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DDA Board Meeting - April 21

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REGULAR BOARD MEETING Downtown Development Authority Tuesday, April 21, 2020 8:30 AM Via Zoom Meeting https://zoom.us/j/715405805 Dial in Number: 1 (929) 436-2866 Meeting ID: 715 405 805

CALL TO ORDER

Robert Sanders

PUBLIC COMMENTS AND QUESTIONS PRESENTATIONS •

Banyan Boulevard Reconstruction

Marketing/PR Update

City of West Palm Beach Tiffany Faublas

CONSENT CALENDAR (Action Required) •

Minutes of Regular Board Meeting March 17, 2020

Financial Statements of March 31, 2020

Robert Sanders

OLD BUSINESS (Action Required) •

Interlocal Agreement Funding of Police Lieutenant

Raphael Clemente

COVID – 19 Economic Development Recovery Assistance Program Update

Raphael Clemente

Clematis Streetscape Update

Raphael Clemente

NEW BUSINESS (Action Required) •

Carryforwards Resolution No. 04-2020

ANNOUNCEMENTS ADJOURNMENT

Ph: 561.833.8873 Fax: 561.833.5870 www.downtownwpb.com

Raphael Clemente


UPCOMING EVENTS • Saturday Soiree (LIVE) Saturday, April 25, 2020 5:30pm - 8:30pm FB Live: https://www.facebook.com/DowntownWPB/live/ More info: https://downtownwpb.com/saturdaysoiree/

• DowntownWPB Coffee Break with 1909 Wednesday, April 22, 2020 Wednesday, April 29, 2020 Wednesday, May 6, 2020 Wednesday, May 13, 2020 2:00pm – 3:00pm More info: https://downtownwpb.com/coffeebreak/

300 Clematis Street, Suite 200, West Palm Beach, FL 33401 Phone: 561.833.8873|Fax: 561.833.5870| www.downtownwpb.com


300 Clematis Street, Suite 200 West Palm Beach, FL 33401 MINUTES Regular Board Meeting Downtown Development Authority March 25, 2020 VIA Teleconference

ATTENDANCE Board Members in attendance included, Chairman Robert Sanders, Esq., Vice Chairman Rick Reikenis, Lisa Gerard, Mary Hurley Lane, William Jacobson, and Cynthia Nalley. DDA staff in attendance included Raphael Clemente, Shelly Williams, Samantha Moore, Catherine Ast, Michelle Barascout, Sherryl Muriente, Tiffany Faublas, and Max Lohman Esq. (Lohman Law Group). Guests in attendance included Chris Roog, Armando Fana, Carey O’Donnell, and Amiekay Richcrick. CALL TO ORDER Chairman Sanders called the meeting to order at 9:06 a.m. PUBLIC COMMENTS No public comments. PRESENTATIONS No presentations. NEW BUSINESS Max Lohman made a motion to reorder the agenda to allow the City of West Palm Beach present the COVID – 19 Economic Development Recovery Assistance Program item first: COVID – 19 Economic Development Recovery Assistance Program Board Action: Reikenis made a motion to move agenda item COVID – 19 Economic Development Recovery Assistance Program to the top of the agenda. Hurley Lane seconded the motion. The motion passed unanimously. To provide support to the Downtown community, staff requests Board approval to allocate funding to the City of West Palm Beach’s Recovery Assistance Program to specifically assist Downtown businesses. Staff seeks approval to work with representatives of Valley National Bank to finalize details of this funding allocation to the Recovery Assistance Program fund for the exclusive use of businesses located within our district boundaries. This loan program has been established with Valley National Bank’s Community Development Financial Institution (CDFI) to provide short-term micro-loans to small businesses impacted by the pandemic. The micro loans are meant to serve as temporary gap financing while awaiting further state and federal assistance. If program goals are attainable, staff proposes an allocation of $50,000 from the DDA’s Seacoast National Bank to the Recovery Assistance Program. To date the City has allocated $259,000 to the program, which applies to qualified businesses city-wide. Armando Fana, Assistant City Administrator and Christopher Roog, Economic Development, reviewed the details of the program with the board.

300 Clematis Street, Suite 200, West Palm Beach, FL 33401 Phone: 561.833-8873|Fax: 561.833.5870| www.downtownwpb.com


Lohman advised that a budget amendment and resolution must be approved to add reserve funds to the general budget. Resolution 03-2020 COVID-19 Economic Development Recovery Assistance Program Budget Amendment was drafted and provided for signature.

Board Action: Reikenis made a motion to approve funding of $50,000 from Reserve Account to the COVID – 19 Economic Development Recovery Assistance Program. Hurley Lane seconded the motion. The motion passed unanimously. CONSENT CALENDAR Minutes of Regular Board Meeting of February 18, 2020 Board Action: Reikenis made a motion to approve the Minutes of February 18, 2020 Regular Board Meeting. Jacobson seconded the motion. The motion passed unanimously. Financial Statements of February 29, 2020 Board Action: Reikenis made a motion to approve the Financial Statements of February 29, 2020. Jacobson seconded the motion. The motion passed unanimously. OLD BUSINESS Clean Team Contract Renewal Ast explained that the Clean Team agreement is due, and staff is requesting approval to renew the contract for 7 months with a not to exceed budget of $90,000. The contract has a one-year renewal option, but any changes must be brought back to the board. Additional services and staffing have been added to this contract including cleaning the Tri Rail station and Waterfront on the City’s behalf. Board Action: Reikenis made a motion to approve the Clean Team Contract Renewal Hurley Lane seconded the motion. The motion passed unanimously. Wayfinding Contract Extension Ast explained the agreement with Don Bell Signs, the contractor doing the Wayfinding, has expired. Staff is asking for a 90-day extension on this contract to complete scope of work and installations. The Goal is completion of graphics and prints by end of March. Completion of installation by end of April. There is no fiscal impact with extending the contract. Board Action: Hurley Lane made a motion to approve the Wayfinding Contract Extension. Gerard seconded the motion. The motion passed unanimously. Blue Line Trolley Route Proposed Changes The DDA and CRA have been in partnership with the PB Outlets for about 5 years' operating the Blue Line. Recently, the DDA and CRA determined that the use of this line for purposes of getting to the Outlets was not cost effective. The CRA and DDA wish to continue the Blue Line trolley with the attached proposed changes of the route. DDA and CRA staff, along with Molly’s Trolleys have selected stops that provide the connection of these communities. Staff is requesting approval for $30,000 for Blue Line Services through the end of this fiscal year. Board Action: Hurley Lane made a motion to approve the Blue Line Trolley Route changes. Reikenis seconded the motion. The motion passed unanimously.

