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12-14-99 Regular CITY OF DELRAY BEACH, FLORIDA - CITY COMMISSION REGULAR MEETING DECEMBER 14, 1999 - 6:00 P.M.; PUBLIC HEARING 7:00 P.M. COMMISSION CHAMBERS 7993 The City will furnish auxiliary aids and services to afford an individual with a disability an opportunity to participate in and enjoy the benefits of a service, program, or activity conducted by the City. Contact Doug Randolph 243-7127 (voice), or 243-7199 (TDD), 24 hours prior to the event in order for the City to accommodate your request. Adaptive listening devices are available for meetings in the Commission Chambers. RULES FOR PUBLIC PARTICIPATION 1. PUBLIC COMMENT: The public is encouraged to offer comments with the order of presentation being as follows: City Staff, public comments, Commission discussion and official action. City Commission meetings are business meetings and the right to limit discussion rests with the Commission. Generally, remarks by an individual will be limited to three minutes or less. The Mayor or presiding officer has discretion to adjust the amount of time allocated. A. Public Hearings: Any citizen is entitled to speak on items under this section. B. Comments and Inquiries on Non-Agenda Items from the Public: Any citizen is entitled to be heard concerning any matter within the scope of jurisdiction of the Commission under this section. The Commission may withhold comment or direct the City Manager to take action on requests or comments. C. Regular Agenda and First Reading Items: When extraordinary circumstances or reasons exist and at the discretion of the Commission, citizens may speak on any official agenda item under these sections. 2. SIGN IN SHEET: Prior to the start of the Commission Meeting, individuals wishing to address public hearing or non-agendaed items should sign in on the sheet located on the right side of the dais. if you are not able to do so prior to the start of the meeting, you may still address the Commission on an appropriate item. The primary purpose of the sign-in sheet is to assist staff with record keeping. Therefore, when you come up to the podium to speak, please complete the sign-in sheet if you have not already done so. 3. ADDRESSING THE COMMISSION: At the appropriate time, please step up to the podium and state your name and address for the record. Ail comments must be addressed to the Commission as a body and not to individuals. Any person making impertinent or slanderous remarks or who becomes boisterous while addressing the Commission shall be barred by the presiding officer from speaking further, unless permission to continue or again address the Commission is granted by a majority vote of the Commission members present. APPELLATE PROCEDURES Please be advised that if a person decides to appeal any decision made by the City Commission with respect to any matter considered at this meeting, such person will need to ensure that a verbatim record includes the testimony and evidence upon which the appeal is based. The City neither provides nor prepares such record. AGENDA 1. Roll Call. Invocation. Pledge of Allegiance to the Flag. Agenda Approval. Approval of Minutes: None Proclamations: None 7. Presentations: A. Certificate of Completion/1999 Advanced/Institute for Elected Municipal Officials awarded to ~Commissioner Patricia Langley-Archer B. Government ~inance Officers Association's Certificate of Achievement for Excellence in Financial Reporting and Award of Financial Reporting Achievement to Milena L. Walinski, CGFO, Assistant Finance Director C. Jeff Borick, American Society of Landscape Architects - ~resentation of ASLA Medallion Award recognizing the /~ast ~Atlantic Avenue Streetscape as one of Florida's significant works of landscape architecture / D. ~ite Plan Review and Appearance Board Award Recognition Program / E. ~2K Presentation - Chief Richard Overman 8. Consent Agenda: City Manager recommends