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244.02 SPEAKER2244.02 -244.02 Councilor244.02 Elsie244.42 DeBouin.244.74

245.46 SPEAKER4245.46 -245.46 Present.245.46

246.1 SPEAKER2246.1 -246.1 Councilor246.1 DePipero.246.5 Present.247.06 Councilor247.38 Garcia.247.78 Present.248.34 Councilor248.74 Hamlin.249.14 Present.249.62 Councilor249.86 Matuski.250.26 Here.251.22 Councilor252.26 Petrantonio.252.66 Present.253.68 Council254.16 Rogers?254.47

255.03 SPEAKER3255.03 -255.03 Here.255.03

255.28 SPEAKER2255.28 -255.28 Council255.28 Smith?255.68

256.07 SPEAKER4256.07 -256.07 Present.256.07

256.48 SPEAKER2256.48 -256.48 Council256.48 VanCampen?256.8 Present.257.44 And257.83 council258 president258.39 Martins?258.8

259.19 SPEAKER3259.19 -259.19 Present.259.19

259.75 SPEAKER2259.75 -259.75 10,259.75 members260.48 present,260.8 1261.19 x.261.44 MARTINS261.6 -261.6 Members261.6 present,261.83 we262.07 have262.24 a262.31 quorum.262.39 Please262.8 join263.04 us263.27 in263.44 saluting263.6 the264 flag.264.07

265.99 SPEAKER5265.99 -265.99 Pledge265.99 allegiance266.23 to266.63 the266.87 flag266.95 of267.51 United267.75 States268.15 Of268.55 America.268.71 Into269.43 the269.67 republic269.83 for270.31 which270.47 he270.63 stands,270.79 1271.51 nation271.83 under272.47 God,272.71 indivisible,273.35 liberty,274.31 and274.87 justice275.11 for275.59 all.275.75 MARTINS276.79 -276.79 Thank276.79 you,277.03 mister277.11 Clerk.277.43 For277.59 tonight's277.75 special278.15 meeting,278.47 we278.71 have278.79 our278.95 city279.13 council,279.38 we279.62 only279.78 have280.01 1280.34 item280.74 on281.13 the281.46 agenda.281.69 But282.18 before282.42 that,282.74 the283.06 chair283.13 will283.38 entertain283.54 a283.74 motion283.94 to284.25 open284.34 public284.65 participation.284.98 Second.285.78 Motion's286.57 been286.98 made287.13 and287.3 seconded287.46 to287.78 open287.94 public288.18 participation.288.5 All289.21 in289.38 favor?289.62 Aye.290.1 Opposed?290.65 The291.54 ayes291.78 have292.1 it.292.25 We292.42 have292.57 opened292.9 public293.21 participation.293.54 Each294.87 participant295.11 will295.59 have295.83 2296.07 minutes296.31 to296.63 speak.296.79 If297.11 you297.19 could297.35 please297.51 state297.83 your298.07 name298.23 and298.47 your298.63 address,298.79 and299.51 the299.75 quirk299.99 has300.47 the300.71 list.300.87 SERGIO302.07 CORNELIO302.07 -302.07 CITY302.07 OF302.07 EVERETT302.07 -302.07 Yes.302.07 The303.27 madam,304.55 president,304.87 there305.35 are305.59 17306.47 people307.83 who308.15 have308.47 signed308.71 in.309.03 Our310.75 first310.9 speaker311.23 is,311.63 I315.55 believe315.71 it's315.94 Joaquin,316.26 maybe316.99 Rivas.317.38 Is318.5 that318.59 correct?318.9 MARTINS325.46 -325.46 And325.46 if325.78 you325.94 click326.1 on326.34 the326.58 right326.74 side327.06 when327.38 the327.62 light327.78 turns328.1 green328.42 on328.66 the328.74 microphone,328.9 no.329.22 You329.38 can329.54 sit329.7 down329.86 on330.18 the330.26 couch330.58 or,330.82 if330.82 you330.98 wanna331.06 stand,331.38 whichever332.02 way334.5 you334.74 make334.82 me334.98 feel335.14 more335.3 comfortable.335.54 Just336.66 make336.9 sure337.06 the337.22 microphone337.38 is337.86 on.338.02

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777.57 SPEAKER3777.57 -777.57 Sereno?777.57

