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and uh you know start some uh some of these introductions so uh welcome once again um as we uh as we continue our kentucky summit on the economic rolls of freight modes um this is our fourth session that we're about to start it's on on economic development is the topic but as we go forward just a simple reminder um you know please keep your microphones on mute when you're not speaking uh turn camera on or off um you know the speakers and everybody will be uh have their cameras on but if you uh you know if you have a question and especially for this uh session we're going to be doing uh some breakout groups um so i encourage you to turn on your camera when we go into our breakout groups um meeting chat if there's a question during uh during one of the presentations you can always enter a question into the chat box we're continually monitoring that you can always use reactions i'm not sure if anybody's actually used a reaction button yet but it's still there so i encourage you to uh you know if you need to raise your hand ask a question you know get a little smiley face or a thumbs up that's always encouraged and as always up at the top corner um where you see the view um you can uh you know change around and and find a view platform that's uh or a configuration that's most convenient to you so without any further ado start our presentation on economic development with riverports um today uh we're we're privileged to be uh have on the agenda christina slattery and kevin johns christina is executive director of the office in business community services there with the cabinet for economic development within kentucky um she will be discussing the uh the first half of the uh of the session she'll be running through some of the existing um initiatives and some of the items that kentucky is currently doing and then we'll go to kevin johns he's economic development specialist here with metro analytics an author a music aficionado and a former director of uh economic development for austin texas um once we go through those two presentations we'll be doing a short breakout session after the two presentations i'll go through and preface the three questions and then uh we'll break you guys out into session into groups give you about 16 minutes and pull you back in and discuss some of the items that we uh you know we we talked about within the within the different groups um each group will have a uh an assigned moderator and an assigned notetaker so you won't be there just left your own devices you know we will uh we'll orchestrate this whole thing and you should be um zoom technology with standing um you should be able to you'll be pushed into your groups and then after 16 minutes you'll be pulled back in so uh without any further ado uh i'll turn it over to christina uh christina i'll stop sharing so you can start sharing okay your presentation [Music] there we go okay you guys see and hear that okay and dave have about 15 minutes is that accurate that is accurate thank you very much uh all right well thank you all so much for asking me to participate today um david and i had a a great brainstorming session last week to talk about what could be helpful um and so really i'm taking it at a very high level to talk about our cabinet here in kentucky for economic development you know what we do our successes and challenges and um you know i really do look forward to hearing your feedback in the in the breakout session so i'm going to start by just introducing our team normally we'd be all out in the state and hopefully meeting with everyone um but you know as you all know this is this is the world that we're in so our cabinet you know it's a state agency we are the smallest state agency located in uh frankfurt we have 66 employees led by cabinet secretary larry hayes and the business development department that i'm a part of is led by our commissioner jeff taylor so long time western kentuckian spent a lot of time with um tva and doing some private consulting before he started with the cabinet um under the the bashir administration i am our executive director of business and community services so really i lead a team of project managers who support companies in kentucky that are already here and are growing and you know there's an aspect of our business which is recruiting new industry to kentucky so we do a little bit of both um really the primary metrics for us are attracting new investment jobs and announcements to the state of kentucky and we'll talk about where we stand on that um here in just a few minutes but that's my role is supporting those companies and the communities of kentucky we represent all 120 counties and we want to work with communities to to be ready for new investment within their city or their county to talk a little bit about the structure of how the project management team works so we have the state divided in these local workforce areas so we have used those to divvy out how our team you know covers the state we have corky peak that if you're in western kentucky you know porky i'm sure that covers the western side of the state has been with the cabinet a long time and directs our efforts there um we have three ladies actually that cover the northern kentucky and bluegrass region because of a lot of the activity there annie franklin brittany cox and elizabeth bishop kentuckiana works in lincoln trail region uh martin david jacobs and andy leutner and then our eastern kentucky region is covered by brooklyn leak and becca burton so we've got um our team that that not only you know is regionally focused but is focused on certain target markets so for example um one of our project managers is a food and beverage specialist she works really closely with the governor's office of ag policy with kda and other agencies to really be an expert in