approval. A./~P&L ~REET LIGHTING AGREEMENT~ORAL TRACE BOULEVARD: Approve , ~/~ a street lighting agreement between the City and Florida Power & Light regarding the installation of light poles along the public right-of-way portion of Coral Trace Boulevard. / B. ~ORAL TRACE DEVELOPER'S AGREEMENT: Approve an agreement with the developer of the Coral Trace subdivision which provides tfor the construction of a gravity sewer connection, maintenance of landscaping and irrigation located in the Coral Trace Boulevard right-of-way for a period of one year after completion of the roadway, and that the developer shall insure Regular Commission Meeting December 14, 1999 a perpetual source of water to irrigate the Coral Trace Boulevard public right-of-way. C. RESOLUTION NO. 79-99 (SETTING PUBLIC HEARING DATE FOR ROYAL PALM BOULEVARD SPECIAL ASSESSMENT DISTRICT): Approve a resolution setting the public hearing~ate as January 18, ~00, for the establishment of the %Royal Palm Boulevard ~pecial Assessment District, and providing for the mailing and publication of required notices. D. CLOSEOU~ CF~%NGE ORDER #1 AND FINAL PAYMENT/~HAZ EOUIPMENT CO., INC. ~.E.. 4T~ AVE~-dE WATER MAIN): Approve closeout Change Order #1 in the net deduct amount of $1,290.50 and final payment in the amount of $35,382.87 to Chaz Equipment Co., Inc. for completion of the S.E. 4th Avenue ~ater Main Improvements project, with funding from 442-5178-536-~3.50- (R&R Water Ma-~) / E. gLOSEOUT CHANGE ORDER 91 AND FINAL PAYMENT/~ELCON, INC. (EAST ,gEORGE BUSH BOULEVARD DRAINAGE IMPROVEMENTS): Approve closeout Change Order #1 in the net deduct amount of $392.41 and final payment in the amount of $4,531.05 to Telcon, Inc. for completion of the East GeorgelBush Boulevard Drainage Improvements project, with funding/ from 448-5411-538-63.68 (Stormwater - George Bush Boulevard ~rainage) . / F. C~SEOUT CHANGE OR~ER #2 A~D FINAL P~'MENT/~AN CON, INC. ~ORTHWEST AREA DP~INAGE, ~OADWAY & .~TILITY IMPROVEMENTS.): Approve closeout Change Order #2 in the net deduct amount of $957.00 and final payment in the amount of $22,775.06 to Man Con, Inc. for completion of the Northwest Area Drainage, Roadway and Utility Improvements project, with funding from 2-5178-536-63.50 (R&R - Water Distribution Improvements). G. ~ODIFICATION OF STANDARDS FOR APPROVAL/FINGER PIER AND DOLPHIN PILES AT 202 SEABREEZE AVENUE: Approve modifications to the standards for approval pursuant to LDR Section 7.9.4(A) and Section 7.9.7(C) to allow the extension of a finger pier and construction of two dolphin piles at 202 Seabreeze Avenue. H. AWARD OF BIDS AND CONTRACTS: 1. Contract award in the amount ~f $299,577.75 to Siga, Inc. for construction of the ~rchard View park facility located in front of Orchard View Elementary School on Old Germantown Road at Linton Boulevard, with funding from 117-4178-572-63.40 (Recreation Impact Fee Fund/Southwest Park). 2. ~Ward of purchase order in th~ amount of $18,500.00 to ~Iohnson Davis, Inc. for the ~mergeqcy replacement of a segment of a collapsing sanitary ~wer gravity main at the intersection of S.W. 2nd Street and S.W. 7th Avenue, with funding from 442-5178-536-63.51 (R&R/Sewer Mains). -3- Regular Commission Meeting December 14, 1999 3. Purchase award in the amount of $~0 to RLS Lighting, Inc., sole source supplier, for the purchase of 13 park benches and 20 litter/containers with liners and lids, to be placed along ~East ~lantic Avenue from Swinton Avenue to the Intracoastal Waterway. Funding is available from 334-6111-519-63.90 (General Construction Fund - Street Furniture/Atlantic Avenue). 9. Regular Agenda: A. REQUEST FOR IVER/ HT-OF-WA¥ DEDICATION AND CONTRIBUTION FOR IMPROVING AND/OR EXTENDING S.W. 7TH STREET: Consider a request from Stone Station Florida Inc. to waive the LDR requirements for right-of-way dedication and for providing one-half the cos~ of improving and/or extending an unimproved local street~.W. . 