Redevelopment Commission - Regular Meeting

We're a lot closer. A couple years ago, the ladies granted the prosecutor six six employees that we had to take back. Oh, really? How much of the budget is operational? All of it. Of the discretionary stuff that we use, it's all Yeah. Yeah. That doesn't count that general fund. That doesn't count the CCD and stuff. That's the capital. Okay. Yeah. I'm not talking about And we stuck to our guns pretty much. No new employees and 3% raise. It's all about the 3% raise and we've been trying to do a hiring freeze for a couple years. We're getting it down to what? One or two. How many county employees do you have? I last I heard I think there was like 365. That might have been part-time, too. Most of those are at the highway department. No. No. Sheriff's big one. 911's a big one. Sheriff's a big one. I don't know. There's probably one or two others. There's a lot in this building, too. It's all the courts. It's everybody. They have several buildings now full of people. Yeah. And the county is growing like a weed. The weights and measure guy came yesterday and he says they're building gas stations all over the county. These huge ones he's got quit if you get a BIES cuz he had like a thousand. Yeah, they have a lot of but he will have to buy him new equipment and probably hire part timeers just to maintain the gas station every make sure that when you buy gas you're getting a gallon closest I've heard of is because they know of to do but you know yeah that all righty I'm not sure Okay. All right. It's uh 8:00. I'd like to

call to order the um uh meeting of um what is today? July 10th for the redevelopment commission for Hancock County. Um the first item on the agenda is to approve the minutes. Okay. I'll make a motion that we approve the minutes for June 12th, 2025. Second. Thank you. We have a motion and a second to approve the minutes. Uh all those in favor say I. I oppose the same and the motion passes. Good deal. Um second on the agenda would be um Jacob Everett from Courses Strategies. Is they are they here yet? Um let me get them on here. If not, we can move along and come back. I don't see him, Cindy. Okay. So, we'll we'll keep going if we can get him any time in in the meeting. Um I'm not 100% sure why they're other than forformational purposes why they're coming to RDC first anyway. Um but um um Gary, I don't want to hold you up for your sunbathing. Um you've done you've done a bangup job with your sunbathing. I can see. Um, go ahead, Gary. Okay, so if you can see the the list up here, uh, Amplified drain installation. I've taken over some of that from

Amplify. Trying to do it through my nasium on the uh the way that contract set up was going to be like $900,000. I've taken that over, just made it a regular a regular project, which is going to be closer. Those bids will come in on the 15th. This will be paid through through brew. was removed that expense from this board here and transferred it to my uh bridge account and it's going to be more like $250 or $300,000. I'm going to investigate that a little bit in the future. Everybody thinks the um these all delivery methods are the best, but I'm I'm kind of oldfashioned. I do like the good old fashioned let's bid it out and we get good prices. So, we'll we'll do a after action review on that. Uh but the good news is we're going to save about $500,000 and the RDC is going to be saved about $900,000. So, that's good. I just want you guys to keep in mind the work you're doing has mattered. You probably saw this some other things. Our uh poverty rate is at 5.7% on the most recent um government data here. Indiana's is 11%. And I want you guys to keep in mind 13 years ago it was 16%. So, there's been a market improvement in poverty through within the county. A lot of that's targeting jobs towards the population that we have. Um, a lot of people it's it's economic it's a redevelopment commission so we're redeveloping the people we already got and that's important. Uh, so everybody should feel good about 5.7%. I mean less poor people is always good. Um, Cumberland Cemetery Repair. I just want everybody to know that. So I know this job's frustrating so make sure you know that it is doing some good. Cumberland Cemetery stream repair that is coming up. We've already got $300,000 appropriated for it. Chad got the final quote. uh he did a good job. It's going to be 294 or something. And so just keep that in mind. I think he's going to try to get that built this year. If he doesn't get it built and and it'll come

