RCITY OF SATELLITE BEACH

COMMUNITY REDEVELOPMENT AGENCY FEBRUARY 6, 2019

REGULAR MEETING

6:00 P.M.

Posted: 02/01/19

Pursuant to Section 286.0105, FSS, if an individual decides to appeal any decision made by the Community Redevelopment Agency with respect to any matter considered at this meeting, a verbatim transcript of the proceedings may be required and the individual may need to ensure that a verbatim transcript of the proceedings Is made. In accordance with the Americans with Disabilities Act and Section 286.26, FSS, persons with disabilities needing special accommodation to participate in this meeting should contact the City Clerk’s office.

AGENDA COMMUNITY REDEVELOPMENT AGENCY REGULAR MEETING SATELLITE BEACH COUNCIL CHAMBER 565 CASSIA BOULEVARD, SATELLITE BEACH, FL 32937 FEBRUARY 6, 2019 6:00 P.M. 1. CALL TO ORDER BY CHAIRMAN CATINO 2. MOMENT OF SILENCE AND PLEDGE OF ALLEGIANCE BY MEMBER GIBSON 3. CITIZEN COMMENTS 4. MEMBER COMMENTS 5. EXECUTIVE DIRECTOR REPORT 6. DISCUSS/TAKE ACTION ON FY 17/18 COMMUNITY REDEVELOPMENT AGENCY ANNUAL

REPORT 7. ADOPTION OF MINUTES: NOVEMBER 7, 2018, REGULAR MEETING JANUARY 16, 2019, SPECIAL MEETING 8. ADJOURNMENT

NEXT MEETING: MAY 1, 2019

CRA-EXECUTIVE DIRECTOR FORM 001

COMMUNITY REDEVELOPMENT AGENCY AGENDA ITEM #6

DISCUSS/TAKE ACTION ON FY 2017/2018 COMMUNITY REDEVELOPMENT AGENCY ANNUAL REPORT To: Executive Director Courtney Barker, AICP

From: CRA Administrator John Stone

Meeting Date: 2/6/2018

Department: Community Development

Recommended Action: Recommend to approve and to send the FY 2017/2018 CRA Annual Report to the taxing authorities. Summary: FS 163.356(3)(c), Florida Statutes: The governing body of the county or municipality shall designate a chair and vice chair from among the commissioners…An agency authorized to transact business and exercise powers under this part shall file with the governing body, on or before March 31 of each year, a report of its activities for the preceding fiscal year, which report shall include a complete financial statement setting forth its assets, liabilities, income, and operating expenses as of the end of such fiscal year. At the time of filing the report, the agency shall publish in a newspaper of general circulation in the community a notice to the effect that such report has been filed with the county or municipality and that the report is available for inspection during business hours in the office of the city or county commission and in the office of the agency. Budget Impacts: None. Attachments: • FY 2017/2018 CRA Annual Report

Pelican Beach Park

City of Satellite Beach Community Redevelopment Agency

Annual Report

FY 2017/2018

Page 2 of 9

TABLE OF CONTENTS

I. INTRODUCTION, MISSION AND OVERVIEW:

II. BOARD MEMBERS AND STAFF

III. BOUNDARY LINES:

IV. HISTORY a. Creation Date b. Plan Amendments c. Applicable Resolutions(s) and Ordinances

V. PROJECTS OVERVIEW

VI. FINANCIAL REPORTS

a. Balance Sheet b. Statement of Revenues, Expenditures & Changes in Fund Balances c. Summary of Projects, Grants and Debt

VII. PERFORMANCE INFORMATION

a. Total projects started, completed and estimated cost for each project b. Number of jobs created and sector of the economy from which these

jobs were created within the CRA c. Number of jobs retained within the CRA d. Assessed property values when CRA was enacted vs. current

assessed property values e. Total amount expended for affordable housing

VIII. ADDITIONAL ANNUAL REPORTING REQUIREMENTS

a. Provide the Board of County Commissioners with the CRA’s proposed budget for the upcoming fiscal year, 60 days prior to the beginning of the fiscal year

b. Provide the Board of County Commissioners any budget amendments to its operating budget within 10 days after the adoption by the CRA.

