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Event transcript
I mean, see how his phone? 00:00:01
Brad, do you have the ability to have a video? 00:00:03
Where we can see you? 00:00:08
I mean, I can hear. I can hear everybody I know, but. 00:00:09
We're being advised by our legal counsel. 00:00:15
That yeah, the new rules are. 00:00:19
You have to. 00:00:22
What do you say to be seen, be seen and be seen? 00:00:23
For the vote to count. 00:00:28
Well, I don't have. 00:00:31
You know that. 00:00:33
Seen because I don't I don't have a. 00:00:34
An account. 00:00:36
What team? Oh yeah, I mean, I could. FaceTime would love the boys. 00:00:38
Oh, hold one SEC. Look quickly. 00:00:42
Well if you don't have a Teams account that's OK. 00:00:44
I don't know, he needs to log into account. 00:00:48
For our link. 00:00:51
Can you? 00:00:54
I don't know how that works. 00:00:55
Yeah, well. 00:01:03
I do have one more. I mean, I can FaceTime you, Brad. 00:01:04
I think Bob has one. 00:01:08
What do you need? 00:01:09
Did you get a gin? I have one. 00:01:10
Yeah, I printed it out and. 00:01:12
Rather, well, somebody's getting extra credit for that. 00:01:15
Teachers Pet. 00:01:21
I'll take whatever I can. 00:01:22
Yeah, yeah. 00:01:23
Do you? Do you need my vote? 00:01:26
Yes, right now it's just Alan myself. 00:01:29
Danny had a death in the family abruptly and. 00:01:33
Right. And and Richard already said that he couldn't make it. 00:01:36
Yeah, we're down. 00:01:40
OK. 00:01:42
And we have a resolution. 00:01:45
On the agenda? 00:01:47
That I know needs action. 00:01:49
Well then we have proper. 00:01:52
Look, there's too much effort here. So we've got, we have a resolution in the. 00:01:55
Think there's the proper pilots also needs action, right? No, no. 00:02:00
OK, have direction during the. Yeah, we can hear the presentation and we're just going to present information. The three items 00:02:04
that we would have actions on are the minutes, the claims and the resolution. Resolution. 00:02:09
Well, in the resolution can. 00:02:14
I mean, if you want to have a special meeting just for the resolution. I know that's awkward, but. 00:02:16
You should do it right. 00:02:21
OK. And. 00:02:23
Also I think on our timeline if we just kicked in another to the next video, so to get the January 1st assessment date. 00:02:26
Of January 1st of 25, you have to just pass the. 00:02:35
First resolution this year, you don't have to finish it. We actually are showing we're finishing it in November. 00:02:38
So it could go to the next meeting, you could go to next meeting, you could have a special. 00:02:44
And and the minutes could wait till next meeting. 00:02:49
All of our meetings are special. 00:02:52
Yeah, right. 00:02:53
Agree. What's? That said, all of our meetings are special. 00:02:54
The only thing would be the claims Justin. 00:02:59
No, that's fine. 00:03:01
That's not an issue. 00:03:02
So why don't you just, Yeah, we'll just proceed. 00:03:04
All right. So Brad, you're good the way you are. 00:03:09
What's that? 00:03:12
It's it's final, I can say. 00:03:13
I can take a vote. 00:03:15
Well, we can get on team, we can get. 00:03:17
OK, I don't want to hold up any votes. 00:03:19
So I'll pay time if we need to. 00:03:21
You want to take a. 00:03:23
First, you know, stab at this or whatever we need to do. 00:03:25
So the problem is the other. 00:03:28
So they had pre COVID, during COVID, post COVID, and they had unique redevelopment rules. 00:03:33
And I was just pulling this one. I think we're one of those that we should have at least 50% of the members present, which. 00:03:38
We don't. 00:03:44
OK. 00:03:46
So I don't think any of these items are so pressing. We'll just, I just don't want to do it wrong. Let's just Brad, we'll just 00:03:47
proceed as we are and we could. 00:03:51
Act on these at the next meeting as well. So it's not it's OK. 00:03:56
We'll be fine. 00:04:00
All right, so we're going to go ahead and call the. 00:04:01
The Redevelopment Commission meeting to order for September 16th. 00:04:03
If you want to do a roll call, please. 00:04:07
Here. 00:04:10
Here. 00:04:15
Is absent but strangle it's here my team. 00:04:18
Correct. 00:04:21
Brad's here. 00:04:22
And Melanie is absent. 00:04:27
Yeah, it's all right. 00:04:28
OK, first item we're going to skip over the minutes and claims. 00:04:31
And then if we have. 00:04:37
Public comment. I don't. 00:04:39
I think we do. I think. 00:04:40
Mr. Tweets here for his his. 00:04:42
Agenda item, unless you had something else. No. OK. 00:04:44
All right, do you want? 00:04:47
Nick, you've got all the new business. Yeah, so the resolution for the resolution #2025-3 knobs landing TIFF. 00:04:49
We will just table request. The table is to the next meeting. 00:04:58
Where we can have an official vote. 00:05:02
Can you? You want to? Well, it's OK. 00:05:05
We can talk about the next meeting and then if you want to give like a quick. 00:05:07
Overview So yeah, just quickly we're we're looking to add the two parcels associated with the Knobs landing development, Schreiber 00:05:11
and old Vince. 00:05:16
The TIF is surrounding that property. 00:05:22
It was a residential. 00:05:25
In nature, so it was left out of the tip. So we with the new development want to kind of. 00:05:27
Bring it into a TIFF. It'll be its own TIFF, so we start the clock. 00:05:33
For the 25 years. 00:05:38
New instead of adding it to the existing cloud that the parcel right where the new traffic signal. Yeah, right. A current right 00:05:39
where. 00:05:43
Mr. Thielemann's, Yeah. 00:05:48
There's a. 00:05:50
Right across from it, there's a new bank being built. Yeah, yeah. 00:05:52
Yeah, OK. 00:05:55
OK, we'll put that on our. 00:05:57
I guess our October. 00:06:01
Yeah, agenda. 00:06:03
And then so the Noble Park updates. 00:06:06
I will have included. 00:06:09
The plat of lot. 00:06:12
Is it 11 flat 10? 00:06:17
This was we need to amend. 00:06:20
This plot. 00:06:23
There is a conservation easement identified on the southern. 00:06:25
Portion of it, yeah. So that. 00:06:29
Where we would like to amend that to allow. 00:06:31
The water company to to. 00:06:35
Use so that'll be a water line easement. 00:06:38
Which will allow the water line to make it over to research way. 00:06:42
In that does that cause an issue with any of our zoning requirements or any of that I don't know sure you looked at no it no, it 00:06:46
does it this is simply amending the plat changing an easement from a conservation easement to. 00:06:53
A utility easement. 00:07:01
OK, my understanding is that was. 00:07:03
Electively put in place, we did not put that conservation easement in place. Wasn't like a binding element, Yeah, to to appease 00:07:06
anybody. 00:07:09
So. 00:07:13
I will proceed with. 00:07:15
But did that I'm sorry not to. 00:07:17
The labor that. 00:07:20
Is that the? 00:07:22
Common property line with the residential lot that was next door so. 00:07:23
There is an easement on the east side with the residential store but. 00:07:29
The portion where is is really adjacent to the highway. 00:07:34
OK, it's that property line, not the OK. 00:07:38
The corner there where? 00:07:42
Connects and will be adjacent, but I think that's. 00:07:43
Actually still stay right away that's fine, I just. 00:07:46
Making sure we didn't. 00:07:49
Agree to. 00:07:52
Keep a buffer. Well, I did ask Don. 00:07:53
If that was in their. 00:07:57
For to appease that person, right and. 00:07:58
It was not. He did not indicate that. 00:08:01
OK, so. 00:08:03
So we'll act on that as well at the. 00:08:05
Or is there action needed? Is this just an amendment? Well, I was going to request. 00:08:08
Permission to so this will need to go to the Plan Commission. 00:08:14
The to mend this plat. 00:08:18
So I was looking for direction, but we're not. 00:08:20
Well, Justin, this is a question I guess, since we're not. 00:08:23
Well, we're not. 00:08:28
We're just modifying. 00:08:29
The existing. 00:08:31
Restrictions on the property. We're not. Changing the property boundaries, we're not. Changing the use, we're not. 00:08:35
We actually need to act on it or just. 00:08:41
Can he go ahead and have that platinum in made? 00:08:43
So we're modifying the restrictions. We're modifying an easement. There's an easement on the property, and we're changing it to 00:08:47
use to allow a utility to go in that easily. 00:08:52
Yeah, OK. And so what's your next step? 00:08:58
I need to take it to the. I need to submit an application to the planning committee. 00:09:01
And I was looking to do that. 00:09:04
Just you can proceed. 00:09:07
Yeah, I'm sure he can make an application to the Planning Commission. I suppose it'd be nice to have your. 00:09:10
You didn't direct him to do it before at a meeting or anything. 00:09:16
This has just came up that I'm aware of. 00:09:19
I mean, it's for, it's, it's for. 00:09:23
Utilities. 00:09:26