300 Clematis Street, Suite 200, West Palm Beach, FL 33401 Phone: 561.833-8873|Fax: 561.833.5870| www.downtownwpb.com


Audit FY 2018 – 2019 A copy of the 2018-2019 Audited Financial Statements have been provided by Caler, Donten, Levine, Cohen, Porter & Veil, P.A. A copy of which, will be provided electronically. The audit provides an overview of the financial status of the West Palm Beach Downtown Development Authority (DDA) as well as a review of other areas of operations such as fraud detection, risk assessments and the consideration of internal controls. The following recommendations provided by Auditor to improve current processes and procedures the following practices have been implemented. 2018-001 – Bank Reconciliation Approval: All bank reconciliations will be reviewed for any unusual inaccurate or erroneous activity and approved in writing by the Executive Director; 2019-001 – Monthly Lockdown of QuickBooks File: The end of month closing procedure will be password secured and only the Executive Director and the External Accountant will possess the password; 2019-002 – Final Payroll Register: All bi-monthly payroll registers will be reviewed for any unusual inaccurate or erroneous activity and approved in writing by the Executive Director; 2019-003 – Non-Interest-Bearing Account: A review of current banking services will be evaluated. The opinion of Auditor is that the DDA complied, in all material respects with Section 218.415, Florida Statutes, during the year ended September 30, 2019. No action is required. NEW BUSINESS Hospitality Helping Hands 501c3 Clemente explained the mission of Hospitality Helping Hands 501c3 and asked the board if there is interest in supporting the organization. Currently the organization is distributing meals daily at Howley’s and intent on adding another location in Downtown at Kapow. The board is in favor of support and Clemente suggested contributing $20,000 in funding. Lohman explained that funds cannot be distributed outside of the district, we must wait until Downtown location is operating to expend. Board Action: Nalley made a motion to provide $20,000 in funding to Hospitality Helpings Hands 501c3’s Downtown location for COVID – 19 relief efforts. Hurley Lane seconded the motion. The motion passed unanimously. DDA Operations and Response to Coronavirus Impacts Resolution 01-2020 COVID – 19 Emergency Plan Clemente explained Resolution No. 01-2020 allows for the DDA staff to provide continuation of services to the residents and businesses of the district through electronic methods while working remotely to the greatest extent possible. Board Action: Jacobson made a motion to approve Resolution 01-2020 COVID – 19 Emergency Plan. Hurley Lane seconded the motion. The motion passed unanimously. Resolution 02-2020 Mutual Aid Agreement with Florida Division of Emergency Management Clemente explained Resolution No. 02-2020 and supporting documents allow for the coordination and use of DDA resources during the emergency response efforts to the COVID-19 pandemic, and for the DDA to apply for reimbursement of qualified funds related such efforts. Board Action: Hurley Lane made a motion to approve Resolution 02-2020 Mutual Aid Agreement with Florida Division of Emergency Management. Reikenis seconded the motion. The motion passed unanimously. ANNOUNCEMENTS No announcements. Reinkeis asked if our vendors such as Clean Team and Security are being checked for fever. RC stated that our vendors have been asked to monitor themselves.

300 Clematis Street, Suite 200, West Palm Beach, FL 33401 Phone: 561.833-8873|Fax: 561.833.5870| www.downtownwpb.com


Jacobson wanted to know what types of activities should the DDA be thinking about for when businesses are back online. RC stated that the DDA is planning and preparing funding to assist when normal operations resume. Jacobson asked if major upcoming events have been rescheduled. Clemente explained that Sun Fest has cancelled until 2021, Boat show has postponed but not confirmed new dates yet and all city events including Green Market have been cancelled until further notice. ADJOURNMENT There being no further business to discuss, Sanders called for a motion to adjourn. Board Action: Reikenis made a motion to adjourn the meeting at 10:21 a.m. Jacobson seconded the motion. The motion passed unanimously.

300 Clematis Street, Suite 200, West Palm Beach, FL 33401 Phone: 561.833-8873|Fax: 561.833.5870| www.downtownwpb.com


RESOLUTION NO. 03-2020

A RESOLUTION OF THE BOARD OF DIRECTORS OF THE WEST PALM BEACH DOWNTOWN DEVELOPMENT AUTHORITY, AMENDING THE ADOPTED 2019/2020 FISCAL YEAR BUDGET; PROVIDING FOR AN EFFECTIVE DATE AND OTHER PURPOSES. WHEREAS, the West Palm Beach Downtown Development Authority adopted its Final 2019/2020 Fiscal Year Budget on September 17, 2019 by Resolution No. 07-2019; and WHEREAS, the West Palm Beach Downtown Development Authority desires to amend its adopted budget by $50,000. The funding is from prior year’s fund balance which is being carried forward from fiscal year 2018/2019 to fiscal year 2019/2020. These funds were set-aside for contingency purpose and is a part of the First Bank Contingency Account.

WHEREAS, the West Palm Beach Downtown Development Authority ("DDA") Board wishes to authorize the use of that funding to contribute to the City of West Palm Beach COVID19 Economic Recovery Assistance Program; and

WHEREAS, The Downtown Development Authority desires to amend its adopted budget to allocate $50,000 in funding to increase line item 6230 Business Training and Support to provide $50,000 in funding to the City of West Palm Beach COVID-19 Economic Recover Assistance Program. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE WEST PALM BEACH DOWNTOWN DEVELOPMENT AUTHORITY, THAT:

Section 1. The above-stated recitals are true and correct and are incorporated herein by this reference.

Section 2. This Resolution amending the adopted 2019/2020 Fiscal Year Budget shall be attached and made a part of said budget. Section 3.

This Resolution shall become effective immediately upon adoption.


ROBERT SANDERS, CHAIR RICK REIKENIS, VICE CHAIR MARY HURLEY LANE UPENDO SHABAZZ CYNTHIA NALLEY LISA GERARD WILLIAM JACOBSON

AYE NAY ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___ ___

PASSED AND ADOPTED THIS 25th DAY OF MARCH 2020.

WEST PALM BEACH DOWNTOWN DEVELOPMENT AUTHORITY

____________________________________ ROBERT SANDERS, CHAIR

ATTEST: _________________________ CERTIFICATE I the undersigned, Executive Director of the West Palm Beach Downtown Development Authority, do hereby certify that the foregoing is a true and correct copy of the Resolution adopted by said Authority on the 25th day of March 2020. ___________________________________ RAPHAEL CLEMENTE EXECUTIVE DIRECTOR


West Palm Beach Downtown Development Authority FY 2019/2020 Amended Budget March 25, 2020 Resoulution 03-2020 - Exhibit A

4010 4020 4030 4032 4035 4040 4046 4047 4048 4050 4060 4070 4071 4072

Tax Revenues $ TIF DDA/CRA Interlocal Agreement DDA/City Interlocal Agreement CRA Project Funding Marketing/Sponsors/Dues Reimbursements - Physical Environment Reimbursements - Business Devlopment Reimbursements - Marketing & PR Interest - First Bank CityPlace Shuttle Grants Fees/Services Sponsorships Carryforwards Total Revenue $

Business Development 6140 Grand Openings/New Business Training

$

2019-2020 DDA 2,227,505 $ (2,045,520) 0 0 0 0 0 0 0 100 75,000 0 0 0 0 257,085 $

2019-2020 CRA

2019-2020 DDA

2019-2020 CRA -

$

0 4,273,025 0 0 0 0 0 0 0 0 0 0 0 0 4,273,025

6,000

CRA/City Project Fund $

$

CRA Carry Forward DDA Carry Forward

0 0 0 409,500 0 0 0 0 0 0 0 0 0 0 409,500 CRA/City Project Fund

$

$

$

0 0 0 0 0 0 0 0 0 0 0 0 0 854,473 854,473

$

$

0 0 0 0 0 0 0 0 0 0 0 0 0 407,469 407,469

$

$

Grand Total

CRA Carry Forward DDA Carry Forward

-

$

12,000

$

-

Grand Total 2,227,505 (2,045,520) 4,273,025 0 409,500 0 0 0 0 100 75,000 0 0 0 1,261,942 6,201,552

