Dec 10, 2025 Ad Hoc Committee on Efficiency of Boards and Commissions

[Call to Order]

[00:26:28]

HELLO EVERYONE, AND WELCOME TO THE REGULAR MEETING OF THE AD HOC COMMITTEE ON THE EFFICIENCY

[00:26:32]

[00:26:36]

[Roll Call]

[00:26:42]

[00:26:45]

[00:26:52]

[1. ID 25-0538     BOARDS AND COMMISSIONS OVERVIEW Waterworks Metropolitan Sewer District (MSD) Medical Center Commission of Jefferson County System Development Charge Oversight Committee Transit Authority of River City (TARC) Board of Directors]

THIS IS ACTLLY OUR LAST NEXT YEAR? I DON'T KNOW WHO THE PRESIDENT OF METRO COUNCIL WILL BE NEXT YEAR. THEREFORE, I DON'T KNOW IF THIS WILL BE A AN AD HOC COMMITTEE AGAIN, BUT I WILL BE ASKING THAT THIS IS EXTENDED AT LEAST ANOTHER SIX MONTHS SO WE CAN CONTINUE OUR WORK AND THEN COME UP WITH OUR RECOMMENDATIONS. BUT THE SYSTEM DEVELOPMENT CHARGE OVERSIGHT COMMITTEE WAS VERY INTERESTING. IT'S A BOARD THAT IS NOT MET IN FIVE YEARS. SO THEIR LAST MEETING WAS 2019. BUT IN JULY 2025, THEY ACTUALLY HAD THEIR LAST MEETING. 13 PEOPLE ATTENDED, BUT THERE ARE EIGHT MEMBERS OF THE COMMITTEE. THERE IS AN ORDINANCE WHICH YOU CAN READ ALL ABOUT IT. EVERYONE FROM FOLKS ON THE PLANNING AND DESIGN SERVICES, PUBLIC WORKS, HOME BUILDERS ASSOCIATION OF KENTUCKY, LOUISVILLE APARTMENT ASSOCIATION, A NEIGHBORHOOD REPRESENTATIVE THAT'S PICKED BY THE PLANNING COMMITTEE, A REPRESENTATIVE OF KYTC, AND

[00:30:02]

SO THERE DOES NEED TO BE SOME SORT OF COMMITTEE THAT HAS AN OVERSIGHT INTO THE MONEY THAT THIS ORDINANCE IS BRINGING IN, AND THEN ALSO HOW IT IS APPLIED. AND IT WAS ALSO SUGGESTED THAT, YOU KNOW, IN A FUTURE CONSIDERATION OF THIS BOARD, MAYBE IT IS PAY AS YOU GO INSTEAD OF A BOND ISSUANCE FOR ANY FUTURE CAPITAL IMPROVEMENTS TO THE ZONES AS OUTLINED IN THIS ORDINANCE. SO. JUST WANTED TO PASS ON THAT INFORMATION. I HOPE THAT IT WAS INFORMATIVE, BUT I LEARNED A LOT IN THAT SHORT MEETING, AND HOPEFULLY WE'LL BE ABLE TO HEAR FROM THAT COMMITTEE A LITTLE BIT MORE. AND MAYBE ALSO INVITE THEM TO AN UPCOMING PUBLIC WORKS MEETING, BECAUSE I THINK IT'S SOME INTERESTING INFORMATION. SO WE'RE GOING TO START WITH THE BOARD OF DIRECTORS. AND THIS IS A BOARD THAT IS UNDER CRA STATUTE AUTHORITY AS WELL AS A LOCAL ORDINANCE. THEY MEET MONTHLY. THERE ARE EIGHT MEMBERS AND NO IMMEDIATE VACANCIES THAT WERE SHOWING. AND WITH THAT, I'M GOING TO TURN IT OVER TO DIRECTOR OZZY GIBSON AND WHO I'M ABBY GILBERTE WE GO. GOT BRUCE WITHERS WITH ME BEHIND ME. HE'S OUR CEO SLASH TRANSPORTATION DIRECTOR. SO WE SENT YOU ALL SEVERAL PIECES OF PAPER WE CAN. I'M NOT GOING TO COVER EVERYTHING. YOU. ONE OF THE MOST IMPORTANT THINGS IS WE HAVE A VERY ENGAGED BOARD. YOU CAN SEE THERE HOW WE'RE SET UP WITH AN OPERATIONS COMMITTEE AND A FINANCE COMMITTEE. AND THEN WE HAVE AN EXECUTIVE COMMITTEE. WE CALL WHEN WE NEED TO. THEY MEET EVERY MONTH. NORMALLY THE COMMITTEES WILL MEET THE WEEK PRIOR TO THE FULL BOARD MEETING TO HEAR THINGS OUT, ASK A LOT OF QUESTIONS AND PASS RESOLUTIONS ON TO THE FULL BOARD MEETING. I HAD LISTENED TO SEVERAL OF YOUR PRESENTATIONS, OTHER PEOPLE COMING HERE. THAT'S HOW I TRIED TO WALK THROUGH THIS FORMAT SO YOU YOU WOULD KNOW SOME STUFF.

SO THERE AGAIN, THE CHAIRPERSON SIGNS ALL DEEDS, BONDS, CONTRACTS, AGREEMENTS, FORMAL INSTRUMENTS AND ANY OTHER OBLIGATIONS. THE EMPLOYMENT. ONE OF THE THINGS WE HAVE TO DO IS HAVE A CERTIFIED PUBLIC ACCOUNTING FIRM ASSIGNED TO US AT ALL TIMES, FLIPPING THROUGH THE NEXT PAGE, THAT'S OUR BOARD MEMBERS RIGHT THERE STEVE MILLER, MYRA ROCK, TED SMITH, DWAYNE GANTT, JUSTIN BROWN, ALICE HOUSTON, AND CHRISTY AMES. FLIPPING THROUGH THE NEXT PAGE.

WHAT I'M VERY PROUD OF IS WE HAVE BEEN WORKING ON I KNOW YOU SAID MENTIONED THAT OUR ON TIME PERFORMANCE IS UP TO 82%, AND WE TRY TO BE 80 BECAUSE THAT'S BEST IN CLASS ACROSS THE COUNTRY. AND WHEN I TOOK OVER THERE, WE WERE TRENDING IN ABOUT TO 67% RANGE. ALSO SURROUNDING TARC. THERE'S A LOT OF FTA STUFF AND DOT STUFF BECAUSE OF OUR DRIVERS, BUT THAT'S BECAUSE WE RECEIVE FEDERAL FUNDS. NEXT PAGE. THAT'S JUST A LITTLE BIT ABOUT PARATRANSIT. I'M NOT GOING TO GO INTO THAT BECAUSE I ALWAYS TALK ABOUT THAT. THE NEXT PAGE IS VERY IMPORTANT BECAUSE OF HOW MANY AUDITS WE ACTUALLY HAVE TO HAVE. YOU SEE, THE

[00:35:04]

NOVEMBER WAS A LIGHT MEETING. YOU CAN ACTUALLY SEE WE DIDN'T HAVE A LOT ON IT. AND THEN I HAD OUR FULL BOARD STUFF THAT WE TALK ABOUT SO THAT YOU CAN KIND OF SEE, AND WE COVER THAT STUFF EVERY MONTH. SO THERE AGAIN, WE'VE THIS PAST YEAR THE BOARD HAS WORKED REALLY THE LAST TWO YEARS. THE BOARD'S WORKED REALLY HARD WITH ME AND ADDRESSING, YOU KNOW, OUR PARTNERSHIP WITH JC. YOU KNOW, WE'RE WORKING ON AN EA CENTER SALE, POSSIBLY LABOR RELATIONS AND THE REDESIGN OF THE TARC NETWORK. SO, ABBY, YOU GOT ANYTHING YOU'D COVERED? NO.

JUST ANY QUESTIONS OR OTHER THINGS THAT WE CAN ANSWER. YOU WENT THROUGH THAT AT LIGHTNING SPEED. COULD YOU KIND OF SPEAK ABOUT WHAT THE BOARD IS DOING TO PREPARE FOR THAT HUGE SYSTEM REDO NEXT YEAR? YEP. SO WE ACTUALLY AS YOU'RE AWARE, WE GOT A GRANT A LITTLE OVER THREE AND A HALF YEARS AGO FROM THE FEDERAL GOVERNMENT FOR ABOUT $1.3 MILLION, AND WE HIRED A FIRM CALLED JARED WALKER AND ASSOCIATES, AND THEY'VE WORKED WITH A LOT OF CITIES. THEY USE SCHMIDT ENGINEERING FIRM HERE LOCALLY. AND THEY'RE AGAIN, THEY'VE WENT OUT INTO THE COMMUNITY, DID A LOT OF STUDIES, AND THEY DO A LOT OF TO SEE WHERE PEOPLE ARE MOVING, WHERE BUSINESSES MOVE TO, TO HELP US DEVELOP THIS NETWORK. WE ACTUALLY HIRED ON ALSO ANOTHER CONSULTANT THAT WHO NOW WORKS FOR THEM. BUT HE HAS DONE THIS IN OTHER CITIES BECAUSE I DIDN'T WANT THEM TO GIVE HAND US A PLAN AND SAY, HEY, YOU NEED TO IMPLEMENT THIS AND THIS GUY IS ON RETAINER WITH US AND HE IS LEADING THIS AS A PROJECT MANAGER. SO WHAT THE BOARD HAD ASKED WAS, HEY, WE WANT TO BE UPDATED EVERY MONTH WITH YOUR AGENDA OF WHAT YOU'RE ACTUALLY DOING AND WHO'S DOING WHAT. SO HE GIVES A VERY DETAILED REPORT AT EVERY BOARD MEETING AND EVEN PUTS IT IN WRITING, KIND OF LIKE CHRONOLOGICALLY WHERE HE'S AT, WHAT WE'RE DOING AND WHAT IS COMING LIKE KEY DATES INTO THE FUTURE. SO DURING THAT MEETING, THEY HAVE PLENTY OF TIME TO ASK HIM ANYTHING THEY WANT, AND IT'S IN AN OPEN FORUM. AND THEN ALSO HE FLIES IN LIKE EVERY OTHER MONTH SO HE CAN MEET ONE ON ONE. IF THEY WANT TO MEET ONE ON ONE, AND THEN HE'LL BE IN PERSON. AT OUR BOARD MEETING, I WOULD JUST ADD SOMETHING THAT YOU DIDN'T SPECIFICALLY MAYBE ASK, BUT I THINK THE SPIRIT OF WHAT YOU GUYS ARE TRYING TO GET AT AND THAT IS, YOU KNOW, THIS BOARD IS ONLY AS GOOD AS THE AMOUNT OF TIME AND ENERGY AND EFFORT AND QUESTIONS AND THINGS THAT THE INDIVIDUAL BOARD MEMBERS ASK. SO I WOULD JUST SAY, WE'VE REALLY WORKED OVER THE PAST TWO YEARS SINCE OZZY'S BEEN HERE TO REALLY HAVE AN ON CONSTANT ONGOING COMMUNICATION WITH THE BOARD. AND SO THAT COULD MEAN, YOU KNOW, UPDATES THAT DON'T JUST COME AT THE BOARD MEETING. RIGHT. A LOT MORE STRATEGIC CONVERSATIONS ON, OKAY, NEXT MONTH, WHAT SHOULD BE THE THINGS THAT THE COMMITTEE IS TALKING ABOUT SO THAT THEN WE CAN MOVE IT FORWARD, YOU KNOW, TO THE BOARD MEETING. AND SO I WOULD JUST SAY THAT IT MAKES ME VERY HAPPY BECAUSE WE DO HAVE A VERY ENGAGED BOARD MEMBERS THAT, LIKE I SAID, YOU KNOW, TALK ON A REGULAR BASIS ABOUT THINGS, AND ESPECIALLY WITH THE AMOUNT OF CHANGE THAT WE'RE HAVING TO UNDERGO, ALWAYS THINKING ABOUT HOW WE BEST NOT ONLY THINK ABOUT, YOU KNOW, FINANCIAL RESPONSIBILITIES, BUT HOW WE COMMUNICATE AS AN AGENCY TO THE PUBLIC. THAT DEPENDS ON US. AND

[00:40:02]

