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Agenda 02-24-14 The City ofBoynA Beach FINANCIAL ADVISORY COMMITTEE MISSION STATEMENT THE FINANCIAL ADVISORY COMMITTEE'S GENERAL RESPONSIBILITY IS REVIEWING THE IMPACT OF EXISTING OR PROPOSED LEGISLATIVE AND ADMINISTRATIVE DECISIONS ON THE CITY'S BUDGET, REVENUE SOURCES, AND OPERATIONAL EXPENDITURES. THE COMMITTEE IS RESPONSIBLE TO MAKE RECOMMENDATIONS THAT MAY FAVORABLY IMPACT THE CITY'S BUDGET AND OVERALL FINANCIAL CONDITION OF THE CITY. MEETING OF MONDAY, FEBRUARY 24, 2014 @ 6:00 — 8:00 P.M. LIBRARY CONFERENCE ROOM A THE COMMITTEE MAY ONLY CONDUCT PUBLIC BUSINESS AFTER A QUORUM HAS BEEN ESTABLISHED. IF NO QUORUM IS ESTABLISHED WITHIN TWENTY (20) MINUTES OF THE NOTICED START TIME OF THE MEETING, THE CITY CLERK OR DESIGNEE WILL SO NOTE THE FAILURE TO ESTABLISH A QUORUM AND THE MEETING SHALL BE CONCLUDED. COMMITTEE MEMBERS MAY NOT PARTICIPATE FURTHER EVEN WHEN PURPORTEDLY ACTING IN AN INFORMAL CAPACITY. AGENDA • Call to Order — Steven Grant, Chair • Should any members not be able to make the meeting; contact Tim Howard ( HowardTaftfl.us ) or (561) 742 -6311 by 1 pm Monday as the meeting may be cancelled for lack of a quorum. • Introduction of Christine Stella, Regular Member • Approval of January 13, 2014 Minutes (Copy attached) — Kindly review in advance of meeting • Other Business • Updated List of Committee Members — see attached • Discussion of Vacant Lot List previously sent (copy attached) • Discussion of Study Topics (copy attached) • City Services Survey — Discussion of Questions • Adjournment Currently scheduled future meeting dates - Targeted for 2 nd and 4 Monday of each month: • Monday, March 10, 2014 — 6:00 PM (Steven Grant will be absent) • Monday, March 24, 2014 — 6:00 PM • Monday, April 14, 2014 - 6:00 PM S: \Finance \Financial Advisory Committee \Agenda\Agenda - 02- 24- 14.doc Bldg. & Grounds Site Member SITES IDs FP/NW /001 Ed Meadows - Nautica Sound Park FP/NW /002 Gary Nickels Road Park FP/NW /003 Jeff Quantum Park FP/NW /004 Steven Winchester Park FP /SW /001 Dolores FPL Park 195 & south of Golf Road FP /SW /002 Steven Girl Scout Park I95 & Cha elhill Drive; entrance off of Sunset FPISW /003 Gary Woolbri ht Place (L-shaped Lot on SW 1st Court off of SW 8th Street FP /SW /004 Jeff Parcel west of Fire Station 42 LTINE /001 Gary LOT 1114 NE 2nd Street (PCN 08- 43- 45- 21 -22- 004 -0103) LT/NE /002 Gary LOT 1116 NE 2nd Street (PCN 08- 43- 45- 21 -22- 004 -0102) LT/NE /003 Gary LOT 1118 NE 2nd Street PCN 08- 43- 45- 21 -22- 004 -0104 LT/NE /004 Gary LOT on NE 3rd Street just south of 404 E. MLK Jr. Blvd. (PCN 08-43-45-21-18-000 - 1540 LT/NE /005 Gary LOT on NE 3rd Street the 2nd lot south of 404 E. MLK Jr. Blvd. (PCN 0 -43 45- 21- 18 -000- 1550 LT/NE /006 Gary LOT on NE 4th Street on NE Corner of NE 1 st Avenue (PCN 08- 43- 45 -28 -03 -001 -0080) LT/NE /007 Steven LOT between 238 & 250 NE 7th Avenue (PCN 08- 43- 45- 21 -36- 000 -0400) LT/NE /008 Steven LOT east of 339 East Martin Luther King Jr. Blvd./NE 10th Avenue (PCN 08 43- 45- 21 -27- 001 -0090 LT/NE /009 Steven LOT on SW Corner of NE 11th Ave & NE 2nd Street PCN 08- 43- 45- 21 -22- 003 -0011 LT/NE /010 Steven LOT @ 319 NE 12th Avenue between 317 & 323 NE 12th Avenue (PCN 08-43-45-21-20- 002 -0182 LT/NE /011 Steven LOT on NE 12th Avenue (PCN 08- 43- 45- 21 -20- 004 -0200) LT/NE /012 Steven Animal Shelter Site A 415 NE 4th Street LT/NW /001 Jeff LOT A 1100 NW 1st Street (PCN 08- 43- 45- 21 -17- 003 -0010) LT/NW /002 Jeff LOT on NW 1st Street just north of 2221 NW 1st Street (PCN 08- 43- 45- 16 -01- 022 -0381) LT/NW /003 Jeff LOT on NW 1st Street, the triangle just south of 2221 NW 1st Street (PCN 08-43-45-16-01- 022 -0400 LT/NW /004 Jeff LOT on NW 4th Avenue just east of 219 NW 4th Avenue (PCN 08-43-45-21-07-002 - 1600 LT/NW /005 Jeff LOT on NW 4th Avenue just west of 219 NW 4th Avenue (PCN 08-43-45-21-07-002 - 1620 LT/NW /006 Jeff LOT on NW 5th Street on SE corner of NW 11th Avenue (PCN 08- 43- 45- 21 -14- 000 -2690) LT/NW /007 Ed LOT 103 NW 8th Avenue PCN 08- 43- 45- 21 -07- 004 -1470 LT/NW /008 Ed LOTS @ W. Martin Luther King Jr. Blvd./NW 10th Avenue ( 4112 - PCN 08-43-45-21-09- 000- 0012, #118- 08- 43- 45- 21 -09- 000 - 0011.