Apr 08, 2025 FPRA Regular Meeting Agenda

[1. CALL TO ORDER]

[00:00:08]

>> WE WOULD LIKE TO CALL THIS MEETING TO ORDER. IT IS TUESDAY, APRIL 8, 2025. PLEASE STAND FOR THE PLEDGE OF ALLEGIANCE .

>> 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.

>> ROLL CALL, PLEASE. >> MAYOR HUDSON?

>> HERE . >> MAYOR HUDSON ? COMMISSIONER

JOHNSON? COMMISSIONER BRODERICK? >> HERE.

>> A HAVE A MOTION TO EXCUSE HIS ABSENCE ?

>> SECOND . >> COMMISSIONER GAINES?

>> YES. >> COMMISSIONER TAYLOR ? CHAIRWOMAN HUDSON? BUT I WOULD LIKE TO PUT ON THE RECORD COMMISSIONER JOHNSON IS NOT HERE TRAVELING BACK TO TALLAHASSEE TO FIGHT FOR THE CITY OF FORT PIERCE .

[4. APPROVAL OF MINUTES]

>> THANK YOU. THANK YOU VERY MUCH .

>> OKAY. IT IS APPROVAL OF THE MINUTES FROM THE MARCH 11, 2025

FRPA . >> SO MOVED.

>> I HAVE A COMMENT ON THAT BEFORE WE MOVE ON . IT SHOWS YOU HAD SOME SENT ON THE TOP AND I DID NOT KNOW IF YOU WANT TO AT

LEAST REFLECT THAT . >> WE CAN FIX THAT. THEY SHOULD

HAVE FIXED THAT. >> MOTION TO APPROVE WITH A

CHANGE? >> I DIDN'T CATCH THAT.

>> SECOND. >> COMMISSIONER TAYLOR?

>> YES . >> COMMISSIONER BRODERICK ?

[5. ADDITIONS OR DELETIONS TO AGENDA AND APPROVAL OF AGENDA]

>> YES . >> CHAIRWOMAN HUDSON?

>> YES . >> CHAIRWOMAN HUDSON?

>> YES. >> I LIKE TO MOVE UP ITEM F AND G UNDER THE NEW BUSINESS TO THE TOP OF NEW BUSINESS IF THAT IS

ALL RIGHT WITH YOU . >> OKAY . NO PROBLEM.

>> SO I WILL ENTERTAIN A MOTION WITH THE AGENDA.

>> IT WOULD MAKE A MOTION THAT WE APPROVE THE AGENDA FOR THE NECESSARY CHANGES ARE MOVING 8, F, AND G INTO NEW BUSINESS .

>> NEXT WE HAVE THE CONSENT AGENDA .

>> WE HAVE COMMENTS FROM THE PUBLIC.

[6. COMMENTS FROM THE PUBLIC Any person who wishes to comment on any subject on this agenda may be heard at this time. Please limit your comments to three (3) minutes or less, as directed by the Chairperson, as this section of the Agenda is limited to fifteen minutes. The FPRA Board will not be able to take any official actions under Comments from the Public. Speakers will address the Chairperson, Commissioners, and the Public with respect. Inappropriate language will not be tolerated.]

>> WISHING TO ADDRESS THE BOARD, PLEASE COME BY WORD .

>> I AM SO SORRY ABOUT THAT. >> DELORES HOGAN JOHNSON IS IN

THE HOUSE. >> DELORES HOGAN JOHNSON , FORT PIERCE. I HAD THE PLEASURE OF READING IN APRIL 3 ARTICLE THE PROPERTY MUSEUM THAT WE DID HAVE THE BOARD MEETING TODAY , AND WE ARE TRYING TO MOVE IT ALONG BECAUSE WE WERE ENGINEERING THE ROOM SO WE HAD TO MAKE IT . BUT I DID SHOW SOME , SUCH YOU ALL MADE REGARDING THE PROPERTY AND SPECIFICALLY IT IS THE JERRY O'DONNELL PROPERTY NOW NEXT TO THE MUSEUM. I JUST WANTED TO BOYS THAT I AM APPRECIATE HIP AND I AM A FASTING AND PRAYING

[7. CONSENT AGENDA]

>> THANK YOU. ANYONE ELSE WISHING TO ADDRESS THE BOARD? OKAY. WE WILL CLOSE FROM THE PUBLIC AND MOVE ON. WHAT YOU LIKE TO DO THE CONSENT AGENDA NEXT, MADAM CLERK?

>> I WOULD LIKE TO PULL ITEM B.

>> OKAY. IS THERE A SECOND? >> COMMISSIONER BRODERICK,

[b. Approval of Specific Authorization 1 with Architects Design Collaborative, LLC. for design services of the 4th Floor of the Sunrise Center into a functional and attractive meeting and event venue in an amount not to exceed $22,500.00.]

[00:05:07]

>> COMMISSIONER BRODERICK? >> OKAY . I DO NOT WANT TO GET AHEAD OF MYSELF ON THIS , BUT THIS CONCEPT HAS BEEN DISCUSSED 1.5 YEARS NOW AND I AM PLEASED TO SEE THAT WE ARE TAKING ACTION ON IT . THE ESSENCE OF THE ISSUE THAT I HAVE AND I READ ALL OF THE BACKUP MATERIAL . IT APPEARS TO ME WE PAY $22,500 FOR A CONCEPT PLAN AND IN ESSENCE A VISUAL FOR PLAN . WHAT THAT $22,500 DOES NOT GET FOR US IS CONSTRUCTION DRAWINGS AND I KNOW THAT I STOOD UP HERE AND MADE A STATEMENT ETCHED IN STONE THAT I AM SIMPLY NOT GOING TO BE APPROVING PROJECTS TO MOVE FORWARD WITH THE DETAILED PLANS AND IT IS NOT GOING TO SATISFY THIS NEED AND IT MAKES COMMENTARY THAT BASED ON THIS PLAN THEY COULD GIVE US AN ESTIMATE OF CONSTRUCTION COST AND THAT IS IRRELEVANT TO ME. WE ARE NOT DOING TRANSACTIONS ON THE BACK OF A NAPKIN AND THIS IS IN ESSENCE STEP ONE THAT A CONCEPT PLAN COMES BACK TO THE FRPA AND CITY COMMISSION FOR RATIFICATION TO MOVE FORWARD. I AM SUGGESTING WE ARE GOING TO APPROVE AN EXPENDITURE FOR A CONCEPT PLAN THAT IS LINKED TO THAT I WOULD LIKE TO HAVE A PROPOSAL TO GIVE US A PROPOSAL FOR THE DOCUMENTS PREPARED TO BID. I AM JUST SAYING IT IS GOING TO BE MORE THAN THE $22,500 WE PAY FOR THIS BUT I'M JUST SUGGESTING THAT WE HAVE IT NOW OR SOON SO WE CAN HAVE A CLEAR UNDERSTANDING ABOUT WHAT WE NEED AND WHAT THE COST WOULD AND MECHANICAL PLUMBING TO GET APPROPRIATE BIDS. WE ARE NOT DOING THIS ANYMORE ON A PAD OF PAPER AND THEN DEALING WITH 12 CHANGE ORDERS . THOSE DAYS ARE IN THE REARVIEW MIRROR . SO I SEE MS. HARNAGE IS HERE TO CALM ME DOWN .

>> TO AGREE WITH YOU. COMMISSIONER BRODERICK, YOU ARE GOING TO SEE SPECIFIC AUTHORIZATION FOR FUTURE PROJECTS AND WE RB BEING VERY DILIGENT AND THOUGHTFUL TO GET CONSTRUCTION DRAWINGS. THIS PROJECT WAS A LITTLE BIT DIFFERENT AND WE DID BUDGET UP TO $200,000 FOR THIS PROJECT AND WE INTEND TO GET CONSTRUCTION DRAWINGS MOVING FORWARD . WHAT WE DO NOT HAVE IS ANY IDEA OF THE SPATIAL LAYOUT. I WAS GOING TO PUT KITCHEN PREP SPACE ARE NOT? ARE WE GOING TO HAVE FLEXIBLE WALLS WHERE WE CAN DIVIDE THE ROOM INTO DIFFERENT CONFERENCE CENTERS? YOU ARE EXACTLY RIGHT THAT WE DO NOT WANT TO CONTINUE TO THIS. THIS IS THE FIRST STEP IN EVEN UNDERSTANDING WHAT IT IS THIS CONSULTANT IS ON OUR CONTINUING SERVICES CONTRACT AND WE CAN CERTAINLY ENGAGE HIM TO MOVE FORWARD AND FULFILL OUR MAIN DESIRE.

>> SO YOU WANT TO GET THE CONCEPT PLAN APPROVED AND THEN AUTHORIZE CONSTRUCTION DRAWINGS TO BE DONE?

>> THAT IS EXACTLY RIGHT. THIS RIGHT HERE WAS THE BACK OF THE NAPKIN THIS SOUNDS LIKE A GREAT IDEA AND EVENT SPACE MAKES SENSE BUT NOW TO GET INTO THIS FURTHER BEFORE WE EMBARK ON THE EXPENSE

OF GAPPING THESE DRAWINGS . >> OKAY. YOU BROUGHT ME IN OFF

THE LEDGE. THANK YOU . >> COMMISSIONER BRODERICK , REALLY QUICK. THE SAME POINT. I KNEW THAT YOU WERE GOING TO HAVE A FIT ON THIS ON SO I DID READ IT . WHEN WE BROUGHT THIS UP

[00:10:19]

WANT. >> YOU UNDERSTAND MY CONCERNS.

>> AS SOON AS I READ YOUR BACKUP .

>> COMMISSIONER TAYLOR, I KNOW THAT HE AGREES WITH ME AND WE ARE ALL ON THE SAME PAGE AND I APPRECIATE YOU SETTING ME STRAIGHT THAT THAT IS THE PATH WE ARE GOING DOWN.

>> COMMISSIONER TAYLOR AS A QUESTION.

>> THIS IS THE FIRST I'VE SEEN OF THIS ON THE AGENDA TONIGHT.

WHAT IS THE ULTIMATE GOAL AND PLAN FOR THIS SPACE? SO SHE

OPERATING EVENT SPACE? >> I WOULD SAY, MADAM CHAIR, THAT THIS WOULD BE ANOTHER EVENT CENTER SAME AS THE RIVERWALK CENTER AND THROUGH THE VARIOUS PLANS I ALWAYS TRIED TO GO BACK TO REFERENCE GOALS THAT CAME FRO THE COMMUNITY. ADDITIONAL MEETINGS BASE WAS DESIRED THAT WE SEE THAT AS AN OPPORTUNITY AND IT IS AN OPEN SPACE WITH A BEAUTIFUL VIEW THAT WE COULD RENT IT OUT . IT WOULD SERVE AS ADDITIONAL OFFICE SPACE . WE HAVE BEEN APPROACHED FOR LEASES IN THIS BUILDING. ONCE WE GIVE IT TO WHOMEVER , WHAT HAPPENS NEXT ? IN THIS WAY, WE WOULD CONTINUE TO CONTROL IT AND USE IT FOR OWN MEETINGS AND THINGS OF THAT NATURE. AND THEN IF WE OUTGROW CITY HALL OR ANOTHER OPPORTUNITY PRESENTS ITSELF, IT WOULD BE EASILY ADJUSTED INTO

THAT. >> COMMISSIONER TAYLOR , THERE IS A LITTLE BIT MORE OF A BACK STORY HERE. THE CITY WAS PRESENTED WITH A LEASE AGREEMENT TO A FEDERAL GOVERNMENT AGENCY,

THE ATF. >> I HEARD ABOUT THAT.

>> AND THE TRANSACTION WAS HORRIFIC . AND I CRITICIZED IT FOR HOURS ON AND . THOSE MEETINGS WERE LONG. UNTIL I RAN OUT OF GAS , BASICALLY. BUT IT WAS A BAD DEAL FOR THE CITY.

THEN THEY CAME IN WITH A HOST OF CHANGE ORDERS. THE CITY WAS GOING TO BE FORCED TO PAY, INCORPORATING THAT INTO THE LEASE DOCUMENT SO THAT DEAL GOT SCRUBBED BY THE COMMISSION . I AM NOT EVEN SURE. I THINK IT CAME FROM SOMEONE IN THE CITY MANAGER'S OFFICE AND I REMEMBER SITTING IN ONE OF MY WORKSHOP MEETINGS AND THE IDEA WAS BEING DISCUSSED AND I SAID THAT IS PHENOMENAL. THE SPACE IS NOT RELEASABLE WITHOUT INVESTING A SIGNIFICANT AMOUNT OF MONEY SO WHEN THIS WAS DISCUSSED AS THE LEAST EXPENSIVE ALTERNATIVE IT WAS BASICALLY OPEN. IT IS A LOT OF OPEN SPACE . THE GENESIS UP IT WAS THEREAFTER THE LEASH LEE STILL CRASHED AND BURNED THAT MAYBE WE COULD DO SOMETHING BETTER AND THAT IS WITH THE ESSENCE OF THIS CAME FROM. IT WAS A VERY UNIQUE CONCEPT TO DEAL WITH AN ASSET THAT IS COMPLETELY UNDERUTILIZED THAT THE CITY COULD POTENTIALLY GENERATE REVENUE FROM. THE MANAGEMENT OF THAT, BY THE WAY , WAS NEVER REALLY FINALIZED. MAYBE THAT WOULD , WE WOULD NAIL DOWN THE PARTICULAR OF THE MANAGEMENT AND THE OPERATIONS UP

AT. >> AND I THINK THE EXERCISE WE WENT THROUGH WITH THE ATF PROPOSER REALLY MADE US ALL THINK ABOUT DO WE REALLY WANT TO DO THAT WITHOUT SPACE ? DO WE REALLY WANT TO WASTE THAT VIEW? WE HAVE GOT THE PARKING HERE.

BUT I ALSO THINK IT IS REALLY IMPORTANT THAT IF WE GO DOWN THAT ROAD THAT WE HAVE THE BUSINESS PLAN IN PLACE THAT MAKES SENSE FOR MANAGEMENT OF THAT , TO TAKE CARE OF THAT AND THERE IS A WHOLE LOT WITH AN EVENT CENTER THAT GOES FOR JUST

THE SPACE. >> AND HOW WE HANDLE THAT, I GUESS COMMISSIONER TAYLOR , YOU'RE COMING IN ON THE GOOD SIDE OF THIS EQUATION. IT WAS REALLY BAD EXPECTED WAS ANOTHER

CAGE MATCH . >> IT WAS LIKELY. SUFFICE IT TO SAY, THIS IS JUST THE ESSENCE OF THE START OF THIS. AND THIS JUST

[00:15:02]

ROOM UPSTAIRS. >> THIS IS HOW I LOOK AT IT , MADAM CHAIR AND THE OTHER COMMISSIONERS , RIVERWALK IS ALMOST ALWAYS BOOKED IN ADVANCE . IF WE DO THIS RIGHT AND HAVE THE RIGHT BUSINESS PLAN AND EVERYTHING, THIS WOULD BE BOOKED IN ADVANCE THROUGHOUT THE WHOLE YEAR AND IT WOULD BENEFIT TO THE DOWNTOWN BUSINESS AND BECAUSE IF MOST OF THEM ARE LIKE TODAY AGES, THERE IS A LOT OF DAY EVENTS, 4:00 UNTIL 8:00 . PEOPLE LEAVE THAT EVENT AND GO RIGHT DOWNTOWN AND WILL BE DOWN TO.

THEIR PART SO THEY WILL JUST LEAVE THE CAR PARKED AND GO DOWNTOWN INTO THE DOWNTOWN BUSINESSES. IF WE DO THIS RIGHT, THAT IS GOING TO BE ONE OF THE HOTTEST SPOTS TO COME AND RENT IN FORT PIERCE BECAUSE YOU ALMOST TO GET TO RIVERWALK NOW YOU ALMOST HAVE TO WHEN YOU'RE AN ADVANCED RADAR BOOK A WEEKEND . YOU COULD GO THROUGH THE WEEK BUT TRY TO DO THE WEEKEND JUST TO GET THAT WATER BE, AND IF YOU HAVE NOT DONE SO, JUST GO OUT AND GO TO THE ROOF AND LOOK AT THE VIEW. SO WE HAVE IT SO

LET'S JUST USE IT. >> MR. JOHNSON?

>> CHAIRWOMAN HUDSON AND BOARD, WE ACTUALLY LOST CITY HALL.

>> GOOD POINT . YES. >> WE LOST ONE .

>> WE WILL START THE CELEBRITY BARTENDER JOB WITH COMMISSIONER

GAINES. >> LET'S DO IT.

>> DID YOU HAVE ANOTHER QUESTION? ARE YOU GOOD? ALL RIGHT. SO ARE WE GOOD? DO YOU WANT TO MAKE A MOTION?

>> I WOULD LIKE TO APPROVED CONSENT AGENDA ITEM B.

>> >> ROLL CALL. COMMISSIONER

[a. Moved from 8f to 8a. FPRA Resolution 25-07 approving or denying the Third Amendment to the Amended and Restated Agreement for Development of King's Landing.]

GAINES? >> YES.

>> COMMISSIONER TAYLOR? >> YES.

>> COMMISSIONER BRODERICK? >> YES. CHAIRWOMAN HUDSON?

>> YES. >> IT IS A RESOLUTION OF THE CITY OF FORT PIERCE, FLORIDA REGARDING THE REQUEST FOR A THIRD AMENDMENT FOR DEVELOPMENT OF KINGS LANDING AND THE SALE OF PROPERTY TO LIVE OAK HOLDINGS GROUP . THIS IS THE RESOLUTION THAT WE APPROVED LAST EVENING. THIS IS ONE WHERE YOU ACTUALLY HAVE TO APPROVE OR DENY THE SALE .

>> ARE COMMISSIONERS INTERESTED IN PRESENTATIONS OR ANYTHING OR DO YOU JUST WANT TO DO A MOTION? WE DISCUSSED THIS LAST NIGHT .

>> AS LONG AS NOTHING IS CHANGED SINCE LAST WEEK. HAS ANYTHING

CHANGED? >> MADAM CHAIR, NOTHING HAS

CHANGED SINCE LAST NIGHT. >> DEVELOPMENT TEAM COME HAS ANYTHING CHANGED SINCE LAST NIGHT?

>> I DO NOT THINK THAT IS A GOOD THING FOR THE RECORD. GO AHEAD .

>> ELEMENTS PUT THAT IN MY MOTION .

>> I AM GLAD THE BASKETBALL GAME TURNED OUT THE WAY THAT IT DID.

>> THAT IS LEGAL HUMOR OVER THERE.

>> OKAY. COMMISSIONER BRODERICK , WE GOING TO MAKE THE

RESOLUTION? >> APPROVING THE THIRD AMENDMENT

. >> SECOND.

>> CALL THE ROLL, PLEASE. COMMISSIONER GAINES?

>> YES. >> COMMISSIONER TAYLOR?

>> YES. >> COMMISSIONER BRODERICK?

>> YES. >> OKAY .

[b. Moved from 8g to 8b. FPRA Resolution 25-08 Accepting the Western Peninsula Master Plan]

>> AND IT DID NOT HAVE TO SIT AS LONG AS YOU DID LAST NIGHT .

>> OKAY. NEXT WE HAVE RESOLUTION 2508 THE FORT PIERCE INDEPENDENT AGENCY ACCEPTING THE WESTERN PENINSULA MASTER PLAN WITHOUT IMPLEMENTATION OR EFFECTIVE DATE.

>> MR. JOHNSON, DID YOU HAVE A LEAD INTO THIS?

>> MS. HARNAGE IS GOING TO TAKE IT OVER .

>> LET ME GET THIS CUED UP FOR DANA HERE. I WILL GIVE YOU A BRIEF INTRODUCTION. THIS IS THE LONG-AWAITED WESTERN PENINSULA MASTER PLAN WE EMBARKED ON THIS PROJECT LAST YEAR IN ANTICIPATION OF THE WASTEWATER TREATMENT PLANT AND LISTING THE DECISIONS OF THE PLANNING COUNCIL AND THIS IS DANA LITTLE

[00:20:07]

THIS PROJECT. >> THANK YOU. IT IS GOOD TO SEE YOU AGAIN . DANA LITTLE AND I'M HERE WITH THE EXECUTIVE DIRECTOR THOMAS LANAHAN. FEEL FREE TO STOP ME AT SOME POINT IF YOU ARE LIKE BUT I DID NOT WANT TO RIP OUT ANY MAJOR COMPONENTS OF THE PROCESS BECAUSE I THINK THE PROCESS IS AS IMPORTANT IF NOT MORE IMPORTANT THAT A PRODUCT THAT WE ARE DELIVERING TO YOU.

