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01-06-2014 - Regular CITY COUNCIL OF EDGEWATER REGULAR MEETING JANUARY 6, 2014 6:00 P.M. COUNCIL CHAMBERS MINUTES 1. CALL TO ORDER, ROLL CALL, PLEDGE OF ALLEGIANCE, INVOCATION Mayor Thomas called the Regular Meeting to order at 6: 00 p.m. in the Council Chambers . There was a silent invocation and pledge of allegiance to the Flag. Present Mayor Michael Thomas Councilwoman Christine Power Councilman Mike Ignasiak Councilman Gene Emter City Manager Tracey Barlow City Clerk Bonnie Wenzel City Attorney Aaron Wolfe Excused Councilwoman Gigi Bennington 2. APPROVAL OF MINUTES a. Regular Meeting of November 4, 2013 Minutes ' Councilman Mike Ignasiak moved to approve the meeting minutes of the Regular Meeting dated November 4, 2013, second by Councilman Gene Emter. The MOTION CARRIED 4-0-0. Yes Mayor Michael Thomas, Councilwoman Christine Power, Councilman Mike Ignasiak, Councilman Gene Emter No None Abstain None b. Regular Meeting of December 2, 2013 Minutes ' Councilman Gene Emter moved to approve the minutes from December 2, 2013, second by Councilman Mike Ignasiak. 1 Council Regular Meeting January 6, 2014 The MOTION CARRIED 4-0-0. Yes Mayor Michael Thomas, Councilwoman Christine Power, Councilman Mike Ignasiak, Councilman Gene Emter No None Abstain None 3. PRESENTATIONS/PROCLAMATIONS/PLAQUES/CERTIFICATES/DONATIONS a. Mayor Thomas to present a Proclamation to Jessiah Kirk Mayor Thomas read and presented a proclamation to Jessiah Kirk for being a nine-year old hero as a result of helping his grandmother in an emergency situation and preventing a neighbor' s dog from being attacked. b. Teresa Rogers, CEO, Volusia Flagler Family YMCA to discuss the YMCA expansion Teresa Rogers, CEO, Volusia Flagler Family YMCA made a presentation regarding the expansion of the YMCA. Councilman Ignasiak asked if they planned on upgrading some of the gym equipment. Ms . Rogers informed him all of the equipment was being upgraded. She also mentioned expansions that were proposed to be done to the Port Orange and Ormond Beach YMCA' s as it related to ordering equipment for all three of the facilities at the same time with the hopes of a cost savings. Councilwoman Power asked if the $385, 000 included equipment. Ms . Rogers informed her they lease their equipment primarily. Councilwoman Power asked if there was some sort of formal plan. Ms . Rogers informed her Council was provided with a schematic and further advised them the 4, 000 square foot addition was final but the plans for inside were not. Councilwoman Power questioned where the addition was going. Ms . Rogers informed her it was going to be straight out the west side of the building and was already allocated in the original plan. City Manager Barlow further described where the addition would be. City Manager Barlow informed Council Ms . Rogers had worked with staff on the design. There were several capital items that were needed that would be discussed later on the agenda. He further spoke of the plan for dollars. The City would secure the loan and they would have a lease agreement with the YMCA which would account for the debt service of their portion of that loan for their expansion, which Ms . Rogers was in complete agreement with. It would be the Y' s construction project but Mr. Corder would help them oversee it. Just like any 2 Council Regular Meeting January 6, 2014 other improvements they have made on this property, when they separate all of those assets would become the City of Edgewater' s . Councilman Emter asked if the lease agreement would allow them to participate in the State bidding process . City Manager Barlow identified if it was the Y' s project, he didn't know how they could get there. They have a contractor they work with. Councilman Emter then questioned through the association with the City if the Y could piggy back. City Manager Barlow didn't think they were interested in that. Councilwoman Power felt having three different projects in three different cities made it a little more complicated. c. Robin King, President & CEO, Center for Business Excellence, to discuss their services and upcoming rebranding Robin King, President & CEO, Center for Business Excellence, was not present to make a presentation. d. Carl Watson, new Executive Director of the Southeast Volusia Advertising Authority, to introduce himself Carl Watson, Executive Director of the Southeast Volusia Advertising Authority introduced himself and informed Council they handle the destination marketing for Port Orange, New Smyrna Beach, Edgewater, Oak Hill and Osteen. He further spoke of meeting with City Manager Barlow when he got to the meeting and he informed him of some of the exciting things that were going on in Edgewater. They were very excited about the Rail Trail. He offered assistance with tourism promotion in the area. 10c. Discussion with Traffic Engineering regarding results of the final access management enhancements for Ridgewood Avenue This item was moved up on the agenda. Fred Farrell presented his brief history with regard to access management. He worked for FDOT for twenty plus years and was part of the Committee who wrote the Access Management Rules in the State of Florida. He then spoke about the overall goal of the Access Management Group and the Access Management Act being to enhance the operations and safety of the State Highway system. There were seven different categories of Access Management. He spoke of it being tough to come into an existing community and taking a road that had been there for a long time and trying to start shoehorning, trying to fit into today' s standards . He spoke of looking at the corridor with regard to spacing standards, traffic volumes and safety. He further identified FDOT was proactive with their median openings and reactive 3 Council Regular Meeting January 6, 2014 with driveways, which was covered by other laws and the administrative code. Mr. Farrell spoke of working with staff and the Fire Department primarily trying to deal with the new Fire Station and how to get the fire trucks in and out of there. In the initial plan they didn't accommodate both the north and the south. Now both were accommodated but he understood there may be some issues with the actual geometry that they could look at and tweak. Mr. Farrell further commented on other issues such as traffic getting diverted into an area and it can't accommodate it. If a problem has been identified the Department typically will come back and review it and make modifications if they can justify it. FDOT was trying to move the most traffic with the least amount of money spent. Councilwoman Power pointed out and the least amount of accidents . Mr. Farrell informed her at the end of the day the overwhelming safety will override everything. He spoke of reviewing a study from 2009 and now they are in 2014 . He questioned how much had changed since then as he felt a lot of the traffic patterns were very similar to what they were before. He didn't know what the City' s plans were or that it would be money well spent to do an exhaustive study because the traffic volumes weren't there. If a safety problem had developed since then or there was a traffic issue then that was something he recommended they have FDOT look