$

18,000

6195 Leasing/Brokers Meetings

0

14,000

0

2,000

0

16,000

6230 Business Training and Support

0

40,000

0

0

50,000

90,000

6240 Faรงade Improvement Programs

0

70,000

0

85,000

0

155,000

6320 Property & Business Incentives

0

150,000

0

50,000

0

200,000

6330 Business Partnerships

0

55,000 335,000

0

20,000 169,000

257 50,257

75,257 554,257

Totals

$

-

$

$

-

$

$

$


West Palm Beach Downtown Development Authority FY 2019/2020 Amended Budget March 25, 2020 Resoulution 03-2020 - Exhibit A Public Realm Maintenance 6220 Holiday Lights 6236 Pressure Washing, Cleaning & Maintenance 6245 6270 6280 6290 6295

2019-2020 DDA $

0

Signage and Pedestrial Wayfinding Landscape Maintenance Graffitti Removal Capital Projects Clean Team

0 0 0 0 0 0

Totals

6120 6122 6190 6210 6235 7700 6300

Marketing /Public Relations Advertising PR/Marketing Retail Promotions Community and Cultural Promotions Value Added Events Marketing Programs, Equipment & Web Collateral Materials

$

0 240,000 25,000 0 90,000 735,000

2019-2020 DDA $

-

Neighborhood Services Residential Programming Community Engagement Transportation (Trolley) Security and Policing Public Space Programs Homeless Outreach Totals $

2019-2020 DDA 11,000 0 75,000 0 0 0 86,000

$ $

25,000

CRA Carry Forward 59,973 48,500

$

0 81,500 0 0 0 106,500

15,000 0 10,000 150,000 20,000 303,473

CRA/City Project Fund $ -

$

CRA/City Project Fund

$

2019-2020 CRA 20,000 30,000 432,332 450,369 20,000 30,000 982,701

$

-

CRA/City Project Fund

2019-2020 CRA 391,564 185,000 25,000 60,000 127,000 100,000 75,000 963,564

0 0 0 0 0 0 Totals $

6372 6375 7500 7600 7605 7610

$

2019-2020 CRA 80,000 300,000

$

$

0 0 85,000 0 0 0 85,000

0 0 190,000 15,000 0 0 205,000

$

CRA Carry Forward $ -

$

0 0 20,000 8,000 75,000 0 103,000

DDA Carry Forward $

$

0 0 0 0 0 -

$ DDA Carry Forward $ -

$

$

$

$

Grand TOTAL 31,000 34,000 772,332 615,369 70,000 75,000 1,597,701

DDA Carry Forward

$

0 0 0 0 0 45,000 45,000

15,000 321,500 35,000 150,000 110,000 1,144,973 Grand TOTAL 391,564 185,000 25,000 165,000 135,000 175,000 75,000 1,151,564

$ 0 0 0 0 0 0 -

$

CRA Carry Forward 0 4,000 75,000 150,000 50,000 0 279,000

0

Grand TOTAL 139,973 373,500


West Palm Beach Downtown Development Authority FY 2019/2020 Amended Budget March 25, 2020 Resoulution 03-2020 - Exhibit A

6010 6040 6030 6050

6420 6430 6440 6450 6460

6241 6510 6520 6530 6540

General Office General Office Equipment, Computers & Programs General Postage Office Supplies

2019-2020 DDA $

Totals $

Totals $

2019-2020 DDA 16,000 7,000 3,000 300 0 26,300

Personnel Insurance Rent Tax Collection Travel & Training Reserves

$

$

$

Totals $ Total Expenses

24,000 0 27,000 0 51,000 2019-2020 DDA 60,490 0 16,795 16,500 0 0 93,785 257,085

CRA/City Project Fund $

$

2019-2020 CRA

$

0 0 0 0 9,000 9,000

$

2019-2020 CRA 31,631 0 25,000 0 91,914 148,545

2019-2020 DDA

Totals $

7000 7100 7200 7300 7800 7900

$ 0 0 0 -

Operations Dues Hospitality Board Meetings/Retreat/Training Publications Telephone

Professional Services Studies and Surveys Accounting Audit Legal Professional Services

-

2019-2020 CRA 50,000 78,000 9,500 0 137,500

$

$

2019-2020 CRA 781,510 27,000 133,205 0 20,000 961,715 4,273,025

CRA Carry Forward

0 13,000 0 13,000

$

$

$

$

CRA/City Project Fund

$

0 0 0 0 0

$

$

409,500

$

0 0 0 0 -

$

CRA Carry Forward

$

$

$

Grand TOTAL 16,000 7,000 3,000 300 9,000 35,300

$ $

Grand TOTAL 31,631 24,000 25,000 27,000 91,914 199,545

$

DDA Carry Forward 0 0 0 0 -

$

0 0 0 0 0 -

$

CRA Carry Forward 0 0 0 0 -

0 0 0 -

Grand TOTAL 50,000 78,000 22,500 0 150,500

DDA Carry Forward 0 0 0 0 0 -

$

CRA/City Project Fund $

$

CRA Carry Forward 0 0 0 0 0 -

$

0 0 0 -

$

CRA/City Project Fund

DDA Carry Forward

DDA Carry Forward 0 0 0

0 854,473

$

$

0 0 0 0 312,212 312,212 407,469

$

$

Grand TOTAL 842,000 27,000 150,000 16,500 20,000 312,212 1,367,712 6,201,552


WEST PALM BEACH DDA BUDGET TRANSFER/AMENDEMENT FY 20 Budget Amendment #1 DDA CLASS REVENUES Carryforward

DDA

ACCT NO.

4210

Net increase/decrease

EXPENDITURES Business Training and Support Net increase/decrease

DDA

6230

DDA BUDGET BEFORE TRANSFER

TRANSFER AMENDMENT

DDA BUDGET AFTER TRANSFER

357,469

50,000

407,469 0

50,000

0

357,469

50,000

407,469

50,000

0

0

50,000

50,000

0

50,000 0

50,000

50,000 0 50,000

0 0 0

DDA

CRA


West Palm Beach Downtown Development Authority Balance Sheet March 31, 2020 ASSETS Current Assets

PNC Bank Operating Seacoast Bank - Money Market Petty Cash

5,410,269 208,771 50

Total Current Assets Other Assets Lease Security Deposit

5,619,090

23,000

Total Other Assets

23,000

Total Assets

5,642,090

CURRENT LIABILITIES

Due to Lincoln National Vision Premium Payable Flexible Spending Withholding Suppl Med Ins. Premium Payable

(1,286) 81 (376) 380 (1,201)

FUND BALANCE

Fund Balance Net Income

3,004,478 2,638,813

Total Fund Balance

5,643,291

Total Liabilities and Fund Balance

5,642,090

DDA/CRA Interlocal No CPA provides any assurance on these financial statements.