that field other target markets for us are agritech healthcare automotive aerospace metals chemicals and then high-tech projects so i will say this is our structure but for us this is a relationship business and um you know real really we let the relationship guide who's going to work the project so if a project manager has a particular relationship with a community or a company or a consultant um then that's how we approach that you know i should also mention that we've got a office in tokyo and in hamburg germany so we do have an international presence as well and that um you know that initiative is led by craig mckinney who is based out of kentucky so um you know if you ever have a need for support you know in europe or in japan we've got uh staff members there that are boots on the ground telling everyone about kentucky so i believe that last year 35 to 40 percent of our of our new announcements were from foreign direct investment projects so this is just a really critical part of what we do another part of our research team or of our business development team is the research aspect so christopher snyder is i believe on the line with us today but is the director of our research department and has a team of very talented analyst that focus we've got a staff economist we've got some workforce expertise and some database expertise among that team really any task that you give them they've got great tools and and curious minds to be able to um you know to really help us understand what's driving our business um you know we we are here to help with reactive type requests so if you need workforce data or you've got a question about a certain industry this team can handle that but what christopher has really done is moved them into a moved us into a more proactive approach where i'll talk about in a little bit we're doing more targeted marketing and lead generation through our research efforts so i just wanted to take a minute to talk about 2020 and and what our team has been focused on this year um we have a young young team of project managers and and really that's by way of um career and just an age we have a younger group that i think our our most tenured project manager outside of corky in western kentucky is two and a half years with the cabinet so we've spent a lot of time doing training and development this this year um a lot of community visits obviously all of this virtually in training on finance and utilities and the like every monday we have a meeting with a community or a partner organization so that could be a utility that could be city of or county officials local economic development agencies some of some of which are probably on here today so we've just um as you all probably are too are trying to stay in touch since we can't be out and about in the state visiting we we've tried to focus on on transitioning that virtually even though our you know we can't do our plant visits and and tours we're trying to make sure we're still available to support existing industry and convert that to a virtual platform as well as i'll talk about later in existing industry are are really the biggest drivers in kentucky for our economic development economic development growth we track where our leads come from and local partners like many of you on this call economic developers uh and our our company contacts are our number one and two lead source so because of the relationships that you all have developed locally that's often time where these projects that we work are are coming from so as i mentioned we do have a target market strategy and our we've spent a lot of time this year having our project managers really develop that expertise and and if you haven't seen our targeted market presentations or webinars they are posted on the cabinet's website we have done one already on healthcare automotive medals we've done an international foreign direct presentation and then coming up in january will be one on transportation and logistics so those are about 30 to 45 minutes long and we would invite you to to view those that have that have already aired and upcoming and then we've we've done things like you know many of you probably saw tesla very publicly looking for a new home for a manufacturing facility you know we don't make that very public but we do go after those types of opportunities we develop a we developed a targeted web page just for tesla that was password protected to sell kentucky and and that that type of of uh recruitment can be duplicated for other projects oems and companies and we've done that multiple times so we've got a lot of really great resources within within the cabinet and a strong team so let me talk a little bit about our metrics and where we are year to date so as i mentioned our primary mission is attracting new investment to kentucky and we have been able to announce 2.16 billion dollars in planned and ongoing investment thus far this year that is over 6 000 new jobs that will be created these are not part-time or temp positions these are full-time kentucky resident positions and then 145 unique projects so unique announcements so one company could have multiple projects but that's 145 thus far this year [Music] i've received a lot of questions about really where we are year to date um compared to last year just considering what all has occurred in 2020 so we ran some numbers and this is i just looked at january to november of this year compared to last year of where we were at the same time and it was interesting to see that on the announcement standpoint we already are almost where we were this time last year so by number of projects and activity um there's been a good deal and we'll talk about some of the the opportunities that have emerged during the pandemic pandemic here shortly but a good number of announcements it's you'll see here that on the jobs and investment