Expansion of utilities in the park. 00:09:28
Of Nova Park. 00:09:30
Yeah, I think if we need a vote, I can ought this. 00:09:31
I can put the preliminary application, you can make application direction from yeah non. 00:09:34
Or, but I will say actually. 00:09:41
I mean I would have to sign. 00:09:43
Something eventually, right? 00:09:45
Yeah. 00:09:47
For the application, give him authority for the application. 00:09:48
That's what, yeah. So you can do that, but. 00:09:51
He can do the preliminary. Yeah, yeah. 00:09:54
Then you can come back at the next meeting and any signatures need it. We can vote at that time for the. 00:09:56
Signature cap. 00:10:01
OK, you good. 00:10:03
Building 3 update. That's the barn. 00:10:05
So saw your e-mail to. 00:10:09
Yeah. 00:10:11
So the. 00:10:13
The barn, What is it? 00:10:14
What's his company name? 00:10:17
LLC, right? 00:10:20
They're local. He wanted to have. He wanted to go come look at it and prepare a. 00:10:23
A report for us and estimates $600. 00:10:30
So I. 00:10:33
Didn't want him to progress with that until so it kind of. 00:10:35
Realized that this was a storm event so I called up our insurance. 00:10:40
And they're actually this morning have an adjuster out there to look at it. Oh. 00:10:44
OK, before proceeding with. 00:10:50
Yeah, see what they say? I wanted to. 00:10:52
His and if we need to act. 00:10:56
We can take this back up next meeting. 00:10:58
Yeah. And I also this morning had. 00:11:00
Coincidentally. 00:11:05
The Barn Guys was another company that. 00:11:07
Mr. Sekulow recommended for for the work. They reached out this morning, so I'll contact him as well to see what our options are 00:11:10
with that. 00:11:15
So you're just asking them basically what it's going to cost to stabilize that correctly? Yeah, what what we we're not looking to 00:11:20
re. 00:11:24
Yeah, right now it's just stabilization. 00:11:27
The old barn guys suggested. 00:11:32
Well said that they would probably need to. 00:11:35
Disassemble the barn. 00:11:39
And then? 00:11:41
Put a new foundation in and then reassemble it. 00:11:41
So I see you know, asked if. 00:11:44
If we what if we just disassembled it? 00:11:46
And kept it in storage until a future day when it was actually ready to be used. 00:11:48
I did pitch that. 00:11:54
Indiana landmarks and they said that. 00:11:57
That could be they would be acceptable to that, but they would want a second opinion. 00:12:00
Yeah, I'd say let's let the insurance adjuster tell us what. 00:12:05
So one note on that is we. 00:12:08
We have $107,000 in coverage for that. 00:12:12
And, umm. 00:12:15
I expect it to be more than that. 00:12:18
He also has a $25,000 deduct. 00:12:21
Yeah, you have, you have two people who specialize in barns. Is that what about just like the United Dynamics or? 00:12:23
We could reach out to them. They're gonna, if they're gonna give us a free estimate, some kind of stable. Yeah, yeah, yeah. Just a 00:12:32
stabilization company. 00:12:36
Just to say, hey, we just need someone to make sure it's stable so it doesn't fall down. Yeah, well, well. 00:12:40
I guess we'll wait and see what the claim adjuster. 00:12:45
Yeah, I'm just curious. I mean, I've not seen it other than that picture somewhat sent around. 00:12:50
So I just wanted to give you an update on that. 00:12:56
Issue it what this is. 00:12:59
All informal, so I'm going to go out of order here a little bit on the. 00:13:01
While we're still on Nova Park. 00:13:05
You know the Commission. 00:13:07
Went ahead and approved that change order at the last. 00:13:09
But you know that was. 00:13:11
Not really anticipated by the commissioners and I think the public really was kind of caught unawares about that and the magnitude 00:13:13
of it. And during the meeting I did say that I would. 00:13:18
Come back here and and see if we could offset some of those costs with some of the reserves that we have. We don't have huge 00:13:23
reserves, but I think we had 220 in like a small. 00:13:27
Loan fund or something like that? Yes, we do. 00:13:33
I mean that cost was like 950 or something, I mean. 00:13:37
I'd like for us, and we can't do it today, but I'd like for us to. 00:13:40
Hear it and sleep on and think about maybe. 00:13:43
Pushing $100,000 over towards that. 00:13:45
Change project, yeah, yeah. So that we can offset some of the cost. 00:13:48
Yeah, I think it's. 00:13:53
It's closer to 180,000 in the RLS. Well, it's around yeah, but there's some there's a balance, but there yes. And that's not 00:13:54
saying drain it, but for use in. 00:13:58
Yeah, I think. 00:14:03
You have Stan Howell here. 00:14:05
What financial officer, we're talking about the revolving loan fund. There's money, there's a balance in there, right? It was 220 00:14:07
at one time. And if it's 180, then we must have spent 40 on something and I think maybe we did, but. 00:14:12
But I think that would go a long way towards. 00:14:18
Sure. 00:14:20
Fostering goodwill between these two bodies. 00:14:21
To do that I mean. 00:14:24
$100,000 is not insignificant. 00:14:25
We did have some ways we were going to pay for it, but it was a little bit of a stretch so. 00:14:28
I think Stan would agree that 100,000 was. 00:14:31
Would help, right? 00:14:34
Yeah, yeah. Let's see what that balance is and bring it next meeting. 00:14:36
Sure, I don't think that'd be an issue. 00:14:39
OK there. 00:14:41
Good point. 00:14:43
Thank you. That would. 00:14:44
I said that would would go a long way towards. 00:14:45
Getting us back on the same same track together? Absolutely. 00:14:49
OK. Did you have? Yeah, I was just going to add. 00:14:53
Since I didn't know. 00:14:57
Have three people. 00:14:59
What I referenced at the beginning Summer 50. 00:15:01
R actually is 1/3. 00:15:03
It must be physically present. So we actually we have that. 00:15:05
We just need to now be able to see and hear Brad if you want to have. 00:15:09
I think we're OK too. 00:15:12
I don't think any of these items can, I don't think. But knowing moving forward, yeah, as long as we have a 3rd and you can see 00:15:14
the person. OK, got it. 00:15:18
All right. And then I wanted to give you one more update on the roof and we'll discuss. 00:15:22
So, so can we. 00:15:28
Before you go, yeah, go ahead. Sorry to belabor Nova Park. 00:15:29
Red wires building. 00:15:34
Itself. 00:15:37
Schedule wise, just in general. 00:15:38
How are they doing? 00:15:40
What? What's the Because we're coming up on October. 00:15:42
And I was thinking November was kind of the. 00:15:47
Yeah, I don't. 00:15:50
I don't have the exact date of when it'll be completed, but I believe red wire. 00:15:52
Portion of the structure, it will be completed. Rich mentioned that they plan to have the grand opening probably like in February, 00:15:56
but they'll be, they were going to wait. Yeah, they'll be they'll be able to take up the lease, but they were wanting to move in 00:16:01
this year. 00:16:06
Yes, yeah, OK. 00:16:12
Which should be. 00:16:13
Accomplishment November ish, not December. OK. 00:16:15
Good. Yeah, I knew it was getting close. 00:16:18
Yeah, OK. 00:16:21
Sorry, at the last meeting we were discussing door hangers. 00:16:23
Yeah. Well, I mean, we're right. It's getting really close, yeah. 00:16:27
And then the final item I had an update on the. 00:16:34
The roofed Edwardsville School roof. 00:16:36
We will discuss this at the executive session as well. 00:16:42
I did want to give an update that Cody Sprigler provided on Friday. 00:16:45
Over the weekend, the. 00:16:51
Deck. The sub decking was to be replaced. 00:16:53
The framer was anticipated to start this week. 00:16:56
And Lions, which is the roofing company, was supposed to be out there. 00:17:00
Next week. 00:17:04
I saw maybe it was part of that e-mail thread. 00:17:09
Some wall repair wall something. 00:17:12
Am I remembering that right? They had to do some. 00:17:16
Maybe I'm getting mixed up with something else? 00:17:20
Before, before lions could do their work, they had to do something else. 00:17:22
Anyway, as long as they're getting out there to get to work, I guess it's the important thing. 00:17:26
Yeah, OK. 00:17:31
He didn't indicate or did Lions indicate? 00:17:34
A duration time. 00:17:38
They did. He didn't indicate that I have not had any. 00:17:39
Clients. 00:17:43
All I know is they have what they need from us, which is. 00:17:45
We're not holding them up. 00:17:48
Yeah, it's it's certainly not on our side. 00:17:49
OK, All right. With that we have. 00:17:53
Tim, tweet here with proper pilots. 00:17:57
You know, have a presentation. He's a. 00:18:00
Product of. 00:18:04
Nova Park accelerator program. 00:18:05
That was held earlier this year. 00:18:09
All right, Tim, take it away. Come on up. 00:18:13
I think she's gonna show. 00:18:16
I think yeah, if you want to come up to the. 00:18:18
I think you'll be able to. 00:18:21
Play this or show this. 00:18:22