& 4124 - 08- 43- 45- 21 -09- 000 -0031 LT/NW /009 Ed LOT @ 147 W. Martin Luther King Jr. Blvd./NW 10th Avenue (PCN 08-43-45-21-25-001 - 0240 LT/NW /010 Ed LOT @ 153 W. Martin Luther King Jr. Blvd./NW 10th Avenue (PCN 08-43-45-21-25-001 - 0250 LT/NW /011 Ed LOT @ 215 W. Martin Luther King Jr. Blvd./NW 10th Avenue (PCN 08-43-45-21-17-001 - 0010 LT/NW /012 Dolores LOT 116 NW 11th Avenue PCN 08- 43- 45- 21 -19- 000 -0150 LT/NW /013 Dolores LOT 134 NW 11th Avenue PCN 08- 43- 45- 21 -19- 000 -0100 LT/NW /014 Dolores LOT 144 NW 11th Avenue PCN 08- 43- 45- 21 -19- 000 -0080 LT/NW /015 Dolores LOT 134 NW 11th Avenue PCN 08- 43- 45- 21 -19- 000 -0070 • ... LT/NW /016 Dolores LOT 154 NW 11th Avenue PCN 08- 43- 45- 21 -19- 000 -0090 LT/NW /017 Dolores LOT on NW 11th Avenue on SW corner of Seacrest Blvd. (PCN 08-43-45-21-24-000 - 0101 LT/NW /018 Dolores LOT on Seacrest Blvd. just south of lot on NW 11th Avenue (PCN 08-43-45-21-24-000 - 0103 LT/NW /019 Steven LOT 905 N. Seacrest Blvd. (PCN 08- 43- 45- 21 -07- 004 -1460) LT/NW /020 Steven LOT on NW 5th Street between 1621 & 1611 NW 5th Street (PCN 08-43-45-16-01-044 - 0052 ); Note: PAPA has address as NE. LT/NW /021 Jeff Lot north of Fire Station 45 PCN 08- 43- 45- 16 -34- 000 -0820 LT/NW /022 Jeff Old Landfill PCN 00- 43- 45- 11 -00- 000 -5020 LT/NW /023 Gary Rolling Green Mun. Complex (RGMC) - 515 NW 15th Court (Entrance off of NW 14th Ave. LT /SW /001 Steven LOT on SW 3rd Avenue just west of 730 SW 3rd Avenue (PCN 08- 43- 45- 29 -01- 020 -0071) LTISW /002 Steven LOT on SW 24th Avenue including along the wall. (PCN 08- 43- 45- 32 -01- 002 -0110) LTISW /003 Gary LOTS North & South of of Mission Hill Road and just East of LWDD -FA Canal (PCN 08- 43-46-05-00- 000 -1020 Ed Golf course Dolores Pools — John Denson MINUTES OF THE FINANCIAL ADVISORY COMMITTEE MEETING HELD ON MONDAY, JANUARY 1, 2014, AT 6:00 P.M., IN THE CITY LIBRARY, ROOM A 208 S. SEACREST BLVD., BOYNTON BEACH, FLORIDA PRESENT: Steven Grant, Chair (Arrived 6:29 p.m.) Tim Howard, Finance Director Jeffrey Grady, Vice Chair Gary Dunmyer Dolores Schlesselman Fakhry "Ed" Boulos 1 Call to Order • Should any members not be able to make the meeting; contact Tim Howard (HowardT@bbfl.us) or (561) 742-6311 by 1 pm Monday as the meeting may be cancelled for lack of a quorum. Vice Chair Grady called the meeting to order at 6:12 p.m. Roll call followed. A quorum was present. 2. Approval of December 9, 2013 Minutes Motion Mr. Dunmyer moved to approve the minutes. Ms. Schlesselman seconded the motion that unanimously passed. 3. Other Business a. Update from Chair on City Commission Meeting of January 7, 2014 In the absence of the Chair, Mr. Howard explained the agenda item containing various ideas for the Committee to research went before the City Commission and Chair Grant made a presentation. Commissioner Fitzpatrick suggested establishing a 501 (C) entity to assist other organizations in raising funds. b. List of Study Topics, including Commissioner suggested topic (Attached) Mr. Howard explained the City Commission was fine with the City Services Survey, review of vacant buildings/land and their potential uses and alternative energy sources. MEETING MINUTES FINANCIAL ADVISORY COMMITTEE BOYNTON BEACH, FL JANUARY 13, 2014 They did not discuss the analysis of the residential versus commercial tax base item so Mr. Howard left it on the matrix and the suggestion from Commissioner Fitzpatrick. The other suggestions were not discussed and were removed from the list. Ms. Schlesselman explained Chair Grant, in his presentation, was very clear about what the Committee had accomplished and what it is doing. It appeared some Commissioners did not understand the role of the Committee, but were open to the Committee taking suggestions and pursuing them. The City Services Survey was approved. The City Manager suggested the Committee work with the Communications Manager to market the survey since she also handles social media. The Mayor was interested in