Finance Committee

City of Jacksonville 117 W. Duval Street Jacksonville, FL 32202 Agenda - Revised Marked Wednesday, June 22, 2022 9:30 AM Council Chambers 1st Floor, City Hall Finance Committee Finance Committee Agenda - Revised Marked June 22, 2022 Meeting Convened: 9:33 AM Meeting Adjourned: 12:03 PM Attendance: Presentation by Joey Greive - Debt Affordability Study - Baseline Item/File No. Title History 1. 2022-0267 ORD-MC Concerning Surplus Personal Propty of the City; Declaring that Certain 1979 Chevrolet Malibu (VIN 1T19L9D483566, Vehicle # 0046-10) Valued at $15,000 to be Surplus to the Needs of the City & Auth the Approp Officials of the City to Transfer Title of Said Propty to the MOG Collection, LLC., D/B/A Brumos Collection at no Cost, in Accordance with Sec 122.812 (C), Ord Code; Waiving Sec 122.305 (Unlawful Use of City Markings & Tags), Pt 3 (Municipal Vehicles), Chapt 122 (Public Property), Ord Code, to Allow for Certain 1979 Chevrolet Malibu (VIN 1T19L9D483566, Vehicle # 0046-10) to Retain its JSO Insignia; Designating the Fleet Mgmt Div of the Finance & Admin Dept to Monitor Actual Use of Said Propty; Providing for a Reverter; Auth the Mayor or his Designee & the Corp Sec to Execute an Agreemt for Surplussing of City Personal Propty btwn the COJ & the MOG Collection, LLC., D/B/A Brumos Collection; Repealing Sec 111.396 (Motor Vehicle Safety Prog Fund), Pt 3 (Public Safety & Courts), Chapt 111 (Special Revenue & Trust Accts), Ord Code. (Sidman) (Introduced by CP Newby at Request of Sheriff) 4/12/22 CO Introduced: NCSPHS, F, R 4/18/22 NCSPHS Read 2nd & Rerefer 4/19/22 R Read 2nd & Rerefer 4/26/22 CO PH Only Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601 – 4/26/22 Page 1 of 18 Finance Committee Agenda - Revised Marked June 22, 2022 2. 2022-0372-E ORD-MC Adopting the Downtown Investment Authority (“DIA”) Updated DIA CEO Lori Boyer Business Investment & Dev Plan (“BID Plan”) Pursuant to Sec 55.108 gave a b r o a d (A) (7), Ord Code, which Includes (1) an Update of the Community overview of the Redevelopment Area (“CRA”) Plans for Downtown Consisting of the purpose of the bill. Southside Community Redevelopment Area & the Northbank Downtown Assistan t C o u n c i l Community Redevelopment Area, & (2) an Update of the Business Auditor Phillip Investment Strategy; Requiring all Dev & Redevelopment in Downtown Peterson explained to be Compatible & Consistent with the BID Plan; Amending the the Auditor’s Office Northbank Tax Increment Dist Budget for FY 2021-22 to Transfer r e c o m m e n d a t i o n s $1,900,000.00 from the Metropolitan Parking Solutions (“MPS” ) and the NCSPHS Financial Obligation to the Downtown Northbank CRA Trust: (1) Committee’s adopted $72,061.50 in Supervisory Allocation to Auth & Fund the Salary & amendments. CM Benefits of 2 Full Time Employees within the Downtown Investment Becton asked several Auth; $72, 938.50 to Northbank Plan Professional Svcs; (3) questions about the $225,000.00 to Northbank Enhanced Maint; (4) $500,000.00 to Provide p r o c e s s o f Funding for the New Northbank Commercial Revitalization Prog; (5) calculating return on $200,000.00 to Provide Funding for the new Northbank Small Scale investment a n d Residential Incentive; & (6) $830,000.00 to Provide Funding for the about the NCSPHS LaVilla Heritage Trail & Gateway Entrances; Purpose; Apv & Auth an amendments on the Increase to the Employee Cap for the DIA from 9 to 11 in order to allow threshold for City for the Addition of 2 new Positions within the General Fund (Fund Council involvement 00111) & Funded Through a Supervision Allocation from the i n p r o p e r t y Community Redevelopment Agencies for Downtown; Amending the dispositions a n d City’s Public Investment Policy Auth by 2016-382-E, as Amended, to maximum incentive Remove & Replace the Downtown Progs Incentives to be Consistent amounts for projects. with the BID Plan Incentives Auth Hereby; Amending Chapt 55 CM Freeman asked (Downtown Investment Authority), Pt 1 (Downtown Investment about the reaction of Authority, Sec 55.108 (Powers & Duties), to Auth: (1) the DIA Board to incentive recipients Apv Public Investment Policy Incentives Without the Need for City to the City’s JSEB Council Approval; (2) the DIA Board to Apv Recaptured