[00:00:03]
OK, IT IS 800 HOURS, I'M GOING TO CALL THE BCRA MEETING, SPECIAL MEETING TWENTY TWENTY ONE
[CALL TO ORDER]
DASH ZERO FIVE TO ORDER.AND I'M GOING TO HAVE COMMISSIONER PARR LEADERS IN THE PLEDGE, LISANNE.
LOTS OF. BUT I SAY IT'S JUST A MATTER OF RAW.
WE'LL GO RIGHT INTO ROCKHOLE, CHAIRPERSON MEDINA, VICE CHAIRPERSON JOHNSON, COMMISSIONER FELIX IF COMMISSIONER BAILEY, COMMISSIONER FOSTER COMMISSIONER FILIBERTO, COMMISSIONER PARR YEPP BAYFRONT CRA ATTORNEY PATRICIA SMITH.
THERE'S NOTHING ON THE CONSENT.
[ADOPTION OF MINUTES]
WE'LL GO RIGHT TO THE ADOPTION OF THE MINUTES.COMMISSIONER PARR MAKING A MOTION TO ABOUT A SECOND OF A MOTION BY COMMISSIONER PARR, SECONDED BY COMMISSIONER BAILEY, COMMISSIONER FELIX.
ALL IN FAVOR, I ASSURE, JUST UNANIMOUSLY.
THANK YOU. READ PUBLIC COMMENTS ON AN AGENDA ITEMS. IS THERE ANYONE THAT WISHES TO SPEAK AT THIS TIME? YOU KNOW, WE'RE MOVING ON TO OLD BUSINESS ITEM NUMBER ONE, ITEM NUMBER ONE UNDER OLD
[1. Consideration of an amendment to the Redevelopment Incentive Agreement between Bayfront CRA and Northshore Development, LLC]
BUSINESS IS THE CONSIDERATION OF AMENDMENT TO THE REDEVELOPMENT INCENTIVE AGREEMENT BETWEEN THE BAYFRONT CIERRA AND NORTH SHORE DEVELOPMENT LLC.THE AMENDMENT CONSISTS OF BRIEFLY EXTENDING THE COMPLETION OF CONSTRUCTION FOR COMMERCIAL, REDUCING THE SQUARE FOOTAGE OF COMMERCIAL AND BIFURCATION OF THE TWO.
ITS PHASE ONE RESIDENTIAL AND PHASE TWO COMMERCIAL TO PROVIDE A BRIEF HISTORY OF THIS PROJECT, IT IS A MIXED USE DEVELOPMENT PROJECT CONSISTING OF 320 MULTI-FAMILY UNIT.
IT'S ALSO AND THAT'S PHASE ONE, IT'S ALSO FIVE COMMERCIAL OUT PARCELS AS PHASE TWO, TOTALING 54000 SQUARE FEET, ACCORDING TO EXHIBIT B SITE PLAN OF THE AGREEMENT.
SECTION SIX OF THE CONSTRUCTION AGREEMENT REQUIRES A COMPLETION DATE OF MARCH 31, 2020, OR THE RESIDENTIAL COMPONENT.
AND A COMPLETION DATE OF DECEMBER ONE, TWENTY ONE FOR THE COMMERCIAL COMPONENT.
ON NOVEMBER 10TH, 2020, THE DEVELOPER RECEIVED A CERTIFICATE OF OCCUPANCY FOR PHASE ONE, RESIDENTIAL CONSTRUCTION OF PHASE TWO FOR THE COMMERCIAL HAS NOT YET BEGUN.
NORTH SHORE IS REQUESTING TO AMEND THE AGREEMENT TO ALLOW FOR AN 18 MONTH EXTENSION TO THE COMPLETION DATE OF PHASE TWO COMMERCIAL DEVELOPMENT.
THEY ARE ALSO PROPOSING A REDUCTION IN THE TOTAL PROPOSED COMMERCIAL SQUARE FOOTAGE TO A MINIMUM OF 30000 FOR WHICH THE DEVELOPER WILL TAKE OUT A BOND IN FAVOR OF THE CITY.
ADDITIONALLY, THE DEVELOPER IS SEEKING TO AMEND THE AGREEMENT TO ALLOW FOR VERIFICATION OF THE RESIDENTIAL AND COMMERCIAL PROJECTS TO BECOME TWO SEPARATE LEGAL ENTITIES, HOWEVER, TIED TOGETHER THROUGH PROPERTY OWNERS ASSOCIATION DECLARATION OF COVENANTS AS REQUESTED BY THE LAND DEVELOPMENT STAFF.
THEY'RE ALSO REQUESTING AN AVERAGE TAX REBATE TO BE BIFURCATED, RESIDENTIAL AND COMMERCIAL. AND ITS STAFF ON STAFF'S UNDERSTANDING THAT THE BIFURCATION OF RESIDENTIAL AND COMMERCIAL IS THE PRIMARY REQUEST SO THAT THE DEVELOPER CAN GAIN ACCESS TO THE FINANCING OR THE COMMERCIAL PHASE.
I'LL JUST SAY THAT THIS WAS NOT AN EASY RECOMMENDATION.
IT WAS DEFINITELY DIFFICULT FOR ME TO WEAR MY ECONOMIC DEVELOPMENT PRACTITIONER HAT, BUT ALSO WANTING TO MAKE SURE THAT WE ARE KEEPING THE CITY'S BEST INTEREST IN MIND.
AND IT WASN'T SOMETHING THAT I TOOK LIGHTLY.
SO MY RECOMMENDATION WAS STRONG AND MAYBE UNPOPULAR IS IS A RECOMMENDATION BASED ON CERTAIN FACTS. AND THOSE FACTS INCLUDE THAT INCENTIVES ARE NOT TYPICALLY GRANTED TO A DEVELOPER FOR RESIDENTIAL PROJECTS.
TYPICALLY, THESE ARE COMMERCIAL PROJECTS THAT GENERATE SIGNIFICANT AND WARM TAX REVENUE AND CREATE SEVERAL, YOU KNOW, SIGNIFICANT QUALITY JOBS.
I WILL SAY THAT THE OVERALL VALUE OF THIS PROJECT IS FIFTY TWO POINT NINE MILLION, AS WAS PRESENTED BY THE FISHKIN STUDY.
THE RESIDENTIAL PORTION MAKES UP 85 PERCENT OF THAT AT FORTY TWO POINT FIVE MILLION.
AGAIN, THIS IS AN ESTIMATION AND THE COMMERCIAL COMPONENT MAKES UP 15 PERCENT OF THAT, OR SEVEN POINT SEVEN MILLION, THEREBY PRIMARILY INCENTIVIZING A RESIDENTIAL PROJECT.
THE AMENDMENT PROVIDED BY THE DEVELOPER SUGGESTS A REDUCTION OF 24000 SQUARE FEET, OR APPROXIMATELY 45 PERCENT LESS COMMERCIAL SPACE THAN WHAT WAS PROVIDED IN EXHIBIT B OF THE
[00:05:05]
REDEVELOPMENT INCENTIVE AGREEMENT.THE AMENDMENT ALSO PROVIDES OR THE REDUCTION OF COMMERCIAL WOULD ALSO ONLY PROVIDE A TAXABLE VALUE TO THE CITY OF FOUR POINT TWO AT THAT REDUCTION OF COMMERCIAL SPACE.
SO IF WE'RE TAKING 54000 SQUARE FEET AT SEVEN POINT SEVEN MILLION AND WE'RE REDUCING IT BY 24000 SQUARE FEET, WE'RE LOOKING AT A TAXABLE VALUE TO THE CITY OF ONLY FOUR.
POINT OR POINT TO THAT WOULD MEAN THAT THE OVERALL PROJECT FOR FOR THE COMMERCIAL PHASE IS IS ONLY EIGHT PERCENT, EIGHT POINT FIVE PERCENT OF THE OVERALL PROJECT.
SO WITH THIS PROJECT THAT WAS PRESENTED TO THE CITY, REMEMBER, IT WAS AND I KNOW THAT NOT ALL OF YOU ALL WERE HERE AT THAT TIME, BUT IT WAS PRESENTED TO THE CITY AS A VIBRANT, MIXED USE DEVELOPMENT PROJECT WHERE PROFESSIONALS WOULD LIVE, WORK AND PLAY, AND THAT THIS WOULD BE AN ENVIRONMENT THAT THAT THE MULTIFAMILY, THE RESIDENTIAL COMPONENT AND THE COMMERCIAL COMPONENT HAD A RELATIONSHIP TO ONE ANOTHER AND THAT IT WAS CREATING THAT ENVIRONMENT WHERE IT WAS A DESTINATION.
THE CITY HAS BEEN LOOKING AT BRINGING A DOWNTOWN OR SOME SORT OF UPTOWN TO PALM BAY, I THINK IT WAS BELIEVED AT THAT TIME WHEN WHEN THE SAHARA CONSIDERED THIS INCENTIVE AGREEMENT THAT THIS WOULD CREATE THAT TYPE OF ENVIRONMENT.
WHAT WHAT THE AMENDMENT IS SAYING AT THIS POINT, MY UNDERSTANDING IN TALKING WITH THE DEVELOPERS AND THEY'RE HERE SO THEY CAN SPEAK TO THIS, IS THAT THE PROJECT FOR THE COMMERCIAL COMPONENT IS ESSENTIALLY CUT IN HALF.
THE SQUARE FOOTAGE IS REDUCED.
EQUALITY OF THE COMMERCIAL IS IS A WATERED DOWN VERSION.
AND WHAT THE CITY IN THE SAHARA AGREED TO WAS, AGAIN, A A DEVELOPMENT PROJECT THAT CREATED A SENSE OF PLACE FOR THE CITY, A GATHERING SPACE FOR THE CITY.
SO WITH THAT AND ACTUALLY I DID AMEND MY MOTION AFTER TALKING WITH THE CITY ATTORNEY STAFF MAKES A RECOMMENDATION OR THE BESHARA TO REJECT THE AMENDMENT, WHICH REQUESTS AN EXTENSION FOR THE COMPLETION OF CONSTRUCTION AND REDUCTION OF COMMERCIAL SQUARE FEET.
ALLOWING THEM TO PROPOSE AN AMENDMENT WHICH BIFURCATES THE RESIDENTIAL AND COMMERCIAL LEGAL ENTITIES ONLY AND TO THAT POINT AUTHORIZE STAFF TO WORK WITH THE DEVELOPER TO BIFURCATE THE RESIDENTIAL COMMERCIAL.
WORK ON THE ACTUAL AGREEMENT AS OPPOSED TO THE RESPECT AND TO ALLOW THEM TO CONTINUE TO WORK WITH LAND DEVELOPMENT STAFF FOR THE BIFURCATION, THE SUBDIVISION PLOT.
JUST BEFORE WE ASKED THE APPLICANT, MAY I HAVE YOU GIVE US THAT MOTION IN WRITING THE AMENDED MOTION OR I'LL PUT IT ON THE SCREEN? MAKE SURE I SEE THE DIFFERENCES.
SIR. I USED TO WORK SKATEBOARDED.
OBVIOUSLY, I WOULD LIKE IF PATRICIA HAS ANY SERN, PLEASE, BUT.
SMITH, AFTER YOU REVIEW THAT, WOULD YOU PROVIDE ANY COMMENTS YOU MAY HAVE?
[00:10:04]
THANK YOU. SO CAN YOU SAY THAT AGAIN? IT'S CONSISTENT WITH WHAT WE DISCUSSED, I THINK THE INTENT WAS TO DENY THE AMENDMENT TO THAT, THEIR AMENDMENT TO THE CONTRACT THAT IS PROPOSED NOW, BUT THAT CITY WAS WILLING TO MAKE SOME AMENDMENTS TO THE CONTRACT RELATED TO THE FIVE FRICATION, JUST NOT THE EXTENSION OF THE CONSTRUCTION SCHEDULE OR THE.OR THE REDUCTION IN COMMERCIAL.
SO DENY THE AMENDMENT THAT THEY HAVE PROPOSED, BUT AUTHORIZE STAFF TO NEGOTIATE AN AMENDMENT BASED UPON THE OTHER TERMS. AND THAT FULFILLS THAT MOTION.
AND PUSHES THEM. THANK YOU, MA'AM.
THANK YOU. SO ANY ANY QUESTIONS REGARDING THE MOTION COMMISSIONER'S.
BUT. I WOULD SAY I WOULD DEFINITELY BE CURIOUS AND I'M SURE THEY'RE GOING TO EXPLAIN THIS AS WELL, SPECIFICALLY THEIR DESIRE TO DECREASE THE COMMERCIAL SQUARE FOOTAGE THAT WAS A BIG PROPONENT TO US WHEN THIS WAS VOTED ON, A COMMERCIAL THAT BROUGHT TO IT ALONG WITH THE RESIDENTIAL. FOR ME PERSONALLY, THAT WAS A HUGE PROPONENT FOR IT, AND I DO NOT LIKE THE CONCEPT OF DECREASING THAT NUMBER.
AND I'M DEFINITELY ANXIOUS TO HEAR THAT UNDERSTANDING FOR THAT SPECIFICALLY.
AND I WOULD LIKE TO KNOW THEIR REASONING OR THEIR EXPLANATION FOR THE DELAY IN THE BUILDING. TIME FRAMES OF WHAT? I DON'T I DON'T WANT TO JUST SAY YES OR NO JUST YET, DEFINITELY, AND I JUST WANT TO HIGHLIGHT THOSE TWO POINTS ARE WHAT'S IMPORTANT RIGHT NOW.
I APPRECIATE THAT, COMMISSIONER PARR, I THINK.
THE REST OF THE AGENCY OR THE REST OF THE BOARD SHARING THAT SENTIMENT COMING FROM MY PERSPECTIVE, WE WEREN'T ON HERE, BUT WE DO HAVE SOME MEMBERS THAT THAT VOTED ON THIS FROM THE INITIAL OFFSET.
SO SHALL WE HAVE THE APPLICANT COME AND DISCUSS THAT AT THIS TIME OF ANDREW STEELE HERE? AND I DON'T KNOW IF, ANDREW, YOU HAVE SOMEBODY ELSE OR IF YOU WANT TO.
ANDREW STILL WITH NORTH SHORE DEVELOPMENT.
SO WE DON'T PLAN TO REDUCE THE RETAIL, WHAT WE HAD TALKED ABOUT WAS PUTTING A BOND IN PLACE FOR A MINIMUM SQUARE FOOTAGE OF RETAIL AT 30000 SQUARE FEET, WHICH WE HAD DISCUSSED WITH THE MAYOR AND JOAN AND PATRICIA ON THE PHONE AND SAID, WELL, BOND AND GUARANTEE THAT BY THE TIME WE FINISH THIS, BY THE EXTENSION OF THIS 18 MONTHS, THAT WE WILL AT LEAST HAVE 30000 SQUARE FEET DONE.
OH, WE'RE NOT REDUCING THE SIZE OF THE RETAIL, THE RETAIL IS ACTUALLY THE SIZE OF THE RETAIL IS ACTUALLY DETERMINED BY THE TENANTS.
SO IF WE HAVE A PUBLIX THAT GOES IN THERE, THEN THEY'RE GOING TO HAVE A CERTAIN NUMBER OF SQUARE FOOTAGE. THEY'RE GOING TO TWENTY EIGHT THOUSAND SQUARE FEET, BUT THEY'RE GOING TO NEED 500 PARKING SPACES.
AND THAT MAY BE ALL THAT WE CAN PUT THERE BECAUSE THAT'S DETERMINED BY AN ENGINEER, BY THE TENANT ARE WE'RE NOT GOING HAVE A PUBLIC SQUARE.
I'D LOVE TO, BUT WE'RE NOT GOING TO HAVE ONE.
THERE ARE PROPOSALS TO BUILD AS MUCH SQUARE FOOTAGE AS WE POSSIBLY CAN IN THE TIME GIVEN TO US AND GUARANTEEING THAT WE'LL HAVE AT LEAST 30000 SQUARE FEET DONE BY THE TIME OF THE EXTENSION. IF YOU SAW THE PRESENTATION THAT I'D PUT TOGETHER AND SENT OVER TO YOU, I HAD PUT TOGETHER, YOU KNOW, TWO OPTIONS BECAUSE I THOUGHT THE 30000 SQUARE FOOT WAS WHAT WE HAD TALKED ABOUT AND PUT INTO THE AMENDMENT AND PUT ON LANGUAGE TO AND TALK TO BINDING PEOPLE ABOUT IT SO THAT WE WOULD HAVE A MINIMUM SQUARE FOOTAGE THAT WAS AGREEABLE.
THAT MINIMUM SQUARE FOOTAGE WAS 35000 SQUARE FEET.
AND WE CAN SAY THAT IF IT'S 40000 SQUARE FEET, WE CAN SAY THAT IF IT'S IF IT'S THE MAXIMUM THE MAXIMUM SQUARE FOOTAGE THAT CAN BE ENGINEERED ONTO THE SITE, THEN WE SHOULD SAY THAT. SO I'M NOT REDUCING THE RETAIL SQUARE FOOTAGE.
THAT DOESN'T BENEFIT ME AT ALL.
I WANT TO BUILD AS MUCH AS I POSSIBLY CAN.
THE SITE THE SIZE OF THE SITE HAS ACTUALLY BEEN DECREASED BY THE AMOUNT OF WATER RETAILERS THAT WE HAD TO PUT ONTO THE SITE.
AND SO WE DO HAVE A SMALLER SITE THAN WHAT WAS ORIGINALLY IN THE CONCEPTUAL DRAWING THAT WAS GIVEN TO THE BAKRA BACK IN 2017.
WE HAVE DIFFERENT USERS THAT WE WANT TO PUT ON THE SITE.
TYPE IN LINE SPACE IS IS NOT WHAT THE MARKET IS WANTING RIGHT NOW.
I BELIEVE WE HAVE A GOOD A GOOD CONCEPT, A GOOD GRASP ON WHAT THE MARKET IS WANTING TO HAVE IN THIS PACKAGE.
I HAVE FOUR ELSEWISE FROM DIFFERENT TENANTS LOOKING TO COME ONTO THE SPACE.
[00:15:03]
WE HAVE A WE ARE IN TALKS WITH A GROUP TO BUILD OUT AN 18000 SQUARE FOOT FOOD HALL AND BREWPUB, WHICH HAS A WHICH HAS A MASSIVE MALOJA MASSIVE LOGO FOR OUTDOOR SEATING AND FOR ENTERTAINMENT VENUE, WHICH IS WHAT THE CITY HAS ALWAYS TOLD US THEY WANTED.THEY WANT AN ENTERTAINMENT VENUE.
THEY WANT A PLACE WHERE PEOPLE CAN GO AND CONGREGATE AND TO CREATE A DOWNTOWN FOR PALM BAY THAT PEOPLE CAN COME AND GO AND STAY AND LISTEN TO MUSIC AND HAVE A BEER.
THAT'S ONE OF THE THINGS THAT'S MISSING FROM PALM BAY IS A IS A IS A DESTINATION IN THE ALONG THE WATERFRONT AREA.
AND HOPEFULLY IT COMES IN AT THE END OF PALM BAY ROAD THERE, BUT THAT WAS OUR INTENTION AND GOAL ALL ALONG.
A COUPLE OF THINGS INSIDE THE MEMORANDUM THAT KIND OF JUMPED OUT TO ME.
FIRST WAS THE 30000 SQUARE FOOT, NOW, LIKE I SAID, WE WERE WILLING TO DO WAS BASICALLY TAKE OUT AN INSURANCE POLICY, A BOND IN FAVOR OF THE CITY, SO THAT IF WE DIDN'T BUILD AT LEAST 30000 SQUARE FEET, THAT WE WOULD NOT ONLY BE IN DEFAULT OF THE AGREEMENT, BUT WE WOULD ALSO BE IN DEFAULT OF THAT BOND AND OWE MONEY TO THE CITY.
SO THAT'S A THAT'S A PRETTY STRONG STATEMENT FROM US TO BUILD IT.
HE. THE OTHER THING ABOUT THE 50, 4200 SQUARE FEET, THERE'S NOTHING IN THE DEVELOPMENT INCENTIVE AGREEMENT, REDEVELOPMENT INCENTIVE AGREEMENT THAT STATES A SQUARE FOOTAGE.
THE INCENTIVE AGREEMENT READS.
I WISH I TALKING. THE AMENDMENT.
WAS THERE ANYTHING WHILE YOU SEARCHED FOR THAT, IS THERE ANYTHING THAT PROHIBITS YOU FROM BUILDING 54 SQUARE FOOT COMMERCIAL? SO THERE'S THREE THINGS IN REAL ESTATE.
IT'S PHYSICALLY POSSIBLE, LEGALLY PERMISSIBLE AND FINANCIALLY FEASIBLE.
I GO, YOU CAN BACK ME UP ON IT, BUT I DON'T THINK WE'RE.
BASED ON THE YELLOWER AND ALL THIS NORTHSHORE DEVELOPMENT.
IT'S BASED ON THE USE, BECAUSE FOR EACH TYPE OF RETAIL USE, COMMERCIAL USE, THERE'S A MARKETING REQUIREMENT. LANDSCAPE.
STORMWATER RETENTION, ORGINALLY, WE GOT THE STORMWATER TAKING CARE OF.
THE SYSTEM THAT WE HAD FINISHED AND HANDLE, NOT ONLY THE APARTMENT, BUT ALSO THE COMMERCIAL PORTION, THAT REGULATORY ISSUE WAS TAKEN CARE OF.
YOU'LL NOTICE LIKE ON THAT SITE PLAN RIGHT THERE, THE YELLOW RECTANGLE IS A TYPICAL BUILDING AND THEN THE GRAY, YOU'LL SEE THE BLACK OUTLINES OF PARKING SPACE OFF OF THE RATIOS THAT WERE REQUIRED FOR PARKING OR PER SQUARE FOOT A BUILDING.
THAT'S WHAT'S GOING TO DRIVE THE WHOLE PROJECT.
THERE IS A LANDSCAPE COMPONENT THAT'S USUALLY AROUND 20 PERCENT OF LARRY'S NOT HERE AND REMEMBER RIGHT OFF HAND.
SO THERE'S GOING TO BE SOME IN AND OUT ON THE FINAL DESIGN.
BUT THE TARGET. YES, 50 IS POSSIBLE.
AND I THINK THAT FALLS RIGHT IN LINE WITH COMMISSIONER PARDES STATEMENTS, BUT CARRY ON, SIR. SO.
THE REDEPLOYMENT INCENTIVE AGREEMENT READS TO CONSIST OF 320 RESIDENTIAL APARTMENTS AND FIVE COMMERCIAL PARCELS CONTAINING RETAIL RESTAURANTS, BARS, CAFES, ENTERTAINMENT VENUES AND OR SIMILAR ESTABLISHMENTS, BUT ALSO CONTAIN THE USES AND GENERAL LOCATION, GENERAL LOCATION OF SUCH USES AS FURTHER DESCRIBED IN THE EXHIBIT B, WHICH IS THE CONCEPTUAL DRAWING THAT WE HAD PLACED INSIDE OF IT AS A AS A AS A HOLDING PIECE, BECAUSE THIS DESIGN DOESN'T EXIST AND CAN'T EXIST ANYMORE BECAUSE THE LAKES HAVE GROWN.
THIS INGRESS EGRESS ISN'T THERE ANYMORE.
SO THIS IS NOT JUST I COULDN'T BUILD IT IF I WANTED TO RIGHT NOW TO THIS TO THESE SPECIFICATIONS BECAUSE THIS CAN'T BE DONE.
[00:20:02]
THIS IS A PLACEHOLDER FOR WHAT WE INTEND TO DO AND WE STILL INTEND TO BUILD SOMETHING THAT'S VERY SIMILAR TO THIS.BUT I CAN'T GUARANTEE THE TOTAL NUMBER OF SQUARE FOOTAGE THAT WE CAN BUILD.
BUT THAT'S THAT'S KIND OF THE.
I WANT TO BUILD AS MUCH AS I CAN.
I DON'T KNOW HOW MUCH I CAN BUILD SHAIMAN.
I MEAN, ON ONE QUICK QUESTION RIGHT THERE, YOU COMMENTED THAT BECAUSE OF THE LAKE, THAT THAT WOULD PROHIBIT WHAT WE WERE PRESENTED WITH AS A PLACEHOLDER.
IS THAT STATEMENT TRUE, SO THAT THAT COMPENSATION POND ON THE TOP RIGHT HAND CORNER.
YES. GREW BY ACRES, TWO ACRES.
SO ORIGINALLY, I THINK WE HAD ALMOST.
BACK CLOSER TO EIGHT ACRES HERE.
BECAUSE MY FOLLOW UP QUESTION TO THAT, WHEN WAS THAT DETERMINED THAT WAS A TERM BY SYNGENTA OR WATER MANAGEMENT, WHEN WAS THAT DETERMINED? THAT GROWTH OF THAT 20? AND UP TO 18, 19, 20, 20, 20, 20.
ACTUALLY, DURING AND AFTER THE INITIAL PERMIT WAS ISSUED IS WHEN ST.
JOHN'S RIVER, THROUGH THE CALCULATION, MANDATED ADDITIONAL WATER CAPACITY.
THEN I'M GOING TO TURN TO JONAH.
I DON'T KNOW, PLEASE CORRECT ME IF I'M WRONG, WAS THAT EVER PRESENTED TO US THAT THAT HAD CHANGED FROM WHAT WE WERE PRESENTED AS A PLACEHOLDER? AS FAR AS I WAS AWARE IS.
YOU KNOW, THE I KNOW THAT THERE WERE A WHOLE LOT OF CHANGES THAT WERE TAKING PLACE WITH REGARD TO STORMWATER, THERE WERE DRAINAGE EASEMENTS THAT WERE NEEDED, WHICH IS PART OF THE DELAY FROM THE RESIDENTIAL PIECE.
BUT AS FAR AS THE SITE PANTALEON CONCEPT, I DON'T KNOW THAT ANY MODIFICATION TO THE SITE PLAN WAS SUBMITTED TO LAND DEVELOPMENT DIVISION.
MAYBE YOU WOULD KNOW, BUT I WOULD IMAGINE THAT THAT'S THAT FORMAL NOTIFICATION TO THE CITY IS A MODIFIED SITE.
YES, WE HAVE HAD A TOTAL OF OVER SEVEN REVISED SITE PLANS AS WE WERE GOING THROUGH THE PERMITTING PROCESS. WHEN I CAME ON BOARD, I ACTUALLY FINISHED THE LAST THREE.
SO, YES, THEY'RE ONE OF THEM WAS INITIATED DUE TO THE STORM.
AND THE RIGHT AWAY THAT YOU SEE THERE, THAT WOULD ACTUALLY IT R.J.
CONNELLAN AT A AT AN EXTREMELY ELEVATED POINT, MUST BE REWORKING OF THE SIGNAL IN THEIR SECTION RIGHT THERE THAT I ACTUALLY BUILT FOR YOU.
YOU MODIFIED SITE PLAN WAS NOT PRESENTED TO APOLOGIZE, I WAS NOT AWARE THAT THEY HAD SUBMITTED THREE VERSIONS OF THAT AND ASSUMING IT WENT THROUGH AND IT WAS APPROVED THAT AT THAT TIME SHOULD HAVE BEEN BROUGHT FORTH TO STAFF TO TAKE TO THE CRA TO MODIFY THE ATTACHMENT OF EXHIBIT B, BECAUSE EXHIBIT B IS REFERENCED THROUGHOUT THE REDEVELOPMENT INCENTIVE AGREEMENT WHERE IT TALKS ABOUT THE PROJECT.
IT ALWAYS REFERS BACK TO EXHIBIT B AND THIS IS EXHIBIT B YOU SEE ON THE SCREEN.
ALSO INCLUDES THE SQUARE FOOTAGE, WHICH IS HOW WE GOT THOUSANDS.
THAT'S OK. THAT'S WHAT I WAS TRYING TO WHERE I WAS GOING WITH THIS IS THAT'S THAT'S ALMOST MY FRUSTRATION RIGHT NOW.
LIKE FOR US, FOR WHAT'S BEING PRESENTED TO US NOW, NOW IT'S A CHANGE TO US.
WELL, THE DEVELOPMENT AGREEMENT THAT WAS RECORDED ACTUALLY HAD THE FINAL SAY PLAN IN IT.
THIS, AS I SAID, WAS A CONCEPTUAL RIGHT AND IS.
THERE'S THE DIMENSIONS ON HERE ARE, YOU KNOW, GENERALIZED, SO IT'S NOT THIS IS NOT ACCURATE OF WHAT IS ACTUALLY GOING TO BE BUILT.
NOT ENGINEERED. THE OTHER THING I WANT TO KIND OF POINT OUT IS INSIDE THE MEMORANDUM, IT SAYS A DEVELOPER HAS NOT DONE.
HAS NOT DONE OUR DUTY AND AND TRYING TO DEVELOP THE RETAIL WE HAVE HIRED.
WE HAVE WORKED FOR TWO YEARS ON TRYING TO SECURE RETAIL TENANTS TO THE SITE.
WE HAVE HAD A NUMBER OF ISSUES.
BUT THE BIGGEST ISSUE THAT WE'VE HAD IS COVID-19, WHICH COMPLETELY SHUT DOWN ALL RETAIL AND TOOK A YEAR FOR US TO GET ANOTHER LEASE BACK INTO PLACE.
WE HAD 15000 SQUARE FEET THAT WAS SET TO GO LAST JANUARY AND IT ALL FELL THROUGH AND COVID-19 STOPPED US FROM DOING ANY WORK ON THE RETAIL PORTION OF THIS PROJECT.
WE COULD HAVE BUILT IT AND IT WOULD HAVE BEEN EMPTY AND WOULD STILL BE EMPTY RIGHT NOW WITH WITH NO TENANTS INSIDE OF IT, BECAUSE THERE HAS BEEN NO MOVEMENT ON THE RETAIL SPACE. MAYBE WE'D HAVE ONE OR TWO BY NOW, BUT WE COULD HAVE BUILT EMPTY BOXES AND THAT'S ALL WE COULD HAVE DONE. THERE WAS NO MOVEMENT ON THE RETAIL SPACE.
OVER 19 IS RESPONSIBLE FOR THIS AND IT IS NOT US.
[00:25:02]
AND PER THE DEVELOPMENT AGREEMENT, ANYTHING THAT IS NOT SOLELY THE RESPONSIBILITY OF THE DEVELOPER GOES BACK FOR EXTENSION.AND COVID-19 IS NOT OUR RESPONSIBILITY AND IS NOT OUR FAULT.
AND WE CAN'T DO ANYTHING TO DO ANYTHING ABOUT IT.
MY DAD DIED FROM IT, AND IT HAS BEEN A TERRIBLE DISEASE, HAS BEEN TERRIBLE FOR THE COUNTRY, FOR THE WORLD.
AND THAT IS THE ONLY THING THAT HAS STOPPED US FROM DOING THIS.
AND THAT'S THE THAT'S THE REASON WHY WE'RE HERE FOR AN EXTENSION OR ELSE WE'D BE ON THE GROUND BUILDING IT RIGHT NOW.
MR. STEELE, I'LL TAKE THIS OPPORTUNITY TO SHARE OUR CONDOLENCES.
I MEAN, DO YOU HAVE ADDITIONAL QUESTIONS? COMMISSIONER BAILEY, YOU KNOW, JUST REAL QUICK QUESTION, I'M JUST CURIOUS NOW HAVING YOU HERE IN FRONT OF US TONIGHT, WHENEVER THE CONTRACT OR THE PROJECT AND CONTRACT REFERS TO THE PROJECT AND IT TALKS ABOUT THE USES, THEY'RE THERE, WOULD YOU CONSIDER FASTFOOD TO BE A USE THAT'S PERMITTED THERE? I'D HAVE TO CHECK THE ZONING REGULATIONS THAT WOULD BE BASED ON THE ZONING REGS, THOSE LOANS, THE ZONING REGS AS OK, YOU GUYS, IF YOU HAD TO PUT A FAST FOOD, THAT WOULD BE ACCEPTABLE. IT'S NOT OUR GOAL TO PUT FAST FOOD THERE.
WE DON'T WANT TO PUT GAS STATION THERE.
I MEAN, WE HAVE WE'RE GOING TO HAVE 200 MILLION DOLLARS PLUS INVEST INTO THIS 60 ACRES RIGHT HERE. THE LAST THING I WANT IS TO RUIN THE RETAIL THAT'S GOING TO BE ATTRACTING TENANTS TO THE APARTMENT COMPLEX.
SO I DON'T KNOW WHAT THE ZONING CODE SAYS ABOUT FAST FOOD OR OR OTHER USES, BUT IN HERE, IT'S. YOU KNOW, CAFES, BARS, RESTAURANTS, RETAIL VENUES AND PART OF THE PMU ZONING, OUR GOAL IS TO MODIFY THIS, BUT MODIFY IT IN A WAY THAT MAKES SENSE FOR THE MARKET AND FOR THE, YOU KNOW, FOR THE COMMUNITY IN GENERAL.
WELL, THE REASON I ASK, BECAUSE THERE IS ONLY ONE RESTAURANT THAT'S AND THOSE LOTS, RIGHT, THERE'S ONLY ONE RESTAURANT WOULDN'T BE BY RESTAURANTS PUT THERE FOR THOSE FIVE COMMERCIAL THAT WOULDN'T BE REPRESENTED IN WHAT'S IN THE PROJECT.
THERE'S JUST ONE IN THE SIZE OF ITS 16000 SQUARE FEET.
SO WHAT I'M LOOKING AT, I CAN TELL YOU ONE THING IS I HAVE A CONCERN ABOUT MAKE SURE THAT WE'RE ON THE SAME PAGE, THAT TO ME, PUTTING IN FAST FOOD, THERE WOULD BE A BREACH.
I MEAN, JUST TO ME PERSONALLY, I'M NOT SAYING THAT'S WHAT OUR LEGAL TEAM OR COUNCIL AS A WHOLE SAYS. BUT TO ME, THAT'S CLEARLY INDICATING THAT THE SIZE OF THAT BUILDING, THE SIZE OF THAT RESTAURANT IS NOT A FAST FOOD RESTAURANT WE'RE TALKING ABOUT.
WE'RE TALKING ABOUT SOMETHING THAT'S NICE.
I KNOW THAT'S THE INTENT OF EVERYBODY, BUT I'M JUST TRYING TO GET CLARITY.
WE'RE ON THE SAME PAGE JUST BECAUSE WE HAVE THIS OPPORTUNITY TO BE IN FRONT OF EACH OTHER TONIGHT. AND JOAN, CAN YOU JUST ZOOM IN ON THE RESTAURANT PORTION? SHAPEN, THAT'S.
