Aug 05, 2021 Special Bayfront Community Redevelopment Agency

[00:00:02]

I'M GOING TO CALL THE BAYFRONT COMMUNITY REDEVELOPMENT AGENCY SPECIAL MEETING TWENTY TWENTY ONE DASH 10 TO ORDER.

OH, THE PLEDGE OF ALLEGIANCE WILL BE LED BY OUR DEPUTY MAYOR.

ANNIE JOHNSON, PLEASE RISE.

THE. HOLIDAY FOR TOYS R STANDS ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL.

THANK YOU. SO, ELENA, YOU WANT TO LEAD US IN A ROLL CALL? GROUP CHAIRMAN MEDINA ROSET, VICE CHAIRMAN JOHNSON, IF MR. FELIX YEAH, MR. BAILEY. MR. FOSTER, IF MR. FILIBERTO, MR. BARR, YOU'RE HERE, OR THE ATTORNEY, RODNEY EDWARDS.

THANK YOU, MA'AM. ANY PUBLIC COMMENT CARDS? AGENDA ITEMS. ALL RIGHT, WE'RE GOING TO GO RIGHT INTO NEW BUSINESS.

[1. Resolution for Fiscal Year 2022 Proposed Budget of the Bayfront CRA.]

GOOD EVENING. THE.

TOTAL CIERRA FUNDS FOR THE BAYFRONT SIERRA IS ONE POINT FIVE EIGHT TWO MILLION, AND OF THAT PORTION, THE CITY'S PORTION IS ONE POINT ONE MILLION, AN INCREASE OF ONE HUNDRED AND TWENTY THOUSAND SIX HUNDRED AND SIXTY SEVEN OVER THE TWENTY TWENTY ONE.

AND THE COUNTY'S PORTION IS FOUR HUNDRED AND SIXTY EIGHT THOUSAND TWO HUNDRED AND THIRTY.

SO AS PRESENTED IN YOUR BUDGET WORKSHOP, THE TWENTY TWENTY TWO BUDGET ALLOCATION IS EIGHT HUNDRED FORTY ONE THOUSAND THREE HUNDRED AND THIRTEEN IN TOTAL EXPENDITURES, WHICH INCLUDES THE ESTIMATED FOUR HUNDRED AND SEVENTY SEVEN THOUSAND SEVEN TWENTY FOUR.

BUT THE ABDELKARIM TAX REBATE FOR THE NORTH SHORE DEVELOPMENT LLC AND THEN THREE HUNDRED AND FORTY NINE THOUSAND 167 WAS BUDGETED FOR PRINCIPAL AND INTEREST PAYMENTS FOR THE 2006 BOND SERIES, AFTER WHICH THE BOND WILL BE REPAID IN FULL.

SO THE REMAINING SEVEN HUNDRED FORTY SEVEN THOUSAND SEVENTY FOUR THAT THE CITY HAS IS NOT ALLOCATED RIGHT NOW. IT'LL REMAIN IN RESERVES TO BE REIMBURSED BACK TO THE GENERAL FUND FOR THE CITY AND THE COUNTY FOLLOWING THE END OF THE YEAR IS CALLED YEAR TWENTY TWENTY TWO. IF YOU HAVE ANY QUESTIONS, WE'D BE HAPPY TO ANSWER THEM MISSIONERS.

ANY QUESTIONS. YOU KNOW, YOU NEED A MOTION FOR ANYTHING OR YOU'RE JUST PASSING ON THE INFORMATION. I APPROVE THE RESOLUTION, I THE RESOLUTION.

I HAVE A MOTION COMMISSIONERS, THIS CHAIR.

I'D LIKE TO MAKE A MOTION TO ADOPT THE RESOLUTION 2021 ONE 01 TO APPROVE THE FISCAL YEAR 2022 BUDGET OF THE BAYFRONT SCIARRA SECOND OF MOTION BY.

DEPUTY VICE CHAIR VICE CHAIR CARRIE JOHNSON, SECONDED BY COMMISSIONER IRONPORT ANY FURTHER DISCUSSIONS, COMMISSIONERS? YOU KNOW, I'M CALLING IT ALL IN FAVOR, AND HE OPPOSED US IS UNANIMOUSLY ITEM NUMBER TWO.

[2. Resolutions conveying Bayfront CRA-owned surplus real estate located at 4220 Dixie Highway NE, 2920 Pospisil Ave. NE and 2932 Pospisil Ave NE, Palm Bay, FL 32905 to buyer Space Coast Marinas, LLC.]

SPECIAL MEETING OF THE BAYFRONT SCIARRA HELD ON MAY 17, 2021.

THE BOARD ACCEPTED AN OFFER OF ONE POINT NINE DOLLARS MILLION FROM SPACE COAST MARINES FOR THE PURCHASE OF THE THREE PROPERTIES JOINTLY OWNED BY THE CRA, WHICH IS ALSO KNOWN AS PELICAN HARBOR MARINE.

