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04/15/2013 WORK SESSION AGENDA Council Chambers - City Hall 4/15/2013 - 1:00 PM 1. Presentations 1.1Service Awards Attachments 1.2Annual Financial Report for Fiscal Year 2012. Attachments 1.3Provide information on the development of the City’s Post-Disaster Redevelopment Plan (PDRP). (WSO) Attachments 2. Economic Development and Housing 2.1Approve request from 1409 Alpine Road, LLC to sell 4 condominium units at $117,000, write-off remainder of HOME loan balance estimated at $401,131.54, and authorize the appropriate officials to execute same. (consent) Attachments 3. Human Resources 3.1Approve renewal of the City’s Statutory Death Benefits Policy with The Hartford Financial Services Group, providing accidental death and disability coverages for all full-time Law Enforcement Officers, Firefighters, and applicable Administrators, for the two-year period retroactive to October 1, 2012 and continuing through September 30, 2014, at a cost of $21,818, pre-paid for the two-year period. (consent) Attachments 4. Marine and Aviation 4.1 Authorize the execution of Supplemental Joint Participation Agreement (JPA) Number 1 between the City of Clearwater and the State of Florida Department of Transportation (FDOT); approve transferring $6,215.16 from Airpark Retained Earnings to cover the City 20% match for Airpark improvements, and adopt Resolution 13-07. Attachments 5. Parks and Recreation 5.1Accept a Modification of Deed granted by U.S. Home Corporation, former owners of real property currently owned by the City for use as the Countryside Recreation Center. (consent) Attachments 5.2Award a contract (purchase order) to Landscape Structures Inc. of Delano, MN for the construction and installation of a one of a kind Sand Castle Playground and Welcome sign at Pier 60 Park for $438,881 and approve the transfer of $100,000 from unappropriated retained earnings to CIP 315-93624 Pier 60 Park Repair and Improvement at mid-year, to construct a military flag plaza to be located in Pier 60 Park. (consent) Attachments 5.3Approve co-sponsorship and waiver of requested City fees and service charges for Fiscal Year 2013/14 special events, including five annual City events and twelve City co-sponsored events, at an estimated General Fund cost of $381,860 ($24,300 cash contributions and $357,560 in-kind contributions) and Enterprise Fund cost and fee waiver of $86,010, for the purposes of Fiscal Year 2013/14 departmental budget submittals. (consent) Attachments 6. Solid Waste/General Support Services 6.1Award a Contract (Purchase Order) for $253,497.00 to RingPower of Riverview, FL for one Caterpillar M322 Hydraulic Excavator, Wheeled Type, in accordance with Sec. 2.564(1)(d), Code of Ordinances - Other Governmental bid; authorize lease purchase under the City's Master Lease Purchase Agreement and authorize the appropriate officials to execute same. (consent) Attachments 6.2Award a Contract (Purchase Order) for $303,520.10 to Rush Truck Center of Tampa, FL for one Peterbilt Model 320 chassis with E-Z Pack CFL 35 Cubic Yard Body, in accordance with Sec. 2.564(1)(d), Code of Ordinances - Other governmental bid; authorize lease purchase under the City's Master Lease Purchase Agreement and authorize the appropriate officials to execute same. (consent) Attachments 7. Public Utilities 7.1Approve a $252,000.00 Blanket Purchase Order, from May 1, 2013 through April 30, 2014, to Water Specialists Technologies LLC, of Sanford, FL for the purchase of copper precipitant TR-50, and authorize the appropriate officials to execute same. (consent) Attachments 7.2Approve a Blanket Purchase Order to T. Wayne Hill Trucking, Inc., of Bartow, FL in the amount of $1,636,000.08 for biosolids services for a one-year period with two optional annual extensions, and authorize the appropriate officials to execute same. (consent) Attachments 8. Engineering 8.1Approve Change Order 2 to Layne Inliner, LLC in the amount of $420,000.00 for sanitary sewer line cleaning and inspection at various locations throughout the City of Clearwater for a new contract total of $1,620,000.00; and authorize the appropriate officials to execute same. (consent) Attachments 8.2Approve Parking Consultant of Record contracts with Kimley-Horn and Associates; TimHaahs; and Walker Parking Consultants for a period of three years, commencing April 22, 2013, and authorize the appropriate officials to execute same. (consent) Attachments 8.3Award a contract to Steve’s Excavating and Paving Inc. of Clearwater, Florida, for Tropic Hills Stormwater Outfall Project Phase III (11-0040-EN), in the amount of $1,449,371.28, which is the lowest responsible bid received in accordance with the plans and specifications and authorize the appropriate officials to execute same. (consent) Attachments 9. Planning 9.1Approve the annexation, initial Future Land Use Map designations of Residential Low (RL), Preservation (P) and Drainage Feature Overlay and initial Zoning Atlas designations of Low Medium Density Residential (LMDR) and Preservation (P) districts for 1861 and 1880 Diane Drive; 1744 Evans Drive; 1716 and 1733 Grove Drive; 1765 Lucas Drive; 1806 Marilyn Drive; 1848 and 1851 Skyland Drive; 2720 and 2724 Morningside Drive; and 2724 and 2728 Woodring Drive (all parcels are located in Section 05, Township 29 South, Range 16 East); and pass Ordinances 8392-13, 8393-13 and 8394-13 on first reading. (ATA2013-01001) Attachments 9.2Approve the Annexation, Initial Land Use Plan Designation of Residential Low (RL) and Initial Zoning Atlas Designation of Low Medium Density Residential (LMDR) District for 1825 Carlton Drive (Lot 4, Block C, Carlton Terrace in Section 5, Township 29 South, Range 16 East); and pass Ordinances 8389- 13, 8390-13 and 8391-13 on first reading. (ANX2013-01002) Attachments 10. Official Records and Legislative Services 10.1Appoint members to the Public Art and Design Board as follows: two members with terms to expire April 30, 2017 and one member to fill the remainder of an unexpired term to expire February 28, 2014. Attachments 10.2Approve the 2013 Federal Legislative Package. Attachments 11. Legal 11.1Adopt Ordinance 8383-13 on second reading, vacating that certain 40-foot platted right-of-way abutting and lying east of Lots 4, 5, 6, 14, 15, 16, 17 and 18, dedicated and described in the Plat titled “Elysium – Phase 1” as recorded in Plat Book 93, Pages 41-46, public records of Pinellas County, Florida, subject to conditions. Attachments 12. City Manager Verbal Reports 12.1City Manager Verbal Reports Attachments 13. Closing Comments by Mayor 14. Adjourn 15. Presentation(s) for Council Meeting 15.1Service Awards Attachments 15.2Child Abuse Prevention Month Proclamation - Mike Carroll, SunCoast Regional Director of the Department of Children and Families. Attachments 15.3Arbor Day Proclamation - Chuck Porthouse, Parks and Rec. Attachments 15.4Clearwater Fire and Rescue Local 1158 Appreciation Month Proclamation - Lt. Patrick Conrey with Clearwater Fire and Rescue Attachments 15.5National Crime Victims Week Proclamation - Yolanda Cowart, Founder of the Springtime Club Attachments 15.6Pinellas County Economic Development Presentation - Mike Meidel, Dir. Pinellas County Attachments Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Service Awards SUMMARY: 5 Years of Service John Pittman Solid Waste Michael Hasty Police Margaret Hasty Police 10 Years of Service Felicia Leonard Parks and Recreation Louis Beem Solid Waste Kelly Hollinger Finance Michael Olsa Public Utilities 15 Years of Service Georgia Calder Parks and Recreation 20 Years of Service James Charon Public Utilities Ramon Cosme Police Ethridge Hall Police Joyce Kirchoffer Library 25 Years of Service Larry Roberts Engineering/Stormwater William New Public Utilities Review Approval:1) Human Resources Cover Memo Item # 1 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Annual Financial Report for Fiscal Year 2012. SUMMARY: The City's external auditors, Mayer Hoffman McCann P.C., will present the Comprehensive Annual Financial Report (CAFR) and the results of the City's audit for Fiscal Year 2012. Review Approval:1) Office of Management and Budget 2) Legal 3) Clerk 4) Assistant City Manager 5) City Manager 6) Clerk Cover Memo Item # 2 2 0 1 1 / 2 0 1 2 CITY OF CLEARWATER, FLORIDA COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR FISCAL YEAR ENDED SEPTEMBER 30, 2012 Attachment number 1 \nPage 1 of 184 Item # 2 This Page Intentionally Left Blank Attachment number 1 \nPage 2 of 184 Item # 2 George N. Cretekos Mayor Doreen Hock-DiPolito Jay Polglaze Bill Jonson Paul Gibson Councilmember Councilmember Councilmember Councilmember William B. Horne II City Manager Brian Jay Ravins Finance Director Prepared by: City of Clearwater Finance Department City of Clearwater, Florida Comprehensive Annual Financial Report for Fiscal Year Ended September 30, 2012 i Attachment number 1 \nPage 3 of 184 Item # 2 ii City of Clearwater, Florida Comprehensive Annual Financial Report For the Fiscal Year Ended September 30, 2012 TABLE OF CONTENTS INTRODUCTORY SECTION: Title Page and List of Elected and Appointed Officials .......................................................................................... i Letter of Transmittal ............................................................................................................................................... v Certificate of Achievement for Excellence in Financial Reporting ....................................................................... ix Organizational Chart .............................................................................................................................................. x FINANCIAL SECTION: Independent Auditor’s Report ................................................................................................................................ 1 Management’s Discussion and Analysis ............................................................................................................... 3 Basic Financial Statements: Government-wide Financial Statements: Statement of Net Assets ............................................................................................................................. 18 Statement of Activities ................................................................................................................................. 19 Fund Financial Statements: Balance Sheet – Governmental Funds ..................................................................................................... 20 Reconciliation of the Balance Sheet of Governmental Funds to the Statement of Net Assets ............... 21 Statement of Revenues, Expenditures, and Changes in Fund Balances - Governmental Funds .......... 22 Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities ........................................................................... 23 Statement of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual (Non-GAAP Basis) – General Fund ...................................................................... 24 Statement of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual (GAAP Basis) – Special Development Fund ......................................................... 25 Statement of Net Assets – Proprietary Funds .......................................................................................... 26 Statement of Revenues, Expenses, and Changes in Fund Net Assets – Proprietary Funds ................. 30 Statement of Cash Flows – Proprietary Funds ......................................................................................... 34 Statement of Fiduciary Net Assets – Fiduciary Funds ............................................................................. 38 Statement of Changes in Fiduciary Net Assets - Fiduciary Funds ........................................................... 39 Notes to the Basic Financial Statements ...................................................................................................... 40 Required Supplementary Information - Pension Trust Funds: Schedules of Funding Progress ................................................................................................................... 86 Schedules of Employer Contributions .......................................................................................................... 87 Notes to Schedules of Required Pension Supplementary Information ....................................................... 88 Required Supplementary Information – Other Post-Employment Benefits: Schedule of Funding Progress ..................................................................................................................... 89 Combining and Individual Fund Statements and Schedules: Combining Balance Sheet – Nonmajor Governmental Funds .................................................................... 94 Combining Statement of Revenues, Expenditures and Changes in Fund Balances – Nonmajor Governmental Funds ................................................................................................................. 96 Schedule of Revenues, Expenditures, and Changes in Fund Balance – Budget and Actual (GAAP Basis) – Community Redevelopment Agency Special Revenue Fund ......... 99 Combining Statement of Net Assets – Nonmajor Enterprise Funds ......................................................... 102 Combining Statement of Revenues, Expenses, and Changes in Fund Net Assets - Nonmajor Enterprise Funds ...................................................................................................................... 104 Combining Statement of Cash Flows - Nonmajor Enterprise Funds ........................................................ 106 Combining Statement of Net Assets – Internal Service Funds ................................................................. 112 Attachment number 1 \nPage 4 of 184 Item # 2 iii City of Clearwater, Florida Comprehensive Annual Financial Report For the Fiscal Year Ended September 30, 2012 TABLE OF CONTENTS (Continued) Combining Statement of Revenues, Expenses, and Changes in Fund Net Assets – Internal Service Funds ................................................................................................................................. 113 Combining Statement of Cash Flows – Internal Service Funds ......................................................................... 114 Combining Statement of Fiduciary Net Assets – Fiduciary Funds ..................................................................... 118 Combining Statement of Changes in Fiduciary Net Assets – Fiduciary Funds ................................................. 119 Statement of Changes in Assets and Liabilities – Treasurer’s Escrow Agency Fund ....................................... 120 Supplementary Information: Continuing Disclosure – Gas System Revenue Bonds, Series 2004, 2005, and 2007 ..................................... 122 Continuing Disclosure – Water & Sewer Revenue Bonds, Series 2003, 2006, 2009A, 2009B and 2011 ....... 127 Continuing Disclosure – Stormwater System Revenue Bonds, Series 2004, 2005 and 2012 ......................... 130 Fire Services Program ......................................................................................................................................... 131 STATISTICAL SECTION: Introduction ............................................................................................................................................ 133 Schedule 1 Net Assets by Component .................................................................................................................... 135 Schedule 2 Changes in Net Assets ......................................................................................................................... 136 Schedule 2a Program Revenues by Function/Program ............................................................................................ 139 Schedule 3 Fund Balances of Governmental Funds ............................................................................................... 140 Schedule 4 Changes in Fund Balances of Governmental Funds ........................................................................... 141 Schedule 5 Assessed Value and Estimated Actual Value of Taxable Property .................................................... 142 Schedule 6 Direct and Overlapping Property Tax Rates ........................................................................................ 143 Schedule 7 Property Tax Levies and Collections .................................................................................................... 144 Schedule 8a Principal Real Property Taxpayers ....................................................................................................... 145 Schedule 8b Principal Personal Property Taxpayers ................................................................................................ 146 Schedule 9 Ratios of Outstanding Debt by Type .................................................................................................... 147 Schedule 10 Ratios of General Bonded Debt Outstanding ....................................................................................... 148 Schedule 11 Direct and Overlapping Governmental Activities Debt......................................................................... 149 Schedule 12 Legal Debt Margin Information ............................................................................................................. 150 Schedule 13 Pledged-Revenue Coverage ................................................................................................................ 151 Schedule 14 Demographic and Economic Statistics ................................................................................................. 153 Schedule 15 Principal Employers .............................................................................................................................. 154 Schedule 16 Full-time Equivalent City Government Employees by Function/Program ........................................... 155 Schedule 17 Operating Indicators by Function/Program .......................................................................................... 156 Schedule 18 Capital Asset Statistics by Function/Program ...................................................................................... 157 SINGLE AUDIT / GRANTS COMPLIANCE SECTION: Independent Auditor’s Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards ................................................................................................................................................ 161 Independent Auditor’s Report on Compliance with Requirements that Could Have a Direct and Material Effect on Each Major Program and on Internal Control Over Compliance in Accordance With OMB Circular A-133 and Chapter 10.550, Rules of the Auditor General of the State of Florida............................................... 163 Schedule of Expenditures of Federal Awards and State Financial Assistance Projects ............................................ 165 Notes to Schedule of Expenditures of Federal Awards and State Financial Assistance Projects .............................. 168 Schedule of Findings and Questioned Costs ................................................................................................................ 169 Independent Auditor’s Management Letter ................................................................................................................... 171 Attachment number 1 \nPage 5 of 184 Item # 2 This Page Intentionally Left Blank iv Attachment number 1 \nPage 6 of 184 Item # 2 Attachment number 1 \nPage 7 of 184 Item # 2 Attachment number 1 \nPage 8 of 184 Item # 2 Attachment number 1 \nPage 9 of 184 Item # 2 Attachment number 1 \nPage 10 of 184 Item # 2 ix Attachment number 1 \nPage 11 of 184 Item # 2 City of Clearwater Organizational Chart Customer Service Economic Development & Housing Gas System Marine & Aviation Emergency Management Police Department Public Communications City Auditor Fire Department Official Records & Legislative Services Parks & Recreation Human Resources Information Technology Planning & Development Solid Waste / General Support Services Library Financial Services Public Utilities Citizens of Clearwater City Council Office of Management & Budget City Manager Assistant City Manager City Attorney Assistant City Manager Engineering x Attachment number 1 \nPage 12 of 184 Item # 2 1 Attachment number 1 \nPage 13 of 184 Item # 2 2 Attachment number 1 \nPage 14 of 184 Item # 2 3 Management’s Discussion and Analysis This Management’s Discussion and Analysis report provides the reader with a narrative overview and analysis of the financial activities of the City for the fiscal year ended September 30, 2012. Management’s Discussion and Analysis (MD&A) should be read in conjunction with the City’s Transmittal Letter, which begins on page vii of this report. Financial Highlights  The City’s assets exceeded its liabilities at the close of fiscal year 2012 by $765.8 million (net assets). Of this amount, $231.9 million (unrestricted net assets) may be used to meet the government’s ongoing obligations to citizens and creditors.  The City’s total net assets increased by $20.0 million, or 2.7%, during fiscal 2012. Net assets for governmental activities increased by $811 thousand, or .21%, while the business-type net assets increased by $19.2 million, or 5.5%.  Significant factors contributing to the $811 thousand increase in governmental net assets included an increase of net program expense of $1.7 million from the prior year as a result of a decrease in charges for services of $1.3 million and a decrease in operating and capital grants and contributions totaling $1.4 million, offset by a decrease of $998 thousand in governmental expenses. General revenues remained flat in total as a $1.3 million decrease in property tax revenues due to declining property values was offset by an increase of $1.5 million in transfers from business-type activities.  The $19.2 million increase in business-type net assets is primarily the result of net program revenues of $24.5 million, an increase of $5.7 million from the prior year, as a result of an increase in program revenues of $5.1 million from the prior year in addition to a decrease in program expenses of $678 thousand. Revenues from charges for services increased $2.9 million, primarily in the Water & Sewer Utility while operating and capital grants and contributions also increased $2.2 million, also primarily in the Water & Sewer Utility.  At September 30, 2012, the City’s governmental funds reported combined ending fund balances of $112.5 million, an increase of $3.9 million, or 3.6%, in comparison with the prior year. Of this amount, $19.9 million (or 17.7%) is available for spending at the government’s discretion (unassigned fund balance).  At September 30, 2012, unrestricted fund balance (the total of the committed, assigned and unassigned components of fund balance) for the general fund was $23.1 million, or 22.0% of total current year general fund expenditures.  Total outstanding long-term debt decreased $5.2 million due to principal payments on bonds payable in the amount of $7.7 million offset by an increase the liability for other postemployment benefits of $1.5 million, an increase in claims payable of $700 thousand, and an increase in lease purchase contracts of $300 thousand. Overview of the Financial Statements This discussion and analysis (MD&A) is intended to serve as an introduction to the City of Clearwater’s basic financial statements. The City’s basic financial statements are comprised of three components: 1) government-wide financial statements, 2) fund financial statements, and 3) notes to the financial statements. This report also contains other supplementary information in addition to the basic financial statements themselves. Government-Wide Financial Statements The government-wide financial statements are the statement of net assets and the statement of activities. These statements report information about the City as a whole using accounting methods similar to those used by private- sector businesses. Emphasis is placed on the net assets of governmental activities and business-type activities, and the Attachment number 1 \nPage 15 of 184 Item # 2 4 change in net assets. Governmental activities are principally supported by taxes and intergovernmental revenues. Governmental activities include most of the City’s basic services, including police, fire, public works, parks and recreation, and general administration. Business-type activities are intended to recover all or a significant portion of their costs through user fees and charges. The City’s water and sewer system, stormwater system, gas system, solid waste, recycling, marine, aviation, convention center, Clearwater Harbor Marina, and parking system operations are reported as business-type activities.  The statement of net assets presents information on all of the City’s assets and liabilities, with the difference between the two reported as net assets. Over time, increases or decreases in net assets may serve as a useful indicator as to whether the financial position of the City is improving or deteriorating. Net assets are reported in three major categories: 1) invested in capital assets, net of related debt; 2) restricted; and 3) unrestricted.  The statement of activities presents information showing how the City’s net assets changed as a result of the year’s activities. All changes in net assets are recorded in the period in which the underlying event takes place, which may differ from the period in which cash is received or disbursed. The Statement of Activities displays the expense of the City’s various programs net of related revenues, as well as a separate presentation of revenues available for general purposes. The government-wide financial statements include not only the City of Clearwater itself but also the Clearwater Redevelopment Agency (CRA). The CRA, though legally separate, is reported as part of the primary government as a blended component unit due to the City Council serving as the CRA’s governing board. Fund Financial Statements A fund is a grouping of related accounts that is used to maintain control over resources that have been segregated for specific activities or objectives. The fund financial statements provide detailed information about the City’s major funds – not the City as a whole. Fund accounting helps to ensure and demonstrate compliance with finance-related legal requirements. Based on restrictions on the use of monies, the City has established many funds that account for the multitude of services provided to residents. These fund financial statements focus on the City’s most significant funds: governmental, proprietary, and fiduciary. Governmental funds. Governmental funds are used to report most of the City’s basic services. These funds are used to account for essentially the same functions reported as governmental activities in the government-wide financial statements. The funds focus on the inflows and outflows of current resources and the balances of spendable resources available at the end of the fiscal year. Such information may be useful in evaluating a government’s near-term financing requirements. Because the focus of governmental funds is narrower than that of the government-wide financial statements, it is useful to compare the information presented for governmental funds with similar information presented for governmental activities in the government-wide financial statements. By doing so, readers may better understand the long-term impact of the government’s near-term financing decisions. Both the governmental fund balance sheet and the governmental fund statement of revenues, expenditures, and changes in fund balances provide a reconciliation to facilitate this comparison between governmental funds and governmental activities. The City maintains ten individual governmental funds. Information is presented separately in the governmental funds balance sheet and in the governmental funds statement of revenues, expenditures, and changes in fund balances for the General, Special Development, and Capital Improvement funds, which are considered to be major funds. Data from the other seven governmental funds are combined into a single aggregated columnar presentation. Individual fund data for each of these nonmajor governmental funds is provided in the form of combining statements in the supplementary information section of this report. Annual appropriated budgets are adopted for the General Fund, the Special Development Special Revenue Fund, and the Community Redevelopment Agency Special Revenue Fund. Budgetary comparison statements and/or schedules have been provided for these funds to demonstrate budgetary compliance. The basic governmental fund financial statements can be found on pages 20-25 of this report. Proprietary funds. The City maintains two different types of proprietary funds. Enterprise funds are used to report the same functions presented as business-type activities in the government-wide financial statements. The City uses Attachment number 1 \nPage 16 of 184 Item # 2 5 enterprise funds to account for the fiscal activities related to water and sewer, gas, solid waste and stormwater utilities, along with recycling, marine, aviation, parking system, Harborview Convention Center, and Clearwater Harbor Marina boat slip operations. Internal service funds are an accounting device used to accumulate and allocate costs internally among the City’s various functions. The City uses internal service funds to account for the City’s building maintenance, custodial services, self-insurance program, risk management program, employee group insurance, vehicle acquisition and maintenance, and various support activities including data processing, legal, telecommunications, and postal services. All of the City’s internal service funds predominantly benefit governmental activities and consequently have been aggregated and included within governmental activities in the government-wide financial statements. Proprietary funds provide the same type of information as the government-wide financial statements, only in more detail. The proprietary fund financial statements provide separate information for the Water and Sewer Utility, Gas Utility, Solid Waste Utility, and Stormwater Utility enterprise funds, which are considered to be major funds of the City. The remaining six non-major enterprise funds are combined into a single aggregated presentation in the proprietary fund financial statements. Similarly, governmental activity internal service funds are aggregated into a single presentation. Individual fund data for the non-major enterprise funds and the internal service funds is provided in the form of combining statements in the supplementary information section of this report. The basic proprietary fund financial statements can be found on pages 26-37 of this report. Fiduciary funds. Fiduciary funds are used to account for resources held for the benefit of parties outside the government. Fiduciary funds are not reflected in the government-wide financial statements because the resources of the fiduciary funds are not available to support the City’s own programs. The accounting used for fiduciary funds is similar to proprietary funds. The City of Clearwater maintains two different types of fiduciary funds. Pension trust funds are used to report resources held in trust for retirees and beneficiaries covered by the city’s pension plans. An agency fund is used to report resources held by the city in a custodial capacity for individuals, private organizations and other governments, such as the Clearwater Downtown Development Board. The fiduciary fund statements can be found on pages 38-39 of this report. Notes to the Financial Statements The notes to the financial statements provide additional information that is essential for a full understanding of the information provided in the government-wide and fund financial statements, including the City’s progress in funding its obligations to provide pension benefits and other post-employment benefits to its employees. The notes to the financial statements can be found on pages 40-85 of this report. Other Information In addition to the basic financial statements and accompanying notes, this report also presents certain required supplementary information concerning the City’s progress in funding its obligations to provide pension benefits and other post-employment benefits to its employees. Required supplementary information can be found on pages 86-89 of this report. The combining statements referred to earlier in connection with non-major governmental funds, non-major enterprise funds, and internal service funds, are presented immediately following the required supplementary information. Combining and individual fund statements can be found on pages 91-120 of this report. Government-Wide Financial Analysis The overall financial position of the City improved in both the fiscal 2012 and fiscal 2011 years. As noted earlier, net assets may serve over time as a useful indicator of a government’s financial position. In the case of the City, assets exceeded liabilities by $765.8 million at the close of the fiscal year ended September 30, 2012. This represents an increase of $20.0 million from the September 30, 2011 total net assets of $745.8 million. The City reports positive balances in all three categories of net assets, both for the government as a whole as well as for its separate governmental and business-type activities, for both the current year and the prior year, as indicated in the following table: Attachment number 1 \nPage 17 of 184 Item # 2 6 201220112012201120122011 Assets Current and other assets170,954,873$ 165,204,443$ 229,378,382$ 224,466,572$ 400,333,255$ 389,671,015$ Capital assets273,939,267 277,160,493 387,040,148 379,223,599 660,979,415 656,384,092 Total assets444,894,140 442,364,936 616,418,530 603,690,171 1,061,312,670 1,046,055,107 Liabilities Current and other liabilities7,316,832 7,287,274 15,612,447 15,210,298 22,929,279 22,497,572 Long-term debt outstanding: Due within one year10,442,975 10,351,270 8,733,050 8,532,700 19,176,025 18,883,970 Due in more than one year31,581,421 29,984,731 221,859,874 228,928,800 253,441,295 258,913,531 Total liabilities49,341,228 47,623,275 246,205,371 252,671,798 295,546,599 300,295,073 Net assets Invested in capital assets, net of related debt254,580,741 257,542,168 163,315,616 159,912,679 417,896,357 417,454,847 Restricted60,764,393 57,244,544 55,204,599 55,039,183 115,968,992 112,283,727 Unrestricted80,207,778 79,954,949 151,692,944 136,066,511 231,900,722 216,021,460 Total net assets395,552,912$ 394,741,661$ 370,213,159$ 351,018,373$ 765,766,071$ 745,760,034$ City of Clearwater, Florida - Net Assets Governmental ActivitiesBusiness-type ActivitiesTotal A large portion of the City’s net assets (54.6%) represent its investment in capital assets (e.g., land, infrastructure, land improvements, buildings, and equipment), less any related outstanding debt used to acquire those assets. The City uses these capital assets to provide services to citizens, and consequently these assets are not available for future spending. Although the City’s investment in capital assets is reported net of related debt, it should be noted that the resources needed to repay this debt must be provided from other resources, since the capital assets themselves will not be used to liquidate these liabilities. There was a $3.0 million, or 1.1%, decrease in invested in capital assets, net of related debt for governmental activities versus the previous year. The decrease was due to a decrease in related revenue bond debt due to $570 thousand in scheduled bond principal payments, offset by an increase of $336 thousand in capital lease purchase contracts, plus a net decrease of $3.2 million in governmental capital assets for the current fiscal year. The decrease in governmental capital assets resulted from capital asset additions of $12.8 million that were offset by depreciation expense of $15.8 million and net capital asset retirements totaling approximately $200 thousand. See the following discussions of capital assets and long term debt for more information on current year activity. Invested in capital assets, net of related debt for business-type activities increased by $3.4 million, or 2.1%, due to $26.3 million of capital asset additions, offset by $18.5 million in current year depreciation expense, $17 thousand in capital asset disposals, and a $4.4 million increase in related bond debt, net of unspent bond proceeds. The $4.4 million increase in related bond debt, net of unspent bond proceeds, was the result of $7.1 million of scheduled principal payments, offset by the current year spend-down of bond proceeds. An additional portion of the City’s net assets (15.1%) represents resources that are subject to external restrictions on how they may be used. The remaining balance of unrestricted net assets ($231.9 million or 30.3%) may be used to meet the government’s ongoing obligations to citizens and creditors. Changes in Net Assets The following table reflects the changes in net assets for the years ended September 30, 2012, and September 30, 2011: Attachment number 1 \nPage 18 of 184 Item # 2 7 201220112012201120122011 Revenues Program revenues: Charges for services36,223,368$ 37,493,034$ 146,399,009$ 143,518,556$ 182,622,377$ 181,011,590$ Operating grants and contributions8,521,483 8,061,861 134,384 133,519 8,655,867 8,195,380 Capital grants and contributions845,083 2,765,599 7,469,212 5,289,674 8,314,295 8,055,273 General revenues: Property taxes37,938,122 39,252,898 - - 37,938,122 39,252,898 Sales taxes14,092,330 13,384,678 - - 14,092,330 13,384,678 Utility taxes12,735,312 13,228,749 - - 12,735,312 13,228,749 Other taxes12,975,557 13,303,118 - - 12,975,557 13,303,118 Other2,859,190 3,090,805 3,644,389 3,496,865 6,503,579 6,587,670 Total revenues126,190,445 130,580,742 157,646,994 152,438,614 283,837,439 283,019,356 Expenses General Government14,229,768 16,183,344 - - 14,229,768 16,183,344 Public Safety67,559,303 66,913,985 - - 67,559,303 66,913,985 Physical Environment3,189,096 3,868,026 - - 3,189,096 3,868,026 Transportation13,431,695 13,274,877 - - 13,431,695 13,274,877 Economic Environment2,240,637 3,113,409 - - 2,240,637 3,113,409 Human Services185,966 181,483 - - 185,966 181,483 Culture and Recreation32,814,030 30,606,145 - - 32,814,030 30,606,145 Interest on Long-term Debt708,978 1,216,684 - - 708,978 1,216,684 Water and Sewer Utility- - 59,405,815 61,010,369 59,405,815 61,010,369 Gas Utility- - 27,661,721 28,353,645 27,661,721 28,353,645 Solid Waste Utility- - 16,632,374 15,843,532 16,632,374 15,843,532 Stormwater Utility- - 12,846,590 12,234,015 12,846,590 12,234,015 Other- - 12,925,429 12,708,363 12,925,429 12,708,363 Total expenses134,359,473 135,357,953 129,471,929 130,149,924 263,831,402 265,507,877 (8,169,028) (4,777,211) 28,175,065 22,288,690 20,006,037 17,511,479 Transfers8,980,279 7,510,477 (8,980,279) (7,510,477) - - Increase in net assets 811,251 2,733,266 19,194,786 14,778,213 20,006,037 17,511,479 Net assets - beginning394,741,661 392,008,395 351,018,373 336,240,160 745,760,034 728,248,555 Net assets - ending395,552,912$ 394,741,661$ 370,213,159$ 351,018,373$ 765,766,071$ 745,760,034$ City of Clearwater, Florida - Changes in Net Assets transfers Governmental ActivitiesBusiness-type ActivitiesTotals Increase in net assets before Governmental Activities Net assets of governmental activities increased by $811 thousand from $394.7 million as of September 30, 2011, to $395.5 million as of September 30, 2012. This increase in governmental activities accounted for 4.1% of the total increase in net assets for the City, and represents a .21% increase in net assets for governmental activities. Total expenses for governmental activities decreased by $998 thousand, or .74%, versus the prior year. This was primarily due to reductions in staffing levels in Economic Development and Housing, Finance, Planning and Development, and the Police and Fire Departments. Most operating expenditures remained status quo or were reduced from the prior year’s budget. Total program revenues for governmental activities decreased by $2.7 million, or 5.7%, versus the prior year. This decrease was primarily due to a $1.3 million decrease in charges for services and a $1.9 million decrease in capital grants and contributions, offset by a $460 thousand increase in operating grants and contributions. Revenues in most programs, from most sources, have decreased. Total general revenues for governmental activities decreased by $190 thousand, or .21%, primarily due to a $1.3 million, or 3.3%, decrease in property taxes, offset by an increase of $1.5 million, or 19.6%, in transfers from business- type activities. The cost of all governmental activities this year was $134.4 million. This reflects a $998 thousand, or .74%, decrease from the fiscal 2011 total of $135.4 million. However, as shown on the Statement of Activities, the amount that the City’s taxpayers ultimately financed for these activities totaled $88.8 million, because some of the cost was paid for by those Attachment number 1 \nPage 19 of 184 Item # 2 8 who directly benefited from the programs ($36.2 million) or by other governments and organizations that subsidized certain programs with grants and contributions ($9.4 million). This total of $88.8 million is $1.7 million greater than the fiscal 2011 amount financed from general revenues. $0 $10 $20 $30 $40 $50 $60 $70 Millions Expenses and Program Revenues -Governmental Activities For the Year Ended September 30, 2012 Expenses Revenues General Government Public Safety Physical Environment Transportation Economic Environment Human Services Culture and Recreation Intereston Long-term Debt Charges for services 26.8% Operating grants and contributions 6.3% Capital grants and contributions 0.6% Property taxes 28.1% Sales taxes 10.4% Utility taxes 9.4% Communications services taxes 4.3% Other taxes 5.3% Other revenues 8.8% Revenues by Sources -Governmental Activities For the Year Ended September 30, 2012 Attachment number 1 \nPage 20 of 184 Item # 2 9 Business-type Activities Net assets for business-type activities increased from $351.0 million for the prior year to $370.2 million. This increase totaled $19.2 million, reflecting a 5.5% increase in business-type activities net assets. Net revenue from business-type activities, before investment earnings and transfers, increased from $18.8 million for the prior year to $24.5 million for fiscal 2012. This $5.7 million, or 30.5%, increase was primarily the result of a $678 thousand decrease in operating expenses, along with a $2.2 million increase in capital grants and contributions and a $2.9 million increase in charges for services. Most of this activity occurred in the Water & Sewer Utility, where net revenues increased $6.9 million in this fund alone due to increased revenues and decreased expenses. Total revenues for business-type activities increased by $5.2 million, or 3.4%, to $157.6 million versus the prior year total of $152.4 million, primarily in the Water & Sewer Utility due to a 4.5% rate increase effective October 1, 2011, and increased grant revenues received or receivable from the Southwest Florida Water Management District for reclaimed water projects. Total expenses for business-type activities decreased by $678 thousand, or .5%, from $130.2 million in fiscal 2011 to $129.5 million for fiscal 2012. A significant portion of the $678 thousand decrease in expenses is attributable to the Water & Sewer Utility. Water purchased for resale decreased $1.4 million due to reduced consumption and increased production of City water and Interest Expense decreased $711 thousand due to refunding of the 2002 Water and Sewer Revenue Bonds accomplished in fiscal 2011. Finally, transfers for business-type activities changed from a net transfer out to governmental activities of $7.5 million in fiscal 2011 to a net transfer out to governmental activities of $9.0 million in the current year. This net change of $1.5 million was primarily due to an increase in transfers from the Gas Utility Fund to the General Fund related to the increased dividend to the General Fund on the fiscal 2011 gain in net assets. $0 $10,000,000 $20,000,000 $30,000,000 $40,000,000 $50,000,000 $60,000,000 $70,000,000 $80,000,000 Water and Sewer Utility Gas UtilitySolid Waste UtilityStormwater UtilityOther Expenses and Program Revenue -Business-type Activities For the Year Ended September 30, 2012 Expenses Revenues Attachment number 1 \nPage 21 of 184 Item # 2 10 Financial Analysis of the City’s Funds As noted earlier, the City uses fund accounting to ensure and demonstrate compliance with finance-related legal requirements. Governmental Funds The focus of the City’s governmental funds is to provide information on near-term inflows, outflows, and balances of spendable resources. Such information is useful in assessing the City’s financing requirements. In particular, unassigned fund balance may serve as a useful measure of a government’s net resources available for spending at the end of the fiscal year. The City reports the General Fund, Special Development Fund, and Capital Improvement Fund as major governmental funds. The City’s governmental funds for the year ended September 30, 2012, reflect a combined fund balance of $112.6 million versus $108.7 million for the prior year, an increase of $3.9 million. A total of $19.9 million, or 17.7%, represents unassigned fund balance available for spending at the government’s discretion. The remainder of the fund balance is classified as assigned ($9.5 million or 8.5%) to indicate that it is intended to be used for specific purposes supported by management’s intent; committed ($17.3 million or 15.4%) to indicate that it can be used only for the specific purposes determined by a formal vote of the City Council; restricted ($65.6 million or 58.3%) to indicate that it can be spent only for the specific purposes stipulated by constitution, external resource providers, or through enabling legislation; or nonspendable ($112 thousand or .1%) to indicate that it cannot be spent or is legally or contractually required to remain intact. The General Fund is the chief operating fund of the City. At September 30, 2012, unassigned fund balance of the General Fund totaled $22.0 million, with the remaining $1.1 million in fund balance classified as nonspendable or assigned. As a measure of the general fund’s liquidity it is useful to compare unassigned fund balance to total fund expenditures. Unassigned fund balance represents 21.0% of total general fund expenditures (GAAP basis before transfers) for the current fiscal year. Charges for services 92.9% Capital grants and contributions 4.7% Investment earnings 2.3% Other 0.1% Revenues by Source -Business-type Activities For the Year Ended September 30, 2012 Attachment number 1 \nPage 22 of 184 Item # 2 11 The fund balance of the Special Development Fund increased from $5.7 million to $8.4 million, for an increase of $2.7 million or 47.1%, during the current fiscal year versus a decrease of $782 thousand for fiscal 2011. The significant increase for fiscal 2012 is primarily due to a reduction in the transfer of Penny for Pinellas revenues from the Special Development Fund to the Capital Improvement Fund for initiation of new capital projects. The fund balance for the Capital Improvement Fund increased from $43.0 million to $43.3 million during the current fiscal year. This increase of $279 thousand is primarily the result of current year capital project funding received from other funds ($16.5 million) and grant revenues received from federal, state, and local agencies ($371 thousand) in excess of current year capital project expenditures ($15.8 million). This is typical volatility for the Capital Improvement Fund due to timing differences between project funding and project spending. The fund balances for Other (non-major) Governmental Funds increased from $36 thousand to $38 thousand during the current fiscal year. Proprietary Funds The City’s proprietary funds provide the same type of information found in the government-wide financial statements, but in more detail. The City reports the Water and Sewer Utility Fund, the Gas Utility Fund, the Solid Waste Utility Fund, and the Stormwater Utility Fund as major funds. The Water and Sewer Utility Fund realized a $8.7 million increase in net assets versus a $1.4 million increase for the prior year. Operating revenues increased by $2.2 million, or 3.7%, while operating expenses decreased $1.2 million, or 2.4%. This resulted in a net increase in operating income of $3.4 million, from $7.7 million in fiscal 2011 to $11.1 million in 2012. Additionally, capital grants and contributions increased by $3.0 million, or 81.0%; investment earnings increased by $68 thousand, or 4.1%; and transfers out to other funds decreased by $62 thousand, or 2.0%. The increase in operating revenues was the result of a 4.5% rate increase effective October 1, 2011. The decrease in operating expenses was primarily the result of reductions in water purchased for resale due to reduced consumption and increased production of City water, a decrease in Professional Fees and Repairs & Maintenance due to reduced project activity, and a decrease in Interest Expense due to refunding of the 2002 Water and Sewer Revenue Bonds accomplished in fiscal 2011. The increase in capital grants and contributions was primarily the result of increased grant revenues received or receivable from the Southwest Florida Water Management District for reclaimed water projects. The Gas Utility Fund realized a $6.4 million increase in net assets versus a $6.9 million increase for the prior year. Operating revenues decreased by $79,000, or .2%, from the prior year, primarily due to level fuel costs, while operating expenses also decreased by $865 thousand (3.1%). The decrease in operating expenses was primarily due to an decrease in gas purchased for resale in the amount of $1.4 million (9.9 %) offset by an increase of $202 thousand (4.4 %) in personal services; an increase of $176 thousand (74.9%) in operating materials and supplies; and an increase of $149 thousand (9.4%) in depreciation expense. This resulted in a $786 thousand, or 9.0%, increase in operating income from the prior year. Additionally, transfers out to other funds increased by $1.7 million, or 95.0% due to the increased dividend to the General Fund on the fiscal 2011 gain in net assets. The Solid Waste Utility Fund realized a $2.8 million increase in net assets versus a $3.1 million increase for the prior year. Operating revenues increased by $267 thousand, or 1.4%, offset by an increase in operating expenses of $526 thousand, resulting in a $259 thousand decrease in operating income from $3.3 million in fiscal 2011 to $3.0 million in fiscal 2012. The 1.4% increase in operating revenues was due to increased unbilled revenues coupled with a slight increase in service level, as there were no rate increases approved for fiscal 2012. The Stormwater Utility Fund realized an increase in net assets of $2.8 million versus a prior year increase of $3.8 million. Operating revenues increased by $659 thousand, or 4.3%, due to scheduled rate increases of 4.25% effective October 1, 2011. Additionally fiscal 2012 realized a $723 thousand, or 7.0% increase in operating expenses, primarily attributable to a 97.0% increase in repairs and maintenance due to the Stormpipe Improvement and Stevenson Creek Estuary Restoration projects that were expensed as renewal and replacement, offset by a 58.9% decrease in professional fees due to reduced project activity in fiscal 2012. Unrestricted net assets and changes in net assets of the proprietary funds for fiscal years 2012 and 2011: Attachment number 1 \nPage 23 of 184 Item # 2 12 Fund2012201120122011 Water and Sewer Utility52,455,090$ 46,633,516$ 8,659,108$ 1,435,607$ Gas Utility30,711,715 26,342,719 6,410,386 6,947,892 Solid Waste Utility25,211,308 22,328,536 2,812,541 3,099,936 Stormwater Utility26,930,359 23,679,353 2,765,426 3,760,362 Other funds13,475,524 12,528,360 192,404 152,297 Totals148,783,996$ 131,512,484$ 20,839,865$ 15,396,094$ Unrestricted Net AssetsChange in Net Assets General Fund Budgetary Highlights The final amended budget for General Fund expenditures reflected a net increase of $3.0 million, or 2.9%, from the original budget. Key elements of this increase were as follows:  $100 thousand for the Economic Development Strategic Plan Matrix;  $108 thousand to fund the recommendations of the Business Task Force;  $342 thousand for retirement payouts and a union grievance;  $80 thousand for inventory purchases for resale at Pier 60;  $2.1 million increase in Police Department and Fire Department budgeted expenditures due to the accounting for State tax contributions to the Police and Fire Supplemental Pension Plans, which are recorded as General Fund revenues and employer contribution expenditures as recommended by the Governmental Finance Officers Association;  $570 thousand to fund a 2.5% merit increase for CWA and SAMP employees; and  $251,000 decrease in Parks and Recreation salary and operating expenditures. Final budgeted revenues reflect a net increase of $2.3 million, or 2.2%, from the original budget primarily due to the following:  Mid-Year Budget Amendments included $16,483 in reimbursements supporting the Joint Terrorism Task Force, Drug Enforcement Agency and informant payments; an increase of $115,000 in fire protection and EMS revenues; an increase of $60,000 in Fire Inspection Fees; an increase of $80 thousand in Pier 60 revenues representing fishing admissions, general admissions, concession sales and concession souvenirs; $1,300 representing donations received from Volunteer Florida (AmeriCorps) and the Barsema Family Foundation.  Third Quarter Budget Amendments included a net decrease of $515 thousand in property tax revenues, franchise fees, utility taxes, licenses and permits, sales tax, communication tax, state revenue sharing, various Parks and Recreation fees, various Pier 60 revenues and other general revenue to bring the budget in line with actual and anticipated receipts for the remainder of the fiscal year; $13,734 in reimbursements supporting the Joint Terrorism Task Force, Drug Enforcement Agency and informant payments; $32,000 in FDOT reimbursements; $2.1 million from state sources to reflect insurance monies received on behalf of the City’s police and fire supplemental pension plans; an increase of $7,130 from the Pinellas Library Co-op; an increase of $45,000 in traffic signal reimbursements; an increase of $408,500 in code enforcement fines from Flag Scientology building; a decrease of $300 thousand in interest income due to lower than expected interest rates; a $200 donation received by the Police Department in appreciation of the Honor Guard; $1,275 from the Florida Bar Association to fund an intern; and $187 thousand representing increased revenues in Pier 60 rental income. Attachment number 1 \nPage 24 of 184 Item # 2 13 Final budgeted “transfers in” from other funds reflect a $2.4 million, or 29.7%, increase from the original budget primarily due to:  $1.8 million from the Gas Fund representing an increase in the computed annual gas dividend payment to the General Fund for fiscal 2012;  $593 thousand from the Capital Improvement Fund due to completion of the Beach Recreation Center Boat Ramp Replacement project;  $25,637 from the Capital Improvement Fund due to completion of the Carpenter Complex Clubhouse project; and  $3,968 from the Special Programs fund due to closure of the City Manager Flexibility Fund. Final budgeted “transfers out” reflect a $5.3 million, or 130.0%, increase from the original budget primarily due to:  $3.2 million transferred to the Capital Improvement Fund for Carpenter Complex/Bright House Field Improvements;  $200,000 transferred to the Capital Improvement Fund for Airpark Runway/Taxiway Extension and Rehabilitation;  $200,000 transferred to the Capital Improvement Fund for Gas Main Extensions;  $200,000 transferred to the Capital Improvement Fund for the Natural Gas Vehicle project;  $1.1 million transferred to the Special Programs Fund for Police and Fire Department overtime at the Republican National Convention;  $130,000 transferred to the Capital Improvement Fund for Main Library Entryway Improvements;  $20,000 transferred to the Capital Improvement Fund for Brighthouse Field Infrastructure Repairs/Improvements;  $20,525 transferred to the Capital Improvement Fund for FDOT Median and ROW Enhancements;  $110 thousand transferred to the Capital Improvement Fund for restrooms on Clearwater Beach; and  $100 thousand transferred to the Capital Improvement Fund for North Greenwood Athletic Fields. Total actual revenues for the General Fund for fiscal 2012 were $.6 million, or .59%, less than final budgeted revenues. Contributing to this deficit of actual revenues versus final budgeted revenues was a deficit of $414 thousand (.73%) in tax revenue; a deficit of $156 thousand (.81%) in intergovernmental revenue; a surplus of $299 thousand (2.29%) in charges for services; a deficit of $459 thousand (45.8%) in fines and forfeitures; and a surplus of $137 thousand (15.1%) in miscellaneous revenues. Fiscal 2012 actual expenditures for the General Fund were less than final budgeted expenditures by $2.5 million, or 2.3%, primarily due to budget savings across all City departments for fiscal 2012. Capital Asset and Debt Administration Capital Assets Capital assets include land, buildings and building improvements, improvements other than buildings, machinery and equipment, and infrastructure. The infrastructure asset category includes long-lived capital assets, typically stationary in nature, such as roads, sidewalks, and bridges. At September 30, 2012, the City had investments in capital assets totaling $660,979,415 (net of accumulated depreciation). Attachment number 1 \nPage 25 of 184 Item # 2 14 201220112012201120122011 Land80,627$ 79,114$ 31,368$ 31,281$ 111,995$ 110,395$ Buildings87,899 89,726 11,802 12,267 99,701 101,993 Improvements other than buildings15,740 16,614 323,084 320,856 338,824 337,470 Machinery and equipment17,048 18,238 2,323 2,619 19,371 20,857 Infrastructure67,492 68,279 - - 67,492 68,279 Construction in progress5,133 5,189 18,463 12,201 23,596 17,390 Total273,939$ 277,160$ 387,040$ 379,224$ 660,979$ 656,384$ * Net of accumulated depreciation Governmental ActivitiesTotalBusiness-type Activities City of Clearwater, Florida - Capital Assets* (amounts in thousands) Net capital assets for the City’s governmental activities decreased from $277.1 million to $273.9 million, reflecting a decrease of $3.2 million for the current fiscal year. Capital asset additions of $12.8 were offset by depreciation expense of $15.8 million and net capital asset retirements totaling approximately $200 thousand. Major fiscal 2012 completed governmental capital projects included $733 thousand for the Gulf to Bay/Highland Gateway, $2.5 million for Phase II of the Downtown Streetscape, $1.9 million for acquisition of the St. Pete Times property, $435 thousand for restrooms on Clearwater Beach, $671 thousand for North Greenwood Recreation Center renovations, and $191 thousand for acquisition of property for the expansion of Capitol Theatre. Net capital assets for the City’s business-type activities increased from $379.2 million to $387.0 million, reflecting an increase of $7.8 million for the current fiscal year. Capital asset additions of $26.3 million were offset by depreciation expense of $18.5 million and net capital asset retirements totaling approximately $17 thousand. Major fiscal 2012 business-type capital asset transactions included $2.3 million for reclaimed water projects and $1.4 million for wastewater treatment plant screw pump replacements. Additional information on the City’s capital assets can be found in Note III (C) on the notes to the financial statements. Long-term debt The City’s total long-term debt decreased from $277.8 million to $272.6 million, a decrease of $5.2 million or 1.9%. Long-term debt for governmental activities increased by $1.7 million, or 4.2%, while long-term debt for business-type activities decreased by $6.9 million or 2.9%. Key factors contributing to these decreases included:  The increase in long-term debt for governmental activities is primarily due to increases in accruals for lease purchase contracts, compensated absences, other post-employment benefits and claims payable, offset by principal payment on the Spring Training Facility Revenue Bonds.  The decrease in long-term debt for business-type activities is primarily due to approximately $7.1 million of scheduled principal payments and a $930 thousand reduction in principal payments achieved by issuing the 2012 Stormwater System Revenue Refunding Bonds to redeem the 2002 Stormwater Revenue Bond, offset by increased accruals for lease purchase contracts and compensated absences, and a decrease in other post- employment benefits. The City’s bonded debt as of September 30, 2012, consists entirely of revenue bonds (secured solely by specified revenue sources) with no general obligation debt or special assessment debt outstanding. Governmental activities net revenue bonds totaled $10.1 million while business-type activities totaled $226.7 million. The City’s Charter limits indebtedness to 20% of the assessed valuation of non-exempt real estate. The current debt limitation is approximately $1.9 billion, which is significantly in excess of the City’s applicable indebtedness of approximately $224 million at September 30, 2012. Attachment number 1 \nPage 26 of 184 Item # 2 15 Additional information on the City’s long-term debt can be found in Note III (F) of the notes to the financial statements. Economic Factors and Year 2013 Budgets and Rates Factors considered in preparing the City of Clearwater’s budget for fiscal year 2013 included:  A 1% decline in property values, reflecting a 33% decline from the point at which City property values peaked five years ago.  The unemployment rate for the Tampa Bay metropolitan area for September 2012 was 8.7%, a decrease from the September 2011 rate of 10.8%. The unemployment rate for Pinellas County was also a decrease – from 10.3% for September 2011 to 8.4% for September 2012. The unemployment rate for Florida similarly decreased – from 10.6% for September 2011 to 8.7% for September 2012. The national rate also reflected a slight decrease – from 9.1% for September 2011 to 7.8% for September 2012.  Total taxable assessed values for the City of Clearwater decreased approximately 1% for fiscal 2013. The City’s millage rate was unchanged from the fiscal 2012 rate of 5.1550 mills, reflecting a 1.6% decrease from the fiscal 2013 rolled-back rate of 5.2387 mills.  An increase of 3.8 full-time equivalent positions City-wide, primarily in the utility operations of Gas and Stormwater, to a total of 1,685.3. The City has reduced City-wide full-time equivalent positions by 14% and General Fund full-time equivalent positions by 21% over the past five years.  An increase of $2 million in the actuarially required contribution to the Employees’ Pension Plan, from $18.9 million, or 24.69% of covered payroll, for fiscal 2012 to $20.9 million, or 27.97% of covered payroll, for fiscal 2013. The 13.3% increase in the pension contribution rate is partially offset by the use of $625 thousand of the credit balance, which is estimated at $6.6 million.  An increase in employee medical insurance costs of $62,000, or less than 1%, from fiscal 2012.  Budgeted Water and Sewer utility revenues for 2013 reflect a 4.5% rate increase effective October 1, 2012, while fiscal 2013 budgeted Stormwater utility revenues reflect a 2.75% rate increase effective October 1, 2012. Contacting the City’s Financial Management This financial report is designed to provide a general overview of the City’s finances for all those with an interest in our government and to show the City’s accountability for the money it receives. Questions concerning any of the information provided in this report or requests for additional financial information should be addressed to: City of Clearwater, Finance Department, 100 South Myrtle Avenue, Clearwater, Florida 33756-5520. Attachment number 1 \nPage 27 of 184 Item # 2 This Page Intentionally Left Blank 16 Attachment number 1 \nPage 28 of 184 Item # 2 Basic Financial Statements 17 Attachment number 1 \nPage 29 of 184 Item # 2 GovernmentalBusiness-type Activities ActivitiesTotal ASSETS Cash and investments$139,258,850 $129,534,090 $268,792,940 Receivables (net)20,080,041 14,467,828 34,547,869 Internal balances(2,827,863) 2,827,863 - Due from other governments6,695,901 8,506,503 15,202,404 Prepaid items2,200,674 66,848 2,267,522 Inventories531,602 1,843,840 2,375,442 Restricted assets: Cash and investments- 67,737,632 67,737,632 Due from other governments- 655,821 655,821 Deferred charges76,353 2,109,116 2,185,469 Net pension asset4,939,315 1,628,841 6,568,156 Capital assets: Land80,627,282 31,367,558 111,994,840 Buildings87,899,148 11,801,853 99,701,001 Improvements other than buildings15,740,506 323,084,413 338,824,919 Machinery and equipment17,047,706 2,322,885 19,370,591 Infrastructure67,492,093 - 67,492,093 Construction in progress5,132,532 18,463,439 23,595,971 Total assets444,894,140 616,418,530 1,061,312,670 LIABILITIES Accounts payable and other current liabilities5,119,729 4,538,591 9,658,320 Accrued liabilities1,215,942 365,001 1,580,943 Accruedinterestpayable 41334 16281 57615 Primary Government City of Clearwater, Florida Statement of Net Assets September 30, 2012 Accrued interest payable 41,334 16,281 57,615 Due to other governments283,676 - 283,676 Deposits2,400 66,364 68,764 Unearned revenue and liens653,751 19,879 673,630 Payable from restricted assets: Construction contracts payable- 553,401 553,401 Accrued interest payable- 3,465,826 3,465,826 Customers deposits- 6,587,104 6,587,104 Non-current liabilities due within one year: Compensated absences4,599,785 1,089,451 5,689,236 Capital lease purchases payable2,813,490 253,599 3,067,089 Revenue bonds payable590,000 7,390,000 7,980,000 Claims payable2,439,700 - 2,439,700 Long-term debt and liabilities: Unearned revenue- 187,113 187,113 Compensated absences2,889,393 684,349 3,573,742 Other postemployment benefits5,753,692 2,324,954 8,078,646 Capital lease purchases payable6,244,778 511,846 6,756,624 Revenue bonds payable9,710,258 218,151,612 227,861,870 Claims payable6,983,300 - 6,983,300 Total liabilities49,341,228 246,205,371 295,546,599 NET ASSETS Invested in capital assets, net of related debt254,580,741 163,315,616 417,896,357 Restricted for: Capital projects37,648,165 9,300,000 46,948,165 Debt service521,396 21,708,928 22,230,324 Renewal and replacement- 16,549,765 16,549,765 Grant programs22,594,832 - 22,594,832 Impact fees- 7,645,906 7,645,906 Unrestricted80,207,778 151,692,944 231,900,722 Total net assets$395,552,912 $370,213,159 $765,766,071 The notes to the financial statements are an integral part of this statement.The notes to the financial statements are an integral part of this statement. 18 Attachment number 1 \nPage 30 of 184 Item # 2 Pr o g r a m   R e v e n u e s Op e r a t i n g P r i m a r y   G o v e r n m e n t   C h a r g e s   f o r G r a n t s   a n d C a p i t a l   G r a n t s   &   G o v e r n m e n t a l B u s i n e s s ‐ T y p e Fu n c t i o n s / P r o g r a m s E x p e n s e s S e r v i c e s C o n t r i b u t i o n s C o n t r i b u t i o n s A c t iv i t i e s A c t i v i t i e s T o t a l Pr i m a r y  go v e r n m e n t : Go v e r n m e n t a l   a c t i v i t i e s : Ge n e r a l   g o v e r n m e n t 1 4 , 2 2 9 , 7 6 8 $                20 , 4 0 1 , 0 8 4 $              1 6 , 9 9 8 $                    ‐ $                                      6 , 18 8 , 3 1 4 $                    ‐ $                       6,188,314$           Pu b l i c   s a f e t y 6 7 , 5 5 9 , 3 0 3 9 , 2 6 5 , 1 0 1 4 , 4 8 7 , 8 1 7 ‐                                          ( 53 , 8 0 6 , 3 8 5 )                ‐                                                  ( 53,806,385)         Ph y s i c a l   e n v i r o n m e n t 3 , 1 8 9 , 0 9 6 7 6 , 8 2 3 1 3 4 , 1 9 3 1 1 5 , 6 8 9 ( 2 , 8 6 2 , 3 9 1 )                    ‐                                                  ( 2 , 862,391)           Tr a n s p o r t a t i o n 1 3 , 4 3 1 , 6 9 5 8 8 5 , 0 3 0 2 1 8 , 0 4 2 3 3 2 , 6 1 6 ( 1 1 , 9 9 6 , 0 0 7 )                ‐                                                  ( 11,996,007)         Ec o n o m i c   e n v i r o n m e n t 2 , 2 4 0 , 6 3 7 1 2 1 , 6 8 7 1 , 5 6 5 , 4 9 6 ‐                                          ( 55 3 , 4 5 4 )                            ‐                                                  ( 553,454)               Hu m a n   s e r v i c e s 1 8 5 , 9 6 6 ‐                                                18 0 , 2 3 1                    ‐                                          ( 5 ,7 3 5 )                                      ‐                                                  ( 5 ,735)                    Cu l t u r e   a n d   r e c r e a t i o n 3 2 , 8 1 4 , 0 3 0 5 , 4 7 3 , 6 4 3 1 , 9 1 8 , 7 0 6 3 9 6 , 7 7 8 ( 2 5 , 0 2 4, 9 0 3 )                ‐                                                  ( 25,024,903)         In t e r e s t   o n   l o n g ‐ t e r m   d e b t 7 0 8 , 9 7 8 ‐                                                ‐                                      ‐                                          ( 70 8 , 9 7 8 )                            ‐                                                  ( 708,978)               To t a l   g o v e r n m e n t a l   a c t i v i t i e s 1 3 4 , 3 5 9 , 4 7 3                36 , 2 2 3 , 3 6 8                  8 , 52 1 , 4 8 3              84 5 , 0 8 3                        ( 88 , 7 6 9 , 5 3 9 )                ‐                                                  ( 88,769,539)         Bu s i n e s s ‐ t y p e   a c t i v i t i e s : Wa t e r   &   S e w e r   U t i l i t y   5 9 , 4 0 5 , 8 1 5                      62 , 0 1 1 , 9 7 7                  ‐                                      6 , 80 0 , 4 1 7                  ‐                                                  9 , 406,579                        9 , 406,579             Ga s   U t i l i t y   2 7 , 6 6 1 , 7 2 1                      36 , 3 5 0 , 8 2 5                  ‐                                      ‐                                          ‐                                                  8 , 689,104                        8 , 689,104             So l i d   W a s t e   U t i l i t y   1 6 , 6 3 2 , 3 7 4                      19 , 4 6 2 , 4 2 1                  ‐                                      ‐                                          ‐                                                  2 , 830,047                        2 , 830,047             St o r m w a t e r   U t i l i t y 1 2 , 8 4 6 , 5 9 0                      15 , 8 8 9 , 5 9 8                  ‐                                      7 1 , 9 5 0                              ‐                                                  3 , 114,958                        3 , 114,958             Re c y c l i n g 2 , 8 5 5 , 4 4 4                          2 , 68 0 , 8 4 8                        8 3 , 3 5 5                          ‐                                          ‐                                                  ( 91,241)                                ( 91,241)                 Ma r i n e 4 1 6 8 2 0 5 4 1 8 0 6 2 4 ‐ 77 7 7 8 ‐ 9019790197  N e t   ( E x p e n s e )   R e v e n u e   a n d   C h a n g e s   i n   N e t   A s s e t s Ci t y  of  Cl e a r w a t e r ,  Fl o r i d a St a t e m e n t  of  Ac t i v i t i e s Fo r  th e  Ye a r  En d e d  Se p t e m b e r  30 ,  20 1 2 19 Ma r i n e 4,16 8 ,20 5                        4,18 0 ,62 4                    ‐                                  77 ,77 8                              ‐                                              90,197                                90,197                 Av i a t i o n 3 6 5 , 9 5 8                                  25 6 , 6 5 5                              ‐                                      51 9 , 0 6 7                        ‐                                                  409,764                                409,764                Pa r k i n g   S y s t e m 4 , 2 0 0 , 0 4 1                          4 , 89 0 , 3 6 9                        ‐                                      ‐                                          ‐                                                  690,328                                690,328                Ha r b o r v i e w   C e n t e r 6 1 0 , 0 0 0                                  20 8 , 6 0 5                              ‐                                      ‐                                          ‐                                                  ( 401,395)                            ( 401,395)               Cl e a r w a t e r   H a r b o r   M a r i n a 7 2 5 , 7 8 1                                  46 7 , 0 8 7                              5 1 , 0 2 9                          ‐                                          ‐                                                  ( 207,665)                            ( 207,665)               To t a l   b u s i n e s s ‐ t y p e   a c t i v i t i e s 1 2 9 , 4 7 1 , 9 2 9                14 6 , 3 9 9 , 0 0 9              13 4 , 3 8 4                    7 , 46 9 , 2 1 2                  ‐                                                  24,530,676                    24,530,676           To t a l   p r i m a r y   g o v e r n m e n t 26 3 , 8 3 1 , 4 0 2 $          18 2 , 6 2 2 , 3 7 7 $      8 , 6 5 5 , 8 6 7 $        8 , 31 4 , 2 9 5 $              ( 88 , 7 6 9 , 5 3 9 )            2 4 , 530,676                ( 64,238,863)       Ge n e r a l   r e v e n u e s :             T a x e s :                  P r o p e r t y   t a xe s 3 7 , 9 3 8 , 1 2 2                    ‐                                                  37,938,122                            S a l e s   t a x es 1 4 , 0 9 2 , 3 3 0                    ‐                                                  14,092,330                            U t i l i t y   t ax e s 1 2 , 7 3 5 , 3 1 2                    ‐                                                  12,735,312                            C o m m u n i c a t i o n s   s e rv i c e s   t a x e s 5 , 8 7 0 , 7 7 7                        ‐                                                  5 , 870,777                              O t h e r   t a x es 7 , 1 0 4 , 7 8 0                        ‐                                                  7 , 104,780                      I n v e s t m e n t   e a rn i n g s 2 , 7 5 8 , 2 4 1                        3 , 644,389                        6 , 402,630                      M i s c e l l a n e ou s   1 0 0 , 9 4 9                              ‐                                                  100,949                Tr a n s f e r s 8 , 9 8 0 , 2 7 9 ( 8 , 9 8 0 , 2 7 9 )                      ‐                                                  T o t a l   g en e r a l   r e v e n u e s   a n d  t r a n s f e r s   8 9 , 5 8 0 , 7 9 0                    ( 5 , 335,890)                      84,244,900            C h a n g e   i n   n e t   a s s e t s 8 1 1 , 2 5 1                              19,194,786                    20,006,037           Ne t   a s s e t s ‐ ‐ b e g i n n i n g 3 9 4 , 7 4 1 , 6 6 1              351,018,373              745,760,034        Ne t   a s s e t s ‐ ‐ e n d i n g 3 9 5 , 5 5 2 , 9 1 2 $        3 7 0 , 213,159$    765,766,071$     Th e   n o t e s   t o   t h e   f i n a n c i a l   s t a t e m e n t s   a r e   a n   i n t e g r a l   p a r t   o f   t hi s   s t a t e m e n t . 19 Attachment number 1 \nPage 31 of 184 Item # 2 SpecialCapitalOtherTotals GeneralDevelopmentImprovementGovernmentalGovernmental FundFundFundFundsFunds ASSETS Cash and investments $20,447,623 $6,811,985 $47,665,335 $15,441,852$90,366,795 Receivables (net where applicable, of allowances for estimated uncollectible amounts): Accrued interest 150,397 177,718 2,066 84,371414,552 Accounts and contracts 180,899 - - - 180,899 Mortgages, notes and other loans - - - 17,011,89917,011,899 Rehabilitation advances - - - 9,4019,401 Property taxes 193,286 11,444 - - 204,730 Utility taxes 959,958 - - - 959,958 Franchise fees 936,419 - - - 936,419 Other - - - 78,30178,301 Due from other funds (deficit in pooled cash)- - 87,329 - 87,329 Due from other governmental entities - grants - - - 2,536,211 2,536,211 Due from other governmental entities - other 2,401,885 1,606,031 - 151,774 4,159,690 Land held for resale - - - 4,839,411 4,839,411 Inventories, at cost 25,005 - - - 25,005 Prepaid items - - - 87,329 87,329 Advances to other funds - - - 974,267 974,267 Total assets $25,295,472$8,607,178$47,754,730$41,214,816$122,872,196 LIABILITIES Accounts and contracts payable $640,542 $- $916,877$132,451$1,689,870 Accrued payroll 1,050,576 - - 28,1811,078,757 Due to other funds - - - 316,667 316,667 Due to other funds (deficit in pooled cash)- - - 87,32987,329 Due to other governmental entities 44,600 190,999 - 48,077283,676 Deposits 2,400 - - - 2,400 Construction escrows - - - 261,862261,862 Deferred revenue 455,768 11,444 - 15,696482,908 Advances from other funds - - 3,562,209 2,557,6006,119,809 Total liabilities 2,193,886202,4434,479,0863,447,863 10,323,278 FUND BALANCES Nonspendable inventories and prepaid items 25,005 - - 87,329 112,334 Restricted - 3,185,266 29,876,952 32,582,920 65,645,138 Committed - 199,345 13,347,190 3,799,697 17,346,232 Assigned 1,042,958 5,020,124 51,502 3,415,641 9,530,225 Unassigned 22,033,623 - - (2,118,634) 19,914,989 Total fund balances 23,101,586 8,404,735 43,275,644 37,766,953 112,548,918 Total liabilities and fund balances $25,295,472 $8,607,178 $47,754,730 $41,214,816 $122,872,196 The notes to the financial statements are an integral part of this statement. City of Clearwater, Florida Balance Sheet Governmental Funds September 30, 2012 20 Attachment number 1 \nPage 32 of 184 Item # 2 Total fund balances of governmental funds 112,548,918$ Capital assets used in governmental activities are not financial resources, therefore, are not reported in the funds. The cost of the assets totals $468,942,126 and the accumulated depreciation totals $195,002,859 Total capital assets for governmental activities273,939,267$ Less: Land included in governmental funds as "Land Held for Resale"(4,839,411) 269,099,856 The net pension asset related to governmental activities does not represent financial resources and is not reported in the funds.4,939,315 Accrued general long-term debt interest expenses are not financial uses and, therefore, are not reported in the funds.(41,334) Accrued property taxes are not financial resources in the current period and, therefore, are reported as deferred revenues in the funds.204,730 Accrued liens are not financial resources in the current period and, therefore, are reported as deferred revenues in the funds.179,482 Accrued permit fees are not financial resources in the current period and, therefore, are reported as deferred revenues in the funds.83,000 The assets and liabilities of the internal service funds (funds used to charge the costs of certain activities to individual funds) are included in the governmental activities in the statement of net assets. Net assets of internal service funds 51,470,026 Less: Capital assets included in total governmental capital assets above(16,469,078) Less: Net pension asset included in total governmental net pension asset above (382,603) Add: Capital lease purchases payable included in total governmental below 7,679,502 Add: Compensated absences included in total governmental below 924,259 Add: Other post-employment benefits included in total governmental below750,830 Less: Adjustment to reflect the consolidation of internal service fund activities related to enterprise funds (2,908,948) 41,063,988 Long-term liabilities, including bonds payable, are not due and payable in the current period and accordingly are not reported in the funds. Long-term liabilities at year-end consist of: Bonds payable (10,090,000) Less: Deferred charge for issuance costs (to be amortized over life of debt)76,353 Add: Issuance premium (to be amortized as a reduction of interest expense)(210,258) Capital lease purchases payable (9,058,268) Other post-employment benefits (5,753,692) Compensated absences (7,489,178) (32,525,043) Total net assets of governmental activities 395,552,912$ The notes to the financial statements are an integral part of this statement. City of Clearwater, Florida Reconciliation of the Balance Sheet of Governmental Funds to the Statement of Net Assets September 30, 2012 21 Attachment number 1 \nPage 33 of 184 Item # 2 SpecialCapitalOtherTotal GeneralDevelopmentImprovementGovernmentalGovernmental FundFundFundFundsFunds REVENUES Taxes: Property$36,145,961 $1,808,255 $- $- $37,954,216 Sales - 8,393,331 - - 8,393,331 Utility12,735,312 - - - 12,735,312 Communications services5,870,777 - - - 5,870,777 Other taxes1,914,425 1,393,638 - - 3,308,063 Total taxes56,666,475 11,595,224 - - 68,261,699 Franchise fees9,602,488 - - - 9,602,488 Licenses, permits, and fees1,786,292 331,122 - - 2,117,414 Intergovernmental: Federal- - 370,000 3,951,721 4,321,721 State11,276,354 - 896 672,029 11,949,279 Local7,849,456 - - 1,629,024 9,478,480 Total intergovernmental19,125,810 - 370,896 6,252,774 25,749,480 Charges for services13,361,986 - - 1,320,212 14,682,198 Fines and forfeitures543,262 - - 441,366 984,628 Investment earnings599,609 782,965 8,070 328,578 1,719,222 Miscellaneous1,040,972 - 134,182 840,508 2,015,662 Total revenues102,726,894 12,709,311 513,148 9,183,438 125,132,791 EXPENDITURES Current: General government11,491,688 - 758,385 514,314 12,764,387 Public safety61,003,424 - 682,780 2,484,435 64,170,639 Physical environment2,842,492 - 43,485 145,811 3,031,788 Transportation5,772,734 - 2,549,975 9,142 8,331,851 Economic environment1,105,014 - - 1,365,016 2,470,030 Human services- - - 181,989 181,989 Culture and recreation22,806,376 - 3,223,115 998,221 27,027,712 Debt service: Principal- - - 1,048,769 1,048,769 Interest & fiscal charges- - - 548,088 548,088 Capital outlay- - 8,563,739 296,501 8,860,240 Total expenditures105,021,728 - 15,821,479 7,592,286 128,435,493 Excess (deficiency) of revenues over / (under) expenditures(2,294,834) 12,709,311 (15,308,331) 1,591,152 (3,302,702) OTHER FINANCING SOURCES (USES) Transfers in10,657,902 - 16,530,420 4,185,059 31,373,381 Transfers out(9,222,538) (10,019,519) (1,256,858) (3,992,349) (24,491,264) Other long term debt issued- - 313,804 - 313,804 Total other financing sources (uses)1,435,364 (10,019,519) 15,587,366 192,710 7,195,921 Net change in fund balances(859,470) 2,689,792 279,035 1,783,862 3,893,219 Fund balances - beginning23,961,056 5,714,943 42,996,609 35,983,091 108,655,699 Fund balances - ending$23,101,586 $8,404,735 $43,275,644 $37,766,953 $112,548,918 The notes to the financial statements are an integral part of this statement. City of Clearwater, Florida Statement of Revenues, Expenditures, and Changes in Fund Balances Governmental Funds For the Year Ended September 30, 2012 22 Attachment number 1 \nPage 34 of 184 Item # 2 Net change in fund balances ‐ total governmental funds 3,893,219$           Amounts reported for governmental activities in the Statement of Activities are different because: Governmental funds report capital outlays as expenditures while governmental activities report depreciation expense to allocate those costs over the life of the assets. This is the amount by which capital outlays exceeded depreciation in the current period.             Expenditures for capital assets 8,329,540$                       Less current year depreciation (10,986,282)          (2,656,742)           In the Statement of Activities, capital assets donated from enterprise funds are reported as transfers in from governmental funds. Governmental funds do not report capital assets.8,951                     In the Statement of Activities, capital assets donated from the general government to internal service funds are reported as transfers. Governmental funds do not report capital assets.(1,805,153)         In the Statement of Activities the loss on disposition of capital assets is reported. The loss is not  a use of current resources and thus is not reported in the funds.(128,254)               Loan proceeds provide current financial resources to governmental funds; however issuing debt increases long‐term liabilities in the Statement of Net Assets. In the current year these amounts are:             Capital lease proceeds (313,804)               Repayment of long term debt principal is an expenditure in the governmental funds, however the  repayment reduces long‐term liabilities in the Statement of Net Assets.  Current year amounts are:             Revenue bond principal payments 570,000                             Capital lease principal payments 478,769                 1,048,769             Net pension asset is not a current financial resources and consequently is not reported in the funds. However it is an asset in the Statement of Net Assets.               Current year change in the net pension asset (366,035)               Liability for other post‐employment benefits (OPEB) does not require the use of current financial resources and consequently is not reported in the funds. However it is a liability in the Statement of Net Assets.             Current year change in the liability for other post‐employment benefits (908,553)               Some expenses reported in the Statement of Activities do not require the use of current financial  resources and therefore are not reported as expenditures in the governmental funds:             Current year change in compensated absences (185,629)                           Amortization of issuance costs (10,511)                              Amortization of bond discounts and premiums 25,858                                Current year change in accrued interest expense 1,663                      (168,619)               Revenues in the statement of activities that do not provide current financial resources are not  reported as revenues in the funds:             Current year change in property taxes receivable (16,094)                             Current year change in liens receivable (9,127)                                Current year change in permit fees receivable 21,400                   The net revenues of internal service funds (funds used to charge the costs of certain activities  to individual funds) for governmental activities are reported in the Statement of Activities but not in the governmental funds.2,211,293             Total change in net assets of governmental activities 811,251$              The notes to the financial statements are an integral part of this statement. City of Clearwater, Florida Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds For the Year Ended September 30, 2012 to the Statement of Activities 23 Attachment number 1 \nPage 35 of 184 Item # 2 Variance with ActualFinal Budget OriginalFinalAmountsPositive (Negative) Taxes: Property $35,888,190 $36,095,160 $36,145,961 $50,801 Utility taxes13,290,250 12,835,250 12,735,312 (99,938) Communications services6,150,000 5,990,000 5,870,777 (119,223) Other taxes2,160,000 2,160,000 1,914,425 (245,575) Total taxes57,488,440 57,080,410 56,666,475 (413,935) Franchise fees10,560,000 9,670,000 9,602,488 (67,512) Licenses, permits, and fees1,490,000 1,735,000 1,786,292 51,292 Intergovernmental: State8,842,020 11,433,284 11,276,354 (156,930) Local7,681,100 7,848,230 7,849,456 1,226 Total intergovernmental16,523,120 19,281,514 19,125,810 (155,704) Charges for services12,831,910 13,063,410 13,361,986 298,576 Fines and forfeitures594,000 1,002,500 543,262 (459,238) Investment earnings 895,000 595,000 599,609 4,609 Miscellaneous 679,590 904,365 1,040,972 136,607 Total revenues101,062,060 103,332,199 102,726,894 (605,305) EXPENDITURES General government City Council258,050 270,830 257,343 13,487 City Manager's Office1,190,800 1,201,300 1,182,912 18,388 City Attorney's Office1,514,610 1,558,335 1,534,083 24,252 Official Records & Legislative Services1,018,520 985,710 911,770 73,940 Public Communications885,430 894,440 866,512 27,928 Finance2,130,100 2,165,530 2,067,599 97,931 Human Resources1,030,420 1,065,270 989,991 75,279 Non-Departmental1,981,870 1,981,870 1,974,420 7,450 Engineering53,719 54,250 52,623 1,627 Parks and Recreation13,254 12,680 9,850 2,830 Planning1,260,140 1,288,630 1,271,512 17,118 City Auditor's Office190,340 192,610 188,531 4,079 Office of Management & Budget293,740 297,770 295,146 2,624 Total general government11,820,993 11,969,225 11,602,292 366,933 Public safety Police35,063,040 36,135,894 35,177,556 958,338 Fire21,076,890 22,570,020 22,474,814 95,206 Development & Neighborhood Services3,225,210 3,358,960 3,139,558 219,402 Total public safety59,365,140 62,064,874 60,791,928 1,272,946 Physical environment Engineering2,444,224 2,468,393 2,394,345 74,048 Parks and Recreation 603,057 576,942 448,180 128,762 Total physical environment3,047,281 3,045,335 2,842,525 202,810 Transportation Engineering4,433,207 4,467,326 4,366,510 100,816 Parks and Recreation1,693,819 1,616,900 1,415,091 201,809 Total transportation6,127,026 6,084,226 5,781,601 302,625 Economic environment Economic Development1,199,880 1,307,683 1,114,753 192,930 Total economic environment1,199,880 1,307,683 1,114,753 192,930 Culture and recreation Parks and Recreation17,718,670 17,652,184 17,611,435 40,749 Library4,935,830 5,002,070 4,849,623 152,447 Marine 530,530 614,600 614,978 (378) Total culture and recreation23,185,030 23,268,854 23,076,036 192,818 Total expenditures (budgetary basis)104,745,350 107,740,197 105,209,135 2,531,062 Excess (deficiency) of revenues over expenditures (budgetary basis)(3,683,290) (4,407,998) (2,482,241) 1,925,757 OTHER FINANCING SOURCES (USES) Transfers in8,049,010 10,437,701 10,657,902 220,201 Transfers out(4,073,890) (9,357,915) (9,222,538) 135,377 Total other financing sources (uses) (budgetary basis)3,975,120 1,079,786 1,435,364 355,578 Excess (deficiency) of revenues and other financing sources over expenditures and other financing uses (budgetary basis) Encumbered purchase orders, beginning of year- - (855,551) (855,551) Encumbered purchase orders, end of year- - 1,042,958 1,042,958 Excess (deficiency) of revenues and other financing sources over expenditures and other financing uses (GAAP basis) Fund balances - beginning23,961,056 23,961,056 23,961,056 - Fund balances - ending$24,252,886 $20,632,844 $23,101,586 $2,468,742 The notes to the financial statements are an integral part of this statement. REVENUES 291,830 (3,328,212) (859,470) 2,468,742 291,830 (3,328,212) (1,046,877) 2,281,335 Budgeted Amounts City of Clearwater, Florida Statement of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual (Non-GAAP Budgetary Basis) General Fund For the Year Ended September 30, 2012 24 Attachment number 1 \nPage 36 of 184 Item # 2 Variance with Final Budget ActualPositive OriginalFinalAmounts(Negative) REVENUES Taxes: Property$1,802,780 $1,802,780 $1,808,255 $5,475 Sales 8,137,000 8,137,000 8,393,331 256,331 Other taxes1,400,000 1,400,000 1,393,638 (6,362) Total taxes11,339,780 11,339,780 11,595,224 255,444 Licenses, permits, and fees195,000 313,900 331,122 17,222 Investment earnings35,000 535,000 782,965 247,965 Total revenues11,569,780 12,188,680 12,709,311 520,631 EXPENDITURES Total expenditures- - - - Excess of revenues over expenditures11,569,780 12,188,680 12,709,311 520,631 OTHER FINANCING SOURCES (USES) Transfers out(9,921,960) (10,019,519) (10,019,519) - Total other financing sources (uses)(9,921,960) (10,019,519) (10,019,519) - Excess / (Deficiency) of revenues and other sources over expenditures and other uses1,647,820 2,169,161 2,689,792 520,631 Fund balances - beginning5,714,943 5,714,943 5,714,943 - Fund balances - ending$7,362,763 $7,884,104 $8,404,735 $520,631 The notes to the financial statements are an integral part of this statement. For the Year Ended September 30, 2012 Budgeted Amounts City of Clearwater, Florida Statement of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual (GAAP Basis) Special Development Fund 25 Attachment number 1 \nPage 37 of 184 Item # 2 Water and SewerGasSolid Waste UtilityUtilityUtility ASSETS Current assets: Cash and investments$42,081,467 $28,185,051 $24,101,823 Accrued interest receivable429,457 129,143 105,283 Accounts and contracts receivable: Billed3,661,157 1,302,372 1,085,386 Unbilled charges estimated2,385,300 1,477,400 759,747 6,046,457 2,779,772 1,845,133 Less: Allowance for uncollectable accounts(124,895) (54,806) (34,180) Total receivables, net5,921,562 2,724,966 1,810,953 Other receivables- 457,802 - Due from other funds- - - Due from other governmental entities4,941,623 - - Inventories, at cost664,531 1,107,080 - Prepaid expenses and other assets14,399 - 16,113 Total current assets - unrestricted54,053,039 32,604,042 26,034,172 Current assets - restricted: Restricted cash and investments10,042,143 2,874,463 1,058,368 Business-type Enterprise City of Clearwater, Florida Statement of Net Assets Proprietary Funds September 30, 2012 Due from other governmental entities655,821 - - Total current assets - restricted10,697,964 2,874,463 1,058,368 Total current assets64,751,003 35,478,505 27,092,540 Noncurrent assets: Restricted: Restricted cash and investments39,960,948 300,000 - Deferred charges1,500,904 217,866 - Other receivables187,113 - - Advance to other funds- - - Net pension asset672,209 362,950 373,377 Capital assets: Land and other nondepreciable assets19,346,149 336,684 1,041,913 Capital assets, net of accumulated depreciation221,645,124 45,517,680 1,747,585 Total noncurrent assets283,312,447 46,735,180 3,162,875 Total assets348,063,450 82,213,685 30,255,415 The notes to the financial statements are an integral part of this statement. 26 Attachment number 1 \nPage 38 of 184 Item # 2 Governmental Activities - StormwaterOtherInternal Service UtilityFundsTotalFunds $21,373,273 $13,792,476 $129,534,090 $48,892,055 102,561 95,993 862,437 237,407 931,622 108,056 7,088,593 - 1,316,200 180,193 6,118,840 - 2,247,822 288,249 13,207,433 - (29,965) (3,111) (246,957) - 2,217,857 285,138 12,960,476 - - - - 457,802 46,475 - - - 428,592 3,514,239 50,641 8,506,503 - 14,948 57,281 1,843,840 506,597 26,023 10,313 66,848 2,113,345 27,248,901 14,291,842 154,231,996 52,224,471 1,606,786 9,300,000 24,881,760 - Activities Funds - - 655,821 - 1,606,786 9,300,000 25,537,581 - 28,855,687 23,591,842 179,769,577 52,224,471 2,594,924 - 42,855,872 - 390,346 - 2,109,116 - - - 187,113 - - - - 5,572,970 60,288 160,017 1,628,841 382,603 25,041,783 4,064,468 49,830,997 729,591 45,307,399 22,991,363 337,209,151 15,739,487 73,394,740 27,215,848 433,821,090 22,424,651 102,250,427 50,807,690 613,590,667 74,649,122 (Continued) 27 Attachment number 1 \nPage 39 of 184 Item # 2 Water and SewerGasSolid Waste UtilityUtilityUtility Business-type Enterprise City of Clearwater, Florida Statement of Net Assets Proprietary Funds September 30, 2012 LIABILITIES Current liabilities: Accounts and contracts payable2,171,234 1,596,310 303,846 Accrued payroll139,049 65,437 75,772 Accrued interest payable6,894 6,788 2,599 Deposits - - - Unearned revenue and liens- - - Current portion of long-term liabilities: Compensated absences399,657 260,828 168,516 Revenue bonds910,833 756,250 - Capital lease purchases payable40,493 - 79,039 Due to other funds- - - Claims payable- - - Total current liabilities (payable from current assets)3,668,160 2,685,613 629,772 Current liabilities (payable from restricted assets): Construction contracts payable553,401 - - Accrued interest payable2,815,660 51,713 - Current portion of long-term liabilities, revenue bonds4,554,167 68,750 - Customer deposits2,774,736 2,754,000 1,058,368 p ,,,,,, Total current liabilities payable from restricted assets10,697,964 2,874,463 1,058,368 Total current liabilities14,366,124 5,560,076 1,688,140 Noncurrent liabilities: Compensated absences251,048 163,841 105,854 Other postemployment benefits803,179 379,939 539,654 Revenue bonds (net of unamortized discounts and deferred amount on refunding)168,455,484 13,279,210 - Capital lease purchases payable99,127 - 94,104 Unearned revenue187,113 - - Advances from other funds- - - Claims payable- - - Total non-current liabilities169,795,951 13,822,990 739,612 Total liabilities184,162,075 19,383,066 2,427,752 Net assets: Invested in capital assets, net of related debt69,513,694 31,750,154 2,616,355 Restricted for: Revenue bond debt service and sinking fund requirements18,351,901 68,750 - Revenue bond renewal and replacement requirements16,249,765 300,000 - Water and sewer impact fees7,330,925 - - Stormwater system fees- - - Developer agreements- - - Unrestricted52,455,090 30,711,715 25,211,308 Total net assets$163,901,375 $62,830,619 $27,827,663 The notes to the financial statements are an integral part of this statement. 