Not to any particular individual on the diester in the audience. Personal attacks and insults are strictly prohibited. Disruptive behaviors are likewise strictly prohibited. If you violate these rules, you'll be asked to leave these chambers. Let's proceed to the invocation led by Board Member Hay followed by the Pledge of Allegiance led by Board Member Kelly. Let's stand for the invocation and the Pledge of Allegiance. Let us pray. How many Father, we thank you this afternoon. Thank you for the opportunity to serve. We come before you with great for hearts as we gather for this community redevelopment agency board meeting in Boynton Beach. Doing this east to season, we are reminded of the themes of renewal and hope that the resurrection of your son, Jesus Christ, brings to all. We seek your wisdom and guidance for our city leaders, our staff, and all those on the disown of my voice, the senior. Grannis clarity of mine and unity of purpose as we deliver on matters that affect our community. May our decisions reflect justice, compassion and a commitment to the well-being of all of our residents. Lord, as spring brings new life around us, inspire us to work together to revitalize our neighborhoods, foster an environment where businesses and families can thrive. Help us to be mindful students, help us to be mindful stewards of the resources and the opportunities you have entrusted to us. Bless is meeting with your presence. May our efforts this evening contribute to the flourishing of Borgon Beach. We ask this in the name of Jesus the Christ, we do pray and ask it all, let every heart say amen. Amen. I pledge allegiance to the flag of the United States of America and to the Republic for which it stands, one nation, under God, indivisible, with liberty and justice for all. Thank you everybody. Let me turn to our deputy clerk, Tammy Stanz if you could please begin the roll call. Chair Sulton. President. Vice Chair Haye. President. Board Member Cruz. Here. Board Member Turkin. President. Board Member Kelly. Here. Chair, you have a quorum. Thank you. We are now moving on to addition's to additions, corrections to the agenda. Let's begin to my left board, Bermur, Turk and other additions, corrections. You'd like to make to the agenda is published. Thank you, Chair. Yes, I'd like to move up 14A and 14D to after announcements and awards. Okay. I know nothing besides that. Pardon me? Gee. Board Member Kelly? No, that's fine. Board Member, hey. No, I have none. And board member Cruz. No, for me. Thank you. Okay. May I have a motion to approve the agenda as amended? So moved. Question. Yes. Where are we going to move 14 a and two. After nine. Right, board member of turkey, that's what you're gonna ask for. Yeah, 14 a, 14 d after nine. After nine? Yeah, there's no announcements or awards. Okay. Thank you. I don't wanna add anything. I just do we want to specify if we want to hear any projects at 16 or I don't have any that I necessarily want to request. Are you talking about for the information? For 16. Yeah. I know. I'm good. No, I'm good. I saw the block up over at cottage district. OK. So now, may I have a motion to approve the agenda as amended? I moved. So we did that already. We did. We did. Just call them all in favor. All in favor. Say aye. Aye. All those opposed say no. knee, sorry. I'm sorry. I'm sorry. I'm sorry. I'm sorry. I'm sorry. I'm sorry. I'm sorry. I'm sorry. I'm sorry. I'm sorry. I'm sorry. I'm sorry. I'm sorry. I'm sorry. I'm sorry. I'm sorry. I'm sorry. I'm sorry. I'm sorry. Questions related on the House or Senate bill, then I have no further legal comments. Catherine Rossmo, Louis Longman and Walker. Thank you. One question. Do you know what the next vote is going to take place? No, sir, it's not set on the committee agenda yet for either. In the Senate committee, it rules committee, they meet up right until the end, so it could be called anytime really before May 2nd and the house it's either likely going to go forward either next week or the week after but it's not set on the agenda yet Catherine when it gets set on the agenda can you Can you let us know on both? I know there's usually advanced notice it's posted. Yes, If you can let us know that would be great. Absolutely. Thank you. And also have you spoken with lobbyists? So I personally have not spoken with the city lobbyist. However, Chris Lyon, who is the lobbyist from my firm that we engage for this has been coordinating with your city lobbyists on this effort and they are working in tandem. Okay, very good. Thank you. Okay, good. All right, thank you. Now let's begin informational items and disclosures by board members in CRA. Let's begin on my left, board member Turkin. Do you have any informational items or disclosures? You'll have items in the agenda. I did speak with Kim Kelly about 14A. I spoke with Jeffrey Burns regarding 14D and I did speak with Bonnie, Missoule regarding 14C. And also received a plethora of emails regarding 14C as well. Board Member Kelly. Thank you, Board Chair. I also spoke to Kim Kelly and Jeff Burns with, well, Kim Kelly regarding 14 A. Jeff Burns regarding 14 D. And I spoke with Bonnie, Missile and Rob Singer regarding 14 C. I also received emails and spoke to residents with regard to 14C. And my only other thing is I just wanted to thank staff for a great swing market. I think it was very successful. It was a fun time. I couldn't drag my daughter away. So we had a blast. It was a good time. So thank you to our staff. They always knock the the I want to call it an event. It's an economic driver spring market. So thank you. Board member Cruz. I received a voice mail from Jeff Burns regarding item 14D and I got many emails about item 14C. That's all I have. Board member, hey? I did attend the market and it was great. I also talked with Jeff Burns and Bonnie Miskel and received several emails about item 14B. I too spoke to Bonnie Miskel. Jeff Burns, Kim Kelly last week received many emails and many phone calls regarding 14C. Okay, thank you. Now let's begin information only or then any information only items my colleagues would like to discuss. Well, and this we go through each one. Okay. This is different than 60. I think Tim Tak gives us a progress report on each one. Tim? You can choose to hear them if you like or not. So if you'd like to hear any specific one we can open that up. Or if you would prefer to, it's the board's choice. It's for information only. There's no motion or action that's required. On the screen. Fine. I'm fine. Okay. So no items discussed. Thank you. Let's now begin announcements and awards, but we don't have any. So seeing no announcements's move on to the next portion which would be 14 a and 14d correct correct Okay All right, I'll tim tech I think executive director for the CRA 14 a this is for discussion consideration of the lease amendment between the CRA and CAFEBORICE doing business as a clerk. Are you moving from the table? Yes. Yes. Thank you. So motion to welcome from the table. Second. All right. So we have all in favor say aye. Aye. Aye. So we have a motion passes unanimously to untable. Yep. Okay. So the CRE purchased the properties located at 511-515 and 529 East Ocean Avenue back in December of 21. At the time of closing, Cafe Berista, doing business as Hurricane Ali, was a tenant with an active lease which was assigned to the CRE. the most least extension expired on March 1st. They have requested a one year least extension to extend out to March 1st, 2026 under the same terms and conditions of the current lease. The Bbqoze LLC has provided with the request for an extension and has approved that request as the future owner. Due to the condition of the building and condition of the bill. The bill is the bill that is approved by the bill. The bill is approved by the bill that is approved by the bill that is approved by the bill that is approved by the bill that is approved by the bill that is approved by the bill that is approved by the bill that is approved by the bill that is approved by the bill that is approved by the bill that is approved by the bill that is approved by the bill that is approved by the that's what it would look like at three or four or five percent. We have provided a attached draft lease extension based on hurricane alleys request and the increase of with the sales tax as reflected for your approval I believe Kim Kelly may be here or online So if you have any questions Chair, can I have a question for staff. Tim, has there been any in the last year have there been any significant maintenance issues or items that needed to be? We haven't had anything above and beyond what we would typically do. It's relative to the minimal. I think it's around about a thousand a month maybe give or take. It may be even less. So we have an I know because last year we had an AC replace and we had another. Yeah, no, there's nothing missing. I can't repair it. Okay, perfect. Yes, I'm just requesting to renew the lease for the year at the same condition as we requested. Okay, so at the same rate, is that what you're looking for? Yes. Yeah, I mean, here's my opinion on this. You know, obviously there's a project that was in litigation to no fall of Kim's, no fall of the CRAs, no fall of the cities. And I think if that wouldn't have happened, you may be in your new building already. I believe so. And Hurricane Alley is, isn't has been the anchor of East Boyton Beach. Before you had 500 ocean, before you had a lot of this new development, everyone was coming over here for Hurricane Alley. It's a staple, right? It's a created a draw before people even wanted to come here. And so I think we owe it to our local businesses who are loyal to the city, a little to the CRA to assist where we can. And so I'm totally you know renewing as it is now. I believe hopefully construction will start sooner than later and you'll get into your new home. So that's my position. Any other comments? Questions? I agree with the I agree that I'm in support of not increasing the rent and leaving it as it is moving for the forward to the next year. Board Member Hay. I am in agreement to keep the rent the same. been stated already. I don't have to restate that, but he's been a faithful entrepreneur in the city of Boen. Going on 30 years. Thank you. Thank you. And I, yeah, same for me, I support not having an increase in the rent and keeping an as is. I agree. So we have a motion. Motion, what exactly do you need, Catherine? Just motion to renew the lease as the current terms. All right, motion to renew the lease annually. What? Just as requested. Okay, motion to renew the lease as requested. Catherine, the lease agreement though has an increase in the rent so we need to be modified. Yes. We will modify the draft in your packet. Does that have that? We will modify that number in consistent with this motion before it's signed. Very good. Thank you. Okay. So we have a motion and a second. All those in favor of the motion say aye. Aye. The motion passes unanimously. Okay. And then we're moving up 14 B. D. Okay. Moving on to 14 D. The next item for discussion and consideration is the continued discussion and consideration of the second amendment to purchase and development agreement between and and BBQ as LLC for the 1-1-5 North Federal Highway mixed. Mr. Tak. All right. The Siri Board, back in June of 22, approved a purchase and development agreement, a tax increment revenue funding agreement and a parking lease agreement with BBQ LZ for the Pierce. They have proposed an additional second amendment during their permitting process. It was discovered by affiliated that utility relocation underground needed to be a curb prior to the construction of the garage structure located at the north portion of the property. team has quar Cornie with that Pino in the city to come up with an estimate of the cost of the proposed improvements which is around 520,000. They have not been able to develop a firm cost but are working towards that. As such they have proposed a second amendment to the agreement which would allow them to close on the property with a couple months in order to complete the utility relocation work ahead of the vertical construction of the project. At the last meeting, the board expressed a desire to explore an alternative option in which the salary would retain ownership of the property and provide funding for the necessary work to be repaid on the closing date. However, after further investigation between CERI staff and legal, it was determined that that option is not feasible. As a result, we are looking at either to proceed with the option that the developer has proposed as a second amendment or To continue under the terms of the existing agreement If we adhere to the current agreement construction we need to commence on Based upon what the the developers cited if we can if we proceed under the current agreement They would start construction on the end, which would impact how long Hurricane Ali would be able to stay up and running. So I'll turn to Catherine to talk about the actual specific terms of this agreement, but that's kind of a highlight of how we're at today. Sure, thank you. So just to refresh everyone, one of the reasons that this has come before you is because typically the CRA does not turn over property without financial assurances in place that a project can be prosecuted to completion. In this case, as Tim articulated, the developer came to us with an alternative proposal in which they would provide such financial assurances at a later date. And if they're not provided, then the project or the property could be reverted to the CRA. So this agreement, as it exists right now, provides for a reversion of the property to the CRA, if various portions of the project are not completed properly. So this adds that financial insurance component to that. So to sort of recap the general process, because I think it's helpful for this discussion, is we would enter into a purchasing development agreement upon showing of financial wherewithal to complete the project. We would close on the property, they would take ownership in Cummins construction. This is a little bit of a moving around of the deadlines. And so if this is to move forward, we did put some additional protections in the agreement, both in terms of adding the financial insurance as a cause for a revertor, and also the developer agreed that they would pay attorney's fees if the CRA had to take legal action to prosecute the revertor, so long as the CRA was successful. So those are sort of the main benefits. It's an atypical procedure for us. We did explore a variety of other options with the developers, but there are sometimes difficulties in public procurement requirements and developer desires and the way to make everyone both legally and financially comfortable. So we've come back with these as the two most viable solutions. So one is to allow the project to proceed as it is currently contracted for. Developer has represented that they're able to complete the project as anticipated if we do nothing. The other is to accelerate the closing, turn the property over before they give us financial services, but allow us to revert it if things start to go south. So we can run through the other options we discussed if necessary. Again, they were deemed either not legally comfortable or economically viable, but we do have that information. And I also believe that the applicant is here. Yes, I see Mr. Burns out there and it was also Ms. Cohen. So if you'd like to hear from them, I'm sure they'd like to add your option. Yes, ma'am. What is the deadline or looking at the agreement I don't see anything specific? What agreement have you proposed or have they agreed to that they would provide us the financial documents after? Sure, let me scroll to it real quick. Thank you. Okay, it's no later than the date. So under the existing agreement, they have a date and I'm going to have to, I apologize, I'm going to have to scroll through it. But right now they do have a closing date deadline and then the financial assurances would still have to be provided to us on that date. It's just that they would already own the property at that point. So it doesn't extend their timing to get financing and I can get you the date in just a second so I understand is there's a utility issue and there needs they need to be updated can we elaborate on that And who's responsible for that? I can have Mr. Burns talk about that. And while he's coming up, it's 36 months after the receipt of land use approvals would be the closing date. Land use approvals does include plating. So although there are some land use approvals in place, they have not yet hit the trigger for that 36 months. So more than 36 months from now would be the providing of financial assurances. Good evening, Jeff Burns with affiliated development. First off, thank you for moving the side of my, my little girl has a birthday today. So it'll allow me to get back to her. Yes, so we have to underground, both FPL lines, and replace some sewer along the alleyway on the north portion of the property. And you can't do that now because we haven't closed on the property. So typically, you not going to go spend half a million dollars in approving property that is not yours. So it's requirement for us and our funding partners to make sure that if we're going to spend money that we own the property and there's a requirement in order for us to get bank financing and sign a GMP with our contractor, the T's, utilities, get out of the way because that's where we're building our project. And would this allow you to start with, will this allow you to start the new hurricane alley faster to get Kim and her new location? Correct. So we sequence construction in a manner of which allows us to start on the north portion of the property, which is her new building. Before we demolish her existing structure, which is on the south portion of the building. And the reason we sequence things that way is because we want to keep the duration for which she's going to be closed to as little as possible. For her business and the viability of her employees and everybody. And so by doing all this work, it allows us to start construction on the north portion of the