Enhanced hiring requirements. Value (“REV”) Grants Through the 2046 Tax Yr; & (3) the DIA Board to Ms. Boyer said the Negotiate, Apv & Enter into, on Behalf of the City, Cost Disbursement DIA doesn’t get much Agreemnts for City Capital Projs then Currently Identified in the City’s pushback to having Capital Improvmnts Plan (“CIP Projects”); Amending Chapt 55 the language in the (Downtown Investment Authority), Pt 1 (Downtown Investment agreements, but Authority), Sec 55.114 (Form Agreements; Redevelopment a c t u a l Agreements), to Auth a form of costs Disbursements Agreemnt relating accomplishment of to CIP Projs; Amending Chapt 122 (Public Propty), Pt 4 (Real Propty), the goal varies widely Supart C (Community Redevelopment Real Propty Dispositions), to based on each Auth the Disposition of Real Propty Having an Appraised Value of Less particular pr o j e c t . Than $250,000 at less than the Appraised Value of up to $750,000 The nature of the without Council Approval; Providing for Severability; Providing for project determines Liberal Construction; Auth the Council Auditor’s & General Counsel’s whether JSEBs are Office to make Technical Amendments to BID Plan; Apv Form Cost available to do the Disbursement Agreement (B.T. 22-074) (R.C. 22-118) (Sawyer) work. Expanding the (Introduced by CP at Req of the DIA) program with more 5/10/22 CO Introduced: NCSPHS, F, R 5/16/22 NCSPHS Read 2nd & Rerefer Page 2 of 18 Finance Committee Agenda - Revised Marked June 22, 2022 participating JSEB 5/17/22 F Read 2nd & Rerefer compa n i e s w o u l d 5/17/22 R Read 2nd & Rerefer make the process 5/24/22 CO PH Only easier for incentive 6/21/22 NCSPHS Amend/Approve 7-0 recipients by giving 6/22/22 F Amend/Approve 7-0 them more choices in 6/22/22 R Amend/Approve 5-0 the marketplace. CM 6/28/22 CO Amend/Approve 18-0 Gaffney said the City Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601- 5/24/22 should be investing in growing JSEBs to fill the gaps that exist in the market and make comp l i a n c e with the goals easier. The NCSPHS amendment was approved. Phillip Peterson described a p r o p o s e d amendment related to the expiration of two of the CRAs in 2045 and a limitation on approving REV grants that extend beyond the end of the CRAs. The committee achieved consensus on establishing 2045 as the end date on REV grants which is what the ordinance already provides, so no amendment was needed. CM Carlucci offered an amendment addressing the timing of applications for historic landmark status in relation to s t a r t i n g t h e application process for financial Page 3 of 18 Finance Committee Agenda - Revised Marked June 22, 2022 incentives to rectify an inconsistency in the two sets of regulations. The amendment was approved. CM Freeman offered an amendment to the Public Investment Policy regarding a renewal of the Duval C o u n t y J o b Opportun i t y Bank contribution from incentive recipients at a rate of 1%. Ms. Boyer agreed to work with the Council Auditor’s Office and Office of General Counsel to come up with appropriate wording by next Tuesday’s Council meeting. CM Becton questioned whether the City is the appropriate entity to operate job training programs i n comparison with private employers who already have apprenticeship programs. CM Freeman withdrew his amendment in order to have further discussion take place before the Council meeting next week. Page 4 of 18 Finance Committee Agenda - Revised Marked June 22, 2022 3. 2022-0402 ORD Amend FY 2020-2021 Jacksonville Transportation Authority (JTA) Budget; Amending Ord 2020-504-E (The City of Jax Budget Ord) by Amending the JTA Budget Revised Schedules O & P (Johnston) (Introduced by CP at Req of JTA) 5/24/22 CO Introduced: TEU, F 6/6/22 TEU Read 2nd & Rerefer 6/7/22 F Read 2nd & Rerefer 6/14/22 CO PH Read 2nd & Rerefer: TEU, F Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 6/14/22 4. 