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[00:00:05]

CALL THE MEETING TO ORDER. ROLL CALL CHAIR CAMPENNI SHROVE. REMEMBER BRECK VILLE? REMEMBER LEWIS? BOARD MEMBER MCCHRYSTAL MEMBER MOSER HERE. OKAY CAN I GET A STAND FOR THE PLEDGE, PLEASE? I PLEDGE ALLEGIANCE TO THE FLAG. OF THE UNITED STATES OF AMERICA. REPUBLIC FOR WHICH IT STANDS. ONE NATION UNDER GOD, VISIBLE JUSTICE. I GET A MOTION TO APPROVE THE AGENDA. SO MOVED

[APPROVAL OF AGENDA]

SECOND. OKAY? ALL IN FAVOR. AYE. CAN I GET AN APPROVAL OF THE MINUTES? SO MOVED I'M GONNA 2ND

[APPROVAL OF MINUTES]

2ND. ALL IN FAVOR. QUE COMMENTS FROM THE PUBLIC OR NON AGENDA ITEMS. SEEING NONE. COMMENTS BY

[COMMENTS BY BOARD MEMBERS (Non-Agenda Items)]

BOARD MEMBERS ON ANY KNOWLEDGE AND ITEMS, FRANK APOLOGIZE NOT BEING HERE LAST MONTH. IT WAS KIND OF IRRITATING WAS OUT. ON THE WAY TO ILLINOIS. AND, UH, I REALIZED THAT. I SHOW UP TO MOST OF THE MEETINGS ARE MOSTLY ALL OF THEM. FOR MINUSCULE. DRIBBLE. AND THEN THE ONE THAT HAPPENS TO BE. IMPORTANT, I MISS. SO I REGRET THAT IT'S THE FIRST TIME I EVER RECEIVED. UH NEGATIVE PHONE CALLS. I MEAN THAT THAT MESSAGES LEFT ON ON MY PHONE ABOUT UH, BOTH BOTH THOSE DECISIONS MADE UM. PEOPLE ON SEMINOLE STREET THAT I KNOW VERY IRRITATED. AND THEN MY OWN PERSONAL OPINION ON THE HOTEL IS IT SEEMS LIKE WE SPENT A LOT OF MONEY AND TIME AND EFFORT.

TURNING THE CITY UM EVERYTHING. NORTH. OVER THIS SIDE OF US ONE. WHATEVER DIRECTION IT IS INTO YOU KNOW, IT'S QUAINT, LITTLE ARTSY FARTSY. WALKABLE. UH QUITE LITTLE TOWN FOR TOURISTS. IT JUST SEEMS LIKE PUTTING A FOUR STORY BUILDING. WHERE THE HOTEL IS. YOU KNOW, PROPOSED TO GO BECAUSE TOTALLY AGAINST WHAT WE'RE TRYING TO DO. AND, UH IT WOULD BE MY HOPE THAT WE KEEP BEFORE STORY DENSITY. AND ALL THE CHAOS THAT IT CREATES. HOPEFULLY US ONE AND THE OTHER SIDE OF US ONE. I THINK AT THIS POINT, IT'S THE BEST WE CAN DO ALL WE CAN DO. OKAY THAT'S ALL I

[2. SAILFISH COVE PUBLIC ART MINOR URBAN CONDITIONAL USE APPROVAL (RC): RESOLUTION No. 03-2023 CRB; A RESOLUTION OF THE COMMUNITY REDEVELOPMENT BOARD OF THE CITY OF STUART, FLORIDA, GRANTING A MINOR URBAN CODE CONDITIONAL USE APPROVAL FOR PUBLIC ARTWORK REQUIRED AS A CONDITION OF DEVELOPMENT FOR THE SAILFISH COVE UPUD LOCATED AT 41 SEMINOLE STREET IN THE CITY OF STUART, AS DESCRIBED WITHIN THE ATTACHED LEGAL DESCRIPTION; GRANTING APPROVAL TO INSTALL AN PUBLIC ART IN FRONT OF THE BUILDING ON SEMINOLE STREET AND DECORATIVE FENCE ALONG THE PUBLIC PEDESTRIAN BOARDWALK ON THE EAST PROPERTY LINE FACING THE ST. LUCIE RIVER; PROVIDING AN EFFECTIVE DATE; PROVIDING FOR CONDITIONS OF APPROVAL; AND OTHER PURPOSES. ]

GOT. THANK YOU, FRANK. ALL RIGHT. ACTION ITEMS FIRST, TOO SELFISH COVE PUBLIC ART MINOR URBAN CONDITIONAL USE APPROVAL. RESOLUTION NUMBER 03 2023. OF THE CRB RESOLUTION OF THE COMMUNITY REDEVELOPMENT BORDER. THE CITY OF STUART, FLORIDA, GRANTING A MINOR URBAN COLD, CONDITIONAL USE APPROVAL FOR PUBLIC ARTWORK. REQUIRED AS A CONDITION OF DEVELOPMENT FOR THE SAILFISH COVE UPU D, LOCATED AT 41 SEMINAL STREET IN THE CITY OF STEWART, AS DESCRIBED WITHIN THE ATTACHED LEGAL DESCRIPTION, GRANTING APPROVAL TO INSTALL. PUBLIC ART IN FRONT OF GUESS I SHOULD WEAR MY GLASSES, SHOULDN'T I? UM, FOR THE GRANTING APPROVAL TO INSTALL IN PUBLIC IN FRONT OF THE BUILDING ON SEVEN ALL STREET AND DECORATIVE FENCE ALONG THE PUBLIC PEDESTRIAN WARD WALK ON THE EAST PROPERTY LINE FACING THE ST LUCIE RIVER, PROVIDING AN EFFECTIVE DATE, PROVIDING FOR CONDITIONS OF APPROVAL AND OTHER PURPOSES, JODY GIVE ME ANY GOOD EVENING, MEMBERS OF THE BOARD AND MANY DEVELOPMENT. UM TONIGHT I'M GOING TO HAVE MARCELA PRESENT THE ITEM JUST FOR THE RECORD. THIS WAS NOTED. UH WAS POSTED TO SIGN WAS POSTED ON NOVEMBER 20TH AND NOTICES WERE MAILED TO 55. RESIDENTS WITHIN THE ADJACENT AREA WITHIN 300 FT.

THE STAFF DID NOT RECEIVE ANY PROPONENTS OR OR, UM ANY OPPOSITION. THANK YOU. GOOD EVENING BOARD MEMBERS. I DO HAVE PROOF OF NOTICE. BUT WE HAVE SUBMITTED THAT, UM TO STAFF.

MARCELA KIMBALL, OR FOR THE RECORD PRINCIPLE OF MARCELA CAMERON, ASSOCIATE AND HERE REPRESENTING THE APPLICANT. OWNER AND DEVELOPER GEORGE HEART. WHO HAS BEEN WITH US EVERY STEP OF THE WAY AS THIS, UM PROPERTY WAS ENVISIONED. UM SEMINAL ST 41 SEMINAR STREET AND

[00:05:07]

AS YOU'RE PLANNING DIRECTOR MENTIONED THIS IS A REQUEST TO ALLOW AND IMPROVE THE REQUIRED PUBLIC ART, WHICH IS ACTUALLY ALREADY THERE IF SOME OF YOU WERE HERE WHEN WE WENT THROUGH THE ORIGINAL APPROVALS, YOU MAY REMEMBER THAT WE DID TALK ABOUT THIS ART A LOT. THERE WAS A LOT OF JOKES BECAUSE THE ORIGINAL ART HAD THE SAME PRETTY MUCH DESIGN. YOU'LL SEE IT IN A MINUTE. THE BUILDING WAS ALWAYS CALLED SELFISH COVE. BUT I THINK I DID A RENDERING AND INSTEAD PUT SWORDFISH AND NOT A SELFISH AND SO THE SUGGESTION FROM BOTH THIS BOARD AND THIS YEAR THE COMMISSION WAS TO CHANGE THE NAME. BUILDING BUT INSTEAD WE CHANGED THE STATUTE. I THINK THE ISSUE WAS THAT THIS WAS AN URBAN P U. D AND WE DID GO THROUGH THE PRESENTATION AND SHOWED THE ART AND DISCUSSED IT DURING OUR MEETINGS. AND THEN AS A CONDITION OF THE PUY DE THERE WAS A CONNECTION BACK TO THE CODE TO ACTUALLY DO A SEPARATE APPLICATION FOR ART AND IN PUBLIC PLACES AND AS YOU KNOW, THERE'S BEEN MULTIPLE CHANGES OF STAFF AND THAT FELL THROUGH THE CRACKS. WE DIDN'T REALIZE. AND SO JODY PICKED UP ON THE FACT THAT THAT WAS A CONDITION WE HAD TO DO IT AND WE'RE HERE TO UM REMEDY THAT SO THIS WAS THE ORIGINAL RENDERING FOR THE BUILDING THAT HAD, UM. THE SWORDFISH AND THE BUILDING COMPLETED AND ALL UNITS ALL OF THEM OCCUPIED. THAT JUST SAID 638. UM. IF YOU RECALL RETAIL ON THE GROUND FLOOR OFFICES FRONTING ON SOMEONE ON THE SECOND FLOOR AND RESIDENTIAL FOR THE REMAINDER OF THE UNITS. AND YOU CAN SEE THE ORIGINAL FOUNTAIN THAT HAD A DIFFERENT KIND OF MARLON MARLON. NOT EVEN A SWORDFISH, MARLIN. I KNOW MY FRESH MARLIN CONE. THAT'S ALL MY FAULT. SWORDFISH NOW, BUT IT'S A ANYWAYS, IT'S A FISH AS PART OF OUR APPLICATION WE HAD COMMITTED NOT JUST TO DOING A FOUNTAIN OR, UM, THE STATUTE ON THE STREET SIDE, BUT ALSO A DECORATIVE FENCE ON THE WATERSIDE. GIVEN THAT THE PUBLIC BOARDWALK IS VERY VISIBLE FROM THE BACK. AND THE BOARDWALK. AND SO THIS IS THE NEW, UM DESIGN, WHICH DOES HAVE A SELFISH AND A TURTLE. IT WAS DONE BY ARTISTS JAY WILLIAMS , IT WAS PURCHASED FROM A LOCAL ARTIST BROKER HERE DOWNTOWN. UM, JUST A FEW IMAGES. THE DESIGN.

UM IT WAS DEEMED HEARTS AND APPROPRIATE WITHIN THE PARAMETERS OF THE CITY REQUIREMENTS BY THE ARTS COUNCIL. UM OUR APPLICATION ALSO REQUIRED THAT WE HAVE A LITTLE ZEN GARDEN INSIDE AND JUST TO MAKE SURE EVERYBODY KNOWS THAT ZEN GARDEN HAS BEEN APPLIED. IT IS VISIBLE ALSO FROM CERTAIN ANGLES ON THE STREET AND FROM THE WATER. AND THIS IF YOU HAVEN'T BEEN ON THE BOARDWALK IN AWHILE IS A VIEW OF THE DECORATIVE RAILING. UM ALL CUSTOM MADE. AND, UM. YES POWDER COATED. YOU WANNA YES. WHAT'S THAT? FROM THE LOCAL. SO WE TRIED TO KEEP ALL THE ART WITH LOCAL ARTISTS AND JUST ADDITIONAL VIEWS. THE POOR AREA.