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1092.47 SPEAKER21092.47 -1092.47 Madam1092.47 president,1092.8 our1094.15 next1094.39 speaker1094.63 is1094.88 Joseph1095.12 Trujillo.1095.52 1105.75 JOSEPH1105.75 TRUELIO1105.75 -1105.75 REISENT1105.75 -1105.75 Good1105.75 evening.1105.99 Born1107.83 and1108.15 raised1108.23 in1108.47 Everett.1108.63 Name's1109.03 Joseph1109.35 Truelio.1109.67 Live1110.15 at1110.39 381110.55 Carter1110.95 Street.1111.27 Born1112.64 and1112.8 raised,1112.96 went1113.28 to1113.44 the1113.52 Bavarian1113.61 School.1114.09 I1114.57 even1114.8 worked1115.04 right1115.28 across1115.52 the1115.77 street1115.85 from1116.09 the1116.24 proposed1116.4 building1116.72 at1117.13 what1117.44 was1117.61 General1117.92 Steel.1118.24 During1119.52 that1119.85 time,1120.09 that1120.33 whole1120.57 part1120.88 of1121.2 Second1121.52 Street1121.85 was1122.16 just1122.4 pretty1122.72 much1122.88 vacant1123.13 buildings.1123.52 And1124.34 where1124.82 General1125.06 Steel1125.38 was1125.62 would1125.94 have1126.1 been1126.18 vacant1126.42 if1126.74 the1126.82 casino1127.06 hadn't1127.7 taken1127.86 it1127.86 to1128.02 become1128.1 a1128.34 mechanic1128.58 shop1129.06 for1129.22 their1129.38 vans.1129.62 We're1130.98 finally1131.14 seeing1131.54 work1131.78 being1132.1 done1132.5 on1132.74 Second1132.9 Street1133.22 to1133.46 make1133.62 it1133.78 a1133.86 much1134.02 better1134.26 place1134.5 to1134.74 go.1134.9 It's1135.3 a1135.46 lot1135.54 safer.1135.86 The1136.18 roads1136.34 are1136.66 better.1136.74 Now1137.14 that1137.3 we1137.46 have1137.62 new1137.78 buildings1137.94 coming1138.26 in,1138.5 we're1138.66 getting1138.9 money1139.14 for1139.38 the1139.54 city.1139.7 And1141.09 to1141.33 see1141.48 the1142.45 opportunity1143.16 for1143.73 affordable1143.97 housing1144.37 for1144.77 the1145.01 residents1145.16 of1145.57 Ever1145.73 to1145.97 actually1146.13 live1146.45 here,1146.68 it's1147.57 phenomenal1147.97 because1148.68 a1149.16 lot1149.24 of1149.4 us1149.48 can't1149.64 afford1149.88 to1150.21 live1150.29 here1150.53 anymore.1150.68 It's1151.09 getting1151.24 harder1151.57 and1151.88 harder.1152.05 I1153.33 can't1153.73 stress1154.53 it1154.77 enough.1154.85 It's1155.17 great1155.41 to1155.57 see1155.73 that1155.89 option,1156.13 especially1157.25 since1157.65 they1157.97 are1158.13 willing1158.29 to1158.69 provide1159.57 money1159.97 to1160.37 the1160.53 Everett1163.65 Housing1163.89 Authority1163.89 to1163.89 fund1163.97 more1164.29 affordable1164.69 housing1165.09 in1165.41 the1165.57 future.1165.65 I1166.29 can't1166.37 stress1166.61 enough.1166.93 This1167.25 is1167.41 great1167.57 for1167.81 Everett.1167.97 Thank1168.61 you.1168.85 1177.01 CORNELIO1177.01 -1177.01 Madam1177.01 president,1177.33 next,1177.8 speaker1178.53 is1178.92 Christopher1179.57 Shields.1180.29 CHRISTOPHER1189.76 SHIELD1189.76 -1189.76 RESIDENT-1189.76 How1189.76 are1190 you1190.08 doing?1190.16 My1190.96 name1191.2 is1191.36 Christopher1191.6 Shields.1192.08 I've1192.4 been1192.56 a1192.72 resident1192.88 of1193.2 Everett1193.36 for1193.76 321193.92 years.1194.4 Local1195.85 31196.24 member,1196.57 I1197.37 support1197.53 the1197.92 TIF.1198.16

