:

FINANCE

COMMITTEE AGENDA

Wednesday June 21, 2017	Tape No.________________________
9:00 AM
Council Chambers 1^st Floor, City Hall	Carol Owens, Chief of Legislative Services
Anna Lopez Brosche, Chair	Legislative Assistant: Crystal Shemwell
Matt Schellenberg, Vice Chair	Auditor: Kyle Billy
Greg Anderson	Chief of Research: Jeff Clements
Aaron Bowman	Deputy General Counsel: Peggy Sidman
Katrina Brown	Administration: Allison Korman Shelton
Bill Gulliford	Asst. Council Auditor: Kim Taylor
Sam Newby

Regular Committee Meeting Special Committee Meeting

Convened: Convened:

Adjourned: Adjourned:

***Special Committee on Finance matter to proceed after Finance Committee meeting! ***

Special Committee meeting topic: Police and Fire Pension Fund administration

If a person decides to appeal any decision made by the Council with respect to any matter considered at such meeting, such person will need a record of the proceedings, and for such purpose, such person may need to ensure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based.

The Committee shall consider financial matters, including appropriations; budgets; budgetary transfers; taxes; fees; franchises; bonds; fiscal and investment policies; economic development investment incentives and related contracts, agreements and appropriations; licensing; personnel; pensions; leases; Administration and Finance Department; Procurement Department; Office of Economic Development; JEA financial issues; auditing; performance measurement and benchmarking; audits of the City and Independent Agencies; selection and retention of the auditor to perform the annual independent audit required by Section 5.11, Jacksonville Charter; TRUE Commission reports; international trade and all related

Attendance:

Council Auditor Kyle Billy to discuss Report:

#797: Audit of Property Appraiser’s Office – Portability Calculation

NOTE: The next regular meeting will be held July 19, 2017.

