2026-10-12 - Budget, Finance & Governance Committee

00:00:08.0] WE WILL BEGIN, JOANING MY ON

00:00:11.0] DAIS MY COLLEAGUES SCOTTY

00:00:13.0] JOHNSON, ANNA ALBI, MARK

00:00:15.0] JEFFREYS, VICE MAYOR JAN-MICHELE

00:00:16.0] LEMON KEARNEY, COUNCILMEMBER

00:00:20.0] JAMES, OWENS, WALSH ON MY LEFT

00:00:22.0] AND THE VICE CHAIR IS

00:00:25.0] COUNCILMEMBER NOLAN.

00:00:26.0] DR. DUDAS IS WITH US FROM

00:00:30.0] BUDGET, DIRECTOR MORTON AND

00:00:33.0] SOLICITOR SWIM.

00:00:34.0] ETHAN HALL IS OUR CLERK KEEPING

00:00:36.0] US IN ORDER. SO I GUESS WE HAVE THREE PARTS

00:00:38.0] WE'LL START WITH PUBLIC COMMENT.

00:00:40.0] WE HAVE A FEW SPEAKERS TODAY.

00:00:42.0] WELCOME TO THE SPEAKERS OF AFTER

00:00:43.0] THAT WE'LL GO TO THE ANNUAL

00:00:47.0] PRESENTATION ON THE CINCINNATI

00:00:49.0] RETIREMENT SYSTEM AND WE'LL GET

00:00:50.0] TO OUR REGULAR AGENDA WHICH IS

00:00:54.0] REGULARTIVELY MODEST 14 ITEMS,

00:00:56.0] AT THE END OF THE REGULAR AGENDA

00:00:58.0] I WILL MOVE THAT THE COMMITTEE

00:01:01.0] GOES INTO EXECUTIVE SESSION FOR

00:01:04.0] THOSE ON AT HOME AND THOSE

00:01:05.0] ANOTHER DAIS.

00:01:06.0] THE FIRST SPEAKER US SANDRA

00:01:08.0] JONES MITCHELL.

00:01:21.0] YOU HAVE THE PRIVILEGE OF THE FLOOR FOR TWO MINUTES.

00:01:22.0] >> THANK YOU ALL, SANDRA JONES

00:01:26.0] MITCHELL.

00:01:27.0] APPRECIATE THIS OPPORTUNITY TO

00:01:28.0] COME BEFORE YOU TODAY.

00:01:29.0] I REALLY TRYING TO GET A

00:01:31.0] UNDERSTAND 6 HOW TIF DOLLARS

00:01:32.0] LISTEN USED MOVING FORWARD.

00:01:34.0] I DON'T UNDERSTAND THIS LANGUAGE

00:01:36.0] ENGINEER IN HERE I'M GOING TO

00:01:38.0] ASK TO MAKE SURE HAT AVONDALE

00:01:40.0] COMMUNITY COUNCIL STAYS ABREAST

00:01:41.0] TO WHAT'S HAPPENING WHEN COMES

00:01:43.0] TO THE TIF DOLLARS IN OUR

00:01:44.0] COMMUNITY. I WANT TO SAY LAST CHECK IT WAS

00:01:48.0] LIKE $13 MILLION AND I KNOW IF

00:01:49.0] YOU LOOK AROUND AVONDALE BELIEVE

00:01:51.0] ME WE WANT TO DEVELOP THAT

00:01:52.0] COMMUNITY. WE'RE TRYING OUR BEST TO MAKE

00:01:53.0] SURE THAT THE RESIDENTS OF

00:01:55.0] AVONDALE HAVE A STAKE IN WHAT'S

00:01:57.0] HAPPEN HAPPENING IN AVONDALE AND

00:01:58.0] I THINK WE'LL DO THAT THROUGH

00:01:59.0] THE COMMUNITY ENGAGEMENT AND OUR

00:02:01.0] COUNCIL MEETINGS.

00:02:02.0] WE'RE REACHING OUT TO THE

00:02:04.0] RESIDENTS. WE DEGREED TO GO DOOR TO DOOR TO

00:02:06.0] DO SOME DOOR KNOCKING.

00:02:07.0] AVONDALE HAS BEEN SURVEYED

00:02:09.0] ENOUGH. WE KNOW WHAT WE WANT.

00:02:10.0] WE KNOW THAT'S GOING TO TAKE

00:02:12.0] FUNDING AND DEVELOPERS THAT WE

00:02:13.0] CAN WORK WITH TO GROW THAT

00:02:15.0] COMMUNITY. WE HAVE BURNET AVENUE, READING

00:02:17.0] ROAD AND ALL THE LITTLE SMALL

00:02:20.0] LOTS AND VACANT LOTS THAT'S IN

00:02:22.0] AVONDALE. HOW DO YOU HELP US GROW THAT

00:02:24.0] COMMUNITY?

00:02:25.0] HOW DO WE SUSTAIN THAT

00:02:26.0] COMMUNITY. WE HAVE LOST OUR GROCERY STORE.

00:02:28.0] THERE IS ANOTHER ANCHOR COMING

00:02:29.0] IN, BUT AGAIN WE TALKING ABOUT

00:02:31.0] COMMUNITY ENGAGEMENT.

00:02:32.0] HOW DO WE GROW THAT COMMUNITY SO

00:02:34.0] THAT IT CAN BE SUSTAINABLE, OWN

00:02:36.0] SOMETHING.

00:02:37.0] I WANT TO SEISM OUR KIDS, I WANT

00:02:38.0] OUR KIDS TO HAVE SOMETHING TO

00:02:39.0] LOOK FORWARD TO.

00:02:41.0] SO MY ACTIONS TODAY IS TO MAKE

00:02:43.0] SURE I UNDERSTAND THAT

00:02:46.0] ORDINANCE, FIGHT FOR THAT COMMUNITY THE I BEST I CAN AND

00:02:48.0] BE A TEAM PLAYER WITH THE CITY.

00:02:49.0] I NEED YOU TO TYLOTES THIS IS

00:02:51.0] WHAT WE EXPECT OF YOU, THESE THE

00:02:53.0] DEVELOPERS THAT YOU MAY HAVE

00:02:55.0] MIND, DEVELOPERS WE MAY HAVE HAD

00:02:57.0] MIND HOW DO WE CONTINUE TO GROW

00:02:58.0] OUR CITY.

00:02:59.0] I WANT TO MAKE SURE THAT WE SAFE

00:03:01.0] AVONDALE IN A WAY THAT THE KIDS

00:03:03.0] CAN FEEL AS IF WE HAVE DONE

00:03:06.0] SOMETHING FOR THEM, RIGHT? I SEE KIDS EVERY DAY YOU SEE

00:03:09.0] KIDS EVERY DAY.

00:03:10.0] WE WATCH THE NEWS, WE SEE THINGS

00:03:11.0] BUT WE'RE GOING TO HAVE SOME

00:03:13.0] INTENTIONAL GROWTH, SOME

00:03:15.0] SUSTAINABILITY PROGRAMS AND

00:03:17.0] ACTIVITIES THAT WILL HELP THESE

00:03:18.0] KIDS MAYBE THEIR MOMS AND DADS

00:03:19.0] WANT TO BUY A HOUSE.

00:03:21.0] WHAT DOES THAT LOOK LIKE.

00:03:22.0] THESE TIF DOLLARS HAVE BEEN USED

00:03:24.0] I KNOW IN AVONDALE A LOT.

00:03:29.0] >> Councilmember Cramerding:

00:03:30.0] THANK YOU, WE APPRECIATE YOUR

00:03:32.0] COMMENTS AND YOUR DEDICATION TO

00:03:33.0] AVONDALE AND IT IS CERTAINLY OUR

00:03:35.0] EXPECTATION THAT ALL YOUR

00:03:36.0] QUESTIONS LISTEN ANSWERED BEFORE

00:03:37.0] WE VOTE ON THIS ITEM TODAY.

00:03:39.0] AND FOR YOU AND FOR ALL THE

00:03:41.0] COMMUNITY COUNCILS, THANK YOU.

00:03:45.0] NEXT SPEAKER IS SILL WATKINS.

00:04:00.0] >> I'M SILL WATKINS, PASTOR OF

00:04:02.0] LIVING GOD CHURCH.

00:04:03.0] THE QUESTION I GOT IS THAT THE

00:04:05.0] VOTERS ARE ACTUALLY THE

00:04:06.0] EMPLOYERS, RIGHT?

00:04:07.0] WE EMPLOY YOU GUYS.

00:04:10.0] RIGHT? YOU GOT A OFFICE BECAUSE WE VOTE

00:04:11.0] FOR YOU.

00:04:12.0] NOW MY QUESTION IS WHY WASN'T

00:04:17.0] THE COMMUNITY COUNCILS OR THE

00:04:18.0] COMMUNITIES CONSULTED BEFORE YOU

00:04:21.0] INTRODUCE THIS TIF ORDINANCE?

00:04:25.0] THAT'S ONE QUESTION.

00:04:27.0] AND THE OTHER QUESTION IS, WILL

00:04:29.0] YOU COMMIT THAT THE RULES RULES

00:04:31.0] FOR SPENDING THE NEIGHBORHOOD

00:04:33.0] HAVE GET WRITTEN WITH US AND NOT

00:04:35.0] JUST ANNOUNCED TO US?

00:04:38.0] BECAUSE IT JUST SEEMS TO ME THAT

00:04:39.0] THIS IS GOING BACKWARDS.

00:04:41.0] IF ARE YOU GOING TO UTILIZE

00:04:42.0] MONEY THAT WE PUT, THAT TAX

00:04:44.0] DOLLARS THAT COME OUT OUR POCKET

00:04:45.0] FOR OUR COMMUNITY IN OUR

00:04:47.0] COMMUNITY AND DON'T CONSULT US AND YOU COME UP WITH THIS

00:04:49.0] ORDINANCE THAT YOU ARE GOING TO

00:04:51.0] TAKE HALF AND ALLOW THE CITY TO

00:04:54.0] MAKE THE DECISION ON WHERE THAT

00:04:56.0] HALF GOES AS OPPOSED TO THE

00:04:58.0] COMMUNITY, IT DOESN'T MAKE SENSE

00:04:59.0] TO ME.

00:05:02.0] LOCK I SAID MY QUESTION IS: MY

00:05:06.0] QUESTION IS SIMPLY THIS IS WHY

00:05:09.0] DID YOU NOT CONSULT US BEFORE

00:05:11.0] YOU CAME UP WITH THIS ORDINANCE?

00:05:15.0] I KNOW YOU ARE NOT GOING TO ANTS

00:05:17.0] QUESTION RIGHT NOW BUT I JUST

00:05:18.0] WANT TO POSE THE QUESTION ON THE

00:05:20.0] FLOOR BECAUSE I REALLY THOUGHT

00:05:21.0] THAT THE VOTERS WERE THE BOSS.

00:05:23.0] I THOUGHT WE WERE THE ONES THAT

00:05:24.0] WERE IN CHARGE OF YOU GUYS.

00:05:26.0] YOU GET IN HERE WHEN IT IS

00:05:27.0] ELECTION TIME, YOU COME TO THE

00:05:29.0] CHURCHES, COME TO COMMUNITY

00:05:30.0] COUNCILS, YOU GO IN THE

00:05:31.0] COMMUNITIES, COME TO EVERYTHING

00:05:35.0] BUT WHEN YOU MACK A DECISION

00:05:36.0] LIKE THIS WE DON'T SEE YOU OR

00:05:39.0] HEAR YOU OR THINK ABOUT DID, WE

00:05:40.0] GET IT FROM A THIRD ANNUAL

00:05:43.0] PERMIT RENEWALLITY THAT DAMAGE

00:05:45.0] TAX INCENTIVE DOLLARS THAT COME

00:05:46.0] FROM OUR WORK WORKING LABOR.

00:05:48.0] AND WE TALK ABOUT THE TRUMP

00:05:52.0] ADMINISTRATION IT IS LIKE THIS

00:05:53.0] IS A DICTATORSHIP, YOU JUST MAKE

00:05:55.0] A DECISION AND DON'T CONSULT US.

00:06:01.0] AND AS A COMMUNITY --

00:06:04.0] >> Councilmember Cramerding: THANK YOU, SIR, AND AGAIN WE

00:06:06.0] HOSPITAL AND EXPECT THAT ALL

00:06:07.0] QUESTIONS WILL BE ANSWERED

00:06:08.0] BEFORE WE VOTE.

00:06:10.0] NECK SPEAKER IS CHRIS NEXT

00:06:13.0] SPEAKER IS CHRIS JONES.

00:06:24.0] YOU DON'T WANT TO SPEAK AT THIS

00:06:26.0] TIME? OKAY, THAT'S FINE.

00:06:27.0] LAST SPEAKERS STEPHAN PRYOR.

00:06:33.0] >> I WANT TO SPEAK TODAY.

00:06:35.0] I'M GOING TO TAKE HIS PLACE.

00:06:43.0] GOOD MORNING, GOOD MORNING I

00:06:44.0] NEED TO WAKE Y'ALL 77 I LOOKED

00:06:47.0] AT THIS ORDINANCE SETH WALSH, I

00:06:50.0] DON'T GOT KNOWS NOTHING AGAINST

00:06:51.0] YOU BUT IT IS TRASH.

00:06:54.0] IT IS TRASH.

00:06:55.0] THE ORDINANCE DOES NOT GUARANTEE

00:06:57.0] FUNDING FOR BLACK COMMUNITIES,

00:06:58.0] NOT AT ALL.S AS I READ IT.

00:07:03.0] IT CAN BE DISTRIBUTED OUT

00:07:06.0] WITHOUT ANY REQUIREMENTS, THAT'S

00:07:07.0] NOT COOL, NOT AT ALL.

00:07:10.0] COUNCIL NEEDS TO CONSIDER

00:07:12.0] REQUIRING ANNUAL REPORTS ON

00:07:15.0] STUFF LIKE THIS WHEN IT IS THAT

00:07:17.0] TIME.

00:07:18.0] THIS POLICY LACKS MEANING NULL

00:07:22.0] ACCOUNTABILITY WITH PUBLIC

00:07:24.0] REPORTING, ACCOUNTANT, PUBLIC

00:07:26.0] REPORTING I MEANT THAT SAY

00:07:28.0] AGAIN, RESIDENTS NEED TO KNOW

00:07:29.0] WHERE THE TIF MONEY IS ACHIEVING

00:07:32.0] OR INTENDS THE RESULTS WITHOUT

00:07:35.0] REQUIRING REPORTING.

00:07:36.0] IT COULD BE DIFFICULT TO

00:07:38.0] DETERMINE THE PROJECTS BEING

00:07:40.0] COMPLETED. THAT'S FREE MONEY THAT'S SITTING

00:07:42.0] OUT THERE THAT PEOPLE CAN USE

00:07:44.0] WITHOUT ACCOUNTABILITY WHAT THEY

00:07:45.0] ARE USING IT FOR.

00:07:47.0] WHAT PROTOCOL WILL BLACK LED

00:07:49.0] COMMUNITIES AND ORGANIZATIONS

00:07:51.0] RECEIVE?

00:07:52.0] SO THE CITIZENS DEMAND FINANCIAL

00:07:55.0] FIGURES ENFORCEABLE PROTECTION

00:07:59.0] AND A PLANKS OF POLICY THAT WILL

00:08:01.0] BENEFIT BLACK COMMUNITIES.

00:08:02.0] AND IT IS POLICY IS NOT. WE

00:08:05.0] KEEP SEEING NEIGHBORHOOD

00:08:06.0] DEVELOPMENT FUNDS, MY

00:08:09.0] PERSPECTIVE IS THAT Y'ALL GET

00:08:11.0] GIVE IN MONEY OUT TO THE WHITE

00:08:12.0] MAN TO DO THESE PROJECTS.

00:08:15.0] THAT'S REPUBLICANS AND YOU ARE

00:08:17.0] WORKING WITH THE REPUBLICANS TO

00:08:18.0] DO THIS TO PUT BLACK PEOPLE OUT

00:08:20.0] THE NEIGHBORHOOD. THAT'S NOT COOL, NOT AT ALL.

00:08:24.0] Y'ALL KEEP DOING THE SAME STUFF.

00:08:26.0] USING THE TIF DOLLARS TO BUILD A

00:08:27.0] COMMUNITY UP TO PUT BLACK PUSH

00:08:31.0] BLACK PEOPLE OUT ON YOUR WATCH. AND YOU DON'T SEE THIS?

00:08:33.0] IT IS WRONG.

00:08:35.0] Y'ALL SHOULD CHANGE THIS, SIT

00:08:36.0] BACK ON IT, DWELL ON IT AND FIND

00:08:39.0] OUT WHAT'S THE PROCEDURE CAN I

00:08:40.0] DO THAT WILL BENEFIT ALL THE

00:08:46.0] COMMUNITIES?

00:08:47.0] >> Councilmember Cramerding: THANK YOU, MR. PRIOR, WE HAVE

00:08:49.0] ONE SPEAKER, IT IS JENNIFER

00:08:54.0] FOSTER. I APOLOGIZE.

00:09:08.0] >> IT'S ONLY QUESTION I WANT TO

00:09:10.0] ASK WITH THE TIF FUNDS THAT

00:09:13.0] JEOPARDIZES THE TIF FUNDS THAT

00:09:14.0] WE ALREADY RECEIVE IN AVONDALE.

00:09:17.0] ON AVONDALE COMMUNITY COUNCIL

00:09:18.0] VICE PRESIDENT AND I THINK THIS

00:09:20.0] ESTABLISHMENT OF THAT'S TIF

00:09:21.0] FUNDS SHOULD HAVE BEEN MORE

00:09:22.0] ESTABLISHED WITH HOMEOWNERS,

00:09:25.0] BUSINESS OWNERS TO HEAR THEIR

00:09:27.0] INPUT BEFORE AMOK THIS.

00:09:28.0] GET SOME QUANTITATIVE AND

00:09:30.0] QUALITY INFORMATION BEFORE YOU

00:09:32.0] MAKE THE CHANGES.

00:09:34.0] SOMETIMES IT IS BEING AT A

00:09:35.0] HIGHER UP YOU MAKE CHANGES

00:09:37.0] WITHOUT GETTING INPUT OF THE

00:09:39.0] COMMUNITY.

00:09:40.0] THAT'S NOT WITH R EYE WITH

00:09:42.0] COMMUNITY ORGANIZATION OR IT IS

00:09:43.0] NOT UNDERSTANDING THE AFFECTS

00:09:44.0] THAT IT WOULD CAUSE ON THE

00:09:47.0] COMMUNITY.

00:09:48.0] I THINK BY ESTABLISHING SOME

00:09:50.0] TYPE OF SURVEY, NOT THE SAME OLD

00:09:52.0] SURVEY THAT WE ALWAYS HAD, BUT

00:09:54.0] SAME HOW MANY PEOPLE KNEW ABOUT

00:09:56.0] THIS THAT WAS HOMEOWNERS, THAT

00:09:57.0] WAS BUSINESS OWNERS THAT KNEW

00:09:58.0] THIS WAS HAPPENING?

00:10:00.0] I'M GOING TO SAID NUMBERS WILL

00:10:02.0] BE LOW NOW. I THINK BEFORE YOU MAKE ANY

00:10:05.0] CHANGES YOU SHOULD REACH OUT TO

00:10:06.0] ALL MEMBERS OF EACH AND EVERY

00:10:08.0] COUNCIL AND THE MEMBERS OF THE

00:10:09.0] COMMUNITY TO LET THEM KNOW THAT

00:10:11.0] THIS IS GOING ON.

00:10:12.0] WE SHOULD NOT BE A COMMUNITY OF

00:10:14.0] BLIND SIDE.

00:10:15.0] WE SHOULD NOT BE BLIND

00:10:17.0] SIGNEDDED.

00:10:18.0] I THINK IF WE DON'T GET ON AS

00:10:19.0] GOD SAY ONE ACCORD, THIS GOING

00:10:21.0] TO BE TERRIBLE FOR EVERYONE.

00:10:23.0] I THINK AS WE CONTINUE ON

00:10:25.0] LOOKING AT HOW WE CHANGE THESE

00:10:27.0] LAWS, HOW WE MAKE THESE LAWS,

00:10:30.0] THERE IS ONE COMPONENT THAT'S

00:10:31.0] LEFT OUT AND THAT'S THE

00:10:32.0] COMMUNITY MEMBERS, THAT'S THE

00:10:33.0] BUSINESS OWNERS, THAT'S THE

00:10:36.0] CHURCHES. WE HAVE TO GET ON ONE ACCORD IF

00:10:38.0] WE DON'T GET ON ONE ACCORD

00:10:40.0] THINGS IS ALREADY WRITTEN WILL

00:10:43.0] HAPPEN. THANK YOU.

00:10:48.0] >> Councilmember Cramerding:

00:10:49.0] THANK YOU FOR ALL THE SPEAKERS,

00:10:50.0] WE'LL GO TO THE PRESENTATION AND

00:10:51.0] WE'LL COME BACK TO THIS

00:10:54.0] ORDINANCE AND THE REST OF THE

00:10:58.0] AGENDA.

00:10:59.0] REQUIREMENT DIRECTOR.

00:11:01.0] RETIREMENT DIRECTOR.

00:11:04.0] MR. MOLLER. >> HELLO, THANK YOU, APPRECIATE

00:11:09.0] THE TIME AND THE OPPORTUNITY TO

00:11:10.0] PRESENT TO THE CHAIR TO THE

00:11:11.0] COMMITTEE HERE TODAY.

00:11:13.0] WE'RE GOING TO DO OUR AND WALL

00:11:18.0] 2025 REPORT TO COUNCIL.

00:11:19.0] THIS IS A CINCINNATI RETIREMENT

00:11:22.0] SYSTEM.

00:11:23.0] I ALSO WANT TO THANK YOU FOR ALL

00:11:24.0] THE EFFORT THAT YOU HAVE

00:11:27.0] CONTRIBUTED TO THE FUNDING WE

00:11:29.0] HAVE HAD IN PLACE.

00:11:30.0] THIS HAS BEEN A 3, 4 YEAR

00:11:32.0] JOURNEY FOR US THAT'S CULMINATED

00:11:34.0] IN A FORMAL FUNDING PLAN THAT

00:11:35.0] WAS ANNOUNCED THIS YEAR.

00:11:37.0] WE'VE WE'LL TOO MUCH ON THAT

00:11:38.0] LETTER IN THE PRESENTATION.

00:11:39.0] QUICKLY BY WAY OF INTRODUCTION

00:11:42.0] JOHN SOUL STROMB, EXECUTIVE

00:11:44.0] DIRECTOR OF THE CONTRACT

00:11:47.0] CONTRACT, I'M MOLLER CHAIR OF

00:11:48.0] THE CRS BOARD.

00:11:50.0] SO WE'LL JURIS PRUDENCE JUMP

00:11:51.0] INTO THE PRESENTATION SETTING

00:11:52.0] THE STAGE AND GIVE A UPDATE OF

00:11:56.0] WHERE WE ARE FINANCIALLY,

00:12:00.0] DEMOGRAPHICALLY. THEN WE'LL JUMP INTO

00:12:01.0] CONTRIBUTION AND PERFORMANCE AND

00:12:03.0] THEN END WITH UPDATE ON THE

00:12:04.0] FORMAL FUNDING PLAN.

00:12:09.0] SO THE OBJECT GAYS.

00:12:13.0] CRS SIMPLY PUT OUR MISSION IS TO

00:12:18.0] EVEN SURE PENSION AND HEALTH

00:12:19.0] CARE BENEFITS FOR RETIREES AND

00:12:21.0] FUTURE RETIREES.

00:12:24.0] THIS IS A PLAN THAT WAS HE CAN

00:12:27.0] STABLISHED IN 1931, PRE DATES

00:12:28.0] SOCIAL SECURITY.

00:12:29.0] I MENTION THAT SO THAT WE ALL

00:12:30.0] ARE AWARE THAT THAT IS THE ONLY

00:12:33.0] DOLLARS A LOT OF THESE RETIREES

00:12:34.0] SEE, THEY ARE NOT GETTING SOCIAL

00:12:36.0] SECURITY BENEFITS SO THAT

00:12:38.0] OBLIGATION IS VERY, VERY, VERY

00:12:40.0] MEANINGFUL TO THESE INDIVIDUALS.

00:12:45.0] SO WHERE ARE WE AT RIGHT NOW AS

00:12:47.0] FAR AS FUNDING THAT OBLIGATION?

00:12:53.0] THE PENSION WE TWO MUCKS THE

00:12:57.0] ACTUARIAL AND MARKET VALIUM THE

00:12:58.0] FUNDING RATIO ON THE FAR RIGHT

00:13:02.0] 68.1%.

00:13:03.0] THAT IS SLIGHTLY DOWN FROM LAST

00:13:05.0] YEAR AT 68.3% BUT AGAIN AS I

00:13:08.0] MENTIONED TO THE COUNCIL BEFORE,

00:13:11.0] THIS IS A SLOWING NUMBER OR

00:13:16.0] DECELERATION AS FAR AS KIND OF

00:13:17.0] MOVING DOWN.

00:13:18.0] SO WE DO FEEL LIKE WE'RE

00:13:19.0] PROBABLY AT A POINT WHERE WE

00:13:21.0] HAVE SEEN THIS BOTTOM AND WE'LL

00:13:23.0] SLOWLY IMPROVE OVER TIME.

00:13:25.0] THE HEALTH CARE JUST ON THE

00:13:26.0] OTHER END THAT HAVE SPECTRUM IS

00:13:27.0] WELL FUNDED AT 2 100% RIGHT NOW.

00:13:32.0] >> I WOULD ADD ON THE HEALTH

00:13:34.0] CARE PIECE AT THE TIME 2 100%

00:13:36.0] AND WE'LL TOUCH ON THIS LATER

00:13:37.0] BUT YOU CAN'T TRANSFER FUNDS

00:13:40.0] FROM HEALTH CARE THE THE HEALTH

00:13:42.0] CAR TRUST TO THE PENSION TRUST,

00:13:44.0] WE NOT ABLE TO DO THAT LEGALLY

00:13:48.0] OTHER THING TO KEEP IN MIND IS

00:13:49.0] OUR HEALTH CARE CONSULTANT HAS

00:13:52.0] SPOKEN TO US ABOUT THE MEDICARE

00:13:58.0] AND THAT THAT THERE ARE CHANGES

00:14:01.0] ANTICIPATED IN IT OVER THE NEXT

00:14:03.0] FEW YEARS.

