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01/16/2007 CITY COUNCIL SPECIAL MEETING MINUTES CITY OF CLEARWATER January 16, 2007 Present: Frank Hibbard Mayor Carlen Petersen Vice-Mayor William C. Jonson Councilmember John Doran Councilmember J.B. Johnson Councilmember Also present: William B. Horne II City Manager Garry Brumback Assistant City Manager Rod Irwin Assistant City Manager Pamela K. Akin City Attorney Cynthia E. Goudeau City Clerk Rosemarie Call Management Analyst The Mayor called the meeting to order at 8:00 a.m. at City Hall. To provide continuity for research, items are in agenda order although not necessarily discussed in that order. 4 – Other Council Action 4.1 Approve the City Manager recommended rental rates for the downtown boat slips beginning in 2009 at $15.50/foot/month and $2/foot/day and the proposed method for awarding these slips by blind lottery with priority given to City of Clearwater residents The City of Clearwater has experienced a loss of wetslips and drystacks due to private redevelopment. The Pinellas County Boating Access Task Force documented a loss of 341 wetslips and 960 drystack racks in Pinellas County from 1996 to 2005. The City Marina waiting list has been capped and demand for boat slips continues to grow. The Downtown Plan contemplates and encourages boat slips, docks and promenades on the waterfront, and provision for such facilities is consistent with said Plan as well as the City of Clearwater's Comprehensive Plan. Pursuant to direction from the City Council, a feasibility study was conducted and the results were presented at the July 18, 2006 Council meeting. A referendum election is planned for March 13, 2007, to amend the Charter to allow for the building and maintenance of such amenities. Major assumptions used in the feasibility study include: 1) Although the City has applied for approximately $1.2 million in grants, these grants have not been awarded, so the City has assumed that no grants are received; 2) The Downtown Development Board contributes $50,000/year for 10 years. They have already agreed to this contribution; 3) The Community Redevelopment Agency contributes $500,000; 4) Bonds are issued to fund the balance needed to construct the boat slips. The borrowing would be for 20 years, with one year of capitalized interest and no principal in the first year (year of construction), and level debt service for the remaining 19 years. The interest rate assumed is 1% above the current rate; 5) Anticipated costs were obtained from City Marina staff based upon experiences with the existing Marina. Council Special 2007-01-16 1 2006 costs for personnel were increased at 4.2%/year, and other operating and maintenance costs were increase at 3%/year. Repair and maintenance costs were increased once the bonds are retired (year 20) to provide for renewal and replacement of the facility; 6) The cost of constructing the boat slips is $11 million which was obtained from three separate sources for 2006 costs and inflated up to 2008 construction costs at 7% per year. The construction estimates include a 15% contingency; and 7) Based upon these assumptions, the project will operate at a profit. In addition to setting the proposed rates, staff proposes setting a process for allocating these slips. Staff proposes awarding the slips by blind lottery with priority given to City of Clearwater residents. The current website has an online form where individuals can register their interest in a boat slip. At the point in time when the referendum has passed, and the construction contract has been awarded, the City will contact all parties who have registered their interest as well as advertise to the public that applications will be accepted. Once the time period for applications has expired, it is proposed that a blind lottery be used, with first priority given to residents of the City of Clearwater. Staff will be bringing forward more specific rules for conducting the lottery and allocating slips in the future. Public Communications Director Doug Matthews reviewed presentation and renderings to be used in the public information campaign. Assistant City Manager Rod Irwin reviewed the rationale behind proposed rates. The City worked with ATM (Advanced Technology Management) to project slip rental rates for permanent and transient slips. A TM recommends retaining the rate until the City is certain it has saturation. It was stated that the proposed cash flow is attainable and the project will enhance activities at the downtown waterfront every day of the year. In response to questions, Marine & Aviation Director Bill Morris said the City will begin taking reservations for transient vessels. The EAB (Environment Advisory Board) unanimously supported the project. Finance Director Margie Simmons said net income can be appropriated for any purpose. Repairs and maintenance are included in the operating cost. There will be no charge for day visitors, unless they dock at transient slips. Council member Jonson moved to approve the City Manager re"commended rental rates for the downtown boat slips beginning in 2009 at $15.50/fooVmonth and $2/fooVday. The motion was duly seconded and carried unanimously. Councilmember Doran moved to approve the proposed method for awarding these slips by blind lottery with priority given to City of Clearwater residents. The motion was duly seconded and carried unanimously. 6 - Adjourn - The meeting adjourned at 8:28 a.m. 5~F~ Mayor City of Clearwater Council Special 2007-01-16 2