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02/04/1980� � CITY COMMISSION BRIEFING S�SSTON February 4, ].98a �� The City Commissxan of the City o£ C3.earwater met in brie�ing session at the City HaiZ, Monday, �ebruary 4, 198d, at 9:30 a.m., with the £ollowing members present: Charles F, LeCher Wa,lliam Nunamaicer Karleen F. AeB],aker Richard E. Tenney Marvi.n Moore A1so present were: An�h.ony L. Shoemaker Thomas A. Bustin Luci11� iYilZiams Mayor/Gammissioner Vice-Mayor/Commissioner Commissi.oner Com�tissioner Ca�missioner City 1�ianager City Attorney City Clerk The fo�,lowing items were di,scussed: Gable Television The City Attorney reported Ordinance 2U85 wiil establish the rates tio be charged by Vision Cab1.e and aiso set the fxanchise £ee at 3$. The City Manager reparted zf 5$ were reques��d it would have to be justified. Commissianer Tenney requss�ed the Ci�y Manager research th� 5$ fee and advise if any citi.es in F].flrida are recea.ving �ha�, amaunt. The bas�.c rate wi.Zl he $6 for the tirsti outlet. When the company wishes to raise i�s ra�es, the City must be noti£i�d. Commissioner DeBlaker suggested a].1 raCes be included in one ordinance ins�ead af some in the �ranchise Qrdinance anc� same in this ordinance. The franchise ordinance provides that the City sha�1, by ordinance, se� fair and reasanable rates to both company and subscribers. Commi.ssioner DeBlaker question Arta.cle IIF of the franchise ordinance that provides �or a revision o� �he rate schedule anytime after three (3) years; and Sec�a.on 5 0� Ordinance 2085 which pxovides up to 7.0 autlets wi�hout charge at public schoo�s, colleges, and municipal buildings. The City Manager reported this would be ten (IO) autlets �or each of the designate� categories. Commissioner I3unamaker requested a clause reauiring an ongoi.ng construction cost x-eport to the Commission at periodi.c i.n�erva�.s . Oz�di,nance 208A - The City Manager reviewed the ordznance and sta�ed thzs nonexciusive franchise wil7. be for a I5-year pera.od. Cammission discussed �he �i»anciai capabi�ities of Vision Cable of �'inellas, �nc. The�ordi.nance requires that they provide a 1e�ter of credit in the amount of $20 000; a corparate suxety construction bond in the amount o� �5Q4,000; liabi],�.�y insurance; and an annual �inancial repor�. There was considerable discussxan on poten�ial bankruptcy and vari.ous sa�eguards o��ered by �he letter of credi.� and the cons�ructi.on bond. The att.orney for Vision stated the parent company wauld guaran�ee t3nancial responsiUility. `.'��:!��C:[;�r��7. , , ;t: `s�zi� '.f'� . i 1. 2/4/80 �- "rii' .�.+ywy� j� �t �# tii ' `'�' ��; � ,. • ,; ',r' r � s'1! fi �•': �..���.�-�; : ^.e-,�.Yss'M,��,t ",.,..i� L ti.t.S� �.,.�a�,jy�Ax, � r ����_ w� �s' �`°.�•;7i`'• ' :j�..�i�. j � �: 'J - «.y, tin�"+�''f � �#.�=� 3.�. �S �� ag 7.L= v � �'�"I' j*i�'. v��,l �_. d}`-'�:}� t �'��i�iiir' S���`%'..F,: �w a `r f. i. . ti i•'�. i ;h ..L. �. y !+�+�.[rt; � �tiY1�!3..�.-y'}t a�I'�¢'i��"'i q`s'r'y"'!.�'"-n't"�'.•"i{?fi' �.S.e.w" 'si.. . �;#r�' i xr-, wx 4"'a� rr �' 1t � I ,�:x5":L.I�.1�I. Y,C�?:rR: �'•1= �. y�t: ,�f.,. y�tz: r:;�n��r x s�.ti�;•'[i�s,�� i, r.�ti �� t�.� fC,,•r,�. �{ "�'€+ ;'�, �i7,� '�:- �;�Z.r� )� =;;i . +3iic ��,.is.!��:�. is�t.:#..�.�r<��'lP�,}�;tisra-:'�a'�et;jC� �ki)��syZ'�� ':,?<+��.��,��� .iff.. (�. �;��.C.L�.'. :�'�`+�fyr..�'S3„i',.i f�i��`r�•�c, �?t ''I: . , �1... ,.'�i. ���:> �H"��:,1a'7'.� �' , r • �. �';' ;e S �. ;,i� i�sr;'i��:;�;., �C . :.t'i �g; . . . . . ' . .. �x': . ' • . . ' . •'7�M'Sr�'�...►: :�Jr���' ,. �� iv« . ic. '! ay�r�' •i:v,.T, s �vi' i � •�wM �Z�ivn4,.. {••.