Item/File No.	Title/History
DEFER At request of CVP Crescimbeni 1. 2016-676	ORD-MC re Prohibition of Apv, Grant, or Issuance of Certain Licenses, Permits, Certificates or Zoning Actions to Persons with Unpaid Civil Penalties or Current Violations of the Ord Code; Amend Chapt 307 (Historic Preservation & Protection), Sec 307.111 (Enforcemt; Civil Remedies); & Chapt 320 (Gen Provisions), Sec 320.402 (Appl for Permit) & Chapt 518 (Jax Propty Safety & Mgmt Code), Sec 518.103 (Applicability); & Chapt 609 (Code Enforcemt Citations), adding Sec 609.110 (Prohibition of Admin Action); & Chapt 650 Comp Plan for Future Dev), Sec 650.402 (Initiation of Proposal); & Chapt 654 (Code of Subdiv Regs), Sec 654.105 (Applicability); & Chapt 656 (Zoning Code), Sec 656.109 (Admin & Enforcemt; Interpretation of Zoning Code; Admin Deviations) & Sec 656.111 (Violations & Penalties); & Chapt 780 (Propty Tax), Part 3 (Tax Exemption for Rehab & Proptys in Historic Dists), Sec 780.305 (Application). (Grandin) (Introduced by VP Crescimbeni) LUZ PH Pursuant to Sec 656.123, Ord Code - 11/15/16, 12/6/16, 1/4/17,1/18/17, 2/7/17, 2/22/17, 3/7/17, 3/21/17, 4/4/17, 4/18/17, 5/2/17, 5/16/17, 6/6/17, 6/20/17 Public Hearing Pursuant to Chapt 166.041(3)(c)(2), F.S. & CR 3.601 - 11/22/16
	1. 10/11/2016 CO Introduced: NCIS,PHS,LUZ,F
	10/17/2016 NCIS Read 2nd & Rerefer
	10/18/2016 LUZ Read 2nd & Rerefer; 10/18/2016 PHS Read 2nd & Rerefer
	10/19/2016 F Read 2nd & Rerefer
	2. 10/25/2016 CO Read 2nd & Rereferred; NCIS, PHS, LUZ, F
	3. 11/22/2016 CO PH Only
	Bill Summary NCIS: Defer PHS: Defer
DEFER At request of the Administration 2. 2017-20	ORD Auth the Compensation & Benefits Div of the Employee Svcs Dept to Offer the Option to Enroll in the UF Health Plan to City Employees or Retirees Covered under the City's Group Health Plan on 3/31/17, any New City Employees first Eligible to Participate in the City's Employee Benefit Progs On or After 4/1/17, & any Retirees covered under any City Group Health Plan who Retire On or After 4/1/17; Auth Mayor to Negotiate, Execute & Deliver a 3rd Party Admin Svcs Contract with Integra Administrative Group, Inc to Administer the UF Health Plan; Invoking the Exemption in 126.107(g), Ord Code; Waiving Sec 116.1406(a) (Procuremt of Plan Administrator), Ord Code, to allow City to Enter into a 3rd Party Admin Svcs Contract with Integra; Designate Oversight by the Compensation & Benefits Div; Request 1-Cycle Emerg Apv. (Hodges) (Req of Mayor) (Co-Sponsored by CM's Schellenberg, Gulliford & Crescimbeni) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 1/24/17
	1. 1/10/2017 CO Introduced: PHS,R,F
	1/18/2017 R Read 2nd & Rerefer; 1/18/2017 PHS Read 2nd & Rerefer
	1/19/2017 F Read 2nd & Rerefer
	2. 1/24/2017 CO PH Read 2nd & Rereferred; PHS, R, F
	Bill Summary PHS: Defer R: Defer
DEFER At the request of the Applicant 3. 2017-323	ORD Auth 2nd Amend to Dev Agreemt with Baptist Health Properties, Inc as Transferee of Dev Agreemt #31990 bet City & Liberty Development Florida, LLC, that incorporates all Terms & Conditions of Dev Agreemt as 1st Amended in 2009 with Exception of Changing the Party Name & Extend Term to 6/22/22 for Proj formerly known as "Plaza North", 106.7 Acres for 250 Single Family Dwelling Units, 200,000 Enclosed Sq Ft of Shopping Ctr use, 20,000 Sq Ft of Gen Ofc Space, 8,000 Enclosed Sq Ft of Restaurant Use & 2,500 Enclosed Sq Ft of Svc Station use with 12 Fueling Positions on N/S of Dunn Ave bet I-295 & Wingate Dr N. (Dist 7-Gaffney) (Grandin) (LUZ) LUZ PH - 6/20/17 Public Hearing Pursuant to Sec 163.3225, F.S. & 655.205, Ord Code & CR 3.601 - 6/13/17, 6/27/17
	1. 4/25/2017 CO Introduced: LUZ,TEU,F
	5/1/2017 TEU Read 2nd & Rerefer
	5/2/2017 LUZ Read 2nd & Rerefer
	5/3/2017 F Read 2nd & Rerefer
	2. 5/9/2017 CO Read 2nd & Rereferred; LUZ,TEU,F
	3. 6/13/2017 CO PH Contd 6/27/17
	Bill Summary TEU: Defer
DEFER At the request of CM Becton 4. 2017-348	ORD-MC Amend Sec 106.108 (Future Pension Benefits & Pension Funding), Chapt 106 (Budget & Acctg Code), Ord Code, to add New Subsec (D) to add a Budgetary Requiremt for an Addnl Pension Reduction Pymt. (Sidman) (Introduced by CM Becton) (SCPAC Apv) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 5/23/17
	1. 5/9/2017 CO Introduced: F, R (per C/P added on 6/13/17)
	5/17/2017 F Read 2nd & Rerefer
	2. 5/23/2017 CO PH Read 2nd & Rereferred; F
	6/7/2017 F Approve 1-4 (K.Brown, Gulliford, Bowman, Schellenberg) (Failed)
	3. 6/13/2017 CO REREFERRED; F, R
	Bill Summary R: Defer
AMEND 1. Correct F. S. reference in bill 2. Attach revised Exhibit 1 to correct F. S. references, scriveners error and strike water and sewer from essential services 5. 2017-351	ORD Apv Comprehensive Settlemt Agreemt in Settlemt of All Claims arising from & Related to Denial of Waiver of Road Frontage Appl, as set forth in Ord 2016-530-E, for Propty at 5025 Dixie Landing Dr, Subject of Special Magistrate Proceeding "in RE: Federal National Mortgage Association Denial of Waiver Application No. WRF-16-13, Ordinance 2016-530-E: Section 70.51, Florida Statutes;" Granting Waiver of Road Frontage Appl by Comprehensive Settlemt Agreemt Pursuant to Sec 70.51(19(B), F.S. (Johnston) (Introduced by CP Boyer) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 5/23/17
	1. 5/9/2017 CO Introduced: LUZ,F,TEU
	5/15/2017 TEU Read 2nd & Rerefer
	5/16/2017 LUZ Read 2nd & Rerefer Paige Johnston
	5/17/2017 F Read 2nd & Rerefer
	2. 5/23/2017 CO PH Read 2nd & Rereferred; LUZ, F, TEU
	Bill Summary TEU: Defer
AMEND 1. Clarify that this bill is approving certain fees of the Medical Examiner pursuant to Section 124.103 2. Correct increase in revenue to $82,650 3. Attach Revised Exhibit 1 to show current fees (FY 2017) to proposed fees (FY 2018) 6. 2017-370	ORD-MC Amend Chapt 124 (Public Records), Sec 124.103 (Fee Schedule for Medical Examiner Svcs & Records), Ord Code, to Update the Fees Schedule; Directing Filing of Apvd Fees Schedule. (McCain) (Req of Mayor) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/13/17
	1. 5/23/2017 CO Introduced: F,PHS
	6/6/2017 PHS Read 2nd & Rerefer Tim Crutchfield
	6/7/2017 F Read 2nd & Rerefer
	2. 6/13/2017 CO PH Read 2nd & Rereferred; F, PHS
	Bill Summary Fact Sheet PHS: Amend/App
7. 2017-371 AMEND 1. Identify in bill $292,964.31 GF/GSD Transfer from Fund Balance 2. Attach revised BT 3. Attach revised CIP sheets	ORD Approp $2,062,000 by (1) Transferring $1,062,000 ($1,000,000 from the 9A Baymeadows Park Proj & $62,000 from Cedar Bay Company Generating Station Legal Settlemt) to the Betz - Tiger Point - Phase I Master Plan Proj & (2) Approp $1,000,000 ($900,000 from Completed Capital Projs Certified as Complete by Public Works Director & Returned to Respective Sources of Origin & $100,000 from the North Care Clinic Proj) to Replenish Funding taken from the 9A Baymeadows Park Proj; Amend Ord 2016-505 (CIP) to make Corrections for "9A Baymeadows - Regional Park Amenities," & "Betz Tiger Point - Phase 1 Masterplan" Projs. (BT 17-103) (McCain) (Req of Mayor) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/13/17