THANK YOU, COUNCILMAN BRATCHER. WELL, THAT'S THAT'S SOMETHING WE'VE USED BEFORE. TIME FOR THAT. I MEAN, THERE'S A LOT WE COULD TALK ABOUT WITH TARC, BUT IT'S WHEN. WHEN? SO I GUESS I SHOULD READ THE FIRST ONE WHO CHOOSES THE BOARD MEMBERS. THE MAYOR CHOOSES THEM, BUT HE SENDS THE NAME OVER TO METRO COUNCIL FOR APPROVAL. OKAY. AND ARE THERE REQUIREMENTS LIKE WHERE THEY LIVE OR WHAT THEY DO? AND THERE IS. WHERE IS THAT? IS THAT IN THE CASES OR. SORRY, I DON'T KNOW IF IT'S REQUIRED, BUT AT LEAST I KNOW WHEN I WENT THROUGH THE PROCESS THAT THEY WERE ASKING THOSE QUESTIONS. AND I KNOW YOU GUYS, WHEN I EVEN CAME BEFORE YOU, YOU KNOW, WE'RE TALKING ABOUT DIFFERENT ZIP CODES AND THINGS LIKE THAT. SO I'M, I DON'T KNOW IF IT IS REQUIRED, BUT I DO KNOW THAT AT LEAST WHEN I FILLED OUT THE FORM, THEY WERE ASKING MORE OF THOSE SORTS OF QUESTIONS. SO, OZZY, YOU SAID THAT BEFORE YOU HAD AN ON TIME PERFORMANCE OF 82%, IT USED TO BE 60%. I MEAN, WHY IS WHY WOULD THAT BE JUST IN A SHORT COUPLE OF SENTENCES? WHY WHY WOULD SOMETHING BE 60% PERFORMANCE? IT WAS 67. BUT HONESTLY, BECAUSE NOBODY MADE IT IMPORTANT, YOU WOULD THINK THAT'S THE MOST IMPORTANT THING WE DO. AND IT IS YOU NEED TO BE ON TIME AND YOU NEED TO PUT THE ROUTES OUT. I MEAN, IS THERE ENOUGH EQUIPMENT, ENOUGH PEOPLE? YEP. HERE'S YEP, WE'VE MADE SOME CHANGES, BUT WE'RE WE'RE THERE NOW. YEAH. OKAY. AND THEN PARATRANSIT. HOW MUCH OF THE BOARD'S TIME DO YOU SPEND ON LOOKING AT THAT. BECAUSE TO ME, AND I DON'T KNOW IF I'M SPEAKING OUT OF LINE OR NOT, BUT THAT'S THE MOST CENTRAL THING THAT YOU GUYS COULD BE DOING IS THE PARATRANSIT. BECAUSE, YOU KNOW, THE LEAST AMONG US NEEDS SOME HELP, RIGHT? ABSOLUTELY. THERE AGAIN, WE HAVE KEY PERFORMANCE INDICATORS THAT WE TALK ABOUT EVERY MONTH. STATS. SO THERE AGAIN WE HAVE 4 OR 5 SLIDES THAT WE TRACK ON THAT BASED ON CUSTOMER COMPLAINTS. MISS SERVICE WHAT'S YOU KNOW WHAT'S OUR ON TIME PERFORMANCE FOLLOW UP COMPLAINTS. YOU KNOW WE TRACK HOW MANY AGAIN BECAUSE WE'RE WE ARE AVERAGING ABOUT 32,000 INDIVIDUAL TRIPS A MONTH. ALL RIGHT. AND IT'S UP AROUND A LITTLE OVER $20 MILLION RIGHT NOW IN CLIMBING. SO. IT IS A BIG DEAL. AND WE WE DO SPEND EQUAL AMOUNT OF TIME ON THAT AS MUCH AS WE DO THE FIXED ROUTES. AND ONE LAST THING, MADAM CHAIR.

THE I REMEMBER WHEN I WAS IN THE LEGISLATURE, VOLKSWAGEN GAVE THE STATE SOME MONEY THROUGH A LAWSUIT, AND YOU GUYS GOT QUITE A BIT OF THAT. DO YOU REMEMBER I THAT WAS PRIOR TO ME THERE, I DON'T, I DON'T I WOULD I HAVE NOT SEEN THANK YOU BOUGHT SOME ELECTRIC BUSSES WITH THAT MONEY. THEY PROBABLY DID. I MEAN HOW MUCH OF YOUR FLEET IS ELECTRIC. WELL RIGHT NOW PROBABLY ABOUT FOUR. AND WE GOT SEVEN MORE COMING. HOW MANY BUSSES TOTAL? WE WE'RE GOING TO HAVE ON THE NEW NETWORK 150. WE PROBABLY GOT TWO, 210 215. ALL RIGHT. THANK YOU. YEP. WHAT ARE YOU GOING TO DO WITH THE EXTRA BUSSES? WE ARE REQUIRED BY THE FEDS THAT IF WE DON'T PUT THEM IN SERVICE, WE'RE ONLY ALLOWED LIKE A 20% EXTRA. AND WE WILL WE WILL SELL THEM TO ANOTHER

[00:45:03]

THIS IS WHEN WE'RE GOING TO EXPAND THAT NETWORK. WHO MAKES THAT DECISION? AND WHEN I WOULD MAKE A RECOMMENDATION BASED ON WHAT MY MY TEAM PUTS TOGETHER TO THE BOARD. IF WE'RE GOING TO MAKE A MOVE LIKE THAT, WHETHER WE CUT SERVICE WHERE IT GOES UP, YOU KNOW, THEY WERE A PART OF HOW WE STRUCTURED THIS NEW ROUTE SYSTEM, YOU KNOW, VOTING ON THINGS LIKE WHEN YOU SET UP A NEW NETWORK AND DO WHAT WE'RE DOING, IT'S LIKE A YOU ONLY WANT TO DO THIS ONE TIME, ONE TIME IN THE HISTORY OF YOUR ORGANIZATION, WHAT WE'RE DOING AND WE SHOULD HAVE SHOULD HAVE DONE IT 20 YEARS AGO. SO THE BIGGEST THING IS WE WE KEEP THIS AROUND WHERE WE KNOW BOARDINGS ARE IS THERE A KPI OR SOMETHING THAT YOU'RE LOOKING AT THAT WILL SAY, OKAY, THIS IS TRIGGERING EXPANSION. WHAT IS GOING TO BE THAT KEY PERFORMANCE INDICATOR TO SAY, NOW'S THE TIME TO TAKE IT TO THE NEXT LEVEL. ONCE WE GET THIS NEW SERVICE UP AND RUNNING, CHECK IN THE BOARDINGS, SEE WHERE PEOPLE ARE GETTING ON AT. OBVIOUSLY WE WANT TO RUN FULL BUSSES, NOT EMPTY BUSSES. AND SO, YOU KNOW, THERE AGAIN, WE'RE GOING TO PUT THIS IN PLAY BASED ON THE BEST WE CAN. AND THEN THERE'LL BE SOME TWEAKS PROBABLY, YOU KNOW, SIX, THREE, SIX MONTHS LATER. BUT WE PUT IN A NEW SOFTWARE PROGRAM WITHIN THE LAST YEAR THAT WILL REALLY TRACK WHERE PEOPLE GET ON AND WHERE THEY GET OFF AT. PRIOR TO THAT, WE DIDN'T HAVE GOOD DATA ON ACTUALLY WHERE THEY'RE GETTING OFF AT. SO JUST ONE OTHER THING. SO ALL OF THE DECISIONS SO THE THE NATIONAL CONSULTANTS GAVE US ALL KINDS OF DATA AND DIFFERENT PLAN OPTIONS. BUT AT THE END OF THE DAY, THE DECISIONS THAT WERE MADE WITH THE NETWORK REDUCTION WAS ALSO JUST BASED ON THE FINANCIAL REALITIES OF WHERE THE MONEY THAT WE HAVE TO OPERATE THE SERVICES. AND SO FOR MANY YEARS, THEY WERE RUNNING MORE SERVICE THAN WE ACTUALLY HAD THE, THE FUNDING FOR. SO I WOULD SAY EVEN THOUGH WE LOOK TO YOUR POINT, COUNCILMAN BRATCHER, EVERY MONTH AT BOARDINGS BY MONTH, YEAR OVER YEAR STATISTICS LIKE IF WE WERE TO SEE, YOU KNOW, TRENDING UPWARDS BECAUSE, YOU KNOW, SERVICES BETTER, I THINK THE REALITY IS STILL THE DISCUSSION AROUND, DO WE HAVE THE FUNDING TO EXPAND SERVICES.

AND I THINK THAT THAT FINANCIAL KIND OF CONVERSATION IS, IS PART OF THE REALITY THAT WE'VE HAD TO FACE, AS THE BOARD IS TO SAY, BUT WHAT CAN WE AFFORD AND WHAT'S THE BEST SYSTEM THAT WE CAN GIVE THEM WITH THE MONEY THAT WE HAVE? ABSOLUTELY. AND IN THESE COMPARATIVE NETWORKS THAT YOU HAVE IT, IT DOES LOOK LIKE WE ARE UNDERFUNDING OUR PUBLIC TRANSIT, WHICH NO SURPRISE. SO I THINK THAT THAT'S SOMETHING FOR US AS LEGISLATORS WHO DICTATE THE BUDGET SHOULD TAKE IN MIND. COUNCILMAN KRAMER, IF YOU WANTED TO ASK ONE LAST THING.

THANK YOU. YEAH. SO FIRST, LET ME SAY THANKS TO YOU, TO OSI, TO YOU, AND ESPECIALLY TO THE BOARD. I HAPPEN TO HAVE THE PLEASURE OF BEING AROUND LONG ENOUGH TO REMEMBER WHEN WHEN WE WERE STRUGGLING AND GRATEFUL THAT YOU GUYS TOOK OVER THE BOARD APPOINTMENTS THAT THE MAYOR HAS PUT FORWARD HAVE BEEN TOP NOTCH, AND I REALLY APPRECIATE THE PARTICIPATION OF THE BOARD MEMBERS IN HELPING YOU GUYS STRAIGHTEN THIS OUT. SO A SHOUT OUT TO YOUR ENTIRE BOARD AND TO ALL THE WORK THAT THEY DID. SO WE'LL START THERE. I WANTED TO FOLLOW UP ON SOMETHING THAT COUNCILMAN BRECKER HAD ASKED, AND I'LL JUST ROLL THEM BOTH TOGETHER REAL QUICK. I APPRECIATE THAT WE ARE AT AT THE BENCHMARK, AND THAT'S ENCOURAGING THAT WE'RE AT 83% OR 80. YEAH, 80, 80% ACTUALLY 82.6. AND THAT WE'RE AT 93% ON PARATRANSIT. THAT'S GREAT. MY HEART GOES OUT THOUGH TO THAT. THOSE SEVEN FOLKS ON PARATRANSIT THAT WE'RE NOT HITTING ON TIME BECAUSE IN THE LIKELIHOOD, IF IT'S 93%, THAT'S A PERSON WHO TOOK A PARATRANSIT IN ONE DIRECTION, IT WAS COUNTING ON IT TO COME BACK. SO IT INCREASES THE RISK THAT THAT POOR PERSON DIDN'T GET THE RIDE GOING ONE WAY OR THE OTHER. WHY IS THAT? AND I'M NOT ASKING WHY WHY TARC ISN'T DOING BETTER, BECAUSE I AGAIN, I REALLY APPRECIATE WHAT YOU GUYS HAVE DONE, AND THE BENCHMARK IS WHAT THE BENCHMARK IS AND YOU'VE MET THAT. SO LET THE PUBLIC KNOW WE'RE REACHING THE BENCHMARK, RIGHT. MY QUESTION IS, WHY IS THE BENCHMARK 83% OR 80%? I

[00:50:06]

SO THIS IS MY NEW COO. AND HE ACTUALLY THE LAST FIVE YEARS HAS WORKED FOR ME. WHO CONTRACTS THAT OKAY. AND I HIRED HIM BECAUSE OF THAT. AND THE SECOND REASON I HIRED HIM BECAUSE HE USED TO RUN THE FIXED ROUTE TRANSPORTATION IN LAS VEGAS. OKAY, GOOD. HE BRINGS A LOT OF NATIONAL EXPERIENCE TO US. SO I DON'T WANT TO I HATE TO THROW HIM UNDER THE BUS, BUT HERE'S WHAT I KNOW IS THAT, FIRST OF ALL, THERE'S TWO WAYS YOU SET UP A CONTRACT. AND WHEN YOU SET IT UP THAT YOU WANT A HIGH RATE LIKE THAT, YOU WANT THAT ON TIME PERFORMANCE. IT'S GOING TO COST YOU A LOT OF MONEY BECAUSE THEY ONLY PUT ONE PERSON IN A CAR AND TAKE THEM THERE, OKAY. THAT'S WHY WE PAY 20 SOME ODD MILLION. OKAY. IF YOU LOOK AT INDY AND SOME OF THOSE OTHER CITIES WHERE THEY'RE ONLY DOING 15,000 TRIPS IS BECAUSE THEY SET THEIRS UP DIFFERENTLY. OKAY. NOW REMEMBER, WE'RE IT WHEN THEY SHOWED ME HOW THEY SCHEDULE 32,000 INDIVIDUAL TRIPS A MONTH AND WE ARE ONLY MISSING Q ON 30, 30 TO 40 TRIPS.