information about unused buildings. Carisse LeJeune, the Assistant City Manager, explained the Capital Improvements Plan (CIP) was approved but there were several projects in the Plan staff wanted to work. It was thought the Committee could assist staff with determining any of their financial projects. The Climate Action Plan was a general Plan, but there were sections pertaining to water, different energy sources and more, each having actions needing to be done. Some items were specific such as HVAC retrofitting and educational programming. The City Manager had suggested the Committee contact Carisse LeJeune, who oversees the Climate Action Plan. She would be familiar with the issues and goals. The Plan was created in 2008 and adopted by the City Commission. It is also on the City's website. It is a long -range plan to lower greenhouse gases. Ms. Schlesselman had reviewed the enabling Ordinance for the Committee and inquired if the non - profit was something they would work on from beginning to end. Mr. Howard thought the Committee could work on it and report back to the City Commission as it had not been reviewed by staff. Ms. Schlesselman asked what the City Commission would vote on when the Committee reviewed the initiative and if they would form a new committee. Mr. Howard understood the City Commission would task someone or group with establishing a 501 (C) 3 entity. They would have to put together the guidelines how it would be run. Mr. Howard noted funding was a concern for many cities because employees have restrictions as far as fundraising. Some cities have different solutions. SunFest was originally under the City of West Palm Beach when it started 25 years ago and it got to the point they could no longer expand the event because they could not obtain sponsorships, so they established an entity that administered SunFest. Pursuing this option was not uncommon, even in the military. Mr. Howard was uncertain whether an entity could be created that was broad enough to encompass the intent of the issue, or if it would be an umbrella over parks or events. (Chair Grant arrived 6:29 p.m.) 2 MEETING MINUTES FINANCIAL ADVISORY COMMITTEE BOYNTON BEACH, FL JANUARY 13, 2014 Chair Grant briefly conveyed to the City Commission the Committee needed guidance from them. Commissioner Fitzpatrick had discussed a non-profit organization; however, Chair Grant learned the City has the Greater Boynton Beach Foundation as their non- profit umbrella. There was discussion about alternative energy and learned Carisse LeJeune was reviewing solar panels and wind turbines. There was also discussion about using land near the Golf Course for alternative energy. The Financial Advisory Committee's main goal was to make recommendations to the City Commission. They can research alternative energy and talk to employees at the Golf Course. Vice Mayor Hay agreed vacant land and properties could be reviewed. A list would need to be drafted and parcels identified. He did not know if each member had their own topic, or one topic that would be split. Mr. Howard explained the Greater Boynton Beach Foundation was formed to help subsidize the Barrier Free Park on Congress Avenue. He did not know what the By- Laws indicated. It was intended to accept donations for future purchases of additional playground equipment at the Park. The first task would be to review how the Foundation was established. He suggested having one of the Board of Directors attend a meeting. Discussion followed the Foundation had one goal, which was the Barrier Free Park, but there could be others. Mr. Howard noted an Advisory Committee can approach the City Commission about other issues, while the City Services Survey was ongoing. He recognized not all topics and ideas were associated the survey. As for the non-profit agency, if the Financial Advisory Committee thought it did not work well, they would report their findings to the Commission. If the Foundation was reviewed and it could accommodate other City needs, the Financial Advisory Committee could report that the City Commission may be able to use