a bill into this RDC. Um if he doesn't get it built this year, um we'll have to roll it because I didn't put it in the budget for next year. We'll have to just encumber it and put it into next year. So just keep that in mind. That'll be a little bit of a weird one that comes in. Uh that's the cemetery up in Cumberland. There's a stream on the north side of it and all this development is compromised a little bit. This is going to get it fixed. Um I don't know where Jacob is, but I will try to bring him in on this. I know he's just he's going to go to the council and the commissioners, but this meeting just happened to go first. So, he's just going to give you guys a heads up to it and talk about what he was going to ask for, but he knows he's got to talk to the council and commissioners first. So, he's going to give you guys a heads up. Jacob, can you hear us? Hi, Cindy. Can you hear me? Yes. Yes. Yeah. Jacob, go ahead. You are live in our meeting. Oh, great. Great. Well, thank you. Can you Are you guys able to see me or you just can hear me? Just can hear you. Understood. Okay. So, if I share my screen, can you see that, Cindy, or no? Able to. Yes. Okay. Uh, all right. You want me to go ahead? Sure.

Let me get my screen up here. All right. Can you guys see this? Yes. Okay, great. All right. Good morning. Thanks everybody for allowing me to to join the meeting. Uh sorry I can't be there with you in person. I'm actually out of town and uh unable to be there, but I appreciate the opportunity to speak today. Um my name is Jacob Everett. Um I'm a adviser based in central Indiana um working in economic development projects um around the country and um Satator Properties has uh asked me to help them uh with this project that they're looking at um in Hancock County. So appreciate the opportunity to talk to you all today. um m began discussing this project with some folks in Hancock County about six months ago. Um I know we spoke to uh Randy Sell and his team back at the I think early early this year and then uh also uh been in conversations with Gary um about this project and how we can and make this a benefit to Hancock County. Uh so just a little a little bit about the developer. Um, and Cindy, I don't know, did you give did you give them a copy of that document I provided as well? Yes. Okay, great. So, um, a lot of what you'll see in this brief presentation is also in that, uh, document that Cindy, uh, shared with you as well that we put together. Um, devel developers been around in, uh, commercial real estate

investment and development for about 20 years. Um, they've done development projects in a number of states around the US. Um, it's a family-owned company and and um, uh, the primary uh, management folks sit in Chicago and then um, they have somebody in London as well that kind of drives the organization. Um, and they're uh, interested in the central Indiana market and and like the opportunities that uh, Hancock County uh, presents for this type of uh, development. The site that uh we're talking about today um is just east of uh the McCordsville Town limit. Uh you can see it there highlighted. Um it is uh currently under control by the developer um they do not own the parcel yet, but they have been working with the current property owner um under a uh purchase agreement and they're in a due diligence period um on the site. Uh you can see the current uh zoning is IBP. Um as as you all know um there are a lot of um flexible uses in that space uh or in that zoning category. Um from industrial to a lot of different types of commercial uses as well uh which is a really good fit for uh what this de uh what this project is uh seeking to serve in the marketplace. Um there's no changes requested or really contemplated at this time. Um we think the zoning is a really good fit for what what the type of property that is envisioned here is. This is a uh a draft site plan of of kind of what's contemplated here. here. I think the the big thing to note which is which is obvious is um

that this project intends to bring a different type of product to the Hancock County market. um instead of, you know, a very large single building or a couple large buildings, this really contemplates um a collection of of smaller and midsize buildings that are really intended to uh be m multiple tenants in each building. So, um obviously anything can happen. Um but the the concept is that really all these buildings will most likely be occupied by uh multiple multiple tenants and a variety of industries again across that spectrum of you know light industrial commercial um a variety of of business types. And again we expect most of those businesses to be you know really small businesses a lot of local businesses you know maybe some entrepreneurs that that you know need you know 5,000 square feet or things like that. So, variety of uses, variety of tenants, which we think will be a really good fit and uh and be welcome um by the community. Construction, you know, again, uh really a high quality product that is visually looks clean and and modern. Um again, you'll see just based on the concept, um more more kind of divided spaces, right? So, a lot more entryways than you would see on a typical large industrial building. and and again that's due to the the multiple tenants that are envisioned for each structure. Um I'm going to stop there. Um I don't know if if Mitchell Kirk is in the room. I think he he was maybe going to make some comments on behalf of the uh economic development group. Um but happy to answer questions about kind of the concept um or the vision what the developers you know kind of looking to do at a high level. So these are all spec buildings.

