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HomeMy WebLinkAbout394970 - MINUTES - CRA MINUTES OF WORKSHOP CITY OF DANIA BEACH COMMUNITY REDEVELOPMENT AGENCY MONDAY, JUNE 17, 2013 — 5:00 P.M. 1. Call to Order/Roll Call Chairman Duke called the meeting to order at 5:08 p.m. Present: Chairman: Walter B. Duke III Vice-Chairman: Albert C. Jones Arrived at 5:10 p.m. Board Members: Chickie Brandimarte Bobbie H. Grace Arrived at 5:08 p.m. CRA Executive Director: Jeremy Earle City Attorney: Thomas Ansbro CRA Secretary: Louise Stilson CRA Director Earle noted one bid was received and opened for the Dania Beach Boulevard Roadway Extension project, and the contractor did not meet the qualifications required. Additionally, the bid was significantly higher than the engineer's estimate for the project. The bid will be rejected and the project will immediately be put back out to bid. 2. Presentation Items 2.1 Dan Murphy—Economic Development Dan Murphy, Economic Development Director, gave an overview of the Economic Development presentation that was included in the agenda packet. Vice-Chairman Jones addressed the incubator initiative and the need for collaboration with others outside of the community. Dania Beach is a transportation hub and a marine-oriented industry; we must step outside our arena and bring others, such as developers and builders of boats, onboard. He spoke of collaboration with colleges and universities, job creation and retention, and incentives to enhance what we are trying to do. Chairman Duke noted his priorities for economic goals would be: create jobs (new and existing businesses), improve housing and neighborhood quality of life, and incubate new small businesses. 2.2 Elizabeth Wentworth—Creative Arts Council Advisory Board Overview Elizabeth Wentworth, Wentworth Creative Management, Inc., gave an overview of the Creative Arts Council presentation that was included in the agenda packet. Board Member Grace thanked the Creative Arts Council and the CRA for their efforts in bringing the Arts & Seafood Celebration to fruition. Board Member Brandimarte commented about making next year's event wheelchair and stroller accessible. Vice-Chairman Jones spoke about the significant contribution creative arts make in getting the community involved. 3. Discussion Items 3.1 Dania Beach 2014 Arts and Seafood Celebration Draft Budget CRA Director Earle noted last year's budget was approximately $57,000.00; the actual cost of the celebration was approximately $67,000.00. The proposed budget for next year is $77- 78,000.00, which takes into account comments made by the CRA Board. He added this budget is more accurate now that certain things are known from holding the first event and explained the line item for the celebration in the overall CRA budget. Responding to Chairman Duke, CRA Director Earle said the increased budget is attributable to costs associated with sound, light, stage, and insurance costs. Board Member Brandimarte questioned beverage costs and disposition of associated sales q g P proceeds. Board Member Grace addressed additional tables and chairs, and cleanup costs. CRA Director Earle responded the CRA has budgeted $1,000.00 for cleanup costs and the City is also going to budget for this, as an in-kind contribution. Vice-Chairman Jones questioned whether a walk or a run from the beach to kick off the event could be added. Additionally, perhaps we could investigate ways of getting complimentary beverages or donations for their costs. CRA Director Earle noted the team in place is very good and would work extremely hard to get moresponsorships for next ear's event. Y Chairman Duke commented about the follow-up meeting held after this year's event and noted for the first couple of years, the events are expected to break-even; events thereafter should be profitable. Minutes of Workshop 2 Dania Beach Community Redevelopment Agency Monday,June 17,2013—5:00 p.m. 3.2 Dania Beach CRA Financing and Implementation Plan 2014-2018 CRA Director Earle referenced the handout provided to the Board, which updated the CRA Financing and Implementation Plan that was included in the agenda packet, and gave an overview of the revenues and expenditures line items. Commissioner Grace asked about the status of road improvements that were to be funded by Broward County. Mike Moskowitz, CRA Legal Counsel, responded those funds were forfeited back to the County Redevelopment Capital Improvement Program because they were unable to be utilized within the timeframe under the agreement. CRA Director Earle explained how the County shifted $21 million from the old program to the new Broward Redevelopment Program and noted we will be very aggressive going after new funding. 