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Everett.4239.6 Environmental4242.16 responsibility4242.97 is4243.69 central4243.77 to4244.16 the4244.32 proposal,4244.48 with4244.97 3,400,000.04245.2 allocated4246.24 for4246.73 environmental4246.97 remediation4247.73 of4248.21 the4248.37 site.4249.25 The4249.33 development4249.49 also4249.97 includes4250.29 a4250.61 robust4250.69 transportation4251.17 demand4251.65 management4251.97 plan4252.45 featuring4252.69 204253.81 to4254.13 $21,0004254.29 in4255.41 annual4255.57 contribution4255.89 to4256.85 the4257.01 Transportation4257.17 Management4257.89 Association,4258.37 500004259.33 dollars4260.05 in4260.29 Blue4260.45 Bike4260.69 Station,4260.93 104261.7 Thousand4261.94 Dollars4262.19 to4262.51 maintain4262.66 the4263.06 Blue4263.15 Bike4263.39 Station4263.55 annually,4263.94 over4264.59 6204264.9 bike4266.02 racks,4266.27 an4266.59 internal4266.74 EV4267.23 car4267.47 share4267.78 program,4268.02 and4268.9 a4269.06 commitment4269.23 not4269.78 to4270.02 issue4270.19 resident4270.51 street4271.23 parking4271.55 stickers,4271.94 which4272.34 collectively4272.59 all4273.86 promote4274.19 sustainable4274.59 urban4275.39 mobility.4275.78 Financially,4278.05 the4278.77 project4279.01 is4279.33 expected4279.57 to4280.05 generate4280.21 approximately4280.61 $332,0004281.33 more4283.09 in4283.41 city4283.65 tax4283.97 revenue4284.21 during4284.93 the4285.25 TIF4285.49 period4285.73 and4286.93 over4287.49 2,100,000.04288.37 more4289.73 annually4290.13 after4290.77 the4291.09 TIF4291.25 concludes4292.06 than4292.77 any4293.09 other4293.34 potential4293.57 use.4294.06 According4296.06 to4296.53 independent4296.69 analysis4297.34 by4297.81 the4297.9 city's4298.06 advisor,4298.38 CRE4299.02 asset4299.41 advisors,4299.73 the4300.94 Sofia4301.09 will4301.49 deliver4301.65 more4301.98 tax4302.22 revenue4302.45 to4302.85 the4303.02 city4303.09 of4303.34 Everett4303.49 than4303.9 the4304.14 alternative4304.3 development.4304.85 4305.83 Any4305.83 than4305.99 any4306.47 alternative4306.71 development.4307.35 Moreover,4308.63 any4311.03 alternative4311.35 would4312.15 eliminate4312.39 union4312.95 jobs,4313.35 reduce4313.83 tax4314.31 revenue,4314.63 and4315.03 fail4315.19 to4315.43 deliver4315.59 the4315.99 affordable4316.15 housing4316.55 infrastructure4317.03 upgrades4319.27 and4319.51 environmental4319.82 cleanup4320.3 this4320.7 project4320.94 guarantees.4321.34 CRE4322.78 asset4323.27 advisers4323.51 have4324.15 also4324.39 concluded4324.7 that4325.19 any4325.43 further4325.66 reduction4325.98 in4326.39 TIF4326.55 support4326.78 would4327.59 make4327.74 the4327.9 project4328.06 unfinanceable,4328.55 resulting4329.82 in4330.23 a4330.39 loss4330.47 of4330.7 a4330.86 once-in-a-generation4331.43 opportunity4331.9 to4332.55 advance4332.7 Everett's4333.02 housing4333.34 employment4333.66 environment4334.23 goals.4335.56 This4335.64 comes4335.88 at4336.04 a4336.28 time4336.36 when4336.6 the4336.76 US4336.92 and4337.08 Massachusetts4337.32 face4338.52 growing4338.92 economic4339.32 uncertainty.4339.8 According4340.92 to4341.32 mass4341.48 benchmarks,4341.72 the4342.36 state's4342.52 real4342.92 GDP4343.16 shrank4343.72 by4344.04 1.1%4344.2 in4345.08 the4345.24 first4345.32 quarter4345.56 of4345.88 2025,4346.28 while4347.36 Boston's4347.69 inflation4348.09 rate4348.49 hit4348.89 5%,4349.13 well4350.32 above4350.56 the4350.81 national4350.97 average.4351.36 Economists4353.05 cite4353.77 weak4354.16 job4354.89 growth4355.36 and4355.69 volatility4355.93 caused4356.81 by4357.13 shifting4357.36 federal4357.69 tariff4358.56 policies4358.73 as4359.69 major4359.93 concerns.4360.24 As4361.95 projections4362.27 for4362.75 state4362.99 economic4363.47 growth4363.95 remain4364.27 tepid4364.59 at4365.55 just4365.71 0.74366.03 percent4366.67 in4366.67 Q24367.15 and4367.31 1.24367.63 percent4368.27 in4368.67 Q3,4368.99 we4370.03 think4370.19 Everett4370.51 should4370.83 seize4370.99 opportunities4371.39 that4371.95 drive4372.11 inclusive4372.35 growth4372.91 and4373.23 local4373.47 resilience.4373.87 The4374.86 Sofia4375.1 at4375.43 3804375.59 Second4375.91 Street4376.23 is4376.55 not4376.7 just4376.86 the4377.02 best4377.19 possible4377.43 use4377.74 for4377.98 the4378.15 site,4378.23 it's4378.55 a4378.7 critical4378.78 investment4379.19 in4379.66 the4379.82 average4379.82 future.4380.15 Turning4382.55 down4382.86 the4383.1 TIF4383.27 would4383.59 forfeit4383.74 deeply4384.15 affordable4384.63 homes,4385.02 hundreds4385.35 of4385.66 union4385.82 jobs,4386.15 millions4386.47 of4386.78 public4386.95 infrastructure,4387.27 environmental4388.67 benefits,4389.95 and4390.27 growing4390.51 stable4390.83 long-term4391.39 tax4391.63 revenue.4391.87 In4393.39 contrast,4393.71 advancing4394.27 the4394.75 Sofia4394.91 ensures4395.47 that4395.95 ever4396.11 continues4396.35 to4396.75 grow4396.91 on4397.15 a4397.31 foundation4397.39 of4397.87 equity,4397.95 sustainability,4398.59 and4399.71 shared4399.87 