10-22-18 Minutes of a Public HearingMINUTES OF A PUBLIC HEARING of the CITY OF ATLANTIC BEACH,
FLORIDA held at a meeting of the City Commission in the City
Commission Chambers, City Hall, 800 Seminole Road, Atlantic
Beach, Florida, commencing at 6:30 P.M. on Monday, October 22,
2018.
The City Commission (the "Commission") of the City of Atlantic Beach, Florida (the "City
of Atlantic Beach") held a public hearing on behalf of the City of Atlantic Beach and the City of
Jacksonville, Florida ("City of Jacksonville") at a meeting of the Commission on the above date
and time.
At 6:30 P.M., the Mayor of the City of Atlantic Beach called the public meeting to order.
The Mayor stated that the purpose of the meeting included conducting a public hearing, pursuant
to published notice as required by law (Section 147(0 of the Internal Revenue Code of 1986, as
amended (the "Code")), on the proposed issuance by the City of Atlantic Beach of its Health Care
Facilities Revenue Bonds (Fleet Landing Project), Series 2018, in an aggregate principal amount
not exceeding $140,000,000 (the "Bonds"), in one or more series.
The Mayor stated that the notice of the public hearing was published on October 8, 2018,
in The Daily Record, a newspaper of general circulation in the City of Atlantic Beach and the City
of Jacksonville, and on October 11, 2018, in The Beaches Leader, a newspaper of general
circulation in the City of Atlantic Beach. The Mayor stated that the publisher's affidavits for the
above-described publications were on file with the City Clerk (copies of which are attached hereto
as Exhibit A).
The Mayor stated that the proceeds of the Bonds will be loaned to Naval Continuing Care
Retirement Foundation, Inc. d/b/a Fleet Landing (the "Borrower"), a Florida not for profit
corporation and an organization described in section 501(c)(3) of the Code, for the purposes of (i)
financing or refinancing all or a part of the cost of certain capital projects at the Borrower's
continuing care retirement facilities known as "Fleet Landing," which are located at One Fleet
Landing Boulevard, Atlantic Beach, Florida, and 701 Mayport Crossing Boulevard, Jacksonville,
Florida, (ii) funding a debt service reserve fund, (iii) funding capitalized interest with respect to
the Bonds and (iv) paying costs of issuing the Bonds, all as further described in said notice
collectively, the "Project").
The Mayor then announced that all interested persons wishing to be heard for or against
the issuance of the Bonds and on the location and nature of the Project to be financed would be
heard and that all oral or written statements would be considered.
All interested persons wishing to speak were then given the full opportunity to be heard;
the persons so speaking were as follows:
01053666-1
NAME ADDRESS
NONE]
A summary of the views so expressed, if any, is attached hereto.
All interested persons wishing to file written statements were given the full opportunity to
do so; the persons filing written statements were as follows:
NAME ADDRESS
NONE]
Copies of all such written statements, if any, are attached hereto.
Prior to the public hearing, the Authority solicited written statements from interested
persons pursuant to an invitation set forth in the public notice referred to above; the persons filing
written statements with the Authority pursuant to such invitation were as follows:
NAME ADDRESS
NONE]
Copies of all such written statements, if any, are attached hereto.
Thereupon, after all persons desiring to speak or submit written statements had been
permitted to do so, the Mayor stated that the public hearing on the proposed issuance of the Bonds
was concluded.
DATED this 22nd day of October, 2018.
CITY OF ATLANTIC BEACH, FLORIDA
By:
ATTEST:
041424 V;644-eee
Donna Bartle, City Clerk
APPROVED AS TO FORM AND CORRECTNESS:
01053666-1
nLCity Attorney
2
Ellen Glasser, Mayor
01053666-1
EXHIBIT A
PUBLISHER'S AFFIDAVITS
Attached.]
A-1