:

FINANCE COMMITTEE

MEETING MINUTES - amended

Tuesday October 16, 2018	Tape No.________________________
9:30 AM
Council Chambers 1^st Floor, City Hall	Carol Owens, Chief of Legislative Services
Greg Anderson, Chair	Legislative Assistant: Adri Maguire Segui
Joyce Morgan, Vice Chair - Excused	Assistant Council Auditor: Kim Taylor
Lori Boyer	Chief of Research: Jeff Clements
Reggie Gaffney	Deputy General Counsel: Paige Johnston
Bill Gulliford	Administration: Leeann Krieg
Jim Love
Sam Newby

Meeting Convened 9:30 a.m. Meeting Adjourned 11:15 a.m.

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.

Attendance:

Council Member John Crescimbeni

Council Member Randy White

Council Member Garrett Dennis

Council Member Matt Schellenberg

NOTE: The next regular meeting will be held Tuesday, November 6^th, 2018.

Because of the way the New Year holiday falls during the first week of January, the committee asked that legislation be filed to move the Finance Committee of the first week of January to Thursday the 3^rd. Council Member Newby, Chair of the NCSPHS Committee, asked that the legislation move that committee’s meeting to January 2^nd as well. Assistant General Counsel Paige Johnston will consult with the chairs of the other committees about their desire to move their meetings as well.

Chairman Anderson called the members’ attention to several reports released by the Auditor’s Office regarding reserve account balances and recently released audits.

Item/File No.

Title/History

1. 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 (NCSPHS 7/1/17)

6/19/2017 NCSPHS Emerg/Amend/Approve 6-0

6/20/2017 R Emerg/Amend/Approve 7-0 Brian Hughes

6/21/2017 F Emerg/Amend/Approve 5-0

2. 6/27/2017 CO PH/Rerefer; NCIS, R, F

Bill Summary Fact Sheet NCSPHS:

Assistant Council Auditor Kim Taylor explained the Auditor’s marked amendments. Steve Diebenow representing the project developer described additional amendments to be offered by Council Member Boyer regarding an easement configuration, landscaping and a timetable for the Riverwalk extension resulting from a recent legal settlement with adjoining property owners. The Boyer amendments were approved 6-0.

AMEND/APPROVE 6-0

1. Remove Emergency Language

2. Revise description of path within easement in Section 2 due to changed legal description

3. Attach Exhibit 1 to include a signed DIA Resolution

4. Place a Revised Grant of Easement On File to:

a.) Revise description of path within easement due to changed legal description

b.) Revise construction commencement date to Sept. 1, 2020

c.) Include revised Exhibits

5. Revise provisions regarding Riverwalk construction to add specifications regarding the width and placement of the walkway and landscaping within the easement

2. 2017-632

ORD-MC Amend Part 4 (Resource Recovery Prog), Chapt 380 (Solid Waste Mgmt), Ord Code, to Update Dept Name & Amend References to Host Fees to be Consistent with new Part 7; Create New Part 7 (Constrn & Demo Debris Collection & Transp Franchises); Amend Part 6 (Nonresidential Solid Waste Collection & Transp Franchises) re Franchise Fees to make Part 6 Intent & Definitions consistent with new Part 7; Amend Sec 609.109 (Applicable Chapter & Parts), Chapt 609 (Code Enforcemt Citations), to Revise Violations of Chapt 380 to Class F Offenses. (Johnston) (Introduced by CM Gulliford, Brosche, Crescimbeni, Love, Becton, Schellenberg & Wilson)

Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 9/26/17

1. 9/18/2017 CO Introduced: TEU,F,R

9/20/2017 TEU Read 2nd & Rerefer

9/21/2017 R Read 2nd & Rerefer; 9/21/2017 F Read 2nd & Rerefer

2. 9/26/2017 CO PH Read 2nd & Rereferred; TEU, F, R

Bill Summary TEU: Defer

DEFER at the request of CM Gulliford

3. 2018-76

ORD-MC Amend Sec 21.07 (Fiscal & Budgetary Functions), Article 21 (JEA), City Charter, to create New Subsec M to Provide & Maintain Water & Sewer Lines in certain Pre-Consolidated Urban Areas. (Sidman) (Introduced by CM's R. Brown, K. Brown, Newby, R. Gaffney & Dennis) (Co-Sponsored by CM's Hazouri & Freeman)

Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 2/27/18

Public Hearing Pursuant to Sec 21.11, City Charter & CR 3.601 -3/27/18

1. 2/13/2018 CO Introduced: TEU,F

2/20/2018 TEU Read 2nd & Rerefer

2/21/2018 F Read 2nd & Rerefer

2. 2/27/2018 CO PH Addnl 3/27/18/ Read 2nd & Rerefer TEU,F

3/27/2018 CO PH Only

Bill Summary TEU: Defer

DEFER at the Request of CM Dennis

4. 2018-142

ORD-MC Amend Sec 21.04 (Powers), Article 21 (JEA), City Charter, to Provide that any Apv by Council to sell 10% or more of JEA must include the Call for a Subsequent Referendum to Apv Terms & Conditions of Sale. (Durden) (Introduced by CM's Crescimbeni & Dennis)

Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 3/13/18

Public Hearing Pursuant to Sec 21.11, City Charter & CR 3.601 - 4/10/18

1. 2/27/2018 CO Introduced: TEU,F,R

3/5/2018 TEU Read 2nd & Rerefer

3/6/2018 R Read 2nd & Rerefer; 3/6/2018 F Read 2nd & Rerefer

2. 3/13/2018 CO PH Read 2nd & Rereferred; TEU, F, R

4/10/2018 CO PH Only

Bill Summary TEU: Defer

DEFER at the Request of CM Crescimbeni

5. 2018-297

ORD Approp $100,000 from Gen Fund/GSD/Spec Council Rsvs - Sheriff to the Fight Blight Awareness Campaign to raise Public Awareness & Community Education to focus on Litter, Community Pride, Outreach to Deter Littering (Teal) (Introduced by CM K. Brown) (Co-Sponsored by CM Morgan)

Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601- 5/22/18

1. 5/8/2018 CO Introduced: NCSPHS,F

5/14/2018 NCSPHS Read 2nd & Rerefer

5/15/2018 F Read 2nd & Rerefer

2. 5/22/2018 CO PH Read 2nd & Rereferred; NCSPHS, F

Bill Summary NCSPHS: Defer

DEFER at the request of CM Morgan

6. 2018-420

ORD-MC Auth All Documents Necessary to Consummate the Installation of the National Memorial for Peace & Justice's Duval County Memorial Monument in Hemming Park to Commemorate the African-American Victims of Lynching in Duval County, FL btwn 1877 & 1950; Create new Chapt. 54 (Peace & Justice Memorial Monument Oversight Committee),Ord Code; Create New Sec 111.107 (Peace & Justice Memorial Monument Special Revenue Fund), Chapt 111 (Special Revenue &Trust Accts.), Part 1 (Parks, Recreation, Culture & Entertainment), Ord Code, Providing Oversight by Peace & Justice Memorial Monument Committee; provide for codification. (Hodges) (Introduced by CP Brosche)

Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601-7/24/18

1. 6/26/2018 CO Introduced: NCSPHS,F,R

7/16/2018 NCSPHS Read 2nd & Rerefer

7/17/2018 R Read 2nd & Rerefer; 7/17/2018 F Read 2nd & Rerefer

2. 7/24/2018 CO PH Read 2nd & Rereferred; NCSPHS, F, R

Bill Summary NCSPHS: Defer

DEFER at the Request of CP Bowman

7. 2018-524

ORD-MC re use of Tree Mitigation Trust Fund; Amend Chapt 111 (Spec Revenue & Trust Accts), Pt 7 (Environment & Conservation), Sec 111.760 (Tree Protection & Related Expenses Trust Fund), Ord Code to prohibit use of MEDJOOL Date Palms for New Plantings by the City. (Grandin) (Introduced by CM Crescimbeni) (Co-Sponsored by CMs Ferraro & R. Gaffney)

Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 8/29/18

1. 8/14/2018 CO Introduced: TEU,F

8/20/2018 TEU Read 2nd & Rerefer CM Crescimbeni

8/21/2018 F Read 2nd & Rerefer

2. 8/29/2018 CO PH Read 2nd & Rereferred; TEU, F

9/4/2018 TEU Approve 7-0

Bill Summary

Council Member Gulliford offered an amendment regarding exclusion of a portion of the Beaches area from the date palm planting prohibition, including a map. The amendment was approved 6-0

AMEND/APPROVE 6-0

Adds an exception to allow planting of date palm trees in a defined area close to the Atlantic Ocean. Attaches a Date Palm Boundary Map allowing the trees east of Penman Road, Florida Boulevard and Mayport Road/A1A north of Beach Boulevard and east of 3^rd Street/A1A south of Beach Boulevard.