site. Without this, we would be forced to start construction on the south portion of the site because we'll be waiting on the utility companies to come complete this work, which could take a long period of time. And that would just extend the duration for what she would be closed because we'd have to demolish the building right out of the gate. Yeah, it's been unfortunate with setback after setback. I don't have any more questions right now. Jeff, trying to understand all these moving parts here. As a stand now we've gone from three options down to two as what we originally started out with. This problem with utilities, was this not foreseen from the beginning? Why is this coming up now? Yes, no, this was an unforeseen site condition. Generally speaking, you don't get any of these types of things until you get into the permitting process, which we're well into. So this is something that we didn't know about going in, otherwise we would have structured the agreement right out of the gates very differently. And so this is part of development. We encountered this, it's a requirement, this isn't anything that we caused. In fact, these utilities don't service our property, they service outside properties. We're willing to spend the money to relocate them in a manner and improve them in a manner which benefits the general public. But certainly nothing that we had could have encountered prior to this getting into the permitting process. But you want us to pay for that half million dollars. No, actually I'm proposing to pay for it. Now, I guess, okay, I'm willing to go along Okay, I'm willing to go along with option two as I understand it, but I need some words to ensure that if they go south for whatever reason which he tells me they they're not going to, because they really have to complete this project. And I want to believe them, but having gone through what we've gone through, OK? I want a little more assurance that if they go south, then we get our land. And we didn't have that before. We lost that. It was embarrassing to me. And I don't want to go through that again. I like Jeff and Bonnie, but, but business is business. And if there could be some words that could be put into agreement to assure us that that would not happen, I know we would have to go through court and attorney fees and all kind of craziness for long at the time. I'm hoping we don't get there, Jeff. I'm hoping we don't get there. But I can get back back to my point can we put some words in there to give us a little more assurance that that Won't be a problem for CRE in city There's a revertor. Yeah, there's a revertor clause in this agreement that's so I Believe another project you're referencing in the past There there was not a revertor clause in that agreement. There is a revertor clause in this agreement. So if the developer doesn't perform as required, the CRA has the ability to get the project back. We added, so right now that that... Can I show it on the screen? Sure. Vicki, will you pull up the purchase and development agreement please? Thanks. Yeah, me too. Sure. I'm going to show it to you in two parts because we're amending it. But I do, I would like for you to see it. And it's paragraph 22.1, Vicki. And so I'm going to recap it while she's pulling it up. If if construction doesn't occur pursuant to the deadline set forth in the agreement, the CRA can exercise her murder. Now prior to this proposed amendment, there is no requirement that if they don't give us financial assurances, the property will revert. The reason that that doesn't exist is because under the agreement, as it exists, they won't own the property until they give us financial assurances so there'd be nothing for server. So what we've done in this case in the proposed agreement for your consideration is added to the existing reverted clause, a provision that if the developer is unable to provide financial assurances, then that is grounds to revert the property. And it's that would occur on the date that was originally set as the closing date. In addition, the developers agreed that if we have to take any legal action as prosecution or defense to secure that reverted and the CRA is successful, the developer would be responsible for our reasonable attorney's fees. So that further minimizes the financial risk to the CRA. It does come with a time risk, of course. And there's always a risk when we're turning over a large asset, right, without the financial assurances. So a bit of a risk remains. And there's, to be clear, there's nothing in this proposed amendment that accelerates any timeline in the construction. Now, Mr. Burns is representing, and I think honestly and practically, that he anticipates that it would speed up his process, but there is no proposed change to the agreement for that. I don't, sorry, and we're a member of Mayback and clarify. So if we are able to close on the property you know, in the next 60 days, you know, we would get back on FPL's schedule. We were on the schedule previously and we got moved off. So we're set back a few weeks because of that, but because we haven't been able to get back to them with a start date on this utility work. But assuming we're able to close, we'll get back on FPL's schedule and we'll immediately commence the work on the north portion of the site with regards to the utility relocation. So that work would take place very quickly. And again, it's just half a million dollars or more out of our pocket that we're willing to spend. So it definitely adds more risk from our side of the table as well, but something we're obviously committed to doing. We got risk too because we've given up the land and you haven't proven your finances. So that's a risk on our part that disturbs me because that's what we were before. And I hear what you're saying, but I've seen Riverta Clause go south. Okay. And it was a drug on and on and on and on, a lot of court fees. Or I'm gonna trust. Okay. Okay, and it was it was it drug on and on and on and on a lot of court fees. So I'm going to trust. Okay, I'll legal that we will protect it this time and battery verticals and I'm going to trust you to do what you say what you're going to do. Of course. Because a lot of developers have not. They say one thing and they speak with forked tongue. So I don't want that to happen again. That's all. I'm just nervous based on what we've already gone through. Yes. No, completely. I completely understand. I understand what happened to Town Square. I understand the concern of the board. It it makes you feel any better, I mean, we're building these projects in every neighboring city in the around-boignant beach right now. They're all public-private partnerships deal projects. We manage money for public pension plans, including first responders for point beach. I mean, we're not going anywhere. We're not from out of nowhere. This is our home. We're continuing to do projects here. And we'd be crazy now to get this one going. I have one question. Why were you removed off of the FPNOL list? Why do you have to get back on it? Well, we were on there for selling. We couldn't commit to a start date because we weren't sure what we were going to be able to do with regards to closing on the land, so they just bumped us off and we'll get back in the queue. Board Chair, if I may, I'd like to add just. what we were going to be able to do with regards to closing on the land so they just bumped us off and we'll get back in the queue. Board Chair, if I may, I'd like to add just sort of one additional provision that may be relevant to Board Member Hayes' consideration. Which is that the year in the agreement in the instance that we have to take back the property. We do refund the purchase or the purchase price of the property. And along with if they had improved the property to some degree, then we would also pay them back for the verifiable out of pocket costs that's fairly standard. What we have added into this in addition to that is that anything that they do for this pre-construction work, we do not refund them for. So that's just a little bit of an additional protection. It's minor compared to the cost of the rest of the development, but it does again, it would ensure that the CRA is not on the hook for the cost of these improvements if the property were not to go through. Good. Good. Thank you. One, Chair. so I understand there's a typical or what was in the original agreement. It was 36 months, is that what you're saying? So, but I know that you don't anticipate that. So is that an honor before? Is it honor before that? Because obviously after the utilities are done and after he has his plat can we can we set that can we modify that date to make more sense so that we're sure because I mean 36 months is wide open but if if we know that the utilities are going to be done and we know that when the plat should be done, can we change that or modify that? So we have a little bit more concrete on when we can expect. Obviously, we don't want to, I mean, 36 months from now, I would expect your well on your way to construction and we haven't even gotten the financing requirements. So I want that, I would like to see how we can modify that to make it make sense because in 36 months from now I'm hoping you'll have shovels in the ground and be building so we can't he can't be at the middle of building and then we then we're getting the financing squared away. Or maybe I can help address that the reason reason why we establish these dates, they're deadlines, are absolute end dates. Just know that we structure, and you have a very good attorney over here, we structure this entire agreement to align interests. We have millions of dollars that we've purchased property, we've spent millions of dollars pursuing this project, and that money is burning a hole in our pocket. The quicker we get going, the better off we're going to be. The more we delay things, the more we sit and type, the more it impacts us negatively. And so these are inherently built in. We have an alignment of interest to get this project going as quickly as possible. And by the way, every single deadline that we have, even though they've been 24 months, we've done any fraction of that time. So every single deadline that we've had that we've accomplished to this point, which has been several, we've outperformed it significantly because our goal is to get this project going as quickly as possible. The reason you establish deadlines is for unforeseen circumstances, i.e., a lawsuit. We could have something happen with the economy, something completely outside of our control that doesn't allow us to move forward within a particular period of time. But I can assure you that we have a complete alignment of interest in here, even though it says 36 months, it's be 36 months it shouldn't be unless something completely unforeseen occurs and that's why we build those time frames in. Right no and I can understand that I'm just saying it doesn't make sense to have it be a set 36 months if it said honor before then that can make sense like everything is so that was my only clarification as if it didn't say honor before then I that can make sense. Like everything is, so that was my only clarification, as if it didn't say honor before, then I would want that because I don't want him to be in the middle of construction, and then our deadline, then he all of a sudden shows up with. I mean, that was my point is let's make it clear. It is a no later than the 36 months you're talking about. So I just want to make sure that I'm answering your question completely. The 36 months you're referring to is the 36 months from the last land use approval that was the closing date, right? Right, because you're saying that- That's going to be the deadline for the financials at this point. So yes, as long as that says on or before, then it makes sense because what I just didn't want us to be in the middle of construction, then that deadline is here and it doesn't make sense. So I just wanted, since we're changing parts and we're moving parts, I just wanted to make sure that made sense. If you give me one second here, I will read you the exact language, but it is, it is a no, I forget if it's no later than, but it is a 36 month at the very latest, not a specifically assigned day. Perfect. And while you're looking at that, Tim, this obviously doesn't affect our quarterly updates. And obviously we would be getting those continuing to get those quarterly updates even if we, even if this gets approved, that doesn't change moving forward, correct? This will not change your quarterly reporting term that's required per the agreement. Okay, very good, thank you. Okay. It says close within 36 months after purchase was received of the land use approvals unless extended pursuant to the agreement or signed by both parties. And then they do have the ability to extend the closing date up to 12 months with the serious approval. This does, the amendment does streamline that to some degree because the approval, as Does it not be unreasonably with held condition or delayed that typically means that it would be granted. So there's no additional time. Again, developers not is not offering to to accelerate anything as a portion of this in writing. He's articulating that practically it will accelerate it, but there is no written acceleration that is a part of this agreement, so it's not enforceable for acceleration. That's just the goal. Okay, thank you. Any other questions? Sorry, Tim is also reminding me that we also preserve the absolute completion of construction data in here that's not affected and it's reiterated in this as well so that there's it's absolutely clear that there's no no extension of time granted by this either. Talking to myself over here. Oh, and it's still going to me. I'd turn that on. We like the volume. Yeah. Can you remind me what the completion date is or what the absolute. It was 9.5 years from the effective date of the agreement, which was signed. 7 5 20 22 so. 2030. I'm sorry. 7 5 20 22 so 20 30. I'm rounding. No. I'm bad at math. 20 32. You'll be finished before then. Right. You better be. Right, Jeff. Absolutely. OK. So question with the revertor clause, can you walk me through what the, what would it take for us to, however, revertor, like, at what point would we need to do that, if what happened? So, there are several construction deadlines contained within the agreement,ure to meet those construction deadlines would be ground for a revertor commencement, completion, and some other things within there. You remind me the date of commencement? Sure. I want to say it's 12 months after the closing date. Let me let. I apologize. I should have memorized this I said, if it would be 12 months after that. Yes. Yep. And so that's one of them. And then what we would be adding to this, if you all opt to take the route where you amend the purchasing development agreement, we would also be adding failure to provide the required financial information within 36 months of the last land juice approval. So it would be an additional ground for a revertor. So again, the both options are before you to have it proceed as is or to take this at a typical we've worked with the developer to put on the guardrails that are acceptable to the developer and that would put this more in line with our normal processes. Okay, any other questions or comments from my colleagues? Or is there... Comparable with the provisions regarding the re-verter, with addition of the financial information I'm okay to move forward with the request So I'll make a motion You may make a motion at some point. I'll just respectfully remind board chair that public comment will be required for this item at before you go Anyone the public that would like to speak up on this Please stay too. I you. I think I just heard, if I heard correctly, that the city and the fire department's pensions are tied into this project. If I heard that correctly, isn't that a conflict of interest? I'm just bringing that to the attention so that I think that's what I heard the gentleman say when he said that the Our department and the police department's pensions are talking to this project. I just think that would be a conflict of interest. That's all thank you Good afternoon make McCray first of all I want to say to Jim Good luck you will get the job done. Thank you all for giving me the go ahead. We said on this project too long, thank you. Thank you very much. Any other public comments? No, it looks like they're all for a comment online. Yeah. OK, any of my colleagues like to make a motion, but you would have to let us know with that motion should be worded. Yeah, we, yeah, Catherine, I'm in need of you. Please. Would you stay in Denhouse? If you would like, so I'm understanding from your prior statement that you would like to approve the draft second amendment to the Purchase and Development Agreement as presented subject to finally go review. So move. Second. Okay. So we have a motion and a second. All those in favor of the motion say aye. Aye. Aye. Thank you. The motion passes 5 to 5.0. You know, anonymously. I'm ready to move on. Okay. Okay. We have a minute to come back. Okay. So now we're moving on to regular public comment. Please hold on. Let me go back into this. The public comment section of the meeting is for public comments on items on consent agenda or items that are not on the agenda. So again, if you're representing a business listed under consent agenda or if you're discussing an item that's not on the agenda. Not on the agenda. Now would be the 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, so we will move to online. Yes, Mark, our drawers went in beige. For the last two months, FRA has been working diligently on trying to get their point across to the legislature. I know this because I get FRA updates every week and it has been the primary topic on the reports, on their newsletter and I encourage you to contact your representatives. Senator Lloyd-Burman is on the Rules Committee. They're going to be meeting on this and they need to understand the R-C-R-A-S-Port Z-R-A-Macking. Also, Representative Kacello and others, you need to make sure that they understand the C.O.A. position. Next, I wanted to comment on the cottage