4. Adjournment Chairman Duke adjourned the meeting at 6:27 p.m. ATTEST: COMMUNITY D VELOPMENT AGENCY LOUISE STILSON, CMC WALTER Fr DUKE III CRA SECRETARY CHAIRMAN—CRA Approved: August 7, 2013 DANIA BEACH COMMUNITY REDEVELOPMENT AGENCY' Minutes of Workshop 3 Dania Beach Community Redevelopment Agency Monday,June 17,2013—5:00 p.m. Cityof Dania Beach Community Redevelopment Agency y Prepared by: Office of the Executive Director 100 W. Dania Beach Blvd. Dania Beach, FL 33004 Phone (954)924-6800 x3732 Fax(954)921-2604 www.ci.dania-beach.fl.us Business Retention Program I[:: DANIABEACH COMMUNITY REDEVELOPMENT AGENCY "Stimulating redevelopment activity in order to strengthen the Economic base of the redevelopment area" DRAFT Business Retention Program 2 Situation The City of Dania Beach registers some 2,200 private businesses which are the source of employment and livelihood for its citizens. Enterprises like the Design Center of the Americas, Dania Jai Alai, Derecktor Boatyards and Grampa's help define an image for Dania Beach as well. It must be acknowledged that private businesses are driven by a profit motive and have been challenged during the long recent downturn in the national economy—challenged to survive and retain employees. The ability of municipalities to address business concerns quickly,decisively and in an accommodating way today influences site selection decisions. It is enough of a factor that,many business owners are moving to sites they perceive to be more business friendly. Accordingly,one role of Dania Beach Community Redevelopment agency(CRA) has become ombudsman and de facto spokesperson for business interests,helping them to address issues vital to their businesses. In addition,the CRA's charter makesit a local source d information regarding federal, state,county and local incentives and business retenton programs and a`pirticipant in the process of accessing government services. The CRA's business retention activities can be broadly grouped into four primary areas: maintaining a data base of Dania Beach businesses and periodica#y contacting them via meetings and printed media; administering the Enterpt Zone,Brownfield redevelopment program and other business incentives as local coordinator; helping totn t to applications for grants, incentives, permits and other business requirements;anti advocating,as'appropriate and required,when circumstances require intervention to prevent closure or relocati >!tt of businesses away from the municipality. It should be recognized,that in ped' ,mance of lts4luties since inception,the Dania Beach CRA has participated in the visioning, planning',,rezoning, streamlined pernititing and other processes that have modernized and created the city's business friendly c.Nracteristics today. In recognition of specific business sectors such as rnaWlne industry, retail, design related wholesale,tourism, transportation/loigistics,the CFI has Otsued,afid supported broader initiatives such as bridging on the Dania Cut Canal that"vo id expari4 veral exist ngbusinOsses as well as attracting new investors and employers to the city upstream. To this end the CRA maintains C-level contact with major employers and participates in industry association activities. Objective Distinguish Dania Beach as,a city poised to encourage the growth of its business enterprises. Strategy • Maintain close contact with Dania Beach business community needs • Proactively administer programs and facilitate business initiatives that create employment growth opportunities • Lead sectoral improvements to increase employment and tax base Business Retention Program 3 Implementation 1. Business Contact • Business Data Base. The city has a confidential report of all licensed businesses and receives monthly updates. The CRA has reviewed the database,eliminated duplicates,categorrzeti businesses within sectors and otherwise organized and made more usable the listingbf businesses. The list itself is useful'in prioritizing retention activities and it is used by the CRA to create mailing lists to survey business opinions and to invite owners and managers to CRA-sponsored functions. • Annual Merchant Meeting. The Dania Beach CRA hosts an annual meeting, invitinga,11 business owners to attend. The informational meeting provides practical information about programs such as Enterprise Zone or brownfield redevelopment,that incept expanding businesses.'The agenda is based on feedback from owners and may also includes expert advice" t,tppics such as,using social media in marketing programs, sources of finance.etc.. The annual meeting,prouides a forum for two-way dialog about business opportunities and concerns and has,proven,an excellent source of new ideas for CRA activity. • Quarterly Meeting. Starting in 2013 the CRA will hold quarterly working meetings to address a checklist of specific business owner issues. The open public meetings will be regularly scheduled with joint leadership comprising,the CRA Economic Development Manager and a private sector executive. Subject matter will be developed from the survey of business responses. Speakers will be engaged, when appropriate,and comments taken from attendees. Summaries of each meeting will be sent