 I think we'll call the meeting to order and then we'll talk about it if others join us, I guess so be it. So if I can just do a roll call for the record, Mayor Van der Steen here, Chad Peleshek is here, Sue Angler, Matt Four, I don't think is on. Jim Schwinn. Yes. Cameron Bopp. Okay, we have a quorum. So the item number two, discussion and possible action on authorizing the appropriate commission officials to execute the First Amendment to agreement between the city of Sheboygan, visit Sheboygan Inc. and the Sheboygan Area Room Tax Commission regarding reimbursement of expenditures made by the city of Sheboygan related to the Blue Harbor Resort and Conference Center. So this is for those of you that maybe weren't here last year, but just to recap this, there's an agreement between the city of Sheboygan, the Room Tax Commission and the Visit Sheboygan Group to basically reimburse the city with room tax dollars for the deficit of room tax dollars that were basically advanced by the city to make the debt service payments on the Conference Center. So over the course of time, prior to the owners that are in Blue Harbor today, there was deficits in the amount of room tax that was captured from their overnight stays to pay the debt service on the Conference Center and some of those years fell short so the city advanced those dollars. With the changes in 2017 of the Room Tax Statute, the city had advanced around $749,000. The city was looking for basically a repayment of those funds from room tax dollars and the agreement that was executed was allowed that to happen. So under the terms of that agreement, there was an eight year roughly payback from Visit Sheboygan to the city of around 125 to 100,000, to 125,000 per year that would be paid back as part of the room tax contributions that Visit Sheboygan received. So that Visit Sheboygan made a payment in 2019 to the city of 100,000 and then it was every year for roughly eight years after that. When Amy was putting together the budget for Visit Sheboygan for the 2021 as well as for where we were with 2020 with the pandemic and the lower room tax amounts, it was determined that making the payment in 2020 was going to be difficult and that she had made the request to basically defer that payment, not get rid of it, but defer the payment out. So the council and the finance committee has deliberated over that and last Monday the common council agreed to deferring the 2020 payment and then re-looking at the 2021 payment. So if in 2021 the pandemic continues and visitor spending in overnight stays continues to be low and they can't make the payment because of cash issues, the finance and personnel committee would meet in November, December of 2021 and make a decision as it relates to the 2021 payment whether that would be deferred or paid. So the council has agreed to for bearing basically the 2020 payment and re-looking at the 2021 payment because nobody knows what's gonna happen with the pandemic this year. So we're at the point of this group since their party to that agreement and since the room tax commission is the governmental piece that collects the room taxes from the municipalities, this group needs to make a decision to consent to that agreement and allow the commission officials to sign on to the agreement that's been accepted by the city. So is there any questions on that information? Yeah, I have a question Chad, this is Sue. So then with the payment, the annual payment going forward it would be recalculated over a new period of time or would that same period of time stay and then the amount, let's just say it's 100,000 would be increased. The plan in the agreement is to just push that to the end. So instead of eight years, it might be nine years. Although Amy's once room tax picks back up again, visit Sheboygan wants to get this off the books as soon as possible. So the goal would be that we would still be at the eight or less years but in essence it would just push the payment to the end of the payment cycle. It wouldn't recalculate it. Does that answer your question? I don't believe there's any interest with this. It's just. So eight years. So then if they recalculate or reestablished it in 2021 then full payment then would be in 2030 instead of 2029 or 2028. That is correct. Okay. Yeah, I had a question. Are we paying any interest on that? No. No. There's only interest built in if the payment isn't made and it's late. So like a late fee almost. Right. Any other questions? Mr. Chairman, I'd like to make a motion to approve the document and amend it to our contract. I'll second it. We have a motion from the mayor. A second from Mr. Schwinn. Is there any other discussion? Hearing none. Nope. Roll call vote. Mayor Van der Stien. Aye. Sue Engler. Jim Schwinn. Aye. And the chair will vote aye. So the motion passes. So I'll look for a motion to adjourn. So moved. We have a motion and a second. All those in favor say aye. Aye. Aye. Motion passes. We are adjourned. Thank you for your time. I know it was quick, but in order to sign we needed to have a public meeting on it. So we appreciate it and we'll talk to you soon.