Finance Committee

City of Jacksonville 117 W Duval St Jacksonville, FL 32202 Agenda - Revised Marked Tuesday, April 6, 2021 9:30 AM Council Chambers 1st Floor, City Hall & Virtual Finance Committee Matt Carlucci, Chair Randy DeFoor, Vice Chair LeAnna Cumber Garrett Dennis Joyce Morgan Brenda Priestly Jackson Ron Salem, Pharm. D. Legislative Assistant: Ladayija Nichols Legislative Assistant: Crystal Shemwell Council Auditor: Kim Taylor Asst. Council Auditor: Phillip Peterson Chief of Research: Jeff Clements Deputy General Counsel: Peggy Sidman Administration: Rachel Zimmer Finance Committee Agenda - Revised Marked April 6, 2021 If a person decides to appeal any decision made by the Council with respect to any matter considered at such meeting, such person will need a record of the proceedings, and for such purposes, such person may need to ensure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based. MEETING TIME: 9:30 A.M. – 1:00 P.M. Physical Location: Council Chambers City Hall 117 W. Duval Street Jacksonville, Florida 32202 (If attending virtually, please join the meeting by 9:15 A.M.) Meeting ID: 918 6754 3150 Meeting Password: 48267 Council Members, City staff and the public may attend the meeting at the physical location-Council Chambers, but CDC guidelines will be adhered to due to COVID-19. A mandatory mask requirement is in place for all public buildings pursuant to the COJ Emergency Executive Proclamation 2020-005, as extended. The public will be encouraged to share general comments with individual council members by email or telephone. Public hearings and public participation are required by state statute for specific legislation. We will conduct these hearings as required by state law. CCMeeting04132021@coj.net is the designated email for general comments to be included as a part of this meeting. Meeting Convened: Meeting Adjourned: Update on comprehensive annual financial report Council Auditor Kim Taylor to discuss: • Report #749B: Follow-up on JTA Accounts Payable Audit • Report #778B: Follow-up on JAA Payroll Audit • Report #805A: Follow-up on Building Inspection Division Audit • Report #808A: Follow-up on Communication Tower Audit • Report #812A: Follow-up on Landfill Contract Audit Attendance: Item/File No. Title History Page 1 of 20 Finance Committee Agenda - Revised Marked April 6, 2021 1. 2020-0559 ORD-MC Creating a New Chapt 797 (Local Option Vessel Registration DEFER Fee), Ord Code, Adopting the Local Option Vessel Registration Fee Permitted by State Law; Setting Effective Date of New Local Option At request of Vessel Registration Fee as 1/1/21; Directing the Chief of Legislative CM Dennis Svcs to Forward a Copy of the Ord Upon Enactment to the Tax Collector & to the Mayors of Baldwin, Atlantic Beach, Jax Beach & Neptune Beach; Directing the Tax Collector to Notify the State of Imposition of the New Local Option Vessel Registration Fee. (Johnston) (Introduced by CM Dennis) 9/8/20 CO Introduced: NCSPHS, TEU, F, R, JWC 9/14/20 NCSPHS Read 2nd & Rerefer 9/14/20 TEU Read 2nd & Rerefer 9/15/20 F Read 2nd & Rerefer 9/15/20 R Read 2nd & Rerefer 9/22/20 CO PH Read 2nd & Rereferred: NCSPHS, TEU, F, R, JWC 10/28/20 JWC Approve 1-7 (Fail) (Birtalan, Haskell, Burnett, Devereaux, Hardesty, Ferraro, White) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 9/22/20 2. 2020-0620 ORD-MC Creating a New Part 1 Possession of Twenty Grams or Less DEFER of Cannabis or Paraphernalia), Chapt 606 (Drugs), Ord Code, to Create A Civil Citation Within the City of Jax Ord. Code for Possession of 20 At request of Grams or Less of Cannabis or Paraphernalia; Amending Sec. 609.109 CM Dennis (Applicable Chapters and Parts), Chapt. 609, (Code Enforcement Citations), Ord. Code, to Establish New Class Fines in Schedule “A” for Violations of Part 1, Chapt. 609 (Code Enforcement Citations), Ord Code, to Establish New Class of Fines in Schedule “A” for Violations of Part 1 (Possession of 20 Grams or Less of Cannabis or Paraphernalia), Chapt. 606 (Drugs), Ord. Code.Providing for Severability. (Johnston) (Introduced by CM Dennis) 10/13/20 CO Introduced: NCSPHS, F 10/19/20 NCSPHS Read 2nd & Rerefer 10/20/20 F Read 2nd & Rerefer 10/27/20 CO PH Read 2nd & Rereferred: NCSPHS, F Public Hearing Pursuant to Chapt. 166, F.S. & CR 3.601 – 10/27/20 Page 2 of 20 Finance Committee Agenda - Revised Marked April 6, 2021 3. 