at. Councilman Ignasiak questioned if the Fire Department itself had raised a significant issue as far as ingress and egress that was affecting their service delivery. City Manager Barlow spoke of the geometry being a concern and a challenge. They would have to come back and modify that directional median cut that forces the apparatus . Ron Carwile, who was in the audience, wanted that opened back up because of the additional traffic on Hardin Place. What they heard from the Traffic Engineer was they would have to substantiate that there was a significant amount of additional traffic impact on Hardin Place and it would create a safety issue before DOT would consider it. Mayor Thomas identified they didn't have a downtown area and that most of our businesses were located along U.S. #1 . He further commented on DOT saying their traffic study was safety driven and they cut out a bunch of the cut-throughs to go to these businesses . They had a lot of complaints . He felt they were strong arming them by saying this was the way it was going to be and that there weren't going to be any changes to it. Councilwoman Power asked if it was normal for a community to say they had an issue with the access management and it wasn't working for them and have FDOT come and look at it and if Mr. Farrell he found it got changed a lot or did not get changed. Mr. Farrell spoke of a lot of 4 Council Regular Meeting January 6, 2014 people wanting traffic signals and explained that there were certain criteria they follow to do that. Councilman Ignasiak informed him they want one at Turgot Avenue and U. S . #1 . Mr. Farrell commented on modifications that were made from the first public meeting because when it was originally proposed they weren't even accommodating the Fire Station. He further pointed out they were pretty hard core and proactive on their standards . This project was funded with Federal Safety funds so they had to meet certain criteria. There was then a discussion regarding how traffic counts are done now. Councilwoman Power commented on the need for a traffic signal at Turgot Avenue and U.S . #1 as a result of increased activity that has been occurring at the YMCA since 2009 when the traffic study was done. Mr. Farrell further commented on having a certain responsibility to say yes to a traffic signal . The traffic study done in 2009 was now outdated as a result of the YMCA expanding and the access management changes that had been done that changed the traffic patterns . There are 24 conflict points at a full median opening. Once it is made a directional they eliminate over half of those. He then commented on when you are coming from the east side from a side street, not having to worry about southbound traffic and only having to worry about the car going northbound or making a right hand turn coming out of a side street but then they have to go north to do a u-turn in order to go south. He also mentioned part of the access management strategy was to make sure they have left turn lanes to accommodate all of the people they are moving somewhere else. Historically it has shown to be safer. Councilwoman Power spoke of it being full access at Turgot Avenue since you can go straight across U. S. #1 . City Manager Barlow spoke of petitioning DOT for that full access . There was then discussion regarding traffic control in that area when events occur and only being able to make a right turn off of Turgot Avenue onto U.S. #1 . City Manager Barlow spoke of presently talking to DOT about the benefits of adding a right-turn lane on Turgot Avenue so those that were going southbound were not stacking up. Mr. Farrell went up to Turgot Avenue and didn't have so much trouble there but saw four or five cars stacked deep on Marion Avenue that were trying to turn left to go north on U.S. #1 . Mr. Farrell then identified what they could do at the City level with regard to something being a safety problem. They would be more 5 Council Regular Meeting January 6, 2014 inclined to respond to a safety issue then additional traffic that may go around the block to come back to a business . Councilwoman Power spoke of the Council being unsuccessful in the past at having issues addressed by FDOT. Mr. Farrell identified C.E.S. was hired to do an access management study on the U.S . #1 corridor and further commented on the process and the minor changes that were made. Mayor Thomas pointed out that an amendment was also made for Edgewater Towing. Mr. Farrell felt once the study was implemented, at first it was painful. City Manager Barlow felt the two intersections that generated interest were Turgot Avenue & U. S. #1 and Hardin Place & U. S. #1 . Mr. Farrell further commented on convenience type stores suffering in the beginning because people won't do a u-turn to go to that store because there is usually another one down the road. Established businesses that had a destination base would typically survive but may take a hit in the beginning. With time, most of these work out. He further commented on change being tough and Edgewater not having a downtown area. Councilwoman Power confirmed they were working on the Fire Department and what their needs were. Mr. Farrell informed her they were going to look at the geometry there and if there were any other specific areas identified. Councilwoman Power then questioned them working on a traffic light at Turgot Avenue. Mr. Farrell informed her they were working with Darren Lear and Jack Corder on a couple of things to decide going forward as to whether they should pursue this further with DOT as it related to traffic on Marion Avenue and Turgot Avenue. Councilman Emter asked what the requirements were for installation of a traffic signal . Mr. Farrell identified there were nine warrants in the Federal manual on uniform traffic control devices and they have to meet one of those warrants. He further commented on the different warrants . City Manager Barlow further explained the right turn lane didn't discount the fact that they needed a traffic signal so they could still do both so even those going south weren't waiting on the traffic light and were still able to make the right turn and continue the southbound flow while those are stacked up waiting to go northbound. Councilman Ignasiak felt this was a classical case of an institutional dilemma where a community creates an institution to help provide it 6 Council Regular Meeting January 6, 2014 services and the institution denies the community the services it wants. City Manager Barlow needed direction from Council . He asked if they wanted to have the Traffic Engineer look at Hardin or in that general vicinity to see if he determines enough safety concerns that would justify that as being a full opening. Councilman Ignasiak felt they were going to have to have something to bite into to go forward. If not, it would just be futile. He asked if there was a cost associated with it, which City Manager Barlow informed him there was . Councilman Emter felt they had as a base the prior study that was done and specifically with that information at Turgot. City Manager Barlow informed him the Turgot intersection was separate from the Hardin Place issue. Since they have done the access management, as a result of some of the things that were done at the YMCA