	1. 5/23/2017 CO Introduced: NCIS,F
	6/5/2017 NCIS Read 2nd & Rerefer
	6/7/2017 F Read 2nd & Rerefer Teresa Eichner
	2. 6/13/2017 CO PH Read 2nd & Rereferred; NCIS, F
	Bill Summary Fact Sheet NCIS: Amend/App
8. 2017-372	ORD Approp $207,500 from Contingency for Collective Bargaining Acct to fund FY 2017 1-Time Lump Sum Pymt to Full-Time Employees of Jax Housing Authority. (BT 17-104) (McCain) (Req of Mayor) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/13/17
	1. 5/23/2017 CO Introduced: F
	6/7/2017 F Read 2nd & Rerefer Mike Weinstein
	2. 6/13/2017 CO PH Read 2nd & Rereferred; F
	Bill Summary Fact Sheet
AMEND 1. Correct fiscal years in bill 2. Attach revised BT to correct accounts 9. 2017-373	ORD Transferring $453,871 in FY 2017 Recapture Amts for Hanna Park & Huguenot Park to the Capital Proj Subfund to fund Capital Projs at the 2 Parks; Amend Ord 2016-505-E (CIP) to fund (Hanna Park 5 - Pelican Plaza Redev" & "Huguenot Park Campground & other Amenities" Projs. (BT 17-105) (McCain) (Req of Mayor) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/13/17
	1. 5/23/2017 CO Introduced: NCIS,F
	6/5/2017 NCIS Read 2nd & Rerefer
	6/7/2017 F Read 2nd & Rerefer Teresa Eichner
	2. 6/13/2017 CO PH Read 2nd & Rereferred; NCIS, F
	Bill Summary Fact Sheet NCIS: Amend/App
10. 2017-374 AMEND Attach signed award letter for reimbursement grant as Exhibit 2	ORD Approp $35,000 ($25,000 from a Spec Council Contingency Rsv Acct for Swimming Lessons & Approp of a Reimbursemt Grant of $10,000 from Safe Kids Northeast Fla) to fund a Swimming Lessons Initiative. (BT 17-106) (McCain) (Req of Mayor) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/13/17
	1. 5/23/2017 CO Introduced: NCIS,F
	6/5/2017 NCIS Read 2nd & Rerefer
	6/7/2017 F Read 2nd & Rerefer
	2. 6/13/2017 CO PH Read 2nd & Rereferred; NCIS, F Daryl Joseph
	Bill Summary Fact Sheet NCIS: Amend/App
AMENDMENTS See Auditor’s Handout on pages 14-15 11. 2017-375	ORD Auth Facilities Mgmt Contract with SMG, Initial Term 4/1/17 - 3/31/22, with City's Unilateral Option to Extend Contract for 2 Addnl & Consecutive 1-Yr Renewal Periods; Providing for Termination of Current Facilities Mgmt Agreemt with SMG; Designating Oversight by Sports & Entertainmt Ofc. (McCain) (Req of Mayor) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/13/17
	1. 5/23/2017 CO Introduced: NCIS,F
	6/5/2017 NCIS Read 2nd & Rerefer Dave Herrell
	6/7/2017 F Read 2nd & Rerefer
	2. 6/13/2017 CO PH Read 2nd & Rereferred; NCIS, F
	Bill Summary Fact Sheet NCIS: Amend/App
AMEND Attach revised Exhibit 2 to include insurance requirements (Exhibit C) 12. 2017-376	ORD Agreemt to Accept a Perpetual Access & Use Easemt from Nemours Foundation to allow Constrn of a Shared Use Path over the St Johns River. (McCain) (Req of Mayor) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/13/17
	1. 5/23/2017 CO Introduced: TEU,F
	6/5/2017 TEU Read 2nd & Rerefer
	6/7/2017 F Read 2nd & Rerefer
	2. 6/13/2017 CO PH Read 2nd & Rereferred; TEU, F Renee Hunter
	Bill Summary Fact Sheet TEU: App
13. 2017-377 AMEND Correct date of appraisal to 2011	ORD Auth a Purchase & Sale Agreemt with Adeeb Properties, LLC, the Related Subordination Agreemt, & all Documents to Effectuate said Purpose, the Conveyance to Adeeb of Propty in Historic Springfield Neighborhood at 1850 N. Main St for Operation of a Restaurant & a Micro-Brewery; Waiving Provision of Sec 122.422 (Sale of Propty thru Real Estate Div; Investigation of Need; Council Action) for Conveyance of Propty to Adeeb; Designate Oversight by Ofc of Economic Dev. (McCain) (Req of Mayor) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/13/17
	1. 5/23/2017 CO Introduced: NCIS,F
	6/5/2017 NCIS Read 2nd & Rerefer
	6/7/2017 F Read 2nd & Rerefer
	2. 6/13/2017 CO PH Read 2nd & Rereferred; NCIS, F Kirk Wendland
Sole responder on the RFP is proposing to redevelop the property as a restaurant and micro-brewery. Developer will pay $1,000 to purchase the property and will pay all back taxes estimated at $90,000, as well as all closing costs and fees and construction estimated at $301,600. Developer also understands there are environmental issues on the property and has budgeted $100,000 for remediation. Property was last appraised in 2011 at $200,000. Developer has three years to complete renovations.	Bill Summary Fact Sheet NCIS: Amend/App
SUB/RE-REFER At request of CM Schellenberg 14. 2017-378	ORD-MC Setting a Public Referendum; Amend City Charter, Chapter 92-341, Laws of Fla, as Amended, to Repeal the 2-Term Limit Provisions of Sections 5.041 (The Council - Limitation of Term of Ofc), 8.04 (Sheriff - 2 Term Limit), 9.04 (Supv of Elections - 2-Term Limit), 10.04 (Propty Appraiser - 2-Term Limit), 11.04 (Tax Collector - 2-Term Limit), 12.11 (Clerk of Courts - 2-Term Limit & 13.5 (Duval County School Bd - 2-Term Limit); Provide for Referendum Apv of this Ord; Provide for Financial Impact Statemt to be Developed & Placed on the Ballot; Directing Supv of Elections to place Referendum Question on 2018 Primary Election Ballot on 8/28/18. (Sidman) (Introduced by CM Schellenberg) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/13/17
	1. 5/23/2017 CO Introduced: R,F
	6/6/2017 R Read 2nd & Rerefer
	6/7/2017 F Read 2nd & Rerefer
	2. 6/13/2017 CO PH Read 2nd & Rereferred; R, F
	Bill Summary R: Sub/Re-Refer
AMEND 1. Correct name to Marietta Bullsbay Athletic Association 2. Authorize Mayor to execute an amendment to license agreement with Marietta Bullsbay Athletic Association subject to OGC approval for project, invoking of procurement exception for contractor, and inserting maximum indebtedness 3. Pg. 2, line 8 remove extra “is” 15. 2017-387	ORD Approp $99,000 from Old Kings Rd Landfill Mitigation Fund to provide Marietta Athletic Assn with funds to Construct a Restroom/Concession/Storage/Pavilion Facility & for Sewer Connection Costs for Same at Thomas Jefferson Park; Designate Oversight by Parks, Rec & Community Svcs Dept & Disbursemt of Funds upon Invoices & Accounting/Reverter of any Unspent Funds; Invoke Exception of 126.107(G) (Exemptions), Chapt 126 (Procuremt Code), Ord Code, for Professional Svcs of Holton Construction, Inc. (Johnston) (Introduced by CM Carter) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/13/17
	1. 5/23/2017 CO Introduced: NCIS,R,F
	6/5/2017 NCIS Read 2nd & Rerefer CM Carter
	6/6/2017 R Read 2nd & Rerefer
	6/7/2017 F Read 2nd & Rerefer
	2. 6/13/2017 CO PH Read 2nd & Rereferred; NCIS, R, F
	Bill Summary NCIS: Amend/App R: Amend/App
DEFER At request of CM Gulliford 16. 2017-393	ORD Approp $60,000 from Spec Council Contingency to Jax Children's Comm to fund I'm a Star Prog at Certain Middle & High Schools at Beaches & Westside Areas; Auth a Svcs Contract with I'm a Star Foundation, Inc to operate its Prog at said Schools; Invoke Exception of 126.107(g) (Exemptions), Chapt 126 (Procuremt Code), for Direct Contract with said Foundation and its Prog; Designate Oversight by Jax Children's Comm. (Sidman) (Introduced by CM Gulliford) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/13/17