2021-0079 ORD Approp $1,037,130.00 from FEMA through the State of FL Div of DEFER Emergency Mgmt. Under the Hazard Mitigation Assistance Grant Prog. to Fund the Acquisition & Installation of 7 Permanent Generators at 7 At request of Storm Water Pump Station Sites within Duval Cty, Amending the the Administration 2021-2025 5 Yr CIP Apvd by Ord 2020-505-E to Purchase & Install Permanent Emergency Generators at the Following Locations: Hillman Dr., Myrtle Ave., Hilly Rd., Bradley Rd., Jessie St., McGrits Creek Park/Lew Brantley & Sandalwood Canal; Providing for City Oversight by the Dept. of Public Works, Public Bldgs Div (B.T. 21-038) (Staffopoulos) (Req of Mayor) 2/9/2021 CO Introduced: NCSPHS, TEU, F 2/16/21 NCSPHS Read 2nd & Rerefer 2/16/21 TEU Read 2nd & Rerefer 2/17/21 F Read 2nd & Rerefer 2/23/21 CO PH Read 2nd & Rereferred: NCSPHS, TEU, F Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 2/23/21 4. 2021-0100 ORD Auth the Borrowing from the City’s Commercial Paper Facility DEFER and/or Issuance of Fixed-Rate Debt in the Max Amount of up to $100,000,000 to Provide Funding for the Wastewater System At request of Improvement Program; Approp $100,000,000 to the Water/Wastewater CP Hazouri System Fund; Amending 2020-504-E, the FY 20-21 Budget Ord, to Replace the Schedule B4 in Order to Allow for the “Water/Wastewater System Fund;” Amending the 2021-2025 5-Yr CIP Approved by Ord 2020-505-E to Provide Funding for the Project Entitled “Water/Wastewater System Fund;” Providing for Quarterly Reports to Council. (Sidman) (Introduced by CP Hazouri) (Co-Sponsored by CMs Carlucci, Pittman, DeFoor & Dennis) 2/23/21 CO Introduced: NCSPHS, TEU, F 3/1/21 NCSPHS Read 2nd & Rerefer 3/1/21 TEU Read 2nd & Rerefer 3/2/21 F Read 2nd & Rerefer 3/9/21 CO PH Read 2nd & Rereferred: NCSPHS, TEU, F Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601 – 3/9/21 Page 3 of 20 Finance Committee Agenda - Revised Marked April 6, 2021 5. 2021-0117 ORD-MC Repealing Chapt 24 (Finance & Admin Dept), Pt 6, Sec 24.604 (Office of the Ombudsman Functions) & Sec 24.605 (Equal Business Opportunity Office Functions), Ord Code; Creating a New Chapt 24 (Finance & Admin Dept), Pt 10 (Office of the Ombudsman) & Pt 11 (Equal Business Opportunity Division); Amend Chapt 24, Sec 24.603 (Duties of Chief of Procurement), Ord Code; Repealing Chapt 126 (Procurement Code), Pt 6A (Small Business Capital, Bonding & Outreach Prog.) & Pt 6B (Jax Small Emerging Business Prog.), Ord Code; Creating a New Chapt 126, Pt 6 (Jax Small Emerging Business Prog.), Subpt A (General Provisions), Subpt B (Prog. Admin.), Subpt C (Prog.Support Svcs.; Marketing & Outreach; Disparity Study Update), Subpt D (Prog.Eligibility, Procedures, & Other Requirements); Providing for Codification Instructions. (Hodges) (Co-Introduced by CMs Pittman, Freeman, Dennis,Morgan & Hazouri) 2/23/21 CO Introduced: F, R 3/2/21 F Read 2nd & Rerefer 3/2/21 R Read 2nd & Rerefer 3/9/21 CO PH Read 2nd & Rereferred: F, R 3/16/21 F Sub/Rerefer 7-0 3/16/21 R Sub(Finance)/Rerefer 6-0 3/23/21 CO Sub/Rereferred: F, R 18-0 Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601 – 3/9/21 • Provides for courtesy review of JSEB applications by the JSEB Administrator • Moves oversight of Access to Capital program from OED to JSEB Administrator • Repeals current guidelines for Access to Capital program and allows JSEB Administrator to establish new guidelines without further Council approval • Removes references to specific providers of training programs and allows EBO Office to procure third party contractors to implement education, training, and mentoring programs • Changes Risk Management’s review of insurance programs available for small businesses from every 2 years to every 6 months • Provides for an update to the 2013 disparity study, subject to availability of funds • Revises requirement for audited financial statements to financial statements prepared by a CPA • Changes recertification from annual to biennial (every 2 years) • Revises residency requirement for JSEB eligibility • Revises the personal net worth limit from $1,325,000 to $1,320,000 and no longer includes assets held by a spouse • Provides for development and implementation of a JSEB micro-business program • Reduces timeframe for which a JSEB may participate in the program from 15 to 9 years Page 4 of 20 Finance Committee Agenda - Revised Marked April 6, 2021 6. 