The declaration will limit any home to ever be built on the site at 80% or less area median income until the homes do sell and then they enter into a long-term lease of 99 years for affordability.

I think this uh adds to our housing stock and it adds to one of our our aspirations of a range of housing for people and so I support this.

I agree with those sentiments and I appreciate this um continued partnership and um although 99 years isn't forever, it is a very long time and will outlive us for sure. So thank you.

I want to just emphasize that this fund does not receive any EDA levy support and hasn't in I don't know at least 10 years. Um as of last week when I ran it, the cash balance was about 128,000. We think a more reasonable balance is 50,000.

Um staff has suggested a scenario within your written materials that could fund an existing program that's already being funded by the levy. So, you could accomplish some levy reductions if you choose to reprogram it in that way.

I just wanted to say I appreciate the suggestion that the CE or the energy audits could be a possible use and that that abides by our commitments for this particular funds. We have um as just a reminder to anyone who doesn't recall, we had won an award for our utilization of that program and I'm sure if um we were able to do anything more to kind of push it up again.

I want to note that the EDA last sought proposals in 2018. um an a request for qualifications was actually used and I took that and updated it to reflect the current sort of business of the EDA because the EDA is actually engaged in a lot more things since 2020 since 2018.

It sounds well thought out and um makes a lot of sense based on the information presented.

The result this year is that we're able to issue a clean, unmodified opinion on the 2025 financial statements, which is the result you would want.

This year, there was an error correction to last year's financial statements. More, you know, historically we've called that a prior period adjustment for governmental financial reporting. That terminology has gone away. But, um, if you're familiar with the term prior period adjustment, it was a prior period adjustment. And the source of that was a very large invoice that the city received in 2024. Um, and it was not paid until 2026.

The issue with this transaction was not a cash impact was a understatement of liabilities at year end. So that's not a cash impact.

I want to say I I thought um this this audit um had a few more um pieces in it that I appreciated. um some of the findings and I know with some of the corrections that our our finance director and and our you know city manager are working to make sure our policies and procedures are in place you know there will be mistakes made and it's how we um correct that is is the important part.

What is not on here this year that you've seen in the past is a general reserve outside of these amounts. Um, my understanding is that was completely drained this year in 2025.

As part of our commitment to uh data informed decision-making and aligning our work with our strategic plan, uh, tonight uh, staff is bringing before you uh, for consideration some proposed updates to the community survey um, with the intent to really strengthen how we're measuring progress on our strategic plan.

I think you could um like some of them I think you could condense it down not so many questions and I think again figuring out um how to word it um you know like yeah there's a number of them... I would say it's more trying to get that trend feel and and just yeah I leave it to the staff that you understand we're trying to see the trend and figure out which questions and then how to reward it obviously take out new.

Are we getting this survey longer? Because one of my concerns is we want to keep this short. I think 22 minutes I know when I answer a phone and they say 22 minutes I go like no I don't have time. Sorry.

I mean, I think in this day and age, you know, it we really should ask somebody. If you're going to include it as a thing, we should ask what gender they identify as. And if they don't identify as the binary, then we need to make other or, you know, I don't know. I just think people have an expectation that you aren't making an assumption based on their voice or what their name is cuz often you're wrong.