04/13/2015Monday, April 13, 2015
1:00 PM
City of Clearwater
City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
Council Chambers
Council Work Session
Work Session Agenda
April 13, 2015Council Work Session Work Session Agenda
1. Call to Order
2. Presentations
Service Awards - April2.1
Annual Financial Report for Fiscal Year 2014. (WSO)2.2
3. Economic Development and Housing
Approve the City of Clearwater’s State Housing Initiatives Partnership
(SHIP) Program Local Housing Assistance Plan covering Fiscal Years
2015-2018, authorize the appropriate officials to execute same, and
adopt Resolution 15-05.
3.1
4. Finance
Approve settlement of the liability claim of Helen Buell for payment of
$30,000.00 and authorize the appropriate officials to execute same.
(consent)
4.1
5. Parks and Recreation
Approve the grant agreement between the City of Clearwater and the
Florida Department of Environmental Protection Land and Water
Conservation Fund (LWCF) for a grant in the amount of $200,000 for
improvements to Moccasin Lake Nature Park and authorize the
appropriate officials to execute same. (consent)
5.1
Approve the acquisition of real property located at 3198 Gulf-To-Bay
Boulevard (SR 60); approve a not-to-exceed purchase price of $270,000
with total expenditures not to exceed $287,000; transfer funds from
Recreation Land impact fees at mid-year to Park Land Acquisition
(CIP315-93133) to fund this purchase; and authorize the appropriate
officials to execute instruments required to affect closing. (consent)
5.2
Approve annual blanket purchase order (BPO) and two one-year
renewal terms at the City's option (Invitation To Bid 25-15) with Audio
Services Plus Inc (ASP) of Tampa, FL, in the annual amount of
$125,000 for Special Events Services including the purchase of labor,
materials and equipment to perform staging, rigging, lights and sound
for various concerts and special events held throughout the year.
(consent)
5.3
Approve a Special Event Agreement template to be used when
partnering with various media outlets, primarily radio stations, to present
special events at Coachman Park; and authorize the City Manager or
his designee to approve future event agreements. (consent)
5.4
Page 2 City of Clearwater Printed on 4/9/2015
April 13, 2015Council Work Session Work Session Agenda
Approve an initial agreement between the City of Clearwater and the
Florida Department of Health (FDOH) for a grant in the amount of
$37,500 from May 1, 2015 to September 30, 2015 to help improve the
health of Clearwater residents; and authorize the City Manager or his
designee to approve future grant agreements relative to this program.
(consent)
5.5
Approve the grant agreement between the City of Clearwater and the
National Council on Aging (NCOA) for a grant in the amount of $10,000
to provide a nutrition program for 200 Clearwater residents and
authorize the appropriate officials to execute same. (consent)
5.6
6. Engineering
Declare list of equipment surplus to the needs of the City; authorize
disposition through sale to the highest bidder through public auction and
authorize the appropriate officials to execute same. (consent)
6.1
Approve the final plat for Nolan Subdivision, whose physical address is
901 Cleveland Street, located on the south side of Cleveland Street
between South Martin Luther King Jr. Avenue and Park Street at
Prospect Lake. (consent)
6.2
Accept the transfer of title to three parcels that have escheated to
Pinellas County in accordance with Section 197.592(3), Florida Statutes,
authorize the appropriate officials to execute same and adopt
Resolution 15-08.
6.3
Approve the request from Stress Free Construction, LLC to vacate a
portion of a platted drainage easement located on property addressed at
2606 Brewton Court; and pass Ordinance 8714-15 on first reading
(VAC2014-05).
6.4
7. Planning
Approve the annexation, initial Future Land Use Map designations of
Residential Low (RL) and Preservation (P) and initial Zoning Atlas
designations of Low Medium Density Residential (LMDR) and
Preservation (P) Districts for 2127 Pleasant Parkway, and pass
Ordinances 8693-15, 8694-15 and 8695-15 on first reading.
(ANX2015-02003)
7.1
Approve the annexation, initial Future Land Use Map designations of
Residential Low (RL) and Preservation (P)/Drainage Feature Overlay
and initial Zoning Atlas designations of Low Medium Density Residential
(LMDR) and Preservation (P) Districts for 1701 Owen Drive and pass
Ordinances 8696-15, 8697-15 and 8698-15 on first reading.
(ANX2015-02004)
7.2
Page 3 City of Clearwater Printed on 4/9/2015
April 13, 2015Council Work Session Work Session Agenda
Approve the annexation, initial Future Land Use Map designation of
Residential Urban (RU) and initial Zoning Atlas designation of Low
Medium Density Residential (LMDR) District for 1268 and 1276
Sedeeva Circle North, 1226 Aloha Lane, 2063 North Betty Lane, and
1233 and 1271 Palm Street; and pass Ordinances 8699-15, 8700-15
and 8701-15 on first reading. (ANX2015-02005)
7.3
8. Public Utilities
Approve a contract with Severn Trent Services, of Pittsburg PA in the
amount of $124,500.00 (BPO) for the purchase and installation of
Bayoxide E33 Granular Ferric Oxide Media, and authorize the
appropriate officials to execute same. (consent)
8.1
9. Solid Waste
Approve a Contract (Purchase Order) to Communications International
of Vero Beach, FL in the amount of $1,076,108.12 for the Project 25
(P-25) Police terminal upgrade for the city-wide two-way radio P-25
communication system in accordance with Sec. 2.564(1)(b), Code of
Ordinances - Sole Source; authorize lease purchase under the City's
Master Lease Purchase Agreement, or internal financing via an
interfund loan from the Capital Improvement Fund, whichever is deemed
to be in the City's best interest; and authorize the appropriate officials to
execute same. (consent)
9.1
Approve Change Order 5 to Ajax Building Corporation of Oldsmar,
Florida, to construct the Countryside Recreation Center HVAC
Upgrades (11-0059-LI), in the amount of $648,918, approve a time
extension of 60 days, amend the budget for the Countryside Library
Renovation project to a new total of $7,351,586, an increase of
$248,918 over the $7,102,668 budget to include HVAC upgrades for the
Countryside Recreation Center, and authorize the appropriate officials
to execute same. (consent)
9.2
10. Official Records and Legislative Services
Appoint one member to the Marine Advisory Board with a term to expire
March 31, 2019.
10.1
Approve the 2015 Federal Legislative Agenda. (consent)10.2
11. City Manager Verbal Reports
12. City Attorney Verbal Reports
13. Council Discussion Item
Page 4 City of Clearwater Printed on 4/9/2015
April 13, 2015Council Work Session Work Session Agenda
Kim Seyer Cypress Shopping Center Wayfinding Request -
Councilmember Hock-DiPolito
13.1
14. New Business (items not on the agenda may be brought up asking they be
scheduled for subsequent meetings or work sessions in accordance with Rule 1,
Paragraph 2).
15. Closing Comments by Mayor
16. Adjourn
17. Presentation(s) for Council Meeting
Mayors Challenge Presentation - Jeffrey Rhoads17.1
Civitan Awareness Month Proclamation17.2
Uncorked Presentation to Council17.3
Arbor Day Proclamation17.4
Drinking Water Week Proclamation, May 3-9, 201517.5
Marine Advisory Board Presentation17.6
Page 5 City of Clearwater Printed on 4/9/2015
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ID#15-1116
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: PresentationIn Control: Council Work Session
Agenda Number: 2.1
SUBJECT/RECOMMENDATION:
Service Awards - April
SUMMARY:
5 Years of Service
Ralph Shaw Parks and Recreation
10 Years of Service
Charlie Sims Public Utilities
Sebastian Dembek Public Utilities
Judith Kolmer Engineering
Charles Jeffries Public Utilities
Leon Brown Solid Waste
Rosanne Lacey Library
Steven Strong Fire
Clifford Patterson Parks and Recreation
15 Years of Service
Michael Head General Services
Kevin Boaden Fire
William Muniz Fire
Robert DeVore Utility Customer Service
20 Years of Service
Lyle Adams Parks and Recreation
Thelma Catio Parks and Recreation
25 Years of Service
Paul Hull Legal
35 Years of Service
Clifford Norris Parks and Recreation
Page 1 City of Clearwater Printed on 4/9/2015
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ID#15-1173
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: PresentationIn Control: Council Work Session
Agenda Number: 2.2
SUBJECT/RECOMMENDATION:
Annual Financial Report for Fiscal Year 2014. (WSO)
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 2014.
Page 1 City of Clearwater Printed on 4/9/2015
City of Clearwater, Florida
2014 Financial Statements
Presentation to the City Council
Results of the 2014 Audit
April 13, 2015
1
City of Clearwater
Scope of Services - 2014
Independent Auditor’s Report on Financial Statements (unmodified)
Management’s Discussion and Analysis (unaudited)
Basic Financial Statements
Notes to Financial Statements
Required Supplementary Information (unaudited)
Regulatory Items
–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
–Independent Auditor’s Report on Compliance with Requirements that Could Have a Direct and
Material Effect on Each Major Program and State Financial Assistance Project 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
–Independent Auditor’s Management Letter required by Florida Auditor General
–Independent Accountant’s Report (new) required by Florida Auditor General
Other Reports
–Independent Auditor’s Report for EMS Department required by Pinellas County
–Independent Auditor’s Report for FDEP (Submerged Land Lease) required by Florida Department
of Environmental Protection
2
City of Clearwater
Condensed Statement of Net Position (In Thousands)
September 30, 2014 and 2013
Assets 2014 2013 2014
Restated
2013 2014
Restated
2013
Current and other assets $176,995 173,756 212,160 228,892 389,155 402,648
Capital assets 280,199 270,596 424,518 398,343 704,717 668,939
Total assets 457,194 444,352 636,678 627,235 1,093,872 1,071,587
Deferred outflows of resources
Deferred amounts on refunding - - 4,471 - 4,471 -
Liabilities
Current and other liabilities 6,057 6,349 16,481 18,693 22,538 25,042
Long-term liabilities 44,296 42,519 220,356 223,057 264,652 265,576
Total liabilities 50,353 48,868 236,837 241,750 287,190 290,618
Net Position
Invested in capital assets,
net of related debt 261,886 252,661 214,175 180,323 476,061 432,984
Restricted net assets 68,427 60,454 49,530 53,237 117,957 113,691
Unrestricted net assets 76,528 82,369 140,607 151,925 217,135 234,294
Total net position $ 406,841 395,484 404,312 385,485 811,153 780,969
Governmental Activities Business-Type Activities Total
3
City of Clearwater
Condensed Statement of Activities (In Thousands)
Years Ended September 30, 2014 and 2013
Operating Capital
Charges for Grants and Grants and 2014 2013
Function / Program Activities Expenses Service Contributions Contributions Totals Totals
Governmental activities:
General government $15,018 22,726 2 - 7,710 6,424
Public Safety 70,126 11,040 2,481 671 (55,934) (54,506)
Physical environment 3,416 151 146 150 (2,969) (3,124)
Transportation 11,129 454 244 187 (10,244) (11,670)
Economic environment 2,517 132 1,696 - (689) (48)
Human services 137 - - - (137) 43
Culture and recreation 33,051 6,855 1,736 1,382 (23,078) (24,297)
Interest on long-term debt 727 - - - (727) (698)
Total governmental activities 136,121 41,358 6,305 2,390 (86,068) (87,876)
Business-type activities:
Water and sewer 64,810 67,141 6 11,331 13,668 11,957
Gas 31,639 41,346 - - 9,707 8,396
Solid waste 17,572 19,966 - - 2,394 2,462
Stormwater 16,477 16,789 - 2,032 2,344 4,585
Other 12,754 13,110 134 227 717 500
Total business-type activities 143,252 158,352 140 13,590 28,830 27,900
2014 Totals $279,373 199,710 6,445 15,980 (57,238)
2013 Totals $264,455 189,094 8,698 6,687 (59,976)
4
City of Clearwater
Condensed Statement of Activities (In Thousands)
Years Ended September 30, 2014 and 2013
2014 2013
Net (Expense) Revenue - previous page $(57,238) (59,976)
General revenues:
Taxes:
Property taxes 38,574 37,360
Sales tax 15,722 14,818
Utility taxes 14,309 13,473
Communication services tax 5,061 5,470
Other taxes 7,725 8,157
Investment earnings 6,003 (2,395)
Miscellaneous 28 133
Total general revenues 87,422 77,016
Change in net position $30,184 17,040
5
City of Clearwater
General Fund Unassigned Fund Balance as a Percentage of
General Fund Expenditures (In Thousands)
Fiscal Years 2010 - 2014
Unassigned
Fund Balance
Percentage
Unassigned of Total
Year Expenditures Fund Balance Expenditures
2010 108,290$ 22,903 21.15%
2011 107,459 23,081 21.48%
2012 105,022 22,034 20.98%
2013 110,182 21,664 19.66%
2014 113,213 23,488 20.75%
6
City of Clearwater
Control Deficiencies and Management Letter Recommendations
Follow-up on Prior Year Comments
−Material Weaknesses - none
−Significant Deficiencies - none
−Recommendations - none
Current Year Comments
−Material Weaknesses - none
−Significant Deficiency - grant reconciliation of SEFA to general ledger
−Recommendations - none
7
City of Clearwater
Compliance Audit - Federal and State Single Audit
Federal Programs Tested
−U.S. HUD - Community Development Block Grant (CDBG)
−U.S. Department of Transportation - Recreational Trails Program
State Awards Tested
−Florida Department of State - Capital Theater Restoration
−Florida Department of Revenue - Phillies Stadium
Results
−No federal or state award findings
8
City of Clearwater
Upcoming GASB Statements
1.FY2014
a)GASB Statement No. 65: Items Previously Reported as Assets and Liabilities
b)GASB Statement No. 66: Technical Corrections
c)GASB Statement No. 67: Financial Reporting for Pension Plans
2.FY2015
a)GASB Statement No. 68: Accounting and Financial Reporting for Pensions
b)GASB Statement No. 69: Government Combinations and Disposals of Government
Operations
c)GASB Statement No. 71: Pension Transition for Contributions Made Subsequent to the
Measurement Date
3.Other
a) OPEB GASB Statement: Exposure draft to be issued April 2014 (Estimated issue date is June
2015)
9
Questions?
CITY OF CLEARWATER, FLORIdA
COmpREhEnsIvE AnnuAL FInAnCIAL REpORT
FOR FIsCAL YEAR EndEd sEpTEmBER 30, 2014
2013/2014
George N. Cretekos
Mayor
Doreen Hock-DiPolito Jay Polglaze Bill Jonson Hoyt Hamilton
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, 2014
i
ii
City of Clearwater, Florida
Comprehensive Annual Financial Report
For the Fiscal Year Ended September 30, 2014
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 ............................................................................................................... 5
Basic Financial Statements:
Government-wide Financial Statements:
Statement of Net Position ........................................................................................................................... 20
Statement of Activities ................................................................................................................................ 21
Fund Financial Statements:
Balance Sheet – Governmental Funds ..................................................................................................... 22
Reconciliation of the Balance Sheet of Governmental Funds to the Statement of Net Position ............ 23
Statement of Revenues, Expenditures, and Changes in Fund Balances - Governmental Funds ......... 24
Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances
of Governmental Funds to the Statement of Activities .......................................................................... 25
Statement of Revenues, Expenditures, and Changes in Fund Balances -
Budget and Actual (Non-GAAP Basis) – General Fund ...................................................................... 26
Statement of Revenues, Expenditures, and Changes in Fund Balances -
Budget and Actual (GAAP Basis) – Special Development Fund ......................................................... 27
Statement of Net Position – Proprietary Funds ........................................................................................ 28
Statement of Revenues, Expenses, and Changes in Net Position – Proprietary Funds ........................ 32
Statement of Cash Flows – Proprietary Funds ......................................................................................... 36
Statement of Fiduciary Net Position – Fiduciary Funds ........................................................................... 40
Statement of Changes in Fiduciary Net Position - Fiduciary Funds ........................................................ 41
Notes to the Basic Financial Statements ...................................................................................................... 42
Required Supplementary Information - Pension Trust Funds:
GASB Statement No. 27 Accounting for Pensions by State and Local Governments ............................... 97
GASB Statement No. 67 Financial Reporting for Pension Plans .............................................................. 100
Required Supplementary Information – Other Postemployment Benefits:
GASB Statement No. 45 Accounting and Financial Reporting by Employers for Post-Employment
Benefits other than Pensions ................................................................................................................. 106
Combining and Individual Fund Statements and Schedules:
Combining Balance Sheet – Nonmajor Governmental Funds .................................................................. 110
Combining Statement of Revenues, Expenditures and Changes in Fund Balances -
Nonmajor Governmental Funds ............................................................................................................... 112
Schedule of Revenues, Expenditures, and Changes in Fund Balance –
Budget and Actual (GAAP Basis) – Community Redevelopment Agency Special Revenue Fund ....... 115
Combining Statement of Net Position – Nonmajor Enterprise Funds ....................................................... 118
Combining Statement of Revenues, Expenses, and Changes in Net Position -
Nonmajor Enterprise Funds...................................................................................................................... 120
Combining Statement of Cash Flows - Nonmajor Enterprise Funds ........................................................ 122
Combining Statement of Net Position – Internal Service Funds ............................................................... 128
iii
City of Clearwater, Florida
Comprehensive Annual Financial Report
For the Fiscal Year Ended September 30, 2014
TABLE OF CONTENTS (Continued)
Combining Statement of Revenues, Expenses, and Changes in Net Position –
Internal Service Funds ................................................................................................................................. 129
Combining Statement of Cash Flows – Internal Service Funds ......................................................................... 130
Combining Statement of Fiduciary Net Position – Fiduciary Funds ................................................................... 134
Combining Statement of Changes in Fiduciary Net Position – Fiduciary Funds ............................................... 135
Statement of Changes in Assets and Liabilities – Agency Fund ........................................................................ 136
Supplementary Information:
Continuing Disclosure – Gas System Revenue Bonds, Series 2007, 2013 and 2014 ...................................... 138
Continuing Disclosure – Water & Sewer Revenue Refunding Bonds, Series 2003, 2009B and 2011;
and Revenue Bonds Series 2006 and 2009A ............................................................................................ 143
Continuing Disclosure – Stormwater System Revenue Bonds, Series 2004, 2005, 2012, 2013 and 2014 ..... 146
Fire Services Program ......................................................................................................................................... 147
STATISTICAL SECTION:
Introduction ............................................................................................................................................ 149
Schedule 1 Net Position by Component .................................................................................................................. 151
Schedule 2 Changes in Net Position ....................................................................................................................... 152
Schedule 2a Program Revenues by Function/Program ............................................................................................ 155
Schedule 3 Fund Balances of Governmental Funds ............................................................................................... 156
Schedule 4 Changes in Fund Balances of Governmental Funds ........................................................................... 157
Schedule 5 Assessed Value and Estimated Actual Value of Taxable Property .................................................... 158
Schedule 6 Direct and Overlapping Property Tax Rates ........................................................................................ 159
Schedule 7 Property Tax Levies and Collections .................................................................................................... 160
Schedule 8a Principal Real Property Taxpayers ....................................................................................................... 161
Schedule 8b Principal Personal Property Taxpayers ................................................................................................ 162
Schedule 9 Ratios of Outstanding Debt by Type .................................................................................................... 163
Schedule 10 Ratios of General Bonded Debt Outstanding ....................................................................................... 164
Schedule 11 Direct and Overlapping Governmental Activities Debt......................................................................... 165
Schedule 12 Legal Debt Margin Information ............................................................................................................. 166
Schedule 13 Pledged-Revenue Coverage ................................................................................................................ 167
Schedule 14 Demographic and Economic Statistics ................................................................................................. 169
Schedule 15 Principal Employers .............................................................................................................................. 170
Schedule 16 Full-time Equivalent City Government Employees by Function/Program ........................................... 171
Schedule 17 Operating Indicators by Function/Program .......................................................................................... 172
Schedule 18 Capital Asset Statistics by Function/Program ...................................................................................... 173
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 ................................................................................................................................................ 177
Independent Auditor’s Report on Compliance for Each Major Program and on Internal Control Over
Compliance Required by OMB Circular A-133 and Chapter 10.550, Rules of the Auditor
General of the State of Florida. ............................................................................................................................. 179
Schedule of Expenditures of Federal Awards and State Financial Assistance Projects ............................................ 181
Notes to Schedule of Expenditures of Federal Awards and State Financial Assistance Projects .............................. 184
Schedule of Findings and Questioned Costs ................................................................................................................ 185
Independent Auditor’s Management Letter ................................................................................................................... 189
Independent Accountant’s Report ................................................................................................................................. 193
ix
City of Clearwater Organizational Chart
Assistant City Manager Assistant City Manager
Citizens of Clearwater
City Council
City Attorney
Emergency
Management City Manager
Fire DepartmentEngineering
Office of
Management &
Budget
Customer
Service
Police
Department
Financial
Services
Parks &
Recreation
Economic
Development &
Housing
Gas System
City Auditor Information
Technology Public Utilities Marine &
Aviation
Public
Communications Library
Solid Waste /
General Support
Services
Official Records &
Legislative
Services
Human
Resources
Planning &
Development
x
Member of Kreston International – a global network of independent accounting firms
Mayer Hoffman McCann P.C.
An Independent CPA Firm
13577 Feather Sound Drive, Suite 400 Clearwater, Florida 33762
Main: 727.572.1400 Fax: 727.571.1933 www.mhm-pc.com
Independent Auditor’s Report
To the Honorable Mayor and City Councilmembers
City of Clearwater, Florida:
Report on the Financial Statements
We have audited the accompanying financial statements of the governmental activities, the business-type
activities, each major fund, and the aggregate remaining fund information of the City of Clearwater,
Florida (the “City”) as of and for the year ended September 30, 2014, and the related notes to the financial
statements, which collectively comprise the City’s basic financial statements as listed in the table of
contents. We have also audited the financial statements of each of the City’s non-major governmental,
non-major enterprise, internal service and fiduciary funds presented as supplementary information, as
defined by the Governmental Accounting Standards Board, in the accompanying combining and
individual fund statements as of and for the year ended September 30, 2014, as listed in the table of
contents.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial statements in
accordance with accounting principles generally accepted in the United States of America; this includes
the design, implementation, and maintenance of internal control relevant to the preparation and fair
presentation of financial statements that are free from material misstatement, whether due to fraud or
error.
Auditor’s Responsibility
Our responsibility is to express opinions on these financial statements based on our audit. We conducted
our audit in accordance with auditing standards generally accepted in the United States of America and
the standards applicable to financial audits contained in Government Auditing Standards, issued by the
Comptroller General of the United States. Those standards require that we plan and perform the audit to
obtain reasonable assurance about whether the financial statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in
the financial statements. The procedures selected depend on the auditor’s judgment, including the
assessment of the risks of material misstatement of the financial statements, whether due to fraud or error.
In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation
and fair presentation of the financial statements in order to design audit procedures that are appropriate in
the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s
internal control. Accordingly, we express no such opinion. An audit also includes evaluating the
appropriateness of accounting policies used and the reasonableness of significant accounting estimates
made by management, as well as evaluating the overall presentation of the financial statements.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for
our audit opinions.
1
Opinions
In our opinion, the financial statements referred to above present fairly, in all material respects, the
respective financial position of the governmental activities, the business-type activities, each major fund,
and the aggregate remaining fund information of the City, as of September 30, 2014, and the respective
changes in financial position, and, where applicable, cash flow thereof, and the respective budgetary
comparisons for the general fund and the special development fund, for the year then ended in accordance
with accounting principles generally accepted in the United States of America. In addition, in our
opinion, the financial statements referred to above present fairly, in all material respects, the respective
financial position of each of the non-major governmental, non-major enterprise, internal service and
fiduciary funds of the City as of September 30, 2014, and the respective changes in financial position and
cash flows, where applicable, thereof for the year then ended, in conformity with accounting principles
generally accepted in the United States of America.
Emphasis of Matter
As described further in Note IV.J . the City adopted the provisions of Statement of Governmental Auditing
Standards No. 65, Items Previously Reported as Assets and Liabilities, for the year ended September 30,
2014. Our opinion is not modified with respect to that matter.
Other Matters
Required Supplementary Information
Accounting principles generally accepted in the United States of America require that the management’s
discussion and analysis and the schedules of funding progress, employer contributions, changes in net
pension liability and related ratio’s, contributions, and investment returns for the City’s defined benefit
pension and other post-employment benefit plans on pages 5-17, and 97-106, respectively, be presented to
supplement the basic financial statements. Such information, although not a part of the basic financial
statements, is required by the Governmental Accounting Standards Board, who considers it to be an
essential part of financial reporting for placing the basic financial statements in an appropriate
operational, economic, or historical context. We have applied certain limited procedures to the required
supplementary information in accordance with auditing standards generally accepted in the United States
of America, which consisted of inquiries of management about the methods of preparing the information
and comparing the information for consistency with management’s responses to our inquiries, the basic
financial statements, and other knowledge we obtained during our audit of the basic financial statements.
We do not express an opinion or provide any assurance on the information because the limited procedures
do not provide us with sufficient evidence to express an opinion or provide any assurance.
Other Information
Our audit was conducted for the purpose of forming opinions on the financial statements that collectively
comprise the City’s basic financial statements. The introductory section, supplementary information and
the statistical section are presented for purposes of additional analysis and are not a required part of the
basic financial statements. The schedule of expenditures of federal awards and state financial assistance is
presented for purposes of additional analysis as required by U.S. Office of Management and Budget
Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations, and Chapter 10.550,
Rules of the Auditor General - Local Governmental Entity Audits, and is also not a required part of the
basic financial statements.
2
The schedule of expenditures of federal awards and state financial assistance and the supplementary
information on pages 138-147 are the responsibility of management and were derived from and relate
directly to the underlying accounting and other records used to prepare the basic financial statements.
Such information has been subjected to the auditing procedures applied in the audit of the basic financial
statements and certain additional procedures, including comparing and reconciling such information
directly to the underlying accounting and other records used to prepare the basic financial statements or to
the basic financial statements themselves, and other additional procedures in accordance with auditing
standards generally accepted in the United States of America. In our opinion the schedule of expenditures
of federal awards and state financial assistance and the supplementary information are fairly stated in all
material respects in relation to the basic financial statements as a whole.
The introductory and statistical sections have not been subjected to the auditing procedures applied in the
audit of the basic financial statements and, accordingly, we do not express an opinion or provide any
assurance on them.
Other Reporting Required by Government Auditing Standards
In accordance with Government Auditing Standards, we have also issued our report dated March 31,
2015, on our consideration of the City’s internal control over financial reporting and on our tests of its
compliance with certain provisions of laws, regulations, contracts and grant agreements and other matters.
The purpose of that report is to describe the scope of our testing of internal control over financial
reporting and compliance and the results of that testing, and not to provide an opinion on internal control
over financial reporting or on compliance. That report is an integral part of an audit performed in
accordance with Government Auditing Standards in considering the City’s internal control over financial
reporting and compliance.
March 31, 2015
Clearwater, Florida
3
5
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, 2014. Management’s Discussion and Analysis
(MD&A) should be read in conjunction with the City’s Transmittal Letter, which begins on page v of this report.
Financial Highlights
The City’s assets exceeded its liabilities at the close of fiscal year 2014 by $811.2 million (net position). Of this
amount, $217.1 million (unrestricted net position) may be used to meet the government’s ongoing obligations to
citizens and creditors.
The City’s total net position increased by $30.2 million, or 3.9%, during fiscal 2014. Net position for
governmental activities increased by $11.4 million, or 2.9%, while the business-type net position increased by
$18.8 million, or 4.9%.
Significant factors contributing to the $11.4 million increase in governmental net position included a decrease of
net program expense of $1.1 million from the prior year as a result of an increase of $2.1 million in
governmental program expenses, coupled with a increase in charges for services of $3.8 million and an
increase in operating and capital grants and contributions totaling $144 thousand. General revenues for
governmental activities increased by $5.7 million, or 7.3%, primarily due to a $3.7 million, or 334.1%, increase
in investment earnings, a $1.2 million increase in property taxes, and a $900 thousand increase in sales taxes.
Transfers in from business-type activities increased $3.9 million.
The $18.8 million increase in business-type net position included an increase in net program revenues of $868
thousand as a result of an increase in charges for services of $6.8 million and an increase in operating and
capital grants and contributions totaling $6.9 million, offset by an increase in program expenses of $12.8 million.
$5.5 million of the increase in charges for services is attributable to the Water & Sewer and Gas utilities. The
Water & Sewer Utility also posted an increase of $6.9 million in operating and capital grants and contributions.
General revenues increased $4.7 million due to a decrease in investment earnings, and transfers out to
governmental activities increase $3.9 million
At September 30, 2014, the City’s governmental funds reported combined ending fund balances of $112.6
million, an increase of $474 thousand, or 0.4%, in comparison with the prior year. Of this amount, $17.1 million
(or 15.2%) is available for spending at the government’s discretion (unassigned fund balance).
At September 30, 2014, unrestricted fund balance (the total of the committed, assigned and unassigned
components of fund balance) for the general fund was $24.4 million, or 21.5% of total current year general fund
expenditures.
Total outstanding long-term debt decreased $5.4 million primarily due to principal payments on bonds payable
in the amount of $8.3 million, a net increase in lease purchase contracts of $796 thousand, a net increase in the
liability for other postemployment benefits of $2.1 million, and a net decrease in claims payable of $158
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.
6
Government-Wide Financial Statements
The government-wide financial statements are the statement of net position 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 position of governmental activities and business-type activities, and
the change in net position. 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, Clearwater Harbor Marina, and parking system operations are reported as business-type
activities.
The statement of net position presents information on all of the City’s assets and liabilities, with the difference
between the two reported as net position. Over time, increases or decreases in net position may serve as a
useful indicator as to whether the financial position of the City is improving or deteriorating. Net position is
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 position changed as a result of the
year’s activities. All changes in net position 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.
7
The basic governmental fund financial statements can be found on pages 22-27 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
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 28-39 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 40-41 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 42-96 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 97-106 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 110-136 of this report.
8
Government-Wide Financial Analysis
The overall financial position of the City improved in both fiscal 2014 and fiscal 2013. As noted earlier, net position may
serve over time as a useful indicator of a government’s financial position. In the case of the City, assets exceeded
liabilities by $811.2 million at the close of the fiscal year ended September 30, 2014. This represents an increase of
$30.2 million from the September 30, 2013 total net position of $781.0 million. The City reports positive balances in all
three categories of net position, both for the government as a whole as well as for its separate governmental and
business-type activities, for both the current year and the prior year, as indicated in the following table:
(restated)(restated)
2014 2013 2014 2013 2014 2013
Assets
Current and other assets176,995,185$ 173,756,776$ 212,160,726$ 228,892,471$ 389,155,911$ 402,649,247$
Capital assets280,198,958 270,595,636 424,517,765 398,342,688 704,716,723 668,938,324
Total assets457,194,143 444,352,412 636,678,491 629,071,774 1,093,872,634 1,071,587,571
Liabilities
Current and other liabilities6,057,255 6,348,943 16,481,273 18,693,278 22,538,528 25,042,221
Long-term debt outstanding:
Due within one year10,253,728 11,258,660 9,531,752 9,206,062 19,785,480 20,464,722
Due in more than one year34,041,732 31,260,285 210,824,224 213,850,591 244,865,956 245,110,876
Total liabilities 50,352,715 48,867,888 236,837,249 241,749,931 287,189,964 290,617,819
Net position
Invested in capital assets,
net of related debt 261,886,142 252,661,261 214,175,302 180,323,556 476,061,444 432,984,817
Restricted 68,427,455 60,454,040 49,530,227 53,237,119 117,957,682 113,691,159
Unrestricted 76,527,831 82,369,223 140,606,726 151,924,553 217,134,557 234,293,776
Total net position 406,841,428$ 395,484,524$ 404,312,255$ 385,485,228$ 811,153,683$ 780,969,752$
City of Clearwater, Florida - Net Position
Governmental ActivitiesBusiness-type ActivitiesTotal
A large portion of the City’s net position (58.7%) 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 $9.2 million, or 3.7%, increase in net investment in capital assets for governmental activities versus the
previous year. The increase was due to a decrease in related revenue bond debt due to $610 thousand in scheduled
bond principal payments and an increase of $1.0 million in capital lease purchase contracts, plus a net increase of $9.6
million in governmental capital assets for the current fiscal year. The increase in governmental capital assets resulted
from capital asset additions of $21.7 million and net transfers from business-type activities of $4.4 million, offset by
depreciation expense of $16.5 million and net capital asset retirements totaling approximately $40 thousand.
Net investment in capital assets for business-type activities increased by $33.9 million, or 18.8%, due to $50.0 million of
capital asset additions, offset by $19.4 million in current year depreciation expense, $4.4 million in net transfers to
governmental activities, and a decrease of $7.7 million in related bond debt, net of unspent bond proceeds.
An additional portion of the City’s net position (14.6%) represents resources that are subject to external restrictions on
how they may be used. The remaining balance of unrestricted net position ($217.1 million or 26.8%) may be used to
meet the government’s ongoing obligations to citizens and creditors.
Changes in Net Position
The following table reflects the changes in net position for the years ended September 30, 2014, and September 30,
2013:
9
2014 2013 2014 2013 2014 2013
Revenues
Program revenues:
Charges for services 41,357,619$ 37,580,501$ 158,352,056$ 151,513,414$ 199,709,675$ 189,093,915$
Operating grants and contributions 6,304,872 8,113,785 139,930 583,524 6,444,802 8,697,309
Capital grants and contributions 2,390,527 437,180 13,589,852 6,250,438 15,980,379 6,687,618
General revenues:
Property taxes 38,573,745 37,360,006 - - 38,573,745 37,360,006
Sales taxes 15,722,125 14,817,953 - - 15,722,125 14,817,953
Utility taxes 14,309,064 13,472,467 - - 14,309,064 13,472,467
Other taxes 12,785,814 13,627,722 - - 12,785,814 13,627,722
Other 2,624,462 (975,615) 3,407,016 (1,286,154) 6,031,478 (2,261,769)
Total revenues 134,068,228 124,433,999 175,488,854 157,061,222 309,557,082 281,495,221
Expenses
General Government 15,017,745 13,496,075 - - 15,017,745 13,496,075
Public Safety70,125,960 68,056,674 - - 70,125,960 68,056,674
Physical Environment3,416,173 3,451,055 - - 3,416,173 3,451,055
Transportation11,128,924 12,954,006 - - 11,128,924 12,954,006
Economic Environment2,517,166 3,034,577 - - 2,517,166 3,034,577
Human Services137,077 104,330 - - 137,077 104,330
Culture and Recreation33,051,391 32,212,834 - - 33,051,391 32,212,834
Interest on Long-term Debt726,819 698,290 - - 726,819 698,290
Water and Sewer Utility- - 64,809,871 57,773,554 64,809,871 57,773,554
Gas Utility- - 31,639,487 29,747,195 31,639,487 29,747,195
Solid Waste Utility- - 17,571,880 17,042,189 17,571,880 17,042,189
Stormwater Utility- - 16,476,516 12,284,350 16,476,516 12,284,350
Other- - 12,754,142 13,599,796 12,754,142 13,599,796
Total expenses136,121,255 134,007,841 143,251,896 130,447,084 279,373,151 264,454,925
(2,053,027) (9,573,842) 32,236,958 26,614,138 30,183,931 17,040,296
Transfers13,409,931 9,505,454 (13,409,931) (9,505,454) - -
Increase in net position 11,356,904 (68,388) 18,827,027 17,108,684 30,183,931 17,040,296
Net position - beginning (restated)395,484,524 395,552,912 385,485,228 370,213,159 780,969,752 765,766,071
Net position - ending406,841,428$ 395,484,524$ 404,312,255$ 387,321,843$ 811,153,683$ 782,806,367$
transfers
Governmental ActivitiesBusiness-type Activities Totals
Increase in net position before
Governmental Activities
Net position of governmental activities increased by $11.4 million from $395.4 million as of September 30, 2013, to
$406.8 million as of September 30, 2014. This represents a 2.9% increase in net position for governmental activities.
Total expenses for governmental activities increased by $2.1 million, or 1.6%, versus the prior year. Most operating
expenses remained status quo or showed slight increases from the prior year’s budget.
Total program revenues for governmental activities increased by $3.9 million, or 8.5%, versus the prior year. This
increase was primarily due to a $3.8 million increase in charges for services, and a $144 thousand net increase in
operating and capital grants and contributions. Operating grants and contributions decreased $1.8 million, while capital
grants and contributions increased $1.9 million.
Total general revenues for governmental activities increased by $5.7 million, or 7.3%, primarily due to a $3.7 million, or
334.1%, increase in investment earnings, a $1.2 million increase in property taxes, and a $900 thousand increase in
sales taxes. Transfers in from business-type activities increased $3.9 million, or 41.0%, primarily due to the closure of
the Harborview Center Enterprise Fund and the transfer of its capital assets to governmental activities.
The cost of all governmental activities this year was $136.1 million. This reflects a $2.1 million, or 1.6%, increase from
the fiscal 2013 total of $134.0 million. However, as shown on the Statement of Activities, the amount that the City’s
taxpayers ultimately financed for these activities totaled $86.1 million, because some of the cost was paid for by those
who directly benefited from the programs ($41.4 million) or by other governments and organizations that subsidized
certain programs with grants and contributions ($8.7 million). This total of $86.1 million is $1.8 million, or 2.1%, less than
the fiscal 2013 amount financed from general revenues.
10
Business-type Activities
Net position for business-type activities increased from $385.5 million for the prior year to $404.3 million. This increase
totaled $18.8 million, reflecting a 4.9% increase in business-type activities net position. Net revenue from business-type
activities, before investment earnings and transfers, increased from $27.9 million for the prior year to $28.8 million for
fiscal 2014. This $930 thousand, or 3.3%, increase was primarily the result of a $6.8 million increase in charges for
services and a $7.3 million increase in capital grants and contributions, offset by a $444 thousand decrease in operating
$0
$10
$20
$30
$40
$50
$60
$70
$80
Millions
Expenses and Program Revenues -Governmental Activities
For the Year Ended September 30, 2014
Expenses Revenues
General
Government
Public
Safety
Physical
Environment
Transportation
Economic
Environment
Human
Services
Culture and
Recreation
Intereston
Long-term Debt
Charges for services
30.8%
Operating grants and
contributions
4.7%
Capital grants and
contributions
1.8%
Property taxes
28.8%Sales taxes
11.7%
Utility taxes
10.7%
Communications services
taxes
3.8%
Other taxes
5.8%
Other revenues
1.9%
Revenues by Sources -Governmental Activities
For the Year Ended September 30, 2014
11
grants and contributions and a $12.8 million increase in operating expenses. The largest increase of $1.7 million was in
the Water & Sewer Utility, offset by the largest decrease of $1.0 million in the Aviation Fund.
Total program revenues for business-type activities increased by $13.7 million, or 8.7%, to $172.1 million versus the
prior year total of $158.3 million, primarily in the Water & Sewer Utility due to a 4.5% rate increase effective October 1,
2013 as well as the increase of $7.3 million in capital grants and contributions.
Total expenses for business-type activities increased by $12.8 million, or 9.8%, from $130.4 million in fiscal 2013 to
$143.2 million for fiscal 2013. Expenses in the Water & Sewer Utility increased $7.0 million (12.2%) due to increased
project activity, engineering and trucking services. Stormwater Utility expenses increased $4.2 million (34%) due
increased repair and replacement project activity at Stevenson’s Creek Estuary, Jeffords Street Channel and Storm
Pipe System Improvements. Expenses in the Gas Utility increased $1.9 million (6.4%) primarily due to the increased
cost of natural gas and liquid propane purchased for resale.
Finally, transfers for business-type activities increased from $9.5 million in fiscal 2013 to $13.4 million in the current
year, reflecting a $3.9 increase in transfers to governmental activities, primarily due to the closure of the Harborview
Center Enterprise Fund.
$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
$90,000,000
Water and Sewer
Utility
Gas UtilitySolid Waste UtilityStormwater UtilityOther
Expenses and Program Revenue -Business-type Activities
For the Year Ended September 30, 2014
Expenses
Revenues
12
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, 2014, reflect a combined fund balance of
$112,557,799 versus $112,084,270 for the prior year, an increase of $473,529. A total of $17.1 million, or 15.23%,
represents unassigned fund balance available for spending at the government’s discretion. The remainder of the fund
balance is classified as assigned ($7.6 million or 6.74%) to indicate that it is intended to be used for specific purposes
supported by management’s intent; committed ($19.4 million or 17.21%) to indicate that it can be used only for the
specific purposes determined by a formal vote of the City Council; restricted ($68.4 million or 60.79%) to indicate that it
can be spent only for the specific purposes stipulated by constitution, external resource providers, or through enabling
legislation; or nonspendable ($33 thousand or 0.03%) 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, 2014, unassigned fund balance of the
General Fund totaled $23.5 million, with the remaining $927 thousand 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 20.7% of total general fund expenditures (GAAP basis before
transfers) for the current fiscal year.
Charges for services
90.3%
Operating grants and
contributions
.1%
Capital grants and
contributions
7.7%
Investment earnings
1.9%
Revenues by Source -Business-type Activities
For the Year Ended September 30, 2014
13
The fund balance of the Special Development Fund decreased from $6.0 million to $5.9 million, a decrease of $130
thousand or 2.2%, during the current fiscal year versus a decrease of $2.4 million for fiscal 2013. Investment earnings
increased by $1.1 million, and transfers to the Capital Improvement Fund decreased by $1.0 million.
The fund balance for the Capital Improvement Fund decreased from $45.9 million to $43.2 million during the current
fiscal year. This decrease of $2.7 million is primarily the result of current year capital project expenditures ($20.7 million)
in excess of current year capital project funding received from other funds ($18.1 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 posted an increase of $1.2 million (from $37.8 million to
$39.0 million) 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 an $11.7 million increase in net position versus an $8.2 million increase for
the prior year. Operating revenues increased by $1.8 million, or 2.9%, while operating expenses increased $8.0 million,
or 16.1%. This resulted in a net decrease in operating income of $6.2 million, from $15.4 million in fiscal 2013 to $9.2
million in 2014. Additionally, capital grants and contributions increased by $6.9 million, or 155.2% and investment
earnings increased by $2.1 million. The increase in operating revenues was the result of a 4.5% rate increase effective
October 1, 2013. The increase in operating expenses was primarily due to increased project activity, engineering and
trucking services. 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, as well as
increased contributions from developers, sewer taps and water impact fees.
The Gas Utility Fund realized a $7.9 million increase in net position versus a $5.4 million increase for the prior year.
Operating revenues increased by $3.6 million, or 9.6%, from the prior year, primarily due to increased gas installation
and permit charges resulting from new construction as well as increased appliance repairs, while operating expenses
also increased by $2.1 million (7.4%). The increase in operating expenses was primarily due to the increased cost of
natural gas and liquid propane purchased for resale. This resulted in a $1.5 million, or 17.3%, increase in operating
income from the prior year. Additionally, other nonoperating revenues increased $564 thousand primarily due to
increased investment earnings of $809 thousand and decreased interest expense of $149 thousand offset by a
decrease of $405 thousand in other nonoperating revenue as a result of an energy grant received in fiscal 2013 that
was not received in fiscal 2014. Transfers out to other funds decreased by $438 thousand, or 14.3% primarily due to the
decreased dividend to the General Fund on the fiscal 2013 increase in net position.
The Solid Waste Utility Fund realized a $1.8 million increase in net position versus a $436 thousand increase for the
prior year. Operating revenues increased by $354 thousand, or 1.8%, while operating expenses also increased by
$403 thousand, resulting in a decrease of $49,381 in operating income from $2,224,789 in fiscal 2013 to $2,175,408 in
fiscal 2014. The increase in operating revenues was very slight, as there were no rate increases approved for fiscal
2014. The increase in operating expenses was due increased staffing levels including the transfer of a Solid Waste
Coordinator from the Recycling Fund. Nonoperating revenues increased $742 thousand (primarily due to an increase
of $634 thousand in investment earnings.
The Stormwater Utility Fund realized an increase in net position of $2.0 million versus a prior year increase of $3.7
million. Operating revenues increased by $438 thousand, or 2.7%, primarily due to scheduled rate increases of 2.75%
effective October 1, 2013. Additionally, fiscal 2014 realized a $4.3 million, or 39.9% increase in operating expenses,
primarily attributable to increased repair and replacement project activity at Stevenson’s Creek Estuary, Jeffords Street
Channel and Storm Pipe System Improvements.
14
Unrestricted net position and changes in net position of the proprietary funds for fiscal years 2014 and 2013:
(restated)(restated)
Fund 2014 2013 2014 2013
Water and Sewer Utility 34,002,111$ 48,383,772$ 11,656,050$ 6,824,466$
Gas Utility 36,086,897 33,173,757 7,941,381 5,343,199
Solid Waste Utility 27,372,823 25,434,377 1,828,679 436,232
Stormwater Utility 26,979,606 29,660,395 2,013,338 3,429,994
Other funds 13,642,118 12,600,138 (4,463,478) (524,988)
Totals 138,083,555$ 149,252,439$ 18,975,970$ 15,508,903$
Unrestricted Net Position Change in Net Position
General Fund Budgetary Highlights
The final amended budget for General Fund expenditures reflected a net increase of $4.1 million, or 3.7%, from the
original budget. Key elements of this increase were as follows:
First Quarter Budget Amendments included an increase of $481,720 in major medical insurance across all
departments to fund the self insurance program for health insurance and the CIGNA contract for plan administration
for calendar year 2014; an increase to Police and Fire Department overtime for $4,510 due to the World Rescue
Challenge event; an increase of $37,500 to fund a legal settlement; an increase of $73,980 to fund an additional 1.8
FTE’s for Pier 60; an increase of $20,662 to the special events budget in Parks & Recreation to fund the World
Rescue Challenge event; an increase of $37,630 to fund an additional Parks Service Technician II position; and
increase of $4,500 to fund the architectural analysis for Beach by Design; an increase of $871 for Police
Department uniforms; and increase of $8,499 for Police Department overtime; and an increase of $5,149 for Police
Department operating expenditures.
Mid-Year Budget Amendments included an increase of $106,040 for outside legal counsel for matters related to the
Clearwater Marine Aquarium and an unexpected high liability lawsuit; an increase of $50,000 to Fire Department
overtime for staffing at Phillies/Threshers baseball games; an increase of $30,000 to replace damaged equipment
of Fire Engine 51; an increase of $115,000 to fund leave payouts for retirements and resignations of eight Fire
Department employees; an increase of $81,000 to Pier 60 expenditures for additional inventory purchases for
resale, credit card fees and shelving for new items; an increase of $57,450 to fund retirement payouts of three long-
term Parks & Recreation employees; an increase of $8,596 in Police Department overtime; an increase of $269 in
Police Department uniforms; and increase of $579 in Police Department travel expenditures.
Third Quarter Budget Amendments included an increase of $34,048 for outside legal counsel for matters related to
the Clearwater Marine Aquarium; an increase of $65,380 to fund a retirement payout for a long-term attorney; an
increase of $1,308,060 to fund the General Fund’s contribution to the Fire Supplemental Pension Plan; a decrease
of $6,540 to reflect a decrease in inventory purchases due to the discontinuation of cigarette sales at Pier 60; an
increase of $91,760 to fund the retirement payout of the budget director; an increase of $28,990 to fund the
retirement payouts of three long-term Parks & Recreation employees; and increase of $17,046 in Police
Department overtime; and increase of $860,205 to fund the General Fund’s contribution to the Police Supplemental
Pension Plan; an increase of $28,200 to fund the HDR contract for the US-19 Corridor Redevelopment Plan; an
increase of $545,000 to provide funding for the buyback of prior service credit for certain hazardous duty contract
employees enrolled in the Employees’ Pension Plan; and an increase of $50,000 for an EEOC settlement.
15
Final budgeted revenues reflect a net increase of $2.6 million, or 2.5%, from the original budget primarily due to the
following:
First Quarter Budget Amendments included an increase in other governmental revenue reflecting $14,519 in
reimbursements from the Department of Treasury supporting the Joint Terrorism Task Force, Drug Enforcement
Agency and purchase of bullet proof vests; an increase in charges for services reflecting an increase in Pier 60
general admissions by $76,000 and increasing solid waste reimbursement charges by $37,630 to fund the transfer
of an employee to staff the Broyhill Beach collection vehicle.
Mid-Year Budget Amendments included an increase in other governmental revenue reflecting an increase of $9,444
in reimbursements from the Department of Treasury supporting the Joint Terrorism Task Force, Drug Enforcement
Agency and purchase of bullet proof vests and equipment and an increase of $35,000 in Fire Tax revenue; an
increase in charges for services of $80,000 in fire inspection revenue, a decrease of $60,000 in Parks and
Recreation rental fees, and an increase of $96,000 in Pier 60 revenues which include fishing admissions, rod
rentals and concession souvenirs; an increase in miscellaneous revenues reflecting $60,000 to South Beach
Pavilion umbrella revenue due to higher than expected receipts, an increase of $80,000 to miscellaneous Fire
revenue which represents reimbursement from the Phillies for increased Fire Department overtime at the
Phillies/Threshers games and an insurance settlement for replacement of damaged supplies, and an increase of
$6,040 in reimbursements from the Clearwater Marine Aquarium for increased expenditures in the City Attorney’s
office.
Third Quarter Budget Amendments included an increase in property tax revenues of $263,470 to reflect actual
collections; an increase in utility taxes of $530,000 to bring the budget in line with actual receipts; a decrease of
$1,000,000 related to the timing of Communications Services Taxes and a prior year adjustment resulting from a
Department of Revenue audit; a decrease of $420,000 in franchise fees due to lower revenues received from
Progress Energy due to mild winter weather patterns; an increase of $500,000 in building and sign permit revenue
to bring the budget in line with actual receipts; an increase in intergovernmental revenue of $17,046 reflecting
reimbursements from the Department of Treasury supporting the HIDTA and FBI, an increase of $126,530 to State
Revenue Sharing revenues representing and adjustment payment received from the state, and an increase of
$2,168,265 to record state monies received for Police and Fire supplemental pension plans; a decrease in charges
for services of $6,540 reflecting a decrease in cigarette sales revenue due to discontinuation of cigarette sales in
June, a decrease of $10,000 to rental fees at the Clearwater Beach Recreation Center to bring the budget in line
with projected receipts, and a decrease of $26,000 in revenue projections for service fees at the Ross Norton
Recreation Center; an increase in miscellaneous revenue of $36,000 to South Beach Pavilion umbrella revenue due
to higher than expected receipts and an increase of $34,048 in reimbursements from the Clearwater Marine
Aquarium for increased expenditures in the City Attorney’s office.
Final budgeted “transfers in” from other funds reflect a $1.4 million, or 16.7%, increase from the original budget primarily
due to:
$481,720 from the Central Insurance Fund to fund the self insurance program for health insurance and the
CIGNA contract for plan administration; and
$925,082 from the Gas Fund representing an increase in the computed annual gas dividend payment for fiscal
year 2013/14; and
$32,095 returned from the Special Programs Fund due to closure of the Pension Changes program.
Final budgeted “transfers out” reflect a $1.5 million, or 41.0%, increase from the original budget primarily due to:
$241,272 transferred to the Capital Improvement Fund for the Bright House Field Repairs project;
$103,350 transferred to the Capital Improvement Fund for the Main Street Fire Station project; and
$292,500 transferred to the Special Programs Fund for the Economic Development Incentives program; and
$250,000 transferred to the Capital Improvement Fund for the Natural Gas Vehicles project; and
$87,000 transferred to the Special Programs Fund for the Human Trafficking Overtime program; and
$250,000 transferred to the Special Programs Fund for the Strategic Direction Action Plan program; and
$40,000 transferred to the Capital Improvement Fund for the Airpark Hangar Rehabilitation project; and
$237,870 transferred to the Stormwater Fund to reimburse for surplus land; and
$40,000 transferred to the Capital Improvement Fund for expenditures related to the Countryside Library
Renovation project not qualified for Penny for Pinellas funding.
16
Total actual revenues for the General Fund for fiscal 2014 were $1.8 million, or 1.7%, greater than final budgeted
revenues. Contributing to this surplus of actual revenues versus final budgeted revenues a surplus of $442,203 (2.1%)
in Intergovernmental Revenue, a surplus of $418,946 (34.6%) in Miscellaneous Revenue, a surplus of $307,431
(12.4%) in Licenses, Permits and Fees, and a surplus of $290,128 (2.1%) in Charges for Services.
Fiscal 2014 actual expenditures for the General Fund were $1.8 million (1.5%) less than final budgeted expenditures,
primarily due to budget savings across most City departments for fiscal 2014.
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, 2014, the City had investments in capital assets
totaling $704,716,723 (net of accumulated depreciation).
201420132014201320142013
Land76,787$ 75,788$ 30,509$ 31,435$ 107,296$ 107,223$
Buildings 91,486 84,400 6,397 10,853 97,883 95,253
Improvements other than buildings16,818 17,814 338,756 319,507 355,574 337,321
Machinery and equipment 17,397 16,794 2,491 2,501 19,888 19,295
Infrastructure 62,278 62,648 - - 62,278 62,648
Construction in progress 15,433 13,152 46,365 34,046 61,798 47,198
Total 280,199$ 270,596$ 424,518$ 398,342$ 704,717$ 668,938$
* Net of accumulated depreciation
Governmental Activities TotalBusiness-type Activities
City of Clearwater, Florida - Capital Assets*
(amounts in thousands)
Net capital assets for the City’s governmental activities increased from $270.6 million to $280.2 million, reflecting an
increase of $9.6 million for the current fiscal year. Capital asset additions of $21.7 million and net transfers from
business-type activities of $4.4 million were offset by depreciation expense of $16.5 million and net capital asset
retirements totaling approximately $40 thousand. Major fiscal 2014 completed governmental capital projects included
$1.5 million for Druid Road Improvements, $1.1 million for Hillcrest Traffic Calming, $4.8 million for Capitol Theatre and
$669 thousand for Phillip Jones Park Renovation.
Net capital assets for the City’s business-type activities increased from $398.3 million to $424.5 million, reflecting an
increase of $26.2 million for the current fiscal year. Capital asset additions of $50.0 million were offset by depreciation
expense of $19.4 million and net transfers to governmental activities of $4.4 million. Major fiscal 2014 completed
business-type capital projects included $1.4 million for various stormwater projects, $7.5 million for Reverse Osmosis
Plant #1 Expansion, and $1.5 million for the Groundwater Replenishment Facility.
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 $265.6 million to $260.2 million, a decrease of $5.4 million or 2.0%.
Long-term debt for governmental activities increased by $1.8 million, or 4.2%, while long-term debt for business-type
activities decreased by $7.2 million or 3.2%. Key factors contributing to these decreases included:
17
The increase in long-term debt for governmental activities is primarily due to increased accruals for lease
purchase contracts, compensated absences and other postemployment benefits, offset by decreased accruals
claims payable, and principal payment of $610 thousand on the Spring Training Facility Revenue Bonds.
The decrease in long-term debt for business-type activities is primarily due to approximately $7.9 million of
scheduled principal payments, a $100 thousand increase in principal payments due to the issuance of the 2014
Stormwater System Revenue Refunding Bonds to redeem the 2005 Stormwater System Revenue Bonds, and a
$80 thousand increase in principal payments due to the issuance of the 2014 Gas System Revenue Refunding
Bonds to redeem the 2005 Gas System Revenue Refunding Bonds, offset by increased accruals for other post-
employment benefits and compensated absences, and a decrease in lease purchase contracts.
The City’s bonded debt as of September 30, 2014, consists entirely of revenue bonds (secured solely by specified
revenue sources) with no general obligation debt or special assessment debt outstanding. Governmental activities
revenue bonds totaled $8.9 million while business-type activities totaled $211.8 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 $208 million at September 30, 2014.
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 2015 Budgets and Rates
Factors considered in preparing the City of Clearwater’s budget for fiscal year 2015 included:
An increase of 6.4% in property values, from $7.7 billion to $8.2 billion. This is the second increase in
valuations that the City has recognized in seven years. City taxable values are still approximately 26% below
peak values of 2007.
The approved millage rate of 5.1550 mills for fiscal year 2015 is the same millage rate as the City’s rate for the
last five fiscal years.
A net increase of 13.5 full-time equivalent positions City-wide to a total of 1,709.2 FTE’s. 12.5 positions are
directly related to additional support for the Water and Sewer and Gas operations, and 1 FTE represents
increases to part-time hours in various departments of the General Fund.
A decrease of $8.8 million in the actuarially required contribution to the Employees’ Pension Plan, from $19.6
million, or 26.33% of covered payroll, for fiscal 2014 to $10.8 million, or 14.53% of covered payroll, for fiscal
2015. The approved budget plans for a contribution rate of 20%, which will meet the actuarially required
contribution of 14.53% as well as restore approximately $4.7 million to the credit balance, which decreased
from $15 million in January 2009 to $5.4 million in January 2014.
An increase in employee medical insurance costs of $2.5 million to a total of $14 million across all City
operations. The increase is due to increases approved by the City Council in October 2013 and January 2014,
as well as to offset some of the cost of the Employee Health Clinic.
Budgeted Water and Sewer utility revenues for 2015 reflect a 4.5% rate increase effective October 1, 2014,
while fiscal 2015 budgeted Stormwater utility revenues reflect a 2.75% rate increase effective October 1, 2014.
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.
19
Basic Financial Statements
GovernmentalBusiness-type
ActivitiesActivitiesTotal
ASSETS
Cash and investments$140,501,788 $123,947,040 $264,448,828
Receivables (net)21,184,903 14,271,435 35,456,338
Internal balances(2,482,629) 2,482,629 -
Due from other governments6,227,201 7,822,070 14,049,271
Prepaid items1,679,184 4,400 1,683,584
Inventories564,318 2,741,942 3,306,260
Restricted assets:
Cash and investments- 59,532,244 59,532,244
Net pension asset4,031,918 1,358,966 5,390,884
Land held for resale5,288,502 - 5,288,502
Capital assets:
Land76,787,171 30,509,054 107,296,225
Buildings91,485,742 6,396,647 97,882,389
Improvements other than buildings16,818,269 338,820,247 355,638,516
Machinery and equipment17,397,301 2,426,819 19,824,120
Infrastructure62,277,733 - 62,277,733
Construction in progress15,432,742 46,364,998 61,797,740
Total assets457,194,143 636,678,491 1,093,872,634
DEFERRED OUTFLOWS OF RESOURCES
Deferred amounts on refunding- 4,471,013 4,471,013
LIABILITIES
Accounts payable and other current liabilities3,263,334 5,641,377 8,904,711
Accrued liabilities2,003,556 676,605 2,680,161
Accrued interest payable37,609 21,696 59,305
Due to other governments242,312 - 242,312
Deposits- 99,808 99,808
Unearned revenue and liens510,444 39,770 550,214
Payable from restricted assets:
Construction contracts payable- 71,983 71,983
Accrued interest payable- 3,128,818 3,128,818
Customers deposits- 6,801,216 6,801,216
Non-current liabilities due within one year:
Compensated absences4,344,605 1,128,771 5,473,376
Capital lease purchases payable3,127,975 162,981 3,290,956
Revenue bonds payable635,000 8,240,000 8,875,000
Claims payable2,226,973 - 2,226,973
Long-term debt and liabilities:
Unearned revenue- 187,113 187,113
Compensated absences3,018,684 784,282 3,802,966
Other postemployment benefits8,373,997 3,442,334 11,816,331
Capital lease purchases payable6,131,881 133,568 6,265,449
Revenue bonds payable8,417,960 206,276,927 214,694,887
Claims payable8,018,385 - 8,018,385
Total liabilities50,352,715 236,837,249 287,189,964
NET POSITION
Net investment in capital assets261,886,142 214,175,302 476,061,444
Restricted for:
Capital projects38,061,550 9,300,000 47,361,550
Debt service595,763 21,405,015 22,000,778
Renewal and replacement- 14,184,383 14,184,383
Land held for resale5,288,502 - 5,288,502
Grant programs24,481,640 - 24,481,640
Impact fees- 4,640,829 4,640,829
Unrestricted76,527,831 140,606,726 217,134,557
Total net position$406,841,428 $404,312,255 $811,153,683
The notes to the financial statements are an integral part of this statement.
Primary Government
City of Clearwater, Florida
Statement of Net Position
September 30, 2014
20
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Special Capital Other Totals
GeneralDevelopmentImprovementGovernmentalGovernmental
Fund Fund Fund Funds Funds
ASSETS
Cash and investments $22,347,862 $3,187,349 $50,291,835 $16,985,966 $92,813,012
Receivables (net where applicable, of allowances
for estimated uncollectible amounts):
Accrued interest 118,129 171,911 1,654 63,845 355,539
Accounts and contracts 381,954 - - - 381,954
Mortgages, notes and other loans - - - 17,974,595 17,974,595
Property taxes 121,393 7,453 - - 128,846
Utility taxes 1,131,030 - - - 1,131,030
Franchise fees 997,407 - - - 997,407
Other - - - 7,748 7,748
Due from other funds (deficit in pooled cash)- - 22,036 - 22,036
Due from other governmental entities - grants - - 751,885 76,662 828,547
Due from other governmental entities - other 2,022,126 3,316,289 - 60,239 5,398,654
Land held for resale - - - 5,288,502 5,288,502
Inventories, at cost 33,364 - - - 33,364
Advances to other funds - - - 325,440 325,440
Total assets $27,153,265$6,683,002$51,067,410$40,782,997 $125,686,674
LIABILITIES
Accounts and contracts payable $331,259 $- $1,918,254 $42,422 $2,291,935
Accrued payroll 1,732,800 - - 54,068 1,786,868
Due to other funds - - 4,233,047 316,667 4,549,714
Due to other funds (deficit in pooled cash)- - - 22,036 22,036
Due to other governmental entities 76,043 118,182 - 48,087 242,312
Construction escrows - - - 3,383 3,383
Unearned revenue 598,454 678,291 260,941 - 1,537,686
Advances from other funds - - 1,419,501 1,275,440 2,694,941
Total liabilities 2,738,556 796,4737,831,743 1,762,103 13,128,875
FUND BALANCES (DEFICITS)
Nonspendable inventories and prepaid items 33,364 - - - 33,364
Restricted - 1,843,831 31,971,196 34,612,428 68,427,455
Committed - 224,266 15,971,901 3,177,798 19,373,965
Assigned 893,402 3,818,432 - 2,870,775 7,582,609
Unassigned 23,487,943 - (4,707,430) (1,640,107) 17,140,406
Total fund balances 24,414,709 5,886,529 43,235,667 39,020,894 112,557,799
Total liabilities and fund balances $27,153,265 $6,683,002 $51,067,410 $40,782,997 $125,686,674
The notes to the financial statements are an integral part of this statement.
City of Clearwater, Florida
Balance Sheet
Governmental Funds
September 30, 2014
22
Total fund balances of governmental funds 112,557,799$
Capital assets used in governmental activities are not financial resources, therefore,
are not reported in the funds. The cost of the assets totals $509,525,889 and the
accumulated depreciation totals $229,326,931 280,198,958
The net pension asset related to governmental activities does not represent financial
resources and is not reported in the funds.4,031,918
Accrued pollution remediation obligation expenses are not financial uses and, therefore,
are not reported in the funds.(246,352)
Accrued general long-term debt interest expenses are not financial uses and, therefore,
are not reported in the funds.(37,609)
Accrued property taxes are not financial resources in the current period and, therefore,
are reported as deferred revenues in the funds.128,846
Accrued liens are not financial resources in the current period and, therefore,
are reported as deferred revenues in the funds.382,463
Accrued permit fees are not financial resources in the current period and, therefore,
are reported as deferred revenues in the funds.94,598
Accrued intergovernmental revenues are not financial resources in the current period and, therefore,
are reported as deferred revenues in the funds.931,779
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 52,155,597
Less: Capital assets included in total governmental capital assets above(17,125,775)
Less: Net pension asset included in total governmental net pension asset above (296,209)
Add: Capital lease purchases payable included in total governmental below 8,676,694
Add: Compensated absences included in total governmental below 873,709
Add: Other post-employment benefits included in total governmental below1,088,285
Less: Adjustment to reflect the consolidation of internal service fund activities
related to enterprise funds (2,523,171)
42,849,130
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 (8,890,000)
Add: Issuance premium (to be amortized as a reduction of interest expense)(162,960)
Capital lease purchases payable (9,259,856)
Other post-employment benefits (8,373,997)
Compensated absences (7,363,289)
(34,050,102)
Total net position of governmental activities 406,841,428$
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 Position
September 30, 2014
23
SpecialCapital Other Total
GeneralDevelopmentImprovementGovernmentalGovernmental
FundFundFundFundsFunds
REVENUES
Taxes:
Property$36,756,233 $1,840,484 $- $- $38,596,717
Sales - 9,464,714 - - 9,464,714
Utility 14,309,064 - - - 14,309,064
Communications services 5,061,031 - - - 5,061,031
Other taxes 2,111,269 1,443,072 - - 3,554,341
Total taxes 58,237,597 12,748,270 - - 70,985,867
Franchise fees 9,876,620 - - - 9,876,620
Licenses, permits, and fees 2,793,131 499,025 - - 3,292,156
Intergovernmental:
Federal - - - 1,820,522 1,820,522
State 12,410,323 - 1,035,930 716,577 14,162,830
Local 8,641,924 - - 1,728,991 10,370,915
Total intergovernmental 21,052,247 - 1,035,930 4,266,090 26,354,267
Charges for services 14,140,848 - - 1,433,452 15,574,300
Fines and forfeitures 1,029,658 - - 449,805 1,479,463
Investment earnings 551,797 820,575 8,062 336,352 1,716,786
Miscellaneous 1,628,904 - 3,321 1,101,822 2,734,047
Total revenues 109,310,802 14,067,870 1,047,313 7,587,521 132,013,506
EXPENDITURES
Current:
General government 13,708,729 - 475,681 206,867 14,391,277
Public safety 64,676,491 - 281,749 1,813,028 66,771,268
Physical environment 3,069,308 - 303,959 26,643 3,399,910
Transportation 5,816,605 - 1,970,041 - 7,786,646
Economic environment 1,308,311 - - 1,236,073 2,544,384
Human services - - - 137,213 137,213
Culture and recreation 24,633,934 - 1,655,365 1,267,942 27,557,241
Debt service:
Principal - - - 946,721 946,721
Interest & fiscal charges - - 35,872 505,761 541,633
Capital outlay - - 15,988,414 109,117 16,097,531
Total expenditures 113,213,378 - 20,711,081 6,249,365 140,173,824
Excess (deficiency) of revenues
over / (under) expenditures(3,902,576) 14,067,870 (19,663,768) 1,338,156 (8,160,318)
OTHER FINANCING SOURCES (USES)
Transfers in10,991,963 - 18,070,981 5,390,330 34,453,274
Transfers out(4,963,249) (14,197,998) (1,094,244) (5,563,936) (25,819,427)
Total other financing sources (uses)6,028,714 (14,197,998) 16,976,737 (173,606) 8,633,847
Net change in fund balances2,126,138 (130,128) (2,687,031) 1,164,550 473,529
Fund balances - beginning22,288,571 6,016,657 45,922,698 37,856,344 112,084,270
Fund balances - ending$24,414,709 $5,886,529 $43,235,667 $39,020,894 $112,557,799
The notes to the financial statements are an integral part of this statement.
City of Clearwater, Florida
Statement of Revenues, Expenditures, and Changes in Fund Balances
Governmental Funds
For the Year Ended September 30, 2014
24
Net change in fund balances ‐ total governmental funds 473,529$
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 29,118,618$
Less current year depreciation (20,137,373)
8,981,245
In the Statement of Activities, capital assets donated from enterprise funds are reported as transfers
in. Governmental funds do not report capital assets.(4,439,416)
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.(37,789)
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 610,000
Capital lease principal payments 336,721
946,721
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 (667,993)
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 (1,289,784)
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 (52,584)
Amortization of issuance costs (66,434)
Amortization of bond discounts and premiums 22,896
Current year change in pollution remediation obligation 230,132
Current year change in accrued interest expense 1,906
135,916
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 (22,972)
Current year change in liens receivable 209,906
Current year change in permit fees receivable 26,798
Current year change in accrued intergovernmental revenues 931,779
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.1,669,548
Total change in net assets of governmental activities 11,356,904$
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, 2014
to the Statement of Activities
25
Variance with
ActualFinal Budget
Original Final AmountsPositive (Negative)
Taxes:
Property $36,453,700 $36,717,170 $36,756,233 $39,063
Utility taxes 13,588,250 14,118,250 14,309,064 190,814
Communications services 6,150,000 5,150,000 5,061,031 (88,969)
Other taxes 2,110,650 2,110,650 2,111,269 619
Total taxes 58,302,600 58,096,070 58,237,597 141,527
Franchise fees 10,163,930 9,743,930 9,876,620 132,690
Licenses, permits, and fees 1,985,700 2,485,700 2,793,131 307,431
Intergovernmental:
State 9,920,920 12,256,724 12,410,323 153,599
Local 8,318,320 8,353,320 8,641,924 288,604
Total intergovernmental 18,239,240 20,610,044 21,052,247 442,203
Charges for services 13,663,630 13,850,720 14,140,848 290,128
Fines and forfeitures 996,150 996,150 1,029,658 33,508
Investment earnings 527,500 527,500 551,797 24,297
Miscellaneous 993,870 1,209,958 1,628,904 418,946
Total revenues 104,872,620 107,520,072 109,310,802 1,790,730
EXPENDITURES
General government
City Council 275,010 277,130 257,039 20,091
City Manager's Office 1,185,310 1,079,302 1,062,539 16,763
City Attorney's Office 1,592,530 1,804,028 1,768,046 35,982
Official Records & Legislative Services 1,200,750 1,204,660 1,100,249 104,411
Public Communications 926,880 931,250 913,978 17,272
Finance 2,190,560 2,172,930 2,117,969 54,961
Human Resources 1,026,540 1,140,218 1,077,589 62,629
Non-Departmental 2,787,090 3,375,590 3,281,848 93,742
Engineering 57,879 58,223 57,824 399
Planning 1,401,820 1,443,880 1,465,151 (21,271)
City Auditor's Office 198,750 202,620 202,718 (98)
Office of Management & Budget 312,550 409,230 410,939 (1,709)
Total general government 13,155,669 14,099,061 13,715,889 383,172
Public safety
Police 36,324,601 37,392,326 36,933,644 458,682
Fire 23,067,830 24,717,600 24,526,896 190,704
Development & Neighborhood Services 3,404,760 3,424,250 3,307,804 116,446
Total public safety 62,797,191 65,534,176 64,768,344 765,832
Physical environment
Engineering 2,575,633 2,590,941 2,573,068 17,873
Parks and Recreation 535,040 537,330 559,080 (21,750)
Total physical environment 3,110,673 3,128,271 3,132,148 (3,877)
Transportation
Engineering 4,749,577 4,761,405 4,545,766 215,639
Parks and Recreation 1,304,050 1,329,790 1,260,916 68,874
Total transportation 6,053,627 6,091,195 5,806,682 284,513
Economic environment
Economic Development 1,362,310 1,366,170 1,323,054 43,116
Total economic environment 1,362,310 1,366,170 1,323,054 43,116
Culture and recreation
Parks and Recreation 18,646,300 18,875,792 18,748,736 127,056
Library 5,359,030 5,385,950 5,218,565 167,385
Marine 673,570 823,860 805,143 18,717
Total culture and recreation 24,678,900 25,085,602 24,772,444 313,158
Total expenditures (budgetary basis)111,158,370 115,304,475 113,518,561 1,785,914
Excess (deficiency) of revenues over expenditures (budgetary basis)(6,285,750) (7,784,403) (4,207,759) 3,576,644
OTHER FINANCING SOURCES (USES)
Transfers in 8,627,840 10,066,737 10,991,963 925,226
Transfers out (3,765,510) (5,307,502) (4,963,249) 344,253
Total other financing sources (uses) (budgetary basis)4,862,330 4,759,235 6,028,714 1,269,479
Excess (deficiency) of revenues and other financing sources
over expenditures and other financing uses (budgetary basis)
Encumbered purchase orders, beginning of year - - (588,219) (588,219)
Encumbered purchase orders, end of year - - 893,402 893,402
Excess (deficiency) of revenues and other financing sources
over expenditures and other financing uses (GAAP basis)
Fund balances - beginning 22,288,571 22,288,571 22,288,571 -
Fund balances - ending $20,865,151 $19,263,403 $24,414,709 $5,151,306
The notes to the financial statements are an integral part of this statement.
