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[CALL TO ORDER]

[00:00:08]

I AM WHICH STANDS NATION UNDER GOD IN INDIVIDUAL WITH LIBERTY AND JUSTICE FOR ALL.

[MOTION TO APPROVE BOARD AGENDA]

OKAY.

UM, SO I HAVE A MOTION TO APPROVE THE AGENDA TONIGHT.

I'LL MAKE A MOTION TO APPROVE THE JULY 20TH, 2026 BOARD OF SUPERVISOR'S REGULAR MEETING AGENDA.

I SECOND THAT.

ALL THOSE IN FAVOR? A MOTION PASSES.

UM,

[SPECIAL PRESENTATION]

TODAY WE HAVE A SPECIAL PRESENTATION.

UM, RICH ER, UH, SENIOR VICE PRESIDENT OF CS INVESTMENT ADVISORY SERVICES WILL GIVE AN UPDATE ON THE TOWNSHIP UNIFORM AND NON-UNIFORM PENSION PLANS.

GREAT.

THANK YOU ALL SO MUCH.

GOOD EVENING.

I KNOW EVERYBODY'S HERE TO LEARN ABOUT THE PENSION PLAN, SO, UH, AND I HAVE A PACKED SCHEDULE, SO I'LL JUST TAKE A COUPLE MINUTES OF YOUR TIME HERE.

SO, UH, AGAIN, I'M RICH RITLER, SENIOR VICE PRESIDENT WITH CBI INVESTMENT ADVISORY SERVICES.

OUR OFFICE IS LOCATED OVER IN DELAWARE COUNTY AND MEDIA.

I WILL SAY THIS, THAT YOU GUYS ARE MY FAVORITE CLIENT 'CAUSE I'M RIGHT DOWN THE STREET IN PHOENIXVILLE, SO THIS IS ALWAYS THE EASIEST MEETING FOR ME.

SO, UM, AND WE'VE BEEN DOING THIS SINCE THE EARLY NINETIES.

AGAIN, JUST TO GIVE EVERYBODY A LITTLE BIT OF A REFRESHER OF WHO WE ARE, IF YOU COULD JUST JUMP TO THE NEXT SLIDE.

YOU, BRIAN, UM, OR THE PREVIOUS COUPLE SLIDES.

I THINK IT'S JUST KIND OF BOUNCING AROUND THERE.

OR IS IT JUST GOING TO THAT ONE? THAT'S ALL I GOT.

OH, OKAY.

I GUESS IT WASN'T UPLOADED.

UM, SO JUST TO GIVE YOU A LITTLE RECAP, UM, REALLY WE'RE IN THE MUNICIPAL BUSINESS.

WE'VE HAD THE PRIVILEGE OF WORKING WITH THE TOWNSHIP FOR ALMOST A DECADE NOW, WHICH IS PRETTY NEAT.

WE'RE COMING UP ON 10 YEARS IN SEPTEMBER.

AND REALLY WHAT WE DO IS WE MANAGE OVER $2 BILLION, SPECIFICALLY PENNSYLVANIA MUNICIPAL BUSINESS.

UM, THIS STATE IS DIFFERENT THAN EVERY OTHER STATE IN THE, IN THE COUNTRY.

WE HAVE MORE PENSION PLANS IN PENNSYLVANIA THAN THE REST OF THE COUNTRY COMBINED, BUT NOBODY KNEW THAT.

IT'S KIND OF CRAZY.

WE GOT 3,500 PENSION PLANS IN THE STATE.

SO WE MANAGE ABOUT 140 OF THOSE.

UM, WE ALSO MANAGE THE, THE 401K TYPE STYLE PLANS THAT YOUR EMPLOYEES WERE ABLE TO CONTRIBUTE TO.

I WAS JUST HERE A WEEK AND A HALF AGO MEETING WITH THE EMPLOYEES ONE-ON-ONE, WHICH IS EVEN MORE IMPORTANT BECAUSE THEY'RE PUTTING THEIR HARD EARNED DOLLARS INTO, INTO THESE PLANS, JUST LIKE YOU ALL MIGHT HAVE A 401K IN THE PRIVATE SECTOR.

SO, UM, THE BEAUTY OF OUR PROCESS TOO IS, IS WE ARE AN INDEPENDENT FIRM.

YOU'LL SEE WE USE A LOT OF VANGUARD, A LOT OF LOW COST EFFICIENT VEHICLES BECAUSE WE FEEL THAT'S THE BEST PROCESS FOR OUR CLIENTS.

IF WE FELT THERE WAS A BETTER OPTION, WE'D USE THAT.

WE ALWAYS SAY IF, IF WE FIND A MORE EFFICIENT WAY, WE WOULD, WE WOULD DO IT.

UM, SO IT'S JUST IMPORTANT TO KNOW EVERY TIME WE'RE MEETING WITH YOU, WE'RE ALWAYS WORKING THE BEST INTEREST OF THE PLAN.

IF THE EMPLOYEES WE'RE NOT TRYING TO PUSH PRODUCTS OR ANYTHING TO KIND OF MAKE A COMMISSION CHECK, THAT'S, WE'RE REALLY HERE TO FULFILL THAT FIDUCIARY RESPONSIBILITY.

UM, AND, AND IT IS JUST, AGAIN, THAT'S THE BUSINESS WE'RE IN.

SO, UM, TO GIVE YOU A LITTLE BIT OF A SNAPSHOT HERE AS WE KIND OF MOVE INTO THE PRESENTATION, I WANTED TO GIVE EVERYBODY A LITTLE BIT OF AN UPDATE OF WHAT WE'VE SEEN SO FAR IN, IN 2026.

SO WHAT I'M GONNA PROVIDE ARE THE NUMBERS FROM ONE ONE THROUGH SIX 30, SO THE FIRST HALF OF THE YEAR.

AND BEFORE WE JUMP INTO THE NUMBERS, IT'S ALWAYS GOOD TO GIVE YOU JUST A LITTLE BIT OF A BASE SO THAT WE HAVE A GOOD UNDERSTANDING OF REALLY WHAT WE'RE GONNA BE TALKING ABOUT.

SO AGAIN, WE DO THE INVESTMENT ADVISORY PORTION OF IT.

WE ALSO HANDLE THE PENSION PAYMENTS FOR YOUR RETIREES, FOR THE FOLKS THAT HAVE WORKED AND, AND EARNED THAT BENEFIT.

UM, SO WE ALSO INTERACT WITH THE RETIREES AS WELL.

THEY CAN CALL A SIX ONE ZERO NUMBER.

SOMEBODY'S GONNA HELP 'EM RIGHT AWAY, WHICH IS HARD TO GET THESE DAYS.

SO WE'RE VERY PROUD OF THAT.

UM, AND WE'VE KIND OF BUILT THAT TURNKEY PLATFORM.

UM, AND WE WORK VERY CLOSELY WITH YOUR ACTUARIES.

SO JOE DUDA DOES THE ACTUARIAL WORK FOR YOUR POLICE PENSION PLAN.

AND THEN ACRISURE FORMALLY MOCK AND HOP DOES THE ACTUARIAL WORK, UH, FOR THE FIRE AND NON-UNIFORM PLAN.

AND REALLY WHAT THE ACTUARIAL WORK DOES IS IT SHOWS YOU HOW WELL THE PLANS ARE FUNDED, MEANING THE PERCENTAGE FUNDED, AND WHAT'S THAT CHECK WE'RE GONNA HAVE TO WRITE COME BUDGET TIME, WHICH IS CALLED YOUR MMO OR YOUR MINIMUM MUNICIPAL OBLIGATION.

AND EVERY TWO YEARS WE TAKE A SNAPSHOT OR THE ACTUARY TAKES A SNAPSHOT OF THE PENSION PLAN.

UM, SO WE JUST FINISHED THIS LAST PLAN AS WE WORKED WITH JOE DUDA.

WE HAD A MEETING ON THE POLICE SIDE, UH, THAT WAS BASED ON 2023 AND 2024 RETURNS.

SO WE'RE ALMOST THROUGH THIS NEXT VALUATION PERIOD, WHICH IS GONNA GIVE US A SNAPSHOT INTO THE PLANS.

UM, AND REALLY OUR BOGEY, UM, WE'RE TRYING TO HIT A RATE OF RETURN THAT THE ACTUARY IS USING.

SO WHAT I MEAN BY THAT IS THE ACTUARY SAYS, HEY, BASED ON HOW LONG WE EXPECT PEOPLE TO LIVE, BECAUSE IT'S A LIFETIME BENEFIT, RIGHT? WE HAVE TO HAVE SOME KIND OF ASSUMPTION, A MORTALITY ASSUMPTION, WHICH IS A LITTLE MORBID, YOU KNOW, UM, AND THEY HAVE TO ASSUME COST OF BENEFITS, WAGE INCREASES, AND THEY HAVE TO ASSUME THAT THE PENSION PLANS ACTUALLY EARN SOMETHING AND WE'RE NOT JUST SITTING THERE MAKING NOTHING.

AND THAT'S CALLED THE ASSUMED INTEREST RATE.

AND THAT'S WHERE REALLY WHERE WE COME IN ON THE INVESTMENT SIDE, BECAUSE WE HAVE TO TAILOR THE RISK OF THE PORTFOLIO TO ALIGN WITH WHAT YOUR ACTUARIES ASSUMING IT'S GOING TO GROW BY OVER TIME.

SO REAL QUICK, THE FIRE AND NON UNIFORM, THEY'RE USING A 6.75%

[00:05:01]

RATE OF RETURN.

THAT'S WHAT THEY'RE ASSUMING THE PLAN'S GONNA GROW BY.

AND THEN THE POLICE, THEY'RE USING A 7% RETURN.

SO WHY THAT'S IMPORTANT, I'LL SHOW YOU IN JUST A SECOND.

SO REAL QUICK, WHAT WE'RE TALKING ABOUT IN THE FIRST HALF OF 2026, A LOT HAPPENED ALREADY IN JUST THE SIX MONTHS.

THE FIRST SIX MONTHS FELT LIKE SIX YEARS, EVERYTHING THAT'S GOING ON.

AND WE'RE STARTING TO KIND OF REOPEN SOME OF THOSE WOUNDS THAT WERE OPENED IN IN FEBRUARY, JUST IN THE LAST COUPLE OF DAYS WITH SOME OF THE GEOPOLITICAL RISKS THAT WE'RE SEEING OVERSEAS.

UH, BUT AT THE END OF THE DAY, THE MARKETS HAVE CONTINUED TO BE VERY RESILIENT GIVEN WE'RE ALL SEEING IT AT THE PUMP, RIGHT? I'M GOING TO BJ'S AND COSTCO AS MUCH AS I CAN TO GET GAS AND, AND TO WAWA AND SOME OF THESE OTHER PLACES, AND IT'S STILL HITTING US.

AND, BUT THE MARKETS HAVE KIND OF GROWN A LITTLE BIT IMMUNE TO THAT OVER THE LAST COUPLE OF MONTHS.

AND WE'RE STARTING TO SEE AI, UM, NOT JUST BE THE ONLY DRIVER OF THE STOCK MARKET.

THE LAST COUPLE OF YEARS, AI STOCKS HAVE REALLY BEEN THE DRIVER OF THE STOCK MARKET, BUT NOW WE'RE STARTING TO SEE THE REST OF THE INDUSTRIES START TO PARTICIPATE, WHICH IS VERY, VERY HEALTHY.

SO A LOT OF PEOPLE ARE PROBABLY THINKING, HEY, THE MARKETS JUST KEEP GOING UP AND UP AND UP.

THEY GOTTA BE EXPENSIVE.

BUT THE EARNINGS THAT ARE COMING OUT FROM COMPANIES ARE ABLE TO SUPPORT THAT.