PLEASE STATE YOUR NAME. I'M FRANZ HANNEY AND I'M THE DEVELOPER, I'M THE GUY WHO PUT ALL THE MONEY ON. BUILD THOSE APARTMENTS BY THEIR LAND, BY THE THIRTY FOUR ACRES ACROSS THE STREET. IT'S GOING TO INCLUDE ANOTHER FOUR HUNDRED AND FIFTY APARTMENTS AND MORE RETAIL.
AND THERE'S A LITTLE BIT OF REVISIONIST HISTORY GOING ON HERE.
AND I UNDERSTAND SOME OF YOU GUYS HAVEN'T BEEN HERE, YOU KNOW, THROUGH THE WHOLE THING, WHETHER IT'S CITY COUNCIL OR VICARI, BUT DECIDED THAT WE WERE SUPPOSED TO CREATE THIS DOWNTOWN AREA IS 180 DEGREES.
AND WHAT WAS PITCHED TO US? OK, SO THE PEOPLE THAT WERE RUNNING THE BC3 BACK THEN CAME TO ME AND SAID WE WE WANT THIS TO BE DOWNTOWN. I SAW ALL THESE BROCHURES ABOUT WHAT THE COUNTY WAS GOING TO DO, WHAT THE CITY WAS GOING TO DO.
AND WE WERE THERE TO BE THE THE KICKOFF.
WE WERE GOING TO BE THE FIRST ONES IN THERE.
AND THAT TOOK A LOT OF GUTS AND A LOT OF, YOU KNOW, BETTING ON MY PART THAT PALM BAY WOULD DO WHAT THEY SAY THEY WERE GOING TO DO.
WE WERE GOING TO DO WHAT WE SAID WE WERE GOING TO DO.
SO THIS IDEA THAT NORTH SHORE DEVELOPMENT WAS GOING TO CREATE DOWNTOWN FOR PALM BAY OR PALM BAY, THAT'S NOT TRUE.
PALM BAY WAS GOING TO CREATE A DOWNTOWN AREA AND WHERE WE WERE GOING TO BE, YOU KNOW, THE KICKOFF OR THAT.
AND, YOU KNOW, IT'S IT'S IT'S FRUSTRATING FOR ME BECAUSE I FEEL A LITTLE BIT LIKE CHARLIE BROWN AND YOU GUYS ARE LUCY AND YOU GOT THE BALL.
AND EVERY TIME I TRY TO KICK IT, MOVE THE BALL, ONLY IF WE AGREE TO BUILD AS MUCH RETAIL
[00:30:05]
AT THE SITE WILL ALLOW, WHICH IS WHAT WE WANT TO DO.WHY WOULDN'T WE? WE ALREADY GOT SOME COST IN THE PROPERTY THERE.
WE'RE GOING TO BUILD 450 MORE APARTMENTS ACROSS THE STREET.
WE'RE GOING TO BUILD MORE RETAIL ACROSS THE STREET.
WHY WOULDN'T WE WANT TO BUILD EVERYTHING WE CAN? AND TO YOUR POINT, JEFF, WE DON'T WANT TO PUT FAST FOOD IN THERE.
YOU KNOW, WE WANT TO KEEP OUR END OF THE BARGAIN IN SPITE OF THE FACT THAT THE OTHER IN THE BARGAIN HAS NOT BEEN KEPT AT ALL.
AND IF THE ONLY ISSUE HERE IS WHETHER OR NOT WE'RE GOING TO BUILD THE AMOUNT, SQUARE FOOTAGE THAT CAN LEGALLY BE BUILT THERE WILL SIGN UP RIGHT NOW.
NOW, WE CAN'T BUILD THAT BETWEEN NOW AND DECEMBER 31ST.
NOBODY IN THE ENTIRE WORLD COULD DO THAT.
SO IT SEEMS TO ME THAT WHAT'S REALLY IN PLAY HERE IS.
LET'S SEE IF THESE GUYS CAN DEFAULT AND THEN WE'LL TAKE BACK OUR ANTENNAS.
THEY'VE ALREADY BUILT EVERYTHING AND THAT'S JUST WRONG.
I MEAN, THAT REALLY IS JUST WRONG.
AND WHAT JOAN SAYS THAT, YOU KNOW, INCENTIVES AREN'T THERE TO BUILD APARTMENTS.
BC3, A REDEVELOPMENT DISTRICT.
YOU KNOW, MOST OKRA'S ARE, YOU KNOW, THRILLED TO HAVE DEVELOPERS COME IN AND BUILD MULTIFAMILY ALONG WITH COMMERCIAL.
THAT'S WHAT WE'RE GOING TO DO. AND THAT'S WHAT I SIGNED UP FOR.
THAT'S WHAT THE DEVELOPMENT AGREEMENT SAYS WE ARE.
AND TO SAY THAT IT CLEARLY SAYS IN THERE AND IF SOMETHING HAPPENS, FORCE MAJEURE OR WHATEVER, THAT CAUSES US NOT TO BE ABLE TO BUILD IT, THAT WE SHOULD BE HAVING AN EXTENSION. AND IF COVID-19, THE MOST CATASTROPHIC PANDEMIC IN 100 YEARS IN THE WORLD IS NOT REASON ENOUGH FOR US TO BE GIVEN JUST AN EXTENSION AND WE'LL BUILD WHATEVER IS ALLOWED THERE. THAT'S WHAT I'M SAYING.
WE WILL BUILD. WHY WOULDN'T WE? WE WANT TO BUILD EVERY SINGLE FOOT THAT WE CAN BUILD THERE.
THAT'S ALLOWABLE. BUT TO TAKE A NEBULOUS NUMBER BASED ON A SITE PLAN THAT WASN'T EVEN APPROVED AS PART OF THE DEVELOPMENT AGREEMENT.
IT'S JUST IT'S JUST NOT IT'S NOT RIGHT.
AND SO. YOU KNOW, I'M GOING TO CONTINUE TO DO EVERYTHING THAT WE SAID WE'RE GOING TO DO AND WE HAVE DONE EVERY SINGLE THING REASON WE GOT AN EXTENSION OR A BIGGER POND IN THERE WAS BECAUSE OF DRAINAGE ISSUES THAT WEREN'T ON OUR PROPERTY, BUT WE TOOK ON THE EXPENSE.
ST. JOHN'S MADE US BELIEVE THAT.
AND WE DID IT TOOK AWAY SOME WE MOVED UP THE TRAFFIC SIGNAL.
WE BUILT THIS TRAFFIC TO WE'VE DONE EVERYTHING THAT WE SAID WE WERE GOING TO DO AND TO AT THE AT THE NINTH HOUR HERE AT THE 12TH HOUR HERE TO SORT OF PULL THE RUG OUT FROM UNDERNEATH US BECAUSE WE HAVEN'T BEEN ABLE TO BUILD WHAT NOBODY IN THE WORLD HAS BUILT OVER THE LAST 18 MONTHS.
AND SO, YOU KNOW, WE'RE HERE TO TRY TO WORK WITH YOU GUYS.
AND ONCE IT'S ALL DONE, IT'S GOING TO BE A LIVE WORK PLACE.
EVERYBODY SEEMS TO LOVE US EXCEPT FOR A FEW PEOPLE THAT HAVE SHOWED UP AFTER THE DANCE.
AND THERE'S BEEN A LITTLE BIT.
AND IT'S JUST IT'S FRUSTRATING FROM A DEVELOPER STANDPOINT BECAUSE WHEN THERE'S TURNOVER.
THE COMMITMENT OR THE TOTAL DISREGARD IN SOME CASES TO WHAT THE PREVIOUS ADMINISTRATION HAS COMMITTED TO, IT IS JUST IT'S IT'S IT'S REALLY IT'S TOUGH TO DEAL WITH.
I MEAN, EVERY TIME A STAFF POSITION GETS CHANGED, IF WE CAME TO YOU AND SAID, HEY, WE WANT TO REWORK THE DEAL NOW, YOU LOOK AT THIS AND YOU SAY YOU'RE CRAZY, BUT THAT'S KIND OF WHAT HAPPENS TO US. IF SOMEBODY DOESN'T LIKE WHAT THE PREVIOUS GUY SAID.
WELL, LET'S REDO IT. IT'S JUST NOT IT'S NOT RIGHT, IT'S NOT GOOD BUSINESS.
I WOULDN'T DO THAT. I RAN A PUBLIC COMPANY FOR 20 YEARS.
THEY WOULD HAVE RAN ME OUT OF WALL STREET IF I DID BUSINESS LIKE THAT.
SO WE'RE NOT ASKING FOR ANYTHING OUT OF THE ORDINARY HERE.
MATTER OF FACT, I WOULD SAY THAT MOST PEOPLE WOULD BE ASKING FOR EVEN LONGER EXTENSION.
WE'RE GOING TO DO WHAT WE SAID WE'RE GOING TO DO IF IT'S JUST A MATTER OF SQUARE FOOT.
AS I SAID, WE'LL SIGN UP TODAY OR WHATEVER AT THE END OF THE DAY, GET TO APPROVE.
WE'LL BUILD IT AND WE'LL BOND A CERTAIN AMOUNT.
I'VE GOT SIR, I'VE GOT A MISSION OF FOSTER JUST WANT TO RECLAIM MY TIME.
WAS JUST VERY MUCH A PUBLIC COMMENT TO THE QUESTION I ASKED A QUESTION WAS, DO YOU FEEL THAT YOU COULD IF YOU HAD TO, YOU COULD PUT FOOD THERE AND THAT WOULD MEET THE TERMS OF THE CONTRACT. YOU KNOW, I CAN'T ANSWER THAT, JUST, YOU KNOW, I MEAN, OBVIOUSLY, WHATEVER
[00:35:07]
WE PUT THERE, SOMEBODY IS GOING TO HAVE TO PROVE IT TO GO IN THERE, YOU KNOW, AND WHAT'S WHAT'S FAST FOOD, YOU KNOW, IT'S I MEAN, SO ANYTHING THAT HAS A DRIVE THROUGH COMPONENT IS A STARBUCKS THERE WITH A DRIVE THRU COMPONENT OF THAT FAST FOOD.I DON'T KNOW, IT'S JUST IT'S JUST SOMETHING TO THINK ABOUT, BECAUSE I LOOK AND I SEE THE SIZE OF THAT THAT TELLS ME I MAY SIT DOWN RESTAURANT, YOU KNOW, SO NO, I'M NOT EXPECTING THE STARBUCKS OR.
YOU MEAN ON THE RESTAURANT SITE? YEAH, NO. OUR PLAN ALL ALONG WE HAD WE TALKED TO PROBABLY PRE PANDEMIC SIX DIFFERENT BREWPUBS THAT WANTED TO GO IN THERE.
KIRKETON IN WINTER GARDEN, FLORIDA, WAS KIND OF LIKE THE PROTOTYPE OF WHAT WE WANTED TO DO THERE. AND, YOU KNOW, WE'VE GOT PEOPLE NOW THAT, YOU KNOW, PEOPLE CAN SEE THE LIGHT AT THE END OF THE TUNNEL IN THE FACT THAT WE'RE GOING TO HAVE 800 ROOMS, 800 APARTMENTS THERE. YOU KNOW, WE'VE GOT PEOPLE THAT ARE NOW INTERESTED IN SAYING, HEY, YEAH, LET'S LET'S DO THAT. OUR GOAL IS NOT TO PUT, YOU KNOW, A FAST FOOD RESTAURANT ON THAT RESTAURANT SITE, THOUGH.
THAT WON'T BE THAT WON'T BE FAST FOOD.
THAT WILL BE A BIGGER, YOU KNOW.
A MORE UPSCALE DINING AND ENTERTAINMENT VENUE, AND WE'LL HOLD ONTO IT UNTIL WE GET THAT.
AND IN REAL QUICK, I KNOW THAT YOU'VE YOU'VE VOICED SOME FRUSTRATION AND IT'S A CONCERN TO ME BECAUSE YOU'RE TALKING ABOUT THE HISTORY OF IT IS IF WE SAY THAT THE NO, THE BALL IS BEING MOVED ON YOU.
CAN YOU TELL ME SPECIFICALLY WHAT WHAT ARE YOU REFERRING TO? BECAUSE I'M NOT AWARE OF THAT.
I'M AWARE OF I REMEMBER LAST TIME HE CAME BEFORE US OR I'LL THINK YOU WERE HERE, BUT REPRESENTATIVES WERE BEFORE US TO CHANGE THE CONTRACT TO FINALIZE.
A COUPLE OF YEARS AGO, I WENT THROUGH A LIST AND STAFF HAS A LIST OF ALL THE THINGS THAT CONCESSIONS AND THINGS THAT WE TRY TO DO AND GIVE YOU GUYS EXTENSIONS EVEN ON THE RESIDENTIAL SIDE. SO I'VE WHAT I'VE UNDERSTOOD IS THAT I WANT US TO BE FRIENDLY AS FAR AS DEVELOPMENT, AS FAR AS WHAT STAFF DOES WITHIN THE RULES.
BUT AT THE SAME TIME, I'M JUST CURIOUS WHERE YOU FEEL THAT THE BALL'S BEEN MOVED.
WELL, HOW ARE YOUR FEET? WELL, LOOK, THE GUY THAT PREVIOUSLY RAN THE X-RAY, YOU KNOW YOU KNOW, HE HAD A WE HAVE A DECK IN MY OFFICE THAT SHOWS, YOU KNOW, WHAT THE PLANS WERE, THE CITY'S PLANS FOR ANDRE CONNELLAN.
AND WE WERE JUST A SMALL PART OF THAT, YOU KNOW, AND LIKE I SAID, WE DIDN'T CREATE THAT DOCUMENT. WE DIDN'T CREATE THIS, YOU KNOW, BEAUTIFUL MONTAGE OF A FOUR LANE ROAD WITH BIKE PATHS AND, YOU KNOW, RESTAURANTS AND BARS.
AND THAT WAS CREATED BY THE PREVIOUS BOUCHRA.
AND THAT'S WHAT WE WERE PITCHED ON.
AND AS YOU GUYS KNOW, THAT CHANGE AS SOON AS HE WAS GONE, YOU KNOW THAT, YOU KNOW, THAT WENT AWAY AND WE WERE SORT OF LEFT TO FEND FOR OURSELVES AT THAT POINT IN TIME.
WHAT WHAT IF, LIKE I SAID, IF IT'S JUST IF THAT AMENDMENT, IF THE ONLY REASON TO THAT STAFF IS RECOMMENDING TO TO TO OPPOSE THE AMENDMENT IS BECAUSE OF THE SQUARE FOOTAGE.
AND WE WILL AGREE TO BUILD WHATEVER SQUARE FOOTAGE IS ALLOWED ON THE SITE, WHICH ULTIMATELY THE CITY WILL APPROVE OR NOT APPROVE.
THANK YOU, COMMISSIONER FOSTER.
AND KITCHEN. I GOT A LETTER, SIR, FROM.
I PACK IT ON THE COUNTY COMMISSION ADDRESSED TO MAYOR MEDINA.
THE COUNTY COMMISSIONERS DO NOT OPPOSE OF MAKING THE FOLLOWING AMENDMENT TO THE.
REDEVELOPMENTS IN AN AGREEMENT BETWEEN PAY FOR.
AWAY FROM COMMUNITY DEVELOPMENT AGENCY AND OFFSHORE DEVELOPMENT LLC.
SEPARATE IN THE SENATE RELATING TO THE COMMERCIAL AND RESIDENTIAL DEVELOPMENT.
AND SHIPPING THE REDEVELOPMENT DEADLINE TO REFLECT THE EXPIRATION OF THE CIA.
MEDIA WITH THIS LETTER. YOU HAVE ANY ISSUES WITH IT? ISSUES WITH IT? YES, NO, THAT WAS THE INITIAL AMENDMENT THAT WE HAD SENT ALONG TO THE COUNTY AND TO CITY AND COMMISSIONER, I TOOK IT TO GET TO THE FLOOR AND HAD A VOTE ON IT.
SO WE HAVE NO WE HAVE NO QUALMS WITH THIS.
IT DOESN'T AFFECT OUR FINANCIAL POSITION AND DOESN'T AFFECT OUR FISCAL WAY.
[00:40:01]
AND SO SO A DECISION THAT WE PUSH ALONG.OH. WHAT WE WERE ASKING, OH, YOU'RE NOT ASKING FOR TO BE.
NO, THEY ACTUALLY APPROVED HE HE PUT FORTH EXTENSION THROUGHOUT THE END OF THE BCR, SO WE'VE WE'VE GOT THAT.
TWENTY TWENTY FOUR, SO I CAME BACK AND SAID, WELL, YOU KNOW, I.
I KNOW THE CITY WANTS THIS BILL QUICKER, SO LET'S MAKE IT 18 MONTHS, THAT GIVES THAT KEEPS OUR FEET TO THE FIRE TO GET THIS THING DONE, GIVES US ENOUGH TIME TO DO IT.
AND I DON'T WANT TO RUN IT OUT FOR 40 MONTHS ANYWAYS.
THAT'S NOT SOMETHING THAT I DON'T WANT TO BE HOLDING THAT ASIDE.
AND, YOU KNOW, WE'RE LOSING MONEY ON A DAILY BASIS BY HOLDING, HOLDING, HOLDING REAL ESTATE THAT WE'RE NOT BUILDING ON.
SO MY UNDERSTANDING THAT YOU CAN HAVE THIS BUILT 18 MONTHS FROM NOW OR 18 MONTHS FROM DECEMBER. OUR BEST GUESS IS THAT WE HAVE PLANS SUBMITTED AND ALMOST READY TO GO, PROBABLY BY THE END OF THE YEAR AND PROBABLY 12 MONTHS TO BUILD THE EXTRA SIX MONTHS WOULD BE KIND OF A LITTLE BETTER FOR US.
BUT YOU YOUR INTENT IS TO BUILD IT AND HAVE IT DONE WITHIN THAT 18 MONTHS.
YES. I THINK AND IF WE AND IF WE HAVE TO BUILD IT WITHOUT TENNIS AND WE'LL BUILD IT WITHOUT TENNIS, THE PROBLEM IS FINDING THE TENNIS.
IS THIS NOT IT'S NOT THAT IT'S NOT THE DESIRE.
OUR DESIRE AND OUR INTENT IS TO BUILD OR DEVELOPERS BUILD.
THE ISSUE IS FINDING TENANTS DURING A PANDEMIC AND HAVING THOSE TENANTS COME BACK TO US WITH OUR WESTSHORE PRODUCTS THAT WE'RE UNDER CONSTRUCTION NOW.
NOW WE GET WE'RE GETTING CALLS.
WE'RE GETTING MORE AND MORE CALLS ABOUT LEASING, ABOUT THE ADDITIONAL PROPERTY THAT WE HAVE, WHAT OUR PLANS ARE.
YOU KNOW, THERE ARE I I TALKED TO ANOTHER DEVELOPER ON MY WAY UP HERE WHO SAYS THEY HAVE A SITE THAT'S R.M.
20 THAT THEY'RE PLANNING ON BUILDING UP THE STREET AND THAT MAYBE IN MELBOURNE I'M PALM BAY, BUT IT'S IT'S WITHIN AND DISTANCE OF US.
AND HE'S CALLING ME, ASKING, YOU KNOW, ASKING US HOW WE'RE DOING.
AND THEY'RE YOU KNOW, OUR PROJECT REALLY WAS A WAS A CATALYST FOR NEW DEVELOPMENT IN THAT AREA, BLIGHTED AREA.
THE LIGHTED INTERSECTION IS GOING TO HELP US.
IT ALREADY HAS HELPED US IN FINDING ADDITIONAL TENANTS.
WE'RE DOING EVERYTHING THAT WE CAN DO AND THAT WE SHOULD BE DOING FOR THEM BEFORE THE PROJECT. IF YOU IF FRANCE IS TALKING ABOUT SOME PICTURES AND IF YOU PUT THE ARCHIVE SHELVES PRESENTATION.
THAT'S THAT'S WHAT WE WERE GIVEN IN BROCHURE'S SAYING THIS IS WHAT WE PLAN ON DOING.
AND THE CITY WAS GOING TO BE SPENDING MILLIONS OF DOLLARS IN ORDER TO TAKE R.J.
CONNELLAN FROM WHAT IT IS NOW TO A RETAIL CORRIDOR AND REINVIGORATE THE ENTIRE SECTION.
THE. I HAVEN'T HEARD A WORD ABOUT IT SINCE SINCE JAMES LEFT THE POSITION.
I HAVE A QUESTION, MISS JONES, MISS JONES.
I HEARD MR. FROND SAY THAT HE IF IT WAS WHATEVER THE MAX IS ON THE COMMERCIAL SQUARE FOOTAGE, HE WOULD BE GOOD WITH THAT.
THAT AMENDMENT CAN INCLUDE THAT WHATEVER THE MAX IS, AS OPPOSED TO A MINIMUM OF THAT.
WELL, I THINK THAT SQUARE FOOTAGE, I THINK THEY MAKE THE POINT THAT IT'S GOING TO DEPEND ON SQUARE FOOTAGE IS GOING TO DEPEND ON THE USE THAT'S THERE.
SO I DO THINK THAT THERE IS SOME LANGUAGE THAT WE COULD WORK ON WITH THE CITY ATTORNEY'S OFFICE IF WE WERE TO MODIFY THE AMENDMENT TO ENSURE THAT, NO, IT'S NOT JUST THIRTY THOUSAND SQUARE FEET AND IT'S NOT JUST CERTAIN TYPES OF USES THAT DON'T DON'T DEVELOP THE CONCEPT THAT WAS PRESENTED TO THE CITY AS A LIVE, WORK, MIXED USE PROJECT.
SO AND I KNOW COMMISSIONER BAILEY HAS REFERENCE FOR FAST FOOD, FOR EXAMPLE.
SO I THINK THAT ANY AMENDMENT TO THE AGREEMENT IS GOING TO HAVE TO BE VERY CLEARLY WRITTEN TO ENSURE THAT THE CITY IS GETTING THE SQUARE FOOTAGE THAT WE WERE PROMISED, THE
[00:45:06]
TYPES AND QUALITY COMMERCIAL THAT WAS PRESENTED AND DISCUSSED ORIGINALLY.SO I JUST WANT I GUESS THAT'S MY ANSWER.
AND WHO DO I GO TO? JUST A SECOND, MR. FRANCE.
JUST A SECOND. WELL, RIGHT ALONG THAT SAME VEIN, THAT BOND ISSUE THAT WE'RE TALKING ABOUT TO BE INCLUDED IN THE MOTION, MR. FRONS BROUGHT UP A REALLY GREAT POINT, COMMISSIONER BAILEY, REGARDING WHAT WHAT JUSTIFIES BECAUSE THE STARBUCKS DOES HAVE A DRIVETHROUGH, BUT YET WE WANT A CAFE.
SO THOSE THINGS, I GUESS THERE HAS TO BE SOME TYPE OF LATITUDE IN THAT.
THAT'S WHERE I CAN SEE WHAT HIS ARGUMENT IS.
BUT GO AHEAD NOW, MR. FRANCE, IF YOU WANTED TO SAY THERE'S NO JUDGMENTS TO MAKE, PLEASE, PLEASE GET CLOSE TO THE MIKE. SO WE GET THAT.
WHO DO I SEE ABOUT GETTING WHAT I WAS PROMISED? THAT'S ALL I'M ASKING. SHE WANTS TO YOU KNOW, YOU GUYS WANT TO MAKE SURE THAT YOU GET WHAT YOU PROMISED AND AND 100 PERCENT WHERE I GO TO GET WHAT I WAS PROMISED.
I CAN TELL YOU THAT THIS THIS COUNCIL OR THIS BOARD TODAY WE'RE LOOKING OUT FOR THE BEST INTERESTS OF THE CITY.
I DON'T KNOW WHAT WAS THOSE PROMISES THAT WERE MADE.
IF THEY'RE INVITING, PERHAPS MISS JOAN CAN CAN PROVIDE THAT FOR US.
UM, WE'RE TRYING TO WORK, YOU KNOW, TOGETHER AS A BOARD.
WE DO APPRECIATE IT'S A BEAUTIFUL FACILITY, WHAT YOU'VE CREATED IN OUR COMMUNITY.
I'VE HAD THE PLEASURE OF ACTUALLY SEEING AND WITNESSING THAT FACILITY AT THE SAME TIME, WE'RE LOOKING AT FROM MY PERSPECTIVE ANYWAY, FROM MY PERSPECTIVE, I'M LOOKING TO SEE HOW WE CAN WALK AWAY FROM THIS WHERE WE'RE BOTH SATISFIED.
THAT'S WHERE I'M GOING WITH THIS MR. FRONT. SO AT THIS POINT, I KNOW THAT COMMISSIONER BAILEY WANTS TO SPEAK, BUT I WANT TO OPEN UP THE FLOOR FOR QUESTIONS AS WELL TO VICE CHAIRMAN JOHNSON, WHO'S ON THE LINE IF HE HAS ANY COMMENTS.
I THINK I'D LIKE TO HEAR FROM HIM AS WELL.
REAL QUICK, JUST BRIEFLY, AND THIS IS FOR EITHER MR. STEELE OR WHOEVER REGARDING THE COMMERCIAL GOING IN THERE, I KNOW WE TALKED ABOUT A POSSIBLE RESTAURANT OVER THERE.
WHAT WHAT IS THE RESTAURANT YOU'RE LOOKING AT THE OVER IN THAT LOCATION.
RIGHT NOW, WE'RE TALKING TO A COUPLE OF DIFFERENT BREWPUBS THAT WOULD BE DOING, IF YOU GO DOWN IN THE PRESENTATION, A CROOKED CAN CONCEPT THAT HAS INDOOR AND OUTDOOR SEATING.
YOU KNOW, IT'S IT'S KIND OF NEW.
IT'S HIP. IT'S YOU KNOW, THESE PLACES ARE ALWAYS FULL.
IT WOULDN'T BE A 16000 SQUARE FOOT RESTAURANT IS NOT BEING BUILT TODAY.
A SINGLE STORE RESTAURANT WITH 16000 SQUARE FEET UNDER AIR IS NOT BEING BUILT, BUT THIS IS 15000 SQUARE FEET THAT CAN BE BUILT.
AND THIS ALSO INCENTIVIZES FOUR SMALL RESTAURANTS THAT HAVE GONE OUT OF BUSINESS.
THE SPACE INSIDE OF THESE THE SPACE THAT IS USED BY THE TENANTS INSIDE OF THESE ARE ARE MORE ARE MORE SUITABLE TO STARTING UP A RESTAURANT.
WHERE ALL THE PEOPLE ARE SITTING, SO THAT'S KIND OF A SHOTGUN APPROACH.
THERE'S THERE'S PROBABLY 10 IN THAT WALL BACK THERE, THERE'S PROBABLY SIX OR SEVEN DIFFERENT VENDORS IN THIS SPACE.
IF A PIZZA PLACE, THERE'S A SANDWICH PLACE, THERE'S AN ICE CREAM PLACE, THERE'S A COFFEE PLACE ALL ALONG THERE.
AND IT'S YOU KNOW, I'VE I LIVE CLOSE TO THIS THIS PLACE AND IT'S NOW, YOU KNOW, JUST LIKE EVERYBODY ELSE IN THE PANDEMIC.
IT YOU KNOW, IT WAS IT WAS HIT HARD.
BUT IT'S IT'S A GREAT CONCEPT AND AND IT'S IT'S A GREAT GATHERING PLACE FOR PEOPLE.
AND YOU'RE NOT YOU KNOW, YOU DON'T HAVE TO DRINK BEER.
YOU KNOW, YOU CAN TAKE YOUR KIDS THERE FOR ICE CREAM AND GO FOR PIZZA.
AND TO ANDREW'S POINT, IT'S A WAY FOR LOCAL BUSINESSES TO GET STARTED WITHOUT A LOT OF OVERHEAD BECAUSE IT'S JUST A BIG SHELL THERE.
AND IT'S IT'S A IT'S A VERY POPULAR AND WE THINK IT'LL.
DO YOU THINK THIS IS PERFECT FOR THAT? WE ARE THESE ARE BEING THESE ARE BEING BUILT DOWN IN WEST PALM BEACH AND FORT LAUDERDALE, APOPKA, ONE OF THE AREAS YOU'RE TALKING TO IS BUILDING ONE, APOPKA, POPKEN.
NOW THERE'S THERE THEY'RE POPPING UP ALL OVER THE PLACE, ALL OVER THE COUNTRY.
[00:50:01]
IT'S IT'S THE NEW HOT THING.IT'S THE PROBLEM WITH THEM IS, IS THAT YOU HAVE TO WE HAVE TO PUT UP THE MONEY TO BUILD IT BECAUSE THERE'S NO NO CREDIT TENANCY TO IT.
BUT IT'S A IT'S A PLACE THAT WE CAN BUILD WE CAN GET FINANCING FOR.
AND IS A IS WHAT THE CITY HAD ALWAYS ASKED FOR US TO BUILD WAS A PLACE WHERE PEOPLE CAN GO AND CONGREGATE AND HAVE LIVE MUSIC AND HAVE A PLACE TO GO AND AND NOT GO TO MELBOURNE.
THAT VICE CHAIRMAN JOHNSON, ANY ADDITIONAL COMMENTS OR QUESTIONS ABOUT WHERE THE QUESTIONS ARE NOW? AND THANK YOU. THANK YOU, MISS JOANNY.
WOULD THAT I'D LIKE TO ASK YOU A QUESTION.
WOULD THAT TYPE OF FACILITY BE ACCEPTABLE WHILE COMMERCIAL AGREEMENT, SOMETHING ALONG THAT THAT LINE, IS THAT SOMETHING THAT WOULD WOULD BE ACCEPTABLE? IS IN LINE WITH WHAT WAS IN THE AGREEMENT, WHAT WAS PROPOSED, AND AGAIN, I WASN'T HERE AT THE TIME THAT THIS ORIGINALLY CAME TO THIS AREA, BUT I DID WATCH THE VIDEOS AND THE PRESENTATIONS AND THE THE PRESENTATION.
THE CONCEPT FOR THIS DEVELOPMENT WAS THAT SENSE OF PLACE, THAT DESTINATION, AND A CONCEPT LIKE THIS THAT'S PROPOSED, I THINK IT STRUCK AGAINST THE EXAMPLE WOULD MEET THAT CONCEPT, WOULD DELIVER THAT CONCEPT, BUT THAT IS ONLY FIFTEEN THOUSAND SQUARE FEET.
BUT WITH BUT WITH BUILDING THAT AND WITH THE OTHER SINGLE TENANTS THAT WE HAVE IN PLACE, THAT WOULD GIVE US ABOUT TWENTY FIVE THOUSAND SQUARE FEET.
AND THEN IT'S AND THEN IT'S A COUPLE OF IN-LINE BOXES THAT WE CAN FINANCE EMPTY AS LONG AS WE HAVE BASICALLY THIS, WE BASICALLY HAVE TO HAVE 50 PERCENT TENANCY IN PLACE BEFORE WE COULD FIND 50 PERCENT OF TENANCY WOULD BE ON.
FIFTY THOUSAND SQUARE FEET WOULD BE ABOUT TWENTY FIVE THOUSAND.
IF THAT'S IF THAT'S ONE OF OUR CONCEPT PLANS AND THAT'S NOT ME, THAT'S JUST A BANKER TELLING ME WHAT I CAN DO FOR ME AND WHAT I NEED TO HAVE IN PLACE BEFORE I WANT IT.
I'LL BE BACK. ANDREW. THANK YOU.
COMMISSIONER FELIX, I'D LIKE FOR YOU TO WEIGH IN.
YEAH, I PAY QUITE A BIT OF ATTENTION OF WHAT'S BEING DISCUSSED, AND I DON'T KNOW THE THE HISTORY OF THIS WHOLE PROJECT AS A WHOLE.
BUT IN TERMS OF THE COMMERCIAL PART, CONSIDERING THE CURRENT STATE AS FAR AS THE CITY, HOW WE. WE ALL TRYING TO CHANGE COURSE IN TERMS OF BEING A LOT MORE FRIENDLY TO COMMERCIAL AND AND IN IN EVERY ASPECT OF IT.
IT SOUNDS GOOD TO ME, BUT I DO UNDERSTAND STAFF CONCERN IN TERMS OF THE AMENDMENT, THE WORDING. I WOULD BE IN SUPPORT OF THE CONCEPT MOVING FORWARD IN TERMS OF THE EXTENSION OF BEING ASKED. BUT I WOULD I MEAN, AT THIS TIME, I WOULD LEAN ON COUNTS ON STAFF.
WHAT WOULD WHAT YOU KNOW, IN TERMS OF THE AMENDMENT, HOW THEY WANT IT TO BE PROPERLY WARNED US TO, YOU KNOW, SOMEWHERE AT SOME POINT WHERE WE ARE COMFORTABLE WITH THE WITH THE LANGUAGE. BUT IN TERM OF THE EXTENSION, I WOULD BE.
THANK YOU, COMMISSIONER FELIX.
I'M GOING TO GO BACK TO YOU, COMMISSIONER BAILEY, BECAUSE I SAW THAT YOU WERE ROOTING FOR THE MIKE. I JUST WANTED TO FOLLOW UP ON YOUR QUESTION.
SO WHILE THE THIS KIND OF ERROR OPEN AIR CONCEPT IS MEETING THE OBJECTIVE OF HAVING SOME DRAWING, PEOPLE THERE JUST LIKE ME AT RESTAURANTS CAN DRAW PEOPLE THERE, TOO.
SO. SO THIS SUMMER IN NATURE THERE, WHAT'S THE DIFFERENCE IN THE VALUE, COMMERCIAL VALUE TO THE TAXABLE VALUE THAT YOU WOULD REALIZE FROM THAT? I WOULD HAVE TO RELY ON THE EXPERTS TO STATE THAT VALUE, BUT MY UNDERSTANDING IS THIS CONCEPT IS UNDER THREAT.
IT'S LIKE THE IF YOU'VE BEEN TO TAMPA, IT'S LIKE THAT MARKET RECALL THE NAME OF IT.
SO I WOULD IMAGINE IT WOULD HAVE TO HAVE A SIMILAR VALUE.
A VALUE ADDED VALUE WOULD BE SIMILAR TO ANY RESTAURANT YOU CAN BUILD A RESTAURANT OUT IN AND JUST HAVE THAT ALL OPEN SPACE IN YOUR KITCHEN AND WE HAVE THE SAME VALUES IT'S WORTH.
COMMISSIONER PARR HAS A QUESTION.
A COUPLE OF THINGS I DID WANT TO COMMENT ON, AND I'LL START WITH THAT, SINCE THAT'S A CURRENT TOPIC, I'LL JUST SPEAK FOR ME PERSONALLY.
BUT AT THE SAME TIME, I WOULD WANT A NICER UPSCALE RESTAURANT THAT MARRIES THE NICER UPSCALE APARTMENTS AS ITSELF, NOT AN ALMOST.
I DON'T MEAN IT NEGATIVELY COMES OFF LIKE A CAFETERIA FEEL WHEN YOU HAVE ALL THE DIFFERENT TYPES OF FOOD IN AN OPEN AREA.