REVENUES
(1,423,420) (3,025,168) 1,820,955
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, 2014
(1,423,420) (3,025,168) 2,126,138 5,151,306
Budgeted Amounts
4,846,123
26
Variance with
Final Budget
ActualPositive
OriginalFinalAmounts(Negative)
REVENUES
Taxes:
Property$1,823,650 $1,836,650 $1,840,484 $3,834
Sales 8,632,540 8,632,540 9,464,714 832,174
Other taxes1,400,000 1,400,000 1,443,072 43,072
Total taxes11,856,190 11,869,190 12,748,270 879,080
Licenses, permits, and fees195,000 379,300 499,025 119,725
Investment earnings35,000 440,500 820,575 380,075
Total revenues12,086,190 12,688,990 14,067,870 1,378,880
EXPENDITURES
Total expenditures- - - -
Excess of revenues over expenditures 12,086,190 12,688,990 14,067,870 1,378,880
OTHER FINANCING SOURCES (USES)
Transfers out (13,081,380) (14,222,048) (14,197,998) 24,050
Total other financing sources (uses)(13,081,380) (14,222,048) (14,197,998) 24,050
Excess / (Deficiency) of revenues and other
sources over expenditures and other uses (995,190) (1,533,058) (130,128) 1,402,930
Fund balances - beginning 6,016,657 6,016,657 6,016,657 -
Fund balances - ending $5,021,467 $4,483,599 $5,886,529 $1,402,930
The notes to the financial statements are an integral part of this statement.
For the Year Ended September 30, 2014
Budgeted Amounts
City of Clearwater, Florida
Statement of Revenues, Expenditures, and Changes in Fund Balances -
Budget and Actual (GAAP Basis)
Special Development Fund
27
Water
and SewerGasSolid Waste
UtilityUtilityUtility
ASSETS
Current assets:
Cash and investments$24,684,561 $33,366,274 $26,803,535
Accrued interest receivable294,946 129,858 98,592
Accounts and contracts receivable:
Billed3,605,238 1,103,729 973,164
Unbilled charges estimated2,593,100 1,882,600 764,718
6,198,338 2,986,329 1,737,882
Less: Allowance for uncollectable accounts (84,879) (40,449) (20,353)
Total receivables, net 6,113,459 2,945,880 1,717,529
Other receivables - 145,786 -
Due from other funds - - -
Due from other governmental entities 7,091,710 - -
Inventories, at cost 706,391 1,960,487 -
Prepaid expenses and other assets 4,400 - -
Total current assets - unrestricted 38,895,467 38,548,285 28,619,656
Current assets - restricted:
Restricted cash and investments 10,663,919 2,809,216 1,075,765
Total current assets - restricted 10,663,919 2,809,216 1,075,765
Total current assets 49,559,386 41,357,501 29,695,421
Noncurrent assets:
Restricted:
Restricted cash and investments 32,308,663 300,000 -
Other receivables 187,113 - -
Advances to other funds - - -
Net pension asset 571,968 309,959 313,555
Capital assets:
Land and other nondepreciable assets 43,631,819 336,684 1,041,913
Capital assets, net of accumulated depreciation 230,257,421 51,965,939 1,709,693
Total noncurrent assets 306,956,984 52,912,582 3,065,161
Total assets 356,516,370 94,270,083 32,760,582
DEFERRED OUTFLOWS OF RESOURCES
Deferred amounts on refunding 2,054,847 897,569 -
Total deferred outflows of resources 2,054,847 897,569 -
The notes to the financial statements are an integral part of this statement.
City of Clearwater, Florida
Statement of Net Position
Proprietary Funds
September 30, 2014
Business-type
Enterprise
28
Activities -
StormwaterOtherInternal Service
UtilityFundsTotalFunds
$24,884,907 $14,207,763 $123,947,040 $47,688,776
97,314 79,798 700,508 173,494
863,939 110,531 6,656,601 -
1,393,200 113,924 6,747,542 -
2,257,139 224,455 13,404,143 -
(18,520) (1,914) (166,115) -
2,238,619 222,541 13,238,028 - -
- - 145,786 34,290
- - - 4,661,639
669,183 61,177 7,822,070 -
- 75,064 2,741,942 530,954
- - 4,400 1,679,184
27,890,023 14,646,343 148,599,774 54,768,337
1,375,313 9,300,000 25,224,213 -
1,375,313 9,300,000 25,224,213 -
29,265,336 23,946,343 173,823,987 54,768,337
1,699,368 - 34,308,031 -
- - 187,113 -
- - - 2,573,079
30,951 132,533 1,358,966 296,209
26,899,270 4,964,366 76,874,052 729,771
46,834,646 16,876,014 347,643,713 16,396,004
75,464,235 21,972,913 460,371,875 19,995,063
104,729,571 45,919,256 634,195,862 74,763,400
1,518,597 - 4,471,013 -
1,518,597 - 4,471,013 -
(Continued)
Activities
Funds
29
Water
and SewerGasSolid Waste
UtilityUtilityUtility
City of Clearwater, Florida
Statement of Net Position
Proprietary Funds
September 30, 2014
Business-type
Enterprise
LIABILITIES
Current liabilities:
Accounts and contracts payable3,322,515 1,524,179 360,257
Accrued payroll253,543 124,484 139,936
Accrued interest payable9,445 8,742 3,509
Deposits - - -
Unearned revenue and liens- - -
Current portion of long-term liabilities:
Compensated absences403,520 314,729 159,214
Revenue bonds980,833 898,333 -
Capital lease purchases payable31,639 - 31,855
Due to other funds- - -
Claims payable- - -
Total current liabilities (payable from current assets)5,001,495 2,870,467 694,771
Current liabilities (payable from restricted assets):
Construction contracts payable71,983 - -
Accrued interest payable2,660,052 29,815 -
Current portion of long-term liabilities, revenue bonds4,904,167 81,667 -
Customer deposits3,027,717 2,697,734 1,075,765
Total current liabilities payable from restricted assets10,663,919 2,809,216 1,075,765
Total current liabilities15,665,414 5,679,683 1,770,536
Noncurrent liabilities:
Compensated absences280,370 218,677 110,623
Other postemployment benefits1,195,931 580,536 786,849
Revenue bonds (net of unamortized premiums/discounts)158,828,895 12,573,557 -
Capital lease purchases payable31,603 - -
Unearned revenue187,113 - -
Advances from other funds- - -
Claims payable- - -
Total non-current liabilities160,523,912 13,372,770 897,472
Total liabilities 176,189,326 19,052,453 2,668,008
Net position:
Net investment in capital assets 111,166,950 39,646,635 2,719,751
Restricted for:
Revenue bond debt service and sinking fund requirements 18,687,618 81,667 -
Revenue bond renewal and replacement requirements 13,884,383 300,000 -
Water and sewer impact fees 4,640,829 - -
Developer agreements - - -
Unrestricted 34,002,111 36,086,897 27,372,823
Total net position $182,381,891 $76,115,199 $30,092,574
The notes to the financial statements are an integral part of this statement.
30
Activities -
StormwaterOtherInternal Service
UtilityFundsTotalFunds
Activities
Funds
324,975 109,451 5,641,377 721,664
72,289 86,353 676,605 216,688
- - 21,696 -
- 99,808 99,808 -
- 39,770 39,770 510,444
118,851 132,457 1,128,771 515,519
114,583 - 1,993,749 -
99,487 - 162,981 2,836,491
- 20,271 20,271 91,654
- - - 2,226,973
730,185 488,110 9,785,028 7,119,433
- - 71,983 -
438,951 - 3,128,818 -
1,260,417 - 6,246,251 -
- - 6,801,216 -
1,699,368 - 16,248,268 -
2,429,553 488,110 26,033,296 7,119,433
82,579 92,033 784,282 358,190
342,674 536,344 3,442,334 1,088,285
34,874,475 - 206,276,927 -
101,965 - 133,568 5,840,203
- - 187,113 -
- 20,271 20,271 183,307
- - - 8,018,385
35,401,693 648,648 210,844,495 15,488,370
37,831,246 1,136,758 236,877,791 22,607,803
38,801,586 21,840,380 214,175,302 8,449,081
2,635,730 - 21,405,015 -
- - 14,184,383 -
- - 4,640,829 -
- 9,300,000 9,300,000 -
26,979,606 13,642,118 138,083,555 43,706,516
$68,416,922 $44,782,498 401,789,084 $52,155,597
Net position of business-type activities$404,312,255
2,523,171
Adjustment to reflect consolidation of internal
service fund activities related to enterprise
funds
31
Water
and SewerGasSolid Waste
UtilityUtilityUtility
Operating revenues:
Sales to customers$66,470,475 $39,532,566 $19,440,217
Service charges to customers548,353 1,544,297 81,764
User charges to customers- - -
Billings to departments- - -
Rentals- - -
Other- - -
Total operating revenues67,018,828 41,076,863 19,521,981
Operating expenses:
Personal services10,933,051 5,259,654 6,621,186
Purchases for resale10,009,342 15,036,228 -
Operating materials and supplies2,721,997 1,075,385 362,024
Transportation1,227,405 590,702 3,906,423
Utility service2,675,025 105,381 92,807
Dumping charges1,339 - 4,101,245
Depreciation13,063,269 1,955,404 272,667
Interfund administrative charges5,920,360 2,388,040 1,109,680
Other current charges:
Professional fees3,926,570 529,304 140,555
Advertising54,250 960,556 7,766
Communications137,816 110,169 44,582
Printing and binding7,555 11,862 6,982
Insurance804,010 339,099 388,910
Repairs and maintenance5,365,548 157,877 85,267
Rentals17,389 7,516 2,025
Miscellaneous428,273 178,144 46,464
Data processing charges502,110 365,940 157,990
Taxes - 2,057,222 -
Total other current charges 11,243,521 4,717,689 880,541
Total operating expenses 57,795,309 31,128,483 17,346,573
Operating income 9,223,519 9,948,380 2,175,408
The notes to the financial statements are an integral part of this statement.
Enterprise
City of Clearwater, Florida
Statement of Revenues, Expenses, and Changes in Net Position
Proprietary Funds
For the Year Ended September 30, 2014
Business-type
32
Governmental
Activities -
StormwaterOtherInternal Service
UtilityFundsTotalFunds
$16,689,427 $8,636,339 $150,769,024 $-
71,105 7,453 2,252,972 -
- 2,007,669 2,007,669 -
- - - 47,451,948
- 2,254,111 2,254,111 -
- - - 217,618
16,760,532 12,905,572 157,283,776 47,669,566
3,095,739 3,763,508 29,673,138 10,068,258
- 2,563,126 27,608,696 5,101,252
439,229 291,647 4,890,282 772,625
928,983 1,006,990 7,660,503 226,515
19,992 377,764 3,270,969 531,555
286,926 - 4,389,510 -
2,650,038 1,472,766 19,414,144 5,387,040
1,517,550 1,632,660 12,568,290 311,610
426,458 715,784 5,738,671 4,354,143
- 66,489 1,089,061 -
29,925 47,217 369,709 1,021,540
10,458 30,256 67,113 20,964
85,150 165,771 1,782,940 15,458,196
5,421,868 159,172 11,189,732 3,188,517
23,180 23,568 73,678 535,194
60,746 298,977 1,012,604 167,551
207,040 118,280 1,351,360 442,780
- - 2,057,222 9,882
6,264,825 1,625,514 24,732,090 25,198,767
15,203,282 12,733,975 134,207,622 47,597,622
1,557,250 171,597 23,076,154 71,944
(Continued)
Activities
Funds
33
Water
and SewerGasSolid Waste
UtilityUtilityUtility
Enterprise
City of Clearwater, Florida
Statement of Revenues, Expenses, and Changes in Net Position
Proprietary Funds
For the Year Ended September 30, 2014
Business-type
Nonoperating revenues (expenses):
Investment earnings1,454,195 616,706 471,236
Interest expense(7,101,832) (517,425) (6,240)
Bond issuance costs- (42,004) -
Gain on exchange of capital assets- - -
Loss on exchange of capital assets- - -
Other127,864 269,596 443,605
Total nonoperating revenue (expenses)(5,519,773) 326,873 908,601
Income (loss) before contributions and transfers3,703,746 10,275,253 3,084,009
Capital grants and contributions11,331,235 - -
Transfers in83,120 291,210 50,510
Transfers out(3,462,051) (2,625,082) (1,305,840)
Changes in net position 11,656,050 7,941,381 1,828,679
Total net position - beginning (restated)170,725,841 68,173,818 28,263,895
Total net position - ending $182,381,891 $76,115,199 $30,092,574
Adjustment to reflect the consolidation of internal service fund activities related to enterprise funds
Change in net position of business-type activities (page 21)
The notes to the financial statements are an integral part of this statement.
34
Governmental
Activities -
StormwaterOtherInternal Service
UtilityFundsTotalFunds
Activities
Funds
467,027 397,852 3,407,016 909,211
(1,186,005) (1,005) (8,812,507) (230,558)
(40,820) - (82,824) -
- - - 275,549
- (4,439,416) (4,439,416) (1,942)
28,435 338,710 1,208,210 159,733
(731,363) (3,703,859) (8,719,521) 1,111,993
825,887 (3,532,262) 14,356,633 1,183,937
2,032,311 226,306 13,589,852 -
25,470 585,000 1,035,310 1,116,508
(870,330) (1,742,522) (10,005,825) (779,840)
2,013,338 (4,463,478) 18,975,970 1,520,605
66,403,584 49,245,976 50,634,992
$68,416,922 $44,782,498 $52,155,597
(148,943)
$18,827,027
35
Water
and SewerGasSolid Waste
UtilityUtilityUtility
CASH FLOWS FROM OPERATING
ACTIVITIES
Cash received from customers$67,006,469 $40,710,384 $19,570,619
Cash received from other funds- - -
Cash payments to suppliers(23,995,073) (21,039,778) (4,830,013)
Cash payments to employees(10,760,283) (5,794,844) (6,418,833)
Cash payments to other funds(9,303,975) (3,553,884) (5,607,585)
Other revenues127,864 269,596 443,605
Net cash provided by operating activities23,075,002 10,591,474 3,157,793
CASH FLOWS FROM NONCAPITAL
FINANCING ACTIVITIES
Transfers from other funds83,120 291,210 50,510
Transfers to other funds(3,462,051) (2,625,082) (1,305,840)
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(3,378,931) (2,333,872) (1,255,330)
CASH FLOWS FROM CAPITAL AND
RELATED FINANCING ACTIVITIES
Principal payments on debt(5,715,885) (5,893,675) (62,249)
Interest paid(8,121,482) (524,612) (5,247)
Acquisition of capital assets(37,712,498) (5,318,178) (100,651)
Sale of capital assets- - -
Proceeds from issuance of debt- 5,165,605 -
Payment of bond issue costs- (42,004) -
Capital contributed by:
Other governmental entities5,247,343 - -
Property owners7,661 - -
Developers1,552,534 - -
Net cash provided (used) by capital
and related financing activities(44,742,327) (6,612,864) (168,147)
CASH FLOWS FROM INVESTING
ACTIVITIES
Investment earnings1,569,338 631,209 487,700
Net cash provided by investing activities1,569,338 631,209 487,700
Net increase (decrease) in cash and cash equivalents (23,476,918) 2,275,947 2,222,016
Cash and cash equivalents at beginning of year 91,134,061 34,199,543 25,657,284
Cash and cash equivalents at end of year $67,657,143 $36,475,490 $27,879,300
Cash and cash equivalents classified as:
Cash and investments $24,684,561 $33,366,274 $26,803,535
Restricted cash and investments 42,972,582 3,109,216 1,075,765
Total cash and cash equivalents $67,657,143 $36,475,490 $27,879,300
The notes to the financial statements are an integral part of this statement.
Enterprise
City of Clearwater, Florida
Statement of Cash Flows
Proprietary Funds
For the Year Ended September 30, 2014
Business-type
36
Governmental
Activities -
StormwaterOtherInternal Service
Utility Funds Total Funds
$16,768,280 $12,958,569 $157,014,321 $-
- - - 47,669,793
(3,297,597) (5,001,735) (58,164,196) (29,797,181)
(3,011,559) (3,604,618) (29,590,137) (9,734,072)
(2,783,432) (2,930,983) (24,179,859) (1,607,981)
28,435 338,710 1,208,210 141,632
7,704,127 1,759,943 46,288,339 6,672,191
25,470 585,000 1,035,310 1,116,508
(870,330) (1,742,522) (10,005,825) (779,840)
- - - 1,099,430
- (958,552) (958,552) (91,654)
(844,860) (2,116,074) (9,929,067) 1,344,444
(6,458,243) (20,412) (18,150,464) (2,853,626)
(1,251,124) (1,005) (9,903,470) (230,558)
(6,274,363) (386,312) (49,792,002) (6,047,524)
- - - 274,225
5,130,349 - 10,295,954 4,201,685
(40,820) - (82,824) -
2,243,738 1,226,864 8,717,945 -
- - 7,661 -
- - 1,552,534 -
(6,650,463) 819,135 (57,354,666) (4,655,798)
486,852 419,232 3,594,331 967,593
486,852 419,232 3,594,331 967,593
695,656 882,236 (17,401,063) 4,328,430
27,263,932 22,625,527 200,880,347 43,360,346
$27,959,588 $23,507,763 $183,479,284 $47,688,776
$24,884,907 $14,207,763$123,947,040$47,688,776
3,074,681 9,300,000 59,532,244 -
$27,959,588 $23,507,763 $183,479,284 $47,688,776
(Continued)
Activities
Funds
37
Water
and SewerGasSolid Waste
UtilityUtilityUtility
Enterprise
City of Clearwater, Florida
Statement of Cash Flows
Proprietary Funds
For the Year Ended September 30, 2014
Business-type
Reconciliation of operating income (loss) to
net cash provided by operating activities:
Operating income (loss)$9,223,519 $9,948,380 $2,175,408
Adjustments to reconcile operating income (loss)
to net cash provided by operating activities:
Other nonoperating revenue127,864 269,596 443,605
Depreciation13,063,269 1,955,404 272,667
Capitalized labor (281,900) (932,815) -
Change in assets and liabilities:
(Increase) decrease in accounts receivable(83,833) (122,921) 75,425
(Increase) decrease in amount due from other governments328,448 - -
(Increase) decrease in inventory(61,027) (810,281) -
(Increase) decrease in prepaid expenses10,359 - 16,594
Increase (decrease) in accounts and contracts payable285,399 118,218 (1,472)
Increase (decrease) in deposits payable71,474 (91,810) (26,787)
Increase (decrease) in unearned revenue- - -
(Increase) decrease in net pension asset80,250 42,979 48,278
Increase (decrease) in accrued payroll78,505 112,948 14,452
Increase (decrease) in other postemployment benefits232,675 101,776 139,623
Total adjustments13,851,483 643,094 982,385
Net cash provided by operating activities$23,075,002 $10,591,474 $3,157,793
The notes to the financial statements are an integral part of this statement.
38
Governmental
Activities -
StormwaterOtherInternal Service
Utility Funds Total Funds
Activities
Funds
$1,557,250 $171,597 $23,076,154 $71,944
28,435 338,710 1,208,210 159,733
2,650,038 1,472,766 19,414,144 5,387,040
- - (1,214,715) -
7,748 35,656 (87,925) 45,931
3,306,720 - 3,635,168 -
- (38,114) (909,422) 34,937
- 10,313 37,266 826,142
69,756 (408,716) 63,185 (123,916)
- 13,316 (33,807) -
- 5,525 5,525 (59,603)
24,053 22,205 217,765 64,345
5,876 44,494 256,275 90,464
54,251 92,191 620,516 175,174
6,146,877 1,588,346 23,212,185 6,600,247
$7,704,127 $1,759,943 $46,288,339 $6,672,191
39
Pension
TrustAgency
Funds Fund
ASSETS
Cash and investments $7,384,316 $945,786
Managed investment accounts, at fair value:
Cash and cash equivalents 28,533,503 -
Government bonds 88,073,620 -
Agency bonds 7,288,265 -
Domestic corporate bonds 91,317,787 -
International equity securities 79,165,516 -
Domestic stocks 397,674,652 -
Mortgage backed bonds 79,791,801 -
Asset backed securities 5,134,542 -
Domestic equity mutual funds 48,248,274 -
International equity mutual funds 44,987,751 -
Real estate 41,799,701 -
Total managed investment accounts 912,015,412 -
Securities lending collateral 202,026,159 -
Receivables:
Interest and dividends 2,499,202 275
Unsettled investment sales 1,660,648 -
Securities lending earnings receivable 25,729 -
Total receivables 4,185,579 275
Total assets 1,125,611,466 946,061
LIABILITIES
Accounts payable 932,589 -
Unsettled investment purchases 17,439,246 -
Obligations under securities lending 202,026,159 -
Other miscellaneous payables:
Downtown Development Board - 90,444
Special purpose funds - 7,833
Other - 847,784
Total miscellaneous payables - 946,061
Total liabilities 220,397,994 946,061
FIDUCIARY NET POSITION
Restricted for pensions 905,213,472 -
Total fiduciary net position $905,213,472 $-
The notes to the financial statements are an integral part of this statement.
City of Clearwater, Florida
Statement of Fiduciary Net Position
Fiduciary Funds
September 30, 2014
40
City of Clearwater, Florida
Statement of Changes in Fiduciary Net Position
Fiduciary Funds
For the Year Ended September 30, 2014
Pension
Trust
Funds
ADDITIONS
Contributions:
Contributions from employer$18,860,463
Contributions from employer - state tax2,095,341
Contributions from employees7,073,440
Total contributions28,029,244
Investment income:
Net appreciation in fair value of investments74,855,582
Interest7,848,210
Dividends9,570,713
92,274,505
Less investment expenses:
Investment management / custodian fees(5,017,903)
Net income from investing activities 87,256,602
Securities lending income:
Gross earnings491,432
Rebate received250,897
Bank fees(243,960)
Net income from securities lending 498,369
Total additions 115,784,215
DEDUCTIONS
Benefits and withdrawal payments:
Benefits39,742,389
Withdrawal payments1,675,419
Total benefits and withdrawal payments41,417,808
Income before administrative expenses74,366,407
Administrative expenses(250,365)
Net increase 74,116,042
Fiduciary net position restricted for pensions
Fiduciary net position - beginning831,097,430
Fiduciary net position - ending$905,213,472
The notes to the financial statements are an integral part of this statement.
41
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
42
Note I – Summary of Significant Accounting Policies
The City of Clearwater was first incorporated in 1915 and reestablished in 1923 as a municipal corporation by Chapter
9710, Special Laws of Florida, 1923, 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 109,340 and is located in the
four-county Tampa-St. Petersburg-Clearwater Metropolitan Statistical Area (MSA), which has an estimated population of
2,889,440.
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. 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.
I.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 and GASB Statement No. 61, 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 and
GASB Statement No. 61, 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) because the City Council serves as the governing board of the CRA, and city management has
operational responsibility for 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, 2014, 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 2014) 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, 2014, are available from the DDB.
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
43
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 primary 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, 2014, FGU has 24 members. Separate
audited financial statements of FGU as of September 30, 2014, are available from FGU.
I.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.
I.B.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 position presents information on all of the assets and liabilities of the City. Net position is defined as
the residual off all other elements presented in a statement of financial position. Net position is the difference between (a)
assets and deferred outflows of resources and (b) liabilities and deferred inflows of resources. Changes in net position
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.
I.B.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.
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
44
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.
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
45
I.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.
I.D. Assets, Liabilities, and Net position or Fund Balance
I.D.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 0.07% at September 30, 2014. 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
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.
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
46
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, 2014, the performance measure weighted
average was 0.68%. The actual pooled cash earnings performance before bank charges was 1.33%.
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.
I.D.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 2.93%. 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 2009 thru 2013), and 100% of the
receivable attributable to fiscal years 2008 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, 2014 was
the same rate that was levied for the four preceding fiscal years.
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
47
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.
I.D.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/expense 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. The cost of prepaid items is recorded as expenditures/expenses when
consumed rather than when purchased.
I.D.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.
I.D.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 $8,813,757.
Interest expense amounts were netted against related project interest earnings of $0, $0, and $0, respectively, to arrive at
net capitalized interest of $880,487, $97,533, and $113,020 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:
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
48
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
I.D.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.
I.D.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 position. 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.
I.D.8. Deferred outflows/inflows of resources
In addition to assets, the statement of financial position will sometimes report a separate section for deferred outflows of
resources. This separate financial statement element, deferred outflows of resources, represents a consumption on net
position that applies to a future period(s) and so will not be recognized as an outflow of resources (expenditure/expense) until
then.
Similarly, in addition to liabilities, the statement of financial position will sometimes report a separate section for deferred
inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of
net position that applies for a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time.
In accordance with GASB Statement No. 63, Financial Reporting of Deferred Outflows of Resources, Deferred Inflows of
Resources, and Net Position, deferred outflows related to deferred amounts on bond refundings are reported in the Water and
Sewer Utility, Gas Utility and Stormwater Utility funds as of September 30, 2014. These amounts represent the difference
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
49
between the reacquisition price and the net carrying amount of the old debt, which is amortized over the remaining life of the
old debt or the life of the new debt, whichever is shorter.
I.D.9. Net position flow assumption
Sometimes the city will fund outlays for a particular purpose from both unrestricted resources and restricted resources, such
as restricted bond or grant proceeds. In order to calculate the amounts to report as restricted net position and unrestricted net
position in the government-wide and proprietary fund financial statements, a flow assumption must be made regarding the
order in which the resources are considered to be applied. It is the city’s policy to consider restricted net position to have
been depleted before unrestricted net position is applied.
I.D.10. Fund balance flow assumption
Sometimes the city will fund outlays for a particular purpose from both restricted and unrestricted resources (the total of
committed, assigned and unassigned fund balance). In order to calculate the amounts to report as restricted, committed,
assigned and unassigned fund balance in the governmental fund financial statements, a flow assumption must be made
regarding the order in which the resources are considered to be applied. It is the city’s policy to consider restricted fund
balance to have been depleted before using any of the components of unrestricted fund balance. Further, when the
components of unrestricted fund balance can be used for the same purpose, committed fund balance is depleted first,
followed by assigned fund balance. Unassigned fund balance is applied last.
I.D.11. 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.
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.
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
50
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, 2014, the City Council has not established a revenue stabilization
reserve.
Note II – Stewardship, Compliance, and Accountability
II.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.
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.
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
51
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
III.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.
Cash and investments as of September 30, 2014 are classified in the accompanying financial statements as follows:
Statement of net assets 09/30/14
Primary Government:
Cash and investments264,448,828$
Restricted cash and investments59,532,244
Fiduciary Funds:
Cash and investments-pension funds7,384,316
Cash and investments-agency fund945,786
Total cash and investments332,311,174$
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
52
Carrying % ofWeighted avgMoody's
Pooled Cash and Investments Amount Portfolio maturity (years)Rating
Cash and cash equivalents:
Cash on hand 34,105$ 0.01%N/A N/A
Money Markets 12,735,823 3.83%N/A N/A
Total cash and cash equivalents 12,769,928
Investments:
Treasuries 4,138,124 1.25%2.30 N/A
U.S. Agencies:
Federal Home Loan Bank (FHLB)78,731,212 23.69%5.89 Aaa
Federal National Mortgage Assn (FNMA)31,389,087 9.45%7.13 Aaa
Federal Farm Credit Bank (FFCB)30,005,024 9.03%1.41 Aaa
Government National Mortgage Assn (GNMA)18,040,463 5.43%1.96 Aaa
Federal Home Loan Mortgage Corp (FHLMC)17,259,253 5.19%3.22 Aaa
Federal Home Loan Mortgage Corp Zeroes 9,543,559 2.87%1.58 Aaa
Other Government Sponsored Agencies 8,814,075 2.65%3.38 Aaa
Federal National Mortgage Assn (FNMA) Zeroes 8,193,725 2.47%7.46 Aaa
Farmer Mac (FAMCA)6,998,332 2.11%1.73 Aaa
Small Business Administration (SBA)5,039,943 1.52%3.20 Aaa
Tennessee Valley Authority (TVA) Zeroes 2,399,767 0.72%5.95 Aaa
Other Government Sponsored Agencies 5,039,774 1.52%0.90 Ba3
Total U.S. Agencies 221,454,214
Municipal bonds 33,988,015 10.23%2.14Aa1/Aa2/Aa3
Municipal bonds 16,539,991 4.98%2.23A1/A2/A3
Municipal bonds 6,165,037 1.86%1.23 NR
Total municipal bonds 56,693,043
Asset Backed Bonds 23,478,808 7.07%3.22 Aaa
Collateralized mortgage obligations 13,777,057 4.15%1.43 Aaa
Total investments 319,541,246
Total pooled cash and investments 332,311,174$ 100.00%
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
53
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 investment policy states that it is
the City’s intent to keep the weighted average maturity to three years or less, except for temporary situations due to market
conditions and/or cash needs when the average maturity may exceed three 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.
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
54
Employees Pension Plan
At year-end, the Employees’ Pension Plan cash and investment balances were as follows:
Carrying% ofWeighted avgS&P
Employees' Pension Plan Cash and Investments Amount Portfolio maturity (years)Rating
Cash and cash equivalents:
Cash and cash equivalents - pooled cash 4,606,551$ 0.52%N/A N/A
Cash in managed investment accounts 27,071,258 3.08%N/AN/A
Total cash and cash equivalents 31,677,809
Investments:
Government bonds 81,713,458 9.31%Aaa
Government bonds 1,734,694 0.20%Aa3
Government bonds 411,998 0.05%A2
Government bonds 155,250 0.02%A3
Government bonds 1,199,609 0.14%Baa1/NR
Index linked treasuries 2,497,281 0.28%28.7 AAA
U.S. agencies 2,830,251 0.32%Aaa
U.S. agencies 207,157 0.02%Aa3
U.S. agencies 772,883 0.09%A3
U.S. agencies 1,419,094 0.16%NR
Domestic corporate bonds 3,107,010 0.35%Aa1/Aa2/Aa3
Domestic corporate bonds 22,179,887 2.53%A1/A2/A3
Domestic corporate bonds 57,097,186 6.50%Baa1/Baa2/Baa3
Domestic corporate bonds 3,884,570 0.44%Ba1/Ba2/Ba3
Domestic corporate bonds 525,938 0.06%B1/B2/B3
Domestic corporate bonds 1,505,782 0.17%NR
Asset backed bonds 1,808,255 0.21%Aaa
Asset backed bonds 41,626 0.00%Baa2
Asset backed bonds 3,284,661 0.37%NR
Domestic stocks 384,000,122 43.74%N/A N/A
International equity securities 78,527,302 8.95%N/AN/A
Mortgage backed bonds 78,072,522 8.89%23.1AGY/Aaa
International equity mutual funds 40,068,560 4.56%N/AN/A
Domestic equity mutual funds 38,204,365 4.35%N/AN/A
Real Estate/Timber 40,952,508 4.66%N/AN/A
Total investments 846,201,969
Total cash and investments 877,879,778$ 100.00%
15.0
4.3
10.5
1.5
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
55
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, 2014, the
Plan had $5,916,290 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
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.
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
56
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 StockEuro 6,636,715 Common StockBangladesh Taka 364,624
Common StockUnited Kingdom UK Pound5,934,768 Common StockCroatia Kuna 344,590
Common StockHong Kong Dollar 4,561,396 Common StockPeru Nuevo Sol 340,583
Common StockJapanese Yen 4,450,756 Common StockMorocco Dirham 332,569
Common StockMexico Pesos 2,632,504 Common StockOman Rial 320,548
Common StockNorwegian Krone 2,563,635 Common StockNigeria N'aira 316,542
Common StockIndia Rupee 2,528,326 Common StockJordan Dinar 300,514
Common StockSouth Korea Won 2,412,127 Common StockPakistan Rupee 300,514
Common StockBrazil Real 2,352,024 Common StockSlovenia Euro 296,507
Common StockSouth Africa Rand 2,335,997 Common StockRomania N'ew Leu 288,494
Common StockChinese Yan Renminibi 2,311,956 Common StockMauritus Rupee 284,487
Common StockTaiwan Dollars 2,271,887 Common StockKazakhstan Tenge 240,411
Common StockRussian Ruble 2,023,462 Common StockBermuda Dollar 236,405
Common StockIndonesia Rupiah 1,306,235 Common StockArgentian Peso 236,405
Common StockSwiss Franc 1,259,564 Common StockSri Lanka Ruppees 128,219
Common StockPoland Zloty 1,254,146 Common StockBaharain Dinar 108,185
Common StockThailand Bath 1,234,112 Common StockPanama Panamian Balboa 108,185
Common StockMalaysia Ringgit 1,170,002 Common StockLebanon Lebanese Pound 100,171
Common StockChile Peso 1,137,947 Common StockTunisain Dinar 84,144
Common StockTurkey Liras 1,069,831 Common StockUkraine Hryvnia 60,103
Common StockSwedish Krona 1,008,558 Common StockBotswana Pula 48,082
Common StockCzeck Rep Koruna 1,002,911 Common StockLuxembourg 36,062
Common StockEgypt Pound 853,460 Common StockGhana Cedi 24,041
Common StockKuwait Dollar 669,145 Common StockBelgium 8,014
Common StockU.A.E. Emirati Dirham 661,131 Common StockEstonia Kroon 8,014
Common StockQatar Rial 645,104 Common StockAustralian Dollar 4,007
Common StockPhillipines Peso 625,070 Common StockBulgaria Lev 4,007
Common StockColombia Peso 568,974 Common StockTOGO Franc 4,007
Common StockSingapore Dollar 498,485
Common StockHungary Forint 496,850 Total 64,202,876$
Common StockCayman Islands 420,720
Common StockKenya Shilling 376,644
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
57
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 equivalents 2,770,355$ 57.37%N/AN/A
Total cash and cash equivalents 2,770,355
Investments:
U.S. agency - Farmer Mac (FAMCA)1,158,203 23.98%5.42Aaa
U.S. agency - Federal Home Loan Bank (FHLB)900,677 18.65%5.63Aaa
Total investments 2,058,880
Total managed cash and investments 4,829,235$ 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.
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
58
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 7,410$ 0.0%N/A N/A
Cash in managed investment accounts 763,271 4.0%N/A N/A
Total cash and cash equivalents 770,681
Investments:
International equity securities 501,779 2.6%N/A N/R
Domestic stocks 10,510,058 55.1%N/A N/R
Domestic equity mutual funds 4,481,798 23.5%N/A N/R
International equity mutual funds 2,810,058 14.7%N/A N/R
Total investments 18,303,693
Total managed cash and investments 19,074,374$ 100.0%
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 Intermediate
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; “BBB” 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
“BBB” 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.
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.
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
59
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 accounts 698,974$ 4.0%N/A N/A
Total cash and cash equivalents 698,974
Investments:
U.S. Treasury obligations 93,486 0.5%29.90 Aaa
Municipal obligations 127,224 0.7%A1/A2/A3
Municipal obligations 55,426 0.3%Aa2/Aa3
Municipal obligations 34,840 0.2%Baa1
Municipal obligations 50,354 0.3%N/R
Domestic corporate bonds 1,150,932 6.5%A1/A2/A3
Domestic corporate bonds 295,655 1.7%Aaa/Aa3
Domestic corporate bonds 51,075 0.3%B1/B2
Domestic corporate bonds 114,248 0.6%Ba2/Ba3
Domestic corporate bonds 1,256,863 7.1%Baa1/Baa2/Baa3
Domestic corporate bonds 43,050 0.2%Caa1
Domestic corporate bonds 105,591 0.6%N/R
International equity securities 136,435 0.8%N/A N/R
Domestic stocks 3,164,472 18.0%N/A N/R
Mortgage backed bonds 1,719,279 9.8%13.2 N/R
Domestic equity mutual funds 5,562,111 31.6%N/A N/R
International equity mutual funds 2,109,133 12.0%N/A N/R
Real estate 847,193 4.8%N/A N/R
Total investments 16,917,367
Total managed cash and investments 17,616,341$ 100.0%
3.30
9.00
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 less than 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% at cost value of the equity portfolio. Investment in equity securities whose market
capitalization is less than $10 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.
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
60
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 market value 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 market value 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).
III.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 $17,974,595 reported on the Governmental Funds balance sheet includes
$17,710,921 of long-term loans receivable that are not expected to be collected within the next fiscal year. Mortgage notes
receivable and the related payment history are reviewed individually on an annual basis to determine collectability for
allowance and bad debt determinations.
Receivables as of year-end for the primary government’s individual major funds, as well as non-major funds and internal
service funds in the aggregate, are as follows:
Receivables, net of applicable allowances for uncollectible accounts (amounts in thousands):
Franchise
Taxes Fees Interest Accounts Notes Other Total
General fund 1,644$ 997$ 118$ 382$ -$ -$ 3,141$
Special Development 52 - 172 - - - 224
Capital Improvement - - 2 - - - 2
Non-major governmental funds - - 64 - 18,184 8 18,256
Internal service funds - - 173 - - 34 207
Total governmental 1,696 997 529 382 18,184 42 21,830
Less: Allowance for uncollectible (436) - - - (209) - (645)
Net governmental receivables 1,260$ 997$ 529$ 382$ 17,975$ 42$ 21,185$
Water and Sewer Utility -$ -$ 295$ 6,198$ -$ 187$ 6,680$
Gas Utility - - 130 2,986 - 146 3,262
Solid Waste Utility - - 99 1,738 - - 1,837
Stormwater Utility - - 97 2,257 - - 2,354
Non-major enterprise funds - - 80 225 - - 305
Total business-type - - 701 13,404 - 333 14,438
Less: Allowance for uncollectible - - - (166) - - (166)
Net business-type receivables -$ -$ 701$ 13,238$ -$ 333$ 14,272$
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
61
III.C. Capital assets
Capital asset activity for the year ended September 30, 2014:
Beginning Transfers / Ending
Governmental Activities:BalanceIncreasesDecreasesReclassificationsBalance
Non-depreciable capital assets:
Land 75,787,871$ 73,300$ -$ 926,000$ 76,787,171$
Construction in progress 13,151,695 10,410,264 (8,129,217) - 15,432,742
Total non-depreciable capital assets 88,939,566 10,483,564 (8,129,217) 926,000 92,219,913
Depreciable capital assets:
Buildings 132,429,671 7,821,607 - 12,569,785 152,821,063
Improvements other than buildings 32,875,096 391,255 - - 33,266,351
Machinery and equipment 79,974,195 6,729,296 (3,127,392) - 83,576,099
Infrastructure 143,267,287 4,375,176 - - 147,642,463
Total depreciable capital assets 388,546,249 19,317,334 (3,127,392) 12,569,785 417,305,976
Less accumulated depreciation for:
Buildings (48,029,245) (4,249,707) - (9,056,369) (61,335,321)
Improvements other than buildings (15,061,410) (1,386,672) - - (16,448,082)
Machinery and equipment (63,180,610) (6,085,849) 3,087,661 - (66,178,798)
Infrastructure (80,618,914) (4,745,816) - - (85,364,730)
Total accumulated depreciation (206,890,179) (16,468,044) 3,087,661 (9,056,369) (229,326,931)
Net depreciable capital assets 181,656,070 2,849,290 (39,731) 3,513,416 187,979,045
Net governmental activities capital assets270,595,636$ 13,332,854$ (8,168,948)$ 4,439,416$ 280,198,958$
Beginning Transfers / Ending
Business-type activities:Balance Increases Decreases Reclassifications Balance
Non-depreciable capital assets:
Land31,435,054$ -$ -$ (926,000)$ 30,509,054$
Construction in progress34,045,596 31,514,554 (19,195,152) - 46,364,998
Total non-depreciable capital assets65,480,650 31,514,554 (19,195,152) (926,000) 76,874,052
Depreciable capital assets:
Buildings26,241,301 - - (12,569,785) 13,671,516
Improvements other than buildings560,855,678 37,174,509 - - 598,030,187
Machinery and equipment10,152,935 534,726 (537,221) - 10,150,440
Total depreciable capital assets597,249,914 37,709,235 (537,221) (12,569,785) 621,852,143
Less accumulated depreciation for:
Buildings(15,387,763) (943,475) - 9,056,369 (7,274,869)
Improvements other than buildings(241,348,725) (17,861,215) - - (259,209,940)
Machinery and equipment(7,651,388) (609,454) 537,221 - (7,723,621)
Total accumulated depreciation(264,387,876) (19,414,144) 537,221 9,056,369 (274,208,430)
Net depreciable capital assets332,862,038 18,295,091 - (3,513,416) 347,643,713
Net business-type activities capital assets398,342,688$ 49,809,645$ (19,195,152)$ (4,439,416)$ 424,517,765$
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
62
Depreciation expense was charged to functions / programs of the primary government as follows:
Governmental activities:
General government690,691$
Public safety 921,211
Physical environment21,565
Transportation, including depreciation of general infrastructure assets4,864,268
Economic environment22,957
Culture and recreation4,560,312
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 activities16,468,044$
5,387,040
Business-type activities:
Water and sewer utility13,063,269$
Gas utility 1,955,404
Solid waste utility272,667
Stormwater utility2,650,038
Recycling utility 89,618
Marine operations108,309
Aviation operations164,272
Parking system operations277,913
Harborview Center operations502,791
Clearwater Harbor Marina operations329,863
Total depreciation expense - business-type activities19,414,144$
Construction commitments
At September 30, 2014, material outstanding construction commitments were as follows:
Construction
Commitments
Project Fund Outstanding
Sanitary Sewer Extensions Water & Sewer Utility enterprise fund4,607,663$
Reverse Osmosis Plant - Reservoir #2 Water & Sewer Utility enterprise fund4,036,670
Street Resurfacing Capital Improvement Fund 3,003,681
WWTP Screw Pump Replacements Water & Sewer Utility enterprise fund1,461,016
Main Fire Station Capital Improvement Fund 1,308,648
Storm Pipe System Improvements Stormwater Utility enterprise fund 1,144,319
Smallwood Circle Drainage Improvements Stormwater Utility enterprise fund 828,786
Countryside Library Renovation Capital Improvement Fund 825,816
Traffic Calming Capital Improvement Fund 811,677
Water Pollution Control Repairs & ReplacementsWater & Sewer Utility enterprise fund 676,050
Reverse Osmosis Plant Expansion - Reservoir #1Water & Sewer Utility enterprise fund 673,158
Edgewood Avenue Sewer Improvements Water & Sewer Utility enterprise fund 582,024
Woodlawn Terrace Floodplain Storage Stormwater Utility enterprise fund 561,522
Total Construction Commitments 20,521,030$
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
63
III.D. Interfund receivables, payables, and transfers
III.D.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, 2014, 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, 2014, the Community Redevelopment Agency fund reported a cash pool deficit of $22,036.
The amounts of the reclassified cash pool deficits, if any, as well as the current portion of other individual fund interfund
payable and receivable balances are classified as Due from/to Other Funds. The long-term portions of other interfund
balances are classified as Advances to/from Other Funds.
Due fromDue toAdvances toAdvances from
Fund Other FundsOther FundsOther FundsOther Funds
Special Revenue Funds:
Special Programs -$ -$ 325,440$ -$
Community Redevelopment Agency - 338,703 - 1,275,440
Debt Service Fund:
Notes and Mortgages - - - -
Capital Project Fund:
Capital Improvement 22,036 4,233,047 - 1,419,501
Enterprise Fund:
Aviation Operations - 20,271 - 20,271
Internal Service Funds:
Administrative Services - 91,654 - 183,307
Central Insurance 4,661,639 - 2,573,079 -
4,683,675$ 4,683,675$ 2,898,519$ 2,898,519$
Descriptions of interfund loans as of September 30, 2014:
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 ($183,307) 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 ($20,271) is classified as an advance.
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
64
An internal loan from the Special Programs special revenue fund to the Community Redevelopment Agency special revenue
fund in the amount of $325,440, approved on September 1, 2011, for the environmental cleanup of the Car Pro site in the
East Gateway area of the downtown. This loan is interest-free and is to be repaid upon the sale of the developed parcel.
Because the first principal payment is not due within one year, this loan is 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 ($950,000) 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 due within one year, this loan is classified as due to/due from other funds.
An internal loan in the amount of $3,432,015 from the Central Insurance Fund to the Capital Improvement Fund for the
construction of a new Fire Station #45. This loan, which commenced on October 4, 2012, provides for interest at the cash
pool rate and payment of principal and interest from infrastructure sales tax (“Penny for Pinellas”) revenues beginning in
fiscal 2013. The current portion of this loan ($670,838) is classified as due to/due from other funds, while the long-term
portion ($1,419,501) is classified as an advance.
III.D.2. Interfund transfers
Interfund transfers for the year ended September 30, 2014 consisted of the following:
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
65
Transfers to General Fund from:
Water & Sewer Utility Enterprise Fund3,404,170$
Gas Utility Enterprise Fund2,625,082
Solid Waste Utility Enterprise Fund1,090,840
Stormwater Utility Enterprise Fund870,330
Nonmajor governmental funds929,056
Nonmajor enterprise funds1,590,765
Internal service funds481,720
Total10,991,963
Transfers to Capital Improvements Fund from:
General Fund2,795,542
Special Development Fund14,097,998
Nonmajor enterprise funds147,441
Nonmajor governmental funds1,030,000
Total18,070,981
Transfer to Water & Sewer Utility Enterprise Fund from:
Internal service funds83,120
Transfer to Gas Utility Enterprise Fund from:
General Fund250,000
Internal service funds41,210
291,210
Transfer to Solid Waste Utility Enterprise Fund from:
Internal service funds50,510
Transfer to Stormwater Utility Enterprise Fund from:
Internal service funds25,470
Transfer to Nonmajor enterprise funds from:
General Fund40,000
Special Development Fund100,000
Capital Improvement Fund205,610
Solid Waste Utility Enterprise Fund215,000
Internal service funds24,390
585,000
Transfers to Nonmajor governmental funds from:
General Fund 1,817,707
Nonmajor governmental funds 3,572,623
Total 5,390,330
Transfers to Internal service funds from:
General Fund 60,000
Capital Improvement Fund 888,634
Water & Sewer Utility Enterprise Fund 57,881
Nonmajor enterprise funds 4,316
Nonmajor governmental funds 32,257
Internal service funds 73,420
Total 1,116,508
Total interfund transfers 36,605,092$
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
66
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 $780 thousand from the
Central Insurance Fund to all operating funds to fund the fiscal year 2014 Cigna contract; a transfer of $925 thousand from
the Gas Fund to the General Fund representing an increase in the computed annual gas dividend payment; a transfer of $241
thousand from the General Fund to the Capital Improvement Fund to fund the Bright House Field Repairs project; a transfer
of $103 thousand from the General Fund to the Capital Improvement Fund to fund the Main Fire Station project; a transfer of
$293 thousand from the General Fund to the Special Programs Fund to fund the Economic Development Incentives program;
a transfer of $250 thousand from the General Fund to the Capital Improvement Fund to fund the Natural Gas Vehicles project;
a transfer of $87 thousand from the General Fund to the Special Programs Fund to fund the Human Trafficking Overtime
program; a transfer of $250 thousand from the General Fund to the Special Programs Fund to fund the Strategic Direction
Action Plan program; a transfer of $925 thousand from the Gas Fund to the General Fund representing an increase in the
computed annual gas dividend payment; a transfer of $38 thousand from the Solid Waste Fund to the General Fund to fund a
Parks Service Technician to staff the Broyhill Beach collection vehicle; a transfer of $38 thousand from the Capital
Improvement Fund to the Gas Fund due to closure of the of the Gas Administrative Vehicle project; a transfer of $500
thousand from the Special Development Fund to the Capital Improvement Fund to fund the Capitol Theatre project; a transfer
of $40 thousand from the General Fund to the Capital Improvement Fund to fund the Airpark Hangar Rehabilitation project; a
transfer of $43 thousand from the Stormwater Fund to the Capital Improvement Fund to fund the Roof Repairs project; to
transfer $100 thousand from the Capital Improvement Fund to the Special Development Fund to decrease funding for the
Intersection Improvements project; a transfer of $828 thousand from the Special Development Fund to the Capital
Improvement Fund to fund the Bicycle Paths/Bridges project; a transfer of $100 thousand from the Special Development Fund
to the Capital Improvement Fund to fund the Airpark Hangar C Rehabilitation project; a transfer of $32 thousand from the
Special Programs Fund to the General Fund due to closure of the Pension Changes program; a transfer of $238 thousand
from the General Fund to reimburse the Stormwater Fund for surplus land; a transfer of $40 thousand from the General Fund
to the Capital Improvements Fund to fund the Countryside Library Renovation project; a transfer of $3 from the Capital
Improvement Fund to the Airpark Fund due to closure of the Airpark Security Improvements project; a transfer of $813
thousand from the Special Development Fund to the Capital Improvement Fund to fund the Countryside Library Renovation
project; and the transfer of $1 million from the Capital Improvement Fund to the Special Development Fund due to closure of
the Capital Theatre project.
III.E. Leases
The City purchases various equipment for governmental and business-type activities under lease purchase financing
agreements. The equipment is purchased with cash and subsequently provided as collateral via a “lease purchase” financing
arrangement, typically for a five-year term. Obligations under these lease purchase agreements are recorded at the present
value of their future minimum lease payments as of date of inception. Purchase of the assets is recorded as a cash outflow
and the subsequent receipt of the financing proceeds is recorded as “proceeds from issuance of debt” for Statement of Cash
Flows reporting.
Capitalized equipment subject to lease purchase financing as of September 30, 2014:
GovernmentalBusiness-type
ActivitiesActivities
Equipment16,075,413$ 935,320$
Less: Accumulated Depreciation(4,218,365) (392,818)
Total11,857,048$ 542,502$
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
67
The future minimum lease payments under capital lease purchase agreements are as follows as of September 30, 2014:
GovernmentalBusiness-type
Year Ending Sept. 30 Activities Activities
2015 3,326,165$ 169,396$
2016 2,702,912 100,930
2017 1,995,087 35,553
2018 1,243,070 -
2019 403,220 -
2020 - -
9,670,454 305,879
Deduction of the amount of imputed interest necessary to
reduce net minimum lease payments to present value
9,259,858$ 296,549$
(410,596) (9,330)
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, 2014, totaled $388,640.
III.F. Long-term debt
III.F.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 be used by the Philadelphia Phillies major league baseball team;
serial bonds due in annual installments of $635,000 due March 1, 2015, to $295,000 due
March 1, 2022, with maximum principal of $845,000 due March 1, 2021; interest at
4.00% to 4.7%; 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. $8,890,000
Total revenue bonds for governmental activities 8,890,000
$8,410,000 Water and Sewer Revenue Refunding Bonds, Series 2003; issued to refund
and redeem on December 1, 2003, all of the City’s Water and Sewer Refunding Revenue
Bonds, Series 1993, maturing after December 1, 2003; serial bonds due in annual
installments of $220,000 at December 1, 2014, to $260,000 due December 1, 2018,
interest at 3.50% to 4.00%. 1,200,000
$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
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
68
$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
$41,700,000 Water and Sewer Revenue Refunding Bonds, Series 2009B; issued to
currently refund and redeem all of the outstanding principal amount of the City’s Water
and Sewer Refunding Revenue Bonds, Series 1998; serial bonds due in annual
installments of $4,215,000 at December 1, 2014 to $5,150,000 due December 1, 2018;
interest at 5.00%. 23,345,000
$47,025,000 Water and Sewer Revenue Refunding Bonds, Series 2011; issued to refund
and redeem on December 1, 2011 the City’s callable Water and Sewer Revenue Bonds,
Series 2002, maturing after December 1, 2011; serial bonds due in annual installments of
$1,450,000 at December 1, 2014, to $2,000,000 due December 1, 2030, interest at
3.00% to 5.00%; 4.50% term bonds in the amount of $6,850,000 due December 1, 2032. 44,250,000
$3,700,000 Gas System Revenue Refunding Bonds, Series 2007; issued 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, 2015, through September 1, 2017; interest at 4.00%.
1,110,000
$7,365,000 Gas System Revenue Refunding Bonds, Series 2013; issued to current
refund the City’s callable Gas System Revenue Refunding Bonds, Series 2004, maturing
after September 1, 2013; term bonds due in annual installments of $365,000 due
September 1, 2015, to $1,520,000 due September 1, 2026; interest rate at 2.41%. 7,015,000
$5,405,000 Gas System Revenue Refunding Bonds, Series 2014; issued to current
refund the City’s callable Gas System Revenue Refunding Bonds, Series 2005, maturing
after September 1, 2014; term bonds due in annual installments of $245,000 due
September 1, 2015, to $2,040,000 due September 1, 2027; interest rate at 2.67%. 5,405,000
$14,430,000 Stormwater System Revenue Bonds, Series 2004; issued to pay the costs
of capital improvements to the City’s stormwater management system; serial bonds due
in annual installments of $405,000 due November 1, 2014, interest at 3.50%. 405,000
$6,925,000 Stormwater System Revenue Refunding Bonds, Series 2005; issued to
advance refund and redeem the Stormwater Revenue Bonds, Series 1999 maturing after
November 1, 2008; serial bonds due in annual installments of $255,000 due November
1, 2014, interest at 3.50%. 255,000
$19,365,000 Stormwater System Revenue Refunding Bonds, Series 2012, issued to pay
and redeem all of the Stormwater Revenue Bonds, Series 2002, currently outstanding;
serial bonds due in annual installments of $665,000 due November 1, 2014, to
$1,350,000 due November 1, 2032, interest at 2.00% to 5.00%. 18,245,000
$11,025,000 Stormwater System Revenue Refunding Bonds, Series 2013; issued to
advance refund the City’s callable Stormwater System Revenue Bonds, Series 2004,
maturing after November 1, 2014; term bonds due in annual installments of $50,000 due 11,010,000
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
69
November 1, 2014, to $780,000 due November 1, 2032; interest at 2.98%.
$5,450,000 Stormwater System Revenue Refunding Bonds, Series 2014; issued to
advance refund the City’s callable Stormwater System Revenue Bonds, Series 2005,
maturing after November 1, 2014; term bonds due in annual installments of $295,000
due November 1, 2015, to $435,000 due November 1, 2029; interest at 2.72%. 5,450,000
Total revenue bonds for business-type activities 211,835,000
Total revenue bonds $220,725,000
III.F.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 2007, Series 2013 and Series 2014 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, Series
2012, Series 2013 and Series 2014 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
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
70
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 2012 Bonds.
Annual debt service requirements to maturity for revenue bonds are as follows:
Year Ending
September 30 PrincipalInterest Principal Interest
2015 635,000$ 438,606$ 8,240,000$ 9,291,043$
2016 660,000 412,376 8,655,000 8,979,212
2017 685,000 380,437 9,010,000 8,609,872
2018 725,000 342,543 9,030,000 8,208,050
2019 760,000 302,634 9,410,000 7,791,365
2020-2024 2,580,000 1,014,856 32,520,000 34,734,311
2025-2029 1,925,000 516,672 41,615,000 27,136,243
2030-2034 920,000 49,988 40,830,000 18,457,792
2035-2039 - - 42,585,000 8,433,206
2040-2044 - - 9,940,000 260,925
Totals 8,890,000$ 3,458,112$ 211,835,000$ 131,902,019$
Business-type ActivitiesGovernmental Activities
III.F.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 $12,348,112. Principal and interest paid for the current year and total revenue received were $1,073,044
and $1,097,468 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.
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
71
$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.
$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. The bonds are payable solely from the Water and Sewer Utility net revenues and are
payable through December 2032.
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 $227,636,165. Principal and interest paid for the current
year and total net revenue were $13,779,321 and $23,868,847, 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 1, 2014. The remaining $10,855,000 principal was
defeased in June 2013.
$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.
The remaining $5,350,000 principal was defeased in August 2014.
$19.4 million in Stormwater Revenue Refunding bonds issued in February 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.
$11.0 million in Stormwater Revenue Refunding bonds issued in June 2013. Proceeds from the bonds provided sufficient
funds to pay and redeem the city’s Stormwater Revenue Bonds, Series 2004, maturing after November 1, 2014. The
bonds are payable solely from the Stormwater Utility net revenues and are payable through November 2032.
$5.4 million in Stormwater Revenue Refunding bonds issued in August 2014. Proceeds from the bonds provided sufficient
funds to pay and redeem the city’s Stormwater Revenue Refunding Bonds, Series, 2005, maturing after November 1,
2014. The bonds are payable solely from the Stormwater Utility net revenues and are payable through November 2029.
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 $46,442,671. Principal and interest paid for the current year
and total net revenue were $2,459,086 and $4,702,750, respectively.
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
72
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:
$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.
$7.4 million in Gas System Revenue Refunding Bonds issued in June 2013. Proceeds from the bonds provided financing
to refund the outstanding principal of the Gas System Revenue Refunding bonds, Series 2004. The bonds are payable
solely from the Gas System Utility net revenues and are payable through September 2026.
$5.4 million in Gas System Revenue Refunding Bonds issued in June 2014. Proceeds from the bonds provided financing
to refund the outstanding principal of the Gas System Revenue Refunding bonds, Series 2005. The bonds are payable
solely from the Gas System Utility net revenues and are payable through September 2027.
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 $16,320,488. Principal and interest paid for the current year
and total net revenue were $1,308,734 and $11,790,021, respectively.
III.F.4. Advance refunding of bonds
On June 28, 2013, the City issued $11,025,000 at par value of Stormwater System Revenue Refunding Bonds, Series 2013,
for the purpose of redeeming on November 1, 2014, $10,855,000 principal of Stormwater System Revenue Bonds, Series
2004, maturing after November 1, 2014. The net proceeds in the amount of $10,978,103 (after payment of $46,897 plus
additional cash of $568,385 from released debt service reserve escrow) were deposited into an irrevocable trust with an
escrow agent to provide for all future debt service payments on the refunded bonds. The refunding transaction resulted in an
aggregate debt service reduction in the amount of $1,951,021 and an economic gain (difference between the present value of
the debt service payments on the old and new debt) of $986,952.
The outstanding principal of the refunded bonds at September 30, 2014 was $10,855,000.
On June 24, 2014, the City issued $5,405,000 at par value of Gas System Revenue Refunding Bonds, Series 2014, to
redeem, effective June 24, 2014, $5,325,000 principal of Gas System Revenue Refunding Bonds, Series 2005, maturing after
September 1, 2014. This refunding transaction resulted in an aggregate debt service reduction of $747,612 and an economic
gain (difference between the present value of the debt service payments on the old and new debt) of $626,543.
There was no outstanding principal on the refunded bonds as of September 30, 2014.
On August 5, 2014, the City issued $5,450,000 at par value of Stormwater System Revenue Refunding Bonds, Series 2014,
for the purpose of redeeming on November 1, 2014, $5,350,000 principal of Stormwater System Revenue Bonds, Series
2005, maturing on or after November 1, 2015. The net proceeds in the amount of $5,463,093 (after the payment of $42,832
plus additional cash of $55,925 from released debt service reserve escrow), were deposited into an irrevocable trust with an
escrow agent to provide for all future debt service payments on the refunded bonds. The refunding transaction resulted in an
aggregate debt service reduction in the amount of $669,286 and an economic gain (difference between the present value of
the debt service payments on the old and new debt) of $548,356.
The outstanding principal of the refunded bonds at September 30, 2014 was $5,350,000.
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
73
III.F. 5. Changes in long-term liabilities
Beginning EndingDue Within
Balance Additions Reductions Balance One Year
Governmental activities:
Revenue bonds payable9,500,000$ -$ (610,000)$ 8,890,000$ 635,000$
Add (subtract) deferred amounts:
For issuance premiums (discounts) 185,856 - (22,996) 162,960
Net revenue bonds payable9,685,856 - (632,996) 9,052,960 635,000
Lease purchase contracts (a)8,248,519 4,201,684 (3,190,347) 9,259,856 3,127,975
Compensated absences (b)7,282,080 4,416,021 (4,334,812) 7,363,289 4,344,605
Other postemployment benefits (c)6,899,205 2,321,587 (846,795) 8,373,997 -
Claims payable (d)10,403,285 1,501,551 (1,659,478) 10,245,358 2,226,973
Governmental activity
Long-term liabilities42,518,945$ 12,440,843$ (10,664,428)$ 44,295,460$ 10,334,553$
Business-type activities:
Revenue bonds payable219,560,000$ 10,855,000$ (18,580,000)$ 211,835,000$ 8,240,000$
Less deferred amounts:
For issuance premiums (discounts) 3,238,910 - (556,983) 2,681,927
On refunding(5,113,129) (565,648) 1,207,764 (4,471,013)
Net revenue bonds payable217,685,781 10,289,352 (17,929,219) 210,045,914 8,240,000
Lease purchase contracts511,845 - (215,296) 296,549 162,981
Compensated absences (b)1,850,096 1,189,181 (1,126,224) 1,913,053 1,128,771
Other postemployment benefits2,821,818 976,803 (356,287) 3,442,334 -
Unearned revenue187,113 - - 187,113 -
Business-type activity
Long-term liabilities223,056,653$ 12,455,336$ (19,627,026)$ 215,884,963$ 9,531,752$
(a) Governmental activities lease purchase contract additions of $4,201,684 includes $4,201,684 attributable to internal
service funds and $0 attributable to governmental funds. The lease purchase contracts reduction of $3,190,347
includes $2,853,626 for internal service funds and $336,721 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.
III.G. Restricted assets
Restricted assets are classified as current or noncurrent on the Statement of Net Position on the basis of the underlying
liabilities payable from the restricted assets.
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
74
III.G.1. Water and Sewer Utility Fund
Assets in the Water and Sewer Utility Fund restricted for construction include:
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, 2014, are:
Cash and Investments $4,640,829
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, 2014:
Water and Sewer Revenue Bonds Debt Service:
Cash and Investments 21,347,670
Water and Sewer Revenue Bonds Renewals and Replacements:
Cash and Investments 13,956,366
Assets of the Water and Sewer Utility Fund representing Customers' Deposits and therefore restricted,
consisting entirely of Cash and Investments at September 30, 2014 3,027,717
Total restricted assets – Water and Sewer Utility Fund $42,972,582
III.G.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, 2014:
Gas System Revenue Bonds
Debt Service:
Cash and Investments $ 111,482
Renewals and Replacements:
Cash and Investments 300,000
Assets of the Gas Utility Fund representing Customers' Deposits at September 30, 2014:
Cash and Investments 2,697,734
Total restricted assets – Gas Utility Fund $ 3,109,216
III.G.3. Solid Waste Utility Fund
Restricted assets in the Solid Waste Utility Fund represent customer deposits in the amount of $1,075,765 at September 30,
2014, and consisted entirely of Cash and Investments.
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
75
III.G.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, 2014:
Stormwater Revenue Bonds – Series 2004
Debt Service: Cash and Investments $ 377,156
Stormwater Revenue Refunding Bonds – Series 2005
Debt Service: Cash and Investments 237,469
Stormwater Revenue Refunding Bonds – Series 2012
Debt Service: Cash and Investments 2,253,907
Stormwater Revenue Refunding Bonds – Series 2013
Debt Service: Cash and Investments 182,541
Stormwater Revenue Refunding Bonds – Series 2014
Debt Service: Cash and Investments 23,608
Total restricted assets – Stormwater Utility Fund $ 3,074,681
III.G.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, 2014:
Equity in Pooled Cash and Investments $ 9,300,000
Total restricted assets – Parking System Fund $ 9,300,000
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
76
III.H. Fund Balances Classification
Special CapitalNon-Major
General DevelopmentImprovementGovernmental
Fund Fund Fund Funds
Non Spendable:
Inventories $33,364 $- $- $-
Restricted for:
General government - - 167,700 133,562
Public safety - - 1,943,704 2,114,872
Physical environment - 18,083 508,694 1,131,098
Transportation - 973,652 12,918,348 -
Economic environment - - - 30,124,332
Human services - - - 490,897
Culture and recreation - 578,656 16,432,750 21,904
Debt service reserve - - - 595,763
Infrastructure capital projects - 273,440 - -
Committed to:
General government - - 4,237,818 428,062
Public safety - - 671,525 2,513,867
Physical environment - - 825,198 -
Transportation - 224,266 6,849,044 -
Economic environment - - - 56,107
Human services - - - 296
Culture and recreation - - 3,388,316 179,466
Assigned to:
General government 204,584 - - 179,189
Public safety 217,429 - - 1,476,821
Physical environment - - - 360,882
Transportation 55,214 - - -
Economic environment 39,320 - - 632,917
Human services - - - 156,718
Culture and recreation 376,855 24,042 - 64,248
Infrastructure capital projects - 3,794,390 - -
Unassigned 23,487,943 - (4,707,430) (1,640,107)
Total Fund Balances$24,414,709 $5,886,529 $43,235,667 $39,020,894
General Fund assigned fund balance ($893,402) relates to encumbrances.
In the Special Development Fund, restricted amounts relate to collections from drainage fees ($18,083), sidewalk fees
($138,257), transportation impact fees ($753,384), local option gas tax ($82,011), recreation impact fees ($578,656) and the
local infrastructure sales tax ($273,440). Restricted amounts relate to the portion of property tax revenues that is set aside in
the budget process to provide funding for road maintenance projects ($224,266). Assigned amounts relate to interest earned
on recreation impact fees ($24,042) and local infrastructure sales tax balances ($3,794,390).
Amounts in the Capital Improvement Fund all relate to funding for various capital projects.
Significant restrictions in the non-major governmental funds include public safety restrictions for law enforcement programs
($2,086,260) and EMS programs ($28,612); and economic environment restrictions for economic development programs
($1,099,673), low income housing ($19,710,375) and community redevelopment ($9,314,284). Funds committed to public
safety are for police vehicles ($210,963), emergency operations ($2,184,981) and law enforcement programs ($117,923).
Assigned amounts relate to interest earned on program balances for general government ($179,189), public safety
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
77
($1,476,821), physical environment ($360,882), economic environment ($368,757), human services ($156,718), and
culture and recreation ($64,248). Additional amounts assigned for economic environment purposes are for low income
housing ($242,288) and community redevelopment ($21,872).
Note IV - Other Information
IV.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 $600,000. The property damage excess
coverage is $500,000 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.
On October 17, 2012, City Council authorized a partial self-insured funding arrangement with Cigna for health insurance
effective for the plan year beginning January 1, 2013. Per this arrangement, the City is self-insured for medical and
pharmacy claims up to $250,000 per person per year. The City has purchased stop loss insurance from Cigna which
covers 50% of individual claims for any amount of the claim between the amounts of $250,000 and $350,000 and covers
100% of individual claims for any amount of the claim exceeding the amount of $350,000 per person per year. In
accordance with the fully insured arrangement between the City and Cigna prior to January 1, 2013, the City has no liability
for health insurance claims incurred prior to this date. The City estimates a liability for health insurance claims incurred but
not yet paid as of September 30, 2014 in the amount of $1,077,358.
The transactions relating to the self-insurance program are accounted for in the Central Insurance Fund, an internal service
fund. The billings by the Central Insurance Fund to the various operating funds (the interfund premiums) are based on
actuarial estimates of the amounts needed to pay prior and current year claims. The claims liability reported at September
30, 2014, is based on the requirements of GASB Statement No. 10, which requires that a liability for claims be reported if
information prior to the issuance of the financial statements indicates that it is probable that a liability has been incurred at
the date of the financial statements and the amount of the loss can be reasonably estimated.
Changes in the claims liability amounts in fiscal years 2013 and 2014 were:
Self
Insurance
Balance at September 30, 20129,423,000$
Current year claims and changes in estimates12,048,442
Claim payments(11,068,157)
Balance at September 30, 201310,403,285
Current year claims and changes in estimates12,280,379
Claim payments(12,438,306)
Balance at September 30, 201410,245,358$
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
78
IV.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.
IV.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.
IV.D. Employee retirement systems and pension plans
IV.D.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.
During the fiscal year ended September 30, 2014 the City implemented GASB Statement No. 67, Financial Reporting for
Pension Plans, for the Employees’ Pension Plan and the Firefighters’ Relief and Pension Plan. The objective of the
Statement is to improve accounting and financial reporting by state and local governmental pension plans that are
administered through trusts. The implementation did not have a material financial impact on the City’s financial statement
during fiscal year 2014; however, the Statement did require additional disclosures in the Notes to the Financial Statements
and the Required Supplementary Information.
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. 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 is authorized by and operates under the provisions of Sections 2.391 through 2.428 of the
Municipal Code of the City of Clearwater. Sections 2.391 through 2.401 apply to those participants who attained a vested
benefit and terminated employment prior to January 1, 2013. Sections 2.410 through 2.428 apply to those participants who
are actively employed by the City of Clearwater as of or after January 1, 2013. Plan provisions have been duly approved as
required by the voters in referendums. There were no changes to either the plan provisions or the actuarial assumptions
during the plan year.
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
79
Management of the Employees’ Pension Plan is vested in the Clearwater City Council, serving as the Pension Trustees.
