
RESEARCH DIVISION
FINANCE COMMITTEE MINUTES
NOVEMBER 19, 2007
2:00 P.M.
CITY COUNCIL CHAMBER
1st floor, City Hall
117 W. Duval Street
Attendance: Chairman
Shad, Committee Members Hyde, Graham, Clark, Jabour and Joost
Excused:
Council Member Lee
The meeting was called to
order at 2:00 p.m.
At the beginning of the
meeting, City Director of Administration and Finance Mickey Miller made a brief
presentation and asked the Committee’s approval of 4 additional firms - Income
Research and Management, Federated Investors, Western Asset Management, and
Payden & Rygel - as “specialty risk managers” to invest limited portions of
the City’s portfolio in higher-risk investments for increased return potential After a brief discussion the committee deferred the matter until the next
meeting to give members a chance to ask questions of the administration and
review the specialty risk investment parameters.
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Item/File No. |
Title/History |
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1. 2005-1007 |
ORD
Concerning Benefits Pertaining to Gen Employees Pension Plan, Chapt 120, Part
II & Create New SubSec (J) in Sec 120.206 Providing that an Active Mbr
who has completed 20 Yrs or more Credited Svc, regardless of age, may elect
to retire & receive mbr's normal retiremt benefit, which shall be
determined by multiplying 2% of Mbr's number of yrs & months of credited
svc, up to a max of 80%, by mbrs' final monthly compensation provided Mbr's
retiremt commences bet 1/1/06-6/30/06. (Dunham) (Jax Gen Employees Bd of
Pension Trustees) (75 Letters of Support on File & 3 Ltrs of Opposition) Public
Hearing Pursuant to Chapt 166, F.S. & CR 3.601- 9/13/05 |
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1.
8/23/2005 CO Introduced: F |
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9/6/2005 F Read 2nd & Rerefer |
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2.
9/13/2005 CO PH Read 2nd & Rereferred; F |
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10/3/2005 F Sub/Rerefer 5-0 |
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3.
10/11/2005 CO SUBSTITUTE/ Rerefer; F |
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6/19/2006 F Amend/Approve 3-2 (Failed) |
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8/14/2006 F Amend/Approve 2-3 (Failed) |
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DEFER |
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2. 2006-591 |
ORD
Apv the Soutel/Moncrief Retail Redev Area in accordance with Chapt 163, Pt
III, Community Redev Act of 1969, F.S., as Amended; Making Findings &
Determinations; Estab a Redev Trust Fund Pursuant to Sec 163.387 of said act;
Directing Tax Collector to estab 2005 Tax Assessmt as the Base for the
Increment as Required by Sec 163.387, F.S. (Germany) (Req of Mayor & C/M
Jones) F
Public Hearing - 7/17/06 ECID
Public Hearing - 7/18/06 Public
Hearing Pursuant to Chapt 166 & 163.358 F.S. & CR 3.601 - 5/23/06,
7/24/06 |
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1.
5/9/2006 CO Introduced: F,ECID |
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5/15/2006 F Read 2nd & Rerefer |
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5/16/2006 RCD Read 2nd & Rerefer |
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2.
5/23/2006 CO PH Read 2nd & Rereferred; F, ECID |
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6/5/2006 F Amend/Approve 7-0 |
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6/6/2006 RCD Amend/Approve 5-0 |
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3.
6/13/2006 CO POSTPONED 6/27/06 |
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6/27/2006 CO Rereferred; F,ECID (RCD
7/1/07) |
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DEFER |
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3. 2006-883 |
ORD
Auth Lease Agreemt with Property Management Support, Inc for Tax Collector
Office Space at 9680 Argyle Forest Blvd (5,000 Sq Ft at Oakleaf Crossing
Center). (Dist 11-Holt) (Howard) (Req of Mayor) Public
Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 8/22/06 |
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1.
8/8/2006 CO Introduced: F,TEUS |
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8/14/2006 F Read 2nd & Rerefer |
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8/15/2006 TEU Read 2nd & Rerefer |
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2.
8/22/2006 CO PH Read 2nd & Rereferred; F,TEUS (TEU 7/1/07) |
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DEFER |
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4. 2006-1364 |
ORD
Amend Sec 120.206(h), Ord Code, to Change Commencemt Date of COLA from April
to January. (Dunham) (Req of Bd of Pension Trustees, Gen Employees) Public
Hearing Pursuant to Chapt 166, F.S.
& CR 3.601 - 12/12/06 |
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1.