WE WERE ASKED 1.5 YEARS AGO TO LOOK AT THE NORTH BEACH AREA AND

YOU CAN SEE THE CAUSEWAY COVE. >> SOUTH BH.

>> ST. LUCIE COUNTY PROPERTY AND THOSE WITH THE PRIMARY STUDY AREAS . THE PROCESS WENT THROUGH A DUE DILIGENCE PERIOD . FOR THE FIRST TIME IN ONE OF OUR PROJECTS WE DID EXTENSIVE TITLE WORK IN A SURVEY AND A REAL ESTATE MARKET STUDY , WHICH IS A BIG COMPONENT OF THIS WITH THE ON-SITE PUBLIC DESIGN DEVELOPING THIS PLAN FOR ACCEPTANCE THAT WE STARTED BY INTERVIEWING THE COMMISSIONERS AT A TIME AND CREATED A HOST COMMITTEE WHICH WAS EFFECTIVE MADE UP OF RESIDENTS INCLUDING AMANDA GELLER, MICHAEL MCCARTY AND STAN MCKOWSKY, DORIS TILLMAN OF MAIN STREET AND CHRISTOPHER WHITING. YOUR STAFF WAS UNBELIEVABLE WORKING WITH CHEYENNE AND KEV AND LINDA AS WELL. IT WAS A SPECIAL PERIOD . WE HAD THREE HOST COMMITTEE MEETINGS FOR LOGISTICS AND CONDUCTED NEARLY 40 INTERVIEWS WITH RESIDENTS , COMMERCIAL BROKERS, ET CETERA . THE MARKET STUDY ALSO ITSELF.

ALSO THROUGH THAT PERIOD AND THIS IS THE DUE DILIGENCE PRESENTING TO THE ROTARY CLUB AND HAD COFFEE WITH THE MAYOR WHICH WAS LOVELY AS WELL AS THE CITIZENS ADVISORY COMMITTEE AND I WANTED TO SHOW THIS SLIDE AND THERE WAS REVERTER CLAUSES TODAY AND WE WERE ABLE TO CONFIRM THAT THOSE PARCELS ARE TO REMAIN IN PUBLIC YOU LOSE . WE PUT THAT QUESTION TO THE PUBLIC . WHAT DOES THAT MEAN TO YOU , PUBLIC USE ? SO WE GOT A LOT OF GOOD IMPORTANT THAT SATURDAY WITH 18 PARTICIPANTS . EVERYONE DEVELOPED THEIR OWN PLAN . THEY PRESENTED THOSE IDEAS BACK TO US WITH THE CONSENT FROM GROUP TO GROUP TO GROUP. WE USE THOSE AS THE CHECK OFF LIST FOR THE WEEK AS WE DABBLE THE DIFFERENT IDEAS THAT WE HEARD . WE HEARD FROM FOLKS WE NEED TO RESPECT THE HEIGHT LIMIT OF THE SOUTH BEACH OVERLAY. OTHERS SET OF WE HAD A PARTICULAR USE THAT WE WERE DESIROUS OF, IT MIGHT BE OKAY TO GO UP HIGHER IF WE HAD SOME SORT OF TRANSPARENT PUBLIC AND EVENT . THERE WAS THE IDEA OF LEAVING THE CAUSEWAY PARK AS IT IS, ALTHOUGH A REFURBISHED RESTROOM WOULD BE DESIROUS . THERE WAS DISCUSSION ABOUT CREATING A PARK AND A LOT OF INTEREST IN HAVING DEFINED VEHICLE TRAILER PARKING AND THEN THE PUBLIC USES THAT WERE DISCUSSED INCLUDE ME AND EVENT CENTER AND AMPHITHEATER INTO THAT . AND THEN WE DID LOOK AT THE CAUSEWAY COLD PEAS AND

[00:25:15]

[00:30:04]

THIS IS THE CAUSEWAY UP HERE AND YOU WOULD ENTER HEADING SOUTH AND THE HOTEL USE WHAT ANCHOR THIS CORNER AND ALSO BE THE MOST PROMINENT FEATURE THAT YOU WOULD SEE AS YOU HEAD OUT TOWARD THE EAST WE HEARD FROM THE COMMUNITY TO TRY TO KEEP IT A VILLAGE SCALE . MAYBE IN EXCHANGE FOR THE TALLER BUILDING FOR THE HOTEL , THIS IS WHERE THE CURRENT BOAT RENTALS ARE AND THIS ACTUALLY CAME BUT WE WANTED TO BE ABLE TO SEE THE WATER SO WE CREATED THIS PROMENADE AND A NEW HARBORMASTER'S FACILITY TO BE HERE . WE CREATED THIS MARINE SERVICES YARD BACK HERE . SO ALL OF THE BOATS AND THAT STUFF STAYS WHERE IT IS . BASICALLY WE HEARD THE TRUMAN ANNEX IN KEY WEST AS AN EXAMPLE . THIS BECAME A VILLAGE THAT IS OPEN TO THE FPUA SITE, WHICH IS ALL PUBLIC USE. SO QUICKLY THIS IS THE PLAN AND DETAIL . THIS IS THE MARINE SERVICE AREA THAT I WAS TALKING ABOUT WITH THE HOTEL AND THEN YOU HAVE NEIGHBORHOOD STREETS. THESE COULD BE TIMESHARE BUT THE IDEAS YOU ARE CREATING A NETWORK OF STREETS . THERE IS ACTUAL PUBLIC SPACES THAT ARE CONNECTED TO THE HOTEL THAT WE DESIGNED TO MAKE SURE THAT IT FIT , WE HEARD OVER AND OVER AGAIN THAT THERE NEEDS TO BE AN EVENT SPACE IN THE HOTEL . THAT WOULD BE FOR REUNIONS. WE PROPOSED THIS AND WE KNOW IT EXCEEDS THE HIGH LIMIT BUT MAYBE IN EXCHANGE FOR A SMALLER FABRIC THROUGHOUT.

THIS IS ONE RENDERING OF THE HOTEL WITH DIFFERENT ARCHITECTURAL STYLES. THAT WOULD BE AN ICONIC FEATURE AS ONE COMES OVER THE CAUSEWAY WE ALSO CREATED A PROMENADE THAT WOULD BE MIXED-USE IN THE MARINA PACING THIS LARGE PUBLIC PROMENADE WITH A STREET IN FRONT OF IT AND THESE MIXED-USE BUILDINGS WITH GROUND FLOOR RESTAURANTS AND RETAIL AND RESIDENTIAL ABOVE. AND THEN FINALLY , THESE ARE THE OVER THE WATER SUITES . I DO NOT MEAN TO BLAME YOU , MR. SMITH. BUT WE SAID DO YOU FEEL COMFORTABLE THIS WOULD WORK IN THE MARINA SPACE? WE DEL SOL . VERY UNIQUE . YOU SEE THIS IN OTHER PLACES FAR AWAY BUT WE THOUGHT IT WOULD BE GREAT TO INCLUDE IT . IF YOU GO THROUGH THE REPORT WOULD GO TO GREAT EFFORTS TO QUANTIFY THE USE IS. IN THIS PARTICULAR SCENARIO , WE, WITH 241 RESIDENTIAL UNITS AND 120 HOTEL ROOMS. THAT IS ONLY TWO WITH THREE STORIES BUT WE WANTED TO BUFFER THE HOTEL AND NOT EXCEED THE MAXIMUM EIGHT UNITS PER ACRE. AND I THINK THAT WE ACHIEVED THAT. YOU MIGHT NOT HAVE AS MANY UNITS, BUT THE VALUE OF THEM COULD EVEN BE GREATER THAT IF YOU HAD MORE .

THIS WAS JUST ONE VIEW OF THE MODEL WE CREATED . LET ME BACK UP. THE FPUA OR CITY PROPERTY HERE, THERE IS AN EXISTING POWER STATION THAT COULD NOT BE REMOVED. A NEW WATER TAXI LUNCH HERE AND AN EVENT PAVILION DOWN HERE AT THE POINT AND THE

[00:35:06]

THE AMPHITHEATER IS SITUATED SO THAT YOU COULD BE ON A BOOT AND OF COURSE THE CONTINUOUS PROMENADE , AS I MENTIONED. THIS IS A DETAIL OF WHAT THE APPIA THEATER WOULD LOOK LIKE IF YOU'RE WATCHING A PERFORMANCE WITH A VILLAGE IN THE BACKGROUND. THEY ARE FULLY INTEGRATED AT THE FPUA SITE.

THEY ARE NOT DISCONNECTED >> THEY ARE FULLY INTEGRATED .

FINALLY , DISCIPLINE CENTER. WE FELT THAT IN COMBINATION WITH THE HOTEL YOU CAN IMAGINE GOING BACK TO THE HOTEL AND THAT IS ACTUALLY IN THE PRIVATE SECTOR DEVELOPMENT SITE FOR A RECEPTION . THIS IS ALSO ON ICONIC PIECE OF ARCHITECTURE AND SOMETHING THAT WOULD JUST BE ANOTHER LANDMARK FOR FORT PIERCE. WE HAD THE PRESENTATION OCTOBER 30 AND CEMENTED THIS DRAFT AND THE FINAL REPORT IN APRIL . I KNOW THAT WAS PROBABLY LONGER THAN 10 MINUTES. THANK YOU VERY MUCH. WE REALLY ENJOYED WORKING WITH YOU ALL YOU HAVE A LOVELY COMMUNITY AND WE HAVE TO BE BACK AGAIN.

>> COMMENTS, COMMISSIONERS ? WHO WANTS TO GO FIRST ?

>> NOT A PROBLEM. OBVIOUSLY, ONE OF THE PRIMARY CHALLENGES TO THIS SCHEME IS YOU HAVE DISPARATE PROPERTY OWNERS AND DIFFERENT MOTIVATIONS. YOU HAVE SOME OF IT IN COUNTY HANDS AND SOME OF IT IN SOON ENOUGH CITY HANDS AND SOME OF IT PRIVATELY OWNED . SO THAT CREATES A LAUNDRY LIST OF CHALLENGES OF ITS OWN ACCORD . THE PART THAT I LIKE ABOUT THE PLAN IS THE COMMUNITY INPUT. THE COMMUNITY SPOKE ON A VARIETY OF TOPICS.

SOME OF THEM NEAR AND DEAR TO MY HEART LIKE THE SOUTH BEACH OVERLAY AND THAT IS A CONCERN TO COMMUNITY MEMBERS TO KEEP THEM INTACT. I LIKED THE CREATIVITY OF THE PLAN . THE ELEMENTS OF THE PLAN A VERY EXCITING. TRYING TO PULL OFF GETTING ALL OF THESE SHAREHOLDERS TO THE TABLE TO DO SOMETHING OF THIS NATURE I THINK IS BEYOND CHALLENGING . THAT IS A DISCUSSION FOR ANOTHER DAY.

THE WORK IS UNDERSTANDING. I REALLY APPRECIATE YOUR GENERATING THIS. IT IS AN IMPRESSIVE PIECE OF WORK .

>> THANK YOU, MADAM CHAIR . COMMISSIONER BRODERICK, I AGREE.

I WAS WONDERING HOW WE WOULD GET ALL OF THESE PEOPLE TOGETHER TO COME AND SEE THIS POINT. IN MY INTERVIEW I STRESSED PUBLIC PARK AND OPEN TO THE PUBLIC AND I SEE THAT. SO I AM HAPPY WITH THAT.

READING AGAIN AND GOING THROUGH YOUR PRESENTATION, THE ONE THING THAT STUCK TO MY MIND . WHEN YOU TALK ABOUT THIS AMPHITHEATER, AND THE PICTURE THAT YOU HAD WITH THOSE RESIDENTS BEHIND THAT EMPATHY ENTER, ONLY ONE THING CAME TO MY MIND . MORE NOISE COMPLAINTS. YOU ALL CAN LAUGH AT ME, BUT YOU ALL KNOW THAT IT IS COMING . THAT IS WHERE I'M GOING WITH THIS . I LOVE THE VIEW . I LOVE TO BE ABLE TO HAVE A BOAT AND I CAN TALK TO THE MARINA GUYS ABOUT THE SAFETY OF THE BOATS COMING IN, BUT JUST PUT A PENCIL MARKING ABOUT THIS NOISE . THEY WILL LOVE THIS IDEA AND BUY THE PIECE OF PROPERTY AND YOU KNOW WHERE I'M GOING.

[00:40:04]

>> COMMISSIONER TAYLOR? >> THANK YOU, DANA, AND YOUR TEAM . IT GETS EXCITING WHEN WE HAVE THIS COLLABORATION BECAUSE WE ARE ALL THINKING A DECISION TO GATHER . I HAVE BEEN ANTICIPATING THIS MEETING . I WAS NOT ABLE TO COME TO THE DESIGN MEETINGS . WE HAPPENED TO BE AT A WEDDING, WHICH WAS TERRIBLE . I REALLY LIKE THIS . I THINK IT DOES A GREAT JOB TO INCORPORATE A LOT OF DIFFERENT THINGS AND KEEPING IT OPEN TO THE PUBLIC ADDING BOAT RAMPS . I REALLY CANNOT EVEN FIND ANYTHING TO COMPLAIN ABOUT . I THINK IT IS A GREAT PLAN . I THINK IT TAKES BETWEEN LIKE ABOUT FORT PIERCE AND KEEPS IT TO A SMALL-SCALE AND USABLE AND WALKABLE . IT IS SOMETHING THAT I AM EXCITED ABOUT AND HOPEFULLY WE WILL SEE IT COME TO FRUITION . I REALLY URGE HER TO TRY TO FIND A NEGATIVE IN AND I THINK YOU DID A REALLY GOOD JOB WHICH MAKES IT EVEN BETTER . IT IS REALLY IMPORTANT AND THEY GROUPS THAT YOU WORKED WITH THAT MAIN STREET AND SOUTH BEACH ASSOCIATION AND ALL OF THOSE FOLKS COMING TOGETHER WAITING FOR THIS TO MOVE AND IT IS PRETTY EXCITING TO SEE IT GETTING TO THAT POINT AND I DO NOT KNOW WHAT ELSE TO SAY BUT I DO LOVE A .

>> I THINK THAT IS AN IMPORTANT POINT THAT THE FIRST MEETING WAS HOSTED BY MAIN STREET AND THEY HELPED WITH THE WHOLE PROCESS .

I THINK THAT IS ONE THING WE MIGHT NOT EVEN THINK ABOUT IN TERMS OF MAIN STREET THAT WE NEED TO REMEMBER . BOTH ARE

HELPFUL THROUGHOUT THE PROCESS. >> TREMENDOUS. ABSOLUTELY.

>> AND I SAW A PICTURE OF DORIS. I LIKE THE FEEL OF THE VILLAGE .

[00:45:05]

IT IS SOMETHING THEY HAVE COME TO CALL HOME AND THOSE ARE ALL VOLUNTEERS . THE POINT WHERE THE WASTEWATER TREATMENT PLANT HAS THE TOWER INSIDE GOD'S WILL IS A POSITIVE SPACE .

>> IT COULD BE BOWL BUT THAT SOMETHING SPECIAL SHOULD . IT MIGHT BE A GREAT PLACE TO HAVE A WEDDING CEREMONY .

>> SO YOU ARE NOT REALLY SURE .

>> THERE IS A BUILDING ATTACHED TO IT.

>> THAT IS A BEAUTIFUL, AND SOFT. SOMEBODY WOULD HAVE TO MANAGE ALL OF THOSE THINGS IF THERE WAS AN EVENT SPACE . I WENT TO THE MAIN WATER FACILITY TODAY . IT IS JUST AN INCREDIBLE CITY OF ENGINEERING . IT IS VERY IMPRESSIVE . I KIND OF GOT EXCITED BECAUSE I WAS THINKING THIS IS REALLY GOING TO HAPPEN.

THIS IS GOING TO MOVE . THEY ARE GOING TO BE IN DECEMBER 2025 READY . SO IT'S IS COMING CLOSER AND FASTER THAN WE THINK . AND I WANT TO STRESS ALL OF THE WORK THAT YOU DID BROUGHT THE COMMUNITY TO GATHER. WE HAVE TO RECOGNIZE THAT THE COUNTY OWNS THIS PROPERTY AND THAT THE FPUA HAS SEVERAL DIFFERENT CAUSES . WENT TO THE COUNTY AND WENT TO THE STATE AND ONE THAT IS JUST THE FPUA . SO TAKING THAT AND GIVING THE PUBLIC THE INPUT AND SAYING HERE IS WHICH WE THINK WE WANT AND LAYING IT OUT THAT WAS AN IMPORTANT EXERCISE.

>> THANK YOU . SOMETHING THAT I FAILED TO MENTION IS THAT THIS IS A LOTS OF INFORMATION. WE LIKE TO SEE HOW MANY IDEAS FROM THE PUBLIC WOULD EVEN FT . THIS ISN'T A SINGLE PROJECT . THIS

[00:50:07]

GOVERNMENT. >> I SAW THAT IN NEW SMYRNA WHEN HAVE DONE THIS WITH ART UNDER THE ROADWAYS YOU ARE RIGHT THERE IS AN ELEMENT THAT GATHERS THE THE DAY AND AT NIGHT .

>> BUT THIS MASTER PLAN IS NOT AN ALL OR NOTHING PROPOSAL . I

JUST WANTED TO MENTION THAT . >> AND I THOUGHT IT WAS AN INTERESTING WAY THAT YOU POSED THE TRADE-OFF OF THE VILLAGE REMAINING THE SAME HEIGHT AND DENSITY, AND THE HOTEL . THAT IS AN INTERESTING PROPOSITION TO CONSIDER IN TERMS OF THE TRADE UP. THANK YOU VERY MUCH . THIS WAS VERY IMPRESSIVE. I HAVE ACTUALLY READ IT AND I DO NOT KNOW HOW YOU ARE ABLE TO

CONVINCE AT ALL SO FAST . >> I GET TO DELIVER THE BIG SALAD, AS THEY SAID IN "SEINFELD" YEARS AGO.

>> IN YOUR OPINION WITH A DIFFERENT PROJECTS BANNING IN DIFFERENT PLACES, DO YOU SEE LIKE THE AREA NUMBER FIVE WITH THE WASTEWATER TREATMENT PLANT IS , DO YOU SEE THAT KIND OF WORKING ON ITS OWN IF WE DO NOT GET OTHER PROPERTY OWNERS INVOLVED AND ALL OF ? DO YOU SEE DIFFERENT SEGMENTS OF THIS TO BE

WORKABLE AND FEASIBLE ? >> YES I DO . WE REPRESENTED CONCEPTS THAT WE HEARD FROM THE COMMUNITY, MAINLY CAUSEWAY COVE MARINA . WE TRIED TO THINK OF STRATEGIES TO MAKE IT APPEALING FOR THEM BUT ULTIMATELY THE PUBLIC FPUA SITE, IT COULD TAKE YEARS TO DISMANTLE IT BUT STILL THERE ARE THINGS THAT I THINK WOULD BE STARTED TODAY OR IN THE NEAR FUTURE. I DO THINK YOU CAN STILL HAVE THIS PUBLIC ELEMENT AND HAVE IT ACCESSIBLE AS IT IS TODAY REGARDLESS OF WHAT HAPPENS NEXT DOOR WE WOULD LOVE FOR THAT TO BE INTEGRATED FULLY SO THAT IT IS SEAMLESS, BUT WE DO NOT HAVE CONTROL OVER THAT. WE DID THINK ABOUT STRATEGICALLY ALL OF THESE PUBLIC ELEMENTS THAT WE HEARD FROM THE COMMUNITY THAT THEY WOULD DESIRE AND EVEN IF THE PROMINENT CHAIR COULDN'T GO ALL OF THE WAY AROUND , YOU COULD AT LEAST GET IT DOWN TO THAT POINT WHERE WE CAN SEE THE SAILING CLUB MIGHT BE, AND I THINK THERE IS A LOT THAT YOU CAN DO WITHIN THE PUBLIC LAND .

