South Central Waterfront Advisory Board - May 18, 2020

South Central Waterfront Advisory Board Regular Meeting of the South Central Waterfront Advisory Board - This is a virtual meeting. Speakers must register in advance with the Staff Liaison.

Agenda original pdf

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Special Meeting of the “South Central Waterfront Advisory Board” May 18, 2020 South Central Waterfront Advisory Board to be held on May 18, 2020, with Social Distancing Modifications Public comment will be allowed via telephone; no in-person input will be allowed. All speakers must register in advance (Sunday, May 17 by Noon). All public comment will occur at the beginning of the meeting. To speak remotely at the May 18 South Central Waterfront Advisory Board Meeting, residents must:  Call or email the board liaison at (512)-974-3362 or Sravya.garladenne@austintexas.gov no later than noon, (the day before the meeting). The information required is the speaker name, item number(s) they wish to speak on, whether they are for/against/neutral, and a telephone number or email address.  Once a request to speak has been called in or emailed to the board liaison, residents will receive either an email or phone call providing the telephone number to call on the day of the scheduled meeting.  Speakers must call in at least 30 minutes prior to meeting start in order to speak, late callers will not be accepted and will not be able to speak.  Speakers will be placed in a queue until their time to speak.  Handouts or other information may be emailed to Sravya.garladenne@austintexas.gov by Noon the day before the scheduled meeting. This information will be provided to Board and Commission members in advance of the meeting. The City of Austin is committed to compliance with the American with Disabilities Act. Reasonable modifications and equal access to communications will be provided upon request. Meeting locations are planned with wheelchair access. If requiring Sign Language Interpreters or alternative formats, please give notice at least 2 days before the meeting date. For information, please contact Sravya Garladenne in the Planning and Zoning Department at sravya.garladenne@austintexas.gov or (512) 974-3362. TTY users route through Relay Texas at 711. SOUTH CENTRAL WATERFRONT ADVISORY BOARD MONDAY, MAY 18, 2020 AT 10:00 AM VIA VIDEOCONFERENCING Board Members: ___ Chair Samuel Franco (Design Commission) ___ Vice Chair Lynn Kurth (Mayor & District 9 Appointee) ___ Greg Anderson (Planning Commission) ___ Linda Guerrero (Environmental Commission) ___ Francoise Luca (Parks & Recreation Board) ___ Karen Paup (Affordable Housing Rep) ___ Wendy Price Todd (S. River City NA) ___ Cory Walton (Bouldin Creek NA) ___ Alfred Godfrey (Trail Foundation) Ex Officios: ___ Sam Tedford (NHCD) ___ Nazlie Saeedi (ATD) ___ Gloria …

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Item 1.a.: Draft Minutes - April 20 SCWAB original pdf

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SOUTH CENTRAL WATERFRONT ADVISORY BOARD DRAFT MINUTES FOR APRIL 20, 2020 AT 3:00 PM The South Central Waterfront Advisory Board convened in a regular meeting on April 20, 2020 via Videoconferencing. Chair Samuel Franco called the meeting to order at 3:01 p.m. Board Members in attendance: Ex Officios: Chair Samuel Franco (Design Commission) Vice Chair Lynn Kurth (Mayor & District 9 Appointee) Greg Anderson (Planning Commission) Linda Guerrero (Environmental Commission) Francoise Luca (Parks & Recreation Board) Karen Paup (Affordable Housing Rep) Wendy Price Todd (S. River City NA) Alfred Godfrey (Trail Foundation) 1. APPROVAL OF MINUTES AND ACTION Nazlie Saeedi (ATD) Molly Alexander (DAA) Rolando Fernandez (FSD) City of Austin Planning & Zoning Staff: Alan Holt, Executive Liaison Sravya Garladenne, Staff Liaison Jodi Lane, Staff Liaison a. Board Member Linda Guerrero made a motion, seconded by Board Member Greg Anderson, to approve the draft February 18, 2020 SCWAB meeting minutes. The motion to approve passed with 8 yes and 1 absent (Cory Walton) votes. 2. ITEMS FOR DISCUSSION AND POSSIBLE ACTION a. Update from EDD / Consultant on Development Corporation Entity – Economic Development Department Consultant Matthew Kwatinetz began a presentation on the proposed Economic Development Organization for Austin. However, due to technical difficulties, he was unable to complete the presentation. Board Members Al Godfrey and Wendy Price Todd motioned for a Special Called Meeting to discuss this and the remaining agenda items. With unanimous consent, the Board agreed to hold a Special Called Meeting. 3. PROJECT UPDATES AND COMMUNICATIONS FROM STAFF a. Memo to SCWAB - Written update only from Staff – Agenda item postponed to future Special Called Meeting. 4. ADJOURNMENT - with no objections, Chair Samuel Franco adjourned the meeting at 4:11pm. The City of Austin is committed to compliance with the American with Disabilities Act. Reasonable modifications and equal access to communications will be provided upon request. Meeting locations are planned with wheelchair access. If requiring Sign Language Interpreters or alternative formats, please give notice at least 2 days before the meeting date. For information, please contact Alan Holt in the Planning and Zoning Department at alan.holt@austintexas.gov or (512) 974-2716. TTY users route through Relay Texas at 711.

