09-09-19 Regular City Commission MinutesMINUTES
Regular City Commission Meeting
Monday, September 9, 2019 - 6:30 PM
Commission Chamber
INVOCATION AND PLEDGE OF ALLEGIANCE
Reverend Melanie Baum from Community Presbyterian Church gave the invocation.
CALL TO ORDER:
Mayor Glasser called the meeting to order at 6:30 PM. City Clerk Bartle called the roll.
ROLL CALL:
Present: Ellen Glasser, Mayor - Seat 1
Cindy Anderson, Commissioner - Seat 2
Blythe Waters, Mayor Pro Tem / Commissioner - Seat 3
Candace Kelly, Commissioner - Seat 4
Brittany Norris, Commissioner - Seat 5
Also Present: Joe Gerrity, City Manager (CM)
Brenna Durden, City Attorney (CA)
Donna Bartle, City Clerk (CC)
Kevin Hogencamp, Deputy City Manager (DCM)
Lori Diaz, Records Clerk/Recording Secretary
1 APPROVAL OF MINUTES
1A. Approve Minutes of the August 19, 2019 Commission Workshop.
Mayor Glasser asked if there were any corrections or changes needed. There were no
corrections to the minutes.
ACTION: Minutes stand as submitted.
2 COURTESY OF FLOOR TO VISITORS
Chief Cook, COAB Police Department, took the floor to address the Commission for staff
recognition. Chief Cook congratulated Commander Vic Gualillo for being accepted into the FBI
National Academy. He is the first member of the COAB Police Department to achieve this
opportunity.
Chief Cook recognized Dr. Percy J. Golden, Sr., who is the Senior Pastor and Bishop of the Holy
Church of the Living God Revival Center. Chief Cook provided a history of Bishop Golden's
professional background with the Jacksonville Fire and Rescue Department where he served for
twenty six years. Dr. Golden has attended and completed the COAB volunteer training program
Regular City Commission
September 9, 2019
and Chief Cook has asked Bishop Golden to serve as the COAB Volunteer Police Chaplain.
Bishop Golden has accepted this request.
Bishop Golden expressed his appreciation to the Commission and to Chief Cook and is looking
forward to being of service to the COAB community.
PUBLIC COMMENT
Mayor Glasser explained the process for public comments and opened the Courtesy of the Floor
to Visitors. City Clerk Bartle stated there were no speaker cards submitted.
Mayor Glasser closed Courtesy of the Floor.
3 CITY MANAGER REPORTS
3A. City Manager's Report
CM Gerrity stated the City and Advanced Disposal are working together picking up storm
debris instead of activating the contract for storm debris pick-up.
Also noted by CM Gerrity, the City and Staff are no longer using the product Round -Up.
CM Gerrity recognized the Police Department, Utilities Department, Public Works
Department, and the Administration staff for all their hard work preparing for Hurricane
Dorian.
3B. Accept the 90 -Day Calendar (September through November, 2019
Mayor Glasser made a suggestion for holding a Town Hall meeting at Fleet Landing.
Commissioner Kelly stated there will be a Reception to honor the volunteers who serve
on the COAB Boards and Committees. This will be held on October 24, 2019 at the
Adele Grage Community Center.
ACTION: CONSENSUS to accept the 90 -Day Calendar.
4 REPORTS AND/OR REQUESTS FROM CITY COMMISSIONERS
Commissioner Waters
Spoke about the Jazz Festival, stating it was a huge success.
Commissioner Anderson
Reiterated the comments made by CM Gerrity about preparing for Hurricane Dorian.
Commissioner Kelly
Expressed her thanks to all for their work preparing for Hurricane Dorian.
Spoke about the successful Jazz Festival.
Regular City Commission
September 9, 2019
Commissioner Norris
Reiterated the comments made about preparing for Hurricane Dorian.
Mayor Glasser
Thanked the City Manager for enacting a policy to discontinue using Round -Up.