Yeah, that's correct. Um no specific tenants yet. Um and again um we would expect um a number of of various tenants to ultimately occupy the entire property. Do you have a construction schedule yet or a closing date for the ground? Yeah. So, um we're we're trying we'd like to get to a closing date, you know, here in in the next couple of months. Um and, uh as it relates to TIFF, we are and that's I can go through kind of our proposed structure here. Uh but we are um we we're requesting kind of anou structure with the county if we can uh get to a framework on a tiff that would allow us to proceed with closing. um here in the next couple months and then we could um finalize kind of the tiff process later in the year. Um and then construction timelines. Um let me um I think it's in your packet. I'm trying to find my notes here. Yeah. So this this this has um construction starting um by the end of 27. um he hasn't been to the commission. The the intent would be for the intent would be to start um before that but but no later than the end of 27 construction would start. Okay. So um just a couple u things for us. Of course you haven't been to the commissioners yet. Uh that's right. Yeah. Or the council. And I'm assuming this project um the success of this project would determine if the county was willing to uh use your tax dollars to pay for infrastructure. That's right. Yeah.

Right. And so um really I mean um the RDC is um is going to be third on that list uh right you know before before we would make any decisions or anything but we will be involved at some point if if the uh the rest of the government deems it so because because of that agreement for the for the for that. So, um, hang on. But, um, um, and there's a lot of due diligence that we would ask Gary to do traffic and traffic and stuff like that. Um, you know, ahead of time. Uh y but uh I read in one of the papers that you were going to ask us to sign anouou and really until the commissioners and the council have had time to uh um you know give their blessing to we probably won't be doing that uh ourselves cuz we're we're um not a board of elected officials even though a couple of us are. This is not an elect, you know, normal. We're not a a a majority board of elected officials, right? Yeah, understood. Yeah. Um yeah, I've been working with Randy Zorell, um in terms of getting in front of those bodies, um to kind of, you know, get their feedback as well. Um, from a timeline perspective, um, again, it kind of comes down to what the timeline uh, looks like in terms of meeting schedules, but um, would it would you guys consider obviously with the blessing of your legal counsel anou that, uh, if you guys approved it prior to like being approved by the commissioner of the council, didn't really take effect until they ratified it. um if that was necessary

just from a timing perspective. Uh no, I I don't think that's possible. I mean, we've never done that uh with any of the other projects um and um that's came in or whatever. And there's going to be a a ton of decision-making stuff, you know, um because they're going to go through how many empty buildings we already have and what the traffic flow is for that area and what roundabouts that's going to create and um and all the things, especially since there's no real tax revenue coming back to the county or the tiff district. It's all going to be for infrastructure. they're going to have to weigh if that infrastructure is worth um you know um worth for that project uh and that type of stuff. So um yeah, I mean I I just want to be realistic with you. Um we've done this a thousand times and we've never the RDC has never stepped in front of the other entities. It is a little it is a little quicker because there isn't a a zoning issue or anything like that. Yeah. Yeah. But there is a whenever you do these bonds um whenever you do a bond like that that um that the revenues are guaranteed to um it it uh it definitely has to go through the uh um the council and the commissioners first. Yeah. Yeah. Understood. We understand that nothing can happen without their approvals ultimately. So we understand that. Yeah. and the two of us sat on the council. So, I mean, um it, you know, it it is I guess it is nice to get get it out there and get it in the public and things like that, but uh um you know, that's um that's just the the nature of the beast out there right now. Sure. Yeah. I know and that's again the wanted