>> I WOULD LOVE TO SEE THE BOAT RAMP SPECIFICALLY AND THE PARKING UNDER THE BRIDGE WE CAN START THAT TOMORROW THE PUBLIC

IS DESPERATE FOR BOAT RAMPS. >> WE HAVE LEARNED YOU CANNOT HAVE TOO MANY BOAT RAMPS. AND TWO OF THE PARKING TOO.

>> COMMISSIONER GAINES , IF YOU WANT TO HAVE AN EDUCATION ON NOISE WITH BUILDINGS , YOU NEED TO SPEAK TO BUZZ SMITH RIGHT OVER HERE FROM CAUSEWAY COVE MARINA AND THEY HAVE RUN INTO THIS EVENT FOR MANY YEARS NOW AND IT IS A SERIOUS ISSUE AND IT IS A SERIOUS CONCERN TO LOOK AT IN PROXIMITY TO RESIDENTIAL HOUSING . HAVING HAD THE OPPORTUNITY TO MEET THE OWNERS OF THE PROPERTY AND HAVE MULTIPLE DISCUSSIONS WITH THEM AND THE REPRESENTATIVES, I FIND THEM TO BE VERY FLEXIBLE IN WHAT

[00:55:04]

FORT PIERCE . >> AND STOP CALLING IT FPUA.

>> WE SHOULD CALL IT THE CITY OF FORT PIERCE ARE PRETTY .

>> I BROUGHT IT UP BECAUSE THE CONCEPT WAS BEAUTIFUL BUT THEN WHEN YOU BUILD AND AND GETS DOWN TO IT AND YOU HAVE SOMEBODY

HITTING THE SOPRANO NOTE . >> OR THAT BASS ON THE WALL.

>> I KNOW IT IS COMING SO LET'S THINK ABOUT IT NOW BEFORE WE GET

THE EMAILS . >> IT WILL ACTUALLY CARRY

DOWNTOWN WITHOUT WATER. >> EXACTLY . WE LOOK AT COMPLAINS FROM THE TOP OF THE BRIDGE.

>> IN DOWNTOWN PALM BEACH WE HAVE SOMETHING THAT IS CALLED SUNFEST, AND THOSE COMPLAINTS FROM ACROSS THE INTERCOASTAL ISLAND . I UNDERSTAND WHAT YOU ARE SAYING .

>> TO TRY TO CREATE ALL OF THESE USES IN A COOPERATIVE WAY CAN BE A CHALLENGE , ESPECIALLY WITH NOT A LOT OF GREEN SPACE BETWEEN THEM . IT IS A CHALLENGE . IT IS A CHALLENGE THAT THE ASSETS AT TO BE ABLE TO DO IT. HOW MANY ACRES OF LAND IN THE PENINSULA?

I THINK IT IS A LOT . >> I THINK SOMEONE AT 70 ACRES

OR SOMETHING LIKE THAT . >> THE CITY OF FORT PIERCE ARE PRETTY PROPERTY AND THE TOTAL AREA THAT WE LOOK THAT IS OVER

70 ACRES . >> THAT IS WHAT I THOUGHT. 70 ACRES. I AM NOT SURE IF THE COUNTY WANTS TO PLAY LET'S MAKE A DEAL, BUT WE WILL SEE WHAT WE CAN DO.

>> MADAM MAYOR, ANOTHER WAS SOME DISCUSSION AND I ALSO HAD THE OPPORTUNITY TO MEET WITH ADJACENT PROPERTY OWNERS. WE HAD A DISCUSSION ABOUT PROTECTING THE MARINA AND WHAT TYPE OF WAVE MITIGATION MIGHT BE AVAILABLE AND ALSO SOMETHING THAT WE COULD START TO LOOK AT TODAY TO PLAN FOR THE FUTURE TO BE ABLE TO EXPAND THE MARINA TO PROTECT THE BOATS.

>> IN FACT , THIS IS COME UP A NUMBER OF TIMES THAT THIS PROCESS . IT CAME UP WHEN MR. SMITH WAS AT THE WORKSHOP AND I TOLD HIM THAT WE INTENTIONALLY DID NOT DRAW ANY BREAKWATERS ON THIS PLAN SIMPLY BECAUSE WE DID NOT KNOW WHAT WE WERE DOING. I DID NOT WANT TO INVALIDATE THE BEST OF IT IF WE DID SOMETHING THAT WAS RIDICULOUS. THE IDEA OF PROTECTING THE MARINA MAKES COMPLETE SENSE AND WOULD BE BENEFICIAL TO THE PUBLIC LANDS AS WELL . WE JUST DO NOT KNOW ENOUGH. OF COURSE THE CONCEPT OF PROTECTING ANY MARINA AREA FROM STORM SURGE OR WAVE ACTIVITY

MAKES SENSE . >> THE WASTEWATER TREATMENT PLANT HAS BEEN FLOODED COUNTLESS TIMES.

>> RIGHT . I AGREE WITH YOU SHORT-TERM YOU WOULD PLAN IT IN THE PLANNING PHASE AND I'M NOT SAYING IT WILL NECESSARILY BE BUILT TOMORROW. IT IS SOMETHING THAT WILL HAVE TO BE ADDRESSED IF WE ARE LOOKING AT CONVERTING THIS WHOLE AREA INTO MULTIPLE

USE . >> THAT IS LIKE A RESILIENCE

GRANT TO MAKE . >> I REALLY APPRECIATE YOU BRINGING THAT UP . I SAID BECAUSE WE ARE SILENT ON THE REPORT DOES NOT MEAN WE DO NOT SUPPORT IT AND I'M GLAD TO BE ABLE TO PUT THAT INTO THE RECORD .

>> GOOD POINT . OKAY . THAT IS IT . I THINK WE HAVE TO ACCEPT THIS AND HOPE YOU READ THE RESOLUTION , WHICH BASICALLY

[01:00:05]

>> MOTION TO ACCEPT THE RESOLUTION 25-08.

>> SECOND. >> MISSION AND A SECOND. CALL THE ROLL, PLEASE. COMMISSIONER GAINES?

>> YES. >> COMMISSIONER TAYLOR?

>> YES. >> COMMISSIONER BRODERICK?

>> YES. CHAIRWOMAN HUDSON? >> YES. THANK YOU SO MUCH.

TREASURE COAST REGIONAL PLANNING COUNCIL, GREAT JOB . I HOPE THAT YOU COME BACK TO FORT PIERCE SOON .

[c. Oaks at Moore’s Creek Project Update and Discussion on Next Steps along with consideration of second Subordination and Standstill Agreement]

>> THANK YOU. OKAY. NEXT WE WILL MOVE ON TO THE OAKS AT MOORE'S CREEK PROJECT UPDATE AND DISCUSSION ON NEXT STEPS ALONG WITH CONSIDERATION OF SECOND SUBORDINATION AND STANDSTILL

AGREEMENT. >> OKAY . THIS ITEM IS THIS ?

>> THIS IS GOING TO BE THE ITEM OF MS. HARNAGE BUT THE DIRECTOR HERE IS GOING TO BE INTRODUCED AND GIVE US AN UPDATE ON THE

STATUS AND NEXT STEPS . >> MADAM CHAIR, MEMBERS OF THE BOARD. WE HAVE HERE TODAY THIS EVENING DANIEL ROSEMAN, THE DEVELOPER MOORE'S CREEK AND HE CAN DO A BETTER JOB CAPTURING ALL OF THIS AND WE LOOK AT THIS LOADED UP .

>> IS THERE A CLICKER THAT I CAN USE ?

>> WHICHEVER YOU PREFER . >> I WOULD LIKE TO USE A

CLICKER. >> THERE IS ONE BEHIND HERE DOES

IT WORK? >> NOPE.

>> YOU CAN ROLL IT. >> PERFECT. GOOD EVENING, MADAM CHAIR , AND BOARD MEMBERS. THE LAST TIME I WAS BEFORE YOU WAS DECEMBER 12, 2023. I AM DANIEL ROSEMAN, AND IF YOU WOULD INDULGE ME . A COUPLE OF THE BUYERS OF THE UNITS AND OAKS AT MOORE'S CREEK ARE HERE AND I'VE ASKED THEM TO COME AND SAY A FEW

WORDS. WITH THAT BE ACCEPTABLE? >> VERY BRIEFLY. WE DO NOT WANT

A MAJOR PRODUCTION HERE. >> IT IS NOT . I JUST WANTED NIGEL AND MARLITA TO COME UP HERE. I SAID 30 SECONDS.

>> COULD YOU STATE YOUR NAME FOR THE RECORD?

>> MY NAME IS NIGEL AUSTIN. I AM A FIREFIGHTER AT STATION PUTTING. I WAS ACTUALLY THE FIRST HOUSE COMPLETED AT THE OAKS AT MOORE'S CREEK PHASE TWO PROJECT AND I'M EXCITED ABOUT MY HOME. IT IS PROVIDED THE INNOCENT QUIET PLACE AFTER MY 24 HOUR SHIFT AND IT IS BUILT TO PERFECTION. EVERYTHING IS HOW I LIKE IT . I DO THINK THAT THIS IS SATISFACTORY. I'M SURE ANYONE ELSE PURCHASING A HOME HERE WOULD ALSO BE EXCITED ABOUT

IT AS WELL. >> THANK YOU . THANK YOU FOR

YOUR SERVICE TOO . >> AND MADAM CHAIR, THIS ITEM IS HAVING TWO COMPONENTS AND I THINK ONE COMPONENT ON THIS ITEM HAS TO DO WITH THE SUBORDINATION AND STANDSTILL AGREEMENT. WE HAD A SIMILAR AGREEMENT TYPE FOR THE CONSTRUCTION LENDER, AND THIS IS WITH THE PREDEVELOPMENT LENDER FINANCE CORPORATION. I AM GOING TO BE ASKING YOU TO APPROVE THE AGREEMENT. BUT THIS IS A PRESENTATION FOR YOUR CONSIDERATION. NO ACTION IS REQUIRED TONIGHT OTHER THAN TO GIVE US ACTION INSTRUCTIONS WITH HOW YOU LIKE TO MOVE FORWARD . THIS IS A PRESENTATION JUST TO GIVE THOSE COMMISSIONERS WHO ARE NEW TO THE BOARD A PROJECT OVERVIEW. THIS IS 15 NEW SINGLE-FAMILY DWELLING UNITS TO FIRST TIME HOME BUYERS EARNING UP TO 120% AREA MEDIUM INCOME AND HALF OF THE MITTS ARE TO BE SOLD TO BUYERS EARNING NO MORE THAN 80%. THE PROJECT STATUS AS A MARCH 31 , THE HOUSE WAS

[01:05:05]

THAT PARTICULAR ACTION ON THE PART OF THE CITY REALLY CREATED A HICCUP IN TERMS OF OUR DEVELOPED PROGRAM AND THE TIME LINE . YOU WILL SEE THAT IN THE FOLLOWING SLIDES. ESSENTIALLY , WHEN YOU LOOK THROUGH THE TIME LINE OF THIS PROJECT, ALL OF THE INFRASTRUCTURE WAS COMPLETED IN SEPTEMBER. IN DECEMBER WHEN I WAS LAST HERE BEFORE THIS BOARD WAS WHEN THE CONVEYANCE OF THE ENTIRE SITE WAS DONE . WE WERE ABLE TO GET CONSTRUCTION FINANCING AND GET VERTICAL INSTRUCTION IN THE PAST YEAR .

DEVELOPMENT EFFICIENCY DISRUPTORS , AS I MENTIONED BEFORE, THE DECISION TO UNDERTAKE THE INFRASTRUCTURE SELF, THAT WAS WHAT WE ORIGINALLY NEGOTIATED AS PART OF OUR AGREEMENT. WE WERE PREPARED TO BE ABLE TO DO THAT. SENT DECISION ADDED AT LEAST 17 MONTHS TO THE PROJECT TIME LINE.

IT IS IMPORTANT TO NOTE AT THE TIME WE HAD APPROXIMATELY 10 APPROVED BUYERS THAT WERE LOST TO DO PROJECT DELAYS .

SUBSEQUENT TO THAT, INTEREST RATES ROSE AND CREATED A TREMENDOUS AMOUNT OF UNCERTAINTY BY SEVERAL OF THE BUYERS THAT HAD EXPRESSED INTEREST IN THE PROJECT BUT WE WERE NOT ABLE TO OBTAIN CONSTRUCTION FINANCING BECAUSE WE DO NOT HAVE SITE CONTROL . EVEN THOUGH WE HAD A DEVELOPMENT AGREEMENT PICCADILLY AND CONVEYANCE OF THE LAND DID NOT HAPPEN UNTIL DECEMBER 2023.

WE SOUGHT TO EXECUTE PURCHASE AGREEMENTS IN THE FALL OF 2023 BUT THE CITY WOULD NOT EXTEND DATES FOR THE FUNDING AWARD OF INCREASED SUBSIDIES FOR SOME APPROVED BUYERS. THIS IS AN ELEMENT THAT IS CRITICAL TO THIS PROJECT BECAUSE MANY OF THE BUYERS AND FIRST TIME AFFORDABLE HOUSING UNITS REQUIRED DOWN PAYMENT ASSISTANCE OR SUBSIDIES . WINDOWS PROGRAMS DO NOT RUN IN TANDEM WITH THE CONSTRUCTION SHEDULE, IT CREATES A LAG, AND CONSEQUENTLY WE HAVE WHAT HAS YIELDED TO BE A CONCERN FOR US IN TERMS OF THE OVERALL PROJECT. SO WE HAVE TWO MAJOR ISSUES THAT PLAY . NUMBER ONE IS THAT WE HAVE AS A RESULT NO HOME BUYER PIPELINE. WE HAVE FOUR OF THE 15 UNITS ALREADY SOLD. THE REMAINING 11 UNITS, THERE IS BEEN A LOT OF INDIVIDUALS EXPRESSING INTEREST IN THOSE UNITS. THE PROBLEM WE HAVE IS WHEN THEY FIND OUT IT TAKES 5.5 MONTHS TO BUILD, MANY OF THOSE BUYERS ARE NOT ABLE TO WAIT . THE OTHER ELEMENT THAT WE HAVE IS OBVIOUSLY THE ISSUE OF CONSTRUCTION COST CONCERNS. I DO NOT NEED TO TELL THIS BOARD WHAT THE MARKET IS IN TERMS OF HOW

[01:10:08]

BECAUSE HE WILL UNDERTAKE CAPITAL PROJECTS AS WELL. SO YOU UNDERSTAND THAT THOSE CONCERNS ARE FACTORS THAT WE REALLY HAVE TO TRY TO GET AHEAD OF THE FIRST ONE IS THE HOME BUYER PIPELINE.

IF WE HAD THE HOME BUYERS IN PLACE AND IF THEY WERE ABLE TO GET THE SUBSIDIES THAT THEY NEEDED , WE WOULD BE ABLE TO PRE SELL THOSE UNIT AND CONTINUE THE CONSTRUCTION WITH WHAT IT WOULD TAKE TO MAKE THE PROJECT FEASIBLE. THE IDEA HERE THAT WE WANTED TO PRESENT TO THE BOARD IS FOR THE FORT PIERCE REDEVELOPMENT AGENCY TO FUND THE CONSTRUCTION OF THE REMAINING UNSOLD UNITS. WHAT THIS WOULD LOOK LIKE IS ON THIS PARTICULAR SLIDE. FIRST AND FOREMOST, A DEVELOPER WOULD MAINTAIN OWNERSHIP OF THE PROJECT. I LIKE THE FIRST PHASE OF THE OAKS AT MOORE'S CREEK, YOU WOULD NOT BE IN THE DEVELOPMENT BUSINESS. WE WOULD STILL RETAIN OWNERSHIP OF THE PROJECT. THE FORT PIERCE REDEVELOPMENT AGENCY WOULD BE A PRIMARY FUNDING SOURCE FOR DEVELOPMENT ACTIVITIES STARTING APRIL 25. OBVIOUSLY, WE ARE A LITTLE BIT BEHIND SCHEDULE IN THAT REGARD . IN TERMS OF YOUR ROLE AS A DEVELOPMENT AGENCY TO PROVIDE CAPITAL FOR THE CONSTRUCTION EXCLUSIVELY. OBVIOUSLY , THIS WOULD REQUIRE A DEVELOPMENT AGREEMENT AMENDMENT AND THE CONSTRUCTION SCHEDULE BASED UPON OUR CONVERSATIONS WITH THE GENERAL CONTRACTOR AND WHAT WE BELIEVE WE CAN ACCOMPLISH WE CAN GET THE REMAINING 11 UNITS COMPLETED IN AN 11 MONTH CONSTRUCTION SCHEDULE. THE REPAYMENT OF THE FUNDS, WHICH IS THE LAST COMPONENT OF THIS PROPOSAL, IS THAT THE DEVELOPER WOULD REPAY THE FUNDS TO THE FPRA AT THE CLOSING OF EACH HOUSING UNIT.

THIS IS A BREAKDOWN OF HOW THE ESTIMATE IS DERIVED . AS YOU CAN SEE , THE BIG NUMBER HERE IS THE TOTAL OF THE HARD CONSTRUCTION COST AT 2.8 MILLION. THE MONTHLY CONSTRUCTION DRAWS ARE BASED UPON THE SUBMISSION OF G702 TO RECORD THE WORK COMPLETED TO DATE YOU WILL SEE WHAT THAT WOULD LOOK LIKE ON A MONTHLY BASIS . SO THIS IS THE CONSTRUCTION DRAW SCHEDULE BASED UPON THE 11 MONTH CONSTRUCTION WORK SCHEDULE. THIS WAS OUR CONVERSATION WITH STAFF TO MAKE SURE THAT THERE WAS AN UNDERSTANDING OF THE CASH REQUIREMENTS. WE WOULD SUBMIT THOSE DRAWS MONTHLY ON A MUTUALLY AGREED UPON DATE BY BOTH PARTIES AND THE CONSTRUCTION DRAW WOULD BE SUBMITTED APPROXIMATELY 30 DAYS AFTER THE START OF CONSTRUCTION . THE PROJECT MILESTONES, AND I APOLOGIZE ABOUT THE BUSYNESS OF THIS SLIDE. IT REALLY IS TIED IF YOU LOOK AT THE SECOND COLUMN FROM THE LEFT. THE AMOUNT TIES TO THE DRAWS . EACH DRAW TO THE RIGHT, IF YOU READ IT , IT IS TIED TO THE SPECIFIC LOT. IT TELLS YOU EXACTLY WHAT IS HAPPENING ON THAT LOT FOR THAT DRAW. IN ADDITION WE PROVIDE A WEEKLY CONSTRUCTION REPORT.

RIGHT NOW WE HAVE DONE THIS WITH EXISTING BUYERS . THEY GET NOT ONLY A REPORT OF WHAT HAS BEEN DONE BUT PROGRESS PICTURES THAT WE WOULD CONTINUE TO DO THAT. THE CITY GETS THE INSPECTIONS DONE BY THE COMPLETION OF SPECIFIC TRADES OR ACCOMPLISHMENTS ON EACH HOUSING UNIT . THIS BREAKS DOWN THE PERCENTAGE OF OVERALL BUDGET AND THE WORK THAT IS BEING DONE ON EACH PARTIAL . AS FAR AS THE COMPLETION SCHEDULE, IF WE WERE TO START TODAY OR MAY FIRST COMING THEORY WE WOULD BE ABLE TO COMPLETE ALL REMAINING UNITS BY APRIL 2026. THAT IS OUR DEADLINE UNDER OUR CURRENT AGREEMENT WITH FLORIDA HOUSING FOR THE PREDEVELOPMENT FUNDS . THIS WILL GIVE YOU AN IDEA .

SOME KEY MILESTONES . THE TOTAL COMPLETION CONSTRUCTION WOULD BE WITHIN 11 MONTHS. WE WOULD BE MARKETING WITH COMPLETED UNITS TO BE ONGOING USING ZILLOW, REDFIN, AND OTHER RESOURCES. I FAILED TO MENTION IN THE AUDIENCE IS JACKIE , WHO HAS

[01:15:03]

RATHER THAN FORGO A SALE, IF WE ELIMINATE THAT REQUIREMENT AND WE CAN CONTINUE TO MOVE THE PROJECT FORWARD WITH THE OVERALL ACCOMPLISHMENTS AND GOALS STILL MEANT . SO JUST TO SUMMARIZE WE ARE SEEKING THE FPRA TO FUND CONSTRUCTION COST AND THE

[01:20:05]

AND I'M HAPPY TO ANSWER ANY QUESTIONS THAT YOU ALL MAY HAVE . AGAIN, I WANT TO UNDERSCORE THE TWO ITEMS FIRST IS THE SUBORDINATION AND STANDSTILL AGREEMENT. SECOND IS DIRECTION

ON THIS RECOMMENDATION . >> QUESTIONS ?