SO AS YOU'RE AWARE, THEY'RE GOING TO CONSTRUCT A MARINE DRY DOCK BOAT STORAGE AND SERVICE FACILITY, BOAT LAUNCH AND WASH SERVICE, BOAT CLUB, SHIP STORE, TIKI BAR WITH AN OUTDOOR ENTERTAINMENT VENUE, RESTAURANT AND RETAIL AMENITIES TO INCLUDE A VALET SERVICE.

THE CAPITAL INVESTMENT IS ESTIMATED TO BE TEN TO TWELVE MILLION DOLLARS, WITH APPROXIMATELY THREE HUNDRED AND TWO NEW FULL TIME JOBS.

SO THE CITY I'M SORRY, THE SIERRA AND THE BUYER HAD SOME CHALLENGES DURING THE DUE DILIGENCE PROCESS AND THE CLOSING DATE WAS EXTENDED UNTIL AUGUST SIX.

SO THERE IS A REQUIREMENT THAT THE TITLE COMPANY CAME UP WITH TO HAVE A RESOLUTION TO CONVEY THE PROPERTY TO THE BUYER.

AND ALSO THE BUYER ALSO REQUESTED HE PROVIDED A LETTER AND HE'S ALSO REQUESTING, BASED ON HIS DUE DILIGENCE, A REDUCTION TO ONE POINT SEVEN MILLION.

[00:05:01]

AND SO ARE COMMISSIONERS, I WOULD LIKE TO HEAR FROM THE VIRUS, SIR.

I'LL BE THERE. SO, MR. TIMMONS, WOULD YOU STEP FORWARD, PLEASE? GOOD EVENING. THANK YOU.

SO, YOU KNOW, ORIGINALLY WE WERE AT ONE POINT EIGHT AND THEN BEING THAT IT WAS SUCH A CLOSE BID BETWEEN YOU AND ADELINE, WENT TO ONE POINT NINE.

CORRECT. COULD YOU KIND OF JUST WALK US THROUGH THE ONE POINT SEVEN WHERE WE ARE JUST IN YOUR OWN WORDS? YEAH. SO SO SO A COUPLE OF THINGS.

AS WE WENT THROUGH THE DUE DILIGENCE PROCESS THERE, ARE THERE SOME ISSUES ON THE PROPERTY THAT ARE NOT THAT BIG A DEAL? THERE'S WELLS THAT ARE OPEN THAT CAN BE TAPPED OFF.

THERE'S A HOMELESS CONTINGENT, BUT THERE ARE ISSUES THAT ARE A BIG DEAL.

AND SOME OF THAT IS THE SOIL SAMPLES ON THE PROPERTY.

I SUBMIT A SOIL REPORT TO TO THE CITY, PART OF THAT SOIL REPORT AND AN AREA THAT IS, YOU KNOW, PART OF IT DOESN'T IMPACT THE DEVELOPMENT.

IT'S WHERE THE THE OUTDOOR THEATER WILL BE AND THE MUSIC HERE.

SO IT'S NOT A HIGH DEVELOPMENT, BUT IT SAYS THAT THERE'S YOU CAN'T HAVE ANYTHING OVER THREE STORIES ON THE PROPERTY TO GET TO THREE STORIES OR MAYBE MORE.

YOU HAVE TO EXCAVATE DOWN AND THEY'RE RECOMMEND AN EXCAVATION OF 27 TO 30 FEET, OBVIOUSLY HAVE TO DO MORE BORING SAMPLES TO GET THERE.

BUT THE CHALLENGE FOR ME IS, IS IT'S AT THE AREA WHERE THE BRIGHT LINE LEASE IS NOW.

SO WHERE THE LEASE IS AND WHERE THE PROPERTY THAT WAS GOING TO BE VACATED, THAT HAS TO BE BUILT OUT. SO NOW, IN SPEAKING WITH BRIGHT LINE, NOT ONLY THE CONTRACTORS THAT ARE AT THE SITE, BUT THE I THINK IT'S ONE OF THEIR MAIN GUY THAT I WAS IN TOUCH WITH.

THEY BELIEVE THAT THE PROJECT WILL BE DONE IN NOVEMBER, DECEMBER OF 2022, BUT MORE THAN LIKELY GO INTO Q1 OF 2023.

THAT'S GOING TO PUT MY DEVELOPMENT AND CONSTRUCTION OFF UNTIL 2023, WHICH IS IF YOU KNOW THE PRICE OF STEEL RIGHT NOW AND ALL OTHER BUILDING MATERIALS, IT'S IT'S IT'S A BIG ISSUE FOR ME. SO I YOU KNOW, THERE'S A STORMWATER DRAINAGE THAT'S GOING TO THAT THEY'VE ASKED FOR AN EASEMENT AS WELL FOR THE CITY HAS ASKED FOR AN EASEMENT.