AND HOW THAT WAS INSTALLED WITH UM, WITH POSTS THERE. WERE SIMILAR TO THOSE ON THE BOARDWALK AND ON PIERS AGAIN JUST TO TRY AND KEEP THEM MORE NATURAL. PERSPECTIVE FROM THIS SIDE. UM, IT DOES MEET THE ARCH THAT HAS BEEN INSTALLED, MEETS THE PROVISIONS OF THE CODE SECTION 301. AWAIT SEE, TOO, WHICH IS THAT THE ART? NEEDS TO BE AT LEAST 1% OF THE VERTICAL.

AH! COMPONENT OF THE COST OF SORRY OF THE COST OF THE VERTICAL COMPONENT. AND SO WITH THAT, UM I'LL OPEN IT UP FOR QUESTIONS. BUT AGAIN, OUR REQUEST IS TO APPROVE. ALL RIGHT. FOR THE CRB TO APPROVE THIS MINOR URBAN CODE CONDITIONAL USE THAT IS THE APPROVAL OF THE ART THAT IS REQUIRED WITH PROJECTS INSIDE OF THE C R. A. DO YOU HAVE QUESTIONS? I HAD JUST 21. CAN YOU FLIP UP THE CHART AGAIN ON THE COSTS? UM SO THIS. THE ART

[00:10:07]

THAT'S AROUND THE EDGE OF THE. THE PROJECT OUT THE EXIT FROM THE WHICH ONE IS THAT IS THAT THE SO THAT IS WE HAVE FISH ART THERE AND THE ORDINATE, UM, ARTISTIC FENCE. SO THE FIRST AND THE LAST LINE WE HAVE MULTIPLE OF THOSE INDIVIDUALLY DONE FISHES AND THE HANDMADE RAILING.

SO SO WE'RE SAYING BASICALLY IT WAS AN $8 MILLION COST PROJECT. 1% IS THE 81,000, RIGHT? WHAT WHAT MAKES THAT 30,000 ART VERSUS JUST DECORATIVE STUFF THAT'S GOING ON THE BUILDING.

THE ORIGINAL THE ORIGINAL ROUNDS . WE UPGRADED THE ORIGINAL RALLY SO THEY WOULDN'T HAVE AN ARTISTIC LOOK AND WE PUT THE FISH ON IT. SO WE HAD STANDARD RALLIES GOING UP, AND THEN WE CHANGE THOSE RAILINGS SO THAT THEY WHICH COSTS SIGNIFICANTLY MORE MONEY TO THE ROUNDS THAT ARE UP THERE NOW TO PUT THE FISH ON. SO IT'S A, YOU KNOW, PUT THE TWO TOGETHER JUST LIKE OUTFRONT WOULD BUILD THE PEDESTAL, BUT THE FISH ON CONCERNS IT INTO A NICE PIECE OF ART. SAME WITH THE ROUNDS. YOU KNOW? HOW DOES THAT HOW IS THE RAILING ART HOUSE? IT FIT IN WITH OUR WITH OUR CODE IN TERMS OF COUNTING. THAT IS ART ABOUT NANCY IN THE ARTS COUNCIL, SAYING IT'S ART. UM SO A COUPLE OF THINGS, YES. THE ARTS COUNCIL OF MARTIN COUNTY IS THE AUTHORITY TO I MEAN, OBVIOUSLY ARTISTS OBJECTIVE IN WHICH IS WHY THE CITY RELIES ON THE ARTS COUNCIL MARTIN COUNTY WHO HAS WRITTEN A LETTER AND DESCRIBED WHY THEY CONSIDER THIS ART. SECONDLY THIS IS NOT THE FIRST TIME THAT THE CITY OF STEWART WITHIN THE C R A UM CONSIDERS HANDMADE UNIQUE FENCES AS ART PIECES. YOU KNOW, IT'S NOT THE SAME AS GOING JUST TO A COMMON WELDER AND GETTING 48 INCH, UM, ALUMINUM FENCE. AND SO THIS IS ONE OF THE TYPES OF ART PROPOSALS THAT THE CITY ALLOWS AND ENCOURAGES IN THIS SERIES, SO LONG AS THEY ARE VISIBLE FROM THE PUBLIC REALM, RIGHT, SO I UNDERSTAND THAT AND I UNDERSTAND . SO MY QUESTION, THOUGH, WAS SO THE ARTS COUNCIL THEY SIGNED OFF ON THAT ON THAT FENCING IS AS ART IS THAT WHAT YOU'RE SAYING? WAS IT SPECIFICALLY, SON? IT'S NOT SOMETHING THAT IS MASS PRODUCED IS IT CAN'T BE DONE AND MORE THAN 50 OCCASIONS. IT HAS TO BE. THERE HAS TO BE A DESIGN COMPONENT FOR IT, SO YOU CANNOT GO ANYWHERE AND FIND THIS FENCE DONE ANYWHERE ELSE, OKAY? UM THAT WAS MY MAIN QUESTIONS RELATIVE TO THAT. SO THANK YOU APPRECIATE IT. YES. AS I WAS LOOKING THIS OVER, UM CAME ACROSS AGAIN. THE 10 OR TWO.

THERE'S A LIST OF SOMEONE COULD PULL THAT UP. FOR ME. THERE'S A LIST OF 10 OR 12. REQUIREMENTS NEEDED. FOR ART ON A BUILDING REQUIREMENTS THAT HAVE TO BE CHECKED OFF. YES THEY WERE ALL CHECKED OUT THE THAT YEAH, THAT LIST UP THERE. IT IS. IT'S ACTUALLY 1010. YES DID YOU PUT THAT WISHED I HAVE IT? BUT IF IT'S PART OF THE AGENDA, IT'S PAGE 21 OF YOUR AGENDA. PACKET IF YOU HAVE IT THERE, IF NOT, UM ASIA. OKAY? IF I COULD JUST SAY WHAT OUR GOAL WAS TO MAKE THIS SOMETHING THAT STEWART WOULD BE PROUD OF IT. I'VE BEEN DOING BILLS IN THIS CITY FOR OVER 20 YEARS BETWEEN MULLIGANS AND SELFISH COVE, AND WE WANTED TO BUILD SOMETHING THAT IT'S GOING TO LAST A LONG TIME. YOU'RE BEAUTIFUL THERE FOR A LONG TIME. SO WE TOOK THE TIME TO UPGRADE THE RAILINGS FRONT AND BACK AND WE YOU KNOW, WE SPENT A LOT OF EXTRA MONEY DOING THAT SO AND I THINK ABOUT BEAUTIFUL. WE DON'T AGREE THAT IT CAME OUT BEAUTIFUL LITTLE EXTRA TIME, BUT IN A LOT OF EXTRA MONEY, BUT AT THE END OF THE DAY CAME UP PRETTY NICE. YEAH, WE'RE PROUD OF IT FOR SURE. I'M PARTICULARLY PROUD THAT YOU CHANGED THE MARLIN TUNA SAILFISH. BIG FISHERMAN LIKE A LOT OF YOU GUYS. YOU KNOW, 10 POINTS? YES I WOULD HEART TRYING IN FRONT OF MULLIGAN'S. THAT WAS , YEAH, THAT WAS A LONG TIME, BUT I BOUGHT THAT AT AN AUCTION VERY INEXPENSIVELY AND SEND IT OUT. THAT'S PROBABLY KNEW THAT FISH WOULD HAVE BEEN $60,000, SO BRING IT UP, AND THEN SOMEBODY PAINTED FOR ME. OH, THERE IT IS. OKAY. IF YOU LOOK AT THOSE AUDIENCE IN FRONT OF THE BILL IS IT'S TREMENDOUS EXPENSE ON THE FARMS SPECIFICALLY, GO AHEAD SPECIFICALLY NUMBER EIGHT. I CAN'T READ IT FROM HERE. WOULD YOU READ IT? JODY PLEASE MAKE IT BIGGER. THE PROPOSED ARTWORK

[00:15:04]

REFLECTS CULTURAL DIVERSITY. THE PUBLIC ART PROPOSED RESPECTIVE BOTTOM. OKAY, SO. I'M ONLY BRINGING THIS UP BECAUSE WE'VE HAD ONE OTHER ISSUE ONE OTHER, UH, AGENDA ITEM LIKE THIS WHERE WE APPROVE SOME ARTWORK, WRAPPING SOME PLASTIC AROUND A PERFECTLY BEAUTIFUL BUILDING. ON THE OTHER SIDE OF THE RIVER, AND IT ALSO DID NOT CHECK THE BOX FOR CULTURAL DIVERSITY. SO CAN YOU TELL ME ABOUT YOU CHECKING THE BOX OF CULTURAL DIVERSITY WITH HIS ART THAT YOU HAVE IN AND AROUND YOUR BUILDING. AND IT'S OKAY BECAUSE IT DOESN'T BUT MY SO MY POINT IS, IF WE'RE NOT IF WE'RE NOT GOING TO USE NUMBER EIGHT, HOW DO WE GET RID OF IT? OKAY FRANK. I MEAN, YOU KNOW, WE'VE GOT A SWORDFISH SAILFISH. WE HAD A MODELING TURTLE. DIVERSITY WAS EXACTLY ONLY ONE AT A TIME. UM. GO AHEAD, SO YOU KNOW, IT IS TRICKY IN THE SENSE THAT, UM THE DECISION AT THE TIME THAT THIS WAS APPROVED BY THE COMMISSION AND APPROVED BY THE CRB. THAT THE ART HAD TO REFLECT SOMETHING THAT HAD TO DO WITH THE WATERFRONT. RIGHT AT THE TIME. WE WERE NOT DOING THIS ADDITIONAL AND SEPARATE APPLICATIONS, SO WE RESPONDED TO WHAT THE P U. D AND THE COMMISSION AND THE AND THE BOARD APPROVED. RIGHT NOW. WE'RE TRYING TO FIT INTO THIS AND I AM NOT GOING TO TRY AND MAKE AN EFFORT TO ARGUE THAT A FISH IS ABOUT RACE OR HIS MULTICULTURAL.

