[00:00:03]
[CALL TO ORDER]
EVERYONE.I'D LIKE TO CALL THIS MEETING TO ORDER.
I SHOULD SAY IT'S THE FIRST, UH, WOMAN BOARD MEETING EVER FOR UPPER PROVIDENCE.
SO, UM, LET'S, UH, RISE WITH PLEDGE OF ALLEGIANCE.
[MOTION TO APPROVE BOARD AGENDA ]
DO I HAVE A MOTION TO APPROVE THE AGENDA TONIGHT? I MOTION TO APPROVE THE AGENDA.[SPECIAL PRESENTATION ]
HAVE A SPECIAL PRESENTATION TONIGHT.UM, WE STAND UP HERE AND I TELL YOU I DON'T HAVE TO DO THIS VERY OFTEN 'CAUSE WE DON'T GET THE HONOR OF PRESENTING THIS.
AND HERE I AM WITHIN MONTHS DOING IT AGAIN.
WHICH IS, HELLO, REALLY SPECIAL FOR US.
WHAT'S A LITTLE DIFFERENT TODAY IS, HELLO.
THIS INVOLVES THE POLICE DEPARTMENT AND THE EMS SERVICE, FRIENDSHIP, AMBULANCE, UM, AND THE, THE DEPART COMPANY.
WELL, DISPATCH REALLY WASN'T THERE UNTIL MOST OF THE ACTION WAS DONE.
HELLO? JUST BASED ON HOW THE DISPATCHES CAME IN.
BUT IT'S STILL A, A MEDICAL, MORE OF A MEDICAL SIDE.
SO BETWEEN CHIEF FREEMAN AND I, WE KIND OF FIGURED OUT HOW WE WOULD SEPARATE, UH, WHO TAKES CARE OF WHAT'S, WHICH, WHY I'M SPEAKING, AND THEY'RE GOING TO PRESENT THE AWARD.
SO, ON MAY 14TH, 2025, CORPORAL JOHN AND OFFICER JOSEPH.
WERE DISPATCH TO A RESIDENCE NOT FOR PRIVATE TOWNSHIP.
FOLLOWING AN APPLE WATCH, AUTOMATIC FALL DETECTION ALERT, OFFICER MANANO ARRIVED FIRST LOCATED THE PATIENT, SEMI RESPONSIVE ON THE FLOOR INSIDE OF THE RESIDENCE AND REQUESTED E MS. SO THAT'S THE FIRST ACTION THAT HAPPENS IS THEY, THEY, THERE'S, THERE'S NO DELAY.
THEY GO, THEY GET THERE QUICKLY.
HE REALIZES THAT SOMETHING'S WRONG.
CALLS FOR AN AMBULANCE, GETS IN, STARTS TO ASSESS THE SITUATION, FIGURE OUTS WHAT'S GOING ON.
AS EMS WAS ARRIVING ALONG WITH, UM, CORPORAL VERI, THE PATIENT WENT INTO CARDIAC ARREST.
AND AGAIN, THAT MEANS YOU, YOU HEART STOPS BEATING CLINICALLY.
UM, YOU ARE FLAT LINE, YOU'RE, YOU'RE NOT GOING TO BE REVIVED IF SOMEONE'S NOT THERE GIVING YOU ADVANCED LIFE SUPPORT.
UH, PARAMEDIC BEN STOUT AND A EMT, PATRICK, UM, I'M SORRY, EVAN PATRICK FROM FRIENDSHIP EMS MEDIATED INITIATED.
CPR, CORPORAL OLIVE AND OFFICER MANANO ASSISTED THE EMS WITH ALL THE LIFESAVING ACTIONS THAT ARE NEEDED.
CONTINUING CPR, GETTING THE MEDICINE, GETTING THEM ALL THE LIFE SUPPORT THAT, THAT THE PATIENT NEEDED.
UM, THE RAPID RESPONSE COORDINATION AND PROFESSIONAL ACTION RESULTED IN THE SUCCESSFUL RES RESUSCITATION OF THE PATIENT.
SO TONIGHT, UM, CHIEF FREEMAN AND, UH, CHIEF ANA FROM FRIENDSHIP BMS WILL BE PRESENTING AWARDS TO CORPORAL JOHN VERI FOR A SECOND.
OFFICER JOSEPH ANO PARAMEDIC AND STOUT.
AND THEN, UH, EMMA AND PATRICK, UM, IS IN MEDICAL SCHOOL.
HE WANTS TO APPARENTLY BE MORE THAN AN EMT, SO HE WON'T BE HERE TONIGHT.
WE'RE GONNA GRAB A COUPLE PICTURES HERE AND THEN, UH, TOM, WHO'S THE PATIENT'S HERE TONIGHT, AND HE'D LIKE TO SAY A FEW WORDS.
SO IF YOU GUYS WOULD GO OVER IN FRONT OF THE PICTURE AND THEN TOM, GIVE US ONE MINUTE TO TAKE A PICTURE.
THANK I, THANK THE BOARD FOR HAVING ME HERE.
I ALSO, UH, APPRECIATE MIKE INVITING ME FOR THE OPPORTUNITY, UH, TO THANK THE MEMBERS OF THE POLICE DEPARTMENT AND THE EMERGENCY MAN OR EMERGENCY SERVICES.
I'M NOT SURE THE PRECISE TERM.
UM, THERE'S CERTAINLY A LONG LIST OF PEOPLE, UH, TO
[00:05:01]
THANK, UH, CERTAINLY THE DOCTORS AT PHOENIXVILLE.UH, THEY PUT THREE STENTS IN ME.
UH, THEY FLEW ME DOWN TO UNIVERSITY OF PENN.
UH, I HAVE ABSOLUTELY NO RECOLLECTION OF ANY OF THESE EVENTS UNTIL I WOKE UP IN THE ICU DOWN THERE, UH, UH, OFFICER MANANO MANANO.
AND, UH, UH, I THINK, UH, PROBABLY SAID I WAS SEMI RESPONSIVE.
TRUST ME, I WAS NOT RESPONSIVE AT ALL.
I HAD, UH, A VARIETY OF, UH, UH, HALLUCINATIONS.
WE'LL CALL THE DOCTOR AT PHOENIX 12, SAID, I DID THE SAME THING THERE, BUT DON'T, DON'T HOLD ME ACCOUNTABLE FOR ANY OF THAT.
SO, UM, THE FACT IS, THOUGH, DESPITE THE NURSES AND THE DOCTORS AT BOTH HOSPITALS, UH, TO GIVE THEM A CHANCE, THERE ARE FIVE PEOPLE THAT I HAVE TO MENTION.
FIRST IS MY IDENTICAL TWIN BROTHER, WHO FOR SOME UNKNOWN REASON, GAVE ME AN APPLE WATCH FOR CHRISTMAS.
WE USUALLY DO $50 GIFTS OR GAG GIFTS, OR WHATEVER YOU WANT TO CALL IT, BUT THERE MUST BE SOME, UH, TELEPATHIC ISSUES BETWEEN TWINS OR WHATEVER YOU WANT TO CALL IT.
UM, I ALSO NEED TO MENTION, OF COURSE, UH, OFFICER MANANO AND, UH, CORPORAL OLIVIERI.
I KNOW THAT, UH, BEN STOUT, UH, ALSO THEY SAVED MY LIFE, WHICH IS ABOUT ALL YOU CAN SAY, UH, THEIR FAST ACTION, THEIR EXPERTISE.
I DON'T WANT TO LEAVE, UH, EVAN OUT, UH, WHO I BELIEVE WE SAID THAT HE'S IN MEDICAL SCHOOL NOW, BUT, UH, UH, HE KNOWS AND BE PASSED ON THAT I DO THANK HIM.
[PUBLIC COMMENT]
TIME FOR PUBLIC COMMON.UM, WE, WHILE ANY TAX POINT RESIDENT, UM, WILLING CLAIM PUBLIC COMMON IS NOT REQUIRED TO PROVIDE THEIR C COUNTY ADDRESS, WE REQUEST THAT YOU SPELL YOUR FIRST AND LAST NAME FOR INCLUSION AND VOTE.
I'M SURE YOU'LL KNOW HOW TO SPELL IT.
MY ADDRESS IS 1 0 1 ACOMA LANE COLLEGEVILLE.
I'M HERE TO, UH, BE IN SUPPORT OF THE OPEN SPACE REFERENDUM THAT YOU'RE GOING TO BE VOTING ON TONIGHT.
I AM HEAD OF THE COMMITTEE FOR THAT.
I'M VERY MUCH IN FAVOR OF THIS REFERENDUM.
I WANTED TO DO THIS WHEN I WAS FIRST ELECTED TO THE BOARD BACK IN 2018.
AND I'M HAPPY TO SEE THAT IT'S FINALLY GETTING SOME TRACTION.
AND, UM, I WOULD ALSO LIKE TO ASK FOR VOLUNTEERS FOR PEOPLE TO HELP ME PUSH THIS FORWARD.
WE'RE GOING TO NEED TO TALK TO LOTS OF OTHER RESIDENTS TO ENCOURAGE THEM TO VOTE YES FOR THIS.
UH, RAISE FUNDS TO BUY SIGNS TO PUT THEM OUT, TO ENCOURAGE PEOPLE TO VOTE YES FOR THIS REFERENDUM.
SO PLEASE VOTE FOR THIS REFERENDUM.
PUT IT ON THE BALLOT, AND THEN EVERYBODY VOTE FOR IT TO PASS.
MARLENE LASKA, UH, 1142 EGYPT ROAD.
IF THE OPEN SPACE REFERENDUM GETS VOTED IN, PLEASE WORD THE REFERENDUM SUCH THAT THE VOTERS KNOW THAT THE REFERENDUM IN POLICY A TAX INCREASE.
MY FIRST REACTION WAS NO, BECAUSE IT EVOLVED THE TAX INCREASE.
I WANT OTHER VOTERS TO KNOW ALSO TO KNOW THAT THEIR TAXES WILL GO UP BECAUSE OF THE REFERENDUM.
I DON'T REMEMBER HOW MUCH THE RATE INCREASE WAS.
I BELIEVE IT WAS ON THE ORDER OF THREE TO 4%.
UH, HOWEVER OTHER CONVERTERS MIGHT BE LIKE ME AND
[00:10:01]
CONSIDERED THE INCREASE NOT WORTH THE COST.REALTORS KNOW THAT WHEN OPEN SPACE IS BEING MANAGED BY THE GOVERNMENT, THAT GOVERNMENT, THAT THE GOVERNMENT HAS DEEP POCKETS AND THAT THEY WILL INCREASE THE, THE PRICE FOR THE LAND.
AGAIN, WITH THE GOAL OF BEING OPEN AND TRANSPARENT, VOTERS NEED TO KNOW THEIR TAX TAXES WILL INCREASE.
UM, THERESA WESTWOOD, UM, 70 PLYMOUTH DRIVE ROYERSFORD.
UM, I URGE YOU TO, TO, UM, VOTE YES.
UM, ON THE BALLOT FOR THIS NOVEMBER.
AS A 13 YEAR RESIDENT OF UPPER PROVIDENCE TOWNSHIP, A PARENT AND A MEMBER OF OUR SPRINGPORT AREA SCHOOL BOARD, WE NEED TO PRESERVE OPEN SPACE AND TO PAUSE ON SO MUCH DEVELOPMENT.
UM, IT IS WONDERFUL THAT UPPER PROVIDENCE IS SUCH A DESIRABLE PLACE TO LIVE, WORK, AND RAISE A FAMILY.
BUT OVER DEVELOP OVERDEVELOPMENT PUTS MANY STRAINS ON OUR COMMUNITY, ON OUR ROADS, ON OUR SCHOOLS, AND ON OUR EMERGENCY SERVICES, AMONG OTHER THINGS.
OPEN SPACE ALSO HELPS TO PRESERVE SOME OF UPPER PROVIDENCE'S RICH 200 PLUS YEAR HISTORY.
I, FOR ONE, DON'T WANNA SEE ALL OF THAT WIPED OUT.
UM, SO PLEASE CONSIDER VOTING FOR, UH, VOTING YES TO ORDINANCE 6 1 3 FOR NOVEMBER.
SO, UPPER PROVIDENCE NCE RESIDENTS HAVE MORE OPEN SPACE IN OUR COMMUNITY.
AND PLEASE KEEP IN MIND BECAUSE I ACTUALLY HELP VOTE ON OUR, UH, TOWNSHIP TAXES, THAT WHEN WE HAVE MORE DEVELOPMENT, WE HAVE TO EDUCATE MORE OF OUR CHILDREN AND WE DON'T GET MORE MONEY FROM THE FEDERAL AND STATE GOVERNMENT.
SO IT COMES BACK TO PROPERTY TAX OWNERS LIKE OURSELVES TO PAY TO EDUCATE THOSE KIDS.
UM, I'M HERE TO SPEAK ON NOT SURE THE OPEN SPACE AT ALL.
THIS TOWNSHIP HAS ENOUGH OPEN SPACE, WHICH IS GOING TO COST ENOUGH MONEY IN THE FUTURE TO KEEP IT UP, UH, AS FAR AS THE TAXES GO.
I KNOW, UH, MS. CAI, YOU TALKED ABOUT WHEN WILL TAX COME OFF.
ONCE IT'S INITIATED, IT WILL NEVER COME OFF BECAUSE IT ALREADY HAS BEEN SPOKEN ABOUT BECAUSE I'VE BEEN AT THE MEETINGS THAT THERE'S OTHER PLACES THAT MONEY WILL, WILL GO, NOT JUST FOR OPEN SPACE.
SO I AM ABSOLUTELY AGAINST THIS REFERENDUM ON THE BALLOT.
THANKS, BILL FELTON, OLD STATE ROAD, RO FORD.
UM, I'D JUST LIKE TO ADVOCATE FOR THE OPEN SPACE REFERENDUM.
UM, YOU KNOW, THERE IS A LOT OF OPEN SPACE, BUT WE DON'T, WE, THE TOWNSHIP, THE MUNICIPALITY DOESN'T NECESSARILY CONTROL THAT OPEN SPACE.
THERE'S A BIG SWATH OF OPEN SPACE THAT'S OWNED BY THE STATE AND, YOU KNOW, THAT COULD BE SOLD OUT FROM
SO, YOU KNOW, I THINK IF WE HAVE A FUND THAT WHEN THESE OPPORTUNITIES COME UP, WE WILL BE PREPARED TO SAVE SOME OPEN SPACE.
ANYONE ELSE FOR PUBLIC COMMENT? OKAY.
[EXECUTIVE SESSION REPORT ]
WE HAVE ONE, UM, EXECUTIVE SESSION REPORT.WE HAD A PRE-MEETING TODAY AND A MEETING HELD LAST THURSDAY, JULY 17TH.
TOPICS DISCUSSED INVOLVED REAL ESTATE NEGOTIATIONS, PENDING LITIGATION AND LABOR NEGOTIATIONS, ATION UPDATES.
[APPROVAL OF BILL LIST ]
WE NEED APPROVAL.DO I HAVE A MOTION? I MAKE A MOTION TO APPROVE THE JUNE 1ST, THE JUNE 30TH, 2025 BILL LIST IN THE AMOUNT OF $1,479,305 AND 83 CENTS.
[APPROVAL OF MINUTES ]
OKAY.SO APPROVAL OF THE MINUTES FROM THE JUNE 16TH, 2025 FOR SUPERVISOR REGULAR MEETING MINUTES.
I HAVE A MOTION TO APPROVE THOSE.
I'LL MAKE A MOTION TO APPROVE THE JUNE 16TH, 2025 FOR SUPERVISOR'S.
NO PUBLIC HEARING, NO BUSINESS ONTO
[NEW BUSINESS (ACTION/DISCUSSION ITEMS) ]
NEW BUSINESS.SO THE PRESENTATION FROM RICH SCH, UM, FROM OUR INVESTMENT SERVICES FOR THE ON THE TOWNSHIP RETIREMENT.
[00:15:02]
GOOD EVENING EVERYBODY.CAN YOU HEAR ME OKAY? WE GOOD? ALRIGHT.
HOPE Y'ALL HAD A GOOD WEEKEND.
I'M ONE OF OUR ADVISORS WITH CBIS INVESTMENT ADVISORY SERVICES.
UH, WE'VE BEEN HAD, WE'VE HAD THE PRIVILEGE TO WORK WITH THE TOWNSHIP FOR, UH, GOING ON ALMOST A DECADE NOW, WHICH IS, WHICH IS PRETTY COOL.