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Item 1.a.: Draft Minutes - April 24 SCWAB original pdf

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SOUTH CENTRAL WATERFRONT ADVISORY BOARD DRAFT MINUTES FOR APRIL 24, 2020 AT 1:00 PM The South Central Waterfront Advisory Board convened in a Special Called Meeting on April 24, 2020 via Videoconferencing. Chair Samuel Franco called the meeting to order at 1:02 p.m. Board Members in attendance: Ex Officios: Chair Samuel Franco (Design Commission) Vice Chair Lynn Kurth (Mayor & District 9 Appointee) Greg Anderson (Planning Commission) Linda Guerrero (Environmental Commission) Francoise Luca (Parks & Recreation Board) Karen Paup (Affordable Housing Rep) Wendy Price Todd (S. River City NA) Alfred Godfrey (Trail Foundation) 1. APPROVAL OF MINUTES AND ACTION Molly Alexander (DAA) City of Austin Planning & Zoning Staff: Alan Holt, Executive Liaison Sravya Garladenne, Staff Liaison Jodi Lane, Staff Liaison a. Chair Samuel Franco deferred the approval of meeting minutes for the April 20, 2020 SCWAB meeting to the Board’s next regular meeting. 2. ITEMS FOR DISCUSSION AND POSSIBLE ACTION a. Update from EDD / Consultant on Development Corporation Entity – Economic Development Department Staff David Colligan and Kristi Samilpa, and Consultant, Matthew Kwatinetz, of Q Partners, New York City, gave a presentation on the proposed Economic Development Organization for Austin and elaborated on the specifics for the SCW District. Upon discussion, Board Member Karen Paup made a motion, seconded by Board Member Al Godfrey to recommend EDD’s proposal for an Economic Development Organization to the City Council. Board Member Karen Paup suggested that the recommendation read: “In keeping with Council direction 20200220-044 to move forward expeditiously on the development of SCW District dated 02/20/2020, the SCWAB supports the EDD Consultant’s recommendation on establishing an Economic Development Organization.” The motion to approve passed with 7 yes and 2 absent (including Board Member Wendy Price Todd, who left the meeting early) votes. 3. PROJECT UPDATES AND COMMUNICATIONS FROM STAFF a. Memo to SCWAB - Written update only from Staff – The Board acknowledged the written update from Executive Liaison Alan Holt. No action was taken. 4. ADJOURNMENT - with no objections, Chair Samuel Franco adjourned the meeting at 2:29pm. The City of Austin is committed to compliance with the American with Disabilities Act. Reasonable modifications and equal access to communications will be provided upon request. Meeting locations are planned with wheelchair access. If requiring Sign Language Interpreters or alternative formats, please give notice at least 2 days before the meeting date. For information, please contact Alan Holt in the Planning …

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Item 3.a.: Staff Memo to SCWAB original pdf