>> COMMISSIONER BRODERICK . >> I WANT TO UNDERSTAND THE FINANCIAL RAMIFICATIONS OF THIS IN THEIR ENTIRETY AND WHAT THE ASK IS HERE. YOU ARE LOOKING FOR $3.4 MILLION IN CONSTRUCTION

COSTS . >> OVER AN 11 MONTH PERIOD.

>> AND YOU'RE LOOKING FOR $250,000 TO REPAY THE LOAN TO THE FLORIDA HOUSING FINANCE CORPORATION.

>> AND THE $250,000 IS PART OF THE $3.4 ASK .

>> EXPLAINED TO ME THIS BECAUSE THIS IS BEFORE MY TIME. THE CITY CONTRIBUTION TO DOWN PAYMENT . WHAT IS BEING DONE NOW AND WHAT

IS IT THAT YOU ARE ASKING ? >> I BELIEVE THAT THE CURRENT PROGRAM, AS IT STANDS, AND I'M NOT SURE IF YOU COULD SPEAK TO THAT , SHYANNE , BUT THEY WERE PROVIDING DOWN PAYMENT ASSISTANCE BUT IT WAS A SLIDING SCALE BECAUSE BASED UPON INCOME IT COULD FLUCTUATE. YOU GET UP TO 40, DID DEPENDED ON INCOME.

>> FOR DISCUSSION PURPOSES I'M GOING TO USE $40,000 TIMES 11 MORE UNITS SO THE ASK IS $3.4 MILLION FOR A YEAR AND HOW ARE YOU GOING TO HANDLE INCREASING CONSTRUCTION COSTS ? IS THAT COMING BACK TO THE CITY FOR AN ADDITIONAL ASK?

>> IF WE TAKE ACTION RIGHT AWAY THE GENERAL CONTRACTOR IS ABLE TO SECURE THOSE VENDORS AND HOLD THOSE PRESSES SO THE PRICE WOULD NOT ESCALATE. THAT IS THE ISSUE OF THE URGENCY OF THE ASK THAT

WE WOULD HOLD THOSE PRESSES. >> OBESITY IS PUTTING $3.4 MILLION INTO THIS PROJECT WITH ZERO RETURN ON THEIR MONEY .

THAT IS KIND OF A YES OR NO QUESTION.

>> YES >> SO THE CITY COMMITS TAXPAYER MONEY TO THIS PROJECT WITH ZERO RETURN AND THEN WE ARE ON THE HOOK FOR AN ADDITIONAL $440,000 IN SUBSIDIES AND PERHAPS MORE,

[01:25:02]

>> I WOULD REPHRASE THE PRESENTATION OF THAT. I WOULD SAY IT IS A ZERO RETURN ON YOUR INVESTMENT. WITH THE CONSTRUCTION YOU ARE GOING TO ULTIMATELYHAVE THESE UNITS BECOME PART OF YOUR TAX ROLL, SO IT IS MISSION CENTRIC IN TERMS OF WHAT THIS BOARD IS ORGANIST TO DO RATHER THAN HAVING THE PARCELS SIT VACANT AND UNDEVELOPED YOU WOULD HAVE 15 NEW HOMEOWNERS TO BE CONTRIBUTING MEMBERS OF YOUR

COMMUNITY. >> I DISAGREE WITH THE ASSESSMENT THAT THEM TO PAY TAXES TO THE CITY AND THE COUNTY IS A RETURN ON INVESTMENT. THAT IS DEDICATED TO EXPENDITURES THAT THE CITY INCURS TO OPERATE THE CITY. WE ARE NOT GENERATING RETURNS. I DISAGREE WITH YOUR PRESUMPTION. I AM VERY TROUBLED BY THE FACT THAT THE CITY IS LOOKING TO BE PLAYING BANK HERE.

I'M NOT GOING TO VISIT THE INFRASTRUCTURE ISSUE AS TO WHAT CITY FUNDS WERE COMMITTED TO COMPLETE THAT. THAT WAS WAY BEFORE MY TIME. I'M ASSUMING THAT THAT WAS A COSTLY EVENT THAT THE CITY UNDERTOOK THAT THE TIME LINE OF COURSE WAS NOT SATISFACTORY TO THE DEVELOPMENT TEAM BUT THE CITY STILL PAID FOR THAT . I'M NOT SURE WHAT WE ARE INTO THIS WHOLE THING FOR AS FAR AS THE ORIGINAL DEVELOPMENT SERVICES AND INFRASTRUCTURE IMPROVEMENTS BUT THE ASK OF $3.4 MILLION , THAT IS SOMETHING THAT

IS A VERY SERIOUS ISSUE . >> YEAH .

>> NOT EVEN CONSIDERING THE CONTRIBUTION ON THE PER UNIT

BASIS . >> THAT ASSUMES WE HAVE $3.4

MILLION LYING AROUND . >> WHERE I WILL PUT IT RIGHT OUT THERE . THE CITY IS OBLIGATED BY THIS TO GO OUT ON BOND OR BORROW THE MONEY IN SOME CAPACITY TO BE ABLE TO LEND IT OUT AT 0.0% RETURN . I JUST WANT TO MAKE SURE THAT WE ARE CLEAR ON THE FINANCIAL IMPACTS HERE . I'M GOING TO COME BACK IN MY OTHER QUESTIONS AS WE GET FURTHER ALONG WITH THIS. I AM A LITTLE

UNSETTLED BY THAT. >> COMMISSIONER GAINES , ARE YOU

READY TO TALK? >> NOT REALLY BECAUSE I'M STILL STUCK ON THE $3.4 MILLION THAT I READ IN MY QUESTION IS IF THE CITY SAYS NO, WHAT HAPPENS. DOES THE PROJECT STOP? IS IT OVER WITH? WHAT HAPPENS TO THIS PROJECT ?

>> RIGHT NOW WE DO NOT HAVE A PATH FORWARD OTHER THAN CONTINUING TO TRY TO IDENTIFY BUYERS . THE ISSUE IS THAT AS WE GET BUYERS AND AS THEY QUALIFY, THE COST TO BUILD THOSE UNITS CONTINUES TO GO UP BECAUSE WE ARE NOT ABLE TO SECURE THOSE CONTRACTS AND BE ABLE TO BUILD THEM AT THE CASE ARTICULATED. IT IS ALMOST LIKE THE GOALPOST KEEPS MOVING FORWARD . AT SOME POINT THE PROJECT BECOMES NOT FEASIBLE. IF THAT IS THE CASE THEN WE HAVE TO LOOK AT THAT AND SAY THAT WE CONTINUE WHERE DO WE

PULL THE PLUG ? >> THAT IS THE QUESTION THAT I AM ASKING . IF WE SAY NO AND THE GOALPOST KEEPS MOVING SO IT BECOMES NOT FEASIBLE FOR YOUR COMPANY TO PROCEED . MY QUESTION IS BACK TO US . WHERE DOES THAT LEAVE INVESTMENT IN THE CITY OF FORT PIERCE THAT THEY'VE ALREADY MADE AND WHAT HAPPENS TO THIS PROPERTY? WE HAVE A YOUNG MAN WHO CAME AND SPOKE WAS ALREADY LIVING THERE. SO WHERE DO WE GO FROM HERE AND WHAT

HAPPENS TO THIS PROPERTY? >> MADAM MAYOR AND BOARD MEMBERS, MADAM CHAIR AND BOARD MEMBERS. WHAT I'M HEARING IS THAT THE DEVELOPER DOES NOT HAVE THE FINANCIAL MEANS TO GO FORWARD WITH THIS PROJECT AND THE REQUEST IS FOR THE FRPA TO FUND THIS MOVING FORWARD . IF THE FRPA DOES NOT WISH TO EXPEND THE $3.4 MILLION , WE WILL WORK WITH THE DEVELOPER TO TERMINATE THIS CONTRACT MOVING FORWARD, AND THEN IT WILL COME BACK TO THE FRPA BOARD FOR HOW YOU WOULD LIKE TO PROCEED WITH THE

[01:30:03]

>> MADAM CHAIR, WHEN I SAY THAT WE DO NOT HAVE THE FINANCIAL MEANS . WE HAVE A COMMITMENT FOR CONSTRUCTION CAPITAL. THE ISSUE FOR US IS THAT WITHOUT A HOME BUYER PIPELINE , THE FEASIBILITY OF THE FINANCES DO NOT MAKE SENSE. AS TIME ELAPSED , WE ARE NOT ABLE TO HOLD PRICES WHERE THEY NEED TO BE WHERE IT MAKES SENSE FOR THE BUYER OR DEVELOPER . IT IS NOT THAT WE DO NOT HAVE THE FINANCIAL WHEREWITHAL. WE DO HAVE COMMITMENTS FOR CAPITAL FUNDING . THOSE ARE TIED TO EXECUTED PURCHASE AND SALE AGREEMENTS. WE NEED TO HAVE HOME BUYERS THAT CAN QUALIFY THAT ARE ABLE TO COME UP WITH A DEPOSIT AND THEN HAVE TO BE WILLING TO WAIT TO HAVE THE UNIT BUILT. THAT IS WHERE WE ARE HAVING AN ISSUE . SO AS THAT TIME ELAPSES , IF WE ARE ABLE TO HAVE 15 PEOPLE READY , WE WOULD NOT BE HAVING THIS CONVERSATION . THE ISSUE FOR US IS THAT WITHOUT THE HOME BUYER PIPELINE , WE ARE NOT ABLE TO MAKE THE NUMBERS WORK GOING FORWARD .

>> MY QUESTION IS IS IT OUR RESPONSIBILITY TO CREATE THIS

HOME BUYER PIPELINE ? >> THE ANSWER TO THAT QUESTION

IS NO. >> BECAUSE I REMEMBER THE GROUNDBREAKING AND I REMEMBER THE WHOLE CONCEPT OF THIS. YOU HAD A MARKETING PLAN AND I REMEMBER THE FIRST PHASE OF THE OAKS AT MOORE'S CREEK WHERE WE HELD MORTGAGES AND WE SAID WE WOULD NEVER GET INTO THE HOME BUSINESS AGAIN. MS. HARNAGE?

>> I AM NEW TO THIS PROJECT AND I HAVE BEEN TALKING TO THE TEAM . IN REVIEWING THE AGREEMENT AND AMENDMENTS , I THINK THE INTENT WAS THAT THERE WOULD BE SYNERGY WITH THE CITY AND THE FRPA AND SOME TYPE OF WORKING TOGETHER THROUGH THE DOWN PAYMENT ASSISTANCE OR OTHER MECHANISMS LIKE THAT. IT WILL NOT BE OUR RESPONSIBILITY. THAT IS WHAT IS CONCERNED ABOUT US FUNDING THIS.

IF THE PIPELINE ISN'T THERE FOR THE BUYERS, THEN WE ARE THE ONES HOLDING THAT MORTGAGE AND THAT THOSE FUNDS ARE NOW TIED UP AND CANNOT BE USED. IT IS A RISK, AS WE HAVE DISCUSSED .

>> AND WE HAVE HAD PROBLEMS IN THE PAST WITH THOSE PROGRAMS BECAUSE WE NEED PEOPLE WHO APPLY FOR THEM. WE NEED PEOPLE WHO QUALIFY FOR THEM . WE NEED PEOPLE WHO CAN PROVIDE THE PAPER WORK. THIS IS NOT SOMETHING THAT WE ARE NECESSARILY HOLDING .

ALSO WE HAVE HUD REQUIREMENTS THAT WE HAVE TO FOLLOW . IT IS NOT LIKE WE ARE IN THE BUSINESS OF CREATING HOME BUYERS . THE CITY IS NOT IN THAT BUSINESS. THAT IS NOT OUR PRIMARY BUSINESS. WE ARE IN BUSINESSES THAT I WISH WE WERE NOT IN AND SO HOMEBUYING IS NOT ONE OF THEM .

>> AND MADAM CHAIR, IT WAS NOT MY INTENT TO GIVE THE IMPRESSION THAT WE WERE PUTTING THAT BURDEN ON YOU. IT IS SIMPLY A MARKET CONDITION THAT EXIST BECAUSE OF SEVERAL THINGS. INTEREST RATES

BEING ONE OF THEM. >> BUT THAT EXIST THROUGHOUT THE MARKET AND NOT JUST FOR THIS PROJECT.

>> FROM OUR PERSPECTIVE, ONE OF THE BIG FACTORS IS THAT WHEN YOU DO NOT HAVE A UNIT, A PRODUCT TO BE ABLE TO SELL IT MAKES IT MORE CHALLENGING THAN IF YOU DID HAVE A PRODUCT TO SELL. THAT IS WHEN YOU REDUCE THE CONVERSATION AND THAT IS ESSENTIALLY THE PIVOT THAT WE ARE REQUESTING TO BE MADE. RIGHT NOW WE DO IT ALMOST ON SPECULATION AND THE HOME BUYER WOULD COME IN AND SAY I WILL GIVE YOU A DEPOSIT AND THEN YOU BUILD MY HOUSE AND THAT WORKED IF WE HAVE THE PACE OF HOME BUYERS THAT COULD KEEP UP AND WE COULD SECURE THE CONTRACTS AND IT IS NOT

SUSTAINABLE . >> I AM NOT SURE IF I MISSED IT

[01:35:04]

>> OBVIOUSLY ONE OF THE FACTORS IS THAT IT IS ONLY 15 UNITS. AND FOR THE AFFORDABLE HOUSING , THERE IS NOT A REAL APPETITE FOR IT. AND WHEN WE ORIGINALLY MET WITH STAFF AND WHAT WE INTENDED WAS TO BE ABLE TO HAVE A GREATER IMPACT TO BE ABLE TO PACKAGE IT AS ONE LARGE REDEVELOPMENT PROJECT. AND THEY ARE NOT REALLY LOOKING AT HOME OWNERSHIP UNLESS IT IS A SUITABLE PORTFOLIO SIZE.

>> DO THEY UNDERSTAND THE PRODUCT AT THE LOCAL BANKS?

>> YES. EVERY ONE THAT YOU CAN IMAGINE I REACHED OUT TO THAT. I CAN SPEAK VERY CANDIDLY AND WITH TREMENDOUS KNOWLEDGE BECAUSE I HAVE BEEN DOING THE OUTREACH ON ALL OF THOSE CALLS AND IT IS NOT SOMETHING THEY WOULD EVEN LOOK AT. IT IS REALLY A FRUSTRATION BECAUSE DESPITE THE PROJECT AND THE APPEAL OF THE PROJECT AND

ANYTHING IS RISKY THESE DAYS. >> FIRST OFF , THE CONCEPT OF THE CITY HOLDING MORTGAGES IS ENOUGH TO MAKE MY HEAD EXPLODE .

THAT IS JUST BEYOND . I AM GOING TO SPECULATE THAT THE CITY ENDED UP SELLING THEM FOR A DISCOUNT AND TOOK A LOSS ON THEM . IT DOES NOT TAKE A ROCKET SCIENTIST TO FIGURE OUT WHAT HAPPENED WITH THAT MONEY AND THE NET LOSS THAT THE FRPA TOOK IN BECAUSE OF THAT

. IT IS UNCONSCIONABLE . >> IF I MAY , WE ARE NOT ASKING FOR THE CITY TO PAY THE MORTGAGE.

>> THAT WAS WAY BEFORE MY TIME .

>> IT WAS A NOBLE AND COSTLY GESTURE .

>> I HAVE ONE FOLLOW-UP QUESTION. YOU INDICATE THE MARKET IS SOFT AND THE TARGET MARKET THAT YOU ARE NOT GETTING THE BUYERS THAT YOU NEED. OF THE ASK IS FOR THE CITY TO PUT IN $3.4 MILLION TO AN UNKNOWN MARKET WITH AN UNKNOWN BUYER SOURCE WE GO OUT AND LAND TO BUILD 11 HOMES .

>> THE TOTAL PROJECT IS 15 . >> AND WE DO NOT HAVE AN END GAME AND IF THEY SIT ON THE MARKET FIVE YEARS THE CITY DOES NOT RECEIVE BACK ONE PENNY UNTIL THE UNITS CLOSE XO THIS MONEY IS AT RISK INFINITE . OKAY. THANK YOU .

>> YES . COMMISSIONER GAINES ? >> I AM JUST CURIOUS . THIS IS A QUESTION FOR THE ATTORNEY AND HAVE BEEN TRYING TO LOOK AT THIS INITIAL CONTRACT THAT WAS SIGNED . IN THE CONTRACT, DID THE CITY OR THE FRPA BOARD HAVE A DUTY TO PROVIDE BUYERS ?

>> MADAM CHAIR, MEMBERS OF THE BOARD , THE ANSWER TO THAT IS

NO. >> I DO BELIEVE THAT THERE WAS A COMMITMENT TO BE COLLABORATIVE IN THE EFFORT. I DO NOT THINK IT WAS TO PROVIDE THE BUYERS. THAT WAS THE RESPONSIBILITY OF THE

[01:40:01]

>> THE REVERTER IN THIS CONTRACT IS TIED TO BUILDING PERMITS BEING POLLED AND I THINK CERTIFICATE OF OCCUPANCY BEING ISSUED . SO THE DISCUSSION THAT WE ARE HAVING RIGHT NOW DOES NOT SPECIFICALLY IMPACT THE REVERTER .

>> IS THERE A DEFAULT CURRENTLY ?

>> I DO NOT HAVE A FULL ANSWER, TO TELL YOU THAT. I HAVE NOT REVIEWED EVERY TERM HERE FOR DEFAULT. WE ARE LOOKING FOR THE INITIAL DO YOU WANT TO PROCEED WITH POTENTIALLY FUNDING THIS BEFORE WE HAVE THAT CONVERSATION TO SEE HOW MR. ROSEMAN WOULD

LIKE TO MOVE FORWARD . >> MADAM CHAIR , IF WE AS DEVELOPERS DEVELOP ANYTHING OTHER THAN WHAT IS IN THE AGREEMENT , WHICH IS AFFORDABLE HOUSING FOR FIRST TIME HOME BUYERS , THAT WOULD BE ANOTHER ASPECT . IF WE WERE TO TOMORROW DECIDE TO BUILD LUXURY UNITS ON THE PROPERTY THAT WOULD TRIGGER THE REVERTER AND THE PROPERTY WOULD REVERT TO THE CITY AND THE

FRPA . >> I'M TRYING . I HAVEN'T SEEN SO MANY CONTRACTS SINCE I'VE BEEN HERE . WAS THIS THE PROJECT

WHERE WE CAME BACK . >> THAT WAS PART OF OUR ORIGINAL DEVELOPMENT AGREEMENT. IT IS TO TAKE THAT PORTION OFF OTHER

SCOPE AND DO IT HERSELF. >> I DO NOT SEE THAT YOU GUYS ASKED US TO DO THAT. I DO NOT KNOW HOW IT HAPPENED BUT I JUST

KNOW THAT I DID. >> DO WE KNOW HOW MUCH THAT COST

THE CITY ? >> BISCUITS BETTER BY THE

MINUTE. THANK YOU . >> MADAM MAYOR , I'M NOT GOING TO REITERATE THE RENT THAT I WENT ON LAST NIGHT WITH THE CITY TO STAY IN THEIR LANE BUT LOOKING THROUGH THE FRPA LENS I SEE THIS AS WE ARE NOT RESPONSIBLE FOR THE HOMEOWNER PIPELINE OR WHATEVER. IT FEELS LIKE SOMETHING THAT WE COULD ASSIST WITH AND MORE IN OUR LANE FROM FRPA AS FAR AS HELPING WE KNOW THAT THEY ARE OUT THERE. I FEEL LIKE THIS IS SOMETHING WE COULD HELP WITH MORE AS OPPOSED TO BUILDING 11 HOUSES BECAUSE

THAT IS WAY OUT OF OUR LANE. >> I AM GLAD. THAT IS WHY WE HAVE THESE DISCUSSIONS. I AGREE THAT THEY ARE OUT THERE. I HAVE NEVER BEEN IN A POSITION TO GO OUT AND TRY TO FIND THEM . I WOULD LOVE TO SEE HOW YOU IMAGINE THOSE. SOMEBODY FROM THE TEAM IS HERE. IF SOMEBODY TELLS US HOW WE ARE GOING TO FIND HOME BUYERS AND WHAT MAKES THIS PROJECT SO MUCH DIFFERENT THAN ANY OTHER PROJECT THAT COMES BEFORE US AND THEY ARE GOING TO WANT HOME BUYERS . ARE WE SETTING HERSELF UP FOR THIS IN THE FUTURE ? WE KNOW PEOPLE OUT THERE. OTHER DEVELOPERS ARE SITTING HERE WATCHING THIS RIGHT TO KNOW AND IF WE START DOING IT FOR ONE , WE ARE GOING TO START DOING IT FOR ALL . JUST KNOW THAT EVERY OTHER DEVELOPER COMING BACK BEFORE THIS BOARD IS GOING TO ASK THE SAME THING AND THIS WILL BE HARD FOR US TO SAY NO AT THAT TIME. IF YOU HAVE AN IDEA . I GUESS SOME OF THE THINGS HE IS ASKING FOR IS FOR US TO PUT UP MORE MONEY FOR THE

DOWN PAYMENT . >> AND THE LAND ACQUISITION COST

[01:45:12]

. >> WE WOULD HAVE IT AT THE DOOR TOMORROW SO I AM JUST TRYING TO FIGURE OUT IS THAT IS WHAT WE WANT TO DO PAGES KNOW THAT EVERY OTHER DEVELOPER WILL BE ASKING

THE SAME THING . >> SO THE CITY ACQUIRED THE

PROPERTY ? >> I DO NOT KNOW HOW THE CITY OR

THE FRPA ACQUIRED THE LAND . >> ALL RIGHT. SO WE HAD A COST OF ACQUISITION ALL RELATED TO SUBDIVISION .

