 Okay, I have to share again, technology. Okay. Well, so Orlando, thank you for joining us today. So right now you're with several city staff members. I'm not going to introduce everybody. But if we get into some questions, I wanted to have several subject matter experts here to help answer those questions. So. This meeting is being recorded and we will post it on the real property website after the meeting. So it will be available to others who are interested in this bit opportunity. So, if you've got a question, Orlando, since it's a small group, feel free to just unmute yourself and ask during the meeting. And if it's going to come up later in the slides, I'll just let you know that. So. Okay, let's see. Figure out. Okay, so I think I have just around. 20 slides today, it'll probably go pretty quick. A lot of them are probably high level information, but we'll just kind of go through the property location. The flood risk at the site, some highlights of the notice of sale, what the evaluation process is going to be, and then the timelines. So, in terms of location, this is in the Arlington Heights area of Fort Worth. Stand Orlando, are you, are you from the Fort Worth area? Do you want me to go into detail? Are you already familiar with Arlington Heights area? Yes, I'm familiar with I live here in Arlington. Okay, sounds good. Then I'll kind of keep it high level. So Arlington Heights area of Fort Worth. So zooming in into that area, the neighborhood where these properties are available and for sale. Is just around 3 miles west of downtown. So great location close to downtown just west of the cultural and medical district. So, it's a great location. In terms of accessibility and commutes close to the Botanic Gardens and the zoom. So, this information I pulled actually from the appraisal report, which is on the city's website with the notices sale information. Just talks a little bit about the neighborhood. It's very stable. It's over 75% built up and there's a lot of residential demand in the area. I thought the conclusion was pretty good in there. I talked about given foreseeable increases in population growth for the area and the stable demand for residential uses values are expected to increase in the foreseeable future. So, there is a lot of demand. This is a great part of town to live and work in. So, going on to the flood risk, I pulled this from the appraisal as well. It just shows. Kind of where the flood risk is happening in the area. So, the, the 9 properties are kind of in this green area and I'll zoom in on the next slide. We've had frees and nickels do engineering evaluations to better understand the flood risk. And that's what's shown here is there more detailed engineering mapping. And this is due to a storm drain system that runs through this part of town that is undersized. And so, when the storm drain system fills up with water, then it goes across the surface. And so this is unfortunately a common problem in some older, many older parts of Fort Worth that were just built a long time ago. They've got smaller storm drain systems with less capacity. And so there's flooding in the area. So, zooming into where that circle was, these are the 9 properties that are in the notice of sale package. So, we've got 4 properties and these are the ones in the blue outline on Western and 5 on Carlton Avenue. I'll talk a little bit about the green hatching ones in a few minutes so you understand what that is. So, in terms of the flood risk out there, they're prone again to flooding during kind of intense rain events because of the understrized storm drain system. They're not in a specifically, when you look at the female floodplain maps, they don't show up as having female floodplain on them. They're identified as zone X shaded and unshaded in this area. So, at the city, we have started calling areas like this across the town, non-female flood risk areas, specifically city flood risk areas. If we have evaluated them in more detail, because we want people to understand if they live and work in these areas that there is flood risk that happens out there. But we also want to be really clear that this is different than the female floodplain risk, which is a more federal regulatory risk area. So, the city is in the process of regulating these areas and we hope to do so sometime in the future, but we're not there yet. So, these are just some pictures that show what the flood risk has looked like and has done in the past. I do have a little video clip that I wanted to play just so everyone understands kind of what the flood risk is like and there's no surprises. So, let me click on this and let's see that we might have to watch a little advertisement for a second. Okay, so here's part of, so these are, these are some of the properties right over here, the two C's, you can kind of see how the water flows through this area. It collects in the street and then I've got another video that I will play in a second, too. So, this one is on Carlton Avenue and then I've got another one of Western Avenue just so you can see how the water flows through there with a good amount of velocity and then let me open up this other video. So this one is Western, so these are both from a rain event in June 2016, so I will say it's a little bit jerky whoever shot this video, but you can see how deep the water can get in the street at this location, so there can be significant car flooding, this is house flooding, so these are the houses in this area. And that's why, and so this really helps explain why we're having the elevation requirements for the redevelopment in this area is because we want to make sure that while the properties will continue to flood. Sorry, let me reshare that the homes themselves don't. Let me reshare that. Sorry about that. Okay. So moving on, so the two properties, let me go back to this map that are shown in green since they are what kind of like between the ones that are for sale as a part of the notice of sale, I wanted to explain a little bit about those just so everyone would understand what they are so again they're not included in the notice of sale. These properties were acquired with FEMA grant funding and so that means the city is required to hold on to them, we can't sell them to a private property owner. And so they're required to remain green space and perpetuity in terms of to allow the water to infiltrate down into these properties. So the city has removed the homes that used to be on these properties. So now they are basically grass lots with some remaining trees. We do have sprinklers out there and that we regularly know and maintain these