2022-0405-E ORD Approv & Auth the Mayor, or His Designee, & Corp Secretary to Assistan t C o u n c i l Execute & Deliver Global Amendment 2 to Economic Development Auditor P h i l l i p Agreements btwn the COJ (“City”) & Those Businesses set forth on Rev Peterson explained Exh 1, Amend the Agreements set forth on Rev Exh 1 to Permit Certain the amendment. Geographical Conds for Incentives Granted in the Agreements to be Fulfilled by Employees Working Remotely due to COVID-19 who Reside in the Metro Statistical Area (Comprised of Duval, Clay, St. Johns, Nassau & Baker); Requiring Backup Documentation to be Provided to the Office of Economic Development (Dillard) (Introduced by CP at Req of Mayor) 5/24/22 CO Introduced: NCSPHS, F 6/6/22 NCSPHS Read 2nd & Rerefer 6/7/22 F Read 2nd & Rerefer 6/14/22 CO PH Read 2nd & Rerefer: NCSPHS, F 6/21/22 NCSPHS Amend/Approve 7-0 6/22/22 F Amend/Approve 6-0 6/28/22 CO Amend/Approve 18-0 Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 6/14/22 AMENDMENT Attach revised Exhibits 1 and 2 to include corrected list of agreements and amendments • Global Amendment One, approved by Ord. 2021-449-E, authorized an amendment to Economic Development Agreements related to the creation of jobs to allow for remote working of those jobs for calendar years 2020 and 2021 (provided the employee filling the job resided within the Metropolitan Statistical Area and the new job was based, but not necessarily located, at the project parcel) • Global Amendment Two will allow employees to continue to work remotely through the end of the term of each respective Economic Development Agreement Page 5 of 18 Finance Committee Agenda - Revised Marked June 22, 2022 5. 2022-0406-E ORD Approv & Auth the Mayor & Corp Secretary to Execute & Deliver, for & on Behalf of the City, that Certain Sovereignty Submerged Lands Fee Waived Lease Renewal & Technical Modification to Reflect Current Survey btwn the COJ & the Board of Trustees of the Internal Improvement Trust Fund of the State of FL (the “Lease”) for the Operation of a 1-Slip Commercial Docking Facility to be Used Exclusively for Mooring of a Tour Vessel in Conjunction with an Upland Public River Taxi Service in Ft. George Inlet for a Lease Term Exp on 12/22/24; Prov for Oversight of Execution & Recording of the Lease by the Real Estate Div of the Dept of Public Works, & Oversight of the Lease & Docking Facility by the Parks, Rec & Comm Svcs Dept (BOT File No. 160344942) (Staffopoulos) (Introduced by CP at Req of Mayor) (JWC Apv) 5/24/22 CO Introduced: NCSPHS, F, JWC 6/6/22 NCSPHS Read 2nd & Rerefer 6/7/22 F Read 2nd & Rerefer 6/14/22 CO PH Read 2nd & Rerefer: NCSPHS, F, JWC 6/21/22 NCSPHS Approve 7-0 6/22/22 F Approve 6-0 6/28/22 CO Approve 17-0 Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 6/14/22 6. 2022-0407-E ORD Approp an American Rescue Plan Act of 2021 (the “Act”) CM Boylan noted Supplemental Grant in the Amt of $172,477.00, Distributed by the that agencies like the Northeast Florida Area Agency on Aging, Inc. d/b/a ElderSource United Way and (“ElderSource”), to the COJ to Provide Home Energy Assistance Aid to ElderSource provide Eligible Low-Income Households with at Least 1 Member aged 60 Yrs tremendous services or Older Experiencing a Heating or Cooling Emergency; Auth Position; to the most needy in Approv & Auth the Mayor, or His Designee, & the Corp Secretary to our community. Execute & Deliver on Behalf of the City the ElderSource Standard Contract for Emergency Home Energy Assist Prog for the Elderly American Rescue Plan Act & any Related & Subsequent Agreements or Amendments Allocating Addnl Funds from ElderSource; Prov for Oversight by the Senior Svcs Div of the Parks, Rec & Comm Svcs Dept (B.T. 22-069) (R.C. 22-111) (Staffopoulos) (Introduced by CP at Req of Mayor) 5/24/22 CO Introduced: NCSPHS, TEU, F 6/6/22 NCSPHS Read 2nd & Rerefer 6/6/22 TEU Read 2nd & Rerefer 6/7/22 F Read 2nd & Rerefer 6/14/22 CO PH Read 2nd & Rerefer: NCSPHS, TEU, F 6/21/22 NCSPHS Approve 7-0 6/21/22 TEU Approve 7-0 6/22/22 F Approve 6-0 6/28/22 CO Approve 17-0 Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 6/14/22 Page 6 of 18 Finance Committee Agenda - Revised Marked June 22, 2022 • Provides up to $5,000 per eligible low-income household with at least one member aged 60 or older for utilities assistance, equipment repairs and replacement, and temporary emergency shelter assistance 7. 