WEBVTT 1 00:00:04.139 --> 00:00:09.839 Alright, alright I got it. 2 00:00:09.839 --> 00:00:15.329 I can't get a motion to approve the minutes. March. 23rd, 2022, take a motion. 3 00:00:15.329 --> 00:00:18.359 Okay, 3rd, all in favor. 4 00:00:18.359 --> 00:00:23.280 Post some old Jack adoption of policies. 5 00:00:23.280 --> 00:00:29.910 So, Laura, and I have been going back and forth, um, with some of the. 6 00:00:29.910 --> 00:00:32.969 Policies and, uh. 7 00:00:32.969 --> 00:00:44.189 Some of the things that the that weren't on our website, um, I've been working with the companies to get their redacted applications. 8 00:00:44.189 --> 00:00:49.530 Uh, back when Laura will be putting together the various, uh, resolutions. 9 00:00:49.530 --> 00:00:54.270 So, on there on the website, we'll have to. 10 00:00:54.270 --> 00:01:01.140 Put the inducement resolution secret resolution, final resolution. 11 00:01:01.140 --> 00:01:13.349 Uh, statement of findings, things like that. So, you know, we've got a bunch of work to do to put all that because I put a whole stuff up onto the website also. But, um, so. 12 00:01:13.349 --> 00:01:21.689 We are kind of rounding home with that. I've got probably 75% of the applications back from everybody. 13 00:01:21.689 --> 00:01:27.569 We have until Laura had put together a letter for me to send to the state. 14 00:01:27.569 --> 00:01:33.930 Or extend extending, because again, there's just myself, you know, I'm just trying to wrangle all this stuff together. 15 00:01:33.930 --> 00:01:41.099 Along with Laura does a great job helping me. Um, so, uh. 16 00:01:41.099 --> 00:01:48.329 You know, again for 2 to that point, we're kind of putting it all, you know, what needs to be done. 17 00:01:48.329 --> 00:02:01.739 The policies that we have that I sent out to you, and that's why I, you received the resolutions. I'll try to work with the Adobe to put everything into, like, 1 accurate. 18 00:02:01.739 --> 00:02:08.729 Because we need to put the board packets so, whatever I'm sending to you in the emails, in essence, needs to be. 19 00:02:08.729 --> 00:02:19.349 Into the, uh, onto the website also. So, uh, and I had sent these to you, uh, the conflict of interest policy, the property acquisition policy. 20 00:02:19.349 --> 00:02:30.360 So those need to be approved. Um, the procurement policy is more just designating and then as the acting chairperson chairman. 21 00:02:30.360 --> 00:02:33.840 Um, as the procurement officer. 22 00:02:33.840 --> 00:02:42.930 So that's the only change that needs to take place on that policy in particular. And then, uh, so we'll need approval of those. 23 00:02:42.930 --> 00:02:47.400 And then I laid out with, uh, laura's. 24 00:02:47.400 --> 00:02:52.500 Uh, assistants the different, uh, the finance audit and governance committees. 25 00:02:52.500 --> 00:02:58.379 So, again, the finance will, you know, we don't, we typically don't have so much activity. 26 00:02:58.379 --> 00:03:08.125 That were that we, you know, the finance officer who was our chairperson is buffer, uh, that we have meetings a couple, few times a year. 27 00:03:08.425 --> 00:03:16.314 So, we decided is that the finance group will meet finance committee will meet in September to approve the budget. 28 00:03:16.620 --> 00:03:20.639 Okay, so that's what they're, you know, at least right now that's what they're functional do. 29 00:03:20.639 --> 00:03:26.430 Both the audit and governance, so the audit we know what understand what that is. 30 00:03:26.430 --> 00:03:32.430 The governance is all the public authority documents, so then is head of the audit. 31 00:03:32.430 --> 00:03:46.914 Uh, Mark, you're ahead of governance. So we'll do that in that late March meeting where I can get the audit finally from from the auditors and then approve all the different documents and all the reports and all that. So that's 1 of those groups will meet. 32 00:03:47.185 --> 00:03:49.705 Um, I've already been on to the website to. 33 00:03:50.009 --> 00:03:54.689 Uh, basically puts me these dates in here are some of the committee structures and stuff like that. 34 00:03:54.689 --> 00:03:59.099 So, again, right now we're looking to get approval of the conflict of interest. 