UM BUT IT'S YOU KNOW, IT'S I DON'T KNOW WHAT MAKES ART MULTICULTURAL. MAYBE IT'S SOMETHING THAT THE CITY NEEDS TO VISIT OR REVISIT. UM AS PART OF THIS APOLOGIZE, I JUST I JUST USE YOU AS IT WELL, I AM GLAD AS AN EXAMPLE THERE, OKAY, I THINK WHAT FRANK'S TRYING TO GET OUT AND YOU KNOW, OFTENTIMES WHAT COMES BEFORE YOU KNOW, THIS IS BEYOND THE 11TH HOUR. UM SO I DON'T KNOW THAT THERE'S A WHOLE LOT TO BE DONE HERE. BUT YOU KNOW, STAFF DOES WORK WITH APPLICANTS ALONG THE WAY. AND IF YOU KNOW FRANK'S BRINGING THIS TO LIGHT, I THINK FOR THE SECOND TIME UM MAYBE IT'S SIMPLY A GUIDANCE POINT TO STAFF TO SAY, HEY, YOU KNOW, MUSIC OR LOSE IT RIGHT. I MEAN TOUCH ON IT, AND YOU KNOW IN THE FUTURE, IT'S A VALID POINT. LIKE I SAID, I MEAN, WE, THE STAFF THAT WE WORKED WITH ON THIS. THE DESIGN AND THE BRINGING UP. NOBODY'S HERE AND SO, UM, KUDOS TO STAFF THAT THEY PICKED UP ON THE FACT THAT THERE WAS A DIFFERENT PROCESS THAT NEEDED TO BE DONE. WE SOURCED LOCALLY. AND SO OKAY. IS THERE ANY OTHER QUESTIONS FOR MARCELLA JUST JUST HAD ONE COMMENT. WELL LET ME MAKE A MOTION FIRST, AND WE'LL GO EMOTION. I MAKE A MOTION TO APPROVE THIS ROGER DISCUSSION. THANK YOU. THE I'M GONNA FOLLOW UP ON FRANK'S, AND IT WAS A COMMENT THAT I WAS GOING TO MAKE. ANYWAY IT DOESN'T REALLY HAVE TO DO WITH THIS PROJECT AND THE APPLICANT. BUT YOU KNOW, WE HAVE THIS ART REQUIREMENT RIGHT AT 1% OF AND I, AND IT'S LOOSE AS TO WHETHER COST. I DON'T KNOW THAT ANYBODY EVER VERIFIES THAT.

BUT WE GOT WE GOT THESE REQUIREMENTS. BUT THE THING THAT GETS ME IS IT SUPPOSED TO BE SOMETHING THAT'S HELPING THE ARTS COMMUNITY IN THE STEWART ARTS PROCESS, AND YET WE ALWAYS END UP WITH SOMEBODY WHO'S DOING SOME SORT OF A THING THAT'S ALREADY FAMOUS. AND THEY YOU KNOW, THEY'VE GOT BUNCHES OF THEM AROUND THE WORLD THAT, YEAH, THEY'RE GREAT, AND THEY'RE DEFINITELY WORTH THE MONEY. BUT YOU KNOW, I JUST DON'T FEEL LIKE THIS. 1% IS REALLY CONTRIBUTING TO THE ARTS COMMUNITY. I WOULD RATHER SEE THAT MONEY GOING INTO SOME KIND OF FUN THAT COULD PAY, YOU KNOW, SO I JUST THROW THAT OUT THERE. IT'S SOMETHING WE NEED TO LOOK AT. I THINK I'M JUST GOING TO SAY THAT THIS HAS BEEN DISCUSSED AD INFINITUM BY THIS BOARD. I WOULD SAY AT LEAST THREE TIMES SINCE I'VE BEEN ON IT. AND THE REASON WHY WE NOT ONLY US, BUT THE CITY FATHERS DECIDED THAT IT WOULD BE BETTER TO HAVE A CONSULTANT TO SIGN OFF ON IT. IS BECAUSE ART IS SO SUBJECTIVE. AND NICK AND I WENT AT IT ONE DAY BECAUSE I SAID, WHY DON'T WE JUST HAVE A FUN? JUST WHAT YOU SAID. AND NEXT. WELL BECAUSE OF THIS, THAT THE OTHER THING I AGREE WITH YOU NOW, NICK, I THINK THAT'S VALID. WHO IS SOMEONE THAT SAT IN GEORGIA'S POSITION AND, YOU KNOW, BUILT SOMETHING THAT REQUIRED PUBLIC ART. I MEAN, IF I'M GONNA SPEND $80,000 OR WHATEVER IT IS LIKE I WANT IT ON MY FRONT DOOR. YOU KNOW, I WANTED TO CONTRIBUTE TO MY YOU KNOW, WE HAVE A TREE MITIGATION FUND. WHEN'S THE LAST TIME? WE SPENT A DOLLAR YOU KNOW ON THAT

[00:20:01]

ABOUT A YEAR AGO. ON THE TREE MITIGATION FUNDING. WE DID SOMETHING WITH IT. ALL I'M SAYING IS THAT WHEN I'M A DEVELOPER, AND I WRITE A CHECK TO SOMEONE AT THE CITY I LOSE CONTROL WHERE THAT GOES. WHEN I PUT IT ON MY FRONT DOOR. I MAKE MY PROJECT BETTER. AND IF I GET AN EXTRA 10, CENTS OUT OF YOU KNOW, EVERY BURGER THAT I SELL, OR, YOU KNOW EVERY EVERY HOUSE THAT I SELL, OR WHATEVER IT IS THEN THEN I CAN, YOU KNOW, SLEEP A LITTLE BETTER AT NIGHT, SO I THINK WE CAN OFFER STAFF SOME GUIDANCE AND SAYING, LIKE, HEY, YOU KNOW, MAYBE PAY MORE ATTENTION TO NUMBER EIGHT OR YOU KNOW SOME OF THESE CRITERIA. UM YOU KNOW, IT'S NOT EASY TO GO OUT AND FIND YOU KNOW SOMEONE ON A STREET CORNER TO DO PUBLIC ART . I MEAN, I STRUGGLED WITH GAVIN LEE TO EVEN FIND SOMEONE TO CREATE THE KIND OF ART THAT I WAS LOOKING FOR. BECAUSE IT'S NOT A FISH. IT'S NOT A ESPECIALLY IN THOSE QUANTITIES. WHEN YOU WERE TALKING ABOUT LARGE PROJECT. YOU'RE TALKING ABOUT A LOT OF MONEY. AND SO IT'S IT BECOMES A CHALLENGE IN THAT RESPECT, BUT UM YOU KNOW? IF I WAS A MEMBER OF THE ART COMMUNITY, I MEAN, MY TWO YEAR OLD DRAWS BETTER THAN ME. SO YOU KNOW, I CAN'T SAY THAT I AM, BUT I WOULD BE AT THESE MEETINGS, YOU KNOW, LOBBYING TO GET THAT $80,000 THAT GEORGE HAS TO SPEND $50,000 THAT I HAD TO SPEND HOWEVER. TENS OF THOUSANDS OF DOLLARS THAT THE NEXT GUY'S GOT TO SPEND BECAUSE WHEN I WALK OUT OF THAT DOOR WITH A P U D APPROVAL OR A SITE PLAN APPROVAL, AND I'M TOLD, HEY, YOU HAVE TO SPEND THIS MONEY. MY NEXT STEP IS GOING OUT AND TRYING TO FIND IT AND LIKE ANY KIND OF, YOU KNOW, BUSINESS IF SOMEBODY SHOWS UP ON MY DOORSTEP, WANTING TO SELL ME SOMETHING THAT I NEED, THERE'S A BETTER CHANCE THAT I'LL BUY IT FROM THEM. AND THEN SOMEONE ELSE SO UM, MARK, YOU CAN RALLY THE OUR COMMUNITY START FOLLOWING THESE PUBLIC MEETINGS AND, YOU KNOW, SHOW UP AND I THINK THAT'S YOU KNOW, AND THAT'S MY POINT. AND I WAS GOING TO. I KNOW. YOU KNOW, NANCY PRETTY WELL. I WAS GONNA TALK TO NANCY. BUT BUT MY POINT IS THAT I WOULD I WOULD LOVE TO SEE US DO MORE LIVING ART. MORE STUFF THAT CAN BE THE PROJECT CAN BE CHANGED. YOU KNOW WE CAN DO ART ON THE PROJECT. ALONG YOUR LINES GETTING THAT BENEFIT BUT IN THAT THAT TAKES A YOUNGER ARTISTS THAT MAYBE OR A NEWER ARTIST, NOT YOUNGER, NEWER ARTISTS THAT'S JUST GETTING STARTED AND GIVES THEM AN OPPORTUNITY TO SHOW WHAT THEY CAN DO. AND THAT'S THE THING THAT I'D RATHER SEE THAT ISSUE THAT FRANK MENTIONED ON NUMBER EIGHT. I'D RATHER SEE IT REPLACED WITH SOME SORT OF ART AND DIVERSITY. UM THAT REPRESENTS DIFFERENT TYPES OF ART THAT COULD BE DONE THAT THERE CAN BE PERFORMANCE ART OR WHATEVER ELSE MAY BE THEY? CULTURAL DIVERSITY IS AND WHO DOES THE ART NOT NECESSARILY THE ART ITSELF. BUT I'M SAYING IT DOESN'T HAVE TO BE. IT COULD BE A COMBINATION OF THINGS TO BE THE TYPE OF OUR YOU KNOW. SO ANYWAY, THAT'S ALL I WAS GETTING AT. SORRY CAN I JUST SAY I JUST I AGREE WITH ALL THE POINTS THAT ARE BEING MADE AND NUMBER EIGHT CAUGHT MY EYE AS WELL. UM, I THINK LAST MONTH WHEN WE APPROVED THERE WAS A PUBLIC ART PIECE AND IT WAS ALSO A SAILFISH. IT WOULD BE NICE FOR THE ART TO BE MORE DIVERSE IN THE TYPE OF ART IF IT'S INTERACTIVE ART. MAYBE THAT'S SOMETHING THE ARTS COUNCIL COULD JUST PROVIDE EXAMPLES OF OTHER CITIES AND WHAT THEY'RE DOING, UM TO FOLKS WHEN THEY ARE SUBMITTING THESE APPLICATIONS BENCHES, SO I'M GONNA I'M GONNA SUGGEST PERHAPS. MHM. STAFF WHEN THIS COMES. TO A PUBLIC ART THAT WE BRING THE ARTS COUNCIL AND SOONER TO ADVISE ON WHAT PUBLIC ART REALLY IS AND THE DIVERSITY OF PUBLIC HEART SO THAT THEY DON'T COME TO THE ARTS COUNCIL WITH A WITH THE PROJECT. THE ARTS COUNCIL IS WORKING WITH THEM. THROUGHOUT THE PROJECT, AND MAYBE THAT WAY YOU'LL GET YOUR DIVERSITY SO THAT WE JUST DON'T HAVE A CITY FULL OF FISH FISH. HMM BUT I WANT TO BRING IT BACK TO THE BOARD SO THAT WE CAN TAKE A TAKE A VOTE AND MOVE ON. OKAY. IS THERE ANY PUBLIC COMMENTS? THAT'S YOUR SELFISH IS THERE ANY OTHER PUBLIC COMMENT? SEE NONE. COULD YOU CALL THE ROLL, PLEASE? BOARD MEMBER BRACKNELL. YES MAESTRO. SHRIMPS? YES CAMPENNI? YES MOSER? YES. BOARD MEMBER MCCHRYSTAL? YES.