2022-0408-E ORD Approp $857,148.41 from the McCoys Creek Smith St Bridge AMEND - Assistant Removal Proj to the McCoys Creek Blvd Closure & Channel Council A u d i t o r Improvements/Restoration Projs; Amend the 2022-2026 5-Yr CIP Phillip P e t e r s o n Apprvd by Ord 2021-505-E to Reflect this Approp of Funds to the explained t h e McCoys Creek Blvd Closure & Channel Improvements/Restoration amendment. Projs (Revised B.T. 22-077) (Staffopoulos) (Introduced by CP at Req of Mayor) Contact: 5/24/22 CO Introduced: NCSPHS, TEU, F John Pappas / 6/6/22 NCSPHS Read 2nd & Rerefer Robin Smith 6/6/22 TEU Read 2nd & Rerefer 6/7/22 F Read 2nd & Rerefer 2/3 vote required 6/14/22 CO PH Read 2nd & Rerefer: NCSPHS, TEU, F by Council 6/21/22 NCSPHS Amend/Approve 7-0 6/21/22 TEU Amend/Approve 7-0 6/22/22 F Amend/Approve 6-0 6/28/22 CO Amend/Approve 18-0 Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 6/14/22 AMENDMENT Attach Revised Exhibit 1 (BT) to correct account codes Page 7 of 18 Finance Committee Agenda - Revised Marked June 22, 2022 8. 2022-0409-E ORD Approp Fund Balance from the Environmental Protection Fund (the “Fund’) in the Amt of $274,000.00 for Installation of a Nutrient Separating Baffle Box Pilot Proj by Central Pipe Rehab, LLC, to Treat Stormwater Prior to its Discharge into the St. Johns River (the “Project”); Prov for Carryover of Funds thru 9/30/24; Approv & Auth the Mayor, or His Designee, & the Corp Secretary to Execute & Deliver an Agreement btwn the COJ & Central Pipe Rehab, LLC for the Proj; Invoking the Exception of 126.107(g) (Exemptions), Chapt 126 (Procurement Code), Ord Code, to Direct Contract with Central Pipe Rehab, LLC for the Project; Waiving Sec 110.112 (Advance of City Funds; Prohibition Against), Part 1 (the City Treasury), Chapt 110 (City Treasury), Ord Code, to Allow for Advance Payment by the City; Prov for Oversight by the Neighborhoods Dept, Environmental Quality Div; Requiring Reports on Monitoring Activities (B. T. 22-073) (Staffopoulos) (Introduced by CP at Req of Mayor) (JWC Apv) 5/24/22 CO Introduced: NCSPHS, TEU, F, R, JWC 6/6/22 NCSPHS Read 2nd & Rerefer 6/6/22 TEU Read 2nd & Rerefer 6/7/22 F Read 2nd & Rerefer 6/7/22 R Read 2nd & Rerefer 6/14/22 CO PH Read 2nd & Rerefer: NCSPHS, TEU, F, R, JWC 6/21/22 NCSPHS Approve 7-0 6/21/22 TEU Approve 7-0 6/22/22 F Approve 6-0 6/22/22 R Approve 5-0 6/28/22 CO Approve 17-0 Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 6/14/22 Scrivener’s 1. Pg. 3, line 16: strike duplicate “or” 2. Pg. 3, line 18: strike “Jacksonville University” and insert “Central Pipe Rehab LLC" • Appropriates $274,000 from fund balance within the Environmental Protection Fund and approves a direct contract with Central Pipe Rehab LLC for installation of a nutrient separating baffle box to be located at 9767 E. Carbondale Drive in Council District 8 • Waives Code Section 110.112 in order to provide an advance payment of $22,000 to Central Pipe Rehab LLC upon Council approval of the agreement • Invokes the Procurement Code exemption under Sec. 126.107(g) to authorize the agreement with Central Pipe Rehab LLC for the project Page 8 of 18 Finance Committee Agenda - Revised Marked June 22, 2022 9. 2022-0413-E ORD Approv & Auth the Mayor, or His Designee, & Corp Secretary to Assistan t C o u n c i l Execute & Deliver a License Agreement btwn University Christian Auditor P h i l l i p School & the COJ for Victoria Park, located 2948 Knights Ln West, Jax, Peterson explained FL 32216; Finding that these Contractual Svcs are Exempt from the amendment. Competitive Solicitation Pursuant to Sec 126.107(g) (Exemptions), Chapt 126 (Procurement Code), Ord Code; Prov for Oversight by the Parks, Rec & Comm Svcs Dept (Johnston) (Introduced by CM Carrico) 5/24/22 CO Introduced: NCSPHS, F 6/6/22 NCSPHS Read 2nd & Rerefer 6/7/22 F Read 2nd & Rerefer 6/14/22 CO PH Read 2nd & Rerefer: NCSPHS, F 6/21/22 NCSPHS Amend/Approve 7-0 6/22/22 F Amend/Approve 6-0 6/28/22 CO Amend/Approve 18-0 Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 6/14/22 AMENDMENT 1. Pg. 2, line 2: insert “under” after “falls” 2. Place revised license agreement on file to correct scrivener’s errors and reference the existing license agreement with River City Softball Association • Authorizes a license agreement with University Christian School (Licensee) for use of the softball venue, dugouts/locker room, grandstands, and pressbox at Victoria Park for $1/year for an initial 5-year term with one additional 5-year renewal period • Licensee