I MEAN, IT'S GOING TO BE ADDITIONAL COST AS WELL.

YOU KNOW, THAT'S THAT'S SOMETHING THAT'S NOT A HUGE DEAL.

BUT THE OTHER IS A BIG ISSUE.

I MEAN, STEEL IS CONTINUING TO RISE.

A NUMBER CAME DOWN A LITTLE BIT, BUT STEEL IS GOING CRAZY RIGHT NOW.

SO THIS DELAY IS EXTREMELY COSTLY.

SO I LOOKED AT THE PROJECT AS I THINK EVERYONE ON THE ON THE ON THE BOARD KNOWS I LOVE THE AREA. I CONTINUE TO INVEST IN THE AREA AND WE'LL CONTINUE TO INVEST IN THE AREA.

BUT I'M LOOKING FOR THE CITY TO BE A PARTNER AND SAY, HEY, LISTEN, I UNDERSTAND THAT YOU WERE AT ONE POINT AND I KNOW IT'S A COUPLE HUNDRED THOUSAND DOLLARS LESS, BUT WE UNDERSTAND THAT I HAVE COSTS AND THAT THOSE COSTS CAN'T BE MITIGATED BECAUSE OF THIS LEASE. I MEAN, THERE IS NOTHING OTHER THAN TELL BRIGHT LINE.

THEY HAVE TO GO HOME AND WE'RE GOING TO DIG A 30 FOOT, YOU KNOW, BY BY 500 FEET.

THERE'S NOTHING THAT CAN BE DONE UNTIL THEY VACATE THAT PROPERTY.

SO WITH THAT, I ADJUSTED MY MY OFFER AND MADE A COUNTEROFFER TO THE THE BOARD OF ONE POINT SEVEN. THAT'S ONLY 100000 LESS THAN WHEN IT WAS MARKETED FOR.

AND PLEASE REMEMBER THAT IT WAS MARKET SEVEN POINT THIRTY NINE ACRES.

IT'S ONLY FIVE ACRES.

AND IT WAS ON THE MARKET FOR OVER TEN YEARS.

SO I'M PREPARED TO CLOSE TOMORROW.

MONEY'S IN THE BANK. I'M LOOKING FOR A PARTNER IN THE CITY TO COME AND SAY, YES, WE UNDERSTAND. WE GET THAT THERE'S A IT'S NOT EXACTLY WANTED, BUT BELIEVE ME, THAT THAT NUMBER WILL COME BACK TENFOLD.

AND WHAT WE'RE LOOKING TO NOT ONLY DEVELOP THERE, BUT IN OTHER AREAS OF THE CITY.

TO START OFF, I'M JUST CURIOUS WITH THIS FINDINGS, AND I KNOW YOU'RE TALKING ABOUT DELAYS IN THE ART OF YOUR TIME WHEN IT COMES TO PUSHING OUT TO 2023, THESE FINDINGS CHANGE YOUR VISION FOR THE PROPERTY IN THE U.S.

AND WHAT YOU SEE HOW IT WILL BE USED BASED ON WHAT WE WERE.

NO, NO.

IT JUST DELAYS THE THE BIGGEST DELAY IS OR THE THE THE BOAT STORAGE AREA.

THAT'S BECAUSE WE WANTED THAT NEXT TO THE TRACKS WHERE NOBODY'S REALLY GOING TO BE.

BUT IN ORDER TO TO TO BUILD THAT, IT IT HAS TO BE VACATED DOWN THE THE AREA HAS TO BE COMPACTED TO ENABLE TO ENABLE THAT IS VACATING THAT 20 FEET THAT WE HAD THAT WAS IN IN MY OFFER AND BUILDING ON THAT.

SO THAT CANNOT BE DONE UNTIL AFTER BRIGHT LINE MOVES OUT.

WE CAN STILL VACATE AND I CAN GO GET THE PERMITS FROM THE DP AND ST.

JOHN'S WATERWAY. BUT THE BUILDING CANNOT WE CAN'T GO FORWARD UNTIL THEY'RE OUT.

[00:10:05]

IF THIS GOES THROUGH, I MEAN, EVERYTHING ELSE IS MOVING FORWARD.

IT DOESN'T IMPACT THE ANY AREA OTHER THAN OVERBUY THAT LEASED AREA.

THAT'S THE BOAT STORAGE AREA.

CORRECT. THAT'S THE BOAT STORAGE AREA.

NOW, FORGIVE MY IGNORANCE WITH THIS QUESTION.

IS THAT BUILDING? THEY'RE THE SAME, I GUESS, CONSTRUCTIONAL VALUE WHEN YOU'RE TALKING THREE STORIES IS A MAXIMUM OF THE WAY IT CURRENTLY SITS AND VERSUS WHEN WE'RE TALKING, BUILDING AND HAVING TO DO THE LAND PREP IN THAT SITUATION.