COMPANIES ARE STILL EARNING MONEY, THEY'RE STILL LOOKING VERY, VERY VALUABLE IN LIGHT OF EVERYTHING THAT'S GOING ON.

UM, SO I THINK THE BIG KEY TREND FOR THE FIRST HALF OF 2026, UH, IS RESILIENCE.

AND WE'RE, WE'RE STARTING TO SEE A LITTLE BIT MORE VOLATILITY PICK UP HERE IN THE SECOND HALF OF THE YEAR.

BUT, UM, I'M HERE WITH GOOD NEWS TONIGHT.

SO LET'S JUST START WITH THAT.

SO IF YOU CAN GO TO THE NEXT SLIDE FOR ME, JUST SO WE CAN TAKE A SNAPSHOT OF THE POLICE PENSION PLAN.

SO IT MIGHT BE A LITTLE BIT HARD TO SEE THERE, BUT WHAT I'M SHOWING YOU NOW ARE THE INDIVIDUAL POSITIONS FOR THE POLICE PENSION PLAN.

AND THE WAY WE DO IT IS, YOU'LL SEE A LOT OF IT IS VANGUARD.

SO WE'RE TRYING TO BASICALLY OWN ALL THE STOCKS ACROSS THE GLOBE AT THE CHEAPEST PRICE WE POSSIBLY CAN.

AND THE BEAUTY OF THAT APPROACH IS WE TAKE HUMAN EMOTION OUT OF IT.

AND THE SAME THING WE TEACH OUR EMPLOYEES WHEN THEY PUT THEIR MONEY INTO THEIR 401K TYPE STYLE PLANS AND EVERYBODY IN THIS ROOM WHO HAS AN INVESTMENT, IT'S, IT'S IMPORTANT TO NOT MAKE KNEE JERK REACTIONS IN TIMES OF HEIGHTENED MARKET VOLATILITY OR HEIGHTENED MARKET TURBULENCE.

UM, SO WHAT WE SAW IN THE BEGINNING OF THE YEAR WITH THE IRAN SITUATION WHERE THE MARKET STARTED TO GET A LITTLE WOBBLY, UM, YOU KNOW, WE DID THE OPPOSITE OF WHAT MOST PEOPLE DO.

AND I'LL EXPLAIN THAT IN JUST A SECOND AND HOW THAT BENEFITED THE PLAN.

BUT WHAT YOU CAN SEE HERE IS THE POLICE PENSION PLAN.

IT HAS A RISK LEVEL OF 70% OF OF THE MONEY'S INVESTED IN STOCKS AND WE'RE TALKING ALMOST 6,000 STOCKS ACROSS THE GLOBE.

AND THAT 30% IS INVESTED IN BONDS.

THINK OF THAT LIKE YOUR CUSHION, LIKE YOUR, YOUR BALLAST.

IT'S THERE TO HELP WEATHER THE STORM WHEN THE MARKET IS BEING A LITTLE BIT MORE TURBULENT.

AND WE DO HAVE AN ALLOCATION TO CASH, WHICH AGAIN, WE PAY YOUR PENSIONERS FOLKS WHO ARE RETIRED.

SO WE NEED TO HAVE THAT CASH AVAILABLE TO PAY THOSE FOLKS.

AND AS YOU CAN SEE HERE, I THINK WHAT REALLY SHOWS WHY THE MARKET'S BEEN RESILIENT, IF YOU SEE THE VANGUARD SMALL CAP ETF, THAT'S UP ALMOST 20% IN THE FIRST HALF OF THE YEAR.

WHY THAT'S IMPORTANT.

SMALL COMPANIES OF THE BACKBONE OF THIS COUNTRY AND EVEN IN HEIGHTENED INTEREST RATE ENVIRONMENTS, NORMALLY SMALL COMPANIES DON'T FARE SO WELL, BUT THEY HAVE FARED VERY WELL IN THE BEGINNING OF THE YEAR.

AND I THINK THAT THAT'S A TESTAMENT TO WHAT WE'VE BEEN ABLE TO DO THIS YEAR, UH, FROM A COUNTRY STANDPOINT.

UM, AND THE EARNINGS CAN CONTINUE TO SUPPORT THAT.

SO IF YOU CAN GO TO THE NEXT SLIDE.

HERE'S THE ACTUAL RETURN FOR THE POLICE PENSION PLAN.

AND WHAT WE'RE LOOKING AT SPECIFICALLY IS THE YEAR TO DATE COLUMN.

SO 1, 1 20 26, UH, THE PLAN STARTED OUT JUST OVER 23 MILLION, 23.3 MILLION.

WHAT YOU SEE NET EDITIONS, NEGATIVE 1 0 5, 4 69.

AND WHY THAT'S NEGATIVE NET EDITIONS IS SIMPLY THE DIFFERENCE BETWEEN MONEY GOING INTO THE PLAN AND MONEY GOING OUT TO PAY YOUR RETIREES.

UM, AND A LOT OF THE MONEY GOES INTO THE PLAN LATER IN THE YEAR WHEN YOU, WHEN YOU, UM, SATISFY YOUR, YOUR MUNICIPAL OBLIGATION OF TO, TO FUND THE PLAN.

SO AS YOU CAN SEE IN 2025, IT WAS ACTUALLY POSITIVE, WHICH IS A VERY HEALTHY THING.

UH, SO WE ENDED THE FIRST HALF OF THE YEAR, YEAR TO DATE, UH, WE HAD A POSITIVE GAIN OF A LITTLE OVER $2 MILLION.

AND WE ENDED SIX 30 AT 25,271,000.

WE HAD A POSITIVE RETURN FOR THE FIRST HALF OF THE YEAR AT 8.83%.

REMEMBER I TOLD YOU EARLIER, OUR BOGEY THAT YOUR ACTUARY IS USING IS 7%.

SO WE'RE WELL ABOVE THAT, AT LEAST FOR THE FIRST HALF OF THE YEAR.

WE'RE ALMOST THROUGH THIS NEXT VALUATION PERIOD.

GONNA KNOCK ON WOOD, I I WISH I COULD END THE MARKETS TODAY 'CAUSE WE WOULD HAVE ANOTHER GOOD VALUATION, BUT OBVIOUSLY WE DON'T HAVE CONTROL OVER THAT.

BUT WHAT ALSO IS TAKEN INTO CONSIDERATION FOR THE VALUATION PERIOD IS 2025.

SO IF YOU LOOK AT 2025, WHICH IS THE NEXT COLUMN, THE PLAN WAS UP 17%.

SO AGAIN, WE'RE TRYING TO HIT 7% AND 7% TOGETHER IS 14% IN TWO YEARS AS OF JUNE 30TH.

AND WE'RE ALREADY UP, UH, WHAT IS THAT TO ABOUT 25%.

SO WE'RE WELL ABOVE OUR EXPECTATION.

SO WE'RE HOPING WE CAN KIND OF RIDE THIS OUT AND, AND HAVE ANOTHER GOOD VALUATION PERIOD.

SO WE ARE WELL ABOVE THE EXPECTATIONS OF WHAT WE'RE TRYING TO HIT.

AND THEN SINCE WE'VE HAD THE PRIVILEGE TO WORK WITH THE TOWNSHIP BACK IN 2016, WE'VE AVERAGED ABOUT 9.5% SINCE THEN, AGAIN, WELL ABOVE OUR TARGET OF 7%, WHICH HAS HELPED WITH THE FUNDED STATUS OF THE PLAN.

UM, AND IT, AND IT REMAINS IN GOOD STANDING RELATIVE TO A LOT OF OTHER POLICE PENSIONS ACROSS THE STATE.

SO, UH, IF YOU CAN GO TO THE NEXT SLIDE, NON-UNIFORM PENSION, VERY, VERY SIMILAR.

SO ALL THREE PLANS ACTUALLY HAVE AN ALMOST IDENTICAL STRATEGY BECAUSE THE, THE INTRICACIES OF THE WAY THE PLANS ARE STRUCTURED ARE ACTUALLY VERY SIMILAR, BELIEVE IT OR NOT.

SO THE

[00:10:01]

NON-UNIFORM PENSION PLAN IS GONNA LOOK VERY SIMILAR.

SO IF YOU COULD JUST GO TO THE NEXT SLIDE AGAIN, UM, AND FIREFIGHTERS PLAN AS WELL.

I GUESS IF YOU GO TO THE NEXT SLIDE FOR THERE WE GO.

UH, FIREFIGHTERS PLAN, THE RETURNS ARE ALSO GONNA BE VERY SIMILAR TO POLICE.

AGAIN, THE NUMBERS MIGHT BE SKEWED A LITTLE BIT JUST BECAUSE OF CASH FLOW COMING IN AND OUT THAT SOMETIMES THAT CHANGES THINGS.

YEAR TO DATE, FIRE PLAN IS UP 8.82%, 2025, AGAIN UP ABOUT 17.

AGAIN, THAT MIGHT CHANGE BECAUSE OF CASH FLOW.

UM, ALL IN ALL REALLY, REALLY GOOD THINGS THAT WE'VE SEEN SO FAR IN THE FIRST HALF OF THE YEAR, UM, WITH BONDS NOT REALLY GIVING US A WHOLE LOT, BUT THE STOCK MARKET HAS CONTINUED TO REALLY BE THAT ENGINE FOR US.

UM, SO IF YOU CAN GO TO THE NEXT SLIDE, WHAT I'D LIKE TO SHOW FOLKS REAL QUICKLY IS HOW WE TAKE ADVANTAGE OF VOLATILITY IN THE STOCK MARKET.

SO AGAIN, THIS IS A STRATEGY HONESTLY, EVERYBODY IN THIS ROOM SHOULD BE DOING.

IF ANYBODY WANTS TO RETIRE OR RETIRE AND YOU HAVE INVESTMENTS, YOU HAVE A 401K, WHATEVER YOU HAVE, THIS IS THE STRATEGY YOU SHOULD BE DOING.

IT'S ALWAYS, EVERYBODY SAYS BUY LOW, SELL HIGH, BUT NOBODY REALLY EVER DOES IT RIGHT? 'CAUSE THERE'S, WE ALL HAVE EMOTION.

UH, WE TAKE THAT EMOTION OUT.

WE HAVE FULL-TIME TRADERS ON STAFF AND ACTUALLY ONE OF OUR CONTINGENCY TRADERS JUST IN CASE.

BUT IT ALLOWS US TO OWN THESE INDIVIDUAL SECURITIES AND TAKE ADVANTAGE OF THOSE.

SO I HIGHLIGHTED THE SMALL CAP FUND EARLIER.

REMEMBER I SHOWED YOU HOW WELL THAT ONE DID.

THAT ONE GOT HIT A LITTLE BIT BACK IN FEBRUARY, QUITE QUITE HARD.

SAME WITH THE VANGUARD GROWTH, ETF, WHICH IS PRIMARILY BIG TECH COMPANIES.

AND THEY GOT HIT BECAUSE OF THE IRAN SITUATION.

SO WE ACTUALLY BOUGHT THOSE LOW IN THE BEGINNING OF THE YEAR.

AND THEN IF YOU GO TO THE NEXT PAGE, THEY'VE ACTUALLY BEEN THE BEST PERFORMERS.

SO WE ALWAYS HAVE A SAYING AROUND HERE, WE'RE GONNA LOOK SMART AT SOME POINT, WE JUST CAN'T TELL YOU WHEN.

AND WE LOOKED PRETTY SMART PRETTY QUICKLY.

IT WAS THE SAME EXACT THING WHEN I SAT HERE LAST YEAR AND WE TALKED ABOUT, REMEMBER WHEN PRESIDENT TRUMP HAD THE TARIFF CARDS UP BACK IN APRIL? THAT WAS THE BEST DAY TO BUY STOCKS IN ALMOST 20 YEARS.