>> I APOLOGIZE FOR INTERRUPTING , MADAM CHAIR. BESOUGHT COSTAS TO THE PREDEVELOPMENT LOAN . WE INCURRED THE SOFT COST FORGETTING THE PARCELS READY TO BE DEVELOPED . THEY ARE PAID AS

THE UNITS ARE SOLD . >> I GOT IT . I UNDERSTAND . AT THE END OF THE DAY, I KNOW WHAT THE BOTTOM LINE IS ON THAT .

>> COMMISSIONER BRODERICK I DO THINK IT WAS BOUGHT BY THE CITY WHEN JOHN WARD WAS HERE AND THAT WOULD'VE BEEN IN THE 2005 TO 2010 ERA, I THINK. SOMETHING LIKE THAT. IS THAT RIGHT?

>> YES. >> SO WE HAD THE ACQUISITION

COST AS WELL . >> MADAM CHAIR , MEMBERS OF THE BOARD , IN THE DEVELOPMENT AGREEMENT ORIGINALLY THERE IS A SECTION CALLED POTENTIAL HOME BUYER PLAN PUTTING IT ON THE DEVELOPER TO PREPARE A PLAN TO ATTRACT QUALIFIED BUYERS COMMITTING TO ENGAGE THE CITY TO DETERMINE IF EMPLOYEES MIGHT BECOME ELIGIBLE FOR THE HOME BUYER OUTREACH PROGRAM A PART OF THIS PLAN TO INCLUDE RECRUITMENT OF LAW ENFORCEMENT . WE HAD A FIREFIGHTER AND TEACHERS ENGAGING LOCAL BANKS . THERE IS AN ENTIRE OUTLINE FOR THE PLAN THAT THE DEVELOPER WANTS SUPPOSED TO PUT TOGETHER TO ATTRACT BUYERS AND IT WAS SUPPOSED TO BE ATTACHED TO EXHIBIT G TO THE AGREEMENT. IT

IS A 65 PAGE AGREEMENT. >> WHAT IS THE PRICE POINT ?

>> HIGH 2S, LOW 3S. ALL THREE BEDROOM, TWO BATH. THE SMALLEST

UNIT 1500 SQUARE FEET . >> I HAVE HAD THIS DISCUSSION WITH MULTIPLE RESIDENTIAL DEVELOPERS WHO ARE TRYING TO TENDER PORTIONS OF THEIR DEVELOPMENT IS WHAT THEY DETERMINE AS WORKFORCE HOUSING AND THE STRIKEPOINT IS $300,000 . I FIND THAT REMARKABLE BUT I UNDERSTAND THE COST OF CONSTRUCTION . $300,000 FOR AFFORDABLE HOUSING IT IS

STUNNING . >> AND COMMISSIONER IF YOU LOOK AT THE NUMBER FOUR ST. LUCIE COUNTY IT IS MUCH HIGHER THAN 300 . I HAVE BEEN IN THIS PARTICULAR SPACE FOR A LONG TIME AND THE NUMBERS ARE ASTRONOMICAL. THEY ARE AN OFFSHOOT OF WHATEVER THE MARKET IS THE ONE THING THAT I ALWAYS TELL PEOPLE IS THAT MATERIALS DO NOT DIFFERENTIATE BETWEEN MARKETABLE AND AFFORDABLE AND WOOD IS THE SAME FOR LUXURY CONSTRUCTION AS IT IS FOR AFFORDABLE . THAT IS THE SPACE THAT WE ARE IN AND WE HAVE TRIED TO MITIGATE THE COST . THAT IS WHY TO BE ABLE TO DO THIS AT THE SCALE IS THE LAST HAIL MARY BECAUSE TO DO AT THIS PACE IT IS JUST NOT SUSTAINABLE .

[01:50:08]

>> AND THAT EXHIBIT WOOD STARTS ON PAGE 60 OF THE AGREEMENT

OUTLINING THE MARKETING PLAN . >> IT IS A PRETTY COMPREHENSIVE PLAN . EARLY ON WE PUT TOGETHER A WEBSITE SPECIFIC TO THE OAKS AT MOORE'S CREEK. WHEN I WAS BEFORE THE BOARD IN DECEMBER , I PROVIDED A FULL PRESENTATION ON OUR OUTREACH EFFORTS AT THIS TIME AND THIS IS CONTINUED THROUGH THE EFFORT OF JACKIE AND CONTINUING TO MARKET IT AS MUCH AS POSSIBLE. IT HAS BEEN A CHALLENGE . ONE OF THE UNITS SOLD TO ONE OF THE LAW ENFORCEMENT FOLKS IN THE CITY. WE HAVE NOT HAD MUCH SUCCESS TO GET THE WORD OUT . WE HAVE REACHED OUT TO ALL OF THE MAJOR EMPLOYERS. MANY OF THEM DO NOT ALLOW FOR THIRD PARTY MARKETING . WE HAVE LITERALLY KNOCKED ON EVERY DOOR AND TURNED OVER EVERY ROCK AND THIS IS OUR LAST PIVOT POINT TO SEE IF WE COULD SELVAGE THE PROJECT . WE ARE NOT TRYING TO GIVE YOU A PRETTY PICTURE THAT IT IS GOING TO WORK BECAUSE I CANNOT TELL YOU THAT IT IS A GUARANTEE . BUT IT IS THE LAST OPTION THAT WE HAVE COME TO .

>> I FOR ONE I JUST DO NOT SEE THE CITY TO BE IN THE HOUSING BUSINESS . I JUST FEEL LIKE THIS ASK IS LIKE, IN AND ASKING FOR $3.4 MILLION. IT IS A LOT . EVEN IF WE WERE INCLINED TO DO IT AND WE HAD IT AROUND, THE FLOODGATES WOULD OPEN UP . AND I KNOW THAT WHEN WE WENT DOWN THIS PATH WITH OAKS AT MOORE'S CREEK ONE WE DID THE INFRASTRUCTURE FOR THAT, THE FRPA PAID FOR IT OR MAYBE IT WAS THE FPUA, AND WHEN YOU SAID YOU WERE WILLING TO DO IT AND THE CITY DID IT AND IF YOU'RE GOING TO DO IT WE WERE GOING TO

PAY FOR IT ? >> YES BUT WE WERE NOT GOING TO HAVE THAT COST BECAUSE WE WILL BE ABLE TO GET BETTER PRICING THEIR OWN PROCUREMENT PROCESS AND WE WILL CERTAINLY BE ABLE TO DO IT QUICKER BECAUSE WE DON'T HAVE TO GO THROUGH THE SAME .

>> IT IS REQUIRED BY STATUTE . >> SO THE ELEMENTS OF OUR ABILITY AS A PRIVATE DEVELOPER TO GET THE BEST COST AS WELL AS THE EXPEDIENCY OF US DOING IT WE WOULD HAVE NEXT THAT 17 MONTH PERIOD BY ONE THIRD . I'M NOT SAYING THAT WE WOULD'VE DONE IT FROM ONE DAY TO THE NEXT. IT HAS TO BE DONE CORRECTLY.

>> BUT YOU DO NOT HAVE TO GO THROUGH ALL OF THE GOVERNMENT

REQUIREMENTS. IT IS QUICKER. >> MADAM CHAIR, I WANT TO MAKE SURE THAT WE CREATE A DISTINCTION BETWEEN THE ITEMS ON THE AGENDA . THIS PRESENTATION IS JUST TO SHARE WITH YOU AND TO SHARE WITH YOU WHAT YOU ALL ELECT TO DO. THE SUBORDINATION AND STANDSTILL AGREEMENT IS SEPARATE AND APART FROM THIS .

IS IT A RESOLUTION ? >> WE WILL MAKE SURE .

>> I JUST WANTED TO MAKE SURE BUT THE WEIGHT IS WRITTEN IT IS BOTH ITEMS THAT STOP HAD WANTED TO PRESENTED THAT WAY SO YOU ALL WOULD UNDERSTAND AS A WHOLE. I DO WANT TO MAKE THE DISTINCTION THAT WE ARE NOT ASKING SPECIFICALLY FOR DECISION ON THE PRESENTATION BUT REALLY JUST TO GET YOUR FEEDBACK AND SOME DIRECTION. IF THAT REQUIRES MORE DIALOGUE, WE ARE HAPPY TO DO THAT BU TIME IS OF THE ESSENCE . IF THE COLLECTIVE CONSENSUS IS THAT IS NOT SOMETHING YOU WANT TO DO , THEN WE WILL MOVE IN THAT DIRECTION FIGURE OUT NEXT STEPS .

>> JUST SO WE UNDERSTAND WHAT WE ARE BEING ASKED TO DO CAN EITHER YOU OR YOU EXPLAIN THESE DIFFERENT REQUEST SO THAT WE UNDERSTAND WHAT WE ARE BEING ASKED ABOUT?

[01:55:01]

>> YES, MADAM CHAIR . THE TWO ISSUES ARE RELATED TO THE DEVELOPER ASK RELATED TO FUNDING FROM THIS FRPA AND I GUESS ANY OF THOSE ARE COMBINATION OF THOSE . THE SECOND REQUEST IS A SUBORDINATION AND STANDSTILL AGREEMENT. I THINK STEP ACTUALLY ATTACHED THE MEMO FROM THAT ONE TO THE AGENDA AS WELL. WHAT IS DIFFERENT BETWEEN THIS AND THE LAST IS THE REQUIREMENTS WITHIN , WELL, MULTIPLE THINGS ARE DIFFERENT. THERE IS A REQUIREMENT WITHIN THE DEVELOPMENT AGREEMENT FOR THE SUBORDINATION IF IT IS CONSTRUCTION LOANS . IN SPEAKING WITH GENERAL COUNSEL FOR THE LENDER FOR THIS NEW SUBORDINATION AND STANDSTILL AGREEMENT, THESE ARE FOR PRECONSTRUCTION LOAN ISSUES THAT WOULD NOT QUALIFY UNDER THE AGREEMENT THAT REQUIRES YOU TO ENTER INTO THIS AGREEMENT THE PREVIOUS STANDSTILL AGREEMENT THAT WE HAD THAT WAS A PAINSTAKING PROCESS BETWEEN MYSELF AND THE ATTORNEY FOR THAT LENDER RELATED TO MAKING IT CLEAR THAT THOSE LOANS WERE PER PARCEL . WHAT YOU ARE ESSENTIALLY DOING IS SAYING WE ARE GOING TO GO UNDER YOUR LOAN, YOUR MORTGAGE , SO THAT A FEW DEFAULTS , THE PRIORITY IS TO THIS LENDER . THE PROBLEM FOR THESE LENDERS IS WE HAVE THIS REVERTER . THEY DO NOT WANT TO LOAN MONEY TO THE DEVELOPER BECAUSE WE HAVE A REVERTER OR WE COULD TAKE THE PROPERTY BEFORE THEY COULD A FEW DEFAULTS ON THOSE LOANS. WITH THIS NEW SUBORDINATION AND STANDSTILL AGREEMENT , THIS IS FOR THE ENTIRE PROPERTY THAT WE WOULD BE SUBORDINATING AND AGREEING TO A STANDSTILL ON THE REVERTER RELATED TO THE ENTIRETY OF THE PROPERTY.

>> MADAM CHAIR , WITH ONE EXCEPTION THE LANGUAGE ON THIS PARTICULAR REVERTER ON THE AGENDA TONIGHT , IT WAS NOT AMENDED TO REFLECT THOSE THAT ABILITY CLOSED AND WHERE CONSTRUCTION HAS ALREADY STARTED. I HAD BEEN IN CONVERSATION WITH THE COUNSEL FOR FLORIDA HOUSING TO GET THE ITEM ON THE AGENDA BECAUSE IT IS A COMPLIANCE ISSUE IN TERMS OF THAT . SO THE LOAN ESSENTIALLY SECURED BY THE REMAINING 12 UNITS THAT HAVE NOT YET BEEN SOLD. THE THREE THAT ALREADY UNDER CONSTRUCTION HAVE BEEN PAID. THOSE WILL NOT BE A PART OF THE SUBORDINATION AGREEMENT. TO ALSO ADD SOME CLARITY ON THE ORIGINAL SUBORDINATION AND STANDSTILL AGREEMENT WITH FLORIDA COMMUNITY LOAN FUND , THE ONLY SECURITIZE ONCE WE GO UNDER CONTRACT . SO IT IS NOT LIKE THIS ONE IS . THOSE ARE ONLY ATTACHED TO THE PARCEL ONCE WE MAKE A CELL AGREEMENT .

>> THE DIFFERENCE HERE IS YOU ARE LOOKING TO FINANCE THIS THROUGH FRPA FUNDS TO BUILD SPEC HOUSING .

>> YOU ARE REFERRING TO THE SUBORDINATION AND STANDSTILL

AGREEMENT ? >> THE NEW FINANCING IS TO DEVELOP SPECULATION HOUSING IN THE HOPES OF SELLING IT BECAUSE THESE OTHER LENDERS WILL NOT DO THAT .

>> NOT EXACTLY . IF I'M UNDERSTANDING YOUR QUESTION. THE ITEM ON THE AGENDA IS FOR A PREDEVELOPMENT LOAN OF TWO $500,000 OF AS PART FOR WHAT WE USE FOR THE APARTMENT . THAT IS WHAT WE ARE ASKING YOU TO APPROVE THIS EVENING. THE PRESENTATION IS TO GET DIRECTION ON FINANCING THE CONSTRUCTION AND NOT NECESSARILY DEALING WITH THE REVERTER OR THE

SUBORDINATION. >> AND THAT IS TO HAVE FRPA ACT

AS A LENDER . >> CORRECT.

>> OKAY. THANK YOU . >> MR. JOHNSON ?

>> MADAM CHAIR AND BOARD , NOW THAT I THINK WE HAVE CLEARED THE AIR AS TO SPECIFICALLY WHAT THE ITEMS ARE AND TYPICALLY STAFF WOULD PRECLUDE THE CONVERSATION WITH WHATEVER THE RECOMMENDATION IS REGARDING THIS. MYSELF AND MS. HARNAGE AND MS. COX AND MS.

[02:00:15]

>> THANK YOU. I MYSELF WAS HEADING IN THAT DIRECTION ANYWAY SO I'M GLAD WE AGREE . GENTLEMEN?

>> I AGREE WITH THE ANALYSIS OF SHAY. THE CITY IS NOT IN THE POSITION TO CONDUCT WHOLESALE LENDING , IN MY OPINION, FOR PRIVATE DEVELOPMENT. I GET THIS IS SOMEWHAT OF A PRIVATE PARTNER PARTNERSHIP BUT THAT IS NOT SHIFT THE BURDEN OF THE COST BACK TO THE CITY FOR PUTTING A SUBSTANTIAL AMOUNT OF MONEY ON THE STREET WITHOUT REPAYMENT TIME LINE. THIS IS SPEC BUILDING USING CITY MONEY , HOPING THAT THESE UNITS ARE TO SELL. IN MY

WORLD, THAT DOESN'T WORK. >> MADAM CHAIR , AS MUCH AS I WANT TO SEE THIS PROJECT SUCCEED , THIS IS THE REASON WHY COMMISSIONER JOHNSON IS IN TALLAHASSEE. FIGHTING THAT BILL TO GET RID OF FRPA AND THE BOARD BECAUSE I KIND OF FOUND THAT THEY WERE LENDING OUT MONEY AND TAXPAYERS STARTED COMPLAINING.

THERE LENDING OUT MONEY AND THE TAXPAYERS WERE COMPLAINING THAT THEIR MONEY WAS BEING SPENT ELSEWHERE AND NOT FOR THE BENEFIT OF THE TAXPAYERS AND THAT IS WHY WE ARE FACING THIS

IN TALLAHASSEE . >> BAD BEHAVIOR ON THE CRA PART.

>> WITH ME KNOWING THAT , AND I AM GLAD THAT THE DIRECTOR SAID WHAT HE SAID . I KNOW THAT I AM A NO ON THE $3.4 MILLION, BUT I AM TRYING TO UNDERSTAND SO I AM CLEAR. THE STANDSTILL AGREEMENT IS BASICALLY ASKING US TO WAIVE OUR REVERTER AND WE PUT MONEY IN TO THE PROPERTY AND NOW YOU'RE SAYING THAT SOMEBODY ELSE COME IN AND TAKE THE PROPERTY . AND IN A NUTSHELL IS THAT WHAT I AM HEARING WHERE WE MOVING TO NUMBER TWO SO THEY CAN GET ALL OF THEIR MONEY BACK? HOW DOES THAT WORK?

>> MADAM HEDGES, >> THERE IS A STANDSTILL COMPLEMENT TO THAT AND WE WILL NOT EXERCISE A REVERTER AND I DO NOT KNOW IF MR. ROSEMAN HAS DEALT WITH THE ISSUE BETWEEN THE OTHER LENDER SO THAT THOSE TWO ARE GOING TO BE FIGHTING OVER WHO HAS PRIORITY IF THERE IS A DEFAULT. SO WE WILL NOT EXERCISE OUR REVERTER AND EVEN IF WE WERE GOING TO EXERCISE OUR REVERTER WE ARE NOW BELOW TWO ENTITIES. FOR ME AND WHAT I NEED TO IMPART

[02:05:01]

>> AND THERE IS NOT A CLEAN REVERTER . IT IS COMING BACK

SUBJECT TO ALL OF THAT DEBT . >> JUST TO ANSWER MS. HEDGES .

THERE HAS BEEN AN AGREEMENT BETWEEN THE TWO LENDERS . THIS ITEM WAS ACTUALLY SUPPOSED TO BE ON THE AGENDA WE WERE STILL IN NEGOTIATIONS TO TRY TO GET THOSE LENDERS TO AGREE AND THAT IS ONE OF THE THINGS THAT WAS IMPORTANT TO MAKE SURE THAT THEY WERE NEXT TO THE ITEM ON THE AGENDA TONIGHT .

>> SO THE CITY WOULD BE IN THIRD PLACE .

>> ON A UNIT THAT IS ALREADY UNDERWAY. IF THERE IS NOT CONSTRUCTION THERE IS ONLY ONE THAT WOULD BE SUPERIOR, FLORIDA HOUSING THE CONSTRUCTION LENDER ONLY APPLIES THEIR LIEN WHEN IT

BEGINS. >> AND WHAT IS THE TOTAL ON THE

PROJECT ? >> WE HAVE UP TO 500,000 BUT THE PREDICTION IS ONLY $375,000. WE ARE NOT THERE YET. WE HAVE COSTS THAT WE HAVE NOT BEEN ABLE TO GET REIMBURSED FOR BECAUSE THE SUBORDINATION AND STANDSTILL NOT APPROVED.