35 00:03:59.099 --> 00:04:07.560 The property acquisition policy and again, Ben is the officer for the procurement side of things. 36 00:04:07.560 --> 00:04:10.650 Laura or Linda, anything to add on that. 37 00:04:13.379 --> 00:04:22.620 Not unless there are any questions any questions though no. Yeah, Linda should we do them individually? Or is the whole. 38 00:04:22.620 --> 00:04:26.848 I think you drew myself. Okay. 39 00:04:26.848 --> 00:04:30.119 And I get a motion to approve the conflict of interest. 40 00:04:30.119 --> 00:04:35.639 Policy the property acquisition policy and the procurement policy officer. 41 00:04:35.639 --> 00:04:41.218 Finance audit and governance committees and board member occupations. 42 00:04:41.218 --> 00:04:44.848 John, so I got a 2nd. 43 00:04:44.848 --> 00:04:49.319 I'm all in favor for some of. 44 00:04:49.319 --> 00:04:55.528 Uh, the recap for policy is, uh, is in the docs already is in the least backup agreement. 45 00:04:55.528 --> 00:05:01.079 Um, so I, we don't necessarily need to improve it because it's already part of what we do, but it is, uh, I did. 46 00:05:01.079 --> 00:05:07.348 Uh, Laura actually pulled it out and then so it, it stands on its own and it's already on to the website. Yep. 47 00:05:08.428 --> 00:05:19.528 John spark. Okay Johnson, we need to consider a final authorizing resolution relating to the Johnson park green living LLC facility. 48 00:05:19.528 --> 00:05:34.288 Approving financial assistance in the form of a pilot agreement for 30 years, which financial assistance as a deviation from the agency's uniform tax exemption policy, and authorizing the form and execution of related documents all in the agencies. 49 00:05:34.288 --> 00:05:40.079 Customer reform subject to counsel review. Okay, this is the housing project. 50 00:05:40.079 --> 00:05:46.673 Correct low income housing. Yep. Almost homeless in particular. They'll have a community center. 51 00:05:46.944 --> 00:06:01.494 I think they're looking to create 7 jobs at the center and There'll be they have a number of lots that they're probably under utilized around their campus. So that's where they started this. 52 00:06:01.494 --> 00:06:05.153 I don't know I don't think so. Now they're, they're waiting on the, um. 53 00:06:05.428 --> 00:06:10.199 I think on under financing and credits and so on. Okay. 54 00:06:10.199 --> 00:06:14.338 Okay, can you get him a motion to consider. 55 00:06:14.338 --> 00:06:18.028 Final authorization resolution move. 2nd. 56 00:06:18.028 --> 00:06:22.408 I got all in favor aye posts so we'll. 57 00:06:22.408 --> 00:06:25.949 Okay, they're just manufacturing. 58 00:06:25.949 --> 00:06:33.298 Again, here to consider a final authorizing resolution relating to the storage manufacturing company, ink. 59 00:06:33.298 --> 00:06:38.218 Facility improving financial assistance in the form of exemptions from sales tax. 60 00:06:38.218 --> 00:06:49.439 Which financial assistance is consistent with the agency's uniform tax exemption policy, and authorizing the form of execution of related documents on the agency's customer reform subject to council review. 61 00:06:49.439 --> 00:07:03.983 And again, they're only getting the sales tax exemption from us for the construction and expansion of their facility. Uh, perhaps some additional equipment that they'll need. Most manufacturing equipment is a tax exempt by nature. 62 00:07:05.093 --> 00:07:16.283 It'll take a look at you, you already know this stuff. That's why those things are wrong all the time. 63 00:07:17.639 --> 00:07:27.389 Do every day, but then when you're looking at other equipment, uh, it could be computers the desks. 64 00:07:27.389 --> 00:07:32.908 Chairs, you know, other operational type of equipment, uh, is it what would be taxable. 65 00:07:32.908 --> 00:07:45.478 And they didn't need mortgage financing, correct? No, no. Okay. No, they're no pilot either. They're really just kind of expanding into some into a building that they have. 66 00:07:45.478 --> 00:07:48.959 Restructuring part of their, you know, whether they're. 67 00:07:48.959 --> 00:07:56.069 Flow through, you know, process and, uh, renovating a building to, uh, to do it. Right? 