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South Central Waterfront Advisory Board To: From: Alan Holt, Principal Planner; Planning & Zoning Date: May 14, 2020 RE: Project Updates & Communications from Staff To keep the May virtual meeting of the SCWAB focused on time-critical issues, I am providing this brief update memo instead of the usual staff presentation. Updates on recently presented draft materials: So far in 2020, key first draft deliverables have been posted as backup to meetings to the SCWAB. These materials are milestone deliverables in themselves. These important materials are also foundational prerequisites to updating the Financial Framework and to completing the draft Regulating Plan. As indicated in the memorandum to the SCWAB at the April virtual meeting, staff has improved these first drafts deliverables to correct errors and clarify information. These improved updates have been completed and are posted as backup for this agenda item. Outlined below is a summary of the corrections/modifications that have been incorporated into the update d deliverables: Package 1: This packet specifically addresses the updates only to three previously shared draft deliverables, listed below. The fully revised deliverables are now available as whole documents. The updates that are addressed in this packet include: 1. 2020 Update: SCW Street Typology and Sections (draft 2: May 18, 2020 – full document available) a. What’s highlighted in this packet: Changed from the draft 1, January 10, 2020 version: Armadillo Drive (AD1 & AD2) has been changed from a Collector 1 Street to a Local Street. 2. 2020 Update: SCW Physical Framework & Project Costs Estimates (draft 2: May 18, 2020) a. What’s highlighted in this packet: Changes from the draft 1, March 12, 2020 version: i. Adjust cost for Armadillo Drive from a Collector 1 Street to a Local Street (very small cost impact) ii. Correct costs for open spaces inputs for direct costs (construction costs) only. iii. Inclusion of a pie chart to show total district project costs as allocated into components (e.g., Open Space, Streetscape Improvements, etc.) 3. 2020 SCW Modified Physical Framework & Project Costs Estimates (draft 2: May 18, 2020) a. What’s highlighted in this packet: Changes from the draft 1, March 12, 2020 version: i. Ditto from 2ai ii. Ditto from 2aii iii. Ditto from 2aiii Package 2: SCW Buildout Scenarios for Financial Analysis (draft 2: May 14, 2020). What’s highlighted in this packet: Changes from draft 1, March 16, 2020 version: 1. 2020 Updated Buildout: …

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Item 2.a.: Consultant Presentation on SCW Financial Framework original pdf

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2020 SCW Financial Tool and Key Takeaways South Central Waterfront Advisory Board May 18, 2020  Financial model implications  Financial model overview  Affordable housing discussion  Observations from modeling Agenda 2 SCW District Feasibility 3 Methods  Update of 2016 modeling for Framework Plan to provide Council with directional indicators when considering policy options  Parcel-based pencil-outs that consider plan entitlements, infrastructure costs, affordable housing, and bonus participation fees  A snapshot look at the district build out, as though all development delivered simultaneously 4 Methods  2020 financial model accounts for:  2016 SCW Framework Plan entitlements Late 2019 market conditions (costs and revenues)   305 S Congress (Statesman) PUD proposal  More precise infrastructure costs, including proposed Statesman site plan  Bonus participation fees  Affordable housing (including multiple OTC options and Statesman targets) 5 Financial Evaluation - Key Takeaways  Developments of the scale contemplated in the 2016 SCW Plan may be financially infeasible, even before accounting for infrastructure and affordability requirements  New development that matches the City’s vision will require public subsidy   Infrastructure investments will require coordination between public and private sectors Achieving the 20% housing affordability target is infeasible without public subsidy 6 Affordable Housing – Key Takeaways  2016 Framework Plan: Achieving goal requires substantial project-by-project subsidies  Updated 2020 Financial Tool: Reaffirmed 2016 results.  Most feasible development types are low- and mid-rise 100% affordable rental projects:   In the OTC parking lot In adjacent neighborhoods, without requiring onsite units for condo buildings 7 Financial Model Tour 8 Model Multiple inputs allow for the creation of “policy scenarios” 9 Model Three buildout scenarios are modeled based on: (1) 2016 Plan; (2) Statesman PUD proposal & Crocket w/ site modifications, and (3) A hybrid Statesman PUD proposal limited to 2016 plan heights & modified Crocket site 10 Model Outputs show development feasibility, district feasibility gap, and affordable housing shortfall (if any) for the District for each set of “input scenarios” 11 Nine different scenarios are modeled for One Texas Center to consider options: • Rental / ownership • Low-Mid-High rise • 100% affordable / mixed-income Model 12 Includes summary of parcel-by-parcel performance, which can be compared to 2016 analysis Model 13 Affordable Housing 14 2016 Framework Plan Affordability  20% of housing should be income restricted  100% affordable building on the OTC parking lot  Affordable …

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Item 3.a.: Packet 1 - 2020 SCW Street Typology and Sections original pdf