district project. This goes back a long, long way. It is so good to see dirt being moved and stuff coming out of the ground on that because this goes all the way back to when Lisa Bright was first executive director. That's how long this project has been in the works and it is so good to see it come to fruition. It has been a very costly project. Costs are not done yet but it has been costly to this point. It's been one of the more costly projects that the CRA has done over the years. And I want to commend you on the efforts to try and get a CRA executive director. It has been very difficult. And the current situation with legislators has made it even more difficult to get an executive director and please keep trying. There are good people out there in the industry that are available as well and please pursue that. And that concludes my comments. Thank you. Thank you, next, please. Mike McCray, again, 14C will be able to comment on 14C. Yes. Thank you. Without saying that, I'd like to say to you all, and especially to Commissioner Slashboard, Mimiturking. Thank you for bringing it up before this board and before this city served. House bill 9991 and Senate bill 1242. Senate bill 1242 will not infect any health care workers, anybody like that. But you did what you're supposed to have done, sir, as a seasoned person. You stayed before the game, continue to keep doing what you're doing. You're doing all right. Thank you. Hi, Susan O'Air Boynton Beach. First I want to say it's incredibly cold in here. You guys really need to revisit the ice box tonight. So obviously I'm dressed appropriately for today. Yes, I'm in case you don't know my whole family are all gators. So I I want to say yay, the University of Florida won the National Basketball Championships last night for them in. It is our 49th National Championship FRII. We're the only division when school to hold both football and basketball championships in the same year that was 2006. I wanted to share some facts about UF. Since. We've won 156 Olympic medals. $1.26 billion was spent and went into research last year alone. Remember that number 1.26 billion. The average GPA is a 4.5 to a 4.7 to get in. The independent Florida alligator newspaper, which is the student run newspaper, is the largest student run newspaper in the United States. The home coming there is the largest student produced event in the world, through Florida Blue Key, which is the oldest honorary in the state of Florida. And I'm a member of that and I worked on home coming. Some of the economic drivers for the University of Florida, of course, as we all know is Gatorade, Lutana, which is FDA gene therapy for blindness. The new smart house, there's a cat, feline AIDS vaccine that was invented there. They've invented a bandage coating that kills antibiotic resistant bacteria. They invented lab-grown skin grass and HIV saliva test. A diabetes test that will allow you to find out if you're destined or on that path, years before symptom show. A company called TrueSoft is a glaucoma medicine that has brought UF millions and billions of dollars, as well as other exciting things including high olic-penet plants, which I guess is a special type of peanut, that they license out to like 30 peanut companies, so odds are you're eating it. And of course, Cintracon, which controls termites. Now, part of why I'm telling you all this is, oh, I can't forget this, they are the second highest university in the United States for BA's to African Americans, and the third highest in the United States for Hispanics. The reason I'm saying this is we ought to consider making our mall an economic driver. West Palm Beach was very stupid, and Ego's made the UF campus drop. Maybe you guys ought to think about putting the UF campus on our mall location. Think about the economic driver of having $1.26 billion in research in our city. Think about the high incomes, the high salaries, and that would certainly be better off than a bunch of apartments that none of us need or want. So maybe you guys want to reach out. Obviously, UF wants to have branch campuses. Maybe you guys should be looking at this. And yes, some of you seem excited and go Gators. Thank you, next speaker. Thank you all for your service. Thank the police officers back there for your service. My name's Cindy. I've been a resident for 34 years here. I've seen growth beyond what point and can handle. I agree with him. Oh, he went to his daughter's birthday. That's a beautiful project. It's going to benefit everybody. He's willing to cover the underground stuff. He's not asking for any more money. My concern is the town square project. The asking of the extra money. If you don't have the money, you don't build it. It's that simple. If I wanted to go build a house and I don't have the money, I don't build it. And eight story just isn't in sync with Boynton Beach. This is more of a fishing surfing type of atmosphere. We don't need to turn into a Fort Lauderdale. There's three or four other projects going on. They all seem fair. They all seem their high climates are reasonable. They're not going to bring in outrageous amount of traffic and bring in road rage and crime and insurance is going to go through a roof. That's how an insurance company picks your insurance. How many people are in the area? Your insurance goes up and up and up. We don't need the, they don't need the 35 million. They need to either compromise, either don't build or maybe do four stories instead of eight. Thank you very much. Thank you, next speaker. Hi, Gregory Hartman, 10-3 Southwest, 25th place. First, I want to say I think the Pierce is a great project. You know, the power situation seems unfortunate, but I think they seem like they've been a willing partner this whole time. And I've hit some snacks, but I that you know, that's a project. I'm still in big support of and can't wait for it to see be done I was hoping that would be the first for downtown projects done Secondly on the time equities thing here with our our town square project These are two big parcels and it's kind of been a climax since 2017 or 18 with this happening I don't think anyone thought this situation was perfect but I think the choices to great idea. I think that's a great idea. I think that's a great idea. I think that's a great idea. I think that's a great idea. I think that's a great idea. I think that's a great idea. I think that's a great idea. I think that's a great idea. I think that's a great idea. I think that's a great idea. I think that's a great idea. be in walk that direction so maybe that is the right thing to do. What I would say is we have to create leverage for ourselves as a CRA and a city. If we're going to approve something we want to get something next time. In my opinion that would be a building more in character at least in some ways with the second phase of the project. So maybe we don't get exactly what we want the first time it's a vote we can hold our nose and make but the second time we can get a chance to build something that maybe has more of the vision and impact we wanted to have on the city versus a vote that we took because we felt compelled due to what other commissions may or boards may have done. So with that said, I wish you guys luck tonight and good luck on the vote. Thank you next speaker please. Good evening. My name is Anthony Barber. I'm a 229 Southwest First Avenue. I want to commend University of Florida for winning the National Championship, but I would remiss if I didn't point out that Guard Elijah Martin, number 15, played for FAU for four years before you got to Florida. And so we were happy to help them win their national championship. I'd like to speak on the Town Center project. Commission, I appreciate you're bringing up the need for more activity for activating our waterfront for bringing more businesses in and you compared it to Boker aton. My wife and I moved here in 2020 from Boker aton. Interestingly, Boker aton when they formed their CRA, the idea was we're going to create offices in downtown. Myzena Park was built. It has not been as successful as it could have been. And one of the things that the city's now doing in order to accommodate that is building more housing downtown. They just are in the process of doing a public private partnership on their City Hall project. And the two top contenders, one was more office and retail. And the other was more apartments, and they went with the apartments. This, as I have researched this deal, this probably wasn't the best deal that Boynton could have done, but it is a deal that's done. And I think for the city, for our retail to build businesses, we're going to need to have residents here. And I think it's gonna have a positive impact on our tax base. And I encourage you to, if there are things that we want conditions that we want to add conditions but we need this project to get started and with the uncertainty in the financial markets right now, this should be a good thing that we can do to push the project forward. So thank you very much. Board Chair, if I may just convert with the board chair just as a reminder to the public. This is public comment for items on consent agenda or not on the agenda. Public comment will be taken for the town square item at the time it is considered. Of course, the comments that were made tonight will be incorporated into the record for that. But just to remind you, there will be a separate discussion on town square and public comment for that item should be presented then. There I'm on now, Cindy Falgady-Karato. I wanted to commend you, Vice Mayor Woodrow, that's been a very big concern of mine. We lost so much, so much $40 million stolen from us by our last leadership of the Lord of the Year. So I appreciate you wanting to put stop-holds there, that $10 property that I even asked when they were going to sell it to Ocean $500 for $10. And'll buy it for $10 And here they pay $10 and they sold it for millions. It's just criminal what happened I hope they're still in litigation. I hope that we get something back from what was stolen from because it's not stolen from you Just you it's stolen from all of us. It's we the people that was 40 million dollars of our tax dollars. And I believe in having businesses in our community but doing it with responsibility, it's businesses that take our tax dollars lower, not building the housing. Now I'm not saying we don't need housing, but we need more businesses to take the tax dollars off of we the people, because we the people are being taxed to the end. Thank you. Next speaker please. Good evening. My name is Flynn Holland. And I'm here to talk about the Andrews House. A group of us from the saving the historic Andrews house spoke with you in a group of people Mr. Tech. And what I came with, we weren lot of money. I'm going to get a lot of money. What I'm going to do is I'm going to get a lot of money. What I'm going to do is I'm going to get a lot of money. What I'm going to do is I'm going to get a lot of money. What I'm going to do is I'm going to get a lot of money. What I'm going to do is I CRA would be the best use of trying to find out how to take hold of the Andrews House and do something with it. But what we asked at the very beginning is we didn't slag along and have it lost in the amount of months that it would take. We in the saving have talked about it, have had meetings, we had a sharet, and then we come back and I feel like nothing's been done. So I would like to request it being on the next CRA agenda. We have yet to have it on the CRA. And let's discuss it and see the plan or not plan so that we can go forward because we've set up for fundraising. We can't fundraise if we don't see the future of the Andrews house. We think it's viable. I go back to, I told you last time I was here that you look at the history and when we're looking at everything that's happened here, we had a sharet in 2014 when the whole city changed. And what we brought up as the public is still what we believe in, which is what is our Our? Mr. Turkin said our advantages were close to the sea, were ocean oriented, and our history. And we've got a center of history within our city. We would like to add to it as a pioneer village. We've done work, but we're stymied unless we can go forward. So please, at the next agenda for the CRA, could we put it on? Thank you. Good evening, my name is Tom Wardke. I'm the vice chair of the CRA liaison for Remove Historic Andrews House. I'm also happy the Gators won, but I'm an FAU owl. I didn't know that that player was an FAU player previously. Great game. So I made a list of things that we know about the Andrews House and a couple that we don't know. Number one, we know that this item will be on your next agenda for the CRA meeting, coming up in a couple of weeks or, sorry, it's the May meeting. We know that the owner, Manny, Mato, wants the house moved or torn down unless he's changed his mind. He's been saying that over and over. He almost knocked it down so we know he wants it off his property. We know it is the oldest house in Boynton Beach and it is structurally sound. It was completely renovated top to bottom in 2001. We also know that the latest plans by our committee that were drawn up by Mike Fitzpatrick placing the house on the Magnuson House property were favorably reviewed by city staff and the CRA director last week pending further review. We also know that $300,000 in seed money has been allocated by the CRA for repurposing historic houses in Boynton Beach. We also know the results of the Sharat were clear. Move it to the Magnuson property on Ocean Avenue and repurposed it for light, very light commercial. What we don't know is if the owner, Manny Maddo, has been responsive to outreach from the CRA to a range for acquisition by the CRA. So we're more optimistic than ever that the house can be saved and moved to the Magnuson property on Ocean Avenue for use, open to the public, like commercial, a tea room, a coffee house, something very light that could be used, especially by city employees, and be an economic driver for the downtown. Thank you. Thank you, next speaker, please. Hi, good evening. Just my name is Justin Oliver. I'm a city resident here. Also, a small business owner. I have a coffee shop called Common Grounds here on Walbright and federal. I just wanted to show my support to both the Pierce development but also time equities. I know that it's coming up soon but my sign is at home and I need to get back to them very quickly. I am a current tenant, a commercial tenant in Casamara which is a time equities development in West Palm Beach. when I heard that they were going to be doing the development here. I was personally ecstatic because my experience with them has been nothing but amazing. I immediately reached out to Rob because I was very excited to hear that they were going to be doing it. One thing that I've noticed with mixed uses is that a lot of times it's not always the retail, the commercial is not always prioritized or thought out. But at cost Samara, with time echo base, it was actually thought out. And so it was a nice change up from what I've experienced. One point has been a nice home for me, but the retail was not necessarily planned out very well. And so when I saw some of the renderings that they were going to be doing here at Town Hall, I can see that it was actually going to make a lot of sense. And so I just wanted to be here tonight to show my support for their request for the TIFF incentive because I understand the climate right now, even with the CRA, with, you know, what there can be, you know, approving or some of the things that are being proposed. I think the city really needs to be trying to do everything they can to get this development push through. My wife and my son come to the library very often and it's been tough to see the development undeveloped for so long. And we live here, we do business here. And to see this development finally get going, I think it is critical to see it done. I know we've had a lot of different things that the city has approved, but I think we should be the most aggressive with the thing that's going to be like right centered to the city. So thank you so much. Thank you. Please. Hi, I'm Christy. I'm resident of the city of Boynton for over 25 years. I've never been to one of these meetings. I'm here in full agreement with what he just said. I think that the city needs change. I'm happy to see change. There's been nothing for so many years. So to see a little bit of growth, maybe some new restaurants, new businesses, hotels. I love that idea. hotel with maybe a restaurant inside, maybe a rooftop bar. That would be amazing. We, me and all of my friends, co-workers, we take all of our money to Del Rey. We take it to West Palm. Everywhere but Bointin, I would like to stay here. I think that it definitely, we need change. We need growth. We love everything that's going on. My family also has a business in the city of Boiton, so totally support that, the more people that move here, the more the businesses are going to flourish. So I'm totally okay with more residential, more apartments, more condos, more business, more restaurants, more things to do. Boiton Beach is very boring. I understand that there's all different types of people that live here, but we should also care about the people that have families because where are we going to go eat? Restaurants are closing, things are not. There's too many empty places, and I think if we redevelop, bring in a lot of growth and something new, then it's going to bring the people, it's going to bring the money for the businesses and I think it would be great. There's something else I was going to say. The other reason why I'm here is there's so much negativity on social media regarding these new developments. So I wanted to be here as a voice to just say, I think you guys are doing a great job, and I love what's happening. Thank you, next speaker, please. My name's Linda Morton. I'm a 52 year resident of Palm Beach County, a 26 year resident of Boyton Beach. I was noticing today in the handouts that the City motto says to create a sustainable community by providing exceptional municipal services in a financially responsible manner. And I'm directing my talk to this 14C, the Town Square Project. I strongly disagree with this incentive that is being requested by the developer, because it does not seem to me to definition of working in a financially responsible manner. We have already approved this project, and as Cindy had mentioned before this, if the developer got his approval, I don't understand why we're now allowing him to come in backwards and say, oh, sorry, I need more money and the city is responsible for providing that. We don't there's many, contrary to what the last woman said, that we have new projects going. We have pending projects, several other residential projects. And an eight-story building is not in the compiate with what Boyton Beach is about. We are thinking just as Tom said earlier about the amount of garbage, the amount of utilities, the amount of apartments that this is going to allow, it just doesn't make sense for our city. We just don't have the resources that is requesting. And I think it's just a break for the developer, and it's just another way that he gets more money, but it doesn't serve the city in any way. And so I would urge you, please do not approve this TIF request for this incentive for this project. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. No, they're online for consent items. We pull them so we're good with moving on. So public comment is now closed. We will move on to the consent agenda. Are there any items my colleagues would like to pull for discussion? I think that is a no. Nope, motion to approve consent agenda. Okay, so- Second. Okay, all those in favor say aye. Aye. Aye. Wait for me, Julie. Okay, we're good. Motion passes. Okay. All right. So that would go down to the ground. Do you want to just, there were people online to speak on consent. I'm assuming if we pulled the items, so I don't know if you want to just let them know chair that if they're that they don't have to say everything has been approved. So for consent. So and if they would still like to provide public comment, they may on the consent items. Well, there's no way for me to mean unless we there's no way for us to know if they want to speak without having been pulled. We didn't pull the consent item like on. So on. unless we, there's no way for us to know if they want to speak without having been pulled. We didn't pull the consent item. Like online it says they're here to speak on 11F. We didn't pull 11F. So then, I mean, there's not a way, there's not a mechanism to find out if they still want to speak or not, is what I'm saying. Okay. Can we let them in item by item just to let them and I realize that that is potentially technologically inefficient. But if- Yes. So- The first person haven't identified their item. Right, yes. So it says Danielle is here to speak on 11F, which is the approval of the commercial business grant for Bailey's blends. If she would like to speak she can start now. Danielle are you online? Yes I'm online. Did you have a public comment on your item? I did not have a public comment. I would just hear in case the board had any questions about our application. Great. Thank you. Thank you. The next one is. they are, they they are the applicants for so I don't know we don't normally hear from them unless. If they've indicated public comment, we did take public comment on the consent agenda items. They were given the opportunity however if they, we need to allow for public comment to the extent that they believe that that's what they were signing for. So I realize that it's inefficient and we'll work with technological staff for the next meeting, but if we could let them speak if they'd like to. So then the next one, Erica Roberts on 11G, that's on the approval of the Commercial Business Marketing Grant program. If she would like to speak, if she could just, she can, if you can go online, that would be great. Hello, can you hear me? Yes. Ms. Roberts, did you have any comments that you wanted to make on your item? Going once? Okay. We can come back if she comes back on 11. I Craig Drillage if you have that's the approval of the commercial business marketing grant program for property damage consultants. If you have any comments you can speak now. No comments. Great. Thank you. Okay. So that was all of the that are designated under 11. Yes. Right. I see. I see. We can just move on to them. I, real quick. IT, before we move on, there is one person online, but it doesn't indicate. I. Real quick. I.T. Before we move on, there is one person on online, but it doesn't indicate what item they're wanting to speak under. Can you update that, please, so that we know. Thank you. Oh, they're gone now. Okay. We're on 13, the CRE advisory board. Thank you. Okay. Moving on. I'm going to turn over to our acting executive director, Mr. Tatt. Can you give us an update on the CRE advisory board? Absolutely. There was not quorum at the April 3rd meeting. So we did not have enough attendees to our members to have a meeting. So we will be looking forward to the next meeting, which I believe we will be having quorum. Tim, can we get an email and who didn't show up to the why we didn't get quorum?, we we keep track and we work with the city clerk's office. We get to the body. Yeah, absolutely. Did you miss it by one? I think there was there was just a miscommunication with reappointments and whether they were reappointed or not. So I don't think it was your typical not showing up. So. Okay. not so I don't think it was you know you're typical not showing up so okay okay yeah right any other questions from my colleagues for staff on this item no okay now we'll continue to old business which 14 b 14 b okay the next item for discussion and consideration is the continue discussion and consideration of the purchase of 135 North East third ab Mr. Tach can you please open up the item all right at the last meeting in March the Sierra board directed staff to negotiate the purchase price of the property located at 135 North East third Avenue It's a vacant parcel located in the heart of Boing adjacent to one of the properties that we own by and just south of the cottage district. It is a vacant parcel of about .33 acres. The seller has lowered the asking prices of part of the negotiation from $375,000 to $330,000 and has agreed to the CRA standard closing conditions. Just as a reminder, the property did a praise at 500,000, so to substantially below the appraise value. They are here. There should be a representative to speak if you have any questions. The item is being brought before the board for your discussion and consideration of purchasing the property at this reduced price. Any questions for my colleagues on this room? That's always nice to have some walking equity. It's good. No, I just thank you to staff for working with the seller. I know there is, you know, to bring the purchase price down and I'm, I'm, I'm in agreement to this. Oh, Teresa works hard. What percent of increase was that? The from last month until this month? For giving it. Say again. A percent of increase. Well, it's actually been decreased. I don't know what the percentages top of my head, but I think it's around 34% below a price. Overdown? Yeah, this substantially lasts. It's 45,000. 45,000. That's over $0.00. They're originally looking at it. And it went down to, it went from $375 to $330. OK, thank you. Thank you. That's good. Any other comments from my colleagues? Motion to approve the purchase Any other questions? Any other questions? Any other questions? Any other questions? Any other questions? Any other questions? Any other questions? Any other questions? Any other questions? Any other questions? Any other questions? Any other questions? zero. Continuing on to 14C. The next item for discussion and consideration is the tax increment financing request. From time equities, ink for phase one and phase two of the town square project located at 120 southeast 1st Avenue and 100 east point in Beach Boulevard. Mr. Tach, can you please open this item? All right. Back in January 25, time equities presented before the CRA board with a request for tax increment financing for the development of two parcels of land located north and south of this building which are approved as a part of the town square project. The town square project is the subject of an existing development agreement with the city of Boen Beach. Under its existing approvals, the project will have a total of 898 residential market rate rental units. 22,500 square feet of retail space, two parking garages of which 473 are public parking spaces in the garages. The south parcel will be developed as phase one, meaning first of the project and the North Prosper will be developed as Phase Beach. The city of Boing Beach is the city of Boing Beach. The city of Boing Beach is the city of Boing Beach. The city of Boing Beach is the city of Boing Beach. The city of Boing Beach is the city of Boing Beach. The city of Boing Beach is the city of Boing Beach. The city of Boing Beach is the city of Boing Beach. The city of Boing Beach is the and In support of the project, time equities has requested 95% of the tax increment revenue generated by the project up to a maximum of $35.2 million. The request is divided between two phases as follows, phase one, 20 million, and phase two, 15.2 million. In January, the board heard a preliminary presentation by time equities, considering the developer's proposal. And at the last meeting at the March meeting, the board directed CRA staff and legal to work with Time Equities to revise the TIFF agreement to allow the following options. One, a consolidated TERFA agreement that covers both phases of the project or two independent TERFA agreements, one one ternford per phase. In response, staff and legal, I have worked with the developer to prepare two potential ternford agreements, which may be executed together or separately, to respond to both requests as requested by the board. Staff is seeking direction from the board on the proposed terms and agreement structure. We have a representative from time equities here, Rob Singer, to discuss any questions that the board may have, as well as I forgive me, you're legal from Bonnie, Ms. Kul's office so if you could introduce yourself, appreciate it done. Hi, good evening for the record. Christina Villanke from Ms. Kul back. My address is 14, so these 4th Street and Bogartown. I am filling in for Miss Miss School this evening. So bear with me. I'm not quite as familiar with all of the details, but I have been working to catch up over the last two days or so when Miss School determined she a conflict. Just to reiterate some of the items that Mr. Tax said, I mean, I know you've gone through the background, you've lived the history of the Townsqwer project for, you know, probably about a decade at this point, if not longer. So no need to rehash that, but I think there is a little bit of misinformation out in the public and some that was addressed in the comments that I wanted to discuss as well. And that is really the purpose of tax increment financing. It's a tool that it's afforded to CRAs were a portion of the city and townie taxes that are collected can be transferred to the CRA to support redevelopment activities. It's not funds that, you know, the CRA is spending, that could be afforded to other projects. It is tax funds that come as a result of projects being built that only come to fruition after the developer meets all of its obligations, develops the project, and it's open and operating. As Mr. Tacked indicated, there are numerous project benefits that come from the development of the Town Square project. They include the delivery of 473 public parking spaces. That's at a cost of about $26 million to the developer. So that's the construction cost that the developer is taking on that will be to construct the 473 public parking spaces. The city will then utilize and lease at a rate of 0% annually for a period of 100 years and they're going to be able to share in the revenue. I just want to make for the record that those terms were already worked out for the approval of the project prior. So these are not new additional terms for the TIFF. So members of the public, I would warn you a lot of this stuff that's going to be said are not current terms. These are terms that were decided on years ago because they needed the density to go for the project, they needed the approvals. And so a lot of these were already reconciled when this board, not me, approved this project a few years ago. Thanks. Yeah, and that's very fair. They were previously approved. I think the point is with the TIFF, you know, there is a gap in the financing. There's a gap in the funding. You know, the city hired their own consultant to look at the gap financing report and determined that there is this gap of 35.2 million dollars over both phase one and phase two of the project. And the citizen consultant confirmed that the project does have a feasibility gap that would justify the request. I mean, similar analyses were done for the Hyperion project, for the villages and Turfa agreements were approved consistent with those findings. Really, the TIFF, again, is a tool to ensure the development gets constructed sooner rather than later. Time equities has been working with the lender. They have golden sacks agreed to a term sheet with one condition and that's that the tip gets approved. So even in this market, I mean, I think multiple clients of mine are struggling with multifamily developments for the same reason and looking for gap funding. And interest rates have been going up. Costs of construction have been going up, and now we're dealing with tariffs that have caused even more uncertainty in the market. Which will bring rates down. So in addition to the project benefits that I've discussed, there's going to be an indirect economic impact of hundreds of millions of dollars spent locally during both the construction phase of the project and once new tenants are living at the project, pursuant to the analysis prepared by time equity, a financial advisor. It's about $80 million per year that's going to be spent in the city. Spent on businesses that are in the city going to restaurants in the city, local services that don't exist today that those new tenants will bring in. They direct the indirect economic impact from the project to be more than $2 billion over 40 years. And as a result, that's going to create about 340 permanent jobs at businesses locally. That's jobs created to support the operations of the residential development, to fill those commercial spaces, to support people going to coffee shops, to restaurants, to services within this community. And now let me touch upon some additional benefits that the developer is agreeing to as part of this tip. And we did work out some language for some additional proffers with Ms. Rosmellan, Mr. Tant. I do have copies of the proper terms if they have not already been distributed to the board, so I'm happy to pass those out. But essentially, the developer has been listening to resident comments and concerns about the community and trying to figure out how to be a good corporate citizen, how to be a good community partner. And so they are agreeing to contribute $200,000 to the city of Boyton Beach towards the cost of relocation of the Andrews house. And they're agreeing to make that payable within 60 days of approval of the turfa. So if the turfa does get approved this evening, they are willing to contribute $200,000 towards relocation of that historic structure within 60 days. Further upon completion of each project phase and delivery of the commercial space and commencement of the TIF rebates, the developer will offer at least total of 4,000 square feet of commercial space to qualified local Boyd and Beach businesses at reduced rent. So that would be 1,000 square feet in the southern parcel and 3,000 square feet in the northern parcel because the northern parcel has more commercial square footage. And essentially that rent will be subsidized or discounted for a period of 10 years. The rents would be discounted at 50% for five years and then 25% for the remaining five year period. And that is really to incentivize, point and beach residents to maybe start up the business that they've been dreaming of. Whether it's opening a family restaurant, a coffee shop, if they have a, you know, home business, then they're looking for rental space. This will help subsidize that rental space and provide them an opportunity to go into a very new and thriving development project where they'll be able to have their businesses grow. And then finally, the developer is agreeable to the use of the North and South parcels for city events until development commences for construction on each parcel. And so those are additional proffers that we'd like to make this evening for your consideration as well. Chair, if I may. So, when I'm going to work backwards, the city events in parking, I think we've already nailed that down. And I think any good neighbor regardless. I know, you know, we've done that with multiple developers without trying to give them TIFF. Oh, can we park here? No, it's just what a good neighbor does. The commercial rate rent, I think that's a nickel and dime offer. I think other developers who have produced less TIFF have offered more on that. I don't like the cash trade-off for tax incentive and I just want to paint the picture here. We're in this position because of the town square failure. We essentially, not we, but a previous body had entered into the agreement with no the lower-rovert clause, the developer could not perform, right? That same commission had sold this land that we're talking about now for, I think $10 a parcel, right? $20 a parcel. And, you know, someone can correct me, Rob or you. What was your, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I'm sorry, I didn't vote for the project. I think it will provide some benefits. I don't like the density. That's not old news. And we negotiated, this board negotiated for months about the density. And so a lot of these talking points were already hashed out for that increase in density. The public parking, that was, I mean, that was discussed. That was the