GOOD. THANK YOU. [00:00:02] GOOD EVENING. IT IS 6:03 P.M. AND I CALL TO ORDER A SPECIAL MEETING OF THE BOARD OF TRUSTEES OF FRISCO ISD. OUR FIRST ITEM ON THE AGENDA FOR OUR SPECIAL MEETING IS COMMUNICATION TO AND FROM THE BOARD, INCLUDING PUBLIC COMMENT. WE DID NOT HAVE ANYONE SIGN UP FOR PUBLIC COMMENT FOR OUR SPECIAL MEETING. HOWEVER, WE DO HAVE A VERY HEALTHY RESPONSE OF FOLKS WHO'VE SHOWN UP FOR COMMUNITY INPUT NIGHT, WHICH WILL START AT 6:30. SO I'M GUESSING Y'ALL ARE ALL HERE FOR THAT, WHICH WE APPRECIATE YOU BEING HERE. [2.A. Act on agreement with CBRE Heery] SO WE WILL MOVE ON TO OUR FIRST ACTION ITEM ACT ON AGREEMENT WITH CBRE HEERY. KIM, DO YOU HAVE ANYTHING YOU WANT TO ADD OR JUST OPEN IT UP FOR QUESTIONS? BOARD IF YOU HAVE ANY QUESTIONS, FEEL FREE TO ASK AWAY. IF NOT, I'LL LOOK FOR A MOTION. MOVE TO APPROVE THE AGREEMENT WITH CBRE HEERY. MOTION BY MR. CLASSE. SECONDED BY MS. DAVIS. ALL IN FAVOR? AYE. MOTION PASSES SIX ZERO. [2.B. Act on agreement with Corgan] WE WILL NOW MOVE ON TO ACT ON AGREEMENT WITH CORGAN. BOARD IF YOU DON'T HAVE ANY QUESTIONS, I'LL LOOK FOR A MOTION. SO I ASKED KIM A FEW QUESTIONS AFTER REVIEWING THE CONTRACT. AND SO, KIM, IF YOU COULD JUST SHARE THAT INFORMATION, I THINK WOULD BE GOOD TO HAVE ON THE RECORD. YEAH, SURE. SO STEPHANIE HAD ASKED ABOUT THE OVERALL BUDGET FOR THE PROJECT. THAT'S A PLACEHOLDER IN THIS CONTRACT, AND I SHARED THAT, THAT WE USED A PLACEHOLDER OF $50 MILLION IN THE CONTRACT WITH CORGAN AS A JUST TO GET THE CONTRACT DONE. WE HAVE NOT OFFICIALLY SET A BUDGET FOR THAT YET. WE'LL HAVE TO GO THROUGH THE DESIGN PHASE AND THEN PUT OUT AN RFQ FOR A CONSTRUCTION MANAGER IN ORDER TO GET A FIRM BUDGET. IT IS MORE THAN THE $43 MILLION DOLLARS THAT WE HAVE PLACEHOLDER FOR IN THE BOND PROGRAM, AND WE HAVE SOME DIFFERENT OPTIONS FOR HOW TO HANDLE THAT. BUT I THINK WE'VE ALL BEEN TALKING FOR QUITE A WHILE ABOUT HOW CONSTRUCTION PROJECTS ARE OVER BUDGET PRETTY SIGNIFICANTLY RIGHT NOW. SO WE WILL AS WE FIRM UP THE BUDGET, THEN WE'LL KIND OF COME BACK TO YOU GUYS AND TALK ABOUT THE PLAN FOR ADDRESSING THAT. DID I CAPTURE EVERYTHING? OKAY. HAVE A QUESTION. WE HAVE A BOND FOR 43 MILLION, CORRECT? WHAT IF WE DO NOT? WHAT IF WE CAN'T AGREE ON HOW TO COME UP WITH THE ADDITIONAL $7 MILLION DOLLARS? WILL WE BE STILL TIED TO THIS CONTRACT? SO THIS CONTRACT IS FOR ARCHITECT AND ENGINEERING SERVICES. SO IT'S ESSENTIALLY FOR THE DESIGN OF THE PROJECT. ONCE WE GET THE DESIGN DONE AND WE FIRM UP A BUDGET. SCOTT AND I WILL PRESENT TO YOU GUYS WHAT THE BUDGET IS AND HOW WE CAN PAY FOR IT. IF THAT'S NOT AGREEABLE WITH THE BOARD, THEN WE CAN GO BACK AND DO SOME VALUE ENGINEERING OR FIGURE OUT IF THERE'S A WAY TO CUT COSTS, BUT WE'LL GIVE YOU OPTIONS TO PAY FOR IT IN ADDITION TO JUST HOW MUCH MONEY IT COSTS. AND WE'VE WE'VE ALREADY IDENTIFIED HOW WE CAN HANDLE IT. THANK YOU. THANK YOU. BOARD ANY OTHER QUESTIONS? IF NOT, I'LL LOOK FOR A MOTION. MOVE TO APPROVE THE AGREEMENT WITH CORGAN. MOTION BY MR. CLASSE. SECOND BY MS. DAVIS. ALL IN FAVOR? MOTION PASSES, SIX ZERO. OKAY, GREAT. THANK YOU GUYS VERY MUCH. IT IS 6:06 AND WE ARE OFFICIALLY ADJOURNED. WE WILL BE BACK AT 6:30 FOR COMMUNITY INPUT NIGHT. * This transcript was compiled from uncorrected Closed Captioning.