WHAT I DO WHEN WE MISS THAT TRIP, THEY GET A PERSONAL LETTER SIGNED BY ME AND THE REPRESENTATIVE FROM ENVY, AND THEY GET A FREE TRIP. OKAY, BUT I DON'T KNOW HOW IN THE WORLD WE COULD EVER BE PERFECT, I REALLY DON'T NOW. WHAT HE HAS TAUGHT ME ALREADY IS WE NEED NEW SOFTWARE THAT WILL HELP US NAVIGATE MUCH BETTER THAN WHAT WE'RE DOING NOW. THERE'S SEVERAL THINGS OF SOFTWARE THAT WE GOT TO CHANGE AT TARC, BUT I BELIEVE HERE IN THE NEXT YEAR WE'RE GOING TO YOU'RE GOING TO SEE SOME CHANGES OF THIS, BECAUSE NOW HE'S IN THAT SEAT IN THAT FALLS UNDERNEATH HIM. OKAY. SO I'LL JUST SAY I THINK PERHAPS YOU AND I'LL TOUCH BASE.

YOU KNOW, OFFLINE THIS IS REALLY NOT A QUESTION ABOUT WHAT YOU'RE DOING OR WHAT TARC IS, HOW TARC IS PERFORMING. I'M I'M ACCEPTING THAT TARC IS AT THE IS AT THE APPROPRIATE STANDARD, SO I'M NOT CHALLENGING THAT AT ALL. MY QUESTION IS WHY IS THAT THE STANDARD? LIKE, YOU KNOW, I'M A SCHOOL TEACHER, SOME SOME SCHOOLS, AN A IS 93 POINTS AND SOME SCHOOLS IS ONLY 90 POINTS. AND THERE'S A REASON THAT DIFFERENT SCHOOLS DO THAT DIFFERENTLY. I'M WONDERING WHY THE BENCHMARK IS 80% FOR REGULAR TARC, NOT FOR NOT FOR PARATRANSIT. I'M FOR REGULAR TARC, COUNCILMAN KRAMER. WELL, THEY JUST I THINK THE WAY THAT IT'S FINALLY BEEN EXPLAINED AND MAKES SENSE IN MY MIND TOO, IS EVEN IF DEPENDING ON WHEN WE SCHEDULE THOSE THINGS. SO NOW WE'RE TALKING ABOUT THE REGULAR REGULAR PARK. IF THERE IS TRAFFIC ONE DAY OR AN ACCIDENT AND THAT KICKS US TO BEING LATE, THEN THAT'S STILL SHOWING UP AS BEING LATE, EVEN THOUGH THERE'S NOTHING THAT WE CAN DO ABOUT IT. SO ONE OF THE THINGS THAT THE BOARD IS REALLY CHALLENGED AS TO AS WE LOOK AT LIKE LINE BY LINE TO SAY, OKAY, WHY IS THIS ONE ALWAYS RUNNING LATE? AND MAYBE WE JUST NEED TO ADJUST THE TIMES BECAUSE THE TRAFFIC FLOW IS ACTUALLY THE PROBLEM NOW OR WHEN JC ANOTHER EXAMPLE LIKE WE WOULD, HAD TO ADJUST THINGS BECAUSE THERE WERE MORE PEOPLE SITTING IN CARPOOL LINES, RIGHT. AND THEN WE COULDN'T THE BUSSES COULDN'T GET THROUGH. SO I, I, I THINK YOU MIGHT HAVE A BETTER EXAMPLE, BUT MY THE LAYMAN'S WAY THAT WE UNDERSTAND IT NOW IS THAT THERE ARE SO MANY VARIABLES THAT CAN'T BE CONTROLLED, WHETHER MAYBE THEY'RE GOING SLOWER BECAUSE OF THE WEATHER OR ANYTHING LIKE THAT. SO THAT'S HOW AT LEAST WE LOOK AT IT ON A REGULAR BASIS, AND HOW OZONE HAS BEEN ABLE TO IMPROVE THAT, BECAUSE WE HAVE BEEN LOOKING AT IT MORE CLOSELY. DOES THAT HELP? THANK YOU. THAT IS EXACTLY THE ANSWER I WAS LOOKING FOR. AND I MEAN, THAT ANSWERS MY QUESTION. I DON'T KNOW THAT I WOULD HAVE EXPECTED THAT WAS THE ANSWER, BUT THAT MAKES PERFECT SENSE. THANK YOU.

AND WHILE I HAVE THE MICROPHONE, I WILL JUST SAY THAT I HOPE THAT THE BOARD IS WRITING DARK AND EXPERIENCING IT FOR YOURSELVES. I WAS WRITING ON MONDAY AND IT WAS A WONDERFUL EXPERIENCE. HOWEVER, IT DIDN'T DROP ME OFF WHERE IT NEEDED TO BECAUSE IT HAD A REROUTE AND I CALLED CUSTOMER SERVICE TO SEE WHERE I WOULD CATCH THE BUS, SINCE IT WASN'T GOING DOWN THE STREET THAT I WAS SUPPOSED TO GET OFF ON, AND CUSTOMER SERVICE DIDN'T KNOW THAT THE BUS DRIVER WAS GOING A DIFFERENT WAY, AND THEY SAID THAT THEY WERE SENDING SOMEONE OUT TO LOOK AT IT AND TO CALL BACK IN A LITTLE WHILE. NO, THIS WAS ON MONDAY, MONDAY AFTER EARLY AFTERNOON. AND, YOU KNOW, WE ALSO HAD THE ISSUE WHERE A STREET WAS CLOSED DOWN BECAUSE OF THE LOUISVILLE WATER COMPANY. AND FOR MANY MONTHS THEY WERE REPLACING A WATER MAIN. BUT AT NO POINT WAS THERE SIGNAGE PUT AT THE TRUCK STOPS TO SAY, THIS IS NOT AN OPERATING STOP RIGHT NOW. HERE'S THE ALTERNATIVE PLACE TO LOOK AT THAT. AND THAT'S

[00:55:02]

ONE LAST POINT. JUST MORE COMING THIS YEAR. BUT THE NEW SOFTWARE THAT OZZIE EXPLAINED THAT HELPS US UNDERSTAND WHO'S GETTING ON AND OFF THE BUS, THAT'S ALSO A BETTER CUSTOMER EXPERIENCE. AND I THINK THAT ALL OF THE I JUST SAW DRAFTS OF OF WHAT SOME OF THE NEW SIGNAGE WILL LOOK LIKE AS THAT IS REPLACED IN AUGUST OF NEXT YEAR. AND I THINK THAT IT'S GOING TO HAVE A LOT MORE INFORMATION AND BE A LOT MORE CUSTOMER FRIENDLY VERSUS JUST SAYING, LIKE, HERE IS A STOP, BUT HAVING INFORMATION ABOUT WHICH ROUTES, WHICH LINES, HOW SOON THEY COME KIND OF ON THAT SIGNAGE. SO HOPEFULLY MORE EXCITING THINGS NEXT TIME THAT OZZIE GIVES YOU GUYS AN UPDATE. I NEVER CALLED BACK TO CUSTOMER SERVICE, BUT I STOOD AT AN INTERSECTION. I THOUGHT NO MATTER WHICH WAY IT'S COMING, I'M GOING TO JUMP OUT. YEAH, WELL, THANK YOU SO VERY MUCH FOR OVER ON TIME. SO THANK YOU FOR BEING HERE. AND WE'LL FOLLOW UP WITH ANY QUESTIONS. ALL RIGHT. THANK YOU ALL VERY MUCH. THANK YOU ALL. NEXT UP WE'RE GOING TO HAVE THE LOUISVILLE WATER COMPANY. WE'RE GOING TO HAVE THEM GET SITUATED. AND THEY ARE UNDER KRS STATUTE AUTHORITY AS WELL AS AS WELL AS THE LOCAL ORDINANCE. THEY MEET ON THE THIRD TUESDAY OF EVERY MONTH AT OUR BEAUTIFUL HISTORIC WATER TOWER. THERE ARE SIX MEMBERS AND NO IMMEDIATE VACANCIES. AND I BELIEVE THAT WE HAVE MISS KELLY DEARING SMITH HERE AND MICHAEL TEAGUE.

TEAGUE. SO SORRY. HERE TO SPEAK TO US ABOUT LOUISVILLE WATER. SO I'LL LET YOU ALL TAKE IT AWAY. ALRIGHT. GOOD AFTERNOON. THANK YOU FOR HAVING US. YEAH I'M KELLY SMITH VICE PRESIDENT FOR COMMUNICATIONS AND MARKETING AT LOUISVILLE WATER. MICHAEL IS OUR GENERAL COUNSEL, VICE PRESIDENT AND ALSO SECRETARY OF THE BOARD OF WATERWORKS. SO WE BOTH OUR OUR JOBS ARE APPROVED BY THE BOARD. AND SO MICHAEL IS OUR SECRETARY AS WELL. SO WE HAVE A COUPLE OF THINGS WE WANT TO DO IN A BRIEF AMOUNT OF TIME TODAY. FIRST, I WANT TO GIVE YOU A LITTLE OVERVIEW, A HISTORY OF THE BOARD OF WATERWORKS, WHICH IS REALLY LOUISVILLE WATER'S HISTORY. WE'RE GOING TO GIVE YOU A VERY HIGH LEVEL OVERVIEW OF HOW THE BOARD FUNCTIONS, HOW THEY WORK WITH US ON A DAY TO DAY BASIS. AND THEN, OF COURSE, TAKE ANY QUESTIONS THAT YOU HAVE. I'M GOING TO START WITH A LITTLE BIT OF HISTORY, BECAUSE LOUISVILLE WATER AND THE BOARD OF WATERWORKS HAVE THE MOST UNIQUE SETUP IN THE UNITED STATES, AND IT IS A HISTORY THAT GOES BACK MORE THAN 165 YEARS. SO WE WERE CHARTERED ON MARCH THE 4TH OF 1854, MARCH THE 6TH, SORRY, OF 1854, AS A PRIVATE COMPANY, INITIALLY CALLED THE WATERWORKS, IT TOOK 35 YEARS FOR THE KENTUCKY LEGISLATURE TO FINALLY CHARTER A WATERWORKS. AND WE STARTED OUT SELLING SELLING SHARES OF STOCK FOR $100. YOU CAN SEE THIS IS A PIECE OF STOCK HERE.

THE BELKNAP FAMILY BOUGHT THE STOCK. IT IS ACTUALLY ONE OF THE ORIGINAL SHARES IS STORED IN METRO I BELIEVE IN THE REVENUE COMMISSION. SO WE HAVE THIS VERY UNIQUE SETUP. WE STARTED IN 1854 AS A PRIVATE ENTITY. THE CITY OF LOUISVILLE BOUGHT SOME SHARES WHEN WE STARTED. BUT BY 1906, THE CITY HAD PURCHASED ALL OF THE OUTSTANDING SHARES AND THE ORIGINAL SHARES. AND SO THE CITY BECAME THE OWNER OF A PRIVATE ENTITY IN LOUISVILLE.

WATER HAD ONE STOCKHOLDER. AND WE HAD A REALLY ROUGH START. IF YOU THINK ABOUT THE 1800S, THERE WASN'T A LOT OF USE FOR WATER AT THE TIME. PEOPLE DIDN'T USE IT THE WAY WE USE NOW. YOU HAD A WELL THAT WAS FREE. AND SO PEOPLE WERE THINKING, WHY IN THE WORLD WOULD I PAY FOR SOMETHING WHEN IT'S TOTALLY FREE IN MY BACKYARD? SO IT TOOK A WHILE.

WE WERE MARKETING A PRODUCT THAT NOBODY USED. TODAY, 165 YEARS LATER, WE STARTED IN WITH 512 CUSTOMERS 26 MILES OF PIPE. TODAY, 1 MILLION PEOPLE RELY ON OUR WATER EVERY SINGLE DAY.

WE'RE THE LARGEST WATER PROVIDER IN KENTUCKY. ABOUT 20% OF THE POPULATION, A MILLION PEOPLE IN 4300 MILES OF PIPE. WE PRODUCE, ON AVERAGE, 132 MILLION GALLONS OF DRINKING WATER. MOST OF YOU PROBABLY KNOW IT'S TRADEMARKED AS LOUISVILLE PURE TAP. WE'RE REALLY PROUD OF OUR QUALITY. WE ARE ROOTED IN PUBLIC HEALTH AND FIRE PROTECTION. OUR TREATMENT PLANTS RANK AS TWO OF THE TOP 19 IN NORTH AMERICA FOR OUTSTANDING QUALITY, AND THE DISTRIBUTION SYSTEM THAT DELIVERS ALL THAT WATER TO YOU RANKS JUST AS HIGH. SO I'LL TELL YOU A LITTLE MORE ABOUT THE GOVERNANCE STRUCTURE. AND THEN MICHAEL WILL FILL IN MORE DETAILS. OUR CHARTER IS VERY SPECIFIC ABOUT HOW WE ARE GOVERNED, AND THAT IS CONTINUED TODAY. IT IS A SEVEN MEMBER BOARD. THE MAYOR OF LOUISVILLE SERVES AS THE EX OFFICIO MEMBER.