Stated there will be a workshop on September 16, 2019 about the ESC recommendations,
and other environmental issues.
5 UNFINISHED BUSINESS FROM PREVIOUS MEETINGS
None.
6 CONSENT AGENDA
None.
7 COMMITTEE REPORTS
None.
8 ACTION ON RESOLUTIONS
8A. RESOLUTION NO. 19-48
A RESOLUTION OF THE CITY OF ATLANTIC BEACH, FLORIDA,
AUTHORIZING THE EXECUTION OF A NORTH BEACHES PILOT
PARKING MANAGEMENT PROGRAM INTERLOCAL AGREEMENT;
AUTHORIZING THE MAYOR TO EXECUTE ANY CONTRACTS AND
PURCHASE ORDERS AS NECESSARY TO EFFECTUATE THE PROVISION
OF THIS RESOLUTION; AND PROVIDING AN EFFECTIVE DATE.
Mayor Glasser read the Resolution by title.
Principal Planner Amanda Askew addressed the Commission and provided a slide
presentation of the Staff Report which is part of the agenda. This is associated with a
previous Ordinance No. 75-19-21 that sets the framework for a pilot program for metered
parking in Beaches Town Center for COAB to be administered by RTA Consulting Inc.
Ms. Askew reviewed the draft Interlocal Agreement.
CA Durden stated that she and the Neptune Beach City Attorney, Zach Roth, worked
together on the creation of the Interlocal Agreement. Ms. Durden reviewed the
Termination Fee schedule detailed in Section 13 of the Interlocal Agreement.
Next CA Durden addressed proposed amendments as follows:
1. Under Management Policy Guidelines, sentence starting with `Priority', remove
the work 'key' from the sentence.
2. In the Resolution No. 19-48, Section 3: add a sentence at the end, 'The City
Manager shall present a report assessing the North Beach Pilot Parking
Management Program to the City Commission on July 1, 2021.'
A lengthy inquiry ensued about the Interlocal Agreement. Concerns were expressed that
it does not state it is for a Pilot Program with dates specified for starting and ending. It
Regular City Commission
September 9, 2019
does show that it is a five-year agreement with cost/fines for early termination. A
comment was made that this Agreement could be for the purpose of detailing the
responsibilities of how the two cities will legally relate to each other
CA Durden explained that an Interlocal Agreement is not meant to be descriptive in the
way that an Ordinance and/or a Resolution provides details, i.e. specific dates relating to
the pilot program, hours of operation, charges, etc. The City Manager is responsible for
reporting to the Commission about any issues pertaining to enforcement and/or
management of the program.
Questions and discussion continued about the Interlocal Agreement. The questions
pertained to obligations, cost sharing, termination costs, defining the pilot program with
specific start/end dates, hourly rates, hours of operation, defining peak seasons, and the
nine-year history of Beaches Town Center initiating and working with both cities for
paid parking in Beaches Town Center.
CA Durden stated all these items are addressed in accordance with the applicable
ordinance for each City, not the Interlocal Agreement which is very general. The
Ordinance lays the groundwork, and the Resolution is for the day-to-day functions.
There were questions raised and discussion ensued about a report titled `North Beaches
Pilot Parking Program Operating Expenses'. Commissioner Anderson submitted a copy,
which is attached hereto and made part of this Official Record as Attachment A.
Doug Gansen, North Beaches Parking Program Manager, addressed the Commission and
answered questions about the operating expenses, resident discounts, and handicap
parking. He stated there will be a website and handouts with information about resident
discounts/exemptions, registrations, hours of operation, enforcement, charges, etc.
CA Durden stated the provision in Ordinance No. 75-19-21, paragraph 21-44 (d), where
it states `persons who hold a valid disabled parking permit and display it properly in the
vehicle may park in any designated parking space for up to four (4) hours at no cost.'
The time is verified by license plate recognition (LPR) software.
