROPOSED BUDGET, PROPERTY TAX

[00:15:01]

>> I HAVE PLENTY OF ANSWERS. GOOD EVENING, COUNCIL. SO I'VE GOT A TWO-HOUR PRESENTATION BUT I TOLD IF I WENT LONGER THAN FIVE MINUTES I WOULD GET BOOED. IT STARTED ALREADY. JUST BRIEFLY, CITY MANAGER BROUGHT UP THAT WE ASKED TO INCREASE THE BUDGET BY $183,000. AND I WANT TO COVER WHAT WE WANT TO LOOK AT OVER THE NEXT THREE-YEAR PROCESS, ESSENTIALLY. LIKE WHAT WE DID WITH THE COMMERCIAL FOR THOSE OF YOU WHO WERE THERE DURING THAT TIME.

THE CITY OWNS ITS OWN LANDFILL WE OPERATED IT IN THE 90S. IN 2007, WE USED RW BECK AND WENT OUT TO BID. AND HIRED REPUBLIC SERVICES TO OPERATE THAT LANDFILL FOR US, IT IS A 20-YEAR CONTRACT AND IT'S COMING TO TERM. REPUBLIC HAS DONE A GREAT JOB. OUR LANDFILL RUNS LIKE CLOCKWORK. WE HAVE ISSUES NOW AND THEN WITH RAIN AND DIFFERENT THINGS, BUT THEY HAVE DONE A GOOD JOB OF RUNNING IT. AND IT'S BROUGHT IN ABOUT $18 MILLION IN REVENUE WHICH REALLY GOES TO THE GENERAL FUND ON AN ANNUAL BASIS. SO IF YOU THINK ABOUT THAT IT IS ABOUT A MILLION DOLLARS A YEAR. SO AS WE LOOK AT THIS AND WE LOOK FORWARD, WE THINK IT IS A GREAT OPPORTUNITY AS THIS CONTRACT COMES TO AN END, TO LOOK AT EVERYTHING WE'RE DOING OUT THERE. SO IT'S -- THIS ISN'T THE ONLY LINE OF BUSINESS. WE HAVE THE LANDFILL, WE HAVE A COMPOST FACILITY, A LANDFILL GAS PLANTED AND WE HAVE CONTRACTS ON ALL THOSE THINGS. IF WE'RE GOING TO LOOK AT ONE WE MIGHT AS WELL LOOK AT ALL OF THEM AND MAKE SURE WE ARE DOING WHAT IS BEST FOR OUR CITY NOW AND WELL INTO THE FUTURE. SO WHAT WE'VE ASKED TO DO IS INCLUDE THIS $183,000 TO ENGAGE THE CONSULTANT FOR THE PLANNING AND THE RFP DEVELOPMENT. WE'RE PROBABLY LOOKING AT 1200 HOURS WORTH OF WORK. THIS IS NOT SOMETHING THAT IS QUICK OR EASY THERE IS A FINANCIAL SIDE. THERE'S A ENVIRONMENTAL SIDE. THERE IS A LOT TO THIS. A LOT'S CHANGED SINCE WE ENTERED INTO THIS ORIGINAL CONTRACT. BUT I THINK THE CITY IS IN A GREAT POSITION TO WORK WITH MULTIPLE COMPANIES TO SEE WHAT WE CAN GET OUT OF ALL OF THESE THINGS. NOT SAYING THAT WE'RE NECESSARILY GOING TO DO ANYTHING WITH ALL THREE BUT IT'S A GOOD THING TO LOOK AT THEM FROM TIME TO TIME. THIS IS THE FIRST YEAR THAT WE WILL COME BACK IN '26 AND ASK FOR A LITTLE MORE TO CONTINUE. BUT WE THINK GIVING A COMPANY AT LEAST EIGHT TO 12 MONTHS IF WE HAVE TO CHANGE, IF WE DECIDE TO GO WITH ANOTHER COMPANY OTHER THAN REPUBLIC, WHICH I'M SURE THEY WILL BID ON IT, I KNOW THEY WILL, WE NEED TIME. THERE'S YELLOW IRON THAT NEEDS TO BE BOUGHT. ENVIRONMENTAL THINGS THAT NEED TO BE DONE FOR THEM TO TAKEOVER THE LANDFILL. SO WE HAVE TO ACTUALLY HAVE HADTIES FINISHED EIGHT TO 12 MONTHS PRIOR TO A NEW COMPANY TAKING OVER. IF IT'S REPUBLIC WE JUST START A NEW CONTRACT AND MOVE ON FOR ANOTHER 20-25 YEARS. AND I WILL ANSWER ANY QUESTIONS. .

>>> ANYBODY HAVE ANY QUESTIONS? THANK YOU FOR THE INFORMATION. AND CERTAINLY WE'LL CONSIDER THAT GOING FORWARD.

>> AND THAT'S ALL WE HAVE. HAPPY TO ANSWER ANY QUESTIONS THAT ANY OF YOU MAY HAVE ON ANYTHING.

>> ALL RIGHT. NO, WE'LL GO AHEAD WITH ITEM C1,

WHICH. >> I DID

FORGET SOMETHING. >> BACK TO YOU.