28 Attachment number 1 \nPage 40 of 184 Item # 2 Governmental Activities - StormwaterOtherInternal Service UtilityFundsTotalFunds Activities Funds 276,425 190,776 4,538,591 3,167,997 37,907 46,836 365,001 137,185 - - 16,281 - - 66,364 66,364 - - 19,879 19,879 638,055 137,551 122,899 1,089,451 567,671 91,667 - 1,758,750 - 94,088 39,979 253,599 2,354,607 - 20,271 20,271 91,654 - - - 2,439,700 637,638 507,004 8,128,187 9,396,869 - - 553,401 - 598,453 - 3,465,826 - 1,008,333 - 5,631,250 - - - 6,587,104 - ,, 1,606,786 - 16,237,581 - 2,244,424 507,004 24,365,768 9,396,869 86,404 77,202 684,349 356,588 230,888 371,294 2,324,954 750,830 36,416,918 - 218,151,612 - 298,203 20,412 511,846 5,324,895 - - 187,113 - - 60,814 60,814 366,614 - - - 6,983,300 37,032,413 529,722 221,920,688 13,782,227 39,276,837 1,036,726 246,286,456 23,179,096 32,439,973 26,995,440 163,315,616 8,789,576 3,288,277 - 21,708,928 - - - 16,549,765 - - - 7,330,925 - 314,981 - 314,981 - - 9,300,000 9,300,000 - 26,930,359 13,475,524 148,783,996 42,680,450 $62,973,590 $49,770,964 367,304,211 $51,470,026 Net assets of business-type activities$370,213,159 Adjustment to reflect consolidation of internal service fund activities related to enterprise funds 2,908,948 29 Attachment number 1 \nPage 41 of 184 Item # 2 Business-type Enterprise Water and SewerGasSolid Waste UtilityUtilityUtility Operating revenues: Sales to customers$61,381,316 $34,864,055 $19,063,602 Service charges to customers512,739 1,298,376 85,584 User charges to customers- - - Billings to departments- - - Rentals- - - Other- - - Total operating revenues61,894,055 36,162,431 19,149,186 Operating expenses: Personal services10,229,494 4,787,473 6,028,738 Purchases for resale6,183,615 12,930,759 - Operating materials and supplies2,887,270 410,119 393,493 Transportation1,017,280 523,616 3,644,567 Utility service2,860,685 100,295 89,945 Dumping charges- - 4,157,291 Depreciation12,322,669 1,728,617 263,867 Interfund administrative charges5,866,550 2,306,490 852,890 Other current charges: Professional fees1,375,150 277,794 161,933 Advertising- 698,598 10,109 Communications145,756 88,710 51,569 Printing and binding- 14,795 2,468 Insurance667,000 382,824 182,370 Repairs and maintenance6,458,008 62,264 94,859 Rentals- 5,772 1,440 Miscellaneous360,028 141,479 38,169 Data processing charges428,080 293,320 136,880 Taxes- 1,894,788 - Total other current charges9,434,022 3,860,344 679,797 Total operating expenses50,801,585 26,647,713 16,110,588 Operating income (loss)11,092,470 9,514,718 3,038,598 The notes to the financial statements are an integral part of this statement. City of Clearwater, Florida Statement of Revenues, Expenses, and Changes in Fund Net Assets Proprietary Funds For the Year Ended September 30, 2012 30 Attachment number 1 \nPage 42 of 184 Item # 2 Activities Funds Governmental Activities - StormwaterOtherInternal Service UtilityFundsTotalFunds $15,754,044 $8,717,388 $139,780,405 $- 70,108 7,255 1,974,062 - - 1,807,930 1,807,930 - - - - 41,002,382 - 1,926,180 1,926,180 - - - - 88,680 15,824,152 12,458,753 145,488,577 41,091,062 2,905,581 3,437,424 27,388,710 10,046,517 - 2,488,188 21,602,562 4,960,473 328,331 343,384 4,362,597 2,158,483 856,093 708,936 6,750,492 269,943 - 404,340 3,455,265 518,711 - - 4,157,291 - 2,625,472 1,541,572 18,482,197 4,787,066 1,298,030 1,684,040 12,008,000 258,451 428,674 388,040 2,631,591 2,178,915 - 31,950 740,657 - 32,034 35,456 353,525 1,025,461 - 10,638 27,901 18,218 50,470 138,780 1,421,444 16,109,666 2,335,346 831,725 9,782,202 2,453,289 - 314,839 322,051 402,691 78,517 276,862 895,055 163,006 167,140 101,560 1,126,980 354,910 - 2,163 1,896,951 5,101 3,092,181 2,132,013 19,198,357 22,711,257 11,105,688 12,739,897 117,405,471 45,710,901 4,718,464 (281,144) 28,083,106 (4,619,839) (Continued) 31 Attachment number 1 \nPage 43 of 184 Item # 2 Business-type Enterprise Water and SewerGasSolid Waste UtilityUtilityUtility City of Clearwater, Florida Statement of Revenues, Expenses, and Changes in Fund Net Assets Proprietary Funds For the Year Ended September 30, 2012 Nonoperating revenues (expenses): Investment earnings1,731,277 565,554 475,072 Interest expense(7,920,762) (730,547) (10,005) Amortization of bond issue costs(143,139) (26,883) - Gain on exchange of capital assets- - - Loss on exchange of capital assets- (773) - Other117,922 188,394 313,235 Total nonoperating revenue (expenses)(6,214,702) (4,255) 778,302 Income (loss) before contributions and transfers4,877,768 9,510,463 3,816,900 Capital grants and contributions6,800,417 - - Transfers in39,623 400,000 - Transfers out(3,058,700) (3,500,077) (1,004,359) Changes in net assets8,659,108 6,410,386 2,812,541 Total net assets - beginning155,242,267 56,420,233 25,015,122 Total net assets - ending$163,901,375 $62,830,619 $27,827,663 Adjustment to reflect the consolidation of internal service fund activities related to enterprise funds Change in net assets of business-type activities (page 19) The notes to the financial statements are an integral part of this statement. 32 Attachment number 1 \nPage 44 of 184 Item # 2 Activities Funds Governmental Activities - StormwaterOtherInternal Service UtilityFundsTotalFunds 465,350 407,136 3,644,389 1,061,475 (1,536,268) (4,958) (10,202,540) (188,411) (32,244) - (202,266) - - - - 255,956 - (15,800) (16,573) (14,936) 65,446 359,819 1,044,816 140,858 (1,037,716) 746,197 (5,732,174) 1,254,942 3,680,748 465,053 22,350,932 (3,364,897) 71,950 596,845 7,469,212 1,832,949 - - 439,623 2,353,877 (987,272) (869,494) (9,419,902) (255,715) 2,765,426 192,404 20,839,865 566,214 60,208,164 49,578,560 50,903,812 $62,973,590 $49,770,964 $51,470,026 (1,645,079) $19,194,786 33 Attachment number 1 \nPage 45 of 184 Item # 2 rf1 Water and SewerGasSolid Waste UtilityUtilityUtility CASH FLOWS FROM OPERATING ACTIVITIES Cash received from customers$61,471,344 $36,114,218 $19,081,843 Cash received from other funds- - - Cash payments to suppliers(19,827,711) (17,324,298) (5,077,094) Cash payments to employees(10,141,920) (5,081,736) (5,913,088) Cash payments to other funds(9,063,735) (3,304,089) (4,868,276) Other revenues117,922 188,394 313,235 Net cash provided by operating activities22,555,900 10,592,489 3,536,620 CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES Transfers from other funds39,623 400,000 - Transfers to other funds(3,058,700) (3,500,077) (1,004,359) Receipt of cash on loans to/from other funds- - - Payment of cash on loans to/from other funds- - - Net cash provided (used) by noncapital financing activities(3,019,077) (3,100,077) (1,004,359) CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Principal payments on debt(5,250,790) (653,728) (83,128) Interest paid(8,072,906) (737,929) (11,696) Acquisition of capital assets(22,456,858) (2,684,606) (110,963) Sale of capital assets- - - Proceeds from issuance of debt9,553 - - Payment of bond issue costs- - - Capital contributed by: Other governmental entities6,240,101 - - Property owners1,900 - - Developers558,416 - - Net cash provided (used) by capital and related financing activities(28,970,584) (4,076,263) (205,787) CASH FLOWS FROM INVESTING ACTIVITIES Interest on investments1,726,525 548,640 457,643 Net cash provided by investing activities1,726,525 548,640 457,643 Net increase (decrease) in cash and cash equivalents(7,707,236) 3,964,789 2,784,117 Cash and cash equivalents at beginning of year99,791,794 27,394,725 22,376,074 Cash and cash equivalents at end of year$92,084,558 $31,359,514 $25,160,191 Cash and cash equivalents classified as: Cash and investments$42,081,467$28,185,051$24,101,823 Restricted cash and investments50,003,0913,174,4631,058,368 Total cash and cash equivalents$92,084,558 $31,359,514 $25,160,191 The notes to the financial statements are an integral part of this statement. Business-type Enterprise City of Clearwater, Florida Statement of Cash Flows Proprietary Funds For the Year Ended September 30, 2012 34 Attachment number 1 \nPage 46 of 184 Item # 2 Governmental Activities - StormwaterOtherInternal Service UtilityFundsTotalFunds $15,677,369 $12,580,391 $144,925,165 $- - - - 41,064,488 (2,714,092) (5,200,007) (50,143,202) (28,839,317) (2,852,921) (3,350,311) (27,339,976) (9,870,918) (2,452,023) (2,639,250) (22,327,373) (1,413,267) 65,446 359,819 1,044,816 66,675 7,723,779 1,750,642 46,159,430 1,007,661 - - 439,623 2,353,877 (987,272) (869,494) (9,419,902) (255,715) - - - - - (407,660) (407,660) (3,541,937) (987,272) (1,277,154) (9,387,939) (1,443,775) (21,186,488) (48,583) (27,222,717) (2,443,092) (1,656,423) (3,838) (10,482,792) (188,411) (967,849) (754,301) (26,974,577) (4,186,297) - - - 249,268 20,051,085 - 20,060,638 2,944,116 (228,395) - (228,395) - 216,678 1,882,301 8,339,080 - - - 1,900 - - - 558,416 - (3,771,392) 1,075,579 (35,948,447) (3,624,416) 447,228 399,120 3,579,156 1,038,183 447,228 399,120 3,579,156 1,038,183 3,412,343 1,948,187 4,402,200 (3,022,347) 22,162,640 21,144,289 192,869,522 51,914,402 $25,574,983 $23,092,476 $197,271,722 $48,892,055 $21,373,273$13,792,476$129,534,090$48,892,055 4,201,7109,300,000 67,737,632- $25,574,983 $23,092,476 $197,271,722 $48,892,055 (Continued) Activities Funds 35 Attachment number 1 \nPage 47 of 184 Item # 2 Water and SewerGasSolid Waste UtilityUtilityUtility Business-type Enterprise City of Clearwater, Florida Statement of Cash Flows Proprietary Funds For the Year Ended September 30, 2012 Reconciliation of operating income (loss) to net cash provided by operating activities: Operating income (loss)$11,092,470 $9,514,718 $3,038,598 Adjustments to reconcile operating income (loss) to net cash provided by operating activities: Other nonoperating revenue117,922 188,394 313,235 Depreciation12,322,669 1,728,617 263,867 Capitalized labor (219,939) (429,946) - Change in assets and liabilities: (Increase) decrease in accounts receivable(588,127) (521,309) (126,861) (Increase) decrease in amount due from other governments(280,756) - - (Increase) decrease in inventory65,678 (86,510) - (Increase) decrease in prepaid expenses6,823 - - Increase (decrease) in accounts and contracts payable(345,243) (148,400) (127,387) Increase (decrease) in deposits payable141,292 275,734 59,518 Increase (decrease) in unearned revenue- - - (Increase) decrease in net pension asset49,657 24,143 28,735 Increase (decrease) in accrued payroll33,495 (34,522) (18,753) Increase (decrease) in other postemployment benefits159,959 81,570 105,668 Total adjustments11,463,430 1,077,771 498,022 Net cash provided by operating activities$22,555,900 $10,592,489 $3,536,620 Noncash investing, capital and financing activities: Capital assets transferred from General Government-$ -$ -$ The notes to the financial statements are an integral part of this statement. 36 Attachment number 1 \nPage 48 of 184 Item # 2 Governmental Activities - StormwaterOtherInternal Service UtilityFundsTotalFunds Activities Funds $4,718,464 $(281,144) $28,083,106 $(4,619,839) 65,446 359,819 1,044,816 140,858 2,625,472 1,541,572 18,482,197 4,787,066 - - (649,885) - (146,783) 110,590 (1,272,490) (36,951) 163,171 - (117,585) - (14,948) 7,367 (28,413) (5,764) 100 - 6,923 (784,189) 260,297 (85,723) (446,456) 1,414,687 - 10,887 487,431 - - 161 161 (63,806) 12,738 13,021 128,294 49,798 (8,968) 1,232 (27,516) 27,105 48,790 72,860 468,847 98,696 3,005,315 2,031,786 18,076,324 5,627,500 $7,723,779 $1,750,642 $46,159,430 $1,007,661 -$ -$ -$ 2,735,275$ 37 Attachment number 1 \nPage 49 of 184 Item # 2 Pension TrustAgency FundsFund ASSETS Cash and investments$6,241,408 $269,942 Managed investment accounts, at fair value: Cash and cash equivalents19,653,025 - Government bonds46,401,731 - Agency bonds14,644,181 - Domestic corporate bonds77,791,095 - International equity securities60,027,026 - Domestic stocks274,804,079 - Mortgage backed bonds57,069,659 - Asset backed securities1,386,427 - Domestic equity mutual funds97,425,798 - International equity mutual funds42,826,095 - Real estate34,336,944 - Total managed investment accounts726,366,060 - Securities lending collateral131,525,918 - Receivables: Interest and dividends receivable2,013,320 914 Unsettled investment sales21,900,109 - Securities lending earnings receivable33,298 - Total receivables23,946,727 914 Total assets 888,080,113 270,856 LIABILITIES Accounts payable725,350 - Unsettled investment purchases10,344,475 - Obligations under securities lending131,525,918 - Other miscellaneous payables: Downtown Development Board- 145,963 Special purpose funds- 7,640 Other - 117,253 Total miscellaneous payables- 270,856 Total liabilities 142,595,743 270,856 NET ASSETS Held in trust for pension benefits745,484,370 - Total net assets $745,484,370 $- The notes to the financial statements are an integral part of this statement. City of Clearwater, Florida Statement of Fiduciary Net Assets Fiduciary Funds September 30, 2012 38 Attachment number 1 \nPage 50 of 184 Item # 2 City of Clearwater, Florida Statement of Changes in Fiduciary Net Assets Fiduciary Funds For the Year Ended September 30, 2012 Pension Trust Funds ADDITIONS Contributions: Contributions from employer$18,030,265 Contributions from employer - state tax2,010,690 Contributions from employees5,807,091 Total contributions25,848,046 Investment income: Net appreciation in fair value of investments108,981,094 Interest8,288,417 Dividends6,848,634 124,118,145 Less investment expenses: Investment management / custodian fees3,569,416 Net income (loss) from investing activities 120,548,729 Securities lending income: Gross earnings412,642 Rebate received350,324 Bank fees(266,870) Net income from securities lending 496,096 Total additions 146,892,871 DEDUCTIONS Benefits and withdrawal payments: Benefits34,919,353 Withdrawal payments565,865 Total benefits and withdrawal payments35,485,218 Income (loss) before administrative expenses111,407,653 Administrative expenses252,728 Net increase (decrease)111,154,925 Net assets held in trust for pension benefits: Beginning of year634,329,445 End of year$745,484,370 The notes to the financial statements are an integral part of this statement. 39 Attachment number 1 \nPage 51 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 40 Note I – Summary of Significant Accounting Policies The City of Clearwater, Florida (the City) was incorporated in 1923 per Chapter 9710, Special Laws of Florida, as amended. The City is a Florida municipal corporation governed by a five member City Council including a mayor-council- member. The City has an estimated population of 108,000 and is located in the four-county Tampa-St. Petersburg- Clearwater Metropolitan Statistical Area (MSA), which has an estimated population of 2,783,000. The financial statements of the City of Clearwater, Florida, reporting entity (City) have been prepared in accordance with generally accepted accounting principles (GAAP) as applied to governmental units. The Governmental Accounting Standards Board (GASB) is the standard-setting body for governmental accounting and financial reporting. Pronouncements of the Financial Accounting Standards Board (FASB) issued after November 30, 1989, are not applied in the preparation of the financial statements of the enterprise fund types in accordance with GASB Statement Number 20. The GASB periodically updates its codification of the existing Governmental Accounting and Financial Reporting standards which, along with subsequent GASB pronouncements (Statements and Interpretations), constitutes GAAP for governmental units. The City’s more significant accounting policies are described below. A. Financial Reporting Entity In evaluating the City as a reporting entity, management has included in the accompanying financial statements the City of Clearwater (the primary government) and its component units, entities for which the government is considered to be financially accountable. The City has adhered to the standards set forth in GASB Statement No. 14, as amended by GASB Statement No. 39, in reporting the primary government (including blended component units), the reporting entity, and related organizations. Blended Component Unit – Clearwater Community Redevelopment Agency: Component units that meet the criteria for blended presentation in accordance with GASB Statement Number 14, as amended by GASB Statement No. 39, are reported in a manner similar to that of the primary government itself. Accordingly, throughout this report, data presented for the primary government includes data of the following blended component unit. The Clearwater Community Redevelopment Agency (CRA), created by authority of Florida Statute Chapter 163, Part III, and City of Clearwater Resolution 81-68, although it is legally separate, is reported as if it were part of the City (blended component unit) due to the City Council serving as the governing board of the CRA. Separate financial statements for the CRA are not available. However financial statements for the CRA are included in the City’s comprehensive annual financial report as a governmental non-major special revenue fund and a governmental non-major capital projects fund. Related Organization – Clearwater Housing Authority (CHA): CHA is a public housing authority created by City Resolution 69-5 (1969), under Section 421.04 of the Florida Statutes. CHA receives primary funding from the Federal Department of Housing and Urban Development (HUD). The City Council appoints the governing board, however the City Council is not able to impose its will on the CHA, nor does the City have any responsibility for the budget, debt, financing deficits, or fiscal management of CHA. Consequently it is not a component unit of the City of Clearwater. Separate audited financial statements of CHA as of September 30, 2012, are available from CHA. Related Organization – Downtown Development Board: The City of Clearwater serves as administrative agent for the Clearwater Downtown Development Board (DDB). The Downtown Development Board is an independent special district of the City of Clearwater with an independent board elected by its members, with its own levy (0.9651 mills for fiscal 2012) on downtown properties, and is not financially dependent upon the City. Consequently it is not a component unit of the City of Clearwater. The DDB’s cash balance held by the City as administrative agent is reflected in the City’s fiduciary agency fund. Separate audited financial statements of the DDB as of September 30, 2012, are available from the DDB. Attachment number 1 \nPage 52 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 41 Jointly governed organization – Florida Gas Utility: The City of Clearwater is a member of the Florida Gas Utility (FGU), a non-profit municipal public entity created for the sole purpose of reducing the costs of purchased gas for its members. FGU is a public body corporate and politic pursuant to Section 163.01 Florida Statutes (the Florida Interlocal Cooperation Act), as amended, and the Interlocal Agreement, dated September 1, 1989, which was subsequently amended by the Amended Interlocal Agreement on June 1, 1992, amended and restated by the Amended and Restated Interlocal Agreement, dated July 1, 1996, and thereafter amended and restated by the Second Amended and Restated Interlocal Agreement, dated July 27, 1999, (the Interlocal Agreement), executed and delivered among FGU and its members, which include municipalities, municipal utilities, and an interlocal agreement consisting of such entities. Due to the diverse needs of municipal utility systems, FGU established itself as a project-oriented agency. Under this structure, each member has the option whether or not to participate in a project. FGU has the authority to, among other things, plan, finance, acquire, construct, manage, operate, deliver, service, utilize, own, broker, exchange, and distribute natural gas, or other energy and energy services, pursuant to the Interlocal Agreement. As of September 30, 2012, FGU has 25 members. Separate audited financial statements of FGU as of September 30, 2012, are available from FGU. B. Basis of Presentation The City’s Basic Financial Statements contain three components: government-wide financial statements, fund financial statements, and notes to the financial statements. 1. Government-wide financial statements. The government-wide financial statements report information on all of the nonfiduciary activities of the primary government and its component unit using the accrual basis of accounting, which is similar to the accounting used by private-sector businesses. Governmental activities, which normally are supported by taxes and intergovernmental revenues, are reported separately from business-type activities, which rely to a significant extent on fees and charges for support. The statement of net assets presents information on all of the assets and liabilities of the City. The difference between assets and liabilities is reported as net assets. Changes in net assets may serve as an indicator of whether the financial position of the City is improving or deteriorating. The statement of activities demonstrates the degree to which the direct expenses of a given function or segment are offset by program revenues. Direct expenses are those that are clearly identifiable with a specific function or segment. Program revenues include 1) charges to customers or applicants who purchase, use, or directly benefit from goods, services, or privileges provided by a given function or segment and 2) grants and contributions that are restricted to meeting the operational or capital requirements of a particular function or segment. The operating grants include operating-specific and discretionary (either operating or capital) grants while the capital grants column reflects capital-specific grants. Taxes and other items not properly included among program revenues are reported instead as general revenues. All revenues and expenses are reported as soon as the underlying transaction has occurred, regardless of when cash is received or paid. As a general rule the effect of interfund activity has been eliminated from the government-wide financial statements. Exceptions to this general rule are payments-in-lieu of taxes and other interfund services provided and used. Elimination of these charges would distort the direct costs and program revenues reported for the various functions concerned. 2. Fund financial statements. Separate financial statements are provided for governmental funds, proprietary funds, and fiduciary funds, even though the latter are excluded from the government-wide financial statements. An emphasis is on the major funds in either the governmental or business-type categories. Major individual governmental funds and major individual enterprise funds are reported as separate columns in the fund financial statements. Non-major funds (by category) are summarized into a single column. Attachment number 1 \nPage 53 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 42 The City reports the following major governmental funds: The General Fund is the government’s primary operating fund. It accounts for all financial resources of the general government, except those required to be accounted for in another fund. The Special Development Fund is a special revenue fund used to account for impact fees, property taxes for road improvements, local option gas taxes, infrastructure taxes, and other revenues which are restricted legally or by City Council policy to be used for specific capital improvement projects. The Capital Improvement Fund is used to provide combined accounting presentation for all City capital improvement projects except those financed from proprietary funds or bond proceeds where bond ordinance provisions require the segregation of bond proceeds in separate funds. The City reports the following major enterprise funds: The Water and Sewer Utility enterprise fund is used to account for the financing, construction, operation, and maintenance of the water and sewer services of the City from charges made to users of the service. The Gas Utility enterprise fund is used to account for the financing, construction, operation, and maintenance of the gas services of the City from charges made to the users of the service. The Solid Waste Utility enterprise fund is used to account for the financing, construction, operation, and maintenance of the solid waste services of the City from charges made to the users of the service. The Stormwater Utility enterprise fund is used to account for the financing, construction, operation, and maintenance of the stormwater management system of the City from charges assessed against each developed property. Proprietary funds distinguish operating revenues and expenses from nonoperating items. Operating revenues and expenses generally result from providing services and producing and delivering goods in connection with the proprietary fund’s principal ongoing operations. Operating expenses for proprietary funds include the cost of sales and service, administrative expenses, and depreciation on capital assets. All revenues and expenses not meeting this definition are reported as nonoperating revenues and expenses. Additionally, the City reports the following fund types: Internal service funds account for fleet management, information technology, telephone, employee relations, facilities management, radio communications, insurance, and risk management services provided to other City departments on a cost reimbursement basis. The Garage, Administrative Services, General Services, and Central Insurance funds primarily benefit governmental funds and are consequently included as governmental activities. Pension trust funds account for the financial operation and condition of the Employees’ Pension Plan, the Firefighters’ Relief and Pension Plan, the Police Supplemental Pension Plan, and the Firefighters Supplemental Pension Plan. The Treasurer’s Escrow Agency Fund accounts for the receipt, custody, and expenditure of monies held temporarily in an agency capacity for other parties. The pension trust funds and the agency fund are fiduciary funds used to account for resources held for the benefit of parties outside the government. Fiduciary funds are not included in the government-wide financial statements because the resources of these funds are not available to support the City’s own programs. When both restricted and unrestricted resources are available for use, it is the City’s practice to use restricted resources first, then unrestricted resources as needed. Attachment number 1 \nPage 54 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 43 C. Measurement Focus and Basis of Accounting The government-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting, as are the proprietary fund and fiduciary fund financial statements. The agency fund included within the fiduciary fund financial statements also uses the accrual basis of accounting but does not have a measurement focus. Revenues are recorded when earned and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Property taxes are recognized as revenues in the year for which they are levied. Grants and similar items are recognized as revenue as soon as all eligibility requirements imposed by the provider have been met. Governmental fund financial statements are reported using the current financial resources measurement focus and the modified accrual basis of accounting. Revenues are recognized as soon as they are both measurable and available. Revenues are considered to be available when they are collectible within the current period or soon enough thereafter to pay liabilities of the current period. For this purpose, the City considers property tax revenues to be available if they are collected within 60 days of the end of the current fiscal year. Other revenues are considered to be available if they are collected within 90 days of fiscal year-end. Expenditures generally are recorded when a liability is incurred, as under accrual accounting. However, debt service expenditures, as well as expenditures related to compensated absences and claims and judgments, are recorded only when payment is due. Intergovernmental revenues, representing grants and assistance received from other governmental units, are generally recognized as revenues in the period when all eligibility requirements, as defined by GASB Statement 33, have been met, and funds are available from the grantor agency or government. Taxes, franchise fees, licenses, and interest associated with the current fiscal period are all considered susceptible to accrual and so have been recognized as revenues of the current fiscal period for the governmental funds. All other revenue items are considered to be measurable and available only when cash is received by the City. D. Assets, Liabilities, and Net Assets or Fund Balance 1. Deposits, pooled cash, and investments Investments with original maturities of three months or less are considered to meet the definition of cash equivalents. The majority of the investments in which the City's funds have equity are held by the City's consolidated pool of cash and investments. The City utilizes the consolidated cash pool to account for cash and investments of all City funds other than those that are required by ordinance to be physically segregated. The consolidated cash pool concept allows each participating fund to benefit from the economies of scale and improved yield that are inherent to a larger investment pool. Formal accounting records detail the individual equities of the participating funds. The cash pool utilizes a single checking account for all City receipts and disbursements. Since fund equities in this cash management pool have the general characteristics of demand deposits in that additional funds may be deposited at any time and also funds may be withdrawn at any time without prior notice or penalty, each fund's equity account is considered a cash equivalent regardless of the maturities of investments held by the pool. All individual fund cash equity in a deficit (overdraft) position with respect to the consolidated cash pool is reclassified at year-end to short-term interfund payables to the Capital Improvement Fund. The Capital Improvement Fund is the fund selected by management to reflect the offsetting interfund receivables in such cases. The City has an agreement with its depository bank to provide that all excess cash is swept daily and automatically into an overnight money market account which pays interest at the federal funds rate, with no requirement for a minimum compensating balance. The federal funds rate was 0.25% at September 30, 2012. This account is collateralized through the State of Florida Public Deposits Program. Under City Charter and the current Investment Policy, adopted by the City Council on September 9, 2010, consolidated cash pool investments are limited to the following: United States Government Securities, Certificates of Deposit in Local Banks, Repurchase Agreements, Savings Accounts in Local Banks, Federal Government Agency Securities, Municipal Attachment number 1 \nPage 55 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 44 Bonds issued by governmental entities within the state of Florida (other than City of Clearwater issues), and State of Florida Bonds. All investments are reported at fair value. The City utilizes a very conservative investment philosophy when it invests its pooled cash funds in that the return of the principal is more important than the return on the principal. The City does not actively trade its portfolio and generally holds investments until maturity. Through the use of a laddered approach to maturities and by timing maturities to cash needs, the City does not anticipate selling investments to meet cash flow requirements. Under the City’s Investment Policy, a performance measurement standard has been established. The performance measure chosen is a weighted average of: the overnight interest rate; and three month, six month, one year, three year, five year, and ten year Treasury rates, respectively. For the fiscal year ended September 30, 2012, the performance measure weighted average was 0.44%. The actual pooled cash earnings performance before bank charges was 1.56%. Investments being held outside of the consolidated cash pool include escrowed debt service investments and employee retirement investments. Permissible escrowed debt service investments are specifically defined in each individual debt instrument, but generally follow the same limitations applicable to consolidated cash pool investments. The City maintains four different employee retirement programs, and each one has its own list of permitted investments. Generally, each plan allows the same type of investments as the consolidated cash pool, but additionally allows some portion of its assets to be invested in corporate bonds, notes of corporations, and stocks that are listed on one or more of the recognized national or international stock exchanges. 2. Receivables and payables Activity between funds that are representative of lending/borrowing arrangements outstanding at the end of the fiscal year are referred to as either “due to/from other funds” (i.e. the current portion of interfund loans) or “advances to/from other funds” (i.e. the non-current portion of interfund loans). All other outstanding balances between funds are reported as “due to/from other funds.” Any residual balances outstanding between the governmental activities and business-type activities are reported in the government-wide financial statements as “internal balances”. All trade and property tax receivables are shown net of an allowance for uncollectibles. Trade accounts receivable less than 60 days are included in the trade accounts receivable allowance for uncollectibles at the five-year average loss experience rate of 3.45%. Trade accounts receivable in excess of 60 days are reserved at 40%. The property tax receivable allowance for uncollectibles is 10% of the current year portion of the receivable, and 30%, 50%, 70%, 90%, and 95% for the receivable portions attributable to the prior five years respectively (fiscal 2007 thru 2011), and 100% of the receivable attributable to fiscal years 2006 and prior. Property tax revenue is recognized in the fiscal year for which the taxes are levied, provided the availability test is met, in conformance with NCGA Interpretation No. 3. Property taxes for the following fiscal year are levied by Council action in September of each year. This levy is apportioned to property owners based on the previous January 1 assessed values. Tax bills are mailed out on or about November 1, and the collection period runs from November 1 through March 31. On April 1, unpaid property taxes are considered delinquent and become a lien. Tax certificates are sold in June for real property with delinquent taxes. Since taxes are not collected prior to November 1, the City does not record revenue for advance collections. Uncollected taxes receivable at year-end are recorded, with an appropriate allowance for estimated uncollectible amounts. The net amount deemed to be collectible but not current (not expected to be collected within sixty days after the close of the fiscal year) is shown as deferred revenue in the appropriate fund. All delinquent property taxes, except those levied specifically for the restricted purposes of financing activities accounted for in the Special Development Fund, are recorded in the General Fund. Property tax revenues are recognized in the General Fund and the required transfers to the appropriate debt service or pension fund are recorded as operating transfers from the General Fund. The City is permitted by State law to levy ten mills without referendum. Additional millage not subject to the ten mill limitation is authorized if approved by referendum. The tax rate of 5.1550 mills for the year ended September 30, 2012 was the same rate that was levied in the preceding fiscal year. Attachment number 1 \nPage 56 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 45 Water, gas, solid waste, stormwater, and recycling charges to customers are based on actual consumption. Consumption is determined on a monthly cycle basis. The City recognizes the unbilled consumption as revenue as of September 30th. 3. Inventories and prepaid items Inventories of proprietary funds are stated at cost and valued on the first-in first-out (FIFO) basis. In governmental funds, the majority of inventory items are accounted for under the purchases method, which provides that expenditures are recognized when the inventory item is purchased. The only governmental fund inventory that is accounted for under the consumption method is the General Fund inventory of items for resale at the City’s public fishing pier. Under the consumption method, the expenditure is recognized when the inventory item is sold (or consumed). Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items in both government-wide and fund financial statements. 4. Restricted assets Certain resources of the City’s enterprise funds are classified as restricted assets. Restricted assets include: Water and Sewer improvement charges restricted by the authorizing ordinances to the construction of additions and improvements to the water and sewer systems; Gas Utility and Solid Waste Utility restricted customer deposits; and assets of the Water & Sewer Utility, Gas Utility, and Stormwater Utility funds restricted under the provisions of authorizing ordinances for revenue bonds to the payment of future revenue bond debt service, system construction, and renewals and replacements. 5. Capital assets Capital assets, which include property, plant, equipment, and certain infrastructure assets, (e.g. roads, bridges, etc.) are reported in the applicable governmental or business-type activities columns in the government-wide financial statements. Capital assets, as defined by the City, are assets with an initial individual cost of more than $5,000 (amount not rounded). Individual assets that cost less than $5,000, but that operate as part of a network system, may be capitalized in the aggregate, using the group method. Additionally, higher thresholds for capitalization apply to the following categories: land improvements, $50,000; buildings, building improvements, and utility systems, $100,000; intangible assets, $100,000; and infrastructure, $500,000. Capital assets are recorded at historical cost or estimated historical cost if purchased or constructed. Donated capital assets are recorded at estimated fair value at the date of donation. The costs of normal maintenance and repairs that do not add to the value of the asset or materially extend asset lives are not capitalized. Major outlays for capital assets and improvements are capitalized as projects are constructed. Interest incurred during the construction phase of capital assets of business-type activities is included as part of the capitalized value of the assets constructed. The total interest expense incurred by business-type activities during the current fiscal year was $10,213,024. Interest expense amounts were netted against related project interest earnings of $12,542, $0, and $0, respectively, to arrive at net capitalized interest of $503,603, $67,489, and $20,655 for water & sewer, gas, and stormwater system projects, respectively. Property, plant, equipment, and intangible assets of the primary government are depreciated using the straight-line method over the following estimated useful lives: Attachment number 1 \nPage 57 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 46 Assets Years Buildings 10 – 40 Public domain infrastructure 20 – 40 Utility systems 18 – 40 Machinery & equipment 5 – 15 Vehicles 5 – 10 Intangible assets 5 – 20 6. Compensated absences It is the City’s policy to permit employees to accumulate earned but unused vacation and sick pay benefits. Vacation and sick leave “caps” vary depending upon an employee’s bargaining unit, hire date, etc, but generally employees may accumulate vacation time not exceeding 320 hours and sick leave not exceeding 1,560 hours. Upon retirement from City service a qualified employee is paid for all vacation time not exceeding the applicable vacation “cap” and one-half of accumulated unused sick leave not exceeding the sick leave cap (i.e. maximum pay-out of 780 hours for an employee with a 1,560 hour cap). The City accrues for all earned but unused vacation pay up to the applicable cap and the portion of unused sick leave estimated to be payable upon retirement. The current portion of compensated absences is the amount estimated to be used in the following year. For governmental activities, compensated absences are liquidated within the same governmental funds where the employee vacation and/or sick leave was earned. 7. Long-term obligations In the government-wide financial statements, and proprietary fund types in the fund financial statements, long-term debt and other long-term obligations are reported as liabilities in the applicable governmental activities, business-type activities, or proprietary fund type statement of net assets. Bond premiums and discounts, as well as issuance costs, are deferred and amortized over the life of the bonds using the straight-line method. Bonds payable are reported net of the applicable bond premium or discount. Bond issuance costs are reported as deferred charges and amortized over the term of the related debt. In the fund financial statements, governmental fund types recognize bond premiums and discounts, as well as bond issuance costs, during the current period. The face amount of debt issued is reported as other financing sources. Premiums received on debt issuances are reported as other financing sources while discounts on debt issuances are reported as other financing uses. Issuance costs, whether or not withheld from the actual debt proceeds received, are reported as debt service expenditures. 8. Fund balance policies The fund balance of governmental funds is reported in various classifications that comprise a hierarchy based primarily on the extent to which the government is bound to observe constraints imposed upon the use of the resources reported in the governmental funds. Each classification of fund balance is based on the relative strength of the constraints that control how specific amounts can be spent. The order of spending follows the same hierarchy. Restricted resources are applied first when expenditures are incurred for purposes for which either restricted or unrestricted (committed, assigned or unassigned) amounts are available. Similarly, within unrestricted fund balance, committed amounts are reduced first followed by assigned, and then unassigned amounts when expenditures are incurred for purposes for which amounts in any of the unrestricted fund balance classifications could be used. Attachment number 1 \nPage 58 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 47 Nonspendable fund balance represents amounts that cannot be spent, such as inventories, prepaid amounts, and amounts that are legally or contractually required to remain intact. Restricted fund balance includes amounts that can be spent only for the specific purposes stipulated by constitution, external resource providers, or through enabling legislation. Committed fund balance includes amounts that can be used only for the specific purposes determined by the adoption of an ordinance prior to the end of the fiscal year by the City Council, the highest level of decision-making authority. Once adopted by ordinance, a commitment can only be revised or removed by the adoption of another ordinance. Assigned fund balance includes amounts that are intended to be used by the government for specific purposes but do not meet the criteria to be classified as restricted or committed because they are supported by management’s intent rather than a formal action of the City Council. The Finance Director is authorized by Section 2.511 of the Code of Ordinances to assign fund balance. Since assignments only exist temporarily, no further action is required to revise or remove them. Unassigned fund balance includes amounts not classified in the above categories. Positive unassigned fund balance may only be reported in the general fund. In all other funds, unassigned fund balance is limited to negative residual fund balances. Minimum fund balance: Per City Council Policy a minimum General Fund unassigned balance of 8.0% of the subsequent year’s budgeted expenditures must be maintained as a contingency fund for unanticipated financial needs. In addition, 0.5% of the subsequent year’s budgeted expenditures must be maintained to fund unanticipated retirements of employees residing in General Fund departments. Budgeted appropriations will maintain these minimum reserves of 8.5% of subsequent year’s budgeted expenditures, with excess reserves available for specific capital improvement projects or other “one-time” needs. Stabilization arrangement. As of September 30, 2012, the City Council has not established a revenue stabilization reserve. Note II – Stewardship, Compliance, and Accountability A. Budgets and budgetary accounting Annual budgets are legally adopted for the General Fund, Special Development special revenue fund, and the Community Redevelopment Agency special revenue fund. The budget for the Special Development Fund is adopted on a basis consistent with GAAP, and appropriations lapse at year-end. Appropriations for open encumbered purchase orders at year- end in the General Fund do not lapse, but rather continue until liquidated or otherwise cancelled by City Council action. For the General Fund budgetary comparison statements, actual expenditures have been adjusted to include end-of-year encumbrances and to exclude beginning-of-year encumbrances, in order to provide a meaningful comparison. Except for the treatment of encumbrances and certain transactions relating to interfund loans, the General Fund Budget is adopted on a basis consistent with GAAP, and all non-encumbered appropriations lapse at year-end. The level of budgetary control established by the legislative body, the level on which expenditures may not legally exceed appropriations, is the individual fund. In accordance with provisions of Ordinance 5025-90 and with Section 2.519(4) of the Clearwater Code, the City Manager may transfer part or all of any unencumbered appropriation balance among programs within an operating fund, provided such action does not result in the discontinuance of a program. Such transfers must be included in the next budget review presented to the City Council. Upon detailed written request by the City Manager, the City Council may by ordinance transfer part or all of any unencumbered appropriation balance from one fund to another. As established by administrative policy, department directors may transfer money from one operating code to another within a program without a formal written amendment. Formal requests for budget amendments from department directors are required for transfers, capital expenditures, and reserves. Thus, certain object classifications within departmental and/or program budget appropriations are subject to administratively imposed controls, in addition to the legal controls imposed by City Council action described above. Attachment number 1 \nPage 59 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 48 The Community Redevelopment Agency (CRA) Fund annual budget is adopted by the trustees of that agency in accordance with state law. The level of budgetary control is the total fund. The CRA Fund Budget is adopted on a basis consistent with GAAP, and all appropriations lapse at year-end. Budget amounts presented in the accompanying financial statements reflect all amendments adopted by the City Council and the governing board of the component unit. All amendments were adopted in conformance with legal requirements. Individual amendments, as well as the net effects of all amendments during the fiscal year, were not material in relation to the original appropriations for the governmental funds in the aggregate. Budgets for the Capital Projects Funds, the Special Programs Fund, the Local Housing Assistance Trust Fund, and the Pinellas County Local Housing Assistance Trust Fund are adopted on a multi-year completed program basis, where budgetary appropriations do not lapse at year-end, but may extend across two or more fiscal years. A comparison of annual results with these budgets would not be meaningful and is therefore not included in this report. All City Council adopted budgets are integrated into the formal accounting system to allow for monthly comparison of projected and actual results in all funds for which budgets are adopted. Note III – Detailed Notes on All Funds A. Deposits and investments Investments with original maturities of three months or less are considered to meet the definition of cash equivalents. The majority of the investments in which the City's proprietary funds have equity are held by the City's consolidated pool of cash and investments. Since fund equities in this cash management pool have the general characteristics of demand deposits, in that additional funds may be deposited at any time and also funds may be withdrawn at any time without prior notice or penalty, each fund's equity account is considered a cash-equivalent regardless of the maturities of investments held by the pool. Funds with deficit (overdraft) positions within the consolidated pool report the deficits as interfund payables to the City's Capital Improvement Fund. Deposits All cash of the City is entirely insured either by federal depository insurance or via banks’ participation as qualified public depositories pursuant to Florida Statutes, Chapter 280, “Security for Public Deposits”. The City is required to verify that monies are invested in “qualified public depositories” as defined in Florida Statutes section 280.02. Pooled Cash and Investments To increase returns and minimize fees, the City follows the practice of pooling available cash and investments of all funds with the exception of retirement plan investments and assets held under Bond Trust Indenture Agreements. Please refer to Note (I)(D)(1) for a discussion of allowable investments under the pooled cash and investments investment policy. All investments at year-end were in compliance with the pooled cash and investments investment policy. Attachment number 1 \nPage 60 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 49 Carrying% ofWeighted avgMoody's Pooled Cash and Investments Amount Portfolio maturity (years)Rating Cash and cash equivalents: Cash on hand43,772$ 0.01%N/AN/A Money Markets19,715,028 5.75%N/AN/A Total cash and cash equivalents19,758,800 Investments: Treasuries2,286,953 0.67%6.00Aaa U.S. Agencies: Farmer Mac (FAMCA)17,433,198 5.08%1.77Aaa Government National Mortgage Assn (GNMA)25,454,772 7.42%2.81Aaa Federal Farm Credit Bank (FFCB)30,804,887 8.98%1.66Aaa Federal Home Loan Bank (FHLB)47,065,679 13.72%4.71Aaa Federal Home Loan Mortgage Assn (FHLMC) 19,522,682 5.69%2.22Aaa Federal National Mortgage Assn (FNMA)57,708,994 16.82%6.19Aaa Federal National Mortgage Assn (FNMA) Zeroes8,055,340 2.35%9.46Aaa Dept of Housing and Urban Development (HUD)4,768,401 1.39%4.94Aaa Student Loan Marketing Association (SLMA)7,149,157 2.08%2.35Ba1/NR Other Government Sponsored Agencies7,398,173 2.16%2.72Aaa Other Government Sponsored Agencies - Zeroes6,910,143 2.01%5.37Aaa Total U.S. Agencies232,271,426 Municipal bonds34,969,268 10.19%2.89Aa1/Aa2/Aa3 Municipal bonds17,580,117 5.12%3.54A1/A2/A3 Municipal bonds3,930,706 1.15%5.64NR Total municipal bonds56,480,091 Asset Backed Bonds10,449,212 3.05%5.38Aaa Collateralized mortgage obligations21,795,440 6.35%2.80Aaa Total investments323,283,122 Total pooled cash and investments343,041,922$ 100.00%3.85 Attachment number 1 \nPage 61 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 50 Cash and investments as of September 30, 2012 are classified in the accompanying financial statements as follows: Statement of net assets 09/30/12 Primary Government: Cash and investments268,792,940$ Restricted cash and investments67,737,632 Fiduciary Funds: Cash and investments-pension funds6,241,408 Cash and investments-agency fund269,942 Total cash and investments343,041,922$ Interest Rate Risk – Pooled Cash and Investments: As a means of limiting exposure to fair value losses arising from rising interest rates, the City’s pooled cash investment policy prohibits investments in securities maturing more than fifteen years from the date of purchase, unless matched to a specific cash flow requirement. Additionally, the policy allows no more than 10% of the portfolio to have maturities in excess of ten years unless specifically matched against a debt or obligation. Finally, the policy requires that the weighted average maturity be four years or less, except for temporary situations due to market conditions and/or cash needs when the average maturity may exceed four years but shall not exceed five years. Weighted average maturities for the City’s pooled cash investments are indicated in the table above. Credit Risk – Pooled Cash and Investments: The City’s pooled cash investment policy, in accordance with Florida Statutes, allows investments to direct obligations of the United States, federal agencies, debt issued by the State of Florida or any political subdivision, and commercial paper of prime quality of the highest letter and numerical rating as provided by at least one nationally recognized rating service. Ratings for the City’s pooled cash investments are disclosed in the preceding table. Concentration of Credit Risk – Pooled Cash and Investments: The City’s pooled cash investment policy limits the investment in any one issuer to 40% of the portfolio. Concentrations for several issuers exceeded 5% as disclosed in the preceding table, though none exceeded the 40% limit per the policy. Pension Plan Assets The City reports four pension funds in the accompanying financial statements. Each of the plans has a separate governing board of trustees, a separate investment policy, and differing investment restrictions/risks. Consequently each is disclosed separately below. All investments at year-end were in compliance with the respective plan investment policies. Please refer to Note (I)(D)(1) for a discussion of allowable investments under the pension plans. Employees Pension Plan At year-end, the Employees’ Pension Plan cash and investment balances were as follows: Attachment number 1 \nPage 62 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 51 Carrying% of Weighted avgS&P Employees' Pension Plan Cash and Investments Amount Portfolio maturity (years)Rating Cash and cash equivalents: Cash and cash equivalents - pooled cash 2,707,983$ 0.39%N/AN/A Cash in managed investment accounts 19,123,176 2.74%N/AN/A Total cash and cash equivalents 21,831,159 Investments: Government bonds 32,290,462 4.62%Aaa Government bonds 865,937 0.12%Aa2 Government bonds 3,819,796 0.55%A1 Government bonds 2,003,981 0.29%A2 Government bonds 1,005,606 0.14%A3 Government bonds 2,974,461 0.43%Baa1/WR U.S. agencies 4,362,747 0.62%AGY U.S. agencies 5,163,076 0.74%Aaa U.S. agencies 404,416 0.06%Aa1 U.S. agencies 707,097 0.10%Aa3 U.S. agencies 141,815 0.02%Baa1 Domestic corporate bonds 3,383,824 0.48%Aa1/Aa2/Aa3 Domestic corporate bonds 22,031,996 3.15%A1/A2/A3 Domestic corporate bonds 43,584,459 6.24%Baa1/Baa2/Baa3 Domestic corporate bonds 1,680,796 0.24%Ba1/Ba2/Ba3 Domestic corporate bonds 515,000 0.07%B1/B2/B3 Domestic corporate bonds 1,802,208 0.26%NRWR Asset backed bonds 1,386,427 0.20%16.1 Aaa/Baa2/NR Domestic stocks 264,952,603 37.94%N/AN/A International equity securities 60,027,026 8.60%N/AN/A Mortgage backed bonds 55,656,320 7.97%24.2 AGY/Aaa International equity mutual funds 38,990,976 5.58%N/AN/A Domestic equity mutual funds 94,454,202 13.52%N/AN/A Real Estate/Timber 34,336,944 4.92% Total investments 676,542,175 Total cash and investments 698,373,334$ 100.00% 9.7 7.4 6.3 Interest Rate Risk – Employees’ Pension Plan: As a means of limiting exposure to fair value losses arising from rising interest rates, the Employees’ Pension Plan investment policy limits the investment in fixed income investments to no more than 50% of the portfolio. There are no limits related to weighted average maturities due to the long-term nature of pension plan investing. Credit Risk – Employees’ Pension Plan: The Employees’ Pension Plan investment policy limits credit risk by restricting equity investments to corporations that are listed on one of the national or international stock exchanges. Additionally, fixed income corporate bonds must carry an “investment grade” rating as established by one of the nationally recognized rating agencies. At September 30, 2012, the Plan had $3,998,004 invested in domestic corporate bonds that had fallen below investment grade (Ba1 and lower) as the result of investment downgrades, as indicated on the table above. The respective money managers notified the Plan Attachment number 1 \nPage 63 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 52 administrators of the downgrades and the planned courses of action related to these securities on a timely basis, consistent with the policy’s individual manager guidelines. Concentration of Credit Risk – Employees’ Pension Plan: The Employees’ Pension Plan investment policy limits concentration of credit risk by limiting the investment in common stock or capital stock of any one corporation to 3% of the plan equity assets, unless due to a higher percentage included in a nationally recognized market index at least as broad as the Standard and Poor’s Composite Index of 500 companies, or upon a specific finding by the investment committee that such higher percentage is in the best interest of the fund. Additionally, the individual manager guidelines associated with the policy provide further diversification of both equity and fixed income investments to minimize concentration of credit risk. Foreign Currency Risk – Employees’ Pension Plan: Risk of loss arises from changes in currency exchange rates. The Employees’ Pension Plan investment policy does not have a formal policy to limit foreign currency risk, other than a guideline of no more than 25% of the plan assets invested in international equities. The Pension Plan’s exposure to foreign currency risk is as follows: Investment Currency Fair Value Investment Currency Fair Value Common StockHong Kong Dollar6,376,677 Common StockHungary Forint564,152 Common StockUnited Kingdom UK Pound3,496,736 Common StockEgypt Pound553,372 Common StockJapanese Yen2,888,967 Common StockQatar Rial546,186 Common StockTaiwan Dollar2,376,626 Common StockMorocco Dirham542,592 Common StockSouth Korea Won2,296,135 Common StockColombia Peso492,286 Common StockMexico Pesos2,225,706 Common StockU.A.E. Emirati Dirham477,912 Common StockSouth Africa Rand2,170,369 Common Stock Netherlands Euro 359,772 Common StockBrazil Real2,121,500 Common StockNigeria N'aira309,026 Common StockIndia Rupee2,091,316 Common StockKenya Shilling305,433 Common StockAustria Euro1,626,168 Common StockPakistan Rupee283,873 Common StockNorwegian Krone1,331,155 Common StockJordan Dinar280,279 Common StockSingapore Dollar1,302,312 Common StockOman Rial280,279 Common StockThailand Bath1,182,204 Common StockCroatia Kuna244,346 Common StockPoland Zloty1,160,644 Common Stock France Euro 237,432 Common StockIndonesia Rupiah1,149,864 Common StockPeru nuevo sol222,786 Common StockMalaysia Ringgit1,128,304 Common StockRomania N'ew Leu190,446 Common StockChile Peso1,121,118 Common StockMauritius Rupee129,360 Common StockTurkey Liras1,121,118 Common StockTunisian Dinar104,206 Common StockSwedish Krona1,032,545 Common StockBangladesh Taka93,426 Common StockCzeck Rep Koruna977,890 Common StockBotswana Pula64,680 Common StockSwiss Franc744,728 Common StockGhana Cedi21,560 Common StockGermany Euro590,026 Common StockRussian Ruble14,373 Common StockKuwait Dinar589,305 Common StockChinese Yan Renminibi3,593 Common StockPhilippines Peso578,526 Common StockBulgaria Lev3,593 Total48,004,902$ Attachment number 1 \nPage 64 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 53 Firefighters’ Relief and Pension Plan At year-end, the Firefighters’ Relief and Pension Plan cash and investment balances were as follows: Carrying% ofWeighted avgMoody's Amount Portfolio maturity (years)Rating Cash and cash equivalents: Cash and cash equivalents2,713,437$ 45.71%N/AN/A Total cash and cash equivalents2,713,437 Investments: U.S. agency - Farmer Mac (FAMCA)1,219,675 20.55%4.40Aaa U.S. agency - Fannie Mae (FNMA)1,008,977 17.00%4.55Aaa U.S. agency - Federal Home Loan Bank (FHLB)993,822 16.74%4.59Aaa Total investments3,222,474 Total managed cash and investments5,935,911$ 100.00% Interest Rate Risk – Firefighters’ Relief and Pension Plan: As a means of limiting exposure to fair value losses arising from rising interest rates, the Firefighters’ Relief and Pension Plan investment policy limits the target investment in fixed income investments to no more than 70% of the portfolio. There are no limits related to weighted average maturities due to the long-term nature of pension plan investing. Credit Risk – Firefighters’ Relief and Pension Plan: The Firefighters’ Relief and Pension Plan investment policy limits credit risk by restricting the fixed income investments to investment grade securities, per a nationally recognized ranking agency. Concentration of Credit Risk – Firefighters’ Relief and Pension Plan: The Firefighters’ Relief and Pension Plan investment policy limits concentration of credit risk by limiting the target allocation of the plan to domestic fixed income to 70% of the portfolio, with the remainder of the portfolio allocated to the City’s well- diversified pooled cash portfolio (see above disclosure). There are no additional limitations on concentrations with individual issuers or agencies due to the relatively small portfolio of this closed pension plan. Foreign Currency Risk – Firefighters’ Relief and Pension Plan: The Firefighters’ Relief and Pension Plan investment policy does not permit investment in foreign fixed income or equity securities. Attachment number 1 \nPage 65 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 54 Police Supplemental Pension Plan At year-end, the Police Supplemental Pension Plan cash and investment balances were as follows: Carrying% ofWeighted avgMoody's Amount Portfolio maturity (years)Rating Cash and cash equivalents: Cash in bank 819,988$ 5.2%N/A N/A Cash in managed investment accounts151,634 1.0%N/A N/A Total cash and cash equivalents971,622 Investments: Treasuries2,942,887 18.7%7.40Aaa U.S. agencies642,556 4.1%1.90Aaa Domestic corporate bonds946,367 6.0%A1/A2/A3 Domestic corporate bonds81,586 0.5%Aa3 Domestic corporate bonds148,339 0.9%Baa1/Baa2 Domestic corporate bonds39,030 0.2%N/R Domestic stocks7,721,708 49.0%N/A N/A Mortgage backed bonds1,739 0.0%0.003N/A International equity mutual funds2,253,561 14.3%N/A N/A Total investments14,777,773 Total managed cash and investments15,749,395$ 100.0% 6.20 Interest Rate Risk – Police Supplemental Pension Plan: As a means of limiting exposure to fair value losses arising from rising interest rates, the Police Supplemental Pension Plan investment policy limits the duration of the fixed income portfolio to 125% of the duration of the Barclays Government/Credit Bond Index subject to quarterly review. Additionally, no issues, Treasury, or Corporate Bonds may be purchased with more than 15 years to maturity. Credit Risk – Police Supplemental Pension Plan: The Police Supplemental Pension Plan investment policy limits credit risk by restricting equity investments to corporations that are listed on any one or more of the recognized national stock exchanges. Additionally, fixed income security investments are limited to U.S. Government and agency obligations; “A” rated or higher corporate bonds, debentures and preferred stocks; and bonds and other evidence of indebtedness issued or guaranteed by a corporation organized under the laws of the United States, any state, or organized territory of the United States or District of Columbia provided the corporation meets the standards set forth in section 185.06(1)(b), Florida Statutes as amended from time to time. Finally, the investment policy requires that investment managers dispose of any issue that has been downgraded below “A” as soon as is economically feasible. Concentration of Credit Risk – Police Supplemental Pension Plan: The Police Supplemental Pension Plan investment policy limits concentration of credit risk by limiting the stock position of the equity portfolio to no more than 3 percentage points in excess of the S&P 500. Additionally, any sector position of the equity portfolio may not exceed the S&P 500 sector weighting by more than 10 percentage points without written approval from the Board. Investments in fixed income securities of a single issuer with the exception of the U.S. Government and its agencies may not exceed 5 percent of the fixed income portfolio’s value at cost. Attachment number 1 \nPage 66 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 55 Foreign Currency Risk – Police Supplemental Pension Plan: Risk of loss arises from changes in currency exchange rates. The Police Supplemental Pension Plan investment policy does not have a formal policy to limit foreign currency risk, other than a guideline of that no more than 25% of the total portfolio at cost may be invested in foreign securities. The Plan has no current exposure to foreign currency risk. Firefighters Supplemental Pension Plan At year-end, the Firefighters Supplemental Pension Plan cash and investment balances were as follows: Carrying% ofWeighted avgMoody's Amount Portfolio maturity (years)Rating Cash and cash equivalents: Cash in managed investment accounts378,215$ 3.0%N/A N/A Total cash and cash equivalents378,215 Investments: U.S. Treasury obligations307,033 2.4%11.80Aaa Municipal obligations123,471 1.0%A2, Aa3 Municipal obligations35,353 0.3%Baa1 Municipal obligations32,743 0.3%N/R Domestic corporate bonds1,600,899 12.8%A1, A2, A3 Domestic corporate bonds125,329 1.0%Aa3 Domestic corporate bonds94,612 0.7%Ba2 Domestic corporate bonds1,548,824 12.3%Baa1, Baa2, Baa3 Domestic corporate bonds37,137 0.3%N/A Domestic corporate bonds170,690 1.4%N/R Domestic stocks2,129,769 17.0%N/A N/A Mortgage backed bonds1,411,600 11.2%18.50N/A Domestic equity mutual funds2,971,595 23.7%N/A N/A International equity mutual funds1,581,558 12.6%N/A N/A Total investments12,170,613 Total managed cash and investments12,548,828$ 100.0% 8.00 7.80 Interest Rate Risk – Firefighters Supplemental Pension Plan: As a means of limiting exposure to fair value losses arising from rising interest rates, the Firefighters Supplemental Pension Plan investment policy limits the duration of the fixed income portfolio to 135% of the duration of the Barclay’s Capital Aggregate Bond Index. Credit Risk – Firefighters Supplemental Pension Plan: The Firefighters Supplemental Pension Plan investment policy limits credit risk by restricting equity investments to securities that are fully and easily negotiable. Investments in corporations whose stock has been publicly traded for less than one year are limited to 15% of the equity portfolio. Investment in equity securities whose market capitalization is less than $2 billion dollars shall be limited to 25% of the total equity portfolio. The average credit quality of the bond portfolio shall be “A” or higher, and those securities rated below “BBB” shall not exceed 15% of the entire fixed income portfolio. Attachment number 1 \nPage 67 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 56 Concentration of Credit Risk – Firefighters Supplemental Pension Plan: The Firefighters Supplemental Pension Plan investment policy limits concentration of credit risk by limiting the investment in common stock or capital stock of any one issuing company within an investment manager’s portfolio to 5% of the portfolio. Similarly, no more than 5% of a fixed income investment manager’s portfolio may be invested in the securities of any single corporate issuer per the plan investment policy. Finally, investments in collateralized mortgage obligations are limited to 25% of the investment manager’s total portfolio. Foreign Currency Risk – Firefighters Supplemental Pension Plan: Risk of loss arises from changes in currency exchange rates. The Firefighters Supplemental Pension Plan requires that no more than 25% of the plan’s total assets may be invested in foreign equity securities, commingled or mutual funds. Direct investment in foreign companies is limited to those traded on a national exchange and/or American Depository Receipts (ADR’s). B. Receivables Receivables as of year-end for the City’s governmental, proprietary and internal service funds, including the applicable allowances for uncollectible accounts for the proprietary funds, are segregated on the fund financial statements. The Mortgages, Notes, and Other Loans amount of $17,011,899 reported on the Governmental Funds balance sheet includes $16,930,566 of long-term loans receivable that are not expected to be collected within the next fiscal year. Mortgage notes receivable and related payment history are reviewed individually on an annual basis to determine collectability for allowance and bad debt determinations. Receivables as of year-end for the primary government’s individual major funds, as well as non-major funds and internal service funds in the aggregate, are as follows: Receivables, net of applicable allowances for uncollectible accounts (amounts in thousands): Franchise Taxes Fees Interest Accounts Notes Other Total General fund1,715$ 936$ 150$ 181$ -$ -$ 2,982$ Special Development 64 - 178 - - - 242 Capital Improvement- - 2 - - - 2 Non-major governmental funds- - 84 - 17,281 88 17,453 Internal service funds- - 237 - - 47 284 Total governmental1,779 936 651 181 17,281 135 20,963 Less: Allowance for uncollectible(614) - - - (269) - (883) Net governmental receivables1,165$ 936$ 651$ 181$ 17,012$ 135$ 20,080$ Water and Sewer Utility-$ -$ 429$ 6,047$ -$ 187$ 6,663$ Gas Utility- - 129 2,780 - 458 3,367 Solid Waste Utility- - 105 1,845 - - 1,950 Stormwater Utility- - 103 2,248 - - 2,351 Non-major enterprise funds- - 96 288 - - 384 Total business-type- - 862 13,208 - 645 14,715 Less: Allowance for uncollectible- - - (247) - - (247) Net business-type receivables-$ -$ 862$ 12,961$ -$ 645$ 14,468$ Attachment number 1 \nPage 68 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 57 C. Capital assets Capital asset activity for the year ended September 30, 2012: BeginningEnding Governmental Activities:BalanceIncreasesDecreasesBalance Non-depreciable capital assets: Land79,113,502$ 1,513,780$ -$ 80,627,282$ Construction in progress5,189,267 7,394,898 (7,451,633) 5,132,532 Total non-depreciable capital assets84,302,769 8,908,678 (7,451,633) 85,759,814 Depreciable capital assets: Buildings129,260,822 2,391,816 - 131,652,638 Improvements other than buildings29,097,221 408,706 - 29,505,927 Machinery and equipment76,682,651 4,602,341 (2,528,532) 78,756,460 Infrastructure139,403,762 3,863,525 - 143,267,287 Total depreciable capital assets374,444,456 11,266,388 (2,528,532) 383,182,312 Less accumulated depreciation for: Buildings(39,535,033) (4,218,457) - (43,753,490) Improvements other than buildings(12,482,708) (1,282,713) - (13,765,421) Machinery and equipment(58,444,342) (5,621,633) 2,357,221 (61,708,754) Infrastructure(71,124,649) (4,650,545) - (75,775,194) Total accumulated depreciation(181,586,732) (15,773,348) 2,357,221 (195,002,859) Net depreciable capital assets192,857,724 (4,506,960) (171,311) 188,179,453 Net governmental activities capital assets277,160,493$ 4,401,718$ (7,622,944)$ 273,939,267$ BeginningEnding Business-type activities:Balance Increases Decreases Balance Non-depreciable capital assets: Land31,280,681$ 86,877$ -$ 31,367,558$ Construction in progress12,201,126 12,872,127 (6,609,814) 18,463,439 Total non-depreciable capital assets43,481,807 12,959,004 (6,609,814) 49,830,997 Depreciable capital assets: Buildings25,769,172 472,129 - 26,241,301 Improvements other than buildings528,165,333 19,164,259 (415,837) 546,913,755 Machinery and equipment9,654,877 329,741 (285,672) 9,698,946 Total depreciable capital assets563,589,382 19,966,129 (701,509) 582,854,002 Less accumulated depreciation for: Buildings(13,502,688) (936,760) - (14,439,448) Improvements other than buildings(207,309,028) (16,936,151) 415,837 (223,829,342) Machinery and equipment(7,035,874) (609,286) 269,099 (7,376,061) Total accumulated depreciation(227,847,590) (18,482,197) 684,936 (245,644,851) Net depreciable capital assets335,741,792 1,483,932 (16,573) 337,209,151 Net business-type activities capital assets379,223,599$ 14,442,936$ (6,626,387)$ 387,040,148$ Attachment number 1 \nPage 69 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 58 Depreciation expense was charged to functions / programs of the primary government as follows: Governmental activities: General government763,433$ Public safety 1,110,511 Physical environment128,503 Transportation, including depreciation of general infrastructure assets4,610,851 Economic environment22,957 Culture and recreation4,350,027 Capital assets held by the governmental internal service funds are charged to the various functions based on their usage of the assets Total depreciation expense - governmental activities15,773,348$ 4,787,066 Business-type activities: Water and sewer utility12,322,669$ Gas utility 1,728,617 Solid waste utility263,867 Stormwater utility2,625,472 Recycling utility127,024 Marine operations111,273 Aviation operations197,481 Parking system operations275,688 Harborview Center operations502,792 Clearwater Harbor Marina operations327,314 Total depreciation expense - business-type activities18,482,197$ Construction commitments At September 30, 2012, material outstanding construction commitments were as follows: Construction Commitments ProjectFundOutstanding Reverse Osmosis Plant Expansion - Reservoir #2Water & Sewer Utility enterprise fund907,747$ Reverse Osmosis Plant Expansion - Reservoir #1Water & Sewer Utility enterprise fund1,815,818 Reclaimed Water Distribution SystemWater & Sewer Utility enterprise fund1,202,378 Sanitary Sewer Renewal & ReplacementWater & Sewer Utility enterprise fund1,269,780 Water Pollution Control Repair & ReplacementWater & Sewer Utility enterprise fund619,300 Facilities Upgrades & ImprovementsWater & Sewer Utility enterprise fund6,785,587 Wastewater Treatment Plant New Presses Water & Sewer Utility enterprise fund582,600 Storm Pipe System ImprovementsStormwater Utility enterprise fund645,355 Total Construction Commitments 13,828,565$ Attachment number 1 \nPage 70 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 59 D. Interfund receivables, payables, and transfers 1. Interfund balances As discussed in Note III-A, individual fund deficits in the consolidated cash pool, if any, have been reclassified as of September 30, 2012, as interfund loans from the Capital Improvement Fund, which was selected by management for this purpose. This reclassification results in a corresponding reduction in the cash equity in the Capital Improvement Fund, offset by an increase in interfund receivables. As of September 30, 2012, the Notes and Mortgages debt service fund reported a cash pool deficit of $87,329. The amounts of the reclassified cash pool deficits, if any, as well as the current portion of other individual fund interfund payable and receivable balances are classified as Due from/to Other Funds. The long-term portions of other interfund balances are classified as Advances to/from Other Funds. Due fromDue toAdvances toAdvances from FundOther FundsOther FundsOther FundsOther Funds Special Revenue Funds: Special Programs-$ -$ 974,267$ -$ Community Redevelopment Agency- 316,667 - 2,557,600 Debt Service Fund: Notes and Mortgages- 87,329 - - Capital Project Fund: Capital Improvement87,329 - - 3,562,209 Enterprise Fund: Aviation Operations- 20,271 - 60,814 Internal Service Funds: Administrative Services- 91,654 - 366,614 Central Insurance428,592 - 5,572,970 - 515,921$ 515,921$ 6,547,237$ 6,547,237$ Descriptions of interfund loans as of September 30, 2012: An internal ten-year loan from the Central Insurance Fund to the Administrative Services Fund for purchase and installation of fiber optic cable and termination equipment. The loan provides for ten annual payments of $91,654 plus interest at the cash-pool rate, due on September 30 of each year. The loan commenced September 30, 2003 with the first annual principal payment due September 30, 2008, the year that the infrastructure project was completed. The current portion ($91,654) is classified as due to/from other funds, while the long-term portion ($366,614) is classified as an advance. An internal five-year loan from the Central Insurance Fund to the Aviation Operations enterprise fund, for the construction of a new multi plane hangar, in the amount of $101,357. The loan provides for five annual payments of $20,271 plus interest at the cash-pool rate, due on September 30 of each year. The loan commenced April 2, 2008, with the first principal payment due September 30, 2012, the year that construction was completed. The current portion of this loan ($20,271) is classified as due to/from other funds, while the long-term portion ($60,814) is classified as an advance. Three internal loans from the Special Programs special revenue fund to the Community Redevelopment Agency special revenue fund totaling $974,267 related to the purchase, remediation, and development of downtown parcels. A loan in the amount of $350,000 approved on May 19, 2005, and a subsequent loan of an additional $350,000 approved on June 5, 2008, are related to the Clearwater Automotive site. An unused portion of $51,173 was repaid in fiscal 2010, leaving a balance of $648,827 for these two loans. A third loan in the amount of $325,440, approved on September 1, 2011, is related to the Car Attachment number 1 \nPage 71 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 60 Pro site. These loans are interest-free and are to be repaid upon sale of the developed parcels. Because the first principal payment is not due within one year, these loans are classified as an advance. An internal loan from the Central Insurance Fund to the Community Redevelopment Agency special revenue fund in the amount of $1,900,000 to underwrite the acquisition, closing costs and site demolition costs related to the acquisition of the Economy Inn and surrounding properties in the East Gateway area for redevelopment purposes. This loan, which commenced on September 9, 2010, provides for interest-only payments at the cash-pool rate through fiscal year 2012, and level debt service (principal and interest) from fiscal year 2013 through fiscal year 2018. The current portion of this loan ($316,667) is classified as due to/due from other funds, while the long-term portion ($1,583,333) is classified as an advance. An internal loan in the amount of $3,562,209 from the Central Insurance Fund to the Capital Improvement Fund for the expansion and renovation of the Capitol Theatre. This loan, which commenced on September 20, 2012, provides for payment from infrastructure sales tax (“Penny for Pinellas”) revenues when available, which is projected for fiscal 2015. Because the first principal payment is not due within one year, this loan is classified as an advance. 2. Interfund transfers Interfund transfers for the year ended September 30, 2012, consisted of the following: Transfers to General Fund from: Capital Improvements Fund 618,646$ Water & Sewer Utility Enterprise Fund 3,058,700 Gas Utility Enterprise Fund 3,466,077 Solid Waste Utility Enterprise Fund 999,060 Stormwater Utility Enterprise Fund 783,050 Nonmajor governmental funds 862,875 Nonmajor enterprise funds 869,494 Total10,657,902 Transfers to Capital Improvements Fund from: General Fund 6,292,175 Special Development Fund 10,019,519 Nonmajor governmental funds 25,000 Internal service funds 193,726 Total16,530,420 Transfer to Water & Sewer Utility Enterprise Fund from: Internal service funds 39,623 Transfer to Gas Utility Enterprise Fund from: General Fund400,000 Transfers to Nonmajor governmental funds from: General Fund 2,434,011 Nonmajor governmental funds 1,728,682 Internal service funds 22,366 Total4,185,059 Transfers to Internal service funds from: General Fund 96,352 Capital Improvements Fund 638,212 Gas Utility Enterprise Fund 34,000 Solid Waste Utility Enterprise Fund 5,299 Stormwater Utility Enterprise Fund 204,222 Nonmajor governmental funds 1,375,792 Total2,353,877 Total interfund transfers 34,166,881$ Attachment number 1 \nPage 72 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 61 Transfers are primarily used to 1) transfer revenues that have been collected in the required fund per state law to the funds and activities that state law allows for expenditures; 2) transfer of “payment in lieu of taxes” contributions from the utility funds to the General Fund; 3) transfer funding from governmental funds to debt service and capital improvements funds; and 4) transfer matching funds from the General Fund to various grant programs. Other non-routine interfund transfers occurring during the current fiscal year included a transfer of $1.8 million from the Gas Fund to the General Fund representing an increase in the computed annual gas dividend payment, a transfer of $593 thousand from the Capital Improvement Fund to the General Fund due to completion of the Beach Recreation Center Boat Ramp project, a transfer of $26 thousand from the Capital Improvement Fund to the General Fund due to completion of the Carpenter Complex Clubhouse project, a transfer of $4 thousand from the Special Programs Fund to the General Fund due to closure of the City Manager Flexibility Fund, a transfer of $21 thousand from the General Fund to the Capital Improvement Fund to provide for the installation of an irrigation system in the medians on State Road 60, a transfer of $2.9 million to the Capital Improvement Fund from the General Fund for Carpenter Complex/Bright House Field Improvements, a transfer of $1.9 million to the Capital Improvement Fund for Airpark Runway/Taxiway Extension and Rehabilitation, a transfer of $200 thousand from General Fund to the Capital Improvement Fund to provide for gas main extensions, a transfer of $90 thousand from the Parking Fund to the Capital Improvement Fund to complete the demolition and removal of the Mandalay Pier, a transfer of $105 thousand from the Administrative Services Fund to the Capital Improvement Fund for the Citywide Camera System project, a transfer of $130 thousand from the General Fund to the Capital Improvement Fund for Main Library Entryway Improvements, as transfer of $350 thousand for Carpenter/Bright House Field Improvements, a transfer of $100 thousand from the General Fund to the Capital Improvement Fund for improvements at the North Greenwood Athletic Fields, a transfer of $822 thousand from the Solid Waste Utility Fund for renovations at Philip Jones Park, and a transfer of $185 thousand from the Administrative Services Fund to the Capital Improvement Fund to fund a portion of the City Enterprise Timekeeping System. E. Leases The City purchases various equipment for governmental and business-type activities under lease purchase financing agreements. The equipment is purchased with cash and subsequently provided as collateral via a “lease purchase” financing arrangement, typically for a five-year term. Obligations under these lease purchase agreements are recorded at the present value of their future minimum lease payments as of date of inception. Purchase of the assets is recorded as a cash outflow and the subsequent receipt of the financing proceeds is recorded as “proceeds from issuance of debt” for Statement of Cash Flows reporting. Capitalized equipment subject to lease purchase financing as of September 30, 2012: GovernmentalBusiness-type Activities Activities Equipment16,362,697$ 1,300,182$ Less: Accumulated Depreciation(4,727,569) (320,386) Total11,635,128$ 979,796$ Attachment number 1 \nPage 73 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 62 The future minimum lease payments under capital lease purchase agreements are as follows as of September 30, 2012: GovernmentalBusiness-type Year Ending Sept. 30 ActivitiesActivities 20133,032,741$ 272,797$ 20142,456,270 227,439 20151,937,835 169,396 20161,342,732 100,930 2017726,350 35,553 201881,147 - 9,577,075 806,115 Deduction of the amount of imputed interest necessary to reduce net minimum lease payments to present value 9,058,268$ 765,445$ (518,807) (40,670) The City also leases personal computers under a three-year operating lease that is cancelable on an annual basis. Lease payments for fiscal year ended September 30, 2012, totaled $327,519. F. Long-term debt 1. Revenue Bonds $14,810,000 in Spring Training Facility Revenue Bonds, Series 2002; issued to provide a portion of the costs of the acquisition, construction, rehabilitation and equipping of a spring training facility to the used by the Philadelphia Phillies major league baseball team; serial bonds due in annual installments of $590,000 due March 1, 2013, to $295,000 due March 1, 2022, with maximum principal of $845,000 due March 1, 2021; interest at 3.70% to 5.375%; 5.375% term bonds in the amount of $1,730,000 due March 1, 2027; and 5.375% term bonds in the amount of $1,750,000 due March 1, 2031. $10,090,000 Total revenue bonds for governmental activities 10,090,000 $8,410,000 Water and Sewer Revenue Refunding Bonds, Series 2003; issued to advance refund the City’s Water and Sewer Refunding Revenue Bonds, Series 1993; serial bonds due in annual installments of $215,000 at December 1, 2012, to $260,000 due December 1, 2018, interest at 3.30% to 4.00%. 1,635,000 $26,430,000 Water and Sewer Revenue Bonds, Series 2006; issued to pay the costs of the design, acquisition, construction, or reconstruction of capital improvements to the City’s water and sewer system; serial bonds due in annual installments of $1,410,000 at December 1, 2019, to $2,070,000 due December 1, 2028, interest at 4.25% to 4.50%; 4.50% term bonds in the amount of $4,410,000 due December 1, 2030; and 4.625% term bonds in the amount of $4,795,000 due December 1, 2032. 26,430,000 $67,715,000 Water and Sewer Revenue Bonds, Series 2009A; issued to pay the costs of the design, acquisition, construction, or reconstruction of capital improvements to the City’s water and sewer system; serial bonds due in annual installments of $420,000 at December 1, 2019, to $495,000 due December 1, 2023; interest at 4.375% to 5.00%; 5.125% term bonds in the amount of $5,655,000 due December 1, 2032; and 5.25% term bonds in the amount of $59,780,000 due December 1, 2039. 67,715,000 Attachment number 1 \nPage 74 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 63 $41,700,000 Water and Sewer Revenue Refunding Bonds, Series 2009B; issued to advance refund the City’s Water and Sewer Refunding Revenue Bonds, Series 1998; serial bonds due in annual installments of $3,880,000 at December 1, 2012 to $5,150,000 due December 1, 2018; interest at 5.00%. 31,280,000 $47,025,000 Water and Sewer Revenue Refunding Bonds, Series 2011; issued to advance refund the City’s Water and Sewer Revenue Bonds, Series 2002; serial bonds due in annual installments of $1,370,000 at December 1, 2012, to $3,175,000 due December 1, 2030, interest at 2.00% to 5.00%; 4.50% term bonds in the amount of $6,850,000 due December 1, 2032. 47,025,000 $8,890,000 Gas System Revenue Refunding Bonds, Series 2004; issued to advance refund the City’s Gas System Revenue Bonds, Series 1996A; serial bonds due in annual installments of $205,000 due September 1, 2013, to $1,575,000 due September 1, 2026, interest at 3.20% to 4.375%. 7,475,000 $7,195,000 Gas System Revenue Refunding Bonds, Series 2005; issued to partially advance refund the City’s Gas System Revenue Refunding Bonds, Series 1997A and Series 1997B; serial bonds due in annual installments of $250,000 due September 1, 2013, to $325,000 due September 1, 2025, interest at 3.40% to 4.375%; and 4.375% term bonds in the amount of $2,400,000 maturing on September 1, 2027. 5,780,000 $3,700,000 Gas System Revenue Refunding Bonds, Series 2007; issued together with other funds of the City to refund and redeem on December 1, 2007, all of the outstanding principal amount of the City’s Gas System Revenue Bonds, Series 1998; serial bonds due in equal annual installments of $370,000 due September 1, 2013, through September 1, 2017; interest at 4.00%. 1,850,000 $14,430,000 Stormwater System Revenue Bonds, Series 2004; issued to finance the costs of capital improvements to the City’s stormwater management system; serial bonds due in annual installments of $380,000, due November 1, 2012, to $865,000 due November 1, 2032, interest at 3.25% to 4.75%. 12,035,000 $6,925,000 Stormwater System Revenue Refunding Bonds, Series 2005; issued to partially advance refund the Stormwater Revenue Bonds, Series 1999; serial bonds due in annual installments of $240,000 due November 1, 2012, to $470,000 due November 1, 2029, interest at 3.25% to 4.50%. 6,095,000 $19,365,000 Stormwater System Revenue Refunding Bonds, Series 2012, issued to advance refund the Stormwater Revenue Bonds, Series 2002; serial bonds due in annual installments of $480,000 due November 1, 2012, to $1,350,000 due November 1, 2032, interest at 2.00% to 5.00%. 19,365,000 Total revenue bonds for business-type activities 226,685,000 Total revenue bonds $236,775,000 Attachment number 1 \nPage 75 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 64 2. Restrictive covenants and collateral requirements The Spring Training Facility Revenue Bonds are special, limited obligations of the City, payable solely from and secured by a lien upon and pledge of the (i) payments received by the City from the State of Florida pursuant to Section 212.20, Florida Statutes (State payments); and (ii) payments received by the City from Pinellas County, Florida pursuant to the Interlocal Agreement dated December 1, 2000 (County payments). The pledge of the State Payments and County Payments does not constitute a lien upon any property of the City. Furthermore, neither the City, Pinellas County, the State of Florida, nor any political subdivision thereof has pledged its faith or credit or taxing power to the payment of the bonds. The Water and Sewer Revenue Bonds, Series 2006, and Series 2009A; and the Water and Sewer Revenue Refunding Bonds, Series 2003, Series 2009B, and Series 2011; are limited obligations of the City payable solely from and secured by a lien upon and pledge of the net revenues of the City’s water and sewer system (System). The pledge of the System’s net revenues does not constitute a lien upon any property of the City. The covenants of the ordinances authorizing the bonds include, among other things, an obligation of the City to fix and maintain such rates, and collect such fees, rentals and other charges for the services and facilities of the System and revise the same from time to time whenever necessary, which will provide gross revenues in each fiscal year sufficient to pay the cost of operation and maintenance of the system; one hundred fifteen percent (115%) of the bond service requirement becoming due in such fiscal year on the outstanding bonds; plus one hundred percent (100%) of all reserve and other payments required to be made pursuant to the ordinances authorizing the bonds. The City further covenants that such rates, fees, rentals and other charges will not be reduced so as to render them insufficient to provide gross revenues for such purpose. The Gas System Revenue Refunding Bonds, Series 2004, Series 2005, and Series 2007 are limited obligations of the City payable solely from and secured by a lien upon and pledge of the net revenues of the City’s gas system (System). The pledge of the System’s net revenues does not constitute a lien upon any property of the City. The covenants of the ordinances authorizing the bonds include, among other things, an obligation of the City to fix, establish, revise from time to time whenever necessary, maintain and collect always, such fees, rates, rentals and other charges for the use of the product, services and facilities of the System which will always provide revenues in each year sufficient to pay, and out of such funds pay, 100% of the cost of operations and maintenance of the system in such year and all reserve and other payments provided for in the ordinances authorizing the bonds, along with one hundred twenty five percent (125%) of the bond service requirement due in such year on all outstanding bonds. The Stormwater System Revenue Bonds, Series 2004; and Stormwater Revenue Refunding Bonds, Series 2005 and Series 2012, are limited obligations of the City payable solely from and secured by a lien upon and pledge of the net revenues of the City’s stormwater management system (System). The pledge of the System’s net revenues does not constitute a lien upon any property of the City. The covenants of the ordinances authorizing the bonds include, among other things, an obligation of the City to fix, revise from time to time whenever necessary, and maintain and collect always such fees, rates, rentals and other charges for use of the products, services, and facilities which will always provide net revenues in each year sufficient to pay one hundred fifteen percent (115%) of the bond service requirement becoming due in such fiscal year on the outstanding bonds. The City further covenants that such rates, fees, rentals and other charges will not be reduced so as to render them insufficient to provide revenues for such purpose. Additionally, the covenants of each of the above issues includes a “Reserve Requirement” equal to the lesser of: the Maximum Bond Service Requirement for any given year; 125% of the Average Annual Bond Service Requirement; or the largest amount as shall not adversely affect the exclusion of interest on the Bonds from gross income for Federal income tax purposes. A Reserve Fund has been funded for the Series 2004 and Series 2012 Bonds while the Series 2005 Reserve Requirements has been satisfied with Reserve Fund Surety Bonds. Attachment number 1 \nPage 76 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 65 Annual debt service requirements to maturity for revenue bonds are as follows: Year Ending September 30 PrincipalInterestPrincipalInterest 2013590,000$ 485,096$ 7,390,000$ 10,374,698$ 2014610,000 462,774 7,855,000 10,079,019 2015635,000 438,606 8,130,000 9,757,011 2016660,000 412,376 8,520,000 9,401,434 20173,820,000 1,506,116 8,880,000 9,022,910 2018-20221,640,000 802,567 36,690,000 39,506,845 2023-20272,135,000 298,447 40,245,000 31,615,229 2028-2032- - 40,270,000 22,333,025 2033-2037- - 40,380,000 12,698,738 2038-2042- - 28,325,000 2,282,569 2043-2047- - - - Totals10,090,000$ 4,405,982$ 226,685,000$ 157,071,478$ Business-type ActivitiesGovernmental Activities 3. Pledged revenues State of Florida and Pinellas County Payments Pledged: The City has pledged future revenues derived from payments received from the State of Florida pursuant to Section 212.20, Florida Statutes, and payments from Pinellas County, Florida pursuant to an Interlocal Agreement, together with any investment income earned on the revenues, to repay $14.8 million in Spring Training Facility Revenue bonds issued in September 2002. Proceeds from the bonds provided financing for a portion of the costs of the acquisition, construction, rehabilitation, and equipping of a spring training facility to be used by the Philadelphia Phillies major league baseball team. The bonds are payable solely from the State of Florida and Pinellas County, Florida payments and are payable through March 2031. Annual principal and interest payments on the bonds are expected to require less than 100 percent of net revenues. The total principal and interest remaining to be paid on the bonds is $14,495,982. Principal and interest paid for the current year and total revenue received were $1,075,986 and $1,097,586, respectively. Water and Sewer Utility Net Revenues Pledged: The City has pledged future net revenues of the City of Clearwater, Florida, Water & Sewer Utility defined as all income or earnings, including any income from the investment of funds, derived by the City from the operation of the utility after deduction of current expenses for the operation, maintenance and repair of the system, but not including reserves for renewals and replacements, for extraordinary repairs or any allowance for depreciation to repay: $8.4 million in Water & Sewer Revenue Refunding bonds issued in October 2003. Proceeds from the bonds provided financing to refund and redeem the City’s then outstanding Water and Sewer Revenue Refunding Bonds, Series 1993. The bonds are payable solely from the Water and Sewer Utility net revenues and are payable through December 2018. $26.4 million in Water & Sewer Revenue bonds issued in August 2006. Proceeds from the bonds provided financing for the costs of design, acquisition, construction or reconstruction of capital improvements to the City’s water and sewer system. The bonds are payable solely from the Water and Sewer Utility net revenues and are payable through December 2032. $67.7 million in Water & Sewer Revenue bonds issued in May 2009. Proceeds from the bonds provided financing for the costs of design, acquisition, construction or reconstruction of capital improvements to the City’s water and sewer system. The bonds are payable solely from the Water and Sewer Utility net revenues and are payable through December 2039. Attachment number 1 \nPage 77 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 66 $41.7 million in Water and Sewer Revenue Refunding bonds issued in May 2009. Proceeds from the bonds provided financing to refund and redeem the City’s then outstanding Water and Sewer Revenue Refunding Bonds, Series 1998. The bonds are payable solely from the Water and Sewer Utility net revenues and are payable through December 2018. $47.0 million in Water and Sewer Revenue Refunding bonds issued in September 2011. Proceeds from the bonds provided financing to refund and redeem the outstanding principal maturing after December 1, 2011 of the City’s Water and Sewer Revenue Bonds, Series 2002. Annual principal and interest payments on the bonds are expected to require less than 85 percent of net revenues. The total principal and interest remaining to be paid on the bonds is $307,786,236. Principal and interest paid for the current year and total net revenue were $13,197,593 and $25,891,515, respectively. Stormwater Utility Net Revenues Pledged: The City has pledged future net revenues of the City of Clearwater, Florida, Stormwater Utility defined as all income or earnings, including any income from the investment of funds, derived by the City from the operation of the utility after deduction of current expenses for the operation, maintenance and repair of the system, but not including reserves for renewals and replacements, for extraordinary repairs or any allowance for depreciation to repay: $14.4 million in Stormwater Revenue bonds issued in September 2004. Proceeds from the bonds provided financing to make capital improvements to the City’s stormwater management system. The bonds are payable solely from the Stormwater Utility net revenues and are payable through November 2032. $6.9 million in Stormwater Revenue Refunding bonds issued in May 2005. Proceeds from the bonds provided sufficient funds to be available on November 1, 2008 to pay and redeem the City’s outstanding Stormwater Revenue Bonds, Series 1999. The bonds are payable solely from the Stormwater Utility net revenues and are payable through November 2029. $19.4 million in Stormwater Revenue Refunding bonds issued in 2012. Proceeds from the bonds provided sufficient funds to be available on March 5, 2012 to pay and redeem the City’s outstanding Stormwater Revenue Bonds, Series 2002. The bonds are payable solely from the Stormwater Utility net revenues and are payable through November 2032. Annual principal and interest payments on the bonds are expected to require less than 60 percent of net revenues. The total principal and interest remaining to be paid on the bonds is $54,971,094. Principal and interest paid for the current year and total net revenue were $2,703,792 and $7,883,795, respectively. An additional $20,295,000 of principal was paid to defease the 2002 bonds effective February 2, 2012. Gas System Utility Net Revenues Pledged: The City has pledged future net revenues of the City of Clearwater, Florida, Gas System Utility defined as all income or earnings, including any income from the investment of funds, derived by the City from the operation of the utility after deduction of current expenses for the operation, maintenance and repair of the system, but not including reserves for renewals and replacements, for extraordinary repairs or any allowance for depreciation to repay: $8.9 million in Gas System Revenue Refunding bonds issued in February 2004. Proceeds from the bonds provided financing to advance refund the outstanding principal of the City of Clearwater Gas System Revenue Bonds, Series 1996A. The bonds are payable solely from the Gas System Utility net revenues and are payable through September 2026. $7.2 million in Gas System Revenue Refunding bonds issued in June 2005. Proceeds from the bonds provided financing to advance refund the outstanding principal of the City of Clearwater Gas System Revenue Bonds, Series 1997A. The bonds are payable solely from the Gas System Utility net revenues and are payable through September 2027. Attachment number 1 \nPage 78 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 67 $3.7 million in Gas System Revenue Refunding bonds issued in October 2007. Proceeds from the bonds provided financing to refund the outstanding principal of the City of Clearwater Gas System Revenue Bonds, Series 1998. The bonds are payable solely from the Gas System Utility net revenues and are payable through September 2017. Annual principal and interest payments on the bonds are expected to require less than 60 percent of net revenues. The total principal and interest remaining to be paid on the bonds is $20,999,148. Principal and interest paid for the current year and total net revenue were $1,444,301 and $11,996,510, respectively. 