YEAH, I MEAN, IT'S CERTAINLY A DIFFERENT BUILD.

YOU YOU YOU HAVE TO BUILD TO BE ABLE TO TO OBVIOUSLY STORE THE WEIGHT OF THE BOATS SO YOU CAN BUILD HIGHER. YOU CAN PROBABLY BUILD FIVE STORIES THERE.

BUT IF YOU HAD A CONCRETE BUILDING, IF YOU'RE BUILDING, YOU CANNOT GO THROUGH.

AT LEAST THE ENGINEERS DON'T.

YOU CAN'T GO MORE THAN THREE STORIES OF CONCRETE.

YOU COULD PROBABLY GO UP TO FOUR STORIES BECAUSE THEIR BOATS, BUT YOU STILL HAVE TO SHOW THE GROUND DOESN'T SHIFT. AND AGAIN, I'M NOT AN ENGINEER, SO THE GROUND DOESN'T SHIFT.

THEY'RE SAYING WE NEED TO DIG DOWN ALL THE I GUESS IT'S CLAY AND SILT AND SHELL REPACK REFORM THAT AND BRING IT UP AND THEN BUILD ON TOP OF IT.

SO. THE FILIBERTO WANT TO WEIGH IN.

AS YOU WERE. OH, NO.

IN THE MEANTIME, COMMISSIONER FELIX.

OMURA. CHAIRMAN.

IF YOU RECALL ORIGINALLY, HOW WASN'T THE FIRST YOU KNOW, ONE OF THE, YOU KNOW, TOO EXCITED ABOUT YOUR PROJECT AND AND THE MORE I LEARNED ABOUT IT, THE MORE, YOU KNOW, WE HAD A CHANCE TO DISCUSS THING.

I'VE TOOK IT INTO CONSIDERATION PART OF ME.

I BELIEVE IF I MAY ASK STAFF WHAT WAS THE APPRAISED VALUE OF THE PROPERTY? HE RECENTLY APPRAISED VALUE WAS TWO POINT THREE MILLION, TWO POINT THREE.

I. I HEARD YOU AND YOUR SYMPATHIZE, UNDERSTAND THE IMPORTANCE OF TIME, HOW THAT CAN IMPACT, YOU KNOW, THERE'S A LOT TO TAKE INTO CONSIDERATION, YOU KNOW, THE PRICE OF THE PRICE OF MATERIALS INCREASE AND SO ON AND INFLATION AND ALL THAT.

BUT IN COMPARISON.

IN MY OPINION, I THINK IT'S STILL FAIR CONSIDERING THE VALUE OF REAL ESTATE, YOU KNOW, WE CERTAINLY NOT MAKING MORE OF THOSE THAT OUR PROPERTY.

AS OF NOW, I WOULD STICK TO TO THE PRICE, I WOULD SUGGEST THAT WE STICK TO THE PRICE.

I BELIEVE IT WAS AND GO BACK AND LOOK AT TWO POINT TWO, AND THERE ARE CERTAIN.

AREAS THAT WEREN'T IN I MEAN, THERE, THE EASEMENTS WEREN'T ANTICIPATED, THERE'S OTHER AREAS, THE SOIL SAMPLES, THERE'S THOSE THINGS THAT THEY DO NOT DO ON A PROPERTY AND JUST A CASUAL APPRAISAL, WHICH WHICH I BELIEVE THAT WAS THE SAME WAS DONE FIVE YEARS BEFORE THAT AND FIVE YEARS BEFORE THAT.

AND LAND TO ME IS WHAT SOMEONE WILL PAY FOR IT.

I THINK WE JUST I JUST PURCHASED LAND NORTH OF THERE ON DIXIE HIGHWAY NORTH OF THAT.

AND I BELIEVE IT'S PROBABLY WORTH.

240000 AND I JUST PAID THREE HUNDRED FIFTY THOUSAND FOR IT, BECAUSE I THINK IT'S IMPORTANT THAT WE CONTINUE TO GROW AND DEVELOP THAT AREA AND THERE IS MULTIPLE PROPERTIES, THE SAME THING.

SO I KNOW THAT A LOT OF THE PROPERTIES I'M BUYING AREN'T GOING TO APPRAISE.

SO IT GOES BOTH WAYS.

AND AGAIN, YOU KNOW, CONSIDERING THE DIFFERENCE, THE GAP TO ME, YOU I THINK YOU STILL THIS IS A FAIR THIS IS A FAIR PRICE.

YOU KNOW, THAT'S JUST MY VIEW.

OF COURSE, YOU'VE GOT, YOU KNOW, FIVE OF THE SIX OTHER COMMISSIONERS THAT'S GOING TO WEIGH IN. SO. THANK YOU, CHAIRMAN.

