I'm going to go to the next page. I'm going to go to the next page. I'm going to go to the next page. I'm going to go to the next page. I'm going to go to the next page. I'm going to go to the next page. I'm going to go to the next page. this meeting of the Boeytan Beach Community Redevelopment Agency is now called to order. Let me remind everyone of our rules and civility and decorora. Speakers must first be recognized by the chair and may not interrupt any other speakers. Public comments must be addressed to the board as a whole and not any particular individual on the dius or the audience. Let's proceed to the invocation led by board member Kelly, followed by the Pledge of Allegiance, led by board member Cruz. Let's all stand for the invocation and the Pledge of Allegiance. Good evening. Please join me for the invocation. As we gather this evening to discuss matters that impact our community, let us take a moment to pause and reflect. We ask for wisdom and our deliberations that we may make decisions that reflect fairness, compassion and a commitment to the greater good of all of our residents. Grant us the vision to serve our community with integrity and to work together in a spirit of cooperation. May we be guided by the values of justice, respect, and responsibility as we carry out our duties, and may our actions promote peace and prosperity for the future of our city. We offer this time of reflection in the spirit of unity and service to our community. Amen. I'm a United States America. I would like for which it stands, one nation under God, indivisible, liberty and justice for all. Thank you everybody. Let me turn to our deputy city clerk Tammy if you could please begin the roll call. Board member Kelly. Here. Board member Turkin. Present. Board member Cruz. Yeah. Vice Chair Hay. Not here. Chair Sulton. President. Chair, you have a quorum. We are now moving on to additions, deletions, corrections to the agenda. Would any of the board members like to make additions, deletions, corrections to the agenda as published? Yeah, I'd like to postpone the agenda item regarding Hurricane Alley. Table that for the next meeting. Or do a special meeting concerning that. Board Chair respectfully, if you would entertain the motion to table at the time it's presented on the agenda, that would be correct. Thank you. Mr. Turkin, is that acceptable? Fine by me. Thank you. Madam Chair, I have an additional correction to your agenda. I feel entertained. One of the grant applicants has entered a DBA change to their name. So, bointin beach dentistry should be changed to AJF dental LLC for purposes of the packet in adoption. Now do we just go one two? I just want to hear. Chair, during this, we can also, we have items under 16. And normally, if there's any items under 16, that the board would like to hear, it's usually updates or two social media or development. We ask so that staff for the benefit of the staff, they don't have to stick around if we don't want to hear about it. So just so you know, but I do want to get a brief update, Tim, I know that we have on consent several heart of point and shops. And so I would like to kind of just get an update since a lot of those are on consent as far as the status of that so we can hear it either at 16a, which is fine. Unless you feel like it would be more appropriate at a different time. But otherwise, I think that that's probably, or under eight, a, I guess we could hear it under eight, a two. Well, either way, 16 A, we have an item prepared to talk about all of them. And this is status. I'm not sure if we have any present they may want to speak on behalf, but they could speak during public comment. Right. So maybe we can hear 16A kind of an update on all of the heart of point and under 8A at the same time. Okay, perfect. Thank you. I do want to add to a future agenda and I'm open to the date based on board recommendation but it would be potentially if the CRA does end up sunsetting can we have a discussion before that happens with regard to the Andrews House and the Magnus House. and seeing if we could have the CRA take the lead on that, kind of going forward. Madam Chair, I apologize. I need to correct myself. The change was for AJF Dental. Their new DBA is Boyne Beach Dentistry, so I apologize. I forgot. You're over here. We're over here. Chair. Vice Chair. So I did mine. if Commissioner Cruz or Board Chair Cruz added something to the Board member, Cruz added something. So now you can just double check with Vice Chair. Do you have anything that you want to add? No. Not there. So, a board chair. Typically with 16 A or excuse me, items 16 B and C that we haven't talked about. I'd just like to see if there was any of those specifically that the board would like to hear tonight. And if not for the benefit of the staff's time. Yes. No, thank you. I pulled the one that I wanted to hear about. I agree with the remainder of the board. Thank you. I'll go ahead and make a motion to approve the agenda as amended. Second. Commissioner Haye. I agree. We have a motion to approve. All those in favor of the agenda's presented say aye. Aye. Motion passes unanimously. Now let's turn to legal council. Are there any updates? Good evening, board. Catherine Rosma with Lewis Longman and Walker. And I do have some updates for you tonight. Before you on the day as well as with the clerk is a copy of a current bill that is traveling through the legislature. This bill, you may have heard of it, it's House Bill 991. Would severely impact the function of CRAs in the CRA if it's passed in its current form. It's being referred to as the death knell for CRAs or the wind up here affairs bill. So we wanted to bring it to your attention. You may remember for those of you who've been sitting up here while there was a CRA bill a couple of years ago that changed how CRA's function. This is not like that. This is fairly much a termination of CRA's effectiveness after October 1st. Some parts of the proposed legislation would have no effect on the CRA. There are changes to a required termination date for CRA. The CRA will sunset and is not available to extend past that, so that part does not affect us. There's a portion of this bill that would prohibit the creation of new CRAs. We are obviously here tonight, so that does not affect us. But the portion of the bill that would affect us is it would prohibit the CRA from undertaking any new projects after October 1st of this year, it would also prevent us from taking any, from undertaking any new bonds, which we don't typically do. But there it would be an extremely significant impact on the way this CIRA operates if it were to pass. So I wanted to bring this to your attention, one, so the chair aware of it, and two, so that I could see direction as your legal counsel as to how you'd like for us to proceed. We could simply monitor the bill as it exists and I can report back to you next month. We can opt to send letters to the appropriate representatives in the Congress and both houses or either house. If that's your direction, you also have the option to engage a lobbyist. Our firm does have an open legislative matter with you. We do periodically do legislative work for you as the occasion arises. I would need a new contract executed, so if that's the desire, I would need your authority to have Mr. tax sign the agreement. And that's simply so that our lobbyists can appropriately register, but it would be still under the normal legal services that you review, which is a separate signed contract. And my firm has agreed to do that. It was a very discounted rate for what they normally charge for this out of respect for our long-standing relationship. So I am happy to provide you the details on that if you're interested in moving in that direction and anything else that you guys might like to do. But I did need to ring that chair attention tonight. I'll also just add as a final thought this is the third week of session and so if there is something to be done tonight is the night to opt to do it tonight is the night to opt to do it and by the next time we meet it will probably be too late to have any impact so with that I would just invite your discussion. Let's take public comment on this item are there any public comments on this? Susan Oyer-Bointenbeach, I think you should be actively engaging them and take advantage of their lobbying power and see what we can do. I am not the world's biggest fan of CRA, but I certainly don't want to see this go down the toilet in a matter of a couple months where you don't have time to properly prepare and do what needs to be done as a CRA board for the benefit of our city for the long term. I think you need more than just a handful of months. So I think it's definitely worth engaging their firm and their lobbyists to move forward on that. I don't, I think you should also actively be discussing this in League of Cities and seeing what you can do as a group, whether it's our county or just a handful of cities that decide to work together. Because obviously every city doesn't have a CRA and it's not applicable in every case. But I would definitely think you all should be, you know, ganging up on this and this is Palm Beach County with a crapload of money and I would think that you should be talking it up and see what we can do in all the cities that it applies to because this is just unacceptable, the overreach of the governor and this is yet another example of overreaching. And I mean, we all recognize I think this is a political move to make him look good and or his wife for future runs. But this hurts our cities to such a great level. Beyond the live local crap that we're all having to endure. So I think it's time to stand up. And I think engaging them and they're willing to do it for a discounted fee. And there's no three minute clock, so I guess I can talk. And definitely, that's scary when I'm up here, because I will. But that would be my suggestion as take advantage of that. Thank you for your time and it is less than three minutes because I have an internal clock. Thank you next speaker please. Well, Dithalco de Carrotto. I concur in the fact that I'm not a favor to the CRA because I've seen them hurt too many people with eminent domain taking properties that should not have been taken from people actually stealing it which is illegal but again under the CRA they're allowed to do that. I would like them to finish the projects that are at hand, such as the Andrews House, and to be able to implement that and have the monies and funds for that. So if that's a reason to lobby, I wouldn't take on any new projects. I would finish the ones that you already have. I would look at them seriously and let's get them passed if they're agreed upon amongst the people. other than that, I think that it needs to, again, that was created to take people's property. I'm sorry, and that, to me, is the worst thing in the world. I've known to many people that happened to. They were devastated. They lost their homes. They lost things. So again, I think that even the lobbying for a little more time, if that's what it takes, to get the projects at hand completed. But I think it should come to a stop. Thank you. Thank you. Next speaker please. Good evening. My name is Flynn Holland and this is a very big vote that dropping out the CRA and all the funds that it does for all of our communities would be devastating. My suggestion is when we find out who the representatives are that we can get a hold of it if we could be on social media, pass it on to the public so the public can then do a letter writing campaign because the more of us involved and the better off will be especially in legislation like this. So thank you. Thank you. Public comment is now closed. Wouldn't any of my colleagues like to make a motion? I have a good name. For discussion. Discussion? Yeah, we, I would like to, I mean, I don't think we need a motion before we have discussion about it. So we do have, the city has a lobbyist who is working very hard on this as well as some other bills that affect the city. I am, I would consider having an additional lobbyist if we felt like that was kind of the way of, you know, to go, I feel like kind of the more the merrier. My, I have been staying on top of this bill. It is slowly moving through, but it is moving through. There are both Representative Kisello and Representative Kuroso have voted against it. It's very much a party bill. It is being voted on and supported by party lines. And so it is very important that we're reaching out to, like one of the members of the public said, to not only our representatives, but the representatives who are supporting this bill as started in the house, but it will likely work its way through, it's working its way through the committees. So I know our CRA, I mean our city lobbyist is actively working on this bill and has been in touch with many representatives. But I would, if it's the will of the board to support additional lobbying, I don't think that that hurts in getting the word out. But, you know, like one of the public members said, it's important that the residents are reaching out to and really expressing how important this CRA is to our community and really changing the, you know, the future for our city. So those are my thoughts on that, but I want to hear what my colleagues have to say also. Thank you. Board Member Kelly, thank you for your thoughtful comments. I happen to agree with you 100%. I think that it's important for us to get additional lobbying services. And I wasn't really aware of what are, you know, that if our city lobbyist was working on this so he's officially working on on this bill. Okay, I would definitely support obviously that and then getting additional lobbying support because we need all hands on deck. We understand as you mentioned with party lines involved we want to make sure that maybe somebody within the same party affiliation can say this is concerning to local governments. And I too would agree with my colleagues. I feel that we need to do whatever we can because this is that important to us in addition to doing the lobbyists and everything. I think we should also send others to try to persuade or whatever the word that I should be using the others. Whatever we can do to make this be in our favor, we need to do it. Because, and then I like to see a list of, and maybe this could be one on one, or I don't know, maybe we just share it, but what do we have in the hopper in terms of the October one date? I think I know most of them, but it would be to our advantage to know for sure the impact between nine October 1st, what projects are out there that we need, we will probably make decisions on that already out there and et cetera, et cetera. So we need to just know where we are. So we know how to get where we want to go. Chair, if I may, or Katherine, what is the estimated cost of doing additional lobbying for your firm? Yeah, so unlike your ordinary legal bills we bill on an hourly basis, our lobbying our works a little bit differently. It is one set fee, in your case it would be $30,000. However, they agreed to allow payment over a series of three months to spread it out. Just for context, in a very similar effort for DDA's last year, my firm represented that effort, very similar effort. The cost was $60,000. Again, just out of respect for the long-standing relationship, they've offered the discount, but it is a block bill. So it cannot be increased to be on that, but it also will not be decreased from that. So I definitely understand the sentiment for my colleagues on fighting this but what I don't want to do is use $30,000 for something that may already be a done deal in Tallahassee. As you guys know, you know, anything that goes through the committee continues to grow legs and get strong support is very hard to come back and tell a happy and I think $30,000 a taxpayer dollars would go a better way for small businesses. I think we can utilize this funds and other mechanisms versus an uphill battle. I hear you saying, one moment we're talking, but in this case, because of the impact, I think that $30,000 is well spent based on the future impact that it will have on our city and what we're doing. So there have been other times when I would think the way you think it now But in this particular case and based on what we have on the table I think that's 30,000 dollars well spent true for our future Here's a CRA board and and the impact that that would have I just think this is a tough battle to fight I definitely want to spend the money money, but I just think this has so much support, and this is one of those things that, no matter how many municipalities get involved, you see people turning away from the constituencies to go for this bill. I think, I just don't want to waste money. And I'm not going to support moving forward with this because I see how strong momentum this bill has right now. And I just think we could use those dollars for local businesses. Yeah, it's, thank you for that feedback board member. I mean, I didn't realize what the amount was. However, it's a tough one. I know we spend a lot more than that. I believe we do spend more than that on the city side for lobbying services. So I think this is something that we need to fight back on. I think it's something that we need to be able to make local decisions at the local level. And that's definitely being taken away from us. I do have concerns with, you know, if this does end up passing. And again, it's a gamble, you know, we can hire someone to lobby and as you stated, it could very well go the same way regardless. But there's also a possibility of people finding out about this at the local levels in multiple cities all around the state and really reaching out to their elected officials and saying this is unacceptable and we will not stand for this. So I think that the more we can express that, whether it's at the actual lobbying side and also on the resident side and the grassroots side, I think it's important. So I'll go ahead and support this. Any other comments? No motion to direct legal council to engage in legislative process. Bye. Okay. Engaging in lobbying services. I'll second that motion. And for clarification, will you allow Mr. Tach to execute the contract on behalf of the board? If that's the normal process, that's either the chair or the, yeah, that's fine. One question I have I guess you should ask before. The current lobbyists and your efforts are they joined together or do you guys collaborate in any way to know what each of you are doing? I have not spoken with the city lobbyist. However, I can direct our lobbying team to reach out. I do know that our lobbying team is aware of efforts with the FRA, Pompano and Delray as well. And so they, and he expressed to me when I was talking to him that he would seek to coordinate and have a coordinated attack with it. So I can provide him your lobbyist name and ask that he do so. Okay. Thank you. That helps. So we have a second. the most important thing to do is to ask the most important thing to ask the most important thing to ask the most important thing to ask the most important thing to ask the most important thing to ask the most important thing to ask the most important thing to ask the most important thing to ask the most important thing to ask the most important thing toures by board members and CRA staff. I do not have any informational items with regard to this