OKAY MOTION PASSES UNANIMOUSLY. THANK YOU VERY MUCH. THAT MAKES SENSE BEFORE I GO. WE HAD A PRE MEETING BEFORE WE STARTED CONSTRUCTION. AND WE TALKED ABOUT THIS. THEN WE COULD HAVE ALL AGREED ON WHAT WE WOULD PUT ON THE PROPERTY BECAUSE IT REALLY DIDN'T MATTER TO ME WHAT WE PUT ON THE PROPERTY FOR ART. WE COULD HAVE MET LIKE THIS A YEAR AGO AND SAID, HERE'S THE OPTIONS FOR THE ART. I WOULD SUGGEST THAT EVERYONE MEET WITH THE ARTS COUNCIL. NOT WITH US.

THERE YOU GO. THANKS. OKAY? OKAY PRESENTATION OF STEWART SCIARRA HISTORY AND TAX INCREMENT

[3. PRESENTATION OF STUART CRA HISTORY AND TAX INCREMENT FINANCING (TIF) REVENUE FOR REDEVELOPMENT ACTIVITIES WITHIN THE CRA.]

FINANCING. THANK YOU. PANEL, GANDHI SADHUS, THE AREA DIRECTOR FOR THE RECORD. UM THIS ITEM IS COMING BEFORE YOU BECAUSE THE BOARD ACTUALLY REQUESTED A PRESENTATION ON THE HISTORY OF

[00:25:02]

C, R A AND ESTABLISHMENT OF THE TRUST FUND. SO I PREPARED A BRIEF PRESENTATION TO GO THROUGH THAT PROCESS. SIERRA IS A DEFINED AREA THAT IS CREATED TO CARRY OUT REDEVELOPMENT ACTIVITIES TO REDUCE THE, UH OR ELIMINATE THE CONDITIONS OF SLUM AND BLIGHT AND IMPROVE THE ECONOMY OF THE SIERRA BY USING THE GROWTH ASSESSED PROPERTY VALUES KNOWN AS THE TIFF. TO REINVEST BACK INTO THE C R A. C R IS A LONG TERM COMMITMENT. IT'S A 30 YEAR COMMITMENT CAN BE EXTENDED ONE TIME FOR ADDITIONAL 30 YEARS FOR REDEVELOPMENT ACTIVITIES, AND WE DID THAT BACK IN 2019, WHERE WE EXTENDED ADDITIONAL 30 YEARS. MAYOR JOHN JEFFERSON ACTUALLY INITIATED THE DOWNTOWN REDEVELOPMENT AND THE C R A WAS APPROVED BY THE CITY COMMISSION IN 1986. IN ACCORDANCE TO IN ACCORDANCE TO THE FLORIDA STATUTE REQUIREMENTS . AT THE TIME, THERE WAS A FIELD STUDY THAT WAS CONDUCTED TO DOCUMENT IF THE SUM IN BLACK CONDITIONS EXIST IN THE AREA.

THAT DOCUMENT IS REFERRED TO AS FINDING OF THE NECESSITY STUDY AND THAT WAS PRESENTED TO THE BOARD TO DECLARE THE AREA DOES MEET THE STATE DEFINITION FOR SLUMAN FLIGHT. AND THE CITY COMMISSION APPROVED THE AREA AS REDEVELOPMENT AREA IN COMPLIANCE WITH THE FLORIDA STATUTE REQUIRED. UM AND JUST SO THE BOARD UNDERSTAND SLIM AND BLIGHT IS DEFINED BY THE FLORIST STATUE AS SOMETHING THAT, UM IS INADEQUATE INFRASTRUCTURE SHORTAGE OF AFFORDABLE HOUSING, DILAPIDATED STRUCTURES, INSUFFICIENT ROADWAYS AND CONNECTIVITY, INADEQUATE PARKING FACILITIES OR IF THERE'S A HIGH VACANCY RATE OF PROPERTIES WITHIN THE C R A ALTHOUGH WE DID NOT CREATE THE CRE TRUST FUND IN 1986, WE DID HIRE ANDRE JULY 28 1989 TO COMPLETE THE PLAN KNOWN AS THE DUANY PLAN FOR THE ORIGINAL SCIARRA AND WE DEVELOPED THE URBAN CODES AT THAT TIME THAT HELPED TO ESTABLISH OUR URBAN URBAN DISTRICTS. UM AND INTRODUCE ON STREET PARKING AND STREETSCAPE IMPROVEMENTS AND CREATE AN URBAN AREA FOR THE C R. A. AND THEN IN 1998 OF THE SIERRA WAS REESTABLISHED AND TIFF TRUST FUND WAS CREATED. AH THE CRE WAS EXPANDED TO INCLUDE THEIR EASTER AREA, WHICH IS THE YELLOW AREAS SHOWN ON THE MAP. UM, IN 2002, AND THEN IN 2006, THE CRE WAS EXPANDED TO INCLUDE THE PUBLIC SAFETY BUILDING ON MLK, WHICH IS THE BLUE BUILDING. AND THEN IT WAS A BLUE SHADED ON THE MAP, AND THEN FURTHER, IT WAS EXPANDED IN 2015, WHICH IS THE PINK AREA SHOWN ON THE MAP, SO EACH TIME WHEN THE BOUNDARY WAS EXPANDED. THE CITY COMPLETED A FINDING OF NECESSITY STUDY TO DETERMINE IF THE AREA MEETS THE STATE DEFINITION OF SLUM AND BLIGHT. UM SO WHEN WE CREATED A TRUST FUND IN 1998 AH, THAT HELPED TO FINANCE OUR REDEVELOPMENT PROJECTS WITHIN THE C R. A SO IT'S THE SIERRAS RESPONSIBILITY TO UNDERTAKE REDEVELOPMENT ACTIVITIES. UM THAT'S DESIGNATED IN THE C R A.

SO THE SIERRA ENCOMPASSES ENCOMPASSES A TOTAL OF 866 ACRES OF CONTIGUOUS LAND. THIS DOES NOT INCLUDE THE RIGHT OF WAY OR THE WATER. THE CRM MAKES UP ALMOST 22% OF THE CITY. AND THEN THE CRE PLAN WAS ALSO CREATED 1998, AND IT'S BEEN AMENDED SEVERAL TIMES. SINCE THEN. THE PLAN IDENTIFIES PROJECTS AND PROGRAMS TO BE FUNDED WITH THE TIFF REVENUE. THE CRE PLAN IS UPDATED PERIODICALLY TO REFLECT ANY CHANGING ECONOMIC CONDITIONS AND ADD ANY NEW PROGRAMS AND PROJECTS TO BE UNDERTAKEN BY THE C R. A. UM AND JUST TO NOTE THAT ANY AMENDMENT TO THE SIERRA SIERRA PLAN DOES NOT STOP OR RESTRICT THE IMPLEMENTATION OF PROGRAMS AND PROJECTS THAT ARE ALREADY BEING IMPLEMENTED UNDER THE ADOPTED PLAN. SO HOW DOES IT TIFF WORK? SO WHEN, WHEN A CRN CHIP TRUST FUND IS CREATED, THE PROPERTY OF APPRAISAL FREEZES THE VALUE OF THE PROPERTY AND THE SIERRA AT ITS CURRENT LEVEL, WHICH IS KNOWN AS THE BASE VALUE. AND THEN ANNUALLY THEREAFTER. UM INCREASE IN PROPERTY VALUE ABOVE THE BASE YEAR. AMOUNT IS THE INCREMENT VALUE. AND THEN, UH, AND THE INCREASES IN PROPERTY TAXES COLLECT COLLECTED ABOVE THE BASE HERE. AMOUNT IS DEPOSITED THE TRUST FUND AND REINVESTED IN THE C R A. SO BOTH MARTIN COUNTY AND THE CITY OF STEWART GENERAL FUND CONTRIBUTES TO THE TIFF. THAT IS REINVESTED BACK INTO THE C R. A

[00:30:03]

THIS CHART HERE SHOWS THE BASE VALUE OF THE PROPERTIES WITHIN THE SIERRA. IT'S BROKEN INTO FOUR AREAS. UM SINCE EACH AREA WAS ADDED IN THIS YEAR IN DIFFERENT YEARS. UM IN THE EARLIER SLIDE, I SHOWED YOU THAT THE CRE WAS REESTABLISHED AND TIP WAS CREATED IN 1998. SO YOU SEE THE BASE VALUE FOR THE ORIGINAL SCIARRA FOR THE 1998. AND THEN THE EAST. STEWART WAS INCLUDED IN 2002 PUBLIC SAFETY BUILDING WAS INCLUDED IN 2006, AND THEN THE REMAINING PORTION WAS ADDED TO THE C R IN 2015. SO YOU SEE THE FACE VALUE OF THE PROPERTIES FOR THOSE YEARS. UM AND THOSE VALUES FROZEN IN THOSE YEARS AND THEN THE SECOND ROW SHOWS ON THE PROPERTY VALUE IN 2003. AH 2023 FOR EACH AREA WITHIN THE C R A, AND THE DIFFERENCE BETWEEN THE TWO IS THE INCREMENT PROPERTY VALUE AND AN INCREASE IN TAXES ABOVE THE BASE. HERE IS A TAX INCREMENT FUNDS THAT IS DEPOSITED IN THE TRUST FUND THAT WE USED TO IMPLEMENT THE PROGRAMS AND PROJECTS WITHIN THE C R. A. THIS CHART SHOWS THE TIFF DEPOSITED IN THE TRUST FUND OVER THE YEARS. UM AS I MENTIONED EARLIER TIFF WAS ESTABLISHED IN 1998. SO THE TIFF REVENUE STARTED IN 1999 , AND IT WAS ABOUT ONLY ABOUT $43,000 WHEN WE STARTED. UM IT DID INCREASE GRADUALLY UNTIL 2007. AND THEN UM, AND THEN THE TIFF DECREASE IN SOME YEARS WHEN THE MARKET CRASHED IN 2008. AND THEN AGAIN, WE STARTED SEEING THE GRADUAL INCREASE AFTER 2014. AND THEN JUST RECENTLY, WE'VE SEEN A SIGNIFICANT INCREASE IN TAX REVENUE BECAUSE OF ALL THE REDEVELOPMENT AND DEVELOPMENT ACTIVITIES WITHIN THE C R A. BUT WE CAN'T SORRY. GO AHEAD SETTLEMENT WITH THE COUNTY.