[01:00:06]

AND I DO THINK THAT'S A VERY MUCH ATTRIBUTABLE TO THE UNIQUE GOVERNANCE STRUCTURE, BECAUSE THAT GOVERNANCE STRUCTURE ALLOWS US TO FUNCTION LIKE A PRIVATE CORPORATION AND TO ACT LIKE A PRIVATE CORPORATION, AND IT DELIVERS RESULTS. SO THAT BOARD DOES MANAGE. IT IS A VERY ACTIVE BOARD. THEY ARE DIRECTLY INVOLVED IN OUR AFFAIRS, OFTEN ON A DAY TO DAY BASIS, BUT AT LEAST A MONTHLY BASIS. THEY OVERSEE OUR ANNUAL OPERATING AND CAPITAL BUDGETS. THEY OVERSEE OUR BONDING PROCESS. WHEN WE NEED TO DO CAPITAL INFRASTRUCTURE INVESTMENTS, THEY OVERSEE WHAT OUR WATER RATES ARE AND WHERE THEY'RE GOING TO BE ESTABLISHED AND SET FORTH. AND THEY FRANKLY OVERSEE MANY OF OUR DAY TO DAY OPERATIONS. THERE ARE FOUR COMMITTEES THAT MEET QUITE REGULARLY ON AN ANNUAL BASIS. WE HAVE AN AUDIT COMMITTEE. WE HAVE A COMPENSATION AND BENEFITS COMMITTEE, AND WE HAVE A MARKETING COMMITTEE AND A PUBLIC AFFAIRS AND CUSTOMER SATISFACTION COMMITTEE, AND WE MEET WITH THOSE COMMITTEES QUITE REGULARLY TO MAKE SURE THAT THEY'RE APPRIZED MORE INTIMATELY OF THOSE ACTIVITIES ON A, ON A CONSISTENT BASIS. SO A LIST OF THE BOARD MEMBERS WHO ARE CURRENTLY SERVING DOCTOR SONNY, WHO IS A LOCAL TECH ENTREPRENEUR, IS AN ENGINEER. JENNIFER RUTHERFORD IS OUR VICE CHAIR. SO SONNY IS OUR CHAIR. JENNIFER IS AN ATTORNEY. SHE HAS A HISTORY IN PHILANTHROPIC WORK, BUT ALSO SERVES NOW AT GLENVIEW TRUST. WILLIAM SUMMERS PROBABLY NO STRANGER TO THIS GROUP. DEPUTY MAYOR FOR MANY, MANY YEARS OF 40 PLUS YEAR HISTORY WITH WITH GOVERNMENT AND DOING PUBLIC WORK. KATHY DYKSTRA, WHO IS THE CHIEF POSSIBILITY, CHIEF PEOPLE OFFICER, FAMILY SCHOLAR HOUSE JAKE BROWN, WHO IS A NOTED CONSTRUCTION LEADER IN OUR COMMUNITY. KEN MARSHALL, WHO IS THE CHIEF OPERATING OFFICER FOR UOFL HEALTH. SO AGAIN, ALL OF THESE MEMBERS ARE RECOMMENDED BY THE MAYOR. COME TO METRO COUNCIL FOR YOUR APPROVAL. NOW, THE MAYOR IS WELCOME TO ATTEND OUR MEETINGS, ALTHOUGH RARELY DOES THAT HAPPEN. HE USUALLY APPOINTS SOMEONE TO ATTEND ON HIS BEHALF. AND RIGHT NOW, DANA MAYTON IS SERVING IN THAT CAPACITY. SO WHAT IS THE RETURN TO LOUISVILLE METRO FOR OWNING THE LOUISVILLE WATER COMPANY BECAUSE OF THIS UNIQUE SETUP? AND AGAIN, MICHAEL MENTIONED IT IS THE ONLY ONE THAT WE KNOW OF IN THE UNITED STATES. WE ARE IN THE BUSINESS FOR PUBLIC GOOD. WE ARE IN THE BUSINESS FOR PUBLIC HEALTH. WE PRODUCE A PRODUCT THAT CANNOT BE RECALLED. AND SO WE STRIVE TO GIVE LOUISVILLE METRO, OUR OWNER, AN ANNUAL RETURN WHILE DOING THAT PUBLIC GOOD, WHICH IS PRODUCING AND DELIVERING DRINKING WATER. SO YOU AS METRO LOUISVILLE, ALL OF METRO OWNED PROPERTIES AND FIRE HYDRANTS RECEIVE FREE WATER SERVICE. SO THAT IS THIS BUILDING THAT IS A GOLF COURSE, THAT IS THE LOUISVILLE ZOO. THOSE ARE ALL METERED, BUT THEY DO NOT PAY FOR THE WATER THAT YOU USE. LOUISVILLE METRO ALSO RECEIVES AN ANNUAL DIVIDEND THAT IS PAID QUARTERLY. AND THEN THE SERVICE AND THE WATER FOR THOSE FIRE HYDRANTS. SO ABOUT 25,000 PUBLIC FIRE HYDRANTS IN OUR SERVICE AREA. SO WE MAINTAIN THOSE PUBLIC FIRE HYDRANTS. WE ALSO DO THE

[01:05:03]

SO IF YOU THINK ABOUT THESE LARGE INFRASTRUCTURE PROJECTS THAT WE DO, THE BOARD IS INVOLVED IN THAT, AND WE DO ACTUALLY ADHERE TO THE OPEN RECORDS STANDARDS THAT YOU WOULD EXPECT FOR ANY OTHER METRO AGENCY OR GOVERNMENT ACTOR. SO WE DO PUBLISH MOST OF OUR CONTENT, BUDGETS, ETC. ONLINE, AND I DO RESPOND TO QUITE A NUMBER OF OPEN RECORDS REQUESTS FROM MEMBERS OF OUR COMMUNITY. GREAT QUESTIONS. WELL, THANK YOU. AND WE DO HAVE THE BEST WATER ANYWHERE AROUND. SO I THINK THAT THAT IS ACCURATE. AND ALSO, THANK YOU FOR AN INCREASED DIVIDEND THAT WE JUST HEARD ABOUT IN THE MID-YEAR BUDGET ADJUSTMENT. I DON'T KNOW WHAT THAT NUMBER IS, BUT IT WAS PRETTY SUBSTANTIAL. YES. MY QUESTION IN THE PRESENTATION IT SAID A BIPARTISAN BOARD. WHY ISN'T THE LANGUAGE USED AS. TRI PARTIZAN OR NONPARTISAN COULD BE SO BIPARTISAN WAS TAKEN FROM SOME OF OUR HISTORICAL DOCUMENTS.

BUT AS MICHAEL WILL TELL YOU, IT'S NO MORE THAN 50% OF ONE POLITICAL PARTY. SO THE MAYOR OF LOUISVILLE CANNOT ESSENTIALLY STACK THE BOARD WITH THEIR REPRESENTATIVES. I THINK THAT'S PROBABLY A FAIR WAY TO SAY IT. IN OTHER WORDS, YOU CAN'T HAVE A MAJORITY OF ONE PARTY AFFILIATION. SO YOU COULD HAVE THREE OF ONE PARTY AFFILIATION AND 2 IN 1 OR EVEN ONE, ONE AND ONE. BUT YOU CAN'T ACTUALLY BUILD A MAJORITY SO THAT YOU CAN EXERCISE UNILATERAL CONTROL OF THE OPERATIONS. FAIR QUESTION. YEAH, YEAH. NO, IT'S SO TERRIFYING HOW WE CAN POLITICIZE SOME THINGS SUCH AS WATER. BUT IT HAPPENS. WHAT IS THE NUMBER ONE TREATMENT PLANT IF WE ARE THE NUMBER TWO ACTUALLY. SO WE HAVE TWO WATER TREATMENT PLANTS. SO WE HAVE THE CRESCENT HILL PLANT. OH I WAS SAYING LIKE WE'RE NUMBER IN THE PRESENT. OH I'M SORRY. SO WE HAVE TWO WATER TREATMENT PLANTS. MAYBE I DIDN'T SAY THAT CORRECTLY. WE HAVE TWO WATER TREATMENT PLANTS. AND OUT OF ALL OF THE WATER TREATMENT PLANTS IN NORTH AMERICA, THERE ARE 19 THAT HAVE THE HIGHEST DISTINCTION FOR PRODUCING QUALITY. THAT IS MUCH BETTER THAN WHAT THE EPA REQUIRES. WE HAVE TWO OF THOSE 19 PLANTS, SO BOTH OF OUR PLANTS ARE RATED THE HIGHEST POSSIBLE THEY COULD BE. AND TO GIVE YOU SOME CONTEXT TO THAT, THERE ARE 55,000 PUBLIC WATER SYSTEMS IN THE UNITED STATES. IT'S CALLED THE PHASE FOR EXCELLENCE AWARDS. AND WE ACTUALLY SET IT AS A STANDARD ON AN ANNUAL BASIS TO ACHIEVE PHASE FOR EXCELLENCE FOR BOTH OF OUR TREATMENT FACILITIES, AND REALLY THE POINT TO TAKE HOME FROM IT. THERE'S ONLY 19 UNITED STATES AND TWO OF THEM ARE HERE. THAT'S INCREDIBLE.

YEAH, THAT'S MIND BLOWING. HONESTLY, COUNCILMAN BRATCHER, THANK YOU. I LOVE THE WATER COMPANY. IT'S. I'VE BEEN IN THIS GIG FOR A HUNDRED YEARS. RIGHT. AND WHEN I WAS A LEGISLATOR, I WAS BACK THERE WITH HELERINGER WHEN WE WERE GIVING YOU ALL GRIEF ABOUT GETTING EVERYBODY COUNTYWIDE ON IT. AND YOU CAME THROUGH AND WORKING WITH VINCE GUNTHER AND ROBIN CROW THROUGH THE YEARS, I MEAN, JUST ALWAYS GREAT, GREAT. AND I HAVE FRIENDS THAT WORK AT THE WATER COMPANY, AND THEY ALWAYS THOUGHT WELL OF WHERE THEY WORK. I MEAN, THEY'RE NEVER REALLY ANY BIG NEGATIVES ON ANYTHING. YOU KNOW, WILLIAM WORKED AT WATER COMPANY. YES.

YEAH. YEAH, WE TALKED ABOUT HIM TODAY. YEAH. AND. THERE'S JUST ONE PROBLEM. I CAN'T SEEM TO GET FIXED. AND I KNOW THIS IS A CONSTITUENT PROBLEM. AND JUST GIVE ME THREE MINUTES HERE.

MADAM CHAIRMAN, I'M GOING TO GO DOWN MY PAROCHIAL SIDE THERE. THERE'S AN ACCENT'S GOOD.