specific meeting of today. Or a number, hey? I do not have any, any, also, but, well, I'll wait till we get to, we don't, yeah, we are. I would like to say about the first Friday was very interesting. And the crowd was, was having a good time. Okay so I think our staff is just doing an outstanding job in those areas and looking forward to to many more. Board Member Kelly do you have anything to disclose? No I do not have any just losers or informational items. Thank you. I have no disclosures either. We're moving on. Let's move on to the next portion of the agenda which is public comments. Madam Chair, if you will allow me to clarify for the record that in this section the board accepts public comments for items not on the agenda as well as for the consent agenda. Hold on, we're on information only. We're on 8A. So we're not in public comments again. I'll give you updates on this. Yeah, so you can just, so what, you can just read. Okay. On A, the semi, the semi annual progress report for the development agreement with Wells Landing Apartments, LLC, DBA Heart of Boiton Shops. Do you have an update on that? Yes, good evening, Barton Tentac, acting executive director. If you're not familiar, the MLK project is providing 124 affordable multi-family rental units and is currently all leased up. They have been leased up. They're continually operating as well as making progress towards the build up for the A commercial spaces. We're very excited about that. The items before the board tonight is in accordance with their purchase and development agreement as well as their TIF agreement. They have provided the obligations as set forth and provided the annual and the semi annual reports. They are they have been reviewed by staff and are complete. If you have any questions or regards that would be happy to go over them. Additionally, I have Bonnie Nicholon, who will be talking about some update on the commercial component as well as the status that was a part of our projects and progress. Good evening, board. Bonnie Nicholon, grants and project manager. So things are moving along with the heart of point and shops. We're super excited to say that six of the eight units have passed underground permit inspections and we're working towards starting the concrete pour, hopefully in the next very near future, week or two weeks. We have a tentative lease in place for the remaining two units. It'll be a primary urgent care. And that is pretty much the general update. We do have two of our businesses that are on the shops here tonight under a consent agenda for their grants. We have JB Dental and the law office of Diane Andre. So we're really excited to have them as part of the community and we'll be celebrating all of their buildouts very soon. Yes. Question. Units 104 and 107. There'll be using a different contractor. Correct. Will they, are we monitoring whether or not they meet whatever it will stand as that we have? They have provided documentation of their license general contractor in the state of Florida. They're licensed and insured and able to perform the work. Their obligations are directly to the tenant, so we have no contractual obligation. However, we do have them placed in the administrative procedure in which funding for those will be dispersed. Is there a particular reason that you can share why 104 and 107 went that direction? Some of, sorry, I got money. No, go. Okay, a lot of it has to do a cost. They felt that they could get a better deal through a different contractor. Some of it was timing. They felt that they could get it done faster as well. Obviously we don't want to be able to control what the, you know, we don't have any control over the tenant. That again is their contractual relationship. So they have exercised their right to move forward in that way. Okay. Thank you. I do have a question. Do we, I guess the answer is no, but do we require local hiring when we give out taxpayer dollar grants to local businesses? There is preference and language in Catherine might be able to word it better than mine but there is preference that they use local Palm Beach County contractors but it is not Boehm Beach restricted like city limits as the county. All right and for the rental system when I was kind of getting ahead of myself because there are different different kinds of grants, right? We have the construction grant and then we have the month to month, first year reimbursement of half the rent grant. As we approve these grants, it would be really good for us to really think about opportunities to create local jobs. or as we're creating local jobs to provide a preference for a boy and beach residents to get those jobs. So I wonder if there's any and maybe we can have a discussion at another time, but it's just a thought that I'm having as we're approving this grant of like what can we do to make sure that we can increase local hiring for our local residents. All right. Or if that's something that the board agrees with. We can certainly, I mean, we evaluate our process every year annually. And this is certainly something that we can explore to see if we can hone in that if it's the well of the board. If it's the well of the board. We do have the developer online if anyone has any questions for him. We do have any representative from Centennial Management. If you do have any questions regarding the report or the status, you're more than welcome to direct them. Just one other question of clarity. The timeline for our tip dollars is that on schedule is everything any any challenges there? Not at the moment. We do have a tip agreement in which they're entitled as soon as they're in the tax role and they make the They make the reimbursement request and accordance with that agreement then then we'll be looking at that, but that will come through like our typical payments that we've had requests for, you know, with the differ that was on the agenda tonight as well, it will be in that same manner. But they're not yet there yet. In for clarification, the developer is ineligible to receive TIFF until we actually receive the funds for it. So there is no danger that we would owe money before we received it for the property. Okay. Thank you. Any other comments? No? Thank you. Okay. Moving on to nine announcements and awards. The point and beach spring market announcement. Mercedes Copen will be introducing this item to go over. We're very excited and try to buy some time when she walks up this way so that it's not uncomfortable really quiet in the room. We're very excited and. Good evening. Good evening board. I'm Mercedes Copen, business development and promotions manager. Oh, you can grab. Thank you. Can you go? Okay. Thank you. We are very excited as Tim said for this year's spring market. This is our business promotional activation that will take place on this Saturday, March 29th, from 4 to 9 p.m. Right here at Centennial Park in Amphitheater, as well as a surrounding area along Ocean Avenue. This free market will feature 62 vendors, including a diverse selection of food, beverages, artisans, retailers, and professional service providers. 32 of these businesses are based in Boyton Beach with 10 of them being located in the Sierra area. Our attendees are encouraged to visit the information booth during the event to learn about Boyton Beach box for each of the participating businesses and also to pick up their award search card. This activity is gonna guide them through the event to connect with the participating CRA businesses They're going to be specifically set up in vibrant colorful tents So they'll so that they'll be very recognizable during the event The event will also include live music from two high-energy reggae fusion bands We'll have the resolvers as well as Paul Anthony and the reggae soldiers online To perform for us all evening. We'll also have family friendly games, activities, a selfie area, and much more. And I'd also just like to share a brief promo video that we've been circulating, which I think perfectly captures the exciting vibe of this market. I'm going to go to the bathroom. I'm going to go to the bathroom. I'm going to go to the bathroom. I'm going to go to the bathroom. I'm going to go to the bathroom. I'm going to go to the bathroom. I'm going to go to the bathroom. I'm going to go to the bathroom. I'm going to go to the bathroom. I'm going to go to the bathroom. I'm going to go to the bathroom. you and I'm going to be a little bit more about the next 20 years. I'm going to be a little bit more about the next 20 years. I'm going to be a little bit more about the next 20 years. I'm going to be a little bit more about the next 20 years. Okay, so we are looking forward to next Saturday, the 29th, and we hope to see you all there. Are there any questions that I can answer? To hackers, amazing videos, great jobs. Great job. Thank you very much. You're very much. Great job. Congratulations. You're very welcome. Thank you. You're very welcome. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Good evening board, Jabbar Jenkins, accounting and finance manager. The floor. of CRA, Dabara Jenkins. So speak on this. Good evening, board. Dabara Jenkins, accounting and finance manager. The Florida Government Finance Officers Association, also known as FGFOA, is sponsoring government finance professionals we do in the week of March 17th to March 21st. During this week, government finance professionals throughout the state of Florida will be acknowledged for their hard work, dedication, and leadership. It is a week-long series of activities, aimed at recognizing government finance professionals and the vital services that they provide for local government and the community in which they serve. The Florida Government Finance Offices Association is a professional association founded in 1937 and serves more than 3,300 professionals from State, County, and City government school districts, colleges, and universities, special districts, and private firms. The FGFOA is dedicated to being a professional resource by providing opportunities throughout education, networking, leadership, and information. This is a wonderful opportunity to showcase the talents of many professionals who are generally not in the public eye. The professional finance officers' knowledge, integrity, and dedication made certain funds entrusted to government are properly budgeted, disperse, and accounted for. This accountability is a key ingredient to ensure people's faith in government said by rip COVID, the FGFOA president and Executive Director of Justice Administrative Commission. So as we come to the end of the week, we are celebrating with all of the finance staff of agencies throughout the state of Florida. Excellent. Thank you. Excellent. Thank you. I believe this is 16 years good that hasn't been it. Yes, 16 years of clean audience. Yes, that is correct. That deserves a hand. 16 years of clear Thank you, thank you, CR E. Stair. Okay, let's move on to the next portion of the agenda, which is public comments. The public comment section of the meeting is for public comments on items on consent agenda or items that are not on the agenda at all. So again, if you're representing a business listed under consent agenda or you're discussing discussing an that's not on the agenda at all, now would be an appropriate time to come to the podium. You can begin by stating your name for the record. Each person has three minutes after we conclude with those in-person, we will move to those online. Sorry. Susan Oyer,eytan Beach. So I think thank you, first of all, Commissioner Cruz, for discussing the Andrews house. I think like so many others, I'd love to see that the CRA takes this ever in the most expedient manner possible because of what could potentially be happening to the CRAs. And let's make sure funding is properly allocated to get the house, acquire the house, move the house, set the house up next to the Magnuson, and make these two houses economic drivers if possible, picking up an extra parcel next to it, just to make room for any other potential historic homes you might want to consider moving in the future so that might be something worth contemplating. We really should be looking at how other cities have made economic drivers out of their historic homes, historic buildings, and we should contemplate doing the same and do it in the fastest manner possible especially if things go south in the next few weeks. I'd also like to say when you guys are approving things and you're approving projects that personally I always think they're ugly and hate them because they don't follow planning and development rules. But some of the rules are the heights are supposed to vary, the their frontages are supposed to vary. They're supposed to be pretty colors, they're supposed to be beautiful. And we're getting ugly crap rectangular buildings and this needs to stop. They look hideous, they'd bring nothing to our city. And I would actually, and I've spoken against Centennial before and not against them specifically, but against them having a monopoly in the heart of point and area. I think they've done an excellent job. If you go look at their project, a couple blocks north of my family's house over next to St. John's, that is hands down by the most beautiful projects in our city. Centennial has done an amazing job and why? The heights vary a little, the frontage You know, there's lots of trees and they're beautiful colors. They bring and added benefit to our city So when as you guys are going forward on projects, please look at that Another thing you should think about is if the CRA goes to gets canceled what happens to all that money That's something to consider and the video was really great except I noticed it's very monochromatic everyone in there's white I saw one African American person in the whole video So maybe we need to be advertising to other communities to get a better representation of our city at these events or Telling our video person to make sure you're including people from all the different communities in our videos. Thank you. Thank you. Next speaker please. Cindy Falco de Carrotto and I do notice a lot of darker shades of beige people there. They're just maybe not being videoed because I go there a lot to the different the function so it's not a prejudice thing on that perspective. Cindy Falco-Ducarado, I wanted to talk about we have done charets for what this downtown area should look like spent hours and hours and years and years and that got thrown out the door. So I'm looking at being this was a CRA project. We got nothing but garbage. I live right up the street. I have a historical home. We talked about this being a little cottagey kind of town, a little fishing town with a little bit of old world quaint and charm. We're not getting that anywhere. I see all the new homes that are being built. They have like Susan was saying, they're all square. They have no character, they do not fit in with the motif of what most of everybody that lived here at that time and came to those meetings agreed upon. As you look at Delray Beach, I can walk down Delray Beach and I can actually breathe. Why? Because they don't have their buildings so high that you can't get the sun to hit your face, that you cannot get the wind breeze on your body. And if we go high, like I've seen cost of Costa Rica, whatever the one down there, and other buildings, and they're trying to build a big... you cannot get the wind breeze on your body. And if we go high, like I've seen, cost of Costa Rica, whatever, the one down there, and other buildings, and they're trying to build, build a big building over here, it's suffocating. I live, like I said, just drop the street, I get the sea breeze, it's wonderful. I don't wanna have to feel like I'm living in New York. I'm born and raised in Miami, Florida, I moved from there because it got ridiculous. And then you go to Fort Lauderdale and La Sola's Boulevard. They went crazy. It's disgusting. I mean, you think you're in New York, you get on every street, you're hitting the... I moved from there because it got ridiculous. And then you go to Fort Lauderdale and on La Solis Boulevard, they went crazy, it's disgusting. I mean, you think you're in New York, you're on every street, you're hitting a building. I pray to God, we don't do that here. Now, I don't understand why as the city, because it is cities money, even though it's a CRA and they take it from the builders, why there can't be something implemented within the city. The CRA goes down to handle those projects and create a group or a workshop or something like that that we, the people, can be a part of it because we live here. One person cannot dictate or for people, five people cannot dictate for the rest of us. We all have our own opinions and we wanna go with the ones that are majority because of majority rules. And I think if we don't get a voice in all these things that are happening, it's really it's unconstitutional, it is unfair and it's not the way a city should be run. If it's going to be all of us together living in this community then we all have a say. Thank you. Thank you next speaker please. Hi, I just want to pass these out. Can I come around or how do you do that? Hi, I'm Allison Bercher and I'm the founder of Blue Mountain Coffee House in West Bomb Beach. I'm here today because I'd like to take the opportunity to basically address my desire to purchase the historic house, the Oscar-McMerson House, and convert that into upscale coffee house. It should be very quaint. Currently, I have been operating in West Palm since five years. I open. the upscale coffee house. It should be very quaint. Currently, I have been, I'm operating in West Palm since five years. I opened in 2020, two months prior to COVID. I have been awarded several awards. I was awarded the emerging business of the year in 2023. I got the congressional record. Several awards that it's not even necessary to go through. But I believe this project would be ideal for the community. Its local business, it's small. The coffee shop will attract a lot of community. Everyone in the community, including tourism. Within the coffee shop, we also have chocolate where we'll make real authentic chocolate from the Caribbean. The Jamaica Blue Mountain Coffee's internationally recognized as one of the world's best coffees. And that's what we're going to be specializing in. Breakfast, lunch, all day in a very quaint and beautiful setting, but at the same time maintaining that historic feel and quaint, you know, fair of that building. I have the purchase price and basically the breakdown of what I would like to present. I don't think I have to go through it now. But the project itself is over $500,000. I have funding that will be backing this project. And I would love to be considered for this. Thank you. Thank you. Next speaker please. Mike Fitzpatrick 175 Southwest Second Street. Here to talk about the Andrews House. First of all, I'd like to thank Commissioner Cruz or Board Member Cruz for the comments previously. And secondly, I'd like to say that the while we want to move the Andrews House to the Magnus and House property Having a coffee shop is one of the at our Sharet was one of the top Uses for the Magnus and House we we came across in our Sharet So why we believe the So community redevelopment agency should take the lead on moving the Andrews house serve of five basic reasons. I sent you an email at 211 today. I