68 00:07:56.069 --> 00:08:04.259 1 of the things I wanted to point out is that, as we have done with the a lot of the manufacturers. 69 00:08:04.259 --> 00:08:14.309 And because this is basically a 1 off type of, uh, project that the, uh, the admin fee is, would only be a 1000 dollars. 70 00:08:14.309 --> 00:08:23.218 So, we've, we've done that for months and machinery and, uh, but then duty, but it's, uh, hence dropped. 71 00:08:23.218 --> 00:08:26.218 You know, for the 900 last week. Good. 72 00:08:26.218 --> 00:08:33.418 Okay, they get a motion, consider the final authorizing resolution for searches manufacturer, make a motion. 73 00:08:33.418 --> 00:08:37.109 Okay, yeah, all in favor post. 74 00:08:37.109 --> 00:08:43.769 Almost 311 main Laura we're okay. To to for the secret resolution, correct? 75 00:08:46.048 --> 00:08:51.928 For 311 yes, you provided us the, uh. 76 00:08:51.928 --> 00:08:56.578 The action that the planning board took. 77 00:08:56.578 --> 00:09:05.068 I just wanted to confirm that's children's museum though. Correct? Children museum again the, the project in general is. 78 00:09:05.068 --> 00:09:09.328 Uh, turning it into a, uh, living facility. 79 00:09:09.328 --> 00:09:23.754 And then market rate, and everything there That'll be on the 1st floor and then There'll be building an addition where that that train was on the side of the building. Oh, yeah if you have driven by lately, you'll see that. 80 00:09:23.754 --> 00:09:28.823 The area is totally cleaned out. Obviously, the, the trains on the track is when they send the train. 81 00:09:30.178 --> 00:09:36.568 That, I don't know, I forgot. Somebody told me about what, like, who owns it. 82 00:09:36.568 --> 00:09:42.178 And then you saw, I had to go back to where we're, you know, it's it's 1 of the ones, I guess. 83 00:09:42.178 --> 00:09:48.239 So, for this, the expanding, like the restaurant, or they're going all the way up with the addition. 84 00:09:48.953 --> 00:09:57.774 No, it's just going to be kind of like a, an outside, uh, oh, yeah, but I, it's blessing closed and stuff like that. 85 00:09:57.953 --> 00:10:05.813 So There'll be an additional for the building, perhaps some open air, you know, type of training also. And then again, the, uh. 86 00:10:06.208 --> 00:10:15.658 With the, uh, because it's a historic building a lot, not much of the prevailing wage if any will apply. 87 00:10:15.658 --> 00:10:21.389 Uh, to the to their projects, so, again, prevailing the approved prevailing wage. 88 00:10:21.389 --> 00:10:32.668 Uh, earlier this year on all projects that are above 5Million dollars and where the public benefit to the project. 89 00:10:32.668 --> 00:10:40.979 Is 30% or more so whatever the pilot would be the sales tax exemption mortgage recording. 90 00:10:40.979 --> 00:10:45.928 But then also, if they, uh, got a CFA. 91 00:10:45.928 --> 00:10:51.389 From the state, if they got any other type of state funding than all of that. 92 00:10:51.389 --> 00:10:55.259 Goes into that part of that 30%. So if there are. 93 00:10:55.259 --> 00:11:02.129 7Million dollars, but the benefits total 29% then Pre prevailing wage would not apply. 94 00:11:02.129 --> 00:11:10.259 Okay, if it's 31%, then it does apply. So we're trying to be creative, uh, for some projects on. 95 00:11:10.259 --> 00:11:14.308 What what what we can do to kind of offset some of that. 96 00:11:14.308 --> 00:11:29.278 So, if need be, because it's a store that doesn't fall under the prevailing, there are certain criteria and I, I will send it out to you just so you have an idea um, a kind of a, a checklist, if you will of what? Yeah. 97 00:11:29.278 --> 00:11:36.298 Low income housing, tax, credit projects, such as, like, olsten that they, they won't get hit with the, uh. 98 00:11:36.298 --> 00:11:40.828 Uh, with the, with the prevailing wage, um. 99 00:11:40.828 --> 00:11:54.749 Historic projects, so there's various projects that kind of can fit in, but it it's it is tight. Uh, some businesses are just going, or yeah, businesses are just saying, okay, we're just gonna we're gonna go without it. 100 00:11:54.749 --> 00:11:59.399 And they're kind of taking their chance. Right? So, I don't know what the States, uh. 101 00:11:59.399 --> 00:12:04.678 You know, come back on that is, do they, can they stop the project. 