On the screen. 00:18:24
We could build a slideshow on maybe, but if you guys can see that we we have it perfect. 00:18:28
Excellent. 00:18:34
I'm Timothy Tweed. 00:18:36
I'm a commercial pilot. 00:18:37
A certified flight instructor. 00:18:38
Flight school owner and. 00:18:40
Founder of Proper Pilots. 00:18:41
The bad news and the problem that we're solving is. 00:18:44
Nobody likes waiting in line at. 00:18:47
The airport. 00:18:49
And the less pilots we have. 00:18:52
The longer your weight's gonna be. 00:18:54
The FAA tells us. 00:18:56
Globally. 00:18:58
By 20-30, we're 600. 00:19:00
1000 commercial pilots short. 00:19:02
But the flight training industry that was built to support aviation. 00:19:05
It isn't ready to scale. 00:19:09
It's reliant on multiple legacy desktop softwares and the scanning and faxing of. 00:19:12
Paperwork. 00:19:17
The good news is. 00:19:19
We fixed it. 00:19:22
Using the proper pilot system. 00:19:24
On average, we reduce the training time. 00:19:26
From never having flown a plane to commercial pilot by 2 1/2 months. 00:19:28
And we save each of those commercial pilot students $20,000. 00:19:32
We do this by consolidating. 00:19:37
Those government. 00:19:39
And legacy desktop softwares and all that paperwork and scanning and faxing and putting it in one seamless solution. 00:19:40
In your pocket. 00:19:47
We do this. 00:19:50
And we still. 00:19:51
Increase aviation safety by drastically increasing. 00:19:52
The quality of instruction when a flight instructor wants to be a flight instructor. 00:19:57
They give better instruction and so they make better pilots. 00:20:01
I know this is a problem because I've lived it. 00:20:05
I've taught students how to fly airplanes in this. 00:20:08
Broken system. 00:20:10
And it is clunky and we see so many people drop out just because they don't understand what they really have to do next. 00:20:12
Where they get hung up here or they get hung up there? 00:20:19
The real key is the graduation rate to close the gap in the pilot shortage. 00:20:22
The national average is only 5% of student pilots. 00:20:27
Who take their first flight? 00:20:30
Graduate as commercial pilots. 00:20:32
Using the proper pilot system. 00:20:34
We've raised that to 75%. 00:20:36
That statistic alone applied to all of the student pilots in America. 00:20:40
Closes the pilot shortage. 00:20:44
In the United States. 00:20:46
Can I ask a question so of? 00:20:47
5%. 00:20:49
What's the intent? 00:20:51
Of all the people who sign up, is it? 00:20:53
How many of those people who sign up intend to become commercial? Commercial pilots versus private? 00:20:55
That's a great question. 00:21:00
I'd say the 5%. 00:21:01
Is typically what the number that we associate with students that are paying money? 00:21:03
To become commercial pilots sometime in the future. 00:21:09
OK, so if you have 100 people sign up, how many are just wanting a private? 00:21:12
License and how many are wanting to fly commercially well. 00:21:16
And I have no way of knowing how they. 00:21:18
Decode that out. But the way that the FAA says it makes it seem as though these are commercial pilot students with it set out with 00:21:22
that intent, OK. 00:21:25
Not the intent to, you know, fly their their kids to New York and which is great and we do help private pilots as well, but. 00:21:29
Those those numbers were specifically about students that. 00:21:38
Start a commercial pilot program. 00:21:41
We launched on July 4th after graduating. 00:21:46
The business accelerator course at Nova Park. 00:21:49
We already have 124 early adopters. 00:21:52
The five star reviews are pouring in. 00:21:55
We're operating in five countries on 4 continents. 00:21:58
And we really see this as proving that the demand is real. 00:22:01
It's urgent. 00:22:05
And it is global. 00:22:06
The flight training industry is in a global. 00:22:10
Growth Supercycle. 00:22:13
With countries all over the world. 00:22:15
Breaking into the world of having enough disposable income. 00:22:17
To start wanting to fly, to see. 00:22:21
Family or friends in other places through the airlines. 00:22:24
In 2025 alone, we have 5 million new student pilots worldwide. 00:22:28
It's only September. 00:22:33
With our simple. 00:22:35
$2.00 per flight business model. 00:22:37
We offer a fintech solution. 00:22:40
Two flight schools. 00:22:42
That they desperately need. 00:22:45
All the while updating their organization and the way they keep students motivated. 00:22:46
We already have 3600. 00:22:52
Certified flight instructors and flight school owners on the wait list. 00:22:55
For our final launch, which we're planning. 00:22:58
October 1st. 00:23:01
This niche market or our target market? 00:23:04
The FAA says it's growing at 13%, compounded annually for the next decade. 00:23:07
To build a truly groundbreaking product. 00:23:14
I've partnered with a veteran software architect with over 20 years of experience. 00:23:17
And a track record of building rock solid. 00:23:22
Enterprise-scale solutions. 00:23:24
Combined with my industry experience. 00:23:28
As a flight school owner and operator and certified flight instructor on the ground and in the air. 00:23:31
We knew this guy was never going to be the limits for proper pilots. We both left. 00:23:36
Careers. 00:23:39
To make a global impact. 00:23:40
In this industry. 00:23:42
Floyd County has the opportunity to anchor. 00:23:47
A scaling. 00:23:49
Global aviation brand. 00:23:50
Proper pilots. 00:23:53
Isn't just. 00:23:54
Another start up. 00:23:55
We're software built in Indiana. 00:23:58
That flight schools worldwide are already adopting and using for their businesses. 00:24:01
Anchoring proper pilots here really means. 00:24:11
That every time. 00:24:14
That we accept a partnership. 00:24:16
An award or have a press release. 00:24:18
We're putting Floyd County on the map. 00:24:21
As the epicenter of the global flight training innovation that we're providing to the industry. 00:24:23
We're asking. 00:24:29
That Floyd County matches what Kentucky has already offered us. 00:24:30
We want $50,000. 00:24:34
And 12 months rent. 00:24:37
Office space. 00:24:39
Preferably at NOAA Park. 00:24:40
I live in Nob Hill subdivision just right across the street. 00:24:42
And I know that everyone's experienced the traffic driving into Louisville. 00:24:45
Derek and I both have daughters that go to Highland Hills. We want to show this community. 00:24:50
That you can have a tech startup that starts here. 00:24:55
Scales here. 00:24:58
And makes a global difference from right here in Floyd County. 00:25:00
Some of the guarantees that we're willing to offer. 00:25:04
Is we want to add $400,000 in payroll? 00:25:06
In Floyd County. 00:25:11
And we do that by building a headquarters. 00:25:12
At Nova Park. 00:25:16
Designed to retain local talent of programmers, engineers, marketing roles. 00:25:17
We really want to invest in this ecosystem. 00:25:26
Instead of going to an ecosystem that already exists and Louisville is. 00:25:28
Competing, uh. 00:25:33
At a high level. 00:25:35
To bring us in, we won the vote award. 00:25:36
We've won a couple of other regional awards. 00:25:38
And as soon as I stepped into those cohorts. 00:25:40
I realized that the real goal here. 00:25:44
Was. 00:25:46
How do we get you? 00:25:48
To incorporate in Kentucky and make this. 00:25:49
Your your place. 00:25:51
And because of that. 00:25:53
In five years. 00:25:54
When proper pilots has the money. 00:25:55
And is capable. 00:25:57
I would love to be able to say if any. 00:25:59
Startup wins the vote award. 00:26:02
From Floyd County that proper pilots will match what they're willing to give them. 00:26:04
Just to offset. 00:26:08
That draw that Louisville currently is using. 00:26:09
To take talent from Floyd County. 00:26:12
And put it in mobile. 00:26:14
I can, I can take some time for questions or I can talk more about the specifics about the awards that we've already received and 00:26:18
the the safe investment that we're turning down. 00:26:22
If Floyd County is able to to match the investment that Kentucky is looking at. 00:26:28
Quick question, just. 00:26:31
You said you guys. 00:26:33
Start it in July. 00:26:34
Of last year or this year? 00:26:35
We launched the application July 4th. 00:26:37
Of this year, Sir, So. 00:26:40
Just I'm trying to run numbers in my head. 00:26:43
How do you know you've cut the time down? 00:26:46
If you just start it in July of 20. 00:26:49
This year. 00:26:51
Absolutely. How do you? 00:26:52
I mean. 00:26:54
I would think you wouldn't know that you've cut the town down. 00:26:55
That your success rate is 75% versus 5%? 00:26:58
That's right. So the the proper pilot system I've been running in my flight school for five years. 00:27:01
That OK, that's what I'm getting. That's basically you've actually had a beta test going on. 00:27:07
That's right. 00:27:12