UH, AND WHAT WE DO IS WE REALLY SPECIALIZE IN, IN HELPING WITH THE INVESTMENT ADVISORY SERVICES, THE FIDUCIARY ASPECT WITH, UH, YOUR DEFINED BENEFIT PENSION PLAN.
SO THE POLICE PENSION, THE NON-UNIFORM PENSION, THE FIRE PENSION.
AND WE ALSO PROVIDE SERVICES FOR THE NON-UNIFORM FOLKS WHO ARE IN THE 401K TYPE STYLE PLAN.
AND THERE'S ALSO A 4 57 PLAN WHERE FOLKS CAN CONTRIBUTE VOLUNTARILY, SIMILAR TO LIKE A 401K TYPE STYLE PLAN.
UM, AND THE BEAUTY OF THAT IS, IS THAT'S, WE'RE JUST AS PROUD ABOUT THAT BECAUSE EVERYBODY'S ON, THEY'RE PUTTING THEIR HARD WORKING MONEY INTO THAT.
AND AS A MATTER OF FACT, I'LL BE HERE ON WEDNESDAY MEETING WITH FOLKS ONE-ON-ONE.
SO THAT, THAT'S JUST AS IMPORTANT TO US.
BUT, UM, WHAT I'D LIKE TO DO TONIGHT IS JUST KIND OF, KIND OF TAKE A LITTLE BIT OF A DIVE INTO WHAT WE'VE SEEN SO FAR THROUGH 2025, THE FIRST HALF OF 2025, WITH RESPECT TO PERFORMANCE OF THE PENSION PLAN.
UH, SO IF WE CAN GO TO THE, THE NEXT SLIDE.
I, I JUST KIND OF WANT TO GIVE EVERYBODY A LITTLE BIT OF A PRIMER.
A REFRESHER ON WHAT IT IS WE DO AND HOW WE DO IT.
UM, AND, AND I'LL TELL YOU RIGHT NOW BEFORE I EVEN GET INTO IT, IT'S, IT'S ALL GOOD NEWS TONIGHT.
SO IF I WERE TELL IF WE WERE HAVING THIS CONVERSATION BACK IN THE BEGINNING OF APRIL, IT MIGHT BE A LITTLE BIT DIFFERENT.
UH, THE MARKET'S BEEN A LITTLE BIT OF A ROLLERCOASTER THIS YEAR.
I THINK EVERYBODY IN THIS ROOM KNOWS THAT, ESPECIALLY WITH ALL THE TARIFF UNCERTAINTY AND A LOT OF OTHER ASPECTS, A LOT OF WARS GOING ON, A LOT OF POLITICAL UNREST AROUND THE WORLD.
UM, BUT, YOU KNOW, THE STRATEGY WE EMPLOY WITH THESE PENSION PLANS IS OUR GOAL IS WE LOOK AT THIS AS, AS THE LONG TERM, RIGHT? THE POLICE PENSION PLAN THAT'S GONNA BE HERE LONGER THAN ALL OF US IN HERE AND THEN SO ON AND SO FORTH.
AND YOU JUST SAW WITH CORPORAL VERI, I'VE TALKED TO HIM, I'VE TALKED TO OFFICER MANANO, UM, YOU KNOW, THEY, THEY PUT THEIR, THEIR LIVES ON THE LINE EVERY DAY.
THEY DO STUFF LIKE THAT, YOU KNOW, SO, SO IT'S IMPORTANT TO ENSURE THAT THIS THING RUNS VERY SMOOTHLY.
AND THE APPROACH THAT WE TAKE IS, AS YOU CAN SEE, WE PRIMARILY USE, UH, WHAT'S CALLED A PASSIVE INVESTMENT APPROACH.
I THINK EVERYBODY IN HERE HAS PROBABLY AT LEAST HEARD OF VANGUARD BEFORE.
SO THAT'S THE APPROACH WE TAKE BECAUSE IT'S VERY EFFICIENT, IT'S VERY LOW COST, WHICH MAKES IT THAT MUCH EASIER TO ACHIEVE.
THE OBJECTIVES OF THE PENSION PLAN AND THE WAY YOUR PENSION PLAN FUNCTIONS.
EACH OF THESE PENSION PLANS, THERE IS A SNAPSHOT EVERY TWO YEARS THAT YOUR ACTUARY DOES.
SO I, WE ARE ALSO, WE WORK VERY CLOSELY WITH YOUR ACTUARIES, UH, JOE DODA ON THE POLICE PENSION PLAN, AND THEN MOCK AND HOP ON THE NON-UNIFORM AND FIRED.
UH, SO WE HAVE A PRETTY GOOD UNDERSTANDING OF THE FUNDING LEVELS.
SOMETHING CALLED THE ASSUMED INTEREST RATE, WHICH IS WHAT WE ARE TIED TO.
AND REALLY ALL THAT MEANS IS WHEN THEY TAKE A SNAPSHOT OF THE HEALTH OF THESE PENSION PLANS, NOT ONLY ARE THEY LOOKING AT THIS IN PERPETUITY, THEY'RE ALSO ASSUMING THAT THIS PENSION MONEY HAS TO GROW AT A CERTAIN RATE.
IT'S NOT JUST SITTING THERE STAGNANT.
AND THAT'S WHAT WE'RE CONCERNED WITH.
'CAUSE THAT'S HOW WE INVEST THE MONEY.
WE HAVE TO DETERMINE WHAT'S THE MOST APPROPRIATE RISK LEVEL IN THE PORTFOLIO TO HIT THAT LONG TERM INTEREST RATE THAT THE ACTUARY IS USING.
SO THAT'S WHY, IF YOU SEE ON THE LEFT SIDE HERE, UH, JUST THE POLICE PENSION PLAN AS OF JUNE 30TH, UH, THAT'S A LITTLE OVER 70% STOCK AND 30% BOND.
THE WAY WE LOOK AT THAT IS THE STOCK PORTION OF THE PORTFOLIO IS LIKE YOUR ENGINE.
THAT'S THE GROWTH PIECE THAT'S, THAT'S THERE FOR GROWTH OVER THE LONG RUN.
AND THEN THE BOND SIDE'S MORE LIKE YOUR SEATBELT, THAT'S KIND OF LIKE A CUSHION.
IT'S MEANT TO KIND OF REDUCE VOLATILITY WHEN IT COMES INTO PLAY LIKE WE SAW EARLIER THIS YEAR WITH ALL THAT TURBULENCE IN THE STOCK MARKET.
UM, AND THEN AS YOU SEE, AS OF JUNE 30TH, UH, THE POLICE PENSION PLAN WAS JUST A LITTLE OVER $21 MILLION IN ASSETS.
AND IF YOU, UM, GO TO THE NEXT SLIDE PLEASE.
AND WITH THOSE VANGUARD FUNDS THAT WE JUST LEFT, REALLY OUR APPROACH IS WE WANT TO OWN EVERYTHING.
BUT WE DON'T COME IN HERE AND AND TELL YOU WE HAVE A PRETTY COOL HOT STOCK PICK.
WE DON'T HAVE TO WORRY ABOUT A DOOR BLOWING OFF A BOEING AIRPLANE, RIGHT? BECAUSE WE OWN 5,000 STOCKS.
SO WE HAVE THE ABILITY TO BE NIMBLE.
AND AS YOU CAN SEE FOR THE FIRST HALF OF THE YEAR WHERE IT SAYS SELECTED PERIOD, THAT THAT THICK GREEN BOX OUTLINES THE NET RETURNS OF THE POLICE PENSION PLAN, A SELECTED PERIOD IS ONE ONE THROUGH SIX 30.
SO ESSENTIALLY THE FIRST HALF OF 2025, UH, THE PLAN'S UP 8.16% NET, WHICH IS WELL ABOVE WHAT THE ASSUMED INTEREST RATE IS IN YOUR PENSION PLAN.
WHAT'S WHAT'S ALSO VERY IMPORTANT IS IF YOU LOOK AT SINCE INCEPTION, WHICH IS ON THE RIGHT HAND COLUMN WHERE IT SAYS SINCE START DATE, WE TOOK OVER THE PLAN BACK IN SEPTEMBER IN 2016 AND WE HAD TO ACHIEVE A RATE OF A LITTLE OVER 7% WAS OUR TARGET.
AND SINCE THEN WE'RE ALMOST EIGHT AND A HALF PERCENT, WHICH HAS LED TO THE PLAN CONTINUING TO BE WELL FUNDED.
AND WHAT'S REALLY, REALLY COOL IS OVER THE NEXT COUPLE OF WEEKS, I JUST TALKED TO JOE
AND WE'RE GONNA HAVE A MEETING, WE'LL PROBABLY SET SOMETHING UP WITH TIM, TIM AND BRIAN.
UM, AND WHAT'S REALLY NEAT ABOUT THIS IS WE HAD SUCH GOOD MARKET YEARS.
[00:20:01]
WE'RE GONNA HAVE A CONVERSATION ABOUT PROBABLY REDUCING THE RISK IN THE PORTFOLIO, WHICH IS, WHICH IS HUGE.IT TOOK A LOT TO GET WHERE WE ARE.
AND IF YOU TAKE A LOOK, YOU SEE THAT 11.31% IN THAT COLUMN ALL THE WAY TO THE RIGHT HAND SIDE.
THAT BASICALLY IS WHAT THE TOTAL WORLD STOCK MARKET HAS DONE SINCE WE TOOK OVER IN SEPTEMBER OF 2016, WHERE THAT 1.22% REPRESENTS WHAT THE BOND MARKET HAS DONE SINCE WE TOOK OVER.
AS YOU CAN SEE, BY LEANING MORE TOWARDS STOCK, BY BEING MORE AGGRESSIVE, BECAUSE THAT WAS THE OBJECTIVE WHEN WE FIRST STARTED.
WE'VE BEEN HEAVILY REWARDED BECAUSE THE STOCK MARKET'S DONE 10 TIMES BETTER THAN THE BOND MARKET.
UM, SO NOW WE'RE AT AN INFLECTION POINT TO WHERE WE'VE, WE'VE HAD SUCH GOOD RETURNS, THE FUNDING RATIO LOOKS GONNA LOOK REALLY GOOD THIS COMING VALUATION, WE'RE GONNA BE ABLE TO START REDUCING THAT RISK.
AND I THINK EVERYBODY IN IN THIS ROOM WOULD LOVE TO HEAR THAT YOU CAN REDUCE RISK IN AN INVESTMENT, RIGHT? THAT'S VERY IMPORTANT.
UH, SO THAT'S GONNA CONTINUE TO, TO ENSURE THAT THIS THING REMAINS SOLVENT, WHICH OBVIOUSLY IS VERY, VERY SOLVENT.
WE DO ABOUT 150 PENSIONS ACROSS THE STATE AND I'D SAY A REALLY GOOD PORTION OF THEM WOULD LOVE TO BE IN YOUR GUYS' SHOES.
SO IN TERMS OF HOW THE HEALTH IS WITH THIS, WITH THESE PENSION PLANS.
SO, UM, IF YOU CAN GO TO THE, THE NEXT SLIDE.
THIS IS JUST A NON-UNIFORM PLAN.
AGAIN, THIS WAS, UM, FROZEN AT ONE POINT BACK IN TIME WHERE NEW HIRES ARE PUT INTO A MORE OF A 401K TYPE STYLE PLAN, WHICH WE ALSO MANAGE USING THE SAME PROCESS USING THOSE VANGUARD FUNDS.
AND THEN WE COME IN AND WE TEACH THEM ABOUT RISK AND SAVINGS AND RETIREMENT INCOME AND ET CETERA, AND SOCIAL SECURITY.
UH, YOU'LL SEE THE NON-UNIFORM PLANS INVESTED THE SAME WAY AS THE POLICE.
'CAUSE IT WAS THE SAME OBJECTIVES WITHIN THE VALUATION REPORTS.
UH, YOU'LL SEE IT'S JUST SHY OF 12.5 MILLION, I THINK.
I THINK I NEED GLASSES, BUT YEAH, JUST SHY OF 12.5 MILLION AS OF, UM, JUNE 30TH.
UM, AND THEN IF YOU GO TO THE NEXT SLIDE, THE RETURNS ARE GONNA BE VERY SIMILAR BECAUSE IT'S A VERY, VERY SIMILAR INVESTMENT STRATEGY.
THE ONLY REASON WHY THE RETURNS ARE SLIGHTLY DIFFERENT IS JUST CASH FLOWS.
SO WE ALSO, WHAT WE DO WITH OUR, WITHIN OUR FIRM IS WE ALSO PAY YOUR RETIREES.
WHY THAT'S IMPORTANT TO US IS WE HAVE A SIX ONE OH NUMBER THAT YOUR RETIREES WHO WORKED HARD TO EARN THAT BENEFIT, THEY CAN ACTUALLY CALL A SIX ONE OH NUMBER AND SOMEBODY PICKS UP THE PHONE, WHICH IS KIND OF HARD TO GET THESE DAYS.
UH, AND OUR OFFICE IS OVER IN MEDIA IN DELAWARE COUNTY AND, UH, I LIVE FIVE MINUTES DOWN THE ROAD, SO IT'S EASY FOR ME TO POP IN AND MEET WITH FOLKS.
SO, UM, YOU KNOW, THAT'S VERY IMPORTANT TO US.
SO, UH, WE, UH, WE, WE PAY THE PENSIONERS SO CASH FLOWS AS MONEY COMES IN OR GOES OUT, UH, THAT MIGHT IMPACT THE RETURNS VERY, VERY SLIGHTLY, BUT NOTHING TO WHERE IT, IT WILL REALLY MOVE THE NEEDLE.
UM, BUT THAT'S REALLY IMPORTANT TO US IS, IS WHAT'S CALLED A REBALANCING APPROACH.
SO IF YOU GO TO THE NEXT SLIDE, I'M GONNA TALK ABOUT THAT IN A SECOND FIREFIGHTER PLAN.
THIS IS A LITTLE BIT OF A NEWER PLAN THAT WAS FUNDED, I BELIEVE BACK IN 2017.
SO THE ASSETS ARE JUST SHY OF A MILLION.
SO IF YOU GO TO THE NEXT SLIDE, THE RETURNS ARE GONNA VARY BECAUSE THIS PLAN WAS STARTED BACK IN JUNE OF 2017.
SO IT'S, IT'S, IT'S NOT AS MATURE AS THESE OTHER PLANS, BUT THAT'S A GOOD THING BECAUSE IT, IT GIVES US TIME TO LET IT GROW UNTIL ALL THESE BENEFITS START TO GET PAID OUT.
UH, AND THE RETURNS ARE VERY SIMILAR OVER THE LAST COUPLE OF YEARS.
BUT I THINK BEFORE I GO, I WANT TO JUST SHOW YOU KIND OF A LITTLE BIT OF A MICROCOSM.
I TOLD YOU GUYS EARLIER, WE DON'T COME IN HERE AND GIVE YOU A HOT STOCK BIT.
I'M NOT GONNA COME IN HERE AND TALK TO YOU ABOUT CRYPTO OR BITCOIN.
IF YOU GO TO THE NEXT SLIDE, WHAT OUR BREAD AND BUTTER IS, IS WE MANAGE OVER $2 BILLION.
AND A LOT OF THAT MONEY ARE PENSION PLANS IN PENNSYLVANIA.
AND WE HAVE A FULL-TIME TRADER TO WHERE WE COULD TAKE ADVANTAGE OF STOCK MARKET VOLATILITY OR TURBULENCE.
WHEN THE MARKET'S GOING CRAZY, THAT'S WHEN OUR CLIENTS MAKE OUT THE BEST BECAUSE WE TAKE HUMAN EMOTION OUT OF IT.
WHEN THE STOCK MARKET'S DOWN, WHAT DO YOU THINK MOST PEOPLE WANNA DO? THEY WANT TO GET OUT OF IT, RIGHT? YOU SHOULD BE PUTTING MORE MONEY IN.
IT'S ON SALE, RIGHT? AND THAT'S IN A MICROCOSM.
THOSE ARE SOME OF THE STRATEGIES THAT WE EMPLOY.
SO I WANTED TO SHOW YOU REALLY ONE OF THE THINGS THAT WE DID THIS YEAR THAT HELPED PERFORMANCE ACTUALLY VERY QUICKLY.