4. Advance refunding of bonds On February 2, 2012 the City issued $19,365,000 at par value of Stormwater System Revenue Refunding Bonds, Series 2012, to redeem, effective March 5, 2012, $20,295,000 principal of Stormwater Revenue Bonds, Series 2002, maturing after November 1, 2011. The City paid a 1% call premium in the amount of $202,950. This refunding transaction resulted in an aggregate debt service reduction of $4,211,598 and a net present value savings of $2,936,083. There was no outstanding principal on refunded bonds as of September 30, 2012. 5. Changes in long-term liabilities BeginningEndingDue Within Balance Additions Reductions Balance One Year Governmental activities: Revenue bonds payable10,660,000$ -$ (570,000)$ 10,090,000$ 590,000$ Add (subtract) deferred amounts: For issuance premiums (discounts) 236,116 - (25,858) 210,258 - Net revenue bonds payable10,896,116 - (595,858) 10,300,258 590,000 Lease purchase contracts (a)8,722,210 3,257,919 (2,921,861) 9,058,268 2,813,490 Compensated absences (b)7,283,234 4,600,734 (4,394,790) 7,489,178 4,599,785 Other postemployment benefits (c)4,746,443 1,804,495 (797,246) 5,753,692 - Claims payable (d)8,688,000 3,377,406 (2,642,406) 9,423,000 2,439,700 Governmental activity Long-term liabilities40,336,003$ 13,040,554$ (11,352,161)$ 42,024,396$ 10,442,975$ Business-type activities: Revenue bonds payable234,755,000$ 19,365,000$ (27,435,000)$ 226,685,000$ 7,390,000$ Less deferred amounts: For issuance premiums (discounts) 3,157,535 1,120,575 (506,200) 3,771,910 - On refunding(5,103,157) (628,886) 816,745 (4,915,298) - Net revenue bonds payable232,809,378 19,856,689 (27,124,455) 225,541,612 7,390,000 Lease purchase contracts807,879 203,950 (246,384) 765,445 253,599 Compensated absences (b)1,801,023 1,013,676 (1,040,899) 1,773,800 1,089,451 Other postemployment benefits1,856,107 839,943 (371,096) 2,324,954 - Unearned revenue187,113 - - 187,113 - Business-type activity Long-term liabilities237,461,500$ 21,914,258$ (28,782,834)$ 230,592,924$ 8,733,050$ Attachment number 1 \nPage 79 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 68 (a) Governmental activities lease purchase contract additions of $3,257,919 includes $2,944,115 attributable to internal service funds and $313,804 attributable to governmental funds. The lease purchase contracts reduction of $2,921,861 includes $2,443,092 for internal service funds and $478,769 for governmental funds. (b) Compensated absences are paid by the fund where salaries are incurred, which is primarily the General Fund for governmental activities. (c) Since the plan’s inception in fiscal 2008, other postemployment benefits costs are allocated to and paid by funds based on their percentage of full time equivalent employees, which is primarily the General Fund for governmental activities. (d) The Central Insurance Fund, an internal service fund, accrues for estimated claims and pays claims for all departments. G. Restricted assets Restricted assets are classified as current or noncurrent on the Statement of Net Assets on the basis of the underlying liabilities payable from the restricted assets. 1. Water and Sewer Utility Fund Assets in the Water and Sewer Utility Fund restricted for construction include: Water Improvement charges, the use of which is restricted by the authorizing ordinance to the construction of additions to the water system; assets remaining at September 30, 2012, are: Cash and Investments $ 1,593,522 Sewer Improvement charges, the use of which is restricted by the authorizing ordinance to the construction of additions to the sewer system; assets remaining at September 30, 2012, are: Cash and Investments 5,737,403 Assets of the Water and Sewer Utility Fund restricted under the provisions of the ordinances authorizing the issuance of Water and Sewer Revenue Bonds consisted of the following at September 30, 2012: Water and Sewer Revenue Bonds Debt Service: Cash and Investments 21,167,560 Water and Sewer Revenue Bonds Renewals and Replacements: Cash and Investments 16,499,691 Water and Sewer Revenue Bonds Construction: Cash and Investments 2,230,179 Assets of the Water and Sewer Utility Fund consisting of amounts Due from Other Governments for advances to the Florida Department of Transportation for utility relocations related to improvements to State Road 55 (U. S. Highway 19) 655,821 Assets of the Water and Sewer Utility Fund representing Customers' Deposits and therefore restricted, consisting entirely of Cash and Investments at September 30, 2012 2,774,736 Total restricted assets – Water and Sewer Utility Fund $50,658,912 Attachment number 1 \nPage 80 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 69 2. Gas Utility Fund Assets in the Gas Utility Fund restricted under the provisions of the ordinance authorizing the issuance of revenue bonds consisted of the following at September 30, 2012: Gas System Revenue Bonds Debt Service: Cash and Investments $ 120,463 Renewals and Replacements: Cash and Investments 300,000 Assets of the Gas Utility Fund representing Customers' Deposits at September 30, 2012: Cash and Investments 2,754,000 Total restricted assets – Gas Utility Fund $ 3,174,463 3. Solid Waste Utility Fund Restricted assets in the Solid Waste Utility Fund represent customer deposits in the amount of $1,058,368 at September 30, 2012, and consisted entirely of Cash and Investments. 4. Stormwater Utility Fund Assets restricted under the provisions of the ordinances for the issuance of revenue bonds consisted of the following at September 30, 2012: Stormwater Revenue Bonds – Series 2004 Debt Service: Cash and Investments $ 1,469,380 Stormwater Revenue Refunding Bonds – Series 2005 Debt Service: Cash and Investments 323,693 Stormwater Refunding Revenue Bonds – Series 2012 Debt Service: Cash and Investments 2,093,656 Fees received in lieu of on-site drainage retention for new or improved businesses within the Prospect Lake Drainage District, restricted for stormwater improvements, at September 30, 2012: Cash and Investments 314,981 Total restricted assets – Stormwater Utility Fund $ 4,201,710 5. Parking System Fund Assets in the Parking System restricted under the provisions of a development agreement between L.O.M., Inc. and the City of Clearwater as of September 30, 2012: Equity in Pooled Cash and Investments $ 9,300,000 Total restricted assets – Parking System Fund $ 9,300,000 Attachment number 1 \nPage 81 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 70 H. Fund Balances Classification SpecialCapitalNon-Major GeneralDevelopmentImprovementGovernmental FundFundFundFunds Non Spendable: Inventories$25,005 $- $- $- Prepaid items- - - 87,329 Restricted for: General government- - 169,285 281,844 Public safety- - 7,339,004 1,874,925 Physical environment- 85,538 646,527 1,021,461 Transportation - 1,082,019 14,265,450 - Economic environment- - - 28,308,836 Human services- - - 363,557 Culture and recreation- 162,507 7,456,686 169,567 Debt service reserve- - - 562,730 Infrastructure capital projects- 1,855,202 - - Committed to: General government- - 3,040,546 295,207 Public safety- - 782,838 3,233,254 Physical environment- - 700,671 - Transportation- 199,345 5,409,229 - Economic environment- - - 47,770 Human services- - - 939 Culture and recreation- - 3,413,906 222,527 Assigned to: General government255,408 - - 275,195 Public safety295,228 - - 1,628,005 Physical environment- - - 487,134 Transportation28,905 - - - Economic environment66,850 - - 664,490 Human services- - - 173,828 Culture and recreation396,567 20,004 51,502 186,989 Infrastructure capital projects- 5,000,120 - - Unassigned 22,033,623 - - (2,118,634) Total Fund Balances$23,101,586 $8,404,735 $43,275,644 $37,766,953 Note IV - Other Information A. Risk management The City is self-insured within certain parameters for losses arising from claims for general liability, auto liability, police professional liability, public official’s liability, property damage, and workers' compensation. Insurance coverage has been maintained by the City to pay for or indemnify the City for losses in excess of certain specific retentions and up to specified maximum limits in the case of claims for liability, property damage, and workers' compensation. The liability excess coverage is $7,000,000 per occurrence ($14,000,000 aggregate) with self-insured retention of $500,000. There is workers’ compensation coverage to the statutory limit, with self-insured retention of $500,000. The property damage excess coverage is $50,000,000 per occurrence after either a $100,000 self-insured retention for perils other than a named storm or 5% self-insured retention for named storm with a $500,000 minimum. Settled claims have not exceeded excess coverage in any of the past three years. The transactions relating to the self-insurance program are accounted for in the Central Insurance Fund, an internal service fund. The billings by the Central Insurance Fund to the various operating funds (the interfund premiums) are based on Attachment number 1 \nPage 82 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 71 actuarial estimates of the amounts needed to pay prior and current year claims. The claims liability reported at September 30, 2012, is based on the requirements of Governmental Accounting Standards Board Statement No. 10, which requires that a liability for claims be reported if information prior to the issuance of the financial statements indicates that it is probable that a liability has been incurred at the date of the financial statements and the amount of the loss can be reasonably estimated. Changes in the claims liability amounts in fiscal years 2011 and 2012 were: Self Insurance Balance at September 30, 20108,095,000$ Current year claims and changes in estimates3,613,433 Claim payments(3,020,433) Balance at September 30, 20118,688,000 Current year claims and changes in estimates3,377,406 Claim payments(2,642,406) Balance at September 30, 20129,423,000$ B. Statements of cash flows For purposes of the statements of cash flows, investments with original maturities of three months or less are considered to meet the definition of cash equivalents. The majority of the investments in which the City's proprietary funds have equity are held by the City's consolidated pool of cash and investments. Since fund equities in this cash management pool have the general characteristics of demand deposits in that additional funds may be deposited at any time and also funds may be withdrawn at any time without prior notice or penalty, each fund's equity account is considered a cash equivalent regardless of the maturities of investments held by the pool. Funds with deficit (overdraft) positions within the consolidated pool report the deficits as interfund payables to the City's Capital Improvement Fund. C. Use of estimates The preparation of financial statements in conformity with generally accepted accounting principles (GAAP) requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from the estimates. D. Employee retirement systems and pension plans 1. Defined benefit pension plans The City contributes to two separate single-employer, self-administered defined benefit pension plans covering approximately three-fourths of all City employees. The Employees' Pension Plan covers all permanent, full-time City employees who successfully pass the required physical examination, except for firefighters employed prior to July 1, 1963, and certain unclassified (primarily managerial) employees. The Firefighters’ Relief and Pension Plan covered eligible firefighters hired prior to July 1, 1963, and is closed to new entrants. Neither of these plans issues a stand-alone financial report. As indicated, both plans are self-administered, and the administrative costs of the plans are financed from the respective plan assets. Benefits and refunds are recognized when due and payable in accordance with the terms of both plans. Attachment number 1 \nPage 83 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 72 The Employees' Pension Plan is authorized by and operates under the provisions of Sections 2.391 through 2.411 of the Municipal Code of the City of Clearwater. Plan provisions have been duly approved as required by the voters in referendums. There were no changes in plan provisions or actuarial assumptions for the current year. The normal retirement benefit is a monthly benefit equal to 2.75% of average monthly compensation for the highest five of the final ten years of service multiplied by the number of years of service to date of retirement. The minimum benefit under the plan is $300 per month. Eligibility for normal retirement occurs upon completion of at least 10 years of service and the attainment of age 65, or completion of at least 20 years of service and the attainment of age 55, or completion of 30 years of service regardless of age, for employees engaged in non-hazardous duty. For those engaged in hazardous duty, eligibility occurs upon completion of 20 years of service. The normal monthly benefits are payable for the life of the participant and continue, after the participant's death, to be paid at the same amount for 5 years to eligible surviving beneficiaries; after 5 years, the survivor annuity is reduced to 50% of the original amount. The plan provides for an annual cost of living increase of up to 1.5%. The plan also provides for disability and death benefits, vesting after completion of 10 years of service and the refund of employee contributions in case of a non-vested termination. There are seven other benefit payment options that are computed to be the actuarial equivalent of the normal benefit. Covered employees contribute 8% of their compensation. It is the City's obligation to provide a sufficient additional contribution to maintain the actuarial soundness of the fund but, in any event, not less than 7% of participating employee’s compensation per the ordinance governing the plan. The Firefighters’ Relief and Pension Plan is authorized and operated under the provisions of Subpart B, Article I (Laws of Florida, Chapter 30658, 1955 and amendments), Sections 1 through 27 of the Municipal Charter and Related Law of the City of Clearwater and Chapter 26, Article III, Sections 26.50 through 26.52 of the Municipal Code of the City of Clearwater. Since the last actuarial valuation as of January 1, 2010, the investment yield assumption was lowered from 4.5% to 3.5%. There have been no other changes to the actuarial assumptions. The normal retirement benefit is a monthly benefit in the amount of 50% of the prevailing wage at the date of retirement of the lowest rank held by the participant during the three years immediately preceding retirement plus 2% of such prevailing wage for each year of service in excess of 20 years up to a maximum of 60%. Participants retiring at the age of 65 years are entitled to a benefit of 60% of the prevailing wage of the lowest rank held by the participant during the three years immediately preceding retirement. The ending rate of pay specified above may not exceed the highest rate of pay for the rank of Captain. Eligibility for normal retirement occurs upon completion of 20 years of service or attainment of age 65. The monthly benefits are payable for the life of the participant and continue, after the participant's death, to be paid to certain eligible surviving beneficiaries at an amount that is one-half of the amount received by the participant. Benefits are also provided for children of the deceased participant who are less than 18 years of age subject to certain limitations as to amount. The plan also provides for disability and death benefits and for vesting upon completion of at least 12 years of service. The plan provides for post retirement cost of living increases equal to the increase in the prevailing wage for the rank at which the participant retired with a limitation for those retiring on or after January 1, 1972, of 100% of the initial pension benefit for total cost of living increases. Participating employees are required to contribute 6% of their salaries up to the equivalent of the salary of a fireman holding the rank of Captain. Effective with the fiscal year ended September 30, 2007, the Firefighters’ Relief and Pension Plan, with no remaining active members (only retirees), is fully funded per the requirements of the governing Ordinance. The City may elect to contribute should future valuations show an actuarial need for such. As of the most recent actuarial valuation date, January 1, 2012 for both the Employees’ Pension Plan and the Firefighters’ Relief and Pension Plan, the membership of the plans was as follows: Employees'Firefighter's Relief Pension Planand Pension Plan Retirees and beneficiaries currently receiving benefits101032 Terminated employees entitled to benefits but not yet receiving them62- Active employees1,468- Total number of participants2,54032 Attachment number 1 \nPage 84 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 73 For the fiscal year ended September 30, 2012, the covered payroll for the Employees' Pension Fund was $69,798,379. The City's total payroll for the same period was $82,771,355. Annual pension cost and contributions information for the last three fiscal years for both the Employees’ Pension Plan and the Firefighters’ Relief and Pension Plan follows: Employees’ Pension Plan EndedPensionEmployer PercentPension Sept 30 Cost (a)Contributions (b)ContributedAsset 201022,799,051$ 15,886,314$ 70%8,414,390$ 201118,730,913$ 17,428,806$ 93%7,112,283$ 201218,353,146$ 17,809,019$ 97%6,568,156$ (a) The actuarially determined contribution requirements for the City’s fiscal year ended September 30, 2012, are based on actuarial valuations as of January 1, 2011. Since the City’s contributions are made during its fiscal year (which commences nine months after the date of the actuarial valuation), the City, with approval of State regulatory authorities, is following the practice of adding interest to its required contributions at the assumed rate of return on investments for a period of one year. (b) The employer contribution is less than the annual pension cost due to a “drawdown” of the net pension asset. The net pension asset is the result of legally required contributions in excess of actuarially required contributions in prior years. Firefighters’ Relief and Pension Plan Year Annual EndedPensionEmployerPercent Sept 30CostContributionsContributed 2010-$ -$ - 2011-$ -$ - 2012-$ -$ - Effective with the fiscal year ended September 30, 2007, the Firefighters’ Relief and Pension Plan, with no remaining active members (only retirees), was fully funded per the requirements of the governing Ordinance. The City may elect to contribute should future biennial valuations show an actuarial need for such. The Employees’ Pension Plan net pension asset at September 30, 2012, totaled $6,568,156. It was comprised of the following components: Annual required contributions (ARC) 18,014,403$ Interest on the net pension asset(533,421) Adjustment to annual contribution872,164 Annual pension cost 18,353,146 Fiscal 2012 employer contributions 17,809,019 Decrease in net pension asset(544,127) Net pension asset beginning of year7,112,283 Net pension asset end of year6,568,156$ Attachment number 1 \nPage 85 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 74 The net pension asset for the Employees’ Pension Plan, representing excess contributions as calculated per GASB 27 requirements, is identical in amount to the plan “credit balance” as disclosed in prior years. A total of $4,556,712 of the current net pension asset balance is attributable to governmental funds and therefore is not reflected in the governmental fund financial statements in accordance with the modified accrual basis of accounting. The remaining $2,011,444 attributable to proprietary funds is reflected in the proprietary fund financial statements on the accrual basis of accounting. Each pension fund is accounted for as a pension trust fund; therefore each is accounted for in substantially the same manner as proprietary funds with an economic resources measurement focus and the accrual basis of accounting. Fund assets, primarily investments, are valued at fair value for balance sheet purposes, in accordance with GASB No. 25. Investment values are determined using the estimated fair value determined by averaging estimated fair values obtained from three or more nationally recognized brokers. The Employees’ Pension Plan has invested in real estate and timber limited partnership funds. The strategies of these funds are long term and illiquid in nature. As a result, investors are subject to redemption restrictions which generally limit distributions and restrict the ability of limited partners to exit a partnership investment prior to its dissolution. These investments partnerships are valued using their respective net asset value (NAV), and are audited annually. The most significant input into the NAV of such an entity is the fair value of its investment holdings. These holdings are valued by the general partners on a quarterly or semi-annual basis, in conjunction with management and investment advisors, and consultation with valuation specialists. The management assumptions are based upon the nature of the investment and the underlying business. The valuation techniques vary based upon investment type and involve a certain degree of expert judgment. All timber acquisitions are valued per an independent expert third party appraisal within one year of acquisition and similar independent third party appraisals of fair value are conducted at least every three years thereafter. As of September 30, 2012, neither the Employees' Pension Plan nor the Firefighters’ Relief and Pension Plan held investments (other than U.S. Government or U.S. Government guaranteed obligations) in any one organization comprising 5% or more of the net assets available for benefits. Significant actuarial assumptions utilized in the most recent actuarial valuation date, January 1, 2012 for both the Employees’ Pension Plan and the Firefighters’ Relief and Pension Plan, are as follows: Employees' Pension Plan (1) Assumed rate of return on investments of 7.5%, before investment expenses. (2) Projected salary increase at a rate of 6% per year, including both cost-of-living adjustments of 3% and merit or seniority increases at 3%. (3) Mortality based on the RP 2000 Combined Healthy Mortality Table. (4) Pre-retirement withdrawals assumed to occur in accordance with a table of declining withdrawal rates for hazardous and non-hazardous duty categories. (5) Pre-retirement incidence of disability is assumed to occur in accordance with a standard scale of moderate disability rates (Class 1, 1952 Inter-Company); rates for females assumed to be twice that for males. Firefighters’ Relief and Pension Plan (1) Assumed rate of return on investments of 3.5%. (2) Assumed benefits grow at an annually compounded rate of 2%. There are no longer any active members in this plan. (3) Mortality based on the 1994 Unisex Mortality Table for retired participants; assumed disabled participants will experience mortality according to PBGC Tables 3 and 4 for males and females, respectively. (4) Assumed no withdrawals will occur. (5) Assumed probability of an active participant becoming disabled is zero (no active participants). (6) Assumed value of one mill of ad valorem tax will increase at rate of 5% per year. Attachment number 1 \nPage 86 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 75 It is the City's policy to fund pension costs accrued as determined on an actuarial basis. Annual required contributions (ARC) for the Employees' Pension Plan are calculated using the Entry Age Normal with Frozen Initial Liability method. The initial unfunded actuarial accrued liability determined at July 1, 1963, was amortized over a 40-year period; changes made in 1979 and subsequent years, which have had the effect of either increasing or decreasing the actuarial liability, are being amortized over a 30-year period from their effective dates in accordance with State law. The amortization method is level dollar closed. Annual required contributions (ARC) for the Firefighters’ Relief and Pension Fund are based on a variation of the aggregate actuarial cost method, under which the unfunded portion of the present value of the projected benefits is allocated over the present value of a 6.0% per year increasing annuity for the remaining years in the 35-year funding period which began January 1, 1972, pursuant to an agreement between the City and the Plan participants. For this purpose, the unfunded actuarial liability is determined after consideration of the available assets at the valuation date. The increasing fixed schedule produced by this method was established in 1988 and will be modified in the future only to the extent that a current valuation indicates a higher required cost level, or if the resulting cost level exceeds 60% of a mill in a current year. Since the plan currently has only inactive members, the funding method could be presently be described as either aggregate or entry-age normal, both of which normally converge after the end of the active participant phase. Under the non-standard cost method used for funding of this plan, all liabilities are unfunded actuarial liabilities and are being amortized according to the closed cost method. This method does not identify or separately amortize unfunded actuarial accrued liabilities, consequently information about funded status and funding progress is presented using the entry age actuarial cost method. This information is intended to serve as a surrogate for the funded status and the funding progress of the plan. As of January 1, 2012, the most recent actuarial valuation date, the Employees’ Pension Plan was 97.4 percent funded. The actuarial accrued liability for benefits was $681.9 million, and the actuarial value of assets was $664.1 million, resulting in an unfunded actuarial accrued liability (UAAL) of $17.8 million. The covered payroll (annual payroll of active employees covered by the plan) was $74.8 million, and the ratio of the UAAL to the covered payroll was 23.8 percent. As of January 1, 2012, the most recent actuarial valuation date, the Firefighters’ Relief and Pension Plan was 112.0 percent funded. The actuarial accrued liability for benefits was $5.7 million, and the actuarial value of assets was $6.3 million, resulting in $682 thousand of funding in excess of the actuarial accrued liability. The covered payroll was $-0- with no active employees covered. The Schedules of Funding Progress, presented as required supplementary information following the notes to the financial statements, present multiyear trend information regarding the change in the actuarial value of plan assets versus the actuarial accrued liabilities for benefits over time. Also included as required supplementary information following the notes to the financial statement, per Governmental Accounting Standards Board Statement Nos. 25 and 27, are the Schedules of Employer Contributions, which provide similar multiyear trend information on required employer contributions versus the actual amount contributed. 2. Police Supplemental Pension Fund A supplemental defined contribution pension plan exists for all eligible policemen, which is funded by earmarked revenues received from the State and is administered by the Board of the Police Supplemental Pension Plan. The revenues received from the State are allocated among eligible police officers on the basis of days employed as Clearwater Police Officers. These revenues received from the State of Florida “on-behalf” of the City’s employees, which comprise the plan contributions, totaled $819,117 for the year ended September 30, 2012, and are obtained from an eighty-five one hundredths of one percent (0.85%) excise tax on the gross receipts from premiums collected on casualty insurance policies covering property within the City's corporate limits. These monies were recognized as General Fund revenues and General Fund police department expenditures in the current year. The current year contributions represent 4.5% of current year covered payroll. The fair value of cash and investments at September 30, 2012, totaled $14,929,407. Attachment number 1 \nPage 87 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 76 The Police Supplemental Pension Fund is authorized by and operates under the provisions of Sections 2.471 through 2.480 of the Municipal Code of the City of Clearwater and Chapter 185 of Florida Statutes. Under the plan provisions, the total monies received during each fiscal year, after payment or provision for all costs and expenses of management and operation of the plan, are allocated to participants on the basis of the total number of shares to which each participant is entitled. Each participant is entitled to one share in the fund for each day of service as a police officer of the City. All police officers, as defined in Section 26.70(g) of the Code of Ordinances of the City of Clearwater, who are elected, appointed, or employed full-time by the City are eligible to participate in the plan. There are no employee contributions to the supplemental plan. Benefits are fully vested for a lump sum distribution after twenty years from the date of hire, with provision for partial vesting after ten or more years under the plan. Accumulated benefits are payable in full in case of death while employed by the City or in case of total and permanent job-related disability. Non-vested participants' account values upon termination of employment during any fiscal year are added to the monies received during that fiscal year for allocation to the remaining participants in the plan on the basis of total days worked. Plan assets, primarily investments, are valued at fair value for balance sheet purposes, in accordance with GASB No. 25. Investment values are determined using the estimated fair value determined by averaging estimated fair values obtained from three or more nationally recognized brokers. For the fiscal year ended September 30, 2012, the payroll of the covered officers’ was $18,554,670; the City's total payroll for the same period was $82,771,355. Since the entitlement to benefits is based entirely upon the allocation of monies received by the plan to the participants' share accounts, there is no actuarial liability on the part of either the State or the City. 3. Firefighters Supplemental Pension Fund A supplemental defined contribution pension plan exists for all eligible firefighters, which is funded by earmarked revenues received from the State and is administered by the Board of the Clearwater Firefighters Supplemental Pension Plan. The revenues received from the State are allocated among eligible firefighters on the basis of days worked during the previous year. These revenues received from the State of Florida “on-behalf” of the City’s employees, which comprise the plan contributions, amounted to $1,179,573 in the year ended September 30, 2012, and are obtained from a one and eighty-five one hundredths percent (1.85%) excise tax on the gross receipts from premiums collected on property insurance policies covering property within the City's corporate limits. These monies were recognized as General Fund revenues and General Fund fire department expenditures in the current year. The contributions represent 9.2% of current year covered payroll. The fair value of cash and investments at September 30, 2012, totaled $12,548,828. As the plan is described as a money purchase pension plan, whereby contributions are allocated based on the number of days worked during the fiscal year ended September 30, and interest earnings allocated based on the beginning balances in each participant's account, there is no actuarial liability on the part of the State or the City. The Firefighters Supplemental Pension Fund is authorized by and operates under the provisions of Sections 2.441 through 2.450 of the Municipal Code of the City of Clearwater and Chapter 175 of Florida Statutes. Eligibility requires two years of credited calendar year service as a firefighter with concurrent participation in the Employees' Pension Plan. There is no employee contribution to the supplemental plan, and benefits are vested for a lump sum distribution at ten years unless there is early retirement, disability or death. Non-vested participants' account values upon termination of employment are reallocated among the remaining participants on the basis of days worked during the previous year. Plan assets, primarily investments, are valued at fair value for balance sheet purposes, in accordance with GASB No. 25. Investment values are determined using the estimated fair value determined by averaging estimated fair values obtained from three or more nationally recognized brokers. For the fiscal year ended September 30, 2012, the covered payroll was $12,864,475; the City's total payroll for the same period was $82,771,355. Attachment number 1 \nPage 88 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 77 4. Pension Plan Financial Statements Separate financial statements are provided in the Notes per the guidance of GASB Statement No. 34 as follows: Statement of Fiduciary Net Assets:Defined BenefitDefined Contribution Pension Trust FundsPension Trust Funds PoliceFirefighters Employees'Firefighters'SupplementalSupplemental ASSETS Cash and investments$2,707,983 $2,713,437 $819,988 $- Managed investment accounts, at fair value: Cash and cash equivalents19,123,176 - 151,634 378,215 Government bonds42,960,243 - 2,942,887 498,601 Agency bonds10,779,151 3,222,474 642,556 - Domestic corporate bonds72,998,283 - 1,215,322 3,577,490 International equity securities60,027,026 - - - Domestic stocks264,952,603 - 7,721,708 2,129,768 Mortgage backed bonds55,656,320 - 1,739 1,411,600 Asset backed securities1,386,427 - - - Domestic equity mutual funds94,454,202 - - 2,971,596 International equity mutual fund38,990,976 - 2,253,561 1,581,558 Real estate34,336,944 - - - Total managed investment accounts695,665,351 3,222,474 14,929,407 12,548,828 Securities lending collateral131,525,918 - - - Receivables: Interest and dividends1,858,102 43,595 51,767 59,856 Unsettled investment sales21,900,109 - - - Securities lending earnings33,298 - - - Total receivables23,791,509 43,595 51,767 59,856 Total assets 853,690,761 5,979,506 15,801,162 12,608,684 LIABILITIES Accounts payable 725,350 - - - Unsettled investment purchases10,344,475 - - - Obligations under securities lending131,525,918 - - - Total liabilities142,595,743 - - - NET ASSETS Net assets held in trust for pension benefits$711,095,018 $5,979,506 $15,801,162 $12,608,684 Attachment number 1 \nPage 89 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 78 Statement of Changes in Fiduciary Net Assets:Defined BenefitDefined Contribution Pension Trust FundsPension Trust Funds PoliceFirefighters Employees'Firefighters'SupplementalSupplemental ADDITIONS Contributions: Contributions from employer$18,030,265 $- $- $- Contributions from employer - state tax12,000 - 819,117 1,179,573 Contributions from employees5,807,091 - - - Total contributions23,849,356 - 819,117 1,179,573 Investment income (loss): Net appreciation (depreciation) in fair value of investments105,446,690 9,649 2,132,662 1,392,093 Interest7,676,310 211,218 173,643 227,246 Dividends6,550,007 - 226,128 72,499 119,673,007 220,867 2,532,433 1,691,838 Less investment expenses: Investment management / custodian fees3,408,690 5,298 83,605 71,823 Net income (loss) from investing activities 116,264,317 215,569 2,448,828 1,620,015 Securities lending income: Gross earnings412,642 - - - Rebate received350,324 - - - Bank fees(266,870) - - - Net income from securities lending 496,096 - - - Total additions (losses)140,609,769 215,569 3,267,945 2,799,588 DEDUCTIONS Benefits and withdrawal payments: Benefits32,707,456 680,500 1,061,191 470,206 Withdrawal payments565,865 - - - Total benefits and withdrawal payments33,273,321 680,500 1,061,191 470,206 Income (loss) before administrative expenses107,336,448 (464,931) 2,206,754 2,329,382 Administrative expenses232,286 - 7,633 12,809 Net increase (decrease)107,104,162 (464,931) 2,199,121 2,316,573 Net assets held in trust for pension benefits: Beginning of year603,990,856 6,444,437 13,602,041 10,292,111 End of year$711,095,018 $5,979,506 $15,801,162 $12,608,684 5. 401(a) defined contribution plan For all management employees not covered under either of the defined benefit pension plans, the City provides pension benefits through a 401(a) defined contribution plan. In a defined contribution plan, benefits depend solely on amounts contributed to the plan plus investment earnings. Employees are participants from the date of employment and are fully vested upon enrollment. The plan is totally contributory on the part of the City in an amount equal to 15% of compensation on behalf of the City Manager and the City Attorney; 14% of compensation on behalf of the Chief of Police; and 8% of compensation on behalf of all other management contract employees and Assistant City Attorneys. The City makes bi- weekly contributions to the Trust throughout the plan year to meet its funding obligations under the plan. Plan provisions and contribution requirements are established and may be amended by the City Council. Attachment number 1 \nPage 90 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 79 The International City Management Association Retirement Corporation (ICMA-RC), the trustee for the defined annuity, offers participants a variety of investment options. The City’s total payroll for the fiscal year ended September 30, 2012 was $82,771,355. The Plan members’ payroll for the same period totaled $4,822,710. The City’s contribution, per the above contribution rates, totaled $407,502. The assets, reported at fair value based on quoted market prices, totaled $5,588,655 at September 30, 2012. 6. Deferred compensation plan The City offers its employees a deferred compensation plan created in accordance with Internal Revenue Code Section 457. The plan, available to all City employees, permits them to defer a portion of their salary until future years. Participation in the plan is optional. The deferred compensation is not available to employees until termination, retirement, death, or unforeseeable emergency. Effective January 1, 1997, Federal legislation converted the Section 457 deferred compensation assets from City assets to employee assets. As a result of these changes, plan assets are no longer subject to the claims of the City’s general creditors. Consequently, these assets are no longer reported in the accompanying financial statements, in compliance with Governmental Accounting Standards Board Statement No. 32. E. Post-employment Benefits Other Than Pension Plan Description - The City of Clearwater administers a single-employer defined benefit healthcare plan (the “Plan”) that provides medical insurance benefits to its employees and their eligible dependents. Because the City provides a medical plan to active employees of the City and their eligible dependents, the City is also required by Section 112.0801 of the Florida Statutes to provide retirees with the opportunity to participate in this Plan. Benefit provisions for the Plan are established by the City Council and may be amended by the City Council. The retirees pay the full group premium amount for health insurance with no explicit subsidy from the City. Additionally the City provides and pays for $1,000 of term life insurance for retirees who retired before October 1, 2008. The term life insurance benefit provision was also established, and may be amended, by action of the City Council. The City does not issue stand-alone financial statements for these programs. Funding Policy – Contribution rates for the Plan are established on an annual basis by the City Council. Eligible retirees and their covered dependents receiving benefits contribute 100% of their premium costs for health insurance and 0% of the cost for the $1,000 term life insurance. For the year ended September 30, 2012, the estimated retiree contributions for health insurance premiums totaled $1,286,998. While the City does not directly contribute towards the costs of retiree premiums via an explicit subsidy, the ability of retirees to obtain health insurance coverage at a group rate which includes active employees, constitutes a significant economic benefit to retirees, or an “implicit” subsidy. This implicit subsidy is considered an “other post-employment benefit” (OPEB) obligation of the City. The City is currently funding this OPEB obligation on a pay-as-you-go basis. For the year ended September 30, 2012, the City estimated it subsidized $1,149,677 of health care costs for retirees and their covered dependents, and $18,665 of life insurance benefits for retirees. Annual OPEB Cost and Net OPEB Obligation – The City’s annual OPEB cost (expense) is calculated based on the annual required contribution of the employer (ARC), an amount actuarially determined in accordance with parameters of GASB Statement 45. The ARC represents a level of funding that, if paid on an ongoing basis, is projected to cover normal cost each year and to amortize unfunded liabilities of the plan over a period not to exceed thirty years. The following table shows the components of the City’s annual OPEB cost for the year, the amount actually contributed to the plan, and changes in the City’s net OPEB obligation to the Plan, including both the implicit rate subsidy for health insurance and the term life insurance benefit: Attachment number 1 \nPage 91 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 80 Annual required contribution2,634,280$ Interest on net OPEB obligation264,102 Adjustment to annual required contribution(253,944) Annual OPEB cost (expense)2,644,438 Contributions made(1,168,342) Increase in net OPEB obligation1,476,096 Net OPEB obligation - beginning of year 6,602,550 Net OPEB obligation - end of year8,078,646$ The actuarially determined contribution requirements for the City’s fiscal year ended September 30, 2012, are based on an actuarial valuation as of January 1, 2012. No trust or agency fund has been established for the plan and there were no adjustments to the annual required contribution or interest earnings. The City’s annual OPEB cost, the percentage of annual OPEB cost contributed to the plan, and the net OPEB obligation (asset) for the fiscal year ending September 30, 2012, are presented below. Percentage of Fiscal YearAnnualAnnual OPEBNet OPEB EndedOPEB CostCosts ContributedObligation 9/30/2010$2,699,09045.43%$5,255,500 9/30/2011$2,615,03048.49%$6,602,550 9/30/2012$2,644,43844.18%$8,078,646 As of September 30, 2012, the accrued liability for benefits was $30,721,086, all of which was unfunded. The covered payroll (annual payroll of active employees covered by the plan) was $68.3 million and the ratio of the unfunded actuarial liability (UAL) to covered payroll was 45.0%. Projections of benefits for financial reporting purposes are based on the substantive plan (the plan as understood by the employer and the plan members) and include the types of benefits provided at the time of each valuation and the historical pattern of sharing of benefit costs between the employer and plan members to that point. The actuarial methods and assumptions used include techniques that are designed to reduce the effects of short-term volatility in actuarial accrued liabilities and the actuarial value of assets, consistent with the long-term perspective of the calculations. Actuarial valuations for other post-employment benefits involve estimates of the value of reported amounts and assumptions about the probability of events far into the future, and consequently actuarially determined amounts are subject to continual revision as results are compared to past expectations and new estimates are made about the future. For the September 30, 2012 actuarial valuation, the entry age normal actuarial cost method was used, with an increasing normal cost pattern consistent with the salary increase assumptions. The Unfunded Actuarial Accrued Liability (UAAL) reflects a 26-year, closed level percent of expected payroll amortization method. The actuarial assumptions included a 4.0% investment rate of return and a 4.0% payroll growth rate. Annual medical costs are assumed to increase 8.5% in 2013 and decrease ½% each subsequent year until reaching the ultimate goal of 5.00% in 2019. The actuarial valuation of the Plan as of January 1, 2012, reflected changes in actuarial assumptions and methods from the previous valuation as of January 1, 2010 as follows: The remaining amortization period for the Unfunded Actuarial Accrued Liability (UAAL) has been reduced from 28 to 26 years. The Investment Discount Rate has decreased from 4.3% to 4.0%. The Health Care Cost Trend Rate has been increased from 7.5% to 8.0% in 2013, decreasing ½% each subsequent year so that it is now projected to reach the ultimate goal of 5% in 2019 rather than 2018. The estimate of Attachment number 1 \nPage 92 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 81 employees hired after April 1, 1986 to not have Medicare taxes withheld and therefore not be eligible for future Medicare benefits has decreased from 100% to 50%. The estimate of employees retired prior to January 1, 2001 who would become eligible for Medicare benefits has increased from 25% to 40%. The estimate of employees retired on or after January 1, 2001 who would become eligible for Medicare benefits has increased from 75% to 90%. F. Securities lending transactions The City of Clearwater Employees’ Pension Plan participates in securities lending transactions, as authorized by the Pension Trustees on April 14, 2003, via a Securities Lending Authorization Agreement with Northern Trust Company, who is also the pension plan’s custodian. Securities are loaned versus collateral that may include cash, U.S government securities, and irrevocable letters of credit. U.S. government securities are loaned versus collateral at 102% of the fair value of the securities plus any accrued interest. Non-U.S. securities are loaned versus collateral at 105% of the fair value plus any accrued interest. The Plan’s investment policy places no restrictions on the amount of securities that can be loaned. Non-cash collateral cannot be pledged or sold unless the borrower defaults. All securities loans can be terminated on demand by either the lender or the borrower. The average term for the pension plans loans at September 30, 2012 was 29 days. If a borrower fails to return the loaned security because of bankruptcy, insolvency, reorganization, liquidations, receivership, conservatorship, or a similar event, Northern Trust Company shall, at its expense, credit the City with the difference between the fair value of such loaned security and the fair value of the related collateral. At September 30, 2012, there was no failure by a borrower to return a loaned security. Cash “open” collateral is invested in a short-term investment pool, the Core USA Collateral Section, which had an average weighted maturity of 29 days as of September 30, 2012. Cash collateral may also be invested separately in “term loans” in which investments match the loan term. These term loans may be terminated on demand by either the lender or the borrower. There were no significant violations of legal or contractual provisions, nor any borrower or lending agent defaults known to the securities lending agent. The Plan did not impose any restrictions on the amount of loans made by Northern Trust during fiscal year 2012. Northern Trust has indemnified the Plan for losses attributable to violations by the entity of the Standard of Care set out in the Agreement. Northern Trust has also indemnified the Plan for all losses as a result of borrower default and for any losses resulting from related collateral insufficiency. At year-end the Plan has no credit risk exposure to borrowers because the amounts the Plan owes the borrowers equal or exceed the amounts the borrowers owe the Plan and the lending agent indemnifies the Plan if the collateral is inadequate to repay the borrowers. The following is a summary of securities on loan and their collateral: Security Type Fair Value Cash Collateral Fair Value Non-Cash Collateral U.S. Equity90,633,802$ 93,157,977$ 554,852$ 570,248$ U.S. Corporate Fixed7,490,729 7,681,563 - - U.S. Government Fixed27,848,617 28,530,549 - - U.S. Agencies1,214,569 1,241,708 - - Global Equities859,620 914,121 - - Total128,047,337$ 131,525,918$ 554,852$ 570,248$ Securities Collateralized by Cash Securities Collateralized by Non-Cash On the statement of fiduciary net assets, a securities lending asset of $131,525,918 was reported that represents the fair value of the investments made with cash collateral at September 30, 2012. In addition, a securities lending obligation of $131,525,918 was reported that represents the collateral that the City is required to maintain to cover the fair value of the loaned securities. Attachment number 1 \nPage 93 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 82 G. Contingencies and commitments Loan Guarantee - PACT, Inc. PACT, Inc. is a nonprofit corporation formed in 1978, for the purpose of financing, constructing, and operating a performing arts center. Per a Guaranty Agreement dated May 18, 2001, the City guaranteed $1,000,0000 on a $5,000,000 mortgage note for PACT, Inc., used to refinance a previous mortgage with a similar City guarantee. City management does not consider it probable that this guarantee will be called, and, accordingly, no amounts have yet been accrued or otherwise recorded in the accompanying financial statements to reflect this possibility. Loan Guarantee – Chi Chi Rodriquez Youth Foundation, Inc. On March 30, 1992, the City Council approved a contingent loan guarantee of $1,000,000 on a $2,500,000 note for the Chi Chi Rodriquez Youth Foundation, Inc. The proceeds of the note were used to refinance existing foundation debt incurred to construct a golf course on a parcel of City-owned land. Subsequently, the note was refinanced with Variable Rate Demand Revenue Bonds (Chi Chi Rodriquez Youth Foundation Project), Series 1998, on August 1, 1998. In the event of default, the City is obligated to contribute $1,000,000 out of legally available non-ad valorem revenues. In addition, the City has the option to retire the entire unpaid balance and assume ownership and operation of the golf course facility. Pollution Remediation Claims Liabilities Pursuant to GASB Statement 49, Accounting and Financial Reporting for Pollution Remediation Obligations, the City is required to analyze known polluted sites to determine future component cost outlays, including estimation where required, for pollution remediation. At September 30, 2011, total GASB 49 accruals equaled $879,447, of which $382,763 was accrued for initial site assessment and support at two sites acquired by the Community Redevelopment Agency (a Special Revenue Fund), $450,763 in the Gas Utility Fund (a major proprietary fund) for legal assistance and for a five year project to analyze and treat contaminated soils at the former manufactured gas plant site (see the Soil and groundwater contamination site note below) and $45,921 in the Airpark Fund (a non-major proprietary fund) for contamination cleanup from a fuel spill. During fiscal year 2012 additions to estimates and contractual commitments totaled $83,673 with payments totaling $462,184. At September 30, 2012, accruals totaled $396,447 consisting of $7,509 for assessment and remediation at two sites for the Community Redevelopment Agency and $388,938 for assessment and remediation at the Gas Plant site. In addition to the above sites for which accruals exist, the City has twenty other sites that have known contamination from petroleum products, metals, arsenic, chlorine or coal tar. Ten of these sites are on the State of Florida Petroleum Clean-up Program. When any of these ten sites will be scheduled for cleanup cannot be determined at this time. The remaining ten sites are under monitoring plans or are awaiting responses from the FDEP on data submitted by the City. Any additional cleanup costs for these sites cannot be estimated at this time. The Public Utilities Water Pollution Control Northeast site received a No Further Action (NFA) designation and has been removed from the list. A Stormwater Utility Fund site that was under evaluation for the Florida Department of Environmental Protection (FDEP) has been removed due to a determination that there are no known pollution impacts. The Solid Waste fuel site is awaiting a NFA designation from the Pinellas County Health Department and FDEP, and remains on the list until such notice is received. Soil and groundwater contamination site The City is the owner of property located at 400 Myrtle Street, Clearwater, Pinellas County, Florida ("Property"). The Property occupies approximately six acres and is currently used by the City Gas Division as its administrative offices and operating facility. The City operated a manufactured gas plant at the Property from approximately 1929 to 1960. Following the discovery in June 1990 of soil and groundwater impacts at the Property allegedly resulting from the prior operation of the manufactured gas plant, the Florida Department of Environmental Protection ("FDEP") directed the City to implement measures to delineate the area and vertical extent of the impacts at the Property and, if necessary, implement appropriate remedial actions. Attachment number 1 \nPage 94 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2012 83 Contamination assessment activities were initiated at the Property in 1995. On April 17, 1996, the City executed an Intergovernmental Agreement with FDEP, governing the scope of assessment and remediation work performed at the Property. The material terms and conditions of the Intergovernmental Agreement require the City to perform contamination assessment activities to delineate the area and vertical extent of soil and groundwater impacts and, if necessary, to remediate such impacts to the extent required by Florida law. Field activities to delineate the extent of impacts were performed from 1995 to 2003. The results of the final field work are presented in a Supplemental Assessment Report dated May 2003, in which the City's consultant concluded that field activities to delineate the extent of soil and groundwater impacts were complete and that a risk assessment should be undertaken to evaluate an appropriate remedy for the reported impacts. By letter dated April 19, 2004, FDEP directed the City to install two additional monitoring wells within the source area on site to delineate the vertical extent of groundwater impacts. The City and FDEP previously discussed the potential harm to the underlying aquifer that may result from the installation of monitoring wells through a source area and the underlying clay confining unit during a meeting with FDEP held on November 29, 2003. Based on the advice of its environmental consultant and other specialists consulted concerning this issue, the City has consistently maintained that the installation of the additional monitoring wells requested by FDEP will likely provide a pathway for the migration of impacts into the aquifer underlying the clay confining unit that is otherwise not presently impacted by the former operations of the MGP based on existing perimeter monitoring well data. The City responded to the FDEP by letter dated April 29, 2004, requesting that FDEP advise the City whether the directive to install the additional vertical extent wells was deemed by FDEP to be final agency action that would otherwise be subject to review in an administrative proceeding. The City's April 29, 2004 response included a request for an extension of time to file an administrative proceeding in the event that FDEP deemed the April 19, 2004 FDEP communication to be final agency action. During fiscal 2005, the Myrtle Avenue Utility and Roadway Widening project began, requiring extensive dewatering during construction. Consulting, equipment, laboratory, permitting, and labor costs for dewatering in areas where there was suspected or known contamination from the former MGP plant were charged to the City of Clearwater Gas Division. All activities related to the Myrtle Avenue dewatering project were documented in the “Supplemental Site Assessment Report – North Myrtle Ave Roadway Corridor” dated March 2007. On January 17, 2008, FDEP issued a letter to the City stating FDEP was willing to replace the need for additional vertical delineation wells with periodic sampling of existing deep wells, as long as they remain unaffected by the contaminants of concern on the site. In May 2009, FDEP issued a status report on all Manufactured Gas Plant sites in Florida. In the report it referenced the January 17, 2008 letter and reaffirmed FDEP’s agreement to forego additional on-site vertical delineation if the City continues to monitor the perimeter wells on the facility. On June 22, 2009, the perimeter monitoring wells were tested and the results were reported to FDEP. On February 3, 2010, FDEP issued a letter that formally accepted Clearwater Gas System’s Contamination Assessment Report (CAR) and required no further site assessment activities. Furthermore, the DEP required CGS to re-sample all monitoring wells on the site within 60 days of the February 3, 2010 letter. In May 2010, CGS issued a Request for Proposal (RFP) to prepare a Feasibility Study, for DEP approval, that would offer a long-term corrective action plan for the gas plant site. Arcadis, Inc. was selected to conduct the Feasibility Study; however, two months into the project the City’s Environmental Attorney, Bill Pence, recommended an alternate method of site remediation. He proposed that the City work with the University of Waterloo (Canada) to treat the contaminated soils with sodium persulfate, a chemical oxidant, which would stop the off-site groundwater impacts that are currently experienced on the Pinellas County Health Department site. Chemical oxidation is accepted as a very effective method of dealing with Manufactured Gas Plant residuals. This project was approved by the City Council in January 2011. The project is scheduled to last approximately 5 years at an estimated cost of $425,000. In addition, the City has pursued insurance claims under certain insurance policies covering the Property for the period of time from June 1961 through July 1986. On September 17, 2001, the City agreed to reduce its claim against Southern American Insurance Company ("SAIC"), the sole remaining excess carrier with the City, at an undiscounted value of Attachment number 1 \nPage 95 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2011 84 $300,000. In December 2007, the liquidator managing the SAIC liquidation made an initial payment to the City in the amount of $96,000. In September 2008, a second distribution payment of $174,000 was issued to the City. Finally, in December 2009, the City received a payment of $30,000 for a total collection amount of $300,000. In summary, the City has recovered $787,500 on all of its outstanding insurance claims. From 1993 through September 30, 2012, the City spent $1,050,812 on the MGP assessment activities, which includes both environmental consultant and outside attorney fees. Contractual Commitment – Water and Sewer Utility Under the terms of a 30-year contract between the City and Pinellas County, which is effective through September 30, 2035, the maximum amount of water available to the City is 15 million gallons per day on an annual average basis with no minimum quantity purchase requirement. Effective October 1, 2011, the rate, which is set by the Pinellas County Board of County Commissioners (BOCC), was $3.4277 per 1,000 gallons. The rate effective October 1, 2012 is $3.5648 per 1,000 gallons. The cost of water purchased from the County during fiscal years 2011 and 2012 was $7,616,248 and $6,183,614 respectively. Contractual Commitment – Parking System Under the terms of a put agreement dated October 29, 2010, related to a development agreement between the City and L.O.M., Inc. (developer) for development of a condominium retail/commercial project including a parking garage, the City is obligated to purchase the parking garage component of the project for $9,300,000 from the lender if the developer defaults under the terms of the financing agreement within five years of the project’s completion on July 1, 2011. The City has segregated and restricted $9.3 million of Parking System enterprise funds per the terms of this put agreement, which expires on June 30, 2016. Grant Revenues During the current fiscal year and prior fiscal years, the City received revenues and contributions related to grants from the State of Florida, the federal government, and other grantors. These grants are for specific purposes and are subject to review and audit by the grantor agencies. Such audits could result in requests for reimbursement for expenditures disallowed under the terms of the grants. Based upon prior experience, City management believes such disallowances, if any, will not be significant. Encumbrances Encumbrance accounting is used in governmental funds to ensure effective budgetary control and accountability and to facilitate effective cash planning and control. At September 30, 2012, the amount of encumbrances expected to be honored upon performance by the vendor in the coming year were: H. Pending litigation In the normal course of operations the City is a defendant in various legal actions, the ultimate resolution of which is not expected to have a material effect on the financial statements, other than for amounts that have been reserved and recorded as liabilities in the Central Insurance Fund. I. Conduit debt The City has one issue of conduit debt outstanding as follows: General fund1,042,958$ Capital Improvement fund20,369,168 Nonmajor governmental funds426,440 21,838,566$ Attachment number 1 \nPage 96 of 184 Item # 2 City of Clearwater, Florida Notes to the Basic Financial Statements For the Year Ended September 30, 2011 85 OriginalAmountAmount IssueOutstandingOutstanding Description / Purpose Amountat 9/30/11at 9/30/12 Drew Gardens Refunding Bonds / residential rental facility3,425,000$ 2,380,000$ 2,280,000$ The bonds do not constitute a debt, liability, or obligation of the City of Clearwater, the State of Florida, or any political subdivision thereof and accordingly have not been reported in the accompanying financial statements. J. Subsequent Events On November 6, 2012, Clearwater voters passed a referendum approving several changes to the Employees’ Pension Plan. These changes, which are effective January 1, 2013 for those employees who are not yet eligible to retire, include extending the normal retirement date, decreasing the multiplier, changing beneficiary options for nonhazardous duty new hires, addressing reemployment, increasing employee contributions and changing overtime inclusion calculation for certain hazardous duty employees, delaying cost-of-living pension increase and changing beneficiary options for employees not eligible to retire, and making changes to disability retirement provisions. Some pension benefit levels will be reduced for new hires and for current employees who are not eligible to retire as of the date the changes go into effect. These changes are expected to provide an actuarially estimated savings to taxpayers of approximately $4.5 million in the first year after implementation and approximately $400 million during the next 30 years. On December 17, 2012, the Pension Trustees of the Clearwater Employees’ Pension Plan accepted the consulting actuary’s recommendations for changes to the assumptions and methods used in the plan’s annual actuarial valuation. These changes, as described in the actuary’s Experience Investigation for the Five Years Ended December 31, 2011, include changes to the salary increase assumption, assumed rates of future employee terminations, assumed rates of future retirements, assumed rates of future disability, assumed mortality rates, and a change in the investment return assumption. The net effect of all approved changes increases the annual required contribution to the plan by an estimated $1,665,000, or 2.28% of covered payroll. These changes are to be initially incorporated into the Actuarial Valuation Report as of January 1, 2013 for determination of the Annual Employer Contribution for the Fiscal Year Ending September 30, 2014. Attachment number 1 \nPage 97 of 184 Item # 2 86 Page 1 of 3 Schedules of Funding Progress: Actuarial Actuarial Actuarial Unfunded AAL Valuation Value of Accrued Liability Unfunded Funded Covered as a Percentage Date Assets (AAL) - Entry Age AAL Ratio Payroll *of Covered Payroll (a)(b)(b-a)(a/b)(c)((b-a) /c) 1/1/2007 559,830,590$ 582,248,127$ 22,417,537$ 96.1%79,385,090$ 28.2% 1/1/2008 610,979,087$ 632,559,753$ 21,580,666$ 96.6%80,371,617$ 26.9% 1/1/2009 536,834,473$ 557,515,503$ 20,681,030$ 96.3%82,104,837$ 25.2% 1/1/2010 618,444,906$ 638,109,349$ 19,664,443$ 96.9%80,443,199$ 24.4% 1/1/2011 646,956,800$ 665,701,475$ 18,744,675$ 97.2%76,505,599$ 24.5% 1/1/2012 664,087,199$ 681,871,531$ 17,784,332$ 97.4%74,765,020$ 23.8% Actuarial Actuarial Actuarial Unfunded AAL Valuation Value of Accrued Liability Unfunded Funded Covered as a Percentage Date Assets (AAL) - Entry Age AAL Ratio Payroll *of Covered Payroll (a)(b)(b-a)(a/b)(c)((b-a) /c) 1/1/2005 6,744,043$ 8,938,022$ 2,193,979$ 75.5%-$ n/a 1/1/2006 7,445,172$ 8,773,238$ 1,328,066$ 84.9%-$ n/a 1/1/2007 8,375,505$ 8,320,672$ (54,833)$ 100.7%-$ n/a 1/1/2008 8,063,338$ 7,815,729$ (247,609)$ 103.2%-$ n/a 1/1/2010**7,069,681$ 6,752,633$ (317,048)$ 104.7%-$ n/a 1/1/2012**6,341,468$ 5,659,565$ (681,903)$ 112.0%-$ n/a * Covered payroll is for the calendar year period used for the actuarial valuation. **Effective 1/1/2008 the fully funded Firefighters'Relief and Pension Plan has opted for biennial actuarial valuations. Consequently there was no valuation performed on 1/1/2009 and 1/1/2011. City of Clearwater, Florida Defined Benefit Pension Plans Required Supplementary Information - Unaudited Employees Pension Plan Firefighters' Relief and Pension Plan Attachment number 1 \nPage 98 of 184 Item # 2 87 Page 2 of 3 Schedules of Employer Contributions: Year Annual (a) Ended Required Percent Sept. 30,Contribution Contributed 2007 13,180,855$ 78%(b) 2008 10,805,681$ 96%(b) 2009 8,451,471$ 122% 2010 22,150,490$ 72%(b) 2011 18,332,319$ 95%(b) 2012 18,014,403$ 99%(b) Year Annual Ended Required Percent Sept. 30,Contribution Contributed 2007 1,467,259$ 100% 2008 -$ (a)n/a 2009 -$ n/a 2010 -$ n/a 2011 -$ n/a 2012 -$ n/a (a) Effective with the fiscal year ended September 30, 2007, the Firefighters' Relief and Pension Plan, with no remaining active members (only retirees), was fully funded per the requirements of the governing Ordinance. The City may elect to contribute should future valuations show an actuarial need for such. (b) The actual contribution is less than the annual required contribution due to a "drawdown" of the net pension asset. (a)The actuarially determined contribution requirements for the City's fiscal year ended September 30,2012 are based on actuarial valuations as of January 1,2011.Since the City's contributions are made during its fiscal year, which commences nine months after the date of the actuarial valuations,the City,with approval of State regulatory authorities,is following the practice of adding interest to its required contributions at the assumed rate of return on investments for a period of one year. City of Clearwater, Florida Defined Benefit Pension Plans Required Supplementary Information - Unaudited Employees' Pension Plan Firefighters' Relief and Pension Plan Attachment number 1 \nPage 99 of 184 Item # 2 88 Page 3 of 3 City of Clearwater, Florida Defined Benefit Pension Plans Required Supplementary Information – Unaudited Notes To Schedules Of Required Pension Supplementary Information Annual required contributions for the Employees' Pension Plan are calculated using the Entry Age Normal with Frozen Initial Liability method. The initial unfunded actuarial accrued liability determined at July 1, 1963 is being amortized over a 40-year period; changes made in 1979 and subsequent years which have had the effect of either increasing or decreasing the actuarial liability are being amortized over a 30-year period from their effective dates in accordance with State law. The amortization method is level dollar closed. Annual required contributions for the Firefighters' Relief and Pension Plan are based on the aggregate actuarial cost method, under which the unfunded portion of the present value of the projected benefits is allocated over the present value of a 6.0% per year increasing annuity for the remaining years in the 35-year funding period which begin January 1, 1972, pursuant to an agreement between the City and the Plan participants. For this purpose, the unfunded actuarial liability is determined after consideration of the available assets at the valuation date. The increasing fixed schedule produced by this method was established in 1988 and will be modified in the future only to the extent that a current valuation indicates a higher required cost level, or if the resulting cost level exceeds 60% of a mill in a current year. The amortization method for the Firemen’s Relief and Pension Fund is a non-standard (no active employees) closed cost method. The actuarially determined contribution requirement for the Employees’ Pension Plan for the City's fiscal year ended September 30, 2012, are based on an actuarial valuation as of January 1, 2011. Since the City's contributions are made during its fiscal year, which commences nine months after the date of the actuarial valuations, the City, with approval of State regulatory authorities, is following the practice of adding interest to its required contributions at the assumed rate of return on investments for a period of one year in the case of the Employees' Pension Plan. Significant actuarial assumptions utilized in the actuarial valuation as of January 1, 2011, in the determination of the annual required contribution are as follows: Employees' Pension Plan (1) Assumed rate of return on investments of 7.5% per annum (gross before pension expenses). (2) Projected salary increase at a rate of 6% per year, including cost-of-living adjustments of 3% and merit or seniority increases at 3%. (3) Mortality based on the RP 2000 Combined Healthy Mortality Table. (4) Pre-retirement withdrawals assumed to occur in accordance with a table of declining withdrawal rates based on hazardous versus non-hazardous duty categories. (5) Pre-retirement incidence of disability assumed to occur in accordance with a standard scale of moderate disability rates (Class 1, 1952 Inter-Company); rates for females assumed to be twice that for males. (6) Assumed inflation rate of 3% Effective with the fiscal year ended September 30, 2007, the Firefighters’ Relief and Pension Plan, with no remaining active members (only retirees), was fully funded per the requirements of the governing Ordinance. The City is electing to perform actuarial valuations biennially for the fully funded plan. Significant actuarial assumptions utilized in the actuarial valuation as of January 1, 2012: Firefighters’ Relief and Pension Plan (1) Assumed rate of return on investments of 3.5% compounded annually. (2) Assumed benefits grow at annually compounded rate of 2% related to cost of living adjustments only. (3) Mortality based on the 1994 Unisex Mortality Table projected to 2010 for participants. (4) Assumed no withdrawals will occur. (5) Assumed probability of an active participant becoming disabled is zero (no active participants). (6) Assumed value of one mill of ad valorem tax will increase at rate of 5% per year. (7) Assumed inflation rate of 3%. Significant changes affecting the presented 6-year trend information include: The actuarial valuation of the Employees’ Pension Plan as of January 1, 2007, reflected changes in actuarial assumptions as follows: The mortality assumption was updated from the 1994 Group Annuity Reserving Table to the RP 2000 Combined Healthy Mortality Table; the retirement assumption was updated to reflect the City’s experience and expected future retirement rates; and the withdrawal assumption was updated to reflect the City’s experience and expected future withdrawal rates. The impact of these changes decreased the unfunded actuarial accrued liability from $37,113,063 to $22,417,537. There were no significant changes in actuarial assumptions affecting the 6-year trend information for the Firefighters’ Relief and Pension Plan. Attachment number 1 \nPage 100 of 184 Item # 2 Page 1 of 1 Schedule of Employer Contributions: FiscalAnnual YearOPEBEstimated PercentageNet OPEB EndingCostContributions (1)ContributedObligation September 30, 20102,699,090$ 1,226,290$ 45.43%5,255,500$ September 30, 20112,615,030$ 1,267,980$ 48.49%6,602,550$ September 30, 20122,644,438$ 1,168,342$ 44.18%8,078,646$ (1) Since there is no funding, these are the estimated benefit payments. Schedule of Funding Progress: ActuarialActuarial AccruedUnfunded AAL ActuarialValue ofLiability (AAL) -UnfundedFundedCoveredas a Percentage ValuationAssetsProjected Unit CreditAALRatioPayroll of Covered Payroll Date(a)(b)(b-a)(a/b)(c)((b-a) /c) October 1, 2008-$ 23,215,500$ 23,215,500$ 0.00%83,100,000$ 27.94% January 1, 2010-$ 32,823,521$ 32,823,521$ 0.00%80,987,124$ 40.53% January 1, 2012-$ 30,721,086$ 30,721,086$ 0.00%68,293,356$ 44.98% City of Clearwater, Florida Other Post-Employment Benefits Required Supplementary Information - Unaudited Significantchangesaffectingthepresentedtrendinformationinclude:TheactuarialvaluationofthePlanasofJanuary1,2012,reflected changesinactuarialassumptionsandmethodsfromthepreviousvaluationasofJanuary1,2010asfollows:Theremainingamortizationperiod fortheUnfundedActuarialAccruedLiability(UAAL)hasbeenreducedfrom28to26years.TheInvestmentDiscountRatehasdecreasedfrom 4.3%to4.0%.TheHealthCareCostTrendRatehasbeenincreasedfrom7.5%to8.0%in2013,decreasing½%eachsubsequentyearsothatit isnowprojectedtoreachtheultimategoalof5%in2019ratherthan2018.TheestimateofemployeeshiredafterApril1,1986tonothave MedicaretaxeswithheldandthereforenotbeeligibleforfutureMedicarebenefitshasdecreasedfrom100%to50%.Theestimateofemployees retiredpriortoJanuary1,2001whowouldbecomeeligibleforMedicarebenefitshasincreasedfrom25%to40%.Theestimateofemployees retired on or after January 1, 2001 who would become eligible for Medicare benefits has increased from 75% to 90%. 89 Attachment number 1 \nPage 101 of 184 Item # 2 This Page Intentionally Left Blank 90 Attachment number 1 \nPage 102 of 184 Item # 2 91 Nonmajor Governmental Funds Special Revenue Funds Special revenue funds are used to account for specific revenues that are legally restricted to expenditures for particular purposes. Special Programs Fund – to account for grants and contributions, the use of which is restricted for certain programs. Community Redevelopment Agency Fund – to account for receipt, custody, and expenditure of property tax increment funds associated with related redevelopment projects. Local Housing Assistance SHIP Trust Fund – to account for monies allocated to the City under the State Local Housing Assistance SHIP grant program. Pinellas County Local Housing Assistance Trust Fund – to account for monies allocated to the City under the Pinellas County Local Housing Assistance grant program. Attachment number 1 \nPage 103 of 184 Item # 2 92 Debt Service Funds Debt service funds provide separate accounting records for all debt interest, principal, and reserve requirements for general government long-term. Debt of proprietary funds is serviced through restricted accounts maintained within the individual enterprise or internal service fund associated with the debt. Notes and Mortgages Debt Service Fund - to account for the advance monthly accumulation of resources by transfer of General Revenues from the General and Special Revenue Funds and the payment of currently maturing installments of principal and interest on the various note and mortgage obligations of the governmental funds during each fiscal year. Spring Training Facility Revenue Bonds Debt Service Fund – to account for the advance monthly accumulation of resources received from the State of Florida and Pinellas County, and the payment of currently maturing installments of principal and interest each year. Attachment number 1 \nPage 104 of 184 Item # 2 93 Capital Projects Funds Capital projects funds are used to account for resources to be used for the acquisition or construction of major capital improvement projects, other than those financed by proprietary funds. A major capital improvement project is a property acquisition, a major construction undertaking, or a major improvement to an existing facility or property, with a cost greater than $25,000 and a minimum useful life of at least five years. Community Redevelopment Agency Capital Projects Fund – to provide separate accounting records for the acquisition or construction of capital improvement projects for the Clearwater Community Redevelopment Agency. Attachment number 1 \nPage 105 of 184 Item # 2 SHIPPinellas County CommunityLocal HousingLocal Housing SpecialRedevelopmentAssistanceAssistance ProgramsAgencyTrustTrustTotal ASSETS Cash and investments$8,731,019 $930,006$277,737 $331,408 $10,270,170 Receivables: Accrued interest48,69929,738 1,215 2,343 81,995 Mortgage notes9,190,627- 7,035,546785,72617,011,899 Rehab advances9,401- - - 9,401 Other61,98815,696 - - 77,684 Due from other governments - grants2,536,211- - - 2,536,211 Due from other governments - other151,774- - - 151,774 Land held for resale220,7414,618,670- - 4,839,411 Prepaid items- - - - - Advances to other funds974,267- - - 974,267 Total assets$21,924,727$5,594,110$7,314,498$1,119,477$35,952,812 LIABILITIES Accounts and contracts payable$55,953$68,782 $- $- $124,735 Accrued payroll28,181- - - 28,181 Due to other governmental entities7748,000 - - 48,077 Construction escrows193,547- 7,70260,613 261,862 Due to other funds- 316,667- - 316,667 Due to other funds (deficit in pooled cash)- - - - - Advances from other funds- 2,557,600- - 2,557,600 Deferred revenue- 15,696- - 15,696 Total liabilities277,7583,006,7457,70260,6133,352,818 FUND BALANCES Nonspendable- - - - - Restricted14,449,9134,618,6707,306,7961,058,86427,434,243 Committed3,799,697- - - 3,799,697 Assigned3,397,359- - - 3,397,359 Unassigned- (2,031,305) - - (2,031,305) Total fund balances21,646,969 2,587,365 7,306,796 1,058,864 32,599,994 Total liabilities and fund balances$21,924,727$5,594,110$7,314,498$1,119,477$35,952,812 The notes to the financial statements are an integral part of this statement. Special Revenue Funds City of Clearwater, Florida Combining Balance Sheet Nonmajor Governmental Funds September 30, 2012 94 Attachment number 1 \nPage 106 of 184 Item # 2 Capital SpringProject TrainingFundTotal NotesFacilityCommunityNonmajor andRevenueRedevelopmentGovernmental MortgagesBondsTotalAgencyFunds $- $560,354 $560,354 $4,611,328 $15,441,852 - 2,3762,376 - 84,371 - - - - 17,011,899 - - - - 9,401 - - - 617 78,301 - - - - 2,536,211 - - - - 151,774 - - - - 4,839,411 87,329 - 87,329 - 87,329 - - - - 974,267 $87,329 $562,730$650,059$4,611,945$41,214,816 $- $- $- $7,716 $132,451 - - - - 28,181 - - - - 48,077 - - - - 261,862 - - - - 316,667 87,329 - 87,329 - 87,329 - - - - 2,557,600 - - - - 15,696 87,329 - 87,329 7,716 3,447,863 87,329 - 87,329 - 87,329 - 562,730 562,730 4,585,94732,582,920 - - - - 3,799,697 - - - 18,2823,415,641 (87,329) - (87,329) - (2,118,634) - 562,730 562,730 4,604,229 37,766,953 $87,329$562,730$650,059$4,611,945$41,214,816 Debt Service Funds 95 Attachment number 1 \nPage 107 of 184 Item # 2 SHIPPinellas County CommunityLocal HousingLocal Housing SpecialRedevelopmentAssistanceAssistance ProgramsAgencyTrustTrustTotal REVENUES Intergovernmental: Federal$3,951,721$- $- $- $3,951,721 State172,025- - - 172,025 Local184,079857,295 - - 1,041,374 Charges for services1,320,212- - - 1,320,212 Fines and forfeitures441,366- - - 441,366 Investment earnings190,724 105,7868,904 13,232 318,646 Miscellaneous738,33470,01828,213 - 836,565 Total revenues:6,998,4611,033,09937,11713,2328,081,909 EXPENDITURES Current: General government514,314- - - 514,314 Public safety2,484,435- - - 2,484,435 Physical environment145,811- - - 145,811 Transportation9,142- - - 9,142 Economic environment470,362430,378100,214 1,769 1,002,723 Human services181,989- - 181,989 Culture and recreation998,221- - 998,221 Debt service: Principal- - - - - Interest & fiscal charges- - - - - Capital outlay214,365 - - - 214,365 Total expenditures5,018,639430,378100,2141,769 5,551,000 Excess (deficiency) of revenues over / (under) expenditures1,979,822602,721(63,097)11,4632,530,909 OTHER FINANCING SOURCES (USES) Transfers in1,591,234756,740- - 2,347,974 Transfers out(1,748,818)(1,672,615)(51,161)(373,958)(3,846,552) Total other financing sources (uses)(157,584)(915,875)(51,161)(373,958)(1,498,578) Net change in fund balances1,822,238(313,154) (114,258)(362,495)1,032,331 Fund balances - beginning19,824,7312,900,5197,421,0541,421,359 31,567,663 Fund balances - ending$21,646,969$2,587,365$7,306,796$1,058,864$32,599,994 The notes to the financial statements are an integral part of this statement. Special Revenue Funds City of Clearwater, Florida Combining Statement of Revenues, Expenditures, and Changes in Fund Balances Nonmajor Governmental Funds For the Year Ended September 30, 2012 96 Attachment number 1 \nPage 108 of 184 Item # 2 Spring TrainingFundTotal NotesFacilityCommunityNonmajor andRevenueRedevelopmentGovernmental MortgagesBondsTotalAgencyFunds $- $- $- $- $3,951,721 - 500,004 500,004 - 672,029 - 587,650 587,650 - 1,629,024 - - - - 1,320,212 - - - - 441,366 - 9,9329,932 - 328,578 - - - 3,943 840,508 - 1,097,5861,097,5863,943 9,183,438 - - - - 514,314 - - - - 2,484,435 - - - - 145,811 - - - - 9,142 - - - 362,293 1,365,016 - - - - 181,989 - - - - 998,221 478,769 570,000 1,048,769 - 1,048,769 41,502 506,586 548,088 - 548,088 - - - 82,136 296,501 520,2711,076,5861,596,857444,4297,592,286 (520,271)21,000(499,271)(440,486)1,591,152 520,271- 520,271 1,316,814 4,185,059 - - - (145,797) (3,992,349) 520,271- 520,2711,171,017192,710 - 21,00021,000730,5311,783,862 - 541,730541,7303,873,698 35,983,091 $- $562,730 $562,730 $4,604,229 $37,766,953 Capital Project 97 Attachment number 1 \nPage 109 of 184 Item # 2 This Page Intentionally Left Blank 98 Attachment number 1 \nPage 110 of 184 Item # 2 Variance with Final Budget ActualPositive OriginalFinalAmounts(Negative) REVENUES Intergovernmental - Local$872,614 $857,295 $857,295 $- Investment earnings120,000 120,000 105,786 (14,214) Miscellaneous 70,018 70,018 70,018 - Total revenues1,062,632 1,047,313 1,033,099 (14,214) EXPENDITURES Current - Economic environment551,402 548,870 430,378 118,492 Total expenditures551,402 548,870 430,378 118,492 Excess of revenues over expenditures511,230 498,443 602,721 104,278 OTHER FINANCING SOURCES (USES) Transfers in1,187,699 756,740 756,740 - Transfers out(1,698,929) (1,672,615) (1,672,615) - Total other financing sources (uses)(511,230) (915,875) (915,875) - Excess (deficiency) of revenues and other sources over expenditures and other uses- (417,432) (313,154) 104,278 Fund balances - beginning2,900,519 2,900,519 2,900,519 - Fund balances - ending$2,900,519 $2,483,087 $2,587,365 $104,278 The notes to the financial statements are an integral part of this statement. For the Year Ended September 30, 2012 Budgeted Amounts City of Clearwater, Florida Schedule of Revenues, Expenditures, and Changes in Fund Balances - Budget and Actual (GAAP Basis) Community Redevelopment Agency 99 Attachment number 1 \nPage 111 of 184 Item # 2 This Page Intentionally Left Blank 100 Attachment number 1 \nPage 112 of 184 Item # 2 Nonmajor Enterprise Funds Enterprise funds are used to account for the financing, acquisition, operation, and maintenance of governmental facilities that are supported primarily by user charges. Recycling Utility Fund – to account for the financing, processing, operation and maintenance of the City's recycling service from charges made to users of the services and funds received from the sale of recyclable commodities processed to meet market requirements. The service area extends beyond the City limits Marine Operations Fund - to account for the financing, operation, and maintenance of the City’s marine operations (excluding the downtown boat slips) and associated real property from rents collected from users. Aviation Operations Fund - to account for the financing, operation, and maintenance of the City’s airpark operations from rents collected from users. Parking System Fund - to account for the financing, construction, operation and maintenance of the City's parking system, including on- and off-street parking on Clearwater Beach and Downtown Clearwater, from parking charges. Harborview Center Fund - to account for the operation of the City’s convention center and related facilities. Clearwater Harbor Marina Fund - to account for the financing, operation, and maintenance of the City’s downtown boat slips from boat slip rentals. 101 Attachment number 1 \nPage 113 of 184 Item # 2 RecyclingMarine UtilityOperations ASSETS Current assets: Cash and investments$4,824,388 $342,500 Accrued interest receivable21,367 1,167 Accounts and contracts receivable: Billed 89,709 - Unbilled charges estimated180,193 - 269,902 - Less: Allowance for uncollectable accounts(3,111) - Total receivables, net266,791 - Due from other governmental entities- - Inventories, at cost- 57,281 Prepaid expenses and other assets10,313 - Total current assets - unrestricted5,122,859 400,948 Current assets - restricted: Restricted cash and investments- - Total current assets - restricted- - Total current assets5,122,859 400,948 Noncurrent assets: Net pension asset85,214 52,597 Capital assets: Land and other nondepreciable assets- 670,086 Capital assets, net of accumulated depreciation356,991 453,945 Total noncurrent assets442,205 1,176,628 Total assets5,565,064 1,577,576 LIABILITIES Current liabilities: Accounts and contracts payable14,256 111,290 Accrued payroll14,440 13,177 Deposits - 33,346 Unearned revenue and liens- - Current portion of long-term liabilities: Compensated absences19,747 66,667 Notes, loan pool agreement and acquisition contracts39,979 - Due to other funds- - Total current liabilities88,422 224,480 Noncurrent liabilities: Compensated absences12,404 41,878 Other postemployment benefits107,284 82,241 Notes, loan pool agreement and acquisition contracts20,412 - Advances from other funds- - Total non-current liabilities140,100 124,119 Total liabilities228,522 348,599 Net assets: Invested in capital assets, net of related debt296,600 1,124,031 Restricted for: Developer agreement- - Unrestricted5,039,942 104,946 Total net assets$5,336,542 $1,228,977 The notes to the financial statements are an integral part of this statement. September 30, 2012 Nonmajor Enterprise Funds Combining Statement of Net Assets City of Clearwater, Florida 102 Attachment number 1 \nPage 114 of 184 Item # 2 AviationParkingHarborviewClearwater OperationsSystemCenterHarbor MarinaTotal $419,108 $6,472,351 $760,716 $973,413 $13,792,476 688 67,935 3,297 1,539 95,993 - - - 18,347 108,056 - - - - 180,193 - - - 18,347 288,249 - - - - (3,111) - - - 18,347 285,138 50,641 - - - 50,641 - - - - 57,281 - - - - 10,313 470,437 6,540,286 764,013 993,299 14,291,842 - 9,300,000 - - 9,300,000 - 9,300,000 - - 9,300,000 470,437 15,840,286 764,013 993,299 23,591,842 2,025 20,181 - - 160,017 1,478,550 989,832 926,000 - 4,064,468 2,073,243 3,298,347 4,518,998 12,289,839 22,991,363 3,553,818 4,308,360 5,444,998 12,289,839 27,215,848 4,024,255 20,148,646 6,209,011 13,283,138 50,807,690 4,198 54,041 474 6,517 190,776 752 15,909 - 2,558 46,836 - 1,873 - 31,145 66,364 - 17,090 - 2,789 19,879 2,422 32,448 - 1,615 122,899 - - - - 39,979 20,271 - - - 20,271 27,643 121,361 474 44,624 507,004 1,522 20,383 - 1,015 77,202 6,705 148,162 - 26,902 371,294 - - - - 20,412 60,814 - - - 60,814 69,041 168,545 - 27,917 529,722 96,684 289,906 474 72,541 1,036,726 3,551,793 4,288,179 5,444,998 12,289,839 26,995,440 - 9,300,000 - - 9,300,000 375,778 6,270,561 763,539 920,758 13,475,524 $3,927,571 $19,858,740 $6,208,537 $13,210,597 $49,770,964 103 Attachment number 1 \nPage 115 of 184 Item # 2 RecyclingMarine UtilityOperations Operating revenues: Sales to customers$1,049,612 $2,778,226 Service charges to customers7,255 - User charges to customers1,623,981 164,373 Rentals- 1,134,248 Total operating revenues2,680,8484,076,847 Operating expenses: Personal services1,066,143 963,988 Purchases for resale200,695 2,287,141 Operating materials and supplies171,865 58,940 Transportation536,451 9,101 Utility service9,332 222,642 Depreciation127,024 111,273 Interfund administrative charges543,520 195,790 Other current charges: Professional fees4,282 89,611 Advertising17,136 11,166 Communications6,267 14,614 Printing and binding1,097 - Insurance35,460 35,660 Repairs and maintenance9,150 27,214 Rentals- 1,440 Miscellaneous9,944 66,101 Data processing charges33,400 27,470 Taxes- - Total other current charges116,736273,276 Total operating expenses2,771,7664,122,151 Operating income (loss)(90,918)(45,304) Nonoperating revenues (expenses): Investment earnings90,898 5,645 Interest expense(2,562) - Loss on exchange of capital assets- (15,800) Other83,355 103,777 Total nonoperating revenue (expenses)171,69193,622 Income (loss) before contributions and transfers80,77348,318 Capital grants and contributions- 77,778 Transfers out(148,260) (217,320) Changes in net assets(67,487)(91,224) Total net assets - beginning5,404,0291,320,201 Total net assets - ending$5,336,542$1,228,977 The notes to the financial statements are an integral part of this statement. City of Clearwater, Florida For the Year Ended September 30, 2012 Nonmajor Enterprise Funds Combining Statement of Revenues, Expenses, and Changes in Fund Net Assets 104 Attachment number 1 \nPage 116 of 184 Item # 2 AviationParkingHarborviewClearwater OperationsSystemCenterHarbor MarinaTotals $8,040 $4,881,510 $- $- $8,717,388 - - - - 7,255 - - - 19,576 1,807,930 237,481 - 108,605 445,846 1,926,180 245,5214,881,510108,605465,42212,458,753 56,192 1,178,891 - 172,210 3,437,424 - - - 352 2,488,188 3,133 42,262 - 67,184 343,384 1,600 159,848 235 1,701 708,936 43,643 56,186 18,847 53,690 404,340 197,481 275,688 502,792 327,314 1,541,572 20,440 877,800 6,480 40,010 1,684,040 10,597 255,296 3,722 24,532 388,040 - - - 3,648 31,950 - 14,292 - 283 35,456 - 9,224 317 - 10,638 23,050 31,770 - 12,840 138,780 262 717,661 75,381 2,057 831,725 - 313,399 - - 314,839 200 192,389 - 8,228 276,862 730 35,630 - 4,330 101,560 - - 2,163 - 2,163 34,8391,569,66181,58355,9182,132,013 357,3284,160,336609,937718,37912,739,897 (111,807)721,174(501,332)(252,957)(281,144) - 289,165 13,237 8,191 407,136 (2,396) - - - (4,958) - - - - (15,800) 11,134 8,859 100,000 52,694 359,819 8,738298,024113,23760,885746,197 (103,069)1,019,198(388,095)(192,072)465,053 519,067 - - - 596,845 (14,140) (487,354) - (2,420) (869,494) 401,858531,844(388,095)(194,492)192,404 3,525,71319,326,8966,596,63213,405,08949,578,560 $3,927,571$19,858,740$6,208,537$13,210,597$49,770,964 105 Attachment number 1 \nPage 117 of 184 Item # 2 RecyclingMarine UtilityOperations CASH FLOWS FROM OPERATING ACTIVITIES Cash received from customers$2,803,710 $4,085,444 Cash payments to suppliers(473,226) (2,665,562) Cash payments to employees(1,043,597) (915,232) Cash payments to other funds(1,121,698) (307,818) Other revenues83,355 103,777 Net cash provided (used) by operating activities248,544 300,609 CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES Transfers out to other funds(148,260) (217,320) Payment of cash on loans to/from other funds- - Net cash provided (used) by noncapital financing activities CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Principal payments on debt(48,583) - Interest paid(2,290) - Acquisition of capital assets- (59,875) Capital contributed by other governmental entities- 77,778 Net cash provided (used) by capital and related financing activities(50,873) 17,903 CASH FLOWS FROM INVESTING ACTIVITIES Interest on investments89,124 5,333 Net cash provided by investing activities89,124 5,333 Net increase (decrease) in cash and cash equivalents138,535 106,525 Cash and cash equivalents at beginning of year4,685,853 235,975 Cash and cash equivalents at end of year$4,824,388 $342,500 Cash and cash equivalents classified as: Cash and investments$4,824,388 $342,500 Restricted cash and investments- - Total cash and cash equivalents$4,824,388 $342,500 The notes to the financial statements are an integral part of this statement. City of Clearwater, Florida Combining Statement of Cash Flows Nonmajor Enterprise Funds For the Year Ended September 30, 2012 (148,260) (217,320) 106 Attachment number 1 \nPage 118 of 184 Item # 2 AviationParkingHarborviewClearwater OperationsSystemCenterHarbor MarinaTotals $245,521 $4,881,533 $108,793 $455,390 $12,580,391 (115,014) (1,579,247) (207,286) (159,672) (5,200,007) (54,276) (1,169,727) - (167,479) (3,350,311) (46,020) (1,094,279) (8,086) (61,349) (2,639,250) 11,134 8,859 100,000 52,694 359,819 41,345 1,047,139 (6,579) 119,584 1,750,642 (14,140) (487,354) - (2,420) (869,494) (20,272) - - (387,388) (407,660) - - - - (48,583) (1,548) - - - (3,838) (685,876) (8,550) - - (754,301) 568,426 - - 1,236,097 1,882,301 (118,998) (8,550) - 1,236,097 1,075,579 303 283,598 13,222 7,540 399,120 303 283,598 13,222 7,540 399,120 (111,762) 834,833 6,643 973,413 1,948,187 530,870 14,937,518 754,073 - 21,144,289 $419,108 $15,772,351 $760,716 $973,413 $23,092,476 $419,108 $6,472,351 $760,716 $973,413 $13,792,476 - 9,300,000 - - 9,300,000 $419,108 $15,772,351 $760,716 $973,413 $23,092,476 - (1,277,154) (34,412) (487,354) (389,808) 107 Attachment number 1 \nPage 119 of 184 Item # 2 RecyclingMarine UtilityOperations City of Clearwater, Florida Combining Statement of Cash Flows Nonmajor Enterprise Funds For the Year Ended September 30, 2012 Reconciliation of operating income (loss) to net cash provided (used) by operating activities: Operating income (loss)$(90,918) $(45,304) Adjustments to reconcile operating income (loss) to net cash provided (used) by operating activities: Other nonoperating revenue83,355 103,777 Depreciation127,024 111,273 Change in assets and liabilities: (Increase) decrease in accounts receivable122,862 - (Increase) decrease in inventory- 7,367 Increase (decrease) in accounts and contracts payable(16,325) 66,143 Increase (decrease) in deposits- 8,597 Increase (decrease) in unearned revenue- - (Increase) decrease in net pension asset5,327 3,330 Increase (decrease) in accrued payroll(3,638) 25,579 Increase (decrease) in other postemployment benefits20,857 19,847 Total adjustments339,462 345,913 Net cash provided (used) by operating activities$248,544 $300,609 The notes to the financial statements are an integral part of this statement. 