Previous value, Yeah, for about 5 years. I think it's four reviews in eight months to exact. OK, that makes me feel better because 00:27:13
I was thinking, how do you know that if you just started? Yeah, we've graduated 133 commercial pilots over that five year. 00:27:19
That's right. OK. And that's that's all just using the system of. 00:27:25
Hey students need to stay motivated that we can organize all these documents for you. 00:27:29
And I was doing that manually for your database. That's helping. 00:27:33
Keep them on track and this allows me to scale that to any flight school that wants to adopt it right? Instead of just me doing 00:27:39
it. 00:27:42
It gives the student. 00:27:46
Hey, you've, you've and I'm just making this up. You've got these 10. 00:27:48
Milestones you've got to hit. You've hit the first one, now you got to move to this one. Now you got it. It tracks things 00:27:51
absolutely organized. 00:27:55
And it also helps them scheduling as far as. 00:27:58
Hey, it looks like you like to fly on Tuesdays at 4:00 and we know that relearning. 00:28:01
Is what increases the price of getting your commercial pilot's license. 00:28:05
So we try to reduce the time between your lessons. 00:28:10
Effectively so if you go more than three days. 00:28:13
Without your next lesson. 00:28:16
You're just doing the same thing over the two hours of your last lesson for an hour and a half, so really you're only paying for 00:28:19
30 minutes. 00:28:22
Whereas if you do it the next day. 00:28:26
It's only about 10 minutes of relearning. 00:28:28
And by Noah. 00:28:30
Knowing these kind of. 00:28:32
You know, just the way that learning works for for our students, we're able to increase their ability to stay motivated and 00:28:33
organized. 00:28:37
Who's your biggest competitor? 00:28:42
In this market. 00:28:44
Absolutely. Our biggest competitor in this market is Flight Schedule Pro. They make $15 million a year and basically it's a 00:28:45
desktop run. 00:28:49
Software. 00:28:52
Umm, that is. 00:28:54
I answer the phone. 00:28:56
Probably 5 * a week. 00:28:58
To a flight school owner. 00:29:00
And they're like, hi, is this Tim with proper pilots and I'd say. 00:29:01
How much? 00:29:06
Do you hate flight schedule pro? 00:29:07
And they're like, Oh my goodness, it's the worst. I spend hours. 00:29:08
Of non billable time no, no one's getting paid for the hours that. 00:29:13
On a computer pecking away. 00:29:17
Pilots aren't, you know. 00:29:19
They're not typists. So so we're all, we're all hunting and pecking and trying to fill this stuff out and no one likes this 00:29:20
software. 00:29:23
Basically it's it's, it's just really clunky and not intuitive and they have a very, very terrible mobile application. 00:29:27
That they it seems like they just rolled out to say they had one. 00:29:36
Are they independently owned or? 00:29:39
I believe that they are private lands. 00:29:41
OK. 00:29:43
And are they aware of your existence at this point? I do believe they are aware of our existence. As a matter of fact, they've 00:29:45
already reached out about white label licensing of our product as their product for their mobile division. 00:29:51
Right, OK. 00:29:57
And you would when you say you wouldn't need. 00:30:00
You you're looking for space and office. Physical office for now. 00:30:03
And then you had that on a slide. Sorry, I'm sorry. I think it's later in the. 00:30:10
Yeah. And then? 00:30:15
By 2030. 00:30:18
You would want to actually have. 00:30:20
The ability. 00:30:22
To purchase one of the. 00:30:23
Parcels. 00:30:26
In Nova Park and we would love to do it much earlier. No, no, I'm just saying by 20-30, that's right. Yeah, Yes, Sir. Yeah. We 00:30:27
would like to be able to purchase a spot there to keep. 00:30:32
Engineers and programmers and marketing roles. Right right there. No park. 00:30:37
Because we have various sized parcels. 00:30:43
What's that, Brad, go ahead. 00:30:46
Go ahead. 00:30:47
I'm sorry there's a bit of a delay, so I apologize. 00:30:49
I just have a question about. 00:30:52
Is asked which was. 00:30:53
50,000. 00:30:55
Dollars if I heard that right. Plus. 00:30:57
12 months. 00:30:59
Rent is that? 00:31:01
Two separate things. 00:31:03
50,000. 00:31:04
Cash to get into an office space. 00:31:06
Is that and then 12 months rent and. 00:31:08
You know, is that what, what does that fall on us to provide? 00:31:12
Base and then they buy it from us. How does that work as far as the matching of the ask if I heard that correctly? Yeah, so. 00:31:15
I don't know that you could see the screen, so he has. 00:31:22
Two requests or two items the 50 you heard that right. 50,000 refundable loan with the following guarantees. 00:31:26
On that 50,001 is. 00:31:33
They would generate. 00:31:36
A minimum of $400,000 in Floyd County payroll by 2030. 00:31:38
They would purchase. 00:31:43
One of the parcels. 00:31:45
In Nova Park. 00:31:46
For a future headquarter building. 00:31:48
Batch 2030. 00:31:51
Those were the two items tied to the $50,000 refundable loan. 00:31:53
And then the other item was. 00:31:58
12 months of office. 00:32:00
Space. 00:32:02
I'm going to say in the whistle stop building because that's the only spot we have available. But they. 00:32:05
And when you say office space, A room, that's exactly what I meant. And I originally wrote whistle Stop, and I took it out because 00:32:10
I said at whistle stop at our part, it's OK It's the same. Yeah. That's the building it would be in. Yes, Sir. 00:32:15
Just one room. So that's. 00:32:21
Those were the two items. 00:32:24
Brad. 00:32:26
That helps. Thank you. That helps. That helps. Thank you. 00:32:28
OK. 00:32:32
And really the reason that I've separated them and it's not like we're going to take that $50,000 and then give it back to you. 00:32:34
For the office space is because Bridget Morrissey, the the owner or the the the founder of the route there co-founder, group 00:32:40
manager of the route. That's a local business in Floyd County and I don't want them to have to and Bridget has offered this. 00:32:48
Multiple times me 10. 00:32:56
It's OK. 00:32:58
Like, I want you. I want, I want to see this succeed. And she believes in proper pilots. 00:32:59
And Bridget has been an awesome support, but I don't want to see another small business have to pay. 00:33:03
For proper pilots of the small business in Floyd County, I think we should be able to support them both. 00:33:08
OK. Yeah, I have no further questions. Did your fly at 37? 00:33:17
I never flew with T37, but I do realize that it is named the tweeter. The tweeter, Yeah, yeah. 00:33:22
I flew him in the Air Force. Oh, really? Yeah. I was a combat photojournalist in the Air Force for six years. OK, Yeah. 00:33:27
Yeah. So yeah, the T37, the training jet is called a tweet or tweeter. 00:33:33
Huh. OK. 00:33:38
It came. It's his birthright. 00:33:39
Probably. Yeah, yeah, yeah, yeah. 00:33:40
No, this was good. Yeah, good presentation and. 00:33:43
As so you would be looking. 00:33:46
To have office space out there immediately. 00:33:49
Like as soon as we can. 00:33:54
Yes, Sir, as soon as they're a vote, we already. 00:33:56
You know, through, through, through rigid. Yeah. 00:33:59
And through accelerating through the graduating, you're using space now, yeah. 00:34:02
Yeah, yeah. They gave us a few months of, you know, rent free space there for graduating the accelerator. 00:34:06
Yep. And yeah, we would love to be able to just make that our actual office and and headquarters and Eric and I work out of there. 00:34:12
All right. 00:34:15
Well, thank you. Thanks for the presentation. Good information. 00:34:19
Thank you. 00:34:22
And congratulations. 00:34:23
On getting all this up off the ground. 00:34:25
No pun intended, but you know that's. 00:34:27
We had enough runway to get off the ground. That's right. 00:34:29
All right, Nick, do we have any other? 00:34:33
Business items before we adjourn and go into now we. 00:34:35
We don't. 00:34:39
I would entertain them. 00:34:41
Motion to adjourn and enter into an executive session. 00:34:42
I'll make a motion to adjourn with a. 00:34:46
Three minute hiatus for. 00:34:49
I understand. 00:34:51
I'll second that motion. All right. 00:34:53
All right, Brad, do you want to hang around or can you hang around? 00:34:56
Yeah, OK. I'll just hang on. All right. Thank you. 00:35:00
Thanks, Tim. 00:35:04
And I say 9 to the. 00:35:05
Event. 00:35:07
There's a general. 00:35:16
COVID statutes. There's emergency statutes, there's some specific statutes, there's a general door law. 00:35:19
Closing questions actually. 00:35:27
Are specific ones is 1/3. 00:35:31
General Richardson. 00:35:33
Well, that specifically says the definitions of a general. 00:35:36
So we want to keep our team. 00:35:41
Yeah, they're like, hey, Redevelopment Commission. 00:35:45
And by the way, the definitions that doesn't require 50%. 00:35:49
Another provision. 00:35:54