I WOULD PREFER A SIT DOWN, FINER DINING RESTAURANT FOR THE FINER ESTABLISHMENT THAT YOU'VE BUILT. I REMEMBER COMING OUT THERE, WALKING OUT THERE WHEN YOU GUYS WERE JUST
[00:55:01]
PERSON PUSHING DIRT AROUND WITH YOU, ANDREW.AND YOU GUYS HAVE COME A LONG WAY.
I THAT'S WHERE I WOULD LIKE TO SEE IT GO, SOMETHING MORE UPSCALE.
ROUGHHOUSE SOMETHING THAT'S A DEDICATED RESTAURANT, ONE TYPE.
WE HAVE OTHER RESTAURANT TYPES ALL OVER PALM BAY ALREADY, ALL DOWN IN PALM BAY ROAD.
THAT'S MY PERSONAL FEELINGS AND I'LL JUST LEAVE THAT AT THAT.
COUPLE OF THINGS I DID WANT TO COMMENT ON.
TECHNICALITY PURPOSES, SUBWAY'S FAST FOOD, I MEAN, THEY'RE NECESSARILY JUST HAVE TO HAVE A DRIVE THROUGH. I MEAN, TECHNICALLY, I IF I'M NOT MISTAKEN, I KNOW SEVERAL YEARS AGO THERE WAS A STUDY THAT SUBWAY'S THE LARGEST FAST FOOD CHAIN OUT THERE.
SO, I MEAN, THAT'S JUST WHERE WE ARE.
AND I WANT TO I WANTED TO ANSWER YOUR QUESTION ABOUT WHAT YOU WERE PROMISED IN THE BEGINNING. AND YOU USE THE WORD KICKOFF.
YOU WERE HOUR AND I'LL USE THE TERM THAT WE USED BACK THEN.
CATULLUS PROJECT. YEAH, THAT'S EXACTLY WHAT WE DESCRIBED YOU GUYS AS.
THAT'S EXACTLY WHAT WAS PROMISED AS YOU GUYS WOULD KICK START THE CATALYST TO A POTENTIAL OF THIS DOWNTOWN. I DON'T BELIEVE IT WAS EVER SENT AS THIS WILL HAPPEN.
I DON'T BELIEVE THAT SENTIMENT, AND I WAS AND I WAS ONE, IT WAS ALL BUT ONE VOTE, I BELIEVE VOTED TO APPROVE IT THAT NIGHT.
ACTUALLY, I THINK IT WAS, TOO, IF I'M NOT MISTAKEN, TWO VOTES THAT NIGHT TO NOT APPROVE IT. AND IT WAS A CATALYST PROJECT AND WE WERE VERY THANKFUL.
YOU GUYS HAVE BUILT AN AMAZING FACILITY THERE.
BUT IT WAS A CATALYST PROJECT, AND I KNOW YOU'VE STARTED THE PROJECT ON THE OTHER SIDE OF THE STREET. SO THIS LEADS ME TO MY NEXT QUESTION WHEN WE'RE TALKING ABOUT A POTENTIAL EXTENSION HERE. ARE WE IN COMPETITION NOW WITH COMMERCIAL ACROSS THE STREET? I MEAN, WHEN IF WE'RE TALKING AN EXTENSION THERE OF 18 MONTHS, IS THAT NOW? THE OTHER SIDE OF THE STREET COULD FILL UP BEFORE OUR SIDE OF THE STREET.
I MEAN, ARE WE COMPETING NOW OR WHAT IS WHAT DOES THAT ANSWER? NO, NO, WE WON'T START CONSTRUCTION ON THE WHAT WE'RE CALLING IS.
OK, YOU KNOW, I SAID THIS, THE ENTIRE PROJECT IS A MESS, IS OUR MASTER PLAN PROJECT OR A FAIRYTALE ON BOTH SIDES OF THE STREET APARTMENTS OR DENSITY AND OR IT ALL TO WORK TOGETHER AND TO RAISE A RISING TIDE RAISES ALL SHIPS.
WE'RE LOOKING FOR MORE PEOPLE TO COME TO THIS AREA AND THE RENTS TO GO UP AND THE LEASES TO GO UP AND OR BETTER TENANCY TO COME IN THERE.
I LOVE A CHRIS TO GO IN THERE, BUT RUTH'S CHRIS IS NOT GOING NEXT TO A.
I PLACED THE REQUEST WOULD NOT GO NEXT.
OH, SO THE THERE'S TWO TWO DEVELOPMENT PROJECTS ACROSS THE STREET, WESTSHORE, WHICH IS UNDER CONSTRUCTION AT THE SHORT COMMERCIAL PART, IS WITH THE ISSUE WE HAVEN'T EVEN STARTED ON WHERE WE START ON THE WISHAW GOT THE WORK THAT WE'RE WORKING ON RIGHT NOW.
BUT ANDREW'S POINT, THE COMMERCIAL PART IS AT MINIMUM 18 MONTHS DOWN THE ROAD BEFORE WE EVEN START A SITE WORK HERE.
SO IT'S NOT GOING TO BE AND IT WON'T COMPETE WITH THAT AT ALL.
WHAT IT WILL DO. YOU KNOW, WHICH ANDREW SAID, I MEAN, WHEN YOU HAVE 800 DWELLING UNITS THERE, THEN THE PEOPLE THAT YOU TALK TO, IT BECOMES A DIFFERENT CONVERSATION OR IS WHO WE CAN PUT IN, WHO WE CAN ATTRACT AND.
SO. IT'S GOING TO DO NOTHING BUT MAKE.
THAT'S GOING TO MAKE THIS MORE BAD AND THE FACT THAT WE TO ANDREW'S POINT EARLIER BACK THAT PEOPLE HAVE ALREADY SEEN US UNDER CONSTRUCTION WITH ANOTHER TWO HUNDRED AND FORTY SIX UNITS NOW MAKES THAT MORE THE CURRENT SITE MUCH MORE VIABLE.
AND WE'RE TALKING TO DIFFERENT PEOPLE ALREADY BECAUSE THEY SEE THAT THERE'S GOING TO BE MORE. AND THEN THE LAST THING I GUESS I'LL ADD IS I WOULD BE IN FAVOR, I WOULD SUPPORT IF IT WAS 18 MONTHS FROM THE POINT WE APPROVE IT, NOT ADDING 18 TO THE END OF WHAT'S CURRENTLY THERE, BECAUSE IN MY OPINION, WHEN YOU SUBMITTED THIS ALREADY, YOU.
A SENSE AND I AND I WILL AGREE WITH YOU 100 PERCENT, IT'S IMPOSSIBLE TO ACHIEVE IT BETWEEN NOW AND THE END OF THE YEAR.
NOT ARGUING THAT, BUT IF YOU'RE SAYING RIGHT NOW, YOU KNOW WHAT? AND GOT A SHOT AND RIGHT NOW STARTS 18 MONTHS.
ME. I WOULD LIKE TO SEE IT THAT WAY IF THAT IF THAT WOULD BE THE CASE AS OPPOSED TO 18 MONTHS FROM THE END OF THE YEAR, CORRECT.
UNDERSTOOD. YOUR THOUGHTS ON THAT? GENTLEMEN, I JUST WANTED TO GET CLARITY ON THAT YOU WERE RELEASED, YOU GUYS ARE GOING TO HAVE TO DO THAT. SO I'M NOT GOING TO HELP YOU THAT.
ANY THOUGHTS ON THAT, MR. MCGILL? WE'D BE COMING BACK FOR ANOTHER EXTENSION.
[01:00:04]
AND I WOULD BE SIX MONTHS OUT AND MAYBE GETTING CLOSE TO BEING DONE WITH ANY DELAYS IN THE CEO AND IT'D BE IT'D BE COMING BACK AND ANOTHER CENTURY AND I THINK 18 MONTHS FROM DECEMBER 1ST TIMEFRAME GIVES US JUST ENOUGH TIME PLUS SOME TO MAKE SURE THAT WE GET IT DONE AND GET IT DONE RIGHT AS OPPOSED TO JUST, YOU KNOW.SIX, SIX MONTHS FROM BEING DONE, NOTHING, THEY BELIEVE, SHOW MAYBE A COMPROMISE COULD BE THAT WE COULD WE COULD BY THE TIME THE.
NOW, SOMETHING DONE? OH, NO. OH, WELL, IT'S NOT JUST IT'S NOT JUST US, THOUGH.
THE PERMITTING PROCESS TAKES A LONG TIME.
AND WE'VE SPENT FOUR OR MORE MONTHS SINCE WE SUBMITTED OUR PERMITS ON WESTSHORE BEFORE WE RECEIVED THEM LAST WEEK AND WENT THROUGH FOUR REVIEWS OF THOSE OF THAT PERMIT.
SO THAT'S SUPPOSED TO BE SUPPOSED TO BE A TWO MONTH PROCESS OR A TWO MONTH PROCESS ON AVERAGE, MAYBE THREE.
IT TOOK FOUR. SO THE CITY HAS SLOWED US DOWN ON THE WESTSHORE PROJECT AND IT SLOWED IT DOWN AND OTHER PROJECTS AS WELL FROM THEIR OWN DELAYS.
SO YOU CAN PUT A TIMEFRAME ON US, BUT WE NEED TO BE ABLE TO FLOW THROUGH CITY AND A QUICKER TIMEFRAME BECAUSE THE DELAYS WE'VE SEEN FROM FROM, YOU KNOW, DIFFERENT DIFFERENT SUBSECTIONS HAVE OF SLOWED IT DOWN.
THAT'S IT'S ALMOST A WE CAN SAY IS A NINE MONTH PROCESS JUST TO GET THROUGH THE CITY.
THANK YOU. DOES THAT JUST ADD A COUPLE MORE THINGS HERE? MY MY HOPE I WANT TO DEFEND MY REASONING WITH SAYING 18 MONTHS FROM AGREED UPON SIMPLY BECAUSE YOU HAD MADE A STATEMENT EARLIER THAT YOU APPROXIMATELY HAVE 25000 SQUARE FOOT PRETTY MUCH ALREADY DISCUSSING WITH BUSINESSES.
THAT IS THAT STILL ACCURATE IN IN ABOUT 8000 SQUARE FEET IN L.A.
AND AND LEASES THAT WE HAVEN'T SIGNED YET, PRIMARILY BECAUSE WE'RE WAITING FOR THIS TO OCCUR BEFORE WE SIGN THOSE LEASES.
AND THEN THE THEN THIS BOX, WHICH WE'RE IN DISCUSSIONS WITH, WITH TWO GROUPS RIGHT NOW, ONE, I'M PRETTY SURE THEY'RE GOING TO COMMIT TO US TO DO IT.
STAGE, A TENT THAT I WANT TO SAY IT AGAIN WOULD LEAD ME TO SAY WHAT I'M PROPOSING HERE IS SIMPLY BECAUSE YOU'VE GOT SOME PEOPLE THAT ARE STRONG INTEREST, I'LL CALL IT THAT STRONG INTEREST. YOU'RE SAYING ANOTHER PROJECT ACROSS THE STREET IS PULLING MORE INTEREST.
THAT'S BREEDING A WONDERFUL SITUATION FOR YOU GUYS.
AND I WOULD BE IN SUPPORT OF SOMETHING.
IF WE CAN HAVE A HARD LINE, SIT THERE AND SAY, ALL RIGHT.
BENEFITS TO, YOU KNOW, I WANT TO HOLD A HARD LINE AND I WANT TO BE FRIENDLY, YOU GUYS REMEMBER BACK WHEN WE DID ALL THIS, I WAS VERY FRIENDLY, PRO COMMERCIAL.
I WANTED AT THE SAME TIME, I DON'T WANT TO JUST KEEP IT OPEN ENDED.
THIS EXTENSION'S WHEN YOU'RE TELLING ME YOU'VE GOT HALF OF IT VERY STRONGLY COMMUNICATING ALREADY, YOU KNOW, LET'S GO AND HAVE A HARD LINE.
ALL RIGHT, CHAIRMAN, IF I'M GOING TO AGREE ON YOUR PLAN, I'LL TAKE AND I JUST WANT TO MAKE SURE THAT WE'RE NOT HANDCUFFING PEOPLE TO TO OK.
I JUST WANT TO MAKE SURE THAT I MEAN, YOU GUYS GOT STRONG INTEREST.
LET'S ROLL WITH IT. BUT, YOU KNOW, WE CAN'T JUST KEEP OPEN ENDING THIS ANY DAY.
AND THAT'S THE POINT. BUT AT THE SAME TIME, MR. STEELE SAID, WE'RE PROBABLY GOING TO COME BACK FOR AN EXTENSION.
AND SO THAT'S WHAT WE'RE TRYING TO AVOID.
GO AHEAD AND TAKE A LOOK AT THE AT THE YOU KNOW, THE WHOLE PROCESS.
YOU KNOW, NOT ONLY IS THERE JUST THE LEASE PROCESS NEGOTIATION TO GET THIS DONE, SITE PLAN APPROVAL, REGULATORY GROWTH MANAGEMENT.
ZAIN, WE HAVE TO HAVE ALL OF THE DESIGN AND THEN STARTS THE PERMITTING.
SO LET'S SAY TWO MONTHS DESIGN ON A FAST TRACK FOR MONTHS THROUGH ALL REGULATORY, LET'S SAY PUBLIC WORKS, WATER UTILITIES, YOU KNOW, ALL THE DEPARTMENTS, LET'S SAY, ON A FAST TRACK. AND THERE'S FINANCING STILL NEED TO TURN AROUND AND GET THE MONEY FROM THE BANKS TO GO AHEAD AND BUILD. SO THERE IS ANOTHER TWO MONTHS JUST TO GET THROUGH THOSE LITTLE PIECES. WE CAN TRY TO DO SOME OF THEM PARALLEL, BUT SOME OF THEM DO END UP BACK TO BACK.
AND THERE'S THE PHYSICAL CONSTRUCTION.
AND DEPENDING ON ON THE QUALITY OF THE WORK AND THE TYPE OF STRUCTURE THAT WE ACTUALLY USE, WOOD VERSUS STEEL, CONCRETE, ET CETERA, THAT'S A LENGTHY PROCESS.
SO I ASSUME AT LEAST SIX MONTHS JUST TO GET THROUGH THE CONSTRUCTION OF SIX, FOUR TO ONE.
WE'RE ALREADY WE'RE ALREADY PAST 12 GOING TOWARDS 14 QUICKLY.
THAT'S WHAT I JUST WANTED TO LET YOU ALL KIND OF SEE THE BIGGER PICTURE OF WHAT I HAVE TO
[01:05:04]
DO. THANK YOU, SIR.PARDON, NO, I DON'T KNOW IF YOU IF ANY OF YOU TRIED TO BUY APPLIANCES, UNKOVIC, I MEAN, I'VE BEEN WAITING FOR NINE MONTHS ON OUR REFRIGERATOR.
SO I CAN'T IMAGINE I DON'T KNOW WHAT COMMERCIAL GRADE APPLIANCES ARE, BUT I KNOW I MEAN, IT'S IT'S IT'S RIDICULOUS OUT THERE BECAUSE IT'S JUST A DOMINO EFFECT.
EVERYTHING'S SHUT DOWN, YOU KNOW? YOU KNOW, I'M NOT SAYING THAT'S GOING TO BE AN ISSUE, BUT THEY ARE GOING TO BE UNINTENDED CONSEQUENCES OF THINGS THAT WE DON'T SEE.
AND SO. NOBODY WANTS TO DO IT ANY FASTER THAN WE DO AT THIS POINT, WE GOT VACANT LAND OVER THERE MAKING US ZERO MONEY.
THAT'S NOT IN OUR BEST INTEREST.
THANK YOU. AT THIS POINT, KELL'S OR COMMISSIONERS', MR. BAILEY, MY QUESTION WOULD HAVE BEEN WHAT IS THE EXPECTED? WHAT DO YOU GUYS EXPECT TO BE ON THE HOOK FOR IF YOU GUYS DON'T BUILD UP THE BOND? I WANT YOU GUYS YOU KNOW HOW MUCH MONEY YOU GUYS CAN PUT UP.
THE BOND WOULD BE FOR THE VALUE OF THE DEVELOPMENT.
SO 30000 SQUARE FEET, WE WERE QUOTED, WOULD BE ABOUT FOUR AND A HALF MILLION DOLLARS TO BUILD AND WE'D BE ON THE HOOK FOR FOUR AND A HALF MILLION DOLLARS OR WHATEVER IS NOT COMPLETED. THE BOND IS A COMPLETION BOND.
SO IF WE DON'T COMPLETE IT, THEN WE ARE ON THE HOOK FOR PAYING TO HAVE IT COMPLETED.
IF YOU DON'T. AND WE PAY TO HAVE IT COMPLETED AND BASICALLY MEANS IT'S GUARANTEED TO BE COMPLETED, BUT WHAT I MEAN, I UNDERSTAND THAT THAT'S GOING TO BE THE CHOICES CAN MOST LIKELY BE MADE. BUT WHAT WOULD BE THE RAMIFICATIONS IF YOU DID NOT COMPLETE IT, IF THERE WAS A MILLION DOLLARS LEFT TO SPEND TO FINISH IT? WE WOULD HAVE TO PAY A MILLION DOLLARS TO THE BONDING COMPANY FOR THEM TO HIRE SOMEBODY ELSE TO FINISH THE.
BONDING COMPANY, WE HAVE TO PAY, THEN THEY COME AFTER US.
AT THAT POINT, THOUGH, I THINK WE HAD ALREADY SPOKEN ON THE MAXIMUM, LIKE FRAN SAID, THE MAXIMUM ON ON COMMERCIAL AND THE BAN WOULD BE GUARANTEED THE MAXIMUM OF THAT COMMERCIAL.
RIGHT. LIKE LIKE I WAS SAYING, THE 30000 CAME OUT BECAUSE THAT WAS A NUMBER THAT I CAN GUARANTEE THAT I KNOW WE CAN BUILD.
SO THAT GETS TO THE POINT OF WHAT FRANCE WAS SAYING.
YOU KNOW, IF WE YOU KNOW, MAYBE WE BUILD 30000 SQUARE FEET AND WE STILL HAVE TWO PARCELS LEFT OVER THAT ARE WAITING FOR, YOU KNOW, ANOTHER TENANT TO COME IN.
THEY COME IN LATER. BUT, YOU KNOW, WE GUARANTEE THAT AT LEAST 30000 SQUARE FEET GETS BUILT IN THAT TIME FRAME.
AND WE WE'RE GOING TO BUILD AS MUCH AS WE CAN.
BUT THAT'S A THAT'S A, YOU KNOW, GUARANTEED MINIMUM.
IT'S NOT A IT'S NOT THE MAXIMUM THAT WE CAN BUILD.
I LIKE I SAID, THE ZONING ALLOWS FOR US TO BUILD SO MANY SQUARE FEET AND THEN THE ENGINEERS COME IN AND SAY, OH, THIS IS A RESTAURANT AND THIS IS AN OFFICE TENANT.
THIS IS A MEDICAL OFFICE TENANT.
THIS IS A FAST FOOD RESTAURANT.
THEY ALL REQUIRE DIFFERENT PARKING RATIOS.
THEY ALL REQUIRE DIFFERENT ADAS.
THEY ALL REQUIRE DIFFERENT LANDSCAPING.
THEY ALL REQUIRE DIFFERENT BOXES.
SO IT'S BASICALLY UP TO THE FINAL MAXIMUM SQUARE FOOTAGE WE CAN BUILD IS NOT JUST LEGALLY PERMISSIBLE, IT IS PHYSICALLY POSSIBLE.
AND FINANCIALLY FEASIBLE, BUT FINANCIALLY FEASIBLE, PARR WERE BASICALLY TAKEN OFF THE TABLE. ON MISSIONERS, ANY FURTHER QUESTIONS? OK, THANK YOU.
THANK YOU. WHAT'S THE PLEASURE? I HAVE A QUESTION FOR YOU.
SORRY, WHAT ARE WE ABLE I MEAN, I UNDERSTAND THIS IS THEIR REQUEST FOR A CHANGE.
ARE WE ABLE TO CHANGE THAT RIGHT HERE, RIGHT NOW, OR IS THAT SOMETHING THAT WOULD HAVE TO GO BACK AND THEN COME BACK AGAIN? I WOULD LIKE TO ASK OUR ATTORNEY, PATRICIA SMITH, TO COME UP AND ANSWER THAT.
AND WHILE SHE'S COMING UP HERE, MY THOUGHT IS IF THE MOTION IS TO AUTHORIZE STAFF TO WORK ON A DRAFT AMENDMENT.
THAT'S SOMETHING THAT WOULD HAVE TO COME BACK.
MY PREFERENCE, CERTAINLY, IF THE COMMISSION WANTS TO GRANT THE EXTENSION, BECAUSE LOOK AT PARAGRAPH FIVE THAT TALKS ABOUT MODIFICATION OF DEVELOPMENT AND IT SAYS IT IS GOING TO BE SUBSTANTIALLY IN ACCORDANCE WITH SUBSECTION TWO AND WITH THE EXHIBIT AND HEARING A LOT OF LANGUAGE THAT, WELL, WE CAN'T REALLY DO SUBSTANTIAL COMPLIANCE WITH EXHIBIT TWO.
WE'RE GOING TO DO AS MUCH AS WE CAN.
AND AS FAR AS WHAT EXACTLY WE'RE GETTING.
I'M NOT QUITE SURE BECAUSE WE DON'T HAVE LANGUAGE THAT'S FIRM AND ACCORDING TO PROVISION FIVE, WHICH IS NOT IN THE AMENDMENT, IS IF YOU'RE GOING TO CHANGE THIS AND THERE MAY BE LEGITIMATE REASONS FOR CHANGING IT, YOU KNOW, BECAUSE THEY HAD TO DO THE, YOU KNOW, STORM
[01:10:02]
WATER, WHATEVER. BUT WHAT WE NEED TO DO IS AMEND THIS SO WE ALL KNOW WHAT WE'RE GETTING.WE'RE JUST GOING TO DO THE BEST WE CAN.
WE CERTAINLY HOPE AND I'M NOT SAYING THAT THEY WON'T, BUT AS FAR AS A LEGAL DOCUMENT, I WANT SOMETHING A LITTLE FIRMER AS FAR AS EXACTLY WHAT IT IS THAT THEY'RE GOING TO PROVIDE. AND WE'RE KIND OF AWAY FROM WHAT'S IN THIS AGREEMENT.
WE DON'T DRESS IT IN THEIR AMENDMENT AND THAT I'M NOT PARTICULARLY COMFORTABLE WITH.
AND I CERTAINLY THINK IT'S SOMETHING THAT I COULD IF YOU COMMISSIONED DURET SO I CAN SPEAK WITH THEM. I'VE SPOKEN THEM WHERE WE CAN WORK WITH THE BOND.
I DON'T HAVE AN ISSUE WITH WORKING WITH THEM IS NOTHING NEGATIVE THEM.
BUT RIGHT NOW I DON'T THINK WE FIRMLY HAVE WHAT IT IS THEY'RE GOING TO DO.
AND IT'S HARD TO SAY, HEY, YOU'RE DOING IT OR YOU'RE NOT DOING IT.
IF IT'S COUNCILMAN, WE'RE GOING TO DO THE BEST.
WE NEED A LITTLE BIT MORE FIRM DEFINITION AS FAR AS WHAT IT IS THAT WE EXPECT SO THEY KNOW WHAT THEY SHOULD DO.
WE KNOW IF THEY'RE NOT DOING IT.
BUT I THINK RIGHT NOW WE'VE GOTTEN AWAY FROM THIS AGREEMENT.
WE DON'T HAVE ANY AMENDMENTS, AND THAT'S CONCERNING.
OK, SO RIGHT ALONG THE SAME VEIN, MISS SMITH, I JUST WANT TO GET MY HEAD AROUND WHAT YOUR COMMENTS WERE JUST NOW.
SO WHAT YOU'RE SUGGESTING IS THAT WE DON'T ACCEPT THIS AMENDMENT AND WE WE MOVE TO THE THE PROPOSED MOTION.
IS THAT WHAT I'M HEARING LEGALLY IS I MEAN, THERE ARE POLICY ISSUES.
WHY, YOU KNOW, MICHAEL BROWN IS RECOMMENDING AGAINST IT FROM A LEGAL PERSPECTIVE.
I DON'T PARTICULARLY CARE WHETHER YOU GO FORWARD OR NOT, BUT I DO CARE THAT WHATEVER YOU DO IS MEMORIALIZED ACCURATELY AND THAT IS MY CONCERN.
IF YOU WANT TO GRANT AN EXTENSION, IT SAYS THAT YOU MAKE THAT'S PERMISSIBLE.
BUT WHAT WE'RE GETTING AND WHAT I GOING TO MAKE SURE THAT THEY DO WHAT THEY SAY THEY'RE GOING TO DO, I THINK WE DON'T HAVE THE LANGUAGE IN IT.
MY RECOMMENDATION, IF YOU VOTE TO EXTEND, GIVE ME TIME TO NEGOTIATE WITH THEM AND BRING BACK A CONTRACT AND DECIDE DO YOU WANT IT 18 MONTHS OR DO YOU WANT TO 18 MONTHS WITH SOME MILE MARKERS WHERE, YOU KNOW, HEY, BY A CERTAIN PERIOD OF TIME, YOU'VE GOT, YOU KNOW, YOUR SITE PLANNED, YOU'VE GOT YOUR PERMITS AND ALLOW FOR, YOU KNOW, HEY, IF SOMETHING COMES UP AND MEET CERTAIN CRITERIA AND YOU NEED A YOU KNOW, A CONTINUOUS ADDITIONAL TIME WILL PERMIT THAT. BUT.
I THINK WE NEED MORE LANGUAGE THAT'S ACTUALLY IN THE CONTRACT BECAUSE THERE'S A LOT OF THINGS THAT HAVE BEEN SAID VERBALLY THAT WON'T HOLD UP IF SOMETHING WERE TO GO WRONG.
SO. WHAT I'M ASKING RIGHT IS BASED ON YOUR COMMENTS.
MR. BAILEY HAD PUT UP ON THE SCREEN, AND THAT'LL GIVE YOU THE OPPORTUNITY TO SET THOSE THINGS AND PUT THEM IN WRITING, IS THAT IS THAT WHAT I'M HEARING NOW? THE MOTION THAT YOU HAVE SAYS TO DENY THE EXTENSION.
THIS WHAT I AM SAYING WOULD ONLY APPLY IF YOU WERE TO GRANT THE EXTENSION.
WELL, EVEN IF YOU WEREN'T IN THE GRANT DISTRICT, I STILL THINK THAT YOU NEED TO FIRM UP WHAT IT IS. IT'S IN A DEVELOPMENT.
THERE SEEMS TO BE SOME PEOPLE THAT SEEM TO BE MORE WILLING TO GRANT AN EXTENSION ON CERTAIN TERMS. MY CONCERN IS THAT IF YOU DO THAT, ALLOW ME TO GET THOSE TERMS MORE FULLY DEVELOPED, WHICH IS BUT IF YOU CERTAINLY REJECT THAT, ALL YOU WOULD HAVE TO DO IS AT HALF STAFF, NEGOTIATE THAT BY FRICATION LANGUAGE.
AND I STILL THINK YOU NEED TO HAVE STAFF WORK WITH THEM AS FAR AS WHAT EXACTLY THIS PROJECT IS NOW.
SO IT IS A LITTLE DIFFERENT, YOU KNOW.
SO IF WE MAKE A MOTION TO EXTEND THIS, WHAT YOU'RE SAYING IS YOU WANT ALL THOSE ITEMS CATEGORIZED IN THAT MOTION? NO. IS THAT ACCURATE? I THINK YOU CAN MAKE IT IF YOU WANT TO MAKE A MOTION TO EXTEND MAKING A MOTION TO STAND AND AUTHORIZE THE CITY ATTORNEY'S STAFF TO NEGOTIATE WITH THE APPLICANT THERE.
HERE WE CAN TALK AND I THINK WE CAN WORK OUT A CONTRACT TO BRING THAT.
BUT I DON'T THINK WE'RE AT A POINT NOW.
BUT WHAT THE THINGS THAT HAVE BEEN SAID WHERE YOU CAN MAKE AN EMOTIONAL STAND AND ADOPT SOMETHING THAT FULLY PROTECTS BOTH PARTIES INTERESTS.
MR. CHAIRMAN, I COULD JUST ADD SOME REAL QUICK.
I'LL SAY TWO THINGS REAL QUICKLY.
I WOULD LIKE TO SEE STAFF WORK WITH THE DEVELOPERS TO CHANGE THE LANGUAGE, ULTIMATELY, NOT TO FOCUS ON A MINIMUM OF 30000.
I WANT TO FOCUS ON THE MAXIMUM ALLOWABLE.
I DON'T I DON'T LIKE THAT LANGUAGE.
I LIKE TO FOCUS ON THE MAXIMUM AS OPPOSED TO A MINIMUM WHEN WE'RE TALKING CONTRACT TERMS THERE. AND I WOULD LIKE TO ULTIMATELY MAKE THE MOTION TO GO AHEAD AND LET STAFF CONTINUE THIS NEGOTIATION, WHICH MEANING WE ARE NOT APPROVING OR DENYING THAT NOW.
WE ARE RECOMMENDING MAKING THE MOTION TO HAVE STAFF RENEGOTIATE THIS TO BRING A DIFFERENT
[01:15:02]
AMENDMENT TO THE BOARD AT THIS TIME.THAT WOULD BE MY MOTION. BASED UPON RECOMMENDATIONS THAT WE WILL DISCUSS NOW.
WE HAVEN'T HAD PUBLIC COMMENT YET.
OK, THEN I'M JUST TRYING TO GET US THROUGH IT.
I FEEL THAT, SIR, AND CERTAINLY THAT WOULD BE THAT WOULD WORK.
YOU KNOW, YOU MAKE THAT MOTION COUNT.
THE MISSION GIVES US DIRECTION.
I'D HAVE NO PROBLEM WITH THAT EITHER.
THANK YOU, MA'AM. I THINK WE'LL HAVE PUBLIC COMMENT.
KEEP THAT IN MIND. THAT I GOT.
IS THERE ANYONE THAT WISHES TO SPEAK FOR OR AGAINST ASYLUM THAT'S IN THE AUDIENCE? ANYONE HE'S ALREADY SPOKEN, ANYONE WISH TO SPEAK FOR OR AGAINST ASYLUM IN THE PUBLIC? THE PHONE. MIKE MCQUEARY FOR ONE EIGHT TO SIX DIXIE HIGHWAY NE, AND IT IT WASN'T MY INTENT TO SPEAK, BUT CERTAINLY GIVEN THE COMPLEXITY OF COVID AND RETAIL DEVELOPMENT, IT WENT TO MY MIND, SEEM UNREASONABLE TO PROVIDE AN EXTENSION WITH WHATEVER CAVEATS YOU ALL THINK ARE APPROPRIATE.
THAT'S THAT'S MY INITIAL IMPRESSION.
AND WITH REGARD TO THE THE JOHN CONNELLAN CONCEPT SKETCHES, WHICH WERE ON THE BOARD, I SAT ON THE BECHARA WHEN THOSE SKETCHES WERE FIRST.
PULLED UP FROM SOMEWHERE, AND I THINK NO ONE BUT, WELL, IN MY JUDGMENT, NO ONE ON THE BACARA BUT MR MARSHALL EVER THOUGHT IT WAS A GRAND, WONDERFUL DREAM, BUT NO ONE REALLY THOUGHT IT WAS REALITY.
AND IN FACT, A NUMBER OF US SAID, WHERE THE HECK DID THIS COME FROM? WE NEVER THIS WAS NOT THAT IT WASN'T A GOOD IDEA, BUT NONE OF US, NO ONE ON THE EKRA EVER SUGGESTED IT OR AND NO ONE THOUGHT IT WAS REALITY OTHER THAN MR. MARSHALL. IT WAS A VERY GRAND DREAM THAT, YOU KNOW, IF AN ENORMOUS GRANT HAD FALLEN FROM THE SKY TO FUND IT ALL MIGHT HAVE BEEN WONDERFUL.
BUT IT JUST IF MR MARSHALL PORTRAYED THAT AS FACT, HE WAS INCLINED TO, YOU KNOW, STRETCH REALITY WOULD BE A KIND WAY TO SAY IT.
ANYONE ELSE WISH TO SPEAK FOR OR AGAINST THE SINEM? I'M GOING BACK UP, ANDREW.
MR. MARSHALL WAS A GREAT SALESMAN, SO I'LL LEAVE THAT AT THAT AND THE DEVELOPMENT AGREEMENT, IT ALREADY SAYS UP TO 48000 SQUARE FEET.
SO THERE IS NO MINIMUM IN THE DEVELOPMENT AGREEMENT.
THE REDEVELOPMENT INCENTIVE AGREEMENT DOESN'T HAVE A SQUARE FOOTAGE ATTACHED TO IT, EXCEPT FOR AN EXHIBIT, WHICH I'VE ALWAYS THOUGHT WAS JUST A CONCEPT PLAN TO SHOW KIND OF WHERE WHERE WE WERE GOING WITH THIS AND OUR PARCELS.
AND AT ONE POINT, IT WAS THAT WE BASICALLY JUST LEFT IT AS OUR PARCELS WITHOUT ANY BOXES ON ON THE EXHIBIT.
SO MAYBE WE PUT THE WRONG EXHIBIT INTO THE REDEVELOPMENT INCENTIVE AGREEMENT.
WE SHOULD JUST LEFT IT AS OUT PARCELS AND NO BOXES ON TOP OF IT START OFF WITH.
I THINK I THINK IF WE WERE TO RECEIVE THE EXTENSION AND TO BE GRANTED THE ABILITY TO FINALIZE OUR NEGOTIATIONS ON THE AMENDMENT, WE CAN GET THAT DONE PRETTY QUICKLY THE WAY WE HAD ALREADY STARTED WORKING ON IT.
I THINK THE I THINK THE SQUARE FOOTAGE ISSUE IS IS ONE THAT'S STICKING WITH EVERYBODY.
AND I THINK THAT'S SOMETHING WE CAN FIGURE OUT, VERBIAGE THAT, YOU KNOW, TO THE BEST OF OUR ABILITIES GET TO THE MAXIMUM SQUARE FOOTAGE THAT'S, YOU KNOW, PHYSICALLY POSSIBLE AND LEGALLY ALLOWABLE. AND THERE'S THERE'S STILL A THERE'S REMEMBER, THERE'S STILL A SITE PLAN, REVIEW PROCESS, DEVELOPMENT REVIEW PROCESS.
AND ALL OF THE BUILDINGS THAT WE BUILD HAVE TO BE APPROVED BY THE CITY AND THE STAFF.