to take the opportunity this morning to at least give you all some exposure to uh to the project and the concept and and again um you know the tiff is part of it but the the bigger project is obviously you know uh trying to bring this product to Hancock County. So any other questions about kind of the proposed type of development or the site plan or anything like that? So, no no specific uh excessive needs for water, electricity, right? Or any of those things, right? Just normal stuff. No. Yeah, that's correct. Yeah, we don't really anticipate any, you know, crazy uses on uh utilities. Okay. And um I'm assuming since they're smaller structures, there's not a rated semi per hour load or something like that, you know. Um Right. Okay. Right. That's the things we're most sensitive to is how many big trucks we got to get where and and how many that type of stuff. So, Jacob, um what what kind of what do you think the lease up period will be? Have you guys considered that? Yeah, we've got uh we've got the total kind of construction phased out over um a three-year cycle basically. So starting north and then working south. Um obviously as some of the space is absorbed. Um again this is a very different type of space than what's currently in the market. Um but uh we think there will be strong demand for you know these smaller you know spaces. And so yeah we we're we're anticipating you know somewhere between 24 and 36 months to kind of develop north to south. Um, any other questions from the board? Probably anything?

No, I I agree with Kent. I also sit on the council with Kent and um we always want to follow our protocol which is the commissioners and then council and then RDC. Sure. Okay, understood. Thank Thank you though for for giving us heads up. Yeah. Yeah. Appreciate appreciate the opportunity. Yeah. Appreciate the opportunity to get this in front of you all and hope we can continue the dialogue. Well, Jacob, I have a question. Yes, this Gary. Um, I talked to you about making sure we had a good one pager laying out the revenue impact to the county. Let's make sure we have that for the council because they're going to want to know and that's their job to make sure they know what's in it or the county. So, make sure they have a good breakout of, hey, you do this project, here's what the revenues look like, here's what's here's the projects you get, here's the money you get. Just make sure that's very clear because I've been doing that in the past. We're trying to get to a point where we're having the developer get all that stuff done for us. So, I've got some estimates on that, Gary, that I can share with you and you can take a look at them and see what you think. Well, just just make sure that it's very clear so the council can see it and the commissioners can see it because their job is to make sure what's in it for the county. Yeah, understood. Yeah. Yeah. Yeah. Thank you. All right. Thank you, Jacob. All right. Appreciate your time, everybody. Thank you. Thank you. Thank you, Gary. Um, uh, I'm sorry we cut you off, Gary. Kind of mid-stream, so uh, can you finish? Oh, sure. Sure. Let me, uh, go back share my screen. And we did um initially pass the um allocation funds from the TIFF yesterday at the budget meeting. Yes. So, and one item from that that's important. Remember, I'm keeping $4 million for the council members and I'm keeping $4 million of additional capital in Q Bridge, which normally I wouldn't

keep that much. I'd usually build a bridge with it. Um the reason I'm doing that, we are really tight cash flow-wise next year, which we knew. So, I'm making sure we have some money in making sure we have some money in that cambridge the loan the tip district if we need to. So, just keep that in mind. Okay. Um, no worries. So, I believe the last thing I was talking about was the uh the next big I guess it's not a huge project, but next project we have underway is the Cumberland Cemetery Stream Repair. Uh, we plan for $300,000. It's already appropriated. Uh, Chad's got that done. should be about $290 some,000. So, it's a little bit under. So, that's good. That'll fix some flooding and make sure that we don't have coffins floating through the redevelopment district, which is good. Terry, that's McCordville, not not Cumberland. McCordsville. Yes, correct. Sorry. And secondly, in the spring is when our we have a bunch of big projects hit. We'll have the SE segment of 300 North between 600 West and 700 West will be launching. I'm working on a grant to try to get two additional million dollars for that. Um, but if we don't get that, that puts us in a real tight spot. So, we'll Ann and I are working pretty hard on that right now. Um, everything else is granted, but we're trying to get two two additional more and then Amplify about mid year we'll have to start take we'll run out of bond and we'll be finishing that up with TIFF collections. So that is the main items we have going on right now. But yes, your budgets were approved yesterday by the council. You have two council members sitting there that can tell you that. Uh so everything should be good to go. It's worth noting though that the biggest part of that I think next year is the um is the money spent from Accordsville. Um because yeah, they have 3.1 million for a roundabout up and there's two, right? Because that was the question