00:14:05.0] THERE ARE NEW DRUGS ON THE

00:14:07.0] HORIZON, PARTICULARLY AS AN

00:14:11.0] EXAMPLE WEIGHT LOOSE DRUGS AND

00:14:12.0] THE POPULATION BECOMES OLDER SO

00:14:14.0] THEIR RECOMMENDATION IS THAT

00:14:18.0] THIS FUNDING LEVEL IS

00:14:20.0] APPROPRIATE AT IT POINT UNTIL

00:14:21.0] ABOUT 2030 WHEN WE HAVE A BETTER

00:14:24.0] HANDLE ON FUTURE MEDICAL COSTS.

00:14:29.0] JUST FOR CONTEXT LAST YEAR THE

00:14:32.0] HEALTH CARE TR

00:15:11.0] THIS POINT.

00:15:12.0] SO IT DOESN'T, NEW EMPLOYEES

00:15:15.0] DON'T GET HEALTH CARE THROUGH

00:15:18.0] THE HEALTH CARE TRUST IN THE

00:15:19.0] FUTURE WHEN THEY RETIRE, BUT

00:15:23.0] HOPEFULLY THE CITY MAKES

00:15:24.0] ARRANGEMENTS TO BE ABLE TO HELP

00:15:27.0] THEM PROGRESS TOWARD THAT AS

00:15:29.0] THEY GET TO RETIREMENT AGE.

00:15:36.0] >> SO, THAT'S WHERE WE'RE AT

00:15:37.0] FROM A FUNDING PERSPECTIVE,

00:15:41.0] AGAIN WE VIEW 68 AS A FAIRLY

00:15:43.0] HEALTHY NUMBER AS LONG AS THERE

00:15:45.0] IS MINDFUL -- AS LONG AS IT IS

00:15:47.0] KIND OF EYES ON THAT NUMBER,

00:15:49.0] PEOPLE PAYING ATTENTIONS TO IT AND MAKING SURE THAT WE DO

00:15:51.0] IMPROVE THAT GOING FORWARD.

00:15:53.0] BUT WHERE WE'RE AT AS FAR AS

00:15:55.0] OVERALL SYSTEM DEMOGRAPHICALLY

00:15:58.0] SPEAKING, WE'RE ABOUT 8500

00:16:00.0] MEMBERS RETIREES AND ACTIVES,

00:16:03.0] 2.4 BILLION IN ASSETS WHICH

00:16:04.0] LEAVES US ABOUT A 863 UNDER

00:16:08.0] FUNDED LIABILITY.

00:16:09.0] WE TALKED ON THE FUNDED RATIOS.

00:16:14.0] WHEN WE THINK ABOUT THE UNFUNDED

00:16:16.0] LIABILITY, HOW DO WE FILL THAT

00:16:18.0] GAP.

00:16:19.0] 863 MILLION IS A BIG NUMBER, YOU

00:16:20.0] CAN'T DO IT IN ONE YEAR.

00:16:23.0] THERE IS THREE WAYS THAT WE DO

00:16:24.0] LOOK TO CLOSE THAT GAP BETWEEN

00:16:26.0] ASSETS AND LIABILITIES THROUGH

00:16:28.0] CONTRIBUTION RATES BOTH BY THE

00:16:30.0] CITY AND THE EMPLOYEE, AS WELL

00:16:32.0] AS INVESTMENTS.

00:16:33.0] WE WILL TOUCH ON INVESTMENTS IN

00:16:34.0] A MINUTE HERE YOU CAN SEE WHERE

00:16:36.0] WE ARE ANOTHER FROM CONTRIBUTION

00:16:37.0] RATES.

00:16:38.0] NINE% BY EMPLOYEES, THE CITY IS

00:16:41.0] AT 18.5 WE'LL TOUCH ON THAT A

00:16:42.0] LITTLE BIT LATER AS IT HAS MOVED

00:16:43.0] UP FROM THERE, IN 2026 BUT CITY

00:16:47.0] ALSO DOES A EARLY RETIREMENT

00:16:51.0] PROGRAM AND A STABILIZATION

00:16:54.0] FUND, WATERFALL FALL STRUCTURE.

00:16:55.0] SO ESSENTIALLY THAT YOU BOTTLE

00:16:57.0] NUMBER IT IS THE CONTRIBUTION

00:16:59.0] RATE FROM THE CITY TO FUND THAT

00:17:02.0] UNDERSTAND FUNDED LIABILITY.

00:17:03.0] AND THAT IS GO AHEAD --

00:17:05.0] >> THAT IS HAS INCREASED AS JOHN

00:17:07.0] SAID OVER THE LAST FEW YEARS AND

00:17:09.0] WE REALLY APPRECIATIVE OF THE

00:17:11.0] CITY ADMINISTRATION, MAYOR AND

00:17:13.0] COUNCIL, FOR BUMPING THAT UP

00:17:15.0] OVER THAT PETITIONER OVER PERIOD

00:17:18.0] OF TIME OVER THE 16.25% IN THE C

00:17:21.0] S A.

00:17:23.0] >> AS THIS CHART SHOWS, WHAT

00:17:25.0] WE'RE TRYING TO SHOW YOU IS THE

00:17:28.0] DIFFERENCE BETWEEN THE ACT WATER

00:17:29.0] TELLS US WE NEED TO PUT IN THE

00:17:31.0] PLAN EACH MONTH AND WHAT WE HAVE

00:17:33.0] ACTUALLY PUT IN.

00:17:34.0] YOU CAN SEAT DIFFERENCE BETWEEN

00:17:35.0] THAT IS THE BLUE WHICH IS THE

00:17:39.0] ACTUARY AND THE OTHER IS THE

00:17:41.0] NUMBER WE PUT IN.

00:17:42.0] WHILE THERE IS A GAP THERE IT IS

00:17:44.0] MEANINGFULLY CLOSE OVER THE LAST

00:17:45.0] FOUR YEARS.

00:17:46.0] WE HAVE IMPLEMENTED THIS PLAN TO

00:17:48.0] EFFECTIVELY STEP UP THE

00:17:50.0] CONTRIBUTION RATES EACH YEAR, IT

00:17:51.0] IS HARD TO SEE ON THE FAR RIGHT

00:17:54.0] HAND THAT IS SHOWING THE 18 AND

00:17:56.0] A HALF% IF YOU FACTOR IN EARLY

00:18:01.0] RETIREMENT, MONEY FROM THE WONDERFUL STRUCTURE WAFFLE

00:18:03.0] STRUCTURE AND IT IS CLOSED THAT

00:18:05.0] AND THAT HIGHLIGHTING THAT ME

00:18:09.0] THOUGHT CALL PLAN IS THE RIGHT

00:18:11.0] APPROACH TO CLOSING THE GAP WITH

00:18:13.0] UNFUNDED LIABILITY.

00:18:15.0] >> SO QUICKLY WE'LL PIVOT AND

00:18:17.0] TALK ABOUT INVESTMENTS FOR A

00:18:19.0] SECOND.

00:18:20.0] CRS BOARD HAS LIVES AUTHORITY

00:18:22.0] OVER DEVELOPMENTS IN THE TRUST. THEY HAVE A FIDUCIARY

00:18:25.0] RESPONSIBILITY.

00:18:26.0] AND THOSE INVESTMENTS ARE

00:18:29.0] PARTIALLY FUND THE GAP THAT WE

00:18:31.0] HAD EACH YEAR.

00:18:32.0] SO WE HAVE A 7 AND A HALF

00:18:34.0] ASSUMED RATE OF RETURN.

00:18:36.0] BILL AND I OFTEN TALKED ABOUT

00:18:37.0] THIS AS A ALL WEATHER PORTFOLIO,

00:18:40.0] A RESILIENT PORTFOLIO, ROBUST IF

00:18:43.0] YOU WILL.

00:18:44.0] SO WE ARE LOG TO DESIGN AND

00:18:46.0] ASSET ALLOCATION THAT CAN

00:18:47.0] WEATHER ALL VARIOUS ECONOMIC

00:18:51.0] SOMETIMES. WE HAVE TO PAINING THESE

00:18:53.0] BENEFITS EACH MONTH AND WITH

00:18:55.0] HAVE TO ACTIVELY RAISE DOLLARS

00:18:56.0] IN THE FACE OF VOLATILITY IN THE

00:18:58.0] MARKET.

00:18:59.0] SO IT'S MORE DIVERSE WE CAN BE,

00:19:01.0] THE MORE WE CAN BUILD A ROBUST

00:19:04.0] PORTFOLIO WHERE WE DON'T HAVE TO

00:19:05.0] SELL INTO DRAW DOWNS OR LARGE

00:19:07.0] PULL BACKS IN THE EQUITY OR

00:19:09.0] FIXED INCOME MARKET TO FUND

00:19:11.0] THOSE LOCKS LOOKSES, THE MORE

00:19:14.0] EFFICIENT WILL HE WE CAN A HELP

00:19:16.0] CONTRIBUTIONS OF THE OVERALL

00:19:18.0] PLAN AND THAT ASSETS AND

00:19:22.0] LIABILITIES. THIS JUST SHOWS THE LAST ASSET

00:19:24.0] ALLOCATION FOR C R S, AGAIN JUST

00:19:27.0] LOOKING TO BUILD A VERY

00:19:30.0] RESILIENT PORTFOLIO, ONE THAT

00:19:32.0] DOESN'T HAVE ONE LEAVER OR ONE

00:19:34.0] AREA OF THE PORTFOLIO THAT DOES

00:19:37.0] WELL THAT CONTRIBUTES

00:19:39.0] EVERYTHING. SO, U.S. EQUITIES, PRIVATE

00:19:41.0] EQUITIES ROUGHLY ALL THE GROWTH

00:19:42.0] OF THE PORTFOLIO ROUGHLY 50

00:19:46.0] SOME%. KIND OF THINK ABOUT FIXED INCOME

00:19:49.0] AND HEDGE FUNDS THIS IS

00:19:52.0] DEFENSIVE PIECES OF THIS

00:19:54.0] PORTFOLIO AND PRIVATE CREDIT

00:19:55.0] STRUCK YOU GO AND REAL ESTATE

00:19:56.0] TRYING TO DIVERSIFY AND GIVE

00:19:58.0] SOME CONTRACTUAL INFORMATION

00:19:59.0] AGAIN TO MAKE THOSE BENEFIT

00:20:01.0] PAYMENTS EACH MONTH.

00:20:05.0] SO, JUST QUICKLY, WHEN WE THINK

00:20:07.0] ABOUT THE STRATEGIC ASSET

00:20:09.0] ALLOCATION HOW DO WE THINK ABOUT

00:20:10.0] OVERALL STRUCTURE AND DESIGN?

00:20:12.0] WE'RE GOING TO EMPLOYEE ACTIVE

00:20:15.0] INVESTING WHERE WE CAN HAVE

00:20:17.0] MEANINGFUL OUTPUT FROM THOSE

00:20:18.0] MANAGER AND PASSIVE CHEAP

00:20:20.0] INVESTING WHERE WE THINK MARKETS

00:20:22.0] MARKETS ARE VERY EFFICIENT, U.S.

00:20:24.0] EQUITY, ENTER NATION EQUITY

00:20:25.0] MARKETS WE DON'T FEEL THE COST

00:20:27.0] IS REALLY WORTH TRYING TO

00:20:29.0] ACHIEVE ACTIVE ORAL FA IN THOSE

00:20:31.0] MARKETS. SO WE USE FAST I HAVE INVESTING

00:20:33.0] AS' TALKED ABOUT BEFORE WE

00:20:35.0] APPLIAL TURN ACTIVITIES ACROSS

00:20:36.0] THE PORTFOLIO IN THE FORM OF

00:20:39.0] PRIVATE EQUITY, PRIVATE CREDIT,

00:20:41.0] REAL ESTATE INFRASTRUCTURE,

00:20:43.0] HEDGE FUNDS TO DIVERSE FIGHT

00:20:44.0] OVERALL PORTFOLIO.

00:20:47.0] AND CAN YOU SEE THE RETURNS ON

00:20:49.0] THIS PAGE. I WILL JUST POINT

00:20:50.0] YOU TO THE BOTTOM WHEN WE SHOW

00:20:52.0] THE COMPOUNDED RETURNS OF THE C

00:20:54.0] R S PLAN OVER 10, 5, 3 YEAR AND

00:20:57.0] ONE YEAR VERSUS THE MEDIAN

00:21:00.0] PUBLIC PLAN AS WELL AS OUR 7 AND

00:21:02.0] A HALF ASSUMED RATE OF RETURN.

00:21:04.0] WELL ABOVE THAT FOR ALL THOSE

00:21:07.0] COMPOUNDING PERIODS, 10, 5 AND 3

00:21:09.0] AND THE ONE YEAR RETURN.

00:21:12.0] I WILL JUST HIGHLIGHT AS YOU CAN

00:21:14.0] SEE THE PLAN IS SUSCEPTIBLE TO

00:21:18.0] NEGATIVE RETURNS -- INDICATION

00:21:20.0] AND WE HAVE HAD 4 PLUS YEARS OF

00:21:22.0] POSITIVE RETURNS, SO THE FUNDING

00:21:25.0] PLAN WE'RE ABOUT TO MENTION HERE

00:21:27.0] DO I COMMEND STAFF AND EVERYBODY

00:21:29.0] FOR GETTING THIS DONE THIS YEAR

00:21:31.0] IN THE FACE OF STRONG MARKS IT

00:21:33.0] IS EASIER TO DO IF WHEN WE'RE AT

00:21:36.0] ALL TIME HIGHS, CONTRIBUTION

00:21:38.0] RATES ARE AT THE HIGHEST IT WILL

00:21:39.0] LOOK THAT MUCH HEALTHIER NOW AND

00:21:41.0] PROTECT THE PLAN WHEN WE

00:21:43.0] EXPERIENCE ANOTHER BOUGHT OF

00:21:45.0] VOLATILITY IN THE MARKETS.

00:21:49.0] >> I WOULD ADD TO THAT JUST KEEP

00:21:52.0] IN MIND 7.5% WHICH IS IN THE C S

00:21:58.0] A, 7 AND A HALF ASSUMED RATE OF

00:21:59.0] RETURN IS A LITTLE BIT HIGHER

00:22:01.0] THAN OUR PEERS.

00:22:02.0] IT IS ABOUT 6.9 I THINK IS THE

00:22:06.0] PEER RATE SO WE'RE A LITTLE BIT

00:22:08.0] HIGHER. SO WE HAVE TO DO A LITTLE BIT

00:22:11.0] BETTER. THE OTHER THING TO KEEP IN MIND

00:22:14.0] BECAUSE CONTRIBUTIONS IN THE

00:22:17.0] PAST LAG BEHIND WHAT THE ACTUARY

00:22:20.0] DETERMINE POSSIBLE THE

00:22:21.0] CONTRIBUTION.

00:22:22.0] WE HAVE TO USE OUR INVESTMENTS

00:22:24.0] TO PAY BENEFITS THAN PEERS DO AS

00:22:27.0] WELL. HOPEFULLY AS THE PENSION FUNDING

00:22:31.0] PLAN MOVES FORWARD THAT

00:22:34.0] SITUATION WILL BE HELPED.

00:22:35.0] THE OTHER THING TO POINT OUT IS

00:22:38.0] IF YOU LOOK AT THE TEN YEAR, 5

00:22:41.0] YEAR, 1 YEAR WE LOOKED WELL AS

00:22:44.0] COMPARED TO TO THE PEER GROUPS.

00:22:52.0] IN CONCLUSION AND TO FORMAL

00:22:54.0] FUNDING PLAN.

00:22:55.0] AGAIN I JUST WANT TO THANK THE

00:22:57.0] COUNCIL FOR ALL THE WORK THAT

00:22:58.0] THEY PUT INTO THIS, THIS HAS

00:23:01.0] BEEN FOUR YEARS CULMINATING IN

00:23:03.0] THIS PAST YEAR WITH THE C S A

00:23:06.0] AMENDING TO ACCEPT THESE

00:23:07.0] CHANGES, THIS FUNDING PLAN I

00:23:11.0] THINK PUTS THE CITY AND

00:23:14.0] DEFINITELY THE PLAN IN A MUCH

00:23:16.0] SUSTAINABLE OR MORE SUSTAINABLE

00:23:18.0] POSITION, CREATES A LOT MORE

00:23:20.0] BUDGET PREDICT AND FOR THE CITY.

00:23:22.0] PUTS THEM ANY A HEALTHIER

00:23:24.0] SUPPOSE WITH CREDIT RATING

00:23:25.0] AGENCIES AND I DEFINITELY THINK

00:23:27.0] IT IS PUTS C CRS ON A VISIBLE

00:23:32.0] PATH, ONE THAT'S SUSTAINABLE AND

00:23:33.0] PROTECTS THE PROMISE PENSION AND

00:23:35.0] HEALTH CARE BENEFITS THAT WE

00:23:37.0] HAVE GIVEN TO OUR ACTIVE AND

00:23:40.0] RETIREES. I SHOULD HAVE LED WITH THIS

00:23:41.0] PLAN, THERE IS NO CHANGE TO ANY

00:23:44.0] OF THOSE PROMISED BENEFITS.

00:23:45.0] SO THIS IS JUST FUNDING THAT

00:23:47.0] PLAN IS WHAT WE HAVE ACCEPTED

00:23:49.0] AND GET DONE THIS YEAR AGAIN

00:23:50.0] WITH THE I THINK THE HELP OF THE

00:23:53.0] COMMITTEE AND COUNCIL AND STAFF

00:23:55.0] AND RETIREES AND EVERYONE

00:23:58.0] REALLY. BUT WHAT IS DOES THAT PLAN LOOK

00:24:00.0] LIKE?

00:24:01.0] REALITY? HOW ARE WE GOING TO CLOSE THAT

00:24:04.0] 863 MILLION-DOLLAR FUNDING GAP?

00:24:05.0] WE'LL DO IT THROUGH THE THREE

00:24:07.0] LEVERS THAT WE TALKED ABOUT.

00:24:10.0] LEAVING INVESTMENTS ASIDE FOR

00:24:11.0] NOW BUT WE THINK WE'RE IN A GOOD

00:24:13.0] SPOT ON THE INVESTMENTS AND THE

00:24:14.0] WAY THE PORTFOLIO IS DESIGNED.

00:24:18.0] INCREASED EMPLOYER CONTRIBUTION

00:24:21.0] FROM 16 WHETHER IT WAS AT THE

00:24:22.0] START OF MY TENURE HERE WITH THE

00:24:26.0] TO HIGH OF 21.5, IT IS CURRENTLY

00:24:29.0] AT 19.25% RIGHT NOW.

00:24:31.0] WITH STEP UPS BASED ON WHETHER

00:24:33.0] WE'RE ON A PROJECTED PATH TO HIT

00:24:35.0] FULLY FUNDED BY 2049.

00:24:37.0] THE CITY WILL CONTRIBUTE ONE

00:24:40.0] 50 MILLION-DOLLAR INJECTION INTO

00:24:41.0] THE FUND THAT'S HAPPENED ALONG

00:24:42.0] WITH MATCHING 50 FROM RESTRICTED

00:24:45.0] FUNDS STARTING WITH THE

00:24:48.0] 1.5 MILLION INJECTION THIS YEAR,

00:24:51.0] INCREASING 5% UNTIL 2049.

00:24:53.0] WE'LL INCREASE EMPLOYER

00:24:56.0] CONTRIBUTION WITH 25 BASIS POINT

00:24:59.0] STEPS UPS OVER FIVE YEARS AND

00:25:00.0] MOVED THE TARGET FUNDING DATE

00:25:04.0] FROM 2045 TO 2049.

00:25:05.0] WHAT DOES THAT LOOK LIKE?

00:25:07.0] I'M GOING TO COME BACK TO THIS

00:25:09.0] PAGE.

00:25:10.0] WHEN YOU THINK ABOUT THE ACTUAL

00:25:11.0] NUMBERS I DON'T WANT TO GO

00:25:12.0] THROUGH ALL THESE NUMBERS THE

00:25:14.0] PUNCH LINE HERE IS ON THE FAR

00:25:15.0] RIGHT OF THIS, THIS FROM OUR

00:25:19.0] ACTUARY SHOWING WHAT THAT MEANS

00:25:20.0] TO THE PLAN. IF YOU LOOK AT 2045 GO TO THE

00:25:23.0] FAR RIGHT IT WILL BE ALMOST A

00:25:24.0] 100% FUNDED 2045.

00:25:28.0] 91.8 FUNDED AND WELL FUNDED BY

00:25:30.0] 2049 WHICH IS AS GOAL AT 115%.

00:25:32.0] SO WITH THIS PLAN DOES PUTS US

00:25:34.0] ON A CLEAR PATH TO FULLY FUND

00:25:36.0] WITH THE RIGHT TRIGGERS AND

00:25:38.0] MECHANISMS IN PLACE TO PROTECT

00:25:40.0] BOTH THE CITY I THINK AND

00:25:42.0] RETIREES TO MAKE SURE WE

00:25:44.0] ACTUALLY CUED ON THIS PLAN,

00:25:45.0] REGARDLESS OF WHETHER I'M IN

00:25:47.0] THIS OFFICE OR WHO IS IN THE

00:25:50.0] ADMINISTRATION'S OFFICE.

00:25:54.0] THIS PAGE HERE IS HITS WHAT WE

00:25:56.0] TALKED ABOUT ALREADY WHAT DOES

00:25:57.0] THIS MEAN FOR CRS, FOR THE CITY

00:26:00.0] AND COUNCIL?

00:26:01.0] I COULD GET AN IMPROVED WORK

00:26:03.0] FORCE YOU GET A IMPROVED

00:26:05.0] COMMUNITY BENEFIT AND

00:26:07.0] FINANCIALLY FOR THE CITY, YOU

00:26:08.0] KNOW, LONG TERM PENSION RISK IS

00:26:10.0] REDUCED, BUDGET PREDICT ANDS

00:26:13.0] STRENGTHENED AND WE HAVE GREATER

00:26:15.0] VISIBILITY WITH THE CREDIT RATING AGENCIES.

00:26:16.0] HOPEFULLY REDUCING OUR COST TO

00:26:18.0] FINANCES OTHER PROJECTS FOR THE

00:26:19.0] CITY.

00:26:20.0] SO ALL OF THIS I THINK IS VERY,

00:26:22.0] VERY HELPFUL FOR NOT JUST CRS

00:26:24.0] WHEN WE THINK ABOUT THE PENSION

00:26:26.0] TRUST, IT IS HEALTHY FOR THE

00:26:28.0] CITY OVERALL BOTH FROM I BUDGET

00:26:30.0] PERSPECTIVE BUT FROM ROUTING TOP

00:26:31.0] TALENT TO BEING I THINK MORE

00:26:34.0] OPEN TO DIFFERENT PROJECTS.

00:26:38.0] >> AND THIS FUNDING PLAN FOR THE

00:26:40.0] PENSION TRUST I CONSIDER IT TO

00:26:43.0] BE HISTORIC.

00:26:44.0] HAVE I BEEN INVOLVED WITH THE

00:26:49.0] PENSION BOARD AS CITY EMPLOYEE.

00:26:52.0] I WAS AN APPOINTED AND HAVE I

00:26:55.0] BEEN ELECTED AND I CONSIDER THIS

00:26:58.0] TO BE VERY NEW YORK TERMS OF A

00:27:01.0] FUNDING PLAN GOING FORWARD AND

00:27:04.0] CERTAINLY APPRECIATE THE MAYOR,

00:27:07.0] CITY COUNCIL AND THE CITY

00:27:10.0] ADMINISTRATION, THEIR PROCESS

00:27:11.0] FOR APPROVAL IN THIS.

00:27:12.0] IT IS VERY SIGNIFICANT.

00:27:19.0] >> LASTLY I WILL FINISH ON KIND

00:27:24.0] OF, YOU KNOW, OUR OVERALL

00:27:26.0] OBJECTIVE. SO I THINK NOW THAT WE'VE AS

00:27:29.0] CHAIRMAN MOLLER JUST MENTIONED

00:27:31.0] ACCOMPLISHED THIS HISTORICAL

00:27:32.0] FUNDING PLAN, ONE THAT PUTS CRS

00:27:34.0] ON A SUSTAINABLE PATH FORWARD,

00:27:36.0] THERE IS STILL WORK TO BE DONE.

00:27:38.0] EVERY YEAR WE COME UP WITH

00:27:40.0] STRATEGIC OBJECTIVES FOR CRS.

00:27:42.0] WE'RE WORKING ON THOSE PLANS

00:27:43.0] WITH THE BOARD, WITH STAFF.

00:27:46.0] CUSTOMER SERVICE IS ONE OF THE

00:27:47.0] NUMBER ONE PRIORITIES FOR CRS

00:27:50.0] AND THE STAFF AS WELL AS THE

00:27:51.0] BOARD SO WE CONTINUE TO INCLUDE

00:27:52.0] THOSE WITHIN OUR STRATEGIC

00:27:55.0] OBJECTIVES, CONTINUE TO WORK

00:27:57.0] THROUGH THOSE.

00:27:58.0] AND THEN LASTLY, BEFORE CHAIRMAN

00:28:02.0] MOLLER CAN TALK, WE WANT TO

00:28:04.0] CONTINUE TO MAKE SURE WE'RE OPEN

00:28:06.0] AND IN FRONT OF YOU ALL TO MAKE

00:28:08.0] SURE WE DON'T LOSE SIGHT OF

00:28:10.0] THIS. WE WE HAVE THIS HISTORICAL

00:28:12.0] FUNDING PLAN WE DON'T WANT TO

00:28:13.0] LOSE EXCITING OF IT WE DON'T

00:28:15.0] WANT TO FOR BET ABOUT HOW IF YOU

00:28:17.0] DON'T PAY AND THAT.

00:28:19.0] UNFUNDED LIABILITY CAN GROW.

00:28:20.0] AND IF YOU PAY ATTENTION AND

00:28:22.0] MINDFUL OF IT, CAN YOU PROTECT

00:28:23.0] IT AND GROW IT TO A 100%

00:28:26.0] FUNDING. >> THE BOARD'S RECOMMENDATION IS

00:28:32.0] THAT ACTION BE INITIATED IN

00:28:34.0] TERMS OF DISCUSSION WHEN THE

00:28:36.0] FUNDING RATIO IN 204TH GOES TO 8

00:28:41.0] A 5% OR BELOW.