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Transcript

Event transcript
I mean, see how his phone? 00:00:01
Brad, do you have the ability to have a video? 00:00:03
Where we can see you? 00:00:08
I mean, I can hear. I can hear everybody I know, but. 00:00:09
We're being advised by our legal counsel. 00:00:15
That yeah, the new rules are. 00:00:19
You have to. 00:00:22
What do you say to be seen, be seen and be seen? 00:00:23
For the vote to count. 00:00:28
Well, I don't have. 00:00:31
You know that. 00:00:33
Seen because I don't I don't have a. 00:00:34
An account. 00:00:36
What team? Oh yeah, I mean, I could. FaceTime would love the boys. 00:00:38
Oh, hold one SEC. Look quickly. 00:00:42
Well if you don't have a Teams account that's OK. 00:00:44
I don't know, he needs to log into account. 00:00:48
For our link. 00:00:51
Can you? 00:00:54
I don't know how that works. 00:00:55
Yeah, well. 00:01:03
I do have one more. I mean, I can FaceTime you, Brad. 00:01:04
I think Bob has one. 00:01:08
What do you need? 00:01:09
Did you get a gin? I have one. 00:01:10
Yeah, I printed it out and. 00:01:12
Rather, well, somebody's getting extra credit for that. 00:01:15
Teachers Pet. 00:01:21
I'll take whatever I can. 00:01:22
Yeah, yeah. 00:01:23
Do you? Do you need my vote? 00:01:26
Yes, right now it's just Alan myself. 00:01:29
Danny had a death in the family abruptly and. 00:01:33
Right. And and Richard already said that he couldn't make it. 00:01:36
Yeah, we're down. 00:01:40
OK. 00:01:42
And we have a resolution. 00:01:45
On the agenda? 00:01:47
That I know needs action. 00:01:49
Well then we have proper. 00:01:52
Look, there's too much effort here. So we've got, we have a resolution in the. 00:01:55
Think there's the proper pilots also needs action, right? No, no. 00:02:00
OK, have direction during the. Yeah, we can hear the presentation and we're just going to present information. The three items 00:02:04
that we would have actions on are the minutes, the claims and the resolution. Resolution. 00:02:09
Well, in the resolution can. 00:02:14
I mean, if you want to have a special meeting just for the resolution. I know that's awkward, but. 00:02:16
You should do it right. 00:02:21
OK. And. 00:02:23
Also I think on our timeline if we just kicked in another to the next video, so to get the January 1st assessment date. 00:02:26
Of January 1st of 25, you have to just pass the. 00:02:35
First resolution this year, you don't have to finish it. We actually are showing we're finishing it in November. 00:02:38
So it could go to the next meeting, you could go to next meeting, you could have a special. 00:02:44
And and the minutes could wait till next meeting. 00:02:49
All of our meetings are special. 00:02:52
Yeah, right. 00:02:53
Agree. What's? That said, all of our meetings are special. 00:02:54
The only thing would be the claims Justin. 00:02:59
No, that's fine. 00:03:01
That's not an issue. 00:03:02
So why don't you just, Yeah, we'll just proceed. 00:03:04
All right. So Brad, you're good the way you are. 00:03:09
What's that? 00:03:12
It's it's final, I can say. 00:03:13
I can take a vote. 00:03:15
Well, we can get on team, we can get. 00:03:17
OK, I don't want to hold up any votes. 00:03:19
So I'll pay time if we need to. 00:03:21
You want to take a. 00:03:23
First, you know, stab at this or whatever we need to do. 00:03:25
So the problem is the other. 00:03:28
So they had pre COVID, during COVID, post COVID, and they had unique redevelopment rules. 00:03:33
And I was just pulling this one. I think we're one of those that we should have at least 50% of the members present, which. 00:03:38
We don't. 00:03:44
OK. 00:03:46
So I don't think any of these items are so pressing. We'll just, I just don't want to do it wrong. Let's just Brad, we'll just 00:03:47
proceed as we are and we could. 00:03:51
Act on these at the next meeting as well. So it's not it's OK. 00:03:56
We'll be fine. 00:04:00
All right, so we're going to go ahead and call the. 00:04:01
The Redevelopment Commission meeting to order for September 16th. 00:04:03
If you want to do a roll call, please. 00:04:07
Here. 00:04:10
Here. 00:04:15
Is absent but strangle it's here my team. 00:04:18
Correct. 00:04:21
Brad's here. 00:04:22
And Melanie is absent. 00:04:27
Yeah, it's all right. 00:04:28
OK, first item we're going to skip over the minutes and claims. 00:04:31
And then if we have. 00:04:37
Public comment. I don't. 00:04:39
I think we do. I think. 00:04:40
Mr. Tweets here for his his. 00:04:42
Agenda item, unless you had something else. No. OK. 00:04:44
All right, do you want? 00:04:47
Nick, you've got all the new business. Yeah, so the resolution for the resolution #2025-3 knobs landing TIFF. 00:04:49
We will just table request. The table is to the next meeting. 00:04:58
Where we can have an official vote. 00:05:02
Can you? You want to? Well, it's OK. 00:05:05
We can talk about the next meeting and then if you want to give like a quick. 00:05:07
Overview So yeah, just quickly we're we're looking to add the two parcels associated with the Knobs landing development, Schreiber 00:05:11
and old Vince. 00:05:16
The TIF is surrounding that property. 00:05:22
It was a residential. 00:05:25
In nature, so it was left out of the tip. So we with the new development want to kind of. 00:05:27
Bring it into a TIFF. It'll be its own TIFF, so we start the clock. 00:05:33
For the 25 years. 00:05:38
New instead of adding it to the existing cloud that the parcel right where the new traffic signal. Yeah, right. A current right 00:05:39
where. 00:05:43
Mr. Thielemann's, Yeah. 00:05:48
There's a. 00:05:50
Right across from it, there's a new bank being built. Yeah, yeah. 00:05:52
Yeah, OK. 00:05:55
OK, we'll put that on our. 00:05:57
I guess our October. 00:06:01
Yeah, agenda. 00:06:03
And then so the Noble Park updates. 00:06:06
I will have included. 00:06:09
The plat of lot. 00:06:12
Is it 11 flat 10? 00:06:17
This was we need to amend. 00:06:20
This plot. 00:06:23
There is a conservation easement identified on the southern. 00:06:25
Portion of it, yeah. So that. 00:06:29
Where we would like to amend that to allow. 00:06:31
The water company to to. 00:06:35
Use so that'll be a water line easement. 00:06:38
Which will allow the water line to make it over to research way. 00:06:42
In that does that cause an issue with any of our zoning requirements or any of that I don't know sure you looked at no it no, it 00:06:46
does it this is simply amending the plat changing an easement from a conservation easement to. 00:06:53
A utility easement. 00:07:01
OK, my understanding is that was. 00:07:03
Electively put in place, we did not put that conservation easement in place. Wasn't like a binding element, Yeah, to to appease 00:07:06
anybody. 00:07:09
So. 00:07:13
I will proceed with. 00:07:15
But did that I'm sorry not to. 00:07:17
The labor that. 00:07:20
Is that the? 00:07:22
Common property line with the residential lot that was next door so. 00:07:23
There is an easement on the east side with the residential store but. 00:07:29
The portion where is is really adjacent to the highway. 00:07:34
OK, it's that property line, not the OK. 00:07:38
The corner there where? 00:07:42
Connects and will be adjacent, but I think that's. 00:07:43
Actually still stay right away that's fine, I just. 00:07:46
Making sure we didn't. 00:07:49
Agree to. 00:07:52
Keep a buffer. Well, I did ask Don. 00:07:53
If that was in their. 00:07:57
For to appease that person, right and. 00:07:58
It was not. He did not indicate that. 00:08:01
OK, so. 00:08:03
So we'll act on that as well at the. 00:08:05
Or is there action needed? Is this just an amendment? Well, I was going to request. 00:08:08
Permission to so this will need to go to the Plan Commission. 00:08:14
The to mend this plat. 00:08:18
So I was looking for direction, but we're not. 00:08:20
Well, Justin, this is a question I guess, since we're not. 00:08:23
Well, we're not. 00:08:28
We're just modifying. 00:08:29
The existing. 00:08:31
Restrictions on the property. We're not. Changing the property boundaries, we're not. Changing the use, we're not. 00:08:35
We actually need to act on it or just. 00:08:41
Can he go ahead and have that platinum in made? 00:08:43
So we're modifying the restrictions. We're modifying an easement. There's an easement on the property, and we're changing it to 00:08:47
use to allow a utility to go in that easily. 00:08:52
Yeah, OK. And so what's your next step? 00:08:58
I need to take it to the. I need to submit an application to the planning committee. 00:09:01
And I was looking to do that. 00:09:04
Just you can proceed. 00:09:07
Yeah, I'm sure he can make an application to the Planning Commission. I suppose it'd be nice to have your. 00:09:10
You didn't direct him to do it before at a meeting or anything. 00:09:16
This has just came up that I'm aware of. 00:09:19
I mean, it's for, it's, it's for. 00:09:23
Utilities. 00:09:26