apologize for the late time, but that's why some things work out. So I just like to go over the points. The first one is the main job of the city is to provide services to the citizens on a daily, weekly, and 24, seven basis. And so unique commission requests such as moving the Andrews house comes to the city. It requires extra involvement in time from senior level management and they you know regard to the city, it requires extra involvement in time from senior level management. And they, you know, regarded as, we believe, they regarded it, regarded as, you know, an extra burden which gets low priority. So, whereas the second reason to give it to the CRAs because the CRA projects are by nature, the handcrafted and unique. So this is a similar project to many past CRA projects such as redesigning the Boynton Docks, where store was bulldozed, filled in sinkholes, reconfigured roads, and put up a new building for the Port Master. Another project, for example, was moving and restoring the historic Jones House, which is now Nicholas Muir's Distinguished Meats. And the number three to CRA has to be involved anyway, because, like I said previously, CRA property, the Magnus' House lot is where we'd like it to go. And also the CRA has put 300,000 in their budget for historic preservation, and I believe it would be less bureaucratic problems if this money was spent on contracts written in house. And then finally, which is kind of coming up is the Magnus and House has been a white elephant for the board for many years and we believe that putting these two historic houses together would help create a good urban destination location. Thank you. Thank you next speaker speaker please. Good evening. My name is Alexander Forbes. I'm the owner of Wayne Beach Dentistry. I'm in consideration for funding on your agenda. I really just wanted to take a second to give my appreciation. I understand I probably don't have approval just yet. But it is heartening to know that the city is willing to put some money behind some of the local businesses. And since this is my first attempt here at opening my own business, it does give a certain level of comfort. Although I have family supporting me and have put together quite a professional team to help open this business, it has been a long time in the making. And just knowing the city is going to get involved with the process does help. Just both financially obviously and just mentally I guess. All right but thank you and I don't need any more time than that just to say thank you. Oh and a little shout out to Bonnie she's been amazing and helping. Thank you. Thank you next speaker please. All for your service. Thank the officers back there for your service. My name is Cindy. I live in Boying Beach, Leisure Rental. And I've lived here 32 years. And in the 32 years I've lived here. I have seen tremendous growth. I think we are at the top of the growth right now. We don't need these eight-story apartment buildings. We need to fix the problems in the city first. We need more police officers. We need our streets fixed. We need our sidewalks fixed. No more buildings for right now. Let's fix what's broken. Please, let's do, like she said. We want to keep it a small town. We don't want it to turn into a cement building eight story buildings all over the place. That's not what the people of Boynton who have lived here all their lives want. And you all get paid by us and you all work for us and you're supposed to do what we want. What is the deal with this down square thing? What the heck, $35 million in tax incentive? Are you serious? Do you know what the city could do for that money? We need to buy housing in the bad neighborhoods where the crimes are. We buy houses and we set up a police, just for the police, the house for the police to be in the bad crime areas, to fight the crime, to stop it. I've seen it grow. I hear every day ambulance police sirens going by my house. We need to fix what's broken before we go put. And this vote on the vote tonight, on the town square will show who's really for the city and the people and who's for the builders and the money. Thank you. Thank you. Thank you. I'm here on behalf of Deputy Vinson Wouter. I'm here on behalf of Deputy Vinson Wouter. I'm here on behalf of Deputy Vinson Wouter. I'm here on behalf of Deputy Vinson Wouter. I'm here on behalf of Deputy Vinson Wouter. I'm here on behalf of Deputy Vinson Wilder, ID number 37931 and also in reference to the Department of Justice, Mr. Jack Hitchcock, who is a legislative correspondent and also Peter Mahirji, who is also a legislative correspondent under the Senator of Rick Scott. I'm here because my three daughters have been missing for the past seven years since ages six and eight in a three month day old child, which went missing back in location of West Palm Beach. I already spoke with Fabian Desarales, who is the CPRP within the City of Born Beach Recreation and parks development? I guess who's the director? I'm here to notify you guys under a mandate. Would you please, under Senator Rick Scott, have your officials return my children and utilize the database of NCIC because no one seems to want to utilize NCIC because my daughters have been missing since ages 6 and 8 and a 3 month day old and a 3 month day old. Again, this is a follow up with Jack Hitchcock, legislative correspondent and Peter Murhegee who is a legislative correspondent in the Department of Justice of Washington DC. My name is Nikki Keane. I am also a general throughout the United States of Washington, DC. My call sign is Katie, three, I'm Fakilo Gough. I request that you guys please mandate your orders through all judicial legislators and all judicial branches to return the child upon Senator Rick Scott. Thank you. Thank you so much, Nick Speaker, please. Wow, sad news. All right, good evening. My name is Barbara Reedy. First, let me ask you a question. If I wanted to speak on items under 14 and 15, is that public audience going to be allowed later on when you address those on the agenda? Or speak now? Anybody? Yes, speak now. It depends on the agenda item. not all items are up for a vote this evening. So if there's an item that for a decision to be made, public comment will be called. If not, then public comment may not be called. So if you are not sure whether your item has a vote or whether you would just like to make sure that your public comment is included, you may go ahead and do it now. Okay, with the board's consent. With the board chairs consent. that's fine. Thank you, Julie. Thank you, Julie. I appreciate it. Under item 14C regarding the tax incremental financing for time equities, I was actually at the meeting when Mr. Singer came to town and told us all that they have a $6 billion wallet behind them and they weren't even going to need tax incrementing financing. And now here they are seeking 35 million the payments for which would run until 2078, which is 34 years beyond when the CRA will sunset. So you might want to consider whether those payments for 34 years are something that the City Budget can absorb. Under 15C, discussion about the Magnusen House. I was surprised reading in the background information that in January of 22, the board voted to remove its historic preservation designation. I don't believe it ever went so far as the required ordinance that would actually remove the designation on the Magnuson House, but I'm very concerned that that was voted upon three years ago and I'm just now finding out about it. As far as the zero lot line, we can, the City Commission can write variances. You wrote a variance for this very building to avoid having to use a zero lot line. And I'm also concerned about the learning that 30 feet tall buildings can be allowed along ocean avenue. We were lied to. We were told the buildings along Ocean Avenue were going to be one story, Fronting Ocean Avenue. But in the background of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of Thank you. Next speaker please. Again, my name is Flynn Holland and I'm here with the group with the Andrews house. We put a lot of time and effort in it. We feel like we're at a standstill now. We did a charat. We tried to bring the community together and We're not really moving forth to get a definitive, you know, we go to the city come out and we've gone now to the CRA and it's not on the agenda. And we feel like we want to move forth because we want to start finding people that will be interested in moving into them and we've had a lot of interest in that as you see just today we had interest. We'd also like to start looking at things like the roof and see if we can go around and get local businesses, we've got roof income for these right at the back that might give us deals or participate and it would be a win-win for the local businesses. In terms of the town square development on both sides, I would really like you to look back on the history of what we decided on at the beginning, which we thought was a lot 482 was going to be senior housing, workforce housing, and it was going to be open to the center and that this private public partnership was going to end up being a tax development that would help all of us. Now we're looking at it, that much more buildings, they're going to be concrete, we're going to have the garages facing our little downtown area. And I just kind of feel like, as they say, they came in with the fact that they were going to get it done. We said we have it done in a year and a half. And now we're looking at 2026. They're wanting millions of dollars in tip funds. And then the north side, which is going to be empty until 2036 is what I read I may be wrong and I just feel like you know we're given away the baby with the bath water that we we need to have reasonable access community feeling in our downtown area I mean that's what we had before and and it like they say, it's going to be concrete. It's going to really affect sea breezes and the whole town. And so I really like you to look at the history where we were and where we've gotten to now. I know that we've talked about it's a done deal. Let's move forward. But now we have a chance if they're asking for something. Have them give us something. Open it up a little bit to the community in terms of making you feel like, oh, this group of people have come to be a part of our town, not to be an apartment building on either side of our downtown. So thank you for listening to me. Thank you. Thank you. Would anyone else in the chambers like to speak under consent or items not in the agenda at all? With that, let's take a look at anyone online. So there's no one online. Public comment is closed. We will move to the consent agenda. Are there any items my colleagues would like to pull for discussion? Motion to accept consent agenda. Second. All those in favour of approving the entirety of consent agenda? Say aye. Aye. Motion passes unanimously. I'm going to turn to our interim director, Mr. Tach, could you please give us an update on the CRA advisory board? All right. So as it's been assigned to the CRA advisory board, they look at properties for acquisition at the March 6 meeting. They looked at two properties in particular. And if you could, um, acquisition at the March 6 meeting. They looked at two properties in particular. And Evicki, if you could scroll down a little bit, zero Northwest 10th Avenue which was available at the time is actually under contract so it was no longer so they did recommend pursue at a future date. So the staff will keep an eye out and if it comes back available we will notify the board. Additionally, they looked at 400 North East Second Street. If you can go ahead and pull the pop-up map. It's a property located just on North East Second Street, just north of Boyton Beach, Boulevard, just to get your bearings if you can scroll down a little bit further south. It is to the north of DJ's there and the Maynard Key. If you can see that and just north of the vacant parcels. They looked at it. They did recommend that the that the CRA pursue as a land banking opportunity and the direction of the board staff can proceed and investigate further and see if it is still available on the market. Any other questions from my colleagues and the staff on the item. What are they asking for? Not a problem, I'll pull the listing right now. Okay, ah 8 housing. It's adjacent to vacant parcels which we could potentially look at a possible redevelopment or having land land position in which we could have some sort of leverage for a future redevelopment. We don't own anything around it. We do not own anything adjacent or yeah, no. Okay. When you do these deals, do they have appraisal contingencies on them if it's listed at 725? We would actually run an appraisal of ours that we have a list of appraisers that we have at opportunity. If it is available, it is something that you'd be interested in pursuing. We would go ahead, pull an appraisal and bring it back for your consideration if that is even available. Typically, we think on the open market and they're listed by time we get to them, you know. It's, yeah. So. The two properties adjacent to that beyond those, don't we? No. No. Those are owned by a different entity. The one just to the south, just below it. Yeah. Yeah, it's the same entity that owns those three parcels as well as the warehouse to the east. I've got any opportunity we get that's within our guidelines we should do laying acquisition and go after it. You did a appraisal. We have now done an appraisal yet. I'm just looking for board direction to pursue looking into this property I'll say my my position would be to pursue it and bring it back to us Consideration, okay, is it currently have ten in it? It does have current it currently does I don't know whether they could deliver it on occupied or not But certainly that would be some information will get in from it We'll'll have further information if you opt to have it spring back. I'm not opposed to talking about it, but if it's being advertised as a rental income, which is what it's being advertised, that's why I'm sure price the way it is, and they're looking at retaining the residents that are in it. So not really wanting to displace anyone. So I mean, I would be interested to maybe get some more information on it, but as of right now, I'm not really, especially with the rental markets the way it is. I'm not really interested in displacing people for the sake of purchasing a property that we don't have anything close to. So, thank you. Any other comments? I agree with Board Member Kelly. For clarification, I'm not clear on consensus. Are you, you buy would you like staff to look at it and bring it back so you can see and make a final decision or are you directing staff to not move forward. I just need you all to agree. I don't need emotion but we do need consensus on direction. see more information. Yeah, I would too. I'd like for staff to pursue looking at it and bring it back to us. Craig, and if it's currently not available or, you know, if it's under contract or whatever, we won't bring it back, obviously. But if we'll look and get more information and make that available to you and you guys can take a further look and we'll have additional information as far as an appraisal if it is still available as well so that for your consideration. Thank you we have our direction. Now we continue to section 14, old business discussion and consideration of the preliminary design for the MLK entry feature park on the CRE own property located at 1101 federal highway. Mr. Tach, can you open the item? Actually, Bonnie Nicholon will be opening this one for you tonight. Good evening, Board. Bonnie Nicholon, Grant's on project manager. So yes, as you remember last month, we were able to report back the public survey results after sending this out to get public input. We had over 540 responses. And so it was the board's direction to move forward towards a final design based on the eye dream, which was version one. We have since the February meeting taken the board's direction to incorporate the doggy waste stations, provide low maintenance landscaping, decorative signage, inclusion of power for holiday lighting installations and larger native shade trees. We also move the sidewalk to the back of curb to allow for more green space and removed. If you remember, there's a little north jag of pavers to the property to the north that we kind of shaved down on. So this is the final preliminary that staff and the design team has provided to the board. They are here to talk through any of the fine details if you like regarding the landscaping. And the next steps would be if the board wishes to move forward we start working on construction documents with the design team and Moving forward this would just come back to you as project updates to keep you apprised of the current status and we are here for questions Are there any questions for my colleagues? Thank you Pardon me, but Kelly? No. Let's take public comment. Are there any public comments on 14A? And if I'll be decarot of just a question. Are they putting any bicycle paths? It's really hard to ride bicycles around here. And I was wondering if they're going to do a project like that if that's also lot of the way I'm going to do it. I think that's a lot of the way I'm going to do it. So, I think that's a lot of the way I'm going to do it. So, I think that's a lot of the way I'm going to do it. So, I think that's a lot of the way I'm going to do it. So, I think that's a lot of So then I think we'll just be report report report. Any follow-ups? No. Perfect. So then I think we'll just be report. I think we'll just be reporting back like I said moving forward as we work on those fine detail pre-construction documents. Thank you. Bonnie, are we the plant choices or those still flue or is this what concrete where you're planning, what they're planning on utilizing. They have their landscape architect and design teams here to answer is more specifically to that, but they did take your notes as to do native, low maintenance, landscaping, and this is what's proposed. So I believe this is what would be incorporated. That's great, thank you. Bonne. Yes, sir. The type of trees, you know, those trees that are there, they're not black olive, Bonne. No black olive. Thank you. Norficus. Norficus. No. I'm allergic. Oh, gosh, it's an old. Thank you. All right, thank you. The public comment is now closed. Should any of my colleagues like more discussion or make a motion? I think based on the direction given tonight, no motion is required at this time, Board Chair. Thank you. Okay. Next item for discussion and consideration is the lease amendment between Boynton BGRA and cafe barista and DBA hurricane alley I know board member turken move to table that item I would like to table it as well So motion to table item Item fifth item 14 B. Second. Question. Is he not online? I just said his name and he didn't pipe up. He mentioned it earlier during agenda approval. Okay. That he wanted to table it. That's why I brought it up. Thank you. The only thing that I wanted to, if I second it for discussion, the only thing that I just remember seeing in the back agenda was, I think her concern was mainly having an increased price, as long as we're not trying to do that, I think. I mean, I don't know what the book was. Right. So. That is correct, it was her will to let you know all by that email that she was not available. She wanted