CM Gerrity requested that Principal Planner Askew compile a one page document
outlining the parking program for citizen education. Mr. Gansen provided the website,
www.northbeachesparking.com, for Frequently Asked Questions (FAQ).
Mr. Gansen stated that Neptune Beach just passed/approved the Interlocal Agreement,
with no changes/amendments.
Mayor Glasser stated that if there are things remaining to be addressed this item could
be deferred. If our document does not match that of Neptune Beach it cannot move
forward.
Mark Rimmer addressed the Commission. Mr. Rimmer responded to questions about the
parking program data collection and reports — such as space turnover, number of repeat
Regular City Commission
September 9, 2019
visitors, and revenue, for example. Questions continued along with discussion about the
report titled `North Beaches Pilot Parking Program Operating Expenses'. Mr. Rimmer
explained that because this is a Pilot Program it will be reviewed with each City Manager
monthly, or more often if needed.
CM Gerrity inquired if the CONB will proceed if the COAB does not pass the Resolution
tonight. Mr. Rimmer responded the CONB will not proceed — it requires both cities to
sign the Interlocal Agreement.
Mayor Glasser reviewed the options are —
defer action until all issues raised have been addressed
or consider amendments before a motion
or a motion with consideration for subsidiary amendments, continuing discussion
MOTION: To deny adoption of Resolution No. 19-48.
Motion: Brittany Norris
Second: Cindy Anderson
A lengthy discussion ensued about the Interlocal Agreement (IA).
Commissioner Norris —
Stated she is not opposed to paid parking or entering into an IA with Neptune Beach, and
presented her concerns as follows:
Stated the current IA is for a five year agreement, with penalties, and not specific for a
Pilot Program.
Wants language and dates specific to an IA for a Pilot Program for Paid Parking only.
Upon completion and review, then consideration for entering into an IA for Paid Parking
can be made and processed.
Commissioner Waters —
Stated an IA is usually written for a minimum of five years, with an option for renewal. The goal
is to work out the kinks in the Pilot Parking Program. To keep moving forward, She suggested
amending the IA, or consider the IA with a Resolution containing language with detailed
specifics for the Pilot Program.
Commissioner Anderson —
Reiterated that she is not in favor of paid parking. She expressed her agreement with
Commissioner Norris' statements (above). She stated that there are still a lot of `unknowns' in
the IA, the Ordinance, and the Resolution. She stated that if she was in favor of paid parking,
she would not be happy about the penalties.
Commissioner Kelly —Stated the IA is more about detailing the responsibilities of how the two
cities will legally relate to each other than it is about parking. She expressed she agrees with it,
with the suggestion to provide a more specific outline of the considerations desired.
Regular City Commission
September 9, 2019
Mayor Glasser —
Stated an IA should not be very descriptive and expressed it may not be perfect and there is
some language that she does not like. An end date for the Pilot Program can be created in the
Resolution. The Ordinance states the City Manager is responsible to report to the Commission
on issues related to the management and enforcement of the program. Mayor Glasser stated she
wants to keep moving forward.
A lengthy discussion continued about information and/or language that is lacking in the IA
pertaining to obligations, cost sharing, and termination expenses. It was noted the IA needs to
be defined as a Pilot Program, with specific dates, and not subject to penalties.
Cindy Anderson (Moved By) For
Brittany Norris (Seconded By) For
Candace Kelly Against
Blythe Waters Against
Ellen Glasser Against
Motion (to deny) failed 2 to 3.
MOTION: To adopt of Resolution No. 19-48 with amendments as follows:
1. Page 1 of Attachment A, 3r1 paragraph, strike the word `key'.
2. Page 1 of Resolution No. 19-48, add sentence at end of Section 3, 'The City Manager
shall present a report assessing the North Beaches Pilot Parking Management Program
Pilot Program) to the City Commission in July 2021.'
3. The Pilot Program shall end no later than September 30, 2021.
Motion: Candace Kelly
Second: No Second
The Motion dies for lack of a second.