102 00:12:04.678 --> 00:12:08.519 Um, just, you know, you know, give us the, the. 103 00:12:08.519 --> 00:12:19.859 Income numbers for everybody, and then, you know, then do the, the prevailing further respective, the carpenters, the steel workers, the masons, whatever it may be. 104 00:12:19.859 --> 00:12:28.259 So, again, consider a final or a secret resolution relating to the 311, main street holdings support. 105 00:12:28.259 --> 00:12:31.288 Hey, a motion hello 2nd. 106 00:12:31.288 --> 00:12:35.519 A, 2nd, on favor both so. 107 00:12:35.519 --> 00:12:48.688 In business okay. Job monitoring. I had sent out the sheet here. I don't know if anybody brought it and then I also sent out the letters that I had received, or the emails. 108 00:12:48.688 --> 00:12:56.818 From the respective businesses just kind of going down just on my list here for those that are in red. 109 00:12:56.818 --> 00:13:07.828 Which would so we, we have a unwritten rule. I think that if a company meets 85% of their goal, so, if they're supposed to create, we'll see. 110 00:13:07.828 --> 00:13:11.369 A 100 jobs, and if they created 85. 111 00:13:11.369 --> 00:13:14.609 Then they would be satisfactory with with our group here. 112 00:13:14.609 --> 00:13:20.938 So, those that are in red, which are not at 85%, I'm just kind of kind of read down and. 113 00:13:20.938 --> 00:13:26.038 Uh, fill you in just a little bit. So the Stanley is at 44%. 114 00:13:26.038 --> 00:13:29.129 But because of the, uh, the the, uh. 115 00:13:29.129 --> 00:13:34.259 Tax exempt nature of that project when they use the new market tax credits. 116 00:13:34.259 --> 00:13:42.688 They needed to form a for profit entity that owns the property so that so, even though they're at 44% of their. 117 00:13:42.688 --> 00:13:53.009 Their goal that they stated that project was really never about the job creation. It was just trying to help the Stanley because they were in this situation with the credits. 118 00:13:53.009 --> 00:13:58.198 So, we've never really harped on them or or. 119 00:13:58.198 --> 00:14:07.109 You know, put the needle to 167 C. street is the Jimmy John's and, uh. 120 00:14:07.109 --> 00:14:12.418 Is it? Which would thank you Westwood. That'll do too. 121 00:14:14.484 --> 00:14:28.014 Received the letter they're at 67% and in there, she stated that because of the covet, and just trying to get people to work back into the restaurant or in the, uh, the market, the fresh market that they have. 122 00:14:28.014 --> 00:14:31.884 Then they're they're a little down quantity. And, uh. 123 00:14:33.479 --> 00:14:36.509 Preston pyramid sent a letter. 124 00:14:36.509 --> 00:14:42.298 And in there, he states that the, uh, uh, the the federal government had pulled the number of. 125 00:14:42.298 --> 00:14:53.129 Uh, issued contracts from them, so, if they're pulling the contracts, and they just, you know, they have to let people go because there's just no work for them than to do what percent of that. 126 00:14:55.764 --> 00:15:09.984 Yeah, 29% so it's considerably down. Uh, they were down last year and he had the same issue that again that they had signed deals with the government for various contracts and the, uh, the government just. 127 00:15:10.948 --> 00:15:17.489 Just all of a sudden just pulled them and said, no, we're not, you know, and then they sent it all overseas. 128 00:15:17.489 --> 00:15:21.149 So, you know, for some of this work, so I, you know. 129 00:15:21.149 --> 00:15:31.408 Again, it's the pleasure of the board of what you want to do. Is there enough reason to call back or is it you just give them time and hopefully they'll. 130 00:15:31.408 --> 00:15:42.599 Uh, you know, start to, to grow, get additional contracts. I, I talked to Preston and he does state that he's, they're going after contracts all the time time. 131 00:15:42.599 --> 00:15:46.739 In which case, then they would call your additional employees. 