Minutes of the Community Redevelopment Agency Board Meeting  Held on Tuesday, August 13, 2024, at 6:00 PM City Hall Chambers, 100 E. Ocean Avenue  and Online Meeting  Present: Chair Ty Penserga Vice Chair Aimee Kelley Board Member Woodrow Hay Board Member Thomas Turkin Board Member Angela Cruz 1. Call to Order  Tim Tack, Acting Executive Director Kathryn Rossmell, Board Counsel Maylee De Jesus, City Clerk  Chair Penserga called the meeting to order at 6:00 P.M.  2. Invocation  The Invocation was given by Board Member Hay.  3. Pledge of Allegiance  Vice Chair Kelley led the Pledge of Allegiance to the Flag.  4. Roll Call  Maylee De Jesus, City Clerk, called the roll. A quorum was present.  5. Agenda Approval  A. Additions, Deletions, Corrections to the Agenda Board Member Hay requested to an update on item 16F. Chair Penserga asked to see the Night Market video.  B. Adoption of Agenda  Motion:  Board Member Cruz moved to approve the agenda, as amended. Board Member Hay seconded  the motion. The motion passed unanimously.  6. Legal None.  7. Informational Items and Disclosures by Board Members and CRA Staff:    Meeting Minutes CRA Board Meeting Boynton Beach, FL  August 13, 2024  A. Disclosure of Conflicts, Contacts, and Relationships for Items Presented to the CRA Board Member Cruz disclosed that she spoke to representatives Manny Mato and Bonnie Miskel Vice Chair Kelley, Board Member Turkin, and Chair Penserga all disclosed that they spoke to  Board on Agenda  regarding item 15A.  representatives regarding item 15A. Board Member Hay had nothing to disclose.  8. Information Only  None.  9. Announcements and Awards  None.  10. Public Comment  The public comment section of the meeting ist for public comment on items on the consent agenda or items that are not on the agenda. For items on the agenda, the public will be given an opportunity to comment at thet time each item is considered. Each speaker will be given a total of three (3) minutes to comment; however, the Board retains the right to reduce the number of minutes prior to the start of public comment. Persons making public comment may not assign or donate their public comment time to anotheri individual to allow that other individual additional time too comment; however, any persons requiring assistance will be accommodated as required by the Americans with Disabilities Act. Prior to addressing the Board, please go to the podium or unmute your device when prompted and state your name and address for the record.  Chair Penserga opened public comment. No virtual comments.  Linda Willamina, Sterling Village, expressed her support for the Circuit, highlighting her passion for the project. She mentioned her enthusiasm in meeting the Board and her discussions with staff, and she expressed her desire to continue advocating fort the Circuit. She wonderedifitcould  be expanded toi the cemetery and toi the tri-rail system. Chair Penserga closed public comment. 11. Consent Agenda  A. CRA Financial Report Period Ending July 31, 2024 B. Approval of the CRAI Board Meeting Minutes for July 9, 2024 LLC for the Properties known as Seabourn Cove - Phase II  C. - Approval of System. Audit Reports and Payments Release to Seabourn Cove Holdings  Motion:  2    Meeting Minutes CRA Board Meeting Boynton Beach, FL  August 13, 2024  Board Member Turkin moved to approve the Consent Agenda. Vice Chair Kelley seconded the  motion. The motion passed unanimously. 12. Pulled Consent Agenda Items There were none. 13. CRA. Advisory Board  A. Pending Assignments - New Assignments from the CRA Board Assigned at the  February 13, 2024 CRA Monthly Board Meeting  B. Reports on Pending Assignments  Mr. Tack mentioned that the CRA Advisory Board met on August 1 and reviewed the Cultural District. He stated that the Board will review the Industrial District at their September Meeting.  14. Old Business  A. Update on Negotiations with Maple Tree Investments in Response to the Second RFP/RFQ for the USPS Project on the CRA-owned Property located at 401-411 E.  Boynton Beach Boulevard  Mr. Tack stated that this is earmarked as a new retail operation for the United States Postal Service (USPS), which is currently located at the CRA owned property, 217 N. Seacrest Boulevard. He explained that on July 19, 2024, CRA staff received a letter from MTI offering a purchase price of the properties in the amount of $817,000, which wasa $100,000 reduction in price from the original purchase offer of $917,000. He stated that USPS also provided a request for a revised purchase price of $817,000, andMTI also verbally requested that part of the terms of the Purchase and Development Agreement would be to close on the properties once MTI had ai fully executed lease from USPS and the building permit was issued. Chair Penserga asked if there are any comments from the Board, there was none.  Richard Hancock expressed his gratitude.  