front we are trailing behind where we were last year and that's to be expected but quite honestly it's it's not as you know devastating as as you may imagine we've still had a lot of success so this is a break out of by region where some of the announcements have been so you know typically you're you're you can probably imagine a lot of announcements here in the northern kentucky area and around louisville lexington bowling green it's had a lot of great activity in western kentucky some in in northeastern kentucky so areas of the state that you would imagine have had announcements but we are proud to say that we've we've seen activity in all regions of the state thus far one thing that i'd like to highlight and this is really a product of the research team that i discussed earlier is this new and expanding industry dashboard this is embedded within our website and happy to share how to how to get there but um you know we really value transparency as an administration and you know across state government and if you ever are curious as to what announcements look like in the state or in your region we update this dashboard monthly and you can you can pull this based on a month a year i believe it goes back to 2013. you can look by county if you wanted to know for example how many japanese projects were announced in western kentucky in 2017 this could be customized to build that report for you and can be exported in um in a in an image or i believe in an excel document so we just wanted to highlight uh that this information is out there if you're ever looking for current statistics so announcements by industry these really are reflective of what our target industries are in kentucky um leading the way this year manufacturing is is is always king in kentucky you know we've got over a billion dollars an announcement just in manufacturing alone a lot of opportunities this year with food and beverage i think covetous has definitely highlighted some of the gaps in the supply chain there so distribution food and beverage have been hot along with chemicals and in metals so i'll take a few minutes many of you are familiar with this process already but if you're not to talk about what our process is like sometimes there's there's mystery around you know where do leads come from and how do you work them and how does you know how does a project end up announcing in meade county or or wherever it may be so i wanted to just take a second to talk through that um the expansion process so a lot of times this starts with a lead many times those leads pre-covered where were through facility visits so our project manager that covers a certain county spends a day in the county visiting with different companies alongside the local economic development agencies and through those conversations and visits learned that there's an opportunity for growth at that facility that turns into a lean so a company may say well you know i've i've taken on additional customers i need to you know i need to add additional lines or i need to hire additional support to to support that customer that allows us to enter some sort of a due diligence phase where we kind of vet out that lead negotiate what needs to happen to get the deal done and then you know at the end make an announcement of some sort so very similar um through the attraction process so i'm seeing that my time is our is running very short so i'm going to kind of roll through here some of the resources that we have that in ways that we can help so number one we can help you sell kentucky um transportation and logistics and where we're located are a huge part of what we're we're telling companies about that you can be um you know anywhere within a day's drive of two-thirds of the u.s population you all know those statistics well so um we we can help tell that story um we really like to highlight that we have um you know globally connected through airports through air cargo rail and our navigable waterways so this is a major part of why kentucky is getting looks is really just how we're connected incentives on our website you can find this document incentives at a glance and um i'm happy to answer any questions our incentives um don't generally apply to communities they're for companies that are expanding adding jobs investing into their facilities and they're oftentimes in the form of some version of a tax credit [Music] and i will go through those transparency again i'll just hit on it again any if you want to know how much a company received in tax incentives or when or how much they recovered that is all available on our website at any point for for you to see these are public tax dollars so it's out there for you the cabinet does have a build ready program so a big part of the site selection process is finding where you're going to locate so you need so many acres with this with a certain utilities already provided it may need rail it may need river the build ready program allows for a community to identify a site in their community that is pad ready that has all the proper zoning that has resolved environmental issues so that when a company comes to look uh that there's a there's already a place identified that makes sense and is ready to build we have a zoom prospector database of all sites and buildings in kentucky so this is where we start the local communities manage these sites and buildings databases so if you have sites or buildings in your community that aren't on zoom prospector they're likely not on our radar for selling you know to potential customers so it did want to highlight that service and a variety of workforce services for hiring recruitment and training both through just support and through incentives and then a small business focus within our cabinet as well so i will um david i guess i'll just wrap it up i don't want to run you all too late maybe we