2021-0141 ORD Approp a Total of $150,000 from Special Events – FL GA Game Contact: Contingency to the Authorized Capital Projects Fund (32111) to Provide CM Becton Funding for the Cordial Drive Water Proj. ($116,000 of Which is to Install Water Lines, Fire Hydrant & Meters in the R/W of Cordial Dr., in Dist-11, & $34,000 of Which is for the Customer-Side Connection Costs Done by a Professional, Licensed Plumber Selected by JEA through Competitive Bids; Providing for the Purpose; Providing for the Reverter of Funds; Providing for the Oversight by the Public Works Dept; Amending the 2021-2025 5-Yr CIP Apvd by Ord 2020-505-E to Auth the Proj Titled “Cordial Dr. Water Proj.” (Dist 11-Becton) (Johnston) (Introduced by CM Becton) (Co-Sponsor CM's Ferraro, R.Gaffney, Pittman,Newby, White,Freeman,Diamond & Carrico) 3/9/21 CO Introduced: NCSPHS,TEU, F 3/15/21 NCSPHS Read 2nd & Rerefer 3/15/21 TEU Read 2nd & Rerefer 3/16/21 F Read 2nd & Rerefer 3/23/21 CO PH Read 2nd & Rereferred: NCSPHS, TEU, F 4/5/21 NCSPHS Approve 7-0 4/5/21 TEU Approve 7-0 Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601 – 3/23/21 • The project will provide City water to at least 10 homes in the area. Additional funding would be needed to bring these homes on to the City sewer system. NOTE: Bills 2021-141, 2021-143, 2021-154, 2021-155, 2021-157, and 2021-184 all propose to use the same funding source. There is an insufficient amount of funds to cover all of the proposed appropriations. The proposed funding source (FL/GA Contingency) has an available balance of $1,873,733, while the proposals from these bills total $3,190,349.73. 7. 2021-0142 ORD-MC Amending Sec 123.107 (Exemptions), Part 1 (In General), AMEND Chapt 123 (Public Fees), Ord Code, to Add to the Exemptions a Park Admission Fees Exemption for Gold Star Families & an Administrative Contact: Process for Exempting Such Fees; Correcting Outdated References in CM Dennis Existing Sec 123.107. (Johnston) (Introduced by CM Dennis) (Co-Sponsor CMs White,Freeman,Diamond,Bowman,Becton,Pittman & Carrico) 3/9/21 CO Introduced: NCSPHS, F, R 3/15/21 NCSPHS Read 2nd & Rerefer 3/16/21 F Read 2nd & Rerefer 3/16/21 R Read 2nd & Rerefer 3/23/21 CO PH Read 2nd & Rereferred: NCSPHS, F, R 4/5/21 NCSPHS Amend/Approve 7-0 Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601 – 3/23/21 Page 5 of 20 Finance Committee Agenda - Revised Marked April 6, 2021 AMENDMENT 1. Clarify exemption is available to Duval County residents only 2. Correct scrivener’s errors 8. 2021-0143 ORD Approp $475,000 in Funds (A Transfer of $131,178 from Fair WITHDRAW Share Sector 4.2 Funds & $343,822 from Special Events – Florida Georgia Game Contingency) to Provide Funding for the Installation of a At request of Sidewalk on Collins Rd. from Pineverde to Matera Ave (Collins Road CM DeFoor Sidewalk Project); Amending the 2021-2025 5-Yr CIP Apvd by Ord 2020-505-E to Reduce Funding for the Project Entitled “Yacht Club Road – New Sidewalk” & Provide Funding for the Proj Entitled “Collins Road – New Sidewalk” (Johnston) (Introduced by CM DeFoor) 3/9/21 CO Introduced: NCSPHS, TEU, F 3/15/21 NCSPHS Read 2nd & Rerefer 3/15/21 TEU Read 2nd & Rerefer 3/16/21 F Read 2nd & Rerefer 3/23/21 CO PH Read 2nd & Rereferred: NCSPHS, TEU, F 4/5/21 NCSPHS Withdraw 7-0 4/5/21 TEU Withdraw 7-0 Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 3/23/21 9. 2021-0144 ORD Approp $2,000,000 from the Tree Protection & Related Expenses Contact: Trust Fund, Fund 15304, for the County-Wide “Remove and Replace” CM Salem Prog; Apv, & Req the Mayor, or His Designee, to Direct the Dept of Public Works to Administer the Program in Accordance w/the Criteria Herein Provided; Providing a Carryover of Funds into Subsequent FYs. (Grandin) (Introduced by CM Salem) 3/9/21 CO Introduced: NCSPHS, F 3/15/21 NCSPHS Read 2nd & Rerefer 3/16/21 F Read 2nd & Rerefer 3/23/21 CO PH Read 2nd & Rereferred: NCSPHS, F 4/5/21 NCSPHS Approve 7-0 Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 3/23/21 Page 6 of 20 Finance Committee Agenda - Revised Marked April 6, 2021 10. 2021-0147 ORD Approp $13,500.00 in Dept of Homeland Security (DHS)/Federal Scrivener's Emergency Mgmt Agency (FEMA) Emergency Food & Shelter Prog Phase 38 Pass-Through Grant Funding Distributed by United Way Contact: Worldwide to be Used for Emergency Rent, Mortgage & Utility Harrison Conyers Assistance for Eligible Duval County Veterans; Purpose of Approp; Providing for Oversight by the Military Affairs & Veterans Dept. (B.T. 21-051) (Staffopoulos) (Req of Mayor) 3/9/21 CO Introduced: NCSPHS, F 3/15/21 NCSPHS Read 2nd & Rerefer 3/16/21 F Read 2nd & Rerefer 3/23/21 CO PH Read 2nd & Rereferred: NCSPHS, F 4/5/21 NCSPHS Approve 6-0-1(Abstain - CM Pittman) Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 3/23/21 Scrivener’s 1. Pg. 2, line 10: correct spelling to “substitute” 2. Pg. 2, lines 12-13: correct oversight department name to Military Affairs and Veterans Department 11. 