Page 3 of 9

I. COMMUNITY REDEVELOPMENT AGENCY INTRODUCTION

In partnership with Brevard County, the City of Satellite Beach created the CRA in 2002 to address aging conditions and outdated lot and access patterns along the City’s commercial corridors. Since then, the CRA has completed the following in the Redevelopment District: beach access, park, and roadway projects; façade grant improvements; community policing initiatives; and land acquisition. The Community Redevelopment Plan was most recently amended September 20, 2017 by Ordinance No. 1142 to complete all remaining CRA projects by FY 2018/2019

II. BOARD MEMBERS AND STAFF

CRA Members

Frank Catino, Chairman

Dominick Montanaro, Vice Chair

Mark Brimer

Mindy Gibson

Steve Osmer

CRA Staff

Courtney H. Barker, AICP, Executive Director

Clifford Shepard, P.A, General Counsel

John Stone, Administrator

Leonor Olexa, City Clerk

Page 4 of 9

III. CRA BOUNDARY LINES (yellow)

Satellite Beach Community Redevelopment District

Page 5 of 9

IV. HISTORY a. Creation Date: June 26, 2002 Ordinance No. 836

The Brevard County Commission adopted Resolution 02-136 on May 21, 2002 delegating to the City of Satellite Beach the authority to create and operate a Community Redevelopment Agency (CRA) pursuant to Florida Statute 163.410

b. Plan Amendments Dates: 9/17/14 Ord 1097, 2/17/16 Ord 1115, 9/20/17 Ord 1142

c. Applicable Resolution(s) and Ordinances 1. Brevard County Resolution 02-137 – Conveying Authority 2. SB Resolution 755 – Recognizing Blight Condition Area 3. SB Ord. No. 836 – Sat Bch CRA established 4. SB Ord. No. 837 – Creating CRA Trust Fund, TIF revenue

provisions 5. SB Ord. No. 849 – Creating CRA Advisory Board

V. PROJECTS OVERVIEW FY 2017/2018

The following projects were undertaken in FY 2016/2017, with completions expected in fiscal year 2017/2018:

• Civic Center Renovations: The Civic Center is a meeting place for numerous local community-based groups and functions to include the 55+ Club, renovations will include ADA accessible bathrooms and interior finishes to update the 1960 area meeting spaces. Preliminary engineering and concepts began in FY 2016/2017 with substantial completion of phase 1 in FY2017/2018 and project completion of phase II anticipated for next fiscal year.

• FDOT SRA1A Resurfacing Project. Florida Department of Transportation (FDOT) announced its FY 2015/2016 SRA1A resurfacing project from SR404 (Pineda Causeway) to SR192 (New Haven Avenue), which includes the full SRA1A corridor in Satellite Beach. Through a series of 13 public meetings, a traffic-safety conceptual engineering plan was created to request the following additional improvements in the project: additional sidewalks, mid-block crossings to beach accesses to provide pedestrian refuges on SRA1A, SCAT bus shelters, and galvanized mast arms to replace concrete strand pole signalization. The FDOT project start date of August 2016 has yielded several conceptual-plan goals and Complete Street principles (designing roads for multi-modal transportation). The

Page 6 of 9

project was substantially completed in FY2017/2018. The remaining work related to this project that will be taken on by the CRA is the streetscape and landscaping of the medians. Engineering is 90% complete with project kick-off scheduled for FY2018/2019 with a 6 month completion target.

• Community Redevelopment Plan Amendment On September 20, 2017 by Ordinance No. 1142 the Community Redevelopment Plan was amended to complete all remaining CRA projects by FY 2018/2019. After those projects are completed, the CRA will reduce its focus to maintaining CRA assets, long-term debt-service obligations, and operational expenses. Funds which are in excess of these needs will be sent back to the taxing authorities.

Page 7 of 9 VI.

FINA

NC

IAL R

EPOR

TS:

Financial Statements and B

alance Sheet (unaudited)

[continued on next page]

AssetsCash and Equivalents

744,575$

Investments

114,439$

Prepaid Expense-

$ Total Assets

859,014$

LiabilitiesAccounts Payable

38,325$

Due to O

ther Funds215,755

$ D

ue to Other G

overnments

-$

Total Liabilities254,080

$

Reserves/BalancesFund Balance - Reserves

357,707$

Change in Fund Balance247,227

$ Total Reserves/Balances

604,934$ 859,014$

Total Liabilities & Reserves

FY 2017/2018 CRA Financial Statement

City of Satellite Beach Comm

unity Redevelopment Agency

Balance Sheet

a + - -

- - -

a < - -

a <

-

-

Page 8 of 9

Original Budget Final Budget ActualRevenues

Taxes (County Portion) 602,894$ 574,138$ 574,138$ Interest 2,500$ 3,938$ 3,938$

Other Miscellaneous RevenuesFund Balance Transfer InTransfer from General Fund (TIF) 1,161,755$ 1,161,755$ 1,161,755$

Total Revenues 1,767,149$ 1,739,831$ 1,739,831$

ExpendituresOperating Expenses:

Legal Services 10,000$ 13,993$ 13,993$ Travel-Business Trips 2,000$ -$ -$ Façade Grant Program 75,000$ -$ -$ Banking Fees 4,500$ 36$ 36$ Operating Supplies 2,000$ -$ -$ Tuition, Membership, & Publications 1,600$ 200$ 200$