to be able to attend. She wanted to have the opportunity, if you were looking at increasing the rent in any way. She wanted the opportunity to talk to you all. Great. So, if I can briefly just say I'm not looking to increase the rent whatsoever. And so, I don't know if we want to delay it or it's up to the board. Does it cause any issue to delay it, Tim? Just for clarification since I'm not sure Commissioner Truggen or Board member Truggen didn't indicate why he wanted to table it during agenda approval. So I just- And I can make my position known now too. I'm not interested in increasing the rent. So I mean. Sure. Okay. So procedurally speaking, there's a motion table on the floor in the second. So you can withdraw that if that's no longer the will of this board. The project or the I'm sorry, I believe the lease is expiring or about to be expired. However, we will take your direction not to act on that expiration until the next meeting. And so long as she doesn't wish to go anywhere, we won't force that discussion and you would have time to consider it next meeting. Is my understanding from the email, which if you all choose to act on, I will read into the record, that she would be fine with you all voting to keep the rent the same. if there was a desire to increase it, she would request the ability to be here. If you'd like. That she would be fine with you all voting to keep the rent the same, but if there was a desire to increase it, she would request the ability to be here. If you'd like, I can read that into the record. Or as say we can file it with the clerk in that sufficient. And so it's really your choice as to what you want to do. You may vote to keep it the same tonight. You may vote to increase it. You may vote to table it. All of the choices are yours. if we're not going to table it, I would ask that Board Chair, I'm Board Member Kelly, you may vote to table it. All of the choices are yours. But if we're not going to table it, I would ask that board member Kelly without your motion. Also just for a point that the least renal has expired. She made the request prior to. So it expired on much first. And obviously it's your option to any type of enforcement. But she was earnest in trying to get the release renewal. So just for your consideration. Yeah, because of the confusion and because she has told us in a couple different emails that she wanted to be here, she wanted to be present, she was okay with us moving forward, she wanted to be present. I'm not comfortable. I mean, I'm not going to agree to increase her rent, but I'm not comfortable with her not being here and because she has told us two different things in emails. I'm not comfortable moving forward. So I'm going to stand by my motion at table. I hear what you're saying, but if it's 100% in her favor of what she's asking for, I don't see the need for it. She also sent us an email, though, asking us to ask us to consider not charging her rent so that she could save the meat so that she could pay her employees when her business is closed when they're doing construction. So that's why I'm saying, because there's been multiple different emails with multiple different options from her. And I just, that's my position on it. That's the different decision. Right. So I want to make sure that she's present so that we're all in agreement. So let's table it. Let's table it. Motion to table. Or did you already, oh, okay, I second it. Can you second it? Okay. All of those in favor to the motion, say aye. Aye. Aye. Motion passes, the turkey didn't vote, so it's for four years. Okay, moving on to item 14, see Mr. Tach. Can you provide us an update please? Absolutely. We also have a miss call and grab singer here to answer any questions that you may have. The Town Square Project is a subject of the existing development agreement with the city of Boyd and Beach. Under its existing approvals, the project will have a total of 898 residential market rate rental units, which will stop 23,500 square feet of retail space and two parking garage and access of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city of the city ablign beach workforce housing fund in the amount of $2,250,000. I'm going to, per your last board meeting in February, the board heard a preliminary presentation from TEEI concerning the developer's proposal and directed to see our staff and TEEI to commence negotiations for a proposed agreement. CRS staff and legal have worked with TEEI to propose a term's resented in the term sheet that's been provided as a part of this agenda. And they are seeking board direction on the proposed terms. I'd like to have Catherine. CRL legal go through that term sheet for you. for you sheet for you. Thank you, Tim. Board Chair, if I may. We've provided a term sheet in the packet that just outlays the broad strokes of what we've been discussing with the developer to be clear. The overall project has been, as exists in the developer's current entitlements with the city of Boenbeach. And everything below that is what we have been discussing with a developer for purposes of this tiff request. So the tiff request is for 900% of the tax increment revenue generated by the project, which is essentially the CRA share of it. Up to a maximum of $35.2 million, that payout would be divided into two phases. The first phase, as Tim said, would be phase one. The second phase would be phase two. And just as a brief recap of how TIF funding works is, after a certain year, I won't go through the whole thing, but basically a portion of the tax revenue is deposited into a CRA count and that's how CRAs are funded. CRAs have the option to return the portion of the tax that they receive to the developer as an incentive for development. And so that's the request here. Right now, although the developer is under a development agreement with the city, they are offering to accelerate their construction for Phase 1 and set a commencement date for phase two as consideration for this TIFF. And that would be to start construction for the first phase in 2026 and start construction of the second phase in 2032. And if those start dates are not met, then the TIFF would not be granted. There's also completion of construction requirements for six years after commencement of construction. Again, if not met, the tip would not be due. There are some other items in there as well, including ground breaking ceremonies, good faith efforts to hire local jobs for temporary and permanent jobs associated with the project. The developer would be required to provide annual reports that explain their status of compliance with the agreement and on an ongoing basis. And for, because this project is two phases, one of the problems that we were asked to consider by the last board meeting was how to handle a kind of two phase development in a singular TIF agreement. So in talking with a developer, we came up with a proposed solution for your consideration, which is to reevaluate the need for the TIFF before the second tranche for Phase II would kick in. It would be the CRA would be able to select and hire the analyst, and the developer would pay for the analyst as well as legal fees associated with the re-evaluation to minimize the financial risk to the CRA. If it shows that the financial gap is bigger, the award does not increase, it stays the same. However, if it shows that the financial gap is smaller, meaning the difference between what developer currently has financed and what it believes it needs to complete the project, if that gap narrows the amount of TIF award would award would decrease. So it wouldn't, it couldn't be increased, it could be decreased. And so that was one potential solution to address this two-part problem. In discussing this, we were going back and forth as to whether it would make more sense from a TRA perspective to treat this award as two separate awards for consideration, whether than one contract. Because simply from a contract, navigation and enforcement perspective, if we are, it sort of makes sense to have it as two separate agreements so that you can tie potential breaches with the South Project only to the South Project and the potential breaches to the North Project only to the North Project. It's my understanding from the developer, although they'll let them speak for themselves, it's more financially stable to divide the project so that if, for example, the first half of the project is successfully completed, put on the tax rolls and they begin receiving tiff, that that sort of be cemented in as long as they are meeting their requirements with with regard regard to the South Parcel and then treat the North Parcel entirely separately. So that's what we wanted to discuss with you tonight in terms of sort of breaking it apart and treating it functionally like two projects as well as get your input on what it is that we've put before US terms. I think the developer is also ready to make a presentation and I of course will answer any questions that you have. Good evening, Madam Chair, members of the board. And by the way, congratulations on your recent election and also to board member, Turkin. My name is Bonnie Miskel. My address is 14 Southeast Forest Strip over to Florida. I am joined by Rob Singer, who is with Time Equities, who the applicant here. We recognize that most the three of you of the four here have seen our presentation from January, but we included it here in the event, you know, Madam Chair, you wish for us to give you brief summary. We're happy to do it and it has been downloaded. We'd also like to thank staff that we've been busy with them and they've spent a lot of time and energy with us and we very much appreciate it. They're an incredible staff and a pleasure to work with. So we'll leave it up to you as to whether you'd like for us to go through it or to hit the highlights. That's fine too. Whatever is your preference. Yes, please go through it. Right, if we could have, if it could be loaded and we could have the remote. I believe it's attachment 3VIC. I ask you to move it forward. Okay, because we're not going to. Technology, trying to figure out how to move it forward. If you'll go to the next slide, please. And we'll skip through who's who, but those are some principles with the company. And we have a picture. The next one down is a picture of one of their projects in Chicago, tried and true company that you're working with. The town square background, I think we can go through it if you wish, but this site has a lot of history. So if you have questions, we can speak to those directly, so we'll keep going here. So this is the overall master plan and site plan. And the south parcel is on the right side of the screen, the city hall and public properties are the two middle parcels and the north parcel is on the left side of the screen. That is adjacent to Boynton Beach Boulevard. Secrest is on the south side of this and on the bottom. Phase, technically it's phase two because phase one is built today and we're standing in it. But I'm going to call it for ease. Phase 1 is the South parcel that is on the right side and our Phase 2 is the North parcel on the left. Next slide, please. We can go through this very briefly if you'd like. Again, what's on the screen is the breakdown of the units, the parking space, the retail. This site plan has been approved and the lower box tells you the value of what's being constructed per phase, significant investment in the city of Boynton Beach, significant increase to your tax roll. Next slide please. So this is what you're looking at today. Again, the south Parcel is on the right side, North Parcel on the left. Next slide please. And then some of these slides are giving you some artistic renderings of what the project will look like. Again, these site plans have been approved. They've already come to you before. Next slide please. And you can scroll through these pretty quickly because next. That's fine. This is a little close up for you to get a sense of the elevation. Okay. That's me. I will. Well, and with respect to the, I mean the architecture. Oh, sorry, I'm Robert Singer with Time Equities. So the site plans are approved. We worked for years with staff on the architecture, on bringing this back from a place that was a pretty dark place, actually. And, you know, architecture is in the eye of the beholder. But what this did, we had a thousand meetings and years working with planning staff with different architects. So what you're seeing is what we and city staff and architecture community believes to be not only beautiful buildings, but marketable buildings, highly valuable buildings. And you know, so when we got into this deal and we are a major development company, we skyscrapers, we... I don't know if it's... Can we keep the comments from the audience? Yeah. We've already invested some enormous amount of money in Boyne Beach because we believe in Boyne Beach and Boyne Beach is an amazing community and we want to help it. This, just so we can go back a little bit, the Town Square Project was not approved by this commission. This commission came into town square and we've been working together to try to solve Town square. The city is currently paying bonds on some $100 million of debt that they took to build phase one. And the business plan was to build the residential components, which haven't been able to be purchased. And when we came in, we worked with everybody, we figured out the buildings, we worked with everybody we figured out the buildings we figured we swapped land we figured out how to get this thing right and what we said at the time and we still maintain is that we're not while we're a major company we're not magicians and we can't do things we can't operate outside of market forces you've heard this from a lot of people Bonnie will tell you different developers over the last couple of years, the conditions to develop have deteriorated. Interest rates have doubled, intripled, construction costs have gone up remarkably, insurance rates. Now we're looking at tariffs. Things aren't getting better, by the way. Things are getting more difficult. We're looking at tariffs, we're looking at more uncertainty and financial needs. Notwithstanding all that, we're plowing through. And what we identified was that we still want to go ahead and take the risk of building this project, because this is what point in design. The idea that somehow people weren't involved in designing town square, I mean, we didn't design it. The master plan, it was the zoning. And in fact, during the process, we, some of the retail rules were changed. We made sure that everything that we could adjust within the zoning was adjusted for. So given where conditions are, we all have a choice. We hired an economist. We said what would be the fiscal gap to build 500 million dollars of buildings in today's environment? Is there a fiscal gap? And we determined that there was a fiscal gap. The city and the CRA, say the CRA hired its own consultant to determine if that fiscal gap was correct. That analysis demonstrated that in fact it was correct. And not dissimilar to on a proportionate basis to any of the other tips that have been and provided and Boitnitz Smart because they use the CRA and you've just agreed to hire lobbyists to go fight for this exact reason because it's an important tool to be able to use this to incentivize development. And again for people who don't, who don't't in this every day, this isn't the city giving us $35 million or any money for that matter. This is us building a building, delivering it, creating the value, creating the jobs, creating the economic impact, paying our tax bill, and then getting a rebate of money that you wouldn't otherwise have because the building wouldn't be there for a certain amount of time so that the economics work and we can build it and finance it in the conditions that we're in today. So hopefully all of that tracks and I don't want to go on forever with it but I do think it's's important that when we hear, you know, this is a giveaway or whatever, it's the opposite. It's us taking on a massive amount of risk to get the projects built. Why is there a gap in the time? Well, you can't build two at the same time. You have to build the first one first. We have to stabilize it. It has to be successful. And then we have to build the second one. But they can't be both built at the same time. That wouldn't even want that. And it's also important to say that housing, I mean, this is following the rules, but having market rate housing. And by the way, we're making a $4.5 million contribution to workforce housing, not to, we're building the city, $20 million. There's a whole litany of things that the city is getting from this. But the value is there. The CRA's consultant has confirmed it. And what happened last month was excellent. We came in. We had a conversation about it. Really, as Bonnie said, the point of contention was how do we deal with the second phase? Because the CRA doesn't want to commit to its fiscal gap today for something that may not happen for some time. Ironically, in the middle of this month, the state is trying to take away the CRA, which brings up the point about why it's important to approve that second phase today, as long as there's as Catherine said, guardrails for the city. So what we've agreed to is to have a process that the CRA controls to come back. And it doesn't have to, it's by 2032. I can start, we can start the process, whatever we want. But if it's beyond 32, then we can't start the process. But it's a process that goes to reconfirming what the fiscal gap is for phase two. But only after we successfully deliver the first project. If we don't successfully build and deliver the first project, the whole thing is canceled. So this puts enormous pressure as there should be. If we want to take advantage of this tool, this is the city leveraging the tool that you have in an appropriate way to spur the development to get not only the hundreds of millions of dollars of direct benefits, but there's when you talk to the economist and they talk about the knock on benefits of having these projects and the spending and the jobs, the numbers get, you know, the numbers get into the billions for what this spending spending a half a billion dollars of real money in Boynton Beach is going to do. So anyway, I just wanted to kind of, does any of that, you just, hopefully that all tracks and especially Madam Chair because you're new here, and I know you can even follow me, but we want to give you the benefit of sort of backing up and going through the history of a more time and why we're here. So. OK. And if we can advance, I think there's a little confusion about the value of the tax over the life of the building versus what they're asking. Once they are paid off essentially, or given the rebate in the amounts that are proposed for phase one and phase two, you don't continue to pay or rebate. It works out to 10 years for one and eight years for two, and then for the rest of time, then you have the buildings. That's a full benefit. On the payroll, on the tax roll forever. And the people that are generating more disposable income. You know, I don't want to do. We understand this here. Okay. Actually, when you're presenting it and there's a lot of information, I think you probably want to hear more because we're trying to help you understand. So in any event. Yes. Okay. So essentially, now I've lost my