number one thing I think that was discussed prior. So I don't see that as a public benefit for TIFF. But back to what I was saying is we have, you know, this land was given $20, right, to a developer, then perform litigation, litigation was resolved after time equities that purchased the land for whatever it was, $40, or $40 million, right? The city had gotten, I think, $4.5 million from that. And then now we, as the CRA, want to give $35 million back for the same piece of land. I mean, that is a bad deal. That is a bad deal. And again, I'm not against some form of TIFF, right? But as it is right now, I can't go for it. And the other, for the financing agreement with Goldman Sachs or the letter that this is the only condition that you have, I'd like to see that because you can say that, but I want you know, you don't have to show that, you're not obligated to show that, but I think that's just a talking point. And I don't think there was ever discussion of TIFF initially. To be fair, I don't even think Rob, you knew that you could get TIFF for this. I think that you understood that other developers were getting it. You saw this and you wanted to move forward and I get it. Listen, if I'm in your shoes, I 100% get it. This is a business. I get it. I'm not knocking you for it. I just cannot in good faith agree to these terms as they are in front of me today. Okay. Can I respond to some of that, or? Yeah, of course. So we did not think we needed, we did not need TIFF when we came here originally. It was 2022, 2023, the market was doing great. The market has turned dramatically in 2024. It has recently gotten dramatically worse. And now there is a funding gap. And if I would have been talking about it, I mean, the fact that we weren't talking about it, and now we know that markets collapsed, and we're talking about it, shows that how legitimate this situation is. We can't build, we went to the CRA, the CRA hired the consultant, the consultant has determined that the funding gap works out to, if you added all up over time, $35 million. It's $2 million a year per project for 10 years. Look, we are partners here. We want to deliver for Boen and asking for TIFF, just like the other developers who have a financial gap is in keeping with our commitment to deliver for Boen. In order to get hundreds of millions of dollars and hundreds and hundreds of jobs, we have to build the project. So we have a gap, you guys have a tool, and what we're offering is to build the project sooner. We cannot do the tip, but then it's not economic, and then it's sit doing nothing for nobody for however long. And that doesn't, that's not what, that, that, we can do that but that's not what we can do that, but that's not what Boynton wanted, that's not what we wanted. We approved the project with no variances. It's just what the zoning was. And we in fact worked to improve it and improve the master plan and make sure that it was exactly what staff wanted, what the board, what everyone wanted. So again, we're in a tough time. If we were not in a tough time, we wouldn't be here. What we've done over the last two months is work on contracts that, and maybe we can talk about the contracts, but they have plenty of guardrails. It says that for example for phase two, if phase two will be reevaluated at that time. And if there's no gap because the market's improved, then there's no TIFF. If we don't start phase one by September of 26, the whole thing is canceled. But if and again, and the Goldman Sachs comment, that, it's not one condition. This is, that was a mis, I'll take fault on that, communicating the issue. We do have, it's not one condition, but to show you how serious this is, and I'm happy to put you on a phone with Goldman Sachs. They are a major lender of ours. They're interested in this project. They've produced a term sheet that shows all of the conditions that they would need in order to go ahead and build this project, appraisals this, that, the other thing. But what it also says is that we need the tip. So you have the city's CRA consultant, you have Goldman Sachs, us. There is a gap. And I don't, without getting too complicated, it's getting a rebate of some of the taxes that we pay for a period of time in exchange for all of the upfront fees that we pay, all of the hundreds of millions of dollars of taxes that the places can degenerate over time, all of the economic activity, hundreds and hundreds of jobs, so we can unlock that potential. That's our choice. We can unlock that potential that was approved, pursuant to no variances according to the plan of the town. We can unlock it sooner or we can unlock it later, maybe generationally, but it seems to us in keeping with our responsibility to try to develop a point to come to you and say, at no cost to the city, help use the tool that you have so that we can move point and forward. I'm not buying, I'm not buying the tip amount. I know you can go lower. I know you rob, I know you can go lower. All right, well let's move on and ask any other colleagues that I'm in comments on this. ahead commissioner Oh, thank you for your presentation. I think you did a good job, you know presenting and such I do want to commend Commissioner Terkin for fighting for your district I can see that you're making some really good points as well I Don't think anybody sitting on this board is happy about the history of town square, but I can only speak for myself. I don't think anybody in the city is happy about what happened with town square. Knowing the history as briefly mentioned earlier by Board Member Chirkin, it's where we had a board, I think it was, it is all started back in 2018, where we had prime downtown public land to be given, right, to find a way to have an adequate project. You know, we had a dream of a project that was the town square that would really revitalize our downtown and make it a destination. But the only thing that we've gotten is disappointment, time after time, not just from one developer, but multiple, unfortunately. And at what point can we continue to make the same mistakes of the past and expect different results. Going back to the briefly to the history, a previous commission gave away prime downtown land for about $10, which was then sold by JKM, the developer, for about if I'm again correct me if I'm wrong, but I believe the amount was $44 million. That's $44 million that are not in our pocket. We could have sold it to a private investor, right? So now we want to add another $35 million. Where are we at now? And what are we really getting? Years later, this board and the board was a little different, there were different members in here as well, tried to find a solution after the land was given away and sold to another private developer. The city and the CRA started litigation against that developer, JKM, and we were in litigation between two, close to three years. Before, we were able to potentially come to an agreement once we had a new board. And I can tell you that the product that was offered to us is not something that I will tell you is my favorite idea of what the town square should be. But the reason why I believe the board supported it at the moment, it's because it was the lesser of two evils. It was either do nothing and build nothing or find a way to settle the lawsuit, move on, and try to find a project so that we could start building our downtown because right now we've been going at this since back in 2018. So I can understand the frustration of the residents given the history of this parcel and in this land and I can understand the outrage from the community based on the pretty outrageous amount of 35 million dollars. Now Now I do think that there's a value to building this specific project, but the only and or the best value that I see is the public parking. And why is that? It's because we're going to have city staff that need to park somewhere. We're going to have residents that come to events that need to park somewhere. And that's the biggest benefit that I see. However, I do believe that there needs to be a sufficient return on investment of our taxpayer dollars. And we need to be like good stewards of our taxpayer dollars. And I think that the way to do that would be potentially to looking at making changes in the project itself that make the project be adequate with the intent of the city and the intent of what it is that we want to see in our downtown. If you want to build eight stories as is I don't love and I've said it before and I'll say it again I don't love the fact that we're building all the way to the sidewalk and no setbacks and things that nature in the way that other buildings have built. But the reason why that was approved, at least in my view, is because it was either that or nothing. And that's kind of where we're going to be. So now that we've come at a time, kind of like a fork in the road where we're able to make a decision, we are under no legal obligation to give any taxpayer dollars to build this building. However, if the board decided to go ahead and provide some sort of a tip, we need to go back to not necessarily the drawing board itself, but we need to go back and look at the project and we need to make changes to the project that make it a benefit to our community and making it a project that is something that the community supports with regard to height, with regard to density, with regard to setbacks, with regard to green, and things of that nature. So it needs to be more of a community project if we're gonna be giving away taxpayer dollars. I think that's responsible. Now, if you guys wanna build and get no taxpayer dollars, the project has been approved, and I'm giving facts, the project has already been approved, but at this point, we can either move forward with the way that we are. And if we can't build, and we can't afford to build because of the current conditions, and I'm not gonna say that it's not true. I mean, we know that we're, some opinions think we're already in our recessions, some people think we're going into a recession. As soon you've seen the stock market, it's not doing well. We've got tariffs going on. We don't know. There's a lot of financial uncertainty. So obviously, the... to a recession. As you've seen the stock market, it's not doing well. We've got tariffs going on. We don't know. There's a lot of financial uncertainty. So obviously, the banks are going to be very cautious with regard to lending. But if we are going to go ahead and move forward with giving away a certain amount of taxpayer dollars, we need to make changes in the project that are adequate and equal to the amount that we're going to be giving away. Thank you. Thank you. Chair Hay, any comments? Thank you. Thank you. Board Member Cruz just stated well and I don't want to have to rehash that, so I agree with what she's saying. I think we need to stick with original plans that we had, and I can't see just giving away taxpayer money either. Like I said, I don't want to go back through that, but I agree with her 110%. On what? Can we hold the applause and keep it moving along, keeping the room quiet? Thank you. Good. Good. Chair Kelly? I'm going to reserve my comments. I mean, I feel like I see where this is going for some reason because I feel like we had conversations where we were in a different agreement. But I'm going to save some of my comments. One of the big things that we've really talked about with this project is, and what I've talked about with residents is, and the second question I get is what's going on with them all and then what's going on with our downtown? And I, well, I understand and I totally support Commissioner Turkin and his support of his residents and I understand this developer had meetings after meetings with the residents made concessions with the residents. If the residents didn't come that's not on him. They had public meetings. They made he made concessions, he made He changes to the plans based on feedback that the residents provided him And although the 473 Public spaces was part of an original agreement I just want to remind the rest of the board that the average the spaces that we've paid for TIFF for half of this is one project was 50 parking spots we got for the public and the other one was 150 parking spots for the public. So, yes, it is a large project and yes, there are things that were in the original development agreement. But I think that also goes into the cost analysis where because it's 473 parking spots that makes the project bigger, then it would have been if he only had to build parking for the project itself. So I want to also take that into consideration. Also, the total fees for this project, and some of them are established, and some of them we've put into place since this board has been in place to in order to counter the development with our police impact fee and our mobility fee. This project has a total fee of just about $15 million that will get paid to the city in either in phase one at permitting or phase two at permitting. And that is this tiff money cannot go into and I've seen this comment and I've heard this comment. We need this money to hire more officers. We need this money to make more improvements in the city. This is not the purpose of this funding. This funding cannot pay for more officers, this funding cannot pay for city improvements. Unless it's for a specific purpose, the CRA is governed very strictly by Florida statute. And there are only certain things that this funding can be used for. the sole purpose for this funding to start with was to be an economic driver for a CRA district. And so, and that is what this incentive is really used for. And so I just want to, I wanted to make sure that the public understands that the impact fees of the developer is going to pay the $300,000 police impact fee, the $1.6 million park impact fee, the $3.5 million in mobility fees. Those are the fees that come to the city that the city can then use to enhance city improvements and hire more police and do those things to benefit the downtown quarter because we understand and we know that these developments are going to impact our downtown. So I'm not gonna go into, I understand this is a huge project. Yes, Rob. And all of that is right. And the other point is that the way that the TIFF program works is that we have to deliver and we have to pay the taxes and then a portion of those taxes gets rebated. So when we talk about commission, right, the idea of giving tax pay or money, it's a rebate of taxes that we pay. As you know, it's a rebate of a portion of the taxes that we pay, which then allows the project to be economically feasible. And for the same reason that you've done it for other projects, the program is there where there's a fiscal gap. This solves the fiscal gap, and then the city gets the development, the jobs. But again, if the project cannot be built, I wanna just sort of, it can't be built. So if we don't do this, then we are, and then now we are up against, you know, the TIFF, CRAs may be going away. The question is, what are we going to do with the land for the next generation? At some point, it will become potentially viable on its own, but this TIFF program doesn't, I want to pay for the sins of, you know, thy father. We are here invested real money and a good faith effort, pursuant to the zoning to try to deliver for boin. So we are, as you point out, there's tariffs, there's a million things going on. This is a zero cost program that allows the project to start, and it allows for the delivery of jobs. Each of these buildings is like a big economic engine with thousands of people living there spending money just like you heard from other commentary. Thousands of literally 2,500 people spending money in the community. That creates jobs. They get their hair done. They buy coffee. They need it lawyers. They need it counts. So what I, so again, this is tricky because we could Let it go and then the tip, our ability even give a tip, is could likely just be over. And then what do we say? We say, okay, we have nothing. Or we can do the tip, move forward with the project under tight guidelines. These are incentive dates, and you wind up with the downtown that the city established. It wanted. I didn't establish the zoning. So that's, I think we're at a really tricky point here because we can say no, and then sit. and I don't think the residents that I've talked to and that are interested in seeing the lots forever. So that's the that's the crossroads that we're at. Okay. I would like to just briefly let people know that I too live in this neighborhood and I live right across the street from this project So I know Board member turkin you're talking about your residence, but since this has surfaced I have received countless Emails and if I could just have a minute I've been a resident of 128 Southwest first Avenue This is somebody who sent this to Maine. I can provide copies of everything We purchased the property based on the exciting plans for the downtown redevelopment. Yet here we are years later and we are still with open spaces of land and no development to finish the downtown. Another one is a full-time resident of City of Boine Beach asked you in your commission to approve the square, approve the town square project. The property has been vacant for far too long and the city is in need of revitalization. Another one I'm asking you to carefully consider to approve Times Square Project for the downtown as a local business owner. It's imperative that we grow and not be left behind. I could read these all day and yeah, we did get a handful of the negatives and you're all sitting in this room so we are taking that into consideration as well. I do agree with you, Mr. Singer, that I think that you are being punished for the mistakes of the prior commission, and I do apologize on that, but I think that whether the whatever way the board goes, I think it does have to be fact-based. And I think that where people are not considering that we have looked at these blighted lots for a very long time. And again, had I been on the commission prior, I too would have tried to fight that density. but we're not there right now. And so we are taking a big risk of sitting here and looking