AND WE BOUGHT STOCKS IN THAT DAY AND LOOKED VERY, VERY SMART THE REST OF THE YEAR.

SO OUR STRATEGIES IN COMING IN HERE AND PITCHING A GREAT HOT STOP STOCK PICK LIKE SPACEX OR CRYPTO, IT'S SIMPLY JUST, WE NEED TO MAKE SURE WE'RE TAKING ADVANTAGE OF MARKETS AND THEY PRESENT THEMSELVES.

MEANING WHEN VOLATILITY KIND OF SHOWS ITS FACE, AND WE'RE LOOKING AT THIS OVER THE LONG RUN, JUST LIKE YOUR ACTUARIES, YOU KNOW, THE POLICE PENSION, NON-UNIFORM PENSIONS ARE MEANT TO BE IN PER PERPETUITY FOREVER.

AND THAT'S HOW WE'RE LOOKING AT THIS AS WELL.

SO, UM, LONG STORY SHORT, REALLY, REALLY ALL JUST GOOD NEWS.

YOU CAN SEE THE COMBINED PLANS, ALL THREE PLANS TOGETHER ARE A LITTLE JUST SHY OF $41 MILLION AS OF JUNE 30TH.

UH, AGAIN, OBVIOUSLY FOR THE REST OF THE YEAR WE'RE CAUTIOUSLY OPTIMISTIC, OBVIOUSLY WITH WHAT'S JUST HAPPENED OVER THE LAST WEEK OR SO WITH, WITH THE GEOPOLITICAL CONCERNS.

WE'RE OBVIOUSLY KEEPING A VERY KEEN EYE ON THAT.

UM, BUT MOVING FORWARD WE BELIEVE THAT, THAT WE'RE GONNA HAVE ANOTHER VERY GOOD VALUATION, WHICH HELPS SUPPORT YOUR PENSION PLANS AND HOPEFULLY REDUCES YOUR, UH, MMO THAT YOU HAVE TO DISH OUT AT THE END OF THE YEAR WHEN COME BUDGET SEASON.

SO, UM, SO WITH THAT I'LL KIND OF END.

I KNOW I THREW A LOT AT YOU GUYS, BUT ULTIMATELY REALLY TODAY WAS JUST MORE GOOD NEWS THAN ANYTHING.

SHOW YOU WHAT, WHAT, WHAT WE'VE SEEN SO FAR THIS YEAR AND KIND OF SET SOME EXPECTATIONS.

SO, UM, ANY QUESTIONS OR IS THERE ANYTHING THAT YOU'D LIKE ME TO, TO ELABORATE ON MORE? THANK YOU.

GREAT JOB.

THANK YOU.

APPRECIATE IT.

APPRECIATE THE OPPORTUNITY.

ENJOY THE REST OF YOUR SUMMER.

THANK YOU.

THANK YOU.

THANKS RICH.

THANKS BRIAN.

OKAY,

[PUBLIC COMMENT]

SO NEXT ON THE AGENDA IS PUBLIC COMMENT.

AND BEFORE PEOPLE GET UP, I'M ASSUMING THAT THERE ARE A LOT OF MEMBERS HERE REGARDING, UM, A, UH, TRAIL THAT COULD, IT WAS ON A MASTER PLAN FROM THE PAST COUPLE DECADES.

UM, AND SO I JUST WANT TO SAY A FEW THINGS ABOUT THAT BEFORE I WANNA COMES OUT TO SPEAK ON THAT.

LIKE, YOU'RE VERY WELCOME TO COME UP FOR THE THE PUBLIC COMMENT, UM, AS ALWAYS, BUT I JUST, I DON'T, I'VE SENT, THERE'S BEEN A LOT OF QUESTIONS ON THIS AND I KNOW PEOPLE HAVE COME TO MANY MEETINGS.

UM, AND I SENT A RESPONSE TO SOME RESIDENT IN THAT NEIGHBORHOOD THIS MORNING AND I JUST WANT TO MAKE SURE EVERYONE HAS HEARD THAT RESPONSE TO THE RESIDENT, UM, BEFORE EVERYONE COMES UP TO GIVE PUBLIC COMMENT.

SO I'M JUST GONNA READ A LITTLE BIT OF THAT.

JUST SAY, HEY, HAD, UM, JEFF, OUR PLANNER, DO A DEEP DIVE INTO THE, THE TRAIL THAT IS THE CONCERN, UM, IN THE NEIGHBORHOOD OF REGENCY OF PROVIDENCE.

SO, OKAY, SO WHAT I WROTE, SORRY, COUGH.

WHILE THE POSSIBILITY OF THE TRAIL CONNECTION IN THIS GENERAL AREA HAS APPEARED IN VARIOUS PLANNING DOCUMENTS OVER THE PAST TWO DECADES, THERE IS CURRENTLY NO APPROVED OR FUNDED PROJECT TO CONSTRUCT A TRAIL THROUGH OR ADJACENT TO THAT NEIGHBORHOOD.

THE TOWNSHIP IS IN PROCESS OF DEVELOPING AN UPDATED TOWN-WIDE TRAIL MASTER PLAN WITH ASSISTANCE FROM A PROFESSIONAL TRAIL PLANNING CONSULTANT.

THE PLANNING PROCESS IS INTENDED TO IDENTIFY POTENTIAL LONG TERM OPPORTUNITIES,

[00:15:01]

GATHER PUBLIC INPUT, AND EVALUATE HOW A CONNECTED TRAIL NETWORK COULD BEST SERVE THE COMMUNITY.

AT THIS STAGE, THE MASTER PLAN IS SIMPLY THAT A PLANNING DOCUMENT.

IT DOES NOT AUTHORIZE CONSTRUCTION ALLOCATE FUNDING, UM, OR COMMIT THE TOWNSHIP TO BUILDING ANY SPECIFIC TRAIL.

ONCE THE CONSULTANT COMPLETES THE DRAFT PLAN, IT'LL BE REVIEWED THROUGH THE PUBLIC PROCESS.

THE WHOLE PLAN WILL INCLUDING THE PARKS AND REC BOARD, AND IT WILL COME TO THE BOARD SUPERVISORS ULTIMATELY WHERE WE WILL VOTE ON THE PLAN.

NOTHING ELSE, JUST THE PLAN.

SO EVEN AFTER WE ADOPT THE MASTER PLAN, ANY INDIVIDUAL TRAIL PROJECT WOULD THEN REQUIRE ITS OWN EVALUATION AND APPROVAL FACTORS WOULD SUCH AS ENGINEERING, FEASIBILITY, ENVIRONMENTAL IMPACTS, PROPERTY OWNERSHIP, PUBLIC INPUT COSTS, AND OVERALL COMMUNITY BENEFIT WOULD ALL NEED TO BE CAREFULLY CONSIDERED.

IN ADDITION, ANY FUTURE PROJECT WOULD REQUIRE FUNDING SOURCE TO IDENTIFY A FUNDING SOURCE, WHETHER THROUGH GRANTS OR OUR ANNUAL BUDGET PROCESS OR ANOTHER APPROVED FUNDING MECHANISM.

UM, ANY EXPENDITURE OF TOWN FUNDS WOULD REQUIRE, AGAIN, PUBLIC DISCUSSION, DISCUSSION AND APPROVAL BY THE BOARD SUPERVISORS.

SO I UNDERSTAND CONCERNS THAT HAVE BEEN RAISED ON PRIVACY, SECURITY, AND QUALITY OF LIFE AT THE ENCY OF PROVIDENCE.

AND THEY ARE IMPORTANT CONSIDERATIONS AND THEY'LL BE PART OF ANY FUTURE DISCUSSIONS SHOULD A SPECIFIC TRAIL PROPOSAL EVER ADVANCE BEYOND THIS CONCEPTUAL PLANNING STAGE.

SO I JUST WANT TO PUT THAT OUT THERE JUST FOR EVERYONE'S AWARENESS.

THAT'S WHERE IT ALL STANDS.

UM, THANK YOU.

UM, SO I'LL OPEN UP THE PUBLIC COMMENT AGAIN.

UM, YOU HAVE THREE MINUTES.

UM, ANY RESIDENT OR I THINK TAXPAYER WHO, UM, WORKS INTO THIS YEAH, UH, COMMUNITY IS WELCOME TO COME UP AND SPEAK.

OKAY, SO THIS IS .

HI, HI CON, UM, TISH MCMASTER.

LATISHA MCMASTER, UM, ALSO FROM REGENCY OF PROVIDENCE, 2 23 HANOVER, THANK YOU SO MUCH.

THAT WAS REALLY HELPFUL BECAUSE I KNOW YOU SAID IT'S BEEN OUT THERE FOR A COUPLE DECADES, BUT THE LATEST REVISION IS 2024.

SO THAT IS A CONCERN FOR US, RIGHT, IS THAT THAT 2024 MAP IS THERE.

AND THEN THERE WAS ANOTHER REVISION THAT WAS MADE RECENTLY AND IT'S ALSO ON THERE.

AND UM, WE ALSO HAVE SEEN SOME E-BIKES COMING THROUGH THAT WE'VE NEVER SEEN BEFORE, AND THEY'RE NOT PEOPLE THAT LIVE IN OUR NEIGHBORHOOD.

'CAUSE YOU KNOW, WE CAN TELL OUR DEMOGRAPHIC , UM, AND WE ARE 55 AND OVER AND UM, AND WE DO FEEL IT'S BECAUSE THAT TRAIL PLANT IS OUT THERE ON THE TOWNSHIP WEBSITE AND PEOPLE ARE LIKE, OH, I'LL GO LOOK AT THAT BECAUSE IT IS A BLACK TRAIL AND IT IS RIGHT THROUGH OUR NEIGHBORHOOD.

SO WE ARE STARTING TO SEE SOME RAMIFICATIONS OF IT.

UM, SO WHAT YOU HAVE IS THE PETITION THAT WAS SIGNED BY 90% OF OUR NEIGHBORS.

UM, I'M GOING TO ASK JOHN TO JUST TALK A LITTLE BIT ABOUT WHAT THOSE CONCERNS ARE AND THEN I'LL WRAP UP WITH A FEW OTHERS ONLY BECAUSE I WANT YOU TO KNOW EVENTUALLY THESE ARE THE PEOPLE THAT ARE GONNA MAKE THE DECISION IF THIS IS GONNA BE APPROVED OR NOT.

BUT YEAH, SO YOU CAN DO THAT, BUT YOU THREE MINUTES, WE CAN'T.

THAT'S FINE.

IF YOU WANNA DO MORE, YOU CAN GO TO THE TRAIL.

UM, THAT'S OKAY.

NEXT TIME THAT MEETING HAPPENS, WELL THEN I'LL JUST KEEP GOING WITH SOME OF THOSE AND LIKE GIVE JOHN HISTORY SO THAT WE DON'T YEAH, SURE.

UM, OKAY.

SO, UM, THERE ARE OBVIOUSLY SAFETY CONCERNS AND JOHN'S GONNA TALK ABOUT THIS.

THEY ARE THE BIGGEST ONES FOR US.

THERE ARE, UM, ON HERE SOME, SOME, UM, CONCERNS FOR HEALTH.

UM, WE ARE AN OVER 55 COMMUNITY.

UM, THERE'S 337 DRIVEWAYS IN OUR DEVELOPMENT.

YOU GUYS WANNA PUT A PATH THROUGH ALL FOUR OF OUR PHASES OF OUR DEVELOPMENT, UM, RIGHT IN OUR BACKYARD.

IT'S A HEALTH ISSUE IF, UM, PETS ARE, ARE, ARE, YOU KNOW, UH, THERE'S DOGS OUT THERE THAT ARE COMING FROM PHILADELPHIA TO POTSTOWN AND, UM, AND THERE MAY BE PEOPLE RIGHT IN THEIR BACKYARD THAT AREN'T ABLE TO CLEAN THAT UP.