2021-0148 ORD Approp $110,196.28 for Final Design Engineering Plans & AMEND Specifications Svcs for the Replacement of Bridge #724039 on 5th St. Over Six Mile Creek (The “Proj”); Purpose of Approp; Amending the Contact: 2021-2025 Robin Smith 5-Yr CIP Apvd by Ord 2020-505-E to Provide Funding for the Proj; Providing for City Oversight by the Dept of Public Works, Engineering & Construction Mgmnt Div. (B.T. 21-050) (Staffopoulos) (Req of Mayor) 3/9/21 CO Introduced: NCSPHS,TEU, F 3/15/21 NCSPHS Read 2nd & Rerefer 3/15/21 TEU Read 2nd & Rerefer 3/16/21 F Read 2nd & Rerefer 3/23/21 CO PH Read 2nd & Rereferred: NCSPHS, TEU, F 4/5/21 NCSPHS Amend/Approve 7-0 4/5/21 TEU Amend/Approve 7-0 Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 3/23/21 AMENDMENT Attach revised Exhibit 2 (CIP) to include anticipated future year activity approved in the most recent CIP. • $400,000 was previously appropriated for the design and engineering of this project that is currently in progress. • Future construction costs are estimated at $1.4 million. Public Works intends to transfer the necessary funding from the Countywide Intersection Imp & Bridge Rehab – Bridges project in future legislation. Page 7 of 20 Finance Committee Agenda - Revised Marked April 6, 2021 12. 2021-0150 ORD Approp $152,039 to Pay for Design & Permitting Svcs for the AMEND Moncrief Rd. Pedestrian Bridge Elevation Proj (The “Proj”); Purpose of Approp; Amending the 2021-25 5-Yr CIP Apvd by Ord 2020-505-E to Contact: Provide Funding for the Proj; Providing for City Oversight by the Dept of Robin Smith Public Works, Engineering & Construction Mgmnt Div.(B.T. 21-048) (Staffopoulos) (Req of Mayor) 3/9/21 CO Introduced: NCSPHS,TEU, F 3/15/21 NCSPHS Read 2nd & Rerefer 3/15/21 TEU Read 2nd & Rerefer 3/16/21 F Read 2nd & Rerefer 3/23/21 CO PH Read 2nd & Rereferred: NCSPHS, TEU, F 4/5/21 NCSPHS Amend/Approve 7-0 4/5/21 TEU Amend/Approve 7-0 Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 3/23/21 AMENDMENT Attach revised Exhibit 2 (CIP) to include anticipated future year activity approved in the most recent CIP. • The project will include the construction of an elevated extension bridge to meet height requirements. • Future construction costs are estimated at $1.8 million. Public Works intends to transfer the necessary funding from the Countywide Intersection Imp & Bridge Rehab – Bridges project in future legislation. 13. 2021-0151 ORD Approp $54,000 in Anticipated Revenue from the Lease of a AMEND Portion of City-Owned Property Located at 7600 Bailey Body Rd, Jax, FL 32216 to Thompson Enterprises of Jax, LLC to be Used by the Contact: JFRD for the Purchase of Capital Firefighting Equipment; Purpose of Chief Powers Approp. (B.T. 21-039) (Staffopoulos) (Req of Mayor) 3/9/21 CO Introduced: NCSPHS, F 3/15/21 NCSPHS Read 2nd & Rerefer 3/16/21 F Read 2nd & Rerefer 3/23/21 CO PH Read 2nd & Rereferred: NCSPHS, F 4/5/21 NCSPHS Amend/Approve 7-0 Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 3/23/21 Page 8 of 20 Finance Committee Agenda - Revised Marked April 6, 2021 AMENDMENT 1. Revise appropriation to $50,467.32 to account for sales tax payable 2. Attach revised Exhibit 1 to correct appropriation amount on BT • The appropriation consists of monthly rental revenue on a lease of City-owned property purchased as the future location of the new Fire Station #65 • Of the total appropriation, $16,822.44 has been received to date (January – March 2021) • The remainder of the appropriation is expected to be received by the City before fiscal year end • The lease term ends 2/22/2027 but the tenant can terminate the lease at any time with 10 days prior written notice 14. 2021-0154 ORD Approp $75,000 in Funds from General Fund/General Svcs AMEND District-Special Events to General Fund/General Svcs-Public Works Office of the Director-Administration to Provide Funding for Renovations Contact: & Improvements of the Neptune Beach Sr Activity Ctr Located at 2004 CM Diamond Forest Ave; Providing for the Purpose; Providing for Reverter; Providing for Oversight. (Dist 13-Diamond) (Johnston) (Introduced by CM Diamond) (Co-Sponsor CMs Ferraro, Freeman, White & Pittman)) 3/9/21 CO Introduced: NCSPHS, F 3/15/21 NCSPHS Read 2nd & Rerefer 3/16/21 F Read 2nd & Rerefer 3/23/21 CO PH Read 2nd & Rereferred: NCSPHS, F 4/5/21 NCSPHS Amend/Approve 7-0 Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 3/23/21 AMENDMENT Clarify funding source is Special Events - Florida Georgia Game Contingency • The estimated total project is $650,000, with most of the funding coming from Neptune Beach and private donors. • City funds will be provided on a reimbursement basis. NOTE: Bills 2021-141, 2021-143, 2021-154, 2021-155, 2021-157, and 2021-184 all propose to use the same funding source. There is an insufficient amount of funds to cover all of the proposed appropriations. The proposed funding source (FL/GA Contingency) has an available balance of $1,873,733, while the proposals from these bills total $3,190,349.73. Page 9 of 20 Finance Committee Agenda - Revised Marked April 6, 2021 15. 