Total: 95,100$ 14,229$ 14,229$

Non-Operating Expenses:Interfund Memo of Understanding 210,008$ 210,008$ 210,008$ ILA with Brevard Co. for TIF Refund 142,564$ 142,564$ 142,564$ Brevard Co. Excess TIF Refund 105,415$ 116,176$ 116,176$ Transfer to General Fund - TIF Refund 185,779$ 217,727$ 217,727$ Transfer to General Fund - Excess 259,506$ 215,755$ 215,755$

Total: 903,272$ 902,230$ 902,230$

Debt Service:CRA Line of Credit - Prinicpal 326,800$ 326,800$ 326,800$ CRA Line of Credit - Interest 166,977$ 146,572$ 146,572$

Total: 493,777$ 473,372$ 473,372$

Capital Outlay:Master A1A Streetscape -$ -$ -$ Civic Center Renovations 275,000$ 218,948$ 218,948$

Total: 275,000$ 218,948$ 218,948$

Total Expenditures: 1,767,149$ 1,608,779$ 1,608,779$

Net Effect for Fund Type Special Revenue -$ 131,052$ 131,052$

Note: Unaudited Financial Statements

Income Statement

f f f f

I I I I

I I I I t t t t

Page 9 of 9

VI. FINANCIAL REPORTS CON’T

c. Summary of Projects, Grants and Debt

Summary of Projects

Civic Center Renovations

Grants

None

Debt

CRA Line of Credit with Bank of America

VII. PERFORMANCE INFORMATION

a. Total projects started, completed and estimate cost for each project • The Civic Center Project Phase 1 was started in Fiscal Year 2017

and was 95% completed in Fiscal Year 2018 with one payment made in Fiscal Year 2019 to complete Phase 1.

b. Number of jobs created and sector of the economy from which these jobs

were created within the CRA • No created jobs were reported to the CRA.

c. Number of jobs retained within the CRA

• No retained jobs were reported to the CRA.

d. Assessed property values when CRA was enacted vs. current assessed property values

• Based on the Certified Tax Taxable Value DR-420TIF, the base year taxable value for 2001 was $124,686,190. The taxable value for 2017 was $288,505,225.

e. Total amount expended for affordable housing • No funds were expended for affordable housing.

COMMUNITY REDEVELOPMENT AGENCY REGULAR MEETING MINUTES

NOVEMBER 7, 2018

Pursuant to public notice, Chairman Frank Catino convened a regular meeting of the Community Redevelopment Agency on Wednesday, November 7, 2018, at 6:00 p.m., in the Council Chamber. Members present were Chairman Frank Catino, Vice-Chairman Dominick Montanaro, Mark Brimer, Mindy Gibson, and Steve Osmer. Also present were Executive Director Courtney Barker, CRA Attorney Drew Smith, and City Clerk Leonor Olexa. Member Osmer led a moment of silence and the Pledge of Allegiance. (TIME: 6:01 P.M.) CITIZEN COMMENTS None. (TIME: 6:01 P.M.) MEMBER COMMENTS None. (TIME: 6:02 P.M.) EXECUTIVE DIRECTOR REPORT None. (TIME: 6:02 P.M.) DISCUSS/TAKE ACTION ON REVISED CONCEPTUAL SITE PLAN FOR DOUBLES HOAGIES, INC. FOR THE CRA PROPERTY LOCATED AT 1604 AND 1612 HIGHWAY A1A CRA Administrator John Stone informed that the buyers of the property brought in a revised concept plan. Nothing has changed on the site plan itself, they refined the design and style, and adjusted the square footage of the building only. The roof has changed slightly to accommodate the solar panels. The Mulvehill’s were not completely happy with the original design; they have now spent more time in the details and getting it to the way they wanted. Corey Runte, Preconstruction Manager for Certified General Contractor, Jake and Katie Mulvehill, owners of Doubles Hoagies, Inc. presented the new design for the restaurant. The package requested a clarification on the solar panels. We were able to fit the max number of solar panels for 25% of the building’s power usage, therefore the proposed roofing plan now shows the solar panels. Another change was a code requirement for the pitched roof, so it was switched to a key west style. The square footage was reduced from 5200sq to 4500sq due to the project being overbudget. The site plans will be submitted for permitting next Friday, and we are on track to have the building permit package submitted by December 1 to meet the closing date. Drawings of the outside façade were provided. There is currently no budget for the solar system, however, it will be in place by the five-year deadline. The building is being designed with it, and if the project comes in underbudget it will be added during the build. Mayor Catino inquired on the time frames against the holidays and change in meeting dates. Council is not needed for closing. ACTION: Dominick Montanaro MOVED, SECOND by Mindy Gibson, to accept the revised conceptual site plan for Double’s Hoagies. VOTE: ALL YES. MOTION CARRIED. (TIME: 6:13 P.M.) DISCUSS/TAKE ACTION ON CANCELLING THE AVAILABLE BUT UNUSED FUNDING UNDER THE EXISTING SATELLITE BEACH COMMUNITY REDEVELOPMENT AGENCY VARIABLE RATE TAX INCREMENT REVENUE NOTE, SERIES 2006