108 Attachment number 1 \nPage 120 of 184 Item # 2 AviationParkingHarborviewClearwater OperationsSystemCenterHarbor MarinaTotals $(111,807) $721,174 $(501,332) $(252,957) $(281,144) 11,134 8,859 100,000 52,694 359,819 197,481 275,688 502,792 327,314 1,541,572 - - 188 (12,460) 110,590 - - - - 7,367 (57,379) 32,231 (108,227) (2,166) (85,723) - (138) - 2,428 10,887 - 161 - - 161 229 4,135 - - 13,021 396 (20,656) - (449) 1,232 1,291 25,685 - 5,180 72,860 153,152 325,965 494,753 372,541 2,031,786 $41,345 $1,047,139 $(6,579) $119,584 $1,750,642 109 Attachment number 1 \nPage 121 of 184 Item # 2 This Page Intentionally Left Blank 110 Attachment number 1 \nPage 122 of 184 Item # 2 Internal Service Funds Internal service funds are used to account for services and commodities furnished by a designated department to other departments within the City or to other governments on a cost reimbursement basis. Garage Fund - to account for the cost of automotive and other motorized equipment of the City. The acquisition cost of new or upgraded equipment is financed through user departments and the asset value is simultaneously contributed to the Garage Fund. The cost of replacement of existing equipment is financed by the Garage Fund. Administrative Services Fund - to account for various support activities including information technology, printing, mailing, and telephone services. The cost for these services is charged to user departments based on the cost of providing units of service. General Services Fund - to account for various support activities including building maintenance and custodial services for all City departments and facilities. The cost for these services is charged to user departments based on the cost of providing units of service. Central Insurance Fund - to account for the City's limited self-insurance program wherein all funds are assessed charges based on damage claims incurred and on management's assessment of individual funds' risk exposure. All claims and premiums are paid out of this fund, together with other costs necessary to administer the program. Medical insurance premiums and employee health clinic operating expenses are also paid from this fund. 111 Attachment number 1 \nPage 123 of 184 Item # 2 AdministrativeGeneralCentral GarageServicesServicesInsuranceTotal ASSETS Current assets: Cash and investments$5,647,234 $8,073,917 $1,397,765 $33,773,139 $48,892,055 Accrued interest receivable24,089 37,580 6,647 169,091 237,407 Other receivables19,901 - - 26,574 46,475 Due from other funds- - - 428,592 428,592 Inventories, at cost506,597 - - - 506,597 Prepaid expenses and other assets420,782 72,464 - 1,620,099 2,113,345 Total current assets6,618,603 8,183,961 1,404,412 36,017,495 52,224,471 Noncurrent assets: Advances to other funds- - - 5,572,970 5,572,970 Net pension asset94,031 268,574 10,162 9,836 382,603 Capital assets: Land and other nondepreciable assets729,591 - - - 729,591 Capital assets, net of accumulated depreciation12,046,151 3,643,059 50,277 - 15,739,487 Total noncurrent assets12,869,773 3,911,633 60,439 5,582,806 22,424,651 Total assets19,488,376 12,095,594 1,464,851 41,600,301 74,649,122 LIABILITIES Current liabilities: Accounts and contracts payable611,568 51,935 57,433 2,447,061 3,167,997 Accrued payroll34,209 64,132 31,403 7,441 137,185 Unearned revenue638,055 - - - 638,055 Current portion of long-term liabilities: Compensated absences113,690 307,998 125,893 20,090 567,671 Notes, loan pool agreement and acquisition contracts1,992,861 361,746 - - 2,354,607 Due to other funds- 91,654 - - 91,654 Claims payable- - - 2,439,700 2,439,700 Total current liabilities (payable from current assets)3,390,383 877,465 214,729 4,914,292 9,396,869 Noncurrent liabilities: Compensated absences71,415 193,473 79,080 12,620 356,588 Other postemployment benefits163,512 371,779 179,427 36,112 750,830 Notes, loan pool agreement and acquisition contracts4,543,452 781,443 - - 5,324,895 Advances from other funds- 366,614 - - 366,614 Claims payable- - - 6,983,300 6,983,300 Total noncurrent liabilities4,778,379 1,713,309 258,507 7,032,032 13,782,227 Total liabilities8,168,762 2,590,774 473,236 11,946,324 23,179,096 NET ASSETS Invested in capital assets, net of related debt6,239,429 2,499,870 50,277 - 8,789,576 Unrestricted5,080,185 7,004,950 941,338 29,653,977 42,680,450 Total net assets$11,319,614 $9,504,820 $991,615 $29,653,977 $51,470,026 The notes to the financial statements are an integral part of this statement. City of Clearwater, Florida Combining Statement of Net Assets Internal Service Funds September 30, 2012 112 Attachment number 1 \nPage 124 of 184 Item # 2 AdministrativeGeneralCentral GarageServicesServicesInsuranceTotal Operating revenues: Charges for services$11,754,482 $8,575,606 $4,361,239 $16,311,055 $41,002,382 Other- - - 88,680 88,680 Total operating revenues11,754,4828,575,6064,361,23916,399,73541,091,062 Operating expenses: Personal services2,442,888 4,744,834 2,350,500 508,295 10,046,517 Purchases for resale4,960,473 - - - 4,960,473 Operating materials and supplies195,403 60,515 372,925 1,529,640 2,158,483 Transportation1,334 107,378 158,365 2,866 269,943 Utility service109,488 - 406,116 3,107 518,711 Depreciation3,835,231 933,927 17,908 - 4,787,066 Interfund administrative charges254,451 4,000 - - 258,451 Other current charges: Professional fees647,338 239,401 - 1,292,176 2,178,915 Communications18,292 970,530 31,042 5,597 1,025,461 Printing and binding- 18,218 - - 18,218 Insurance Premiums35,310 19,450 25,650 12,651,850 12,732,260 Claims incurred- - - 3,377,406 3,377,406 Repairs and maintenance493,797 940,288 1,005,234 13,970 2,453,289 Rentals2,062 333,235 18,559 48,835 402,691 Miscellaneous13,440 87,503 19,838 42,225 163,006 Data processing charges101,820 164,490 75,970 12,630 354,910 Taxes5,101 - - - 5,101 Total other current charges1,317,160 2,773,115 1,176,293 17,444,689 22,711,257 Total operating expenses13,116,428 8,623,769 4,482,107 19,488,597 45,710,901 Operating income (loss)(1,361,946) (48,163) (120,868) (3,088,862) (4,619,839) Nonoperating revenues (expenses) Investment earnings107,782 166,061 28,226 759,406 1,061,475 Interest expense(157,241) (31,170) - - (188,411) Gain on sale of capital assets255,956 - - - 255,956 Loss on disposal of capital assets(6,688) (8,248) - - (14,936) Other140,768 - - 90 140,858 Total nonoperating revenue (expenses)340,577 126,643 28,226 759,496 1,254,942 Income (loss) before contributions and transfers(1,021,369) 78,480 (92,642) (2,329,366) (3,364,897) Capital grants and contributions1,830,292 2,657 - - 1,832,949 Transfers in904,983 - - 1,448,894 2,353,877 Transfers out(39,623) - - (216,092) (255,715) Change in net assets1,674,283 81,137 (92,642) (1,096,564) 566,214 Total net assets - beginning9,645,331 9,423,683 1,084,257 30,750,541 50,903,812 Total net assets - ending$11,319,614 $9,504,820 $991,615 $29,653,977 $51,470,026 The notes to the financial statements are an integral part of this statement. City of Clearwater, Florida Combining Statement of Revenue, Expenses, and Changes in Fund Net Assets Internal Service Funds For the Year Ended September 30, 2012 113 Attachment number 1 \nPage 125 of 184 Item # 2 AdministrativeGeneralCentral GarageServicesServicesInsuranceTotal CASH FLOWS FROM OPERATING ACTIVITIES Cash received from other funds$11,754,482 $8,575,606 $4,361,239 $16,373,161 $41,064,488 Cash payments to suppliers(6,199,449) (2,604,750) (1,792,581) (18,242,537) (28,839,317) Cash payments to employees(2,394,552) (4,598,272) (2,349,244) (528,850) (9,870,918) Cash payments to other funds(579,055) (498,530) (303,485) (32,197) (1,413,267) Other revenues66,585 - - 90 66,675 Net cash provided (used) by operating activities2,648,011 874,054 (84,071) (2,430,333) 1,007,661 CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES Transfers in from other funds904,983 - - 1,448,894 2,353,877 Transfers out to other funds(39,623) - - (216,092) (255,715) Payment of cash on loans to/from other funds- (91,653) - (3,450,284) (3,541,937) Net cash provided (used) by noncapital financing activities865,360 (91,653) - (2,217,482) (1,443,775) CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES Principal payments on debt(2,180,413) (262,679) - - (2,443,092) Interest paid(157,241) (31,170) - - (188,411) Acquisition of capital assets(3,417,414) (768,883) - - (4,186,297) Sale of capital assets249,268 - - - 249,268 Proceeds from issuance of debt2,376,730 567,386 - - 2,944,116 Net cash provided (used) by capital and related financing activities(3,129,070) (495,346) - - (3,624,416) CASH FLOWS FROM INVESTING ACTIVITIES Interest on investments104,127 161,028 27,704 745,324 1,038,183 Net cash provided by investing activities104,127 161,028 27,704 745,324 1,038,183 Net increase (decrease) in cash and cash equivalents488,428 448,083 (56,367) (3,902,491) (3,022,347) Cash and cash equivalents at beginning of year5,158,806 7,625,834 1,454,132 37,675,630 51,914,402 Cash and cash equivalents at end of year$5,647,234 $8,073,917 $1,397,765 $33,773,139 $48,892,055 Cash and cash equivalents classified as: Cash and investments$5,647,234 $8,073,917 $1,397,765 $33,773,139 $48,892,055 The notes to the financial statements are an integral part of this statement. City of Clearwater, Florida Combining Statement of Cash Flows Internal Service Funds For the Year Ended September 30, 2012 114 Attachment number 1 \nPage 126 of 184 Item # 2 AdministrativeGeneralCentral GarageServicesServicesInsuranceTotal City of Clearwater, Florida Combining Statement of Cash Flows Internal Service Funds For the Year Ended September 30, 2012 Reconciliation of operating income (loss) to net cash provided (used) by operating activities: Operating income (loss)$(1,361,946) $(48,163) $(120,868) $(3,088,862) $(4,619,839) Adjustments to reconcile operating income (loss) to net cash provided (used) by operating activities: Other nonoperating revenue140,768 - - 90 140,858 Depreciation3,835,231 933,927 17,908 - 4,787,066 Change in assets and liabilities: (Increase) decrease in accounts receivable(10,377) - - (26,574) (36,951) (Increase) decrease in inventory(5,764) - - - (5,764) (Increase) decrease in prepaid expenses(111,438) (34,819) - (637,932) (784,189) Increase (decrease) in accounts and contracts payable177,007 (123,453) 17,633 1,343,500 1,414,687 Increase (decrease) in unearned revenue(63,806) - - - (63,806) (Increase) decrease in net pension asset12,858 23,446 11,187 2,307 49,798 Increase (decrease) in accrued payroll15,307 50,895 (9,174) (29,923) 27,105 Increase (decrease) in other postemployment benefits20,171 72,221 (757) 7,061 98,696 Total adjustments4,009,957 922,217 36,797 658,529 5,627,500 Net cash provided (used) by operating activities$2,648,011 $874,054 $(84,071) $(2,430,333) $1,007,661 Noncash investing, capital and financing activities: Capital assets transferred from General Government$2,735,275 -$ -$ -$ 2,735,275$ 115 Attachment number 1 \nPage 127 of 184 Item # 2 This Page Intentionally Left Blank 116 Attachment number 1 \nPage 128 of 184 Item # 2 Fiduciary Funds Fiduciary Funds are used to account for resources that are managed in a trustee capacity or as an agent for other parties or funds. Employees’ Pension Fund - to account for the financial operation and condition of the major employee retirement system. Firefighters’ Relief and Pension Fund - to account for the financial operation and condition of the Firefighters' Relief and Pension Plan, closed to new members in 1962, and containing 39 retired members with no active members. The Plan was fully funded effective with fiscal year 2007. Police Supplemental Pension Fund - to account for the financial operation and condition of a supplemental pension plan funded by the State for sworn police officers. Firefighters Supplemental Pension Fund - to account for the financial operation and condition of a supplemental pension plan funded by the State for firefighters. Treasurer’s Escrow Agency Fund - to account for the receipt, custody, and expenditure of funds held temporarily in trust for other parties. 117 Attachment number 1 \nPage 129 of 184 Item # 2 City of Clearwater, Florida Combining Statement of Fiduciary Net Assets Fiduciary Funds September 30, 2012 Defined BenefitDefined Contribution Pension Trust FundsPension Trust Funds PoliceFirefighters Employees'Firefighters'SupplementalSupplementalTotals ASSETS Cash and investments$2,707,983 $2,713,437 $819,988 $- $6,241,408 Managed investment accounts, at fair value: Cash and cash equivalents19,123,176 - 151,634 378,215 19,653,025 Government bonds42,960,243 - 2,942,887 498,601 46,401,731 Agency bonds10,779,151 3,222,474 642,556 - 14,644,181 Domestic corporate bonds72,998,283 - 1,215,322 3,577,490 77,791,095 International equity securities60,027,026 - - - 60,027,026 Domestic stocks264,952,603 - 7,721,708 2,129,768 274,804,079 Mortgage backed bonds55,656,320 - 1,739 1,411,600 57,069,659 Asset backed securities1,386,427 - - - 1,386,427 Domestic equity mutual funds94,454,202 - - 2,971,596 97,425,798 International equity mutual funds38,990,976 - 2,253,561 1,581,558 42,826,095 Real estate34,336,944 - - - 34,336,944 Total managed investment accounts695,665,351 3,222,474 14,929,407 12,548,828 726,366,060 Securities lending collateral131,525,918 - - - 131,525,918 Receivables: Interest and dividends1,858,102 43,595 51,767 59,856 2,013,320 Unsettled investment sales21,900,109 - - - 21,900,109 Securities lending earnings33,298 - - - 33,298 Total receivables23,791,509 43,595 51,767 59,856 23,946,727 Total assets 853,690,761 5,979,506 15,801,162 12,608,684 888,080,113 LIABILITIES Accounts payable 725,350 - - - 725,350 Unsettled investment purchases10,344,475 - - - 10,344,475 Obligations under securities lending131,525,918 - - - 131,525,918 Total liabilities142,595,743 - - - 142,595,743 NET ASSETS Net assets held in trust for pension benefits$711,095,018 $5,979,506 $15,801,162 $12,608,684 $745,484,370 The notes to the financial statements are an integral part of this statement. 118 Attachment number 1 \nPage 130 of 184 Item # 2 Defined BenefitDefined Contribution Pension Trust FundsPension Trust Funds PoliceFirefighters Employees'Firefighters'SupplementalSupplementalTotals ADDITIONS Contributions: Contributions from employer$18,030,265 $- $- $- $18,030,265 Contributions from employer - state tax12,000 - 819,117 1,179,573 2,010,690 Contributions from employees5,807,091 - - - 5,807,091 Total contributions23,849,356 - 819,117 1,179,573 25,848,046 Investment income: Net appreciation (depreciation) in investments fair value105,446,690 9,649 2,132,662 1,392,093 108,981,094 Interest7,676,310 211,218 173,643 227,246 8,288,417 Dividends6,550,007 - 226,128 72,499 6,848,634 119,673,007 220,867 2,532,433 1,691,838 124,118,145 Less investment expenses: Investment management / custodian fees3,408,690 5,298 83,605 71,823 3,569,416 Net income (loss) from investing activities 116,264,317 215,569 2,448,828 1,620,015 120,548,729 Securities lending income: Gross earnings412,642 - - - 412,642 Rebate received350,324 - - - 350,324 Bank fees(266,870) - - - (266,870) Net income from securities lending 496,096 - - - 496,096 Total additions 140,609,769 215,569 3,267,945 2,799,588 146,892,871 DEDUCTIONS Benefits and withdrawal payments: Benefits32,707,456 680,500 1,061,191 470,206 34,919,353 Withdrawal payments565,865 - - - 565,865 Total benefits and withdrawal payments33,273,321 680,500 1,061,191 470,206 35,485,218 Income (loss) before administrative expenses107,336,448 (464,931) 2,206,754 2,329,382 111,407,653 Administrative expenses232,286 - 7,633 12,809 252,728 Net increase (decrease)107,104,162 (464,931) 2,199,121 2,316,573 111,154,925 Net assets held in trust for pension benefits: Beginning of year603,990,856 6,444,437 13,602,041 10,292,111 634,329,445 End of year$711,095,018 $5,979,506 $15,801,162 $12,608,684 $745,484,370 The notes to the financial statements are an integral part of this statement. City of Clearwater, Florida Combining Statement of Changes in Fiduciary Net Assets Fiduciary Funds For the Year Ended September 30, 2012 119 Attachment number 1 \nPage 131 of 184 Item # 2 BalanceBalance October 1,September 30, 2011AdditionsDeductions2012 TREASURER'S ESCROW FUND ASSETS Cash and investments$423,275 425,253 578,586 $269,942 Accrued interest receivable1,508 1,048 1,642 914 Total Assets$424,783 426,301 580,228 $270,856 LIABILITIES Other miscellaneous payables: Downtown Development Board$309,959 414,651 578,647 $145,963 Special purpose funds7,640 96 96 7,640 Other107,184 11,066 997 117,253 Total Liabilities$424,783 425,813 579,740 $270,856 The notes to the financial statements are an integral part of this statement. City of Clearwater, Florida Statement of Changes in Assets and Liabilities Agency Fund For the Year Ended September 30, 2012 120 Attachment number 1 \nPage 132 of 184 Item # 2 Supplementary Information 121 Attachment number 1 \nPage 133 of 184 Item # 2 122 Page 1 of 5 City of Clearwater, Florida Continuing Disclosure – Gas System Revenue Bonds Series 2004, 2005, and 2007 Supplementary Information The System: Rates, Fees and Charges The City Council has established a schedule of rates and charges by ordinance, which includes a purchased gas cost adjustment provision allowing the City to pass-through to customers any increase or decrease in the purchased price of gas. The City is not subject to regulation by any State agency in establishing or revising its rates. Where competitive fuel sources or transportation service are available to the customer, the City Council has authorized the City Manager to enter into contract gas service rates at special rates and/or conditions as required to obtain/retain the customer load. Such contract service must meet the normal construction feasibility formula to insure profitable payback to the City. For the fiscal year ending September 30, 2012, contract rates applied to an average of 152 customer accounts per month and impacted 8.82% of total annual revenues. The rates charged by the System through September 30, 1996, were part of the Phase I Gas Rate Case implemented October 1, 1995, which was based on a comprehensive cost of service study performed by the Utility Advisory Services Group of the international accounting firm of Coopers & Lybrand, LLP (the “Rate Study”). This Phase I implementation resulted in an extensive overhaul of the Gas System customer rates, providing numerous classes of service and a modernized billing methodology. The new rates, effective October 1, 1996, were designed to be industry-based and responsive to the competitive energy challenges. The goal of the Rate Study was to establish rates which would be fair to all classes of customers, provide funding to implement planned expansion in both existing northern Pinellas County services area and into the newly acquired southwestern Pasco service area, and provide an adequate growth potential in return to the City of Clearwater to further offset the ad valorem tax rates (current impact is about 0.5 mills). As the result of experiences during the first seven months of the Phase I implementation, adjustments made to the Phase II rates were implemented October 1, 1996, and additional adjustments (Phase III) were implemented effective October 1, 1997. The total projected impact of both new phases of the rate case was $1.05 million, or less than 7.9% of total gas sales revenues. The rate ordinance containing the Phase II and Phase III rate changes was approved by the City Council on June 6, 1996. Gas rates for customer charges were increased effective April 1, 2005. The total estimated annual impact of this rate increase was $373,352. New rates, effective October 1, 2008, were designed to recover the costs of providing service to respective classes of customers. The goal of the “Cost of Service and Rate Study” was to establish rates which would be sufficient to meet Clearwater Gas System’s total revenue requirements and reflect cost of service consideration and practical rate implementation constraints as required. Attachment number 1 \nPage 134 of 184 Item # 2 CL E A R W A T E R G A S S Y S T E M NA T U R A L G A S R A T E B I L L I N G F A C T O R S FO R A U G U S T 1 , 2 0 1 2 - S E P T E M B E R 3 0 , 2 0 1 2 B A S E D O N A P P R O V E D G A S A D J U S T M E N T F A C T O R S In t e r r . C o n t r a c t F i r m N a t u r a l G a s R a t e S c h e d u l e s NG R a t e NG R a t e R S S M F M M F L M F S G S M G S L G S R A C G A C L A C S L SL w / M & N G V N S S I S C N S (C l o s e d 1 / 0 9 ) R e l i g h t (N o n - R e s l ) ( N o n - R e s l ) App l i c a b l e A n n u a l T h e r m R a n geN A (1 - N A (4 + N A (4 + N A (4 + 0 - 1 8 , 0 0 0 - 1 0 0 , 0 0 0 N A (1 - N A (0 - N A (15 0 N A NA NA NA 10 0 , 0 0 0 N A o r O t h e r R a t e D e t e r m i n a n t 3 U n i t s ) U n i t s ) U n i t s ) U n i t s ) 17 , 9 9 9 9 9 , 9 9 9 & u p 3 U n i t s ) 14 9 t o n s ) to n s & + ) & u p Mo n t h l y C u s t o m e r C h a r ge $ 1 0 . 0 0 $ 2 5 . 0 0 $ 4 0 . 0 0 $ 9 5 . 0 0 $ 2 5 . 0 0 $ 4 0 . 0 0 $ 9 5 . 0 0 $ 1 0 . 0 0 $ 2 5 . 0 0 $ 4 0 . 0 0 $ 2 0 . 0 0 $ 2 0 . 0 0 B y C o n t r a c t $ 5 0 . 0 0 $ 2 5 0 . 0 0 B y C o n t r a c t (Fo r C e n t r a l P a s c o T e r r i t o r y) ($1 8 . 0 0 ) ($4 0 . 0 0 ) ($7 0 . 0 0 ) ($1 6 0 . 0 0 ) ($4 0 . 0 0 ) ($7 0 . 0 0 ) ($1 6 0 . 0 0 ) ($1 8 . 0 0 ) ($4 0 . 0 0 ) ($7 0 . 0 0 ) ($3 0 . 0 0 ) ($3 0 . 0 0 ) (By C o n t r a c t ) ($7 5 . 0 0 ) $4 0 0 . 0 0 (By C o n t r a c t ) if n o t p r e v . if n o t p r e v . i f n o t p r e v . No n - F u e l E n e r g y C h a r g e / T h e r m bi l l e d b i l l e d b i l l e d No n - F u e l E n e r gy C h a r ge $ 0 . 4 8 $ 0 . 4 8 $ 0 . 4 8 $ 0 . 4 8 $ 0 . 4 6 $ 0 . 4 0 $ 0 . 3 4 $ 0 . 2 0 $ 0 . 1 5 $ 0 . 1 0 $ 0 . 2 0 $ 0 . 3 5 B y C o n t r a c t $ 0 . 4 6 $ 0 . 2 8 B y C o n t r a c t En e r gy C o n s e r v a t i o n A d j. (EC A ) 0. 1 3 0 . 1 3 0 . 1 3 0 . 1 3 0 . 1 3 0 . 1 3 0 . 1 3 N A NA NA NA NA NA NA NA NA Re gul a t o r y I m p o s i t i o n A d j. (RI A ) 0. 0 3 0 . 0 3 0 . 0 3 0 . 0 3 0 . 0 3 0 . 0 3 0 . 0 3 N A NA NA NA NA NA NA NA NA Us a ge & I n f l a t i o n A d j. (UI A ) 0. 0 8 0. 0 8 0. 0 8 0. 0 8 0. 0 6 0. 0 6 0. 0 6 NA NA NA NA NA NA NA NA NA To t a l N o n - F u e l E n e r g y C h a r g e $0 . 7 2 $ 0 . 7 2 $ 0 . 7 2 $ 0 . 7 2 $ 0 . 6 8 $ 0 . 6 2 $ 0 . 5 6 $ 0 . 2 0 $ 0 . 1 5 $ 0 . 1 0 $ 0 . 2 0 $ 0 . 3 5 B y C o n t r a c t $ 0 . 4 6 $ 0 . 2 8 B y C o n t r a c t Pu r c h a s e d G a s A d jus t m e n t (PG A ) 0. 7 6 0. 7 6 0. 7 6 0. 7 6 0. 7 6 0. 7 6 0. 7 6 0. 7 6 0. 7 6 0. 7 6 0. 7 6 0. 7 6 0. 6 8 0. 7 6 0. 6 8 0. 6 8 To t a l E n e r g y C h a r g e / T h e r m 14 8 14 8 14 8 14 8 14 4 13 8 13 2 09 6 09 1 08 6 09 6 11 1 06 8 12 2 09 6 06 8 City of Clea Continuing Disclosure - Series 2004 Supplement____________________________ 123 To t a l En e r g y Ch a r g e / T h e r m 1.48 1.48 1.48 1.48 1.44 1.38 1.32 0.96 0.91 0.86 0.96 1.11 0.68 1.22 0.96 0.68 + N o n - F u e l + N o n - F u e l Mi n i m u m M o n t h l y B i l l $ 1 0 . 0 0 $ 2 5 . 0 0 $ 4 0 . 0 0 $ 9 5 . 0 0 $ 2 5 . 0 0 $ 4 0 . 0 0 $ 9 5 . 0 0 $ 1 0 . 0 0 $ 2 5 . 0 0 $ 4 0 . 0 0 $ 2 0 . 0 0 $ 2 0 . 0 0 B y C o n t r a c t $ 5 0 . 0 0 $ 2 5 0 . 0 0 C u s t o m e r (Fo r C e n t r a l P a s c o T e r r i t o r y) ($1 8 . 0 0 ) ($4 0 . 0 0 ) ($7 0 . 0 0 ) ($1 6 0 . 0 0 ) ($4 0 . 0 0 ) ($7 0 . 0 0 ) ($1 6 0 . 0 0 ) ($1 8 . 0 0 ) ($4 0 . 0 0 ) ($7 0 . 0 0 ) ($3 0 . 0 0 ) ($3 0 . 0 0 ) (By C o n t r a c t ) ($7 5 . 0 0 ) $4 0 0 . 0 0 C h a r ge + @ p r e m i s e@ p r e m i s e @ p r e m i s e + F A C + F A C + F A C + F A C + N o n - F u e l T hNo n - F u e l T h e r m Ra t e f o r C o n t Ra t e f o r C o n t r a c t # o f T h e r m s # o f T h e r m s Co m p a r e s t o L P / G a l l o n R a t e o f $1 . 3 5 $ 1 . 3 5 $ 1 . 3 5 $ 1 . 3 5 $ 1 . 3 2 $ 1 . 2 6 $ 1 . 2 1 $ 0 . 8 8 $ 0 . 8 3 $ 0 . 7 9 $ 0 . 8 8 $ 1 . 0 2 $ 0 . 6 2 $ 1 . 1 2 $ 0 . 8 8 w i t h 6 . 0 % F r a n c h i s e $ 1 . 4 4 $ 1 . 4 4 $ 1 . 4 4 $ 1 . 4 4 $ 1 . 4 0 $ 1 . 3 4 $ 1 . 2 8 $ 0 . 9 3 $ 0 . 8 8 $ 0 . 8 3 $ 0 . 9 3 $ 1 . 0 8 $ 0 . 6 6 $ 1 . 1 8 $ 0 . 9 3 Ch a n ge f r o m 1 / 2 0 0 6 T h e r m R a t e - $ 0 . 7 8 - $ 0 . 7 8 - $ 0 . 7 8 - $ 0 . 7 8 - $ 0 . 7 1 - $ 0 . 7 1 - $ 0 . 7 1 - $ 0 . 9 2 - $ 0 . 9 2 - $ 0 . 9 2 - $ 0 . 9 2 - $ 0 . 8 7 - $ 1 . 1 0 - $ 0 . 9 3 - $ 0 . 7 8 - $ 0 . 7 8 % C h a n ge f r o m 1 / 2 0 0 6 T h e r m R a t e - 3 4 . 5 % - 3 4 . 5 % - 3 4 . 5 % - 3 4 . 5 % - 3 3 . 0 % - 3 4 . 0 % - 3 5 . 0 % - 4 8 . 9 % - 5 0 . 3 % - 5 1 . 7 % - 4 8 . 9 % - 4 3 . 9 % - 6 1 . 8 % - 4 3 . 3 % - 4 4 . 8 % - 5 3 . 4 % Ut i l i t y T a x N o t e : Fu e l R a t e p e r T h e r m 1 0 / 0 1 / 1 9 7 3 $ 0 . 0 6 9 $ 0 . 0 0 0 $ 0 . 0 0 0 $ 0 . 0 0 0 $ 0 . 0 0 0 $ 0 . 0 0 0 $ 0 . 0 0 0 $ 0 . 0 0 0 $ 0 . 0 0 0 $ 0 . 0 0 0 $ 0 . 0 0 0 $ 0 . 0 0 0 $ 0 . 0 0 0 $ 0 . 0 0 0 $ 0 . 0 5 5 $ 0 . 0 0 0 No n - U t i l i t y T a x a b l e F u e l / T h e r m $ 0 . 6 9 1 $ 0 . 7 6 0 $ 0 . 7 6 0 $ 0 . 7 6 0 $ 0 . 7 6 0 $ 0 . 7 6 0 $ 0 . 7 6 0 $ 0 . 7 6 0 $ 0 . 7 6 0 $ 0 . 7 6 0 $ 0 . 7 6 0 $ 0 . 7 6 0 $ 0 . 6 8 0 $ 0 . 7 6 0 $ 0 . 6 2 5 $ 0 . 6 8 0 BT U F A C T O R = T H E R M S / 1 0 0 C U B I C F E E T ( C C F ) 10 / 2 0 1 1 11 / 2 0 1 1 12 / 2 0 1 1 01 / 2 0 1 2 02 / 2 0 1 2 03 / 2 0 1 2 04 / 2 0 1 2 05 / 2 0 1 2 06 / 2 0 1 2 07 / 2 0 1 2 08 / 2 0 1 2 09 / 2 0 1 2 FY 1 1 / 1 2 A v e r a ge Fi r m S e r v i c e R a t e s 1 . 0 3 5 1 . 0 3 6 1 . 0 3 6 1 . 0 3 6 1 . 0 3 5 1 . 0 3 5 1 . 0 3 5 1 . 0 3 4 1 . 0 3 9 1 . 0 3 4 1 . 0 3 6 1 . 0 3 4 1 . 0 3 5 In t e r r u p t i b l e S e r v i c e R a t e s 1 . 0 1 5 1 . 0 1 6 1 . 0 1 6 1 . 0 1 6 1 . 0 1 5 1 . 0 1 5 1 . 0 1 5 1 . 0 1 3 1 . 0 1 9 1 . 0 1 4 1 . 0 1 6 1 . 0 1 4 1 . 0 1 5 City of Clearwater, Florida Continuing Disclosure -Gas System Revenue Bonds Series 2004, 2005, and 2007 Supplementary Information __________________________________________________________ Page 2 of 5 123 Attachment number 1 \nPage 135 of 184 Item # 2 Page 3 of 5 Table 1 Breakdown of Transportation Capacity Phase II (FTS-1)Phase III (FTS-2)Total MMBtu Per DayMMBtu Per DayMMBtu Contract Period 2/01/07 - 1/31/1712/9/91 - 2/28/15Per Day October 170,43841,788212,226 Nov-Mar1,543,069268,9311,812,000 April216,57053,430270,000 May-Sept711,756206,244918,000 Total Annual2,641,833570,3933,212,226 ThetwonaturalgastransmissioncompaniesthatservewithintheStateofFloridaareFloridaGasTransmission(FGT) andGulfstream.CurrentlyFGTisthesoleprovideroftransportationservicetotheCity.FGTisownedbyCitrusCorp. CitrusCorpisowned50%byEnergyTransferPartners,LLCAND50%byKinderMorgan,Inc.FGTisoperatedby Panhandle Energy, a subsidiary of Energy Transfer Partners. TheCityjoinedFloridaGasUtility(FGU)inOctober2000byResolution00-35.FGUisresponsibleforthepurchase& managementoftheCity'snaturalgassupply.AnupdatedAllRequirementsGasServiceAgreement,whichwas approvedbyResolution02-02inJanuary2002,requiredtheCitytopurchase100%ofitssupplythroughFGU.FGUwas formedthroughanInterlocalAgreementamongitsmembers.TheInterlocalAgreementbecameeffectiveonSeptember 1,1989andconsistedoffivemunicipalutilities.Overthenextseveralyears,additionalelectricandgasdistribution utilities joined FGU, bringing its current membership to 25 entities. Inaddition,theCityhasenteredintoaGasSupply&TransportationAgreementwithPeoplesGasSystem(PGS),dated 12/02/04,topurchasenaturalgastoservecustomerslocatedinourCentralPascoterritory,generallyeastofthe SuncoastParkwayinPascoCounty.TheCityreceivedaletterfromFGUCouncil,dated8/31/04,grantingtheCity permissiontoutilizeTECOPeoplesGasasathirdpartygassuppliersinceFGUisunableandunwillingtoprovidegasto theCitywithinthemeaningoftheprovisionsofSection3(a)(i)and(ii)oftheALLRequirementsGasServiceAgreement between the City and FGU. TheCityhastwoFirmTransportationServiceagreements(FTS-1&FTS-2)withFGTinordertodelivernaturalgasto theCity'sfourgatestations.FGUiscurrentlymanagingtheCity'sPhaseII(FTS-1)andPhaseIII(FTS-2)transportation capacityonadailybasis.Table1showsthebreakdownoftheCity'sannualgassupplyentitlementswithFGT.Thetotal annual entitlement is 3,212,226 decatherms of natural gas transportation. City of Clearwater, Florida Continuing Disclosure - Gas System Revenue Bonds Series 2004, 2005, and 2007 Supplementary Information GAS SUPPLY OnAugust1,1990,theFederalEnergyRegulatoryCommission(FERC)deregulatedthenaturalgaspipelineindustry. Thisallowsothernaturalgassuppliersandlocaldistributioncompanies,liketheCityofClearwater,totransportgasover the Florida Gas Transmission (FGT) pipelines as opposed to purchasing natural gas supply from only FGT. 124 Attachment number 1 \nPage 136 of 184 Item # 2 125 Page 4 of 5 City of Clearwater, Florida Continuing Disclosure – Gas System Revenue Bonds Series 2004, 2005, and 2007 Supplementary Information Service Area The Clearwater Gas System (CGS) is owned and operated as an enterprise utility by the City of Clearwater. CGS operates over 830 miles of underground gas main and handles the supply and distribution of both natural and propane (LP) gas throughout northern Pinellas County and western Pasco County. As a “full service” gas utility, CGS provides gas appliance sales, installation of inside customer gas piping, domestic and commercial gas equipment service, construction and maintenance of underground gas mains and service lines, and 24-hour response to any gas emergency within the service area. CGS is regulated for safety by the Florida Public Service Commission and the Federal Department of Transportation. CGS has been serving customers in the Clearwater area for over 88 years (since 1923) when operations were begun with a manufactured gas plant operation from coal and coke. In 1959, when natural gas transmission lines were finally extended to the Florida peninsula, CGS discontinued manufacturing gas and began receiving piped natural gas from Florida Gas Transmission. Clearwater Gas System serves over 19,807 customers in a 330 square mile service territory, which includes 20 municipalities as well as the unincorporated areas of northern Pinellas County and western Pasco County. The Pinellas County service territory is 158 square miles and extends generally from Ulmerton and Walsingham Roads on the south to the Pasco County line on the north and from the Gulf of Mexico on the West to the Hillsborough County line on the east. This includes all of the Pinellas beach communities south to Redington Beach. The Pasco County service territory is 172 square miles and extends from the Gulf of Mexico on the West inland about 20 miles to just east of State Road 41 and Land O’ Lakes and from the Pinellas and Hillsborough County lines on the South to generally State Road 52 on the north. The CGS service territory extends 42.3 miles from the southwestern-most to the northwestern-most points. Clearwater Gas System prides itself in being a competitive and public service-minded utility, providing safe, economical and environmentally-friendly gas, which is made in America, available in our communities for all of the homes and businesses in our service area, with special focus on the residential customers who make up 88.79% of our customer base. Attachment number 1 \nPage 137 of 184 Item # 2 Page 5 of 5 City of Clearwater, Florida Continuing Disclosure - Gas System Revenue Bonds Series 2004, 2005, and 2007 Supplementary Information As of September 30, 2012 the System's active natural gas customers were located as shown in the following table: LocationMetersPercentage Belleair4372.43% Belleair Beach1801.00% Belleair Bluffs280.16% Belleair Shores250.14% Clearwater6,62536.80% Dunedin1,0936.07% Indian Rocks Beach1020.57% Indian Shores740.41% Largo8924.95% New Port Richey3301.83% North Redington Beach140.08% Oldsmar1030.57% Port Richey110.06% Redington Beach730.41% Redington Shores420.23% Safety Harbor5843.24% Tarpon Springs1,4508.05% Unincorporated Areas Pasco2,73615.20% Central Pasco4282.38% Unincorporated Areas Pinellas2,77615.42% Total18,003100.00% The following table shows the five largest interruptible customers by peak monthly consumption and the percent of the System's revenues derived from such customers during the 12 months ending September 30, 2012: Peak Monthly% of Gross Customer Name ThermsRevenues Morton Plant Hospital125,3573.93% Metal Industries96,9082.12% Ajax Paving Industries105,2722.11% Angelica Textile Service63,2551.92% Largo Medical Center44,0931.46% The following table shows the breakdown of the System's customers by category as well as the volume of gas sold and the sales revenues generated by each category for the year ended September 30, 2012: Average No.Gas Gas Customers VolumeSales Interruptible16 27.49%16.72% Residential15,761 13.64%21.12% Commercial2,156 58.87%62.16% ThermsRevenues Interruptible6,042,116 5,132,349$ Residential2,998,580 6,481,018 Commercial12,937,800 19,073,907 Totals21,978,496 30,687,274$ 126 Attachment number 1 \nPage 138 of 184 Item # 2 127 Page 1 of 3 City of Clearwater, Florida Continuing Disclosure – Water and Sewer Revenue Refunding Bonds Series 2003, 2009B and 2011; and Revenue Bonds Series 2006 and 2009A Supplementary Information Historical Financial Information Water System: Source and Volume of Water Pumped (in million gallons per day, averaged over the fiscal year) FY City Wells County Total 20073.570 9.090 12.660 20083.075 8.844 11.919 20093.738 7.781 11.519 20104.105 6.820 10.925 20114.946 6.371 11.317 20125.925 4.999 10.924 Historical Growth in Number of Water Customers (all figures are as of September of the year indicated) Ten Largest Water Customers Fiscal Year Ending September 30, 2012 Water Used ( in 100Revenues Name of User Cubic Feet)Produced 1. City of Clearwater73,875 703,389$ 2. Chruch of Scientology FSO Inc.106,766 571,997 3. Morton Plant Hospital64,054 422,641 4. Pinellas County Schools34,077 307,777 5. IMT-Capital Macarthur Park Apartments LLC36,101 194,947 6. Crystal Beach Capital LLC33,313 190,909 7. Pinnacle Management Corp.35,143 172,506 8. Clearwater Housing Authority34,947 169,854 9. Sandpearl Resort LLC31,653 167,153 10. Brenntag Mid-South Inc.26,180 152,059 476,109 3,053,232$ Water Year Customers 200740,407 200840,131 200939,935 201039,971 201141,391 201241,988 Attachment number 1 \nPage 139 of 184 Item # 2 128 Page 2 of 3 City of Clearwater, Florida Continuing Disclosure – Water and Sewer Revenue Refunding Bonds Series 2003, 2009B and 2011; and Revenue Bonds Series 2006 and 2009A Supplementary Information Sewer System: Average Sewage Flow and Historical Growth in Number of Sewer Customers (as of September of the year indicated) FiscalAnnual Avg. Daily Year Flow in MGD Sewer Customers 200713.6 33,255 200814.0 33,146 200913.6 33,084 201014.3 33,041 201114.8 33,063 Ten Largest Sewer Customers Fiscal Year Ending September 30, 2012 Sewer Used ( in 100Revenues Name of User Cubic Feet)Produced 1. Church of Scientology85,619 528,021$ 2. Pinellas County Schools33,470 413,666 3. Morton Plan Hospital57,848 443,682 4. City of Clearwater29,087 393,667 5. Pinnacle Management Corp.35,143 198,063 6. IMT-Capital Macarthur Park Apartments LLC36,101 201,986 7. Clearwater Housing Authority33,470 206,153 8. Crystal Beach Capital LLC33,313 189,821 9. Publix Supermarkets12,077 177,188 10. Bre/Clearwater Owner LLC33,441 188,870 389,569 2,941,117$ Rates, Fees And Charges The City uses a three-tiered rate structure for water and sewer usage. The base rate includes a minimum usage for residential and nonresidential water rates. Any usage over the minimum is billed at one rate per 1,000 gallons up to a designated level and at a second rate for usage over that level. For irrigation, there is a base rate, with no minimum, and a charge per 1,000 gallons of water usage up to a designated level and a higher charge for usage over that amount. The sewer base rate includes a minimum usage and a fixed charge per 1,000 gallons of water usage over the basic allowance. The minimum usage and second tier usage level vary with the size of the meters. For fiscal year 2012 there were no changes to the three-tiered rate structure for water or sewer usage. Attachment number 1 \nPage 140 of 184 Item # 2 129 Page 3 of 3 City of Clearwater, Florida Continuing Disclosure – Water and Sewer Revenue Refunding Bonds Series 2003, 2009B and 2011; and Revenue Bonds Series 2006 and 2009A Supplementary Information Residental and October 1,October 1,October 1,October 1,October 1, Nonresidential Water Rates 2008 2009 2010 2011 2012 Minimum - Under 1 inch13.65$ 14.58$ 15.60$ 16.30$ 17.03$ 1 inch31.85 34.02 36.40 38.04 39.75 1.5 inch455.00 486.00 520.00 543.40 567.85 2 inch1,060.15 1,132.38 1,211.60 1,266.12 1,323.10 3 or 2 inch manifold1,633.45 1,744.74 1,866.80 1,950.81 2,038.60 4 inch3,144.05 3,358.26 3,593.20 3,754.89 3,923.86 6 inch8,076.25 8,626.50 9,230.00 9,645.35 10,079.39 8 inch13,650.00 14,580.00 15,600.00 16,302.00 17,035.59 Size of Meter Additional charges are assessed for usage in excess of designated minimums. Rates for Irrigation October 1,October 1,October 1,October 1,October 1, (Lawn) Meters 2008 2009 2010 2011 2012 Minimum - Under 1 inch4.86$ 5.20$ 5.56$ 5.81$ 6.07$ 1 inch14.58 15.60 16.69 17.44 18.22 1.5 inch72.94 78.05 83.51 87.27 91.20 2 inch200.22 218.52 233.82 244.34 255.34 3 or 2 inch manifold403.59 431.84 462.07 482.86 504.59 4 inch778.03 832.49 890.76 930.84 972.73 6 inch2,348.65 2,513.06 2,688.97 2,809.97 2,936.42 Size of Meter October 1,October 1,October 1,October 1,October 1, Sewer Rates 2008 2009 2010 2011 2012 Minimum - Under 1 inch18.75$ 20.07$ 21.48$ 22.44$ 23.46$ 1 inch43.75 46.83 50.12 52.36 54.74 1.5 inch625.00 669.00 716.00 748.00 728.00 2 inch1,456.25 1,558.77 1,668.28 1,742.84 1,822.06 3 or 2 inch manifold2,243.75 2,401.71 2,570.44 2,685.32 2,807.38 4 inch4,318.75 4,622.79 4,947.56 5,168.68 5,403.62 6 inch11,093.75 11,874.75 12,709.00 13,277.00 13,880.50 8 inch18,750.00 20,070.00 21,480.00 22,440.00 23,460.00 Per 1,000 gallons of water used over the allowed minimum6.256.697.167.487.82 Size of Meter Additional Indebtedness Additional indebtedness was incurred for capital improvements to the water and sewer systems or for the lease purchase of capital equipment in the amount of $9,553. Attachment number 1 \nPage 141 of 184 Item # 2 130 Page 1 of 1 City of Clearwater, Florida Continuing Disclosure – Stormwater System Revenue Bonds Series 2004, 2005, and 2012 Supplementary Information Rates, Fees, and Charges The City uses a measurement of one equivalent residential unit or ERU as the basis for the stormwater management utility fee. The rates per ERU from the inception of the utility are as follows: Rate Effective Date Per ERU January 1, 1991$3.00 October 1, 19984.00 October 1, 19994.17 October 1, 20004.35 October 1, 20014.54 January 1, 20026.13 October 1, 20027.16 October 1, 20038.01 October 1, 20048.65 October 1, 20059.35 October 1, 20069.71 October 1, 200710.51 October 1, 200811.14 October 1, 200911.80 October 1, 201012.51 October 1, 201113.04 October 1, 201213.40 October 1, 201313.77 Single-family homes, multifamily units, condominium units, apartments and mobile homes are rated as one ERU per dwelling unit. Nonresidential property is charged at the rate of 1,830 square feet of impervious area per ERU. HISTORICAL NET REVENUES 2008 2009 2010 2011 2012 Net Operating Revenues (Excluding Depreciation)5,681,465$ 5,750,323$ 7,471,323$ 7,247,625$ 7,343,935$ Interest Income and other Non-operating Revenues (Expenses)550,935 787,426 1,045,752 491,646 539,860 Total Net Revenues6,232,400$ 6,537,749$ 8,517,075$ 7,739,271$ 7,883,795$ Maximum Annual Debt Service2,889,994$ 2,889,994$ 2,889,994$ 2,889,994$ 2,693,144$ Coverage2.16 2.26 2.95 2.68 2.93 Fiscal Years Ended September 30, Attachment number 1 \nPage 142 of 184 Item # 2 131 City of Clearwater, Florida Fire Services Program Supplementary Information Pursuant to agreements between the City of Clearwater, the Pinellas County Fire Authority and the Pinellas County Emergency Medical Services Authority, the City has provided fire and emergency medical services to the respective authorities. With respect to fire services, the services are provided for the benefit of properties located outside the corporate limits of the City, but within a designated service area. Emergency medical services are provided for the benefit of persons residing both inside and outside the corporate limits of the City, based on the Authority's nearest unit dispatch policy. With respect to the Fire Services Program, a budget was prepared by Fire Department personnel covering proposed expenditures for fiscal year ending September 30, 2012, for the Fire Department as a whole. Since the funding for the Emergency Medical Services Program is based on the level fixed in prior years, the Fire Services Program budget is essentially the residual obtained by deducting the approved level of funding for the Emergency Medical Services Program from the budgeted amounts included in the total Fire Department budget. This budget was submitted to, and duly approved by, the relevant Authority prior to the commencement of the fiscal year. Income received from Pinellas County Fire Protection Authority and valid program expenditures for the Fire Services Program for the fiscal year ended September 30, 2012 are summarized below. Total Revenue Received from Pinellas County Fire Protection Authority2,055,358$ Total Fire Service Expenditures for Fiscal Year Ended September 30, 201218,833,812$ The Fire Services Program does not currently utilize an equipment reserve. Attachment number 1 \nPage 143 of 184 Item # 2 This Page Intentionally Left Blank 132 Attachment number 1 \nPage 144 of 184 Item # 2 Financial Trends Schedule 1Net Assets by Component Schedule 2Changes in Net Assets Schedule 2aProgram Revenues by Function/Program Schedule 3Fund Balances of Governmental Funds Schedule 4Changes in Fund Balances of Governmental Funds Revenue Capacity Schedule 5Assessed Value and Estimated Actual Value of Taxable Property Schedule 6Direct and Overlapping Property Tax Rates Schedule 7Property Tax Levies and Collections Schedule 8aPrincipal Real Property Taxpayers Schedule 8bPrincipal Personal Property Taxpayers Debt Capacity Schedule 9Ratios of Outstanding Debt by Type Schedule 10Ratios of General Bonded Debt Outstanding Schedule 11Direct and Overlapping Governmental Activities Debt Schedule 12Legal Debt Margin Information Schedule 13Pledged-Revenue Coverage These schedules present information to help the reader assess the affordability of the City’s current levels of outstanding debt, and the City’s ability to issue additional debt in the future. CITY OF CLEARWATER, FLORIDA STATISTICAL SECTION This section of the City’s CAFR presents detailed information as a context for understanding what the information in the financial statements, note disclosures, and required supplementary information say about the City’s overall financial health. This information has not been audited by the independent auditor. These schedules contain trend information to help the reader understand how the City’s financial performance and well-being changed over time. These schedules contain information to help the reader assess the City’s significant local revenue, the property tax. 133 Attachment number 1 \nPage 145 of 184 Item # 2 Economic and Demographic Information Schedule 14Demographic and Economic Statistics Schedule 15Principal Employers Operating Information Schedule 16Full-time Equivalent City Government Employees by Function/Program Schedule 17Operating Indicators by Function/Program Schedule 18Capital Assets Statistics by Function/Program These schedules offer economic and demographic indicators to help the reader understand the environment within which the City’s financial activities take place. These schedules contain service and infrastructure data to help the reader understand how the information in the City’s financial report relates to the services the City provides and the activities it performs. Sources: Unless otherwise noted, the information in this section is derived from the City’s comprehensive annual financial reports for the relevant year. STATISTICAL SECTION (CONTINUED) CITY OF CLEARWATER, FLORIDA 134 Attachment number 1 \nPage 146 of 184 Item # 2 20 0 3 20 0 4 20 0 5 20 0 6 20 0 7 20 0 8 20 0 9 201020112012 Pr i m a r y G o v e r n m e n t Go v e r n m e n t a l a c t i v i t i e s I n v e s t e d i n c a p i t a l a s s e t s , n e t o f r e l a t e d d e b t a 10 3 , 0 1 5 $ 1 3 3 , 7 1 1 $ 1 4 3 , 5 0 5 $ 1 8 2 , 4 7 4 $ 2 0 5 , 0 7 9 $ 2 1 8 , 3 8 4 $ 2 4 0 , 5 5 0 $ 2 4 9 , 0 4 3 $ 257,542$ 254,581$ R e s t r i c t e d 5 3 , 9 3 9 5 0 , 8 0 1 3 4 , 6 6 8 4 1 , 2 0 4 4 1 , 5 4 3 3 9 , 0 2 0 4 2 , 6 8 1 4 9 , 6 8 2 57,245 60,764 U n r e s t r i c t e d 6 2 , 5 9 9 6 1 , 1 6 3 9 2 , 7 3 9 1 0 0 , 2 3 4 1 0 8 , 2 6 2 1 1 4 , 2 4 7 1 0 3 , 5 5 6 9 3 , 2 8 3 79,955 80,208 To t a l g o v e r n m e n t a l a c t i v i t i e s n e t a s s e t s 2 1 9 , 5 5 3 $ 2 4 5 , 6 7 5 $ 2 7 0 , 9 1 2 $ 3 2 3 , 9 1 2 $ 3 5 4 , 8 8 4 $ 3 7 1 , 6 5 1 $ 3 8 6 , 7 8 7 $ 3 9 2 , 0 0 8 $ 394,742$ 395,553$ Bu s i n e s s - t y p e a c t i v i t i e s I n v e s t e d i n c a p i t a l a s s e t s , n e t o f r e l a t e d d e b t 1 0 5 , 8 2 4 $ 1 3 6 , 9 6 4 $ 1 4 6 , 4 7 6 $ 1 5 6 , 7 2 8 $ 1 6 4 , 2 4 6 $ 1 7 0 , 7 3 5 $ 1 5 8 , 1 2 9 $ 1 6 5 , 7 0 4 $ 159,913$ 163,316$ R e s t r i c t e d 3 3 , 4 1 3 3 7 , 1 0 8 3 5 , 3 5 4 3 5 , 0 5 4 3 5 , 7 7 5 3 9 , 6 3 5 4 1 , 3 3 3 4 4 , 3 3 2 55,038 55,204 U n r e s t r i c t e d 9 0 , 7 6 9 6 7 , 7 2 3 7 1 , 6 5 5 7 7 , 4 3 5 8 4 , 0 2 1 8 3 , 6 8 1 1 2 0 , 4 6 1 1 2 6 , 2 0 4 136,067 151,693 To t a l b u s i n e s s - t y p e a c t i v i t i e s n e t a s s e t s 2 3 0 , 0 0 6 $ 2 4 1 , 7 9 5 $ 2 5 3 , 4 8 5 $ 2 6 9 , 2 1 7 $ 2 8 4 , 0 4 2 $ 2 9 4 , 0 5 1 $ 3 1 9 , 9 2 3 $ 3 3 6 , 2 4 0 $ 351,018$ 370,213$ Fi s c a l Y e a r (a m o u n t s i n t h o u s a n d s ) Schedule 1 Ci t y o f C l e a r w a t e r , F l o r i d a Ne t A s s e t s b y C o m p o n e n t , La s t T e n F i s c a l Y e a r s (a c c r u a l b a s i s o f a c c o u n t i n g ) 135 Pr i m a r y g o v e r n m e n t I n v e s t e d i n c a p i t a l a s s e t s , n e t o f r e l a t e d d e b t 2 0 8 , 8 3 9 $ 2 7 0 , 6 7 5 $ 2 8 9 , 9 8 1 $ 3 3 9 , 2 0 2 $ 3 6 9 , 3 2 5 $ 3 8 9 , 1 1 9 $ 3 9 8 , 6 7 9 $ 4 1 4 , 7 4 7 $ 417,455$ 417,897$ R e s t r i c t e d 8 7 , 3 5 2 8 7 , 9 0 9 7 0 , 0 2 2 7 6 , 2 5 8 7 7 , 3 1 8 7 8 , 6 5 5 8 4 , 0 1 4 9 4 , 0 1 4 112,283 115,968 U n r e s t r i c t e d 1 5 3 , 3 6 8 1 2 8 , 8 8 6 1 6 4 , 3 9 4 1 7 7 , 6 6 9 1 9 2 , 2 8 3 1 9 7 , 9 2 8 2 2 4 , 0 1 7 2 1 9 , 4 8 7 216,022 231,901 To t a l p r i m a r y g o v e r n m e n t n e t a s s e t s 4 4 9 , 5 5 9 $ 4 8 7 , 4 7 0 $ 5 2 4 , 3 9 7 $ 5 9 3 , 1 2 9 $ 6 3 8 , 9 2 6 $ 6 6 5 , 7 0 2 $ 7 0 6 , 7 1 0 $ 7 2 8 , 2 4 8 $ 745,760$ 765,766$ a F i s c a l 2 0 0 3 a n d 2 0 0 4 i n c r e a s e s i n g o v e r n m e n t a l a c t i v i t i e s i n v e s t e d i n n e t a s s e t s , n e t o f r e l a t e d d e b t w e r e d u e t o t h e c o n s t r u ct i o n o f a s p r i n g t r a i n i n g c o m m u n i t y s p o r t s c o m p l e x ( $ 2 8 . 9 mi l l i o n ) , a n e w m a i n l i b r a r y ( $ 1 7 . 2 m i l l i o n ) , d o n a t i o n o f a r e c r e a t io n c e n t e r c o m p l e x ( $ 5 . 8 m i l l i o n ) a n d c o n s t r u c t i o n o f t w o n e w f i r e s t a t i o n s ( $ 3 . 6 m i l l i o n ) o v e r t h e t w o - y e a r p e r i o d . T h e f i s c a l 20 0 6 i n c r e a s e w a s d u e t o t h e i m p l e m e n t a t i o n o f t h e r e t r o a c t i v e i n f r as t r u c t u r e c o m p o n e n t of G A S B S t a t e m en t # 3 4 , r e s u l t i n g i n t h e a d d i t i o n o f $ 3 6 . 3 m i l l i o n o f g o v e r n m e n t a l a c t i v i t i e s c a p i t a l as s e t s . 135 Attachment number 1 \nPage 147 of 184 Item # 2 20 0 3 20 0 4 20 0 5 20 0 6 20 0 7 20 0 8 20 0 9 201020112012 Go v e r n m e n t a l a c t i v i t i e s : G e n e r a l g o v e r n m e n t 1 1 , 3 5 3 $ 1 1 , 7 7 2 $ 1 1 , 9 4 5 $ 1 3 , 2 0 3 $ 1 3 , 1 6 9 $ 1 4 , 3 4 2 $ 1 3 , 5 1 5 $ 1 5 , 9 6 6 $ 16,183$ 14,230$ P u b l i c s a f e t y 4 7 , 4 2 9 5 1 , 4 5 4 5 6 , 4 5 6 6 0 , 1 7 8 6 8 , 6 3 6 6 6 , 5 8 2 6 4 , 9 7 7 6 9 , 4 5 7 66,914 67,559 P h y s i c a l e n v i r o n m e n t 2 , 2 7 1 2 , 6 8 4 2 , 8 2 6 3 , 0 9 8 3 , 0 2 7 2 , 7 3 0 4 , 2 6 6 4 , 9 4 1 3,868 3,189 T r a n s p o r t a t i o n 8 , 8 7 8 1 2 , 5 1 0 1 2 , 0 0 1 1 3 , 8 9 8 1 3 , 6 9 4 1 2 , 3 2 2 9 , 5 9 5 1 3 , 7 6 0 13,275 13,432 E c o n o m i c e n v i r o n m e n t 4 , 2 8 8 3 , 2 2 5 3 , 3 9 5 3 , 3 2 1 3 , 1 4 2 4 , 5 3 4 3 , 9 2 4 4 , 1 5 5 3,113 2,240 H m a n s e r i c e s 57 1 55 5 53 0 44 4 44 8 44 0 40 2 97182186 (a m o u n t s i n t h o u s a n d s ) Ex p e n s e s Schedule 2 Ci t y o f C l e a r w a t e r , F l o r i d a Ch a n g e s i n N e t A s s e t s La s t T e n F i s c a l Y e a r s (a c c r u a l b a s i s o f a c c o u n t i n g ) Pa g e 1 o f 3 Fi s c a l Y e a r H u m a n s e r v i c e s 5 7 1 5 5 5 5 30 4 4 4 4 4 8 4 4 0 4 02 97 182 186 C u l t u r e a n d r e c r e a t i o n 2 2 , 0 9 4 2 5 , 4 0 2 2 8 , 8 7 5 3 2 , 6 3 6 3 2 , 8 7 2 3 7 , 6 8 8 2 8 , 7 4 0 3 0 , 6 1 0 30,606 32,814 I n t e r e s t o n l o n g - t e r m d e b t 3 , 2 8 4 3 , 0 1 3 2 , 6 9 9 2 , 3 7 3 2 , 2 4 8 1 , 9 9 8 1 , 8 5 0 1 , 4 4 6 1,217 709 To t a l g o v e r n m e n t a l a c t i v i t i e s e x p e n s e s 1 0 0 , 1 6 8 1 1 0 , 6 1 5 1 1 8 , 7 2 7 1 2 9 , 1 5 1 1 3 7 , 2 3 6 1 4 0 , 6 3 6 1 2 7 , 2 6 9 1 4 0 , 4 3 2 135,358 134,359 Bu s i n e s s - t y p e a c t i v i t i e s : W a t e r a n d s e we r u t i l i t y 4 0 , 8 2 5 4 1 , 9 9 5 4 3 , 8 5 2 4 8 , 5 9 2 4 9 , 8 4 0 5 2 , 0 1 5 5 4 , 5 2 0 5 7 , 2 2 9 61,010 59,406 G a s u t i l i t y 2 6 , 6 3 8 2 9 , 1 5 2 3 3 , 3 9 4 3 6 , 9 4 7 3 3 , 5 7 9 3 5 , 9 4 4 2 9 , 2 8 5 3 1 , 2 0 0 28,354 27,662 S o l i d w a s t e u t i l i t y 1 4 , 2 3 2 1 5 , 0 9 6 1 5 , 6 1 5 1 6 , 0 1 3 1 6 , 1 7 2 1 6 , 0 3 6 1 4 , 8 0 1 1 5 , 6 1 8 15,844 16,632 S t o r m w a t e r u t i l i t y 7 , 0 2 2 8 , 2 5 0 8 , 7 6 8 9 , 0 1 3 9 , 4 6 5 1 1 , 0 7 0 1 1 , 7 7 5 1 0 , 9 3 7 12,234 12,847 R e c y c l i n g 2 , 1 6 5 2 , 3 8 8 2 , 5 7 4 2 , 5 7 9 2 , 8 9 5 3 , 2 0 7 2 , 5 1 8 2 , 7 5 9 2,954 2,855 M a r i n e 3 , 0 6 0 3 , 2 4 9 3 , 8 0 1 4 , 3 0 3 4 , 3 6 6 4 , 6 9 6 4 , 0 2 5 3 , 8 6 8 4,136 4,168 A v i a t i o n 2 1 1 2 9 9 3 5 0 4 6 8 3 8 2 4 1 7 7 4 3 3 8 8 515 366 P a r k i n g s y s t e m 3 , 2 8 1 3 , 6 1 7 3 , 8 4 6 3 , 9 7 6 3 , 4 2 7 3 , 5 2 1 3 , 7 5 2 4 , 3 0 2 3,867 4,200 H a r b o r v i e w c e n t e r 2 , 5 2 5 2 , 4 1 8 2 , 5 5 2 2 , 6 1 8 2 , 6 6 4 2 , 8 0 0 2 , 3 4 5 9 8 4 579 610 C l e a r w a t e r H a r b o r M a r i n a - - - - - 2 3 4 7 4 4 7 3 657 726 To t a l b u s i n e s s - t y p e a c t i v i t i e s e x p e n s e s 9 9 , 9 5 9 1 0 6 , 4 6 4 1 1 4 , 7 5 2 1 2 4 , 5 0 9 1 2 2 , 7 9 0 1 2 9 , 7 2 9 1 2 4 , 2 3 8 1 2 7 , 7 5 8 130,150 129,472 To t a l p r i m a r y g o v e r n m e n t e x p e n s e s 2 0 0 , 1 2 7 $ 2 1 7 , 0 7 9 $ 2 3 3 , 4 7 9 $ 2 5 3 , 6 6 0 $ 2 6 0 , 0 2 6 $ 2 7 0 , 3 6 5 $ 2 5 1 , 5 0 7 $ 2 6 8 , 1 9 0 $ 265,508$ 263,831$ 136 Attachment number 1 \nPage 148 of 184 Item # 2 20 0 3 20 0 4 20 0 5 20 0 6 20 0 7 20 0 8 20 0 9 201020112012 C h a r g e s f o r s e r v i c e s : G e n e r a l g o v e r n m e n t a b 12 , 2 6 8 $ 1 2 , 9 6 1 $ 1 3 , 5 8 5 $ 1 4 , 6 2 8 $ 1 4 , 5 0 8 $ 2 1 , 6 3 9 $ 2 1 , 6 7 9 $ 2 1 , 4 8 4 $ 20,869$ 20,401$ P u b l i c s a f e t y 7 , 9 6 0 7 , 7 4 2 7 , 5 0 0 8 , 2 2 2 8 , 4 4 4 9 , 8 0 3 1 0 , 2 9 1 8 , 9 6 6 9,980 9,265 P h y s i c a l e n v i r o n m e n t 1 8 0 7 6 1 1 9 1 5 0 1 2 3 9 1 2 4 9 3 3 1 147 77 T r a n s p o r t a t i o n 1 2 6 1 5 9 1 6 3 2 3 5 2 6 1 1 9 4 3 9 7 8 5 7 852 885 E c o n o m i c e n v i r o n m e n t 9 1 8 7 1 6 4 1 1 0 1 0 7 1 0 8 2 1 1 1 2 4 153 122 H u m a n s e r v i c e s 6 - - - - - - - - - C u l t u r e a n d r e c r e a t i o n 3 , 1 9 1 4 , 3 4 4 4 , 7 5 3 5 , 2 9 6 5 , 5 7 4 5 , 3 1 8 5 , 3 3 4 5 , 1 7 4 5,491 5,474 O p e r a t i n g g r a n t s a n d c o n t r i b u t i o n s 8 , 2 6 7 6 , 6 0 5 6 , 2 7 3 7 , 1 8 1 9 , 6 8 7 9 , 1 2 3 8 , 5 4 2 7 , 5 6 1 8,062 8,521 Fi s c a l Y e a r (a m o u n t s i n t h o u s a n d s ) Pr o g r a m r e v e n u e s Schedule 2 (continued) Ci t y o f C l e a r w a t e r , F l o r i d a Ch a n g e s i n N e t A s s e t s La s t T e n F i s c a l Y e a r s (a c c r u a l b a s i s o f a c c o u n t i n g ) Pa g e 2 o f 3 C a p i t a l g r a n t s a n d c o n t r i b u t i o n s 5 , 2 0 7 3 , 1 2 9 1 5 , 0 5 8 3 , 4 0 5 1 1 , 7 4 8 7 , 6 3 2 3 , 1 6 9 1 , 3 1 5 2,766 845 To t a l g o v e r n m e n t a l a c t i v i t i e s p r o g r a m r e v e n u e s 37 , 2 9 6 3 5 , 1 0 3 4 7 , 6 1 5 3 9 , 2 2 7 5 0 , 4 5 2 5 3 , 9 0 8 4 9 , 8 7 2 4 5 , 8 1 2 48,320 45,590 Bu s i n e s s - t y p e a c t i v i t i e s : C h a r g e s f o r s e r v i c e s : W a t e r a n d s e w e r u t i l i t y 3 9 , 2 0 7 4 3 , 1 4 3 4 5 , 3 0 6 4 9 , 1 5 9 5 0 , 3 8 1 5 2 , 1 1 1 5 3 , 9 6 5 5 5 , 8 0 1 59,810 62,012 G a s u t i l i t y 3 0 , 0 6 4 3 3 , 0 0 1 3 7 , 4 6 9 4 3 , 1 6 0 3 8 , 9 0 6 4 0 , 9 0 2 3 9 , 0 7 9 3 6 , 6 2 2 36,470 36,351 S o l i d w a s t e u t i l i t y 1 5 , 9 6 0 1 6 , 4 0 3 1 6 , 5 4 1 1 6 , 8 1 6 1 7 , 3 0 1 1 7 , 5 1 2 1 7 , 8 4 7 1 8 , 4 2 2 19,205 19,462 S t o r m w a t e r u t i l i t y 8 , 4 8 5 9 , 5 2 6 1 0 , 3 1 9 1 1 , 1 3 8 1 1 , 8 8 5 1 2 , 7 7 0 1 3 , 4 9 3 1 4 , 7 1 7 15,222 15,890 R e c y c l i n g 2 , 4 2 7 2 , 6 4 9 2 , 7 8 4 2 , 7 4 0 3 , 2 0 4 3 , 4 1 1 2 , 2 2 7 2 , 6 9 5 3,135 2,681 M a r i n e 2 , 9 4 9 3 , 0 7 2 3 , 7 2 1 4 , 0 7 5 4 , 3 2 3 4 , 7 9 8 4 , 0 3 1 4 , 0 6 4 4,387 4,181 A v i a t i o n 1 7 6 1 8 7 2 0 5 2 1 3 2 2 4 2 2 7 2 1 6 3 3 2 237 257 P a r k i n g s y s t e m 4 , 0 0 3 4 , 4 1 8 4 , 7 5 2 4 , 9 8 1 4 , 6 5 5 4 , 1 6 6 5 , 0 0 7 4 , 3 5 8 4,677 4,890 H a r b o r v i e w c e n t e r 1 , 6 6 1 1 , 6 5 4 1 , 6 4 6 1 , 8 4 2 1 , 8 4 6 2 , 0 3 2 1 , 6 4 1 4 4 0 51 209 C l e a r w a t e r H a r b o r M a r i n a - - - - - - 5 0 4 4 325 467 O p e r a t i n g g r a n t s a n d c o n t r i b u t i o n s 1 4 4 2 0 5 9 5 9 8 3 8 3 8 3 1 8 7 133 134 C a p i t a l g r a n t s a n d c o n t r i b u t i o n s 9 , 4 0 6 5 , 5 9 1 6 , 1 3 8 6 , 6 3 9 6 , 3 8 2 1 , 0 8 6 2 , 6 0 9 1 1 , 0 6 0 5,290 7,469 To t a l b u s i n e s s - t y p e a c t i v i t i e s p r o g r a m r e v e n u e s 11 4 , 3 5 2 1 2 0 , 0 6 4 1 2 8 , 9 4 0 1 4 0 , 8 2 2 1 3 9 , 1 9 0 1 3 9 , 0 9 8 1 4 0 , 2 4 8 1 4 8 , 7 4 2 148,942 154,003 To t a l p r i m a r y g o v e r n m e n t pr o g r a m r e v e n u e s 15 1 , 6 4 8 $ 1 5 5 , 1 6 7 $ 1 7 6 , 5 5 5 $ 1 8 0 , 0 4 9 $ 1 8 9 , 6 4 2 $ 1 9 3 , 0 0 6 $ 1 9 0 , 1 2 0 $ 1 9 4 , 5 5 4 $ 197,262$ 199,593$ 137 Attachment number 1 \nPage 149 of 184 Item # 2 20 0 3 20 0 4 20 0 5 20 0 6 20 0 7 20 0 8 20 0 9 201020112012 Ne t ( E x p e n s e s ) / R e v e n u e Go v e r n m e n t a l a c t i v i t i e s ( 6 2 , 8 7 2 ) $ ( 7 5 , 5 1 2 ) $ ( 7 1 , 1 1 2 ) $ ( 8 9 , 9 2 4 ) $ ( 8 6 , 7 8 4 ) $ ( 8 6 , 7 2 8 ) $ ( 7 7 , 3 9 7 ) $ ( 9 4 , 6 2 0 ) $ (87,038)$ (88,770)$ Bu s i n e s s - t y p e a c t i v i t i e s 1 4 , 3 9 3 1 3 , 6 0 0 1 4 , 1 8 8 1 6 , 3 1 3 1 6 , 4 0 0 9 , 3 6 9 1 6 , 0 1 0 2 0 , 9 8 4 18,792 24,531 To t a l p r i m a r y g o v e r n m e n t n e t ( e x p e n s e ) / r e v e n u e ( 4 8 , 4 7 9 ) $ ( 6 1 , 9 1 2 ) $ ( 5 6 , 9 2 4 ) $ ( 7 3 , 6 1 1 ) $ ( 7 0 , 3 8 4 ) $ ( 7 7 , 3 5 9 ) $ ( 6 1 , 3 8 7 ) $ ( 7 3 , 6 3 6 ) $ (68,246)$ (64,239)$ Ge n e r a l R e v e n u e s a n d O t h e r C h a n g e s i n N e t A s s e t s Go v e r n m e n t a l a c t i v i t i e s : T a x e s P r o p e r t y 3 3 , 9 2 7 $ 3 7 , 1 5 7 $ 4 1 , 5 8 8 $ 4 8 , 0 7 6 $ 5 3 , 7 1 7 $ 5 0 , 3 4 7 $ 4 6 , 8 9 3 $ 4 4 , 0 4 0 $ 39,253$ 37,938$ S a l e s 1 4 , 5 2 9 1 5 , 2 6 3 1 6 , 3 5 1 1 7 , 1 5 5 1 6 , 0 7 9 1 5 , 6 7 5 1 3 , 8 5 0 1 3 , 2 5 3 13,385 14,092 F r a n c h i s e a 7, 1 4 0 7 , 5 0 5 8 , 2 2 6 9 , 4 3 5 9 , 5 0 5 - - - - - U t i l i t y 1 0 , 3 6 3 1 0 , 2 3 7 1 0 , 6 1 1 1 1 , 2 6 4 1 1 , 4 1 0 1 1 , 5 3 3 1 2 , 0 2 1 1 3 , 5 7 4 13,229 12,736 C o m m u n i c a t i o n s s e r v i c e s 7 , 0 1 9 6 , 7 9 0 6 , 8 8 3 6 , 8 5 4 6 , 7 8 4 7 , 3 1 6 6 , 3 9 8 6 , 1 0 7 5,852 5,871 O t h e r t a x e s b 3, 9 7 4 4 , 4 3 5 5 , 1 8 3 5 , 5 2 3 5 , 7 7 9 8 , 1 5 4 7 , 5 8 1 7 , 7 7 3 7,451 7,105 I n v e s t m e n t e a r n i n g s 2 , 1 8 8 3 , 2 3 1 2 , 6 4 8 5 , 3 5 2 7 , 4 0 2 5 , 8 3 7 8 , 6 3 5 5 , 0 1 5 2,965 2,758 Mi s c e l l a n e o u s 16 8 75 8 15 1 39 6 13 1 43 7 11 3 128125101Schedule 2 (continued) Ci t y o f C l e a r w a t e r , F l o r i d a Ch a n g e s i n N e t A s s e t s La s t T e n F i s c a l Y e a r s (a c c r u a l b a s i s o f a c c o u n t i n g ) Pa g e 3 o f 3 Fi s c a l Y e a r (a m o u n t s i n t h o u s a n d s ) 138 Mi sc e ll an e o u s 16 8 75 8 15 1 39 6 13 1 43 7 11 3 128 125 101 S p e c i a l i t e m s c 5, 8 1 0 1 0 , 0 4 7 - - - - - - - - T r a n s f e r s 5 , 4 4 3 4 , 5 1 5 4 , 7 0 7 3 , 6 5 8 6 , 9 4 8 4 , 1 9 6 ( 2 , 9 5 8 ) 9 , 9 5 1 7,511 8,980 To t a l g o v e r n m e n t a l a c t i v i t i e s 9 0 , 5 6 1 9 9 , 9 3 8 9 6 , 3 4 8 1 0 7 , 7 1 3 1 1 7 , 7 5 5 1 0 3 , 4 9 5 9 2 , 5 3 3 9 9 , 8 4 1 89,771 89,581 Bu s i n e s s - t y p e a c t i v i t i e s : I n v e s t m e n t e a r n i n g s 2 , 1 4 8 1 , 9 8 7 2 , 2 1 0 4 , 3 4 1 5 , 3 7 3 4 , 3 1 3 6 , 9 0 4 5 , 2 8 4 3,497 3,644 T r a n s f e r s ( 5 , 4 4 3 ) ( 4 , 5 1 5 ) ( 4 , 7 0 7 ) ( 3 , 6 5 8 ) ( 6 , 9 4 8 ) ( 4 , 1 9 6 ) 2 , 9 5 8 ( 9 , 9 5 1 ) (7,511) (8,980) To t a l b u s i n e s s - t y p e a c t i v i t i e s ( 3 , 2 9 5 ) ( 2 , 5 2 8 ) ( 2 , 4 9 7 ) 6 8 3 ( 1 , 5 7 5 ) 1 1 7 9 , 8 6 2 ( 4 , 6 6 7 ) (4,014) (5,336) To t a l p r i m a r y g o v e r n m e n t 8 7 , 2 6 6 $ 9 7 , 4 1 0 $ 9 3 , 8 5 1 $ 1 0 8 , 3 9 6 $ 1 1 6 , 1 8 0 $ 1 0 3 , 6 1 2 $ 1 0 2 , 3 9 5 $ 9 5 , 1 7 4 $ 85,757$ 84,245$ Ch a n g e i n N e t A s s e t s Go v e r n m e n t a l a c t i v i t i e s 2 7 , 6 8 9 $ 2 4 , 4 2 6 $ 2 5 , 2 3 6 $ 1 7 , 7 8 9 $ 3 0 , 9 7 1 $ 1 6 , 7 6 7 $ 1 5 , 1 3 6 $ 5 , 2 2 1 $ 2,733$ 811$ Bu s i n e s s - t y p e a c t i v i t i e s 1 1 , 0 9 8 1 1 , 0 7 2 1 1 , 6 9 1 1 6 , 9 9 6 1 4 , 8 2 5 9 , 4 8 6 2 5 , 8 7 2 1 6 , 3 1 7 14,778 19,195 To t a l p r i m a r y g o v e r n m e n t c h a n g e i n n e t a s s e t s 3 8 , 7 8 7 $ 3 5 , 4 9 8 $ 3 6 , 9 2 7 $ 3 4 , 7 8 5 $ 4 5 , 7 9 6 $ 2 6 , 2 5 3 $ 4 1 , 0 0 8 $ 2 1 , 5 3 8 $ 17,511$ 20,006$ a F r a n c h i s e f e e s r e c l a s s i f i e d f r o m G e n e r a l R e v e n u e s t o C h a r g e s f o r S e r v i c e s e f f e c t i v e w i t h f i s c a l 2 0 0 8 , p e r g u i d a n c e f r o m S t a t e o f F l o r i d a , D e p a r t m e n t o f F i n a n c i a l S e r v i c e s , B u r e a u o f L o c a l G o v e r n m e n t . b O c c u p a t i o n a l l i c e n s e s r e c l a s s i f i e d f r o m C h a r g e s f o r S e r v i c e s t o L o c a l B u s i n e s s T a x ( O t h e r T a x e s ) e f f e c t i v e w i t h f i s c a l 2 0 0 8 , p e r g u i d a n c e f r o m S t a t e o f F l o r i d a , D e p a r t m e n t o f F i n a n c i a l S e r v i c e s , B u r e a u o f L o c a l G o v e r n m e n t . c S p e c i a l i t e m s f o r f i s c a l 2 0 0 3 a n d 2 0 0 4 c o n s i s t e d o f a d o n a t e d r e c r e a t i o n c o m p l e x a n d a c a s h d o n a t i o n f o r a n e w S p r i n g T r a i n i n g s p o r t s c o m p l e x , r e s p e c t i v e l y . No t e : T h e C i t y b e g a n t o r e p o r t a c c r u a l i n f o r m a t i o n w h e n i t i m p l e m e n t e d GA S B S t a t e m e n t 3 4 i n f i s c a l y e a r 2 0 0 2 . 138 Attachment number 1 \nPage 150 of 184 Item # 2 20 0 3 20 0 4 20 0 5 20 0 6 20 0 7 20 0 8 20 0 9 201020112012 Fu n c t i o n / P r o g r a m Go v e r n m e n t a l a c t i v i t i e s : G e n e r a l g o v e r n m e n t 1 2 , 3 4 0 $ 1 3 , 0 9 0 $ 1 3 , 6 0 5 $ 1 4 , 6 9 7 $ 1 4 , 5 1 4 $ 2 1 , 6 4 0 $ b 21 , 6 8 1 $ 2 1 , 5 1 2 $ 2 1 , 5 3 3 $ 20,418$ P u b l i c s a f e t y 9 , 6 6 1 9 , 0 0 9 9 , 2 0 7 9 , 2 7 5 1 1 , 7 6 3 1 2 , 7 8 4 1 3 , 2 8 4 1 2 , 3 0 9 1 2 , 6 3 1 13,753 P h y s i c a l e n v i r o n m e n t 1 , 1 1 8 7 9 6 4 4 8 1 , 2 7 4 7 0 4 6 9 5 3 0 4 3 6 0 3 4 4 327 T r a n s p o r t a t i o n 3 , 9 8 2 2 , 0 0 3 1 4 , 0 5 6 a 2, 3 0 0 1 0 , 4 9 1 6 , 6 2 8 1 , 8 5 2 2 , 0 2 4 2 , 6 5 1 1,436 E c o n o m i c e n v i r o n m e n t 4 , 0 2 8 2 , 6 2 9 2 , 4 2 5 2 , 7 0 8 3 , 2 9 8 2 , 8 4 4 3 , 3 2 7 1 , 9 8 2 2 , 4 4 4 1,687 H u m a n s e r v i c e s 6 - - - - - - - 2 1 1 180 C u l t u r e a n d r e c r e a t i o n 6 , 1 6 1 7 , 5 7 6 7 , 8 7 4 8 , 9 7 3 9 , 6 8 2 9 , 3 1 7 9 , 4 2 4 7 , 6 2 5 8 , 5 0 6 7,789 Su b t o t a l g o v e r n m e n t a l a c t i v i t i e s 3 7 , 2 9 6 3 5 , 1 0 3 4 7 , 6 1 5 3 9 , 2 2 7 5 0 , 4 5 2 5 3 , 9 0 8 4 9 , 8 7 2 4 5 , 8 1 2 4 8 , 3 2 0 45,590 Bu s i n e s s - t y p e a c t i v i t i e s : W a t e r a n d s e w e r u t i l i t y 4 3 , 1 2 0 4 6 , 3 5 7 4 7 , 6 5 6 5 2 , 2 6 4 5 6 , 0 7 1 5 2 , 8 0 7 5 5 , 2 9 1 6 3 , 4 2 6 6 3 , 5 6 6 68,812 Ga s u t i l i t y 30 0 6 4 33 0 0 1 37 4 6 9 43 1 6 0 38 9 0 6 40 9 0 2 39 0 7 8 366723647036351Schedule 2a Ci t y o f C l e a r w a t e r , F l o r i d a Pr o g r a m R e v e n u e s b y F u n c t i o n / P r o g r a m La s t T e n F i s c a l Y e a r s (a c c r u a l b a s i s o f a c c o u n t i n g ) Fi s c a l Y e a r (a m o u n t s i n t h o u s a n d s ) 139 Ga s ut i l i t y 30 ,06 4 33 ,00 1 37 ,46 9 43 ,16 0 38 ,90 6 40 ,90 2 39 ,07 8 36,672 36,470 36,351 S o l i d w a s t e u t i l i t y 1 5 , 9 7 4 1 6 , 8 2 3 1 6 , 5 4 1 1 6 , 8 1 6 1 7 , 3 0 1 1 7 , 5 1 2 1 7 , 8 4 7 1 8 , 4 2 2 1 9 , 2 0 5 19,462 S t o r m w a t e r u t i l i t y 1 3 , 4 1 1 1 1 , 1 5 8 1 4 , 0 6 1 1 4 , 3 4 3 1 2 , 5 5 9 1 2 , 9 4 1 1 4 , 4 7 8 1 5 , 6 8 2 1 6 , 5 2 3 15,961 R e c y c l i n g 2 , 4 2 7 2 , 6 4 9 2 , 8 4 3 2 , 7 9 9 3 , 2 8 7 3 , 4 9 3 2 , 3 1 0 2 , 7 7 9 3 , 2 1 8 2,764 M a r i n e 2 , 9 5 3 3 , 7 5 0 3 , 7 2 1 4 , 1 2 8 4 , 3 2 3 4 , 8 1 0 4 , 0 3 1 4 , 0 6 4 4 , 3 8 7 4,259 A v i a t i o n 7 3 9 2 5 3 2 5 1 4 8 9 2 4 2 3 3 5 3 6 5 4 9 1 4 5 4 776 P a r k i n g s y s t e m 4 , 0 0 3 4 , 4 1 8 4 , 7 5 2 4 , 9 8 1 4 , 6 5 5 4 , 2 6 6 5 , 1 5 7 4 , 3 6 4 4 , 6 7 7 4,890 H a r b o r v i e w c e n t e r 1 , 6 6 1 1 , 6 5 5 1 , 6 4 6 1 , 8 4 2 1 , 8 4 6 2 , 0 3 2 1 , 6 4 1 4 4 0 5 1 209 C l e a r w a t e r H a r b o r M a r i n a - - - - - - 5 0 2 , 4 0 2 3 9 1 518 Su b t o t a l b u s i n e s s - t y p e a c t i v i t i e s 1 1 4 , 3 5 2 1 2 0 , 0 6 4 1 2 8 , 9 4 0 1 4 0 , 8 2 2 1 3 9 , 1 9 0 1 3 9 , 0 9 8 1 4 0 , 2 4 8 1 4 8 , 7 4 2 1 4 8 , 9 4 2 154,002 To t a l p r i m a r y g o v e r n m e n t 1 5 1 , 6 4 8 $ 1 5 5 , 1 6 7 $ 1 7 6 , 5 5 5 $ 1 8 0 , 0 4 9 $ 1 8 9 , 6 4 2 $ 1 9 3 , 0 0 6 $ 1 9 0 , 1 2 0 $ 1 9 4 , 5 5 4 $ 1 9 7 , 2 6 2 $ 199,592$ y e a r 2 0 0 2 . a I n 2 0 0 5 , t h e C i t y r e c e i v e d a $ 1 0 m i l l i o n r e i m b u r s e m e n t g r a n t f r o m t h e F l o r i d a D e p a r t m e n t o f R e v e n u e f o r c o n s t r u c t i o n o f t h e n e w C l e a r w a t e r M e m o r i a l C a u s e w a y B r i d g e . b F r a n c h i s e f e e s r e c l a s s i f i e d f r o m G en e r a l R e v e n u e s t o C h a r g e s f o r S e r v i c e s e f f e c t i v e w i t h f i s c a l 2 0 0 8 , p e r g u i d a n c e f r o m S t a t e o f F l o r i d a , D e p a r t m e n t of F i n a n c i a l S e r v i c e s , B u r ea u o f L o c a l G o v e r n m e n t . No t e : T h e C i t y b e g a n t o r e p o r t a c c r u a l i n f o r m a t i o n wh e n i t i m p l e m e n t e d G A S B St a t e m e n t 3 4 i n f i s c a l 139 Attachment number 1 \nPage 151 of 184 Item # 2 20 0 3 20 0 4 20 0 5 20 0 6 20 0 7 20 0 8 20 0 9 20 1 0 20 1 1 c2012 Ge n e r a l F u n d : N o n s p e n d a b l e - $ - $ - $ - $ - $ - $ - $ - $ 2 4 $ 2 5 $ R e s t r i c t e d - - - - - - - - - - C o m m i t t e d - - - - - - - - - - A s s i g n e d - - - - - - - - 8 5 6 1 , 0 4 3 U n a s s i g n e d - - - - - - - - 2 3 , 0 8 1 2 2 , 0 3 4 R e s e r v e d 2 , 6 1 8 2 , 7 6 2 3 , 0 6 4 2 , 9 4 1 3 , 4 7 6 3 , 5 0 0 3 , 1 6 8 1 , 1 6 4 - - U n r e s e r v e d 1 2 , 0 7 5 1 3 , 0 7 7 1 5 , 5 7 5 2 1 , 4 7 9 2 3 , 5 8 0 1 7 , 5 6 4 1 9 , 1 7 1 2 2 , 9 0 3 - - To t a l G e n e r a l F u n d 1 4 , 6 9 3 $ 1 5 , 8 3 9 $ 1 8 , 6 3 9 $ 2 4 , 4 2 0 $ 2 7 , 0 5 6 $ 2 1 , 0 6 4 $ 2 2 , 3 3 9 $ 2 4 , 0 6 7 $ 2 3 , 9 6 1 $ 2 3 , 1 0 2 $ Al l O t h e r G o v e r n m e n t a l F u n d s : N o n s p e n d a b l e - $ - $ - $ - $ - $ - $ - $ - $ 9 0 $ 8 7 $ Schedule 3 Ci t y o f C l e a r w a t e r , F l o r i d a Fu n d B a l a n c e s o f G o v e r n m e n t a l F u n d s La s t T e n F i s c a l Y e a r s (m o d i f i e d a c c r u a l b a s i s o f a c c o u n t i n g ) 140 R e s t r i c t e d - - - - - - - - 6 1 , 9 9 1 6 5 , 6 4 5 C o m m i t t e d - - - - - - - - 1 7 , 1 3 1 1 7 , 3 4 6 A s s i g n e d - - - - - - - - 7 , 4 0 4 8 , 4 8 8 U n a s s i g n e d - - - - - - - - ( 1 , 9 2 1 ) ( 2 , 1 1 9 ) R e s e r v e d 3 5 , 5 5 5 2 9 , 4 2 1 3 0 , 0 4 0 3 5 , 3 6 3 4 8 , 7 2 2 3 6 , 6 4 1 3 7 , 2 5 9 2 9 , 9 7 0 - U n r e s e r v e d , r e p o r t e d i n : S p e c i a l r e v e n u e f u n d s 1 5 , 1 9 9 1 5 , 3 2 5 1 7 , 3 4 0 1 9 , 6 0 8 1 8 , 6 5 6 1 6 , 4 2 6 1 6 , 8 9 9 1 3 , 9 4 4 - D e b t s e r v i c e f u n d s 3 0 2 8 2 , 2 4 8 6 4 9 0 1 1 3 1 3 6 7 , 7 2 6 - C a p i t a l p r o j e c t f u n d s 2 2 , 2 4 7 1 7 , 7 9 6 2 5 , 4 6 2 2 7 , 7 4 6 1 9 , 2 2 5 4 0 , 6 8 5 b 36 , 7 5 7 3 6 , 2 4 0 - To t a l a l l o t h e r g o v e r n m e n t a l f u n d s 7 3 , 0 3 1 $ 6 2 , 5 7 0 $ 7 5 , 0 9 0 $ 8 2 , 7 8 1 $ 8 6 , 6 9 3 $ 9 3 , 8 6 5 $ 9 1 , 0 5 1 $ 8 7 , 8 8 0 $ 8 4 , 6 9 5 $ 8 9 , 4 4 7 $ a T h e i n c r e a s e i n f i s c a l 2 0 0 2 r e s e r v e d f u n d b a l a n c e i s p r i m a r i l y d u e t o a n i n c r e a s e i n f u n d b a l a n c e r e s e r v e d f o r e n c u m b r a n c e s f r om $ 7 . 1 m i l l i o n i n f i s c a l 2 0 0 1 t o $ 3 5 . 0 m i l l i o n i n f i s c a l 2 0 0 2 , a s a r e s u l t o f m a j o r c o n s t r u c t i o n p r o j e c t s i n c l u d i n g t h e n e w m a i n l i b r a r y a n d n e w M e m o r i a l C a u s e w a y B r i d g e . A l s o c o n t r i b u t i n g w a s a $ 1 0 . 5 m i l l i o n i n c r e a s e i n f u n d b a l a n c e r e s e r v e d f o r a d v a n c e s a n d n o t e s , r e l a t e d t o i n t e r f u n d l o a n s t o t h e p a r k i n g f u n d f o r a p r o p o s e d b e a c h p a r k i n g a r a g e , a l o n g w i t h i n c r e a s e d r e s e r v e s f o r h o u s i n g a s s i s t a n c e m o r t g a g e n o t e r e c e i v a b l e s . b T h e f i s c a l 2 0 0 8 u n r e s e r v e d f u n d b a l a n c e i n c r e a s e f o r c a p i t a l p r o j e c t s i s d u e t o f u n d i n g o f c a p i t a l p r o j e c t s i n a d v a n c e o f p r o j ec t e x p e n d i t u r e s . c G A S B S t a t e m e n t N o . 5 4 w a s i m p l e m e n t e d i n 2 0 1 1 a n d r e f l e c t s n e w f u n d b a l a n c e c l a s s i f i c a t i o n f o r 2 0 1 1 . T h e n e w c l a s s i f i c a t i o n s ha v e n o t b e e n r e s t a t e d f o r 2 0 1 0 a n d p r i o r . Attachment number 1 \nPage 152 of 184 Item # 2 20 0 3 20 0 4 20 0 5 20 0 6 20 0 7 20 0 8 20 0 9 201020112012 To t a l G o v e r n m e n t a l F u n d s : P r o p e r t y t a x e s 3 3 , 9 2 7 $ 3 7 , 1 5 7 $ 4 1 , 5 8 8 $ 4 8 , 0 7 6 $ 5 3 , 7 1 7 $ 5 0 , 3 4 7 $ 4 6 , 5 7 9 $ 4 4 , 0 9 7 $ 39,290$ 37,954$ S a l e s t a x e s 8 , 6 6 2 9 , 1 2 0 9 , 9 7 8 1 0 , 7 0 5 9 , 9 3 1 9 , 8 6 3 8 , 5 7 4 7 , 9 8 7 7,929 8,393 U t i l i t y t a x e s 1 0 , 3 6 3 1 0 , 2 3 7 1 0 , 6 1 1 1 1 , 2 6 4 1 1 , 4 1 0 1 1 , 5 3 3 1 2 , 0 2 0 1 3 , 5 7 4 13,229 12,735 C o m m u n i c a t i o n s s e r v i c e s t a x e s a 7, 0 1 9 6 , 7 9 0 6 , 8 8 3 6 , 8 5 4 6 , 7 8 4 6 , 7 4 7 6 , 9 6 6 6 , 1 0 7 5,852 5,871 O t h e r t a x e s 2 , 7 8 0 2 , 8 9 1 3 , 0 0 2 3 , 0 1 6 3 , 0 1 5 3 , 6 6 9 4 , 1 6 7 3 , 6 1 3 3,561 3,308 F r a n c h i s e f e e s 7 , 1 4 0 7 , 5 0 5 8 , 2 2 6 9 , 4 3 5 9 , 5 0 5 9 , 2 5 4 1 0 , 2 0 4 1 0 , 5 4 0 9,994 9,603 L i c e n s e s , p e r m i t s , a n d f e e s 2 , 9 0 8 3 , 1 6 8 3 , 6 5 6 4 , 7 8 0 4 , 4 4 1 2 , 7 1 9 1 , 9 1 8 1 , 7 6 6 2,364 2,117 I n t e r g o v e r n m e n t a l r e v e n u e s 2 5 , 0 7 0 2 2 , 0 8 9 3 6 , 7 0 4 2 5 , 4 0 7 3 4 , 6 2 2 3 1 , 4 7 3 2 7 , 9 7 2 2 5 , 4 0 0 26,693 25,750 C h a r g e s f o r s e r v i c e s 1 0 , 4 7 1 1 2 , 1 9 8 1 2 , 5 7 0 1 4 , 6 6 9 1 4 , 8 0 6 1 4 , 8 9 5 1 4 , 9 3 3 1 4 , 8 0 3 14,081 14,682 F i n e s a n d f o r f e i t u r e s 2 , 0 7 8 1 , 7 4 2 1 , 2 6 3 1 , 5 5 7 1 , 4 0 1 1 , 2 9 8 1 , 4 7 8 1 , 1 0 1 1,638 985 I n v e s t m e n t e a r n i n g s 2 , 3 0 9 2 , 4 9 1 1 , 7 5 6 3 , 7 8 4 5 , 4 0 0 4 , 1 0 1 5 , 7 6 8 3 , 3 6 0 1,937 1,719 M i s c e l l a n e o u s 3 , 0 9 7 3 , 2 5 7 2 , 8 1 3 2 , 0 8 9 4 , 1 7 3 4 , 9 6 1 1 , 8 8 0 1 , 7 0 9 2,963 2,016 To t a l r e v e n u e s 1 1 5 , 8 2 4 1 1 8 , 6 4 5 1 3 9 , 0 5 0 1 4 1 , 6 3 6 1 5 9 , 2 0 5 1 5 0 , 8 6 0 1 4 2 , 4 5 9 1 3 4 , 0 5 7 129,531 125,133 Ex p e n d i t u r e s To t a l G o v e r n m e n t a l F u n d s : C u r r e n t : G e n e r a l g o v e r n m e n t 1 0 , 5 8 6 1 1 , 1 8 9 1 1 , 3 2 8 1 2 , 5 9 0 1 3 , 3 5 7 1 4 , 1 7 0 1 3 , 6 3 3 1 5 , 6 7 6 15,042 12,764 P u b l i c s a f e t y 4 8 , 1 6 2 5 0 , 3 0 3 5 5 , 4 0 5 5 7 , 2 6 5 6 5 , 0 9 9 6 4 , 6 3 6 6 4 , 2 4 2 6 4 , 7 3 4 63,610 64,171 P h y s i c a l e n v i r o n m e n t 2 , 2 8 9 2 , 4 9 8 2 , 7 3 7 3 , 0 3 5 2 , 9 6 4 2 , 6 7 3 4 , 0 8 5 3 , 7 7 7 3,722 3,032 T r a n s p o r t a t i o n 6 , 6 7 3 9 , 7 0 2 9 , 6 0 4 1 0 , 2 6 7 1 1 , 1 6 2 9 , 9 5 0 7 , 7 6 8 9 , 1 2 8 8,536 8,332 E c o n o m i c e n v i r o n m e n t 4 , 3 0 7 3 , 2 3 9 3 , 3 9 2 3 , 3 2 4 3 , 1 7 5 4 , 2 1 3 3 , 1 6 6 3 , 0 8 9 2,773 2,470 H u m a n s e r v i c e s 5 7 6 5 6 2 5 3 0 4 4 2 4 5 3 4 3 7 4 0 5 1 0 0 180 182 Re v e n u e s Schedule 4 Ci t y o f C l e a r w a t e r , F l o r i d a Ch a n g e s i n F u n d B a l a n c e s o f G o v e r n m e n t a l F u n d s La s t T e n F i s c a l Y e a r s (m o d i f i e d a c c r u a l b a s i s o f a c c o u n t i n g ) 141 C u l t u r e a n d r e c r e a t i o n 2 2 , 2 5 2 2 4 , 2 2 8 2 5 , 0 1 1 2 8 , 5 4 4 2 9 , 9 3 9 3 0 , 3 1 7 2 7 , 1 1 4 2 5 , 8 8 3 25,198 27,028 D e b t s e r v i c e : P r i n c i p a l 6 , 9 2 1 7 , 4 8 3 7 , 3 4 5 7 , 2 5 7 7 , 1 9 2 7 , 4 1 4 7 , 8 2 5 1 1 , 6 7 0 9,510 1,049 I n t e r e s t & i s s u a n c e c o s t s 3 , 1 4 6 2 , 9 2 2 2 , 6 1 0 3 , 0 2 9 b 1, 9 9 9 1 , 7 2 8 1 , 6 1 7 1 , 3 3 9 856 548 C a p i t a l o u t l a y 3 2 , 2 7 2 1 9 , 8 5 9 1 0 , 2 5 2 9 , 8 3 4 2 4 , 1 2 6 2 1 , 9 7 0 2 2 , 3 1 2 1 0 , 1 4 5 9,165 8,860 T o t a l e x p e n d i t u r e s 1 3 7 , 1 8 4 1 3 1 , 9 8 5 1 2 8 , 2 1 4 1 3 5 , 5 8 7 1 5 9 , 4 6 6 1 5 7 , 5 0 8 1 5 2 , 1 6 7 1 4 5 , 5 4 1 138,592 128,436 Ex c e s s ( d e f i c i e n c y ) o f r e v e n u e s o v e r ( u n d e r ) e x p e n d i t u r e s ( 2 1 , 3 6 0 ) ( 1 3 , 3 4 0 ) 1 0 , 8 3 6 6 , 0 4 9 ( 2 6 1 ) ( 6 , 6 4 8 ) ( 9 , 7 0 8 ) ( 1 1 , 4 8 4 ) (9,061) (3,303) To t a l G o v e r n m e n t a l F u n d s : T r a n s f e r s i n 2 9 , 2 4 1 2 9 , 8 5 4 2 8 , 2 0 5 3 5 , 2 5 8 4 7 , 3 3 4 4 2 , 4 8 1 3 8 , 9 5 6 5 2 , 4 8 1 34,908 31,373 T r a n s f e r s o u t ( 2 4 , 5 8 6 ) ( 2 6 , 7 5 0 ) ( 2 4 , 1 6 0 ) ( 2 9 , 8 5 0 ) ( 4 0 , 7 7 9 ) ( 3 9 , 0 2 3 ) ( 3 1 , 3 1 2 ) ( 4 2 , 4 4 0 ) (30,204) (24,491) S a l e o f c a p i t a l a s s e t s 9 2 5 7 2 0 - 1 2 0 - - - - - - L a n d h e l d f o r r e s a l e f r o m g e n e r a l g o v e r n m e n t - - - 1 , 0 0 0 - - - - - - L o n g t e r m d e b t i s s u e d 6 5 1 2 0 1 4 3 9 8 9 5 2 5 4 4 , 3 7 0 5 2 5 - 1,066 314 P r o c e e d s o f r e f u n d i n g b o n d s - - - - - - - - - - P r e m i u m o n r e v e n u e b o n d s i s s u e d - - - - - - - - - - P a y m e n t t o r e f u n d e d b o n d e s c r o w a g e n t - - - - - - - - - - To t a l o t h e r f i n a n c i n g s o u r c e s ( u s e s ) 6 , 2 3 1 4 , 0 2 5 4 , 4 8 4 7 , 4 2 3 6 , 8 0 9 7 , 8 2 8 8 , 1 6 9 1 0 , 0 4 1 5,770 7,196 (1 5 , 1 2 9 ) $ ( 9 , 3 1 5 ) $ 1 5 , 3 2 0 $ 1 3 , 4 7 2 $ 6 , 5 4 8 $ 1 , 1 8 0 $ ( 1 , 5 3 9 ) $ ( 1 , 4 4 3 ) $ (3,291)$ 3,893$ De b t s e r v i c e a s a p e r c e n t a g e o f n o n c a p i t a l e x p e n d i t u r e s 1 0 . 5 % 1 4 . 1 % 8 . 7 % 8 . 5 % 6 . 9 % 6 . 8 % 7 . 4 % 9 . 6 % 8 . 2 % 1 . 4 % b T h e i n c r e a s e i n f i s c a l 2 0 0 6 i n t e r e s t a n d i s s u a n c e c o s t s i s d u e t o $ 7 4 2 t h o u s a n d o f a r b i t r a g e r e b a t e o n t h e 2 0 0 1 I n f r a s t r u c t u r e S a l e s T a x r e v e n u e b o n d s . a E f f e c t i v e O c t o b e r 1 , 2 0 0 1 , t h e F l o r i d a L e g i s l a t u r e r e p e a l e d t h e p u b l i c s e r v i c e u t i l i t y t a x o n t e l e c o m m u n i c a t i o n s a n d c r e a t e d a s i m p l i f i e d t a x s t r u c t u r e f o r c o m m u n i c a t i o n s s e r v i c e s . Ot h e r F i n a n c i n g S o u r c e s ( U s e s ) Ne t C h a n g e i n F u n d B a l a n c e s 141 Attachment number 1 \nPage 153 of 184 Item # 2 Le s s : Go v e r n m e n t H o m e s t e a d T o t a l E s t i m a t e d A s s e s s e d an d A s s e s s m e n t L e s s : Ta x a b l e T o t a l A c t u a l V a l u e a s a Fi s c a l R e s i d e n t i a l C o m m e r c i a l I n d u s t r i a l I n s t i t u t i o n a l P e r s o n a l O t h e r C a p T a x E x e m p t A s s e s s e d D i r e c t T a x a b l e P e r c e n t a g e o f Ye a r Pr o p e r t y P r o p e r t y P r o p e r t y P r o p e r t y P r o p e r t y P r o p e r t y D i f f e r e n t i a l b Pr o p e r t y Val u e T a x R a t e cValueActual Value 20 0 3 5 , 2 9 0 , 8 9 7 $ 1 , 4 5 0 , 8 0 5 $ 1 0 9 , 8 5 2 $ 1 , 0 1 8 , 6 7 0 $ 6 2 9 , 5 9 1 $ 5 6 , 3 1 9 $ 7 2 2 , 7 6 5 $ 1 , 7 2 8 , 2 9 1 $ 6 , 1 0 5 , 0 7 8 $ 5 . 7 5 3 0 7 , 1 8 2 , 4 4 5 $ 85.0% 20 0 4 6 , 0 4 3 , 6 1 1 1 , 5 3 7 , 6 1 2 1 1 6 , 8 2 2 1 , 0 8 3 , 1 8 6 6 1 6 , 8 8 3 6 3 , 7 4 6 9 6 6 , 8 3 0 1 , 8 0 1 , 7 6 5 6 , 6 9 3 , 2 6 5 5 . 7 5 3 0 7 , 8 7 4 , 4 2 9 85.0% 20 0 5 6 , 9 2 3 , 8 6 3 1 , 7 1 4 , 6 8 4 1 3 1 , 5 1 8 1 , 2 0 1 , 4 6 3 6 0 4 , 7 4 7 6 2 , 3 3 9 1 , 2 4 6 , 7 7 9 1 , 9 2 3 , 1 0 8 7 , 4 6 8 , 7 2 7 5 . 7 5 3 0 8 , 7 8 6 , 7 3 8 85.0% 20 0 6 8 , 3 2 5 , 1 3 4 1 , 9 0 2 , 6 2 7 1 5 3 , 0 3 5 1 , 3 2 9 , 2 1 9 6 0 5 , 1 0 2 7 0 , 6 6 5 1 , 6 9 0 , 2 0 8 2 , 0 4 5 , 3 4 3 8 , 6 5 0 , 2 3 1 5 . 7 5 3 0 1 0 , 1 7 6 , 7 4 2 85.0% 20 0 7 1 0 , 9 6 7 , 9 1 0 2 , 2 9 4 , 4 9 2 1 7 8 , 9 8 7 1 , 4 9 9 , 4 3 4 6 3 7 , 3 0 8 6 7 , 4 7 8 2 , 7 6 7 , 0 3 5 2 , 2 2 2 , 3 2 9 1 0 , 6 5 6 , 2 4 5 5 . 2 0 8 8 1 2 , 5 3 6 , 7 5 9 85.0% 20 0 8 1 1 , 3 5 9 , 7 5 2 2 , 3 8 5 , 9 4 3 1 8 7 , 5 5 7 1 , 5 0 0 , 6 3 3 6 4 0 , 3 8 7 7 2 , 9 1 3 2 , 6 9 1 , 2 9 8 2 , 3 0 7 , 1 3 2 1 1 , 1 4 8 , 7 5 5 4 . 6 7 7 7 1 3 , 1 1 6 , 1 8 2 85.0% 20 0 9 9 , 9 6 5 , 5 8 9 2 , 3 5 3 , 5 6 3 1 9 2 , 9 4 0 1 , 5 8 6 , 8 8 2 6 4 5 , 4 6 0 8 9 , 6 8 6 1 , 7 2 1 , 7 7 3 2 , 9 5 1 , 3 5 7 1 0 , 1 6 0 , 9 9 0 4 . 7 2 5 4 1 1 , 9 5 4 , 1 0 6 85.0% 20 1 0 8 , 1 6 3 , 8 9 7 2 , 3 4 6 , 4 6 2 1 8 5 , 3 5 3 1 , 1 5 6 , 8 1 1 6 5 7 , 9 3 3 9 5 , 2 5 9 9 0 7 , 0 8 7 2 , 8 7 8 , 1 3 6 8 , 8 2 0 , 4 9 2 5 . 1 5 5 0 1 0 , 3 7 7 , 0 4 9 85.0%Schedule 5 As s e s s e d V a l u e a Ci t y o f C l e a r w a t e r , F l o r i d a As s e s s e d V a l u e a n d E s t i m a t e d A c t u a l V a l u e o f T a x a b l e P r o p e r t y La s t T e n F i s c a l Y e a r s (i n t h o u s a n d s o f d o l l a r s ) 142 20 1 0 8, 1 6 3 , 8 9 7 2, 3 4 6 , 4 6 2 18 5 , 3 5 3 1, 1 5 6 , 8 1 1 65 7 , 9 3 3 95 , 2 5 9 90 7 , 0 8 7 2, 8 7 8 , 1 3 6 8, 8 2 0 , 4 9 2 5. 1 5 5 0 10,377,049 85.0% 20 1 1 7 , 0 6 9 , 2 3 6 2 , 0 4 3 , 8 1 3 1 6 2 , 5 2 9 9 9 9 , 8 8 4 6 3 0 , 0 4 4 1 1 2 , 8 6 4 4 7 2 , 7 9 3 2 , 6 7 9 , 1 6 7 7 , 8 6 6 , 4 1 0 5 . 1 5 5 0 9 , 2 5 4 , 6 0 0 85.0% 20 1 2 6 , 7 3 2 , 5 8 5 2 , 0 0 1 , 9 4 5 1 4 9 , 1 6 6 9 7 3 , 9 1 7 6 0 9 , 7 0 4 9 4 , 7 5 0 3 9 1 , 6 7 0 2 , 5 7 3 , 4 4 8 7 , 5 9 6 , 9 4 9 5 . 1 5 5 0 8 , 9 3 7 , 5 8 7 85.0% a P r o p e r t i e s a r e a s s e s s e d a t a p p r o x i m a t e l y 8 5 % o f m a r k e t v a l u e t o r e f l e c t c o s t o f s a l e s , p e r s o n a l p r o p e r t y i n c l u d e d i n m a r k e t v a lu e , e t c . b F l o r i d a S t a t u t e s , 1 9 3 . 1 5 5 , p r o v i d e s f o r a n a n n u a l c a p o n a s s e s s m e n t i n c r e a s e s f o r " H o m e s t e a d p r o p e r t i e s " ( p r o p e r t i e s q u a l i f y i n g f o r H o m e s t e a d e x e m p t i o n ) . T h e c a p i s t h e l o w e r o f 3 % o f t h e a s s e s s e d v a l u e o f t h e p r o p e r t y o r t h e p e r c e n t a g e c h a n g e i n t h e C o n s u m e r P r i c e I n d e x f o r A l l U r b a n C o n s u m e r s . c R a t e i s p e r $ 1 , 0 0 0 o f a s s e s s e d v a l u e Attachment number 1 \nPage 154 of 184 Item # 2 Fiscal YearOperating GOB Debt Service Total Direct Pinellas County Pinellas County Schools Pinellas Transit District Emergency Medical Services Other Districts Downtown Development Board a 20035.7530 0.00005.75306.14108.44900.63190.66001.65621.0000 20045.7530 0.00005.75306.14108.24300.63190.66001.65621.0000 20055.7530 0.00005.75306.14108.12200.63770.66001.65571.0000 20065.7530 0.00005.75306.14108.39000.63770.66001.65551.0000 20075.2088 0.00005.20885.47008.21000.60740.63001.63781.0000 20084.6777 0.00004.67774.87307.73100.56010.58321.51210.9651 20094.7254 0.00004.72544.87308.06100.56010.58321.55510.9651 20105.1550 0.00005.15504.87308.34600.56010.58321.51060.9651 20115.1550 0.00005.15504.87308.34000.56010.58321.44100.9651 20125.1550 0.00005.15504.87308.38500.73050.85061.2390 b 0.9651 Source: Pinellas County Property Appraiser a A separate taxing district established by referendum which affects only downtown properties. b "Other" includes Pinellas County Planning Council 0.0125; Juvenile Welfare Board 0.8337; SW Florida Water Management District 0.3928. Schedule 6 City Direct RatesOverlapping Rates City of Clearwater, Florida Direct and Overlapping Property Tax Rates Last Ten Fiscal Years (rate per $1,000 of assessed value) 143 Attachment number 1 \nPage 155 of 184 Item # 2 Fiscal Year Taxes Levied for the Fiscal YearAmount Percentage of Levy Collections in Subsequent YearsAmount Percentage of Levy 200335,122,516$ 33,835,841$ 96.34142,664$ 33,978,505$ 96.74 200438,506,35437,015,835 96.13125,919 37,141,754 96.46 200542,967,58541,463,597 96.50120,564 41,584,161 96.78 200649,764,77947,957,449 96.3752,923 48,010,372 96.47 200755,506,24853,668,684 96.69136,082 53,804,766 96.93 200852,150,53450,215,870 96.29186,079 50,401,949 96.65 200948,014,74046,405,161 96.65195,716 46,600,877 97.06 201045,469,63843,912,287 96.57141,898 44,054,185 96.89 201140,551,36339,163,100 96.5827,069 39,190,169 96.64 201239,162,29537,874,151 96.71- 37,874,151 96.71 Note1:Discountsareallowedforearlypayment:4%forNovember,3%forDecember,2%forJanuary,and1%for February. No discount is allowed for payment in March. Penalties are assessed beginning in April. Note2:Priortofiscalyear2012,thePinellasCountyTaxCollectordidnotallocatedelinquenttaxescollectedbythe originaltaxyearlevied.Consequently,allcollectionsofdelinquenttaxeswereappliedtotheimmediatelyprecedingtax year.Beginningwithfiscalyear2012,theTaxCollectorhasallocateddelinquenttaxescollectedbytheoriginaltax year levied. Schedule 7 Collected within the Fiscal Year of the LevyTotal Collections to Date City of Clearwater, Florida Property Tax Levies and Collections Last Ten Fiscal Years 144 Attachment number 1 \nPage 156 of 184 Item # 2 Taxpayer Taxable Assessed ValueRank Percentage of Total City Taxable Assessed Value Taxable Assessed ValueRank Percentage of Total City Taxable Assessed Value REAL PROPERTY Bellweather Prop. LP Ltd.119,775,938$ 11.67%91,974,300$ 11.65% Crystal Beach Capital LLC75,324,551 21.05% Taylor, John S. III43,283,00030.60%27,401,70030.49% Standard Grand Reserve LLC38,350,00040.53% Centro NP Clearwater Mall37,470,91150.52% Sand Key Association Ltd.35,750,00060.50%24,000,00050.43% Sandpearl Resort LLC33,917,23370.47% ZOM Bayside Arbors Ltd.31,958,92580.45%19,268,000 90.35% Weingarten Nostat Inc.25,832,00090.36%24,939,600 40.45% Radsk Assc LTD23,250,000100.32% California State Teachers27,600,00020.49% Clearwater Land Co.23,848,70060.43% St Joe Co 23,549,30070.42% Northwood Plaza 22,309,10080.40% Furnary, Stephen J Tre19,200,000100.34% Total464,912,558$ 6.48%304,090,700$ 5.45% Source: Pinellas County Property Appraiser Schedule 8a City of Clearwater, Florida Principal Real Property Taxpayers Current Year and Nine Years Ago 20122003 145 Attachment number 1 \nPage 157 of 184 Item # 2 Taxpayer Taxable Assessed ValueRank Percentage of Total City Taxable Assessed Value Taxable Assessed ValueRank Percentage of Total City Taxable Assessed Value PERSONAL PROPERTY Progress Energy (1)73,432,624$ 117.33%52,567,280$ 210.03% Verizon Florida LLC (2)49,426,455211.66%69,230,480 113.21% Bright House Networks LLC (3)15,057,48333.55%11,255,200 42.15% Publix Super Market10,319,58542.44% Florida Gas Transmission 8,089,00451.91% Hyatt Regency Clearwater Beach7,196,74261.70% Instrument Transformers7,049,40171.66%5,656,53051.08% Model Screw Products INC6,906,66681.63% Monin Inc5,343,88991.26% Sandpearl Resort LLC5,112,921101.21% GTE Americast 11,812,59032.25% Bausch & Lomb Inc 5,351,33061.02% Burdines INC 4,562,58070.87% TW Entertainment Advance/N4,452,87080.85% Sheraton Sand Key 3,545,35090.68% American Tool & Mold, Inc.3,426,470100.65% Total187,934,770$ 44.35%171,860,680$ 32.79% Notes: (1) Progress Energy was Florida Power in 2003 (2) Verizon Florida, Inc. was GTE in 2003 (3) Bright House Networks was Time Warner Entertainment in 2003 Source: Pinellas County Property Appraiser Schedule 8b City of Clearwater, Florida Principal Personal Property Taxpayers Current Year and Nine Years Ago 20122003 146 Attachment number 1 \nPage 158 of 184 Item # 2 Sp r i n g T r a i n i n g Ge n e r a l P u b l i c S e r v i c e S a l e s T a x F a c i l i t y W a t e r / S e w e r G a s S t o r m w a t e r P u b l i c S e r v i c e T o t a l P e r c e n t a g e Fi s c a l O b l i g a t i o n T a x R e v e n u e R e v e n u e I n t e r g o v e r n m e n t a l L o a n s C a p i t a l R e v e n u e R e v e n u e R e v e n u e T a x R e v e n u e C a p i t a l P r i m a r y o f P e r s o n a l P e r Ye a r Bo n d s Bo n d s Bo n d s Re v e n u e B o n d s Pa y a b l e Le a s e s Bo n d s Bo n d s Bo n d s Bo n d s Le a s e s GovernmentIncome (a)Capita (a) 20 0 3 - $ 1 0 , 9 2 5 $ 4 1 , 3 4 5 $ 1 4 , 6 4 5 $ - $ 1 1 , 6 7 1 $ 1 2 7 , 5 0 5 $ 2 8 , 0 0 0 $ 3 1 , 8 3 5 $ 8 0 $ 2 , 0 7 5 $ 2 6 8 , 0 8 1 $ 7.48%2,436 20 0 4 - 1 0 , 5 9 0 3 6 , 0 7 5 1 4 , 1 8 5 - 1 0 , 6 7 2 1 2 3 , 6 9 0 2 8 , 0 4 0 4 5 , 6 9 5 5 5 2 , 3 5 8 2 7 1 , 3 6 0 7.37%2,460 20 0 5 - 1 0 , 2 4 1 3 0 , 6 1 5 1 3 , 7 2 0 - 9 , 8 9 1 1 1 9 , 4 4 1 2 7 , 7 5 5 4 5 , 7 5 5 2 9 2 , 3 3 0 2 5 9 , 7 7 7 6.73%2,344 20 0 6 - 9 , 8 8 5 2 4 , 9 5 5 1 3 , 2 4 5 - 1 1 , 0 4 7 1 4 1 , 5 2 4 2 6 , 9 3 0 4 4 , 8 3 0 - 1 , 9 0 6 2 7 4 , 3 2 2 6.69%2,480 20 0 7 - 9 , 5 6 5 1 9 , 0 8 0 1 2 , 7 5 5 - 1 0 , 8 4 0 1 3 6 , 9 5 5 2 3 , 0 1 5 4 3 , 8 4 5 - 1 , 3 6 6 2 5 7 , 4 2 1 5.91%2,330 20 0 8 - 1 3 , 0 0 0 1 2 , 9 7 5 1 2 , 2 5 5 - 1 0 , 5 6 0 1 3 2 , 2 9 0 1 8 , 2 4 0 4 2 , 8 3 0 9 , 1 3 5 9 3 2 2 5 2 , 2 1 7 5.46%2,288 20 0 9 - 1 2 , 5 4 5 6 , 6 2 0 1 1 , 7 4 0 - 9 , 2 3 0 1 9 0 , 4 1 5 1 7 , 4 7 0 4 1 , 7 8 0 9 , 1 3 5 6 6 0 2 9 9 , 5 9 5 6.31%2,726 20 1 0 8 5 4 0 11 2 1 0 8 2 7 9 18 5 7 3 0 16 6 9 5 40 7 0 0 63 0 271784574%2524Schedule 9 Bu s i n e s s - T y p e A c t i v i t i e s Go v e r n m e n t a l A c t i v i t i e s Ci t y o f C l e a r w a t e r , F l o r i d a Ra t i o s o f O u t s t a n d i n g D e b t b y T y p e La s t T e n F i s c a l Y e a r s (a m o u n t s i n t h o u s a n d s , e x c e p t p e r c a p i t a ) 147 20 1 0 - 8,54 0 - 11 ,21 0 - 8,27 9 18 5 ,73 0 16 ,69 5 40 ,70 0 - 63 0 271,784 5.74%2,524 20 1 1 - - - 1 0 , 6 6 0 - 8 , 7 2 2 1 7 9 , 2 7 5 1 5 , 9 0 0 3 9 , 5 8 0 - 8 0 8 2 5 4 , 9 4 5 5.75%2,365 20 1 2 - - - 1 0 , 0 9 0 - 9 , 0 5 8 1 7 4 , 0 8 5 1 5 , 1 0 5 3 7 , 4 9 5 - 7 6 5 2 4 6 , 5 9 8 5.45%2,285 No t e : D e t a i l s r e g a r d i n g t h e C i t y ' s o u t s t a n d i n g d e b t c a n b e f o u n d i n t h e n o t e s t o t h e f i n a n c i a l s t a t e m e n t s . (a ) S e e S c h e d u l e 1 4 f o r p e r s o n a l i n c o m e a n d p o p u l a t i o n d a t a . T h e s e r a t i o s a r e c a l c u l a t e d u s i n g p e r s o n a l i n c o m e f r o m t w o f i s c a l y e a rs p r i o r , a s n o t e d o n S c h e d u l e 1 4 . Attachment number 1 \nPage 159 of 184 Item # 2 Percentage of GeneralPublic ServiceSales TaxActual Taxable FiscalObligationTax RevenueRevenueValue ofPer YearBondsBondsBondsTotalProperty (a)Capita (b) 2003-$ 11,005$ 41,345$ 52,350$ 0.73%476$ 2004- 10,645 36,075 46,720 0.59%423 2005- 10,270 30,615 40,885 0.47%369 2006- 9,885 24,955 34,840 0.34%315 2007- 9,565 19,080 28,645 0.23%259 2008- 13,000 12,975 25,975 0.20%236 2009- 12,545 6,620 19,165 0.16%174 2010- 8,540 - 8,540 0.08%79 2011- - - - - - 2012- - - - - - (a) See Schedule 5 for property value data. (b) Population data can be found in Schedule 14. Note: Details regarding the City's outstanding debt can be found in the notes to the financial statements. Schedule 10 General Bonded Debt Outstanding City of Clearwater, Florida Ratios of General Bonded Debt Outstanding Last Ten Fiscal Years (amounts in thousands, except per capita) 148 Attachment number 1 \nPage 160 of 184 Item # 2 Estimated EstimatedShare of DebtPercentageOverlapping Governmental Unit Outstanding Applicable a Debt Debt repaid with property taxes -$ n/a-$ Other debt Pinellas County School District State Bonds b 24,760 13.7%3,393 Pinellas County School District Capital Leases21,608 13.7%2,961 Subtotal, overlapping debt 6,354 City direct debt 19,148 Total direct and overlapping debt 25,502$ Sources: Assessed value data used to estimate applicable percentages provided by Pinellas County Property Appraiser Debt outstanding data is provided by each respective governmental unit. and businesses of Clearwater. This process recognizes that, when considering the City's ability to issue and repay long-term debt, the entire debt burden borne by the residents and businesses should be taken into account. a The percentage of overlapping debt applicable is estimated using taxable assessed property values. Applicable percentages were estimated by determining the portion of another governmental unit's taxable assessed value that is within the City's boundaries and dividing it by each unit's total taxable assessed value. schedule estimates the portion of the outstanding debt of those overlapping governments that is borne by the residents b The School District State Bonds are secured by a pledge of the District's portion of the State-assessed motor vehicle license tax. The State's full faith and credit is also pledged for the bonds. (amounts in thousands) Schedule 11 City of Clearwater, Florida Direct and Overlapping Governmental Activities Debt As of September 30, 2012 Note: Overlapping governments are those that coincide, at least in part, with the geographic boundaries of the city. This 149 Attachment number 1 \nPage 161 of 184 Item # 2 Total Net Debt Applicable Total Net Debtto Limit FiscalDebtApplicableLegalas Percentage YearLimitto LimitDebt Marginof Debt Limit 20031,116,032$ 243,518$ 872,514$ 21.82 20041,236,804 249,370 987,434 20.16 20051,395,730 236,154 1,159,576 16.92 20061,631,179 247,706 1,383,473 15.19 20072,028,832 230,639 1,798,193 11.37 20082,128,847 224,224 1,904,623 10.53 20091,942,045 271,594 1,670,451 13.98 20101,672,462 248,800 1,423,662 14.88 20111,982,900 232,771 1,750,129 11.74 20121,911,916 224,409 1,687,507 11.74 Legal Debt Margin Calculation for Fiscal Year 2012: Assessed valuation of non-exempt real estate9,559,578$ Debt Limit (20% of assessed valuation per City Charter)1,911,916 Debt applicable to limit: Revenue bonds236,775$ Capital leases9,823 Less: Amount set aside for repayment of bonded debt(22,189) 224,409 Legal debt margin 1,687,507$ shall not exceed 20 percent of the current assessed valuation of all real property located in the City. Note: Per City Charter, the City's indebtedness, to include revenue, refunding, and improvement bonds, (amounts in thousands) Schedule 12 City of Clearwater, Florida Legal Debt Margin Information Last Ten Fiscal Years 150 Attachment number 1 \nPage 162 of 184 Item # 2 Less:Net FiscalGrossOperatingAvailable Year Revenues Expenses Revenues Principal Interest Coverage 20038,662$ -$ 8,662$ 5,100$ 1,882$ 1.24 20049,120 - 9,120 5,270 1,674 1.31 20059,978 - 9,978 5,460 1,432 1.45 200610,704 - 10,704 5,660 1,896 (a)1.42 20079,931 - 9,931 5,875 889 1.47 20089,863 - 9,863 6,105 641 1.46 20098,574 - 8,574 6,355 397 1.27 20107,987 7,987 6,620 132 1.18 2011- - - - - - 2012- - - - - - 20031,115$ -$ 1,115$ 165$ 629$ 1.40 20041,086 - 1,086 460 623 1.00 20051,098 - 1,098 465 614 1.02 20061,107 - 1,107 475 603 1.03 20071,112 - 1,112 490 591 1.03 20081,107 - 1,107 500 577 1.03 20091,104 - 1,104 515 561 1.03 20101,105 - 1,105 530 544 1.03 20111,099 - 1,099 550 526 1.02 20121,098 - 1,098 570 507 1.02 Public Service Tax/Improvement Revenue Bonds (c) 200317,381$ -$ 17,381$ 355$ 506$ 20.19 200417,027 - 17,027 360 496 19.89 200517,493 - 17,493 375 485 20.34 200618,118 - 18,118 385 473 21.12 200718,194 - 18,194 320 464 23.21 200818,280 - 18,280 330 450 23.44 200918,987 - 18,987 340 438 24.40 201019,680 - 19,680 355 425 25.23 201119,081 - 19,081 8,540 (d)291 2.16 2012- - - - - - (a) Pledged revenues for the Infrastructure Sales Tax Revenue Bonds include the City's share of revenues derived by Pinellas County, Florida, from the levy and collection of a one-cent discretionary infrastructure sales surtax pursuant to Section 212.055(2), Florida Statutes, as amended. Interest for 2006 includes arbitrage rebate of $742,000. (b) Pledged revenues for the Spring Training Facility Revenue Bonds include payments received from the State of Florida pursuant to Section 212.20, Florida Statutes, and payments from Pinellas County, pursuant to an inter-local agreement dated December 1, 2000, along with related interest earnings. (c) Pledged revenues for the Improvement Revenue Refunding Bonds, issued October 2001, were public service taxes. Effective October 1, 2001, the Florida Legislature repealed the public tax on communications and created a replacement communications services tax. Consequently the pledged revenues effective October 1, 2001, include both public service taxes and the new communications services taxes. (d) Principal payment in 2011 includes an additional principal payment in the amount of $8,170,000 on February 1, 2011 to redeem all outstanding principal as of that date. Debt Service Infrastructure Sales Tax Bonds (a) Spring Training Facility Bonds (b) Schedule 13 City of Clearwater, Florida Pledged-Revenue Coverage Last Ten Fiscal Years (amounts in thousands) Page 1 of 2 151 Attachment number 1 \nPage 163 of 184 Item # 2 Less:Net FiscalGrossOperatingAvailableMaximum Year Revenues Expenses Revenues Principal Interest Coverage Coverage (a) Water & Sewer Utility Revenue Bonds 200340,243$ 29,611$ 10,632$ 5,430$ 3,334$ 1.21 200444,193 31,206 12,987 6,575 2,964 1.36 200546,379 32,243 14,136 7,000 2,892 1.43 200651,197 36,546 14,651 7,020 2,711 1.51 200752,815 37,109 15,706 7,115 3,588 1.47 200854,014 38,325 15,689 7,080 3,817 1.44 200956,952 36,305 20,647 7,195 3,773 1.88 201058,220 37,358 20,862 4,685 9,310 1.49 201161,473 40,304 21,169 4,935 9,627 1.45 201263,743 37,851 25,892 5,190 8,008 1.96 Gas Utility Revenue Bonds 200330,373$ 23,729$ 6,644$ 630$ 1,470$ 3.163.05 200433,229 26,316 6,913 675 1,370 3.383.18 200537,797 30,584 7,213 770 1,228 3.613.35 200643,772 34,154 9,618 825 1,195 4.764.47 200739,756 30,483 9,273 855 1,162 4.604.31 200841,582 33,562 8,020 765 741 5.333.73 200939,992 26,813 13,179 770 730 8.796.13 201040,515 28,517 11,998 775 704 8.115.75 201137,021 25,934 11,087 795 678 7.535.16 201236,916 24,919 11,997 795 649 8.315.58 Stormwater Utility Revenue Bonds 20038,660$ 4,727$ 3,933$ 125$ 1,104$ 3.20 20049,680 5,923 3,757 570 1,445 1.86 200510,523 5,754 4,769 580 1,830 1.98 200611,589 6,020 5,569 925 1,906 1.97 200712,458 6,161 6,297 985 1,874 2.20 200813,270 7,038 6,232 1,015 1,845 2.18 200914,231 7,684 6,547 1,050 1,814 2.29 201015,283 6,766 8,517 1,080 1,782 2.98 201115,656 7,917 7,739 1,120 1,741 2.70 201216,364 8,481 7,883 1,155 1,712 2.75 (a) Maximum debt service coverage is presented for continuing disclosure on the Gas System Debt Service Revenue Bonds and is based upon the maximum annual debt service for outstanding bonds and parity bonds. Schedule 13 (continued) City of Clearwater, Florida Pledged-Revenue Coverage Last Ten Fiscal Years (a) (amounts in thousands) Page 2 of 2 152 Attachment number 1 \nPage 164 of 184 Item # 2 YearPopulation (a) Personal Income (thousands of dollars) Per Capita Personal Income (b) Median Age (c ) School Enrollment (d) Annual Average Unemployment Rate (e) 2003110,0553,586,142$ 32,585$ 43.916,2955.4 2004110,3253,680,552 33,36144.016,3234.7 2005110,8313,858,581 34,81544.215,9643.4 2006110,6024,101,233 37,08144.215,6962.9 2007110,4694,352,147 39,39744.515,5003.8 2008110,2514,621,722 41,92044.515,4825.5 2009109,9074,746,334 43,1854514,97510.1 2010107,6854,736,848 43,98845.314,70412.4 2011107,8054,431,864 41,11046.314,37510.9 2012107,9064,528,167 41,96446.514,2108.7 (a) (b) (c ) (d) (e) Note: DataisforPinellasCountyforprioryear.SourceistheUniversityofFlorida,BureauofEconomicand Business Research. Source of data is the Pinellas County School District. Sourceforfiscalyears2003thru2009istheUniversityofFlorida,BureauofEconomicandBusiness Research,FloridaStatisticalAbstract,AnnualAveragesoftheindicatedfiscalyear.Sourceforfiscal2010 thru 2012 is the US Dept of Labor, Bureau of Labor Statistics, Tampa Metro Area as of September 30. Dataisthelatestpublishedannualdataavailableforanunspecifiedpointineachyear,notspecifically September 30. Schedule 14 City of Clearwater, Florida Demographic and Economic Statistics Last Ten Fiscal Years SourceistheUniversityofFlorida,BureauofEconomicandBusinessResearch:April1,2012estimate for current year and Florida Statistical Abstract for prior years. Dataisfrom percapitapersonalincome forPinellasCountyfortwoyearsprior.SourceistheUniversity of Florida, Bureau of Economic and Business Research. 