will fund and construct improvements estimated at $260,000 and commence construction by June 1, 2023 • Allows Licensee to market the park as “University Softball Complex at Victoria Park” • Licensee will be responsible for daily maintenance and upkeep of the licensed facilities and day-to-day programming costs • City will be responsible for utility costs, all other maintenance and repair of the licensed facilities, and maintenance of the landscaping and grassed areas except for the softball venue • Invokes the Procurement Code exemption under Sec. 126.107(g) to authorize the license agreement Page 9 of 18 Finance Committee Agenda - Revised Marked June 22, 2022 10. 2022-0414-E ORD-MC Amend Sec 106.342 (CRA Board Authorized to Make OED Director Kirk Transfers btwn CRA Budget Categories Without Further Council Wendland explained Approval), & Sec 106.346 (Additional Revenues Received During a FY), the intent to simplify Subpart D (Approps for Community Redevelopment Agencies), Pt 3 duplicative o r (Appropriations), Chapt 106 (Budget & Accounting Code), Ord Code, to u n n e c e s s a r y Make an Allowance for the Admin Expenditures Category Within the processes. CRA Board’s Budget Transfer Auth & to Prov Clarification of FY Investment Pool Earnings & Approp of Additional Revenues within Each CRA Trust Fund; Creating New Sec 106.347 (Approp of FY CRA Trust Fund Investment Pool Earnings), Subpart D (Approps for Community Redevelopment Agencies), Pt 3 (Appropriations), Chapt 106 (Budget & Accounting Code), Ord Code, to Clarify the Approp of CRA Trust Fund Investment Pool Earnings During a FY (Grandin) (Introduced by CP Newby) 5/24/22 CO Introduced: F 6/7/22 F Read 2nd & Rerefer 6/14/22 CO PH Read 2nd & Rerefer: F 6/22/22 F Approve 6-0 6/28/22 CO Approve 17-0 Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601- 6/14/22 • Provides additional authority to allow CRA Boards to make the following transfers, subject to available funds: - From Plan Authorized Expenditures to existing line items with Administrative Expenditures - Between existing line items within the Administrative Expenditures category up to a total of $10,000 annually • Provides additional authority to allow the CRA Board Administrator to make the following transfers, subject to available funds: - Within or between CRA Budget Categories up to $10,000 in aggregate annually, exclusive of the year-end reconciliation • Salaries and personnel-related expenses are excluded from this transfer authority • Allows additional revenues received by the CRA to be self-appropriating up to $100,000 annually (excluding investment pool earnings which are self-appropriating in any amount) Page 10 of 18 Finance Committee Agenda - Revised Marked June 22, 2022 11. 2022-0415-E ORD Approp $8,000,000.00 from the Tree Protection & Related Assistan t C o u n c i l Expenses Trust Fund, Fund 15304, for the Level 2 County-Wide Prog to Auditor P h i l l i p Prov Tree Planting on Public Land in Duval Co; (the “Level 2 Program”) Peterson explained Suggested by Individuals, Groups, City Depts, &/or Council Members; t h e F i n a n c e Apv & Req the Mayor, or His Designee, to Direct the Dept of Public amendment which Works to Continue to Administer the Level 2 Prog in Accordance with differs slightly from the Criteria Herein Provided; Prov a Carryover of Funds Into the N C S P H S Subsequent FYs (Grandin) (Introduced by CM Salem) amendment. 5/24/22 CO Introduced: NCSPHS, F 6/6/22 NCSPHS Read 2nd & Rerefer 6/7/22 F Read 2nd & Rerefer 6/14/22 CO PH Read 2nd & Rerefer: NCSPHS, F 6/21/22 NCSPHS Amend/Approve 7-0 6/22/22 F Amend/Approve 6-0 6/28/22 CO Amend/Approve 18-0 Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601- 6/14/22 AMENDMENT Reflect “Sunny Acres” park project and associated estimated costs as part of the District 2 list of park projects 12. 