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Notice: This Draft 2 (April 13, 2020) document is believed to be compete and accurate but may be subject to further modification before the Final Draft version is ready for adoption. The Final Draft version of this document will replace the 2016 SCW Appendices I: Street Sections. 2020 Update: SCW Street Typology and Sections (draft 2: April 13, 2020) The update was produced by PAZ staff in cooperation with Austin Transportation Department (ATD), Public Works Department (PWD), and the Capitol Metropolitan Transportation Authority (Capitol Metro). The update incorporates latest ATD policies and best practices, accommodates the Project Connect Blue Line, and integrates recommendations from the Congress Avenue Urban Design Initiative. Significance: 1. This document forms the basis for updating cost estimation for all SCW streets and streetscapes – both for construction of new streets and for upgrades to existing streets. These costs are reflected in the 2020 Update to the SCW Physical Framework and Project Cost Estimates. 2. This document is referenced in the pending SCW Regulating Plan to identify requirements for the location, type, and design of new streets on redeveloped properties and for upgrades to existing public streets adjacent to redeveloped properties. Draft 2_April 13, 2020 DRAFT Street Key Map Waterfront Park (OS1) Crockett Square (OS4) C A 1 A1 A2 A3 B1 B2 B3 EB1 EB2 EB3 EB4 C A 2 C1 C2 D1 D2 D3 M L 1 M L 2 Green Connector (OS2) ER1 ER2 E1 C A 3 S F 1 Barton Springs Rain Garden Plaza (OS5) Bouldin Creek/TSD Trail (OS3) WR1 S F 2 1 B W W R2 HA1 A D 2 2 B W AD1 TL1 TL2 S F 3 New Street Shared Street Street A Local streets Street B Street C Street D Street E Texas Loop A1, A2, A3 B1, B2, B3 C1, C2 D1, D2, D3 E1 TL1, TL2 Haywood Avenue HA1 Armadillo Drive AD1, AD2 Collector Streets East Barton Springs Rd EB1, EB2, EB3, EB4 Moton Lane ML1, ML2 West Barton Springs Rd WB1, WB2 Core Transit South First Street SF1, SF2, SF3 Congress Avenue CA1, CA2, CA3 West Riverside Drive WR1, WR2 East Riverside Drive ER1, ER2 Draft 2 p.1 - 04/13/2020 DRAFT 6 Ty pical Street S ecti ons Shared Street Collector New - 2 Local Street Collector Existing Collector New - 1 Core Transit p.2 - 04/13/2020 DRAFT Streetscape Improvements S F 1 2 …

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Item 3.a.: Packet 2 - 2020 SCW Physical Framework and Project Cost Estimates original pdf

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Notice for Packet 2: This Draft 2 (May 18, 2020) document is believed to be nearly complete and accurate except one needed technical update. This update is not expected to affect the overall project cost, or only very insignificantly. A Final Draft version will be issues, ready for adoption. The Final Draft version of these two documents will replace the 2016 SCW Appendices II: Detailed Cost Estimates. 2020 Update: SCW Physical Framework & Project Cost Estimates (draft 2: May 18, 2020) This document provides an update to the 2016 SCW Physical Framework Plan, following exactly the arrangement of streets and open spaces as proposed in the 2016 Illustrative Plan. This direct translation of the 2016 plan provides a basis for comparing proposed future modifications to the physical framework to the original 2016 plan. The cost estimations cover all components of the SCW Physical Framework (2040 buildout) including utilities infrastructure; streets and streetscapes for both new streets and improvements to existing streets; and the open space system (i.e., parks, trails, plazas, and other open spaces). This work was accomplished accordingly: • • Open Space Designs: This update includes schematic designs for four key open spaces in the SCW Plan, including the Park @ the Statesman site, the Green Connector, Crockett Plaza, and the Bouldin Trail @ the Texas School for the Deaf. The schematic open space designs were produced by PAZ consultants1, with additional review by Watershed Protection Department (WPD), Park & Recreation Department (PARD), PWD and others. These schematic designs provide details for accurate preliminary cost estimation and provide a benchmark for evaluating open space proposals that may be submitted as part of a development proposal. Cost Estimate Database: This database provides estimated costs for the complete physical framework as envisioned in the SCW Plan for buildout on both private and public lands. A cost estimating consultant2 provided estimates for all open space components. PWD, with support from City departments, supplied all cost estimates for streets/streetscapes/utilities. All costs are integrated into a single interactive database, created by PWD and PAZ. The database provides depth details for quantities, specifications, and direct costs3 for all components of the physical framework. Additionally, the database provides a generator for adding indirect costs4 for either a privately-built or publicly-built project. Costs reflect January 2020 dollars for Austin construction; however, the database is interactive and can be adjusted to account for inflation, unit price fluctuations, and …

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Item 3.a.: Packet 3 - 2020 SCW Buildout Scenarios for Financial Analysis original pdf