can get more into the breakout sessions no that is great um thank you very much uh we will um i guess we can we'll go ahead and transition um you can i'll let kevin start to share but christina there was one question that came in during your presentation can you can you help connect industries to create opportunities uh like having truck rail and shipping work together for a mutual benefit um so if i understand the question correctly we do a lot of the a lot of times what we are doing is just connecting um you know our team is not the expert in maybe any one thing we know a little bit about a lot of different topics so we do often connect companies together that we think would be great partners and would work together and could use each other's products or services we work very closely with the transportation cabinet energy and environment if we feel like there's an opportunity for other expertise to get brought in you know our goal is to make the company more profitable and successful in kentucky and um the value that that these different partners add can can really do that so i i hope that answers the question i think so and you know i think to kind of relate especially the last part of your presentation christina um some of the stuff that we're doing within the the river ports project to kind of help identify some of those locations the purpose of you know a session like this to talk about some of those incentives and something that's going to be beneficial to the uh the river reports in the in the community at large so so yeah i think that all ties together so thank you very much christina i'm gonna turn it over to kevin now and kevin can uh he's going to run through just some of uh you know building on what christina just talked about but uh talking about basically some of the questions you know kind of phrasing it around some of the questions that we're going to have in the breakout sessions um but you know moving forward and thinking about some opportunities and some outcomes that we can have from um specifically from this study but at large as well um around economic development and some ideas and concepts so i'll turn it over to you kevin yeah that's that's right thank you david and uh christina that was a brilliant presentation thank you it's it's so good to see you stay doing so many great things and you all are really very comprehensive and doing a great job um i i think that uh like you i would like to talk a little bit uh from the high level economics and then trying to address in this present short presentation just some ideas that uh the state might consider to give a tune-up in light of the post-covered uh future that we face um i think everybody knows a little bit more about their own community but i think uh in 2020 kentucky is going to be faced with at least a 240 million dollar almost a quarter of a billion dollar deficit in taxes and um two years ago i think the kentucky the level of poverty was 700 000 people so when you look at a whole inland port system and an opportunity to ramp that up into a prosperity engine for the state it it you know allows you to kind of look and begin to imagine uh at this point in time how you can use it not only to run better as a port system but also uh how it can be used to um to improve the the host communities the communities that the ports sit in and one of the presentations earlier talked about the hinterlands but having been the director of economic development for cities and counties i know how important the ports are and how important it is to have a series of partnerships and strategies to grow more resources with the ports because you can then provide new revenue streams for the growth that is mutually beneficial so i'm going to quickly share the screen i think is that what i'm going to do david and we'll see uh which is the presentation i'm gonna try this again i didn't show up in the presentation department here there we go just a minute please christina while you were talking on down briefly in uh in atlanta yeah yeah i had some kind of situation happen here i don't know what the the problem is but um okay so i'm gonna see if see if you can does this does this show up can you all see this yet not yet not yet all right let me do you want me to go ahead and share it please yeah just let me save us a little time okay you can just tell me when to advance yeah david's a great quarterback too so or a point guard in the case of uh those of us from kentucky and yeah well i'm no good at basketball so that's probably a bad analogy uh well let's just say that you can quarterback all right um i i think again at the higher level um much in the way that um we're looking at how to strengthen the kentucky river port because strength in kentucky with the riverport economy i wanted to look at three things uh different kinds of public-private partnerships um maybe uh some tweaks to incentives that um we used in austin texas that were uh very effective in terms of software and then some strategies but the goal would be to take a a fresh look at um what potential new revenue streams uh could be tapped in light of the the economy that we're gonna face this next year uh stronger return on investment that is measure the performance measure it differently though not just jobs and taxes but also in terms of the elimination of poverty the increasing family disposable income the amount of new taxes generated by the governments themselves but take a fresh look at a more holistic approach and i think equitable economic development is going to be very important for for the ports for kentucky for for the country and you'll see that in all of the infrastructure and funding mechanisms that are going to be coming out of washington uh we're going to be talking about equitable economic development i think that's very important to plug into any new concepts and then of