Plan Membership. As of the most recent actuarial valuation date, January 1, 2014, the membership of the Employees’
Pension Plan was as follows:
Retirees and beneficiaries currently receiving benefits 1,084
Terminated employees entitled to benefits but not yet receiving them 60
Active employees 1,478
Total number of participants 2,622
Benefits Provided. The normal retirement benefit is a monthly benefit equal to 2.75% of average monthly compensation
(2.00% for participants in non-hazardous duty hired on or after January 1, 2013) for the highest five of the final ten years of
service multiplied by the number of years of service to date of retirement. Eligibility for normal retirement occurs upon
completion of 10 years of service and the attainment of age 65, or completion of 20 years of service and the attainment of age
55, or completion of 30 years of service regardless of age, for employees hired before January 1, 2013 who are engaged in
non-hazardous duty. For employees hired on or after January 1, 2013 who are engaged in non-hazardous duty, eligibility for
normal retirement occurs upon completion of 25 years of service and attainment of age 60 or completion of 10 years of
service and attainment of age 65. For those engaged in hazardous duty, eligibility occurs upon completion of 20 years of
service or upon completion of 10 years of service and attainment of age 55. For all hazardous duty participants and non-
hazardous duty participants eligible to retire as of January 1, 2013, the normal monthly benefit is payable for the life of the
participant and will continue, after the participant's death, to be paid at the same amount for 5 years to the surviving spouse;
after 5 years, the survivor annuity is reduced to 50% of the original amount and ceases upon death or remarriage of the
spouse. For non-hazardous duty participants not eligible to retire as of January 1, 2013, the normal benefit is a monthly
annuity paid for the life of the participant. There are several other benefit payment options that are computed to be the
actuarial equivalent of the normal benefit. The plan provides for an annual cost of living increase of up to 1.5% for benefits
accrued prior to January 1, 2013. For non-hazardous duty members, there is a five-year delay until the cost of living increase
is applied to benefits accrued after January 1, 2013, and for hazardous duty members, there is no cost of living increase for
benefits accrued after January 1, 2013. 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. Covered employees in non-
hazardous duty and employees in hazardous duty who are eligible to retire as of January 1, 2013 contribute 8% of their
compensation. Covered employees in hazardous duty who are not eligible to retire as of January 1, 2013 contribute 10% 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.
Contributions. Employer contributions are made in equal installments during the first two quarters of the fiscal year based
upon the actuarially determined percentage of payroll and the actual payroll payable at the time contributions are made. The
minimum required City contribution is 7% of covered payroll. Member contributions are made continuously throughout the
year.
Investment policy. The Employees’ Pension Plan investment policy was adopted by the Pension Trustees on December 13,
2011. The policy requires an annual review by the Pension Investment Committee with a recommendation to the Pension
Trustees to confirm or revise. The following was the Trustees’ adopted asset allocation policy as of September 30, 2014:
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
80
Asset Class Target Allocation
Large Cap Growth 14.00%
Large Cap Value 14.00%
Mid Cap Growth 5.00%
Mid Cap Value 5.00%
Small Cap Growth 2.50%
Small Cap Value 2.50%
International Equity 11.00%
Emerging Markets Equity 7.00%
Long Term Fixed 28.00%
Real Estate 11.00%
100.00%
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.
Concentrations. As of September 30, 2014, the Employees' Pension Plan held no 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.
Rate of Return. For the fiscal year ended September 30, 2014, the annual money-weighted rate of return on investments
of the Employees’ Pension Plan, net of pension plan investment expense, was 10.90%. The money-weighted rate of
return expresses investment performance, net of investment expense, adjusted for the changing amounts actually
invested.
Net Pension Liability. The components of the net pension liability of the City for the Employees’ Pension Plan at
September 30, 2014, were as follows:
Total pension liability 819,598,826$
Plan fiduciary net position 863,589,949
City's net pension liability/(asset)(43,991,123)$
Plan fiduciary net position as a percentage of
the total pension liabiltiy 105.37%
Actuarial Assumptions. The total pension liability was determined by an actuarial valuation as of January 1, 2014
(Valuation Date), using the following actuarial assumptions, applied to September 30, 2014 (Measurement Date):
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
81
Inflation 2.50%
Salary increases3.50% to 7.90% depending on service, including inflation
Investment rate of return7.0%, net of investment expense
Mortality rates were based on the RP-2000 Combined Healthy Participant Mortality Tables for males and females with
future mortality improvements projected from 2000 to all future years by using Scale BB.
The actuarial assumptions used in the January 1, 2014 valuation were based on the results of an experience study of the
5-year period from January 1, 2007 to January 1, 2012. There were no benefit or assumption changes during the year.
Long-term expected rate of return. The long-term expected rate of return on investments of the Employees’ Pension Plan
was determined using a building-block method in which expected future real rates of return (expected returns, net of
pension plan investment expense and inflation) are developed for each major asset class. These real rates of return are
combined to produce the long-term expected rate of return by weighting the expected future real rates of return by the
target asset allocation percentage and by adding expected inflation. For each major asset class that is included in the
pension plan’s target asset allocation as of September 30, 2014, these best estimates are summarized in the following
table:
Long-Term Expected
Asset ClassReal Rate of Return
Large Cap Growth6.63%
Large Cap Value6.58%
Mid Cap Growth8.27%
Mid Cap Value7.55%
Small Cap Growth9.03%
Small Cap Value8.32%
International Equity7.01%
Emerging Markets Equity9.58%
Long Term Fixed2.31%
Real Estate6.58%
Discount rate. A single discount rate of 7.00% was used to measure the total pension liability. The single discount rate
was based on the expected rate of return on pension plan investments of 7.00%. The projection of cash flows used to
determine single discount rate assumed that plan member contributions will be made a t the current contribution rate and
that employer contributions will be made at rates equal to the difference between actuarially determined contribution rates
and the member rate. Based on these assumptions, the pension plan’s fiduciary net position was projected to be available
to make all projected future benefit payments of current plan members. Therefore, the long-term expected rate of return on
pension plan investments was applied to all periods of projected benefit payments to determine the total pension liability.
Sensitivity of the net pension liability to changes in the discount rate. The following presents the Employee Pension Plan’s
net pension liability/(asset), calculated using a single discount rate of 7.00%, as well as what the plan’s net pension
liability/(asset) would be if it were calculated using a single discount rate that is one percent lower or one percent higher.
Current Single
1%Discount Rate 1%
Decrease Assumption Increase
6.00%7.00%8.00%
64,355,751$ (43,991,123)$ (133,054,499)$
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
82
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, 2012, the actuarially assumed investment yield has decreased from 3.5%
to 3.0%.
Management of the Firefighters’ Relief and Pension Plan rests with the Board of Trustees, which consists of the Mayor, the
Fire Chief and three members of the Fire Department, which can be either active or retired members of the Firefighters’
Relief and Pension Plan, as stipulated in Chapter 2008-287, Laws of Florida. If no one is available to stand for election or
to participate in the voting, then members of the Board of Trustees will be appointed by the City Council from membership
of the City Council.
Plan Membership. As of the most recent actuarial valuation date, January 1, 2014, the membership of the Firefighters’
Relief and Pension Plan was as follows:
Firefighter's Relief
and Pension Plan
Retirees and beneficiaries currently receiving benefits27
Terminated employees entitled to benefits but not yet receiving them-
Active employees -
Total number of participants27
Benefits provided. 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.
Contributions. 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.
Investment policy. The Firefighters’ Relief and Pension Plan investment policy was adopted on September 28, 2000. It must
be reviewed annually by the Board of Trustees. The following was the adopted asset allocation policy as of September 30,
2014:
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
83
Asset Class Target Allocation
Domestic Fixed Income 0 - 70%
Pooled Cash 30% - 100%
Concentrations. As of September 30, 2014, the Firefighters’ Relief and Pension Plan held no 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.
Rate of return. For the fiscal year ended September 30, 2014, the annual money-weighted rate of return on investments of
the Firefighters’ Relief and Pension Plan, net of pension plan investment expense, was 3.902 %. The money-weighted rate of
return expresses investment performance, net of investment expense, adjusted for the changing amounts actually invested.
Net Pension Liability. The components of the net pension liability of the City for the Firefighters’ Relief and Pension Plan at
September 30, 2014, were as follows:
Total pension liability 3,797,780$
Plan fiduciary net position 4,860,303
City's net pension liability/(asset)(1,062,523)$
Plan fiduciary net position as a percentage of
the total pension liabiltiy 127.98%
Actuarial Assumptions. The total pension liability was determined by an actuarial valuation as of January 1, 2014
(Valuation Date), using the following actuarial assumptions, applied to September 30, 2014 (Measurement Date):
Inflation 2.00%
Salary increasesN/A
Investment rate of return3.0%, net of investment expense
Mortality rates were based on the 1994 Unisex Mortality Table projected to 2010. There is no projection of mortality
improvement due to the small number of participants and their advanced age.
Long-term expected rate of return. Because the Firefighters’ Relief and Pension Plan is limited to investments in fixed
income securities and pooled cash, the long-term expected rate of return will approximate the discount rate of 3.00%.
Discount rate. A discount rate of 3.00% was used to measure the total pension liability. The discount rate was based on
the actuary’s expectation of future yields and consideration of the City’s projection of future weighted yield based on
current asset holdings.
Sensitivity of the net pension liability to changes in the discount rate. The following presents the Firefighters’ Relief and
Pension Plan’s net pension liability/(asset), calculated using a discount rate of 3.00%, as well as what the plan’s net
pension liability/(asset) would be if it were calculated using a single discount rate that is one percent lower or one percent
higher.
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
84
Current Single
1%Discount Rate1%
DecreaseAssumptionIncrease
2.00%3.00%4.00%
(259,172)$ (495,433)$ (711,848)$
The City’s funding for the pension plans is separate than the accounting for the pension plans as per the discussion regarding
net pension liability. The City receives a separate actuarial valuation report with different actuarial assumptions applied to
determine the annual required contribution for funding purposes in accordance with GASB Statement No. 27, Accounting for
Pensions by State and Local Government Employers.
For the fiscal year ended September 30, 2014, the covered payroll for the Employees' Pension Fund was $75,629,669. The
City's total payroll for the same period was $84,980,020. Annual pension cost and contributions information for the last three
fiscal years for both the Employees’ Pension Plan and the Firefighters’ Relief and Pension Plan follows:
Employees’ Pension Plan
Year Annual Net
EndedPension Employer Percent Pension
Sept 30 Cost (a)Contributions (b)Contributed Asset
2012 18,353,146$ 17,809,019$ 97%6,568,156$
2013 20,421,108$ 20,196,816$ 99%6,343,864$
2014 19,152,008$ 18,199,028$ 95%5,390,884$
(a) The actuarially determined contribution requirements for the City’s fiscal year ended September 30, 2014, are based on
actuarial valuations as of January 1, 2013. 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
2012-$ -$ -
2013-$ -$ -
2014-$ -$ -
The Employees’ Pension Plan net pension asset at September 30, 2014, totaled $5,390,884. It was comprised of the
following components:
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
85
Annual required contributions (ARC) 18,784,874$
Interest on the net pension asset (444,070)
Adjustment to annual contribution 811,204
Annual pension cost 19,152,008
Fiscal 2014 employer contributions 18,199,028
Decrease in net pension asset (952,980)
Net pension asset beginning of year 6,343,864
Net pension asset end of year 5,390,884$
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 $3,748,681 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 $1,642,203
attributable to proprietary funds is reflected in the proprietary fund financial statements on the accrual basis of accounting.
Significant actuarial assumptions utilized in the most recent actuarial valuation date, January 1, 2014 for the Employees’
Pension Plan are as follows:
Employees' Pension Plan
(1) Assumed rate of return on investments of 7.0% per year, compounded annually (net rate after investment
expenses).
(2) Projected salary increases ranging from 3.5% to 7.9% per year, depending on years of service, which is
comprised of merit or seniority increases ranging from 1.0% to 5.4% plus the wage inflation rate of 2.5%.
(3) Mortality based on the RP 2000 Combined Healthy Participant Mortality Table, with a provision for future mortality
improvements per Scale BB after 2000.
(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 a manner consistent with actual observed
experience during the five-year period ending December 31, 2011; rates for females are assumed to be 150%
that for males for hazardous duty disability, and rates are assumed to be the same for males and females for
non-hazardous disability.
Significant actuarial assumptions utilized in the most recent actuarial valuation date, January 1, 2014 for the Firefighters’
Relief and Pension Plan, are as follows:
Firefighters’ Relief and Pension Plan
(1) Assumed rate of return on investments of 3.0%.
(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).
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
86
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 Frozen Entry Age Normal 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, 2014, the most recent actuarial valuation date, the Employees’ Pension Plan was 93.2 percent funded.
The actuarial accrued liability for benefits was $828.5 million, and the actuarial value of assets was $772.4 million, resulting
in an unfunded actuarial accrued liability (UAAL) of $56.1 million. The covered payroll (annual payroll of active employees
covered by the plan) was $74.3 million, and the ratio of the UAAL to the covered payroll was 75.5 percent.
As of January 1, 2014, the most recent actuarial valuation date, the Firefighters’ Relief and Pension Plan was 112.0
percent funded. The actuarial accrued liability for benefits was $4.5 million, and the actuarial value of assets was $5.0
million, resulting in $495 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 are the Schedules of Employer Contributions, which provide similar multiyear trend information
on required employer contributions versus the actual amount contributed.
IV.D.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 $853,205 for the year ended September 30, 2014, 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 4.7% of current
year covered payroll. The fair value of cash and investments at September 30, 2014, totaled $19,066,964.
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
87
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. 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, 2014, the payroll of the covered officers’ was $18,141,618; the City's total payroll for
the same period was $84,980,020.
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.
IV.D. 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 $1,230,136 in the year ended September 30, 2014, 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 9.0% of current year covered payroll. The
fair value of cash and investments at September 30, 2014, totaled $17,616,341.
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
2.455 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. 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, 2014, the covered payroll was $13,735,523; the City's total payroll for the same
period was $84,980,020.
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
88
IV.D.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 Position:Defined Benefit Defined Contribution
Pension Trust Funds Pension Trust Funds
PoliceFirefighters
Employees'Firefighters'SupplementalSupplemental
ASSETS
Cash and investments $4,606,551 $2,770,355 $7,410 $-
Managed investment accounts, at fair value:
Cash and cash equivalents 27,071,258 - 763,271 698,974
Government bonds 87,712,290 - - 361,330
Agency bonds 5,229,385 2,058,880 - -
Domestic corporate bonds 88,300,373 - - 3,017,414
International equity securities 78,527,302 - 501,779 136,435
Domestic stocks 384,000,122 - 10,510,058 3,164,472
Mortgage backed bonds 78,072,522 - - 1,719,279
Asset backed securities 5,134,542 - - -
Domestic equity mutual funds 38,204,365 - 4,481,798 5,562,111
International equity mutual fund 40,068,560 - 2,810,058 2,109,133
Real estate 40,952,508 - - 847,193
Total managed investment accounts 873,273,227 2,058,880 19,066,964 17,616,341
Securities lending collateral 202,026,159 - - -
Receivables:
Interest and dividends 2,395,629 31,068 12,501 60,004
Unsettled investment sales 1,660,648 - - -
Securities lending earnings 25,729 - - -
Due from others - - - -
Total receivables 4,082,006 31,068 12,501 60,004
Total assets 1,083,987,943 4,860,303 19,086,875 17,676,345
LIABILITIES
Accounts payable 932,589 - - -
Unsettled investment purchases 17,439,246 - - -
Obligations under securities lending 202,026,159 - - -
Total liabilities 220,397,994 - - -
FIDUCIARY NET POSITION
Net position restricted for pension benefits $863,589,949 $4,860,303 $19,086,875 $17,676,345
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
89
Statement of Changes in Fiduciary Net Position:Defined Benefit Defined Contribution
Pension Trust Funds Pension Trust Funds
Police Firefighters
Employees'Firefighters'SupplementalSupplemental
ADDITIONS
Contributions:
Contributions from employer $18,860,463 $- $- $-
Contributions from employer - state tax 12,000 - 853,205 1,230,136
Contributions from employees 7,073,440 - - -
Total contributions 25,945,903 - 853,205 1,230,136
Investment income (loss):
Net appreciation in fair value
of investments 70,978,902 59,294 1,954,798 1,862,588
Interest 7,449,794 110,333 40,883 247,200
Dividends 8,761,464 - 241,630 567,619
87,190,160 169,627 2,237,311 2,677,407
Less investment expenses:
Investment management / custodian fees 4,856,380 - 96,356 65,167
Net income from investing activities 82,333,780 169,627 2,140,955 2,612,240
Securities lending income:
Gross earnings 491,432 - - -
Rebate received 250,897 - - -
Bank fees (243,960) - - -
Net income from securities lending 498,369 - - -
Total additions 108,778,052 169,627 2,994,160 3,842,376
DEDUCTIONS
Benefits and withdrawal payments:
Benefits 37,118,458 525,760 938,149 1,160,022
Withdrawal payments 1,675,419 - - -
Total benefits and withdrawal payments 38,793,877 525,760 938,149 1,160,022
Income (loss) before administrative expenses 69,984,175 (356,133) 2,056,011 2,682,354
Administrative expenses 175,212 5,808 13,089 56,256
Net increase (decrease)69,808,963 (361,941) 2,042,922 2,626,098
Fiduciary net position restricted for pensions
Fiduciary net position - beginning 793,780,986 5,222,244 17,043,953 15,050,247
Fiduciary net position - ending $863,589,949 $4,860,303 $19,086,875 $17,676,345
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
90
IV.D.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 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.
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, 2014 was $84,980,020. The Plan members’ payroll for the
same period totaled $4,234,195. The City’s contribution, per the above contribution rates, totaled $356,558. The assets,
reported at fair value based on quoted market prices, totaled $6,808,832 at September 30, 2014.
IV.D.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 GASB
Statement No. 32.
IV.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, 2014, the estimated retiree contributions for
health insurance premiums totaled $1,402,717. 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, 2014, the City estimated it subsidized $1,185,082
of health care costs for retirees and their covered dependents, and $18,000 of life insurance benefits for retirees.
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
91
Annual OPEB Cost and Net OPEB Obligation – The City’s annual OPEB cost (expense) is calculated based on the annual
required contribution of the employer (ARC), an amount actuarially determined in accordance with parameters of GASB
Statement 45. The ARC represents a level of funding that, if paid on an ongoing basis, is projected to cover normal cost
each year and to amortize unfunded liabilities of the plan over a period not to exceed thirty years.
The following table shows the components of the City’s annual OPEB cost for the year, the amount actually contributed to
the plan, and changes in the City’s net OPEB obligation to the Plan, including both the implicit rate subsidy for health
insurance and the term life insurance benefit:
Annual required contribution 3,314,592$
Interest on net OPEB obligation 388,841
Adjustment to annual required contribution (405,043)
Annual OPEB cost (expense)3,298,390
Contributions made (1,203,082)
Increase in net OPEB obligation 2,095,308
Net OPEB obligation - beginning of year 9,721,023
Net OPEB obligation - end of year 11,816,331$
The actuarially determined contribution requirements for the City’s fiscal year ended September 30, 2014, are based on an
actuarial valuation as of January 1, 2014.
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 required contribution, the employer contributions made to the plan, and the percentage of the annual
required contribution that was contributed for the fiscal year ending September 30, 2014, are presented below.
As of September 30, 2014, the accrued liability for benefits was $34,091,536, all of which was unfunded. The covered
payroll (annual payroll of active employees covered by the plan) was $70.6 million and the ratio of the unfunded actuarial
liability (UAL) to covered payroll was 48.3%.
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.
Percentage of
Fiscal YearAnnualAnnual OPEBNet OPEB
EndedOPEB CostCosts ContributedObligaton
9/30/2012$2,644,43844.18%$8,078,646
9/30/2013$2,935,22644.05%$9,721,023
9/30/2014$3,298,39036.47%$11,816,331
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
92
For the September 30, 2014 report, 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 24-
year, closed level percent of expected payroll amortization method. The actuarial assumptions included a 4.0% investment
rate of return and projected salary increases of 3.5% to 7.9%, which reflects the general wage inflation assumption of 2.5%
in addition to merit and seniority increases of 1.0% to 5.4%. The rates for salary increases, rates of disability, rates of
termination and rates of retirement are the same as used by the Pension Plan Actuary.
The actuarial valuation of the Plan as of January 1, 2014, reflected changes in actuarial assumptions and methods from
the previous valuation as of January 1, 2012 as follows: the Health Care Cost Trend Rate decreased from 8.5% in 2012 to
8.0% in 2014, with planned decreases of ½% each subsequent year so that it is projected to reach the ultimate goal of 5%
in 2021 rather than 2019. There were no changes to the Investment Discount Rate, Mortality Tables or Medicare Benefits.
IV.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, 2014 was 27 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, 2014, 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 27 days as of September 30, 2014. 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 2014.
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. Equity 129,500,024$ 133,333,947$ -$ -$
U.S. Corporate Fixed 7,093,136 7,295,797 - -
U.S. Government Fixed 58,635,488 60,043,473 - -
U.S. Agencies 699,647 716,204 - -
Global Equities 608,414 636,738 - -
Total 196,536,709$ 202,026,159$ -$ -$
Securities Collateralized by Cash Securities Collateralized by Non-Cash
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
93
On the statement of fiduciary net position, a securities lending asset of $202,026,159 was reported that represents the fair
value of the investments made with cash collateral at September 30, 2014. In addition, a securities lending obligation of
$202,026,159 was reported that represents the collateral that the City is required to maintain to cover the fair value of the
loaned securities.
IV.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, 2013, accruals totaled $712,606 consisting of $43,650 for asbestos removal at
one downtown site, $87,705 for soil assessment and removal of hydraulic lifts at various parcels which comprise the
Prospect Lake Park site, $5,092 in the Airpark Fund (a non-major proprietary fund) for contamination cleanup from a fuel
spill, $345,129 for three Parks and Recreation sites which were former landfill areas, and $231,030 for assessment and
remediation at the Gas Plant site (see the Soil and groundwater contamination site note below).
During fiscal year 2014 net additions to estimates and contractual commitments totaled $2,324 with payments totaling
$236,427. At September 30, 2014, accruals totaled $478,503 consisting of $7,859 for removal of hydraulic lifts at various
parcels which comprise the Prospect Lake Park site, $6,250 in the Airpark Fund (a non-major proprietary fund) for
contamination cleanup from a fuel spill, $238,493 for the Harbor Drive Fill Area site which was a former landfill area, and
$225,901 for assessment and remediation at the Gas Plant site.
In addition to the above sites for which accruals exist, the City has 17 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
seven 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.
On November 19, 2013, the FDEP approved the certification of closure construction completion of the former fill area at
Philip Jones Field. However, this site remains on the list as it includes the Harbor Drive Fill Area for which assessment and
remedial planning remain.
On August 12, 2013 City Council approved a Declaration of Restrictive Covenant over the Solid Waste Fueling Site at 1701
North Hercules Avenue in order to ensure that contaminated soils at this location will be confined by impermeable
materials in perpetuity. On April 3, 2014 the FDEP issued a Conditional Site Rehabilitation Completion Order, which
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
94
releases the City from further obligation to conduct site rehabilitation associated with this discharge event except as set
forth in the Declaration of Restrictive Covenant, which has been recorded with the deed for this property. Therefore, this
site has been removed from the list.
On May 6, 2014, the FDEP issued a No Further Assessment Proposal for the Bright House Networks Field site at 601
North Old Coachman Road and has closed its files on this case, so this site has been removed from the list.
On October 30, 2014, the Prospect Lake Park site was sold to Prospect Park Development, LLC. Construction began on
257 market-rate apartments in early 2015. The 6.85 acre site, adjacent to Prospect Lake Park, is located at the eastern
end of the Cleveland Street business district.
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.
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
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
95
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 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 6 years at an estimated cost of $600,000.
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
$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, 2014, the City spent $1,236,491 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, 2013, the rate, which is set by the Pinellas County Board of
County Commissioners (BOCC), was $3.7074 per 1,000 gallons. The rate effective October 1, 2014 is $3.8557 per 1,000
gallons. The cost of water purchased from the County during fiscal years 2013 and 2014 was $7,270,932 and $10,009,342
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.
Contractual Commitment – Clearwater Marine Aquarium
In a special election held on November 5, 2013, Clearwater voters approved a referendum to amend the Clearwater City
Charter which will allow the City to negotiate and enter into a lease with the Clearwater Marine Aquarium, Inc. (CMA) for the
construction, operation and maintenance of an aquarium for an initial term of 60 years on City owned property which includes
the current Clearwater City Hall. If the CMA abandons the project or fails to meet material obligations under the lease, or if
the City Council does not approve a lease on or before June 15, 2015, the exemptions created by the charter amendment will
expire and have no further force or effect.
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
City of Clearwater, Florida
Notes to the Basic Financial Statements
For the Year Ended September 30, 2014
96
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, 2014, the amount of encumbrances expected to be
honored upon performance by the vendor in the coming year were:
IV.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.
IV.I. Conduit debt
The City has one issue of conduit debt outstanding as follows:
OriginalAmountAmount
IssueOutstandingOutstanding
Description / Purpose Amountat 9/30/13at 9/30/14
Drew Gardens Refunding Bonds / residential rental facility3,425,000$ 2,175,000$ 2,060,000$
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.
IV.J. Restatement of Prior Year Net Position
GASB Statement No. 65, Items Previously Recorded as Assets and Liabilities, recognizes debt issuance costs as an
expense in the period incurred. Therefore, implementation of this statement resulted in an increase to the cost of issuance
expense and a decrease to the unamortized bond issuance cost for the fiscal year ended September 30, 2013. The prior
period restatement for the fiscal year ended September 30, 2013 decreased both the net position and the unamortized
bond issuance costs by $1,366,119, $151,102 and $319,394 in the Water and Sewer Utility, Gas Utility and Stormwater
Utility funds, respectively.
IV.K. Subsequent Event
On December 9, 2014, the City issued $27,520,000 at par value of Water & Sewer Revenue Refunding Bonds, Series 2014,
for the purpose of redeeming on December 1, 2015, $26,430,000 principal of Water & Sewer Revenue Bonds, Series 2006,
maturing on or after December 1, 2019. The net proceeds in the amount of $27,590,897 (after payment of $77,481 plus
additional cash of $148,378 from released debt service reserve escrow), were deposited into an irrevocable trust with an
escrow agent to provide for all future debt service payments on the refunded bonds. The refunding transaction resulted in an
aggregate debt service reduction in the amount of $3,162,339 and an economic gain (difference between the present value of
the debt service payments on the old and new debt) of $2,242,720. The outstanding principal of the refunded bonds at
September 30, 2014 was $26,430,000.
General fund 893,402$
Capital Improvement fund 13,194,810
Nonmajor governmental funds 333,743
14,421,955$
Page 1 of 9
ActuarialActuarialActuarialUnfunded AAL
ValuationValue ofAccrued LiabilityUnfundedFundedCoveredas a Percentage
DateAssets(AAL) - Entry AgeAALRatioPayroll *of Covered Payroll
(a)(b)(b-a)(a/b)(c)((b-a) /c)
1/1/2009536,834,473$ 557,515,503$ 20,681,030$ 96.3%82,104,837$ 25.2%
1/1/2010618,444,906$ 638,109,349$ 19,664,443$ 96.9%80,443,199$ 24.4%
1/1/2011646,956,800$ 665,701,475$ 18,744,675$ 97.2%76,505,599$ 24.5%
1/1/2012664,087,199$ 681,871,531$ 17,784,332$ 97.4%74,765,020$ 23.8%
1/1/2013688,731,221$ 746,701,092$ 57,969,871$ 92.2%74,422,344$ 77.9%
1/1/2014772,411,068$ 828,489,285$ 56,078,217$ 93.2%74,254,159$ 75.5%
ActuarialActuarialActuarialUnfunded AAL
ValuationValue ofAccrued LiabilityUnfundedFundedCoveredas a Percentage
DateAssets(AAL) - Entry AgeAALRatioPayroll *of Covered Payroll
(a)(b)(b-a)(a/b)(c)((b-a) /c)
1/1/20067,445,172$ 8,773,238$ 1,328,066$ 84.9%-$ n/a
1/1/20078,375,505$ 8,320,672$ (54,833)$ 100.7%-$ n/a
1/1/20088,063,338$ 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
1/1/2014**5,008,891$ 4,513,458$ (495,433)$ 111.0%-$ n/a
* Covered payroll is for the calendar year period used for the actuarial valuation.
**Effective1/1/2008thefullyfundedFirefighters'ReliefandPensionPlanhasoptedforbiennialactuarial
valuations. Consequently there was no valuation performed on 1/1/2009, 1/1/2011 and 1/1/2013.
City of Clearwater, Florida
Defined Benefit Pension Plans
Required Supplementary Information - Unaudited
Employees Pension Plan
Firefighters' Relief and Pension Plan
GASB Statement No. 27, Accounting for Pensions by State and Local Government Employers
Schedules of Funding Progress
97
Page 2 of 9
Year Annual (a)
Ended Required Percent
Sept. 30,Contribution Contributed
2009 8,451,471$ 122.1%
2010 22,150,490$ 71.7%(b)
2011 18,332,319$ 95.1%(b)
2012 18,014,403$ 98.9%(b)
2013 20,098,781$ 100.5%
2014 18,784,875$ 96.9%(b)
Year Annual
Ended Required Percent
Sept. 30,Contribution Contributed
2009 -$ n/a
2010 -$ n/a
2011 -$ n/a
2012 -$ n/a
2013 -$ n/a
2014 -$ n/a
(a)EffectivewiththefiscalyearendedSeptember30,2007,theFirefighters'ReliefandPensionPlan,withno
remainingactivemembers(onlyretirees),wasfullyfundedpertherequirementsofthegoverningOrdinance.The
City may elect to contribute should future valuations show an actuarial need for such.
(a)TheactuariallydeterminedcontributionrequirementsfortheCity'sfiscalyearendedSeptember30,
2014arebasedonactuarialvaluationsasofJanuary1,2013SincetheCity'scontributionsaremade
duringitsfiscalyear,whichcommencesninemonthsafterthedateoftheactuarialvaluations,theCity,
withapprovalofStateregulatoryauthorities,isfollowingthepracticeofaddinginteresttoitsrequired
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
GASB Statement No. 27, Accounting for Pensions by State and Local Government Employers
Schedules of Employer Contributions
(b)Theactualcontributionislessthantheannualrequiredcontributionduetoa"drawdown"ofthenetpension
asset.
98
99
Page 3 of 9
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 were 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, 2014,
are based on an actuarial valuation as of January 1, 2013. 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, 2013, in the determination of the annual required
contribution for the fiscal year ended September 30, 2014, are as follows:
Employees' Pension Plan
(1) Assumed rate of return on investments of 7.0% per year, compounded annually (net rate after investment expenses).
(2) Projected salary increases ranging from 3.5% to 7.9% per year, depending on years of service, comprised of merit or seniority
increases ranging from 1.0% to 5.4% plus the wage inflation rate of 2.5%.
(3) Mortality based on the RP 2000 Combined Healthy Participant Mortality Table, with a provision for future mortality improvements
per Scale BB after 2000.
(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 a manner consistent with actual observed experience during the
five-year period ending December 31, 2011; rates for females are assumed to be 150% that for males for hazardous duty
disability, and rates are assumed to be the same for males and females for non-hazardous disability.
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 3.50%, compounded annually (net rate after investment expense).
(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).
Significant changes affecting the presented 6-year trend information include:
The actuarial valuation of the Employees’ Pension Plan as of January 1, 2013, reflected changes in actuarial assumptions as follows: The
expected investment return assumption was lowered from 7.5% per annum gross before investment expenses to 7.0% per annum net of
investment expenses; the future salary increase assumption was updated from a flat 3% cost of living plus 3% merit or seniority increase
to a 2.5% cost of living plus a merit/seniority increase reflecting higher salary increases for shorter service members and lower salary
increases for longer service members; the mortality assumption was updated from the RP 2000 Combined Healthy Mortality Table to
include future mortality improvements using Schedule BB after 2000, making the table a fully generational mortality table; the pre-
retirement withdrawals assumption was updated to reflect generally lower observed withdrawal experience than expected and to reflect
observed differences in withdrawal experience between male and female non-hazardous duty members; the pre-retirement disability
assumption was updated to reflect higher observed disability experience than expected for hazardous duty members and lower observed
disability experience than expected for non-hazardous duty members; and the wage inflation assumption was decreased from 3% to
2.5%. The impact of these changes increased the unfunded actuarial accrued liability (UAAL) in the amount of $66,092,975. Plan
changes that occurred at the same time reduced the UAAL in the amount of $24,560,965, resulting in a net increase of $41,532,010.
The actuarial valuation of the Firefighters’ Relief and Pension Plan as of January 1, 2012 reflected a reduction in the investment yield
assumption from 4.5% to 3.5%.
Page 4 of 9
2014
Total Pension Liability
Service Cost$14,670,375
Interest on the Total Pension Liability55,622,257
Benefit Changes -
Difference between Expected and Actual Experience(11,230,163)
Assumption Changes -
Benefit Payments (37,118,458)
Refunds (1,675,419)
Net Change in Total Pension Liability 20,268,592
Total Pension Liability - Beginning 799,330,234
Total Pension Liability - Ending (a)$819,598,826
Plan Fiduciary Net Position
Contributions - Employer18,860,463
Contributions - Non-Employer Contributing Entity12,000
Contributions - Employee7,073,440
Net Investment Income82,832,150
Benefit Payments (37,118,458)
Refunds (1,675,419)
Administrative Expense(175,213)
Other -
Net Change in Plan Fiduciary Net Position 69,808,963
Plan Fiduciary Net Position - Beginning 793,780,986
Plan Fiduciary Net Position - Ending (b)$863,589,949
Net Pension Liability/(Asset) - Beginning 5,549,248
Net Pension Liability/(Asset) - Ending (a) - (b)(43,991,123)
Plan Fiduciary Net Position as a Percentage of
Total Pension Liability 105.37%
Covered Employee Payroll 75,629,669
Net Pension Liability as a Percentage of
Covered Employee Payroll -58.17%
Notes to Schedule:
N/A
Employees' Pension Plan
Schedule of Changes in Net Pension Liability and Related Ratios
City of Clearwater, Florida
Defined Benefit Pension Plans
Required Supplementary Information - Unaudited
Trendinformationgivesanindicationoftheprogressmadeinaccumulatingsufficientassetstopay
benefitswhendue.TenyeartrendinformationasrequiredbyGASBStatementNo.67,Financial
Reporting for Pension Plans, will be presented as it becomes available by the plans.
GASB Statement No. 67 Financial Reporting for Pension Plans
100
Page 5 of 9
2014
Total Pension Liability
Service Cost$-
Interest on the Total Pension Liability-
Benefit Changes -
Difference between Expected and Actual Experience(333,356)
Assumption Changes -
Benefit Payments (382,322)
Refunds -
Net Change in Total Pension Liability (715,678)
Total Pension Liability - Beginning 4,513,458
Total Pension Liability - Ending (a)$3,797,780
Plan Fiduciary Net Position
Contributions - Employer -
Contributions - Non-Employer Contributing Entity-
Contributions - Employee -
Net Investment Income239,542
Benefit Payments -
Refunds (382,322)
Administrative Expense (5,808)
Other -
Net Change in Plan Fiduciary Net Position (148,588)
Plan Fiduciary Net Position - Beginning 5,008,891
Plan Fiduciary Net Position - Ending (b)$4,860,303
Net Pension Liability/(Asset) - Beginning -
Net Pension Liability/(Asset) - Ending (a) - (b)(1,062,523)
Plan Fiduciary Net Position as a Percentage of
Total Pension Liability 127.98%
Covered Employee Payroll N/A
Net Pension Liability as a Percentage of
Covered Employee Payroll N/A
Notes to Schedule:
N/A
Firefighters' Relief and Pension Plan
Schedule of Changes in Net Pension Liability and Related Ratios
City of Clearwater, Florida
Defined Benefit Pension Plans
Required Supplementary Information - Unaudited
Trendinformationgivesanindicationoftheprogressmadeinaccumulatingsufficientassetstopay
benefitswhendue.TenyeartrendinformationasrequiredbyGASBStatementNo.67,Financial
Reporting for Pension Plans, will be presented as it becomes available by the plans.
GASB Statement No. 67 Financial Reporting for Pension Plans
101
Page 6 of 9
Actuarially Contribution Actual Contribution
FY EndingDeterminedActualDeficiency Covered as a % of
September 30ContributionContribution(Excess)PayrollCovered Payroll
201419,608,078$ 18,872,463$ *735,615$ 75,629,669$ 24.95%
Valuation Date:January 1, 2014
Measurement Date:September 30, 2014
Notes:
Methods and Assumptions Used to Determine Contribution Rates:
Actuarial Cost Method Frozen Entry Age
Amortization Method Level Dollar, Closed
Remaining Amortization Period17 years
Asset Valuation Method 5-year smoothed market; 20% corridor
Inflation 2.50%
Salary Increases 3.50% to 7.90% depending on service; including inflation
Investment Rate of Return7.00%
Retirement Age
Mortality
Other Information:
Notes
City of Clearwater, Florida
Defined Benefit Pension Plans
Required Supplementary Information - Unaudited
TenyeartrendinformationasrequiredbyGASBStatementNo.67,FinancialReportingforPensionPlans,will
be presented as it becomes available by the plans.
GASB Statement No. 67 Financial Reporting for Pension Plans
Experience-basedtableofratesthatarespecifictotheemployment
classification and type of eligibility condition
RP-2000CombinedHealthyParticipantMortalityTablesformalesand
femaleswithfuturemortalityimprovementsprojectedfrom2000toallfuture
years by using Scale BB.
Therewerenobenefitorassumptionchangesduringtheyear.Theabove
assumptionswerelastupdatedfortheJanuary1,2013valuationpursuantto
anexperiencestudyofthe5-yearperiodfromJanuary1,2007through
January 1, 2012.
Schedule of Contributions
Employees' Pension Plan
*Aportionoftheplan'screditbalancewasappliedtomeettheremainderoftheactuariallydetermined
contribution for the fiscal year ending September 30, 2014.
Notes to Schedule of Contributions
ActuariallydeterminedcontributionsarecalculatedasofJanuary1,whichis
ninemonthspriortothebeginningofthefiscalyearinwhichcontributionsare
reported.
102
Page 7 of 9
Actuarially Contribution Actual Contribution
FY EndingDeterminedActualDeficiency Covered as a % of
September 30ContributionContribution(Excess)PayrollCovered Payroll
2014 -$ -$ -$ -$ 0.00%
EffectivewiththefiscalyearendedSeptember30,2007,theFirefighters'ReliefandPensionPlan,withno
remainingactivemembers(onlyretirees),wasfullyfundedpertherequirementsofthegoverningOrdinance.
The City may elect to contribute should future valuations show an actuarial need for such.
Schedule of Contributions
Firefighters' Relief and Pension Plan
Notes to Schedule of Contributions
City of Clearwater, Florida
Defined Benefit Pension Plans
Required Supplementary Information - Unaudited
TenyeartrendinformationasrequiredbyGASBStatementNo.67,FinancialReportingforPensionPlans,will
be presented as it becomes available by the plans.
GASB Statement No. 67 Financial Reporting for Pension Plans
103
Page 8 of 9
2014
Annual money-weighted rate of return, net of
investment expense 10.90%
Schedule of Investment Returns
Employees' Pension Plan
City of Clearwater, Florida
Defined Benefit Pension Plans
Required Supplementary Information - Unaudited
TenyeartrendinformationasrequiredbyGASBStatementNo.67,FinancialReportingforPension
Plans, will be presented as it becomes available by the plans.
GASB Statement No. 67 Financial Reporting for Pension Plans
104
Page 9 of 9
2014
Annual money-weighted rate of return, net of
investment expense 3.902%
Schedule of Investment Returns
Firefighters' Relief and Pension Plan
City of Clearwater, Florida
Defined Benefit Pension Plans
Required Supplementary Information - Unaudited
TenyeartrendinformationasrequiredbyGASBStatementNo.67,FinancialReportingforPension
Plans, will be presented as it becomes available by the plans.
GASB Statement No. 67 Financial Reporting for Pension Plans
105
Page 1 of 1
Schedule of Employer Contributions:
Fiscal Annual Percentage
Year Required Estimated of ARC
Ending ContributionContributions (1)Contributed
September 30, 2008 2,415,000$ 618,900$ 25.63%
September 30, 2009 2,657,200$ 642,600$ 24.18%
September 30, 2010 2,676,849$ 1,226,290$ 45.81%
September 30, 2011 2,591,067$ 1,267,980$ 48.94%
September 30, 2012 2,634,280$ 1,168,342$ 44.35%
September 30, 2013 2,922,797$ 1,292,849$ 44.23%
September 30, 2014 3,314,592$ 1,203,082$ 36.30%
(1) Since there is no funding, these are the estimated benefit payments.
Schedule of Funding Progress:
ActuarialActuarial Accrued Unfunded AAL
Value ofLiability (AAL) -UnfundedFundedCoveredas a Percentage
Actuarial Valuation AssetsProjected Unit CreditAAL RatioPayroll of Covered Payroll
Date (Biannual)(a)(b)(b-a)(a/b)(c)((b-a) /c)
October 1, 2007(1)-$ 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%
January 1, 2014 -$ 34,091,536$ 34,091,536$ 0.00%70,649,261$ 48.25%
(1) Initial year of plan dislosure.
City of Clearwater, Florida
Other Post-Employment Benefits
Required Supplementary Information - Unaudited
Significantchangesaffectingthepresentedtrendinformationinclude:TheactuarialvaluationofthePlanasofJanuary1,2014,reflected
changesinactuarialassumptionsandmethodsfromthepreviousvaluationasofJanuary1,2012asfollows:TheHealthCareCostTrendRate
decreasedfrom8.5%in2012to8.0%in2014,withplanneddecreasesof½%eachsubsequentyearsothatitisprojectedtoreachtheultimate
goal of 5% in 2021 rather than 2019. There were no changes to the Investment Discount Rate, Mortality Tables or Medicare Benefits.
106
107
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.
108
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.
109
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.
SHIPPinellas County
CommunityLocal HousingLocal Housing
SpecialRedevelopmentAssistanceAssistance
ProgramsAgencyTrustTrustTotal
ASSETS
Cash and investments$11,410,769 $- $367,968 $340,973 $12,119,710
Receivables:
Accrued interest37,563 22,036 1,016 1,184 61,799
Mortgage notes10,717,720 - 6,702,526 554,349 17,974,595
Other7,748 - - - 7,748
Due from other governments - grants 76,662 - - - 76,662
Due from other governments - other 60,239 - - - 60,239
Land held for resale 220,741 5,067,761 - - 5,288,502
Advances to other funds 325,440 - - - 325,440
Total assets $22,856,882 $5,089,797 $7,071,510 $896,506 $35,914,695
LIABILITIES
Accounts and contracts payable $38,278 $- $- $- $38,278
Accrued payroll 54,068 - - - 54,068
Due to other funds - 316,667 - - 316,667
Due to other funds (deficit in pooled cash)- 22,036 - - 22,036
Due to other governmental entities 87 48,000 - - 48,087
Construction escrows - - 3,383 - 3,383
Advances from other funds - 1,275,440 - - 1,275,440
Total liabilities 92,433 1,662,143 3,383 - 1,757,959
FUND BALANCES
Restricted16,737,748 5,067,761 7,068,127 896,506 29,770,142
Committed3,177,798 - - - 3,177,798
Assigned2,848,903 - - - 2,848,903
Unassigned- (1,640,107) - - (1,640,107)
Total fund balances22,764,449 3,427,654 7,068,127 896,506 34,156,736
Total liabilities and fund balances$22,856,882 $5,089,797 $7,071,510 $896,506 $35,914,695
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, 2014
110
Capital
Spring Project
Training Fund Total
NotesFacility CommunityNonmajor
andRevenue RedevelopmentGovernmental
MortgagesBonds Total Agency Funds
$- $593,717 $593,717 $4,272,539 $16,985,966
- 2,046 2,046 - 63,845
- - - - 17,974,595
- - - - 7,748
- - - - 76,662
- - - - 60,239
- - - - 5,288,502
- - - - 325,440
$- $595,763 $595,763 $4,272,539 $40,782,997
$- $- $- $4,144 $42,422
- - - - 54,068
- - - - 316,667
- - - - 22,036
- - - - 48,087
- - - - 3,383
- - - - 1,275,440
- - - 4,144 1,762,103
- 595,763 595,763 4,246,523 34,612,428
- - - - 3,177,798
- - - 21,872 2,870,775
- - - - (1,640,107)
- 595,763 595,763 4,268,395 39,020,894
$- $595,763 $595,763 $4,272,539 $40,782,997
Debt Service Funds
111
SHIPPinellas County
CommunityLocal HousingLocal Housing
SpecialRedevelopmentAssistanceAssistance
ProgramsAgencyTrustTrustTotal
REVENUES
Intergovernmental:
Federal$1,820,522 $- $- $- $1,820,522
State128,076 - 88,497 - 216,573
Local216,148 925,193 - - 1,141,341
Charges for services1,433,452 - - - 1,433,452
Fines and forfeitures449,805 - - - 449,805
Investment earnings198,319 106,831 11,775 9,613 326,538
Miscellaneous999,571 73,262 27,488 - 1,100,321
Total revenues5,245,893 1,105,286 127,760 9,613 6,488,552
EXPENDITURES
Current:
General government206,867 - - - 206,867
Public safety1,813,028 - - - 1,813,028
Physical environment26,643 - - - 26,643
Economic environment823,103 233,177 140,807 4,026 1,201,113
Human services137,213 - - - 137,213
Culture and recreation1,267,942 - - - 1,267,942
Debt service:
Principal- - - - -
Interest & fiscal charges- 20,570 - - 20,570
Capital outlay109,117 - - - 109,117
Total expenditures4,383,913 253,747 140,807 4,026 4,782,493
Excess (deficiency) of revenues
over / (under) expenditures 861,980 851,539 (13,047) 5,587 1,706,059
OTHER FINANCING SOURCES (USES)
Transfers in 871,243 2,368,813 - - 3,240,056
Transfers out (646,415) (2,155,494) (93,738) (90,677) (2,986,324)
Total other financing sources (uses)224,828 213,319 (93,738) (90,677) 253,732
Net change in fund balances 1,086,808 1,064,858 (106,785) (85,090) 1,959,791
Fund balances - beginning 21,677,641 2,362,796 7,174,912 981,596 32,196,945
Fund balances - ending $22,764,449 $3,427,654 $7,068,127 $896,506 $34,156,736
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, 2014
112
Spring
TrainingFundTotal
NotesFacility CommunityNonmajor
andRevenue RedevelopmentGovernmental
MortgagesBondsTotalAgencyFunds
$- $- $- $- $1,820,522
- 500,004 500,004 - 716,577
- 587,650 587,650 - 1,728,991
- - - - 1,433,452
- - - - 449,805
9,814 9,814 - 336,352
- - - 1,501 1,101,822
- 1,097,468 1,097,468 1,501 7,587,521
- - - - 206,867
- - - - 1,813,028
- - - - 26,643
- - - 34,960 1,236,073
- - - - 137,213
- - - - 1,267,942
336,721 610,000 946,721 - 946,721
22,147 463,044 485,191 - 505,761
- - - - 109,117
358,868 1,073,044 1,431,912 34,960 6,249,365
(358,868) 24,424 (334,444) (33,459) 1,338,156
358,868 - 358,868 1,791,406 5,390,330
- - - (2,577,612) (5,563,936)
358,868 - 358,868 (786,206) (173,606)
- 24,424 24,424 (819,665) 1,164,550
- 571,339 571,339 5,088,060 37,856,344
$- $595,763 $595,763 $4,268,395 $39,020,894
Capital Debt Service Funds
Project
113
Variance with
Final Budget
Actual Positive
Original Final Amounts(Negative)
REVENUES
Intergovernmental - Local $931,104 $925,193 $925,193 $-
Investment earnings 40,000 66,916 106,831 39,915
Miscellaneous 71,572 72,537 73,262 725
Total revenues 1,042,676 1,064,646 1,105,286 40,640
EXPENDITURES
Current - Economic environment 315,223 314,318 233,177 81,141
Debt Service - Interest & fiscal charges - - 20,570 (20,570)
Total expenditures 315,223 314,318 253,747 60,571
Excess of revenues over expenditures 727,453 750,328 851,539 101,211
OTHER FINANCING SOURCES (USES)
Transfers in 761,541 1,405,166 2,368,813 963,647
Transfers out (1,488,994) (2,155,494) (2,155,494) -
Total other financing sources (uses)(727,453) (750,328) 213,319 963,647
Excess (deficiency) of revenues and other sources
over expenditures and other uses - - 1,064,858 1,064,858
Fund balances - beginning 2,362,796 2,362,796 2,362,796 -
Fund balances - ending $2,362,796 $2,362,796 $3,427,654 $1,064,858
The notes to the financial statements are an integral part of this statement.
For the Year Ended September 30, 2014
Budgeted Amounts
City of Clearwater, Florida
Schedule of Revenues, Expenditures, and Changes in Fund Balances -
Budget and Actual (GAAP Basis)
Community Redevelopment Agency
115
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.
117
RecyclingMarine
UtilityOperations
ASSETS
Current assets:
Cash and investments $2,913,630 $553,044
Accrued interest receivable 11,285 1,339
Accounts and contracts receivable:
Billed 84,442 -
Unbilled charges estimated 113,924 -
198,366 -
Less: Allowance for uncollectable accounts (1,914) -
Total receivables, net 196,452 -
Due from other governmental entities - -
Inventories, at cost - 75,064
Prepaid expenses and other assets - -
Total current assets - unrestricted 3,121,367 629,447
Current assets - restricted:
Restricted cash and investments - -
Total current assets - restricted - -
Total current assets 3,121,367 629,447
Noncurrent assets:
Net pension asset 73,943 45,861
Capital assets:
Land and other nondepreciable assets - 670,086
Capital assets, net of accumulated depreciation 202,174 234,614
Total noncurrent assets 276,117 950,561
Total assets 3,397,484 1,580,008
LIABILITIES
Current liabilities:
Accounts and contracts payable 5,550 77,580
Accrued payroll 25,439 22,137
Deposits - 56,945
Unearned revenue and liens - -
Current portion of long-term liabilities:
Compensated absences 21,869 74,346
Due to other funds - -
Total current liabilities 52,858 231,008
Noncurrent liabilities:
Compensated absences 15,195 51,656
Other postemployment benefits 153,849 119,581
Advances from other funds - -
Total non-current liabilities 169,044 171,237
Total liabilities 221,902 402,245
Net position:
Net investment in capital assets 202,174 904,700
Restricted for:
Developer agreement - -
Unrestricted 2,973,408 273,063
Total net position $3,175,582 $1,177,763
The notes to the financial statements are an integral part of this statement.
September 30, 2014
Nonmajor Enterprise Funds
Combining Statement of Net Position
City of Clearwater, Florida
118
AviationParkingHarborviewClearwater
OperationsSystemCenterHarbor MarinaTotal
$391,589 $8,909,198 $- $1,440,302 $14,207,763
912 63,278 - 2,984 79,798
- - - 26,089 110,531
- - - - 113,924
- - - 26,089 224,455
- - - - (1,914)
- - - 26,089 222,541
61,177 - - - 61,177
- - - - 75,064
- - - - -
453,678 8,972,476 - 1,469,375 14,646,343
- 9,300,000 - - 9,300,000
- 9,300,000 - - 9,300,000
453,678 18,272,476 - 1,469,375 23,946,343
1,566 11,163 - - 132,533
3,218,332 981,282 - 94,666 4,964,366
1,859,015 2,937,351 - 11,642,860 16,876,014
5,078,913 3,929,796 - 11,737,526 21,972,913
5,532,591 22,202,272 - 13,206,901 45,919,256
6,536 16,090 - 3,695 109,451
1,424 33,158 - 4,195 86,353
- 2,569 - 40,294 99,808
- 17,383 - 22,387 39,770
2,723 31,785 - 1,734 132,457
20,271 - - - 20,271
30,954 100,985 - 72,305 488,110
1,892 22,085 - 1,205 92,033
9,808 213,994 - 39,112 536,344
20,271 - - - 20,271
31,971 236,079 - 40,317 648,648
62,925 337,064 - 112,622 1,136,758
5,077,347 3,918,633 - 11,737,526 21,840,380
- 9,300,000 - - 9,300,000
392,319 8,646,575 - 1,356,753 13,642,118
$5,469,666 $21,865,208 $- $13,094,279 $44,782,498
119
RecyclingMarine
UtilityOperations
Operating revenues:
Sales to customers$564,804 $3,106,223
Service charges to customers 7,453 -
User charges to customers 1,797,580 176,728
Rentals - 1,161,263
Total operating revenues 2,369,8374,444,214
Operating expenses:
Personal services 1,148,175 1,014,213
Purchases for resale 40,989 2,521,657
Operating materials and supplies 155,374 64,237
Transportation 806,579 6,781
Utility service 6,584 215,422
Depreciation 89,618 108,309
Interfund administrative charges 320,820 197,250
Other current charges:
Professional fees 279,255 60,017
Advertising 55,271 7,958
Communications 11,289 14,718
Printing and binding 5,372 -
Insurance 69,410 38,230
Repairs and maintenance 11,169 26,343
Rentals - 1,990
Miscellaneous 11,578 82,066
Data processing charges 36,410 32,030
Total other current charges 479,754263,352
Total operating expenses 3,047,8934,391,221
Operating income (loss)(678,056)52,993
Nonoperating revenues (expenses):
Investment earnings 58,911 6,204
Interest expense (215) -
Loss on exchange of capital assets - -
Other 83,167 199,168
Total nonoperating revenue (expenses)141,863205,372
Income (loss) before contributions and transfers (536,193)258,365
Capital grants and contributions - 14,458
Transfers in 224,780 5,750
Transfers out (147,450) (224,230)
Change in net position (458,863)54,343
Net position - beginning 3,634,4451,123,420
Net position - ending $3,175,582$1,177,763
The notes to the financial statements are an integral part of this statement.
City of Clearwater, Florida
For the Year Ended September 30, 2014
Nonmajor Enterprise Funds
Combining Statement of Revenues, Expenses, and Changes in Net Position
120
AviationParkingHarborviewClearwater
OperationsSystemCenterHarbor MarinaTotals
$14,365 $4,950,947 $- $- $8,636,339
- - - - 7,453
- - - 33,361 2,007,669
253,987 203,266 49,755 585,840 2,254,111
268,3525,154,21349,755 619,20112,905,572
60,845 1,364,532 - 175,743 3,763,508
- - - 480 2,563,126
6,724 50,161 - 15,151 291,647
2,230 186,955 - 4,445 1,006,990
36,807 45,488 7,956 65,507 377,764
164,272 277,913 502,791 329,863 1,472,766
48,050 916,380 11,310 138,850 1,632,660
11,914 352,941 - 11,657 715,784
- - - 3,260 66,489
- 20,681 - 529 47,217
- 16,058 - 8,826 30,256
7,280 36,441 - 14,410 165,771
210 119,983 - 1,467 159,172
- 21,578 - - 23,568
5,425 195,815 - 4,093 298,977
1,510 41,450 - 6,880 118,280
26,339804,947 - 51,1221,625,514
345,2673,646,376522,057 781,16112,733,975
(76,915)1,507,837(472,302)(161,960)171,597
4,701 300,506 13,953 13,577 397,852
(790) - - - (1,005)
- - (4,439,416) - (4,439,416)
79 5,158 - 51,138 338,710
3,990305,664(4,425,463)64,715(3,703,859)
(72,925)1,813,501(4,897,765)(97,245)(3,532,262)
211,848 - - - 226,306
340,430 12,620 - 1,420 585,000
(13,500) (500,777) (830,965) (25,600) (1,742,522)
465,8531,325,344(5,728,730)(121,425)(4,463,478)
5,003,81320,539,8645,728,73013,215,70449,245,976
$5,469,666$21,865,208$- $13,094,279$44,782,498
121
RecyclingMarine
UtilityOperations
CASH FLOWS FROM OPERATING
ACTIVITIES
Cash received from customers$2,413,710 $4,455,496
Cash payments to suppliers(976,060) (2,998,410)
Cash payments to employees(1,102,986) (970,928)
Cash payments to other funds(1,208,098) (313,856)
Other revenues83,167 199,168
Net cash provided (used) by operating activities(790,267) 371,470
CASH FLOWS FROM NONCAPITAL
FINANCING ACTIVITIES
Transfers from other funds224,780 5,750
Transfers to other funds(147,450) (224,230)
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 (20,412) -
Interest paid (215) -
Acquisition of capital assets - (11,267)
Capital contributed by other governmental entities - 14,458
Net cash provided (used) by capital
and related financing activities (20,627) 3,191
CASH FLOWS FROM INVESTING
ACTIVITIES
Investment earnings 68,536 6,137
Net cash provided by investing activities 68,536 6,137
Net increase (decrease) in cash and cash equivalents (665,028) 162,318
Cash and cash equivalents at beginning of year 3,578,658 390,726
Cash and cash equivalents at end of year $2,913,630 $553,044
Cash and cash equivalents classified as:
Cash and investments $2,913,630 $553,044
Restricted cash and investments - -
Total cash and cash equivalents $2,913,630 $553,044
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, 2014
77,330 (218,480)
122
AviationParkingHarborviewClearwater
OperationsSystemCenterHarbor MarinaTotals
$268,352 $5,154,811 $48,255 $617,945 $12,958,569
(60,665) (854,962) (7,956) (103,682) (5,001,735)
(57,937) (1,305,262) - (167,505) (3,604,618)
(59,070) (1,164,710) (11,310) (173,939) (2,930,983)
79 5,158 - 51,138 338,710
90,759 1,835,035 28,989 223,957 1,759,943
340,430 12,620 - 1,420 585,000
(13,500) (500,777) (830,965) (25,600) (1,742,522)
(958,552) - - - (958,552)
- - - - (20,412)
(790) - - - (1,005)
(284,554) (45,825) - (44,666) (386,312)
1,212,406 - - - 1,226,864
927,062 (45,825) - (44,666) 819,135
5,390 308,725 17,393 13,051 419,232
5,390 308,725 17,393 13,051 419,232
391,589 1,609,778 (784,583) 168,162 882,236
- 16,599,420 784,583 1,272,140 22,625,527
$391,589 $18,209,198 $- $1,440,302 $23,507,763
$391,589 $8,909,198 $- $1,440,302 $14,207,763
- 9,300,000 - - 9,300,000
$391,589 $18,209,198 $- $1,440,302 $23,507,763
(830,965) (2,116,074) (631,622) (488,157) (24,180)
123
RecyclingMarine
UtilityOperations
City of Clearwater, Florida
Combining Statement of Cash Flows
Nonmajor Enterprise Funds
For the Year Ended September 30, 2014
Reconciliation of operating income (loss) to net
cash provided (used) by operating activities:
Operating income (loss)$(678,056) $52,993
Adjustments to reconcile operating income (loss)
to net cash provided (used) by operating activities:
Other nonoperating revenue83,167 199,168
Depreciation89,618 108,309
Change in assets and liabilities:
(Increase) decrease in accounts receivable43,873 -
(Increase) decrease in inventory- (38,114)
(Increase) decrease in prepaid expenses 10,313 -
Increase (decrease) in accounts and contracts payable (384,371) (5,453)
Increase (decrease) in deposits - 11,282
Increase (decrease) in unearned revenue - -
(Increase) decrease in net pension asset 9,044 5,489
Increase (decrease) in accrued payroll 10,905 16,883
Increase (decrease) in other postemployment benefits 25,240 20,913
Total adjustments (112,211) 318,477
Net cash provided (used) by operating activities $(790,267) $371,470
The notes to the financial statements are an integral part of this statement.
124
AviationParkingHarborviewClearwater
OperationsSystemCenterHarbor MarinaTotals
$(76,915) $1,507,837 $(472,302) $(161,960) $171,597
79 5,158 - 51,138 338,710
164,272 277,913 502,791 329,863 1,472,766
- - - (8,217) 35,656
- - - - (38,114)
- - - - 10,313
415 (15,741) (1,500) (2,066) (408,716)
- 236 - 1,798 13,316
- 362 - 5,163 5,525
372 7,300 - - 22,205
796 14,510 - 1,400 44,494
1,740 37,460 - 6,838 92,191
167,674 327,198 501,291 385,917 1,588,346
$90,759 $1,835,035 $28,989 $223,957 $1,759,943
125
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.
127
AdministrativeGeneralCentral
GarageServicesServicesInsuranceTotal
ASSETS
Current assets:
Cash and investments$6,745,913 $8,809,971 $1,903,603 $30,229,289 $47,688,776
Accrued interest receivable25,756 33,955 6,472 107,311 173,494
Other receivables 5,614 - - 28,676 34,290
Due from other funds - - - 4,661,639 4,661,639
Inventories, at cost 530,954 - - - 530,954
Prepaid expenses and other assets - 660 - 1,678,524 1,679,184
Total current assets 7,308,237 8,844,586 1,910,075 36,705,439 54,768,337
Noncurrent assets:
Advances to other funds - - - 2,573,079 2,573,079
Net pension asset 71,221 220,369 - 4,619 296,209
Capital assets:
Land and other nondepreciable assets 729,591 180 - - 729,771
Capital assets, net of accumulated depreciation 13,573,166 2,804,011 18,827 - 16,396,004
Total noncurrent assets 14,373,978 3,024,560 18,827 2,577,698 19,995,063
Total assets 21,682,215 11,869,146 1,928,902 39,283,137 74,763,400
LIABILITIES
Current liabilities:
Accounts and contracts payable 539,020 91,535 43,103 48,006 721,664
Accrued payroll 54,492 107,902 40,964 13,330 216,688
Unearned revenue 510,444 - - - 510,444
Current portion of long-term liabilities:
Compensated absences 86,431 327,813 78,979 22,296 515,519
Capital lease purchases payable 2,556,791 279,700 - - 2,836,491
Due to other funds - 91,654 - - 91,654
Claims payable - - - 2,226,973 2,226,973
Total current liabilities (payable from current assets)3,747,178 898,604 163,046 2,310,605 7,119,433
Noncurrent liabilities:
Compensated absences 60,054 227,768 54,877 15,491 358,190
Other postemployment benefits 237,745 533,626 260,905 56,009 1,088,285
Capital lease purchases payable 5,445,783 394,420 - - 5,840,203
Advances from other funds - 183,307 - - 183,307
Claims payable - - - 8,018,385 8,018,385
Total noncurrent liabilities 5,743,582 1,339,121 315,782 8,089,885 15,488,370
Total liabilities 9,490,760 2,237,725 478,828 10,400,490 22,607,803
NET POSITION
Net investment in capital assets 6,300,183 2,130,071 18,827 - 8,449,081
Unrestricted 5,891,272 7,501,350 1,431,247 28,882,647 43,706,516
Total net position $12,191,455 $9,631,421 $1,450,074 $28,882,647 $52,155,597
The notes to the financial statements are an integral part of this statement.
City of Clearwater, Florida
Combining Statement of Net Position
Internal Service Funds
September 30, 2014
128
AdministrativeGeneralCentral
GarageServicesServicesInsuranceTotal
Operating revenues:
Charges for services$12,636,077 $9,523,227 $4,565,574 $20,727,070 $47,451,948
Other- - - 217,618 217,618
Total operating revenues12,636,0779,523,2274,565,57420,944,68847,669,566
Operating expenses:
Personal services2,434,293 4,846,366 2,221,030 566,569 10,068,258
Purchases for resale5,101,252 - - - 5,101,252
Operating materials and supplies184,263 113,728 346,742 127,892 772,625
Transportation5,941 85,933 128,069 6,572 226,515
Utility service114,064 - 414,015 3,476 531,555
Depreciation4,551,189 821,645 14,206 - 5,387,040
Interfund administrative charges307,610 4,000 - - 311,610
Other current charges:
Professional fees343,734 737,465 - 3,272,944 4,354,143
Communications18,949 956,920 39,667 6,004 1,021,540
Printing and binding1,732 19,212 20 - 20,964
Insurance:
Premiums61,490 19,130 26,790 3,070,407 3,177,817
Claims incurred- - - 12,280,379 12,280,379
Repairs and maintenance836,606 1,270,179 1,064,659 17,073 3,188,517
Rentals76,434 395,662 15,226 47,872 535,194
Miscellaneous21,604 89,105 18,829 38,013 167,551
Data processing charges 121,730 219,760 85,500 15,790 442,780
Taxes 9,882 - - - 9,882
Total other current charges 1,492,161 3,707,433 1,250,691 18,748,482 25,198,767
Total operating expenses 14,190,773 9,579,105 4,374,753 19,452,991 47,597,622
Operating income (loss)(1,554,696) (55,878) 190,821 1,491,697 71,944
Nonoperating revenues (expenses)
Investment earnings 120,219 161,710 30,345 596,937 909,211
Interest expense (202,773) (27,785) - - (230,558)
Gain on sale of capital assets 275,549 - - - 275,549
Loss on disposal of capital assets (1,324) (618) - - (1,942)
Other 154,073 - 5,652 8 159,733
Total nonoperating revenue (expenses)345,744 133,307 35,997 596,945 1,111,993
Income (loss) before contributions and transfers(1,208,952) 77,429 226,818 2,088,642 1,183,937
Transfers in 999,458 36,180 20,870 60,000 1,116,508
Transfers out - - - (779,840) (779,840)
999,458 36,180 20,870 (719,840) 336,668
Change in net position (209,494) 113,609 247,688 1,368,802 1,520,605
Net position - beginning 12,400,949 9,517,812 1,202,386 27,513,845 50,634,992
Net position - ending$12,191,455 $9,631,421 $1,450,074 $28,882,647 $52,155,597
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 Net Position
Internal Service Funds
For the Year Ended September 30, 2014
129
AdministrativeGeneralCentral
GarageServicesServicesInsuranceTotal
CASH FLOWS FROM OPERATING
ACTIVITIES
Cash received from other funds$12,636,077 $9,523,227 $4,565,574 $20,944,915 $47,669,793
Cash payments to suppliers(5,897,314) (3,167,889) (1,903,154) (18,828,824) (29,797,181)
Cash payments to employees(2,345,792) (4,671,052) (2,166,022) (551,206) (9,734,072)
Cash payments to other funds(709,198) (564,780) (295,136) (38,867) (1,607,981)
Other revenues135,972 - 5,652 8 141,632
Net cash provided (used) by operating activities 3,819,745 1,119,506 206,914 1,526,026 6,672,191
CASH FLOWS FROM NONCAPITAL
FINANCING ACTIVITIES
Transfers from other funds 999,458 36,180 20,870 60,000 1,116,508
Transfers to other funds - - - (779,840) (779,840)
Receipt of cash on loans to/from other funds 1,099,430 1,099,430
Payment of cash on loans to/from other funds - (91,654) - - (91,654)
Net cash provided (used) by
noncapital financing activities 999,458 (55,474) 20,870 379,590 1,344,444
CASH FLOWS FROM CAPITAL AND
RELATED FINANCING ACTIVITIES
Principal payments on debt (2,495,189) (358,437) - - (2,853,626)
Interest paid (202,773) (27,785) - - (230,558)
Acquisition of capital assets (5,623,571) (423,953) - - (6,047,524)
Sale of capital assets 274,225 - - - 274,225
Proceeds from issuance of debt 4,018,067 183,618 - - 4,201,685
Net cash provided (used) by capital
and related financing activities (4,029,241) (626,557) - - (4,655,798)
CASH FLOWS FROM INVESTING
ACTIVITIES
Investment earnings 120,339 166,826 30,581 649,847 967,593
Net cash provided by investing activities 120,339 166,826 30,581 649,847 967,593
Net increase (decrease) in cash and cash equivalents 910,301 604,301 258,365 2,555,463 4,328,430
Cash and cash equivalents at beginning of year 5,835,612 8,205,670 1,645,238 27,673,826 43,360,346
Cash and cash equivalents at end of year $6,745,913 $8,809,971 $1,903,603 $30,229,289 $47,688,776
Cash and cash equivalents classified as:
Cash and investments $6,745,913 $8,809,971 $1,903,603 $30,229,289 $47,688,776
The notes to the financial statements are an integral part of this statement.
City of Clearwater, Florida
Combining Statement of Cash Flows
Internal Service Funds
For the Year Ended September 30, 2014
130
AdministrativeGeneralCentral
GarageServicesServicesInsuranceTotal
City of Clearwater, Florida
Combining Statement of Cash Flows
Internal Service Funds
For the Year Ended September 30, 2014
Reconciliation of operating income (loss) to net
cash provided (used) by operating activities:
Operating income (loss)$(1,554,696) $(55,878) $190,821 $1,491,697 $71,944
Adjustments to reconcile operating income (loss)
to net cash provided (used) by operating activities:
Other nonoperating revenue 154,073 - 5,652 8 159,733
Depreciation 4,551,189 821,645 14,206 - 5,387,040
Change in assets and liabilities:
(Increase) decrease in accounts receivable 45,704 - - 227 45,931
(Increase) decrease in inventory 34,937 - - - 34,937
(Increase) decrease in prepaid expenses 577,217 91,757 - 157,168 826,142
Increase (decrease) in accounts and contracts payable (13,374) 86,668 (58,773) (138,437) (123,916)
Increase (decrease) in unearned revenue (63,806) - - 4,203 (59,603)
(Increase) decrease in net pension asset 18,107 39,101 5,811 1,326 64,345
Increase (decrease) in accrued payroll 28,722 48,490 3,418 9,834 90,464
Increase (decrease) in other postemployment benefits 41,672 87,723 45,779 - 175,174
Total adjustments 5,374,441 1,175,384 16,093 34,329 6,600,247
Net cash provided (used) by operating activities $3,819,745 $1,119,506 $206,914 $1,526,026 $6,672,191
131
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.
133
Defined BenefitDefined Contribution
Pension Trust FundsPension Trust Funds
PoliceFirefighters
Employees'Firefighters'SupplementalSupplementalTotals
ASSETS
Cash and cash equivalents$4,606,551 $2,770,355 $7,410 $- $7,384,316
Managed investment accounts, at fair value:
Cash and cash equivalents27,071,258 - 763,271 698,974 28,533,503
Government bonds 87,712,290 - - 361,330 88,073,620
Agency bonds 5,229,385 2,058,880 - - 7,288,265
Domestic corporate bonds 88,300,373 - - 3,017,414 91,317,787
International equity securities 78,527,302 - 501,779 136,435 79,165,516
Domestic stocks 384,000,122 - 10,510,058 3,164,472 397,674,652
Mortgage backed bonds 78,072,522 - - 1,719,279 79,791,801
Asset backed securities 5,134,542 - - - 5,134,542
Domestic equity mutual funds 38,204,365 - 4,481,798 5,562,111 48,248,274
International equity mutual funds 40,068,560 - 2,810,058 2,109,133 44,987,751
Real estate 40,952,508 - - 847,193 41,799,701
Total managed investment accounts 873,273,227 2,058,880 19,066,964 17,616,341 912,015,412
Securities lending collateral 202,026,159 - - - 202,026,159
Receivables:
Interest and dividents 2,395,629 31,068 12,501 60,004 2,499,202
Unsettled investment sales 1,660,648 - - - 1,660,648
Securities lending earnings 25,729 - - - 25,729
Total receivables 4,082,006 31,068 12,501 60,004 4,185,579
Total assets 1,083,987,943 4,860,303 19,086,875 17,676,345 1,125,611,466
LIABILITIES
Accounts payable 932,589 - - - 932,589
Unsettled investment purchases 17,439,246 - - - 17,439,246
Obligations under securities lending 202,026,159 - - - 202,026,159
Total liabilities 220,397,994 - - - 220,397,994
FIDUCIARY NET POSITION
Net position restricted for pensions $863,589,949 $4,860,303 $19,086,875 $17,676,345 $905,213,472
The notes to the financial statements are an integral part of this statement.