THANK YOU, COMMISSIONER FELIKS, COMMISSIONER FORCER.

WOULD YOU LIKE TO WEIGH IN RIGHT NOW? SIR. I'M FULLY IN SUPPORT OF YOUR PROJECT.

IT'S A GREAT IDEA FOR PALM BEACH.

I STILL DO.

MY QUESTION TO YOU, BEFORE YOU MADE THAT OFFER, YOU WASN'T AWARE OF THESE ISSUES, WERE YOU? I WAS NOT AWARE THAT THERE WAS A LEASE ON THE PROPERTY.

[00:15:01]

AND DAYS AFTER I SIGNED, EIGHT DAYS AFTER IN THE DUE DILIGENCE PERIOD.

WHAT ABOUT THE IMPACT OF THE BUILDING, NOT UNTIL WE HAD BORING SAMPLES, THAT'S WHEN YOU FOUND OUT. YES. WHICH WAS ONLY A FEW WEEKS AGO AND.

HOW HAS THAT HAS THAT IMPACT YOUR BOTTOM LINE AT GETTING THIS PROJECT OFF THE GROUND AND RUNNING? WELL, EVERYTHING IMPACTS I MEAN, I THINK THAT'S THE BIGGEST ISSUE, ANY THE DELAYS ARE IMPACTING AT THE ADDITIONAL EXCAVATION WILL WILL IMPACT AT THE EXCAVATION I'M LESS CONCERNED WITH.

IT'S THE TIMING OF IT.

YOU KNOW, THIS COULD YOU KNOW, WHEN WHEN WE PUT OUR OFFER OUT, WE, I EXPECT, EXPECTED TO BE GOING IN AND STARTING TO TO GROW AND DEVELOP THAT LAND.

NOW, IF YOU LOOK AT THAT, I DO NOT BELIEVE THAT I'LL BE ABLE TO BE ON LAND UNTIL 2023.

AND I COMPLETELY AGREE WITH WHAT YOU'RE SAYING.

YES. ALL THINGS BEING EQUAL, I WISH THE THE RAILROAD WASN'T THERE.

I MEAN, I THINK IT'S A GREAT THING, BUT I WISH THAT WE COULD GO AND DO THE PROJECT AS WE HAD BID IT AND AS WE INTENDED TO DO IT.

THAT'S NOT THE CASE. THE CASE IS THAT THERE IS A LEASE ON THE PROPERTY.

THEY ARE THERE. THEY'RE GOING TO BE THERE.

THE LEASE EXPIRES AT THE END AND SEPTEMBER OF TWENTY, TWENTY TWO.

I DON'T THINK THAT ANYBODY THAT'S ON THE PROJECT THAT I'VE TALKED TO AND I'M THERE A LOT, AND ESPECIALLY THE PEOPLE THAT ARE IN CHARGE BELIEVE THAT IT'LL BE DONE IN SEPTEMBER OF 2022. AND WE ALL KNOW THAT I'M NOT JUST GOING TO SAY, OH, NO, YOU CAN'T RELEASE IT.

WE'RE GOING TO DO WHATEVER IT TAKES TO GET THAT THROUGH.

AND IF IT TAKES TO NOVEMBER, DECEMBER, Q1, I'M GOING TO HAVE TO TO DO THAT.

AND THAT MEANS MY PROJECT SITS ON THE SIDELINE UNTIL THAT'S DONE.

AND NOW I HAVE TO START BUILDING.

AND I AGREE MAYBE IT WAS TO POINT TO A VALUATION, BUT AGAIN, IN THE PROPER APPRAISAL.

IT'S SET FOR A DECADE.

I MEAN, MORE THAN THAT, AND THESE ARE THINGS THAT WERE NOT ANTICIPATED IN THE APPRAISAL.

THERE'S NO APPRAISAL THAT SAID, HEY, LISTEN, YOU CAN ONLY USE PART OF THE LAND.

YOU CAN ONLY DEVELOP HALF THE LAND UNTIL 2023.

I'M JUST LOOKING FOR.

SEEM TO BE A GOOD PARTNER, AND LET ME LET ME ASK YOU THIS, SO THE PROJECT MORE LIKELY IS GOING TO BE DELAYED BECAUSE OF THE.

THAT PIECE OF IT, YES, PIECE OF IT, AND BY IT BEING DELAYED.

IT'S CAUSING YOU OR YOUR INVESTORS MONEY, RIGHT, RIGHT.

CONSIDERABLE. IN.

200000. ABSOLUTELY.

THANK YOU. I COMMISSIONERS', I WANT YOU TO BE AWARE WE'VE GOT 12 MINUTES BEFORE WE SHIFT GEARS HERE, COMMISSIONER.

FILIBERTO. THANK YOU.

I JUST WANT EXPRESS MY CONCERN SUPPORT HERE.