THERE'S AN ACCESS ROAD THAT WE JUST CAN'T SEEM TO GET FIXED IN FERN CREEK. I'VE TALKED TO VINCE, AND I KNOW HE'S TRYING, AND I KNOW THERE'S SOME THINGS GOING ON. WHAT CAN I DO TO GET YOU GUYS TO TREAT YOUR ROAD BETTER THERE? BECAUSE IT'S SOMETIMES IT FLOODS MY NEIGHBORS IN THERE AND IT'S IT'S RIGHT BY TRAILS CROSSING. OKAY. YOU YOU WOULDN'T BE FAMILIAR WITH THAT WOULD YOU. NOT EXACTLY. BUT WHAT I CAN TELL YOU IS THAT, WELL, LET'S TALK WHEN WE'RE DONE, OR I'LL MAKE SURE YOU GIVE ME AN EMAIL AND WE'LL HAVE SOMEONE GO OUT

[01:10:02]

BUT OTHER THAN THAT, THANKS FOR WHAT YOU'RE DOING. COULD WE SELL THOSE STOCKS AND. YEAH, I WOULDN'T RECOMMEND I WOULDN'T WE DON'T WE WOULD NOT RECOMMEND. WHAT WOULD IT TAKE TO. I'M, I'M NOT RECOMMENDING IT BECAUSE IT'S A BEAUTIFUL ARRANGEMENT. YEAH. WELL YEAH I MEAN IT IS A VERY LONG TERM ANNUITY. IF YOU REALLY THINK ABOUT WHAT THIS COMPANY PROVIDES TO. AND IT'S AN EXTREMELY LUCRATIVE ONE, BOTH IN TERMS OF FREE WATER SERVICES. SO IF WE EVER WERE CLOSE TO SAY THE B WORD, WE COULD PULL 49% OUT AND SELL IT. RIGHT. WELL YOU YOU IT REALLY THERE ARE ISSUES THAT CONCERN THIS GOVERNANCE STRUCTURE BECAUSE WE WERE CHARTERED FROM THE GENERAL ASSEMBLY. THERE ARE ISSUES WITH OUR BONDING REQUIREMENTS AND OUR COMMITMENTS TO OUR BOND HOLDERS. AND AS YOU CAN IMAGINE, WE DO HAVE SUBSTANTIAL BOND COMMITMENTS THAT REQUI QTE A GREEF NEGOTIATNS THAT WOULD CREATE A LOT OF COMPLEXITY. AND THEN YOU STILL HAVE THE STATUTORY FRAMEWORK OF WHAT WOULD HAPPEN IF YOU WERE TO CONVERT IT OVER TO PRIVATE OWNERSHIP. AND IF YOU DID CONVERT IT OVER TO PRIVATE OWNERSHIP OR SELL IT OUT, YOU'RE NOT GETTING FREE WATER SERVICE ANYMORE. SO IT'S NOT JUST A LOSS OF THE DIVIDEND DISTRIBUTION TO THE CITY, BUT IT'S ALSO THE VALUE OF THE FREE WATER SERVICE, WHICH IS ROUGHLY 19 MILLION OR MORE. YEAH. SO THE FREE WATER SERVICE ROUGHLY IS AROUND 4.5 MILLION. AND THEN THE FIRE FIRE PROTECTION ABOUT 22, 23 MILLION. AND THEN THE ACTUAL DIVIDEND IS ABOUT 33.9 MILLION. SO RIGHT NOW FOR THE YEAR 2025, THE VALUE TO LOUISVILLE METRO IS ABOUT 6061 MILLION. SO PRACTICAL LIMITATION IS IS WHAT DO YOU DO WITH THE CHARTER AND THE GENERAL ASSEMBLY OBLIGATIONS, AND HOW DO YOU CONVERT IT OVER FROM THAT ARRANGEMENT INTO A PRIVATE SALE? AND THEN HOW DO YOU DEAL WITH THE BOND RESTRICTIONS? AND THEN. WELL, I JUST THOUGHT IT WAS AN INTERESTING MIND GAME. IT WE ARE WELL AWARE OF THE CONVERSATION EVERY SO OFTEN WE HAVE TO HAVE IT. AND BUT EVERY TIME ANYBODY GOES THROUGH AND WORKS THEIR WAY TO THE BOTTOM OF THAT NARRATIVE, WE ALL END UP WITH THE SAME THING. WHY IN THE WORLD WOULD YOU DO THIS? YEAH, YOU WOULDN'T DO IT. IT'D BE CRAZY. BUT THANK YOU. AND THANK YOU FOR BEING A GREAT, GREAT. AND I WILL DEFINITELY CHECK ON THE ROAD. YEAH. IF I'M MADAM CHAIR, JUST A REAL QUICK TO TO FINISH OUT THAT THOUGHT.

I KNOW COUNCILMAN BRADSHAW APPRECIATES THE FACT THAT WE OWN 100% OF THE STOCK, AND NO ONE IS SUGGESTING THAT WE SHOULD SELL THAT OR CHANGE THAT ARRANGEMENT WHILE WE'RE HAVING.

LET'S PLEASE DON'T. BUT WHILE WE'RE HAVING THAT CONVERSATION AND BECAUSE, YOU KNOW, FOLKS WHO ARE WATCHING WILL TALK ABOUT THE FACT THAT IF THERE'S THIS MUCH MONEY COMING IN, THEN THAT'S, YOU KNOW, OUR FOLKS ARE PAYING THAT AND THAT, YOU KNOW, THIS IS THAT MAYBE WE COULD REDUCE THE EXPENSE BECAUSE THERE'S SO MUCH COMING IN. CAN YOU JUST AND I MAY BE ASKING FOR A NUMBER YOU DON'T HAVE RIGHT NOW, BUT I WANT TO MAKE SURE THAT THE WORLD KNOWS THE WATER THAT WE'RE TALKING ABOUT IS NOT JUST FOR METRO LOUISVILLE. RIGHT? SO, YEAH. SO WHEN WE SELL WATER IN LOTS OF PLACES. SO THERE'S A LOT OF WATER IS I WOULD CALL US MORE OF A REGIONAL ENTITY NOW. SO IT'S ALL OF LOUISVILLE METRO. THERE ARE CUSTOMERS IN OLDHAM COUNTY AND BULLITT COUNTY WHO GET A BILL FROM LOUISVILLE WATER. BUT THEN WE PARTNER WITH NINE SMALLER WATER DISTRICTS, ENTITIES AND CITIES AROUND THE LOUISVILLE AREA. WE CALL THEM PARTNERSHIPS BECAUSE WE'RE SELLING OUR WATER TO THEM, BUT WE'RE ALSO HELPING THEM WITH ENGINEERING PROJECTS. MAYBE THERE'S A CONSTITUENT QUESTION. SO THE OHIO RIVER IS AN AMAZING, ABUNDANT RESOURCE. AND OUR FOUNDERS, 160 YEARS AGO, BUILT TREATMENT PLANTS THAT HAVE EXCESS CAPACITY. SO IT IT'S ONLY HELPS US WHEN WE CAN SELL WATER OUTSIDE OF LOUISVILLE.

AND AND WE'RE A REGIONAL ECONOMY NOW TOO. AND SO OUR REGIONAL WATER SALES OVER THE PAST TEN YEARS HAVE GROWN EVERY YEAR. AND THAT'S BECAUSE A LOT OF THE ECONOMIC DEVELOPMENT IS HAPPENING AROUND LOUISVILLE WHEN YOU THINK OF BIG PROJECTS. AND SO THAT HAS ONLY BEEN TO OUR ADVANTAGE. SO VERY GOOD POINT. YEAH. AND THAT'S GOING TO CONTINUE TO HAPPEN. SO FOR JOHN Q PUBLIC WHO'S LISTENING THE WHAT WHEN WE'RE TALKING ABOUT THIS AMOUNT OF MONEY THAT'S COMING IN THAT AND THE DIVIDEND THAT LOUISVILLE'S GETTING FROM IT AND THE FREE WATER. AND PEOPLE WANT TO QUESTION AND CHALLENGE AND SAY, YOU KNOW, WELL, MY WATER BILL, I ASSURE YOU YOUR WATER BILL IS CHEAPER IN LOUISVILLE THAN IT WOULD BE IF WE DIDN'T OWN THE WATER COMPANY. AND IF IT WASN'T RUN AS EFFICIENTLY AS IT'S RUN, I WOULD. THIS IS ACTUALLY SOMETHING FOR US TO BE VERY PROUD OF. IT IS, AND I WOULD IF YOU HUMOR ME, I'D REALLY LIKE TO MAKE A COUPLE POINTS ON THAT SCORE. WE ACTUALLY SELL WHOLESALE WATER TO THOSE SURROUNDING COMMUNITIES, AND THEY ARE IN A SITUATION WHERE THEY NEED THAT WATER CAPACITY TO CONTINUE TO FUEL THEIR GROWTH. AND WE ARE UNIQUELY SITUATED. WE'RE THE ONLY PEOPLE SITUATED CAN ACTUALLY MEET THAT DEMAND. AND TO YOUR POINT, THAT IS DIRECTLY BENEFICIAL TO METRO

[01:15:01]

PURSUE OR REQUEST A REPORT ABOUT LOCAL WATER AND SOMETHING LIKE DATA CENTER USAGE OR POTENTIAL IMPACT, I KNOW BLUE OVAL IS PRETTY UTILITY INTENSIVE. IS THAT SOMETHING THAT COUNCIL CAN REQUEST AND THEN THIS BOARD CAN ACTUALLY PUT TOGETHER? OR DO YOU ALREADY HAVE THOSE MATERIALS TO ANSWER YOUR QUESTION? YES, WE CAN PROVIDE THAT TO YOU. WE WE FREQUENTLY WILL VISIT WITH YOUR PARTICULAR COMMITTEES TO TALK ABOUT MAYBE SOMETHING WITH PUBLIC HEALTH, MAYBE IT'S INFRASTRUCTURE, MAYBE IT'S ECONOMIC DEVELOPMENT LIKE THIS.

SO WE WORK VERY CLOSELY WITH LITA AND THE MAYOR'S OFFICE ON ECONOMIC DEVELOPMENT REQUESTS AS, AS GLEE AND THE OTHERS. SO IF THERE'S A PARTICULAR TOPIC THAT YOU WANT TO DIVE INTO.

ABSOLUTELY. WE ARE HAPPY TO DO THAT. AND WE DO HAVE ACTIVE CONVERSATIONS ON EXACTLY THE QUESTIONS YOU JUST ASKED. THERE IS INFORMATION THAT WE CAN MAKE AVAILABLE. I THINK THAT MAKES ME HAPPY TO HEAR AS WELL AS JOHN Q PUBLIC. YEAH. AND JANE Q PUBLIC, FOR WHAT IT'S WORTH. SO THANK YOU ALL SO MUCH. AND ALSO HAPPY 165TH BIRTHDAY. HAPPY BIRTHDAY. IT'S A BIG YEAR FOR YOU ALL. YEAH. CHEERS. SO OUR NEXT PEOPLE THAT WE'RE GOING TO CALL UP IS. PROBABLY THE REASON THAT YOUR WATER BILL IS SO HIGH. BUT WE'VE GOT FOLKS FROM MSD WHO ARE GOING TO BE JOINING US, ANOTHER VITAL SERVICE TO OUR COMMUNITY. AND AS THEY MAKE THEIR WAY UP, WE'VE GOT THEM UNDER A STATUTE AND A LOCAL ORDINANCE. THEY MEET EVERY MONTH ON THE FOURTH MONDAY.

THEY DON'T HAVE ANY IMMEDIATE VACANCIES. THEY'VE GOT EIGHT MEMBERS, BUT ONE OF THOSE HAS A TERM EXPIRED. AND WITH THAT, I'M GOING TO BE TURNING IT OVER TO DANA PRICE. AND HELLO, DIRECTOR PARROTT. HI. HELLO. YEAH, YEAH. THANK YOU. WELL, GOOD EVENING AGAIN. MY NAME IS DANA PRICE. I'M SORRY. OKAY. GOOD EVENING AGAIN. MY NAME IS DANA PRICE. I SERVE AS A DIRECTOR OF RECORDS AND INFORMATION GOVERNANCE, WHICH ENCOMPASSES THE MANAGEMENT OF THE MSD BOARD. I HAVE WITH ME OUR EXECUTIVE DIRECTOR, OF COURSE, MR. TONY PARROTT. WE ALSO HAVE MONICA HARDEN HERE WITH US. SO WE'LL GO THROUGH THIS PRESENTATION TO GIVE YOU OUR OVERSIGHT ABOUT OUR MSD BOARD. AND THEN WE'LL BE AVAILABLE TO ANSWER ANY QUESTIONS YOU HAVE. SO MSD WAS CREATED IN 1946. AGAIN IT'S A PUBLIC BODY CORPORATE. IT IS UNDER CHAPTER 76, AS YOU MENTIONED, UNDER THE KENTUCKY REVISED STATUTES. IT AUTHORIZES MSD TO CONSTRUCT ADDITIONS, BETTERMENTS AND EXTENSIONS WITHIN ITS SERVICE AREA AND RECOVER THOSE COSTS IN ACCORDANCE WITH THIS RATE SCHEDULES THAT ARE ADOPTED BY OUR MSD BOARD. WE HAVE THE THREE CORE BUSINESSES, THREE UTILITIES IN ONE. SO THERE'S OUR SANITARY SEWER SERVICE, WE HAVE OUR STORM WATER DRAINAGE, AND WE HAVE FLOOD PROTECTION.

SO OUR GOVERNANCE AND OVERSIGHT, IT IS BY STATUTE, THE MSD BOARD IS APPOINTED BY THE BOARD.

MEMBERS ARE APPOINTED BY THE METRO MAYOR. ARE THERE REVIEWED BY THE GOVERNANCE AND ACCOUNTABILITY COMMITTEE AND ULTIMATELY APPROVED BY THE METRO COUNCIL. THERE ARE EIGHT BOARD SEATS TO DIFFERENT STATE SENATE DISTRICTS. THERE CAN BE TWO FROM THE SAME DISTRICT.