asked. what was the big expenses for? And it was for prior for prior uh commitments to McCordsville for helping them with 600 West. So yeah. Would you like me pulled up? Hold on here. That's what's choking us right now. But uh Well, I mean there's a bunch of big Amplifi 4.75. The 300 North is five. Mccorsville's 3.1. Um, we're just doing a lot of work right now, which if you drive up there, it'll be quickly apparent to you. Yeah. Because you get to look at it for a while because it's busy. Uh, council got to get it done. Yeah. And like I said, our accidents, we have zero fatalities in the last 12 months, and I'm hoping to get through the whole year without zero fatalities. Not very many counties at all can say that. Especially when you got a 5.7% poverty rate to go with it. I mean that we're doing our jobs, guys. So, we should, you know, we're not perfect, but Well, apparently people not dying is good and people not being poor is good. You're not talking about the state roads or the interstates. Just counting roads. I can't help them. I know. So, if you look here, here's our RDC 4616. You can see we're in the red here because my working capital goal is really low. Now, if you look, I'm spending $16 million. And I've only got $300,000 of flex. That is so tight. Like that is really really tight. I'd rather have 1.5. I like to have a 10% buffer, but we we don't have any buffer. Um that said, if I get these grants put away, that'll that'll fluff that up to about two 2.2. And I think I'll get them, but I can't count them till I got them. All right. Um but you can see here in Cune Bridge where I've kept a big a big buffer just in case because I'm a nervous Nelly. And that that's for that legal drain improvement to get the drainage from

Amplify. Does that also um take in consideration the other acreage that the county owns there? No, this is just our current program in place. So I'm hoping I'm pulling the $900,000 ramp was a surprise. We weren't planning on that. So I pulled that out of the RDC into bridge. Um this is an addition to that if something else goes wrong. Oh, I'll have another several million dollars to cover it. But that's if something else goes wrong at Amplify or anywhere in our RDC. Yeah, I was going Amplify is so far gone now. I mean, so far in that there's always in construction, Kent, there's always something. I'm just nervous about that. So, I I wanted to make sure there was a plan B. Right. Well, my job is to make sure you guys have options. Yeah. And it and it was the um direction of the council and commissioners to not bond for a penny more than we had to um you know at the during the bonding process. So any any basic emergencies or anything like that we were we were going to fund with um with cash and stuff like that so that uh to keep the bond down as as tight as it could be. Yeah. So here you can see we did this last last meeting but you can see like here's $340,000 going to the sheriff for his people. There were some small changes of this last meeting but nothing big bond and payments attorney. This will probably lower this year because we don't have uh nor going on right and it's worth noting there's this there's the fire department here and then here's the different project department the the commitment to the fire department still uphel being upheld and everything. So everything's Yeah, everything's in there. And the schools here, we got 300,000 for the school, another 110 for the sheriff. So here's the big stuff. 5 million for