and the ballpark that have generated more traffic on Turgot, they have enhanced the need for that Turgot traffic. They could do another study of the Turgot intersection and have a baseline from the 2009 study. From 2009 until now they have an increase there and may meet one of the thresholds for a traffic light. Councilman Emter stated when this was initially presented to Council he remembered they used a crash analysis from 2005 and 2007 . City Manager Barlow informed him C.E.S. did. The 2009 study was the last time they petitioned for a traffic light there that DOT or someone came out and did their study. Mr. Farrell explained the three years of crashes included in the crash analysis that was done for the access management was 2005, 2006 and 2007 . They had a baseline study that had the traffic volumes in there at every median opening that used to be there. He further explained why DOT used the years 2005, 2006 and 2007 and what standards the changes to the medians were based on. Mayor Thomas wanted to hear from the Fire Chief and asked Fire Chief Steve Cousins to come forward and tell them if there was a problem with the ingress and egress at that intersection or not. Fire Chief Cousins explained the crossover itself was not quite aligned as most convenient and added a little difficulty getting across there. They were being more cautious crossing that intersection due to the alignment. A signal would always be best for them to have traffic stop, especially responding to an emergency, and non-emergencies going across. If they return from north of the Fire Station those apparatus will turn onto Rhode Island, go to Riverside, head south one block and turn back onto Hardin Place. They have to make the loop if they return directly from the north of the Fire Station and go in and park. The crossovers work but weren't as convenient as a full opening. Not ideal but they were making it work. 7 Council Regular Meeting January 6, 2014 Mayor Thomas questioned if it was costing them valuable time. Fire Chief Cousins couldn't say that it was delaying response. Councilwoman Power questioned if they had a hard time with going down to Riverside and the kids running away. Fire Chief Cousins explained they take their time navigating the residential streets as this was occurring when they were returning and not during an emergency. Mayor Thomas asked if they made the crossover wider if that would help. Fire Chief Cousins identified it could be widened a little bit or realigned and that would make it a little bit easier. Councilwoman Power felt it might make it more attractive to cars going the wrong way. City Manager Barlow spoke of seeing a lot of that now. If they change the geometry they are only going to promote that. Councilman Emter asked how long this had been completed. City Manager Barlow estimated six months. Councilman Emter asked Police Chief Arcieri if there had been any accidents in that area and if so, how many. Police Chief Arcieri wasn't aware of any specific number and informed him that he would have to look at the reports . Councilman Ignasiak felt they were looking at an issue right now of convenience more than necessity and that they didn't have the data yet to establish something like that. He was particularly concerned with the YMCA and felt maybe after the future expansion of the YMCA, they should come back with a traffic study then. He felt they might be able to better justify it with the volume and the time to have something done at that intersection. Councilman Ignasiak also felt if they realigned the crossover in front of the Fire Station that they would encourage people to crossover there because he had seen them try it already, which he felt would lead to more problems than they have now. He didn't want to waste the money but wanted to see the changes come but felt there was a time and a place for it and he didn't think they were there yet. Mayor Thomas questioned the City owning the property where they want to put a right turn lane on Turgot Avenue. City Manager Barlow confirmed the City owned the property. Mayor Thomas asked if they had to do a traffic study in order to do it. City Manager Barlow informed him it was coming out onto U.S. #1 so they had to get an access permit from DOT. If the City funded that, he felt reasonably sure that Mr. Farrell could get them the permit to do the right turn lane. There were also other opportunities through the TPO. They could try to get a safety enhancement and get some grant dollars to fund that. Most of the cost, if they do a right turn lane there prior to the traffic light, was moving some of the infrastructure there. He could have Mr. 8 Council Regular Meeting January 6, 2014 Farrell do a cost estimate on adding a right turn lane. The second thing was to continue and work with Mr. Farrell to petition them to do another study after they do the YMCA expansion and see if the increase in traffic trips the threshold that DOT installs the traffic signal and maybe even a chance that they would help offset some of the cost of the right turn lane. Mr. Farrell identified the two big things were if this could be built in an existing right-of-way, which the City owned, and how much did it cost. The clearer they can have it up front to know what they really have out there, the better off they would be. Councilwoman Power asked if it was just an idea to have a right turn lane. City Manager Barlow informed her it was just an idea at this time. Before they moved on, that was part of what the discussion was . If they feel good about it, they pay the consulting engineer and he can do all of those. Mayor Thomas felt they needed it now. Councilwoman Power agreed. Mayor Thomas felt with the expansion of the YMCA there was a dire need for it. City Manager Barlow identified even with the right turn lane, it didn't necessarily take everything away from a need for a traffic light there. Mayor Thomas thanked Mr. Farrell. 4. CITIZEN COMMENTS The following citizens spoke: Agnes Witter, 223 Flagler Avenue, asked if the construction of Hardin Place and Riverside Drive was such that the roads wouldn't be affected by the weight of the fire trucks as they loop around. Environmental Services Director Brenda Dewees believed fire trucks were exempt from any kind of weight limit restrictions . In the case of Coastal Tire, most of the issues were regular vehicles they were servicing that were making that trek around there. Mayor Thomas questioned if the weight of the fire truck would tear up the road quicker. Ms . Dewees felt any heavier weight of a vehicle would definitely tear the road up faster. Chris Murphy, 207 Virginia Street, asked if the intersection of Ocean Avenue and U.S. #1 would warrant a traffic light as well as a result of the school crossing. He attended a meeting way back when and they mentioned they were going to consider it and he hadn't heard anything since. He assumed they did consider it and it wasn't going to happen. Mayor Thomas informed him he would assume he was correct on that. 5. APPROVAL OR CHANGES/MODIFICATIONS TO THE AGENDA 9 Council Regular Meeting January 6, 2014 There were no other Changes/Modifications to the agenda at this time. 6. CITY COUNCIL REPORTS Councilwoman Power reported on attending the League of Cities dinner in Ormond Beach, the Centennial Celebration. She also attended the Bikes, Banjos and Barbeque event. She wished everyone a Happy New Year. Councilman Ignasiak also attended the League of Cities dinner in Ormond Beach. Councilman Ignasiak also attended the Christmas parade. He spoke in favor of giving the awards out before the parade started instead of after. He felt this was a great change and suggested they keep it that way again next year as it worked out so much better. Councilman Ignasiak then commented on attending the Bikes, Banjos and Barbeque event. Councilman Emter attended the Economic Development Board meeting. Councilman Emter also went to the First Friday, which was fairly well attended although it could have been better. Councilman Emter commented on why he felt the Christmas Parade was something special. Councilman Emter reported the TPO was cancelled for December. 