train of thought, but the purpose of a Sierra, and I know you know this, but for those people who don't understand the Community Redevelopment Act, when this, when Boynton Beach years ago attempted to qualify and obtain a CRA within their city boundaries, they had to prove at a minimum that there was blight. And back then there was a lot of blight. This, this CRA and the city have done wonders in eradicating it as much as you can. But again, this is one tool that we have applied to use and we have to demonstrate to this board that there is a fiscal gap and that this is the right project to apply it to and use your tool so that you can eradicate light. I can assure you two vacant pieces of dirt sitting in a core downtown in a city like Boynton Beach, that's light and it's unfortunate. Mr. Singer's company didn't create the problem. They're here as part of the solution and I think you're happy to see them. So in any event, if we can continue to scroll down, I just like to show some of the numbers, but those are the two different phases that we talked about. If Madam Chair needs to, I mean, it's up to you, we can keep- We can continue- We can continue the numbers, we can talk about the terms. No, I read all the documents on the numbers, though. And I- And- And- And by the way, this presentation was in your back up. So I'm sure we're being a bit redundant here. But at the last meeting, the one major point was your question about how can we be sure if we approve phase two that day or tonight or the next summer here that by the time you get around to building phase two, there's a fiscal gap at all and we could only hope there isn't. And if that's the case then there will be no funding for phase two. If it is less than what we've proposed and what we've demonstrated and what your consultant has agreed to then it will be reduced on a perader basis. So you asked us to give you a guard rail and you have one now. And we think that's fair and reasonable and our document that had been submitted, our agreement, as will be revised based on whether you believe that we should do it in one or two contracts, will reflect that accordingly. And I think it's an exciting time because, and I think I sent this to some of staff, but not throwing out names, but we work with big lenders. We have a major lender who's been on this job, who's tracking this particular construction loan for us, and I've forwarded the emails, but Goldman Sachs, not saying that they're going to be the lender or that we have a full construction loan, but they are one of several major lenders who want to lend the money to us to do phase one. Let me say that again. We're sitting here at a time of a lot of uncertainty, but we have a major lender who is very interested, and I can show you the documents, in making a loan on phase one. Their contingency, it's contingent upon the TIFF. So we have a choice. We can use the tool that the CRA has to support a fiscal gap that the CRA's consultant has demonstrated to be accurate and proportionate with the other tips on the most important project in the history of Boeing Beach. Or we could not, but if we don't use the tool, then we can't build and we'll make decisions based on whatever that means later. But our hope tonight, after working with staff and attorneys for a month, we think we're very close on a document, there's guardrails, and the benefits are remarkable for the city. And we're hopeful, I guess our request tonight would be for direction on going forward finishing up a document and coming back for a vote. Not voting tonight, but that's kind of, I think we wanted to talk about today. If I may add Madam Borgia just in response to a public comment received earlier and in response to this discussion. One additional guard will was included in what we've talked about with a developer, which is in the event of the expiration of the CRA. The two agreements would dissolve and the burden would not transfer to the city. Can you say that again? Sure. So in the event that the CRA expires, the TIF obligation would also expire. Typically speaking, when a special district dissolves the assets and the liabilities transferred to the fur purposes of this, I'm just going to say the city of Boing Beach. That's part of the guard rails that we've discussed are removing that to the obligation. Okay. Thank you. I do recognize that this is a very important project in our downtown. We all understand that. I do have a few questions that I want to and I think you kind of touched on that a little bit. One of the concerns was potentially if we were to do the full amount, it would go up to I think 20, what was it, what year was it? I think it's 20, or 20, 43. It would depend on, it's not a numeric answer because it depends on the construction date. How do they go on possibility person? Well, it say if they started in 2032 then we would say 2042 was probably about right or 2044. In any case the CRA Sunset's in 2044 so that would be the latest. But if they were to start earlier, it might commence earlier, it might end earlier. It's in flux, so we've done it as a, they must complete construction within six years. The next year, the property goes on the tax roll. Once the CRA receives the money from the tax roll, the TIFF starts. So I can't give you a specific answer, but that's generally the structure. It does highlight the importance of starting sooner because the way kind of the way kind of space is out is that even in a worst case scenario, we would be able to get the rebate of the full TIFF prior to the sunset of the CRA in 2044. Which incentivizes them to start more quickly so that they have the time to receive the funding. All right, and then I do understand you're giving 4.5 million to the work for a housing fund. But if we're going to be giving you 35 million, it kind of overrides part of that in a theoretical sense. No, I mean, you're not... There's a few thoughts, I'm just gonna kind of... But I do recognize it's an important project. Tiff works where we pay the taxes and you rebate them to us for a period of time. So nothing comes out of your pocket. So nothing comes out of the city's or the CRA's pocket. It's a mechanism. But so while you're rebading to us the taxes, which we needed in order to build the project, you're getting all of the other benefits of the project, including all the parking, all the fees, all of the, everything, all the economic development. And so that's what you're trading. You're saying, we'll give you back some of your taxes that you pay after successfully completing for a period of time. During that period of time, you're going to have the benefits of the rest of the project. And then, which include, by the way, just to get started on the 473 parking space, there's two-thirds of them or something that you're allowed to, you're allowed to meet or make money on and to keep 100% of that money. So that's another cash flow stream that you'll be opening up soon. So that's the point and that's how you should, that's how you look at it normally. Thank you. In a, okay. In a theoretical sense and like, let's hope that doesn't happen. But if Tallahassee moves forward with that bill and the CRAs dismantled. Does that mean that as you said, any agreements that we have with the CRA as of now would then turn over to the City of Oymich? To be clear, the legislation would not terminate the CRA. However, it would prevent the CRA from taking on new projects. This would be an existing project at the point where it's showing up in the budget and we have agreements on so those would be in place to the, if they are approved and we, if this bill goes through, I suspect you will see your staff before you with a series of resolutions and budgets and other things to kind of secure the projects that are planned for. If for some reason they weren't approved, this agreement does allow the developer to terminate it, which would just mean that the CRA does not pay the tiff. There may be a circumstance in which they want to do that if the CRA does not move forward. I'm not saying that they do, but they do have that option to terminate it. But especially with the Tallahassee situation, it re-highlights the importance of if we all want to, and we're all partners in this, it's a public private partnership. If we all want to move forward with this, then we do have to approve it soon because of the possibility that this state takes away the right to even use this tool, which is why, again, we voted for the one to lobby, to keep the tool, and to keep your rights to do what you want with your money. As a footnote, and I think that this is important for your community to hear, that you're one of the lucky CRAs. The county, Palm Beach County actually happened to agree to contribute their share of the taxes that they would otherwise get into your tool, your fund. Not all cities have been so successful, unfortunately, for them, and they only have their own portion to work within. If, in fact, the bill had applied and said, oh no, no, we're not going to do that anymore. We want the counties to get back their money. That would be unfortunate because the tool not only gives you the right to use yours, it gives you the right to use theirs. Number one, and number two, and I hope the bill doesn't pass because while this, if you approve this, this project would be protected for the commitment that you make. You wouldn't be able to use it for any other new projects, which means that the county wouldn't have to forego their side of the equation for any future con. So when you look at these numbers, you have to understand that that's the full bucket. It's not just the city's side of it. Okay, thank you for that. Nothing gets built, then there's no tax revenue going to the city. And if we, but if we use, and this is the whole theory of the program, is that it's better to rebate the developer back some of their taxes so that for a period of time, because you otherwise wouldn't be getting the money anyway. So rebate the taxes, which allows the project to go forward, which allows the city to experience the benefits, all the other benefits that come from the project, and then in the course, the project will, the tip will burn off and you start to collect the full taxes. As we grow and this is something I'm thinking about, again, specifically if the CRA were to terminate and now we're on the city side, we have things like the bond for town square that we have to pay back and that's a real, like, I think I mean a lot of us that I've been here for a while know that we owe that money It's not going anywhere and the hopes for for building town square was with the purpose of getting those tax dollars Back as tax revenue to be able to then pay off the debt of the bond. So that's one thing. But it is a correct statement to say that if we don't build anything at all, then we also don't get the tax revenue either. So I'm just trying to look at this. Generally, we look at it over time. If you look at a generational perspective on this. So in the short term, you wouldn't have the city share of the tax is either way. But if you rebate them back and the project gets built, then from year 10 to year 100, you know, 2,300 and whatever, you will have the revenue on the boards for all of that time. In perpetuity. So that's the leverage. And Bonnie makes a good point that in particular, the leverage here is coming from us all being able to leverage the county dollars in addition to the city dollars. What would have gone to the city? So, but yeah, the bonds that the city spent about $50 million in cash and took about $80 million in debt and paying about $7 million combined, $7 million for real every single year to service just the debt, let alone the initial capital that went in. And this gives you a path to a source to pay for those bonds over time. And also as we grow, we know that we have to grow our police apartment, we have to grow our fire department, we have to grow our employees all over the city. We have to pay pensions, we just change, we had changes in the pensions a few months ago. So I am a little bit, although I obviously we need to build this, we need to build town square in order to get the funding at some point. I'm a little bit concerned that the amount is a bit up there with regard to the needs that we're going to have immediately as soon as these buildings are built. And that has to do with, again, the bonds that we owe, and we owe that now, we don't know that, like, you know, 20 years from now we owe that now. As we grow, our police department has to grow, our fire department has to grow, our staff at City Hall and all over has to grow. So we pay impact fees. Right. I mean, this is really important. I mean, we're paying humongous impact. This is part of the package of things that come to you when we pull our permit fees, the the impact fees, the workforce housing fees, the parking, all of these things, you get upfront. You get all of that upfront. Or we can, and then there's a limited term of the tip, which by the way is in place in several, points used at successfully any number of developments. And as I said, the impacts are covered with the impact fees and then you get all the economic benefits of the project. And just to throw out a number, we're talking about around $14 million worth of fees, which are typically front-ended when you go to get your permit, not to mention all the other values. And unlike some of the other tips that have gone forward, this project commits 100% of the parking revenue, which is incredibly abnormal and most serious. 433 parking spaces, yeah. And we need that. We don't need that. I mean, that's significant. And the value of that parking is over $25 million that you are not picking up. So there, some of these go to the development agreement, but the point is, you know, the neighbors don't necessarily know all the public benefits. This one probably has more than any others. So it's a significant, it's very significant, but more importantly, you know, you're creating jobs, you're creating people for jobs that are going to be coming here that wouldn't otherwise you creating new inventory for residential and you're getting rid of blight and probably the most significant blight in your city because you spent millions of dollars on this beautiful building and sitting on each side you have nothing and you know when people come to your city hall whether it's to go to a meeting or to apply for their business tax receipt, they don't see a vibrant area, they see light, and staff is accelerated at this time. When we talk about 900 units. I'm a quick question, first up. The first part of the tip, right? We're looking at the southern parcel, right? Which is, is that where the majority of the public parking spaces are? They're divided equally. Boy. Pursuing to the site plan. Yeah, it's close to being equal. That was a little bit more than I had. And when you have 900 apartments, you have thousands of people living here who, first of all, having more market rate apartments goes to lowering rents because there's more supply. This is an important concept that having more supply of apartments actually goes towards, I mean, unfortunately, for developers, it goes towards lowering rents, which is a good thing because there's more competition. But in any event, we are at the, really at the precipice here, and we can show you the Wall Street Journal and we can show you a million things. It's not possible to build right now without the TIFF. And our hope, after working through the process and having your, we our hope is that we can move forward together and finally recognize and realize town square. Yeah, and if I can add clarify one thing. So the Goldman Sachs letter that Mr. Singer referenced within that letter, it says that it's not financeable without that gap being covered. So that's not Rob saying it. That's a very large institution telling you that sadly, this market isn't there. But they are willing to move forward with this, provided that that gap is closed. Thank you. Yeah, thank you for, I'm gonna ask the rest of the board. Thank you. Let's start with you, would you have any comments? Yes, great discussion. But I just still feel a little uneasy about a few things. I mean, when you first came in, came in like gang buses ready to go. And now you can't do the project unless you have the tier. Well, respectfully. Mr. Greenberger was here. All we ever said, and we were going to run the tape back. We're not magicians. We can't do things that don't make economic sense. That don't work in the financial markets. What we said is to the extent that anybody can finance something and build something and execute something, it likely will be us. So, that's a distinction. It didn't say we have a trillion dollars, and we're ready to just do whatever we said. Given, we don't know where this market's going to go. And by the way, the market happened over the last three years to go down. So I don't want to get into this thing where we said we were going to build it, and we're gangbusters, and now we're not. What we all we ever said was that we loved Boehm, we believe in this project, and to the extent that it is financible, and it is economic in the environment that we're operating in, we will do everything we can, and we have the best or as good a chance as anybody else to get it done. And so us coming to you for TIFF is actually in line with that. Because that's us saying, guys, this is the gap. We're covering the rest of it. There's, there's, this is the gap. If we weren't coming to you, that would actually be more problematic because we wouldn't be building and you'd say, what are you doing? Does that make sense? Yeah, sure it does., rather, is this one project broken up into two phases? Or is this two projects? It's one project broken into two phases. So then if you complete phase one, which is on the southern end. That's correct. Whatever that time frame is, that ten years, you'd be willing to come back to the negotiation table for phase two. That's not quite what the commitment was. What we agreed to do was to demonstrate, and actually your CRA will be retaining their own vendor on economists at our expense, at my clients' expense. and that economist will be tasked with doing the same thing that Mr. Abramson did, which is to show you, to tell you, what is the fiscal gap? To reaffirm whether or not the fiscal gap that's established now has grown or is less. And the way that the wording is, and you'll see it, and it's not our intent to change it, that is if it is equal to, if the gap is equal to, or greater than, it could get worse. They're committing to what they're asking for now. But if it is less, then we're not asking you to pay, you know, that same number, it would be reduced accordingly based on the difference. So you get to see it again and you get to- The cap would be there 35, too. That's correct. Whether it could be less if the fiscal gap- It could be the cap. Yeah. Now for whatever, because I'm a little paranoid, based on what we've gone through- Yes, true. We understand. If you complete phase one, or when you've complete phase one, you'd be looking for the tip on that. It's upon completion of the project. But if it's one project, why should not both phases be completed before you looking to get tiffed out Well, no, they're finance. They're opposed. You don't finish face to for whatever reason So we've been there done that okay and and you go your way Tiffs are in tiffs