11/28/2006 CO Introduced: F |
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12/4/2006 F Amend/Read 2nd & Rerefer
4-0 |
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2.
12/12/2006 CO PH AMENDED/Read 2nd & Rereferred; F |
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DEFER |
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5. 2006-1394 |
ORD
Amend Chapt 751 (Septic Tank Superfund), Ord Code, to Create an On-Site
Sewage Treatmt Disposal Syst Regulatory Prog. (Teal) (Req of Mayor) Public
Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 1/9/07 |
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1.
12/12/2006 CO Introduced: F,TEUS, ECID
(1-9-07) |
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1/2/2007 F Read 2nd & Rerefer |
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1/3/2007 TEU Read 2nd & Rerefer |
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2.
1/9/2007 CO PH Read 2nd & Rereferred; F, TEUS (TEU 7/1/07), ECID (RCD
7/1/07) |
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DEFER |
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6. 2007-105 |
ORD
Renaming & Amend Chapt 118 (Misc Approp), Renaming Chapt to be
"Public Service Appropriations" & Largely Amend Same to Create
Public Srvcs Grant Council with Public Srvc Grant Aprvl Auth & Prov for
City Council to Approve Lump Sum Approptn for Public Srvc Grants; Estab
Public Srvc Grant Criteria; Amend Sec 118.301 (Expenditure of Appropriated
Funds), Sec 118.604 (Allocation by Cultural Council; Generally) Ord Code.
(Rohan) (C/M Hyde) Public
Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 2/13/07 |
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1.
1/23/2007 CO Introduced: F |
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2/5/2007 F Read 2nd & Rerefer |
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2.
2/13/2007 CO PH Read 2nd & Rereferred; F |
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11/5/2007 F Sub/Rerefer 5-0 |
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3.
11/13/2007 CO SUBSTITUTE/ Rerefer; F |
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Council
Member Hyde distributed copies of a proposed substitute that would establish
a Public Service Grant Council to review and recommend funding of grant
applications based on funding of programs for priority populations
established by City Council each year, and would establish limits on the
amount of funding and the number of years an applicant could receive public
service grants. SUBSTITUTE APPROVED AND
RECOMMENDED FOR REREFERAL TO FINANCE 5-0 |
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7. 2007-183 |
ORD
Amend Sec 120.102 (General Employees & Corrections Officers Pension
Plans), to Add New Member to Bd of Trustees for COJ Retiremt System; Redefine
Selection Process for Citizens Trustees; Increase Number of Members for
Corrections Officers' Plan Advisory Comm; Define Selection of Chairperson of
Bd of Trustees. ( Public
Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 2/27/07 |
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1.
2/13/2007 CO Introduced: R,F,A |
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2/20/2007 A Read 2nd & Rerefer; 2/20/2007 F Read 2nd & Rerefer; 2/20/2007 R Read 2nd & Rerefer |
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2.
2/27/2007 CO PH Read 2nd & Rereferred; R, F, A (Eliminated 7/1/07) |
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3/19/2007 R Sub/Approve 6-0 |
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DEFER |
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8. 2007-329 |
ORD
Regarding Ethics; Amend Chapt 102 (Auditing Regulations) Sec 102.103
(Reporting Violations of Code of Ethics), Amend Chapt 350 (Elections &
Elections Regulations), Ord Code; Rename Chapt as Elections, Elections
Regulations and Campaigning; Move Campaign Ethics Provisions from Chapt 602
(Ethics Code) to Chapt 350; Amend Chapt 602 with Substantial Revisions, Increased
Regulation of City Officers & Employees re Gifts, Moonlighting &
Secondary Employmt & Post City Employmt; Amend Disclosure Provisions;
Auth a City "Hotline"; Provide for Investigations Conducted by
Ethics Comm. (Rohan) (Req of Ethics Comm) Public
Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 4/10/07 |
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1.
3/27/2007 CO Introduced: R,F,A |
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4/2/2007 A Read 2nd & Rerefer; 4/2/2007 F Read 2nd & Rerefer; 4/2/2007 R Read 2nd & Rerefer |
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2.
4/10/2007 CO PH Read 2nd & Rereferred; R,F,A (Eliminated 7/1/07) |
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11/5/2007 R Sub/Approve 4-0 (Jnt F
& R Mtg 11-7-07); 11/5/2007 F
Sub/Approve 4-0 (Jnt F & R Mtg
11-7-07) |
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3.