City of Clearwater, Florida
Combining Statement of Fiduciary Net Position
Fiduciary Funds
September 30, 2014
134
Defined BenefitDefined Contribution
Pension Trust FundsPension Trust Funds
PoliceFirefighters
Employees'Firefighters'SupplementalSupplementalTotals
ADDITIONS
Contributions:
Contributions from employer$18,860,463 $- $- $- $18,860,463
Contributions from employer - state tax12,000 - 853,205 1,230,136 2,095,341
Contributions from employees 7,073,440 - - - 7,073,440
Total contributions 25,945,903 - 853,205 1,230,136 28,029,244
Investment income (loss):
Net appreciation (depreciation) in fair value of investments 70,978,902 59,294 1,954,798 1,862,588 74,855,582
Interest 7,449,794 110,333 40,883 247,200 7,848,210
Dividends 8,761,464 - 241,630 567,619 9,570,713
Less investment expenses:
Investment management/custodian fees (4,856,380) - (96,356) (65,167) (5,017,903)
Net investment income (loss)82,333,780 169,627 2,140,955 2,612,240 87,256,602
Securities lending income:
Gross earnings 491,432 - - - 491,432
Rebate received 250,897 - - - 250,897
Bank fees (243,960) - - - (243,960)
Net income from securities lending 498,369 - - - 498,369
Total additions 108,778,052 169,627 2,994,160 3,842,376 115,784,215
DEDUCTIONS
Benefits and withdrawal payments:
Benefits 37,118,458 525,760 938,149 1,160,022 39,742,389
Refunds 1,675,419 - - - 1,675,419
Total benefits and refunds 38,793,877 525,760 938,149 1,160,022 41,417,808
Income (loss) before administrative expenses 69,984,175 (356,133) 2,056,011 2,682,354 74,366,407
Administrative expenses (175,212) (5,808) (13,089) (56,256) (250,365)
Net increase (decrease)69,808,963 (361,941) 2,042,922 2,626,098 74,116,042
Fiduciary net position restricted for pensions
Fiduciary net position - beginning 793,780,986 5,222,244 17,043,953 15,050,247 831,097,430
Fiduciary net position - ending $863,589,949 $4,860,303 $19,086,875 $17,676,345 $905,213,472
The notes to the financial statements are an integral part of this statement.
City of Clearwater, Florida
Combining Statement of Changes in Fiduciary Net Position
Fiduciary Funds
For the Year Ended September 30, 2014
135
Balance Balance
October 1,September 30,
2013AdditionsDeductions2014
TREASURER'S ESCROW FUND
ASSETS
Cash and investments$201,926 1,109,705 365,845 $945,786
Accrued interest receivable433 331 489 275
Total Assets$202,359 1,110,036 366,334 $946,061
LIABILITIES
Other miscellaneous payables:
Downtown Development Board$79,268 372,740 361,564 $90,444
Special purpose funds8,738 2,095 3,000 7,833
Other114,353 735,201 1,770 847,784
Total Liabilities$202,359 1,110,036 366,334 $946,061
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, 2014
136
Supplementary
Information
137
138
Page 1 of 5
City of Clearwater, Florida
Continuing Disclosure – Gas System Revenue Bonds
Series 2007, 2013 and 2014
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, 2014, contract rates applied to an average of 177 customer accounts per
month and impacted 6.0% of total 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.
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City of Cle
Continuing Disclosure -
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Supplemen____________________________
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earwater, Florida
-Gas System Revenue Bonds
7, 2013 and 2014
ntary Information _______________________________
Page 2 of 5
39
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 2007, 2013 and 2014
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.
140
141
Page 4 of 5
City of Clearwater, Florida
Continuing Disclosure – Gas System Revenue Bonds
Series 2007, 2013 and 2014
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 849 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. The Florida Public Service Commission and the Federal Department of Transportation regulate
CGS for safety.
CGS has been serving customers in the Clearwater area for over 91 years (since 1923) when operations
began 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 20,719 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 88.66% of our customer base.
Page 5 of 5
City of Clearwater, Florida
Continuing Disclosure - Gas System Revenue Bonds
Series 2007, 2013 and 2014
Supplementary Information
As of September 30, 2014 the System's active natural gas customers were located as shown in the
following table:
LocationMetersPercentage
Belleair4432.36%
Belleair Beach1991.06%
Belleair Bluffs290.15%
Belleair Shores280.15%
Clearwater6,67435.61%
Dunedin1,1576.17%
Indian Rocks Beach1130.60%
Indian Shores780.42%
Largo9815.23%
New Port Richey2661.42%
North Redington Beach330.18%
Oldsmar1220.65%
Port Richey90.05%
Redington Beach1140.61%
Redington Shores520.28%
Safety Harbor6013.21%
Tarpon Springs1,4998.00%
Unincorporated Areas Pasco2,89315.43%
Central Pasco6013.21%
Unincorporated Areas Pinellas2,85215.22%
Total18,744100.00%
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, 2014:
Peak Monthly% of Gross
Customer Name ThermsRevenues
Morton Plant Hospital126,747.13.25%
New Port Richey Hospital Inc.84,096.92.44%
Ajax Paving Industries138,145.12.07%
Metal Industries87,015.01.86%
Angelica Textile Service56,903.01.60%
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, 2014:
Average No.Gas Gas
Customers Volume Sales
Interruptible (including Gas Station)17 29.94%16.97%
Residential16,475 14.44%22.38%
Commercial (exluding Gas Station)2,252 55.62%60.65%
ThermsRevenues
Interruptible (including Gas Station)6,926,897.6 5,865,509$
Residential3,341,057.7 7,733,012
Commercial (exluding Gas Station)12,865,895.4 20,959,421
Totals23,133,850.7 34,557,942$
142
143
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
2010 4.105 6.820 10.925
2011 4.946 6.371 11.317
2012 5.925 4.999 10.924
2013 5.414 5.555 10.969
2014 5.191 6.854 12.045
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, 2014
Water Used
( in 100Revenues
Name of User Cubic Feet)Produced
1. CITY OF CLEARWATER 68,108 773,374$
2. CHURCH OF SCIENTOLOGY 112,482 664,061
3. MORTON PLANT HOSPITAL 77,713 547,692
4. PINELLAS COUNTY SCHOOLS 38,799 335,088
5. RH MACARTHUR PARK LLC 38,742 230,754
6. 301 SOUTH GULFVIEW LLC 29,738 225,246
7. SANDPEARL RESORT LLC 32,528 188,485
8. CLEARWATER APARTMENTS I LP 32,902 177,879
9. BRE/CLEARWATER OWNER LLC 33,238 158,485
10. BRENNTAG MID SOUTH INC 24,495 154,740
488,745 3,455,804$
Water
Year Customers
2010 39,971
2011 41,391
2012 41,988
2013 43,500
2014 43,704
144
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)
Year Flow in MGD Sewer Customers
2010 14.3 33,041
2011 14.8 33,063
2012 14.5 33,093
2013 13.2 33,405
2014 12.3 33,564
Ten Largest Sewer Customers
Fiscal Year Ending September 30, 2014
Sewer Used
( in 100Revenues
Name of User Cubic Feet)Produced
1. CHURCHOF SCIENTOLOGY 87,520 573,700$
2. MORTON PLAN HOSPITAL 62,853 502,669
3. CITY OF CLEARWATER 27,378 474,014
4. PINELLAS COUNTY SCHOOLS 38,806 445,255
5. RH MACARTHUR PARK LLC 38,742 236,759
6. BRE/CLEARWATER OWNER LLC 33,238 206,241
7. CLEARWATER APARTMENTS I LP 32,903 204,828
8. SANDPEARL RESORT LLC 32,528 198,781
9. SHERATON SAND KEY 29,968 195,313
10. CCRC - REGENCY OAKS LLC 28,471 192,261
412,407 3,229,821$
Rates, Fees And Charges
The City uses a three-tiered rate structure for water and sewer usage. The base rate for water
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 usage allowance, 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 and third tier usage
levels vary with the size of the meters. For fiscal year 2014 there were no changes to the three-
tiered rate structure for water or sewer usage.
145
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 2010 2011 2012 2013 2014
Minimum - Under 1 inch 15.60$ 16.30$ 17.03$ 17.80$ 18.60$
1 inch 36.40 38.04 39.75 41.54 43.41
1.5 inch 520.00 543.40 567.85 593.40 620.10
2 inch 1,211.60 1,266.12 1,323.10 1,382.64 1,444.86
3 or 2 inch manifold1,866.80 1,950.81 2,038.60 2,130.34 2,226.21
4 inch 3,593.20 3,754.89 3,923.86 4,100.43 4,284.95
6 inch 9,230.00 9,645.35 10,079.39 10,532.96 11,006.94
8 inch 15,600.00 16,302.00 17,035.59 17,802.19 18,603.29
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 2010 2011 2012 2013 2014
Minimum - Under 1 inch 5.56$ 5.81$ 6.07$ 6.34$ 6.63$
1 inch 16.69 17.44 18.22 19.04 19.90
1.5 inch 83.51 87.27 91.20 95.30 99.59
2 inch 233.82 244.34 255.34 266.83 278.84
3 or 2 inch manifold462.07 482.86 504.59 527.30 551.03
4 inch 890.76 930.84 972.73 1,016.50 1,062.24
6 inch 2,688.97 2,809.97 2,936.42 3,068.56 3,206.65
Size of Meter
October 1,October 1,October 1,October 1,October 1,
Sewer Rates 2010 2011 2012 2013 2014
Minimum - Under 1 inch 21.48$ 22.44$ 23.46$ 24.51$ 25.62$
1 inch 50.12 52.36 54.74 57.19 59.78
1.5 inch 716.00 748.00 782.00 817.00 854.00
2 inch 1,668.28 1,742.84 1,822.06 1,903.61 1,989.82
3 or 2 inch manifold2,570.44 2,685.32 2,807.38 2,933.03 3,065.86
4 inch 4,947.56 5,168.68 5,403.62 5,645.47 5,901.14
6 inch 12,709.00 13,277.00 13,880.50 14,501.75 15,158.50
8 inch 21,480.00 22,440.00 23,460.00 24,510.00 25,620.00
Per 1,000 gallons of water used
over the allowed minimum 7.167.487.82 8.178.54
Size of Meter
Additional Indebtedness
No additional indebtedness was incurred for capital improvements to the water and sewer systems or for the
lease purchase of capital equipment.
146
Page 1 of 1
City of Clearwater, Florida
Continuing Disclosure – Stormwater System Revenue Bonds
Series 2004, 2005, 2012, 2013 and 2014
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:
Effective Date Per ERU
January 1, 1991$3.00
October 1, 19984.00
October 1, 19994.17
October 1, 20004.35
October 1, 20014.54
January 1, 20026.13
October 1, 20027.16
October 1, 20038.01
October 1, 20048.65
October 1, 20059.35
October 1, 20069.71
October 1, 200710.51
October 1, 200811.14
October 1, 200911.80
October 1, 201012.51
October 1, 201113.04
October 1, 201213.40
October 1, 201313.77
October 1, 201414.15
Single-family homes, multifamily units, condominium units, apartments and mobile homes are
rated as one ERU per dwelling unit. Nonresidential property is charged at the rate of 1,830
square feet of impervious area per ERU.
HISTORICAL NET REVENUES
2010 2011 2012 2013 2014
Net Operating Revenues (Excluding
Depreciation)7,471,315$ 7,247,625$ 7,343,936$ 8,105,045$ 4,207,288$
Interest Income and other
Non-operating Revenues (Expenses)1,045,761 491,645 530,796 (92,148) 495,462
Total Net Revenues8,517,076$ 7,739,270$ 7,874,732$ 8,012,897$ 4,702,750$
Maximum Annual Debt Service2,889,994$ 2,889,994$ 2,693,144$ 2,608,421$ 2,568,762$
Coverage2.95 2.68 2.92 3.07 1.83
147
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, 2014, 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, 2014 are summarized
below.
Total Revenue Received from Pinellas County Fire Protection Authority 2,043,681$
Total Fire Service Expenditures for Fiscal Year Ended September 30, 2014 19,787,248$
The Fire Services Program does not currently utilize an equipment reserve.
Financial Trends
Schedule 1 Net Position by Component
Schedule 2 Changes in Net Position
Schedule 2aProgram Revenues by Function/Program
Schedule 3 Fund Balances of Governmental Funds
Schedule 4 Changes in Fund Balances of Governmental Funds
Revenue Capacity
Schedule 5 Assessed Value and Estimated Actual Value of Taxable Property
Schedule 6 Direct and Overlapping Property Tax Rates
Schedule 7 Property Tax Levies and Collections
Schedule 8aPrincipal Real Property Taxpayers
Schedule 8bPrincipal Personal Property Taxpayers
Debt Capacity
Schedule 9 Ratios 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.
149
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
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Fiscal
YearOperating
GOB Debt
Service
Total
Direct
Pinellas
County
Pinellas
County
Schools
Pinellas
Transit
District
Emergency
Medical
Services
Other
Districts
Downtown
Development
Board a
20055.7530 0.00005.75306.14108.12200.63770.66001.6557 1.0000
20065.7530 0.00005.75306.14108.39000.63770.66001.6555 1.0000
20075.2088 0.00005.20885.47008.21000.60740.63001.6378 1.0000
20084.6777 0.00004.67774.87307.73100.56010.58321.5121 0.9651
20094.7254 0.00004.72544.87308.06100.56010.58321.5551 0.9651
20105.1550 0.00005.15504.87308.34600.56010.58321.5106 0.9651
20115.1550 0.00005.15504.87308.34000.56010.58321.4410 0.9651
20125.1550 0.00005.15504.87308.38500.73050.85061.2390 0.9651
20135.1550 0.00005.15505.07278.30200.73050.91581.3034 0.9651
20145.1550 0.00005.15505.33778.06000.73050.91581.2959 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 0.0160; Juvenile Welfare Board 0.8981;
SW Florida Water Management District 0.3818.
Schedule 6
City Direct Rates Overlapping Rates
City of Clearwater, Florida
Direct and Overlapping Property Tax Rates
Last Ten Fiscal Years
(rate per $1,000 of assessed value)
159
Fiscal
Year
Taxes Levied for
the Fiscal YearAmount
Percentage
of Levy
Collections in
Subsequent
Years Amount
Percentage
of Levy
2005 42,967,585$ 41,463,597$ 96.50 124,745$ 41,588,342$ 96.79
2006 49,764,77947,957,449 96.37 57,934 48,015,383 96.48
2007 55,506,24853,668,684 96.69 153,181 53,821,865 96.97
2008 52,150,53450,215,870 96.29 237,425 50,453,295 96.75
2009 48,014,74046,405,161 96.65 213,934 46,619,095 97.09
2010 45,469,63843,912,287 96.57 155,984 44,068,271 96.92
2011 40,551,36339,163,100 96.58 45,766 39,208,866 96.69
2012 39,162,29537,874,151 96.71 44,060 37,918,211 96.82
2013 38,622,43837,298,959 96.57 22,086 37,321,045 96.63
2014 39,888,51638,521,211 96.57 - 38,521,211 96.57
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 Levy Total Collections to Date
City of Clearwater, Florida
Property Tax Levies and Collections
Last Ten Fiscal Years
160
Taxpayer
Taxable
Assessed
ValueRank
Percentage of
Total City
Taxable
Assessed
Value
Taxable
Assessed
ValueRank
Percentage of
Total City
Taxable
Assessed
Value
REAL PROPERTY
BELLWETHER PROP FLA 139,920,938$ 11.91%102,869,300$ 11.47%
301 SOUTH GULFVIEW LLC 56,525,337 20.77%
JOHN S TAYLOR PROPERTIES LLC 46,075,00030.63%34,620,00030.50%
STANDARD GRAND RESERVE LLC 40,900,00040.56%
SAND KEY ASSOC LTD PARTNERSHIP38,975,00050.53%28,600,00050.41%
CENTRO NP CLEARWATER MALL LLC38,135,91160.52%42,270,80020.61%
SANDPEARL RESORT LLC 36,986,79970.51%
ZOM BAYSIDE ARBORS LTD 36,489,82080.50%23,173,300 100.33%
NWP CLEARWATER HOLDINGS LLC 30,550,00090.42%
WEINGARTEN NOSTAT INC 26,490,000100.36%27,810,00060.40%
GRAND VENEZIA BAYWATCH LP 30,000,00040.43%
CALIFORNIA STATE TEACHERS 26,400,00070.38%
ST JOE CO 26,000,00080.37%
NORTHWOOD PLAZA 24,000,00090.34%
Total 491,048,805$ 6.71%365,743,400$ 5.24%
Source: Pinellas County Property Appraiser
Schedule 8a
City of Clearwater, Florida
Principal Real Property Taxpayers
Current Year and Nine Years Ago
2014 2005
161
Taxpayer
Taxable
Assessed
ValueRank
Percentage of
Total City
Taxable
Assessed
Value
Taxable
Assessed
ValueRank
Percentage of
Total City
Taxable
Assessed
Value
PERSONAL PROPERTY
DUKE ENERGY (1)67,528,991$ 116.28%56,418,510$ 111.55%
VERIZON FLORIDA LLC (2)33,417,64528.06%55,257,070 211.31%
BRIGHT HOUSE NETWORKS LLC (3)16,286,33333.93%14,875,360 33.04%
PUBLIX SUPER MARKET 8,202,21641.98%
INSTRUMENT TRANSFORMERS 8,026,08151.94%5,656,53051.16%
FLORIDA GAS TRANSMISSION 7,410,02361.79%
HYATT REGENCY CLEARWATER BEACH 6,146,49871.48%
MONIN INC 5,559,92281.34%
MODEL SCREW PRODUCTS INC 5,354,41791.29%
BAUSCH & LOMB INC 5,264,795101.27%9,341,36041.91%
LOWE'S HOME CENTER INC 4,441,60060.91%
BURDINES INC 4,174,30070.85%
TARGET #1820 3,577,70080.73%
SHERATON SAND KEY 3,550,02090.73%
IBM CREDIT LLC 3,041,070100.62%
Total 163,196,921$ 39.35%160,333,520$ 32.81%
Notes:
(1) Duke Energy was formerly Progress Energy and Florida Power prior to that
(2) Verizon Florida, Inc. was formerly GTE
(3) Bright House Networks was formerly Time Warner Entertainment
Source: Pinellas County Property Appraiser
Schedule 8b
City of Clearwater, Florida
Principal Personal Property Taxpayers
Current Year and Nine Years Ago
2014 2005
162
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Percentage of
GeneralPublic ServiceSales TaxActual Taxable
FiscalObligationTax RevenueRevenueValue ofPer
YearBondsBondsBondsTotalProperty (a)Capita (b)
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 - - - - - -
2013 - - - - - -
2014 - - - - - -
(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)
164
Estimated
EstimatedShare of
DebtPercentageOverlapping
Governmental Unit Outstanding Applicable a Debt
Debt repaid with property taxes -$ n/a-$
Other debt
Pinellas County Government Notes8,714 13.8%1,202
Pinellas County Government Capital Leases116 13.8%16
Pinellas County School District State Bonds b 19,075 13.8%2,631
Pinellas County School District Capital Leases5,497 13.8%758
Subtotal, overlapping debt 4,608
City direct debt 18,150
Total direct and overlapping debt 22,758$
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.
Note: Overlapping governments are those that coincide, at least in part, with the geographic boundaries of
the city. This schedule estimates the portion of the outstanding debt of those overlapping governments
that is borne by the residents 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.
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, 2014
165
Total Net Debt
Applicable
Total Net Debtto Limit
FiscalDebtApplicableLegalas Percentage
YearLimitto LimitDebt Marginof Debt Limit
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
20131,904,237 215,753 1,688,484 11.33
20141,955,083 208,318 1,746,765 10.66
Legal Debt Margin Calculation for Fiscal Year 2014:
Assessed valuation of non-exempt real estate 9,775,415$
Debt Limit (20% of assessed valuation per City Charter)1,955,083
Debt applicable to limit:
Revenue bonds 220,725$
Capital leases 9,556
Less: Amount set aside for repayment
of bonded debt (21,963)
208,318
Legal debt margin 1,746,765$
Note: Per City Charter, the City's indebtedness, to include revenue, refunding, and improvement
bonds shall not exceed 20 percent of the current assessed valuation of all real property located
in the City.
(amounts in thousands)
Schedule 12
City of Clearwater, Florida
Legal Debt Margin Information
Last Ten Fiscal Years
166
Less:Net
FiscalGrossOperatingAvailable
Year Revenues Expenses Revenues Principal Interest Coverage
2005 9,978$ -$ 9,978$ 5,460$ 1,432$ 1.45
2006 10,704 - 10,704 5,660 1,896 (a)1.42
20079,931 - 9,931 5,875 889 1.47
2008 9,863 - 9,863 6,105 641 1.46
2009 8,574 - 8,574 6,355 397 1.27
2010 7,987 - 7,987 6,620 132 1.18
2011 - - - - - -
2012 - - - - - -
2013 - - - - - -
2014 - - - - - -
2005 1,098$ -$ 1,098$ 465$ 614$ 1.02
2006 1,107 - 1,107 475 603 1.03
2007 1,112 - 1,112 490 591 1.03
2008 1,107 - 1,107 500 577 1.03
2009 1,104 - 1,104 515 561 1.03
2010 1,105 - 1,105 530 544 1.03
2011 1,099 - 1,099 550 526 1.02
2012 1,098 - 1,098 570 507 1.02
2013 1,084 - 1,084 590 485 1.01
2014 1,097 - 1,097 610 463 1.02
Public Service Tax/Improvement Revenue Bonds (c)
2005 17,493$ -$ 17,493$ 375$ 485$ 20.34
2006 18,118 - 18,118 385 473 21.12
2007 18,194 - 18,194 320 464 23.21
2008 18,280 - 18,280 330 450 23.44
2009 18,987 - 18,987 340 438 24.40
2010 19,680 - 19,680 355 425 25.23
2011 19,081 - 19,081 8,540 (d)291 2.16
2012 - - - - - -
2013 - - - - - -
2014 - - - - - -
(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 $8,170,000
on February 1, 2011 to redeem all outstanding principal as of that date.
Debt Service
Infrastructure Sales Tax Bonds (a)
Spring Training Facility Bonds (b)
Schedule 13
City of Clearwater, Florida
Pledged-Revenue Coverage
Last Ten Fiscal Years
(amounts in thousands)
Page 1 of 2
167
Less:Net
FiscalGrossOperatingAvailableMaximum
Year Revenues Expenses Revenues Principal Interest Coverage Coverage (a)
Water & Sewer Utility Revenue Bonds
200546,379$ 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 38,479 25,264 5,190 8,008 1.91
201364,665 37,001 27,664 5,465 8,333 2.00
201468,601 44,732 23,869 5,680 8,099 1.73
Gas Utility Revenue Bonds
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
201337,922 27,159 10,763 825 502 8.115.01
201441,963 29,173 12,790 925 357 9.986.11
Stormwater Utility Revenue Bonds
200510,522$ 5,753$ 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
201216,355 8,480 7,875 1,155 1,712 2.75
201316,230 8,217 8,013 1,100 1,421 3.18
201417,256 12,553 4,703 1,300 1,186 1.89
(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
168
YearPopulation (a)
Personal
Income
(thousands of
dollars)
Per Capita
Personal
Income (b)
Median
Age (c )
School
Enrollment (d)
Annual Average
Unemployment
Rate (e)
2005 110,8313,858,581$ 34,815$ 44.215,964 3.4
2006 110,6024,101,233 37,08144.215,696 2.9
2007 110,4694,352,147 39,39744.515,500 3.8
2008 110,2514,477,073 40,60844.515,482 5.5
2009 109,9074,470,467 40,67545.014,975 10.1
2010 107,6854,296,524 39,89945.314,704 12.4
2011 107,8054,034,279 37,42246.314,375 10.9
2012 107,9064,055,431 37,58346.514,210 8.7
2013 109,0654,225,396 38,74246.814,010 6.7
2014 109,3404,420,070 40,42547.014,160 6.2
(a)
(b)
(c )
(d)
(e)
Note:
DataisforPinellasCountyforprioryear.SourceistheUniversityofFlorida,BureauofEconomicand
Business Research.
Source of data is the Pinellas County School District.
Sourceforfiscalyears2005to2009istheUniversityofFlorida,BureauofEconomicandBusiness
Research,FloridaStatisticalAbstract,AnnualAveragesoftheindicatedfiscalyear.Sourceforfiscal2010
to 2014 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:April1,2014estimate
for current year and Florida Statistical Abstract for prior years.
Dataisfrom percapitapersonalincome forPinellasCountyfortwoyearsprior.SourceistheUniversity
of Florida, Bureau of Economic and Business Research.
169
Employer EmployeesRank
Percentage
of Total
County
Employment EmployeesRank
Percentage
of Total
County
Employment
Pinellas County School District 15,928 13.71%17,474 14.00%
Bay Pines VA Medical Center 4,406 21.03%3,318 60.76%
City of St. Petersburg 3,112 30.73%3,458 50.79%
All Children's Hospital 2,950 40.69%2,000 100.46%
St. Petersburg College 2,744 50.64%
Pinellas County Sheriff 2,693 60.63%
Morton Plant Hospital 2,525 70.59%2,443 80.56%
Raymond James 2,475 80.58%3,022 70.69%
Home Shopping Network 2,150 90.50%
Mease Hospital 2,050 100.48%
Pinellas County Board of County Commissioners 1,954 100.46%6,870 31.57%
Crum Resources 12,990 22.98%
Nielson Media Research 3,516 40.81%
Bayfront Medical Center 2,212 90.51%
Total Employment b 428,822 436,387
a Data is for Pinellas County. City data is not available.
b Source: Florida Research and Economic Database and Pinellas County Department of Economic Development.
2014 b 2005
Schedule 15
City of Clearwater, Florida
Principal Employersa
Current Year and Nine Years Ago
170
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Function/Program
General government287.3 307.5 322.0 327.3 321.6 346.6 326.6 316.5 317.0312.1
Public safety:
Fire 202.0 215.0 221.0 212.0 212.0 211.0 205.0 201.0 201.0201.0
Police 405.9 407.9 407.9 393.9 389.9 370.9 344.0 342.5 343.5345.5
Physical environment36.0 38.7 38.7 34.0 33.5 28.5 27.5 17.5 17.017.0
Transportation 71.0 74.3 74.3 69.0 67.5 57.5 53.5 52.5 38.038.0
Economic environment67.1 69.5 66.5 64.5 62.5 11.0 11.0 8.0 9.010.0
Human services 3.0 3.0 3.0 3.0 2.0 - - - - -
Culture and recreation:
Library 95.9 94.9 93.9 88.4 78.3 73.2 73.2 73.6 73.673.6
Parks & Rec 235.4 239.8 240.8 221.8 203.7 191.1 184.1 184.7 197.2199.2
Water & Sewer Utility 169.0 175.0 175.0 168.0 169.0 164.0 166.0 167.0 167.0176.0
Gas Utility 90.0 90.0 90.0 90.0 84.0 77.0 77.0 79.0 83.083.0
Solid Waste Utility 109.5 112.0 112.0 112.0 112.0 112.0 112.0 112.2 112.2111.5
Stormwater Utility 46.0 46.0 46.0 46.0 47.0 46.0 47.0 48.0 50.049.0
Recycling 23.5 22.5 22.5 22.5 22.3 22.3 22.3 22.3 22.322.0
Marine 36.4 32.6 18.1 18.6 18.8 17.1 16.1 17.1 17.117.1
Clearwater Harbor Marina 5.6 5.6 5.6 5.65.6
Aviation 1.9 1.9 1.9 1.9 1.7 1.4 1.4 1.4 1.41.4
Parking System 20.8 20.8 20.7 20.7 20.7 31.6 31.6 30.8 30.633.7
Total 1,900.7 1,951.4 1,954.3 1,893.61,846.51,766.81,703.91,679.7 1,685.5 1,695.7
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
171
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2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Function/Program
Public safety
Fire
Stations8 8 8 8 8 8 8 8 8 8
Police
Stations 10 10 10 9 6 5 6 6 6 6
Transportation
Paved streets (miles)305 305 305 305 313 314 315 316 316320
Culture and recreation
Library system
Volumes in collection (thousands)570 565 590 601 606 606 601 598 581582
Parks and recreation
Parks acreage 1,374 1,400 1,400 1,400 1,400 1,427 1,427 1,427 1,427 1,453
Recreational paths (miles)13 14 16 16 16 16 16 16 1618
Playgrounds 32 33 33 29 29 29 27 27 2727
Baseball and softball fields 35 35 35 32 32 32 32 32 3432
Soccer and football fields 24 25 25 20 20 20 20 20 1820
Recreation centers 7 7 7 7 7 6 5 5 5 5
Water & Sewer Utility
Water mains (miles)567 568 571 575 593 592 592 591 590597
Sanitary sewer mains (miles) 363 365 368 362 362 363 363 363 363364
Daily treatment capacity
(millions of gallons)29 29 29 29 29 29 29 29 2929
Gas Utility
Gas mains (miles)753 786 816 814 821 826 830 843 849862
Stormwater Utility
Stormwater mains (miles)147 148 156 146 148 148 148 150 150151
Marine
Boat slips 209 209 209 209 207 207 207 203 189189
Clearwater Harbor Marina
Boat slips - - - - - 126 126 126 126126
Aviation
Airpark spaces 177 177 177 177 177 177 177 177 177177
Parking system
Parking spaces 3,686 3,636 3,322 3,382 3,497 3,297 2,475 a 2,460 2,319 2,232
a The decrease in parking spaces for fiscal 2011 was loss of Sand Key and a 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 and recycling functions.
Schedule 18
City of Clearwater, Florida
Capital Asset Statistics by Function/Program
Last Ten Fiscal Years
173
175
Single Audit /
Grants Compliance
Member of Kreston International – a global network of independent accounting firms
Mayer Hoffman McCann P.C.
An Independent CPA Firm
13577 Feather Sound Drive, Suite 400 Clearwater, Florida 33762
Main: 727.572.1400 Fax: 727.571.1933 www.mhm-pc.com
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
To the Honorable Mayor and City Councilmembers
City of Clearwater, Florida:
We have audited, in accordance with the auditing standards generally accepted in the United States of
America and the standards applicable to financial audits contained in Government Auditing Standards
issued by the Comptroller General of the United States, the financial statements of the governmental
activities, the business-type activities, each major fund, and the aggregate remaining fund information of
the City of Clearwater, Florida (the “City”), as of and for the year ended September 30, 2014, and the
related notes to the financial statements, which collectively comprise the City’s basic financial statements,
and have issued our report thereon dated March 31, 2015. We have also audited the financial statements
of each of the City’s non-major governmental, non-major enterprise, internal service and fiduciary funds
presented as supplementary information, as defined by the Government Accounting Standards Board, in
the accompanying combining and individual fund statements as of and for the year ended September 30,
2014, as listed in the table of contents.
Internal Control Over Financial Reporting
In planning and performing our audit of the financial statements, we considered the City’s internal control
over financial reporting (internal control) to determine the audit procedures that are appropriate in the
circumstances for the purpose of expressing our opinions on the financial statements, but not for the
purpose of expressing an opinion on the effectiveness of the City’s internal control. Accordingly, we do
not express an opinion on the effectiveness of the City’s internal control.
A deficiency in internal control exists when the design or operation of a control does not allow
management or employees, in the normal course of performing their assigned functions, to prevent, or
detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination
of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement
of the entity’s financial statements will not be prevented, or detected and corrected on a timely basis. A
significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less
severe than a material weakness, yet important enough to merit attention by those charged with
governance.
Our consideration of internal control was for the limited purpose described in the first paragraph of this
section and was not designed to identify all deficiencies in internal control that might be material
weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any
deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses
may exist that have not been identified. We did identify certain deficiencies in internal control, described
in the accompanying schedule of findings and questioned costs as Finding 2014-01 that we consider to be
a significant deficiency.
177
Compliance and Other Matters
As part of obtaining reasonable assurance about whether the City’s financial statements are free from
material misstatement, we performed tests of its compliance with certain provisions of laws, regulations,
contracts, and grant agreements, noncompliance with which could have a direct and material effect on the
determination of financial statement amounts. However, providing an opinion on compliance with those
provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The
results of our tests disclosed no instances of noncompliance or other matters that are required to be
reported under Government Auditing Standards.
City of Clearwater, Florida’s Response to Finding
The City’s response to the finding identified in our audit is described in the accompanying Schedule of
Findings and Questioned Costs. The City’s response was not subjected to the auditing procedures applied
in the audit of the financial statements, and accordingly, we express no opinion on it.
Purpose of this Report
The purpose of this report is solely to describe the scope of our testing of internal control and compliance
and the results of that testing, and not to provide an opinion on the effectiveness of the entity’s internal
control or on compliance. This report is an integral part of an audit performed in accordance with
Government Auditing Standards in considering the entity’s internal control and compliance. Accordingly,
this communication is not suitable for any other purpose.
March 31, 2015
Clearwater, Florida
178
Member of Kreston International – a global network of independent accounting firms
Mayer Hoffman McCann P.C.
An Independent CPA Firm
13577 Feather Sound Drive, Suite 400 Clearwater, Florida 33762
Main: 727.572.1400 Fax: 727.571.1933 www.mhm-pc.com
Independent Auditor’s Report on Compliance for Each Major Program
and on Internal Control Over Compliance Required by OMB Circular A-133
and Chapter 10.550, Rules of the Auditor General of the State of Florida
To the Honorable Mayor and City Councilmembers
City of Clearwater, Florida:
Report on Compliance for Each Major Federal Program and State Financial Assistance Project
We have audited the City of Clearwater, Florida’s (the “City) compliance with the types of compliance
requirements described in the OMB Circular A-133 Compliance Supplement and the requirements
described in the State of Florida Department of Financial Services State Projects Compliance Supplement
that could have a direct and material effect on each the City’s major federal programs and state financial
assistance projects for the year ended September 30, 2014. The City’s major federal programs and state
financial assistance projects are identified in the summary of auditor’s results section of the
accompanying schedule of findings and questioned costs.
Management’s Responsibility
Management is responsible for compliance with the requirements of laws, regulations, contracts, and
grants applicable to its federal programs and state financial assistance projects.
Auditor’s Responsibility
Our responsibility is to express an opinion on compliance for each of the City’s major federal programs
and state financial assistance projects based on our audit of the types of compliance requirements referred
to above. We conducted our audit of compliance in accordance with auditing standards generally accepted
in the United States of America; the standards applicable to financial audits contained in Government
Auditing Standards, issued by the Comptroller General of the United States; OMB Circular A-133, Audits
of States, Local Governments, and Non-Profit Organizations, and Chapter 10.550, Rules of the Auditor
General - Local Governmental Entity Audits. Those standards, OMB Circular A-133, and Chapter 10.550,
Rules of the Auditor General - Local Governmental Entity Audits, require that we plan and perform the
audit to obtain reasonable assurance about whether noncompliance with the types of compliance
requirements referred to above that could have a direct and material effect on a major federal program and
state financial assistance project occurred. An audit includes examining, on a test basis, evidence about
the City’s compliance with those requirements and performing such other procedures as we considered
necessary in the circumstances.
We believe that our audit provides a reasonable basis for our opinion on compliance for each major
federal program and state financial assistance project. However, our audit does not provide a legal
determination of the City’s compliance.
179
Opinion on Each Major Federal Program and State Financial Assistance Project
In our opinion, the City, complied, in all material respects, with the types of compliance requirements
referred to above that could have a direct and material effect on each of its major federal programs and
state financial assistance projects for the year ended September 30, 2014.
Report on Internal Control Over Compliance
Management of the City is responsible for establishing and maintaining effective internal control over
compliance with the types of compliance requirements referred to above. In planning and performing our
audit of compliance, we considered the City’s internal control over compliance with the types of
requirements that could have a direct and material effect on each major federal program and state
financial assistance project to determine the auditing procedures that are appropriate in the circumstances
for the purpose of expressing an opinion on compliance for each major federal program and state financial
assistance project and to test and report on internal control over compliance in accordance with OMB
Circular A-133 and Chapter 10.550, Rules of the Auditor General - Local Governmental Entity Audits,
but not for the purpose of expressing an opinion on the effectiveness of internal control over compliance.
Accordingly, we do not express an opinion on the effectiveness of the City’s internal control over
compliance.
A deficiency in internal control over compliance exists when the design or operation of a control over
compliance does not allow management or employees, in the normal course of performing their assigned
functions, to prevent, or detect and correct, noncompliance with a type of compliance requirement of a
federal program or state financial assistance project on a timely basis. A material weakness in internal
control over compliance is a deficiency, or combination of deficiencies, in internal control over
compliance, such that there is a reasonable possibility that material noncompliance with a type of
compliance requirement of a federal program or state financial assistance project will not be prevented, or
detected and corrected, on a timely basis. A significant deficiency in internal control over compliance is a
deficiency, or a combination of deficiencies, in internal control over compliance with a type of
compliance requirement of a federal program or state financial assistance project that is less severe than a
material weakness in internal control over compliance, yet important enough to merit attention by those
charged with governance.
Our consideration of internal control over compliance was for the limited purpose described in the first
paragraph of this section and was not designed to identify all deficiencies in internal control over
compliance that might be material weaknesses or significant deficiencies. We did not identify any
deficiencies in internal control over compliance that we consider to be material weaknesses. However,
material weaknesses may exist that have not been identified.
The purpose of this report on internal control over compliance is solely to describe the scope of our
testing of internal control over compliance and the results of that testing based on the requirements of
OMB Circular A-133 and Chapter 10.550, Rules of the Auditor General - Local Governmental Entity
Audits. Accordingly, this report is not suitable for any other purpose.
March 31, 2015
Clearwater, Florida
180
FY 2014
Federal Grantor / Federal
Pass-through Grantor / CFDA Program/Share of
Program Title Number Grant I.D. Number Project #Expenditures
FEDERAL AWARDS
U.S. Department of Housing and Urban Development:
Community Development Block Grant - Entitlement 14.218B-11-MC-12-0002 217,158$
14.218B-12-MC-12-0002 719,955
14.218B-13-MC-12-0002 22,639
ARRA-Neighborhood Stabilization Program 3 14.218B-11-MN-12-0031 342,810
14.218Program Income 282,908
14.218 1,585,470
14.239M-10-MC-12-0230 290,544
14.239M-11-MC-12-0230 218,809
14.239Program Income 343,793
14.239 853,146
Total U.S. Department of Housing and Urban Development 2,438,616
U.S. Department of the Interior:
Fish and Wildlife Service
Passed through Florida Dept of Environmental Protection
Clean Vessel Act - Pumpout Pump & Maintenance 15.616 DEP Agreement MV055 CVA11-615 14,942
Total U.S. Department of the Interior 14,942
U.S. Department of Justice:
Federal Forfeiture Sharing16.000FL0520300181-99387 64,752
Bureau of Justice Assistance
Edward Byrne Memorial Justice Assistance Grant Program - Report
Review Team Program
2013 16.7382013-D1-BX-0067181-9924556,631
Passed through FDLE
Edward Byrne Memorial Justice Assistance Grant Program -
Radio Headset Enhamcement Project16.7382014-JAGC-PINE-1-E5-249181-9920017,735
16.738 74,366
Total U.S. Department of Justice 139,118
U.S. Department of Transportation:
Federal Highway Administration
Passed through Florida Dept of Transportation:
Federal-Aid Highway Program - HVE for Pedestrian & Bicycle Safety20.205TWO #945-001 Contract #BDV25181-9920429,037
Passed through Florida DEP - OGT:
Recreational trails Program - Lake Chautauqua Trails20.219T1021315-93272185,242
Recreational Trails Program - Lake Belleview Trail20.219T1134315-93272181,727
20.219 366,969
Total U.S. Department of Transportation 396,006
City of Clearwater, Florida
Schedule of Expenditures of Federal Awards
and State Financial Assistance Projects
For the Year Ended September 30, 2014
181
FY 2014
Federal Grantor / Federal
Pass-through Grantor / CFDA Program/Share of
Program Title Number Grant I.D. Number Project #Expenditures
City of Clearwater, Florida
Schedule of Expenditures of Federal Awards
and State Financial Assistance Projects
For the Year Ended September 30, 2014
U.S. Environmental Protection Agency:
Congessionally mandated Projects - Clarifier Rehab 66.202XP-95478811-0 315-96654 287,528
Total U.S. Environmental Protection Agency 287,528
Corporation For National and Community Services:
Passed through FL Commission on Community Services
Americorps - 2013 94.006 181-99246 41,957
Passed through FL Commission on Community Services
Americorps - 2014 94.006 181-99244 89,084
Total Corporation for National and Community Services 94.006 131,041
Total Federal Financial Assistance 3,407,251$
182
FY 2014
State Grantor / State
Pass-through Grantor / CSFAProgram/Share of
Program TitleNumberGrant I.D. NumberProject #Expenditures (a)
STATE FINANCIAL ASSISTANCE
Florida Department of State:
Division of Cultural Affairs
Capitol Theater Restoration45.01414.9006315-936231,000,000
Total Florida Department of State 1,000,000
Florida Department of Community Affairs:
Florida Housing Finance Corporation
State Housing Initiative Partnership Program (SHIP)52.901N/AFund 191176,482
Total Florida Department of Community Affairs 176,482
Florida Department of Transportation:
Aviation Development Grants -
Install New Security Fencing and Cameras 55.004FPN:415770-1-94-01, Contract APF54315-94858 24,861
Airpark Runway/Taxiway Extension and Rehabiltation 55.004FPN:422554-1-94-01; Contract AQJ28315-94871 221,559
Maintenance Hangar Rehab 55.004FPN:425922-1-94-01; Contract ARB47315-94881 61,177
55.004 307,597
Total Florida Department of Transportation 307,597
Florida Department of Revenue:
Phillies Stadium 73.016 500,004
Total Florida Department of Revenue 500,004
Total State Financial Assistance 1,984,083$
Total Expenditures of Federal Awards
and State Financial Assistance Projects 5,391,334$
(a) Funded with State grants and aids appropriations.
City of Clearwater, Florida
Schedule of Expenditures of Federal Awards
and State Financial Assistance Projects - Continued
For the Year Ended September 30, 2014
183
184
City of Clearwater, Florida
Notes to Schedule of Expenditures of Federal Awards
and State Financial Assistance Projects
For the Year Ended September 30, 2014
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 $ 679,458
U.S. HUD Home Investment Partnerships Program 14.239 $ 198,943
Florida Housing Finance Corporation, State Housing
Initiative Partnership Program 52.901 $ 63,750
NOTE 5 – Loans Outstanding
The City had the following loan balances outstanding at September 30, 2014. 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 $ 3,275,832
14.239 Home Investment Partnership 7,441,888
52.901 State Housing Initiative Partnership 6,702,526
$ 17,420,246
Financial Statements
Type of auditor’s report issued:
Internal control over financial reporting:
-Material weakness(es) identified?YesXNo
-Significant deficiency(ies) identified that are not considered
to be material weaknesses?XYesNone reported
Noncompliance material to the basic financial statements noted?YesXNo
Federal Awards
Internal control over compliance:
-Material weakness(es) identified?YesXNo
-Significant deficiency(ies) identified that are not considered
to be material weaknesses?YesXNone reported
Type of auditor's report on compliance for major programs:
Any audit findings disclosed that are required to be reported
in accordance with Section 510(a) OMB Circular A-133?YesXNo
Identification of major programs:
U.S. Department of Housing and Urban Development:
Community Development Block Grant - Entitlement14.218
U.S. Department of Transportation
Passed through the Florida DEP - OGT
Recreational Trails Program 20.219
The threshold for distinguishing Type A and Type B programs
was $300,000 for federal programs.
Auditee qualified as low-risk auditee?XYesNo
City of Clearwater, Florida
Schedule of Findings and Questioned Costs
Year Ended September 30, 2014
Section I - Summary of Auditor’s Results
CFDA #
Unmodified
Unmodified
Name of Federal Program
State Awards
Internal control over compliance:
-Material weakness(es) identified?YesXNo
-Significant deficiency(ies) identified that are not considered
to be material weaknesses?YesXNone reported
Type of auditor’s report on compliance for major programs:
Any audit findings disclosed that are required to be reported in
accordance with Chapter 10.550?YesXNo
Identification of major programs:
Florida Department of State
Capitol Theatre Restoration45.014
Department of Revenue:
Phillies Stadium73.016
The threshold for distinguishing Type A and Type B programs
was $300,000 for state programs.
Unmodified
Name of State ProgramCSFA #
City of Clearwater, Florida
Schedule of Findings and Questioned Costs - Continued
Year Ended September 30, 2014
Significant Deficiency
City of Clearwater, Florida
Schedule of Findings and Questioned Costs - Continued
Year Ended September 30, 2014
Recommendation:ItistheresponsibilityoftheFinanceDepartmenttoproperlycapturetheexpenditures
relatedtoFederalandStateawardsontheSEFA,tocommunicatewiththeappropriatedepartmentstoensure
thattheexpenditurespertheSEFAagreetotheexpendituresperthedepartmentadministeringtheawardand
torecordtherelatedaccrualstothefinancialstatements.Asystemshouldbeputinplacetoensurethatthe
expendituresreflectedontheSEFAagreetotheexpendituresrecordedatthedepartmentlevel.
Reconciliationstothegeneralledgershouldbeperformedonatimelybasis.TheFinanceDepartmentshould
also ensure that all outstanding amounts are properly accrued in the financial statements.
Management’sResponse:Managementconcursandwillputasysteminplacetoensurethatthe
expendituresreflectedontheSEFAarereconciledtotheexpenditurescapturedatthedepartmentlevelona
timelybasis.Additionally,theFinanceDepartmentwillcommunicatewiththedepartmentsadministeringthe
awardstoensurethat,asexpendituresarereconciled,alloutstandingamountsareproperlyaccruedinthe
financial statements.
Thissectionidentifiesthesignificantdeficiencies,materialweaknesses,fraud,illegalacts,andinstancesof
noncompliancerelatedtothefinancialstatements thatarerequiredtobereportedinaccordancewith
Government Auditing Standards.
Condition:Duringtheyear-endauditprocedures,itwasnotedthatcertaingrantprogramswerenotfully
reconciledwiththegeneralledgerbalances.Weidentifiedseveralfederalandstategrantexpendituresthat
werenotproperlyincludedontheSEFAwhichincludedonefederalgrantthatincorrectlyincludedamatch.
Additionally,therewereseveralgrantswheretheexpenditureswerenotrecordedintheproper
period.incorrectly included match.
Criteria:TheCity’sSEFAshould,inaccordancewithOMBA-133andtheFloridaStateSingleAudit,
summarize the Federal and State expenditures made during the year.
CauseofCondition:LackofcommunicationbetweentheFinanceDepartmentandthedepartments
administeringthegrantstoensurethatgrantexpendituresarereportedintheproperperiodandtherelated
accruals recorded at year-end.
PotentialEffectofCondition:AsaresultoftheSEFAnotbeingreconciledtimelytothegeneralledger,
there were several amounts that were not properly accrued at year-end.
Section II - Financial Statement Findings
Finding 2014-01 - Grant Reconciliation of the Schedule of Federal Expenditures and State Financial
Assistance (SEFA) to General Ledger
Section IV - Summary of Prior Audit Findings
There were no prior audit findings for Federal or State programs.
Schedule of Findings and Questioned Costs - Continued
City of Clearwater, Florida
Year Ended September 30, 2014
Section III - Federal and State Award Findings and Questioned Costs
Thissectionidentifiessignificantdeficiencies,materialweaknesses,andmaterialinstancesof
noncompliance,includingquestionedcosts,relatedtotheauditofmajorfederalawardsandstatefinancial
assistanceprojects,asrequiredtobereportedbyOMBCircularA-133andChapter10.550,Rulesofthe
Auditor General - Local Governmental Entity Audits.
Therewerenofindingsrequiredtobereportedin accordancewithOMBCircularA-133andChapter10.550,
Rules of the Auditor General - Local Governmental Entity Audits.
There are no Federal and State Award Findings and Questioned Costs.
Member of Kreston International – a global network of independent accounting firms
Mayer Hoffman McCann P.C.
An Independent CPA Firm
13577 Feather Sound Drive, Suite 400 Clearwater, Florida 33762
Main: 727.572.1400 Fax: 727.571.1933 www.mhm-pc.com
Independent Auditor’s Management Letter
To the Honorable Mayor and City Councilmembers
City of Clearwater, Florida:
Report on the Financial Statements
We have audited the financial statements of the City of Clearwater, Florida (the “City”) as of and for the
year ended September 30, 2014, and have issued our report thereon dated March 31, 2015.
Auditor’s Responsibility
We conducted our audit in accordance with auditing standards generally accepted in the United States of
America; the standards applicable to financial audits contained in Government Auditing Standards, issued
by the Comptroller General of the United States, OMB Circular A-133, Audits of States, Local
Governments, and Non-Profit Organizations; and Chapter 10.550, Rules of the Florida Auditor General.
Other Reports and Schedule
We have issued our Independent Auditor’s Report on Internal Control over Financial Reporting and on
Compliance and Other Matters Based on an Audit of the Financial Statements Performed in Accordance
with Government Auditing Standards; Independent Auditor’s Report on Compliance for Each Major
Program and State Project and Report on Internal Control over Compliance; Schedule of Findings and
Questioned Costs; and Independent Accountant’s Report on an examination conducted in accordance with
AICPA Professional Standards, Section 601, regarding compliance requirements in accordance with
Chapter 10.550, Rules of the Auditor General. Disclosures in those reports and schedule, which are dated
March 31, 2015, should be considered in conjunction with this management letter.
Prior Audit Findings
Section 10.554(1)(i)1., Rules of the Auditor General, requires that we determine whether or not corrective
actions have been taken to address findings and recommendations made in the preceding annual financial
audit report. There were no findings or recommendations in the prior year.
Official Title and Legal Authority
Section 10.554(1)(i)4., Rules of the Auditor General, requires that the name or official title and legal
authority for the primary government and each component unit of the reporting entity be disclosed in this
management letter, unless disclosed in the notes to the financial statements. This information has been
disclosed in the notes to the financial statements
189
Financial Condition
Section 10.554(1)(i)5.a., Rules of the Auditor General, requires that we report the results of our
determination as to whether or not the City has met one or more of the conditions described in Section
210.503(1), Florida Statutes, and identification of the specific conditions met. In connection with our
audit, we determined that the city did not meet any of the conditions described in Section 218.503(1),
Florida Statutes.
Pursuant to Sections 10.554(1)(i)5.c. and 10.556(8), Rules of the Auditor General, we applied financial
condition assessment procedures. It is management’s responsibility to monitor the City’s financial
condition, and our financial condition assessment was based in part on representations made by
management and the review of the financial information provided by same.
Annual Financial Report
Section 10.554(1)(i)5.b., Rules of the Auditor General, requires that we report the results of our
determination as to whether the annual financial report for the City for the fiscal year ended
September 30, 2014, filed with the Florida Department of Financial Services pursuant to Section
218.32(1)(a), Florida Statutes, is in agreement with the annual financial audit report for the fiscal year
ended September 30, 2014. In connection with our audit, we determined that these two reports were in
agreement.
Other Matters
Section 10.554(1)(i)2., Rules of the Auditor General, requires that we address in the management letter
any recommendations to improve financial management. As noted in Finding 2014-01 in the Schedule of
Findings and Questioned Costs, the City’s Schedule of Expenditures of Federal Awards and State
Financial Assistance Projects (SEFA) was not timely reconciled to the general ledger. This resulted in
corrected SEFA’s and year-end accruals to the financial statements. We recommend that the City review
its grant reconciliation procedures to ensure that all grant expenditures are properly included on the SEFA
and that all accruals are properly recorded in the financial statements.
Section 10.554(1)(i)3., Rules of the Auditor General, requires that we address noncompliance with
provisions of contracts or grant agreements, or abuse, that may have occurred, or are likely to have
occurred, that have an effect on the financial statements that is less than material but which warrants the
attention of those charged with governance. In connection with our audit, we did not have any such
findings.
Purpose of This Letter
Our management letter is intended solely for the information and use of the Legislative Auditing
Committee, Members of the Florida Senate and the Florida House of Representatives, the Florida Auditor
General, Federal and other granting agencies, the Mayor, City Council, and applicable management and is
not intended to be and should not be used by anyone other than these specified parties.
March 31, 2015
Clearwater, Florida
190
Appendix A
191
CITY OF CLEARWATER, FLORIDA
Appendix A – Management Letter Comments
September 30, 2014
Current Year Recommendations:
2014-01: Schedule of Findings and Questioned Costs
Observation: During the Single Audit, it was noted that the City’s Schedule of Expenditures of Federal
Awards and State Financial Assistance Projects (SEFA) was not timely reconciled to the general ledger.
This resulted in corrected SEFA’s and year-end accruals to the financial statements.
Recommendation: We recommend that the City review its grant reconciliation procedures to ensure
that all grant expenditures are properly included on the SEFA and that all accruals are properly recorded
in the financial statements.
Management Response: Management concurs and will put a system in place to ensure that the
expenditures reflected on the SEFA reconcile to the expenditures captured at the department level.
Additionally, the Finance Department will communicate with the departments administering the awards
to ensure that, as expenditures are reconciled, all outstanding amounts are properly accrued in the
financial statements.
Follow Up on Prior Year Recommendations:
There were no prior year recommendations.
Member of Kreston International – a global network of independent accounting firms
Mayer Hoffman McCann P.C.
An Independent CPA Firm
13577 Feather Sound Drive, Suite 400 Clearwater, Florida 33762
Main: 727.572.1400 Fax: 727.571.1933 www.mhm-pc.com
Independent Accountant’s Report
To the Honorable Mayor and City Councilmembers
City of Clearwater, Florida:
We have examined the City of Clearwater, Florida’s (the “City”) compliance with requirements set forth
in Section 218.415, Florida Statutes, during the year ended September 30, 2014. Management is
responsible for the City’s compliance with those requirements. Our responsibility is to express an opinion
on the City’s compliance based on our examination.
Our examination was conducted in accordance with attestation standards established by the American
Institute of Certified Public Accountants and, accordingly, included examining, on a test basis, evidence
supporting the City’s compliance with those requirements and performing such other procedures as we
considered necessary in the circumstances. We believe that our examination provides a reasonable basis
for our opinion. Our examination does not provide a legal determination on the City’s compliance with
specified requirements.
In our opinion, the City complied, in all material respects, with the aforementioned requirements for the
year ended September 30, 2014.
March 31, 2015
Clearwater, Florida
193
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ID#15-1162
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: Action ItemIn Control: Economic Development & Housing
Agenda Number: 3.1
SUBJECT/RECOMMENDATION:
Approve the City of Clearwater’s State Housing Initiatives Partnership (SHIP) Program Local
Housing Assistance Plan covering Fiscal Years 2015-2018, authorize the appropriate officials
to execute same, and adopt Resolution 15-05.
SUMMARY:
Florida statute 420.9079 requires counties and cities receiving State Housing Initiatives
Partnership (SHIP) Program funds to develop a 3-year Local Housing Assistance Plan (LHAP)
outlining strategies for how the funds will be utilized.
The City receives its allocation from the State of Florida through Florida Housing Finance
Corporation (FHFC). For fiscal year 2014-2015, the City received $499,545 in SHIP funds.
The City expects to receive $128,960 in program income. The City expends SHIP funds per
the strategies outlined in the LHAP. Our current LHAP covers state fiscal years 2012-2015.
This new LHAP will cover state fiscal years 2015-2018. The strategies outlined in the new
LHAP are a continuation of our current LHAP. All changes made within the 2015-2018 LHAP
will be retroactive to the 2012-2015 LHAP to be able to use prior year funds if available. The
strategies Include:
·Acquisition of Existing Homes with Rehabilitation: This program provides funds to
community-based non-profits to acquire rehabilitate and resell single- family housing
units. The community land trusts principles may be utilized.
·Down Payment and Closing Costs Assistance With or Without Rehabilitation: The City
will use SHIP funds to provide down payment and closing costs assistance to eligible
homebuyers purchasing new or existing homes.
·Owner-occupied Rehabilitation: The City will provide funds for the rehabilitation of
owner-occupied single-family residences.
·Multi-Family Housing: The City will provide SHIP funds to support the acquisition,
rehabilitation and new construction of rental housing.
·New Construction Program: This program provides funds to eligible developers and
sub-recipients for the development of new housing units.
·Disaster Mitigation: In the case of natural or man-made disasters, this strategy will
utilize SHIP funding for emergency or interim repairs.
Per Florida Statute, the City Council is being asked to adopt by resolution the LHAP for state
fiscal years 2015-2018. The LHAP is due to the State on May 2, 2015.
APPROPRIATION CODE AND AMOUNT:
N/A
USE OF RESERVE FUNDS:
Page 1 City of Clearwater Printed on 4/9/2015
File Number: ID#15-1162
N/A
Page 2 City of Clearwater Printed on 4/9/2015
SHIP LHAP Template 2015
Revised Date: 10/2014
CITY OF CLEARWATER
SHIP LOCAL HOUSING ASSISTANCE PLAN (LHAP)
2015-2016, 2016-2017, and 2017-2018
ECONOMIC DEVELOPMENT & HOUSING DEPARTMENT
APRIL 2015
1
SHIP LHAP Template 2015
Revised Date: 10/2014
Table of Contents
Title Page #:
Section I.
General Program Description: 3
Section II.
LHAP Strategies:
A: New Construction 8
B: Acquisition of Existing Homes with Rehabilitation 11
C: Down Payment Assistance for Existing Homes without Rehabilitation 14
D: Owner-Occupied Rehabilitation 16
E: Multi-Family Housing 19
F: Disaster Mitigation Strategy 21
Section III.
LHAP Incentive Strategies:
A: Expedited Permitting 22
B: Ongoing Review Process 22
C: The allowance of flexibility densities for affordable housing 23
D: The reduction of parking setback requirements for affordable housing 23
E: The allowance of flexible lot configurations, including zero-lot-line configuration for 24
affordable
F: The preparation of a printed inventory of locally-owned public lands suitable for affordable 24
Housing
G: The support of development near transportation hubs, and major employment centers 25
and mixed-used development
2
SHIP LHAP Template 2015
Revised Date: 10/2014
Section IV.
Exhibits:
Exhibit A: Administrative Budget for each fiscal year covered in the Plan 27
Exhibit B: Deadlines for Encumbrances and Expenditures 28
Exhibit C: Housing Delivery Goals Charts (HDGC) for each fiscal year covered in the Plan 31
Exhibit D: Certification Page 34
Exhibit E: Adopting Resolution 36
Exhibit F: Information Sheet 38
3
SHIP LHAP Template 2015
Revised Date: 10/2014
I. General Program Description:
A. Name of the participating local government and Interlocal if Applicable:
_____CITY OF CLEARWATER_______________________________________
Interlocal: Yes _______ No ____X___
If “Yes”, name of participating local government(s) in the Interlocal Agreement;
__________________________________________________________
A copy of the Interlocal Agreement must be attached as Exhibit H.
B. Purpose of the program:
Creation of the Plan is for the purpose of:
1. To meet the housing needs of the very low, low and moderate income households;
2. to expand production of and preserve affordable housing; and
3. to further the housing element of the local government comprehensive plan specific to
affordable housing
C. Fiscal years covered by the Plan: 2015-2016, 2016-2017 and 2017-2018
D. Governance:
The SHIP Program is established in accordance with Section 420.907-9079,
Florida Statutes and Chapter 67-37, Florida Administrative Code.
Cities and Counties must be in compliance with these applicable statutes, rules and any
additional requirements as established through the Legislative process.
E. Local Housing Partnership:
The SHIP Program encourages building active partnerships between government,
lenders, builders and developers, real estate professionals, advocates for low-
income persons and community groups.
F. Leveraging:
The Plan is intended to increase the availability of affordable residential units by combining
local resources and cost saving measures into a local housing partnership and using public
and private funds to reduce the cost of housing. SHIP funds may be leveraged with or used
to supplement other Florida Housing Finance Corporation programs and to provide local
match to obtain federal housing grants or programs.
G. Public Input:
Public input was solicited through face to face meetings with housing providers, social
service providers and local lenders and neighborhood associations. Public input was
solicited through the local newspaper in the advertising of the Local Housing Assistance
Plan and the Notice of Funding Availability.
H. Advertising and Outreach:
4
SHIP LHAP Template 2015
Revised Date: 10/2014
SHIP funding availability shall be advertised in a newspaper of general circulation and
periodicals serving ethnic and diverse neighborhoods, at least 30 days before the beginning
of the application period. If no funding is available due to a waiting list, no notice of funding
availability is required.
I. Discrimination:
In accordance with the provisions of ss.760.20-760.37, it is unlawful to discriminate on the
basis of race, color, religion, sex, national origin, age, handicap, or marital status in the
award application process for eligible housing.
J. Support Services and Counseling:
Support services are available from various sources. Available support services may
include but are not limited to: Homeownership Counseling (Pre and Post), Credit
Counseling, Tenant Counseling and Transportation.
K. Purchase Price Limits:
The sales price or value of new or existing eligible housing may not exceed 90% of the
average area purchase price in the statistical area in which the eligible housing is located.
Such average area purchase price may be that calculated for any 12-month period beginning
not earlier than the fourth calendar year prior to the year in which the award occurs. The
sales price of new and existing units, which can be lower but may not exceed 90% of the
median area purchase price established by the U.S. Treasury Department or as described
above.
The methodology used is:
_X___ U.S. Treasury Department
_____ Local HFA Numbers
The purchase price limit for new and existing homes is shown on the Housing Delivery
Goals Charts.
L. Income Limits, Rent Limits and Affordability:
The Income and Rent Limits used in the SHIP Program are updated annually by the
Department of Housing and Urban Development and posted at www.floridahousing.org.
Affordable means that monthly rents or mortgage payments including taxes and insurance do
not exceed 30 percent of that amount which represents the percentage of the median annual
gross income for the households as indicated in Sections 420.9071, F.S. However, it is not
the intent to limit an individual household’s ability to devote more than 30% of its income
for housing, and housing for which a household devotes more than 30% of its income shall
be deemed Affordable if the first institutional mortgage lender is satisfied that the household
can afford mortgage payments in excess of the 30% benchmark and in the case of rental
housing does not exceed those rental limits adjusted for bedroom size.
M. Welfare Transition Program:
Should an eligible sponsor be used, a qualification system and selection criteria for
applications for Awards to eligible sponsors shall be developed, which includes a description
that demonstrates how eligible sponsors that employ personnel from the Welfare Transition
Program will be given preference in the selection process.
5
SHIP LHAP Template 2015
Revised Date: 10/2014
N. Monitoring and First Right of Refusal:
In the case of rental housing, the staff and any entity that has administrative authority for
implementing the local housing assistance plan assisting rental developments
shall annually monitor and determine tenant eligibility or, to the extent another governmental
entity provides the same monitoring and determination, a municipality, county or local
housing financing authority may rely on such monitoring and determination of tenant
eligibility. However, any loan or grant in the original amount of $3,000 or less shall not be
subject to these annual monitoring and determination of tenant eligibility requirements.
Tenant eligibility will be monitored annually for no less than 15 years or the term of
assistance whichever is longer unless as specified above.
Eligible sponsors that offer rental housing for sale before 15 years or that have
remaining mortgages funded under this program must give a first right of refusal to
eligible nonprofit organizations for purchase at the current market value for
continued occupancy by eligible persons.
O. Administrative Budget:
A line-item budget of proposed Administrative Expenditures is attached as Exhibit A.
_City of Clearwater finds that the moneys deposited in the local housing assistance trust fund
shall be used to administer and implement the local housing assistance plan.
Section 420.9075 Florida Statute and Chapter 67-37, Florida Administrative Code,
states:
“A county or an eligible municipality may not exceed the 5 percent limitation on
administrative costs, unless its governing body finds, by resolution, that 5 percent of the local
housing distribution plus 5 percent of program income is insufficient to adequately pay the
necessary costs of administering the local housing assistance plan.”
Section 420.9075 Florida Statute and Chapter 67-37, Florida Administrative Code,
further states:
“The cost of administering the program may not exceed 10 percent of the local housing
distribution plus 5 percent of program income deposited into the trust fund, except that small
counties, as defined in s. 120.52(17), and eligible municipalities receiving a local housing
distribution of up to $350,000 may use up to 10 percent of program income for
administrative costs.”
The Clearwater City Council has adopted the above findings in the resolution attached as
Exhibit E.
P. Program Administration:
Administration of the local housing assistance plan will be wholly performed and maintained by
the __CITY OF CLEARWATER .
Or
A third party entity or consultant will be contracted for all of part of the administrative of the
program. The name of the entity is: _______________________________________. The
administrative duties they will provide are:
Q. Essential Service Personnel Definition (required): Persons whose household income do not
exceed 120% of AMI, as updated annually from the Department of Urban Development and
distributed annually by the Florida Housing Corporation and adjusted for family size, including:
teachers and educators, other school district and university employees, police and fire personnel;
6
SHIP LHAP Template 2015
Revised Date: 10/2014
health care personnel, construction industry personnel; Federal, State, County, and local
government personnel, information technology industry personnel, food service personnel;
service personnel, retail workers, tourism industry personnel; the occupation in demand with the
most employees, the occupations in demand gaining the most new jobs according to the Agency
of Workforce Innovation (AWI); and personnel in other industries deemed essential by the City
of Clearwater based on the local economy.
R. Describe efforts to incorporate Green Building and Energy Saving products and processes
(required):
The City of Clearwater promotes the use of green housing construction and rehabilitation
techniques. The City created a Plan called “Green Print” to address this citywide.
Below are excerpts from the City’s Comprehensive Plan:
C.1.10 Objective – Recognizing that sustainable building techniques contribute to keeping
housing units affordable over the long term by reducing energy consumption, lowering utility
bills and decreasing maintenance costs, the City of Clearwater will promote the use of green
housing construction and renovation and rehabilitation techniques.
Policies:
C.1.10.1 Encourage affordable housing projects that are constructed consistent with US Green
Building Council’s (USGBC) Leadership in Energy and Environmental Design (LEED)
principles or Florida Green Building Coalition’s (FGBC) Green Land Development and Building
Standards.
C.1.10.2 Encourage construction of efficient and lasting homes by developing Green Building
standards, using resources such as those available through Global Green USA.
C.1.10.3 Provide “green building information” to local area housing providers.
C.1.10.4 Work with the local chapter of the USGBC to provide information regarding LEED
renovation techniques at Neighborhood Week and other outreach events.
C.1.10.5 Develop prototypical xeriscape plans that can be provided to local area housing non-
profits and neighborhood associations.
Community Sustainability Plan
Clearwater Greenprint is a community sustainability plan that identifies a series of tangible
actions across eight topic areas that have the potential to reduce energy consumption, pollution
and greenhouse gas (GHG) emissions while stimulating the local economy and improving the
quality of life. The topic areas include education and awareness, green energy and buildings,
transportation, land use and urban form, water resources, waste management, food production,
and green business and jobs. Through creating and implementing Clearwater Greenprint, the
City of Clearwater government is leading a community-wide effort to understand the challenges
of today with a view toward creating a sustainable future. The strategies included in Clearwater
Greenprint provide a framework for government, resident and business actions in the short,
medium and long term.
7
SHIP LHAP Template 2015
Revised Date: 10/2014
In addition to the City’s comprehensive plan, the department applies green principles in all new
construction and rehabilitation projects. The City’s specifications for new and existing homes
are tailored to meet green standards. Whenever repairs are necessary and performed on a house,
green initiatives will be used to include, but not be limited to, low E windows, insulation is
minimum R30, exterior doors are insulated, all windows and doors seals are in place, hot water
heater is in good condition and operating properly and attic has proper ventilation to better
control temperatures.
Section II. LHAP Strategies:
A.
Strategy Name-NEW CONSTRUCTION 10
a. Summary of the Strategy:
The City of Clearwater through eligible developers and sub-recipients may use SHIP
funds for the development of new housing units. The costs may include acquisition,
site improvement and building costs to include innovative design and green
principles. The City’s specifications for new homes are tailored to meet green
standards.
The City may use SHIP funds as a match for the HOME program to loan funds to
eligible developers for the construction of new housing units, and in some cases,
acquisition of vacant properties and infrastructure costs for new housing
development. Assistance will be repaid when the unit is sold to an eligible buyer.
The City of Clearwater through its housing programs and through its sub-recipients
may also provide funds to assist eligible very-low to moderate-income homebuyers
of the new housing units with down payment and closing costs, including, but not be
limited to, prepaid items such as prepaid interest, hazard and flood insurance.
Interest rate buy-downs will also be an eligible activity under this strategy. To
qualify for assistance, applicants must be able to obtain a first mortgage from a
licensed lending institution. This first mortgage cannot exceed a term of 30-year
with a fixed-rate. The Buyer must contribute a minimum of two percent (2%) of the
purchase price of the home or a combination of borrower’s sweat equity and
contribution. This must be the Buyer’s own funds and cannot be from a gift or from
costs paid by the Seller. All Buyers must have completed at least eight (8) hours of
homebuyer education through a HUD-approved housing counseling agency.
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b. Fiscal Years Covered:
2015-2016, 2016-2017 and 2017-2018
c. Income Categories to be served:
This strategy will serve all eligible homebuyers with income at or below 120% of
the area median income, adjusted for family size as published annually by the
United States Department of Housing and Urban Development (HUD) and
distributed by Florida Housing Finance Corporation.
d. Maximum award:
See Exhibit C: Housing Delivery Goal Charts for maximum awards for FY 2015-
2016, 2016-2017, 2017-2018
e. Terms of the award: Interest Rate, Repayment (hard pay, forgiveness),
Recapture and Default.
Zero percent (0%) second or third mortgages will be available to eligible
homebuyers of the new housing units for down payment and closing costs assistance
with the following stipulations:
• The assistance would be deferred for 30 years with full forgiveness at the
end of the deferred period, if no default occurs.
• Loans will be secured by a Mortgage and Note and recorded in the public
records of Pinellas County until satisfied.
• The loan becomes due and payable if one of the following occurs:
-Upon sale or transfer of title
-Property is vacated and no longer the primary residence of the borrower
-Property is converted into rental unit
-Any refinancing with cash out or debt consolidation
The City has determined the following terms and provisions for program income
versus recaptured funds:
• Program Income: is a source of SHIP revenue received from the following
sources: bank interest, amortized loan payments and any associated interest
and penalties, loan proceeds due to repayment of a loan under condition of
refinancing, death of recipient, sale or transfer of title, foreclosure, tax deed
sale, property is no longer the client’s primary residence and property is not
maintained to housing standards.
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• Recaptured Funds: Money recouped from eligible sponsors when SHIP
funds are spent but no tangible housing is provided.
f. Recipient Selection Criteria:
Assistance is provided on a first-come, first-qualified, first-served basis while funds
remain available. All recipients will be income eligible and will be selected using
the housing pool underwriting guidelines, policies and procedures. Should funds not
be available at any time, a City created “Waiting List” will be utilized and eligible
clients will be assisted when funds are available.
To qualify for assistance, an eligible participant must meet the following
requirements:
• The applicant is not required to be a First-Time Homebuyer to qualify for
assistance, but they cannot own a property at the time of closing. In addition,
Households that have been assisted with City funds within the past five (5) years
are ineligible to receive funding again through any of the Housing Division’s
Programs, unless there is some form of “hardship” as defined below. Hardship
determination will be determined and approved on a case-by-case basis by the
Director of the Department. Examples of hardship: Divorce, Permanent layoff,
physical or mental disability, fire, flood or natural disaster, death of a family
member.
g. Sponsor Selection Criteria and duties, if applicable:
All program sponsors or sub-recipients will be selected using the City’s
Consolidated Action Plan Application. Eligible sponsors or sub-recipients that
provide assistance under this program will be required to contractually commit and
comply with all SHIP program requirements.