153 Attachment number 1 \nPage 165 of 184 Item # 2 EmployerEmployeesRank Percentage of Total County Employment EmployeesRank Percentage of Total County Employment Pinellas County School District15,895 13.84% Bay Pines VA Medical Center4,405 21.06% City of St. Petersburg3,157 30.76% All Children's Hospital2,900 40.70% St. Petersburg College2,705 50.65% Raymond James Financial2,600 60.63% Pinellas County Sheriff2,580 70.62% Morton Plant Hospital2,550 80.62% Mease Hospital2,100 90.51% Bayfront Medical Center2,025 100.49% Total Employment b 414,204 a Data is for Pinellas County. City data is not available. c Data for 2003 is not available. b Source: Florida Research and Economic Database and Pinellas County Department of Economic Development. 2012 b 2003 c Schedule 15 City of Clearwater, Florida Principal Employersa Current Year and Nine Years Ago 154 Attachment number 1 \nPage 166 of 184 Item # 2 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Function/Program General government287.0 286.4 287.3 307.5 322.0 327.3 321.6 346.6 326.6 316.5 Public safety Fire200.0 202.0 202.0 215.0 221.0 212.0 212.0 211.0 205.0 201.0 Police397.6 399.9 405.9 407.9 407.9 393.9 389.9 370.9 344.0 342.5 Physical environment36.0 36.0 36.0 38.7 38.7 34.0 33.5 28.5 27.5 17.5 Transportation73.0 73.0 71.0 74.3 74.3 69.0 67.5 57.5 53.5 52.5 Economic environment64.3 67.3 67.1 69.5 66.5 64.5 62.5 11.0 11.0 8.0 Human services4.0 4.0 3.0 3.0 3.0 3.0 2.0 - - - Culture and recreation Library83.4 95.9 95.9 94.9 93.9 88.4 78.3 73.2 73.2 73.6 Parks & Rec217.0 241.9 235.4 239.8 240.8 221.8 203.7 191.1 184.1 184.7 Water & Sewer Utility 170.0 169.0 169.0 175.0 175.0 168.0 169.0 164.0 166.0 167.0 Gas Utility 90.0 90.0 90.0 90.0 90.0 90.0 84.0 77.0 77.0 79.0 Solid Waste Utility 106.0 107.5 109.5 112.0 112.0 112.0 112.0 112.0 112.0 112.2 Stormwater Utility40.0 40.0 46.0 46.0 46.0 46.0 47.0 46.0 47.0 48.0 Recycling23.5 23.5 23.5 22.5 22.5 22.5 22.3 22.3 22.3 22.3 Marine35.9 35.9 36.4 32.6 18.1 18.6 18.8 17.1 16.1 17.1 Clearwater Harbor Marina 5.6 5.6 5.6 Aviation2.4 2.4 1.9 1.9 1.9 1.9 1.7 1.4 1.4 1.4 Parking System14.8 20.8 20.8 20.8 20.7 20.7 20.7 31.6 31.6 30.8 Total1,844.9 1,895.5 1,900.7 1,951.4 1,954.31,893.61,846.51,766.8 1,703.9 1,679.7 Source: City of Clearwater Office of Management and Budget Schedule 16 City of Clearwater, Florida Full-time Equivalent City Government Employees by Function/Program Last Ten Fiscal Years Full-time Equivalent Employees as of September 30 155 Attachment number 1 \nPage 167 of 184 Item # 2 20 0 4 20 0 5 2 0 0 6 2 0 0 7 2 0 0 8 2 0 0 9 2 0 1 0 2 0 1 1 2 0 1 2 Fu n c t i o n / P r o g r a m Ge n e r a l g o v e r n m e n t Pl a n n i n g Co m m e r c i a l b u i l d i n g p e r m i t s i s s u e d 1 , 9 0 5 1 , 8 2 2 1 , 8 5 8 2 , 0 0 9 1 , 6 3 9 1 , 3 4 9 1 , 3 6 5 1 , 4 0 0 1,809 Re s i d e n t i a l b u i l d i n g p e r m i t s i s s u e d 6 , 4 8 2 7 , 4 8 6 6 , 7 5 9 5 , 3 3 0 4 , 7 7 3 4 , 2 7 3 4 , 7 9 4 5 , 1 0 8 4,946 Pu b l i c s a f e t y Po l i c e Av e r a g e o f f i c e r t r a i n i n g h o u r s 1 4 1 a 15 0 a 55 1 0 5 7 8 8 3 5 1 7 5 83 To t a l v o l u n t e e r t r a i n i n g h o u r s 1 , 2 2 9 1 , 0 1 7 9 3 2 1 , 0 2 3 1 , 0 0 1 7 3 5 3 9 3 5 5 385 Fi r e Pe r c e n t a g e o f f i r e r e s p o n s e s u n d e r 7 . 5 m i n u t e s 9 2 % 9 1 % 9 0 % 9 1 % 9 2 % 9 6 % 9 0 % 9 2 % 9 5 % Ph y s i c a l e n v i r o n m e n t Sq u a r e f e e t o f s i d e w a l k s r e p a i r e d / c o n s t r u c t e d 5 3 , 5 2 8 3 7 , 0 3 9 4 8 , 4 5 8 8 8 , 0 2 8 6 4 , 2 0 1 4 7 , 0 7 6 5 3 , 1 5 7 4 5 , 1 6 9 45,416 Tr a n s p o r t a t i o n Mi l e s o f r o a d w a y r e s u r f a c e d 1 3 1 2 1 0 1 4 1 0 1 0 5 8 8 Ec o n o m i c e n v i r o n m e n t Co d e e n f o r c e m e n t c a s e s b r o u g h t t o c o m p l i a n c e 9 , 4 3 9 8 , 7 0 1 9 , 7 6 2 8 , 7 9 4 9 , 3 0 0 8 , 5 5 3 6 , 0 2 9 4 , 3 4 6 4,664 Hu m a n s e r v i c e s Ci t y e m p l o y e e s t h a t m e n t o r i n a r e a s c h o o l s 2 8 3 0 3 8 3 4 2 4 2 0 2 2 1 8 20 Cu l t u r e a n d r e c r e a t i o n Li b r a r y s y s t e m Schedule 17 Ci t y o f C l e a r w a t e r , F l o r i d a Op e r a t i n g I n d i c a t o r s b y F u n c t i o n / P r o g r a m La s t N i n e F i s c a l Y e a r s * Fi s c a l Y e a r E n d e d S e p t 3 0 : 156 Li b r a r y sy s t e m Li b r a r y v i s i t s 8 5 4 , 0 0 4 9 7 5 , 5 4 7 9 0 2 , 1 3 5 9 7 9 , 5 4 4 9 7 6 , 9 8 7 8 6 4 , 3 5 0 8 6 0 , 0 4 4 8 3 3 , 0 3 6 820,000 Ci r c u l a t i o n 1 , 1 6 4 , 4 2 4 1 , 1 9 0 , 5 7 7 1 , 1 9 3 , 6 3 7 1 , 1 2 1 , 4 8 0 1 , 1 8 1 , 1 8 4 1 , 1 6 1 , 0 5 9 1 , 1 4 7 , 4 2 8 1 , 0 8 7 , 9 7 6 1,058,038 Pa r k s a n d r e c r e a t i o n Re c r e a t i o n c e n t e r v i s i t a t i o n s 1 , 0 9 8 , 4 0 7 1 , 1 0 6 , 2 1 6 6 2 3 , 5 0 0 9 6 7 , 8 1 7 1 , 0 5 0 , 7 8 2 8 6 8 , 4 4 5 7 2 4 , 7 6 9 7 5 9 , 8 0 7 738,577 At h l e t i c p r o g r a m v i s i t a t i o n s 2 6 6 , 2 7 6 5 1 1 , 6 2 0 5 1 5 , 1 0 0 4 1 4 , 8 0 5 6 4 3 , 9 9 5 5 4 6 , 4 4 6 5 4 7 , 4 9 2 5 1 5 , 6 6 5 541,433 Wa t e r a n d S e w e r U t i l i t y Wa t e r c u s t o m e r s 4 0 , 2 3 5 4 0 , 1 7 8 4 0 , 4 6 7 4 0 , 4 0 7 4 0 , 1 3 1 3 9 , 9 3 5 3 9 , 9 7 1 4 1 , 3 9 1 41,988 Vo l u m e o f w a t e r p u m p e d ( m i l l i o n g a l l o n s / d a y ) 1 3 . 1 5 1 4 . 1 8 1 4 . 0 9 1 2 . 6 6 1 1 . 9 2 1 1 . 5 2 1 0 . 7 6 1 1 . 3 2 10.92 Se w e r c u s t o m e r s 3 3 , 2 3 4 3 3 , 3 0 5 3 3 , 2 7 9 3 3 , 2 5 5 3 3 , 1 4 6 3 3 , 0 8 4 3 3 , 0 4 1 3 3 , 0 6 3 33,093 Mi l e s o f s e w e r s c l e a n e d 1 6 8 1 6 9 1 6 6 1 6 8 9 1 7 6 2 0 8 2 1 5 230 Ga s U t i l i t y Nu m b e r o f c u s t o m e r s 1 8 , 4 5 4 1 8 , 5 4 8 1 9 , 0 3 5 1 9 , 4 7 0 1 9 , 5 2 7 1 9 , 5 2 7 1 9 , 5 8 1 1 9 , 8 0 7 20,029 So l i d W a s t e U t i l i t y So l i d w a s t e t o n n a g e c o l l e c t e d a n d d i s p o s e d 1 3 0 , 9 1 4 1 2 8 , 0 8 0 1 3 2 , 7 4 1 1 3 0 , 3 0 8 1 2 3 , 0 1 8 1 1 2 , 8 5 1 1 1 0 , 9 0 5 1 1 2 , 9 3 6 114,317 St o r m w a t e r U t i l i t y Nu m b e r o f e q u i v a l e n t r e s i d e n t i a l u n i t s 9 8 , 6 2 1 9 7 , 6 6 9 9 7 , 2 9 7 9 8 , 5 1 3 9 7 , 9 8 6 9 8 , 4 3 6 9 9 , 5 3 6 1 0 0 , 1 2 5 100,461 Re c y c l i n g U t i l i t y Ma r k e t a b l e t o n s r e c y c l e d 1 4 , 4 4 3 1 4 , 3 2 4 1 4 , 4 3 3 1 4 , 4 9 2 1 4 , 0 0 6 1 2 , 1 1 4 9 , 5 6 4 9 , 2 5 0 8,605 * N o t e : O n l y n i n e y e a r s o f d a t a a r e a v a i l a b l e . F i s c a l 2 0 1 2 i s e s t i m a t e d i f n o t a v a i l a b l e . N o o p e r a t i n g i n d i c a t o r s a r e a v a i l a b l e f o r m a r i n e , a v i a t i o n , p a r k i n g , C l e a r w a t e r H a r b o r M a r i n a , a n d H a r b o r v i e w C e n t e r f u n c t i o n s . a Tr a i n i n g h o u r s f o r f i s c a l 2 0 0 4 a n d 2 0 0 5 i n c l u d e d g r a n t - f u n d e d t r a i n i n g f o r H o m e l a n d S e c u r i t y . Attachment number 1 \nPage 168 of 184 Item # 2 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Function/Program Public safety Fire Stations7 8 8 8 8 8 8 8 8 8 Police Stations9 9 10 10 10 9 6 5 6 6 Transportation Paved streets (miles)304 305 305 305 305 305 313 314 315 316 Culture and recreation Library system Volumes in collection (thousands)557 557 570 565 590 601 606 606 601 598 Parks and recreation Parks acreage1,370 1,370 1,374 1,400 1,400 1,400 1,400 1,427 1,427 1,427 Recreational paths (miles)7 7 13 14 16 16 16 16 16 16 Playgrounds31 31 32 33 33 29 29 29 27 27 Baseball and softball fields36 35 35 35 35 32 32 32 32 32 Soccer and football fields17 17 24 25 25 20 20 20 20 20 Recreation centers12 12 7 7 7 7 7 6 5 5 Water & Sewer Utility Water mains (miles)559 567 567 568 571 575 593 592 592 591 Sanitary sewer mains (miles) 363 363 363 365 368 362 362 363 363 363 Daily treatment capacity (millions of gallons)29 29 29 29 29 29 29 29 29 29 Gas Utility Gas mains (miles)686 729 753 786 816 814 821 826 830 843 Stormwater Utility Stormwater mains (miles)147 147 147 148 156 146 148 148 148 150 Marine Boat slips209 209 209 209 209 209 207 207 207 203 Clearwater Harbor Marina Boat slips 126 126 126 Aviation Airpark spaces177 177 177 177 177 177 177 177 177 177 Parking system Parking spaces3,615 3,653 3,686 3,636 3,322 3,382 3,497 3,297 2,475 a 2,460 a The decrease in parking spaces for fiscal 2011 was loss of Sand Key and some management decision to not charge for certain lots. Sources: Various city departments Note: No capital asset indicators are available for the general government, physical environment, economic environment, human services, solid waste, recycling, and Harborview Center functions. Schedule 18 City of Clearwater, Florida Capital Asset Statistics by Function/Program Last Ten Fiscal Years As of September 30 157 Attachment number 1 \nPage 169 of 184 Item # 2 This Page Intentionally Left Blank 158 Attachment number 1 \nPage 170 of 184 Item # 2 Single Audit / Grants Compliance 159 Attachment number 1 \nPage 171 of 184 Item # 2 This Page Intentionally Left Blank 160 Attachment number 1 \nPage 172 of 184 Item # 2 161 Attachment number 1 \nPage 173 of 184 Item # 2 162 Attachment number 1 \nPage 174 of 184 Item # 2 163 Attachment number 1 \nPage 175 of 184 Item # 2 164 Attachment number 1 \nPage 176 of 184 Item # 2 FY 2012 Federal Grantor / Federal Pass-through Grantor / CFDAShare of Program TitleNumberGrant I.D. NumberExpenditures FEDERAL AWARDS U.S. Department of Housing and Urban Development: Community Development Block Grant - Entitlement14.218B-09-MC-12-0002 379,229$ 14.218B-10-MC-12-0002 889,075 ARRA-Neighborhood Stabilization Program 314.218B-11-MN-12-003124,460 ARRA-Community Development Block Grant Recovery (CDBG-R)14.253B-09-MY-12-00027,776 1,300,540 Home Investment Partnerships Program14.239M-07-MC-12-023056,979 14.239M-08-MC-12-0230363,025 14.239M-09-MC-12-0230263,761 14.239M-10-MC-12-023039,714 14.239Program Income457,871 14.2391,181,350 Passed through Florida Suncoast Housing Partners Passed through Pinellas County Neighborhood Stabilization Program 214.25625,836 Total U.S. Department of Housing and Urban Development 2,507,726 U.S. Department of the Interior - Fish and Wildlife Service: Clean Vessel Act - Pumpout Vessel15.616 DEP Agreement MV051 CVA 11-614 74,813 Clean Vessel Act - Pumpout Vessel Operation, Maintenance & Repair15.616 DEP Agreement MV051 CVA 11-615 5,514 Total U.S. Department of the Interior - Fish and Wildlife Service 80,327 U.S. Department of Justice: Federal Forfeiture Sharing16.000FL0520300113,687 Office of Victims of Crimes Services for Trafficking Victims - Human Trafficking Task Force16.3202010-VT-BX-0022103,798 CATFHT Enhancement Project 201116.3202011-VT-BX-K002110,504 16.320214,302 Bureau of Justice Assistance Passed Through City of Tampa, FL Edward Byrne Memorial State & Local Law Enforcement Discretionary Grants Program Republican National Convention16.5802012-NC-BX-30701,835,891 Edward Byrne Memorial Justice Assistance Grant Program - Report Review Team Pilot Program16.7382011-DJ-BX-223974,010 Passed Through FDLE Edward Byrne Memorial Justice Assistance Grant Program - Patrol Camera Program16.7382010-JAGC-PINE-5-C4-15829,988 16.738103,998 City of Clearwater, Florida Schedule of Expenditures of Federal Awards and State Financial Assistance Projects For the Year Ended September 30, 2012 165 Attachment number 1 \nPage 177 of 184 Item # 2 Total U.S. Department of Justice 2,267,878 U.S. Department of Transportation: Federal Highway Administration Passed through Florida DEP - OGT: Recreational trails Program - Lake Chautauqua Trails20.219T102135,970 Recreational Trails Program - Lake Belleview Trail20.219T113415,890 Total U.S. Department of Transportation 51,860 U.S. Environmental Protection Agency: Congressionally mandated Projects - Sanitary Sewer Extension66.202XP-95455010-0167,255 Congressionally mandated Projects - Clarifier Rehab66.202XP-95478811-03,861 66.202171,116 Office of Solid Waste and Emergency Response ARRA-Brownfields Assessment and Cleanup Cooperative Agreements66.8182B-95427409-090,200 Brownfields Assessment and Cleanup Cooperative Agreements66.818BL-98487299-570 66.81890,270 Total U.S. Environmental Protection Agency 261,386 U.S. Department of Energy: ARRA-Energy Efficiency and Conservation Block Grant Program (EECBG)81.128DE-SC0002363134,569 Passed through Florida Office of Energy ARRA-State Energy Programs81.041ARS007 (DE-EE0000241)66,000 Total U.S. Department of Energy 200,569 Corporation For National and Community Services: Passed through FL Commission on Community Services AmeriCorps - 201194.00641,041 AmeriCorps - 201294.006121,870 Total Corporation for National and Community Services 162,911 Total Federal Financial Assistance 5,532,657$ 166 Attachment number 1 \nPage 178 of 184 Item # 2 FY 2012 State Grantor / State Pass-through Grantor / CSFAShare of Program TitleNumberGrant I.D. NumberExpenditures (a) STATE FINANCIAL ASSISTANCE Florida Department of Environmental Protection: Water Protection and Sustainability Program - Skycrest Reclaimed Water37.066Agreement 07CON000033161,724 Total Florida Department of Environmental Protection 37.066 161,724 Florida Department of Community Affairs: Florida Housing Finance Corporation State Housing Initiative Partnership Program (SHIP)52.901 n/a137,113 Total Florida Department of Community Affairs 137,113 Florida Department of Transportation: Aviation Development Grants - Install New Security Fencing and Cameras 55.004FPN:415770-1-94-01, Contract APF54 3,143 Multi Plane Hangers55.004FPN:414342-1-94-01; Contract AQ663487,060 Airpark Runway/Taxiway Extension and Rehabilitation55.004FPN:422554-1-94-01; Contract AQJ2850,641 Total Florida Department of Transportation 540,844 Florida Department of Revenue: Phillies Stadium73.016500,004 Total Florida Department of Revenue 500,004 Total State Financial Assistance 1,339,685$ Total Expenditures of Federal Awards and State Financial Assistance Projects 6,872,342$ City of Clearwater, Florida Schedule of Expenditures of Federal Awards and State Financial Assistance Projects - Continued For the Year Ended September 30, 2012 167 Attachment number 1 \nPage 179 of 184 Item # 2 168 City of Clearwater, Florida Notes to Schedule of Expenditures of Federal Awards and State Financial Assistance Projects For the Year Ended September 30, 2012 NOTE 1 – Basis of Presentation The accompanying Schedule of Expenditures of Federal Awards and State Financial Assistance Projects presents the activity of all federal financial and state grant activity projects of the City of Clearwater, Florida (the “City”). Federal and state financial assistance received directly from federal and state agencies, and federal financial assistance passed through other governmental agencies are included on the schedules. The information in this schedule is presented in accordance with the requirements of OMB Circular A-133, Audits of States, Local Governments and Non-Profit Organizations and Chapter 10.550, Rules of the Auditor General. NOTE 2 – Basis of Accounting The accompanying Schedule of Expenditures of Federal Awards and State Financial Assistance Projects is presented using the modified accrual or accrual basis of accounting, depending on the type of fund in which the grant is recorded, as described in Note 1.C. to the City’s basic financial statements. NOTE 3 – CFDA/CSFA Numbers CFDA numbers represent Catalog of Federal Domestic Assistance and apply only to federal awards. CSFA numbers represent Catalog of State Financial Assistance and apply only to state financial assistance. NOTE 4 – Subrecipients Of the federal and state expenditures presented in the Schedule, the City provided federal and state awards to subrecipients as follows: Federal CFDA/ Amount Provided Program Title State CFSA To Subrecipients U.S. HUD Community Development Block Grant 14.218 $290,863 U.S. HUD Home Investment Partnerships Program 14.239 $516,734 Florida Housing Finance Corporation, State Housing Initiative Partnership Program 52.901 $42,428 NOTE 5 – Loans Outstanding The City had the following loan balances outstanding at September 30, 2011. The current year additions related to the loans are included in the Schedule of Federal Awards and State Financial Assistance. 14.218 Community Development Block Grant $ 2,331,574 14.239 Home Investment Partnership 6,767,943 52.901 State Housing Initiative Partnership 7,035,546 $ 16,135,063 Attachment number 1 \nPage 180 of 184 Item # 2 CITY OF CLEARWATER, FLORIDA Schedule of Findings and Questioned Costs Year Ended September 30, 2012 Section I – Summary of Auditors’ Results Financial Statements Type of auditors’ report issued: Unqualified Internal control over financial reporting: • Material weakness(es) identified? Yes X No • Significant deficiency(ies) identified that are not considered to be material weaknesses? Yes X None reported Noncompliance material to financial statements noted? _____ Yes X No Federal and State Awards Internal control over major programs: • Material weakness(es) identified? _____ Yes X No • Significant deficiency(ies) identified that are not considered to be material weaknesses? _____ Yes X None reported Type of auditors’ report issued on compliance for major programs: Unqualified Any audit findings disclosed that are required to be reported in accordance with Section 510(a) Circular A-133? _____ Yes X No Identification of major programs/projects: Federal Programs CFDA Number U.S. Department of Housing and Urban Development: Community Development Block Grant (CDBG) 14.218 ARRA Community Development Block Grant (CDBG-R) 14.253 U.S. Department of Energy: ARRA Energy Efficiency and Conservation Block Grant Program 81.128 169 Attachment number 1 \nPage 181 of 184 Item # 2 Federal Programs - Continued CFDA Number U.S. Department of Justice: Passed through City of Tampa, FL Edward Byrne Memorial Justice Assistance Grant Program - Republican National Convention 16.580 State Programs CSFA Number Florida Department of Transportation: 55.004 Aviation Development Grants Florida Department of Revenue: 73.016 Phillies Stadium The threshold for distinguishing Type A and Type B programs was $300,000 for federal programs and $300,000 for state projects. Auditee qualified as low-risk auditee? X Yes No Section II – Financial Statement Findings This section identifies the significant deficiencies, material weaknesses, fraud, illegal acts, and instances of noncompliance related to the financial statements that are required to be reported in accordance with Government Auditing Standards. There were no findings required to be reported in accordance with Government Auditing Standards. Section III – Federal and State Award Findings and Questioned Costs This section identifies significant deficiencies, material weaknesses, and material instances of noncompliance, including questioned costs, related to the audit of major federal awards and state financial assistance projects, as required to be reported by OMB Circular A-133 and Chapter 10.550, Rules of the Auditor General. There were no findings required to be reported in accordance with OMB Circular A-133 and Chapter 10.550, Rules of the Auditor General. Section IV – Summary of Prior Audit Findings There were no audit findings reported in the Schedule of Findings and Questioned Costs in the prior year. 170 Attachment number 1 \nPage 182 of 184 Item # 2 171 Attachment number 1 \nPage 183 of 184 Item # 2 172 Attachment number 1 \nPage 184 of 184 Item # 2 w fi Y A Cit of Clearwater Floriday 2012 Financial Statements s t i .r l 1 i k i ; e€: vt w¢r Nc" rr t 1ct o i o r',.,,.,,,,, our ` run de p x I f .. `.i .%. 'ti. 7 L i, -.i '. t..` y `\ ; 1y f r"° ,,` , I 1 Scope of Services Independent Auditor's Report on Financial Statements (unqualified) Audit Opinion at the Fund Level Management's Discussion and Analysis (unaudited) Basic Financial Statements Notes to Financial Statements Required Supplementary Information (unaudited) Regulatory Items I nternal Control Report Compliance Report q. r r<, ' R A ...1 1 ..1-. IVIG111GIyG1 I IGl ll LGIIGI 1 F *}. Condensed Statement of Net Assets (In Thousands) September 30, 2012 and 2011 Assets Current and other assets $ Capital assets Total assets Liabilities Governmental Activities Business-Type Activities 2012 2011 2012 2011 Total 2012 2011 170,955 165,204 229,378 224,467 400,333 389,671 273,939 277,161 387,040 379,223 660,979 656,384 444,894 442,365 616,418 603,690 1,061,312 1,046,055 Current and other liabilities 7,317 7,287 15,612 15,210 22,929 Long-term liabilities 42,024 40,336 230,593 237,462 272,617 Totalliabilities 49,341 47,623 246,205 252,672 295,546 Net Assets Invested in capital assets, net of related debt Restricted net assets Unrestricted net assets Total net assets 254,581 257,542 163,316 159,913 417,897 60,764 57,245 55,204 55,039 115,968 80,208 79,955 151,693 136,066 231,901 395,553 394,742 370,213 351,018 765,766 22,497 277,798 300,295 417,455 112,284 216,021 745, 760 2 0 Condensed Statement of Activities (In Thousands) Years Ended September 30, 2012, 2011 and 2010 Function / Program Activities Governmental activities: General government Public Safety Physical environment Transportation Economic environment Human services Culture and recreation Interest on long-term debt Total governmental activities Business-type activities: Water and sewer Gas Solid waste Stormwater Other Total business-type activities 2012 Totals 2011 Totals 2010 Totals Expenses 14,230 67, 559 3,189 13,432 2,241 186 32,814 709 134,360 Charges for Service 20,401 9,265 77 885 122 5,474 36,224 Operating Capital Grants and Grants and Contributions Contributions 17 - 4,488 - 134 116 218 333 1, 565 - 180 - 1,919 397 8,521 846 2012 2011 2010 Totals Totals Totals 6,188 5,351 5,547 53,806) (54,284) (57,148) 2,862) (3,524) (4,581) 11,996) (10,623) (11,737) 554) (669) (2,173) 6) 29 (97) 25,024) (22,100) (22,985) 709) (1,217) (1,446) 88,769) (87,037) (94,620) 59,406 62,012 - 6,800 9,406 27,662 36,351 - - 8,689 16,632 19,462 - - 2,830 12,857 15,900 - 72 3,115 12,915 12,674 134 597 490 129,472 146,399 134 7,469 24,530 263,832 182,623 8,655 8,315 (64,239) 265,508 181,012 8,196 8,055 (68,245) 268,190 174,432 7,748 12,375 (73,635) 2,556 6,197 8,116 5,473 3,361 2,804 4,288 4,745 470 1, 766 18,791 20,985 r 3 y z : i, ' Condensed Statement of Activities (In Thousands) Years Ended September 30, 2012, 2011 and 2010 General revenues Taxes: Property taxes Sales tax Utility taxes Communication services tax Other taxes Investment earnings Miscellaneous Total general revenues Change in net assets E 2012 37,938 14,092 12,735 5,871 7,105 6,403 101 84,245 1 11: 2011 39,253 13, 385 13,229 5,852 7,451 6,462 125 85, 757 2010 44,040 13,253 13, 574 6,107 7, 773 10,299 128 95,174 17,511 21,539 4et:y iy 0 s i r w w a F" r w , a , :. r ._ . Adjustments and Control Deficiencies Adjusting Journal Entries Audit Adjustment (1) Passed Adjustments (none) Control Deficiencies and Management Letter Comments None reported i." 5 i ii d a Compliance Audit - Federal and State Single Audit Federal Programs o Four (4) Grants Selected for Compliance Testing State Programs o Two (2) Grants Selected for Compliance Testing Results o No Findings nt k k. a h ues ons. b a s a r 7 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Provide information on the development of the City’s Post-Disaster Redevelopment Plan (PDRP). (WSO) SUMMARY: The City began development of a Post-Disaster Redevelopment Plan (PDRP) in early 2011 when such a plan was required for all coastal communities by Rule 9J-5 of the Florida Administrative Code. Creation of the PDRP is also required by Policy E.4.1.9 of the City’s Comprehensive Plan. Due to Florida’s vulnerability to a number of regularly occurring natural disasters, particularly hurricanes, the mandate was viewed as another tool to increase resiliency and decrease vulnerability. In June 2011, the Florida Legislature repealed Rule 9J-5 in its entirety, and the requirement for coastal communities to develop a PDRP was not integrated into the remaining provisions in Florida Statutes, Chapter 163. However, the requirement remains in the Comprehensive Plan and development of such a plan will increase the City’s ability to successfully recover from a disaster. The purpose of the PDRP is to guide City decision making affecting long-term recovery and redevelopment following a disaster. The Plan addresses five goals: (1) housing and structural repairs; (2) infrastructure and public facility recovery; (3) environmental restoration; (4) economic resumption; and (5) land use and development; and includes a concise set of implementable action plans that aid in achieving these goals. It does not address immediate response and emergency operations, which are already covered by the City’s Comprehensive Emergency Management Plan (CEMP). Disaster management is typically viewed as a cycle with the following overlapping phases: (1) pre-disaster planning and emergency management preparedness; (2) emergency response; (3) short-term recovery; and (4) long-term recovery and redevelopment. The PDRP has an implementation role in the pre-disaster phase, but the intent of all the PDRP implementation actions is to improve the community’s ability for long-term recovery and redevelopment. The PDRP is one component in the local framework for achieving successful disaster preparedness, response, recovery and redevelopment—it is one part of a larger suite of guiding documents, including the CEMP, Comprehensive Plan and the countywide Local Mitigation Strategy (LMS). The PDRP is organized into seven chapters: 1.Introduction 2.Local Plans Integration and Capacity Assessment 3.Vulnerability Analysis 4.Issues 5.Plan Goals 6.Public Communication Plan 7.Plan Maintenance and Implementation Staff has completed work through Chapter 4 and anticipates completion of the additional three chapters within the next two months. The PDRP is currently scheduled for approval at the June 19 City Council meeting. Review Approval:1) Office of Management and Budget 2) Legal 3) Clerk 4) Assistant City Manager 5) City Manager 6) Clerk Cover Memo Item # 3 PO S T PO S T - - D I S A S T E R DI S A S T E R RE D E V E L O P M E N T P L A N RE D E V E L O P M E N T P L A N Ci t y C o u n c i l W o r k S e s s i o n Ci t y C o u n c i l W o r k S e s s i o n 4. 1 5 . 2 0 1 3 4. 1 5 . 2 0 1 3 Attachment number 1 \nPage 1 of 10 Item # 3 Wh a t i s a P o s t D i s a s t e r Wh a t i s a P o s t D i s a s t e r Re d e v e l o p m e n t P l a n ( P D R P ) ? Re d e v e l o p m e n t P l a n ( P D R P ) ? A d o c u m e n t t h a t g u i d e s d e c i s i o n A d o c u m e n t t h a t g u i d e s d e c i s i o n ma k i n g o n l o n g ma k i n g o n l o n g - - t e r m r e c o v e r y a n d te r m r e c o v e r y a n d re d e v e l o p m e n t a f t e r a d i s a s t e r re d e v e l o p m e n t a f t e r a d i s a s t e r re d e v e l o p m e n t a f t e r a d i s a s t e r re d e v e l o p m e n t a f t e r a d i s a s t e r In c l u d e s c o n c i s e s e t o f In c l u d e s c o n c i s e s e t o f im p l e m e n t a b l e a c t i o n p l a n s im p l e m e n t a b l e a c t i o n p l a n s Attachment number 1 \nPage 2 of 10 Item # 3 Di s a s t e r C y c l e Di s a s t e r C y c l e Pr e Pr e - - D i s a s t e r Di s a s t e r Ke y Ke y Re s p o n s e Re s p o n s e Sh o r t Sh o r t --Term Term Re c o v e r y Re c o v e r y Lo n g Lo n g - - T e r m R e c o v e r y Te r m R e c o v e r y Em e r g e n c y o r Em e r g e n c y o r Di s a s t e r Di s a s t e r Attachment number 1 \nPage 3 of 10 Item # 3 Lo c a l P l a n s a n d t h e D i s a s t e r Lo c a l P l a n s a n d t h e D i s a s t e r Cy c l e Cy c l e Co m p r e h e n s i v e P l a n Pr e - d i s a s t e r : m i t i g a t i o n Lo n g - t e r m r e d e v e l o p m e n t Lo c a l M i t i g a t i o n S t r a t e g y ( L M S ) Lo c a l M i t i g a t i o n S t r a t e g y ( L M S ) Pr e - d i s a s t e r : m i t i g a t i o n Attachment number 1 \nPage 4 of 10 Item # 3 Lo c a l P l a n s a n d t h e D i s a s t e r Lo c a l P l a n s a n d t h e D i s a s t e r Cy c l e Cy c l e Co m p r e h e n s i v e E m e r g e n c y Ma n a g e m e n t P l a n ( C E M P ) Re s p o n s e Sh o r t -te r m r e c o v e r y Sh o r t -te r m r e c o v e r y Po s t - D i s a s t e r R e d e v e l o p m e n t P l a n (P D R P ) Pr e - d i s a s t e r : m i t i g a t i o n Lo n g - t e r m r e c o v e r y a n d re d e v e l o p m e n t Attachment number 1 \nPage 5 of 10 Item # 3 Pl a n C o n t e n t s Pl a n C o n t e n t s In t r o d u c t i o n In t r o d u c t i o n Lo c a l P l a n s I n t e g r a t i o n & C a p a c i t y Lo c a l P l a n s I n t e g r a t i o n & C a p a c i t y As s e s s m e n t As s e s s m e n t Vu l n e r a b i l i t y A n a l y s i s Vu l n e r a b i l i t y A n a l y s i s Is s u e s Is s u e s Pl a n G o a l s Pl a n G o a l s Pu b l i c C o m m u n i c a t i o n P l a n Pu b l i c C o m m u n i c a t i o n P l a n Pl a n I m p l e m e n t a t i o n & M a i n t e n a n c e Pl a n I m p l e m e n t a t i o n & M a i n t e n a n c e Attachment number 1 \nPage 6 of 10 Item # 3 Pl a n G o a l s Pl a n G o a l s 1.1. Ho u s i n g a n d S t r u c t u r a l R e p a i r s Ho u s i n g a n d S t r u c t u r a l R e p a i r s 2.2. In f r a s t r u c t u r e a n d P u b l i c F a c i l i t y In f r a s t r u c t u r e a n d P u b l i c F a c i l i t y Re c o v e r y Re c o v e r y 3.3. En v i r o n m e n t a l R e s t o r a t i o n En v i r o n m e n t a l R e s t o r a t i o n 4.4. Ec o n o m i c R e s u m p t i o n Ec o n o m i c R e s u m p t i o n 5.5. La n d U s e a n d D e v e l o p m e n t La n d U s e a n d D e v e l o p m e n t Attachment number 1 \nPage 7 of 10 Item # 3 Go a l & S t r a t e g y E x a m p l e Go a l & S t r a t e g y E x a m p l e Go a l 1 : H o u s i n g a n d S t r u c t u r a l R e p a i r s Go a l 1 : H o u s i n g a n d S t r u c t u r a l R e p a i r s Fa c i l i t a t e p e r m i s s i b l e r e c o n s t r u c t i o n i n Fa c i l i t a t e p e r m i s s i b l e r e c o n s t r u c t i o n i n a t i m e l y m a n n e r w h i l e d e c r e a s i n g t h e a t i m e l y m a n n e r w h i l e d e c r e a s i n g t h e a t i m e l y m a n n e r w h i l e d e c r e a s i n g t h e a t i m e l y m a n n e r w h i l e d e c r e a s i n g t h e vu l n e r a b i l i t y o f s t r u c t u r e s t o f u t u r e vu l n e r a b i l i t y o f s t r u c t u r e s t o f u t u r e di s a s t e r s . di s a s t e r s . St r a t e g y 1 : S t r e a m l i n e p e r m i t t i n g . St r a t e g y 1 : S t r e a m l i n e p e r m i t t i n g . Attachment number 1 \nPage 8 of 10 Item # 3 Ne x t S t e p s Ne x t S t e p s Co m p l e t e A c t i o n P l a n s a n d R e m a i n i n g Co m p l e t e A c t i o n P l a n s a n d R e m a i n i n g Ch a p t e r s Ch a p t e r s Re v i e w a n d F i n a l i z e P l a n Re v i e w a n d F i n a l i z e P l a n Re v i e w a n d F i n a l i z e P l a n Re v i e w a n d F i n a l i z e P l a n Ci t y C o u n c i l A p p r o v a l Ci t y C o u n c i l A p p r o v a l Attachment number 1 \nPage 9 of 10 Item # 3 PO S T PO S T - - D I S A S T E R DI S A S T E R RE D E V E L O P M E N T P L A N RE D E V E L O P M E N T P L A N Ci t y C o u n c i l W o r k S e s s i o n Ci t y C o u n c i l W o r k S e s s i o n 4. 1 5 . 2 0 1 3 4. 1 5 . 2 0 1 3 Attachment number 1 \nPage 10 of 10 Item # 3 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Approve request from 1409 Alpine Road, LLC to sell 4 condominium units at $117,000, write-off remainder of HOME loan balance estimated at $401,131.54, and authorize the appropriate officials to execute same. (consent) SUMMARY: On May 19, 2006, the City of Clearwater provided a loan to 1409 Alpine Rd., LLC (Alpine) to purchase and renovate four condominium housing units located at 1409 Alpine Road, Clearwater (units 1, 2, 5 and 6). There are a total of 16 units in the condominium complex. The HOME Program funded a loan in the amount of $440,000 which was provided through 1409 Alpine Rd., LLC to purchase, renovate and resell to 4 eligible low to moderate-income families. A breakdown of the original loan shows that $360,000 was used for acquisition; $14,075.92 was used for settlement costs and $65,924.08 for renovation costs. On September 26, 2006, the City modified the original loan to 1409 Alpine Rd., LLC to approve their request for an additional $40,000 for renovation costs. The City also granted another request from Alpine for an additional $11,216 to pay for taxes and other costs. All total, the City provided Alpine $491,216 to purchase and renovate four condominium units for an average cost of $122,804 per unit. An appraisal of a comparable unit (1409 Alpine Rd. Unit 10) at that time showed a sales approach value of $155,000. The loans were deferred for six months with no payment or interest required. After the six-month deferment period, the loan was due and payable for the full amount. After renovations, the units were offered for sale at $154,000. The sales price was later lowered to $129,900 due to a downturn in the housing market. Due to lack of interest from homebuyers and the HOME Program mandate that requires the units to meet occupancy guidelines, it was determined that the project should be altered from a homebuyer project to a rental project and worked with Alpine to try to stabilize the project. In July 2008, Alpine informed the City that two of the units were going to be rented for $800 each per month through the Clearwater Housing Authority Section 8 Program. The remaining two units were later rented for the same amount. Due to problems with maintaining high occupancy levels, Alpine verbally requested the City’s approval to sell the four condominium units on October 25, 2012. Prior to approval, the City requested an appraisal of the units and complete financials on all activity from the date of loan approval. It was later noted that Alpine had moved forward with listing all 4 units with an asking price of $180,000. The listing price was later lowered to $140,000 and then to $135,000. The highest bid received was $110,000 in which Alpine countered at $120,000 and the buyer agreed. However, due to some repairs, the buyer requested that Alpine pay half of a $6,000 repairs, which results in a net sales price of $117,000. An April 24, 2012 appraisal listed the comparable sales price at $25,000 per unit. The value listed through the income approach was listed at $35,400 per unit. A review of Alpine’s annual financial statements from 2007 through 2012 shows that revenues were approximately $25,000 a year with expenses slightly exceeding revenues in some years. In summary, there were insufficient funds for debt service of the city's loan. From the time of loan origination to present, the City has not received any payments on the loan, initiated foreclosure or modified the loan. The HUD-1 Settlement Statement lists a contract sales price of $117,000. Through the sales proceeds, Alpine is requesting that $89,896.46 be provided to the City, $26,830.75 be provided for settlement costs and reimbursements to the managing member of the LLC: Tampa Bay Community Development Corporation (TBCDC). From a total City investment of $491,216 over six years, the City will net only $89,896.46. The property has a land use restrictive covenant that mandates that the property be sold to a homebuyer whose income is less than 80% of area median income. The restrictive agreement will need to be modified to include tenants whose income is less than 80% of area median income. The affordability period on the restrictive covenant runs to Fiscal Year 2021. Through a memo received on March 26, 2013, Alpine is requesting that the City approve the sale of the 4 units and write-off the remaining balance of the loan estimated at $401,131.54. Per City policy, this write-off amount needs City Council Cover Memo Item # 4 approval. As this loan is in default, the City Council has two options to proceed per City policies and HUD regulations: 1) Approve request to sell the 4 units and write-off the HOME loan balance; or 2) Accept Deed in Lieu of Foreclosure for 1409 Alpine Road Units 1, 2, 5, and 6. Should Council approve the sale and write-off request, it will establish a precedent for writing off loans in which the value of the property is less than the loan value. Given the downturn in the housing market over the last five years, there are other city loans in this position where the owners may either request a write-off of their negative equity or a short sale. While this option creates exposure for the City’s housing programs, it is the most expeditious route to cut the City’s losses on a homeownership turned rental project that was not successful and is not likely to be successful in the future. Should the Council accept the Deed in Lieu of Foreclosure, the City would prepare the necessary documents to transfer ownership, provide settlement costs and reimburse TBCDC for their approved investment in the property. Upon transfer, the City would secure the vacant units and evaluate options for improvements. The City would then declare the property surplus, per City Code, and sell the property to the highest responsible bidder. While this option creates the potential for a higher payout, it creates additional financial burdens and risk given the necessary staff time, upfront funding to prepare the property for sale, and uncertainty in the real estate market. After careful review of the options, Staff recommends allowing the sale and write-off of the HOME loan. Type:Other Current Year Budget?:None Budget Adjustment:None Budget Adjustment Comments: Current Year Cost:Annual Operating Cost: Not to Exceed:Total Cost: For Fiscal Year: to Review Approval:1) Office of Management and Budget 2) Legal 3) Clerk 4) Assistant City Manager ED 5) City Manager 6) Clerk Cover Memo Item # 4 TAMPA BAY CDC MEMORANDUM TO: City of Clearwater FROM: GREGORY E. SCHWARTZ, Tampa Bay Community Development Corporation L. DUKE TIEMAN, Bruce Taylor Realty RE: 1409 Alpine LLC – Sale of 4 Units DATE: MARCH 26, 2013 _____________________________________________________________________________ This memorandum serves as a request for the City of Clearwater to approve the sale of 4 units located at 1409 Alpine Road in Clearwater. In May 2006, the City of Clearwater requested that Tampa Bay Community Development Corporation work with them to purchase, renovate and sell four units located at the above- referenced property. The building (consisting of four units) was purchased in July 2007, using HOME funds, for a purchase price of $360,000.00 (or $90,000 per unit). It should be noted that at the time of purchase, the real estate market was extremely active and real estate was selling for some of its highest prices. It should also be noted that there was a competitive complex located within one-half mile of this project (Fountain Square), which was selling comparable units for $98,000 at that time. The Alpine Association charged a monthly Fee of $251.00 and this was to cover the following expenses: water, trash, landscaping, maintenance of the exterior of buildings and pest control six times per year. Unfortunately, the Association did not have sufficient funds to cover these services, so it ended up that the only services being covered by the monthly fee was water and trash. When the units were listed for sale, Duke Tieman was instructed to list them at $135,000 (even though the real estate market had declined and even though our research showed that Fountain Square units were then selling for $88,000). We were unable to sell any of the units, so it was agreed that they be rented for $850/month (and we worked with the Clearwater Housing Authority to provide assistance through the Section 8 Program). Attachment number 1 \nPage 1 of 3 Item # 4 City of Clearwater Sale of Alpine Property March 26, 2013 Page 2 After the building was purchased, there were several additional expenses incurred by us, including the following: a) REPAIR OF THE ROOF OVER THE ENTRYWAY TO THE BUILDING. The Seller had agreed to repair this, but he did not do it. Because the roof had rotted so badly, it posed a safety hazard, so we had to repair it ourselves, at our own expense. b) WATER AND TRASH COLLECTION FOR ALL BUILDINGS. Shortly after the units were rented out, the City of Clearwater turned off the water in all buildings, due to non-payment by the Association. For two months, we paid for the water and trash collection for all buildings (since they were all tied into one water system). c) NUMEROUS AIR CONDITIONING REPAIRS. These were due to the lawn not being mowed by the Association causing weeds and high grass to get into the A/C units. d) REMEDIATION OF MOLD INSIDE UNITS. We made several attempts to remedy this problem, but it kept returning. We called in a Professional to assist us with the issue and they discovered that the structural status of the building was changing and cracks on the outside of the building were getting larger and longer. These structural issues caused the windows to become loose and moisture was getting into the units. All windows had to be re-sealed. e) PLUMBING ISSUES. Moisture from the upstairs laundry room was getting into the downstairs units and it was discovered that there was leaking plumbing inside the walls that needed to be repaired. f) LEGAL COSTS. As tenants have continued to turn over in this complex, we have had some that have caused problems and had to be evicted. One eviction took 5 months and we had excessive legal fees. While incurring these above-referenced maintenance/legal issues, we also found that we had to reduce the rent (to stay competitive with other complexes in the immediate area). It was reduced from $850.00 to $800.00. After that, we found that we had difficulty renting the upstairs units. Because of its proximity to Kings Highway School, Sandy Lane and Dunedin Middle School, this location was desirable to many of the families being served under the Section 8 Program. However, because many families had small children, they did not want to be on the second floor for safety reasons. It was recommended that the rent on the upstairs units be reduced to $750.00. Because we were working with the Housing Authority/Section 8 Program, we knew that they would not allow rent to be different in the same building, so the rent on all units was reduced to $750.00. Attachment number 1 \nPage 2 of 3 Item # 4 City of Clearwater Sale of Alpine Property March 26, 2013 Page 3 The property was placed on the market again and it was listed for a price of $140,000. There were seven potential Buyers, but in the end, two were very interested in the property. The highest bid we received was $110,000 and we countered at $120,000. The Buyer agreed to that price subject to an inspection. The inspection was done and the Structural Engineer estimated the cost of repairs to be $6,000.00. The Buyer initially requested that we incur that cost, which we refused, and then he agreed to split the cost with us. We respectfully request you approve this transaction, and please consider the following factors when making your decision: a) THIS OFFER IS A CASH OFFER AND READY TO CLOSE IMMEDIATELY. The Seller has already wired the funds for closing to the Title Company (McFarland, Gould, et. al). b) BUYER IS PAYING A PRICE PER UNIT WHICH IS COMPARABLE TO OTHER UNITS IN CLOSE PROXIMITY. At the price of $120,000, the Buyer is paying $30,000 per unit. It should be noted that Fountain Square (which is located within one-half mile) is currently selling their townhouses for $37,000 and their condominium units for $28,000. Their units are 2 bedrooms, 2 bathrooms, and the Alpine units are 2- bedrooms, 1 bathroom. c) BUYER IS ACCEPTING THE HIGH ASSOCIATION FEES EVEN THOUGH IT DOES NOT PROVIDE MANY SERVICES/AMENITIES. As noted earlier, the monthly fees for the Alpine units are $251.00, and this only covers the cost of water and trash collection. The Fountain Square residents pay $290.00 months, and while this is $49 more per month, the fee offers considerably better amenities including a pool, clubhouse, well-maintained landscaping/lawn service and monthly planned activities. d) HIGHER CRIME RATES ON ALPINE ROAD. The Clearwater Police Department has provided us with information on the increase in crime in the area surrounding the complex. In the last 3 months they have received 235 calls from that area. They have responded to 2 drug-related calls, 3 criminal mischief calls, 4 shots fired, 12 vehicle burglaries, 13 stolen vehicles found in that area/complex, 15 breaking and entering theft calls, 57 investigations of suspicious persons, 5 weapons violations, 13 assault and battery calls and 19 burglary calls. If you have any questions or need additional information, please feel free to contact us. Thank you, in advance, for your positive consideration in this matter. Attachment number 1 \nPage 3 of 3 Item # 4 Attachment number 2 \nPage 1 of 19 Item # 4 Attachment number 2 \nPage 2 of 19 Item # 4 Attachment number 2 \nPage 3 of 19 Item # 4 Attachment number 2 \nPage 4 of 19 Item # 4 Attachment number 2 \nPage 5 of 19 Item # 4 Attachment number 2 \nPage 6 of 19 Item # 4 Attachment number 2 \nPage 7 of 19 Item # 4 Attachment number 2 \nPage 8 of 19 Item # 4 Attachment number 2 \nPage 9 of 19 Item # 4 Attachment number 2 \nPage 10 of 19 Item # 4 Attachment number 2 \nPage 11 of 19 Item # 4 Attachment number 2 \nPage 12 of 19 Item # 4 Attachment number 2 \nPage 13 of 19 Item # 4 Attachment number 2 \nPage 14 of 19 Item # 4 Attachment number 2 \nPage 15 of 19 Item # 4 Attachment number 2 \nPage 16 of 19 Item # 4 Attachment number 2 \nPage 17 of 19 Item # 4 Attachment number 2 \nPage 18 of 19 Item # 4 Attachment number 2 \nPage 19 of 19 Item # 4 Attachment number 3 \nPage 1 of 3 Item # 4 Attachment number 3 \nPage 2 of 3 Item # 4 Attachment number 3 \nPage 3 of 3 Item # 4 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Approve renewal of the City’s Statutory Death Benefits Policy with The Hartford Financial Services Group, providing accidental death and disability coverages for all full-time Law Enforcement Officers, Firefighters, and applicable Administrators, for the two-year period retroactive to October 1, 2012 and continuing through September 30, 2014, at a cost of $21,818, pre-paid for the two-year period. (consent) SUMMARY: The City’s policy with The Hartford to provide statutorily required accidental death and disability benefits to sworn Police and Fire personnel expired on September 30, 2012. The City’s Agent of Record, the Gehring Group, obtained a renewal quote from The Hartford for a two-year premium rate of $21,818 on a pre-paid basis, an increase of 6.8% from the prior two-year renewal with Hartford. Two other providers were contacted; AIG declined to submit a quote and Chubb provided a quote that was not competitive. This policy is effective retroactively for the two-year period from October 1, 2012 through September 30, 2014, provides for a discounted rate guaranteed for two years, with no annual renewal application requirement and the ability to cancel the policy at any time with no penalty. Funds are available from a pre-paid account in the City’s Central Insurance Fund. Appropriation Code Amount Appropriation Comment 0590-00000-155130-000-000-0000 $21,818 2 years pre-paid premium Review Approval:1) Office of Management and Budget 2) Legal 3) Clerk 4) Assistant City Manager 5) City Manager 6) Clerk Cover Memo Item # 5 HARTFORD LIFE AND ACCIDENT INSURANCE COMPANY Hartford Plaza Hartford, Connecticut (A stock insurance company) Will pay benefits according to the conditions of this policy. Policyholder Name: City of Clearwater Policyholder Address: P O Box 4748 Clearwater, FL 33758-4748 Policy Number: ETB-105344* Place of Delivery: Clearwater, FL Policy Effective Date: October 1, 2012 Policy Expiration Date: October 1, 2014 TABLE OF CONTENTS Schedule Participating Firms (if any) Contract Provisions Definitions Determination of Individual Coverage Exclusions Hazards Benefits Claims Riders (if any) *This policy replaces the prior policy bearing the above number as of the effective date of this policy. Signed for the Company Terence Shields, Secretary Ronald R. Gendreau, President Form 7679 A2 Attachment number 1 \nPage 1 of 25 Item # 5 SCHEDULE ELIGIBLE PERSONS Class Description 1 All Full-time Law Enforcement Officers of the Policyholder. 2 All Full-time Firefighters of the Policyholder. Form 7679 B6 BENEFIT DESCRIPTION: AD means Accidental Death Benefit Loss Period: 365 days (not applicable to residents of Pennsylvania) ADD means Accidental Death and Dismemberment Benefit Loss Period: 365 days For residents of Pennsylvania, the 365 days loss period is not applicable for loss of life only. ATD means Accident Total Disability Benefit. Maximum Payment Period: 104 weeks REHAB means Rehabilitation Benefit. Loss Period: 365 days SBLT means Seat Belt Benefit. ED means Education Benefit. SPOED means Spouse Education Benefit. DCARE means Day Care Benefit. HAZARDS, BENEFITS, AND AMOUNTS Class Hazard Benefit Amount 1 C-31 VL118 AD $192,455.70 Unlawful & Intentional Death ATD $100 DCARE $5,000 ED $5,000 SBLT 5% of Principal Sum to a Maximum of $25,000. SPOED $5,000 C-62 ADD $65,000 in the Line of Duty DCARE $5,000 ED $5,000 REHAB 5% of Principal Sum to a Maximum of $25,000. SBLT 5% of Principal Sum to a Maximum of $25,000. SPOED $5,000 C-64 AD $65,000 Fresh Pursuit DCARE $5,000 ED $5,000 SBLT 5% of Principal Sum to a Maximum of $25,000. SPOED $5,000 Attachment number 1 \nPage 2 of 25 Item # 5 2 C-31 VL118 AD $192,455.70 Unlawful & Intentional death ATD $100 DCARE $5,000 ED $5,000 SBLT 5% of Principal Sum to a Maximum of $25,000. SPOED $5,000 C-62 ADD $65,000 in the Line of Duty DCARE $5,000 ED $5,000 REHAB 5% of Principal Sum to a Maximum of $25,000. SBLT 5% of Principal Sum to a Maximum of $25,000. SPOED $5,000 C-64 AD $65,000 Fresh Pursuit DCARE $5,000 ED $5,000 SBLT 5% of Principal Sum to a Maximum of $25,000. SPOED $5,000 • The ATD Benefit amount is subject to 80% of salary. Form 7679 B7 Attachment number 1 \nPage 3 of 25 Item # 5 POLICY PREMIUMS: Premium Not Subject To Audit: $21,818 Premium Subject To Audit: $0 Total Premium For Policy Period: $21,818 Total Premium Payable on Effective Date Form 7679 B8 Attachment number 1 \nPage 4 of 25 Item # 5 POLICY MODIFICATIONS: This policy as issued is amended as follows: 1) The definition of injury under this policy is amended to include the following: a) Any occupational condition or impairment of health of a fireman or any law enforcement officer or correctional officer caused by tuberculosis, heart disease, or hypertension resulting in death shall be presumed to be accidental, suffered in the line of duty, and to be a covered injury. To be entitled to this presumption, the definitions and requirements of Section 112.18 must be met. b) Any firefighter, paramedic, emergency medical technician, law enforcement officer, or correctional officer who suffers an occupational condition or impairment of health that is caused by hepatitis, meningococcal meningitis, or tuberculosis, that requires medical treatment, and that results in death shall be presumed to have been accidental and to be a covered injury. To be entitled to this presumption, the definitions and requirements of Sections 112.181 must be met. c) Any covered firefighter, paramedic, emergency medical technician, law enforcement officer, or correctional officer who suffers an occupational condition or impairment of health that is caused by exposure to a toxic substance, adverse results or complications from a smallpox vaccination, or a mental or nervous Injury, that requires medical treatment, and that results in death shall be presumed to have been accidental and to be a covered Injury. To be entitled to this presumption, the definitions and requirements of Section 112.1815 must be met. 2) This policy provides accidental death coverage for police officers and firefighters which is no less restrictive than benefits specified by Florida statutes 112.19, paragraphs 2) a, b, c, f, and j and 112.191, paragraphs 2) a, b, c and i. This policy provides a Day Care Benefit if: a) We pay a death claim for the unlawful and intentional death of the Insured Person; b) the Insured Person had a Dependent Child under age 11 at the time of death; and c) proof of enrollment in a Day Care Program is provided as described below. Payment will be made to the person who has legal physical custody of the dependent child and who has primary responsibility for the dependent child's expenses. Payment will be made in accordance with the Claims provision of the Policy. Proof of enrollment for each child in a Day Care Program may be in the form of, but will not be limited to, the following: a) a copy of the child's approval enrollment application in a Day Care Program; or b) canceled check(s) evidencing payment to a Day Care facility or Day Care provider; or c) a letter from the Day Care facility or Day Care provider stating that the child is attending within 365 days of the date of the Insured's death. Proof of enrollment must be sent to us prior to the last day of the 12th month on or next following the date of the Insured's death. Attachment number 1 \nPage 5 of 25 Item # 5 One Day Care Benefit payment will be made each year, for a maximum of 2 Day Care Benefit payments, for each Dependent Child. The Day Care Benefit is the lesser amount of: a) $5,000.00; or b) the actual cost charged per year by the Day Care Program. Day Care Program means a program of child care which: a) is operated in a private home, school or other facility; and b) provides, and makes a charge for, the care of children; and c) is licensed as a Day Care center or is operated by a licensed Day Care provider, if such licensing is required by the state or jurisdiction in which it is located; or d) if licensing is not required, provides child care on a daily basis for 12 months a year. Child or Children means the Insured's unmarried child, stepchild, legally adopted child, child in the process of adoption or foster child who is less than age 11 and primarily dependent on the Insured for support and maintenance. This policy provides a Spouse Education Benefit to the Spouse if We pay a death claim for the Insured Person's unlawful and intentional death. The Insured Person's Spouse, to qualify for this Education Benefit, must enroll in an Occupational Training program within one year of the date of the Insured Person's death for the purpose of obtaining an independent source of income. The Education Benefit is an amount equal to the lesser of: a) $5,000.00; or b) the Expense Incurred for Occupational Training. The expense must be incurred within 3 years of the date of the Insured Person's death. We will pay the Education Benefit due immediately after we receive proof that the Insured Person's Spouse has enrolled in an Occupational Training program. Occupational Training means any educational, professional, or trade training program which prepares the Insured Person's Spouse for an occupation for which he or she otherwise would not have been qualified. Expense Incurred means: a) the actual tuition charged, exclusive of room and board; and b) the actual cost of the materials needed; or the Occupational Training program. Spouse means the Insured Person's wife or husband who was not legally separated or divorced from the Insured Person when he or she died. Form 7679 B10 (FL)2 Attachment number 1 \nPage 6 of 25 Item # 5 CONTRACT PROVISIONS Entire Contract: The entire contract between the Policyholder and us consists of this policy, and any papers made a part of this policy at issue. Changes: No agent has authority to change or waive any part of this policy. To be valid, any change or waiver must be in writing, approved by one of our officers and made a part of this policy. Time Periods: All periods begin and end at 12:01 A.M., Standard Time at the place where this policy is delivered. Certificates: If required by the laws of the state where this policy is delivered, we will give certificates to: a) the Policyholder; or b) any other person according to a mutual agreement among the other person, the Policyholder and us; for delivery to Insured Persons. The certificates will state the features of this policy which are important to Insured Persons. Data Furnished by Policyholder: The Policyholder: a) with our approval, may keep the records which affect this policy; b) will give us information from those records, when and in the manner we ask. These records will be open for our inspection at any reasonable time. Not in Lieu of Worker's Compensation: This policy does not satisfy any requirement for worker's compensation insurance. Conformity with State Statutes: On the Policy Effective Date, any part of the policy which is in conflict with a statute of the state in which the policy is: a) delivered; or b) issued for delivery; is hereby amended to agree with the statute's minimum requirements. Cancellation: This policy may be cancelled at any time by written notice mailed or delivered by us to the Policyholder or by the Policyholder to us. If we cancel, we will mail or deliver the notice to the Policyholder at its last address shown in our records. If we cancel, it becomes effective on the later of: a) the date stated in the notice; or b) the 31st day after we mail or deliver the notice. If the Policyholder cancels, it becomes effective on the later of: a) the date we receive the notice; or b) the date stated in the notice. In either event: a) we will promptly return any unearned premium paid; or b) the Policyholder will promptly pay any earned premium which has not been paid. Any earned or unearned premium will be determined on a pro rata basis. Cancellation will not affect any claim for loss due to an accident which occurs before the effective date of the cancellation. Form 7679 D1 Attachment number 1 \nPage 7 of 25 Item # 5 CONTRACT PROVISIONS (Continued) Policy Period: This Policy becomes effective on the Policy Effective Date and continues in force to the end of the period for which premium was paid unless cancelled at an earlier date. This Policy terminates on the earlier of: a) the Policy Expiration Date unless continued in force in accordance with the Renewal Provision; or b) the last day of the period for which premium has been paid subject to the Grace Period. The Policy Effective Date and Policy Expiration Date are shown: a) on page 1 for the original Policy Period; and b) in a Renewal Rider for any Renewal Policy Period. Renewal: We will send the Policyholder a notice of policy renewal. The Policy will be renewed if the Policyholder signs and returns the notice prior to the current Expiration Date. If the Policyholder does not receive the notice, the policy may be renewed if we receive a written request from the Policyholder and a deposit renewal premium of $350 on or before the current Expiration Date. Once we have received the deposit renewal premium, we will request information from the Policyholder necessary to calculate the actual renewal premium and either return any excess premium or bill the Policyholder for the remaining unpaid renewal premium. However, in no event will this policy be renewed if: a) we have refused to renew this policy on or before the current Expiration Date; b) this policy has been cancelled on or before the current Expiration Date; and c) the Policyholder does not give us, in advance of the current Expiration Date, the information we request. Premium Due Dates: Each Premium is due in advance of the date the Schedule states that it is payable. If the Schedule shows an amount for Premium Subject To Audit, the earned premium will be calculated for each date on which the Policyholder is required to furnish data for determining Units of Exposure. If the earned Premium: a) is greater than the premium paid, the additional premium is payable on the date we notify the Policyholder of the amount; b) is less than the premium paid, we will promptly return the unearned portion of the premium paid. Grace Period: A Grace Period of 31 days is allowed for payment of each premium due after the initial premium, unless this policy is cancelled on or before the due date. If the Policyholder has returned the notice of renewal prior to the Policy Expiration Date, a Grace Period of 31 days from the Policy Expiration Date is allowed for payment of the renewal premium. This policy will continue in force during the Grace Period. The Policyholder is liable to us for the payment of Premium accruing for the period this policy continues in force. Payment: Premiums are to be paid to us by the Policyholder. However, they may be paid to us by any other person according to a mutual agreement among the other person, the Policyholder and us. Change of Premiums: We have the right to change the rate at which Premiums will be calculated for each Policy Period. Form 7679 D2 (Rev.-1) Attachment number 1 \nPage 8 of 25 Item # 5 DEFINITIONS Each term listed, when used in this policy, has the following meaning: We, us, or our means the insurance company named on page 1. You, Your, or Insured Person means an Eligible Person while he or she is covered under this policy. Injury means, and an Insured Person is covered for, bodily injury resulting directly and independently of all other causes from accident which occurs: a) while he or she is covered under; and b) in the manner specified in; a Hazard applicable to his or her class. Loss resulting from: a) sickness or disease, except a pus-forming infection which occurs through an accidental wound; or b) medical or surgical treatment of a sickness or disease. is not considered as resulting from injury. Business Trip means a bona fide trip: a) while on assignment or at the direction of the Policyholder for the purpose of furthering the business of the Policyholder; b) which begins when a person leaves his or her residence or place of regular employment, whichever last occurs, for the purpose of beginning the trip; c) which ends when he or she returns to his or her residence or place of regular employment, whichever first occurs; and d) excluding travel to and from work, bona fide leaves of absence and vacations. Trip means a trip which: a) begins when a person leaves his or her residence or place of regular employment, whichever last occurs, for the purpose of beginning the trip; and b) ends when he or she returns to his or her residence or place of regular employment, whichever first occurs. Passenger means a person who is not: a) the operator or driver; or b) the pilot, student pilot, or a crewmember; of a conveyance at the time of accident. Common Carrier means a conveyance operated by a concern, other than the Policyholder, organized and licensed for the transportation of passengers for hire and operated by an employee of that concern. Form 7679 E1 Attachment number 1 \nPage 9 of 25 Item # 5 DEFINITIONS Civil Aircraft means a civil or public aircraft which: a) has an Airworthiness Certificate; b) is piloted by a person who has: 1) a current pilot certificate with the appropriate aircraft category rating for that aircraft; and 2) a current medical certificate which is appropriate for the operation of that aircraft; and c) is not operated by the militia, or armed forces of any state, national government or international authority. Scheduled Aircraft means a Civil Aircraft operated by a scheduled airline which: a) is licensed by the FAA for the transportation of passengers for hire; and b) publishes its flight schedules and fares for regular passenger service. Military Transport Aircraft means a transport aircraft operated by: a) the United States Air Mobility Command (AMC); or b) a national military air transport service of any country. Policyholder Aircraft means an aircraft which is owned, leased, or operated by or on behalf of the Policyholder. Airworthiness Certificate means a valid and current “Standard Airworthiness Certificate” issued by the FAA. FAA means: a) the Federal Aviation Administration of the United States; or b) the similar aviation authority for the country of the aircraft’s registry, if the country is recognized by the United States. Extra-Hazardous Aviation Activity means an aircraft while it is being used for one or more of the following activities: Acrobatics or Stunt Flying Aerial Photography or Banner Towing Racing or any Endurance Test Any Test or Experiment Crop Dusting or Seeding Firefighting Spraying Any flight which requires: Exploration a) a special permit; or Pipe or Power Line Inspection b) waiver; Any Form of Hunting from the FAA, even though granted. Bird or Fowl Herding Form 7679 E2 Attachment number 1 \nPage 10 of 25 Item # 5 DETERMINATION OF INDIVIDUAL COVERAGE Effective Date: Each Eligible Person becomes an Insured Person on the later of: a) the Policy Effective Date; or b) the date he or she enters a Class of Eligible Persons. Termination: Coverage of each Insured Person terminates on the earlier of: a) the date this policy terminates; or b) the date he or she does not qualify in any Class of Eligible Person. Termination will not affect any claim for loss due to an accident which occurs before the effective date of the termination. The Policyholder's failure to report that a person ceased to qualify in a Class of Eligible Persons will not continue coverage in that Class beyond the date he or she ceased to qualify. Hazards and Benefits Determined By Class: Each Insured Person is covered under the Hazard and for the Benefits applicable to the Class in which he or she qualifies: a) beginning on the date he or she enters the Class; and b) ending on the date he or she leaves the Class. If an Insured Person qualifies in more than one Class on the date of accident, he or she will be considered to qualify in the one Class with the largest Benefit Amount. Form 7679 F1 Attachment number 1 \nPage 11 of 25 Item # 5 EXCLUSIONS AND AGGREGATE LIMITATION Exclusions: This policy does not cover any loss resulting from: 1) intentionally self-inflicted Injury, suicide or attempted suicide whether sane or insane, (in Missouri, while sane); 2) war or act of war, whether declared or undeclared; 3) Injury sustained while in the armed forces of any country or international authority; Aggregate Limitation: Not Applicable Form 7679 G1 Attachment number 1 \nPage 12 of 25 Item # 5 HAZARD C-31 V.L. 118 Unlawful and Intentional Death While on the Business of the Policyholder Coverage: This Hazard covers death resulting from the unlawful and intentional killing of the Insured Person which occurs anywhere in the world; a) in the performance of actual duties; and b) while on the business of the Policyholder. The term “while on the business of the Policyholder” as used herein means while on assignment by or at the direction of the Policyholder whether on or off the premises of the Policyholder, for the purpose of furthering the business of the Policyholder. Refer to the Policy Modifications, Definitions and Exclusions sections for modifications, limitations and exclusions affecting this coverage. Form 7679 H-31 V.L. 118 Attachment number 1 \nPage 13 of 25 Item # 5 HAZARD C-62 24-Hour Coverage While on the Business of the Policyholder Coverage: This Hazard covers Injury resulting from: a) an accident; and b) an accident while the Insured Person is a passenger (but not as a pilot, operator or member of the crew) on, boarding or alighting from a Civil Aircraft or Military Transport Aircraft; or c) being struck by an aircraft; which occurs anywhere in the world while On the Business of the Policyholder. On the Business of the Policyholder means business while on assignment by or at the direction of the Policyholder whether on or off the premises of the Policyholder for the purpose of furthering the business of the Policyholder. Refer to the Policy Modifications, Definitions and Exclusions sections for modifications, limitations and exclusions affecting this coverage. Form 7679 H-62 HAZARD C-64 Fresh Pursuit Coverage for Police Officers and Firefighters While on the Business of the Policyholder Coverage: This Hazard covers Injury resulting from: a) for law enforcement, correctional, or correctional probation officers results in Accidental Death that occurs: 1) as a result of the officer's response to fresh pursuit; 2) as a result of the officer's response to what is reasonably believed to be an emergency; 3) at the scene of a traffic accident to which the officer has responded; or 4) while the officer is enforcing what is reasonably believed to be a traffic law or ordinance. b) for firefighters, results in Accidental Death as a result of the firefighter's response to what is reasonably believed to be an emergency involving the protection of life or property. Fresh Pursuit means the pursuit of a person who has committed or is reasonably suspected of having committed a felony, misdemeanor, traffic infraction or violation of a county or municipal ordinance. Fresh Pursuit shall not necessarily imply instant pursuit, but pursuit without reasonable delay. Refer to the Policy Modifications, Definitions and Exclusions sections for modifications, limitations and exclusions affecting this coverage. Form 7679 H-64 Attachment number 1 \nPage 14 of 25 Item # 5 ACCIDENTAL DEATH AND DISMEMBERMENT BENEFIT If an Insured Person's injury results in any of the following losses within the Loss Period after the date of accident, we will pay the sum shown opposite the loss. We will not pay more than the Principal Sum for all losses due to the same accident. The amount of the Principal Sum and the Loss Period are determined in the Schedule. For Loss of: Life....................................................................................................The Principal Sum Both Hands or Both Feet or Sight of Both Eyes...............................The Principal Sum One Hand and One Foot..................................................................The Principal Sum Speech and Hearing.........................................................................The Principal Sum Either Hand or Foot and Sight of One Eye.......................................The Principal Sum Movement of Both Upper and Lower Limbs (Quadriplegia).............The Principal Sum Movement of Both Lower Limbs (Paraplegia).........Three Quarters The Principal Sum Movement of Both Upper and Lower Limbs of One Side of the Body (Hemiplegia)........................One Half The Principal Sum Either Hand or Foot...........................................................One Half The Principal Sum Sight of One Eye...............................................................One Half The Principal Sum Speech or Hearing............................................................One Half The Principal Sum Thumb and Index Finger of Either Hand.....................One Quarter The Principal Sum Loss means with regard to: a) hands and feet, actual severance through or above wrist or ankle joints; b) sight, speech or hearing, entire and irrecoverable loss thereof; c) thumb and index finger, actual severance through or above the metacarpophalangeal joints. d) movement of limbs, complete and irreversible paralysis of such limbs. EXPOSURE Exposure to the elements will be presumed to be injury if: a) it results from the forced landing, stranding, sinking or wrecking of a conveyance in which an Insured Person was an occupant at the time of the accident; and b) this policy would have covered injury resulting from the accident. DISAPPEARANCE An Insured Person will be presumed to have suffered loss of life if: a) his or her body has not been found within one year after the disappearance of a conveyance in which he or she was an occupant at the time of its disappearance; b) the disappearance of the conveyance was due to its accidental forced landing, stranding, sinking or wrecking; and c) this policy would have covered injury resulting from the accident. Form 7679 J3 Attachment number 1 \nPage 15 of 25 Item # 5 SEAT BELT BENEFIT Coverage: This Benefit covers Injury resulting from Accident which occurs while the Insured Person is: a) a passenger riding in; or b) the licensed operator of; a duly registered Automobile, and while wearing a Seat Belt at the time of the Accident as verified on the police report of the Accident. Accident, as used in this Benefit, means the unintentional collision of an Automobile during which the Insured Person is wearing a Seat Belt. Automobile means a four-wheeled, private passenger car, station wagon, van or jeep-type vehicle which is not being used as a Common Carrier. Seat Belt means a belt, lap restraint or shoulder restraint installed by the manufacturer of the Automobile. Exclusions: This Benefit does not cover Injury resulting from Accident which: a) occurs while the Insured Person is under the influence of any intoxicant, excitant, hallucinogen, or any narcotic or other drug, or similar substance as verified on the police accident report and is operating the Automobile; or b) is not a payable Loss under the Accidental Death and Dismemberment Benefit or the Accidental Death Benefit. For residents of Minnesota, the above Exclusions are deleted and are replaced by the following: Exclusions: This Benefit does not cover Injury to an Insured Person who is the operator of an Automobile if such Injury results from Accident which: a) was sustained or contracted in consequence of the Insured Person’s being under the influence of any narcotic unless administered by a physician; or b) was the result of the Insured Person’s operating the Automobile while under the influence of alcohol as evidenced by a blood alcohol level in excess of the jurisdiction’s legal intoxication limit; or c) occurs while the Insured Person is voluntarily taking drugs which federal law prohibits dispensing without a prescription, including sedatives, barbiturates, amphetamines, or hallucinogens, unless the drug is taken as prescribed or administered by a licensed physician. The Seat Belt Benefit Amount is shown in the Schedule. Refer to the Policy Modifications, Definitions and Exclusions sections for further modifications, limitations and exclusions affecting this coverage. Form 7679 H-45 Attachment number 1 \nPage 16 of 25 Item # 5 ACCIDENTAL DEATH BENEFIT If an Insured Person’s injury results in loss of life within the Loss Period after the date of the accident, we will pay the Principal Sum. The Principal Sum and the Loss Period are shown in the Schedule. DISAPPEARANCE An Insured Person will be presumed to have suffered loss of life if: a) his or her body has not been found within one year after the disappearance of a conveyance in which he or she was an occupant at the time of its disappearance; b) the disappearance of the conveyance was due to its accidental forced landing, stranding, sinking or wrecking; and c) this policy would have covered injury resulting from the accident. Form 7679 L1 ACCIDENT TOTAL DISABILITY BENEFIT We will pay the Weekly Benefit for each week of an Insured Person's Total Disability. Payment will not exceed the Maximum Payment Period. Total Disability must: a) result from injury; b) begin within 30 days after the accident; and c) require the regular care of a legally qualified physician. For Total Disability of less than one week, one seventh of the Weekly Benefit will be paid per day. The Weekly Benefit and Maximum Payment Period are shown in the Schedule. Total Disability: means the Insured Person's inability to perform the duties of his/her occupation for one year and thereafter unable to perform the substantial duties of any occupation for which he of she is suited by education, training and experience. Termination of this policy will not affect any benefits payable under this benefit for any accident that occurred while the Insured Person was covered under this Policy. Form 7679 M3 Attachment number 1 \nPage 17 of 25 Item # 5 REHABILITATION BENEFIT If an Insured Person's injury results in any loss payable under this policy, other than loss of life, within the Loss Period after the date of accident, we will pay a benefit equal to the lesser of: a) the Expense Incurred for Rehabilitative Training; b) a Percentage of the Insured Person’s Principal Sum; or c) the Maximum Amount; for Rehabilitative Training. The expense must be incurred within 2 years of the date of accident. The Loss Period, the Percentage of Principal Sum and the Maximum Amount are shown in the Schedule. Rehabilitative Training means any training which: a) is required due to the Insured Person’s injury; b) prepares the Insured Person for an occupation in which he or she would not have engaged except for the injury. Expense Incurred means the actual cost: a) of the training; and b) of the materials needed for the training. Form 7679 R1 Attachment number 1 \nPage 18 of 25 Item # 5 EDUCATION BENEFIT If a Principal Sum is payable under the Accidental Death and Dismemberment Benefit because of the Insured Person's death, We will pay an Education Benefit to each Student as follows: A Student is a person for whom we receive proof that he or she: a) is your Dependent on the date of your death; and b) is a full-time post-high school Student in a school for higher learning on the date of the Insured Person's death; or c) became a full-time post-high school Student in a school for higher learning within 365 days after the Insured Person's death and was a Student in the 12th grade on the date of the Insured Person's death. He or she is not considered to be a Student after the first to occur of: a) our payment of the 4th Education Benefit to or on behalf of that person; or b) the end of the 12th consecutive month during which We have not received proof that he or she is a Student. The Education Benefit is an amount equal to the lesser of: a) the Maximum Amount; or b) the amount determined by applying the Percent to the amount of the Insured Person's Principal Sum. We will not pay more than one Educational Benefit to any one Student during any one school year. The Education Benefit is payable to each Dependent Child: a) on the date; and b) for whom; We receive proof that he or she is a Student. If he or she is a minor, We will pay the benefit to the Student's legal representative. If: a) a Principal Sum is payable because of the Insured Person's death; and b) no Dependent Child qualifies as a Student; we will pay the Minimum Amount due in accordance with the claim provision for payment of benefits for loss of life. The Insured Person's amount of the Principal Sum is determined in the Schedule. The Maximum Amount, Percent of Principal Sum, and Minimum Amount are shown in the Schedule. Form 7679 T1 (FL) Attachment number 1 \nPage 19 of 25 Item # 5 CLAIMS Notice of Claim: The person who has the right to claim benefits (the claimant or beneficiary, or his or her representative) must give us written notice of a claim within 30 days after a covered loss begins. If notice cannot be given within that time, it must be given as soon as reasonably possible. The notice should include the Insured Person's name and the policy number. Send it to our office in Hartford, Connecticut, or give it to our agent. Claim Forms: When we receive the notice of claim, we will send forms to the claimant for giving us proof of loss. The forms will be sent within 15 days after we receive the notice of claim. If the forms are not received, the claimant will satisfy the proof of loss requirement if a written notice of the occurrence, character and nature of the loss is sent to us. Proof of Loss: Proof of loss must be sent to us in writing within 90 days after: a) the end of a period of our liability for periodic payment claims; or b) the date of the loss for all other claims. If the claimant is not able to send it within that time, it may be sent as soon as reasonably possible without affecting the claim. The additional time allowed cannot exceed one year from the date proof of loss is due, unless the claimant is legally incapacitated. Time of Claim Payment: We will pay any daily, weekly or monthly benefit due: a) on a monthly basis, after we receive the proof of loss, while the loss and our liability continue; or b) immediately after we receive the proof of loss following the end of our liability. We will pay any other benefit due immediately, but not more than 60 days, after we receive the proof of loss. Payment of Claims: We will pay any benefit due for loss of the Insured Person's life: a) according to the beneficiary designation in effect at the time of his or her death; otherwise; b) to the surviving child or children and spouse in equal shares; otherwise c) to the parents or parent. If there is no survivor in these classes, payment will be made to the Insured Person's estate. All other benefits due and not assigned will be paid to the Insured Person, if living. Otherwise, the benefits will be paid according to the preceding paragraph. Form 7679 Z2 FL Statute Attachment number 1 \nPage 20 of 25 Item # 5 If a benefit due is payable to: a) the Insured Person's estate; or b) the Insured Person or a beneficiary who is either a minor or not competent to give a valid release for the payment; we may pay up to $1,000 ($3,000 for residents of Florida) of the benefit due to some other person. The other person will be someone related to the Insured Person or the beneficiary by blood or marriage who we believe is entitled to the payment. We will be relieved of further responsibility to the extent of any payment made in good faith. Physical Examinations and Autopsy: While a claim is pending we have the right at our expense: a) to have the Insured Person who has a loss examined by a physician when and as often as is reasonably necessary; and b) in case of death to make an autopsy, where it is not forbidden by law. Legal Actions: You cannot take legal action against us: a) before 60 days following the date proof of loss is sent to us; b) after 3 years (6 years for residents of South Carolina) following the date proof of loss is due (for Florida residents, after the expiration of the applicable statute of limitations following the date proof of loss is due). Naming a Beneficiary: The Insured Person may name a beneficiary or change a revocably named beneficiary by giving your written request to the Policyholder. His or her request takes effect on the date you execute it, regardless of whether he or she is living when the Policyholder receives it. We will be relieved of further responsibility to the extent of any payment we made in good faith before the Policyholder received his or her request. Assignment: We will recognize any assignment the Insured Person makes under this policy, provided: a) it is duly executed; and b) a copy is on file with us. We and the Policyholder assume no responsibility for the validity or effect of an assignment. Form 7679 Z3 Attachment number 1 \nPage 21 of 25 Item # 5 SCHEDULE RIDER #1 This rider forms a part of Policy Number ETB-105344 issued to City of Clearwater and all certificates given in connection with the Policy. EFFECTIVE DATE This rider becomes effective on the later of: 1) October 1, 2010; or 2) the effective date of the policy or certificate to which this rider is attached. Family Medical Benefit If a covered individual suffers a catastrophic injury or loss of life in the line of duty that is payable under this policy, and such loss is a result of: 1) an act of violence committed by another person while the insured is engaged in the performance of your duties; 2) an assault under riot conditions; or 3) the insured’s response to fresh pursuit, the insured’s response to what is reasonably believed to be an emergency, or an unlawful act perpetrated by another; this rider provides an annual reimbursement for the Insured Person’s dependents' health insurance premium for the specified duration and up to the specified annual maximum. Notwithstanding the Payment of Claims Provision, payment under this benefit is made to the Policyholder for the benefit of the Insured Person’s dependents. Catastrophic injury means a permanent impairment constituted by: a. Spinal cord injury involving severe paralysis of an arm, a leg, or the trunk; b. Amputation of an arm, a hand, a foot, or a leg involving the effective loss of use of that appendage; c. Severe brain or closed-head injury as evidenced by: 1. Severe sensory or motor disturbances; 2. Severe communication disturbances; 3. Severe complex integrated disturbances of cerebral function; 4. Severe episodic neurological disorders; or 5. Other severe brain and closed-head injury conditions at least as severe in nature as any condition provided in subparagraphs 1.-4.; d. Second-degree or third-degree burns of 25 percent or more of the total body surface or third- degree burns of 5 percent or more to the face and hands; e. Total or industrial blindness; or f. Any other injury that would otherwise qualify under this chapter of a nature and severity that would qualify an employee to receive disability income benefits under Title II or supplemental security income benefits under Title XVI of the federal Social Security Act as the Social Security Act existed on July 1, 1992, without regard to any time limitations provided under that act. Attachment number 1 \nPage 22 of 25 Item # 5 Dependent means: 1. The Insured Person’s spouse or domestic partner who is not legally separated or divorced from the Insured individual on the date of the accident; and 2. The Insured Person’s dependent child until the end of the calendar year in which he or she reaches the age of 25, and a. at the time of the Insured Person’s death, the child was dependent upon him or her for support; and b. the surviving child continues to be dependent for support, or the surviving child is a full-time or part- time student and is dependent for support. We must receive Proof of Loss, in accordance with the provisions of the Policy within 12 months of the Insured Person’s death. The benefit amount will be the lesser of: a. $5,000; or b. the annual actual cost of the dependents’ health insurance premium; each year, for a maximum of 5 years. Proof of payment of health insurance premium must be submitted annually. If, within that 5-year period, the Insured Person’s: 1) spouse dies or remarries; or 2) dependent child is no longer dependent for support, dies or reaches the end of the calendar year in which he or she reaches the age of 25, the benefit will not longer be payable for that person’s portion of the health insurance premium, and the benefit amount shall be re-determined. The re-determined amount will be based on the health insurance premiums of the dependents eligible for this benefit at the time of re-determination. In all other respects, the policy and certificates remain the same. Signed for Hartford Life and Accident Insurance Company. Ricardo A. Anzaldua, Secretary John C. Walters, President Form PA-9408 Attachment number 1 \nPage 23 of 25 Item # 5 Privacy Policy and Practices of The Hartford Financial Services Group, Inc. and its Affiliates (herein called “we, our, and us”) This Privacy Policy applies to our United States Operations We value your trust. We are committed to the responsible: a) management; b) use; and c) protection; of Personal Information. This notice describes how we collect, disclose, and protect Personal Information. We collect Personal Information to: a) service your Transactions with us; and b) support our business functions. We may obtain Personal Information from: a) You; b) your Transactions with us; and c) third parties such as a consumer-reporting agency. Based on the type of product or service You apply for or get from us, Personal Information such as: a) your name; b) your address; c) your income; d) your payment; or e) your credit history; may be gathered from sources such as applications, Transactions, and consumer reports. To serve You and service our business, we may share certain Personal Information. We will share Personal Information, only as allowed by law, with affiliates such as: a) our insurance companies; b) our employee agents; c) our brokerage firms; and d) our administrators. As allowed by law, we may share Personal Financial Information with our affiliates to: a) market our products; or b) market our services; to You without providing You with an option to prevent these disclosures. We may also share Personal Information, only as allowed by law, with unaffiliated third parties including: a) independent agents; b) brokerage firms; c) insurance companies; d) administrators; and e) service providers; who help us serve You and service our business. When allowed by law, we may share certain Personal Financial Information with other unaffiliated third parties who assist us by performing services or functions such as: a) taking surveys; b) marketing our products or services; or c) offering financial products or services under a joint agreement between us and one or more financial institutions. We will not sell or share your Personal Financial Information with anyone for purposes unrelated to our business functions without offering You the opportunity to: a) “opt-out;” or b) “opt-in;” as required by law. We only disclose Personal Health Information with: a) your proper written authorization; or b) as otherwise allowed or required by law. Our employees have access to Personal Information in the course of doing their jobs, such as: a) underwriting policies; b) paying claims; c) developing new products; or d) advising customers of our products and services. We use manual and electronic security procedures to maintain: a) the confidentiality; and b) the integrity of; Personal Information that we have. We use these procedures to guard against unauthorized access. Attachment number 1 \nPage 24 of 25 Item # 5 HPP Revised September 2012 Some techniques we use to protect Personal Information include: a) secured files; b) user authentication; c) encryption; d) firewall technology; and e) the use of detection software. We are responsible for and must: a) identify information to be protected; b) provide an adequate level of protection for that data; c) grant access to protected data only to those people who must use it in the performance of their job-related duties. Employees who violate our Privacy Policy will be subject to discipline, which may include ending their employment with us. At the start of our business relationship, we will give You a copy of our current Privacy Policy. We will also give You a copy of our current Privacy Policy once a year if You maintain a continuing business relationship with us. We will continue to follow our Privacy Policy regarding Personal Information even when a business relationship no longer exists between us. As used in this Privacy Notice: Application means your request for our product or service. Personal Financial Information means financial information such as: a) credit history; b) income; c) financial benefits; or d) policy or claim information. Personal Health Information means health information such as: a) your medical records; or b) information about your illness, disability or injury. Personal Information means information that identifies You personally and is not otherwise available to the public. It includes: a) Personal Financial Information; and b) Personal Health Information. Transaction means your business dealings with us, such as: a) your Application; b) your request for us to pay a claim; and c) your request for us to take an action on your account. You means an individual who has given us Personal Information in conjunction with: a) asking about; b) applying for; or c) obtaining; a financial product or service from us if the product or service is used mainly for personal, family, or household purposes. This Privacy Policy is being provided on behalf of the following affiliates of The Hartford Financial Services Group, Inc.: American Maturity Life Insurance Company; First State Insurance Company; Hartford Accident and Indemnity Company; Hartford Administrative Services Company; Hartford Casualty Insurance Company; Hartford Equity Sales Company, Inc.; Hartford Fire Insurance Company; Hartford Fire General Agency, Inc.; Hartford HLS Series Fund II, Inc.; Hartford Insurance Company of Illinois; Hartford Insurance Company of the Midwest; Hartford Insurance Company of the Southeast; Hartford International Life Reassurance Corporation; Hartford Investment Advisory Company, LLC; Hartford Investment Financial Services, LLC; Hartford Investment Management Company; Hartford Life and Accident Insurance Company; Hartford Life and Annuity Insurance Company; Hartford Life Insurance Company; Hartford Lloyd’s Insurance Company; Hartford Mezzanine Investors I, LLC; Hartford Retirement Services, LLC ; Hartford Securities Distribution Company, Inc.; Hartford Series Fund, Inc; Hartford Specialty Insurance Services of Texas, LLC; Hartford Underwriters Insurance Company; Hartford-Comprehensive Employee Benefit Service Company; HL Investment Advisors, LLC; M-CAP Insurance Agency, LLC; New England Insurance Company; New England Reinsurance Corporation; Nutmeg Insurance Agency, Inc.; Nutmeg Insurance Company; Pacific Insurance Company, Limited; Hartford Life Distributors, LLC; Property and Casualty Insurance Company of Hartford; Sentinel Insurance Company, Ltd.; The Hartford Alternative Strategies Fund ; The Hartford Mutual Funds II, Inc.; The Hartford Mutual Funds, Inc.; Trumbull Insurance Company.; Twin City Fire Insurance Company. Questions about this Privacy Policy may be directed to the following address: The Hartford, GB Compliance Department, 200 Hopmeadow St., Simsbury, CT 06089 Attachment number 1 \nPage 25 of 25 Item # 5 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Authorize the execution of Supplemental Joint Participation Agreement (JPA) Number 1 between the City of Clearwater and the State of Florida Department of Transportation (FDOT); approve transferring $6,215.16 from Airpark Retained Earnings to cover the City 20% match for Airpark improvements, and adopt Resolution 13-07. SUMMARY: On April 2, 2009, the City Council approved a contract with FDOT to provide $166,799.00 in funding at 100% to install new security fencing, cameras, digital recorders, card readers, and signage at the Clearwater Airpark. There is $24,860.66 left in the agreement and FDOT has agreed to allow the funds to be used for remaining Airpark improvements, if the City provides $6,215.16 as a 20% match. This will bring the agreement total up to $173,014.16. FDOT will provide $24,860.66 (80%) reimbursable funding and the City will pay $6,215.16 (20%) of project costs from Airpark retained earnings. Upon execution of the JPA, a mid-year amendment will transfer $6,215.16 of Airpark Fund reserves to capital project 315-94858, Airpark Security Improvements to fund the City’s share. Type:Capital expenditure Current Year Budget?:Yes Budget Adjustment:Yes Budget Adjustment Comments: Mid-year amendment to transfer $6,215.16 of Airpark Fund reserves to capital project 315-94858, Airpark Security Improvements. Current Year Cost:$6,215.16 Annual Operating Cost: Not to Exceed:$6,215.16 Total Cost:$6,215.16 For Fiscal Year:2012 to 2013 Appropriation Code Amount Appropriation Comment 315-94858 $6,215.16 Review Approval:1) Office of Management and Budget 2) Legal 3) Clerk 4) Assistant City Manager ED 5) City Manager 6) Clerk Cover Memo Item # 6 Attachment number 1 \nPage 1 of 6 Item # 6 Attachment number 1 \nPage 2 of 6 Item # 6 Attachment number 1 \nPage 3 of 6 Item # 6 Attachment number 1 \nPage 4 of 6 Item # 6 Attachment number 1 \nPage 5 of 6 Item # 6 Attachment number 1 \nPage 6 of 6 Item # 6 Resolution No. 13-07 RESOLUTION NO. 13-07 A RESOLUTION OF THE CITY OF CLEARWATER, FLORIDA AUTHORIZING THE EXECUTION OF SUPPLEMENTAL JOINT PARTICIPATION AGREEMENT (JPA) NUMBER 1 BETWEEN THE CITY OF CLEARWATER AND THE STATE OF FLORIDA, DEPARTMENT OF TRANSPORTATION, AMENDING CONTRACT APF54 TO USE REMAINING $24,860.66 FUNDS AS FDOT’S 80% CONTRIBUTION, AND INCREASE THE CITY’S 20% CONTRIBUTION AN ADDITIONAL $6,215.16 FOR IMPROVEMENTS AT THE CLEARWATER AIRPARK NOT ORIGINALLY CONTEMPLATED IN CONTRACT APF54; PROVIDING AN EFFECTIVE DATE. WHEREAS, on April 2, 2009, the City of Clearwater (City) authorized the execution of a Joint Participation Agreement (JPA) APF54 between the City and Florida’s Department of Transportation (FDOT) for a project to install new security fencing, cameras, digital recorders, card readers, and signage at the Clearwater Airpark; and WHEREAS, the (FDOT) has agreed to amend JPA APF54, a copy of which is attached hereto as Exhibit “A,” via Supplemental Joint Participation Agreement Number 1 to use the remaining $24,860.66 funds in the agreement for Airpark improvements not originally in JPA APF54 as part of FDOT’s 80% contribution to Clearwater Airpark improvements and increase the City’s 20% contribution to the project an additional $6,215.16; and WHEREAS, adoption of Resolution 13-07 would authorize the appropriate officials to execute Supplemental Joint Participation Agreement Number 1, which is attached hereto as Exhibit “B;” now, therefore, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CLEARWATER, FLORIDA: Section 1. The City Council hereby accepts and approves the Supplemental Joint Participation Agreement Number 1 between the City and the State of Florida Department of Transportation, Financial Project No.: 415770-1-94-01, Contract No.: APF54 at the Clearwater Airpark. Section 2. The City Clerk shall record this resolution in the public records of Pinellas County, Florida, following adoption. Section 3. This resolution shall take effect immediately upon adoption. Attachment number 2 \nPage 1 of 2 Item # 6 Resolution No. 13-07 [A04-01371 /122271/1] 2 PASSED AND ADOPTED this _______ day of _____________, 2013. ____________________________ George N. Cretekos Mayor Approved as to form: Attest: __________________________ _____________________________ Camilo A. Soto Rosemarie Call Assistant City Attorney City Clerk Attachment number 2 \nPage 2 of 2 Item # 6 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Accept a Modification of Deed granted by U.S. Home Corporation, former owners of real property currently owned by the City for use as the Countryside Recreation Center. (consent) SUMMARY: The subject property was donated to the City by U.S Home Corporation in 1978. The deed used to convey the property has restrictions requiring the property to be maintained and used only for the purpose of a public park and recreation area. In addition to these allowable uses, the Modification of Deed will allow the property to be used for the construction and use of a public library. Acceptance of this Modification of Deed by U.S. Home Corporation does not require the City to construct a public library but allows for the construction and operation of a public library. Staff recommends acceptance of the Modification of Deed. Review Approval:1) Office of Management and Budget 2) Legal 3) Clerk 4) Assistant City Manager 5) City Manager 6) Clerk Cover Memo Item # 7 Attachment number 1 \nPage 1 of 2 Item # 7 Attachment number 1 \nPage 2 of 2 Item # 7 Attachment number 2 \nPage 1 of 2 Item # 7 Attachment number 2 \nPage 2 of 2 Item # 7 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Award a contract (purchase order) to Landscape Structures Inc. of Delano, MN for the construction and installation of a one of a kind Sand Castle Playground and Welcome sign at Pier 60 Park for $438,881 and approve the transfer of $100,000 from unappropriated retained earnings to CIP 315-93624 Pier 60 Park Repair and Improvement at mid-year, to construct a military flag plaza to be located in Pier 60 Park. (consent) SUMMARY: In Fiscal Year 2010/11, the City Council approved a new Capital Improvement Project for $510,000 to fund repairs and improvements to Pier 60 Park. The scope of the project included the repair of existing seating wall, site furniture, ground renovation, walkways, irrigation repairs, special event layout improvements in order to make the park consistent with the major improvement made in the Beach Walk project as well as the addition of a new concept in play structures that will become a focal spot on the beach. The purchase of the sandcastle playground and entry sign will become that focal point for all persons visiting Clearwater Beach and become a prime photo opportunity for all visitors to the beach and Pier 60 Park. In time staff believes it will be a prime quality tourist attraction and a destination place for visitors and residents. The playground is unique in that the main structures are constructed from concrete and is designed to withstand the harsh beach weather with little to no maintenance. It is colorful and full of unique play areas that allow children to explore the wonders of a life-size sand castle, including a main central tower and a portion of the sand castle being washed away with the tide. Staff is recommending the purchase from Landscape Structures Inc. as a sole source item as all playground manufactures design and make equipment that while similar is unique to their product line and not competitive. The City has traditionally purchased equipment from various vendors in order to take advantage of special pricing and quality designs. If approved, it will take approximately 4 months for construction and delivery with installation scheduled for September of this year. Additional funding is being requested in this project to construct a military flag plaza in Pier 60 Park at the end of State Road 60 and the roundabout to honor all of the branches of the military. While the plaza has not been fully designed, it will incorporate the same type of coquina style material used for the doughboy statues at the beginning of the Memorial Causeway Bridge. If approved, funds will be transferred at mid-year from unappropriated retained earnings. Type:Capital expenditure Current Year Budget?:Yes Budget Adjustment:Yes Budget Adjustment Comments: Requesting $100,000 for Military Flag Plaza at Pier 60 Park. Current Year Cost:$538,881 Annual Operating Cost:-0- Not to Exceed:$538,881 Total Cost:$538,881 For Fiscal Year:2012 to 2013 Appropriation Code Amount Appropriation Comment 315-93624 $438,881 Cost of Playground Cover Memo Item # 8 315-93624 $100,000 Flag Plaza Bid Required?:No Bid Number: Other Bid / Contract:Bid Exceptions:Sole Source Review Approval: 1) Financial Services 2) Office of Management and Budget 3) Legal 4) Clerk 5) Assistant City Manager 6) Parks and Recreation 7) Financial Services 8) Office of Management and Budget 9) Legal 10) Clerk 11) Assistant City Manager 12) City Manager 13) Clerk Cover Memo Item # 8 Attachment number 1 \nPage 1 of 4 Item # 8 Attachment number 1 \nPage 2 of 4 Item # 8 Attachment number 1 \nPage 3 of 4 Item # 8 Attachment number 1 \nPage 4 of 4 Item # 8 Attachment number 2 \nPage 1 of 1 Item # 8 Attachment number 3 \nPage 1 of 1 Item # 8                     & It e m # 8 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Approve co-sponsorship and waiver of requested City fees and service charges for Fiscal Year 2013/14 special events, including five annual City events and twelve City co-sponsored events, at an estimated General Fund cost of $381,860 ($24,300 cash contributions and $357,560 in-kind contributions) and Enterprise Fund cost and fee waiver of $86,010, for the purposes of Fiscal Year 2013/14 departmental budget submittals. (consent) SUMMARY: According to City Council Policy 4M, Special Event Fees, there shall be an annual review of City sponsored/co-sponsored events during the budget process. An agenda item approving co-sponsorship and level of support for these events will be brought before the City Council at the beginning of the budget process each fiscal year. In the event additional money is requested beyond what is included in the approved budget, City Council approval will be needed. Staff recommended level of cash and in-kind contributions to be included in the various departmental budgets for Fiscal Year 2013/14 for City sponsored and co-sponsored special events, which includes 34 additional special events requiring some type of in-kind support from the Parks and Recreation Special Events Division during Fiscal Year 2013/14. It should be noted, that this represents an increase of $18,520 in General Fund support from Fiscal Year 2012/13 and a total decrease in Enterprise fund support of $17,780. The increase in General Fund is due primarily to: · Overall 3% increase in salaries · Fire service increasing staffing levels to meet National Best Practice Standards · Police support of Tri Rock increase based upon operating the event for one year The decrease in enterprise funds is for adjustments made for the Tri Rock event with reductions in lost parking revenue and a reduction of sanitation costs for Tri Rock event. The overall Tri Rock level of support remains the same. Cash Requests of $24,300 is the same as Fiscal Year 2012: Clearwater Veterans Alliance ($5,000), Clearwater Jazz Holiday ($14,550), and the Martin Luther King, Jr. Day March and Rally ($4,750). For Council's consideration, the following four events are requesting City support and co-sponsorship for Fiscal Year 2013/14. Council direction is requested for which events to be included in the departmental submittals. 