course to strengthen the river port system in the economy going to have to take a fresh look at how to be stronger in recruitment and new capital human capital people always talk about the importance of increasing the real estate values and attracting the tax base um which we i i realize is very important but companies are attracted to human capital as well and that reverse brain drain is a way to strengthen kentucky's economy around the ports so go ahead david i'll try and go a little faster now this is my favorite albert einstein quote you can't solve a problem on the same level that it was created you have to rise above it to the next level i think that you've got an incredible port system you've got a great kentucky cabinet economic and transportation and so how do you how do you make that go to the next level even though it's doing great now next slide please so in terms of future proofing the economy uh the first question there's three questions that are kind of on the table the first is how can you better coordinate with the river ports from the state level and one best practice might be to use televised and social media forums much like we're doing here today but direct it to the general public that would be to raise people's awareness of the great things that are going on but also involve them in the decision-making that is certainly to come down the pike fairly soon and lastly to persuade investors to participate financially i think it's very important that when everybody is all on the same page companies are much more likely to expand and to be attracted to communities i think it's important to look at increasing the size of matching state grants and performance measures for the port modernization especially in light of the life cycle of so many of the pieces of infrastructure at the same time partnerships with the cities and counties with community improvement districts tax incremental finance districts public improvement districts and the like as well as attracting private sector um will make it possible to increase the state grants but also get more from them the third uh kind of an idea is uh based upon the the programs that christina talked about maybe begin to offer a portfolio of technology and small business innovations to the communities and to the ports in which they where they they sit whether whether it's sensor technology or it's communication technology uh whether it's entrepreneurship training um but um to be a more um aggressive outreach program in the communities themselves focused on technology the fourth area is i think it's critically important that when you have an economic engine like this port system that you take a fresh look at connecting education to the economy and i think you can do that in a number of ways but you see certain places like germany israel singapore every year they get the business community together around certain sectors and they meet with the education folks and they build a curriculum to create career paths for the 100 000 and up so workforce uh is uh i think very very important take a fresh look at uh how that works and what how it could be tuned up with the business community rather than wait for people to be adults and retrain them the last item in terms of how to better coordinate with river ports perhaps is to advance partnership with the department of agriculture county agents now this is just an idea and it's some from experience that i've had working with rural communities but the department of agriculture county agents are usually the go-to people in a lot of the rural communities and so i think this offers the potential for um ced to have more boots on the ground go ahead david so um new revenue stream strategies um if you if you capitalize on new revenue stream strategies you get new business you get more revitalization human capital you have a a global effectiveness that i that kentucky wants that kentucky really should have uh it's um got a great track record so far i think is 800 million dollars worth of development of 5 000 jobs already this year so uh but how do you build on that how do you accelerate it well one idea is if you want to rapidly accelerate the investment of infrastructure then i think it is um a good idea to begin to look outside the government resources kentucky is very dependent on federal dollars one of them i think one of the top states in the in the country that is dependent upon federal dollars but i think this is a good time to invite private infrastructure companies to future forums and to begin to get them involved to find out how you can use their money other people's money how you can back stop it so that um your investment with them is safe but that that accelerates the revitalization of the ports the modernization ports the next is new revenue streams increasing the recruitment effectiveness to revitalize local tax bases and the industrial parks and you want to attract federal funds uh and to do that you're going to have to increase your share of everybody in the united states all all of the places all of the states are going to be after the new infrastructure dollars because there'll be a scarcity of that um how do you do that well one way is to um have a vision that is compelling that has two parts too one is that it's a way to generate new revenue as a base as a basis for uh leveraging new matching resources to the federal dollars instead of just traditional matching tax dollars look at um incentives fresh incentives with port user partners that is the companies that work with the part with the uh ports to have them tutor children in poverty as long as they have contracts or working with the um the ports tutor them in high paying careers also reduces long-term government expenses in the heavily funded police courts police public health housing and social service delivery sectors so the governments