2021-0155 ORD Approp $350,000 in Funds from General Fund/General Svcs AMEND District Special Events to General Fund/General Svcs District Equal Business Opportunity Office to Provide Funding for an Updated Contact: Multi-Jurisdictional Disparity Study; Providing for the Purpose; Providing CM Freeman for Carryover of Funds; Providing for Oversight by the Procurement Div. (Johnston) (Introduced by CM Freeman) (Co-Sponsors CM's Dennis & Pittman) 3/9/21 CO Introduced: NCSPHS, F 3/15/21 NCSPHS Read 2nd & Rerefer 3/16/21 F Read 2nd & Rerefer 3/23/21 CO PH Read 2nd & Rereferred: NCSPHS, F 4/5/21 NCSPHS Amend/Approve 7-0 Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 3/23/21 AMENDMENT 1. Clarify funding source is Special Events - Florida Georgia Game Contingency 2. Revise carryover to FY 22/23 NOTE: Bills 2021-141, 2021-143, 2021-154, 2021-155, 2021-157, and 2021-184 all propose to use the same funding source. There is an insufficient amount of funds to cover all of the proposed appropriations. The proposed funding source (FL/GA Contingency) has an available balance of $1,873,733, while the proposals from these bills total $3,190,349.73. 16. 2021-0157 ORD Approp $1,873,733 in Funds from Special Events – Florida NCSPHS Georgia Game Contingency – PSG to Provide Additional Funding for AMEND Public Service Grants in the 2021-22 FY; Providing for Carryover of Funds (Sidman) (Introduced by CM Carlucci) Contact: 3/9/21 CO Introduced: NCSPHS, F CM Carlucci 3/15/21 NCSPHS Read 2nd & Rerefer 3/16/21 F Read 2nd & Rerefer 3/23/21 CO PH Read 2nd & Rereferred: NCSPHS, F 4/5/21 NCSPHS Amend/Approve (6-0) Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601 – 3/23/21 Page 10 of 20 Finance Committee Agenda - Revised Marked April 6, 2021 NCSPHS AMENDMENT 1. Revise appropriation to $900,938.27 and split funding 50/50 between public service grants and sidewalk repair 2. Include whereas clause regarding sidewalk repair funding 3. Include CIP amendment for sidewalk repair funding and attach CIP sheet as new exhibit 4. Attach revised Exhibit 1 (BT) to reflect revised appropriation • Current year appropriations for public service grants is $2,941,196 NOTE: Bills 2021-141, 2021-143, 2021-154, 2021-155, 2021-157, and 2021-184 all propose to use the same funding source. There is an insufficient amount of funds to cover all of the proposed appropriations. The proposed funding source (FL/GA Contingency) has an available balance of $1,873,733, while the proposals from these bills total $3,190,349.73. 17. 2021-0159 ORD Making Certain Findings & Apv & Auth the Execution of an Scrivener's Economic Developmnt Agreemnt (“Agreement”) btwn COJ (“City”) & Thetokos Holdings, LLC (“Company”), to Support the Redevelopmnt of See Auditor a Vacant office Bldg into Approx 118 Market-Rate Housing Units Summary on Located Generally at 7820 Arlington Expressway, Jacksonville, FL pg. 17 (“Project”); Auth a 10 Yr, 75% Recapture Enhanced Value (REV) Grant of Not to Exceed $820,000; Apv & Auth the Execution of Documnts by Contact: the Mayor, or His Designee, & Corp Secretary; Auth Apvl of Technical Kirk Wendland Amendmnts by the Executive Director of the Office of Economic Development (“OED”); Providing for Oversight by the OED; Providing a Deadline for the Company to Execute the Agreemnt; Requesting a Waiver of the Public Investmnt Policy Adopted by Ord 2016-382-E, as Amended. (Sawyer) (Req of Mayor) 3/9/21 CO Introduced: F 3/16/21 F Read 2nd & Rerefer 3/23/21 CO PH Read 2nd & Rereferred: F Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601 – 3/23/21 Scrivener’s 1. Pg. 2, line 15 and pg. 3, line 27: bold “On File” 2. Pg. 6, line 22: correct spelling to “business” 3. Pg. 6, line 22: strike “or for job creation” Page 11 of 20 Finance Committee Agenda - Revised Marked April 6, 2021 18. 2021-0176 ORD Apv & Auth the Mayor, or His Designee, & Corp Secretary to 2nd Execute & Deliver That Certain Purchase & Sale Agreemnt (The “Agreemnt”) btwn the City of Jax & First Coast Land Developmnt, Inc. & All Closing Documents Relating Thereto, & Otherwise Take All Necessary Action to Effectuate the Purposes of the Agreemnt, for Acquisition by the City, at the Negotiated Purchase Price of $300,000.00, of 2 Contiguous Properties Located on Firestone Rd btwn Thurston Rd. & Wilson Blvd. to be Developed as a New Fire Station 75 Site; Providing for Oversight of the Acquisition of the Properties by the Real Estate Div of the Dept of Public Works & Thereafter by the JFRD. (R.E. # 012569-000 & 012570-0000) (Dist. 10-Priestly Jackson) (Staffopoulos) (Req of Mayor) 3/23/21 CO Introduced: NCSPHS, F 4/5/21 NCSPHS Read 2nd & Rerefer Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 4/13/21 19. 