West Palm Beach Downtown Development Authority Statement of Revenues And Expenditures March 31, 2020 Month

Current Year Revenues - Schedule 1 Expenditures Business Development - Schedule 2 Public Realm Maintenance - Schedule 3 Marketing/Public Relations- Schedule 4 Neighborhood Services - Schedule 5 General Office - Schedule 6 Operations - Schedule 7 Professional Services - Schedule 8 Total Personnel Expense Insurance Expense Rent Expense Tax Collection Travel and Training Reserves Total Expenditures

Current Year Surplus (Deficit) DDA Carryforward CRA Carryforward

Total Carry Forwards Net Total Surplus (Deficit)

Year-to-Date

Trolley Gross Annual

Budget

Work Plan

Services

Marketing

Security

Incentives

Budget

%

Y-T-D

Y-T-D

Y-T-D

Y-T-D

Y-T-D

622,332

465,369

150,000

27,483

4,781,394

4,939,610

96.8%

2,495,129

4,087 47,809 24,798 95,734 2,123 1,756 40,177 75,429 305 11,991 3,736 478 0 308,423

168,542 431,248 282,160 539,461 36,885 13,499 114,094 425,749 30,390 84,101 10,107 6,347 0 2,142,583

504,257 1,144,973 1,151,564 1,597,701 150,500 35,300 199,545 842,000 27,000 150,000 16,500 20,000 312,212 6,151,552

33.4% 37.7% 24.5% 33.8% 24.5% 0.0% 57.2% 50.6% 112.6% 56.1% 61.3% 31.7% 0.0% 34.8%

58,222 431,248 0 57,449 36,885 13,499 114,094 425,749 30,390 84,101 10,107 6,347

(280,940)

2,638,811

(1,211,942)

0 1,846 1,846 (279,094)

9,000 546,952 555,952

357,469 854,473 1,211,942

3,194,763

0

2.5% 64.0% 0.0%

1,048,564

110,320 282,160 281,710

200,302

1,268,091

281,710

282,160

200,302

110,320

1,227,038

340,622

766,404

265,067

39,680

9,000 209,406 218,406

75,000 75,000

0 62,546 62,546

0 150,000 150,000

0 50,000 50,000

1,445,444

415,622

828,950

415,067

89,680

No CPA provides any assurance on these financial statements.


West Palm Beach Downtown Development Authority Supplemental Schedules

-

March 31, 2020 SCHEDULE 1 - CURRENT YEAR REVENUES Current Year Revenues Tax Revenues TIF DDA/City Interlocal Agreement DDA/CRA Interlocal CRA Project Funding Interest Income Brightline Ticket Sales Revenue Sponsorships Fees and Services Grants and Contributions Total Reimbursements Other Miscellaneous Income CityPlace Shuttle Total Current Year Revenues

Gross

Month

Year-to-Date

Trolley

Annual

Budget

Work Plan

Services

Marketing

Security

Incentives

Budget

%

Y-T-D

Y-T-D

Y-T-D

Y-T-D

Y-T-D

432,332 190,000

963,564 85,000

450,369 15,000

150,000

1,048,564

465,369

150,000

22,342 0 5,000 0 0 141 0 0 0 0 0 0 0

2,122,136 (2,045,520) 20,000 4,273,025 409,500 1,217 797 0 239 0 0 0 0

2,227,505 (2,045,520) 0 4,273,025 409,500 100 0 0 0 0 0 0 75,000

27,483

4,781,394

4,939,610

95.3% 100.0% 0.0% 100.0% 100.0% 1217.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 96.8%

2,122,136 (2,045,520) 20,000 2,276,760 119,500 1,217 797 0 239 0 0 0 0 2,495,129

No CPA provides any assurance on these financial statements.

0 622,332


West Palm Beach Downtown Development Authority Supplemental Schedules March 31, 2020 Gross Month

SCHEDULE 2 - BUSINESS DEVELOPMENT Property and Buss Incentives Facade Improvements Leasing/Brokers Meeting Total Business Training and Support Business Partnerships Grand Open/New Business

Year-to-Date

Trolley

Annual

Budget

Work Plan

Services

Marketing

Security

Incentives

Budget

%

Y-T-D

Y-T-D

Y-T-D

Y-T-D

Y-T-D

0 0 0 4,087 0 0

110,320 3,485 0 33,944 17,100 3,693

200,000 155,000 16,000 40,000 75,257 18,000

55.2% 2.2% 0.0% 84.9% 22.7% 20.5%

3,485 0 33,944 17,100 3,693

4,087

168,542

504,257

33.4%

58,222

SCHEDULE 3 - PUBLIC REALM MAINTENANCE Pressure Washing/Street Clean 29,817 Clean Team 0 Graffitti Maintenance 1,000 Landscape Maintenance 16,992 Holiday Lights 0 Signage & Pedestrial Wayfinding 0 Capital Projects/Alleys 0

168,804 19,770 7,530 81,611 119,659 33,874 0

373,500 110,000 35,000 321,500 139,973 15,000 150,000

45.2% 18.0% 21.5% 25.4% 85.5% 225.8% 0.0%

168,804 19,770 7,530 81,611 119,659 33,874 0

Total Physical Environment

431,248

1,144,973

37.7%

431,248

Total Business Development

47,809

110,320

No CPA provides any assurance on these financial statements.

0

0

0

110,320

0

0

0

0


West Palm Beach Downtown Development Authority Supplemental Schedules March 31, 2020 Gross Month

SCHEDULE 4 - MARKETING/PR Collateral Materials

Year-to-Date

Trolley

Annual

Budget

Work Plan

Services

Marketing

Security

Incentives

Budget

%

Y-T-D

Y-T-D

Y-T-D

Y-T-D

Y-T-D

4,259 6,350 0 3,063 4,785 72 6,269

9,453 46,210 4,493 41,513 86,024 34,546 59,921

75,000 185,000 25,000 135,000 391,564 175,000 165,000

12.6% 25.0% 18.0% 30.8% 22.0% 19.7% 36.3%

24,798

282,160

1,151,564

24.5%

0

9,000 281,710 200,302 30,355 8,514 9,580

75,000 772,332 615,369 70,000 34,000 31,000

12.0% 36.5% 32.5% 43.4% 25.0% 30.9%

9,000

Residential Programming

0 49,785 43,925 774 250 1,000

30,355 8,514 9,580

Total Res. Services/Quality of Life

95,734

539,461

1,597,701

33.8%

57,449

PR/Marketing

Retail Promotion Value Added Events Advertising and Promotion Marketing Programs

Community & Cultural Promotion Total Marketing/PR

9,453 46,210 4,493 41,513 86,024 34,546 59,921 0

282,160

0

0

SCHEDULE 5 -NEIGHBORHOOD SERVICES Homeless Outreach

Transportation Security and Policing Public Space Programs Community Engagement

281,710 200,302

No CPA provides any assurance on these financial statements.