132 00:15:46.739 --> 00:15:58.438 Or get back up to where they're compromise was last the globe mill. They do have the people that are working in the building itself. 133 00:15:58.438 --> 00:16:05.908 For the the residential section, but the commercial space has not been released yet. 134 00:16:05.908 --> 00:16:10.528 Now, we, we with loss, it is a 30 year. 135 00:16:10.528 --> 00:16:17.068 Uh, project, you know, 30 or pilot, so we have a lot of time or more time than. 136 00:16:17.068 --> 00:16:23.908 Most for, uh, waiting for that job, those jobs to be created in that space to be filled. 137 00:16:23.908 --> 00:16:36.208 So, I'm sure that it will be filled. It's just they haven't found it yet. Is it ready to go? They just have at least it is, uh, their signs on the building. I was actually going to call the guy that I was dealing with. 138 00:16:36.208 --> 00:16:49.974 For the company he had since left. Mm. Hmm. So he gave me a couple of contact numbers trying to re, dial and find somebody is a little tough but, um, you know, I get through when I, when I can just ask them about the space. 139 00:16:49.974 --> 00:16:53.634 But again, they just don't have anything yet. How's their residential. 140 00:16:54.719 --> 00:16:58.408 They're doing well, I think they had a number of, um. 141 00:16:58.408 --> 00:17:01.889 Uh, you know, uh. 142 00:17:01.889 --> 00:17:10.949 Because, you know, people were acting up or doing whatever or just not paying the rent, you know, during the code. 143 00:17:10.949 --> 00:17:21.989 So, they're, they're dealing with it just like, you know, any other landlord what I can get a number on that, you know, just for for this board. And so I will ask about that. 144 00:17:26.939 --> 00:17:41.638 The next 1 on the list here is 268 and a C street. There was a letter or an email furnish. The restaurant has opened, but obtaining employees is a challenge. It looks like we can all go to work there if we wanted to. Right? 145 00:17:41.638 --> 00:17:54.118 Right, yeah, there's just not a ton of people there and Francis is very, uh, you know, just, you know, for an example they used to go to lunch over it. Um. 146 00:17:54.118 --> 00:18:03.419 Ocean blue. Okay. They don't have much anymore because they just don't have the people during the day. So they only open at 4 o'clock on the number of days that they actually are working. 147 00:18:03.419 --> 00:18:14.638 The other is Slocombe Dickson is at 0, but the project is it finished 9,100 Lakers not finished, nor is. 148 00:18:14.638 --> 00:18:18.148 Or the which is the empire. 149 00:18:18.148 --> 00:18:22.108 Um, get you the bath building. Oh, okay. 150 00:18:22.108 --> 00:18:27.568 On the corner there and you took the travelers is not completed either. 151 00:18:27.568 --> 00:18:34.798 So, that's that's the list that I have, as far as those that are under the 85. 152 00:18:34.798 --> 00:18:39.028 So, you know, should we monitor or more. 153 00:18:39.028 --> 00:18:42.959 Frequently then once a year, and the ones that are in on it I agree with. 154 00:18:42.959 --> 00:18:49.138 Yeah, I mean, I definitely can the numbers that I get from here are from the annual report that I send out. 155 00:18:49.138 --> 00:19:00.209 So that's yeah, it's just a convenient way that I'm always, you know, able to track and I have that vehicle, but for these in particular, you know, I'll make it a, a quarterly. Yeah. 156 00:19:00.209 --> 00:19:03.628 Colvin can be the booking man for just not. 157 00:19:03.628 --> 00:19:08.548 Can't be the booking man forever. Yeah, no, no but again, it's it's, you. 158 00:19:08.548 --> 00:19:23.519 Yeah, but, I mean, I understand because again, if I'm looking at, for example, ocean blue, and they had a robust lunch, but now they don't have it at all. It's because he can't find employees and, you know, it goes for that restaurant where you can find in place. 