Criteria include:
• The not-for-profit corporation must have received a tax-exempt ruling from
the Internal Revenue Service (IRS) under section 501 c (3) of the Internal
Revenue Code.
• The not-for-profit corporation must be organized and established under the
laws of the State of Florida.
• The not-for-profit or for-profit corporation must have financial
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accountability standards that permit the Economic Development & Housing
Department to verify organizational capacity for projects.
• The not-for-profit or for-profit corporation must have experience in
providing housing assistance and/or development appropriate to this
strategy.
h. Additional Information:
Other state, federal, county, private and homeowners contributions may be leveraged
with SHIP funds. Mobile homes are not eligible for assistance.
B.
Strategy Name- ACQUISITION OF EXISTING HOMES WITH REHABILITATION 1
a. Summary of the Strategy:
The City of Clearwater through eligible developers and sub-recipients may use SHIP
funds to acquire, rehabilitate and resell single-family housing units. The costs may
include acquisition, rehabilitation (to include innovative design and green principles)
and other costs associated with the resale of the single-family unit.
The City may use SHIP funds as a match for the HOME program to loan funds to
eligible developers and sub-recipients for the acquisition and rehabilitation of
existing housing units. Assistance will be repaid when the unit is sold to an eligible
buyer.
Under this strategy, Community Land Trusts principles may be utilized. The
community land trusts become the stewards of land and maintain it permanently
beginning with a ninety-nine year, renewable ground lease. The homebuyers only
own their home and sign a long-term lease on the land their home sits on. This
ensures the affordability of the home because the homebuyer only obtains a
mortgage on the structure.
The City of Clearwater through its housing programs and through its sub-recipients
may use SHIP funds to provide down payment and closing costs assistance to
eligible very-low to moderate-income homebuyers of rehabilitated homes. To
qualify for assistance, applicants must be able to obtain a first mortgage from a
licensed lending institution. This first mortgage cannot exceed a term of 30 years
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with a fixed-rate. The Buyer must contribute a minimum of two percent (2%) of the
purchase price of the home or a combination of borrower’s sweat equity and
contribution. This must be the Buyer’s own funds and cannot be from a gift or from
costs paid by the Seller. All Buyers must have completed at least eight (8) hours of
homebuyer education through a HUD-approved housing counseling agency.
b. Fiscal Years Covered:
2015-2016, 2016-2017 and 2017-2018
c. Income Categories to be served:
This strategy will serve all eligible homebuyers with income at or below 120% of
the area median income, adjusted for family size as published annually by the
United States Department of Housing and Urban Development (HUD) and
distributed by Florida Housing Finance Corporation.
d. Maximum award:
See Exhibit C: Housing Delivery Goal Charts for maximum awards for FY 2015-
2016, 2016-2017, 2017-2018
e. Terms of the award: Interest Rate, Repayment (hard pay, forgiveness),
Recapture and Default.
Zero percent (0%) second or third mortgages will be available to eligible
homebuyers for down payment and closing costs assistance with the following
stipulations:
• The assistance is deferred for five (5) years with monthly payments
commencing at the end of the deferred period and amortized over fifteen
(15) years.
• The City’s loan term is not to exceed thirty (30) years
• Loans will be secured by a Mortgage and Note and recorded in the public
records of Pinellas County, Florida until satisfied
• The loan becomes due and payment if one of the following occurs:
-Upon sale or transfer of title
-Property is vacated and no longer the primary residence of the borrower
-Property is converted into a rental unit
-Any refinancing with cash out or debt consolidation
f. Recipient Selection Criteria:
Assistance is provided on a first-come, first-qualified, first-served basis while funds
remain available. All recipients will be income eligible and will be selected using
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the housing pool underwriting guidelines, policies and procedures. Should funds not
be available at any time, a City created “Waiting List” will be utilized and eligible
clients will be assisted when funds are available. .
To qualify for assistance, an eligible participant must meet the following
requirements:
• The applicant is not required to be a First-Time Homebuyer to qualify for
assistance, but they cannot own a property at the time of closing. In addition,
households that have been assisted with City funds within the past five (5) years
are ineligible to receive funding again through any of the Housing Division’s
Programs, unless there is some form of “hardship” as defined below. Hardship
determination will be determined and approved on a case-by-case basis by the
Director of the Department. Examples of hardship: Divorce, Permanent layoff,
physical or mental disability, fire, flood or natural disaster, death of a family
member.
g. Sponsor Selection Criteria and duties, if applicable: All program sponsors or
sub-recipients will be selected using the City’s Consolidated Action Plan
Application. Eligible sponsors or sub-recipients that provide assistance under this
program will be required to contractually commit and comply with all SHIP
program requirements.
Criteria include:
• The not-for-profit corporation must have received a tax-exempt ruling from
the Internal Revenue Service (IRS) under section 501 c (3) of the Internal
Revenue Code
• The not-for-profit corporation must be organized and established under the
laws of the State of Florida
• The not-for-profit or for-profit corporation must have financial
accountability standards that permit the Economic Development & Housing
Department to verify organizational capacity for project
• The not-for-profit or for-profit corporation must have experience in
providing housing assistance and/or development appropriate to this
strategy.
h. Additional Information:
Other state, federal, county, private and homeowners contributions may be leveraged
with SHIP funds. Mobile homes are not eligible for assistance.
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C.
Strategy Name-DOWN PAYMENT AND CLOSING COSTS ASSISTANCE FOR EXISTING
HOMES WITHOUT REHABILITATION
2
a. Summary of the Strategy:
The City of Clearwater through its housing programs and through its sub-recipients
will use SHIP funds to provide down payment and closing costs assistance to
eligible very-low to moderate-income homebuyers of existing homes. To qualify for
assistance, applicants must be able to obtain a first mortgage from a licensed lending
institution. This first mortgage cannot exceed a term of 30 years with a fixed-rate.
The Buyer must contribute a minimum of two percent (2%) of the purchase price of
the home or a combination of borrower’s sweat equity and contribution.
This must be the Buyer’s own funds and cannot be from a gift or from costs paid by
the Seller. All Buyers must have completed at least eight (8) hours of homebuyer
education through a HUD-approved housing counseling agency.
b. Fiscal Years Covered:
2015-2016, 2016-2017 and 2017-2018
c. Income Categories to be served:
This strategy will serve all eligible homebuyers with income at or below 120% of
the area median income, adjusted for family size as published annually by the
United States Department of Housing and Urban Development (HUD) and
distributed by Florida Housing Finance Corporation.
d. Maximum award:
See Exhibit C: Housing Delivery Goal Charts for maximum awards for FY 2015-
2016, 2016-2017, 2017-2018
e. Terms of the award: Interest Rate, Repayment (hard pay, forgiveness), Recapture
and Default.
Zero percent (0%) second or third mortgages will be available to eligible
homebuyers for down payment and closing costs assistance with the following
stipulations:
• The assistance is deferred for five (5) years with monthly payments
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commencing at the end of the deferred period and amortized over fifteen
(15) years.
• The City’s loan term is not to exceed thirty (30) years
• Loans will be secured by a Mortgage and Note and recorded in the public
records of Pinellas County, Florida until satisfied
• The loan becomes due and payment if one of the following occurs:
-Upon sale or transfer of title
-Property is vacated and no longer the primary residence of the borrower
-Property is converted into a rental unit
-Any refinancing with cash out or debt consolidation
f. Recipient Selection Criteria:
Assistance is provided on a first-come, first-qualified, first-served basis while funds
remain available. All recipients will be income eligible and will be selected using
the housing pool underwriting guidelines, policies and procedures. Should funds not
be available at any time, a City created “Waiting List” will be utilized and eligible
clients will be assisted when funds are available.
To qualify for assistance, an eligible participant must meet the following
requirements:
• The applicant is not required to be a First-Time Homebuyer to qualify for
assistance, but they cannot own a property at the time of closing. In addition,
households that have been assisted with City funds within the past five (5) years
are ineligible to receive funding again through any of the Housing Division’s
Programs, unless there is some form of “hardship” as defined below. Hardship
determination will be determined and approved on a case-by-case basis by the
Director of the Department. Examples of hardship: Divorce, Permanent layoff,
physical or mental disability, fire, flood or natural disaster, death of a family
member.
g. Sponsor Selection Criteria and duties, if applicable:
All program sponsors or sub-recipients will be selected using the City’s
Consolidated Action Plan Application. Eligible sponsors or sub-recipients that
provide assistance under this program will be required to contractually commit and
comply with all SHIP program requirements.
Criteria include:
• The not-for-profit corporation must have received a tax-exempt ruling from
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the Internal Revenue Service (IRS) under section 501 c (3) of the Internal
Revenue Code
• The not-for-profit corporation must be organized and established under the
laws of the State of Florida
• The not-for-profit or for-profit corporation must have financial
accountability standards that permit the Economic Development & Housing
Department to verify organizational capacity for project
• The not-for-profit or for-profit corporation must have experience in
providing housing assistance and/or development appropriate to this
strategy.
h. Additional Information:
All properties being purchased must meet the HUD livability standards. An inspection is
required to verify that the property meets applicable safety/code requirements. If repairs are
required to bring a property up to HUD livability standards and the cost for the repairs
exceed $1,000.00, the property will coded as down payment and closing costs with
rehabilitation. If the seller can provide documentation to show that property had repairs over
$1,000.00 completed within the past twelve (12) months the property will also be coded as
down payment and closing cost assistance with rehabilitation.
Mobile homes are not eligible for assistance.
D.
Strategy Name OWNER-OCCUPIED REHABILITATION Code 3
a. Summary of the Strategy:
The City of Clearwater will provide funds for the rehabilitation of owner-
occupied single-family residences located within the city limits of Clearwater.
The City will award funds for the rehabilitation of owner-occupied, income-
eligible households on a first-come, first-eligible, first-served preference. Funds
for assistance may be used by the homeowner for housing rehabilitation such as,
but not limited to, the following:
• Correct housing code deficiencies
• Adapt the residence to meet accessibility needs of a disabled family
member
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In certain cases, the work may be done as emergency repairs. In those cases
where the health, safety and welfare of the household are in jeopardy, they shall
receive priority. Such things that are considered “emergency repairs” are:
• Structural components that show signs of imminent collapse
• Inoperable heating systems during the winter months
• Water leaks in walls or foundation
• Roof leaks causing electrical hazards, ceiling collapse or structural
damage
• Inoperable exterior doors and/or windows, preventing emergency
egress
• Falling ceiling
• Lead-based paint
• ADA modifications of an immediate nature
Funding will also be made available to modify special needs or elderly
household homes that need renovations to allow them to remain independent in
their homes, and prevent them from having to move into an assisted living type
arrangement. Improvements may include things as:
• Wheel chair ramps
• Widening of doorways
• Lowering of cabinets
• Installation of grab-bars
• Visual guiding systems for the hearing impaired
b. Fiscal Years Covered:
2015-2016, 2016-2017 and 2017-2018
c. Income Categories to be served:
The strategy will serve all eligible recipients with income at or below 120% of
the area median income, adjusted for family size as published annually by the
United States Department of Housing and Urban Development (HUD) and
distributed by Florida Housing Finance Corporation.
d. Maximum award:
Maximum award is noted on the Housing Delivery Goal Charts.
e. Terms of the award: Interest Rate, Repayment (hard pay, forgiveness),
Recapture and Default.
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Zero percent (0%) or deferred payment first, second or third mortgages will be
available to eligible recipients. Deferred payment loans will be offered in the
form of zero (0%) percent loans to households who are thirty percent (30%) or
less of the Area Median Income (AMI). For households above thirty (30%) of
the Area Median Income (AMI), the borrowers will be evaluated for their ability
to repay the assistance. If a borrower’s income is over thirty (30%) of AMI, the
borrower will be evaluated to ensure that the housing ratio does not exceed
thirty (30%) of the household income. For borrowers repaying the rehabilitation
loan, the payments will be deferred for the length of the construction contract
period, not to exceed one hundred and twenty (120) days and amortized over a
twenty-year period at zero (0%) interest. Loans will be secured by a Mortgage
and Note and recorded in the public records of Pinellas County until satisfied.
As stipulated in the City’s loan documents:
• The loan becomes due and payable if one of the following occurs:
-Upon sale or transfer of title
-Property is vacated and no longer the primary residence of the borrower
-Property is converted into rental unit
-Any refinancing with cash out or debt consolidation
f. Recipient Selection Criteria:
Assistance is provided on a first-come, first-qualified, first-served basis while funds
remain available. All recipients will be income eligible and will be selected using
the housing pool underwriting guidelines, policies and procedures. Should funds not
be available at any time, a City created “Waiting List” will be utilized and eligible
clients will be assisted when funds are available.
g. Sponsor Selection Criteria and duties, if applicable: N/A
h. Additional Information:
The City will incorporate energy-efficient improvements to reduce energy costs and
hurricane standards will be used when replacing windows and doors based on
funding availability. Specific improvements include, but are not limited to:
• Installation of energy-efficient doors and windows
• Replacement of heating and/or cooling systems with high energy-efficiency
units
• Installing R30 insulation
• Energy star appliances and water heater
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• Low consumption toilets and faucets
• Bracing and strapping
Mobile homes are not eligible for assistance.
E.
Strategy Name-MULTI-FAMILY HOUSING 14
a. Summary of the Strategy:
Funds may be provided as loans to support the acquisition, rehabilitation and or new
construction of multi-family housing, including single-room occupancy, transitional
housing, or the housing portion of a mixed-use facility and or mixed-income
projects. Funds may be used as a match for U.S. Department of Housing and Urban
Development’s HOME program and various other programs offered by the federal
government and the State of Florida to construct and preserve multi-family housing.
b. Fiscal Years Covered:
2015-2016, 2016-2017 and 2017-2018
c. Income Categories to be served:
This strategy will serve all eligible recipients with income at or below 120% of the
area median income, adjusted for family size as published annually by the United
States Department of Housing and Urban Development (HUD) and distributed by
Florida Housing Finance Corporation.
d. Maximum award:
See Exhibit C: Housing Delivery Goal Charts for maximum awards for FY 2015-
2016, 2016-2017, 2017-2018
e. Terms of the award: Interest Rate, Repayment (hard pay, forgiveness),
Recapture and Default.
Recapture will be in compliance with the SHIP Program requirements to ensure
affordability. When HOME funds are used with SHIP funds, the most restrictive
rules and regulations will apply. In accordance with the City’s policy, the terms of
the City’s funding for multi-family acquisition, rehabilitation or new construction
developments will vary from project to project, depending on the economics of the
development.
Loans for eligible rental housing constructed, rehabilitated or otherwise assisted
under this strategy must be reserved for eligible persons for at least the term of the
assistance. A restrictive covenant will be recorded to ensure that units remain
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affordable for the prescribed period of time. The City, eligible sponsor or appointed
designee, shall annually monitor and determine tenant eligibility throughout the
compliance. For those developments that Florida Housing Finance provides the
same monitoring and determination, the City may rely on such monitoring and
determination of tenant eligible.
Eligible sponsors that offer rental housing for sale before the end of the compliance
period or that have remaining mortgages funded under this strategy must give a right
of first refusal to the City or eligible not-for-profit organizations for purchase at the
current market value for the continued occupancy of eligible persons.
All funds are deposited into the Local Housing Trust Fund and reported as Program
Income or Recaptured Funds in the State Fiscal year they are received as appropriate
for Annual Reporting purposes.
f. Recipient Selection Criteria:
The SHIP -assisted units in a rental housing project will be occupied only by
households that are verified as very-low to moderate-income families. Maximum
monthly rent limits will be those established annually by HUD.
g. Sponsor Selection Criteria and duties, if applicable: Eligible sponsors will be
selected using the City’s Consolidated Action Plan Application. Eligible persons,
sponsors or sub-recipients that provide assistance under this program will be
required to contractually commit and comply with all SHIP program requirements.
Criteria include:
• The not-for-profit corporation must have received a tax-exempt ruling from
the Internal Revenue Service (IRS) under section 501 c (3) of the Internal
Revenue Code
• The not-for-profit corporation must be organized and established under the
laws of the State of Florida
• The not-for-profit or for-profit corporation must have financial
accountability standards that permit the Economic Development & Housing
Department to verify organizational capacity for project
• The not-for-profit corporation must have experience in development
appropriate to this strategy
h. Additional Information:
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F.
Strategy Name-DISASTER MITIGATION STRATEGY 5
a. Summary of the Strategy:
In the case of natural or man-made disasters, priorities will need to be changed to
meet emergency conditions. This strategy will only be used if a disaster, or a
declaration by the State of Florida and/or federal government of a disaster. SHIP
funds will be used to leverage available federal, state and insurance funds to provide
assistance to eligible households for the purpose of repairing eligible housing. Use
of funds would be available for the following activities:
• Purchase of emergency supplies to waterproof damaged homes
• Interim repairs to avoid further damage, such as tree and debris removal
• Payment of insurance deductibles for rehabilitation of homes covered under
homeowners’ insurance policies.
b. Fiscal Years Covered:
2015-2016, 2016-2017 and 2017-2018
c. Income Categories to be served:
This strategy will serve all eligible recipients with income at or below 120% of the
area median income, adjusted for family size as published annually by the United
States Department of Housing and Urban Development (HUD) and distributed by
Florida Housing Finance Corporation.
d. Maximum award:
See Exhibit C: Housing Delivery Goal Charts for maximum awards for FY 2015-
2016, 2016-2017, 2017-2018
e. Terms of the award: Interest Rate, Repayment (hard pay, forgiveness),
Recapture and Default.
Assistance provided under this strategy will be in the form of a deferred payment or
zero percent (0%) loan. Recipients must also abide by the City’s loan documents,
which dictate conditions that constitute repayment.
f. Recipient Selection Criteria:
Applicants must own and occupy the property as principal residence. The residence
must have been damaged in a declared natural or man-made disaster. Applicants
must be income-eligible, and will be served on a first-come, first eligible, first-
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served basis, pending funding availability. The property must be located within the
City limits of Clearwater. Applicants must be current on mortgage secured by the
property, property taxes and homeowners insurance.
g. Sponsor Selection Criteria and duties, if applicable: Eligible sponsors will be
selected using the City’s Consolidated Action Plan Application or any method(s)
that the City may develop to expedite the Selection of Eligible Sponsor during a
disaster.
h. Additional Information:
This strategy will be implemented only in the event of a natural or man-made
disaster declaration using any SHIP funds that have not been encumbered.
III. LHAP Incentive Strategies
In addition to the required Incentive Strategy A and Strategy B, include all adopted incentives
with the policies and procedures used for implementation as provided in Section 420.9076, F.S.:
A. Name of the Strategy: Expedited Permitting
Permits as defined in s. 163.3177 (6) (f) (3) for affordable housing
projects are expedited to a greater degree than other projects.
The Planning and Development Department expedites the review of any site plan, land use
amendment, rezoning, or annexation application for an affordable housing project within the
City of Clearwater. According to the City’s Development Code, an affordable housing
project (rehabilitation or new construction), can be approved through the City’s
Development Review Committee Process. If a public hearing is needed, the project is
scheduled for the immediate next session of the Community Development Board (CDB).
Some affordable housing projects (rehabilitation or new construction) are approved
administratively; otherwise the project goes to the immediate next session of the Community
Development Board.
Provide a description of the procedures used to implement this strategy:
Expedited Permitting. For Building Permit Applications, the City has a
“Request for Expedited Processing for Affordable Housing Activity Form” available through
the Economic Development and Housing Department. This form allows the application to
be expedited through the review process.
B. Name of the Strategy: Ongoing Review Process
An ongoing process for review of local policies, ordinances, regulations and plan
provisions that increase the cost of housing prior to their adoption.
The City has a process in place by which it considers, before adoption, policies,
procedures, ordinances, regulations, or plan provisions that increase the cost of
housing.
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Provide a description of the procedures used to implement this strategy:
The Senior Executive Team of the City of Clearwater meets every two weeks to
discuss and review upcoming agenda items on the City Council’s meeting schedule.
As part of this meeting, the City Clerk reviews with each department Director
proposed items on the agenda, which includes policies, procedures, ordinances,
resolutions and plan provisions for action by the City Council. Any actions that
have the potential to affect the cost of housing are addressed as part of this process.
Any determinations made by the Economic Development and Housing Department
and the affected Department will be included as part of the agenda summary to the
City Council on that particular item. The City Council agenda summary and all
supporting materials are available on the City’s website at www.myclearwater.com.
C. Name of the Strategy: The allowance of flexibility densities for affordable housing.
The City encourages flexible densities for affordable housing development in both the
Future Land Use Element and the Housing Element of the City’s Comprehensive Plan.
Provide a description of the procedures used to implement this strategy.
“Policy A.2.2.7 – The City will provide density bonuses for affordable housing
developments that demonstrate that a minimum of 15% of the total units are reserved as
affordable housing units. Such bonuses shall not exceed 50% of the density permitted by the
Future Land Use Map and shall not include properties located in the Coastal Storm Area.
The density bonus shall be established by ordinance in the Community Development Code”.
The City grants flexibility in densities to developers through the City’s Community
Development Code, which establishes flexibility criteria for specific uses requiring
additional development review.
D. Name of the Strategy: The reduction of parking setback requirements for affordable
housing
The City encourages the reduction of parking and setback requirements for
affordable housing in the Housing Element of the City’s Comprehensive Plan.
Provide a description of the procedures used to implement this strategy
The following policy in the Housing Element supports the reduction of parking and
setback requirements for affordable housing.
“Policy C.1.9.2 – Allow flexibility with regard to off-street parking to accommodate
density bonuses associated with affordable housing developments provided the
project design does not detract from the established or emerging character of
immediate vicinity.”
“Policy C.1.9.3 – Allow flexibility with regard to off-street parking for projects
containing affordable housing units located within 1,000 feet of a transit stop.”
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The City currently allows flexibility in parking and setback requirements for
affordable housing though the City’s Community Development Code, which
establishes flexibility criteria for specific uses requiring additional development
review.
E. Name of the Strategy: The allowance of flexible lot configurations, including zero-lot-
line configuration for affordable housing
The City currently allows for site plan flexibility through the development review
process, as supported by the City’s Community Development Code and article 2,
which establishes flexibility criteria for specific uses requiring additional
development review.
Such criteria may allow for more flexible site plan configurations, but may also
require an improved site plan to document how the flexibility will result in better
design and /or appearance. For example, the flexibility criteria tied to residential
infill projects within the High Density Residential (HDR”) District include:
Provide a description of the procedures use to implement is strategy
The City currently allows for site plan flexibility through the development review
process, as supported by the City’s Community Development Code and Article 2.
Zoning Districts therein, which establishes flexibility criteria for specific uses. Such
criteria may allow for more flexible site plan configurations, but may also require an
improved site plan to document how the flexibility will result in better design and/or
appearance.
The allowance of flexible site plan configurations, including zero-lot line
configurations for affordable housing, must be sensitive to the character and context
of existing neighborhoods. To this end, the City’s incentives for affordable housing
include compatibility criteria in conjunction with the density bonus as follows:
Article 3, Division 9, Section 3-920.A.3.c.i. Compatibility Criteria -
b. Proportionality and scale of the proposed development shall be consistent
with the community character of the immediate vicinity of the parcel
proposed for development.
c. The overall aesthetics of the proposed development shall be compatible
with or an improvement to the community character as determined by the
community development coordinator.
F. Name of the Strategy: The preparation of a printed inventory of locally-owned
public lands suitable for affordable housing.
The City maintains an inventory of locally-owned public lands suitable
for affordable housing.
Provide a description of the procedures use to implement is strategy:
24
SHIP LHAP Template 2015
Revised Date: 10/2014
The City of Clearwater on February 21, 2008 adopted Resolution 08-01,
which established the affordable housing inventory list per statutory
requirements.
To facilitate affordable housing projects, the City maintains an inventory
of publicly-owned land suitable for affordable housing titled, “Affordable
Housing Inventory List”, which is published on the City’s website. The
last triennial update was done in 2013, by City Resolution #13-10 (June
6, 2013).
Additionally, the City’s Economic Development & Housing Department
has a procedure in place to make publicly-owned land available to
prospective developers and non-profit agencies to construct affordable
housing.
G. Name of Strategy: The support of development near transportation hubs, and
major employment centers and mixed-used developments.
The City promotes areas suitable for affordable housing through the Future Land
Use Element (FLUE) of the Comprehensive Plan. The FLUE contains a number
of policies related to activity centers and transit hubs as part of the City’s overall
design structure.
Provide a description of the procedures use to implement is strategy:
Policy A.2.2.2 – Residential land uses shall be sited on well-drained soils, in
proximity to parks, schools, mass transit and other neighborhood-serving land
uses.
Policy A.5.4.4 –The creation of affordable housing and mixed-use development
should be supported, and lot consolidation and streetscape improvements should
be encouraged. [Activity Center]
Policy A.5.4.7 – South Fort Harrison Avenue from A Street to E Street.
Amendments to the Future Land Use Plan and Zoning Atlas may be considered
to promote affordable housing, mixed-use development, and to support the
emerging character of the area and Morton Plant Hospital. [Activity Center]
Policy A.6.8.7 – Create mixed-use, high density, livable communities through
design, layout and use of walkability techniques within existing and proposed
transit corridors, including proposed TBARTA lines and stations.
The Housing Element of the Comprehensive Plan also supports the location of
assisted housing near major activity centers:
Policy C.1.4.2 – Assisted housing should be located in close proximity to
25
SHIP LHAP Template 2015
Revised Date: 10/2014
employment centers, mass transit services, parks, and commercial centers.
Additionally, both the City’s Comprehensive Plan and Community Development
Code allow flexibility in parking for affordable housing projects if located near a
transit stop (see Housing Element Policy C.1.9.2 and Policy C.1.9.3 as well as
Community Development Code Article 3, Division 9, Section 3-920.B. for the
City’s “affordable housing parking incentive”).
IV. EXHIBITS:
A. Administrative Budget for each fiscal year covered in the Plan.
B. Timeline for Estimated Encumbrance and Expenditure
C. Housing Delivery Goals Chart (HDGC) For Each Fiscal Year
Covered in the plan.
D. Signed Certification.
E. Signed, dated, witnessed or attested adopting resolution.
F. Program Information Sheet.
G. Ordinance: (If changed from the original creating ordinance).
H. Interlocal Agreement:
A copy of the Interlocal Agreement if applicable.
26
ADMINISTRATIVE BUDGET FOR EACH FISCAL YEAR Exhibit A
LHAP 2015
Exhibit A
67-37.005(1), F.A.C.
Effective Date: 10/2014
(Local Government name)CITY OF CLEARWATER
Estimated Allcoation for Calculating:628,505.00$
Salaries and Benefits 62,850.50$
Office Supplies and Equipment -$
Travel Perdiem Workshops, etc -$
Advertising -$
Other $
Total 62,850.50$
Estimated Allcoation for Calculating:628,505.00$
Salaries and Benefits 62,850.50$
Office Supplies and Equipment -$
Travel Perdiem Workshops, etc -$
Advertising -$
Other $
Total 62,850.50$
Estimated Allcoation for Calculating:628,505.00$
Salaries and Benefits 62,850.50$
Office Supplies and Equipment -$
Travel Perdiem Workshops, etc -$
Advertising -$
Other $
Total 62,850.50$
Based on a distribution of $499,545.00
Program Income $128,960.00
Fiscal Year: 2015-2016
Fiscal Year: 2016-2017
Fiscal Year 2017-2018
Program Year 2016-2017 2017-2018
Activities Month 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6
Advertise Availability of Funds X
Application Period(On-Going)X X X X X X X X X X X X X X X X X X X X X X X
Annual Report X X
Mid-Year Review/Adjustments X
End-Year Review/Adjustments X X X
Encumbrance Deadline X
Expenditure Deadline X
Final Program Review x
other
other
TIMETABLE FOR STATE FISCAL YEAR 2015-2016
Name of Local Government: CITY OF CLEARWATER
2015-2016
Mark each box below that corresponds with each actvity for that month
Program Year 2016-2017 2017-2018
Activities Month 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6
Advertise Availability of Funds X
Application Period(On-Going)X X X X X X X X X X X X X X X X X X X X X X X
Annual Report X X
Mid-Year Review/Adjustments X
End-Year Review/Adjustments X X X
Encumbrance Deadline X
Expenditure Deadline X
Final Program Review X
other
other
TIMETABLE FOR STATE FISCAL YEAR 2016-2017
Name of Local Government: CITY OF CLEARWATER
2015-2016
Mark each box below that corresponds with each actvity for that month
EXHIBIT B
Program Year 2016-2017 2017-2018
Activities Month 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6 7 8 9 10 11 12 1 2 3 4 5 6
Advertise Availability of Funds X
Application Period(On-Going)X X X X X X X X X X X X X X X X X X X X X X X
Annual Report X X
Mid-Year Review/Adjustments X
End-Year Review/Adjustments X X X
Encumbrance Deadline X
Expenditure Deadline X
Final Program Review X
other
other
TIMETABLE FOR STATE FISCAL YEAR 2017-2018
Name of Local Government: CITY OF CLEARWATER
2015-2016
Mark each box below that corresponds with each actvity for that month
FLORIDA HOUSING FINANCE CORPORATION Please check
applicable boxHOUSING DELIVERY GOALS CHART X
Name of Local Government: Allocation:$499,545.00
A B C D E F
Strategy #HOME OWNERSHIP VLI Max. SHIP LI Max. SHIP MI Max. SHIP New Construction Rehab/Repair Without
Construction Total Total Total
From Plan
Text Code
STRATEGIES (strategy title
must be same as the title used
in plan text.
Units Award Units Award Units Award SHIP Dollars SHIP Dollars SHIP Dollars SHIP Dollars Percentage Units
10 New Construction 0 $46,000 1 $46,000 0 $46,000 $46,000.00 $46,000.00 9.21%1
1 Acquisition of Existing Homes w/3 $20,000 2 $20,000 0 $20,000 $100,000.00 $100,000.00 20.02%5
2 DPCCA for Existing Homes/witho 2 $18,000 4 $18,000 0 $18,000 $54,000.00 $54,000.00 $108,000.00 21.62%6
3 Owner-Occupied Rehabilitation 4 $30,000 4 $30,000 1 $30,000 $270,000.00 $270,000.00 54.05%9
5 Disaster Mitigation 0 $5,000 0 $5,000 0 $5,000 $0.00 0.00%0
$0.00 0.00%0
$0.00 0.00%0
$0.00 0.00%0
Subtotal 1 (Home Ownership)9 11 1 $46,000.00 $424,000.00 $54,000.00 $524,000.00 104.90%21
RENTAL VLI Max. SHIP LI Max. SHIP MI Max. SHIP New Construction Rehab/Repair Without
Ci
Total Total Total
STRATEGIES Units Award Units Award Units Award SHIP Dollars SHIP Dollars SHIP Dollars SHIP Dollars Percentage Units
14 Multi-Family 1 $15,000 1 $15,000 0 15000 $15,000.00 $26,655.00 $41,655.00 8.34%2
$0.00 0.00%0
$0.00 0.00%0
$0.00 0.00%0
$0.00 0.00%0
Subtotal 2 (Non-Home Ownership 1 1 0 $15,000.00 $26,655.00 $0.00 $41,655.00 8.34%2
Administration Fees $49,954.00 10.00%
Admin. From Program Income $12,896.00 2.58%
Home Ownership Counseling 0.00%
GRAND TOTAL
Add Subtotals 1 & 2, plus all Adm 10 12 1 $61,000.00 $450,655.00 $54,000.00 $628,505.00 125.82%23
Percentage Construction/RehCalcula
te 102%
Maximum Allowable
Purchase Price:New $150,000 Existing $138,000
Allocation Breakdown Amount %Projected Program Income:$128,960.00 Max Amount Program Income For Admin $12,896.00
Very-Low Income $231,000.00 46.2%Projected Recaptured Funds:
Low Income $293,000.00 58.7%Distribution:$499,545.00
Moderate Income $30,000.00 6.0%Total Available Funds:$628,505.00
TOTAL 110.9%
2015-2016
CITY OF CLEARWATER
New Plan:
Amendment:
Fiscal Yr. Closeout:
FLORIDA HOUSING FINANCE CORPORATION Please check applicable box
HOUSING DELIVERY GOALS CHART X
2016-2017
Name of Local Government: Estimated Funds:$499,545.00
\
A B C D E F
HOME OWNERSHIP VLI Max. SHIP LI Max. SHIP MI Max. SHIP New Construction Rehab/Repair Without
Ci
Total Total Total
Code
STRATEGIES (strategy title
must be same as the title used
in plan text.
Units Award Units Award Units Award SHIP Dollars SHIP Dollars SHIP Dollars SHIP Dollars Percentage Units
10 New Construction 0 $46,000 1 $46,000 0 $46,000 $46,000.00 $46,000.00 9.21%1
1 Acquisition of Existing Homes w 3 $20,000 2 $20,000 0 $20,000 $100,000.00 $100,000.00 20.02%5
2 DPCCA for Existing Homes/witho 2 $18,000 4 $18,000 0 $18,000 $54,000.00 $54,000.00 $108,000.00 21.62%6
3 Owner-Occupied Rehabilitation 4 $30,000 4 $30,000 1 $30,000 $270,000.00 $270,000.00 54.05%9
5 Disaster Mitigation 0 $5,000 0 $5,000 0 $5,000 $0.00 0.00%0
$0.00 0.00%0
$0.00 0.00%0
$0.00 0.00%0
Subtotal 1 (Home Ownership)9 11 1 $46,000.00 $424,000.00 $54,000.00 $524,000.00 104.90%21
RENTAL VLI Max. SHIP LI Max. SHIP MI Max. SHIP New Construction Rehab/Repair Without
Ctti
Total Total Total
STRATEGIES Units Award Units Award Units Award SHIP Dollars SHIP Dollars SHIP Dollars SHIP Dollars Percentage Units
14 Multi-Family 1 $15,000 1 $15,000 0 15000 $15,000.00 $26,655.00 $41,655.00 8.34%2
$0.00 0.00%0
$0.00 0.00%0
$0.00 0.00%0
$0.00 0.00%0
Subtotal 2 (Non-Home Ownership 1 1 0 $15,000.00 $26,655.00 $0.00 $41,655.00 8.34%2
Administration Fees $49,954.00 10.00%
Admin. From Program Income $12,896.00 2.58%
Home Ownership Counseling 0.00%
GRAND TOTAL
Add Subtotals 1 & 2, plus all Adm 10 12 1 $61,000.00 $450,655.00 $54,000.00 $628,505.00 125.82%23
Percentage Construction/Re Calculate Constr./Rehab Percent. by adding Grand Total Columns A&B, then divide by Annual Allocation Amt. 102%
Maximum Allowable
Purchase Price:New $150,000 Existing $138,000
Allocation Breakdown Amount %Projected Program Income:$128,960.00 Max Amount Program Income For Admin $12,896.00
Very-Low Income $231,000.00 46.2%Projected Recaptured Funds:
Low Income $293,000.00 58.7%Distribution:$499,545.00
Moderate Income $30,000.00 6.0%Total Available Funds:$628,505.00
TOTAL 110.9%
CITY OF CLEARWATER
New Plan:
Amendment:
Fiscal Yr. Closeout:
FLORIDA HOUSING FINANCE CORPORATION Please check applicable box
HOUSING DELIVERY GOALS CHART X
Name of Local Government: Estimated Funds:$499,545.00
A B C D E F
HOME OWNERSHIP VLI Max. SHIP LI Max. SHIP MI Max. SHIP New Construction Rehab/Repair Without
C
Total Total Total
Code
STRATEGIES (strategy title must
be same as the title used in plan
text
Units Award Units Award Units Award SHIP Dollars SHIP Dollars SHIP Dollars SHIP Dollars Percentage Units
10 New Construction 0 $46,000 1 $46,000 0 $46,000 $46,000.00 $46,000.00 9.21%1
1 Acquistion of Existing Homes w/Re 3 $20,000 2 $20,000 0 $20,000 $100,000.00 $100,000.00 20.02%5
2 DPCCA for Existing Homes/withou 2 $18,000 4 $18,000 0 $18,000 $54,000.00 $54,000.00 $108,000.00 21.62%6
3 Owner-Occupied Rehabilitation 4 $30,000 4 $30,000 1 $30,000 $270,000.00 $270,000.00 54.05%9
5 Disaster Mitigation 0 $5,000 0 $5,000 0 $5,000 $0.00 0.00%0
$0.00 0.00%0
$0.00 0.00%0
$0.00 0.00%0
Subtotal 1 (Home Ownership)9 11 1 $46,000.00 $424,000.00 $54,000.00 $524,000.00 104.90%21
RENTAL VLI Max. SHIP LI Max. SHIP MI Max. SHIP New Construction Rehab/Repair Without
Ci
Total Total Total
STRATEGIES Units Award Units Award Units Award SHIP Dollars SHIP Dollars SHIP Dollars SHIP Dollars Percentage Units
14 Multi-Family 1 $15,000 1 $15,000 0 15000 $15,000.00 $26,655.00 $41,655.00 8.34%2
$0.00 0.00%0
$0.00 0.00%0
$0.00 0.00%0
$0.00 0.00%0
Subtotal 2 (Non-Home Ownership)1 1 0 $15,000.00 $26,655.00 $0.00 $41,655.00 8.34%2
Administration Fees $49,954.00 10.00%
Admin. From Program Income $12,896.00 2.58%
Home Ownership Counseling 0.00%
GRAND TOTAL
Add Subtotals 1 & 2, plus all Admi 10 12 1 $61,000.00 $450,655.00 $54,000.00 $628,505.00 125.82%23
Percentage Construction/Reha Calculate Constr./Rehab Percent. by adding Grand Total Columns A&B, then divide by Annual Allocation Amt. 102%
Maximum Allowable
Purchase Price:New $150,000 Existing $138,000
Allocation Breakdown Amount %Projected Program Income:$128,960.00 Max Amount Program Income For Admin $12,896.00
Very-Low Income $231,000.00 46.2%Projected Recaptured Funds:
Low Income $293,000.00 58.7%Distribution:$499,545.00
Moderate Income $30,000.00 6.0%Total Available Funds:$628,505.00
TOTAL 110.9%
2017-2018
CITY OF CLEARWATER
New Plan:
Amendment:
Fiscal Yr. Closeout:
2015 Exhibit D
67-37.005(1), F.A.C.
Effective Date: 10/14
.
CERTIFICATION TO
FLORIDA HOUSING FINANCE CORPORATION
Local Government: ___CITY OF CLEARWATER____________________________
(1) The local government will advertise the availability of SHIP funds pursuant to Florida
Statutes.
(2) All SHIP funds will be expended in a manner which will insure that there will be no
discrimination on the basis of race, creed, religion, color, age, sex, familial or marital
status, handicap, or national origin.
(3) A process for selection of recipients for funds has been developed.
(4) The eligible municipality or county has developed a qualification system for applications for
awards.
(5) Recipients of funds will be required to contractually commit to program guidelines.
(6) The Florida Housing Finance Corporation will be notified promptly if the local
government (or interlocal entity) will be unable to comply with the provisions the plan.
(7) The Local Housing Assistance Plan shall provide for the expenditure of SHIP funds within
24 months following the end of the State fiscal year in which they are received.
(8) The plan conforms to the Local Government Comprehensive Plan, or that an amendment to
the Local Government Comprehensive Plan will be initiated at the next available opportunity
to insure conformance with the Local Housing Assistance Plan.
(9) Amendments to the approved Local Housing Assistance Plan shall be provided to the
Corporation with in 21 days after adoption.
(10) The trust fund shall be established with a qualified depository for all SHIP funds as well
as moneys generated from activities such as interest earned on loans.
(11) Amounts on deposit in the local housing assistance trust fund shall be invested as permitted
by law.
(12) The local housing assistance trust fund shall be separately stated as a special revenue fund in
the local governments audited financial statements, copies of the audits will be forwarded to
the Corporation as soon as available.
1
2015 Exhibit D
67-37.005(1), F.A.C.
Effective Date: 10/14
.
13) An interlocal entity shall have its local housing assistance trust fund separately audited
for each state fiscal year, and the audit forwarded to the Corporation as soon as possible.
(14) SHIP funds will not be pledged for debt service on bonds or as rent subsidies.
(15) Developers receiving assistance from both SHIP and the Low Income Housing Tax
Credit (LIHTC) Program shall comply with the income, affordability and other LIHTC
requirements, similarly, any units receiving assistance from other federal programs shall
comply with all Federal and SHIP program requirements.
(16) Loans shall be provided for periods not exceeding 30 years, except for deferred payment
loans or loans that extend beyond 30 years which continue to service eligible persons.
(17) Rental Units constructed or rehabilitated with SHIP funds shall be monitored at least
annually for 15 years for compliance with tenant income requirements and affordability
requirements or as required in Section 420.9075 (3)(e)
(18) The Plan meets the requirements of Section 420-907-9079 FS, and Rule Chapter 67-37 FAC,
and how each of those requirements shall be met.
(19) The provisions of Chapter 83-220, Laws of Florida ____has or __X__ has not
been implemented. (note: Miami Dade County will check “has”)
__________________________________ _______________________________________
Witness Chief Elected Official or designee
__________________________________ ___________________________________
Witness GEORGE N. CRETEKOS, MAYOR
_______________________________________
Date
OR
___________________________________
Attest:
(Seal)
2
RESOLUTION NO. 15-05
A RESOLUTION OF THE CITY OF CLEARWATER, CITY
COUNCIL OF THE CITY OF CLEARWATER, FLORIDA,
APPROVING THE LOCAL HOUSING ASSISTANCE PLAN
AS REQUIRED BY THE STATE HOUSING INITIATIVES
PARTNERSHIP PROGRAM ACT, SUBSECTIONS 420.907-
420-9079, FLORIDA STATUTES; AND RULE CHAPTER
67-37, FLORIDA ADMINISTRATIVE CODE; AUTHORIZING
AND DIRECTING THE MAYOR TO EXECUTE ANY
NECESSARY DOCUMENTS AND CERTIFICATIONS
NEEDED BY THE STATE, AUTHORIZING THE
SUBMISSION OF THE LOCAL HOUSING ASSISTANCE
PLAN FOR REVIEW AND APPROVAL BY THE FLORIDA
HOUSING FINANCE CORPORATION; AND PROVIDING
AN EFFECTIVE DATE.
WHEREAS, the State of Florida enacted the William E. Sadowski Affordable
Housing Act, Chapter 92-317 of Florida Sessions Law, allocating a portion of
documentary stamp taxes on deeds to local governments for the development and
maintenance of affordable housing; and
WHEREAS, the State Housing Initiatives Partnership (SHIP) Act, ss.420.907-
9079, Florida Statutes (1992), and Rule Chapter 67-37, Florida Administrative Code,
requires local governments to develop a one-to three-year Local Housing Assistance
Plan outlining how funds will be used, and
WHEREAS, the SHIP Act further requires local governments to establish the
maximum SHIP funds allowable for each strategy; and
WHEREAS, the SHIP act further requires local governments to establish an average
area purchase price for new and existing housing benefiting from awards made
pursuant to the Act; The methodology and purchase prices used are defined in the
attached Local Housing Assistance Plan; and
WHEREAS, as required by section 420.9075, F. S. it is found that 5 percent of
the local housing distribution plus 5 percent of program income is insufficient to
adequately pay the necessary costs of administering the local housing assistance plan.
The cost of administering the program may not exceed 10 percent of the local housing
distribution plus 10% of program income deposited in the trust fund, except that small
counties, as defined in s. 120.52(17), and eligible municipalities receiving a local
housing distribution of up to $350,000 may use up to 10 percent of program income for
administrative costs.
Resolution No. 15-05
WHEREAS, the Economic Development and Housing Department has prepared
a three-year Local Housing Assistance Plan for submission to the Florida Housing
Finance Corporation; and
WHEREAS, the City Council finds that it is in the best interest of the public for the
City of Clearwater to submit the Local Housing Assistance Plan for review and approval
so as to qualify for said documentary stamp tax funds, and
NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF CLEARWATER, FLORIDA:
Section 1. The City Council of the City of Clearwater hereby approves the Local
Housing Assistance Plan, as attached hereto and incorporated hereto (Exhibit “A”) for
submission to the Florida Housing Finance Corporation as required by ss. 420.907-
420.9079, Florida Statutes, for state fiscal years 2015-16, 2016-17 and 2017-18.
Section 2. The Mayor is hereby designated and authorized to execute any
documents and certification required by the Florida Housing Finance Corporation as
related to the Local Housing Assistance Plan, and to do all things necessary and proper
to carry out the term and conditions of said program.
Section 3. This resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED this _______ day of _____________, 2015.
______________________________
George N. Cretekos
Mayor
Approved as to form: Attest:
__________________________ ______________________________
Laura Mahony Rosemarie Call
Assistant City Attorney City Clerk
Resolution No. 15-05 2
2015 Exhibit F
67-37.005(1), F.A.C.
STATE HOUSING INITIATIVES PARTNERSHIP (SHIP) PROGRAM
PROGRAM INFORMATION SHEET
The following information must be furnished to the Corporation before any funds can be
disbursed.
Local Government CITY OF CLEARWATER
Chief Elected Official George N. Cretekos
Address 112 S. Osceola Avenue, Clearwater, Florida 33756
SHIP Administrator Ms. Terry Malcolm-Smith
Address 112 S. Osceola Avenue, Clearwater, Florida 33756
Telephone 727-562-4036
EMAIL terry.malcolm-smith@myclearwater.com
Alternate SHIP Contact Michael Holmes
Telephone 727-562-4032
EMAIL Michael.holmes@myclearwater. com
Local Government Employer Federal ID # 59-6000289
Other Information Geraldine Campos Lopez-Director
Economic Development and Housing Department
Please attach this form as Exhibit F and submit along with your completed LHAP.
Resolution No. 15-05
RESOLUTION NO. 15-05
A RESOLUTION OF THE CITY OF CLEARWATER,
FLORIDA, APPROVING THE LOCAL HOUSING
ASSISTANCE PLAN AS REQUIRED BY THE STATE
HOUSING INITIATIVES PARTNERSHIP PROGRAM ACT,
SUBSECTIONS 420.907-420-9079, FLORIDA STATUTES;
AND RULE CHAPTER 67-37, FLORIDA ADMINISTRATIVE
CODE; AUTHORIZING AND DIRECTING THE MAYOR TO
EXECUTE ANY NECESSARY DOCUMENTS AND
CERTIFICATIONS NEEDED BY THE STATE,
AUTHORIZING THE SUBMISSION OF THE LOCAL
HOUSING ASSISTANCE PLAN FOR REVIEW AND
APPROVAL BY THE FLORIDA HOUSING FINANCE
CORPORATION; PROVIDING ANEFFECTIVE DATE.
WHEREAS,the State of Florida enacted the William E. Sadowski Affordable
Housing Act, Chapter 92-317 of Florida Sessions Law, allocating a portion of
documentary stamp taxes on deeds to local governments for the development and
maintenance of affordable housing; and
WHEREAS, the State Housing Initiatives Partnership (SHIP) Act, ss.420.907-
9079, Florida Statutes (1992), and Rule Chapter 67-37, Florida Administrative Code,
requires local governments to develop a onetothreeyear Local Housing Assistance
Plan outlining how funds will be used, and
WHEREAS, the SHIP Act further requires local governments to establish the
maximum SHIPfunds allowable for each strategy; and
WHEREAS, the SHIP act further requires local governments to establish an
average area purchase price for new and existing housing benefiting from awards made
pursuant to the Act, therefore,the methodology and purchase prices used are defined in
the attached Local Housing Assistance Plan;and
WHEREAS, as required by section 420.9075, Florida Statutes,it isfound that
fivepercent (5%) of the local housing distribution plus fivepercent (5%) of program
income isinsufficient to adequately pay the necessary costs of administering the local
housing assistance plan. The cost of administering the program may not exceed ten
percent (10%) of the local housing distribution plus five percent (5%) of program income
deposited in the trust fund, except that small counties, as definedin s. 120.52(17),and
eligible municipalities receiving a local housing distribution of up to $350,000 may use
up to 10 percent of program income for administrative costs; and
Resolution No. 15-05[GM09-1510-047/165087/1]2
WHEREAS, the Economic Development and Housing Department has prepared
a three-year Local Housing Assistance Plan incorporating the above-referenced
provisions and requirements for submission to the Florida Housing Finance Corporation;
and
WHEREAS, the City Council finds that it is in the best interest of the public for the
City of Clearwater to submit the Local Housing Assistance Plan for review and approval
so as to qualify for said documentary stamp tax funds.
NOW THEREFORE, BE ITRESOLVED BY THE CITY COUNCIL OF THE CITY
OF CLEARWATER, FLORIDA:
Section 1. TheCity Councilof the City of Clearwater hereby approves theLocal
Housing Assistance Plan for submission to the Florida Housing Finance Corporation as
required by ss. 420.907-420.9079, Florida Statutes, for state fiscal years 2015-16,
2016-17 and 2017-18 (attached hereto and incorporated herein as Exhibit “A”), which,
among other things, establishesthe maximum SHIP funds allowable for each local
housing assistance strategy,establishesan average area purchase price for new and
existing housing, and finds that five percent of the local housing distribution plus five
percent of the program income is insufficient to adequately pay the necessary costs of
administering the local housing assistance plan.
Section 2. The Mayor is hereby designated and authorized to execute any
documents and certificationsrequired by the Florida Housing Finance Corporation as
related to the Local Housing Assistance Plan, and to do all things necessary and proper
to carry out the termsand conditions of said program.
Section 3.This resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED this _______ day of _____________, 2015.
______________________________
George N.Cretekos
Mayor
Approved as to form: Attest:
________________________________________________________
Laura Mahony Rosemarie Call
Assistant City Attorney City Clerk
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ID#15-1153
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: Action ItemIn Control: Finance
Agenda Number: 4.1
SUBJECT/RECOMMENDATION:
Approve settlement of the liability claim of Helen Buell for payment of $30,000.00 and
authorize the appropriate officials to execute same. (consent)
SUMMARY:
The claimant was leaving the Main Library by the front entrance. She tripped over a light
fixture placed in the sidewalk. The claimant was injured and that is the basis of her claim.
Ms. Buell’s claim can be settled for $30,000.
The City’s limit of liability as provided by Section 768.28, Florida Statutes is $200,000. The
City’s Risk Management Division and City’s Claims Committee recommend this settlement.
Funding for the payment of this settlement is available in the budget for claims expense in the
Central Insurance Fund.
APPROPRIATION CODE AND AMOUNT:
590-07000-545900-519-000 $30,000.00
Page 1 City of Clearwater Printed on 4/9/2015
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ID#15-1163
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: Action ItemIn Control: Parks & Recreation
Agenda Number: 5.1
SUBJECT/RECOMMENDATION:
Approve the grant agreement between the City of Clearwater and the Florida Department of
Environmental Protection Land and Water Conservation Fund (LWCF) for a grant in the
amount of $200,000 for improvements to Moccasin Lake Nature Park and authorize the
appropriate officials to execute same. (consent)
SUMMARY:
The City has been awarded a matching grant in the amount of $200,000 for the design and
renovation of Moccasin Lake Nature Park.
The approval of this grant and the renovation of the park is consistent with the Moccasin Lake
Nature Park Master Plan and the Parks and Recreation Master Plan Update 2013. Both plans
contained a robust community engagement process.
Project elements include the renovation of the Interpretive Center, restroom, picnic facilities,
parking and the construction of a new play area, pier and interpretive trail elements.
This grant was brought forward and approved by the Resource Management Committee at
their March 5, 2014 meeting.
No additional operating impacts are needed to support this project.
APPROPRIATION CODE AND AMOUNT:
Matching funds of $200,000 have been included in Fiscal Year 2015-16 CIP Budget requests
under the Moccasin Lake Nature Park Improvement project. Funds for the match come from
Penny for Pinellas funds that were allocated several years ago. The total project is estimated
to cost $600,000 of which $200,000 is from the grant and $400,000 from the penny funds.
USE OF RESERVE FUNDS:
N/A
Page 1 City of Clearwater Printed on 4/9/2015
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ID#15-1168
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: Action ItemIn Control: Parks & Recreation
Agenda Number: 5.2
SUBJECT/RECOMMENDATION:
Approve the acquisition of real property located at 3198 Gulf-To-Bay Boulevard (SR 60);
approve a not-to-exceed purchase price of $270,000 with total expenditures not to exceed
$287,000; transfer funds from Recreation Land impact fees at mid-year to Park Land
Acquisition (CIP315-93133) to fund this purchase; and authorize the appropriate officials to
execute instruments required to affect closing. (consent)
SUMMARY:
The Parks and Recreation Department desires to purchase a privately owned parcel of land
located at 3198 Gulf-to-Bay Boulevard. The property is improved with a commercial structure.
The parcel would be a strategic acquisition for the City’s Parks and Recreation Department
providing support to the trail system.
This parcel is located on the northeast quadrant of the intersection of Gulf-to-Bay Boulevard
and Bayshore Boulevard. This intersection serves as the connector between the Courtney
Campbell Trail and the proposed Bayshore Trail (waiting for permits).
It is anticipated that this parcel will serve as the terminus of a future trail bridge over
Gulf-to-Bay Boulevard fostering a safe crossing for trail users.
Two appraisals were performed for this parcel. The first was performed by James Millspaugh
and Associates, Inc. in July 2014 and estimated the parcel to be valued at $225,000. The
second was performed by Hupp Realty Advisors, Inc. in October 2014 and estimated the
parcel to be valued at $270,000. The appraised value of $270,000 is equal to the purchase
price requested by the owner and supported by staff. Total expenditures not to exceed
$287,000 include the purchase price along with typical closing costs, and demolition of the
existing structure.
The estimated expenses are as follows:
Purchase price $270,000.00
Closing costs $500.00
Demolition $15,000.00
+ 10% contingency $1,500.00
TOTAL $287,000.00
This item supports the City's Strategic Vision to provide quality facilities (Courtney Campbell
Causeway Trail, Bayshore Trail) and provide safe access for persons using the trail systems
in Clearwater.
Page 1 City of Clearwater Printed on 4/9/2015
File Number: ID#15-1168
APPROPRIATION CODE AND AMOUNT:
A midyear budget amendment will transfer $287,000 of Recreation Land impact fees from the
Special Development Fund into project 315-93133 Park Land Acquisition
USE OF RESERVE FUNDS:
N/A
Page 2 City of Clearwater Printed on 4/9/2015
CONTRACT FOR PURCHASE OF REAL PROPERTY
BY
THE CITY OF CLEARWATER, FLORIDA
PARTIES: TBI HOLDINGS, LLC, a Pennsylvania limited liability company whose post office address is
397 Eagleview Boulevard, Exton, PA 19341, (herein "Seller"), and the CITY OF CLEARWATER,
FLORIDA, a municipal corporation of the State of Florida (herein "Buyer" or "City"), whose post office
address is 112 South Osceola Avenue, Clearwater, FL 33756, (each individually referred to herein as
“Party”, or collectively as the "Parties") hereby agree that the Seller shall sell and Buyer shall buy the
following real property ("Property") upon the following terms and conditions.
1. PROPERTY DESCRIPTION
COMMENCING AT A POINT 50.0 FEET NORTH OF THE SOUTHEAST CORNER OF
GOVERNMENT LOT 2, SECTION 16, TOWNSHIP 29 SOUTH, RANGE 16 EAST, PINELLAS
COUNTY, FLORIDA; RUN NORTH 0°37'03" EAST ALONG THE NORTH - SOUTH
CENTERLINE OF SAID SECTION 16, 32.49 FEET TO A POINT OF BEGINNING; SAID P.O.B.
BEING 50.0 FEET NORTH OF THE ORIGINAL CENTERLINE OF STATE ROAD 60. FROM
SAID P.O.B PROCEED NORTH 0°37'03" EAST ALONG SAID NORTH - SOUTH CENTERLINE
122.52 FEET; THENCE NORTH 89°27'56" WEST 54.83 FEET TO A POINT ON A CURVE
BEING THE EASTERLY RIGHT OF WAY OF BAYSHORE BOULEVARD; THENCE
FOLLOWING SAID EASTERLY RIGHT OF WAY CURVE TO THE RIGHT, HAVING A
RADIUS OF 569.71 FEET, A CHORD BEARING OF SOUTH 41°34'12" WEST, A CHORD
DISTANCE OF 111.97 FEET, THROUGH AN ARC DISTANCE OF 112.15 FEET; THENCE
SOUTH 30°03'37" EAST, STILL ALONG SAID RIGHT OF WAY 45.48 FEET TO AN
INTERSECTION WITH A LINE BEING 50.0 FEET NORTH OF THE ORIGINAL CENTERLINE
OF STATE ROAD NO. 60, THENCE SOUTH 89°56'23" EAST ALONG SAID LINE 105.0 FEET
TO THE POINT OF BEGINNING.
Parcel Identification Number: 16-29-16-00000-240-0810
PERSONALTY: NONE
2. FULL PURCHASE PRICE ...........................................……………………………….……... $270,000
3. MANNER OF PAYMENT: Wire transfer or City of Clearwater
check in U.S. funds at time of closing ...…………………...... $270,000
4. PURCHASE PRICE
The full Purchase Price as shown herein has been reached through negotiations with the Seller by City
staff. The Purchase Price is based upon appraisals by James Millspaugh and Associates, Inc. and
Hupp Realty Advisors, Inc.
5. TIME FOR ACCEPTANCE; APPROVALS
Following execution of this contract by Seller, the price, terms and conditions as contained herein shall
remain unchanged and be held unconditionally open for a period of 45 days following delivery in
duplicate original to City Manager of the City of Clearwater for acceptance and approval, counter-offer,
or rejection by action of the Clearwater City Council ("Council"). If this agreement is accepted and
approved by the Council, it will be executed by duly authorized City officials and delivered to Buyer
[A04-01801 /165202/1] Page 2 of 7
within 10 days thereafter. If a counter-offer is approved by the Council, it shall be delivered to Seller in
writing within 10 days of such action by the City Council, and Seller shall have 10 days thereafter to
deliver to Buyer written notice of acceptance or rejection of such counter-offer. If written notice of
acceptance is not timely delivered, or if the counter-offer is rejected by Seller, this contract shall
thereafter be null and void in all respects. If this contract is rejected by the Council upon initial
presentation to the Council, this contract shall be null and void in all respects and Buyer shall be so
informed in writing within 5 days of such action.
6. TITLE
Seller warrants legal capacity to and shall convey marketable title to the Property by Statutory Warranty
Deed, subject only to matters contained in Paragraph 7 acceptable to Buyer. Otherwise title shall be
free of liens, easements and encumbrances of record or known to Seller, but subject to property taxes
for the year of closing; covenants, restrictions and public utility easements of record; and no others
provided there exists at closing no violation of the foregoing.
7. TITLE EVIDENCE
Seller shall, at Seller expense and within 15 days prior to closing date deliver to Buyer a title insurance
commitment issued by a Florida licensed title insurer agreeing to liens, encumbrances, exceptions or
qualifications set forth in this Contract, and those which shall be discharged by Seller at or before
closing. Seller shall convey a marketable title subject only to liens, encumbrances, exceptions or
qualifications set forth in this Contract. Marketable title shall be determined according to applicable Title
Standards adopted by The Florida Bar and in accordance with law. Buyer shall have 5 days from
receiving evidence of title to examine it. If title is found defective, Buyer shall, within 3 days thereafter,
notify Seller in writing specifying defect(s). If the defect(s) render title unmarketable, Seller will have
120 days from receipt of notice to elect to remove the defect(s), failing which Buyer shall have the
option of either accepting the title as it then is or withdrawing from this Contract.
8. SURVEY
Buyer, at Buyer's expense, within time allowed to deliver evidence of title and to examine same, may
have Real Property surveyed and certified to the Buyer by a registered Florida land surveyor. If survey
shows any encroachment on Real Property, or that improvements located on Real Property encroach
on setback lines, easements, lands of others, or violate any restrictions, contract covenants or
applicable governmental regulation, the same shall constitute a title defect. The survey shall be
performed to minimum technical standards of the Florida Administrative Code and may include a
description of the property under the Florida Coordinate System as defined in Chapter 177, Florida
Statutes.
9. CLOSING PLACE AND DATE
Seller shall designate closing agent and this transaction shall be closed in the offices of the designated
closing agent in Pinellas County, Florida, no later than May 16, 2015, unless extended by other
provisions of this contract including but not limited to time allotted for the removal of title defects as
provided for in Paragraph 7 above. If either party is unable to comply with any provision of this contract
within the time allowed, and be prepared to close as set forth above, after making all reasonable and
diligent efforts to comply, then upon giving written notice to the other party, time of closing may be
extended up to 60 days without effect upon any other term, covenant or condition contained in this
contract.
[A04-01801 /165202/1] Page 3 of 7
10. CLOSING DOCUMENTS
Seller shall furnish closing statements for the respective parties, deed, bill of sale (if applicable),
mechanic's lien affidavit, assignments of leases, tenant and mortgage estoppel letters, and corrective
instruments. If Seller is a corporation, Seller shall deliver a resolution of its Board of Directors
authorizing the sale and delivery of the deed and certification by the corporate Secretary certifying the
resolution and setting forth facts showing the conveyance conforms with the requirements of local law.
11. CLOSING EXPENSES
Documentary stamps on the deed, unless this transaction is exempt under Chapter 201.24, Florida
Statutes, shall be paid by the Seller. Seller shall also pay the costs of recording any corrective
instruments. Recordation of the deed shall be paid by Buyer.
12. PRORATIONS; CREDITS
Taxes, assessments, rent (if any) and other revenue of the Property shall be prorated through the day
before closing. Closing agent shall collect all ad valorem taxes uncollected but due through day prior to
closing and deliver same to the Pinellas County Tax Collector with notification to thereafter exempt the
Property from taxation as provided in Chapter 196.012(6), Florida Statutes. If the amount of taxes and
assessments for the current year cannot be ascertained, rates for the previous year shall be used with
due allowance being made for improvements and exemptions. Any deposits held by Seller in trust for
third parties in occupancy of the Property shall be credited to Buyer at time of closing. Assessments for
any improvements that are substantially complete at time of closing shall be paid in full by Seller.
13. OCCUPANCY
Seller warrants that there are no parties in occupancy other than the Seller, or as otherwise disclosed
herein. If Property is intended to be rented or occupied beyond closing, the fact and terms thereof shall
be stated herein, and the tenant(s) or occupants disclosed pursuant to Paragraph 14. Seller agrees to
deliver occupancy of the Property at time of closing unless otherwise stated herein. If occupancy is to
be delivered before closing, Buyer assumes all risk of loss to Property from date of occupancy, shall be
responsible and liable for maintenance from that date, and shall be deemed to have accepted Property
in its existing conditions as of the time of taking occupancy unless otherwise stated herein or in
separate writing.
14. LEASES
Seller warrants that there are no tenants occupying the Property and that no leases exist, recorded or
unrecorded, authorizing such occupancy and any authorized tenancy or lease for use of the property
created by Seller prior to closing or prior to the expiration hereof, shall constitute a material breach of
this Contract.
15. PROPERTY CONDITION
Seller shall deliver the Property to Buyer at time of closing in its present "as is" condition, ordinary wear
and tear excepted, and shall maintain the landscaping and grounds in a comparable condition. Seller
makes no warranties other than is disclosed herein in Paragraph 21 (“SELLER WARRANTIES”) and
marketability of title. Buyer’s covenant to purchase the Property “as is” is more specifically represented
in the following paragraph.
[A04-01801 /165202/1] Page 4 of 7
a. As Is With Right of Inspection: Buyer may, at Buyer expense within 14 days following the
effective date hereof ("Inspection Period"), conduct inspections, tests, environmental and any other
investigations of the Property Buyer deems necessary to determine suitability for Buyer's intended use.
Upon Seller’s execution hereof, Seller shall grant reasonable access to the Property to Buyer, its
agents, contractors and assigns for the purposes of conducting the inspections provided, however, that
all such persons enter the Property and conduct the inspections and investigations at their own risk.
Seller will, upon reasonable notice, provide utilities services as may be required for Buyer's inspections
and investigations. Buyer shall not engage in any activity that could result in a mechanics lien being
filed against the Property without Seller's prior written consent. Buyer may terminate this contract by
written notice to Seller prior to expiration of the Inspection Period if the inspections and/or investigations
reveal conditions which are reasonably unsatisfactory to Buyer. In the alternative, at the Buyer’s sole
discretion, if Seller offers to repair or otherwise remedy such conditions to Buyer satisfaction, Buyer
may accept such offer; or Buyer, at its option, may elect to accept a credit at closing of the total
estimated repair costs as determined by a licensed general contractor of Buyer's selection and
expense. If Buyer terminates this contract, and this transaction does not close, Buyer agrees, at Buyer
expense, to repair all damages to the Property resulting from the inspections and investigations and
return the Property to its present condition.
16. WALK-THROUGH INSPECTION
At a time mutually agreeable between the parties, but not later than the day prior to closing, Buyer may
conduct a final "walk-through" inspection of the Property to determine compliance with any Seller
obligations and to insure that all Property is in and on the premises. No new issues may be raised as a
result of the walk-through.
17. RISK OF LOSS
If the Property is damaged by fire or other casualty before closing and cost of restoration does not
exceed 3% of the assessed valuation of the Property so damaged, cost of restoration shall be an
obligation of the Seller and closing shall proceed pursuant to the terms of this contract. If the cost of
restoration exceeds 3% of the assessed valuation of the improvements so damaged, Buyer shall have
the option of either taking the Property "as is", together with any insurance proceeds payable by virtue
of such loss or damage, or of canceling this contract.
18. PROCEEDS OF SALE; CLOSING PROCEDURE
The deed shall be recorded upon clearance of funds. Proceeds of sale shall be held in escrow by
Seller's attorney or by such other mutually acceptable escrow agent for a period of not longer than 5
days from and after closing, during which time evidence of title shall be continued at Buyer's expense to
show title in Buyer, without any encumbrances or change which would render Seller's title
unmarketable from the date of the last title evidence. If Seller's title is rendered unmarketable through
no fault of the Buyer, Buyer shall, within the 5 day period, notify the Seller in writing of the defect and
Seller shall have 30 days from the date of receipt of such notification to cure the defect. If Seller fails to
timely cure the defect, all funds paid by or on behalf of the Buyer shall, upon written demand made by
Buyer and within 5 days after demand, be returned to Buyer and simultaneously with such repayment,
Buyer shall vacate the Property and reconvey it to Seller by special warranty deed. If Buyer fails to
make timely demand for refund, Buyer shall take title "as is", waiving all rights against Seller as to any
intervening defect except as may be available to Buyer by virtue of warranties contained in the deed.
The escrow and closing procedure required by this provision may be waived if title agent insures
adverse matters pursuant to Section 627.7841, F.S. (2014), as amended.
[A04-01801 /165202/1] Page 5 of 7
19. DEFAULT
If this transaction is not closed due to any default or failure on the part of the Seller, other than to make
the title marketable after diligent effort, Buyer may seek specific performance or unilaterally cancel this
agreement upon giving written notice to Seller. If this transaction is not closed due to any default or
failure on the part of the Buyer, Seller may seek specific performance. If a Broker is owed a brokerage
fee regarding this transaction, the defaulting party shall be liable for such fee.
20. SELLER WARRANTIES
Seller has no knowledge of latent defects on the Property or any improvement located on the Property
except as set forth below: (Specify known defects. If none are known, write “NONE”)
___________________
Buyer shall have the number of days granted in Paragraph 15(a) above ("Inspection Period") to
investigate said matters as disclosed by the Seller, and shall notify Seller in writing whether Buyer will
close on this contract notwithstanding said matters, or whether Buyer shall elect to cancel this contract.
If Buyer fails to so notify Seller within said time period, Buyer shall be deemed to have waived any
objection to the disclosed matters and shall have the obligation to close on the contract.
21. RADON GAS NOTIFICATION
In accordance with provisions of Section 404.056(8), Florida Statutes (2014), as amended, Buyer is
hereby informed as follows:
RADON GAS: Radon is a naturally occurring radioactive gas that, when it has
accumulated in a building in sufficient quantities, may present health risks to persons
who are exposed to it over time. Levels of radon that exceed federal and state guidelines
have been found in buildings in Florida. Additional information regarding radon and radon
testing may be obtained from your county public health unit.
22. CONTRACT NOT RECORDABLE; PERSONS BOUND
Neither this contract nor any notice of it shall be recorded in any public records. This contract shall bind
and inure to the benefit of the parties and their successors in interest. Whenever the context permits,
singular shall include plural and one gender shall include all.
23. NOTICE
All notices provided for herein shall be deemed to have been duly given if and when deposited in the
United States Mail, properly stamped and addressed to the respective party to be notified, including the
parties to this contact, the parties attorneys, escrow agent, inspectors, contractors and all others who
will in any way act at the behest of the parties to satisfy all terms and conditions of this contract.
24. ASSIGNABILITY; PERSONS BOUND
This contract is not assignable. The terms "Buyer", "Seller", and "Broker" (if any) may be singular or
plural. This Contract is binding upon Buyer, Seller, and their heirs, personal representatives,
successors and assigns (if assignment is permitted).
[A04-01801 /165202/1] Page 6 of 7
25. ATTORNEY FEES; COSTS
In any litigation arising out of this contract, the prevailing party shall be entitled to recover reasonable
attorney's fees and costs.
26. TYPEWRITTEN OR HANDWRITTEN PROVISIONS
Typewritten or handwritten provisions shall control all printed provisions of contract in conflict with them.
27. BROKER REPRESENTATION
Seller is represented by a Licensed Real Estate Broker upon Seller’s execution hereof. Seller is
responsible for any such Broker fee or expense due to said Broker.
28. EFFECT OF PARTIAL INVALIDITY
The invalidity of any provision of this contract will not and shall not be deemed to affect the validity of
any other provision. In the event that any provision of this contract is held to be invalid, the parties
agree that the remaining provisions shall be deemed to be in full force and effect as if they had been
executed by both parties subsequent to the expungement of the invalid provision.
29. GOVERNING LAW
It is agreed by and between the parties hereto that this contract shall be governed by, construed, and
enforced in accordance with the laws of the State of Florida.
30. COUNTERPARTS; FACSIMILE COPY
This contract may be executed in two or more counterparts, each of which shall be deemed an original
and all of which together shall constitute one instrument. A facsimile copy of this contract, including any
addendum, attachments and any written modifications hereof, and any initials or signature thereon shall
be deemed an original.
31. ENTIRE AGREEMENT
Upon execution by Seller and Buyer, this contract shall constitute the entire agreement between the
parties, shall supersede any and all prior and contemporaneous written and oral promises,
representations or conditions in respect thereto. All prior negotiations, agreements, memoranda and
writings shall be merged herein. Any changes to be made in this agreement shall only be valid when
expressed in writing, acknowledged by the parties and incorporated herein or attached hereto.
(The Remainder of this Page Intentionally Left Blank)
[A04-01801 /165202/1] Page 7 of 7
EXECUTED this _____ day of ________________________, 201 5 by Seller.