7. CONSENT AGENDA a. Approval of the Purchase Requisitions 7291 and 7292 purchase and installation of Lime Slakers at the Water Treatment Plant Agenda Request b. Approval of the amendment to Consent Order 12-1658 with the Florida Department of Environmental Protection for a pollution prevention project at the Wastewater Treatment Plant and authorization for the Mayor to execute the document Agenda Request -- c. Authorization for the City Manager to negotiate and execute 10 Council Regular Meeting January 6, 2014 a contract with Glencoe Lawns, Inc. for Right-of-Way Maintenance for a period of three years Agenda Request 71 Councilman Mike Ignasiak moved to approve the Consent Agenda as is listed, second by Councilwoman Christine Power. The MOTION CARRIED 4-0-0. Yes Mayor Michael Thomas, Councilwoman Christine Power, Councilman Mike Ignasiak, Councilman Gene Emter No None Abstain None 8. PUBLIC HEARINGS, ORDINANCES AND RESOLUTIONS a. 1st Reading - Ordinance No. 2014-0-01 : Amending and restating Article IV (Resource Protection Standards) of the Land Development Code Agenda Request City Attorney Wolfe read Ordinance 2014-0-01 into the record. City Manager Barlow made a staff presentation. Due to there being no Council or public comment, Mayor Thomas opened and closed the public hearing and entertained a motion. Councilwoman Christine Power moved to approve Ordinance No. 2014-0-01, second by Councilman Mike Ignasiak. The MOTION CARRIED 4-0-0. Yes Mayor Michael Thomas, Councilwoman Christine Power, Councilman Mike Ignasiak, Councilman Gene Emter No None Abstain None b. 1st Reading - Ordinance No. 2014-0-02 : Amending Chapter 7 (Buildings & Construction; Fire Safety) , Article 1 (In General) by repealing and restating Section 7-1 (Incorporation of the Florida Building Code) Agenda Request City Attorney Wolfe read Ordinance 2014-0-02 into the record. 11 Council Regular Meeting January 6, 2014 City Manager Barlow made a staff presentation. Mayor Thomas felt this was great. He felt there ought to be a law that they have to appeal a law before they can make a new law. Due to there being no Council or public comment, Mayor Thomas opened and closed the public hearing and entertained a motion. Councilwoman Christine Power moved to approve Ordinance No. 2014-0-02, second by Councilman Gene Emter. The MOTION CARRIED 4-0-0. Yes Mayor Michael Thomas, Councilwoman Christine Power, Councilman Mike Ignasiak, Councilman Gene Emter No None Abstain None c. 1st Reading - Ordinance No. 2014-0-03 : Pleasant Wood, LLC, requesting annexation of . 46+ acres of land to include 1366 Elizabeth Street and the adjacent parcel to the north Agenda Request City Attorney Wolfe read Ordinance 2014-0-03 into the record. City Manager Barlow made a staff presentation. Mayor Thomas opened the public hearing and asked for Council comment. Councilman Emter asked if these were the only parcels that were coming in as the other ones on either side of it were not a part of the City. City Manager Barlow informed him not yet. He assumed over time they would probably come in as well . Councilman Emter asked if there had been any further interest informally expressed. City Manager Barlow informed him there had not been and that they had not gone out on the annexation campaign yet. He was working with the County on a different initiative. There was a brief discussion regarding where the property was located at and this property being low. Councilwoman Power confirmed they would talk about the wetlands later on. City Manager Barlow informed her they were only doing the annexation and the zoning now. They weren't issuing any building permits or construction permits . 12 Council Regular Meeting January 6, 2014 Mayor Thomas again opened the public hearing and asked for Council comment. He then asked for public comment. Mayor Thomas closed the public hearing and entertained a motion. Councilman Mike Ignasiak moved to approve Ordinance No. 2014-0-03, second by Councilwoman Christine Power. The MOTION CARRIED 3-1-0. Yes Councilwoman Christine Power, Councilman Mike Ignasiak, Councilman Gene Emter No Mayor Michael Thomas Abstain None d. 1st Reading - Ordinance No. 2014-0-04 : Pleasant Wood, LLC, requesting an amendment to the Comprehensive Plan Future Land Use Map to include . 46+ acres of land located at 1366 Elizabeth Street and the adjacent parcel to the north as Low Density Residential Agenda Request City Attorney Wolfe read Ordinance 2014-0-04 into the record. City Manager Barlow made a staff presentation. Due to there being no Council or public comment, Mayor Thomas opened and closed the public hearing and entertained a motion. Councilman Gene Emter moved to approve Ordinance No. 2014-0-04, second by Councilwoman Christine Power. The MOTION CARRIED 3-1-0. Yes Councilwoman Christine Power, Councilman Mike Ignasiak, Councilman Gene Emter No Mayor Michael Thomas Abstain None e. 1st Reading - Ordinance No. 2014-0-05: Pleasant Wood, LLC, requesting an amendment to the Official Zoning Map to include . 46+ acres of land located at 1366 Elizabeth Street as R-2 (Single Family Residential) Agenda Request -' City Attorney Wolfe read Ordinance 2014-0-05 into the record. 13 Council Regular Meeting January 6, 2014 City Manager Barlow made a staff presentation. Mayor Thomas opened the public hearing and asked for Council comment. Councilwoman Power pointed out FDEP had approved a permit to fill 1.2 acres of wetland in order to build the house. City Manager Barlow stated they still had to meet all of the building code standards of the floodplain they had talked about. Mayor Thomas commented on the drainage problem they have had in that subdivision. City Manager Barlow felt that was another benefit for them being in the City because that was the only way the City had jurisdiction to make sure it was done right under the City' s control . Due to there being no public comment, Mayor Thomas closed the public hearing and entertained a motion. Councilman Gene Emter moved to approve Ordinance No. 2014-0-05, second by Councilwoman Christine Power. The MOTION CARRIED 3-1-0. Yes Councilwoman Christine Power, Councilman Mike Ignasiak, Councilman Gene Emter No Mayor Michael Thomas Abstain None f. Resolution No. 2014-R-01 : Authorization for the Mayor to execute the Highway Maintenance Memorandum of Agreement with FDOT and approval of the appropriate budget amendment Agenda Request City Attorney Wolfe read Resolution 2014-R-01 into the record. City Manager Barlow made a staff presentation. There was discussion regarding the City receiving $42, 400 in compensation per year. This was a three year agreement, which was for the medians and the shoulders of the State rights-of-way on U.S. #1 and SR 442 . This would be contracted out as it had been in the past. Because of all the other access management changes, they rebid that out most recently. It was on the agenda later to authorize negotiations with the lowest bidder. Due to there being no further Council or public comment, Mayor Thomas closed the public hearing and entertained a motion. 