281,710

0

200,302

0


West Palm Beach Downtown Development Authority Supplemental Schedules March 31, 2020 Gross Month

SCHEDULE 6 - GENERAL OFFICE General Office Expense

Year-to-Date

Trolley

Annual

Budget

Work Plan

Services

Marketing

Security

Incentives

Budget

%

Y-T-D

Y-T-D

Y-T-D

Y-T-D

Y-T-D

Equipment, Computers, Programs

719 0 1,404

3,527 233 33,125

50,000 22,500 78,000

7.1% 1.0% 42.5%

3,527 233 33,125

Total General Office

2,123

36,885

150,500

24.5%

36,885

Telephone Expense

500 0 297 158 11 790

3,000 3,648 3,023 351 188 3,289

0 16,000 7,000 3,000 300 9,000

0.0% 22.8% 43.2% 11.7% 62.7% 36.5%

3,000 3,648 3,023 351 188 3,289

Total Operations

1,756

13,499

35,300

38.2%

13,499

General Postage

SCHEDULE 7 - OPERATIONS Automobile Expense Dues Hospitality Board Meeting Publications

No CPA provides any assurance on these financial statements.

0

0

0

0

0

0

0

0


West Palm Beach Downtown Development Authority Supplemental Schedules March 31, 2020 Gross Month

SCHEDULE 8 - PROFESSIONAL SERVICES Accounting Professional Service Audit Studies and Surveys Legal Total Professional Services

Year-to-Date

Trolley

Annual

Budget

Work Plan

Services

Marketing

Security

Incentives

Budget

%

Y-T-D

Y-T-D

Y-T-D

Y-T-D

Y-T-D

2,000 6,027 12,150 20,000 0

10,000 24,650 22,500 53,000 3,944

24,000 91,914 25,000 31,631 27,000

41.7% 26.8% 90.0% 167.6% 14.6%

10,000 24,650 22,500 53,000 3,944

40,177

114,094

199,545

57.2%

114,094

Some rounding error may occur.

No CPA provides any assurance on these financial statements.

0

0

0

0


MEMO To:

DDA Board

Bob Sanders, Chairman Rick Reikenis, Vice Chairman Mary Hurley Lane Upendo Shabazz Cynthia Nalley Lisa Gerard William Jacobson

From: Raphael Clemente, Executive Director RE:

Entertainment District Command Position Agreement

Date:

Tuesday, April 21st, 2020

Attached to this memo please find the proposed Interlocal Agreement between the City of West Palm Beach and the DDA defining responsibilities and outcomes of the Entertainment District Command Lieutenant position that will be funded this year by an allocation from the DDA’s budget. Staff seeks board approval to execute this agreement.

300 Clematis Street, Suite 200, West Palm Beach, FL 33401 Ph: 561.833.8873 Fax: 561.833.5870 * DowntownWPB.com


INTERLOCAL AGREEMENT BETWEEN THE CITY OF WEST PALM BEACH AND THE WEST PALM BEACH DOWNTOWN DEVELOPMENT AUTHORITY REGARDING FUNDING OF POLICE LIEUTENANT FOR THE DOWNTOWN ENTERTAINMENT DISTRICT City Res. No. 68-20 Contract No. 25118

THIS INTERLOCAL AGREEMENT (the “Agreement”) by and between the CITY OF WEST PALM BEACH, a municipal corporation organized under the laws of the State of Florida (the “City”) and WEST PALM BEACH DOWNTOWN DEVELOPMENT AUTHORITY, an independent special district established under the laws of the State of Florida, whose address is 301 Clematis Street, Suite 200, West Palm Beach, Florida 33401-5322 (the “DDA”); WHEREAS, it is the purpose and intent of this Agreement, the parties hereto, and the Florida Interlocal Cooperation Act of 1969, as amended, to permit the City and the DDA to make the most efficient use of their respective powers, resources and capabilities by enabling them to cooperate on the basis of mutual advantage and provide a means by which the parties may exercise their respective powers, privileges and authorities that they share in common and that each might exercise separately; and WHEREAS, the City, CRA and Downtown Development Authority have identified a need for an additional full-time police lieutenant to work within the boundaries of the Downtown Entertainment District; and WHEREAS, the DDA has requested that in addition to the City’s current police coverage that the City hire an additional police lieutenant to work in the Downtown Entertainment District; and WHEREAS, City desires to provide the requested services in the downtown area; and WHEREAS, the DDA has agreed to fund a portion of the position; and WHEREAS, the parties wish to enter into this Interlocal Agreement and to set forth the terms and conditions of their Agreement. NOW, THEREFORE, in consideration of the mutual covenants and promises hereinafter contained to be kept and performed by the parties hereto, and for the mutual benefit of both DDA and City, and each of their respective constituents, it is agreed as follows: SECTION 1: 1.1

The recitals set forth above are incorporated herein and made a part of this Agreement.

SECTION 2: 2.1

INCORPORATION OF RECITALS

TERM OF AGREEMENT

This Agreement shall become effective upon its execution by all parties.

25118 City/DDA – Police Lieutenant--Downtown 2.25.20

1


2.2

This Agreement shall remain effective for one year from the date of execution of this document or until the City and DDA’s obligations hereunder have been satisfied, and while funding is available, unless terminated as provided in this Agreement.

2.3

Should any party fail to perform its respective obligations under this Agreement may be terminated by written notice to the defaulting party from the other party.

2.4

This Agreement is expressly conditioned upon the availability of funds lawfully appropriated and available for the purposes and Project(s) identified in this Agreement by each party. If funding for this Agreement is in multiple fiscal years, funds must be appropriated each year by each party, prior to costs being incurred. Nothing in this paragraph shall prevent the making of contracts with a term of more than one year, but any contract so made shall be executory only for the value of the services to be rendered or paid for in succeeding fiscal years. In the event funds to finance this Agreement become unavailable, the funding party may terminate this Agreement upon no less than twenty-four (24) hours’ notice to the other party

SECTION 3: DDA’s FUNDING OBLIGATIONS 3.1

DDA agrees to provide funding in the amount of One Hundred Thousand Dollars ($100,000.00) towards the hiring of an additional police lieutenant to work in the Downtown Entertainment District.

3.2

The DDA agrees to provide such funding upon the full execution of this Agreement.

3.3

The DDA covenants that DDA will budget and appropriate sufficient funds to pay the funding obligation under this Agreement.

3.4

The DDA hereby ascertains, determines, declares and finds the payment of amounts due under this Agreement is needed to further the goals of the DDA and to promote the DDA’s goals in the Downtown area.

SECTION 4: CITY’S OBLIGATIONS 4.1 4.2 4.3

The City shall timely take all actions necessary to provide an additional full-time police lieutenant to the Downtown Entertainment District Unit for a period of one year commencing on March 23, 2020. The Downtown Entertainment District Commander will provide weekly reports on law enforcement activities in the Downtown District including incidents related to residential quality of life, nightlife establishments, and impacts of homelessness and vagrancy. The Downtown Entertainment District Commander will advise DDA staff and board on potential steps that can be taken and/or programs that can be implemented to help reduce crime within the Downtown District.

SECTION 5: FUNDS 5.1

The DDA and the City hereby ascertain, determine, declare and find that the funding of the additional police services under this Agreement is needed to further the mutual goals of the City and the DDA and to promote the specific goals of safety in the Downtown area.