AND THAT GOES THROUGH MULTIPLE COMMITTEES FOR SIX TO NINE MONTHS BEFORE WE GET APPROVED TO BUILD ANYTHING. SO IT'S NOT LIKE WE SIGNED THIS AGREEMENT AND THEN WE JUST GO OUT AND BUILD WHATEVER WE WANT TO BUILD.
THERE'S STILL A THERE'S STILL A LOT OF PEOPLE THAT THIS HAS TO GO THROUGH IN ORDER FOR US TO GET APPROVED. AND IF WE DON'T MEET CERTAIN ARCHITECTURAL GUIDELINES SET UP BY THE CITY, THEN WE CAN'T BUILD ANYTHING.
SO AND THOSE GUIDELINES EXIST NOW.
WE DON'T HAVE TO REWRITE THEM THAT ARE THERE IN BLACK AND WHITE IN YOUR CODE.
THEY CAN TALK MORE ABOUT IT, BUT WE HAVE TO GO THROUGH THAT PROCESS ALREADY.
INTO THE MONEY SIDE, MARRAWAH, EVERYTHING DOES REQUIRE SITE PLANNING APPROVAL BY GROWTH MANAGEMENT, FIRST AND FOREMOST THEN ALSO SO IT GOES ON INTO OTHER WORKS, UTILITIES, ET CETERA. SO EVERY DEPARTMENT WILL HAVE THEIR THEIR INPUT ON THIS.
[01:20:01]
PLUS, THERE'S ALSO THE IMPACT REVIEW FEES THAT ARE INVOLVED WITH WITH ALL THESE COMMERCIAL PROJECTS AS WELL.SO THAT IS ALSO TAKING INTO ACCOUNT.
THANK YOU. ALREADY THERE. THANK YOU.
OK, COMMISSIONERS, WHAT'S YOUR PLEASURE? I CAN MAKE A MOTION TO SEND IT BACK WITH STAFF TO DEVELOP THE CORRECT VERBIAGE AND LANGUAGE DESIRED WITH LEGAL TEAM TO EXPRESS THE INTEREST OF THE SPORT.
INCLUDE THE BOND, DEFINITELY TO INCLUDE THE BOND AND ANY AND TO WORK FOR MAXIMUM ALLOWABLE, LEGAL, USABLE SQUARE FOOTAGE OF COMMERCIAL PROPERTY.
YES, MADAM JOANNY, MADAM CHAIRMAN.
OK, YES, COMMISSIONER FELIX, I.
MR. PARR IS GETTING SOMEWHERE WITH WHAT IS THE WAY HE HEARD THE MOTION, BUT EXCLUDING THE EXTENSION, I DON'T QUITE UNDERSTAND IT.
MAKE A MOTION TO TO APPROVE THE EXTENSION WITHOUT ALLOWING STAFF, ATTORNEY AND STAFF TO STILL WORK ON IT WITH THE APPLICANT, TO STILL WORK ON THE STRENGTH, THE LANGUAGE.
I BELIEVE THAT'S WHAT I GOT FROM CITY ATTORNEY, IS THAT CORRECT? OK, STILL ALLOWING LET'S LET'S APPROVE THE EXTENSION.
LET'S NOT, YOU KNOW, PLAY AARON.
I FEEL LIKE WE CAN'T I MEAN, BEING WE WANT TO BE FAIR TO THE CITY TAXES AND OR TAXPAYERS.
WE ALSO WANT TO MAKE SURE THAT, YOU KNOW, TO WHAT I'VE HEARD COVID OVER IMPACT THE WORLD.
AND I THINK OUT OF FAIRNESS TO THEM, LET'S LET'S APPROVE IT 18 MONTHS STARTING IN DECEMBER. WHAT I WOULD ADD AS WELL IS TO, AS YOU MENTIONED AND COMMISSIONER PARR MENTIONED AS WELL, TO THE MAXIMUM DEVELOPMENT, NOT NOT THE MINIMUM THAT A FIFTY TWO THOUSAND SQUARE FOOT.
I WOULD WANT THAT LANGUAGE TO BE IN THERE TO THE FULLEST OF THE EXTENSION.
WHAT WAS PROMISED FROM THE BEGINNING.
LET'S APPROVE IT. AND STILL, AS REQUIRED THAT, YOU KNOW, THEY MEET WITH STAFF TO WORK TO STRENGTHEN THE LANGUAGE. SO COUNCILMAN FELIX, I HEAR WHAT YOU'RE SAYING, AND I THINK HIS MOTION COULD BE SAVED, BUT IT COULD BE AMENDED, RIGHT, TO INCLUDE THE 18 MONTHS RIGHT THERE. AND WE'RE THERE TO INCLUDE THE 18 MONTHS FROM THE END OF DECEMBER.
IF THAT IF THAT WERE TO BE NEGOTIATED AT THAT POINT, I WOULD NOT PUT THAT IN WITH MY MOTION BECAUSE AND YOU CAN CALL ME PLAYING HARDBALL HERE.
WHATEVER THE CASE, THAT'S OUR CARRY.
THAT'S OUR CARE THAT WE HAVE TO MAKE SURE WE GET THE WORDING, WORDING THAT WE WANT IN THIS CONTRACT TO GO FORWARD WITH IT.
WE GIVE THE CARROT BEFORE WE GET THE WORDING WE WANT.
AND I UNDERSTAND THEY WANT TO BUILD THE BEST PRODUCT.
I FIRMLY BELIEVE THAT WE'VE GOT TO PROTECT OUR INVESTMENT IF WE GIVE THAT BENEFITS FOR AN EXTENDED PERIOD OF TIME.
I WANT TO GET OUR ASSURANCES THAT WE'RE GETTING OUR VERBIAGE THAT WE WANT.
SO I WOULD NOT BE IN FAVOR OF AMENDING THAT MOTION.
SO WE DO HAVE A MOTION ON THE FLOOR.
IS THERE A SECOND? AND THE MOST WOULD BE REPEATED.
MR. PARR, WOULD YOU MAKE THE MOTION, I BELIEVE, JONAH? I JUST WANT TO MAKE SURE IF YOU COULD REPEAT THAT AND I'LL MAKE SURE THAT WRITE IT WORD FOR WORD. YES, I SPOKE PRETTY QUICKLY, BUT I WILL TRY TO REITERATE A MOTION TO AUTHORIZE STAFF TO WORK WITH THE DEVELOPER TO HAVE ON THE ON THE AGREEMENT ON THE AMENDMENT TO INCLUDE VERBIAGE IN LANGUAGE THAT PROVIDES FOR THE MAXIMUM ALLOWABLE COMMERCIAL.
I IMAGINE THAT WAS THE MEAT OF IT.
I DON'T RECALL THERE WAS ANYTHING ELSE.
IT WAS THE BOND TO INCLUDE THE MAXIMUM OF THE SQUARE, THE COMMERCIAL SQUARE FOOTAGE AND THE BOND THAT PROTECTS THE CITY.
JUST FOR CLARIFICATION, SO THIS ISN'T A MOTION TO APPROVE.
THIS IS JUST A MOTION FOR STAFF TO WORK WITH AND THEN I'LL COME BACK TO IT AFTER THEY WORK WITH THEM. THAT THAT IS CORRECT.
WITH WITH LEGAL COUNSEL, VICE CHAIRMAN AND STAFF.
AND PATRICIA, YOU'RE COMFORTABLE WITH THIS MESSAGE FROM A LEGAL STANDPOINT.
MISS SMITH IS COMING TO THE PODIUM TO BE ON THE RECORD.
[01:25:02]
YOU THOUGHT THE ONLY THING THAT I THINK WE PROBABLY LEFT OFF IS THE BIFURCATION ISSUE, WHICH I BELIEVE STAFF HAD NO ISSUE WITH.WOULD BE OK, AMENDING MY MOTION TO INCLUDE THAT.
I'LL SECOND. SO I'VE GOT A MOTION BY COMMISSIONER PARR IN A SECOND BY VICE CHAIRMAN JOHNSON. ANY FURTHER DISCUSSION, COMMISSIONER BAILEY? YEAH, AND YOU KNOW, THERE ARE SOME QUESTIONS.
WE DID A LOT OF COMMENTS DURING THE REALLY DURING THE THE PUBLIC COMMENTS SECTION THERE AND TALKING WITH STAFF. BUT I'LL BE FRANK, YOU KNOW, I DON'T THINK THAT COVID THE REAL REASON. I THINK IT'S AN EXCUSE.
AND WE HAVE SEEN COMMERCIAL POPPING UP LEFT AND RIGHT THROUGHOUT THE CITY THROUGH THIS WHOLE TIME. CITY HAS NEVER BEEN SHUT DOWN.
AND I SPOKE TO A DEVELOPER JUST TODAY.
WHO ALSO HAS OFFICE, RETAIL, RESTAURANT, AND THEY SAID I ASKED THEM, NO CONTEXT OF THIS, JUST ASK THEM JUST TO GET A SECOND OPINION AND COVID NEGATIVELY IMPACT, HE SAID MOSTLY IT'S BEEN POSITIVE IMPACT FOR THEM, BUT THERE'S BEEN NEGATIVE IN THE FACT THAT THEY WERE HAVING A HARD TIME GETTING TO PERMIT'S, BUT NOT IN THE CITY OF PALM BAY WITH OUTSIDE AGENCIES. SO WE'RE TALKING ABOUT STATE FEDERAL LEVEL AGENCY PERMITS THAT THEY NEED FOR THEIR PROJECT. AND SO THEREFORE THAT GIVE ME THE WHICH IT WAS JUST REALLY CONFIRMED MY GUT, WHICH IS AND I'VE SHARED IT WITH STAFF AND LEGAL, THAT I JUST DON'T THINK THAT THERE'S ANYTHING ABOUT COVID THAT REALLY IS REALLY DRAWN DOWN THIS THIS PROJECT.
SO I DON'T THINK THAT THAT'S A VALID WAY TO MOVE IT FORWARD.
WE ARE. IF WE ARE GOING TO MOVE IT FORWARD, I THINK THERE'S A LOT OF A LOT MORE CONTINGENCIES WE SHOULD BE LOOKING AT AS A BOARD AND AS A CITY, THERE ARE THINGS FOUR FOR ONE IF WE'RE GOING TO BIFURCATE THE PROPERTIES IN ORDER FOR THEIR FINANCING.
I HAVE NO PROBLEM BEING FLEXIBLE IN THAT REGARD.
BIFURCATING THE THE RESIDENTIAL FROM COMMERCIAL FOR THE INCENTIVE IS AN ISSUE FOR ME.
SO I WHILE I DON'T I STILL DON'T LIKE THE FACT THAT WE'RE SUBSIDIZING 85 PERCENT COMMERCIAL I'M SORRY, RESIDENTIAL IN THE ORIGINAL WITH ONLY 15 PERCENT COMMERCIAL AND IT'S ACTUALLY A LITTLE BIT LESS THAN 15.
BUT NOW IT'S DROPPING DOWN TO ALMOST HALF OF THAT NOW IS PROJECTED TO BE OVER 90 PERCENT RESIDENTIAL. AND I WOULD NOT CALL IT A BLIGHTED AREA.
I WOULD CALL IT A IT WAS A VACANT LOT.
SO. TO ME, IT NEVER MADE SENSE, BUT IF THIS BOARD STILL THINKS IT MAKES SENSE.
THEN THEY SHOULD CONSIDER THINGS LIKE NOT GETTING THE RESIDENTIAL ASCENSION OR THE RESIDENTIAL REBATE UNTIL THE COMMERCIAL IS DONE, THAT WOULD GIVE YOU A GUARANTEE THAT THE COMMERCIAL IS GOING TO GET DONE IF THAT'S TOO MUCH FOR THE BOARD TO CONSIDER.
AND, YOU KNOW, FOR FOR WHAT WE'RE TRYING TO DO IS THE BEST FOR THIS CITY AND I HEAR WHERE YOU'RE GOING, COMMISSIONER BAILEY, BUT LET'S TAKE THAT PIECE, THAT COMPONENT OF IT.
WHAT ARE YOUR THOUGHTS ON THAT? I MEAN, IS THAT SOMETHING THAT WE COULD TRULY WORK WITH AT THIS POINT, MISS JONIE, IF THAT MOTION WAS TO BE AMENDED? I THINK THAT THAT WOULD BE WISE OF THE BOARD TO CONSIDER THAT AS ONE OF THE CONTINGENCIES, BECAUSE THE RESIDENTIAL PORTION OF THE PROJECT IS VERY SIGNIFICANT.
AND, YOU KNOW, OBVIOUSLY THEY'VE GOT THE CEO NOW, BUT IT TOOK US A WHILE TO GET THERE.
SO I DO THINK IT WOULD BE ONE EXTRA LEVEL OF ASSURANCE TO ENSURE THAT THE COMMERCIAL IS GIVEN, BECAUSE WE WOULD BE HOLDING THAT ESSENTIALLY WHETHER IT'S IN ESCROW OR OTHERWISE UNTIL THEIR COMMERCIAL CEO IS ISSUED.
I DON'T SEE AN ISSUE WITH THAT.
RUSSIA SEES ANY ISSUE WITH THAT GOING BACK TO THE BIFURCATION, MISSIONER BAILEY TO ANSWER THAT QUESTION, CAN'T BIFURCATE THE PROJECT WITHOUT BIFURCATING THE TAX REBATE BECAUSE YOU ARE NOW TWO SEPARATE PARCELS TO SEPARATE MY UNDERSTANDING, LEGAL ENTITIES.
WHENEVER WE DISCUSSED PREVIOUSLY, I THOUGHT THAT THE WORDS AND LEGAL AND ILLEGAL HAD TO LOOK AT IT MORE, BUT MY UNDERSTANDING WAS THAT THAT WAS THE POINT OF THE HRA OR FIND SOME WAY OF OF OF KEEP OR WHATEVER IT IS.
BUT KEEPING IT TOGETHER SO THAT THOSE COULD BE HELD.
THE POA IS A WAY THAT LAND DEVELOPMENT CAN ENSURE THAT IT STAYS A MIXED USE PROJECT AND IS ELIGIBLE UNDER THE BAYFRONT MIXED USE ZONING DISTRICT.
I DON'T WANT TO MUDDY THE WATERS BECAUSE I THINK COMMISSIONER BAILEY HIT ON ON SOME
[01:30:03]
CHOOSE TO INCLUDE THOSE THAT 15 PERCENT OF THE RESIDENTIAL COMPONENT TO IT.AND I WANTED TO SEE IF WE COULD GET THAT MOTION AMENDED AND MAYBE I DON'T KNOW IF WE HAVE TO WITHDRAW THAT THE SECOND TO TO GET THERE.
BUT I THINK IT'S A REALLY GOOD OPPORTUNITY TO TO PUT THE CITY IN A BETTER A BETTER FOOTING. AND I THINK THAT'S WHAT I'M HEARING FROM THE BOARD THROUGHOUT THIS CONVERSATION.
ARE WE GOOD WITH THAT? YEAH, AND TO BE CLEAR, WHAT I WAS SUGGESTING WAS THAT NO REBATES WOULD BE GIVEN UNTIL THE PROJECT IS COMPLETE. NOW, WHETHER WE SAY THEY'RE ELIGIBLE IN THAT AND THAT SPENDING TIME, THAT'S A DIFFERENT DISCUSSION.
WHETHER WE KNOW NOW SOMETHING LIKE PUTTING IN ESCROW OR WHETHER IT'S JUST NOT ELIGIBLE DURING A TIME BECAUSE THERE'S NO COMMERCIAL.
MY FEELINGS ARE AND AND MY FEELINGS ARE DIFFERENT.
I WAS HERE I, I DON'T WANT TO GO REBUTTAL FOR WORD, FOR WORD, FOR EVERYTHING THAT WAS STATED, MAYOR.
BUT FOR THIS COUNCILS, YOU KNOW, FOR PERSPECTIVE, I WAS HERE FOR ALL THOSE VOTES AND YOU KNOW, AND THAT MAYOR IS HERE FOR SEVERAL OF THEM TOO.
BUT THE BOTTOM LINE IS WE WERE ALL SEEKING COMMERCIAL GROWTH.
WE'RE ALL SEEKING WAYS TO HELP OUR EXISTING TAXPAYERS AND MORE IN SUBSIDIZING RESIDENTIAL DOES NOT HELP OUR EXISTING TAXPAYERS.
BUT WE WERE DOING THAT AS A NO IN A INDIRECT WAY BY CREATING COMMERCIAL IN THE HOPES THAT WE'D CREATE EVEN MORE COMMERCIAL THAN JUST THOSE ARE THOSE THOSE PARCELS.
SO WHILE I DIDN'T NECESSARILY AGREE WITH THE HOPE THAT IN THE VISION, I AGREE WITH THE VISION OF WHAT WE WANTED, BUT I DIDN'T NECESSARILY HAVE AS MUCH AS IT WAS GOING TO OCCUR AND. THAT IS WHAT I THINK EVERYBODY'S AGREEMENT WAS IN MR. PARR WAS HERE AT THAT TIME, TOO, SO HE UNDERSTANDS THAT.
SO I THINK THE COMMERCIALS ARE THE MOST IMPORTANT PART.
AND AS FAR AS ANY TYPE OF BOND, I MEAN, I THINK THAT HOLDING THE OTHER REBATE IN ESCROW IS A MUCH MORE POWERFUL INCENTIVE.
BUT I, I WOULD SAY THAT THE BOND NEEDS TO MATCH WHAT WAS ORIGINALLY THERE.
WE HAD AN ESTIMATE. WHAT WE WERE SOLD WAS I THINK IT WAS SEVEN POINT SEVEN MILLION AND COMMERCIAL FOUR AND A HALF, NOT FIVE AT 30000 SQUARE FEET.
SO IF WE'RE GOING TO PUT A NUMBER ON IT, I THINK IT SHOULD BE SEVEN SEVEN POINT SEVEN MILLION. I YOU KNOW, I WANT TO GET TO THAT THAT 15 PERCENT THAT YOU WERE TALKING ABOUT.
I WANT TO I WANT TO ORDER THE THE RESIDENTIAL COMPONENT TO TO INCLUDE IN THAT MOTION.
I THINK THAT. SO I THINK YOU MIGHT HAVE CONFUSION ON THE 15 PERCENT.
WHEN I WAS STATING, WHICH JOAN HAS IN THE MEMO, THERE'S APPROXIMATELY 85, 60 ROUNDS, UP 86 PERCENT OF THE PROJECT AS IT WAS GIVEN TO US, PROPOSED TO US, WAS GOING TO BE RESIDENTIAL. THE OTHER 40, NOT QUITE OVER 14 AND NOT 15 PERCENT WAS COMMERCIAL.
AND THAT WE'RE LOSING THAT DOWN IS DROPPING DOWN TO LIKE EIGHT, EIGHT AND A HALF.
AND WHAT WE'VE SEEN TODAY IS ALREADY TOO LOW TO BEGIN WITH, IN MY OPINION.
SO THERE'S NO WAY I WOULD ACCEPT GOING ANY LOWER THAN WHERE WE WHERE IT WAS BEFORE THAT.
TO ME, THAT WOULD BE ME VOTING FOR SOMETHING THAT'S WORSE THAN WHEN I VOTED AGAINST TO BEGIN WITH. HOW DO WE AMEND THIS MOTION OF WHAT HE INITIALLY STATED REGARDING THAT RESIDENTIAL COMPONENT TO IT? YOU'D HAVE TO WITHDRAW THE SECOND MOTION AND COMMISSIONER PARR THEN ADD THAT INTO THE.
OK, ALL RIGHT, SO VICE CHAIR, VICE CHAIRMAN JOHNSON, CAN WE DISCUSS SOME REAL QUICK BEFORE THAT'S DONE BEFORE? WHAT I DO WITH WITHDRAWAL? I HAVE A QUESTION BECAUSE I ASKED MISS PATRICIA FROM A LEGAL STANDPOINT, WHAT SHE WILL BE MORE COMFORTABLE WITH YOU.
MISS JONES, THIS IS YOUR PROJECT AS WELL.
SINCE WE'RE NOT LOOKING AT DENIAL AS A BOARD RIGHT NOW, WHAT WOULD BE WITH THIS MOTION BE MOST COMFORTABLE WITH YOU? ARE YOU LOOKING FOR MORE OUT OF LANGUAGE LIKE MR. COMMISSIONER BAILEY INCLUDED, OR ARE YOU COMFORTABLE WITH THIS AND GOING FORWARD OR I THINK FOR THE REBATE OR MY MY OPINION IS VERY SIMILAR TO OUR ATTORNEY'S OPINION, WHICH IS THAT WE SHOULD BE WORKING TOWARDS AN AMENDMENT THAT WE, THE CITY, ARE ALSO COMFORTABLE WITH THAT WE FEEL WILL PROVIDE THE CITY AND THE RESIDENTS ASSURANCE THAT WE'RE GETTING THE PROJECT THAT THAT WAS AWARDED INCENTIVIZED.
AND SO I AM IN AGREEMENT WITH COMMISSIONER BAILEY THAT CONSIDERING THE WITHHOLDING OF THE ADLAM TAX REBATE OR THE RESIDENTIAL PORTION UNTIL THE COMMERCIAL CEO IS ISSUED IS IS NOT A BAD IDEA. SO I'M OK WITH THAT, OK? BECAUSE THERE'S NO DISCUSSION WE'RE DISCUSSING NOW.
SO THANK YOU. I JUST WANTED TO MAKE SURE FROM LEGAL AND AS YOU SAID, I WAS ON THE PHONE.
I HEARD EVERYTHING. AND YOU SAID IF WE WANT TO MAKE SURE, YOU KNOW, EVERYBODY LEAVES
[01:35:01]
COMFORTABLY, AT THE END OF THE DAY, WE AS A BOARD REPRESENT THE CITY.AND THAT'S COMMISSIONER BAILEY.
I REMEMBER A LOT OF THOSE VOTES. SOME OF THOSE VOTES WERE BEFORE I WAS ON COUNCILMAN YOU YOU WERE HARD ON THEM. YOU WERE HARD ON THEM.
BUT AT THE SAME TIME, I KNOW I KNOW THEY'RE TRYING.
I DO KNOW THEY'RE TRYING. AND WHILE, YOU KNOW SOME SOME BUSINESS, IF BUSINESSES HAVE FLOURISHED DURING COVID, SOME HAVE HAD SOME HICCUPS ALONG THE WAY AS WELL.
SO I THINK THERE IS SOME TRUTH A LITTLE BIT TO THE CORE OF IT.
BUT THAT'S WHY I'M MORE COMFORTABLE WITH THIS MOTION RATHER THAN JUST STRAIGHT DENIAL.
SO THAT WAY WE CAN TRY TO FIND A SOLUTION TOGETHER.
SO BUT IF THERE'S AMENDMENTS THAT NEED TO BE MADE, I'M OPEN TO IT.
SO I'LL PUT MY SECOND RIGHT NOW.
OK, WHAT I WHAT I WILL DO IS A COUPLE OF THINGS I DO WANT TO ADD WHEN WE'RE TALKING ABOUT THE 15 PERCENT IN MR. BAILEY, YOU TALKED ABOUT DROPPING THAT CONSIDERABLY AT HALF.
I WANT TO STRESS THAT BASED UPON WHAT WAS PROPOSED, AND THAT'S EXACTLY WHAT I'M WANTING TO HAVE CHANGE WHEN WE'RE TALKING ABOUT CHANGING THE VERBIAGE HERE.
AGAIN, PROPOSING 24000 SQUARE FEET.
I WANT MAXIMUM SQUARE FOOTAGE IN THE LANGUAGE.
I DON'T WANT 24000 SQUARE FOOTAGE.
I WANT MAXIMUM USABLE, ALLOWABLE COMMERCIAL SQUARE FOOTAGE, WHICH WOULD NOT BE HALF OF 15 PERCENT. IT WOULD BE CLOSER TOWARDS THAT LARGER NUMBER.
SO THAT'S SOMETHING ELSE. AND WHAT I'D BE WILLING TO DO AND ALSO AND I'M HEARING COMMENTS. FROM THE DEVELOPERS HERE, AS I'VE HEARD THEM, SO WHAT I WOULD BE WILLING TO AMEND THE MOTION OF IS TO FOCUS ON THE KEY ASPECTS, THE STAFF, TO FOCUS ON THE KEY ASPECTS OF POTENTIALLY HOLDING THE RESIDENTIAL REBATE, POTENTIALLY ADDING THE MAXIMUM COMMERCIAL VALUE, POTENTIALLY ADDING THE BOND USAGE TO GUARANTEE FOR THE CITY TO NEGOTIATE IN OUR CITY'S BEST INTEREST WITH THE DEVELOPER AND THEN BRING IT BACK TO THE BOARD. THAT WOULD BE BECAUSE THEY HAVE THE TOOLS AT THEIR DISPOSAL TO NEGOTIATE WITH THE DEVELOPER BECAUSE, AS HE SAID, THERE'S SOME THINGS THEY'RE NOT GOING TO BE ABLE TO DO.
AND THAT'S PART OF NEGOTIATING.
WE HAVE TO UNDERSTAND BOTH SIDES.
SO THAT WOULD BE MY AMENDED MOTION TO WORK WITH THOSE TOOLS TO COME WITH THE BEST AMENDMENT TO BRING BACK TO US STAFF IN THE CITY ATTORNEY.
YES, YES, A SECOND, I'VE GOT A MOTION IN A SECOND, BUT A MOTION BY COMMISSIONER PARR SECONDED BY OR VICE CHAIRMAN JOHNSON, COMMISSIONER BAILEY AND AS I AS I'M UNDERSTANDING WHAT COMMISSIONER PARR SAYING, THE SO THE VERBIAGE THAT HE'S LOOKING FOR AND YOU CAN CORRECT ME IF I'M WRONG, AS YOU'RE LOOKING FOR THE MAXIMUM COMMERCIAL VALUE TO BE PUT THERE. JUST IMAGINE JACKSON SQUARE FOOTAGE.
MY CONCERN WITH THAT AND AND SEE TERNI CAN YOU KNOW, AND STAFF CAN COMMENT IF THEY WISH.
MY CONCERN WITH THAT IS SIMILAR TO WHAT THE VICE CHAIR SAID EARLIER.
I WAS HARD ON OUR STAFF BECAUSE WHEN I FOUND THAT WHEN THIS THING WAS WRITTEN, LET ME GIVE YOU A LITTLE LITTLE TIDBIT OF HISTORY, OK? WHEN THIS THING WAS ORIGINALLY DRAFTED, I WAS LOOKING FOR BENCHMARKS.
I WAS LOOKING FOR CLEAR BENCHMARKS, JOBS, MONEY, REAL WHAT WHAT JOAN IS TRYING TO DO WHAT JOAN HAS RECOMMENDED US TO DO TONIGHT.
THAT'S WHAT I WAS LOOKING FOR FROM OUR STAFF, THOSE PREVIOUS PEOPLE THAT THAT KNOW THAT THE WELFARE FEELS A LITTLE BIT HOODWINKED BY.
I FELT HOODWINKED AT TIMES BY CERTAIN STAFF AS WELL.
ALL RIGHT. BUT THE BOTTOM LINE IS, I BROUGHT THAT TO THE STAFF.
I BROUGHT IT TO THE BOARD BECAUSE I FELT THAT IT WAS AMBIGUOUS THE WAY IT WAS.
BUT I DIDN'T BRING IT JUST AGAIN, IT WASN'T JUST ME.
IT WASN'T JUST ME AS AN INDIVIDUAL.
I HAD TALKED TO OUR OUTSIDE LEGAL COUNSEL AT THAT TIME.
YOU KNOW WHAT I FOUND OUT? THOSE SAME PEOPLE THAT WERE NEGOTIATING THIS ONE, STAFF HAVE BEEN GIVEN THE RECOMMENDATION BY THE OUTSIDE COUNSEL THAT MIRRORED EXACTLY WHAT I WAS ASKING THE OUTSIDE COUNSEL ABOUT WHAT STAFF REJECTED IT.
I AM VERY CAUTIOUS WITH ANYTHING THAT'S AMBIGUOUS, I THINK THERE'S SOME AMBIGUITY IN THIS CONTRACT, WHICH IS REASON WHY I WAS SO HARD ON IT.
IT'S NOT ABOUT THE DEVELOPERS.
WE CANNOT. EVERY TIME THE DEVELOPER SNEEZES, MAKE ADJUSTMENTS HERE AND LOSE OUR FOOTING.
WE NEED TO BE ABLE TO STAND TALL AT TIMES WHEN WE'RE AT THE NEGOTIATION TABLE.
AND SO, ANYHOW, AT THE END OF THAT, WHEN YOU SAY MAXIMUM, I WANT TO MAKE SURE THAT'S GOING TO BE LEGALLY SOMETHING BINDING OR EVEN IN THE BEST INTEREST OF THE CITY, BECAUSE WHAT'S LEGALLY NOW WHAT'S WHAT'S WHAT LEGAL YOU CAN PUT THERE? THERE'S I THINK THERE'S AMBIGUITY IN HOW YOU LAY THAT OUT WHEN YOU GET TO A SITE PLAN POSITION WITH FIVE PARCELS AND HOW THOSE HOW BIG WHAT EACH OF THEM ARE, BECAUSE THE WAY THE CONTRACTS WRITTEN NOW, IT'S FIVE PARCELS THAT I THINK EVERYBODY IS CLEAR ON.
IT DOES SAY FIVE PARCELS SEVERAL TIMES IN THERE IN ADDITION TO THE EXHIBIT B, SO I WOULD JUST BE CAUTIOUS WITH THAT.
THAT'S THAT'S THAT'S MY SUGGESTION.
I JUST WANT TO MAKE SURE THIS IS MY STAFF KNOWS HOW THEY KNOW HOW I FEEL ABOUT IT.
AND THEY HAVE SOME OTHER IDEAS I HAVEN'T SHARED TONIGHT BECAUSE I'VE SPENT A LOT OF TIME TALKING TO THEM ABOUT IT. BUT THE BOTTOM LINE IS, I WANT TO MAKE SURE I'M SAYING HERE
[01:40:04]
WITH YOU GUYS THAT HOPEFULLY YOU GUYS ARE HEARING IT AND YOU GUYS, KNOW, ALLOW THEM TO HAVE THESE ADDITIONAL CONSIDERATIONS AS WELL AND TRYING TO STRENGTHEN THE LANGUAGE AND MAKE SURE, AS JOAN SAID, THAT WE GET WHAT WE WERE WHAT WAS POSTED BEGINNING.I'M LOOKING TO RECTIFY THAT WRONG.
HOLD ON ONE SECOND. I UNDERSTAND WHERE YOU GOING, COMMISSIONER FOSTER AND THEN COMMISSIONER PARR. BUT WE WANTED BEFORE YOU I WANTED A CITY ATTORNEY TO COME AND ADDRESS HOLD ON TO THAT THOUGHT AND ADDRESS COMMISSIONER BAILEY'S CONCERNS OF LEGALLY HOW WE WORDED SQUARE FOOTAGE.
MY INTENT IS I UNDERSTOOD WHAT COMMISSIONER PARR SAID, WHICH IS WHY I ACCEPT YOU ALL NOT, YOU KNOW, KIND OF HANDCUFF ME TO BE ABLE TO COME UP WITH LANGUAGE, BUT IS THAT THERE WILL BE LANGUAGE. I WOULD WORK WITH STAFF, ESPECIALLY, YOU KNOW, ONLY BROWN, BUT WITH GROWTH MANAGEMENT TO FIGURE OUT SOMETHING THAT'S MORE DEFINITE BUT THAT INCORPORATES WHAT HE'S SAYING. SO IT'S NOT LIKELY THAT THOSE EXACT VERBIAGE WILL BE IN THERE, BUT I THINK THAT ACTUALLY REFLECTS THAT INTENT AND THAT'S MEASURABLE.
THANK YOU, MA'AM, I APPRECIATE THAT, COMMISSIONER FOSTER AND THEN COMMISSIONER PAUL.
I LIKE TO SAY. ALSO, IF THERE WAS A SENATE OR THE HOUSING, AS MY UNDERSTANDING, TAX INCENTIVE FOR THEM TO BUILD A HOUSING, THAT THE SIERRAS ONLY INCENTIVIZES AFFORDABLE HOUSING AND INFRASTRUCTURE PROJECTS AND COMMERCIAL DEVELOPMENT AND THE INFRASTRUCTURE IN COMMERCIAL DEVELOPMENT INCENTIVES ARE INTENDED TO INCREASE THE TAX BASE OF THE DISTRICT, WHICH GETS FUNDED INTO THE TAX REVENUE OF THE DISTRICT TO BE ABLE TO CONTINUE TO DO MORE OF THESE PROJECTS WHEN IT COMES TO INCENTIVIZING HOUSING IN A CITY IN A GREATER REDEVELOPMENT DISTRICT IS STRICTLY THE STATUTE STATES PORTABLE HOUSING.
THIS IS NOT AFFORDABLE. THEY WON'T GET A SENATE ATTACK.
IF IF IT WERE ME THAT HAD WORKED WITH THEM, I WOULD HAVE SAID THAT THIS WAS AN ELIGIBLE UNDER THIS AREA, IT'S NOT ELIGIBLE UNDER GENERAL ECONOMIC DEVELOPMENT INCENTIVE PRACTICES, UNFORTUNATELY.
AND THAT'S JUST THE WAY IT IS.
THAT'S THE STATUTE. AND THAT'S WHAT THE STATUTE STATES THAT EVERY DEVELOPMENT DISTRICT IS INTENDED TO DO THERE.
YOU KNOW, AGREE OR DISAGREE, BUT THIS IS NOT AN AFFORDABLE DEVELOPMENT PROJECTS ITS MARKET RATE. OH, I DON'T UNDERSTAND WHY WE'RE TALKING ABOUT TAKING AWAY THE SENATE, BUT HE CAN EXPLAIN THAT TO ME.
THAT'S WHAT I THOUGHT I HEARD.
WITHHOLDING THEIR FINANCIAL INCENTIVE.
RIGHT. SO THE REBATE WAS WITHHOLDING THE THE REBATE ASSOCIATED WITH THE RESIDENTIAL COMPONENT IS INTENDED TO ENSURE THAT THE COMMERCIAL COMPONENT, WHICH IS THE KEY DRIVING FACTOR OF ADLAM TAX REVENUE, IS IS ACTUALLY COMPLETED.
THAT WAS THE INTENT, I THINK, THAT COMMISSIONER BAILEY HAD WHEN HE WHEN HE STATED THAT, I MEAN, CORRECT ME IF I'M WRONG, THAT'S NOT THE STATUS RIGHT NOW.
MY RECOMMENDATION WAS TO REJECT THE AMENDMENT REQUEST, TO INCLUDE THE EXTENSION, THE EXTENSION. AND I WOULD LIKE TO ASK ANDREW STEELE ABOUT THE BIFURCATION COMPONENT BECAUSE THE BIFURCATES THE VERIFICATION OF THE TWO ENTITIES, AND THIS IS MY UNDERSTANDING AND HE CAN CLARIFY, IS TO FREE UP THE FUNDING OR THE FINANCING THAT IS TIED WITH THE RESIDENTIAL, WHICH IS NEEDED TO CONSTRUCT THE COMMERCIAL.