TBI HOLDINGS, LLC
Attest:
______________________________ By: ___________________________
______________________________ ______________________________
Print Name Print Name
______________________________
______________________________
Print Name
APPROVED BY BUYER & EFFECTIVE this _____ day of _________________________, 201 5.
THE CITY OF CLEARWATER, FLORIDA
By: _____________________________
George N. Cretekos, Mayor
Approved as to form: Attest:
_________________________ ___________________________
Laura Lipowski Mahony Rosemarie Call
Assistant City Attorney City Clerk
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ID#15-1169
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: Action ItemIn Control: Parks & Recreation
Agenda Number: 5.3
SUBJECT/RECOMMENDATION:
Approve annual blanket purchase order (BPO) and two one-year renewal terms at the City's
option (Invitation To Bid 25-15) with Audio Services Plus Inc (ASP) of Tampa, FL, in the
annual amount of $125,000 for Special Events Services including the purchase of labor,
materials and equipment to perform staging, rigging, lights and sound for various concerts and
special events held throughout the year. (consent)
SUMMARY:
Staff is requesting that a blanket purchase order be awarded to ASP of Tampa, FL for Special
Event Services, to construct staging for all of the various events and concerts held in
Clearwater, especially those held at Coachman Park.
Of the three contractors that submitted bids ASP was the lowest and most responsive to the
bid specifications.
The City has past experience with this vendor and they have performed very well and met all
of staff expectations. In addition they have met all of the safety engineering requirements for
temporary staging which is inspected at every event by a City Engineer of Record.
Also, McCarthy and Associates Engineering has reviewed this contract and confirms that all of
the equipment and staging to be used in this bid meets or exceeds all State safety standards.
The City is not obligated to use any or the entire amount being requested however, in Fiscal
Year 2013/14 approximately $80,000 was used for various events.
This amount is being increased to $125,000 due to additional Centennial events this year as
well as the potential for additional events in the future.
Annual renewals will not exceed $125,000 without appropriate authorization/approval, as
required.
APPROPRIATION CODE AND AMOUNT:
Funding for this BPO will come from a variety of operating and capital improvement codes in
the Parks and Recreation Department but primarily the Special Events Code 181-99865.
USE OF RESERVE FUNDS:
N/A
Page 1 City of Clearwater Printed on 4/9/2015
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ID#15-1176
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: Action ItemIn Control: Parks & Recreation
Agenda Number: 5.4
SUBJECT/RECOMMENDATION:
Approve a Special Event Agreement template to be used when partnering with various media
outlets, primarily radio stations, to present special events at Coachman Park; and authorize
the City Manager or his designee to approve future event agreements. (consent)
SUMMARY:
The City has a history of partnering with local radio stations to bring concerts and special
events to Clearwater, most notably at Coachman Park. In the past, when an agreement is
needed between the City and the partner it is negotiated and brought forward as a separate
item to the Council. Each individual agreement is time consuming to negotiate.
Staff is requesting that a standard Special Event Agreement template be approved by the
Council that has been thoroughly vetted by all City departments including Risk Management,
Finance and Legal. This template will allow the special events staff to quickly negotiate
agreements with our partners and they will know exactly what the City will or won’t do in terms
of the event.
This will save staff time and make things run more efficiently as we attempt to bring quality
concerts and special events to Clearwater.
Staff is also requesting that the City Manager or his designee have the authority to enter into
these agreements in the future.
The most recent example of a separate agreement that was approved by Council was the
agreement between Beasley (formerly CBS Radio) and the City for the Wild Splash Concert.
APPROPRIATION CODE AND AMOUNT:
N/A
USE OF RESERVE FUNDS:
N/A
Page 1 City of Clearwater Printed on 4/9/2015
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ID#15-1178
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: Action ItemIn Control: Parks & Recreation
Agenda Number: 5.5
SUBJECT/RECOMMENDATION:
Approve an initial agreement between the City of Clearwater and the Florida Department of
Health (FDOH) for a grant in the amount of $37,500 from May 1, 2015 to September 30, 2015
to help improve the health of Clearwater residents; and authorize the City Manager or his
designee to approve future grant agreements relative to this program. (consent)
SUMMARY:
Pinellas County Health Department (PCDOH) applied for and received a three-year grant from
the Centers for Disease and Control (CDC) for the Partnerships to Improve Community Health
(PICH) program. Additional agreements will be forthcoming from PCDOH for the remaining
two years of the grant upon their receipt of funding from the CDC. Staff is requesting that the
City Manager or his designee approve the future grant agreements.
Since the City of Clearwater is the second largest city in Pinellas and a strong partner with the
PCDOH, Clearwater was selected to be a grant recipient. The first period of the grant is from
May 1, 2015 to September 30, 2015, in the amount of $37,500.
The overall goal of this program is to improve the health of our residents through better
access to physical activity and healthy foods and beverages.
Clearwater’s plan will first be to focus on determining the wellness needs in Clearwater by
conducting a Needs Assessment and Asset Mapping. Once that is created the remaining two
years of the grant will be focused on the implementation of the plan.
Staff is recommending that the majority of the grant be used to hire either an intern or
consultant to conduct the Needs Assessment and Asset Mapping and promote the
implementation of the plan.
If Council decides not to approve the grant application Pinellas County will choose another city
to receive the grant funding.
This grant was brought forward and approved by the Resource Management Committee at
their March 4, 2015 meeting.
The City's Wellness Specialist will oversee the grant and implementation of this program. No
additional operating costs will be incurred by the City due to this grant.
APPROPRIATION CODE AND AMOUNT:
A mid-year budget amendment will increase program 181-99869, Health Prevention Program
by $37,500 to account for this grant funding.
Page 1 City of Clearwater Printed on 4/9/2015
File Number: ID#15-1178
USE OF RESERVE FUNDS:
N/A
Page 2 City of Clearwater Printed on 4/9/2015
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ID#15-1179
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: Action ItemIn Control: Parks & Recreation
Agenda Number: 5.6
SUBJECT/RECOMMENDATION:
Approve the grant agreement between the City of Clearwater and the National Council on
Aging (NCOA) for a grant in the amount of $10,000 to provide a nutrition program for 200
Clearwater residents and authorize the appropriate officials to execute same. (consent)
SUMMARY:
The City has been awarded a grant in the amount of $10,000 to provide a six-module nutrition
program called Next Steps to Better Nutrition for 200 Clearwater adults age sixty and older.
NCOA is offering this prestigious program in two states, Texas and Florida, at 20 sites.
Clearwater program locations include four city sites: Aging Well Center, North Greenwood
Recreation and Aquatics Center, North Greenwood Library and the Countryside Recreation
Center.
The program curriculum was developed by NCOA and the American Heart Association which
includes: Stretching Your Budget to Pay for Healthy Food; Making Healthy Food Choices;
Adapting Comfort Food for Health; Keeping Your Heart Healthy; Healthy Cooking
Demonstration and On Your Way to Better Nutrition.
The City’s program partners are: National Council on Aging, American Heart Association,
Walmart Foundation and the Delta Sigma Theta Sorority’s Clearwater Alumnae Chapter.
No matching funds are required for this grant.
This grant was brought forward and approved by the Resource Management Committee at
their March 4, 2015 meeting.
No additional operating impacts are needed to support this program.
APPROPRIATION CODE AND AMOUNT:
A mid-year budget amendment will establish program 181-99905, Next Steps to Better
Nutrition, with a budget of $10,000 to account for this grant funding.
USE OF RESERVE FUNDS:
N/A
Page 1 City of Clearwater Printed on 4/9/2015
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ID#15-1135
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: Action ItemIn Control: Engineering Department
Agenda Number: 6.1
SUBJECT/RECOMMENDATION:
Declare list of equipment surplus to the needs of the City; authorize disposition through sale to
the highest bidder through public auction and authorize the appropriate officials to execute
same. (consent)
SUMMARY:
All surplus diesel electric generators are/will no longer be in service as they have been
upgraded by multiple Public Utilities Capital Improvement projects. The intent is to sell all the
surplus designated equipment listed in the attachment to a sole highest bidder. The selected
highest bidder will be responsible for the transportation of the equipment from their current
locations at three city facilities.
Pursuant to City of Clearwater Code of Ordinances, Section 2.621, surplus sales of common
bulk items of an estimated value greater than $5,000 shall be through public auction or open
market, following authorization by the City Council. The estimated value of the surplus
generators is $25,000. The open market bid opportunity will be handled in accordance with
code and purchasing policy, Section 23 Sale of Surplus Personal Property.
APPROPRIATION CODE AND AMOUNT:
0-421-00000-364412-000-000-0000 - Surplus Machinery and Equipment.
USE OF RESERVE FUNDS:
N/A
Page 1 City of Clearwater Printed on 4/9/2015
CITY OF CLEARWATER GENERATOR SALVAGE
CLEARWATER FLORIDA
Below is description of diesel engine generators the City of Clearwater would like salvage
pricing.The salvager would hand all transportation and protection from the site of generator
location to final destination (FOB Origin). The City will be responsible for removing generator
from their current permanent setting and have them placed on the salvager’s transportation
vehicle. It will be the salvager’s responsibility to coordinate this with the City’s contractor
removing the generators, so as to have one continuous “lift” from generator platform to truck.
The City will be responsible that all fluids are drained from the diesel engines. It will be the
salvagers responsible to provide all protection means for transportation. Please provide
written quote.
The following engine generators are offered:
One -Caterpillar Model 3142 600kW (750kVA, 902A) diesel engine generator, 480V 3 Phase
Wye, 1300C Rise. Current running hours 1498 (Still in service) Generator has remote radiator
(roof mounted). Well maintained with weekly run test under load for 1 hour (@70% load
capacity). Oil and filter changed 1/16/14.Used for standby power at City’s East Wastewater
Treatment Plant. In addition, 50gal Simplex Day Tank is offered.
One -Caterpillar Model 3508 800kW (1000kVA, 1203A) diesel engine generator, 480V 3 Phase
Wye, 1300C Rise. Current running hours 1480 (Still in service) Generator has remote radiator
(roof mounted). Well maintained with weekly run test under load for 1 hour (@75% load
capacity). Oil and filter changed 1/16/14. Used for standby power at City’s East Wastewater
Treatment Plant. In addition, 50gal Pryco Day Tank is offered.Control Panel recently replaced.
One -Onan Model 150.ODVE-15R 30762B 100kW (125kVA) diesel engine generator, 480V,
3-Phase Wye, 1300C Rise. Current running hours 787 (Still in service) Generator has onboard
radiator. Well maintained with weekly run test under load for 1 hour (@80% load capacity). Oil
and filter changed 1/16/14. Used for standby power at City’s RO 1 Water Treatment Plant. 500
gal bulk storage tank is offered.
One –1987 Cummins 200kW/250kVA, 480/277V generator Mod. 200.0DFP-17R/30248M with
onboard radiator.Total hours used 736. Unit also has muffler and exhaust piping. In addition
generator has separate 500gallon fuel tank and 400A Onan transfer switch Mod. OTCU400-
G/15G.
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ID#15-1159
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: Action ItemIn Control: Engineering Department
Agenda Number: 6.2
SUBJECT/RECOMMENDATION:
Approve the final plat for Nolan Subdivision, whose physical address is 901 Cleveland Street,
located on the south side of Cleveland Street between South Martin Luther King Jr. Avenue
and Park Street at Prospect Lake. (consent)
SUMMARY:
This plat will create one lot consisting of 6.6 acres more or less.
This is a mixed use development that will include commercial space and apartments.
The Flexible development case was reviewed by the Development Review Committee on May
1, 2014.
The Development Order was issued on July 21, 2014.
Page 1 City of Clearwater Printed on 4/9/2015
PROJECTLOCATION
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²Prep ared b y:En gineering D epartm entGeographic Technology Division100 S. M yrtle Ave, Clearwater, FL 33756Ph: (727)562-4750, Fax: (727)526-4755www.MyC learwater.com CRM TM N.T.S.287A 15-29-153/1 8/2 015Map G e n By:Reviewed By :S-T-R:Gr id #:Date :Scale:
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Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: 15-08
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: ResolutionIn Control: Engineering Department
Agenda Number: 6.3
SUBJECT/RECOMMENDATION:
Accept the transfer of title to three parcels that have escheated to Pinellas County in
accordance with Section 197.592(3), Florida Statutes, authorize the appropriate officials to
execute same and adopt Resolution 15-08.
SUMMARY:
Tax deeds were recently issued to Pinellas County for properties located at 1408 Monroe
Avenue, 1112 Palm Bluff Street and 404 Blanche B. Littlejohn Trail. These properties have
escheated to the County for non-payment of taxes. Per Florida Statutes, such tax deeds are
issued when three years have passed from the day a parcel of land was offered for public sale
and placed on the list of “lands available for taxes” without having been purchased.
Florida Statutes require that land acquired by any county of the state for delinquent taxes
which have not been previously sold, acquired for infill housing, or dedicated by the board of
county commissioners, and which are located within the boundaries of an incorporated
municipality of the county shall be conveyed to the municipality in which the land is located.
Such lands conveyed to the municipality shall be freely alienable to the municipality without
regard to third parties. Liens of record held by the county on such parcels conveyed to a
municipality shall not survive the conveyance of the property to the municipality.
APPROPRIATION CODE AND AMOUNT:
N/A
USE OF RESERVE FUNDS:
N/A
Page 1 City of Clearwater Printed on 4/9/2015
Resolution No. 15-08
RESOLUTION NO. 15-08
A RESOLUTION OF THE CITY OF CLEARWATER,
FLORIDA, ACCEPTING A DEED TO THREE PARCELS OF
REAL PROPERTY LYING WITHIN THE CITY OF
CLEARWATER THAT HAVE ESCHEATED TO PINELLAS
COUNTY; PROVIDING AN EFFECTIVE DATE.
WHEREAS, pursuant to Section 197.502(8), Florida Statutes, real property
escheats to the county in which it is located three years after the day the land was
offered for public sale but has not been previously sold; and
WHEREAS, pursuant to Section 197.592(3), land acquired by any county of the
state for delinquent taxes which have not been previously sold, acquired for infill
housing, or dedicated by the board of county commissioners, and which are located
within the boundaries of an incorporated municipality of the county shall be conveyed to
the municipality in which the land is located ; and
WHEREAS, properties located at 404 Blanche B. Littlejohn Trail, 1112 Palm
Bluff Street and 1408 Monroe Avenue have escheated to Pinellas County and l ie within
the corporate limits of the City of Clearwater, Florida; now, therefore,
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF CLEARWATER, FLORIDA:
Section 1. That the City of Clearwater accepts the deed transferring real
property from Pinellas County.
Section 2. This resolution shall take effect immediately upon adoption.
PASSED AND ADOPTED this _______ day of _____________, 2015.
____________________________
George N. Cretekos
Mayor
Approved as to form: Attest:
__________________________ _____________________________
Laura Lipowski Mahony Rosemarie Call
Assistant City Attorney City Clerk
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²Prepared by:Engineering DepartmentGeographic Technology Division100 S. Myrtle Ave, Clearwater, FL 33756Ph: (727)562-4750, Fax: (727)526-4755www.MyClearwater.com JB CL N.T.S.3/24/2015Map Gen By:Reviewed By:Date:Scale:
THREE PARCELS ESCHEATED TO PINELLAS COUNTY
404 Blanche B. Littlejohn Trail
1112 Palm Bluff Street
1408 Monroe Avenue
Document Path: V:\GIS\_Staff\Jim_B\Projects-Location Maps\Chuck Lane\3 parcels escheated.mxd
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²Prepared by:Engineering DepartmentGeographic Technology Division100 S. Myrtle Ave, Clearwater, FL 33756Ph: (727)562-4750, Fax: (727)526-4755www.MyClearwater.com JB CL N.T.S.277B 09-29s-15e3/24/2015Map Gen By:Reviewed By:S-T-R:Grid #:Date:Scale:
09/29/15/37422/002/0080Generally located among other residential dwellings.Zoning - Downtown / Future Land Use - Center Business DistrictSize - 51' x 121'
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²Prepared by:Engineering DepartmentGeographic Technology Division100 S. Myrtle Ave, Clearwater, FL 33756Ph: (727)562-4750, Fax: (727)526-4755www.MyClearwater.com JB CL N.T.S.269A 10-29s-15e3/24/2015Map Gen By:Reviewed By:S-T-R:Grid #:Date:Scale:
10/29/15/33552/006/0390Generally located among other residential dwellings.Zoning - Medium Density Residential / Future Land Use - Residential MediumSize - 40' x 91'
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Document Path: V:\GIS\_Staff\Jim_B\Projects-Location Maps\Chuck Lane\1408 Monroe Ave Escheated.mxd
²Prepared by:Engineering DepartmentGeographic Technology Division100 S. Myrtle Ave, Clearwater, FL 33756Ph: (727)562-4750, Fax: (727)526-4755www.MyClearwater.com JB CL N.T.S.269A 10-29s-15e3/24/2015Map Gen By:Reviewed By:S-T-R:Grid #:Date:Scale:
10/29/15/51948/004/0040Generally located among other residential dwellings.Zoning - Medium Density Residential / Future Land Use - Residential UrbanSize - 36' x 93'
1408 Monroe Avenue
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: 8714-15
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: OrdinanceIn Control: Engineering Department
Agenda Number: 6.4
SUBJECT/RECOMMENDATION:
Approve the request from Stress Free Construction, LLC to vacate a portion of a platted
drainage easement located on property addressed at 2606 Brewton Court; and pass
Ordinance 8714-15 on first reading (VAC2014-05).
SUMMARY:
Stress Free Construction, LLC has requested the drainage easement vacation for the purpose
of increasing the number of buildable lots on its property. Staff has reviewed the request; the
City’s Stormwater Division has no present need and anticipates no future need for the
easement for drainage purposes.
Page 1 City of Clearwater Printed on 4/9/2015
1 Ordinance No. 8714-15
ORDINANCE NO. 8714-15
AN ORDINANCE OF THE CITY OF CLEARWATER,
FLORIDA, VACATING A PORTION OF THAT CERTAIN
DRAINAGE EASEMENT LYING WITHIN LOTS 85 AND 86
WYNWOODS LANDING II AS SHOWN ON THAT CERTAIN
PLAT RECORDED IN PLAT BOOK 88, PAGES 40, 41 AND
42 OF THE PUBLIC RECORDS OF PINELLAS COUNTY,
FLORIDA; PROVIDING AN EFFECTIVE DATE.
WHEREAS, Stress Free Property Management, Inc., owner in fee title of the real
property described herein and depicted in Exhibit “A” attached hereto, has requested that
the City vacate said drainage easement; and
WHEREAS, the City Council of the City of Clearwater, Florida finds that said
drainage easement is not necessary for public use, thus should be vacated, as these
actions are in the best interest of the City and the general public; now, therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF CLEARWATER, FLORIDA:
Section 1. The following:
A drainage easement described as follows:
DESCRIPTION: A PORTION OF DRAINAGE EASEMENT IN LOTS 85 AND 86
WYNWOODS LANDING II AS SHOWN ON PLAT RECORDED IN PLAT BOOK 88,
PAGES 40, 41 AND 42 OF THE PUBLIC RECORDS OF PINELLAS COUNTY,
FLORIDA, MORE PATICULARLY DESCRIBED AS FOLLOWS: COMMENCE AT THE
SOUTHEAST CORNER OF SAID LOT 85; THENCE RUN NORTH 00°24'48" W,
126.77 FEET ALONG THE EAST BOUNDARY LINE OF SAID LOT 85 TO THE
SOUTHERLY BOUNDARY LINE OF SAID DRAINAGE EASEMENT IN LOT 85 AND
TO THE POINT OF BEGINNING: THENCE RUN NORTH 84°56'11" W, 58.49 FEET
ALONG SAID SOUTHERLY BOUNDARY LINE; THENCE NORTH 70°08'31" W, 23.21
FEET ALONG SAID SOUTHERLY BOUNDARY LINE TO A POINT ON THE
BOUNDARY LINE DEVIDING SAID LOT 85 AND LOT 86: CONTINUE THENCE
NORTH 70°08'31" W, 17.14 FEET ALONG SAID SOUTHERLY BOUNDARY LINE;
THENCE NORTH 70°45'13" W, 144.57 FEET ALONG SAID SOUTHERLY
BOUNDARY LINE TO THE NORTHEAST CORNER OF A 10.0' WIDE DRAINAGE &
UTILITY EASEMENT ALONG THE WEST BOUNDARY LINE OF SAID LOT 86;
THENCE NORTH 00°24'48" WEST, 6.15 FEET PARALLEL WITH AND 10.00 FEET
EAST OF THE WEST BOUNDARY LINE OF SAID LOT 86; THENCE NORTH
51°19'08" EAST, 51.97 FEET; THENCE SOUTH 49°17'27" EAST, 5.88 FEET;
THENCE SOUTH 57°49'42" EAST, 7.34 FEET; THENCE SOUTH 65°56'57" EAST,
5.30 FEET; THENCE SOUTH 73°36'52" EAST, 6.03 FEET; THENCE SOUTH
78°30'51" EAST, 20.29 FEET; THENCE SOUTH 76°11'03" EAST, 6.63 FEET; THENCE
2 Ordinance No. 8714-15
SOUTH 60°38'18" EAST, 4.23 FEET; THENCE SOUTH 56°04'25" EAST, 3.33 FEET;
THENCE SOUTH 50°50'57" EAST, 23.26 FEET; THENCE SOUTH 50°58'12" EAST,
13.04 FEET; THENCE SOUTH 61°16'09" EAST, 12.92 FEET; THENCE SOUTH
63°22'33" EAST, 3.89 FEET; THENCE SOUTH 78°10'17" EAST, 1.36 FEET;
THENCE SOUTH 15°58'20" EAST, 6.02 FEET; THENCE SOUTH 34°36'21" EAST,
7.52 FEET; THENCE SOUTH 58°44'53" EAST, 11.65 FEET; THENCE SOUTH
69°47'56" EAST, 8.89 FEET; THENCE SOUTH 64°44'02" EAST, 11.19 FEET; THENCE
SOUTH 72°23'35" EAST, 11.68 FEET; THENCE SOUTH 81°48'57" EAST, 2.65 FEET;
THENCE SOUTH 67°58'45" EAST, 3.60 FEET; THENCE SOUTH 74°32'30" EAST,
15.27 FEET; THENCE SOUTH 79°44'54" EAST, 12.13 FEET; THENCE SOUTH
76°43'43" EAST, 7.99 FEET; THENCE SOUTH 80°48'10" EAST, 5.02 FEET;
THENCE SOUTH 87°36'45" EAST, 2.93 FEET; THENCE SOUTH 00°24'45" EAST,
12.76 FEET TO THE POINT OF BEGINNING.
CONTAINING 7,508 SQUARE FEET
is hereby vacated, closed and released, and the City of Clearwater releases all of its
right, title and interest thereto.
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. Cretekos
Mayor
Approved as to form: Attest:
________________________________ ________________________________
Laura Lipowski Mahony Rosemarie Call
Assistant City Attorney City Clerk
EXHIBIT A
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LOCATION MAP
²Prepared by:Engineering DepartmentGeographic Technology Division100 S. Myrtle Ave, Clearwater, FL 33756Ph: (727)562-4750, Fax: (727)526-4755www.MyClearwater.com
Proposed Easement Vacation
JB CL N.T.S.178A 17-28s-16e03/25/2015Map Gen By:Reviewed By:S-T-R:Grid #:Date:Scale:
2606 Brewton CourtProposed Drainage Easement VacationOrd. No. 8714-15
Document Path: V:\GIS\_Staff\Jim_B\Projects-Location Maps\Chuck Lane\2606 Brewton Ct Easement Vac..mxd
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²Prepared by:Engineering DepartmentGeographic Technology Division100 S. Myrtle Ave, Clearwater, FL 33756Ph: (727)562-4750, Fax: (727)526-4755www.MyClearwater.com
Proposed Easement Vacation
JB CL N.T.S.178A 17-28s-16e03/25/2015Map Gen By:Reviewed By:S-T-R:Grid #:Date:Scale:
2606 Brewton CourtProposed Drainage Easement VacationOrd. No. 8714-15
Document Path: V:\GIS\_Staff\Jim_B\Projects-Location Maps\Chuck Lane\2606 Brewton Ct Easement Vac2..mxd
Drainage Easement To Remain
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ANX2015-02003
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: Planning CaseIn Control: Planning & Development
Agenda Number: 7.1
SUBJECT/RECOMMENDATION:
Approve the annexation, initial Future Land Use Map designations of Residential Low (RL)
and Preservation (P) and initial Zoning Atlas designations of Low Medium Density Residential
(LMDR) and Preservation (P) Districts for 2127 Pleasant Parkway, and pass Ordinances
8693-15, 8694-15 and 8695-15 on first reading. (ANX2015-02003)
SUMMARY:
This voluntary annexation petition involves one parcel of land totaling 0.265 acres. The parcel
is occupied by a single-family dwelling and is located on the south side of Pleasant Parkway,
approximately 350 feet south of Bell Cheer Drive. The applicant is requesting annexation in
order to receive solid waste service from the City, and will be connected to City sewer as part
of the Belcher Area Sanitary Sewer Extension Project Area. The property is contiguous to
existing City boundaries along the west and south. It is proposed that the property be
assigned Future Land Use Map designations of Residential Low (RL) and Preservation (P)
and the zoning categories of Low Medium Density Residential (LMDR) and Preservation (P).
The Planning and Development Department determined that the proposed annexation is
consistent with the provisions of Clearwater Community Development Code Section 4-604.E
as follows:
·The property currently receives water service from Pinellas County. Collection of solid
waste will be provided to the property by the City. The applicant has paid the sewer
impact fee in full, and will be connected to the system once it is available. The property
is located within Police District II and service will be administered through the district
headquarters located at 645 Pierce Street. Fire and emergency medical services will
be provided to the property by Station 47 located at 1460 Lakeview Road. The City has
adequate capacity to serve the property with sanitary sewer, solid waste, police, fire
and EMS service. The property will continue to receive water from Pinellas County .
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 objectives and
policy 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
Page 1 City of Clearwater Printed on 4/9/2015
File Number: ANX2015-02003
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 Residential Low (RL) Future Land Use Map and Preservation (P)
categories are consistent with the current Countywide Plan designations of the
property. The Residential Low (RL) designation primarily permits residential uses at a
density of 5 units per acre. The Preservation (P) category recognizes the watershed
and drainage features on the property, which is connected to the conservation area
south of the subject property. The proposed zoning districts to be assigned to the
property are the Low Medium Density Residential (LMDR) and Preservation (P)
Districts. The use of the subject property is consistent with the uses allowed in the
Low Medium Density Residential (LMDR) 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 along the west
and south; therefore, the annexation is consistent with Florida Statutes Chapter 171.044.
APPROPRIATION CODE AND AMOUNT:
N/A
USE OF RESERVE FUNDS:
N/A
Page 2 City of Clearwater Printed on 4/9/2015
Ordinance No. 8693-15
ORDINANCE NO. 8693-15
AN ORDINANCE OF THE CITY OF CLEARWATER,
FLORIDA, ANNEXING CERTAIN REAL PROPERTY
LOCATED ON THE SOUTH SIDE OF PLEASANT
PARKWAY APPROXIMATELY 345 FEET SOUTH OF BELL
CHEER DRIVE, WHOSE POST OFFICE ADDRESS IS 2127
PLEASANT PARKWAY, CLEARWATER, FLORIDA 33764,
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 Exhibit A for legal description;
(ANX2015-02003)
The map attached as Exhibit B 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.
Ordinance No. 8693-15
PASSED ON FIRST READING
PASSED ON SECOND AND FINAL
READING AND ADOPTED
George N. Cretekos
Mayor
Approved as to form:
Camilo A. Soto
Assistant City Attorney
Attest:
Rosemarie Call
City Clerk
Exhibit A
LEGAL DESCRIPTION
ANX2015‐02003
=========================================================================================
The West half of Lot 8, and the East half of Lot 7, further described as follows:
Starting at the Southwest corner of Lot 8, PLEASANT RIDGE ESTATES, according to the plat thereof,
as recorded in Plat Book 53, page 71, of the public records of Pinellas County, Florida, and run North
89° 04’ 02” West 60.61 feet; thence North 15° 34’ 56” East 148.05 feet; thence along a curve to the left
radius 85 feet arc 23.48 feet chord 23.40 feet, chord bearing South 80° 07’ 41” East; thence continue
along said curve to the left radius 85 feet arc 9.83 feet chord 9.82 feet, chord bearing North 88° 39’ 45”
East; thence South 89° 04’ 02” East 30.23 feet; thence South 00° 55’ 58” West 140 feet; thence North
89° 04’ 02” West 40 feet to the Point of Beginning.
Exhibit B
PROPOSED ANNEXATION MAP
Owner(s): James R. and Balbina Householder Case: ANX2015-02003
Site: 2127 Pleasant Parkway
Property
Size(Acres):
ROW (Acres):
0.265
N/A
Land Use Zoning
PIN: 24-29-15-72144-000-0080
From : RL , P R-1
Atlas Page: 308B To: RL , P LMDR , P
50
10
0
40
60
50
60
60
60
60
60
62408
72144
064080642606444
13158
10 9 87 6 5 4 3 2 1
11
40
3
4
5
6
7 9 10
11
12
13141516
1112 1314 15 18
1 2 3321987 6 5 4 3 2
18 19 20 2122 23 24 25 26 27 28 29 30 31
1234
13
14
15
16 17
1 2
6 7 8
8
16
11/01
5.11
11/04
4.76
11/011/0511/03
11/02 11/06 11/07
A C(C)
A C
LAKEVIEW RD
BELL CHEER DR
BELL DR
DORADO PL
6
34
5
21
4
8
21
3
0
21
6
1
21
5
5
21
3
7
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5
5
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6
1
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4
7
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6
7
21
7
3
2100
2173
2167
2157
2155
2149
2143
2139
2125
2174
2166
2160
2142
2138
2130
2124
2118
2112
2106
2100
2106
2111
2115
2 1192123
2135
2143
1222
1228
1234
2085
2091
1256well
1250LS47
PLEASANT PKWY
YULEE DR
2154
2143
2185
2188
2127
2124
2110
2118
2079
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-
Rev. 02/04/2015
Ordinance No. 8694-15
ORDINANCE NO. 8694-15
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
SOUTH SIDE OF PLEASANT PARKWAY APPROXIMATELY 345
FEET SOUTH OF BELL CHEER DRIVE, WHOSE POST OFFICE
ADDRESS IS 2127 PLEASANT PARKWAY, CLEARWATER,
FLORIDA 33764, UPON ANNEXATION INTO THE CITY OF
CLEARWATER, AS RESIDENTIAL LOW (RL) AND
PRESERVATION (P); 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 Exhibit A for legal description;Residential Low
(RL) and
Preservation (P)
(ANX2015-02003)
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.
Section 3. This ordinance shall take effect immediately upon adoption, contingent upon
and subject to the adoption of Ordinance No. 8693-15
Ordinance No. 8694-15
PASSED ON FIRST READING
PASSED ON SECOND AND FINAL
READING AND ADOPTED
George N. Cretekos
Mayor
Approved as to form:
Camilo A. Soto
Assistant City Attorney
Attest:
Rosemarie Call
City Clerk
Exhibit A
LEGAL DESCRIPTION
ANX2015‐02003
=========================================================================================
The West half of Lot 8, and the East half of Lot 7, further described as follows:
Starting at the Southwest corner of Lot 8, PLEASANT RIDGE ESTATES, according to the plat thereof,
as recorded in Plat Book 53, page 71, of the public records of Pinellas County, Florida, and run North
89° 04’ 02” West 60.61 feet; thence North 15° 34’ 56” East 148.05 feet; thence along a curve to the left
radius 85 feet arc 23.48 feet chord 23.40 feet, chord bearing South 80° 07’ 41” East; thence continue
along said curve to the left radius 85 feet arc 9.83 feet chord 9.82 feet, chord bearing North 88° 39’ 45”
East; thence South 89° 04’ 02” East 30.23 feet; thence South 00° 55’ 58” West 140 feet; thence North
89° 04’ 02” West 40 feet to the Point of Beginning.
Exhibit B
FUTURE LAND USE MAP
Owner(s): James R. and Balbina Householder Case: ANX2015-02003
Site: 2127 Pleasant Parkway
Property
Size(Acres):
ROW (Acres):
0.265
N/A
Land Use Zoning
PIN: 24-29-15-72144-000-0080
From : RL , P R-1
Atlas Page: 308B To: RL , P LMDR , P
50
10
0
40
60
50
60
60
60
60
60
62408
72144
064080642606444
13158
10 9 87 6 5 4 3 2 1
11
40
3
4
5
6
7 9 10
11
12
13141516
1112 1314 15 18
1 2 3321987 6 5 4 3 2
18 19 20 2122 23 24 25 26 27 28 29 30 31
1234
13
14
15
16 17
1 2
6 7 8
8
16
11/01
5.11
11/04
4.76
11/011/0511/03
11/02 11/06 11/07
A C(C)
A C
P
RL
RL
R/OS
RU
RU
RUR/OS
RL
WATER
RU
LAKEVIEW RD
BELL CHEER DR
BELL DR
DORADO PL
6
34
5
21
4
8
21
3
0
21
6
1
21
5
5
21
3
7
21
4
9
21
6
7
1300 21
1
9
21
3
1
1
2
1
6
20
9
9
214
7
21
0
7
21
7
9
21
3
1
21
4
3
21
0
9
21
1
7
21
2
5
21
0
1
21
3
5
21
5
5
21
6
1
21
4
7
21
6
7
21
7
3
2100
2173
2167
2157
2155
2149
2143
2139
2125
2174
2166
2160
2142
2138
2130
2124
2118
2112
2106
2100
2106
2111
2115
2 1192123
2135
2143
1228
1234
2091
1256well
1250LS47
PLEASANT PKWY
YULEE DR
2154
2143
2125
2185
2188
2127
2124
2110
2118
1222
2085
2079
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Rev. 02/04/2015
Ordinance No. 8695-15
ORDINANCE NO. 8695-15
AN ORDINANCE OF THE CITY OF CLEARWATER,
FLORIDA, AMENDING THE ZONING ATLAS OF THE CITY
BY ZONING CERTAIN REAL PROPERTY LOCATED ON
THE SOUTH SIDE OF PLEASANT PARKWAY
APPROXIMATELY 345 FEET SOUTH OF BELL CHEER
DRIVE, WHOSE POST OFFICE ADDRESS IS 2127
PLEASANT PARKWAY, CLEARWATER, FLORIDA 33764,
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:
The map attached as Exhibit B 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. 8693-15
Property Zoning District
See attached Exhibit A for legal description;
Low Medium Density Residential
(LMDR) and Preservation (P)
(ANX2015-02003)
Ordinance No. 8695-15
PASSED ON FIRST READING
PASSED ON SECOND AND FINAL
READING AND ADOPTED
George N. Cretekos
Mayor
Approved as to form:
Camilo A. Soto
Assistant City Attorney
Attest:
Rosemarie Call
City Clerk
Exhibit A
LEGAL DESCRIPTION
ANX2015‐02003
=========================================================================================
The West half of Lot 8, and the East half of Lot 7, further described as follows:
Starting at the Southwest corner of Lot 8, PLEASANT RIDGE ESTATES, according to the plat thereof,
as recorded in Plat Book 53, page 71, of the public records of Pinellas County, Florida, and run North
89° 04’ 02” West 60.61 feet; thence North 15° 34’ 56” East 148.05 feet; thence along a curve to the left
radius 85 feet arc 23.48 feet chord 23.40 feet, chord bearing South 80° 07’ 41” East; thence continue
along said curve to the left radius 85 feet arc 9.83 feet chord 9.82 feet, chord bearing North 88° 39’ 45”
East; thence South 89° 04’ 02” East 30.23 feet; thence South 00° 55’ 58” West 140 feet; thence North
89° 04’ 02” West 40 feet to the Point of Beginning.
Exhibit B
ZONING MAP
Owner(s): James R. and Balbina Householder Case: ANX2015-02003
Site: 2127 Pleasant Parkway
Property
Size(Acres):
ROW (Acres):
0.265
N/A
Land Use Zoning
PIN: 24-29-15-72144-000-0080
From : RL , P R-1
Atlas Page: 308B To: RL , P LMDR , P
50
10
0
40
60
50
60
60
60
60
60
62408
72144
064080642606444
13158
10 9 87 6 5 4 3 2 1
11
40
3
4
5
6
7 9 10
11
12
13141516
1112 1314 15 18
1 2 3321987 6 5 4 3 2
18 19 20 2122 23 24 25 26 27 28 29 30 31
1234
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15
16 17
1 2
6 7 8
8
16
11/01
5.11
11/04
4.76
11/011/0511/03
11/02 11/06 11/07
A C(C)
A C
P
OS/R
LMDR
LMDR
LMDR
P
LMDR
LMDRLMDR
LAKEVIEW RD
BELL CHEER DR
BELL DR
DORADO PL
6
34
5
21
4
8
21
3
0
21
6
1
21
5
5
21
3
7
21
4
9
21
6
7
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1
9
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2
5
21
3
1
1
2
1
6
20
9
9
214
7
21
0
7
21
4
3
21
0
9
21
1
7
21
2
5
21
0
1
21
5
5
21
6
1
21
4
7
21
6
7
2100
2173
2167
2157
2155
2149
2143
2139
2125
2174
2166
2160
2142
2138
2130
2124
2118
2112
2106
2100
2106
2115
2 1192123
2135
2143
1222
1234
2085
2091
1256well
1250LS47
PLEASANT PKWY
YULEE DR
2154
2143
1300
2179
2131
2135
2173
2185
2188
2111
2127
2124
2110
2118
1228
2079
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Rev. 02/04/2015
LOCATION MAP
Owner(s): James R. and Balbina Householder Case: ANX2015-02003
Site: 2127 Pleasant Parkway
Property
Size(Acres):
ROW (Acres):
0.265
N/A
Land Use Zoning
PIN: 24-29-15-72144-000-0080
From : RL , P R-1
Atlas Page: 308B To: RL , P LMDR , P
^
PROJECT
SITE
BE
L
C
H
E
R
R
D
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AERIAL PHOTOGRAPH
Owner(s): James R. and Balbina Householder Case: ANX2015-02003
Site: 2127 Pleasant Parkway
Property
Size(Acres):
ROW (Acres):
0.265
N/A
Land Use Zoning
PIN: 24-29-15-72144-000-0080
From : RL , P R-1
Atlas Page: 308B To: RL , P LMDR , P
LAKEVIEW RD LAKEVIEW RD
BELL CHEER DR BELL CHEER DR
PL
E
A
S
A
N
T
P
K
W
Y
PL
E
A
S
A
N
T
P
K
W
Y
BELL DR
BELL DR
DORADO PL DORADO PL
YULEE DR
YULEE DR
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PROPOSED ANNEXATION MAP
Owner(s): James R. and Balbina Householder Case: ANX2015-02003
Site: 2127 Pleasant Parkway
Property
Size(Acres):
ROW (Acres):
0.265
N/A
Land Use Zoning
PIN: 24-29-15-72144-000-0080
From : RL , P R-1
Atlas Page: 308B To: RL , P LMDR , P
50
10
0
40
60
50
60
60
60
60
60
62408
72144
064080642606444
13158
10 9 87 6 5 4 3 2 1
11
40
3
4
5
6
7 9 10
11
12
13141516
1112 1314 15 18
1 2 3321987 6 5 4 3 2
18 19 20 2122 23 24 25 26 27 28 29 30 31
1234
13
14
15
16 17
1 2
6 7 8
8
16
11/01
5.11
11/04
4.76
11/011/0511/03
11/02 11/06 11/07
A C(C)
A C
LAKEVIEW RD
BELL CHEER DR
BELL DR
DORADO PL
6
34
5
21
4
8
21
3
0
21
6
1
21
5
5
21
3
7
21
4
9
21
6
7
1300 21
1
9
21
2
5
21
3
1
1
2
1
6
20
9
9
214
7
21
0
7
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7
9
21
3
1
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4
3
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0
9
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1
7
21
2
5
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0
1
21
3
5
21
5
5
21
6
1
21
4
7
21
6
7
21
7
3
2100
2173
2167
2157
2155
2149
2143
2139
2125
2174
2166
2160
2142
2138
2130
2124
2118
2112
2106
2100
2106
2111
2115
2 1192123
2135
2143
1222
1228
1234
2085
2091
1256well
1250LS47
PLEASANT PKWY
YULEE DR
2154
2143
2185
2188
2127
2124
2110
2118
2079
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FUTURE LAND USE MAP
Owner(s): James R. and Balbina Householder Case: ANX2015-02003
Site: 2127 Pleasant Parkway
Property
Size(Acres):
ROW (Acres):
0.265
N/A
Land Use Zoning
PIN: 24-29-15-72144-000-0080
From : RL , P R-1
Atlas Page: 308B To: RL , P LMDR , P
50
10
0
40
60
50
60
60
60
60
60
62408
72144
064080642606444
13158
10 9 87 6 5 4 3 2 1
11
40
3
4
5
6
7 9 10
11
12
13141516
1112 1314 15 18
1 2 3321987 6 5 4 3 2
18 19 20 2122 23 24 25 26 27 28 29 30 31
1234
13
14
15
16 17
1 2
6 7 8
8
16
11/01
5.11
11/04
4.76
11/011/0511/03
11/02 11/06 11/07
A C(C)
A C
P
RL
RL
R/OS
RU
RU
RUR/OS
RL
WATER
RU
LAKEVIEW RD
BELL CHEER DR
BELL DR
DORADO PL
6
34
5
21
4
8
21
3
0
21
6
1
21
5
5
21
3
7
21
4
9
21
6
7
1300 21
1
9
21
3
1
1
2
1
6
20
9
9
214
7
21
0
7
21
7
9
21
3
1
21
4
3
21
0
9
21
1
7
21
2
5
21
0
1
21
3
5
21
5
5
21
6
1
21
4
7
21
6
7
21
7
3
2100
2173
2167
2157
2155
2149
2143
2139
2125
2174
2166
2160
2142
2138
2130
2124
2118
2112
2106
2100
2106
2111
2115
2 1192123
2135
2143
1228
1234
2091
1256well
1250LS47
PLEASANT PKWY
YULEE DR
2154
2143
2125
2185
2188
2127
2124
2110
2118
1222
2085
2079
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ZONING MAP
Owner(s): James R. and Balbina Householder Case: ANX2015-02003
Site: 2127 Pleasant Parkway
Property
Size(Acres):
ROW (Acres):
0.265
N/A
Land Use Zoning
PIN: 24-29-15-72144-000-0080
From : RL , P R-1
Atlas Page: 308B To: RL , P LMDR , P
50
10
0
40
60
50
60
60
60
60
60
62408
72144
064080642606444
13158
10 9 87 6 5 4 3 2 1
11
40
3
4
5
6
7 9 10
11
12
13141516
1112 1314 15 18
1 2 3321987 6 5 4 3 2
18 19 20 2122 23 24 25 26 27 28 29 30 31
1234
13
14
15
16 17
1 2
6 7 8
8
16
11/01
5.11
11/04
4.76
11/011/0511/03
11/02 11/06 11/07
A C(C)
A C
P
OS/R
LMDR
LMDR
LMDR
P
LMDR
LMDRLMDR
LAKEVIEW RD
BELL CHEER DR
BELL DR
DORADO PL
6
34
5
21
4
8
21
3
0
21
6
1
21
5
5
21
3
7
21
4
9
21
6
7
21
1
9
21
2
5
21
3
1
1
2
1
6
20
9
9
214
7
21
0
7
21
4
3
21
0
9
21
1
7
21
2
5
21
0
1
21
5
5
21
6
1
21
4
7
21
6
7
2100
2173
2167
2157
2155
2149
2143
2139
2125
2174
2166
2160
2142
2138
2130
2124
2118
2112
2106
2100
2106
2115
2 1192123
2135
2143
1222
1234
2085
2091
1256well
1250LS47
PLEASANT PKWY
YULEE DR
2154
2143
1300
2179
2131
2135
2173
2185
2188
2111
2127
2124
2110
2118
1228
2079
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EXISTING SURROUNDING USES MAP
Owner(s): James R. and Balbina Householder Case: ANX2015-02003
Site: 2127 Pleasant Parkway
Property
Size(Acres):
ROW (Acres):
0.265
N/A
Land Use Zoning
PIN: 24-29-15-72144-000-0080
From : RL , P R-1
Atlas Page: 308B To: RL , P LMDR , P
50
10
0
40
60
50
60
60
60
60
60
62408
72144
064080642606444
13158
10 9 87 6 5 4 3 2 1
11
40
3
4
5
6
7 9 10
11
12
13141516
1112 1314 15 18
1 2 3321987 6 5 4 3 2
18 19 20 2122 23 24 25 26 27 28 29 30 31
1234
13
14
15
16 17
1 2
6 7 8
8
16
11/01
5.11
11/04
4.76
11/011/0511/03
11/02 11/06 11/07
A C(C)
A C
LAKEVIEW RD
BELL CHEER DR
BELL DR
DORADO PL
6
34
5
21
4
8
21
3
0
21
6
1
21
5
5
21
3
7
21
4
9
21
6
7
1300 21
1
9
21
2
5
21
3
1
1
2
1
6
20
9
9
214
7
21
0
7
21
7
9
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3
1
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4
3
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0
9
21
1
7
21
2
5
21
0
1
21
3
5
21
5
5
21
6
1
21
4
7
21
6
7
21
7
3
2100
2173
2167
2157
2155
2149
2143
2139
2125
2174
2166
2160
2142
2138
2130
2124
2118
2112
2106
2100
2106
2111
2115
2 1192123
2135
2143
1222
1228
1234
2085
2091
1256well
1250LS47
PLEASANT PKWY
YULEE DR
2154
2143
2185
2188
2127
2124
2110
2118
2079
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Rev. 02/04/2015
City Conservation Land
City
Conservation
Land
Single Family Residential
Single Family
Residential
View looking south at the subject property, 2127 Pleasant
Parkway
East of the subject property
West of the subject propertyAcross the street, to the north of the subject
property
ANX2015-02003
Householder, James R. and Balbina
2127 Pleasant Parkway
View looking easterly along Pleasant ParkwayView looking westerly along Pleasant Parkway
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ANX2015-02004
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: Planning CaseIn Control: Planning & Development
Agenda Number: 7.2
SUBJECT/RECOMMENDATION:
Approve the annexation, initial Future Land Use Map designations of Residential Low (RL)
and Preservation (P)/Drainage Feature Overlay and initial Zoning Atlas designations of Low
Medium Density Residential (LMDR) and Preservation (P) Districts for 1701 Owen Drive and
pass Ordinances 8696-15, 8697-15 and 8698-15 on first reading. (ANX2015-02004)
SUMMARY:
This voluntary annexation petition involves one parcel of land totaling 0.228 acres. The parcel
is occupied by a single -family dwelling and is located on the northeast corner of Owen Drive
and SR 590. The applicant is requesting annexation in order to receive solid waste and
sanitary sewer service from the City. The property is contiguous to existing City boundaries
along the south and east. It is proposed that the property be assigned Future Land Use Map
designations of Residential Low (RL) and Preservation (P)/Drainage Feature Overlay and the
zoning categories of Low Medium Density Residential (LMDR) and Preservation (P).
The Planning and Development Department determined that the proposed annexation is
consistent with the provisions of Clearwater Community Development Code Section 4-604.E
as follows:
·The property currently receives water service from Pinellas County. Collection of solid
waste will be provided to the property by the City. The applicant has paid the sewer
impact and assessment fees in full, and has been connected to the sanitary sewer
system. The property is located within Police District III and service will be
administered through the district headquarters located at 2851 McMullen Booth Road .
Fire and emergency medical services will be provided to the property by Station 48
located at 1700 North Belcher Road. The City has adequate capacity to serve the
property with sanitary sewer, solid waste, police, fire and EMS service. The property
will continue to receive water service from Pinellas County. 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 objectives and
policy 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
Page 1 City of Clearwater Printed on 4/9/2015
File Number: ANX2015-02004
Area.
Policy A.7.2.3 Continue to process voluntary annexations for single -family
residential properties upon request.
·The proposed Residential Low (RL), Preservation (P), and Drainage Feature Overlay
Future Land Use Map categories are consistent with the current Countywide Plan
designations of the property. The Residential Low (RL) designation primarily permits
residential uses at a density of 5 units per acre. The Preservation (P) and Drainage
Feature overlay categories recognize the watershed and drainage features on the
property. The proposed zoning districts to be assigned to the property are the Low
Medium Density Residential (LMDR) and Preservation (P) Districts. The use of the
subject property is consistent with the uses allowed in the Low Medium Density
Residential (LMDR) 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 along
the south and east; therefore, the annexation is consistent with Florida Statutes
Chapter 171.044.
APPROPRIATION CODE AND AMOUNT:
N/A
USE OF RESERVE FUNDS:
N/A
Page 2 City of Clearwater Printed on 4/9/2015
Ordinance No. 8696-15
ORDINANCE NO. 8696-15
AN ORDINANCE OF THE CITY OF CLEARWATER,
FLORIDA, ANNEXING CERTAIN REAL PROPERTY
LOCATED ON THE NORTHEAST CORNER OF OWEN
DRIVE AND SR 590, WHOSE POST OFFICE ADDRESS IS
1701 OWEN DRIVE, CLEARWATER, FLORIDA 33759, 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 22, PINELLAS TERRACE, according to the map or plat thereof as recorded in
Plat Book 49, Page 52, of the Public Records of Pinellas County, Florida;
(ANX2015-02004)
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.
Ordinance No. 8696-15
PASSED ON FIRST READING
PASSED ON SECOND AND FINAL
READING AND ADOPTED
George N. Cretekos
Mayor
Approved as to form:
Camilo A. Soto
Assistant City Attorney
Attest:
Rosemarie Call
City Clerk
Exhibit A
PROPOSED ANNEXATION MAP
Owner(s): Krystal Alli & Paul Sherrad Shull Case: ANX2015-02004
Site: 1701 Owen Drive
Property
Size(Acres):
ROW (Acres):
0.228
N/A
Land Use Zoning
PIN: 05-29-16-71424-000-0220
From : RL R-3
Atlas Page: 264A To:
RL ,
P/DRAINAGE
FEATURE OVERLAY
LMDR , P
60 50 50 66 66
50 60
71424
94392
94374
15
16
17
18
19
20
21
2223
24
25
26
27
28
29
3043
44
45
46
47
48
49
5051
52
53
54
55
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57
5871
72
73
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75
76
77
78 1
2
3
4
5
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8
9
1
2
3
4
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6
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8
922
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24
25
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27
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30 1
2
3
4
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8
922
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25
26
27
28
29
30
60
5050
606050
60
60
60
60
60
64041
1
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7
8
912
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1920 12345
1819202122
1 2
1516
1
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2
3
4 21
22
23
24
1
2
3
4
5
6
7
22/01
22/02
4.63 A C
1
1
1
SR 590
OWEN D
R
EVANS DR
LUCAS DR
AUDREY DR
CARDINAL DR
WEST VIR
GIN
IA
L
N
KUMQUAT DR
PIN
EAPPLE LN
27
2
9
1520
2712
2713
2723
2729
2735
1512
1537
1573
1591
1554
1673
1637
1539 1502
1504
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2700
1707
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1725
1701
1707
1713
1719
1731
1737 1728
1732
1590
1636
1654
16182651
2661
2657
2653
1729
1509
2730
1655
2720
1619
2726
1517
2730
1513
1691
2667
2722
2739
2739
1516
2741
1508
1572
2635
1724
1724
1733
1733
1701
1737
1743
1700
1718
1706
1712
1724
1736
1701
1715
1737
1700
1706
1712
1718
1724
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1509
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Ordinance No. 8697-15
ORDINANCE NO. 8697-15
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
NORTHEAST CORNER OF OWEN DRIVE AND SR 590,
WHOSE POST OFFICE ADDRESS IS 1701 OWEN DRIVE,
CLEARWATER, FLORIDA 33759, UPON ANNEXATION INTO THE
CITY OF CLEARWATER, AS RESIDENTIAL LOW (RL) AND
PRESERVATION (P)/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
Lot 22, PINELLAS TERRACE, according to the
map or plat thereof as recorded in Plat Book 49,
Page 52, of the Public Records of Pinellas
County, Florida;
Residential Low
(RL) and
Preservation (P) /
Drainage Feature
Overlay
(ANX2015-02004)
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. 8696-15.
Ordinance No. 8697-15
PASSED ON FIRST READING
PASSED ON SECOND AND FINAL
READING AND ADOPTED
George N. Cretekos
Mayor
Approved as to form:
Camilo A. Soto
Assistant City Attorney
Attest:
Rosemarie Call
City Clerk
Exhibit A
FUTURE LAND USE MAP
Owner(s): Krystal Alli & Paul Sherrad Shull Case: ANX2015-02004
Site: 1701 Owen Drive
Property
Size(Acres):
ROW (Acres):
0.228
N/A
Land Use Zoning
PIN: 05-29-16-71424-000-0220
From : RL R-3
Atlas Page: 264A To:
RL ,
P/DRAINAGE
FUTURE OVERLAY
LMDR , P
60 50 50 66 66
50 60
71424
94392
94374
15
16
17
18
19
20
21
2223
24
25
26
27
28
29
3043
44
45
46
47
48
49
5051
52
53
54
55
56
57
5871
72
73
74
75
76
77
78 1
2
3
4
5
6
7
8
9
1
2
3
4
5
6
7
8
922
23
24
25
26
27
28
29
30 1
2
3
4
5
6
7
8
922
23
24
25
26
27
28
29
30
60
5050
606050
60
60
60
60
60
64041
1
2
3
4
5
6
7
8
912
13
14
15
16
17
18
1920 12345
1819202122
1 2
1516
1
1
2
3
4 21
22
23
24
1
2
3
4
5
6
7
22/01
22/02
4.63 A C
1
1
1
RU
RLRLRL RL
RU
RL
RL
RL
RL
RL
RL
RL
PRH
RL
R/OL
RL
SR 590
OWEN D
R
EVA
NS DR
LUCAS DR
AUDREY DR
CARDINAL DR
WEST
VIRGINIA LN
KUMQUAT DR
PINEAPPLE L
N 1520
2712
27
1
3
27
2
9
27
3
5
1512
1537
1573
1591
1673
1637
1539 1502
1504
1506
1602
1600
1508
1604
1705
1701
1705
1709
1721
1704
1708
1712
1716
1720
1728
1732
1701
1721
1725
1729
1704
1716
1718
27
0
0
1707
1725
1713
1730
1707
1725
1701
1707
1713
1731
1737 1728
1732
1590
1654
1618
26
6
1
26
5
7
26
5
3
1729
27
30
1655
27
2
0
27
26
1517
273
0
1691
2667
272
2
P
CG
CG
RL
RL
RU
RU
27
3
9
27
2
9
27
3
9
1516
27
2
3
27
4
1
1508
1554
1572
1512
1510
26
3
5
1717
1724
1717
1724
1733
1712
1719
1733
1701
1737
1743
1700
1718
1706
1712
1724
1736
1701
1715
1719
1737
1700
1706
1712
1718
1724
1730
1736
1742
1719
1725
18
22
26
30
734
738
742
1731
1636
1670
1680
26
5
1
26
5
5
1509
273
2
1509
1619
1513
27
38
1521
-N
o
t
t
o
S
c
a
l
e
-
-N
o
t
a
S
u
r
v
e
y
-
Rev. 02/04/2015
Ordinance No. 8698-15
ORDINANCE NO. 8698-15
AN ORDINANCE OF THE CITY OF CLEARWATER,
FLORIDA, AMENDING THE ZONING ATLAS OF THE CITY
BY ZONING CERTAIN REAL PROPERTY LOCATED ON
THE NORTHEAST CORNER OF OWEN DRIVE AND SR
590, WHOSE POST OFFICE ADDRESS IS 1701 OWEN
DRIVE, CLEARWATER, FLORIDA 33759, 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:
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. 8696-15.
Property Zoning District
Lot 22, PINELLAS TERRACE, according to
the map or plat thereof as recorded in Plat
Book 49, Page 52, of the Public Records of
Pinellas County, Florida;
Low Medium Density Residential
(LMDR) and Preservation (P)
(ANX2015-02004)
Ordinance No. 8698-15
PASSED ON FIRST READING
PASSED ON SECOND AND FINAL
READING AND ADOPTED
George N. Cretekos
Mayor
Approved as to form:
Camilo A. Soto
Assistant City Attorney
Attest:
Rosemarie Call
City Clerk
Exhibit A
ZONING MAP
Owner(s): Krystal Alli & Paul Sherrad Shull Case: ANX2015-02004
Site: 1701 Owen Drive
Property
Size(Acres):
ROW (Acres):
0.228
N/A
Land Use Zoning
PIN: 05-29-16-71424-000-0220
From : RL R-3
Atlas Page: 264A To:
RL ,
P/DRAINAGE
FEATURE OVERLAY
LMDR , P
60 50 50 66 66
50 60
71424
94392
94374
15
16
17
18
19
20
21
2223
24
25
26
27
28
29
3043
44
45
46
47
48
49
5051
52
53
54
55
56
57
5871
72
73
74
75
76
77
78 1
2
3
4
5
6
7
8
9
1
2
3
4
5
6
7
8
922
23
24
25
26
27
28
29
30 1
2
3
4
5
6
7
8
922
23
24
25
26
27
28
29
30
60
5050
606050
60
60
60
60
60
64041
1
2
3
4
5
6
7
8
912
13
14
15
16
17
18
1920 12345
1819202122
1 2
1516
1
1
2
3
4 21
22
23
24
1
2
3
4
5
6
7
22/01
22/02
4.63 A C
1
1
1
SR 590
OWEN D
R
EVANS DR
LUCAS DR
AUDREY DR
CARDINAL DR
WEST VIR
GIN
IA
L
N
KUMQUAT DR
PIN
EAPPLE LN
LMDR
MDR
O
27
2
9
1520
2712
2713
2723
2729
2735
1512
1537
1573
1591
1554
1673
1637
1539 1502
1504
1506
1512
1602
1600
1508
1510
1604
1705
1717
1701
1705
1709
1721
1717
1704
1708
1712
1716
1720
1728
1732
1701
1721
1725
1729
1704
1712
1716
1718
2700
1707
1719
1725
1713
1730
1707
1719
1725
1701
1707
1713
1719
1731
1737 1728
1732
1590
1636
1654
16182651
2661
2657
2653
1729
1509
2730
1655
1619
2726
1517
2730
1513
1691
2667
2722
MHDR
LDRLMDR
LMDR
C
P
2739
2739
1516
2741
1508
1572
2635
1724
1724
1733
1733
1701
1737
1743
1700
1718
1706
1712
1724
1736
1701
1715
1737
1700
1706
1712
1718
1724
1730
1736
1742
1725
18
22
26
30
734
738
742
1731
1670
1680
2655
2732
2720
1509
2738
1521
-N
o
t
t
o
S
c
a
l
e
-
-N
o
t
a
S
u
r
v
e
y
-
Rev. 02/04/2015
LOCATION MAP
Owner(s): Krystal Alli & Paul Sherrad Shull Case: ANX2015-02004
Site: 1701 Owen Drive
Property
Size(Acres):
ROW (Acres):
0.228
N/A
Land Use Zoning
PIN: 05-29-16-71424-000-0220
From : RL R-3
Atlas Page: 264A To:
RL ,
P/DRAINAGE
FEATURE OVERLAY
LMDR , P
^
PROJECT
SITE
US 19
-N
o
t
t
o
S
c
a
l
e
-
-N
o
t
a
S
u
r
v
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y
-
Rev. 02/04/2015
AERIAL PHOTOGRAPH
Owner(s): Krystal Alli & Paul Sherrad Shull Case: ANX2015-02004
Site: 1701 Owen Drive
Property
Size(Acres):
ROW (Acres):
0.228
N/A
Land Use Zoning
PIN: 05-29-16-71424-000-0220
From : RL R-3
Atlas Page: 264A To:
RL ,
P/DRAINAGE
FEATURE OVERLAY
LMDR , P
SR 590 SR 590
OWEN D
R
OWEN D
R
EVANS DR
EVANS DR
LUCAS DR
LUCAS DR
AUDREY DR
AUDREY DR
CARDINAL DR
CARDINAL DR
WEST VIR
GIN
IA
L
N
WEST VIR
GIN
IA
L
N
KUMQUAT DR KUMQUAT DR
PIN
EAPPLE LN
PIN
EAPPLE LN
-N
o
t
t
o
S
c
a
l
e
-
-N
o
t
a
S
u
r
v
e
y
-
Rev. 02/04/2015
PROPOSED ANNEXATION MAP
Owner(s): Krystal Alli & Paul Sherrad Shull Case: ANX2015-02004
Site: 1701 Owen Drive
Property
Size(Acres):
ROW (Acres):
0.228
N/A
Land Use Zoning
PIN: 05-29-16-71424-000-0220
From : RL R-3
Atlas Page: 264A To:
RL ,
P/DRAINAGE
FEATURE OVERLAY
LMDR , P
60 50 50 66 66
50 60
71424
94392
94374
15
16
17
18
19
20
21
2223
24
25
26
27
28
29
3043
44
45
46
47
48
49
5051
52
53
54
55
56
57
5871
72
73
74
75
76
77
78 1
2
3
4
5
6
7
8
9
1
2
3
4
5
6
7
8
922
23
24
25
26
27
28
29
30 1
2
3
4
5
6
7
8
922
23
24
25
26
27
28
29
30
60
5050
606050
60
60
60
60
60
64041
1
2
3
4
5
6
7
8
912
13
14
15
16
17
18
1920 12345
1819202122
1 2
1516
1
1
2
3
4 21
22
23
24
1
2
3
4
5
6
7
22/01
22/02
4.63 A C
1
1
1
SR 590
OWEN D
R
EVANS DR
LUCAS DR
AUDREY DR
CARDINAL DR
WEST VIR
GIN
IA
L
N
KUMQUAT DR
PIN
EAPPLE LN
27
2
9
1520
2712
2713
2723
2729
2735
1512
1537
1573
1591
1554
1673
1637
1539 1502
1504
1506
1512
1602
1600
1508
1510
1604
1705
1717
1701
1705
1709
1721
1717
1704
1708
1712
1716
1720
1728
1732
1701
1721
1725
1729
1704
1712
1716
1718
2700
1707
1719
1725
1713
1730
1707
1719
1725
1701
1707
1713
1719
1731
1737 1728
1732
1590
1636
1654
16182651
2661
2657
2653
1729
1509
2730
1655
2720
1619
2726
1517
2730
1513
1691
2667
2722
2739
2739
1516
2741
1508
1572
2635
1724
1724
1733
1733
1701
1737
1743
1700
1718
1706
1712
1724
1736
1701
1715
1737
1700
1706
1712
1718
1724
1730
1736
1742
1725
18
22
26
30
734
738
742
1731
1670
1680
2655
2732
1509
2738
1521
-N
o
t
t
o
S
c
a
l
e
-
-N
o
t
a
S
u
r
v
e
y
-
Rev. 02/04/2015
FUTURE LAND USE MAP
Owner(s): Krystal Alli & Paul Sherrad Shull Case: ANX2015-02004
Site: 1701 Owen Drive
Property
Size(Acres):
ROW (Acres):
0.228
N/A
Land Use Zoning
PIN: 05-29-16-71424-000-0220
From : RL R-3
Atlas Page: 264A To:
RL ,
P/DRAINAGE
FUTURE OVERLAY
LMDR , P
60 50 50 66 66
50 60
71424
94392
94374
15
16
17
18
19
20
21
2223
24
25
26
27
28
29
3043
44
45
46
47
48
49
5051
52
53
54
55
56
57
5871
72
73
74
75
76
77
78 1
2
3
4
5
6
7
8
9
1
2
3
4
5
6
7
8
922
23
24
25
26
27
28
29
30 1
2
3
4
5
6
7
8
922
23
24
25
26
27
28
29
30
60
5050
606050
60
60
60
60
60
64041
1
2
3
4
5
6
7
8
912
13
14
15
16
17
18
1920 12345
1819202122
1 2
1516
1
1
2
3
4 21
22
23
24
1
2
3
4
5
6
7
22/01
22/02
4.63 A C
1
1
1
RU
RLRLRL RL
RU
RL
RL
RL
RL
RL
RL
RL
PRH
RL
R/OL
RL
SR 590
OWEN D
R
EVA
NS DR
LUCAS DR
AUDREY DR
CARDINAL DR
WEST
VIRGINIA LN
KUMQUAT DR
PINEAPPLE L
N 1520
2712
27
1
3
27
2
9
27
3
5
1512
1537
1573
1591
1673
1637
1539 1502
1504
1506
1602
1600
1508
1604
1705
1701
1705
1709
1721
1704
1708
1712
1716
1720
1728
1732
1701
1721
1725
1729
1704
1716
1718
27
0
0
1707
1725
1713
1730
1707
1725
1701
1707
1713
1731
1737 1728
1732
1590
1654
1618
26
6
1
26
5
7
26
5
3
1729
27
30
1655
27
2
0
27
26
1517
273
0
1691
2667
272
2
P
CG
CG
RL
RL
RU
RU
27
3
9
27
2
9
27
3
9
1516
27
2
3
27
4
1
1508
1554
1572
1512
1510
26
3
5
1717
1724
1717
1724
1733
1712
1719
1733
1701
1737
1743
1700
1718
1706
1712
1724
1736
1701
1715
1719
1737
1700
1706
1712
1718
1724
1730
1736
1742
1719
1725
18
22
26
30
734
738
742
1731
1636
1670
1680
26
5
1
26
5
5
1509
273
2
1509
1619
1513
27
38
1521
-N
o
t
t
o
S
c
a
l
e
-
-N
o
t
a
S
u
r
v
e
y
-
Rev. 02/04/2015
ZONING MAP
Owner(s): Krystal Alli & Paul Sherrad Shull Case: ANX2015-02004
Site: 1701 Owen Drive
Property
Size(Acres):
ROW (Acres):
0.228
N/A
Land Use Zoning
PIN: 05-29-16-71424-000-0220
From : RL R-3
Atlas Page: 264A To:
RL ,
P/DRAINAGE
FEATURE OVERLAY
LMDR , P
60 50 50 66 66
50 60
71424
94392
94374
15
16
17
18
19
20
21
2223
24
25
26
27
28
29
3043
44
45
46
47
48
49
5051
52
53
54
55
56
57
5871
72
73
74
75
76
77
78 1
2
3
4
5
6
7
8
9
1
2
3
4
5
6
7
8
922
23
24
25
26
27
28
29
30 1
2
3
4
5
6
7
8
922
23
24
25
26
27
28
29
30
60
5050
606050
60
60
60
60
60
64041
1
2
3
4
5
6
7
8
912
13
14
15
16
17
18
1920 12345
1819202122
1 2
1516
1
1
2
3
4 21
22
23
24
1
2
3
4
5
6
7
22/01
22/02
4.63 A C
1
1
1
SR 590
OWEN D
R
EVANS DR
LUCAS DR
AUDREY DR
CARDINAL DR
WEST VIR
GIN
IA
L
N
KUMQUAT DR
PIN
EAPPLE LN
LMDR
MDR
O
27
2
9
1520
2712
2713
2723
2729
2735
1512
1537
1573
1591
1554
1673
1637
1539 1502
1504
1506
1512
1602
1600
1508
1510
1604
1705
1717
1701
1705
1709
1721
1717
1704
1708
1712
1716
1720
1728
1732
1701
1721
1725
1729
1704
1712
1716
1718
2700
1707
1719
1725
1713
1730
1707
1719
1725
1701
1707
1713
1719
1731
1737 1728
1732
1590
1636
1654
16182651
2661
2657
2653
1729
1509
2730
1655
1619
2726
1517
2730
1513
1691
2667
2722
MHDR
LDRLMDR
LMDR
C
P
2739
2739
1516
2741
1508
1572
2635
1724
1724
1733
1733
1701
1737
1743
1700
1718
1706
1712
1724
1736
1701
1715
1737
1700
1706
1712
1718
1724
1730
1736
1742
1725
18
22
26
30
734
738
742
1731
1670
1680
2655
2732
2720
1509
2738
1521
-N
o
t
t
o
S
c
a
l
e
-
-N
o
t
a
S
u
r
v
e
y
-
Rev. 02/04/2015
PROPOSED ANNEXATION MAP
Owner(s): Krystal Alli & Paul Sherrad Shull Case: ANX2015-02004
Site: 1701 Owen Drive
Property
Size(Acres):
ROW (Acres):
0.228
N/A
Land Use Zoning
PIN: 05-29-16-71424-000-0220
From : RL R-3
Atlas Page: 264A To:
RL ,
P/DRAINAGE
FEATURE OVERLAY
LMDR , P
60 50 50 66 66
50 60
71424
94392
94374
15
16
17
18
19
20
21
2223
24
25
26
27
28
29
3043
44
45
46
47
48
49
5051
52
53
54
55
56
57
5871
72
73
74
75
76
77
78 1
2
3
4
5
6
7
8
9
1
2
3
4
5
6
7
8
922
23
24
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View looking east at the subject property, 1701 Owen DriveSouth of the subject property
North of the subject propertyAcross the street, to the east of the subject
property
ANX2015-02004
Shull, Krystal Alli and Paul Sherrad
1701 Owen Drive
View looking northerly along Owen DriveView looking southerly along Owen Drive
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ANX2015-02005
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: Planning CaseIn Control: Planning & Development
Agenda Number: 7.3
SUBJECT/RECOMMENDATION:
Approve the annexation, initial Future Land Use Map designation of Residential Urban
(RU) and initial Zoning Atlas designation of Low Medium Density Residential (LMDR)
District for 1268 and 1276 Sedeeva Circle North, 1226 Aloha Lane, 2063 North Betty
Lane, and 1233 and 1271 Palm Street; and pass Ordinances 8699-15, 8700-15 and
8701-15 on first reading. (ANX2015-02005)
SUMMARY:
This voluntary annexation petition involves six parcels of land totaling 0.887 acres. All
parcels are occupied by single -family dwellings. The six lots are located south of
Union Street, east of Douglas Avenue, north of Sunset Point Road (SR 576) and west
of Kings Highway. The applicants are requesting annexation in order to receive solid
waste service from the City, and will connect to city sewer as part of the City ’s
Idlewild/The Mall Septic-to-Sewer Project. The properties are contiguous to existing
city boundaries along at least one property boundary. It is proposed that the properties
be assigned a Future Land Use Map designation of Residential Urban (RU) and a
zoning category of Low Medium Density Residential (LMDR).
The Planning and Development Department determined that the proposed
annexations are consistent with the provisions of Clearwater Community Development
Code Section 4-604.E as follows:
·The properties currently receive water service from the City. Collection of solid
waste will be provided to the properties by the City. Four of the applicants have
paid the required sewer impact fee in full and are currently awaiting connection
to the City sewer system. The other two have not made any payments but they
are aware that the impact fee must be paid prior to connection and of the
financial incentives available. The properties are located within Police District II
and service will be administered through the district headquarters located at
645 Pierce Street. Fire and emergency medical services will be provided to
these properties by Station 51 located at 1720 Overbrook Avenue. The City has
adequate capacity to serve these properties with sanitary sewer, solid waste,
police, fire and EMS service. The proposed annexations will not have an
adverse effect on public facilities and their levels of service; and
·The proposed annexations are consistent with and promote the following
Page 1 City of Clearwater Printed on 4/9/2015
File Number: ANX2015-02005
objectives and policy 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 Residential Urban (RU) Future Land Use Map category is
consistent with the current Countywide Plan designation of these properties .