if they have reduced demand for these services have more money to spend more money to put into matching resources so it's a it's an it's an idea that has multiple benefits but not too many communities have looked at eliminating youth poverty as a mechanism for reducing government expenses and creating new revenue streams but in fact it's a very very strong one and last based upon the the success kentucky is having in its leadership in one of the case studies at the end of this powerpoint there's a case study on the on the top um economic strategies in the southeastern united states and kentucky is rated very highly but um i suggest that kentucky consider a multi-state port network to get more federal dollars you have to show that you're doing something that no one else is doing or at least that you're very competitive and the st lawrence seaway like partnership comes to mind because a lot of the ohio river and mississippi river projects otherwise are going to be competitive with each other but if everybody's pulling together much like was done between the united states canada and all of the uh states that were along the border it resulted in 50 000 jobs being created and six or seven billion dollars of investment being specifically directed to uh that area and i think there's some type of a vision for creating a a port system that is both kentucky based but also includes the surrounding states might have some value david we'll go to the next one uh so uh incentives i talked probably more than i needed to about incentives i think that i'll just quickly go through that my experience here is doing 22 incentives for companies in texas and we had a 239 percent return on investment and um all of the companies were approved and it included apple facebook uh samsung visa merck uh athena health uh a lot of high tech companies but also manufacturing companies which is the bread and butter uh for kentucky i would say that um the incentive system that is in place in kentucky is a good one but i would add that you might want to look at the return on investment software like a loca or envision tomorrow which tells you when you have a break-even point it tells you what is the platform for how much money you're investing what is your return on investment in taxes that is very important to eliminate the economic blind side of projects also it's very important in the next item which is transparency you don't want to be criticized constantly for giving incentives when in fact they're they're generating uh what you want to get out of them so using the software also allows you to be very transparent and show not only how much money you're giving but how much money is uh being returned to the tax base how many jobs are being created what the kind of jobs there are all of the things that you would want to share with the community and be proud of the equitable economic development i think does have to do with if you're going to modify incentives right now the incentives are pretty traditional and they work well but i would add a concept of um incentivizing companies in the port communities and in the in the contracting to give them bonus points if they would incentivize if they would tutor the children in pover y for high-paying jobs while they have their contract usually 10-year contracts and again the roi for that is very very important and i can vouch for the fact that companies when they know you're doing this and you're creating einstein projects and you're creating human capital and a fresh look at workforce they are attracted to that companies want to go where their they have good labor force and as we know with automation in states like kentucky which are manufacturing based you have to diversify the economy leveraging private investment into the port import hinderland regeneration again that goes back to inviting in the global infrastructure financing companies i think it's important to reach out to the private sector as much as possible now because as the u.s economy begins to look at infrastructure banks and more private sector investment because they don't have scarce public resources it'd be good for kentucky to get ahead of the game there and lastly leveraging public funded infrastructure contracts in fact with potentially trillions of dollars of federal infrastructure dollars to be released to competitively rebuild ports i think it's very very important in fact almost it would be irresponsible not to but to leverage the infrastructure contracts whether it's for the construction companies themselves but it's also for the engineering and the architectural landscaping and the financing and get all of those contracts to produce more for the for the communities in which they're in so it's not just port building it's community building uh david i'm trying to speak like i'm from new york and move fast but um again this is the uh the important question for the metrics how do you measure performance in kentucky's doing a great job with business income jobs created here's a quote on kentucky announced 9 billion in corporate expansions and new location projects 2017 and a commitment for 17 000 jobs this year is another 5 000 jobs so there's a lot that good that's happening but if you were going to tweak it and you were going to show return on investment next year i would look at the number of persons lifted out of poverty i would look at increased family disposable income i would look at equitable economic development and the roi that the benefits to the cities and counties that are paying for all the services to support people in poverty if the people in poverty if the number goes down 25 percent there's a lot more money taxes can be lowered uh and measure the taxes generated to local governments uh from the port expansions and modernizations to find direct fits for those and lastly just the city planner in me