� . � . ' . " . . SAT:/ . ].Y. .. r.. , _ ' . " �. . _ � .._. . _ _ . . . _ ' }� . � ' � The Employees' Pension Fund presently has �zx,oao,aoo inves�ed. The Exch�nge Bank o� TAmpa is custodian of �he investments and k�eps records, makes comparisons and annual per�axmance xeports of tihe money managers. Jim 5hively of the i�ya�t Company, pensian fund Gan� sultants ior the City, reviewed the pxocedures under tha o1d p�an and n,�tied thnt when the �und makes money the Ci�Gy's cantr�.bu�ion is reduced. He sugges�ed the Commissian be aware o� a new 1aw which became effective 3anuary 1, Z980, which states the Board a� Trustees can be personal3.y he�.d liab].e far �unds turned over ta an investment caunsellor if they do no� lis�en �o advi.ce and monitor per�ormance. If th�y ignore advice they are in trouble. John Wi],loughby of The Exchange Bank of Tampa, discussed the bank's pracedur�s and stated the Ci�y has Zimited options fox i.nvestment of their funds, s�ch as 5'iOC�CS � bonds, ax insurance company annuities. The Gity needs 1nng�term a.nvest- ments and treasury bi11s do not fil.�, the bi.�7.. The cost for �investment management services axe deducted �rom investment returns at the xate of apgxoxa.ma�e�y one-ha�� of one percent ior Aetina and Loomzs-Say�es (Washington}, and one pc�xc�nt �ar Loomis-Sayles af Memphis. . Firemen's Pension � Thxee bi.7.ls axe be�.ng submi�ted �o the Legislative De�.e- gation relating to changes in the Piremen's Relie� and Pension Fund of the �ire Department of the City o� C].earwa�er. One bi11 provides that re�iremen� a't age 65 shall not pertain to chiefs, whose age I.imits are gaverned by Civi� Service rules, and ela.mi.nates �he prouision �hat in no case sha11 the re�a.re- ment pension provided exceed 60� of the prevaxling wage o� the lowest xank he�.d by member during the 3 years immedia�ely preceding rsti,xemen�. Tha.s Pension Fund was also nat actuarily stable �.n 1962 and new firemen, at thai time, were placed in the General Employees Pension Fund. Current].y thexe are sti11 19 t�.remen under the o].d p�.a�, with approxi.mately 44 already retired. �ventually the plan will be phased out when a11 the �i.xemen have retired, and bene£its paid. Any balance in the fund would revert to the City's pensi�n plan, The fi.remen are concerned that the �und may nat have reserves sufficient to pay the ben��a.ts . The second bill will amend the act to allow �he City to � app].y non-ad va�.orum revenues to mee� the obligatzons imposed and �he City agr�es to app�y such funds �or as lang as any person is entitled to campensati�an under thi.s act. The �h�.rd bili wi11 amend the provision that a person retiring above the rank af captain sha1�, have h�,s pension calcu].ated at no higher xat� �Chan captiai,n. The amendment wi11 read: "Any person retiri,ng above the rank of captain sha11 have his pension and any adjus�ments calculaied at no high�r than the rank o� ca�tain, unless he sha�1 make up any de�i.ciency a.n his contributions, with interest ca3,culatec� at the rate ot _$ p�r annum, which sha11 be the dif�erence be�ween the contributions he made and the con�ributians which he shou],d have made had the contri.butions been calculated according to hi,s actual ranlc and not limited to the rank of captain." � z:e '• t,� 7yy.�'4.R q�z>;� -�•t�,:,-�,�.,.;-«: � E.� --.-�:."7'.. .':i.:,:� � �'=e;.' ^-`.t `: a' ;;�1? Y;:;�i:�t':�i's��i .:� ".::�}£'�!•,�°�s:f.���.i�r•��.:^'$"�-�:a.t- w�� i��t���"' �::.1.' A�°?c`I t� '� t•o .r':.i �t es� i����" � �.,t. . f, s 2 . . 3 + ,'. f '� tr3.a; ° , . . . _ _ _ ' ' ' . F'�_ . 