properties. We want to keep them nice looking. It's in a nice established neighborhood. And so the properties that you will be building on adjacent to these just so you kind of understand what that area is. Based off of feedback from the community we talked about, you know, could these become pocket parks or so forth? The community did not really want to use them as park spaces. And so right now they're their unprogrammed properties. We wanted to leave clear sight lines in and out so there wouldn't be any loitering or anything like that. But there is a potential that in the future, the future adjacent property owners could potentially use these for part of their yards and help maintain them through an agreement with the city. So we are open to possibly allowing the adjacent property owners to utilize these sites and help maintain them as long as they comply with all of the grant restrictions. I just wanted to talk a little bit about those properties. So, moving into the notice of sale, the big part is that somebody has to buy again all of these 9 properties. The development must be complete within 48 months from closing. And if the developer fails to meet the conditions that are outlined in the notice of sale, the city does have the option to buy the properties back for $10. I will say, we don't want to do that. We want to work with any interested developer and try to help make their development a success. So the developer does have a 90 day opportunity to cure failure that's included in the deed as well. And again, we want to help make this development a success. So we really don't want to buy the properties back. I will say that. So, the big thing again is these homes could be either the existing homes can remain and be elevated, or they could be torn down and new homes can be built. Everything has to be built at least 2 feet above the 100 year non FEMA blood risk and comply with our storm water development regulations. So, this is the home and this is equipment that's servicing the home. So, like air conditioners as well would have to be elevated. At least 2 feet above the 100 year flood elevation. We will require elevation certificates as well for these properties. And that will be good too, as well as for the future property owners, they'll be able to provide those to their insurance company. In terms of to help show that they're built above flood risk, which of course impacts flood insurance premiums and so forth. So, what these couple pictures, these are 2 of the homes right here that are included in the notice this red line shows kind of approximately where the 2 feet above. The flood elevation would be so you can kind of see these homes will be raised around 3 to 4 and a half feet higher than where their current finish floor is today. Also included in the D is we want to make sure that the future ultimate purchasers or renters of these properties are aware of the flood risk. As I said earlier, the properties are flood prone and they would continue to flood. So, if somebody is parked there, their vehicle could get flooded their yards will flood so forth. So, we just want to make sure that they understand that that flood risk is there, even if their their home is built above flood risk. And then lastly, the developer has to demonstrate how downstream and adjacent properties will be protected during the redevelopment process. So, kind of going into that in a little bit more detail is that we'll want them to demonstrate through plants and then also this will all go through the development services department. We have a specific storm water team that would be reviewing this development to make sure that it complies with our standards. We want to make sure that we aren't aggravating the existing flood risk with the new development and that both the ultimate development plans, as well as the interim development plans are going to be reviewed and looked at by the city. A big impact in terms of the flooding or or how how the flooding and the flow happens are the fences that are out there right now and the fences do have an impact on water flows. And so, one of the points will be to maintain the existing fencing that's out there, or if that fencing needs to be replaced or shifted a little bit one way or the other on property lines, that's fine. But we want to make sure that it's maintained or that same type of fencing is put back up in place in terms of to just keeping the current drainage patterns in place. Other things to consider is just maintaining those current flow paths around the house, making, making sure that we're not increasing impervious cover or offsetting. If we're adding impervious cover somewhere, there can't be significant changes to grading that could impact somebody else. And we do have a lot of engineering reports and modeling done for this area. So we could provide that upon request. So, somebody has a starting point and they're not starting from scratch with information available for these sites. So, just kind of a little bit of background about how we came up with the requirements. The community is very engaged and active in this area. And so we worked with them as we pull this together. We wanted to hear the input from the community members. And so that is built into the notice of sale. The developers plans will be reviewed for compliance with guidelines before building permits are issued. And so kind of some of the highlights from the notice of sale is that these are all single family homes. The lots can't be replanted. There is an exception. There's an existing duplex on Western that's elevated. If it's, if it remains in place and it's not torn down and rebuilt that could just be elevated in place and remain a duplex. We need to observe existing front, rear and yard and side yard building setbacks as much as possible. And a lot of that has to do with maintaining the flow of stormwater around the properties. Trying to make sure that the homes are constructed consistent with those of adjacent structures. So a big thing was just this big McMansions. They wanted to look and feel at these homes to really be consistent with the rest up and down the street. Trying to have the the facades of the homes just in harmony with the whole general character of the neighborhood and then the garage is located back at the rear of the lots. A few more highlights is that most of these properties with the exception of 22, 05 Western are historic structures or older structures. And so if they are demolished or depending on how they are elevated. The developer would need to allow the city access to record those properties before they're demolished or elevated. So that's