WE WERE GOING THROUGH THE INITIAL VETTING PROCESS BETWEEN SPACE COAST MARINAS AND ADELONG. I KNEW THAT ADELINE'S POCKETS WERE DEEP.

I DIDN'T THINK YOUR POCKETS WERE DEEP, SIR.

AND I NOTICED NO DISRESPECT TO YOU AND MY.

I FEEL LIKE BABYLON PROJECT WOULD NOT HAVE BEEN DELAYED.

IT WOULD HAVE BEEN IN THERE CERTIFY CONSTRUCTION, LOCAL BUILDERS AND BUILDING UP THAT HOTEL. THE RESIDENTS DO NOT WANT THAT, WHICH I'M FINE WITH.

WELL, THEY COULD NOT BUILD THERE EITHER.

AND AND I'LL TELL YOU, THEY COULDN'T HAVE BUILT ON THE PROPERTY AT ALL.

IF YOU LOOK AT THE SOIL SAMPLES AND JONATHAN KNOWS THAT THEY COULDN'T BUILD ON THE PROPERTY CYCLE TIME, SIR.

PSYCHOLOGIZE. NO WORRIES.

I KNOW YOU WANT TO DO GOOD THINGS FOR OUR COMMUNITY.

YOU BUILD UP OTHER ARE THE PARCELS.

SO IT'S NOT JUST A ONE TIME DEAL FOR YOU.

SO YOU'RE GOING TO KEEP GETTING YOUR CARRY ON WITH THE BAYFRONT AREA AND BUILD IT OUT AND MAKE IT BEAUTIFUL. SO WITH THAT, I KNOW ONE POINT SEVEN IS.

IN A BARGAIN, YOU'RE GOING TO DEAL, BUT I WOULD ACCEPT IT ON THE CONDITION THAT YOU CAN CONTINUE TO REBUILD THE BAY FRONT AREA, MAKE IT THE WAY RESIDENTS WANT TO.

MY PLAN. THANK YOU, SIR.

VICE CHAIR. MAY I JUST HAVE A QUESTION FOR OUR LEGAL SO IF WE DO GO FORWARD WITH THE ONE POINT SEVEN, I JUST WANT TO MAKE SURE THERE CAN'T BE A, YOU KNOW, A QUICK SALE TO FLIP THIS LAND OR ANYTHING OF THAT NATURE.

IF WE GO FORWARD WITH THE SALE OF THE PROPERTY PROPERTY.

SO. IS THERE ANYTHING WE CAN DO OR PUT IN WRITING TO PREVENT? IT'S FOR PEACE OF MIND.

NO, I CAN ANSWER THAT, OK? NO, I THERE'S I HAVE NO INTENTION OF BUYING LAND AROUND THERE.

I'M NOT I HAVE NO INTENTION OF FLIPPING THE PROPERTY.

THAT'S NOT WHY I'M HERE.

I WANT A MARINA THERE.

[00:20:01]

THAT'S NOT MY BUSINESS.

MY BUSINESS ISN'T FLIPPING, YOU KNOW, REAL ESTATE.

SO I THERE IS NO WAY REALLY TO STOP IT.

AND THAT'S AN EXCELLENT POINT.

YEAH. I MEAN, BECAUSE WE GREAT POINT.

WE CAN'T TIE HIS HAND, BUT YET WE WANT TO SHOW THAT PARTNERSHIP.

RIGHT. YOU KNOW, I LOVE THE DISCUSSION.

WHAT'S UNFORTUNATE IS I BELIEVE THE APPRAISED VALUE IS HIGH.

I DO WANT TO PARTNER IN WHEN WE HIT THE MARK AT ONE POINT NINE FROM TWO POINT TO TWO POINT THREE. I THOUGHT THAT WAS PART OF THAT PARTNERSHIP DURING THAT TIME, MR. TIMMONS. I JUST WANT LIKE TO HAVE THAT PROJECT CONTINUE FORWARD.

SO AND I THINK THAT'S WHAT COUNSEL AND ESPECIALLY VICE CHAIR JUST MENTIONED.

AND THERE'S NO GUARANTEES THAT IF WE GO WITH ONE POINT SEVEN, YOU COULD FLIP IT FOR TWO POINT TWO AND THEN IT SET ON THE MARKET FOR FOR A DECADE.

I MEAN, IT'S NOT AND I DON'T KNOW HOW YOU WOULD GO IN FLIP IT THAT SO COMMISSIONERS' YOU'VE HEARD WE'VE DISCUSSED I WANT TO HEAR FROM THE COMMISSIONERS SAID ONE MORE QUESTION. I JUST WANT TO REITERATE, I BELIEVE I HEARD YOU SAY IT EARLIER, YOU WERE NOT MADE AWARE OF THIS LEASE AS HOLDING ON PART OF THE PROPERTY PRIOR TO YOU WRITING YOUR CONTRACT OFFER AT ONE POINT NINE, IS THAT CORRECT? CORRECT. NOT TILL DUE DILIGENCE.