159 00:19:23.519 --> 00:19:37.284 Plenty of employees just as long as they apply, right? Yeah, yeah. That's that's always part of the issue. Yeah. Sent me and told me the other day. They finally found 3. yeah. It stayed more than 3 weeks. Yeah. 160 00:19:38.124 --> 00:19:40.134 And why do people at work? I don't know that. 161 00:19:40.858 --> 00:19:53.878 It's in every industry, you can't find people who work. It's really just collecting. I mean, they can't get enhanced and it's gone. Yeah. All of that is going regularly. 162 00:19:53.878 --> 00:20:00.959 Yeah, yeah, yeah, yeah, no, you know, for example, and it's not just in the restaurant industry. 163 00:20:00.959 --> 00:20:14.334 Uh, Austin, Mohan, they make the, you know, the down in the easier to go business part, they make, uh, kiosks so it could be the, the announcer booth over at the at the high school stadium or college stadium. 164 00:20:14.483 --> 00:20:16.374 It could be where the guard sits. 165 00:20:16.588 --> 00:20:22.138 It could be the while they kind of taken away, but the toll booth type of concept. 166 00:20:22.138 --> 00:20:27.419 And he he says that he can't get forklift operators. 167 00:20:27.419 --> 00:20:39.148 Uh, uh, an accountant, you know, I mean, he has a list of 5 or 6 jobs, and he says because of Goldman, I just can't, you know, there's, there's just nobody applying for the generals. 168 00:20:39.148 --> 00:20:52.919 And it's a totally different industry. Think about accountants and forklift operators. They're not minimum wage, right? No I mean, it's no, no. And there is nothing but minimum wage. Well, no, and they're all they're, they're all probably around. 169 00:20:53.034 --> 00:21:07.703 18 to 20 dollars. Yeah. So it's just it's like Linda said, it's just tough to get employees in January. They all live in their parents basement. I mean, do you want to get us advantage? Right? Yeah. 170 00:21:08.243 --> 00:21:09.233 Put the answer in care. 171 00:21:09.808 --> 00:21:14.429 So, again, you know, I will do the quarterly reporting. 172 00:21:14.429 --> 00:21:20.638 So, I'll ramp that up. Yeah and what the progress is maybe, uh, quarterly. We can get an update on the. 173 00:21:20.638 --> 00:21:35.513 You know, on the ones that are below, we're fine. We don't need to hear about. Okay, we could not to beat a dead horse. Can we get criticized by the state for not taking action? Um, I'll defer to my counsel to see if they have any thoughts. 174 00:21:35.544 --> 00:21:49.344 Um, you know, I think it's, it's up to the board if, if we believe that the, what they sent us and told us, you know, are reasonable and and honest and what their their issues are. 175 00:21:50.759 --> 00:21:54.388 But counsel any, any thoughts. 176 00:21:54.388 --> 00:22:05.278 It's generally good at the discretion of, of of the board. There might be a portion that's mandatory recapture. 177 00:22:05.278 --> 00:22:12.179 But I think at this point, I don't think I, I haven't heard the state stepping in. Um, I think because of. 178 00:22:12.179 --> 00:22:17.909 You know, I mean, everybody's got an excuse I don't know how much longer that's going to going to hold up, but. 179 00:22:17.909 --> 00:22:31.318 For the last couple of years, I mean, numbers that haven't been met primarily, you know, they blame cobit and there hasn't really been an issue, but generally the board takes a look at everything and and, um, it set the board's discretion. 180 00:22:32.878 --> 00:22:35.999 Um, if I could just also wait and. 181 00:22:35.999 --> 00:22:41.159 If you take a look at your recapture policy. 182 00:22:41.159 --> 00:22:52.763 There are certain conditions that the board agrees to review. Um, 1 of them is an evaluation of industry trends. 183 00:22:53.304 --> 00:23:05.034 Another is a loss of a supplier or customer natural disasters. So the board is obligated to review these. 184 00:23:05.459 --> 00:23:09.358 Companies under its policy, um. 185 00:23:09.358 --> 00:23:21.179 And, you know, the company has the opportunity to present its case and the board agrees to use certain criteria to determine if a valid exemption exists. Um. 186 00:23:22.199 --> 00:23:32.308 Based on the letters that were provided, I think you could probably take a look at these conditions and determine whether or not they meet 1 of these. 