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HomeMy WebLinkAboutMinutes_Workshop_11/4/2019Approved k MINUTES WORKSHOP MEETING VILLAGE OF TEQUESTA, FL IMMEDIATELY NOVEMBER 4, 2019 FOLLOWING VILLAGE HALL CONFERENCE SPECIAL ROOM MEETING CALL TO ORDER AND ROLL CALL The meeting was called to order by Mayor Abby Brennan at 7.50 p.m. A roll call was taken by Deputy Clerk Mary Ann Grieser. Present were: Mayor Brennan, Council Member Arena, Council Member Brandon, Vice -Mayor Johnson, and Council Member Stone. COMMUNICATIONS FROM CITIZENS Mr. Tom Bradford of 44 Chestnut Trail asked that Council build up the Village reserves and felt that 25% was a good benchmark. Mrs. Pat Watkins of 167 River Drive conveyed to Council her concerns of being able to afford a Recreation Center when there were many areas of the Village in need of immediate funding and attention. AGENDA ITEMS 1. Review of Annexation Regulations per Florida Statutes. Village Manager Jeremy Allen announced he and Mayor Brennan would be meeting County Commissioner Hal Valeche within the next week to further discuss annexation within the Village. 2. Discuss 5-year Capital Expenditures and Financing Plan Village Manager Jeremy Allen provided Council with a spreadsheet presentation on Capital Improvements, offering six (6) different scenarios. Council asked questions and discussed the different scenarios, which included various models of the proposed Recreation Center as well as scenarios without the new building. None of the figures included inflation variables but could be added. Council agreed to hold off on Page 1 of 2 OHM architectural work until a decision on a building size could be determined. Council Member Arena believed the numbers indicated the Village would be borrowing more than the Recreation Center would cost. Vice Mayor Johnson asked to see a detailed budget showing prioritized items within it. Council asked Manager Allen to please provide operating costs for the proposed Recreation Center, the parking agreement, a fund balance, which included the Recreation Center, worst -case scenario millage rate numbers with a property value decrease, and the current millage rate as compared to other Palm Beach County municipalities. They agreed to wait to decide on the size of the Recreation Center pending forthcoming Capital Improvement information. Additionally, Village Manager Jeremy Allen would look into a revenue bond. ADJOURNMENT MOTION: Council Member Brandon made a motion to adjourn the meeting at 9:08 PM; Council Member Stone seconded the motion. Carried unanimously 5-0. R�e/spectfully submitted, Lori McWilliams, MMC Village Clerk Note: These summary minutes are prepared in compliance with 286.011 F.S. and are not verbatim transcripts of the meeting. A verbatim audio record is available from the office of the Village Clerk. All referenced attachments are on file in the Village Clerk's office. Page 2 of 2