at these empty lots for another 10 years, or longer. And I think that if anything, I would like to take public comment if that's OK. But I also would like to possibly postpone this and see if we do get more community feedback, because I think that it is a very isolated group of people. And when I started getting so many phone calls on my city phone and emails from business owners and residents all over this neighborhood and even out west. One of these, there's a neighborhood that has put 15 people on a petition. So there are a lot of efforts going around in this city. Obviously we have the negatives and we have the positives. And I think that we need to have a little bit of time to take all these people into consideration. People don't come to these meetings, they don't have time, they have family, they have work. So whichever way it is decided, I think that there is some more due diligence that needs to be done. but I don't want these people that have been contacting for days and days and days to the city and to the staff to just not be acknowledged that their voice is also heard. So you want to have something else to say? I think that's very fair. Okay. Also, I want to point out that the TIF payments are done from the CRA budget annually, right, from everyone that we do award TIF. And you could allocate those funds in theory with all due respect Commissioner Kelly to increasing the neighborhood officer program and to improving infrastructure within the CRA district. So there's an argument to be made that yes, you could increase services, you could improve infrastructure if you don't have that $3.5 million tiff payment, right? Which is what we're actually already paying for. We're in year six for the Town Square Master Plan. So we're already paying tiff for the sins of the past, right? And so I am not opposed to tabling this item, seeing what else we can do. Again, Rob, you fly down here. You know, it's nothing against you personally or the project. It's just, this is a lot of money. This is a big deal. The markets are uncertain and it could be in your favor, right? So maybe waiting helps you with the lending if the rates decrease. And so I'm not opposed to postponing this here in what the public has to say and maybe renegotiating what this is. Again, as it is before me, I cannot move forward. I do like the idea. I think it's a little bit out of reach about redrawing the plan and what we want to see. I don't think that's going to happen. I don't think you can do that after buying a $44 million piece of land, the numbers of the numbers. I understand the economics of it. But I am willing to work with this agreement as it is before me. But again, I'm not going to budge on the parking spaces. That is not a conversation. That's what was given in exchange for the rezoning. But I agree with you, Mayor. I'm more than happy to postpone this item after public comment and see what else we can do. It's not a definitive no for me, but it is as it sits in front of me. And things I would like to see, because we do sorry, well things I also would like to see because we do live in the downtown and I think one of the biggest mistakes that we made was not keeping a police station downtown. So that's something that I would also like to see to be discussed if that's something that we can bring down to the downtown of substation. But just from the feedback, from many constituents and many businesses, I think that sometimes when you have people that want no development They're never gonna be happy and I'm hoping that we can put that mindset aside and collectively come together as a board and Ask for for more public info from input from people and take that into consideration instead of a small group of people I can say like in West Palm like in West Palm Beach, we were, I mean, here we were not, we didn't rezone anything. There was no rezoning. And I want that word is not a word. We had no variances. There was no rezoning. We literally used the code as it is. There was no nothing. But in West Palm Beach, for example, there we were taking a 10-hour, we had a 10-hiker lot in next to El Sid and these neighborhoods. And there was community concern. And all of the same concerns, and we see this, and it's completely well-founded. In that case, if you go to West Palm Beach, what you'll see is that the community has embraced Kasimara, as you can hear from tenants, the retail is thriving. There's the whole, it activated a whole section of West Palm that wasn't activated. And everyone there is thrilled about it. And we are win-win-win developers, we're community, the government, and the developer. Everybody has to win. And we wouldn't be here. And we wouldn't have put all the millions of dollars that we have into this. If we didn't think that what we're have here is going to be win-win-win for everybody. Yeah. For remember Kelly first. Thank you. Thank you Rob. You know some of the things and I'll bring it up now just so that we can have it for further discussion. I mean I am, it is a lot of money but I do support it because I know what the purpose is and it's not,'s an incentive, and it's an incentive that we, the City of Point and Beach, is very lucky to have an opportunity to have. A lot of cities don't have this opportunity to assist developers in improving the area. One of the things that you and I talked about, and I just, I want to touch on these because I think, I want to make sure they don't get lost in conversations. You know, one of the issues that has come up many times at commission meetings, at community meetings, is that when the developers come in, all of them graciously agree to hire local and they do the bare minimum and then they don't end up hiring local and I've heard lots of complaints from residents who didn't ever get a job out of any of these developments. And so I really want to know from you if what your willingness is to sponsor an apprenticeship program on this development for our young people to have an opportunity because I know that there are everyday jobs, there are flagman jobs, there's cleanup jobs, there's all these jobs jobs but the young people in our community are looking for careers and jobs and I think that if you can find a way to partner with the community and with the city in a way that would provide apprenticeship jobs with your subcontractors, with your GC, I think that'll go a long way for the residents here that you're not, you are investing in the community. And I know that, you know, and I appreciate your willingness to donate to our historic preservation of the downtown. I know it's, you know, when it comes across as're you know, you're buying TIFF but I know you want you want to come but but you want to come and in my conversations with you you are investing in the city and you want what's best of the city and and that's every part of it the historic part of it the job part of it and so I don't want to get lost in, you're trying to buy TIF. And you don't need to comment on it. But with respect to apprenticeship and working with the community during construction, I mean, obviously that- But they all come and say that, but well- So I totally understand- We can sit down and hash out what that program looks like. But what I would, I mean, you know, flag men and this and that is one thing. But the engineering aspects of it, the construction aspects of it, we can work out a program that is great. And I fully support that. Time equities has all kinds of internship programs, all kinds of community outreach, all kinds of green initiatives. We want to engage with the community. And what I, the construction aspect is short, I mean relatively speaking, but what really matters is I, and I don't, sorry to keep pounding on it, but it's when we're done, it's the thousands of people spending their money is what generates the permanent jobs. And that's, there's the, sorry, that's the goal. That's the, that's what drives the whole thing. That's where you get the downtown, the destination commercial. And by the way, we've designed our commercial to be destination commercial, Long Point and Beast Boulevard. But all of this community development, whether it's in Del Rey, West Palm, Boka, it all requires people spending money. Right, so I'm sorry Rob, I'm sorry to cut you off, but I wanted to get through my, I have a couple of other things really quick. So I don't, so I don't, I just, I want you to know what my requests are and then we can go and talk about it off the record. It's fine, I just want you to know. One of the other things and we did talk about this was if you would commit to some of your commercial space, one of the biggest issues or one of many big issues that we have downtown is workspace and office space. And what has become popular is this concept of we work or open workspace. And I want to know if you'll commit some of the commercial space to that type of business. it's something that I feel like the you know the residents of the properties would utilize but also residents in the area would utilize as well some of our people who live in smaller homes might like to you know that work from home might like to have a workspace and I think so I want to know your feedback on that and we did briefly talk about that. And also the reduced commercial space. I would like to see that boosted up just a little bit. I know you're trying to run a business and have commercial space but I think in our downtown area where we're really trying to boost the economy commercially, I think any incentive or anything that you can do. And of course, the CRA also has the funding to do those grant programs as well. So, I don't want to lose sight of what the CRA is able to offer our small businesses as well. But if there's any way that that can be boosted or improved, if you're willing to, I think that that would go a long way as well on the commercial aspect. And then one other thing, I know you're donating to the workforce housing on a different hat when we, you know, the city commission spoke about workforce housing fund and we were talking about things that we could use that funding for. And I wanted to see if you would commit to advancing both because you haven't broken down into both phases. But I think that it would benefit us to know that in phase one, we would have that bucket of Workforce Housing Fund available to us, to go on to do other projects that we have spoken about in the city commission. I won't go into that because it's a different hat. The other thing that we've heard and I've heard comments and I've spoken to some residents about is their concerns with it just being white and I know we've spoken about it. There are some kind of artist wall spaces in some of the alcoves and this is is something you and I didn't talk about, so I'm going to put you on the little bit on the spot. But if you would commit to in those blank wall spaces, in those alcoves, to committing to using a local artist to do a point in beach theme that would be approved by the CER board as opposed to it just being some little decorative piece, but to really put some effort into incorporating Boynton Beach into those art features I think would be good to me. So I know these are like little itty bitty things in the grand scheme of it, but those are some of the things that I have thought about that really I think would enhance this project for me and I think also for the residents to just feel a little bit more at ease. But at the end of the day, the purpose of this TIFF money is to do just what you're asking us to do and it's to incentivize growth in our downtown. And I think we'd be remiss if we let this sit for another five or ten years until we see if the market settles. I know one of the things that you did agree to at the last meeting. And I don't know if Board Member Turkin was still online when you were talking about that, but that we would be able to re-evaluate the phase two to request and have a new evaluation done. And so if the market did settle and you didn't have as much gap on the phase two that then that would be adjusted down. It would never be adjusted up but it could be adjusted down if the market did improve to our benefit. So those are just some things that I wanted for mine. That one for sure, we have it in agreement. That is in agreement. We have it baked into the contract. Right. You control the entire thing. We don't want to, if we don't need to, plan in simple, if we don't need it, we don't want it, we won't use it. And you control, but the important thing given where the legislation is, was to approve it as a project now so that it's approved. And then in the future, when we go to build it as a project now so that it's approved. And then in the future when we go to build it, you do a re-evaluation of it and might go away completely. But all of the things you said, we've written down and we'll, they're all reasonable and smart. One thing when we did our first meeting and obviously I'd ask to get more information on this is I've heard time and time again from some people in this room and obviously some people that don't want development or want this development. It's time that we asked the developers to give us something back that we've been giving in a way. And I thank you for making of these adjustments to try to say if some of our historic stuff or with more of the workforce. I just think that we definitely have to really think this through because there are a large number of people that moved into the East from 2020 to 2025. And I could read email after email. We want a vibrant thriving active downtown and that is not something we have now. So I think if we keep circling back to the density and the height that's not the decision that we're making those decisions are already made and if we keep trying to hold out and beat up any developer that is going to come down here is not going to be able to build four stories or three stories. It's not going to be economically viable. So when people say, well, I'd rather have nothing at all. That's, you know, we've had crime in this area. We've had blight in this area. We have issues on the north end when people are playing at the playground. There's been some complaints there because of what what happens on the north lot at this time. So I do think that we all need to reach out to our constituents and especially the ones that are initially affected by this area. And I think all of point and can benefit. But when we do revisit this, if we ever do with them all, we also have to be considerate of the people that live out there and that's what we need to do here too. I just want to make a few comments. Robert, I think you see that we all are trying to come up with the best deal that we can for you and for us as a city. You know, for me, I'm still a little bit paranoid about what has happened to us in the past. And we just made a bad, bad, bad deal. But I've received emails and support. Most of them have been in support. There's been a few negative, but the majority of them have been in support of this project. Because as we look at it, I mean we have to really consider that $991 and $1224. We could end up not being able to develop this for decades based on that. the way way I look at it right now, somewhere down the line, we're going to have to bite the bullet. We, not we up here, but we as a city screwed up on that last project. And that's over the dam. that train is already left the station. But I just feel that we're going to have to do some a little more give and take here on this because it is a huge project. If not these projects, project we've done it, boy. And so I think you can understand that we want to get it done, but by the same token, we want some, we want to be in synthesized in some kind of way from what you might have to offer us. I mean, now, you know, we're gonna go with the local hiring where we can if they qualify. We want you to do that. We want you, I think it was about the apprentice program and all these kinds of things. These are the type of things we want you to consider, along with our staff. The seat can we work something else? That's going to be acceptable to all of us, because right now as a city, we just lost our shirt. And we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we, we just lost our shirt. And like I said before, and I say to the other developer, you guys are the expert. You profession is at what you do. And you talk a good story. I'm not saying, not again anything against you Rob, but we've gone through this before, where they give us the dog and pony show, and at the end, the curtain drops, so we have nothing. So I don't wanna go through that again. You know, so I wanna hear what the public has to say, okay, I wanna hear more than this. This is not a good sampling of the 82,000 people that we have in Boynton Beach. I think we need to have a lot more input than what we have here and that we do need to talk. And just understand, we really do want to complete this project. I'm tired of looking at the dirt and sand or whatever just like everybody else. Okay, so I want to hear what the public said. We appreciate that and we'll let the public speak. We want to deliver. We can deliver. We need this. We have guardrails and we are a part of where you. We have we're here. Just quick last time. Yeah, I definitely appreciate the comments from my colleagues, you know, with different viewpoints as well. We all want a project in our downtown, you know, and it's not your fault what happened with J.C. Unfortunately, you had to take the aftermath of it. But unfortunately, we also are very PTSD with everything that happened and it's really difficult to trust once and because it's the same exact project, it's a difficult thing to sell to the public. I can say that yes the project has in fact been approved and I said it earlier and I'll say it again. At the same time we have the opportunity to provide tax incremental funding if the board decides to do so but we're not required to do that. We don't have to do that. Of course. In exchange, if we wanted to move forward in that direction which, you know, I would be okay with moving in that direction if it made sense with some changes but I do not believe and I can even ask our attorney like can we ask, we can ask for