prosperity.4400.19 Right.4401.97 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4405.97 SPEAKER34405.97 -4405.97 Thank4405.97 you.4406.2 Councilor4406.44 DePiro.4406.84 DIPIERRO4408.6 -4408.6 Thank4408.6 you.4408.93 Mr.4410.05 Brown,4410.36 you4410.68 did4410.93 address4411.24 the4411.8 majority4411.97 of4412.44 my4412.6 questions4412.76 in4413.32 your4413.48 presentation,4413.72 so4414.36 I'll4414.52 circle4414.76 back4415.16 to4416.15 a4416.47 couple4416.63 of4417.03 them.4417.19 The4418.15 first4418.31 on4418.79 the4419.11 operational4419.35 jobs,4419.99 you4420.31 said4420.55 there4420.79 are4421.11 about4421.11 524421.43 of4421.99 them.4422.15 Are4422.55 you4422.71 also4422.95 committing4423.27 to4423.75 giving4423.83 an4423.99 effort4424.15 preference4424.47 on4424.87 the4425.03 operational4425.19 jobs?4425.67 4427.69 BROWN4427.69 -4427.69 Yeah.4427.69 So4428.24 can4428.77 you,4428.97 is4428.97 it4429.13 on?4429.28 Yeah.4430.48 So,4431.05 we're4431.44 committing4431.77 to4436.41 locating4437.28 qualified4437.28 Everett4437.85 residents4438.16 for4438.56 all4438.73 the4438.97 jobs.4439.05 So,4439.97 yes,4440.21 if4441.57 there4441.73 are4442.05 qualified4442.05 residents4442.45 and,4443.25 if4443.73 there4443.89 are4444.21 qualified4444.21 Everett4444.93 residents4445.25 that4445.81 can4445.97 fill4446.21 the4446.53 524446.69 jobs4447.17 at4447.49 the4447.65 site,4447.65 bravo,4448.37 we're4449.33 in.4449.57 4450.53 DIPIERRO4450.53 -4450.53 And,4450.53 you4451.09 mentioned4451.33 job4452.53 fairs4452.85 and4453.17 apprenticeships.4453.65 I4454.8 would4454.95 love4455.11 to4455.51 see4455.59 you4455.84 work4455.99 with4456.31 the4456.4 school4456.55 department,4456.88 with4457.91 members4458.31 of4458.72 a4458.95 senior4458.95 class4459.44 that4459.84 are4460.15 interested4460.31 in4460.95 vocational4461.19 work,4462.31 who4462.95 wanna4463.19 go4463.51 into4463.68 the4463.91 trades,4464.07 and4464.47 maybe4464.72 help4465.03 build4465.68 a4465.91 pipeline4465.99 for4466.64 them4466.8 as4467.11 well.4467.35 I4467.59 know4467.68 a4467.8 lot4467.91 of4468.15 that4468.23 work4468.4 is4468.72 ongoing,4468.95 but4469.51 the4470.27 more4470.43 that4470.51 contribute4470.83 to4471.23 it,4471.39 the4471.55 better,4471.71 in4472.03 my4472.19 opinion.4472.35 In4474.11 terms4474.35 of4474.83 the4475.31 veteran4476.83 housing,4477.23 for4478.11 all4478.35 vets,4478.59 not4478.99 just4479.23 every4479.63 vet,4480.35 I4480.35 actually4480.51 think4480.75 it's4480.99 a4481.15 mistake4481.31 for4481.79 this4481.95 council4482.11 not4482.67 to4482.83 prioritize4482.99 every4484.11 veteran,4484.59 but4484.59 you've4484.75 made4484.99 the4485.15 commitment,4485.31 and4485.87 I4486.09 don't4486.16 expect4486.32 you4486.48 to4486.8 backtrack4486.97 on4487.52 that4487.76 now.4487.93 And,4492.16 one4493.52 thing4493.76 I4494.01 wanna4494.09 address,4494.4 there4494.8 seems4495.05 to4495.28 be4495.36 a4496.09 misconception4496.24 that4496.97 the4497.28 city4497.44 is4497.76 subsidizing4498.09 this.4498.8 Are4499.18 you4499.42 receiving4499.74 funds4500.38 from4500.78 the4501.02 city4501.18 to4501.5 build4501.66 this?4501.82 4502.3 BROWN4502.3 -4502.3 No,4502.3 sir.4502.54 There's4502.86 no4503.18 TIF4504.46 that4505.02 foregoes4505.02 the4506.38 potential4506.54 for4507.26 future4507.58 tax4508.22 revenue.4508.46 It4509.1 doesn't4509.26 give4509.82 us4509.98 a4510.46 dime.4510.62 0.4511.4 We're4511.72 receiving4511.88 nothing.4512.27 DIPIERRO4512.76 -4512.76 That4512.76 was4512.91 my4513.07 understanding,4513.31 but4513.8 I4513.95 keep4514.03 hearing4514.27 the4514.68 word4514.84 subsidized4515.48 thrown4516.11 out4516.35 there,4516.44 because4517.4 my4517.72 interpretation4518.03 is4518.68 this4518.84 is4518.99 a4519.15 deferral4519.31 that4520.03 is4520.19 gonna4520.44 generate4520.68 more4521.07 revenue4521.31 than4521.64 the4521.88 site4522.03 does4522.27 now,4522.51 more4523.07 revenue4523.31 than4523.8 an4524.03 alternative4524.27 project.4524.91 And,4526.02 no4526.82 14527.06 really4527.22 talks4527.46 about4527.78 the4528.66 number4528.82 of4529.3 residents4529.46 lost4530.26 over4530.74 the4530.9 years4531.06 to4531.38 cancer,4531.54 with4532.02 the4532.26 number4532.5 of4532.74 industrial4532.98 and4533.86 polluted4534.98 sites4535.38 in4535.7 this4535.78 community.4535.94 And4536.42 I4536.58 think4536.66 the4536.98 more4537.14 that4537.62 we're4537.86 able4538.1 to4538.34 clean4538.5 up4538.74 and4539.47 close4539.7 the4540.02 door4540.19 on4540.66 Everett's4540.91 industrial4541.31 past4541.86 is4542.35 a4542.51 positive.4542.66 You've4543.47 made4543.78 some4544.66 concessions4544.98 since4545.47 the4545.78 last4545.95 meeting4546.19 to4546.98 this4547.23 body,4547.47 and4547.95 I4548.98 think4549.15 you've4549.39 been4549.55 very4549.7 fair.4550.02 Thank4550.66 you.4550.91 4551.39 BROWN4551.39 -4551.39 Thank4551.39 you.4551.63 We'll4551.86 we'll4552.1 engage4552.35 with4552.66 the4552.82 school4552.98 department.4553.23