	1. 5/23/2017 CO Introduced: NCIS,R,F
	6/5/2017 NCIS Read 2nd & Rerefer
	6/6/2017 R Read 2nd & Rerefer
	6/7/2017 F Read 2nd & Rerefer
	2. 6/13/2017 CO PH Read 2nd & Rereferred; NCIS, R, F
	Bill Summary NCIS: Amend/App R: Defer
17. 2017-394 PHS AMENDMENT 1. Correct date of memorial dedication 2. Place revised agreement On File a. to allow the Tenant to apply for a temporary alcoholic beverage permit in connection with special events b. include a termination clause for the Theater Building if City sells the land that it will help find equivalent space and pay moving expenses for Tenant c. require reporting semi-annually on fund raising activities and donations and use of funds and the uses and activities of the property	ORD Auth Lease Agreemt with Cecil Field POW/MIA Memorial, Inc (Tenant) for 5 Yrs with 1 20-Yr Renewal Option for Propty at 6112 New World Ave, $1/Yr for 1st 5 Yrs & then $2,400/Yr for Common Area Maint Costs; Designate Oversight by Ofc of Economic Dev. (Johnston) (Introduced by CM Carter) (Co-sponsored by CM's Love, Bowman, Brosche, Wilson & Hazouri) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/13/17
	1. 5/23/2017 CO Introduced: NCIS,F,PHS
	6/5/2017 NCIS Read 2nd & Rerefer
	6/6/2017 PHS Read 2nd & Rerefer
	6/7/2017 F Read 2nd & Rerefer
	2. 6/13/2017 CO PH Read 2nd & Rereferred; NCIS, F, PHS CM Carter
Summary of Agreement: · Lease is with POW/MIA Memorial, Inc. (Tenant) for the Memorial Garden, Chapel and Theater Building located at 6112 New World Avenue for five years, with a 20-year renewal option. · Tenant shall pay $1 per year for the first 5 years and then $2,400 each year thereafter of the 20-year renewal for common area maintenance. · By June 30, 2018, Tenant is responsible for completing Chapel Building Improvements and other Property Improvements. · On June 30, 2022, Tenant shall have the right to construct, at its sole cost and expense, a building anticipated to be approx. 100,000 sq feet, with potentially two additional approx. 25,000 sq. foot expansions to serve as a Veteran’s Memorial Building. The Tenant is also responsible for maintenance costs on these buildings. · If Tenant is unable to demonstrate by June 30, 2022 that it has the financial resources to complete the project, the City, at its option, may terminate the lease. · If the lease is not renewed at the end of the 25 years, any Veteran’s Memorial Building constructed by the Tenant would become a City asset.	Bill Summary NCIS: Amend/App PHS: Amend/App
DEFER To travel with 2017-396, 397 & 398 18. 2017-395	ORD Apv Settlemt of Claims in Trial Proceedings of "The Public Trust Environmental Legal Institute of Florida, Inc., Lee Hunter, Tom Larson & Thera James v. the City of Jacksonville", Case No. 2015-CA-4453, 4th Judicial Circuit. (Teal) (Ofc of General Counsel) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/13/17
	1. 5/23/2017 CO Introduced: LUZ,F,NCIS
	6/5/2017 NCIS Read 2nd & Rerefer
	6/6/2017 LUZ Read 2nd & Rerefer
	6/7/2017 F Read 2nd & Rerefer
	2. 6/13/2017 CO PH Read 2nd & Rereferred; LUZ, F, NCIS
	Bill Summary NCIS: Defer
DEFER Due to LUZ Public Hearing scheduled on 7/18/17 19. 2017-396	ORD-MC Amend Chapt 656 (Zoning Code), Secs 656.1206 (Permit Procedure & Criteria for Tree Removal, Relocation & Replacemt of Protected Trees) & 656.1208 (Enforcemt; Violations & Penalties; Stopping Work, Correction of Violation), Ord Code, to Amend Enforcemt Process for Violations of Chapt 656, Part 12 (Landscape & Tree Protection Regs). (Teal) (Ofc of General Counsel) LUZ PH - 7/18/17 Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/27/17 & 7/25/17
	1. 5/23/2017 CO Introduced: LUZ,F,NCIS
	6/5/2017 NCIS Read 2nd & Rerefer
	6/6/2017 LUZ Read 2nd & Rerefer
	6/7/2017 F Read 2nd & Rerefer
	2. 6/13/2017 CO Read 2nd & Rereferred; LUZ, F, NCIS
	Bill Summary Fact Sheet NCIS: Defer
DEFER To travel with 2017-395, 396 & 397 20. 2017-398	ORD-MC Amend Sec 111.760 (Tree Protection & Related Expenses Trust Fund), Ord Code, to Auth Expenditure of Trust Fund Monies for Salary & Benefits for 1 City Arborist Position. (Teal) (Ofc of General Counsel) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/13/17
	1. 5/23/2017 CO Introduced: LUZ,F
	6/6/2017 LUZ Read 2nd & Rerefer
	6/7/2017 F Read 2nd & Rerefer
	2. 6/13/2017 CO PH Read 2nd & Rereferred; LUZ, F
	Bill Summary Fact Sheet
AMEND 1. Clarify that any change in the “schedule and scope of performance and development” within technical amendments cannot go beyond 10/30/2020 2. Attach revised Exhibit 2 (Interlocal Agreement) to correct the match amount and add date of JPA 3. Attach revised Exhibit 3 (Station 56 Lease) and Exhibit 4 (Station 73 Lease) to correct an Exhibit reference, remove reference to “work letter” and define Substantial Completion and correct name of Environmental Inspection report and insert date 4. Attach revised Exhibit 5 to correct CIP sheets for address of Station 56 and add operating costs for Station 73 21. 2017-400	ORD Approp to the "Fire Station 73" Proj a JAA FDOT Grant of $1,631,513 & $2,150,000 of City Funds Approp in CIP; Auth Interlocal Agreemt for the Lease, Constrn & Rehab of Cecil Airport Fire Stations; Auth an Operating & Lease Agreemt for Fire Station 56; Auth an Operating & Lease Agreemt for Fire Station 73; Amend Ord 2016-505-E (CIP) to Increase Funding for "Fire Station #56 Renovation" & "Fire Station 73" Projs; Designate Oversight by Public Works Dept. (BT 17-075) (Hodges) (Req of Mayor) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/13/17
	1. 5/23/2017 CO Introduced: PHS,F
	6/6/2017 PHS Read 2nd & Rerefer Keith Powers/Teresa Eichner
	6/7/2017 F Read 2nd & Rerefer
	2. 6/13/2017 CO PH Read 2nd & Rereferred; PHS, F
	Bill Summary Fact Sheet PHS: Amend/App - Bill will appropriate funds from Fire Station 56 Renovation Project ($2,150,000) previously approved in the CIP to a new Fire Station 73 Project and appropriate an FDOT grant ($1,631,513) that is passed through JAA to the City. Funds totaling $350,000 will remain in Fire Station 56 Project for renovations - The bill also authorizes an Interlocal Agreement and Operating and Lease Agreements for each Fire Station: o JAA will provide the premises for both fire stations for no cost for a 40 year term with one 10 year renewal option o City is obligated to provide personnel and apparatus twenty-four hours a day and seven days a week at each station o The estimated annual cost to operate both stations is approximately $6,000,000