segment F. That might turn into 3 million if I get some stuff done. About 5 million for Amplify, about $300,000 for the um just regular road maintenance just to make sure we're fixing edges and stuff. And then McCorville's around about 3.1 million. So you can see that here. That's the big chunk right here. Well, on this project that this San Centuri or whatever company is is um introducing and stuff, um you'll have to do your due diligence on what that's going to cause for for five West is not an improved road and six North at that intersection is not improved. Um yeah, I'm going to make them construct all that stuff for us. And basically in the past what we've been doing trying to pull up and I want them to start doing it. We we talked about this last meeting so we're not going to belabor it here but if you look at the standard uh let's pull up a standard development like what's a recent one we've done. Um yeah and don't come back to us for legal fees for that for those. Yeah. I want them to do all that work. It's time for them to do that work. Where's Yeah, we we uh in the council yesterday, we talked about the excessive amount of legal fees we're paying for projects that don't come about. I mean, it's ridiculous. Hey, Gary, we had the big one, but I agree. The uh we need to make the I want to put together a uh like a pro for Hey, you want to if you want to be out here, then you need to fill in the stuff for us. Yeah, we're going to start at any any consultation you do with our people, you' pay for Gary, that list of cost. Um, can you email that to us? Yeah, that'd be great. Thank you.

Well, and that's that is one thing about using TIFF funds because a big part of that is the extension of Aurora. So, we keep a lot of the traffic off of 500, right? Aurora is the road to 600. I mean there's 600 but there's a rural way. Isn't that McCordsville Street? That is west of there but it wouldn't be here right but the the you have to answer the question. Do we want to pay to extend it to 500 because it's coming from the west that way because doesn't own it depends if it meets our redevelopment goals or not which this board would have to figure out. And um it it it just for me personally to to not receive any tax benefit from a project because it all goes to infrastructure. Um then we have to make sure that the infrastructure we're getting is something we we really want to get. You know what I mean? If it'll enhance the other properties that you know they're in between the infrastructure we currently have. Well, and that's the issue I think with extending Aurora Way so the county can use it too. that makes the property between 500 and Aurora away that's in the county valuable too more valuable but at the same and keeps it off of the same you know as an elected official I'm saying okay I'd love to have uh manufacturing and things like that that that have uh added benefits to it income tax uh employees and things like that where these are spec buildings and um the nice thing about these buildings is the size of them. We don't have that type of product in this market. And they're doing this up in Westfield. I don't think this developer is, but there are developers doing them up there. And

well, the county turned down county turned down a project like this um twice because of the location to residential in the past. And this doesn't have that same um you know location problem, but there's just um there's a lot of people that have to be in agreement. There's seven council people, three commissioners. So what we're doing now is what you see in front of you. We just we figure out what's it going to cost because when you see a road, a road's not an asset. A road is a liability. A road can create tax revenue from things building on it, but the road itself is a liability. So when we build a road, it costs money. Yeah. We had to maintain it. So I keep track of like how many roads are impacted, how many bridges, what school districts are impacted and how, how much fire, how much populations added for fire and police and how much that costs. And then over here I put how much personal property we might get out of it, how much income tax we might get out of it, how much property tax or tip collection, how much food and beverage. I basically work a through several different like worst things happen what the average impact of a project will be. Um, and basically that's for the council and commissioner size like, "Yeah, we would do this project because we think that the greens will outweigh the reds." And I'm wanting them to start doing this because right now you're having your engineer, your CPA, and your lawyer run all this down. And uh, getting numbers like this does cost money. Um, so we're working on that. Well, I meant to ask that. That's why I told the the previous guys like I expect him to put something together like this for us and then we'll check it over. Um so they can say if you do this project you'll get X amount of money. Yeah. And I forgot to ask him I was going to ask him if there's any foreign entities involved in the company because we need to know if if there's any