Mr. Tack asked for direction from the Board and said that they will come back with a draft  Purchase and Development Agreement within the next two meetings.  B. Presentation on Extension of the Boynton Harbor Marina Fuel Dock Hours and the Costs Associated with Management of the Extended Time REVISED 08/13/2024 Brian Smith spoke about keeping up the marina findings for 6 months and stated that hei is there for any questions. He said that the morning hours were not as good as the afternoon. Board Member Turkin thanked Mr. Smith and said that he was sad to see that the morning was not great, but there was room for improvement. He asked who was purchasing the fuel after hours. He mentioned that he keeps receiving text messages that the location was not open early  enough.  3    Meeting Minutes CRA Board Meeting Boynton Beach, FL  August 13,2024  Mr. Smith stated that they sit out there a lot without having any boats in the marina. He spoke Board Member Turkin spoke about being int favor of looking at extending the summertime hours. Mr. Smith discussed times during the year when he recommends extension of time. There was discussion regarding the times when they should be open earlier in the year. Board Member Hay stated that he agreed with the discussion regarding the times when they  about different situations and holidays when there are fluctuations in people.  should open.  Vice Chair Kelley and Board Member Cruz agreed.  Chair Penserga opened public comment. No one camet forth., andi there wereno virtual comments.  He closed public comment.  Motion:  Board Member Turkin moved to approve the recommendation to change hours back to 8:00 AM and from May 15 - Through Labor Day' Weekend until 6:00 P.M. Board Member Hay seconded  the motion. The motion passed unanimously.  There was discussion to start the new hours before Labor Day.  There was consensus to begin next year and not within the next several weeks.  C. Circuit Transit Inc. 1st Quarter Report for Service Dated March 23, 2024 - June 30, Alana Wartsman, Circuit Public Partnerships Manager, stated that it has been fun working with our staff. She spoke about the following: About Circuit; The Leader in On-Demand EV services; Technology- Rider App and Driver App; Coastal Cruiser; Technology- Data Reports and Ongoing Jason Bagley, Circuit Partner, continued as follows: Boynton Beach Ridership- YTD; launched March 23, 24024 to August 2024; Boynton Beach Survey Results (July 2024); Events and Board Member Hay said that they are doing a great job, and asked how the initial startup was Mr. Bagley said that we started in an off-season time and things are starting toi increase. Board Member Hay thanked them for coming to the last Community Meeting. He said that it is disappointing that District 2 does not have a lot of riders and that they continue to come back to  2024. - REVISED 08/13/2024  Improvements; and Boynton Beach Ridership.  Community; and Questions.  compared to other cities the same size at Boynton Beach.  the community meetings, to increase ridership.  4    Meeting Minutes CRA Board Meeting Boynton Beach, FL  August 13,2024  Ms. Wartsman stated that they are happy to come out and be a part of the events that we have. She said that they can send out marketing to the Boynton Beach residents as well. Vice Chair Kelley suggested that they have more community outreach to spread the word, beyond  aflyer.  Ms. Wartsman thanked her for the feedback and said that they will work on it. She said that residents on various social medias talk about their ride.  Vice Chair Kelley thanked themi for the information about the grants, and going above and beyond. Board Member Cruz thanked them for all of their work that they have done, and asked for them Board Member Turkin stated that the CRA is bound to what they can spend, but that he loves that they brought up the grant opportunity. He spoke about target mailing and noted that once they Board Member Hay asked staff about charging more to have this available outside of the area. Ms. Rossmell stated that they are confined, but it can be translatable to the City, after the pilot program. She mentioned that in the meantime, if the City was interested in expanding services, the interlocal agreement could be amended, but would need to pay for the services. Mr. Tack stated that the item will come back in September for renewal. He also mentioned that they have the ability to expand within the CRA, but the demand might not be there. He agreed to  to come to other parts of the City to spread the word.  have a downtown, ridership will grow.  look into it further.  Chair Penserga asked staff to explore the options.  D. Continued Discussion and Consideration of Fiscal Year 2024-2025 Project Fund Vicki Hill, CRA Finance Director, spoke about the following: Overview of Their Tax Increment Revenue; Debt & Operating Expenses; Tax Increment Revenue Funding Agreement; and  Budget  BBCRA Fiscal Year 2024-202 Project Fund Worksheet. Board Member Hay asked about the Marina sea wall.  