25118 City/DDA – Police Lieutenant--Downtown 2.25.20

2


SECTION 6: BOOKS AND RECORDS 6.1

The City shall maintain books, records and documents in accordance with accounting procedures and practices which sufficiently and properly reflect all costs incurred under this Agreement.

6.2

Each party shall retain all such records related to this Agreement in proper order for at least five (5) years following expiration of this Agreement. Each party shall have access to such records, for the purposes of inspection and audit, during this five (5) year period. This Section shall survive the expiration or termination of this Agreement.

SECTION 7: 7.1

GENERAL PROVISIONS

Assignment. This Agreement may not be assigned or transferred.

7.2 Notices. Any notices required by this Agreement shall be in writing and shall be (as elected by the party giving such notice) hand delivered by messenger, or alternatively, may be sent by U.S. certified mail, return receipt requested. Notices shall be provided to the following: As to the City: City of West Palm Beach City Hall – 401 Clematis Street (33401) Post Office Box 3366 West Palm Beach, Florida 33402-3366 Attention: City Administrator with a copy to: West Palm Beach City Attorney’s Office City Hall – 401 Clematis Street (33401) P.O. Box 3366 West Palm Beach, Florida 33402-3366 As to the DDA: West Palm Beach Downtown Development Authority 301 Clematis Street, Suite 200 West Palm Beach, Florida 33401-5322 Attention: Executive Director With a copy to: R. Max Lohman, Jr. 601 Heritage Drive Suites 232-232A Jupiter, Florida 33458 The effective date of any notice shall be the date of delivery of the notice if by personal delivery (provided a receipt is obtained), courier service (provided a receipt is obtained) or prepaid overnight delivery service; or, if mailed, upon the date which the return receipt is signed or delivery is refused, or the notice is designated by the postal authorities as nondeliverable, as the case may be.

25118 City/DDA – Police Lieutenant--Downtown 2.25.20

3


7.3

Liability. No party shall be deemed to assume any liability for the negligent or wrongful acts or omissions of another party. Nothing contained herein shall be construed as a waiver by a party of the liability limits established in Section 768.28 of the Florida Statutes. Liability for injury to personnel and the loss or damage of equipment shall be borne by the party employing such personnel or owning such equipment.

7.4

Non-Discrimination. The parties agree no person shall on the grounds of race, color, religion, sex, gender identity or expressions, genetic information, national origin, age, disability, familial status, marital status or sexual orientation be excluded from the benefits of or be subjected to any form of discrimination under any activity carried out by the performance of this Agreement.

7.5

No General Obligation. Nothing contained in this Agreement shall constitute or create a lien or be construed or deemed to constitute or create a lien, either legal or equitable, on any of the City’s or the DDA’s revenues or funds. No person shall ever have the right to compel any exercise of the ad valorem taxing power of the City to make the payments herein provided against any property of the City or the DDA, nor shall this Agreement constitute a charge, lien or encumbrance, either legal or equitable, upon any property or funds of the City or the DDA, except as expressly herein provided.

7.6

Filing. This Agreement shall be filed with the Clerk of the Circuit Court of Palm Beach County, Florida, as required by Section 163.01(11), Florida Statutes.

7.7

No Third Party Rights. This Agreement is solely for the benefit of the City and the DDA and no third party shall be deemed to have any rights hereunder.

7.8

Waiver. It is hereby agreed to by the parties that no waiver of breach of any of the covenants or provisions of this Agreement shall be construed to be a waiver of any succeeding breach of the same or any covenant.

7.9

Entire Agreement. This Agreement expresses the entire agreement of the parties, and no party shall be bound by any promises or representations, verbal or written, made prior to the date hereof which are not incorporated herein. (SIGNATURES ON FOLLOWING PAGE)

25118 City/DDA – Police Lieutenant--Downtown 2.25.20

4


IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date set forth below. CITY OF WEST PALM BEACH ATTEST: City Clerk

By:

Keith A. James, Mayor

Date: __________________________, 2020 CITY ATTORNEY’S OFFICE Approved as to form and legality By: ______________________ WEST PALM BEACH DOWNTOWN DEVELOPMENT AUTHORITY Attest:______________________________ Raphael Clemente, Executive Director

By:__________________________________ Robert Sanders, Chair

DDA General Counsel Approved as to form and legal sufficiency By:_______________________ R. Max Lohman, Esq.

25118 City/DDA – Police Lieutenant--Downtown 2.25.20

Date:

, 2020.

5


MEMO To:

DDA Board Bob Sanders, Chairman Rick Reikenis, Vice Chairman Mary Hurley Lane Upendo Shabazz Cynthia Nalley Lisa Gerard Bill Jacobson

From: Raphael Clemente, Executive Director RE:

COVID-19 Economic Development Recovery Assistance Program

Date: Tuesday, April 21, 2020 The business assistance loan program that has been established with Valley National Bank’s Community Development Financial Institution (CDFI) to provide short-term micro-loans to small businesses impacted by the pandemic has received dozens of applications to date. These applications are in the process of being approved and funds will be disbursed to those businesses that have been approved. Within the Downtown District, at the time of this memo, there are 15 applications. Staff has identified an additional $100,000 within our budget that can be reallocated to provide much needed funding for the COVID-19 business assistance program. Staff is requesting board approval to reallocate these funds for use in the business assistance loan program. As with the initial $50,000 allocation, these funds are restricted for the use of businesses with the DDA district. In addition to this funding request, staff will present options for providing resources and programs outside of the business assistance loan program. These options will be presented during the board meeting for discussion.

300 Clematis Street, Suite 200, West Palm Beach, FL 33401 Ph: 561.833.8873 Fax: 561.833.5870 * DowntownWPB.com


MEMO To:

DDA Board Bob Sanders, Chairman Rick Reikenis, Vice Chairman Mary Hurley Lane Upendo Shabazz Cynthia Nalley Lisa Gerard William Jacobson

From: Raphael Clemente, Executive Director RE:

Resolution 4-2019 Carryforward Budget and Amendments

Date: Tuesday, April 21, 2020

As we wrap up the annual audit process, remaining funding from Fiscal Year 2018/2019 will be brought forward by Resolution No. 04-2019 as attached. This resolution will also reallocate funding to meet operational needs for the remainder of the year as described below. The overall CRA budgeted carryforward is increased by $1,370,375 which will be allocated to the following line items to cover programing in the following line items. CRA

Business Training and Support Property and Business Incentives Pressure Washing, Cleaning & Maintenance Signange and Pedestrial Wayfinding Landscape Maintenance Advertising Retail Promotions Community and Cultural Programs Security and Policing Studies an Surveys Reserves Net increase/decrease

CLASS CRA CRA CRA CRA CRA CRA CRA CRA CRA CRA CRA

ACCT NO. 6230 6320 6236 6245 6270 6120 6190 6210 7600 6241 7900

CRA BUDGET CRA BUDGET BEFORE TRANSFER AFTER TRANSFER AMENDMENT TRANSFER 40,000 300,000 340,000 200,000 300,000 500,000 373,500 50,000 423,500 15,000 202,017 217,017 321,500 50,000 371,500 391,564 10,000 401,564 25,000 35,000 60,000 165,000 5,000 170,000 615,369 100,000 715,369 31,631 57,322 88,953 0 261,036 261,036 2,178,564 1,370,375 3,548,939