2021-0178 ORD Approp $761,250.00 in Federal Pass-Through Grants Funds from 2nd the FDOT to Reimburse the City for Its Participation in the Construction of Sidewalk Improvements on Cedar Point Rd from E of Grover Rd to W of Boney Rd; Purpose of Approp; Amending the 2021-25 5-Yr CIP Apvd by Ord 2020-505-E for Construction of Sidewalk Improvements on Cedar Point Rd; Providing for Oversight by the Engineering & Construction Managemnt Div of the Dept of Public Works. (B.T. 21-055) (Staffopoulos) (Req of Mayor) 3/23/21 CO Introduced: NCSPHS, TEU, F 4/5/21 NCSPHS Read 2nd & Rerefer 4/5/21 TEU Read 2nd & Rerefer Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 4/13/21 Page 12 of 20 Finance Committee Agenda - Revised Marked April 6, 2021 20. 2021-0179 ORD Making Certain Findings & Auth the Borrowing from the City’s 2nd Commercial Paper Facility &/or Issuance of Fixed-Rate Debt in the Cumulative, Not-to-Exceed Amount of $32,905,000, or Such Lesser Amount as Determined Pursuant to the Agreemnt (Defined Below) as of the Time of Closing, & Approp Thereof to Provide Funding for the Purchase of the Metropolitan Parking Solutions Parking Garages Pursuant to the Default Provisions of the Developmnt Agreemnt Dated 3/5/04; Purpose of Approp; Providing a Carryover of Funds from Yr to Yr Unit Such Funds are Expended or Lapse According to the Agreemnt; Amending the 2021-25 5-Yr CIP Apvd by Ord 2020-505-E to Provide Funding for the Project Entitled “MPS Garage Purchase;” Amending 2020-504-E, the FY 2021 Budget Ord, to Replace Rev Schedule B4, the FY 2020-21 CIP Projects Funded Via Borrowing, to Auth the Borrowing &/or the Issuance of Debt for the Purchase of the Parking Garages; Auth the Mayor, or His Designee, & Corp Secretary to Execute & Deliver All Docs & Agreements Necessary to Transfer Developer’s Interest in the Proj to the City Pursuant to the Redevelopment Agreemnt; Auth Apv of Technical Amendmnts by the Mayor or His Designee; Waiving Sec 122.411(A) (Fee Purchases), Subpart A (Acquisition of Interests in Real Property), Part 4 (Real Property), Chapt 122 (Public Property), Ord Code, to Auth Purchase of the Parking Garages Pursuant to the Developmnt Agreemnt Without the Need of an Appraisal; Waiving Sec 55.115 (Procedures for Acquisition & Disposition of Downtown Property), Chapt 55 (DIA), Ord Code, to Allow for Purchase of Property to be Apvd by Action of This Legislation; Providing for Oversight by the DIA. (B.T. 21-059) (Sawyer) (Req of Mayor) 3/23/21 CO Introduced: TEU, F, R 4/5/21 TEU Read 2nd & Rerefer Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 4/13/21 21. 2021-0180 ORD Approp $560,168.08 in Unappropriated Investment Pool Earnings 2nd Within the Southside Community Redevelopment Agency (“CRA”) Trust Fund of Which $110,432.03 Will to be Allocated to the Riverplace Blvd CRA Proj & $449,736.05 to Future Yr Debt Reduction; Purpose of Approp. (B.T. 21-058) (Staffopoulos) (Req of Mayor) 3/23/21 CO Introduced: NCSPHS, F 4/5/21 NCSPHS Read 2nd & Rerefer Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 4/13/21 Page 13 of 20 Finance Committee Agenda - Revised Marked April 6, 2021 22. 2021-0182 ORD re Chap 118 (City Grants), Ord Code; Establishing the 2021-22 2nd Categories of Most Vulnerable Persons & Needs for Public Svc Grants Approp. (Sidman) (Pursuant to Sec. 118.804 & at Req of the Public Service Grant Council) 3/23/21 CO Introduced: NCSPHS,F 4/5/21 NCSPHS Read 2nd & Rerefer Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 4/13/21 23. 2021-0184 ORD Approp $731,500.00 ($397,794.73 from Special Events – FL GA EMERGENCY Game Contingency, $95,000.00 from Terry Parker Pool Fund, & $238,705.27 from Council District 1 Autumn Bond Funds) to Provide Scrivener's Funding for a New Artificial Turf Field at Blue Cypress Park; Apv & Auth the Mayor, or His Designee, & Corp Secretary to Execute & Deliver, an Contact: Agreemnt btwn the City of Jax & Southern Recreation, Inc; Invoking the CM Morgan Exception in Sec 126.107(G), Ord Code, to Allow Direct Contract w/ and CM Salem Southern Recreation, Inc. to Provide Purchase & Installation of New Artificial Turf Field at Blue Cypress Park; Providing for a Reverter of Funds; Providing for the Oversight by the Parks, Recreation & Community Svcs Dept; Amending the 2021-25 5-Yr CIP Apvd by Ord 2020-505-E to Auth the Project Titled “Blue Cypress Park Soccer Field;” Req 1-Cycle Emerg Action. (Johnston) (Introduced by CMs Morgan & Salem) 3/23/21 CO Introduced: NCSPHS, F, R 4/5/21 NCSPHS Emergency/Approve 7-0 Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 4/13/21 Scrivener’s Pg. 2, line 10: strike “$397.794.73” and insert “$397,794.73” •The project will convert one of the two fields to artificial turf. NOTE: Bills 2021-141, 2021-143, 2021-154, 2021-155, 2021-157, and 2021-184 all propose to use the same funding source. There is an insufficient amount of funds to cover all of the proposed appropriations. The proposed funding source (FL/GA Contingency) has an available balance of $1,873,733, while the proposals from these bills total $3,190,349.73. Page 14 of 20 Finance Committee Agenda - Revised Marked April 6, 2021 24. 