7th Street) located on a boundary of a proposed project. (CONTINUED FROM 12/7/99) B. ~PPEAL OF HISTORIC PRESERVATION BOARD DECISION: Consider an appeal of the Historic Preservation Board's conditions of approval for the Silberstein Office Building (COA-399) located at 219 N.E. 1st Avenue. QUASI-JUDICIAL PROCEEDING C. ~ECIAL EVENT REQUEST/FOTOFUSION 2000: Consider a request for special event approval for Fotofusion 2000 to be held January 25-29, 2000, including sign preparation, staff support for banner hanging, and waiver of rental fees and signage costs. D. ~PECIAL EVENT REQUEST/11TH ANNUAL DOWNTOWN ART FESTIVAL: Consider a request for special event approval for the llth Annual Downtown Art Festival sponsored by Howard Alan Events to be held January 22-23, 2000, including a temporary use permit for use of public right-of-way, application for FDOT street closure permit, staff support, and a waiver to allow signage more than one week in advance of the event. ; E. ~PECIAL EVENT REQUEST/CELEBRATE THE SOUL OF DELRAY: Consider a request for special event approval for the first "Celebrate the Soul of Delray" event to be held on Saturday, February 5, 2000, including a temporary use permit for street closure, a waiver to allow event signage more than one week in advance, pjovide staff support, and waiver of overtime costs. ~ ~PECIAL EVENT REQUEST/THIRD ANNUAL BED RACE: Consider a request for special event approval for the Third Annual Bed Race to be held on January 15, 2000, including a temporary use permit for street closures, a waiver to allow event signage more than one week in advance, use of City stages at no charge, staff support, and waiver of overtime charges.  . RESOLUTION NO. 76-99: Consider approval/of a master resolution authorizing the issuance of future ~ond issues and bank notes that will use a covenant to budget ~and appropriate ~.~ funding for any debt service due and payable. --4-- Regular Commission Meeting 6_,p5~,/~I~ December 14, 1999 H. RESOLUTION NO. 77-99: Consider approval o/ a resolution authorizing a $4 million bank note with ~unTrust for an approximate 15 year term at a rate of 5.0196% for the purpose of funding the 800 MHz ~adio system. I. SETTLEMENT/HAYNES V. CITY, ET AL: ~nsider a settlement offer in the referenced matter. ~~ 10. Public Hearings: None 11. Comments and Inquiries on Non-Agenda Items from the Public- Immediately following Public Hearings. A. City Manager's response to prior public comments and inquiries. B. From the Public. 12. First Readings: None 13. Comments and Inquiries on Non-Agenda Items. A. City Manager B. City Attorney C. City Commission -5- .... RECEIVED GOVERNMENT FINANCE F O 1999 OFFICERS ASSOCIATION 180 No~h Michigan ~enue, Su~ 800, Chicago, Illinois 60601 CiTY MANAGER 312/977-9700 .Fax:312/977-4806 October 26, 1999 Mr. David T. Harden City Manager City of Delray Beach 100 N.W. 1st Avenue Delray Beach, Florida 33444 Dear Mr. Harden: We are pleased to notify you that your comprehensive annual finan- cial report for the fiscal year ended September 30, 1998 qualifies for a Certificate of Achievement for Excellence in Financial Reporting. The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management. When a Certificate of Achievement is awarded to a government, ail Award of Financial Reporting Achievement is also presented to the individual designated by the government as primarily responsible for its having earned the certificate. Enclosed is an Award of Financial Reporting Achievement for: Milena L. Walinski, CGFO, Assistant Finance Director. The Certificate of Achievement plaque will be shipped under sepa- rate cover in about eight weeks. We hope that you will arrange for a formal presentation of the Certificate and Award of Financial Reporting Achievement, and that appropriate publicity will be given to this notable achievement. To assist with this, enclosed are a sample news release and the Certificate Program "Results" for reports with fiscal years ended during 1997 representing the most recent statistics available. We hope that your example will encourage other government offi- cials in their efforts to achieve and maintain an appropriate standard of excellence in financial reporting. Sincerely, GOVERNMENT FINANCE OFFICERS ASSOCIATION S~eph~n J. Gautnier Director/Technical Services Center SJG/ds WASHINGTON OFFICE 1750 K Street, N.W., Suite 650, Washington, DC 20006 202/429-2750 · Fax: 202/429-2755 7' /~ ,-X\IERICA~ I*%NDSCAP~ I ARCtlI~[(1S ,~., ~.