UM, SO WHEN THE TARIFFS CAME OUT THAT LIBERATION DAY, REMEMBER WHAT HAPPENED TO THE STOCK MARKET.
IT WAS THE WORST VOLATILITY WE'VE SEEN SINCE THE OH EIGHT CRISIS.
I TOOK A SNAPSHOT OF SOME OF THE FUNDS WITHIN THE PENSION PLAN AS OF APRIL 8TH.
THAT'S WHEN THE MARKET REALLY, REALLY GOT HIT HARD.
AS YOU COULD SEE, THAT GROWTH FUND AT THE TOP WAS DOWN ALMOST 20%.
SO WHAT THAT REPRESENTS BIG TECH COMPANIES.
UM, THEN YOU'LL SEE VANGUARD SMALL CAP, ETF, THAT WAS DOWN ABOUT 19%.
THOSE ARE SMALL COMPANIES IN THE US.
THEY GOT HIT SO HARD BECAUSE OF THIS TARIFF UNCERTAINTY.
BUT I ALSO SHOWED YOU THE TOTAL BOND MARKET WAS ACTUALLY UP.
I TOLD YOU EARLIER, BONDS ARE LIKE YOUR CUSHION.
AND WHAT WE WERE ABLE TO DO ON THAT DAY, ACTUALLY THE NEXT DAY, WE WERE ABLE TO TAKE THOSE BONDS THAT WERE ACTUALLY UP AND WE WERE ABLE TO BUY GROWTH STOCKS AT A 20% DISCOUNT IN SMALL COMPANIES AT A 20% DISCOUNT.
IF YOU GO TO THE NEXT SLIDE, GUESS WHAT HAPPENS SINCE THEN? THOSE GROWTH COMPANIES ARE UP 32%.
WE BOUGHT THEM ON SALE AND YOUR SMALL COMPANIES ARE UP OVER 21%.
WE BOUGHT THEM AT A 19% DISCOUNT.
THAT'S REALLY, I WOULDN'T EVEN SAY IT'S THE SECRET SAUCE 'CAUSE THERE'S NO SUCH THING AS THE SECRET SAUCE.
IT'S SIMPLY BUYING LOW, SELLING HIGH, TAKING THAT HUMAN EMOTION OUT OF IT, LOOKING AT THE FACTS AND CIRCUMSTANCES.
AND EVEN BONDS CONTINUE TO GIVE US A RETURN.
[00:25:01]
WE HAVE A SAYING THAT, UM, WE'RE GONNA LOOK SMART AT SOME POINT.AND IN THIS CASE IT HAPPENED REALLY QUICK.
SO IT'S THESE SMALL STRATEGIES THAT HAVE HELPED THAT PERFORMANCE SINCE, UM, UH, 2000 AND AND 16.
AND THOSE ARE THE SAME STRATEGIES.
WE HAVE SOME PLANS THAT HAVE BEEN CLIENTS SINCE THE NINETIES.
WE'VE BEEN EMPLOYING THAT STRATEGY AND, AND THEY'VE BEEN ABLE TO BRING THEIR ASSUMED INTEREST RATE DOWN DRAMATICALLY.
SOME OF THEM HAVE GOTTEN TO A HUNDRED PERCENT FUNDED STATUS, UM, AND SO ON AND SO FORTH.
SO, YOU KNOW, REALLY TODAY IS REALLY JUST GOOD NEWS.
THE PLAN IS UP, IT'S WELL ABOVE THE TARGETS THAT YOUR ACTUARIES ARE USING.
WE'RE GONNA HAVE CONVERSATIONS WITH THE ACTUARIES OVER THE NEXT COUPLE OF MONTHS HERE AS WE GET INTO BUDGET SEASON FOR THE MMOS.
UM, AND THEN WE'LL TALK ABOUT REDUCING THE RISK ON THE PORTFOLIOS, WHICH I THINK IS A, A VERY, VERY BIG INFLECTION POINT.
SO, UM, WITH THAT I GREATLY, GREATLY APPRECIATE THE OPPORTUNITY.
I WANTED TO GIVE Y'ALL GOOD NEWS ON A MONDAY NIGHT.
SO, UM, DOES ANYBODY HAVE ANY QUESTIONS OR IS THERE ANYTHING THAT YOU'D LIKE ME TO, TO CLARIFY ONE QUESTION, WHEN YOU SAY REDUCE RISK IN THE PORTFOLIO MM-HMM
HOW, HOW WOULD YOU DO THAT? YEAH, THAT'S A, THAT'S A GREAT QUESTION LEAD.
SO, UH, RIGHT NOW WE'RE INVESTED 70% IN STOCK AND 30% IN BONDS.
WHAT I MEAN BY REDUCING RISK IS REDUCING THE AMOUNT OF MONEY WE HAVE IN STOCKS BECAUSE STOCKS ARE MUCH MORE VOLATILE IN THE SHORT TERM.
SO BY HAVING LESS MONEY IN STOCKS, WE DON'T NEED TO HIT AS HIGH OF A RETURN ANYMORE BECAUSE IT'S DONE SO WELL.
WE CAN REDUCE HOW MUCH MONEY WE HAVE IN STOCKS, MEANING WE CAN LIMIT HOW MUCH IT'S GONNA FLUCTUATE IN THE SHORT TERM.
SO YOU PUT IT IN BONDS, YOU SAID? YEAH.
OKAY, SO YOU REBOUND YOUR PORTFOLIO.
AND THE BEAUTY OF IT IS INTEREST RATES ARE STILL HIGH, SO BONDS ARE ACTUALLY GIVING US SOMETHING FOR THE FIRST TIME IN A LONG TIME.
UM, THIS IS REGARDING THE ORDINANCE 6 1 3, UM, TO AUTHORIZE A, UM, OPEN SPACE BALLOT ON THE NOVEMBER 25 BALLOT.
UM, ZACH, ARE YOU PLEASE? THANK YOU MADAM VICE CHAIR.
UM, SO THIS IS PROPOSED ORDINANCE, UH, 6 1 3, WHICH AUTHORIZES A REFERENDUM TO BE PLACED ON, UH, TO PLACE A QUESTION ON THE NOVEMBER BALLOT, ASKING VOTERS TO ALLOW THE TOWNSHIP TO INCREASE THE EARNED INCOME TAX BY SIX ONE HUNDREDS OF 1% AND INCREASE THE REAL PROPERTY TAX BY 0.50 MILLS, WHICH EQUATES TO, UH, APPROXIMATELY 50 CENTS PER $1,000 OF ASSESSED VALUATION.
UH, IF APPROVED, THE FUNDS RECEIVED COULD BE EXCLUSIVELY USED BY THE TOWNSHIP FOR THE ACQUISITION AND PRESERVATION IMPROVEMENT IN MAINTENANCE OF OPEN SPACE LAND, AND FACILITIES THAT OFFER AN OPEN SPACE BENEFIT TO THE COMMUNITY.
AND WITH THE STATED GOAL OF PROTECTING ENVIRONMENTALLY SENSITIVE, UH, AREAS, MITIGATING FLOOD DAMAGE, EXPANDING THE TOWNSHIP'S TRAIL SYSTEM AND PRESERVING CLEAN WATER AND WILDLIFE HABITATS, UH, IF ADOPTED, THE ORDINANCE WILL BE SUBMITTED TO THE AFFORDABLE ELECTIONS TO BE PLACED ON THE NOVEMBER BALLOT.
UH, THE ORDINANCE FURTHER STATES THAT IF APPROVED BY THE VOTERS, THE TOWNSHIP WILL HAVE 60 DAYS TO ESTABLISH AN OPEN SPACE REVIEW BOARD THAT WILL BE TASKED WITH ESTABLISHING PROCEDURES FOR REVIEWING OPEN SPACE PROPERTY, BEING CONSIDERED FOR ACQUISITION RATING, THE RELATIVE DESIRABILITY OF VARIOUS PARCELS OF LAND, AND ESTABLISHING THE PRICE THE TOWNSHIP IS GOING TO PAY FOR SUCH PROPERTY.
SO WITH THAT, I'LL UH, OPEN IT UP FOR ANY QUESTIONS FROM THE BOARD.
UH, IF YOU HAVE ANYTHING FURTHER BEFORE YOU'RE READY TO VOTE ON IT.
KNOW THERE WAS A COMMENT ON HOW MUCH THE TAX IS INCREASING.
DO WE HAVE A SLIDE SHOWING THAT COMPARISON OR, UM, I DO NOT, WE DON'T HAVE THAT.
SO IT WOULD BE, CAN YOU INTRODUCE YOURSELF FOR THE, FOR THE RECORD? OH, SORRY.
KATE RAMAN NATURAL LANDS, WE'VE BEEN WORKING WITH THE TOWNSHIP TO ESTIMATE THE TAX INCREASE IN REVENUE, UH, FOR THE SPACE, UH, REFERENDUM.
UM, SO THE, THE EARNED INCOME TAX APPLIES TO EARNED INCOME ONLY, SO IT DOESN'T APPLY TO RETIREES.
IT WOULD BE ABOUT 60, UH, DOLLARS PER WORKER ON A HUNDRED THOUSAND DOLLARS SALARY.
SO IF YOU EARN LESS THAN THAT, IT WOULD BE LESS THAN $60.
IF YOU EARN MORE THAN THAT, IT WOULD BE MORE THAN $60 ANNUALLY.
UM, AND THEN THE MILL INCREASE, UH, IT IS AN ADDITIONAL A HUNDRED DOLLARS PER HOUSEHOLD ANNUALLY, THAT'S BASED ON THE AVERAGE ASSESSED VALUE OF HOMES IN THE TOWNSHIP.
SO IT'S ONLY PEOPLE WHO WORK IN THE TOWNSHIP.
IF YOU WORK IN A TOWNSHIP, THAT'S YOUR EI INCREASE.
SO IF YOU WORK IN THE TOWNSHIP, THE TAX DOES NOT APPLY TO COMMUTERS WHO MIGHT BE PAYING YOUR EARNED INCOME TAX BECAUSE THEY'RE EMPLOYED HERE.
AND THEN JUST FOR CLARIFICATION, THE MONEY CAN ONLY BE USED TO PURCHASE OPEN SPACE AND NOT FOR ANY OTHER PURPOSES, RIGHT?
[00:30:01]
THAT IS CORRECT.THERE WAS VERY SPECIFIC LANGUAGE IN THE ENABLING LEGISLATION ABOUT THAT.
UM, I FEEL LIKE IT'S A GOOD WAY TO CONTROL THE LAND DEVELOPMENT IN OUR COMMUNITY.
UM, YOU'VE HAD GOOD EXPERIENCE, RIGHT? AS BUILDING TRUST WITH OTHER COMMUNITIES IN THE AREA.
I DO WANT TO SAY, I MEAN, I, WHAT IN MY, MY SIXTH YEARS A SUPERVISOR AND I'VE BEEN THROUGH ENOUGH DEVELOPMENT WITH PEOPLE COME FORWARD, THEY DON'T LIKE TO SEE DEVELOPMENT AND ALL THEY EVER SAY IS KEEP AN OPEN SPACE.
AND I THINK WE'RE NEVER GONNA BE ABLE TO TACKLE THE PROBLEM IF WE DON'T HAVE SOME SKIN IN THE GAME, RIGHT? LIKE, YOU CAN'T GET GRANTS UNLESS YOU PUT SOMETHING ON THE TABLE ALONG WITH IT.
SO I FEEL LIKE, AND I WANT TO ASK THE RESIDENTS WHAT THEY THINK.
I'M, I FEEL LIKE I'M ASKING THEM QUESTION.
THERE'S BEEN A SPLIT WITH PEOPLE COMING FORWARD.
SOME SAY NO, SOME SAY YES, WELL THEN VOTE THAT WAY.
I JUST WANNA PUT THE QUESTION FORWARD.
THAT'S WHAT I FEEL LIKE THIS, THIS, YEAH, WE'RE GIVING THE COMMUNITY THE OPTION TO DECIDE THE RESIDENTS TO SAY WHAT THEY WANT AND THEN IF THEY SAY NO, THEN WE DON'T DO IT.
IF THEY SAY YES, THEN WE DO DO IT.
IF YOU GET TO A POINT WHERE YOU WANT TO TAKE THE TAX INCREASE OFF, YOU COULD HAVE ANOTHER REFERENDA AND THE PEOPLE, THE RESIDENTS CAN VOTE TO REMOVE THE TAX AS WELL.
AND JUST TO CLARIFY THOUGH, THERE IS A MINIMUM OF FIVE YEARS THAT, THAT WOULD HAVE TO BE ON THE BOOKS BEFORE THE, THE REFERENDUM TO REMOVE THE TAX COULD OCCUR.
UH, AND OR ALL AND ALL OF THE, ANY, ANY UM, I GUESS INDEBTEDNESS THAT HAVE BEEN INCURRED THAT IT WAS PAYING DOWN HAD WOULD'VE TO BE PAID OFF.
DO YOU HAVE ANY QUESTIONS? UM, IS THERE A MOTION TO, FOR THIS ORDINANCE, I'LL MAKE A MOTION TO ADOPT ORDINANCE SIX 13 AUTHORIZING A NOVEMBER, 2025 OPEN SPACE BALLOT REFERENDUM.
I'LL, UH, SET WORKING FOR THE COUNTY COURT OF QUESTIONS AND THEN THE OTHER THING I DID WANT TO MAKE A POINT OF, AND I THINK I MENTIONED THIS LAST TIME, IS I'D LIKE TO EDUCATE RESIDENTS.
MAYBE WE CAN DO, UM, AND LAURA, I TALKED TO LAURA ABOUT THIS, WE CAN HAVE MAYBE A MEETING AND BE OPEN AND HAVE PEOPLE COME FORWARD AND ASK QUESTIONS.
WE DO HAVE SOME INFORMATION ON THE TOWNSHIP WEBSITE NOW, CORRECT? YEAH, WE CAN ADD MORE AS WELL.
WE CAN ONLY DO INFORMATION ON YEAH, JUST YEAH, JUST LIKE, JUST GENERAL INFORMATION.
OKAY, SO NEXT UP NUMBER SIX, UM, CONSIDER INCLUDING A SANITARY SEWER PUMP AND HAUL LOCATION FOR CANTERBURY MEADOWS.
UM, CHEF CAN YOU EXPLAIN THIS? ACTUALLY, I'M GONNA DEFER TO JEN.
AS PART OF THE CANTERBURY MEADOWS PROJECT, UM, OF SANITARY SEWER PUMP STATIONS BEING BUILT ON THE TAYLOR PARK PROPERTY ACROSS THE STREET, AND THIS IS TO ALLOW THE DEVELOPER TO BEGIN CONSTRUCTION OF THE HOUSES, SEVEN OF THEM WOULD BE LIMITED TO PRIOR TO THAT PUMP STATION BEING BROUGHT ONLINE.
AND ARE THEY, IS THERE THEY PAYING THROUGH LIKE HOW IS THAT? WE'RE NOT PAYING FOR IT, RIGHT? NO, YOU'RE NOT.
AND THEN IS THERE A TIME LIMIT? LIKE IT'S NOT INDEFINITELY, LIKE THEY HAVE A LIMIT TO HOW LONG THIS IS GONNA BE USED FOR.
THE PUMP STATION, UM, IN OUR REVIEW LETTER IS ANTICIPATED TO COME ONLINE IN APRIL OF 2026.
WE DON'T MAKE A MOTION TO APPROVE THE SANITARY SEWER PUMP AND HAUL APPLICATION FOR CANTERBURY MEMBERS.
UM, AND THEN ONTO THE NUMBER SEVEN QUEST PROPERTY.
SO, UM, CONSIDER ADOPTING RESOLUTION 20 25 28 GRANTING, UM, FROM THEIR LAND DEVELOPMENT APPROVAL.
UM, 40 12 0 1 SOUTH COLLEGEVILLE ROAD PROPERTY.
ALLISON ZARO ON BEHALF OF HT 1201 COLLEGEVILLE LLC THIS EVENING.
I'M HERE, UM, SEEKING PRELIMINARY PLAN APPROVAL FOR, UM, A PROJECT THAT'S LOCATED RIGHT NEXT DOOR TO THE TOWNSHIP BUILDING ON THE SITE THAT WAS FORMERLY USED AS THE QUEST UM, HEADQUARTERS.
UM, THE BOARD HAS SEEN THIS APPLICATION OTHER CONTEXTS BEFORE.