are incentive agreements. We need an incentive their finance the projects are financed separately and and their incentive agreements. So what the incentive is is, I mean, I don't, we're, what we're trying to come to it, a deal on is you give us the incentive on phase one, we perform on phase one, and then the capital, and then the capital that's going into phase one has to has to know that the TIFF associated with phase one is good. So that's that. And then we have a date, an incentive date to hit phase two, and then we're gonna do everything we can. It's in our interest, we paid market value for the land. We have no reason to do everything under the sun, just like we're doing now, to come back and build phase two. And if phase two gets built successfully, then that would receive its tip. So but phase one can't wait until the end of phase two to get to start getting tiff, because that doesn't function. We need phase one is related to phase one. The taxes have to be paid to unfa- I hear what you're saying, Rob. I really do. I just like the as my legal, if they walk away in phase two, what's our protection? In the structure that's being proposed The if phase phase one is completed and then if goes out on that and phase two is not completed Essentially what happens is we just don't pay tiff because they're not eligible for tiff till we get it So if the project isn't completed it doesn't go on the tax rolls. There is no tiff to give so It doesn't we lose the incentive you lose the incentive. So if two is never built, then we lose the $15 million award here. And whether it can be built in five years or 10 years, who knows, whenever the market improves, they'll be looking. And by then, by the way, remember, by then, the CRA is likely to have expired, or it's about to expire. So the opportunity, they have a huge incentive to go forward with too, because the CRA is going to expire. Palm Beach County is not extending CRAs. And when they do, they're not offering their portion. They're saying, Sierra, you can do whatever you want. Boing, and if you want to do it, go forward. But we're not in. So the incentive to them is to get, and I think Catherine acknowledged that, is for us to get going as fast as possible. Because when it expires, the money expires. If we don't do what we're supposed to do, we lose our incentive for two. You don't have to pay. And that puts you in the same position as you would be. You're not in any worse position. You're actually in a better position. You're in a better position because there's phase one. And it's done. But again, again, just like we said three years ago, we were here, we are going to build phase one if we can close the gap, and we know it, that's a short term thing. We're gonna build, we're gonna build it. When that's done, we will go and do everything we can to build phase two, but we're not magicians, and we can't build things that aren't economic. So the benefit, though, of approving the two kind of the contract with two pieces, especially given the legislation that we're dealing with, is that it would, we could capture the second phase prior to some date that they turn off this CRA tool, which preserves our ability to incentivize us to work together to build phase two. So that's why it's so important to capture them both now and improve them as one project with two phases. But with the guardra rails that fiscal gap is capped for phase two. Okay. Believe me, Rod and Bonnie, I want to get this done and complete it probably more than you do. But you know, get burned once, shame on you, but twice, shame on me. So I'm not saying that you are going to. I just want to hear it up front. And that legal is saying the right thing that I want to hear and they are. So, you know, I want to move it forward as quickly as possible. I really do. And if what we're saying here, it can be written up in black and white. If I may, yes. So the question that you asked is precisely why we're back before the board, right? And the practical reality is, and Mr. Singer can correct me if I'm wrong, but from a secure financing perspective, it makes more sense to treat this from a paper perspective as two projects, because that's more financial security in what they're trying to do. And you can correct me if I'm not encapsulating that correctly, but in terms of their financing it as two different phases. And so we would be aligning our financing with their current financing plans so that's what we were seeking your direction on and I may not have said that. I mean what do we call it one phase with one project with two phases or two different projects but the idea is that they should be they should be documented and approved now prior to this tool going away but with the incentive dates in the guardrails that are in place. And I would say that even the CRA's consultant, Mr. Abramson, he couldn't have been, I mean, it was just last month, he couldn't have been any clearer that the numbers are the numbers that the gap exists and that he would he was recommending to, that the, because he's not only looking at does the gap exist, he's also looking at the benefits that come from delivering. And the benefits to the city that come from delivering are so in excess of the rebate that we would get back that it's overwhelming to, and that's why other tiffs are awarded because it's a program that makes sense. So his point was given that this biggest $500 million between the two of them and it's the biggest in point and beach and there's all this debt on it and everything else. Use, let's use the tool that's available and let's move to get forward together. Thank you. Board Member Kelly, any comments? Thank you, I just have one comment. Thank you both of you. You know, this has been a long process. And I just for the public who hasn't been involved in the process, I know there are some that are, you know, this is, you know, we have been, you have worked with the residents. We had all kinds of neighborhood meetings. When you worked with the residents, you changed different parts of the plans based on those conversations, based on conversations with us and the board. And it is always a hard pill to swallow when you're looking at the numbers because they look big. We're also looking at a almost $500 million project. So when you look at, you know, how that's really going to going to change the city and I know that there's some hesitations and I think with everyone because we're so used to looking at dirt, it's hard to imagine looking at buildings. I think we all share in that kind of reservation as to what this is going to look like and how it's going to change the look of our city. But we know that it's your right to do it. You purchased this property and I know you're coming to us asking for TIFF. And I also just want to remind the people that are listening. That like you mentioned, you're paying impact fees and all of these fees that benefit the city up front. And so this is, you know, this is coming on the back end once you build. So if you don't build the project, whether it's now or in five years or you don't build the CRA and you know, it doesn't start paying you anything until it's built. So it's really an incentive for you, like you've said, to get the project started. And we... And completed. And completed, absolutely. And I understand, I spoke with staff, and I understand the reason to phase in the award. And I think part of what board member he was saying was, and I agree, is that it's kind of hard when you have a one project. We're used to having one project and dealing with that one project with the TIFF request and to have it be, and I understand that it's been broken down all along into two phases and so it makes sense to break down the Tiff Award now too. But there is some concern that if all we get is phase one, you're still collecting Tiff on phase one. Even though phase two, the entire project is not completed and so that is, you know, it's a, because we want the entire project to happen and so really it is one project and so that is, you know, it's a, it's a, because we want the entire project to happen. And so really it is one project. And so as much as I understand breaking it down into two phases, I have concern and I, although I know Catherine has worked really hard and your legal team has worked really hard to put in. Guard rails and I appreciate that. My concern is just that if we don't get the whole project, you're still collecting on TIFF and then we're looking at dirt on one project. And I understand I know that that's not gonna happen. But just like Board Member Hay said, we have been burned. We're sitting here looking at dirt that another developers for to these residents in the past that they were gonna get senior housing that they were gonna get all that, with no intention. I don't think he had any intention of building any of it. And that is, I think he just placated the public and telling them what they wanted to hear. And now here we are having to convince our residents to support you and to understand the vision that's a hard pill to swallow when they were promised previously that it was going to be low. And so I support you in this part. You have in your have in your right to do, have bought this land. And my only concern, it is that I am, it's difficult for me to swallow that you can potentially collect tiff money on phase one and we're potentially looking at dirt and phase two. I know that's not your plan, I know that's not your intention, but that's my concern. Well let me respond because it's a re, it's, it's, um, if we, to get phase two done, the best way to get phase two done, that the whole thing done is to get phase one done. If we can't get one, then we're not going to get two. Right? That's true. It's true. So what we need to do together is get one done. And to get one done, we need a tiff. That building needs to go on the tiff roles and the lenders will not give us the money unless they know that there's a tiff. So it's not something I can even, it's not like I can't negotiate it because it can't get done. So first phase has to get its tip upon completion. And that gets us the, and if we don't build phase one or start on the exact date, then the whole thing, the whole commitment's off and everything's done. But if we do succeed, think of it as an incentive. If we succeed on phase one, then we earn the right to have an incentive date to hit for phase two. And the best way to get phase two built is to get phase one built and then have the incentive for phase two, we are absolutely, we're not going anywhere, we've been kind of using around for 55 years. We're trying to build phase two. But to break the deal, to make the deal such that we can't get phase one finance, because you're worried about whether we build phase two is counterproductive, because then you get nothing. And we get nothing. So we have to, and it's not like the previous developer where he was handed land for free. We paid market value. We're operating in, you know, in the real world. And we are executing at this level. We have absolutely finn millions upon millions and millions upon millions of dollars to get even where we are today And what we're saying is we share your vision We want to build two ability we built both two pieces of land But we in order to get there We have to get one done first and so that's why Yes, there's a theoretical possibility that we build one and then the world blows up or God knows what happens and phase two sits there. That is a possibility and people are going to have to, I mean, it's, I don't want that either. That would be terrible. But we can't let the fear of that scenario stop us from using the tool that we have now to allow us to take the first step, which then gets us the second step. No, I get it. And I don't want to keep beating a dead horse because I feel like that's what we're doing. But the numbers that you've come up with to break down in phase one and phase two as as far as your tip requests. Where have those numbers come from? And this is my thought process. For your consultant. No, I mean breaking down phase one and phase two, I know where the total came from, and I know where we've talked about. The breakdown is specifically from the consultant. Are you asking the question that we're asking for more in phase one than phase two? Sort of. I'm almost thinking I could swallow it if phase one was less. Almost like you are getting even more of an incentive by color. Again, again, it's the other way around. The numbers that you're consultant came up with were 20 and 15. The reason why the tiff requirement goes down in the later years is because we all agreed that the rents would theoretically go up and so the gap would be lower. We pretended in the analysis, and Mr. Abramson can get back on, that the construction cost would not go up, but that the rents would, and what that did is it shrunk the fiscal gap for the outbuilt for phase two. That's actually what happened. So but in the present day, especially given everything that we're dealing with, I mean, the number, to be honest with you, our original economic consultant showed a much higher number. We in Abramson are sure that this particular tip for phase one and phase two, the breakdown of them, this is just, This is just what it it is in order to in order to move This is just, this is just what it is in order to move forward. And the thing is, you're not giving us the money until, first of all, we complete. I know. And second of all, we pay you and you rebate. Yeah, I know. So it's the interests are aligned. The interests, you have to believe us that the interests are aligned. We're not someone who's got the property for free and we don't have any experience and we're messing around and we don't have Goldman's. I can assure you that if there was ever like a proper use of the incentives in a particular environment that demands it and a project that deserves it, it would have to be this. And just a reminder, this may be the last application that you'll see if that bill is approved unless somebody can get in before the, if it's effective July 1 before July 1. But and when that happens, you know, you're losing not just your portion of the tool, but you're also losing the county and how often does the county contribute to Boynton Beach? So that's a real opportunity for you. And I'm just gonna say something, I'm probably gonna misstate it and I may get corrected, but I remember hearing, it might have been sitting as a commissioner when Commissioner Turkin said, don't let perfect get in the way of a good deal. You have a good deal here because you get to use the county's money too. And it, nothing is perfect. Perfect would be that there would be no fiscal gap and he wouldn't need, he could have started, I don't know how many months ago when he actually acquired the property, but it's not a perfect, we don't have perfect conditions, we're so far from perfect conditions, it's sad. But we're hopeful that for phase two, and that's built into the numbers that when we get there, rents will be up, his first phase will be stabilized and you're looking at potentially reduction or maybe not at all. Right. And I think, you know, I, and the thank you for just saying that because it reminded me that, and we talked about it earlier tonight, where, you know, we do get to reevaluate phase And so if for some reason your need some reason your need for TIFF is less, then that does decrease need. And so- And you control it and the CRA controls that. It's not like I'm going to turn in, and they negotiate it, because I wanted to hand a report in that says whatever I wanted it to say. I mean, I'm joking, but they said, no, no, no. We're controlled to report. we're going to tell you if you need this or not. So all we're doing is by pre-approving it, we capture the, it's like a placeholder. We're capturing it in now so that it doesn't disappear. But you have a guardrail. And again, if the world is great and we don't need it, we don't want it. Right. OK. I don't have any other questions. Thank you. OK. That was a lot to take in. I obviously would like more time on this issue, just because I am new here. And this has gone all over the board. And so we do not plan to vote on this tonight, correct? No, Madam Chair, we were simply seeking your direction on the treating the financing of phase one and phase two separately. And as well as any other feedback you'd like to provide us on any other aspect of the terms. If we receive that direction, then we will proceed to bring agreement or agreements to you next meeting for your consideration. At which point you would take public comment and vote and all of that. So this is certainly not the final look at it, but given that this is a slight change from previous discussions, we wanted to seek your input before we finalize. Okay. So when when it comes back next time then we will do the public comments. Correct, okay. And just a reminder our next meeting will be about two weeks from now. I mean that's enough for me to digest this after everything and hearing the earlier comments. Can I make a last comment? Please. So again, I reiterate, I stated it before, I'll state it again. This project is very important to our downtown, it's the core project of our downtown. So I do understand that and we have given TIFF in the past. My hesitation is the amount. We've never given this much, right? I do understand we're getting the public parking spaces. That's a public benefit, right? So, I guess, here's my question. And see if you guys would consider. If we were to potentially move forward with an agreement, and we can have more conversations with staff and things of that nature, but we are getting 473 public parking spaces. You're giving $4.5 million to the workforce housing fund. Now, in my opinion, and I don't know if the board agrees or not, but giving money to the fund is great, however, in exchange potentially for giving you guys TIFF. And you don't have to answer me right now. It's a conversation we can continue to have. But it's just so that you guys can kind of see where my mind is going. It's like instead of giving that money to the housing fund, why not just appropriate some units for workforce housing so that we can feel better about it and say, you know what, like we're providing workforce housing for the community, we're giving public parking spaces. And that way, I mean the significant tip that we're looking at here would be more palatable for me. You know, I would definitely feel better that way when we're actually physically getting because it is way higher than the other amounts that we've looked at before. Well, can I get it? You don't have to answer now, but let's talk about it. the reason the number is, so we're doing 900 units and it's 35 million. Other tips have been 10 million in 300 units or something like this. 300 units in 10, or 11, or 9, or whatever. And again, once you adjust for the different benefits and everything else, but it's just proportionate. The numbers are big because the numbers are big. It's actually proportionate to everything else that's ever been done. So that's, and I think that's a really, really actually it's an important point because it's two different buildings, both of which are about double the size of other buildings. So the nominal 35 million is a function, not of a bad deal. It's a proportionate deal that relates to the market and relates to other tips and everything else and it's been