wants to measure happiness and i think it's very important that uh citizen satisfaction be a part of the this river port system knowing that they're a part of something that's special david i think there may be uh one or two more that i can fly by these are some case studies on the things that we've just discussed brooking institute did a study on four [Music] four different cities uh big cities using incentives and this is their take on it it also shows you the best practices within that and some highlights that are pretty interesting the second the national league of cities um is on how equitable economic development uh how that works with black lives matter with the kind of things we're facing within equities i think it's important that the port system really get ahead of the game on this just as i know the state economic development has already done that the state has got a great incentive program and a great program for small businesses this is the six states with the best ones and maybe an idea kernel of ideas in there and the last one is the top 10 rankings on incentives where kentucky shows up by the way and then um if you have any questions the next slide is just contact information and thank you very much perfect thank you kevin all right so with our time remaining we're going to come through and and you'll see how uh how relevant kevin's uh conversation was to exactly what we're going to do next um we're going to come into our breakout sessions so here's your two minute warning here haley um so a really quick overview of the breakout sessions uh we're gonna break into a number of different groups we're gonna cut it a little bit shorter just because of the uh the time and we want to come back together but i within each group team members going to be able to you know take notes and kind of moderate this uh this process you don't have to do anything you'll be dispersed into your groups and then you'll have a one-minute timer and pulled back in so physically you guys shouldn't have to do anything you'll be you know again separated into a number of different groups but once you get into your groups you'll be able to see uh the questions that we have in front of you here you know how can uh economic development better coordinate with real reports what are those opportunities some of the incentive programs that could be added or modified and some of those metrics used in kentucky you know how they help identify performance so directly some of the items that kevin just went through uh so we you know christina provided where you know what kentucky does now and and a backdrop of what is being done kevin uh presented some ideas and some some thoughts across um uh across the industry so uh i will now ask haley just to break everyone out and i encourage you guys just to be uh interactive with the uh with the breakout sessions and again we will pull you guys back in at four o'clock thanks okay you okay you you you you you you all right thank you everybody um bill uh bill where'd bill go bills over on this one uh bill yeah bill king's early uh apologize that uh you got cut off during that that that comment i will circle back to you um here in a minute but we just wanted to take a moment with the uh with the remainder of our time and just um allow it some of the note takers and and moderators from the from the various sessions just to kind of uh chime in maybe on on one key item that you heard uh that could be of uh that's of interest or a benefit to the group so um i'll just take one from um uh actually from our second question uh the incentive programs how could be added or modified to benefit to develop uh benefit development uh one of the one of the comments was just how it's calculated um you know just kind of that calculation process was was of interest just a little bit of transparency and underneath understanding a better understanding of how some of those some of the calculations are done so i'll go around um i mean i gotta expand my thing okay jimmy i just saw your hand fly up so jimmy yeah just in in the presence of time i have one that was really good um one of our members has actually worked both for a core authority and for the economic development side of things so it was a it was an interesting comment that the the business retention and expansion programs uh like meeting with companies and generating great opportunities um for for businesses to be introduced to the ports um so as um from his perspective it when he was on the economic development side he did not have um a deep or clear understanding of all of the opportunities in freight and product movement or in sourcing those products with customers and he thought that a potential solution and this was after discussions uh would be you know an educational element where the ports can provide a little bit more understanding of what they do and what they can provide and uh where the economic development folks can be brought in for a deeper understanding to help them resource their uh products so i thought it was a very good discussion it was a little deeper than that but in the essence of time that was generally what we got out of it nice um let's see who else we got uh frank did you have one sure um we had a couple at uh kevin you'll be happy that we were talking about the pathway for careers and recognizing that how do you get skilled workers into the economy and that um where is the opportunities and in riverports to do that and we also talked about the opportunities for trucks and train and river ports to be more cooperative rather than competitive and the example came up of you know there are um homeless people living outside of a stadium that are starving but that during the game there's a lot of extra food left over it's not that we don't have the food we just can't get it to the people who need it so there there's a quick summary