300 Clematis Street, Suite 200, West Palm Beach, FL 33401 Ph: 561.833.8873 Fax: 561.833.5870 * DowntownWPB.com


The overall DDA budgeted carryforward is increased by 258,743 which will be allocated to the following line items to cover programming in the following line items. DDA

Business Training and Support - 12x12 Landscape Maintenance Advertising Business Partnerships Business Training and Support Community and Cultural Collateral Materials Transportation (Trolley) Homeless Outreach Professional Services Personnel Reserves Net increase/decrease

CLASS DDA DDA DDA DDA DDA DDA DDA DDA DDA DDA DDA DDA

ACCT NO. 6230-01 6270 6120 6330 6230 6210 6300 7500 7610 6540 7000 7900

DDA BUDGET DDA BUDGET BEFORE TRANSFER AFTER TRANSFER AMENDMENT TRANSFER 0 96,276 96,276 0 48,600 48,600 0 120,596 120,596 0 1,000 1,000 50,000 50,000 100,000 0 30,000 30,000 0 108,873 108,873 0 3,523 3,523 45,000 10,000 55,000 0 50,000 50,000 60,490 48,000 108,490 312,212 (308,125) 4,087 467,702 258,743 726,445

Attached you will find the budget transfer amendment to fund these increases as well as the final amended budget that includes the carryforward funding and amendments.

300 Clematis Street, Suite 200, West Palm Beach, FL 33401 Ph: 561.833.8873 Fax: 561.833.5870 * DowntownWPB.com


RESOLUTION NO. 04-2020 A RESOLUTION OF THE WEST PALM BEACH DOWNTOWN DEVELOPMENT AUTHORITY AMENDING THE ADOPTED 2019/2020 FISCAL YEAR BUDGET; PROVIDING AN EFFECTIVE DATE AND FOR OTHER PURPOSES. WHEREAS, the West Palm Beach Downtown Development Authority adopted its Final 2019/2020 Fiscal Year Budget on September 17, 2019 by Resolution No. 7-2019; and WHEREAS, the Downtown Development Authority desires to amend its adopted budget to adjust the final carry forward amount from the 2018/2019 Fiscal Year DDA Budget and to allocate those funds for specific purposes as outlined in Exhibit A Amended Carryforward Budget to meet forecasted financial obligations in Fiscal Year 2019/2020 NOW, THEREFORE, BE IT RESOLVED BY THE WEST PALM BEACH DOWNTOWN DEVELOPMENT AUTHORITY THAT: Section 1: The recitals set forth above are true and correct and are incorporated herein and are a part hereof by this reference. Section 2: This Resolution amending the adopted 2019/2020 Fiscal Year Budget shall be attached to and made a part of said budget. Section 3:

This Resolution shall take effect immediately upon adoption.

PASSED AND ADOPTED THIS 21st day of April 2020. DOWNTOWN DEVELOPMENT AUTHORITY ________________________________________ ROBERT SANDERS, ESQ., CHAIRMAN ATTEST: CERTIFICATE I the undersigned, Executive Director of the West Palm Beach Downtown Development Authority, do hereby certify that the foregoing is a true and correct copy of the Resolution adopted by said Authority on the 21st day of April 2020. ___________________________________ RAPHAEL CLEMENTE EXECUTIVE DIRECTOR


West Palm Beach Downtown Development Authority FY 2019/2020 Amended Carryforward Budget April 21, 2020 Resolution No. 04-2020 Exhibit A

4010 4020 4030 4032 4035 4040 4046 4047 4048 4050 4060 4070 4071 4072 4080

Tax Revenues TIF DDA/CRA Interlocal Agreement DDA/City Interlocal Agreement CRA Project Funding Marketing/Sponsors/Dues Reimbursements - Physical Environment Reimbursements - Business Devlopment Reimbursements - Marketing & PR Interest - First Bank Rosemary Square MOU Grants Fees/Services Sponsorships Virgin Trains USA Ticket Sales Carryforwards

$

Total Revenue $

2019-2020 DDA 2,227,505 $ (2,045,520) 0 68,600 0 0 0 0 0 100 135,000 0 0 0 1,000 0 386,685

$

2019-2020 DDA

2019-2020 CRA

CRA/City Project Fund

CRA Carry Forward DDA Carry Forward

0 4,273,025 0 0 0 0 0 0 0 0 0 0 0 0 0

$

0 0 0 409,500 0 0 0 0 0 0 0 0 0 0 0

$

0 0 0 0 0 0 0 0 0 0 0 0 0 0 2,224,848

$

0 0 0 0 0 0 0 0 0 0 0 0 0 0 536,612

$

4,273,025

$

409,500

$

2,224,848

$

536,612

$

2019-2020 CRA

CRA/City Project Fund

Grand Total 2,227,505 (2,045,520) 4,273,025 68,600 409,500 0 0 0 0 100 135,000 0 0 0 1,000 2,761,460 7,830,670 Grand Total

CRA Carry Forward DDA Carry Forward

6140

Business Development Grand Openings/New Business Training

6195

Leasing/Brokers Meetings

0

14,000

0

2,000

0

16,000

6230

Business Training and Support

0

40,000

0

300,000

100,000

440,000

$

6230-01 Business Training and Support - 12x12 6240

Faรงade Improvement Programs

6320

Property & Business Incentives

6330

Business Partnerships Totals

$

-

$

6,000

$

-

$

12,000

$

-

$

18,000

20,000

0

0

0

76,276

96,276

0

70,000

0

85,000

0

155,000

0

150,000

0

350,000

0

500,000

1,000 21,000

55,000 335,000

0

20,000 769,000

257 176,533

76,257 1,301,533

$

$

-

$

$

$


West Palm Beach Downtown Development Authority FY 2019/2020 Amended Carryforward Budget April 21, 2020 Resolution No. 04-2020 Exhibit A 2019-2020 DDA

2019-2020 CRA 80,000

CRA/City Project Fund $

-

300,000

$

CRA Carry Forward 59,973

DDA Carry Forward

Grand TOTAL 139,973

6220

Public Realm Maintenance Holiday Lights

6236

Pressure Washing, Cleaning & Maintenance

0

25,000

98,500

0

6245

Signage and Pedestrial Wayfinding

0

0

0

217,017

0

217,017

6270

Landscape Maintenance

48,600

240,000

81,500

50,000

0

420,100

6280

Graffitti Removal

0

25,000

0

10,000

0

35,000

6290

Capital Projects

6295

Clean Team

$

Totals

6120 6122 6190 6210 6235 7700 6300

6372 6375 7500 7600 7605 7610

Marketing /Public Relations Advertising PR/Marketing Retail Promotions Community and Cultural Promotions Value Added Events Marketing Programs, Equipment & Web Collateral Materials