[01:20:02]

THEY ESTABLISH, RE, ENFORCE AND REVISE IN THE MANNER PRESCRIBED AGAIN ACCORDING TO OUR SCHEDULES, RATES AND RENTALS AND CHARGES FOR THE DISTRICT. THEY APPROVE CONTRACTS OUTSIDE AND ABOVE THE SCOPE OF THE EXECUTIVE DIRECTOR, THEIR AUTHORITY. THEY ALSO APPROVE ALL OF OUR POLICIES, CODE AND REGULATIONS THAT ARE NECESSARY TO MANAGE THE AFFAIRS OF MSD.

ADDITIONALLY, THEY APPROVE THE TERMS AND CONDITIONS FOR OUR COLLECTIVE BARGAINING AGREEMENT BETWEEN MSD AND COLLECTIVE BARGAINING. BARGAINING REPRESENTATIVES FOR MSD UNIT EMPLOYEES. MSD BOARD MEETINGS JANUARY OF EACH YEAR, THE BOARD ADOPTS A RESOLUTION ESTABLISHING BOARD MEETINGS. THE MEETINGS ARE HELD ONCE A MONTH. IT IS TYPICALLY THE FOURTH MONDAY OF EACH MONTH, UNLESS MONDAY IS A HOLIDAY. OUR OPEN SESSION IS AT 12 P.M. THE BOARD THEN GOES INTO CLOSED SESSION. IN THE OPEN SESSION FOR PUBLIC BEGINS AT 1 P.M. OUR BOARD MEETINGS ARE IN PERSON UNLESS OTHERWISE NOTED BY THE BOARD CHAIR. THE BOARD MEETINGS FOR NOVEMBER AND DECEMBER ARE ADJUSTED TO ACCOMMODATE THE HOLIDAY UNDER CRS 76 AS WELL.

THE COMPENSATION IS SET $75 FOR EACH BOARD MEETING AND $50 FOR EACH COMMITTEE MEETING, WITH A MAXIMUM OF 100 $1,800 PER FISCAL YEAR. THE BOARD HAS COMMITTEES SO THAT WE HAVE A TENTATIVE SCHEDULE THAT GOES OUT FOR THE COMMITTEES, AND WE SCHEDULE THOSE IN COORDINATION WITH THE COMMITTEE CHAIRS AND RELATED STAFF. WE HAVE FOUR COMMITTEES THAT HAVE CHARTERS.

OUR COMMITTEES ARE FINANCE COMMITTEE, INFRASTRUCTURE, PERSONNEL AND AUDIT COMMITTEE.

EACH OF THEM HAVE A CHARTER THAT STATES THEY MEET AT LEAST FOUR TIMES A YEAR. THEY CAN MEET AT ADDITIONAL TIMES AS NEEDED. THIS IS ALSO GOVERNED BY CRS. THEY CAN MEET AS MANY AS 28 TIMES FOR COMMITTEE, NO MORE THAN 24 TIMES IF THEY NEED A SPECIAL BOARD MEETING. OUR GOVERNANCE AND OVERSIGHT AGAIN, OUR BOARD COMMITTEES, THEY DO REVIEW POLICIES, ANY INITIATIVES, BUDGETS, RATES, BONDS AS APPROPRIATE, AND THEY HAVE THEIR REVIEW AND RECOMMENDATION OF APPROVAL TO THE BOARD BEFORE IT GETS TO BOARD APPROVAL. EACH COMMITTEE ALSO REVIEWS MSD'S STRATEGIC GOALS AND PERFORMANCE METRICS AND RECOMMENDS CHANGES, UPDATES, ETC. AS NECESSARY. ACCORDING TO THE OPEN MEETINGS ACT. WE DO FOLLOW THAT, AND PURSUANT TO CRS 6061 810, ALL OUR MEETINGS THAT THE BOARD HAS BEEN CONDUCTING PUBLIC BUSINESS IS DISCUSSED ARE AT WHICH TIME AN ACTION IS TAKEN. THE BOARD TAKES THOSE ACTIONS IN OPEN SESSION, EXCEPT FOR SPECIFIC EXCEPTIONS, OF COURSE, ACCORDING TO CRS 61 AND ALSO THE PERSON PROHIBITS QUORUM, THE QUORUM HAS TO BE IN PLACE WHENEVER THERE'S PUBLIC BUSINESS BEING DISCUSSED. ONE OF THE OTHER ROLES, THE MSD BOARD, AGAIN, IS SUPPORTED BY THE MAYOR, BUT WE ALSO MANAGE THE LOUISVILLE METRO ORDINANCE AND THE CHAPTER 157 SO THE FLOODPLAIN MANAGEMENT ORDINANCE. SO ALL OF OUR BOARD MEMBERS ALSO SERVE AS THE FLOODPLAIN BOARD, SO THEY MAY GRANT VARIANCES, MAY IMPOSE CONDITIONS ON VARIANCES AS

[01:25:01]

WHAT I UNDERSTAND IS BASED ON WHAT THEY'VE TOLD US IN TERMS OF SCOPE, THAT THEY WILL PROVIDE US AN OPPORTUNITY TO ENGAGE WITH SOME OF THE THE INFORMATION THAT THEY ARE GOING TO BE, WHETHER IT'S JUST RECOMMENDATIONS OR PROPOSALS. BUT THAT WOULD GO TO US FOR A CHANCE TO RESPOND BEFORE ANYTHING IS RELEASED. AND. I DIDN'T SEE IT VERY MUCH. I MEAN, THERE'S AN INFRASTRUCTURE COMMITTEE, BUT IN TERMS OF CAPITAL PROJECTS, HOW MUCH DOES THE BOARD OVERSEE THOSE? THE BOARD APPROVES OUR ANNUAL CAPITAL BUDGET, AND WE DO HAVE AN INFRASTRUCTURE INFRASTRUCTURE COMMITTEE THAT REVIEWS AND APPROVES ALL MAJOR PROJECTS. AS YOU MAY RECALL, CURRENTLY WE ARE UNDER A FEDERAL CONSENT DECREE AND ABOUT 90% OF OUR CAPITAL BUDGET IS REQUIRED EITHER BY FEDERAL CONSENT DECREE OR STATE ORDER, STATE ORDER. AND SO OBVIOUSLY, ANYTHING THAT WE'VE AGREED TO DO, WE HAVE TO DO THE BOARD HAS TO DO IT. BUT THEY APPROVE OUR CAPITAL BUDGET EVERY YEAR AND FUND THOSE PROJECTS. AND DO YOU KNOW, ON AVERAGE, MAYBE THE LAST FEW YEARS, WHAT THE AVERAGE CAPITAL PROJECTS ARE ANNUALLY RIGHT NOW? FOR THE PAST FIVE YEARS, WE'VE BEEN AVERAGING CLOSE TO $300 MILLION A YEAR. AND RIGHT NOW I CAN TELL YOU THAT OUR CURRENT CAPITAL BUDGET IS ABOUT $310 MILLION FOR FISCAL YEAR 26, AND FOR FISCAL YEAR 27 IS GOING TO BE VERY CLOSE TO THAT NUMBER.

AGAIN, OUR CURRENT AMENDED CONSENT DECREE RUNS THROUGH 2035. AND JUST AN EXAMPLE OF A COUPLE OF THE PROJECTS. WE HAD A WATERWAY PROTECTION TUNNEL THAT RUNS FROM DOWNTOWN TO GRINSTEAD DRIVE. THAT WAS A $250 MILLION PROJECT. CURRENTLY, WE'RE UNDER CONSTRUCTION WITH OUR PADDY'S RUN FLOOD PUMP STATION PROJECT. THAT'S A $240 MILLION PROJECT. AND WE ALSO HAVE A MAJOR BIOSOLIDS PROJECT GOING ON IN OUR WASTEWATER TREATMENT PLANT, WHICH IS ANOTHER $230 MILLION PROJECT. AND WE ARE CURRENTLY UNDER DESIGN FOR ANOTHER TUNNEL PROJECT THAT'S GOING TO BE OUT IN THE SAINT MATTHEWS AREA, WHICH IS GOING TO BE A SIX MILE TUNNEL. THAT'S GOING TO PROBABLY BE ANOTHER $270 MILLION PROJECT. SO IT SOUNDS LIKE A LOT OF MONEY, BUT UNDER REGULATORY REQUIREMENTS, THOSE FOUR PROJECTS ARE OVER $1 BILLION. KIND OF I DON'T WANT TO DO THIS, BUT KIND OF LOOKING AT SOMETHING SELFISHLY FOR MY DISTRICT, IF THERE WAS A ONE OF THE THINGS THAT WE DEAL WITH OFTEN IS COMPLAINTS ABOUT THE DITCHES OR GUTTERS ALONG EASTERN PARKWAY, THEY'RE QUITE ANTIQUATED, AND PEOPLE WOULD LIKE MODERN GUTTER SYSTEMS PUT IN. AND IF THERE WAS A COUNCIL PERSON THAT HAD THAT COMPLAINT AND OF COURSE, WE'RE TALKING ABOUT A STATE ROAD, HOW WHAT WOULD BE THE PROCESS FOR ADVOCATING FOR THAT WITH THE, SAY, INFRASTRUCTURE COMMITTEE OR THE ENTIRE BOARD? YEAH, I THINK THE FIRST START WOULD BE, IS IS IF THERE'S AN AREA OR A LOCATION THAT YOU WANT US TO TAKE A LOOK AT, I WOULD ENCOURAGE YOU TO REACH OUT DIRECTLY TO ME AS THE EXECUTIVE

[01:30:05]

THANK YOU. ANY OF MY COLLEAGUES QUESTIONS, COUNCILMAN BRATCHER? MR. PERRY, YOU KNOW THAT MY AND MY COLLEAGUES ON WHEN I WAS ON THE LEGISLATURE, WE WERE, YOU KNOW, PRETTY BLUNT WITH YOU MANY TIMES. AND I JUST WANT YOU TO KNOW I APPRECIATE YOUR WORK. I MEAN, YOU KNOW, IT'S A TOUGH JOB YOU'RE DEALING WITH, AND I KNOW YOU GOT DEBT OUT, OUT THE YING YANG TO KEEP UP WITH THIS CONSENT DECREE, BUT I JUST HAVE A FEW QUESTIONS. AND JUST ANTICIPATING THE AUDIT THAT AUDITOR BALL IS DOING RIGHT NOW. AND BE LOOKING FORWARD TO SEEING WHAT THAT HAS UNFOLD.

BUT WHAT IS Y'ALL'S RELATIONSHIP WITH THE LOUISVILLE WATER COMPANY? THE LOUISVILLE WATER, OBVIOUSLY, WE'RE ESTABLISHED UNDER UNDER CRS. AND I THINK YOU HEARD EARLIER THAT THE LOUISVILLE WATER COMPANY IS REALLY A COMPANY THAT'S OWNED BY METRO LOUISVILLE. WE HAVE A, I GUESS YOU COULD SAY, AN OPERATIONAL RELATIONSHIP IN CERTAIN AREAS.