2022-0416 ORD Reapprop $94,875,967.35 from CIPs that have been Certified Complete by the Director of Public Works & Closed, Their Residual Balances Returned to the Source or Sources of Origin, & Placed in a Contingency Account, Transferring $38,920,804.62 btwn Expense Accounts Among Various Projs within the Better Jax Plan Fund to Complete Outstanding Projs as Described in the Work Plan, & Auth Borrowing from the City’s Commercial Paper Facility &/or Issuance of Fixed-Rate Debt in the Cumulative, Not-To-Exceed Amt of $85,063,552.37 & Approp Thereof to Prov Funds for Capital Improvements; Amend 2021-504-E, the FY 2021 Budget Ord, to Replace 4th Revised Scheduled B4, the FY 2021-2022 Debt Management Fund Detail, & Revised Scheduled B4b, the FY 2021-2022 Capital Improvements Projs Funded Via Borrowing, to Auth the Borrowing &/or the Issuance of Fixed-Rate Debt for the Projs as set Forth in the Better Jax Work Plan; Amend the 2022-2026 5-Yr Capital Improvement Prog Apv’d by Ord 2021-505-E; Prov for City Oversight by the Dept of Public Works (Sawyer) (Introduced by CP at Req of Mayor) 5/24/22 CO Introduced: TEU, F 6/6/22 TEU Read 2nd & Rerefer 6/7/22 F Read 2nd & Rerefer 6/14/22 CO PH Read 2nd & Rerefer: TEU, F Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601- 6/14/22 Page 11 of 18 Finance Committee Agenda - Revised Marked June 22, 2022 13. 2022-0449-A RESO Apv & Auth the Execution of an Economic Agrmt (“Agreement”) Assistan t C o u n c i l btwn the COJ (“City”) & Allegis Group, Inc. (“Company”), to Support the Auditor P h i l l i p Creation of the Company’s Offices in Multiple Locations Within the City Peterson explained (“Project”); Auth a Targeted Industry Grant in the Max Amt of $750,000 the amendment. (“TI Grant”), Calculated in the Amt of $1,500 for Each New Job Created, for a Max of 500 New Jobs to be Created by 12/31/2026; Apv & Auth the Execution of Docs by the Mayor, or His Designee, & Corp Sec; Auth Apv of Technical Amends by the Exec Dir of the Off of Economic Dev (“OED”); Prov for Oversight by the OED; Waiver of That Portion of the Pub Investment Policy Adopted by Ord 2016-382-E, as Amended, to Auth the TI Grant, which is not Auth by the Public Investment Policy; Req 2-Reading Passage Pursuant to Council Rule 3.305 (Sawyer) (Introduced by CP at Req of Mayor) 6/14/22 CO Introduced: F, R 6/22/22 F Amend/Approve 6-0 6/22/22 R Amend/Approve 5-1 (Diamond) 6/28/22 CO Amend/Approve 17-1 (Diamond) AMENDMENT 1. Pg. 1, line 17: insert “the execution of documents by” after “authorizing” 2. Pg. 5, line 17: correct capital investment amount to $1,300,000 3. Place revised agreement on file to correct scrivener’s errors and to clarify: (1) retained jobs are located within the MSA, (2) calculation of annual grant payment, and (3) default language 14. 2022-0450 ORD-MC Re Chapt 117 (Grants), Ord Code; Amend Sec 117.101 (Intent), 117.102 (Application), 117.105 (Records), & 117.108 (Cash Overmatch on Grant to be Disclosed) to Include Definitions & Provisions for Private Grants & Creating New Secs 117.111 (State & Federal Awards to Follow Uniform Procurement Rules or Procurement Code) & 117.112 (Reporting), Chapt 117 (Grants), Ord Code (Johnston ) (Introduced by CM Diamond) 6/14/22 CO Introduced: NCSPHS, F 6/21/22 NCSPHS Read 2nd & Rerefer 6/22/22 F Read 2nd & Rerefer 6/28/22 CO PH Read 2nd & Rerefer: NCSPHS, F Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601- 6/28/22 Page 12 of 18 Finance Committee Agenda - Revised Marked June 22, 2022 15. 2022-0451-E ORD Auth the Mayor, or his Designee, & Corp Sec to Execute & Assistan t C o u n c i l Deliver, a 2nd Amend to the Agrmt btwn the COJ & We Care Jax, Inc. Auditor P h i l l i p to Retroactively Extend the Svcs Contract for the JaxCareConnect Prog Peterson explained to 9/30/2022; Prov for Oversight by the Office of Grants & Contract the e m e r g e n c y Compliance; Req 1 Cycle Emerg Passage (Johnston) (Introduced by request. CM Boylan CM Boylan) described the work of 6/14/22 CO Introduced: NCSPHS, F the agency and its 6/21/22 NCSPHS Emergency/Approve 7-0 success in getting 6/22/22 F Emergency/Approve 6-0 people connected to 6/28/22 CO Emergency/Approve 18-0 ongoing health care Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601- 6/28/22 services. 16. 