>> SO THE OWNERSHIP PERSPECTIVE WOULD TAKE SUBJECT TO THAT DEBT.

>> BUT THE DEBT JUST TO BE CLEAR HAS BEEN FOR PURPOSES OF THE

DEVELOPMENT OF THE PLANNING. >> SOMEBODY HAS TO PAY IT AT THE

END OF THE DAY . >> DID YOU HAVE SOMETHING THAT

YOU WANTED TO SAY? >> JUST A FEW POINTS OF EQUIVOCATION. WE ARE EITHER IN SECOND OR THIRD POSITION DEPENDENT IF THERE IS CONSTRUCTION LENDING AND IF IT IS A PIECE OF PROPERTY THAT IS NOT THEN YOU ARE IN SECOND PLACE . WITH THE OTHER SUBORDINATION THAT YOU HAVE OUTSTANDING THAT IS PARCEL BY PARCEL , IF THERE IS NOT A CONSTRUCTION LOAN OUT ON THAT PARCEL THEN MONEY HAS NOT BEEN SENT TO MR. ROSEMAN TO THEM IN A SPECIFICALLY BE A $50,000 LOAN FOR THIS PARCEL YET, BUT THE MONEY HAS NOT BEEN LENT YET .

>> SO THE CITY NOW IS IN SECOND POSITION .

>> TO THE OTHER SUBORDINATION. >> THERE IS STILL SOMETHING TO

THAT. >> IT IS STILL SUBJECT TO SECOND POSITION IF YOU WERE TO APPROVE THIS .

>> WAIT A MINUTE BECAUSE I'M CONFUSED NOW . IF WE STAND STILL AND THAT IS WHAT IT SAYS. IF WE STANDSTILL , WHAT DOES THAT DO FOR THE CITY AND THE TAXPAYER ?

>> NOTHING. AND ME SO WE ARE NOT EXERCISING OUR REVERTER WHICH MEANS THE OTHER PEOPLE OF MONEY IN THIS DEVELOPMENT ARE GOING TO TAKE PART IN GETTING THEIR MONEY BACK WITH FORECLOSING ON PROPERTIES OR WHATEVER THEY HAVE TO DO TO GET THEIR MONEY BACK SO THEN YOU ARE DEALING WITH THEM SELLING A PROPERTY IS .

>> BUT YOU SAID WE ARE ALREADY SECOND OR THIRD SO IF WE STANDSTILL WE ARE STILL GOING TO BE SECOND OR THIRD . DO YOU SEE WHERE I'M GOING ? I'M TRYING TO FIGURE OUT . SO IT DOESN'T MATTER IF WE STANDSTILL WHEN IT'S BECAUSE I KNOW WE ARE

SECOND OR THIRD. >> YOUR SECOND . UNTIL CONSTRUCTION STARTS . IF CONSTRUCTION STARTS YOUR THIRD.

>> BUT IF WE STANDSTILL IS STILL SOMEBODY COMING BEFORE US .

>> AS YOU EXIST RIGHT IN THIS MOMENT , YOUR FIRST . IF THEY HAVE NOT OBTAINED CONSTRUCTION LENDING RELATED TO THE OTHER .

IF YOU PUT THIS IN PLACE THE BEST WILL EVER BE A SECOND . YOU

WILL NEVER BE FIRST AGAIN . >> SO IF WE DENY BOTH OF THESE

THAN WHAT IS THE STATUS? >> STAFF AND I WILL WORK WITH

[02:10:06]

>> ONE LAST QUESTION I WILL GET OFF THIS BECAUSE I NEED TO KNOW

IF I MAKE THIS VOTE . >> THIS IS WHO IS ON FIRST .

>> I GET THAT . BY THE FRPA STANDING STILL DOES THAT INTERFERE WITH BANKS COMING IN WANTING TO LOAN MONEY? ARE WE INTERFERING WITH THEM HAVING A CHANCE TO MAKE SOME MONEY THAT I DIDN'T HAVE TO COME BACK TO TRY TO BE A LENDER? THAT IS WHAT I'M TRYING TO FIGURE OUT. THAT IS WHAT I DO NOT CHAN UNDERSTAND

RIGHT NOW. >> I'M NOT IN THE BANKING INDUSTRY BUT IF I WERE A LENDER I WOULD NOT WANT TO LOAN MONEY TO YOU IF THERE IS THIS REVERTER OUT HERE TO SAY SOMEBODY ELSE COULD TAKE THE PROPERTY BUT I ALSO WOULD NOT WANT TO LOAN MONEY TO YOU IF THERE IS THIS OTHER PERSON WHETHER IT IS THE FRPA ARE NOT THAT HAS A SUPERIOR INTEREST . SO YOU ARE DEALING WITH MULTIPLE ISSUES. THE SHORT ANSWER TO YOUR QUESTION IS YES BY NOT ENTERING IT TO THIS SUBORDINATION AND STANDSTILL, IT AFFECTS THE ABILITY TO RECEIVE MONEY FROM A LENDER BECAUSE THEY HAVE INDICATED THAT THEY ARE NOT GOING TO GIVE HIM THIS MONEY .

BUT IT IS YOUR PROPERTY , AND IF YOU GET RID OF YOUR REVERSIONARY RIGHTS THEN YOU HAVE THE ISSUE THAT YOU CANNOT GET YOUR PROPERTY BACK WHEN HE IS IN DEFAULT UNDER THE AGREEMENT AND YOU HAVE THE ABILITY TO EXERCISE YOUR REVERSION .

>> BUT HE ALREADY GOT LOANS ON THE THREE HOUSES SOLD .

>> THAT IS CORRECT . ONE POINT OF CLARIFICATION IS THE PARTICULAR ITEM THAT IS ON THE AGENDA TONIGHT IS THE LENDERS OF FLORIDA FIVE CENTS CORPORATION THEIR MISSION IS TO PROVIDE FUNDING FOR AFFORDABLE HOUSING THE FUNDING THAT THEY HAVE BEEN PROVIDED HAS BEEN IN UP TO 250,000. IN ORDER FOR THEM TO GO BEYOND THE FIRST 250, THEY NEED TO SECURE THIS LOAN WITH THE PROPERTY WHICH IS ESSENTIALLY WHAT YOU'RE DOING HERE WITH REGARD TO THE POSSIBILITY THAT THEY WILL COME IN AND TAKE THE PROPERTY AWAY . THERE IN THE BUSINESS OF PROVIDING FINANCING FOR AFFORDABLE HOUSING . THEY JUST NEED TO HAVE SOMETHING TO TIE THE LOAN TO . THAT IS ESSENTIALLY WHAT YOU'RE DOING .

>> JUST A CLARIFICATION WITH THE SECURING THE INITIAL $250,000?

SIGNATURE LOAN? >> IT IS NOT EVEN HIS SIGNATURE LOAN BECAUSE IT IS OUT OF COMPLAINTS. THEY LOANED US THE MONEY WITHOUT HAVING THE PROPERTY SECURED. IT IS REALLY TRYING TO CLEAN UP SOMETHING THAT WAS NEVER DONE AT THE

BEGINNING . >> COMMISSIONER GAINES , IF THE PROPERTY REVERTS BACK TO THE CITY IT COMES BACK UNENCUMBERED BY ANY OUTSTANDING LOAN , SO IF THERE IS A REVERTER WE TAKE BACK THE 11 LOTS AND WE CAN LIQUIDATE THEM IN ANY CAPACITY THAT WE WANT IF THAT WERE TO BE ARDUOUS AND IT COMES BACK UNENCUMBERED .

SOME IS GOING TO COME LOOKING FOR THAT $250,000 AND THEE COULD BE A LIEN ON EACH OF THOSE 11 UNITS AND IT WOULD STRIKE ME AS ODD SOMEONE WILL GIVE US LIEN RIGHTS .

>> HAS ANYONE TALKED LEGALLY WITHOUT INTERFERING WITH CONTRACTS OR WHATEVER , HAVE WE TALKED TO THIS THIRD PARTY?

>> FLORIDA HOUSING FINANCE CORPORATION .

>> IS ANYONE TALKED TO THEM TO SEE WHERE THEY ARE AT THE TABLE?

>> MADAM CHAIR, THAT WOULD BE ME AGAIN. I BELIEVE IT MIGHT HAVE

BEEN ETHAN . >> THAT IS CORRECT .

>> HE IS AN ASSISTANT GENERAL COUNSEL AND THIS WAS LIMITED TO

[02:15:03]

THAT WAS THE LIMIT OF OUR CONVERSATION .

>> COMMISSIONER , I DO WANT TO GET INTO INTERFERENCE HERE , BUT MS. HEDGES , DOES THIS WARRANT A CONVERSATION BETWEEN YOU AND THEM TO DETERMINE WHAT THEIR CLAIMS ARE ?

>> I CAN HAVE THAT CONVERSATION IF YOU WOULD LIKE. BUT THE LOANS THERE WOULD'VE BEEN BETWEEN FLORIDA HOUSING AND MR. ROSEMAN

. >> I DON'T WANT TO GET INTO THAT BUT IF YOU'RE COMFORTABLE HAVING A CONVERSATION TO FIND OUT WHAT THE STATUS IS I DO THINK WE NEED TO DETERMINE THAT.

>> CAN I ASK WHAT THE CONSENT IS SPECIFICALLY FOR THE FRPA SO I KNOW HOW TO NAVIGATE THE CONVERSATION?

>> MY CONCERN IS THE CITY WILL GET INTO A REVERTER SITUATION AND THEY'RE GOING TO COME LOOKING FOR THE MONEY.

>> FROM THE FRPA ARE AGAINST THE PROPERTY ?

>> AGAINST THE PROPERTY THAT IS NOT DEEDED BACK TO THE FRPA AND

THEY HAVE SOME TYPE OF CLAIM . >> SO WAS THE PROPERTY USED AS SOME SORT OF COLLATERAL ON THE PRIOR LOAN .

>> THAT IS THE BOTTOM LINE AND WE INHERIT A $220,000 OBLIGATION THAT WOULD HAVE TO GET DISCHARGED GET MARKETABLE TITLE

. >> SO THE SHORT ANSWER IS YES I COULD HAVE THAT CONVERSATION, IF YOU WOULD LIKE ME TO.

>> REGARDLESS OF THE OUTCOME OF THIS DISCUSSION TONIGHT, THAT STILL NEEDS TO TAKE PLACE. WE NEED SOME MORE FACTUAL INFORMATION HERE AS TO WHAT PATH WE GO AND WHAT THORN BUSHES ARE WE WALKING INTO HERE. WE KNOW WHERE THEY ARE HERE, BUT WHAT ARE WE WALKING INTO ON THE ROAD? I DO NOT WANT TO WALK INTO

ANOTHER GRENADE . >> I CANNOT IMAGINE WHY. WELL, WE NEED TO DO WITH THIS ITEM ON THE AGENDA NOW WANTS YOU TO HAVE A SPECIAL MEETING AFTER THE CONVERSATION.

>> I AM PREPARED . I CANNOT COMMIT CLOSE TO $4 MILLION POTENTIALLY IN THE CITY FUNDING TO THIS PROJECT. I JUST CANNOT DO THAT . MS. HARNAGE JUST COMMENTED ON THAT AND OUR DIRECTOR HERE HAS COMMENTED THAT STAFF DOES NOT SUPPORT COMMITTING RESPONSE TO THIS. I UNDERSTAND THE LOGIC BEHIND WHAT THEY SAY AND I ENDORSE THAT. THAT IS MY POSITION AND I WILL BE QUITE FRANK ABOUT A FRONT. I APOLOGIZE. I CANNOT COMMIT $4 MILLION OF TAXPAYER MONEY FROM THE CITY OF FORT PIERCE.

ESPECIALLY WITHOUT COMMITMENT FOR REPAYMENT, NO TIME LINE, NO RETURN. THIS IS ABOUT AS BAD AS IT GETS FROM THAT PERSPECTIVE.

FROM A FINANCIAL VIEWPOINT, THIS IS A TRAIN WRECK.

>> I JUST WANT TO BE CLEAR FOR THIS RECORD BECAUSE WE ARE GOING TO LOOK AT THIS RECORD. WHAT WE ARE VOTING ON TONIGHT IS A

STANDSTILL AGREEMENT . >> I THINK STAFF IS SEEKING YOUR

DIRECTION ABOUT. >> WE ARE NOT BODING ANYTHING BUT GIVING DIRECTION TO THE STAFF . I THINK EVERYBODY APPEARS THAT THEY DO NOT FEEL ABOUT THE $3.4 MILLION, SO THE STAFF GOT THAT DIRECTION BUT I THINK WE NEED TO A STAFF KNOW ABOUT THE STANDSTILL AGREEMENT .

>> THAT I THINK WOULD REQUIRE A VOTE.

>> THAT IS THE BOAT . THAT IS WHAT I'M SAYING AND IT IS HARD FOR US TO MAKE A DECISION WITHOUT KNOWING WHAT I JUST ASKED WHERE THE OTHER PARTY STANDS ON ARE THEY TRYING TO MAKE US ONE OR TWO? WHERE DO THEY STAND? WHAT DO THEY REALLY

[02:20:03]

>> MADAM CHAIR, THEY DO NOT WANT ANYTHING FROM US. THEY WANT TO

GIVE MONEY TO MR. ROSEMAN. >> UNDERSTAND THAT BUT HE CANNOT GET IT BECAUSE OF THE STANDSTILL AGREEMENT . SO THEY WANT US TO REMOVE THE REVERTER. BUT WHEN I ASK THAT QUESTION I KNOW THAT IS WHAT HE SAID BUT WHEN I ASKED IF WE HAD TALKED TO THEM AND DID WE GET WORD FROM THEM AND THAT IS WHAT THEY REALLY ASKING FOR US TO DO TO GET RID OF OUR REVERTER .

>> THAT IS THE LANGUAGE OF THE AGREEMENT. IT SAYS THE FRPA AGREES NOTWITHSTANDING THE RIGHT OF REVERTER AND SUBJECT TO THE AGREEMENT THEY CAN REPORT A MORTGAGE AGAINST THE PROPERTY AND WE DO AGREE THAT THEY DEVELOP OUR SHALL BE SUBORDINATED TO THE MANNER PROVIDED TO A CERTAIN AGREEMENT GRANTING A LIEN. YOU GO DOWN TO NUMBER THREE TALKING ABOUT DEFAULT AND THE FRPA AGREEMENT TO STAND STILL AND THE RESTRICTION AGREEMENT OF DEFAULT OCCURS THE FRPA AGREES THAT IT WILL NOT PURSUE ANY RIGHT OF REVERTER OR ANY OTHER REMEDY UNDER THE RESTRICTION AGREEMENT. THAT IS WHAT THIS AGREEMENT DOES

. IT DOES BOTH OF THOSE THINGS. >> I ASSUME YOU ARE NOT WILLING TO GIVE UP ANY OF THOSE RIGHTS .

>> ABSOLUTELY NOT . >> SO JUST TO PUT IT IN CONTEXT , MADAM CHAIR, IN TERMS OF OUR ABILITY TO PROCEED NOTWITHSTANDING THE ASKED IN THE PRESENTATION, WITHOUT THAT SUBORDINATION STANDSTILL AGREEMENT WE WOULD BE PRECLUDED FROM PROCEEDING WITH THE COMMITMENT BECAUSE THAT ADDITIONAL FUNDING SOURCE FOR PREDEVELOPMENT IS WHAT PAYS FOR, AS I MENTIONED , THE ARCHITECTURAL FEES. IF THIS BOARD DECIDES NOT TO APPROVE THE SUBORDINATION AND STANDSTILL AGREEMENT WITH FLORIDA HOUSING, YOU HAVE ELIMINATED OUR ABILITY TO PROCEED NOTWITHSTANDIN THE REQUEST FOR 3.4 MILLION .

>> I UNDERSTAND THAT AND HONESTLY , THIS WHOLE SITUATION IS SOMETHING THAT I WISH THE FLORIDA LEGISLATURE WAS WATCHING AND UNDERSTOOD WHAT THE DIFFICULTIES THERE ARE WITH AFFORDABLE HOUSING AND TRYING TO GET HOME BUYERS APPROVED BECAUSE THIS IS THE WHOLE , WHAT YOU HAVE GONE THROUGH AND WHAT WE ARE GOING THROUGH , IS THE WHOLE PROBLEM WITH TRYING TO DEAL WITH

AFFORDABLE HOUSING . >> I HAVE TO RESPOND AND ASK THIS QUESTION TO MADAM ATTORNEY, BASED UPON WHAT I JUST HEARD WHAT THE FRPA BOARD BE IN BREACH OF THIS CONTRACT IF WE SAID NO

TO THIS STANDSTILL AGREEMENT ? >> NO, SIR. .

>> ALL RIGHT. THANK YOU . >> OKAY. IS THERE A MOTION ?

>> YOU ALL LOOK MY WAY, OKAY. JUST MAKE SURE THEY GET THIS CORRECT, SARA, I MOTION TO DENY WAVING THE SUBORDINATE AND I MOTION TO DENY SUBORDINATION AND THE REMOVAL OF THE STANDSTILL

AGREEMENT . >> SECOND.

>> A MOTION TO DENY THE REQUEST .

>> ALSO SECOND . >> ALL RIGHT.

>> CALL THE ROLL, PLEASE. COMMISSIONER GAINES?

>> YES. >> COMMISSIONER TAYLOR?

>> YES. >> COMMISSIONER BRODERICK?

>> YES. >> THANK YOU.

>> THANK YOU . THANK YOU VERY MUCH .

[d. Approval of the FPRA final Budget Amendment for FY 2023-2024]

>> NEXT ITEM ON THE AGENDA'S APPROVAL OF THE FRPA FINAL BUDGET AMENDMENT FOR 2023 AND 2024 .

>> MR. JOHNSON DO YOU HAVE A LEADING OR IS THIS ALL MS.

MORRIS ? >> IT IS MS. MORRIS.

>> WE HAVE BEFORE US THE FINAL BUDGET AMENDMENT FOR THE FORT PIERCE REDEVELOPMENT AGENCY. THE APPROVED BUDGET WAS 12 MILLION AND WE ARE AMENDING THAT TO $10,598,271 AND AS YOU SEE THE

[02:25:11]

MOST OF THAT IS THE DELAYED PROJECTS. THE BUDGET WAS CREATED WITH ALL OF THE MAJOR PROJECTS THAT WERE TO BE DONE . THOSE DID NOT MATERIALIZE . AS A RESULT , WHEN YOU SEE THAT THERE IS A DECREASED TO THE FUND AS WELL AS THE OTHER PROGRAM COST ALSO . WE ARE AMENDING THE BUDGET TO $10,598,000 . AND YOU WILL SEE THAT ON THE NEXT SLIDE WHERE WE ARE PUTTING THAT BACK. THE BEGINNING FUND BALANCE AND WE ARE ADDING THAT $1.8 MILLION BACK BECAUSE IT WAS NOT USED WHICH IS BEGINNING FOR THE FISCAL YEAR THAT WE ARE IN RIGHT NOW WHEN I SHOWED YOU WAS A LAST WEEK AT THE MEETING AND THAT IS WHERE THE FUND BALANCE ONCE .

>> BECAUSE WE ASKED WHY THE FINANCIALS. QUESTIONS FOR MS.

MORRIS ? >> I HAVE ONE .

>> THE ENDING FUND BALANCE . DOES THAT INCLUDE OUR NOT INCLUDE THE REPAYMENT TO THE GENERAL FUND?

>> THAT INCLUDES WHAT HAS ALREADY BEEN PAID . WE DO NOT RESTRICTED WE JUST PAY IT ON ANNUAL BASIS .

>> SO IT IS ACTUALLY CASH AVAILABLE.

>> CORRECT . >> OKAY . AND SO WE NEED AN

APPROVAL OF THIS BUDGET ? >> THE AMENDMENT OF IT .

>> IS THERE A MOTION? >> MOTION TO APPROVE.

>> SECOND. >> CALL THE ROLL, PLEASE.

>> COMMISSIONER GAINES? >> YES.

>> COMMISSIONER TAYLOR? >> YES.

>> COMMISSIONER BRODERICK? >> YES.

[e. FPRA Resolution 25-01 formally establishing the Commercial Facade Grant Program and corresponding guidelines.]

>> THANK YOU . >> OKAY. NEXT WE HAVE RESOLUTION

25-01 . >> MR. JOHNSON ? MS. HARNAGE?