RIGHT SO I DID INVITE JULIE TO ATTEND THIS MEETING BECAUSE HE WAS HERE WHEN WE DID THAT SETTLEMENT, BUT FROM WHAT I UNDERSTAND IS THAT WHEN THE CONDOMINIUMS THE P. C N WASN'T ASSIGNED TO THE CONDOMINIUMS, AND SO WE WEREN'T GETTING THE TIFF REVENUE FROM THE COUNTY WANT TO MAKE SURE IT WAS THE COUNTY RIGHT? SO THE COUNTY CONTRIBUTED, THAT'S WHY YOU SEE A SIGNIFICANT INCREASE IN 2014. THAT WOULD HAVE OTHERWISE KIND OF FLAT LIKE THAT WOULD HAVE BEEN THE OTHER YEARS, RIGHT? RIGHT? UM BUT I THINK WE'LL JUST SEE A GRADUAL INCREASE MOVING FORWARD BECAUSE I THINK THINGS HAVE KIND OF SLOWED DOWN. UM, RECENTLY. SO WHERE HAS THE MONEY BEEN INVESTED? WE'VE WE'VE DONE LAND PURCHASES, INFRASTRUCTURE OR CAPITAL IMPROVEMENTS AND PROGRAMMING. SOME OF THE LAND PURCHASES INCLUDE THE DOCKSIDE PROPERTY, NORTHPOINT PROPERTY TRIANGLE PROPERTY. UM AND JUST LAST FEW YEARS, WE'VE PURCHASED THE PARCELS AT 325 SOUTHEAST OCEAN BOULEVARD AND 330 SOUTHEAST OCEAN BOULEVARD, RIGHT ADJACENT TO WORLD WAR FARGO BUILDING. AND WE HAVE A PENDING CONTRACT FOR THE REALLY GARY PROPERTY NEEDS. STEWART. SOME OF THE INFRASTRUCTURE CAPITAL IMPROVEMENT PROJECTS COMPLETED, UM, ARE LISTED HERE. I'LL JUST NAME SOME FEW REDESIGN OF MLK BOULEVARD WITH PARKING AND STREETSCAPING EAST AVENUE IMPROVEMENTS IN THE STEWART FRASURE CREEK IMPROVEMENTS. ATLANTA AVENUE IMPROVEMENT. UM WELCOME. SIGN IT. HE STEWART RIVERWALK SHAPED STRUCTURE OSTEO STREET PARKING LOT. ON THE NEXT SLIDE. I HAVE COLORADO STREETSCAPE IMPROVEMENTS DOWNTOWN STREETSCAPE, KENDRICK JOHNSON STREETSCAPE SHEPHERD PARK DECKING REPLACEMENT FEDERAL HIGHWAY MEDIAN IMPROVEMENTS, RIVERWALK DECKING AND HANDRAIL REPLACEMENT SHEPHERD PARK IMPROVEMENTS, SO WE'VE DONE QUITE A WORK OVER THE YEARS. SOME OF THE PROGRAMMING INCLUDE, UM PAYING UP PROGRAM. HISTORIC PRESERVATION INITIATIVES MICRO MICRO TRANSIT SYSTEM OUTDOOR DINING PROGRAM CHAOS READER PROGRAM WE FINDING SIGN IS PROGRAM MURAL MATCHING GRANT UM AND BURT. JUST TO NAME A FEW.

AND SOME OF THE MASTER PLAN AND STUDIES COMPLETED IN THE C, R A OR THE CHARETTE FOR EASTER IN 2002 OUTDOOR DINING STRATEGY DOWNTOWN PARKING STUDY. TRIANGLE DISTRICT MASTER PLAN FEDERAL HIGHWAY STREET STREET STREET PROGRAM. MASTER PLAN HE STEWART MASTER PLAN, UM, NATIONAL REGISTERED DESIGNATION PROCESS THAT WE'RE GOING THROUGH FOR YOU, STUART. SO WHAT IS DOES ARE THE FUTURE OF TIFF LOOK LIKE? LOOKS LIKE, UM THIS CHART SHOWS THE FORECAST OF TIFF REVENUE WITH A 5% INCREASE GROWTH EACH YEAR. IT COULD BE LAST. IT COULD BE MORE DEPENDING ON THE MARKET AND DEVELOPMENT ACTIVITIES IN THE C R. A HOWEVER, IF WE JUST TAKE THE GRADUAL INCREASE OF 5% WE CAN EXPECT APPROXIMATELY 7.1 MILLION IN REVENUE BY 2030. UM THIS IS THESE ARE THE SLIDES

[00:35:09]

FROM THE SIERRA BUDGET PRESENTATION THAT I DID BACK IN AUGUST. UM THIS SHOWS A TIFF.

REVENUE IS APPROXIMATELY 5.3 MILLION, UM, WHICH INCLUDES THIS COUNTY'S CONTRIBUTION, AND THEN THE OTHER SOURCES OF REVENUE THAT MAKES UP THIS YEAR'S BUDGET INCLUDES THE FUND BALANCE WAY FINDING SIGNAGE PROGRAM AND GRANTS. AND SOME OF THE PROJECTS AND PROGRAMS. UM, BUDGETED FOR THIS YEAR ARE DOWNTOWN UNDERGROUND FOUNDING PROJECT SEMINAR STREETSCAPE RIVERSIDE PARK NEIGHBORHOOD IMPROVEMENTS. WILLIE GARY PROPERTY STATEMENT, NEIGHBORHOOD SIDEWALK TRAM SERVICE. GATEWAY SIGNERS FEDERAL HIGHWAY STREET PLANTING PROGRAM. UM THESE ARE YOU'VE SEEN THESE PRO THESE PROGRAMS AS PART OF THE BUDGET PRESENTATION THAT I DID. EARLIER THIS YEAR. AND UM, JUST WANT TO POINT OUT SOME OF THE FUTURE PROGRAMMING. UM WHICH IS SOUTHWEST OCEAN BOULEVARD COMPLETE STREET PROJECT. FROM FEDERAL HIGHWAY TO DIXIE HIGHWAY , WHICH IS IN THE TRIANGLE DISTRICT, RIGHT LINE TRAIN STATION DOWNTOWN PARKING GARAGE, CITY HALL REDEVELOPMENT OSCEOLA STREET EXTENSION. AND THAT CONCLUDES MY PRESENTATION FOR BEFORE WE ASK QUESTIONS. JOLIE, DO YOU WANT TO ADD ANYTHING SINCE YOU WALKED ALL THE WAY OVER FROM WELLS FARGO? I'M A LEADER TO ANSWER QUESTIONS. ALRIGHT AND MILTON, DO YOU HAVE ANYTHING OR YOU JUST HERE TO ANSWER QUESTIONS THE BOARD MAY HAVE OKAY. DO WE HAVE ANY QUESTIONS MARK? YEAH JUST A COUPLE OF THINGS. AND THIS MAY BE FOR JOLIE. UM BACK SOMEWHERE IN THE TWO THOUSANDS. I THINK IT WAS AROUND 2008. MAYBE NINE OR SOMEWHERE THAT RANGE WE SWITCHED THE C R A FROM A FULL BLOWN FUND WITH AN OFFSETTING BALANCE TO LIKE A DESIGNATED FUND. REMEMBER IT WENT AWAY FROM THAT STANDPOINT, SO ALL IT WAS WAS AN ALLOCATION. IS THAT WHERE WE'RE AT WITH THAT NOW? LOUIS BARKLEY, ONLY FINANCE DIRECTOR FOR THE CITY OF STEWART'S PUSH THAT BUTTON AGAIN. IT'S I HEAR MYSELF COMING IN HERE SOMEWHERE WHERE THERE'S A GREEN LIGHT ABOUT THAT GREEN MEANS GO. NO THE CRE FUND HAS ALWAYS BEEN A SEPARATE FUND. UM FUND 107. IT HAS BEEN DISCLOSED IN THE CITY'S FINANCIAL STATEMENTS SEPARATELY AS A FUND SINCE ITS CREATION HAS BEEN ALL SAID BACK IN 1998, BUT AND MAYBE THIS WAS BEFORE YOUR TIME DIDN'T EXIST BEFORE ME, BUT I'VE BEEN HERE SINCE WE MADE IT.

BUT THE REASON I ASK THAT BECAUSE I REMEMBER THERE WAS A BIG DISCUSSION BECAUSE IT GAVE THE CITY MORE FLEXIBILITY. TO SPEND SOME OF THAT MONEY, WHEREAS BEFORE THERE WAS THERE WOULD HAVE HAD TO BEEN AN INTER FUND TRANSFER. AND I REMEMBER THAT WAS THE PLACE AND THERE AND MY CONCERN AND THE REASON I'M BRINGING IT UP IS THAT I THINK WE'RE GOING TO BE YOU KNOW, AT SOME POINT DOWN THE ROAD, BE LOOKING AT A TIME AGAIN, WHERE IT'S NOT GOING TO TAKE A BUDGET TRANSFER TO MOVE SOMETHING OUT OF THERE TO SOMETHING ELSE, BUT IT'S GOING TO BE YOU KNOW, COSTS CAN BE ALLOCATED AND SO I THOUGHT WE HAD A BETTER METHOD THAN I'M JUST WONDERING WHY WE MOVED AWAY FROM IT WITHOUT GETTING ON TRYING TO IMAGINE EXACTLY TO WHAT YOU'RE REFERRING, BUT, UM TO GET DOWN IN THE WEEDS IF IT'S A SYRIA DIRECT EXPENSE, LIKE THE PURCHASE OF LAND, OR SIMPLY THAT WE TYPICALLY ALLOW THAT TO REST IN THIS AREA AS AN EXPENSE. BUT IF IT'S A TRANSPORTATION RELATED EXPENDITURE WE TYPICALLY TRANSFER THAT TO GENERAL FUND WHERE MILTON'S PEOPLE AS AN EXPENSE BECAUSE THE TRANSPORTATION EXPENSE FEEDS DIRECTLY INTO OUR LOCAL OPTION GAS TAX FUNDING BETWEEN US AND THE COUNTY. SO IF IT'S A ECONOMIC ENVIRONMENT, YOU KNOW THE BEING COUNTER GOD'S REQUIRES TO BREAK EXPENDITURES INTO DIFFERENT CLASSIFICATIONS. PUBLIC SAFETY GENERAL GOVERNMENT ECONOMIC UH, DEVELOPMENT. SO THE C R A 99% OF THEIR EXPENSES WHERE ECONOMIC DEVELOPMENT BUT IF IT'S A TRANSPORTATION RELATED EXPENSE, WE DO AN INTER FUND TRANSFER TO GENERAL FUND TO REFLECT THAT AS A TRANSPORTATION EXPENSE, AND THAT WAY WE KEEP ALL THE TRANSPORTATION RELATED EXPENSES TOGETHER FOR REPORTING WELL, REMEMBER THAT THE DISCUSSION HAD TO DO WITH THE POLICE BECAUSE WE WERE ALLOCATING SOME POLICE TO SEE ARE A RECURRING. YEAH WE'VE HAD STAFF DIRECTLY IN THE SIERRA AND WE'VE HAD THAT'S IT. THAT'S IT. IT WAS AN UNDERSTAND COMMUNITY POLICING PAID FOR IN THE IN THE GENERAL FUND AND HAD THE SIERRA TRANSFER THE MONEY THERE TO PAY FOR IT PAID FOR COMMUNITY POLICING DIRECTLY OUT OF IT. SO BY THE STATUTE IN THE SERIE PLAN, THERE'S CERTAIN EXPENDITURES THEY ALLOW COMMUNITY POLICING IS ONE OF THEM. HOWEVER THERE WAS A BIG HULLABALOO OF WEATHER. THE OFFICER RIDING THE SEGWAY WAS ONLY PATROLLING THE SIERRA OR

[00:40:04]