Expansion of utilities in the park. 00:09:28
Of Nova Park. 00:09:30
Yeah, I think if we need a vote, I can ought this. 00:09:31
I can put the preliminary application, you can make application direction from yeah non. 00:09:34
Or, but I will say actually. 00:09:41
I mean I would have to sign. 00:09:43
Something eventually, right? 00:09:45
Yeah. 00:09:47
For the application, give him authority for the application. 00:09:48
That's what, yeah. So you can do that, but. 00:09:51
He can do the preliminary. Yeah, yeah. 00:09:54
Then you can come back at the next meeting and any signatures need it. We can vote at that time for the. 00:09:56
Signature cap. 00:10:01
OK, you good. 00:10:03
Building 3 update. That's the barn. 00:10:05
So saw your e-mail to. 00:10:09
Yeah. 00:10:11
So the. 00:10:13
The barn, What is it? 00:10:14
What's his company name? 00:10:17
LLC, right? 00:10:20
They're local. He wanted to have. He wanted to go come look at it and prepare a. 00:10:23
A report for us and estimates $600. 00:10:30
So I. 00:10:33
Didn't want him to progress with that until so it kind of. 00:10:35
Realized that this was a storm event so I called up our insurance. 00:10:40
And they're actually this morning have an adjuster out there to look at it. Oh. 00:10:44
OK, before proceeding with. 00:10:50
Yeah, see what they say? I wanted to. 00:10:52
His and if we need to act. 00:10:56
We can take this back up next meeting. 00:10:58
Yeah. And I also this morning had. 00:11:00
Coincidentally. 00:11:05
The Barn Guys was another company that. 00:11:07
Mr. Sekulow recommended for for the work. They reached out this morning, so I'll contact him as well to see what our options are 00:11:10
with that. 00:11:15
So you're just asking them basically what it's going to cost to stabilize that correctly? Yeah, what what we we're not looking to 00:11:20
re. 00:11:24
Yeah, right now it's just stabilization. 00:11:27
The old barn guys suggested. 00:11:32
Well said that they would probably need to. 00:11:35
Disassemble the barn. 00:11:39
And then? 00:11:41
Put a new foundation in and then reassemble it. 00:11:41
So I see you know, asked if. 00:11:44
If we what if we just disassembled it? 00:11:46
And kept it in storage until a future day when it was actually ready to be used. 00:11:48
I did pitch that. 00:11:54
Indiana landmarks and they said that. 00:11:57
That could be they would be acceptable to that, but they would want a second opinion. 00:12:00
Yeah, I'd say let's let the insurance adjuster tell us what. 00:12:05
So one note on that is we. 00:12:08
We have $107,000 in coverage for that. 00:12:12
And, umm. 00:12:15
I expect it to be more than that. 00:12:18
He also has a $25,000 deduct. 00:12:21
Yeah, you have, you have two people who specialize in barns. Is that what about just like the United Dynamics or? 00:12:23
We could reach out to them. They're gonna, if they're gonna give us a free estimate, some kind of stable. Yeah, yeah, yeah. Just a 00:12:32
stabilization company. 00:12:36
Just to say, hey, we just need someone to make sure it's stable so it doesn't fall down. Yeah, well, well. 00:12:40
I guess we'll wait and see what the claim adjuster. 00:12:45
Yeah, I'm just curious. I mean, I've not seen it other than that picture somewhat sent around. 00:12:50
So I just wanted to give you an update on that. 00:12:56
Issue it what this is. 00:12:59
All informal, so I'm going to go out of order here a little bit on the. 00:13:01
While we're still on Nova Park. 00:13:05
You know the Commission. 00:13:07
Went ahead and approved that change order at the last. 00:13:09
But you know that was. 00:13:11
Not really anticipated by the commissioners and I think the public really was kind of caught unawares about that and the magnitude 00:13:13
of it. And during the meeting I did say that I would. 00:13:18
Come back here and and see if we could offset some of those costs with some of the reserves that we have. We don't have huge 00:13:23
reserves, but I think we had 220 in like a small. 00:13:27
Loan fund or something like that? Yes, we do. 00:13:33
I mean that cost was like 950 or something, I mean. 00:13:37
I'd like for us, and we can't do it today, but I'd like for us to. 00:13:40
Hear it and sleep on and think about maybe. 00:13:43
Pushing $100,000 over towards that. 00:13:45
Change project, yeah, yeah. So that we can offset some of the cost. 00:13:48
Yeah, I think it's. 00:13:53
It's closer to 180,000 in the RLS. Well, it's around yeah, but there's some there's a balance, but there yes. And that's not 00:13:54
saying drain it, but for use in. 00:13:58
Yeah, I think. 00:14:03
You have Stan Howell here. 00:14:05
What financial officer, we're talking about the revolving loan fund. There's money, there's a balance in there, right? It was 220 00:14:07
at one time. And if it's 180, then we must have spent 40 on something and I think maybe we did, but. 00:14:12
But I think that would go a long way towards. 00:14:18
Sure. 00:14:20
Fostering goodwill between these two bodies. 00:14:21
To do that I mean. 00:14:24
$100,000 is not insignificant. 00:14:25
We did have some ways we were going to pay for it, but it was a little bit of a stretch so. 00:14:28
I think Stan would agree that 100,000 was. 00:14:31
Would help, right? 00:14:34
Yeah, yeah. Let's see what that balance is and bring it next meeting. 00:14:36
Sure, I don't think that'd be an issue. 00:14:39
OK there. 00:14:41
Good point. 00:14:43
Thank you. That would. 00:14:44
I said that would would go a long way towards. 00:14:45
Getting us back on the same same track together? Absolutely. 00:14:49
OK. Did you have? Yeah, I was just going to add. 00:14:53
Since I didn't know. 00:14:57
Have three people. 00:14:59
What I referenced at the beginning Summer 50. 00:15:01
R actually is 1/3. 00:15:03
It must be physically present. So we actually we have that. 00:15:05
We just need to now be able to see and hear Brad if you want to have. 00:15:09
I think we're OK too. 00:15:12
I don't think any of these items can, I don't think. But knowing moving forward, yeah, as long as we have a 3rd and you can see 00:15:14
the person. OK, got it. 00:15:18
All right. And then I wanted to give you one more update on the roof and we'll discuss. 00:15:22
So, so can we. 00:15:28
Before you go, yeah, go ahead. Sorry to belabor Nova Park. 00:15:29
Red wires building. 00:15:34
Itself. 00:15:37
Schedule wise, just in general. 00:15:38
How are they doing? 00:15:40
What? What's the Because we're coming up on October. 00:15:42
And I was thinking November was kind of the. 00:15:47
Yeah, I don't. 00:15:50
I don't have the exact date of when it'll be completed, but I believe red wire. 00:15:52
Portion of the structure, it will be completed. Rich mentioned that they plan to have the grand opening probably like in February, 00:15:56
but they'll be, they were going to wait. Yeah, they'll be they'll be able to take up the lease, but they were wanting to move in 00:16:01
this year. 00:16:06
Yes, yeah, OK. 00:16:12
Which should be. 00:16:13
Accomplishment November ish, not December. OK. 00:16:15
Good. Yeah, I knew it was getting close. 00:16:18
Yeah, OK. 00:16:21
Sorry, at the last meeting we were discussing door hangers. 00:16:23
Yeah. Well, I mean, we're right. It's getting really close, yeah. 00:16:27
And then the final item I had an update on the. 00:16:34
The roofed Edwardsville School roof. 00:16:36
We will discuss this at the executive session as well. 00:16:42
I did want to give an update that Cody Sprigler provided on Friday. 00:16:45
Over the weekend, the. 00:16:51
Deck. The sub decking was to be replaced. 00:16:53
The framer was anticipated to start this week. 00:16:56
And Lions, which is the roofing company, was supposed to be out there. 00:17:00
Next week. 00:17:04
I saw maybe it was part of that e-mail thread. 00:17:09
Some wall repair wall something. 00:17:12
Am I remembering that right? They had to do some. 00:17:16
Maybe I'm getting mixed up with something else? 00:17:20
Before, before lions could do their work, they had to do something else. 00:17:22
Anyway, as long as they're getting out there to get to work, I guess it's the important thing. 00:17:26
Yeah, OK. 00:17:31
He didn't indicate or did Lions indicate? 00:17:34
A duration time. 00:17:38
They did. He didn't indicate that I have not had any. 00:17:39
Clients. 00:17:43
All I know is they have what they need from us, which is. 00:17:45
We're not holding them up. 00:17:48
Yeah, it's it's certainly not on our side. 00:17:49
OK, All right. With that we have. 00:17:53
Tim, tweet here with proper pilots. 00:17:57
You know, have a presentation. He's a. 00:18:00
Product of. 00:18:04
Nova Park accelerator program. 00:18:05
That was held earlier this year. 00:18:09
All right, Tim, take it away. Come on up. 00:18:13
I think she's gonna show. 00:18:16
I think yeah, if you want to come up to the. 00:18:18
I think you'll be able to. 00:18:21
Play this or show this. 00:18:22