UM, IT PREVIOUSLY WENT THROUGH A REZONING, UM, AND THE BOARD APPROVED A TENTATIVE SKETCH PLAN IN OCTOBER OF 2024.
WE FILED OUR PRELIMINARY LAND DEVELOPMENT PLAN IN DECEMBER OF 2024, WHICH IS ON THE SCREEN IN FRONT OF YOU.
UM, TO REFRESH EVERYONE'S MEMORY AND JUST TO ORIENT YOU TO THE SITE, UM, SOUTH COLLEGEVILLE ROAD 29 IS ON THE BOTTOM PART OF THE PLAN.
AND UM, ON THE LEFT SIDE OF THE PLAN IS BLACKROCK ROAD.
[00:35:01]
AND THEN EXTENDING BACK INTO THE SITE IS THE PROPOSED SHOPPING CENTER.CURRENTLY THERE ARE AN ASSEMBLAGE OF, UM, SEVERAL DIFFERENT PAD SITES AS WELL AS AN ANCHOR TENANT THAT IS ANTICIPATED TO BE A GROCER.
UM, AND THEN MOVING UP ON THE PLAN, THERE ARE 122 STACKED TOWN HOMES PROPOSED, UM, AS WELL AS THE RETENTION OF AN EXISTING STONE HOUSE THAT IS ON THE FRONTAGE OF BLACKROCK ROAD.
UM, THAT COULD BE USED FOR A VARIETY OF DIFFERENT PURPOSES AS PERMITTED BY THE ORDINANCE.
UM, BUT IT WILL BE RETAINED AND RESTORED.
UM, I WOULD SAY THE SIGNIFICANT DIFFERENCES ON THIS PLAN FROM WHAT YOU SAW PREVIOUSLY ARE THE CIRCULATION AND RECONFIGURATION OF THE RESIDENTIAL BASED ON, UM, CONSULTATION WITH THE, UH, FIRE MARSHAL AND ALSO YOUR TOWNSHIP CONSULTANTS.
AND THEN ON THE COMMERCIAL SIDE, UH, THERE WAS A RECONFIGURATION AT THE CORNER OF BLACKROCK AND 29.
UM, UNDER YOUR REQUIREMENTS FOR ULTIMATE RIGHT OF WAY, THERE IS GREATER ULTIMATE RIGHT OF WAY REQUIRED AT THAT CORNER THAN WOULD OTHERWISE BE REQUIRED ON THE REMAINDER OF 29 AND BLACKROCK ROAD.
ACCORDINGLY, THAT PUSHED EVERYTHING A LITTLE BIT INTO THE SITE, UM, WHICH REQUIRED A SLIGHT RECONFIGURATION TO THE COMMERCIAL.
UM, BUILDING CLOSEST TO THAT CORNER, THERE ARE THREE ACCESS POINTS PROPOSED TO THE SITE.
THERE IS A MAIN SIGNALIZE ACCESS AT ROUTE 29 AND DORON ROAD THAT'S ACROSS FROM THE GLAXOSMITHKLINE, UM, ENTRANCE.
AND I DO HAVE THE TRAFFIC ENGINEER TONIGHT IF YOU WANT TO HEAR ABOUT TRAFFIC IMPROVEMENTS IN GENERAL LETTER PROPOSED WITH THE PROJECT.
UM, AND THEN THERE ARE TWO ACCESS POINTS, UH, PROPOSED ON BLACKROCK ROAD.
ONE OF THEM WOULD PRIMARILY SERVE THE, UH, RESIDENTIAL, WHICH IS CLOSEST TO THE TOWNSHIP'S PROPERTY, AND THEN A SECONDARY ACCESS THAT WOULD SERVE AS ACCESS TO THE COMMERCIAL, UH, ASPECT OF THE PROPERTY PRIMARILY.
WE DID APPEAR BEFORE THE PLANNING COMMISSION AT THEIR MEETING ON WEDNESDAY NIGHT, UM, AND THEY DID RECOMMEND APPROVAL OF THE PROJECT.
UH, WE ARE PROPO REQUESTING FOUR WAIVERS IN CONNECTION WITH THE PROJECT.
I'M HAPPY TO RUN THROUGH THOSE IF YOU ARE INTERESTED.
AND I'M ALSO HAPPY TO PAUSE AND ANSWER QUESTIONS.
COULD YOU GO THROUGH THE WAIVERS FOR THE QUESTIONS? SURE, ABSOLUTELY.
UM, SO IN TERMS OF THE WAIVERS WE'RE REQUESTING, UM, THE FIRST ONE IS A WAIVER PERTAINING TO INTERSECTIONS, WHICH PROVIDES THAT DRIVEWAYS ARE TO BE LOCATED NOT LESS THAN 40 FEET FROM THE STREET INTERSECTION IS MEASURED FROM THE CURB LINE.
UM, AND THAT DRIVEWAY SHOULD PROVIDE ACCESS TO STREET OF LESSER CLASSIFICATION.
THAT SECOND PART IS NOT REALLY APPLICABLE HERE.
WE'RE ASKING FOR A WAIVER AS IT RELATES TO THE CONFIGURATION OF DRIVE THE TOWNHOUSE DRIVEWAYS INTERNAL TO THE SITE.
ALL OF THESE, UH, INTERSECTIONS WOULD BE AT A VERY LOW SPEED.
ALL OF THE ROADS INTERNALLY ARE PROPOSED TO BE PRIVATE.
UM, THEY'RE NOT INTERSECTING ANY OF THE PUBLIC ROADS WHERE THIS, THIS CONFIGURATION WOULD OCCUR.
THEY'RE STOCK CONTROLLED AND THERE WILL BE A DA RAMPS AND CROSSWALKS THERE.
SO IT'S JUST SORT OF THAT INTERNAL CONFIGURATION ON THE NORTH, WHAT I'LL CALL THE NO END OR NORTHWEST END OF THE PROPERTY.
CAN YOU MOVE INTO THE
SO YOU'RE NOT TALKING ABOUT PEOPLE PULLING QUICKLY THROUGH THE SITE.
UM, AND ALL OF THESE, ALL OF THE INTERNAL ROADWAYS ARE PROPOSED TO BE PRIVATE.
THEY'LL ALSO HAVE CROSSWALKS, A DA RAMPS AT THOSE INTERSECTIONS, WHICH WILL HELP TO PROMOTE TRAFFIC CALMING AT THOSE INTERSECTIONS AS WELL.
SO THE EXTRA PARKING, UM, IS ONLY ON THIS TOP LEFT, OTHERWISE YOU PARK IN YOUR UNIT AND IN THE DRIVEWAY AND IN THE GARAGE, YES, THERE ARE TWO DRIVEWAY SPACES AND TWO GARAGE SPACES, AND THEN THERE'S EXTRA PARKING THAT WOULD SERVE A COMBINATION OF OVERFLOW FOR THE RESIDENTIAL AND A POTENTIAL FUTURE USE OF THAT, UH, EXISTING HOUSE THAT THERE.
BUT THERE IS THE, I'LL ALSO SAY THAT THE COMMERCIAL SIDE OF THE PROPERTY IS OVER PARKED FOR YOUR ORDINANCE AT THE CURRENT TIME.
SO THERE IS, WE BELIEVE ACCESS PARKING ON THE SITE.
SO HOW MUCH PARKING IS IN THE, UM, RETAIL AREA.
SO IN THE RETAIL, UM, LET ME GET RIGHT NUMBER, I GIVE YOU THE EXACT RIGHT NUMBER.
THERE ARE, UH, 765 PARKING SPACES PROPOSED.
[00:40:01]
122 STACKED UNITS.SO THAT'S JUST WANNA MAKE SURE IT'S JUST PER, THAT'S HOW MANY UNITS THERE ARE.
I KNOW THIS EVERY TIME
DOUBLE THAT OR IS IT JUST YEAH, THAT'S, THAT'S THE TOTAL NUMBER.
I'M TRYING TO BE MU MUCH MORE PRECISE ABOUT THAT.
'CAUSE I KNOW WE HAD SOME CONFUSION OVER THAT INITIALLY AS IT RELATES TO THIS PROJECT.
SO THAT IS THE TOTAL NUMBER OF UNITS.
IT'S ONLY 61, WHAT I'LL CALL INDIVIDUAL BUILDINGS THAT YOU WOULD THINK OF.
AND DID YOU SAY THESE HAVE ELEVATORS? UM, THE, THE ELEVATORS WERE SOMETHING THAT WOULD POTENTIALLY BE AN OPTION.
I THINK WE'RE THINKING IN IN GENERAL THAT THIS PARTICULAR HOUSING WILL BE TARGETED MORE TOWARDS SOMEONE THAT'S MORE OF AN ENTRY LEVEL BUYER INTO THE TOWNSHIP NECESS RATHER THAN NECESSARILY A MOVE DOWN BUYER.
I MEAN THE MOVE DOWN BUYER THAT MIGHT BE OLDER IF THEY'RE GOING TO LIVE IN THIS TYPE OF UNIT MIGHT WANT AN ELEVATOR.
BUT WE ARE THINKING DEMOGRAPHICALLY BASED ON THE INFORMATION THAT MY CLIENT HAS REALLY IS GOING TO BE SOMEONE THAT'S COMING INTO AN ENTRY LEVEL TYPE OF HOUSING MORE THAN A MOVE DOWN.
SO OBVIOUSLY NOT EVERYONE WOULD WANT AN ELEVATOR AND THE COST OF ELEVATORS, JUST LIKE A LOT OF OTHER THINGS HAS GONE UP WAY UP.
SO WE WOULDN'T WANT TO PRICE PEOPLE OUT OF THE MARKET, UM, BY REQUIRING ELEVATORS.
MY ONLY THOUGHT IS, IS THERE ANY OPEN SPACE AT ALL? I DON'T SEE ANY.
IS THERE GREEN AREAS? UM, THERE ARE, I MEAN THERE'S GREEN SCATTERED THROUGHOUT THE SITE I SHOULD POINT OUT.
THERE'S ALSO, THERE'S A TOP LOT, UM, THAT IS LOCATED IN THE, UM, IF YOU'RE LOOKING AT THE PLAN, SORT OF THE BOTTOM RIGHT CORNER WHERE THAT PROPERTY LINE WOULD BE.
UM, AND THAT WAS DIRECT, THAT IS MORE GEARED TOWARDS SMALLER CHILDREN ON THE SITE.
SINCE THERE'S THE LARGER PARK FACILITY NEXT DOOR, WE FIGURE THE LARGER, THE OLDER CHILDREN WILL WANT TO GO TO THE, THE PARK FACILITY NEXT DOOR.
PERSONALLY, I'D LIKE TO SEE MORE GREEN SPACE, LIKE THESE FOUR UNITS HERE THAT ARE UP AGAINST BLACKROCK AND IT'D BE GREAT IF THERE WAS SOME GREEN.
I LIKED THE ORIGINAL, LIKE DRAWING BETTER.
IT FEELS VERY BOXY IN THIS ONE.
YEAH, I MEAN PART OF THIS CONFIGURATION WAS DRIVEN BY PROVIDING ACCESS ALL, YOU KNOW, SORT OF CIRCULATION FOR FIRE TRUCKS.
UM, SO IT DID HAVE TO BE RECONFIGURED.
ARE THERE, HOW IS THERE PRICING? UM, DO YOU, DO YOU, DO YOU HAVE PRICING YET OR NOT? NOT, NOT YET.
SOMEWHERE IN THE FOURS, PROBABLY SOMEWHERE IN THE FORCE, YES.
IS THAT CONSIDERED? I'M, I, I UNFORTUNATELY FOR NEW CONSTRUCTION IN TODAY'S MARKET, BUT I, YOU KNOW, TOUGH, TOUGH THESE DAYS.
ARE THERE GOING BE THE TRAIL, LIKE CONNECTING TO THE BLACKROCK PARK? ARE YOU GONNA BE ABLE TO WALK? YES.
OR THERE? YES, THERE WILL BE AND THERE WILL BE SIDEWALK, THERE WILL BE, YOU KNOW, TRAIL SIDEWALK ALONG THE FRONTAGE, BUT THERE WILL BE TRAIL CONNECTING TO THE, THE PARK AS WELL AND THE SIDEWALK ALONG BLACKROCK ROAD.
UM, AND THEN WE DIDN'T GET TO THAT WAIVER YET, BUT WE ARE REQUESTING, WELL WE NOT FOR SIDEWALK WE'RE, WE'RE GOING TO PUT IN SIDEWALK.
I'M REQUESTING THE NEXT WAIVER RELATES TO CURBING ONLY ON BLACKROCK.
SO IN CERTAIN AREAS, UM, SORT OF COMING OUT TO THE SITE ALONG THE CORNERS AT THE RADII, AT THE INTERSECTION OF DORON AND 29TH THERE WOULD BE CURBING.
BUT THEN ALONG THE FRONTAGE, UH, WE ARE SEEKING A WAIVER NOT TO PROVIDE CURBING BASED ON CURRENT DRAINAGE PATTERNS THERE.
IF WE PROVIDED THE CURBING, IT'S GONNA PUSH THE WATER INTO THE ROAD.
THAT'S MIGHT NON NON-TECHNICAL WAY OF EXPLAINING IT.
AND WE HAVE OUR ENGINEER HERE IF YOU'D LIKE ME TO HAVE THEM EXPLAIN IT IN MORE DETAIL, BUT ESSENTIALLY IT ALLOWS THE DRAINING, DRAINING PEN OR TO ACT CORRECTLY AS IT SHOULD AND IT DOES TODAY.
UM, PENDOT HAS ALSO INITIALLY REVIEWED THIS DESIGN AND THEY ARE COMFORTABLE WITH IT.
HOW DOES THE SIDEWALK END AT THE BOTTOM RIGHT CORNER? LIKE, JUST BECAUSE I CAN'T PICTURE WHERE THAT IS RIGHT NOW.
IT IT ENDS YOU MEAN WHEN IT GOES OFF THE SITE.
YEAH, IT'S SORT OF, IT'S AN OPEN AREA AND THEN YOU GET OVER TO 4 20, 4 22 ENTRANCE THAT'S RIGHT OF WAY OWNED BY PENN.IN THERE.
YEAH, THEY HAVE A VERY LARGE AREA OF RIGHT OF WAY IN THAT AREA FROM, I'M NOT SURE EXACTLY WHY, BUT I'M NOT SURE EITHER.
BUT THEY DO, BUT IT, IT, EVEN ON OUR SITE, ON THE FRONT EDGE, IT JUTS IN ON THAT SIDE
[00:45:01]
MORE SIGNIFICANTLY.AND THEN YOU, UH, CROSSWALKS TO ACROSS THE STREET OR? YES, THERE, THERE WILL BE.
UM, PREVIOUSLY, AND GREG RICHARDSON, OUR TRAFFIC ENGINEERS HERE, YOU COULD PROVIDE MORE DETAIL, BUT, UM, BASED ON THIS CONFIGURATION, THEY WILL NOW LET US ADD THAT LEG OF THE CROSSWALK, WHICH FEASIBLE APPARENTLY IN THE PAST.
I'D SAY THE OTHER MAIN, ONE OF THE OTHER MAIN BENEFITS THAT WILL OCCUR HERE IS THAT, UM, THE WEAVING CONDITION WHEN YOU GET OFF OF 4 22 IS GOING TO BE ADDRESSED AS PART OF THE TRAFFIC IMPROVEMENTS HERE.
AND THEN I, I DID LISTEN TO THE, UM, THE PLANNING MEETING.
YOU ARE GONNA MOVE THE BUS STOP.
WE'RE GONNA TRY TO MOVE THE BUS STOP DOWN AND ACTUALLY PUT LIKE AN ACTUAL BUS LIKE PAD.
THERE IS AN AREA SHOWN ON THE PLAN FOR A BUS PAD THAT, UM, I WILL TAKE THE POINT AND THIS I CAN GET IN.
WE CAN HAVE, WE CAN HAVE, UH, DO YOU WANT, DO YOU WANNA SHOW? SURE, YEAH.
GREG RICHARDSON WITH TRAFFIC PLANNING AND SIGN.
YEAH, THE BUS STOP IS CURRENTLY JUST TO THE SOUTH OF THE INTERSECTION OF 29 AND BLACKROCK.
UH, MATTER OF FACT, I, WE UM, DID A FOLLOW UP EMAIL WITH SEPTA TODAY.