NOT. WAS THERE A BENEFIT DOWNTOWN BUSINESS OWNERS? SO IT'S SOMETHING THAT VARIOUS DIFFERENT BOARD MAKEUPS OF FASCINATED OVER. OKAY BALANCED BETWEEN YOUR WISHES. THE CITY MANAGER'S WISHES THE C R A. YOU KNOW COORDINATOR DIRECTOR WHATEVER THEIR STAFF HAS BEEN OVER THE YEARS SO, YEAH, WE'VE WE'VE CHASED THAT DOLLAR AMOUNT. MULTIPLE TIMES. OKAY IT'S ALWAYS BEEN A SEPARATE FUND, AND NOW THEY'RE EVEN REQUIRED TO BE AUDITED SEPARATELY FROM THE CITY . OKAY I AUDIT AND THEY DO THEIR OWN AUDIT. RIGHT ALL THE OTHER QUESTION I HAD WAS RELATIVE TO THAT PROPERTY THAT'S SITTING THERE ON EAST OCEAN THAT, UH, I DON'T REMEMBER THE ADDRESS 330 OR SOMETHING LIKE THAT. WHICH IS THE PROPERTY THAT'S EAST OF THE WELLS FARGO BUILDING THAT WE DID NOT ACQUIRE FOR PURPOSES OF CITY HALL THAT WE WERE WE ACQUIRED FROM MY UNDERSTANDING BECAUSE I WAS THERE AT THE TIME THAT THE PURPOSE OF IT WAS TO FLIP IT AND MAKE A PROFIT. UM I HAVE A PROBLEM WITH THAT PROPERTY, AND I THINK AS A BOARD, WE SHOULD HAVE A PROBLEM WITH THAT PROPERTY. AND I THINK THAT THAT'S SOMETHING THAT NEEDS TO BE LOOKED AT AGAIN AS TO WHETHER OR NOT THAT PROPERTY IS GOING TO CONTINUE TO BE SOMETHING OWNED BY THE CITY, OR, UM, IT IS GOING TO BE, UM AND I KNOW WHAT MAYBE UNDER AN RFP RIGHT NOW. BUT ANYWAY IT IS AN RFP. IF I'M NOT MISTAKEN. YOU KNOW THE BUILT THE PARCELS NEXT WEEK. WELLS FARGO, THOUGH THAT'S NOT PART OF THE RFP, BUT I THINK THAT'S A SEPARATE AGENDA ITEM. I DON'T THINK WE SHOULD TALK ABOUT AN INDIVIDUAL. WHAT SHOULD WE DO WITH AN INDIVIDUAL PROPERTY TODAY? SO IF YOU WANT WE COULD PUT THAT UP AT SOME POINT IN JANUARY OR FEBRUARY. WHATEVER YOU HAVE TIME ONLY COULD DISCUSS IT AND YOU CAN BRING BACK THE WHOLE. WHAT'S WHAT? WHAT WHERE ARE WE WITH WELLS FARGO AND THE SURROUNDING PROPERTY. IF YOU DON'T MIND, THAT'S WHAT YOU'RE ASKING. THOUGHT IT WAS, BUT NOW I KNOW IT'S NOT. YEAH I THINK WE'VE ALREADY AWARDED HAS TO BE THERE FOR THIS. YEAH THE RFP HAS BEEN AWARDED. WE WERE IN THE NEGOTIATION WITH. YEAH, I THOUGHT IT WAS AWARDED THOUGHT IT WAS AWARDED TO BUT WHICH ARE APPEAR WE'RE TALKING ABOUT FARGO THAT DID NOT INCLUDE THIS PARKING LOT. HERNANDEZ, THIS ONE STARTING. I CAN. I CAN BRING AN UPDATE ON THAT I WOULD HAVE LEFT EIGHT OR IF YOU WANT. IF MARK WANTS TO DISCUSS IT FURTHER. I KNOW WHAT HE'S REFERRING TO. IT LOOKS LIKE YEAH, FROM THE SOUTH BRONX, AND WE'RE JUST SPENDING ALL KINDS OF MONEY ACROSS THE STREET ON MEMORIAL PARK, AND THEN WE GOT E. HE'S MORE CONCERNED WITH THE WAY IT LOOKS AT THIS PARTICULAR JUNCTURE. BUT AGAIN IF YOU WANT TO BRING IT UPDATE TO IT AND SPEAK TO THROUGH MR MARTEL AND SEE WHAT HOW HE WANTS TO APPROACH IT. THAT'S FINE. YOU HAVE ANYTHING? BARNEY. NOTHING. NOTHING FRANK. NOTHING ONE MORE QUESTION. SO. WE WE HAD A PROGRAM RECENTLY. I THINK IT'S BEEN MODIFIED AND I FORGET WHAT THE TERM WAS. BUT BASICALLY IT WAS A BONUS THAT WE GAVE TO DEVELOPERS FOR BUILDING CERTAIN PROJECTS IN THE C R. A THAT HAD CERTAIN DENSITIES AND THINGS LIKE THAT, RIGHT? UM ONE WENT TO THE ONE ACROSS THE RIVER. ONE WENT TO AZUL. UM, WHERE DID THE MONEY COME FROM? FROM THAT? IS THAT THE TIP FUNDING THAT COMES FOR THAT? WHERE IS THAT MONEY COME FROM? YEAH READ THEM. THAT'S IT RIGHT. SO THAT DOES COME FROM THE INCREASE IN PROPERTY VALUE THAT THEY CREATE FROM THE REDEVELOPMENT OF THE PROJECTS THAT THAT DOES COME FROM THE TIFF REVENUE. OKAY REVENUE THAT WE DIDN'T HAVE. SO THEY GET BACK FOR REDEVELOPING THAT QUITE WELL, SO IT'S IF YOUR TAXES BEFORE OR $10,000 IN YOUR TAXES AFTER R $450,000. YOUR READER IS BASED ON THE $440,000 DELTA AND THE DEVELOPERS. YOU KNOW, THEY AGREEMENT SAYS THE DEVELOPER GETS A PORTION OF THAT. FOR IMPROVEMENTS MADE, YOU KNOW, IN THE CASE OF A EVENLY THERE'S YOU KNOW, HALF A MILLION $750,000 WORTH OF ROAD IMPROVEMENTS IN THE STREET SIGNAGE AND SIDEWALKS AND EVERYTHING ELSE SO THAT'S THE THAT'S THE PROGRAM AS IT RELATES TO THAT PARTICULAR ONE, AND THEN EACH RITA AGREEMENT IS ITS OWN. YOU KNOW, KIND OF AGREEMENT BETWEEN DEVELOPER AND CITY AND I DON'T I DON'T KNOW THAT OUTSIDE OF AZUL AND HEAVENLY. THERE WERE MANY OTHERS , THE ONE ACROSS THE ONE ACROSS THE RIVER. THE UM THE OLD EVAN RUUD PROPERTY, I THINK WAS MARINA ATLANTIC MARINE. SO ALONG THAT SAME LINE, JUST ONE FOLLOW UP. SO THE NUMBERS THAT YOU HAD UP THERE AT ALL DO THEY INCLUDE THAT NUMBER? AND THEN THERE'D BE AN EXPENSE AGAINST IT, OR DO THEY NOT INCLUDE THAT NUMBER? IN OTHER WORDS, ARE THOSE NUMBERS THAT WERE SHOWING UP THERE AS AS TIP MONEY AND THE INCOMING TIP MONEY IS THAT INCLUDE THE MONEY WE'RE GOING TO HAVE TO REBATE BACK TO THESE TWO, THE DIRECT AND I'M NOT POINTING AT UNIT BUT

[00:45:02]

TO THE DEVELOPERS, OR IS IT NOT? REVENUE IS A TOTAL REVENUE THAT COMES TO THE SIERRA AND THEN THAT THAT DOES INCLUDE THE MONEY THAT WE WOULD HAVE TO GIVE BACK TO THE DEVELOPER. OKAY SO WE'RE NOT GOING TO HAVE THAT MONEY TO SPEND. THERE'S REALLY A PORTION OF THAT EVERY VERY SMALL PORTION . AND WE DO BUDGET THAT IN THE C R A. SO IF YOU SAW THE 2014 VALUE, THERE WAS A LINE ITEM FOR RITA. UM ASSUMING THAT A COUPLE OF THE PROJECTS WOULD BE RECEIVING READER REFUND THIS YEAR. UM, SO THERE WAS A LINE ITEM FOR LIKE $45,000 OR $50,000 , BUT THOSE NUMBERS WOULD BE ACROSS THE BOARD. SO TIP APPLY. IT'S NOT JUST IT DOESN'T JUST APPLY TO READ A PROJECTS TO SUPPORT IF APPLIED ALL THE PARTIAL JOY SO LIKE YOU KNOW, IT'S A VERY SMALL 25 HERE. I MEAN, HE IS MAYBE 500,000 OF THAT 5.5 MILLION AND THEN I THINK THE KICK BACK TO THE DEVELOPER, THE PAYMENT BACK TO THE DEVELOPERS. LET'S NOT SAY KICKBACK, NO PAYMENT BACK TO THE DEVELOPERS LIKE HALF OR A QUARTER OF THE GENERATED DOLLARS IN TAX REVENUE. WELL THE REASON I WAS ASKING IS BECAUSE THE TWO THAT WE'VE APPROVED BASED ON THE FAIR MARKET VALUE PROJECTIONS ON THOSE PROJECTS PROBABLY ABOUT SEVEN OR $800,000. SO I WANTED TO SEE WHERE THAT MONEY'S GOING THE NO. THAT'S NOT THE ESTIMATES THAT ARE IN THERE. BUT THOSE ESTIMATES ARE SUBSTANTIALLY BELOW WHAT THE FAIR MARKET VALUE IS THE LAST QUESTION I HAD YOU HAD A 5% INCREASE. IS THAT INCREASED CAPPED BASED ON THE SAVE OUR HOMES TYPE CONCEPT, IN OTHER WORDS, IS THAT 5% CAN WE GET 5% IF PROPERTIES CAPPED? I GUESS THAT'S MY QUESTION. IS IT BASED ON A CAP VALUE AND ASSESSED VALUE? OR IS IT BASED ON APPRAISED VALUE? IT'S ASSESSED VALUE. CORRECT IT'S THE IT'S THE INCREASE IN ASSESSED VALUE. SO UM OKAY? I'M SAD AND WE NEED TO GET MARTIN COUNTY.