I WANT TO MAKE SURE THAT WAS OUT THERE, SO WE'VE GOT WE'VE GOT A CONSIDERATION TO BRING THE PRICE DOWN TO ONE POINT SEVEN COMMISSIONERS.

WHAT AM I HEARING FROM THIS BODY? I MEAN, CHAIR, I'LL MAKE A MOTION TO APPROVE THE RESOLUTION CONVEYING BAYFRONT SIERRA LEONE SURPLUS REAL ESTATE LOCATED FOUR TWO TWO ZERO DIXIE HIGHWAY NE TWO NINE TWO ZERO POPSICLE AVENUE NE AND TWO NINE THREE TWO POPULAR AVENUE NE PALM BAY, FLORIDA, THREE TO FIVE TO BUY OUR SPACE COAST BORINGNESS L.L.C..

SECONDO WELL I'VE GOT TWO SECONDS.

YOU GUYS FLIP ON IT EITHER WAY YOU'RE GIVING.

ALL RIGHT. SO I'VE GOT A MOTION BY VICE CHAIRMAN KENNY JOHNSON AND SECOND BY AARON PAŞA.

ANY FURTHER DISCUSSION? I'LL BE VERY BRIEF BECAUSE I SEE WE GOT SEVEN MINUTES.

CARRY ON, MR. TIMMONS. I WASN'T SAYING YOU WILL FLIP IT, BUT JUST WE'VE HAD HISTORY, NOT YOU.

BUT THE CITY'S HAD HISTORY IN REGARDS TO THE DEALING OF LAND.

I KNOW YOU'RE GOOD.

YOU'RE GOOD. YOU'RE GOOD. MR. TIMMONS, WE'RE JUST DISCUSSING.

YEAH, YOU WERE JUST. I'M JUST. YEAH, I'M JUST SHARING WITH YOU, SIR, BUT I HEARD YOU SAY IT ON. I HEARD YOU SAY IT ON THE MIC.

WE ALL HEARD YOU SAY IT ON THE MIKE.

THE PUBLIC HEARD YOU SAY IT ON THE MIC.

SO WE'RE HOLDING YOU TO THAT.

WE WANT TO SEE LIKE THE MAYOR'S LIKE THE CHAIR SAID, WE WANT TO SEE THIS DEVELOPS.

AND I BELIEVE SO AS WELL.

AND THIS IS WHAT THE COMMUNITY WANTED.

THE COMMUNITY CHOSE YOU OVER ON AT THE TIME.

SO WE'RE GOING TO STICK TO IT.

SO THAT'S ALL SHARE WHEN I WANTED TO ECHO THAT.

MR. TIMMONS, I THINK A LOT HAS TO DO WITH YOUR PRESENTATION AND YOUR CREDIBILITY WITH THIS BODY AS A WHOLE AND YOUR PARTNERSHIP WITH THE COMMUNITY THAT WE DIDN'T EVEN DISCUSS THAT PORTION OF IT, HOW YOU'VE PARTNERED WITH THE NEIGHBORS AND DISCUSS THE PROPERTY WITH THE NEIGHBORS. I THINK THAT GOES A LONG WAY.

WE WE SUPPORT THAT.

THAT'S PART OF THE PARTNERSHIP.

AT THE SAME TIME, WE WANT TO SEE THIS MATERIALIZE.

AND YOU'VE ALREADY CONFIRMED THAT.

SO. MADAM, YES, I WAS JUST SPEAKING WITH THEM, BUT YES, MA'AM.

OUR CITY ATTORNEY SORRY, WE WILL NEED YOU TO CLARIFY YOUR MOTION, IS IT ADOPTING A RESOLUTION AT THE PREVIOUSLY AGREED UPON ONE POINT NINE MILLION OR IS IT RESOLUTION AS WELL AS THE. I'M IN MY MOTION TO INCLUDE THE ONE POINT SEVEN MILLION.

AND AND DO WE STILL HAVE A SECOND? YES. I'VE GOT A MOTION AND A SECOND.

OH, YEAH, WE HAVEN'T VOTED.

YOU CONSIDER THAT VICE CHAIRMAN YOU MADE THE MOST.

NOW, I'M I'M HEARING WHAT THE DISCUSSION WAS REGARDING I'M LOOKING AT THE TIME AS WELL, HOW HE'LL ACTUALLY BE SPENDING MORE THAN 200000 FROM WHAT HE'S TELLING US, AND I DO THINK SO. SO I'LL STICK WITH MY MOTION.

COPY THAT AMENDED MOTION.

COPY THAT. I GOT A MOTION AND A SECOND.

ANY FURTHER DISCUSSION, COUNSEL OR COMMISSIONERS? YOU KNOW, I'M GOING TO CALL IT TO A VOTE, ALL IN FAVOR I ANY OPPOSE.