2021-0186 ORD Deappropriating Funds From the Soutel Rd Diet Project & Approp 2nd $3,260,596.25 in Funds from Debt Managmnt Loan Proceeds Previously Approp for the Soutel Rd Diet Project to Provide Funding for Various Capital Improvement Projects in Council District 10; Amending the 2021-25 5-Yr CIP Apvd by Ord 2020-505-E to Reduce Funding for the Project Entitled “Soutel Dr Rd Diet” & Provide Funding for the Projects Entitled “Soutel Dr & New Kings Rd Intersection Improvmnts,” “Old Kings Rd at Dixie St (DSR)-Capital Improvmnt,” “Cain Ln & Able St (DSR)-Capital Improvmnt;” & Transferring Future Yrs’ CIP Allocations for the Project Entitled “Soutel Dr Rd Diet” to the Projects Entitled “Cain Ln & Able St (DSR)-Capital Improvmnt,” “Zora St (DSR)-Capital Improvmnt,” “Fyre Ave W (DSR)-Capital Improvmnt,” “Ellis Rd. (DSR) -Capital Improvmnt,” “Old Kings Rd (DSR)-Capital Improvmnt,” “West Side Blvd (DSR)-Capital Improvmnt,” “Davell Rd (DSR)-Capital Improvmnt,” “Jack Horner Ln/Miss Muffet Ln (DSR)-Capital Improvmnt,” “Harlow Blvd/Mother Hubbard Dr S (DSR)-Capital Improvmnt,” “Sibbald Rd Sidewalk Extension,” “CD 10 Sidewalk Repairs,” “Channel Lining Drainage Improvmnts-I-10 to N of Ramona Blvd,” & “District 8 (DSR) Capital Improvmnts. (Sidman) (Introduced by CM Priestly Jackson) 3/23/21 CO Introduced: NCSPHS, F 4/5/21 NCSPHS Read 2nd & Rerefer Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 4/13/21 25. 2021-0187 RESO Making Certain Findings, & Apv & Auth the Execution of an AMEND Economic Agreemnt (“Agreemnt”) btwn the City of Jax (“City”) & 11180 Blasius Rd, LLC (“Company”), to Support the Creation of the See Auditor Company’s Operations at a New Facility Located Generally at 11180 Summary on Blasius Rd Within the City (“Project”); Auth a 5-Yr Recapture Enhanced pg. 18 Value (REV) Grant of $1,100,00; Apv & Auth the Execution of Documents by the Mayor, or His Designee, & Corp Secretary; Auth Apv Contact: of Technical Amendmnts by the Executive Director of the Office of Kirk Wendland Economic Development (“OED”); Providing for Oversight by the OED; Providing for a Deadline for the Company to Execute the Agreemnt; Affirming the Project’s Compliance w/ the Public Investment Policy Adopted by Ord 2016-382-E, As Amended; Req 2-Reading Passage Pursuant to C.R. 3.305. (Sawyer) (Req of Mayor) 3/23/21 CO Introduced:F, R AMENDMENT Place revised Economic Development Agreement on file to correct base year and base value for REV grant calculation Page 15 of 20 Finance Committee Agenda - Revised Marked April 6, 2021 26. 2021-0192 ORD Making Certain Findings, & Apv & Auth the Execution of an Scrivener's Economic Developmnt Agreemnt (“Agreemnt”) btwn the City of Jax (“City”) & Jax North Apartments Owner, LLC (“Company”), to Support See Auditor the Developmnt of a 324 Unit Multifamily Apartment Project Generally Summary on Located at 14670 Duval Rd in the City (“Project”); Auth a $250,000 Tax pg. 19 Increment District Infrastructure Grant (“TID Grant”); Apv & Auth the Execution of Documents by the Mayor, or His Designee, & Corp Contact: Secretary; Auth Approval of Technical Amendmnts by the Executive Kirk Wendland Director of the Office of Economic Developmnt (“OED”); Waiving Provisions of Chapt 126, (Procurement Code), Ord Code, w/ Respect to the Project; Providing for Oversight by the OED; Waiver of that Portion of the Public Investment Policy Adopted by Ord 2016-382-E Which Would Require that in Order for a Project to Receive a TID Grant 20 New Full-Time Jobs Must be Created; Req 2-Reading Passage Pursuant to C.R. 3.305. (Sawyer) (Req of Mayor) 3/23/21 CO Introduced: F, R Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 4/13/21 Scrivener's 1. Pg. 2, line 8: strike “amounts” and insert “amount” 2. Pg. 5, line 17: strike “Infrastructure Improvements project” and insert “Project” 3. Pg. 6, lines 27-28: strike duplicate language Page 16 of 20 Finance Committee Agenda - Revised Marked April 6, 2021 Council Auditor’s Office 2021-159 Company Name – Theotokos Holdings LLC Project Location – 7820 Arlington Expressway, Jacksonville, FL 32211 (former FBI building) Incentives Provided – $820,000 REV grant at 75% over 10 years Number of Jobs to be Created – N/A; 0 new jobs required