AMEND 1. Attach TEFRA hearing and report 2. Identify documents to be placed on file upon bond closing 22. 2017-401	ORD Auth Issuance by City of its Health Care Facilities Rev Refunding Bonds (Baptist Health), Series 2017, of $65,000,000 & Auth a Loan to Southern Baptist Hospital of Florida, Inc (Baptist) in an Amount equal to the Amount of the Bonds, for Refunding Outstanding Jacksonville Health Facilities Authority Hospital Rev Bonds (Baptist Medical Ctr Proj), Series 2007A, which were Loaned to Baptist & Financed or Reimbursed the Cost of the Acquisition Constrn & Equipping of Certain Health Care Facilities for Baptist; Appt a Bond Trustee; Auth a Delegated Negotiated Sale of Bonds, Apv Conditions & Criteria for the Sale & Auth the City's Economic Dev Officer to Award the Negotiated Sale of Bonds to the Purchaser. (McGuire Woods LLP) (Req of Mayor) Public Hearing Pursuant to Sec 147(f), Internal Rev Code, by EDO - Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/13/17
	1. 5/23/2017 CO Introduced: PHS,F
	6/6/2017 PHS Read 2nd & Rerefer
	6/7/2017 F Read 2nd & Rerefer Paul Crawford/Kirk Wendland
	2. 6/13/2017 CO PH Read 2nd & Rereferred; PHS, F
	Bill Summary Fact Sheet PHS: Amend/App
AMEND 1. Attach TEFRA hearing and report 2. Identify documents to be placed on file upon bond closing 23. 2017-402	ORD Auth Issuance by City of its Health Care Facilities Rev & Refunding Bonds (Florida Proton Therapy Institute Proj), Series 2017, of $60,000,000 to Obtain Funds to Loan to Florida Proton Therapy Institute, Inc, to Finance, Reimburse or Refinance a Portion of Costs of Acquisition, Constrn, Equipping, Installation & Expansion of Certain Described Capital Projs; Auth City's Chief Economic Officer to Award the Placemt of Bonds to the Purchaser & Apv Conditions of Placemt. (Petrie) (Req of Mayor) Public Hearing Pursuant to Sec 147(f), Internal Rev Code, by EDO - Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/13/17
	1. 5/23/2017 CO Introduced: PHS,F
	6/6/2017 PHS Read 2nd & Rerefer
	6/7/2017 F Read 2nd & Rerefer Paul Crawford/Kirk Wendland
	2. 6/13/2017 CO PH Read 2nd & Rereferred; PHS, F
	Bill Summary Fact Sheet PHS: Amend/App
AMENDMENTS See Auditor’s Handout on pages 16-18 24. 2017-403	ORD Approp $4,000,000 from Downtown Historic Preservation & Revitalization Trust Fund for Renovation of the Barnett Bank Building; Making Findings & Auth (1) Redev Agreemt among City, DIA, Barnett Tower, LLC (Barnett Developer), & Laura Trio, LLC (Trio Developer); (2) Lease Agreemt with BLT Parking, LLC (Landlord); (3) Parking Sublease Agreemt bet City & Landlord as Tenant; (4) Quitclaim Deed Conveying City Owned Parcel of Land to Barnett Developer; & (5) Related Agreemts as Described in Redev Agreemt for Renovation of Barnett Bank Bldg & Constrn of a Parking Garage (Barnett Proj) & Renovation of the Marble Bank Building, Bisbee Building & Florida Life Building & Related Improvemts (Trio Proj), all in Northbank Down CRA; Auth & Approp a Downtown Historic Preservation & Revitalization Trust Fund Grant of $4,000,000 to Barnett Developer; Auth a Downtown Historic Preservation & Revitalization Trust Fund Grant of $4,000,000 to the Trio Developer, to be Appropriated by Subsequent Legislation; Auth a REV Grant of $1,800,000 for Trio Proj; Waive the Downtown Historic Preservation & Revitalization Trust Fund Guidelines of 2002-395-E to Auth Grants in Excess of $1,000,000 for said Projs; Waive Chapt 122 (Public Propty), Part 4 (Real Propty), Subpart C (Community Redev Real Propty Dispositions), to Auth Sale of City Owned Real Propty without Appraisal to Barnett Developer at Les than Fair Market Value; Designate DIA as Contract Monitor for the Redev Agreemt & Related Agreemts; Designate Oversight of the Proj by the Public Works Dept; Provide Deadline for the Developer to Execute Agreemts; Waiver of Public Investmt Policy for Trio Developer to Rcv a REV Grant that requires it be in a Targeted Industry Category, must Create at least 10 New Full-Time Jobs & that the Wages be Greater than or Equal to 100% of Florida's Average Wage, & that Limits Funding from said Trust Fund to a Max of $1,000,000 per Proj. (BT 17-110) (Sawyer) (Req of Mayor) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/13/17
	1. 5/23/2017 CO Introduced: NCIS,R,F
	6/5/2017 NCIS Read 2nd & Rerefer
	6/6/2017 R Read 2nd & Rerefer Aundra Wallace
	6/7/2017 F Read 2nd & Rerefer
	2. 6/13/2017 CO PH Read 2nd & Rereferred; NCIS, R, F
	Bill Summary Fact Sheet NCIS: Amend/App R: Amend/App
25. 2017-409 2nd	ORD Reapprop $1,000,000 in Existing Authorized Debt Proceeds from the Countywide ADA Compliance - Community Transition Ctr Proj to bring 3 Community Transition Ctr Bldgs into Compliance with ADA Requiremts; Amend Ord 2016-505-E (CIP) to reflect said Funding change. (BT 17-107) (McCain) (Req of Mayor) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/27/17
	1. 6/13/2017 CO Introduced: NCIS,PHS,F
	Bill Summary Fact Sheet NCIS: 2nd PHS: 2nd
26. 2017-411 2nd	ORD Supplementing Ord 2006-888-E Auth the Issuance of City's Spec Rev Bonds of $165,000,000 of Net Proj Funds for Acquisition & Constrn of certain Capital Equipmt & Improvemts; This Ord shall Constitute a Contract bet Issuer & Bondholders; Auth Acquisition of Debt Svc Rsv Funds Products with Respect to such Bonds if Necessary; Auth Acquisition of Credit Facilities with Respect to such Bonds if Necessary; Waiving Sec 104.211 (Procedure for Sale of Bonds), Ord Code, to allow Sale of said Bonds on a Limited Competitive Basis, as a Negotiated Sale or as a Private Placemt. (Petrie) (Req of Mayor) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/27/17
	1. 6/13/2017 CO Introduced: R,F
	Bill Summary Fact Sheet R: 2nd
27. 2017-412 2nd	ORD Apv a Mobility Fee Contract with Old No. 1 Partners, LLC for Memorialization of $2,202,677.33 in Mobility Fee Credits for use within Mobility Zones 3 & 4. (Dist 11-Becton) (Grandin) (Introduced by CM Becton) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/27/17
	1. 6/13/2017 CO Introduced: TEU,F
	Bill Summary TEU: 2nd
28. 2017-413 2nd	ORD Declaring Surplus Propty on E/S Old St Augustine Rd, N of Knotah Rd (Portion of RE# 158247-0300); Auth Conveyance to JEA for Appraised Value of $27,000. (Dist 6-Schellenberg) (McCain) (Req of Mayor) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/27/17
	1. 6/13/2017 CO Introduced: TEU,F
	Bill Summary Fact Sheet TEU: 2nd
29. 2017-414 2nd	ORD Grant FDOT a Temporary Easemt In, Over & Under Parcel 701 for the SR A1A Timucuan Trail Bike Path Proj; Designate Oversight by the Real Estate Div of Public Works. (McCain) (Req of Mayor) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/27/17
	1. 6/13/2017 CO Introduced: TEU,F,NCIS
	Bill Summary Fact Sheet NCIS: 2nd TEU: 2nd
30. 2017-415 2nd	ORD Auth Dir of JFRD to Execute the MOU bet City & Marathon Petroleum Co LP, for the Use & Storage of a WFHC Ranger 3 Nozzle Trailer; Designate Oversight by JFRD. (McCain) (Req of Mayor) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/27/17
	1. 6/13/2017 CO Introduced: PHS,F
	Bill Summary Fact Sheet PHS: 2nd
31. 2017-422 2nd	ORD Auth the City's Jacksonville Veterans Memorial Arena Use Agreemt with EI Acquisition, LLC; Designate Oversight by Ofc of Sports & Entertainmt; Auth Approp of $300,000 in a Capital Contribution from the Jacksonville Icemen as Reimbursemt for Improvemts to the Arena. (BT 17-112) (McCain) (Req of Mayor) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/27/17