4554.27 SPEAKER284554.27 -4554.27 Council4554.27 Rogers.4554.67 4555.63 KATY4555.63 ROGERS4555.63 -4555.63 CITY4555.63 COUNCIL4555.63 MEMBER4555.63 -4555.63 Thank4555.63 you,4555.79 Madam4556.27 President.4557.23 Thank4557.23 you4557.39 for4557.55 your4557.71 presentation,4557.87 and4558.43 thank4558.67 you4558.91 for4559.15 your4559.87 detail4561.15 on4561.79 this4561.95 project.4562.27 I4563.79 want4564.11 to4564.51 echo4564.83 Councilor4565.15 Dipierro4565.79 and4566.59 clarify4566.82 that4567.31 I4567.47 would4567.63 like4567.78 Everett4568.03 Veterans4568.35 to4568.74 be4568.91 the4569.15 priority.4569.31 I4569.86 understand4570.03 that4570.51 you4571.31 might4571.47 not4571.7 necessarily4572.1 just4572.74 have4572.91 Everett4573.15 Veterans,4573.47 but4573.86 I4574.03 want4574.1 them4574.35 to4574.51 be4574.66 considered4574.99 first,4575.55 whether4576.19 they're4576.51 in4576.74 Everett4576.99 currently4577.31 or4577.7 they4577.95 have4578.1 roots4578.27 in4578.59 Everett.4578.74 Are4580.56 there4580.72 so4581.12 are4581.6 there4581.84 any4582.08 ownership4582.4 opportunities,4583.04 condos,4584 or4584.48 is4584.64 it4584.8 fully4585.04 rental4585.36 here?4585.76 4586.16 BROWN-4586.16 Fully4586.16 rental.4586.48 ROGERS4586.96 -4586.96 Okay.4586.96 And4587.28 will4587.44 there4588.4 be4588.64 a4588.84 veteran4590.16 priority4590.8 going4591.48 to4591.73 also4591.89 offer4592.44 a4592.84 discounted4593.24 rate,4593.73 or4593.97 is4594.13 it4594.28 more4594.36 about4594.52 giving4594.84 them4595.16 the4595.32 unit4595.48 in4595.8 the4595.89 first4596.05 place?4596.28 BRAINARD-4597.8 Sure.4597.8 Thank4598.13 you,4598.36 councilor.4598.52 So,4599.01 it4600.05 is4600.36 a4600.6 voucher4601.01 program.4601.4 So4602.28 the4602.44 AMI4602.76 is4603.24 based4603.4 on4603.8 30%4603.97 of4604.6 their4604.69 income,4604.93 and4605.32 they4605.48 are4605.73 formerly4606.28 homeless4606.69 vets4607.16 with4607.7 low4608.18 income.4608.5 So4608.98 it4609.46 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I'd4670.67 like4670.83 to4670.99 know4671.07 is,4671.39 I4672.59 would4672.75 like4672.91 to4673.07 ask4673.31 for4673.55 a4673.87 commitment4674.03 not4674.59 to4674.83 use4674.99 the4675.15 word4675.23 luxury4675.71 in4676.51 the4676.67 branding,4676.83 the4677.55 signage.4677.71 I4678.6 think4678.76 it's4678.91 become4679.16 an4679.56 overused4679.88 symbol4680.52 of4680.99 gentrification4681.16 in4681.88 our4682.03 community4682.2 that4682.6 we've4682.76 really4682.99 lost4683.24 hold4683.64 of.4683.88 And4684.76 I4686.68 believe4686.99 that4688.2 what4689.16 you4689.31 have4689.56 to4689.8 show4689.88 will4690.2 stand4690.35 for4690.68 itself4690.84 rather4692.05 than4692.21 having4692.45 to4692.77 use4692.93 that4693.17 word.4693.33 So4694.21 that's4694.37 just4694.61 a4694.85 note.4694.93 And4698.21 so4698.61 that4699.17 otherwise,4699.73 I4700.37 think4700.61 this4700.85 is4701.01 a4701.17 good4701.25 project.4701.41 I4701.81 appreciate4701.97 the4702.45 communication.4702.61 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7097.64 SPEAKER37097.64 -7097.64 Council7097.64 DePiro.7098.04 DIPIERRO-7099.96 Thank7099.96 you.7100.12 If7102.76 we7103 are7103.32 to,7103.56 quote7103.96 unquote,7104.28 do7104.92 it7105.08 differently,7105.32 does7106.2 that7106.44 entail7107.32 that7107.88 we7108.36 won't7108.52 be7108.76 seeing7109.16 a7109.4 $2,000,0007109.48 linkage7110.28 fee7110.69 and7110.93 we7111.16 won't7111.32 be7111.56 seeing7111.73 427112.05 inclusionary7112.6 units?7113.16 Because7113.56 you7114.05 gotta7114.28 take7114.69 from7114.84 somewhere7115.09 to7115.4 give7115.48 7115.81 BROWN7115.81 -7115.81 It's7115.81 a7115.97 rewrite,7116.13 I7116.52 guess.7116.6 I7116.93 don't7117.09 know.7117.32 I7117.48 don't7117.65 know7117.81 the7117.97 answer.7118.13 I7118.52 mean,7118.6 I'm7118.93 hearing7119.09 I7122.3 don't7122.38 know7122.54 what7122.7 I'm7122.86 hearing.7123.02 Extended?7123.34 I7123.82 don't7123.98 know7124.3 what7124.46 I7124.78 have7125.02 to7125.26 put7125.34 what7125.66 we're7126.22 doing7126.54 in7126.78 the7126.94 math7127.1 at7127.42 some7127.58 point,7127.74 and7128.54 I7128.7 don't7128.78 know7128.94 the7129.1 math7129.26 yet.7129.58 So7130.38 the7130.62 answer7130.78 to7131.1 your7131.18 question7131.5 is,7131.9 yeah,7132.22 all7132.62 that7132.86 stuff7133.02 gets7134.66 taken7135.06 out,7135.39 gets7135.7 put7135.94 in7136.27 the7136.43 toolbox,7136.59 and7137.06 then7137.31 we7137.47 start7137.63 rebuilding7137.94 it.7138.59 I'm7138.82 not7139.15 sure7139.23 why7139.47 we7139.63 would7139.78 do7139.94 that,7140.1 but7140.35 we7141.15 have7141.31 a7141.47 viable7142.02 plan7142.51 that7142.9 we're7143.47 not7143.7 taking7143.86 an7144.19 extra7144.35 dollar7144.66 from,7145.7 you7146.1 know,7146.27 the7146.43 foregoing7147.78 of7148.34 taxes,7148.58 which7149.14 we7149.7 have7149.86 a7150.58 independent7150.66 expert7151.14 here7151.54 to7151.78 7152.42 DIPIERRO7152.42 -7152.42 I'm7152.42 not7152.66 quite7152.9 sure7153.22 honest7153.46 either,7154.1 to7154.5 be7154.66 honest.7154.74 You7155.3 know,7155.46 if7155.86 there's7156.1 anywhere7156.5 in7156.9 the7157.06 community7157.14 it7158.02 does7158.18 belong,7158.5 it's7158.9 on7159.14 the7159.3 other7159.38 side7159.62 of7159.78 Route7159.94 167160.18 where7161.07 it's7161.31 proposed.7161.48 And,7162.59 you7163.15 know,7163.31 if7163.56 we're7163.72 gonna7164.03 keep7164.84 asking7165.15 more7165.8 and7166.03 more7166.19 of7166.84 these7166.99 folks7167.31 just7167.88 to7168.11 be7168.27 a7168.44 no,7168.52 let's7169.8 not7170.11 waste7170.27 their7170.52 time.7170.76 You7171.72 know?7171.88 It's7173.01 frustrating.7173.25 Sometimes7173.81 I7174.21 feel7174.37 like7174.53 this7174.69 is7174.85 my7175.81 old7176.05 wrestling7176.21 fans7176.61 out7176.85 there,7177.01 Piper's7177.25 Pit.7177.65 We7178.45 get7178.53 the7178.77 answers7178.85 to7179.17 the7179.33 questions7179.41 we7179.81 ask,7180.05 then7180.37 we7180.53 change7180.69 the7181.01 questions.7181.09 So,7182.05 you7182.45 know,7182.61 I'm7183.09 taking7183.33 favorable7183.33 action.7183.81 Vote7185.36 yes7185.52 or7185.77 no.7186.09