>> I WANTED TO MAKE EVERYONE AWARE THAT BEGINNING IN OCTOBER WESLEY WILL BE SPEARHEADING A PROCESS THAT WILL BEGIN A FORMAL CONVERSATION WITH YOU IN THIS SETTING THROUGH OUR COUNCIL MEETINGS ON OUR MASTER FEE SCHEDULE. ONE OF THE TOP PICKS YOU BROUGHT UP FOR '25 WAS RELOOKING AND ASSESSING OUR FEES. AS YOU CAN IMAGINE, THEY VARY BY DEPARTMENT AND EVERYTHING ELSE WE'VE DECIDED TO TAKE AN APPROACH AND WESLEY CAME UP WITH A GAME PLAN. WE WILL TAKE ONE OR TWO DEPARTMENTS IN EVERY MEETING DURING THE FALL SO WE CAN TAKE A DEEP DIVE AND PROVIDE YOU HISTORY SO WE CAN WORK TOGETHER ON DEVELOPING A MASTER FEE SCHEDULE THAT IS AS UPDATED AND AS EASY TO UNDERSTAND FOR EVERYBODY. SO JUST WANT TO MAKE

[00:20:01]

>> THAT'S -- WESLEY THANK YOU FOR COMING UP WITH THAT IDEA AT THAT TIME WILL BE HELPFUL FOR US TO HAVE THAT INFORMATION PUT TOGETHER.

>> 100%. >> ALL RIGHT. ALL RIGHT THEN.

MOVING ON THEN TO C1. I WILL OPEN UP THE PUBLIC HEARING ON THE PROPOSED BUDGET. IF ANYONE WOULD LIKE TO SPEAK TO THAT PLEASE COME FORWARD AT THIS TIME. SEEING NO ONE, I WILL

[1. Approve and adopt a budget for the Fiscal Year beginning on October 1,...]

>> D1 IS AN ORDINANCE APPROVING AND ADOPTING A BUDGET FOR FISCAL YEAR BEGINNING ON OCTOBER 1, 2024 IN A TOTAL AMOUNT OF $194,116,623. AND THIS ITEM IS ON SECOND AND

THIRD READING. >> THANK YOU. ARE THERE MOTIONS WITH RESPECT TO

ITEM D1? >> I MOVE WE

ADOPT D1. >>

SECOND. >> I HAVE A MOTION AND A SECOND. ANY DISCUSSION? ALL IN FAVOR SAY AYE. ANY OPPOSED?

[2. Public Hearing on the 2024-2025 City of Victoria Tax Rate. Wesley Jane...]

[2. Set the Tax Rate for the 2024 tax year at a total rate of $0.4707 per ...]

ITEM D2. >> D2 IS AN ORDINANCE SETTING THE TAX RATE FOR 2024 TAX RECEIPT AT A RATE .4707 PER $100 OF PROPERTY VALUE.

>> I MOVE THAT THE PROPERTY TAX RATE BE INCREASED BY THE ADOPTION OF A TAX RATE OF 0.FEIN 70 -- .4707.

>> GOT A MOTION AND A SECOND. ANY DISCUSSION ON THAT ITEM? I WANT TO POINT OUT BEFORE WE VOTE TO ECHO MR. GARZA'S PRESENTATION THAT THE ACTUAL TOTAL TAX RATE THE MNO AND THE DEBT SERVICE LEADS TO A REDUCTION IN THE AMOUNT OF REVENUE FOR THE CITY THIS YEAR. AND GIVEN THE ECONOMIC CHALLENGES THAT WE HAVE RIGHT NOW IN THE NATIONWIDE ECONOMY, I'M PROUD OF THE WORK THAT'S BEEN DONE ON THIS BUDGET. AND I THINK IT IS A VERY FISCAL CONSERVATIVE AND APPROPRIATE BUDGET FOR WHAT WE HAVE AHEAD OF US THIS YEAR. THANKS FOR THE WORK YOU PUT ON IT.

>> I APPRECIATE YOU CLARIFYING THE MOTION. BECAUSE IT'S STATED THE WAY IT IS BECAUSE WE'RE REQUIRED TO STATE IT THAT WAY AND IT'S MORE MISLEADING AND LESS TRANSPARENT THE WAY IT'S WORDED BUT IT'S WHAT WE ARE REQUIRED TO SAY.

>> AND THE LANGUAGE DOES NOT GIVE YOU CREDIT FOR PAYING DOWN DEBT EARLY WHICH WE ACKNOWLEDGE IS A GOOD THING FOR OUR CITY.

WE HAVE A MOTION AND A SECOND ON ITEM D2 SETTING THE TAX RATE. ANY FURTHER DISCUSSION? ALL IN FAVOR SAY AYE. ANY OPPOSED? ITEM D2 PASSES. I UNDERSTAND THAT THERE WILL BE NO EXECUTIVE SESSION.

>> CORRECT. >> WITH THAT THEN, I BELIEVE OUR WORK HERE IS COMPLETE. SO WE WILL ADJOURN AT 5:23.

* This transcript was compiled from uncorrected Closed Captioning.