	1. 6/13/2017 CO Introduced: NCIS,F
	Bill Summary Fact Sheet NCIS: 2nd
EMERGENCY AMEND 1. Add to title of bill the deletion of application restriction for orgs. that provide priority population recommendations 2. Clarify that other pertinent City employees are any other City employees processing the grant applications 3. Pg. 2, line 19 add “year” after fiscal 32. 2017-424	ORD-MC Amend Part 8 (Public Svc Grants), Chapt 118 (City Grants), Secs 118.804 (Priority Populations or Needs) & 118.806 (Application Requiremts), Ord Code, to Prohibit Certain Communications during Grant Appl Period; Request 1-Cycle Emerg Apv. (Hodges) (Introduced by CM Morgan) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/27/17
	1. 6/13/2017 CO Introduced: NCIS,R,F CM Morgan
	Bill Summary NCIS: Emerg/Amend/App R: Emerg/Amend/App
33. 2017-425 2nd	ORD Auth Restated Agreemt with REDUS Florida Land, LLC for Extension of Time for REDUS to provide Intersec Improvemts & for Reimbursemt by City of 50% of Cost Overruns above $525,000 for Constrn of Traffic Signal & Deceleration Lane; Auth Real Estate Div to Accept a Grant of Easemt for 2 Mast Arm Poles for the Signal Lights. (Grandin) (Introduced by CM Dennis) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/27/17
	1. 6/13/2017 CO Introduced: TEU,F, LUZ
	Bill Summary TEU: 2nd
EMERGENCY AMEND 1. Change funding source mentioned in the bill 2. Attach a revised BT to correct Council District and change funding source 3. Include Gateway Community Services under 126.107(g) invocation 4. Include designated emergency department to be selected in compliance with Chapter 126 5. Attach Revised Exhibit 2 - Scope of Services and Chart 34. 2017-426	ORD Approp $1,467,289 from Gen Fund/Gen Svc Dist Fund Balance to fund a 6-month Opioid Epidemic Pilot Prog with River Region Human Services, Inc; Auth Funds Carryover to FY 2017-2018; Apv Scope of Svcs; Auth Agreemts & Documents to Implement the Prog, Sub to Review & Apv of Gen Counsel & Risk Mgmt Div; Designate Oversight by JFRD; Invoke Exception of 126.107(g) (Exemptions), Chapt 126 (Procuremt Code), Ord Code, for Direct Contract for Prog & Mgmt Svcs with River Region; Request 1-Cycle Emerg Apv. (Johnston) (Introduced by CM Gulliford) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/27/17
	1. 6/13/2017 CO Introduced: PHS,R,F CM Gulliford
	Bill Summary PHS: Emerg/Amend/App R: Emerg/Amend/App
35. 2017-427 2nd	ORD Approp $2,370,759 ($2,187,759 in Fed Home Investmt Partnership Prog Funding & $183,000 in Prog Income) to fund a Wide Range of Activities, including Building, Buying &/or Rehab of Affordable Housing for Rent or Homeownership For, or Providing Direct Rental Assistance to, Low Income Individuals & Families; Auth Funds Carryover from Yr to Yr; Apv Positions. (BT 18-001) (RC 18-001) (McCain) (Req of Mayor) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/27/17
	1. 6/13/2017 CO Introduced: NCIS,F
	Bill Summary Fact Sheet NCIS: 2nd
36. 2017-428 2nd	ORD Approp $2,660,472.92 ($2,619,116 in Annual Housing Opportunity for Persons with Aids Prog Grant Funding from U.S. HUD Dept & a Reallocation of $41,356.92 in Unexpended Prior Yr Funds) to Provide a Wide Range of Housing, Social Svcs, Prog Planning & Dev Costs to Low-Income Persons Living with HIV/AIDS & their Families; Auth Funds Carryover of Funds from Yr to Yr; Apv Position. (BT 18-002) (RC 18-002) (McCain) (Req of Mayor) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/27/17
	1. 6/13/2017 CO Introduced: PHS,F,NCIS
	Bill Summary Fact Sheet NCIS: 2nd PHS: 2nd
37. 2017-429 2nd	ORD Approp $5,619,483.55 ($5,506,732 in CDBG Prog Funding, $75,273.67 in Prog Income & $37,477.88 in Reprogrammed Funds) for Prog Costs; Provide for Award, Authorization & Funding & for City to Execute Fed Prog Contracts for CDBG Prog Funds; Auth Carryover of Funds from Yr to Yr; Provide for further Council Action if Rev Differs; Apv Positions. (BT 18-003) (RC 18-003) (McCain) (Req of Mayor) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/27/17
	1. 6/13/2017 CO Introduced: NCIS,F
	Bill Summary Fact Sheet NCIS: 2nd
38. 2017-430 2nd	ORD Approp $534,195.61 (Annual Emerg Solutions Grant Funding for U.S. HUD Dept of $501,739 & a Reallocation of $32,456.61 in Unexpended Prior Yr Funds) to fund (1) Engage Homeless Individuals & Families Living on the Street; (2) Improve Number & Quality of Emerg Shelters for Homeless Individuals & Families; (3) Help Operate the Shelters; (4) Provide Essential Svcs to Shelter Residents; (5) Rapidly Re-House Homeless Individuals & Families & (6) Prevent Individuals & Families from Becoming Homeless; Auth Funds Carryover from Yr to Yr. (BT 18-004) (McCain) (Req of Mayor) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/27/17
	1. 6/13/2017 CO Introduced: NCIS,PHS,F
	Bill Summary Fact Sheet NCIS: 2nd PHS: 2nd
EMERGENCY AMEND Attach Exhibit 1 (DIA Board Resolution) 39. 2017-433	ORD Auth Grant of Easemt with Southbank Apartment Ventures, LLC (Grantor) for Easemts on the Southbank to the City to Expand Existing Riverwalk from 8' to 20' & Provide a Pedestrian Pathway Connecting the Riverwalk to Prudential Dr; Designate Oversight by Parks, Rec & Community Svcs Dept; Request 1-Cycle Emerg Apv. (McCain) (Req of Mayor) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/27/17
	1. 6/13/2017 CO Introduced: NCIS,R,F Aundra Wallace
	Bill Summary Fact Sheet NCIS: Emerg/Amend/App R: Emerg/Amend/App
40. 2017-434 EMERGENCY	ORD Auth an Air Rights Easemt Agreemt granting HP-BDG 200 Riverside an Easemt to allow for Balcony Encroachmts within the Airspace of Magnolia St, Jackson St & Riverside Ave; Designate Oversight by Planning & Dev Dept; Request 1-Cycle Emerg Apv. (McCain) (Req of Mayor) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/27/17
	1. 6/13/2017 CO Introduced: R,F Aundra Wallace
	Bill Summary Fact Sheet R: Emerg/App
41. 2017-440 WITHDRAW	ORD Approp $91,431.93 from Gen Fund/Gen Svc Dist Fund Balance to JEA for Addnl Street Lighting on North Campus Blvd; Designate Oversight by Public Works Dept; Request 1-Cycle Emerg Apv. (Sidman) (Introduced by CM K. Brown) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/27/17
	1. 6/13/2017 CO Introduced: TEU,PHS,R,F
	Bill Summary TEU: Withdraw PHS: Withdraw R: Withdraw
42. 2017-442 EMERGENCY AMEND 1. Change funding source mentioned in the bill 2. Attach a revised BT to change funding source 3. Add carryover language	ORD Approp $200,000 from Gen Fund/Gen Svc Dist Fund Balance to the Parks, Rec & Community Svcs Dept for Addnl Swim Lessons ($125,000), Transportation to Swim Lessons ($50,000) & Education ($25,000); Request 1-Cycle Emerg Apv. (Sidman) (Introduced by CM Dennis) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 6/27/17
	1. 6/13/2017 CO Introduced: NCIS,R,F CM Dennis Bill Summary NCIS: Emerg/App R: Emerg/Amend/App