2/�/SO .3 � } �, ���.�fr�'.,� 1't �t�, ;'3�.: .z�_��p_" ;.�i!?-�"Sr::7:M1, , - s�. �c .s.i :s. , ' �-' '. ' . � a ., � Jim 5hively, the plan is sound, same maney. the City's actuariAl consu�tant, stated but the amendments wa.11 Cos� �he Ci.�y Performing_Arts Cen�er and Theatre {PACT Ordinances and ocuments - - — • -----� ,.. ..... The Assi.s�an� Ca.�y Manager repvrted amendments to the PACT Ordinance and some docvment changes wi.Zl be brought �o the Commission at the regulax meeting. He also reported the PACT Commi��ee has xecea.ved many pledg�s but one o� the requirem�n�s was tha� PACT have a certain cash sum in the bank. The amended change wi11 prov�de thati the endowment �und wi�.1 nat have to be in �he bank. I� cons�ructi.on a.s delayed on the theater, constr�zc�ion costs w�11 increase fram $3.2-mi.11i.an to $3.7-millian. Hol�.da Inn Clearwater Beach - Communi� Im act S�atiementi, Site Ian, an 10-Foa�C Nz e roin Parcel The Ci,�y Mana�er reQuested the Commission consider declaring the 3.0-foo� wide groin parcel oi 1and, surplus and �hat it be �ransferred to the owner in exchange �or street ends. Commi.ssianer neB],aker quest�.oned es�ablishing clear ti�le. This ]�0-footi str�p o� land was described relative to the �.937 mean high water �ine location, which has subsec{uently been 1ost. The applicant origina�ly Urought this mattex to �h� a���n�i.an o� �he City. Considerab�e accretion has occuxed and thi.s belongs to the praperty awn�r as a.� was a natural uct due to �he construction of Big Pier GQ. The groin was reconstructed by the Tayl,ors a.n �he early 50s and later removed and is nat now in p3.ace. The appI.icant has had a detailed title search made with an $�8-mill�on guarantee. The proper�y apprai.ser has been intormed of tihe situation and zvill receive �-years back taxes which wexe not here�a£ore collected. That partion of the beach wi.�.l no� be closed o£f Uy �he Haliday Inn hut wil7. be open to the puhlic, with no fence. The Planning Director discussed �he site plan, stating the planned Holiday Inn wi1Z �robably cover abnut 25� of the Iot. They have the required number of parking spaces. Commissianer DeBlaker sugges�ed s�af� make a presen�ation ot the backgraund a� the meeting an Thursday. Revi.ew of Land Use P1an and Zon�n rew �reet etw�en rt e an nr re erence �o axtre��. ro ert an District Desi nataons Alon reenwoo venues it anptsca An app].ication. for rezoning has been recsive� to rezone Lots 7 F� 8, Block B, Plaza l�ark 5ubdivis�on, at the carner a� Dx�w Strs�t and Greenwood A�enue, from RM-2� (hzgh densi.�y, multi-familyl to PS (pro�,�essi.onal scrvi.cEs) . 'I'he Cammission requested an a],ternat�ve course of action as the City currently has 3b0 acr�s a� resa.dential/office zoning, with 61$ vacant. The Compr�hensi.ve I�and Usc P1an shows this arca as res�denxia],/ af£a.c� and wi11 require an nmendment if xhe Cnmmi,ssion pxe�ers medium-d�nsi.ty zoning alung Dxew Stxee�. Consensus was to requ�s� a Land IJse P1an Amendmen� but ul�ow resiclential/off�ce between Praspect and Boo�h Avenues with the b�l�nce o� the area to be meda.um-density residential, �,:;:�:.: �. . f. � �. .� . ....`.r "� f •� •�f,j`74`F��}_ �, �A, 53 r�,n{Y°' � � ..s ;,+�<','' .,'q���Sr'`,�;�';�i''�g� p�Y ' y _' J -�'.'t f!. 3'� �. ..=r`�:'n 1 '� F'+ f s 1f' ta"' 1 i ff . S 1.� r i .�'..� •7 ����J. . � '}7fw, .'1.. G. !' , ��; ��?i , ��� � If 1� _ . _ �_: e . 4. � �.1�2 F.• 7 ��'" r.�.. ,. aL,,! .i.',`��. `�..�. k:.v::.va' t�f• �.. ��- ,' � ����� �;.:}=!t �..�,:'�'�"e'-C`...`�'�f i '.�Y:;�. 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