electronically to businesses that apt to receive the notices. • CEO Council. By 2014 the CRA will form a council of chief executive officers of companies located in Dania Beach. In recent years economic gardening research has shown that the CEOs of stage 1 and stage 2 companies(from 1-10 employees and 11-100 employees) are the most prolific job creators but,due to experience gaps,are also the most likely to fail in business. The Dania Beach CRA will endeavor to attract a group of CEOs of leading employers in the city and organize a series of private, confidential meetings. Each meeting will offer the opportunity for social interchange as well as professional advancement from renowned authorities. Business Retention Program 4 • Sector Breakfasts. Dania has established business sectors such as the marine industry,tourism,artists galleries, antique and vintage shops. The CRA economic development manager has offered to host breakfast meetings with representatives from each sector to develop an action plan nourishing the growth of the business sector. Minutes will be made of each sector meeting and the CRA will review comments and determine steps that may be taken to stimulate growth and help the businesses. • E Newsletter. The CRA regularly publishes a newsletter focusing on bus�55related news in Dania Beach. The newsletter announces upcoming events to allow businesses to 601in with them. It also tracks business milestones,covers recipients of facade and merchant grants and reports on community happenings. • SBDC Workshops. The CRA hosts Small Business Development Counsel v►grkships as a service to small business owners. The most fundamental SBDC service is business plan writing and often micro-businesses are launched with either no plan or a hastily sketched business concept. The SBDC has a variety of programs and also offers one-on-one couaselingftw business owners at no costs. 2. Incentive coordination • Enterprise Zone Tax Credits. The Dania Beach CRA boundary,arid the,gity's two Enterprise Zone districts coincide. The economic development manager is EZ coordinator with Broward`County to process applications. Businesses in the zone employing two or more EZ residents are eligible for sales tax rebates up to$5,000 on construction materials or new equipment purchases. C-corporations can claim rebates against corporate income tax. If the expansion results in new employees,the businesses may also be eligible for salary credits and training dollars. Statewide Enterprise Zone incentives are underutilized by eligible companies and they become a component of business retention. • Brownfield Redevelopment Bonus Refund. An extensive brownfield zone resolution was passed in Dania Beach. Pre-approved applicants creating employment in brownfield areas may receive a tax refund equal to 20 percent of the average annual wage of the new jobs created up to a maximum of$2,500 per new job. The CRA administers the application process in coordination with Broward County and the State of Florida. Business Retention Program 5 • Workforce One. Businesses seeking new employees enjoy the full support of Workforce One in Broward County, including a statewide job listing service by specialty and offices fully staffed to help employers recruit,screen and train prospective employees. The CRA can assist Dania Beach businesses with significant new employee needs to determine if they are eligible for job training dollars and other financial incentives. • Facade and Merchant Grants. The CRA directly administers two grant programs that provide funding for beautification of business interiors and exteriors. Three facade or exterior$rolnts are funded annually up to$20,000 each: applications are judged on a point system and avrardees partner with the`.CRA 1:4 to perform fully- permitted improvements using licensed contractors. As many as 3 merchant or interior grants are also funded annually up to$15,000: applications are approvec#directly by the CRA board of directors. 3. Facilitation • State incentive programs. The Florida Legislature authorized$45 million in total financial incentives for private companies creating new high paying jobs in the state during 2013. These include qualified target industry(QTI) and qualified defense and space contractor(QDSC)tax refund programs,capital investment tax credit(CITC) and high impact performance incentive grants(HIP[);workforce programs such as the quick response training(QRT)and incumbent worker training(IWT) programs; infrastructure incentives such as the economic development transportation (Road Fund) program;and several special opportunity incentives. The CRA will counsel businesses meeting the job creation criteria and assist in the timely writing and processing of applications. • Grant preparation and support Dania Beach businesses may become eligible for a wide range of grants and support programs. The CRA maintains files and databases of related economic development support information as