1. Light It Up Clearwater - The Clearwater Beach Chamber has requested $10,000 in cash support for fireworks to support events on Clearwater Beach. (Increase $10,000 cash, 500 in attendance) 2. Christmas Boat Parade - This event has been held in Clearwater for many years and continues to grow. In order to accommodate more people viewing the event from Coachman Park, staff is requesting $825 in additional in kind support for portalets, security, police and marketing. (Increase $825 operating budgets, 3,000 in attendance) 3. Clearwater Beach Restaurant Week – The Clearwater Beach Chamber of Commerce is requesting $2550 in total in kind services including police security, parking services, dumpsters, barricades and barricade trailer, in-kind marketing support and tent inspection. Funds raised to benefit local non-profits like Clearwater Marine Aquarium. (Increase $2,550 operating budgets, 3,000 in attendance) 4. Run/Walk for Willa - This event is a fundraising event for the Willa Carson Health and Wellness Center. Last year's event had less than 50 participants. In-kind service of $3,100 representing police security, sound tech and equipment, chairs, tables, staging and in-kind marketing support is being requested ($3,100 operating budgets, 350 anticipated attendance). Cover Memo Item # 9 Type:Operating Expenditure Current Year Budget?:No Budget Adjustment:No Budget Adjustment Comments: Current Year Cost:$467,870 Annual Operating Cost:-0- Not to Exceed:$467,870 Total Cost:$467,870 For Fiscal Year:2013 to 2014 Appropriation Code Amount Appropriation Comment Various $381,860 Various General Fund Costs Various $86,010 Various Enterprise Fund Costs Bid Required?:No Bid Number: Other Bid / Contract:Bid Exceptions:None Review Approval:1) Office of Management and Budget 2) Legal 3) Clerk 4) Assistant City Manager 5) City Manager 6) Clerk Cover Memo Item # 9 Attachment number 1 \nPage 1 of 1 Item # 9 Attachment number 2 \nPage 1 of 1 Item # 9 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Award a Contract (Purchase Order) for $253,497.00 to RingPower of Riverview, FL for one Caterpillar M322 Hydraulic Excavator, Wheeled Type, in accordance with Sec. 2.564(1)(d), Code of Ordinances - Other Governmental bid; authorize lease purchase under the City's Master Lease Purchase Agreement and authorize the appropriate officials to execute same. (consent) SUMMARY: The Excavator will be purchased through the Florida Sheriff's Association Contract 12-10-0905, Specification 20 and quote dated March 18, 2013. The Excavator will replace G2615 (2002 Gradall Excavator with 2286 hours and 1306 hours). The Excavator is included in the Fiscal Year 2012/2013 Garage CIP Replacement Fund. The Excavator is assigned to Stormwater in Engineering. Type:Purchase Current Year Budget?:Yes Budget Adjustment:None Budget Adjustment Comments: Current Year Cost:$52,727.38 Annual Operating Cost:$5,857.59 Not to Exceed:Total Cost:$58,806.38 For Fiscal Year:2013 to 2014 Appropriation Code Amount Appropriation Comment 0316-94241-564100-519- 0000 $253,497.00L/P CIP Bid Required?:Yes Bid Number: Other Bid / Contract: Florida Sheriff's Association Contract #12- 10-0905 Bid Exceptions:None Review Approval: 1) Financial Services 2) Office of Management and Budget 3) Legal 4) Clerk 5) Assistant City Manager 6) City Manager 7) Clerk Cover Memo Item # 10 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Award a Contract (Purchase Order) for $303,520.10 to Rush Truck Center of Tampa, FL for one Peterbilt Model 320 chassis with E-Z Pack CFL 35 Cubic Yard Body, in accordance with Sec. 2.564(1)(d), Code of Ordinances - Other governmental bid; authorize lease purchase under the City's Master Lease Purchase Agreement and authorize the appropriate officials to execute same. (consent) SUMMARY: The Front Loader will be purchased through the Florida Sheriff's Association Contract 12-10-0905, Specification 12 and quote dated February 15, 2013. This truck will replace G2773 (2002 Peterbilt front loader with 68,339 miles). The front loader is included in the Fiscal Year 2012/2013 Garage Replacement Fund. The front loader is assigned to Solid Waste. The front loader will be CNG powered and the cost to upgrade is $34,545.00. The payback term is 6.9 years. Type:Purchase Current Year Budget?:Yes Budget Adjustment:None Budget Adjustment Comments: Current Year Cost:$63,132.18 Annual Operating Cost:$28,998.99 Not to Exceed:Total Cost:$92,131.17 For Fiscal Year:2013 to 2014 Appropriation Code Amount Appropriation Comment 0316-94241-564100-519- 0000 $303,520.10L/P CIP Bid Required?:Yes Bid Number: Other Bid / Contract: Florida Sheriff's Association Contract #12- 10-0905 Bid Exceptions:None Review Approval: 1) Financial Services 2) Office of Management and Budget 3) Legal 4) Clerk 5) Assistant City Manager 6) City Manager 7) Clerk Cover Memo Item # 11 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Approve Change Order 2 to Layne Inliner, LLC in the amount of $420,000.00 for sanitary sewer line cleaning and inspection at various locations throughout the City of Clearwater for a new contract total of $1,620,000.00; and authorize the appropriate officials to execute same. (consent) SUMMARY: The City has initiated a comprehensive maintenance program to clean, inspect, rehabilitate and repair existing sanitary sewer pipelines and manholes throughout the City of Clearwater. A key element of the maintenance program is preventative cleaning and inspecting with closed circuit television to identify deficiencies in the underground infrastructure. This type of work is performed by a combination of both City and contract crews in order to meet program goals. The program objective is to maintain the integrity of the sanitary sewer system and minimize disruptions in service to our citizens. April 15, 2010, the Clearwater City Council awarded a contract to Reynolds Inliner, LLC for the Sanitary Sewer and Televising Inspection per Bid 09-0047-UT in the amount of $800,000 with two one-year extensions, when agreed by both parties. August 16, 2012, City Council approved Change Order 1 to Reynolds Inliner, LLC, who has changed their name to Layne Inliner, LLC, in the amount of $400,000 to provide continued services to the City with the same terms and conditions of the contract. The goal of this agenda item is to extend the contract one more year and add $420,000 to the current contract for the same pricing, terms and conditions. The City Utilities staff will coordinate with in-house crew progress and direct the contractor, on an ongoing basis, to those areas as prescribed in the preventative maintenance schedule to meet program goals. Sufficient revenue is available in Utility Renewal and Replacement project 0327-96665, Sanitary Sewer R and R to fund this change order. Type:Capital expenditure Current Year Budget?:Yes Budget Adjustment:No Budget Adjustment Comments: See Summary Current Year Cost:$420,000 Annual Operating Cost: Not to Exceed:$420,000 Total Cost:$420,000 For Fiscal Year:2012 to 2013 Appropriation Code Amount Appropriation Comment 0327-96665-563800-535-000- 0000 $420,000 See Summary Bid Required?:No Bid Number:09-0047- UT Other Bid / Contract:Bid Exceptions:None Review Approval: 1) Engineering 2) Financial Services 3) Office of Management and Budget 4) Legal 5) Clerk 6) Assistant City Manager 7) City Manager 8) Clerk Cover Memo Item # 12 CHANGE ORDER 2 DATE: 3/20/2013 CONTRACTOR: Layne Liner, LLC 14413 62nd Street North Clearwater, FL SCOPE OF CHANGE: THIS CHANGE ORDER ACCEPTS REVISIONS TO THE CONTRACT STATEMENT OF CONTRACT AMOUNT ACCEPTED BY: Layne Inliner, LLC ORIGINAL CONTRACT AMOUNT $800,000.00 CO 1 - City Council - 8/16/2012 $400,000.00 $420,000.00 By: (SEAL) NEW CONTRACT AMOUNT 1,620,000.00$ Mark Harris, Vice President APPROVED AS TO FORM: Date: Witnesses: Camilo Soto, Assistant City Attorney George N Cretekos, Mayor ATTEST: Recommended By: Rosemarie Call, City Clerk City of Clearwater Date: CITY OF CLEARWATER, in Lan-Anh Nguyen, PE, Project Manager PINELLAS COUNTY, FLORIDA William B. Horne, II City Manager Michael D Quillen, PE, City Engineer PROJECT: 2009-2010 Sanitary Sewer and Manhole Rehabilitation - Sanitary Sewer Cleaning and Televising Inspection 0327-96665-563800-535-000-0000 B PROJECT NUMBER: 09-0047-UT This change order is to extend the contract for another year and increase the funding with all unit prices, terms and conditions remaining the same-see attached for details. as they have changed names. PO REFERENCE NO.: ST106417 DATE OF CONTRACT: May 18, 2010 CODE: 0376-96665-563800-535-000-0000 A COUNCIL AWARD: April 15, 2010 CO 2 - City Council - 4/16/2013 Attachment number 1 \nPage 1 of 2 Item # 12 RE: Change Order 2 - 2009-10 Sanitary Sewer and Manhole Rehabilitation Sanitary Sewer Cleaning and Televising Inspection ITEM DESCRIPTION UNIT QTY UNIT COST TOTAL COST Code B: 0327-96665-563800-535-000-0000 Increases: 1. Sewer Line Cleaning a. Mobilization LS 20 $0.01 $0.20 b. Heavy Cleaning (per lf) 8"-10" Diameter LF 50,000 $0.01 $500.00 12"-15" Diameter LF 3,000 $0.01 $30.00 16"-24" Diameter LF 4,000 $0.01 $40.00 30"-36" Diameter LF 2,000 $10.00 $20,000.00 c. Root Removal 8"-10" Diameter LF 1,000 $0.01 $10.00 12"-15" Diameter LF 1,000 $0.01 $10.00 16"-24" Diameter LF 1,000 $0.01 $10.00 30"-36" Diameter LF 560 $0.01 $5.60 d. Easement Access Additional 8"-10" Diameter LF #######$0.01 $2,000.00 12"-15" Diameter LF 15,000 $0.01 $150.00 16"-24" Diameter LF 15,000 $0.01 $150.00 30"-36" Diameter LF 1,500 $0.01 $15.00 e. Turberculation Cleantion 8"-10" Diameter LF 5,000 $0.01 $50.00 12"-15" Diameter LF 5,000 $0.01 $50.00 16"-24" Diameter LF 5,000 $0.01 $50.00 30"-36" Diameter LF 5,000 $0.01 $50.00 $0.00 f. Manhole Clean/Jet-Vac EA 400 $10.00 $4,000.00 2. CCTV Pipe Inspection with PACP/CUES Granite XP compatibility a. Mobilization include Traffic Control LS 20 $0.01 $0.20 b. CCTV pipe inspection 8"-10" Diameter LF #######$1.40 $140,000.00 12"-15" Diameter LF 30,000 $2.00 $60,000.00 16"-24" Diameter LF 45,000 $3.50 $157,500.00 30"-36" Diameter LF 4,100 $6.50 $26,650.00 c. Manhole Inspection EA 500 $10.00 $5,000.00 d. Smoke Testing LF 3,529 $1.00 $3,529.00 e. Additional Set-Up LS 200 $1.00 $200.00 Total Increases:$420,000.00 Page 2 of 2 continued: Attachment number 1 \nPage 2 of 2 Item # 12 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Approve Parking Consultant of Record contracts with Kimley-Horn and Associates; TimHaahs; and Walker Parking Consultants for a period of three years, commencing April 22, 2013, and authorize the appropriate officials to execute same. (consent) SUMMARY: On February 4, 2013, Requests for Qualifications (RFQ 13-13) were solicited from parking consulting firms to serve as Parking Consultants of Record for the City for a three-year period. Three firms responded. All three of these firms have previously served as parking consultants for the City and have performed quality work; consequently, staff is recommending entering into contracts with all three firms. Entering into contracts with these firms will enable the City to continue to utilize well-qualified firms to complete a large variety of parking related tasks over the next three years. Bid Required?:No Bid Number: Other Bid / Contract:Bid Exceptions:None Review Approval:1) Office of Management and Budget 2) Legal 3) Clerk 4) Assistant City Manager 5) City Manager 6) Clerk Cover Memo Item # 13 Attachment number 1 \nPage 1 of 27 Item # 13 Attachment number 1 \nPage 2 of 27 Item # 13 Attachment number 1 \nPage 3 of 27 Item # 13 Attachment number 1 \nPage 4 of 27 Item # 13 Attachment number 1 \nPage 5 of 27 Item # 13 Attachment number 1 \nPage 6 of 27 Item # 13 Attachment number 1 \nPage 7 of 27 Item # 13 Attachment number 1 \nPage 8 of 27 Item # 13 Attachment number 1 \nPage 9 of 27 Item # 13 Attachment number 1 \nPage 10 of 27 Item # 13 Attachment number 1 \nPage 11 of 27 Item # 13 Attachment number 1 \nPage 12 of 27 Item # 13 Attachment number 1 \nPage 13 of 27 Item # 13 Attachment number 1 \nPage 14 of 27 Item # 13 Attachment number 1 \nPage 15 of 27 Item # 13 Attachment number 1 \nPage 16 of 27 Item # 13 Attachment number 1 \nPage 17 of 27 Item # 13 Attachment number 1 \nPage 18 of 27 Item # 13 Attachment number 1 \nPage 19 of 27 Item # 13 Attachment number 1 \nPage 20 of 27 Item # 13 Attachment number 1 \nPage 21 of 27 Item # 13 Attachment number 1 \nPage 22 of 27 Item # 13 Attachment number 1 \nPage 23 of 27 Item # 13 Attachment number 1 \nPage 24 of 27 Item # 13 Attachment number 1 \nPage 25 of 27 Item # 13 Attachment number 1 \nPage 26 of 27 Item # 13 Attachment number 1 \nPage 27 of 27 Item # 13 AGREEMENT FOR PROFESSIONAL SERVICES This AGREEMENT is made and entered into on the ______ day of _________________, 2013 by and between the City of Clearwater, Florida (CITY) and _________________________________, (CONSULTANT). WITNESSETH: WHEREAS the CITY desires to engage the CONSULTANT to perform certain professional services pertinent to such work in accordance with this Agreement; and WHEREAS the CONSULTANT desires to provide such professional services in accordance with this Agreement; and WHEREAS the CITY selected the CONSULTANT in accordance with the competitive selection process described in Section 287.055 of the Florida Statutes, and based on information and representations given by the CONSULTANT in a proposal dated March 15, 2013: NOW, THEREFORE, in consideration of the premises and the mutual benefits which will accrue to the parties hereto in carrying out the terms of this Agreement, it is mutually understood and agreed as follows: 1.0 GENERAL SCOPE OF THIS AGREEMENT The relationship of the CONSULTANT to the CITY will be that of a professional consultant, and the CONSULTANT will provide the professional and technical services required under this Agreement in accordance with acceptable engineering practices and ethical standards. 2.0 PROFESSIONAL TECHNICAL SERVICES Attachment number 2 \nPage 1 of 15 Item # 13 2.1 It shall be the responsibility of the CONSULTANT to work with and for the CITY to perform an array of services for the City as it relates to creating additional parking garages and related parking facilities/operations. Representative assignment areas are expected to include, but not be limited to, planning, studies or design services as listed below: 1. Supply/Demand Study 2. Financial Feasibility Study 3. Parking Garage Operational Review (including access and revenue control equipment) 4. Parking Garage Functional Review 5. Parking Garage Site Analysis 6. Design and Construction Management 2.2 The CONSULTANT’S services under this Agreement will be provided under Work Orders, Generally, each Work Order will include the services for a single project or assignment, and it will contain a mutually agreed-upon detailed scope of work, fee, and schedule of performance in accordance with applicable fiscal and budgetary constraints. Total compensation for all services shall not exceed $100,000 per Work Order unless specifically authorized by the City Council. 2.3 The CONSULTANT shall maintain an adequate and competent staff of professionally qualified personnel available to the CITY for the purpose of rendering the required engineering and/or architect services hereunder, and shall diligently execute the work to meet the completion time established in Work Order. 2.4 The CITY reserves the right to enter into contracts with other consulting firms for similar services. The CONSULTANT will, when directed to do so by the CITY, coordinate and work with other consulting firms retained by the CITY. 3.0 PERIOD OF SERVICE 3.1 The CONSULTANT shall begin work promptly after receipt of a fully executed copy of each Work Order, in accordance with Paragraph 2.2, above. Receipt of a fully executed Work Order shall constitute written notice to proceed. 3.2 If the CONSULTANT’S services called for under any Work Order are delayed for reasons beyond the CONSULTANT’S control, the time of performance shall be adjusted as appropriate. 3.3 It is the intent of the parties hereto that this Agreement continue in force until three (3) years from the date of initiation, April 18, 2013, subject to the provisions for termination Attachment number 2 \nPage 2 of 15 Item # 13 contained herein. Assignments that are in progress at the Contract termination date will be completed by the CONSULTANT unless specifically terminated by the CITY. 4.0 INSURANCE REQUIREMENTS See Exhibit “B” attached. 5.0 PROFESSIONAL SERVICES/CONSULTANT’S COMPETITIVE NEGOTIATION ACT (CCNA) - Florida Statue 287.055 Professional Services provided under this Agreement are within the scope of the practice of architecture, landscape architecture, professional engineering, or registered land surveying, as defined by the laws of the State of Florida. Provisions of F.S. 287.055 apply. 6.0 GENERAL CONSIDERATIONS 6.1 All documents including field books, drawings, specifications, calculations, geotechnical investigation reports, etc., used in the preparation of the work shall be supplied by the CONSULTANT and shall become the property of the CITY. The CITY acknowledges that such documents are not intended or represented to be suitable for use by the CITY or others for purposes other than those for which the documents are prepared. Any reuse of these documents without written verification or adaptation by the CONSULTANT for the specific purpose intended will be at the CITY’s sole risk without liability or legal exposure to the CONSULTANT. 6.2 The CONSULTANT shall prepare preliminary construction cost estimates with each design submittal to verify the proposed design is within the City project budgets. The CONSULTANT shall prepare a final estimate of probable construction costs, following CITY approval of the bid documents and other prebid activities. The CITY hereby acknowledges that estimates of probable construction costs cannot be guaranteed, and such estimates are not to be construed as a promise that designed facilities will not exceed a cost limitation. Should the lowest, responsive and acceptable bid price received by the CITY within three (3) months from the date of the CITY’s approval of the bid documents exceed the CONSULTANT’S final cost estimate by more than ten percent (10%), the CONSULTANT shall perform a detailed evaluation of the low bid. The evaluation will review the bid prices on a line item basis, identifying areas of disagreement and providing a rationale for the difference. 6.3 The CONSULTANT will provide expert witnesses, if required, to testify in connection with any suit at law. A supplemental agreement will be negotiated between the CITY and the CONSULTANT describing the services desired and providing a basis for compensation to the CONSULTANT. Attachment number 2 \nPage 3 of 15 Item # 13 6.4 Upon the CONSULTANT’S written request, the CITY will furnish or cause to be furnished such reports, studies, instruments, documents, and other information as the CONSULTANT and CITY mutually deem necessary. 6.5 The CITY and the CONSULTANT each bind themselves and their successors, legal representatives and assigns to the other party to this Agreement and to the partners, successors, legal representatives and assigns of each other party, in respect to all covenants of this Agreement; and, neither the CITY nor the CONSULTANT will assign or transfer its interest in this Agreement without written consent of the other. 6.6 The CONSULTANT shall indemnify and hold harmless the CITY, and its officers and employees, from liabilities, damages, losses, and costs, including, but not limited to, reasonable attorneys’ fees, to the extent caused by the negligence, recklessness, or intentionally wrongful conduct of the CONSULTANT and other persons employed or utilized by the CONSULTANT in the performance of this Agreement and any Work Orders issued under this Agreement. 6.7 The CONSULTANT agrees not to engage the services of any person or persons in the employ of the CITY to an allied capacity, on either a full or part-time basis, on the date of the signing of this Agreement, or during its term. 6.8 Key personnel assigned to CITY projects by the CONSULTANT shall not be removed from the projects until alternate personnel acceptable to the CITY are approved in writing by the CITY. Key personnel are identified as: Project Manager and technical experts. 6.9 The CONSULTANT shall attach a brief status report on the project(s) with each request for payment. 6.10 Unless otherwise required by law or judicial order, the Engineer and or Architect agrees that it shall make no statements, press releases or other public communication concerning the Agreement or its subject matter or otherwise disclose or permit to be disclosed any of the data, technical processes, business affairs or other information obtained or furnished in the conduct of work under this Agreement without first notifying the City and securing its consent in writing. The Engineer and or Architect also agrees that it shall not publish, copyright or patent any of the site specific data or reports furnished for or resulting from work under this Agreement. This does not include materials previously or concurrently developed by the Engineer and or Architect for “In House” use. Only data and reports generated by the Engineer and or Architect under this Agreement shall be the property of the City. 6.11 Pursuant to Florida Statute 287-132-133, effective July 1, 1989, the City of Clearwater, as a public entity, may not accept any proposal from, award any contract to, or transact any business in excess of the threshold amount provided in Section 287.017, F.S., for Category Two (currently $35,000) with any person or affiliate on the convicted vendor list for a period of 36 months from the date that person or affiliate was placed on the convicted vendor list unless that person of affiliate has been removed from the list Attachment number 2 \nPage 4 of 15 Item # 13 pursuant to Section 287.133 (3)(f), F.S. 7.0 COMPENSATION 7.1 The CONSULTANT shall be compensated for all services rendered under this Agreement in accordance with the provisions of each Work Order, upon presentation of CONSULTANT’S invoice. An hourly rate schedule and typical methods of compensation are attached hereto as Exhibit “C”. 7.2 Except as may be addressed in the initiating Work Order, the compensation for services shall be invoiced by the CONSULTANT and paid by the CITY once each month. Such invoices shall be due and payable upon receipt. 7.3 The CONSULTANT agrees to allow full and open inspection of payroll records and expenditures in connection with hourly rate and cost plus fixed fee work assignments upon request of the CITY. 8.0 PROHIBITION AGAINST CONTINGENT FEES The CONSULTANT warrants that it has not employed or retained any company or person, other than a bona fide employee working solely for the CONSULTANT to solicit or secure this Agreement and that it has not paid or agreed to pay any persons, company, corporation, individual or firm, other than a bona fide employee working for the CONSULTANT any fee, commission, percentage, gift, or any other consideration, contingent upon or resulting from the award or making of this Agreement. 9.0 TERMINATION This Agreement may be terminated by either party with seven (7) days prior written notice, in the event of substantial failure to perform in accordance with the terms hereof by the other party through no fault of the terminating party. If this Agreement is terminated, the CONSULTANT shall be paid in accordance with the provisions of outstanding Work Orders for all work performed up to the date of termination. 10.0 SUSPENSION, CANCELLATION OR ABANDONMENT If the project described in any Work Order is suspended, canceled, or abandoned by the CITY, without affecting any other Work Order or this Agreement, the CONSULTANT shall be given five (5) days prior written notice of such action and shall be compensated for professional services provided up to the date of suspension, cancellation or abandonment. Attachment number 2 \nPage 5 of 15 Item # 13 This Agreement shall be administered and interpreted under the laws of the State of Florida. 11.0 TERMINATION OF CONVENIENCE Either the CITY or the CONSULTANT may terminate the Agreement at any time by giving written notice to the other of such termination and specifying the effective date of such termination at least thirty (30) days before said termination date. If the Agreement is terminated by the CITY as provided herein, the CONSULTANT will be paid for services rendered through the date of termination. Attachment number 2 \nPage 6 of 15 Item # 13 IN WITNESS WHEREOF, the parties hereto have made and executed this Agreement on the date and year first above written. ______________________________ By: ______________________________ WITNESS: By: ______________________________ Countersigned: CITY OF CLEARWATER ___________________________ By: ______________________________ George N. Cretekos William B. Horne, II Mayor-Commissioner City Manager Approved as to form and ATTEST: correctness: ___________________________ By: ______________________________ Camilo Soto Rosemarie Call Assistant City Attorney City Clerk Attachment number 2 \nPage 7 of 15 Item # 13 EXHIBIT “B” RISK MANAGEMENT / INSURANCE REQUIREMENTS FOR AGREEMENTS AND CONTRACTS STATEMENT OF PURPOSE: The City of Clearwater enters into agreements and contracts for services and/or products with other parties. Agreements and contracts shall contain Risk Management/Insurance terms to protect the City’s interest and to minimize its potential liabilities. Whenever applicable, the following terms shall be included in agreements and contracts. CITY DEFINED: The term “City” (whenever it may appear in this Exhibit) is defined to mean the City of Clearwater itself, its Council, the Community Redevelopment Agency of the City of Clearwater, a Florida governmental agency created pursuant to Part III, Chapter 163, Florida Statute, its duly appointed officers, or other public bodies, officers, employees, volunteers, representatives and agents. OTHER PARTY DEFINED: The term “Other Party” (whenever it may appear in this Exhibit) is defined to mean the other person or entity which is a party to an agreement or contract with the City, any subsidiaries or affiliates, officers, employees, volunteers, representatives, agents, contractors, and subcontractors. HOLD HARMLESS DEFINED: The term “Hold Harmless” (whenever it may appear in this Exhibit) is defined to mean the City shall be held harmless against all claims for bodily injury, personal injury, sickness, disease, death or damage to property or loss of use resulting there from, or arising out of, the agreement or contract unless such claims are a result of the City’s sole negligence. PAYMENT ON BEHALF OF CITY DEFINED: The term “Payment on Behalf of City” (whenever it may appear in this Exhibit) is defined to mean the Other Party agrees to pay on behalf of the City, and to pay the cost of the City’s legal defense, as may be selected by the City, for claims or suits arising from the fault of the Other Party or other persons employed or utilized by the Other Party in performance of the contract. Such payment on behalf of the City shall be in addition to any and all other legal remedies available to the City and shall not be considered to be the City’s exclusive remedy. INSURANCE: The Other Party shall, at its own cost and expense, acquire and maintain (and cause contractors and subcontractors, if utilized, to acquire and maintain) during the term with the City, sufficient insurance to adequately protect the respective interest of the parties. Specifically the Other Party must carry the following minimum types and amounts of insurance Attachment number 2 \nPage 8 of 15 Item # 13 on an occurrence basis or in the case of coverage that cannot be obtained on an occurrence basis, then coverage can be obtained on a claims-made basis with a minimum three (3) year tail following the termination or expiration of the Agreement. These insurance requirements shall not limit the liability of the Other Party. The City does not represent that these types or amounts of insurance to be sufficient or adequate to protect the Other Party’s interests or liabilities, but are merely minimums: 1. COMMERCIAL GENERAL LIABILITY: $1,000,000 per occurrence, including but not limited to, bodily injury, personal injury, property damage, premises- operations, products/completed operations, contractual liability, independent contractors, and liability assumed under an insured contract. If Commercial General Liability Insurance or other form with a general aggregate limit is used, either the general aggregate limit shall apply separately to this project/location or the general aggregate limit shall be twice the required occurrence limit. 2. AUTOMOBILE LIABILITY: $1,000,000 per accident combined single limit, for bodily injury and property damage for any owned, non-owned, hired, or borrowed automobile. 3. WORKERS’ COMPENSATION: Other Party will obtain and maintain during the life of this contract, Workers’ Compensation insurance in accordance with the laws of the State of Florida, for all of Other Party’s employees employed at the site of the project. Coverage should include Voluntary Compensation and U.S. Longshoremen’s and Harbor Worker’s Act coverage where applicable. 4. EMPLOYER’S LIABILITY: $100,000 each employee, each accident, and $100,000 each employee/$500,000 policy limit for disease, and which meets all state and federal laws. Coverage must be applicable to employees, contractors, and subcontractors, if any. 5. WATERCRAFT/AIRCRAFT LIABILITY: If the Other Party’s provision of services involves utilization of watercraft or aircraft, watercraft and/or aircraft liability coverage must be provided to include bodily injury and property damage arising out of ownership, maintenance or use of any watercraft or aircraft, including owned, non-owned and hired. 6. PRODUCTS/COMPLETED OPERATIONS COVERAGE: The Other Party is required to continue to purchase products contract or agreement, for minimum of three (3) years beyond the City’s acceptance of renovation or construction projects. ACCEPTABILITY OF INSURERS: Insurance must be placed with insurers with a current A.M. Best’s rating of no less than A-VII. Attachment number 2 \nPage 9 of 15 Item # 13 DEDUCTIBLES AND SELF-INSURED RETENTIONS: Any deductibles or self-insured retentions must be declared to and approved by the City. The City may require the Other Party to provide proof of ability to pay losses and related investigations, claim administration, and defense expenses within the retention. ADDITIONAL INSURED: The City is to be specifically included as an additional insured on all liability coverage described above except for the Workers’ Compensation and Professional Liability coverage’s. OTHER INSURANCE PROVISIONS: The General Liability and Automobile Liability policies are to contain, or be endorsed to contain, the following provisions: 1. PRIMARY INSURANCE COVERAGE: For any claims related to this Agreement, the Other Party’s insurance coverage shall be primary insurance as respects the City, its officers, officials, employees, and volunteers. Any insurance or self-insurance maintained by the City, its officers, officials, employees, or volunteers shall be excess of the Other Party’s insurance and shall not contribute to it. 2. RIGHT OF RECOVERY: Except for Workers’ Compensation, the Other Party waives its right of recovery against the City, to the extent permitted by its insurance policies. 3. SEVERABILITY OF INTEREST/CROSS LIABILITY PROVISION: The Other Party shall request that its insurers’ policies include or be endorsed to include a Severability of Interest/Cross Liability provision so the City will be treated as if a separate policy were in existence without increasing the policy limits. 4. HOLD HARMLESS/INDEMNIFICATION: The Other Party shall indemnify, and hold harmless the City and its officers, employees, from liabilities, damages, losses, and costs, including but not limited to reasonable attorneys’ fees, to the extent caused by the negligence, recklessness, or intentionally wrongful conduct of the Other Party and other persons employed or utilized by the Other Party in the performance of this Agreement and any Work Orders issued under this Agreement. Other Party acknowledges that it is solely responsible for complying with the terms of the Agreement or a purchase order or contract arising out of the Agreement (Revised 7/9/12). 5. NOTICE OF CANCELLATION OR RESTRICTION: Each insurance policy required by this clause shall be endorsed to state that coverage shall not be canceled by either party, except after thirty (30) days prior written notice sent via certified mail, return receipt requested, has been given to the City. It is the Other Party’s responsibility to ensure the notice requirement is met. Attachment number 2 \nPage 10 of 15 Item # 13 CERTIFICATE OF INSURANCE/CERTIFIED COPIES OF POLICIES: The Other Party, if selected, will provide the City with a Certificate or Certificates of Insurance showing the existence of coverage as required by the Agreement. In addition, the Other Party will provide to the City, if asked in writing, certified copies of all policies of insurance. The Other Party will maintain the required coverage with a current Certificate or Certificates of Insurance throughout the term of the Agreement with the City. New certificates and new certified copies of policies shall be provided to the City whenever any policy is renewed, revised, or obtained from other insurers. The address where such certificates and certified policies shall be sent or delivered is as follows: City of Clearwater Attention: City Clerk P.O. Box 4748 Clearwater, FL 33758-4748 CONSIDERATION FOR HOLD HARMLESS/PAYMENT ON BEHALF: The Other Party agrees to accept, and acknowledges as an adequate amount of remuneration, the consideration of $100.00 for agreeing to the Hold Harmless, Payment on Behalf of the City, Insurance and Certificates of Insurance provisions in the Agreement. SUBCONTRACTORS: Other Party shall require and verify all subcontractors, if used, maintain insurance, including Workers’ Compensation insurance, subject to all of the requirements stated herein prior to beginning work. LOSS CONTROL/SAFETY: Precaution shall be exercised at all times by the Other Party for the protection of all persons, including employees, and property. The Other Party shall be expected to comply with all applicable laws, regulations, or ordinances related to safety and health, and shall make special efforts where appropriate to detect hazardous conditions, and shall take prompt action where loss control/safety measures should reasonably be expected. The City may order work to be stopped if conditions exist that present immediate danger to persons or property. The Other Party acknowledges that such stoppage will not shift responsibility for any damages from the Other Party to the City. ADDITIONAL INSURANCE FOR REPAIR OR SERVICE OR OTHER CONTRACTS: If checked below, the City requires the following additional provisions or types of insurance for repair or service or other contracts to afford added protection against loss which could affect the work being performed: _____ INSTALLATION FLOATER INSURANCE: Installation Floater insurance is to be provided to cover damage or destruction to equipment being installed or otherwise being handled or stored by the Other Party. The amount of coverage should be adequate to provide full replacement value of the equipment being installed, otherwise being handled or stored on or off premises. All risks coverage is preferred. _____ MOTOR TRUCK CARGO INSURANCE: If the Installation Floater insurance does not provide transportation coverage, separate Motor Truck Cargo or Transportation Attachment number 2 \nPage 11 of 15 Item # 13 insurance is to be provided for materials or equipment transported in the Other Party’s vehicles from place of receipt to building sites or other storage sites. All risks covered are preferred. _____ CONTRACTOR’S EQUIPMENT INSURANCE: Contractor’s Equipment insurance is to be purchased to cover loss of equipment and machinery utilized in the performance of work by the Other Party. All risks coverage is preferred. _____ FIDELITY/DISHONESTY INSURANCE-COVERAGE FOR EMPLOYER: Fidelity/dishonesty insurance is to be purchased to cover dishonest acts of the Other Party’s employees, including but not limited to theft of vehicles, materials, supplies, equipment, tools, etc.; especially property necessary to work performed. _____ FIDELITY/DISHONESTY INSURANCE-COVERAGE FOR CITY: Fidelity/Dishonesty/Liability insurance is to be purchased or extended to cover dishonest acts of the Other Party’s employees resulting in loss to the City. ADDITIONAL INSURANCE FOR RENOVATION OR CONSTRUCTION CONTRACTS: If checked below, the City requires the following types of insurance for renovation or construction contracts. This is in addition to the required coverage’s previously cited and the Additional Insurance for Repair or Service or Other Contracts. _____ COMMERCIAL GENERAL LIABILITY PROJECT AGGREGATE: Because the Commercial General Liability form of coverage includes an annual aggregate limitation on the amount of insurance provided, a separate project aggregate limit is required by the City for this contract or agreement. _____ OWNERS PROTECTIVE LIABILITY: For renovation or construction contracts the Other Party shall provide for the City an Owners Protective Liability insurance policy (preferably through the Other Party’s insurer) in the name of the City. _____ BUILDER’S RISK: Builder’s Risk Insurance is to be purchased to cover all risks of loss in the complete and full value of the project with no coinsurance penalty provisions. This insurance shall insure the interests of the City, the Other Party, and all subcontractors in the work and shall insure against special form causes of loss (all risk perils), including collapse during construction, for replacement cost (including fees and charges of engineers, architects, attorneys and other professionals). The Other Party shall obtain and maintain similar property insurance on equipment, materials, supplies and other property and portions of the work stored on or off site or in transit. Builder’s Risk Insurance shall be endorsed to permit occupancy until such time as the facilities are completed and accepted by the City and written notice of the fact has been issued by the City. PROFESSIONAL LIABILITY, MALPRACTICE AND/OR ERRORS OR OMISSIONS: If checked below the City requires the following terms and types of insurance for professional, malpractice, and errors or omissions liability. Attachment number 2 \nPage 12 of 15 Item # 13 __X__ HOLD HARMLESS: The following replaces the previous Hold Harmless wording: The Other Party shall indemnify and hold harmless the City, and it’s officers, employees, from liabilities, damages, losses, and costs, including, but not limited to, reasonable attorneys’ fees, to the extent caused by the negligence, recklessness, or intentionally wrongful conduct of the Other Party and other persons employed or utilized by the Other Party in the performance of this Agreement and any Work Orders issued under this Agreement. The intent of this includes all claims for financial loss with respect to the provision of, or failure to, provide professional or other services resulting in professional malpractice, or errors, or omissions liability arising out of the negligent performance of this agreement or contract, unless such claims are a result of the City’s own negligence. (Revised 7/9/12). __X__ PROFESSIONAL LIABILITY/MALPRACTICE/ERRORS OR OMISSIONS INSURANCE: The Other Party shall purchase and maintain professional liability or malpractice or errors or omissions insurance appropriate for the type of business engaged in by the Other Party with minimum limits of $1,000,000 per occurrence. If a claims made form of coverage is provided, the retroactive date of coverage shall be no later than the inception date of claims made coverage, unless prior policy was extended indefinitely to cover prior acts. Coverage shall be extended beyond the policy year either by a supplemental extended reporting period (ERP) of as great a duration as available, and with no less coverage and with reinstated aggregate limits, or by requiring that nay new policy provide a retroactive date no later than the inception date of claims made coverage. WRITTEN AGREEMENT/CONTRACT: Any party providing services or products to the City will be expected to enter into a written agreement, contract or purchase order with the City that incorporates, either in writing or by reference, all of the pertinent provisions relating to insurance and insurance requirements as contained herein. A failure to do so may, at the sole discretion of the City, disqualify any Party from performing services or selling products to the City provided, however, the City reserves the right to waive any such requirements. Attachment number 2 \nPage 13 of 15 Item # 13 EXHIBIT “C” PROVISION OF PAYMENT BASIS FOR PAYMENT The owner shall pay CONSULTANT and CONSULTANT agrees to accept as full compensation for its services (as established by Work Order) compensation as computed by one of the following methods: Method “A” – Costs Times Multiplier Basis – Compensation in the form of actual costs times a multiplier as determined by the following formula: Actual raw Salary Cost (Hourly Rate) x Multiplier + Subconsultant Cost + Other Direct Costs. Multiplier ________ includes fringe benefit rate, overhead, operating margin and profit and is subject to annual review. Subconsultant Costs are actual costs incurred times a factor of 1.00. Actual costs shall be based on billing rates for required labor classifications. Other Direct Costs are actual costs incurred for travel outside of Tampa Bay area, printing, copying, long distance telephone calls, etc., times a factor of 1.00. Method “B” – Lump Sum – Compensation in the form of “lump sum” for all work associated with a Work Order or task and shall be determined by mutual agreement between the CONSULTANT and the City. The lump sum amount shall be negotiated based upon the Work Order scope of services and approved by both the City and the CONSULTANT. Hourly Rates - The estimated hourly rates below represent 2013 costs and categories. Periodic changes are anticipated and modification can be made annually upon City and CONSULTANT review. (Note: All rates are hourly salary) CITY OF CLEARWATER CONSULTANT OF RECORD Attachment number 2 \nPage 14 of 15 Item # 13 RFQ 13-13 2013 DIRECT HOURLY RATES Job Classification Minimum Rate ($ / hour) Typical Maximum Senior Vice President Vice President/Officer-in-Charge Senior Project Manager/Group Manager Project Manager/Associate Principal Construction Manager Construction Engineer Senior Engineer/Scientist Engineer/Scientist (III-IV) Engineer/Scientist (I-III) Planner Landscape Architect Field Technician Senior Designer Drafter/CADD Operator Operations Specialist Fiscal/Accounting Administrative/Clerical MULTIPLIER: . Attachment number 2 \nPage 15 of 15 Item # 13 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Award a contract to Steve’s Excavating and Paving Inc. of Clearwater, Florida, for Tropic Hills Stormwater Outfall Project Phase III (11-0040-EN), in the amount of $1,449,371.28, which is the lowest responsible bid received in accordance with the plans and specifications and authorize the appropriate officials to execute same. (consent) SUMMARY: The Tropic Hills neighborhood experienced severe flooding in June 1997 and February 2006. The existing outfall is undersized and during heavy rainfall, water backs up in the neighborhood, flooding streets and houses. Tropic Hills Drainage Improvements Project consists of 3 phases. Phase I is complete and FDOT is working on Phase II with the US 19 Project. This project is the last Phase, which consists of the following tasks: Replacing approximately 900 LF of undersized pipe with a new 10 ft. by 4 ft. box culvert; Installing a 10 ft. -diameter stormwater treatment structure; Installing 130 LF of 30 in. PVC drainage pipe within the Tropic Hills neighborhood; and Replacing 325 LF of existing old 8 in. VCP sanitary pipe with the new PVC pipe. Construction of this Phase will improve water quality by minimizing sediment transport into the bay. The completion of this last Phase will provide significant improvements to the stormwater conveyance system for the Tropic Hills neighborhood and reduce potential flooding. The Project is anticipated to be completed within 180 calendar days. The Project will be cooperatively funded by the Southwest Florida Water Management District (SWFWMD) at 50% of the design and construction cost or up to $1,250,000, and 50% by the Stormwater Utility Fund. Sufficient funding is available in the amounts of $1,394,090.78 from 0315-96179, Tropic Hills Phase III, $42,339 from 0327-96634, Sanitary Utility Relocation and $12,941.50 from 0327-96742, Line Relocation - Capital, for total funding in the amount of $1,449,371.28. Type:Capital expenditure Current Year Budget?:Yes Budget Adjustment:No Budget Adjustment Comments: See summary Current Year Cost:$1,449,371.28 Annual Operating Cost: Not to Exceed:$1,449,371.28 Total Cost:$1,449,371.28 For Fiscal Year:2012 to 2013 Appropriation Code Amount Appropriation Comment 0315-96179-563700-539- 000-0000 $1,394,090.78See summary 0327-96634-563800-535- 000-0000 $ 42,339.00 See summary Cover Memo Item # 14 0327-96742-563800-533- 000-0000 $ 12,941.50 See summary Bid Required?:Yes Bid Number:11-0040-EN Other Bid / Contract:Bid Exceptions:None Review Approval: 1) Engineering 2) Financial Services 3) Office of Management and Budget 4) Legal 5) Clerk 6) Assistant City Manager 7) City Manager 8) Clerk Cover Memo Item # 14 BI D I T E M S U N I T Q T Y U N I T P R I C E A M O U N T U N I T P R I C E A M O U N T U N I T PR I C E A M O U N T U N I T P R I C E A M O U N T U N I T P R I C E A M O U N T U N I T P RICEAMOUNTUNIT PRICEAMOUNT 1. 0 1. 1 Mo b i l i z a t i o n , G e n e r a l C o n d i t i o n s , D e m o b i l i z a t i o n LS 1 9 9 , 0 0 0 . 0 0 $ 9 9 , 0 0 0 . 0 0 $ 1 2 5 , 0 0 0 . 0 0 $ 1 2 5 , 0 0 0 . 0 0 $ 9 8 , 9 4 0 . 0 0 $ 9 8 , 9 4 0 . 0 0 $ 4 0 , 0 0 0 . 0 0 $ 4 0 , 0 0 0 . 0 0 $ 177,750.00$ 177,750.00$ 56,075.00$ 56,075.00$ 90,000.00$ 90,000.00$ 1. 2 M a i n t e n a n c e o f T r a f f i c L S 1 1 0 , 0 0 0 . 0 0 $ 1 0 , 0 0 0 . 0 0 $ 5 , 0 0 0 . 0 0 $ 5 , 0 0 0 . 0 0 $ 2 , 5 0 0 . 0 0 $ 2 , 5 0 0 . 0 0 $ 7 , 5 0 0 . 0 0 $ 7 , 5 0 0 . 0 0 $ 2,500.00$ 2,500.00$ 5,400.00$ 5,400.00$ 5,760.00$ 5,760.00$ 1. 3 E r o s i o n a n d S e d i m e n t C o n t r o l L S 1 4 , 5 0 0 . 0 0 $ 4 , 5 0 0 . 0 0 $ 3 , 5 0 0 . 0 0 $ 3 , 5 0 0 . 0 0 $ 9 , 8 5 0 . 0 0 $ 9 , 8 5 0 . 0 0 $ 1 3 , 0 0 0 . 0 0 $ 1 3 , 0 0 0 . 0 0 $ 12,000.00$ 12,000.00$ 3,875.00$ 3,875.00$ 6,750.00$ 6,750.00$ SU B - T O T A L 11 3 , 5 0 0 . 0 0 $ 1 3 3 , 5 0 0 . 0 0 $ 1 1 1 , 2 9 0 . 0 0 $ 6 0 , 5 0 0 . 0 0 $ 192,250.00$ 3,875.00$ 65,350.00$ 102,510.00$ 2. 0 2. 1 B y p a s s i n g o f S t o r m w a t e r F l o w s L S 1 2 5 0 0 2 , 5 0 0 . 0 0 $ 1 0 , 0 0 0 . 0 0 $ 1 0 , 0 0 0 . 0 0 $ 1 0 , 5 0 0 . 0 0 $ 1 0 , 5 0 0 . 0 0 $ 2 1 , 0 0 0 . 0 0 $ 2 1 , 0 0 0 . 0 0 $ 25,000.00$ 25,000.00$ 8,950.00$ 8,950.00$ 19,075.00$ 19,075.00$ 2. 2 D e m o l i t i o n LS 1 1 4 5 , 0 0 0 . 0 0 $ 1 4 5 , 0 0 0 . 0 0 $ 5 0 , 0 0 0 . 0 0 $ 5 0 , 0 0 0 . 0 0 $ 1 6 8 , 0 0 0 . 0 0 $ 1 6 8 , 0 0 0 . 0 0 $ 1 5 , 0 0 0 . 0 0 $ 1 5 , 0 0 0 . 0 0 $ 10,000.00$ 10,000.00$ 79,450.00$ 79,450.00$ 24,750.00$ 24,750.00$ 2. 3 Un s u i t a b l e M a t e r i a l R e m o v a l & R e p l a c e m e n t (P i p e / C u l v e r t & S t r u c t u r e B e d d i n g O n l y ) CY 6 1 5 2 0 . 0 0 $ 1 2 , 3 0 0 . 0 0 $ 7 5 . 0 0 $ 4 6 , 1 2 5 . 0 0 $ 3 5 . 0 0 $ 2 1 , 5 2 5 . 0 0 $ 5 7 . 0 0 $ 3 5 , 0 5 5 . 0 0 $ 0.01$ 6.15$ 40.50$ 24,907.50$ 53.00$ 32,595.00$ SU B - T O T A L 15 9 , 8 0 0 . 0 0 $ 1 0 6 , 1 2 5 . 0 0 $ 2 0 0 , 0 2 5 . 0 0 $ 7 1 , 0 5 5 . 0 0 $ 35,006.15$ 113,307.50$ 76,420.00$ 3. 0 TR O P I C H I L L S P H A S E I I I 1 1 - 0 0 4 0 - E N DR A I N A G E STEVE'S EXCAVATINGRAM EXCAVATINGROWLANDS, INC. MO B I L I Z A T I O N A N D S I T E P R E P A R A T I O N EA R T H W O R K ST O R M W A T E R QR C , I N C MT M C O N T R A C T O R S GI B B S & R E G I S T E R K A M M I N G A & R O O D V O E T S 3. 0 3. 1 10 ' x 4 ' B o x C u l v e r t LF 8 7 0 9 0 0 . 0 0 $ 7 8 3 , 0 0 0 . 0 0 $ 1 , 0 2 5 . 0 0 $ 8 9 1 , 7 5 0 . 0 0 $ 1 , 0 7 5 . 0 0 $ 9 3 5 , 2 5 0 . 0 0 $ 9 6 3 . 0 0 $ 8 3 7 , 8 1 0 . 0 0 $ 1,209.00$ 1,051,830.00$ 940.00$ 817,800.00$ 811.00$ 705,570.00$ 3. 2 30 " R C P ( C l a s s I I I ) LF 3 0 1 6 5 . 0 0 $ 4 , 9 5 0 . 0 0 $ 7 5 . 0 0 $ 2 , 2 5 0 . 0 0 $ 1 2 5 . 0 0 $ 3 , 7 5 0 . 0 0 $ 1 5 0 . 0 0 $ 4 , 5 0 0 . 0 0 $ 137.00$ 4,110.00$ 236.00$ 7,080.00$ 132.00$ 3,960.00$ 3. 3 24 " R C P ( C l a s s I I I ) LF 5 5 0 0 . 0 0 $ 2 , 5 0 0 . 0 0 $ 2 0 0 . 0 0 $ 1 , 0 0 0 . 0 0 $ 9 5 . 0 0 $ 4 7 5 . 0 0 $ 1 0 0 . 0 0 $ 5 0 0 . 0 0 $ 150.00$ 750.00$ 255.00$ 1,275.00$ 240.00$ 1,200.00$ 3. 4 12 " R C P ( C l a s s I I I ) LF 2 0 1 3 5 . 0 0 $ 2 , 7 0 0 . 0 0 $ 9 5 . 0 0 $ 1 , 9 0 0 . 0 0 $ 7 5 . 0 0 $ 1 , 5 0 0 . 0 0 $ 6 0 . 0 0 $ 1 , 2 0 0 . 0 0 $ 100.00$ 2,000.00$ 113.00$ 2,260.00$ 125.00$ 2,500.00$ 3. 5 Di v e r s i o n D r a i n a g e S t r u c t u r e ( w / W e i r & F D O T Ty p e " F " I n l e t ) EA 1 2 2 , 0 0 0 . 0 0 $ 2 2 , 0 0 0 . 0 0 $ 9 , 5 0 0 . 0 0 $ 9 , 5 0 0 . 0 0 $ 1 5 , 5 7 5 . 0 0 $ 1 5 , 5 7 5 . 0 0 $ 1 4 , 0 0 0 . 0 0 $ 1 4 , 0 0 0 . 0 0 $ 4,600.00$ 4,600.00$ 18,250.00$ 18,250.00$ 18,240.00$ 18,240.00$ 3. 6 28 ' x 5 ' D r a i n a g e S t r u c t u r e EA 1 3 6 , 0 0 0 . 0 0 $ 3 6 , 0 0 0 . 0 0 $ 1 0 0 , 0 0 0 . 0 0 $ 1 0 0 , 0 0 0 . 0 0 $ 3 4 , 6 8 5 . 0 0 $ 3 4 , 6 8 5 . 0 0 $ 2 4 , 0 0 0 . 0 0 $ 2 4 , 0 0 0 . 0 0 $ 98,000.00$ 98,000.00$ 55,350.00$ 55,350.00$ 38,880.00$ 38,880.00$ 3. 7 Gr a t e d R i s e r o n B o x C u l v e r t EA 3 3 , 0 0 0 . 0 0 $ 9 , 0 0 0 . 0 0 $ 1 , 5 0 0 . 0 0 $ 4 , 5 0 0 . 0 0 $ 3 , 3 8 2 . 0 0 $ 1 0 , 1 4 6 . 0 0 $ 2 , 2 0 0 . 0 0 $ 6 , 6 0 0 . 0 0 $ 2,300.00$ 6,900.00$ 2,870.00$ 8,610.00$ 2,130.00$ 6,390.00$ 3. 8 St o r m w a t e r T r e a t m e n t S t r u c t u r e EA 1 7 7 , 0 0 0 . 0 0 $ 7 7 , 0 0 0 . 0 0 $ 9 5 , 0 0 0 . 0 0 $ 9 5 , 0 0 0 . 0 0 $ 9 0 , 9 5 4 . 0 0 $ 9 0 , 9 5 4 . 0 0 $ 6 5 , 0 0 0 . 0 0 $ 6 5 , 0 0 0 . 0 0 $ 75,000.00$ 75,000.00$ 67,850.00$ 67,850.00$ 64,195.00$ 64,195.00$ 3. 9 Ty p e " C " I n l e t ( B r e n t w o o d D r i v e O u t f a l l ) EA 1 4 , 5 0 0 . 0 0 $ 4 , 5 0 0 . 0 0 $ 7 , 5 0 0 . 0 0 $ 7 , 5 0 0 . 0 0 $ 3 , 0 4 6 . 0 0 $ 3 , 0 4 6 . 0 0 $ 3 , 8 0 0 . 0 0 $ 3 , 8 0 0 . 0 0 $ 5,750.00$ 5,750.00$ 4,925.00$ 4,925.00$ 4,575.00$ 4,575.00$ 3. 1 He a d w a l l C o n s t r u c t i o n LS 1 1 5 , 0 0 0 . 0 0 $ 1 5 , 0 0 0 . 0 0 $ 3 5 , 0 0 0 . 0 0 $ 3 5 , 0 0 0 . 0 0 $ 1 5 , 7 7 5 . 0 0 $ 1 5 , 7 7 5 . 0 0 $ 1 2 , 0 0 0 . 0 0 $ 1 2 , 0 0 0 . 0 0 $ 28,750.00$ 28,750.00$ 17,575.00$ 17,575.00$ 10,280.00$ 10,280.00$ 3. 1 1 Ch a n n e l I m p r o v e m e n t s ( G r a d i n g , R i p r a p B l a n k e t & T u r f R e i n f o r c e m e n t M a t ) LS 1 3 , 5 0 0 . 0 0 $ 3 , 5 0 0 . 0 0 $ 1 7 , 5 0 0 . 0 0 $ 1 7 , 5 0 0 . 0 0 $ 1 0 , 7 5 0 . 0 0 $ 1 0 , 7 5 0 . 0 0 $ 5 , 0 0 0 . 0 0 $ 5 , 0 0 0 . 0 0 $ 3,500.00$ 3,500.00$ 9,125.00$ 9,125.00$ 4,210.00$ 4,210.00$ 3. 1 2 Ma s o n r y P i p e P l u g ( B o x C u l v e r t ) EA 1 1 , 0 0 0 . 0 0 $ 1 , 0 0 0 . 0 0 $ 2 , 5 0 0 . 0 0 $ 2 , 5 0 0 . 0 0 $ 3 , 7 5 0 . 0 0 $ 3 , 7 5 0 . 0 0 $ 1 , 5 0 0 . 0 0 $ 1 , 5 0 0 . 0 0 $ 2,500.00$ 2,500.00$ 2,525.00$ 2,525.00$ 2,170.00$ 2,170.00$ 3. 1 3 Co n n e c t i o n t o E x i s t i n g D o w n s t r e a m S t r u c t u r e EA 1 5 , 0 0 0 . 0 0 $ 5 , 0 0 0 . 0 0 $ 1 2 , 0 0 0 . 0 0 $ 1 2 , 0 0 0 . 0 0 $ 6 , 3 8 0 . 0 0 $ 6 , 3 8 0 . 0 0 $ 1 , 5 0 0 . 0 0 $ 1 , 5 0 0 . 0 0 $ 4,000.00$ 4,000.00$ 4,925.00$ 4,925.00$ 1,350.00$ 1,350.00$ 3. 1 4 30 " C o n t e c h A 2 0 0 0 ( B r e n t w o o d D r i v e O u t f a l l ) LF 1 2 0 7 5 . 0 0 $ 9 , 0 0 0 . 0 0 $ 2 1 0 . 0 0 $ 2 5 , 2 0 0 . 0 0 $ 1 5 0 . 0 0 $ 1 8 , 0 0 0 . 0 0 $ 7 3 . 0 0 $ 8 , 7 6 0 . 0 0 $ 170.00$ 20,400.00$ 79.00$ 9,480.00$ 110.00$ 13,200.00$ Ou t f a l l I m p r o v e m e n t s ( M i t e r e d E n d S e c t i o n , Ri p r a p B l a n k e t & C h a n n e l G r a d i n g ) ( B r e n t w o o d DR A I N A G E 3. 1 5 Ri p r a p B l a n k e t & C h a n n e l G r a d i n g ) ( B r e n t w o o d Dr i v e O u t f a l l ) LS 1 7 , 5 0 0 . 0 0 $ 7 , 5 0 0 . 0 0 $ 7 , 5 0 0 . 0 0 $ 7 , 5 0 0 . 0 0 $ 6 , 5 0 0 . 0 0 $ 6 , 5 0 0 . 0 0 $ 4 , 5 0 0 . 0 0 $ 4 , 5 0 0 . 0 0 $ 3,500.00$ 3,500.00$ 7,400.00$ 7,400.00$ 3,550.00$ 3,550.00$ SU B - T O T A L 98 2 , 6 5 0 . 0 0 $ 1 , 2 1 3 , 1 0 0 . 0 0 $ 1 , 1 5 6 , 5 3 6 . 0 0 $ 9 9 0 , 6 7 0 . 0 0 $ 1,311,590.00$ 1,034,430.00$ 880,270.00$ 4. 0 PA V I N G A N D M A R K I N G Attachment number 1 \nPage 1 of 3 Item # 14 BI D I T E M S U N I T Q T Y U N I T P R I C E A M O U N T U N I T P R I C E A M O U N T U N I T PR I C E A M O U N T U N I T P R I C E A M O U N T U N I T P R I C E A M O U N T U N I T P RICEAMOUNTUNIT PRICEAMOUNT TR O P I C H I L L S P H A S E I I I 1 1 - 0 0 4 0 - E N STEVE'S EXCAVATINGRAM EXCAVATINGROWLANDS, INC. QR C , I N C MT M C O N T R A C T O R S GI B B S & R E G I S T E R K A M M I N G A & R O O D V O E T S 4. 1 As p h a l t P a v e m e n t R e s t o r a t i o n SY 5 , 8 3 0 2 2 . 0 0 $ 1 2 8 , 2 6 0 . 0 0 $ 4 2 . 0 0 $ 2 4 4 , 8 6 0 . 0 0 $ 2 3 . 0 0 $ 1 3 4 , 0 9 0 . 0 0 $ 2 6 . 0 0 $ 1 5 1 , 5 8 0 . 0 0 $ 8.50$ 49,555.00$ 54.25$ 316,277.50$ 29.30$ 170,819.00$ 4. 2 Pa v e m e n t M a r k i n g s / S t r i p i n g R e s t o r a t i o n LS 1 2 , 5 0 0 . 0 0 $ 2 , 5 0 0 . 0 0 $ 5 , 0 0 0 . 0 0 $ 5 , 0 0 0 . 0 0 $ 4 , 9 5 0 . 0 0 $ 4 , 9 5 0 . 0 0 $ 3 , 8 0 0 . 0 0 $ 3 , 8 0 0 . 0 0 $ 6,000.00$ 6,000.00$ 2,400.00$ 2,400.00$ 1,540.00$ 1,540.00$ 4. 3 St r a i g h t C u r b R e s t o r a t i o n LF 1 8 0 1 7 . 0 0 $ 3 , 0 6 0 . 0 0 $ 3 0 . 0 0 $ 5 , 4 0 0 . 0 0 $ 2 5 . 0 0 $ 4 , 5 0 0 . 0 0 $ 2 8 . 0 0 $ 5 , 0 4 0 . 0 0 $ 30.00$ 5,400.00$ 13.75$ 2,475.00$ 25.00$ 4,500.00$ 4. 4 Va l l e y G u t t e r C u r b ( B r e n t w o o d D r i v e O u t f a l l ) LF 2 0 2 5 . 0 0 $ 5 0 0 . 0 0 $ 3 4 . 0 0 $ 6 8 0 . 0 0 $ 2 5 . 0 0 $ 5 0 0 . 0 0 $ 1 0 0 . 0 0 $ 2 , 0 0 0 . 0 0 $ 30.00$ 600.00$ 40.00$ 800.00$ 27.00$ 540.00$ 4. 5 Co n c r e t e D r i v e w a y R e s t o r a t i o n SF 2 5 0 8 . 0 0 $ 2 , 0 0 0 . 0 0 $ 7 . 5 0 $ 1 , 8 7 5 . 0 0 $ 8 . 0 0 $ 2 , 0 0 0 . 0 0 $ 5 . 0 0 $ 1 , 2 5 0 . 0 0 $ 7.00$ 1,750.00$ 5.90$ 1,475.00$ 6.80$ 1,700.00$ 4. 6 Re m o v e & R e s e t P a r k i n g L o t L i g h t i n g LS 1 1 1 , 0 0 0 . 0 0 $ 1 1 , 0 0 0 . 0 0 $ 5 , 0 0 0 . 0 0 $ 5 , 0 0 0 . 0 0 $ 9 , 5 5 0 . 0 0 $ 9 , 5 5 0 . 0 0 $ 3 7 , 5 0 0 . 0 0 $ 3 7 , 5 0 0 . 0 0 $ 17,250.00$ 17,250.00$ 30,000.00$ 30,000.00$ 4,585.00$ 4,585.00$ 4. 7 Re c o n s t r u c t C o n c r e t e S l a b ( M a t c h E x i s t i n g Th i c k n e s s ) CY 3 0 1 7 5 . 0 0 $ 5 , 2 5 0 . 0 0 $ 3 0 0 . 0 0 $ 9 , 0 0 0 . 0 0 $ 2 9 5 . 0 0 $ 8 , 8 5 0 . 0 0 $ 2 5 0 . 0 0 $ 7 , 5 0 0 . 0 0 $ 200.00$ 6,000.00$ 755.00$ 22,650.00$ 160.00$ 4,800.00$ 4. 8 Re s e t E x i s t i n g B o l l a r d s / C o n s t r u c t N e w B o l l a r d s LS 1 7 , 0 0 0 . 0 0 $ 7 , 0 0 0 . 0 0 $ 5 , 0 0 0 . 0 0 $ 5 , 0 0 0 . 0 0 $ 2 , 1 5 0 . 0 0 $ 2 , 1 5 0 . 0 0 $ 1 , 5 0 0 . 0 0 $ 1 , 5 0 0 . 0 0 $ 1,000.00$ 1,000.00$ 8,600.00$ 8,600.00$ 3,120.00$ 3,120.00$ SU B - T O T A L 15 9 , 5 7 0 . 0 0 $ 2 7 6 , 8 1 5 . 0 0 $ 1 6 6 , 5 9 0 . 0 0 $ 2 1 0 , 1 7 0 . 0 0 $ 87,555.00$ 384,677.50$ 191,604.00$ 5. 0 Tr e e R e m o v a l ( i f n e e d e d a n d C i t y a p p r o v a l LA N D S C A P E & S O D D I N G 5. 1 Tr e e R e m o v a l ( i f n e e d e d a n d C i t y a p p r o v a l pr o v i d e d ) EA 3 40 0 . 0 0 $ 1 , 2 0 0 . 0 0 $ 7 5 0 . 0 0 $ 2 , 2 5 0 . 0 0 $ 1 , 7 5 0 . 0 0 $ 5 , 2 5 0 . 0 0 $ 1 , 0 0 0 . 0 0 $ 3 , 0 0 0 . 0 0 $ 1,000.00$ 3,000.00$ 1,200.00$ 3,600.00$ 1,450.00$ 4,350.00$ 5. 2 Tr e e R e l o c a t i o n EA 2 30 0 . 0 0 $ 6 0 0 . 0 0 $ 7 5 0 . 0 0 $ 1 , 5 0 0 . 0 0 $ 1 , 5 5 0 . 0 0 $ 3 , 1 0 0 . 0 0 $ 3 , 5 0 0 . 0 0 $ 7 , 0 0 0 . 0 0 $ 1,200.00$ 2,400.00$ 1,800.00$ 3,600.00$ 300.00$ 600.00$ 5. 3 T r e e B a r r i c a d e ( w / C u s h i o n i n g S u r f a c e ) L F 2 2 5 6. 0 0 $ 1 , 3 5 0 . 0 0 $ 2 . 0 0 $ 4 5 0 . 0 0 $ 1 2 . 0 0 $ 2 , 7 0 0 . 0 0 $ 1 0 . 0 0 $ 2 , 2 5 0 . 0 0 $ 12.00$ 2,700.00$ 24.30$ 5,467.50$ 19.25$ 4,331.25$ 5. 4 R o o t P r u n i n g LF 1 0 0 11 . 0 0 $ 1 , 1 0 0 . 0 0 $ 1 0 . 0 0 $ 1 , 0 0 0 . 0 0 $ 5 5 . 0 0 $ 5 , 5 0 0 . 0 0 $ 1 0 . 0 0 $ 1 , 0 0 0 . 0 0 $ 12.00$ 1,200.00$ 12.00$ 1,200.00$ 15.30$ 1,530.00$ 5. 5 Re s e t E x i s t i n g F e n c i n g & M a i l b o x e s ( B r e n t w o o d Dr i v e O u t f a l l ) LS 1 2, 5 0 0 . 0 0 $ 2 , 5 0 0 . 0 0 $ 3 , 5 0 0 . 0 0 $ 3 , 5 0 0 . 0 0 $ 1 , 5 7 5 . 0 0 $ 1 , 5 7 5 . 0 0 $ 3 , 5 0 0 . 0 0 $ 3 , 5 0 0 . 0 0 $ 2,000.00$ 2,000.00$ 3,085.00$ 3,085.00$ 1,750.00$ 1,750.00$ 5. 6 S o d d i n g SF 5, 7 0 0 0. 7 0 $ 3 , 9 9 0 . 0 0 $ 0 . 7 5 $ 4 , 2 7 5 . 0 0 $ 0 . 7 5 $ 4 , 2 7 5 . 0 0 $ 0 . 5 0 $ 2 , 8 5 0 . 0 0 $ 0.50$ 2,850.00$ 0.66$ 3,762.00$ 0.70$ 3,990.00$ SU B - T O T A L 1 0 , 7 4 0 . 0 0 $ 1 2 , 9 7 5 . 0 0 $ 2 2 , 4 0 0 . 0 0 $ 1 9 , 6 0 0 . 0 0 $ 14,150.00$ 20,714.50$ 16,551.25$ 1, 4 2 6 , 2 6 0 . 0 0 $ 1 , 7 4 2 , 5 1 5 . 0 0 $ 1 , 6 5 6 , 8 4 1 . 0 0 $ 1 , 3 5 1 , 9 9 5 . 0 0 $ 1,640,551.15$ 1,618,479.50$ 1,267,355.25$ 6. 0 14 2 , 6 2 6 . 0 0 $ 1 7 4 , 2 5 1 . 5 0 $ 1 6 5 , 6 8 4 . 1 0 $ 1 3 5 , 1 9 9 . 5 0 $ 164,055.12$ 161,847.95$ 126,735.53$ 1, 5 6 8 , 8 8 6 . 0 0 $ 1 , 9 1 6 , 7 6 6 . 5 0 $ 1 , 8 2 2 , 5 2 5 . 1 0 $ 1 , 4 8 7 , 1 9 4 . 5 0 $ 1,804,606.27$ 1,780,327.45$ 1,394,090.78$ 7. 0 7. 1 By p a s s i n g o f S a n i t a r y F l o w s LS 1 1 0 0 0 0 1 0 , 0 0 0 . 0 0 $ 4 , 5 0 0 . 0 0 $ 4 , 5 0 0 . 0 0 $ 1 , 7 7 5 . 0 0 $ 1 , 7 7 5 . 0 0 $ 6 , 8 0 0 . 0 0 $ 6 , 8 0 0 . 0 0 $ 4,500.00$ 4,500.00$ 8,475.00$ 8,475.00$ 5,980.00$ 5,980.00$ 7. 2 Co n s t r u c t P r e c a s t C o n c r e t e S a n i t a r y M a n h o l e (4 ' - D i a m e t e r ) EA 1 8 0 0 0 8 , 0 0 0 . 0 0 $ 5 , 3 0 0 . 0 0 $ 5 , 3 0 0 . 0 0 $ 4 , 9 5 0 . 0 0 $ 4 , 9 5 0 . 0 0 $ 8 , 0 0 0 . 0 0 $ 8 , 0 0 0 . 0 0 $ 6,900.00$ 6,900.00$ 5,070.00$ 5,070.00$ 7,880.00$ 7,880.00$ Co n n e c t t o E x i s t i n g S a n i t a r y M a n h o l e / M o d i f y SE W E R SU B - T O T A L S T O R M W A T E R ( 1 . 1 - 5 . 6 ) 10 % O W N E R ' S C O N T I N G E N C Y ( S T O R M W A T E R ) UT I L I T I E S TO T A L S T O R M W A T E R ( 1 . 1 - 6 . 0 ) 7. 3 Co n n e c t t o E x i s t i n g S a n i t a r y M a n h o l e / M o d i f y Be n c h EA 2 1 5 0 0 3 , 0 0 0 . 0 0 $ 2 , 0 0 0 . 0 0 $ 4 , 0 0 0 . 0 0 $ 1 , 5 7 5 . 0 0 $ 3 , 1 5 0 . 0 0 $ 1 , 5 0 0 . 0 0 $ 3 , 0 0 0 . 0 0 $ 1,000.00$ 2,000.00$ 700.00$ 1,400.00$ 900.00$ 1,800.00$ 8" P V C ( S D R - 3 5 ) S a n i t a r y S e w e r LF 3 2 5 9 0 2 9 , 2 5 0 . 0 0 $ 5 7 . 0 0 $ 1 8 , 5 2 5 . 0 0 $ 3 5 . 0 0 $ 1 1 , 3 7 5 . 0 0 $ 4 0 . 0 0 $ 1 3 , 0 0 0 . 0 0 $ 63.00$ 20,475.00$ 77.15$ 25,073.75$ 60.00$ 19,500.00$ 7. 5 Sa n i t a r y L a t e r a l R e l o c a t i o n / R e p l a c e m e n t (4 " & 6 " ) LF 9 0 8 0 7 , 2 0 0 . 0 0 $ 3 0 . 0 0 $ 2 , 7 0 0 . 0 0 $ 3 5 . 0 0 $ 3 , 1 5 0 . 0 0 $ 2 6 . 0 0 $ 2 , 3 4 0 . 0 0 $ 50.00$ 4,500.00$ 50.70$ 4,563.00$ 37.00$ 3,330.00$ Attachment number 1 \nPage 2 of 3 Item # 14 BI D I T E M S U N I T Q T Y U N I T P R I C E A M O U N T U N I T P R I C E A M O U N T U N I T PR I C E A M O U N T U N I T P R I C E A M O U N T U N I T P R I C E A M O U N T U N I T P RICEAMOUNTUNIT PRICEAMOUNT TR O P I C H I L L S P H A S E I I I 1 1 - 0 0 4 0 - E N STEVE'S EXCAVATINGRAM EXCAVATINGROWLANDS, INC. QR C , I N C MT M C O N T R A C T O R S GI B B S & R E G I S T E R K A M M I N G A & R O O D V O E T S 57 , 4 5 0 . 0 0 $ 3 5 , 0 2 5 . 0 0 $ 2 4 , 4 0 0 . 0 0 $ 3 3 , 1 4 0 . 0 0 $ 38,375.00$ 44,581.75$ 38,490.00$ 7. 6 5, 7 4 5 . 0 0 $ 3 , 5 0 2 . 5 0 $ 2 , 4 4 0 . 0 0 $ 3 , 3 1 4 . 0 0 $ 3,837.50$ 4,458.18$ 3,849.00$ 63 , 1 9 5 . 0 0 $ 3 8 , 5 2 7 . 5 0 $ 2 6 , 8 4 0 . 0 0 $ 3 6 , 4 5 4 . 0 0 $ 42,212.50$ 49,039.93$ 42,339.00$ 7. 7 6" D . I . P . P o t a b l e W a t e r M a i n Re l o c a t i o n / R e p l a c e m e n t ( R e s t r a i n A s - N e e d e d ) LF 1 1 0 8 5 . 0 0 $ 9 , 3 5 0 . 0 0 $ 9 4 . 0 0 $ 1 0 , 3 4 0 . 0 0 $ 4 5 . 0 0 $ 4 , 9 5 0 . 0 0 $ 3 8 . 0 0 $ 4 , 1 8 0 . 0 0 $ 115.00$ 12,650.00$ 47.50$ 5,225.00$ 49.00$ 5,390.00$ 7. 8 Re s t r a i n E x i s t i n g P o t a b l e W a t e r M a i n J o i n t s EA 3 1 0 0 0 3 , 0 0 0 . 0 0 $ 3 0 0 . 0 0 $ 9 0 0 . 0 0 $ 3 5 0 1 , 0 5 0 . 0 0 $ 1 5 0 . 0 0 $ 4 5 0 . 0 0 $ 5001,500.00$ 590.00$ 1,770.00$ 140.00$ 420.00$ 7. 9 Du c t i l e I r o n F i t t i n g s TO N 0 . 2 1 0 , 0 0 0 . 0 0 $ 2 , 0 0 0 . 0 0 $ 8 , 1 0 0 . 0 0 $ 1 , 6 2 0 . 0 0 $ 5 , 5 0 0 . 0 0 $ 1 , 1 0 0 . 0 0 $ $ 1 4 , 0 0 0 . 0 0 2 , 8 0 0 . 0 0 $ 100002,000.00$ 19,150.00$ 3,830.00$ 11,550.00$ 2,310.00$ 7. 1 Co n s t r u c t F i r e H y d r a n t EA 1 4 5 0 0 4 , 5 0 0 . 0 0 $ 3 , 4 0 0 . 0 0 $ 3 , 4 0 0 . 0 0 $ 3 9 5 0 3 , 9 5 0 . 0 0 $ $ 3 , 8 0 0 . 0 0 3 , 8 0 0 . 0 0 $ 26152,615.00$ 3,735.00$ 3,735.00$ 2,620.00$ 2,620.00$ 7. 1 1 Co n s t r u c t 6 " G a t e V a l v e EA 1 1 , 0 0 0 . 0 0 $ 1 , 0 0 0 . 0 0 $ 7 9 0 7 9 0 . 0 0 $ 7 7 5 7 7 5 . 0 0 $ 9 0 0 . 0 0 $ 9 0 0 . 0 0 $ 16501,650.00$ 13251,325.00$ 1,025.00$ 1,025.00$ 19 , 8 5 0 . 0 0 $ 1 7 , 0 5 0 . 0 0 $ 1 1 , 8 2 5 . 0 0 $ 1 2 , 1 3 0 . 0 0 $ 20,415.00$ 15,885.00$ 11,765.00$ 7. 1 2 10 % O W N E R S C O N T I N G E N C Y ( W A T E R ) L S 1 1, 9 8 5 . 0 0 $ 1 , 7 0 5 . 0 0 $ 1 , 1 8 2 . 5 0 $ 1 , 2 1 3 . 0 0 $ 2,041.50$ 1,588.50$ 1,176.50$ 21 , 8 3 5 . 0 0 $ 1 8 , 7 5 5 . 0 0 $ 1 3 , 0 0 7 . 5 0 $ 1 3 , 3 4 3 . 0 0 $ 22,456.50$ 17,473.50$ 12,941.50$ 85 , 0 3 0 . 0 0 $ 57 , 2 8 2 . 5 0 $ 39 , 8 4 7 . 5 0 $ 49,797.00$ 64,669.00$ 66,513.43$ 55,280.50$ 10 % O W N E R ' S C O N T I N G E N C Y ( S E W E R ) TO T A L S E W E R ( 7 . 1 - 7 . 6 ) WA T E R SU B - T O T A L S E W E R ( 7 . 1 - 7 . 5 ) SU B - T O T A L W A T E R ( 7 . 7 - 7 . 1 1 ) TO T A L W A T E R ( 7 . 7 - 7 . 1 2 ) TO T A L U T I L I T I E S ( 7 . 1 - 7 . 1 2 ) 85 , 0 3 0 . 0 0 $ 57 , 2 8 2 . 5 0 $ 39 , 8 4 7 . 5 0 $ 49,797.00$ 64,669.00$ 66,513.43$ 55,280.50$ 1, 6 5 3 , 9 1 6 . 0 0 $ 1 , 9 7 4 , 0 4 9 . 0 0 $ 1 , 8 6 2 , 3 7 2 . 6 0 $ 1 , 5 3 6 , 9 9 1 . 5 0 $ 1,869,275.27$ 1,846,840.88$ 1,449,371.28$ TO T A L B I D F O R C O N S T R U C T I O N ( 1 . 1 - 7 . 1 2 ) TO T A L U T I L I T I E S ( 7 . 1 - 7 . 1 2 ) Attachment number 1 \nPage 3 of 3 Item # 14 Attachment number 2 \nPage 1 of 19 Item # 14 Attachment number 2 \nPage 2 of 19 Item # 14 Attachment number 2 \nPage 3 of 19 Item # 14 Attachment number 2 \nPage 4 of 19 Item # 14 Attachment number 2 \nPage 5 of 19 Item # 14 Attachment number 2 \nPage 6 of 19 Item # 14 Attachment number 2 \nPage 7 of 19 Item # 14 Attachment number 2 \nPage 8 of 19 Item # 14 Attachment number 2 \nPage 9 of 19 Item # 14 Attachment number 2 \nPage 10 of 19 Item # 14 Attachment number 2 \nPage 11 of 19 Item # 14 Attachment number 2 \nPage 12 of 19 Item # 14 Attachment number 2 \nPage 13 of 19 Item # 14 Attachment number 2 \nPage 14 of 19 Item # 14 Attachment number 2 \nPage 15 of 19 Item # 14 Attachment number 2 \nPage 16 of 19 Item # 14 Attachment number 2 \nPage 17 of 19 Item # 14 Attachment number 2 \nPage 18 of 19 Item # 14 Attachment number 2 \nPage 19 of 19 Item # 14 CHINABERRY Old T a m p a B a y AVE AVE AVE AVE AVE AVE AVE EDENVILLE AVE BURNICE DR BLVD DR BLVD DR SUMMERLIN DR FAIRBANKS SUMMERLIN FAIRBANKS GLENANN DR MORELAND HARN DICKENSON MORELAND BRENTWOOD DRIVE DR FLUSHING HERMITAGE FRUITLAND GRENADA EVERGLADES CARACAS DRIFTWOOD AVE TROPIC HILLS DR Pearce Dr SR-55 BURMA DR BYPASS EVELYN FERNWOOD AVE KILMER RD ST EVELYN AVE EDENVILLE RD AVE SHELLEY ST SEVILLE Altira BLVD SR-60 HARBO R SKY HAMPTON OLD COACHMAN RD Phase IPhase II Phase III TROPIC HILLS PHASE III Prepared by:Engineering DepartmentGeographic Technology Division100 S. Myrtle Ave, Clearwater, FL 33756Ph: (727)562-4750, Fax: (727)526-4755www.MyClearwater.com PROJECTSITE MBK PV N.T.S.310A 20-29s-16e 3/27/2013Drawn By:Reviewed By: S - T - RGrid # Date: Scale: Tropic HillsPhase III Path: V:\GIS\Engineering\Location Maps\Tropic Hills PHASE III.mxd Attachment number 3 \nPage 1 of 1 Item # 14 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Approve a $252,000.00 Blanket Purchase Order, from May 1, 2013 through April 30, 2014, to Water Specialists Technologies LLC, of Sanford, FL for the purchase of copper precipitant TR-50, and authorize the appropriate officials to execute same. (consent) SUMMARY: The City of Clearwater owns and operates three Water Reclamation Facilities (WRF) and must comply with regulatory requirements as set forth in the operating permits issued through the Florida Department of Environmental Protection (FDEP). TR-50 is a copper precipitant that is used to maintain permit compliance for copper removal limitations in effluent discharged into receiving surface waters. The FDEP permitted effluent limit is 3.7 parts per billion. TR-50 is a proprietary, sole source product. It was selected for use in 2006 after an extensive engineering study was undertaken to find the product best capable of allowing the City’s facilities to meet FDEP permit requirements while not causing any toxicity, creating any chemical interaction side effects, and being the most cost-effective.Sole source purchase of this chemical meets all requirements of Section 2.564 (1)(b) of the Code of Ordinances. Water Specialists Technologies (WST) is the sole source and manufacturer of TR-50. They hold patent number 4,943,377 for Thio-Red, a method for removing dissolved heavy metals from waste oils, industrial wastewaters, or any polar solvent. Thio-Red is the primary ingredient in TR-50, and Water Specialists Technologies is the sole manufacturer of this product. WST does not currently have any other TR-50 distributors within the state of Florida. WST has held Clearwater’s discounted price ($0.55/lb.) for TR-50 at or below their distributors’ pricing for many years. The attached letter reflects pricing, our arrangement for the return of used totes (an offer that is not extended to any of their other customers), and WST’s continued regard of Clearwater as a preferred customer. This product has met all expectations and has performed very well. It has not exhibited any toxicity and has not created any chemical interaction related ill-effects. The plants have met the permit-required FDEP copper limitation ever since the chemical began being used. Sufficient budget is available in the Water and Sewer Utility Fund operating cost center 0421-01351-551000-535-000-0000, WPC Operations, to fund $105,000.00 of the current year cost and is planned in the budget request to be brought forward for Fiscal Year 13/14 in the amount of $147,000.00. Type:Operating Expenditure Current Year Budget?:Yes Budget Adjustment:None Budget Adjustment Comments: Current Year Cost:$105,000.00 Annual Operating Cost: Not to Exceed:Total Cost:$252,000.00 For Fiscal Year:FY12 to FY13 Appropriation Code Amount Appropriation Comment 0421-01351-551000-535- 000-0000 $105,000.00FY12/13 0421-01351-551000-535-$147,000.00FY13/14 Cover Memo Item # 15 000-0000 Bid Required?:No Bid Number: Other Bid / Contract:Bid Exceptions:Sole Source Review Approval: 1) Office of Management and Budget 2) Legal 3) Clerk 4) Purchasing 5) Clerk 6) Assistant City Manager 7) City Manager 8) Clerk Cover Memo Item # 15 DATE: April 1, 2013 TO: City of Clearwater ATTN: Dave Porter, WET Manager SUBJ: TR-50 Water Specialists Technologies is the sole source and manufacturer of TR-50, the City of Clearwater’s long-standing waste water treatment chemistry. We hold patent number 4,943,377 for Thio-Red, a method for removing dissolved heavy metals from waste oils, industrial wastewaters, or any polar solvent. Thio-Red is the primary ingredient in TR- 50, and Water Specialists Technologies is the sole manufacturer of this product. We do not currently have any other TR-50 distributor within the state of Florida. The shipping costs provided to Water Specialists Technologies by our LTL carriers are in turn reflected in Clearwater’s lower in-state freight charges. Your sales representative (and Water Specialists Technologies’ owner), Dean Schmelter, has held Clearwater’s discounted price for this chemistry at or below our distributors’ pricing for many years. It reflects both our arrangment for the return of your used totes (an offer that is not extended to any of our other customers), and our continued regard of Clearwater as a preferred customer. Current pricing of TR-50 in 2580 pound 275 gallon totes remains at $0.55/lb. Please call if you have any questions, or if there is anything else you need to set up a blanket purchase order with us again this year. We look forward to continuing to serve you in the future, and appreciate your business. Pam McKenzie Business Manager 1515 Kastner Place, Sanford, FL 32771 * 407-321-7910 * fax: 407-321-3098 Attachment number 1 \nPage 1 of 1 Item # 15 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Approve a Blanket Purchase Order to T. Wayne Hill Trucking, Inc., of Bartow, FL in the amount of $1,636,000.08 for biosolids services for a one-year period with two optional annual extensions, and authorize the appropriate officials to execute same. (consent) SUMMARY: The City of Clearwater’s Water Reclamation Facilities (WRF) produces a residual product (biosolids) that requires hauling and disposal. The City’s current contract for the hauling and disposal of these biosolids expires April 30, 2013. In response to the Request for Proposal 14-13 (RFP), three responses were received March 18, 2013. T. Wayne Hill Trucking, Inc. represented the lowest responsive bidder for Base Bid Services at $24.46/wet ton for stabilized biosolids cake removal and disposal and $0.03/gallon for unstabilized liquid sludge transport. The contractor is required to provide two basic services: (1) to remove and dispose of stabilized (Class B) dewatered biosolids; and (2) to transport unstabilized liquid domestic wastewater residuals from the City’s East WRF to the Northeast WRF for treatment and dewatering. In addition, alternate services as outlined in the RFP, and for which unit prices were provided in the contractor’s bid, may be provided at the City’s direction should specific emergency conditions develop at one or more of our facilities. The contractor accepts full responsibility and liability for the hauling and disposal of residuals from the points of loading from the source facility, in accordance with Chapter 62-640, F.A.C., and shall be responsible to comply with existing Florida Department of Environmental Protection (FDEP), and the United States Environmental Protection Agency (USEPA) residuals treatment and disposal regulations, all other applicable federal, state and local regulations, and any changes made to these regulations during the contract period. Sufficient budget is available in the Water and Sewer Utility Fund operating cost center 0421-01351-530300-535-000-0000, WPC Operations, to fund $228,591.79 of the remainder of the current year cost of this contract and is planned in the budget request to be brought forward for Fiscal Year 13/14 in the amount of $545,333.36, for Fiscal Year 14/15 in the amount of $545,333.36, and for Fiscal Year 15/16 in the amount of $316,741.57. Type:Operating Expenditure Current Year Budget?:Yes Budget Adjustment:None Budget Adjustment Comments: Current Year Cost:$228,591.79 Annual Operating Cost:$545,333.36 Not to Exceed:Total Cost:$1,636,000.08 For Fiscal Year:2013 to 2016 Appropriation Code Amount Appropriation Comment 421-01351-530300-535- 000-0000 $228,591.79 FY12/13 421-01351-530300-535- 000-0000 $545,333.36 FY13/14 421-01351-530300-535- 000-0000 $545,333.36 FY14/15 Cover Memo Item # 16 421-01351-530300-535- 000-0000 $316,741.57 FY15/16 Bid Required?:Yes Bid Number:RFP 14-13 Other Bid / Contract:Bid Exceptions:None Review Approval: 1) Office of Management and Budget 2) Legal 3) Clerk 4) Purchasing 5) Clerk 6) Assistant City Manager 7) City Manager 8) Clerk Cover Memo Item # 16 REQUEST FOR PROPOSAL RFP 14-13 Proposers: HH H&H LIQUID SLUDGE DISPOSAL, INC.AMS APPLACHIAN MATERIAL SERVICE, INC. 6990 US HIGHWAY 27 P.O. BOX 97 BRANFORD, FL 32008 TERRA CEIA, FL 34250-0097 STEVE HACHT or RICK HACHT JON WIMPY 800.653.0386 941.776.8706 TWH T. WAYNE HILL TRUCKING, INC. 595 W. SUMMERLIN STREET BARTOW, FL 33830 DOUGLAS W. HILL 863.519.6677 Proposal Prices:TWHHHAMS Cost Basis Base Bid - Stabilized Cake To LA $/Wet Ton 24.46$ 36.48$ 39.73$ Base Bid - Unstab. Liq. East to NE $/Gallon 0.0300$ 0.0350$ 0.0439$ Alt - Class B Cake Incorporated $/Wet Ton 54.00$ N/A 47.73$ FOR THE CITY OF CLEARWATER BIOSOLIDS SERVICES Alt - Unstab. Cake to RMF $/Wet Ton 54.00$ 47.67$ 61.89$ (Class B stabilized not meeting vector)$/Wet Ton 36.48$ Alt - Unstab. Cake to LF $/Wet Ton 54.00$ 52.10$ 61.89$ Alt - Unstab. Liqd. Marsh. To NE $/Gallon 0.0400$ N/A 0.0439$ Alt - Unstab. Liqd. East to Marsh.$/Gallon 0.0400$ N/A 0.0439$ Weekly 156 Weeks TWH Base Bid Items Total: 9,532.60$ 1,487,085.60$ HH Base Bid Items Total:13,583.80$ 2,119,072.80$ AMS Base Bid Items Total:15,169.80$ 2,366,488.80$ ADVERTISED: TAMPA BAY TIMES 2/16/2013 myclearwater.com 2/14/2013 - 3/18/2013 Attachment number 1 \nPage 1 of 1 Item # 16 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Approve the annexation, initial Future Land Use Map designations of Residential Low (RL), Preservation (P) and Drainage Feature Overlay and initial Zoning Atlas designations of Low Medium Density Residential (LMDR) and Preservation (P) districts for 1861 and 1880 Diane Drive; 1744 Evans Drive; 1716 and 1733 Grove Drive; 1765 Lucas Drive; 1806 Marilyn Drive; 1848 and 1851 Skyland Drive; 2720 and 2724 Morningside Drive; and 2724 and 2728 Woodring Drive (all parcels are located in Section 05, Township 29 South, Range 16 East); and pass Ordinances 8392-13, 8393-13 and 8394-13 on first reading. (ATA2013-01001) SUMMARY: The City of Clearwater Planning and Development Department identified an area within the Clearwater Planning Area with a large concentration of properties with Agreements to Annex (ATAs) that are eligible for annexation. These properties are located east of U.S. Highway 19, north of State Road 590 and south of Sunset Point Road. Subdivisions in this area include Virginia Grove Terrace and Carlton Terrace. The Department identified a total of 189 properties in this area that could be annexed through a phased approach over the next several years, and to date 146 properties have been annexed. This application, which has been identified as Phase E of the overall annexation project, includes 13 of the 189 properties. Current or previous owners of these properties entered into ATAs between 1983 and 2011 to obtain sanitary sewer service. The Planning and Development Department is initiating this project to bring the properties into the City’s jurisdiction in compliance with the terms and conditions set forth in the agreements. The Phase E properties are occupied by 13 detached dwellings on 2.57 acres of land. It is proposed that approximately 1.64 acres ofright-of-way throughout this area on Woodring Drive, Grove Drive, Lucas Drive, Marilyn Drive, Skyland Drive, and Terrace Drive right-of-way not currently within the city limits also be annexed (please refer to the attached annexation map for the specific locations). It is proposed that the 13 properties be assigned a future land use map designation of Residential Low (RL). A major drainage ditch traverses one of these properties (1744 Evans Drive) for which the Preservation (P) and Drainage Feature Overlay designations are proposed consistent with the ditch boundaries. It is proposed that all parcels be assigned the zoning designation of Low Medium Density Residential (LMDR) District. In addition, it is proposed the property with the drainage ditch also be assigned the Preservation (P) zoning category. The Planning and Development Department has determined that the proposed annexation is consistent with the provisions of Community Development Code Section 4-604.E as follows: · The properties currently receive sanitary sewer service from the City and water service from Pinellas County. Collection of solid waste will be provided by the City. The properties are located within Police District III and service will be administered through the district headquarters located at 2851 N. McMullen Booth Road. Fire and emergency medical services will be provided to these properties by Station 48 located at 1700 Belcher Road. The City has adequate capacity to serve the properties with solid waste, police, fire and EMS service. Water service will continue to be provided by Pinellas County. The proposed annexations will not have an adverse effect on public facility levels of service; and · The proposed annexation is consistent with and promotes the following objectives and policy of the Clearwater Comprehensive Plan: Policy A.7.1.3: Invoke agreements to annex where properties located within enclaves meet the contiguity requirements of Florida Statutes Chapter 171. Objective A.6.4: Due to the built-out character of the City of Clearwater, compact urban development within the urban service area shall be promoted through application of the Clearwater Community Development Code. Objective A.7.2: Diversify and expand the City’s tax base through the annexation of a variety of land uses located within the Clearwater Planning Area. · The proposed Residential Low (RL), Preservation (P) and Drainage Feature Overlay Future Land Use Map categories are consistent with the current Countywide Plan designation of the properties. The Residential Low (RL) designation primarily permits residential uses at a density of 5.0 units per acre. The Preservation (P) and Drainage Feature Overlay categories proposed to be applied to one property (1744 Evans Drive) recognize the watershed and drainage feature on the property. The proposed zoning districts to be assigned to the properties are the Low Medium Density Residential (LMDR) District and Preservation (P) District. The uses of the subject Cover Memo Item # 17 properties are consistent with the uses allowed in the Low Medium Density Residential (LMDR) District. All of the properties meet the minimum dimensional requirements of the Low Medium Density Residential (LMDR) District; therefore, the proposed annexation is consistent with the Countywide Plan, Clearwater Comprehensive Plan, and Clearwater Community Development Code; and · The properties proposed for annexation are contiguous to existing City boundaries along at least one property boundary; therefore, the annexations are consistent with Florida Statutes Chapter 171.044. Review Approval:1) Office of Management and Budget 2) Legal 3) Clerk 4) Assistant City Manager 5) City Manager 6) Clerk Cover Memo Item # 17 LOCATION MAP Owner MULTIPLE OWNERS Case: ATA2013-01001 Site: DIANE AREA PHASE E: Multiple lots south of Sunset Point Road, east of US 19 and north of SR 590 (see next page) Property Size (Acres): Rights-of-way (Acres): 2.57 acres 1.64 acres Land Use Zoning PIN: Parcels—see next page From: To: RL, P (County) R-3 (County) RL, P / Drainage Feature LMDR, P (City) Overlay (City) Atlas Page: 264A TERRACE DR D R CIR WOODRING SOUTH DR HARBOR DR OWEN OWEN DR SKYLAND LUCAS EVANS DR DR MARILYN DR DR AUD RE Y CARLTON Co a c h m a n DR CARDINAL Pl a z a AUDREY DR CA RD INAL DR MORNINGSIDE N TERRACE DR D R CR-576 SPR DIANE GROVE DR THOMAS DR DR DIANE ANTHONY DRDR ST CROIX EL TRINIDAD ST JOHN S T E TER D Winwood Dr C SA ST CR DR SR-590 SUNSET POINT RD [ PROJECT SITE -N o t t o S c a l e - -N o t a S u r v e y - Attachment number 1 \nPage 1 of 11 Item # 17 AERIAL PHOTOGRAPH Owner MULTIPLE OWNERS Case: ATA2013-01001 Site: DIANE AREA PHASE E: Multiple lots south of Sunset Point Road, east of US 19 and north of SR 590 (see next page) Property Size (Acres): Rights-of-way (Acres): 2.57 acres 1.64 acres Land Use Zoning PIN: Parcels—see next page From: To: RL, P (County) R-3 (County) RL, P / Drainage Feature LMDR, P (City) Overlay (City) Atlas Page: 264A 1716 1733 1765 1744 27242720 1806 1848 1851 18 61 1880 2 7 2 8 2 7 2 4 SR 590 SR 590 EVANS DR EVANS DR OW EN DR OW EN DR LUCAS DR LUCAS DR MORNINGSID E D R MO RNIN GSIDE DR SOUTH DR SOUTH DR DIANE DR DIANE DR GROVE DR GROVE DR WOODRING DR WOODRING DR AUDREY DR AUDREY DR ST. CROIX DR ST. CROIX DR THOMAS DR THOMAS DR TERRACE DR TERRACE DR EL TRINDAD DR E EL TRINDAD DR E SKYLAND DR SKYLAND DR MARILYN DR MA RILYN DR ST. A NT H O N Y D R S T. A N TH ONY D R CARDINAL DR CARDINAL DR DIAN E TER DIANE T ER N T ERRACE DR N TERRACE DR WINWOOD DR WINWOOD DR AUDREY DR AUDREY DR OWEN DR OWEN DR -N o t t o S c a l e - -N o t a S u r v e y - Attachment number 1 \nPage 2 of 11 Item # 17 PROPOSED ANNEXATION MAP Owner MULTIPLE OWNERS Case: ATA2013-01001 Site: DIANE AREA PHASE E: Multiple lots south of Sunset Point Road, east of US 19 and north of SR 590 (see next page) Property Size (Acres): Rights-of-way (Acres): 2.57 acres 1.64 acres Land Use Zoning PIN: Parcels—see next page From: To: RL, P (County) R-3 (County) RL, P / Drainage Feature LMDR, P (City) Overlay (City) Atlas Page: 264A 60 6 0 60 60 6 0 50 50 50 50 50 50 60 60 60 60 60 6 0 50 50 50 50 50 60 66 66 66 66 66 66 66 66 66 66 66 60 60 60 6 0 60 50 50 50 30 30 50 66 6 0 3536 13554 71424 94392 94374 94356 94338 94320 94410 21092 98470 B F K D E E G H I J L A 7 6 6 5 5 44 2 2 3 3 3 3 3 1 A A B C D J 2 1 2 3 7 8 9 10 11 17181920212223 24 25 2627 34 5 6 7 8 91011121314 1 23 4 5 6 7 8 9 10 11 12 13 14 151617181920 0 1 2 13 4 5 6 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 1 2 3 4 5 6 7 89 10 11 12 13 14 15 16 17 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 12345 6 789 10 1 23456 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 2223 24 25 26 27 28 29 30 31 32 33 34 35 3637 38 39 40 41 42 43 44 45 46 47 48 49 5051 52 53 54 55 56 57 58 59 60 61 62 63 6465 66 67 68 69 70 71 72 73 74 75 76 77 78 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 12345678910111213141516 1 2 3 4 5 6 7 8 9 10 11 12 13 14 1516 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 12 13 14 1516 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 12 13 14 1516 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 12 13 14 1516 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 1920212223 24 25 26 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 1516 17 18 19 20 21 22 23 24 25 1 2 3 4 5 6 7 8 9 10 11 25 26 27 28 29 30 31 32 33 1 3 24 5 6 7 8 9 10 11 12 13 14 15 16 1 2 345 6 7 8 9 101112131415 16 1 2 3 4 5 6 7 8 910 11 12 13141516171819 31/01 5.85 14.75 42/01 42/02 25.9 60 5060 5050 60 50 5060 606060 8496012021341 20 4391234567891011 1 TRACT A 22/01 A C(C) A C(C) 1 1 1 A C 1716 1733 1765 1744 27242720 1806 1848 1851 18 61 1880 2 7 2 8 2 7 2 4 SR 590 EVANS DR OW EN DR LUCAS DR SOUTH DR MO RNIN GSIDE DR DIANE DR GROVE DR WOODRING DR AUDREY DR ST. CROIX DR THOMAS DR TERRACE DR EL TRINDAD DR E SKYLAND DR MARILYN DR CARDINAL DR DIANE TER N TERRACE DR AUDREY DR OWEN DR -N o t t o S c a l e - -N o t a S u r v e y - Attachment number 1 \nPage 3 of 11 Item # 17 FUTURE LAND USE MAP Owner MULTIPLE OWNERS Case: ATA2013-01001 Site: DIANE AREA PHASE E: Multiple lots south of Sunset Point Road, east of US 19 and north of SR 590 (see next page) Property Size (Acres): Rights-of-way (Acres): 2.57 acres 1.64 acres Land Use Zoning PIN: Parcels—see next page From: To: RL, P (County) R-3 (County) RL, P / Drainage Feature LMDR, P (City) Overlay (City) Atlas Page: 264A P* 1716 1733 1765 1744 27242720 1806 1848 1851 18 61 1880 2 7 2 8 2 7 2 4 IRL RL RLRLRL RLRLRL RL RU RL RU RL RL RL RL RL RU RL RL RL RM RL RL RM P RL P RU RU RL RURLRLRU RU RU RL RU RU RU RL SR 590 EVAN S D R OW EN DR LUCAS DR SOUTH DR MO RNIN GSIDE DR DIANE DR GROVE DR WOODRING DR AUDREY DR ST. CROIX DR THOMAS DR TERRACE DR EL TRINDAD DR E SKYLAND DR MARILYN DR DIANE TER N TERRACE DR WINWOOD DR AUDREY DR OWEN DR -N o t t o S c a l e - -N o t a S u r v e y - * - Parcel 1744 Evans Dr. has “P” (Preservation) and Drainage Feature Overlay classifications in the rear of the property. Attachment number 1 \nPage 4 of 11 Item # 17 ZONING MAP Owner MULTIPLE OWNERS Case: ATA2013-01001 Site: DIANE AREA PHASE E: Multiple lots south of Sunset Point Road, east of US 19 and north of SR 590 (see next page) Property Size (Acres): Rights-of-way (Acres): 2.57 acres 1.64 acres Land Use Zoning PIN: Parcels—see next page From: To: RL, P (County) R-3 (County) RL, P / Drainage Feature LMDR, P (City) Overlay (City) Atlas Page: 264A P* 1716 1733 1765 1744 27242720 1806 1848 1851 18 61 1880 2 7 2 8 2 7 2 4 SR 590 EVANS DR OW EN DR LUCAS DR SOUTH DR MO RNIN GSIDE DR DIANE DR GROVE DR WOODRING DR AUDREY DR ST. CROIX DR THOMAS DR TERRACE DR EL TRINDAD DR E SKYLAND DR MARILYN DR S T. A N THONY D R CARDINAL DR DIANE TER N TERRACE DR WINWOOD DR AUDREY DR OWEN DR LMDR O LMDR P P MDR -N o t t o S c a l e - -N o t a S u r v e y - * - Parcel 1744 Evans Dr. has Zoning “P” (Preservation) in the rear of the properties *Parcel at 1744 Evans  Dr. will have “P”  (Preservation) zoning in  the rear of the property  to reflect corresponding  Future Land Use  designation.  