WE HAVE BEEN SORT OF WHAT WE CALL ONE WATER PARTNERS FOR THE PAST DECADE OR SO. THEY DO OUR BILLING FOR US, FOR EXAMPLE, AND WE ALSO WORK TOGETHER ON OTHER MATTERS TO LOOK AT SYNERGIES OR TO LOOK AT THINGS THAT WE CAN COST SHARE ON. BUT OPERATIONALLY, WE ARE TWO SEPARATE ENTITIES. IF I REMEMBER HISTORICALLY, AND WE DON'T HAVE TO GO DOWN THIS RABBIT HOLE, BUT THERE WAS A MOVEMENT TO COMBINE YOU TWO, RIGHT? YEAH, I WOULD SAY PROBABLY UNDER THE FISHER ADMINISTRATION THERE WAS A LONG, LONG STUDY AND A LOOK ABOUT 15 YEARS AGO OF THAT POSSIBILITY. I THINK THERE WERE A LOT OF, I GUESS YOU COULD SAY, OPPORTUNITIES FOR OPERATIONAL SYNERGIES. BUT I THINK THE ULTIMATE DECISION WAS, IS THAT IT WAS NOT IN THE BEST INTEREST OF METRO GOVERNMENT FOR THAT. OR THERE WAS IT WAS SO COMPLEX AND PARTICULARLY WITH THE REGULATORY ASPECT OF MSD AND ALL THE THE DEBT THAT IT WAS NOT PURSUED AT THAT TIME. JUST A COUPLE MORE QUESTIONS. WHEN YOU DO A RATE INCREASE, IS IT THE BOARD THAT SIGNS OFF ON THAT? ESSENTIALLY, UNDER CURRENT METRO ORDINANCE, OUR BOARD HAS THE ABILITY TO APPROVE RATES NO MORE THAN 6.9%. AND THERE'S BEEN WITH WITHOUT A VOTE COMING TO METRO COUNCIL. THAT WAS SOMETHING THAT WAS ESTABLISHED PROBABLY ALMOST 20 YEARS AGO UNDER METRO ORDINANCE. I DON'T REMEMBER THE METRO ORDINANCE, BUT THAT IS SOMETHING THAT WE WE WE THERE'S A TEST CASE THAT OUR CFO DOES EVERY YEAR TO MAKE SURE THAT WE DO NOT INCREASE THOSE, THOSE, THOSE REVENUES OVER 6.9%. AND THE ONE THING I WILL TELL YOU IS THAT, YOU KNOW, WE'VE HEARD OVER THE LAST YEAR WITH OUR DISCUSSIONS WITH YOU AND OTHERS, WE KNOW THERE'S A CONCERN ABOUT AFFORDABILITY, AND WE KNOW THAT WE HAVE OUR OBLIGATIONS UNDER THE CONSENT DECREE, AND WE HAVE OUR OBLIGATIONS TO MAKE SURE THAT OUR BOND RATINGS DO NOT SLIDE. AND SO BUT WE'RE WE WE HAVE HEARD YOU, WE HAVE TAKEN A LONG LOOK AT HOW WE CAN REDUCE THOSE RATE INCREASES. AND THIS FISCAL YEAR, FISCAL YEAR 26, OUR RATE INCREASE WAS 3.9%. AND ACTUALLY IT WAS THE LOWEST RATE INCREASE WE'VE HAD FOR THE LAST 20 YEARS. AND THE LAST QUESTION IS WHEN A RATE INCREASE COMES TO THE BOARD FOR APPROVAL, DOES IT GO THROUGH ONE OF THESE LIKE FINANCE COMMITTEES OR WHATNOT FIRST? YEAH, ACTUALLY WHAT HAPPENS IS, IS THAT INDEPENDENTLY, THE FINANCE COMMITTEE LOOKS AT OUR BUDGET AND THEN THE INFRASTRUCTURE COMMITTEE LOOKS AT OUR CAPITAL BUDGET. AND THEN AT THE END, PROBABLY LIKE IN APRIL OR MAY, WE HAVE A JOINT INFRASTRUCTURE FINANCE MEETING WHERE WE VET BOTH THE OPERATIONAL BUDGET AND THE CAPITAL BUDGET AND THE RECOMMENDATION FOR THE APPROVAL OF THOSE BUDGETS AND THE CORRESPONDING RATE INCREASES GO THROUGH THAT JOINT COMMITTEE. AND THEN ONCE IT GOES THROUGH JOINT COMMITTEE, IT GOES TO THE FULL BOARD. AND THEN THE PROCESS IS, IS THAT THE BOARD ONCE ONCE THEY HEAR THAT AND THEY APPROVE THAT, WE GO INTO A PUBLIC COMMENT PERIOD WHERE WE HAVE TO PUT IT OUT FOR PUBLIC COMMENT, AND THEN WE COME BACK 60 DAYS LATER AND APPROVE THE FINAL RATE RESOLUTION IN JULY. SO IT THE PRELIMINARY RATE APPROVAL HAPPENS IN MAY. THE

[01:35:03]

I'M PERSONALLY VERY EXCITED TO LEARN MORE ABOUT THIS. BUT AS YOU MAKE YOUR WAY UP, THAT IS NOT SARCASM. I THINK WE HAVE THIS IS NOT UNDER LOCAL OR UNDER STATUTE AUTHORITY. THIS IS UNDER A LOCAL ORDINANCE. THEY MEET AS NEEDED. THERE'S 14 MAXIMUM MEMBERS AND NO IMMEDIATE VACANCIES, BUT NINE TERMS ARE EXPIRING SOON. AND WITH THAT, I AM GOING TO TURN THIS OVER TO JOHN BARTLEY AND STEVE AMSLER. YES, MA'AM. IS THAT YOU? ALL ALRIGHT? THE FLOOR IS YOURS. ALL RIGHT. WELL. THANK YOU. STEVE AMSLER SERVE AS THE CHAIR FOR THE GROUP AND JOHN IS THE EXECUTIVE DIRECTOR FOR THE GROUP. THANK YOU. IS YOUR MICROPHONE ON? IS IT ON? THERE WE GO. THANK YOU. WELL, I THINK I STARTED WITH MY WRITE UP, WHICH IS THE BIGGEST QUESTION WE ALWAYS GET IS WHY ARE WE PART OF LOUISVILLE METRO IN ONE WAY, SHAPE OR FORM. SO I GAVE WHAT WE BELIEVE TO BE A PRETTY ACCURATE HISTORY OF GOING BACK TO 1940S ON HOW THE LOUISVILLE MEDICAL CENTER, INC. OR THE COMMISSION FOR JEFFERSON COUNTY BOARD WAS CREATED, AND IT ALL CENTERS AROUND THE OLD GENERAL HOSPITAL AND HOW IT WAS DONE. AND GENERAL HOSPITAL DECIDED TO BUILD OR REPLACE ITS MECHANICAL SYSTEM AND CREATED A CENTRAL STEAM PLANT TO ENCOURAGE OTHER HOSPITALS TO COME DOWNTOWN AND BE A PART OF THE FUTURE, GROWTH OF WHICH LATER BECAME THE LOUISVILLE MEDICAL CENTER. SO AS YOU SEE IN THE WRITE UP, SEVERAL THINGS

[01:40:01]

ANY QUESTIONS ON THE HISTORY BEFORE I MOVE ON? COUNCILMAN? I'M SORRY, COUNCILMAN KRAMER.

THANK YOU, MADAM CHAIR. YOU SAID IT'S NOW MANAGED BY THE PEOPLE WHO USE IT. IT WAS ORIGINALLY SET UP FOR UOFL HOSPITAL. I WAS TRYING TO FLIP THROUGH THE NOTES EARLIER. WELL, I MEAN, YOU ARE. I GUESS ACCORDING TO WHAT I UNDERSTAND, GENERAL HOSPITAL EVENTUALLY BECAME UOFL HOSPITAL. AND ARE THEY STILL THE PRIMARY USER OR ARE ONE OF THE PRIMARY USERS? YES, ONE OF SO IS NORTON'S INVOLVED IN THIS METHOD. SO AS AS IT GREW OVER TIME, NORTON'S HEALTHCARE, WHICH ORIGINALLY ON HERE STARTS OUT AS A METHODIST JEWISH HOSPITAL, WHICH IS NOW PART OF ILL HEALTH, THE SCHOOL OF MEDICINE, WHICH WENT IN THERE AND THEN LATER ON, MUCH LATER, KTC ALSO JOINED, AS THAT ARE ON THE PERIPHERY OF THE EDGE OF THE STEAM PLANT CAPABILITIES. SO THAT'S REALLY DOWN TO FOUR OWNER OR FOUR PRIME USERS. UOFL HEALTH, NORTON HEALTHCARE, UNIVERSITY OF LOUISVILLE MEDICAL CENTER AND THEN KCTCS. SO JUST AND AND PARDON MY IGNORANCE, I'M LEARNING ABOUT THIS AS A AS A REALITY AS WE'RE SPEAKING. WHAT EXACTLY IS THIS? WHAT WHAT IS THIS STEAM PLANT PRODUCING NOW FOR THESE FOUR ENTITIES? IS IT PRODUCING ELECTRICITY? IS IT GENERATING HEAT? WHAT'S. IT ACTUALLY STARTED IN THE 50S TO GENERATE STEAM FOR HEAT, FOR HEAT AND STERILIZATION, FOR THE HOSPITALS. AND THEN AS COOLING BECAME POPULAR IN THE 70S, IT STARTED CREATING CHILLED WATER. SO TODAY, AT THESE ENTITIES YOU DON'T HAVE WE DON'T HAVE BOILERS OURSELVES. WE DON'T HAVE CHILLERS OURSELVES. WE ALL SERVE FROM A CENTRAL STEAM AND CHILLED WATER PLANT. SO THERE'S NOT AN HVAC SYSTEM AT EACH HOTEL. NO, NO. IT JUST TAKE WE TAKE THE CHILLED WATER AND THE STEAM AND THEN EACH ORGANIZATION RUNS IT THROUGH THEIR SYSTEM TO CREATE THE HEAT AND COOLING FOR THE PIECES WHERE IT IS. SO THIS MIGHT BE TOO MUCH OF A QUESTION FOR THIS PARTICULAR COMMITTEE. RIGHT.

BUT WITH CHANGES IN TECHNOLOGY AND IMPROVEMENTS IN HVAC SYSTEMS. YES. IS THIS STILL THE MOST EFFICIENT WAY TO SUPPORT THESE FOUR ENTITIES? OR AS SHOULD WE BE, IS THIS BOARD CONSIDERING LOOKING AT OTHER THINGS BECAUSE IT'S THIS BOARD'S RESPONSIBILITY, RIGHT? YES IT IS. YOU KNOW, AS A I'M ACTUALLY EMPLOYED BY U OF L HEALTH AND OVER FACILITIES FOR THAT WHOLE ORGANIZATION. AND YES, WE LOOK AT IT AS A IT IS A, A, A UTILITY. CHILLED WATER AND STEAM IS AND HOW WE USE IT INSIDE THE BUILDING IS WHERE THE EFFICIENCIES ARE IMPROVING OVER TIME. SO BETTER UNITS ARE GOING IN, MORE EFFICIENT UNITS ARE GOING IN, BUT IT'S STILL USING THAT CHILLED WATER OR HOT WATER TO DO IT. NOW OTHER THINGS LIKE GEOTHERMAL AND ALL THAT JUST IT'D BE TOO HUGE OF AN ENDEAVOR FOR US TO TAKE ON AT THIS POINT. YOU KNOW, WE LOOK AT IT, OUR SMALL FACILITIES, BUT THE BIG ONES, IT'S JUST BEST TO STICK WITH WHAT WE HAVE FOR NOW FOR THAT SERVICE. AND YOU'RE NOT IN COMPETITION WITH LG AND NO.

OKAY, I'LL WAIT FOR THE REST OF YOUR PRESENTATION. THANK YOU. BUT YOU CAN SAY THIS IS THIS IS IT'S IT'S REFERRED TO AS A DISTRICT ENERGY PLANT, YOU KNOW, AND WHAT OUR DISTRICT ENERGY PLANT DOES. IT USES ECONOMIES OF SCALE. WE'RE LARGE ENOUGH THAT THE EFFICIENCIES BETTER IN ONE LARGE AGENCY THAN IT IS INDIVIDUAL UNITS. AND THERE'S BEEN STUDIES, YOU KNOW, THE BOARD AND SO FORTH. WE'VE LOOKED AT THAT NUMEROUS TIMES. AND THE ECONOMIES STILL DICTATE THAT WHERE WE'RE OPERATING IS THE MOST ECONOMICAL AND ENVIRONMENTALLY WHAT WE'VE DONE RECENTLY. YES. YEAH. GREAT. THANK YOU. SO OUR MAKEUP ITSELF AS YOU MENTIONED, IS WE ARE THE FOUR ENTITIES BASICALLY HAVE BOARD MEMBERS ON THERE THAT THE AMOUNT IS BASED ON THE USAGE.

SO THE TOP USERS HAVE TWO MORE BOARD MEMBERS. JUST HOW HOW IT WORKED OUT. WE ALL ARE APPOINTED BY OUR INDIVIDUAL RESPECTIVE BOARD. SO MYSELF IS KIND OF PERMITTED BY THE U OF L HEALTH BOARD AND SO ON. ALL THE MEMBERS ARE KIND OF SUPPORTED THROUGH THAT. AND THEN THEY COME TO US FOR RECOMMENDATION AND APPROVAL, AND WE TURN THOSE INTO METRO GOVERNMENT FOR FINAL APPROVAL. BUT THAT'S THE RECOMMENDATIONS ARE COMING THROUGH THERE. SO WE ALL ARE.

WHEN I SAY WE, THE BOARD MEMBERS, REALLY OUR OVERSIGHT IS WITH OUR RESPECTIVE BOARDS

[01:45:05]

JUST AS AN OPERATING PIECE. ONE OF THE BIG THINGS THAT IS STILL PART OF IT IS WHY WE, YOU KNOW, STILL PART OF THIS IS REALLY OUR EMPLOYEES ARE IN THE PENSION PLAN AND ARE PART OF THE HEALTH PLAN. SO THAT'S JUST SOMETHING THAT'S BEEN THERE FOR A LONG TIME, AND WE'VE NOT DISRUPTED THAT. AND SOME KEY FIGURES ON THAT. YOU KNOW, I MENTIONED OVERSIGHT IS FOR THAT.