MY BASIC THOUGHT IS COVID AFFECTED EVERYBODY, I'M BUYING A HOUSE RIGHT NOW, AND I WAS SUPPOSED TO CLOSE ON MAY 21ST AND I WAS TOLD I WON'T BE ABLE TO CLOSE MAYBE IN JUNE OR JULY BECAUSE OF KOVIK.
AND I SAID THAT WAS NOT THE ONLY ONE IN THAT POSITION.
SO WHEN YOU'RE DOING CONSTRUCTION, COVID DOES PLAY A PART.
I, I TALK TO PEOPLE ALL ACROSS THE COUNTRY, FRIENDS OF MINE AND COVID PLAYED A PART AND BUILDING, SO.
I GET IT. I GET IT, AND I'M ALL FOR EXTENSION, IN FACT.
I DON'T WANT YOU GUYS TO COME BACK AND ASK FOR ANOTHER ONE.
I'M FOR MORE THAN 18 MONTHS, TO BE HONEST WITH YOU, BECAUSE WE DON'T KNOW.
WE DON'T KNOW WHAT'S GOING TO HAPPEN SIX MONTHS FROM NOW, WHERE ARE WE GOING TO BE SIX MONTHS FROM NOW? IT CAN GET WORSE.
OK, GET BETTER. I'M PRAYING THAT IT GETS BETTER OR WE CAN HAVE A HURRICANE TO HIT THIS AREA AND GUESS WHAT? CONSTRUCTION AND EVERYTHING IS STOP.
[01:45:01]
WE HAVE A NATURAL DISASTER.I DON'T KNOW WHAT HOW LONG IT'S GOING TO TAKE FOR YOU GUYS.
AND I DON'T THINK ANYBODY HAS A MAGIC NUMBER OF MONTHS WHAT IT'S GOING TO TAKE TO GET THIS COMMERCIAL DONE.
I LIKE THE FACT THAT THE DEVELOPER GENTLEMEN SAID YOU ARE GOING TO GET IT DONE.
I WAS GOOD ENOUGH FOR ME, BUT I'M ALL FOR IT, GIVE ME AN EXTENSION AND I'M ALL FOR THE STAFF, NEGOTIATE AND RENEGOTIATE THE CONTRACT, I WANT TO BE FAIR TO THE DEVELOPERS AS WELL AS PROTECTING THE CITY BEST INTERESTS.
SO MAYBE YOU NEED TO SIT BACK DOWN AND WORK SOMETHING OUT.
BUT I'M TELLING YOU NOW, I WOULD LIKE TO GET IT DONE.
AND I DON'T WANT NO HICCUPS GOING FORWARD.
I DON'T WANT TO HANDCUFF THE CITY OR THE DEVELOPERS TO BE SUCCESSFUL.
I WANT YOU BOTH TO BE SUCCESSFUL.
SO. I DON'T KNOW IF I'M IN AGREEMENT WITH YOUR EMOTION, COMMISSIONER PARR, I'M THINKING ABOUT IT, BUT THAT'S WHERE I'M AT RIGHT NOW.
SO THANK YOU, COMMISSIONER JEREMY.
THANK YOU, COMMISSIONER PARR, AWESOME, COUPLE OF THINGS I'LL LEAVE IN AND HOPEFULLY WE CAN DO A VOTE HERE. A COUPLE OF CONCERNS I'VE HEARD FROM MY PEERS UP HERE, DEVELOPMENT OF WHAT WHAT'S BEST FOR THE AREA.
I'VE HEARD THEIR WORDS. THEY'VE GOT OTHER PROJECTS IN THE AREA.
THEY WANT THE BEST GOING IN THERE FOR US AND OUR COMMERCIAL.
WHY? BECAUSE THAT MAKES THEM MORE MONEY.
LET'S TALK ABOUT WHAT THE DOMINO EFFECT FOR THEM AS THEY CONTINUE ON THEIR PROJECTS.
THEY'RE GOING TO PROFIT BETTER IF BETTER ESTABLISHMENTS COME INTO THESE PLACES.
AND LIKE COMMISSIONER FOSTER JUST SAID, IT WAS GOOD ENOUGH TO HEAR THAT THEY WANT IT DONE, TOO. I'M GOOD ENOUGH TO COMMISSIONER BAILEY AND FOSTER BOTH SAID, TALKING ABOUT NEGOTIATING. MAKE SURE WE HAVE THE RIGHT TERMS. MR. FOSTER, YOU JUST SAID YOU WERE OK WITH SENDING IT BACK TO STAFF TO NEGOTIATE.
AND THAT'S WHAT I'M ASKING FOR IN THIS MOTION.
I DEFINITELY WANT THAT SO THAT OUR STAFF CAN COMMUNICATE WITH THE TUNESMITH AND GET THE RIGHT WORDS, GET THE RIGHT WORDS, PROTECT OUR CITY, PROTECT OUR CITY.
MOVING FORWARD WITH THIS AGREEMENT, AS IT'S BEEN NOTED, THAT IT WAS VERY LOOSE TO BEGIN WITH, I BELIEVE BOTH SIDES HAVE NOTED THAT.
LET'S TIGHTEN THIS UP, LET'S PROTECT THE CITY.
AND THAT'S WHERE MY EMOTIONS GOING AND I'LL LEAVE IT AT THAT.
THANK YOU. SO WE HAVE A MOTION AND BY COMMISSIONER PARR, WE HAVE A SECOND BY VICE CHAIRMAN JOHNSON.
THIS IS GOING TO COME BACK TO THE BOARD, CORRECT? CORRECT. THIS WILL COME BACK TO THE BOARD AFTER STAFF'S INPUT AND THE NEGOTIATION THAT WILL ENSUE. IF I MAY JUST REAL QUICK, I WILL VOTE FOR THE THE GIVE THEM THE CHANCE TO NEGOTIATE IT, BUT I WILL ONLY BE VOTING FOR AN ACTUAL AMENDMENT THAT ACTUALLY STRENGTHENS THE CITY'S POSITION. I THINK THAT WE HAVE A MOTION AND A SECOND ALL IN FAVOR, I ANY OPPOSE PASSES UNANIMOUSLY.
THANK YOU. WE'RE UP TO ITEM NUMBER TWO, CONSIDERATION OF PURCHASE OFFERS, MADAM.
[2. Consideration of purchase offers for Pelican Harbor Marina parcels]
OR MRS. JONES CALABRO.ITEM NUMBER TWO UNDER OLD BUSINESS IS THE CONSIDERATION OF PURCHASE OFFERS OFFERS FROM FOUR PELICAN HARBOR MARINA PARCELS WE PREVIOUSLY THE CITY EXECUTED THREE YELLOW EYES ON AT THE AT THE AUTHORIZATION OF THE BAYFRONT SIERRA.
THOSE ALAWI'S WERE WITH FORGET SPACE COAST MARINAS, AVALON CAPITAL, THE FORTH THAT CAME BEFORE THE SCIARRA, WHICH WAS BORDER LACEWORK LLC, DID NOT REACH BACK OUT TO THE STAFF AND EXECUTE THEIR WAY WITH THE THREE.
ALAWI'S THAT WE HAVE EXECUTED, FRIGATES HAS WITHDRAWN, AND SO WE HAVE SPACE COAST MARINAS AND AVALON CAPITAL, OR IN THIS CASE, THE CONTRACT THAT WAS SUBMITTED WILL BE UNDER ADELONG REAL ESTATE MANAGER.
HOWEVER, IT'S STILL THE SAME ENTITY.
SO SPACE COAST MARINAS IS THE FIRST OFFER LISTED, THEY SUBMITTED AN OFFER AT ONE POINT EIGHT MILLION TO CONSTRUCT A MARINA, A DRY DOCK.
STORAGE AND SERVICE FACILITY, A BOAT LAUNCH AND SERVICE BOAT CLUB, SHIP STORE, TIKI BAR WITH AN OUTDOOR ENTERTAINMENT VENUE, RESTAURANT AND RETAIL AMENITIES TO INCLUDE A VALET SERVICE, A THE CONTRACT PROVIDES FOR 100000 DOLLAR DEPOSIT WITH AN ADDITIONAL 200000 WITH IT WITHIN THREE DAYS OF THE COMPLETION OF THE DUE DILIGENCE PERIOD AND A CLOSING DATE OF JULY 15, 20 21.
THERE WERE SOME ADDITIONAL TERMS NOTED ON THE FARBER CONTRACT, WHICH IS THE APPROVAL OF A SALE CONTINGENT UPON THE APPROVAL OF A CONDITIONAL USE PERMIT FOR A MARINA USE IN THE CITY SHALL SEEK APPROVAL TO VACATE APPROXIMATELY 11000 SQUARE FEET OF RIGHT AWAY ALONG MAPLE STREET NE AND THE BUYER AGREES TO CONSTRUCT AND MAINTAIN A PEDESTRIAN BOARDWALK
[01:50:03]
WITH PUBLIC ACCESS THROUGH A CITY EASEMENT IN PERPETUITY.THE CAPITAL INVESTMENT ANTICIPATED FOR THIS PROJECT OR THIS DEVELOPMENT ENTIRELY IS 10 TO 12 MILLION, WITH APPROXIMATELY THREE HUNDRED AND TWO JOBS CREATED.
AND IT IS ALSO IMPORTANT TO NOTE THAT SPACE COAST MARINA ANTICIPATES RETAINING PADDLING PARADISE ON SITE, AND THEY HAVE RECENTLY PURCHASED 22 OR 200 DIXIE HIGHWAY NORTHEAST TO BE UTILIZED FOR FUTURE VALET PARKING AND HAS UNDER CONTRACT THE BAIT AND TACKLE SHOP AT 42 10 DIXIE HIGHWAY AND ALSO HOLDS A MORTGAGE LINE ON THAT PROPERTY.
THE SECOND OFFER RECEIVED BY EDILENE REAL ESTATE MANAGER WAS FOR ONE POINT EIGHT MILLION, AND THEY'RE PROPOSING TO DEVELOP A MIXED USE MULTIFAMILY RESIDENTIAL HOTEL, RESTAURANT AND RETAIL PROJECT INITIAL.
THE OFFER PROVIDES FOR AN INITIAL DEPOSIT OF 25000 WITHIN THREE DAYS OF THE EFFECTIVE DATE AND AN ADDITIONAL HUNDRED THOUSAND WITHIN TEN DAYS OF THE EFFECTIVE DATE.
THE CLOSING PERIOD IS REFERENCED IN THE ADDITIONAL TERMS AND IT CALLS FOR A REZONING.
SO IT'S STATED THAT DURING THE DUE DILIGENCE PERIOD, WHICH IS 120 DAYS, THE BUYER SHALL APPLY FOR REZONING AND SHALL BE ENTITLED TO REQUEST AN EXTENSION OF THE DUE DILIGENCE PERIOD FOR TWO PERIODS OF 30 DAYS EACH.
AND THE CLOSING SHALL OCCUR ON OR BEFORE THAT DATE, A DATE THAT IS 30 DAYS FOLLOWING THE EXPIRATION OF THE DUE DILIGENCE PERIOD.
THEIR CAPITAL INVESTMENT IS ANTICIPATED TO BE SIXTY THREE POINT FIVE MILLION, WITH AN ESTIMATED 40 FULL TIME EQUIVALENT JOBS.
THAT IS AN ESTIMATION BASED ON WHAT THEY KNEW AT THE TIME THAT I INQUIRED.
AND THE BUYER WILL BE REQUIRED TO.
IT SHOULD BE NOTED THAT THE BUYER WILL BE REQUIRED TO PURCHASE ADDITIONAL PROPERTY SURROUNDING THE PELICAN HARBOR MARINA IN ORDER TO ACTUALLY REALIZE THE DEVELOPMENT PROJECT IN CONCEPT, AS IS PROPOSED, BECAUSE THEY WILL HAVE TO ALSO ACCOMMODATE PARKING AND STORMWATER. THE CITY DID RECEIVE AN UPDATED APPRAISAL FROM WILLIAM H.
BENSON AT AN APPRAISED VALUE OF TWO POINT TWO MILLION FOR ALL THREE PARCELS, THAT IS ABOUT EIGHT POINT FIVE PERCENT LESS THAN THE 2019 APPRAISED VALUE OF TWO POINT FOUR.
IF YOU HAVE ANY QUESTIONS, THERE IS NOT A MOTION OR RECOMMENDATION FOR ANY ONE PARTICULAR OFFER, AS I FEEL THAT THAT'S UP TO THE BOARD TO DISCUSS.
SO. ANY QUESTIONS? YES, CHAIR, I HAVE A QUESTION FOR SPACE COAST MORENO'S VICE CHAIR.
THANK YOU. SO I SPOKE WITH STAFF.
I WANTED TO ASK YOU DIRECTLY REGARDING THE POTENTIAL RESTAURANT.
LOOKING IN, LOOKING FOR IN THIS AREA, HAVE YOU BEEN IN ANY CONTACT OR DISCUSSION WITH FRIGATES OF IN MELBOURNE OR.
I HAVE. SO I HAVE SPENT I SPENT ABOUT AN HOUR AND A HALF WITH SCOTT LAST WEEK.
WE HAVE HAD MULTIPLE DISCUSSIONS.
IT CERTAINLY THEY'RE CERTAINLY INTERESTED.
I CAN'T SPEAK. I THOUGHT SCOTT MAY BE HERE TONIGHT, BUT I CERTAINLY CAN'T SPEAK FOR HIM.
YES. I'D LIKE TO TAKE ON THAT QUESTION, VICE CHAIR.
DID HE SHARE WHY HE DIDN'T PROCEED IN THAT DISCUSSION? BECAUSE I'M SURE SOMETHING MIGHT HAVE ENSUED IN THAT REGARD.
WELL, I THINK IF HE WAS HERE THIS EVENING, HE WOULD PROBABLY SHARE THAT PROBABLY THE PROCESS MORE THAN ANYTHING.
WHAT WAS THE REASON FOR HIS WITHDRAWAL WILL BE THAT I APPRECIATE THAT, THANK YOU.
FOLLOW UP. OK, THANK YOU, CHAIR, AND I APPRECIATE YOUR HONESTY AND IN THAT TOUGH QUESTION. YEAH, YEAH.
BECAUSE YOU DON'T WANT TO PUT SOMEBODY ELSE IN A NO, THAT'S.
YES, I UNDERSTAND THAT. BUT YOUR OWN WORDS AND THAT JUST IN THE OUR DISCUSSION OR THE DISCUSSIONS YOU'VE HAD, YOU FEEL THEY ARE VERY PRODUCTIVE OR POSITIVE IN REGARDS TO THE POTENTIAL FUTURE IF THIS WERE TO ENSUE OR.
I'M NOT TRYING TO. I JUST DON'T UNDERSTAND THE QUESTION AND IT'S HARD TO HEAR.
SO WHAT I'M ASKING WITH YOUR DISCUSSION WITH, YOU KNOW, FRIGATES WAS WAS IT.
I DO NOT, YOU KNOW, PUT YOU IN A CORNER, BUT DO YOU FEEL VERY CONFIDENT OR THAT IT COULD BE A PRODUCTIVE.
OR POTENTIAL RESTAURANT THERE OR.
I, AS SCOTT DID, SAY THAT PLEASE SHARE THERE'S INTEREST IN THAT'S PROBABLY THE EXTENT OF
[01:55:01]
WHAT I CAN SAY FROM HIM, BUT THERE IS CERTAINLY INTEREST.I'VE ALSO TALKED TO PINEAPPLE'S AND THERE'S INTEREST.
I MEAN, GETTING THE RIGHT RESTAURANT IS OBVIOUSLY KEY FOR THE FOR THE DEVELOPMENT.
AND WE WILL MAKE SURE THAT WE GET THE RIGHT RESTAURANT IN.
WE'RE JUST NOT GOING TO PUT A RESTAURANT IN BECAUSE THAT DOESN'T DO THE DEVELOPMENT ANY GOOD. OK, LAST QUESTION.
HELP US, YOU KNOW, JONAS STAFF WITH THAT, YOU KNOW, THAT ASSIST YOU IN THAT OR THAT.
OR. THAT'S SOMETHING THEY DON'T UNDERSTAND YOUR QUESTION.
TO HAVE A CONVERSATION WITH THE SO WHAT IF? I'M JUST DOING HYPOTHETICALS.
I'M NOT I'M STILL ON THE FENCE BECAUSE I LOVE BOTH.
THE OTHER GENTLEMAN, SO WHAT I'M ASKING IS IF WE WERE TO MAKE A MOTION.
WOULD YOU BE MORE COMFORTABLE BEING ADDED ON TO ASSIST IN REGARDS TO, YOU KNOW, WHAT RESTAURANT FIT WOULD BE BEST FOR THAT AREA, OR IS THAT SOMETHING YOU FEEL MORE COMFORTABLE JUST LEAVING IN THE DEVELOPERS HANDS? I WOULD ABSOLUTELY WORK WITH WHOEVER THE BUYER ENDS UP BEING TO ENSURE THAT WE, FROM A CITY STANDPOINT, ARE ASSISTING THEM IN MARKETING AND ATTRACTING THE PROPERTY TO MARKETING THE PROPERTY TO ATTRACT THE RIGHT END USERS.
NOT A PROBLEM. THAT WAS MY QUESTION, THAT'S ALL.
THANK YOU. THE ADDITIONAL QUESTIONS.
SO I HAVE A QUESTION FROM THE AVALON FOLKS IF THEY WOULD LIKE TO STEP FORWARD.
ARE YOU CONSIDERING MAINTAINING THAT MARINA AND THE OARS AND PADDLES THAT ARE THAT ARE ACTUALLY THERE? YES, IN A PHONE CALL THAT WE HAD LAST WEEK, WE WERE NOTICED THAT THERE WAS A CONTRACT AND WE SAID THAT, YES, IT WOULD CONTINUE.
AND EVEN THOUGH WHEN WE DO THE PROJECT, IT WILL BE WE WILL PROBABLY TALK SO HE CAN COME BACK AND DO THAT SAME WORK THAT HE'S DOING RIGHT NOW.
AND, OH, HE'S DOING WELL. RIGHT.
THERE IS NO INTENTION TO AFFECT ANYONE.
THANK YOU. APPRECIATE YOUR STEPPING UP.
SO WITH IT UNDERSTOOD, IT WAS PREFACED BEFORE WE STARTED THIS CONVERSATION THAT YOU GUYS WOULD HAVE TO ACQUIRE OTHER PARCELS TO MAKE YOUR PLAN REAL.
ARE WE IN AGREEMENT THERE? YEAH, THAT'S CORRECT. WHAT IS YOUR PLAN FOR ACQUIRING THOSE PASSES? WELL, AFTER WE ARE ON A CONTRACT, YOU START SPEAKING TO ALL THE NEIGHBORS AND START DOING PUTTING CONTRACTS IN EACH ONE.
AND I GUESS WHAT I'M ULTIMATELY SAYING, WHAT'S YOUR BUDGET TO MAKE THAT HAPPEN, BECAUSE WE ARE SAYING IF WE WERE TO CHOOSE YOUR OFFER HERE, WE'RE SAYING YES WITH THE UNDERSTANDING IT MAY NOT BE ABLE TO MAKE IT REAL BECAUSE, YOU KNOW, HAVING ACQUIRED THOSE PROPERTIES YET. THAT'S CORRECT.
SO I'M JUST WONDERING, WHAT ASSURANCES DO WE HAVE? I MEAN, I UNDERSTAND IT'S A CONTRACT.
I UNDERSTAND THERE'S MONEY IN ESCROW, NOT AS MUCH AS THE OTHER ONE, BUT IT'S THERE.
WHAT ASSURANCES DO WE HAVE THAT YOU'RE GOING TO TAKE EVERYTHING NEEDED TO MAKE SURE THIS IS REAL? WELL, FIRST OF ALL, WE DO HAVE THE CAPITAL TO ACTUALLY BUY THE OTHER PROPERTIES.
WHAT WE NEED TO DO IS JUST JUST BE SURE THAT THEY'RE WE'RE NOT INTO A CORNER SO THAT THE PRIVATE SALES PRICE GOES EXTREMELY HIGH AND IT'S IMPOSSIBLE TO BUY IT.
IF NOT, WE DO HAVE A PLAN TO PROBABLY DO WITH THAT PROPERTY, A GREAT PROJECT RIGHT NOW.
SO WOULD YOU BE ABLE TO ELABORATE ON THAT PLAN JUST IN CASE WORST CASE SCENARIO WOULD HAVE HAPPENED? YES. COULD YOU SHARE SOME DETAILS OF WHAT WOULD BE, I GUESS, PULLED AWAY FROM WHAT WE'VE TALKED ABOUT PREVIOUSLY? WELL, FIRST OF ALL, THE ONLY THING THAT ACTUALLY IS MISSING TO THE FIRST PROPERTY IS JUST THE BAIT SHOP. AND WE JUST MADE A PLAN TO ACTUALLY TURN IT AROUND.
AND INSTEAD OF PROBABLY DOING TWO HUNDRED AND NINETY UNITS, WE'RE GOING TO DO ONE HUNDRED AND SIXTY UNITS APPROXIMATELY INSTEAD OF THAT WITH ALL THE COMMERCIAL PART ON ON THE BOTTOM. WE ARE PLANNING ALSO ON DOING A TASB.
LET'S TALK A LITTLE BIT LIKE A CITY CENTER ON THE FRONT OF IT SO WE CAN DO A GATHERING'S AND ALL THAT. AND WE DO HAVE THE INTENTION TO ACTUALLY BUY THE OTHER PROPERTIES ON THE BACK. WHAT WE'RE GOING TO DO, WE DO WE'RE GOING TO DO OUR BEST EFFORT TO ACTUALLY TRY TO DO IT. IT'S OUR INTENTION NOT TO DO A SMALLER PROJECT.
OUR INTENTION IS TO ACTUALLY DO THIS PROJECT AS PHASE ONE AND DO FACE TO FACE THREE OF PHASE FOUR. YES, I JUST WANT TO ADD SOMETHING, I'M PART OF THE OTHER.
[02:00:06]
THIS WON'T BE OUR FIRST PROJECT IN THE AREA, IS WE DEVELOP THE HIRE PLACE IN THE HOME TO.WE LOVE THE AREA. AND SO WE ARE VERY COMMITTED TO KEEP GROWING IN THIS AREA AND WE ARE IT OVER. I KNOW THAT IT'S ON THE SIDE OF MELBOURNE, BUT WE ALREADY BREAK DOWN ON PARACEL, THE FIRST ACTIVE COMMUNITY ADULT.
IT'S ACTUALLY ON PALM BAY ROAD.
OR THEY WALGREEN'S SAYS WE JUST DID ALL THE SIDEWALK AND ALL THAT.
SO WE'RE MOVING FORWARD. SO ANSWERING YOUR QUESTION, WE ARE DEALMAKERS.
THAT'S WHAT WE DO. AND WE DO ANYTHING THAT IT'S NECESSARY TO GET THE JOB DONE.
I MEAN, WE'RE INTERESTED WE'RE NOT INTERESTED IN JUST KEEPING A SMALL PROJECT.
WE'RE TRYING TO DO AS MUCH AS POSSIBLE.
WE LOVE THE CITY. IT TREATIES TREAT US AS I MEAN, RIGHT, SO OUR INTENTION IS TO TRY TO INVEST IN THIS ZONE AS MUCH AS POSSIBLE.
OK, SO YOU'RE GOING FROM TWO HUNDRED NINETY SOMETHING UNITS TO 160, ALMOST CUTTING IT IN HALF, WHICH LAST TIME YOU WERE HERE BEFORE US, WE WERE IN A DEBATE TALKING ABOUT HEIGHT OF THE HOTEL. WHAT DOES THAT TRIM US TO? IF WE GO TO 160 UNITS, WON'T WE HAVE A WE WANT TO SEE THE PRESENTATION.
I JUST KNOW THE HEIGHT AT 160 UNITS.
ARE WE TELL YOU STORIES? FOUR STORY. NO, NO, NO, NO, NO.
WE WE TALKED WE HAD A WE HAVE A MEETING ALSO TO SEE EXACTLY HOW HIGH CAN WE GO WITH THE AMENDMENT. I KNOW THERE IS THIS AMENDMENT TO THE THAT'S NOT MY QUESTION AT ALL.
IF WE ONLY DO HAVE THE ABILITY TO DO 160 UNIT BUILDING, BUT WE WILL CONSUMERS WILL CONCENTRATE ON THE ON THE CORNER, ACTUALLY ON THE CORNER TO THE TO THE HIGHWAY ABOUT I THOUGHT WE SAID WE CAN GO AS HIGH AS EIGHT FLOORS.
ON THE FIRST ONE, YOU'RE SAYING WE STILL HAVE EIGHT FLOORS, 290 SOMETHING UNITS OR 160 UNITS? THAT'S CORRECT. THE THING IS, WHAT YOU DO IS JUST PROPORTIONALLY WHAT YOU DO IS JUST JUST KEEP THE SAME TOWER HIGH ON THE FLOOR IN THE CORNER, AND THEN YOU GO LOWER.
THAT'S IT. I SURE YOU KNOW, WE HAVE AN IMAGE YOU WANT TO SEE. SURE, YEAH.
YES. IT'S FLOATING OUT JUST STATE THAT THE SITE WILL STILL REQUIRE A REZONING, AND I BELIEVE THAT IT'S DISCUSSED THAT THAT WOULD BE THE HAVE TO BE THE VENUE, WHICH IS THE TEXT, THE TEXTUAL AMENDMENT FOR THE BAMU ZONING IS GOING TO INTO THIS MONTH AND THEN TO COUNCIL.
I'M JUST STRUGGLING TO SAY, OH, STAND BY, COMMISSIONER FILIBERTO CAN THINK THE LAST TIME THEY PRESENTED I WAS NOT HERE PHYSICALLY, SO I COULDN'T REALLY SEE I WAS ON THE PHONE, I BELIEVE A COUPLE OF QUESTIONS.
I'VE HEARD RETAIL RESTAURANT AS WELL.
OK. AND BACK TO THE PODIUM OR THE LECTERN AND ANSWER, COMMISSIONER FELIX PASS, SIR.
COME BACK TO THE LECTERN AND THEN COMMISSIONER FELIX HAS A QUESTION FOR YOU.
THE RETAIL SPACE IN RESTAURANTS AS WELL, IS THAT RIGHT? WE ALSO SAID THAT FREEGATE CAN DEFINITELY BE PART OF THE PROJECT.
OK, WE HAVE A BUT WE WILL COPE WITH HIM BECAUSE WE HAVEN'T HAD A MEETING WITH HIM.
BUT WE SAT IN THE PREVIOUS MEETING THAT WILL BE WE'LL HAVE ALL THE INTENTION TO WE NEED LOCAL RESTAURANT.
WE'RE LOOKING FOR LOCAL RESTAURANTS IN TERMS OF SIZE, AS YOU GUYS DISCUSS WHAT RETAIL SPACE AS FAR AS WHAT SIZE RESTAURANT YOU HAD IN MIND IN YOUR CONCEPT? WELL, WE'RE THINKING AT A RESTAURANT WE'LL THINK ABOUT.
LET'S SAY. ALL THE RETAIL SPACE, THE SPACE THAT WE HAVE ON THE BOTTOM WILL BE ABOUT BETWEEN 11000 TO 20000 SQUARE FEET.
OF RETAIL, IT'S REALLY IMPORTANT THAT WE DO IS THAT.
AS A DEVELOPER, YOU HAVE TO DO RETAIL THAT ACTUALLY BRINGS VALUE TO THE ONES ARE THERE
[02:05:01]
ADDING IN. THE THING WITH THE PROPERTY IS THAT YOU HAVE A REALLY A BEAUTIFUL FRONT.BUT THERE IS A LOT OF I MEAN, THE BOTTOM PART, IT'S A LITTLE BIT COMPLICATED.
BOTTOM, THE BOTTOM PART, IT'S A LITTLE BIT COMPLICATED, WHAT YOU DO IS THAT YOU DO A CORNER. OK, SO YOU HAVE ALL THE FRONT, ALL THE FRONT TO THE HIGHWAY AND THE FRONT TO THE TO THE MARINA.
SO THAT'S THE ACTUALLY RETAIL SPACE, IF YOU DO MORE THAN THAT, THAT OTHER SPACES WILL NEVER LEAVE. WE KNOW THAT IT'S A FACT.
SO WE KNOW THAT WE NEED TO BE REALLY CAREFUL THAT WE DON'T HAVE RETAIL SPACE, THAT IT DOESN'T IT'S IMPOSSIBLE TO GET SOMEBODY IN IT.
WHAT YOU DO IS YOU DO AMENITIES FOR THE MULTIFAMILY AND THEN RETAIL ALL THE WAY TO THE TO THE CORNER AND THEN ALL THE WAY TO THE FRONT.
A COMMISSIONER FORCES AT SORRY, ONE MORE THING WE ALREADY TALKED TO MARIANNE MERRITT IS INTERESTED IN BRINGING THE BRAND AND ALSO HYATT.
I MEAN, HIGH END HAS A LOT OF POTENTIAL.
WE ALREADY DID A HYATT PLACE AND WE'RE DOING ANOTHER HYATT PLACE.
I KNOW YOU DON'T LIKE THIS IN VERNON, BUT WE'RE DOING THE RIGHT PLACE.
AND I KNOW THAT HYATT IS REALLY INTERESTED IN HAVING MORE PRESENCE IN THE AREA.
AND MARRIOTT WILL DEFINITELY BRING A MARIANELLI TOLD US THAT MIGHT BE ABLE TO GIVE ME A PLACE AT THE EXTENDED STAY IN ONE PLACE.
AND ONE OF THE THINGS THAT HAPPENS IN COVID IS THAT WE HAVE EXTENDED STAY AND SHORT-STAY THE STANDARD STAY HOTELS DID MUCH BETTER THAN THE SHORT STAY.
SO WE'RE THINKING OF BRINGING THERE IF WE DO A HOTEL, WE'RE THINKING OF BRINGING IN A STANDARD STATE THAT WORKS MUCH BETTER.
AND MARRIOTT IS I MEAN, IT'S TOP BRAND.
THANK YOU. YEP. COMMISSIONER FOSTER, PLEASE.
AND I THINK YOU ANSWERED MY QUESTION WAS ABOUT THE HOTEL.
I LOOKED AT YOUR PICTURE ON YOUR PHONE.
A BEAUTIFUL PICTURE ON THE CORNER OF THAT IS THAT A HOTEL WOULD BE OR THOSE APARTMENTS THAT WERE ALSO MULTIFAMILY OR TWO FROM THE HOTEL, WE ALWAYS DO FOUR OR FIVE STORY HIGH HOTEL. WE TRY NEVER TO DO AS MUCH HIGHER THAN FIVE BUILDINGS, WOULD DOUBLE THAT ON MULTIFAMILY, NOT IN HOTELS.
OK, SO HOW HIGH ARE YOU THINKING ABOUT THE SHOW YOU YOU CAN SHOW WHERE THE HOTEL THIS.
THANK YOU. AND SO MY QUESTION, THE MULTIFAMILY, HOW HIGH ARE YOU LOOKING AT? WELL, WE'RE LOOKING IN THE CORNER OF PROBABLY EIGHT STOREY BUILDING.
IT'S A SITE THAT WILL GO LOWER AS THE FOUR TO FOUR TO FIVE STORY HIGH.
ONE OF THE I GUESS ONE OF QUESTIONS THAT YOU HAVE IS WHAT TYPE OF TIMELINE DO YOU THINK YOU HAVE IN GETTING GETTING A BUILT IN BUILD UP? YOU MEAN YOU MEAN THE CONSTRUCTION, CONSTRUCTION, THE CONSTRUCTION, OK, LET'S SAY WHEN WE HAVE VERTICAL PERMITS, YOU CAN SAY ABOUT BETWEEN 18 MONTHS TO 20 MONTHS AT LEAST, NO MORE THAN ABOUT 20 MONTHS, YOU SAY.
AND THEN AND THEN YOU GUYS, DO YOU THINK THAT YOU CAN HAVE ANY ISSUES GETTING RETAILERS INTO THESE OF THESE COMMERCIAL PORTIONS? WE HAVE A REALLY STRONG PARTNER ON COMMERCIAL PARR THAT YOU NEED TO SPECIFY.
I MEAN, YOU NEED TO BE GOOD AT WHAT YOU ARE.
WE HAVE A GREAT PARTNER THAT WE'RE DOING A BEAUTIFUL PROJECT IN CORAL SPRINGS AND HE'S SPECIALIZED IN COMMERCIAL.
SO THE ANSWER WILL BE, NO, I DON'T THINK IT'S GOING TO BE A PROBLEM.
IF YOU BRING THE CORRECT PLAYERS, YOU'LL GET IT DONE.
THE OTHER QUESTION THAT I HAD IS JUST CURIOUS.
YOU KNOW, I BELIEVE IT'S A HUNDRED AND TWENTY FIVE.
YOU'RE WILLING TO PUT IN THE PAUSE, IS THAT CORRECT? ONE HUNDRED AND TWENTY FIVE THOUSAND DOLLARS T ARE YOU GUYS IN A POSITION WHERE YOU COULD RAISE THAT OFFER? YES, THEY PUT IT DOWN, TEND TO THE DEPOSIT.
[02:10:01]
AND JUST TO BE CLEAR AND FORGIVE ME FOR NOT KNOWING THIS ANSWERS HAVING THIS FROM STAFF, BUT IF THE IF THE PROJECT WERE NOT CLOSED ON, WHAT HAPPENED TO THAT DEPOSIT? IT'S NOT CLOSED ON AFTER.WITHIN THE DUE DILIGENCE PERIOD, ONE HUNDRED AND TWENTY DAYS, THEN THE CITY CAN KEEP THE DEPOSIT AND I'M GOING TO LOOK AT PATRICIA TO HELP ARTICULATE THIS A LITTLE MORE APPROPRIATELY. THERE ARE ALSO OTHER TERMS IN ADDITIONAL TERMS. IF THE CITY DOESN'T MEET SOMETHING THAT WE NEED TO GIVE THEM THE OPPORTUNITY, I GET THAT.
I MEAN, WE DON'T ASK THE ZONING.
IT'S WITHIN THE 120 DAYS THEY'RE ENTITLED TO, YOU KNOW, WALK AWAY AND THEY GET THEIR THEIR DEPOSIT BACK AFTER 120 DAYS.
OR IF WE HAVE NOT MET THE CONDITIONS TO CLOSE, THEN THE ADDITIONAL TERMS BEEN THERE AND.