not in terms of a developer cost. They're not having to do that. It's something that the city just needs access a few days for us to go out there and record them. Take our photographs and so forth at the homes. Also, as I said, there's an existing storm drain system, which is shown in red on this map that run between these properties. And so we would need to have an easement over the current alignment. Or there's the opportunity for the developer to relocate the storm drain infrastructure within these lots and then grant us an easement over the relocated portion of the infrastructure. All of that has to be done in coordination and compliance with city standards and through the city's infrastructure plan review center, if that is actually relocated. Also, we don't like to put new structures on storm drains. Of course, we want to be able to easily maintain the storm drain systems. And so there could be some potential encroachment agreements just because of the location of the existing storm drain system. If the current homes are left in place and elevated. So we're definitely willing to work with the developer to try to both accomplish the development and help it be successful while also protecting the storm drain system that runs through this area. And the city has the plans for the pipe system, as well as condition assessment information that could be provided upon request. In terms of future sales, there is a, of course, the future successful bidder can resell the properties if that happens. The notice of sale conditions will run with the land and be binding on future owners. So that's the big key. The city will release the conditions upon successful redevelopment of the properties with 2 exceptions. 1 being is that in the future, because of the flood risk out there. We always want to make sure that the homes are built at least 2 feet above that non FEMA flood elevation and that the future owners or renters are provided notice of the risk that's out there. In terms of the selection process, this is a best value section selection. So we're looking at more than just the bid amount. And so there will be the 70 points for the highest bid with a sliding scale from there. There's no minimum bid that that is set and then the bidders can get up to 20 points for elevating existing homes versus new builds. And this was put in there because the neighborhood would rather see the existing homes elevated versus the homes demolished and rebuilt. So there could be up to 4 points for these 4 high priority homes. These are ones that have more historical value identified by the neighborhood and coordination with the city's stock preservation officer. So more points at these homes are kept and elevated versus demolished and rebuilt 1 point for the other 4 homes. And again, no point for 22 or 5 Western, because that's a recent rebuild. And then lastly, there can be up to 10 points received for the degree of compliance with the neighborhood community development checklist. So, this is going to be determined by a group of community stakeholders. Most of them would be property owners that live on Western and Carlton on these 2 impacted blocks, as well as probably a few from the neighborhood association itself that would be reviewing this part of the bid package. They, of course, would like to see the trees that are there saved as much as possible, as well as could there be flood mitigation techniques built into the development like bioswales or permeable pavement. Rain barrels also salvage plans versus just if there's demolition, having all of that go to a landfill, could there be a way to salvage some of the. Historic parts of the homes instead of sending it to a landfill and then 2, if there's actually elevation that's done in compliance with secretary of the interior standards. So, the group would assign a score from excellent to poor with or exceptional with exceptional being like a 10 or would be a 0 or 1. So that's how those points would be assigned for a total of 100 point system. In terms of future community involvement, the successful bidder would need to hold a community meeting with area residents to discuss the development plans that doesn't have to have to happen really soon or anything like that. But as it gets closer and those get figured out. We just want to make sure that the community is where before that impact happens and understands what is going to happen. There's also the opportunity to potentially acquire adjacent properties for redevelopment opportunities or to sell items in those homes. Instead of it was a part of a salvage plan to area residents. So I've had a few residents that have said, hey, you know, maybe you would the developer by my property or could they maybe sell me something on these properties. So, I just wanted to throw that out there that there is some interest out there. And so, whoever purchases these properties, you know, might want to get with the neighborhood to see if there's other opportunities for redevelopment that could be pursued in conjunction with this. Or add in done we are working to post the agenda on our website soon. In terms of changes, we had plan to not read the bids like we normally do, but we are going to change that and the bids will be open when they're submitted by the deadline. With November 30th, and so they'll be open and read out out loud and then be provided for evaluation by the city team. Also, the star telegram add notes that 2012 Carleton has been a floodplain, but it does not. And then we've had a couple of questions received. So 1 is, are the properties livable? And so they're not livable until the conditions are met, such as the elevation of the structures. And then can new homes be built over the platted lines, reducing density and providing for a larger housing with more yard space. So here kind of the big part is Andrea, I'll get with you in a second. Is that the community really wants to see homes that are similar to the state, the scale of the established homes. And so the big part of that is the larger housing product is not acceptable. Andrea, what have you got? Can you unmute yourself? Oh, I was just going to tell you the addendum is already posted. Perfect. Thank you so much. I appreciate that. Great. Okay, so I think this is last slide is a timeline and all of this information is the very same that's in the notice of sale. But so, of course, today we're at the pre proposal meeting. So, next week, we've got our due diligence site visit. And so we've got 2, half days next week on the 20th and 21st 1st day in the morning and second day in the afternoon. So, we wanted to allow any interested bidders