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09/10/2018 CLEARWATER DOWNTOWN DEVELOPMENT BOARD SECOND AND FINAL MILLAGE AND BUDGET HEARING September 10, 2018 – 5:30 PM – City Hall Council Chambers Members Present: Paris Morfopoulos Chairman Stu Sjouwerman Vice-Chairman Thomas Wright Member Ray Cassano Member Lina Teixeira Member Venkat "Vincent" Devineni Member Caitlein Jammo Member Also Present: Hoyt Hamilton Ex-Officio/Councilmember Amanda Thompson CRA Director Anne Fogarty France Board Administrator Absent: Caitlein Jammo 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—There were none. 3. Second Public Millage Hearing—Resolution 02-18. 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 mill on August 1, 2018, which is the rate that appeared on the TRIM bill notices mailed to taxpayers in August. Resolution 02-18 was presented to adopt the millage rate of 0.9700 mills to support the operating budget for the 2018/19 fiscal year. Resolution 02-18 was presented and read by title only. Member Wright moved to approve Resolution 02-18. The motion was duly seconded and upon roll call, the vote was: Ayes: Chairman Morfopoulos, Member Teixeira, Member Cassano, Member Sjouwerman, Member Wright and Member Devineni. Nays: None. Motion carried. Downtown Development Board Meeting—September 10, 2018 1 4. Second Public Budget Hearing—Resolution 03-18 Chairman Morfopoulos advised that as previously stated, the DDB must adhere to the Florida Statutes and the rules governing TRIM compliance. On June 6, 2018, the DDB approved a Preliminary Budget that outlined proposed estimates of revenues and expenditures for the 2018/19 fiscal year. The budget was also approved at the August 1, 2018 DDB meeting. Resolution 03-18 was presented and read by title only. Member Wright moved to approve Resolution 03-18. The motion was duly seconded and upon roll call, the vote was: Ayes: Chairman Morfopoulos, Member Cassano, Member Teixeira, Member Sjouwerman, Member Wright and Member Devineni. Nays: None. Motion carried. 5. Final Comments – There were no final comments 6. The meeting was adjourned at 5:34 p.m. Downtown Development Board Meeting—September 10, 2018 2