2022-0452 ORD Apv & Auth the Chief Exec Officer of the DIA, or Her Designee, to Execute a Redev Agrmt (“Agreement”) btwn the DIA (“DIA”) & 323 E Bay Street RE LLC (“Developer”), to Support the Reno & Rehab by Developer of a Historic Bldg Located at 323 E. Bay St (“Project”); Auth 3 Downtown Preservation & Revitalization Prog (“DPRP”) Loans, in the Aggregate Amt not to Exceed $1,536,350.00, to the Developer in Connection with the Proj, to be Approp by Subsequent Legislation; Desig the DIA as Contract Monitor for the Agrmt; Prov for Oversight of the Proj by the DIA; Auth the Execution of all Docs Relating to the Above Agrmt & Transactions, & Auth Technical Changes to the Docs (Dillard) (Introduced by CP at Req of DIA) 6/14/22 CO Introduced: NCSPHS, F 6/21/22 NCSPHS Read 2nd & Rerefer 6/22/22 F Read 2nd & Rerefer 6/28/22 CO PH Read 2nd & Rerefer: NCSPHS, F Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601- 6/28/22 17. 2022-0453 ORD Apv & Auth the Mayor, or his Designee, & Corp Sec to Execute & Deliver that Certain Purchase & Sale Agrmt (the “Agreement”) btwn the COJ & Rawls Ranch, Inc., & All Closing & Other Docs Relating Thereto, & to Otherwise Take All Necessary Action to Effectuate the Purposes of the Agrmt for Acquisition by the City of an Approx 5.39± Acre Parcel Located at 0 Cedar Pt Rd, located in Council Dist 2 (R.E. # 159845-0000) (the “Property”), at the Negotiate Purchase Price of $551,000.00, to be Developed as the New Site for Fire Station 76; Prov for Oversight of Acquisition of the Propty by the Real Estate Div of the Public Works Dept & Thereafter by JFRD (Staffopoulos) (Introduced by CP at Req of Mayor) 6/14/22 CO Introduced: NCSPHS, F 6/21/22 NCSPHS Read 2nd & Rerefer 6/22/22 F Read 2nd & Rerefer 6/28/22 CO PH Read 2nd & Rerefer: NCSPHS, F Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601- 6/28/22 Page 13 of 18 Finance Committee Agenda - Revised Marked June 22, 2022 18. 2022-0455 ORD Approp $477,324.00 from Duval Co Tax Collector Investment Pool Earnings to Pay for Completion of Surveillance Sys Upgrades & Install of Security Badge Access Systems at Various Tax Collector Facilities; Prov for Carryover of Funds into FY 22-23 (B.T. 22-084) (Staffopoulos) (Introduced by CP at Req of Mayor) 6/14/22 CO Introduced: NCSPHS, F 6/21/22 NCSPHS Read 2nd & Rerefer 6/22/22 F Read 2nd & Rerefer 6/28/22 CO PH Read 2nd & Rerefer: NCSPHS, F Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601- 6/28/22 19. 2022-0456 ORD Approp $900,000.00 from the Drainage System Rehab Capital Improvemts Proj to the Myrtle Ave Stormwater Pump Replacement Proj (the “Project”) to Offset Higher than Est Costs for Completion of the Proj, Amend the 2022-2026 5-Yr CIP Apvd by Ord 2021-505-E to Reflect this Approp of Funds from the Drainage Sys Capital Improvemts Proj to the Myrtle Ave Stormwater Pump Replacement Proj (B.T. 22-083) (Staffopoulos) (Introduced by CP at Req of Mayor) 6/14/22 CO Introduced: TEU, F 6/21/22 TEU Read 2nd & Rerefer 6/22/22 F Read 2nd & Rerefer 6/28/22 CO PH Read 2nd & Rerefer: TEU, F Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601- 6/28/22 20. 2022-0457 ORD Approp $500,000 from Within the Solid Waste Disposal Fund to Pay Addl Temp Labor & OT Expenses for Residential Solid Waste Collections in FY 21-22 (B.T. 22-087) (Staffopoulos) (Introduced by CP at Req of Mayor) 6/14/22 CO Introduced: NCSPHS, TEU, F 6/21/22 NCSPHS Read 2nd & Rerefer 6/21/22 TEU Read 2nd & Rerefer 6/22/22 F Read 2nd & Rerefer 6/28/22 CO PH Read 2nd & Rerefer: NCSPHS, TEU, F Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601- 6/28/22 Page 14 of 18 Finance Committee Agenda - Revised Marked June 22, 2022 21. 2022-0458 ORD Apv & Auth the Mayor, or His Designee, & Corp Secretary to Execute & Deliver a 1st Amend to Rdvlpmt Agrmt by & Among the COJ, the DIA, and Johnson Commons LLC; Revising the Net Rev Threshold Above which Sales Proceeds will be Split btwn the Company & the City; Apv & Auth Execution of Docs by the Mayor and Corp Secretary; Auth Apvl of Tech Amends by the CEO of DIA; Timeline for Execution of Amend by the Company (Dillard) (Introduced by CP at Req of DIA) 6/14/22 CO Introduced: NCSPHS, F 6/21/22 NCSPHS Read 2nd & Rerefer 6/22/22 F Read 2nd & Rerefer 6/28/22 CO PH Read 2nd & Rerefer: NCSPHS, F Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601 – 6/28/22 22. 2022-0460 ORD-MC Amend Ord 2021-286-E to Replace Revised Exhibit 1 to Correct Accounting Codes (B.T. 22-080) (Staffopoulos) (Introduced by CP at Req of Mayor) 6/14/22 CO Introduced: NCSPHS, F 6/21/22 NCSPHS Read 2nd & Rerefer 6/22/22 F Read 2nd & Rerefer 6/28/22 CO PH Read 2nd & Rerefer: NCSPHS, F Public Hearing Pursuant to Chapt 166, F.S. & C.R. 3.601- 6/28/22 23. 