to be able to come out and actually walk through the homes and see what it would take to possibly elevate them or demo and rebuild. So, we wanted to make sure that they had an opportunity to walk the homes. Everyone who walks the homes will have to fill out just a brief 2 page waiver just to make sure, you know, in case there's someone you trip on something. So, that's just part of the city process. And then the deadline to submit any future questions is October 20th by noon. And then we will turn those around by at least within a week with follow up by adding that to the website and letting everybody know that they're out there. Questions for credit provided before then will be followed up more quickly, just like how we just added some agenda today to the website. So we're kind of trying to add those every week or 2, depending on how many are received because we want to make sure that people are getting their questions answered so they can move forward and help make decisions regarding bidding on these properties. And then, of course, the big day is November 30th by 1, 30 PM is when these bids are due to the purchasing department at City Hall. And then we anticipate awarding this preliminary in January. So, since it's going to be the December holiday timeframe, we'll probably be meeting with the community stakeholder group during December. The city will be reviewing the bid packages based off that evaluation criteria. And then selecting someone in January to move forward with the sale. So, with that, are there any questions? Jennifer, I just wanted to see if you could clarify 1 thing on kind of the next to the last slide. When you're talking about the criteria for the size of the property. I just want to make sure is it my understanding is that we aren't going to increase the footprint. But if a developer wanted to go higher, that would be. Is that acceptable? Yeah, yes. So the developer can build higher. So, yes, most of these, I think maybe all of them, honestly, no, not all of them, but a lot of these are 1 story homes. And so, yes, a developer could build higher. And so, in terms of the footprint, it's really kind of balancing that impervious cover. So potentially you could add to your impervious cover for 1 or maybe there's impervious cover. That's out there already that's under an outbuilding or something like that that could be kind of swapped. So the house could be expanded. So that's part of the working with this 1 water development services group is showing what's there today. And, and how moving things around and reconfiguring isn't going to make the flooding worse for anybody else. Are there any other questions? And I know right now, I'm really talking with you, Mr. Orlando. So. Yeah, and I do that. I have a question. So, is there an opportunity to, let's say rent these properties for a year or so? Well, you know, get, let's say that. We decided to tear down some of these houses. So now we've got to get new plans and all that get the engineering and so on. Go through the city, you know, all the process takes a few months. So, 1 or see is the opportunity there to rent. These properties, while all of that is going on before the tear down and the new build happens or or that they need to be stay vacant completely until. There are either elevated or start it on and build with a new structure. Right, right. So they're vacant right now. So they need to stay vacant. We're not going to rent them for someone else to live in them really because of the flood risk to those homes. And that's the reason that's a good kind of segue. That is the whole reason why the city bought those properties to begin with because of the repetitive flooding that happened to the homes. And that's why the new homes that go back have to be either elevated the existing or, or rebuild new homes. There could be a developer could come in and do a combination. If you look at the bid package, just they could decide, I want to elevate these homes and tear down and rebuild some of the other homes. So there, there's definitely an option to do the combination, but no, we won't be renting them. Okay, cool. And then you just mentioned that there are other neighbors interested in selling the properties. Will they have the opportunity to buy it directly from them or do they need to go through you through the city? So, yeah, not through the city. So that would be something that whoever purchases these in the future is that there have been neighbors in. Potentially they could change their mind by then they could move. I don't know, but it's been brought up to me by some in the community that said, hey, you know, I might want to sell it if someone who to whoever comes in here too. As well as I might want to purchase something. So I just wanted to throw that out there. Yeah. So interested developers would be aware that there might be other opportunities, but that would have to be directly between the developer and whoever is interested. Okay. Okay. And I had another question. Well, the other question was, you mentioned that we buy the properties that can also be resolved and then the new owner would need to comply with these regulations. The question is when you sell them all together as well as a package as currently being sold. Or can it be sold individually? And then those new owners will just need to comply with with these regulations. So, to my understanding, they could be sold individually. I will say the city would rather work with 1 developer on all of these properties that I don't think that we can require that they can't be sold individually. Okay. And then they would just have to comply with the same rules, right? 4 years. Correct. Yeah, they would have to all go through the city's development review process to make sure that there wasn't any adverse impacts and to make sure everything is elevated and built in compliance with the standards and guidelines. Okay. How long has the city on these properties? Oh, Niels, can you help me with like, maybe through 2, 2 years? I believe it's 2, I think around 2 years. 2 years, okay. Yeah, not too long, but long enough. Yeah, all right. Yeah, those are all the questions I can pick up right now. Okay. Well, if you've got other questions, definitely submit them to this. C, a, h dot sale at Fort worth Texas dot gov email address and hopefully you come out next week to the site visit and take a look at all the properties. Awesome. Thank you for the call. It was very informative. Great. Well, thank you so much for participating and thank you city team for your involvement as well. I appreciate it. Y'all have a good afternoon. Thank you. Thank you. Bye. Bye.