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Notice for Packet 3: This Draft 2 (May 18, 2020) document is believed to be nearly complete and accurate except for needed corrections for inputs regarding at least one of the “tipping parcels.” These corrections are being addressed but the corrections are not available at the issuing of Draft 2. However, these corrections are likely to affect the overall district buildout projections in this draft by less than 2%. A Final Draft version will be issued, ready for adoption. 2020 Buildout Scenarios for Financial Analysis (draft 2: May 18, 2020) Within the physical framework of blocks and green infrastructure, the SCW Plan modeled potential building developments on properties in the district. This exercise involved creating site-specific building designs (i.e. schematic building footprints, sections, and heights) on specific properties. This exercise was completed for “tipping parcels” – that is, parcels that were envisaged for redevelopment for the financial analysis. When this original work was done in 2015-16, tipping parcels were determined by (1) evaluating likelihood of redeveloping within the next twenty years, based on land value to building value; (2) age of current development; and (3) owner’s willingness in having their property evaluated. In the 2016 and the 2020 Update Buildout scenarios, ten properties 1 were designated as “tipping properties,” collectively representing about half of the gross acreage of all private properties in the SCW district. For tipping parcels, a future potential development proposal was modeled with a site -specific building footprint, with an assumed potential building height, massing and program of uses (i.e., square feet of Office, Retail, Residential, Hotel), as well as a calculation to assign a parking requirement. Site-specific schematic designs included accommodating the parking demand, schematically designed in a combination of podium and below grade structures. The Buildout Scenarios are a key input into developing site-specific proforma analysis to test the financial feasibility of potential developments. Three Buildout Scenarios have been modeled:  2020 Update: SCW Plan Buildout: This is identical to the 2016 Buildout except that the 2016 Buildout factored in two future buildings that are entitled under existing Planned Unit Development (PUD) agreements. In the 2016 analysis, the buildout scenarios for parcels were incorporated into a proforma spreadsheet analysis to test the financial feasibility of a development on a property. In this new deliverable, the 2020 Update takes the 2016 buildout information only, minus the PUD properties, and consolidated it into a simpler table. The …

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Item 3.a.: Packet 4 - SCW Physical Framework Funding Sources original pdf

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Notice for Packet 4: This Draft 2 (May 18, 2020) document is believed to be nearly complete and accurate except for needed corrections to update the Buildout Scenarios input (See notice for Packet 3). Once the updates to the Building Scenarios are complete, the corrected inputs to this document can be finalized. The impact of these pending corrections/additions should not change the overall district costs. Instead, these updates will change the calculation for impact fees associated with two “tippin g parcels.1” Although these needed adjustments may have noteworthy impacts to the individual parcel calculations , these adjustments should have minor impacts to the districtwide Baseline Development (i.e., impact fees) that are part of this document. Nonetheless, staff will make needed corrections and issue a Final Draft of this document in time for the June SCWAB meeting. PHYSICAL FRAMEWORK FUNDING SOURCES This new single-source document consolidates and refines information that was previously embedded in the Physical Framework and Project Costs Estimates. To provide more clarity and functionality, this new document draws from information that has now been updated in Draft 2 of the Physical Framework and Project Costs Estimates spreadsheets, and Draft 2 of the SCW Buildout Scenario for Financial Analysis spreadsheets. Using information linked to those sources, this new document does two things: (1) It tabulates all Physical Framework and Project Costs for the full district, and (2) It identifies potential sources of funding for addressing those costs. Drawing from the Physical Framework and Project Cost Estimates spreadsheets, this new document tabulates potential funding that has been identified as within existing Capital Improvement Programs (CIP) and estimates from what utilities might contribute for service extensions. What is new in this document is how the contributions from “Baseline Development” are calculated. For this document, “Baseline Development” are costs that new development might be expected to cover through contributions, either in-kind or in fee, for Physical Framework improvements in the district. Baseline Development is a contribution that would be expected before consideration of “Bonus Fee” requirements. What is new in this document is how Baseline Development contributions are calculated. This document uses existing and pending City policy and methodology to calculate impact fees. Staff has coordinated with the following City departments to estimates impact fees as follows:  Coordinated with Austin Transportation Department (ATD) to use the methodology from the Street Impact Fee Study Report to calculate the developer’s baseline contribution (before-bonus …

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UPDATED: Item 3.a.: Staff Update Memo to SCWAB original pdf