SOME OF THE THINGS WE'VE DONE ABOUT FIVE YEARS AGO, WE DID A BOILER UPGRADE AND WE TOOK OURSELVES OFF OF COAL AND WENT 100% TO NATURAL GAS. AND THIS WAS DONE ON AN EFFICIENCY BASIS AND A COST SAVINGS FOR US OVER TIME. AND THAT WAS FUNDED THROUGH WE DON'T RUN WITH A CAPITAL PROJECT CAPITAL BUDGET, BUT THIS IS ALL DONE THROUGH BONDING. AND EVENTUALLY WE CAME TO METRO GOVERNMENT WITH THE FINAL ISSUANCE OF THOSE BONDS, WHICH ARE GUARANTEED BY THE FOUR ENTITIES THAT ARE A PART OF IT. SO THEY'RE PAID BACK THROUGH OPERATING COSTS BECAUSE OF THE REDUCTION IN OUR COSTS FOR PAYING FOR STEAM HELPS OFFSET THE COST OF PAYING BACK THE BONDS, AND THEY WERE DONE ON A 30 YEAR BASIS. WHAT WE'RE LOOKING AT NOW, WE'RE LOOKING AT CHILLER COOL COOLING. AS WE HAVE EXPANDED SOME ADDITIONAL BUILDINGS DOWNTOWN. WE ARE WE MANAGE THAT AND LOOK AT THAT FROM A LONG TERM BASIS. THAT'S WHAT THE BOARD LOOKS AT. U OF L IS LOOKING AT BUILDING ANOTHER FACILITY. UNIVERSITY JUST OPENED ANOTHER FACILITY AND ALL THOSE NUMBERS KIND OF COME BACK INTO THIS. SO WE HAVE CAPACITY TODAY. IT'S AS JOHN REMINDS US, IT'S THAT MIDDLE OF AUGUST 102 DEGREE DAY OUTSIDE. HOW DO WE ALL FARE IF SOMETHING GOES DOWN? SO THAT'S THAT'S KIND OF WHAT WE LOOK AT TO MAKE SURE THAT OUR PATIENTS ARE SAFE AND OUR STAFF AND ALL ARE KEPT WELL. SO I THINK THAT'S REALLY ABOUT ALL WE HAD. ANYTHING ELSE TO ADD? THAT'S ABOUT THE SHORT OF IT. YEAH, I THINK WE'VE ALL GOT SOME QUESTIONS, BUT I'LL START US OFF. SO ONE OF THE ADVANTAGES IS THAT YOUR FACILITIES OPERATE INDEPENDENT OF LOUISVILLE WATER AND ALGAE. AND SO THAT IF THERE WERE AN EMERGENCY, THE HOSPITALS AND HEALTH PROGRAMS WOULD STILL BE RUNNING. I CAN I CAN ANSWER THAT THE WE WE'RE WE ARE UNDER THE HOSPITALS ARE UNDER JOINT COMMISSIONULE WHICH REQUIRE WE HAVE ALTERNATE SOURCES OF POWER AND FUEL. SO WE HAVE TO HAVE TWO SOURCES. LIKE I SAID, THE STEAM PLANT RUNS OFF GAS, BUT WE HAVE A BACKUP OF FUEL OIL ON SITE TO MATCH THE 3 OR 4 DAYS THAT WE'RE REQUIRED TO HAVE. SAME WAY WITH EMERGENCY POWER. WE WE ALL GET OUR POWER FROM ALGAE, BUT WE HAVE EMERGENCY GENERATORS THAT HANDLE THE CAPACITY THAT WE HAVE TO HANDLE. CAN YOU SPEAK TO THE AMOUNT OF LAND THAT YOU OWN? BECAUSE THAT'S REFERENCED A LOT IN THE HISTORY THAT YOU PROVIDED, BUT, YOU KNOW, THERE'S YOU ACQUIRE. SO OF COURSE, WE'VE GOT THE HOSPITALS DOWN HERE, WHICH I GUESS TODAY WOULD BE REFERRED TO AS LIKE THE LOOMED DISTRICT. BUT THEN YOU ALSO HAVE PROPERTY ON STORY AVENUE. YES, I FAILED I FAILED TO MENTION THAT THE DECISION WAS MADE BACK IN THE 70S TO TAKE ON THE OPPORTUNITY OF CREATING A CENTRAL LAUNDRY. SO PRIOR, PREVIOUSLY, EACH HOSPITAL HAD THEIR OWN LINEN SERVICE. THE DECISION WAS MADE AND USED THE MEDICAL CENTER STEAM PLANT OPERATION AS A WAY TO MANAGE AN INDEPENDENT GROUP THAT WOULD DO THAT, AND THEN CHARGE BACK TO THE FACILITIES BASED ON THEIR NEEDS. SO THAT IS A PART OF THIS BOARD OVERSIGHT, THE CENTRAL LAUNDRY. BUT AGAIN, THAT WOULD BE ONLY THE ENTITIES WHO USE IT, WHICH ARE REALLY JUST THE HOSPITALS AND A LITTLE BIT OF CLINICS AND THE UNIVERSITY. BUT THE, YOU KNOW, CPTC DOES NOT IS NOT INVOLVED IN THAT. SO PART OF THE DISCUSSIONS, YOU SEE, IS THE LAND DOWN ON STORY AVENUE THAT IS A PART OF THIS. AND THEN THE SMALL PLOT OF LAND THAT THE STEAM PLANT ACTUALLY SITS ON, AND THERE ARE EASEMENTS FOR ALL THE OTHER TUNNELS THAT ARE THERE. THEY'RE ALL OVER, BASICALLY MADISON AND

[01:50:02]

THANK YOU FOR FOR. SO YOU HAVE ALL HEALTH WOULD HAVE FOUR SEATS NORTON HEALTHCARE FOUR SEATS CORRECT. UNIVERSITY OF LOUISVILLE THREE. AND THEN JC ONE. YES OKAY. I MEAN HONESTLY LOOK AT THAT HISTORY. IT'S VERY, VERY INTERESTING. IT'S A GREAT WAY TO COME TOGETHER AND SOLVE A PROBLEM. I DON'T EVEN KNOW WHY YOU NEED THE METRO INVOLVED. WELL, THAT QUESTION COMES UP, BUT WE THE PENSION PLANS PART OF IT. AND I THINK THAT COMES UP IN SENIORS, RIGHT? YES, YES.

SO WAS YOU FEELING THE ANY WHERE'S THAT IN THE BUDGET THAT JUST FALLS UNDER THE IN THE TOTAL IN EMPLOYEE EMPLOYEES. IT'S IN THE TOTAL. THE TOTAL THAT'S PROVIDED THAT 25. IT'S IT'S ALL INCLUSIVE. IT'S SALARIES CAPITAL FUEL. YEAH I DIDN'T GIVE A FURTHER BREAKDOWN.

WELL I REALLY LEARNED SOMETHING TODAY. I'LL TELL YOU WHAT. IT'S INTERESTING. I WAS EXCITED TO CHECK THIS OUT. HOW MANY EMPLOYEES DO YOU ALL HAVE? I'LL LET JOHN ANSWER THAT. HE KNOWS BETTER. WELL, WE TALKED ABOUT COMING UP THE STEPS. YEAH, WE'VE GOT 18 IN THE STEAM PLANT AND WE'VE GOT ABOUT 70 IN THE UNDR. OKAY. THANK YOU. COUNCILMAN. CNCILN CRAMER, THIT'S A CON. THANK YOU. SI USE M PRTY SE I H BIT OF REVENUE THAT'S SPENT IS FROM THE ENTITY. SO WE GOT NO SKIN IN THE GAME IN A SENSE, EXCEPT WE GAVE YOU SOME PROPERTY WHICH WE DON'T OWN ANYMORE BECAUSE IT'S NOW YOURS. IT'S. AND THEN OF COURSE, AND THEN THE LAST PIECE IS YOU'RE USING US FOR BONDING, RIGHT? LIKE YOU, YOU ARE ABLE TO TO LET BONDS UNDER LOUISVILLE'S NAME AND WITH LOUISVILLE'S GOOD CREDIT. YES. YES SIR. BUT IT BUT WHEN YOU DO THAT WE DON'T TAKE ON THE RISK. THE FOUR ENTITIES TAKE ON THE RISK. WE BROUGHT FORTH THE STEAM PLANT EXPANSION A NUMBER OF YEARS AGO TO BE SIGNED OFF HERE. WE'RE PROCESSING THOSE. GREAT. THANK YOU. CONSIDER A QUASI GOVERNMENT. I BELIEVE THAT'S THE WORD. THAT'S THE WORD I HEAR. YEAH, WELL, THAT WAS REALLY SOMETHING ELSE A FEW YEARS AGO WHEN WE WERE DOING THAT PENSION ISSUES IN FRANKFORT WAS THE QUASI WERE SO COMPLICATED? YES. YOUR IN 2012, THE 30 YEAR AGREEMENT WAS WITH JEFFERSON COUNTY. LOUISVILLE METRO WAS RENEWED. AND SO THAT COULD YOU KIND OF SPEAK TO THE TERMS OF THAT. AND THEN WHEN THIS COMES UP IN 2042. WHAT WOULD BE THE INCENTIVE FOR LOUISVILLE METRO TO RENEW THE CONTRACT? I THINK THAT WAS WHEN LOUISVILLE METRO WAS BEING FORMED. THAT'S WHERE THAT CAME FROM. RIGHT. SO THEY JUST EXTENDED IT OUT ABOUT NINE, TEN YEARS AFTER AFTER. OKAY, I APOLOGIZE. IT'S OKAY. I'VE GOT A QUESTION FOR THAT TIME. STEVE. YEAH, THAT WAS BEFORE MY TIME.

I THINK, YOU KNOW, PART OF IT IS THE LAND. I THINK SOME OF THAT STORY AVENUE PIECE, I THINK THERE'S YOU READ SOME HERE WHERE SOME OF IT WAS DEEDED OVER TO METRO TO BUILD THE FIRE STATION, YOU KNOW, AS PART OF SOME TRADE OFFS OF SOME THINGS MAYBE THAT GOES AWAY AT

[01:55:05]

IS IT REQUIRED THAT IT'S CALLED THE MEDICAL CENTER COMMISSION OF JEFFERSON COUNTY? WELL, ALL OUR DOCUMENTS, IT'S IT WAS CREATED AT LOUISVILLE MEDICAL CENTER BECAUSE WHAT WE GO BY AND THE BONDS WERE ISSUED TO THAT. SO. I THINK WHAT YOU DO GO BACK TO THE PREVIOUS NAME THAT'S STILL OUT THERE. YEAH. IT SEEMS LIKE UNDER, YOU KNOW, THE RECOMMENDATION DISTRICT ENERGY PLANT BOARD SEEMS LIKE IT WOULD BE A LITTLE BIT MORE INTUITIVE TO THE WORK THAT YOU ALL ARE DOING. WELL, I THINK AS STEVE SAID, IT' STATED. WHEN YOO FOR THE BONDS AND THE FINANCE PEOPLE DIG PRETTY DEEP INTO THE ACCURATE NAME FOR OBVIOUS REASONS. WE WE STAY WITH THE NAME THAT THAT WE'VE GOT. BUT IF THINGS CHANGED AND I HAVE A FEELING IF WE DUG INTO SOME OF THE DEEDS OF THE LAND THAT ARE STILL UNDER THIS, AND THEY WILL GO BACK TO THE SOME OF THOSE NAMES, BUT. ALL RIGHT, AND YOU ALL PAY PROPERTY TAX. NO, WE DON'T PAY ANY TAX. NO TAX. OKAY.

WELL, OCCUPATIONAL LICENSE FEES FOR EVERY ONE OF THOSE. HOW MANY EMPLOYEES DID YOU SAY? I WOULD SAY 78 TO 80. WE'VE GOT 18 IN THE STEAM PLANT AND THE LAUNDRY'S GOT 70. 72. SOMEWHERE IN THAT NEIGHBORHOOD. THERE'S AN OCCUPATIONAL LICENSE FEE FOR EVERY ONE OF THEM. SO THERE'S REVENUE COMING IN THERE. BUT YEAH, IF IT'S A NONPROFIT, THERE'S NO PROPERTY, IS THERE? DO YOU ALL OPERATE WITH THE SAME LIKE SAFETY? SAFETY STANDARDS IS LIKE OSHA? YES, MA'AM. OKAY. HAS THERE EVER BEEN A THREAT TO THE WORK THAT YOU ALL ARE DOING IN THE SURROUNDING AREAS? NO, MA'AM. OKAY. WELL, I'M I'M ALL OUT OF QUESTIONS. AND WITH THAT, IF NOBODY ELSE HAS ANYTHING, WE'RE GOING TO THANK YOU FOR YOUR TIME. ALL RIGHT. YOU'RE WELCOME.

APPRECIATE YOUR TIME. AND HAVE A GOOD NIGHT. AND HAPPY HOLIDAYS, EVERYONE. SEE YOU IN

[Adjournment Note: Agendas are followed at the discretion of the Chair. While an item may be listed, it does not mean all items will be heard and/or acted upon by the Committee.]