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09/18/2017 - Budget CLEARWATER DOWNTOWN DEVELOPMENT BOARD SECOND AND FINAL MILLAGE AND BUDGET HEARING September 18, 2017– 5:30 PM – City Hall –2nd Floor, Room 222 Members Present: Paris Morfopoulos Chairman Dennis Bosi Vice-Chairman Tony Starova Member Stu Sjouwerman Member Also Present: Bill Jonson Ex-Officio/Councilmember Seth Taylor CRA Director Anne Fogarty France Board Administrator Absent: Thomas Wright Member 1. Chairman Morfopoulos called the meeting to order at 5:30 p.m. asking the board and Ex-Officio members to introduce themselves. 2. Citizens Comments--Items not on the agenda—CRA Director Seth Taylor announced that Tampa Bay Business Journal reported on the top 100 fastest growing Florida companies and Downtown Clearwater's KnowBe4 was #5 and Stratus Video was #6. He congratulated Member Sjouwerman on this exciting recognition. 3. Second Public Millage Hearing—Resolution 02-17. In accordance with Chapter 200 of the Florida Statutes, which defines requirements for the Determination of Millage and the rules governing Truth in Millage (TRIM) compliance, the DDB must hold two public hearings to adopt a final millage rate for the new fiscal year. The adoption of this resolution to establish the millage rate and the related budget resolution are an integral part of fulfilling these requirements. The DDB set a tentative millage rate of 0.9700 mil on August 2, 2017, which is the rate that appeared on the TRIM bill notices mailed to taxpayers in August. Resolution 02-17 is presented in order to adopt the millage rate of 0.9700 mils to support the operating budget for the 2017/18 fiscal year. Member Sjouwerman read the resolution into the record. Member Sjouwerman moved to adopt Millage Resolution 02-17 on second and final reading. The motion was duly seconded and upon roll call, the vote was: "Ayes": Member Morfopoulos, Member Bosi, Member Starova, and Member Sjouwerman. "Nays": None. Motion carried. 4. Second Public Budget Hearing—Resolution 03-17— Chairman Morfopoulos advised that In accordance with Chapter 200 of the Florida Statutes and the rules governing Truth in Millage (TRIM) compliance, the DDB must hold two public hearings to adopt the budget. The adoption of this resolution adopting the 2017/18 millage rate and budget are an integral part of fulfilling these requirements. On June 7, 2017, the DDB approved a Preliminary Budget that outlined proposed estimates of revenues and expenditures for the 2017/18 fiscal year. The preliminary Downtown Development Board Meeting—September 18, 2017 1 budget was also discussed at the August 2, 2017, DDB meeting. Member Starova read the resolution into the record. Member Bosi moved to adopt Budget Resolution 03-17 on second and final reading. The motion was duly seconded and upon roll call, the vote was: "Ayes": Member Morfopoulos, Member Bosi, Member Starova, and Member Sjouwerman. "Nays": None. Motion carried. 5. Final Comments Member Starova hoped that everyone was okay after the storm. He thanked the Church of Scientology for all they did to help Downtown Clearwater weather the storm. Member Sjouwerman was interested in a post mortem after Hurricane Irma. He thought there should be a plan for office buildings to assist them in such emergency situations. He also thanked the city for their pressure on Duke Energy for the office buildings. Chairman Morfopoulos echoed the thanks to the Church of Scientology for their assistance. Ex-officio Councilmember Jonson advised that he had called Lisa Mansell of the Church of Scientology to thank her. Mr. Taylor advised that they will be better prepared for next year. 6. The meeting was adjourned at 5:47 p.m. Downtown Development Board Meeting—September 18, 2017 2