MOTION: To defer Resolution No. 19-48 as read, until the meeting of September 23, 2019, at
which time an amended Resolution will be presented outlining the specifics of the Pilot Program.
Motion: Blythe Waters
Second: Candace Kelly
Commissioner Waters —
Spoke about having more details describing the termination fees in the IA and suggested more
details about the Pilot Program in the IA — what hours/days/months.
Commissioner Kelly —
Spoke about having a simple document for distribution outlining the rules — hours, fees, etc.
Regular City Commission
September 9, 2019
Commissioner Norris —
Spoke about having all criteria for the Pilot Program listed and, based on data collected along
the way, state that it may be subject to change. Also there needs to be clarification in the IA
stating how both cities plan to operate the Pilot Program together for the dates only of the Pilot
Program. Ms. Norris also suggested policy for any revenue obtained during the Pilot Program
to be retained for use in the event the COAB wants to terminate the program. She stated she
would also like to see what criteria will be used to define the success of the Pilot Program.
Mayor Glasser —
Stated this is an opportunity to improve on the terms of the Pilot Program. She stated the
Commission needs to focus on the legislation and allow the City Manager and the Parking
Officer to focus on the administration of the program.
CA Durden requested and CC Bartle read back the motion.
CA Durden stated her understanding of the Motion is 'to defer until September 23, 2019, to
make minor adjustments to Resolution No. 19-48, and to bring forth a new Resolution that
describes the hours, fees, schedule, and other specifics regarding the items that are described in
the Ordinance that would be brought forth in the form of a Resolution.' She stated she did not
hear in the Motion any changes to the IA, other than removing the word 'key' in Attachment A.
of the Ordinance.
Commissioner Waters responded that the second (amended) Resolution would include the dates,
terms, and sunset for the Pilot Program. The IA will not change.
Candace Kelly (Seconded by) Against
Brittany Norris For
Blythe Waters (Moved by) For
Cindy Anderson Against
Ellen Glasser For
Motion carried with a vote of 3 to 2, to defer.
Mayor Glasser called for a recess at 8:56 PM. The meeting reconvened at 9:03 PM.
Mayor Glasser requested to take Item 8E out of sequence, before Item B.
MOTION: To take Item 8E out of sequence, before Item B.
Motion: Cindy Anderson
Second: Candace Kelly
Motion carried unanimously by voice vote.
Regular City Commission
September 9, 2019
8E. RESOLUTION NO. 19-52
A RESOLUTION OF THE CITY OF ATLANTIC BEACH AUTHORIZING THE
DUVAL COUNTY PROPERTY APPRAISER'S OFFICE TO PARTNER WITH
TAX MANAGEMENT ASSOCIATES, INC. (TMA) TO UNDERTAKE A
COMPREHENSIVE TANGIBLE PERSONAL PROPERTY TAX AUDIT;
AUTHORIZING THE CITY MANAGER TO EXECUTE ANY CONTRACTS
AND PURCHASE ORDERS AS NECESSARY TO EFFECTUATE THE
PROVISIONS OF THIS RESOLUTION; AND PROVIDIG AN EFFECTIVE
DATE.
Mayor Glasser read the Resolution by title.
Jerry Holland, Duval County Property Appraiser, addressed the Commission. As
detailed in the staff report from DCM Hogencamp which is part of the agenda, Mr.
Holland spoke about ensuring tangible personal property tax compliance via the audit
and how this will benefit the City of Atlantic Beach.
MOTION: To adopt Resolution No. 19-52 as read by title.
Motion: Blythe Waters
Second: Brittany Norris
Brittany Norris For
Blythe Waters For
Cindy Anderson Against
Candace Kelly For
Ellen Glasser For
Motion carried with a vote of 4 to 1.