WHY ELECTED OFFICIALS AND STAFF AND LISTEN TO A COUNTY COMMISSIONER, WHITEBOARD EXPLAINED INCORRECTLY TO EVERYONE. SO I JUST WANT TO MAKE SURE WE'RE GOOD. SO THE DRIVERS OF THIS NUMBER AND PANEL THAT YOU KNOW WE TALKED ABOUT IT, AND SHE'S DONE A 5% PROJECTION. BUT WHAT DRIVES THIS IS NOT ONLY INCREASE IN THE PROPERTY VALUES BUT NEW CONSTRUCTION AS WELL, SO THERE'S NO CAP IF A NEW PROPERTY WAS ADDED IN AND THEN THIRDLY IS THE MILLAGE RATES THAT ARE SET BY THE CITY AND THE COUNTY. SO THIS YEAR WE STARTED THE BUDGET PROCESS FOR THIS AREA AT ONE MILITARY, BUT THEN THE COUNTY HAD A VERY DIFFICULT BUDGET SEASON THIS YEAR, AND THERE MILITARY WENT UP AND DOWN A FEW TIMES. SO WHATEVER THEIR FINAL CERTIFIED MILITARY, IT IS, THAT'S WHAT THEY'RE TIFF PAYMENT INTO THE CITY'S TIFF FUND IS BASED ON SO WHATEVER THAT INCREMENTAL VALUE IS, AND THAT VALUE CAN BE MADE UP OF ACCRETION IN VALUE BEING THAT THE PROPERTY APPRAISER ASSESSED YOUR VALUE AT A HIGHER NUMBER OR NEW CONSTRUCTION WAS ADDED INTO THE C R A AREA AND THAT VALUE ALTOGETHER. THE CR A. WHEN YOU'RE DONE THE CITY'S MILITARY AND THE COUNTY'S MILITARY OR BOTH APPLIED TO THAT INCREMENTAL INCREASE. AND THE COUNTY CUTS A CHECK BASED ON THEIR VILLAGE. WE COULD HAVE CHECKED BASED ON OUR VILLAGE AND THAT GOES INTO THE TIP FUND. BUT DO YOU WANT TO ADD SOMETHING? I DON'T WANT TO INTERRUPT THIS. OKAY TOTALLY DIFFERENT. THE OTHER THE OTHER DRIVER IS, YOU KNOW IF YOU HAVE A HOUSE THAT'S ASSESSED IT. HALF A MILLION DOLLARS SELLS FOR A MILLION DOLLARS. YOU KNOW THAT REALIZES A REAL QUICKLY AND INCREASE IN ASSESSED VALUE, RIGHT? WHATEVER THE PROPERTY BRAISING AND THE SAME APPLIES TO COMMERCIAL BUILDINGS, SO IF THERE'S A COMMERCIAL DIFFERENT CAMP ON COMMERCIAL THAN US AND PROPERTY APPRAISAL SCIENCES DIFFERENT THEY CAN LOOK AT GETTING AT IS THAT 5% INCREASE CAN ALSO BE ATTRIBUTED TO TRANSACTIONS THAT UNLOCK UM, OTHERWISE OTHERWISE UNREALIZED VALUE, OR SOME WOULD SAY THE HOME SAVE OUR HOMES CAP IS SMALL PIECES, NOT EVEN A FACTOR TO CONSIDER THIS. ALRIGHT THANKS. YES. SO AND A FOREST GUMP. FIFTH OR SIXTH GRADE READING LEVEL.

THAT'S HOW I LIKE THIS QUESTION TO BE ANSWERED. UM. THE C R A. YOU JUST SAID ALTHOUGH IT LOOKS ON THE MAP, IT LOOKS LIKE IT'S MORE BUT YOU THOMAS ONLY 22% OF THE CITY, OKAY? HOW DO I ANSWER THE STUART RESIDENTS THAT ARE OUTSIDE OF THE C R. A. THAT SEE THE IMPROVEMENTS GOING ON INSIDE THE C R A AND CONVINCE THEM THAT THE C R A AND ALL THEY SEE GOING ON INSIDE THE SIERRA. IS A BENEFIT FOR THEM ALSO. BENEFIT FROM THE ENTIRE POPULATION. THE CITY OF STEWART. WHAT IS THE

[00:50:09]

BENEFITS THAT PEOPLE OUTSIDE OF THE C R. A. DO YOU WANT TO ANSWER THAT FOR ANYBODY? ANYONE WHO CAN ANYONE WHO CAN DO IT FIRST AND THAN ANYBODY WANTS TO TRY HIM IN THE CHARLIE? WOULD YOU LIKE TO SAY SOMETHING VERY IS OUR URBAN AREA, RIGHT? SO THAT'S WHERE ALL THE MOST OF THE ACTIVITIES HAPPENING, AND THAT'S WHERE PEOPLE ARE COMING IN TO VISIT US AND RESIDENTS COME INTO DOWNTOWN. SO THERE'S A FAST MAJORITY OF THE PEOPLE THAT COME INTO THE CORE AREA TO ENJOY OUR DOWNTOWN AND BENEFIT FROM ALL THAT ALL THE IMPROVEMENTS THAT WE DO TO THIS AREA. I MEAN, AND THEN THEIR NEIGHBORHOODS ALSO THAT AGAIN. THE REASON THEY'RE ADDED INTO THE SIERRA IS BECAUSE WE DID THE FINDING OF NECESSITY STUDY AND THAT NEIGHBORHOOD SPECIFICALLY. UH I WANTED TO BE PART OF THE SIERRA AND BENEFIT FROM THE REVENUE. THE TIFF REVENUE THAT'S GENERATED, UH, FROM, UM, YOU KNOW, JUST GENERATED FROM THE SIERRA TO PUT BACK INTO THEIR NEIGHBORHOODS SO WE CAN MAKE THE INFRASTRUCTURE IMPROVEMENTS AND STREETSCAPE IMPROVEMENTS AND STREET LIGHTS OR OR ANYTHING THAT THEY WANT TO SEE IN THEIR NEIGHBORHOOD SIMILAR TO RIVERSIDE PARK NEIGHBORHOOD. YOU KNOW, WE DO OUTREACH WITH ALL THESE NEIGHBORHOODS AND THEY THEY SEE THE BENEFIT THAT WE INVEST INTO THIS. CR INTO THAT AREA. JOLIE. MR MCCHRYSTAL? YES. SO WE GENERATE ABOUT $15 MILLION OFF OF OUR FIVE MILLS. OKAY SO IF I WANTED TO GENERATE AN ADDITIONAL $5 MILLION TO GO AND DO SOME IMPROVEMENTS TO BRING UP THE STEWART OR TO DO SOME ROADWAY IMPROVEMENTS. THE TAXPAYERS. ALL TAXPAYERS OF STEWART WOULD HAVE TO BEAR THE BURDEN OF A MILLAGE INCREASE THAT GENERAL FUND WOULD DO. WHAT WE BENEFIT FROM NOW IS GENERAL FUND RECEIVES THE SAME MILLAGE OFF THE BASE HERE EVERY YEAR. AND THEY PAY THE DIFFERENCE INTO THE TIP FUND FOR JUST THOSE TWO PROPERTIES. AND THEN WE GET THE COUNTY'S HALF, WHICH IS THE REAL CARROT THAT WE'RE TRYING TO GET HERE. SO THE COUNTY'S 2.3 MILLION THAT THEY GAVE US INTO THE FUND HELPS US FUND IMPROVEMENTS THAT THE TAXPAYERS OF STEWART AS A WHOLE WOULD NEED TO BEAR THE BURDEN OF SO THAT PERSON WHO LIVES OUTSIDE THE SIERRA, WHO'S CONCERNED THAT WHY IS HE STEWART GETTING IMPROVEMENTS THAT I DON'T WANT? DO THEY NOT WANT E STEWART TO GET IMPROVEMENTS. WHAT THEY DO WANT E STEWART TO GET IMPROVEMENTS. WE'RE NOT CHARGING THEM ANY ADDITIONAL MILLAGE TO DO SO. ROGER THAT. GOT YOU NOW. OKAY, SO YOU'RE SAVING THE GENERAL TAXPAYER MONEY BECAUSE, WELL, YOU'RE GETTING THE TAXPAYER MONEY. THEY DON'T HAVE THAT YOU'RE GETTING YOU'RE GETTING AN INCREASE IN VALUE. THAT WASN'T THERE PREVIOUSLY, SO IT'S NO MORE MONEY OUT OF THEIR POCKET. IT'S JUST THE INCREMENTAL DIFFERENCE. SO WHEN A DEVELOPER BUILDS A BETTER PROJECT THAT GENERATES MORE VALUE. THE GENERAL FUND STILL GETS WHAT WE STARTED WITH FROM THE BEGINNING. AND NOW WE'RE GETTING THE COUNTIES HAVE TOWARDS THAT. SO IT'S LIKE 5644 IS KIND OF WHERE WE ARE. THE COUNTY IS ABOUT 56% OF FUNDING WERE 44% OF THE FUND. SO IT'S THAT COUNTY PIECE INTO THE FUND THAT HELPS PAY FOR IMPROVEMENTS IN THE CITY THAT WE DON'T HAVE TO TAX THE CITIZENS FOR. OKAY AND SO WHAT? WHAT DRIVES THE GROWTH OF THE SIERRA AND AS FAR AS LANDMASS WHAT HAS DRIVEN IT TO BECOME WHAT IT IS TODAY, THAT'S NOT OF MONEY QUESTION.

THAT'S OKAY. SCIENCE. OKAY I GOT YOU. ALRIGHT THAT'S OKAY. IT'S ALRIGHT. ALRIGHT, ITS LATE FRANK . I THINK I HAVE AN ISSUE WITH. I HAD A QUESTION ABOUT THAT, TOO. BUT I THINK IF YOU LOOK AT IT FROM THE PERSPECTIVE THAT THE SIERRA WERE BASICALLY STEALING MONEY FROM THE COUNTY, THIS IS MONEY THAT THIS IS MONEY THAT WOULD HAVE GONE TO THAT. I WOULD NOT SAY THAT. I'M JUST RELAX, PEOPLE RELAX. I'M JUST KIDDING. BUT YOU KNOW, I UNDERSTAND. AND WHAT I'M SAYING IS THAT THROUGH THE THROUGH THE SCIARRA WE'VE HAD WE HAVE AN OPPORTUNITY TO CAP INEFFECTIVE PORTION OF IT SO THAT WE KEEP A BIGGER PORTION, AND THAT GIVES US AND THAT'S GOOD FOR EVERYBODY IN STUART, BECAUSE THAT'S MONEY THAT WOULDN'T HAVE COME TO US. IT WOULD HAVE STAYED AT THE COUNTY.

EXPLAIN IT. LET ME LET ME GIVE YOU THE ONE PIECE THAT MOST PEOPLE WALK IN THE STREET. DON'T KNOW. OKAY. EACH ONE OF YOU PAYS MARTIN COUNTY MORE PROPERTY TAX THAN YOU DO ME. WOW SO YOU PAY FIVE MILS TO ME. YOU PAY 6.5 MILS TO THEM. THIS IS THE BEST WAY FOR US TO GET SOME OF THAT MONEY BACK TO US, BECAUSE HISTORICALLY IN MY 29 POINT, COUNTING SIX YEARS HERE. TAX DOLLARS GENERATED IN STUART, WHICH IS TYPICALLY BEEN THE COMMERCIAL HUB OF MARTIN COUNTY, WERE SPENT IN PALM CITY. JENSEN BEACH HOME SOUND EXACTLY EXACTLY THE TAX DOLLARS THAT STEWART

[00:55:02]

GENERATES, AND THEY SPEND EVERYWHERE BUT THE CITY OF STEWART SO, YOUR YOUR MILITARY THAT YOU PAY MARTIN COUNTY, WHICH IS MORE THAN MINE. THIS IS THE BEST WAY FOR ME TO GET SOME OF THAT MONEY BACK TO SPEND DIRECTLY IN THE CITY THAT WE KNOW IS BEING SPENT THE CITY AND THE COUNTY DOESN'T LIKE WRITING THIS CHECK TO US, RIGHT? DON'T LIKE WRITING THIS CHECK. HENCE MY COMMENT. WELL, THANK YOU TOUCH ON KIND OF THE LOGIC BECAUSE I THINK THAT WAS THE BASIS OF FRANK'S QUESTION. I MEAN, IT WAS ONCE EXPLAINED TO ME BY SOMEBODY IN THIS ROOM. I DON'T KNOW IF THEY'RE IN HERE TODAY, BUT THE CITY IN THE DOWNTOWN THE SIERRA. ESSENTIALLY IS THE LOBBY, RIGHT? AND IF YOU WALK INTO A REALLY NICE BUILDING THE MONEY SPENT IN THE LOBBY.