11/13/2007 CO SUBSTITUTE/ Rerefer; F |
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Motion: Council Member Jabour moved to amend
to provide that council members may not accept anything, including food and
beverages, from a registered lobbyist – fails Council
Member Joost cautioned against the unintended consequences of a “zero
tolerance” policy. Council Member Hyde
asked the Ethics Commission to comment on the proposed $25 limit on accepting
food and beverages. Carla Miller and
Katie Dearing stated that $25 was not the “gold standard” of a perfect world
(that would be $0), but was a good compromise that would allow council members
to attend events and partake in a continental breakfast or occasional modest
lunch or dinner with a civic group or labor union without running afoul of a
zero tolerance standard. Motion (Hyde): amend to provide that any food or beverage
valued under $25 should not be counted toward the $250 cumulative gift amount
that is allowed per year – approved The
committee discussed the issue of registered vs. unregistered lobbyists, and
the difficulty of knowing when one has received a gift from a principal who
has hired a lobbyist; Mr. Rohan stated that it is incumbent, albeit
uncomfortable, for council members to ask the hard questions about whom a
gift is from before accepting anything. Adam
Hollingsworth raised the issue of post-City employment and the difficulty the
bill poses, as currently written, to recruiting good employees who may find
themselves practically unemployable in Motion - Floor Amendment:
AMENDMENT APPROVED RECOMMEND APPROVAL AS TWICE
AMENDED 6-0 |
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9. 2007-401 |
ORD
re BJP Courthouse Proj; Apv $52,500,000 in Multi-Year Funding from Spec Rev
Bonds & Approp Legally Available Non-Ad Valorem Revenues Under City
Covenant Prog for Constrn of Unified Courthouse; Amend Ord 2006-789-E (CIP)
to Auth Priority 1 Status for all Components of "Duval County Courthouse
Facilities Project"; Estab Max Cost for Proj of $316,000,000; Estab Proj
Description; Auth Mayor to Secure Consultants & Design & Constrn
Professionals; Continuing Courthouse Architectural Review Committee estab in
Ord 2004-1339-E; Repealing Portions; Declaring Monroe St Shall Remain Open.
(Rohan) (Req of Mayor) Public
Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 4/24/07 |
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1.
4/10/2007 CO Introduced: F,TEUS |
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4/16/2007 F Sub/Read 2nd & Rerefer
7-0 |
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4/17/2007 TEU Sub/Read 2nd & Rerefer
5-0 |
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2.
4/24/2007 CO PH SUBSTITUTED/Read 2nd & Rereferred; F, TEUS (TEU 7/1/07) |
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DEFER |
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10. 2007-924 |
RESO
Auth Issuance by Jax Housing Finance Authority of its Multifamily Housing Rev
Bonds (Bennett Creek Apts), Series 2007, of $33,000,000 for Acquisition,
Constrn & Equipping of Multifamily Rental Housing Dev. (Chastain) (Req of
Jax Housing Finance Auth) Public
Hearing Pursuant to Sec 147(f), Internal Rev Code, by JHFA - 7/23/07 |
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1.
8/28/2007 CO Introduced: F,RCD |
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9/4/2007 F Read 2nd & Rerefer |
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9/5/2007 RCD Read 2nd & Rerefer |
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2.
9/11/2007 CO Read 2nd & Rereferred; F,RCD |
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AMEND to include language that the bonds
will be private placement bonds RECOMMEND APPROVAL AS AMENDED 6-0 |
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11. 2007-1005 |
ORD
Creating Chapt 113 (Gifts to City) Establishing Method & Means of City to
Accept Donations of $500,000 or more, Other Monetary Donations, Gifts of
Personal Propty & Gifts to the Executive & Legislative Branches of
Govt of Tickets & Admissions to Events & Travel. (Rohan) (C/M Lee) Public
Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 10/9/07 |
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1.
9/25/2007 CO Introduced: R,F |
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10/1/2007 F Read 2nd & Rerefer; 10/1/2007 R Read 2nd & Rerefer |
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2.
10/9/2007 CO PH Read 2nd & Rereferred; R,F |
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R: defer DEFER |
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12. 2007-1094 |
ORD
Apv Pymt of $3,077,519 as Settlemt of Dispute with IKON Office Solutions, Inc
re Library System over Pymt for Printing & Copying Svcs & Equipmt;
Apv Purchase of Listed Equipmt; Auth Waiver of Chapt 126 (Procuremt Code),
Ord Code. (Rohan) (Req of Mayor) Public
Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 10/23/07 |
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1.
10/9/2007 CO Introduced: R,F,RCD |
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10/15/2007 F Amend/Read 2nd & Rerefer
5-0; 10/15/2007 R Amend/Read 2nd
& Rerefer 5-0 |
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10/16/2007 RCD Amend/Read 2nd &
Rerefer 5-0 |
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2.