UH, WE'RE WORRIED ABOUT CIVIL LIABILITY FROM INEVITABLE CROSSOVER INTO OUR STREETS.

UM, AND, AND, UH, IS IT SAFE FOR THE BIKERS, UM, TO DO THAT WITH, WITH, UH, HOW OUR, OUR, UM, DRIVES ARE SET UP.

UM, AND UH, ALSO THERE'S SOME ENVIRONMENTAL SEVERE RUNOFF THAT WE HAVE HAD WHERE YOU'RE GONNA PULL OUT A TON OF TREES WHERE WE'VE ALREADY HAD TRAIL WASH OUT AND, UM, AND SOME PROBLEMS THAT COULD CAUSE FLOODING WITH THE HOUSES THAT ARE BELOW THAT.

SO YOU CAN READ THROUGH, UM, EVERYTHING ELSE IS ON HERE.

WE JUST WANT YOU TO BE AWARE OF.

THERE'S A LOT OF CONCERNS THAT WE HAVE.

MOST OF THEM ARE SAFETY.

JOHN WILL SPEAK TO THOSE.

UM, WE APPRECIATE YOU LISTENING AND THAT WAS VERY HELPFUL WHAT YOU SAID AT THE BEGINNING.

SO THANK YOU FOR THAT.

HI, GOOD EVENING, JOHN , 1 39 SLOAN.

UM, THANK YOU SO MUCH FOR THE OPPORTUNITY TO COME BEFORE YOU.

FIRST OF ALL, I WANT MENTION THAT I'M A FAN OF THESE TRAILS AND THEN, UH,

[00:20:01]

I'VE RIDDEN FROM THE ART MUSEUM ALL THE WAY UP TO GREEN LANE AND I'M A BIG FAN OF TRAILS THAT ARE DONE CORRECTLY.

SO, UH, I JUST MAINTAINED TO YOU THAT PUTTING A TRAIL ONE PLUS MILES THROUGH A COMMUNITY OF 3 35 OR 37 HOMES WITH THE AVERAGE AGE OVER 70, THERE ARE, IF THIS IS TO BE DONE, I KNOW IT'S A PROPOSAL.

IF IT IS DONE, THERE'LL BE SAFETY AND HEALTH ISSUES THAT ARISE BECAUSE OF THIS.

AND I MAINTAIN THAT THE QUALITY OF LIFE FOR THE RESIDENTS AND VISITORS COULD BE IN DANGER.

AND I BACKED IT UP WITH, UH, I'M JUST COMING TO, I BACKED THAT UP WITH MY PROFESSIONAL KNOWLEDGE AS A, AS A WELLNESS INSTRUCTOR, A MASTER'S DEGREE IN EXERCISE PHYSIOLOGY AND WORKING 20 YEARS WITH SENIORS IN OUR COMMUNITY.

SO I'M A A, UM, CERTIFIED FITNESS TRAINER AND I HAVE A CERTIFICATION FROM CAL STATE IS A BALANCE AND MOBILITY INSTRUCTOR.

SO I SPEAK TO YOU WITH AUTHORITY ON SENIORS AND WHAT GOES ON WITH SENIORS.

AND NOT ONLY THAT, I AM NOW, UH, IN THAT PARTICULAR AGE GROUP.

SO, UH, FIRST CONCERN IS MUSCLE FIBERS.

THE FAST TWITCH TYPE ARE DIMINISHED IN SENIORS OR OR OLDER ADULTS.

IT'S JUST AN AGE RELATED LOSS.

AND WE HAVE SENIORS HAVE A LOSS OF STRENGTH AND POWER AND REACTION TIME, WHICH RESULTS IN LOSS OF BALANCE, AND IT CAN REDUCE THEIR ABILITY TO GET OUT OF THE WAY OF A FAST MOVING OBJECT SUCH AS A BICYCLE OR AN E-BIKE, A SKATEBOARD OR A RUNNER.

SO IT TAKES SENIORS 20 TO 50% MORE TIME THAN A, A NORMAL YOUNGER ADULT TO DETECT THE HAZARD PROCESS THE INFORMATION AND INITIATE THE MOVEMENT.

SO HAVING A MULTI-USE TRAIL THROUGH A SENIOR COMMUNITY IS NOT ONLY AN ENDANGERMENT TO THE SENIORS IN THAT COMMUNITY, IT IS TO THE, UH, INDIVIDUALS ON THE TRAIL THEMSELVES.

AND, UH, FURTHERMORE, THE SENIORS IN OUR COMMUNITY WILL HAVE A, HAVE LESS POWER TO SIDESTEP IN AN EVENT OF A CONFLICT OF A BICYCLE OR OBJECT COMING TOWARD THEM.

AND THEN THEY'LL HAVE LESS ABILITY TO REGAIN BALANCE IF THEY'RE STARTLE.

SO THIS INCREASE INCREASES THE LIKELIHOOD OF A COLLISION OR A FALL, ESPECIALLY WITH E-BIKES THAT ARE TRAVELING AT A HIGHER SPEED.

SO ANOTHER ISSUE WITH PEOPLE IN OUR POPULATION IS, SORRY, I HAVE TO STOP YOU.

OKAY, THAT'S FINE.

BUT I, I REALLY ENCOURAGE EVERYONE TO COME TO THE JULY 28TH TRAIL MEETING, UM, FOR, FOR SOME OF THIS DISCUSSION.

OKAY, THANK YOU SO MUCH.

THANK YOU.

CAN YOU HAVE MY THREE MINUTES? ANYBODY? MY NAME IS BOB CEDAR, UH, THAT'S LAST NAME SPELLED S-I-D-O-R 4 29 PETERS WAY, UH, IN REGENCY AT PROVIDENCE.

UM, AND WE KNOW IT'S IN THE EARLY PLANNING STAGES, UH, AND THAT THERE WOULD BE A LOT MORE STEPS.

IT'S NOT BEING PLANNED AT ALL.

THERE'S NO PLANNING AT ALL, RIGHT? IT'S NOT EVEN, OKAY, WE'RE DOING A, A STUDY, WE'RE PLANNING A FULL STAND CORRECTED, THERE'S A STUDY THAT'S GOING ON RIGHT NOW IN ADVANCE OF POTENTIAL THREATS, ANY TRAIL ANYWHERE IN THE TOWNSHIP, RIGHT? YEAH, I UNDERSTAND THAT.

YEAH.

OKAY, JUST WANNA MAKE SURE THERE'S NO PLAN.

I UNDERSTAND THAT.

I'VE READ A LOT ON THE TOWNSHIP WEBSITE, OKAY? I JUST, BECAUSE IT FEEL LIKE WHEN PEOPLE WERE TALKING, IT'S LIKE THAT THERE'S A PLAN AND WE HAVE FUNDING AND WE'VE DONE, SO WHAT WE'RE, SO WHAT WE'RE TRYING TO DO MAYBE IS TO GET OUT AHEAD OF IT AND SORT OF CUT IT OFF AT THE PAST.

I'M GONNA TALK SPECIFICALLY TO RIDING BIKE AND WHAT YOU ENCOUNTER ON THE TRAIL.

SO I WANNA ASK HOW MANY PEOPLE SITTING HERE RIDE BIKE? QUITE A NUMBER.

HOW ABOUT UP HERE? DO YOU, WILL YOU GUYS ANSWER? OKAY, SO MY WIFE AND I RIDE BIKE TRADITIONAL BIKES AND WE RIDE PRIMARILY ON THE CHUCO RIVER TRAIL AND SOMETIMES ON THE PERKY OMAN TRAIL.

AND WHAT WE EXPERIENCE ON THOSE TWO TRAILS IS PRETTY INTERESTING.

THE SPEED LIMIT, THE STATED SPEED LIMIT ON THOSE TWO TRAILS IS 15 MILES PER HOUR.

THAT'S THE LIMIT, OKAY? AND THERE ARE REASONS FOR THAT.

WHY? BECAUSE THERE ARE WALKERS, THERE ARE RUNNERS AND THERE ARE FAMILIES THAT USE THOSE TRAILS.

HOWEVER, THERE'S NO PRACTICAL WAY TO

[00:25:01]

POLICE THAT.

IT, IT HAS TO BE DONE THROUGH THE INDIVIDUAL, THROUGH THE PEOPLE THAT ARE RIDING THE BIKES ON THE TRAIL.

AND I WILL TELL YOU, IT RARELY HAPPENS, OKAY? OUR EXPERIENCE HAS BEEN THAT RIDERS ON E-BIKES AND ROAD BIKES PASS US REGULARLY ON THE TRAILS AND THEY'RE DOING MORE THAN THE SPEED LIMIT.

AN E-BIKE CAN, CAN, YOU CAN RIDE AN E-BIKE UP TO 30 MILES PER HOUR.

UH, A ROAD BIKE, SOMEBODY WITH MODERATE FITNESS CAN RIDE A ROAD BIKE AT 20 MILES PER HOUR.

SO BOTH BREAK THAT SPEED LIMIT.

AND I LIKE, IN OUR EXPERIENCE, YOU ALL DRIVE ON 4 22, RIGHT? DO YOU, DO YOU DRIVE AT 55 MILES PER HOUR? HOW MANY PEOPLE GO BLOWING BY YOU ON 4 22? WELL, THAT'S WHAT IT'S LIKE ON THE TRAILS, OKAY? AND THE MOST BASIC THING OF ALL, THE MOST BASIC RULE OF ETIQUETTE OF BIKE RIDING IS TO GIVE A HEADS UP WHEN YOU'RE PASSING SOMEONE YOU SAY ON YOUR LEFT SO THAT YOU KNOW THAT A BIKE RIDER IS COMING UP ON YOU.

AND I WILL TELL YOU THAT THAT DOESN'T HAPPEN.

IT, IT'S, IT'S NOT HEATED.

MAYBE IT HAPPENS 50% OF THE TIME.

AT MOST, MOST PEOPLE WILL JUST, AND BY THE WAY, IT'S THE E-BIKES AND THE ROAD BIKERS THAT END UP GOING, WELL YOU, BECAUSE THEY'RE ON A MISSION.

I MEAN, THAT'S KIND OF THE WAY IT LOOKS LIKE AND THAT'S WHAT WE EXPERIENCE.

SO IT'S SO HARD TO, UH, VISUALIZE, AS JOHN SAID, HOW I HAVE TO STOP YOU NOW.

BUT THANK YOU FOR THE, THE WELCOME.

YOU'RE WELCOME.

ANYONE ELSE WANT TO SPEAK? I AM NOT HERE TO TALK ABOUT THAT.

SO .

UM, BUT I AM HERE TO TALK ABOUT SOMETHING WE'VE TALKED ABOUT AT THE LAST SEVERAL MEETINGS.

UH, BEDALE, FARM HOMEOWNERS ASSOCIATION.

UH, MY NAME'S BEN SILVER ON BEHALF OF THEM.

I'M WANT HERE ON BEHALF OF THEM AS WELL AS, UH, SOME OTHER NEIGHBORS IN THE COMMUNITY.

JUST REALLY WANT TO MAKE SURE THAT WE DON'T FORGET ABOUT IT, BUT WE'RE OPPOSED TO THE CONNECTION BETWEEN HOPWOOD ROAD, WHERE WE ARE AND GOING FORWARD WHERE THERE'S TREES RIGHT NOW.

WE HAVE A LOT OF KIDS, WE HAVE A LOT OF SAFETY ISSUES.

WE HAVE A LOT OF REASONS THAT THERE'S NO, MAKES NO SENSE TO DO IT.

ESPECIALLY WITHOUT HAVING FIRST TRIED A TON OF OTHER OPTIONS SUCH AS SPEED BUMPS, FLASHING SIGNS, A FULL ACTUAL STOP SIGN RATHER THAN A HEY, YOU CAN TURN RIGHT AT FULL SPEED AND A STOP SIGN AT THE OTHER CORNER.

