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From YouTube: Mayor's Development Roundtable 2012 - Part 4 of 6
Description
Mayor Mick Cornett hosts the 11th Annual Mayor's Development Roundtable.
A
We
are
now
transitioning
into
the
super
panel
aspect
of
our
program
at
last.
Pam
Hefner,
if
she'll
stay
up
here,
I
also
want
to
welcome
back
the
mayor
of
Salt
Lake
City
Ralph
Becker,
along
with
Chuck
Wigan
John
sleigh,
dick
Tannenbaum
and
Judy
Hatfield,
a
round
of
applause
for
all
of
our
participants.
A
Mayor
Becker,
you,
you
alluded
a
couple
of
times
too
failed
elections
in
salt
lake
and
then
most
recently,
how
you
went
back
to
the
voters
with
kind
of
a
reconfigured
plan
and
got
the
fifty
percent
you
needed
actually
with
sixty
percent
of
the
vote,
but
specific
to
public
transit.
I.
Think
one
of
our
city's
forward-looking
ideas
is
that
you
know
we
wonder
when
people
in
this
city
will
be
willing
to
tax
themselves
for
commuter
rail
or
high-speed
rail
to
distant
places.
Those
those
types
of
aspects.
A
B
I
mentioned
that
the
the
general
manager
of
our
transit
agency
got
fired
over
putting
in
the
first
light
rail
line
with
at
right
after
it
had
failed
in
a
referendum,
and
the
key
was
getting
it
open.
You
know
it
was
a
foreign
concept
to
people
in
our
community
and
they
had
the
view
as
I
think
is
true
in
so
many
cities
that
are
outside
of
the
Northeast
in
the
very
dense
cities
that
rail
would
never
work
that
people
won't
ride
transit
but
as
soon
as
it
opened
and
people
could
see
it
and
experience
it.
B
B
If
this
is
what
you
want
in
terms
of
your
future,
it
means
this
is
the
way
we
have
to
invest
in
our
infrastructure
and
our
transportation
and
our
parks
in
our
open
space
and
people
accepted
that
the
community
leaders,
whether
their
elected
officials
or
business
officials,
it
was
a
grassroots
effort.
We
had
20,000
people
participating,
for
example.
This
was
in
the
nine
days
on
in
responding.
B
You
know
before
there
was
a
major
email
effort
and
people
respond
to
that,
and,
and
so
when
the
time
came
to
look
at
investing
in
transit,
there
was
this
value
in
the
community.
That
was,
you
know,
pretty
well
embedded
in
the
community
that
oh,
this
is
consistent
with
what
we
we've
said.
We
wanted
and
I
think
the
Chamber
of
Commerce
took
the
lead,
for
example,
on
a
referendum
election
and
said.
Look.
This
is
what
we
need
and
want
for
our
future.
So
it
was
it
sort
of
the
environmental
community
or
the
transit
advocates.
A
B
A
Dick
Tannenbaum,
you
were
a
developer,
who
didn't
wait
for
other
people
necessarily
to
go
first,
you
jumped
in
nearly
ten
years
ago
and
believed
in
this
market.
What
did
you
see
that
now
has
people
looking
back
and
saying
you
know
dick
tan
and
mom
was
right
the
time
the
time
was
the
time
to
execute.
C
Better
be
lucky
than
smart
timing
is
everything
and
maps
kicked
in
and
we
got
great
recognition
great
pride
in
our
city
and
everyone
created
a
demand
for
industrial.
We
do.
We
are
at
I-35
and
I-40.
Land
prices
were
ridiculously
low
right
on
these
major
thoroughfares,
so
we
started
buying
up
almost
900
acres
in
seven
different
developments
for
cash,
no
interest,
so
the
land
land
price
stays
the
same,
and
we
were
fortunate
enough
to
come
across
some
nice
distribution,
centers
manufacturing,
centers
and
that
kind
of
kicked
it
off
and
there
is
no
bad
part
of
town.