IT PASSES FOUR TO ONE.

AND HE REPORTS COMMISSIONERS'.

[COMMISSIONER REPORTS]

[00:25:05]

ALL RIGHT, I JUST WANT TO DISCUSS I KNOW MR. TIM HAS BROUGHT A BRIGHT LINE, BRIGHT LINES COMING THROUGH PALM BAY.

I FEEL BRIGHT LINE CITY OF PALM BAY COULD HAVE A STOP HERE WITH BRIGHT LINE WOULD BE IN THE BAYFRONT REDEVELOPMENT DISTRICT.

SO I ASK MYSELF, WHY NOT PALM BAY? I STARTED MAPPING IT OUT WHERE THEY WERE GOING FROM MIAMI TO ORLANDO.

THEY HAVE A STOP IN MIAMI, FORT LAUDERDALE, WEST PALM, FORT PIERCE, EVERY 50 MILES, 50 MILES FROM FORT PIERCE, NORTH AS PALM BAY.

SO I WAS WONDERING IF STAFF AND THIS WOULD AGREE OR AT LEAST DO SOME RESEARCH TO SEE IF BRIGHT LINE WOULD HAVE A STOP HERE IN PALM BAY IN THE REDEVELOPMENT DISTRICT.

PERHAPS ON OFF ORANGE BLOSSOM TRAIL OR SOMEWHERE NEAR NEAR WHERE MR. TIMMONS PROPERTIES ARE.

APOLOGIZE MY MICROPHONE ON.

WE WILL ENGAGE AGAIN WITH BRIGHT LINE AS THE TIME COMES.

WE HAD DONE THIS PREVIOUSLY IN ABOUT 2014, 2015, 2016, BUT AND WE UNDERSTAND THEY WILL LIKELY OPEN ANOTHER TIER STOP AT COKO, BUT WE WILL CONTINUE TO ADVOCATE ON BEHALF.

THANK YOU. I JUST WANT TO MENTION THAT PALM DOES HAVE THE LARGEST POPULATION IN BROWARD COUNTY. SO WE DO HAVE A LOT OF PLUSES HERE FOR STOP PALM BAY.

WELL, COMMISSIONER, THAT'S PART OF WHY WE'RE REALLY ENCOURAGED BY WHAT WOULD HAPPEN THAT THAT TYPE OF DEVELOPMENT MAY ATTRACT.

BUT WE HAD A BRIEFING SOMEHOW AT PALM BEACH CHAMBER AND IN AND OF THE EAST COAST.

PEOPLE TOUCHED ON THAT AND HOW THEY'RE MOVING FORWARD, TRYING TO ENGAGE WITH COCOA WITH.

YOU COMPLETE WITH YOUR.

ONE MORE THING. DO YOU WANT TO FORGET ABOUT PAUL AND GO WITH KOCHO OR CAN WE LEAVE? OH, NO, I'M JUST SAYING, OK, DOING WHAT THEY DO.

ALL RIGHT. WITH THE BRIEF YOU ON, WHAT WOULD THE COMMISSION BE OK TO EXPLORE AN IDEA FOR? ABSOLUTELY. ABSOLUTELY.

WE'RE GOING WITH IT. OK. ALL RIGHT.

MY LAST ITEM HERE, A FEW RESIDENTS BROUGHT UP REGARDING THE GRAFFITI AT 370 DIXIE HIGHWAY INTERSECTION OF KINGS WOOD AND DIXIE HIGHWAY WITH A HOTEL.

THE MOTEL IS CALLED SHORELINE MOTEL.

ANY UPDATE ON THAT? THE LAST UPDATE THAT I HAD IS THAT THEY WERE IN DISCUSSION WITH CODE OFFICERS TO CLEAN IT UP OR OTHERWISE BE CITED, MY UNDERSTANDING WAS THAT THEY WERE THEY HAD COMMISSIONED SOMEBODY TO GO OUT AND DO DEMOLITION WILL HAVE TO FOLLOW UP ON WHEN IF THEY ACTUALLY GOT A DEMOLITION CONTRACT AND WHEN THAT WOULD OCCUR, YOU WOULDN'T MIND SENDING ME AN EMAIL. AND THAT THIS HAS BEEN BROUGHT UP ABOUT FIVE OR SIX TIMES.

I JUST WANT TO CLOSE IT OFF AT A BLACK MARKET.

THANK YOU. MR. PA, REAL QUICKLY, SCHOOL STARTS TUESDAY WITH THAT IN MIND, AS A SCHOOL TEACHER, I GOT TO THROW THAT OUT THERE, MAKE SURE THE OTHER REPORTS COMMISSIONERS.

SO, YOU KNOW, THIS MEETING IS ADJOURNED.

* This transcript was compiled from uncorrected Closed Captioning.