-

$

423,500

0

0

0

150,000

0

150,000

90,000 735,000

0 106,500

20,000 605,490

0 -

110,000 1,495,590

Totals $

Totals $

2019-2020 DDA 11,000 0 75,000 0 0 0 86,000

Neighborhood Services Residential Programming Community Engagement Transportation (Trolley) Security and Policing Public Space Programs Homeless Outreach

-

0 48,600 2019-2020 DDA 60,000 0 0 0 0 0 0 60,000.00

$

$

$

$

$

CRA/City Project Fund $ -

$

2019-2020 CRA 391,564 185,000 25,000 60,000 127,000 100,000 75,000 963,564

CRA/City Project Fund

$

2019-2020 CRA 20,000 30,000 432,332 450,369 20,000 30,000 982,701

$

$

$

0 0 85,000 0 0 0 85,000

0 0 190,000 15,000 0 0 205,000

$

$

CRA Carry Forward $ 10,000 0 35,000 25,000 8,000 75,000 0 $ 153,000

DDA Carry Forward $ 60,596 0 0 30,000 0 0 108,873 $ 199,469

CRA Carry Forward

DDA Carry Forward

$

0 4,000 75,000 250,000 50,000 0 379,000

$

0 0 3,523 0 0 55,000 58,523

$

$

Grand TOTAL 522,160 185,000 60,000 200,000 135,000 175,000 183,873 1,461,033

$

Grand TOTAL 31,000 34,000 775,855 715,369 70,000 85,000 1,711,224

$


West Palm Beach Downtown Development Authority FY 2019/2020 Amended Carryforward Budget April 21, 2020 Resolution No. 04-2020 Exhibit A

6010 6040 6030 6050

6420 6430 6440 6450 6460

6241 6510 6520 6530 6540

General Office General Office Equipment, Computers & Programs General Postage Office Supplies

2019-2020 DDA $

Totals $

Totals $

2019-2020 DDA 16,000 7,000 3,000 300 0 26,300

Personnel Insurance Rent Tax Collection Travel & Training Reserves

$

$

$

Totals $ Total Expenses

24,000 0 27,000 0 51,000 2019-2020 DDA 60,490 0 16,795 16,500 0 0 93,785 386,685

CRA/City Project Fund $

$

2019-2020 CRA

$

0 0 0 0 9,000 9,000

$

2019-2020 CRA 31,631 0 25,000 0 91,914 148,545

2019-2020 DDA

Totals $

7000 7100 7200 7300 7800 7900

$ 0 0 0 -

Operations Dues Hospitality Board Meetings/Retreat/Training Publications Telephone

Professional Services Studies and Surveys Accounting Audit Legal Professional Services

-

2019-2020 CRA 50,000 78,000 9,500 0 137,500

$

$

2019-2020 CRA 781,510 27,000 133,205 0 20,000 961,715 4,273,025

CRA Carry Forward

0 13,000 0 13,000

$

$

$

$

$

0 0 0 0 -

CRA Carry Forward $ 57,322 0 0 0 0 $ 57,322

0 0 0 0 0 -

CRA Carry Forward

$

0 0 0 0 0

$

$

409,500

$

$

Grand TOTAL 50,000 78,000 22,500 0 150,500

$

Grand TOTAL 16,000 7,000 3,000 300 9,000 35,300

$

Grand TOTAL 88,953 24,000 25,000 27,000 141,914

$

306,867

$

DDA Carry Forward

0 0 0 0 0 -

CRA/City Project Fund

0 0 0 -

$

CRA Carry Forward

CRA/City Project Fund $

0 0 0 -

$

CRA/City Project Fund

DDA Carry Forward

0 0 0 0 261,036 261,036 2,224,848

0 0 0 0 0 -

$ DDA Carry Forward $

$

0 0 0 50,000 50,000

DDA Carry Forward $ 48,000 0 0 0 0 4,087 $ 52,087 536,612

$

$

Grand TOTAL 890,000 27,000 150,000 16,500 20,000 265,123 1,368,623 7,830,670


WEST PALM BEACH DDA BUDGET TRANSFER/AMENDEMENT FY 20 Budget Amendment #2 CRA CLASS REVENUES Carryforward

ACCT NO.

CRA

Net increase/decrease

EXPENDITURES Business Training and Support Property and Business Incentives Pressure Washing, Cleaning & Maintenance Signange and Pedestrial Wayfinding Landscape Maintenance Advertising Retail Promotions Community and Cultural Programs Security and Policing Studies an Surveys Reserves

Net increase/decrease

CRA CRA CRA CRA CRA CRA CRA CRA CRA CRA CRA

6230 6320 6236 6245 6270 6120 6190 6210 7600 6241 7900

CRA BUDGET BEFORE TRANSFER

TRANSFER AMENDMENT

CRA BUDGET AFTER TRANSFER

854,473

1,370,375

2,224,848

0 2,224,848

854,473

1,370,375

2,224,848

0 2,224,848

40,000 200,000 373,500 15,000 321,500 391,564 25,000 165,000 615,369 31,631 0

300,000 300,000 50,000 202,017 50,000 10,000 35,000 5,000 100,000 57,322 261,036

2,178,564

1,370,375 0

340,000 500,000 423,500 217,017 371,500 401,564 60,000 170,000 715,369 88,953 261,036 0 0 3,548,939

0 300,000 0 300,000 0 50,000 0 202,017 0 50,000 0 10,000 0 35,000 0 5,000 0 100,000 0 57,322 0 261,036 0 0 0 0 0 1,370,375

DDA

CRA


WEST PALM BEACH DDA BUDGET TRANSFER/AMENDEMENT FY 20 Budget Amendment #2 DDA CLASS REVENUES DDA/City ILA Rosemary Square MOU Virgin Trains USA Ticket Sales Carryforward

DDA DDA DDA DDA

ACCT NO.

4032 4060 4080

Net increase/decrease

EXPENDITURES Business Training and Support - 12x12 Landscape Maintenance Advertising Business Partnerships Business Training and Support Community and Cultural Collateral Materials Transportation (Trolley) Homeless Outreach Professional Services Personnel Reserves Net increase/decrease

DDA DDA DDA DDA DDA DDA DDA DDA DDA DDA DDA DDA

6230-01 6270 6120 6330 6230 6210 6300 7500 7610 6540 7000 7900

DDA BUDGET BEFORE TRANSFER

TRANSFER AMENDMENT

DDA BUDGET AFTER TRANSFER

0 75,000 0 407,469

68,600 60,000 1,000 129,143

68,600 135,000 1,000 536,612

68,600 60,000 1,000 129,143

0 0 0 0

482,469

258,743

741,212

258,743

0

0 0 0 0 50,000 0 0 0 45,000 0 60,490 312,212 467,702

96,276 48,600 120,596 1,000 50,000 30,000 108,873 3,523 10,000 50,000 48,000 (308,125) 258,743 0

96,276 48,600 120,596 1,000 100,000 30,000 108,873 3,523 55,000 50,000 108,490 4,087 726,445

96,276 48,600 120,596 1,000 50,000 30,000 108,873 3,523 10,000 50,000 48,000 (308,125) 258,743

0 0 0 0 0 0 0 0 0 0 0 0 0

DDA

CRA


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