SEPTA'S VERY BUSY DURING THE SUMMERTIME APPARENTLY, BUT, UM, THE BUS STOP WILL BE, WE, WHAT WE WOULD DO IS LIKE TO RELOCATE IT RIGHT IN THIS AREA HERE, LIKE HALFWAY BETWEEN THE TWO SIGNALS.
SO WHAT THAT'LL DO IS GIVE THE OPPORTUNITY FOR ANY OF THE RESIDENTS THAT LIVE HERE, UH, IN THE FUTURE AND ANY ONE THAT WANTS TO PATRONIZE THE SHOPPING CENTER AND OR, UM, MAYBE WORKING AT THE SHOPPING CENTER AND TAKE MASS TRANSIT.
AND THEN ALSO THE FACT THAT, UH, IT'LL PROVIDE BETTER ACCESS AND SAFER ACCESS FOR THE RESIDENTS AT A BRANDYWINE FACILITY HERE.
SO, AND AS FAR AS THE TRAIL SYSTEM, 'CAUSE YOU WERE ASKING ABOUT THAT, WE ARE, UH, MAINTAINING THE EXISTING TRAIL SLASH CROSS, UH, UM, SIDEWALK.
IT'S MORE, MORE OF A TRAIL THAN IT IS SIDEWALK THAT WILL BE MAINTAINED ALONG THE FRONTAGE FROM, FROM THE SITE HERE.
WE'RE GONNA, UH, TIE INTO THE EXISTING, MAKE SURE, I THINK THERE WAS A MISSING LINK HERE, UH, IF I'M NOT MISTAKEN, BUT THAT WILL CONNECT TO THE EXISTING, UH, UH, TRAIL SYSTEM THAT'S IN FRONT OF THE TOWNSHIP PROPERTY.
GO ALL THE WAY DOWN TO 29, THEN IT WILL WRAP AROUND THE FRONTAGE OF THE SITE.
UH, WRAP AROUND TO THE FRONTAGE OF THE SITE.
WE'LL, AS YOU, WE WERE, YOU WERE JUST DISCUSSING, WE'LL TERMINATE HERE.
THIS IS WHAT, UH, PEN DUCK CALLS, UM, UH, LIMITED ACCESS RIGHT AWAY.
SO WE REALLY DON'T HAVE ACCESS AND IT'S REALLY A SIDEWALK TO NOWHERE AT THAT POINT.
BUT, UH, AND THEN WITH THE GREAT BENEFIT HERE WAS THAT PROVIDE THE CROSSING, EVEN IF WE DIDN'T GET THE BUS STOP HERE, WE WOULD STILL HAVE A, AN IMPROVED, UH, CROSSING ACROSS THE INTERSECTION TO PROVIDE ACCESS TO THE BUS STOP, WHICH IS RIGHT IN FRONT OF THE GLAXOSMITHKLINE JUST NORTH OF THE SIGNAL.
AND AS EL SAID, UH, THE, THE WEAVE HERE WILL BE ELIMINATED.
IT'S VERY CONFUSING WHEN YOU COME OFF THE RAMP AND YOU LOOK LIKE YOU'RE RIGHT ON THE RIGHT TURN LANE FOR THE, FOR THE EXISTING PROPERTY AS WELL AS ANOTHER MAJOR IMPROVEMENT.
UH, IT MAY NOT SEEM LIKE IT'S MAJOR, BUT IT, WHAT WE'RE GONNA BE DOING IS RE UH, DESIGNING THE SIGNAL HERE TO THE EXTENT THAT THERE WILL BE A YELLOW AIR FLASHING YELLOW AND THE BLACK ROCK ROAD APPROACH, WHICH WILL ELIMINATE A LOT OF THE, UH, CRASHES THAT ARE, UH, ARE EXPERIENCED AT THIS INTERSECTION.
UH, THERE IS QUITE A HISTORY OF THIS, AT LEAST FIVE CRASHES A YEAR, UH, OVER THE LAST 21 UNITS.
IS THAT GONNA HELP
IF YOU COME DOWN HERE, YOU SEE IT'S NOT YOUR TRADITIONAL 90 DEGREES.
SO THAT, THAT, UH, CONTRIBUTES TO THAT.
SO THAT WAS SOMETHING THAT YOUR PREVIOUS TRAFFIC CONSULTANT AND AS WELL AS PENDO HAS REQUESTED THAT WE TAKE A LOOK AT TO TRY TO, UH, TO UH, IMPROVE THAT SITUATION THERE.
NOT, AGAIN, NOT ONLY TO ADDRESS OUR, UH, ADDITIONAL TRAFFIC, BUT TO ADDRESS AN EXISTING DEFICIENCY.
IS THAT CONCRETE THING YOU GUYS STAY THERE? I'M SORRY, THE CONCRETE THING? THAT'S VERY UGLY.
THE ISLAND, FOR LACK OF A BETTER TERM.
YEAH, THAT'S THE EXISTING THAT'S GONNA REMAIN.
NO, IT'S UNFORTUNATELY HERE, IF YOU WANNA TREAT IT AS A, A SAFE HAVEN OR AN OASIS FOR PEDESTRIANS, YOU CAN CALL IT A LOT OF THINGS.
BUT UNFORTUNATELY WHAT'S GONNA HAPPEN IS, UH, THAT, THAT, THAT HAS TO REMAIN JUST BECAUSE OF THE SKEWED NATURE OF THE INTERSECTION.
AND THEN THIS LANE THAT'S OUT HERE NOW IS THE RIGHT HERE, IF YOU SEE WITH THE, THAT'S THE EXISTING RIGHT TURN LANE TO TURN INTO THE QUEST BUILDING.
WE'RE GONNA BE WIDENING TO PROVIDE A, A DEDICATED RIGHT TURN LANE TO MATCH WHAT'S OUT THERE NOW.
BUT WE'RE GONNA TAKE THAT RIGHT TURN LANE AND EXTEND IT THROUGH THE INTERSECTION SO YOU DON'T HAVE TO WEAVE.
AND THEN WE'RE GONNA HAVE A SIGN, OVERHEAD SIGN ON THE MAT.
THERE'S A, UH, A GUY WIRE, UH,
[00:50:01]
SPAN WIRE THAT GOES ACROSS THE ROAD WITH THE SIGNS THAT SAY WHICH LANE TO BE IN.WE'RE GONNA ENHANCE THE SIGNAGE THERE TO SAY IF YOU'RE IN THE, UH, OUTSIDE LANE HERE, THAT WHICH WILL BE THE OUTERMOST THROUGH LANE, IT'LL SAY BLACK ROCK ROAD.
SO IT'LL IMPROVE, UH, DRIVER'S AWARENESS THAT THEY SHOULD BE IN THAT LANE.
IF THEY WANT TO INTEND TO TURN RIGHT AT AT BLACKROCK, THEY SHOULD BE IN THIS LANE.
AND THEN EVERYONE ELSE CAN, UH, YOU KNOW, PROCEED SOUTH ON 29 OR TURN ONTO BLACKROCK TO TURN LEFT.
I NEED TO GO BACK TO THE OLDER HOME AT THE TOP LEFT.
WAIT, BEFORE YOU GO, CAN I ASK A QUESTION ABOUT OVER HERE? UM, YOU DON'T THINK THAT THERE'S GONNA BE MORE TRAFFIC ACCIDENTS WITH THE BUS STOPPING THERE AND, AND CARS TRYING TO GO AROUND IT AND I KNOW THERE'S GONNA BE A PAD, BUT THE BUS STILL HAS TO PULL IN AND PULL OUT? WELL, THAT'S WHAT HAPPENS AT MOST, UH, TO THE SOUTH.
IT HAPPENS WHEN I SAY THAT BECAUSE WE'VE MOVED IT FROM A PLACE WHERE THERE'S, IT'S JUST STRAIGHT ON AND WE'RE MOVING IT TO A PLACE WHERE THERE'S MORE TRAFFIC COMING PAST IT.
WELL, TO THE SOUTH IT'S ACTUALLY IN THE LANE, CORRECT? YEAH, THIS IS GOING TO BE IN THE RIGHT TURN LANE.
SO WITH THE AMOUNT OF TRAFFIC THAT TURNS THERE, WELL SEPTA'S GOING TO ADDRESS, WE'VE BEEN ASKED TO PUT IT THERE, UH, BY SEVERAL PARTIES.
I'M JUST WONDERING BECAUSE I I'M SEEING ACCIDENTS.
WE HAVEN'T SEEN AN ACCIDENT, UH, HISTORY, UH, AT THIS INTERSECTION BECAUSE OF CRASH.
NO, I MEAN ONCE THERE'S A BUS STOP, THERE'S, THERE IS WHAT I'M THINKING.
I DON'T, WE DON'T ANTICIPATE, WE WOULDN'T RECOMMEND THAT YOU PUT IT THERE OTHERWISE SEP IS GONNA HAVE TO ASSESS IT THERE.
IF THEY DON'T FEEL LIKE THEY'RE COMFORTABLE HAVING THEIR BUSES STOP IN A, IN A TURN LANE, WHICH IS NOT UNCOMMON.
UH, YOU KNOW, IF YOU GO DOWN TO, YOU KNOW, PHILADELPHIA, THEY'RE ALWAYS PULLING OFF INTO THE RIGHT TURN LANE.
IF THEY DON'T STOP AT THE THROUGH LANES NOT UP, WE HAVE MORE SPACE THAN WE DO.
I LIVE IN LIMERICK, SO I I LIVE RIGHT NEXT DOOR.
SO, UM, IT'S, IT'S SOMETHING THAT, UH, THEY'RE GONNA HAVE TO ASSESS IF THEY FEEL THAT THIS IS NOT AN APPROPRIATE STOP BECAUSE OF THAT RIGHT TURN LANE, THEN WE, WE REALLY DON'T HAVE CONTROL OVER THAT.
BUT YOU MAKE A GOOD POINT AND WE WILL, WE'LL DEFINITELY KEEP THAT IN MIND.
I I JUST WANTED TO GO BACK TO THE HOUSES THAT ARE UP AGAINST THE OLD FARMHOUSE.
AND THEN YOU HAVE FOUR MORE UNITS RIGHT THERE.
I GUESS I QUESTION WHY CAN'T YOU HAVE SOME GREEN OPEN SPACE? THERE'S RIGHT NOW, IF I LOOK AT THE QUEST LIVE, THERE'S TREES AND THERE'S GRASS, IT'S THE BUILDING'S SET IN THE BACK.
I FEEL LIKE THAT IS ALL GONE AND WE'RE JAMMING THESE UNITS IN AND I GET IT, YOU WANNA MAKE MONEY
WHY CAN'T THAT JUST BE OPEN? IT JUST LOOKS SO IT'S EITHER HOMES OR PARKING LOT.
IT DOESN'T LOOK APPEALING AT ALL TO ME AND I DON'T LIKE IT.
ITS EITHER A BATTERY OR YOU HAVE A PART WHERE YOU HAVE A BIG RETAIL AREA THAT'S ALL PAVED.
PERSONALLY, I WOULD LIKE SOME OPEN SPACE IN THERE.
I CAN WALK YOU THROUGH SOME OF THE GREEN SPACE OF HERB SCHULTZ.
I'M THE ARCHITECT FOR THE PROJECT.
SO, UM, BASICALLY ALL FROM ALL OF THIS AREA HERE, WRAPPING AROUND ALL ALONG HERE, ALL IN, IN HERE.
UH, THIS, THIS DOESN'T SHOW, UH, THE, UH, THE TREE PLANTINGS, BUT THERE ARE GOING TO BE TREES PLANTED ALONG THIS AREA.
WE'VE, ONE OF THE MAIN CHANGES THAT WE MADE TO THIS SITE PLAN WAS WE PUSHED AND PULLED ALL THESE TOWNHOUSES IN AND OUT AND WE SORT OF CREATED THESE LARGE COURTYARDS.
SO THIS IS ALL GREEN SPACE IN BETWEEN HERE AND ALL IN HERE, SAME HERE AND ALL IN HERE.
THE IDEA IS THAT WE HAVE THESE WALKWAYS AND GATHERING SPACES.
YOU KNOW, WE KIND OF FORESEE THIS AS BEING REALLY PROGRAMMED AND OCCUPIED SPACE BY ALL THE TENANTS DOING EXACTLY WHAT YOU'RE LOOKING FOR.
WE WANT TO HAVE GATHERING SPACES AND UM, AND AREAS WHERE KIDS CAN PLAY.
UH, AS WE MENTIONED BEFORE, THE TOT LOT DOWN HERE I THINK IS, IS REALLY GEARED TOWARDS, YOU KNOW, MUCH SMALLER KIDS.
UM, YOU KNOW, THE ADJACENT PROPERTY IS OBVIOUSLY AVAILABLE TO, UH, TO, TO MORE, UM, YOU KNOW, 10 YEAR OLDS AND OLDER.
BUT, UH, I JUST WANTED TO POINT THAT OUT.
THIS IS NOT, THIS IS, THIS IS ALL GRASS HERE AND ALL OF THE INTER INTERSTITIAL SPACES BETWEEN HERE ALL ALONG THIS AREA AND HERE THERE'S BUFFER PLANTINGS.
UM, THIS PLANT IS REALLY WHAT WE'RE LOOKING AT RIGHT NOW IS JUST FOR, YOU KNOW, TO REALLY UNDERSTAND THE MACRO VIEW OF THE SITE.
BUT THERE, THERE IS A LOT OF GREEN SPACE HERE.
ACTUALLY, THE BLACK AND WHITE DOESN'T HELP.
[00:55:02]
IT'S JUST UNFORTUNATE BECAUSE IT'S LIKE BROKEN UP BY THE STREETS.SO PEOPLE REALLY AREN'T LIKE, IT'S NOT LIKE A STATE AREA WHERE PEOPLE TO LIKE KIDS WITH THE RUNG AROUND, RIGHT? SO HE OH, YOU MEAN THIS, THIS ROAD HERE IN HERE, LIKE IF YOU PUT BIGGER TABLES, IT BE NARROWS BECAUSE THERE'S, YOU KNOW, TRAFFIC ON BOTH SIDES.
UM, IT'S NOT LIKE IF IT'S BY THE LIKE COFFEE HOUSE, LIKE IT'D BE LITTLE BIT MORE LIKE COHESIVE SPACE.
JEFF, DO YOU HAVE THE LANDSCAPE PLAN? I KNOW THIS IS A BIG SET, BUT IF YOU DO, I THINK THAT WOULD HELP TO VISUAL VISUALIZE.
THERE IS INFORMATION THAT'S NOT SHOWN ON THIS PLAN FOR CLARITY'S SAKE.
BECAUSE EVEN OFF THIS, WHERE YOU SAY THERE'S OPEN SPACE, RIGHT ON THE OTHER SIDE OF THE RETAIL, IT LOOKS LIKE THERE'S PARKING SPOTS OR SOMETHING, YOU KNOW, SHEET NUMBER.
DENNIS, THAT'S, YEAH, THAT'LL SHOW.
SO DENNIS ERIC IS OUR, UH, CIVIL ENGINEER FOR THE PROJECT.
SO JUST TO, SO TO YOUR POINT, THE PLAN WE WERE LOOKING AT PREVIOUSLY WAS THE LAND DEVELOPMENT PLAN.
IT DOESN'T SHOW IN THE LANDSCAPING.
UM, SO THIS IS THE TOWNHOUSE PORTION OF THE SITE WITH THE LANDSCAPING.
SO YOU CAN SEE WE HAVE BUFFER AREAS ALONG ALL THE FRONTAGES.
UH, THIS IS THE TOWNSHIP PARCEL HERE, WHICH WE ARE PROPOSING.
AND PART OF THE PROJECT IS OFFSETTING SOME OF THE TREE PLANTINGS THAT WE REQUIRED TO BE PUT ON THEIR PROPERTY.
THERE'S A TRAIL OF CONNECTION THERE, UH, TO THE TOWNSHIP TRAIL SYSTEM, UH, HERE.
THE SITE IS AN EXISTING, UH, CREEK, UH, THAT THERE'S SOME ADDITIONAL LANDSCAPING PUT IN THERE.
THAT'S WHAT IS KIND OF THE SEPARATOR BETWEEN THE RESIDENTIAL AND THE COMMERCIAL PORTIONS.
AND IF YOU WENT DOWN TOWARDS THE COMMERCIAL AREA, JUMPS AROUND A LOT.
YEAH, IT'S, NO, I THINK IT WOULD BE ON THE NEXT BEFORE IT'S NOT THE ALLY.