7187.28 SPEAKER37187.28 -7187.28 Councilor7187.28 Pitentino.7187.77 PIETRANTONIO7190.97 -7190.97 This7190.97 is7191.2 your7191.77 sheet7191.93 you7192.48 provided7192.73 us.7193.2 Right?7193.44 BRAINARD7193.93 -7193.93 Yes,7193.93 sir.7194.24 7194.97 PIETRANTONIO7194.97 -7194.97 Okay.7194.97 So7195.36 if7197.62 there's7197.94 no7198.26 TIF,7198.5 you're7199.54 paying7199.78 $22,000,5577200.42 and7205.14 change7205.38 a7207.06 year7207.22 in7207.54 taxes.7207.78 Correct?7208.34 7209.54 BRAINARD7209.54 -7209.54 That7209.54 would7210.02 be7210.34 correct,7210.58 but7210.98 that's7211.22 unfinanceable.7211.46 So7212.34 it's7212.5 7213.05 PIETRANTONIO7213.05 -7213.05 And7213.05 with7213.22 the7213.61 TIF,7213.69 you're7214.01 only7214.18 gonna7214.41 be7214.57 paying7214.65 639,0007215.05 and7216.89 change.7217.3 Correct?7217.77 7220.01 BROWN7220.01 -7220.01 That's7220.01 a7220.34 weighted7220.49 average.7220.9 BRAINARD7221.45 -7221.45 Weighted7221.45 average7221.77 per7222.09 year.7222.26 Average.7222.49 7223.05 BROWN-7223.14 So,7223.3 it's7223.3 straight7223.53 lines.7223.77 7224.26 PIETRANTONIO7224.26 -7224.26 So7224.26 straight7224.55 lines.7224.65 So7225.05 over7225.3 a7226.18 14-year7226.41 period,7226.41 we're7228.6 you7229.08 know,7229.16 I7229.48 think7229.72 that7229.72 $2,000,0007229.88 linkage7231.08 fee7231.64 and7231.88 all7232.28 the7232.44 other7232.6 stuff7232.84 they're7233.08 throwing7233.32 in7233.64 there,7233.8 we7234.2 can7234.36 make7234.52 that7234.76 back7235.08 in7235.32 27235.64 years7235.8 if7236.68 we7236.92 don't7237.48 give7237.64 them7237.8 a7237.96 TIF.7238.12 Just7238.84 a7239.08 point.7239.24 That's7239.64 all.7239.88 I'm7240.2 not7240.36 saying7240.68 anything,7241.6 you7241.93 know.7242.01 I'm7242.24 just7242.4 making7242.72 a7243.05 point7243.13 where7243.44 when7244.24 we're7244.48 giving7244.65 them,7244.89 like,7245.05 you7245.36 know7245.44 like,7245.69 almost7246.4 a7246.72 $2,000,0007246.89 tax7247.93 break.7248.32 And7249.44 why7249.69 is7250.01 it7250.24 so7250.48 much7250.65 your7250.97 square7251.13 foot,7251.52 your7252.09 taxes7252.65 per7253.2 square7253.44 foot7253.76 on7254.01 your7254.16 land,7254.4 compared7254.8 to,7255.2 like,7255.44 the7257.14 Mill7257.3 Road?7257.7 Why7258.34 are7258.58 you7258.66 guys7258.9 so7259.06 high?7259.3 Why7260.9 is7261.02 yours7261.14 if7261.78 it's7261.94 no7262.18 TIF,7262.5 it's7263.3 $36.24.7263.62 7265.54 BROWN7265.54 -7265.54 The7265.54 debt7265.7 ceiling.7266.1 7266.34 PIETRANTONIO7266.34 -7266.34 You7266.34 got7266.42 less7266.58 square7266.82 footage7267.06 than7267.38 the7267.54 other7267.7 ones.7267.86 Am7268.86 I7269.02 wrong?7269.1 7270.15 BROWN7270.15 -7270.15 We7270.15 have.7270.86 Well,7271.43 we7271.43 have7271.74 less7271.98 land7272.31 area,7272.55 in7273.02 square7273.02 feet.7273.27 So7273.9 that's7274.06 there's7274.47 27274.7 reasons.7274.86 17275.51 is7275.9 the7276.31 land7276.39 area7276.63 is7276.94 smaller.7277.1 The7277.9 second7278.06 is7278.31 the7278.63 building's7278.78 bigger.7279.19 7281.11 PIETRANTONIO7281.11 -7281.11 But7281.11 it's7281.35 all7281.43 zoned7281.75 the7282.07 same,7282.23 isn't7282.47 it?7282.79 I7282.95 like7284.07 your7284.2 it's7284.47 Second7284.71 Street,7285.03 got7285.27 gold7285.51 underneath7285.83 it?7286.15 BROWN7286.39 -7286.39 That7286.39 is7286.55 a7286.79 very7286.95 complex7287.19 PIETRANTONIO7287.67 -7287.67 And7287.67 the7287.83 VV7288.23 Beach7288.55 Parkway,7288.87 does7289.27 it?7289.43 7289.67 BROWN7289.67 -7289.67 I'm7289.67 not7289.99 a7290.15 zoning7290.31 expert,7290.71 and7291.11 I7291.35 didn't7293.61 write7293.85 it.7294.09 I7294.34 can't7294.49 interpret7294.65 it.7295.05 I7295.53 don't7295.69 you7296.09 you're7296.18 better7296.41 off7296.73 asking7296.89 the7298.18 department7298.41 heads7298.81 that7299.05 are7299.22 here.7299.3 7299.53 PIETRANTONIO7299.53 -7299.53 You7299.53 know7299.69 what?7299.77 No.7299.93 I7300.01 feel7300.18 bad7300.34 for7300.57 you,7300.65 Andy,7300.81 because7301.05 you're7301.3 getting7301.45 beat7301.69 up7301.93 on7302.09 that7302.26 per7302.57 square7302.81 foot.7303.69 You7304.18 guys7304.49 are7304.65 getting7304.73 beat7304.97 up7305.14 on7305.3 that7305.45 compared7306.09 to,7306.57 like,7306.81 the7307.05 parkway,7307.3 which7307.77 is7308.01 right7308.8 at,7308.96 you7309.12 know,7309.36 is7309.6 which7309.84 is7310 right7310.16 there.7310.32 I7310.96 mean,7311.04 I7311.2 you7311.52 you7311.68 guys7311.84 can't7312.08 answer.7312.32 I'm7312.64 just7312.72 looking7312.96 at7313.2 the7313.36 numbers.7313.44 Yep.7314.4 Alright.7315.44 Thank7315.84 you.7316.08