stuff? And even though the site plan has already been approved, there's no way that you're going to tell me now that we're not able to make any changes if it ends up benefiting you in the long term with making the project possible. And if those changes happen to be maybe more setbacks, maybe I don't want wanna, it's not my call to say what potential amendments we can make to the project, but I would definitely defer to the district commissioner and kind of like his views and his community's views with that. But I do not believe that it's too late, you know, if we're saying like, if it's a yes or no of getting tax incremental funding. And if, you know before have stated that we're not, we've made some public statements before, like let's make sure that we follow through with what we've been promising people as well recently. So I would say that- I can say it can I say we can't- Just to finish. Just to finish, we can't, we can't, we can't, we can't, we can't, we can't, we can't, we can't, we can't, we can't, we can't, we can't, we can't, we can't, we can't, we can't, we can't, we can't, we can't, we can't, we can't, we can't, we can't, we can't, we can't, we mean the statute changes in July, we still have until October for it to take effect. So I do think that there is opportunity for us to work together. And again, I would defer to the District Commissioner and not to myself with what they want to see in their district. But it's something that affects the city as a whole as well. So that's my two cents, you know, I would support making some amendments to to the building in itself. It doesn't have to be humongous changes. It doesn't have to be a complete revamp. That is not what I'm saying. I'm saying small changes that will make it more palatable for our community and will make it more of a project that the community can embrace. And then we would, you know, in exchange with a better project, provide tax and parental funding, which would then make the project viable, you know, for it to happen. That's it. I'll leave it for you now. Thank you. There's nothing more I'd like to see than this project change. And if I had a magic wand, I would do that. But I'm a realist. and I understand the economics of this project. The time to change the site plan and everything, that was... And if I had a magic wand, I would do that. But I'm a realist. And I understand the economics of this project. The time to change the site plan and everything, that was two years ago when I begged everyone not to go forward. That's passed. And so now we're in the position to where this is what, because let's be realistic. If we want to change this, we do workshops, we bring in the community, they bounce to site plan, I go back to the city, cities got all this permits. It's going to cost them more money, then they're going to ask for more tith. And then I understand the economics of it. What I'm not okay with is the $35 million that's sitting in front of us. I think there's a happy median. I don't know what that looks like. I understand it from your perspective. And I get that. And, you know, I would, would it be safe to say that the longer this project takes, the more it's costing time equities? Yeah, I mean in a vacuum. So you need to build. No, look, we'd like to build, but it has to be economic. It's the 35 million relates to 900 units. It's proportionate with the other tips. But the public benefit is not proportionate. But in this, it's a little different because this is a public private partnership where we agreed to the public benefits up front. And we, because they were baked into the master plan, it was a part of the master plan that we came into. I mean, the parking, everything about the master plan. So we said, look, we will take on those obligations that the city set up for itself. We're going to take those on, and we're going to do everything we can to try to get this bill. Now we're coming in saying, now because the market has changed, there's a gap. You're a the 35 million. If 32, but like we can run whatever numbers we want, but again, it's not, it's math. And in order to clear a certain hurdle, we have to clear it. The numbers are big because the numbers are big. Tim, when was that report done? Was it, was it fishkin? It was a very aprons. They've done their report. I don't know the exact. It's in December. In December. And now things have gotten worse. Right. And I would bet that the more, I would bet the rates are going to go down. That is the intention. I, I would bet the rates are going to go down. I'm heading it's they're not down and in fact the cause and the There's no guarantee but the cost and the cost of the policy. There's no guarantee. But the cost have gone up now. The tariff's construction costs, but the lending costs will go down. But it's all easy. Just different matter. Exactly. You've proven my point. I think we should move this public. So let me just make my suggestion. I'm going to ask that we listen to the public, and then we allow everyone to provide what concessions they want to see, right? And then we appoint someone on this diast and negotiate with Rob. I would like to. This is my district, and I want to negotiate with him. I think that's fair. And we continue this conversation going. I think we need to hear from the public about what they want. I don't want someone up here speaking for me. I also live with this. I'm getting a lot of, you know, when there was an article that came out and my name was in there. And so I'm going to get it. And I've sent them to the city to forward to all of everyone else up here. But it's, I think we need to one talk to the public and see what they're feeling about it. Because again, it's a small portion of people that show here every time. And it's time that we start listening to what people want and need. And on Facebook, raw, everyone's complaining about the high density and apartments. I mean, there's hundreds of comments. So the argument of what the people want, going social media, people don't like that. But again, we have to move forward. There needs to be a happy median. I don't think it's $35 million. That's all I'm saying. Okay, continue, let's keep conversation. Thank you. Chair procedurally, if you would not mind, just in terms of public comment, if public comment has already been provided by a particular member of the public at an earlier provision, they are not entitled to Republic Command, it's that's your option. So again, if you've already provided comment on this particular item, even if it was done. of the public at an earlier provision, they are not entitled to republic common, it's that's your option. So again, if you've already provided comment on this particular item, even if it was done earlier in the meeting, you're not guaranteed to be in an additional three minutes. I just wanna make one sentence, 30 seconds. Okay. And thank you for the comments I've made earlier. The reason why this project was approved this is, first of all, is property rights and second of all, it was to settle the lawsuit with the land that was given away for $10. So it was either that or nothing, and that's kind of where we were with that. So it's not like we really had a choice based on lawsuits and things of that nature. I'd like to say one thing too. When that former administration did vote on this, we're punishing anyone coming forward and we're arguing amongst ourselves about it. But at the end of the day, you had a lawyer on the commission and you had a lawyer at City Hall. And real estate 101 is a reversion clause. So I think no matter who is coming to Boynton and trying to do business, we should stop throwing that up in new developers' faces and new people's faces. We have to move on. Those things need to be thoroughly investigated and find out really how that happened when it becomes to $46 million. But it is not our fault that that happened. And it would be our fault moving forward and do diligence. But I think that anybody, we have 10,000 people that have real estate licenses, and that's on the test. We got a move on. So yeah, we definitely need to move on, and we need to stop throwing it up in everyone's faces. That we did this, we did this, we did this. We are here now, and it's time that we are moving forward and talking to the constituent base about what they want and also the people that invested in businesses in this community. Whether that's pro or con we don't know that yet. So are we ready to open up to public comment? I am. Cindy Falcadu Carrado. I'm going to bring up something that no one talks about. We're talking about money buildings just so the other are you not understanding there's there's gonna be a flood of people living, coming over the bridges, which you can't get over even now to get home at a rush hour traffic. Many of you don't live here, I do. I live right up to street. When you say downtown, I think of Ocean Avenue, we're talking about a side next to City Hall. How is that a courier to bring people to go shopping? It doesn't. It's a behind a building that you have to come down sea crest, which next to its homes, it's not conducive in this territory. I would love to see something like he wants. At the mall, that's where something like that goes. Over here, we are a smaller community. I live down the street. I cannot, the buildings. I did not want to move out of Miami, Florida. I don't want to be New York. And that's what I see. And that's what I see happening. Thousands and thousands of people are certain. I lived here, moved here from Miami. So I didn't have to live amongst everything. I love growth. I love excitement. And I love things to do, but we must do it responsibly. Because if we're just gonna throw stuff up, just to throw a whole bunch of people, the traffic alone is insane. I can't even get out of my house sometimes, because going to teach Boulevard is just jam-packed with cars. That's the logistics. That's just to getting real about the real living right here. Many people that you might be talking about, well, sure, they don't care. It's not in their community. Their community's not this small. As I said, we only have sea crest to federal highway. That's it for downtown. Now we're building something on the side and calling that downtown. People don't look at that as downtown. They look at the main street as downtown. This is behind a building that you don't know unless you're specifically going to a specific destination. This is the real deal. And we're having how many 900 people times three or four people or two people. That's that many people running around. going to a specific destination. This is the real deal. We're having how many 900 people times three or four people or two people. That's that many people running around this little city. We are not in New York. We don't have this space. But I love having wonderful, beautiful things conducive, loving to come down and walk, spend the day doing all kinds of you. You know two, three stories. I don't care. That fits. But for what we want, they want to do right here and blocking my ocean air, because I live right up the street. And having... I don't care, that fits. But for what we want, they want to do right here and blocking my ocean air, because I live right up the street, and having all these people running around like this is like the city, like New York, is insane or Miami. And I know that you've all seen it lately, and it's not about dollars. It's about living a quality life. We don't have the water source, we don't have the pipes, types, we don't have for the infrastructure. This is insane. And sir, you do have an option. You can sell that property. And you can make love. We don't have the water source, we don't have the pipes, we don't have for the infrastructure. This is insane. And sir, you do have an option. You can sell that property. Please, sir. And you can make lots of money. Please, sir. Okay. But you can sell the property. It's not like it's a dead end deal. And they can make probably even more profit off of it. And be better. And then I rather see something done correctly, and that's right and conducive, then to do something just because it's not something that you want, because it's something you want there. We have to, you have to, it's time to put a stop and do it. And I said, we already have. and conducive to do something just because it's not something that you want because it's something you want there. We have to. You have to. It's time to put a stop and do and I said we already have a shirt. Then we have to redo the plan. But this is on the side. This is not downtown. Point and Beach. That's on the side street of sea crest. Let's be honest. Let's be real for the people that live here. Next please. Thank you. Mike McCrain. First of all, I've been in Boynton for 72 years. I was here when the CRA was started. The Town Square Project, which you all are talking about, was not what was presented to us before Kurt Brezner. We had plans upstairs in City Hall when it said I over on Boynton Beach Boulevard. Before you all start talking about what we can and cannot have, you need to learn the history of Boynton. Learn why the CRE was established. You're talking about down here, you know, not being developed. MLK Boulevard state undeveloped for about 35 years before. Anybody put anything over there, why? Because they was haggin' said, we're not going to do this, we're not going to do that. Don't keep pointing blame. You have, you've paid a lot of money for a lot of projects. I was here when the town square project came before us. I voted for it. It wasn't a reverted clause. But what I did tell them, I was, I said, you know what? I don't feel right about this project, and it's not going to make it do in my lifetime. I'm getting older and if you all keep sitting there and hugging and saying about this, that and the other, it won't be done doing your lifetime. You got somebody at the plate who want to develop, let them develop pointing. We have no destination. We said that we want to make this to be pointing downtown destination. We need you all to go ahead and say, let's approve the project. It's not your, the chip money that you're all a picker in about. It's tax payers money. You all don't pay taxes on this much as anybody else. I'm just saying we all got a pilot is here. I'm in favor of you all moving this project forward. It has set too long. We don't even have weasegro now. We have trees growing. Thank you. next place. Hi, good evening Taylor Richey. I'm an owner of Alchemy Salon at East Boynton. I've owned my business here in Boynton for eight years. I've been a resident of Boynton Beach since 2010. I, for the longest time, have only known this for downtown Boynton. I absolutely love owning a business here in Boynton, specifically because of the city, the CRA, city, the CRA, the support that we get from you guys is unmatched. This has to go through. We are starving for commercial retail space. And as a business owner, it's my responsibility to my employees and to my clients to have a 10-year plan. I feel if this doesn't get pushed through now, we will not have a 10-year plan in Boynton Beach. I don't want to remove my business from Boynton Beach because I love this city so much. But it's my responsibility to my employees to give them something that they can grow into. We have so much of our business as walking business already where we're located in Ocean Plaza. This will only help with that. I'm here representing all of my employees. I'm here representing the thousands of clients that we service. And I am here to really urge you guys to please push this through because if we don't do this now, and all we have is now, we can't go back to the past. I understand everything that we've gone through. We only have now. This has to start soon so that we can plan into this. So thank you guys so much for your time. Thank you. Next place? Yes, I'm Mark Harry George. I feel that we need to move forward, but I have a problem with the number. I think it's repugnant. You talked about $2 million a year. Ten years that works out to 20 million, not 35 million. I have concerns that you need to have a community benefit agreement. So you guarantee local hires in writing, and you verify it with payroll tax receipts. It's not difficult, it's been done before. I think that you're obligated to play the impact fees. That's a separate issue from Tim. We need to move forward, but not at 35 million. That's ridiculous. And 20 million is livable, barely. But you have to have the community benefit and agreement in there. You have to have the public art element in there. You have to do things the right way. And the only way you get that done is to have an agreement in writing tied in with the tip. So you do both together and you bind them to that. And there's penalties, not just the reverted, but there's other penalties if he doesn't meet those obligations. If you don't meet the goal on the local hires, a certain percentage has to be local hires. If you don't hit that percentage, then you penalize monetarily. Those are the things you write into those community benefits agreements. As far as one person negotiating on behalf of commission, I'm against that. You vote on things as a body, not as an individual. One person to speak on behalf, you have an executive director to negotiate on those things. Okay, thank you. Thank you, next please. Excuse me, Linda Morton. Again, I live in the downtown area and I have a business here. And I would just like to say one of the things that I was reading about the TIFF is that it's for distressed and underdeveloped properties where development would not occur. This property is going to be developed. If it's not this developer, there's somebody's going to snag this property very quickly without giving $35 million away. Thank you. Anthony Barber. Obviously, I live in the neighborhood. I- million dollars away. Thank you. Hi Anthony Barber. Obviously I live in the neighborhood. I support getting the development done. I think we need it. But I want to commend all of you for not slamming the door. I understand that it has a lot of hair on it. It smells, but this is where we are. And so I just encourage you to work together and figure out a plan with a developer. To think