SO THIS IS, SO THESE ARE ALL OPEN LANDSCAPED AREAS ALONG BLACKROCK ROAD UP AGAINST THE ROAD.
CAN CAN PEOPLE ASK QUESTIONS NOW OR DO WE HAVE TO WAIT? WE HAD PUBLIC COMMENT EARLIER.
WE DON'T HAVE PROBABLY TIME FOR QUESTIONS.
I MEAN, I FEEL LIKE THE OPEN SPACE IS UP AGAINST THE ROAD AND THE PART THAT YOU POINTED OUT, THERE IS A CREEK IN IT.
I, I WANNA GO BACK TO JUST TAKING OFF THE FOUR UNITS NEAR THE OLD HOUSE.
I MEAN, GIVE, IT JUST DOESN'T FEEL WE CAN'T ASK QUESTIONS.
WE HAD A PUBLIC COMMENT EARLIER, SORRY.
BUT IT WAS, I THINK THAT WAS PUBLIC COMMENT AND STUFF THAT WASN'T BEING PRESENT PRESENTED.
I THINK SOMEWHERE WE HAVE SOME CONCERNS.
I THINK WITH THE, THE WAY THE TOWNHOUSES LOOK NOW, I THINK IT CAUGHT ME OFF GUARD BECAUSE THE ORIGINAL PLAN DIDN'T FEEL SO SQUISHED AND BOXY AND LIKE, I'VE SEEN NEIGHBORHOODS LIKE THIS AND THEY'RE CLAUSTROPHOBIC.
UM, I MEAN, WOULD IT BE HELPFUL IF WE HAD A RENDER? I MEAN, WE HADN'T UPDATED RENDERING BECAUSE WE WERE INTO THE MORE TECHNICAL REVIEW, BUT, UM, IF THAT'S SOMETHING THAT WOULD BE HELPFUL TO HELP, I WOULD, YEAH, THE PICTURE KIND OF LIKE WHAT'S IN BETWEEN THE TOWNHOUSES, LIKE WHAT THAT WILL LOOK LIKE IF IT, IT WILL BE MORE, AT LEAST FOR ME, MORE SPACIOUS THAN IT, IT SEEMS, UM, YOU MIGHT HAVE TO LOSE SOME UNITS.
I MEAN, I HATE TO SAY THAT IT'S, IT DOES LOOK CLAUSTROPHOBIC.
THEY'RE GONNA BE TALL AND JUST, AND ALSO DESIGN BOOKLET, DESIGN GUIDELINE BOOKLET, SO WE CAN ACTUALLY SEE WHAT THESE WOULD LOOK LIKE.
[01:00:02]
YOU KNOW, PUT TOGETHER A DESIGN GUIDELINE BOOKLET AS WE GO.IN THE FINAL, I'LL SHOW YOU MORE SPECIFICALLY WHAT THEY'RE GONNA LOOK LIKE.
I MEAN, TYPICALLY AT PRELIMINARY WE DON'T NECESSARILY HAVE FULL ARCHITECTURE, BUT CERTAINLY HAPPY TO GIVE YOU SOMETHING THAT WOULD VISUALIZE THIS BECAUSE EVEN THE OPEN SPACE YOU POINTED DOWN AS A CREEK, IT'S NOT LIKE IT REALLY COULD BE USABLE.
I THINK A LITTLE BIT MORE SPACE BETWEEN THEM.
MY THOUGHT IS, OF COURSE, I FEEL BOOK OF RECORD, GET RID OF THOSE FLOOR NEAR THE OLD, OLD FORMATS.
MAKE THAT A NICE OPEN SPACE FOR PEOPLE TO SIT.
I DON'T SEE THE REST OF IT BEING VERY USABLE.
IS THAT A ROAD ON THE OTHER SIDE BUT JUST IS A DEAD END OR IS THAT I CAN'T TELL.
UH, WHEN YOU'RE SAYING THE OTHER, I'M NOT SURE, I'M SORRY.
THE OTHER, THE OTHER, THE RIGHT SIDE OF THE DID THEY'RE TALKING ABOUT THE AREA TO THE RIGHT ALONG THAT RIGHT PROPERTY LINE.
YEAH, THE RIGHT PROPERTY LINE.
THIS WOULD BE A TRAIL CONNECTION.
THERE'S ALSO AN EXISTING SANITARY SEWER EASEMENT THERE.
SO THAT IS WHY WE ARE NOT PLANTED.
NO, I JUST COULDN'T TELL IF THERE WAS A ROAD THERE.
YEAH, THAT IS NOT A ROAD, JUST, THAT'S WHY THE BUFFER LANDSCAPING IS AT THE EDGE OF THE PROPERTY.
'CAUSE IT CAN'T BE PLANTED ON TOP OF, THAT'S WHY I DIDN'T, THERE'S, AND JUST, AND JUST FOR CONTEXT, THIS AREA TODAY IS AN EXISTING PARKING FIELD ON THE SITE.
SO JUST EVEN THE WAY QUEST LAID OUT WITH THAT STREAM BIFURCATION, THEY HAVE A PARK, THE BACK IS ALL PARKING IN THE FRONT HAS THE BUILDING AND ADDITIONAL PARKING.
SO IT IS NOT, THERE'S MORE GRASS IN THE CURRENT QUEST ISN'T THERE TO THE LEFT OF THE QUEST BUILDING CURRENTLY? CAN YOU PUT THAT WHERE THESE TOWNHOUSES ARE CURRENTLY IS ALL PARKING? IT'S A GIANT PARKING FIELD.
I DON'T REMEMBER FEELING, BUT IT'S ALSO BEEN, DO YOU, ALLISON, DO YOU WANNA GO? I THINK THERE WERE TWO MORE WAIVERS.
SO THE THIRD WAIVER RELATES TO, UM, SHADE TREES.
AND THIS IS A FUNCTION OF THE TOWNHOUSE UNITS, WHICH REGARDLESS OF THE CONFIGURATION, SO TO SPEAK, IN AN ATTACHED UNIT, UH, GIVEN THE CONFIGURATION AND ACCESS TO THE SITE, THERE'S NOT PHYSICALLY ENOUGH SPACE WITH THOSE ATTACHED UNITS TO PLANT TREE, SHADE TREE, SORRY.
UM, IN BETWEEN THE VARIOUS SHARED DRIVEWAYS, SO WE ARE PROPOSING ORNAMENTAL GRASSES AND THEN WE HAD DISCUSSED WITH THE PLANNING COMMISSION THAT, UH, WE WOULD BE, UH, WILLING TO, TO CONTRIBUTE OR PLANT TREES ELSEWHERE, UM, IN A PLACE THAT WOULD BE DESIRED BY THE TOWNSHIP.
UM, AND THEN FINALLY, THE LAST WAIVER, UM, PERTAINS TO RETAINING WALLS ON THE SITE.
THIS IS NOT, UM, SPECIFICALLY RELATED TO THE TOWNHOUSE SECTION, BUT THERE ARE RETAINING WALLS THROUGH THE SITE.
THERE IS A, YOU KNOW, CHANGE IN GRADE, UM, ON THE SITE DEPENDING ON WHERE YOU'RE LOCATED.
AND YOUR ORDINANCE ACTUALLY REQUIRES THAT A MASONRY WALL CANNOT EXCEED 50 FEET WITHOUT A BREAK OR OFFSET.
THERE ARE A COUPLE OF PLACES ON THE SITE WHERE WE ARE PROPOSING, UM, THE RETAINING WALLS TO BE LONGER THAN 50 FEET.
UM, IT'S A FUNCTION OF THE SITE, HOW IT OPERATES, GRADING, ET CETERA.
I COULD HAVE DENNIS GIVE YOU MORE DETAIL ABOUT IT, BUT ESSENTIALLY IT'S REALLY TO NOT, UM, BREAK THAT UP WITH EVERY 50 FEET.
AND THAT IS IN THE COMMERCIAL AREA OF THE SITE.
IT JUST KIND OF GOES BACK TO LIKE, IF YOU CAN'T FIT THEM IN, IT GOES BACK TO THE POINT.
SO AGAIN, THAT'S GONNA BE A FUNCTION OF THE BUILDING.
SO THAT'S THE FUNCTION OF THE TYPE OF UNIT.
SO REGARDLESS OF HOW MANY UNITS THERE ARE, YOU'RE NOT PHYSICALLY GOING TO BE ABLE TO FIT ALL OF THEM IN BECAUSE OF THE TYPE OF UNIT IT IS.
[01:05:03]
I THINK IT JUST LOOKS, ANYTHING ELSE THAT CAN, WE COULD GO IF YOU WANNA, IS THERE ONE ONE WEAVER OR NO, THE, THE, THE, IF, IF YOU RECALL, THE LAST ITEM THAT WAS ON THAT LIST RELATES TO THE LOADING AREAS FOR THE COMMERCIAL.AND THAT IS SOMETHING THAT WE WILL ADDRESS, UM, AND PROVIDE LOADING AREAS FOR BUILDINGS THAT, OR USES, I SHOULD SAY, THAT ARE OVER 3000 SQUARE FEET.
UM, I MEAN, IT, IT, IT SOUNDS LIKE THERE'S SOME ADDITIONAL, WOULD IT BE POSSIBLE TO COME BACK, MEET WITH LIKE A COLORIZED PLAN, MAYBE DEPICT THE GREEN AREAS, UM, A LITTLE MORE CLEARLY ON THE PLAN AND MAYBE LOOK AT SOME OF THE, THE INTERNAL OPEN SPACES A LITTLE BIT MORE? YEAH, I MEAN, CERTAINLY WE OBVIOUSLY WOULD LIKE YOU TO VOTE IN FAVOR OF THIS.
SO IF YOU'RE, IF YOU'RE HAVING CONCERNS, I OBVIOUSLY DON'T WANT TO FORCE YOU TO SOMETHING YOU'RE NOT COMFORTABLE WITHOUT, WITH, WITHOUT MORE INFORMATION.
IF YOU COULD PRESENT THE RENDERING SIMILAR TO LAST TIME WHERE YOU KIND OF SHOWED WHAT IT WOULD LOOK LIKE OR MIGHT BE HELPFUL, YOU MIGHT WANT US TO, BUT I DON'T, THAT'S WHAT I'M SAYING.
I RATHER COME HAVE BETTER CHANCES WHEN THERE'S FIVE.
YEAH, I MEAN, I PLEASE TRY TO REDUCE THE UNITS.
THAT'S JUST MY BIG, I I'M GONNA STICK WITH THAT.
SO, UM, BUT DON'T JAM 'EM UP AGAINST THE OLD FARMHOUSE JUST ISN'T A GOOD LOOK.
AND IF HE TOOK THOSE AWAY, COULD PUT SOME SHADE TREES THERE COULD SOLVE TWO PROBLEMS. I KNOW IT COMES DOWN TO BUDGET MONEY AND TRYING TO MAKE AS MUCH AS YOU CAN OUTTA IT.
THIS IS WHAT YOU'RE DOING IT FOR.
BUT I'D LIKE THE LOOK TO BE WELCOMING AND NICE.
AND IT'S OUR TOWNSHIP
LET'S JUST, JUST TO CLARIFY ALSO, THE SHADE TREES THAT YOU'RE TALKING ABOUT, THOSE ARE ONES THAT ARE SPECIFICALLY IN FRONT OF THE UNITS, CORRECT? CORRECT.
SO I DON'T EVEN, EVEN IF THEY COULD PUT THE SHADE TREES IN THAT ADDITIONAL OPEN SPACE AREA THAT WOULDN'T, IT WOULD SUFFICE, RIGHT? GET RID OF THE WAIVER.
IT, I, I DON'T THINK THAT YOU'RE NOT LOOKING FOR ANY WAIVER FROM THE NUMBER OF TREES? NO, IT'S JUST THE LOCATION OF WHERE THEY'RE BEING PUT.
THEY CAN'T PHYSICALLY PUT THEM THERE.
IT'D BE NICE IF, YOU KNOW, FOR THE LITTLE FARMHOUSE, IF YOU, WHATEVER YOU DO WITH IT, IF THE COMMUNITY CAN USE IT, AND I THINK IT'S LIKE A GREAT IDEA.
PICNIC TABLES OR SOMETHING, NICE LITTLE OUTDOOR SPACE GATHER DOESN'T FEEL LIKE THERE'S SPACE FOR THAT.
SO I, IF THERE IS, IF YOU HAVE COME PUT THAT IN, THERE'S A REALLY MODERN HOME RIGHT UP AGAINST IT.
WELL, THE ARCHITECTURE I WAS GONNA SAY, CAN YOU GO BACK TO THE PLAN THAT SHOWS THE, YEAH, SO WE DON'T HAVE AN END USER FOR THE HOUSE YET, BUT THIS MIGHT BE A LITTLE, UM, UH, IT MIGHT NOT BE TELLING THE WHOLE STORY.
SO THE HOUSE ITSELF, THE MAIN PART OF THE HOUSE IS HERE.
THERE'S A SMALL SINGLE STORY SPACE HERE AND ALL OF THIS AREA HERE, IT'S HARD TO SEE AT THIS SCALE.
THIS IS ALL PROPOSED TO BE AN OUTDOOR SEATING AREA.
THE, THE, WE ARE, WE ARE PRESUMING THAT THIS IS GOING TO BE USED, UH, BOTH BY PEOPLE COMING DOWN THE TRAIL HERE AND AT, YOU KNOW, CONNECTING OVER TO THE TRAIL, UH, AT THE PARK.
AND THEN ALSO BY, UM, OBVIOUSLY THE PEOPLE THAT LIVE HERE.
WE, WE REALLY DO FORESEE THIS AS BEING VERY PEDESTRIAN FRIENDLY.
ALL THESE WALKWAYS THAT WE KIND OF JUST TALKED ABOUT, THEY ACTUALLY GO, YOU KNOW, THERE'S WALKWAYS THAT GO ALL THROUGH THE SITE HERE AND CONNECT INTO THE COMMERCIAL SPACE AS WELL.
SO WE ARE, WE ARE PLANNING ON HAVING THIS BE A PROGRAMMED, YOU KNOW, OUTDOOR SPACE, YOU KNOW, SEATING GROUPS, THINGS LIKE THAT.
THERE'S, BUT YOU CAN SEE BIKE RACKS HERE.
UM, IT'S HARD TO TELL AT THIS SCALE BECAUSE, YOU KNOW, WE'RE SORT OF INTO THE LAND DEVELOPMENT.
IT'S NOT THE PRETTY PICTURES ANYMORE.
UM, WE HAD SHOWN SOME RENDERINGS AT THE LAST, I THINK WE HAD SHOWN SOME RENDERINGS OF THIS AT THE LAST TIME WE WERE HERE OF THIS SPACE SPECIFICALLY.
AND MOST OF THAT RELATIONSHIP HASN'T ACTUALLY CHANGED.
THE MAIN CHANGE THAT WE DID WITH THE TOWNHOUSES, IF YOU'LL REMEMBER, THESE WERE ALL BASICALLY BAR BUILDINGS, YOU KNOW, LIKE SORT OF JUST LIKE ALL STACKED IN THE SAME LINE WITH EACH OTHER.
WE, UM, BASED ON SOME COMMENTS, I THINK FROM MAYBE
[01:10:01]
FROM JEN'S TEAM TO OPEN THIS SPACE UP, WE STARTED TO PUSH THESE ALL AROUND AND OPENED UP THESE CENTRAL COURTYARDS.AND JUST FOR REFERENCE, THE POINT, YOU KNOW, THE, THE SPACING FROM THIS BUILDING TO THIS BUILDING IS, I WANNA SAY 80 FEET, 75 FEET.
IT'S A LOT OF, IT'S A LOT OF ROOM.
I MEAN THESE WALKWAYS ARE ALL, YOU KNOW, KIND OF MEANDERING THROUGH.
SO WE, WE ARE TRYING TO, YOU KNOW, UH, TO PRODUCE WHAT YOU'RE TALKING ABOUT, WHICH IS TO HAVE NICE PEDESTRIAN OUTDOOR SPACES.
ON THE OTHER, I'M GONNA GO BACK TO THIS.
IF YOU TOOK OFF THE FLOOR RIGHT AGAINST THE ROAD, IT WOULD MAKE IT NICE IF YOU COME DOWN BLACKROCK, BUT THERE'S NOT HOMES RIGHT ON IT.