RIGHT, AND SO I'D BE MAYBE MAYBE GIVE US A MINUTE TO THINK ABOUT IT IF WE HAVE ANY OTHER QUESTIONS, BUT THAT WOULD BE SOMETHING THAT I DEFINITELY I APPRECIATE THE SIZE OF THE PROJECT. I DO THINK THAT A LITTLE BIT BIGGER DEPOSIT WOULD PROBABLY MAKE US A LITTLE MORE COMFORTABLE BECAUSE WE DO HAVE IT'S A LONGER DUE DILIGENCE, APPARENT DUE DILIGENCE PERIOD COMPARED TO THE OTHER PROJECT AT THIS TIME.
WHAT WOULD YOU THINK THAT THE LARGER DEPOSIT WOULD BE? I WAS HOPING YOU WOULD TELL ME.
WOULD CAN I ASK WHAT WOULD YOU CONSIDER? I THINK THAT'S A GOOD QUESTION.
I WOULD NEED TO TALK TO OUR REAL ESTATE EXPERT OVER HERE.
I HAD I THINK HE HAD SIMILAR QUESTIONS.
SO MAYBE I MEAN, DO YOU HAVE A FIVE THOUSAND DOLLARS FOR SOMETHING THAT WOULD YOU BE WILLING TO DROP THAT TIME PERIOD FROM 120 DAYS? THAT'S IF WE'RE NOT.
IT'S A NORMAL DUE DILIGENCE PERIOD.
I MEAN, THE THING HERE IS THE REZONING.
SO IT'S JUST A MATTER OF WHAT THE CITY CAN DO BECAUSE IT WOULD DROP IT AND THAT REZONING DOESN'T COME OUT, THEN WE WOULD WE NEED TO DO AN EXTENSION AND AN EXTENSION TO AVOID IT.
WELL, I UNDERSTAND THAT COMPLETELY.
YOUR COMPETITOR THAT YOU'RE SPEAKING AGAINST IS A LOT SHORTER.
I KNOW THAT'S OUR CONCERN IS I MEAN, WE'RE ON WE'RE ON THE HOOK FOR A MUCH SHORTER TIME FRAME AND A CONSIDERABLY LARGER MONEY UPFRONT DEPOSIT AND EARNEST MONEY ESCROW.
SO WHEN WE'RE TALKING ABOUT A PURCHASE HERE, I MEAN, I'LL BE HONEST, THOSE TERMS LOOK MORE ATTRACTIVE. I UNDERSTAND THE OUTCOME.
YOU'RE PUTTING A HOTEL THAT OTHERS NOT.
I UNDERSTAND THAT 100 PERCENT.
BUT THOSE TWO THINGS HAVE SHORTENED THE DUE DILIGENCE PERIOD OR INCREASED MONEY IN ESCROW. I MEAN, WHAT ARE YOU WANT TO DO? DOES NOT MATTER WHAT WE THINK WE WOULD LIKE TO SEE.
IT IS MORE OR LESS. WHAT ARE YOU GOING TO DO? YOU'RE THE BUYER HERE. WE CAN LET ME SAY THIS, IN CASE YOU HAVEN'T, IF YOU HAVE YOU REVIEWED THE OTHER SMIL WE HAVE TONIGHT, WHAT HAVE YOU REVIEWED THE OTHER CONTRACT THAT WE HAVE BEFORE US TONIGHT? I HAVEN'T REVIEWED.
I JUST HEARD OF IT. I CAN TELL YOU THAT THEY HAVE 100 OF 100 IMMEDIATELY.
ALL RIGHT, TITLE THAN IT SAYS THEN, TWO HUNDRED WITHIN THREE DAYS.
SO THAT'S 300000 WITHIN THREE DAYS OF THE AFTER COMPLETION OF THE DUE DILIGENCE PERIOD.
SO THE DEPOSIT IS THREE THOUSAND TWO HUNDRED THOUSAND DOLLARS.
SO SO THE THE WHAT'S WHAT'S IMPORTANT HERE IS THE HUNDRED COMPARED TO 25.
AND AUGUST 25, INITIAL THURSDAY'S 100 INITIAL LETTERS, TWO HUNDRED AND TWENTY FIVE.
SO ARE WE UNDERSTANDING CORRECTLY YOU'RE INITIALLY YOU'LL PUT TWO HUNDRED AND TWENTY FIVE THOUSAND DOLLARS, IS THAT IS THAT WHAT I'M HEARING? WELL, SORRY, WE SAY THIS WILL MATCH THE OTHER CONTRACT WE HAD AT THE BEGINNING AND LET ME KNOW WHAT WE'LL DO.
ONE HUNDRED AND TWENTY FIVE AND THEN 181.
SO THE 120, HE'S PUTTING ONE HUNDRED THOUSAND ONE HUNDRED AND TWENTY FIVE AND THEN 100 POUNDS AND THEN YEAH, OF COURSE THEN 100000 AFTER BELGIAN'S AFTER THE DUE DILIGENCE.
AND MY UNDERSTANDING IS THAT CORRECTLY.
THAT'S WHAT HE'S DATING. OK, BECAUSE I PUT YOU GUYS AT 125.
SO THE OTHER THE OTHER PARTY IS PUTTING ONE HUNDRED THOUSAND DOLLARS THREE DAYS AFTER.
AND THEN CAN YOU JUST JUST TO BE SURE.
SURE. THE DEPOSIT IS ONE HUNDRED THOUSAND IN ESCROW AND THEN WITHIN THREE DAYS AFTER COMPLETION OF THE DUE DILIGENCE PERIOD, THE DEPOSIT OF TWO HUNDRED THOUSAND.
[02:15:01]
THREE DAYS AFTER THE DEADLIEST PERIOD, OK, THEN WE'LL DO 125 AND 200000.WOULD YOU BE WILLING TO MATCH THEIR DUE DILIGENCE, PERIOD, THAT THAT'S I DON'T.
THAT THE PROBLEM IS THAT THAT DOESN'T HAVE TO HAVE LEGS.
CHAIRMAN, IF WE COULD PULL IT OFF THE SCREEN, MAYBE IF THEY READ IT AND SEE EXACTLY WHY WE CAN'T READ UP ON THE SCRIPT.
IT'S ACTUALLY AFTER THE DILIGENT DILIGENCE PERIOD.
SO FOR A TOTAL OF THREE HUNDRED AND TWENTY THREE HUNDRED AND TWENTY FIVE YARDS.
FINE. OK, THAT I THINK ARE OUR ATTORNEYS WANT TO SHOW YOU.
MR. CHAIRMAN, I JUST FINISHED A PARR.
I DO HAVE SOME CONCERNS WITH THE DOJ DRASTICALLY LONGER TO BE ON THE HOOK IN THE SITUATION WHERE THEIR MONIES ARE 100 PERCENT PROTECTED DURING THAT TIME SO THEY CAN BAIL ON THE SEVENTH HOUR OF THAT DUE DILIGENCE OF 120 DAYS WHERE THE OTHER PROPERTIES IS ALREADY PURCHASED, CLOSED.
THEY'RE WORKING. WORKING ON BUILDING EXACTLY AS THEY NEED TO.
THAT'S MY CONCERN WHEN I'M LOOKING AT THAT AND LOOKING AT THE DUE DILIGENCE PERIOD AND I UNDERSTAND I THINK THE DUE DILIGENCE PERIOD FOR THEM IS LARGELY TO DO WITH DETERMINING THE FEASIBILITY OF PURCHASING THE ADDITIONAL PROPERTIES AND WHAT EXACTLY IS GOING TO PAN OUT BASED UPON WHAT'S AVAILABLE.
SO THEN ULTIMATELY WE'RE AGREEING IF WE WERE TO ACCEPT THAT CONTRACT, WE'RE AGREEING, NOT KNOWING WHAT WE'RE GOING TO GET. BUT I WANT TO BE VERY BLUNT THAT WE DON'T KNOW, IT COULD BE 290 SOMETHING UNITS, IT COULD BE 160 UNITS, WE JUST DON'T KNOW UNTIL THAT TIME COMES.
AND THEN THEY'RE GOING TO COME BACK AND SAY, HERE'S WHAT WE GOT BASED UPON THE PROPERTIES WE'VE ACQUIRED. THAT REALLY DIDN'T FIT WHAT WE WANTED AND NOW WE'RE WASTED THIS TIME WHERE WE COULD BE GOING TOWARDS SOMETHING, THAT'S MY CONCERN.
I JUST WANTED TO SHARE THAT WITH THE BOARD WHEN I'M LOOKING AT THAT WITH THE PERIOD OF DUE DILIGENCE AND WHAT COMMISSIONER FELIX? WHAT'S THE DUE DILIGENCE FOR THE OTHER APPLICANT? HOW LONG IS IT? THIRTY DAYS, IT'S LIKE.
UM. I CAN SEE I CAN SEE WHY IT'S DIFFERENT, BECAUSE THE COMPLEXITY OF THE PROJECTS OR TWO DIFFERENT DIFFERENT SCALES, SO I MEAN, I WOULD CERTAINLY BE OK WITH THE ONE 20.
THE CURRENT OFFER, IT'S TWO DIFFERENT, TWO DIFFERENT PROJECTS, TWO DIFFERENT.
IT'S NOT APPLES AND APPLES HERE, ALTHOUGH IT'S IT'S WE'RE NOT IN A WONDERFUL POSITION AT THIS POINT AS A BOARD.
AND IDEALLY, THIS CAN MATERIALIZE.
ANY ADDITIONAL QUESTIONS? ON THE BOARD. COUNCILMAN OR COMMISSION OF FELIX, A QUESTION I WOULD ASK FOR MISS BROWN HERE IS, IS FINANCIALLY THE TWO COMPANIES WHO IS FINANCIALLY IN THE BETTER POSITION? IN TERMS OF ASSETS, SO I DID INQUIRE FOR A STATEMENT OF FINANCIAL VIABILITY IN ORDER TO PROVIDE THAT TONIGHT, AND WHAT I GOT FROM BOTH IS THAT THEY WOULD NEED MORE TIME TO GET THAT. THE OTHER IS THEY WOULD BE ABLE TO BETTER GET THAT IF THEY KNEW THEY CAN GET THAT STATEMENT FROM THEIR LENDER, THEIR INVESTORS, IF THEY KNEW THAT THEY WERE GRANTED THAT BECAUSE THEN THEY WOULD NEED TO WORK THROUGH THE DEVELOPMENT PIECE, THE FINANCIAL OVERALL FINANCIAL COST OF IT TO BRING SOMETHING BACK.
SO WHAT I WHEN I TALKED WITH EACH OF THEM, I HAD SUGGESTED THAT BEFORE IT IS EXECUTED.
AND WE SELECT EITHER WHICHEVER ONE WE SELECT BEFORE THE CONTRACT IS EXECUTED, WE WOULD WANT SOMETHING THAT HAD THEIR STATEMENT OF FINANCIAL.
IN TERMS OF PROJECTS I'VE WE'VE SEEN OR KNOW OF OR VERIFIED PROJECTS BOTH COMPANIES HAVE DONE IN THE LAST MAYBE FIVE YEARS OR SO.
OK. I MAYBE TELL US A LITTLE BIT ABOUT CLUB AND I'LL LET THEM SPEAK TO THEIR OWN PROJECTS, BUT ADELONG CAPITAL, AS YOU KNOW, WAS EIGHTY-ONE GLOBAL THAT DID THE HOTEL PROJECTS HYATT AND HOME TO SUITES AT PALM BAY ROAD AND BASS PRO DRIVE, AS WELL AS PARACEL IN MELBOURNE. AND I THINK THEY WE'VE WE HAVE RIGHT NOW 29 HOTELS, NOT PORFOLIO ALL IN FLORIDA, GEORGIA, NORTH CAROLINA, SOUTH CAROLINA AND CONNECTICUT.
WELL, WE SIGNED AN AGREEMENT WITH CRYSTAL LAGOON, YOU KNOW, WE HEARD CRYSTAL LAGOON, WHAT ARE THE ARMY RIGHTS FOR ALL ORLANDO AREA AND METROPOLITAN AREA OF ORLANDO?
[02:20:04]
WE HAVE TWO PORTFOLIOS ON MULTIFAMILY.THAT IS A NEW BRAND THAT WE'RE DOING.
WE JUST STARTED CONSTRUCTION AND WE ALREADY HAVE THE LOAN ON THAT PROPERTY.
THAT'S FORTY ONE POINT ONE MILLION.
FORTY ONE MILLION PROJECT IN MELBOURNE.
WE GOT THE LAND LEASE ON MELBOURNE AIRPORT TO DOING THE HOTELS.
WE HAVE RIGHT THERE A LAND LEASE FOR 75 YEARS ON A 12 ACRE LAND.
WE'RE NOT WE'RE NOT RIGHT NOW FINISHING THE LENDER FOR THE HEIGHT OF PLACE OVER THERE.
AND WE'RE STARTING CONSTRUCTION IN ABOUT 30 DAYS, APPROXIMATELY.
WE'RE GOING TO DO THERE A CONVENTION CENTER AND WE'RE GOING TO DO RETAIL AND A SECOND HOTEL OVER THERE.
WE'RE RIGHT NOW STARTING A CONSTRUCTION FOR MULTIFAMILY ON KISSIMMEE.
WE HAVE A FOUR HUNDRED AND THIRTY FOUR ROOMS, WHICH IS CONVERTED FROM PARKING TO A WYNDHAM CELEBRATION.
AND WE'RE DOING A MULTIFAMILY ADJACENT TO THAT PROPERTY, CORAL SPRINGS.
WE ARE ACTUALLY THE CITY CHOSES TO DO THE HYATT PLACE AT THE INTERSECTION.
THEY MEAN THEY'RE THEY'RE ACTUALLY STARTING DOWNTOWN, CLOSE FRIENDS.
AND WE'RE PART OF THAT PROJECT.
WE ACQUIRED THE FOR THE WE'RE ACTUALLY WE DID A SMALL J.B.
WITH MEL QUICK, WHICH IS ONE OF THE LARGEST DEVELOPER COMPANY FOR MULTIFAMILY IN THE U.S.
SO THEY'RE DOING THE MULTIFAMILY.
WE'RE DOING THE HOTEL. AND WE ARE PLANNING ON DOING ALSO THE CONDOMINIUMS THERE.
IT'S CORNERSTONE, THE CAPITAL IN FRONT OF THE CITY OF THE COAST.
AND WE HAVE DONE IN OUR TRAJECTORY ABOUT 8000 CONDOMINIUMS ABOUT, I DON'T KNOW, MAYBE 40 MILLION SQUARE FOOT OF RESIDENTIAL OFFICES AND COMMERCIAL.
I THINK SO. ALL RIGHT, THANK YOU.
ABSOLUTELY. I THINK IT'S ONLY FAIR TO WE LIKE TO HAVE APPRECIATED THAT THANKS TO.
YES, AS JOAN REQUESTED, A STATEMENT OF FINANCIAL VIABILITY, THAT'S THAT CERTAINLY IS AN ISSUE. I DO HAVE A LETTER FROM FROM A BANKER.
I STILL BELIEVE MOST OF OUR PROJECT WILL BE MYSELF, PERSONALLY AND MY PARTNER.
IT'S IT'S AS SHE STATED, THE PROJECT FOR US IS PROBABLY LOOKING IN AGAIN.
IT DEPENDS ON WHAT WE'RE ABLE TO DO, BUT SOMEWHERE IN THE NEIGHBORHOOD OF 15 MILLION DOLLARS. SO IT'S NOT A HUGE PROJECT FOR US.
AND SO EASY FOR ME TO GET A STATEMENT FROM THE BANK TO SAY, OK, WELL, WE WANT FIVE MILLION OR 10 MILLION.
OR ARE THE WHOLE THING ONE EASY RIGHT NOW? I DO OWN OGOLA OPERATION IN MELBOURNE.
I OWN A HOME. THEY'RE PAID FOR THE PROPERTIES THAT ARE NEXT TO THE SUBJECT PROPERTY, THE ONE ACROSS STREETS PAID FOR.
AND AS I SAID, I HOLD MORTGAGE LIEN ON THE BEACH SHOP BECAUSE I'VE ALREADY GIVEN HER CASH TO BUY A NEW HOME AND I WILL BE RETAINING THOSE PROPERTIES.
I LIKE PALM BAY. I REALLY BELIEVE THAT.
OR FOR THIS COMMISSION, IF IT WAS ME ON THE COMMISSION, I WOULD LOOK AT LESS ABOUT THE DOWN PAYMENTS BECAUSE I CAN PUT FIVE HUNDRED THOUSAND DOLLARS DOWN, ONE HUNDRED THOUSAND DOLLARS DOWN OR WHATEVER.
IF I WALK AWAY, IT DOESN'T MAKE ANY DIFFERENCE.
THAT'S WHY FOR ME THE DUE DILIGENCE VERY SMALL.
MY PASSION IS PROTECTING THAT WATERFRONT.
I THERE THERE'S NO DOUBT IN MY MIND THAT THEY WILL BUILD A BEAUTIFUL FACILITY, BUT IT WILL NOT BE THE WATERFRONT THAT YOU KNOW TODAY.
AND FOR ME, THAT'S UNFORTUNATE.
AND I LOVE BEING PART OF THAT'S WHY I OWN THE MARINA.
THAT'S WHY I LOOK TO OTHER MARINAS.
I LOVE BEING PART OF THAT WATERFRONT FOR MY GENERATION, MY CHILDREN'S GENERATION, FUTURE GENERATIONS, BECAUSE, YOU KNOW, BOATING STILL HERE.
KNOW, I THINK IT WAS 40 PERCENT OF BOATS SOLD LAST YEAR WERE NEW VOTERS.
AND THEY'RE GOING TO BE PLACED ON THE WATER.
PEOPLE LIKE TO CONGREGATE IN THE WATER.
IT WILL DRIVE PEOPLE TO AN EVENT.
RESIDENTIAL DOESN'T GENERALLY DO THAT.
BUT IT TRYING TO IF YOU IF YOU LOOK AT WHAT'S HAPPENING IN MELBOURNE AND YOU YOU SAY YOU TALK ABOUT MELBOURNE ALL THE TIME, I LIVE, YOU KNOW, CLOSE TO FRIGATES AND CLOSE TO DOWNTOWN. MY HOME IS ON THE WATER THERE.
IT STARTED WITH JUST, YOU KNOW, YOU KNOW, YOU KNOW, SQUID LIPS.
AND THEN THERE WAS ANOTHER BAR AND THEN THERE WAS A NICE PIZZA PLACE AND IT GREW ORGANICALLY BECAUSE THEY GOT THE RIGHT MIX OF OF COMMERCIAL DEVELOPMENT IN THERE AND
[02:25:06]
RESTAURANTS. AND NOW THERE WILL BE A HOTEL THERE BECAUSE IT IS SUPPORTED BY THE COMMERCIAL THAT'S IN THE AREA NOW.BUT RESIDENTIAL DOES NOT DRIVE NECESSARILY GROWTH INTO A MARKETPLACE.
DO YOU THINK YOU HAVE ADDITIONAL QUESTIONS? ANY QUESTIONS, COMMISSION AND BAILEY I DID WANT TO OFFER TO BOTH PARTIES.
ONE SECOND, SECOND, RIGHT FIRST, I THINK I DID WANT TO OFFER BOTH PARTIES A CHANCE, I CAN TELL YOU MY MY PREFERENCE AND NO, I THINK I'VE TOLD STAFF THAT I WOULD MOST FEEL COMFORTABLE GETTING RID OF THIS PARR BEFORE WAS TWO MILLION.
SO I WAS JUST CURIOUS IF EITHER PARTY HAD ANY INTEREST, BECAUSE RIGHT NOW IT SEEMS LIKE WE'RE NOT SURE WHERE THIS BOARD IS GOING RIGHT NOW, BUT THAT CERTAINLY WOULD SELL ME IN A HEARTBEAT. JUST JUST BEING HONEST, YOU KNOW, I ALWAYS WANT TO AT LEAST GIVE YOU AN OPPORTUNITY TO MAKE THAT OFFER.
SO WHAT VICE VICE CHAIR JOHNSON, WHAT HE'S ASKING IS THE QUOTE WE GOT WAS TWO POINT TWO MILLION. HE'S SAYING WILL, IS EITHER ONE OF YOU WILLING TO MATCH THAT? AM I CORRECT? COMMISSIONER BAILEY? I JUST ASKED TO ME TWO MILLION I COULD WALK AWAY HAPPY KNOWING THAT THAT'S A LOT MORE THAN WHAT I THINK WHERE WE WERE AT WHEN AND.
SO BUT IT'S BUT IT'S NOT JUST WHERE WE WERE AT.
NOW WITH THAT THAT IDEA IS JUST THAT'S WHAT I FEEL COMFORTABLE, ESPECIALLY WITH THE REQUIREMENTS THAT WE'RE GOING TO NOW HAVE THE BOARDWALK AND SO FORTH WITH PUBLIC ACCESS THAT'S IN FRONT OF IT. JUST A SECOND, JUST A SECOND, WE HAVE SO COMMISSIONER BAILEY, DID YOU HAVE AN ADDITIONAL QUESTION OR CARRY ON, SIR? IT IS A GREAT PIECE OF PROPERTY.
THERE'S AND AND IT NEEDS TO BE DEVELOPED.
AND AND AS I TOLD JOAN WHEN OUR INITIAL OFFER, AS I LOOKED AT THE PROPERTY AND LOOKED AT THE PROPERTY IN 2017 AND HAVE LOOKED AND INQUIRED FIRST IN 2016, IT'S UNIQUE THERE.
THERE ARE A LOT OF THINGS THAT YOU CAN AND CAN'T DO WITH THE PROPERTY, WHICH I THINK WE WILL ALL FIND OUT DEPENDING ON HOW EVERYTHING GOES.
BUT THE THREE THOUSAND WASN'T GOING TO MAKE OR BREAK IT IN.
THE TWO HUNDRED THOUSAND PROBABLY ISN'T EITHER.
BUT I FEEL VERY CONFIDENT THAT ONE POINT EIGHT MILLION IS FAIR.
IT'S A FAIR OFFER FOR THE CITY, ESPECIALLY EVERYTHING THAT WE'RE GOING TO PUT IN IT, THE CONCERT VENUES AND THE MARKETING TO ATTRACT PEOPLE TO THE AREA TO DRIVE GROWTH IN THE AREA. I FEEL THAT ONE POINT EIGHT FOR US, A VERY FAIR OFFER.
AGAIN, IT MAY BE WORTH TO YOU AND IT PROBABLY IS.
BUT I THINK WITH EVERYTHING THAT WE'RE GOING TO DO ON THE PROPERTY, IT'S A VERY FAIR OFFER. SO. THANK YOU.
WE'D LIKE TO HEAR FROM AVALON.
HE RESPONDED, SO I'D LIKE TO GET AN ANSWER TO COMMISSIONER BAILY'S COMMISSIONER BAILEY AND ACTUALLY VICE CHAIRMAN JOHNSON'S REQUEST.
I MEAN, RESTATE. NO, NO, NO, I TOTALLY GET IT.
YOU SAID WE CAN GET TO TWO TO TWO, RIGHT? OK, SO TWO MILLION, HE WOULD BE HAPPY WITH TWO MILLION.
SO THE TWO POINT TWO THAT IT'S.
AND NOW THAT YOU SAY IT NOW THE VICE CHAIR AND YOU'RE RIGHT, I MIGHT HAVE SPOKE TOO SOON.
I GAVE I GAVE YOU MY BOTTOM LINE TOO SOON THERE.
BUT WE'RE AT ONE POINT EIGHT RIGHT NOW, SO IT'S TWO STILL BETTER.
I THINK WE HAVE THE REALTOR'S ADVICE WAS TO POINT TO CORRECT.
SO THAT THAT IS A FAIR, YOU KNOW, FAIR REASON.
THAT'S WITH THE CONTINGENCIES OF OF IT.
SO, I MEAN, BEING SOMEWHERE IN THAT NEIGHBORHOOD.
WE COULD PROBABLY THINK OF PUTTING IT TO ONE POINT NINE, I THINK THAT WE CAN DO THAT AND THE NUMBERS WILL WORK, WILL STILL WORK IT JUST A MATTER OF UNDERWRITING AND IF IT WORKS.
BUT I WANT TO DO A SECOND, ANOTHER SUGGESTION, IF I MAY CARRY ON.
ALWAYS WORKING ON JARVIS ALWAYS AND WE ALWAYS TRY TO BRING EXPERTS INTO OUR PROJECTS, IF HE'S AN EXPERT ON MORENAS, HE CAN DO THE MARINA IN OUR IF WE DO THE PROJECT, YOU CAN DO THE MARINA AND WE CAN DO A JARVIE.
WE'RE NOT AGAINST THAT IF YOU'RE OK.
I. OK, I ASSUME WE DID OUR BEST.
PALM BAY. IT WOULD FOR CLARITY IS JOINT VENTURE.
THANK YOU. I APPRECIATE YOUR COMMENTS.
THANK YOU. ANY FURTHER QUESTIONS, PLEASE?
[02:30:02]
SO WE HAVE A ONE POINT NINE, ONE POINT NINE TO HIT ONE POINT NINE TO FIVE.I DON'T MEAN TO MAKE LIGHT OF THAT.
I WAS JUST. IN ONE COMMENT I'LL MAKE AGAIN, AN APPRAISAL IS JUST AN APPRAISAL, MR BAILEY, BUT IF YOU LOOKED AT THE APPRAISAL AND USING VALUES AND DATA GOING BACK TO 2016, I PERSONALLY KNOW EXACTLY WHAT THOSE DOCS ARE GOING TO BE.
AND IT'LL IT'LL BE ONE WILL BE AROUND THE 200000 TO SAY THAT IT'S GOING TO BE 10000 FOR ELECTRICAL ON IT WHEN THE THE SHAW POWER IS GOING TO BE 20000 DOLLARS IN NEW SHAW POWER JUST FOR THE UNITS ON THAT DOCK AND THE DOCKS.
THE PICTURES THAT I SAW, THE DOCKS AREN'T THE DOCKS THAT ARE THERE ANYMORE BECAUSE THE DOCKS ARE THERE TODAY, ARE IN THE WATER.
AND I WAS I WAS COMMENTING TO TO TO JOE.
I WAS LOOKING AT THESE I DON'T KNOW WHERE THESE PICTURES CAME FROM, BUT I WALKED THE PROPERTY ALMOST EVERY DAY THAT I'M HERE.
AND THEY'RE NOT FROM THAT PROPERTY TODAY, SO.
THANK YOU. WE DO HAVE A PUBLIC SPEAKER COMING, MIKE LIGAIRI.
PLEASE STEP FORWARD. YES, GOOD EVENING, MIKE MCGARRY, FOUR ONE EIGHT SIX DIXIE HIGHWAY NE, AND IT'S IT'S EXCITING TO HAVE A COUPLE OF OPTIONS FOR THAT PROPERTY.
AND WHEN I LOOK AT IT, I'D LIKE TO THINK I'VE HAD THE GOOD FORTUNE OF, YOU KNOW, GOING THROUGH COASTAL ZONE MANAGEMENT WAS MY AREA OF GRADUATE STUDY.
AND WHEN IT COMES TO A CITY MAINTAINING ITS WATERFRONT, WATER DEPENDENT USES TRULY WATER DEPENDENT USES ON THE WATERFRONT.
AND MY FEAR IS A LARGE HOTEL AND MULTIFAMILY COMPLEX.
WHILE IT IT MAY HAVE DOCKS BEHIND IT, IT'S NOT IT'S TAKING UP WATER FRONTAGE WITH BUILDINGS. THAT MAY BE WONDERFUL, BUT THEY COULD BE UP ON THE BLUFF BY PORT MALABAR ROAD OVERLOOKING THE RIVER AND STILL BE A WONDERFUL HOTEL.
WATERVIEW CONDO PRESERVATION OF THE MARINA AS A TRUE MARINA FACILITY AS PROPOSED BY SPACE COAST MARINA WOULD SERVE ALL THE RESIDENTS OF THE CITY, ALL THE RESIDENTS OF THE CITY.
IF THEY BOAT OR KAYAK OR WANT TO RENT A BOAT, THEY NEED A MARINA.
AND IT'S IT'S THE LAST PLACE IN THE CITY.
IF IT'S GONE AND IT'S DOCKS BEHIND A FANCY HOTEL CONDO, IT'S NOT GOING TO SERVE THE FULL RESIDENTS OF YOUR CITY THAT YOU'RE HERE TO REPRESENT.
AND IN ADDITION TO THE SPACE COAST MARINA PROPOSAL, THE FACT HE'S INVESTED IN ADJACENT PROPERTIES, HE'S READY TO GO FORTH.
LONG AGO, WHEN THE NORTH SHORE DEVELOPMENT WAS FIRST DREAMED UP, THE SALESMAN THAT I DON'T THINK IS STILL INVOLVED, THEY MADE AN OFFER ON THAT AND IT WAS A BUNCH OF SMOKE AND MIRRORS AND THEY PROBABLY SHOWED PICTURES JUST AS PRETTY AS THESE GUYS.
AND THEY MADE AN OFFER AND THEY WALKED ON IT.
AND THE LOCAL BUSINESSES THAT WERE GOING TO MAKE AN OFFER LEFT BECAUSE THEY COULD SEE THAT CITY STAFF, JAMES MARSHALL AND MR. LENK WERE ENTHRALLED BY THE PRETTY PICTURES OF THESE DEVELOPMENT SPECULATORS.
AND SO I WOULD SUGGEST STRONGLY ENCOURAGE YOU TO GO WITH SPACE COAST MARINA'S PROPOSAL.
IT WILL RECRUIT PEOPLE TO THE AREA AND HE'S READY TO GO.
HE DOESN'T NEED TO MAYBE BUY MORE PROPERTY.
MORE IMPORTANTLY, IT'S NOT DEPENDENT ON REZONING.
WHEN YOU HAVE A HEARING ABOUT THE TEXTUAL CHANGES TO THE BAYFRONT ZONING, IT WAS THIS IS THE FIRST STEP.
IF YOU ACCEPT AN OFFER BASED ON REZONING, YOU'RE REACHING A DETERMINATION ON REZONING BEFORE YOU'VE REALLY ALLOWED THE PUBLIC ANY COMMENT ON REZONING.
YOU'VE GOT TO YOU GOT A ONE POINT NINE DOLLARS MILLION OFFER PENDING ON YOUR REZONING BEFORE YOU'VE ACCEPTED ANY PUBLIC COMMENTS ON REZONING.
AND I WOULD JUST STRONGLY ENCOURAGE YOU TO TAKE THE SURE THING.
I'M GOING TO SHARE MY COMMENTS, AND I'VE I'VE NEVER SPOKEN TO MR. MCGARRY, BUT HE HE SAID HE SHARES SOME OF MY CONCERNS AS WELL MYSELF.
COMMISSIONERS, I'M LEANING TOWARDS SPACE COAST MARINA FOR A NUMBER OF REASONS.
ONE IS THE CONCERN WITH THE REZONING AND.
[02:35:06]
I KNOW YOU SAID OF CHAIR THAT WE'RE IN A DIFFICULT POSITION.I BELIEVE WE'RE IN A WIN WIN EITHER WAY WITH THAT WIN WIN, LIKE WE'VE SAID WITH, YOU KNOW, WITH THE PREVIOUS BUSINESS ITEM, WE WANT THE BIGGEST BANG FOR OUR BUCK.
AND THAT'S WHAT WE'RE LOOKING AT.
BUT AT THE SAME TIME, I'M LOOKING AT IT FROM PROTECTANT MARINA AS WELL.
AND ADELONG DID A GREAT JOB RIGHT OFF I-95.
AND IF WE'RE TALKING ABOUT REZONING AND ALL THESE THINGS, LIKE YOU SAID, WE DON'T WANT TO GET AHEAD OF OURSELVES, BUT WE HAVE SO MUCH LAND IN PALM BAY, WE CAN ALMOST REZONE ANYWHERE ELSE OR LOOK AT THE COMP PLAN AND THINGS OF THAT NATURE.
BUT IN REGARDS TO HAVING SOMETHING READY RIGHT NOW, SPACE COAST MARINA HAS EVERYTHING IN PLACE. YOU KNOW, THEY HAVE ALL THEIR DUCKS IN A ROW IN PLACE TO GO RIGHT NOW.
YOU KNOW, NOT WHAT IF RIGHT NOW, SO ME PERSONALLY, I'M LEANING TOWARDS SPACE COAST, MARINA, ADELONG, YOU'RE DOING A GREAT JOB AND YOU HAVE AND I STILL WANT TO WORK WITH YOU ALL ON ANOTHER LOCATION.
BUT AS OF RIGHT NOW, I'M LEANING TOWARDS SPACE COAST MARINA.
YES, THANK YOU, CHAIR, A COUPLE OF THINGS I'LL SHARE.
IF I SHARED THE SENTIMENT OF THE DUE DILIGENCE PERIOD, AND IT SEEMS A FEW OF MY COLLEAGUES HERE JUST THEY'RE NOT SO CONCERNED, 60 DAYS VERSUS 120, SO BE IT.
AND THAT'S FINE. AND SOME WERE NOT AS CONCERNED WITH THE MONEY UP FRONT PUT IN.
AND ULTIMATELY, ALL THAT'S ABLE TO COME BACK SHOULD SOMETHING NOT PAN OUT FOR EITHER BUYER. AND THAT DUE DILIGENCE PERIOD BAILEY UNDERSTANDABLE WITH THESE CONTRACTS.
ALAS, CONCERN I'LL PUT OUT THERE WITH THE ONE THEY'RE TALKING ABOUT AN EXTENDED STAY HOTEL. NOW, WHILE I UNDERSTAND THIS HOTEL IS GOING TO BE NEW, IT'S GOING TO BE GREAT.
IT'S GOING TO BE IT'S GOING TO BE AWESOME.
LOOKING FOR. I WANT YOU TO LOOK TOWARD BIG CITY IN THE OTHER AREA.
WHAT ARE THE MORE RUNDOWN HOTELS? THE EXTENDED STAYS. IT WAS MENTIONED BY THE GENTLEMAN FROM SPACE COAST.
THAT TALKING ABOUT THE TYPE OF HOTEL I WANT US TO REALLY TAKE THAT TO HEART WHEN WE'RE TALKING, THIS IS WHERE WE'RE TRYING TO GET PEOPLE TO COME HOME TO PALM BAY FOR THIS AREA.
YOU KNOW, THE MELBOURNE HOTEL IN DOWNTOWN MELBOURNE WASN'T THE FIRST HOTEL.
IT CAME AFTER EVERYTHING ELSE CAME IN, IF WE COULD GET THE MILBY OVER THERE.
I MEAN, THAT'S A THAT'S A LOT DIFFERENT STYLE OF A HOTEL, A LOT DIFFERENT STYLE THAT'S GOING TO BE BRINGING IT'S A LOT DIFFERENT ATTRACTION.