THERE'S A LOT OF OTHER ROUTES TO GO THAT WON'T COST MILLIONS UPON MILLIONS OF DOLLARS.

WE'D REALLY LIKE TO, UH, MAKE SURE THAT OUR VOICES CONTINUE TO BE HEARD.

WE HAVE A NEIGHBORHOOD FULL OF LITTLE KIDS CONNECTED TO TWO OTHER NEIGHBORHOODS FULL OF LITTLE KIDS.

NOT A GREAT PLACE TO BUILD A I'LL LEAVE IT AT THAT.

THANK YOU.

HELLO, MY NAME'S NICOLETTE ANHILL AND I HAVE ANOTHER TOPIC, UM, TO DISCUSS TODAY.

UM, AND THANK YOU FOR THE S FORM.

UM, I CAME HERE PROMPTED BY AN ARTICLE IN THE LOCAL PAPER STATING THAT THE, UM, PIZZERIA UNO IS UNDER, UH, REVISION TO OR THE OWNER'S BAINBRIDGE OAKS.

LLC IS LOOKING FOR A NEW TENANT AND THEY'D LIKE TO KNOCK DOWN PIZZERIA UNO AND PUT IN A CAR WASH.

AND IN ORDER TO DO THAT, THEY HAD TO, I DON'T KNOW WHAT AMEND, DISSOLVE THE RESTRICTIVE COVENANT THAT WAS SIGNED IN 2004.

NOW, I DON'T KNOW IF THIS IS ALREADY DONE OR NOT.

I DON'T KNOW HOW FAR YOU ARE IN THE PLANNING.

I'VE SEEN THE PLANS FOR THIS CAR WASH.

UM, I DON'T AGREE.

I'VE LIVED HERE FOR 30 YEARS, OVER 30 YEARS WHEN THAT PROPERTY WAS, WERE TWO BEAUTIFUL LITTLE WELCOMED HOMES.

WE WERE TOLD WHEN WE WERE LOOKING AT OUR HOUSE THAT, OH, UPPER PROVIDENCE LOVES OPEN SPACE MINIMUM ONE ACRE LOTS THAT, THAT CAN'T BE DEVELOPED DOWN THERE.

THAT'S ALL MARSHLANDS AND FAST FORWARD, LOOK AT US NOW.

THAT INTERSECTION IS INSANE.

I LIVE ON ELIZABETH LANE ACROSS FROM GUMS ROAD GUMS ROAD NAILS.

[00:30:01]

THIS POOR GENTLEMAN, THAT FAMILY BACK THERE.

THAT DEVELOPMENT GUMS ROAD IS A THOROUGHFARE THROUGH A RESIDENTIAL NEIGHBORHOOD.

THE SHORTCUT TO OAKS TO, UM, THAT CORPORATE CENTER TARGET.

BJ'S, ARNOLD'S, YOU CAN'T GET OUT OF OUR STREET AT RUSH HOUR.

THERE ARE EIGHT DIFFERENT DIRECTIONS PEOPLE ARE TRYING TO GO WITH NO LIGHT PLUS BLACKROCK ROAD.

THAT'S LIKE THE LAST STOP TO GET TO 4 22.

I WANNA STAY ON TRACK FROM LAUNCHING THE CLOCK.

I HAVE SO MUCH TO SAY 'CAUSE I HAVE 30 YEARS OF THIS IN MY HEAD.

BUT, UM, I THINK WE'RE GOING TOO FAR WITH, WITH THE BUILDING.

I DON'T THINK THAT WE NEED A CAR WASH.

I THINK ANOTHER RESTAURANT WOULD WORK.

I UNDERSTAND THAT A BUSINESS HAS TO BE PROFITABLE.

THAT'S THEIR RIGHT, THAT'S THEIR PURPOSE.

BUT THE PLANNING BOARDS AND THE COMMISSIONS, THE PEOPLE WHO ARE IN THESE SEATS ARE THE ONES WHO SHOULD BE LOOKING OUT FOR OUR COMMUNITIES FIRST.

AND LIKE THESE, THE TRAIL, I MEAN, WE HAVE ALL THIS DEVELOPMENT, BUT NOT ONE SIDEWALK.

I CAN'T GET TO THE TRAIL FROM MY HOUSE WITHOUT RISKING MY LIFE.

I CAN'T RIDE MY BIKE ALONG STATION ROAD.

I'LL GET RUN OVER THERE.

THERE'S THERE THE, ALL THESE BUSINESSES ARE DEVELOPING, BUT WHAT ARE THEY GIVING BACK TO THE COMMUNITY? WHAT IS THE COMMUNITY, THE PEOPLE, THE RESIDENTS, WHAT ARE WE GAINING? WE STILL DON'T HAVE A LIBRARY NUMBER.

PROVIDENCE, I'VE BEEN WAITING FOR THAT FOR 32 YEARS.

UM, I JUST REALLY THINK THAT I, I DON'T KNOW HOW FAR THE PLAN IS.

I'M GONNA KEEP GOING TO MEETINGS 'CAUSE I FIND 'EM VERY INTERESTING.

BUT I REALLY TRULY HOPE THAT YOU'LL TAKE MY THOUGHTS INTO CONSIDERATION.

'CAUSE I DON'T THINK I'M ALONE.

THANK YOU.

I BELIEVE THAT THAT WAS DISCUSSED AT THE PLANNING COMMISSION IN JUNE.

JEFF'S NOT HERE.

UM, BUT IT HAS NOT COME TO OUR, THE BOARD'S ADVISORS YET.

SO EVEN THE FIRST DRAFT, SO WE HAVEN'T SEEN IT.

WELL, I'LL BE BACK THE AGENDA.

ANYONE ELSE FOR PUBLIC COMMENT? UM, ALL RIGHT, SO JUST A REMINDER, THE JULY 28TH WORKSHOP ON THE TRAILS IS SCHEDULED AND THEN THERE WILL ALSO BE A PUBLIC MEETING FOR TRAILS IN SEPTEMBER THAT HAS NOT BEEN SCHEDULED YET.

THANK YOU FOR ALL PUBLIC COMMENT.

WE'RE LISTENING.

UM,

[EXECUTIVE SESSION REPORT]

SO NEXT ON THE AGENDA IS EXECUTIVE EXECUTIVE SESSION REPORT.

THE BOARD HELD A PRE-MEETING EXECUTIVE SESSION TO DISCUSS A NUMBER OF ITEMS AMONG WHICH WERE COLLECTED, COLLECTED THE BARGAINING ISSUES, STAFF PERSONNEL UPDATES, REAL ESTATE NEGOTIATIONS AND MATTERS RELATED TO POTENTIAL ONGOING LITIGATIONS.

[APPROVAL OF BILL LIST]

UH, APPROVAL OF THE BILL LIST FOR JUNE.

I'LL MAKE A MOTION TO PROVE THE JUNE 1ST TO JUNE 30TH, 2026 BILL LIST IN THE AMOUNT OF $1,000,891 OR $891,162 AND 73 CENTS.

I SECOND.

ALL THOSE IN FAVOR? AYE.

AYE.

ALL THOSE OPPOSED, UH, MOTION PASSES.

NEXT

[APPROVAL OF MINUTES]

APPROVAL OF MINUTES FOR THE JUNE 15TH, 2026 BOARD SUPERVISORS MEETING.

I'LL MAKE A MOTION TO APPROVE THE JUNE 15TH, 2026 BOARD OF SUPERVISORS REGULAR MEETING MINUTES.

I'LL SECOND.

ALL THOSE IN FAVOR? AYE.

ALL OPPOSED MOTION PASSES.

THERE ARE NO PUBLIC HEARINGS.

THERE IS NO OLD BUSINESS.

[NEW BUSINESS (ACTION/DISCUSSION ITEMS)]

UH, NEW BUSINESS.

UH, NUMBER FOUR, CONSIDER ADOPTING RESOLUTION 20 DASH 2026 DASH 29 TO ADOPT THE TOWNSHIP CAPITAL ASSET POLICY.

PLEASE, JOEL, SPEAK TO THAT.

SURE.

UM, SO JOE, USE THE MIC.

GOOD EVENING.

UM, SO WE'VE HAD, UH, A CAPITAL ASSET POLICY.

WE HAD A CAPITAL ASSET POLICY, WHICH, UM, EXTENDED ONLY $2,500.

AND WE WERE FINDING THAT A LOT OF THE ITEMS THAT WE HAVE, OUR AUDITOR SAID WE CAN DO $10,000 PER ASSET AND IT DOESN'T AFFECT THE BUDGET.

IT'S SIMPLY A PROCEDURAL ITEM WHERE WE'RE CLEANING UP OUR BOOKS FROM YEARS WHERE THERE'S JUST TOO MANY SMALL ITEMS AND THAT KIND OF THING.

SO WE'RE STILL GONNA HAVE THE SAME TYPE OF ASSETS.

IT'S JUST SIMPLY PROCEDURAL AND THE AUDITORS ARE HELPING US THROUGH THAT WHOLE PROCESS.

SO IS IT THAT ANYTHING UNDER 10,000 IS NO LONGER A CAPITAL? IT WOULD BE AN EXPENSE.

SO YOU COULD THAT YEAH, IT, IT, IT, IT IS.

I MEAN WE OBVIOUSLY, WE HAVE A LOT

[00:35:01]

OF, UM, SMALLER ITEMS WITHIN THE TOWNSHIP, BUT THESE ARE BEING ACCOUNTED FOR AS WELL.

IT'S NOT LIKE WE'RE JUST FORGETTING ABOUT ANYTHING THAT'S UNDER 10,000.

IT'S REALLY JUST WHEN WE GO TO, TO LOOK AT WHAT WE HAVE, UM, YOU KNOW, THAT'S WHAT IT'S GONNA BE.

NOW IT'S JUST, YOU KNOW, YOU CAN HAVE LIKE PENS AND PENCILS OR WHATEVER AND IT JUST ADDS UP TO NOTHING.

WE STILL HAVE TO HAVE A BUDGET AND THAT'S HOW, YOU KNOW, THAT'S HOW IT'S GONNA BE.

OKAY.

SO ANY QUESTIONS? IT HAS NO IMPACT TO THE BUDGET.

I MEAN, NO, THE INCIDENT IMPACT THE TAXES OR ANYTHING, OR NO DEPRECIATION OR NO, WE DON'T, WE DO, EXCUSE ME, WE DO DEPRECIATION, BUT THAT'S, UM, THOSE ITEMS WILL BE DEPRECIATED SLOWER.

UM, THE, YOU KNOW, THE SMALLER STUFF, THEY'RE, THEY'RE DEPRECIATED ALSO, BUT, UM, YEAH.

SO IT'S REALLY POLICY AND DATE? YES, THAT'S CORRECT.

OKAY.

ALRIGHT.

THANK YOU.

I'LL MAKE A MOTION TO ADOPT RESOLUTION 2026 DASH 29 ADOPTED THE TOWNSHIP'S CAPITAL ASSET POLICY.

SECOND THAT, ALL THOSE IN FAVOR? AYE.

ALL OPPOSED.

MOTION PASSES.

NEXT, CONSIDER DOCUMENT RESOLUTION 2026 DASH 33 APPROVING THE MINOR SUBDIVISION FOR 13 BRI LIEN.

BRI, BRI, UH, GOOD EVENING LADIES AND GENTLEMEN.

MY PAUL LEOPARD, UH, DIRECTOR OF PLANNING ON LANDSCAPE ARCHITECTURE AT NAVILLE, AND IT'S A PLEASURE TO BE HERE THIS EVENING.