countries any companies that are based in other countries. I need to know what what countries those are. he is still on. Um maybe he can answer that because I heard him say something about England. But um ever since we got burned with Smithfields, I'm I'm cuz I saw I saw this morning I saw uh somebody at the White House talking about Smithfields cuz they're owned by CCP and um so we've got to be cognizant of what com what who owns the c companies that are coming in. I shouldn't be seeing a company that is in Hancock County being talked about on a national stage about a national security risk that I voted for tax abatement for that just uh well I believe I believe the uh the guy said it Jacob he's on there still but I don't speak for him he said it was a family-owned company so I assume that family's in the US but he can he'll probably have to cover that with the council when he goes in there the Um, but that said, uh, redeveloping small business is nice like this. It's more durable and certainly I I probably want to talk to Randy about to extent. He's probably in there or not, but I'm like, we we have businesses in the county. We might want to try to add some I'd rather add one job to 50 businesses than that one one new business with 50 jobs. Um, so but anyway, that's something else in the future. We're always working on something. So, okay. Thank you. Um, everything else. Okay. Are you done with um how's 300 300 South? It's not an hard thing, but how's 300 South and 600 West going? How much longer? Uh you talking about Forville Pike? No. Well, Forville Pike just started. That one 300 South and 600 West will be open at the end of this month. So before school starts, it's on schedule and then it'll be northbound again for the rest

of the year. And then it'll be it'll be full traffic. whether or not I have to pave it again the final layer in the spring. We'll just see how to see how weather treats us. It's moving along. And Fortwell Pike's causing a terrible mess over there because the state is just dragging their feet every every day. They're screwing up State Road 9. Yeah, they had a wreck over there yesterday and it was difficult for certain people up north to get home. They had a lot of problems there last night. They had there was 50 police cars. Yeah. last night. The the main asphalt went pretty quick, but it's taking them forever to do the trim. They're there again this morning. Yeah. And yeah, it just takes a long time. I think they plan on trying to have be similar to me, be done in a couple months, but they got held up right from the get-go. They don't manage as many projects as we do, so it's it's going to take them a while. It wasn't good timing with us shutting the only other access, Fort Will Pike. Um that's 60% of the detour from nine. Uh, if you're going north. Yeah. Greenfield Greenfield couldn't wait any longer. They're going to lose their grant. Oh, well, I'm glad to know that because I got people complaining to me why they shut both roads down at the same time. So, yeah, Greenfield is running out of time because remember the state's fiscal year ends in June. They had to start it in June. Okay. Why are they running out of time? Do you know, Gary? I mean, the state fiscal year ends in June. And if you don't start spending your money on your pro, not to bore you with the administration, if you don't start spending your money on your project in the year you say you'll do it, they'll pull the money away from you. Um, so Greenfield had it scheduled for fiscal year 2024 or sorry, 2025, but 2025 for the state ends at the end of June. So they had to start at the end of June to get their purchase order active. It's just government being government, but it it it's it's the rules, so we got to play by them. It's sim like the reason we get so many grants is because we do all the

the unpleasant stuff to get our projects done on time. We do our condemnations. We do all the stuff we hate to do, but we make sure our projects are on time. And it's Greenfield is in the same boat. They're like, "Yeah, we got to start." Okay. Um Gary, I would have thought you'd have just paid these invoices out of your pocket. I've never seen 14 14,000. We'll get some bigger ones later. I mean, that's the lowest. That has to be a record. Um, so thanks, Gary. Uh, the only thing left on the general is the approval of the invoices for $14,619.94. We approve the invoices. I'll second it. All those in favor say I. I oppose the same. And any other business from the board? Ken, just just so you know, a lot you're having low billing right now because I am doing my thing and pulling money to other places to pay it from other than RDC because you're so tight. Just FYI, there is stuff going on. I know. I know. I'm just kidding. It's just that some some months it's 500,000 and the next month it's 10. So, um All right. I'd entertain a motion to adjurnn. Move for a journ. A second. Second. All those in favor I we are adjourned. Thanks Gary. Have a good vacation. This is the um the the number for that um gross if anybody wants to see it. Kind of scary that we gave him the opportunity to answer that question. He never did. No, he did not. about the foreign about the foreign entity is I I I meant to and then I got to talking and then I forgot. He was on. Yeah, he heard you.

I know the mic's on. Doesn't matter to me, but I I I watched a lady standing in the White House lawn this morning talking about and that's one of our biggest I think these guys are based out of Chicago. They just have an office, right? But I I'm going to every single company that invests in United in in us right now CCP owns 300,000 acres.