them. Chair Grant noted non-profits have tax codes and there were no accountants on the Financial Advisory Committee to evaluate their impacts. He thought the Financial Advisory Committee should evaluate what is in place and consider making adjustments to it to make it work. It may be a simple charter adjustment. Chair Grant would approach the City with the items the Committee has and contact Carisse LeJeune, Eleanor Krusell, Scott Kline and go from there. At the next meeting, they will discuss their projects and if they can help them. Following that, the Financial Advisory Committee can determine who will handle which tasks and see what recommendations they can receive. Staff would be invited to the next meeting. Jeff Livergood would be contacted to discuss or provide information on vacant land and/or buildings and the City Manager would be contacted as she serves on the Foundation Board. 3 MEETING MINUTES FINANCIAL ADVISORY COMMITTEE BOYNTON BEACH, FL JANUARY 13, 2014 4. Adjournment Currently scheduled future meeting dates - Targeted for 2nd and 4 th Monday of each month: • Monday, January 27, 2014 — 6:00 PM • Monday, February 10, 2014 — 6:00 PM • Monday, February 24, 2014 — 6:00 PM Vice Chair Grady would be out of town on February 10 and the Chair would be out some time in March. Motion Vice Chair Grady moved to adjourn. Mr. Dunmyer seconded the motion that unanimously passed. The meeting was adjourned at 6:56 p.m. Jr' Catherine Cherry Minutes Specialist 140130 4 0 CITY OF BOYNTON BEACH Financial Advisory Committee - Study and Assignment Areas FY 2014 -15 Item Issue Department Contact Area I Assignment # I Initial Follow Up 1 City Services Survey City Mgr /Eleanor Krusell /Scott Kline 2 Review Vacant Bldg /Land and their potenital uses Public Works - Jeff Livergood 3 Evaluate Alternative Energy Sources for Bldgs and funding City Manager /Carisse LeJeune Analysis of Residential vs Commercial Tax base including resident property taxes as percentabge of per capita 4 income, compare to surrounding cities Budget - County Property Appraiser Viability of establishing non - profit organization to act as Commission umbrella organization for small and short lived community suggested 5 organizations. topic S: \Finance \Financial Advisory Committee \Work Area Topics - Assignments\ / FAC Study Topics for FY 2014 -15 Budget (01 -09 -14 Revision).xls / 1 7 Regulars - 2 Alternates Established per Ordinance No. 10 -009 Three -year terms for Regulars One -year terms for Alternates 2014 FINANCIAL ADVISORY COMMITTEE MEMBER EXPIRES PHONE PROFESSION (8) BOULOS, Fakhry 06/15 509 -6257 Gen. Mngr. 1809 Coastal Bay Blvd. Appt'd 2/19/13 boulos1809Ca a mail. corn ( 33435) (8) DUNMYER, Gary 06/16 649 -8938 Civil Engineer 84 Maple Lane Appt'd 4/16/13 gdunmyernbellsouth.net (33436) (Resigned 2/2/14) (11) GRADY, Jeffrey R. Vice Chair 06/14 275 -8140 Mktg & Dev Mngr 720 N. Broughton Cir Appt'd 10/2/12 ieffCa7leadmemedia.com (33436) (7) GRANT, Steven, Chair 06/15 561 - 880 -5529 Attorney 136 NE 3rd Avenue Appt'd 6/19/12 grantleaalfln- g mail. corn (33435) (12) STELLA, Christine 06/14 (917) 392 -7994 Finance Director 3712 Diane Drive (33435) Appt'd 02/18/14 christine.stellaCa7gmaiLcom OPEN 06/16 (9) SCHLESSELMAN, Dolores 06/16 699 -3275 Banker 710 SW 27 Terrace Appt'd 4/16/13 lorisletterbox(a7yahoo.com (33435) ALTERNATES (12) OPEN 06/14 (12) OPEN 06/14 CITY EMPLOYEE REPRESENTATIVE: Tim Howard, Finance Director 742 -6310 Lori LaVerriere, City Manager 742 -6013 (Back -up) At Least 5 regular members shall have one of the following qualifications: 1) Certified Public Accountant 2) Accounting Professional 3) Auditing 4) Certified Financial Planner 5) Investment Advisor 6) Insurance Professional (property /casualty or health) 7) Business Owner /Manager 8) MBA or MPA degree (with high levels of accountability /responsibilities with budget and organization oversight) 9) Banking 10) Pension Plan Management 11) Financial Planning & Management 12) Remaining four members may be at large Updated: 02/19/14 S: \CC \WP \BOARDS \LISTS \2014 Board Lists \FINANCIAL ADVISORY COMMITTEE.doc