Attachment number 1 \nPage 5 of 11 Item # 17 EXISTING SURROUNDING USES MAP Owner MULTIPLE OWNERS Case: ATA2013-01001 Site: DIANE AREA PHASE E: Multiple lots south of Sunset Point Road, east of US 19 and north of SR 590 (see next page) Property Size (Acres): Rights-of-way (Acres): 2.57 acres 1.64 acres Land Use Zoning PIN: Parcels—see next page From: To: RL, P (County) R-3 (County) RL, P / Drainage Feature LMDR, P (City) Overlay (City) Atlas Page: 264A 60 6 0 60 60 6 0 50 50 50 50 50 50 60 60 60 60 60 6 0 50 50 50 50 50 60 66 66 66 66 66 66 66 66 66 66 66 60 60 60 6 0 60 50 50 50 30 30 50 66 6 0 3536 13554 71424 94392 94374 94356 94338 94320 94410 21092 98470 B F K D E E G H I J L A 7 6 6 5 5 44 2 2 3 3 3 3 3 1 A A B C D J 2 1 2 3 7 8 9 10 11 17181920212223 24 25 2627 34 5 6 7 8 91011121314 1 23 4 5 6 7 8 9 10 11 12 13 14 151617181920 0 1 2 13 4 5 6 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 1 2 3 4 5 6 7 89 10 11 12 13 14 15 16 17 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 12345 6 789 10 1 23456 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 2223 24 25 26 27 28 29 30 31 32 33 34 35 3637 38 39 40 41 42 43 44 45 46 47 48 49 5051 52 53 54 55 56 57 58 59 60 61 62 63 6465 66 67 68 69 70 71 72 73 74 75 76 77 78 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 12345678910111213141516 1 2 3 4 5 6 7 8 9 10 11 12 13 14 1516 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 12 13 14 1516 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 12 13 14 1516 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 12 13 14 1516 17 18 19 20 21 22 23 24 25 26 27 28 29 30 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 1920212223 24 25 26 2 1 2 3 4 5 6 7 8 9 10 11 12 13 14 1516 17 18 19 20 21 22 23 24 25 1 2 3 4 5 6 7 8 9 10 11 25 26 27 28 29 30 31 32 33 1 3 24 5 6 7 8 9 10 11 12 13 14 15 16 1 2 345 6 7 8 9 101112131415 16 1 2 3 4 5 6 7 8 910 11 12 13141516171819 31/01 5.85 14.75 42/01 42/02 25.9 60 5060 5050 60 50 5060 606060 8496012021341 20 4391234567891011 1 TRACT A 22/01 A C(C) A C(C) 1 1 1 A C 1716 1733 1765 1744 27242720 1806 1848 1851 18 61 1880 2 7 2 8 2 7 2 4 SR 590 EVANS DR OW EN DR LUCAS DR SOUTH DR MO RNIN GSIDE DR DIANE DR GROVE DR WOODRING DR AUDREY DR ST. CROIX DR THOMAS DR TERRACE DR EL TRINDAD DR E SKYLAND DR MARILYN DR CARDINAL DR DIANE TER N TERRACE DR AUDREY DR OWEN DR -N o t t o S c a l e - -N o t a S u r v e y - Single Family Residential Single Family Residential Attachment number 1 \nPage 6 of 11 Item # 17 LEGAL DESCRIPTIONS ATA2013‐01001 (Diane Area ATAs, Phase E) -------------------------------------------------------------------------------------------------------------------------------------------- Parcel ID Legal Description Address 05-29-16-13554-010-0010 Lot 1, Block J 1861 Diane Drive 05-29-16-13554-006-0100 Lot 10, Block F 1880 Diane Drive 05-29-16-13554-007-0100 Lot 10, Block G 1806 Marilyn Drive 05-29-16-13554-008-0080 Lot 8, Block H 2720 Morningside Drive 05-29-16-13554-008-0090 Lot 9, Block H 2724 Morningside Drive 05-29-16-13554-008-0170 Lot 17, Block H 1848 Skyland Drive 05-29-16-13554-009-0010 Lot 1, Block I 1851 Skyland Drive 05-29-16-13554-006-0150 Lot 15, Block F 2724 Woodring Drive 05-29-16-13554-006-0140 Lot 14, Block F 2728 Woodring Drive together with: All Right of Way of Woodring Drive abutting Lot 15, Block F thru Lot 1, Block J, and all Right of Way of Skyland Dr. abutting Lot 1, Block I, and Lot 9, Block H, and all Right of Way of Marilyn Dr. abutting Lot 8, Block H all the above in Carlton Terrace First Addition subdivision, as recorded in Plat Book 43 on Page 39, of the Public Records of Pinellas County, Florida. -------------------------------------------------------------------------------------------------------------------------------------------- Parcel ID Legal Description Address 05-29-16-94338-004-0050 Lot 5, Block 4 1716 Grove Dr. 05-29-16-94338-002-0220 Lot 22, Block 2 1733 Grove Dr. together with: All Right of Way of Grove Drive abutting Lot 5, Block 4 all the above in Virginia Grove Terrace First Addition subdivision, as recorded in Plat Book 37 on Page 62, of the Public Records of Pinellas County, Florida. -------------------------------------------------------------------------------------------------------------------------------------------- Parcel ID Legal Description Address 05-29-16-94374-005-0160 Lot 16, Block 5 1765 Lucas Dr. together with: All Right of Way of Lucas Drive and Terrace Drive abutting Lot 16, Block 5 all the above in Virginia Grove Terrace Third Addition subdivision, as recorded in Plat Book 37 on Page 74, of the Public Records of Pinellas County, Florida. -------------------------------------------------------------------------------------------------------------------------------------------- Parcel ID Legal Description Address 05-29-16-94392-007-0120 Lot 12, Block 7 1744 Evans Dr. all the above in Virginia Grove Terrace Fourth Addition subdivision, as recorded in Plat Book 37 on Page 75, of the Public Records of Pinellas County, Florida. -------------------------------------------------------------------------------------------------------------------------------------------- Attachment number 1 \nPage 7 of 11 Item # 17 1861 Diane Drive1880 Diane Drive 1806 Marilyn Drive2720 Morningside Drive 2724 Morningside Drive1848 SkylandDrivegy ATA2013-01001 “Diane” Area –Phase E (13 lots) Generally located south of Sunset Point Road, east of US 19, and north of State Road 590 Page 1 of 4 Attachment number 1 \nPage 8 of 11 Item # 17 1851 SkylandDrive2724 WoodringDrive 2728 WoodringDrive1716 Grove Drive 1733 Grove Drive1765 Lucas DriveATA2013-01001 “Diane” Area –Phase E (13 lots) Generally located south of Sunset Point Road, east of US 19, and north of State Road 590 Page 2 of 4 Attachment number 1 \nPage 9 of 11 Item # 17 1744 Evans DriveLooking westerly along WoodringDrive Looking easterly along WoodringDriveLooking northerly along Marilyn Drive Looking southerly along SkylandDriveLooking northerly along SkylandDrive ATA2013-01001 “Diane” Area –Phase E (13 lots) Generally located south of Sunset Point Road, east of US 19, and north of State Road 590 Page 3 of 4 Attachment number 1 \nPage 10 of 11 Item # 17 Looking southerly along Evans DriveLooking southerly along Lucas Drive Looking easterly along Terrace DriveLooking northerly along Grove Drive ATA2013-01001 “Diane” Area –Phase E (13 lots) Generally located south of Sunset Point Road, east of US 19, and north of State Road 590 Page 4 of 4 Attachment number 1 \nPage 11 of 11 Item # 17 Ordinance No. 8392-13 ORDINANCE NO. 8392-13 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, ANNEXING CERTAIN REAL PROPERTY LOCATED GENERALLY EAST OF US HIGHWAY 19, NORTH OF SR 590, AND SOUTH OF SUNSET POINT ROAD, CONSISTING OF A PORTION OF SECTION 5, TOWNSHIP 29 SOUTH, RANGE 16 EAST, WHOSE POST OFFICE ADDRESSES ARE 1861 AND 1880 DIANE DRIVE, 1806 MARILYN DRIVE, 2720 AND 2724 MORNINGSIDE DRIVE, 1848 AND 1851 SKYLAND DRIVE, 2724 AND 2728 WOODRING DRIVE, 1716 AND 1733 GROVE DRIVE, 1765 LUCAS DRIVE AND 1744 EVANS DRIVE TOGETHER WITH ALL RIGHT OF WAY OF WOODRING DRIVE ABUTTING LOT 15, BLOCK F THRU LOT 1, BLOCK J, AND ALL RIGHT OF WAY OF SKYLAND DRIVE ABUTTING LOT 1, BLOCK I, AND LOT 9, BLOCK H, AND ALL RIGHT OF WAY OF MARILYN DRIVE ABUTTING LOT 8, BLOCK H IN CARLTON TERRACE FIRST ADDITION SUBDIVISION; ALL RIGHT OF WAY OF GROVE DRIVE ABUTTING LOT 5, BLOCK 4, IN VIRGINIA GROVE TERRACE FIRST ADDITION SUBDIVISION; ALL RIGHT OF WAY OF LUCAS DRIVE AND TERRACE DRIVE ABUTTING LOT 16, BLOCK 5, IN VIRGINIA GROVE TERRACE THIRD ADDITION SUBDIVISION INTO THE CORPORATE LIMITS OF THE CITY, AND REDEFINING THE BOUNDARY LINES OF THE CITY TO INCLUDE SAID ADDITION; PROVIDING AN EFFECTIVE DATE. WHEREAS, the owner of the real property described herein and depicted on the map attached hereto as Exhibit B has petitioned the City of Clearwater to annex the property into the City pursuant to Section 171.044, Florida Statutes, and the City has complied with all applicable requirements of Florida law in connection with this ordinance; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CLEARWATER, FLORIDA: Section 1. The following-described property is hereby annexed into the City of Clearwater and the boundary lines of the City are redefined accordingly: See attached legal descriptions, Exhibit A. (ATA2013-01001) The map attached as Exhibit B is hereby incorporated by reference. Attachment number 2 \nPage 1 of 4 Item # 17 Ordinance No. 8392-13 Section 2. The provisions of this ordinance are found and determined to be consistent with the City of Clearwater Comprehensive Plan. The City Council hereby accepts the dedication of all easements, parks, rights-of-way and other dedications to the public, which have heretofore been made by plat, deed or user within the annexed property. The City Engineer, the City Clerk and the Planning and Development Director are directed to include and show the property described herein upon the official maps and records of the City. Section 3. This ordinance shall take effect immediately upon adoption. The City Clerk shall file certified copies of this ordinance, including the map attached hereto, with the Clerk of the Circuit Court and with the County Administrator of Pinellas County, Florida, within 7 days after adoption, and shall file a certified copy with the Florida Department of State within 30 days after adoption. PASSED ON FIRST READING PASSED ON SECOND AND FINAL READING AND ADOPTED ________________________________ George N. Cretekos Mayor Approved as to form: Attest: ___________________________ ____________________________________ Leslie K. Dougall-Sides Rosemarie Call Assistant City Attorney City Clerk Attachment number 2 \nPage 2 of 4 Item # 17 Attachment number 2 \nPage 3 of 4 Item # 17 Attachment number 2 \nPage 4 of 4 Item # 17 Ordinance No. 8393-13 ORDINANCE NO. 8393-13 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, AMENDING THE FUTURE LAND USE PLAN ELEMENT OF THE COMPREHENSIVE PLAN OF THE CITY, TO DESIGNATE THE LAND USE FOR CERTAIN REAL PROPERTY LOCATED GENERALLY EAST OF US HIGHWAY 19, NORTH OF SR 590, AND SOUTH OF SUNSET POINT ROAD, CONSISTING OF A PORTION OF SECTION 5, TOWNSHIP 29 SOUTH, RANGE 16 EAST, WHOSE POST OFFICE ADDRESSES ARE 1861 AND 1880 DIANE DRIVE, 1806 MARILYN DRIVE, 2720 AND 2724 MORNINGSIDE DRIVE, 1848 AND 1851 SKYLAND DRIVE, 2724 AND 2728 WOODRING DRIVE, 1716 AND 1733 GROVE DRIVE, 1765 LUCAS DRIVE AND 1744 EVANS DRIVE TOGETHER WITH ALL RIGHT OF WAY OF WOODRING DRIVE ABUTTING LOT 15, BLOCK F THRU LOT 1, BLOCK J, AND ALL RIGHT OF WAY OF SKYLAND DRIVE ABUTTING LOT 1, BLOCK I, AND LOT 9, BLOCK H, AND ALL RIGHT OF WAY OF MARILYN DRIVE ABUTTING LOT 8, BLOCK H IN CARLTON TERRACE FIRST ADDITION SUBDIVISION; ALL RIGHT OF WAY OF GROVE DRIVE ABUTTING LOT 5, BLOCK 4, IN VIRGINIA GROVE TERRACE FIRST ADDITION SUBDIVISION; ALL RIGHT OF WAY OF LUCAS DRIVE AND TERRACE DRIVE ABUTTING LOT 16, BLOCK 5, IN VIRGINIA GROVE TERRACE THIRD ADDITION SUBDIVISION, UPON ANNEXATION INTO THE CITY OF CLEARWATER, AS RESIDENTIAL LOW (RL), PRESERVATION (P), AND DRAINAGE FEATURE OVERLAY; PROVIDING AN EFFECTIVE DATE. WHEREAS, the amendment to the future land use plan element of the comprehensive plan of the City as set forth in this ordinance is found to be reasonable, proper and appropriate, and is consistent with the City's comprehensive plan; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CLEARWATER, FLORIDA: Section 1. The future land use plan element of the comprehensive plan of the City of Clearwater is amended by designating the land use category for the hereinafter described property, upon annexation into the City of Clearwater, as follows: Property Land Use Category See attached legal descriptions, Exhibit A Residential Low (RL) (ATA2013- 01001) Preservation (P) Drainage Feature Overlay The map attached as Exhibit B is hereby incorporated by reference. Section 2. The City Council does hereby certify that this ordinance is consistent with the City’s comprehensive plan. Attachment number 3 \nPage 1 of 4 Item # 17 Ordinance No. 8393-13 Section 3. This ordinance shall take effect immediately upon adoption, contingent upon and subject to the adoption of Ordinance No. 8392-13. PASSED ON FIRST READING _____________________ PASSED ON SECOND AND FINAL _____________________ READING AND ADOPTED __________________________ George N. Cretekos Mayor Approved as to form: Attest: __________________________ __________________________ Leslie K. Dougall-Sides Rosemarie Call Assistant City Attorney City Clerk Attachment number 3 \nPage 2 of 4 Item # 17 Attachment number 3 \nPage 3 of 4 Item # 17 Attachment number 3 \nPage 4 of 4 Item # 17 Ordinance No. 8394-13 ORDINANCE NO. 8394-13 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, AMENDING THE ZONING ATLAS OF THE CITY BY ZONING CERTAIN REAL PROPERTY LOCATED GENERALLY EAST OF US HIGHWAY 19, NORTH OF SR 590, AND SOUTH OF SUNSET POINT ROAD, CONSISTING OF A PORTION OF SECTION 5, TOWNSHIP 29 SOUTH, RANGE 16 EAST, WHOSE POST OFFICE ADDRESSES ARE 1861 AND 1880 DIANE DRIVE, 1806 MARILYN DRIVE, 2720 AND 2724 MORNINGSIDE DRIVE, 1848 AND 1851 SKYLAND DRIVE, 2724 AND 2728 WOODRING DRIVE, 1716 AND 1733 GROVE DRIVE, 1765 LUCAS DRIVE AND 1744 EVANS DRIVE TOGETHER WITH ALL RIGHT OF WAY OF WOODRING DRIVE ABUTTING LOT 15, BLOCK F THRU LOT 1, BLOCK J, AND ALL RIGHT OF WAY OF SKYLAND DRIVE ABUTTING LOT 1, BLOCK I, AND LOT 9, BLOCK H, AND ALL RIGHT OF WAY OF MARILYN DRIVE ABUTTING LOT 8, BLOCK H IN CARLTON TERRACE FIRST ADDITION SUBDIVISION; ALL RIGHT OF WAY OF GROVE DRIVE ABUTTING LOT 5, BLOCK 4, IN VIRGINIA GROVE TERRACE FIRST ADDITION SUBDIVISION; ALL RIGHT OF WAY OF LUCAS DRIVE AND TERRACE DRIVE ABUTTING LOT 16, BLOCK 5, IN VIRGINIA GROVE TERRACE THIRD ADDITION SUBDIVISION; UPON ANNEXATION INTO THE CITY OF CLEARWATER, AS LOW MEDIUM DENSITY RESIDENTIAL (LMDR) AND PRESERVATION (P); PROVIDING AN EFFECTIVE DATE. WHEREAS, the assignment of a zoning district classification as set forth in this ordinance is found to be reasonable, proper and appropriate, and is consistent with the City's comprehensive plan; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CLEARWATER, FLORIDA: Section 1. The following described property located in Pinellas County, Florida, is hereby zoned as indicated upon annexation into the City of Clearwater, and the zoning atlas of the City is amended, as follows: Property Zoning District See attached legal descriptions, Low Medium Density Exhibit A Residential (LMDR) (ATA2013-01001) Preservation (P) The map attached as Exhibit B is hereby incorporated by reference. Attachment number 4 \nPage 1 of 4 Item # 17 Ordinance No. 8394-13 Section 2. The City Engineer is directed to revise the zoning atlas of the City in accordance with the foregoing amendment. Section 3. This ordinance shall take effect immediately upon adoption, contingent upon and subject to the adoption of Ordinance No. 8392-13. PASSED ON FIRST READING ___________________________ PASSED ON SECOND AND FINAL ___________________________ READING AND ADOPTED _______________________________ George N. Cretekos Mayor Approved as to form: Attest: __________________________ ______________________________ Leslie K. Dougall-Sides Rosemarie Call Assistant City Attorney City Clerk Attachment number 4 \nPage 2 of 4 Item # 17 Attachment number 4 \nPage 3 of 4 Item # 17 Attachment number 4 \nPage 4 of 4 Item # 17 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Approve the Annexation, Initial Land Use Plan Designation of Residential Low (RL) and Initial Zoning Atlas Designation of Low Medium Density Residential (LMDR) District for 1825 Carlton Drive (Lot 4, Block C, Carlton Terrace in Section 5, Township 29 South, Range 16 East); and pass Ordinances 8389-13, 8390-13 and 8391-13 on first reading. (ANX2013-01002) SUMMARY: This voluntary annexation petition involves a 0.176-acre property consisting of one parcel of land occupied by a single-family dwelling. It is located on the east side of Carlton Drive, approximately 233 feet south of Woodring Drive. The applicant is requesting this annexation in order to receive sanitary sewer and solid waste service from the City. The property is located within an enclave and is contiguous to existing City boundaries to the west. It is proposed that the property be assigned a Future Land Use Plan designation of Residential Low (RL) and a zoning category of Low Medium Density Residential (LMDR). The Planning and Development Department determined that the proposed annexation is consistent with the provisions of Community Development Code Section 4-604.E as follows: The property currently receives water service from the City. The closest sanitary sewer line is located in the adjacent Carlton Drive right-of-way. The applicant has paid the City's sewer impact and assessment fees and is aware of the additional costs to extend City sewer service to this property. Collection of solid waste will be provided by the City of Clearwater. The property is located within Police District III and service will be administered through the district headquarters located at 2851 N. McMullen Booth Road. Fire and emergency medical services will be provided to this property by Station 48 located at 1700 N. Belcher Road. The City has adequate capacity to serve this property with sanitary sewer, solid waste, police, fire and EMS service. The proposed annexation will not have an adverse effect on public facilities and their levels of service; and The proposed annexation is consistent with and promotes the following objective of the Clearwater Comprehensive Plan: Objective A.6.4 Due to the built-out character of the City of Clearwater, compact urban development within the urban service area shall be promoted through application of the Clearwater Community Development Code. Objective A.7.2 Diversify and expand the City’s tax base through the annexation of a variety of land uses located within the Clearwater Planning Area. Policy A.7.2.3 Continue to process voluntary annexations for single-family residential properties upon request. The proposed RL Future Land Use Plan category is consistent with the current Countywide Plan designation of this property. This designation primarily permits residential uses at a density of 5 units per acre. The proposed zoning district to be assigned to the property is the Low Medium Density Residential (LMDR) District. The use of the subject property is consistent with the uses allowed in the District and the property exceeds the District’s minimum dimensional requirements. The proposed annexation is therefore consistent with the Countywide Plan and the City’s Comprehensive Plan and Community Development Code; and The property proposed for annexation is contiguous to existing City boundaries to the west; therefore, the annexation is consistent with Florida Statutes Chapter 171.044. Review Approval:1) Office of Management and Budget 2) Legal 3) Clerk 4) Assistant City Manager 5) City Manager 6) Clerk Cover Memo Item # 18 S:\Planning Department\C D B\Annexations (ANX)\Active Cases\Carlton Drive 1825 ANX2013-01002 - Granata\Maps\ANX2013- 01002 Location Map.doc SKYLINE LAWSON TERRACE E R U NSTAG DR D R CIR WOODRING SOUTH DR HARBOR DR OWEN OWEN DR SKYLAND LUCAS EVANS DR DR MARILYN DR DR AUDREY CARLTON B L V D Co a c h m a n DR CARDINAL Pl a z a AUDREY DR CARDINAL DR MORNINGSIDE N TERRACE DR D R C DIANE GROVE DR THOMAS DR DR DIANE TER Winwood Dr DR DR HAAS AVE ROBINWOOD SR-590 SUNSET POINT RD [ PROJECT SITE U S H IG H W A Y 1 9 N S R 5 5 -N o t t o S c a l e - -N o t a S u r v e y - LOCATION MAP Owner: Granata, Joseph and Kelly Case: ANX2013-01002 Site: 1825 Carlton Drive Property Size (Acres): 0.176 acres Land Use Zoning PIN: 05-29-16-13536-003-0040 From : To: RL R-3 RL LMDR Atlas Page: 264A Attachment number 1 \nPage 1 of 7 Item # 18 S:\Planning Department\C D B\Annexations (ANX)\Active Cases\Carlton Drive 1825 ANX2013-01002 - Granata\Maps\ANX2013- 01002 Aerial Photograph.doc US 19 US 19 SOUTH DR SOUTH DR CARLTON DR CARLTON DR AUDREY D R AUDREY DR CARDINAL DR CARDINAL DR WOODRING DR WOODRING DR MORNIN GSID E D R MO RNINGSIDE DR AUDREY DR AUDREY D R -N o t t o S c a l e - -N o t a S u r v e y - AERIAL PHOTOGRAPH Owner: Granata, Joseph and Kelly Case: ANX2013-01002 Site: 1825 Carlton Drive Property Size (Acres): 0.176 acres Land Use Zoning PIN: 05-29-16-13536-003-0040 From : To: RL R-3 RL LMDR Atlas Page: 264A Attachment number 1 \nPage 2 of 7 Item # 18 S:\Planning Department\C D B\Annexations (ANX)\Active Cases\Carlton Drive 1825 ANX2013-01002 - Granata\Maps\ANX2013- 01002 Proposed Annexation Map.doc SEE PLAT FOR DIMENSIONS* 100 66 60 60 60 60 50 50 50 50 13536 B C D E A 78910 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 161718192021 22 23 123 4 5 6 7 8 910111213141516 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 1 2 3 4 5 6 7 8 17 1 23456 32/01 1.04 3.28 32/02 32/03 2.88 33/01 32/021 100 100 151.15 146.65 100 153.68 41/01 ) 1 A C A C(C) A C(C) US 19 SOUTH DR CARLTON DR AUDREY DR CARDINAL DR WOODRING DR MO RNINGSIDE DR 239 238 236 26 3 7 26 7 1 26 4 3 26 4 9 26 5 4 26 6 5 26 5 9 26 7 7 26 2 5 1818 1836 1807 1813 1819 1831 1837 1807 1815 1821 1825 1831 1837 1800 1812 1830 1836 26 6 5 2672 1813 1819 1825 1831 2674 2670 2664 2658 2652 2675 2641 2665 2671 2653 2647 1836 1860 2612 2618 2624 2634 2636 2642 2648 2654 2660 2666 2672 1837 2675 1866 1854 1848 1842 1830 1812 1806 1804 1800 1806 1865 2635 2645 2650 1801 1824 1818 1800 2631 1843 23837 23611 237 1812 1824 1830 1824 1807 2659 2684 2646 2640 2634 1818 1806 1825 -N o t t o S c a l e - -N o t a S u r v e y - PROPOSED ANNEXATION MAP Owner: Granata, Joseph and Kelly Case: ANX2013-01002 Site: 1825 Carlton Drive Property Size (Acres): 0.176 acres Land Use Zoning PIN: 05-29-16-13536-003-0040 From : To: RL R-3 RL LMDR Atlas Page: 264A Attachment number 1 \nPage 3 of 7 Item # 18 S:\Planning Department\C D B\Annexations (ANX)\Active Cases\Carlton Drive 1825 ANX2013-01002 - Granata\Maps\ANX2013- 01002 Future Land Use Map.doc R/O/R RL RL RL RL RL RM CG RL CL RU R/O/R CL US 19 SOUTH DR CARLTON DR AUDREY D R CARDINAL DR WOODRING DR MO RNINGSIDE DR AUDREY DR 239 238 236 26 3 7 26 7 1 26 4 3 26 4 9 26 5 4 26 6 5 26 5 9 26 7 7 26 2 5 1812 1818 1824 1836 1830 1807 1813 1819 1831 1837 1807 1815 1821 1825 1831 1837 1800 1812 1824 1830 1836 26 6 5 2672 1807 1813 1819 1825 1831 2674 2670 2664 2658 2652 2675 2641 2659 2665 2671 2653 2647 1836 1860 2612 2618 2624 2634 2636 2648 2654 2660 2666 2672 2684 1837 2675 1866 1854 1848 1842 1830 1812 1806 1804 1800 1806 1865 2635 2645 2646 2640 2634 1818 1806 2650 1801 1818 1800 2631 1843 23837 23611 237 2642 1825 1824 -N o t t o S c a l e - -N o t a S u r v e y - FUTURE LAND USE MAP Owner: Granata, Joseph and Kelly Case: ANX2013-01002 Site: 1825 Carlton Drive Property Size (Acres): 0.176 acres Land Use Zoning PIN: 05-29-16-13536-003-0040 From : To: RL R-3 RL LMDR Atlas Page: 264A RL Attachment number 1 \nPage 4 of 7 Item # 18 S:\Planning Department\C D B\Annexations (ANX)\Active Cases\Carlton Drive 1825 ANX2013-01002 - Granata\Maps\ANX2013- 01002 Zoning Map.doc US 19 SOUTH DR CARLTON DR AUDREY D R CARDINAL DR WOODRING DR MO RNINGSIDE DR AUDREY DR C MDR LMDR LMDR LMDR LMDR LMDR 239 238 236 26 3 7 26 7 1 26 4 3 26 4 9 26 5 4 26 6 5 26 5 9 26 7 7 26 2 5 1812 1818 1824 1836 1830 1807 1813 1819 1831 1807 1815 1821 1825 1831 1837 1800 1812 1824 1830 1836 26 6 5 2672 1807 1813 1819 1825 1831 2674 2670 2664 2658 2652 2675 2641 2659 2665 2671 2653 2647 2624 26 34 2636 2642 2648 2654 2660 2666 2672 2684 1837 2675 1866 1854 1848 1842 1830 1812 1806 1804 1800 1806 1865 2635 2645 2646 2640 2634 1818 1806 2650 1801 1824 1818 1800 2631 1843 23837 23611 237 1837 1836 1860 2612 2618 1825 -N o t t o S c a l e - -N o t a S u r v e y - ZONING MAP Owner: Granata, Joseph and Kelly Case: ANX2013-01002 Site: 1825 Carlton Drive Property Size (Acres): 0.176 acres Land Use Zoning PIN: 05-29-16-13536-003-0040 From : To: RL R-3 RL LMDR Atlas Page: 264A LMDR Attachment number 1 \nPage 5 of 7 Item # 18 S:\Planning Department\C D B\Annexations (ANX)\Active Cases\Carlton Drive 1825 ANX2013-01002 - Granata\Maps\ANX2013- 01002 Existing Surrounding Uses Map.doc SEE PLAT FOR DIMENSIONS* 100 66 60 60 60 60 50 50 50 50 13536 B C D E A 78910 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 161718192021 22 23 123 4 5 6 7 8 910111213141516 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 1 2 3 4 5 6 7 8 17 1 23456 32/01 1.04 3.28 32/02 32/03 2.88 33/01 32/021 100 100 151.15 146.65 100 153.68 41/01 ) 1 A C A C(C) A C(C) US 19 SOUTH DR CARLTON DR AUDREY DR CARDINAL DR WOODRING DR MO RNINGSIDE DR 239 238 236 26 3 7 26 7 1 26 4 3 26 4 9 26 5 4 26 6 5 26 5 9 26 7 7 26 2 5 1818 1836 1807 1813 1819 1831 1837 1807 1815 1821 1825 1831 1837 1800 1812 1830 1836 26 6 5 2672 1813 1819 1825 1831 2674 2670 2664 2658 2652 2675 2641 2665 2671 2653 2647 1836 1860 2612 2618 2624 2634 2636 2642 2648 2654 2660 2666 2672 1837 2675 1866 1854 1848 1842 1830 1812 1806 1804 1800 1806 1865 2635 2645 2650 1801 1824 1818 1800 2631 1843 23837 23611 237 1812 1824 1830 1824 1807 2659 2684 2646 2640 2634 1818 1806 1825 -N o t t o S c a l e - -N o t a S u r v e y - EXISTING SURROUNDING USES MAP Owner: Granata, Joseph and Kelly Case: ANX2013-01002 Site: 1825 Carlton Drive Property Size (Acres): 0.176 acres Land Use Zoning PIN: 05-29-16-13536-003-0040 From : To: RL R-3 RL LMDR Atlas Page: 264A Single Family Homes Single Family Homes Multi Family Homes Truck Rental Vacant Commercial Va c a n t C o m m e r c i a l / O f f i c e Single Family Homes Attachment number 1 \nPage 6 of 7 Item # 18 ANX2013-01002 Granata, Joseph and Kelly 1825 Carlton Drive View looking east at the subject property, 1825 Carlton Drive North of the subject property Across the street, to the west of the subject property South of the subject property View looking northerly along Carlton Drive View looking southerly along Carlton Drive Attachment number 1 \nPage 7 of 7 Item # 18 Ordinance No. 8389 -13 ORDINANCE NO. 8389-13 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, ANNEXING CERTAIN REAL PROPERTY LOCATED ON THE EAST SIDE OF CARLTON DRIVE APPROXIMATELY 233 FEET SOUTH OF WOODRING DRIVE, CONSISTING OF LOT 4, BLOCK C, CARLTON TERRACE, WHOSE POST OFFICE ADDRESS IS 1825 CARLTON DRIVE, INTO THE CORPORATE LIMITS OF THE CITY, AND REDEFINING THE BOUNDARY LINES OF THE CITY TO INCLUDE SAID ADDITION; PROVIDING AN EFFECTIVE DATE. WHEREAS, the owner of the real property described herein and depicted on the map attached hereto as Exhibit A has petitioned the City of Clearwater to annex the property into the City pursuant to Section 171.044, Florida Statutes, and the City has complied with all applicable requirements of Florida law in connection with this ordinance; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CLEARWATER, FLORIDA: Section 1. The following-described property is hereby annexed into the City of Clearwater and the boundary lines of the City are redefined accordingly: Lot 4, Block C, Carlton Terrace, according to the plat thereof, as recorded in Plat Book 41, Page 16, of the Public Records of Pinellas County, Florida. (ANX2013-01002) The map attached as Exhibit A is hereby incorporated by reference. Section 2. The provisions of this ordinance are found and determined to be consistent with the City of Clearwater Comprehensive Plan. The City Council hereby accepts the dedication of all easements, parks, rights-of-way and other dedications to the public, which have heretofore been made by plat, deed or user within the annexed property. The City Engineer, the City Clerk and the Planning and Development Director are directed to include and show the property described herein upon the official maps and records of the City. Section 3. This ordinance shall take effect immediately upon adoption. The City Clerk shall file certified copies of this ordinance, including the map attached hereto, with the Clerk of the Circuit Court and with the County Administrator of Pinellas County, Florida, within 7 days after adoption, and shall file a certified copy with the Florida Department of State within 30 days after adoption. Attachment number 2 \nPage 1 of 3 Item # 18 Ordinance No. 8389 -13 PASSED ON FIRST READING PASSED ON SECOND AND FINAL READING AND ADOPTED ________________________________ George N. Cretekos Mayor Approved as to form: Attest: ___________________________ ____________________________________ Leslie K. Dougall-Sides Rosemarie Call Assistant City Attorney City Clerk Attachment number 2 \nPage 2 of 3 Item # 18 Attachment number 2 \nPage 3 of 3 Item # 18 Ordinance No. 8390-13 ORDINANCE NO. 8390-13 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, AMENDING THE FUTURE LAND USE PLAN ELEMENT OF THE COMPREHENSIVE PLAN OF THE CITY, TO DESIGNATE THE LAND USE FOR CERTAIN REAL PROPERTY LOCATED ON THE EAST SIDE OF CARLTON DRIVE APPROXIMATELY 233 FEET SOUTH OF WOODRING DRIVE, CONSISTING OF LOT 4, BLOCK C, CARLTON TERRACE, WHOSE POST OFFICE ADDRESS IS 1825 CARLTON DRIVE, UPON ANNEXATION INTO THE CITY OF CLEARWATER, AS RESIDENTIAL LOW (RL); PROVIDING AN EFFECTIVE DATE. WHEREAS, the amendment to the future land use plan element of the comprehensive plan of the City as set forth in this ordinance is found to be reasonable, proper and appropriate, and is consistent with the City's comprehensive plan; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CLEARWATER, FLORIDA: Section 1. The future land use plan element of the comprehensive plan of the City of Clearwater is amended by designating the land use category for the hereinafter described property, upon annexation into the City of Clearwater, as follows: Property Land Use Category Lot 4, Block C, Carlton Terrace according to the Residential Low (RL) plat thereof, as recorded in Plat Book 41, Page 16, of the Public Records of Pinellas County, Florida. (ANX2013-01002) The map attached as Exhibit A is hereby incorporated by reference. Section 2. The City Council does hereby certify that this ordinance is consistent with the City’s comprehensive plan. Section 3. This ordinance shall take effect immediately upon adoption, contingent upon and subject to the adoption of Ordinance No. 8389-13. PASSED ON FIRST READING _____________________ PASSED ON SECOND AND FINAL _____________________ READING AND ADOPTED __________________________ George N. Cretekos Mayor Approved as to form: Attest: __________________________ __________________________ Leslie K. Dougall-Sides Rosemarie Call Assistant City Attorney City Clerk Attachment number 3 \nPage 1 of 2 Item # 18 Attachment number 3 \nPage 2 of 2 Item # 18 Ordinance No. 8391-13 ORDINANCE NO. 8391-13 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, AMENDING THE ZONING ATLAS OF THE CITY BY ZONING CERTAIN REAL PROPERTY LOCATED ON THE EAST SIDE OF CARLTON DRIVE APPROXIMATELY 233 FEET SOUTH OF WOODRING DRIVE, CONSISTING OF LOT 4, BLOCK C, CARLTON TERRACE, WHOSE POST OFFICE ADDRESS IS 1825 CARLTON DRIVE, UPON ANNEXATION INTO THE CITY OF CLEARWATER, AS LOW MEDIUM DENSITY RESIDENTIAL (LMDR); PROVIDING AN EFFECTIVE DATE. WHEREAS, the assignment of a zoning district classification as set forth in this ordinance is found to be reasonable, proper and appropriate, and is consistent with the City's comprehensive plan; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CLEARWATER, FLORIDA: Section 1. The following described property located in Pinellas County, Florida, is hereby zoned as indicated upon annexation into the City of Clearwater, and the zoning atlas of the City is amended, as follows: Property Zoning District Lot 4, Block C, Carlton Terrace, according Low Medium Density to the plat thereof, as recorded in Plat Book Residential (LMDR) 41, Page 16, of the Public Records of Pinellas County, Florida. (ANX2013-01002) The map attached as Exhibit A is hereby incorporated by reference. Section 2. The City Engineer is directed to revise the zoning atlas of the City in accordance with the foregoing amendment. Section 3. This ordinance shall take effect immediately upon adoption, contingent upon and subject to the adoption of Ordinance No. 8389-13. PASSED ON FIRST READING ___________________________ PASSED ON SECOND AND FINAL ___________________________ READING AND ADOPTED _______________________________ George N. Cretekos Mayor Attachment number 4 \nPage 1 of 3 Item # 18 Ordinance No. 8391-13 Approved as to form: Attest: __________________________ ______________________________ Leslie K. Dougall-Sides Rosemarie Call Assistant City Attorney City Clerk Attachment number 4 \nPage 2 of 3 Item # 18 Attachment number 4 \nPage 3 of 3 Item # 18 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Appoint members to the Public Art and Design Board as follows: two members with terms to expire April 30, 2017 and one member to fill the remainder of an unexpired term to expire February 28, 2014. SUMMARY: APPOINTMENT WORKSHEET BOARD: Public Art and Design Board TERM: 4 years APPOINTED BY: City Council FINANCIAL DISCLOSURE: Not Required RESIDENCY REQUIREMENT: City of Clearwater resident except for the Clearwater Arts Alliance, Inc., formerly, Clearwater Arts Foundation, and the Pinellas County Arts Council representatives MEMBERS: 7 Liaison: Parks and Recreation CHAIRPERSON: Howard Warshauer MEETING DATE: Quarterly - March, June, Sep., Dec. TIME/PLACE: Long Center APPOINTMENTS NEEDED: 3 THE FOLLOWING BOARD MEMBER(S) HAVE TERMS WHICH EXPIRE AND NOW REQUIRE EITHER REAPPOINTMENT FOR A NEW TERM OR REPLACEMENT BY A NEW APPOINTEE: 1. Robert J. Entel – 521 Mandalay Ave., #902, 33767 - Physician Original Appointment: 2/18/10 (Resigning due to work conflicts) – (serving 1st term to expire 2/28/14) (Citizen) 2. John P. Timberlake – 2891 Sweetgum Way S., 33761 – Dir. Florida Operations Office: Phillies Florida LLC, 601 Old Coachman Rd. N., 33765 Original Appointment: 4/6/06 Interest in reappointment: No, moving out of Clearwater - (Ending 2nd term to expire 3/31/13) (Citizen) 3. Howard Warshauer – 808 Allen Dr., 33764 – Consultant Original Appointment: 4/6/06 (2 Absences in the last year) Interest in reappointment: Yes (Ending 2nd term to expire 3/31/13) (Citizen) THE FOLLOWING NAMES ARE BEING SUBMITTED FOR CONSIDERATION TO FILL THE ABOVE VACANCIES: 1. Carolyn Byrd - 2636 Brewton Ct., 33761 – Retired College Professor 2. Karen Cunningham - 2392 Stag Run Blvd., 33765 – Retired/MPO Planner 3. Bruce Dennis - 1851 Glenville, 33765 – Housing Mgt./BS Business Adm. 4. Phyllis Franklin - 1861 Venetian Pt. Dr., 33755 - Realtor 5. Laurie Meggesin - 1600 Walnut St., 33755 – Former Atty/Non profit Mgt and Consulting 6. Michael Potts -1155 Jackson Rd., 33755 – General Contractor/Inspector (Currently serving on NAHAB) 7. Eric Seiler - 2513 Dogwood Ct., 33761 – Construction Mgr. 8. Neale A. Stralow - 2257 Bascom Way, 33764 – Urban Planner/Landscape Architect Cover Memo Item # 19 Zip codes of current members: 1 – 33713 1 – 33755 1 – 33759 1 – 34683 Current Categories: 1 Architect; 1 Artist; 1 Pinellas County Arts Council; 1 Clearwater Arts Alliance, Inc. Review Approval:1) Clerk Cover Memo Item # 19 CITY OF CLEARWATER - APPLICATION FOR ADVISORY BOARDS must be Clearwater resident) Name: Carolyn Byrd Home Address:Office Address: 2636 Brewton Ct Clearwater Zip 33761 Zip Telephone: Telephone: Cell Phone: 786-1156 E-mail Address: tecebe @att.net How long a resident of Clearwater? 42 Years Occupation Retired College Professor Employer: Field of Education:Other WorkExperience: Seminole HS 3yrs B.S. Comprehensive Business Education, NC A&T UNIV Dunedin HS, 4yrs M.S. Human Resources Management, NOVA UNIV St. Petersburg College 28 Yrs If retired, former occupation: Division of Business Technologies, Clearwater Campus Community Activities: US Coast Guard Auxiliary - Clearwater Flotilla Sand Key Ruth Eckerd Hall Usher/volunteer, City of Clearwater Parks and RecreationNolunteer Other Interests: Disney Sports EnthusiastNolunteer Board Service (current and past): Board Preference: Current: Eckerd college 011ie Advisory Board Public Art and Design Board Past: Head Start of Pinellas County Additional Comments: Signature: 641,14,,,, Date:March 24, 2013 See attached list for boards that require financial disclosure at time of appointment. Please return this application and board questionnaire to the Official Records & Legislative Services Department, P. O. Box 4748, Clearwater, FL 33758-4748, or drop off your application at City Hall, 2nd Floor, 112 S. Osceola Avenue. Note: For boards requiring Clearwater residency, this application must be accompanied by a copy of one of the following: Current voter registration within city limits Valid current Florida Drivers' License issued to an address within city limits Declaration of Domicile filed with the city clerk affirming residency within city limits Attachment number 1 \nPage 1 of 2 Item # 19 BOARD QUESTIONNAIRE 1. What is your understanding of the board's duties and responsibilities? This seven- member board is tasked with developing guidelines, procedures and policies to administer Clearwater's Public Art & Design Program and present recommendations for public art purchases, commissions, and donations to the City Council. 2. Have you ever observed a board meeting either in person or on C-View, the City's TV station? Yes, I have viewed City Council and board meetings and attended several 3. What background and/or qualifications do you have that you feel would qualify you to serve on this Board? As you can see I have been a long time resident of Clearwater. I met my husband, Terry Byrd, here, had my two sons, Vincent & Chris here, worked and retired here. I have always had an interest and appreciation for the arts. I have taken many painting and photography classes here in Clearwater. The beauty of the city has been the subject of many of my paintings and photographs. My travels across the country and abroad always include tours of the city's architect and art museums. From the Schomberg Center in NY, Art Institute of Chicago, the Spoleto Festival in Charleston, to the Palace of Versailles and the Louvre in Paris, lust to name a few art fill places of the world I have had the pleasure of visiting. I feel my love for the city I live in and the many years of not only loving and appreciating the world of art but also learning and participating by creating art, qualifies me to serve on Clearwater's Public Art and Design Advisory Board. 4. Why do you want to serve on this Board? Because of my love for the city and it's beautification, by participating in keeping Clearwater the beautiful city that it is by serving on the Public Art and Design Advisory Board, would allow me an opportunity to share with the city how art has enlighten and been so benefitual to my life. Name: Board Name: Carol Byrd Attachment number 1 \nPage 2 of 2 Item # 19 CITY OF CLEARWATER -APPLICATION FOR ADVISORY BOARDS Name: Karen Cunningham Home Address: Office Address: 2392 Stag Run Blvd Clearwater, FL Zip 33765 Zip Telephone: 727-724-8809 Telephone: Cell Phone: 727-418-9803 E-mail Address: webfloateragmail.com How long a resident of Clearwater? 32 years (18 within City limits) Occupation: retired Employer: Field of Education: Other Work Experience: Undergraduate: Degrees in Education and in Interior Planner for Pinellas County MPO; teacher (middle Design, and a Masters Degree in school and adult education); commercial interior Communication (emphasis on public education designer/space planner, issues) If retired, former occupation: Recently retired after 11 years as a Program Planner for the Metropolitan Planning Organization (Planning Dept of Pinellas County Government). I was also assigned regional planning responsibilities. Community Activities: Presently, I lead the Progress Energy Trail study committee of my Coachman Ridge Neighborhood Homeowners Association, which is an Overlay District of the City of Clearwater. I also volunteer as a writing teacher and a group leader at the Aging Well Center at Clearwater's Long Center. Other Interests: Painting, drawing, writing. I participate as a student in various painting cases at the Dunedin Art Center and other facilities. I am recently retired, and I travel to Europe and to various ens ited States. I am currently restoring an Arts and Crafts bungalow in Brevard, North Carolina. L'1 ` La MAR 1 1 2013 Board Service (current and past): Board Preference: OFFICIAL RECOitba A,:<:1; At various times I served on Boards (Example League Public Arts and Design AdvisliirMatE givcs BE E of Women Voters). However, my position as a planner restricted that participation in recent years Additional Comments: In interior de - n courses, I studied history of art and architecture. As a planner, I learned to val - the •rinciple of economic development and livable communities. 1 ./ ISignatures -41 1 Date: March 9, 2013 Attachment number 2 \nPage 1 of 2 Item # 19 BOARD QUESTIONNAIRE l. What is your understanding of the board's duties and responsibilities? Develop guidelines, procedures and policies to administer Clearwater's Public Art & Design program, and work with other members to present recommendations for public art purchases, commissions, and donations to the City. 2. Have you ever observed a board meeting either in person or on C-View, the City's TV station? Yes. I was a planner for the Metropolitan Planning Organization (MPO)/Pinellas County Government. As such, I frequently observed board meetings of the MPO, and of the affiliated government agencies, including the City Council of Clearwater. I am also a member of the Coachman Ridge Homeowners Association, which gave me an interest in Clearwater's Board meetings. 3. What background and/or qualifications do you have that you feel would qualify you to serve on this Board? As a retired person, age 66, I have a varied professional background, including the fields of education, art and design and planning. My undergraduate degree was in teaching. I had 10 years experience, serving middle school to adult education levels. I then returned and got a degree in Interior Design from the Fashion Institute of Technology in New York, one of the most prestigious design schools in the nation. I studied interior design which included study of the history of architecture. I practiced commercial design and passed the NCIDQ qualifying exam, becoming a professional member of American Society of Interior Designers (A.S.I.D). The exam at that time had a heavy emphasis on designing for people with disabilities. I taught Interior Design at Pinellas Technical Education Center. After practicing interior design, I realized I wanted to return to academic studies and I completed my Masters Degree. This resulted in a new career in community development, and eventually in a position as a planner. I was promoted to the position of Program Planner, and during that time I took many training programs in planning, community development, environmental justice, etc. I continued my interest in art and design by taking many classes at the Dunedin Arts Center (pottery, painting, felting, etc.) 4. Why do you want to serve on this Board? My interest is in balancing art and design, with the need for economic development and livable communities. I believe my diverse background - namely my interest and education in art, architecture history and design — will be useful in this voluntary position. But my experience in identifying public needs and wants and responsibility for contributing to their implementation; and my realism concerning the financial limitations of governments will be equally valuable. Name:Karen Cunningham Board Name: Public Art and Design Advisory Attachment number 2 \nPage 2 of 2 Item # 19 M s CITY OF CLEARWATER -APPLICATION FOR ADVISORY BOARDS J must be Clearwater resident) Name: ,45-Ro ,e- Home Address: , Offic Address: 61 4-6 P1''' - dso 7'2 i.42_ Zip '33:761r yd °, ,0 Zip -337 Telephone: 4217 6c3, 1-0( Telephone:7 ' ? Cell Phone: E-mail Address: RG/C',11/53c) ,- 1;-* How long a resident of`Clearwater? /77/41 Occupation: / itf y itl77 Employer: <.1,r Field of Education: Other Work Experience: If retired, former occupation: Community Activities:‹ll Vol- M Z-vl 11-P z ere97 J4. e(57- VoLuivrtErt Other Interests: Board Service (current and past): Board Preference: i/J kw 1b O N f -P a av1 fdiv7 7 7(Al, J- /41 - 7W7 g -p ' —fit 1t9, A iff -Cr s 4 22/.`' ‘v Cef t)1 GEC- voi Ad itional Go mends: -" oz/5" trkIffair 611/.1`, - .+ a P 7b jM17L 164y rblAiy,1 77 Signature: Date: j1-°9 See attached list for boards that require financial disclosure at time of appointment. Please return this application and board questionnaire to the Official Records & Legislative Services Department, P. O. Box 4748, Clearwater, FL 33758-4748, or drop off your application at City Hall, 2nd Floor, 112 S. Osceola Avenue. r Note: For boards requiring Clearwater residency, this application must be accompanied by a copy of one of the following: r, , Current voter registration within city limits Valid current Florida Drivers' License issued to an address within city limits Declaration of Domicile filed with the city clerk affirming residency within city l*t*S 6 0 En 4/03 - PL, e,..,,e 1-it. hws s hit 0%451 A.:+... LEGISLATIVE s rocs DEFt tkt P..61-;,c Qv--t 4. moil, I3",a_. ft Attachment number 3 \nPage 1 of 2 Item # 19 BOARD QUESTIONNAIRE 1. What is your understanding of the board's duties and responsibilities? A-24 .01— A-, a u 4127- Ai7 ( 1A 141t6P,40(- I " 11961ir 110 01C; 1 tvc- A. IA_L P-1 ;ea--7 74---kWie_ eecare-(6)4*'Dvf • cipe ttreDak 2. Have you ever observed a board meeting either in person or on C-View, the City's TV station? imA-)9/ vi4Es, 3. What background and/or qualifications do you have that you feel would qualify you to serve ongqYY this Board? y/6744) vr- y C t - w 5- T h7-i-.r rAL e 1,v- ., ` - l ynivv C i 4. Why do you want to serve on this Board? Name: &CT >e)I Board Name: Attachment number 3 \nPage 2 of 2 Item # 19 011-Aug-15 03: 36 PM City of Clearwater O.K. L. S . '/G'/ 6G4UdEl G/b CITY OF CLEARWATER-APPLICATION FOR ADVISORY BOARDS Name: k . l i s _ RAkitc_t/ A) Home Addres * 0114 Address: lg 6l s C zip 37sS- Zi• J TeeTelephone: d("1 c C 3 3 Telephone:p Cell Phone: t- t — 7 0 2-9 E-mail Address: 1>kl.9 L RC- 14--(12, C1.,1'z How long a resid L-(t of Clearwater? 6t3 Occupation: 1 -`e Nl K Employer: ¶ A J L4A Reit 4(1 Field of Education: Other Work Experience: j doA-0- VS ' ecS C u +i47A 1' , If retired, former occupation: j ,,Q Community Activities: {,W I ,O- 71--(2-34 2 a ce Other Interests:_ RT I TT 4_ 11t L c f- .O , Board Service (curr and t): Board Preference: Bg0C-60,0 v (0 S A-P 4- +- .be. (.1 0 Additional Comments: , -\c-` 'E/)s(-11 .-L Q 6, r/ Signe•. iP Date: 4I See attac ed list for boards that require financial disclosure at time of appointment. Please return this application and board questionnaire to the Official Records & Legislative Services Department, P. O. Box 4748, Clearwater, FL 33758-4748, or drop off your application at City Hall, 2nd Floor, 112 S. Osceola Avenue. Note: For boar s rd ai iT.rIna Clearwater residency, this application must be accompanied by a copy of one of the following: Current voter registration within city limits Valid current Florida Drivers' License issued to an address within city limits a--Deciara on ofIFIrrri cile-flfe-d with'the city clerk affirming residency within-cit p-_ ---- - AUG ?_ 22011 lCIAL ra.ECORL. AN LEGISLATI'1' C,k Cn DEP'^. 00ij dno.19 uTT)Iusad Z1I'9 9tt LZL XVd Et:8T NUS TTOZ/TZ/80 Attachment number 4 \nPage 1 of 2 Item # 19 011-Aug-15 03 : 37 PM City of Clearwater U. K.L. S. '/L'f be4Uf3b i/b BOARD QUESTIONNAIRE 1. What is your and anding of the board's duties and responsibilities? 0 a (A) ( ( 6te e 91A-- CIA-61'6Ai--2 2. Have you ever observed a board meeting either in person or on C-View, the City's TV st-tion? t a 4" A i bee,e) Gt ! F OCI---CI &iJ4/L lam/ ..1f II A s .r% 3. What background and/or qualifications do you have that you feel woula qualify you serve on this Board? i k 4uQ-- C c,vc kj& c4019,R a s occ _coce&v,cti .ce_ ce7A- luecte- rm,S , HAve -4-0-*Leceete Ath 4 0 , 0/e 0 A(L&_ a 6 A/ e)Pr(C9S 6eit_) gif / p/o2Seiw-a5l-- Cgfre.ci2-46) 5 s ilycc3ielina 4. Why o you want to serve Qn this Board? Tv tp ./eti A d_ belkA 7p(,/- ' I --(7 , gam. De AMP, ip e /0 0 / (6d( 00i-c_e iAittiMILSOA POSC ,-04.0k 7z-- 7162,f .c P&_ .I.LiN.AL-1A 4( AIll Gz5La , -. i 0, m I 2/,I%_ Name: Board Name:-ame: , , l`-S t ZOOCJ dnodD uTTtiuUJd Zi69 9Ii LZL XV3 Et:ST AIRS ITOZ/TZ/80 Attachment number 4 \nPage 2 of 2 Item # 19 CITY OF CLEARWATER-APPLICATION FOR ADVISORY BOARDS must be Clearwater resident) Name: Laurie Meggesin Home Address: Office Address: 1600 Walnut Street Clearwater, FL Zip 33755 Zip Telephone: Telephone: Cell Phone: 727-488-8877 E-mail Address: How long a resident of Clearwater? Seven years Occupation: Former attorney; currently studying nonprofit management and doing consulting work Field of Education: Other Work Experience: J.D. University of Texas School of Law Nonprofit Management, University of Shareholder, Baron & Budd, P.C.; South Florida School of Public Affairs (student) Partner, Rosenthal Pennington LLP B.A., Creative Writing, Columbia College Other experience includes public participation consulting, marketing consulting, nonprofit program management, English as a Second Language teacher in Bogota, Colombia and Dallas,Texas) If retired, former occupation: Community Activities: Overall Advisory Committee, IFAS/Pinellas County Extension Service; Master Volunteer, Sustainable Floridians Program; Development Committee, Community Tampa Bay Other Interests: Fluent Spanish Speaker; community development; environmental sustainability Board Service (current and past): Board Preference: Previous): Member, board of directors, Public Art and Design Advisory Board Womens Advocacy Project and Dallas SER- Jobs for Progress. Past Board President,Texas Law RECEIVED Fellowships FL Additional Comments:14 p..pp'': M , t gyp (/," uOSS Yji ld v.i`'`) a ap ' Z.'xn'Wr r( b'''-' Signat a r •i -) Date:`r—Q ) . I Attachment number 5 \nPage 1 of 4 Item # 19 1 See attached list for boards that require financial disclosure at time of appointment. Please return this application and board questionnaire to the Official Records & Legislative Services Department, P. O. Box 4748, Clearwater, FL 33758-4748, or drop off your application at City Hall, 2nd Floor, 112 S. Osceola Avenue. Note: For boards requiring Clearwater residency, this application must be accompanied by a copy of one of the following: Current voter registration within city limits Valid current Florida Drivers' License issued to an address within city limits Declaration of Domicile filed with the city clerk affirming residency within city limits Attachment number 5 \nPage 2 of 4 Item # 19 BOARD QUESTIONNAIRE 1. What is your understanding of the board's duties and responsibilities? The duties of the board are to assist with the development of guidelines, procedures and policies with respect to the City's Public Art and Design Program 2. Have you ever observed a board meeting either in person or on C-View, the City's TV station? City Council meetings only 3. What background and/or qualifications do you have that you feel would qualify you to serve on this Board? I enjoy collecting local art and as a result, have some knowledge of the local arts community. My document drafting skills from years of legal practice could help with the wordsmithing of policies and guidelines. I enjoy working collaboratively with diverse stakeholders to achieve common goals and have done so successfully in a variety of projects and settings. 4. Why do you want to serve on this Board? I would like to lend my skills to make a positive contribution to our City. Attachment number 5 \nPage 3 of 4 Item # 19 Name: I Q_„ ,r-n 9 S1 n. Board Name- b L* G 0,7÷ AV s c,c' 0-3J r c Attachment number 5 \nPage 4 of 4 Item # 19 Page 1 of 2 CITY OF CLEARWATER -APPLICATION FOR ADVISORY BOARDS must be Clearwater resident) Name: Home Address: Office Address: iL5744.__2 _L-)4c4i.\ Zip i'l-- --,, ni...1...4,-,A),trctv, liff___. zip 7 5 _ Telephone: -7-2- 7 -2'7 4-0 qs-7 Telephone: -71:-? - 1.....-c--k - .(-_-) Cell Phone: -7-72-7-.1,..:"/2-4-0 tE:),--t.,-7 E-mail Address: VA sK/_.C.-.11.1,4'F.„67-1-.Cool\ How long a resident of Clearwater? 'LS '12,All k rcmOccupation: .:y- it.,‘ ,,,, Employer: m:1,„"-, ,.' 4, .,_, .2. _ Ili '\'' Field of Education: Other Work Experience: A__ 1,0.--s%.1 ter/v--51.. .:' CA1,..giviNi.w 4--i.\\c =1- b.), 4 GA tic\N\r,,,V,M,...— -ts 2,\* 1._..pv L-,-,. .--1-e_„ ..›.)7.- %kJ-M/1A PA , If retired, former occupation: Community Activities: Cm. Lit-,:%-tixtt, (iv/OA Psz._;3'A)-2, 14A i 1.1.Ah 7 fi' col,e,CA-S7 A tiv4,101.1-?r),Pi)t) c> - Other Interests: Avt11, 7,/4t-t v--;..)/ 1,\...n t_A_. Cr"-Ii-4-\1 0 i RA./o\JrztlooLY-m ./C-2))...f71"/40e..TYC'a_\ Board Service(current and past):Board Preference: b Additional Comments: ' e ::$, At..-t.... ct per14,11..-.)44t.L.c._..i .,.1,1 t-,-0/Ai T c:c-1, )4: ivkyr% thyr CA,i N1\ k- ., Z.N .n\•1, Signature: sth\t Date: 1 i See attached list for boaOps that require financial disclosure at time of appointment. Please return this application and board questionnaire to the Official Records & Legislative Services Department, P. 0. Box 4748, Clearwater, FL 33758-4748, or drop off your application at City Hall,2nd Floor, 112 S. Osceola Avenue, Note: For boards requiring Clearwater residency, this application must be accompanied by a copy of one of the following: Current voter registration within city limits Valid current Florida Drivers License issued to an address within city limits Declaration of Domicile filed with the city clerk affirming residency within city limits RECEIVED MAR 1 2 2013 OFFICIAL RECORDS AND LEGISLATIVE SRVCS DEPT Attachment number 6 \nPage 1 of 2 Item # 19 Page 2 of 2 BOARD QUESTIONNAIRE 1. What is your understanding of the board's duties and responsibilities? Covoi-vm`tdr-ci Ci 14,11.1A "rr'fr-VV51 i IAc ) Crt 0AYN--kfk - UV,(.. \.7t.,0111-it.S64%sti- Atqa iskAireces. 2. Have you ever observed a board meeting either in person or on C-View, the City's TV station? I"t,15 3. What background and/or qualifications do you have that you feel would qualify you to serve on this Board? Lcr-i 4U\)itcl 'F'.>15tN JAL, C---7-LXLVIT" 4. Why do you want to serve on this Board? Gm) 4_1\ , AN ITVIAAAs1 7 AD k-)"OtAA\AA\J‘1,11t, Name: \t AiVta b*VVS Board Name7;\21AL)))ski\.' Attachment number 6 \nPage 2 of 2 Item # 19 CITY OF CLEARWATER -APPLICATION FOR ADVISORY BOARDS Name: 67, 0e- SI /L62 Home Address:Office Address: a 125-/3 b okir4Jdot CT. 3830 S8 TIf 5rr eT M 'Tk LcEHRw4re< ) tL Zip .3Y26 / 6_642 id 4rEk L Zip 337 c Telephone: 7..x'7 77B5 Telephone: 77?7 5 5- &9o? Cell Phone: 7,?7- 63,5- 0062 E-mail Address: Se.'+ Ie.c-e(c) Pe te-bt-own& ,is Cow How long a resident of Clearwater? I ycivs Occupation: eon/5r40C'Tro,.i /11130167e- Employer: P-To< l?Ra,i)A) Coki571Z1)c..TiOA) Field of Education: Other Work Experience: 14 EC NAnl l eAc_ en/elr Ale"-- ,, eONSrR x 1-, iU M f}NAe7EK Fck OTtiek 1075 fl`Nd Q bLSiii. C//4-7/At k If retired, former occupation: 1-00 4A1 A Au AZ.it)& kAc 'kE Community Activities: A:Mei-27 OF' / 9itir /97<c/tAleL r- 14),(LAN4 ei/v/fc H Other Interests: ecue- SPz zrs e4/Nis , eecyr 1k(L. RiDz,v4) , Ai Fars/ Board Service (current and past): Board Preference: RFCRVED Additional Comments: MAR 18 2013 O F1CiAL ECORDS AN LA FiVES ACS DE ' Signature: 7-i Date: 3' 1 /3 L See attached list for boards that require financial disclosure at time of appointment. Please return this application and board questionnaire to the Official Records & Legislative Services Department, P. 0. Box 4748, Clearwater, FL 33758-4748, or drop off your application at City Hall, 2nd Floor, 112 S. Osceola Avenue. Note: For boards requiring Clearwater residency, this application must be accompanied by a copy of one of the following: Current voter registration within city limits Valid current Florida Drivers' License issued to an address within city limits Declaration of Domicile filed with the city clerk affirming residency within city limits Attachment number 7 \nPage 1 of 2 Item # 19 BOARD QUESTIONNAIRE 1. What is your understanding of the board's duties and responsibilities? H6.S 7Z 9 s Pieoce .+;ES ,7„;;g JsrE ogu c- leigls 12,2064w" ) 14-0 S" t 9s A gvsQqa /yJr r a eve AN ,4Aoll?a' t /i.OLE" /tie e ,re 76 "0.50 Pafivi fir ffeo6.W'1 2. Have you ever observed a board meeting either in person or on C-View, the City's TV station? A 6) vi=P I/74 /oed gerae,>'c, Avp 4V Pt---WA/.44c7 4w I AA-77Pa ?aged, r oAk) P/cerbv6s 3. What background and/or qualifications do you have that you feel would qualify you to serve on this Board? RS AN 6vhr sie 4AP, f- e,vs e t' cu73u rvA/PE D C.D0IS7xu` ro 1 ?4. 1edc ? S )9PO Ti u I t /"57-41-4.L47io.,) OF `Pv8u,_ 1441 ffA44r 4 Ury/Q 6 5,0 L c_ S c"T mar (®v6A ee en/eu/gtee____ (R)3c_i 44Ts ra.vi t"-i. 4. Why do you want to serve on this Board? Y UJ'h AND Xi/nay 1441x£ 4 y o F Soepacri.0 4 4Rt/S7-s N fuggy 6 /fikl D W 01)1.4) A t At 1`i9 C,e_r THE/.e P4S5/0 c,1 7-1:/ 'Y / c i s c) o me ) i w4/cfl T/tr (zWew ee Pveo Name: Cx/4_ 5 ez- Board Name: Pogue- 41.:r 14D 7 Attachment number 7 \nPage 2 of 2 Item # 19 I CITY OF CLEARWATER - APPLICATION FOR ADVISORY BOARDS Name: Mr. Neale A.Stralow Home Address: Office Address: 2257 Bascom Way 2205 N.20th Street Clearwater,Florida Zip 33764 Tampa,Florida Zip 33605 Telephone: 727.669.5554 Telephone: 813.223.9500,ext 355 Cell Phone:813.220.3237 E-mail Address: neale.stralow @stantec.com How long a resident of Clearwater? In Pinellas County since 1988,Clearwater Area since 1992,and within City limits since 1998. Occupation: Urban Planner/Landscape Architect Employer: Stantec Consulting Services,Inc. Field of Education:Other Work Experience: Bachelors of Landscape Architecture-University of Illinois Florida Registered Landscape Architect-LA0001639 American Institute of Certified Planners-#114358 If retired, former occupation: 12 Years Professional Experience with Hillsborough County Planning Community Activities: Clearwater High School CAICC Advisory Board;Clearwater Chargers Soccer Club Travel Rec Coach(6 seasons); Clearwater Little League former Board Member and Coach Other Interests: Photography,Cultural Arts,Golf Board Service (current and past): Board Preference: Hillsborough County MPO's Livable Roadways,ASLA Alternate Public Art&Design Advisory Board Hillsborough County Historic Preservation,Staff Representative FDOT Tampa Interstate Design Guidelines,HC Representative Additional Comments: C"-------4C; ;;ISigned: Date: March 20,2013 See attached list for boards that require financial disclosure at time of appointment. Please return this application and board questionnaire to the Official Records & Legislative Services Department, P. O. Box 4748, Clearwater, FL 33758-4748, or drop off your application at City Hall, 2nd Floor, 112 S. Osceola Avenue. Note: For boards reguiring Clearwater residency, this application must be accompanied by a copy of one of the following: Current voter registration within city limits Valid current Florida Drivers' License issued to an address within city limits RECE ED Declaration of Domicile filed with the city clerk affirming residency within city limits MAR 2 0 2013 OFFICIAL RECORDS ANC) LEGISLATIVE SRVCS DEFT Attachment number 8 \nPage 1 of 2 Item # 19 BOARD QUESTIONNAIRE 1. What is your understanding of the board's duties and responsibilities? My understanding of the Public Art&Design Advisory Board is to develop guidelines,procedures and policies that help to administer the City's public art program and through cooperative discussion support and recommend public art to the City Council. 2. Have you ever observed a board meeting either in person or on C-View, the City's TV station? I have observed and participated within many public board meetings and hearings,however none in relationship to this board. 3. What background and/or qualifications do you have that you feel would qualify you to serve on this Board? I believe that the combination of my 26 years of professional experience as a Registered Landscape Architect and Urban Planner including 12 years in senior planning positions with a local government,and remainder as a private consultant in national A/E/P firms provides me a solid understanding of the implicit needs of this board. Public art and design installations touches the very core of personal preference. Supporting cultural expression is critically important in any civilization. To ensure continued public support it is important to establish and implement defensible recommendations. I have served boards,designed projects including public art,and written and enforced regulations. 4. Why do you want to serve on this Board? I am keenly aware that community organizations and appointed boards have been affected by the economic recession. As a resident with two children I have often served organizations associated with their interests. Appointment to this board may fulfill my personal need to support public realm improvement in our community. I believe that insights gleaned from my 26 years of professional development will help in the planning,design,and implementation of public realm enhancement in the City. Name: Neale A.Stralow, RLA,AICP Board Name: Public Art&Design Advisory Board Attachment number 8 \nPage 2 of 2 Item # 19 CITY OF CLEARWATER - APPLICATION FOR ADVISORY BOARDS must be Clearwater resident) Name:Howard Warshauer Home Address: Office Address: 808 Allen dr Clearwater, FL Zip 33764 Zip Telephone: 727 442 7411 Telephone: Cell Phone: 727 776 7932 E-mail Address: How long a resident of Clearwater? 9 years Occupation: Farmers Market Manager Employer: Intercultural Advocacy Institute Field of Education: Other Work Experience: Mathematics Teacher Finance, City Commissioner, Business Consultant If retired, former occupation: Community Activities: Clearwater Downtown Partnership, Volunteer, 4th Friday Other Interests: Board Service (current and past): Board Preference: Public Art and Design Board Public Art and Design Board Charter Review Board - twice Additional Comments: Signature: HOWARD WARSHAUER Date:January 27, 2013 See attached list for boards that require financial disclosure at time of appointment. Please return this application and board questionnaire to the Official Records & Legislative Services Department, P. O. Box 4748, Clearwater, FL 33758-4748, or drop off your application at City Hall, 2nd Floor, 112 S. Osceola Avenue. Note: For boards requiring Clearwater residency, this application must be accompanied by a copy of one of the following: Current voter registration within city limits EC ' Valid current Florida Drivers' License issued to an address within city limits Declaration of Domicile filed with the city clerk affirming residency within city limit ' 2 8 2813 OFFICIAL RECORDS LEGISLATIVE SRVCS DEFT' Attachment number 9 \nPage 1 of 3 Item # 19 BOARD QUESTIONNAIRE 1. What is your understanding of the board's duties and responsibilities? We decide upon public space art projects that are funded by a set aside percentage of new construction project budgets. We also oversee distribution of funds that are set aside by projects that decide to give cash instead of creating public art. 2. Have you ever observed a board meeting either in person or on C-View, the City's TV station? Yes 3. What background and/or qualifications do you have that you feel would qualify you to serve on this Board? I have served on this board since its inception. 4. Why do you want to serve on this Board? It allows me to give back to the city in which I live. Name: Howard Warshauer Board Name: Clearwater Art and Design Board Attachment number 9 \nPage 2 of 3 Item # 19 LaCosse, Judith To: Howard Warshauer Subject:RE: Public Art and Design Board From: Howard Warshauer jmailto:captainhw@gmail.coml Sent: Sunday, January 27, 2013 3:51 PM To: LaCosse, Judith Subject: Re: Public Art and Design Board I have attached the document you requested. Howard Warshauer On Thu, Jan 24, 2013 at 10:08 AM, <Judith.LaCosse @myclearwater.com> wrote: Mr. Warshauer, You're currently finishing your 2nd term on the above board that will be expiring on March 3151 this year. If you wish to be considered for another term, we need a more current application along with a questionnaire for our files. Please complete & sign the attached forms and return to my attention when you get a chance. An appointment agenda item will be going to the first council meeting in March. Thank You. Judith LaCosse Staff Assistant Official Records and Legislative Services Dept. 727-562-4093 1 Attachment number 9 \nPage 3 of 3 Item # 19 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Approve the 2013 Federal Legislative Package. SUMMARY: Review Approval:1) Clerk Cover Memo Item # 20 City of Clearwater 2013 Federal Legislative City of Clearwater, Florida Federal Legislative Agenda Attachment number 1 \nPage 1 of 27 Item # 20 Prepar Mayor George Cretekos Councilmember Doreen Hock- Questions regarding the information Greg Burns (202) 737-8162 Copyright 201 Prepared by Van Scoyoc Associates for Clearwater City Council George Cretekos Vice Mayor Paul Gibson -DiPolito Councilmember Bill Jonson Councilmember Jay Polglaze Bill Horne, City Manager Questions regarding the information in this book may be directed Rosemarie Call (727) 562-4092 March 2013 Copyright 2013 Van Scoyoc Associates Inc. Gibson uncilmember Bill Jonson in this book may be directed to: Attachment number 1 \nPage 2 of 27 Item # 20 Water Resources 1) Stevenson Creek Estuary Restoration Project 2) Clearwater Inlet Maintenance Dredging; Harbor Maintenance Trust Fund Transportation 3) Transportation Authorization 4) Alternative Fuel Tax Incentives Public Safety 5) Public Safety Programs 6) The Corporation for National and Community Service Grant Program 7) Prescription Drug Abuse Local Government Finance 8) Tax-Exempt Bonds 9) Sales-Tax Legislation 10) Transient Occupancy Taxes Economic Development & Social Services 11) Economic Development Administration 12) Department of Housing and Urban Development 13) Supportive Housing for the Elderly Housing and Urban Development’s 14) Homeless Assistance – Continuum Energy & Environment 15) Offshore Energy Exploration 16) Environmental Protection Agency 17) Land and Water Conservation Fund General Government Issues 18) Public Pension Reform 19) National Flood Insurance Program Stevenson Creek Estuary Restoration Project Inlet Maintenance Dredging; Harbor Maintenance Trust Fund Transportation Authorization Alternative Fuel Tax Incentives National and Community Service – AmeriCorps’ State and National Local Government Finance Transient Occupancy Taxes Economic Development & Social Services Administration Department of Housing and Urban Development Formula Programs Supportive Housing for the Elderly and for Persons with Disabilities - Department of Housing and Urban Development’s Section 202 and 811 Programs Continuum of Care Program Offshore Energy Exploration Environmental Protection Agency’s Brownfields Program Land and Water Conservation Fund General Government Issues National Flood Insurance Program Inlet Maintenance Dredging; Harbor Maintenance Trust Fund AmeriCorps’ State and National Department of Attachment number 1 \nPage 3 of 27 Item # 20 201 Stevenson Creek Estuary Restoration Project Support continued Corps participation in the Ste the City of Clearwater. Support continued Federal participation Continuing Authorities Programs, particularly Section 20 Section 206 project from $5 million to at least $10 million. Clearwater Inlet Maintenance Dredging; Harbor Maintenance Trust Fund Support adequate annual funding for the Corps of Engineers Operations & Maintenance account, including additional funding for dredging not identified in the funding specifically provided for “Small, Remote, or Subsistence Navigation” dredging activities. Support legislation which would require the expenditure of funds for O&M activities equal to the level of receipts plus interest credited to the HMTF for tha Alternative Fuels Tax Incentives Support the extension of a $0.50 per gallon equivalent tax incentive for natural gas when used as a motor fuel. Transportation Authorization Monitor proposed changes to Federal highway and transit programs. transportation revenue streams. Support Clearwater priorities via this legislation or other means. Public Safety Funding Support adequate annual funding for a wi grants, e.g., Community Oriented Policing Services, Byrne Justice Assistance Grants, Emergency Management Performance Grants, Assistance to Firefighters Grants, and Staffing for Adequate Fire and Emergency Response Grants. Support The Corporation for National and Community Service Program Support continued annual funding for grant programs within the Community Service, particularly for the AmeriCorps State and National grant program. Prescription Drug Abuse Support the Safe Prescribing Act and other abuse. Tax-Exempt Bonds Oppose legislation that would threaten the tax exe cap on tax-exempt municipal bonds. Sales-Tax Legislation Support legislation that requires companies making catalog and internet sal associated taxes to local authorities. City of Clearwater 2013 Federal Legislative Agenda Stevenson Creek Estuary Restoration Project continued Corps participation in the Stevenson Creek Aquatic Ecosystem Restoration continued Federal participation in, and funding of, Corps of Engineers’ Continuing Authorities Programs, particularly Section 206. Support an increased authorization level for a million to at least $10 million. Inlet Maintenance Dredging; Harbor Maintenance Trust Fund adequate annual funding for the Corps of Engineers Operations & Maintenance account, including additional funding for dredging not identified in the President’s budget. Support funding specifically provided for “Small, Remote, or Subsistence Navigation” dredging activities. which would require the expenditure of funds for O&M activities equal to the level of receipts plus interest credited to the HMTF for that fiscal year. the extension of a $0.50 per gallon equivalent tax incentive for natural gas when used as a motor proposed changes to Federal highway and transit programs. Monitor efforts to enhance Federal Support any and all opportunities to secure funding for priorities via this legislation or other means. funding for a wide variety of Departments of Justice and Homeland Security grants, e.g., Community Oriented Policing Services, Byrne Justice Assistance Grants, Emergency Management Performance Grants, Assistance to Firefighters Grants, and Staffing for Adequate Fire and Support the City of Clearwater’s applications for these funds The Corporation for National and Community Service – AmeriCorps’ State and National Grant funding for grant programs within the Corporation for National and , particularly for the AmeriCorps State and National grant program. he Safe Prescribing Act and other legislation or initiatives that aim to reduce prescription drug threaten the tax exemption on state and local bonds, including a 28 percent exempt municipal bonds. legislation that requires companies making catalog and internet sales to collect and remit the . Restoration Project in in, and funding of, Corps of Engineers’ an increased authorization level for a adequate annual funding for the Corps of Engineers Operations & Maintenance account, Support additional funding specifically provided for “Small, Remote, or Subsistence Navigation” dredging activities. which would require the expenditure of funds for O&M activities equal to the level of the extension of a $0.50 per gallon equivalent tax incentive for natural gas when used as a motor efforts to enhance Federal any and all opportunities to secure funding for City of of Justice and Homeland Security grants, e.g., Community Oriented Policing Services, Byrne Justice Assistance Grants, Emergency Management Performance Grants, Assistance to Firefighters Grants, and Staffing for Adequate Fire and Clearwater’s applications for these funds. State and National Grant oration for National and , particularly for the AmeriCorps State and National grant program. reduce prescription drug mption on state and local bonds, including a 28 percent es to collect and remit the Attachment number 1 \nPage 4 of 27 Item # 20 Transient Occupancy Taxes Oppose legislation that would exempt Internet travel brokers from paying taxes on the full room rate paid by the consumer, thereby costing Pinellas Economic Development Administration Support continued funding of the Econ grant applications through the program. Department of Housing and Urban Support adequate funding for future fiscal years the HOME Investment Partnerships p support those that are least fortunate. Supportive Housing for the Elderly and for Persons with Disabilities Urban Development’s Section 202 and 811 Programs Support continued adequate annual Federal funding of the Department o Development’s Supportive Housing for the Elderly Program Persons with Disabilities Program (Section 811). Homeless Assistance – Continuum of Care Program Support continued adequate annual fundi Homeless Assistance Grants, particularly for the Continuum of Care Program. Offshore Energy Exploration Monitor the potential expansion of offshore energy exploration in Florida’s Federal waters. Environmental Protection Agency’s Brownfields Program Support adequate annual funding for the Environmental Protection Agency including at least $90 million for the Section 104(k) competitive grant program. reauthorize the Environmental Protection Agency’s brownfields program. Land and Water Conservation Fund Support a $900 million annual appropriation from the Land and Water Conservation Fund, including at least $100 million for the state grant program. Public Pension Reform Monitor federal legislative proposals related to public pensions, e.g., the Public Employee Pension Transparency Act, which could significantly impact the National Flood Insurance Program Monitor FEMA’s implementation of the reauthorization of the National Flood Insurance Program. Monitor changes to flood insurance rates for homeowners and businesses in the City of Clearwater. legislation that would exempt Internet travel brokers from paying taxes on the full room rate paid Pinellas County the opportunity to collect significant tourist revenue Economic Development Administration continued funding of the Economic Development Administration. Support City of Clearwater through the program. using and Urban Development Formula Programs for future fiscal years for both the Community Development Block Grants and the HOME Investment Partnerships programs because of their critical role in the City’s support those that are least fortunate. Supportive Housing for the Elderly and for Persons with Disabilities - Department of Housing and Urban Development’s Section 202 and 811 Programs d adequate annual Federal funding of the Department of Housing and Urban Supportive Housing for the Elderly Program (Section 202), and Supportive Housing for Persons with Disabilities Program (Section 811). Continuum of Care Program continued adequate annual funding for Department of Housing and Urban Development Homeless Assistance Grants, particularly for the Continuum of Care Program. the potential expansion of offshore energy exploration in Florida’s Federal waters. Environmental Protection Agency’s Brownfields Program funding for the Environmental Protection Agency’s brownfields program, including at least $90 million for the Section 104(k) competitive grant program. Support authorize the Environmental Protection Agency’s brownfields program. Land and Water Conservation Fund a $900 million annual appropriation from the Land and Water Conservation Fund, including at least $100 million for the state grant program. federal legislative proposals related to public pensions, e.g., the Public Employee Pension Transparency Act, which could significantly impact the Clearwater Employees Pension Fund National Flood Insurance Program MA’s implementation of the reauthorization of the National Flood Insurance Program. changes to flood insurance rates for homeowners and businesses in the City of Clearwater. legislation that would exempt Internet travel brokers from paying taxes on the full room rate paid significant tourist revenue. City of Clearwater Community Development Block Grants and overall efforts to Department of Housing and f Housing and Urban (Section 202), and Supportive Housing for ng for Department of Housing and Urban Development the potential expansion of offshore energy exploration in Florida’s Federal waters. rownfields program, Support legislation to a $900 million annual appropriation from the Land and Water Conservation Fund, including at federal legislative proposals related to public pensions, e.g., the Public Employee Pension Clearwater Employees Pension Fund. MA’s implementation of the reauthorization of the National Flood Insurance Program. changes to flood insurance rates for homeowners and businesses in the City of Clearwater. Attachment number 1 \nPage 5 of 27 Item # 20 FEDERAL ISSUE: Stevenson Creek Estuary BACKGROUND; HOW IT MAY AFFECT U.S. Army Corps of Engineers with standing authorization, known as the Continuing Authorities Programs (CAP), to respond to a variety of water resource probl congressional authorization or funding for each project. In theory, this decreases the amount of time required to budget, develop, and approve potential projects for construction. The CAP Section 206 program authoriz restoration and protection projects in partnership with non dictates that the maximum Federal cost for planning, design, and construction of any one project million. Each project must be economically justified, environmentally sound, and technically feasible. The City and the Corps of Engineers have been engaged on Creek Estuary Restoration, since 1999. dredge and remove polluted material from Stevenson Cre feeds into Clearwater Harbor. The construction phase of the project began in August of 2009, but performance issues with the first and second firms material. These issues resulted in the increased project costs to the point that $5,000,000 cost limit. The City has contributed 100 percent of project overruns, an additional $571,091, 40 percent. To date, the project is only 20 percent complete. At the end of the 112th Congress, and again, in the 113 Chairwoman of the Senate Committee on Resources Development Act (WRDA $5 million to $10 million. Senate Democratic and Republican leadership have indicated that bringing WRDA to the floor is a priority. The Committee, Rep. Bill Shuster (R-PA) to address during the 113th Congress. RECOMMENDED POSITION: Support Restoration Project in the City of Clearwater. Corps of Engineers’ Continuing Authorities Programs, particularly Section 20 authorization of the Water Resources Development Act, with million to at least $10 million for Section 206 projects NOTES: Page 1 Stevenson Creek Estuary Restoration Project BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: Congress provides the U.S. Army Corps of Engineers with standing authorization, known as the Continuing Authorities Programs (CAP), to respond to a variety of water resource problems without the need to seek specific congressional authorization or funding for each project. In theory, this decreases the amount of time required to budget, develop, and approve potential projects for construction. program authorizes the Corps of Engineers to engage in aquatic ecosystem in partnership with non-Federal government agencies. Current law dictates that the maximum Federal cost for planning, design, and construction of any one project Each project must be economically justified, environmentally sound, and technically feasible. The City and the Corps of Engineers have been engaged on a Section 206 CAP project, the Stevenson since 1999. This objective of the Stevenson Creek Estuary Project is and remove polluted material from Stevenson Creek to improve the health of the The construction phase of the project began in August of 2009, but has encountered major delays due to issues with the first and second firms selected to dredge the creek and remove the polluted . These issues resulted in the termination of these previously awarded contracts costs to the point that the Corps’ Federal expenditures have reached their authorized The City has contributed a $2,692,308 cost share to the project, and 100 percent of project overruns, an additional $571,091, thereby increasing the City’s overall To date, the project is only 20 percent complete. , and again, in the 113th Congress, Senator Barbara Boxer (D Chairwoman of the Senate Committee on Environment and Public Works (EPW), released WRDA) that proposes raising the per project CAP Section 206 limit Senate Democratic and Republican leadership have indicated that bringing The new Chairman of the House Transportation and Infrastructure PA), has also indicated that WRDA is a priority the committee intends Congress. Support continued Corps participation in the Stevenson Creek in the City of Clearwater. Support continued Federal participation in, and funding of Corps of Engineers’ Continuing Authorities Programs, particularly Section 206. Support authorization of the Water Resources Development Act, with an increased authorization l for Section 206 projects. : Congress provides the U.S. Army Corps of Engineers with standing authorization, known as the Continuing Authorities ems without the need to seek specific congressional authorization or funding for each project. In theory, this decreases the amount of time engage in aquatic ecosystem Federal government agencies. Current law dictates that the maximum Federal cost for planning, design, and construction of any one project is $5 Each project must be economically justified, environmentally sound, and technically feasible. a Section 206 CAP project, the Stevenson Estuary Project is to ek to improve the health of the waterway which encountered major delays due to to dredge the creek and remove the polluted contracts and have expenditures have reached their authorized t, and has provided overall cost share to Senator Barbara Boxer (D-CA), the released a Water Section 206 limit from Senate Democratic and Republican leadership have indicated that bringing hairman of the House Transportation and Infrastructure ommittee intends enson Creek Estuary continued Federal participation in, and funding of, Support a new an increased authorization limit from $5 Attachment number 1 \nPage 6 of 27 Item # 20 FEDERAL ISSUE: Clearwater Inlet Maintenance Dredging BACKGROUND; HOW IT MAY AFFECT channel, the Army Corps of Engineers are supposed to be 100 percent responsible for the cost of maintenance dredging of Clearwater Pass. The Clearwater pass requires maintenance dredging about every 5 years due to shoaling, which fishermen, charter boats, and other recreational vessels constraints, this only occurs about eve Clearwater Pass was last dredged and fully paid fo 2012, but the City of Clearwater paid the entire Corps may have funding available to complete the dredging City for about a third of the cost of that dred The dredging project has a double benefit, as the sand that is removed is then used to renourish North Clearwater Beach. To fund dredging projects that are not generally budgeted for b competition for funds from the Army Corps of Engineers, Congress has adjusted their funding strategy in the age of no-earmarks to add additional funding for what Congress terms “Additional Funding for Ongoing Work.” Among these amounts, Congress in Fiscal Year additional funding to the Corps for “Small, Remote, or Subsistence Navigation” operations & maintenance (O&M) activity. This will likely be the funding from which the compete in the future to maintain the channel. or Subsistence Navigation” will be limited to $28.5 million. On another front, in an effort to alleviate the annual shortage of the United States, some have advocated that disbursements from the Harbor Maintenance Trust Fund (HMTF) be increased dramatically. The Harbor Maintenance Tax, which funds the HMTF, is levied on importers and domestic shippers using coastal or Great Lakes ports and is assessed at a rate of $1.25 per $1,000 in cargo value. When O&M funding is provided for a Corps dredging project, it comes from the HMTF. At the end of 2012, the HMTF has a balance of more than $ over $100 million alone in recent fiscal years. However, because the HMTF is not a separate, or “off budget,” account within the Federal budget, the “surplus” in the HMTF has in effect already been spent elsewhere on other general government activities. Expenditures by Congress out of the HMTF to pay for routine O&M expenses have remained relatively stagnant for decades. In essence, Congress has decided to provide less funding for Corps O&M activities than would be provided if there were a legislative mandate to spend all funding provided annually via the HMTF. Over the past 15 years, HMTF expenditures by Congress have consistently been less than the collections and interest into the HMTF. The difference between what fluctuated, from a low of roughly $50 million in Fiscal Year 2002 to a high of roughly $500 million in Fiscal Year 2009. Page 2 Inlet Maintenance Dredging; Harbor Maintenance Trust Fund BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: As a Federal navigation channel, the Army Corps of Engineers are supposed to be 100 percent responsible for the cost of Clearwater Pass. The Clearwater pass requires maintenance dredging about , which cuts off an important navigation channel for local commercial and other recreational vessels. However, due to City and Corps budget constraints, this only occurs about every 10 years. dredged and fully paid for by the Corps in 2001. The Pass was again dredged i paid the entire $750,000 cost of the project, as it was uncertain may have funding available to complete the dredging. Eventually, the Corps did reimbur for about a third of the cost of that dredging operation. The dredging project has a double benefit, as the sand that is removed is then used to renourish North To fund dredging projects that are not generally budgeted for by the Administration due to the difficult competition for funds from the Army Corps of Engineers, Congress has adjusted their funding strategy in earmarks to add additional funding for what Congress terms “Additional Funding for ” Among these amounts, Congress in Fiscal Year (FY) 2012 provided $30 million in additional funding to the Corps for “Small, Remote, or Subsistence Navigation” operations & maintenance (O&M) activity. This will likely be the funding from which the Clearwater Pass compete in the future to maintain the channel. After sequestration, FY 2013 funding for “Small, Remote, or Subsistence Navigation” will be limited to $28.5 million. On another front, in an effort to alleviate the annual shortage of funding for O&M activities throughout the United States, some have advocated that disbursements from the Harbor Maintenance Trust Fund (HMTF) be increased dramatically. The Harbor Maintenance Tax, which funds the HMTF, is levied on shippers using coastal or Great Lakes ports and is assessed at a rate of $1.25 per $1,000 in cargo value. When O&M funding is provided for a Corps dredging project, it comes from the a balance of more than $7 billion. Interest on collections has been over $100 million alone in recent fiscal years. However, because the HMTF is not a separate, or “off budget,” account within the Federal budget, the “surplus” in the HMTF has in effect already been spent ther general government activities. Expenditures by Congress out of the HMTF to pay for routine O&M expenses have remained relatively stagnant for decades. In essence, Congress has decided to provide less funding for Corps O&M activities ovided if there were a legislative mandate to spend all funding provided annually via the HMTF. Over the past 15 years, HMTF expenditures by Congress have consistently been less than the collections and interest into the HMTF. The difference between what is collected and what is spent has fluctuated, from a low of roughly $50 million in Fiscal Year 2002 to a high of roughly $500 million in ; Harbor Maintenance Trust Fund Federal navigation channel, the Army Corps of Engineers are supposed to be 100 percent responsible for the cost of Clearwater Pass. The Clearwater pass requires maintenance dredging about ff an important navigation channel for local commercial . However, due to City and Corps budget was again dredged in uncertain when the , the Corps did reimburse the The dredging project has a double benefit, as the sand that is removed is then used to renourish North y the Administration due to the difficult competition for funds from the Army Corps of Engineers, Congress has adjusted their funding strategy in earmarks to add additional funding for what Congress terms “Additional Funding for 2012 provided $30 million in additional funding to the Corps for “Small, Remote, or Subsistence Navigation” operations & Clearwater Pass must After sequestration, FY 2013 funding for “Small, Remote, funding for O&M activities throughout the United States, some have advocated that disbursements from the Harbor Maintenance Trust Fund (HMTF) be increased dramatically. The Harbor Maintenance Tax, which funds the HMTF, is levied on shippers using coastal or Great Lakes ports and is assessed at a rate of $1.25 per $1,000 in cargo value. When O&M funding is provided for a Corps dredging project, it comes from the n. Interest on collections has been over $100 million alone in recent fiscal years. However, because the HMTF is not a separate, or “off- budget,” account within the Federal budget, the “surplus” in the HMTF has in effect already been spent Expenditures by Congress out of the HMTF to pay for routine O&M expenses have remained relatively stagnant for decades. In essence, Congress has decided to provide less funding for Corps O&M activities ovided if there were a legislative mandate to spend all funding provided annually via the HMTF. Over the past 15 years, HMTF expenditures by Congress have consistently been less than the is collected and what is spent has fluctuated, from a low of roughly $50 million in Fiscal Year 2002 to a high of roughly $500 million in Attachment number 1 \nPage 7 of 27 Item # 20 To rectify this situation, some in Congress have called for increasing disbursements from the t In the 112th Congress, legislation was expenditure of funds for O&M activities equal to the level of receipts plus interest credited to the HMTF for that fiscal year. This type of legis Development Act. In the 113th Congress, this legislation has been reintroduced in the House of Representatives and the Senate. The House bill currently has 92 cosponsors, Nelson and Rubio have once again signed on as cosponsors with 32 of his colleagues. RECOMMENDED POSITION: Support & Maintenance account, including additional fund Administration budget. Support additional funding specifically provided for “Small, Remote, or Subsistence Navigation” dredging activities. the expenditure of funds for O&M activities equal to the level of receipts plus interest credited to the HMTF for that fiscal year. NOTES: Page 3 To rectify this situation, some in Congress have called for increasing disbursements from the t was introduced in the House and Senate that would require the expenditure of funds for O&M activities equal to the level of receipts plus interest credited to the HMTF for that fiscal year. This type of legislation is ideally suited for inclusion in a Water Resources Congress, this legislation has been reintroduced in the House of Representatives and the Senate. The House bill currently has 92 cosponsors, including 8 from Florida. In the Senate, Senators Nelson and Rubio have once again signed on as cosponsors with 32 of his colleagues. Support adequate annual funding for the Corps of Engineers Operations & Maintenance account, including additional funding for dredging not identified in the annual additional funding specifically provided for “Small, Remote, or Subsistence Navigation” dredging activities. Support H.R. 335 and S. 218, both of which would require ture of funds for O&M activities equal to the level of receipts plus interest credited to the To rectify this situation, some in Congress have called for increasing disbursements from the trust fund. would require the expenditure of funds for O&M activities equal to the level of receipts plus interest credited to the HMTF lation is ideally suited for inclusion in a Water Resources Congress, this legislation has been reintroduced in the House of Representatives and the In the Senate, Senators adequate annual funding for the Corps of Engineers Operations ing for dredging not identified in the annual additional funding specifically provided for “Small, Remote, or , both of which would require ture of funds for O&M activities equal to the level of receipts plus interest credited to the Attachment number 1 \nPage 8 of 27 Item # 20 FEDERAL ISSUE: Transportation Authorization BACKGROUND; HOW IT MAY AFFECT short-term authorizations, Congress passed and the President signed the the 21st Century Act (MAP-21) on July 6, 2012. MAP at roughly the levels of the previous authorization ($48 billion) through September 30, 2014, which means that Congress will need to begin to craft the follow of the 113th Congress. MAP-21 eliminated, consolidated, or changed transportation grant programs into formula programs, and left much discretion to state Departments of Transportation on how to allocate funding One of those changes was the removal of de to School, Recreational Trails, and the Transportation Enhancements program. The legislation instead created a new program called Transportation Alternatives (TA). Under this consolidated progra funding for these activities will be reduced by approximately $300 million annually from current levels of funding. Fifty percent of Florida’s estimated $ within the state based on population, a 200,000 will be given project selection authority ov City of Clearwater will go through the In developing MAP-21, Congress did not address the need for a long nation’s transportation infrastructure. Fuel taxes, which currently provide most of the money for surface transportation, do not provide a solid long growth, even if Congress were to authorize a modest increase sources of income for an expanded program, or alternately, to settle for a smaller very different than the one currently in place. Less Federal funding via a future transportation reauthorization bill would mean significantly less funding available to and ultimately the City of Clearwater programs. RECOMMENDED POSITION: Monitor Monitor efforts to enhance Federal transportation revenue streams. secure funding for the City of Clearwater’s NOTES: Page 4 : Transportation Authorization BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: After several years of term authorizations, Congress passed and the President signed the Moving Ahead for Progress in n July 6, 2012. MAP-21 funds Federal surface transportation programs revious authorization ($48 billion) through September 30, 2014, which means that Congress will need to begin to craft the follow-on legislation to MAP-21 well before the end , or changed many programs, transformed nearly all discretionary transportation grant programs into formula programs, and left much discretion to state Departments of Transportation on how to allocate funding among the remaining programs. the removal of dedicated funding for several programs, including Safe Routes to School, Recreational Trails, and the Transportation Enhancements program. The legislation instead created a new program called Transportation Alternatives (TA). Under this consolidated progra funding for these activities will be reduced by approximately $300 million annually from current levels of funding. Fifty percent of Florida’s estimated $49 million TA allocation for FY 2013 will be sub within the state based on population, and census-designated urbanized areas with populations above 200,000 will be given project selection authority over its portion of these funds. Funding the Pinellas County Metropolitan Planning Organizati 21, Congress did not address the need for a long-term, sustainable plan to finance our nation’s transportation infrastructure. Fuel taxes, which currently provide most of the money for surface a solid long-term foundation for generally desired transportation funding authorize a modest increase. The choice then becomes finding new sources of income for an expanded program, or alternately, to settle for a smaller program that might look very different than the one currently in place. Less Federal funding via a future transportation reauthorization bill would mean significantly less funding available to FDOT, the Pinellas County MPO, Clearwater, to support both surface transportation and transit projects and Monitor proposed changes to Federal highway and transit programs. efforts to enhance Federal transportation revenue streams. Support any and all opportunities to the City of Clearwater’s priorities via this legislation or other means. After several years of Moving Ahead for Progress in 21 funds Federal surface transportation programs revious authorization ($48 billion) through September 30, 2014, which 21 well before the end transformed nearly all discretionary transportation grant programs into formula programs, and left much discretion to state Departments of dicated funding for several programs, including Safe Routes to School, Recreational Trails, and the Transportation Enhancements program. The legislation instead created a new program called Transportation Alternatives (TA). Under this consolidated program, funding for these activities will be reduced by approximately $300 million annually from current levels of TA allocation for FY 2013 will be sub-allocated designated urbanized areas with populations above unding available to the Planning Organization (MPO). term, sustainable plan to finance our nation’s transportation infrastructure. Fuel taxes, which currently provide most of the money for surface term foundation for generally desired transportation funding . The choice then becomes finding new program that might look very different than the one currently in place. Less Federal funding via a future transportation the Pinellas County MPO, , to support both surface transportation and transit projects and proposed changes to Federal highway and transit programs. y and all opportunities to priorities via this legislation or other means. Attachment number 1 \nPage 9 of 27 Item # 20 FEDERAL ISSUE: Alternative Fuel Tax Incentives BACKGROUND; HOW IT MAY AFFECT authorization bill known as SAFETEA vehicle fuel. The $0.50 per gallon equivalent incentive is provided to businesses, individuals, and tax exempt entities that sell the fuel and essentially becomes a rebate. The $0.50 incentive originally expired at the end of Fiscal Year 2009, but has since been extended three times to the end of calendar year 2013, most recently as part of the American Taxpayer Relief Act of 2012 In the fall of 2011, the City