00:28:42.0] CONSIDER THAT THE YELLOW LIGHT

00:28:43.0] THAT COMES ORIGINAL THE CAUTION

00:28:46.0] LIGHT AND RATHER THAN HAVE TO GO

00:28:51.0] INTO PANIC MODE WHEN IT GETS TO

00:28:54.0] 68% IF WE DEAL WITH IT WHEN IT

00:28:55.0] IS AT 85% IT IS MUCH MORE DOABLE

00:29:00.0] AND IT IS LESS CHAOTIC AND LESS

00:29:03.0] TIME CONSUMING. THE

00:29:05.0] RECOMMENDATION IS THAT IF THE

00:29:07.0] 2049 FUNNING RATIOS GOES TO 85%

00:29:10.0] OR BELOW WE INITIATE DISCUSSIONS

00:29:13.0] TO KEEP IT FROM GOING ANY LOWER

00:29:14.0] AND GET IT BACK UP TO A 100%.

00:29:19.0] >> WHY DON'T WE STOP THERE AND

00:29:21.0] SEE IF THERE ARE ANY QUESTIONS

00:29:22.0] OR ANYTHING YOU WANT US TO DIVE

00:29:25.0] DEEPER INTO.

00:29:26.0] >> Councilmember Cramerding:

00:29:27.0] THANK YOU. I MEAN THIS IS GOOD NEWS AND

00:29:32.0] TREMENDOUSLY BETTER NUMBERS THAT

00:29:34.0] THAN WE WERE LOOKING AT WHEN I

00:29:35.0] STARTED IN YOU CAN TAG ABOUT

00:29:37.0] BEING FULLY FUNDED.

00:29:40.0] YOU

00:30:15.0] END?

00:30:16.0] >> JOHN CAN PEEK SO THAT BETTER

00:30:17.0] THAN I CAN.

00:30:18.0] YOU CAN SET UP H.R. AS FOR EMS

00:30:23.0] AND EMPLOYEES AND BUILD UP FUNDS

00:30:24.0] FOR WHEN THEY DO RETIRE.

00:30:26.0] >> SO THERE ARE ELIGIBILITY

00:30:30.0] RULES FOR THOSE TO BE, TO GET

00:30:31.0] HEALTH CARE WHEN THEY RETIRE.

00:30:33.0] SO THERE IS A LARGE GROUP OF

00:30:35.0] CITY EMPLOYEES THAT WON'T BE

00:30:37.0] ELIGIBLE FOR HEALTH CARE WHEN THEY RETIRE.

00:30:38.0] THIS PART OF THE EDUCATION THAT

00:30:40.0] WE DO AS FAR AS ON BOARDING NEW

00:30:43.0] EMPLOYEES, MID CAREER AND THOSE

00:30:48.0] HEAD NOTHING RETIREMENT THROUGH

00:30:49.0] THAT TIME WE'RE TRYING TO

00:30:50.0] AUGMENT THEIR RETIREMENT BENEFIT

00:30:54.0] WITH 457 PLANS TO THEY HAVE

00:30:57.0] OTHER DOLLARS IN TO BUY HEALTH

00:30:58.0] CARE WHEN THEY DO RETIRE IF THEY

00:31:00.0] ARE ABLE TO RETIRE BEFORE 65 AND

00:31:03.0] MEDICARE IS AVAILABLE FOR THEM.

00:31:04.0] IT IS PART OF THE EDUCATION THAT

00:31:06.0] WE TRY TO DO. SO THOSE THAT ARE

00:31:09.0] ELIGIBLE FOR HEALTH CARE WE WILL

00:31:10.0] MAKE SURE, THOSE THAT AREN'T

00:31:12.0] WE'RE GOING TO HELP THEM PREPARE

00:31:15.0] FOR THAT.

00:31:16.0] >> Councilmember Cramerding: SO

00:31:17.0] IF I'M A NEW CITY EMPLOYEE THIS

00:31:18.0] IS NOT A BENEFIT, IT WOULD BE A

00:31:21.0] NEW BENEFIT THAT COULD BE PUT

00:31:22.0] INTO PLACE DUE TO THE LARGE

00:31:26.0] ESTIMATES SITUATION WITH THE

00:31:27.0] HEALTH SYSTEM?

00:31:29.0] >> CORRECT.

00:31:30.0] >> ALSO THERE IS A NUANCE WITH

00:31:32.0] IN THE C S A THAT, YOU KNOW,

00:31:35.0] WHEN I TALK ABOUT WHEN YOU BOIL

00:31:37.0] THE C S A DOWN RETIREES HAD

00:31:43.0] THEIR HEALTH CARE SOLIDIFIED BUT

00:31:47.0] AT THE SAME TIME THEY GAME UP

00:31:48.0] THE COMPOUND COLA ON THE

00:31:51.0] RETIREMENT BENEFIT.

00:31:54.0] SO, IF YOU GET A 3% COLA

00:31:56.0] WHATEVER THAT AMOUNT IS YOUR

00:31:58.0] FIRST YEAR THAT'S THE ADDITION

00:32:00.0] THAT YOU GET. IT DOESN'T COMPOUND ON THE

00:32:04.0] ENTIRE AMOUNT.

00:32:05.0] WHICH HATS BEEN IN PLACE FOR

00:32:08.0] SOME TIME BUT IN TERMS OF 457

00:32:10.0] PLAN AND EDUCATING CITY

00:32:11.0] EMPLOYEES ON THAT, IT MAKES THAT

00:32:15.0] 457 PLAN MUCH MORE IMPORTANT

00:32:19.0] GOING FORWARD TO COMPENSATE FOR

00:32:21.0] THAT LACK OF COMPOUND COLA IN

00:32:23.0] THE FUTURE AND THE RETIREMENT

00:32:25.0] OFFICE HAS BEEN ON THAT AS WELL.

00:32:30.0] >> Councilmember Cramerding:

00:32:31.0] WE'RE VERY FORTUNATE IT IS AN

00:32:32.0] ASSET AT THIS JUNCTURE AND I

00:32:34.0] UNDERSTAND FIRSTLY WE CAN'T

00:32:36.0] TRANSFER THE PENSION, GOT THAT.

00:32:37.0] I UNDERSTAND THERE IS A LOT OF

00:32:39.0] VOLATILITY, DON'T WANT TO THINK

00:32:40.0] ABOUT TOUCHING IT FOR 6 PLUS

00:32:44.0] YEARS SO I ASSUME THAT WITH THIS

00:32:49.0] ASSET THIS WOULD BE A

00:32:50.0] DISCUSSIONS WITH THE BOARD AND

00:32:51.0] CITY ABOUT WHAT THAT WOULD LOOK

00:32:52.0] LIKE AND HOW IT COULD BE BEST

00:32:57.0] USED? >> I ABSOLUTELY ANTICIPATE A

00:32:59.0] LITTLE BIT MORE CLAIR DIFFICULT

00:33:01.0] THE GLP1S JUST WHO IS GOING TO

00:33:04.0] COVER THOSE COSTS?

00:33:05.0] I THINK A LOT OF TIMES A PLAN

00:33:07.0] SPONSOR MIGHT END UP COVERING

00:33:08.0] THOSE COSTS AS THEY BECOME MORE

00:33:11.0] AVAILABLE AND PUSH WIDER AND

00:33:12.0] WIDER WHETHER HE WE TALK DO

00:33:14.0] ACTUARIES THEY ARE A LOT OF

00:33:16.0] UNCERTAINTY ABOUT THESE DRUG

00:33:18.0] COSTS WHO WILL COVER THOSE SO

00:33:19.0] THAT COULD TAKE OUR PROJECTED

00:33:21.0] LIABILITIES QUITE A BIT HIGHER

00:33:22.0] AND REDUCE THAT FUNDING STATUS.

00:33:24.0] THE PLAN IS IN GOOD SHAPE JUST

00:33:26.0] DON'T KNOW IF IT WILL A T AND I

00:33:28.0] A 2 100% FUNDING AT IMPROVING AT

00:33:31.0] THAT CLIP T. STAY WHERE IT IS AT

00:33:33.0] AT THAN A WE'RE HAPPY TO ON

00:33:35.0] ANNUAL BASIS TALK ABOUT WHAT

00:33:37.0] WE'RE SEEING BECAUSE EVERY YEAR

00:33:38.0] WE'LL GET MORE INFORMATION FROM

00:33:39.0] THE ACTUARIES, FROM IMPROVED

00:33:41.0] COMMUNICATION ACSM AND SO.

00:33:44.0] >> Councilmember Cramerding:

00:33:46.0] YEAH. WELL TRY TO SPEND THE MONEY SOON

00:33:48.0] IT IS AN ASSET AS WE MOVE

00:33:50.0] FORWARD OVER THE NEXT DECADES WE

00:33:51.0] SHOULD BE MINDFUL OF SO SOME OF

00:33:54.0] OUTS WON'T BE HERE, ABSOLUTELY

00:33:56.0] BUT IT IS A GOOD PROBLEM TO HAVE

00:34:01.0] RIGHT NABLA WE'RE CAUTIONING THE COUNCIL ADMINISTRATION, WE

00:34:02.0] TALKED TO THEM ABOUT THIS, THIS

00:34:04.0] LOOKS GREAT NOW BUT WE NEED TO

00:34:06.0] BE MINDFUL IT MIGHT NOT LOOK

00:34:08.0] THIS GOOD NEXT YEAR.

00:34:12.0] >> Councilmember Cramerding: AS I SAID IT IS A LONG TERM THING I

00:34:13.0] WOULD BE INTERESTED IN JUST

00:34:15.0] CONTINUING TO GET PRESENT THAL

00:34:17.0] WALL REPORTS, I WOULD BE

00:34:19.0] INTERESTED IN HEARING AS THE

00:34:20.0] PLANS FOR THE HEALTH COMPONENT

00:34:24.0] SLOWLY DEVELOP OVER DECADES AS

00:34:26.0] FAR AS WHAT THOSE OPTIONS WOULD

00:34:27.0] BE.

00:34:28.0] I THINK IT IS IMPORTANT GREAT,

00:34:30.0] ANY QUESTIONS FROM THE VICE

00:34:32.0] CHAIR? ANY QUESTIONS FROM MY

00:34:34.0] COLLEAGUES?

00:34:35.0] COUNCILMEMBER JEFFREYS?

00:34:36.0] >> Councilmember Jeffreys: JUST

00:34:37.0] ONE, THANK YOU AGAIN FOR THIS,

00:34:38.0] THIS IS A GREAT TO HAVE A PLAN

00:34:40.0] TO BE FULLY FUNDED.

00:34:42.0] JUST TO PUT IN CONTEXT, IF YOU

00:34:44.0] THINK ABOUT OTHER CITIES LIKE

00:34:45.0] CHICAGO W WHERE IT IS A REAL

00:34:48.0] TOPIC OF UNFUNDED PENSION

00:34:52.0] LIABILITIES, HOW DOES OUR

00:34:53.0] PERCENTAGE ROUGHLY 68% FUNDED

00:34:55.0] NOW AND IN THE PLAN TO BE FULLY

00:34:57.0] FUNDED COMPARE TO WHERE OTHER

00:34:59.0] CITIES ARE THAT HAVE A PENSION

00:35:03.0] PLAN?

00:35:04.0] >> THE REPORT JUST CAME OUT AND

00:35:06.0] I'M LANDBANKING ON THE NATIONAL

00:35:08.0] AVERAGE, IT WAS PROBABLY CLOSER

00:35:09.0] TO 75%, SO WE WE HAVE OFTEN

00:35:14.0] TALKED ABOUT THERE US A LOT OF

00:35:15.0] DIFFERENT TASKFORCE THAT ARE AT

00:35:16.0] PLAY WHEN YOU TALK ABOUT THAT

00:35:18.0] UNDERSTAND IT HAD RATIO. A BIG ONE IS WHAT DIRECTION IS

00:35:20.0] IT HEADING IN AND THAT'S WHY IT

00:35:21.0] WAS SO TOPICAL FOR COUNCIL AND

00:35:24.0] FOR US BECAUSE OURS WAS HEADING

00:35:30.0] FROM TO 68 AND IT IS HEADED BACK

00:35:32.0] IN THE RIGHT DIRECTION.

00:35:33.0] I WILL POINT IT OUT WHEN I FIRST

00:35:36.0] STARTED HERE PROJECTED FUNDED

00:35:38.0] RATIO WHEN WE LOOKED OUT TO 2045

00:35:41.0] WAS 17%, ALMOST INSOLVENT,

00:35:45.0] RIGHT? JUST THE INCREASE INS

00:35:47.0] CONTRIBUTION RATE ON COMMITTEE

00:35:48.0] HERE HAS APPROVED AND WE HAVE

00:35:50.0] IMPLEMENTED HAVE EACH YEAR HAS

00:35:53.0] MOVED IT FROM 18% FUNDED IN 2045

00:35:56.0] TO 60% TO A 100% WE ARE TODAY.

00:35:59.0] SO, I THINK IT IS REALLY, REALLY

00:36:01.0] HARD TO GET CERTAIN CITIES OR

00:36:03.0] STATE PLANS TO LOOK AT THIS AND

00:36:05.0] AND ON A LONG TERM PLAN, MET

00:36:08.0] METHODICAL ABOUT IT WHICH YOU

00:36:09.0] HAVE DONE.

00:36:10.0] SO IT IS VERY HARD TO GET

00:36:13.0] CERTAIN MOONS TALL PISS OR ESTATE PLANS TO DO THAT TO

00:36:16.0] ANSWER YOUR TYPHIC QUESTIONS I

00:36:17.0] THINK AROUND 75% I WHAT I WOULD

00:36:18.0] CALL THE AVERAGE.

00:36:19.0] >> THERE IS QUITE A RANGE AS

00:36:23.0] WELL. SO THE AVERAGE HAS TO BE LOOKED

00:36:25.0] AT I THINK WITH THE LITTLE BIT

00:36:29.0] OF CLOSENESS BECAUSE THERE ARE

00:36:31.0] RANGE OF FUNDING AMONG

00:36:33.0] RETIREMENT SYSTEMS OUT THERE.

00:36:34.0] SOME ARE VERY LOW AND SOME ARE

00:36:37.0] VERY HIGH.

00:36:39.0] >> Councilmember Jeffreys: JUST

00:36:40.0] TO PUT A FINE POINT THAT THAT

00:36:41.0] BECAUSE YOUR POINT WAS REALLY

00:36:42.0] PROPER FOUND.

00:36:43.0] SO WHEN YOU CAME IN IF WE HADN'T

00:36:46.0] DONE ANYTHING WE DIDN'T INCREASE

00:36:47.0] THE AMOUNT, WE DIDN'T HAVE THE

00:36:49.0] SETTLEMENT THAT WE HAD, IT WOULD

00:36:50.0] HAVE BEEN 17% AND WITH THAT IN

00:36:54.0] THAT SAME PERIOD 2045 WE'RE AT

00:36:59.0] 98%. THAT'S MASSIVE AND SO THANK YOU.

00:37:01.0] AND IT IS REALLY TO YOUR

00:37:03.0] STEWARDSHIP AND YOUR GUIDANCE

00:37:05.0] AND ENCOURAGEMENT OF THE PENSION

00:37:07.0] THAT WE HAVE TAKEN THESE

00:37:09.0] ACTIONS, BUT THANK YOU.

00:37:12.0] >> THANK YOU.

00:37:15.0] >> Councilmember Cramerding: COUNCILMEMBER ANNA ALBI?

00:37:16.0] >> Councilmember Albi: THANK

00:37:17.0] YOU, THANK YOU FOR THIS AND

00:37:18.0] THANK YOU TO MY COLLEAGUES WHO I KNOW HAVE BEEN WORKING AND

00:37:19.0] CHIPPING AWAY ON THIS FOR YEARS.

00:37:21.0] THANK YOU FOR YOUR GUIDANCE AND

00:37:22.0] LEADERSHIP LEADERSHIP.

00:37:24.0] SO AS I LOOK AT THE TIME LINE

00:37:27.0] FOR WHEN WE GET TO THAT 100% I'M

00:37:31.0] CURIOUS FROM THE RETIREMENT

00:37:33.0] BOARD PERSPECTIVE, IS THERE A

00:37:36.0] FUTURE SCENARIO WHERE THERE IS

00:37:37.0] ANY TYPE OF INTEGRATION WITH

00:37:39.0] LIKE A 401A PLAN OR 457B PLAN OR

00:37:43.0] ANY OTHER TYPE OF THINGS THAT

00:37:45.0] WOULD MAYBE WORK DIFFERENTLY

00:37:47.0] THAN HOW OUR PENSION WORKS

00:37:48.0] TODAY?

00:37:49.0] I KNOW OTHER MUNICIPALITIES ARE

00:37:51.0] MOVING IN THAT DIRECTION.

00:37:52.0] I WOULD LOVE TO HEAR A LITTLE

00:37:53.0] BIT OF CONTEXT AROUND THOSE

00:37:55.0] OTHER OPTIONS WE SEE.

00:38:01.0] >> I THINK, YOU KNOW, IT IS IT

00:38:03.0] IS A COMPLEX EVALUATION.

00:38:06.0] I THINK ONE OF THE THINGS TO GET

00:38:09.0] LOST IS A QUITE A BIT OF COST

00:38:12.0] WITH A 401K PLAN.

00:38:14.0] THE WAY THE SYSTEM IS IN PLACE

00:38:16.0] RIGHT NOW IF WE CAN CONTINUE ON

00:38:18.0] THIS PATH AND DEEP FUNDED I

00:38:21.0] DON'T KNOW FROM A COST BENEFIT

00:38:22.0] ANALYSIS IT WOULD MAKE A SENSE

00:38:25.0] TO FEEDS THE PLAN AND SWITCH IT

00:38:26.0] OVER TO A I 401K BECAUSE YOU

00:38:28.0] HAVE A LOT OF COSTS ASSOCIATED

00:38:30.0] WITH RUNNING THOSE.

00:38:31.0] IT MIGHT BE A LITTLE BIT LESS

00:38:33.0] BUT THERE IS STILL COSTS

00:38:34.0] ASSOCIATED WITH IT.

00:38:35.0] SO FROM A COSTING STAFF

00:38:38.0] PERSPECTIVE AND AS LONG AS WE

00:38:39.0] STAY HELLITY AND REMAIN

00:38:41.0] COMMITTED TO IT IT IS PROBLEM

00:38:42.0] ALY BETTER PATH FORWARD TO LEAVE

00:38:44.0] IT AS IS.

00:38:45.0] >> THE OTHER PIECE OF THAT

00:38:47.0] DIFFERENT FROM OTHER SYSTEMS

00:38:48.0] THAT ARE OUT THERE IS WE DO HAVE

00:38:50.0] THE C S A IN PLACE AND THAT IS

00:38:54.0] UNDER THE SUPERVISION OF THE

00:38:56.0] FEDERAL COURT AND ANY CHANGE TO

00:38:58.0] THAT WOULD REQUIRE A SIGNIFICANT

00:39:00.0] AMOUNT OF NEGOTIATIONS BACK AND

00:39:02.0] FORTH.

00:39:03.0] SO IT WOULD BE VERY, VERY

00:39:05.0] DIFFICULT TASK, VERY TALL

00:39:07.0] MOUNTAIN TO CLIMB.

00:39:09.0] >> Councilmember Albi:

00:39:10.0] APPRECIATE IT. I WANTED TO GET A SENSE BECAUSE

00:39:11.0] THERE IS MORE THAN ONE 2023 DO

00:39:14.0] RETIREMENT BENEFITS AND

00:39:16.0] DIFFERENT GOVERNMENTS HAVE

00:39:17.0] DIFFERENT APPROACHES.

00:39:18.0] AS I REMEMBER WE'RE THE ONLY

00:39:19.0] CITY IN OHIO THAT HAS OUR OTHER

00:39:21.0] RETIREMENT PLAN, EVERYBODY ELSE

00:39:25.0] THIS OWE PERCENT, WE'RE ALREADY

00:39:26.0] IN THE A THAT PROBE A LIT BY THE

00:39:28.0] ABOUT OTHER MODELS THAT ARE OUT

00:39:29.0] THERE.

00:39:30.0] AND IF WE SEE ANYTHING ELSE THAT

00:39:31.0] SEEMS LIKE BEST IN CLASS THAT WE

00:39:33.0] WANT TO WORK TOWARD EVENTUALLY.

00:39:35.0] >> FOR SOME OF THEM THE BASIS IS

00:39:39.0] WHO ACCEPTS THE RISK.

00:39:42.0] IS AT THE TIME EMPLOYER OR

00:39:44.0] EMPLOYEE?

00:39:45.0] AND THAT'S A BIG DUO HAVE DO

00:39:47.0] ANSWER.

00:39:48.0] >> Councilmember Albi: APPRECIATE IT, THANK YOU.

00:39:56.0] >> Vice Mayor Kearney: GREAT

00:39:57.0] INFORMATION, GOOD FINANCIAL

00:39:58.0] ANONYMOUS NEWS TO SAY WE STARTED

00:39:59.0] AT 17% WHEN WE FIRST CAME ON THE

00:40:03.0] THESE WHY OUR EMS EMPLOYEES WERE

00:40:07.0] SO NERVOUS ABOUT THEIR PENSIONS

00:40:08.0] THE LEVEL OF CONFIDENT DENSE

00:40:10.0] SHOULD BE RECEIPT I HIGH RIGHT

00:40:14.0] NOW.

00:40:15.0] AND YOU KEEPS COME UP I DON'T

00:40:19.0] REMEMBER WHAT CAME UP.

00:40:21.0] THE FIRE AND POLICE ARE PART OF

00:40:24.0] THE OWE% SYSTEM OPERS SYSTEM AND

00:40:28.0] WE'RE NOT, @ AND PEOPLE HAVE

00:40:31.0] ASKED US WHY AREN'T WE ROINING

00:40:34.0] OPERS AND YOU GAVE SOME FOR THAT

00:40:37.0] BEFORE. I DON'T REMEMBER WHAT THEY WERE

00:40:38.0] BUT YOU GAVE A GOOD EXPLANATION

00:40:39.0] I'M SURE LAST YEAR.

00:40:41.0] >> I MEAN I THINK A COUPLE OF

00:40:44.0] THINGS, A, WHAT CHAIRMAN MOLLER

00:40:46.0] JUST MENTIONED THERE IS A LOT OF

00:40:50.0] ROADBLOCKS WITH THE C S A WITH

00:40:52.0] INTEGRATING INTO OPERS.

00:40:54.0] THERE ITS DIFFERENT MECHANIC

00:40:56.0] INVOLVED AS FAR AS HOW WE CALCULATE BENEFITS, HOW THEY

00:40:58.0] CALCULATE BENEFITS.

00:41:00.0] >> Vice Mayor Kearney: SPEAK

00:41:01.0] CLOSER TO THE MICROPHONE.

00:41:02.0] >> THE WAY WE CALCULATE, THEY

00:41:03.0] THE WAY THEY CALCULATE, THE WE

00:41:06.0] AND THEY PROVIDE HEALTH CARE, IT

00:41:08.0] IS KIND OF A ROAD ROUND PEG INTO

00:41:11.0] EYE SWEAR HOLE. YOU WOULD HAVE TO DO A LOT OF

00:41:13.0] WORK TO DO THAT.

00:41:15.0] THE ARGUMENT I ALWAYS LIKE TO

00:41:19.0] PRESENT TOO IS WE TALKED ABOUT

00:41:21.0] THIS AS A LIABILITY BUT YOUR

00:41:23.0] PENSION SYSTEM AND WHAT IT MEANS

00:41:25.0] TO EMPLOYEES IS A ASSET TO THE

00:41:27.0] CITY. SO, IF YOU FIX IT AND GET IT TO

00:41:30.0] A LEVEL THAT'S CLOSE TOGETHER

00:41:32.0] 835% FUNDING WHERE OPERS IS AND

00:41:35.0] WHERE WE WOULD BE REQUIRED TO BE

00:41:37.0] AT TO FOLD INTO THEIR SYSTEM.

00:41:38.0] ONCE YOU FIX SOMETHING WHY WOULD

00:41:40.0] YOU JUST SAUL THE SUDDEN GIVE UP

00:41:42.0] CONTROL OF THAT ASSET, RIGHT?

00:41:45.0] SO IT IS SOUL YOU TO CONSIDER

00:41:47.0] FOR THE CITY IS THAT THIS IS IS

00:41:48.0] AN ASSET THAT HELPS WITH

00:41:50.0] ROUTING.

00:41:51.0] WHEN WE TALK ABOUT 401K PLAN YOU

00:41:52.0] ARE SAYING, HEY, YOUR RETIREMENT

00:41:55.0] IS ON YOU NOT EMPLOYEE WHEREAS

00:41:57.0] ONE OF THE BENEFITS WORK WORKING

00:41:58.0] FOR THE CITY THAT'S ONUS IS ON

00:42:00.0] US, THE CITY.

00:42:02.0] SO IT IS ASLEEP AT NIGHT FEELING

00:42:04.0] FOR THOSE MEMBERS THAT ARE

00:42:06.0] ACTIVE EMPLOYEES OR RETIREES.

00:42:08.0] SO THOSE ARE THINGS TO CONSIDER.

00:42:10.0] THIS OPERATIONALLY WOULD BE VERY

00:42:12.0] DIFFICULT AND IF YOU FIX THE

00:42:13.0] ASSET AND HAVE IT WHY GET RID OF

00:42:17.0] IT. LAST THING I POINT OUT POLICE

00:42:19.0] AND FIRE ROLL UP INTO OHIO

00:42:22.0] POLICE AND FIRE FUND. THE CITY HAS A COST ASSOCIATED

00:42:24.0] WITH FUND THAT'S LIABILITY.

00:42:26.0] WE PAY UP INTO THAT SYSTEM IT IS

00:42:27.0] JUST NOT CALLED CITY OF

00:42:29.0] CINCINNATI IT IS CALLED OPNF.

00:42:31.0] IF WE ROLLED UP INTO OPERSS AT

00:42:34.0] THE TIME DOESN'T WATCH ITS HAND

00:42:36.0] OF THAT OBJECT INDICATION GAY,

00:42:38.0] THEY STILL HAVE TO MAKE A

00:42:40.0] CONTRIBUTION TO THAT PLAN. >>

00:42:42.0] >> Vice Mayor Kearney: THAT MAKES SENSE I KNOW THAT SOMEONE

00:42:43.0] CALLED US AND THEY WERE SAYING

00:42:45.0] THEY USED TO BE IN ONE SYSTEM,

00:42:47.0] IN THE OPERS SYSTEM AND NOW THEY

00:42:49.0] ARE IN OUR CITY RETIREMENT

00:42:52.0] SYSTEM AND DOES THAT AFFECT HOW

00:42:54.0] LONG THEY HAVE TO WORK BEFORE

00:42:55.0] THEY CAN ACTUALLY FULLY RETIRE?