10/23/2007 CO PH AMENDED/Read 2nd & Rereferred; R, F. RCD |
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R: defer DEFER |
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13. 2007-1110 |
RESO
Apv Issuance by Jax Housing Finance Auth of its Homeowner Mtg Rev Bonds of
$40,000,000 to Purchase Mtg Loans Originated by Participating Local Lending
Institutions for Purchase or Rehab of Single Family Residences or Purchasing
Securities Evidencing Interests in such Mtg Loans; Auth Appl for Private
Activity Bond Volume Cap; Require Addnl Council Apv Prior to Sale of Bonds.
(Chastain) (Req of JHFA) Public
Hearing Pursuant to Sec 147(f), Internal Rev Code held by JHFA - 10/10/07 |
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1.
10/23/2007 CO Introduced: F,RCD |
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11/5/2007 F Read 2nd & Rerefer |
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11/6/2007 RCD Read 2nd & Rerefer |
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2.
11/13/2007 CO Read 2nd & Rereferred; F,RCD |
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RECOMMEND APPROVAL 6-0 |
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14. 2007-1111 |
ORD
Auth a Traffic Control Agreemt with Drayton Park Homeowners Assn, Inc,
Pursuant to Sec 316.006, F.S. (Dist 4-Redman) (Sidman) (C/M Redman) Public
Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 11/13/07 |
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1.
10/23/2007 CO Introduced: F,PHS |
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11/5/2007 PHS Read 2nd &
Rerefer; 11/5/2007 F Read 2nd &
Rerefer |
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2.
11/13/2007 CO PH Read 2nd & Rereferred; F,PHS |
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RECOMMEND APPROVAL 6-0 |
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15. 2007-1112 |
ORD
Amend Sec 120.314(a), Ord Code, to Change Required Yrs of Credited Svc to
Participate in DROP Prog, Pursuant to Article 33 (Retiremt Plan) of
Collective Bargaining Agreemt with FOP Lodge 5-30 (Corrections Officers
Bargaining Unit), Auth by Ord 2006-236-E; Provide for Implementation on
12/1/07. ( Public
Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 11/13/07 |
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1.
10/23/2007 CO Introduced: F |
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11/5/2007 F Amend/Read 2nd & Rerefer
5-0 |
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2.
11/13/2007 CO PH AMENDED/Read 2nd & Rereferred; F |
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RECOMMEND APPROVAL 5-0 |
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16. 2007-1113 |
ORD
Approp $99,370.74 from Fire Station #41 CIP Funds (Completed Proj) to Fire
Station #4 to meet Architectural Compatibility Requiremts in Conjunction with
Improvemt Constrn Plans, Pursuant to Downtown Review Bd Actions; Amend Ord
2007-814-E (CIP) to Reflect Changes in Funding of said Projs. (BT 08-17) (McCain)
(Req of Mayor) Public
Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 11/13/07 |
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1.
10/23/2007 CO Introduced: F,PHS |
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11/5/2007 PHS Read 2nd &
Rerefer; 11/5/2007 F Read 2nd &
Rerefer |
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2.
11/13/2007 CO PH Read 2nd & Rereferred; F,PHS |
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AMEND to attach revised CIP schedules RECOMMEND APPROVAL AS AMENDED 5-0 |
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17. 2007-1119 |
ORD
Auth Execution of a Utility Easemt to Manuel A Delasnueces to Obtain JEA Svc
to his Propty on Public
Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 11/13/07 |
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1.
10/23/2007 CO Introduced: F,TEU |
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11/5/2007 F Read 2nd & Rerefer |
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11/6/2007 TEU Read 2nd & Rerefer |
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2.
11/13/2007 CO PH Read 2nd & Rereferred; F, TEU |
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DEFER |
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18. 2007-1132 |
ORD
Amend City Charter, Article 21 (JEA), Sec 21.07, Assessmt Calculation for
JEA's Annual Pymt to City; Amend Chapt 106 (Budget & Accounting Code),
Sec 106.202 (Calculation of Annual Assessmt by JEA), Ord Code, to Reflect
Changes in Charter Sec 21.07. (Rohan) (C/P Public
Hearing Pursuant to Chapt 166, F.S. & CR 3.601 - 11/13/07 |
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1.
10/23/2007 CO Introduced: R,F |
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11/5/2007 F Read 2nd & Rerefer; 11/5/2007 R Read 2nd & Rerefer |