of Clearwater opened Bay area, and takes advantage of this tax incentive provided to the City is estimated to be $75,000 years. There remains an underlying feeling among some in Congress that the free fuels, etc. we use to power the nation and that the Federal government should not in essence pick winners and losers via tax policy. An example of this is was legislation introduced in the 112 Pompeo (R-KS) that would have terminated all energy incentives. In another example, Rep. John Sullivan ( Americans Solutions Act in 2011. Senator Robert Menendez ( the Senate. The Sullivan-Menendez natural gas, including extending the natural gas fuel tax incentive. During the 112 retained bipartisan support in the House with over 180 cosponsors very unusual step to remove their names as co RECOMMENDED POSITION: Support natural gas when used as a motor fuel. NOTES: Page 5 Alternative Fuel Tax Incentives BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: An older authorization bill known as SAFETEA-LU provided a tax incentive for natural gas when used as a motor per gallon equivalent incentive is provided to businesses, individuals, and tax and essentially becomes a rebate. The $0.50 incentive originally expired at the end of Fiscal Year 2009, but has since been extended three times to the end of calendar year 2013, American Taxpayer Relief Act of 2012, albeit partially retroactively. Clearwater opened the first public natural gas filling station in the Tampa takes advantage of this tax incentive with every gallon of gas sold. For 2012, t estimated to be $75,000 and is expected to grow significantly over the There remains an underlying feeling among some in Congress that the free-market should determine what the nation and that the Federal government should not in essence pick winners and losers via tax policy. An example of this is was legislation introduced in the 112th Congress by Rep. KS) that would have terminated all energy incentives. , Rep. John Sullivan (R-OK) introduced the New Alternative Transportation to Give Senator Robert Menendez (D-NJ) introduced companion legislation in Menendez bill would have amended a variety of laws to promote , including extending the natural gas fuel tax incentive. During the 112th Congress, t bipartisan support in the House with over 180 cosponsors, but 18 members of the House took the unusual step to remove their names as co-sponsors of the legislation. Support the extension of a $0.50 per gallon equivalent tax incentive for natural gas when used as a motor fuel. : An older Transportation LU provided a tax incentive for natural gas when used as a motor per gallon equivalent incentive is provided to businesses, individuals, and tax- and essentially becomes a rebate. The $0.50 incentive originally expired at the end of Fiscal Year 2009, but has since been extended three times to the end of calendar year 2013, rtially retroactively. filling station in the Tampa For 2012, the rebate over the next several market should determine what the nation and that the Federal government should not in essence pick winners Congress by Rep. OK) introduced the New Alternative Transportation to Give NJ) introduced companion legislation in promote greater use of Congress, the bill , but 18 members of the House took the the extension of a $0.50 per gallon equivalent tax incentive for Attachment number 1 \nPage 10 of 27 Item # 20 FEDERAL ISSUE: Public Safety Programs BACKGROUND; HOW IT MAY AFFECT many Department of Justice (DOJ) and Department of Homeland Security (DHS) programs are provided as block grants with each state receiving a certain That funding is then passed through to local jurisdictions to help support police, fire, emergency management, and homeland security functions of government. In other instances, funding from federal programs is made available to local governments via competitive grant solicitations. Specifically, program funds can be used to hire police officers through Community Oriented Policing Services (COPS) or firefighters through Staffing For Adequate Fire & Emerg equipment through the Justice Assistance Grant (JAG) or Assistance to Firefighters Grant (AFG). The City of Clearwater benefits from annual allocations from several of these other programs offer competitive grant opportunities from which the City has Most federal public safety programs saw a decrease in funding from Fiscal Year (FY) 2011 to FY 2012 However, in FY 2013, some actually received a slight increase · For FY 2012, COPS hiring grants were funded at $166 million increase to $176.7 million, even after sequestration · For FY 2012, the JAG program to $372.8 million after sequestration · For FY 2012, the AFG program $320.15 in FY 2013 after sequestration. · For FY 2012, the SAFER grant program $320.5 million in FY 2013 after sequestration RECOMMENDED POSITION: Support Justice and Department of Homeland Security grants Justice Assistance Grants, Emergency Management Performance Grants, Assistance to Firefighters Grants, and Staffing for Adequate Fire and Emergency Response Grants Clearwater’s future applications for these funds NOTES: Page 6 Public Safety Programs BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: Federal grant funding for many Department of Justice (DOJ) and Department of Homeland Security (DHS) programs are provided as block grants with each state receiving a certain amount of funding, generally linked to population. That funding is then passed through to local jurisdictions to help support police, fire, emergency management, and homeland security functions of government. In other instances, funding from federal rams is made available to local governments via competitive grant solicitations. Specifically, program funds can be used to hire police officers through Community Oriented Policing Services (COPS) or firefighters through Staffing For Adequate Fire & Emergency Response Grants (SAFER), purchase equipment through the Justice Assistance Grant (JAG) or Assistance to Firefighters Grant (AFG). The City of Clearwater benefits from annual allocations from several of these Federal programs, while er competitive grant opportunities from which the City has traditionally Most federal public safety programs saw a decrease in funding from Fiscal Year (FY) 2011 to FY 2012 However, in FY 2013, some actually received a slight increase. FY 2012, COPS hiring grants were funded at $166 million, and in FY 2013 experience , even after sequestration. program was funded at $352 million, and in FY 2013 also had an increase after sequestration. the AFG program was funded at $337.5 million, but experienced a decrease to after sequestration. grant program was funded at $337.5 million, but also saw a decrease to after sequestration. Support adequate annual funding for a wide variety of Department of Justice and Department of Homeland Security grants (e.g., Community Oriented Policing Services, Byrne Grants, Emergency Management Performance Grants, Assistance to Firefighters Grants, and Staffing for Adequate Fire and Emergency Response Grants). Support the City of applications for these funds. Federal grant funding for many Department of Justice (DOJ) and Department of Homeland Security (DHS) programs are provided amount of funding, generally linked to population. That funding is then passed through to local jurisdictions to help support police, fire, emergency management, and homeland security functions of government. In other instances, funding from federal rams is made available to local governments via competitive grant solicitations. Specifically, program funds can be used to hire police officers through Community Oriented Policing Services (COPS) ency Response Grants (SAFER), purchase equipment through the Justice Assistance Grant (JAG) or Assistance to Firefighters Grant (AFG). programs, while traditionally sought funds. Most federal public safety programs saw a decrease in funding from Fiscal Year (FY) 2011 to FY 2012. FY 2013 experienced an FY 2013 also had an increase , but experienced a decrease to , but also saw a decrease to a wide variety of Department of e.g., Community Oriented Policing Services, Byrne Grants, Emergency Management Performance Grants, Assistance to Firefighters the City of Attachment number 1 \nPage 11 of 27 Item # 20 FEDERAL ISSUE: The Corporation for National Grant Program BACKGROUND; HOW IT MAY AFFECT signed the National and Community Service Trust Act for National and Community Service programs under the umbrella of one central organization. network of national service programs the United States to meet critical needs in education, public safety, health, and the environment. the success of the program, and underscoring its bipartisan support, Strengthen AmeriCorps Program Act, which members in all categories. For the past 18 years, the City of Clearwater’s Police Department has received Federal funding from AmeriCorps’ State and National grant program through Florida’s State Service Commission, Volunteer Florida. The Clearwater Police Department’s program offers a two college students, which provides them the opportuni These students are offered shadowing oppo participating in day-to-day activities in the police department. After the two years, if the stu proven themselves, they have the opportunity to be hired on as police officers. Since the inception of this program, the Clearwater Police Department has hired permanently 20 police officers and promoted 4 to supervisor positions. The aforementioned bipartisan support for CNCS programs, including the AmeriCorps’ State and National grant program, has waned in Congress during the past and 2013, the House of Representatives approved their versi and Education Appropriations bill, which included a 74 percent funding reduction overall, and eliminated all AmeriCorps grant programs. Ultimately, in FY 2012, the CNCS was funded at $1.048 billion, with the AmeriCorps’ State and National grant program receiving $344.3 million. It has been determined that the CNCS will see an overall reduction in funding for FY 2013 of approximately $53 million from its FY 2012 level. RECOMMENDED POSITION: Su Corporation for National and Community Service grant program. NOTES: Page 7 Corporation for National and Community Service – AmeriCorps’ State and BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: President Bill Clinton signed the National and Community Service Trust Act in 1993. This initiative established the Corporation for National and Community Service (CNCS) and brought the full range of domestic community service programs under the umbrella of one central organization. This legislation also created AmeriCorps, rograms that provide intensive community service opportunities to meet critical needs in education, public safety, health, and the environment. the success of the program, and underscoring its bipartisan support, President George W. Strengthen AmeriCorps Program Act, which authorized nearly double the number of AmeriCorps For the past 18 years, the City of Clearwater’s Police Department has received Federal funding from AmeriCorps’ State and National grant program through Florida’s State Service Commission, Volunteer Florida. The Clearwater Police Department’s program offers a two-year public safety program to local , which provides them the opportunity to work directly with law enforcement officials. These students are offered shadowing opportunities such as going on ride-alongs with police officers, and day activities in the police department. After the two years, if the stu proven themselves, they have the opportunity to be hired on as police officers. Since the inception of this program, the Clearwater Police Department has hired permanently 20 police officers and promoted 4 to The aforementioned bipartisan support for CNCS programs, including the AmeriCorps’ State and National grant program, has waned in Congress during the past few years. In both Fiscal Year (FY) 2012 and 2013, the House of Representatives approved their version of the Labor, Health and Human Services, bill, which included a 74 percent funding reduction for CNCS programs AmeriCorps grant programs. Ultimately, in FY 2012, the CNCS was funded at lion, with the AmeriCorps’ State and National grant program receiving $344.3 million. It has been determined that the CNCS will see an overall reduction in funding for FY 2013 of approximately $53 million from its FY 2012 level. Support continued annual funding for grant programs within the Corporation for National and Community Service, particularly for the AmeriCorps State and National AmeriCorps’ State and President Bill Clinton tablished the Corporation and brought the full range of domestic community service This legislation also created AmeriCorps, a community service opportunities throughout to meet critical needs in education, public safety, health, and the environment. Due to George W. Bush signed the nearly double the number of AmeriCorps For the past 18 years, the City of Clearwater’s Police Department has received Federal funding from the AmeriCorps’ State and National grant program through Florida’s State Service Commission, Volunteer year public safety program to local ty to work directly with law enforcement officials. alongs with police officers, and day activities in the police department. After the two years, if the students have proven themselves, they have the opportunity to be hired on as police officers. Since the inception of this program, the Clearwater Police Department has hired permanently 20 police officers and promoted 4 to The aforementioned bipartisan support for CNCS programs, including the AmeriCorps’ State and years. In both Fiscal Year (FY) 2012 Health and Human Services, CNCS programs AmeriCorps grant programs. Ultimately, in FY 2012, the CNCS was funded at lion, with the AmeriCorps’ State and National grant program receiving $344.3 million. It has been determined that the CNCS will see an overall reduction in funding for FY 2013 of approximately funding for grant programs within the , particularly for the AmeriCorps State and National Attachment number 1 \nPage 12 of 27 Item # 20 FEDERAL ISSUE: Prescription Drug Abuse BACKGROUND; HOW IT MAY AFFECT prescription drugs in the United States has resulted in reactions Administration, Congress, and the s reduction efforts due to complications sold. In 2011, the Administration released the Prescription Drug Abuse Prevention Plan, which proposes to increase enforcement, improve education, monitoring, and ensure the proper disposal of medication While Florida and other states have enacted their own legislation reduce prescription drug abuse on a national level In 2010, the Florida Medical Examiner's Commission showed Pinellas and Pasco Counties lead Florida Prescription Drug Monitoring whenever they prescribe and dispense pain medication such as Xanax, Vicodin, OxyContin, etc. already been prescribed or dispensed to an individual is not mandated According to Chief Holloway, prescription drug abuse remains The Drug Enforcement Agency classifies drugs based on t are classified as schedule II, III, and IV drugs) drugs (Vicodin, Norco, Lortab) have a misclassified as Schedule III drugs. providers that these painkillers are less dangerous or less powerful than their Schedule II counterparts. In an effort to combat this problem, in the House, and Senators Joe Manchin (D “The Safe Prescribing Act of 2013.” improve prescription standards for hydrocodone combination drugs period, as Schedule II drugs. This would make passed, the bill would also require the Government Accou this legislation on legitimate patient access to these drugs. The Safe Prescribing Act of 2013 has 4 additional cosponsors in the Senate and 40 in the House, including several Florida delegation members from prevention, health care and law enforcement organizations, including Prescription Drug Abuse and the Fraternal Order of Police. RECOMMENDED POSITION: Support that aim to reduce prescription drug abuse. NOTES: Page 8 Prescription Drug Abuse BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: The growing abuse of prescription drugs in the United States has resulted in reactions from both Federal and state officials. The the state of Florida are supporting widespread prescription drug abuse efforts due to complications that arise when prescription drugs are moved across borders to be In 2011, the Administration released the Prescription Drug Abuse Prevention Plan, which proposes rcement, improve education, monitoring, and ensure the proper disposal of medication ve enacted their own legislation, Congress continues to discuss how to on a national level. the Florida Medical Examiner's Commission released a report on prescription drug abuse that Counties leading the state in prescription drug overdose related onitoring Program requires doctors and pharmacists to enter whenever they prescribe and dispense controlled substance drugs. This has curbed access such as Xanax, Vicodin, OxyContin, etc.. But, checking to see if one of these drugs has already been prescribed or dispensed to an individual is not mandated, leaving an obvious loophole According to Chief Holloway, prescription drug abuse remains a problem in the City of Clearwater. The Drug Enforcement Agency classifies drugs based on their abuse potential and addictive nature are classified as schedule II, III, and IV drugs). Research has shown that Hydrocodone combination drugs (Vicodin, Norco, Lortab) have a high potential for addiction and abuse, indicating This misclassification sends the wrong message to patients and providers that these painkillers are less dangerous or less powerful than their Schedule II counterparts. , Congressmen Vern Buchanan (R-FL) and Edward Markey (D Joe Manchin (D-WV) and Mark Kirk (R-IL) in the Senate, ha ” This legislation would amend the Control Substances Act (CSA improve prescription standards for hydrocodone combination drugs by reclassifying them , as Schedule II drugs. This would make them much harder to prescribe and thus acquire he bill would also require the Government Accounting Office to issue a report on the impact of this legislation on legitimate patient access to these drugs. has 4 additional cosponsors in the Senate and 40 in the House, including several Florida delegation members from both parties. It is also supported by prevention, health care and law enforcement organizations, including the National Coalition Against and the Fraternal Order of Police. Support the Safe Prescribing Act and other legislation reduce prescription drug abuse. The growing abuse of from both Federal and state officials. The prescription drug abuse that arise when prescription drugs are moved across borders to be In 2011, the Administration released the Prescription Drug Abuse Prevention Plan, which proposes rcement, improve education, monitoring, and ensure the proper disposal of medication. to discuss how to released a report on prescription drug abuse that prescription drug overdose related deaths. The to enter into a database access to addictive checking to see if one of these drugs has , leaving an obvious loophole. ty of Clearwater. heir abuse potential and addictive nature (these Hydrocodone combination , indicating they are currently This misclassification sends the wrong message to patients and providers that these painkillers are less dangerous or less powerful than their Schedule II counterparts. and Edward Markey (D-MA), have introduced the Control Substances Act (CSA) to reclassifying them, for a 3 year much harder to prescribe and thus acquire. If on the impact of has 4 additional cosponsors in the Senate and 40 in the House, supported by 17 drug the National Coalition Against legislation and initiatives Attachment number 1 \nPage 13 of 27 Item # 20 FEDERAL ISSUE: Tax-Exempt Bonds BACKGROUND; HOW IT MAY AFFECT bonds have been tax-exempt for almost 100 which target the tax exemption of tax or reduce Federal spending. With local governments facing severe budget difficulties limit the tax exemption would put more pressure on local finances by reducing demand for tax bonds and increase borrowing costs for state and local governments, ultimately leading to higher taxes or reduced services. Specifically: · The Administration has proposed as part of a jobs and deficit reduction plan to limit the benefit of itemized deductions and certain exclusions to 28 percent for higher income taxpayers. · The Administration’s plan also includes a new debt reduction exclusion for tax-exempt bond interest income below 28 percent. The new trigger could limit the tax savings from tax-exempt bonds every year, increasing the risk and the cost of all tax bonds. · The Administration’s National Commission on Fiscal Responsibility and Reform, also called Simpson-Bowles, recommended a tax reform plan which would end the tax exemption for newly issued state and local bonds. · The Bipartisan Policy Center has proposed a tax reform plan, al which would end the tax exemption for all new private · Senators Ron Wyden (D-OR) Simplification Act which would replace tax · Senator Tom Coburn (R-OK) which authorizes tribes to issue tax · The Congressional Budget Office has released a report on r a proposal to replace the tax exemption of municipal bonds with a direct subsidy for issuers. Estimates have been provided that the difference in the rate of earnings that local governments would need to offer prospective buyers of their taxable bonds would depend on the market, but may be roughly 1.35 percent more for those offerings. On $10 million borrowed, this would likely cost $1,660,000 over a 20 year term, a cost that would be borne by local taxpayers. RECOMMENDED POSITION: Oppose local bonds, including a 28 percent cap on tax NOTES: Page 9 Exempt Bonds BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: Although municipal exempt for almost 100 years, a number of Federal proposals continue to be discussed which target the tax exemption of tax-exempt bonds, particularly as part of the debate to end the sequester or reduce Federal spending. With local governments facing severe budget difficulties, any proposal to limit the tax exemption would put more pressure on local finances by reducing demand for tax bonds and increase borrowing costs for state and local governments, ultimately leading to higher taxes or The Administration has proposed as part of a jobs and deficit reduction plan to limit the benefit of itemized deductions and certain exclusions to 28 percent for higher income taxpayers. The Administration’s plan also includes a new debt reduction trigger which could further limit the exempt bond interest income below 28 percent. The new trigger could limit the exempt bonds every year, increasing the risk and the cost of all tax n’s National Commission on Fiscal Responsibility and Reform, also called Bowles, recommended a tax reform plan which would end the tax exemption for newly issued state and local bonds. The Bipartisan Policy Center has proposed a tax reform plan, also known as Domenici which would end the tax exemption for all new private-purpose bonds. OR) and Dan Coats (R-IN) introduced the Bipartisan Tax Fairness and Simplification Act which would replace tax-exempt bonds with taxable bonds and a tax credit. OK) has proposed a tax reform plan which would repeal the program which authorizes tribes to issue tax-exempt bonds for economic development purposes. The Congressional Budget Office has released a report on revenue-raising options which includes a proposal to replace the tax exemption of municipal bonds with a direct subsidy for issuers. the difference in the rate of earnings that local governments would tive buyers of their taxable bonds would depend on the market, but may be roughly 1.35 percent more for those offerings. On $10 million borrowed, this would likely cost $1,660,000 over a 20 year term, a cost that would be borne by local taxpayers. Oppose legislation that would threaten the tax exemption on state and local bonds, including a 28 percent cap on tax-exempt municipal bonds. Although municipal years, a number of Federal proposals continue to be discussed exempt bonds, particularly as part of the debate to end the sequester , any proposal to limit the tax exemption would put more pressure on local finances by reducing demand for tax-exempt bonds and increase borrowing costs for state and local governments, ultimately leading to higher taxes or The Administration has proposed as part of a jobs and deficit reduction plan to limit the benefit of itemized deductions and certain exclusions to 28 percent for higher income taxpayers. trigger which could further limit the exempt bond interest income below 28 percent. The new trigger could limit the exempt bonds every year, increasing the risk and the cost of all tax-exempt n’s National Commission on Fiscal Responsibility and Reform, also called Bowles, recommended a tax reform plan which would end the tax exemption for newly- so known as Domenici-Rivlin, introduced the Bipartisan Tax Fairness and bonds and a tax credit. has proposed a tax reform plan which would repeal the program exempt bonds for economic development purposes. raising options which includes a proposal to replace the tax exemption of municipal bonds with a direct subsidy for issuers. the difference in the rate of earnings that local governments would tive buyers of their taxable bonds would depend on the market, but may be roughly 1.35 percent more for those offerings. On $10 million borrowed, this would likely cost $1,660,000 over a threaten the tax exemption on state and Attachment number 1 \nPage 14 of 27 Item # 20 FEDERAL ISSUE: Sales-Tax Legislation BACKGROUND; HOW IT MAY AFFECT only required to collect sales tax in states where they have brick to consumers to report to state tax departments any sales taxes they owe for online purchases. Often, consumers do not report those purchases when completing their tax returns. As a result, local retailers are at a competitive disadvantage because they must collect sales taxes while out many large online and catalog retailers, local sales taxes. Consumers are left with the confusing yet legal responsibility to report the sales taxes owed on online purchases on their tax returns. The current sales tax system is perceived as being unfair to brick residents, including local stores as well as national chains like Best Buy or Home Depot. It is also a drain on local government revenues. In 2012, uncollected sales tax is estima billion nationwide. To correct this inequity, legislation as having the best chance of becoming law. The bipartisan legislation and for the first time had the backing of some major online retailers such as Amazon.com. In the House, similar, bipartisan legislation also gained traction with 5 both pieces of legislation exempted from the requirement to collect the tax. Local, state, and national business groups, such as the Florida Chamber of Commerce, Associated Industries of Florida, Florida TaxWatch, Flori favor of these types of bills. This bill has been reintroduced in the support with 22 cosponsors in the Senate and Crenshaw, Deutch, Ross, and Diaz-Balart. Legislation of this type spending reduction or tax reform measure in the 113 RECOMMENDED POSITION: Support sales to collect and remit the associated taxes. NOTES: Page 10 Tax Legislation BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: Currently, retailers are only required to collect sales tax in states where they have brick-and-mortar stores. The burden then falls to consumers to report to state tax departments any sales taxes they owe for online purchases. Often, nsumers do not report those purchases when completing their tax returns. As a result, local retailers are at a competitive disadvantage because they must collect sales taxes while out-of-state retailers, including many large online and catalog retailers, in effect give their customers a discount by collecting no state or local sales taxes. Consumers are left with the confusing yet legal responsibility to report the sales taxes owed on online purchases on their tax returns. perceived as being unfair to brick-and-mortar retailers that employ local residents, including local stores as well as national chains like Best Buy or Home Depot. It is also a drain on local government revenues. In 2012, uncollected sales tax is estimated to cost local governments $23 was introduced in the Senate during the 112th Congress and as having the best chance of becoming law. The bipartisan legislation was cosponsored by 19 Se the backing of some major online retailers such as Amazon.com. In the House, also gained traction with 56 cosponsors. To protect small, online retailers, sellers who make less than $500,000 in total remote sales to qualify from the requirement to collect the tax. Local, state, and national business groups, such as the Florida Chamber of Commerce, Associated Industries of Florida, Florida TaxWatch, Florida Retail Federation, and Amazon.com have spoken out in been reintroduced in the House and Senate in the 113th Congress, and already has significant cosponsors in the Senate and 42 cosponsors in the House, including Florida Reps. Balart. Legislation of this type could be also wrapped up into a future spending reduction or tax reform measure in the 113th Congress. Support legislation that requires companies making catalog and internet sales to collect and remit the associated taxes. Currently, retailers are mortar stores. The burden then falls to consumers to report to state tax departments any sales taxes they owe for online purchases. Often, nsumers do not report those purchases when completing their tax returns. As a result, local retailers are state retailers, including in effect give their customers a discount by collecting no state or local sales taxes. Consumers are left with the confusing yet legal responsibility to report the sales taxes mortar retailers that employ local residents, including local stores as well as national chains like Best Buy or Home Depot. It is also a drain ted to cost local governments $23 Congress and was seen cosponsored by 19 Senators, the backing of some major online retailers such as Amazon.com. In the House, cosponsors. To protect small, online retailers, remote sales to qualify Local, state, and national business groups, such as the Florida Chamber of Commerce, Associated da Retail Federation, and Amazon.com have spoken out in Congress, and already has significant the House, including Florida Reps. wrapped up into a future equires companies making catalog and internet Attachment number 1 \nPage 15 of 27 Item # 20 FEDERAL ISSUE: Transient Occupancy Taxes BACKGROUND; HOW IT MAY AFFECT attempts were made by senior Senators to insert language into various pieces of legislation that would have exempted online travel brokers (Expedia, Travelocity, etc.) from remitting the full bed tax rate collected from consumers to the appropri were to pay $60 for a room in the City of Clearwater would be able to, under the proposal, only remit $6 dollars to the local government in 10 percent bed tax for illustrative purposes). In late 2009, 17 Florida counties, including Pinellas, companies alleging that the companies development tax ordinances. During 2012, there were several Florida State Circuit Court cases that ruled in favor of the online travel brokers. Two cited that Florida law is not clear on the issue, while a Circuit Court Judge ruled more directly in July that the discounted rates they paid for the rooms. In Fiscal Year 2012, Pinellas County collected is used to support the tourism industry in our region. Aquarium have suggested using a portion of the transient occupancy tax that currently goes toward paying the debt on Tropicana Field for the proposed Clearwater Marine Aquarium, once it sunsets in 2016. This “stadium tax” alone generates nearly $5.5 million per year in revenue. Given the importance of this project to the City of Clearwater, revenue source and the need to ensure it is not constrained by detrimental legislation. RECOMMENDED POSITION: Oppose taxes on the full room rate paid by the consumer, thereby costing collect the appropriate Transient Occupancy Taxes from visitors to the region. NOTES: Page 11 Transient Occupancy Taxes BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: In the 111 attempts were made by senior Senators to insert language into various pieces of legislation that would have exempted online travel brokers (Expedia, Travelocity, etc.) from remitting the full bed tax rate collected from consumers to the appropriate local government. For instance, if an online travel broker the City of Clearwater and then sell that room to a consumer for $100, they would be able to, under the proposal, only remit $6 dollars to the local government instead of $10 (using a 10 percent bed tax for illustrative purposes). , including Pinellas, filed an action against a number of online travel the companies have failed to collect and/or pay taxes under the During 2012, there were several Florida State Circuit Court cases that ruled . Two cited that Florida law is not clear on the issue, while a Circuit led more directly in July that the online travel broker only owes local tourist taxes on the discounted rates they paid for the rooms. County collected a record $27.1 million in transient occupancy taxes, which is used to support the tourism industry in our region. Recently, officials with the Clearwater Marine Aquarium have suggested using a portion of the transient occupancy tax that currently goes toward Tropicana Field for the proposed Clearwater Marine Aquarium, once it sunsets in 2016. This “stadium tax” alone generates nearly $5.5 million per year in revenue. Given the importance arwater, and this level of funding, underscores the significance revenue source and the need to ensure it is not constrained by detrimental legislation. Oppose legislation that would exempt online travel brokers from paying y the consumer, thereby costing Pinellas County the opportunity to collect the appropriate Transient Occupancy Taxes from visitors to the region. In the 111th Congress, attempts were made by senior Senators to insert language into various pieces of legislation that would have exempted online travel brokers (Expedia, Travelocity, etc.) from remitting the full bed tax rate an online travel broker and then sell that room to a consumer for $100, they stead of $10 (using a an action against a number of online travel er the respective tourist During 2012, there were several Florida State Circuit Court cases that ruled . Two cited that Florida law is not clear on the issue, while a Circuit local tourist taxes on the in transient occupancy taxes, which the Clearwater Marine Aquarium have suggested using a portion of the transient occupancy tax that currently goes toward Tropicana Field for the proposed Clearwater Marine Aquarium, once it sunsets in 2016. This “stadium tax” alone generates nearly $5.5 million per year in revenue. Given the importance significance of this travel brokers from paying County the opportunity to Attachment number 1 \nPage 16 of 27 Item # 20 FEDERAL ISSUE: Economic Development Administration BACKGROUND; HOW IT MAY AFFECT Development Administration (EDA) is primarily a granting agency that funds economic development projects throughout the country. Successful projects usually leverage roughly 200 new jobs and $24 million in private investment for every $1 million of EDA investment. The City of Clearwater has identifie with the highest growth potential. The City recently entered into an agreement Innovation Center to create and implement a “Virtual Incubator Program and learning opportunities to help foster offer all of the benefits of the traditional “bricks and mortar” incuba Should this prove to be a successful endeavor, location space and partially transition th The President’s Deficit Commission, as well as more recent Congressional proposals, has proposed the elimination of EDA, as its mission is seen as duplicative by some. In June 2012 the “Economic Development Revitalization Act,” which would have reauthorized the Economic Development Administration (EDA) through 2015. EDA’s authorization expired in September 2008, but funding via the appropriations process has kept it functioning without an authori reauthorizing EDA, the Senate legislation would increase the authorized funding for the program from $300 to $500 million annually. Despite the failure to pass the legislation, the EDA will continue to operate through the annual appropriations process if provided sufficient funding by Congress. In Fiscal Year (FY) 2011, Congress provi $257 million in funding. For FY 2013, Congress ultimately provided $221 million for the ED includes $184 million for Economic Development Assistance Programs RECOMMENDED POSITION: Support Administration. Support City of Clearwater NOTES: Page 12 omic Development Administration HOW IT MAY AFFECT THE CITY OF CLEARWATER: The Economic Development Administration (EDA) is primarily a granting agency that funds economic development ojects throughout the country. Successful projects usually leverage roughly 200 new jobs and $24 ion in private investment for every $1 million of EDA investment. identified information technology and software as one of its . The City recently entered into an agreement with the Tampa Bay Innovation Center to create and implement a “Virtual Incubator Program,” which will offer mentoring and learning opportunities to help foster and grow this promising industry in Clearwater. It aditional “bricks and mortar” incubator, but without a physical location. Should this prove to be a successful endeavor, it may be possible to work with the EDA to transition the City’s program to a more traditional business The President’s Deficit Commission, as well as more recent Congressional proposals, has proposed the elimination of EDA, as its mission is seen as duplicative by some. In June 2012, the Senate failed to pass Development Revitalization Act,” which would have reauthorized the Economic Development Administration (EDA) through 2015. EDA’s authorization expired in September 2008, but funding via the appropriations process has kept it functioning without an authorization. In addition to reauthorizing EDA, the Senate legislation would increase the authorized funding for the program from $300 to $500 million annually. Despite the failure to pass the legislation, the EDA will continue to propriations process if provided sufficient funding by Congress. In Fiscal Year (FY) 2011, Congress provided $283 million for the EDA, and in FY 2012 $257 million in funding. For FY 2013, Congress ultimately provided $221 million for the ED includes $184 million for Economic Development Assistance Programs. Support continued funding of the Economic Development City of Clearwater grant applications through the program. The Economic Development Administration (EDA) is primarily a granting agency that funds economic development ojects throughout the country. Successful projects usually leverage roughly 200 new jobs and $24 industry clusters with the Tampa Bay ” which will offer mentoring and grow this promising industry in Clearwater. It is expected to tor, but without a physical location. work with the EDA to fund co- business incubator model. The President’s Deficit Commission, as well as more recent Congressional proposals, has proposed the the Senate failed to pass Development Revitalization Act,” which would have reauthorized the Economic Development Administration (EDA) through 2015. EDA’s authorization expired in September 2008, but zation. In addition to reauthorizing EDA, the Senate legislation would increase the authorized funding for the program from $300 to $500 million annually. Despite the failure to pass the legislation, the EDA will continue to propriations process if provided sufficient funding by Congress. n FY 2012 they provided $257 million in funding. For FY 2013, Congress ultimately provided $221 million for the EDA, which omic Development Attachment number 1 \nPage 17 of 27 Item # 20 FEDERAL ISSUE: Department of Housing and Urban Development BACKGROUND; HOW IT MAY AFFECT receives direct allocations of funding from two Department of Housing and Urban Development ( formula programs: the HOME Investment Partnership Grants (CDBG). HOME funds are designed to create affordable housing for low annually as formula grants to participating jurisd establishes HOME Investment Trust Funds for each grantee, providing a line of credit that the jurisdiction may draw upon as needed. The program allows local governments to use HOME funds for grants, direct loans, loan guarantees or other forms of credit enhancement, or rental assistance or security deposits. CDBG is a flexible grant program that provides communities with Federal funding to address a wide range of unique community development needs. The CDBG formula basis to units of local government and In Fiscal Year (FY) 2012, HOME was reduced by 38 percent, from $1.6 billion in in 2012. In FY 2011, the City of Clearwater City received a significant 40 percent reduction to Similarly, CDBG funding was cut by nearly 12 percent, from $3.3 billion in FY 2012. In FY 2011, the City of Clearwater received a 14 percent reduction to $719,955 each community as well as changes to the type of data they use For FY 2013, the CDBG formula program will FY 2012 due to the fact that it includes $300 million in funding that was removed from the CDBG program to be put toward emergency supplemental bill for Superstorm Sandy recovery. The program will see a cut of $50 million RECOMMENDED POSITION: Support the Community Development Block Grants and the HOME Investment Partnerships p their critical role in the City’s overall NOTES: Page 13 Department of Housing and Urban Development Formula Programs BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: The City of Clearwater direct allocations of funding from two Department of Housing and Urban Development ( formula programs: the HOME Investment Partnerships (HOME) and Community Development Block HOME funds are designed to create affordable housing for low-income households and are awarded annually as formula grants to participating jurisdictions, including the City of Clearwater establishes HOME Investment Trust Funds for each grantee, providing a line of credit that the jurisdiction may draw upon as needed. The program allows local governments to use HOME funds for grants, direct oans, loan guarantees or other forms of credit enhancement, or rental assistance or security deposits. program that provides communities with Federal funding to address a wide range of unique community development needs. The CDBG program provides annual grants on a formula basis to units of local government and states, including the City of Clearwater. 2012, HOME was reduced by 38 percent, from $1.6 billion in FY 2011 to $1 billion City of Clearwater received $500,323 in HOME funding, while in a significant 40 percent reduction to $301,560. Similarly, CDBG funding was cut by nearly 12 percent, from $3.3 billion in FY 2011 to $2.948 billion in the City of Clearwater received a total of $838,241, while in FY $719,955. HUD explains that this is due to changing demographics in each community as well as changes to the type of data they use to make their funding decisions. formula program will be funded at $3.1 billion. This is a small increase from FY 2012 due to the fact that it includes $300 million in funding that was removed from the CDBG program to be put toward emergency supplemental bill for Superstorm Sandy recovery. The lion from FY 2012 to $950 million for FY 2013. Support at continued adequate funding for future fiscal years Community Development Block Grants and the HOME Investment Partnerships program overall efforts to support those that are least fortunate. Formula Programs The City of Clearwater direct allocations of funding from two Department of Housing and Urban Development (HUD) (HOME) and Community Development Block income households and are awarded the City of Clearwater. HUD establishes HOME Investment Trust Funds for each grantee, providing a line of credit that the jurisdiction may draw upon as needed. The program allows local governments to use HOME funds for grants, direct oans, loan guarantees or other forms of credit enhancement, or rental assistance or security deposits. program that provides communities with Federal funding to address a wide program provides annual grants on a 2011 to $1 billion , while in FY 2012, the 2011 to $2.948 billion in FY 2012, the City HUD explains that this is due to changing demographics in to make their funding decisions. . This is a small increase from FY 2012 due to the fact that it includes $300 million in funding that was removed from the CDBG program to be put toward emergency supplemental bill for Superstorm Sandy recovery. The HOME for future fiscal years for both rograms because of Attachment number 1 \nPage 18 of 27 Item # 20 FEDERAL ISSUE: Supportive Housing for the Elderly Housing and Urban Development’s BACKGROUND; HOW IT MAY AFFECT Development (HUD) Section 202 program helps expand the supply of affordable housing with supportive services for the elderly by providing interes finance the development of housing. The capital advance does not have to be repaid as long as the project serves very low-income elderly persons for 40 years. The Section 202 program also provides HUD-approved operating cost for the project and the tenants' contribution towards rent. Project rental assistance contracts are approved initially for 3 years and are renewable based on The HUD Section 811 program is authorized to provide funding to develop and subsidize rental housing with an availability of supportive services for very low Section 811 program provided interest developers of affordable housing for persons with disabilities program. However, in Fiscal Year 2012, Congress moved toward providing funding for entered into partnerships with state health and human services and Medicaid agencies to multifamily housing complexes that provide a range of services for the disabled. In Pinellas County, the non-profit Boley Centers, Inc. receives distribute to several housing complexes throughout the County, including Apartments in Clearwater, which provides housing for disabled veterans. In Fiscal Year (FY) 2012, the HUD Section 202 program received $374.6 million, and the Section 811 program received $165 million. For FY 2013, b their FY 2012 levels due to sequestration additional reductions in future years, particularly as the House spending. RECOMMENDED POSITION: Support of Housing and Urban Development’s Supportive Housing for Persons with Disabilities Program (S NOTES: Page 14 : Supportive Housing for the Elderly and for Persons with Disabilities t’s Section 202 and 811 Programs BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: The Housing and Urban Section 202 program helps expand the supply of affordable housing with supportive services for the elderly by providing interest-free capital advances to private, nonprofit sponsors to finance the development of housing. The capital advance does not have to be repaid as long as the project income elderly persons for 40 years. The Section 202 program also provides project rental assistance funds to cover the difference between the approved operating cost for the project and the tenants' contribution towards rent. Project rental assistance contracts are approved initially for 3 years and are renewable based on the availability of funds. The HUD Section 811 program is authorized to provide funding to develop and subsidize rental housing with an availability of supportive services for very low-income adults with disabilities. Traditionally, the interest-free capital advances and operating subsidies to nonprofit developers of affordable housing for persons with disabilities, in a similar manner to the Section 202 program. However, in Fiscal Year 2012, Congress chose not to fund these activities, and instead have for rental assistance. These funds go to state housing agencies entered into partnerships with state health and human services and Medicaid agencies, and are distributed that provide a range of services for the disabled. profit Boley Centers, Inc. receives HUD Section 202 and 811 distribute to several housing complexes throughout the County, including the Jerry Howe Transitional , which provides housing for disabled veterans. Fiscal Year (FY) 2012, the HUD Section 202 program received $374.6 million, and the Section 811 For FY 2013, both of these programs will see about a 5 sequestration, to $355.87 and $156.75 respectively. These programs additional reductions in future years, particularly as the House of Representatives seeks to reduce Federal Support continued adequate annual Federal funding of the Department of Housing and Urban Development’s Supportive Housing for the Elderly Program (Section 202), and Supportive Housing for Persons with Disabilities Program (Section 811). and for Persons with Disabilities - Department of : The Housing and Urban Section 202 program helps expand the supply of affordable housing with supportive free capital advances to private, nonprofit sponsors to finance the development of housing. The capital advance does not have to be repaid as long as the project project rental assistance funds to cover the difference between the approved operating cost for the project and the tenants' contribution towards rent. Project rental the availability of funds. The HUD Section 811 program is authorized to provide funding to develop and subsidize rental housing Traditionally, the free capital advances and operating subsidies to nonprofit , in a similar manner to the Section 202 ctivities, and instead have to state housing agencies that have , and are distributed HUD Section 202 and 811 funding to Howe Transitional Fiscal Year (FY) 2012, the HUD Section 202 program received $374.6 million, and the Section 811 5 percent cut from . These programs may face ks to reduce Federal annual Federal funding of the Department (Section 202), and Attachment number 1 \nPage 19 of 27 Item # 20 FEDERAL ISSUE: Homeless Assistance BACKGROUND; HOW IT MAY AFFECT the McKinney-Vento Homeless Assistance Act population in the United States. It originally created several and Urban Development (HUD) that focused on combating the root causes of homelessness. McKinney-Vento Act has been amended many times, most recently in signed the Homeless Emergency Assistance and Rapid Transition to Housing (HEARTH) Act updated and expanded the definition of homelessness and McKinney-Vento. Under the HEARTH Act, programs, the Supportive Housing Program Occupancy (SRO) program, were grouped under The CoC program provides competitive grant communities seeking funds to develop problem of homelessness through a coordinated community building a system to address them. not caused merely by a lack of shelter, but involves a variety of underlying, unmet needs economic, and social. Under the CoC program, the SHP provide state to a more stable living situation. The homeless achieve residential stability, and increase their independence through progr their skill and/or income levels. The S+C program provides rental assistance that, when combined with social services, provides supportive housing for homeless people with disabilities and their families. The program allows for a variety of housing choices such as group homes or individual units, coupled with a range of supportive services. The SRO was created to expand suitable residential opport accomplished through compensating improvements made to kitchen and bathroom facilities in eligible SRO assistance for the residents that occupy those units Under the HEARTH Act, HUD also program, which include the following: housing search repair; provision of security or utility deposits; rental assistance with moving costs; and/or other activities that help homeless or would benefit individuals who have moved into permanent HUD requirement is that established renewal projects, which are most likely to receive funding, and Tier II renewal projects, wh dependent on the resources still available and the strength of the CoC’s applicati Leadership Board (HLB) is the CoC for The CoC competitive grants are funded in the Homeless Assistance Grants account Year (FY) 2012, the whole account received $1.901 billion Tier I renewal projects, from which several HLB CoC projects were funded. This included Page 15 Homeless Assistance Competitive Grants – Continuum of Care Program BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: In 1987, Congress passed Vento Homeless Assistance Act in response to the issue of an increasing homelessness population in the United States. It originally created several programs within the Department of Housing and Urban Development (HUD) that focused on combating the root causes of homelessness. has been amended many times, most recently in 2009, when President Obama signed the Homeless Emergency Assistance and Rapid Transition to Housing (HEARTH) Act updated and expanded the definition of homelessness and made changes to existing programs Under the HEARTH Act, three previously separate HUD homeless assistance Supportive Housing Program (SHP), Shelter Plus Care program (S+C), and Single Room grouped under the single umbrella Continuum of Care competitive grant funding to local governments and non-profits to develop a Continuum of Care system designed to address the critical problem of homelessness through a coordinated community-based process of identifying needs and The approach is predicated on the understanding that homelessness not caused merely by a lack of shelter, but involves a variety of underlying, unmet needs provides assistance to help the homeless transition from their current state to a more stable living situation. The goals of the program are to provide assistance that helps the achieve residential stability, and increase their independence through programs that program provides rental assistance that, when combined with social services, provides supportive housing for homeless people with disabilities and their families. The program allows for a of housing choices such as group homes or individual units, coupled with a range of supportive SRO was created to expand suitable residential opportunities for homeless individuals. This has been compensating owners of eligible SRO residences, for a period of 10 years, for to kitchen and bathroom facilities in eligible SRO residences, and providing the residents that occupy those units. also added 12 new eligible activities for funding under the single the following: housing search mediation or outreach to property owners; credit repair; provision of security or utility deposits; rental assistance for a final month at a locat with moving costs; and/or other activities that help homeless individuals move immediately into housing or would benefit individuals who have moved into permanent housing in the last 6 months. quirement is that established CoC’s rank their projects for funding into two categories: Tier I renewal projects, which are most likely to receive funding, and Tier II renewal projects, wh dependent on the resources still available and the strength of the CoC’s application. The Homeless is the CoC for Pinellas County. The CoC competitive grants are funded in the Homeless Assistance Grants account for HUD and i the whole account received $1.901 billion. Approximately $1.5 billion went to , from which several HLB CoC projects were funded. This included Continuum of Care Program In 1987, Congress passed in response to the issue of an increasing homelessness n the Department of Housing and Urban Development (HUD) that focused on combating the root causes of homelessness. The President Obama signed the Homeless Emergency Assistance and Rapid Transition to Housing (HEARTH) Act, which programs under assistance and Single Room Continuum of Care (CoC) program. profits, and requires a Continuum of Care system designed to address the critical based process of identifying needs and on the understanding that homelessness is not caused merely by a lack of shelter, but involves a variety of underlying, unmet needs - physical, assistance to help the homeless transition from their current goals of the program are to provide assistance that helps the ams that increase program provides rental assistance that, when combined with social services, provides supportive housing for homeless people with disabilities and their families. The program allows for a of housing choices such as group homes or individual units, coupled with a range of supportive unities for homeless individuals. This has been eligible SRO residences, for a period of 10 years, for providing rental the single CoC mediation or outreach to property owners; credit for a final month at a location; assistance individuals move immediately into housing housing in the last 6 months. Another new CoC’s rank their projects for funding into two categories: Tier I renewal projects, which are most likely to receive funding, and Tier II renewal projects, whose funding is on. The Homeless for HUD and in Fiscal pproximately $1.5 billion went to CoC , from which several HLB CoC projects were funded. This included $166,740 to Attachment number 1 \nPage 20 of 27 Item # 20 renew two CoC projects in the City: Baty Villas, which provides permanent supportive housing with 16 single-family units, and Carlton Home, including veterans. FY 2012 Tier II but the Haven of RCS (Religious Community Services), domestic violence and their families For FY 2013, the amount for to the Homeless Assistance due to an anomaly, or an exception, RECOMMENDED POSITION: Support and Urban Development Homeless Assistance Grants, particularly for the Continuum of Care Program. NOTES: Page 16 : Baty Villas, which provides permanent supportive housing with 16 and Carlton Home, which provides long-term group living for 8 single adults, Tier II projects had not been announced as of the completion of this agenda, but the Haven of RCS (Religious Community Services), which offers transitional housing to domestic violence and their families, could also ultimately receive funding. to the Homeless Assistance Grant account was increased to $ due to an anomaly, or an exception, in the Continuing Resolution. Support continued adequate annual funding for Department of Housing and Urban Development Homeless Assistance Grants, particularly for the Continuum of Care Program. : Baty Villas, which provides permanent supportive housing with 16 ngle adults, projects had not been announced as of the completion of this agenda, transitional housing to victims of to $1.931 billion annual funding for Department of Housing and Urban Development Homeless Assistance Grants, particularly for the Continuum of Care Program. Attachment number 1 \nPage 21 of 27 Item # 20 FEDERAL ISSUE: Offshore Energy Exploration BACKGROUND; HOW IT MAY AFFECT drilling currently occurs in both the western and central Gulf of Mexico. However, nearly the entire eastern Gulf is protected from drilling unti (GOMESA). In the 112th Congress, the House of Representatives voted to dramatically expand offshore oil drilling in an effort to lower gas prices and increase domestic revenue. of legislation that would reverse all current oil moratoriums oil projects that were rejected after the Deepwater Horizon spill Continental Shelf that is currently unavailable to lease available for drilling, including the eastern Gulf o Mexico and the Atlantic Coast. Similar legislation was introduced in the Senate, but it failed to receive the necessary votes to be considered. In November of 2011, the Administration proposed its Outer Continental Shelf (OCS) Oil and Gas Leasing Program for 2012-2017. Within the program, the Administration proposes to lease two new areas in the eastern Gulf of Mexico (among other areas of the Gulf and near Alaska). T proposed for lease in the eastern Gulf are south of the coast of Florida and are as far west as you can get without being in the central Gulf. There are already active leases near the two new areas. These are the only parts of the eastern Gulf that are not protected by GOMESA. In response to the plan, 180 members of Congress from both political parties sent a letter to the Administration asking that they open up more areas of the OCS to drilling, including additional areas in the eastern Gulf. Four members of the Florida House delegation signed the letter. If this policy was accepted, it could open the door for an expansion of drilling RECOMMENDED POSITION: Monitor Florida’s Federal waters. NOTES: Page 17 : Offshore Energy Exploration BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: Active offshore drilling currently occurs in both the western and central Gulf of Mexico. However, nearly the entire eastern Gulf is protected from drilling until 2022 by the Gulf of Mexico Energy Security Act of 2006 Congress, the House of Representatives voted to dramatically expand offshore oil drilling in an effort to lower gas prices and increase domestic revenue. Specifically, the House passed three pieces rse all current oil moratoriums, require the Department of Interior to revisit ter the Deepwater Horizon spill, and make acreage of the Outer s currently unavailable to lease available for drilling, including the eastern Gulf o . Similar legislation was introduced in the Senate, but it failed to receive the necessary votes to be considered. e Administration proposed its Outer Continental Shelf (OCS) Oil and Gas 2017. Within the program, the Administration proposes to lease two new areas in the eastern Gulf of Mexico (among other areas of the Gulf and near Alaska). T proposed for lease in the eastern Gulf are south of the coast of Florida and are as far west as you can get without being in the central Gulf. There are already active leases near the two new areas. These are the lf that are not protected by GOMESA. In response to the plan, 180 members of Congress from both political parties sent a letter to the Administration asking that they open up more areas of the OCS to drilling, including additional areas in f. Four members of the Florida House delegation signed the letter. If this policy was accepted, it could open the door for an expansion of drilling in the eastern Gulf. Monitor the potential expansion of offshore energy exploration in offshore energy drilling currently occurs in both the western and central Gulf of Mexico. However, nearly the entire co Energy Security Act of 2006 Congress, the House of Representatives voted to dramatically expand offshore oil drilling in House passed three pieces , require the Department of Interior to revisit , and make acreage of the Outer s currently unavailable to lease available for drilling, including the eastern Gulf of . Similar legislation was introduced in the Senate, but it failed to receive e Administration proposed its Outer Continental Shelf (OCS) Oil and Gas 2017. Within the program, the Administration proposes to lease two new areas in the eastern Gulf of Mexico (among other areas of the Gulf and near Alaska). The two areas proposed for lease in the eastern Gulf are south of the coast of Florida and are as far west as you can get without being in the central Gulf. There are already active leases near the two new areas. These are the In response to the plan, 180 members of Congress from both political parties sent a letter to the Administration asking that they open up more areas of the OCS to drilling, including additional areas in f. Four members of the Florida House delegation signed the letter. If this policy was exploration in Attachment number 1 \nPage 22 of 27 Item # 20 FEDERAL ISSUE: Environmental Protection Agency BACKGROUND; HOW IT MAY AFFECT Protection Agency (EPA) administers a cleanup program to provide financial assistance to state, local, and tribal governmental entities for certain types of “brownfields.” Sites eligible for this assistance tend to be where the known or suspected presence of contamination may present an impediment to economic development, but where the risks generally are not high enough for the site to be addressed under the Superfund program or other rela authorities. The brownfields program focuses on providing Federal financial assistance for “orphan” sites at which the potential need for cleanup remains unaddressed. EPA’s brownfields program awards two different categories of grants: one com eligible for the former of the two. Clearwater’s Brownfields Area (CBA) covers 1,842 acres and includes over 7,000 properties. Over 125 of these sites hav from less than one acre to over 40 acres. The CBA economic development potential has greatly decreased over the past 30 years. Private disinvestment combined with environmental decline has left an indel mark on the area, characterized by business and job loss abandoned lands tainted by former gas stations, dry cleaning facilities, print shops, and other similar uses. As a result of crime, distress, and econ Justice Operation Weed & Seed site Historically Underutilized Business Zone (HUBZone) by the U.S. Small Business Administration The City of Clearwater has implemented one of the most successful having completed over 100 assessment projects, environmental issues that need to be addressed contaminated sites in the CBA that may require env funding for these and previously assessed In Fiscal Year (FY) 2012, Congress provided the EPA with $144.1 million for their brownfields grant programs. Of that amount, a little more than $94 million was available via the Section 104(k) competitive grant program. In the two fiscal years prior to FY 2012, fun overall and the competitive grant programs. In FY 2013, the Congress funded the program at FY 2012 level was reduced by 5 percent to $133.86 million to the Section 104(k) competitive grant program. Within the competitive grant program, the EPA offers assessment, cleanup, and revolving loan fund grants. An eligible entity may apply for up to $200,000 per site. In a need to obtain additional cleanup funding for various sites. $200,000 of Federal funding per project To facilitate site remediation and reuse, the funding maximum should be resources to remediate orphan brownfield sites. In the 113th Congress, Senators Frank Lautenberg (NJ), James Inhofe Mike Crapo (ID) introduced the Brownfields Utilization, Investment, and Local Development (BUILD) Act of 2013 to reauthorize the brownfields program through 2015. The bill would maintain the current Page 18 Environmental Protection Agency’s Brownfields Program BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: The Environmental Protection Agency (EPA) administers a cleanup program to provide financial assistance to state, local, and tribal governmental entities for certain types of contaminated industrial sites, referred to as or this assistance tend to be where the known or suspected presence of contamination may present an impediment to economic development, but where the risks generally are not high enough for the site to be addressed under the Superfund program or other related cleanup authorities. The brownfields program focuses on providing Federal financial assistance for “orphan” sites at which the potential need for cleanup remains unaddressed. EPA’s brownfields program awards two different categories of grants: one competitive and one formula-based. The City of Clearwater is only Clearwater’s Brownfields Area (CBA) covers 1,842 acres and includes over 250 regulatory listed sites in Over 125 of these sites have reported contamination. These sites range in size from less than one acre to over 40 acres. The CBA economic development potential has greatly decreased Private disinvestment combined with environmental decline has left an indel mark on the area, characterized by business and job loss, impacting the CBA by leaving a legacy of abandoned lands tainted by former gas stations, dry cleaning facilities, print shops, and other similar uses. As a result of crime, distress, and economic deterioration, the CBA was designated a U.S. Department of Justice Operation Weed & Seed site in 1996, and a portion of the area has also been designated Historically Underutilized Business Zone (HUBZone) by the U.S. Small Business Administration implemented one of the most successful brownfields programs in the country, having completed over 100 assessment projects, but continues to have significant health, welfare, and to be addressed. Clearwater has identified more than 125 additional that may require environmental assessment. The City will need Federal these and previously assessed sites to complete reuse planning and cleanup. ar (FY) 2012, Congress provided the EPA with $144.1 million for their brownfields grant programs. Of that amount, a little more than $94 million was available via the Section 104(k) competitive grant program. In the two fiscal years prior to FY 2012, funding was relatively similar for both the overall and the competitive grant programs. funded the program at FY 2012 levels, but due to sequestration to $133.86 million for the overall program, with just over $89 million to the Section 104(k) competitive grant program. Within the competitive grant program, the EPA offers assessment, cleanup, and revolving loan fund grants. An eligible entity may apply for up to $200,000 per site. In the near future, Clearwater nup funding for various sites. Unfortunately, the current of Federal funding per project is extremely restrictive, as many site cleanups exceed $1 site remediation and reuse, the funding maximum should be increased to allow orphan brownfield sites. Congress, Senators Frank Lautenberg (NJ), James Inhofe (OK), Tom Udall (NM), and Crapo (ID) introduced the Brownfields Utilization, Investment, and Local Development (BUILD) Act of 2013 to reauthorize the brownfields program through 2015. The bill would maintain the current : The Environmental Protection Agency (EPA) administers a cleanup program to provide financial assistance to state, local, sites, referred to as or this assistance tend to be where the known or suspected presence of contamination may present an impediment to economic development, but where the risks generally are ted cleanup authorities. The brownfields program focuses on providing Federal financial assistance for “orphan” sites at which the potential need for cleanup remains unaddressed. EPA’s brownfields program awards two based. The City of Clearwater is only regulatory listed sites in These sites range in size from less than one acre to over 40 acres. The CBA economic development potential has greatly decreased Private disinvestment combined with environmental decline has left an indelible impacting the CBA by leaving a legacy of abandoned lands tainted by former gas stations, dry cleaning facilities, print shops, and other similar uses. U.S. Department of has also been designated an Historically Underutilized Business Zone (HUBZone) by the U.S. Small Business Administration. rownfields programs in the country, to have significant health, welfare, and more than 125 additional assessment. The City will need Federal ar (FY) 2012, Congress provided the EPA with $144.1 million for their brownfields grant programs. Of that amount, a little more than $94 million was available via the Section 104(k) competitive ding was relatively similar for both the , but due to sequestration, each program just over $89 million allocated Within the competitive grant program, the EPA offers assessment, cleanup, and revolving loan fund Clearwater may have Unfortunately, the current limitation of , as many site cleanups exceed $1 million. increased to allow for necessary OK), Tom Udall (NM), and Crapo (ID) introduced the Brownfields Utilization, Investment, and Local Development (BUILD) Act of 2013 to reauthorize the brownfields program through 2015. The bill would maintain the current Attachment number 1 \nPage 23 of 27 Item # 20 authorization level of $250 million per year, and provide This would be accomplished through several changes, including increasing the previously mentioned $200,000 funding limit per project to $500,000, while providing the EPA the discretion to raise the limit to $650,000 if necessary, and providing for the creation of multipurpose grants, allowing local governments to obtain up to $950,000 to do site inventory, assessments, planning, or more brownfields sites. RECOMMENDED POSITION: Support Protection Agency’s brownfields program, including at least $90 million for the Section 104(k) competitive grant program. Support brownfields program. NOTES: Page 19 authorization level of $250 million per year, and provide greater flexibility and fix issues in current law. This would be accomplished through several changes, including increasing the previously mentioned $200,000 funding limit per project to $500,000, while providing the EPA the discretion to raise the limit and providing for the creation of multipurpose grants, allowing local governments to obtain up to $950,000 to do site inventory, assessments, planning, or cleanup Support continued adequate annual funding for the Environmental rownfields program, including at least $90 million for the Section 104(k) Support legislation to reauthorize the Environmental Protection Agency’s greater flexibility and fix issues in current law. This would be accomplished through several changes, including increasing the previously mentioned $200,000 funding limit per project to $500,000, while providing the EPA the discretion to raise the limit and providing for the creation of multipurpose grants, allowing local cleanup for one or Environmental rownfields program, including at least $90 million for the Section 104(k) legislation to reauthorize the Environmental Protection Agency’s Attachment number 1 \nPage 24 of 27 Item # 20 FEDERAL ISSUE: Land and Water Conservation Fund BACKGROUND; HOW IT MAY AFFECT Conservation Fund (LWCF) Act of 1965 was enacted to help preserve, develop, and assure outdoor recreation facilities for our nation. The law created the Land and Water Conservation Fund in the U.S. Treasury as a funding source to implement outdoor recreation goals. The LWCF has been the principal source of monies for land acquisi Federal agencies—the National Park Service, Bureau of Land Management, Fish and Wildlife Service, and Forest Service. The LWCF also funds a matching grant program via the National Park Service to assist states (and local governments as sub outdoor recreational facilities. A portion of the appropriation is divided equally among the states, with the remainder apportioned based on need, as determined by the Secreta award their grant money through a competitive selection process based on statewide recreation plans and establish their own priorities and criteria. Finally, beginning in Fiscal Year (FY) 1998, LWCF has been used to fund other federal programs with related purposes. The LWCF is authorized at $900 million annually. While the fund accrues revenues and collections from multiple sources, nearly all of the revenues are derived from oil and gas leasing in the Outer Continental Shelf. Congress determines the level of appropriations each year, and yearly appropriations have fluctuated widely since the origin of the program. Of the total revenues that have accrued throughout the history of the program ($33.5 billion), less than half have been appropriated ($15.8 billion). FY 2001 marked the highest funding ever, with appropriations exceeding the authorized level by reaching nearly $1 billion. In FY 2002, Congress provided the most LWCF funding of the past twenty years for the sta However, this has trended downward over the past decade. For FY 2011, the appropriation was $300.5 million. Within the FY 2011 appropriation, $177 was provided for land acquisition, $40 million for the state grant program, and $84 million for other programs. In FY 2012, Congress provided $45 million for the state grant program. Florida received nearly Clearwater. Congress funded the state grants program about 5 percent due to sequestration to likely be reduced by about 5 percent RECOMMENDED POSITION: Support Conservation Fund, including at least $100 million for the state grant program. NOTES: Page 20 Land and Water Conservation Fund BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: The Land and Water Conservation Fund (LWCF) Act of 1965 was enacted to help preserve, develop, and assure outdoor recreation facilities for our nation. The law created the Land and Water Conservation Fund in the U.S. Treasury as a funding source to implement outdoor recreation goals. The LWCF has been the principal source of monies for land acquisition for outdoor recreation by four the National Park Service, Bureau of Land Management, Fish and Wildlife Service, and Forest Service. The LWCF also funds a matching grant program via the National Park Service to l governments as sub-recipients) in acquiring recreational lands and developing outdoor recreational facilities. A portion of the appropriation is divided equally among the states, with the remainder apportioned based on need, as determined by the Secretary of the Interior. The states award their grant money through a competitive selection process based on statewide recreation plans and establish their own priorities and criteria. Finally, beginning in Fiscal Year (FY) 1998, LWCF has been her federal programs with related purposes. The LWCF is authorized at $900 million annually. While the fund accrues revenues and collections from multiple sources, nearly all of the revenues are derived from oil and gas leasing in the Outer Continental helf. Congress determines the level of appropriations each year, and yearly appropriations have fluctuated widely since the origin of the program. Of the total revenues that have accrued throughout the history of the program ($33.5 billion), less than lf have been appropriated ($15.8 billion). FY 2001 marked the highest funding ever, with appropriations exceeding the authorized level by reaching nearly $1 billion. In FY 2002, Congress provided the most LWCF funding of the past twenty years for the state grant program: $144 million. However, this has trended downward over the past decade. For FY 2011, the appropriation was $300.5 million. Within the FY 2011 appropriation, $177 was provided for land acquisition, $40 million for the , and $84 million for other programs. In FY 2012, Congress provided $45 million for received nearly $2 million to provide to applicants like the City of the state grants program for FY 2013 at FY 2012 levels with a reduction of sequestration to about $42.75 million, so the amount Florida will receive will percent as well. Support a $900 million annual appropriation from the Land and Water Conservation Fund, including at least $100 million for the state grant program. : The Land and Water Conservation Fund (LWCF) Act of 1965 was enacted to help preserve, develop, and assure access to outdoor recreation facilities for our nation. The law created the Land and Water Conservation Fund in the tion for outdoor recreation by four the National Park Service, Bureau of Land Management, Fish and Wildlife Service, and Forest Service. The LWCF also funds a matching grant program via the National Park Service to recipients) in acquiring recreational lands and developing outdoor recreational facilities. A portion of the appropriation is divided equally among the states, with ry of the Interior. The states award their grant money through a competitive selection process based on statewide recreation plans and establish their own priorities and criteria. Finally, beginning in Fiscal Year (FY) 1998, LWCF has been The LWCF is authorized at $900 million annually. While the fund accrues revenues and collections from multiple sources, nearly all of the revenues are derived from oil and gas leasing in the Outer Continental helf. Congress determines the level of appropriations each year, and yearly appropriations have Of the total revenues that have accrued throughout the history of the program ($33.5 billion), less than lf have been appropriated ($15.8 billion). FY 2001 marked the highest funding ever, with appropriations exceeding the authorized level by reaching nearly $1 billion. In FY 2002, Congress te grant program: $144 million. However, this has trended downward over the past decade. For FY 2011, the appropriation was $300.5 million. Within the FY 2011 appropriation, $177 was provided for land acquisition, $40 million for the , and $84 million for other programs. In FY 2012, Congress provided $45 million for to provide to applicants like the City of with a reduction of , so the amount Florida will receive will rom the Land and Water Attachment number 1 \nPage 25 of 27 Item # 20 FEDERAL ISSUE: Public Pension Reform BACKGROUND; HOW IT MAY AFFECT Public Employee Pension Transparency Act public pensions are significantly underfunded and are aiming to ensure what, in their opinion, will be more realistic asset projections compared with expected liabilities. Specifically, the legislation would require additional reporting of assets and liabilities and more significantly, require that assets in a public plan such as the projected to grow at the rate of Treasury securities in stock market indices, thereby greatly increasing plan liabilities. This might require projected growth rates of less than 1 percent annually instead of growth rates of 7.75 percent, which is what the F Retirement System used between 2009 and 2011. The legislation would also disallow any future federal bailout of public pension plans, and disclosure requirements of the bill by removing t the legislation would likely make local government participation in would also aim to make them more secure. In 2012, Sen. Orrin Hatch (UT), the Ranking Member saying that public pension debt “threatens America” and that “defined benefit pension plans are inappropriate for state and local governments.” He concluded his report by stating his intention to introduce a legislative solution in the future. Rep. Nunes has begun to seek cosponsors for this legislation in the 113 it will also be reintroduced in the Senate. RECOMMENDED POSITION: Monitor Public Employee Pension Transparency Act Pension Fund. NOTES: Page 21 : Public Pension Reform BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: The sponsors of the Transparency Act (Rep. Nunes of CA and Sen. Burr of NC), have stated that public pensions are significantly underfunded and are aiming to ensure what, in their opinion, will be more realistic asset projections compared with expected liabilities. pecifically, the legislation would require additional reporting of assets and liabilities and more significantly, require that assets in a public plan such as the Clearwater Employees Pension Fund projected to grow at the rate of Treasury securities instead of more optimistic projections tied to historic stock market indices, thereby greatly increasing plan liabilities. This might require projected growth rates of less than 1 percent annually instead of growth rates of 7.75 percent, which is what the F Retirement System used between 2009 and 2011. The legislation would also disallow any future federal , and would penalize local governments that do not comply with the disclosure requirements of the bill by removing the tax-exemption on their bonding authority. local government participation in pension plans more would also aim to make them more secure. . Orrin Hatch (UT), the Ranking Member of the Senate Finance Committee, released a report saying that public pension debt “threatens America” and that “defined benefit pension plans are inappropriate for state and local governments.” He concluded his report by stating his intention to e a legislative solution in the future. Rep. Nunes has begun to seek cosponsors for this legislation in the 113th Congress, and it is expected that it will also be reintroduced in the Senate. Monitor federal legislative proposals related to public pensions Public Employee Pension Transparency Act) which could significantly impact the Clearwater Employees The sponsors of the , have stated that public pensions are significantly underfunded and are aiming to ensure what, in their opinion, will be pecifically, the legislation would require additional reporting of assets and liabilities and more Clearwater Employees Pension Fund are stead of more optimistic projections tied to historic stock market indices, thereby greatly increasing plan liabilities. This might require projected growth rates of less than 1 percent annually instead of growth rates of 7.75 percent, which is what the Florida Retirement System used between 2009 and 2011. The legislation would also disallow any future federal comply with the exemption on their bonding authority. Ultimately, expensive, yet it of the Senate Finance Committee, released a report saying that public pension debt “threatens America” and that “defined benefit pension plans are inappropriate for state and local governments.” He concluded his report by stating his intention to Congress, and it is expected that elated to public pensions (e.g., the Clearwater Employees Attachment number 1 \nPage 26 of 27 Item # 20 FEDERAL ISSUE: National Flood Insurance Program BACKGROUND; HOW IT MAY AFFECT passed, and the President signed a 5 that attempts to restore the program to firmer financial footing by making program that are likely to impact the C In 1968, Congress established the NFIP to address the nation’s flood exposure and challenges inherent in financing and managing flood risks in the private sector. Private that the flood peril was uninsurable and, therefore, could not be underwritten in the private insurance market. A three-prong floodplain management and insurance program was created to (1) identify areas across the nation most at risk of flooding; (2) minimize the economic impact of flooding events through floodplain management ordinances; and (3) provide flood insurance to individuals and businesses. Until 2005, the NFIP was self-supporting as policy premiums and payments. Today, the program is in roughly $25 billion in debt due to a number of large storms, the most recent being Sandy. The biggest threats to the solvency of the NFIP are generally thought to be inadequate pricing of risks, repetitive loss properties, and the lack of enforcement of mandatory flood insurance purchase requirements. The 2012 reauthorization takes steps to address the first two of these items. · Requires the following pre- true risk of flooding): o non-primary residences o severe repetitive loss properties o any properties where flood losses have exceeded the property value o any business property o any property that has sustained substant value) or substantial improvement o resold property · Allows FEMA to increase premiums by percent cap on annual increases These changes, along with others, are likely to make flood insurance significantly more expensive for many residents of Clearwater who live in established flood plains. The Federal Emergency Management Agency (FEMA) is in the midst of implementing work with FEMA and Congress to better understand th FEMA implements the legislation. RECOMMENDED POSITION: Monitor Flood Insurance Program. Monitor the City of Clearwater. Page 22 National Flood Insurance Program BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: In mid-2012, Congress passed, and the President signed a 5-year reauthorization of the National Flood Insurance Program (NFIP) that attempts to restore the program to firmer financial footing by making a number of changes to the program that are likely to impact the City’s residents. In 1968, Congress established the NFIP to address the nation’s flood exposure and challenges inherent in financing and managing flood risks in the private sector. Private insurance companies at the time claimed that the flood peril was uninsurable and, therefore, could not be underwritten in the private insurance prong floodplain management and insurance program was created to (1) identify areas nation most at risk of flooding; (2) minimize the economic impact of flooding events through floodplain management ordinances; and (3) provide flood insurance to individuals and businesses. supporting as policy premiums and fees covered expenses and claim payments. Today, the program is in roughly $25 billion in debt due to a number of large storms, the most The biggest threats to the solvency of the NFIP are generally thought to be inadequate pricing of risks, repetitive loss properties, and the lack of enforcement of mandatory flood insurance purchase requirements. The 2012 reauthorization takes steps to address the first two of these items. -FIRM properties to pay actuarial insurance rates (rates that reflect the primary residences severe repetitive loss properties any properties where flood losses have exceeded the property value any business property any property that has sustained substantial damage (more than 50 percent of fair market or substantial improvement (more than 30 percent of fair market value) Allows FEMA to increase premiums by 20 percent per year, an increase from the current 10 reases These changes, along with others, are likely to make flood insurance significantly more expensive for who live in established flood plains. The Federal Emergency Management Agency (FEMA) is in the midst of implementing the reauthorization legislation. The Ci work with FEMA and Congress to better understand the future cost of flood insurance to City residents Monitor FEMA’s implementation of the reauthorization of the National Monitor changes to flood insurance rates for homeowners and businesses in 2012, Congress year reauthorization of the National Flood Insurance Program (NFIP) a number of changes to the In 1968, Congress established the NFIP to address the nation’s flood exposure and challenges inherent in insurance companies at the time claimed that the flood peril was uninsurable and, therefore, could not be underwritten in the private insurance prong floodplain management and insurance program was created to (1) identify areas nation most at risk of flooding; (2) minimize the economic impact of flooding events through floodplain management ordinances; and (3) provide flood insurance to individuals and businesses. fees covered expenses and claim payments. Today, the program is in roughly $25 billion in debt due to a number of large storms, the most The biggest threats to the solvency of the NFIP are generally thought to be inadequate pricing of flood risks, repetitive loss properties, and the lack of enforcement of mandatory flood insurance purchase requirements. The 2012 reauthorization takes steps to address the first two of these items. rates (rates that reflect the (more than 50 percent of fair market (more than 30 percent of fair market value) percent per year, an increase from the current 10 These changes, along with others, are likely to make flood insurance significantly more expensive for who live in established flood plains. The Federal Emergency Management ity may need to to City residents as FEMA’s implementation of the reauthorization of the National changes to flood insurance rates for homeowners and businesses in Attachment number 1 \nPage 27 of 27 Item # 20 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Adopt Ordinance 8383-13 on second reading, vacating that certain 40-foot platted right-of-way abutting and lying east of Lots 4, 5, 6, 14, 15, 16, 17 and 18, dedicated and described in the Plat titled “Elysium – Phase 1” as recorded in Plat Book 93, Pages 41-46, public records of Pinellas County, Florida, subject to conditions. SUMMARY: Review Approval: Cover Memo Item # 21 Ordinance No. 8383-13 ORDINANCE NO. 8383-13 AN ORDINANCE OF THE CITY OF CLEARWATER, FLORIDA, VACATING THAT CERTAIN 40-FOOT PLATTED RIGHT-OF-WAY, ABUTTING AND LYING EAST OF LOTS 4, 5, 6, 14, 15, 16, 17 AND 18, DEDICATED AND DESCRIBED IN THE PLAT TITLED “ELYSIUM – PHASE 1” AS RECORDED IN PLAT BOOK 93, PAGES 41-46, PUBLIC RECORDS OF PINELLAS COUNTY, FLORIDA, SUBJECT TO CONDITIONS; PROVIDING AN EFFECTIVE DATE. WHEREAS, Rhonda B. Harms; Karsten Jacoby; Thomas G. and Karen L. Hackett; Phyllis D. Perron; Kerry B. Meyer; Laura D. Irion; Kevin E. Dunbar; and Mark A. and Deeann Kerrutt owners of real property located in the City of Clearwater (the “City”), have collectively requested that the City vacate the right-of-way depicted in Exhibit “A” attached hereto and by this reference made a part hereof; and WHEREAS, the City Council finds that said right-of-way is not necessary for municipal use and it is deemed to be in the best interest of the City and the general public that the same be vacated; now, therefore, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CLEARWATER, FLORIDA: Section 1. The following: That certain 40-foot platted right-of-way, abutting and lying East of Lots 4, 5, 6, 14, 15, 16, 17 and 18, dedicated and described in the plat titled “Elysium – Phase 1” as recorded in Plat Book 93, Pages 41-46, of the public records of Pinellas County, Florida, being more particularly described in Exhibit “A,” attached hereto and incorporated by reference hereof, is hereby vacated, closed and released, and the City releases all of its right, title and interest thereto, contingent upon the following conditions: 1. The City hereby retains a drainage and utility easement over the described property for the installation and maintenance of any and all utilities thereon by the City of Clearwater, Bright House and/or Knology consistent with any vested rights of occupation in existence on the Effective Date of this ordinance, including any rights vested under any valid franchise agreement between each private utility and the City; and 2. All property owners abutting the west boundary of the right-of-way vacated hereby shall individually grant Progress Energy distribution easements, the location and terms of which are acceptable to Progress Energy. Collectively, Progress Energy’s easement rights shall encompass the property described herein. This vacation ordinance shall be null and void if this condition is not met within forty-five (45) calendar days from the adoption of this ordinance. Attachment number 1 \nPage 1 of 2 Item # 21 Ordinance No. 8383-13 Section 2. The City Clerk shall record this ordinance in the public records of Pinellas County, Florida, following adoption. Section 3. This ordinance shall take effect immediately upon adoption. PASSED ON FIRST READING _________________________ PASSED ON SECOND AND FINAL READING AND ADOPTED _________________________ _______________________________ George N. Cretokos Mayor Approved as to form: Attest: ______________________________ _______________________________ Camilo A. Soto Rosemarie Call Assistant City Attorney City Clerk Attachment number 1 \nPage 2 of 2 Item # 21 ELYSIUM - PHASE 1 Plat Book 93, Page 45 ELYSIUM - PHASE 1 Plat Book 93, Page 45 Legal Description A Right-of-Way vacation described as follows: The 40' platted right-of-way, abutting and lying East of Lots 4, 5, 6, 14, 15, 16, 17 and 18, dedicated and described in the plat titled "Elysium - Phase 1" as recorded in Plat Book 93, Pages 41-46, Pinellas County Public Records, Florida. Attachment number 2 \nPage 1 of 1 Item # 21 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: City Manager Verbal Reports SUMMARY: Review Approval: Cover Memo Item # 22 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Service Awards SUMMARY: 5 Years of Service John Pittman Solid Waste Michael Hasty Police Margaret Hasty Police 10 Years of Service Felicia Leonard Parks and Recreation Louis Beem Solid Waste Kelly Hollinger Finance Michael Olsa Public Utilities 15 Years of Service Georgia Calder Parks and Recreation 20 Years of Service James Charon Public Utilities Ramon Cosme Police Ethridge Hall Police Joyce Kirchoffer Library 25 Years of Service Larry Roberts Engineering/Stormwater William New Public Utilities Review Approval: Cover Memo Item # 23 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Child Abuse Prevention Month Proclamation - Mike Carroll, SunCoast Regional Director of the Department of Children and Families. SUMMARY: Review Approval: Cover Memo Item # 24 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Arbor Day Proclamation - Chuck Porthouse, Parks and Rec. SUMMARY: Review Approval: Cover Memo Item # 25 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Clearwater Fire and Rescue Local 1158 Appreciation Month Proclamation - Lt. Patrick Conrey with Clearwater Fire and Rescue SUMMARY: Review Approval: Cover Memo Item # 26 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: National Crime Victims Week Proclamation - Yolanda Cowart, Founder of the Springtime Club SUMMARY: Review Approval: Cover Memo Item # 27 Work Session Council Chambers - City Hall Meeting Date:4/15/2013 SUBJECT / RECOMMENDATION: Pinellas County Economic Development Presentation - Mike Meidel, Dir. Pinellas County SUMMARY: Review Approval: Cover Memo Item # 28