00:42:59.0] IS THERE A AGE OR NOT AGE

00:43:01.0] DIFFERENCE BUT A TIME, NUMBER OF

00:43:04.0] YEARS IN THE SYSTEM DIFFERENCE?

00:43:09.0] >> DEFINITELY DIFFERENT RULES

00:43:10.0] AND DEPENDING WHEN YOU WERE

00:43:12.0] HIRED FOR EACH GROUP IT IS

00:43:13.0] FAIRLY COMPLICATED THE ANSWER TO

00:43:15.0] THAT DIRECTLY YES, IT IS VERY

00:43:17.0] COMPLICATED FOR CERTAIN INDIVIDUALS WHEN THEY CAN RETIRE

00:43:18.0] AND WHEN THEY CAN'T DEPENDING

00:43:20.0] WHAT SYSTEM THEY ARE IN.

00:43:23.0] >> Vice Mayor Kearney: AND SO,

00:43:28.0] YOU MENTIONED 34 OBJECTIVES, NOT

00:43:30.0] THAT YOU WANT YOU TO MENTION ALL

00:43:32.0] OF THEM. I WANT TO FIND THEM, I'M TRYING

00:43:34.0] TO FIND THE PLACE IN YOUR

00:43:36.0] PRESENTATION YOU MENTIONED THERE

00:43:38.0] ARE 34 OBJECT OBJECTIVES.

00:43:40.0] >> I'M HAPPY TO FOLLOW-UP TO THE

00:43:42.0] COUNCIL WITH THE OBJECTIVES, WE

00:43:44.0] SET THEM EVERY YEAR WITH THE CRS

00:43:46.0] BOARD.

00:43:47.0] WE SET THEIR OBJECTIVES AND

00:43:48.0] THEIR OBJECTIVES THAT ARE ON THE

00:43:51.0] WEBSITE. CAN YOU FIND OUR OBJECTIVES

00:43:54.0] POSTED THERE.

00:43:55.0] FROM THINGS LIKE PRESENT TO GO

00:43:57.0] COUNCIL ANNUAL REPORT TO

00:43:59.0] CUSTOMER SERVICE TO WE HAVE

00:44:00.0] MEMBERS DIRECT WHICH IS A

00:44:02.0] WEBSITE WHERE ACTIVE MEMBERS

00:44:03.0] WITH LOOK AT THEIR BALANCES

00:44:05.0] MAKES THOSE USER FRIENDLY SO IT

00:44:07.0] RANGE FROM THAT TO THE

00:44:09.0] INVESTMENT SIDE OF THINGS.

00:44:11.0] >> Vice Mayor Kearney: GREAT,

00:44:12.0] THANK YOU SO MUCH.

00:44:13.0] YOU REALLY. >> A IF I DUTCH ARREST AUDIT

00:44:15.0] DONE A COUPLE YEARS THAT'S NON

00:44:17.0] FINANCIAL, IT IS A FIDUCIARY

00:44:18.0] AUDIT TO TEST US AGAINST THE

00:44:20.0] INDUSTRY AND WE CAME OUT

00:44:21.0] PROPERTY I WELL WITH THAT BUT AS

00:44:24.0] PART OF THIS EFFORT TO ESTABLISH

00:44:27.0] GOALS THAT WAS VERY HELPFUL.

00:44:28.0] SO

00:45:00.0] >> Councilmember Cramerding:

00:45:01.0] THANK YOU AGAIN. THIS IS GREAT NEWS, CERTAIN

00:45:04.0] THINGS IN CINCINNATI CAN BECOME

00:45:07.0] A REFRAIN AND SOMETIMES THE

00:45:08.0] THOUGHT THAT THE PENSION SYSTEM

00:45:10.0] IS A CAT CHRIS MCSTATE HAS BEEN

00:45:13.0] REPEATED OVER THE DECADES, SO

00:45:16.0] THIS CHANGES ARE GREAT NEWS.

00:45:18.0] AND THESE ALL CAME AFTER THE

00:45:20.0] CINCINNATI FUTURES REPORT TOO,

00:45:22.0] SO, A LOT OF INDUSTRY REPORT AND

00:45:24.0] NOT SUGGESTING IT CHANGES THAT

00:45:25.0] BUT THIS IS VERY NEW DATA THAN

00:45:28.0] WHAT THE FUTURES COMMISSION WAS

00:45:29.0] LOOKING AT. SO THAT WILL CHANGE THE DYNAMIC

00:45:32.0] AND IT TOOK A LOT OF WORK FOR US

00:45:34.0] TO GET HERE. SO JUST TO THANK

00:45:36.0] THE EMPLOYEES, THANK THE BOARD

00:45:38.0] WHO OVERSAW THIS, TO THANK

00:45:41.0] EMPLOYEES WHO DID INCREASE THEIR

00:45:43.0] CONTRIBUTION, TO THANK THE

00:45:44.0] ADMINISTRATION WHO GUIDE US AND

00:45:47.0] GRADUALLY INCREASE OUR

00:45:48.0] CONTRIBUTION.

00:45:49.0] AND, YOU KNOW, THE $50 MILLION

00:45:51.0] THAT WE INSERTED WAS ARPA

00:45:53.0] DOLLARS AND IT HAS BEEN WELL

00:45:56.0] PUBLICIZED THAT A LOT OF OTHER

00:45:58.0] MUNICIPALITIES SORT OF CREATED

00:45:59.0] NEW OPERATING EXPENSES AND THOSE

00:46:03.0] FUNDS RAN OUT AND THEY HAD TO

00:46:05.0] LAYOFF PEOPLE AND MAKE DIFFICULT

00:46:07.0] DECISIONS. SO I CREDIT THIS COUNCIL,

00:46:09.0] FUTURE/OWE PAST COUNCILS FOR

00:46:10.0] HOLDING OFF, NOT SPEND THAT'S

00:46:13.0] $50 MILLION, LETTING US PUT IN

00:46:15.0] THIS PENSION FUND WHICH MADE

00:46:16.0] THIS HAPPEN.

00:46:17.0] SO, I CREDIT TO ALL OF THEM.

00:46:21.0] THANK YOU, I SEE NO OTHER

00:46:22.0] QUESTIONS SO THANK YOU FOR YOUR

00:46:24.0] REPORT. WE WILL SEE YOU NEXT YEAR AND

00:46:26.0] WE'LL BE IN TOUCH BEFOREHAND.

00:46:27.0] ANY FINAL COMMENTS?

00:46:29.0] >> THANK YOU FOR YOUR SUPPORT,

00:46:30.0] THANK YOU COMMITTEE FOR THE SPOT

00:46:32.0] SUPPORT FOR THE SYSTEM AND

00:46:35.0] APPRECIATE APPRECIATE THE OPPORTUNITY TO BE HERE TODAY.

00:46:37.0] >> THANK YOU.

00:46:42.0] >> Councilmember Cramerding: AL

00:46:43.0] RIGHT, WE WILL FILE THE

00:46:44.0] PRESENTATION.

00:46:45.0] COUNCILMEMBER WALSH DID YOU WANT

00:46:46.0] TO INTRODUCE ITEM NUMBER 1?

00:46:48.0] >> Councilmember Walsh:

00:46:49.0] CERTAINLY, THANK YOU,

00:46:52.0] MR. CHAIRMAN. A LOT OF QUESTIONS REGARDING TIF

00:46:55.0] HERE. SO TO KIND OF BACK IT UP A

00:46:57.0] LITTLE BIT FOR SOME INFORMATION

00:46:59.0] HERE. I LOOKED AT MY NOTES SAY JUNE 8

00:47:01.0] OF THIS YEAR, ITEM 2026, 0127

00:47:06.0] PASSED MOTION TO UPDATE THE TIF

00:47:08.0] POLICY STORE THE CINCINNATI.

00:47:11.0] THE LAST LINE JUST ASKED THAT WE

00:47:13.0] IN THE AUGUST SECTION.

00:47:15.0] WE'RE IN OCTOBER BUT YOU KNOW

00:47:17.0] WE'RE HERE.

00:47:18.0] TO BACK IT UP EVEN FURTHER THAN

00:47:20.0] THAT WHAT INITIATED THIS ENTIRE

00:47:22.0] CONVERSATION IS THAT LAST YEAR

00:47:23.0] WE WERE TRYING, TWO YEARS AGO WE

00:47:25.0] WERE TRYING TO FIGURE OUT HOW TO

00:47:26.0] GET MONEY OUT THE DOOR TO MAKE

00:47:29.0] PROJECTS HAPPEN AS FAST AT

00:47:30.0] POSSIBLE BECAUSE WE KEPT HEARING

00:47:31.0] THERE WAS A PROBLEM WITHIN THE

00:47:32.0] CITY IN HOW YOU COULD GETTING A

00:47:34.0] SOCIAL SECURITY TO TIF MONEY.

00:47:36.0] THIS COUNCIL ASKED FOR A AUDIT

00:47:38.0] OF EXISTING POLICIES AND WE

00:47:39.0] FOUND WE DON'T HAVE A EXISTING

00:47:41.0] TIF POLICY.

00:47:42.0] A LITTLE STAND ALONE TIF

00:47:44.0] POLICIES WE DON'T HAVE ONE TIF

00:47:46.0] POLICY. SO WHAT THIS SET OUT TO

00:47:47.0] DO IS TAKE ALL THOSE LITTLE

00:47:49.0] POLICIES AND PUT THEM IN ONE

00:47:50.0] PLACE AND NEIGHBORING UNIFORM SO

00:47:52.0] WHEN WE WANT TO MAKE ADJUSTMENTS

00:47:54.0] QUESTION GO THROUGH THIS.

00:47:55.0] WE ENGAGED WITH VARIOUS

00:47:57.0] COMMUNITY GROUPS OVER A COURSE

00:47:58.0] OF A YEAR AND A HALF.

00:47:59.0] SOUNDS LIKE WE MISSED A FEE FEW

00:48:01.0] YEAR I APOLOGIZE ON BEHALF OF

00:48:03.0] THAT. THE CONVERSATIONS STEMMED OFF

00:48:05.0] MOST OF THIS, MOST IF NOT ALL

00:48:07.0] SHOULD NUMBER LINE WITH WHAT

00:48:09.0] ALREADY EXISTS FOR THE POLICIES,

00:48:12.0] FOR EXAMPLE COUNCILMEMBER JEFFREYS AND I WERE TALKING

00:48:14.0] EARLIER TODAY ABOUT THE

00:48:15.0] DASHBOARD. THE DASHBOARD EXISTS THROUGH AT

00:48:18.0] TRANSPORTATION TRANSPARENCY

00:48:21.0] NORWOOD 2020 BY DAVID MAN AT

00:48:22.0] THAT TIME.

00:48:23.0] WE WANTED TO MAKE SURE IT WAS

00:48:25.0] ENSHRINED IN THIS.

00:48:26.0] THERE ARE WAYS TO GROW AND

00:48:29.0] EVOLVED IT ACKNOWLEDGES THE

00:48:30.0] EXISTING DASHBOARD.

00:48:31.0] CAN YOU FIND VARIOUS LEVELS IN

00:48:33.0] WHICH IT ALREADY EXISTS IN SOME

00:48:34.0] POLICY AND HOW WE MAKE THIS A

00:48:36.0] ONE OFF.

00:48:37.0] WHERE THIS ADJUSTED A LITTLE BIT

00:48:39.0] AT THE SAME TIME THE

00:48:40.0] NEIGHBORHOOD DEVELOPMENT FUND

00:48:41.0] WAS COMING INTO FRUITION.

00:48:43.0] THE NEIGHBORHOOD DEVELOPMENT

00:48:44.0] FUND IS THE ATTEMPT BY THIS

00:48:46.0] COUNCIL TO GET ALL OF OUR FUNDS

00:48:47.0] INTO ONE SOURCE THAT ONE

00:48:49.0] APPLICATION DID EXIST FOR PEOPLE

00:48:51.0] TO APPLY FOR AND APPROPRIATE

00:48:53.0] PARTIES TO FIGURE OUT WHERE THE

00:48:54.0] BEST SOURCES AND USES ARE.

00:48:56.0] TIF MONEY TO REMIND EVERYONE

00:48:58.0] HERE HAS TO BE USED WITH IN THE

00:49:01.0] DISTRICT IT COMES FROM.

00:49:03.0] SO WHAT WAS THE GOAL HERE IS

00:49:05.0] THAT, AND WE HAD A LOT OF

00:49:07.0] COMPLAINTS, THAT CERTAIN

00:49:08.0] COMMUNITIES WILL HAVE TIF AND

00:49:09.0] THEY WILL GET THE CITY MONEY AND

00:49:10.0] IT SEEMS LIKE THEY CONSTANTLY

00:49:12.0] WIN AND WIN AND WIN AND OTHER

00:49:13.0] COMMUNITIES THAT DON'T HAVE TIF

00:49:15.0] THAT GET LEFT BEHIND BECAUSE

00:49:16.0] THEY ARE NOT ACCESSING IT.

00:49:18.0] AND THIS NEIGHBORHOOD

00:49:20.0] DEVELOPMENT FUND HOW YOU PUT TIF

00:49:21.0] MONEY INTO THE CONSIDERATION SO

00:49:22.0] THAT YOU DON'T HAVE A COMMUNITY

00:49:24.0] THAT'S FLUSH WITH TIF MONEY

00:49:25.0] TAKING MONEY FROM VARIOUS FINITE

00:49:28.0] AMOUNT OF MONEY FROM THE CAPITAL

00:49:29.0] FUND WHILE WE COULD BE COBBING

00:49:32.0] ACCESSING THE TIF T.

00:49:33.0] HOW DO WE MERGE THOSE TOGETHER

00:49:35.0] WHICH LED TO THAT # 50 MIGHT

00:49:37.0] THAT YOU SEE WITHIN HERE.

00:49:40.0] THE 5050 SPLIT ESSENTIALLY SAYS

00:49:41.0] WE'RE GOING IT TAKE HALF THE

00:49:42.0] MONEY THAT EXISTS RIGHT NOW IN

00:49:44.0] TIF ACCOUNTS AND PUT IT IN THE

00:49:46.0] NEIGHBORHOOD DEVELOPMENT FUND.

00:49:48.0] THAT WILL COME OUT TO SOME WHERE

00:49:51.0] IN 50 MILLION-DOLLAR RANGE WHICH

00:49:52.0] WE WILL BE SEEING AN ORDINANCE

00:49:54.0] ON IN THE COMING WEEKS.

00:49:55.0] THAT MONEY WILL BE LOOTERRED

00:49:58.0] THREW CDF IN THE NEIGHBORHOOD

00:49:59.0] DEVELOPMENT FUND OF WHICH THAT

00:50:01.0] INCLUDES AFFORDABLE HOUSING

00:50:02.0] HOUSING TRUST AND THAT PROGRAMS

00:50:03.0] THAT THE CITY OF CINCINNATI

00:50:04.0] ALREADY OPERATES AND PUTS OUT

00:50:05.0] THERE.

00:50:06.0] WE WILL THEN STILL HAVE TO

00:50:07.0] APPROVE IT.

00:50:08.0] STILL HAS TO COME BACK TO US.

00:50:10.0] PART THAT HAVE APPLICATION IS

00:50:12.0] CONTINUED COMMUNITY ENGAGEMENT

00:50:13.0] TO MAKE SURE THE COMMUNITY WORKING WITH WHATEVER THE

00:50:14.0] PROJECT IS THAT IS COMING

00:50:16.0] FORWARD.

00:50:17.0] I ASK COUNCILMEMBER NOLAN TO

00:50:18.0] DISCUSS THAT MORE AS HE HAS BEEN

00:50:20.0] SPEAR HEEDING THE NEIGHBORHOOD

00:50:22.0] DEVELOPMENT FUND. THE SECOND PART AND AS WE SPELL

00:50:24.0] OUT HERE AS WE DO TO THIS POLICY

00:50:27.0] DOCUMENT IT MAKES IT MORE CLEAR

00:50:30.0] ENGLISH. THE OTHER 50% IS

00:50:33.0] STILL, IT ISTIVE DISTRICT A

00:50:36.0] IMPROVED BY COUNCIL AND FUNDED

00:50:37.0] PROJECTS DRIVEN BY AND DONE WITH

00:50:39.0] COLLABORATION OF THWART

00:50:40.0] COMMUNITY BASED ORGANIZATIONS.

00:50:41.0] THAT'S STILL USING THE MONEY AS

00:50:43.0] HISTORICALLY BEEN CONSIDERED. SO IT ACTUALLY SHOULD HOPEFULLY

00:50:45.0] FREE UP MORE MONEY FOR US TO BE

00:50:46.0] DOING THESE PROGRAMS WITH IN THE

00:50:48.0] COMMUNITY. HAVING COME FROM THIS FIELD ONE

00:50:49.0] OF THE BIG EFFORT AREAS THOSE

00:50:51.0] PROJECTS WE ARE OFTEN FIGHTING A

00:50:53.0] NBDIP OVER A $2 MILLION.

00:50:55.0] NOW THESE COMMUNITIES HAVE AN

00:50:56.0] OPPORTUNITY TO GROW.

00:50:59.0] HOPEFULLY I ASKED MOCH THE

00:51:00.0] INITIAL QUESTIONS, I KNOW THERE

00:51:01.0] WILL BE ADDITION AM ONES.

00:51:05.0] ONE QUESTION COUNCILMEMBER OWENS PUT ON THE RECORD, I KNOW WILL

00:51:06.0] YOU ASK IN A SECOND.

00:51:08.0] IF A DEVELOPER CAME TO ASK FOR

00:51:11.0] PICK A NUMBER THEY WERE TRYING

00:51:12.0] TO DO IN NAY NEIGHBORHOOD 5 THEY

00:51:15.0] NEEDED $5 MILLION AND THERE IS

00:51:16.0] ONLY $3 MILLION IN THE TIF IN

00:51:17.0] THAT BUCKET FROM NEIGHBORHOOD

00:51:20.0] DEVELOPMENT FUND, THE FIRST GO

00:51:22.0] FOR THAT 3 MILLION THEORETICALLY

00:51:24.0] AND CDF COULD DECIDE IF THEY

00:51:26.0] WANT TO ALLOCATE AN ADDITIONAL

00:51:29.0] FUNDS FROM THE NDF.

00:51:30.0] IF THEY DID NOT THE DEVELOPER

00:51:32.0] COULD GO TO THE COMMUNITY FOR

00:51:33.0] ANOTHER ADDITIONAL 350% TO

00:51:35.0] SUPPORT THEM. THE COMMUNITY HAS THAT SAY AT

00:51:37.0] THAT STAGE WITH THAT 50% IT IS

00:51:40.0] TWO DIFFERENT METRICS.

00:51:41.0] ON THE FIRST APPLICATION SHE

00:51:42.0] STILL HAVE TO ASK FOR T. IT IS

00:51:44.0] DOES NOT PROHIBIT FROM BEING

00:51:45.0] ABLE TO DOUBLE DIP IF YOU WILL

00:51:48.0] BUT MAKES IT MORE STRINGENT THEY

00:51:50.0] ARE GOING THROUGH ALL THE

00:51:51.0] OPPORTUNITIES THAT EXIST WITH THE CITY BEFORE COMING TO ASK

00:51:53.0] THE COMMUNITY TO DIP INTO THAT

00:51:55.0] ADDITIONAL FUNDS.

00:51:56.0] I THINK THAT'S A VERY RARE

00:51:58.0] HYPOTHETICAL THAT WE HAVE SEEN

00:52:00.0] BUT IT IS ONE AT THE MENTION, IT

00:52:02.0] DOES NOT PROHIBIT THAT REQUIRES

00:52:04.0] THE COMMUNITY FUND AS SPELL OUT

00:52:05.0] IN THE POLICY.

00:52:07.0] SO, FROMLY WILL TAKE QUESTIONS.

00:52:08.0] I DON'T KNOW IF I EXPLAINED THAT

00:52:10.0] VERY WELL BUT I TRIED TO BE AS

00:52:12.0] COMPREHENSIVE AS POSSIBLE.

00:52:19.0] >> Councilmember Cramerding: SO,

00:52:23.0] -- COUNCILMEMBER WALSH HAS

00:52:30.0] OFFERED TO DO TO TAKE SOME

00:52:31.0] QUESTIONS.

00:52:32.0] SO THESE WILL BE QUESTIONS FOR

00:52:33.0] COUNCILMEMBER WALSH STARTING

00:52:34.0] WITH THE VICE MAYOR.

00:52:36.0] >> Vice Mayor Kearney: THANK

00:52:37.0] YOU, SO JUST TO ADDRESS SOME

00:52:38.0] CONCERNS THAT WE HEARD, SO AND

00:52:41.0] I'M SURE YOU EXPLAINED IT REALLY

00:52:42.0] WELL, IT WAS PRETTY FAST SO CAN

00:52:44.0] WE JUST SLOW IT DOWN A BIT.

00:52:46.0] SO YOU ARE SAYING INSTEAD OFTIVE

00:52:50.0] FUNDS BEING LOOTED TO THE

00:52:52.0] DIFFERENT NEIGHBORHOODS IT IS

00:52:53.0] ALL GOING TO BE ONE POT?

00:52:55.0] ARE YOU SAYING THAT OR ARE THE

00:52:57.0] NEIGHBORHOOD -- NO YOU ARE NOT

00:52:58.0] SAYING THAT? SO LIKE AVONDALE WOULD STILL

00:53:00.0] HAVE TIF FUNDS, EVANSTON WILL

00:53:03.0] HAVE THEIR TIF FUNDS?

00:53:07.0] >> Councilmember Walsh: IT COULD

00:53:08.0] READ THAT WAY, BUT STATE LAW

00:53:10.0] STILL REQUIRES TIF DISTRICTS ARE

00:53:12.0] TIF DISTRICTS AT THE END OF THE

00:53:13.0] DAY. WE'RE TRYING TO CENTRALIZE ONE

00:53:17.0] APPLICATION AND THAT PIPELINE

00:53:19.0] THE NEIGHBORHOOD DEVELOPMENT

00:53:20.0] FUND. SO IF YOU ARE A DEVELOPER IN

00:53:23.0] WE'LL SAY AVONDALE TODAY, WHO IS

00:53:24.0] TRYING TO APPLY FOR MONEY, IF

00:53:26.0] YOU JUST DID THE ONE PIPELINE

00:53:30.0] AND WAS NOT TIED INTO IT.

00:53:32.0] THEY WOULD BE ONGOING SOURCE OF

00:53:33.0] FUNDS WITHOUT ACCESS TO WHAT

00:53:35.0] SHOULD BE THE AVONDALE TIF MONEY

00:53:38.0] FOR THE CONVERSATION THERE. SO THIS TIES THOSE TOGETHER AND

00:53:41.0] AS THE CDF AND THAT ENTITIES

00:53:43.0] LOOKING AT IT THEY CAN SAY

00:53:44.0] PROJECTS IN AVONDALE LET'S LOOK

00:53:47.0] AT THE AVONDALE TIF THAT HAS

00:53:48.0] BEEN ALLOCATE INTOED THIS

00:53:49.0] NEIGHBORHOOD DEVELOPMENT FUND,

00:53:50.0] WHATEVER THAT NUMBER IS, DOES

00:53:51.0] THAT HELP CLOSE THE GAP.

00:53:53.0] IF YES GO THAT ROUTE, IF NO THEY

00:53:56.0] CAN LOOK AT OTHER OPTION IT'S.

00:53:58.0] BUT THE TIF DISTRICT IS STILL

00:54:00.0] REQUIRED TO BE TIF DISTRICTS.

00:54:02.0] >> Vice Mayor Kearney: SO WE'RE

00:54:03.0] KEEPING TIF DISTRICTS AND THE

00:54:04.0] CDF IS DECIDING ON THAT

00:54:06.0] ALLOCATION BUT WHERE DOES THE

00:54:08.0] COMMUNITY ENGAGEMENT.

00:54:09.0] SO IN DAVID MANN 301-2020 MOTION

00:54:14.0] OR ORDINANCE THAT YOUR POLICY,

00:54:16.0] YOUR PROPOSED POLICY WOULD

00:54:20.0] ACTUALLY REPEAL IS SAYING THAT

00:54:22.0] THE DEVELOPER HAS TO PRESENT THE

00:54:25.0] PROJECT TO THE COMMUNITY, THE

00:54:27.0] COMMUNITY COUNCIL HAS TO VOTE ON

00:54:28.0] IT.

00:54:29.0] NOW THEY DON'T HAVE VETO POWER,

00:54:31.0] THEY DON'T HAVE THE FINAL SAY,

00:54:32.0] WE DO IN CITY COUNCIL.

00:54:35.0] BUT DOES THIS CHANGE THAT SO NOW

00:54:37.0] THE DEVELOPERS DON'T HAVE TO GO

00:54:39.0] TO THE COMMUNITY TO SAY HERE IS

00:54:41.0] OUR PROJECT, WE WOULD LIKE THIS

00:54:43.0] MUCH FROM YOUR TIF FUND?

00:54:45.0] WHAT'S OWE -- HAS ANYTHING

00:54:47.0] CHANGE WITH 301-2020?

00:54:52.0] >> Councilmember Walsh: ANY ORDINANCE YES WE'RE TRYING TO

00:54:53.0] CENTRALIZE IT INTO ONE ORDINANCE

00:54:55.0] INSTEAD OF PIECE MEET MEALING

00:54:57.0] IT.

00:54:58.0] GOAL IS NOT TO HAVE MULTIPLE

00:55:00.0] DIFFERENT ENGAGEMENT METHODS, SO

00:55:01.0] THE NEIGHBORHOOD DEVELOPMENT

00:55:03.0] FUND HAS COMMUNITY ENGAGEMENT

00:55:06.0] REQUIREMENTS THISTLE TO FOLLOW.

00:55:07.0] AND AGAIN IT IS ONE APPLICATION

00:55:09.0] GOING THROUGHOUT PROCESS HAVING

00:55:10.0] THE CONVERSATIONS OF THE

00:55:12.0] COMMUNITY WHAT THE SOURCES END

00:55:13.0] UP BACK END LAW THE SUMA SAUSAGE

00:55:16.0] GETS MADE A COMMUNITY ENGAGEMENT

00:55:17.0] PROCESS IN WHICH THEY HAVE TO GO

00:55:19.0] AND ENGAGE.