2022-0473 RESO Upon an Acknowledgement of Due Auth & the Making of Findings, Apv the Issuance by the JHFA of its Multifamily Housing Revenue Bonds (Oak Hammock Apartments), Series 2022, in an Aggregate Principal Amt Not to Exceed $26,247,100 for the Purpose of Financing all or a Portion of the Costs Related to the Acquisition & Rehab of a Multifamily Residential Housing Facility for Persons or Families of Low, Middle or Moderate Income, to be Located at 500 Acme St, Jax, Duval Co, FL, 32211, & to be Commonly Known As “Oak Hammock Apartments”; Determining Credit not Being Pledged (Hodges) (Introduced by CP at Req of JHFA) 6/14/22 CO Introduced: NCSPHS, F, R 6/21/22 NCSPHS Read 2nd & Rerefer 6/22/22 F Read 2nd & Rerefer 6/22/22 R Read 2nd & Rerefer 6/28/22 CO Read 2nd & Rerefer: NCSPHS, F, R Page 15 of 18 Finance Committee Agenda - Revised Marked June 22, 2022 24. 2022-0474 RESO Upon an Acknowledgement of Due Auth & Making of Findings, Apv the Issuance by the JHFA of its Multifamily Housing Revenue Bonds (Mandarin Trace Apartments), Series 2022, in an Aggregate Principal Amt not to Exceed $22,631,400 for the Purpose of Financing all or a Portion of the Costs Related to the Acquisition & Rehab of a Multifamily Residential Housing Facility for Persons or Families of Low, Middle or Moderate Income, to be Located at 3960 Old Sunbeam Rd, Jax, Duval Co, FL 32257, & to be Commonly Known as “Mandarin Trace Apartments”; Determining Credit not Being Pledged (Hodges) (Introduced by CP at Req of JHFA) 6/14/22 CO Introduced: NCSPHS, F, R 6/21/22 NCSPHS Read 2nd & Rerefer 6/22/22 F Read 2nd & Rerefer 6/22/22 R Read 2nd & Rerefer 6/28/22 CO Read 2nd & Rerefer: NCSPHS, F, R 25. 2022-0476-E ORD Approp $1,127,609.25 from the FRCP Fire Stations Capital Projs - Assistan t C o u n c i l Fire Control/Fire Station #64 (New) – DM Land Acct to the FRCP Fire Auditor P h i l l i p Stations Capital Projs - Fire Control/Fire Station #64 (New) – DM Other Peterson and Fire Construction Costs Acct to Prov Funds to Complete Construction of Fire Chief P o w e r s Station #64; Amend the 2021-2025 5-Yr CIP Apvd Ord 2021-505-E to explained t h e Prov Addn’l Funding for the Proj Entitled “Fire Station #64 (New);” Req 1 emergency request. Cycle Emerg Passage (B.T. 22-089) (McCain) (Introduced by CP at Req of Mayor) 6/14/22 CO Introduced: NCSPHS, F 6/21/22 NCSPHS Emergency/Approve 7-0 6/22/22 F Emergency/Approve 7-0 6/28/22 CO PH Emergency/Approve 18-0 Public Hearing Pursuant to Chapt 166, F.S. & CR 3.601 – 6/28/22 Page 16 of 18 Finance Committee Agenda - Revised Marked June 22, 2022 Council Auditor’s Office 2022-449 One or Two Read Resolution – Two Date provided to Council Auditor – 6/8/22 Company Name – Allegis Group, Inc. Project Locations – 7077 Bonneval Rd., 10375 Centurion Parkway N., 10401 Deerwood Park Blvd., and 10752 Deerwood Park Blvd. S. Incentives Provided – $750,000 Targeted Industry Grant from City ($1,500/job for up to 500 jobs) Number of Jobs to be Created – 500 jobs Performance Schedule – • 100 new jobs no later than Dec. 31, 2022 • 100 new jobs no later than Dec. 31, 2023 • 100 new jobs no later than Dec. 31, 2024 • 100 new jobs no later than Dec. 31, 2025 • 100 new jobs no later than Dec. 31, 2026 • Average wage – $53,000 plus benefits as required by the grant agreement Number of Jobs to be Retained – 715 jobs Capital Investment – $1,300,000 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 Targeted Industry grant • If the Company fails to satisfy the new job and/or wage requirements within the timeframes set forth in the performance schedule, the City’s annual payment will be pro-rated based on actual number of jobs created and actual wages • If the Company fails to retain the Retained Jobs and create a minimum of 400 New Jobs by December 31, 2026, the entire amount of the TI Grant paid to the Company must be repaid to the City ROI – 0.83 over a 10 year period as calculated by OED Waives the Public Investment Policy in order to authorize an incentive not contemplated by the policy Page 17 of 18 Finance Committee Agenda - Revised Marked June 22, 2022 NOTE: The next regular meeting will be held July 19, 2022. *****Note: Items may be added at the discretion of the Chair.***** 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 18 of 18