On the screen. 00:18:24
We could build a slideshow on maybe, but if you guys can see that we we have it perfect. 00:18:28
Excellent. 00:18:34
I'm Timothy Tweed. 00:18:36
I'm a commercial pilot. 00:18:37
A certified flight instructor. 00:18:38
Flight school owner and. 00:18:40
Founder of Proper Pilots. 00:18:41
The bad news and the problem that we're solving is. 00:18:44
Nobody likes waiting in line at. 00:18:47
The airport. 00:18:49
And the less pilots we have. 00:18:52
The longer your weight's gonna be. 00:18:54
The FAA tells us. 00:18:56
Globally. 00:18:58
By 20-30, we're 600. 00:19:00
1000 commercial pilots short. 00:19:02
But the flight training industry that was built to support aviation. 00:19:05
It isn't ready to scale. 00:19:09
It's reliant on multiple legacy desktop softwares and the scanning and faxing of. 00:19:12
Paperwork. 00:19:17
The good news is. 00:19:19
We fixed it. 00:19:22
Using the proper pilot system. 00:19:24
On average, we reduce the training time. 00:19:26
From never having flown a plane to commercial pilot by 2 1/2 months. 00:19:28
And we save each of those commercial pilot students $20,000. 00:19:32
We do this by consolidating. 00:19:37
Those government. 00:19:39
And legacy desktop softwares and all that paperwork and scanning and faxing and putting it in one seamless solution. 00:19:40
In your pocket. 00:19:47
We do this. 00:19:50
And we still. 00:19:51
Increase aviation safety by drastically increasing. 00:19:52
The quality of instruction when a flight instructor wants to be a flight instructor. 00:19:57
They give better instruction and so they make better pilots. 00:20:01
I know this is a problem because I've lived it. 00:20:05
I've taught students how to fly airplanes in this. 00:20:08
Broken system. 00:20:10
And it is clunky and we see so many people drop out just because they don't understand what they really have to do next. 00:20:12
Where they get hung up here or they get hung up there? 00:20:19
The real key is the graduation rate to close the gap in the pilot shortage. 00:20:22
The national average is only 5% of student pilots. 00:20:27
Who take their first flight? 00:20:30
Graduate as commercial pilots. 00:20:32
Using the proper pilot system. 00:20:34
We've raised that to 75%. 00:20:36
That statistic alone applied to all of the student pilots in America. 00:20:40
Closes the pilot shortage. 00:20:44
In the United States. 00:20:46
Can I ask a question so of? 00:20:47
5%. 00:20:49
What's the intent? 00:20:51
Of all the people who sign up, is it? 00:20:53
How many of those people who sign up intend to become commercial? Commercial pilots versus private? 00:20:55
That's a great question. 00:21:00
I'd say the 5%. 00:21:01
Is typically what the number that we associate with students that are paying money? 00:21:03
To become commercial pilots sometime in the future. 00:21:09
OK, so if you have 100 people sign up, how many are just wanting a private? 00:21:12
License and how many are wanting to fly commercially well. 00:21:16
And I have no way of knowing how they. 00:21:18
Decode that out. But the way that the FAA says it makes it seem as though these are commercial pilot students with it set out with 00:21:22
that intent, OK. 00:21:25
Not the intent to, you know, fly their their kids to New York and which is great and we do help private pilots as well, but. 00:21:29
Those those numbers were specifically about students that. 00:21:38
Start a commercial pilot program. 00:21:41
We launched on July 4th after graduating. 00:21:46
The business accelerator course at Nova Park. 00:21:49
We already have 124 early adopters. 00:21:52
The five star reviews are pouring in. 00:21:55
We're operating in five countries on 4 continents. 00:21:58
And we really see this as proving that the demand is real. 00:22:01
It's urgent. 00:22:05
And it is global. 00:22:06
The flight training industry is in a global. 00:22:10
Growth Supercycle. 00:22:13
With countries all over the world. 00:22:15
Breaking into the world of having enough disposable income. 00:22:17
To start wanting to fly, to see. 00:22:21
Family or friends in other places through the airlines. 00:22:24
In 2025 alone, we have 5 million new student pilots worldwide. 00:22:28
It's only September. 00:22:33
With our simple. 00:22:35
$2.00 per flight business model. 00:22:37
We offer a fintech solution. 00:22:40
Two flight schools. 00:22:42
That they desperately need. 00:22:45
All the while updating their organization and the way they keep students motivated. 00:22:46
We already have 3600. 00:22:52
Certified flight instructors and flight school owners on the wait list. 00:22:55
For our final launch, which we're planning. 00:22:58
October 1st. 00:23:01
This niche market or our target market? 00:23:04
The FAA says it's growing at 13%, compounded annually for the next decade. 00:23:07
To build a truly groundbreaking product. 00:23:14
I've partnered with a veteran software architect with over 20 years of experience. 00:23:17
And a track record of building rock solid. 00:23:22
Enterprise-scale solutions. 00:23:24
Combined with my industry experience. 00:23:28
As a flight school owner and operator and certified flight instructor on the ground and in the air. 00:23:31
We knew this guy was never going to be the limits for proper pilots. We both left. 00:23:36
Careers. 00:23:39
To make a global impact. 00:23:40
In this industry. 00:23:42
Floyd County has the opportunity to anchor. 00:23:47
A scaling. 00:23:49
Global aviation brand. 00:23:50
Proper pilots. 00:23:53
Isn't just. 00:23:54
Another start up. 00:23:55
We're software built in Indiana. 00:23:58
That flight schools worldwide are already adopting and using for their businesses. 00:24:01
Anchoring proper pilots here really means. 00:24:11
That every time. 00:24:14
That we accept a partnership. 00:24:16
An award or have a press release. 00:24:18
We're putting Floyd County on the map. 00:24:21
As the epicenter of the global flight training innovation that we're providing to the industry. 00:24:23
We're asking. 00:24:29
That Floyd County matches what Kentucky has already offered us. 00:24:30
We want $50,000. 00:24:34
And 12 months rent. 00:24:37
Office space. 00:24:39
Preferably at NOAA Park. 00:24:40
I live in Nob Hill subdivision just right across the street. 00:24:42
And I know that everyone's experienced the traffic driving into Louisville. 00:24:45
Derek and I both have daughters that go to Highland Hills. We want to show this community. 00:24:50
That you can have a tech startup that starts here. 00:24:55
Scales here. 00:24:58
And makes a global difference from right here in Floyd County. 00:25:00
Some of the guarantees that we're willing to offer. 00:25:04
Is we want to add $400,000 in payroll? 00:25:06
In Floyd County. 00:25:11
And we do that by building a headquarters. 00:25:12
At Nova Park. 00:25:16
Designed to retain local talent of programmers, engineers, marketing roles. 00:25:17
We really want to invest in this ecosystem. 00:25:26
Instead of going to an ecosystem that already exists and Louisville is. 00:25:28
Competing, uh. 00:25:33
At a high level. 00:25:35
To bring us in, we won the vote award. 00:25:36
We've won a couple of other regional awards. 00:25:38
And as soon as I stepped into those cohorts. 00:25:40
I realized that the real goal here. 00:25:44
Was. 00:25:46
How do we get you? 00:25:48
To incorporate in Kentucky and make this. 00:25:49
Your your place. 00:25:51
And because of that. 00:25:53
In five years. 00:25:54
When proper pilots has the money. 00:25:55
And is capable. 00:25:57
I would love to be able to say if any. 00:25:59
Startup wins the vote award. 00:26:02
From Floyd County that proper pilots will match what they're willing to give them. 00:26:04
Just to offset. 00:26:08
That draw that Louisville currently is using. 00:26:09
To take talent from Floyd County. 00:26:12
And put it in mobile. 00:26:14
I can, I can take some time for questions or I can talk more about the specifics about the awards that we've already received and 00:26:18
the the safe investment that we're turning down. 00:26:22
If Floyd County is able to to match the investment that Kentucky is looking at. 00:26:28
Quick question, just. 00:26:31
You said you guys. 00:26:33
Start it in July. 00:26:34
Of last year or this year? 00:26:35
We launched the application July 4th. 00:26:37
Of this year, Sir, So. 00:26:40
Just I'm trying to run numbers in my head. 00:26:43
How do you know you've cut the time down? 00:26:46
If you just start it in July of 20. 00:26:49
This year. 00:26:51
Absolutely. How do you? 00:26:52
I mean. 00:26:54
I would think you wouldn't know that you've cut the town down. 00:26:55
That your success rate is 75% versus 5%? 00:26:58
That's right. So the the proper pilot system I've been running in my flight school for five years. 00:27:01
That OK, that's what I'm getting. That's basically you've actually had a beta test going on. 00:27:07
That's right. 00:27:12