00:55:20.0] COUNCILMEMBER NOLAN CORRECT ME

00:55:21.0] IF I'M WRONG ON ON THAT'S

00:55:23.0] CORRECT MY UNDERSTANDING HAS BEEN ALL THE MONEY THAT'S GOING

00:55:24.0] THROUGH THIS PROCESS MUST HAVE

00:55:26.0] COMMUNITY ENGAGEMENT INVOLVED IN

00:55:28.0] IT. AND THAT'S A CONCERN WE HEARD

00:55:29.0] TODAY.

00:55:30.0] THAT WAS MY CONCERN ALSO IN

00:55:32.0] READING THIS.

00:55:33.0] I LIKE THE USES THAT THE

00:55:35.0] NEIGHBORHOOD DEVELOPMENT FUND

00:55:38.0] LISTED OUT.

00:55:40.0] AND SO, YOU KNOW, AND JUST SO

00:55:41.0] THE PUBLIC KNOWS THE 206-2020

00:55:46.0] THAT WAS COMMONEST SIT'S

00:55:48.0] ORDINANCE AND THAT PROPER SOS

00:55:50.0] AND THAT GO TO A AFFORDABLE

00:55:53.0] HOUSING. BUT YOU'RE SAYING WITH THIS KNOW

00:55:55.0] IT ALLOWS 50% WOULD GO TO THE

00:55:57.0] NEIGHBORHOOD DEVELOPMENT FUND

00:55:59.0] WHICH COULD BE FOR USES YOU GAVE

00:56:03.0] US A LIST OF USES, ELIGIBLE

00:56:07.0] USES, HOMEOWNERSHIP, AFFORDABLE

00:56:10.0] HOMEOWNERSHIP OPPORTUNITIES,

00:56:11.0] ESPECIALLY IN AREAS WITH

00:56:14.0] EXISTING LOW HOMEOWNERSHIP RATES

00:56:16.0] OR DEVELOPING HOMEOWNERSHIP

00:56:18.0] OPPORTUNITIES FOR INDIVIDUALS AND FAMILIES WHO HAVE EXISTING

00:56:21.0] BARRIERS TO ACCESSING

00:56:24.0] TRADITIONAL HOMEOWNERSHIP IF YOU

00:56:25.0] UNDERSTANDING. YOU TALK ABOUT

00:56:26.0] INCREASING THE HOUSING SUPPLY

00:56:28.0] THROUGHOUT THE CITY, YOU TALKED

00:56:31.0] ABOUT ANOTHER ELIGIBLE USE.

00:56:33.0] I LIKE THIS ONE, EXTENT TO WHICH

00:56:35.0] THE PROPOSED PROJECT WILL CREATE

00:56:38.0] DEVELOPMENT ACTIVITY IN AN AREA

00:56:40.0] THAT HAS NOT RECENTLY

00:56:42.0] EXPERIENCED MATERIAL PRIVATE

00:56:44.0] DEVELOPMENT OR PRIVATE

00:56:45.0] INVESTMENT AND DOES NOT HAVE THE

00:56:48.0] MARKET STRENGTH ATTRACT PRIVATE

00:56:49.0] DEVELOP.

00:56:50.0] WITHOUT PUBLIC SUBSIDY.

00:56:51.0] SO MAINLY OUR UNDERSERVED, UNDER

00:56:54.0] INVESTED IN NEIGHBORHOODS AND

00:56:55.0] YOU TALK ABOUT INVESTING IN

00:56:59.0] NEIGHBORHOOD BUSINESS DISTRICTS, AND SO ALL THAT SOUNDS GOOD.

00:57:01.0] SO THAT KIND EVER TAKES CARE OF

00:57:05.0] THAT 206-2020 ORDINANCE WHICH

00:57:07.0] WAS AFFORDABLE HOUSING, THIS

00:57:09.0] ISN'T INCLUDING AFFORDABLE

00:57:11.0] HOUSING.

00:57:12.0] AND I HOPE HOMEOWNERSHIP REPAIRS

00:57:14.0] I KNOW COUNCILMEMBER JAMES IS

00:57:15.0] GOING TO WANT TO MAKE SURE

00:57:16.0] THAT'S INCLUDED.

00:57:17.0] BUT I'M STILL CONCERNED ABOUT

00:57:20.0] THE 302020, THE COMMUNITY

00:57:22.0] ENGAGEMENT PIECE I WANT TO MAKE

00:57:24.0] SURE COMMUNITY COUNCILS HAVE A

00:57:26.0] BIG SAY IN WHAT HAPPENS WITH

00:57:28.0] THERE ARE TIF DOLLARS AND THAT

00:57:30.0] THE DEVELOPERS KNOW UP FRONT

00:57:33.0] HAVE YOU TO GO TO THE COMMUNITY

00:57:34.0] COUNCIL, HAVE YOU TO PRESENT

00:57:36.0] YOUR PROJECT AND REQUEST A

00:57:38.0] LETTER OF SUPPORT.

00:57:39.0] I KNOW THAT LETTER OF SUPPORT

00:57:42.0] DOESN'T MAKE US HAVE, DOESN'T

00:57:43.0] HOLD US TO A FINAL DECISION, BUT

00:57:46.0] IT DOES WEIGH, IT DOES PROVIDE A

00:57:48.0] LOT OF WEIGHT FOR US IN

00:57:50.0] CONSIDERING A PROJECT.

00:57:51.0] SO IS THAT -- TELL ME ABOUT

00:57:53.0] THAT, UNLESS YOU WANTED ME TO

00:57:55.0] WAIT UNTIL COUNCILMEMBER NOLAN

00:57:56.0] TALKS ABOUT THE ENGAGEMENT

00:57:57.0] PROCESS, WHICH I'M WILLING TO

00:57:59.0] DO.

00:58:00.0] >> Councilmember Walsh: ON THE

00:58:01.0] FIRST PART, TO BE I THINK I

00:58:03.0] APPRECIATE YOU READ THAT'S LIST

00:58:04.0] OFF.

00:58:05.0] ONE OF THE THINGS TIF MONEY

00:58:07.0] COULD BE USED FOR RIGHT NOW IS

00:58:09.0] ON CITY PROJECTS.

00:58:10.0] AND WHAT WE'RE TRYING TO DOES

00:58:11.0] MAKE THIS MORE THE COMMUNITY'S

00:58:12.0] MONEY FOR THE COMMUNITY'S GROWTH

00:58:14.0] ASPECTS.

00:58:15.0] WE HAVE THE RAIL MONEY TO TACKLE

00:58:17.0] DEFERRED MAINTENANCE, HOW DO WE

00:58:18.0] MAKE SURE WE'RE INCENTIVE EYEING

00:58:20.0] THIS MONEY TO GO INTO THE

00:58:22.0] COMMUNITIES FOR THEIR GOALS AND

00:58:23.0] VISIONS AS MUCH AS POSSIBLE?

00:58:24.0] SO ON THE FIRST PART THIS,

00:58:25.0] THIS I WOULD SAY IS THE

00:58:29.0] SITTENFELD FELLED ORDER TO STAIR

00:58:31.0] YESTERDAY'S TO HEADACHE SURE

00:58:32.0] WE'RE INVESTED, AND THE PROCESS

00:58:36.0] HERE REMAINS AND THAT ONE

00:58:37.0] APPLICATION, SO THERE IS TWO

00:58:39.0] BUCKETS. ONE THE 50% THAT GOES TO

00:58:41.0] NEIGHBORHOOD DEVELOPMENT FUND THERE IS ONE FLEXION, THEY HAVE

00:58:43.0] TO GET COMMUNITY ENGAGEMENT.

00:58:44.0] THEY HAVE TO WORK THROUGH THE

00:58:45.0] ENTIRE PROCESS, GET THE SIGN OFF

00:58:47.0] AND ALL THAT.

00:58:48.0] THAT'S PART OF THE PROCESS IT

00:58:49.0] JUST STANDARDIZE IT IS INTO ONE

00:58:51.0] THING. SO, ARE YOU NOT HAVING TO GO

00:58:53.0] THERE TO SAY I WANT TO HAVE TIF

00:58:55.0] MONEY AND THEN SO I GOT PROCESS

00:58:57.0] A --

00:58:58.0] >> Vice Mayor Kearney: YOU DON'T

00:58:59.0] HAVE TO DECIDE.

00:59:01.0] >> Councilmember Walsh: BUT HAVE

00:59:02.0] YOU TO THE ENGAGEMENT PROCESS

00:59:03.0] THROUGHOUT THE THING.

00:59:04.0] BUCKET 2 IT SPELLS OUT HERE THAT

00:59:10.0] THERE'S TIF DISTRICT AND

00:59:11.0] APPROVED BY COUNCIL CONTINUED TO

00:59:14.0] PROJECTS DONE BY IN

00:59:16.0] COLLABORATION WITH COUNCILMEMBER BASIS THAT'S NOT PART THAT THE

00:59:18.0] ONE OFF SO THAT PROCESS IS WITH

00:59:20.0] THE COMMUNITY COUNCILS AND

00:59:21.0] COMMUNITY BASED ORGANIZATIONS,

00:59:56.0] FOR THE BETTER BECAUSE ONE OF

00:59:59.0] THE, WHILE STILL HAVING THE

01:00:00.0] ENGAGEMENT PROCESS FOR ALL THE

01:00:01.0] OTHER THINGS IT IS PROBABLY MORE

01:00:03.0] STRINGENT FOR THE COMMUNITIES

01:00:04.0] HAVE THEIR SAY IN WHAT'S GOING

01:00:06.0] TO HAPPEN.

01:00:07.0] >> Vice Mayor Kearney: I THINK IT IS REALLY JUST TO MAKE A

01:00:08.0] COMMENT ABOUT THAT IT IS REALLY

01:00:10.0] IMPORTANT THAT WE MAINTAIN

01:00:12.0] COMMUNITY ENGAGEMENT AND MAYBE

01:00:13.0] EVEN INCREASE IT.

01:00:14.0] IT IS JUST TO STRENGTHEN IT

01:00:16.0] BECAUSE A LOT OF DEVELOPERS FEEL

01:00:17.0] THAT THAT'S A BARRIER BUT IT

01:00:19.0] SHOULD NOT BE IF YOU TALK TO THE

01:00:23.0] COMMUNITIES EARLY, EXPLAIN WHAT

01:00:25.0] YOU WANT TO DO WE DON'T HAVE

01:00:28.0] THIS OAR WHO ARE I BELIEVE

01:00:30.0] FIGHTS THAT SOMETIMES HAPPENS

01:00:31.0] FOR DIFFERENT PROJECTS THAT HAD

01:00:33.0] THE SPREAD DEVELOPER WORKED WITH

01:00:34.0] COMMUNITY EARLIER IT WOULD HAVE

01:00:35.0] GONE A LOT MORE SMOOTHLY.

01:00:37.0] AND SO I WANT TO MAKE SURE

01:00:38.0] THAT'S NOT BEING TAKEN OUT OF IT

01:00:41.0] AND THAT THE COMMUNITY HAS SAY

01:00:42.0] SEW IN HOW AND WHAT PROJECTS ARE

01:00:45.0] COMING TO THEIR NEIGHBORHOOD AND

01:00:46.0] HOW TALL TIF MONEY IS SPENT.

01:00:48.0] >> Councilmember Walsh: I THINK

01:00:49.0] NOT TO SPEAK FOR MY COLLEAGUES

01:00:50.0] BUT I WILL SPEAK FOR MY

01:00:52.0] COLLEAGUES HERE, THAT THE GOAL

01:00:53.0] FOR NEIGHBORHOOD DEVELOPMENT

01:00:55.0] FUND IS STOP THE SCAPE GOAT THE

01:00:58.0] COMMUNITIES, IT IS ABOUT THE

01:01:00.0] COMMUNITY ENGAGEMENT PROCESS IT

01:01:01.0] IS TO ACKNOWLEDGE THE PROBLEM IS

01:01:03.0] THERE HAS BEEN 15 DIFFERENT

01:01:05.0] APPLICANTS HAVE YOU TO GO

01:01:07.0] THROUGH AT VARIOUS TIME LINES.

01:01:08.0] SOMETIMES ARE YOU APPLYING IN

01:01:09.0] FEBRUARY AND OTHERS IN SEPTEMBER

01:01:10.0] AND IF THEY AREN'T TOGETHER YOU

01:01:12.0] CAN'T GET THE FUNDING TOGETHER.

01:01:14.0] >> Vice Mayor Kearney: AND YOU

01:01:15.0] NEED SOME TO BE HELP YOU

01:01:16.0] NAVIGATE THAT BECAUSE YOU DON'T

01:01:17.0] NOTE DEADLINES.

01:01:19.0] LINE I APPRECIATE IT.

01:01:21.0] >> Councilmember Walsh: THROUGH THAT IT HAS COMMUNITY

01:01:22.0] ENVIRONMENTAL JUSTICE.

01:01:23.0] YOU INDUSTRIAL TO TALK TO THE

01:01:24.0] COMMUNITY BUT THE MESSY BACK END

01:01:26.0] STOPS BEING ON THE WHOEVERS

01:01:28.0] TRYING TO DOTS PROJECT'S ONUS

01:01:30.0] AND ON THE WE ARES

01:01:33.0] ADMINISTRATION SIDE ARE WORKING

01:01:35.0] THROUGH SO THE MONEY LINES UP

01:01:36.0] BUT COMMUNITY ENGAGEMENT IS NOT

01:01:37.0] ELIMINATED FROM THIS.

01:01:40.0] >> Vice Mayor Kearney: THANK

01:01:42.0] YOU.

01:01:46.0] >> Councilmember Albi: I WANT TO

01:01:47.0] TAKE A MOVEMENT TO SET THE STAGE

01:01:49.0] SO WE HAVE 52 NEIGHBORHOODS, 36

01:01:54.0] HAVE GRITS, ACM, 35, OKAY SORRY.

01:01:58.0] MY MATH IS OFF.

01:01:59.0] SO IN A WOULD MEAN 17 WITHOUT

01:02:02.0] TIF DISTRICTS AND SO WHAT I'M

01:02:05.0] HERE COMMUNE WALSH WITH THIS IS

01:02:06.0] BY STANDARD IS AING THIS

01:02:08.0] APPLICATION THERE IS ALSO A

01:02:10.0] EQUITY TOO FOR THESE

01:02:11.0] NEIGHBORHOODS THAT DON'T HAVE

01:02:12.0] ACCESS TO TIF FUNDS BY ENSURE

01:02:14.0] THAT'S COMMUNITIES LIKE

01:02:15.0] MADISONVILLE THAT DOES HAVE A

01:02:17.0] TIF THAT PROJECTS THAT ARE TIF

01:02:19.0] ELIGIBLE CAN DIP INTO THAT

01:02:20.0] SOURCE OF FUNDING BEFORE BEFORE

01:02:23.0] AS PART OF A BROADER PICTURE

01:02:26.0] BEFORE GOING TOO FUNDING THAT

01:02:27.0] WOULD BE ELIGIBLE FOR

01:02:28.0] NEIGHBORHOODS THAT DON'T HAVE

01:02:29.0] ATIVE IS THAT A RELATIVELY GOOD

01:02:32.0] SUMMATION OF THAT.

01:02:36.0] >> Councilmember Walsh: YEAH THAT'S BETTER THAN I HAD IT.

01:02:37.0] >> Councilmember Albi: I DON'T

01:02:38.0] KNOW IF IT IS BERRY WANTED TO

01:02:39.0] CLARIFY THAT BECAUSE WE HAVE

01:02:40.0] TALKED QUITE A BIT ABOUT HAVING

01:02:42.0] EQUITABLE INVESTMENT ACROSS THE

01:02:46.0] NEIGHBORHOODS ASH SOME

01:02:48.0] NEIGHBORHOODS THAT HAVE A TIF

01:02:49.0] DISTRICT AND SOME OF THE

01:02:50.0] NEIGHBORHOODS HAVE A LOCALITIES

01:02:52.0] OF MONEY IN TIF AND SOME DON'T

01:02:54.0] GENERATE MANY DOLLARS BACK IN

01:02:58.0] TIF DISTRICTS THIS OFFERS US IS

01:03:00.0] BOTH THE THE PIPE LINE FEES THAT

01:03:04.0] YOU WERE DISCUSSING BUT A EQUITY

01:03:06.0] PIECE FOR YOU'RE NEIGHBORHOODS I

01:03:11.0] WILL PICK ON MADISONVILLE AND I

01:03:12.0] KNOW IT AND WE HAVE A TIF AND

01:03:14.0] ROBUST ONE THAT PROJECT COMES UP

01:03:15.0] IN MADISONVILLE THAT THE

01:03:16.0] NEIGHBORHOOD SUPPORTIVE OF, AND

01:03:18.0] CAN DIP INTO THE TIF THAT THEY

01:03:19.0] ARE LEVERAGING THAT FUNDING

01:03:21.0] BEFORE GOING AFTER FUNDING THAT

01:03:24.0] X, Y, Z NEIGHBORHOOD IS APPLYING

01:03:28.0] FOR. SO I THINK THAT'S NET POSITIVE

01:03:30.0] BUT FEEL FREE TO RESPOND.

01:03:40.0] >> THEY ARE THE NEIGHBORHOODS OF HAVE AND HAVE NOTES.

01:03:41.0] THE AND THE HAVE NOTES ARE NOT.

01:03:43.0] AND HOW DO WE ADJUST THAT AND

01:03:45.0] THIS POLICY AS WELL AS WHAT

01:03:46.0] WE'RE DOING WITH NEIGHBORHOOD

01:03:48.0] DEVELOPMENT FUND HOPEFULLY

01:03:49.0] ACHIEVES WHAT ARE YOU SPELLING

01:03:50.0] OUT HERE IS THAT NEIGHBORHOODS

01:03:51.0] THAT HAVE NOT, DO NOT SAY TIF

01:03:52.0] AND DO NOT HAVE EASY ACTION SEWS

01:03:54.0] TO DIRECT FUNDING LINE ARE

01:03:58.0] PRIORITIZED FOR THE LIMITED

01:03:59.0] MONEY ON THE CAPITAL SIDE BUT

01:04:01.0] ALL NEIGHBORHOODS HAVE SOURCES

01:04:02.0] OF FUNDING THAT'S WHAT THE GOAL

01:04:03.0] IS AND LONGER TERM I THINK IT

01:04:05.0] WILL BE OFFER OUR TENURE ON

01:04:06.0] COUNCIL THAT THIS CONTINUES

01:04:07.0] THERE WILL BE A BETTER

01:04:09.0] PROJECTION WHAT THAT PIPELINE

01:04:10.0] LOOKS LIKE SO WE CAN MAKE

01:04:12.0] APPROPRIATE STRATEGIC INVESTMENT

01:04:13.0] ON THE CAPITAL SIDE SO THAT

01:04:14.0] YOU'LL THE PROJECTS CAN

01:04:15.0] APPROPRIATESLY FUNDED.

01:04:18.0] >> President Pro Tem Johnson:

01:04:21.0] MR. CHAIRMAN?

01:04:27.0] I SAID YOU ENGAGED SOME

01:04:28.0] NEIGHBORHOODS ON THIS PARTICULAR

01:04:30.0] ORDINANCES. WHICH NEIGHBORHOODS WERE ENGAGE

01:04:31.0] ODD THIS?

01:04:32.0] >> Councilmember Walsh: WE

01:04:33.0] ENGAGED WITH VARIOUS

01:04:35.0] STAKEHOLDERS THROUGHOUT THE CITY

01:04:36.0] OF CINCINNATI T. HAS BEEN OVER

01:04:37.0] THE LAST YEAR AND A HALFLY HAVE

01:04:38.0] TO GET BACK TO YOU WHO THE

01:04:39.0] MEMBERS WERE, BUT VARIOUS

01:04:41.0] COMMUNITY DEVELOPMENT AND

01:04:42.0] COMMUNITY ORGANIZATIONS AS WELL

01:04:43.0] AS THOSE WHO WORKED WITH TIF

01:04:44.0] MONEY TO FIGURE OUT WHERE THE

01:04:46.0] WEAKNESSES WERE WITHIN IT.

01:04:47.0] IT WAS NOT SPECIFIC

01:04:48.0] NEIGHBORHOODS, BUT IT WAS

01:04:50.0] VARIOUS GROUPS AND NON-PROFIT

01:04:52.0] ENTITIES. >> President Pro Tem Johnson: IS

01:04:54.0] THERE, OKAY SO THERE WERE

01:04:56.0] STAKEHOLDERS BUT COMMUNITIES ARE

01:04:58.0] SAYING THEY WEREN'T ENGAGED,

01:05:00.0] OKAY? I'M NOT DOUBTING YOU ENGAGING

01:05:03.0] STAKEHOLDER OR ANYTHING LIKE

01:05:04.0] THAT BUT CERTAIN COMMUNITIES

01:05:05.0] DON'T FEEL AS THOUGH THEY WERE

01:05:08.0] ENGAGED AND WE TALK ABOUT

01:05:11.0] TRANSPARENCY, WE TALK ABOUT THE

01:05:13.0] FACT THAT THESE DEVELOPMENTS ARE

01:05:16.0] GOING UP IN THEIR NEIGHBORHOODS,

01:05:18.0] SO THEY ENGAGEMENT IS IMPORTANT.

01:05:22.0] IT IS VITAL AND IN ADDITION TO

01:05:24.0] THAT THERE IS FROM ANY

01:05:26.0] EXPEDIENCY IN MOVING THIS UNTIL

01:05:28.0] MORE COMMUNITIES FEEL AS THOUGH

01:05:31.0] THEY HAVE HAD, THEY WERE ENGAGED

01:05:34.0] IN THIS?

01:05:36.0] >> Councilmember Walsh: AS

01:05:37.0] MENTIONED AT THE TOP OF THIS, WE

01:05:38.0] PASSED THIS IN JUNE WITH THE

01:05:40.0] INTENT THAT THE ORDER WOULD COME

01:05:41.0] FORWARD IN AUGUST, IT IS

01:05:43.0] OBVIOUSLY OCTOBER SO THE

01:05:44.0] EXPEDIENCY OF THIS, WE'RE JUST

01:05:46.0] WORKING TO GET IT DONE AS WE

01:05:47.0] NEED TO GET IT DONE.

01:05:48.0] SO IF THIS COUNCIL DECIDES THEY

01:05:50.0] WOULD LIKE TO POSTPONE IT FOR

01:05:52.0] MORE ENGAGEMENT THEY ARE MORE

01:05:53.0] THAN WELCOME TO.

01:05:54.0] I WOULD HE REITERATE THAT MOVE

01:05:56.0] THESE POLICY POINTS THAT HAVE

01:05:57.0] BEEN PUT IN IT ARE JUST FROM

01:05:59.0] STAND ALONE POLICIES THAT ARE

01:06:01.0] ALREADY EXIST.

01:06:03.0] SO THERE IS ONLY NEW COMPONENT

01:06:05.0] IS THE PART THAT TIES IN WITH

01:06:07.0] THE NEIGHBORHOOD DEVELOPMENT

01:06:09.0] FUND. BEYOND THAT THESE ARE THINGS

01:06:10.0] THAT WE FOUND TO PUT INTO ONE

01:06:12.0] COMPREHENSIVE DOCK: WE'RE NOT,

01:06:14.0] YOU KNOW THERE IS NO TYPE LINE

01:06:16.0] ON HOW WE'RE TRYING TO GET THIS

01:06:17.0] IMPLEMENTED.

01:06:18.0] I DON'T BELIEVE THIS ACE

01:06:19.0] EMERGENCY PASSAGE A.

01:06:21.0] >> President Pro Tem Johnson:

01:06:22.0] SOCK THEN IF AT ALL POSSIBLE

01:06:24.0] LET'S TRITE TO GET MORE

01:06:27.0] COMMUNITIES INFORMED, IF THEY

01:06:29.0] FEEL INFORMED THEY FEEL LIKE THEY HAVE BEEN AT THE TABLE. IF

01:06:32.0] THERE IS NO EMERGENCY IN THIS

01:06:36.0] THEN IS THERE ANY PROBLEM OF

01:06:37.0] SLOUGH THIS DOWN UNTIL OTHER

01:06:39.0] COMMUNITIES HAVE HAD AN

01:06:41.0] OPPORTUNITY TO SIFT THROUGH THIS

01:06:46.0] AND BE AT THE TABLE AND TALK

01:06:47.0] ABOUT IT. WOULD THAT BE A PROBLEM AT ALL?

01:06:49.0] *.

01:06:50.0] >> Councilmember Walsh: I WOULD

01:06:51.0] SAY, MR. CHAIRMAN, TO REACT TO

01:06:53.0] THAT THIS HAS BEEN OUT THERE

01:06:54.0] SINCE, WE APPROVED THIS IN JUNE.

01:06:57.0] WE HAVE SOUGHT INPUT FROM MANY.

01:06:59.0] WE OFFERED THIS, WE HAD UP A

01:07:02.0] COUNCIL IN JUNE THE GOAL WAS

01:07:05.0] AUGUST, IT IS OCTOBER NOW.

01:07:07.0] I HAVE THINK HAVE I BEEN

01:07:08.0] GENEROUS THIS COUNCIL ON SEVERAL

01:07:10.0] ITEMS TO SLOW THINGS DOWN NOR

01:07:12.0] MORE ENGAGEMENT AND FOR THIS ONE

01:07:14.0] I, I DON'T BELIEVE THAT SLOWING

01:07:16.0] DOWN WILL GET US TO A DIFFERENT

01:07:18.0] RESULT SO I WOULD RECOMMEND THAT

01:07:20.0] THIS COUNCIL MOVER FORWARD,

01:07:21.0] FOUCHET TO CHOOSE TO MOVE

01:07:23.0] FORWARD WITH A HOLD, BY ALL

01:07:26.0] MEANS.

01:07:27.0] >> President Pro Tem Johnson: I'M JUST SAYING I UNDERSTAND THE

01:07:28.0] DEADLINES, I UNDERSTAND WHERE WE

01:07:30.0] STARTED BUT THERE IS A -- WE

01:07:32.0] GROWTH TO START UNDERSTANDING

01:07:35.0] PEOPLE DON'T FEEL INCLUDED AND

01:07:38.0] THEY ARE THE ONES THAT LIVE WITH

01:07:42.0] THESE DEVELOPMENTS IN THEIR

01:07:44.0] COMMUNITY. I'M ALL FOR DEADLINES.