***Items may be added at the discretion of the Chair.***

Council Auditor’s Office

2017-375

Contract Terms:

- SMG has been contracted by the City to manage, promote, operate and maintain Everbank Field, the Veterans Memorial Arena, the Baseball Grounds, the Times-Union Center for the Performing Arts, the Prime Osborn Convention Center and the Ritz Theatre and Museum.

- The current contract has been extended and will expire February 28, 2018. This contract will replace the existing contract and have a term from April 1, 2017 to March 31, 2022 (5 years).

- There is an option to renew for 2 additional one year terms.

- The City is obligated to pay a Fixed Fee in the amount of $101,397 starting January 1, 2017. The Fixed Fee will be adjusted by CPI each year and shall not exceed an increase of 4% for any one year. The first year CPI adjustment will be retroactive to April 1, 2017.

- The Manager is entitled to an Incentive Fee in an amount up to the Fixed Fee. The amount of the Incentive Fee is based on performance criteria. The Incentive Fee will be adjusted by CPI each year.

- The City is obligated to pay a Concession Services Fee that is 5.5% of all gross sales revenue derived from Concession Services up to an annual cap of $500,000. Manager guarantees to the City concession revenue of $1,600,000 per year. ($8,000,000 for initial term and $1,600,000 for each renewal term)

- The City is obligated to pay one fourth of the budgeted deficit (excess of Operating Expenses over Gross Operating Revenues) for each quarter of the fiscal year.

- Manager will establish an Event Development Fund in the total amount of $750,000. The funds shall be used for the purposes of attracting, promoting, marketing and developing an event at the Facilities. These events could be self-promoted, jointly promoted with a third party or induce a third party to promote an event. This fund will be amortized over a period of 5 years.

- The Manager will provide a one-time payment of $1,000,000 to the City to be used at the City’s discretion. This Manager Contribution will be amortized over a period of 5 years.

- Manger will provide a Food Services Contribution in the amount of $100,000 to upgrade the food services equipment and operations. This Food Services Contribution will be amortized over a period of 5 years.