BECAUSE THAT'S YOUR FIRST IMPRESSION. AND SO, YOU KNOW. PEOPLE OUTSIDE OF THE C R A VISIT THE SIERRA PEOPLE OUTSIDE OF THE CITY VISIT THE SCIARRA. SO THE CONCEPT IS THOSE DOLLARS ARE WELL SPENT IN THE LOBBY. WHERE MORE PEOPLE WILL REALIZE THEM OR SEE THEM OR BE TOUCHED BY THAT. AND WHEN IS R? C R A EXPIRED? WHEN THE DEATH RUNS 2019 30 YEARS FROM THAT, RIGHT, RIGHT, 49 PLAN 2020 49 2020 2039. YEAH. NO 2049 BECAUSE IT WAS 2019 PLUS 30 YEARS 2015 2050

[4. AMENDMENT TO THE CRA PLAN TO UPDATE AND ADD NEW PROGRAMS AND PROJECTS (RC): RESOLUTION No. 01-2024 CRA; A RESOLUTION OF THE BOARD OF COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF STUART, FLORIDA, APPROVING AMENDMENTS TO THE CITY’S COMMUNITY REDEVELOPMENT PLAN TO UPDATE AND ADD NEW PROGRAMS AND PROJECTS; PROVIDING AN EFFECTIVE DATE; AND FOR OTHER PURPOSES.]

, SO WE GOT A LONG WAY TO GO. IF THERE'S NOT ANY OTHER QUESTIONS, I THINK WE SHOULD MOVE ON TO THE C R A PLAN AMENDMENT. OKAY THIS IS A RESOLUTION. I AM LOOKING FOR APPROVAL ON THIS ITEM. UM THIS IS AN AMENDMENT TO THE 2019 ADOPTED SIERRA PLAN ANYTIME WE WANT TO SPEND MONEY ON PROJECTS AND PROGRAMS WITH TIFF. WE HAVE TO IDENTIFY THOSE PROJECTS AND PROGRAMS IN THE SIERRA PLAN, AND THAT'S WHY THIS ITEM IS COMING BEFORE YOU. THE REDEVELOPMENT PLAN WAS REFORMATTED. THAT'S WHY, UM, I WANTED TO SHOW THE TRACK CHANGES. BUT WHEN I STARTED REFORMATTING, UM IT WAS JUST DIFFICULT TO DO THAT. SO I DID INCLUDE THE 2019 PLAN AS A REFERENCE IN YOUR PACKAGE. FOR THE MOST PART, THERE ARE NO SUBSTANTIVE CHANGES. THE EXECUTIVE SUMMARY THAT'S INCLUDED IN THE SIERRA PLAN, UM, DESCRIBES THAT WE USE THE THEORY PLAN AS A GUIDE TO IMPLEMENT PROGRAMS AND PROJECTS TO DRIVE ECONOMIC DEVELOPMENT, INFRASTRUCTURE IMPROVEMENTS.

NEIGHBORHOOD IMPROVEMENTS, REDEVELOPMENT SUPPORT, UH THROUGH INCENTIVE PROGRAMS AND FORM BASED CODE. UM AND, UH. THE PLAN ALSO DESCRIBES THE EXISTING CONDITIONS. UM. THE PROGRAMS THAT THE PLAN ALSO INCLUDES THE PROGRAMS THAT WERE RECENTLY APPROVED BY THE BOARD THE FEDERAL HIGHWAY STREET TREAT PROGRAM. TRAM WRAP PROGRAM UTILITY BOX OUR OUR PROGRAMS AND , UM, ANOTHER PROGRAM THAT I WILL INCLUDE IS THE HEIR PROPERTY ASSISTANCE PROGRAM. UM THIS PROGRAM IS SPECIFICALLY FOR THE EAST STEWART. UH, BUT WE COULD OPEN IT UP TO OTHER AREAS IN THE SIERRA. IT'S TO HELP ASSIST AIR PROPERTY OWNERS DECLARE THEIR TITLE ON THEIR PROPERTY. SO THAT THEY CAN APPLY FOR MORTGAGE REFINANCING HOMEOWNERS INSURANCE HOME SETTINGS THAT HOMESTEAD EXEMPTION. UM SO UNDER THE PROPOSED PROGRAM, THEY'LL BE ABLE TO GET LEGAL ASSISTANCE TO CLEAR THE TITLE. I WILL BRING THAT PROGRAM BEFORE THE BOARD, SO YOU'LL HAVE MORE DETAILS ABOUT THAT PROGRAM, BUT I WANTED TO GET THAT IN THE C R A PLAN BECAUSE THERE WILL BE CR EIGHT IF FUNDING USED TO IMPLEMENT THE PROGRAM, AND IT'S IMPORTANT THAT WE IDENTIFY THOSE PROGRAMS IN THE SIERRA PLAN. NOW WE HAVE NOT GIVEN THEM A DOLLAR FIGURE HAVE NOT USED ANY MONEY FOR THAT YET. UM, AND SOME OF THE CAPITAL PROJECTS THAT ARE ALREADY IN THE C I P AND YOU'VE SEEN THIS BEFORE. WE'VE ALREADY BUDGETED AND WE'RE EXPECTING THOSE PROJECTS TO GO AND CONSTRUCTION OR DOWNTOWN UNDER GROUNDING PROJECTS, SEMINAL STREETSCAPE RIVERSIDE PARK. STREETSCAPE OLEANDER PARK IMPROVEMENTS. GATEWAY SIGNAGE, REALLY, GARY PROPERTY ACQUISITION AND YOU CONSTRUCTION GUY DAVIS PARKS DIDN'T DRAINAGE IMPROVEMENTS, SIDEWALK IMPROVEMENT, BUT SOME OF THE NEW PROJECTS THAT I WANTED TO ADD IN THE SIERRA PLAN ARE THE, UM, THE DOWNTOWN PARKING GARAGE BRIGHT LINE TRAIN STATION, CITY HALL REDEVELOPMENT , OSCEOLA STREET EXTENSION ANY STORMWATER IMPROVEMENTS, PROPERTY ACQUISITION. AGAIN THESE PROJECTS ARE BEING ADDED TO THAT WAY WHEN THESE PROJECTS DO COME FORWARD. IN THE NEAR FUTURE. WE CAN USE A TIFF FUNDING FOR THEM. OTHERWISE I WOULD HAVE TO COME BEFORE THE BOARD AMANDA SCIARRA PLAN BEFORE WE CAN SPEND ANY MONEY ON, FOR INSTANCE, RIGHT LINE TRAIN STATION. SO TODAY. I'M JUST LOOKING FOR FEEDBACK. UM ANY PROJECTS OR PROGRAMS THAT YOU

[01:00:08]

WOULD LIKE TO SEE IN THE C R A PLAN AND REQUESTING APPROVAL OF RESOLUTION NUMBER 1-20 24 AMENDING THE CRE PLAN. FRANK, DO YOU HAVE ANYTHING? I JUST WONDER IF I'VE BEEN TOTALLY ASLEEP FOR WHO KNOWS HOW LONG? UH, ARE WE GETTING A BRIGHT LINE TRAIN STATION IN THE CITY OF STEWART? WE ARE PUTTING PROPOSAL. AT THE END OF THIS MONTH, TOO BRIGHT LINE. AND WE AND THEY'LL MAKE A DECISION BY MARCH. WHETHER TO THEM. YEAH OKAY. ALL RIGHT. VERY GOOD. AND SHOULD WE SHOULD THEY DECIDE TO PUT THE TRAIN STATION HERE AGAIN, YOU KNOW THERE MIGHT BE SOME CONTRIBUTION FROM THE C R. A SO THAT'S A FUTURE PROBLEM. FUTURE JUST IN CASE RIGHT, EXACTLY. I'M JUST CURIOUS TO ASK YOLA STREET EXTENSION IS THAT FOLLOWING THE WANNI PLAN, RIGHT, RIGHT. MANY DISCUSSIONS ON THAT PROJECT AGAIN. IF IT'S NOT IN THE SIERRA PLAN, I CAN'T REALLY SPEND MONEY ON IT. SO YOU KNOW NOW THAT THERE'S A LOT OF MOVING PARTS OF THIS CITY HALL RELOCATING BRIGHT LINE PARKING GARAGE, I FEEL LIKE ALL THIS STUFF NEEDS TO BE IN HERE NOW. SURE OKAY. YOUR CHILD, MAYBE IN COLLEGE BY THE TIME I THINK FORWARD MARK. IF WE'RE GONNA THROW EVERYTHING IN HERE, AND WE'VE DONE ANYTHING IN TERMS OF, UH, THE EXISTING CITY HALL BUILDING AND ANY REPURPOSING OF THAT, OR, UH, EXPENDITURE OF THAT, IS THAT WHAT WE'RE TALKING ABOUT? IT'S JUST SOLELY THAT, OKAY? I THOUGHT IT WAS. I THOUGHT IT WAS WELLS FARGO, BUT IT'S THIS RIGHT, OKAY. OKAY NO, I DON'T. I DON'T HAVE ANYTHING AT THIS POINT. CAN I GET A MOTION FOR A RESOLUTION NUMBER? 01 2024 YOU DEAL WITH YOUR SISTER RESOLUTION. YOU WANT 2024? ALL RIGHT? 01 2020 FOR GETTING MOTION MOTION TO APPROVE A 2ND 2ND. AH! SINCE IT'S A LOT OF MONEY. I THINK YOU SHOULD CALL THE ROLL. IMPORTANT, NEVER MOSER. YES, CRYSTAL. NO. YES. YES. YES. MOTION PASSES 41 WE AFFORD THEM AND MCCHRYSTAL VOTING. AND JUST CLARIFY THAT THAT MONEY CAN BE SPENT UNTIL IT COMES BACK FOR RIGHT, OKAY. SO EVERYTHING WILL HAVE TO COME BACK. THIS IS JUST A PLAN. IT'S JUST TO MAKE BELIEVE PLAN THAT MAY COME TRUE WITH SOME POINT IN THE IN THE NEAR FUTURE OR THE FOUR FUTURE, RIGHT? IS THERE ANYTHING ELSE FOR NOW, JOLIE? DO YOU WANT TO ADD ANYTHING TO FOR JOY AND REAL RELAXATION? OKAY TO MAKE A MOTION TO ADJOURN. WE COULD DO THAT. WE DON'T NEED THAT. I UNDERSTAND, BUT WE CAN DO THAT. TAKE THE MOTION HOLIDAY SECOND.

* This transcript was compiled from uncorrected Closed Captioning.