7316.56 SPEAKER277316.56 -7316.56 Thank7316.56 you.7316.8

7318.88 SPEAKER37318.88 -7318.88 Counselor7318.88 Smith.7319.44 SMITH7320.98 -7320.98 I'd7320.98 like7321.14 to7321.3 excuse7321.53 what7321.85 the7322.02 customer7322.26 thinks.7322.66 I7323.06 do7323.22 have7323.38 some7323.53 questions7323.7 for7324.1 some7324.57 financial7324.74 questions7325.22 for7325.53 the7325.7 real7325.85 estate7326.02 people7326.41 here.7326.74 7327.45 MARTINS-7327.45 If7327.45 the7327.61 council7327.85 will7328.18 allow7328.34 me,7328.57 can7328.81 I7329.14 ask7329.22 a7329.45 question7329.53 just7329.94 for7330.18 clarification7330.34 on7331.45 the7331.7 this7332.34 development7332.57 is7333.53 paying7333.53 the7334.02 linkage7334.18 fee7334.85 per7335.09 the7335.41 ordinance7335.65 in7336.29 addition7336.61 to7336.93 your7337.09 contribution7337.33 for7338.37 the7338.53 off-site7338.69 units?7339.17 The7342.93 square7343.09 footage7343.41 and7343.97 the7343.97 linkage7344.13 fees7344.61 per7345.33 square7345.57 foot.7345.81