COMMUNITY REDEVELOPMENT AGENCY MINUTES PAGE 2 November 7, 2018 Regular Meeting Assistant City Manager Suzanne Sherman provided a brief overview on the bank note and the funding not being used. Bank of America has reached out to us inquiring about our intentions to use the available funding. With the City getting ready to close down the CRA projects there is no need to use the funds. We are just paying down the existing loan as it stands with no other intentions of taking on additional debt, therefore we would be reducing the available balance. Mayor Catino asked if it should be closed down now or at the end of the CRA cycle. What happens if something comes up. Executive Director Barker clarified that we have an agreement with the County to not take on anymore debt. If we use the available funds, it would be taking on additional debt. (TIME: 6:14 P.M.) The following Satellite Beach resident addressed the Agency: David Schechter. Inquired about projects still on the list. The Jackson streetscape has been moved out of the CRA and will be funded by the TPO Capital Assets Fund, however; the Civic Center and A1A street scape are still planned under the CRA. ACTION: Mindy Gibson MOVED, SECOND by Steve Osmer, to authorize the Executive Director/City Manager to permanently cancel any unused availability under the Satellite Beach Community Redevelopment Agency Variable Rate Tax Increment Revenue Note, Series 2006. VOTE: ALL YES. MOTION CARRIED. (TIME: 6:16 P.M.) DISCUSS/TAKE ACTION ON CRA RESOLUTION NO.21, A RESOLUTION OF THE CITY OF SATELLITE BEACH COMMUNITY REDEVELOMENT AGENCY, BREVARD COUNTY, FLORIDA, AMENDING THE FISCAL YEAR 2017/2018 CRA BUDGET RESOLUTION NO. 17; SAID RESOLUTION WAS PREVIOUSLY AMENDED BY CRA RESOLUTION NO. 19; AND PROVIDING AN EFFECTIVE DATE CRA Attorney Smith read CRA Resolution No.21. Comptroller Brittany Jumper provided a brief overview of the budget including the dollar amounts provided in the packet memo. Mayor Catino asked if when the air conditioning at the Civic Center went out did it come out of the CRA budget. No, CRA funds cannot be used for maintenance. Chairman Catino asked for public comment; there were no comments. ACTION: Dominick Montanaro MOVED, SECOND by Steve Osmer, to adopt CRA Resolution No. 21 amending the FY 17/18 CRA Budget. VOTE: ALL YES. MOTION CARRIED (TIME: 6:18 P.M.) ADOPTION OF MINUTES: OCTOBER 3, 2018, REGULAR MEETING ACTION: Steve Osmer MOVED, SECOND by Mindy Gibson, to approve the minutes as submitted. VOTE: ALL YES. MOTION CARRIED. ADJOURNMENT Chairman Catino adjourned the meeting at 6:19 p.m. Grace DeRosa Administrative Assistant

COMMUNITY REDEVELOPMENT AGENCY SPECIAL MEETING MINUTES

JANUARY 16, 2019

Pursuant to public notice, Chairman Frank Catino convened a special meeting of the Community Redevelopment Agency on Wednesday, January 16, 2019, at 7:00 p.m., in the Council Chamber. Members present were Chairman Frank Catino, Vice-Chairman Dominick Montanaro, Mark Brimer, Mindy Gibson, and Jodi Rozycki. Also present were Executive Director Courtney Barker, CRA Attorney Jacob Schumer, and Executive Assistant Julie Finch. (TIME: 7:00 P.M.) CITIZEN COMMENTS None. (TIME: 7:00 P.M.) MEMBER COMMENTS None. (TIME: 7:00 P.M.) DISCUSS/TAKE ACTION ON EXTENSION OF DOUBLES CONTRACT Mayor Catino asked if it would be better to make this extension for 60 days instead of the 45, in order to prevent having to meet again. The Board discussed the length of the extension needed due to the government shutdown. Mayor Catino expressed concern with the property being off the market for so long and although we want Doubles to locate there, he does not wish to continue extending the contract indefinitely. ACTION: Dominick Montanaro MOVED, SECOND by Mindy Gibson, to approve a 90-day extension of sales contract for the Peg Legs property. VOTE: ALL YES. MOTION CARRIED. NEXT MEETING: FEBRUARY 6, 2019 ADJOURNMENT Chairman Catino adjourned the meeting at 7:04 p.m. Grace DeRosa Administrative Assistant