that somebody's going to come on pay more than 44 million in this environment. I think they would wish that, but as somebody that has some experience in that area, it's just not going to happen. I think we have somebody that seems to have a, I I don't know, I know the company by reputation, they have a good reputation, we need to figure something out and I just commend you and encourage you to do that. Thank you. Thank you so much. Next, please. Shivering, it's so cold in here. I'm very happy to do something about that. Alice and Sullivan, I'm a local realtor, longtime resident of East Pointon since 2006. I'm actually one of the top 10 realtor in the two East Del Rey zip codes and 3, 3, 4, 3, 5, which is where I moved in 2006. Because Del Rey is so expensive and so desirable, oftentimes people I try to bring them up to Boynton Beach. It's very hard to get people to buy real estate in Boynton Beach, but hard to get builders to buy land because we have a blighted downtown. I think by not moving forward with this project, I think that you're going 10 steps backwards for Boynton Beach. I'm hearing all these people talking about the traffic and the density and it sounds like it's very black and white. It's either the tip money or nothing, right? So I I don't know if there is a negotiation. It sounds like going back to the drawing board and rebuilding. I mean I'm 100% on board with Commissioner Turk in that if we can renegotiate and lessen the amount of tip money, but it doesn't sound like that's an option. It sounds like it's black and white. It's either you do it or you don't. So I would urge the commission to forward with this project. Thank you. Thank you so much. Next, please. Good evening. My name is Barbara Ready. I lived in District 3 for 50 years. I attended all the shrets, all of the downtown, town square ideas and everything. When Mr. Singer came to town with his conceptualization of the buildings, it was already drawn and on paper. The people were not given an opportunity to provide input. So it kind of felt like a like it or lump it kind of situation. Those of us that realize that the ship has sailed already as far as stopping this over development, We're never going to be able to stop it. Every square inch of property has already been approved. The developers have come to town like vultures and take an advantage of every square inch of our city. Right now tonight, the last lady probably said it most succinctly that the 95% is the only thing that's negotiable at this point. It's up to the five of you to decide whether you want to like it or lump it. Go for 75%. I mean, the excuse that's being thrown out, oh, it's commasurate with what you've given other projects. No, I don't buy it. I don't buy it. If you need 75%, that might be swallowingable, but 95% for 18 years, that's a pretty big hit, pretty big hit to the bottom to get a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a little bit of a in Boyton Beach. I bought a home for my family here, a handful of years ago. Hello, good evening. My name is Lauren Gabel. I am a resident in Boynton Beach. I bought a home for my family here handful of years ago and have since bought an investment property with the idea of making Boynton Beach the best city that it can possibly be. And there's numerous things that are gonna go into that. I just wanted to give support to Thai mequities as a developer myself. I know how hard it is to develop today. And in a city with the blight in the downtown that we have today, it makes it even harder. Just to clear up, you know, a few items that the public has spoken on, unfortunately. Yes, I am also very cold. But the city or the project has been approved. The zoning is part of the property owner's property rights. It's black and white code. It's been approved. There's nothing we can do about the height or the density. And then as it relates to the TIFF and taking away the tax dollars or the taxpayer's money, the money that is given back to the project is in the form of money that they are paying and creating for the city. So not only does it not take from the taxpayer dollars, it actually adds revenue to the city, both in the form of the taxes that they're paying as well as the revenue that's coming from the businesses and from the residents living into the area. Rising interest rates, higher return thresholds from both lenders and equity partners make it very difficult to develop today. And so I commend time equities who has an amazing reputation in quality design behind what they build to come into a city like Boyton and really put their name behind it and work to increase Boytonon to be the best city that I can be. Thank you. Thank you. Next, please. Oh, my name is Flynn Holland and I've been living for 30 years. And the blighted area, it was not blighted It was not blighted until it was left empty and not taken care of. And the reality is when he came in and proposed it, it was supposed to happen right away. It was told that it would, they had all the money and everything was said. I know that the economy has gone bad, but to take taxes away for this project and get a little bit back, we need more. I feel like they're big boxes. I feel like the density of the residents that we're going to have now, I know it's already been approved, but where are the animals going to go and walk? There's no park, there's no vegetation. This is right up to the edge. The commercial property on Boyne Beach Boulevard is right on the cement walkway. Are we going to have another thing like we do on ocean where it will take up what sidewalk there is with tables and stuff. We see there's a lot of empty commercial space here. And if the commercial space was facing the downtown ocean area, it would be much more responsive to the community at large. Putting it on point, Beach Boulevard, you're going to have to walk around to get to it. I think that those buildings, that space is going to be empty for a long period of time. I see that change can be made. I think $35 million over the course of time. The amount of years it's going to take to make the money back is going, Syria is going to sunset before that happens. He's talking about the north side not being accomplished until 2036. So we're still going to have blight. We're going to have construction and blight and density. And the assess would be the assess whether he got the 35 million or not. And I feel like it's the same, it's not the same as JMK, but it's the all or nothing deal, which is what JMK did. And that's how we got into the problem that we had the first time. So if he's not able to build without that money, well then maybe he's not able to build. You know, are we going to end up with all of this for not? It just feels deja vu. So I do like to talk to everybody. I went back in the history. 2014 is when we started talking about the city and all of the things that the people came with a sharet that Barbara was talking about was about trees and people walking through. Thank you. Thank you. Okay. We do have online public comment for this item. So we have Jake Harrington. If Jake Harrington could go online and he can state his name for the record. IT. Hello, J. Carrington, 450 North Federal Highway. That's 3.5 blocks from this project. Point and Beach has been trying to build a downtown since the early 1990s. The city is struggling struggles to attract high quality developers. It's a miracle that a five-star firm, like Time Equities, is willing to rescue this mess of the project. Tax and criminal financing structures are a major reason that CRAs exist. There's no property tax to rebate if you don't let builders build. Yes, it's a lot of money because it's a lot of project. But let's stop pretending that an eight-story building turns us into Miami or New York City. I urge this new CRA board to finally get out of your own way, say no to empty lots and yes to progress. Again, Boyton has been trying to build a downtown since the early 1990s. Delays kill deals, don't be the Boynton Beach Board, the bullies a good builder away. Thank you. Thank you. Next, we have Angela Trojanowski. IT, I feel good. Yep. Hi, yes. Angela Trojanowski here, our resident in resident in Boyton Beach And I want to start by thanking commissioner Terkin Cruz and Kelly for going through the history and Making sure that everyone understood how we got to where we are and I Understand that and I understand when a lot of you are saying there's a lot that we can't change including the past and and including the property rights and the zoning and all of the density. So we're at a unique point here where there is, they're asking TEEIs asking for this tip funding, and we have the opportunity to come back and negotiate, perhaps some other things that we want to see. So thank you Mayor Shelton for delaying this vote so that we can perhaps get more into this deal. So if it is all or nothing, if it is either we approve this TIFF funding or we don't do the project, well, I'm of the belief that there's more than one way to solve a problem. So one of the examples and a lot of the community has just given a lot of things that they would like to see put into the deal and Commissioner Kelly also went through a nice laundry list. But one of the things right now that the CRA budget is $2 million for a grocery store. There's only 23,000 square feet of retail on this project. I would like to see more commitment of what that retail is going to look like. If this project is going to create a vibrant downtown, one of those items is going to be the retail. Is there any possibility of incorporating grocery into this project? What will that retail space look like? So I think that as we renegotiate putting this $35 million of tip funding into this project, we have the opportunity to ask for more as a community and get this land developed in a way that makes boi in a vibrant downtown. Thank you. Thank you. We appointed her to the CRA board. Okay, next we have Susan Geary. Hi. I'm Susan Geary. I live at 2556 South. Let's just 11 court in Boynton Beach. I applaud this entire commission for taking on the problems of the past. You are starting to handle this well. I give you every single bit of kudos for taking on something from yesterday and trying to make it go forward. And I agree we have to go forward. I'm a little bit taken aback with the tax issue only because I think that you've got three major complaints. One is the density and the height. The other we're hearing about what they want for commercial space and so on. I think we've seen projects redesigned in Delray is probably our best way to look at projects that have been redesigned to fit so the community can make a more. I think all of your ideas are really good and I give you and I applaud you for thank you for giving time to table this, to listen to the rest of the community just for a very short period of time. Even only a month, you know, I realize that yes, the economy is shaky right now, but I'm telling you what, I know Goldman Sachs, I don't think they're that concerned about the tip. So, I can tell you, I think that your time is well spent doing a little more speaking with your community and figuring out what will work for everybody. And I really do applaud all the people that have made comments this evening because they've all been very fascinating and interesting. It's changed my viewpoint quite a bit. I'm for the project. I think that there can be some limitations to it or improvements maybe. That's just my thoughts, but thank you for listening to me. I appreciate it. Thank you again for at least trying to work this out. Thank you very much. Okay. So public comment is now closed. Would any of my colleagues like to like more discussion or absolutely not? I just want to say for the record, the previous commission did a point that Current Mayor to negotiate on behalf of the commission multiple times. So that's why I brought that up. And actually one of those times those times is an litigation with JKM. No, I think we have time. We don't need to do this right now. I think one of my favorite points I've heard from public comment was the grocery store and incentivizing to get that done. That does free up that $2 million line item for the CRA budget that we can utilize for whatever we decide. So I would incorporate that in negotiations and I think the big thing here from whatever the public is timeline, right? And so I'd like to know too. I know staff wants to see the north side built first, I don't know if that's feasible enough. Not to see all the staff, city staff. I don't know because of the parking. It would be easier for the north side to be done. I don't know if that's. The master plan specifically requires this other parcel to be built first. You would need amendment in order to. We need to amend the whole master plan and everything like that. But we were agnostic about that. We wanted to do what you wanted to do. And we put the retail where and design the retail, exactly where code and everyone wanted it. The only other thing I would say is, the really good point, really, really important concern is who are going to be these retailers? What if what if what if they're terrible? What if whatever? And you with developers, you got to show me what you did. And I could point you all over the country, but if you go to Kassamara and you look at the eight stores that we built there, you'll see only entrepreneurs, we could have had Starbucks, we could have had whoever we wanted. We'd just an olive from common grounds, guacca go. Go down the line, health, beauty, food, tacos. We created, not because the city demanded it, because we felt an obligation to that community to represent. As we're all thinking about this, we can talk about use groups that are approval, we can talk about a million things. But in our interest, it's our commitment to deliver a retail environment. 23,000 feet is a lot of retail. And by the way, to the comment about the Southern portion, the city and everyone wanted two stores on the Southern building and the North Corners, North East, North, that's what they wanted. And in fact, the staff wasn't even allowed, but they changed it because they wanted it. So we said, okay, if you don't want stores in this other building, that's the kind of change that could be made, or we could take those two and maybe make them, I don't know, with that kind of thing we can change. But if we try to pull apart this building that was by zoning, as Commissioner Turkin has said, we're done. We're willing to talk about anything. And we wanna engage, I wanna talk to each one of you and figure out how can we work together within what the zoning is and within what the, because on the one hand the city is saying we want development and the other hand some people are saying we don't want development. We understand that that's a conflict but we can deliver the retail environment and we want to talk and we want to keep this going. So that's my point. Okay, thank you. So do we have a motion to table? I was just going to say, I know we mentioned it earlier, but I do support Commissioner Turkey working with your district to figure out because they all live down the road. So that's up to the board. Or you can also work with them and bring it up to the board. However, you will see fit. Just thought that I would be opposed to that. The chair lives in this district too, so she also. Catherine, this is a discussion item, so do we need to do anything moving forward at this point? Well, okay, so you have several options and I would just like to address some procedural issues. So Board Member Turk and it's right. It is possible for you all to appoint a Board Member to engage in negotiations if you wish. However, in doing so, you do subject every negotiation to the sunshine, meaning that Board Member Turkin would have to advertise every meeting that he would hold with the developer and invite the public. So certainly permissible. Perhaps not what's being envisioned. I'm not sure one way or the other, but that's just for your consideration when making that call. Procedurally, if there's no action being taken, you don't need to do anything. You may also put it on the table to bring back next meeting and we can take your direction in the interim. So that would be sort of the more typical way to handle it at this point, and I would recommend that you, if you're not going to vote on it, that you put it on the table and we'll take your direction. I would like to put it on the table, my colleagues. Let me just, excuse me. We had about 14 people to come up here, the scene and to speak. And 85% of them want some form of movementist project ahead and only 15%. I think that's a good, we were to do a citywide. I think those numbers would probably remain the same. I think what I, my position at this point is to table this at least one more round because of the importance of it and what we have in front of us. And I think that but I do not agree with one person up here representing the board. I don't want anyone speaking for me. I want to speak for myself. And so that's my position. I don't know what the vote is going to be, but I would like to tape with this. And we taught one-on-one or whatever it takes, but I want to make sure I have input to it and not one person speaking for me. I agree. What's your table? Second. Okay. All those in favor to table say aye. Aye. Aye. Motion passes unanimously. Okay. So. I was just moving on to a new business. There is no new business to discuss. So is there anything else from my colleagues tonight? or for the discussion or do I have a motion to adjourn? I'll go to adjourn. Hold on. I do have something to say. Okay. I brought up in public comment and Tim, you and I spoke about this about the CRA spearheading the Andrews house moving. This was brought up by Board Member Cruz, I believe, at the last meeting. And did we get to, okay. So there's going to be a discussion to discuss the progress. That's going to be a discussion to discuss the progress. That's going to come in May. Correct, yes. Okay. All right, second, the motion to join. Hey, all those in favor, two adjourned say aye. Aye. I have a good night, everybody. Thank you so much for those on the way. Okay, I'll be going. Enjoy yourselves. Board chair.