approved and studied. So that's that. If, when we were going through the site plan process, there was a, I might recollection, is that the city was more interested in building up their workforce housing fund. So it's a statutory thing. So it says like either I did this many, you can give this many units or you can pay for them. There was an interest. When you have the cash, you can use the cash to renovate apartments, build apartments, build houses. You have flexibility with what you do with the cash. You can borrow against the cash. There's a lot of things you can do with the cash. And what we understood is that people at the city wanted the cash. If we wanted to, I mean, that's how we got here. But if for whatever reason we want to reopen that and look at providing certain units on site, we can look at at that. Yeah, I don't want to put you guys in the spot I'm just I just want to explain or or share but it's two different things You brought up two points one is the amount and the other is your interest in maybe getting affordable units on site Those are two different things the amount is the amount it's been established by Everyone under the sun and it's proportionate. But the other point, which is I'm happy to talk about, we're here to talk if cash, if the theory is changing and now you say, look, instead of this, you want some units on site, we can talk about that. We want it, we're flexible. I think at moment we we start to wrap this one up and put it on for the in two weeks Because that is a different issue than what we're talking about so I'd like to digest that issue as well And the difference of the funds or the credit so I think that we should wrap this up and move on to the next Thank you very much. Thank you very much for the time Madam Chair, I apologize before you move on. Would the board like to provide any direction to us as to whether it's okay to divide the financing of the two phases or whether that's not acceptable. We just need that so we can wrap up a potential agreement. So in other words, for the TIFF for Phase 1 be treated separately than the TIF for phase two different agreements or one agreement that specifically segregates those two together or from each other. So in other words, it basically complete phase one south. They start receiving TIF on it. If they don't build north, south continues to exist. As if. I think for me, I think because board chair wants to take some time to digest all of this, and there was another proposal that was put on the floor tonight that I don't know that we're ready to give you a consensus. I think that the next meeting is in two weeks and hopefully by then Portugal will be in a better, I just, I don't understand. I want to give a direction providing. I don't want to give consensus when we don't have everyone on the same page. What's the worst case scenario of being caught on the wrong side of 991, HB991 in terms of how he could have heard us. Well, so I'm going to answer this with a verbal asterisk in that this is a live bill, meaning it is being amended. There's already, we're already operating under a committee substitute that was not the original bill. So I cannot speak to the final language, it could change tomorrow. If the bill, as it exists today, we're to go through, the CRA would be limited from engaging in any future projects as of October 1st. Which means that anything put in place before then appropriately put in place before then could continue to exist. So does it have to be decided to night to escape? 9991? No. If 9991 were to pass, it would need to be decided fairly soon. Because there are some machinations on staff side that we would need to do to put in place to secure existing and approved projects. So you, what I'm hearing you saying, we do have one mobile at the apple. Yes, in terms of meeting, yes, sir. And again, 9991 is live and there is quite a lot of discussion around whether it will or won't happen. And we certainly can't predict that certainly with your direction tonight. We're going to actively participate in that fight and hopefully take an effect. But we don't know that yet. Bonnie, thank you. So, for point of procedure here, when we come back on April 8th, which is great, we'll look forward to that. Should we, I guess, bring in two agreements with us. One, consolidate and two separate for phase one and two is that our plan. I'm just trying to figure out how much work we have to do between now and then. What is that your preference? that we're going to be able to do that. And I'm just trying to figure out how much work we have to do between now and then. Is that your preference? I think that's a good idea to have the options. Okay. Fine. Does everyone agree? I mean, we can't give consensus tonight. So if that's your option and that's what you feel comfortable doing, then I mean, I. I'm not sure if we can get in the motion. We'll be right. Thank you very much. Good. Thank you. Now move on to item 15. The first item for discussion and consideration in section 15 is item 15A, welcome. Evening Teresa Utterback Development Services Manager. We have a property before you. Oh, there I wanted to get you acquainted to where it is. It's the blue outlined in the map. And I wanted to show you where it is in conjunction to the new cottage district, which is that larger parcel to the north. We own a piece of property that is adjacent at the back end, which is the little yellow square next to the blue one. So I just wanted to give you a location to get familiar with it. It's being offered at $375,000. I believe the sellers are here tonight in case you have any questions. If they wanna come up. Anyways, $375, we had it appraised. The appraisal came in at $500. It's about 0.33 acres. So I did, oh, we have a for the backup backup there's an average. It's averaging out at about twenty six dollars a square foot. And in comparison the other thing I want to let guys let you know is on the appraisal the other properties coincidentally because we are the only ones buying vacant property over there right now, those are all the comparisons on the appraisal our purchase is. Right, yeah, so, but it's within our price range as far as square foot, so it's up for discussion. Theresa, do we know what, because, and Tim, correct me if I'm wrong, but my understanding was this was listed or they reached out to us with a potential and then we had it appraised and now they're asking for more. Correct. What was the original amount that they were wanting to sell it for? 265. I think was the original listing. And that was just recently. Yes, ma'am. Okay. Okay. Do you want my comments now? So I mean my position is, and I, you know, you know, this is one of those things where sometimes an appraisal bites us in the, but you know I want to work with them and my position is to direct staff to negotiate closer to maybe where they were willing to sell it just a short time ago before we had it appraised. Just you know I want to work with them but at the same time I feel like they're taking advantage of us having it being praised and when we're, we're, we're, we're paying for property to, to acquire for potential use, we're not doing this to, you know, to make a buck. We're spending a buck. So I just, so that's kind of my position on that is I'm interested in this property But I also want to be fiscally responsible. We're talking about taxpayer dollars here, and so I Want to make sure that we're we're being responsible about that. So that's my position on that I have a question when the appraisals are done. Are we doing the appraisal? Or is this the seller doing the appraisal? Do the appraisal. OK. Appraisals are, I mean, they're only good as the paper they're on sometimes. And it depends on the appraisers. So we shocked it came in at 500 in this market. Yeah, that. What am I missing here? That is enough to date appraisal, right? Yes, sir. Yes, it absolutely is. It's based on the size and a recent sale right next to it that we did not buy, which I would have liked to have bought. But there's a property right next to it. It would be down from the yellow, there you go, thank you, Picky. Right, right. So that recently sold, which affected the appraisal with the different comps. Okay. And these properties were both in the same condition? Other vacant, I mean, the one, the smaller piece that just sold recently next to their property has a garage on it that had brought no value to the property. But those properties, just, you know, again, 407 that we own is half its size and we paid, I'm just putting it in perspective. We paid the same, just a little bit under the same amount of square footage. You know, you guys want to say, oh, that's been a while. It's been a while, but we bought that one at like $23 a square foot because it's, and it's half the size, just for perspective, that's all. I'm all for this. To me, it's almost like a no brain out here. What am I missing here? So I just feel, you know, from, we need, it's a good piece of property. And to go from $575, I mean, what's the deal? I want to hear some more input here. What am I missing? No, I, it's all in perspective, right. I think it's also, too, as a seller side, trying to make a deal, because it could sit there for a very long time in this market. And the owner is incurring possibly some maintenance costs. And I'm just speaking from being a real estate broker. Exactly. We are in a different market, but I think that could be the incentive to be taking it less than a praise or value. We purchased that property back in 2020, about four years ago. When we were in the middle of the business. Yeah, and we were at the peak. We're not there anymore. I'm going to be back in 2020, about four years ago. When we were in the middle of the conference. Yeah, we were at the peak. We're not there anymore. Would you, the seller is here. We're good. I'm good. OK. Anyone else? Yeah. Oh, I don't want to negotiate on the day. OK. Great. I don't have any questions. I don't have any questions. I don't either. Will. What do you want? Any public comments on this? Any other public comments? We would be looking for a motion. I think I believe I heard as a possible consensus is to work with the seller and an opportunity to negotiate lower closer to the original listing. We would as staff look forward to talking with the seller and seeing if that is something that we could possibly come back with some different. That would be my my motion. That would make the motion. I could if I could just add one thing. Nicholas Haney agent for the property seller. I think it's an important time with this property. It was on the market, yes, for less. But I think the CRA and the city needs to seize the opportunity to grab it before it's gone, like a lot of these other parcels. I mean, the parcels that you guys spoke about before, a lot of those will be gone before you guys get the opportunity to purchase it. So I think, don't be penny foolish when trying to throw an assemblage together like this. I was actually part of the original team that had won the bid for the Cottage District prior to Poulty. And so I know the value of the area. I know the value of the assemblage. So I kind of urge you guys, you know, it's way under a praise value, obviously. And the value is only going to go up once the Cottage District's built, and it comes to you know don't look at today's value look at when the cottage districts done that that value and it will be a lot more you know for this type of product. I can appreciate that. I just we're talking about taxpayer money and I have to be fiscal year responsible so if we can save some money for the taxpayer money for us to use to purchase other properties and that's our job to do that. So I appreciate your comment, but that's I'd stand on my position that if we can negotiate it, I would like to hear back at the next meeting of what we were able to come up with. We can actually take that direction by consensus and without motion if you prefer or you may certainly make a motion second and get public comment your choice. Okay, I see four nodding heads. So I'm going to give my consensus to move forward and further negotiations and bring you back in agreement next. Okay, thank you. assuming we can reach terms bring back an agreement next meeting for your approval of rejection. Thank you. Thank you. Thank you, Board. The next item for discussion and consideration rejection. Thank you. Thank you. Thank you, board. The next item for discussion and consideration is item 15B and auditor selection committee for an RFP for auditing services, Mr. Tak. Ms. Vicki Hill, our finance director in conjunction with Janice Rustin with Los Longman and Walker are going to be here to discuss this item. Thank you. Good evening, Board Chair, Board Members, Vicki Hill, the CRA Finance Director. I'm gonna put this to Janice. She is the expert when it comes to auditors. I'm gonna just back off. Thank Thank you. Good afternoon. Good evening, Janice Rustin, Lewis Longman Walker. I work with Kathleen Ross-Mellon. All government matters. I specialize in government contracting and procurement. I do a lot of work assisting the CRA with their procurement matters. The CRA staff reached out to me. They're interested in doing a request for proposal on auditing financial auditing services. I advise them that the law changed in 2019 regarding how government entities can go about obtaining auditing services. Right now, under the new law, the governing body board, your board, has to select the auditing selection committee. The auditing selection committee has to be comprised of at least three members, one of whom has to be a member of this board. This is different from different, from kind of a typical procurement where the selection committee is typically staff, because they work really closely with the contractor. In this case, staff is not permitted to be part of the audit selection committee. Under Florida law, it has to be at least one member of the board, any other of your choosing. Next, the audit selection committee establishes factors by which to evaluate the proposals that do come in and that happens at a public meeting. So under this new law it creates a little bit of administrative challenges because it requires a meeting of this board to select the audit selection committee, then the audit selection committee, then to set schedule a public meeting in order to establish factors, and then there's a selection, the actual selection that happens in a public meeting and then the award at the board. So in light of the change of the law, a lot of local governments, smaller local governments, have decided to make their entire board, the selection committee, and establish factors pretty much at the same meeting. And then once the proposals come in, they do the review and analysis at the same meeting. It sort of makes it a bit more efficient. That being said, we do have other boards that have one member established, one member of the board, and reach out to the community to get either an accountant or somebody with the kind of specialized knowledge on the audit selection committee. So what we're here today to ask for three things. First of all, we'd like you to ask you to establish the auditors, the audit selection committee. That's the first step. And so before we move on to the other things, just have questions or how you'd like to proceed. Board Member, do you have any questions? Well, I guess my question would be why just one, why not all five of us? Exactly. And this is what a lot of our government boards say. Let the whole board be the audit selection committee and then we can move forward. I think in the long run that would be better in my opinion. I've seen it work both ways and I do agree that when the governing body acts as a selection committee, albeit in a different capacity like you're a City Council and then you become the CRA board you become the audit selection committee wear different hats But I see it work much more efficiently when the entire board acts as a selection committee That's my position. That's all it. Okay. That's what I like to see All right, so before moving forward to the second ask I have for you, which is establishing I agree with that. All right. So before moving forward to the second ask I have for you, which is establishing evaluation factors, is there a motion from this board to appoint yourself as the audit selection committee? So moved. Second. Okay. So what is the actual question? Motion to appoint the full CRA board as the auditor selection committee. That's the full version. Do we have a motion to select the full committee as the auditor's selection committee. I believe you have a motion in the second on the table so you may grab the vote when you are ready. All in favor, please say aye. Aye. Aye. Aye. Motion passes 4 to 0. Now is the audit selection committee. I'm asking you as the audit selection committee to approve the evaluation factors. Staff has put together some evaluation factors in your package. They're on the table. They're in a table in the agenda memo. You can take a look at them. What we were recommending, one of the other changes was the price, if you're using price to evaluate as one of the evaluation factors, it cannot be the sole or predominant factor when selecting an auditor. The theory is that they want you to vote for more in the qualifications as opposed to price. So for as part of the evaluation criteria, prices establish 30 points, but it will be sort of evaluated separately. It will be evaluated using a formula whereby the lowest price proposal will get full marks 30, and then it will reduce incrementally based on the difference between the lowest price and the next highest price. And so what that allows the selection community to do is to make the selection basically in the technical factors and then staff will come in with the formula for the price and that gets the total value of the evaluation scores. So the next motion would be, if any questions about the evaluation factors? And just one, looks good. But how did you come up with the point spread? Did you just? We, I've worked with Mr. Tach and I provided him some samples from some other districts that we've worked with doing audit request for proposals and I provided him some samples. And we've done, I have and well, Janice, even more so than me. We've done other different weightings whether it be through RFQs and this is kind of of a typical, however, in an RFQ, it'd be based upon experience and qualifications, opposed to a contingency for price. But I mean, this is a typical spread that you would be looking at. This can be altered at your discretion. So you're not bound to this. However, as she said, the price is treated a little bit special because they don't want that to be the full consideration. A turn of the dominance. Janet, as you said that this is the best practice out there. Would you use that time? It is the best practice, but I will note that the range, the points spread for price varies some go from 10 points because they really want to focus on the qualifications of the auditor and some are more cost conscious and they go for 30 points as long as it's not over 50. I would not agree with 10 on a price that's important. 