Mr. Tack spoke about the pre-disaster mitigation grant that they were awarded and mentioned Ms. Hill said that next month will be the final budget, although there might be some changes.  that it was a part of the grant.  E. Discussion and Consideration of the Waiver of Deadline to the Interlocal Agreement between the City and CRA for the CRA District Streetscapel_-gnting Improvements  5    Meeting Minutes CRA Board Meeting Boynton Beach, FL  August 13, 2024  Mr. Tack spoke about the history of the ILA. He said that the City has requested a waiver of the deadline. He also noted that they are looking at approximately $60K that the City may ultimately reimburse. He stated that the agreement will terminate at the end of the fiscal year, and any uncompleted projects that the City would like to pursue would be added to the master ILA and  amended within the budget.  Board Member Turkin stated that he is in support of this.  Chair Penserga opened public comment. No one came forth. He closed public comment.  Motion:  Vice Chair Kelley moved to approve the Waiver of Deadline to the Interlocal Agreement for the CRA District StreetscapelLighting Improvements waiving the time period in which the City may request reimbursement as outline in paragraph 4 of the ILA and authorize the Board Chair to execute subject to final legal review. Board Member Hay seconded the motion. The motion  passed unanimously.  F. Discussion and Consideration of the Third Amendment to the Interlocal Agreement between the City and CRA for the Historic Woman's Club of Boynton Beach located  at 1010 S. Federal Highway  Mr. Tack stated that they are looking for the approval of the third amendment of the ILA. He spoke about the history of the amendments, and what this amendment is for. Chair Penserga opened public comment. No one came forth. He closed public comment.  Motion:  Vice Chair Kelley moved to approve the Third Amendment to the ILA with the Cityf for the HWCBB and allow the Chair to execute the Third Amendment. Board Member Turkin seconded the motion.  The motion passed unanimously.  G. Discussion and Consideration of the Economic Development Grant Program Mr. Tack stated that there were no substantive changes to the program guidelines except for adding political offices, campaign headquarters or other businesses focused on politics or political operations as an ineligible business use for grant funding. He said that staff would like to Chair Penserga opened public comment. No one came forth. He closed public comment.  Guidelines and Applications for Fiscal Year 2024-2025  incorporate the applications into an online portal.  Motion:  Vice Chair Kelley moved to approve the FY 2024-2025 Commercial Rent Reimbursement Grant Program Application, and the FY: 2024-2025 Commercial Property Improvement Grant Program  6    Meeting Minutes CRA Board Meeting Boynton Beach, FL  August 13, 2024  Application as presented and pending any final review from CRA legal counsel. Board Member  Hay seconded the motion. The motion passed unanimously.  H. Continued Consideration of Candidates for Selection of New Executive Director -  TABLED 07/09/2024  Motion:  Board Member Turkin moved to remove the item from the table for discussion. Board Member  Cruz seconded the motion. The motion passed unanimously. Ms. Rossmell spoke about the applicants and their options. Mr. Tack clarified that two candidates withdrew. Mayor Penserga asked for feedback. them, so he would like to readvertise. There was consensus from the Board.  Board Member Hay said that they have three candidates, and he is not comfortable with two of  Ms. Rossmell asked how they would like to proceed.  Chair Penserga stated that sometimes a headhunter could be a good option, but sometimes it  does work out. He asked Mr. Tack what he would do differently. Mr. Tack discussed options for readvertisement.  Board Member Kelley asked if we could do a hybrid option. She said that she heard that the City has a contract for staffing and asked if the CRA could utilize the services the City already Ms. Rossmell said that they might be able to piggyback off of any agreement that the City has.  has.  Board Member Kelley clarified what she means by hybrid. There was consensus on doing the hybrid option.  Chair Penserga opened public comment. No one came forth. He closed public comment.  