8B. RESOLUTION NO. 19-49
A RESOLUTION OF THE CITY OF ATLANTIC BEACH APPROVING 2019-
2022 NORTHEAST FLORIDA PUBLIC EMPLOYEES' LOCAL 630 LIUNA,
AFL-CIO "BLUE COLLAR" CONTRACT, AND AUTHORIZE THE CITY
MANAGER TO EXECUTE THE CONTRACT.
Mayor Glasser read the Resolution by title.
CM Gerrity explained the Union has not yet ratified the contract as detailed in the staff
report which is part of the agenda. Mr. Gerrity stated this can either be deferred to the
next meeting, or take action to approve. He reviewed the changes are for the 3% wage
increase, and to provide safety boots for relevant union employees. CM Gerrity
recommended approval.
Regular City Commission
September 9, 2019
MOTION: To adopt Resolution No. 19-49 as read by title.
Motion: Cindy Anderson
Second: Candace Kelly
Motion carried unanimously by voice vote.
8C. RESOLUTION NO. 19-50
A RESOLUTION OF THE CITY OF ATLANTIC BEACH APPROVING A NEW
2019-2022 COASTAL FLORIDA POLICE BENEVOLENT ASSOCIATION
CONTRACT, AND AUTHORIZING THE CITY MANAGER TO EXECUTE
THE NEW CONTRACT.
Mayor Glasser read the Resolution by title.
CM Gerrity explained this is a 3 -year contract for the Police Department as detailed in
the staff report which is part of the agenda.
Chief Cook provided a description of some of the changes pertaining to holiday pay
calculations, a step plan for officers and sergeants, and shift differential calculations.
MOTION: To approve Resolution No. 19-50 as read.
Motion: Blythe Waters
Second: Candace Kelly
Motion carried unanimously by voice vote.
8D. RESOLUTION NO. 19-51
A RESOLUTION OF THE CITY OF ATLANTIC BEACH, FLORIDA,
AUTHORIZING A ONE-YEAR AGREEMENT CONTINUING THE
PROFESSIONAL SERVICES OF LANGTON ASSOCIATES, INC.;
AUTHORIZING THE CITY MANAGER TO EXECUTE ANY CONTRACTS
AND PURCHASE ORDERS AS NECESSARY TO EFFECTUATE THE
PROVISIONS OF THIS RESOLUTION; AND PROVIDING AN EFFECTIVE
DATE.
Mayor Glasser read the Resolution by title.
DCM Hogencamp addressed the Commission and reviewed the staff report which is part
of the agenda. As detailed, this is for the City's grant writing and related needs.
Representatives from Langton Associates, Inc. addressed the Commission and answered
questions.
Regular City Commission
September 9, 2019
MOTION: To approve Resolution No. 19-51 as read by title.
Motion: Cindy Anderson
Second: Brittany Norris
Motion carried unanimously by voice vote.
9 ACTION ON ORDINANCES
9A. PUBLIC HEARINGS AND FIRST READING ON ADOPTION OF A
TENTATIVE MILLAGE RATE AND ORDINANCE NO. 20-19-152,
ESTABLISHING THE OPERATING BUDGET FOR FISCAL YEAR 2019/2020.
Part 1. Adoption of a Tentative Millage Rate:
The Millage Rate is
The Tentative Millage Rate is
The Roll -Back Rate is
The Tentative Millage Rate is
3.2285
3.2285
3.0663
5.29% more than the Roll -Back Rate.
The purpose for adopting the millage rate of 3.2285 is to maintain a level of ad valorem
tax revenue sufficient to maintain adequate funding for the existing level of services at
anticipated and proposed cost and to continue to maintain the City's infrastructure.
MOTION: To adopt a Tentative Millage Rate for operating purposes of 3.2285.
Motion: Cindy Anderson
Second: Brittany Norris
Mayor Glasser opened the Public Hearing. There were no speakers and Mayor Glasser closed
the Public Hearing.
Motion carried unanimously by voice vote.