C
If
you
think
back
10
12
15
years
ago,
north
south
east
and
west
there's
great
development,
and
now
it's
getting
more
dense
numbers
are
going
up,
land
prices
have
gone
up,
we
still
have
some
land
inventory
and
we
have
a
lot
of
development.
That's
coming
because
of
that
but
maps,
one
maps
to
maps
two
and
a
half
maps.
Three,
that's
really!
What's
the
dynamics
and
great
timing,
you
know
you've.
C
Know
I
haven't
done
an
easy
one:
listen
they
all
have
a
lot
of
complications.
I
think
this
last
Boeing
deal
three
hundred
twenty
thousand
square
feet:
six
stories
tilt
wall,
just
all
the
dynamics,
all
of
the
different
divisions
of
bowing
they're,
very
sensitive
to
their
contracts.
You
know
with
the
government
DOD
planning
at
designing
it
funding
it
funding
was,
was
tricky
thank
God
for
stillwater
National
Bank,
Doug
Morris
and
his
group
I
get
a
half
a
point
off
the
interest
rate.
If.
D
C
I
mentioned
him,
I,
don't
know
where
he
is
remember.
You
told
me
that,
but
that's
a
monster
for
us,
40
million
dollar
deal
and
just
a
lot
of
folks
from
Boeing
realty
Boeing
planning
we
Co
tit
or
early
april
thanks
to
the
public
works
department
that
are
fantastic
or
permit,
is
not
online
yet,
but
it
sure
has
come
a
long
way.
Dennis
clower
kind
of
got
that
going
so
as
difficult
as
it
was.
It's
now
that
it's
over
with
we're
still
building
it
out,
but
we
got
CEO.
They
moved
in
the
rent
kicks
in.
A
John
I
want
to
ask
you
on
the
funding
side.
We
it's
when
you
win
you're
in
a
position
of
leadership,
you
you
understand
the
value
of
ideas,
but
then
there's
the
value
of
a
funded
idea
and
that's
extremely
powerful.
When
you
have
people
come
to
you
with
ideas,
how
do
you
help
turn
those
into
funded
ideas
and
what
are
the
parameters
you're
looking
at
well.
E
E
We've
had
success,
working
with
particular
success,
working
with
some
of
these
new
tax
credit
projects
that
Chuck
spoke
about,
and
we've
done
several
of
those
during
my
time
during
my
time
at
the
bank
and
then
in
just
also
introducing
some
other,
we
have
to
be
creative
as
well,
and
part
of
that
is
is
is
understanding
the
project,
and
you
know,
maybe
introducing
some
some
things
that
are
brought
in
some
new
ideas.
These
tax
credits
been
in
double
opportunities
for
the
developers
and
the
banks
alike,
and
getting
some
of
these
projects
done.
E
We've
also
seen
some
new
programs
introduced
through
the
SBA
that
have
allowed
us
to
do
some
small
hub,
I,
say
smaller,
but
up
to
five
million
dollars
of
project.
So
it's
just
it's
lyss.
It's
listening
to
you.
It's
listening
to
the
developer,
what
kind
of
understanding
the
needs
and
trying
to
match
their
needs
with
ours
and
coming
up
with
a
common
goal?
What.
A
E
We've
done
a
great
job
here
in
Oklahoma
City
in
the
near
downtown
area
developing
some
of
these
areas,
perhaps
not
not
the
rush
to
embrace
those
projects
that
we
would
have
liked
to
have
seen,
at
least
on
the
consumption
side
and
in
terms
of
people
buying
those
up,
but
there
have
been
some
very
successful
projects
in
their
area,
so
you
know
as
I
as
I
mentioned
area
we're
in
the
business
to
lend
money.
We
like
to
hear
about
these
projects.
A
Chuck
you've
been
involved
in
a
number
of
public-private
partnership.
Sometimes
it
seems
like
the
more
complicated
it
is,
the
more
likely
you
are
to
be
involved
at
some.
What
what?