8. 2018-569

ORD Concerning FY 17/18 JPA Budget; Amend Ord 2017-504-E (COJ Budget) to Revise the Total Expenses for Maintenance Dredging & JPA Budget Schedule I; Attach 2nd Revised Schedule I (Feltel) (Introduced by CM Gulliford)

Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 9/11/18

1. 8/29/2018 CO Introduced: F

9/5/2018 F Read 2nd & Rerefer

2. 9/11/2018 CO PH Read 2nd & Rereferred; F

Bill Summary

DEFER at the Request of CM Gulliford

9. 2018-593

RESO Expressing City Council's Opposition to the Sale of JEA at this time. (Johnston) (Introduced by CM Dennis)

1. 8/29/2018 CO Introduced: R,F CM Dennis

9/5/2018 R Read 2nd & Rerefer; 9/5/2018 F Read 2nd & Rerefer

2. 9/11/2018 CO Read 2nd & Rereferred; R, F

Bill Summary

Lacking a motion to take action, the bill was deferred.

Council Member Dennis said this issue will not go away and noted that there is a straw ballot on the subject on the November election. He expressed regret that no one would second the bill.

10. 2018-623

ORD Declaring Propty Surplus (R.E. Numbers 054641-0000, 054647-0000, 054648-0000, 054649-0000 and 054650-0000) , Propty on Davis St North btwn 4th St West and 3rd St West; Providing Sale of surplus propty; Waiving provisions of Sec 122.423 (Appraisal at or Below $25,000), Chapt 122 (Public Propty), Ord Code to allow direct sale of parcels to St. Stephen's African Methodist Episcopal Church, Inc. owner of Propty adjacent to R.E. Number 054641-0000, at the assessed value of $10,587 for R.E. #054641-0000, $5,293 for R.E. #054647-0000, $5,293 for R.E. #054648-0000, $5,293 for R.E. #054649-0000, and $11,797 for R.E. #054650-0000 to allow for future expansion of the church. (District 7-R. Gaffney) (Johnston) (Introduced by CM R. Gaffney) (Co-Sponsored by CM Newby)

Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 9/25/18

1. 9/11/2018 CO Introduced: NCSPHS,F,R

9/17/2018 NCSPHS Read 2nd & Rerefer CM Gaffney

9/18/2018 R Read 2nd & Rerefer; 9/18/2018 F Read 2nd & Rerefer

2. 9/25/2018 CO PH Read 2nd & Rereferred; NCSPHS, F, R

10/1/2018 NCSPHS Amend/Approve 6-0

Bill Summary

Council Member Gaffney explained the church’s interest in acquiring the parcels and the City’s costs incurred in maintaining the properties since they were acquired. Council Member Gulliford noted the City’s commitment to facilitating affordable housing and the benefit to having the property in the hands of a community-concerned entity that plans to make use of it rather than in the hands of an owner who plans to hold it for perhaps years looking to sell it for a profit. In response to a question from Chairman Anderson about the need for a reverter clause for non-development, Mr. Gaffney said that the church is interested in putting the land to productive use and a reverter clause is not needed.

AMEND/APPROVE 6-0

1. Correct waiver to waive Section 122.424 since the aggregate value is above $25,000 and this will allow for a direct sale

2. Correct scrivener errors

11. 2018-630

ORD Auth Execution of a (1) Redev Agreemt bet City, DIA & ACE JAX, LLC; (2) Quitclaim deed conveying a city-owned parcel of land to the Developer at the cost of $1.00; (3) Loan Documents and related agreements to Support Renovation of Jones Furniture Bldg located at 520 N. Hogan St and an Adjacent Bldg located at 502 N. Hogan St. (collectively, "the Buildings"); Auth a Downtown Historic Preservation and Revitalization Trust Fund Grant of $1,500,000 to Developer, to Be Approp by Subsequent Legislation auth a Downtown Economic Dev Fund Loan in amt of $750,000 with a term of 21 yrs in connection with proj; Waiving Provisions of Chapt 122, (Public Propty, Pt 4, Real Propty, Subpart C, Community Redev Real Propty Dispositions), Ord Code to authorize sale of City owned Real Propty without appraisal to Developer at less than fair market value; Desig the DIA as Contract Monitor for Redev Agreement and related agreemts; Oversight of Proj by the Public Works Dept. (Sawyer) (Req of DIA)

Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 9/25/18

1. 9/11/2018 CO Introduced: NCSPHS,F,R Tom Daly

9/17/2018 NCSPHS Read 2nd & Rerefer

9/18/2018 R Read 2nd & Rerefer; 9/18/2018 F Read 2nd & Rerefer

2. 9/25/2018 CO PH Read 2nd & Rereferred; NCSPHS, F, R

Bill Summary Fact Sheet NCSPHS: Amend/Approve

Assistant Council Auditor Kim Taylor reviewed the Auditor’s concern and proposed amendments. She described how the Downtown Historic Preservation and Revitalization Trust Fund has been over-committed for future projects by $6.34 million which may ultimately have to be funded by the General Fund and additional projects are being discussed that also propose to use this the General Fund for another $10+ million. The Auditor’s Office recommends that the DIA be required in future legislation to provide a chart of all future commitments to the Trust Fund for Council’s information. Ms. Taylor reviewed all of the Auditor’s Office’s proposed amendments from the attachment.

Brian Hughes, Interim Executive Director of the DIA, explained the completion dates of the projects with Trust Fund pledges through 2022 and said that the City has sufficient cash reserves that funding does not need to be moved to this trust fund years in advance of it being needed. He said that DIA is amenable to presenting information on future commitments to various trust funds when it submits further requests for their use.

In response to a question from Council Member Boyer, Ms. Taylor explained that the bill was always intended to utilize Northbank CRA funds, not the Downtown Historic Preservation and Revitalization Economic Development Trust Fund. Tom Daly of the DIA said that the 2018-19 budget was under consideration when this bill was being drafted and the Downtown Historic Preservation and Revitalization Trust Economic Development Fund had not yet been replenished. Now that it has been replenished by the budget appropriation, the DIA is agreeable to funding the project from either source. Mr. Daly said that the amendment as proposed (Northbank CRA funding) is acceptable to DIA.

In response to a question from Council Member Gulliford about the binding impact of the commitment to the project, Council Member Boyer said that all economic development project agreements contain language making future obligations contingent on availability of funding and future Council appropriations, but the City would have a moral obligation to make good on its contract absent extenuating circumstances. Attorney John Sawyer of the General Counsel’s Office explained the contingent language in economic development agreements.

AMEND/APPROVE 6-0

1. Clarify in the bill that the $750,000 Loan is from the Northbank CRA Trust Fund

2. Include the 2018 assessed value amount of $122,272 for the city-owned parcel in the bill

3. Include the DIA as one of the Oversight Departments

4. Place a Revised Agreement On File to:

a) Strike the “parking use restriction” from Section 5.3(e)(i)

b) Change all references to Downtown Economic Development Fund to Northbank CRA Trust Fund

c) Strike Section 8.6(e) since it refers to a parking garage and garage leases and is not needed

d) In Section 11.3(b) strike reference to Loan

e) Include reverter provision for the City parcel based on commencement of construction and update Exhibit C (Quitclaim Deed)

f) Correct scrivener’s errors

g) Correct exhibit references

h) Add provision requiring developer to provide an appraisal of the Project Parcel acceptable to the DIA, and at the time of disbursement of the Loan the combined value of all liens on the Project Parcel shall not exceed 85% of the then-current appraised value of the Parcel

12. 2018-647

ORD Auth 3rd Amend to Agreemt for Operation, Mgmt & Maint of Jax Bch Pier & Retail Concession with Dania Pier Management Corp. (McCain) (Req of Mayor)

Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 10/9/18

1. 9/25/2018 CO Introduced: NCSPHS,F

10/1/2018 NCSPHS Read 2nd & Rerefer

10/2/2018 F Read 2nd & Rerefer

2. 10/9/2018 CO PH Read 2nd & Rereferred; NCSPHS, F

Bill Summary Fact Sheet NCSPHS: Defer

DEFER at the Request of the Administration

13. 2018-648

ORD Auth a Subordination of City Interests to FDOT in a Slope Easement around the A.C. Skinner Pkway to allow FDOT to Transfer FDOT water from its pond on the Eastside of the Right-of-Way to the Westside of the Right-of-Way. (McCain) (Req of Mayor)

Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 10/9/18

1. 9/25/2018 CO Introduced: TEU,F

10/1/2018 TEU Read 2nd & Rerefer Renee Hunter

10/2/2018 F Read 2nd & Rerefer

2. 10/9/2018 CO PH Read 2nd & Rereferred; TEU, F

Bill Summary Fact Sheet TEU: Approve

APPROVE 6-0

14. 2018-649

ORD Auth The Air Pollution Control Specific Operating Agreemt with State of Florida, FDEP and Duval County. (McCain) (Req of Mayor)

Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 10/9/18

1. 9/25/2018 CO Introduced: TEU,F

10/1/2018 TEU Read 2nd & Rerefer Melissa Long

10/2/2018 F Read 2nd & Rerefer

2. 10/9/2018 CO PH Read 2nd & Rereferred; TEU, F

Bill Summary Fact Sheet TEU: Approve

APPROVE 6-0

15. 2018-650

ORD Approp $1,334,240.49 from "Countywide Intersec Imp/ Bridges Proj to the "Lakeside Dr Bridge Replacemt" Proj to replace Lakeside Drive Bridge; Amend Ord 2018-505-E (CIP) to Reduce Funding for Proj Countywide Intersection IMP, BRGE-Bridges" and Provide Funding for Proj "Lakeside Dr Bridge Replacemt. (BT 18-102) (McCain) (Req of Mayor)

Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 10/9/18

1. 9/25/2018 CO Introduced: TEU,F

10/1/2018 TEU Read 2nd & Rerefer John Pappas

10/2/2018 F Read 2nd & Rerefer

2. 10/9/2018 CO PH Read 2nd & Rereferred; TEU, F

Bill Summary Fact Sheet TEU:

AMEND/APPROVE 6-0

1. Pg. 1, line 30: strike “reappropriation” and insert “transfer”

2. Pg. 2, line 4: insert “of the BT” after “section”

3. Attach revised Exhibit 2 to correct CIP sheets

16. 2018-651

ORD Auth The Dredging and Dredge Material Disposal License Agreemt for Bartram Island and/or Buck Island or Future Upland Spoil Site btwn JPA and City; Providing Oversight by Engineering and Construction Management Div of the Dept of Public Works. (McCain) (Req of Mayor)

Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 10/9/18

1. 9/25/2018 CO Introduced: TEU,F

10/1/2018 TEU Read 2nd & Rerefer Bill Joyce

10/2/2018 F Read 2nd & Rerefer

2. 10/9/2018 CO PH Read 2nd & Rereferred; TEU, F

Bill Summary Fact Sheet TEU: Amend/Approve

Council Member Boyer asked for clarification of the intent of the agreement with regard to the City’s disposal rights. Paige Johnston said that the agreement is an extension of a pre-existing contract drafted by JPA’s attorney. Ms. Boyer asked that the bill be deferred one cycle so that research can be done on the City’s disposal rights and an amendment can be prepared if one is determined to be needed.

DEFER

17. 2018-658

ORD Apv & Auth CEO of DIA to Execute a 1st Amend to Redev Agreemt with Southbank Apt Ventures, LLC, to (1) Reduce Scope of Proj from 300 units to approx 185 units and reduce minimum required capital investment from $44,000,000 to 37,000,000; (2) Extend perf schedules by approx 20 months for company to obtain fee simple title to proj parcel, obtain a bldg permit for and commence vertical constrn of proj; and (3) Extend start date of the Rev Grant to compy with the Revised perf schedule and extend the term of the Rev Grant from 15 to 20 yrs; and reduce max amt of the Rev Grant from $7,880,000 to 7,810,000; Designate Oversight by DIA. (Sawyer)(Introduced by DIA)

Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 10/9/18

1. 9/25/2018 CO Introduced: NCSPHS,F

10/1/2018 NCSPHS Read 2nd & Rerefer Brian Hughes

10/2/2018 F Read 2nd & Rerefer

2. 10/9/2018 CO PH Read 2nd & Rereferred; NCSPHS, F

Bill Summary Fact Sheet NCSPHS:

AMEND/APPROVE 6-0

1.  Pg. 1, line 26 include dollar sign

2.  Pg. 4, line 3 correct formatting

3.  Attach Revised Exhibit 1 to:

a.) Correct number of units in Section 1.1 from 180 to 185

b.) Correct vertical construction commencement date to Sept. 1, 2020 from Sept. 1, 2021

c.) Correct Real Estate number on Exhibit A-1

4. Attach Revised Exhibit 2 to attach signed DIA Resolution

18. 2018-660

ORD-MC Estab Alta Lakes Community Dev District; Describing External Boundaries of "Alta Lakes CDD"; Naming Alta Lakes CDD; Naming Initial Dist Bd. of Supervisors; Amend Chapt 92 (Uniform Dev Districts), Ord Code, Sec 92.22 (Existing Community Dev Districts), to Include Alta Lakes CDD. (Grandin) (TEU)

Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 & Sec 190.005, F.S. & Sec 92.11 Ord Code -

1. 10/9/2018 CO Introduced: TEU, F, LUZ

Bill Summary TEU: 2^nd and rerefer

2^nd and Rerefer

19. 2018-661

ORD Amend the Beach Community Development District's Boundary, to Remove Approx 25.41 Acres from said District; Amend Chapt 92 Sec 92.22 to Memoralize reduction in acreage from previous Amendments and Current Amendment; Provide for Severability. (Grandin) (TEU)

Public Hearing Pursuant to Sec 190.046(1)(b), F.S. & Chapt 92, Ord Code-

1. 10/9/2018 CO Introduced: TEU, F, LUZ

Bill Summary TEU: 2^nd and rerefer

2^nd and Rerefer

20. 2018-662

RESO Auth Economic Dev Agreemt with Project Glass supporting the Expansion of the Company's Operations in Jax; Recommend Apv by Fla Dept of Economic Opportunity as a QTI Business pursuant to Secs 288.106-108, F.S.; Evidence City Local Financial Support of $135,000 under the QTI Tax Refund Prog with State Match of $540,000 for total of $ 675,000 for 135 jobs; Designate Oversight by Office of Economic Dev; Timeline for Execution of Agreemt by the Company; Affirming Proj's Compliance with Public Investmt Policy; Request 2-Reading Apv. (Sawyer) (Req of Mayor)

1. 10/9/2018 CO Introduced: F Kirk Wendland

Bill Summary Fact Sheet

Kim Taylor reviewed the Auditor’s proposed amendments. Kirk Wendland, Economic Development Officer, described the project, the company’s job creation and capital investment, and the proposed City incentives.

AMEND/APPROVE 6-0

1. Pg. 2, line 9 should reference Project Glass

2. Clarify in the bill that the Company does not currently have a presence in Jacksonville

21. 2018-663

RESO Auth Economic Dev Agreemt with Project Empire supporting the Expansion of the Company's Operations in Jax, Auth Recapture Enhanced (Rev) Grant of $3,300,000; Auth Approval of Technical Amends by Executive Dir of OED;

Designate Oversight by Office of Economic Dev; Timeline for Execution of Agreemt by the Company; Waiver of that Portion of the Public Investment Policy adopted by ORD 2016-382-E which would require in order for a Proj to receive a 50% Rev Grant for a 10 yr period, Company must create at least 10 Full Time jobs at greater than or equal to 100% of the State of FL average wage; Request 2-Reading Apv. (Sawyer) (Req of Mayor)

1. 10/9/2018 CO Introduced: F Kirk Wendland

Bill Summary Fact Sheet

AMEND/APPROVE 6-0

1. Clarify in the bill that the Company does not currently have a presence in Jacksonville

2. Attach Revised Exhibit 1 (Revised Project Summary) to clarify that the jobs requirement of the PIP is also being waived

22. 2018-675

ORD re License Agreement bet City & I3-Jax, Inc d/b/a Friends of Hemming Park (FOHP) for Operation & Mgmt of Hemming Park; Oversight by Dept of Parks, Recreation and Community Services. (McCain) (Req of Mayor)

Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 10/23/18

1. 10/9/2018 CO Introduced: NCSPHS,F

Bill Summary Fact Sheet NCSPHS: 2^nd

2^nd and Rerefer

23. 2018-676

ORD Granting a Non-Residential Solid Waste Collection & Transp Franchise to United Site Services of FL, LLC Pursuant to Chapt 380 (Solid Waste Mgmt), Part 6 (Nonresidential Solid Waste Collection & Transp Franchises), Ord Code; Designate Oversight by Solid Waste Div, Dept of Public Works. (McCain) (Council President Pursuant to Chapt 380)

Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 10/23/18

1. 10/9/2018 CO Introduced: TEU,F

Bill Summary Fact Sheet TEU: 2^nd

2^nd and Rerefer

24. 2018-679

ORD Approp $333,913.90 (A Grant of $148,000.00 from FDOT & Transfer of $185,913.90 In previously approp funds from Bay St Improvements - DIA Proj) to provide funding for Ocean and By St Drainage Improvements; Execute Construction Reimbursement Agreemt with FDOT; Amend Ord 2018-505-E to Transfer Funding from Proj Entitled "Bay St Improvements - DIA" and Provide funding for the Proj entitled "Ocean & Bay St. Drainage Improvements. Designate Oversight by Engineering & Construction Management Div of the Dept of Public Works. ( BT 18-103) (McCain) (Req of Mayor)

Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 10/23/18

1. 10/9/2018 CO Introduced: TEU,F

Bill Summary Fact Sheet TEU: 2^nd

2^nd and Rerefer

25. 2018-680

ORD Estab six-month Temporary Moratorium on the Issuance of Certificates of Occupancy and other Approvals for Adult Arcades. (Teal) (Introduced by CM Ferraro)

(Co-Sponsored by CMs Crescimbeni & Morgan)

LUZ PH - 11/7/18

Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 10/23/18

1. 10/9/2018 CO Introduced: NCSPHS, F, LUZ

Bill Summary NCSPHS: Amend/Rerefer

Paige Johnston explained a drafting error and the desire to have the error corrected for the public’s information early in the committee review process.

AMEND/REREFER 6-0

Council Members Gaffney, Boyer, Newby, Love and Gulliford requested to be added as co-sponsors

26. 2018-682

ORD Auth an Agreemt with JTA Regarding Southwest Corridor Bus Rapid Transit (BRT) improvements; to request and authorize Public Works Dept and OGC to take necessary action to create, amend and/or modify applicable permit(s) to be issued and approved by Public Works Dept. (Hodges) (JTA)

Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 10/23/18

1. 10/9/2018 CO Introduced: TEU,F

Bill Summary TEU: 2^nd

2^nd and Rerefer

27. 2018-683

ORD Approp $100,000.00 from General Fund/Gen Svcs Dist Fund Balance to provide additional funding for Project Save Lives for costs of medication used in treatment of the Opioid Epidemic; Providing for revision of the Budget; Amend Revised Exhibit 1 to ORD 2018-504-E; Providing for revision of the Scope of Svcs to include additional Medication costs and provide for authorization for execution of amendments. Request One Cycle Emerg Passage. (Johnston) (CM Gulliford) (Co-Sponsored by CM Hazouri)

Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 10/23/18

1. 10/9/2018 CO Introduced: NCSPHS,F CM Gulliford

Bill Summary NCSPHS: Emergency/Approve

Council Member Boyer said that she recently learned that there are a number of federal grant opportunities available for opioid epidemic response initiatives. Candace Hodgkins of Gateway Community Services said that the State of Florida has gotten $49 million from the federal government of which $25 million will be passed through to local governments, of which Jacksonville will get an allocation. She said that Jacksonville’s pilot program has been so successful that the number of participants will likely exhaust the available resources by next month. Mark Crowley of the Fire and Rescue Department said that an $81,000 state grant was recently awarded for additional Narcan purchases and a $1.5 million federal grant request is in process, although that grant comes with significant conditions.

Council Member Gulliford said that the pilot program has produced a 73% reduction in opioid overdose admissions at St. Vincent’s Hospital where the pilot is operating, but overdose deaths are still increasing countywide year over year.

Dr. Raymond Pomm of Gateway Community Services said that drug dealers have begun diluting fentanyl with a less potent form that does not kill the users as readily. Fentanyl is now being found in cocaine, which changes the demographics of the using population. Methamphetamine is becoming more common in Jacksonville, which was not the case until recently. Dr. Pomm said that Jacksonville’s intervention program is unique in its commitment to getting opioid users directly into treatment programs, but getting housing for drug users is a very important unmet need.

EMERGENCY/APPROVE 6-0

28. 2018-694

RESO Strongly Opposing Amendment 1 to FL Constitution, which if adopted would create additional inequities in FL's Tax System by granting certain tax breaks to some Taxpayers at the expense of other Taxpayers; Directing Distribution of this Reso; Requesting One Cycle Emerg Passage. (Sidman (Introduced by CM Schellenberg)

1. 10/9/2018 CO Introduced: R, NCSPHS, F CM Schellenberg

Bill Summary NCSPHS: Emergency fails/2^nd and Rerefer

Council Member Schellenberg called on CFO Joey Greive to discuss what a $26 million revenue reduction caused by an additional homestead exemption might mean for the City’s budget. Mr. Schellenberg said the Constitutional amendment will have a discriminatory impact on different classes of taxpayers and urged approval of the bill.