LIKE CADY CORNER FROM THIS QUEST ON, UM, BLACKROCK TURNS INTO RE OF 29.
THOSE HOMES ARE SMACK UP AGAINST THEIR ROAD AT DEVELOPMENT AND IT JUST DOESN'T LOOK GOOD.
YOU THINK YOU COME RIGHT OFF OF THE TURN 4 22 AND THOSE HOMES ARE GREAT.
LIKE, I DON'T WANT THAT LOOK HERE.
SO WHAT I WILL SAY IS, YOU KNOW, IF YOU ARE COMING DOWN BLACKROCK, UH, AGAIN THERE, THIS IS, THIS IS SHOWING SOME OF THE TREES, BUT NOT ALL OF THEM, YOU KNOW, THIS IS ALL GONNA BE HEAVILY PLANTED HERE.
AND AGAIN, THE RENDERINGS THAT WE HAD SHOWN PREVIOUSLY FOR THIS AREA, THAT REALLY HASN'T CHANGED.
IT, IT DOES SHOW THAT LIKE ALL OF THESE, THIS WALKWAY HERE IS ALL UNDER CANOPY AND THEN THIS BUILDING, OBVIOUSLY BECAUSE OF ITS PROXIMITY TO THE ROAD, IT'S BASICALLY A, YOU KNOW, A STANDALONE BUFFER FOR THESE BUILDINGS ANYWAY.
UH, AND THEN OBVIOUSLY THERE'S, THERE'S SOME, THERE'S SOME MORE PLANTINGS HERE.
IS THERE PARKING UP NEAR THE OLD FARMHOUSE IF SOMEBODY WANTED TO? IF IT DOES, IF IT IS END UP IN THE COFFEE HOUSE.
OH, THAT'S ALL PARKING HERE IS FOR, IS, YOU KNOW, PROJECTED TO BE USED FOR THE END USER, RIGHT, RIGHT, RIGHT.
AND THEN THERE'S ALSO A VISITOR PARKING HERE AND WE ALSO INTERSPERSED SOME, THERE'S A COUPLE OF SPOTS HERE, VISITOR PARKING AND A FEW HERE TOO.
SO, YOU KNOW, ONE OF THE THINGS THAT WE HAD HEARD FROM THE, UM, FROM THE BOARD PREVIOUSLY WAS, YOU KNOW, THE LACK OF OF, OR SORT OF THE CENTRALIZATION OF ALL OF THE VISITOR PARKING.
IF YOU KNOW, THIS PERSON'S HAVING PEOPLE OVER, THEY HAVE TO PARK HERE.
SO WE'VE TRIED TO DAPPLE IN MORE PARKING THAN WHAT WE HAD SHOWN PREVIOUSLY AS WELL.
HOW WIDE ARE THE ROADS? SORRY? HOW WIDE ARE THE ROADS? UH, THESE ARE ALL 24 FOOT WIDE.
UM, AND THEN, YEAH, 26 FOOT WIDE ALONG THIS WAY.
SO THIS WAS, UH, REVIEWED BY THE FIRE MARSHAL AND THAT, YOU KNOW, THIS, THIS TURNAROUND WAS ONE OF THE THINGS THAT WAS REQUESTED THAT I THINK YOU PROBABLY HAD NOT SEEN PREVIOUSLY.
AND HOW MANY PARKING SPACES PER UNIT ARE PROVIDED IN THE GARAGE AND THEN IN THE DRIVEWAY? SO THERE'S TWO SPACES PER UNIT.
SO FOUR SPACES PER BUILDING, AND THEN I, I FORGET THE NUMBER THAT WE LANDED ON FOR ALL OF THE VISITOR SPACES.
SO THERE'S TWO SPACES WITHIN THE GARAGE AND THEN TWO SPACES OUTSIDE, BUT TWO FOR THE TOP UNIT, TWO FOR THE BOTTOM UNIT, CORRECT? YEP.
AND THEN 50, EACH UNIT GETS TWO SPOTS, CORRECT? THAT'S CORRECT.
AND THEN THERE'S 51 ADDITIONAL SPACES BEYOND THAT.
SO YOU HAVE ANYBODY, THEY CAN'T PARK ON THE STREETS, CORRECT? THAT'S RIGHT.
AND THAT, AND THAT, THAT SORT OF ADJACENCY OF ALL THESE DRIVEWAYS FROM EACH OTHER IS, IS WHAT IS WHAT PRECIPITATES THE, THE WAIVER FOR THE TREES.
WE JUST HAVE THERE, THERE'S JUST NOT A SPACE TO PUT TREES HERE.
AND THAT'S WHAT MAKES YOU FEEL CLAUSTROPHOBIC TOO.
IT'S NOT LIKE CALM DOWN THIS WIDE STREET IF YOU'RE NARROW.
THAT'S WHAT THE WHOLE THING FEELS CLAUSTROPHOBIC TO ME.
ARE THERE LIKE PATIOS OR BALCONIES THEN ON THE BACKSIDE FOR EACH UNIT OR NOT ALONG THE BACKSIDE? THERE'S, UM, MOST LIKELY GONNA BE, UH, LIKE, YOU KNOW, UM, JULIA BALCONIES AND, AND DECKS AND THINGS LIKE THAT WITHIN THE BUILDING SPACE ITSELF.
UM, JUST ALSO ONE LAST THING ABOUT THE PARKING.
UH, YOU KNOW, ONE OF THE THINGS THAT, UH, THE BOARD HAD MENTIONED, UH, AT ONE OF THE PRESENTATIONS WAS JUST STILL HAVING SOME CONNECTIVITY TO DOWN HERE.
SO IF YOU, IF YOU PARK IN THIS AREA, IF YOU'RE GOING TO A NEW YEAR'S EVE PARTY, I THINK WAS THE, UH, WAS THE, UH, WHAT, WHAT SOMEBODY HAD MENTIONED, THERE IS WALKWAYS TO GET ALL THE WAY UP HERE.
SO THERE IS A PEDESTRIAN CONNECTION THAT RUNS THROUGH THE ENTIRE SITE BACK TO THESE TOWNHOUSES.
UM, I JUST WANTED TO POINT THAT OUT AS WELL.
IT WOULD RESIDENTS BE ABLE TO PARK IN THOSE PARKING SPACES WITH THE SHOPPING CENTER? YES.
OR WOULD THOSE BE EXCLUSIVELY FOR THE USE OF THE SHOPPING CENTER? NO, THE RESIDENTS CAN PARK, RESIDENTS WOULD BE ABLE TO PARK HERE.
UM, YOU KNOW, THAT YOU CAN, WE CAR WE PREVIOUSLY DIDN'T HAVE ANY PEDESTRIAN CONNECTION BETWEEN THESE TWO, SO WE'VE ADDED THAT AS WELL.
[01:15:01]
UM, I MEAN, ALLISON, IS THAT ALL RIGHT? ALLISON DOESN'T WANT TO DEAL WITH IT?YEAH, I MEAN, OBVIOUSLY LIKE I SAID BEFORE, WE, WE ULTIMATELY WANT TO BE AT A PLACE WHERE THE BOARD IS HAPPY WITH THE PLAN AND IMPROVES IT.
SO IF YOU ARE NOT COMFORTABLE WITH THAT TONIGHT, CERTAINLY WE PREFER THAT YOU TABLE IT THAN YOU KNOW, TO, TO THE NEXT MEETING.
SEEMS LIKE THAT MIGHT BE APPROPRIATE.
UM, CONSIDER AUTHORIZING THE SOLICITOR TO EXECUTE A STIPULATION TO SETTLE PERTAINING TO EACH OF THE FOLLOWING BOARD WITH ASSESSMENT APPEALS EXACT JUNE ONE.
SO WE RECEIVED, UM, THREE SETTLEMENT STIPULATIONS FROM TAX ASSESSMENT APPEALS.
UH, ALL, ALL THREE OF THEM INVOLVED FAIRLY LARGE AND RATHER EXPENSIVE PROPERTIES.
UH, IT APPEARS THAT THEY'VE BEEN IN SOME, THEY THEY'VE GONE TO THE BOARD OF ASSESSMENT APPEALS AND WERE APPEALED TO COURT.
UH, THE SCHOOL DISTRICT, UH, HAS NOW REACHED THESE STIPULATED SETTLEMENTS.
UM, THE TOWNSHIP TYPICALLY DOESN'T GET INVOLVED IN THIS TAX ASSESSMENT APPEALS JUST BECAUSE THE BULK OF THE FUNDS THAT ARE PAID IN TAXES GO TO THE SCHOOL DISTRICT RATHER THAN TOWNSHIP.
AND A LOT OF TIMES IT DOESN'T, UH, REALLY MAKE ECONOMIC SENSE FOR BOTH THE SCHOOL DISTRICT AND THE TOWNSHIP TO BE, UM, INVOLVED.
SO AT THIS POINT, UH, THESE ARE STIPULATIONS THAT HAVE BEEN SIGNED BY, UH, THE SCHOOL DISTRICT COUNCIL, THE, UH, PROPERTY OWNERS COUNCIL AND THE BOARD OF ASSESSMENT APPEALS.
UM, SO WE'RE JUST LOOKING FOR AUTHORIZATION TO, UH, SIGN THEM.
I CAN GIVE YOU SPECIFIC DETAILS ON 'EM IF YOU'D LIKE, BUT, UH, IF YOU HAVE ANY QUESTIONS, HAPPY ANSWER.
IS THERE A MOTION? ANY QUESTIONS? NO.
I'LL MAKE A MOTION TO AUTHORIZE THE SOLICITOR TO EXECUTE STIPULATION TO SETTLE PERTAINING TO EACH OF THE FOLLOWING BOARD OF ASSESSMENT APPEALS ACTIONS.
THIS COLLEGE WILL HOLDING LLC 400, 500 COLA ROAD COLLEGE FOR HOLDINGS, LLC 4 28 ARCOLA ROAD AND EXETER.
I'LL, UH, NEXT ITEM AGENDA, UM,
I MAKE A MOTION TO APPOINT LEE GOLD DESANTIS AS THE LARGE MEMBER OF THE ENVIRONMENTAL ADVISORY COUNCIL FOR THE TERM THAT EXPIRED IN DECEMBER, 2026.
UM, THIS IS REGARDING ORDINANCE 6 0 4 AND ENDING THE TOWNSHIP CODE CHAPTER 2 8 5 VEHICLES IN TRAFFIC SECTION 49 54 OF 2 84.
WAY STOP AT UPPER INDIANHEAD ROAD AND GREENHAM VALLEY DRIVE AND ADDING TO A NEW PARKING ZONE, UPPER HAND ROAD BETWEEN GREEN VALLEY DRIVE AND LAURA ROAD.
DO WE HAVE A MAP OF IT TO SHOW EXACTLY WHERE IT IS? OR I CAN PULL SOMETHING UP FOR YOU.
UM, THIS WAS BROUGHT UP TO BY THE TOWNSHIP ENGINEER.
SEI HAS COMPLETED ALL OF THEIR IMPROVEMENTS FOR THIS AREA AND IN POTENTIAL ENGINEERS OR MIKE COY FROM THAT OFFICE.
NOT JEN, NOT PUT HER ON THE SPOT.
UM, HE, THEY, HE HAD A CONVERSATION WITH THE, UH, I THINK, UM, SERGEANT RIO ABOUT ENFORCING THE STOP SIGN THAT'S THERE AND THE NO PARKING ZONE THAT'S THERE.
IT'S CURRENTLY NOT ON THE BOOKS.
AND TO BE ABLE TO WRITE A TICKET, WE HAVE TO PUT IT ON THE BOOKS.
THIS HAS ACTUALLY LED TO A LARGER DISCUSSION THAT WE NEED TO REALLY LOOK AT WHERE WE ARE WITH ALL OF OUR STOP SIGNS AND, AND NO PARKING ZONES.
SO THAT'S A, A FOR RESEARCH PROJECT, BUT WE'LL BE STARTING IN THE NEXT FEW WEEKS.
UM, BUT FOR NOW, WHAT WE WOULD LIKE TO ADD THIS, THIS AREA, UM, TO, TO BE ABLE TO ENFORCE, LEMME JUST PULL IT UP REAL QUICK ON GOOGLE MAP.
THIS IS DOWN NEAR THE, WHERE PEOPLE PARK TO GET ON THE TRAIL, ISN'T IT? YES.
THIS GOES BACK TO THE PROBLEM OF NOT HAVING ENOUGH SPOTS FOR PEOPLE TO CONNECT TO THE TRAIL
UM, WELL, AND JEFF, I KEEP ASKING YOU, AND YOU DON'T HAVE ANY CONTROL OVER THIS, BUT I WISH SEI WOULD ALLOW US TO HAVE ADDITIONAL SPOTS RIGHT THERE WHERE THEY USED TO BE.
I, I I, I AGREE WITH YOU, BUT AS,
[01:20:01]
AS I'VE SAID, BECAUSE, YOU KNOW, IT IS SORT OF THE CONFLUENCE OF A TRAIL, THE CURVE OF A ROAD WHERE SEI IS ALLOWED TO DEVELOP AT ANOTHER PARCEL, IT'S REALLY BECOME AN AD HOC SORT OF PARKING SPACE, PARKING AREA, ESPECIALLY DURING COVID WHEN THERE WAS NO PARKING FOR SEI WHERE THERE WAS NOBODY PARKING AT SEI.SO IT HAS, UM, I'M SORRY, I HAD IT ON THE WRONG SCREEN.
IT, IT IS THIS AREA RIGHT HERE.
UM, IT IS SOMETHING WE'RE LOOKING TO MOVE FORWARD WITH AND, AND TRY TO FIGURE SOMETHING OUT.
IT'S JUST NOT PART OF THIS QUESTION FOR YOU.
THIS QUESTION IS REALLY TO BE ABLE TO DEFEND OR TO, UM, ENFORCE THE STOP MOVEMENT AT UP HEAD ROAD IN FREEDOM VALLEY DRIVE, WHICH IS RIGHT THERE AND ADD A NEW PARKING ZONE ON UPPER, IN INDIAN HEAD ROAD BETWEEN FREEDOM VALLEY AND LOWER INDIAN HEAD.
THERE'S SORT OF AD HOC PARKING IN THERE THAT, THAT SHOULDN'T BE BECAUSE THERE'S A TRAIL, OR NOT A TRAIL, I'M SORRY, THERE'S PART OF A TRAIL IN THERE, BUT THERE'S ALSO A STREAM IN THERE.
AND SO TO ENFORCE THAT NO PARKING ZONE, WE NEED TO HAVE IT ON THE BOOKS.
WITHOUT THIS ORDINANCE, THE POLICE CAN'T WRITE TICKETS TO PEOPLE THAT RUN THAT STOP SIGN OR THE PARKING LOT THAT THIS ESSENTIALLY LAST THREE, IS THAT A SHOULDER HERE ON THE SIDE OF THE STREET? SO WE'RE TALKING ABOUT DOING IT, FREEDOM, FREEDOM VALLEY IS THE INTERNAL DRIVE TO SCI.
BUT WHERE'S THE UPPER INDIAN HEAD ROAD ON THE LEFT HAND SIDE? IS THAT LIKE A SHOULDER? IS THAT WHERE THEY'RE PARKING NOW? NO, IT'S BETWEEN THIS INTERSECTION GOING TO THE RIGHT OF WHAT YOU'RE LOOKING AT DOWN TOWARDS THE CREEK.
THEY'RE PARKING ALONG THERE BECAUSE THERE USED TO BE A LOT MORE PARKING SPOTS AND THEY, THEY'VE PUT A, UH, CHAIN UP AND STUFF.
I MEAN, I, I GUESS THEY'RE, IT'S THEIR PROPERTY.
IT WAS NEVER INTENDED TO BE PARKING SPOTS BECAUSE OF THEM NEGLECTING THIS PART OF THEIR PROPERTY FOR A LONG TIME.
AND ACTUALLY IT WAS PART OF IT ZONING ENFORCEMENT ACTION THAT I HAD TO TAKE AGAINST THEM BECAUSE THEY, THEY PUT A PIPE IN AND SOME PAVEMENT IN ACROSS THE STREAM WHERE THEY WEREN'T SUPPOSED TO.
THEY WENT TO THE ZONING HEARING BOARD, GOT THE RELIEF THEY NEEDED.
PART OF THAT IS THAT THIS WAS SUPPOSED TO JUST BE A TEMPORARY ACCESS POINT FOR WHEN THEY POURED THE CONCRETE FOR THE PARKING GARAGE.