>> WE HAVE WITH US TONIGHT MIRIAM GARCIA WITH ALL OF THE FRPA PROGRAMS AND HAVE SEEN A FEW COME BEFORE YOU . NEXT MEETING WE WILL HAVE OUR MURAL PROGRAM AND THIS IS IN AN EFFORT TO REALLY FORMALIZE OUR PROGRAMS AND ADOPT THEM WITH OUR GUIDELINES BY YOU BY REVOLUTION RESOLUTION . WE HAVE ALSO HEARD YOUR CONCERNS AT THE MEETING BEFORE WHEN WE WERE AWARDING A FEW. WE HAVE MADE THOSE AMENDMENTS AND I REALLY JUST

LOOKING TO FORMALIZE THIS. >> THANK YOU . LIKE MS. HARNAGE EXPLAINED WE ARE JUST LOOKING TO FORMALIZE THE PROGRAM THAT HAS BEEN LAUNCHED SINCE 20 FORT PIERCE REDEVELOPMENT AGENCY. THE INTENT IS TO SUPPORT THE COMMERCIAL CORRIDORS OF THE FRPA DISTRICT BY STIMULATING PRIVATE INVESTMENT IN ENHANCING THE APPEARANCE OF THE BUILDINGS OFFERING A REIMBURSABLE GRANT MATCHING 50% UP TO $25,000 . THIS PROGRAM DOES MEET THE GOAL NUMBER SEVEN AND CALL NUMBER NINE OF THE FRPA PLAN GOALS PREVIOUS SUCCESSES THAT WE HAVE HAD IS THE CAPTAIN'S GALLEY RESTAURANT AT INDIAN RIVER DRIVE AND THE BLUEBIRD BISTRO THAT WE

[02:30:06]

>> SO NOT JUST THE ROOF . >> CORRECT . THE EVALUATION CRITERIA . THE ADVISORY COMMITTEE WILL BE REVIEWING THE APPLICATIONS RECEIVED. IT IS ASSIGNED 50 POINTS. THIS IS THE PROJECT ABILITY TO ENHANCE THE VISUAL APPEAL OF THE FRPA AND THAT WAS 50 POINTS THE TOTAL PROJECT INVESTMENT 25 POINTS.

THE HIGHER RATIO OF PRIVATE INVESTMENT VERSUS PUBLIC GRANT DOLLARS THE HIGHER THE SCORING WOULD BE. CREATIVITY WE ASSIGN 15 POINTS AND COMPATIBILITY WITH THE NEIGHBORHOOD ARCHITECTURAL STYLES AND SUSTAINABILITY AND LONGEVITY OF THE PROPOSED IMPROVEMENTS AND PUBLIC BENEFIT ASSIGNED 10 POINTS. IT NOT ONLY IMPROVES THE APPEARANCE OF COMMERCIAL PROPERTIES BUT A MEANINGFUL IMPACT FOR THE COMMUNITY AND THE GENERAL PUBLIC. THE APPLICATION REQUIREMENT. APPLICANTS WILL SUBMIT PHOTOS OF THE EXTERIOR OF THE PROPERTY AND REQUEST TWO WRITTEN ESTIMATES FROM LICENSED CONTRACTORS. THEY DO HAVE TO PROVIDE PROOF OF FUNDS TO FULLY FUND THE PROJECT. BE REQUIRED TO PROVIDE THE PROJECT TIME LINE AS WELL . THE APPLICATION PROCESS BUT WE WILL OPEN IT UP FOR APPLICATIONS FOR ABOUT TWO MONTHS FROM APRIL 17 THROUGH JUNE 17. WE WILL PRESENT THIS TO THE CRA ADVISORY COMMITTEE THAT MEETS EVERY 30 DAYS AND THE CRA ADVISORY COMMITTEE WILL EVALUATE THAT MEANT MAKE RECOMMENDATIONS THAT WE WILL BRING BEFORE YOU . THEN YOU WILL BE THE ONES TO MAKE THE FINAL DETERMINATION AND EXECUTE THESE GRANT AGREEMENTS.

THE OUTREACH , WE WILL SEND OUT SOCIAL MEDIA PRESS RELEASES AND POSTED ON THE CITY AND FRPA WEBSITES AND WE WILL CONTACT FORT PIERCE MAIN STREET AND OTHER ORGANIZATIONS TO RESTORE THE VILLAGE. THEY HAVE BEEN VERY A GREAT PARTNER WITH US, WITH OUR GRANT PROGRAMS AS WELL AS A DOWNTOWN BUSINESS ALLIANCE ON THE EMAIL BLAST TO THE BUSINESS AND WE WILL WORK WITH THE CHAMBER OF COMMERCE AND CONTINUE TO DO FRPA BILL INSERTS , AS WE HAVE DONE IN THE PAST AND I'M HAPPY TO ANSWER QUESTIONS YOU

MIGHT HAVE. >> IS SISTER A FRPA AREA AND ANY

OF THE FOUR FRPA AREAS? >> THAT IS CORRECT. WITHIN THE

DISTRICT . >> ANY BUSINESS ?

>> YES. >> QUESTIONS?

>> NOT TONIGHT , MADAM CHAIR, BUT IT IS SOMETHING WE NEED TO LOOK AT. I UNDERSTAND THIS GRANT AND I LOVE HOW WE GET CERTAIN BUSINESSES TO PARTICIPATE. WE NEED TO TAKE A LOOK AT THE REPAYMENT PART . PAIR FRONT-END PAYMENT PART . SOME BUSINESSES YOU ARE GOING TO GET THE SAME BUSINESSES COMPLAIN ALL THE TIME BECAUSE SOME BUSINESSES WILL LOVE TO GET THEIR FACADE DONE , BUT THEY CANNOT PAY IT UP FRONT . SO I DO NOT KNOW HOW WE CAN DO IT AND LOOK AT EVEN THE CHECKLIST . IF THEY HAVE EVERYTHING ELSE THAT THEY NEED TO DO BUT THEY CANNA PUT THE MONEY UP FRONT AND WE SEE THAT IT IS AN IDEAL PROJECT , THEN WE NEED TO LOOK AT THAT. JUST SOMETHING TO THINK ABOUT BECAUSE SOME OF THE BUSINESSES TAT I HAVE TALKED TO , THEY WOULD LOVE TO PARTICIPATE BUT THEY SAY CHAIRWOMAN HUDSON , I DO NOT

[02:35:01]

>> ONE SUBMIT REALLY NEED THE IMPROVEMENT .

>> EXACTLY . NOT TRYING TO BE IN THE LOAN BUSINESS OR WHATEVER BUT FOR THIS GRANT TO REALLY WORK AND FOR THE BUILDINGS WE REALLY WANT TO SEE FIXED, WE HAVE TO LOOK AND SEE IF THERE IS SOME KIND OF WAY THAT WE COULD DO IT BECAUSE TO ME THAT IS WHAT THE GRANT MEANS . YOU FOLLOW OUR RULES AND SUBMIT YOUR BUSINESS AND HAVE CONTRACTORS COMING INTO SHOWS HOW THE BUSINESS IS GOING TO LOOK AND WE GIVE THE MONEY TO THE CONTRACTORS THEN WE ARE DOING WHAT WE ARE SUPPOSED TO DO INSTEAD OF HAVING THEM SAY I WILL FIX THIS BY THE NEXT YEAR THAT PART . I'M NOT SAYING BUSINESSES ARE DOING THAT BUT IT COULD HAPPEN. I LOVE THE IDEA .

THAT IS SOME OF THE FEEDBACK THAT I'M GETTING THAT THEY DO NOT APPLY BECAUSE THEY CANNOT COME UP WITH WHATEVER THE CONTRACT IS AND THAT IS WHY I SAID TO GO BACK AND TALK TO THEM . IF THEY ARE WILLING TO TRY TO COME UP WITH SOMETHING WE SHOULD

LOOK AT THAT. >> BRAINSTORM AND COME UP WITH A PROGRAM . IF THEY SHOW THAT THEY CAN PAY HALF OF IT AND ARE SERIOUS ABOUT THEN MAYBE THEY GET THE OTHER HALF WHENEVER IT

IS COMPLETED . >> THAT IS ALL THAT I AM SAYING

. >> MADAM CHAIR, IF I COULD .

WE'VE BEEN RESEARCHING OTHER MUNICIPALITIES . IT IS IN THE PROCESS BUT WE WILL KEEP THIS PROGRAM BUT WE WILL ALSO LOOK FOR OTHER ALTERNATIVES TO DEFENDING THE FUNDING METHODS .

>> THAT MIGHT NOT JUST BE A LITTLE IMPROVEMENT BUT A BIG

IMPROVEMENT . >> AND POTENTIALLY THE BUILDINGS THAT IS WHERE THE WORST CONDITION OF THOSE WHO CANNOT AFFORD THE PROGRAM. THERE ARE SOLUTIONS HERE .

>> THAT IS ALL THAT I AM SAYING. NOT TONIGHT .

>> GREAT. DO YOU NEED APPROVAL FOR THIS ?

>> YES. IT IS A RESOLUTION. >> MADAM CHAIR, THAT IS FINE. AN THE MOTION TO APPROVE THE RESOLUTION .

>> I DO NOT GET TO ASK MY QUESTION .

>> I APOLOGIZE . >> YOU HAVE TO BE LIKE ME . YOU

JUST GOT TO ASK . >> HE IS HARD TO CONTROL. YOU ARE EASY . YOU NEED TO STEP UP HERE.

>> TALK TO ME ABOUT THE EVALUATION CRITERIA . I KNOW WE HAD CONVERSATIONS ABOUT THAT WITH THE LAST FEW THAT WE HAD APPROVED LIKE RANKING SYSTEM . I DIDN'T REALLY UNDERSTAND IT BECAUSE YOU EITHER I MEAN IT IS EITHER PART OF IT IT EITHER MEETS THE REQUIREMENTS ARE IT DOESN'T . SO WHAT IS THE POINT

OF THE POINT SYSTEM ? >> WHEN I PRESENTED THE CRA COMMITTEE I WILL DO A BETTER JOB EXPLAINING . YOU HAVE TO EVALUATE THESE AND ONLY THE ONES THAT THEY BELIEVE ARE SIGNIFICANT IMPROVEMENTS WILL COME BEFORE YOU . THEY WILL NOT BE PRESENTED TO YOU. IT WILL BE BASED ON SIGNIFICANT IMPROVEMENTS OR ELIMINATING BLIGHT .

>> ARE YOU ASKING HOW YOU GET 50 POINTS ?

>> RIGHT BUT I FEEL LIKE THE REQUIREMENTS AND THE ITEMS THAT WE SAY THAT WE WILL REIMBURSE I FEEL LIKE DETERMINING WHETHER THOSE ARE WORTHY OF 50 POINTS FEELS PRETTY SUBJECTIVE . IF WE

[02:40:03]

>> ARE YOU EXPECTING MORE THAN YOU CAN GIVE MONEY TO?

>> IN THE PAST , WE DID. WE HAD ABOUT 50 APPLICATIONS. AT THAT POINT, THEY WERE ALL COMPETING FOR THE SAME FUNDING . WE HAVE NOT HAD THAT SAME INTEREST IN THE PROGRAM BUT WE HAVE PLENTY OF FUNDING FOR THE PROGRAM FOR THIS NEXT ROUND OF APPLICATIONS.

>> DID YOU HAVE ANYTHING THAT YOU WOULD LIKE TO ADD?

>> I JUST WANTED TO EXTEND THE MEETING FURTHER . I JUST WANTED TO POINT OUT THAT THIS IS VERY SIMILAR TO HOW YOU DO A BID, AND WHEN YOU PUT OUT A BID, YOU HAVE THE BID COMMON AND ARE REVIEWING THE BASELINE FOR RESPONSIBLE BIDDER AND THEN COMPARING THEM TO EACH OTHER THROUGH THE EVALUATION COMMITTEE , WHICH WOULD ESSENTIALLY BE YOUR CRA AGENCY THAT WOULD BE THE EVALUATING COMMITTEE. THEY WILL MAKE RECOMMENDATIONS TO YOU ALL FOR WHO TO AWARD GRANT MONEY TO AND WHAT AMOUNT BECAUSE THERE IS NOT LIMITED FUNDS WITH THE TOTAL AMOUNT 300,000 OVER A YEAR-LONG PERIOD. AND SO THIS WOULD BE OPEN BACK UP AGAIN LATER ON AFTER THIS INITIAL TIME FRAME THAT IS IMPORTANT TO KEEP IN MIND . SIX MONTHS FROM NOW YOU MIGHT BE MISSING SOMEBODY ELSE THAT HAS NOW CAUGHT ON TO THE PROGRAM . IT IS VERY SIMILAR WITH HOW WE DO REGULAR PURCHASES AND EVALUATING YOUR HIGHEST

RANKED . >> AND I DO NOT SEE THIS AS A BID PROCESS BUT A GRANT PROCESS. YOU EITHER MEETS THE REQUIREMENTS OR YOU DO NOT . LIKE A FIRST COME, FIRST SERVED

TYPE THING . >> IF YOU DO THAT, YOU'RE GOING TO EXPEND ALL OF YOUR FUNDS IN THE BEGINNING.

>> I WOULD RATHER SEE THEM GET USED IT DIDN'T WE CARRYOVER SOME FUNDING FROM LAST YEAR IN GRANTS THAT WERE NOT USED?

>> YES . >> I DON'T KNOW. I THINK THAT WAS THE PROBLEM , I DO NOT KNOW. I DO NOT SEE THIS AS A BID

PROCESS . THIS IS A GRANT . >> OF THE BOARD DECISION IS TO CHANGE THE PROCESS WE WILL GO BACK AND MAKE A FIRST COME, FIRST SERVED AND EVERYONE WHO BIDS GETS MONEY. I WILL CAUTION YOU AGAINST WHAT I WOULD ANTICIPATE TO BE A LITTLE BIT OF CHAOS THAT WOULD CREATE FOR STAFF, ADVISORY BOARD AND FOR YOU ALL WITH JUST EVERY PERSON THAT COMES IN WE DOLE IT OUT IMMEDIATELY. PEOPLE AT THE END OF THE EUROPE LOOKING FOR WHERE THESE GROUNDS IF THEY HAVE BEEN EXPENDED IN THE BEGINNING .

>> I'M NOT GOING TO SPEAK FOR COMMISSIONER TAYLOR AND I DO NOT THINK THAT IS WHAT HE HAS BEEN SAYING THAT EVERYBODY WHO

APPLIES GET THE MONEY . >> IF THEY MEETS THAT BOTTOM

THRESHOLD . >> WE CAN GO AROUND FORT PIERCE AND WE ALL KNOW WE COULD CHECK OUT OF SOMEBODY'S ANY PROPERTY . NOT TELLING STAFF TO GO DO THAT, BUT WE CAN SEE. I THINK WHAT HE IS SAYING THIS HE SEES THIS GRANT THE WAY THAT I SEE IT WE ARE TRYING TO FIX BLIGHT IN THE CITY AND IF IT IS FOR THE FIRST SIX MONTHS UNTIL THE MONEY IS GONE, LINEUP NEXT TIME WHEN IT COMES BACK UP TO DO IT BECAUSE AT LEAST WE KNOW WHO GOT WHATEVER PROJECTS WE GAVE THAT MONEY TO WE KNOW THAT THEY ARE GOING TO BE FIXED. AND THEN IT'S GOING TO BE LOOKING LIKE WHATEVER THEY WERE LOOKING LIKE. I DO THINK THIS PROCESS IS GETTING A LITTLE COMPETITIVE TO ME . LET ME BACK UP . THE PURPOSE OF THIS IS TO CORRECT BLIGHT . AND I THINK WE NEED TO GET BACK TO TRYING TO JUST CORRECT IT AND MAKE IT EASY . HE CAN SPEAK FOR HIMSELF BUT I DON'T THINK HE WAS SAYING THAT

[02:45:02]

>> IT JUST FEELS LIKE WE ARE OUTLINING ALL OF THESE REQUIREMENTS TO RECEIVE THE MONEY BUT THEN WE ARE RANKING IT BASED ON COMPETITIVE CRITERIA . IT FEELS LIKE THOSE DO NOT MATCH

TOGETHER TO MAKE . >> COMMISSIONER BRODERICK WANTS

TO SPEAK. >> IF THIS WAS A COMPETITIVE PROCESS AND WE WOULD GO BY WHO WOULD BE THE MOST BENEFIT TO THE CITY BUT THEN WHY DO WE HAVE ALL OF THESE REQUIREMENTS?

>> ILLEGITIMATE ISSUE . >> IT WAS INTERESTING BECAUSE WE HAD ONE OF A DOZEN APPLICANTS COME THROUGH AND THEY WERE RANKED TO GIVE MONEY TO THE TOP THREE. THEY SAID WE WILL GIVE MONEY TO ALL OF THEM . I THINK WINTER GIVE ME NO MONEY TO EVERY APPLICANT ON THE LIST BECAUSE OF TRYING TO SPREAD THE WILL TO HAVE A LARGER IMPACT WITH THE DOLLARS. IT WAS VERY EFFECTIVE .

SIMILAR TO WHAT YOU ARE TALKING ABOUT, WE WERE LOOKING TO BE ALL-ENCOMPASSING VERSUS USING A RANKING SYSTEM TO SAY THIS PROPERTY OWNER IS A HIGHER PRIORITY THAN THIS ONE .

>> I'M NOT SAYING TO GET RID OF THE RANKING SYSTEM BUT TO JUST USE THAT TO, WELL, MAYBE THERE IS A WAY TO RECONVEY GRID WHERE THE ELIGIBILITY IS DETERMINED IN THE RANKING SYSTEM . SO IF THEY MEET A CERTAIN THRESHOLD THEY ARE ELIGIBLE AT THIS POINT . NOT NECESSARILY COMPARING THEM TO EACH OTHER BECAUSE THAT IS KIND OF HARD TO DO BIG NONE OF THESE ARE GOING TO BE THE SAME . THERE IS MANY FACTORS THAT ARE BEING CONSIDERED TO EVEN BEGIN TO RANK THEM BECAUSE EACH BOARD MEMBER AND EACH PERSON WILL HAVE A DIFFERENT PRIORITY AND WHAT THEY BELIEVE WOULD BE THE FAIR THING . I'M JUST TRYING TO GET THE CONFUSION OUT OF IT BECAUSE I

FEEL CONFUSED BY IT . >> MY EXPLANATION WHEN YOU BEEN WHAT CONFUSED YOU. MADAM CHAIR , CURRENTLY IF I AM WRONG , MIRIAM, BUT ARE YOU REALLY COMPARING THESE TWO GRANTS ? YOU ARE SCORING THIS ON ITS OWN SO DOES THE BOARD WANT A THRESHOLD MINIMUM TO SAY THAT IF YOU DO NOT HAVE 50 POINTS OR SOMETHING LIKE THAT WE WILL NOT AWARD THE GRANT ? OR ARE YOU ALL JUST SAYING WE DO NOT WANT THIS PROJECT COMPARED TO THIS PROJECT

? >> MR. JOHNSON WANTED TO SAY

SOMETHING. >> MADAM MAYOR, TO THE POINT OF COMMISSIONER BRODERICK, I DO THINK PART OF THE ISSUE HERE I SHOULD NOT SAY ISSUE BUT WHAT SHOULD BE CONSIDERED IS THE LEVEL OF VOLATILITY OF HOW MUCH THE CRITERIA HAS CHANGED FROM THE BOARD'S PERSPECTIVE. ADDING THE POINTS TO IT AS SARA WAS ALLUDING TO IS NOT COMPARABLE OF EACH POTENTIAL APPLICANT TO EACH OTHER BUT MORE SO ITS IMPACT IN THE SPECIFIC AREA AS IT PERTAINS TO BLIGHT ANDERSON WE COULD SAY IS WORSE . IS FOR THE BLIGHT IS CONCERNED . THIS IS A CRITICAL AREA . I THINK NO ONE WOULD DISAGREE IF THERE IS A SIGNIFICANT PROPERTY THAT WAS A CANDIDATE FOR BLIGHT REMEDIATION THAT . THEY WOULD PROBABLY GET 50 POINTS AS OPPOSED TO SOMEWHERE ELSE. WILL IT IS SUBJECTIVE IN NATURE IT IS ALL SUBJECTIVE. I THINK THAT WAS THE MAIN POINT BECAUSE IT GIVES THE TEAM THE ABILITY TO EVALUATE THE PROJECT ABILITY TO ENHANCE VISUAL APPEAL AND FRPA WOULD ELIMINATE BLIGHT OF THE BUILDING. IT WOULD GIVE THIS VARIANCE HOW IT WOULD DIRECTLY IMPACT THE GOAL FOR THIS PARTICULAR PROPERTY. NOT COMPARING ONE TO ANOTHER BUT WHERE THEY STAND WITH REGARD TO THE OVERALL MISSION OF THE

[02:50:03]

>> HE SAID IT WAY BETTER THAN ME. I KNOW WHAT YOU ARE SAYING , BUT I FEEL LIKE SOME PROJECTS ARE GOING TO BE, THIS IS REALLY GREAT, COMPARED TO OTHER PROJECTS THAT THAT IS AN IMPROVEMENT AND YOU HAVE SOME KIND OF MEASUREMENT FOR THAT . I DON'T KNOW. I DO NOT SEE ANY PROBLEM WITH IT. AND I THINK IT IS SUBJECTIVE . IF YOU HAVE SEVEN PEOPLE ON A COMMITTEE , I DO NOT THINK THEY SHOULD BE TOTALLY IDENTICAL . I THINK IT WOULD BE A GOOD THING TO HAVE SOME PEOPLE WEIGH THINGS DIFFERENTLY THAN OTHERS. NOTHING CAN BE PURELY WITHOUT SUBJECTIVE INPUT WHEN YOU HAVE HUMAN BEINGS INVOLVED .