UH, WE'RE FOR YOU FOR, UM, UH, APPROVAL OF THE MINOR SUBDIVISION THAT'S PROPOSED FOR 13, UH, BY LANE.

UM, THAT PROPERTY IS ALSO SUBJECT TO, UM, ANOTHER, UH, LAND DEVELOPMENT APPLICATION, BUT THE SELLER HAS ASKED HI, UM, AS PART OF THEIR AGREEMENT TO, UM, CONVEY A PORTION OF ONE OF HIS EXISTING LOTS TO ANOTHER EXISTING LOT.

ESSENTIALLY THE AREA THAT IS CIRCLED OR NOT CIRCLED, UH, OUTLINED, HIGHLIGHTED IN, IN BLUE IS A 1.4 ACRE, UH, PORTION OF THE LARGER 21 ACRE PIECE.

AND THEY'D LIKE TO ASSIGN THAT TO THEIR EXISTING, UH, RESIDENTIAL LOT.

AND WHY IS THAT IMPORTANT THEN? THAT THERE'S A POND ON THAT PARCEL AND THEY'D LIKE TO RETAIN THAT POND AND A SMALL PORTION OF THE LANDSCAPE AROUND ITS PERIMETER WITH THE RESIDENTIAL LOT.

AND SO EFFECTIVELY WE'RE READJUSTING THE LOT LINE TO ALLOW FOR, UH, THAT PORTION OF THE PROPERTY TO REMAIN WITH THE SELLER.

UM, THERE'S NO, UM, IMPROVEMENTS PROPOSED IN TERMS OF ANY IMPROVEMENTS TO, UM, THE RESIDENTIAL AISLE ON 13 BRIDAL.

UM, UM, THERE'S, YEAH, NO, NO ADDITIONAL RESIDENCE, NO ADDITIONAL LOT, NO, NO IMPROVEMENTS.

IT'S LITERALLY A, A LOT LINE CHANGE BETWEEN THE TWO PARCELS.

IS THERE MONEY EXCHANGED OR YOU'RE ESSENTIALLY WE'RE ON THE BEHALF OF THE, THE CURRENT OWNERS MAKING THIS LOT CHANGE ON THEIR BEHALF.

SO YOU'RE BASICALLY JUST PULLING TWO LOTS IN THE ONE, CORRECT? WELL, TAKING A PORTION, SMALL PORTION OF ONE AND ADDING IT BOTH THE SAME, BOTH LOTS ARE ZONED THE SAME.

I GUESS.

UM, THE LARGER LOT IS ZONED, UM, THE YERKES MIXED USE.

UM, THE SMALLER IS R ONE AND SO IT WILL GO TO R OH, I'M SORRY.

I WAS JUST GONNA SAY, I THINK THE OTHER POINT THAT'S IMPORTANT TO RAISE IS THAT, THAT THE PARCEL THAT'S BEING ADDED LARGELY CONTAINS AN EXISTING POND, CORRECT? THAT'S CORRECT.

SO THERE, THERE REALLY IS NO SORT OF FILLING IN THE POND.

THERE'S NO WAY OF REALLY DEVELOPING THAT PORTION OF THE PROPERTY.

IT'S KIND OF JUST BEING LEFT WITH THE OWNERS.

THE OWNER'S OWN BOTH PARCELS CURRENTLY, BUT THEY'RE SELLING ONE PARCEL TO HIGH AND THEY'RE, THEY WANT TO KEEP THE PORTION THAT'S AROUND THIS POND AREA.

WHICH, WHICH, WHICH ONLY DOES IT TAKE THAT? WELL, IT IT WOULD STILL BE UNDER, IT WOULD STILL BE UNDER THE OTHER ZONING.

IT WOULD STILL BE UNDER THE, WHAT IS IT, MIXED USE? YEAH, IT WOULD STILL BE YS MIXED USES ZONING.

BUT LET'S TAKE GERMANTOWN PINE LOWER PROPERTY.

YOU, YOU COULDN'T DO ANYTHING THERE BECAUSE IT HAS THAT EXISTING.

[00:40:01]

SO YOU HAVE AN R ONE, YOU HAVE A YS, YOU'RE CARVING OUT PART OF THE R ONE AND PUT IT OVERS OFF THE WHAT? IT'S THE OTHER WAY AROUND.

CARVING OUT A PIECE OF THE YERKES MIXED USE AND ATTACHING IT TO A, TO THE R ONE PROPERTY.

OKAY, THAT'S WHAT I THOUGHT.

OKAY.

SO I GUESS THAT'S ALMOST A SAFER BET.

'CAUSE OTHERWISE THIS POND WOULD PARK WITHOUT A BIGGER, THE YS WHERE PEOPLE COULD GO TO IT NOW IT'S GONNA BE A PRIVATE PROPERTY.

YEAH, IT'S, IT'S LITERALLY A, AN EXISTING POND.

IF IF YOU, IF YOU SAW IT FROM THEIR YARD, THEIR RESIDENCE LOOKS DOWN ON IT, THEY'D LIKE TO KEEP IT WITH THEIR PROP WITH THE RESIDENTIAL HOUSE.

YEAH.

IT'S MUCH, MUCH MORE MEANINGFUL TO THEM.

OKAY, COOL.

QUESTION, OTHER QUESTION.

WE'LL MAKE A MOTION, UM, TO ADOPT RESOLUTION 2026 DASH 33 APPROVING THE MINOR SUBDIVISION FOR 13 BRIDAL LIEN.

I'LL SECOND.

ALL THOSE IN FAVOR? AYE.

AYE.

ALL OPPOSED.

MOTION PASSES.

THANK YOU.

HAVE A GOOD EVENING.

NEXT AGENDA IS CONSIDER ADOPTION RESOLUTION 2026 S 34 APPROVING WAIVERS FROM SECTIONS 2,270 TO 70 J AND K FOR CLUB STUDIO OF CENTER.

GOOD EVENING.

UM, ANTHONY, WE I'M AN ARCHITECT, UH, REPRESENTING CLUB STUDIO.

UH, THE ORIGINAL LA FITNESS, UH, CONSTRUCTED HERE IN 2008 IS BEING REBRANDED BY THE SAME PARENT COMPANY, FITNESS INTERNATIONAL.

AND WITH THEIR NEW BRANDING, THEY HAVE A NEW LOGO AND UM, LOGO IS A BLACK LETTER AND WE'VE DEMONSTRATED THAT THE BLACK LETTER DOES NOT SHOW UP ON RED BLACK BRICK.

AND SO THE, THE REQUEST IS, IS TO PAINT THE EXISTING BRICK A LIGHTER COLOR SCHEME AS SHOWN HERE.

AND, UH, SO THAT THE SIGNAGE IS VISIBLE AND ALSO IN KEEPING WITH THEIR, UM, NEW BRANDING SCHEME OF, OF LIGHTER, UM, BUILDING MATERIALS.

I'M, THIS, THIS WILL COME TO THE BOARD, THE PROVIDENCE TOWN CENTER SET, KIND OF LIKE THE COLOR AND THE SCHEME AND ALL THAT STUFF THEY DO, BUT OUR SUBDIVISION IN LAND DEVELOPMENT ORDINANCE UNDER WHICH THE DEVELOPMENT WAS APPROVED 2, 2, 20, 22 YEARS AGO, UM, HAS ARCHITECTURAL AND DESIGN STANDARDS THAT SPECIFY COLOR PALETTES AND THINGS OF THAT NATURE.

SO THIS BEING DIFFERENT FROM WHAT'S NECESSITATES A WAIVER FROM THE SUBDIVISION AND LAND DEVELOPMENT ORDINANCE.

I DO HAVE A, A, A MEMO FROM JEFF THAT I THINK WAS CIRCULATED IN THE PACKET, WHICH HE EXPRESSED NO OBJECTION TO THE BOARD FOR ANY OF THE REQUESTED WAIVERS.

AND THE OWNER OF THE DEVELOPMENT THERE DOESN'T CARE IF YOU GO OFF BRAND.

WHAT'S, I HAD NO CONVERSATION WITH 'EM.

OBVIOUSLY THEY'RE SUPPORTIVE OF THIS IF THEY'RE, IF THEY'RE, IF THEY'VE SIGNED A, A LEASE WITH THIS PARTICULAR LI TENANT, THEY'RE NOT HERE OBJECTING, I DON'T THINK.

OKAY.

YEAH, I MEAN MY MY UNDERSTANDING IS, IS THAT, UM, YOU KNOW, THE, THE OWNER OF THE PROPERTY IS INTERESTED IN FILLING SPACE, CORRECT? RIGHT, RIGHT.

AND THE TENANT HAS INDICATED THAT THIS IS WHAT THEY WANT FOR THEIR BRANDING WITH THEIR FACILITY.

UM, AND THEY HAVE A DESIGN GUIDELINES BOOK THAT THEY HAD TO PRESENT TO THE TOWNSHIP FOR REVIEW WHEN THEY'RE GETTING ORIGINAL DEVELOPMENT APPROVALS, THIS DEVIATES FROM THAT DESIGN BOOK.

SO THEY PRETTY MUCH TOLD THE TENANT, WELL, YOU KNOW, IF YOU GUYS WANT TO DO THAT, YOU NEED TO COME TO BOARD OF SUPERVISORS, YOU GET THEM TO GRANT A WAIVER.

UM, I THIS IS TOTALLY UP TO YOU GUYS AND THAT'S THE, THAT'S THE COLOR.

IT'S NOT GONNA THAT IS CORRECT.

IF WE CHANGED, DOES A WAIVER GET CHANGED SPECIFICALLY TO THE COLOR SO IT CAN'T TURN AROUND PURPLE? THAT'S WHAT I'M ASKING.

YEAH.

THE WAY THAT MAKE CONSISTENT WITH THE EXHIBITS YET.

YEAH, THE WAY THAT THE RESOLUTION IS DRAFTED, IT HAS TO BE CONSISTENT WITH THIS DOCUMENT, WHICH IS ATTACHED TO THE RESOLUTION.

SO, SO THE WAIVERS SPECIFIC TO THIS PURPLE, IF CLUB STUDIO MOVES OUT, THEN THE NEXT RESIDENT WOULD BE A DIFFERENT WAIVER IF THEY WANTED TO PAINT IN PURPLE, RIGHT? YES, THIS IS SPECIFIC TO THAT APPLICATION.

THEY COULD GO BACK TO THE OTHER EXISTING PALLET FOR TOWN CENTER AND THEY WOULDN'T NEED A WAIVER OR ANYTHING LIKE THAT.

BUT IF THEY WANTED TO DO SOMETHING DIFFERENT THAN THIS KIND KIND OF WASHED WHITE, I THINK IS WHAT THEY DESCRIBED AS THEY WOULD NEED TO COME IN AND DO SOMETHING.

YEAH, JUST MAKING SURE THEY DON'T APPROVE SOMETHING DOWN THE ROAD LIKE TOM, I LIKE THAT.

IT'S PRETTY HOW BILL M ANY OTHER QUESTIONS? ? NOPE.

ALL RIGHT.

I'LL MAKE A MOTION TO ADOPT A RESOLUTION 2026 DASH 34 APPROVING

[00:45:01]

WAIVERS FROM SECTION TWO 70 DASH 70 J AND K FOR CLUB STUDIO IN THE PROVIDENCE TOWN CENTER.

I'LL SECOND THAT.

ALL THOSE IN FAVOR? AYE.

AYE.

MOTION PASSES.

THANK YOU.

GOOD EVENING.

NEXT IS THE, UM, OR AUTHORIZING THE SOLICITOR EXECUTE BOARD ASSESSMENT APPEAL SETTLEMENT AGREEMENTS FOR THE FOLLOWING PROPERTIES.