7346.29 SPEAKER57346.29 -7346.29 Do7346.29 you7346.37

7346.45 SPEAKER87346.45 -7346.45 understand7346.45 the7346.85 question?7347.01 Are7347.33 you7347.49 referring7347.57 to7348.05 the7348.21 affordable7348.53 housing7349.01 linkage7349.57 fees?7349.97 MARTINS-7350.52 Or7350.52 Yes.7350.77 7351.16 BRAINARD7351.16 -7351.16 Yes.7351.16 So7351.48 the7351.73 requirement7352.36 as,7353.09 it's7353.89 a7354.05 thousand7354.28 dollars7354.52 per7354.77 unit7355.01 per7355.32 the7355.48 zoning7355.56 code,7355.97 which7356.44 is7356.69 $620,000.7356.93 So7359.24 we7359.4 are,7359.56 you7360.6 know,7360.77 it's7361.73 a7362.2 $2,000,0007362.28 payment7363.09 instead7363.48 of7363.97 $620,000.7364.59 So,7365.95 we're7366.35 exceeding7366.59 the7367.07 linkage7367.71 payment7368.11 qualifications.7368.59 7369.71 MARTINS7369.71 -7369.71 And7369.71 I7369.79 do7369.95 see7370.11 on7370.35 page7370.51 217370.75 your7371.23 commitment7371.39 to7371.79 a7371.87 %7371.95 union7372.59 work,7372.99 but7373.23 do7373.47 you7373.55 have7373.71 will7374.11 there7374.35 be7374.59 a7374.83 PLA7374.91 being7375.47 signed?7375.79 7376.91 BRAINARD7376.91 -7376.91 So7376.91 we7377.07 the,7377.38 so7378.1 we7378.18 currently7378.34 have7378.65 the7378.81 project7378.98 bid,7379.3 %7379.94 GMP7380.57 through7381.06 Suffolk7381.22 Construction,7381.53 which7382.26 is7382.49 a7382.65 union7382.9 contractor.7383.38 So7384.18 7384.65 BROWN7384.65 -7384.65 And7384.65 it's7384.98 written7385.14 into7385.38 the7385.69 TUV.7385.77 Yep.7386.18 It's7386.73 directly7386.98 written7387.45 into7387.69 the7387.94 TUV.7388.1 7388.73 MARTINS7388.73 -7388.73 And7388.73 is7388.9 what7389.14 we7389.3 received7389.61 on7390.1 Thursday7390.34 the7390.81 current7391.22 language7391.3 that7391.38 we're7392.82 being7393.22 asked7393.54 to7393.78 vote7393.94 on7394.26 today?7394.42 7394.9 BROWN7394.9 -7394.9 Not7394.9 exactly7395.14 because7395.7 of7396.38 for7397.14 example,7397.38 the7398.18 number7399.62 of7399.94 units7400.02 for7400.74 on-site7401.22 inclusionary7402.1 zoning7402.82 went7403.22 to7403.46 427403.54 from7404.02 31.7404.26 That7404.82 needs7404.98 to7405.22 be7405.3 updated.7405.46 The7406.99 increased7407.23 linkage7407.55 fee7407.86 that7408.02 you7408.19 all7408.35 just7408.51 talked7408.66 about7409.15 needs7409.39 to7409.63 be7409.7 updated.7409.86 So7410.35 there7410.51 are7410.66 a7410.66 number7410.74 of7410.99 updates7411.06 that7412.1 we7412.27 didn't7412.43 put7412.74 in7412.91 there7413.06 because7413.39 it's7415.55 kinda7415.78 hot7416.1 off7416.35 the7416.43 presses.7416.59 So7417.23 we7417.39 would7417.55 have7417.78 to7417.95 update7418.51 the7418.91 document7419.06 after7419.7 this7419.95 meeting.7420.19 7421.91 BRAINARD7421.91 -7421.91 Just7421.91 as7422.15 a7422.31 point7422.39 of7422.63 clarification,7422.79 we7423.35 did7423.51 send7423.75 the7424.07 updated7424.47 proposal7424.95 last7425.43 Thursday.7425.67 I7426.07 believe7426.23 that's7426.47 what7426.63 you're7426.79 referring7426.95 to.7427.19 7427.91 BROWN7428.47 -7428.47 But7428.47 we7428.71 have7428.87 not7429.11 updated7429.35 the7429.99 actual7430.55 proposed7432.07 legal7432.55 document.7432.79 MARTINS7433.94 -7433.94 So,7434.18 Councilor7434.66 Smith7434.66 made7434.9 a7435.06 motion7435.14 to7435.38 excuse7435.53 our7435.85 guest.7435.94 Do7436.18 we7436.34 have7436.41 a7436.57 second?7436.66 Right.7437.02 Motion7437.38 has7437.61 been7437.78 made7437.94 in7438.1 the7438.26 second7438.26 to7438.49 excuse7438.66 our7439.22 guests7439.45 and7439.7 invite7439.94 ex-guests.7440.9 So,7441.14 thank7441.14 you7441.3 so7441.45 much7441.61 for7441.78 your7441.94 presentation.7442.1

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these9311.25 union9311.57 workers9311.89 actually9312.53 live9313.01 here.9313.25 They9313.97 wanna9314.21 work9314.61 here.9314.93 The9315.65 casino9315.89 did9316.61 a9316.77 great9316.93 job9317.17 with9318.05 union9318.37 workers.9318.77 I9320.13 support9320.37 this9320.77 project.9321.09 9322.05 Not9322.05 only9322.29 that,9322.53 the9322.77 people9322.93 who9323.33 proposed9324.78 it,9325.18 a9328.63 year9328.78 and9329.02 a9329.18 half,9329.26 29329.5 years9329.67 ago,9329.98 invited9330.78 me9331.18 to9331.42 the9331.58 site.9331.74 The9332.7 only9333.1 developer9333.58 in9334.7 that9334.94 whole9335.18 area9335.42 who9336.55 invited9336.78 me.9337.26 Come9338.26 and9338.34 look9338.58 and9338.82 tell9338.98 me9339.22 about9339.38 this9340.18 project.9340.5 So,9341.86 something9342.1 can9342.5 be9342.66 said9342.82 for9343.06 that,9343.22 and9344.5 I9344.82 believe9344.9 we9345.38 have9345.54 the9345.78 right9345.94 developer.9346.42 Suffolk9348.18 Construction9348.66 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Move9417.87 to9418.11 move9418.27 to9418.51 postpone9418.67 to9419.07 the9419.15 next9419.23 regular9419.47 meeting9419.71 of9419.95 the9420.03 city9420.19 council.9420.35 9420.83 MARTINS9420.83 -9420.83 Motion's9420.83 been9421.23 made9421.39 and9421.55 seconded9421.71 to9422.03 postpone9422.27 the9422.91 item9423.15 to9423.47 the9423.63 next9423.71 meeting.9424.03 All9424.35 in9424.59 favor?9424.75 Aye.9425.55 Opposed?9425.79 The9426.43 ayes9426.67 have9426.99 it.9427.15 9427.55 VAN9427.55 CAMPEN9427.55 -9427.55 Move9427.55 to9427.87 a9428.03 second.9428.11 9428.59 MARTINS9428.59 -9428.59 Second.9428.59 Motion's9428.67 been9429.07 made9429.23 and9429.47 seconded9429.55 to9429.86 adjourn.9430.19 All9430.5 in9430.75 favor?9430.91 Aye.9431.47 The9431.78 ayes9431.94 have9432.26 it.9432.42 We9432.58 have9432.67 adjourned.9432.91 Thank9433.31 you.9433.55