Council Member Crescimbeni said that his research found the City Council has opined on only 3 referendum issues since 1970 and urged extreme caution in taking official stands on particular amendments at either the state or local level. He said he will personally be voting against Amendment 1 but doesn’t feel it is proper for the Council to make recommendations to voters on these issues. Council Members Gulliford and Boyer echoed that sentiment about the difference between personal opinions and corporate Council stances.

A motion to declare an emergency failed 0-6

2^nd and rerefer

Chairman Anderson said that he has gotten a briefing from the administration on the City’s bond rating downgrade from Moodys as a result of JEA’s Plant Vogtle lawsuit.

Jeff Clements, Council Research Division

Jeffc@coj.net 904-630-1405

Posted 10.17.18 12:00 p.m.

Tape – Finance Committee 10.16.18 – Legislative Services Division

2018-630 Jones Brothers Furniture Redevelopment Agreement

Summary:

This bill will authorize the execution of a Redevelopment Agreement for the renovation of the Jones Brothers Furniture Building (520 N. Hogan Rd.) and an adjacent building (502 N. Hogan Rd.). The Redevelopment Agreement will provide for a grant from the Downtown Historic Preservation and Revitalization Trust Fund in the amount of $1,500,000, a loan of $750,000 from the Northbank CRA Trust Fund, with a term of 21 years at a 1.5% annual interest rate with the first year being interest only payments, along with the conveyance of a city-owned parcel with a 2018 assessed value of $122,272 for $1.00. According to DIA’s calculation, the project will generate a Return on Investment of 0.54.

The developer intends to renovate and develop approximately 28 units of residential rental apartments, approximately 10,247 square feet of retail space and approximately 1,040 square feet of office space at an estimated cost of $11,800,000. The development shall commence no later than 15 months from the effective date of the agreement and then be completed within 30 months from the effective date of the agreement.

CONCERN:

The Downtown Historic Preservation and Revitalization Trust Fund has been over committed. This started with the approval of Ordinance 2017-403-E which provided for a $4,000,000 grant for the Barnett Building (which has been encumbered) and a $4,000,000 grant for the Laura St. Trio. As stated on our hand-out for Ordinance 2017-403-E, “the Downtown Historic Preservation and Revitalization Trust Fund has enough funds for the $4 Million grant to the Barnett developer. The funding source for the $4 Million grant to the Trio developer has not yet been identified as there are not sufficient funds remaining in the Downtown Historic Preservation and Revitalization Trust Fund.” Below is a summary of pending and proposed commitments from the trust fund that could impact the General Fund/GSD.

Another project that will have a General Fund/GSD impact is the redevelopment of the Berkman II Tower and parking garage recently approved by the DIA Board (DIA Resolution 2018-09-02). According to the term sheet, as part of the incentives for the Berkman II project, there will be an $8,250,000 Operational Grant and a $3,250,000 Redevelopment Completion Grant, both to be funded by the General Fund/GSD. If the Downtown Historic Preservation and Revitalization Trust Fund is ultimately funded by the General Fund/GSD, these pending and proposed commitments could have a total impact of $17.8 Million on the General Fund/GSD over multiple years.

Council Auditor’s Office Recommendation:

The decision to fully fund, partially fund or not fund these upcoming commitments is a policy decision. If the Jones Brothers Furniture project is approved without appropriating funding to the Downtown Historic Preservation and Revitalization Trust Fund, we recommend that the DIA be required to include, as part of the legislative file with each piece of legislation, a complete list of all outstanding commitments and indicate whether or not they are funded and the source of funding. This would allow for a more formal tracking of all outstanding commitments for DIA projects and it will also provide the Budget Office an estimated timeframe on when the payments would be made for each project on an annual basis. This requirement would be similar to each economic development deal or incentive proposed by the Office of Economic Development.

Amendments:

1. Clarify in the bill that the $750,000 Loan is from the Northbank CRA Trust Fund
2. Include the 2018 assessed value amount of $122,272 for the city-owned parcel in the bill
3. Include the DIA as one of the Oversight Departments
4. Place a Revised Agreement On File to:
1. Strike the “parking use restriction” from Section 5.3(e)(i)
2. Change all references to Downtown Economic Development Fund to Northbank CRA Trust Fund
3. Strike Section 8.6(e) since it refers to a parking garage and garage leases and is not needed
4. In Section 11.3(b) strike reference to Loan
5. Include reverter provision for the City parcel based on commencement of construction and update Exhibit C (Quitclaim Deed)
6. Correct scriveners errors
7. Correct exhibit references