14 Council Regular Meeting January 6, 2014 Councilman Mike Ignasiak moved to approve Resolution No. 2014-R-01, second by Councilwoman Christine Power. The MOTION CARRIED 4-0-0. Yes Mayor Michael Thomas, Councilwoman Christine Power, Councilman Mike Ignasiak, Councilman Gene Emter No None Abstain None g. Resolution No. 2014-R-02 : Requesting a reduction in the Annual Wastewater Regulatory and Surveillance Fee for 2014 from the Florida Department of Environmental Protection Agenda Request City Attorney Wolfe read Resolution 2014-R-02 into the record. City Manager Barlow made a staff presentation. Due to there being no Council or public comment, Mayor Thomas opened and closed the public hearing and entertained a motion. Councilwoman Christine Power moved to approve Resolution No. 2014-R- 02, second by Councilman Mike Ignasiak. The MOTION CARRIED 4-0-0. Yes Mayor Michael Thomas, Councilwoman Christine Power, Councilman Mike Ignasiak, Councilman Gene Emter No None Abstain None 9. BOARD APPOINTMENTS There were no Board Appointments at this time. 10. OTHER BUSINESS a. Authorization for the City Manager to execute a contract with Glencoe Lawns, Inc. for Commercial/Residential Grounds Maintenance Agenda Request City Manager Barlow informed Council under the Consent Agenda was where they authorized him to negotiate for the U.S. #1 right-of-way with Glencoe and also execute a contract. 15 Council Regular Meeting January 6, 2014 City Manager Barlow then made a staff presentation regarding this agenda item. Mayor Thomas asked for Council comment. Councilman Emter was impressed with contract and the detail identifying what was required. City Manager Barlow credited Jack Corder and the Finance staff. Mayor Thomas asked if the City would be mowing anything. City Manager Barlow identified City staff took care of all of the ballfields, all of the parks and the Riverwalk. There was a discussion regarding the Leisure Services Department being down five employees . City Manager Barlow explained some of that had been exchanged out through these contract services . He further commented on the equipment being expensive to maintain. They have kept the equipment because if they end up with a large parcel of land, such as a future City Hall site, the City can maintain it. Councilman Emter asked if Glencoe had this contract before. City Manager Barlow identified they had been doing ParkTowne and Code Enforcement properties for some time and they had just recently put them on Fire Station 55 and Fire Station 57 . They have been pleased with their services. Ronnie Hall, Glencoe Lawns, introduced himself. Mayor Thomas asked how often they replace the no-turn mowers. Mr. Hall informed him they can get two years out of a quality mower if they are properly maintained. Mayor Thomas asked about the blades . Mr. Hall informed him they were changed daily. They sharpen 75 blades a week, which are changed every eight hours of service. Mayor Thomas asked about the tires . Mr. Hall informed him the tires were $100 each. He has tires on the trailer that are cheaper than on the mowers . The front tires were $180 each. Due to there being no further Council or public comment, Mayor Thomas entertained a motion. Councilman Gene Emter moved to authorize the City Manager to execute a contract with Glencoe Lawns, Inc. for Commercial/Residential Grounds Maintenance, second by Councilwoman Christine Power. The MOTION CARRIED 4-0-0. Yes Mayor Michael Thomas, Councilwoman Christine Power, Councilman Mike Ignasiak, Councilman Gene Emter No None Abstain None 16 Council Regular Meeting January 6, 2014 b. Authorization for the City Manager to negotiate and execute a contract with Vertex Development, LLC for a Communications Tower Site Lease Agenda Request City Manager Barlow made a staff presentation. Councilman Emter asked if they were held harmless for any liabilities that might be incurred as a result of the tower failure. City Attorney Wolfe identified there was an indemnification clause in the ground lease agreement as well as being required to maintain $1, 000, 000 of general liability insurance. Councilman Emter asked if that would cover the buildings on the other surrounding areas. City Attorney Wolfe explained it was intended to cover failure of the tower or negligence in that regard. Councilman Emter questioned if that was enough to cover that. City Attorney Wolfe didn't know the answer to that. City Manager Barlow felt if that was a concern they could go back and renegotiate the up to a million dollars and/or for equal value of replacement of any other additional damage there. They could go back and look at that aspect of it. The City was also insured on top of their insurance. That was a standard liability of $1 million. Councilman Ignasiak stated so they sublet services and the City gets a piece of that action. City Manager Barlow further commented on what these companies do. Councilwoman Power pointed out there were pictures on pages 16, 17 and 18 . Due to there being no further Council or public comment, Mayor Thomas entertained a motion. Councilman Gene Emter moved to authorize the City Manager to negotiate and execute a contract with Vertex Development, LLC for a Communications Tower Site Lease, second by Councilwoman Christine Power. The MOTION CARRIED 4-0-0. Yes Mayor Michael Thomas, Councilwoman Christine Power, Councilman Mike Ignasiak, Councilman Gene Emter No None Abstain None c. Discussion with Traffic Engineering regarding results of the final access management enhancements for Ridgewood Avenue 17 Council Regular Meeting January 6, 2014 Agenda Request -- This item was discussed earlier on the agenda. d. Approval of the purchase of a fitness system, to be placed along Riverwalk on Riverside Drive, for the amount of $24,271 . 