01:07:46.0] BUT IF THERE IS A GOOD SEGMENT

01:07:49.0] OF OUR CITY ONE OF OUR BIGGEST

01:07:52.0] NEIGHBORHOODS IN THIS CITY

01:07:53.0] DOESN'T FEEL LIKE THEY WERE

01:07:55.0] ENGAGED IN THIS THEN I THINK IT

01:07:57.0] IS ONLY PROPER TO HAVE A

01:08:00.0] CONVERSATION WITH THEM A LAW

01:08:01.0] THEM TO SIFT THROUGH WHATEVER

01:08:03.0] CHANGES WE'RE GOING TO MAKE AND

01:08:05.0] THEN WE MOVE ON IT I DON'T

01:08:08.0] BELIEVE IN BECAUSE WE SET THAT

01:08:11.0] DEADLINES ON THIS DAIS AND

01:08:13.0] PEOPLE THAT ARE ACTUALLY IN THE

01:08:15.0] COMMUNITY, THE TAXPAYERS, THEY

01:08:16.0] FEEL LEFT OUT.

01:08:17.0] THEY HAVE GOT EVERY RIGHT TO BE

01:08:21.0] ENGAGED IN THAT I'M NOT

01:08:22.0] MARGINALIZING THE PEOPLE HAVE

01:08:23.0] YOU ENGAGED, BUT A HUGE

01:08:26.0] COMMUNITY IN OUR CITY FEELS LIKE

01:08:28.0] THEY WERE LEFT OUT AND I THINK

01:08:30.0] THEY SHOULD BE PROVIDED AN

01:08:32.0] OPPORTUNITY TO COME TOGETHER

01:08:33.0] TABLE, SIFT THROUGH IT AND ASK

01:08:36.0] SPECIFIC PINPOINTED QUESTIONS.

01:08:42.0] >> Councilmember Cramerding: I

01:08:43.0] DO SENSE SOME URGENCY.

01:08:44.0] I THINK IT IS IMPORTANT REFORM

01:08:45.0] AND I AM HEARING FROM

01:08:48.0] NEIGHBORHOODS THAT THEY WANT

01:08:50.0] CHANGE AND WE'RE SAYING IT IS

01:08:52.0] COMING, IT IS COMING.

01:08:53.0] AND THEY ARE NOT SENSING THE

01:08:54.0] URGENCY AND AS I SAID THERE IS

01:08:57.0] SOMETIMES SOME STRIDENT VOICES

01:08:59.0] DOWN HERE FROM PRICE HILL AND,

01:09:03.0] AND I THINK THE TONIES

01:09:04.0] UNFORTUNATE BUT THE FRUSTRATION

01:09:06.0] IS REAL. AND THEY WANT ACTION.

01:09:07.0] I THINK THAT THIS IS A BIG STEP

01:09:10.0] IN THE RIGHT DIRECTION.

01:09:11.0] I THINK THE PIPELINE IS WORKING.

01:09:12.0] I THINK THERE IS ONGOING

01:09:15.0] COMMUNITY ENGAGEMENT ACKNOWLEDGE

01:09:18.0] E ACKNOWLEDGE E AND WILL BE TO

01:09:19.0] MAKE IT ABSOLUTELY CLEAR,

01:09:21.0] AVONDALE'S MONEY STAYS IN

01:09:22.0] AVONDALE, THAT'S NOT A ISSUE, SO

01:09:24.0] I THINK THAT'S VERY IMPORTANT I

01:09:27.0] THINK THIS THE RIGHT REFORM I

01:09:30.0] THINK THIS DRIVEN BY THE

01:09:31.0] NEIGHBORS IN THE COMMUNITY

01:09:32.0] GROUPS THAT WERE INVOLVED IN

01:09:33.0] THIS BECAUSE THERE WAS SO MANY

01:09:35.0] PROGRAMS.

01:09:36.0] WE SAID RECENTLY THE COMMUNITY

01:09:40.0] ENGAGEMENT COULD FEEL

01:09:41.0] DUPLICATIVE AND FALLS BECAUSE

01:09:42.0] THERE WAS LIKE THIS IS NBDIP OR

01:09:46.0] NCF, WE VOTED ON THIS LAST

01:09:47.0] MONTH, THAT'S DIFFERENT PROGRAM.

01:09:51.0] AT THE EDGED OF THE DAY IT IS

01:09:53.0] MORE SEEM LESS, SOME WERE SAYING

01:09:55.0] WE KNOW WHAT WE WANT, LET'S MAKE

01:09:57.0] IT HAPPEN AND GET RIVED ALL

01:10:00.0] THESE REQUIREMENTS AND

01:10:03.0] ACKNOWLEDGE GET TO THAT, SO I'M

01:10:04.0] READY TO VOTE TODAY.

01:10:08.0] >> President Pro Tem Johnson: I

01:10:09.0] DIDN'T SAY YOU DIDN'T HEAR ME

01:10:10.0] SAY ANYTHING ABOUT THIS NOT BE

01:10:11.0] SUB STANITY OF YOU DIDN'T HEAR

01:10:13.0] ME SAYING ANYTHING IF THIS BEING

01:10:15.0] NECESSARY.

01:10:16.0] I'M SAYING THAT A HUGE COMMUNITY

01:10:19.0] COMMUNITY YOU JUST HEARD THE 79

01:10:22.0] SAID SHE DIDN'T OF THE AVONDALE

01:10:24.0] COMMUNITY COUNCIL U MISS

01:10:26.0] MITCHELL SANDRA JONES SAID SHE

01:10:29.0] WOULD LIKE MORE INFORMATION.

01:10:30.0] SHE WOULD LIKE TO HAVE BEEN

01:10:32.0] ENGAGED.

01:10:33.0] THAT'S SOMETHING WE SHOULDN'T

01:10:34.0] JUST PASS OVER AND IGNORE.

01:10:38.0] IT IS NOT LIKE I DIDN'T SAY

01:10:41.0] ANYTHING ABOUT THE SUBSTANTIVE

01:10:44.0] NATURE OF THIS I'M JUST SAYING

01:10:45.0] THE MORE PEOPLE FEEL THEY HAVE

01:10:48.0] BEEN INFORMED AND IF I TABLE THE

01:10:49.0] MORE COOPERATION, THE MORE

01:10:53.0] PARTICIPATION AND NOT LEAPING

01:10:58.0] OVER THE IT LOOKS LIKE AVONDALE

01:11:01.0] FEELS LIKE A THOUGH THEY WEREN'T

01:11:03.0] AND THEY DESERVE AN OPPORTUNITY

01:11:04.0] TO BE EDGE GAUGED.

01:11:07.0] >> Councilmember Cramerding: I

01:11:08.0] HEAR YOU AS ALWAYS.

01:11:10.0] >> Vice Mayor Kearney: I WANT TO

01:11:11.0] COMMENTS ON THAT.

01:11:12.0] I THINK IT IS OKAY I'M SORRY YOU

01:11:13.0] DIDN'T SAY YES.

01:11:14.0] I DON'T MEAN TO OVER STEP.

01:11:16.0] SO I THINK WHAT HAPPENED HAPPENS

01:11:18.0] IS THAT WE WORK REALLY HARD ON

01:11:24.0] THINGS AND SETH WALSH WORKED

01:11:27.0] REALLY HEART HARD ON THIS SO FOR

01:11:28.0] US WE SPENT A LOT OF TIME WITH

01:11:30.0] IT. BUT FOR THE PUBLIC UNTIL IT

01:11:32.0] REALLY GETS TO COMMITTEE I HAD

01:11:39.0] SEVERAL COMMUNITY COUNCIL

01:11:41.0] PRESIDENTS SAY OH, WAIT A

01:11:42.0] MINUTE, WHAT IS THIS?

01:11:49.0] WE THOUGH THAT WE HAVE BEEN

01:11:50.0] TALKING ABOUT IT AS

01:11:52.0] COUNCILMEMBER WALSH SAID AND

01:11:55.0] HAVE IT IN COMMITTEE THIS IS A

01:11:56.0] GOOD ROBUST DISCUSSION AND WE'RE

01:11:58.0] HAVING TODAY WE'LL GET

01:11:59.0] INFORMATION OUT THERE BUT I

01:12:02.0] THINK AND SAY LEGALITIES VOTE ON

01:12:04.0] IT RIGHT AWAY BEFORE WE HEARD

01:12:05.0] MORE, PEOPLE ARE ASKING

01:12:06.0] QUESTIONS. I MEAN THERE IS JUST A LOT SO I

01:12:08.0] THINK BECAUSE THIS IS SO

01:12:11.0] IMPORTANT WHY RUSH IT, WHY RUSH

01:12:13.0] THE VOTE NOW?

01:12:14.0] WE MEET EVERY WEEK AND SO THIS

01:12:15.0] THE I FIRST TIME WE DISCUSSED

01:12:17.0] THIS NEW POLICY AND WE DON'T

01:12:20.0] HAVE VOTE ON IT THE FIRST TIME

01:12:22.0] WHICH DISCUSS IT.

01:12:27.0] I GET IT, I UNDERSTAND THIS

01:12:29.0] OTHER I DON'T UNDERSTAND THAT

01:12:31.0] AND SO GET CLARIFICATION WITH

01:12:34.0] REALLY ARE DOING THIS TO MAKE

01:12:35.0] OUR CITY BETTER.

01:12:36.0] AND SO WE HAVE TO MAKE SURE

01:12:38.0] PEOPLE UNDERSTAND WHAT WE'RE

01:12:39.0] DOING AND TO GET THEIR INPUT ON

01:12:44.0] IT.

01:12:47.0] IT'S COMMITTEE IS THE FIRST TIME

01:12:49.0] WE ACTUALLY HAVE A A ROBUST

01:12:51.0] PUBLIC DISCUSSION ABOUT EYE

01:12:55.0] POLICY.

01:12:58.0] ANY QUESTIONS FOR COUNCILMEMBER

01:12:59.0] WALSH AND THEN MOVE ON.

01:13:02.0] >> Councilmember Owens: JUST

01:13:03.0] COMMENTS, THANK YOU.

01:13:04.0] I'M EXCITED ABOUT THIS BECAUSE

01:13:05.0] WHAT WE ARE HEARING FROM

01:13:07.0] COMMUNITIES IS THAT THEY WANT

01:13:08.0] MORE MONEY TO DO THINGS, MAKE

01:13:10.0] INVESTMENTS, MORE HOUSING AS POT

01:13:16.0] MONEY TO COUNCILMEMBER ANNA ALBI

01:13:18.0] POINT THERE ARE SOME

01:13:20.0] NEIGHBORHOODS THAT AND THAT

01:13:21.0] CONNECT THE WELL CURRENT TIFS

01:13:22.0] THAT EXIST.

01:13:23.0] SO THIS ACE I STEP IN THE RIGHT

01:13:25.0] DIRECTION AS IT RELATES TO THE

01:13:27.0] RESOURCES THAT COMMUNITY ARE

01:13:29.0] LOOKING FOR WE LOOTED ABOUT

01:13:34.0] $13 MILLION IN THE NEIGHBORHOOD

01:13:35.0] DEVELOPMENT FUND AND SO THANK

01:13:37.0] YOU COUNCILMEMBER NOLAN FOR YOUR

01:13:38.0] WORK THERE.

01:13:39.0] WHAT I JUST HEARD FROM MY

01:13:40.0] COLLEAGUES COLLEAGUE MR. WALSH

01:13:41.0] THAT'S NOW WE'RE GOING TO ADD

01:13:42.0] ABOUT 150 $50 MILLION ANNUALLY

01:13:45.0] INTO THAT POT OF MONEY THAT'S

01:13:51.0] SIGNIFICANT. SO WHAT I WANT TO ASK TO THE

01:13:52.0] ADMINISTRATION THERE ARE

01:13:54.0] EXPIRATION DAYS ON TIFS AND SO

01:13:56.0] HOW IMPORTANT IS IT TO EXPEDITE

01:14:00.0] DOLLARS FROM THESE TIF DISTRICTS

01:14:02.0] THAT MAY EXPIRING AS WELL AND

01:14:04.0] HOW DOES THIS POLICY HELP TO A

01:14:06.0] CLEVE THAT?

01:14:10.0] >> CAN I ANSWER THAT, THANK YOU,

01:14:12.0] MR. CHAIRMAN TO THE

01:14:13.0] COUNCILMEMBER. SO THERE ISN'T A CONCERN AROUND

01:14:16.0] EXPIRATION OF THE DOLLARS, THAT

01:14:18.0] REAL ISN'T DRIVER IT IS MORE

01:14:20.0] ABOUT AS WE HEARD FROM THIS

01:14:23.0] ABOUT PUTTING THE DOLLARS TO

01:14:25.0] WORK.

01:14:26.0] SO THE ONE TIMEFRAME THAT I WILL

01:14:28.0] SHARE IS FOR THE NEIGHBORHOOD

01:15:09.0] ORDINANCE, THERE IS SO IT SEEMS

01:15:11.0] LIKE SINCE HAVE I JOINED COUNCIL

01:15:15.0] WE HAVE ENGINE THIS CONTINUOUS

01:15:16.0] CYCLE OF FIGHTING WITH

01:15:18.0] NEIGHBORHOOD COUNCILS.

01:15:19.0] AND I, YOU KNOW, I FIND MYSELF

01:15:23.0] COME COMPLETE ABLE A MEANAL TO

01:15:24.0] THE NEIGHBORHOOD COUNCILS WE PUT

01:15:25.0] THEM IN THESE FIGHT OR FLIGHT

01:15:28.0] SITUATIONS WHERE WHEN SEND A

01:15:29.0] DEVELOPER IN ONLY QUESTION THAT

01:15:31.0] THE NEIGHBORHOOD COUNCIL IS

01:15:32.0] BEING ASKED IS DO YOU WANT THIS

01:15:34.0] DEVELOPMENT OR DO YOU NOT WANT

01:15:35.0] THIS DEVELOPMENT?

01:15:36.0] THEY ARE NOT AT THE CREATOR

01:15:38.0] TABLE, NOT AT THE TABLE

01:15:39.0] ARCHITECTING THESE SOLUTIONS. I

01:15:40.0] THINK THAT'S A DIS SERVICE.

01:15:41.0] TO MY UNDERSTANDING WHY I WOULD

01:15:44.0] CHAMPION THIS ORDINANCE IS THAT

01:15:46.0] FOR THE FIRST TIME WE WOULD

01:15:48.0] FORMALIZE A PROCESS THAT WOULD

01:15:50.0] NOT JUST FIGHT OR FLIGHT YES OR

01:15:52.0] NO ENGAGE NEIGHBORHOOD COUNCILS

01:15:54.0] BUT THEY WOULD BE OR

01:15:56.0] NEIGHBORHOOD COUNCILS AND

01:15:57.0] COMMUNITY BASED ORGANIZATIONS

01:15:58.0] WOULD BE AT THE FOUNDER TABLE

01:16:00.0] FOR SOME OF THIS SOLUTIONS AND

01:16:01.0] HAVE ACCESS TO SOME OF THIS

01:16:03.0] MONEY.

01:16:04.0] THAT'S CORRECT?

01:16:07.0] >> Councilmember Walsh:

01:16:09.0] >> Councilmember Walsh: THERE ARE TWO POTS, THE FIRST WILL BE

01:16:10.0] NEIGHBORHOOD DEVELOPMENT FUNDS

01:16:12.0] UNIVERSAL APPLICATION FOR THE

01:16:14.0] EXISTING CAPITAL FUNDS.

01:16:17.0] WHICH I THINK THERE IS CRITICISM

01:16:19.0] THAT WE'LL CONTINUE TO HEAR FROM

01:16:20.0] NEIGHBORHOODS THAT WE HAVE TO

01:16:21.0] CONTINUE TO STRIVE TO BETTER DO

01:16:25.0] ENGAGEMENT. THE SECOND POTTINESS LINE WITH

01:16:26.0] WHAT YOU ARE TALK ABOUT, MONEY

01:16:28.0] SET ASIDE FOR THE COMMUNITIES

01:16:29.0] THAT THEIR PROJECTS TO KEEP

01:16:30.0] PUSHING FORWARD.

01:16:31.0] IT IS 50, 50 SO IT IS NOT A A

01:16:34.0] INSIGNIFICANT AMOUNT OF MONEY.

01:16:35.0] WOULD I AGREE WITH YOU BUT

01:16:37.0] FOCUSING ON THAT SECOND ONE

01:16:39.0] WE'LL SEE THE GREATEST SUCCESS.

01:16:42.0] >> Councilmember Ryan James:

01:16:43.0] WHERE I AM CLOUDY HERE IS IN THE

01:16:45.0] EXECUTION. SO I MEAN AT A HIGH LEVEL YES,

01:16:48.0] WE NEED COMMUNITY BASED

01:16:49.0] ORGANIZATIONS, NEIGHBORHOOD

01:16:50.0] COUNCILS AT THE DECISION MAKING

01:16:52.0] TABLE BUT WHEN WE'RE SAYING THIS

01:16:54.0] COLLABORATION, I MEAN IS THAT

01:16:56.0] THE SOLUTIONS NEED TO COME FROM

01:16:57.0] THESE ORGANIZATIONS, IS THAT

01:16:59.0] THESE ORGANIZATIONS ARE WILL BE

01:17:00.0] A PART OF A FORMAL COMMUNITY

01:17:02.0] ENGAGEMENT PROCESS?

01:17:03.0] I'M CURE WERE YOUS HERE, WHAT

01:17:05.0] THIS WOULD LOOK LIKE?

01:17:06.0] HAVE WE BUILT THAT PROCESS YET?

01:17:11.0] >> Councilmember Walsh: FOR

01:17:12.0] WHICH PART, ON THE SECOND PART?

01:17:14.0] >> Councilmember Ryan James:

01:17:15.0] YES. >> Councilmember Walsh: I THINK

01:17:16.0] THAT PROCESS IS SOMETHING THAT

01:17:17.0] WILL CONTINUALLY HAVE TO BE WORKED OUT.

01:17:18.0] BUT THE WAY IT WOULD WORK, IT IS

01:17:21.0] SOME DEGREE, YES, IT COULD BE A

01:17:24.0] DEVELOPER HAS A GREENWAY GRAND

01:17:26.0] IDENTITY AND A THAN COUNCIL AND

01:17:29.0] THAT COMMUNITY COUNCIL AND AND

01:17:32.0] THAT AND THAT INTENT OF THIS.

01:17:34.0] RIGHT NOW NOW, AS 66 MONTHS AGO

01:17:38.0] WE HAD NEIGHBORHOOD BUSINESS

01:17:39.0] DISTRICT IMPROVEMENT FUND WHERE

01:17:40.0] NEIGHBORHOODS WILL BE ABLE TO

01:17:41.0] COME TOGETHER WITH IDEAS ONCE A

01:17:43.0] YEAR, APPLY FOR IT, GO THROUGH

01:17:44.0] THE PROCESS WHERE THEY WENT

01:17:46.0] THROUGH NEIGHBORHOOD BUS TOUR

01:17:47.0] AND VOTED IN PROJECTS GOT FUNDED

01:17:48.0] OR NOT FUNDED. THOSE PROJECTS

01:17:50.0] AND IDEAS CAME FROM COMMUNITY

01:17:52.0] COUNCILS, BUSINESS DISTRICTS

01:17:53.0] ASSOCIATIONS, CDCS ANY ENTITY,

01:17:55.0] WE HAD SITUATIONS WHERE JUST A

01:17:57.0] RESIDENT WOULD COME FORWARD AND

01:17:59.0] PARTNER WHICH COMMUNITY ORGANIZATION THAT COULD HAPPEN.

01:18:02.0] THAT PROGRAM IS WHAT WE'RE

01:18:04.0] EVOLVING HERE WITH THAT OTHER

01:18:06.0] 50% WHERE COMMUNITIES HAVE IDEAS

01:18:07.0] AND VISIONS AND NOT HAVING TO

01:18:09.0] COMPETE AGAINST ONE ANOTHER.

01:18:10.0] WE ARE ENCOURAGING THEM TO GET

01:18:12.0] THE MONEY OUT THE DOOR.

01:18:14.0] THAT COULD BE A STREETSCAPE THAT

01:18:15.0] HE THIS WANT TO GET DONE, A

01:18:18.0] INVESTING IN MORE AFFORDABLE

01:18:19.0] HOUSING, WHATEVER IS LEGALLY

01:18:22.0] PERMISSIBLE BUT IT BECOMES

01:18:23.0] DRIVEN THAT WAY.

01:18:24.0] SO THERE IS A LOCALITY OF

01:18:25.0] DIFFERENT WAYS, BUT THAT ONE

01:18:27.0] ROUTES THROUGHOUT COMMUNITY

01:18:28.0] COUNCIL AS OPPOSED TO THE FIRST

01:18:30.0] ONE WHICH RODS ROUTES THROUGH

01:18:31.0] THE ONE APPLICATION THAT THEN

01:18:33.0] THAT WOULD BE IDENTIFIED SOURCE

01:18:34.0] AS BEST TO FILL OUT WHATEVER THE

01:18:35.0] NEED IS FOR THE PROJECT. DOES

01:18:37.0] THAT MAKE SENSE?

01:18:40.0] >> Councilmember Harris: I FEST

01:18:41.0] THE LACK IN THE ORDINANCE NEIGHBORHOOD COUNCILS AND

01:18:42.0] COMMUNITY BASED ORGANIZATIONS SO

01:18:43.0] TO MY UNDERSTANDING A COMMUNITY

01:18:45.0] DEVELOP THE CORPORATION LOCAL

01:18:47.0] CHURCH, SOCIAL SERVICE AGENCY

01:18:50.0] WOULD ALSO SUSTAINED A CHANCE TO

01:18:52.0] BE AT THE COLLABORATORS TABLE

01:18:53.0] FOR THIS DECISION MAKING ARE

01:18:56.0] COOL, THANK YOU.

01:19:08.0] >> Councilmember Nolan: THIS IS

01:19:09.0] A MOST PROCESS IMPROVEMENT NOT A

01:19:11.0] SUBSTANTIVE SHIFT IN POLICY.

01:19:12.0] THERE ARE THE SAME ELIGIBLE USES

01:19:15.0] AS REQUIRED BY STATE LAW, SAME

01:19:16.0] ELIGIBLE PROPERTIES AS HAVE BEEN

01:19:18.0] REQUIRED BY STATE LAW.

01:19:19.0] I UNDERSTAND THE FRUSTRATION

01:19:22.0] REGARDING THE INVESTMENT OUT IN

01:19:23.0] OUR NEIGHBORHOODS.

01:19:24.0] WHEN WE LOOK AT THE INVESTMENT

01:19:25.0] IN OUR URBAN CORE OVER THE PAST

01:19:28.0] 25 YEARS WRITER TALKING BILLIONS

01:19:33.0] OF DOLLARS, WE HAVE NOT MADE

01:19:34.0] THAT INVESTMENT IN OUR

01:19:35.0] NEIGHBORHOODS.

01:19:37.0] DOWNTOWN, BANKS, OVER-THE-RHINE

01:19:38.0] HAVE BEEN TRANS FORMED, FULLY

01:19:40.0] UTILIZING THE TIF FUNDS THEY

01:19:41.0] HAVE AVAILABLE TO THEM.

01:19:43.0] WE HAVE NOT SEEN THAT N

01:19:44.0] INVESTMENT OUT IN OUR

01:19:46.0] NEIGHBORHOODS.

01:19:47.0] I UNDERSTAND THE OUTRAGE, THE AM

01:19:49.0] OUTRAGE SHOULD BE DIRECTED AT

01:19:50.0] THE FAILURE TO DEPLOY THE

01:19:53.0] HUNDRED PLUS MILLION DOLLARS

01:19:54.0] THAT IS SITTING IN THESE TIF

01:19:57.0] FUNDS. THE CURRENT SYSTEM IS NOT

01:20:00.0] WORKING. THE MONEY IS SITTING IN THE

01:20:02.0] BANKINGS NOT OUT IN OUR

01:20:03.0] NEIGHBORHOODS.

01:20:04.0] WE NEED TO ACTIVATE AND DEPLOY

01:20:07.0] THOSE FUNDS.

01:20:08.0] AS AN EXAMPLE, FISCAL 2022 WORKS

01:20:11.0] A LOCAL CDC OVER THE PAST COUPLE

01:20:15.0] YEARS RECEIVED CITY FUNDING TO

01:20:17.0] ACQUIRE THEIR OLD THEATER, TO

01:20:19.0] REACTIVATE IT, TO MAKITY A

01:20:21.0] COMMUNITY ASSETS.

01:20:22.0] THEY HAD TO GO THROUGH DIFFERENT

01:20:24.0] APPLICATION PROCESSES TO GET

01:20:26.0] THAT MONEY T. COST THEN TENS OF

01:20:28.0] THOUSANDS OF EXTRA DOLLARS AND

01:20:29.0] MONTHS OF DELAYS TO GET TO THAT

01:20:32.0] POINT.

01:20:33.0] NOT EVERY NEIGHBORHOOD HAS THE

01:20:34.0] RESOURCES TO DO THAT.

01:20:37.0] LAST WEEK I DID MEET WITH PAT

01:20:41.0] TRICK, THE EXECUTIVE DIRECTOR OF

01:20:44.0] THE AVONDALE COMMUNITY ORGANIZATION, WITH A SHOESTRING

01:20:46.0] BUDGET. WE HAD A CONVERSATION ABOUT THE

01:20:48.0] MANY DIFFERENT DEVELOPMENT

01:20:50.0] OPPORTUNITIES THAT FLOW THROUGH THE CITY.

01:20:51.0] WE HAD A GOOD CONVERSATION.

01:20:53.0] THE TIF FUNDS CAME UP.

01:20:54.0] I DON'T KNOW THAT WE SPENT A LOT

01:20:56.0] OF TIME TALKING IT BECAUSE IT

01:20:57.0] WAS PART OF A MUCH LARGER

01:21:01.0] CONVERSATION. AVONDALE HAS 400 VACANT

01:21:03.0] PROPERTIES, THE MOST IN THE

01:21:05.0] CITY.

01:21:07.0] WHATEVER SYSTEM MISPLACE TODAY IS NOT WORKING.

01:21:08.0] SOME OF THOSE PROPERTIES ARE NOT

01:21:10.0] TIF DISTRICT, SOME ARE NOT.