>> THAT IS WHERE IT GETS COMPLICATED.

>> YOU ARE COMING FROM SOMEBODY WHO GETS POINTS ALL THE TIME OR

DOESN'T GET POINTS . >> IT REALLY OPENS UP A CAN OF WORMS TO MAKE THINGS VERY COMPLICATED AND CONFUSING BECAUSE EACH PERSON IS GOING TO HAVE THEIR OWN THING . I WOULD PREFER TO BE MORE DATA-DRIVEN . BUT IF IT IS FIXING BLIGHT WITHIN THE FRPA ZONE , THEN IT IS MEETING THE GOAL OF THE PROJECT. THAT FEELS AS SIMPLE AS IF YOU ARE FIXING SOMETHING THAT LOOKS LIKE CRAP, AND IT IS PART OF OUR MISSION , THEN YOU GET

THE MONEY TO DO IT. >> EACH APPLICATION IS A STAND ALONE. IT IS NOT A STAND ALONE. ULTIMATELY , THE ARBITER IS US .

AND THAT IS OUR JOB TO MAKE SURE THAT THE FUNDS ARE DEPLOYED IN ACCORDANCE WITH THE MISSION STATEMENT . THAT TRUMPS ALL

RATING SYSTEMS. >> YOU GUYS MAKE THE FINAL DECISION. EVEN IF THE EVALUATION COMMITTEE DECIDES WE ARE ONLY GIVING THIS PROJECT 10 POINTS OUT OF 100 COMPANIES TO HAVE THE ABILITY TO AWARD THAT . THAT IS THE FIRST COMMENT . THE SECOND IS AND LET'S GIVE AN EXAMPLE OF A PROJECT THAT LOOKS OKAY , BUT THEY WANTED TO CHANGE THEIR ROOF , AND THEY WANT TO CHANGE THEIR WINDOWS TO IMPACT WINDOWS OR WHATEVER . ELIGIBLE IN TERMS OF IMPROVEMENTS THAT WOULD BE A LOT BUT NOT NECESSARILY VISUAL IMPACT OR BLIGHT ELIMINATION. THAT IS WHERE THE SUBJECTIVITY COMES INTO PLACE WHERE WE ARE PUTTING SOME GUARDRAILS ON THE CITIZEN ADVISORY COMMITTEE TO GIVE THEM SOME GUIDANCE AS TO WHAT THEY SHOULD BE LOOKING AT AND MAKING SURE THAT THEY ARE ACHIEVING THE MISSION. THEY MIGHT BE ELIGIBLE AND HAVE THE BOUNDARY AND WHAT THEY ARE DOING IS ELIGIBLE BUT MAYBE WE NEED TO GO A STEP FURTHER . ALL THAT BEING SAID WE DO WANT TO SPEND THIS MONEY AND FIND ALTERNATIVE WAYS. I THINK WE SPOKE ABOUT THAT DURING THE COMMERCIAL SIGN PROGRAM BROUGHT UP BY COMMISSIONER TAYLOR . WAYS THAT WE COULD PAY THE CONTRACTOR DIRECTLY. I TOTALLY AGREE WITH EVERYONE'S POINT. WE ALSO REALLY WANT TO SPEND THIS MONEY AND NOT ADD MORE TO THE FUND BALANCE . THOSE ARE JUST TWO MINOR POINTS.

>> ENTERGY GIVING POINTS FOR THE DIFFERENT CATEGORIES BECAUSE THERE IS VISUAL IMPACT IN BLIGHT THAT IS REALLY IMPORTANT AND THAT IS THE FIRST GOAL AND THEN TOTAL PROJECT LIKE A 50,000

PROJECT DIFFERENT . >> $1000 FENCE .

>> SO THE SUBJECTIVITY IS ABOUT HOW IMPORTANT THEY MEET THE

CATEGORY . >> AND WE ACTUALLY HAVE SUBCATEGORIES UNDER EACH WHICH GOES TO YOUR POINT ABOUT LEGIBILITY AND MAKING IT. IF A PROJECT IS 26,000 OR 50,000 IT

[02:55:02]

GIVE IT TO ALL . >> ANTS DON'T WE GIVE DIFFERENT AMOUNTS EVEN THOUGH THEY ASK CERTAIN AMOUNTS ? DID WE CHANGE THE EMERALDS? SO WHAT WOULD MAKE YOU HAPPY, COMMISSIONER TAYLOR ?

>> I AM NOT UNHAPPY . I'M JUST TRYING TO GET A GRASP .

>> THAT IS A GOOD POINT TO HIS QUESTION . YOU WERE SAYING IT IS SUBJECTIVE , BUT TO HAVE GREATER LEVELS OF CLARITY THAT MAKE UP THESE 50 POINTS . THAT WAS TO YOUR POINT , COMMISSIONER TAYLOR . THEY ARE GIVING THEIR GROUP GREATER CLARIFICATION SO IT IS NOT QUITE AS SUBJECTIVE AS YOU MIGHT BE SAYING .

>> OKAY. I GUESS I CAN LIVE WITHOUT.

>> ARE YOU HAPPY NOW ARE YOU GIDDY WITH HAPPINESS?

>> YOU ARE NEVER GOING TO SEE ME GIDDY WITH HAPPINESS .

>> HE WOULD HAVE HEARTBURN AS HE DOES FREQUENTLY .

>> SOME FINAL POINT. I THINK THE TOTAL PROJECT INVESTMENT, AND I DO NOT KNOW WHAT STUCK OUT TO ME BECAUSE IF IT IS UNDER $10,000 THE COULD STILL BE LIKE 50 POINTS A VISUAL IMPACT AND STILL JUST AS DESERVING AND COULD BE JUST AS DRAMATIC OF A BLADE

ELIMINATION PROJECT. >> GOOD POINT .

>> $1000 TO FIX EVENTS COULD BE A BIG DIFFERENCE AND PAINTING DEFENSE COULD BE A BIG DIFFERENCE. I THINK THAT IS WHERE JUST KIND OF GOT THE TOTAL PROJECT INVESTMENT THAT FEELS LIKE WE ARE OUTRANKING THE PEOPLE WHO CANNOT AFFORD OR HAVE A SMALLER INVESTMENT NECESSARY TO BRING THEIR PROJECT UP TO ITS

FULL POTENTIAL. >> SO WOULD YOU BE HAPPIER WITH

MORE POINTS FOR THAT ? >> I DO NOT KNOW .

>> HE HAS NOT BEEN HERE WHEN IT COMES BACK IN FRONT OF US. SO YOU ARE GOING TO SEE EVERYTHING YOU ARE GOING TO SEE ALL OF THE

SUBMISSIONS . >> WHAT ARE WE DOING THE POINTS

FOR ? >> YOU SEE THE SUBMISSION AND AT THE MEETING USA WHAT ABOUT THIS ONE ?

>> AND IT IS REALLY ALMOST A GUIDE FOR YOUR CRA COMMITTEE AND IT IS THE VETTING PROCESS THAT STARTS.

>> YOU ARE RIGHT. I GOT TO KNOW . WHAT COMMISSIONER BRODERICK SAID WITH THE LAST TIME AND CAME THERE WAS LIKE BIG MONEY AND OTHER MONEY WE SAW THE ONES DOWN HERE AND WE ARE LIKE WAIT A MINUTE THAT IS WHAT WE DID SO YOU HAD THAT CHANCE .

>> I WANT THE MONEY SPENT. >> SO DO WE. WE ALL DO . WE DO NOT WANT ANYBODY ELIMINATED, IF THEY ARE ELIGIBLE.

>> WE WILL BRING THEM ALL TO YOU. EVERYONE . THAT IS IT.

>> AS LONG AS THEY MEET THE ELIGIBILITY.

>> THE REPORT BACK WAS WE HAD ANOTHER DOZEN BUT THEY DID NOT COMPLETE THE APPLICATION PROCESS CORRECTLY.

>> THERE WERE NONE IN THE FRPA AREA.

>> THERE WAS SOME DEFAULT POSITION THAT CAME INTO PLAY.

>> OKAY . THANK YOU . >> IT CAN BE ADJUSTED . THANK

YOU. >> HE IS HAPPY . HE IS GIDDY .

>> I WANT TO SEE HIM GIDDY. I THINK THAT WILL BE A WHILE . SO

ARE WE READY FOR A MOTION? >> I WILL MAKE THE MOTION .

MADAM CHAIR, A MOTION TO APPROVE 25-01.

>> SECOND . >> CALL THE ROLL, PLEASE.

[f. FPRA Resolution 25-05 appointing Patience Landers to the CRA Advisory Committee as Commissioner Gaines's appointee. ]

>> COMMISSIONER GAINES? >> YES.

>> COMMISSIONER TAYLOR? >> YES.

>> COMMISSIONER BRODERICK? >> YES.

>> NEXT WE HAVE THE RESOLUTION CERTIFIED THE APPOINTMENT OF

[03:00:06]

APPOINTEE. >> I SHARE A MOTION TO APPROVE .

>> >> CALL THE ROLL, PLEASE.

[g. FPRA Resolution 25-06 appointing two at-large positions to serve on the CRA Advisory Committee. ]

>> COMMISSIONER GAINES? >> YES.

>> COMMISSIONER TAYLOR? >> YES.

>> COMMISSIONER BRODERICK? >> YES.

>> OKAY. NEXT WE HAVE RESOLUTION 25-06 A DEPENDENT SPECIAL DISTRICT SO DIVINELY APPOINTED MEMBERS TO THE ADVISORY COMMITTEE AND PROVIDING FOR AN EFFECTIVE DATE AND THIS IS A RESOLUTION APPOINTING TWO AT-LARGE POSITIONS TO SERVE ON THE CRA ADVISORY COMMITTEE. AND THIS ONE YOU HAVE TO VOTE.

>> NOT BALLOTS LIKE LAST NIGHT ?

>> THEY WILL NOT BE AS DETAILED BUT YOU DO HAVE TO VOTE FOR TWO, SO THE ORDER IN WHICH YOU DO IT IS IMPORTANT BUT YOU CAN DO IT ON THE BALLOT .

>> I GOT TWO BALLOTS, SO I GET VOTE TWICE?

>> COMMONLY REFERRED TO AS STEPPING THE BALLOT BOX.

>> YOU CAN SEND THE BLANK ONE BACK.

>> OKAY . >> I WILL HAVE TO USE SOME OF JERROD SPECIAL PAPER. HE HAS SPECIAL BALLOT PAPERS SO THAT

YOU CANNOT COPY THE BALLOTS. >> ON MY COPY MACHINE THAT IS

UNDER THE COUNTER HERE >> THAT IS AN ANCIENT FAX MACHINE. ?

>> A LOT OF BALLOTS. >> YEAH. YEAH.

>> HERE IS A BLANK ONE. >> MADAM CHAIR, THANK YOU FOR MOVING F AND G UP EARLIER BECAUSE I WOULD NOT BE FEELING LISTENING RIGHT NOW TO A LONG DISCUSSION .

>> YOU ARE VERY WELCOME . >> THAT WAS A GOOD CALL ON THAT

ONE . >> ACTUALLY, MY FELLOW COMMISSIONERS HELPED ME , LIKE, WE CAN MOVE IT UP.

>> SAY NO MORE. >> I AM READY . SO COMMISSIONER BRODERICK VOTED FOR BRANDON NOBILE AND DOUG MILLER AND COMMISSIONER GAINES VOTED FOR BRANDON NOBILE AND LUCIAN LEWIS AND COMMISSIONER TAYLOR VOTED FOR BRANDON NOBILE AND DOUG MILLER AND CHAIRWOMAN HUDSON VOTED FOR BRANDON NOBILE AND DOUG MILLER SO THE TWO NEW APPOINTMENTS ARE BRANDON NOBILE AND DOUG MILLER . SO I WILL NEED A MOTION TO APPROVE THIS

RESOLUTION. >> MOTION .

>> APPROVED. >> SECOND.

>> CALL THE ROLL, PLEASE. >> COMMISSIONER GAINES?

>> YES. >> COMMISSIONER TAYLOR?

>> YES. >> COMMISSIONER BRODERICK?

>> YES. >> WE CAN MOVE ONTO STAFF

COMMENTS. >> MR. JOHNSON, DO YOU HAVE ANY

COMMENTS? >> NO.

>> MS. COX? >> I HAVE HAD MY FEEL FOR THE

[10. BOARD COMMENTS]

YEAR. >> YOU TALK MORE THAN ME.

>> WOW. >> NEXT WE HAVE BOARD COMMENTS .

>> I WILL START AND I WILL MAKE IT QUICK. FIRST UP, YOU HEARD THE DISCUSSION OF THE CENTER IS TODAY, MS. HEDGES . I AM GET INTO THE QUESTION ON THE FACADE PROGRAM. IS THE SUNRISE THEATER BUILDING ELIGIBLE TO APPLY FOR THAT ?

>> I DO NOT KNOW IF IT APPLIES .

>> IT IS BECAUSE WE OWN IT SO I DO NOT KNOW .

[03:05:04]

>> OKAY. THANK YOU FOR ANSWERING THAT . I HAVE A REQUEST UP COMMISSIONER TAYLOR . WE HAD THE ADVISORY BOARD MEETING FOR THE SUNRISE THEATER AND THE FOUNDATION WAS ALSO PRESENT.

THEY ARE ACTIVELY FUNDRAISING FOR A VARIETY OF THINGS. ONE OF THE THINGS IS THE FOUNDATION IT WANTS TO CONTINUE TO CONTRIBUTE IMPROVEMENTS TO THE THEATER. ONE OF THE THINGS THAT THEY ARE LOOKING AT DOING IN AN UPCOMING COME I'M NOT SURE WITH THE FUNDING FASHION WILL BE, BUT THEY WANT TO REDO THE SUNRISE THEATER SIGNING WITH ONE OF THOSE VIDEO DISPLAY SIGNS WE HAVE OUT FRONT HERE. IT IS A VERY EXPENSIVE UNDERTAKING. THE FIRST QUESTION WAS TO THE COMMISSIONER BECAUSE I BROUGHT UP THE FACT ABOUT THE TOURIST DEVELOPMENT FUNDS THAT YOU ARE WORKING TO SECURE. WITH THIS BE APPLICABLE TO THE SUNRISE THEATER AS WELL , IN YOUR MIND?

>> I WOULD SAY YES BECAUSE IT IS IMPROVEMENT.

>> COULD WE FINAL THIS THREE YOU ?

>> YES. >> OKAY. I AM PRECLUDED FROM SPEAKING WITH THE MANAGER BECAUSE OF SUNSHINE LAW

VIOLATION . >> NOT THE MANAGER. SHE IS NOT

ON THE BOARD . >> SHE IS NOT ON THE BOARD? SAID THAT SHE WANTS AND I WILL SPEAK WITH ATTORNEY HEDGES AND WE WILL COME BACK TO YOU TO SOLICIT YOUR HELP TO SEE .

>> THAT IS A GREAT IDEA . >> THERE IS ALREADY EARMARKED DOLLARS AND THE SUNRISE THEATER IS IN NEED OF MONEY TO DO THIS PROJECT. THE FOUNDATION WANTS TO PARTICIPATE IN OF WE CAN LEND SOME MONEY THROUGH THIS IT WOULD BE A HUGE HELP . I WILL SPEAK WITH MS. HEDGES ABOUT THIS TOMORROW AND SEE WHAT WE COULD DO TO STAY AWAY FROM ANY VIOLATIONS.

>> THE NUMBER ONE VISITED LOCATION IN ST. LUCIE COUNTY .

>> AND YOU OPEN THE DOOR TO THESE TYPES OF IMPROVEMENTS.

THAT WOULD BE PHENOMENAL IF WE COULD SCORE A BUNCH OF THIS FOR THE CITY . THAT WAS REALLY MY ONLY COMMENT FOR THE EVENING.

THANK YOU FOR THE HELP. WE WILL GET BACK TO YOU ON THAT.

>> I THINK WE HAVE A MEETING NEXT WEEK WITH TDC AND JUST TO GIVE AN UPDATE ON THAT , THEY HAVE UNOFFICIALLY GOTTEN APPROVAL FOR THE APPLICATION PROCESS MEMORIALIZING THAT TO MAKE IT FORMALIZED . SO WHEN WE DO THIS AGAIN , IT IS MORE OF A FORMAL PROCEDURE SO THAT WE COULD MAKE THE REQUEST . THERE HAS BEEN A LITTLE BIT OF PUSHBACK ON ANY TYPE OF REIMBURSEMENT . SO I AM CURRENTLY WORKING IT POLITICALLY , I WILL SAY JUST BECAUSE OF THE FACT THERE WAS NOT A PROCESS BUT BUT WE GOT HERE TO THIS POINT .

>> GOING FORWARD . >> AND I DO AGREE WITH THAT CRICKET DOESN'T NEED TO BE MORE OF A PROPOSAL TYPE PROJECT , BUT

I AM WORKING ON IT. >> IT IS CONTROLLED BY THE COUNTY COMMISSION SO WE NEED TO BUT THE ARM ON THE COUNTY COMMISSIONERS. I DO HAVE LUNCH WITH THEM THE DAY AFTER TOMORROW. I'LL MAKE THAT ATTEMPT.

>> I AM MAKING PHONE CALLS. >> ALL RIGHT. WE WILL SEE WHAT

HAPPENS . >> LET ME KNOW HOW I CAN HELP .

>> SO THE TDC IS AMENABLE BUT HAD TO TAKE IT TO THE BOARD?

>> BE TDC IS NOT VOTED ON IT YET . IT HAS BEEN STAFF REVIEWING THE APPLICATION PROCESS AND INCLUDING WHAT THEY WANT TO INCLUDE ON IT. I'VE NOT SEEN IT . IT HAS JUST BEEN MOVING IN THE APPLICATION PROCESS . IT WAS NOTED WE DO NOT WANT TO DO

REIMBURSEMENTS . >> BUT WE STILL HAVE AND ASK COMING IT FOR MY MONEY SO WORST-CASE SCENARIO IT WOULD BE

ELIGIBLE . >> OKAY. ANYONE ELSE ON THE

BOARD ? >> I WOULD JUST LIKE TO THANK THE STAFF FOR SITTING THROUGH THIS LONG MEETING WITH US YOU DO A GREAT JOB AND THANK YOU FOR SITTING HERE. I HOPE WE HAVE NOT SCARED THE MAGISTRATE FROM THESE LAST TWO LONG MEETINGS AND HE IS WATCHING US WORK FOR THE RESIDENTS OF THE CITY OF FORT PIERCE AND I JUST WANT TO SAY THANK YOU FOR YOU DO .

>> AND THANK YOU FOR THE GREAT REPORT, THE MARCH 31 REPORT . WE

[03:10:03]

THANK YOU VERY MUCH, EVERYBODY . ANYBODY ELSE WANT TO SPEAK? COMMISSIONER TAYLOR ? ANY COMMENTS

* This transcript was compiled from uncorrected Closed Captioning.