66 and authorization for the appropriate budget amendment Agenda Request City Manager Barlow made a staff presentation. Councilwoman Power asked if the water fountain outside of the bathrooms was included in this . Manager Barlow informed her not yet but he heard her loud and clear. Mayor Thomas asked for Council comment. Councilman Ignasiak felt this would do Riverside really well and that this fit in with their theme of outdoor recreation. He was looking forward to it. Councilwoman Power questioned the City's insurance covering anybody getting on equipment and doing something to themselves . City Manager Barlow informed her it was no different than any other playground equipment at parks . Mayor Thomas asked for public comment. The following citizens spoke: Debra Rogers, 510 S. Riverside Drive, questioned if the Council was aware of the deed restrictions on City property, particularly Menard- May Park. Councilman Ignasiak explained he was aware of some deed restrictions on City property where it could only be used for municipal purposes and couldn't be sold to a private entity, rented or used. In some of those cases, it would resort back to the original owners . He further pointed out what they were proposing was a public use of public property. Ms. Rogers asked City Attorney Wolfe what a deed restriction was, which he explained. Ms . Rogers was sure City Manager Barlow was aware of some deed restrictions that were placed on Menard-May Park property. City 18 Council Regular Meeting January 6, 2014 Manager Barlow informed her he wasn't going to play this game and asked her what she was getting to. Ms . Rogers identified there had been a deed restriction on that property since 1904 and in addition to that in 1983 the owner of the property that she resided at was Roberta Curran and she wrote a letter to the Department of Natural Resources regarding a grant the City applied for and received for $117, 600 that was used to build the pavilion, the picnic table area and the bathrooms. Those building structures are on the left portion of that park, which was the May property. The larger tract which was the 2 . 46 acres on the south, there was a deed restriction that no structures over three feet could be on that property. Her understanding was some of the equipment was six feet and went as high as 16 feet. City Manager Barlow thought it was eight feet. Mr. Corder identified the highest structure was six feet. His plan was to put it on the north side of the entrance, by the pavilion. Ms . Rogers stated when she looked at the map it appeared to be on the Menard side. Mr. Corder informed her because the map was so small he just stuck it in there. Ms. Rogers wanted it put into the record that that was a deed restriction on that property and there were violations as it stood right now. The sign out by the water' s edge was over three feet and the marquis was over three feet. Danny Rogers, 510 S. Riverside Drive, asked that it be put into the record that there were violations on that property against the existing deed restrictions. It was the sign at the water' s edge, the light poles, and the volleyball net. When they bought the property the Curran' s had contested and appeared at City Council and persuaded the movement of the structures north of Ocean Avenue on that said property. Councilman Emter asked Mr. Rogers what his point was and how that impacted what was before Council to place equipment all along Riverside Drive. Mr. Rogers informed him if it infracted beyond the three feet height than it should not be allowed. Councilwoman Power felt that was a moot point because it wasn't going in that section of the land. Mr. Rogers felt if that was the case it was a moot point but there were violations now. Mayor Thomas felt they needed to check those out. Councilwoman Power questioned what constituted a structure. City Manager Barlow informed her there was a definition in the Florida Building Code that constituted a structure. He asked Council to give he and City Attorney Wolfe an opportunity to evaluate and determine any restrictions there and share the consequences of any violation as well as recommendations whether they continue to violate, have it removed, or petition for amendment of the restrictions . This was the first that his concern had been brought to him regarding that particular piece of land and those particular concerns with it. He agreed to look into it. 19 Council Regular Meeting January 6, 2014 They were going to check out the light pole, the volleyball net and the sign on the water' s edge and the definition of structure. Councilwoman Power asked Mr. Rogers if it would make it a better place to not have a light pole there. Mr. Rogers informed her the light pole wasn't obtrusive to the point that it was an issue with him. The volleyball net was not as great of an issue as the sign because the intent of the restriction initially was to maintain the integrity of the natural scape. The City also had planted very tall plants. Councilwoman Power stated she noticed they took out the bushes in the Menard section and had planted smaller plants . Mr. Rogers pointed out also in the City codes were restrictions on waterfront property, that homeowners should not bring in vegetation that was over three feet high. Mayor Thomas entertained a motion. Councilman Emter wanted to offer an amendment to that motion. Councilman Ignasiak informed him this amendment had to fail first before he could do that. Councilman Emter pointed out this was the main motion and that he was allowed to amend it. Mayor Thomas informed him he was allowed to have discussion on it but wasn't allowed to amend it. Councilman Emter asked for City Attorney Wolfe' s opinion. City Attorney Wolfe agreed and felt the motion needed to fail before it could be amended. Councilman Mike Ignasiak moved to approve the purchase of a fitness system, to be placed along Riverwalk on Riverside Drive, for the amount of $24,271. 66 and authorization for the appropriate budget amendment, second by Councilwoman Christine Power. The MOTION CARRIED 4-0-0. Yes Mayor Michael Thomas, Councilwoman Christine Power, Councilman Mike Ignasiak, Councilman Gene Emter No None Abstain None Councilman Emter stated he was only going to say "giving due consideration to any restrictions that might apply. " Mayor Thomas felt it was a moot point because they weren't going to put it there anyway. Councilman Emter informed him it was a point of consideration. e. Authorization for the City Manager to issue a Request for Proposal through First Southwest for the issuance of bonds 20 Council Regular Meeting January 6, 2014 to finance capital improvements and various major capital outlays in an amount not to exceed $1, 300, 000 Agenda Request City Manager Barlow and Finance Director John McKinney made a staff presentation. Mr. McKinney informed Council they were looking at coming back to Council at a Special Meeting on February 24th at 2 p.m. to select the bank. The following week at their Regular Meeting of March 3rd all of the closing documents would be brought through City Attorney Wolfe and Bond Attorney Joe Stanton for approval for the Mayor to sign and execute on approximately March 5th. Mr. McKinney answered questions presented by Mayor Thomas with regard to the annual payment, the interest rate, the total of the interest. In the packet he provided to Council was the principal and interest for each one of the four projects . City Manager Barlow reminded Council that tonight' s action was only authorizing them to go out and do an RFP to solicit those loans . Mr. McKinney further described they were looking at doing the fire engine and the VacCon Truck in the FY2014-2015 budget year but it was much cheaper to go out once and not have to pay closing costs repeatedly so they were able to spread those costs amongst all that were trying to fund a major capital improvement. Councilman Ignasiak commented on the savings associated with what the potential interest rate could be if they waited until FY2015. Mr. McKinney pointed out it was definitely rising. Due to there being no further Council or public comment, Mayor Thomas entertained a motion. Councilwoman Christine Power