01:21:12.0] WHAT WOULD BE BEST IS IF WHOEVER

01:21:15.0] IS LOOKING TO BUILD IN AVONDALE

01:21:17.0] HAD THE MOST EFFICIENT PATH

01:21:19.0] FORWARD, A SINGLE APPLICATION

01:21:21.0] WHERE THE REVIEWERS OF THAT

01:21:24.0] COMPLICATION MAKE A DECISION

01:21:26.0] ABOUT THESE PROPERTIES BEING IN

01:21:27.0] THE TIF DISTRICT, BEING ELIGIBLE

01:21:29.0] FOR TIF FUNDS AND OTHER

01:21:32.0] PROPERTIES NOT BEING IN THE TIF

01:21:33.0] DISTRICT OR ELIGIBLE FOR THOSE

01:21:36.0] FUNDS.

01:21:37.0] WE NEED TO REMOVE THE

01:21:39.0] BUREAUCRACY. WE NEED TO CUT THE COST.

01:21:42.0] UNLESS THERE I A DIFFERENT IDEA

01:21:43.0] FOR HOW TO DO THIS AND TO DID

01:21:46.0] BETTER THAN WHAT EXISTS TODAY,

01:21:48.0] THEN WE'RE NOT BEING SERIOUS

01:21:49.0] ABOUT INVESTING DOLLARS OUT INTO

01:21:51.0] YOU'RE NATURE NEIGHBORHOOD.

01:21:52.0] WHAT WE HAVE TODAY IS DOES NOT

01:21:54.0] WORK. THAT DOES NOT ABSOLVE US ON

01:21:57.0] COUNCIL OF OUR DUTIES TO THE

01:22:01.0] VOTERS. THESE PROJECTS STILL NEED TO GET

01:22:03.0] OUR CONFIRMATION.

01:22:04.0] SECTION 4 OF THIS ORDINANCE

01:22:09.0] MEMORIALIZING THE COMMUNITY ENGAGEMENT.

01:22:10.0] IT IS THEN ON US TO MAKE A

01:22:13.0] DECISION TO RESPONSIVE TO THE

01:22:14.0] NEEDS OF THE CITY ON AND DOLLARS

01:22:18.0] AND GET THEM OUT THE DOOR.

01:22:20.0] SO, I AGREE WITH MY COLLEAGUES

01:22:23.0] THAT THIS ALSO HELPS IDENTIFY

01:22:27.0] WHICH DOLLARS CAN BE USED FOR

01:22:30.0] CERTAIN PROJECTS THAT ARE NOT IN

01:22:32.0] TIF FURNISHED THAT CAN GO

01:22:33.0] THROUGH THE NEIGHBORHOOD

01:22:34.0] DEVELOPMENT FUND AND I AGREE

01:22:35.0] WITH COUNCILMEMBER CRAMERDING'S

01:22:37.0] POINT THAT WITH THE ONE

01:22:39.0] APPLICATION PROCESS SET UP READY

01:22:40.0] TO GO, WE HAVE TO MAKE THIS

01:22:43.0] MONEY AVAILABLE NOW.

01:22:44.0] WE CANNOT WAIT ANY LONGER.

01:22:45.0] WE HAVE BEEN DEPRIVING OUR

01:22:47.0] NEIGHBORHOODS OF DEVELOPMENT

01:22:49.0] OPPORTUNITIES BECAUSE WE HAVE

01:22:50.0] BEEN SITTING HERE FILING DO OUR

01:22:55.0] JOBS.

01:23:07.0] >> Councilmember Jeffreys: I

01:23:08.0] THINK THERE'S LOT HERE, THE ONE

01:23:11.0] PIPELINE APPLICATION, ONE POINT

01:23:13.0] THAT HAS NOT BEEN MADE IS

01:23:16.0] HELPFUL FOR SMALL DEVELOPERS.

01:23:18.0] BIG DEVELOPERS CAN HANDLE 3, 4,

01:23:20.0] 5 EXHIBIT MRS., ONE HELPS A

01:23:22.0] SMALL DEVELOPER BECAUSE THERE IS

01:23:23.0] ONE PLACE TO GO, THERE IS LESS

01:23:26.0] WHAT DO I DO.

01:23:27.0] THE BIG DEVELOPERS CAN HIRE

01:23:29.0] LAWYERS AND NAVIGATE THE SYSTEM

01:23:30.0] AND KNOW THE SYSTEM, SO I THINK

01:23:32.0] THAT'S AN IMPORTANT POINT.

01:23:35.0] ALONG YES THERE IS A HUNDRED

01:23:37.0] MILLION ANOTHER SIDELINES OF

01:23:38.0] MONEY THAT NEIGHBORHOODS CAN USE

01:23:40.0] AND SHOULD BE USING THAT, THIS

01:23:42.0] DOES PROVIDE MORE PREDICTABLE

01:23:44.0] FUNDING.

01:23:45.0] LIKE THE FACT THAT THE VICE

01:23:48.0] MAYOR POINT ODD IT ALLOWS MORE

01:23:50.0] HOMEOWNERSHIP WHICH IS HUGE, WE

01:23:51.0] HAVE TO INCREASE THE AMOUNT OF

01:23:53.0] AND THAT DO THINK THE PUBLIC

01:23:56.0] DASHBOARD MAKES IT MORE

01:23:58.0] TRANSPARENT, CONTINUING TO TRACK

01:23:59.0] PUBLICLY WHERE THESE DOLLARS ARE

01:24:02.0] GOING. AND I LIKE THE 90 DAY TARGET

01:24:05.0] GIVING BECAUSE NOW I THINK IT IS

01:24:06.0] 20, SO WE'RE GIVING 90 DAYS

01:24:08.0] THIS SHOULD BE A PROVED.

01:24:11.0] SO, PEOPLE CAN, SOMEBODY COMING

01:24:12.0] INTO NEIGHBORHOOD A NEIGHBORHOOD

01:24:13.0] THEY CAN GET A ANSWER A LOT MORE

01:24:16.0] QUICKLY AS COUNCILMEMBER WALSH

01:24:17.0] AND I TALKED THERE WERE A FEW

01:24:19.0] AREAS THAT AS FOLLOW-UP

01:24:21.0] REQUIRING REVIEW TALKING HOW DO

01:24:24.0] WE WEIGHT DIFFERENT PROJECTS

01:24:25.0] WITH THEIR 40 UNITS MARKET RATE

01:24:27.0] 40 WITH A 35 FORE THE AFFORDABLE

01:24:30.0] DO WE WEIGHT MORE WITH ANOTHER?

01:24:32.0] IT DOESN'T HAVE TO BE

01:24:34.0] ACCOMPLISHED IN THIS ORDINANCE BUT THOSE ARE GOOD CONVERSATIONS

01:24:36.0] TO HAVE AS FOLLOW-UP.

01:24:40.0] AND YOUNG TO THE MONEY IN AVONDALE STAYS IN AVONDALE,

01:24:41.0] MONEY IN A NEIGHBORHOOD STAYS

01:24:42.0] FROM A NEIGHBORHOOD. THAT'S THE

01:24:44.0] MOST IMPORTANT POINT.

01:24:45.0] IT IS NOT GOING TO ANOTHER

01:24:47.0] NEIGHBORHOOD.

01:24:48.0] SO, BROADLY VERY SUPPORTIVE OF

01:24:52.0] IT. YOU KNOW AND APPRECIATE THE WORK

01:24:54.0] THAT'S BEEN DONE.

01:24:57.0] AND IF THERE IS A DESIRE TO --

01:25:00.0] THIS IS NEEDED BY MID-NOVEMBER.

01:25:02.0] I HAVE NO PROBLEM IF WE WANT TO

01:25:04.0] DELAY IT FOR TWO WEEKS TO GET

01:25:06.0] COMMUNITY, MORE PEOPLE EDUCATED

01:25:07.0] INDICATED BUT I THINK IT IS MOST

01:25:09.0] OF THE PEOPLE HERE WHO HAVE BEEN

01:25:12.0] EXPRESSING CONCERNS ARE HERE AND

01:25:14.0] THEY KIND OF UNDERSTAND IT MORE.

01:25:15.0] SO I'M NOT SURE THAT THAT IS

01:25:17.0] NEEDED.

01:25:18.0] APPRECIATE IT.

01:25:23.0] >> Vice Mayor Kearney: JUST A

01:25:24.0] QUICK CLARIFICATION, TIF DOLLARS

01:25:26.0] CAN BE USED IN THE ADJACENT

01:25:29.0] INITIALS NOT JUST THAT SPECIFIC

01:25:32.0] NEIGHBORHOOD. >> Councilmember Cramerding:

01:25:33.0] WE'LL ASK ACM WEB ARERS DO YOU

01:25:35.0] WANT TO GET INTO THAT.

01:25:36.0] >> I WILL LET THE LAW DEPARTMENT

01:25:40.0] SUPPLEMENT IF NECESSARY.

01:25:41.0] BUT HOUSING RENOVATIONS IS ONE

01:25:43.0] ELIGIBLE USE MUST BE USED IN THE

01:25:45.0] TIF DISTRICT BOUNDARIES ITSELF.

01:25:46.0] PUBLIC INFRASTRUCTURE

01:25:47.0] IMPROVEMENT WHICH IS ANOTHER

01:25:49.0] CATEGORY OF ELIGIBLE EXPENDITURE

01:25:50.0] THEY MUST DIRECTLY BENEFIT THE

01:25:53.0] DISTRICT, SO THERE IS A LITTLE

01:25:55.0] BIT OF WIGGLE ROOM SOMETIMES

01:25:58.0] THAT IN THAT GEOGRAPHY BUT IT IS

01:26:00.0] STILL QUITE TIGHT FOR BENEFITING

01:26:02.0] THE GEE ONLY IF I OF THE

01:26:03.0] DISTRICT.

01:26:04.0] >> Vice Mayor Kearney: I WAS

01:26:05.0] THINK BEING WHAT HAPPENED THERE WAS ONE NEIGHBORHOOD THAT WAS

01:26:07.0] BUILDING AN ART CENTER AND USED

01:26:09.0] THE TIF FROM THE ADJACENT

01:26:12.0] NEIGHBORHOOD, SO THAT DOES

01:26:13.0] HAPPEN.

01:26:14.0] IT IS NOT ALWAYS CONFINED TO THE

01:26:15.0] NEIGHBORHOOD, JUST TO POINT THAT

01:26:17.0] OUT AS A CLARIFICATION.

01:26:18.0] YOU KNOW, SO WE'RE ARGUING ABOUT

01:26:20.0] ARE WE GOING TO DO THIS TODAY OR

01:26:23.0] NOT. SO YOU NOTICED MOST OF US HAD

01:26:25.0] QUESTIONS ABOUT THIS ORDINANCE.

01:26:27.0] COUNCILMEMBER JEFFREYS MENTIONED

01:26:28.0] I HAD AT LEAST 8 QUESTIONS THAT

01:26:30.0] YOU CLARIFIED FOR HIM,

01:26:34.0] COUNCILMEMBER JAMES SAID AS A

01:26:36.0] LITTLE CLOUD/EXECUTION, YOU

01:26:38.0] CLARIFIED THAT THAT'S ALL THE

01:26:39.0] PUBLIC IS SAYING.

01:26:40.0] WE HAVE SAT HERE, WE DISCUSSED

01:26:42.0] THIS, WE HAVE HAD A CHANCE TO

01:26:44.0] ASK QUESTIONS ASH GET

01:26:47.0] CLARIFICATION, THAT'S WHAT THE

01:26:48.0] PUBLIC WANTS TO DO. WE HAD THIS

01:26:51.0] DISCUSSION NOW.

01:26:54.0] I AM NOT SAYING THERE IS

01:26:56.0] ANYTHING WRONG THIS ORDINANCE.

01:26:58.0] THE ONE PIPELINE IS WONDERFUL.

01:26:59.0] IT IS ALREADY ON YOU'RE WEBSITE.

01:27:02.0] I AM ENCOURAGED ABOUT IN THE

01:27:05.0] COMMUNITY ENGAGEMENT PART WHICHS

01:27:07.0] WAS CONCERNED WHEN I FIRST READ IT.

01:27:08.0] BUT YOU HAVE CLARIFIED THAT.

01:27:11.0] BUT THE PUBLIC STILL HAS

01:27:12.0] QUESTIONS. AND SO, YOU KNOW, WE RUSH THINGS

01:27:14.0] BUT IT IS REALLY NOT FAIR TO THE

01:27:16.0] PUSHING THE PEOPLE WE SERVE.

01:27:18.0] THAT'S ALL I'M SAYING.

01:27:19.0] YOU KNOW, LET THEM HAVE A CHANCE

01:27:21.0] TO COME AND SAY, OKAY, HERE IS

01:27:23.0] WHAT YOU SAID. THEY CAN CALL YOU, ASK

01:27:27.0] QUESTIONS, THEY CAN GIVE

01:27:28.0] FEEDBACK.

01:27:29.0] THAT'S ALL WE NEED.

01:27:30.0] I THINK WE DO A LOT OF WE'RE

01:27:31.0] GOING TOKING DO IT THIS WAY.

01:27:33.0] WE KNOW THIS IS RIGHT FOR YOU,

01:27:34.0] WE'RE GOING TO DO IT FOR YOU, TO

01:27:37.0] YOU, BUT NOT WITH YOU.

01:27:39.0] SO LET'S JUST DO IT WITH THE

01:27:41.0] PEOPLE THAT WE WERE ELECTED TO

01:27:44.0] SERVE THAT'S THE 314,000 PEOPLE

01:27:46.0] IN THE CITY OF CINCINNATI.

01:27:47.0] GIVE THEM A CHANCE TO ASK SOME

01:27:48.0] QUESTIONS SO THEY ARE CLEAR ON

01:27:50.0] HOW THIS WORKS AS WELL.

01:27:52.0] IT IS NOT SAYING THERE IS

01:27:53.0] ANYTHING WRONG WITH IT, BUT I

01:27:54.0] THINK THE CLARIFICATION NOTICE

01:27:57.0] ENGAGEMENT IS REALLY IMPORTANT.

01:28:00.0] WITH R WE TEND TO RUSH TOO MUCH.

01:28:02.0] I LET'S GET IT DONE, WE DON'T

01:28:04.0] WANT TO SLOW IT DOWN FOR MONTHS.

01:28:08.0] A WEEK OR SO, THAT'S NOT BAD.

01:28:13.0] THAT'S REASONABLE TO HAVE A

01:28:14.0] DISCUSSION AND I'LL WRAP THIS

01:28:16.0] UP, BUT TO HAVE A DISCUSSION WE

01:28:18.0] INTRODUCE THIS IN A COMMITTEE

01:28:19.0] MEETING, WE HAVE A ROBUST

01:28:21.0] DISCUSSION. WE ALL GET CLARITY AND THEN WE

01:28:23.0] GIVE THE PUBLIC A CHANCE TO GET

01:28:27.0] CLARITY.

01:28:30.0] LET'S HOLD IT FOR A WEEK, THAT'S

01:28:31.0] NOT A LONG TIME.

01:28:33.0] >> Councilmember Cramerding:

01:28:34.0] COUNCILMEMBER JAMES?

01:28:35.0] >> Councilmember Ryan James: I WANT TO BE TRANSPARENT HERE.

01:28:36.0] I'LL FAVORABLE TOWARD THIS

01:28:39.0] DIRECTION. I THINK THAT'S THOUGHTFUL

01:28:42.0] ORDINANCE. I THINK IT COULD BE RIGHT THING

01:28:43.0] FOR RESIDENTS OF CINCINNATI BUT

01:28:45.0] I ALSO UNDERSTAND THAT IT IS

01:28:49.0] INEXCUSABLE THAT NO NEIGHBORHOOD

01:28:50.0] COUNCILS WERE CONSULTED IN A

01:28:53.0] CONVERSATION ABOUT THE ISSUE

01:28:56.0] THAT DEEPLY IMPACTS OUR NEIGHBORHOODS AND OUR RESIDENTS.

01:28:58.0] YOU KNOW, HAVE I A POINT OF

01:29:00.0] INQUIRY HERE TO THE

01:29:03.0] ADMINISTRATION CAN WE POSTPONE,

01:29:04.0] I WANT TO POSTPONE THIS FOR A

01:29:08.0] EXPLICIT AMOUNT OF TIME.

01:29:09.0] DON'T WANT TO PUSH THIS OFF OR

01:29:11.0] KICK THE ROCK DOWN THE ROAD OR

01:29:13.0] COME BACK TWO YEARS LATER.

01:29:14.0] I WANT A FINITE AMOUNT OF TIME

01:29:16.0] THAT WE CAN POSTPONE THIS FOR?

01:29:18.0] IS THERE A WAY TO END THIS

01:29:20.0] POSTPONE THIS CONVERSATION WE

01:29:21.0] CAN HAVE A EXPLICIT ONE MONTHS,

01:29:24.0] TWO MONTHS, THREE MONTHS TO GIVE

01:29:26.0] US AFFIXED AMOUNT TO HAVE

01:29:27.0] CONVERSATIONS WITH COMMUNITY TO

01:29:28.0] MAKE SURE THEY ARE AT THE TABLE?

01:29:31.0] >> Councilmember Cramerding:

01:29:32.0] COUNCILMEMBER JAMES, THAT WOULD

01:29:33.0] BE COUNCIL DETERMINATION WE COULD SRO HOLD IT FOR 2 WEEKS, 4

01:29:36.0] WEEKS, OF WEEKS, I'M READY TO

01:29:38.0] VOTE. I THINK IT IS DISCUSSED ENOUGH

01:30:14.0] WE ARE LISTENING TO THE

01:30:15.0] COMMUNITY.

01:30:16.0] THEY WANT MORE RESOURCES SO I

01:30:20.0] UNDERSTANDER BEING ABLE TO

01:30:21.0] EXPLAIN THAT TO PEOPLE BUT I

01:30:23.0] UNDERSTAND WHERE MISPERCEPTIONS

01:30:25.0] AND THINGS GET TWISTED AND THEN

01:30:27.0] HERE WE'RE BACK TO A DEBATE AND

01:30:29.0] ARGUMENT THAT SHOULD NOT BE

01:30:31.0] HAPPENING WHERE WE'RE ACTUALLY

01:30:33.0] TRYING TO MAKE PROGRESS.

01:30:34.0] MY POSITION WILL STAY THE SAME

01:30:39.0] SAME.

01:30:40.0] >> Councilmember Albi: THANK

01:30:41.0] YOU, I MEAN I THINK TODAY HAS

01:30:47.0] BEEN A ROBUST DISCUSSION, I'M

01:30:48.0] HAPPY TO TAKE THE RECORDING THIS

01:30:49.0] DISCUSSION, E-MAIL IT TO INVEST

01:30:51.0] IN NEIGHBORHOODS AND ASK THAT

01:30:52.0] ELIZABETH SHARE THIS WITH EVERY

01:30:54.0] COMMUNITY COUNCIL PRESIDENT SO

01:30:55.0] THEY HAVE ACCESS TO ALL THEIR

01:30:56.0] INFORMATION.

01:30:57.0] SO, I AM TOTALING TAKE THAT ON

01:31:00.0] IN MY OFFICE, I'M GIVING THEM A

01:31:03.0] LOOK, WE WILL DO THAT AND MAKE

01:31:05.0] SURE IT IS AVAILABLE TO ALL OUR

01:31:07.0] COMMUNITY COUNCIL PRESIDENTS.

01:31:10.0] >> Councilmember Walsh: JUST A

01:31:11.0] POINT OF CLARIFICATION ON

01:31:12.0] STATEMENT MADE EARLIER BY THE

01:31:13.0] VICE MAYOR REGARDING MONEY

01:31:14.0] OUTSIDE THE DISTRICT.

01:31:15.0] JUST TO CLARIFY WHAT HAPPENED

01:31:17.0] WITH THE ARTS CENTER THERE.

01:31:25.0] TECHNICALLY IT CAN BE DONE, IT

01:31:26.0] IS VERY, VERY DID, THERE ARE NOT

01:31:28.0] MANY SUCCESSES. WITH THE ARTS EXAMPLE THAT WAS

01:31:30.0] USED I THINK THERE WAS AN

01:31:32.0] INITIAL VISION THAT COULD BE A

01:31:34.0] CASE, NOT LEGALLY PERMISSIBLE.

01:31:36.0] THAT'S HOW THE MONEY ENDED UP

01:31:38.0] USING. THE MONEY WAS SWITCHED ON SHA

01:31:40.0] THE TIF MONEY WENT TOWARD

01:31:42.0] PROJECTS COMMERCIAL WITHIN THAT

01:31:43.0] COMMUNITY WHICH FREED UP CAPITAL

01:31:46.0] MONEY THAT WENT TO IT INSTEAD

01:31:48.0] FOR CLARIFICATION PURPOSES THE

01:31:51.0] MONEY GOES INTO TIF DISTRICT IT

01:31:52.0] DOES ALLOW AS THE CITY MANAGER

01:31:56.0] WEBER DESCRIBED SOME ALLOWANCES

01:31:58.0] AROUND IT BUT IT HAS SCRIBBLELY

01:32:01.0] CON COMPLICATED I WANT TO MAKE

01:32:03.0] SURE THAT'S KNOWN AND SAID

01:32:04.0] THEY'RE. THERE IS STATE LAW AROUND IT BUT

01:32:06.0] THAT WASN'T USED THAT WAY

01:32:10.0] ULTIMATELY.

01:32:14.0] >> Vice Mayor Kearney: I WANT

01:32:15.0] PEOPLE TO UNDERSTAND SOMETIMES

01:32:16.0] MONEY IS USED IN ADJACENT

01:32:17.0] NEIGHBORHOODS. THAT WAS MY WHOLE POINT.

01:32:19.0] >> Vice Mayor Kearney: I WANTED TO MAKE SURE ON THAT EXAMPLE

01:32:21.0] BECAUSE THAT WAS NOT REALLY

01:32:22.0] PERMISSIBLE I DIDN'T WANT TO GET

01:32:24.0] THE WRONG IDEA THAT'S ULTIMATE

01:32:26.0] PATLY WHAT HAPPENED BIAS THAT'S

01:32:27.0] THAT'S NOT WHAT HAPPENED BECAUSE

01:32:28.0] THAT WASN'T ALLOWED.

01:32:31.0] >> Vice Mayor Kearney:

01:32:33.0] MR. CHAIRMAN? >> Councilmember Cramerding:

01:32:34.0] WANTED TO COMMENT ON THAT POINT?

01:32:35.0] >> I WAS GOING TO PROVIDE TWO

01:32:36.0] CLEAR IF I INDICATIONS AND THEN

01:32:38.0] JUST ONE OTHER POINT.

01:32:39.0] ONE I WANT ODD TO MAKE CLEAR THE

01:32:41.0] DISCUSSION AROUND THE ROUGHLY

01:32:44.0] HUNDRED MILLION DOLLARS

01:32:45.0] AVAILABLE, THE $50 MILLION THAT

01:32:46.0] WOULD BE THE 50% APPROPRIATED AT

01:32:48.0] A FUTURE DATE HERE, THAT IS ONE

01:32:50.0] TIME, THAT IS A ACCRUED OVER

01:32:52.0] TIME TO THE EARLIER POINT AROUND

01:32:55.0] THE DOLLARS NOT BEING DEPLOYED.

01:32:56.0] THAT WOULDN'T BE ANNUAL, THAT

01:32:58.0] WOULD BE THE ONE TIME AND

01:33:00.0] ANNUALLY FENTANYL ON AN AMOUNT I

01:33:03.0] WANT TO HIGHLIGHT AS WE ARE YOU

01:33:05.0] CAN TAG ABOUT THE TIF DISTRICT

01:33:07.0] GEOGRAPHY THAT CAN BE SENSITIVE.

01:33:09.0] THE DISTRICT BOUNDARIES WILL NOT

01:33:13.0] EXACTLY WITH THE DESCRIBED

01:33:14.0] NEIGHBORHOOD BOUNDARIES.

01:33:15.0] SO JUST SO FOLKS HAVE THAT

01:33:17.0] AWARENESS.

01:33:18.0] AND LAST PIECE I WILL OFFER IS

01:33:23.0] THAT ONE WAY TO THINK ABOUT THIS

01:33:26.0] IS FOCUSING THE ENGAGEMENT MORE

01:33:29.0] ON THE PROJECT AND LESS ON THE

01:33:31.0] SOURCE OF FUNDING FOR A PROJECT.

01:33:34.0] I THINK FOR THOSE OF US THAT ARE

01:33:36.0] DEEPLY EDGE GAUGED IN THIS WE

01:33:38.0] GET.

01:33:39.0] CAUGHT UP IN THE EXACT SOURCE

01:33:40.0] AND THE FINDING BUT ARE TO THE

01:33:43.0] FOLKS LIVING IN COMMUNITIES GENERALLY THAT IS NOT THEIR

01:33:45.0] FOCUS. WHAT THEY CARE ABOUT IS WHAT IS

01:33:47.0] GOING TO BE BUILT AND WHAT THE

01:33:50.0] ROLE THE CITY IS PLAYING IN

01:33:51.0] GETTING IT BUILT.

01:33:53.0] SO, I WILL SHARE THAT ONE OF THE

01:33:57.0] ELEMENTS MAT ADMINISTRATION IS

01:33:58.0] WORKING ON BASED ON JUST

01:34:00.0] CONVERSATIONS LIKE THIS AND

01:34:01.0] PREVIOUS CONVERSATIONS WHERE WE

01:34:03.0] HAVE HEARD THE REQUEST FOR

01:34:05.0] COUNCIL TO HAVE MORE CLARITY

01:34:07.0] HERE AND I THINK THAT GOES FOR

01:34:09.0] CLARITY ON THE COMMUNITY SIDE AS

01:34:10.0] WELL ON THE DEVELOPER SIDE AND

01:34:12.0] SO ONE THING WE ARE WORKING TO

01:34:14.0] DEVELOP TO BRING TO COUNCIL AND

01:34:16.0] THERE WILL BE COMMUNITY

01:34:19.0] ENGAGEMENT THROUGHOUT THE

01:34:21.0] PROCESS IS BASICALLY MINIMUM

01:34:24.0] GUIDELINES, GUIDELINES THAT

01:34:25.0] COUNCIL WOULD PLEASE TO SAY THIS

01:34:26.0] WOULD BE OUR EXPECTATION OF A

01:34:28.0] PROJECT TO ENGAGE WITH COMMUNITY

01:34:31.0] DEVELOPERS WOULD UNDERSTAND

01:34:33.0] THAT. YOU KNOW THERE ARE VERY

01:34:34.0] DIFFERENT CIRCUMSTANCES WHICH

01:34:36.0] MAY REQUIRE DIFFERENT LEVELS OF

01:34:38.0] ENGAGEMENT GIVEN JUST PROJECT

01:34:39.0] SCALE, ET CETERA.