15. New Business  A. Discussion and Consideration of Tax Increment Revenue Request from BBI North LLC Mr. Tack stated that BB North submitted an application for Tax Increment Financing (TIF) for the project known as The Villages. He explained that BB North purchased the propertyi in May of 2022  for The Villages located at 405 E. Ocean Avenue  7    Meeting Minutes CRA Board Meeting Boynton Beach, FL  August 13, 2024  from the previous owner who had obtained site plan approval for a mixed-use project, BB North worked to make various changes to the site plan through a minor modification that was approved on September 27, 2023.He further explained that BB North is currently going through their third round of permitting with the City's Building Department, and BB North's pending application requests 95% oft the Project TIF up to a maximum of $12.5M. He said that the CRA staff received an Evaluation of the TIF request from Abramson & Associates, Inc., who was hired by the CRA Manny Mato, BB North LLC representative, stated that it has been great working with staff. He spoke about the following: Background of the Project; What can they offer the City; Renderings; Location Map; Corner Park; Request; Public Benefits; Project Details; and Site Plan. Barry Abramson, Abramson & Associates, Inc., joined online. He spoke about evaluating the proposal, and thei financial estimates for the developer. He mentioned that there was one estimate that jumped out tol him, which was the real estate taxes because iti is higher than they have seen. He said that he pushed their number down to the high-end of the range, which reduced the subsidy gap. He spoke about the TIF amount that is being requested. He said that their financial gap could be satisfied with $9.1M over time. He spoke about different elements that are being considered, his recommendation is that this is reasonable, and that it is up to the Board if they Board Member Turkin thanked them fori investing in Boynton Beach. He said that as of right now, the $12.5M is way too high, and he asked what their worst-case scenario is, if they do not receive Mr. Mato stated that he would ask for some flexibility in terms of the maintenance cost and that the City have reasonable rates. He mentioned that without the money, they cannot start. He said that the site plan approval will eventually expire and they may! have to sell the property. Board Member Turkin spoke about nothing being built downtown in their time on the Board, and that it is about time that something starts. He spoke about loving the open space format. Mr. Mato spoke about the project being basically ready to go. He mentioned that development projects take a long time, and what the typical timeline is, and said that they are at the finish line, Board Member Turkin said that he would support the recommended $9.1M TIF, but he cannot  as a third-party financial consultant to assist in reviewing the TIF request.  want to do any negotiations.  the $12.5M.  and they. just need the financials to go.  swallow the $12.5M.  Mr. Mato spoke about the projects that are needed in the area. Board Member Hay asked about parking spaces downtown.  Mr. Mato spoke about the residential, commercial, and guest parking spaces. He said that they Board Member Hay mentioned that he has a problem swallowing the $12.5M, and that he cannot move forward with it, since the recommendation is $9.1M. He said that he would like staff to do some more negotiating, to see if they can come up with something more reasonable.  felt comfortable with the parking spaces that they have ini their project.  8    Meeting Minutes CRA Board Meeting Boynton Beach, FL  August 13,2024  Mr. Mato discussed the report, and that $9.1M is lower than expected, and that they can bring Board Member Hay said that he agrees that they need to move forward and have a project going  their number down a little.  in this area, and that he hopes they can work something out. Chair Penserga said that there is noi formal agreement.  Vice Chair Kelley said that she needs some clarity regarding parking numbers.  Bonnie Miskel, on behalf of the applicant, spoke about the parking study that was done. She stated that staff did not review it, but they could go back and amend the site plan. She said that they are comfortable that if they would have done that process, they could have lowered the number of spaces. She mentioned that the City just cares that the spots are built. Vice Chair Kelley asked if there is a plan to meter the guest spots.  Ms. Miskel spoke about the spaces being metered and that it would be up to the CRA and would  need negotiation.  Board Member Kelley asked if the norm is to charge for guest parking.  Ms. Miskel stated that in traditional buildings, that are mid-level, they are absolutely seeing a pay  for parking fee. She said that it is normal.  Mr. Mato said that there are 145 spaces, which is 25 more than what is required.  There was further discussion regarding parking spots; parking revenue; leasing the public parking Board Member Cruz said that she agrees with the Board, and that she believes that staff can negotiate this. She mentioned that this is a key corner of downtown, and that by doing nothing, they lose money. She said that they appreciate the public park. She spoke about guest parking Vice Chair Kelley spoke about the TIF dollars and how important is it to have a mixed housing in Chair Penserga stated that he concurs with most oft the comments madei tonight and directed staff  spaces' public park; and green space.  