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South Central Waterfront Advisory Board Project Updates & Communications from Staff To: From: Alan Holt, Principal Planner; Planning & Zoning Date: May 18, 2020 RE: To keep the May virtual meeting of the SCWAB focused on time-critical issues, I am providing this brief update memo instead of the usual staff presentation. Updates on recently presented draft materials: So far in 2020, key first draft deliverables have been posted as backup to meetings to the SCWAB. These materials are milestone deliverables in themselves. These important materials are also foundational prerequisites to updating the Financial Framework and to completing the draft Regulating Plan. As indicated in the memorandum to the SCWAB at the April virtual meeting, staff has improved these first drafts deliverables to correct errors and clarify information. These improved updates have been completed and are posted as backup for this agenda item. Outlined below is a summary of the corrections/modifications that have been incorporated into the updated deliverables: Package 1: 2020 Updated: SCW Street Typology and Sections (draft 2: April 18, 2020) Changed from the draft 1: January 10, 2020 version: Armadillo Drive (AD1 & AD2) has been changed from a Collector 1 Street to a Local Street. Packet 2: This packet combines two previous draft deliverables, both of which provide detailed cost estimates for the proposed SCW Physical Framework (streets, streetscapes, open spaces, utilities infrastructure) at full buildout (2040). The two documents include: 2020 Updated: SCW Physical Framework & Project Costs Estimates (draft 2: May 18, 2020) Changes from the draft 1: March 12, 2020 version: a. Adjust cost for Armadillo Drive from a Collector 1 Street to a Local Street (very small cost impact) b. Correct costs for open spaces inputs for direct costs (construction costs) only. c. Inclusion of a pie chart to show total district project costs as allocated into components (e.g., Open Space, Streetscape Improvements, etc.) 2020 SCW Modified Physical Framework & Project Costs Estimates (draft 2: May 18, 2020) Changes from the draft 1: March 12, 2020 version: a. Ditto from 2ai b. Ditto from 2aii c. Ditto from 2aiii Package 3: SCW Buildout Scenarios for Financial Analysis (draft 2: May 18, 2020). Changes from draft 1: March 16, 2020 version: 2020 Updated Buildout: a. Revised district framework map showing proposed bonus building heights for all “tipping parcels” from the SCW Plan. b. Summary table of modeled entitlements (heights and uses) for all “tipping …

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Approved Minutes original pdf

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SOUTH CENTRAL WATERFRONT ADVISORY BOARD APPROVED MINUTES FOR MAY 18, 2020 AT 10:00 AM The South Central Waterfront Advisory Board convened in a Regular Meeting on May 18, 2020 via Videoconferencing. Chair Samuel Franco called the meeting to order at 10:06 a.m. Board Members in attendance: Ex Officios: Chair Samuel Franco (Design Commission) Vice Chair Lynn Kurth (Mayor & District 9 Appointee) Greg Anderson (Planning Commission) Francoise Luca (Parks & Recreation Board) Karen Paup (Affordable Housing Rep) Wendy Price Todd (S. River City NA) Alfred Godfrey (Trail Foundation) Cory Walton (Bouldin Creek NA) 1. APPROVAL OF MINUTES AND ACTION Molly Alexander (DAA) Sam Tedford (NHCD) Nazlie Saeedi (ATD) Marek Izydorczyk (ORES) Rolando Fernandez (FSD) City of Austin Planning & Zoning Staff: Alan Holt, Executive Liaison Sravya Garladenne, Staff Liaison Jodi Lane, Staff Liaison a. Board Member Al Godfrey made a motion, seconded by Vice Chair Lynn Kurth, to approve the draft April 20 and April 24, 2020 SCWAB meeting minutes. The motion to approve passed with 8 yes and 1 absent (includes absentee Linda Guerrero) votes. 2. ITEMS FOR DISCUSSION AND POSSIBLE ACTION a. Update on SCW Financial Framework – SCW Consultant, Ian Carlton from ECONorthwest, OR, gave a presentation on the SCW Financial Framework and discussed overarching takeaways from the financial modeling. The Board discussed this but no action was taken. 3. PROJECT UPDATES AND COMMUNICATIONS FROM STAFF a. Memo to SCWAB - Written update only from Staff – The Board acknowledged the written update from Executive Liaison Alan Holt. No action was taken. 4. ADJOURNMENT - with no objections, Chair Samuel Franco adjourned the meeting at 11:39am. The City of Austin is committed to compliance with the American with Disabilities Act. Reasonable modifications and equal access to communications will be provided upon request. Meeting locations are planned with wheelchair access. If requiring Sign Language Interpreters or alternative formats, please give notice at least 2 days before the meeting date. For information, please contact Alan Holt in the Planning and Zoning Department at alan.holt@austintexas.gov or (512) 974-2716. TTY users route through Relay Texas at 711.

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