well as access to federal and state agencies providing customized data. The agency works with business owners to identify and apply for grants, obtaining endorsements, permits and other related documentation. The City of Dania Beach and the CRA, itself, are periodically eligible for economic development related grants and in those instances the CRA will engage private business leadership to endorse and support the grant applications and bring additional funds to the city. Business Retention Program 6 • Financial Programs The CRA recognizes that successful businesses must finance growth initiatives and will function as clearinghouse of information related to the various sources of business capital. These include: o SBA 7A and 504 loans. The U.S.Small Business Administration annually awards billions of dollars to businesses. The CRA maintains contact with the SBA and intermediaries to provide local businesses background information on working capital and capital expansion loans offered by the administration. " loans often have interest rates and repayment terms that compare favorably withltoo bank finance and the CRA will help applicants assemble the requisite bacrounct trrmation and business plan. o Structured finance. The CRA maintains contact with public-private programs such as New Market Tax Credits, EB-5 foreign investor financing�ond Export;report Bank programs. The agency is prepared to help qualified_local businessesex 'the applicability ofprograms to their own operations and conriect,them with ban4ot other entities capable of structuring expansion capital deals. o Strategic Investment Fund. The Citypf Dania B#ach created a stratej 'investt nt fund to support major job creation initiatives. the CRA,thro hl jts involvement with facade and merchant grants, is deeply ex Iperienced.fin evaluating tie feasibility of such projects and helping businesses assertible t ie app cation and support documentation needed to successfully apply. Moreover,CIA involvemei nt will help place the application in the greater context of development in the City. o Industrial Revenue Bond. Projects of major scope or involving millions of dollars of financing may be addressed through industrial revenue bonds or other financial alternatives that require public endorsement of the private initiative. The Dania Beach CRA enters confidential agreements to explore the feasibility of such projects, identify potential partners and document terms and conditions as the deals are being developed. Business Retention Program 7 • Permits Dania Beach has moved to the vanguard of Broward municipalities in recent years, rezoning and creating a single building code to attract new commercial ventures and benefit existing businesses. The CRA has been an integral partner during the entire process, has funded and driven projects such as the Federal Highway beautification program and led efforts to create new sources of employment. Businesses contemplating expansion can draw on this proactive counsel at no cost: o Orientation to process,timing, costs etc. Early if�%development process it is often useful to discuss tentative plans with an authore and confidential source before selecting final alternatives, initiating applicatfohs, 04yft fees and starting the clock running. o Review for expediting potential. Dania Beach was one of the first Broward County cities to adopt expedited permitting policies.Jhe CRA is an excellent resource in preparing and timing administrative actions to elim3n e 0w re delays in the process. o Coordinate plan review meeting. Successful deve1lo'pments start with everyone on the same page. CRA will assure you'll be prep*red at the{1 r review meeting with a checklist ot'str',6 1,fire safety,electr pl #aing and, mechanical requirements and, lik6wise,the proper regulatory 0 d approval' orities may be present to initiate review and resolve any potential problems. 4. Advocacy • Municipal Workshop The prolonged effects of the national recession have impacted many Dania Beach businesses adversely and several have expressed frustration that the City or the CRA have not done more to support them. The CRA has proposed a series of workshops with the City Commission and with City staff to mention legitirnate comments and explore solutions. Prior to discussion in open public forum CRA staff will meet informally with the business community and offer whatever solutions are at first hand. In this way the CRA becomes ombudsman for business with a deep understanding of their issues. Implicit is the mutual confidence to counsel business owners on problems that are beyond the scope of city and CRA assistance. In some cases the businesses themselves will be responsible for corrective actions but the CRA can find assistance from the Broward County Small Business Development Council (SBDC),Workforce One or other source. Once true issues are identified and broadly endorsed by senior business executives,the CRA will work with Dania Beach staff