AMENDMENTS:

1. Add a section in the bill to invoke the exception of Section 126.107(g)
2. Place a Revised Agreement On File to:
1. Clarify in Section 2.9 that each facility will be accounted for separately instead of having a separate depository for each facility
2. Clarify in Section 2.18 that Operating Expenses excludes the Fixed Fee, Incentive Fee and Concession Services Fee
3. In Section 11.2, clarify that CPI adjustment will be retroactive to April 1, 2017 for the first year
4. Include the not to exceed reduction amount of 20% for the Incentive Fee in Section 11.5(a) and remove the last paragraph of Section 11.5(f)
5. In Sections 11.6(a) and 11.6(c) clarify that deficit is the budgeted deficit
6. Update the Revenue Procedure references throughout the agreement
7. Correct the Maximum Indebtedness amount to only include the Fixed Fee, Incentive Fee and Concession Services Fee (The operating budget and capital maintenance budget are approved by Council each year.)
8. Remove Fixed Fee, Incentive Fee and Concession Services Fee as part of the Operating Expenses (Section 12.2(w)) and add Fixed Fee to Exclusions to Operating Expenses (Section 12.3)
9. In Sections 12.5 and 12.7 change Effective Date to Execution Date
10. Attach Exhibits B (JSEB Reporting Requirements),Exhibit C (Amendment 10 of JJL Lease, Exhibit D1 (MOU) and Exhibit D2 (SMG Procurement Policies)
11. Include Technical Amendments

Council Auditor’s Office

Bill 2017-403

Summary of Terms:

The estimated cost of the development is $90,000,000. The total obligation of the City for the development projects ($9,800,000) and parking garage lease ($13,200,000) will be $23,000,000, plus the cost of operating and maintaining the parking garage.

The developer will have a 10 year historic tax exemption on the Barnett and Trio Projects

The Maximum Indebtedness of the City for the Development Agreement is $9,800,000.

1. Barnett Project (Barnett Improvements and Parking Garage Improvements):
• Barnett Developer will apply for a $4,000,000 Historic Preservation Trust Fund Grant (HPTF Grant).
• The City is obligated to disburse the initial $2,000,000 to Barnett Developer upon Substantial Completion of the Barnett Project.
• The final $2,000,000 is conditioned upon the Substantial Completion of the Trio Project
2. Trio Project:
• The Trio Developer will also apply for a $4,000,000 HPTF Grant
• The City is obligated to pay the $4,000,000 upon Substantial Completion of the Trio Project and the Barnett Project
3. Trio REV Grant applied to the new construction of the hotel portion:
• Not to exceed amount of $1,800,000
• For 50% of the Annual Projected Revenues for 20 years

Purchase and Sale of Garage Parcel by Barnett Developer

1. Barnett Developer will purchase the Garage Parcel from the City for $943,403
2. The Barnett Developer will construct a 550 space parking facility
3. The City will enter into a 20 year Lease Agreement
• City will lease 300 spaces from Barnett Developer
• City’s obligation under the lease agreement is a monthly amount of $55,000 or $660,000 per year.
• The total amount paid out during the 20 year lease would be $13,200,000
• The lease does include a Purchase Option if developer defaults
4. The City will enter into a 20 year Sublease Agreement with BLT Parking, LLC. BLT Parking, LLC will lease a total of 250 spaces and pay the City as follows:
• 100 spaces leased for 20 years for $120,000 a year ($2,400,000 for the entire term of the lease)
• 150 spaces leased for 18 years for $200,000 a year ($3,600,000 for the entire term of the lease)
• The City will receive a total of $6,000,000 for the entire term of the lease

AMENDMENTS:

On the bill:

1. Include reference to Code Section 111.910 which is the Downtown Historic Preservation and Revitalization Trust Fund
2. Add in the title of the bill the $660,000 per year paid to the developer for parking and include a whereas clause on the parking lease terms
3. Remove duplicate language of “and appropriating” on page 1, line 31 and page 2, line 1.
4. On page 3 correct whereas clause to include purchase of Garage Parcel by Barnett Developer in the amount of $943,403
5. On page 4, line 27 capitalize BID
6. Correct spelling of Barnett on page 6, line 13
7. On page 9, line 1 correct ordinance number should be 2002-395-E
8. Correct reference on page 10
9. Add a waiver of Section 91.113(a) to waive the Policy referenced within the section, which will increase the term to bring the property in compliance from 2 years to 5 years and allow for an increase in the upfront payment amount from $4,000 to $10,000

Exhibit 1:

1. Attach Revised Exhibit 1 (DIA Board Resolution) to include Exhibit A (Term Sheet)

Exhibit 2:

1. Attach Executed and Revised BT to correct account information and project numbers

Redevelopment Agreement:

Place Revised Development Agreement On File for the following:

1. Technical Amendments to correct section referencing and scriveners
2. In Section 2.13 include a provision that Barnett Developer can increase the number of spaces by an additional 28 spaces but anything above that will require prior consent of the DIA Board
3. In Section 4.1 remove the required commencement date from Barnett Project Performance Schedule. Developer will still have to notify DIA when construction commences and still has to complete construction within 24 months of Effective Date
4. Clarify in Section 5.1 that Barnett Developer will now purchase the Garage Parcel for $943,403, instead of the property being conveyed to the developer for $1
5. Include in part of the Conditions to Closing (Section 5.2) that Barnett Developer and DIA will work together to determine the “minimum operating standards” for the parking garage
6. Remove reverter language for Garage Parcel and include a parking use restrictive covenant in Section 5.3(e)(i) and revise Exhibit G to also include the restrictive covenant
7. Clarify in Sections 6.1 and 7.1 that the Developers may apply for the Historic Preservation Section for a grant instead of insinuating that they have already applied
8. Include Final Year of REV grant to be 2043 in Section 8.1
9. In Section 9.1 require a disclosure document showing all persons having a beneficial interest in real property
10. Include a revised Exhibit D to remove total acre site of 1.03 for the Garage Project
11. Include revised Parking Garage Lease Agreement (Exhibit K) to include technical amendments, a purchase option, memorandum of lease and purchase option, require a letter of credit in the amount of $900,000 for 3 years and a guaranty
12. Include revised Sublease Parking Agreement (Exhibit L) which increases parking fee for the 150 spaces to $200,000 from $180,000 per year, adds a provision that does not allow the developer to charge a rate below the City’s current standard rate, includes the rules and regulations and makes technical amendments
13. Since there is currently a lien on the Trio property a new Exhibit O (Settlement Agreement) will need to be attached to the agreement. The lien is a result of fines imposed by the Municipal Code Enforcement Board/Special Magistrate.
1. The Settlement Agreement will provide the developer 5 years to bring the property into compliance
2. At time of execution of the Settlement Agreement the property owner will pay an upfront amount of $10,000
3. Once improvements are substantially completed the City will deliver to the property owner a release or satisfaction of the Municipal Code Enforcement Board order recorded against the property