moved to authorize for the City Manager to issue a Request for Proposal through First Southwest for the issuance of bonds to finance capital improvements and various major capital outlays in an amount not to exceed $1,300,000, second by Councilman Mike Ignasiak. The MOTION CARRIED 4-0-0. Yes Mayor Michael Thomas, Councilwoman Christine Power, Councilman Mike Ignasiak, Councilman Gene Emter No None Abstain None 11. OFFICER REPORTS 21 Council Regular Meeting January 6, 2014 a. City Clerk City Clerk Wenzel had nothing at this time. b. City Attorney City Attorney Wolfe had nothing at this time. c. City Manager Upcoming Events/Workshops Memo City Manager Barlow passed out the organizational chart to the Council. City Manager Barlow informed Council of some of the CRA workshops coming up. The FLOC was holding a workshop on January 8th in Cape Coral, January 9th in Starke, and February 14th in Mt. Dora on the basics of a CRA. If a couple of them were interested they would put together a City shuttle. He attended a CRA session in Tampa and it was definitely beneficial to understand the basics of a CRA and the laws associated with it. He asked Council to let him know and he and City Clerk Wenzel would help coordinate that. City Manager Barlow informed Council on January 9th the Edgewater Expo would be hosting the Southeast Volusia Chamber of Commerce After Hours at Hawks Park from 5 p.m. to 7 p.m. to promote the Edgewater Expo coming up on March 14th through March 16th. City Manager Barlow then informed Council on February 3rd at 4 p.m. was an Executive Session regarding the Hastings litigation. At 5 p.m. they would hold a workshop for Ms . Dewees to present where they were, where they are and where they were going as it related to initiatives to help the Indian River Lagoon and some of those cleanup efforts long term. City Manager Barlow then commented on the Spaceport Informational Meeting to be held on February 11th at the New Smyrna Beach gymnasium at 5 p.m. City Manager Barlow then informed Council on February 18th was a Lunch and Learn for the Chamber where they were going to talk about CRA initiatives . City Manager Barlow informed Council they were looking at doing a joint workshop on March 12th with the Planning & Zoning and Economic 22 Council Regular Meeting January 6, 2014 Development Boards as they talk about the findings of necessity in their draft master plan for their community redevelopment plan. City Manager Barlow informed Council on March 18th they were talking about doing a joint workshop with the City of New Smyrna Beach to compare those transitions in how Edgewater' s CRA plan will fall in with their CRA plan. He hoped to be able to petition the County Council for delegation for a CRA around April . 12. CITIZEN COMMENTS The following citizens spoke: Chris Murphy, 207 Virginia Street, commented on the beautiful palm trees in Port Orange and South Daytona. He wondered why Edgewater didn't have the same. He asked if there were State and Federal grants or money available that the City could apply for. Councilwoman Power informed Mr. Murphy South Daytona was beautified with CRA money and that Edgewater didn't have a CRA yet. City Manager Barlow spoke of South Daytona being the poster child for this area of Florida for the beautiful job they have done with CRA dollars that were saved up over the years. City Manager Barlow informed Mr. Murphy there were grants available through the State and they had $500, 000 available to them in July that they had applied for and received to do additional beautification within the medians . Because a lot of the medians to the south were not curbed they were limited to what they could put in there and the size of those. They were still negotiating what they could do going south. Some of the ones going north were the same problem. DOT had changed some of their standards on the size of the trees that they were allowed to put in the median because of the medians being narrow. He further spoke of the Traffic Engineer negotiating on the City' s behalf and maybe having a better opportunity than the City had in the past negotiating what type of landscaping they could put in there. Councilwoman Power felt it looked better now than it did. Debra Rogers, 510 S. Riverside Drive, asked what the status was of the Code Enforcement Board going to the Special Magistrate. City Manager Barlow informed her they did a workshop with the Council almost a year ago and talked about doing a blend, bring a Special Magistrate on but still have the Code Enforcement Board. He was hoping to have by the first of the year an updated draft version of Chapter 10 of the Code of Ordinances that would bring a Special Magistrate on and determine exactly what cases a Special Magistrate would hear as it related to Animal Control and Code Enforcement and possibly even some local 23 Council Regular Meeting January 6, 2014 ordinance citations issued by the Police Department as a result of the Court systems being so overrun. City Manager Barlow asked Fire Chief Cousins if he had an idea when they would see that draft. Fire Chief Cousins hoped by the end of this week. Ms . Rogers asked about a Code violation that she brought to the attention of the Board and it basically was being handled and was shut down very quickly. She believed it was in May and she spoke with City Manager Barlow. She wanted to have a meeting privately with City Manager Barlow and the Code Enforcement staff regarding that because the violation had to do with a fence being placed in a City right-of- way on Riverside Drive in two locations and the fact that the fence is non-opaque and there were issues with that. In the Land Development Code it specifically states when you have riverfront property the fences had to be clear and they couldn't have anything over four feet high. She didn't believe she had ever seen a fence anywhere else in the City right-of-way. City Manager Barlow commented on what Ms. Rogers was referring to. The Code Enforcement Department had worked with Ms . Rogers and the adjacent property owner and he thought they had trimmed and brought some of that down and got it to the point that Code Enforcement was satisfied with it. Ms . Rogers felt what was going on was that they would have to stay on it for that maintenance. 13. ADJOURNMENT There being no further business to discuss, Mayor Thomas adjourned the meeting at 8 : 06 p.m. Minutes submitted by: Lisa Bloomer, CMC Attest: APPROVED: City of esewater, lo ida • Cd .