This designation primarily permits residential uses at a density of 7.5 units per
acre. The proposed zoning district to be assigned to the properties is the Low
Medium Density Residential (LMDR) District. The use of the subject properties
is consistent with the uses allowed in the District and the properties exceed the
District’s minimum dimensional requirements. The proposed annexations are
therefore consistent with the Countywide Plan and the City ’s Comprehensive
Plan and Community Development Code; and
·The properties proposed for annexation are contiguous to existing City limits
along at least one property boundary; therefore, the annexation is consistent
with Florida Statutes Chapter 171.044.
APPROPRIATION CODE AND AMOUNT:
N/A
USE OF RESERVE FUNDS:
N/A
Page 2 City of Clearwater Printed on 4/9/2015
Ordinance No. 8699-15
ORDINANCE NO. 8699-15
AN ORDINANCE OF THE CITY OF CLEARWATER,
FLORIDA, ANNEXING CERTAIN REAL PROPERTIES
LOCATED SOUTH OF UNION STREET, EAST OF
DOUGLAS AVENUE, NORTH OF SUNSET POINT ROAD
(SR 576) AND WEST OF KINGS HIGHWAY, WHOSE POST
OFFICE ADDRESSES ARE 1226 ALOHA LANE, 2063
NORTH BETTY LANE, 1233 PALM STREET, 1271 PALM
STREET, 1268 SEDEEVA CIRCLE NORTH AND 1276
SEDEEVA CIRCLE NORTH, INTO THE CORPORATE
LIMITS OF THE CITY, AND REDEFINING THE BOUNDARY
LINES OF THE CITY TO INCLUDE SAID ADDITIONS;
PROVIDING AN EFFECTIVE DATE.
WHEREAS, the owners of the real properties described herein and depicted on the
maps attached hereto as Exhibits B and C have 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 properties are hereby annexed into the City of
Clearwater and the boundary lines of the City are redefined accordingly:
See attached Exhibit A for legal descriptions
(ANX2015-02005)
The maps attached as Exhibits B and C are 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.
Ordinance No. 8699-15
PASSED ON FIRST READING
PASSED ON SECOND AND FINAL
READING AND ADOPTED
George N. Cretekos
Mayor
Approved as to form:
Camilo A. Soto
Assistant City Attorney
Attest:
Rosemarie Call
City Clerk
Exhibit A
LEGAL DESCRIPTIONS
ANX2015‐02005
=========================================================================================
No. Parcel ID Legal Description Address
1. 03-29-15-28098-000-0070 Lot 7 1268 Sedeeva Circle North
2. 03-29-15-28098-000-0030 West 10 feet of Lot 2 and all of Lot 3, LESS 1276 Sedeeva Circle North
that portion of Lot 3, as follows: Begin at the
Southwest corner of Lot 3 for Point of Beginning,
run East on the South line of Lot 3, 10 feet, thence
North 46 feet, thence Northwesterly 45 feet to a
point 58 feet East and 44 feet South of the Northwest
corner of Lot 4, thence North 44 feet to a point on the
North line of Lot 3, that is 8 feet East of the Northwest
corner of Lot 3, thence West on the North line of Lot 3,
8 feet, thence South 135 feet to the Point of Beginning.
The above in FLORADEL subdivision, as recorded in PLAT BOOK 15, PAGE 7, of the Public Records of Pinellas
County, Florida.
=========================================================================================
No. Parcel ID Legal Description Address
3. 03-29-15-87912-003-0070 Lot 7, Block 3 1226 Aloha Lane
The above in SUNSET KNOLL subdivision, as recorded in PLAT BOOK 24, PAGE 26, of the Public Records of Pinellas
County, Florida.
=========================================================================================
No. Parcel ID Legal Description Address
4. 03-29-15-12060-006-0050 South 40 feet of Lot 5 and North 10 feet of 2063 North Betty Lane
Lot 6, Block F
The above in BROOKLAWN subdivision, as recorded in PLAT BOOK 13, PAGE 59, of the Public Records of Pinellas
County, Florida.
=========================================================================================
No. Parcel ID Legal Description Address
5. 03-29-15-15840-002-0140 Lot 14 and the East 15 feet of Lot 13, Block B 1233 Palm Street
The above in CLEARDUN subdivision, as recorded in PLAT BOOK 13, PAGE 47, of the Public Records of Pinellas
County, Florida.
=========================================================================================
No. Parcel ID Legal Description Address
6. 03-29-15-46998-000-0140 Lot 14 1271 Palm Street
The above in KNIGHT’S ACRES subdivision, as recorded in PLAT BOOK 11, PAGE 67, of the Public Records of
Pinellas County, Florida.
Exhibit B
PROPOSED ANNEXATION MAP 1 OF 2
Owner(s): Multiple Owners Case: ANX2015-02005
Site:
South of Union Street, east of Douglas Avenue,
north of Sunset Point Road (SR 576) and west of
Kings Highway
Property
Size(Acres):
ROW (Acres):
0.887
N/A
Land Use Zoning
PIN: Parcels – See Exhibit A
From : RU R-4
Atlas Page: 251B To: RU LMDR
60 60
60
60
60
60
60
60
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15840 46998
80388
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Exhibit C
PROPOSED ANNEXATION MAP 2 OF 2
Owner(s): Multiple Owners Case: ANX2015-02005
Site:
South of Union Street, east of Douglas Avenue,
north of Sunset Point Road (SR 576) and west of
Kings Highway
Property
Size(Acres):
ROW (Acres):
0.887
N/A
Land Use Zoning
PIN: Parcels – See Exhibit A
From : RU R-4
Atlas Page: 251B To: RU LMDR
60
60
60
60
6060
60
60
80
60
80
38
60
60 60
40
60
60
60
45
45
60
2809828674
83
9
7
0
87912
O
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C
2
3
4
5
6
1
1
1
2
3
4
5
6
7
8
9
1
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1
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1
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14
15
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21 24 25 26 27 28 29 30 31 32
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Rev. 02/11/15
Ordinance No. 8700-15
ORDINANCE NO. 8700-15
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 PROPERTIES LOCATED
SOUTH OF UNION STREET, EAST OF DOUGLAS AVENUE,
NORTH OF SUNSET POINT ROAD (SR 576) AND WEST OF
KINGS HIGHWAY WHOSE POST OFFICE ADDRESSES ARE
1226 ALOHA LANE, 2063 NORTH BETTY LANE, 1233 PALM
STREET, 1271 PALM STREET, 1268 SEDEEVA CIRCLE
NORTH AND 1276 SEDEEVA CIRCLE NORTH, UPON
ANNEXATION INTO THE CITY OF CLEARWATER, AS
RESIDENTIAL URBAN (RU); 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
properties, upon annexation into the City of Clearwater, as follows:
Property Land Use Category
See attached Exhibit A for legal descriptions Residential Urban
(RU)
(ANX2015-02005)
The maps attached as Exhibits B and C are 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. 8699-15.
Ordinance No. 8700-15
PASSED ON FIRST READING
PASSED ON SECOND AND FINAL
READING AND ADOPTED
George N. Cretekos
Mayor
Approved as to form:
Camilo A. Soto
Assistant City Attorney
Attest:
Rosemarie Call
City Clerk
Exhibit A
LEGAL DESCRIPTIONS
ANX2015‐02005
=========================================================================================
No. Parcel ID Legal Description Address
1. 03-29-15-28098-000-0070 Lot 7 1268 Sedeeva Circle North
2. 03-29-15-28098-000-0030 West 10 feet of Lot 2 and all of Lot 3, LESS 1276 Sedeeva Circle North
that portion of Lot 3, as follows: Begin at the
Southwest corner of Lot 3 for Point of Beginning,
run East on the South line of Lot 3, 10 feet, thence
North 46 feet, thence Northwesterly 45 feet to a
point 58 feet East and 44 feet South of the Northwest
corner of Lot 4, thence North 44 feet to a point on the
North line of Lot 3, that is 8 feet East of the Northwest
corner of Lot 3, thence West on the North line of Lot 3,
8 feet, thence South 135 feet to the Point of Beginning.
The above in FLORADEL subdivision, as recorded in PLAT BOOK 15, PAGE 7, of the Public Records of Pinellas
County, Florida.
=========================================================================================
No. Parcel ID Legal Description Address
3. 03-29-15-87912-003-0070 Lot 7, Block 3 1226 Aloha Lane
The above in SUNSET KNOLL subdivision, as recorded in PLAT BOOK 24, PAGE 26, of the Public Records of Pinellas
County, Florida.
=========================================================================================
No. Parcel ID Legal Description Address
4. 03-29-15-12060-006-0050 South 40 feet of Lot 5 and North 10 feet of 2063 North Betty Lane
Lot 6, Block F
The above in BROOKLAWN subdivision, as recorded in PLAT BOOK 13, PAGE 59, of the Public Records of Pinellas
County, Florida.
=========================================================================================
No. Parcel ID Legal Description Address
5. 03-29-15-15840-002-0140 Lot 14 and the East 15 feet of Lot 13, Block B 1233 Palm Street
The above in CLEARDUN subdivision, as recorded in PLAT BOOK 13, PAGE 47, of the Public Records of Pinellas
County, Florida.
=========================================================================================
No. Parcel ID Legal Description Address
6. 03-29-15-46998-000-0140 Lot 14 1271 Palm Street
The above in KNIGHT’S ACRES subdivision, as recorded in PLAT BOOK 11, PAGE 67, of the Public Records of
Pinellas County, Florida.
Exhibit B
FUTURE LAND USE MAP 1 OF 2
Owner(s): Multiple Owners Case: ANX2015-02005
Site:
South of Union Street, east of Douglas Avenue,
north of Sunset Point Road (SR 576) and west of
Kings Highway
Property
Size(Acres):
ROW (Acres):
0.887
N/A
Land Use Zoning
PIN: Parcels – See Exhibit A
From : RU R-4
Atlas Page: 251B To: RU LMDR
60 60
60
60
60
60
60
60
60
60
15840 46998
80388
A
F
K
A
B
C
A
B E
1
2
3
4
7
8
9
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10 11 12 13 14 15 16 17 18 19 20 21 22
23242526272829303132333435
10 11 12 13 14 15 16 17 18 19 20 21 22
23242526272829303132333435
6 7 8 9 10 11 12 13 141516 17
1 2 3 4
5
6
7
8
9101112
13 14 15 16
17
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21222324
25 26 27 28
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4 5 6 7 8 9 10 11 12
13
14 15 16 17 18 19 20 21 22
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1
15161718192023
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26 1
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9
10
1
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60
63
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36
E
J
14
15
1617181920
5 6 7 8 9 10
11
1
2 141516171920212218
1
2 3 4 5
6
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10103104105
106 107108 11
1RU
RU
RU
RU
RURU
RU RURU
RU
RU
RURU RU
UNION ST
PALM ST
IDLEWILD DR
BETTY LN
BERMUDA ST
PO
INSETTA AVE
13
0
1
12
7
3
12
6
7
12
6
3
13
1
1
2081
2021
12
6
3
2070
2072
13
1
0
13
0
0
2028
12
9
1
2022
12
6
5
12
6
1
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3
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0
12
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4
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0
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2
12
6
6
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2
6
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0
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2
5
12
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2
12
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2060
2080A
2031
12
4
4
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2
7
12
3
5
12
4
5
12
5
3
12
7
1
12
7
5
2020
2010
2048
2044
2026
12
6
5
12
5
5
12
5
9
2073
2071
2079
2083
20222020
2 0 1 7
2027
2020
0 2 4
12
7
4
12
7
8
2087
2067
2050
2058
20252021
2040
12
5
9
12
7
1
2
13
0
9
2063
2065
2069
2026
2024
2028
2030
12
5
7
12
4
5
12
3
5
12
2
3
2021
12
9
2
12
6
0
12
5
4
12
5
0
12
4
6
12
4
2
12
2
2
12
3
1
2044
12
9
3
12
7
9
12
7
7
12
7
1
12
6
7
12
6
5
12
5
9
12
5
5
12
5
1
12
4
7
12
4
5
12
3
9
12
3
5
12
2
1
12
1
7
12
7
6
12
6
8
12
6
4
12
6
2
12
5
6
12
5
0
12
4
2
12
3
4
12
3
2
12
2
8
12
2
0
12
1
6
2060
2064
2066
12
8
3
12
7
9
12
7
5
12
6
7
12
5
5
12
5
7
12
5
1
12
3
9
12
3
5
12
3
3
12
3
1
12
2
1
12
1
5
12
7
0
12
6
6
12
6
2
12
6
0
12
5
6
12
5
0
12
4
6
12
3
8
12
3
4
12
3
0
12
2
4
12
2
2
12
2
0
12
4
7
12
4
5
12
4
1
12
3
7
12
2
3
12
1
9
12
1
5
2068A
2080B
2068B
-N
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Rev. 02/11/15
Exhibit C
FUTURE LAND USE MAP 2 OF 2
Owner(s): Multiple Owners Case: ANX2015-02005
Site:
South of Union Street, east of Douglas Avenue,
north of Sunset Point Road (SR 576) and west of
Kings Highway
Property
Size(Acres):
ROW (Acres):
0.887
N/A
Land Use Zoning
PIN: Parcels – See Exhibit A
From : RU R-4
Atlas Page: 251B To: RU LMDR
60
60
60
60
6060
60
60
80
60
80
38
60
60 60
40
60
60
60
45
45
60
2809828674
83
9
7
0
87912
O
F
G
G
C
2
3
4
5
6
1
1
1
2
3
4
5
6
7
8
9
1
1
1
1
14
1
1
12345678910111213
14
15
16
17
18
19
20
21 24 25 26 27 28 29 30 31 32
33
34
35
36
37
38394041424344
45 46 47 48 49 50 51
2 3 4 5 6 7 8 9
11 12 13 14 15 16 17 18
2 3 4 5 6 7 8 9 10 11 12
13
14
15
16
17
18
192021222324 252627
12
10
11
12
13
14
1322
1
2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22
23
24
6
7 6
7
8
15
1617
1819
2021
2223
2425
2627
2829
3435
3637
3839
4041
4243
4445
4647
50
51
52
53
54
55
56
2 3 4 5 6 7
9 10 11 12 13 14
2 3 4 5 6 7 8
4
5
6
7
8
22
1
1
1
1
1
1
RU
RU
RURU
RU
RU
RU
R/OS
RURU
RU
RU RU
RU
RURURURU
BE
T
T
Y
L
N
SEDEEVA CIR N
WO ODL AWN TER
STATE ST
CHENANGO AVE
ALOHA LN
SEDEEVA CIR S BERTLAND WAY
COLES RD
12
8
7
191 8
1943
1963
1913
1999
1264
1273
1288
1958
1960
1925
1927
1925
1915
191 7
1216
1218
1215
1216
1211
1213
1919
1287
1222
1
2
3
7
1207
1225
1969
1290
1950
1952
1290
1286
1274
1942
1224
1971
1923
1918
1924
1926
1932
1938
1936
1940
1947
1949
1943
1946
1952
1954
1964
1284
1280
1276
1274
1279
1275
1255
1251
1239
1278
1274
1272
1270
1266
1260
1258
1256
1244
1240
1236
1234
1230
1222
1295
1287
1283
1277
1273
1271
1267
1265
1261
1253
1249
1245
1241
1235
1231
1225
1213
1296
1212
1232
1226
1212
1206
1221
1229
1233
1237
1920
3
1937
1941
1987
1271
1969
1936
1929
1928
7935 1910
1231
1203
1933
1931 1928
1927
1921
1918
1940
1219
1283
1920
1926
1961 1974
1978
1995
1212
1234
1223
1205
1233
1230
1932
1294
1282
12781273
1938
1936
1930
1327
1295
1244
1295
1300
1979
1927
1935
19371940
1944
1921
1923
1289
1285
1281
1277
193 3
1962
1267
1245
1249
1251
1257
1261
1276
1268
1212
1206
1291
1209
2022
1286
126
1262
1260
1256
1252
1246
123
1997
1981
1996
1224
1206
1204
1214
1226
1220
1212
1204
1204
1209
1215
1217
1202
1244
-N
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Rev. 02/11/15
Ordinance No. 8701-15
ORDINANCE NO. 8701-15
AN ORDINANCE OF THE CITY OF CLEARWATER,
FLORIDA, AMENDING THE ZONING ATLAS OF THE CITY
BY ZONING CERTAIN REAL PROPERTIES LOCATED
SOUTH OF UNION STREET, EAST OF DOUGLAS
AVENUE, NORTH OF SUNSET POINT ROAD (SR 576)
AND WEST OF KINGS HIGHWAY, WHOSE POST OFFICE
ADDRESSES ARE 1226 ALOHA LANE, 2063 NORTH
BETTY LANE, 1233 PALM STREET, 1271 PALM STREET,
1268 SEDEEVA CIRCLE NORTH AND 1276 SEDEEVA
CIRCLE NORTH, 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 properties located in Pinellas County, Florida,
are hereby zoned as indicated upon annexation into the City of Clearwater, and the
zoning atlas of the City is amended, as follows:
The maps attached as Exhibits B and C are 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. 8699-15.
Property Zoning District
See attached Exhibit A for legal descriptions Low Medium Density Residential
(LMDR)
(ANX2015-02005)
Ordinance No. 8701-15
PASSED ON FIRST READING
PASSED ON SECOND AND FINAL
READING AND ADOPTED
George N. Cretekos
Mayor
Approved as to form:
Camilo A. Soto
Assistant City Attorney
Attest:
Rosemarie Call
City Clerk
Exhibit A
LEGAL DESCRIPTIONS
ANX2015‐02005
=========================================================================================
No. Parcel ID Legal Description Address
1. 03-29-15-28098-000-0070 Lot 7 1268 Sedeeva Circle North
2. 03-29-15-28098-000-0030 West 10 feet of Lot 2 and all of Lot 3, LESS 1276 Sedeeva Circle North
that portion of Lot 3, as follows: Begin at the
Southwest corner of Lot 3 for Point of Beginning,
run East on the South line of Lot 3, 10 feet, thence
North 46 feet, thence Northwesterly 45 feet to a
point 58 feet East and 44 feet South of the Northwest
corner of Lot 4, thence North 44 feet to a point on the
North line of Lot 3, that is 8 feet East of the Northwest
corner of Lot 3, thence West on the North line of Lot 3,
8 feet, thence South 135 feet to the Point of Beginning.
The above in FLORADEL subdivision, as recorded in PLAT BOOK 15, PAGE 7, of the Public Records of Pinellas
County, Florida.
=========================================================================================
No. Parcel ID Legal Description Address
3. 03-29-15-87912-003-0070 Lot 7, Block 3 1226 Aloha Lane
The above in SUNSET KNOLL subdivision, as recorded in PLAT BOOK 24, PAGE 26, of the Public Records of Pinellas
County, Florida.
=========================================================================================
No. Parcel ID Legal Description Address
4. 03-29-15-12060-006-0050 South 40 feet of Lot 5 and North 10 feet of 2063 North Betty Lane
Lot 6, Block F
The above in BROOKLAWN subdivision, as recorded in PLAT BOOK 13, PAGE 59, of the Public Records of Pinellas
County, Florida.
=========================================================================================
No. Parcel ID Legal Description Address
5. 03-29-15-15840-002-0140 Lot 14 and the East 15 feet of Lot 13, Block B 1233 Palm Street
The above in CLEARDUN subdivision, as recorded in PLAT BOOK 13, PAGE 47, of the Public Records of Pinellas
County, Florida.
=========================================================================================
No. Parcel ID Legal Description Address
6. 03-29-15-46998-000-0140 Lot 14 1271 Palm Street
The above in KNIGHT’S ACRES subdivision, as recorded in PLAT BOOK 11, PAGE 67, of the Public Records of
Pinellas County, Florida.
Exhibit B
ZONING MAP 1 OF 2
Owner(s): Multiple Owners Case: ANX2015-02005
Site:
South of Union Street, east of Douglas Avenue,
north of Sunset Point Road (SR 576) and west of
Kings Highway
Property
Size(Acres):
ROW (Acres):
0.887
N/A
Land Use Zoning
PIN: Parcels – See Exhibit A
From : RU R-4
Atlas Page: 251B To: RU LMDR
60 60
60
60
60
60
60
60
60
60
15840 46998
80388
A
F
K
A
B
C
A
B E
1
2
3
4
7
8
9
10
10 11 12 13 14 15 16 17 18 19 20 21 22
23242526272829303132333435
10 11 12 13 14 15 16 17 18 19 20 21 22
23242526272829303132333435
6 7 8 9 10 11 12 13 141516 17
1 2 3 4
5
6
7
8
9101112
13 14 15 16
17
18
19
20
21222324
25 26 27 28
29
30
4 5 6 7 8 9 10 11 12
13
14 15 16 17 18 19 20 21 22
23
24
1
2 3 4 5 6 7 8
9
10
11
12
1
15161718192023
24
25
26 1
2
3
4
5
9
10
11
12
1 2 3 4
5
6
78
9
10
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
18
60
63
30
36
E
J
14
15
1617181920
5 6 7 8 9 10
11
1
2 141516171920212218
1
2 3 4 5
6
7 8 9 1011
10103104105
106 107108 11
1
LMDR
UNION ST
PALM ST
IDLEWILD DR
BETTY LN
BERMUDA ST
PO
I
N
S
E
T
T
A
A
V
E
13
0
1
12
7
3
12
6
7
12
6
3
13
1
1
2081
2021
2087
12
6
3
2070
2072
13
0
9
13
1
0
13
0
0
2026
2028
12
9
1
2022
12
6
5
12
6
1
12
5
7
12
4
5
12
4
3
12
9
0
12
8
4
12
8
0
12
7
2
12
6
6
12
2
6
12
2
2
12
2
0
12
8
2
12
8
3
2060
2080A
2031
12
4
4
12
2
7
12
3
5
12
4
5
12
5
3
12
7
1
12
7
5
2020
2010
2048
2044
2026
12
6
5
12
5
5
12
5
9
2073
2071
2079
2083
20222020
2 0 1 7
2027
2020
0 2 4
12
7
4
12
7
8
2067
2050
2058
20252021
2040
12
5
9
12
7
1
2
2063
2065
2069
2024
2028
2030
12
3
5
12
2
3
2021
12
9
2
12
6
0
12
5
4
12
5
0
12
4
6
12
4
2
12
3
1
2044
12
9
3
12
7
9
12
7
7
12
7
1
12
6
7
12
6
5
12
5
9
12
5
5
12
5
1
12
4
7
12
4
5
12
3
9
12
3
5
12
2
5
12
2
1
12
1
7
12
7
6
12
6
8
12
6
4
12
6
2
12
5
6
12
5
0
12
4
2
12
3
4
12
3
2
12
2
8
12
2
0
12
1
6
2060
2064
2066
12
8
3
12
7
9
12
7
5
12
6
7
12
5
5
12
5
7
12
5
1
12
3
9
12
3
5
12
3
3
12
3
1
12
2
1
12
1
5
12
7
0
12
6
6
12
6
2
12
6
0
12
5
6
12
5
0
12
4
6
12
3
8
12
3
4
12
3
0
12
2
4
12
2
2
12
2
0
12
4
7
12
4
5
12
4
1
12
3
7
12
2
3
12
1
9
12
1
5
2068A
2080B
2068B
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Rev. 02/11/15
Exhibit C
ZONING MAP 2 OF 2
Owner(s): Multiple Owners Case: ANX2015-02005
Site:
South of Union Street, east of Douglas Avenue,
north of Sunset Point Road (SR 576) and west of
Kings Highway
Property
Size(Acres):
ROW (Acres):
0.887
N/A
Land Use Zoning
PIN: Parcels – See Exhibit A
From : RU R-4
Atlas Page: 251B To: RU LMDR
60
60
60
60
6060
60
60
80
60
80
38
60
60 60
40
60
60
60
45
45
60
2809828674
83
9
7
0
87912
O
F
G
G
C
2
3
4
5
6
1
1
1
2
3
4
5
6
7
8
9
1
1
1
1
14
1
1
12345678910111213
14
15
16
17
18
19
20
21 24 25 26 27 28 29 30 31 32
33
34
35
36
37
38394041424344
45 46 47 48 49 50 51
2 3 4 5 6 7 8 9
11 12 13 14 15 16 17 18
2 3 4 5 6 7 8 9 10 11 12
13
14
15
16
17
18
192021222324 252627
12
10
11
12
13
14
1322
1
2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22
23
24
6
7 6
7
8
15
1617
1819
2021
2223
2425
2627
2829
3435
3637
3839
4041
4243
4445
4647
50
51
52
53
54
55
56
2 3 4 5 6 7
9 10 11 12 13 14
2 3 4 5 6 7 8
4
5
6
7
8
22
1
1
1
1
1
1
LMDR
LMDR OS/R
BE
T
T
Y
L
N
SEDEEVA CIR N
WO ODL AWN TER
STATE ST
CHENANGO AVE
ALOHA LN
SEDEEVA CIR S
SHERIDAN RD COLES RD
MAC
OMBE
R AVE
12
8
7
191 8
1943
1963
1913
1999
1264
1273
1271
1969
1288
1958
1960
1925
1927
1925
1915
191 7
1216
1218
1215
1216
1211
1213
1203
1919
1287
1222
1
2
3
7
1223
1207
1225
1969
1290
1950
1952
1290
1286
1282
1278
1274
1942
1224
1300
1971
1927
1923
1918
1924
1926
1932
1938
1936
1940
1947
1949
1943
1946
1952
1954
1964
1284
1280
1276
1274
1279
1275
1267
1255
1251
1239
1278
1274
1272
1270
1266
1260
1258
1256
1244
1240
1236
1234
1230
1222
1212
1206
1295
1287
1283
1277
1273
1271
1267
1265
1261
1253
1249
1245
1241
1235
1231
1225
1213
1296
1252
1246
1212
1232
1226
1212
1206
1209
1215
1221
1229
1233
1237
1920
3
1937
1941
1987
1936
1929
1928
7935 1910
1231
1933
1931 1928
1927
1921
1918
1940
1219
1283
1920
1926
1961 1974
1978
1995
1212
1234
1205
1233
1230
1932
12941273
1938
1936
1930
1327
1295
1244
1295
1979
1935
19371940
1944
1921
1923
1289
1285
1281
1277
193 3
1962
1245
1249
1251
1257
1261
1276
1268
1291
1209
2022
1286
126
1262
1260
1256
123
1997
1981
1996
1224
1206
1204
1214
1226
1220
1212
1204
1204
1217
1202
1244
-N
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Rev. 02/11/15
LOCATION MAP
Owner(s): Multiple Owners Case: ANX2015-02005
Site:
South of Union Street, east of Douglas Avenue,
north of Sunset Point Road (SR 576) and west of
Kings Highway
Property
Size(Acres):
ROW (Acres):
0.887
N/A
Land Use Zoning
PIN: Parcels – See Exhibit A
From : RU R-4
Atlas Page: 251B To: RU LMDR
^
^^
^^^
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y
-
Rev. 02/11/15
AERIAL PHOTOGRAPH 1 OF 2
Owner(s): Multiple Owners Case: ANX2015-02005
Site:
South of Union Street, east of Douglas Avenue,
north of Sunset Point Road (SR 576) and west of
Kings Highway
Property
Size(Acres):
ROW (Acres):
0.887
N/A
Land Use Zoning
PIN: Parcels – See Exhibit A
From : RU R-4
Atlas Page: 251B To: RU LMDR
UNION ST UNION ST
PALM ST PALM ST
IDLEWILD DR IDLEWILD DR
BETTY LN
BETTY LN
BERMUDA ST BERMUDA ST
PO
I
N
S
E
T
T
A
A
V
E
PO
I
N
S
E
T
T
A
A
V
E
-N
o
t
t
o
S
c
a
l
e
-
-N
o
t
a
S
u
r
v
e
y
-
Rev. 02/11/15
AERIAL PHOTOGRAPH 2 OF 2
Owner(s): Multiple Owners Case: ANX2015-02005
Site:
South of Union Street, east of Douglas Avenue,
north of Sunset Point Road (SR 576) and west of
Kings Highway
Property
Size(Acres):
ROW (Acres):
0.887
N/A
Land Use Zoning
PIN: Parcels – See Exhibit A
From : RU R-4
Atlas Page: 251B To: RU LMDR
BE
T
T
Y
L
N
BE
T
T
Y
L
N
SEDEEVA CIR NSEDEEVA CIR N
WOO D L AWN TER WO ODL AWN TER
STATE ST STATE ST
CHENANGO AVE
CHENANGO AVE
ALOHA LN ALOHA LN
SEDEEVA CIR SSEDEEVA CIR S
SHERIDAN RD SHERIDAN RD
BERTLAND WAY BERTL AND WAY
COLES RD
COLES RD
MACOMBER AVE
MAC
OMBER AVE
-N
o
t
t
o
S
c
a
l
e
-
-N
o
t
a
S
u
r
v
e
y
-
Rev. 02/11/15
PROPOSED ANNEXATION MAP 1 OF 2
Owner(s): Multiple Owners Case: ANX2015-02005
Site:
South of Union Street, east of Douglas Avenue,
north of Sunset Point Road (SR 576) and west of
Kings Highway
Property
Size(Acres):
ROW (Acres):
0.887
N/A
Land Use Zoning
PIN: Parcels – See Exhibit A
From : RU R-4
Atlas Page: 251B To: RU LMDR
60 60
60
60
60
60
60
60
60
60
15840 46998
80388
A
F
K
A
B
C
A
B E
1
2
3
4
7
8
9
10
10 11 12 13 14 15 16 17 18 19 20 21 22
23242526272829303132333435
10 11 12 13 14 15 16 17 18 19 20 21 22
23242526272829303132333435
6 7 8 9 10 11 12 13 141516 17
1 2 3 4
5
6
7
8
9101112
13 14 15 16
17
18
19
20
21222324
25 26 27 28
29
30
4 5 6 7 8 9 10 11 12
13
14 15 16 17 18 19 20 21 22
23
24
1
2 3 4 5 6 7 8
9
10
11
12
1
15161718192023
24
25
26 1
2
3
4
5
9
10
11
12
1 2 3 4
5
6
78
9
10
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
18
60
63
30
36
E
J
14
15
1617181920
5 6 7 8 9 10
11
1
2 141516171920212218
1
2 3 4 5
6
7 8 9 1011
10103104105
106 107108 11
1
UNION ST
PALM ST
IDLEWILD DR
BETTY LN
BERMUDA ST
PO
I
N
S
E
T
T
A
A
V
E
13
0
1
12
7
3
12
6
7
12
6
3
13
1
1
2081
2021
2087
12
6
3
2070
2072
13
0
9
13
1
0
13
0
0
2026
2028
12
9
1
2022
12
6
5
12
6
1
12
5
7
12
4
5
12
4
3
12
9
0
12
8
4
12
8
0
12
7
2
12
6
6
12
2
6
12
2
2
12
2
0
12
2
5
12
8
2
12
8
3
2060
2080A
2031
12
4
4
12
2
7
12
3
5
12
4
5
12
5
3
12
7
1
12
7
5
2020
2010
2048
2044
2026
12
6
5
12
5
5
12
5
9
2073
2071
2079
2083
20222020
2 0 1 7
2027
2020
0 2 4
12
7
4
12
7
8
2067
2050
2058
20252021
2040
12
5
9
12
7
1
2
2063
2065
2069
2024
2028
2030
12
3
5
12
2
3
2021
12
9
2
12
6
0
12
5
4
12
5
0
12
4
6
12
4
2
12
3
1
2044
12
9
3
12
7
9
12
7
7
12
7
1
12
6
7
12
6
5
12
5
9
12
5
5
12
5
1
12
4
7
12
4
5
12
3
9
12
3
5
12
2
1
12
1
7
12
7
6
12
6
8
12
6
4
12
6
2
12
5
6
12
5
0
12
4
2
12
3
4
12
3
2
12
2
8
12
2
0
12
1
6
2060
2064
2066
12
8
3
12
7
9
12
7
5
12
6
7
12
5
5
12
5
7
12
5
1
12
3
9
12
3
5
12
3
3
12
3
1
12
2
1
12
1
5
12
7
0
12
6
6
12
6
2
12
6
0
12
5
6
12
5
0
12
4
6
12
3
8
12
3
4
12
3
0
12
2
4
12
2
2
12
2
0
12
4
7
12
4
5
12
4
1
12
3
7
12
2
3
12
1
9
12
1
5
2068A
2080B
2068B
-N
o
t
t
o
S
c
a
l
e
-
-N
o
t
a
S
u
r
v
e
y
-
Rev. 02/11/15
Exhibit B
PROPOSED ANNEXATION MAP 2 OF 2
Owner(s): Multiple Owners Case: ANX2015-02005
Site:
South of Union Street, east of Douglas Avenue,
north of Sunset Point Road (SR 576) and west of
Kings Highway
Property
Size(Acres):
ROW (Acres):
0.887
N/A
Land Use Zoning
PIN: Parcels – See Exhibit A
From : RU R-4
Atlas Page: 251B To: RU LMDR
60
60
60
60
6060
60
60
80
60
80
38
60
60 60
40
60
60
60
45
45
60
2809828674
83
9
7
0
87912
O
F
G
G
C
2
3
4
5
6
1
1
1
2
3
4
5
6
7
8
9
1
1
1
1
14
1
1
12345678910111213
14
15
16
17
18
19
20
21 24 25 26 27 28 29 30 31 32
33
34
35
36
37
38394041424344
45 46 47 48 49 50 51
2 3 4 5 6 7 8 9
11 12 13 14 15 16 17 18
2 3 4 5 6 7 8 9 10 11 12
13
14
15
16
17
18
192021222324 252627
12
10
11
12
13
14
1322
1
2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22
23
24
6
7 6
7
8
15
1617
1819
2021
2223
2425
2627
2829
3435
3637
3839
4041
4243
4445
4647
50
51
52
53
54
55
56
2 3 4 5 6 7
9 10 11 12 13 14
2 3 4 5 6 7 8
4
5
6
7
8
22
1
1
1
1
1
1
BE
T
T
Y
L
N
SEDEEVA CIR N
WO ODL AWN TER
STATE ST
CHENANGO AVE
ALOHA LN
SEDEEVA CIR S
SHERIDAN RD
BERTLAND WAY
COLES RD
MAC
OMBE
R AVE
12
8
7
191 8
1943
1963
1913
1999
1264
1273
1271
1969
1288
1958
1960
1925
1927
1925
1915
191 7
1216
1218
1215
1216
1211
1213
1203
1919
1287
1222
1
2
3
7
1223
1207
1225
1969
1290
1950
1952
1290
1286
1282
1278
1274
1942
1224
1300
1971
1927
1923
1918
1924
1926
1932
1938
1936
1940
1947
1949
1943
1946
1952
1954
1964
1284
1280
1276
1274
1279
1275
1267
1255
1251
1239
1278
1274
1272
1270
1266
1260
1258
1256
1244
1240
1236
1234
1230
1222
1212
1206
1295
1287
1283
1277
1273
1271
1267
1265
1261
1253
1249
1245
1241
1235
1231
1225
1213
1296
1252
1246
1212
1232
1226
1212
1206
1209
1215
1221
1229
1233
1237
1920
3
1937
1941
1987
1936
1929
1928
7935 1910
1231
1933
1931 1928
1927
1921
1918
1940
1219
1283
1920
1926
1961 1974
1978
1995
1212
1234
1205
1233
1230
1932
12941273
1938
1936
1930
1327
1295
1244
1295
1979
1935
19371940
1944
1921
1923
1289
1285
1281
1277
193 3
1962
1245
1249
1251
1257
1261
1276
1268
1291
1209
2022
1286
126
1262
1260
1256
123
1997
1981
1996
1224
1206
1204
1214
1226
1220
1212
1204
1204
1217
1202
1244
-N
o
t
t
o
S
c
a
l
e
-
-N
o
t
a
S
u
r
v
e
y
-
Rev. 02/11/15
Exhibit B
FUTURE LAND USE MAP 1 OF 2
Owner(s): Multiple Owners Case: ANX2015-02005
Site:
South of Union Street, east of Douglas Avenue,
north of Sunset Point Road (SR 576) and west of
Kings Highway
Property
Size(Acres):
ROW (Acres):
0.887
N/A
Land Use Zoning
PIN: Parcels – See Exhibit A
From : RU R-4
Atlas Page: 251B To: RU LMDR
60 60
60
60
60
60
60
60
60
60
15840 46998
80388
A
F
K
A
B
C
A
B E
1
2
3
4
7
8
9
10
10 11 12 13 14 15 16 17 18 19 20 21 22
23242526272829303132333435
10 11 12 13 14 15 16 17 18 19 20 21 22
23242526272829303132333435
6 7 8 9 10 11 12 13 141516 17
1 2 3 4
5
6
7
8
9101112
13 14 15 16
17
18
19
20
21222324
25 26 27 28
29
30
4 5 6 7 8 9 10 11 12
13
14 15 16 17 18 19 20 21 22
23
24
1
2 3 4 5 6 7 8
9
10
11
12
1
15161718192023
24
25
26 1
2
3
4
5
9
10
11
12
1 2 3 4
5
6
78
9
10
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
18
60
63
30
36
E
J
14
15
1617181920
5 6 7 8 9 10
11
1
2 141516171920212218
1
2 3 4 5
6
7 8 9 1011
10103104105
106 107108 11
1RU
RU
RU
RU
RURU
RU RURU
RU
RU
RURU RU
UNION ST
PALM ST
IDLEWILD DR
BETTY LN
BERMUDA ST
PO
INSETTA AVE
13
0
1
12
7
3
12
6
7
12
6
3
13
1
1
2081
2021
12
6
3
2070
2072
13
1
0
13
0
0
2028
12
9
1
2022
12
6
5
12
6
1
12
4
3
12
9
0
12
8
4
12
8
0
12
7
2
12
6
6
12
2
6
12
2
0
12
2
5
12
8
2
12
8
3
2060
2080A
2031
12
4
4
12
2
7
12
3
5
12
4
5
12
5
3
12
7
1
12
7
5
2020
2010
2048
2044
2026
12
6
5
12
5
5
12
5
9
2073
2071
2079
2083
20222020
2 0 1 7
2027
2020
0 2 4
12
7
4
12
7
8
2087
2067
2050
2058
20252021
2040
12
5
9
12
7
1
2
13
0
9
2063
2065
2069
2026
2024
2028
2030
12
5
7
12
4
5
12
3
5
12
2
3
2021
12
9
2
12
6
0
12
5
4
12
5
0
12
4
6
12
4
2
12
2
2
12
3
1
2044
12
9
3
12
7
9
12
7
7
12
7
1
12
6
7
12
6
5
12
5
9
12
5
5
12
5
1
12
4
7
12
4
5
12
3
9
12
3
5
12
2
1
12
1
7
12
7
6
12
6
8
12
6
4
12
6
2
12
5
6
12
5
0
12
4
2
12
3
4
12
3
2
12
2
8
12
2
0
12
1
6
2060
2064
2066
12
8
3
12
7
9
12
7
5
12
6
7
12
5
5
12
5
7
12
5
1
12
3
9
12
3
5
12
3
3
12
3
1
12
2
1
12
1
5
12
7
0
12
6
6
12
6
2
12
6
0
12
5
6
12
5
0
12
4
6
12
3
8
12
3
4
12
3
0
12
2
4
12
2
2
12
2
0
12
4
7
12
4
5
12
4
1
12
3
7
12
2
3
12
1
9
12
1
5
2068A
2080B
2068B
-N
o
t
t
o
S
c
a
l
e
-
-N
o
t
a
S
u
r
v
e
y
-
Rev. 02/11/15
FUTURE LAND USE MAP 2 OF 2
Owner(s): Multiple Owners Case: ANX2015-02005
Site:
South of Union Street, east of Douglas Avenue,
north of Sunset Point Road (SR 576) and west of
Kings Highway
Property
Size(Acres):
ROW (Acres):
0.887
N/A
Land Use Zoning
PIN: Parcels – See Exhibit A
From : RU R-4
Atlas Page: 251B To: RU LMDR
60
60
60
60
6060
60
60
80
60
80
38
60
60 60
40
60
60
60
45
45
60
2809828674
83
9
7
0
87912
O
F
G
G
C
2
3
4
5
6
1
1
1
2
3
4
5
6
7
8
9
1
1
1
1
14
1
1
12345678910111213
14
15
16
17
18
19
20
21 24 25 26 27 28 29 30 31 32
33
34
35
36
37
38394041424344
45 46 47 48 49 50 51
2 3 4 5 6 7 8 9
11 12 13 14 15 16 17 18
2 3 4 5 6 7 8 9 10 11 12
13
14
15
16
17
18
192021222324 252627
12
10
11
12
13
14
1322
1
2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22
23
24
6
7 6
7
8
15
1617
1819
2021
2223
2425
2627
2829
3435
3637
3839
4041
4243
4445
4647
50
51
52
53
54
55
56
2 3 4 5 6 7
9 10 11 12 13 14
2 3 4 5 6 7 8
4
5
6
7
8
22
1
1
1
1
1
1
RU
RU
RURU
RU
RU
RU
R/OS
RURU
RU
RU RU
RU
RURURURU
BE
T
T
Y
L
N
SEDEEVA CIR N
WO ODL AWN TER
STATE ST
CHENANGO AVE
ALOHA LN
SEDEEVA CIR S BERTLAND WAY
COLES RD
12
8
7
191 8
1943
1963
1913
1999
1264
1273
1288
1958
1960
1925
1927
1925
1915
191 7
1216
1218
1215
1216
1211
1213
1919
1287
1222
1
2
3
7
1207
1225
1969
1290
1950
1952
1290
1286
1274
1942
1224
1971
1923
1918
1924
1926
1932
1938
1936
1940
1947
1949
1943
1946
1952
1954
1964
1284
1280
1276
1274
1279
1275
1255
1251
1239
1278
1274
1272
1270
1266
1260
1258
1256
1244
1240
1236
1234
1230
1222
1295
1287
1283
1277
1273
1271
1267
1265
1261
1253
1249
1245
1241
1235
1231
1225
1213
1296
1212
1232
1226
1212
1206
1221
1229
1233
1237
1920
3
1937
1941
1987
1271
1969
1936
1929
1928
7935 1910
1231
1203
1933
1931 1928
1927
1921
1918
1940
1219
1283
1920
1926
1961 1974
1978
1995
1212
1234
1223
1205
1233
1230
1932
1294
1282
12781273
1938
1936
1930
1327
1295
1244
1295
1300
1979
1927
1935
19371940
1944
1921
1923
1289
1285
1281
1277
193 3
1962
1267
1245
1249
1251
1257
1261
1276
1268
1212
1206
1291
1209
2022
1286
126
1262
1260
1256
1252
1246
123
1997
1981
1996
1224
1206
1204
1214
1226
1220
1212
1204
1204
1209
1215
1217
1202
1244
-N
o
t
t
o
S
c
a
l
e
-
-N
o
t
a
S
u
r
v
e
y
-
Rev. 02/11/15
ZONING MAP 1 OF 2
Owner(s): Multiple Owners Case: ANX2015-02005
Site:
South of Union Street, east of Douglas Avenue,
north of Sunset Point Road (SR 576) and west of
Kings Highway
Property
Size(Acres):
ROW (Acres):
0.887
N/A
Land Use Zoning
PIN: Parcels – See Exhibit A
From : RU R-4
Atlas Page: 251B To: RU LMDR
60 60
60
60
60
60
60
60
60
60
15840 46998
80388
A
F
K
A
B
C
A
B E
1
2
3
4
7
8
9
10
10 11 12 13 14 15 16 17 18 19 20 21 22
23242526272829303132333435
10 11 12 13 14 15 16 17 18 19 20 21 22
23242526272829303132333435
6 7 8 9 10 11 12 13 141516 17
1 2 3 4
5
6
7
8
9101112
13 14 15 16
17
18
19
20
21222324
25 26 27 28
29
30
4 5 6 7 8 9 10 11 12
13
14 15 16 17 18 19 20 21 22
23
24
1
2 3 4 5 6 7 8
9
10
11
12
1
15161718192023
24
25
26 1
2
3
4
5
9
10
11
12
1 2 3 4
5
6
78
9
10
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
18
60
63
30
36
E
J
14
15
1617181920
5 6 7 8 9 10
11
1
2 141516171920212218
1
2 3 4 5
6
7 8 9 1011
10103104105
106 107108 11
1
LMDR
UNION ST
PALM ST
IDLEWILD DR
BETTY LN
BERMUDA ST
PO
I
N
S
E
T
T
A
A
V
E
13
0
1
12
7
3
12
6
7
12
6
3
13
1
1
2081
2021
2087
12
6
3
2070
2072
13
0
9
13
1
0
13
0
0
2026
2028
12
9
1
2022
12
6
5
12
6
1
12
5
7
12
4
5
12
4
3
12
9
0
12
8
4
12
8
0
12
7
2
12
6
6
12
2
6
12
2
2
12
2
0
12
8
2
12
8
3
2060
2080A
2031
12
4
4
12
2
7
12
3
5
12
4
5
12
5
3
12
7
1
12
7
5
2020
2010
2048
2044
2026
12
6
5
12
5
5
12
5
9
2073
2071
2079
2083
20222020
2 0 1 7
2027
2020
0 2 4
12
7
4
12
7
8
2067
2050
2058
20252021
2040
12
5
9
12
7
1
2
2063
2065
2069
2024
2028
2030
12
3
5
12
2
3
2021
12
9
2
12
6
0
12
5
4
12
5
0
12
4
6
12
4
2
12
3
1
2044
12
9
3
12
7
9
12
7
7
12
7
1
12
6
7
12
6
5
12
5
9
12
5
5
12
5
1
12
4
7
12
4
5
12
3
9
12
3
5
12
2
5
12
2
1
12
1
7
12
7
6
12
6
8
12
6
4
12
6
2
12
5
6
12
5
0
12
4
2
12
3
4
12
3
2
12
2
8
12
2
0
12
1
6
2060
2064
2066
12
8
3
12
7
9
12
7
5
12
6
7
12
5
5
12
5
7
12
5
1
12
3
9
12
3
5
12
3
3
12
3
1
12
2
1
12
1
5
12
7
0
12
6
6
12
6
2
12
6
0
12
5
6
12
5
0
12
4
6
12
3
8
12
3
4
12
3
0
12
2
4
12
2
2
12
2
0
12
4
7
12
4
5
12
4
1
12
3
7
12
2
3
12
1
9
12
1
5
2068A
2080B
2068B
-N
o
t
t
o
S
c
a
l
e
-
-N
o
t
a
S
u
r
v
e
y
-
Rev. 02/11/15
ZONING MAP 2 OF 2
Owner(s): Multiple Owners Case: ANX2015-02005
Site:
South of Union Street, east of Douglas Avenue,
north of Sunset Point Road (SR 576) and west of
Kings Highway
Property
Size(Acres):
ROW (Acres):
0.887
N/A
Land Use Zoning
PIN: Parcels – See Exhibit A
From : RU R-4
Atlas Page: 251B To: RU LMDR
60
60
60
60
6060
60
60
80
60
80
38
60
60 60
40
60
60
60
45
45
60
2809828674
83
9
7
0
87912
O
F
G
G
C
2
3
4
5
6
1
1
1
2
3
4
5
6
7
8
9
1
1
1
1
14
1
1
12345678910111213
14
15
16
17
18
19
20
21 24 25 26 27 28 29 30 31 32
33
34
35
36
37
38394041424344
45 46 47 48 49 50 51
2 3 4 5 6 7 8 9
11 12 13 14 15 16 17 18
2 3 4 5 6 7 8 9 10 11 12
13
14
15
16
17
18
192021222324 252627
12
10
11
12
13
14
1322
1
2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22
23
24
6
7 6
7
8
15
1617
1819
2021
2223
2425
2627
2829
3435
3637
3839
4041
4243
4445
4647
50
51
52
53
54
55
56
2 3 4 5 6 7
9 10 11 12 13 14
2 3 4 5 6 7 8
4
5
6
7
8
22
1
1
1
1
1
1
LMDR
LMDR OS/R
BE
T
T
Y
L
N
SEDEEVA CIR N
WO ODL AWN TER
STATE ST
CHENANGO AVE
ALOHA LN
SEDEEVA CIR S
SHERIDAN RD COLES RD
MAC
OMBE
R AVE
12
8
7
191 8
1943
1963
1913
1999
1264
1273
1271
1969
1288
1958
1960
1925
1927
1925
1915
191 7
1216
1218
1215
1216
1211
1213
1203
1919
1287
1222
1
2
3
7
1223
1207
1225
1969
1290
1950
1952
1290
1286
1282
1278
1274
1942
1224
1300
1971
1927
1923
1918
1924
1926
1932
1938
1936
1940
1947
1949
1943
1946
1952
1954
1964
1284
1280
1276
1274
1279
1275
1267
1255
1251
1239
1278
1274
1272
1270
1266
1260
1258
1256
1244
1240
1236
1234
1230
1222
1212
1206
1295
1287
1283
1277
1273
1271
1267
1265
1261
1253
1249
1245
1241
1235
1231
1225
1213
1296
1252
1246
1212
1232
1226
1212
1206
1209
1215
1221
1229
1233
1237
1920
3
1937
1941
1987
1936
1929
1928
7935 1910
1231
1933
1931 1928
1927
1921
1918
1940
1219
1283
1920
1926
1961 1974
1978
1995
1212
1234
1205
1233
1230
1932
12941273
1938
1936
1930
1327
1295
1244
1295
1979
1935
19371940
1944
1921
1923
1289
1285
1281
1277
193 3
1962
1245
1249
1251
1257
1261
1276
1268
1291
1209
2022
1286
126
1262
1260
1256
123
1997
1981
1996
1224
1206
1204
1214
1226
1220
1212
1204
1204
1217
1202
1244
-N
o
t
t
o
S
c
a
l
e
-
-N
o
t
a
S
u
r
v
e
y
-
Rev. 02/11/15
EXISTING SURROUNDING USES MAP 1 OF 2
Owner(s): Multiple Owners Case: ANX2015-02005
Site:
South of Union Street, east of Douglas Avenue,
north of Sunset Point Road (SR 576) and west of
Kings Highway
Property
Size(Acres):
ROW (Acres):
0.887
N/A
Land Use Zoning
PIN: Parcels – See Exhibit A
From : RU R-4
Atlas Page: 251B To: RU LMDR
60 60
60
60
60
60
60
60
60
60
15840 46998
80388
A
F
K
A
B
C
A
B E
1
2
3
4
7
8
9
10
10 11 12 13 14 15 16 17 18 19 20 21 22
23242526272829303132333435
10 11 12 13 14 15 16 17 18 19 20 21 22
23242526272829303132333435
6 7 8 9 10 11 12 13 141516 17
1 2 3 4
5
6
7
8
9101112
13 14 15 16
17
18
19
20
21222324
25 26 27 28
29
30
4 5 6 7 8 9 10 11 12
13
14 15 16 17 18 19 20 21 22
23
24
1
2 3 4 5 6 7 8
9
10
11
12
1
15161718192023
24
25
26 1
2
3
4
5
9
10
11
12
1 2 3 4
5
6
78
9
10
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
18
60
63
30
36
E
J
14
15
1617181920
5 6 7 8 9 10
11
1
2 141516171920212218
1
2 3 4 5
6
7 8 9 1011
10103104105
106 107108 11
1
UNION ST
PALM ST
IDLEWILD DR
BETTY LN
BERMUDA ST
PO
I
N
S
E
T
T
A
A
V
E
13
0
1
12
7
3
12
6
7
12
6
3
13
1
1
2081
2021
2087
12
6
3
2070
2072
13
0
9
13
1
0
13
0
0
2026
2028
12
9
1
2022
12
6
5
12
6
1
12
5
7
12
4
5
12
4
3
12
9
0
12
8
4
12
8
0
12
7
2
12
6
6
12
2
6
12
2
2
12
2
0
12
2
5
12
8
2
12
8
3
2060
2080A
2031
12
4
4
12
2
7
12
3
5
12
4
5
12
5
3
12
7
1
12
7
5
2020
2010
2048
2044
2026
12
6
5
12
5
5
12
5
9
2073
2071
2079
2083
20222020
2 0 1 7
2027
2020
0 2 4
12
7
4
12
7
8
2067
2050
2058
20252021
2040
12
5
9
12
7
1
2
2063
2065
2069
2024
2028
2030
12
3
5
12
2
3
2021
12
9
2
12
6
0
12
5
4
12
5
0
12
4
6
12
4
2
12
3
1
2044
12
9
3
12
7
9
12
7
7
12
7
1
12
6
7
12
6
5
12
5
9
12
5
5
12
5
1
12
4
7
12
4
5
12
3
9
12
3
5
12
2
1
12
1
7
12
7
6
12
6
8
12
6
4
12
6
2
12
5
6
12
5
0
12
4
2
12
3
4
12
3
2
12
2
8
12
2
0
12
1
6
2060
2064
2066
12
8
3
12
7
9
12
7
5
12
6
7
12
5
5
12
5
7
12
5
1
12
3
9
12
3
5
12
3
3
12
3
1
12
2
1
12
1
5
12
7
0
12
6
6
12
6
2
12
6
0
12
5
6
12
5
0
12
4
6
12
3
8
12
3
4
12
3
0
12
2
4
12
2
2
12
2
0
12
4
7
12
4
5
12
4
1
12
3
7
12
2
3
12
1
9
12
1
5
2068A
2080B
2068B
-N
o
t
t
o
S
c
a
l
e
-
-N
o
t
a
S
u
r
v
e
y
-
Rev. 02/11/15
EXISTING SURROUNDING USES MAP 2 OF 2
Owner(s): Multiple Owners Case: ANX2015-02005
Site:
South of Union Street, east of Douglas Avenue,
north of Sunset Point Road (SR 576) and west of
Kings Highway
Property
Size(Acres):
ROW (Acres):
0.887
N/A
Land Use Zoning
PIN: Parcels – See Exhibit A
From : RU R-4
Atlas Page: 251B To: RU LMDR
60
60
60
60
6060
60
60
80
60
80
38
60
60 60
40
60
60
60
45
45
60
2809828674
83
9
7
0
87912
O
F
G
G
C
2
3
4
5
6
1
1
1
2
3
4
5
6
7
8
9
1
1
1
1
14
1
1
12345678910111213
14
15
16
17
18
19
20
21 24 25 26 27 28 29 30 31 32
33
34
35
36
37
38394041424344
45 46 47 48 49 50 51
2 3 4 5 6 7 8 9
11 12 13 14 15 16 17 18
2 3 4 5 6 7 8 9 10 11 12
13
14
15
16
17
18
192021222324 252627
12
10
11
12
13
14
1322
1
2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22
23
24
6
7 6
7
8
15
1617
1819
2021
2223
2425
2627
2829
3435
3637
3839
4041
4243
4445
4647
50
51
52
53
54
55
56
2 3 4 5 6 7
9 10 11 12 13 14
2 3 4 5 6 7 8
4
5
6
7
8
22
1
1
1
1
1
1
BE
T
T
Y
L
N
SEDEEVA CIR N
WO ODL AWN TER
STATE ST
CHENANGO AVE
ALOHA LN
SEDEEVA CIR S
SHERIDAN RD
BERTLAND WAY
COLES RD
MAC
OMBE
R AVE
12
8
7
191 8
1943
1963
1913
1999
1264
1273
1271
1969
1288
1958
1960
1925
1927
1925
1915
191 7
1216
1218
1215
1216
1211
1213
1203
1919
1287
1222
1
2
3
7
1223
1207
1225
1969
1290
1950
1952
1290
1286
1282
1278
1274
1942
1224
1300
1971
1927
1923
1918
1924
1926
1932
1938
1936
1940
1947
1949
1943
1946
1952
1954
1964
1284
1280
1276
1274
1279
1275
1267
1255
1251
1239
1278
1274
1272
1270
1266
1260
1258
1256
1244
1240
1236
1234
1230
1222
1212
1206
1295
1287
1283
1277
1273
1271
1267
1265
1261
1253
1249
1245
1241
1235
1231
1225
1213
1296
1252
1246
1212
1232
1226
1212
1206
1209
1215
1221
1229
1233
1237
1920
3
1937
1941
1987
1936
1929
1928
7935 1910
1231
1933
1931 1928
1927
1921
1918
1940
1219
1283
1920
1926
1961 1974
1978
1995
1212
1234
1205
1233
1230
1932
12941273
1938
1936
1930
1327
1295
1244
1295
1979
1935
19371940
1944
1921
1923
1289
1285
1281
1277
193 3
1962
1245
1249
1251
1257
1261
1276
1268
1291
1209
2022
1286
126
1262
1260
1256
123
1997
1981
1996
1224
1206
1204
1214
1226
1220
1212
1204
1204
1217
1202
1244
-N
o
t
t
o
S
c
a
l
e
-
-N
o
t
a
S
u
r
v
e
y
-
Rev. 02/11/15
View looking north at the subject property,
1268 Sedeeva Circle North
West of the subject property
East of the subject propertyAcross the street, to the south of the subject
property
ANX2015-02005
The Sedeeva Cir N 1 Land Trust UTD
1268 Sedeeva Circle North
View looking westerly along Sedeeva CircleView looking easterly along Sedeeva Circle
View looking north at the subject property,
1276 Sedeeva Circle North
East of the subject property
West of the subject propertyAcross the street, to the south of the subject property
ANX2015-02005
Donald B. Lay
1276 Sedeeva Circle North
View looking easterly along Sedeeva CircleView looking westerly along Sedeeva Circle
View looking north at the subject property,
1226 Aloha Lane
West of the subject property
East of the subject propertyAcross the street, to the south of the subject property
ANX2015-02005
Linda J. Bauman
1226 Aloha Lane
View looking westerly along The Mall View looking easterly along The Mall
View looking east at the subject property,
2063 North Betty Lane
South of the subject property
North of the subject propertyAcross the street, to the west of the subject property
ANX2015-02005
Todd Sand and JenniMeno-Sand
2063 North Betty Lane
View looking southerly along Betty LaneView looking northerly along Betty Lane
View looking south at the subject property,
1233 Palm Street
East of the subject property
West of the subject propertyAcross the street, to the north of the subject property
ANX2015-02005
Joseph and Dana Marie Tincher
1233 Palm Street
View looking easterly along Palm StreetView looking westerly along Palm Street
View looking south at the subject property,
1271 Palm Street
East of the subject property
West of the subject propertyAcross the street, to the north of the subject property
ANX2015-02005
Jeremy T. Fisher and Nichole S. DeCicco
1271 Palm Street
View looking easterly along Palm StreetView looking westerly along Palm Street
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ID#15-1121
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: Action ItemIn Control: Public Utilities
Agenda Number: 8.1
SUBJECT/RECOMMENDATION:
Approve a contract with Severn Trent Services, of Pittsburg PA in the amount of $124,500.00
(BPO) for the purchase and installation of Bayoxide E33 Granular Ferric Oxide Media, and
authorize the appropriate officials to execute same. (consent)
SUMMARY:
The Bayoxide E33 media is primarily used as an absorption system to selectively remove
arsenic while filtering fresh groundwater at Reverse Osmosis Water Treatment Plant 1 (RO1).
The system was placed into service in November 2013 and was specified by the design
engineer, CDM Smith, as a part of the expansion of RO1.
The system consists of 2 pressurized filter vessels that contain a specialized iron-based media
that captures the arsenic and retains it on the surface of the media. The installed media has a
rated life that is based upon flow and arsenic levels. One of the vessels has reached and
exceeded the life expectancy, and is showing signs of performance loss. A preemptive media
change-out is recommended before it reaches the point where treatment failure occurs.
This is a proprietary, sole source product. The service includes all labor and equipment
necessary to removal and disposal of spent media from the pressure vessel and the
installation of 520 cu. Ft. of virgin Bayoxide E33 media.
APPROPRIATION CODE AND AMOUNT:
Funds are available in Capital Improvement Program Project 0327-96721, System R and R
Maintenance, to fund this contract.
USE OF RESERVE FUNDS:
N/A
Page 1 City of Clearwater Printed on 4/9/2015
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ID#15-1155
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: Action ItemIn Control: Solid Waste/General Services
Agenda Number: 9.1
SUBJECT/RECOMMENDATION:
Approve a Contract (Purchase Order) to Communications International of Vero Beach, FL in
the amount of $1,076,108.12 for the Project 25 (P-25) Police terminal upgrade for the
city-wide two-way radio P-25 communication system in accordance with Sec. 2.564(1)(b),
Code of Ordinances - Sole Source; authorize lease purchase under the City's Master Lease
Purchase Agreement, or internal financing via an interfund loan from the Capital Improvement
Fund, whichever is deemed to be in the City's best interest; and authorize the appropriate
officials to execute same. (consent)
SUMMARY:
Currently the City of Clearwater is in the process of upgrading its city wide communications
system to a national P25 standard. This upgrade is laid out in 3 phases, with a multi-year
implementation schedule. The initial phase is comprised of upgrades required by the
Clearwater Police Department. The second phase is to upgrade the remaining city user
equipment. The third phase will complete the migration with the final build-out of the City’s
system infrastructure.
The first part of Phase I, which was the initial Project 25 upgrade of the city-wide two-way
radio EDACS communication system Infrastructure, was approved by Council on December
18, 2014. This portion is part 2 of Phase I, which is in the approved six-year Capital
Improvement Program. The equipment purchase was estimated at $1,000,000 and was
scheduled to be funded with Garage Fund lease purchase revenue in fiscal year 2015/16.
This request is to pull forward that future year funding into the current budget year to complete
the final portion of the Police P25 migration. Electing to complete the first phase this year will
provide the Police Department with several operational benefits, and will result in an estimated
savings of $217,000 to the City of Clearwater.
A mid-year budget amendment will increase capital improvement project 316-94243, Police
Radio P25 Upgrade by $1,076,108.12 to fund this contract.
APPROPRIATION CODE AND AMOUNT:
316-94243-530300-519; Police Radio P25 Upgrade
Page 1 City of Clearwater Printed on 4/9/2015
QUOTATION
Page
Date
Quote Number
1/2
3/23/2015
QTE1500663-2015MP
7792 Professional Place
Tampa, FL 33637
Voice: 813.887.1888 Fax: 813.887.3884
Bill To City of Clearwater
100 Myrtle Avenue
PO Box 4748
Clearwater, FL, 33756-5520
USA
Site Clearwater, City of - Radio Communications
Attn: Earl Gloster
1900 Grand Avenue
Clearwater, FL, 33765
Voice:
Fax:
Contact
Radio MigrationCLE110RC
ReferenceSalesperson Site Number Description
Harris P25 Mobiles and Portables Ioco, Joseph
Description Qty List Price TotalSale PriceDisc AmtDisc %
Harris M7300 Remote Mount Mobile Radio
246,744.00 MAMWSDMXX - Mobile,M7300, 764-870 MHz, Half
Duplex
1,656.00 644.00 149 2,300.00 28.00 %
1.49 MWPL4U - Feature, Single-Key DES Encryption 0.01 0.00 149 0.01 0.00 %
1.49 MAMWNPL3R - Feature, Max(1024+) Sys/Grp 0.01 0.00 149 0.01 0.00 %
26,820.00 MWPRO - Feature, Provoice 180.00 70.00 149 250.00 28.00 %
0.00 MWPL4F - Feature, P25 Phase 2, TDMA 0.00 250.00 149 250.00 100.00 %
Migration Discount Expires 4/30/2015
0.00 MAMWPKG8F - 256-AES,64-DES Encryption 0.00 595.00 149 595.00 100.00 %
Migration Discount Expires 4/30/2015
171,648.00 MWP25ED - FEATURE PACKAGE,P25
TRUNKING & EDACS
1,152.00 448.00 149 1,600.00 28.00 %
88,506.00 MAMWNCP9F - Control Unit, System, Remote 594.00 231.00 149 825.00 28.00 %
38,620.80 MAMWNZN7R - M7300 Remote Mount Accessory 259.20 100.80 149 360.00 28.00 %
8,582.40 MAMWNMC7Z - Microphone, CH721 Control 57.60 22.40 149 80.00 28.00 %
9,655.20 AN225001001 - Antenna Element, 700/800 3dB 64.80 25.20 149 90.00 28.00 %
8,582.40 AN125001002 - Antenna, Base, Standard Roof Mnt 57.60 22.40 149 80.00 28.00 %
Harris P7300 Portable Radio
150,789.60 MAEVS7HXX - Scan Portable P7350, 764-870 Mhz 1,288.80 501.20 117 1,790.00 28.00 %
1.17 MAEVNPL3R - Feature, Max Systems/Groups 0.01 0.00 117 0.01 0.00 %
1.17 EVPL4U - Single-Key DES Encryption 0.01 0.00 117 0.01 0.00 %
QUOTATION
Page
Date
Quote Number
2/2
3/23/2015
QTE1500663-2015MP
7792 Professional Place
Tampa, FL 33637
Voice: 813.887.1888 Fax: 813.887.3884
Description Qty List Price TotalSale PriceDisc AmtDisc %
21,060.00 EVPRO - Feature, Provoice 180.00 70.00 117 250.00 28.00 %
0.00 EVXGNPL4F - Feature, P25 PHASE 2 TDMA 0.00 250.00 117 250.00 100.00 %
Migration Discount Expires 4/30/2015
0.00 MAEVPKG8F - Feature, Encryption 256-B AES
Encryption
0.00 595.00 117 595.00 100.00 %
Migration Discount Expires 4/30/2015
134,784.00 EVP25ED - FEATURE P25 TRUNKING & EDACS 1,152.00 448.00 117 1,600.00 28.00 %
16,848.00 EVPA3R - Battery,Li-Ion,2400mAH 72.00 28.00 234 100.00 28.00 %
3,369.60 MAEVNNC5X - Antenna, 764-870 MHz, 1/4 Wave 28.80 11.20 117 40.00 28.00 %
3,369.60 MAEVNHC2G - Belt Clip, Standard 14.40 5.60 234 20.00 28.00 %
13,478.40 MAEVNAE6A - Speaker Mic,Coiled 115.20 44.80 117 160.00 28.00 %
10,108.80 MAEVNCH9T - Charger, Single, Tri-Chemistry 86.40 33.60 117 120.00 28.00 %
Harris P25 Phase II Feature Upgrade
78,120.00 XGNPL4F - Feature Package, P25 PHASE 2 TDMA 180.00 70.00 434 250.00 28.00 %
Programming Existing M & P
12,236.00 Program, Radio 28.19 17.81 434.00 46.00 38.71 %
Migration Discount Expires 4/30/2015
Installation Srevices
32,780.00 Install, Rear Mount Radio 220.00 0.00 149.00 220.00 0.00 %
Programming New Mobiles and Portables
0.00 Program, New Mobiles and Portables 0.00 46.00 266.00 46.00 100.00 %
Migration Discount Expires 4/30/2015
1,076,108.12Subtotal:
0.00
1,076,108.12
Plus Tax
Total Due (USD)
Prices quoted are valid for ( 30 ) Days from Document Date.
Orders may be subject to shipping & handling charges.
All warranties are manufacture's warranties.
By signing this Quotation and/or submitting a purchase order pursuant to this Quotation you acknowledge that you have read and agree to be bound by
Communications Int'l. Inc.'s Terms and Conditions of Sale Service and Technical Support.
QUOTATION
Page
Date
Quote Number
1/2
3/20/2015
QTE1500663
7792 Professional Place
Tampa, FL 33637
Voice: 813.887.1888 Fax: 813.887.3884
Bill To City of Clearwater
100 Myrtle Avenue
PO Box 4748
Clearwater, FL, 33756-5520
USA
Site Clearwater, City of - Radio Communications
Attn: Earl Gloster
1900 Grand Avenue
Clearwater, FL, 33765
Voice:
Fax:
Contact
Radio MigrationCLE110RC
ReferenceSalesperson Site Number Description
Harris P25 Mobiles and Portables Ioco, Joseph
Description Qty List Price TotalSale PriceDisc AmtDisc %
Harris M7300 Remote Mount Mobile Radio
246,744.00 MAMWSDMXX - Mobile,M7300, 764-870 MHz, Half
Duplex
1,656.00 644.00 149 2,300.00 28.00 %
1.49 MWPL4U - Feature, Single-Key DES Encryption 0.01 0.00 149 0.01 0.00 %
1.49 MAMWNPL3R - Feature, Max(1024+) Sys/Grp 0.01 0.00 149 0.01 0.00 %
26,820.00 MWPRO - Feature, Provoice 180.00 70.00 149 250.00 28.00 %
26,820.00 MWPL4F - Feature, P25 Phase 2, TDMA 180.00 70.00 149 250.00 28.00 %
63,831.60 MAMWPKG8F - Feature,AES-DES Encryption 428.40 166.60 149 595.00 28.00 %
169,344.00 MWP25ED - FEATURE PACKAGE,P25
TRUNKING & EDACS
1,152.00 448.00 147 1,600.00 28.00 %
88,506.00 MAMWNCP9F - Control Unit, System, RM 594.00 231.00 149 825.00 28.00 %
38,620.80 MAMWNZN7R - M7300 Remote Mount Accessory 259.20 100.80 149 360.00 28.00 %
8,582.40 MAMWNMC7Z - Microphone,Standard Control Unit 57.60 22.40 149 80.00 28.00 %
9,655.20 AN225001001 - Antenna Element, 700/800 3dB 64.80 25.20 149 90.00 28.00 %
8,582.40 AN125001002 - Antenna, Base, Standard Roof Mnt 57.60 22.40 149 80.00 28.00 %
Harris P7300 Portable Radio
150,789.60 MAEVS7HXX - Scan Portable P7350, 764-870 Mhz 1,288.80 501.20 117 1,790.00 28.00 %
1.17 MAEVNPL3R - Feature, Max Systems/Groups 0.01 0.00 117 0.01 0.00 %
1.17 EVPL4U - Single-Key DES Encryption 0.01 0.00 117 0.01 0.00 %
21,060.00 EVPRO - Feature, Provoice 180.00 70.00 117 250.00 28.00 %
QUOTATION
Page
Date
Quote Number
2/2
3/20/2015
QTE1500663
7792 Professional Place
Tampa, FL 33637
Voice: 813.887.1888 Fax: 813.887.3884
Description Qty List Price TotalSale PriceDisc AmtDisc %
21,060.00 EVXGNPL4F - Feature P25 PHASE 2 TDMA 180.00 70.00 117 250.00 28.00 %
50,122.80 MAEVPKG8F - Feature, 256-B AES Encryption 428.40 166.60 117 595.00 28.00 %
134,784.00 EVP25ED - FEATURE PACKAGE,P25 TRUNKING
& EDACS
1,152.00 448.00 117 1,600.00 28.00 %
19,151.12 EVPA3R - Battery,Li-Ion,2400mAH 81.84 31.83 234 113.67 28.00 %
3,369.60 MAEVNNC5X - Antenna, 764-870 MHz, 1/4 Wave 28.80 11.20 117 40.00 28.00 %
3,369.60 MAEVNHC2G - Belt Clip, Standard 14.40 5.60 234 20.00 28.00 %
13,478.40 MAEVNAE6A - Speaker Mic,Coiled 115.20 44.80 117 160.00 28.00 %
10,108.80 MAEVNCH9T - Charger, Single, Tri-Chemistry 86.40 33.60 117 120.00 28.00 %
3,003.26 MAEVNCH9U - Charger, 6-Bay, Tri-Chemistry 500.54 194.66 6 695.20 28.00 %
Programming New Radios M & P
12,236.00 Program, New Radio Mobile/Portable 46.00 0.00 266.00 46.00 0.00 %
Programming Existing Mobiles & Portables
19,964.00 Programming Existing Radios 46.00 0.00 434.00 46.00 0.00 %
Progrmming Existing M & P (7100)
32,200.00 Program Existing M & P P25 46.00 0.00 700.00 46.00 0.00 %
This line item will need to be purchased this
budget year for the existing mobiles
and portables to work on the new system.