AND I KNOW THAT MAY COME OFF LIKE I'M TURNING BECAUSE THE LAST TIME I WAS VERY IN SUPPORT OF A TALL HOTEL, YOU'RE YOU'RE DARN RIGHT I WAS.
NOW, AFTER MORE LOOKING INTO THIS, I'M BECOMING MORE PICKY AS FAR AS WHAT TYPE OF A HOTEL I'D WANT THERE. I DON'T WANT AN EXTENDED STAY.
I DON'T LIKE THAT IDEA AS WALLET WHEN IT'S BRAND NEW, SHIRT'S NEW.
LONG TERM, NOT GOING TO BE IN MY MY MY OPINION, THE BETTER.
LONG TERM INVESTMENT, AND I'M THINKING LONG TERM HERE FOR PALM BAY WHEN I'M MAKING THESE STATEMENTS AND I'LL EVEN SAY WHEN I GO LOOK ON HOTWIRE TO MAKE MY BOOKINGS FOR MY OWN PERSONAL FAMILY, CHEAPEST HOTELS ARE THOSE EXTENDED STAYS.
SO AND THAT'S WHAT'S BEING BROUGHT UP, IS THAT WANTING TO BRING IN AND THAT'S STUCK WITH ME TONIGHT AND I'M SORRY THAT IT'S REALLY IN MY HEAD AND THAT'S IN MY MIND, A PINNACLE LOCATION. I I DON'T WANT THAT HOTEL, THAT TYPE OF HOTEL THERE, AND IF THAT'S IF THE BOARD WISHES TO GO THAT ROUTE. GO THAT ROUTE.
I WOULD NOT BE IN SUPPORT OF THAT PLAN AT THIS TIME.
SHEILA FOSTER. GENTLEMEN WITH BABYLON, APPRECIATE YOU BUILDING THAT HYATT AS THE HYATT IN PALM BAY, I WAS THERE WITH THE WHEN THE GRAND OPENING GROUNDBREAKING. I DID A GREAT JOB AND I AND.
THE LAST PERIOD I VOTED AGAINST YOU GUYS, THIS IS THE HEIGHT REQUIREMENT.
I DIDN'T LIKE THE HEIGHT AND AND I DIDN'T LIKE WHAT WE WERE DISCUSSING.
ABOUT SEVEN, 10 STORIES, 12 STORIES, AND I'M STILL AGAINST HEIGHT, BUT YOU SAID SOMETHING TODAY ABOUT HOTELS.
I USED TO WORK FOR MARRIOTT ONE TIME I WAS A MANAGER AND MARRIOTT.
AND I UNDERSTAND COMMISSIONER PARR, HE'S RIGHT ABOUT EXTENDED STAYS.
BUT MARRIOTT, WHEN YOU DO IT, MARRIOTT, HYATT, YOU DEAL WITH A HIGH CLASS HOTELS.
THEIR NAME OR THEY THEY DON'T BILL HOTELS WHERE THEY'RE NOT GOING TO MAKE MONEY.
[02:40:03]
TRUST ME, THEY DON'T DO IT.AND IT'S ONE OF THE BEST BRANDS OR HOTELS WE HAVE.
EVERYWHERE I GO, I STAY AT A MARRIOTT, WAS A COURTYARD RESIDENT IN TOWN, HOOTSUITE AT THE TOWN HALL SUITES OR RESIDENT AND HIS EXTENDED HOTEL.
BECAUSE THEY BUILT THAT WAY, BUT.
I SAID ALL OF THIS TO SAY, I WANT YOU TO I THINK I COULD DO WHAT YOU SAY YOU COULD DO, BUT SPACE COAST MARINA.
KIND OF TOUCH ME A LITTLE BIT BECAUSE I'M CONCERNED ABOUT THAT WATERFRONT.
I'M REALLY CONCERNED ABOUT THE WATERFRONT.
AND THE REASON I VOTED LAST TIME, BECAUSE THE HEIGHT I WAS CONCERNED ABOUT THE WATERFRONT, THE WAY IT WILL LOOK.
OK. AND I THINK SPACE COAST MARINA WOULD DO US JUSTICE BY BUILDING, DOING WHAT THEY SAY THEY'RE GOING TO DO. YES, I WOULD LIKE ANOTHER HOTEL LIKE A MARRIOTT AND PALM BAY, BUT I DON'T THINK I WANT IT AT THAT LOCATION.
I THINK PROTECTING OUR WATERFRONT IS FAR MOST IMPORTANT.
AND I CAN SEE, YOU KNOW, WHEN THE SMELL COMES AND SOMEBODY THEY'RE NOT GOING TO WANT TO STAY IN THAT HOTEL.
WE HAVE PROBLEMS WITH THE ARUBA LAGOON AND WE'RE WORKING VERY DILIGENTLY TO FIX IT.
AND I DON'T THINK BUILDING A HOTEL NEAR THAT WATERFRONT IS GOING TO DO THE WATERFRONT JUSTICE OR THE LAGOON.
WE GOT TO HAVE A DIFFERENT LOOK, AND I THINK SPACE COAST ARENA IS GOOD, BRING THAT RECREATION, THAT ENTERTAINMENT AT THAT THING THAT WE'RE LOOKING FOR AND PALM BAY, I THINK SO WITH THE FOUR RESIDENTS AND PEOPLE WHO DON'T KNOW PALM BAY CAN BOLT AND BRING THEIR BOAT. UP TO THAT MARINA AND HAVE A NICE MEAL, ENTERTAINMENT AND THINGS OF THAT NATURE, NOT SAYING AVALON CAN'T DO THAT, BUT I DON'T THINK IT'D BE A GREAT FIT FOR THAT AREA.
THE GENTLEMAN WHO MADE THE PUBLIC COMMENT, I AGREE WITH WHAT HE SAID, TOTALLY WHAT HE SAID. SO I'M GOING TO BE, AS I GAVE YOU PRAISE, AVALON, BECAUSE I WANT YOU TO COME BACK TO US AND RECONSIDER US.
I BELIEVE THAT JACK COULD DO A GREAT JOB, YET YOU PROVEN THAT ALL AROUND THE COUNTRY AND FLORIDA, SO DON'T GIVE UP IF WE DON'T SUPPORT YOU ON THIS.
BUT I'M GOING TO GO WITH SPACE COAST.
MISSION OF FELIX, THANK YOU, CHAIRMAN.
I I'VE LISTENED TO BOTH APPLICANTS, YOU KNOW, WHERE A LOT OF ATTENTION.
I'M GOING TO TAKE A VOTE TONIGHT, WHICH I WILL I WOULD GO WITH THE.
AVALON, FOR THE SIMPLE FACT, LOOKING AT THE CIRCUMSTANCES, LOOK, LOOKING AT THE TIME WE ARE IN CURRENTLY, WE HAVE NO WAY OF OF WE DON'T HAVE ENOUGH HOTEL ROOMS WITHIN THE CITY LIMITS. WE CAN COUNT.
SO POTENTIALLY OUR DOLLARS ARE GOING TO GO TO MELBOURNE, THE SURROUNDING AREAS, BUT NOT HERE. OF COURSE, THE TWO THAT JUST RECENTLY OPENED THE HOME TO SWEDEN.
SO THAT JUST ADDED A LITTLE BIT FOR A CITY ALL SIZE.
AND FOR SOME OF THE THINGS WE ATTRACT TO AS FAR AS OUR RECREATION, WE HAVE NO BAD, NOT NOT BAD. TO PUT IF WE HAVE A GREAT EVENT, SO TO ME, WE CAN CAPTURE AND KEEP THE DOLLARS HERE WITHIN THE CITY, IT'S PURE, TYPICALLY NATURAL, THE HEARTFELT KIND OF GUY I HEAR I HEAR THE SPACE COAST.
NOT THAT I THINK IT'S A GREAT PROJECT, WHAT WITH PARTNERING WITH RESTAURANT AND SO ON.
AND I LIKE THE FACT THAT HE MENTIONED FRIGATES AND THEY STARTED TO TALK, WHICH.
I WILL SUPPORT AVALON TONIGHT WITH THE CAVEAT I WOULD LIKE FOR YOU GUYS TO PURSUE FRIGATES. I MEAN, I SAW SOMETHING IN THAT STYLE THAT'S THAT TYPE OF RESTAURANT.
YOU KNOW, I JUST USE FRIGATES.
YOU KNOW, I ACTUALLY HAD A GREAT TIME THERE, BUT.
[02:45:03]
I WOULD SUPPORT IT, JUST THE FACT THAT WITHIN THIS MOMENT, WITHIN THE CIRCUMSTANCES, FINANCIAL, ECONOMIC CIRCUMSTANCES, WHAT WE'RE TRYING TO DO, WHERE WE'RE TRYING TO BRING THE CITY, I WOULD I WOULD SUPPORT THIS THIS VENTURE.THANK YOU, MR. FELIX, COMMISSIONER BAILEY, I'M THINKING, CHAIRMAN, THE FIRST THING I WOULD SAY, WE ARE IN A GOOD POSITION. I APPRECIATE BOTH THE OFFERS.
I KNOW THAT BOTH PARTIES HAVE PUT A LOT OF TIME AND THOUGHT AND ARE PASSIONATE ABOUT WHAT YOU'RE DOING AND BELIEVE IN WHAT YOU'RE DOING.
AND I AND MY YOU KNOW, MY CONCERNS ARE VERY FEW.
AS FAR AS WILL YOU FOLLOW THROUGH, I KNOW THAT MR. MCGARRY, WHO USUALLY MY APPOINTEE ON THE SEAT ON THIS BOARD FOR A PERIOD OF TIME BEFORE WE CHANGED IT. BUT BUT I I AGREE.
THERE'S BEEN TIMES THERE BEEN QUESTIONS IN THE PAST.
I DON'T I DON'T HAVE THOSE QUESTIONS ARE FELIX TODAY AND STAFF HAS NOT REPRESENTED KNOW ANY OF THOSE FEELINGS TO ME EITHER.
SO I'M PRETTY CONFIDENT IN BOTH PROJECTS.
AND I THINK THEY'RE BOTH THEY BOTH HAVE MERIT.
BUT I DO LOOK AT THE ADLEN PROJECT AND I DO SEE THAT THERE'S APPROXIMATELY SIX TIMES THE INVESTMENT IS A LITTLE BIT LONGER.
DUE DILIGENCE. YES, BUT THERE'S MORE COMING OUT OF THAT SORTS TAXABLE VALUE FOR CITY.
AND I JUST THINK THAT IT'S GOING TO TO BE A BETTER ANCHOR FOR THAT AREA.
SO HOPEFULLY WE CAN DEVELOP MORE PLACES AROUND THERE, INCLUDING THOSE THOSE SITES THAT WE TALKED ABOUT, BECAUSE I THINK IT'D BE A GREAT PROJECT DOWN AT CELEBRATION SQUARE.
IT'S PROBABLY TO CLOSE IF THEY BUILD ONE.
NO, MAYBE TOO CLOSE FOR BOTH THE SAME THING.
BUT FURTHER DEVELOPMENT OF THIS CHARACTER WOULD BE GREAT DOWN THERE AT THE CORNER OF PORT MALABAR. AND AND YOU SEE ONE JUST DOWN THE STREET.
SO BUT ANYHOW, SO I DO AGREE WITH THAT COMMENT.
I THINK THERE'S OTHER GREAT SPOTS AND WE WANT YOU GUYS TO BUILD HERE, THAT'S FOR SURE.
BUT MY MY TENDENCY, I THINK THAT WE INITIATED PROCESSES.
THIS BOARD GAVE SOME APPROVAL.
IT WASN'T FINAL APPROVAL, BUT WE WE SHOWED INITIAL SUPPORT TO TRY TO CHANGE SOME OF THE REGULATIONS TO OPEN UP FOR MORE DEVELOPMENT OF THIS TYPE.
AND WE HAVE ADLEN, WHO HAS CAME FORWARD AND PUT A PROPOSAL TOGETHER THAT'S IN GOOD FAITH WITH THAT. NOW, AGAIN, IT'S CONTINGENT ON US DOING THAT.
RIGHT. THE COUNCIL DECIDES THAT WE DON'T WANT TO DO THE NO CHANGE IN ANY OF THE REGULATIONS ARE NOT CHANGING IN A WAY THAT'S FAVORABLE FOR THIS PROJECT.
IT'S A DECISION YOU CAN STILL BE MADE ON OUR END.
BUT WE DID START THAT PROJECT WITH INTENT AND SO.
WHILE I LOVE I HEAR WHAT MR. MCGARRY SAID, I CALLED MR. MAZOE, WE'VE WE'VE HEARD FROM THE WALTONS AND OTHER FOLKS PREVIOUSLY.
I UNDERSTAND WHERE THEY'RE COMING FROM, BUT I REALLY THINK THAT THE AMENITIES THAT WILL BE OFFERED BY ADLEN WOULD BE APPRECIATED BY A LOT OF PEOPLE IN THE COMMUNITY.
AND SO WELL, SO WITH THE SPACE COAST MARINES, I THINK BOTH PROJECTS, BOTH PROJECTS WILL BE A ADDITIONS TO THE COMMUNITY THAT THAT'S BE POSITIVE.
I WHICH I HAVE LOVED THIS TIME BECAUSE THERE'S JUST A LOT MORE POTENTIAL INVESTMENT THAT'S COMING ALONG WITH IT.
SO IT'S KIND OF I MEAN, YOU KNOW, I DON'T THINK WE CAN GO WRONG HERE, BUT THAT'S WHERE I LEAN. I APPRECIATE THAT.
JUST TO MAKE MYSELF CLEAR, MY POSITION IS THAT I REALLY SUPPORT.
THAT ENTIRE AREA, AND I ALSO SUPPORT THE AVALON PROPOSAL.
NOW, THE LAST TIME THEY CAME BEFORE US AND I DO HAVE THE SAME HANGUP WHEN WHEN I HEARD EXTENDED STAY, THAT DIDN'T SIT RIGHT IN MY HEART.
AND I'M BEING TOTALLY TRANSPARENT.
I WAS IN FULL AGREEMENT AND I ALMOST CAME OUT WITH IT WHEN YOU WERE SPEAKING, BECAUSE THE EXPERIENCES THAT I'VE WITNESSED THROUGHOUT THIS COMMUNITY OR NOT LOCALLY, BUT THROUGHOUT COMMUNITIES THAT I'VE THAT I'VE WITNESSED EXTENDED STAYS, LEAVES A BAD TASTE IN YOUR MOUTH, SO TO SPEAK.
AND AND WHAT WE'RE TRYING TO DO IN THAT AREA IS BUILD IN ANCHORS AS AS COMMISSIONER BAILEY MENTIONED, CREATE THAT TYPE OF ATMOSPHERE WHERE OTHER BUSINESSES NOW, IF I REMEMBER CORRECTLY, THE MARINA WOULD BE INTACT UNDER THE AVALON PROPOSAL AS WELL.
THE COMMERCIAL COMPONENT TO THAT AND BUILDING AN AREA WHERE FOLKS CAN STILL GATHERED.
THERE WAS PUBLIC ACCESS THAT WAS MENTIONED IN IN THAT PROPOSAL, WHICH WAS REALLY CRITICAL AND IMPORTANT TO ME WAS THE GATHERING OPPORTUNITIES THAT FOLKS CAN STILL ENJOY THE WATERFRONT OPPORTUNITIES OUT THERE.
IT'S NOT ONLY JUST THE COMMERCIAL BASE, BUT THEY SAID, LISTEN, WELL, WE UNDERSTAND THERE'S TWO POINT TWO MILLION DOLLARS THAT IT'S BEEN APPRAISED, THAT, YOU KNOW, IT'S WORTH ONE POINT EIGHT.
BUT FOR THE NUMBERS TO FIT FOR US, WE'LL GO ONE POINT NINE.
SO I THOUGHT THAT WAS ANOTHER ADDED OPPORTUNITY TO BUILD THE RELATIONSHIP MOVING FORWARD
[02:50:06]
AND INVESTING IN OUR COMMUNITY.I AM IN SUPPORT OF THE AVALON, I THINK, AT THIS POINT.
WHERE YOU'D LIKE TO SEE THAT AREA.
DEVELOP WITHIN THE NEXT FIVE, 10, 15 YEARS.
THAT IS SOMETHING NOW MY COLLEAGUE MENTIONED THE THE TYPE OF HOTEL, THE LEVEL AND TO TO REALLY MAINTAIN THAT HOTEL NAME, THERE'S INSPECTIONS THAT HAVE TO ENSUE.
AND I KNOW MY COLLEAGUE WAS IN THAT BUSINESS, BUT I'M AWARE TO TEND TO CONTINUE THE HILTON NAME, TO CONTINUE THE MARRIOTT NAME.
THERE'S SEVERAL CRITERIA THAT HAVE TO BE MET.
I MAINTAIN THAT THAT CORRIDOR OR THAT THAT NAME BRAND.
SO I'D LOVE TO SEE THAT WHOLE COMMERCIAL CORRIDOR ALONG WITH THE MARINA AND THAT GATHERING FOR THE COMMUNITY TO REALLY ENSUE.
AND I DO AGREE WITH COMMISSIONER BAILEY.
AN OPPORTUNITY FOR THEM TO COME BACK AND AND WE WERE REALLY MOTIVATED AND ENCOURAGED BY IT. THE ONLY THING THAT REALLY KIND OF LIKE IN THE BALLOON, IF YOU WILL, WAS THE EXTENDED STAY HERE. AND I SO I UNDERSTAND THAT.
I LOVE FOR IT TO JUST BE THAT HILTON.
I'D LOVE FOR IT TO MOVE FORWARD IN THAT REGARD.
SO THAT'S WHERE I'M AT. I AM SUPPORTIVE OF THE AVALON.
I JOIN MY OTHER COLLEAGUES AND AND MAYBE PERHAPS, YOU KNOW, IT'S IT'S ONE POINT NINE MILLION. WE COULD MAKE THAT PART OF THE MOTION.
AND AND PERHAPS WE COULD ALSO INCLUDE THAT THAT EXTENDED STAY CONNOTATION BE REMOVED FROM IT MOVING FORWARD.
BUT THAT'S WHERE THAT'S WHERE I'M AT.
IF, YOU KNOW, IF THIS BOARD IF THIS COMMISSION WOULD WOULD AGREE TO THAT, CAN IT ALSO THE MOTION BE ADDED THAT, YOU KNOW, THEY WILL PURSUE NECESSARILY A TYPE OF RESTAURANT AT AS FRIGGED? WELL, YES, SOME SIMILAR TO THAT TO THE LEVEL OF SERVICE AND THE WHOLE MORE OF A DESTINATION, YOU KNOW, KIND OF FILM.
I'LL BE THAT COMMISSIONER PARR HAD A COMMENT, AS YOU KNOW, I JUST WANTED TO AND AND VICE CHAIRMAN. I JUST WANTED TO ADD ME GOING FORWARD.
YES, THE EXTENDED STAY WAS A FOR ME.
THE OTHER BIGGEST POINT FOR ME IS THE UNKNOWN THAT WE HAVE TO WAIT AND FIND OUT ABOUT.
I DON'T LIKE THAT. AND AS MR. BAILEY HAS NOTED, I GUESS HE'S GIVEN ME THE TITLE OF REAL ESTATE EXPERT UP HERE.
I WOULD NEVER LET SOMEONE GO INTO A CONTRACT WITH AN UNKNOWN LIKE THAT EVER.
I WOULD NEVER ALLOW MY BUYER TO DO THAT.
THAT'S WHY I DO THOSE INSPECTIONS, OBVIOUSLY, AND YOU HAVE YOUR DUE DILIGENCE.
BUT IN THIS SITUATION, I WOULDN'T DO THAT.
AND FOR THAT REASON, SIMPLY, I WOULD LIKE TO MAKE THE MOTION TO MOVE FORWARD WITH THE OFFER, ACCEPTING THE OFFER FROM SPACE COAST MARINAS AND ALLOW STAFF TO BRING FORTH FINAL PURCHASE CONTRACTS NEXT REGULAR SCHEDULED CITY COUNCIL MEETING.
SO I CAN. I HAVE A MOTION AND A SECOND ANY FURTHER DISCUSSION? YES, UP CHAIR, GOT TO GET OUT OF IT.
SO, COMMISSIONER BAILEY, WHEN YOU'RE REFERRING TO ADELINE'S CAPITAL INVESTMENT, ABOUT SIXTY THREE POINT FIVE.
IS THAT WHAT YOU'RE REFERRING TO? YES, THEIR ESTIMATE IS SIXTY THREE AND A HALF.
OK, YEAH, BECAUSE THAT'S THAT WAS ONE THING THAT WAS A THUMBS UP FOR ME.
BUT THEN ALSO ON THE OTHER SIDE OF IT IN I'LL MRS BROWN CAN ELABORATE IF SHE WANTS TO AND WE'VE HEARD ABOUT IT LAST COUNCIL MEETING WITH A MEMBER FROM THE PUBLIC CAME UP AND SPOKE WHEN I'M LOOKING AT THE MULTIFAMILY OF IT AND HOW MUCH THAT'S GOING TO BE USING UP SERVICES WITHIN THE CITY.
YES, WE'RE GETTING A LOT, BUT WE'RE ALSO GOING TO BE PUSHING OUT A LOT AS WELL.
SO THAT'S WHY I'M LIKE I'M LOOKING AT SPACE COAST MARINE.
I DON'T SEE THAT USING MUCH AS MUCH SERVICE AS ADELONG.
SO, YES, THE INITIAL CAPITAL INVESTMENT LOOKS THAT NUMBER, WHICH IS A BEAUTIFUL NUMBER, LOOKS GREAT. BUT I'M LOOKING AT HOW MUCH MORE IT WILL DRAW FROM THE CITY IN REGARDS TO SERVICES, ITS MISSION MISSION BAILEY.
YEAH, JUST JUST QUICKLY, I JUST WANT TO GIVE KUDOS.
I TELL YOU. THEN LISTEN TO ME, BECAUSE THAT'S AS I'VE ALREADY THOUGHT THAT I THOUGHT THAT THROUGH TO TRY AND DO THOSE CALCULATIONS.
BECAUSE YOU KNOW HOW I THINK THAT'S EXACTLY HOW I THINK.
[02:55:03]
AND I AND I WAS THINKING THOSE THROUGH EARLIER.I DON'T KNOW WHAT THOSE EXACT FIGURES LOOK LIKE, BUT I DO KNOW THERE'S A BETTER MIX THERE THAN THERE IS ON THE NORTH SHORE PROJECT.
AND THEN, WELL, ALL THE PROJECTS DOWN AROUND COLLIN BOULEVARD, THIS IS BETTER THAN ALL THOSE. AND SO I DO KNOW THAT THE MIX NOW AT LEAST IS PROPOSED TO BE BETTER, I THINK HAS THE POTENTIAL TO BE BETTER. BUT I THINK THAT'S A FAIR POINT, BECAUSE I DID CONSIDER THAT.
THAT'S WHY I MEAN, I'VE BEEN UP HERE.
I MEAN, I REALLY DO LIKE BOTH PROJECTS.
AND THAT WAS ONE THING THAT MADE IT A LOT MORE COMPETITIVE.
WAS THE VISION TO YOUR RIGHT, MORE MULTIFAMILY MEANS MORE.
IT'S NOT JUST WHAT'S COMING, IT'S WHAT'S COMING OUT, BUT IT DOES.
BUT I DO LIKE THE FACT THAT THEY ARE, AGAIN, FOR TRYING TO BUILD THE ANCHOR DOWN THERE.
THERE'S SOME SYNERGY THERE, BUT I'M NOT GOING TO ARGUE WITH YOU THAT YOU'RE RIGHT.
I'M NOT ABOUT TRYING TO SUBSIDIZE MORE MULTIFAMILY, ALTHOUGH I DO THINK THAT THIS MULTIFAMILY PROBABLY BE A LITTLE BIT A LITTLE BIT HIGHER MARKET RENT THAN SOME OF THE OTHER ONES THAT WE JUST PUT UP RECENTLY.
SO I DO THINK THERE'S SOME POSITIVES THERE, BUT I GUESS I COULD ALMOST GO THE OTHER WAY.
AND THAT'S ONE OF THE REASONS WHY.
BUT I'M GLAD THAT YOU THOUGHT ABOUT THAT AND SET IT UP.
AND THAT'S THE THING. LIKE TO ME, EITHER ONE IS A WIN, BUT I'M JUST LOOKING.
NOW I'M ON SPACE COAST MARINA HARD, YOU KNOW.
BUT EITHER ONE WOULD BE A WIN, I THINK.
BUT JUST. YEAH, I'M I'M STUCK ON THE MARINA.
I'LL BE THE ANSWER. IT IS A GREAT OPPORTUNITY.
THIS IS A GREAT POSITION THAT WE WERE IN.
WE ANY FURTHER DISCUSSION IN THIS AREA.
AND I WANTED TO SAY I HEARD VICE CHAIR JOHNSON, BUT OVERALL, IN TERMS OF ALL RETURN ON INVESTMENT.
I MEAN. I WAS IN BANKING FOR A WHILE WITHOUT EVEN WILL LOOKED AND TAKE A LOOK, A HARD LOOK INTO IT, I THINK THIS PROJECT WILL BRING MORE YEARS.
YEAH, WE WOULD HAVE TO PROVIDE MORE SERVICE.
AND IN MINING, IT'S MULTIFAMILY.
THOSE ON THAT SINGLE FAMILY THAT REQUIRED A LOT MORE SERVICES.
WE'RE TALKING ABOUT POTENTIALLY A BUILDING OR TWO OR WHATNOT.
IT'S NOT THE SAME AS LOOKING AT, YOU KNOW, PER HEAD PER CAPITA, THE AMOUNT OF SERVICES, ALL PUBLIC SERVICES THAT WOULD REQUIRED TO ME BY FAR.
THIS WOULD RETURN IT'S A MUCH, MUCH BETTER INVESTMENT FOR THE CITY, CONSIDERING THE TIME WE'RE NOT A CITY, WE'RE A CITY OF 120000 PEOPLE AND INGROWING, WE'RE GROWING VERY FAST.
TO ME, THIS WOULD BRING A SERVICE IN TERMS OF OUR HOSPITALITY WILL INCREASE IT.
AND THE AREA IS TO ME, IT'S A GREAT AREA.
AND I'M DEFINITELY I MEAN, THAT'S ALL I'M GOING TO SAY.
THANK YOU, COMMISSIONER FELIX ANY FURTHER.
WELL, WE HAPPEN TO HAVE ANY NUMBERS TO KIND OF REFLECT ON WHAT THAT LOOKS LIKE REGARDING.
NOT REFERRING TO POLICE AND FIRE SERVICES.
I APOLOGIZE, I DON'T HAVE THAT ON ME AND I DON'T KNOW IF SUZANNE.
SO WE KNOW SOME COMMISSIONER BAILEY, YEAH, AND I THINK IT'S A VALID POINT, AND THAT'S ONE OF THE THINGS USUALLY I COME IN HAVING CRUNCHED THOSE NUMBERS, I DON'T HAVE THOSE NUMBERS CRUNCH TONIGHT. BUT I THINK THE CLARITY ON IT, THOUGH, IS THAT THERE'S NO GUARANTEE OF HOW MUCH, HOW MUCH, HOW MANY APARTMENT UNITS ARE GOING TO HAVE.
CORRECT. THERE'S NOT REALLY A GUARANTEE.
THIS IS NOT LIKE THE INCENTIVE AGREEMENT WHERE.
I MEAN, THERE ARE THINGS THAT THEY'RE AGREEING TO, BUT THAT'S NOT ONE OF THEM, IS HOW MUCH YOU'RE PUTTING IN THERE AS FAR AS THE HOTEL, THE RETAIL COMMERCIAL.
SO. I KNOW IT DOES IT DOES MAKE ME NERVOUS THAT THERE'S A LITTLE BIT OF A SHOT IN THE DARK, I HAVE I HAVE GOOD FAITH IN THESE THESE GENTLEMEN.
I REALLY THINK THAT THEY ARE THEY'RE GOING TO DO IT, DO WHAT THEY SAID, OR AT LEAST CLOSE TO AS POSSIBLE. OH, NO.
SO YOU YOU HIT BECAUSE I'M GOING TO BAILEY YOU HIT THE NAIL ON THE HEAD, YOU LOOK AT THE PROJECTS THAT HAVE TO LOOK AT THE REPUTATION THAT THEY'VE GARNERED THROUGHOUT OUR COMMUNITY, SO THAT THAT DEFINITELY WEIGHS INTO IT.
I JUST I GUESS SIMPLY REPLY TO THAT.
I MEAN. AGAIN, I'M GOING TO REITERATE THE UNKNOWN.
WE DON'T KNOW WHAT THE DUE DILIGENCE PERIOD WITH THE ARE THEY ABLE TO ACQUIRE PROPERTIES? IS IT ONLY THE ONE HUNDRED AND THIRTY SOMETHING LESS UNITS THAT WE'RE TALKING ABOUT, OR ARE THEY GOING TO LOOK AT MAYBE SOMETHING ELSE OF THE PROJECT PLAN THAT ATTRACTED US TO IT? IS THAT GOING TO BE COMPROMISED? WE DON'T KNOW. WITH THE OTHER WE KNOW EXACTLY WHAT WE'RE GOING TO GET AND WE KNOW WE'RE ALSO OBLIGING THE WISHES OF THAT LOCAL COMMUNITY.
I MEAN, TO ME, THAT'S ALSO THERE IS A LOT OF VALUE THERE THAT LOCAL COMMUNITY IS WISHING NOT TO HAVE. AND I'M ALSO GOING TO SAY.
[03:00:02]
I'M NOT SAYING I DON'T WANT THEM TO BUILD A HOTEL HERE.EVEN COMMISSIONER BAILEY NOTED OTHER AREAS THAT WE COULD LOOK AT, YOU KNOW, PUTTING THAT HOTEL, WE STILL I AGREE WITH COMMISSIONER FELIX THAT WE NEEDED HOTELS IN PALM BAY.
I'M JUST NOT LIKING THE UNKNOWNS THERE.
AND I CAN'T I WOULDN'T DO THAT, SIR.
POINT TAKEN. AND THERE'S UNKNOWNS IN EVERYTHING AND IN EVERYTHING WE'RE DEALING WITH.
THERE'S UNKNOWN. LET'S SO NOW THE UNKNOWN IS HOW IT CAN BE DEVELOPED.
AND IF IT IS DEVELOP, THE UNKNOWN IS WHAT'S COMING AFTER.
WHAT I CAN TELL I CAN TELL YOU THAT YOU BUILD SOMETHING LIKE THAT AND IT'S COMING.
OF FOSTER TODAY, THANK YOU, CHAIRMAN, AND I AGREE WITH YOU, BILL, THAT THEY'RE GOING TO COME. BUT ONCE AGAIN, YOU KNOW, I'M.
I'M KIND OF LOOKING AT WELL, I'M IN FAVOR OF SPACE COAST, MARINA AVALON, IT DID A GREAT JOB IN PALM BAY AND I APPRECIATE WHAT THEY DID.
AND I REALLY WANT THEM TO CONSIDER US.
AND I KNOW I'M SAYING THAT, BUT I'M ALSO SAYING THAT I WANT THAT MARINA TO LOOK LIKE A MARINA. AND I THINK SPACE COAST MARINA WILL WELL DO IT.
DO JUSTICE, AND WE GOT A LOT OF BOATS DRIVE AROUND THIS, THIS THIS COUNTY AND GO GO ON.
AND GO OUT AND SEE THE WATER, I MEAN, YOU GOT PEOPLE, THEY GOT THEIR BOATS, I VISION THAT PEOPLE WILL DRIVE UP, THEY WILL BRING THEIR BOATS UP TO THAT MARINA DOCKET AND COME HAVE A GREAT MEAL OF ENTERTAINMENT.
AND THAT THAT'S A PERSPECTIVE THAT.
I DON'T THINK FOR THE BOATING COMMUNITY.
ARE WE A BOATING COMMUNITY? I THINK SO. I THINK SO, AND I THINK I SEE A LOT OF BOATS AND A LOT OF YARDS AND I'M DRIVING ON THE ROADS, I SEE A LOT OF BOATS PASS ME ON THE HIGHWAY.
AND I YOU KNOW, THE TWO DAYS AGO I WAS IN TAMPA BAY, BEAUTIFUL BOATING COMMUNITY.
A LOT OF PEOPLE IN THE BAY, ON THE BOATS, ON ON A ON A WEEK WEEKDAY.
AND AND IT JUST IT WAS A BEAUTIFUL SIGHT.
WE DON'T HAVE THAT IN PALM BAY.
AND I THINK SPACE COAST MARINA MARINIKA CREATE SOMETHING SIMILAR TO THAT TO ATTRACT PEOPLE AND GROW BUSINESS IN THAT AREA.
I'M I ENVISION THAT BUSINESS WILL GROW, A TYPE OF BUSINESS WILL GROW IN THAT AREA, THAT BOATING COMMUNITY, AND WE'LL DO A WATERFRONT JUSTICE.
WE DO IT JUSTICE, NOT JUST COMMERCIAL, BUT TO ATTRACT THAT COMMUNITY, PEOPLE WHO LIVE ON BOATS WHO. GO FROM HERE TO MIAMI ON A BOAT OR PEOPLE WHO LIVED IN PEVAR COUNTY WANTS TO TAKE THE BOAT OUT ON THE WATER TO COME VISIT PALM BAY AND HAVE A GREAT RESTAURANT AT A QIQI BAR OR GO TO THE AMPITHEATER AND SEE SOME ENTERTAINMENT.
SO IT'S A HARD CHOICE FOR ME BECAUSE I LIKE AVALON AND I EVEN THOUGH I VOTED AGAINST HIM THE LAST TIME BECAUSE OF THE HEIGHT AND I LIKE WHAT THEY I BELIEVE IN HIM, I THINK THEY COULD DO A GREAT JOB AT THE GIVEN OPPORTUNITY, BUT I DON'T THINK THAT'S THE VISION FOR THAT WATERFRONT. THAT'S ALL I HAVE TO SAY.
THANK YOU, COMMISSIONER FOSTER.
WE HAVE EMOTION, BUT BUT BEFORE WE WE'RE GOING TO PUT THIS TO A VOTE AND WE'RE GOING TO DO A ROLL CALL VOTE, BUT AT THE SAME TIME, I JUST WANTED TO SAY AND SHARE ONE THING THAT THE MARINA COMPONENT TO AVALON'S WAS THERE, THE BOATS COMING IN, IT WAS THERE.
ALL OF THAT IS PART OF THE AVALON FOR OUR CLIENTELE, PUBLIC ACCESS.
ALL OF THAT WAS PART OF THAT DEAL.
SO I JUST WANT TO MAKE THAT PERFECTLY CLEAR THAT ALL OF THAT WAS PART OF THEIR PROPOSAL.
SO THERE'S A MOTION BY COMMISSIONER PARR, SECONDED BY VICE CHAIR JOHNSON ALL IN FAVOR.