Why
have
you
gravitated
toward
things
like
the
skirvin
hotel
and
the
new
project
that
you're
opening
up
in
near
north?
Well,.
D
The
urban
hotel
mayor
is
a
project
that
just
seemed
terribly
important
to
this
community
and-
and
I
must
say
that,
although
we
had
an
important
role
to
play
in
it,
it
was
a
it
was
the
last
role.
I
mean
all
these.
Other
things
had
been
done.
The
city
acquired
the
site,
they,
you
know,
the
developer
been
chosen,
other
all
these
arrangements
made
for
public
financing
and
Tiff's
and
so
on,
and
we
provided
the
new
markets
credits
at
the
end
in
conjunction
with
another
CDE.
D
So
but
but
these
are
there's
both
the
satisfaction
of
allowing
a
project
to
go
forward
that
that
has
a
special
importance
to
the
community
and
also
the
fact
that
these
projects
usually
don't
happen.
Unless
somebody
can
work
through
the
details
of
getting
these
components
to
come
together,
and
so
we
get
a
love,
we
get
a
charge
out
of
doing
it.
A
Judy
one
of
the
challenges
of
selling
new
housing
construction
in
Oklahoma
City
is
the
low
price
of
the
existing
housing
stock
in
the
suburbs.
As
a
person
who's
been
working
on
developing
kind
of
an
inner
city
housing
project.
How
have
you
had
to
two-way
both
on
the
the
ultimate
consumer
side,
but
also
on
trying
to
convince
the
banking
community
that
a
new
construction
housing
project
can
work
and
compete
with
all
the
existing
housing
structure?
That's
out
there
I
would.
F
Say
one
of
the
most
important
things,
so
that
was
the
housing
study
that
was
done
in
2011.
We,
you
know
we
had
one
in
2005
2007
2011,
which
really
gave
us
where
the
demand
was
and
knowing
what
that
demand
was
gave
us.
The
research
that
we
thought
was
necessary
to
say
mr.
banker
or
ms
banker.
Here's
what
we
need
to
do
and
here's
the
proof
in
the
pudding.
So
we
were
able
to
see
that
we
had
gone
from.
F
You
know
what
they've
been
in
the
past
and
we're
seeing
that
people
are
willing
to
spend
more
money
to
live
in
the
locations
that
now
we
are
regenerating
or
generating,
like
even
the
new
one,
with
the
level
or
the
edge
being
brand
new
projects
coming
out
the
ground.
So
we
have
enough
history
now
with
about
2,000
downtown
living
people,
I
think
Ford
mentioned
that
and
Kathy
also
and
we've-
we've
almost
doubled
in
the
last
five
years
in
the
number
of
people
downtown
and
have
a
huge
pin
up
demand
for
what's
coming
in
the
future.
A
Your
native
Oklahoman,
who
moved
away
but
has
been
involved
in
planning
and
development.
I
would
assume
that
when
oklahoma
city
or
the
state
of
oklahoma
is
mentioned
in
the
news
of
the
media,
you
probably
take
a
little
special
interest
in
it
illustrate
to
us.
What
is
the
perspective
of
our
city
in
our
state
to
someone
who
lives
in
austin,
texas
or
perhaps
somewhere
else
in
the
country?
Oh.
A
G
A
Dick,
what's
next,
what's
that,
what's
the
next
10
years
hold
we're
all
very
familiar
with
the
last
10
and
you've
been
a
major
player
in
several
significant
steps
forward
in
the
job
creation
side
and
development
side?
Is
it
too
late?
Is
it
too
late
for
fresh
dollars
to
come
into
Oklahoma,
City
or
they're?
Still,
there's
still
good
deals
to
be
had
out
there
going
forward
Oh.
C
Contraire,
mayor
I
think
it's
just
starting.
Obviously,
I
40
is
going
down.
You
got
a
whole
quarter.
Sure
development
that's
going
to
occur
there
make
it
more
dense.
All
of
these
wonderful
amenities
that
maps
three
is
bringing
about.