Previous value, Yeah, for about 5 years. I think it's four reviews in eight months to exact. OK, that makes me feel better because 00:27:13
I was thinking, how do you know that if you just started? Yeah, we've graduated 133 commercial pilots over that five year. 00:27:19
That's right. OK. And that's that's all just using the system of. 00:27:25
Hey students need to stay motivated that we can organize all these documents for you. 00:27:29
And I was doing that manually for your database. That's helping. 00:27:33
Keep them on track and this allows me to scale that to any flight school that wants to adopt it right? Instead of just me doing 00:27:39
it. 00:27:42
It gives the student. 00:27:46
Hey, you've, you've and I'm just making this up. You've got these 10. 00:27:48
Milestones you've got to hit. You've hit the first one, now you got to move to this one. Now you got it. It tracks things 00:27:51
absolutely organized. 00:27:55
And it also helps them scheduling as far as. 00:27:58
Hey, it looks like you like to fly on Tuesdays at 4:00 and we know that relearning. 00:28:01
Is what increases the price of getting your commercial pilot's license. 00:28:05
So we try to reduce the time between your lessons. 00:28:10
Effectively so if you go more than three days. 00:28:13
Without your next lesson. 00:28:16
You're just doing the same thing over the two hours of your last lesson for an hour and a half, so really you're only paying for 00:28:19
30 minutes. 00:28:22
Whereas if you do it the next day. 00:28:26
It's only about 10 minutes of relearning. 00:28:28
And by Noah. 00:28:30
Knowing these kind of. 00:28:32
You know, just the way that learning works for for our students, we're able to increase their ability to stay motivated and 00:28:33
organized. 00:28:37
Who's your biggest competitor? 00:28:42
In this market. 00:28:44
Absolutely. Our biggest competitor in this market is Flight Schedule Pro. They make $15 million a year and basically it's a 00:28:45
desktop run. 00:28:49
Software. 00:28:52
Umm, that is. 00:28:54
I answer the phone. 00:28:56
Probably 5 * a week. 00:28:58
To a flight school owner. 00:29:00
And they're like, hi, is this Tim with proper pilots and I'd say. 00:29:01
How much? 00:29:06
Do you hate flight schedule pro? 00:29:07
And they're like, Oh my goodness, it's the worst. I spend hours. 00:29:08
Of non billable time no, no one's getting paid for the hours that. 00:29:13
On a computer pecking away. 00:29:17
Pilots aren't, you know. 00:29:19
They're not typists. So so we're all, we're all hunting and pecking and trying to fill this stuff out and no one likes this 00:29:20
software. 00:29:23
Basically it's it's, it's just really clunky and not intuitive and they have a very, very terrible mobile application. 00:29:27
That they it seems like they just rolled out to say they had one. 00:29:36
Are they independently owned or? 00:29:39
I believe that they are private lands. 00:29:41
OK. 00:29:43
And are they aware of your existence at this point? I do believe they are aware of our existence. As a matter of fact, they've 00:29:45
already reached out about white label licensing of our product as their product for their mobile division. 00:29:51
Right, OK. 00:29:57
And you would when you say you wouldn't need. 00:30:00
You you're looking for space and office. Physical office for now. 00:30:03
And then you had that on a slide. Sorry, I'm sorry. I think it's later in the. 00:30:10
Yeah. And then? 00:30:15
By 2030. 00:30:18
You would want to actually have. 00:30:20
The ability. 00:30:22
To purchase one of the. 00:30:23
Parcels. 00:30:26
In Nova Park and we would love to do it much earlier. No, no, I'm just saying by 20-30, that's right. Yeah, Yes, Sir. Yeah. We 00:30:27
would like to be able to purchase a spot there to keep. 00:30:32
Engineers and programmers and marketing roles. Right right there. No park. 00:30:37
Because we have various sized parcels. 00:30:43
What's that, Brad, go ahead. 00:30:46
Go ahead. 00:30:47
I'm sorry there's a bit of a delay, so I apologize. 00:30:49
I just have a question about. 00:30:52
Is asked which was. 00:30:53
50,000. 00:30:55
Dollars if I heard that right. Plus. 00:30:57
12 months. 00:30:59
Rent is that? 00:31:01
Two separate things. 00:31:03
50,000. 00:31:04
Cash to get into an office space. 00:31:06
Is that and then 12 months rent and. 00:31:08
You know, is that what, what does that fall on us to provide? 00:31:12
Base and then they buy it from us. How does that work as far as the matching of the ask if I heard that correctly? Yeah, so. 00:31:15
I don't know that you could see the screen, so he has. 00:31:22
Two requests or two items the 50 you heard that right. 50,000 refundable loan with the following guarantees. 00:31:26
On that 50,001 is. 00:31:33
They would generate. 00:31:36
A minimum of $400,000 in Floyd County payroll by 2030. 00:31:38
They would purchase. 00:31:43
One of the parcels. 00:31:45
In Nova Park. 00:31:46
For a future headquarter building. 00:31:48
Batch 2030. 00:31:51
Those were the two items tied to the $50,000 refundable loan. 00:31:53
And then the other item was. 00:31:58
12 months of office. 00:32:00
Space. 00:32:02
I'm going to say in the whistle stop building because that's the only spot we have available. But they. 00:32:05
And when you say office space, A room, that's exactly what I meant. And I originally wrote whistle Stop, and I took it out because 00:32:10
I said at whistle stop at our part, it's OK It's the same. Yeah. That's the building it would be in. Yes, Sir. 00:32:15
Just one room. So that's. 00:32:21
Those were the two items. 00:32:24
Brad. 00:32:26
That helps. Thank you. That helps. That helps. Thank you. 00:32:28
OK. 00:32:32
And really the reason that I've separated them and it's not like we're going to take that $50,000 and then give it back to you. 00:32:34
For the office space is because Bridget Morrissey, the the owner or the the the founder of the route there co-founder, group 00:32:40
manager of the route. That's a local business in Floyd County and I don't want them to have to and Bridget has offered this. 00:32:48
Multiple times me 10. 00:32:56
It's OK. 00:32:58
Like, I want you. I want, I want to see this succeed. And she believes in proper pilots. 00:32:59
And Bridget has been an awesome support, but I don't want to see another small business have to pay. 00:33:03
For proper pilots of the small business in Floyd County, I think we should be able to support them both. 00:33:08
OK. Yeah, I have no further questions. Did your fly at 37? 00:33:17
I never flew with T37, but I do realize that it is named the tweeter. The tweeter, Yeah, yeah. 00:33:22
I flew him in the Air Force. Oh, really? Yeah. I was a combat photojournalist in the Air Force for six years. OK, Yeah. 00:33:27
Yeah. So yeah, the T37, the training jet is called a tweet or tweeter. 00:33:33
Huh. OK. 00:33:38
It came. It's his birthright. 00:33:39
Probably. Yeah, yeah, yeah, yeah. 00:33:40
No, this was good. Yeah, good presentation and. 00:33:43
As so you would be looking. 00:33:46
To have office space out there immediately. 00:33:49
Like as soon as we can. 00:33:54
Yes, Sir, as soon as they're a vote, we already. 00:33:56
You know, through, through, through rigid. Yeah. 00:33:59
And through accelerating through the graduating, you're using space now, yeah. 00:34:02
Yeah, yeah. They gave us a few months of, you know, rent free space there for graduating the accelerator. 00:34:06
Yep. And yeah, we would love to be able to just make that our actual office and and headquarters and Eric and I work out of there. 00:34:12
All right. 00:34:15
Well, thank you. Thanks for the presentation. Good information. 00:34:19
Thank you. 00:34:22
And congratulations. 00:34:23
On getting all this up off the ground. 00:34:25
No pun intended, but you know that's. 00:34:27
We had enough runway to get off the ground. That's right. 00:34:29
All right, Nick, do we have any other? 00:34:33
Business items before we adjourn and go into now we. 00:34:35
We don't. 00:34:39
I would entertain them. 00:34:41
Motion to adjourn and enter into an executive session. 00:34:42
I'll make a motion to adjourn with a. 00:34:46
Three minute hiatus for. 00:34:49
I understand. 00:34:51
I'll second that motion. All right. 00:34:53
All right, Brad, do you want to hang around or can you hang around? 00:34:56
Yeah, OK. I'll just hang on. All right. Thank you. 00:35:00
Thanks, Tim. 00:35:04
And I say 9 to the. 00:35:05
Event. 00:35:07
There's a general. 00:35:16
COVID statutes. There's emergency statutes, there's some specific statutes, there's a general door law. 00:35:19
Closing questions actually. 00:35:27
Are specific ones is 1/3. 00:35:31
General Richardson. 00:35:33
Well, that specifically says the definitions of a general. 00:35:36
So we want to keep our team. 00:35:41
Yeah, they're like, hey, Redevelopment Commission. 00:35:45
And by the way, the definitions that doesn't require 50%. 00:35:49
Another provision. 00:35:54