01:34:40.0] AND SO ONE OF OUR GOALS IS TO

01:34:42.0] SUPPORT YOU ALL IN SETTING

01:34:45.0] CLARITY FOR ALL PARTIES INVOLVED

01:34:47.0] INCLUDING YOUR SELVES AROUND

01:34:49.0] PROJECTS ENGAGEMENT, BUT AGAIN

01:34:52.0] FOCUSING MORE ON PROJECT A

01:34:54.0] LITTLE LESS ON FINANCING SOURCE.

01:35:03.0] >> Councilmember Cramerding:

01:35:04.0] THIS IS AN IMPORTANT IMPROVEMENT, GET MONEY OUT THE

01:35:05.0] DOOR FASTER AND COMMUNITY

01:35:06.0] ENGAGEMENT AND HOW TO REFINE

01:35:08.0] THAT FOR PEOPLE TO LEARN MORE

01:35:09.0] AND HOW THE COMMUNITY ENGAGEMENT

01:35:11.0] WILL WORK BEST FOR

01:35:12.0] NEIGHBORHOODS. I'M READY TO VOTE I WILL ASK A

01:35:15.0] ROLL CALL VOTE ON PARKING GARAGE

01:35:17.0] OF ITEM NUMBER 1.

01:35:19.0] >> Councilmember Cramerding:

01:35:21.0] YES. >> Councilmember Nolan:

01:35:22.0] [INDISCERNIBLE]

01:35:23.0] >> Councilmember Albi: YES.

01:35:24.0] >> Councilmember Ryan James:

01:35:25.0] YES.

01:35:29.0] >> Councilmember Jeffreys: YES.

01:35:35.0] >> Vice Mayor Kearney: NO.

01:35:36.0] >> Councilmember Owens: YES.

01:35:38.0] >> Councilmember Walsh: YES.

01:35:39.0] >> MOTION PASSES.

01:35:41.0] >> Councilmember Cramerding:

01:35:42.0] THANK YOU, THANK YOU TO AVONDALE

01:35:43.0] PRESENCE THE FIRST STEP OF WHAT

01:35:44.0] WILL BE A MUCH LONGER

01:35:47.0] CONVERSATION. AS I THINK THIS IMPORTANT

01:35:50.0] REFORMS PROCEED.

01:35:51.0] COUNCILMEMBER WALSH, ANY FINAL

01:35:54.0] COMMENTS? ALL RIGHT.

01:35:55.0] ITEM NUMBER 1 PASSED.

01:36:05.0] DR. DUDAS, A BOND ORDER FOR

01:36:09.0] RECREATION.

01:36:10.0] >> Dr. Dudas: ITEM NUMBER 2 ACE

01:36:11.0] A BOND ORDINANCE FROM THE

01:36:12.0] FINANCES DEPARTMENT.

01:36:13.0] THIS IS FOR THE CINCINNATI

01:36:15.0] RECREATION COMMISSION.

01:36:17.0] IT WOULD BE $5 MILLION OF WRECK

01:36:20.0] CRAIGS FACILITY IMPROVEMENTS

01:36:24.0] BONDS. THESE FUNDS ARE FOR THE

01:36:28.0] MUNICIPAL GOLF ENTER PRY PRIZE,

01:36:31.0] SPECIFICALLY FOR THE NEWMAN

01:36:36.0] PROJECT CAPITAL REPLACEMENT.

01:36:37.0] IT WAS DELAYED AND NOW READY TO

01:36:40.0] MOVE FORWARD.

01:36:41.0] THE MUNICIPAL GOLF FUND WOULD BE

01:36:44.0] ABLE TO MAKE DEBT SERVICE

01:36:46.0] PAYMENTS AND THERE WILL BE A

01:36:48.0] FOURTH COMING APPROPRIATION

01:36:50.0] ORDINANCE LIKELY NEXT WEEK TO

01:36:52.0] SET UP THE CAPITAL PROJECT

01:36:54.0] ACCOUNT AND TRANSFER AND

01:36:56.0] APPROPRIATE THE BOND PROCEEDS.

01:36:58.0] >> Councilmember Cramerding:

01:36:59.0] YEAH, THIS ACE EXCITING PROJECT.

01:37:02.0] THE NEW NEWMAN CLUBHOUSE WILL

01:37:04.0] ALLOW THEM TO DO BIGGER EVENTS,

01:37:06.0] BRING IN MORE REVENUES AND ALL

01:37:08.0] THAT REVENUE WILL BE USED FOR

01:37:10.0] YOUTH ENGAGEMENTS AND OTHER GOLF

01:37:11.0] PROGRAMMING WE DO AS A CITY.

01:37:14.0] SO IT IS IT IS A WISE CAPITAL

01:37:16.0] INVESTMENT WHICH WILL BE USED

01:37:18.0] FOR MORE MONEY FOR ALL THE

01:37:19.0] THINGS THAT ARE IMPORTANT FOR

01:37:22.0] RECREATION AND OUR KIDS.

01:37:23.0] PUT ITEM NUMBER 2 ON FOR

01:37:25.0] PASSAGE. >> Dr. Dudas: TO THE CHAIR, ITEM

01:37:27.0] NUMBER 3 IS AN ORDINANCE THAT

01:37:29.0] WOULD AUTHORIZES THE DIDN'T

01:37:32.0] $1,100 OF EXISTING FUNDS IN

01:37:34.0] SPECIAL EVENTS FUND 314 WHICH

01:37:36.0] HAVE BEEN EARMARKED FOR GIRLS IN

01:37:39.0] GOVERNMENT PROGRAMMING

01:37:41.0] SPECIFICALLY THIS AMOUNT IS FOR

01:37:45.0] PURCHASING A TABLE AT THE

01:37:51.0] NATIONAL ASSOCIATION FOR THE ADVANCEMENT OF COLORED PEOPLE

01:37:52.0] FREE DONE FULL NAMED DINNER

01:37:54.0] WHICH ALLOWED 10 SCHOOL AGE

01:37:55.0] GIRLS FROM CINCINNATI PUBLIC

01:37:56.0] SCHOOLS TO ATTEND.

01:37:59.0] >> Councilmember Cramerding: SO,

01:38:00.0] COUNCILMEMBER PARKS WAS ALWAYS

01:38:01.0] BIG ADVOCATE FOR THESE SPECIAL

01:38:03.0] EVENTS FOR GIRLS IN GOVERNMENT.

01:38:05.0] IS THERE A NEW ADVOCATE?

01:38:07.0] HAS IT BEEN A DOPPED DON'TED?

01:38:10.0] >> Vice Mayor Kearney: YES, SO

01:38:11.0] MY UNDERSTANDING ULTIMATE CITY

01:38:12.0] MANAGER OFFICE HAS TAKEN THIS

01:38:13.0] ON. WHICH IS REALLY EXCITING.

01:38:16.0] COUNCILMEMBER PARKS DID A GREAT

01:38:18.0] JOB OF GETTING IT GOING, REALLY

01:38:21.0] JUST A FANTASTIC PROGRAM.

01:38:22.0] ALSO I WANT TO SAY

01:38:25.0] CONGRATULATIONS TO THE NAACP IT

01:38:27.0] ON THE FREEDOM FOUNDING

01:38:30.0] IRRELEVANT. I'M EXCITED THE CITY HAD A TABLE

01:38:32.0] THERE, BUT A TABLE FOR THE GIRLS

01:38:35.0] WAS REAL REALLY GREAT.

01:38:36.0] 1600 PEOPLE, I THINK THE LARGEST

01:38:38.0] EVENT AT SHARONVILLE TO DATE.

01:38:40.0] WE NEED TO GET THEM BACK HERE TO

01:38:42.0] CINCINNATI TO FIRST FINANCIAL.

01:38:43.0] WE WILL WORK ON THAT FOR NEXT

01:38:45.0] YEAR.

01:38:46.0] BUT FANTASTIC DINNER AND SO GLAD

01:38:47.0] THE CITY DID THIS.

01:38:54.0] >> Councilmember Cramerding: T.

01:38:55.0] >> Dr. Dudas: TO THE CHAIR, ITEM

01:38:57.0] NUMBER 4 IS AN ORDINANCE FROM

01:38:58.0] THE OFFICE OF STRATEGIC GROWTH

01:39:00.0] THIS WOULD EXECUTE A FUNDING

01:39:02.0] AGREEMENT WITH 550 WALNUT UNTIL

01:39:05.0] LLC A AFFILIATE OF URBAN SITES

01:39:08.0] LLC.

01:39:09.0] THIS IS TO RENOVATE AN EXISTING

01:39:12.0] BUILDING AT 530 WALNUT STREET IN

01:39:16.0] THE CONTRIBUTE. CENTRAL

01:39:19.0] BUSINESS DISTRICT. THIS WOULD CREATE A MIXED USE

01:39:23.0] DEVELOPMENT WITH 67 RESILIENCE

01:39:25.0] UNITS RESIDENTIAL UNITS AND A

01:39:27.0] PORTION OF COMMERCIAL SPACE.

01:39:28.0] THIS INCLUDES THE TRANSFER

01:39:29.0] ARREST APPROPRIATION OF

01:39:32.0] $2.9 MILLION FROM THE DOWNTOWN

01:39:34.0] OVER-THE-RHINE EAST EQUIVALENT

01:39:36.0] FUND TO SUPPORT THE RENOVATION

01:39:38.0] AND CONSTRUCTION ACTIVITIES.

01:39:44.0] >> Councilmember Cramerding:

01:39:45.0] WE'LL PUT ITEM NUMBER 4 ON FOR

01:39:46.0] PASSAGE. >> Dr. Dudas: TO THE CHAIR, ITEM

01:39:50.0] NUMBER 5 SIMILARLY THIS IS AN

01:39:51.0] ORDINANCE FROM THE OFFICE OF

01:39:53.0] STRATEGIC GROWTH FOR A FUNDING

01:39:55.0] AGREEMENT.

01:39:56.0] THIS WOULD BE WITH CLIFTON

01:39:57.0] HEIGHTS COMMUNITY URBAN

01:40:01.0] REDEVELOPMENT CORPORATION

01:40:03.0] UTILIZING $310,000 OF FUNDING

01:40:07.0] FROM THE MOUNT AUBURN EQUIVALENT

01:40:13.0] FUND. THIS WOULD BE USED TO ACQUIRE

01:40:15.0] AND DEE MOSTLY ITCH A BUILDING

01:40:19.0] AT 2260 VINE STREET.

01:40:25.0] >> Councilmember Cramerding: PUT

01:40:26.0] 5 ON FOR PASSAGE.

01:40:27.0] TO THE CHAIR, ITEM NUMBER 6 IS

01:40:29.0] AN ORDINANCE FROM THE DEPARTMENT

01:40:32.0] OF TRANSPORTATION AND ENGINEERING TO ACCEPT AND

01:40:34.0] CONFIRM THE DEDICATION TO PUBLIC

01:40:37.0] USE OF A .016-ACRE TRACT OF

01:40:42.0] REAL PROPERTY WHICH ACE PORTION

01:40:43.0] OF READING ROAD.

01:40:44.0] IT WOULD BE MADE AVAILABLE TO

01:40:46.0] THE CITY AS PUBLIC RIGHT OF WAY

01:40:50.0] FOR STREET PURPOSES.

01:40:51.0] THIS THANKING DEDICATED TO THE

01:40:53.0] CITY T CC SUPPORT CORPORATION.

01:40:58.0] >> Councilmember Cramerding: PUT

01:40:59.0] 6 ON FOR PASSAGE.

01:41:00.0] >> Dr. Dudas: TO THE CHAIR, ITEM

01:41:01.0] NUMBER 7 IS A IS AN ORDINANCE

01:41:05.0] FOR DEPARTMENT OF TRANSPORTATION

01:41:06.0] AND ENGINEERING WHICH WOULD

01:41:07.0] AUTHORIZES THE CITY MANAGER TO

01:41:09.0] COOPERATE WITH THE DIRECTOR OF

01:41:11.0] OHIO DEPARTMENT OF

01:41:12.0] TRANSPORTATION TO FACILITATE THE

01:41:15.0] PERFORMANCE OF VARIOUS

01:41:16.0] CONSTRUCTION AND BRIDGE

01:41:18.0] MAINTENANCE ACTIVITIES.

01:41:20.0] THIS IS RELATED TO AN ODOT

01:41:23.0] PROJECT FOR THE INTERSECTION OF

01:41:27.0] U.S. STATE ROUTE 42 AND

01:41:34.0] INTERSTATE 71. THE RAMPS AS WELL AS ELSINORE

01:41:37.0] PLACE AND VARIOUS BRIDGES OVER

01:41:40.0] INTERSTATE 71.

01:41:42.0] THE COOPERATIVE AGREEMENT WOULD

01:41:44.0] ALLOW THIS ROUTINE MAINTENANCE

01:41:46.0] TO OCCUR WHICH INCLUDES PAVEMENT

01:41:50.0] RESURFACING, INCREASING ISLAND

01:41:52.0] SIZES SHALL CONCRETE MEDIANS AND

01:41:54.0] VARIOUS MARKINGS AND SIGNAGE.

01:41:58.0] >> Councilmember Cramerding: D.

01:41:59.0] DUDAS, IS THE FUNDING IS

01:42:01.0] COOPERATIVE WITH ODOT, IS THE

01:42:02.0] FUNDING ALL ODOT FUNDING IN.

01:42:05.0] >> Dr. Dudas: THIS FUNDING IS

01:42:06.0] BEING PROVIDED BY ODOT.

01:42:09.0] THIS IS THEIR RESPONSIBILITY,

01:42:10.0] BUT BECAUSE IT IS IN THE CITY

01:42:12.0] WE, THEY HAVE ASKED FOR

01:42:16.0] COOPERATION ON PERFORMING THE

01:42:19.0] WORK. >> Councilmember Cramerding: PUT

01:42:20.0] ITEM NUMBER 07 FOR PASSAGE.

01:42:21.0] >> Dr. Dudas: TO THE CHAIR, ITEM

01:42:24.0] NUMBER 8 IS AN ORDINANCE THAT

01:42:28.0] AUTHORIZES 3 MORAL OBLIGATION

01:42:30.0] PAYMENTS RELATED TO THE MARTIN

01:42:35.0] LUTHER KING, DR. MARTIN LUTHER

01:42:37.0] KING JUNIOR MEMORIAL CELEBRATION

01:42:40.0] AND STATUE UNVEILING.

01:42:42.0] THE FIRST IS A PAYMENT OF $9,886

01:42:49.0] TO PLAY ZONE LLC, THIS IS FOR

01:42:52.0] EYE CONVENIENT EQUIPMENT

01:42:54.0] RENTALS. SECONDLY THERE IS A PAYMENT OF

01:42:59.0] $5,395 TO MAGNET THE MARKETING

01:43:03.0] SOLUTIONS LLC FOR PRINTING

01:43:05.0] SERVICES. AND FINALLY A PAYMENT OF $5,000

01:43:10.0] TO EASLEY BLESSED PHOTOGRAPHY

01:43:12.0] LLC FOR PHOTOGRAPHY SERVICES.

01:43:14.0] THERE ARE EXISTING FUNDS IN THE

01:43:17.0] SPECIAL EVENTS FUND FROM

01:43:20.0] DONATIONS TO MAKE THESE

01:43:23.0] PAYMENTS.

01:43:24.0] >> Councilmember Cramerding: FUTURE ITEM NUMBER 8 ON FOR

01:43:25.0] PASSAGE. >> Dr. Dudas: TO THE CHAIR, ITEM

01:43:28.0] NUMBER 9 IS AN ORDINANCE THAT

01:43:31.0] AUTHORIZES 2 PAYMENTS FOR THE

01:43:34.0] OFFICE OF INTERNAL AUDIT.

01:43:36.0] FIRST IS A MORAL OBLIGATION OF

01:43:39.0] 12.54 TO BUSINESS INFORMATION

01:43:42.0] SOLUTIONS INC. THE SECOND IS A

01:43:45.0] THEN AND NOW PAYMENT OF 4 .93

01:43:48.0] TO THE SAME VENDOR BUSINESS

01:43:50.0] INFORMATION SOLUTIONS.

01:43:51.0] THIS IS RELATED TO DOCUMENT

01:43:58.0] STORAGE SOLUTIONS FOR THE CITY.

01:44:01.0] >> Councilmember Cramerding: PUT

01:44:02.0] 09 FOR PASSAGE. >> Dr. Dudas: TO THE CHAIR, ITEM

01:44:04.0] NUMBER 10, THIS IS ALSO A MORAL

01:44:08.0] OBLIGATION PAYMENT ORDINANCE.

01:44:09.0] THERE ARE TWO PAYMENTS HERE FOR

01:44:12.0] THE CITY'S NON DEPARTMENTAL

01:44:14.0] ACCOUNTS. THE FIRST IS A PAYMENT OF

01:44:19.0] $12,725 TO ASSET WORKS INC.

01:44:23.0] THIS WILL BE PAID FROM THE

01:44:25.0] ENTERPRISE SOFTWARE AND LICENSES

01:44:27.0] NON DEPARTMENTAL ACCOUNT.

01:44:29.0] THIS IS FOR ASSET MANAGEMENT AND

01:44:35.0] MAINTENANCE SOFTWARE WORK

01:44:37.0] UTILIZED BY DOTE, PUBLIC

01:44:41.0] SERVICES, AND

01:45:17.0] THE LOCAL GOVERNMENT FOR

01:45:20.0] SUSTAINABLE USA PROJECT.

01:45:22.0] THIS IS -- THESE HOURS ARE

01:45:24.0] VALUED AT $15,000 AND ARE TO BE

01:45:28.0] UTILIZED TO SUPPORT WORK ON

01:45:30.0] CLEAN ENERGY AND ENERGY

01:45:33.0] EFFICIENCY PROJECTS.

01:45:35.0] >> Councilmember Cramerding: PUT

01:45:36.0] USE 1 ON FOR ROLL CALL PASSAGE.

01:45:38.0] >> Dr. Dudas: ITEM CITIES A

01:45:39.0] GRANT ORDINANCE FOR THE

01:45:40.0] DEPARTMENT OF TRANSPORTATION AND

01:45:41.0] ENGINEERING THIS IS TO ACCEPT

01:45:45.0] AND APPROPRIATE ADDITIONAL GRANT

01:45:48.0] AWARD OF $23,240 FROM HIGHWAY

01:45:53.0] SAFETY IMPROVEMENT PROGRAM.

01:45:55.0] ABBREVIATED SAFETY FUND GRANT

01:45:58.0] THAT'S RESOURCES ARE FOR THE UC

01:46:01.0] AREA PEDESTRIAN SAFETY PROJECT

01:46:04.0] TO ENHANCE PEDESTRIANS AT

01:46:06.0] VARIOUS LOBBYINGS AROUND THE

01:46:11.0] CAMPUS. DUE TO INCREASE COST OF THE

01:46:14.0] PROJECT THE ADDITIONAL GRANTS,

01:46:16.0] GRANT RESOURCES ARE BEING

01:46:19.0] PROVIDED COVER THAT OVERAGE.

01:46:25.0] >> Councilmember Cramerding:. >> Councilmember Albi: I WANT TO

01:46:26.0] MAKE A QUICK COMMENT AROUND THE

01:46:27.0] PEDESTRIANS PIECE.

01:46:28.0] COUNCILMEMBER JEFFREYS AND I

01:46:29.0] LATER THIS MONTH WILL BE HOSTING

01:46:30.0] A TOWN HALL AROUND SAFE ROUTES

01:46:32.0] TO SCHOOL FOR THE HEALTH

01:46:36.0] DEPARTMENT, WE ALSO HEARD A TON

01:46:38.0] FROM UC STUDENTS AROUND HOW

01:46:41.0] DANGEROUS IT IS AND STUDENTS

01:46:43.0] GETTING HIT. WHETHER IT IS KIND OF THROUGH

01:46:44.0] THE CAMPUS OR NEARBY.

01:46:45.0] SO I'M REALLY EXCITED TO

01:46:47.0] CONTINUE TO INVEST IN

01:46:50.0] PEDESTRIANS SO I WANT TO LIFT

01:46:51.0] THIS WORK UP BECAUSE I THINK WE

01:46:53.0] CONTINUE TO BEAT THIS, HAVE THE

01:46:54.0] STEADY DRUM BEAT OF MAKING IT

01:46:56.0] SAFER FOR PEOPLE GOAT AROUND

01:46:58.0] TOWN INCLUDING TO AND FROM THEIR

01:47:00.0] EDUCATION AND INSTITUTIONS.

01:47:04.0] >> Councilmember Cramerding: THANK YOU, WILL THERE BE, I THAT

01:47:07.0] A JOINT UC DOTE EFFORT AND IS

01:47:10.0] THERE TIME FOR -- I WORK AT AN

01:47:13.0] UC, IT IS -- THERE IS NOT AS

01:47:15.0] MUCH, THERE HAS BEEN LESS WORK

01:47:17.0] DONNA ROUND UPTOWN AND IN OTHER

01:47:19.0] PARTS SPARSE THE SLIP TURNS

01:47:21.0] STILL THERE?

01:47:30.0] >> Councilmember Jeffreys: THIS

01:47:31.0] FOR UC SPECIFICALLY FOR A GRANT

01:47:32.0] FOR UC.

01:47:33.0] WHAT COUNCILMEMBER ANNA ALBI WAS

01:47:34.0] TALKING ABOUT IS SAFE ROUTES TO

01:47:35.0] SCHOOL WHICH IS A HEALTH

01:47:37.0] DEPARTMENT LED INITIATIVE ACROSS

01:47:39.0] THE CITY.

01:47:40.0] THEY HAVE IDENTIFIED CERTAIN

01:47:42.0] ROUTES WHERE WE'RE GOING TO DO A

01:47:43.0] TOWN HALL RELATED TO THAT.

01:47:45.0] SO IT IS RELATED BUT IT IS

01:47:47.0] BIGGER THAN JUST UC.

01:47:48.0] SO THIS ONE HERE WHERE WE'RE

01:47:49.0] VOTING ON IS JUST UC AND A GRANT

01:47:51.0] FOR DOTE TO PARTNER WITH UC.

01:47:56.0] >> Councilmember Cramerding:

01:47:57.0] CONSIDERED, ITEM NUMBER 13.

01:47:58.0] >> Dr. Dudas: TO THE CHAIR, ITEM

01:48:00.0] NUMBER 13 IFS A DONATION

01:48:02.0] ORDINANCE FOR THE CINCINNATI

01:48:05.0] RECREATION COMMISSION, THIS

01:48:06.0] WOULD ACCEPT A A IN-KIND

01:48:08.0] DONATION OF THIRD PARTY

01:48:11.0] PROFESSION AL SERVICES FOR THE

01:48:13.0] HAUTZ GRANT.

01:48:16.0] $178,000 FROM FC CINCINNATI IT

01:48:19.0] IS DEDICATED TO REPRESENT

01:48:21.0] VATTING THE MINI PITCH SOCCER

01:48:24.0] FACILITY AT THE LINCOLN

01:48:26.0] RECREATION CENTER.

01:48:28.0] >> Councilmember Cramerding: THANK YOU TO FC NATURE

01:48:30.0] CINCINNATI, THOSE MINI PITCHES

01:48:31.0] ARE VERY POPULAR.

01:48:33.0] PUT ITEM 13 ON FOR PASSAGE.

01:48:35.0] >> WE DIDN'T PUT 12 ON FOR

01:48:37.0] PASSAGE BEFORE THAT.

01:48:38.0] >> Councilmember Cramerding: SO

01:48:39.0] PUT 12 ON FOR PASSAGE, 12 AND 13

01:48:41.0] ON FOR PASSAGE.

01:48:42.0] WE FILED ITEM 14 THE REPORT.

01:48:44.0] I WILL NOW MOVE THE COMMITTEE

01:48:46.0] ADJOURN INTO SKIVINGS PURSUANT

01:48:51.0] TO OHIO REVISED CODE ORC TO

01:48:54.0] DISCUSS AND THIS WITH CITY

01:48:56.0] SOLICITOR OFFICE. IS THERE A SECOND?

01:49:01.0] >> ROLL CALL VOTE.

01:49:03.0] >> [ ALL RESPOND YES ]

01:49:16.0] >> COUNCIL WILL ADJOURN INTO

01:49:18.0] COMMITTEE ROOM B IN FIVE

01:49:20.0] MINUTES?

01:49:21.0] AND FOR THOSE WATCHING AT HOME I

01:49:22.0] DO NOT EXPECT ANY BUSINESS ONCE

01:49:25.0] COUNCIL IS FINISHED WITH

01:49:28.0] COMPREHENSIVE STRATEGY.

01:49:31.0] IMPERVIOUS SURFACE.

01:49:32.0] MY COLLEAGUES IT IS MIGHT I ROOM

01:49:34.0] A, NOT COMMITTEE ROOM B.

01:49:38.0] (COUNCIL IN IMPERVIOUS SURFACE

01:49:39.0] IMPERVIOUS SURFACE) COUNCIL IN

01:49:48.0] EXECUTIVE SESSION.

01:49:52.0] >> Councilmember Cramerding: AL

01:49:57.0] RIGHT, EXECUTIVE SESSION HAS

01:49:59.0] ENDED.

01:50:00.0] TO THE CLERK, DO WE HAVE

01:50:01.0] CITICABLE AND ARE WE IN A

01:50:03.0] POSITION TO ADJOURN?

01:50:04.0] >> I BELIEVE CITICABLE IS LIVE.

01:50:07.0] >> Councilmember Cramerding:

01:50:08.0] OKAY WE ARE LIVE, WE ARE DONE

01:50:09.0] WITH EXECUTIVE SESSION.

01:50:11.0] WE HAVE FIVE MEMBERS IN QUORUM.

01:50:14.0] THIS BUDGET AND FINANCE

01:50:15.0] COMMITTEE IS ADD INJURED OWE

01:50:19.0] ADJOURNED.

01:50:20.0] -CAPTIONING QUESTIONS CALL 305-3991.

01:50:21.0] -CAPTIONING QUESTIONS CALL 305-3991. IT R IT QUESTION

01:50:23.0] QUESTION 2 PROGRAM INFO VISIT

01:50:29.0] WWW.CINCINNATI-OH.GOV/CITICABLE.

01:50:30.0] PROGRAM INFO VISIT