Part 2. Ordinance No. 20-19-152 establishing the Operating Budget for fiscal year
2019/2020 of $40,468,074.
AN ORDINANCE ADOPTING THE FINAL BUDGET FOR THE CITY OF ATLANTIC
BEACH, FLORIDA FOR FISCAL YEAR BEGINNING OCTOBER 1, 2019 AND
ENDING SEPTEMBER 30, 2020.
Mayor Glasser read the Ordinance by title.
MOTION: To adopt Ordinance No. 20-19-152 establishing the Operating Budget for fiscal
year 2019/2020.
Motion: Candace Kelly
Second: Brittany Norris
Regular City Commission
September 9, 2019
Mayor Glasser opened the Public Hearing. There were no speakers and Mayor Glasser closed
the Public Hearing.
Motion carried unanimously by voice vote.
9B. ORDINANCE NO. 90-19-244, Public Hearing
AN ORDINANCE OF THE CITY OF ATLANTIC BEACH, COUNTY OF
DUVAL, STATE OF FLORIDA, REZONING THOSE LANDS DESCRIBED IN
ATTACHED EXHIBIT A FROM RESIDENTIAL, SINGLE FAMILY (RS -2) TO
SPECIAL PLANNED AREA (SPA); PROVIDING FINDINGS OF FACT;
REQUIRING RECORDATION; AND PROVIDING AN EFFECTIVE DATE.
Mayor Glasser read the Ordinance by title.
CM Gerrity stated that the applicant has requested a deferral. He wants to revise his
application, which has been advertised for a Public Hearing at this meeting. CM Gerrity
recommended the Commission open the public hearing and continue it for October 28,
2019.
CA Durden explained the process and reasoning to the Commission.
Mayor Glasser opened the Public Hearing. There were no speakers.
MOTION: To continue the public hearing for Ordinance No. 90-19-244 for October 28, 2019.
Motion: Blythe Waters
Second: Brittany Norris
Motion carried unanimously by voice vote.
10 MISCELLANEOUS BUSINESS
10A. Discussion regarding Charter Officers' Evaluations
Commissioner Anderson had questions about the evaluation format. Mayor Glasser and the
Commissioners commented and answered questions.
11 CITY ATTORNEY/CITY CLERK REPORTS AND/OR REQUESTS
CA Durden
Spoke about the Jacksonville Symphony invitation and will send out the gift memo for
completion.
Stated she will find out if a public meeting can be held at Fleet Landing. There was a
suggestion about holding a Town Hall meeting there.
Regular City Commission
September 9, 2019
12 CLOSING COMMENTS BY THE COMMISSIONERS AND CITY MANAGER
Commissioner Waters
Spoke about mosquito spraying and the toxic properties and its impacts.
Commissioner Kelly
Spoke about electric scooters and being pro -active.
Spoke about IT Security and reports of cities being held hostage for their own computer
data.
CM Gerrity
Spoke about the successful flu shot clinic.
There is a meeting next Wednesday at 6:00 PM.
Spoke about the request for bid on the City's Insurance package — Workers Comp and
Liability. The original budget was for $581,000 and the bid came back at $510,000,
showing substantial savings.
Mayor Glasser
Spoke about Hurricane Dorian emergency preparation and meetings.
Spoke about `Appreciation Pizza Parties' scheduled on Wednesday for Public Works
and the Police/Fire Departments employees.
Spoke about Suicide Prevention Week.
ADJOURNMENT
There being no further discussion, Mayor Glasser declared the meeting adjourned at 10:10 PM.