to develop long term solutions and find the resources to resolve them. At this point the issues will be presented at workshop for commission approval. Business Retention Program 8 • Community Outreach As the economic development activities of the CRA happen and redevelopment begins to occur,the agency will conduct presentations to neighborhood groups,service clubs and other community organizations to explain matters and gather input. The CRA will maintain a presentation that explains its own redevelopment and marketing plans in simple, understandable form. It will schedule periodic presentations as requests are received. To the degree possible the CRA will identify a group of community ambassadors and schedule update meetings with them. The electronic newsletter will continue to feature updates as soon disclosure is possible. • Corporate Presentation Frequently a branch manager or facility director foraAarge corpora ttain has difficulty communicating effectively with senior management and is ineffective when there is talk:of staff reduction or closing. In anticipation of this situation,the CRA will deV61op an impactful presentation worthy of major corporate CEO and CFO attention. The presentation will anticipate corporate needs and present financial and non-financial incentives for remaining in'the city11 ' Whenever a situation presents itself, the CRA will create a presentation team comprising elected dfficials, Broward County business leaders and others to travel to the corporate headquarters and make the presentation on behalf of local management. • Peer Forum Owners of small and medium sized businesses often are besieged by challenges that executives from other businesses are facing at theme time. Using the materials generated in Florida's economic gardening initiative,the a4rvia aekhtkkwill host a peer forum for business owners in the city. InitiaRy the agency v tt!_identfiy"and survey business owners, identifying leading influencers in each sector and the issues that most concern them. The CRA will bring in speakers and research the topics,presenting them in tailored informal sessions that allow ample opportunity for interchange and frank, collegial dialog. Each peer forum will result in an action plan that involves and benefits businesses in ba,nia Beach. • Industry/Association Initiatives Particularly small and medium sized businesses depend upon vertical and horizontal industry associations to help address serious issues beyond their control. Dania Beach CRA will participate actively in the primary industry associations of businesses in the city, assuming a leadership role where necessary and possible. The CRA representative will provide a two-way function,expressing the point of view of businesses in Dania Beach to the greater association and assimilating information from the greater association for local members. If the issues are substantive, Dania Beach CRA will take the initiative scheduling workshops or national meetings in Dania Beach to address them. Prepared by. City of Ala Office W. the 13ce Director 100 W.Dania Beach Blvd. Dania Beach,FL 33004 Phone(95A) x3732�mmun � � Fax(954)921-2604 www.ci.dania-beach.fl.us Financing and Impleme-A.A ion Plan (2014�2018) DANIABEACH COMMUNITY REDEVELOPMENT AGENCY "St mahz&irk wdeve&pmemd ac&A*at ea"to efww#Hm de eeaimm,k base ol44e wdevekpmewl area» DRAFT 1 06/17/2013 Dania Beach Community Redevelopment Agency DANtA�ACN Financing and Implementation Plan Summary Statement by Project(1) Source (Revenue) Carryforward Carryforward of FY 2013 Project Appropriations $ 652,752 $ 652,752 Total Estimated Carryforward Balances $ 652,752 ' $ 652,752 Revenues Tax Increment Revenue(TIR)Allocation $ $ $ $ $ Community Event Revenues $ 70,000 ' 35,000 35,000 Intergovernmental Funding Broward County: Other(unencumbered) $ 750,000 300,000 150,000 150,000 150,000 City of Dania Beach: Contribution in-lieu of TIR(general) $ 4,110,750 822,150 822,150 822,150 822,150 822,150 Contribution in-lieu of TIR(cost allocation plan) $ 1,418,290 279,170 279,170 284,750 284,750 290,450 Investment Earnings $ 8,200 2,000 1,800 1,600 1,400 1,400 Total Forecasted Revenues $ 6,357,240 1 $ 1,138,320 $ 1,438,120 $ 1,258,500 $ 1,258,300 $ 1,264,000 Total Sources $ 7,009,992 $ 1.791,072 $ 1,438,120 $ 1,258,500 $ 1,258,300 $ 1,264,000 Use (Expenditures) Expenditures Operations Dedicated Personnel Allocation(3 full-time positions) $ 2,053,020 $ 371,540 $ 390,120 $ 409,630 $ 430,110 $ 451,620 Operating Expenses $ 1,457,960 364,880 268,170 271,520 274,940 278,450 City Cost Allocation Plan(transfer to General Fund) $ 1,418,290 279,170 279,170 284,750 284,750 290,450 Subtotal-Operations $ 4,929,270 $ 1,015,590 $ 937,460 $ 965,900 $ 989,800 $ 1,020,520 Sub Area Initiatives Streetscape Enhancements $ 75,000 s $ 75,000 $ $ $ $ Infrastructure Improvements $ Redevelopment Initiatives/Business Development $ 620,000 170,000 150,000 100,000 100,000 100,000 Parks and Open Space $ 100,000 100,000 - - - - Community Oriented Policing $ 30,000 30,000 Consultants,Professional/Design Services,etc. $ Marketing and Public Relations $ 235,000 15,000 70,000 50,000 50,000 50,000 Other . $ 230,000 115,000 115,000 Subtotal-Sub Area Initiatives $ 1,290,000 $ 505,000 $ 335,000 $ 150,000 $ 150,000 $ 150,000 Total Forecasted Expenditures $ 6,219,270 $ 1,520,590 $ 1,272,460 $ 1,115,900 $ 1,139,800 $ 1,170,520 Reserve Redevelopment Project Contingency $ 790,722 $ 270,482 $ 165,660 $ 142,600 $ 118,500 $ 93,480 Total Forecasted Reserves $ 790,722 $ 270,482 $ 165,660 $ 142,600 $ 118,500 $ 93,480 Total Uses $ 7,009,992 $ 1,791,072 $ 1,438,120 $ 1,258,500 $ 1,258,300 $ 1,264,000 Surplusl(Deficit) (1)Readers should refer to the Supporting Schedules for detailed information involving miscellaneous operating expenditure forecasts and Source &Use Statements for each Sub Area that specify the individual projects and associated funding sources. DRAFT 2 06117/2013 Dania Beach Community Redevelopment Agency DAN I A DEACN Financing and Implementation Plan Summary Statement by Sub Area (1) ProposedTotal Investment Source (Revenue) Carryforward Carryforward of FY 2012 Project Appropriations $ 652,752 $ 652,752 Total Estimated Carryforward Balances $ 652,752€ $ 652,752 Revenues Tax Increment Revenue(TIR)Allocation $ -€ $ $ $ $ $ Community Event Revenues $ 70,000 ' 35,000 35,000 Intergovernmental Funding Broward County: Other(unencumbered) ` $ 750,000? 300,000 150,000 150,000 150,000 City of Dania Beach: Contribution in-lieu of TIR(general) $ 4,110,750 ! 822,150 822,150 822,150 822,150 822,150 Contribution in-lieu of TIR(cost allocation plan) $ 1,418,290 279,170 279,170 284,750 284,750 290,450 Investment Earnings $ 8,200 € 2,000 1,800 1,600 1,400 1,400 Total Forecasted Revenues $ 6,357,240 $ 1,138,320 $ 1,438,120 $ 1,258,500 $ 1,258,300 $ 1,264,000 Total Sources $ 7,009.992 $ 1,791,072 $ 1.438,120 $ 1,258,500 $ 1,258,300 $ 1,264,000 Use (Expenditures) Expenditures Operations Dedicated Personnel Allocation(3 full-time positions) $ 2,053,020 $ 371,540 $ 390,120 $ 409,630 $ 430,110 $ 451,620 Operating Expenses $ 1,457,960 364,880 268,170 271,520 274,940 278,450 City Cost Allocation Plan(transfer to General Fund) $ 1,418,290 279,170 279,170 284,750 284,750 290,450 Subtotal-Operations $ 4,929,270 $ 1,015,590 $ 937,460 $ 965,900 $ 989,800 $ 1,020,520 Sub Areas City Center $ 745,000€ $ 160,000 $ 285,000 $ 100,000 $ 100,000 $ 100,000 College Gardens $ 65,000 65,000 - - - - Dania Beach Heights $ 25,000 25,000 East Federal Highway $ 200,000 50,000 50,000 50,000 50,000 Marine $ Sun Garden Isles $ 85,000€ 85,000 West Bryan Road $ - Agency Wide $ 170,000 170,000 Subtotal-Sub Area Initiatives $ 1,290,000 1 $ 505,000 $ 335,000 $ 150,000 $ 150,000 $ 150,000 Total Forecasted Expenditures $ 6,219,270 $ 1,520,590 $ 1,272,460 $ 1,115,900 $ 1,139,800 $ 1,170,520 Reserve Redevelopment Project Contingency $ 790,722 $ 270,482 $ 165,660 $ 142,600 $ 118,500 $ 93,480 Total Forecasted Reserves $ 790,722 $ 270,482 $ 165,660 $ 142,600 $ 118,500 $ 93,480 Total Uses $ 7,009,992 $ 1,791,072 $ 1,438,120 $ 1,258,500 $ 1,258,300 $ 1,264,000 ■- Notes: (1)Readers should refer to the Supporting Schedules for detailed information involving miscellaneous operating expenditure forecasts and Source $Use Statements for each Sub Area that specify the individual projects and associated funding sources. DRAFT 3 06117/2013 f9l� Dania Beach Community Redevelopment Agency `041A'�LACH Financing and Implementation Plan Supporting Schedule - City Center Sub Area Source & Use Proposed Forecasted Forecasted •. 0 : Source(Revenue) Tax Increment Revenue(TIR)Allocation ( $ $ $ $ $ Community Event Revenues $ 70,000 35,000 35,000 Intergovernmental Funding Broward County: Other(unencumbered) $ 550,000 !. 250,000 100,000 100,000 100,000 Carryforward Fund Balance $ 125,000 125,000 Total Sources $ 745,000 s$ 160.000 $ 285,000 $ 100,000 $ 100,000 $ 100,000 Use(Expenses) Redevelopment Initiatives/Business Development Redevelopment Initiatives/Business Development $ 280,000 ?$ 30,000 $ 100,000 $ 50,000 $ 50,000 $ 50,000 Marketing and Public Relations $ 235,000 ` 15,000 70,000 50,000 50,000 50,D00 Other Community Festival 'i $ 220,000 110,000 110,000 Vintage Motorcycle Show Festival ` $ 10,000 5,000 5,000 Total Uses ;$ 745,000 j$ 160,000 $ 285,000 $ 100,000 $ 100,000 $ 100,000 DRAFT 4 06/17/2013 Dania Beach Community Redevelopment Agency Financing and Implementation Plan Supporting Schedule - College Gardens Sub Area Source & Use Source(Revenue) Tax Increment Revenue(TIR)Allocation Carryforward Fund Balance € ; 65,000 65,000 Total Sources •:$ 65,000 ; 65,000 ; $Use(Expenses) Streetscape Enhancements Gateway Signage $ 25,000 s $ 25,000 $ $ $ $ Sidewalks and Crosswalks $ Parks and Open Space Park Improvements/Community Garden = ; 40,000 40,000 Total Uses ; 55,000 1$ 65,000 $ - $ - $ ; DRAFT 5 06/17/2013 Dania Beach Community Redevelopment Agency Financing and Implementation Plan Supporting Schedule - Dania Beach Heights Sub Area Source & Use Source(Revenue) Tax Increment Revenue(TIR)Allocation € $ $ $ $ $ $ Carryforward Fund Balance I $ 25,000 25,000 Total Sources 1$ 25,0001$ 25,000 $ $ $ - $ - Use(Expenses) Streetscape Enhancements Gateway Signage I $ 25,000 ''$ 25,000 $ $ $ $ Total Uses 1 $ 25,000 1$ 25,000 $ $ - $ - $ 6 06/17/2013 �} Dania Beach Community Redevelopment Agency DwNIA6CAiCH Financing and Implementation Plan Supporting Schedule - East Federal Highway Sub Area Source & Use Source(Revenue) Tax Increment Revenue(TIR)Allocation $ S $ $ $ Intergovernmental Funding Broward County: Other(unencumbered) $ 200,000 50,000 50.006 50,000 50,000 Total Sources $ 200,000 $ $ 50,000 $ 50.000 $ 50,000 $ 50,000 Use(Expenses) Redevelopment Initiatives/Business Development Redevelopment Initiatives/Business Development $ 200,000 !. $ $ 50,000 $ 50,000 $ 50,000 $ 50,000 Total Uses $ 200,000 $ $ 50,000 $ 50,000 $ 50,000 $ 50,000 DRAFT 7 06/17/2013 Dania Beach Community Redevelopment Agency DAIVIA6FACH Financing and Implementation Plan Supporting Schedule - Sun Garden Isles Sub Area Source & Use Source(Revenue) Tax Increment Revenue(TIR)Allocation $ $ $ $ $ Carryforward Fund Balance $ 85,000 ' 85.000 Total Sources $ 85,000 1$ 85,000 $ $ Use(Expenses) Streetscape Enhancements Gateway Signage $ 25,000 $ 25,000 $ 8 $ $ Parks and Open Space Park Improvements/Community Garden $ 60,000 60,000 Total Uses $ 85,000 .$ 85,000 ,: 8 06/17/2013 Dania Beach Community Redevelopment Agency pAN1AbtACH Financing and Implementation Plan Supporting Schedule - Agency Wide Source & Use Source(Revenue) Tax Increment Revenue(TIR)Allocation $ $ $ $ $ $ Carryforward Fund Balance $ 170,000 ' 170,000 Total Sources ' $ 170,000 $ 170,000 Use(Expenses) Redevelopment Initiatives/Business Development Fagade Improvement Assistance $ 70,000 $ 70,000 $ $ $ $ Merchant Assistance $ 70,000 70,000 Community Oriented Policing $ 30,000 30,000 Other Total Uses $ 170,000 $ 170,000 RzL F 9 06/17/2013 Dania Beach Community Redevelopment Agency QANiAREACH Financing and Implementation Plan Supporting Schedule - Miscellaneous Operating Expenditures •11 A I bwrlb Growth Assumptions 2.00% 2.00% 2.00%�200% Professional Services € $ 600,000 $ 200,000 $ 100,000 $ 100,000 $ 100,000 $ 100,000 Professional Services(legal) $ 442,330 85,000 86,700 88,430 90,200 92,000 Contractual Services ' $ 208,170 40,000 40,800 41,620 42,450 43,300 Traveffraining $ 31,210 6,000 6,120 6,240 6,360 6,490 Communications(cell phones,etc.) $ 11,900 1 2,280 2,330 2,380 2,430 2,480 Postage $ 16,660' 3,200 3,260 3,330 3,400 3,470 Printing&Binding $ 26,010€ 5,000 5,100 5,200 5,300 5,410 Legal&Display Advertisements $ 33,830 6,500 6,630 6,760 6,900 7,040 Office Supplies $ 41,6301 8,000 8,160 8,320 8,490 8,660 Operating Supplies(miscellaneous) $ 6,210 1,200 1,220 1,240 1,260 1,290 Operating Supplies(software maintenance) i $ 7,800 1,500 1,530 1,560 1,590 1,620 Subscriptions&Publications i $ 3,600 ; 700 710 720 730 740 Memberships $ 28,610 1 5,500 5,610 5,720 5,830 5,950 Total $ 1,457,960 S 364,880 $ 268,170 $ 271,520 $ 274,940 $ 278,450 DRAFT 10 06/17/2013 Dania Beach Community Redevelopment Agency FY 2014 Budget Exhibit B (Summary) FY 2013(as of 4/30/2013 closed month) FY 2014 H I )=H+ Amended Total Capital Est. 2014 Budget FY 2014 Carryforward from Appropriation FY 2013 Transfers& Account Account Description Budget Revenues Amendments Budget Fund Balance(beginning of year) Fund 106-Community Redevelopment Agency REVENUE Department 00-Revenues Division 00-Non-Dep. 361-10-01 Interest and Other Earnings Interest Operating Interest 2,000.00 4,637.24 2,000. 2,000.00 369-90-00 Miscellaneous Revenues:Seafood Festival - 36,139.00 35,000. 35,000.00 Other Sources:Non-Operating Transfer from General 381-00-01 Fund(operations) 822,150.00 822,150.00 822,150. 822,150.00 Other Sources:Non-Operating Transfer from General Fund(Cost Allocation Plan) 279,170.— 279,170.00 Other Sources:Non-Operating Transfer from General Fund(Projects) 384-00-00 Debt Proceeds - - Other Sources:Non-Operating Re-Appropriations 389-90-01 Appropriated Fund Balance 111705,478.00 - 406,866.00 245,886.0 652,752.00 REVENUE TOTALS1 2,529,628.00 862,926.2 406,866.00 1,384,206.00 1,791,072.00 i Draft 1 06/17/2013 i FY 2013(as of 4/30/2013- closed month) FY 2014 H 1 - . Amended Total Capital Est 2014 Budget FY 2014 Appropriation Encumbrances/ Carryforward from Transfers& FY 2013 Amendments Account Account Description Budget Expenses Budget EXPENSE Department 52-CPA Division 01-Admin Activity 552-Industry Development 12-10 Salaries and Wages Full-Time 237,663.00 237,665.43 246,046.00 245,046.00 12-13 Salaries and Wages Expense Allowance - - _ 6,000.00 6,000.00 1+10 Overtime Regular 2,091.89 - - 15-15 Special Pay(Accrued Leave) 5,222.37 - 21-10 FICA Taxes 14,505.00 14,505.00 15,111.00 15,111.00 21-20 FICA Medicare 3,534.00 3,534.00 3,655. 