30 is where I would like to have it stay. Stay. Not all the colleagues, but that's okay. I agree. So what do you want us to do? legal how would that be worded? So I think sitting as the auditor selection committee, if you all are in agreement, you would be looking for a motion to approve the evaluation criteria as presented. A motion to approve the evaluation as stated. Second. Okay, so. She took it off. So everyone in favor of the motion to approve the evaluation criteria as, what did you say? I was presented. I'm just going to provide I I and it is 4 to 1 motion approved 4 to 1 4 to 4 to 0 4 to 0 4 to 0. That's right right here and I believe the final issue to decide is the schedule for procurement and I believe the staff is hoping to publish the RFP by March 21st like tomorrow. We've reviewed it. It's legally sufficient. And then with a deadline to submit the proposals by April 25th, that would have the audit selection committee occurring at the May board meeting. And I'll assist staff, give them some, you know, materials that they can use to guide you through the selection process. Perfect. Oh, if that schedule. But we would also be looking for your approval to issue said RFP, as well as the schedule that she stated. And a draft RFP has been provided with those criteria already listed in it. So there would be minimal alteration needed to issue it tomorrow. Thank you. Moving on. Thank you. Moving on, item 15c. Madam Bourd chair. I believe we are looking for with your approval if a motion to approve the schedule and issuance of the RFP. Motion's right. Prove the RFP for financial auditing services and the RFP schedule as provided. Second. All in favor. Aye. Aye. That was easy. Motion. and Madam Bordshire, I apologize if you could offer for public comment on these three issues as a whole at this point. So if we have any public comment, please step up. Seeing none. No, okay. Thank you all very much. Thank you. Thank you. Okay. Now moving on to 15C, Mr. Tach, can you open the item? Absolutely. At the last February 11th meeting during the Board's discussion of the fiscal year budget amendment for the unreserved fund balance. The Board made a motion to allocate funding for future adaptive reuse of historic properties, especially for two 11 east ocean Avenue. the board directed staff to begin evaluating the current condition of the property and bringing it back for further board discussion. I wanted, we didn't have a real opportunity and I don't know if you've seen the condition, but we have a limited assessment of the building and if Vicki if you could pull that up real quick. As a part of that, they took a look at what they could physically observe and you're limited because you can't actually see the bones of the structure, if you will. You can crawl in the attic space, you can look at the apparent damage and you can make an assessment based upon that what needs to be evaluated and what needs to be immediately addressed. And this is what they did. So this was very limited. It's one of the lesser expensive options as far as getting an assessment. They identified items that need immediate attention. So staff will be looking at contractors to go ahead and address these. The idea there is that you can stop the bleeding that we can at least save it up to some ability so that we can minimize the amount of impact environments having on this building. So we are moving forward with that. We don't anticipate that to exceed our purchasing thresholds in which we would have to publicly solicit bids. However, if it does get to a point, we may have to come back just, you know, we may be doing certain portions that make sense together without getting into the weeds on this. But you can see if you've gone through the photos, you can see that there's damages that need to be addressed and they need to be addressed in the short order. Some things a little bit longer out. But ultimately, as a part of this assessment, they made a recommendation if you're looking to look at more of the longer term. If you're looking at getting this to the point where it's fit for human occupancy, we need to do a much more comprehensive analysis. And staff is going to be looking at proceeding with this as directed by the board and that could potentially put us at an RFP scenario. So we don't know that we will be going out we will get proposals we'll see where we're at and then based upon what we get back we may have to procure an in accordance with our policy or the city's policy that we abide by. So there is a potential. Now sometimes with those, there's the opportunity. Within that, when you start looking at the actual structure and the bones of the structure, you may have to do some altering or maybe even would they consider to be destructive method or an approach and we're going to we're going to do our best to avoid that but certainly we need to get a structural analysis that's more in depth than just the physical appearance of it. So we're going to move forward for your direction in that I just wanted I wanted to give you an idea of what it is you're looking at because most people haven't even seen it but from the outside, right? So I just wanted to be, I want from a stack level to have as much information for you all as we're going through this. And now that we have that funding appropriate or appropriate for this purpose, we would like to have you as knowledgeable about this as we go through it. Perfect. May I? Of course. Tim, when my understanding and just so that thank you for the update, I'm glad to see pictures and to see what's going on. I'm glad we're moving forward with making those, you know, those, those repairs now. My understanding is you, with regard to, kind of Andrew's house, Magnuson, this lot, you have a meeting coming up with staff and with other members of the historic save our answer. Recreinating with the city. Right. And so. That's actually how many yes? So I just want to make sure that we're creating and we're creating a new process that we're creating and we're creating a new process that we're creating and we're creating a new process that we're creating and we're creating a new process that we're creating and we're creating a new process that we're creating and we're creating a new process that we're creating and we're creating a new process that we're creating and we're creating a new process that we're creating If the option and what ends up happening is we move the Andrews house to the same lot that the Magnus and House may have to shift in order to accommodate it. And so I want to also just be mindful of that as we're looking at costs to make, you know, to have this, this other more in-depth, you know, evaluation of the building that we have some answers and some movement as far as what the plan is. Before we make, before then, we get that report that says this is what it's going to cost you and then now we're having to shift gears a little bit. So I just want to be mindful of that and I want to just, you know, for the members of the public that we are kind of moving in that direction where we are mindful of the urgency to address Andrews and Magnuson. And I'm super. Thank you for adding this to the agenda tonight so the weekend update as far as the status of the magazine because it is definitely a Disrepair and this is something that I really pushed to make sure that we were starting to actually get these back up and and able to be utilized because right now It's not usable to anyone so it's not safe. It's not habitable It would be condemned if anyone got a hold of it and it wasn't historic our intent from staff is to keep you at price as we go through this so that you understand what those dollars look like. And we will be very mindful because we're not exactly sure what. Right, I just want to move into something and then we're gonna end up shifting gears and moving it and all of that. So, but thank you for for adding this and I'm glad to see we're moving forward with getting Magnus and band-aid it up and repaired a bit. So, thank you. More than band-aids on this one. Yeah, lots of band-aid. I remember going back to 2012 and sitting in the chambers and there were plenty of RFPs at the time and that is now 13 years And it wasn't in good shape then so I can only imagine what it is now But it is disappointing to see it sit there so long and look the way that it does and I remember before it was like used a storage and And I just think it's just gonna keep getting worse for probably one hurricane away from that thing down. So I think we need to make some decisions pretty quickly on that. Chair, hey, anything? Chair Cruz, any public comment on this issue? There, B2. Mike Fitzpatrick, 175 Southwest Secondary. I thank the board for looking into this. Just a couple of points. I think Bob Katz made a good decision, and it worked out well that they actually raised the Andrews house and if you put them together you would have to raise this house too. And I think that is a good, I think it is the best way to go because it makes it easier to change all the existing utilities like sewage and water half, you know, you got lead pipe or cast iron. I know that all has to be replaced and it actually might be cheaper in a long run to raise it so you can just have a crawl space to replace that stuff instead of cutting into and breaking into floor. So, and also if there is a hurricane and a storm surge, that it's gonna go through that a lot better so that's one thing and the other another point two points is I think you could put a new roof on and now you stay band-aids if you put a five-v metal roof on a galvanized that's good for 50 years and I'm pretty sure that fits the historic era and so there's two points on that one it'll last a long time and I think you do that before you move it so you wouldn't be a band-aid it would be good for 50 years and then you could we'll see how things work out but to me it would be a good idea to you know you could glue solar panels on that because I think for the future, you know, that would be good to show the city is looking in that direction. And then the third thing to think about is that back section, if, is how historic is the back section? This was brought up a little bit on the Andrews house too, but is that lower section part of the original if it's like 70 years old and okay or 80 maybe you should plan on that, but if it was built in the 50s and if the cost of trying to repair it as that and it's not that historic maybe you could make you know it might be better to tear that back portion on if it's not 1919 and rebuild it cheaper just so I'm saying these are the kind of factors you might want to you know the look at thank you. Thank you. speaker please. Hello speaker please. Hello, my name is Flynn Holland. I'm very excited that something's gonna be done with the Magnuson House. I guess my suggestion is as in all things the history how old is the roof? Had the roof been repaired and the bottom damage has just been sitting there. And what repairs have done has there been termite inspection or tinting? It seems just had been sitting there, but none of us have seen inside and I'd love to see inside. But it looks like, yes, there's need to be repairs. And you're absolutely right, they need to be somebody really into the appraisal. We kind of looked in terms of the Andrews House and the Magnuson House that if the ball gets rolling, we can talk to a lot of the local businesses. We have two, three roofers right on the back road that might aid us in, you know, the RFP give us discounts because it's historic and because it's the town. So those are my suggestions. Thank you. Thank you, next speaker. Yes. Good evening again. My name is Barbara Rady. And for anyone in the room that doesn't I'd like to thank the staff for their support. I'm sure that the staff will be able to realize I chair the city's historic resources preservation board still and probably I'm the only person in this room that knows that if you want to fix things inside the building it's not affected by its designation. Our program is only concerned with the exterior of buildings. Okay, I don't know if that makes you feel better or not. I hope so. I like my suggestion of putting a metal roof on it. I think that's a great idea. That would be something that would probably come before my board and I can foresee that some might object to it, but I would not object to it because of its practicality. Also the solar panels on the roof, another great idea, thank you, Mike. Thank you very much to this board for earmarking $300,000 for historic preservation. We've been 12 years without a historic preservation planner and nothing has been spent out of the city budget to go towards historic preservation. So I just wanted to tell you that I'm grateful and I'm sure that there's a lot of citizens in the city that are also grateful. My biggest fear is that 300,000 isn't going to be quite enough. We might need to take another bite at the Apple because this is an important project. And I think it's an economic development strategy that would bring that area of ocean avenue to life. And it also does not represent 30 feet of concrete straight up the wall and right on the sidewalk of Ocean Avenue, like, has been zoned to do. So thank you. Thank you. I'm going to stick in on the table. Getting late. I was like, I'm gonna walk up, how we started until like, I'm gonna walk up to how we started to go. I'm going fast. Susan or Boiton Beach. Yes, I think everyone well knows that I'm all for. Let's save the Andrews house. I just want to make sure this is on the record. So sorry, I'll go quick. Let's move it to the Magnuson area. Let's make a compound. Several of you have taken the tours down in Del Rey and you've seen exactly what can be done, how it is an economic driver. Let's make it happen. And now you have a woman who's wanting to come forward and put in exactly what the public has said they want in these buildings, put in a coffee tea house and have pastries and have food. Which by the way, we were promised in Commissioner Haywell, remember this, sorry, vice mayor Hay, vice chair Hay, sorry. You will remember this, it's new transition. You know, when we came forward with the town square project initially, we were promised food, and it's not here. A friend of mine owns restaurants. She tried to come in and the CRA director at the time blew her off and said, no, and this is a woman who's owned multiple successful restaurants. And she would have brought in a ton of people, and you blew it, and she's now in Lake Worth Beach. So let's get somebody in here and this lady is capable of bringing food in in addition to great coffee, which I don't drink coffee, I don't care, make sure you have some or great tea for me. But let's do this. Let's make this happen. I'm on the Winton Beach online chamber. The BBOC I was talking to Rick days ago, and we are all for working with the city and getting businesses into this building, or even having the BBOC go in and rent a space like the upstairs rooms could be office spaces. You know, let's make this happen. There's so many things that can be done, and now's the time in CRA, let's do this and get this on the board before you know you're not allowed to should the worst case scenario happen in Tallahassee. Thank you. Thank you. Next speaker. Wendy Falcadica Rado just to put on the record as well. We definitely need something in our little downtown area to draw people. I'm totally attracted to the historical, I own a historical home and I think that the little vignette that we can make in that little spot there could also be little boutiquey things because we don't have anything to do downtown. I mean I walk downtown all the time and it's like okay where do I go? How many times can go this little restaurant? There's nothing to see, there's nothing to inspire. I'm an artist as well in floral design, and I need things to go to make myself get my mojo. And there's absolutely nothing. And I just, I go home and I just go, I'm so frustrated. I'm just so frustrated. And I could see and we saw before when we did our shiurets, I bring that back again because I don't know why that gentleman didn't base his designs off of our shiurets, of our charets because that's what the city agreed with. That's what we the people agreed with. That live right here in this community, you have to look at this thing every day. and the government and bases designs off of our charets because that's what the city agreed with. That's what we the people agreed with. That live right here in this community and you have to look at this thing every day. I mean, are you live in district four, you live in district one, you live in district two. I live in district three, I live like one block away and I will speak to you in this monstrosity every day of my life with 800 new people sitting in my city doing what? There's nothing to do downtown. We're just going to have traffic. I want you to think about that. I don't even talk about monies, but you're not talking about the influx of people that are coming into the city right here and nothing to do. What jobs? I mean, who are we kidding? Let's build our city downtown first, and then bring the people because there's nothing for them to do. There's nothing for me to do. I have to keep going somewhere else and I hate driving to go all the way to Del Rey or all the way to West Palm Beach or find something to do. There's nothing for me to do. I have to keep going somewhere else, and I hate driving to go all the way to Del Rey, or all the way to West Palm Beach, or find something to do, because my city doesn't provide that for me. So I think the quinter we can continue to even add on, giving an older look to whatever you were doing at the Magnes house, and at the, pardon me, at the Andrew House and at the Magnus House, whatever we can do to create a little village, you'll bring people in and they'll sit there all day long. They'll go shopping if you have little boutiques, little antiques, even a little village, you'll bring people in and they'll sit there all day long, they'll go shopping, if you have little boutiques, little antiques, you in a little thrift store of clothing or something, and have a little cup of coffee, have a little bite to eat, it makes community and it makes sense. Thank you. Okay, public comment is now closed, what are any of colleagues like more discussion? Now, one point to in response to and I don't ever do this, but the 300,000 was just a starter. So we realized that we are likely going to need to invest more money into these homes and into the historic nature. So 300,000 was a starting point. That was something that was decided at glass meeting. And so just to answer your question, that's where we are. I know being in the neighborhood a long time, I remember when this was going to RFP, and again, we had a lot of great potentials. And I don't know what happened, but I know it ended up with a realtor practice realty and I will never understand of this day how that happened 12 years ago when we did have we had coffee shops and restaurants and pizza and we had so many this room was that room over there was packed with potentials and then next thing you know it was listed with the realtor and I don't know the history of that I would not like to see that happen again, because we wasted another 12 years and the conditions only getting worse. Okay, let's move on to projects in progress. We choose the one that's the one we're during agenda. We select the ones we're in here about, so we're all done. Okay. Okay. Is there anything else for the discussion? May I have a motion to adjourn? Motion to adjourn. Second. All in favor? Have a adjourning? Say aye.