Attest:
42 7v`Gt V L r'C
Donna L. Bartle, City Clerk Ellen Glasser, Mayor
Regular City Commission
September 9, 2019
ATTACHMENT A
September 9, 2019 Minutes
NORTH BEACHES PILOT PARKING PROGRAM OPERATING EXPENSES
Total Revenue Spaces - CONB/COAB 229 Total Revenue Spaces - BTC 229
CONE 165
Expenses (Projected Increases at 3% Yr after Yr 2) COAB 64
Payroll Rate Hrs/Week
Manager/Supervisor $50,000.00 20 hrs/wk enforcement $ 50,000
Bookkeeper/Admin $14,040.00 $18.00 15 $ 14,040
Enforcement (10 am - midnight) $70,980.00 $17.50 78 $ 70,980
Consulting/Data Analysis/Programminc $24,000.00 Contracted at Fixed Rate $ 24,000
Attendant/Maintenance Events $2,450.00 14 days, 10 hrs per $ 2,450
Contingency @ 5% Admin and Staffing) $ 5,574
Payroll Taxes @ 17.5% (Mgr and Bkkpr only) $ 10,887
Benefits @ 10% (Mgr and Bkkpr only) $ 6,404
Total Payroll Expense $ 184,334
Operating Expenses
Miscellaneous Ongoing Costs (sign replacement, paint, supplies, etc) $ 2,400
Telephone (Wireless for Kiosks, Attendant Cell Phones, Internet, Radios) $ 9,480
Golf Cart Maint (tires and general upkeep) $ 3,912
Supplies (tickets, etc) $ 1,200
1st Yr Only Start Up Ops Expense (system set up, signage, State Certification for Enforcement, etc.) $ 30,000
Sinking Fund For Equipment Replacement (10 Yrs @ 12.5% of Purchase Price) $ 23,063
1st Yr Only Start Up Equipment (1 handheld, advanced warranty, office computer, printer, etc.) $ 27,500
ADMIN EXPENSES (Contracted Hourly Rates Not to Exceed) $ 24,000
Annual License Fees
NuPark $ 33,750
Parkeon $ 8,640
Employee Parking Program $ 6,000
Total Operating Expenses $ 169,945
Other Expenses
Property Insurance
Liability insurance
Property Taxes
Enforcement Supplies
Total Other Expenses
Total Of All Expenses Yr 1
Total Of All Expenses Yr 2
CONB/COAG Only Annual Monthly
Cost Per Space Yr 1 $1,586.59 $132.22
Cost Per Space Yr 2 $1,335.50 $111.29
Capital Expenses
Kiosks' 12 $ 108,972
Golf Cart $ 25,000
NuPark Camera Mount Module` $ 50,533
184,505
Installation Included in Pricing
Piggyback Contract @ 69,081 Per Installed Unit
7,200
1,850
9,050
363,329
305,829 No Start Up Expenses in Yr 2
r 'sp2p 4- IS0 4 `
t
Fees DY- Z 9 Z X l a
Z`1.3`\2.2.1
i
1
ATTACHMENT A
September 9, 2019 Minutes
REVENUES GIVEN HOURLY RATE AND UTILIZATION PERCENTAGES
COAB ON STREET SPACES Hourly Rate 2.00 2.00 2.00 2.00 2.00
Average Utilization 60% 50% 40% 30% 20%
Hours 11am- 13 13 13 13 13
Duration 1 year 1 year 1 year 1 year 1 year
REVENUE NET OF EXPENSES #OF SPACES REVENUE REVENUE REVENUE REVENUE REVENUE
COAB Spaces 64 355,430.40 296,192.00 236,953.60 177,715.20 118,476.80
Less discount to residents @ 20%
Adjusted Gross Revenue
Less Operating Expenses @ 30%
Net Operating Income (NOI) to COAB
NOI/Space
Exp/Space
71,086.08
284,344.32
90,990.18
193,354.14
3,021.16
1,421.72
59,238.40
236,953.60
75,825.15
161,128.45
2,517.63
1,184.77
47,390.72
189,562.88
60,660.12
128,902.76
2,014.11
947.81
35,543.04
142,172.16
45,495.09
96,677.07
1,510.58
710.86
23,695.36
94,781.44
30,330.06
64,451.38
1,007.05
473.91