3,655.00 22-10 Retirement Contributions City Pension - - 22-20 Retirement Contributions FRS Pension 13,586.00 13,586.00 25,360.00 25,360.00 22-30 Retirement Contributions Deferred Comp.Match 4,386.00 4,386.0 8,282.00 8,282.0 23-10 Life and Health Insurance 80,512.00 80,512.00 65,708.00 65,708.00 24-10 Workers'Compensation Premium 1,331.00 1,331.00 1,378.00 1,378. 00 31-10 Prof.Services General 258,702.00 200,702.00 200,000.00 200,000.00 31-20 Prof.Services Legal 85,000.00 85,000.0( 85,000.00 85,000.00 34-10 Contractual Services General 73,238.00 73,238.00 40,000.00 40,000.00 40-10 Travel and Per Diem Training and Per Diem 6,000.00 6,000.0 6,000.00 6,000. 00 40-20 Travel and Per Diem Expense Allowance - 3,495.1 41-10 Communications Services Telephone 1,800.00 1,800.00 2,280.00 2,280. 42-10 Freight&Postage Services Freight&Postage 3,200.00 3,200. 3,200.00 3,200. 47-10 Printing and Binding General 7,000.00 3,700.0 5,000.00 5,000.0 Other Current Charges/Obligations Legal&Display 49-20 Advertising 6,500.00 3,500.00 6,500.00 6,500.0 51-10 Office Supplies General 8,000.00 5,000.0 8,000.00 8,000. 52-20 Operating Supplies Miscellaneous 1,200.00 100.00 1,200.00 1,200. 52-30 Operating Supplies Software 1,500.00 1,328.8 1,500.0 1,500. Books/Publications,Memberships,Subscriptions Books& 54-10 Subscriptions 700.00 700. 700.00 700. Books/Publications,Memberships,Subscriptions 54-20 Memberships 5,500.00 4,666. 5,500.00 5,500. 64-30 Machinery and Equipment - 91-00 Intragovemmental Transfers Out General Fund 261,867.00 261,867. 279,170.00 279,170. 00 91-35 Intragovemmental Transfers Out Capital Projects Fund 8,060.00 8,060. 99-80 Other Uses Reserve for CRA 153,897.00 270,482.00 270,482.00 Division 01-Admin Totals 1,237,681.00 1,025,190.71 1,286,072.00 1,286,072.00 Division 02-City Center Activity 552-Industry Development 31-40 Prof.Services CRA-General - - 31 11 Prof.Services CRA-Markedng/PR 36,000.00 29,163.13 6,837.00 8,163.00 15,000.0 31-42 Prof.Services CRA-Redevelopment Initiatives 52,597.00 25,597.00 27,000.00 3,000.00 30,000.00 48-10 Promotional Activities General 127,000.00 95,547.17 31,453.00 83,547.00 115,000.00 62-10 Infrastructure CRA Buildings - 63-41 Infrastructure CRA Streetscape Enhancements 63-42 Infrastructure CRA Landscaping Enhancements " Division 02-City=Cc--Eater,otals 215,597.00 150,307.30 65,290.00 94,710.00 160,000.00 Draft 2 06/17/2013 FY 2013(as of 4/30/2013- closed month) FY 2014 H I Amended Total Capital Est 2014 Budget FY 2014 onward from Appropriation Car Encumbrances/ ryf Transfers& Account Account Description Budget Expenses FY 2013 Amendments Budget EXPENSE Division 03-College Gardens Activity 552-Industry Development 31-10 Prof.Services General 31-42 Prof.Services CRA-Redevelopment Initiatives 63-10 Infrastructure Improvements other than Bldgs. - " 63-41 Infrastructure CRA Streetscape Enhancements 142,419.00 142,419.00 (117,419.00) 25,000.00 63-42 Infrastructure CRA landscaping Enhancements - 63-43 Infrastructure CRA Parks Improvements 40,000.00 40,000.00 40,000. Division 03-College Gardens Totals 182,419.00 182,419.00 (117,419.00) 65,000.00 Division 04-Dania Beach Heights Activity 552-Industry Development 31-10 Prof.Services General 29,420.00 29,420. - 63-41 Infrastructure CRA Streetscape Enhancements 50,000.00 50,000.00 (25,000.00) 25,000. 00 63-42 Infrastructure CRA landscaping Enhancements - 63-44 Infrastructure CRA Neighborhood Beautification 174,670.00 174,670.00 Division 04-Dania Beach Heights Totals 254,090.00 204,090.00 50,000.00 (25,000.00) 25rOOO.00 Division 05-East.Federal Highway Activity 552-Industry Development 31-42 Prof.Services CRA-Redevelopment Initiatives 63-10 Infrastructure Improvements other than Bldgs. Division 05-East Federal Highway Toi-i Division 06-Marine Activity 552-Industry Development 31-10 Prof.Services General Division 06-Marine Totals - - Division 07-Sun Garden Isles Activity 552-Industry Development 31-10 Prof.Services General 5,000.00 5,000.00 - - 63-41 Infrastructure CRA Streetscape Enhancements 220,000.00 220,000.00 25,000.00 25,000. 00 63-42 Infrastructure CRA Landscaping Enhancements - 63-43 Infrastructure CRA Parks Improvements 90,000.00 57,618.20 32,382.00 27,618.00 60,000. 00 63-44 Infrastructure CRA Neighborhood Beautification 51,566.00 51,566.00 - - Division 07-Sunny Garden Isles Totals 366,566.00 334,184.2C 32,382.00 52,618.00 85,000. Division 08-City-Wide Activity 552-Industry Development 31-10 Prof.Services General 31,000.00 15,000.00 16,000.00 14,000.00 30,000. 00 31-42 Prof.Services CRA-Redevelopment Initiatives 242,275.00 181,500.00 60,775.00 79,225.00 140,000.00 99-80 Other Uses Reserve for CRA - - Division 08-City-Wide Totai 273,275.00 196,500.00 76,775.00 93,225.00 170,000.00 EXPENSE TOTALS 2,529,628.00 1,910,272.21 406,866.00 1,384,206.00 1,791,072.00 Fund 106-Community Redevelopment Agency Totals REVENUE TOTALS 2,529,628.00 862,926.2 406,866.00 1,384,206. 1,791,072.00 EXPENSE TOTALS 2,529,628.00 1,728,722.39 406,866.00 1,384,206.00 1,791,072.00 Fund 106-Community Redevelopment Agency Totals - (865,796.15) Draft 3 06/17/2013