We've
kept
it
in
the
core
from
one
well
to
as
the
schools,
but
that
was
even
more
significant,
but
it's
coming
back
and
within
10
minutes
you
can
see
the
results
of
all
the
money.
That's
been
spent
both
public
and
then
all
the
private
that
followed
up.
C
In
my
opinion,
what
I'd
like
to
see
happen
is
an
inland
port
at
will.
Rogers
airport
you've
got
a
thousand
acres
mark
r
Annenberg
and
his
staff
and
Jim
couch
and
the
whole
city
group
I
mean
there's
wonderful
infrastructure.
It's
intermodal,
except
for
water.
It's
ready
to
go
I've
been
to
Alliance
at
Fort
Worth.
We
went
up
to
New
Jersey
Camden
to
see
the
Rockefeller
inland
port.
It's
great
jobs,
aerospace,
manufacturing
distribution.
It
has
to
happen,
I'm,
not
sure
what
I
what
I
have
in
mind.
C
They
might
not
agree
with,
but
you
know
I'll
take
off
my
hat
as
a
developer.
Put
it
out
there.
Let's
get
a
consortium:
let's
get.
We
just
heard
about
the
Austin
success
and
Muller
that
has
just
got
to
happen:
new
jobs,
new
construction,
it's
perfect,
and
it's
it's
away
from
downtown.
It's
a
new
area
that
can
be
developed.
You
can
have
housing,
you
can
have
retail,
but
I
think
the
inland
port
international
inland
port
I
mean
we're
not
congested.
It's
a
phenomenal
phenomenal
resource.
A
Ten
years
ago,
I
remember
asking
somebody
what's:
what's
oklahoma
city's
biggest
impediment
for
development
going
forward
and
they
said
access
to
capital.
It
just
seemed
like
when
you're
talking
about
large,
east
and
west
coast
developers,
there
were
better
places
for
them
to
invest
their
money.
Is
that
changing?
And
what
do
you
see
in
that
in
that
regard?
Yes,.
D
A
B
Transit
system
I'll
talk
a
little
bit
about
the
structure
because
it
does
make
a
difference
than
I
think
and
how
successful
it
is
and
I
don't
know
who
thought
of
it
in
the
early
70s
when
they,
when
they
put
the
system
into
state
law.
But
it's
in
it's
an
opt-in
system,
that's
statewide,
so
local
communities
at
the
county
level,
mostly
occasionally
at
the
city
level,
opt-in
with
a
local
option
sales
tax,
the
sales
tax
provides
about
sixty
percent
of
the
funding.
The
affairs
provide
about
20s
it's
higher
with
rail
than
it
is
with.
B
Buses
is
more
like
twenty
five
to
thirty
percent
with
rail,
but
and
then
the
federal
government's
about
twenty
percent
of
the
funding
we've
put
about
I
understand
with
this
big
infusion
of
development,
we're
doing
that.
We've
put
about
two
billion
dollars
since
1999
when
the
first
line
opened
into
our
rail
projects
up
and
down
the
Wasatch
Front.
B
So
it's
been
a
major
investment,
but
it's
been
over
a
long
period
of
time
and
it
started
out
with
I
think
when
we
started
the
federal
funding
portion
of
it
was
around
eighty
percent
we're
doing
some
of
these
projects.
Now,
totally
with
local
funding,
some
of
them
have
50
50,
local
and
federal.
We're.
E
For
bankers,
yeah
in
my
crystal
ball,
is
not
any
better
than
anybody
else's,
but
I
think
I.
It
would
appear.
You
know,
based
on
recent
data
I'm.
If
we
kind
of
stay
on
that
trend,
it's
interest
rates
are
going
to
be
low
for
a
while
in
talking
to
some
of
our
people
internally
that
kind
of
work
and
work
in
that
area
and
18
months
24
months,
we'll
start
seeing
some
gradual
decline,
but
the
only
thing
I
can
guarantee
is:
if
I
make
a
forecast,
it
will
be
wrong
in.