THEY WERE SUPPOSED TO REMOVE ALL OF THAT ONCE THEY WERE DONE POURING THE PARKING GARAGE, THEY DIDN'T, WE HAD TO BRING ACTION AGAINST THEM.
THEY WENT TO THE ZONING HEARING BOARD, GOT RELIEF TO MAKE IT A FIRE LANE, NOT PUBLIC ACCESS WAY.
BUT UNFORTUNATELY DURING THAT TIME IT WAS UNCHANGED AND BECAME A PARKING AREA THAT IT SHOULDN'T HAVE.
UH, UH, UNFORTUNATELY, WE'RE DEALING SORT OF WITH A CONFLUENCE OF THE COUNTY AND PRIVATE LANDOWNERS AND WE DON'T CONTROL A LOT IN THIS AREA OTHER THAN OUR OWN RIGHT OF WAY.
A QUESTION, THIS LITTLE, LITTLE PAD AT THE TOP HOLDS THREE CARS.
AGAIN, THAT'S A PRIVATE, THAT'S PRIVATE PROPERTY.
IT'S OWNED BY AUDUBON LAND DEVELOPMENT.
THEY NEGOTIATED THAT AS PART OF THE TRAIL, UM, THAT WE PUT THROUGH THERE TO CONNECT THE TRAIL FROM UP, FROM THE PERKIOMEN OUT TO SEI, UM, THAT HAD TO CROSS AUDUBON LAND DEVELOPMENT.
THEY NEGOTIATED THAT PRIVATELY WITH SEI AND PUT IN THIS, ESSENTIALLY IT'S A DRIVEWAY APRON FOR FUTURE ACCESS TO THEIR PARCEL.
I DON'T KNOW IF THEY, HONESTLY, THEY CAN'T REALLY BUILD MUCH THERE BECAUSE IT'S ALL IN THE FLOOD PLAIN.
THEY DON'T ANTICIPATE BUILDING MUCH THERE ANY EITHER.
BUT OTT ONLINE DEVELOPMENT BEING WHO THEY ARE ALWAYS SORT OF, OR ABOUT A STEP OR TWO AHEAD.
AND SO THEY HAVE THIS DRIVEWAY, THEY, THEY'VE ADMITTED, WE DON'T KNOW IF WE'LL EVER USE IT, BUT THEY GOT SOMEONE ELSE TO PUT IT IN FOR THEM AND PAY FOR IT.
SO, UM, JUST THIS MIGHT NOT BE A BAD PARCEL OF LAND TO EVER PURCHASE THE DEVELOPMENT RIGHTS IF WE EVER HAVE THE MONEY.
I MEAN, WHAT COULD THEY DO WITH IT? IT'S IN FLOOD POINT, VERY LITTLE AND, AND WE HAVE HAD DISCUSSIONS ABOUT IT, NICE TO HAVE IT AS OPEN SPACE.
WE HAVE HAD DISCUSSIONS WITH THEM ABOUT IT AS, AS OPEN SPACE OR A PARKING LOT OR SOMETHING TO THAT EFFECT.
IT'S NEVER REALLY GOTTEN VERY FAR FOR WHATEVER REASON.
I, I, I CAN'T REALLY SPEAK TO THE REASONS, BUT YOU KNOW, IT HASN'T MADE IT VERY FAR AND WITH ANYTHING ELSE, OT LAND DEVELOPMENT DOES, AND I'M NOT SAYING THIS TO BE INSULTING, THEY'RE GREAT HORSE TRADERS.
SO IF WE HAVE SOMETHING ELSE THEY WANT, THIS MIGHT BE PART OF THAT DISCUSSION.
IS THERE A MOTION? ALL RIGHT, I'LL MAKE A MOTION.
I'LL MAKE A MOTION TO ENACT OREGON
[01:25:01]
SIX 14 AMENDING TOWNSHIP CODE CHAPTER 2 8 5 VEHICLES AND TRAFFIC SECTIONS 49 AND 54 TO ADD A FOUR-WAY STOP TO, UH, UPPER INDIAN HEAD ROAD IN FREEDOM VALLEY DRIVE AND ADDING A NO PART ZONE ON UPPER INDIAN HEAD ROAD BETWEEN FREEDOM VALLEY DRIVE AND LOWER INDIAN HEAD ROAD.OKAY, NUMBER 11, RESOLUTION CHARGE 25 29.
MR. START ADOPTING THIS TO AUTHORIZE THE FILING OF A GRANT REQUEST WITH THE COMMONWEALTH FINANCING AUTHORITY MULTIMODAL TRANSPORTATION FUND FOR THE BRIDGE REPLACEMENT IN THE ROUNDABOUT PROJECT AT DR.
I CAN NEVER SAY THAT LORI'S HERE, SHE USUALLY TELLS LORI DIGGINS.
UM, DR. KELLY, THIS IS ANOTHER, UM, WE, WE'VE BEEN PUTTING IN FOR THE MAXIMUM GRANT THROUGH THE MTF AND THIS, WE'RE DOING A, WE'RE DOING SOME GRANT STACKING WITH SOME OF OUR OTHER CFA GRANTS AND MTF GRANTS AND WITH PENDOT TIP MONIES, WE'RE, WE'RE, WE'RE SLOWLY GETTING THE GRANT PROJECT PIE TOGETHER SO WE CAN MOVE FORWARD ON THE ROUTE ONE 13 AND THE, UH, ROUNDABOUT PROJECT NEAR PARK HOUSE.
SO IT'S COMING TOGETHER, BUT WE'RE TRYING TO GO AFTER EACH FUNDING GRANT.
WE DID GET THE MAXIMUM GRANT LAST TIME.
I'M NOT GOING TO PROMISE THAT WE GET THE MAXIMUM THIS TIME, BUT ANY LITTLE BIT HELPS.
IS THERE A MOTION I MAKE A MOTION TO ADOPT RESOLUTION 20 25 29 AUTHORIZING THE FILING OF THE GRANT REQUEST WITH A COMMONWEALTH MULTIMODAL TRANSPORTATION FUND FOR THE BRIDGE REPLACEMENT AND ROUNDABOUT PROJECT AT
[MANAGER AND DEPARTMENT HEAD REPORTS ]
TO MANAGER AND DEPARTMENT HEAD REPORTS.UM, UPDATE FROM THE FINANCE DEPARTMENT ON THE SECOND CORNER FINANCIAL REPORT.
JODY
SO, UM, IF WE COULD START, JEFF.
SO WE ARE TYPICALLY, UM, GOING TO BE PRODUCING OUR QUARTERLY HIGHLIGHTS.
UM, FIRST QUARTER WAS A FILLING OUT PERIOD, REVENUES AND EXPENSES WERE INCONSISTENT.
THAT'S COMMONPLACE BECAUSE, UM, THE REAL ESTATE PROPERTY TAXES DON'T COME IN UNTIL, UM, MARCH AND APRIL AND THEN THROUGH JUNE.
SO PROPERTY TAXES WAS, WERE SENT, EXCUSE ME, SENT OUT IN MARCH.
WE'VE COLLECTED 97% DURING THE SECOND QUARTER.
OUR EIT COLLECTIONS ARE ON PACE FOR THE BUDGET AS OF JUNE 30TH.
OVERALL, THE GENERAL FUND IS APPROACHING 15 MILLION IN REVENUES FOR THE, UH, FIRST TWO QUARTERS.
AND INTEREST INCOME IS OUTPERFORMING THE BUDGET AS THE FEDERAL RESERVE HAVE NOT RAISED INTEREST RATES THIS YEAR.
SO I'M USING THE, UM, STACK CHART HERE ON THE LEFT IS THE REVENUES ON THE RIGHT OF EXPENSES.
THE GENERAL FUND, UM, IS AS I SAID, CLOSE TO 15 MILLION BETWEEN THE FIRST AND SECOND QUARTERS.
THE REMAINING BALANCE TO PRODUCE OUR REVENUE, UM, GOAL IS JUST OVER $8 MILLION, WHICH EQUATES TO 36%.
ON THE EXPENSE SIDE, THE EXPENSES ARE JUST OVER, UM, $10 MILLION AND THEIR REMAINING EXPENSES ARE 13 MILLION, WHICH EQUATES TO APPROXIMATELY 56%.
UM, WE RECEIVED THE, THE GRANT MONEY AND IT'S STILL, IT'S COMPLETELY, UM, ROAD PROJECT A IS COMPLETE AND THIS IS WHERE THE LIQUID FUELS MONEY IS, UM, EXPENDED.
UM, HOWEVER, THE CONTRACTOR, GMB HASN'T QUITE, UH, REMITTED THE INVOICES YET, SO WE'RE STILL WAITING ON THAT.
AND, UM, YOU KNOW, IT'S, IT'S GONNA BE A FINAL CONTRACTUAL OBLIGATION.
UM, WE HAD, UH, 12% IN THE FIRST QUARTER AND THEN
[01:30:01]
2% IN THE SECOND QUARTER ON THE REVENUE SIDE.SO WE STILL HAVE, UH, WAYS TO GO ON THAT.
UM, TYPICALLY WE GET GRANTS THAT COME IN THAT WAY.
UM, BUT IT'S NOT, UH, IT'S NOT CONSISTENT.
IT'S HIT OR NOT HIT OR MISS, BUT IT, IT, WE DON'T ALWAYS KNOW EXACTLY WHEN THE GRANTS ARE COMING IN.
ON THE EXPENSE SIDE, WE HAVE, UM, APPROXIMATELY 400,000, UM, BETWEEN FIRST AND SECOND QUARTER WE STILL HAVE SOME ROOM, UM, FOR PROJECTS TO BE PAID OUT.
SO THE REMAINDER IS 1.2 MILLION, WHICH IS APPROXIMATELY 74%.
UM, IT'S UH, IT'S TYPICALLY NOT EXACTLY FOUR QUARTERS BECAUSE OF THE WAY WE BILL SEMI-ANNUALLY, UM, OR I GUESS BI-ANNUALLY THEY CALL IT.
UH, SO FIRST QUARTER WAS, UM, JUST REALLY THE REMAINDERS FROM, UH, THE, THE, UM, EXCUSE ME, THE, UH, THE PRIOR REVENUES COMING IN AND THEN 34% IS THE, UH, SECOND QUARTER, WHICH IS 1.3 MILLION.
SO THE TOTAL IS, UM, ABOUT 2 MILLION AND WE'RE HOPING TO GET, UH, TO THE THREE AND A HALF MILLION I THINK IS OUR, OR 3.3 0.8 60 IS THE GOAL.
SO WE'RE, WE'RE HALFWAY THERE AND WE, THERE'S NO REASON WE SHOULD NOT, UH, REACH THAT GOAL.
ON THE EXPENSE SIDE, UH, IT'S SIMILAR AND, UM, WOW, IT'S ABOUT, UH, 57% IS THE REMAINDER FROM THAT.
SO WE, UM, WE'RE, WE'RE CONSERVING, YOU KNOW, OUR FUNDS ON THE EXPENSE SIDE AS MUCH AS POSSIBLE.
THE CAPITAL EXPENDITURE FUND, UM, FIRST QUARTER WAS, UH, $386,000.
SO COMBINED IT'S, IT'S ABOUT, UH, IT 12% AND THERE'S STILL WAYS TO GO ON THAT.
ON THE EXPENSE SIDE, IT IS, UH, WE, WE'VE EXPENDED ABOUT 45% AND WE, UM, WE STILL HAVE, YOU KNOW, 55% TO GO ON THAT.
AND AGAIN, SOME OF THE PROJECTS, YOU KNOW, THEY RELY ON GRANTS AND DEADLINES AND THINGS LIKE THAT.
WE'VE HAD PROJECTS THAT WERE, UM, YOU KNOW, TABLED FOR ANOTHER YEAR, THAT KIND OF THING.
SO, UM, YOU KNOW, IT'S, IT'S, IT'S A VARIABLE.
SEWER CAPITAL FUND IS, IS STRICTLY, UM, YOU KNOW, MOSTLY IT'S INTEREST INCOME AND MINOR LIKE REPAIR WORK.
BUT, UH, IT'S, IT'S TYPICALLY THERE FOR MAJOR REPAIR WORK.
AND WE HAVE SOME MAJOR PROJECTS COMING UP.
I'M NOT SURE EXACTLY WHEN, UM, WHEN THAT WE'RE GONNA START THOSE.
I KNOW THERE'S BEEN SOME, UH, A LOT OF TALK ABOUT DIFFERENT, UM, THAT, UH, WHAT WAS THE ONE REPLACE LINER PROJECT? THE LINER PROJECT, YEAH.
SO IS IS THAT, UM, HAS THAT STARTED YET? IT IS NOT STARTED YET.
SO YEAH, WE HAVEN'T EXPENDED MUCH AT ALL FOR THAT.
AND, UM, I THINK THAT'S THE LAST SLIDE.
ANY QUESTIONS FOR THE BOARD OR, OKAY.
[CONSULTANT REPORTS ]
REPORTS.UM, ARE THERE ANY UPDATES FOR ENGINEERING CAPITAL PROJECT? UH, WORKING, WORKING ON CLOSING OUT THE ANDERSON FARM LOOP TRAIL PROJECT AND KEOKUK, IT'S REALLY PAPERWORK AT THIS POINT FOR BOTH OF THOSE AND THE ROAD C PROJECT HAS STARTED.
AND WHAT IS THE ROAD? THE LOOP ANDERSON, IF THAT'S ONE OF THE ONES WE'RE CLOSING OUT? YEP.
SO THEY'RE JUST FILING THE PAPERWORK FOR PAYMENT.
AND THEN 14 IS THERE APPROVING THE MONTHLY DEVELOPER IMPROVEMENT GUARANTEE REDUCTION LIST.
WE'RE STILL, I KNOW I'LL MAKE A MOTION TO APPROVE THE MONTHLY DEVELOPER APPROVE THE GUARANTEE
[01:35:01]
REDUCTION LIST AS FOLLOWS.RIDGEWOOD PHASE TWO A RELEASE NUMBER $25,242 50 CENTS RIDGEWOOD, PHASE TWO B, RELEASE NUMBER 12 $12,272 AND 50 CENTS AND 13,000, SORRY, WHICH WOULD PHASE TWO C, RELEASE NUMBER 10 $38,685.
[SOLICITOR REPORT ]
THERE ANYUH, I WORK WITH CHIEF
UH, THAT'S STILL JUST IN BEING DRAFTED, BUT WE'VE BEEN WORKING TOGETHER ON THAT.
UH, AND THEN WE WERE WORKING ON A SAFETY INSPECTION, UH, PROGRAM ORDINANCE OF SOME SORT.
SO AGAIN, THAT'S JUST KIND OF IN THE DRAFT, THE INITIAL STAGES OF BEING DEVELOPED, BUT HOPEFULLY YOU'LL SEE SOMETHING UH, IN THE FUTURE.
AND THEN I'LL GO THROUGH UPCOMING
[UPCOMING EVENTS ]
EVENTS.UH, THE NEXT BOARD SUPERVISOR MEETING IS SCHEDULED FOR AUGUST 18TH AT 7:00 PM AND THEN SEPTEMBER 15TH AT 7:00 PM THE PLANNING COMMISSION MEETING SCHEDULE AUGUST 6TH AT 7:00 PM THE AGENDA ITEMS ARE COLLEGE BUILD, MULTI-FAMILY DEVELOPMENT, PRELIMINARY PLAN, AND LEN MILLENNIAL ESTATES MILLENNIUM ESTATES, UH, SIX 50 EGYPT ROAD.
PRELIMINARY PLAN, AUGUST 20TH, S 7:00 PM AGENDA, TBD.
THE EAC MEETS ON SEPTEMBER 17TH AT 6:00 PM THE PARKS NEW REC MEETING IS CANCELED FOR AUGUST.
THE NEXT ONE WILL BE SEPTEMBER 10TH AT 6:00 PM THE MISSILE AUTHORITY MEETING WILL BE AUGUST 7TH AT 7:00 PM AND THE ZONING HEARING BOARD HAS A MEETING SCHEDULED, UM, OR TO BE SCHEDULED, UM, FOR, UM, APPLICATION 25 0 9 MOSQUE PROPERTY PROPOSED TRANSFER DEVELOPMENT RIGHTS.
UM, AND I WILL LOOK FOR A MOTION TO ADJOURN.