and paying for parking.  the downtown, including affordable housing. to continue further negotiations.  B. Discussion and Consideration of the Purchase of 321 E. Martin Luther King, Jr. Blvd. Theresa Utterback, Development Services Manager, displayed a location map for this property.  She spoke about the purchase price and closing costs that were agreed on.  Board Member Hay asked how much the closing cost is. Ms. Utterback stated that it is usually $3,000-$3,700.  9    Meeting Minutes CRA Board Meeting Boynton Beach, FL  August 13, 2024  Board Member Hay recommended to offer $375K and the seller pay the closing cost.  Chair Penserga agreed with the recommendation. Vice Chair Kelley agreed and spoke about the selling price.  Board Member Cruz agreed as well.  Ms. Utterback clarified $375K with Purchaser and Seller paying their own closing costs. Chair Penserga opened public comment. No one came forth. He closed public comment.  Ms. Rossmell clarified the approval amendment.  Motion:  Board Member Cruz moved to direct staff to create an agreement for the property located at 321 E. Martin Luther King, Jr. Boulevard for an amount and terms as determined by the CRA Board and bring the Purchase and Sale Agreement back to the Board for approval and signature. Board  Member Hay seconded the motion. The motion passed unanimously.  C. Discussion and Consideration of Attendance at the South Florida Business Journal Mr. Tack stated that this is between 4:30-7:30 PM. He spoke about the nomination that they got  2024 Structures Awards on September 19, 2024  and asked who could attend. Vice Chair Kelley said that she could go.  Mr. Tack said that they will have one free ticket and could purchase more, if needed.  D. Consideration of Registration and Travel Expenses to Attend the Florida Redevelopment Association 2024 Annual Conference on October 22-25, 2024 in  Tampa, FL  Mr. Tack spoke about the FRA Conference and said that they have it budgeted for all five Board  members to go.  Board Member Hay said that he will go.  Board Member Turkin said that he has not made a decision to go, yet.  Vice Chair Kelley would like to go to a portion ofit. Board Member Cruz would like to go to a portion ofi it. Chair Penserga stated that he intends to go.  10    Meeting Minutes CRA Board Meeting Boynton Beach, FL  August 13,2024  Board Member Cruz asked ifi it is budgeted for staff to go.  Mr. Tack affirmed.  16. CRAProjects in Process  A. Neighborhood Officer Program 3rd Quarter Report for FY 2023-2024 (April 2024 -  June 2024)  B. Boynton Beach Night Market Recap  Gabriela Ferreira, Marketing and Business Promotions Coordinator, provided an update on item 16B. She played a video of the event and also mentioned that the video is on their social media. Vice Chair Kelley spoke about what great of an event this is. She asked if we are going to do an  additional day next year.  Ms. Ferreira spoke about having the events over two nights next year. Board Member Hay said that it shows that the people of Boynton Beach are hungry for events, and that everyone was having a great time. He said that it was well organized.  C. Social Media & Print Marketing Update  D. Social Media Outreach Program 3rd Quarter Report for FY 2023-2024 (April 2024- F. MLK Jr. Boulevard Corridor Mixed Use Project (d/bla Heart of Boynton Village Mr. Tack provided an update on item 16F. He spoke about the following: west building kitchen; west building club room; west building leasing office; west building conference room; west building  June 2024)  E. CRA Economic & Business Development Grant Program Update  Apartments) Update - August 2024  lobby; west building mailroom; and west building fitness room. Board Member Hay's asked about occupancy. Mr. Tack said that they are fully leased out. 17. Future Agenda Items  A. Project Update in Accordance with the Tax Increment Revenue Funding Agreement (TIRFA)with BB1 Development LLC (aka Hyperion Group, LLC)("BB1") for the Ocean B. Discussion and Consideration of the Adoption of "Exhibit A" to the Interlocal Agreement between the Boynton Beach CRA and the City of Boynton Beach for Funding Construction and Professional Services September 2024 . Semi-Annual Progress Report for the Development Agreement with Wells Landing Apartments, LLC d/bla Heart of Boynton Shops (March - August 2024)  One Project- September 2024  11    Meeting Minutes CRA Board Meeting Boynton Beach, FL  August 13, 2024  D. Semi-Annual Progress Report for the Purchase and Development Agreement with Wells Landing Apartments, LLC d/bla Heart of Boynton' Village Apartments (December  2023. - May 2024)  There Deing no further business to discuss, the meeting was adjourned at 7:52 P.M.  G4 0 Maylee Dedesus, MPA, CMC  City Clerk  12