Harris P25 Phase II Feature Upgrade
78,120.00 XGNPL4F - Feature Package, P25 PHASE 2 TDMA 180.00 70.00 434 250.00 28.00 %
Installation Services
32,780.00 Install, Rear Mount Radio 220.00 0.00 149.00 220.00 0.00 %
1,293,108.90Subtotal:
0.00
1,293,108.90
Plus Tax
Total Due (USD)
Prices quoted are valid for ( 30 ) Days from Document Date.
Orders may be subject to shipping & handling charges.
All warranties are manufacture's warranties.
By signing this Quotation and/or submitting a purchase order pursuant to this Quotation you acknowledge that you have read and agree to be bound by
Communications Int'l. Inc.'s Terms and Conditions of Sale Service and Technical Support.
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ID#15-1191
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: Action ItemIn Control: Solid Waste/General Services
Agenda Number: 9.2
SUBJECT/RECOMMENDATION:
Approve Change Order 5 to Ajax Building Corporation of Oldsmar, Florida, to construct the
Countryside Recreation Center HVAC Upgrades (11-0059-LI), in the amount of $648,918,
approve a time extension of 60 days, amend the budget for the Countryside Library
Renovation project to a new total of $7,351,586, an increase of $248,918 over the $7,102,668
budget to include HVAC upgrades for the Countryside Recreation Center, and authorize the
appropriate officials to execute same. (consent)
SUMMARY:
City Council approved the Construction Manager at Risk contract to Ajax Building to construct
the Countryside Branch Library, chilled water yard and exterior piping in August 2014.
Administrative Change Orders 1 through 4 deducted a total of $1,147,956.86 for owner direct
purchase for the new library, for a new contract total of $4,314,711.14. Change Order 5 adds
$648,918 for a new total of $4,963,629.14.
The original estimate was based on a preliminary design narrative. Once the design
documents were developed, it was discovered that additional structural modifications would be
required to the existing roof and walls of the building to accommodate the more robust
mechanical requirements.
The construction is estimated to last four months, late June 2015 to late October 2015. The
Countryside Library will be complete August 2015.
The Parks and Recreation Department will be responsible for the day-to-day operations, and
the Building and Maintenance Department will be responsible for maintenance of the facility.
APPROPRIATION CODE AND AMOUNT:
0315-93528-563600-571-000-0000
Funding for this contract will be provided by a midyear budget amendment allocating $248,918
of Penny for Pinellas infrastructure funds to project 315-93528, Countryside Library
Renovation.
Page 1 City of Clearwater Printed on 4/9/2015
File Number: ID#15-1191
Sufficient funding is available in project 0315-93528, Countryside Library Renovation in the
amount of $400,000 for total funding of $648,918.
Page 2 City of Clearwater Printed on 4/9/2015
Change Order 5 Date: March 30, 2015
PROJECT:PROJECT NUMBER: 11-0059-LI
Countryside Branch Library
PO REFERENCE: ST110231-1
CONTRACTOR:AWARD DATE: August 7, 2014
Ajax Building Corporation CONTRACT DATE: August 18, 2014
109 Commerce Blvd
Oldsmar, Fl 34677 CODE: 0315-93528-563600-571-000-0000
SCOPE OF CHANGE: THIS CHANGE ORDER ACCEPTS REVISIONS TO THE CONTRACT
Adds the Countryside Recreation Center HVAC Upgrades - see attached
STATEMENT OF CONTRACT AMOUNT ACCEPTED BY:
ORIGINAL CONTRACT AMOUNT Ajax Building Corporation
Admin Change Order 1 - CM - 10/8/2014
Admin Change Order 2 - CM - 11/24/2014 By: (SEAL)
Admin Change Order 3 - CM - 1/20/2015 William P. Byrne, President
Admin Change Order 4 - CM - 3/25/2015
Change Order 5 - City Council - 4/16/2015 Date:_________________________
NEW CONTRACT AMOUNT
George N. Cretekos Mayor Witnesses (Two):
ATTEST:
Recommended By: City of Clearwater
Date:
CITY OF CLEARWATER, IN
PINELLAS COUNTY, FLORIDA Tara Kivett, Construction Manager
William B. Horne, II, City Manager Michael D. Quillen, PE, City Engineer
APPROVED AS TO FORM:
Matthew Smith, Assistant City Attorney
Rosemarie Call, City Clerk
4,963,629.14$
5,462,668.00$
(474,183.75)$
(496,122.44)$
(101,542.67)$
648,918.00$
(76,108.00)$
Page 2 of 2
Change Order 5 Countryside Branch Library
ITEM DESCRIPTION UNIT QTY UNIT COST TOTAL COST
Increases:
1 General Requirements LS 0.18715457 $ 379,964.00 71,112.00$
2 Sitework LS 0.01704772 351,660.00$ 5,995.00$
3 Concrete LS 0.03724833 316,792.75$ 11,800.00$
5 Metals LS 0.09908668 232,120.00$ 23,000.00$
7 Thermal & Moisture Protection LS 0.10620902 205,067.33$ 21,780.00$
8 Doors & Windows LS 0.0243583 306,179.04$ 7,458.00$
9 Finishes LS 0.02961408 546,834.50$ 16,194.00$
21 Fire Supression LS 0.01719307 39,260.00$ 675.00$
23 HVAC Work LS 0.79813566 481,779.00$ 384,525.00$
26 Electrical Work LS 0.07253736 341,879.00$ 24,799.00$
32 Site Improvements LS 0.0121369 61,795.00$ 750.00$
36 Bonds & Insurance LS 0.13859915 89,473.85$ 12,401.00$
37 Warranty LS 0.10903659 2,678.00$ 292.00$
80 Contingency LS 0.25301721 166,708.03$ 42,180.00$
90 CM Fee LS 0.11785599 220,243.37$ 25,957.00$ Total Increases:648,918.00$
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ID#15-1152
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: AppointmentIn Control: Official Records & Legislative Services
Agenda Number: 10.1
SUBJECT/RECOMMENDATION:
Appoint one member to the Marine Advisory Board with a term to expire March 31, 2019.
SUMMARY:
APPOINTMENT WORKSHEET
BOARD: Marine Advisory Board
TERM: 4 years
APPOINTED BY: City Council
FINANCIAL DISCLOSURE: Not Required
RESIDENCY REQUIREMENT: City of Clearwater
SPECIAL QUALIFICATIONS: None
MEMBERS: 7 + 1 Ex Officio member
CHAIRPERSON: Paul J. Kelley
MEETING DATES: 2nd Wed., 8 am (Quarterly)
PLACE: Chambers
APPTS. NEEDED: 1
THE FOLLOWING ADVISORY BOARD MEMBER HAS A TERM WHICH EXPIRES AND
NOW REQUIRES EITHER REAPPOINTMENT FOR A NEW TERM OR REPLACEMENT BY
A NEW APPOINTEE:
1. Tim Trager - 3314 Hunt Club Dr., 33761 - Insurance/Risk Management
Original Appointment: 1/18/07
(0 Absences in the past year)
Interest in reappointment: Yes
(currently serving 2nd term until 3/31/15)
THE NAME BELOW IS BEING SUBMITTED FOR CONSIDERATION TO FILL THE ABOVE
VACANCY:
1. Letitia (Tish) Wold - 1600 Gulf Blvd., Apt. 312, 33767
- Certified Financial Planner/US Naval Academy
Zip codes of current members on board:
Page 1 City of Clearwater Printed on 4/9/2015
File Number: ID#15-1152
1 at 33756
3 at 33761
1 at 33764
3 at 33767
Page 2 City of Clearwater Printed on 4/9/2015
CITY OF CLEARWATER - APPLICATION FOR ADVISORY BOARDS
must be Clearwater resident)
Name: Tim Trager
Home Address: Office Address:
3314 Hunt Club Dr. Clearwater, FL 2965 Alt. 19 N. Palm Harbor, FL
Zip 34684 Zip 34684
Telephone: 727 -789 - 4178
Cell Phone: 727- 324 -8801
How long a resident of Clearwater? 37 years
Telephone:
E -mail Address:
Occupation: Insurance agent Employer: Alltrust insurance
Field of Education: Other Work Experience:
Insurance, Risk Management, Risk Manager with MarineMax 11 years
Commercial pilots license, Instrument and MEL
If retired, former occupation:
Community Activities:
Other Interests:
Board Service (current and past): Board Preference:
Served past 8 years on Marine Advisory Board Marine Advisory Borad
Additional Comments:
Signature: Date: 3/17/2015
See attached list for boards -t 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
RECEIVED
MAR 17 2, 15
C: ° ICiAL RECORDS AND
LEGISLATIVE S 'vCS DEPT
BOARD QUESTIONNAIRE
1. What is your understanding of the board's duties and responsibilities?
To research and make recommendations to the city council on the safety
and development of the marine resources to the benefit of the Clearwater
community.
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 feel the previous 8 years of service on this board with many years as the chair gives me a working
knowledge of the area waterways. This and my previous experience with Marine Max as the Risk
Manager with over 84 locations and dealing with a wide range of marine issues. I also own a trailer
boat and I use the city facilities while enjoying the resources of the Clearwater.
4. Why do you want to serve on this Board?
To continue to add my experience to the aid of my fellow Clearwater residents.
Name. Tim Trager
Board Name: Marine Advisory Board
CITY OF CLEARWATER - APPLICATION FOR ADVISORY BOARDS
must be Clearwater resident)
Name: Letitia (Tish) Wold
Home Address:
1600 Gulf Blvd, Apt 312. Clearwater, FL
Zip 33767
Telephone: 727-641-8634
CeII Phone: 727-641-8634
How long a resident of Clearwater? 15 months
Occupation: Certified Financial Planner
Field of Education:
BS- Applied Mathematics, US Naval Academy
Certified Financial Planning, CFP Board
Office Address:
2531 Landmark Dr, Ste 203, Clearwater, FL
Zip 33767
Telephone: 727-451-3450
E-mail Address: tish.wold@raymondjames.com
Self - BelleairEmployer Wealth Strategies
Other Work Experience:
Financial Planner since 2001
US Navy - 1983-1994
If retired, former occupation:
Community Activities: Immediate Past Commodore, Clearwater Yacht Club, Endowment Board, Prince of Peace
Lutheran, former board member, Greater Belleair Young Women's Society(GBYWS) , USNA Alumni Assn - Tampa Chapter
Other Interests: sailing
Board Service (current and past): Board Preference:
Clearwater Yacht Club Board - 6 years Marine Advisory Board
Currently Immediate Past Commodore
Past Congregation President, Prince of Peace Lutheran Church
Additional Comments: more Boards - EUSNA Alumni Assn - Tampa Chapter, Past Endowment
Board Chair, Prince of Peach Lutheran, Business and Professional Women - Board Member, Women Veteran Chair, GBYWS
Signature: Date: 3-26-2015
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
MAR 2 6 7:7115
LrGISLQIE DVI
BOARD QUESTIONNAIRE
1. What is your understanding of the board's duties and responsibilities?
I understand the Marine Advisory Board's responsibilities are to
advise on issues pertaining to the city's marinas and waterways.
2. Have you ever observed a board meeting either in person or on C-View, the City's TV station?
No, I have not.
3. What background and/or qualifications do you have that you feel would qualify you to serve on
this Board?
I feel that my background with 11 years service in the US Navy,
as an active local boater, and my 6 years on the Board of
Directors for Clearwater Yacht Club, where I am currently serving
as Immediate Past Commodore qualify me to advice on issues regarding
local waterways and marinas.
4. Why do you want to serve on this Board?
I would like to serve on this Board to help serve my local community,
and have input on issues important to the local boating and
marine communities.
Name Letitia (Tish) Wold
Board Name: Marine Advisory
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ID#15-1204
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: Action ItemIn Control: Council Work Session
Agenda Number: 10.2
SUBJECT/RECOMMENDATION:
Approve the 2015 Federal Legislative Agenda. (consent)
SUMMARY:
APPROPRIATION CODE AND AMOUNT:
USE OF RESERVE FUNDS:
Page 1 City of Clearwater Printed on 4/9/2015
City of Clearwater, Florida
2015 Federal Legislative Agenda
Prepared by Van Scoyoc Associates for the
Clearwater City Council
Mayor George Cretekos
Vice Mayor Jay Polglaze
Councilmember Doreen Hock-DiPolito
Councilmember Hoyt Hamilton
Councilmember Bill Jonson
Bill Horne, City Manager
Questions regarding the information in this book may be directed to:
Greg Burns Rosemarie Call
(202) 737-8162 (727) 562-4092
February 2015
Copyright 2015 Van Scoyoc Associates Inc.
City of Clearwater
2015 Federal Legislative Agenda
Water Resources
National Flood Insurance Program
Support efforts to improve the National Flood Insurance Program for the benefit of all participants,
including H.R. 141 and other positive legislative efforts. Monitor FEMA’s implementation of the
Homeowner Flood Insurance Affordability Act.
Waters of the United States
Monitor activity related to the EPA’s proposed rule on waters of the U.S. Oppose any aspects of the
proposed rule that could lead to unrealistic and over-burdensome regulations that would negatively affect
local governments.
Federal Flood Risk Management Standard
Monitor the implementation of Executive Order 13690 and the Federal Flood Risk Management Standard
for potential impacts to the City of Clearwater. Monitor Congressional activity related to the updating of
the Federal Flood Risk Management Standard.
Stevenson Creek Estuary Restoration Project
Support continued Corps participation in the Stevenson Creek Estuary Restoration Project in the City of
Clearwater. Support efforts by the City to gain an exception to the CAP 206 authorization limit.
Clearwater Pass Maintenance Dredging
Support adequate annual funding for the Corps of Engineers Operations & Maintenance account,
including additional funding for dredging not identified in the annual Administration budget. Support
additional funding specifically provided for “Small, Remote, or Subsistence Navigation” dredging
activities.
Local Government Issues
Tax-Exempt Bonds
Oppose legislation that would threaten the tax exemption on state and local bonds, including a 28 percent
cap on tax-exempt municipal bonds.
Remote Sales-Tax Legislation
Support legislation that requires companies making catalog and internet sales to collect and remit the
associated taxes.
Transient Occupancy Taxes
Oppose legislation that would exempt online travel brokers from paying taxes on the full room rate paid
by the consumer, thereby costing Pinellas County the opportunity to collect appropriate Transient
Occupancy Taxes from visitors to the region.
Transportation
Transportation Authorization
Monitor proposed changes to Federal highway and transit programs. Monitor efforts to enhance Federal
transportation revenue streams. Oppose efforts that would allow heavier trucks on Interstates. Support
any and all opportunities to secure funding for the City of Clearwater’s priorities via this legislation or
other means.
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.
Public Safety
Public Safety Programs
Support at least level funding from FY 2015 for a wide variety of Department of Justice and Department
of Homeland Security grants, e.g., Community Oriented Policing Services, Byrne Justice Assistance
Grants, Assistance to Firefighters Grants, Staffing for Adequate Fire and Emergency Response Grants,
and the Urban Area Security Initiative. Support any City of Clearwater applications for these funds.
The Corporation for National and Community Service – AmeriCorps’ State and National Grant
Program
Support continued annual funding for grant programs within the Corporation for National and
Community Service, particularly for the AmeriCorps State and National grant program.
Economic Development & Social Services
Department of Housing and Urban Development Formula Programs (CDBG & HOME)
Support adequate funding for future fiscal years for both the Community Development Block Grant and
the HOME Investment Partnerships programs because of their critical role in the City’s overall efforts to
support those that are least fortunate.
Environmental Protection Agency’s Brownfields Program
Support continued adequate annual funding for the Environmental Protection Agency’s brownfields
program, including at least $90 million for the Section 104(k) competitive grant program. Support
legislation to reauthorize the Environmental Protection Agency’s brownfields program. Support any City
of Clearwater applications for brownfields funding assistance.
Supportive Housing for the Elderly and for Persons with Disabilities - Department of Housing and
Urban Development’s Section 202 and 811 Programs
Support continued adequate annual Federal funding for 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).
Homeless Assistance – Continuum of Care Program
Support continued adequate annual funding for Department of Housing and Urban Development
Homeless Assistance Grants, particularly for the Continuum of Care Program.
Economic Development Administration
Support continued funding of the Economic Development Administration. Support City of Clearwater
grant applications through EDA programs.
Excise Tax on High-Cost Health Insurance Plans
Support efforts to repeal the excise tax on high-cost health insurance plans (a.k.a. the Cadillac tax) within
the Affordable Care Act.
Energy & Environment
Offshore Energy Exploration
Monitor the potential expansion of offshore energy exploration in Florida’s Federal waters.
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. Support legislation reauthorizing the Land and Water
Conservation Fund.
FEDERAL ISSUE: National Flood Insurance Program
BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: In 1968, Congress
established the National Flood Insurance Program (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 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 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
recent being Hurricane Sandy.
In mid-2012, Congress passed, and the President signed, a 5-year reauthorization of the NFIP that
attempted to restore the program to firmer financial footing by making a number of changes to the
program that impacted the City’s residents. This is known as Biggert-Waters (BW12).
Then, in early 2014, the Homeowner Flood Insurance Affordability Act (HFIAA), was enacted in an
attempt to address some of the so-called unintended consequences of BW12.
HFIAA Implementation
While it is unclear if Congress will address flood insurance reform in the 114th Congress, FEMA will
continue to spend significant time implementing HFIAA over the next year or more. This includes
creating a Flood Insurance Advocate, allowing for option high-deductible policies for residential
properties, communicating full flood risk determinations to property owners regardless of whether their
premiums reflect such risk, implementing changes to how FEMA handles map revisions, complete a
study of community-based flood insurance options, attempt to secure reinsurance of coverage provided by
the NFIP from private markets, provide refunds to pre-FIRM primary homeowners who overpaid due to
BW12, provide guidelines for property owners describing alternative means of flood mitigation, other
than elevation, that can reduce flood risk and inform property owners about how mitigation can lower
premiums, complete an Affordability Study and a “Draft Affordability Framework,” allow for the
monthly payment of flood insurance premiums, and report to Congress on the number of annual policy
premiums that exceed one percent of the total coverage provided by the policy.
In late 2014, FEMA announced the opening of the Interim Office of the Flood Insurance Advocate and
the appointment of an Interim Flood Insurance Advocate. The Acting Advocate and staff will focus on
assisting the public as they navigate through these new NFIP processes by leveraging FEMA resources to
address specific public inquiries or concerns. They will also develop a long-term regional mapping
outreach and education strategy. FEMA noted that additional funding would be needed in order to fully
install the permanent Office of the Flood Insurance Advocate and expand its role, but until then it would
operate the office with existing resources.
Meanwhile, effective April 1, 2015, the first wave of NFIP rate increases resulting from HFIAA will be
instituted. As noted above, HFIAA called for the NFIP to limit rate increases to no more than 18 percent
for any one policy with exceptions. However, FEMA has interpreted HFIAA to allow for the total
amount charged to the policyholder to increase an average of 19.8 percent for all 5.5 million FEMA
policies and an increase of 37 percent for certain policies.
The most notable exception is that older non-primary residences and older business properties will
continue to see annual increases of up to 25 percent. However, because of a new mandatory $250
surcharge on certain properties, some may see a premium increase of 37 percent as of April 1, 2015.
This new mandatory surcharge and the Federal Policy fee found on every FEMA flood insurance policy
are not considered premiums by FEMA, and thus are not subject to the limitations described in the
HFIAA. FEMA has admitted that as a result, the increase in the total amount charged to a policy may
exceed 18 percent.
Other Flood Insurance Legislation
Several pieces of legislation were introduced in the 113th Congress to address some of the shortcomings
of HFIAA. For example, Rep. David Jolly (R-FL) introduced legislation in March 2014 that would
further amend BW12 by extending the rate relief provided in H.R. 3370 to businesses and “owner-
occupied” second homes. Specifically, H.R. 4313, the Flood Insurance Premium Parity Act of 2014
would: 1) Repeal the requirement that owner-occupied second homes and businesses be automatically
charged actuarially sound rates; 2) Restore the grandfathered rates for these properties; and 3) Apply to
these properties the 18 percent cap on yearly rate increases provided for selected primary homes in H.R.
3370. H.R. 4313 is cosponsored by Florida Reps. Gus Bilirakis (R), Kathy Castor (D), Patrick Murphy
(D), and Lois Frankel (D). Rep. Jolly has reintroduced his bill in the 114th Congress as H.R. 141 with six
Florida members of Congress as original cosponsors.
Meanwhile, Reps. Dennis Ross (R-FL) and Patrick Murphy (D-FL) introduced H.R. 4558, the Flood
Insurance Market Parity and Modernization Act, in May 2014. This bill would clarify that private flood
insurance products would be regulated by individual states instead of the Federal government, which is
perceived to be better for insurers and is expected to create more opportunity for private insurance to
proliferate. The House Financial Services Committee held a hearing on November 19, 2014 to discuss
H.R. 4558, which had five additional cosponsors in the 113th Congress, including Florida Reps. Jolly and
Gus Bilirakis (R). It is likely that this legislation will be reintroduced in the 114th Congress.
RECOMMENDED POSITION: Support efforts to improve the National Flood Insurance Program for
the benefit of all participants, including H.R. 141 and other positive legislative efforts. Monitor FEMA’s
implementation of the Homeowner Flood Insurance Affordability Act.
FEDERAL ISSUE: Waters of the United States
BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: A series of decisions by
the U.S. Supreme Court over the past decade imposed restrictions on the scope of wetland regulation
governed by Section 404 of the Clean Water Act (CWA) that regulate “dredge and fill” activities in
navigable waters and their adjacent wetlands. Opponents of these restrictions have urged Congress to
redefine waters of the U.S., and apply that definition to all aspects of the CWA.
As legislation along those lines failed to pass previous Congresses, the Environmental Protection Agency
(EPA) and U.S. Army Corps of Engineers (ACOE) over the past several years developed guidance first,
and now a proposed rule, to redefine waters of the U.S. There is concern that this effort may significantly
expand the definition of WOTUS to include tributaries, ditches, canals, and other water bodies that can
potentially drain into navigable waters, interstate waters, or the territorial seas.
The EPA claims that the proposed rule “does not protect any new types of waters that have not
historically been covered under the Clean Water Act.” However, they also say that “60 percent of stream
miles in the U.S. only flow seasonally or after rain” but that they deserve protection under the CWA and
that “other types of waters” will have “protection… evaluated through a case specific analysis of whether
the connection is or is not significant.”
In 2014, the EPA and ACOE released the proposed rule to define waters of the U.S. subject to Clean
Water Act jurisdiction. Many have concerns that the proposed rule is more than a recitation of water
features subject to regulation under the Clean Water Act. Rather, the rule has been perceived to redefine
WOTUS in new categories of water bodies that are already regulated under the Act as a point source, but
not as a WOTUS. Such definition could trigger added regulation that could increase the cost and
regulatory burden for all levels of government and permitted activities.
The public comment period for the rule closed in late 2014. The EPA received more than 875,000
comments on the proposed rule. In comments submitted jointly by the National Association of Counties,
National League of Cities, U.S. Conference of Mayors, National Association of Regional Councils,
American Public Works Association, National Association of County Engineers, and the National
Association of Flood & Stormwater Management Agencies, these organizations expressed that the rule
must include the following provisions that are priority concerns for local governments:
• Separate municipal storm sewers will continue to be regulated and permitted under Section 402 of
the Clean Water Act, and shall not be considered, either in their entirely or any individual feature
thereof, waters of the U.S.;
• Green infrastructure developed to improve water quality or achieve multiple public benefits shall
be encouraged and given priority consideration that does not impose additional financial and
regulatory burdens of permittees and shall not be considered waters of the U.S.;
• Water delivery, reuse, and reclamation systems and facilities shall not be considered waters of the
U.S.;
• Ditches and other drainage features that protect and ensure the operation of public infrastructure
shall not be considered waters of the U.S.;
• Wastewater treatment systems and all associated infrastructure shall not be considered waters of
the U.S.;
• Any proposal to regulate waters within a floodplain, riparian, or any other general area must
include a specific definition, including the specific boundaries, of the floodplain, riparian, or
other area subject to the rule; and
• The rule must include sufficient clarity and specificity to better inform regulators and permittees
and to minimize the potential for litigation.
Meanwhile, the EPA’s own Local Government Advisory Committee submitted 105 pages of comments,
saying “there is no doubt that the proposed rule…should be modified” and that the EPA should “engage
state, local, and tribal agencies in the rule development process.”
Congress has paid increasing attention to this issue over the past year. In the fall of 2014, the House
passed legislation through a bipartisan vote that would prevent the EPA from implementing the proposed
rule. The White House issued a veto threat in response, saying the legislation “would derail current
efforts to clarify the scope of the CWA, hamstring future regulatory efforts, and create significant
ambiguity regarding existing regulations and guidance.”
Ultimately, there was no provision included in the FY 2015 omnibus that would prevent the EPA from
implementing the proposed WOTUS rule if it is finalized in 2015. However, congressional leadership has
already signaled a desire to work during the 114th Congress to limit the EPA’s authority related to
WOTUS, which will continue to be a point of contention between Congress and the Administration for
the foreseeable future.
POSITION: Monitor activity related to the EPA’s proposed rule on waters of the U.S. Oppose any
aspects of the proposed rule that could lead to unrealistic and over-burdensome regulations that would
negatively affect local governments.
FEDERAL ISSUE: Federal Flood Risk Management Standard
BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: In late January 2015, the
Administration issued Executive Order (EO) 13690 to update the Federal Flood Risk Management
Standard (FFRMS) that helps define rules and regulations for Federal activities in a floodplain. This new
FFRMS will require Federal agencies to update their flood-risk reduction strategies for any action that
cannot be avoided in the floodplain. Shortly after issuing the Executive Order (EO) and the new standard,
the Federal Emergency Management Agency (FEMA) issued proposed guidelines for individual Federal
agencies to follow when implementing the EO and standard. Public comments on the proposed
implementation guidelines are due April 6.
Current regulations define the floodplain as the area subject to a one percent or greater chance of flooding
in any given year – the 100-year floodplain. FEMA identifies the floodplain on community maps where
Federal flood insurance is required and building restrictions are imposed to minimize flood losses. All
levels of government rely on the maps to inform decisions about emergency response, land use, and
construction in the floodplain.
This new EO and the accompanying FFRMS redefine the floodplain and provide new direction for federal
agencies to avoid or manage actions in the floodplain. Consistent with the President’s Climate Action
Plan, the new EO and FFRMS seek to improve the nation’s preparedness and resilience against flooding.
Incorporating the new FFRMS will ensure that agencies expand management from the current base flood
level (BFE) to a higher vertical elevation and corresponding horizontal floodplain. The FFRMS also
requires review of Federal actions that are outside, but may affect the floodplain.
Federal agencies will select one of three options for establishing the flood elevation and hazard area:
1. Utilizing best-available, actionable data and methods that integrate current and future changes in
flooding based on science,
2. Two or three feet of elevation, depending on the criticality of the building, above the 100-year, or
1%-annual-chance, flood elevation, or
3. 500-year, or 0.2%-annual-chance, flood elevation.
Federal agencies may make exceptions for reasons of national security, emergency response, and when
application of the FFRMS would be demonstrably inapplicable for a Federal facility or structure.
Otherwise Federal facilities and structures must adhere to the National Flood Insurance Program and the
FFRMS.
Federal actions must consider alternatives outside the floodplain. When the floodplain cannot be avoided,
the EO and the FFRMS requires federal agencies to use natural systems, ecosystem processes, and nature-
based approaches when developing alternatives for consideration. All new or rehabilitated construction
(50% or more net increase in value of an existing structure) must be elevated to the new standard. Federal
agencies may consider cumulative improvements over time when calculating increased value.
Potential Concerns with EO 13690 and the FFRMS
• The Executive Order and the FFRMS were developed by a Federal agency working group with
limited, if any, input for state and local governments or stakeholders who share in flood
protection and emergency response. The opportunity for public comment is limited to the
implementation guidelines, essentially instructions to Federal agencies, rather than the standard
itself. Congress expressed its concern with the standard by prohibiting funding until the
Administration solicited and considered input from Governors, mayors, and other stakeholders.
Yet the EO and FFRMS are now final.
• The scope of the EO and FFRMS is significant and will include every action of the federal
government, including grants, loans, loan-guarantees, FHA and VA loans, wastewater permits
and infrastructure, transportation projects, utility licenses and infrastructure, etc.
• While the NFIP itself might not be affected, its coverage could be extended to new areas not
previously required to purchase flood insurance and subject to floodplain building restrictions.
Flood insurance is required in special flood hazard areas, which may be expanded as Federal
agencies, including FEMA, apply one of the four approaches required in the EO and FFRMS for
defining the floodplain.
• No economic analysis of the costs and benefits of this EO and FFRMS have been conducted,
despite the significant potential impacts of every Federal action being made subject to the
FFRMS.
• Different Federal agencies can adopt different floodplains and management requirements that
apply to a community, creating confusion about the land use and building ordinances that must be
adopted to comply with the National Flood Insurance Program.
• While providing flexibility to Federal agencies can be beneficial, it can also create lengthy delays
and legal challenges about the floodplain approach an agency selects. Existing practice sets a
mapping process and flood risk standards that are readily understood by all levels of government
and the public.
• The EO and FFRMS do not allow for “grandfathering” of existing Federal actions, nor those
under development. Questions are being raised about whether constructed projects will have to
be modified to comply with the FFRMS, or if studies and designs must be rescoped.
• The requirement that Federal actions must first consider natural systems, ecosystem processes,
and natural-based approaches can delay or significantly increase the cost of a Federal action for
these often land-intensive alternatives. Those applying for Federal permits would be subject to
the same requirements.
• Federal agencies could be charged with making floodplain-related evaluations for which they
have limited expertise, rather than relying on the expertise of the agencies historically charged
with flood protection and floodplain management.
At least one Senator has already asked the President to grant an extension to the comment period of at
least an additional 90 days. Several others have questioned the Administration’s legal standing in
updating the FFRMS. Meanwhile, Congress last year attempted to stop the completion of the FFRMS
update via the Fiscal Year 2015 omnibus appropriations bill, but that appears to have been ignored by the
Federal agencies.
RECOMMENDED POSITION: Monitor the implementation of Executive Order 13690 and the Federal
Flood Risk Management Standard for potential impacts to the City of Clearwater. Monitor Congressional
activity related to the updating of the Federal Flood Risk Management Standard.
FEDERAL ISSUE: 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.
The CAP Section 206 program authorizes the Corps of Engineers to engage in aquatic ecosystem
restoration and protection projects in partnership with non-Federal government agencies, as long as each
projects is economically justified, environmentally sound, and technically feasible. Prior to passage of
the Water Resources Reform and Development Act (WRRDA) of 2014, law dictated that the maximum
Federal cost for planning, design, and construction of any one project was $5 million. In June 2014, the
President signed WRRDA 2014 into law, which included a provision that increased the per project CAP
Section 206 limit from $5 million to $10 million. However, the Corps released guidance indicating the
authorization increase would only apply to new projects, not those already underway, such as Stevenson
Creek.
The City and the Corps of Engineers have worked on a Section 206 CAP project, the Stevenson Creek
Estuary Restoration, since 1999. This objective of the Stevenson Creek Estuary Project was to dredge
and remove polluted material from Stevenson Creek to improve the health of the waterway which feeds
into Clearwater Harbor. The project was completed in 2014.
The construction phase of the project began in August of 2009, but encountered major delays due to
performance issues with the first and second firms selected to dredge the creek and remove polluted
material. These issues resulted in the termination of these previously awarded contracts and increased
project costs to the point that the Corps’ Federal expenditures reached their authorized $5,000,000 cost
limit.
The original estimated project cost was $7 million, with the City’s share expected to be $2.45 million, or
35 percent of the total cost. The final project costs are roughly $10.5 million, with the City asked to pay
nearly $5.5 million, or about 52 percent of the total cost due to the $5 million cap on Federal expenditures
in place for Section 206 projects at the time of the Project Partnership Agreement execution in 2008.
The City has worked with Congress and the Corps for the past several months to gain an exception to the
WRRDA guidance related to the CAP authorization limit. However, the Corps to date has not provided
the City with any relief from the cost overruns.
RECOMMENDED POSITION: Support continued Corps participation in the Stevenson Creek Estuary
Restoration Project in the City of Clearwater. Support efforts by the City to gain an exception to the CAP
206 authorization limit.
FEDERAL ISSUE: Clearwater Pass Maintenance Dredging
BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: As a Federal navigation
channel, the Army Corps of Engineers is supposed to be 100 percent responsible for the cost of
maintenance dredging of Clearwater Pass. The Pass requires maintenance dredging about every 5 years
due to shoaling, which cuts off an important navigation channel for local commercial fishermen, charter
boats, and other recreational vessels. However, due to budget constraints, this only occurs about every 10
years.
Clearwater Pass was last dredged and fully paid for by the Corps in 2001. The Pass was again dredged in
2012, but the City of Clearwater paid the entire $750,000 cost of the project, as it was uncertain when the
Corps may have funding available to complete the dredging. Eventually, the Corps did reimburse the
City 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
Clearwater Beach.
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
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 (FY) 2014 provided $40 million in
additional funding to the Corps for “Small, Remote, or Subsistence Navigation” operations and
maintenance (O&M) activities. In FY 2015, Congress provided a small increase in funding at $42.5
million. This is the funding from which the Clearwater Pass must compete in the future to maintain the
channel.
RECOMMENDED POSITION: Support adequate annual funding for the Corps of Engineers Operations
& Maintenance account, including additional funding for dredging not identified in the annual
Administration budget. Support additional funding specifically provided for “Small, Remote, or
Subsistence Navigation” dredging activities.
FEDERAL ISSUE: Tax-Exempt Bonds
BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: Although municipal
bonds have been tax-exempt for almost 100 years, a number of recent Federal proposals target this
exemption, often as part of debate related to comprehensive tax reform. 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-exempt bonds and increase borrowing costs for state and local
governments, ultimately leading to higher taxes or reduced services.
It is estimated that the difference in the rate of earnings the City and other local governments would need
to offer prospective buyers of their taxable bonds would depend on the market, but typically would range
from 1.5 to 2 percent more for those offerings. On $1 million borrowed, this would likely cost $20,000
more in interest per year. Taking this further, if the City were to amortize a $100 million loan over 30
years at taxable bond rates 2 percent higher than if the bonds were tax-exempt, the additional cost to
taxpayers over the 30 years could be roughly $30 million. Should the City make significant investments
in future municipal facilities or infrastructure, a change to the tax exemption on municipal bonds could
add significant costs over the life of the project.
With the onset of the 114th Congress, Rep. Paul Ryan (R-WI) has assumed the chairmanship of the
House Ways and Means Committee. During his tenure as the Chairman of the House Budget Committee
in prior Congresses, Rep. Ryan proposed budgets that affected the tax exemption status of municipal
bonds by either eliminating or limiting the exemption, which would cut the subsidy for municipal bonds.
Should the House attempt comprehensive tax reform during the 114th Congress, most believe Rep.
Ryan’s proposal would put the tax exemption on municipal bonds at risk.
In the Senate, Ron Wyden (D-OR) sponsored legislation with Dan Coats (R-IN) during the 112th
Congress that proposed replacing tax-exempt bonds with taxable bonds and a tax credit. Although
Senator Wyden did not reintroduce the same legislation during the 113th Congress, he continued to
discuss the need for comprehensive tax reform when he became the Chair of the Senate Finance
Committee in 2014. Republicans now control the Senate in the 114th Congress, however, which means
Senator Wyden has become the Ranking Member and Senator Orrin Hatch (R-UT) has assumed the
chairmanship. Like Senator Wyden, Senator Hatch has voiced his support for comprehensive tax reform.
However, his position on the tax exemption for municipal bonds is unclear.
As in previous years, the Administration proposed a 28 percent limit on all itemized deductions for high-
income individuals in its Fiscal Year (FY) 2016 budget. If accepted by Congress, this would apply to all
new and outstanding municipal bonds. According to a study conducted by the National Association of
Counties, if this 28 percent cap had been in place over the past decade, borrowing costs to state and local
governments would have increased by over $173 billion, while a full repeal would cost nearly $500
billion over the same time period. The U.S. Conference of Mayors has come out against this provision, as
well as any proposal that would eliminate the deduction for personal state and local income, property and
sales taxes, on the basis that these deductions have contributed to the stability of reliable and flexible tax
revenues.
In 2013, 140 members of Congress, including 12 members of the Florida delegation, signed letters to
congressional leadership asking that the current tax exemption for municipal bonds remain in place.
RECOMMENDED POSITION: Oppose legislation that would threaten the tax exemption on state and
local bonds, including a 28 percent cap on tax-exempt municipal bonds.
FEDERAL ISSUE: Remote Sales-Tax Legislation
BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: With some limited
exceptions, retailers only 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, due to complex reporting requirements, consumers do not report those purchases when completing
their tax returns. As a result, local retailers can be at a competitive disadvantage because they must
collect sales taxes while out-of-state retailers, including many large online and catalog retailers, often
offer their customers a discount by collecting no state or local sales taxes.
Therefore, the current sales tax system is perceived as being unfair to brick-and-mortar retailers that
employ local residents, including local stores as well as national chains. This lost revenue is also a drain
on local government resources. In 2013, uncollected sales tax was estimated to have cost local
governments $26.1 billion nationwide. Legislation to correct this inequity has the support of local, state,
and national business groups, such as the National Governors Association, the National Conference of
State Legislators, the Council of State Governments, the National Association of Counties, the U.S.
Chamber of Commerce, the Florida Chamber of Commerce, Associated Industries of Florida, Florida
TaxWatch, Florida Retail Federation, and Amazon.com, among others.
To create a level playing field, Congress introduced the Marketplace Fairness Act in both the House and
Senate in the 113th Congress. The bill would create two systems from which states can choose to
facilitate the process of collecting these taxes. The first is the already-established Streamlined Sales and
Use Tax Agreement, which would simplify state and local sales and use tax laws. Twenty-four states
have signed this agreement. The second alternative would allow for states to meet minimum
requirements for their state tax laws and administration thereof. To protect small, online retailers, this
legislation exempts sellers who make less than $1,000,000 in total remote sales from the requirement to
collect the tax.
In 2013, the Senate passed the Marketplace Fairness Act with bipartisan support, with Senator Nelson
voting for the measure and Senator Rubio against it. In the House, companion legislation was not
considered, although it had 67 cosponsors, including Florida Representatives Deutch, Crenshaw, Ross,
Wilson, and Diaz-Balart.
In the 114th Congress, House Judiciary Chairman Bob Goodlatte (R-VA) and Rep. Anna Eshoo (D-CA)
circulated a discussion draft of remote sales tax legislation as an alternative to the Marketplace Fairness
Act. Under the draft, only states that join a multi-state clearinghouse would have the authority to collect
sales tax revenue on out-of-state purchases, and retailers would charge sales tax based on their own state
and local rules. The clearinghouse would then divide the sales tax revenue among member states.
Although passage of remote sales tax legislation remains an uphill battle during the 114th Congress, the
Goodlatte/Eshoo discussion draft could serve as a good starting point for a deal on the issue.
Meanwhile, the rise of Alibaba, the online Chinese retailer that has been compared to a combination of
Amazon, eBay and PayPal, could perhaps sway opinions of those opposed to such legislation. Last year,
Alibaba accounted for $248 billion in online sales and has emerged as a serious competitor to American
online retailers, with none of their revenue remaining in the U.S., nor taxed.
RECOMMENDED POSITION: Support legislation that requires companies making catalog and internet
sales to collect and remit the associated taxes.
FEDERAL ISSUE: Transient Occupancy Taxes
BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: In the 111th Congress,
there were discussions of attempts 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 were to pay $60 for a room in 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).
In late 2009, 17 Florida counties, including Pinellas, filed an action against a number of online travel
companies alleging that the companies have failed to collect and/or pay taxes under the respective tourist
development tax ordinances. During 2012, there were several Florida State Circuit Court cases that ruled
in favor of the online travel brokers. Two cases, including the 17 county case, cited that Florida law is
not clear on the issue, while a Circuit Court Judge ruled more directly in July that the online travel broker
only owes local tourist taxes on the discounted rates they paid for the rooms. In May 2013, the Florida
First District Court of Appeals upheld the circuit court’s ruling while urging the Florida Supreme Court to
make a final ruling on this matter. Finally, in September 2013, the Florida Supreme Court agreed to hear
the case, which is still pending.
Meanwhile, in 2012, the District of Columbia government won a suit where a judge ruled that online
travel firms should repay back taxes on the full retail price of hotel rooms they sold to consumers in the
years after the D.C. City Council passed legislation mandating they do so. In February of 2014, a
conditional settlement was reached in this case with six online travel firms. Although they have a right to
appeal the D.C Superior Court decision, they agreed to pay $60.9 million in back taxes to the D.C.
government. Between 1998 and 2010, the amount owed in the lawsuit was estimated to be over $200
million.
By 2015, local governments had reportedly filed 88 lawsuits against Expedia and others for tax
underpayment. The company won dismissal in 23 cases while 35 remain active. The remainder of the
cases have been settled, put on hold, referred to administrative proceedings, or otherwise resolved. A
2011 estimate by the Center for Budget and Policy Priorities suggests that state and local governments
lose as much as $396 million a year due to such remittance practices by online hotel purveyors.
These examples demonstrate how courts across the country have ruled differently on this issue over the
past few years, which has led online travel purveyors to continue to seek Federal legislation that would
codify their goal of not remitting taxes on the price of the hotel room paid by the consumer. Earlier in
2012, several of these online discount travel brokers (including Expedia, Orbitz, and Priceline) organized
and registered to lobby under a new organization called the “Interactive Travel Services Association,”
whose purpose is to advocate on several issues, including “taxes and fees related to travel.”
In May 2013, Expedia and other online hotel room purveyors attempted to amend the Marketplace
Fairness Act to achieve their transient occupancy tax objectives. Ultimately, this effort was unsuccessful
and the bill was passed out of the Senate without this language.
In 2014, Pinellas County collected a record $35 million in transient occupancy taxes, which are used to
support the tourism industry in our region. In addition, officials with the Clearwater Marine 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. The importance of this project to the City of
Clearwater, as well as this level of funding, underscores the significance of this revenue source and the
need to ensure it is not constrained by detrimental legislation.
RECOMMENDED POSITION: Oppose legislation that would exempt online travel brokers from paying
taxes on the full room rate paid by the consumer, thereby costing Pinellas County the opportunity to
collect appropriate Transient Occupancy Taxes from visitors to the region.
FEDERAL ISSUE: Transportation Authorization
BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: After several years of
short-term authorizations, Congress passed and the President signed the Moving Ahead for Progress in
the 21st Century Act (MAP-21) on July 6, 2012. MAP-21 funded Federal surface transportation
programs at roughly the levels of the previous authorization ($48 billion) through September 30, 2014.
The law also eliminated, consolidated, 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.
One of those changes was 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 Transportation Alternatives Program (TAP). Under this consolidated program, funding for
these activities was reduced by approximately $300 million annually from former levels of funding. Fifty
percent of Florida’s $49.9 million annual TAP allocation for Fiscal Years 2014 and 2015 will be sub-
allocated 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 available
to the City of Clearwater will go through the Pinellas County Metropolitan Planning Organization (MPO).
Prior to the expiration of MAP-21 in September 2014, Congress passed a short-term reauthorization of
Federal highway programs based on MAP-21 levels that is set to expire in May of 2015. Congress will
now need to re-address transportation funding this year amid debates related to sequestration and the debt
ceiling.
In developing MAP-21 and the current authorization, 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 transportation, do not provide a solid long-term foundation for generally
desired transportation funding growth, even if Congress were to 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, and ultimately the City of Clearwater, to support both surface transportation and
transit projects and programs.
In January 2015, Senator Rand Paul (R-KY) and Senator Barbara Boxer (D-CA) announced plans to
introduce legislation to transfer a portion of repatriated income from foreign subsidiaries of U.S.
corporations into the Highway Trust Fund to help address its insolvency issues. Congress is also
expected to consider a long-term reauthorization of our nation’s surface transportation programs during
the 114th Congress.
Meanwhile, legislation was introduced in the 113th Congress that would have allowed states to raise the
maximum weight limit for trucks on Interstates from 80,000 pounds to 97,000 (H.R. 612). This is nearly
identical to legislation previously introduced that was overwhelmingly opposed by law enforcement, first
responders, local elected officials, and engineers in prior Congresses. There is concern that such
provisions allowing heavier trucks could be included in the next transportation authorization legislation.
RECOMMENDED POSITION: Monitor proposed changes to Federal highway and transit programs.
Monitor efforts to enhance Federal transportation revenue streams. Oppose efforts that would allow
heavier trucks on Interstates. Support any and all opportunities to secure funding for the City of
Clearwater’s priorities via this legislation or other means.
FEDERAL ISSUE: Alternative Fuel Tax Incentives
BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: An older Transportation
authorization bill, known as SAFETEA-LU, provided a tax incentive for natural gas when used as a motor
vehicle fuel. The $0.50 per gallon equivalent incentive, which is provided to businesses, individuals, and
tax-exempt entities that sell the fuel, essentially serves as a rebate.
In the fall of 2011, the City of Clearwater opened the first public natural gas filling station in the Tampa
Bay area, and takes advantage of this tax incentive with every gallon of gas sold. In 2014, the rebate
provided $80,310 to the City for 160,620 gallons, and is expected to grow significantly over the next
several years.
The $0.50 incentive originally expired at the end of Fiscal Year 2009, and has been extended four times,
most recently as part of a broad “tax extenders” package passed in December 2014. However, Congress
was unable to come to an agreement on a long-term extension and settled for a one-year retroactive patch
to the end of 2014. Unfortunately, these tax provisions have once again expired, needing to be
retroactively renewed again.
The primary hurdle faced by advocates of extending these tax credits is the cost, which is estimated to be
around $50 billion annually. In the 114th Congress, the House has thus far again focused on extending
select tax provisions rather than a blanket extension for all expired tax credits. The Senate, however, has
not indicated an interest in considering these stand-alone bills, preferring to focus on Senate Finance
Committee Chairman Orrin Hatch’s (R-UT) efforts to achieve comprehensive tax reform.
RECOMMENDED POSITION: Support the extension of a $0.50 per gallon equivalent tax incentive for
natural gas when used as a motor fuel.
FEDERAL ISSUE: 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. The Byrne Justice Assistance Grant (JAG)
is an example of this.
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 & Emergency
Response Grants (SAFER), and purchase equipment through the Assistance to Firefighters Grant (AFG).
There is also another category of grants that are distributed to specific recipients based on certain criteria,
such as the Urban Area Security Initiative (UASI), which provides funds to eligible regions to help
communities prepare for, prevent, respond to and recover from potential attacks and other hazards.
The City of Clearwater benefits from both direct and indirect annual allocations from several of these
Federal programs, while other programs offer competitive grant opportunities from which the City has
traditionally sought funds.
After years of steady decreases, the FY 2014 omnibus appropriations bill provided slight funding
increases for the COPS, JAG, AFG, and SAFER programs. The COPS hiring program received $180
million in FY 2014, and the JAG program received $376 million, while both the AFG and SAFER fire-
related grants each received $340 million. UASI received level funding at $600 million.
For FY 2015, the Administration proposed an increase for the COPS hiring program to $274 million,
level funding for the JAG program, and a $5 million reduction in funding to $335 million for both the
AFG and SAFER programs. As in recent previous budgets, the Administration recommended lumping
several DHS grants, including UASI, into one "National Preparedness Grant Program."
In the FY 2015 omnibus appropriations bill, Congress provided level funding for both the COPS and JAG
programs at $180 million and $376 million, respectively. In a separate bill, Congress provided $340
million each for AFG and SAFER, and $600 million for UASI for FY 2015.
In the Administration’s FY 2016 budget, an increase from $180 million to $249.5 million is proposed for
the COPS program, while an increase from $376 million to $388 million is proposed for the JAG
program. Meanwhile, the Administration proposed placing all FEMA state and local grant programs into
one account to be called the "National Preparedness Grant Program” to be funded at $2.2 billion for FY
2016. To date, however, Congress has chosen to fund the SAFER, AFG, and UASI programs
individually, and will likely continue to do so.
RECOMMENDED POSITION: Support at least level funding from FY 2015 for a wide variety of
Department of Justice and Department of Homeland Security grants, e.g., Community Oriented Policing
Services, Byrne Justice Assistance Grants, Assistance to Firefighters Grants, Staffing for Adequate Fire
and Emergency Response Grants, and the Urban Area Security Initiative. Support any City of
Clearwater applications for these funds.
FEDERAL ISSUE: The Corporation for National and Community Service – AmeriCorps’ State and
National Grant Program
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, a
network of national service programs that provide intensive community service opportunities throughout
the United States to meet critical needs in education, public safety, health, and the environment. Due to
the success of the program, and underscoring its bipartisan support, President George W. Bush signed the
Strengthen AmeriCorps Program Act, which authorized nearly double the number of AmeriCorps
members in all categories.
For the past 20 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
Florida. The Clearwater Police Department’s program offers a two-year public safety program to local
college students, 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
participating in day-to-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 20 police officers in permanent positions and
promoted 4 to supervisor positions.
However, the program has also evolved from solely introducing persons to government service, to a
larger focus on supporting non-profits, disaster preparedness, and education. Additional examples of the
events that the AmeriCorps program coordinates and supports are: Free Dental Clinic Day, Martin Luther
King Jr. Parade, car seat fittings, fire safety, helmet giveaways, Thanksgiving food giveaways, and many
more events and services. Should this program be lost, the costs to support these events would place a
large burden on the local non-profits. The City would subsequently suffer from a reduction in events that
promote safety awareness and support the less fortunate, placing a larger demand on the City’s police
force and government resources.
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,
and Education Appropriations bill, which included a 74 percent funding reduction for CNCS programs
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. In FY
2013, this program saw an $18.1 million reduction in funding to $326 million post-sequestration, but saw
some of its funding restored in the FY 2014 omnibus appropriations bill to $335.4 million. Funding for
FY 2015 remained level at $335.4 million. In its FY 2016 budget request, the Administration also
suggested $335.4 million in funding for the AmeriCorps’ State and National Grant Program.
RECOMMENDED POSITION: Support continued annual funding for grant programs within the
Corporation for National and Community Service, particularly for the AmeriCorps State and National
grant program.
FEDERAL ISSUE: Department of Housing and Urban Development Formula Programs (CDBG &
HOME)
BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: The City of Clearwater
receives direct allocations of funding from two Department of Housing and Urban Development (HUD)
formula programs: the HOME Investment Partnerships (HOME) and Community Development Block
Grants (CDBG).
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. 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
loans, loan guarantees or other forms of credit enhancement, as well as 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 program provides annual grants on a
formula basis to units of local government and states, including the City of Clearwater.
Since Fiscal Year (FY) 2010, nationwide funding for the HOME and CDBG programs has been cut by 48
percent and 25 percent, respectively, with varying changes to individual recipients. In the FY 2014
omnibus appropriations bill the HOME program received a small increase from $948 million to $1
billion, while the CDBG program was provided $3.03 billion, which was $48 million less than the FY
2013 levels. In FY 2014, the City received $299,956 in HOME funding and $726,298 in CDBG funds.
For FY 2015, the Administration proposed in its budget a reduction for both the HOME and CDBG
programs to $950 million and $2.8 billion, respectively. In the end, Congress provided $900 million for
HOME and $3 billion for CDBG in the FY 2015 omnibus, a $100 million and $30 million respective
reduction from FY 2014. This resulted in an FY 2015 HOME allocation of $265,110 and CDBG
allocation of $681,257 to the City of Clearwater.
In its FY 2016 budget, the Administration proposed an increase in HOME funding to $1.06 billion, while
maintaining its proposed level of funding from its FY 2015 budget at $2.8 billion for the CDBG program.
RECOMMENDED POSITION: Support adequate funding for future fiscal years for both the
Community Development Block Grant and the HOME Investment Partnerships programs because of their
critical role in the City’s overall efforts to support those that are least fortunate.
FEDERAL ISSUE: 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
“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 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 eligible for the former of the two. 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 may have a need to obtain additional
cleanup funding for various sites. Unfortunately, the current limitation of $200,000 of Federal funding
per project is extremely restrictive, as many site cleanups exceed $1 million. To facilitate site
remediation and reuse, the funding maximum should be increased to allow for necessary resources to
remediate orphan brownfield sites.
Clearwater’s Brownfields Area (CBA) covers 1,842 acres and includes over 250 regulatory listed sites in
over 7,000 properties. 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
over the past 30 years. Private disinvestment combined with environmental decline has left an indelible
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 a
Historically Underutilized Business Zone (HUBZone) by the U.S. Small Business Administration.
The City of Clearwater has 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
environmental issues that need to be addressed. Clearwater has identified more than 125 additional
contaminated sites in the CBA that may require environmental assessment. The City will need Federal
funding for these and previously assessed sites to complete reuse planning and cleanup.
In January of 2013, the City applied for an FY 2014 EPA Brownfields Assessment Grant in the amount of
$400,000 ($200,000 each to assess potential hazardous substances and petroleum or petroleum product
impacted properties within the CBA).
In FY 2013, the Section 104(k) competitive grant program received level funding from FY 2012, at $94
million, before sequestration. In the FY 2014 omnibus appropriations bill, it received $90 million, which
restored some of the cuts due to sequestration. In the FY 2015 omnibus appropriations bill, Congress
reduced funding for the Section 104(k) competitive grant program to $80 million. In its FY 2016 budget
request, the Administration proposed an increase in funding to $110 million.
In the 113th Congress, before he passed away, Senator Frank Lautenberg (NJ) introduced S. 491, the
Brownfields Utilization, Investment, and Local Development (BUILD) Act to reauthorize the brownfields
program through 2015. The bill would maintain the current authorization level of $250 million per year,
increase the $200,000 funding limit per project to $500,000, while giving EPA the discretion to raise the
limit to $650,000 if necessary, and provide for the creation of multipurpose grants, allowing local
governments to obtain up to $950,000 to do site inventory, assessments, planning, or remediation for one
or more brownfields sites. In the House, Rep. Louise Slaughter (D-NY) introduced companion legislation
under the same name. With the passing of Senator Lautenberg, the BUILD Act will be in need of a new
champion to reintroduce it during the 114th Congress.
RECOMMENDED POSITION: Support continued adequate annual funding for the Environmental
Protection Agency’s brownfields program, including at least $90 million for the Section 104(k)
competitive grant program. Support legislation to reauthorize the Environmental Protection Agency’s
brownfields program. Support any City of Clearwater applications for brownfields funding assistance.
FEDERAL ISSUE: Supportive Housing for the Elderly and for Persons with Disabilities - Department of
Housing and Urban Development’s Section 202 and 811 Programs
BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: The Housing and Urban
Development (HUD) 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
serves very low-income elderly persons for 40 years.
The Section 202 program also provides project rental assistance funds to cover the difference between the
HUD-approved operating cost for the project and the tenants' contribution towards rent. Project rental
assistance contracts are approved initially for three 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
Section 811 program provided 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 has
moved toward providing funding for rental assistance. These funds go to state housing agencies that have
entered into partnerships with state health and human services and Medicaid agencies, and are distributed
to multifamily housing complexes that provide a range of services for the disabled.
In Pinellas County, the non-profit Boley Centers, Inc. receives HUD Section 202 and 811 funding to
distribute to several housing complexes throughout the County, including the Jerry Howe Transitional
Apartments in Clearwater, which provides housing for disabled veterans.
In the FY 2014 omnibus appropriations bill, the Supportive Housing for the Elderly program experienced
an 8 percent increase to $384 million, while the Supportive Housing for Persons with Disabilities
program suffered a 19 percent decrease to $126 million. For FY 2015, the Administration’s budget
proposed an increase in funding for the Section 202 and 811 programs at $440 million and $160 million,
respectively. Congress, however, appropriated $420 million for Section 202 and $135 for Section 811.
The Administration again requested an increase to these programs in its FY 2016 budget request by
recommending $455 million for Section 202 and $177 million for Section 811.
RECOMMENDED POSITION: Support continued adequate annual Federal funding for 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).
FEDERAL ISSUE: Homeless Assistance Competitive Grants – Continuum of Care Program
BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: In 1987, Congress passed
the McKinney-Vento Homeless Assistance Act, as a response to the increase in homelessness 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. The McKinney-Vento
Act has been amended many times, most recently in 2009, when President Obama signed the Homeless
Emergency Assistance and Rapid Transition to Housing (HEARTH) Act, which updated and expanded
the definition of homelessness and made changes to existing programs under McKinney-Vento. Under
the HEARTH Act, three previously separate HUD homeless assistance programs, the Supportive Housing
Program (SHP), Shelter Plus Care program (S+C), and Single Room Occupancy (SRO) program, were
grouped under the single umbrella Continuum of Care (CoC) program.
The CoC program provides competitive grant funding to local governments and non-profits, and requires
communities seeking funds 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
building a system to address them. The approach is predicated on the understanding that homelessness is
not caused merely by a lack of shelter, but involves a variety of underlying, unmet needs, including
physical, economic, and social.
Under the CoC program, the SHP 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 to help the
homeless achieve residential stability, and foster independence through programs that increase 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 opportunities for homeless individuals. This has been
accomplished through compensating owners of eligible SRO residences, for a period of 10 years, for
improvements made to kitchen and bathroom facilities in eligible SRO residences, and providing rental
assistance for the residents that occupy those units.
Under the HEARTH Act, HUD also added 12 new eligible activities for funding under the single CoC
program, which include 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 location; assistance
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. Another new
HUD requirement is that established CoC’s rank their projects for funding into two categories: Tier I new
or renewal projects, which are most likely to receive funding, and Tier II new or renewal projects, whose
funding is dependent on the resources still available and the strength of the CoC’s application.
The Homeless Leadership Board (HLB) is the CoC for Pinellas County, and is responsible for the annual
HUD CoC Program Combined Application on behalf of its member agencies.
The CoC competitive grants are funded in the Homeless Assistance Grants account for HUD, and in
Fiscal Year (FY) 2013, the program received $1.93 billion due to an anomaly, or an exception, in the
Continuing Resolution sparing it from deeper sequestration cuts. In FY 2014, Congress funded Homeless
Assistance Grants at $2.105 billion in the omnibus appropriations bill, of which over $3.9 million was
awarded to HLB. The Administration, in its FY 2015 budget request, proposed an increase to $2.4 billion
for these grants. However, Congress ultimately provided $2.135 billion in the FY 2015 omnibus
appropriations bill. For its FY 2016 budget request, the Administration again proposed an increase to
$2.4 billion for CoC grants.
RECOMMENDED POSITION: Support continued adequate annual funding for Department of Housing
and Urban Development Homeless Assistance Grants, particularly for the Continuum of Care Program.
FEDERAL ISSUE: Economic Development Administration
BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: The Economic
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 identified information technology and software as one of its industry clusters
with the highest growth potential. The City has been working to develop a coordinated approach to meet
the needs of pre-venture, start up, and small-to-medium sized business enterprises. Using the resources
and capabilities of local and regional partners, including public, private and non-profit organizations, the
initiative envisions the delivery of programs, services, and facilities to help foster and grow this
promising industry in Clearwater. Should this prove to be a successful endeavor, it may be possible for
the City to work with the EDA to fund a co-location space, and transition the City’s program to a “bricks
and mortar” center that allows all partners the opportunity to meet with clients in a centralized location.
The President’s Deficit Commission, as well as more recent Congressional proposals, have proposed the
elimination of EDA, as its mission is seen as duplicative by some. In June 2012, the Senate failed to pass
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 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
operate through the annual appropriations process if provided sufficient funding by Congress.
The FY 2014 omnibus appropriations bill provided an increase in funding for the EDA from $220.6
million in FY 2013 to $246.5 million. The Administration had proposed a small increase in funding the
EDA in its FY 2015 budget to just over $248 million, but Congress went even further by providing a $3.5
million increase for the EDA to $250 million for FY 2015. In its FY 2016 budget request, the
Administration proposed a further increase in funding to $273 million.
RECOMMENDED POSITION: Support continued funding of the Economic Development
Administration. Support City of Clearwater grant applications through EDA programs.
FEDERAL ISSUE: Excise Tax on High-Cost Health Insurance Plans
BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: The Patient Protection and
Affordable Care Act (PPACA), often referred to simply as the Affordable Care Act (ACA) or
“Obamacare,” was passed by Congress and signed into law in 2010. The primary goal of the ACA was to
increase the quality and affordability of health insurance, as well as lower the uninsured rate by
expanding public and private insurance coverage. The law includes a number of mechanisms, including
individual and employer mandates, insurance exchanges, minimum standards of care, and new taxes/fees
to accomplish these goals and reduce the cost of health care.
One such mechanism is the excise tax on high-cost health insurance plans, often referred to as the
“Cadillac tax.” Under the ACA, a Cadillac health plan is defined as a plan with annual premiums
exceeding $10,200 for individuals or $27,500 for families. Beginning in 2018, a 40 percent excise tax
will be assessed on any dollar amount paid in premiums exceeding the aforementioned values, which,
after 2018, will adjust to inflation annually. For example, a $12,000 individual plan in 2018 would pay
an excise tax of $720 per covered employee (12,000 - 10,200 = 1,800 x 40% = 720). However, the rate of
growth in healthcare costs often outpaces the rate of inflation, meaning employers are likely to pay
significantly more each year. The tax, which is estimated to generate $80 billion over the next ten years,
is an offset to pay for the ACA.
Cadillac plans were targeted for taxation due to the idea that these benefit-rich plans (i.e. low, if any,
deductible, little cost-sharing by patients, wider provider networks, greater available health services, etc.)
often insulate workers from the high cost of their health care, thereby encouraging the overuse of care.
Excessive, and sometimes unnecessary, tests and hospital visits have been shown to raise the cost of U.S.
health care overall. Therefore, the tax was designed to discourage employers from choosing these types
of plans.
The Cadillac tax, however, is often hitting public sector employers and workers the hardest. Those who
work in the public sector have long-understood that strong health-care benefits are often granted in lieu of
higher pay. However, many employers must now choose whether to cut employees’ health plans so they
fall below the Cadillac threshold, pass the tax onto the workers, or pay the tax themselves and make
difficult budget cuts elsewhere. Many large employers, both public and private, have already begun
laying the groundwork to avoid the 40 percent surcharge by passing more costs down to employees.
Originally envisioned as a tool to reduce healthcare costs, the tax in practice looks increasingly like an
increase in out-of-pocket costs for workers.
The excise tax was originally slated to begin in 2013. However, due to strong concerns expressed by
labor groups and others, the ACA was amended by Congress to delay the tax until 2018. Opponents of
the tax hope this delay will allow for greater time to further amend the provision. While no bills related
to the Cadillac tax have been introduced in the 114th Congress thus far, the new congressional leadership
has already shown a willingness to alter controversial portions of the ACA, and the Cadillac tax may be
addressed sometime in the future.
RECOMMENDED POSITION: Support efforts to repeal the excise tax on high-cost health insurance
plans (a.k.a. the Cadillac tax) within the Affordable Care Act.
FEDERAL ISSUE: Offshore Energy Exploration
BACKGROUND; HOW IT MAY AFFECT THE CITY OF CLEARWATER: Active energy 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 (GOMESA).
State waters in the Gulf of Mexico extend 10.5 miles from shore. The Federal government controls
waters beyond that point.
For many years, the Federal government has developed five-year Outer Continental Shelf (OCS) Oil and
Gas Leasing programs to guide energy exploration activities in Federal waters. The most recent plan,
developed for 2012-2017, did not propose to lease any areas in the Atlantic OCS for oil and gas drilling.
However, the Administration’s plan did indicate that it would allow seismic analyses to determine energy
resource potential in areas of the Atlantic OCS from Delaware to parts of Florida (approximately north of
Brevard County).
In 2014, the Department of Interior’s (DOI) Bureau of Ocean Energy Management (BOEM) finalized a
Programmatic Environmental Impact Statement (PEIS) on seismic air-gun testing for offshore oil and gas
exploration in the Atlantic Ocean, which opens the door for the first new oil and gas surveys in three
decades. Specifically, the plan allows for the deployment of high-volume air-guns in Federal waters to
pinpoint the depth and size of oil and gas deposits. While it is viewed by many to include stringent
regulations to mitigate against the effects these air guns may have on wildlife, some argue that the testing
will still have devastating impacts on the affected areas.
Seismic testing could begin in 2015. Should the analysis of the seismic surveys be completed in time for
potential inclusion in the next DOI OCS Oil and Gas Leasing Program for 2017-2022, some believe that
drilling could take place in areas identified as having resource potential as early as 2020. Senator Nelson
and 10 other members of the Florida delegation sent a letter to President Obama expressing their
disapproval of the decision, citing the effects seismic testing could have on Florida’s wildlife and
fisheries.
Meanwhile, active energy drilling 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 (GOMESA). GOMESA does not prevent seismic testing in the eastern Gulf though, and
there is nothing that would prohibit such testing from being included in the next five-year OCS Oil and
Gas Leasing Program, nor prohibit any future Administration from allowing such testing as well.
Finally, in 2014 BOEM began the process of preparing a new five-year OCS Oil and Gas Leasing
Program for 2017-2022. The plan does not schedule any lease sales off the coast of Florida, which should
keep the entire Florida coastline free from energy extraction activities through at least 2022. However,
with the recent political changes in Congress, new technologies creating new resource opportunities, and
a seemingly endless need for fossil fuels, it is still possible that exploration and/or drilling activities could
occur in all three locations after 2022.
RECOMMENDED POSITION: Monitor the potential expansion of offshore energy exploration in
Florida’s Federal waters.
FEDERAL ISSUE: 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 access to
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
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-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
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 state grant program: $144 million.
However, this has trended downward over the past decade. The FY 2014 and 2015 omnibus
appropriations bills both provided $306 million for land acquisition, which included essentially level
funding from FY 2013 for the formula state conservation grant program at just over $45 million.
However, in FY 2014, Congress also included an additional $3 million for a competitive state
conservation grant program that would focus on projects that would acquire lands and waters for outdoor
recreation purposes, as well as develop new or renovate existing outdoor recreation facilities. Congress
funded this competitive program again in FY 2015 at the same amount. In its FY 2016 budget request,
the Administration recommended $48.1 million for the competitive state grant program.
In addition to yearly funding challenges, the current authorization for the LWCF is set to expire at the end
of 2015. In 2013, former Senator Max Baucus (D-MT) introduced S. 338, the Land and Water
Conservation Authorization and Funding Act, which would do the following: 1) Amend the Land and
Water Conservation Fund Act of 1965 to make permanent the LWCF’s authorization; 2) Make revenue
into the LWCF available for expenditure to carry out the purposes of the Act without further
appropriation; and 3) Require that not less than 1.5 percent of the annual authorized funding amount to be
made available for projects that secure recreational public access to existing federal public land for
hunting, fishing, and other recreational purposes. This bill had 43 cosponsors (39D, 2R, 2I), including
Senator Barbara Boxer.
Meanwhile, in the 114th Congress, Senator Burr and others have tried to pass legislation to simply extend
the authorization of the LWCF, allowing it to continue to collect revenue. However, to date, those efforts
have failed due primarily to concerns over lack of support for the effort in the House.
RECOMMENDED POSITION: Support a $900 million annual appropriation from the Land and Water
Conservation Fund, including at least $100 million for the state grant program. Support legislation
reauthorizing the Land and Water Conservation Fund.
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ID#15-1198
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: Council Discussion
Item
In Control: Council Work Session
Agenda Number: 13.1
SUBJECT/RECOMMENDATION:
Kim Seyer Cypress Shopping Center Wayfinding Request - Councilmember Hock-DiPolito
SUMMARY:
APPROPRIATION CODE AND AMOUNT:
USE OF RESERVE FUNDS:
Page 1 City of Clearwater Printed on 4/9/2015
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ID#15-1184
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: Presentation(s) for
Council Meeting
In Control: Council Work Session
Agenda Number: 17.1
SUBJECT/RECOMMENDATION:
Mayors Challenge Presentation - Jeffrey Rhoads
SUMMARY:
APPROPRIATION CODE AND AMOUNT:
USE OF RESERVE FUNDS:
Page 1 City of Clearwater Printed on 4/9/2015
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ID#15-1142
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: Presentation(s) for
Council Meeting
In Control: Council Work Session
Agenda Number: 17.2
SUBJECT/RECOMMENDATION:
Civitan Awareness Month Proclamation
SUMMARY:
APPROPRIATION CODE AND AMOUNT:
USE OF RESERVE FUNDS:
Page 1 City of Clearwater Printed on 4/9/2015
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ID#15-1143
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: Presentation(s) for
Council Meeting
In Control: Council Work Session
Agenda Number: 17.3
SUBJECT/RECOMMENDATION:
Uncorked Presentation to Council
SUMMARY:
APPROPRIATION CODE AND AMOUNT:
USE OF RESERVE FUNDS:
Page 1 City of Clearwater Printed on 4/9/2015
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ID#15-1170
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: Presentation(s) for
Council Meeting
In Control: Council Work Session
Agenda Number: 17.4
SUBJECT/RECOMMENDATION:
Arbor Day Proclamation
SUMMARY:
APPROPRIATION CODE AND AMOUNT:
USE OF RESERVE FUNDS:
Page 1 City of Clearwater Printed on 4/9/2015
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ID#15-1171
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: Presentation(s) for
Council Meeting
In Control: Council Work Session
Agenda Number: 17.5
SUBJECT/RECOMMENDATION:
Drinking Water Week Proclamation, May 3-9, 2015
SUMMARY:
APPROPRIATION CODE AND AMOUNT:
USE OF RESERVE FUNDS:
Page 1 City of Clearwater Printed on 4/9/2015
Cover Memo
City of Clearwater City Hall
112 S. Osceola Avenue
Clearwater, FL 33756
File Number: ID#15-1172
Agenda Date: 4/13/2015 Status: Agenda ReadyVersion: 1
File Type: Presentation(s) for
Council Meeting
In Control: Council Work Session
Agenda Number: 17.6
SUBJECT/RECOMMENDATION:
Marine Advisory Board Presentation
SUMMARY:
APPROPRIATION CODE AND AMOUNT:
USE OF RESERVE FUNDS:
Page 1 City of Clearwater Printed on 4/9/2015