< • _i.11111i Bgrl Wenzel, aty Clerk Michael L. Thomas, Mayor c'" frs 24 tt, ` Council Regular Meeting ° 1 `t(-' a1 y° January 6, 2014 the FOR YOUTH DEVELOPMENT r FOR HEALTHY LIVING FOR SOCIAL RESPONSIBILITY December 31, 2013 Tracey Barlow, City Manager City of Edgewater 104 N. Riverside Drive P.O. Box 100 Edgewater, FL 32132 Dear Mr. Barlow, The Volusia Flagler Family YMCA is requesting funding for $350,000 and 10% contingency, plus closing costs, for renovations of the Southeast Volusia Family YMCA. These dollars will benefit the citizens of Edgewater and the members of the YMCA, by expanding the wellness area of the facility. This additional 4000 square feet will add additional program space for community programs and group fitness classes. The Y is very thankful for the relationship with the City of Edgewater. We look forward to this continuing partnership. Respectfully, Teresa Rogers President and CEO Volusia Flagler Family YMCA Volusia Flagler Family YMCA Association Office 761 E.International Speedway Boulevard Deland, FL 32724 Phone:(386)738-9622 Fax:(386) 822-9622 The mission of the YMCA is to put Christian principles into practice through programs that build healthy spirit,mind,and body for all. µ Volusla4laglcr Counties cd City of Edgewater, Florida Capital Improvement Revenue Note, Series 2014 0 s' —1 Ct CD bJ W / `rt..q 0 FirstSouthwest 4111P Member FINRA&SIPC I©2014 FirstSouthwest FirstSouthwestl*! SOURCES AND USES OF FUNDS City of Edgewater,Florida Capital Improvement Revenue Note,Series 2014 Estimated BQ Bank as of 12/19/2013 Preliminary/Subject to Change Dated Date 03/05/2014 Delivery Date 03/05/2014 Fire Engine Utility Sources: YMCA Project Project Vac Con Truck Website Total Bond Proceeds: Par Amount 400,000.00 435,000.00 328,000.00 104,000.00 1,267,000.00 400,000.00 435,000.00 328,000.00 104,000.00 1,267,000.00 Fire Engine Utility Uses: YMCA Project Project Vac Con Truck Website Total Project Fund Deposits: Project Fund 385,000.00 419,420.00 315,870.56 99,500.00 1,219,790.56 Delivery Date Expenses: Cost of Issuance 15,000.00 15,580.00 12,129.44 4,500.00 47,209.44 400,000.00 435,000.00 328,000.00 104,000.00 1,267,000.00 Jan 6,2014 11:11 am Prepared by FirstSouthwest(aam) (Finance 7.008 Edgewater,FL:2014) Page 1 FirstSouthwest4' City of Edgewater,Florida Capital Improvement Revenue Note,Series 2014 Estimated BQ Bank as of 12/19/2013 Preliminary/Subject to Change Period Ending Principal Interest Debt Service 03/01/2015 111,000 33,828.90 144,828.90 03/01/2016 114,000 31,212.00 145,212.00 03/01/2017 119,000 28,134.00 147,134.00 03/01/2018 121,000 24,921.00 145,921.00 03/01/2019 124,000 21,654.00 145,654.00 03/01/2020 129,000 18,306.00 147,306.00 03/01/2021 132,000 14,823.00 146,823.00 03/01/2022 135,000 11,259.00 146,259.00 03/01/2023 139,000 7,614.00 146,614.00 03/01/2024 143,000 3,861.00 146,861.00 1,267,000 195,612.90 1,462,612.90 Jan 6,2014 11:11 am Prepared by FirstSouthwest(earn) (Finance 7.008 Edgewater,FL:2014) Page 3 First Southwest-14P City of Edgewater,Florida Capital Improvement Revenue Note,Series 2014 Estimated BQ Bank as of 12/19/2013 Preliminary/Subject to Change Period Fire Engine Ending YMCA Project Project Vac Con Truck Utility Website Total 03/01/2015 45,680 49,614.50 37,757.60 11,776.80 144,828.90 03/01/2016 45,855 49,719.00 38,073.00 11,565.00 145,212.00 03/01/2017 45,883 50,666.00 38,263.00 12,322.00 147,134.00 03/01/2018 45,884 50,559.00 37,426.00 12,052.00 145,921.00 03/01/2019 45,858 50,425.00 37,589.00 11,782.00 145,654.00 03/01/2020 46,805 50,264.00 37,725.00 12,512.00 147,306.00 03/01/2021 46,698 50,076.00 37,834.00 12,215.00 146,823.00 03/01/2022 46,564 49,861.00 37,916.00 11,918.00 146,259.00 03/01/2023 46,403 50,619.00 37,971.00 11,621.00 146,614.00 03/01/2024 46,215 50,323.00 37,999.00 12,324.00 146,861.00 461,845 502,126.50 378,553.60 120,087.80 1,462,612.90 Jan 6,2014 11:11 am Prepared by FirstSouthwest(aam) (Finance 7.008 Edgewater,FL:2014) Page 5 FirstSouthwest ' City of Edgewater,Florida Capital Improvement Revenue Note,Series 2014 Estimated BQ Bank as of 12/19/2013 Preliminary/Subject to Change Dated Date 03/05/2014 Delivery Date 03/05/2014 First Coupon 09/01/2014 Last Maturity 03/01/2024 Arbitrage Yield 2.700038% True Interest Cost(TIC) 2.700038% Net Interest Cost(NIC) 2.700000% All-In TIC 3.439898% Average Coupon 2.700000% Average Life(years) 5.718 Duration of Issue(years) 5.241 Par Amount 1,267,000.00 Bond Proceeds 1,267,000.00 Total Interest 195,612.90 Net Interest 195,612.90 Total Debt Service 1,462,612.90 Maximum Annual Debt Service 147,306.00 Average Annual Debt Service 146,423.98 Underwriter's Fees(per$1000) Average Takedown Other Fee Total Underwriter's Discount Bid Price 100.000000 Par Average Average PV of 1 bp Bond Component Value Price Coupon Life change Term Loan 2024 1,267,000.00 100.000 2.700% 5.718 1,102.29 1,267,000.00 5.718 1,102.29 All-In Arbitrage TIC TIC Yield Par Value 1,267,000.00 1,267,000.00 1,267,000.00 +Accrued Interest +Premium(Discount) -Underwriter's Discount -Cost of Issuance Expense -47,209.44 -Other Amounts Target Value 1,267,000.00 1,219,790.56 1,267,000.00 Target Date 03/05/2014 03/05/2014 03/05/2014 Yield 2.700038% 3.439898% 2.700038% Jan 6,2014 11:11 am Prepared by FirstSouthwest(aam) (Finance 7.008 Edgewater,FL:2014) Page 2 First Southwest OP City of Edgewater,Florida Capital Improvement Revenue Note,Series 2014 YMCA Project Period Debt Ending Principal Interest Service 03/01/2015 35,000 10,680 45,680 03/01/2016 36,000 9,855 45,855 03/01/2017 37,000 8,883 45,883 03/01/2018 38,000 7,884 45,884 03/01/2019 39,000 6,858 45,858 03/01/2020 41,000 5,805 46,805 03/01/2021 42,000 4,698 46,698 03/01/2022 43,000 3,564 46,564 03/01/2023 44,000 2,403 46,403 03/01/2024 45,000 1,215 46,215 400,000 61,845 461,845 Jan 6,2014 11:11 am Prepared by FirstSouthwest(aam) (Finance 7.008 Edgewater,FL:2014) Page 8 FirstSouthwest 4$' City of Edgewater,Florida Capital Improvement Revenue Note,Series 2014 Fire Engine Project Period Ending Principal Interest Debt Service 03/01/2015 38,000 11,614.50 49,614.50 03/01/2016 39,000 10,719.00 49,719.00 03/01/2017 41,000 9,666.00 50,666.00 03/01/2018 42,000 8,559.00 50,559.00 03/01/2019 43,000 7,425.00 50,425.00 03/01/2020 44,000 6,264.00 50,264.00 03/01/2021 45,000 5,076.00 50,076.00 03/01/2022 46,000 3,861.00 49,861.00 03/01/2023 48,000 2,619.00 50,619.00 03/01/2024 49,000 1,323.00 50,323.00 435,000 67,126.50 502,126.50 Jan 6,2014 11:11 am Prepared by FirstSouthwest(aam) (Finance 7.008 Edgewater,F1:2014) Page 12 First Southwest 011? City of Edgewater,Florida Capital Improvement Revenue Note,Series 2014 Vac Con Truck Period Ending Principal Interest Debt Service 03/01/2015 29,000 8,757.60 37,757.60 03/01/2016 30,000 8,073.00 38,073.00 03/01/2017 31,000 7,263.00 38,263.00 03/01/2018 31,000 6,426.00 37,426.00 03/01/2019 32,000 5,589.00 37,589.00 03/01/2020 33,000 4,725.00 37,725.00 03/01/2021 34,000 3,834.00 37,834.00 03/01/2022 35,000 2,916.00 37,916.00 03/01/2023 36,000 1,971.00 37,971.00 03/01/2024 37,000 999.00 37,999.00 328,000 50,553.60 378,553.60 Jan 6,2014 11:11 am Prepared by FirstSouthwest(aam) (Finance 7.008 Edgewater,FL:2014) Page 16 FirSBOUthweSfigt City of Edgewater,Florida Capital Improvement Revenue Note,Series 2014 Utility Website Project Period Ending Principal Interest Debt Service 03/01/2015 9,000 2,776.80 11,776.80 03/01/2016 9,000 2,565.00 11,565.00 03/01/2017 10,000 2,322.00 12,322.00 03/01/2018 10,000 2,052.00 12,052.00 03/01/2019 10,000 1,782.00 11,782.00 03/01/2020 11,000 1,512.00 12,512.00 03/01/2021 11,000 1,215.00 12,215.00 03/01/2022 11,000 918.00 11,918.00 03/01/2023 11,000 621.00 11,621.00 03/01/2024 12,000 324.00 12,324.00 104,000 16,087.80 120,087.80 Jan 6,2014 11:11 am Prepared by FirstSouthwest(aam) (Finance 7.008 Edgewater,FL:2014) Page 20 +., y >, u C a) s. o L: v p 0 0 on a, = O A J.. ��� = u x rt c 0 o O u , o 7S ;5.1 L1 cH W01 CU C) o Q Oa c/a 0 I Ca D x 0) a { o >, = z•■ Q m a Ln V• > I V 1Z CU ----- W rN.1 W O '' V 1 E•- cn O W U — 2 Z F- W V 4i z Oa O x W Z "� W p F z z a y v> N s N c. 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