APPLE NINE, PENNSYLVANIA BUSINESS TRUST ON 600 CAMPUS DRIVE AND MFS PROVIDENCE, LLC AND A BS PROVIDENCE, LLC ON SOUTH COLLEGEVILLE ROAD.

ALRIGHT, UM, THANK YOU MAD CHAIR.

UH, DO YOU RECALL THE PAST WE'VE ADDRESSED THESE TYPES OF TAX ASSESSMENT APPEALS BASED ON THE PROPERTY OWNERS HAVE FILED AN APPEAL FROM A DETERMINATION BY THE BOARD OF ASSESSMENT, UH, AS TO WHAT THEIR PROPERTY IS VALUED AT.

UH, THE TOWNSHIP GENERALLY DOES NOT TAKE AN ACTIVE ROLE IN THESE APPEALS.

UH, THE SCHOOL DISTRICT IS USUALLY THE, THE PARTY THAT'S LITIGATING THESE AND THEY GO AND HAVE A, AN APPRAISAL PLAN AND, YOU KNOW, DETERMINE WHAT, UH, YOU KNOW, WHAT WHAT'S WORTH FIGHTING OVER IN COURT AND WHAT'S NOT WORTH FIGHTING OVER IN COURT.

UH, THESE ARE TWO RATHER LARGE PROPERTIES.

UM, ONE IS THE TOWN CENTER PROPERTY AND ONE IS, UH, OVER ON CAMPUS DRIVE NEXT TO, UH, WHERE LENNAR HAD BEEN PROPOSING THE, THE ASSISTED LIVING OR NOT ASSISTED LIVING, THE AGE RESTRICTED FOR AGE PREFERENCE COMMUNITY DEVELOPMENT, WHO THERE'S AN EXISTING OFFICE BUILDING ON THAT PROPERTY.

UM, BUT ANYWAY, THE BASICALLY THROUGH THE LITIGATION BETWEEN THE PROPERTY OWNERS AND THE SCHOOL DISTRICT, THEY REACHED THESE SETTLEMENTS.

UM, ESSENTIALLY THE SCHOOL DISTRICT HAD THEIR APPRAISAL PREPARED, UM, AND THEY KIND OF NEGOTIATED WHERE THE NUMBER WAS GONNA FALL.

UM, SO THIS WOULD JUST BE AUTHORIZED ON THE TOWNSHIP TO SIGN OFF ON THOSE, UH, SETTLEMENTS.

SO THE SCHOOL BOARD REALLY GOES TO EACH ONE KIND OF FIGHTS THAT BATTLE.

IT IT FOR US IN A WAY.

'CAUSE IT AFFECTS US TOO.

IT AFFECTS YOU, BUT IT AFFECTS THE SCHOOL DISTRICT A LOT MORE.

UM, YOU KNOW, WHERE IT MIGHT AFFECT THE TOWNSHIP IN TENS OF THOUSANDS OF DOLLARS, IT WOULD AFFECT THE SCHOOL DISTRICT IN HUNDREDS OF THOUSANDS OF DOLLARS.

SO THERE'S MORE INCENTIVE FOR THEN TO LITIGATE OVER THESE ISSUES.

UM, YOU KNOW, IF YOU'RE, IF YOU'RE GONNA SPEND $60,000 TO GET $10,000 MORE IN TAXES, THAT'S PROBABLY NOT A GOOD BUSINESS DECISION.

HOW MUCH IS THIS GONNA AFFECT THIS ME NOW ZACH? UM, SO THE 600 CAMPUS DRIVE, IT WILL BE A REDUCTION OF, LET'S SEE, ABOUT $10,000 A YEAR IN TAXES.

UM, AND IN THE TOWN CENTER PROPERTY WILL BE ABOUT $18,000 A YEAR IN TAXES, LITTLE BIT MORE.

AND THEN THERE WILL BE, THE TOWNSHIP WILL HAVE TO REIMBURSE, UH, SOME OF THE PREVIOUSLY PAID TAXES FOR ABOUT 24,000 BACK TO THE BEGINNING OF THE YEAR.

THEY'VE ALREADY PAID THEIR TAX BILL FOR THIS YEAR AND THE TOWN HAS TO SIGN ON TO REIMBURSE THEM FOR MONEY THAT THEY'VE ALREADY PAID WAS BASED ON THE HIGHER ASSESSMENTS, THE SCHOOL BOARD BECAUSE THEY'RE DEALING WITH BIGGER, BIGGER PROBLEMS THAN THE OR.

ALL RIGHT, I'LL, I'LL MAKE A MOTION TO AUTHORIZE THE SOLICITOR TO EXECUTE BOARD OF ASSESSMENT APPEAL SETTLEMENT AGREEMENTS FOR THE FOLLOWING PROPERTIES.

APPLE MINE, PENNSYLVANIA BUSINESS TRUST 600 CAMPUS DRIVE AND MFS PROVIDENCE, LLC AND A BS PROVIDENCE, LLC, SOUTH COLLEGE BOARD ROAD.

I SECOND.

ALL IN FAVOR? AYE.

ALL OPPOSED? OPPOSED.

MOTION PASSES.

NEXT RESOLUTION 2026 SLASH 35 AUTHORIZING THE SUBMISSION OF A-C-F-A-M-T-F GRANT APPLICATION FOR WALNUT STREET RECONSTRUCTION PROJECT.

WE'LL TAKE THAT.

AWESOME.

I'LL START BY THEN.

I'LL HAVE THE JIM GET INTO THE SPECIFICS.

UH, THIS IS, WE'RE WORKING WITH DOWNTOWN, PUTTING IN A GRANT APPLICATION, UH, FOR THE C-F-A-M-T-F.

WE'VE BEEN PRETTY SUCCESSFUL ON THESE GRANTS.

UH, THE GRANT RANGE IS FROM A HUNDRED THOUSAND TO 3 MILLION AND UH, THIS IS, UH, WE, WE DECIDED, UH, THAT THE, THE WALNUT STREET, UH, RECONSTRUCTION PROJECT QUALIFIES BECAUSE OF SOME OF THE STORM WATER MITIGATION.

UM, THAT'S IN THERE.

AND WE HAVE A DEADLINE, UM, OF, UH, THE END OF THIS MONTH AND I KNOW TRENT FROM DELTA HAS BEEN WORKING JEN ON REFINING THE SCOPE.

IF YOU WANNA GO A LITTLE BIT MORE DETAIL.

SURE.

THIS WOULD BE FROM WALNUT STREET FROM UM, 29TH DOWN TO JUST PAST CANAL, UM, TOWARDS THE CHURCH AREA.

AND IT'S JUST REDOING ALL THE FRONTAGES.

SO IT'S, UM, RECONSTRUCTION OF THE ROAD ITSELF, PUTTING IN, UH, CONSISTENT CURB REVEAL, REPLACING THE SIDEWALK UP TO PEOPLE'S HOMES

[00:50:01]

OR PORCH TUBES IN THERE.

WE ARE EXTENDING, WE'RE REPLACING AND EXTENDING THE EXISTING CORRUGATED METAL PIPE, WHICH CURRENTLY CONVEYS THE REGIONAL BASIN OUTFLOW, UM, ACROSS TO THE CANAL.

WE'RE REPLACING THAT WITH FOR, UM, CONCRETE AND WE'RE GOING TO EXTEND IT ON THAT SIDE SO THAT WE CAN ADD SIDEWALK THAT'S MISSING ON THAT SIDE OF, UM, WALNUT STREET AND MAKE A CONNECTOR IN THERE.

HOW MUCH IS THAT OVERALL PROJECT? SO WE HAVE A DRAFT, UH, COST ESTIMATE TODAY AND UM, THE REVIEW THAT I SAW WAS ABOUT 1.6 MILLION AND WE'RE GOING FOR THIS GRANT, THE GRANT GIVE US, WELL WE'RE GONNA ASK FOR THE FULL, I THINK WE'RE GONNA ASK FOR THE FULL.

OH, WE MIGHT AS WELL ASK.

WE CAN GET UP TO 3 MILLION SO I AGREE.

NICE TO GET THAT.

UH, I'LL MAKE A MOTION TO ADOPT RESOLUTION 2026 DASH 35 AUTHORIZING THE SUBMISSION OF A CFA SLASH MTF GRANT APPLICATION FOR THE WALNUT STREET RECONSTRUCTION PROJECT.

I'LL SECOND THAT.

ALL THOSE IN FAVOR? AYE.

ALL OPPOSED.

MOTION PASSES.

OKAY, NEXT ON THE AGENDA, UM, LORI HIGGINS HAS OFFICIALLY RESIGNED AS A TALENTED REPRESENTATIVE ON THE LOWER PERM AND VALLEY SEWER AUTHORITY, EFFECTIVE JULY 14TH, 2026.

YOU WANNA SAY THANK YOU TO LAURIE FOR, FOR SERVING AS THE REP ON THAT BOARD.

UM, WE HAVE FORMER TOWNSHIP SOLICITOR AND OPERA PROVIDENCE TOWNSHIP RESIDENT JOE RESTON AS, UM, OFFER CHIEF OF LAUREN VACANT FIVE YEAR TERM THROUGH DECEMBER, 2029.

UM, WE BELIEVE JOE WILL BRING A LOT OF INSTITUTION MEMORY TO THIS ROLE.

I HAVE A MOTION TO NOMINATE JOE TO THIS POSITION.

FIRST OFF, JODY, HAVE A LOT OF TIME OFF.

YEAH, BACK IN.

YEAH.

I'LL MAKE A MOTION TO, UH, APPOINT JOE BRESNAN AS THE REPRESENTATIVE TO THE LOWER PERFUME AND VALLEY SEWER AUTHORITY TO FULFILL A VACANT TERM THROUGH DECEMBER, 2029.

I'LL SECOND.

ALL IS IN FAVOR? AYE.

ALL OPPOSED MOTION PASSES.

AND THEN ADDITION TO THAT BOARD, UM, LORI WAS ALSO ON THE MUNICIPAL AUTHORITY BOARD.

UM, AND SO WE LIKE TO NOMINATE JOE TO FULFILL A VACANT TERM ON THE MUNICIPAL AUTHORITY THROUGH DECEMBER, 2028.

JUST TO CLARIFY, LORI WANTS TO STAY ON AS MUNICIPAL AUTHORITY, BUT WE HAVE AN EXISTING, OH, WE HAVE ANOTHER VACANT.

OKAY, SO LORI'S STILL ON THAT.

GREAT.

OKAY.

SO IF JOE HAS EXISTING KNOWLEDGE OF STORMWATER FEE LITIGATION, UM, FROM THE CASE SUPREME COURT, UM, CASE, SO I THINK HE WOULD ALSO BE AGREED ON THAT BOARD.

I'LL MAKE A MOTION TO APPOINT JOE BRESNAN AS A REPRESENTATIVE TO THE MUNICIPAL AUTHORITY TO FULFILL A VACANT TERM THROUGH DECEMBER, 2020.

I'LL SECOND THAT.

ALL THOSE IN FAVOR? AYE.

AYE.

ALL THE OPPOSED THE MOTION PASSES AND WE HAVE A RESOLUTION 2026 SLASH 36 ACCEPTING A DEED OF DEDICATION OF RIGHT OF AWAY FOR 2 4 6 HANER ROAD.

I CAN TAKE THAT ONE.

UM, SO, UH, 2 46 HAVNER ROAD.

THIS IS A MINOR SUBDIVISION, UH, AS PART OF THE SUBDIVISION FROM ONE LOT INTO TWO LOTS.

UH, THEY AGREED TO DEDICATE, UH, THE PORTION OF THE ROADWAY, UH, THAT IS IN HALF THE ROAD, BASICALLY FROM THE MIDPOINT OF THE ROADWAY OUT TO 20 FEET.