Number of Jobs to be Retained – N/A; 0 jobs retained Capital Investment – $14,545,000 Records Retention/Audit Clause – Yes Clawback Language – • In the event reporting requirements are not met in the time periods specified in the agreement, the City will be entitled to withhold the annual installment of the REV grant • If by December 31, 2023, the company fails to invest the amounts listed below, the REV grant will be reduced by the corresponding amount: - Fails to invest at least $14,545,000 – reduced proportionately - Fails to invest at least $11,000,000 – reduced from 75% to 50% - Fails to invest at least $9,000,000 – REV grant is terminated and any amounts paid to the Developer will be repaid to the City ROI – 1.33 Waives the Public Investment Policy approved by Ord. 2016-382-E in order to authorize the REV grant for a project for which the developer is not in a Targeted Industry Category and is not creating at least 10 new full-time jobs. Page 17 of 20 Finance Committee Agenda - Revised Marked April 6, 2021 Council Auditor’s Office 2021-187 One or Two Read Resolution - Two Date provided to Council Auditor – 3/17/21 Company Name – 11180 Blasius Road LLC (FlexCold) Project Location – 11180 Blasius Road, Jacksonville, FL 32226 Incentives Provided – $1,100,000 REV grant at 50% over 5 years Number of Jobs to be Created – • 20 new jobs no later than Dec. 31, 2023 at an average wage of $51,192 plus benefits Number of Jobs to be Retained – N/A Capital Investment – $47,000,000 Performance Schedule – Start of Construction – on or before Dec. 31, 2021 Completion of Construction – on or before Dec. 31, 2023 Records Retention/Audit Clause – Yes Clawback Language – • In the event reporting requirements are not met in the time period specified in the agreement, the City will be entitled to withhold the annual installment of the REV grant • If by December 31, 2021, the company fails to create the number of jobs listed below at an average wage of $51,192, the REV grant will be reduced by the corresponding amount: - Fails to create 20 jobs and maintain them for the length of the REV grant – reduced proportionately - Fails to create 10 jobs and maintain them for the length of the REV grant – REV grant is terminated and any amounts paid to the Developer will be repaid to the City • If by December 31, 2023, the company fails to invest the amounts listed below, the REV grant will be reduced by the corresponding amount: - Fails to invest at least $47,000,000 – reduced proportionately - Fails to invest at least $30,000,000 – REV grant is terminated and any amounts paid to the Developer will be repaid to the City ROI – 3.92 Page 18 of 20 Finance Committee Agenda - Revised Marked April 6, 2021 Council Auditor’s Office 2021-192 Company Name – Jax North Apartments Owner, LLC Project Location – 14670 Duval Road, Jacksonville, FL 32218 Incentives Provided – $250,000 Tax Increment District Infrastructure Grant from JIA CRA Number of Jobs to be Created – N/A; 0 new jobs required Number of Jobs to be Retained – N/A; 0 jobs retained Capital Investment – $52,000,000 Records Retention/Audit Clause – Yes Payment requirements – • Company shall submit invoices, contractor’s affidavit and/or receipts as requested by the City • Company must furnish evidence that all applicable permits have been issued • All property taxes must be current • Company must furnish evidence demonstrating that the Company invested at least $26 million in the Project • City shall take title of right-of-way infrastructure improvements to Ranch Rd. Waivers include: • Waives Chapter 126, Procurement Code, except as it applies to JSEBs, as the Developer intends to use the same contractor for this roadway project as they use for the horizontal component of their project. • Waives the Public Investment Policy (approved by 2016-382-E, as amended) requiring a minimum of 20 new full-time jobs to be created when providing a TID Grant. The reason for the waiver is the amount of capital investment of $52 million. As of March 31, 2021, property taxes for the 2020 year are unpaid. Taxes become delinquent April 1. *****Note: Items may be added at the discretion of the Chair.***** NOTE: The next regular meeting will be held Tuesday, April 20, 2021. Pursuant to the American with Disabilities Act, accommodations for persons with disabilities are available upon request. Please allow 1-2 business days notification to process; last minute requests will be accepted; but may not be possible to fulfill. Please contact Disabled Services Division at: V 904-255-5466, TTY-904-255-5476, or email your request to KaraT@coj.net. Page 19 of 20 Finance Committee Agenda - Revised Marked April 6, 2021 Page 20 of 20