187 00:23:32.308 --> 00:23:37.618 Exemptions. 188 00:23:37.618 --> 00:23:50.159 Voluntary and said they lost a big contract, right? So, yeah, I mean, that falls under their national disasters, the covert national disaster type of issue, you know, it is we need to keep, you know. 189 00:23:50.159 --> 00:24:03.953 Beating a dead horse, when it says it is, it is what it is, and they're still talking about it. Yeah, unemployment is still high, but it's, you know, they always point to that number elective. Yeah, exactly. They always point to that number is, you know, there are jobs out there. 190 00:24:03.953 --> 00:24:07.493 It's just those are the 8 or 9% of people. They just don't care at work. Right? 191 00:24:08.128 --> 00:24:12.058 Yeah, it is. 192 00:24:12.058 --> 00:24:20.038 Yeah, especially like you said, to me, these jobs aren't being offered at minimum wage, you know, it'd be 20 dollars an hour working at price job right now. 193 00:24:20.038 --> 00:24:23.189 40,000 dollars a year. Yeah. 194 00:24:23.189 --> 00:24:29.848 I mean, not that that's a lot of money shelf. stockers far cry from what it used to be. Right? 195 00:24:29.848 --> 00:24:32.999 Yeah, absolutely. 196 00:24:32.999 --> 00:24:38.729 So, if the board is, if the board is in agreement, we work with Chad. 197 00:24:38.729 --> 00:24:51.509 To prepare letters to each of the companies that just explains that the board has reviewed their letters, taken it under under advisement, reviewed its recapture policy. 198 00:24:51.509 --> 00:24:59.669 Um, and, you know, let them know its determination, whether you've decided to defer. 199 00:24:59.669 --> 00:25:07.259 Recapture at this time and request that they submit quarterly reports. 200 00:25:09.778 --> 00:25:17.969 That makes sense. That's a great idea. Excellent. And I'll come up with some type of, uh, a quick form that they can sign off on and. 201 00:25:17.969 --> 00:25:21.538 Adjust to it now. 202 00:25:21.538 --> 00:25:27.719 You can monitor it going forward? No, probably just a, a motion. 203 00:25:27.719 --> 00:25:30.749 To approve our. 204 00:25:30.749 --> 00:25:35.098 And then with the letter and stuff like that, and then quarterly. 205 00:25:35.098 --> 00:25:40.469 The motion to approve the writing of the letter to the people who are behind and the. 206 00:25:40.469 --> 00:25:44.848 Parole on the call back at this time, make a motion. 207 00:25:44.848 --> 00:25:48.419 2nd, all in favor I post. 208 00:25:48.419 --> 00:25:52.288 So, um, that is it for me. 209 00:25:52.288 --> 00:25:56.638 Hang on, I don't or, um, then. 210 00:25:56.638 --> 00:26:03.868 Could you have them approve the minutes? I think we skipped over there the minutes of March. 23rd. 211 00:26:03.868 --> 00:26:08.098 Well, we did that. Did you do it? Okay. All right. Yeah. 212 00:26:10.078 --> 00:26:13.499 And Jack's got it as, but that's here. Okay. 213 00:26:13.499 --> 00:26:16.499 All right. 214 00:26:16.499 --> 00:26:22.618 Yeah, did you put a date on this spreadsheet of when the project was approved or initiated. 215 00:26:22.618 --> 00:26:27.509 Um, yeah, I think it's some of the people who are. 216 00:26:27.509 --> 00:26:31.949 Behind they're still, you know, early in the in the game, right? 217 00:26:31.949 --> 00:26:37.618 Okay, they're older I can take a closer look at. Yeah, I agree. That's a good point. 218 00:26:37.618 --> 00:26:43.048 All good whenever we, uh, like, closed on it or something like that it. 219 00:26:43.048 --> 00:26:46.169 Yeah, yeah. Okay. Okay. 220 00:26:46.169 --> 00:26:56.759 Yeah, we're not very young. 221 00:26:56.759 --> 00:27:05.308 That'd be good. 1st and 2nd but sorry. Yeah. Okay. I got it. Thank you John. You appreciate it. 222 00:27:05.308 --> 00:27:08.519 Told you about a half an hour? Yeah. Good. 223 00:27:09.538 --> 00:27:15.058 Okay, what exactly how far, but I was at 5 minutes right? Sorry about that. 224 00:27:16.499 --> 00:27:18.720 I will.