UM, BASICALLY DEDICATED TO THE TOWNSHIP IN THE EVENT THAT ONE INSTALL SIDEWALKS OR SO THIS IS JUST, UH, ACKNOWLEDGING ACCEPTANCE OF THIS.

A SPECIAL WARRANTY DEED.

FEEDING THAT PORTION OVER THE TOWNSHIP IS REALLY QUICK.

I'M SORRY, DID YOU SAY SIDEWALKS THOUGH? WE PUT SIDEWALKS IN OR I DON'T KNOW IF THERE ARE ANY EXISTING SIDEWALKS.

I THINK IT'S JUST THE, THIS THE ONE WHERE IT WAS LIKE TWO SMALL TO HAVE THEM PUT A SIDEWALK IN, SO WE WERE JUST GONNA GET THE PROPERTY.

UM, THIS WAS ONE EXISTING RESIDENTIAL LOT ON HANER ROAD.

IT'S DOWN FROM, UM, I THINK IT'S CALLED COUNTRY RIDGE ESTATES IN THERE.

COUNTRY RIDGE ESTATES PORTION DOES HAVE SIDEWALK IN IT ENDS PRIOR TO THIS DEVELOPMENT AND THEN, UH, ONE SINGLE FAMILY HOME WAS BUILT.

THEY'RE NOT PUTTING IN CURB AND SIDEWALK ALONG THERE.

THERE WAS AN EXISTING, UH, RIP WRAP DRAINAGE DITCH, WHICH THEIR DRIVEWAY HAD TO CROSS.

SO THOSE WILL BE THE ONLY IMPROVEMENTS AS OF TODAY.

OKAY, I'LL MAKE A MOTION TO ADOPT RESOLUTION 2026 DASH 36 ACCEPTING THE DEED OF DEDICATION OF RIGHT AWAY FOR 2 4 6 HANER ROAD.

I'LL SECOND.

ALL THOSE IN FAVOR? AYE.

ALL DE OPPOSED.

MOTION PASSES.

AND THEN WE HAVE RESOLUTION 2026 DASH 37 ACCEPTING TRAFFIC SIGNAL EASEMENT FROM CU PROCUREMENT WAS PROPERTY OWNERS ASSOCIATION.

[00:55:01]

UM, I CAN TAKE THIS ONE AGAIN.

UM, THIS IS A, A, AN EXPANDED TRAFFIC SIGNAL EASEMENT, UH, AT THE INTERSECTION OF COLLEGEVILLE ROAD AND CUMAN BOULEVARD.

UH, WE HAVE AN EXISTING SMALLER EASEMENT THAT'S BEING SUBSUMED WITHIN THIS EASEMENT, UM, TO CREATE A LARGER ONE THAT'S NECESSARY FOR INSULATION OF TRAFFIC CLAIM.

I'LL MAKE A MOTION TO ADOPT RESOLUTION 2026 DASH 37.

ACCEPT ACCEPTING A TRAFFIC SIGNAL EASEMENT FOR PERFUME AND WOODS PROPERTY OWNERS ASSOCIATION.

NUMBER 61 DASH 2 3 9 3 5 2.

I'LL SECOND ALL THOSE IN FAVOR.

A ALL OPPOSED MOTION PASSES.

OKAY, SO NEXT ONE, THE AGENDAS SOMETHING A LITTLE BIT DIFFERENT.

UM, I BROUGHT TO THE BOARD TO CONSIDER APPOINTING A NON-VOTING STUDENT REPRESENTATIVE TO SIT ON THE BOARD.

UM, THIS IS BE AN OPPORTUNITY TO PROVIDE PERSPECTIVE FROM THE YOUNGER GENERATION IN OUR COMMUNITY, UM, WITH THE HOPE OF SERVING ONE YEAR.

AND THEN WE WOULD, UM, APPOINT ANOTHER NON-VOTING STUDENT REP.

UM, I WOULD LIKE TO NOMINATE SAMAR, SORRY, I'M GONNA SAY YOUR NAME PROBABLY WRONG.

UH, MANGO TO SERVE AS THE TOWNSHIP'S NON-VOTING STUDENT REPRESENTATIVE TO THE BOARD SUPERVISORS FOR ONE YEAR.

UM, HE'S A UPPER PROVIDE RESIDENT, UM, AND A SOPHOMORE AT SPRING FORD HIGH SCHOOL WHO HAS DEMONSTRATED ACADEMIC EXCELLENCE, LEADERSHIP AND A STRONG COMMITMENT TO SERVING HIS COMMUNITY.

HE'S ACTIVELY INVOLVED IN MANY THINGS INCLUDING STUDENT CAST COUNCIL.

HE'S ON THE NATIONAL ARMY SOCIETY, THE SCHOOL NEWSPAPER INVOLVED IN THE RED CROSS AND OTHER SERVICE ORGANIZATIONS AND HAS ALSO EARNED NUMEROUS ACADEMIC AND LEADERSHIP HONORS.

SO I'M CONFIDENT HE WILL BRING FUL INSIGHT AND VALUABLE PERSPECTIVE TO OUR BOARD, UM, FOR THIS YEAR.

AND THEN HOPEFULLY WE CAN CONTINUE THIS IN THE NEXT COUPLE YEARS.

UM, I KNOW TIM ASKED IF YOU WANTED TO COME UP AND INTRODUCE YOURSELF, SO IF YOU WOULD LIKE TO FEEL FREE PLEASE.

UM, HELLO EVERYONE.

UH, FIRST AND FOREMOST I'D LIKE TO THANK THE BOARD FOR THIS OPPORTUNITY AND ALLOWING ME TO LIKE, HAVE AN IMPACT AND SERVE ON THE TOWNSHIP AS A STUDENT REPRESENTATIVE.

I HOPE TO SERVE AS THE BRIDGE BETWEEN THE STUDENTS AND THE BOARD, ALLOWING MYSELF TO BECOME A BENEFICIAL VOICE FOR COMMUNITY AND TOWNSHIP.

I'VE SEEN FROM THIS MEETING ABOUT MANY CONCERNS ABOUT THE YOUNGER GENERATION AND FROM MY POSITION, HOPEFULLY I CAN SOLVE SOME OF THOSE AND BUILD SOME SOLUTIONS.

THANK YOU.

THANK YOU.

YOU UM, SO HOW, I DON'T KNOW.

I THINK YOU SIT BACK, I DUNNO.

OR OVER HERE NEXT TO TIM, WE'LL PUT IN JEFF'S SEAT.

SINCE JEFF'S NOT HERE.

BUY SEAT.

YEAH.

UNTIL WE CAN, WE CAN MAKE IT WORK MORE.

PROVIDENCE HAS A SIMILAR PROGRAM THAT THEY'VE BEEN RUNNING FOR SEVERAL YEARS AND I REMEMBER WHEN WE VISITED IT SEEMS LIKE A REALLY, IT'S A GREAT IDEA.

UM, AND WE, I THINK THERE'S ALSO POTENTIALLY A STUDENT ON THE PARKS BOARD OR THERE WILL BE SO THINGS, IT'S A GOOD IDEA TO GIVE PEOPLE INVOLVED.

YEAH.

SO, ALRIGHT, I'LL MAKE A MOTION TO APPOINT MARTHA MANAL AS A NON-VOTING STUDENT REPRESENTATIVE TO THE BOARD OF SUPERVISORS.

I'LL SECOND.

ALL IN FAVOR? AYE.

AYE.

ALL OPPOSED.

MOTION PASSES.

WELCOME.

WELCOME.

YEAH, .

[CONSULTANT REPORTS]

OKAY.

AND YOU GO HAVE ANY MANAGER DEPARTMENT HEAD RECORDS TONIGHT? WE HAVE, I BELIEVE YOU DO HAVE ONE, ONE.

JUST COMMENT.

THIS WASN'T REALLY ON OUR DOCKET AND WE ARE PLANNING A WORKSHOP NEXT WEDNESDAY.

I THINK THERE WAS, UH, INITIALLY, UH, I THINK WE WERE LOOKING AT, CHERYL HAD IT ON THE COUNTERS THIS WEDNESDAY AND THAT'S JUST NOT GONNA HAPPEN.

.

SO WE'RE LOOKING AT MAYBE NEXT WEDNESDAY AND SUBJECT, UM, WILL BE STARTING A VERY HIGH LEVEL DISCUSSIONS IN 2027.

WILL WILL BILL BE BACK BY EARLY? WE, WE WEREN'T ABLE TO MEET IN JUNE.

WE WEREN'T ABLE TO MEET IN JUNE, SO I NEXT WEEK? YEAH, MARIA WILL BE, WILL BE IN NEXT WEEK.

WE'LL, SO WE'LL START THE BUDGET DISCUSSIONS.

TIM.

HIGH, HIGH LEVEL.

OKAY.

UM, CONSULTANT REPORTS.

IS THERE AN ENGINEERING CAPITAL PROVEN PROJECT PLEASE? UH, THE, UH, ROAD PROJECT A IS FINALIZED AND ROAD PROJECT B IS, UM, SCHEDULED TO BE COMPLETED IN MID AUGUST.

I YOU, UM, ITEM 15, CONSIDER APPROVING THE MONTHLY DEVELOPER IMPROVEMENT GUARANTEE REDUCTION LIST, ER FOR BILL'S RULE.

MOTION TO APPROVE.

I'LL MAKE A MOTION TO APPROVE THE MONTHLY DEVELOPER IMPROVEMENT GUARANTEE REDUCTION LIST AS FOLLOWS, PROVIDENCE

[01:00:01]

LANDING RELEASE NUMBER 15, FINAL $215,508 AND 6 CENTS.

RELEASE CONTINGENT ON RECEIPT OF THE MAINTENANCE BOND OF $121,700.

AND B EMORY MANOR, RELEASE NUMBER THREE, $302,383 AND 62 CENTS $746,984 AND 38 CENTS REMAINING IN SECURITY.

I'LL SECOND THAT.

ALL THOSE IN FAVOR? AYE.

ALL OPPOSED.

MOTION PASSES.

ZACH CU SOLICITOR, NO REPORT THE CITY.

ANY OTHER SUPERVISOR COMMENTS? NO COMMENTS.

ALRIGHT.

SO

[UPCOMING EVENTS]

I WILL LIST THE UPCOMING EVENTS.

THERE IS A BOARD SUPERVISOR WORKSHOP SCHEDULED FOR NEXT WEDNESDAY, JULY 29TH AT SIX O'CLOCK.

UM, AND THEN OUR NEXT BOARD SUPERVISOR MEETING WILL BE AUGUST 17TH AT 7:00 PM AND THEN WE HAVE A SEPTEMBER 21ST BOARD PRESENT MEETING AT 7:00 PM THE PLANNING COMMISSION MEETING IS SCHEDULED FOR AUGUST 5TH AT 7:00 PM THE AGENDA ITEM IS HREG, COLLEGEVILLE MF, THAT MEANS, BUT, UM, AUGUST 19TH, THE 7:00 PM THE ITEM IS PROVIDENCE SELF STORAGE, PHASE TWO REVISED VINYL AND S CAR WASH FINAL AND THEN MIDNIGHT ROAD NINE LOT SUBDIVISION.

UM, THE EAC MEETING IS SCHEDULED FOR SEPTEMBER 16TH AT FIVE 30.

PARKS AND REC HAS A MEETING ON AUGUST 12TH, UM, AT 6:00 PM MS. AUTHORITY MEETING IS SCHEDULED FOR AUGUST 6TH AT 7:00 PM THERE ARE NO CURRENT ZONING HEARING BOARD MEETINGS.

AND AGAIN, THE TRAIL WORKSHOP IS ON JULY 28TH AND THERE WILL BE ONE IN SEPTEMBER.

LET'S HAVE TO BE SCHEDULED.

SO I HAVE A MOTION TO, I'LL MAKE A MOTION FOR ADJOURN.

I'LL SECOND.