I ALL OPPOSE A ROLL CALL AS DANIELLE.
CHAIRPERSON MARIE MEDINA NAYE, VICE CHAIRPERSON JOHNSON I, MISSIONER FELIX NHÉ, COMMISSIONER BAILEY, MISSIONER FOSTER.
I MISSIONER PARR, I KNOW WE HAVE A THREE THREE TIE AND WE HAVE A FIVE MINUTE RECESS.
YES, LET'S LET'S BREAK FOR FIVE MINUTES.
THEN I CALL THIS MEETING BACK TO ORDER.
WE'RE STILL AT THIS POINT, COMMISSIONER.
[03:05:03]
COMMISSIONER BAILEY. THANK YOU, CHAIRMAN.I DID WANT IF WE HAVE ONE CHANCE, IF YOU ALLOW US CHAIR, I DON'T WANT TO GET ONE POINT OF CLARIFICATION WHILE TALKING WITH OUR OUR OUR CITY MANAGER, DEPUTY MANAGER AND CITY ATTORNEY HERE. WHEN ONE ITEM OF NOTE THAT I THINK SHOULD HAVE BEEN BROUGHT UP WHEN WE'RE HAVING OUR DISCUSSIONS WAS THAT IN THE ONE IN THE CONTRACT FOR SPACE COAST MARINAS, THERE IS AN AFFIRMATIVE COMMITMENT TO CONSTRUCTING AND MAINTAINING THE BOARDWALK IN FRONT OF THERE IN THE DOCKS.
THERE IS NOT THAT SAME AFFIRMATION.
AND ADELINE'S PROJECT, WHICH IS OBVIOUSLY A SIGNIFICANT PORTION OF THIS, AT LEAST, HAS BEEN A SIGNIFICANT TALKING POINT FOR SIERRA.
SO I WANT TO DO IS GIVE OPPORTUNITY TO SAY, WAS THAT SOMETHING THAT ALLEN DID NOT WANT TO AGREE TO, TO AGREE TO, OR IS IT JUST SOMETHING IT WAS JUST KIND OF JUST A SUM THAT WAS JUST NO MISSED.
YOU KNOW, THAT'S A GOOD QUESTION.
WHY DON'T WE CALL THEM UP TO TO FIND THAT OUT? WOULD YOU PLEASE STEP FORWARD AND COMMISSIONER BAILEY ASK THE QUESTION DIRECT TO COMMISSIONER, BUT CAN YOU REPEAT THE QUESTION? YEAH. SO LOOKING AT THE ADDITIONAL TERMS AND THE CONTRACT FOR SPACE COAST, MORENAS, ONE OF THEIR TERMS SAYS THAT TERM SEVEN SAYS BUYER AGREES TO CONSTRUCT AND MAINTAIN A PEDESTRIAN BOARDWALK WITH PUBLIC ACCESS THROUGH A CITY EASEMENT IN PERPETUITY ON A SECTION OF THIS VACANT LAND THAT EXTENDS THE LENGTH OF THE PROPERTY ADJACENT TO THE FLORIDA EAST COAST RAILWAY RAILWAY.
OK, CAN YOU OK. WE DIDN'T KNOW ABOUT THAT, AND THAT'S WHY I WANT TO MAKE SURE I GAVE YOU GUYS OPPORTUNITY.
NO, WE DIDN'T KNOW THAT. SO CAN YOU JUST TALK TO YOUR STAFF? YEAH. SO THIS IS WHAT WE DISCUSSED AT THE VERY BEGINNING, WHICH IS THE CITY'S INTENT TO HAVE THIS MAINTAIN AS MAINTAIN PUBLIC ACCESS ALONG THE WATER AND THAT BEING THE CONSTRUCTION OF A BOARDWALK THAT THE CITY WOULD HAVE AN EASEMENT OVER IN PERPETUITY.
SO LIFE BASED, WHAT HE'S SAYING IS SPACE COAST MARINAS HAS OFFERED TO CONSTRUCT AND MAINTAIN IT AND GIVE THE CITY ACCESS AND EASEMENT IN PERPETUITY.
AND HE'S ASKING IF ADELONG WOULD DO THE SAME.
WHERE IS IT EXACTLY LOOK? CAN YOU SHOW IT HAD TO BE CONSTRUCTED, BUT I ALLOWED JOAN TO GIVE YOU A A CONNECTION THAT WE DIDN'T WE DON'T WE DIDN'T HAD A CHANCE TO ACTUALLY KNOW ABOUT THAT OR ANSWER IT AT THE TIME IS IT'S ONE OF THOSE THINGS, I'LL BE HONEST WITH YOU, WAS NOT MY IT WASN'T MY THING.
I THINK THE BOARD AS A WHOLE AND THE COMMUNITY AROUND THEM WAS REALLY IMPORTANT TO HAVE THAT PUBLIC ACCESS. SO HAVING THEM SO ESSENTIALLY IT'S CONNECTING THE PARK THAT'S TO THE NORTH, UNDER THE BRIDGE, UNDERNEATH DOWN TO THE RAILWAY, BECAUSE, YOU KNOW, WE HAVE THE PARK ALSO ON THE SOUTH SIDE OR SO HERE'S THE SIDEWALK ON THE NORTH SIDE AND IT CONNECTS ALL THE WAY UP THE PROPERTY AND IT STOPS HERE.
AND WHAT THE CITY AND ZERAY HAS CONSISTENTLY STATED THAT THEY WANT IS A BOARDWALK CONSTRUCTED FOR THE LENGTH OF THE PROPERTY ALL THE WAY DOWN AND AT SOME POINT OR WORKING ON NEGOTIATIONS, CONNECTING IT CONNECTED.
YEAH, YEAH. IT'S NO PROBLEM WINNING.
SO THAT'S WHY WE DIDN'T PUT IT IN THE CONTRACT THAT WE AGREED WITH AND THAT I WAS JUST SHARING. IT WAS PROBABLY A BREAKDOWN BETWEEN WHAT I PROVIDED TO THE BROKER AND WHAT I WAS A MESS. YEAH, IT WAS A MESS.
IT WAS A MISCOMMUNICATION HORRIBLY.
BUT YOU UNDERSTAND SO SO THE AGREEMENT TO CONSTRUCT AND MAINTAIN THAT, THAT'S A FINE, OF COURSE. NO, I MEAN, PROBABLY YOU WANTED SOMETHING.
AND THERE WE'RE ACTUALLY DOING A REALLY LARGE LIKE IN FRONT OF THE MULTIFAMILY.
THERE'S SOME IT'S NOT A SMALL ONE.
IT'S A REALLY LARGE LIKE DOCK AND BOARDWALK.
AND THE ANSWER IS YES, WE DIDN'T MAKE IT MAKE THIS ANY EASIER FOR.
THANK YOU. YEAH. YOU DIDN'T DO THAT.
SORRY ABOUT THAT. BUT WE DIDN'T KNOW IT WAS THERE WAS A MESS WITH THE BROKER AND HE DIDN'T SEND US TO REAL INFORMATION AND WHATEVER.
OK, SO THAT TERM WILL BE CAN BE DUPLICATED, OF COURSE.
MR. CHAIR, COMMISSIONER PARR, I WOULD LIKE TO ASK I HAD A CONVERSATION WITH OUR CITY ATTORNEY, PATRICIA SMITH, IF SHE COULD COME AND ALLUDE TO SOME TIMELINE ISSUES THAT COULD BE PRESENT AS WE GO FORWARD.
CAN YOU TELL US ABOUT THAT? WE HAVE OUR CITY ATTORNEY COMING FOR.
YES, COMMISSIONER PARR DID TOUCH ON SOME TIMELINE ISSUES SPECIFICALLY, THERE IS AN ADDITIONAL TERM TO REGARDING THE REZONING APPROVAL.
I KNOW THAT THERE WAS SOME TALK AS FAR AS YOU KNOW, IF THE CITY DID APPROVE, IT HAD TO GO TO THE LAND USE, OF COURSE, TO COUNCIL MEETINGS FOR APPROVAL.
[03:10:02]
THERE'S ALSO A PROVISION IN HERE THAT SAYS THAT.ESSENTIALLY, THEY NEED A NON APPEALABLE REZONING APPROVAL.
SO LISTEN. OR IN THE OF THE RIGHT OF PALM BAY, OR THEY CAN EXTEND AND THEY CAN EXTEND IT FOR TWO PERIODS OF 30 DAYS.
FOR THOSE OF YOU THAT HAVE BEEN HERE, THE ONLY METAL OR ISMAILOV TO PROBABLY KNOW THAT IF SOMEONE CHALLENGES A REZONING.
YOU CAN EXTEND IT FOR TWO PERIODS OF 30 DAYS.
IT WON'T EVEN BE COMPLETELY BRIEFED IN THAT PERIOD OF TIME FOR THE CERT PETITION, AND THAT HAS NOTHING TO DO WITH THE DE NOVO PROVISION.
SO THERE IS THE IF IT GETS APPROVED BY COUNCIL AND IF IT IS CHALLENGED, BECAUSE IF IT IS CHALLENGED UNDER THIS LANGUAGE, YOU KNOW, THEY MAY NOT EXERCISE THAT RIGHT.
BUT THEY CERTAINLY WOULD HAVE THE RIGHT TO WALK AWAY BECAUSE THERE IS NO WAY YOU'RE GOING TO GET A CHALLENGE TO A REZONING RESOLVED IN 60 DAYS.
NOT SAYING ANYBODY WILL, BUT IT JUST IS NOT FEASIBLE.
MPLE. MISSIONARY, THANK YOU, JACK.
SO WHAT THAT JUST MEANS IS THAT WOULD BE A IF THAT HAPPENED, THEN IT COULD AFFECT THE AGREEMENT. AND THEY COULD WALK AWAY AND THEY COULD WALK AWAY AFTER THE CLOSING DATE, WHICH POINT WE WOULD HAVE 300 KNOW, NO, THAT WAS THE PILL.
IS IT POSSIBLE THAT THE PILL COULD BE AFTER.
NO. NOW? WE'VE GOT THE LANGUAGE AS FAR AS ALL ON THE LAST DAY OF THE DUE DILIGENCE PERIOD, SO THEY'RE CONTEMPLATING THIS BEING WITHIN THEIR DUE DILIGENCE PERIOD.
FIRE HAS NOT OBTAINED FINAL, NOT APPEALABLE REZONING APPROVAL.
THEN BUYERS SHALL HAVE THE RIGHT OF PARR WRITTEN NOTICE TO SELLER TO STANDARD THE DUE DILIGENCE HERE FOR TWO PERIODS OF 30 DAYS EACH, PROVIDED THE BUYER HAS BEEN DILIGENT WORKING TOWARD OBTAINING THE REZONING APPROVAL.
SO THIS IS WITHIN THE DUE DILIGENCE PERIOD THAT THEY WILL EXTEND A COUPLE OF TIMES.
UP TO 60 DAYS, BUT IF THERE WERE A PILL, IT WOULD BE INSUFFICIENT TO GIVE THEM AN UNAPPEALABLE ORDER, NOT WITHIN 60 DAYS.
SO THEY JUST HAVE TO MAKE A DECISION WHETHER TO CLOSE OR NOT CLOSE WITH THE PILL AND THEN.
YES. AND THEY WOULD THEIR ALL THEIR MONEY WOULD BE 100 PERCENT PROTECTED DURING ANY OF THAT TIME FRAME. RIGHT. THIS IS DURING THE DUE DILIGENCE HEARING.
YEAH, IS THAT ALL YOUR QUESTIONS? DEFINITELY, I WAS WANTING TO POINT OUT ANY FURTHER DISCUSSION, WE'RE STILL AT WHAT APPEARS. IS THERE ANOTHER MOTION THAT YOU WANT TO ENTERTAIN, MAY, OR CAN WE ASK ADLEN IF THEY CAN ADDRESS THAT CONCERN, ADDERSON, THAT TERM OF THE CONTRACT? LUNGE, STEP FORWARD, AND I JUST DON'T WANT THERE TO BE A MISCOMMUNICATION.
NOW WE'RE LOOKING INTO DIFFERENT TERMS, BUT GO AHEAD.
YEAH, WELL, I JUST JUST THAT WHAT MAKE SURE YOU GUYS UNDERSTOOD WHAT THE CITY ATTORNEY WAS REFERRING TO AND WHAT YOUR GUYS WHAT YOUR THOUGHTS ARE ON THAT.
YEAH, I HAVE A QUESTION IF I UNDERSTOOD.
WELL, SO LET'S SUPPOSE THAT WITHIN THE DUE DILIGENCE WE GO THROUGH REZONING AND IT IS APPROVED IN SOMEBODY ELSE.
CALL INTO THE. AND THAT WOULD PUT US ALL IN THE GOVERNMENT.
WE'VE HAD THIS HAPPEN RECENTLY BETWEEN TWO PROPERTY OWNERS ON US, ONE ON COLLUM BOULEVARD AND ACROSS THE STREET FROM WHERE THE NORTHSHORE PROJECT IS.
IT WAS TIMELY. SO THERE IS SOMETHING TO BE CONSIDERED.
I THINK THEY WOULD HAVE TO BE THEY WOULD STILL HAVE TO HAVE CERTAIN TERMS IN ORDER TO HAVE STANDING BEFORE TO DO THE BILL.
BUT I LET'S SEE ATTORNEY SPEAK TO THAT IF YOU HAVE ANY MORE QUESTIONS.
HELLO. ADAM SMITH, YOU WANT TO STOP FOR FIVE SECONDS? YEAH. ADAM SMITH, YOU WANT TO STEP IN? THEY HAVE TO BE AGGRIEVED OR WAS IT AGGRIEVED OR.
ADVERSELY AFFECTED PARTY IN ORDER TO HAVE THAT THE STANDING OR WHO HAS STANDING TO MAKE THAT BILL? THAT'S CORRECT, AS FAR AS YOU KNOW, TO ULTIMATELY HAVE STANDING.
BUT, OF COURSE, IT WOULD TAKE A TIME PERIOD FOR A COURT TO FOR IT FOR ME TO BRIEF AND ARGUE THAT THEY DIDN'T HAVE STANDING BEFORE A JUDGE TO OUR PANEL TO AGREE THAT THAT WAS INDEED THE CASE, WHICH WOULD TAKE MORE THAN 60 DAYS.
YOU HAVE TO REALIZE THEY HAVE 30 DAYS TO APPEAL SO IT WON'T BE FULLY EVEN MORE THAN 60 DAYS. AND THE NOW I KNOW SPACE COAST MARINA DOES HAS PURCHASED PROPERTY THERE AND JUST RAISED HER HAND KNOWING THAT THEY ARE THERE.
THAT IS WHY YOU JUST IDENTIFY.
[03:15:01]
YES. OH, IS HE AN ADJACENT VOTER? I'M NOT SAYING THAT HE WOULD, BUT.AND BUT IT IS A VERY COSTLY VENTURE, CORRECT? PEOPLE THAT I KNOW.
SO IT'S ALSO PRETTY COSTLY AFFAIR TO GO THROUGH A PILL, IS THAT CORRECT? WE'RE ATTORNEYS. IS IT DEPENDS ON HOW YOU'RE DOING IT AND, YOU KNOW, CERTAINLY IF YOU'RE DOING IT THE WAY IN WHICH PARR IS DOING IT, I THINK, YOU KNOW, FIRES AT THREE HUNDRED THOUSAND FOR ITS ATTORNEY AND I THINK ISMAILOV TWO, IS IT TWO HUNDRED THOUSAND FOR THEIR ATTORNEY CITY COUNCIL.
YOU'RE ALL THE SAME PRICE FOR YOURS.
BUT TYPICALLY IT'S NOT THAT COSTLY.
BUT IT YOU KNOW, IT REALLY DEPENDS BECAUSE YOU HAVE TO REALIZE, BECAUSE WE HAVEN'T ADOPTED A PROCEDURE IN WHICH THE APPEALS WOULD BE STRICTLY A CERT PETITION, THEY'LL HAVE A CERT PETITION AND THEY'LL HAVE A DECLARATORY ACTION.
SO THEY'VE GOT TWO DIFFERENT CASES GOING TO CAUSE.
THAT'S FINE WITH I'M SATISFIED WITH.
I'LL JUST YEAH, THIS DEFINITELY ACCENTUATES MY CAUTION WITH UNCERTAINTIES, AND I KNOW I'VE SAID THAT BEFORE AND YOU'VE SAID THAT THAT'S THE BIG THING FOR ME, THE UNCERTAINTIES AND I KNOW HE'S MENTIONED THE PHONE.
AND WE WANT TO SUGGEST SOMETHING I KNOW THAT YOU'RE HALF AND HALF ACTUALLY WANTING TO DO ONE PROJECT AND THE OTHER.
SO AS AS WE SEE IT, YOU WANT BOTH PROJECTS.
YOU WANT A BEAUTIFUL MARINA THAT I KNOW THAT HE'S CAPABLE OF DOING, THAT WE ARE DEVELOPERS THAT CAN HELP DEVELOP THE CITY, HELP.
EVER PROPERTY WE CAN DO I MEAN, WHICHEVER WE CAN DO IT HERE, WE CAN DO IT IN ANOTHER PROP, IN ANOTHER PROJECT, WE'RE NOT GOING AWAY.
AND YOU WANT BOTH PROJECTS AND WE DON'T WANT TO WASTE TIME FROM YOU OR OURS OR I HAVE ANY PROBLEM THEM. IF YOU SAY GO WITH IT, WE'LL GO THROUGH AND WE'LL SUPPORT YOU WILL SUPPORT THE CITY, WILL SUPPORT YOUR DECISION.
BUT I THINK THAT YOU WANT BOTH PROJECTS.
YOU WANT ONE, HAFIDH, THE OTHER ONE WANTS THE OTHER ONE.
LET'S DO BOTH. LET'S FIGURE OUT ANOTHER PROPERTY.
THEN IT'S A LITTLE BIT LESS CONTROVERSIAL THAT PROBABLY THE CITY HAS.
AND WE'LL DO AN AMAZING PROJECT.
WE'LL DO IT. AND YOU'LL HAVE A BEAUTIFUL MARINA, BUT THAT'S ONLY IF YOU WANT TO IF YOU WANT IF YOU IF YOU WANT ME TO CONTINUOUS ONE ON THAT ONE, WE'LL DO IT.
WE'LL DO IT. WELL, WE'LL WE'LL STICK TO IT AND WE'LL MAKE IT HAPPEN.
AND I KNOW THAT PROBABLY THERE ARE SOME PEOPLE WHO ARE GOING TO BE THE THIRD PARTIES TO SAY, I'M NOT AGREE WITH IT, BUT, YOU KNOW.
IF YOU HAVE ANOTHER PROPERTY THAT WE CAN REZONE AND IT'S BETTER AND IT'S NOT A MARINA, SO HE CAN DO A BEAUTIFUL MARINA, WE'LL DO IT.
ACTUALLY, WE'RE IN YOUR HANDS, WILL LOVE THE CITY, AND WE'RE NOT WE'RE NOT GOING AWAY AND THE MONEY'S RIGHT THERE. OK.
IS THERE ANOTHER PROPERTY, MISS JOAN? SO THIS IS A CITY OR SERA SERA OWNED PROPERTY? NO, NO, THE ONLY COMMERCIAL COMMERCIALLY ZONED PROPERTY IS FOURTEEN HUNDRED SPORTS LANE, WHICH THEY'RE ALREADY AWARE OF, WHICH IS NEAR ADJACENT TO THEIR PROPERTY.
BUT THAT IS THE ONLY PIECE THE THE OTHER.
THERE ARE SEVERAL LARGER PARCELS IN THE CITY THAT ARE RESIDENTIAL, IS OWNED, EITHER HAVE DEED RESTRICTIONS OR OTHER SORTS OF RESTRICTIONS AND LIMITATIONS, AND THEY'RE ALSO IN THE MIDDLE OF A SINGLE FAMILY.
RESIDENTIAL NEIGHBORHOOD WOULD ALSO REQUIRE REZONING.
AND I JUST CAN'T IMAGINE THAT WE HAVE ANOTHER PROPERTY CITY OR CRAYONS THAT IS ABLE TO.
BUT I THINK YOU DO HAVE WE DO WE HAVE THESE.
[03:20:04]
BUT UNDERSTAND, THESE HERE ARE ALL UNDER A PERMIT OR RETENTION AND ESSENTIALLY PARKING ALONG. BUT I THINK THAT.NO, BUT I MEAN, THE SMALL PORTION ON THE FRONT YARD ONLY ON THAT ONE.
OUR OTHER OPTION IS WE WE DO HAVE ONE AT LARGE MEMBER.
THAT IS NOT PRESENT HERE TODAY, AND WE COULD BRING THIS TO ANOTHER VOTE AT THAT SPECIFIC TIME, AND THAT'LL BE A DECIDING VOTE PRETTY MUCH, MR. CHAIRMAN. SO I WOULD LIKE TO ASK IF MY MOTION COULD BE REINSTATED FOR A SECOND VOTE BASED UPON THE INFORMATION PROVIDED BY OUR CITY ATTORNEY.
THAT CHANGES ANY ASPECT WITH THE ROLL CALL, THE.
WELL, I WAS GOING TO GIVE THE OTHER SIDE A CHANCE FOR FOR PROMOTION AS WELL.
YEAH, I WAS JUST GOING TO SAY THAT THAT MOTION RECONSIDER, I BELIEVE, BY OUR RULES SHOULD BE DONE BY ONE OF THOSE THREE WHO VOTED AGAINST IT BECAUSE OUR VOTE PREVAILED.
WHAT YOU'RE LOOKING FOR IS ONE OF THE THREE OF US TO TO MAKE A MOTION, RECONSIDER THE MOTION. I WOULD JUST QUESTION, IS THAT WHERE EXACTLY I KNOW WE DON'T OPERATE FORMALLY UNDER ROBERT'S RULES. I WOULD JUST QUESTION IT BECAUSE I'M MAKING THAT FORMAL MOTION IF I'M ALLOWED TO. WELL, I THINK IT WORKS THE OTHER WAY AROUND ROBERTS ON THE BORDER.
IF WE DON'T, WE DON'T FOLLOW THE PRINCIPLE.
IF THEY ARE GAY, THEY COULD BRING IT UP.
I WOULD LIKE TO ASK THE ATTORNEY, PATRICIA SMITH, TO COME UP WITH SMITH.
OUR OUR BYLAWS ARE THE SAME AS COUNCIL WHEN IT COMES TO VOTES.
AND I CAN PULL IT UP ON CITY ORDINANCES.
I DON'T HAVE I DON'T HAVE YOUR FILE.
ACCESS TO. WE DO HAVE THIS SECRETARY.
WE DO HAVE AN ALL AT LARGE MEMBER THAT'S NOT PRESENT AND WE COULD RESCHEDULE THIS VOTE OR WE COULD COME BACK AND THAT'LL BE THE TIEBREAKER, AS I WAS SAYING BEFORE.
I'M NOT PERSONALLY IN FAVOR OF THAT, YOU KNOW, EVEN THOUGH I WASN'T HERE, I MADE IT MY BUSINESS TO OWN IN A SUIT, YOU KNOW, AND THEN ONCE I WAS ABLE TO TAKE CARE OF WHAT I NEEDED TO TAKE CARE OF, I GOT HERE.
THAT IS TRUE. AND I HONOR THAT.
I APPRECIATE IT. SO, YOU KNOW, IT COULD HAVE BEEN PHONE-IN AS WELL.
SO ME PERSONALLY, I'M NOT IN FAVOR OF THAT.
YEAH, WE ARE THREE THREE TO DRAW ON TO SAY YEAH.
TO TRY TO FIGURE OUT. THERE'LL BE THERE'LL BE A DECIDING FACTOR IF WE HAVE ANOTHER VOTE.
AND THAT'S WHERE I'M GOING WITH THAT VICE CHAIR.
THAT'S WHAT I DO POTENTIALLY HAVE MOTION OUT THERE IN THE EVENT OF WHAT THEY FIND.
SO I THINK WE'RE HOLDING FOR THAT INFORMATION.
IF IT'S IN LINE WITH COUNCIL POLICIES, I DON'T THINK IT'S GOING TO BE FAVORABLE FOR YOU.
THAT'S FINE. EVERLONG HAD A GREAT SUGGESTION THAT THEY WILL LOOK AT ANOTHER PROPERTY WAS BY THERE, WE DO HAVE BOWSMAN, WE GOT IT HERE ANYMORE.
WE DO HAVE A SPOKESMAN, LANE, THAT'S BEEN ON THE MARKET.
I DON'T KNOW IF THEY'RE INTERESTED IN THAT PROPERTY.
THAT WAS BROUGHT UP. JOHN IS AT THE PROPERTY ADJACENT TO OUR IN PALM BAY, RIGHT.
LET IT GET ON THE ROPES. RIGHT.
SO THAT PROPERTY WAS MENTIONED.
I KNOW, AS I'M AS I MAY PROBABLY SAY, WE'RE NOT INTERESTED IN BUYING MORE IN THAT PROPERTY THAN WE ALREADY OWN 10 ACRES.
I MEAN, WE NEED TO DIVERSIFY IN THE CITY SO WE CAN ACTUALLY, BECAUSE WE ALREADY MADE AN IMPACT ON THAT ZONE.
SO IF WE DO ANOTHER ONE RIGHT THERE IS NOT GOING TO MAKE WHAT WE WANT TO DO.
IT'S A WAVE, RIGHT? WE ALREADY MADE THAT WAVE.
WE WANT TO MAKE A WAVE IN ANOTHER PART OF THE CITY.
YOUR PROPERTY HIGHLIGHTED IS 1082 WATER DRIVE, WHICH IS A PROPERTY THAT THIS AREA OWNS.
IT'S ONLY A POINT OR FOUR ACRES.
HOWEVER, I DO KNOW THAT THIS PROPERTY IS PROPERTY.
PROPERTY ARE ALSO UP FOR SALE WITH A BROKER, M.
[03:25:01]
HOWARD, NOT THE SAME ONE.KENT, IS IT KENT NO, NO, HOWARD AND SO THIS ALL TOGETHER, I THINK MAKES UP ABOUT THREE AND A HALF ACRES. WE'VE ALSO TALKED ABOUT POTENTIALLY HAVING COUNSEL CONSIDER VACATING THIS AT SOME POINT IF WE GET A DEVELOPMENT THAT WANTS TO DO DEVELOPMENT OF THIS WHOLE BLOCK. THAT WOULD ALSO PROVIDE.
I MEAN, WE WANT TO DO A MIX USE.
WE WE LOVE WORKING WITH PALM BAY.
WE'LL GO EITHER ONE WAY OR THE OTHER WAY.
WE'RE OK. OK, WE LOVE IT AND WE'RE NOT GOING AWAY.
THOSE PROPERTIES WOULD HAVE TO BE RESOLVED AS WELL.
YEAH, IT'S I THINK IT'S THE SAME PROBLEM AS THEY ARE AS THEY ARE, I BELIEVE BMV, BUT I COULD CHECK. ONE ADVANTAGE TO THOSE PROPERTIES WOULD BE THEY'RE NOT THE WATERFRONT SIDE OF THE ROAD. SECONDLY, I KNOW S.
ATTORNEY PATRICIA SMITH HAD JUST LOOKED AND THERE'S NOTHING IN THE BYLAWS THAT PREVENTS ME FROM REPEATING A MOTION.
AND SO THAT MOTION HAS BEEN MADE.
OH, SO YOU WANT TO MAKE THAT MOTION A MOTION TO ACCEPT THE OFFER FROM EAST COAST MARINAS AND ALLOW STAFF TO BRING FORTH FINAL PURCHASE CONTRACT TO THE NEXT REGULARLY SCHEDULED CITY COUNCIL MEETING AND SECOND.
GOT A MOTION AND A SECOND MOTION BY.
COMMISSIONER PARR TAKEN IN BY VICE CHAIRMAN JOHNSON ALL IN FAVOR OF.
A ROLL CALL AARON MEDINA PALM BAY CHAIRMAN JOHNSON HIGH COMMISSIONER FELIX.
HEY, MR. BAILEY. MR. FOSTER, I MISSIONER PARR.
SO I THINK AT THIS POINT, WE'RE WE'RE DEADLOCK, SO FROM OUR CITY ATTORNEY, I'M GOING TO ASK THE BEST COURSE OF ACTION AT THIS POINT, TONY, IS TO BRING THIS BACK.
AND AND WHEN WE HAVE A FULL QUORUM AND PERHAPS WE'LL BE ABLE TO MAKE THAT DECISION.
HOW MUCH TIME DO WE HAVE BEFORE THESE OFFERS ARE GOING AVOID THE SPACE COAST MARINE HAS A ON OR BEFORE MAY SEVEN? THIS PAST. FIRST.
AND THE ADELONG CAPITALS, MAY 17.
I GUESS THE QUESTION WOULD BE WHETHER THEY'D BE WILLING TO BEND THE CONTRACT TO DATES OUT. SURE.
WELL, MY ONLY VICE CHAIR, MY ONLY CONCERN ALSO I DON'T WANT EITHER PARTY, SIR, GOING TO STEP BACK. I DON'T WANT ANYBODY FROM EITHER PARTY ALSO WALKING AWAY AS WELL, LIKE FRIGATES IS DONE OUT OF FRUSTRATION FROM US AND.
YOU KNOW, SO THAT'S I WHOLEHEARTEDLY CONCUR, THAT'S MY ONLY OTHER CONCERN, THAT IS A HUGE CONCERN. YEAH, WELL, ONE THOUGHT I WAS IT SEEMED LIKE I'VE BEEN TALKING ABOUT A LOT, BUT I LISTEN TO PARR SPEAKING.
I JUST I KNOW THE OTHER PARTY HAS ALREADY COME UP SAYING THEY'RE HAPPY TO LOOK AT ANOTHER PROPERTY. WE PRESENTED THEM.
THEY WERE INTRIGUED. I SEE US MOVE FORWARD.
I MEAN, WE GOT BOTH PARTIES INTERESTED IN PROPERTIES IN THAT AREA THAT IN MY MIND IS THE IS THE PINNACLE SOLUTION.
I MEAN, WE GOT BOTH PARTIES WANT TO BE AT THE TABLE IN THAT COMMUNITY.
THAT, IN MY MIND, IS THE WIN WIN WIN SCENARIO.
AND I MEAN, I'M STRUGGLING HERE.
THE OPPOSITION WE'VE HAD A MOTION AND IT'S IT'S BEEN DEADLOCKED THREE THREE.
SO THAT'S WHERE THAT'S WHERE WE'RE AT.
THE SHARED SENTIMENT THAT WE HAVE ALL PARTIES, HAPPY, HAPPY MARRIAGE.
AND WE'RE SAYING, NO, MR. FELIX, WHAT I WANT I WANTED TO ADD IS THAT AVALLONE EXPRESSED, YOU KNOW, GREAT INTEREST.
YOU WANT THEY WANT TO STAY HERE.
YES, THEY DO WANT TO STAY BUILDING PALM BAY, BUT IT'S CONTINGENT IF THEY CAN FIND A PROPERTY RIGHT NOW.
IT'S NOT CERTAIN THEY'RE GOING TO BE ABLE TO FIND PROPERTY ALONG THAT CORRIDOR TO DEVELOP. SO AS CHAIRMAN SAID, THE MOTION IS STILL THERE.
[03:30:01]
AND I DON'T NECESSARILY AGREE.YOU KNOW, NEITHER ONE GOING TO WALK, WALK AWAY FROM FRUSTRATION.
SO I BELIEVE, YOU KNOW, WE WE GOT TO LEAD THE PROCESS.
WE GOT TO GO THROUGH A PROCESS IF WE NEED TO MEET AGAIN.
THAT'S WHAT THAT'S WHAT WE NEED TO DO TO GET THE.
THIS MOVE FORWARD. BE THE ANSWER.
AND SO WE'RE THREE THREE WE CAN MOVE FORWARD TO COMMISSIONER REPORTS.
WELL, START OFF WITH COMMISSIONER FELIX, YOUR REPORT, ANY REPORT, ANYTHING TO REPORT?
[COMMISSIONER REPORTS]
I DON'T HAVE A WHOLE LOT, BUT I DO APPRECIATE THE EXPRESSED, YOU KNOW, GRATITUDE TO THESE GENTLEMENS AND THAT BOTH APPLICANTS IN FACT, I'D WANT TO DEVELOP AN PALM BAY, AND I'M REALLY HOPING AND PRAYING THAT, YOU KNOW, WE CAN I'D LOVE TO AARON BOTH OF YOU GUYS BUSINESS. SOMEHOW, SOME WE MAKE IT WORK, SO, YEAH, THAT THAT CONCLUDES MY REPORT, SIR.THANK YOU, COMMISSIONER BAILEY.
AND THEN AT THE SAME MISSION, A FOSTER, I HAVE NONE AT THIS POINT.
YES, CHAIR. NOBODY THOUGHT FRIGATES WAS GOING TO WALK AWAY EITHER.
THAT'S ALL. MR. PARR, THANK YOU, SIR, I AGAIN WANT TO EXPRESS THE SAME SENTIMENT.
THANK YOU VERY MUCH. AND PROVES WHAT OUR CHAIRPERSON SAYS ROUTINELY BEST SITTING ON THE FACE OF THE EARTH PALM BAY.
WE GOT AMAZING OPPORTUNITIES HERE COMING FOR THE CITY OF PALM BAY, ALSO AT OUR BAYSIDE BEARS AND VERY PROUD ARE GOING TO THE REGIONAL FINALS AND THE ELITE EIGHT OF THE STATE SOFTBALL TOURNAMENT. I GOT THAT NEWS HERE A LITTLE BIT AGO.
SECONDLY, IF ANY OF Y'ALL ARE INTERESTED, ON JULY 4TH, WE'RE DOING OUR ANNUAL GOLF TOURNAMENT FUNDRAISER FOR BAYSIDE HIGH SCHOOL ATHLETIC PROGRAMS. LET ME KNOW. I'D BE MORE THAN HAPPY TO HELP GET YOU INVOLVED.
AND THANK YOU AGAIN, I JUST WANT TO REITERATE, I WANT TO THANK YOU FOR YOUR DEDICATION, YOUR WILLINGNESS TO INVEST IN THE GREATEST CITY ON THE FACE OF THE EARTH PALM BAY.
WE TRULY BELIEVE IN THIS COMMUNITY.
AND I LOVE THE IDEA OF PARTNERSHIP AND.
WE WE JUST HAVE DIFFERENT VISIONS RIGHT HERE.
AND BUT LISTEN, WHICHEVER ONE WINS BECAUSE WE ARE COMPETITIVE, AREN'T WE? WHOEVER WINS, WE WILL SOLVE SOLIDIFY THAT VENTURE.
WE WILL PATRONIZE THAT VENTURE.
THAT BEING SAID, THIS MEETING IS ADJOURNED.
* This transcript was compiled from uncorrected Closed Captioning.