um from our session great um let's see i think tony was in my session oh tony was yours all right yeah i apologize um see i'm trying to get back to my list um anybody else want to offer one up real quick we almost got into our second question but um one thing i was gonna mention was talking um about that um what are some of the key um things that could be could be modified and i really um grabbed onto what kevin johns said about implementing some programs in the local counties in cities around port facilities to mentor the next generation of workforce even at the high school level those that aren't deciding to go to college preparing them for high-paying jobs at port facilities is a very good opportunity um and we've done a program like that we've implemented in another state that it was very successful in uh working with the department of education and business development um and so i think that's a great idea and i think that is uh you know a a low-hanging fruit that could be implemented in in helping uh impoverished children or even just people that are very interested in working in um in a blue-collar environment that's a high-paying blue-collar environment nice um i want to jump around i think lindsay kevin were you guys in a group the first question but we got a lot of good feedback um the main topic was river ports need help dealing with regionalism and what does that look like is it marketing and coordinating with nearby kentucky river ports or is it a multi-state effort do we co-market just to help dealing with that because um we pointed out that there are four ports closely spaced together in western kentucky so that is something that they are dealing with awesome thanks lindsay um so i'm not sure did i get all the groups at least some kind of chime in am i missing anybody asked tom or dave who were in the group with me uh david this kevin asked either tom or or or dave had some good ideas one yeah klaus yeah yeah tom yeah so david's suggestion was uh to develop and distribute clear easy to understand visual dashboards that capture the value and the volume of port activity you felt like that would be a good uh be beneficial to the for the ports that's interesting so it's almost and i'm sure everybody here was at the last session that we were talking about where you're coming through the market data and some of the stuff from trans search and everything so that's interesting because it kind of plays right into uh what we're what we're doing with the transfers data and cutting and talking about the value and the commodity tonnage um you know and and looking at some of that so that's interesting okay no thank you tom let me just add two cents to that i think we're also looking at the value uh not just in um what goes through the port but also the value to the community in which it sits okay and so you know in one way it's kind of like an electronic marketplace for everything that the port does or impacts uh because becomes a positive influence it becomes a brand uh for the communities in which they sit that this is part of their prosperity so the value uh was not just limited to the um to the to the cargo they're incredibly important but that it they looked at a little differently i believe that's what david's intention was yeah let me just quickly add on to that that what i was looking at is also just look at say for the commodities moving through not just the value of the commodities themselves but how much uh additional value the farmer or the miner was able to receive for that commodity by moving it by vessel or by barge as opposed to moving by rail or truck because again the cost of transportation factoring into how much a product is worth to the to the shippers is going to be key very interesting thank you and again just real quick on that visual dashboard um the key thing is so much of the decision making for how much uh public investment goes to ports is made by people who are not technical not necessarily you know economic development experts so having something that's very easy to understand and intuitive can really make a big difference there in terms of not having to explain uh the intricacies so suddenly it's again very intuitive that's all thank you in one pager that uh that national waterways foundation does for a lot of the state members um a pretty cool economic tool and and also show some of those um those features that it's a little dated but something like that would be helpful i think like a profile as we as we start to develop things more perfect yeah so you'll see you'll see an example of that if you haven't seen it before in tomorrow's funding presentation by deb calhoun she has the kentucky one in her presentation but there's one for a lot of the surrounding states as well a solid segue well done james um so with that note i will uh thank everyone for their uh involvement and uh thank you to kevin and christina for presenting very informative good information as always we'll be summarizing a lot of this information and it will be available um you know kind of the synthesized uh results from this will be available on the uh in the memo at the at the end and i'm available on the project website i see uh haley through the project website out there so if there are any questions feel free to reach out to um you know my contact information is out there on the website so you can reach out and you know contact me or shoot me any questions or what have you so but in the interest of time to make sure we don't get cut off by zoom i will go ahead and finalize this meeting and uh again thank you everyone for your participation uh i i greatly uh i appreciate everybody's input and i hope you have a great day and we will see you tomorrow first thing in the morning with uh with with jimmy and that funding conversation so okay see you tomorrow thank you all have a good night thanks