-~::~.~,..,,~-,,, :~ .. ~, ~ ,.,.~ November 5, 1999 /~ ,., ,~¢~,,~ Mayor Jay Alperin and .. .... City Council Members ~ ~ ~ , ~ .~,.., City of Delray Beach ~~ ~ ~, .,,, ,, , z ...... ~00 Northwest First Street ,,:,, ",:~,,,~'~ ......... ~',,,,, Pelray Beach, Florida 33444 ~ ~ ,,',',,,,,,,*,~,~ RE: Florida Chapter ASLA- Medallion Site Award ~ ~ Dear Mayor Alperin: ~ _ It is my honor to noti~ you that the East Atlantic Avenue Streetscape has been selected ~..~,~:~, ~,.~ as one of the American Society of Landscape Architects Medallion Award winners. The Florida Chapter nominated your City's parks for the award, as part of its 100 years '.~'. ~.~'~ celebration of our Society's founding, and hereby wished to recognize East Atlantic .... Avenue Streetscape in Defray Beach as one of our state's significant works of landscape architecture. Our Society represents over 13,000 professionals nationwide, and was ... ,...., .... established in 1899, in Boston, Massachusetts. With the Society's chapters making these awards as pad of a coordinated campaign across the country, Florida Chapter has ,.,,..~ ~.~,~,~ selected only 26 such sites throughout our state to receive such a special recognition. Attached is a copy of the Award, a Permanent Bronze Plaque provided by the National ~:'~ ~ ~:~ ~'~ ~ Society, to honor your parks in a public display or monument type installation. To properly commemorate this honor, the Florida Chapter ASLA would like to discuss ...... with you plans for a ceremonial award event, and the related public notice / press campaign advertising the ceremony .... I have instructed our Section Ohair for the Palm Beach area, Jeff Borick, ASLA to contact you regarding the details of this award campaign. If you need to contact him directly ~':; ~*~'~'~ please call (561) 416-3424 or feel free to contact me at (954) 974-2200. , ~:~ ~:,, ~ ,.,,, Congratulations once a9ain, from the Florida Chapter ASLA. Sincerely, Brett A. Nein, ASLA Chapter President 1998-1999 BAN:wmg-k ' ' :" "' cc: Jeff Borick, ASLA Palm Beach Section Ohair C:~Wendy~BAN~S~kJ~WARD.doc TO: DAVID T. HARDEN DEPARTMENT OF PLANNING AND ZON~G vv- ~// FROM: SCOTT PAPE, SENIOR PLANNER~ -~-~~ PROGRAM This year is the 8th annual Site Plan Review and Appearance Board (SPRAB) Award Recognition Program. The awards are given to those property owners and their design teams who have significantly contributed to the beauty of the community through creative design or renovations to existing properties. Eligible projects are those that were approved by the Board, and received a Certificate of Occupancy during the previous fiscal year (October 1, 1998 - September 30, 1999). The SPRAB awards will be presented to the recipients mentioned below at the City Commission meeting. This year's design categories and recipients include: NEW COMMERCIAL DEVELOPMENT EXTERIOR RENOVATIONS Life Care Services Morrison & Swank ~- HHCS Real Estate, Inc. (Owner) ~ Morrison & Swank, P.A. (Owner) ~ Donahue & Company (Architect) ~ David Martin (Architect) ~, William A. Flint, III (Landscape Architect) ~, Mark J. Henegan, ASLA (Landscape Architect) REDEVELOPMENT PROJECT ARCHITECTURAL DESIGN Our Lady Bakery Gillis Signature Imports Showroom ~ Josette and Pierre Moise (Owner) ~ Gillis Signature Imports (Owner) ~ Miklos & Associates (Architect) ~ Api Group (Architect) ~- Jerry Turner & Associates (Landscape ~ Quintessential Designs (Architect) Architect) ;~ Liv. Designs, Inc. (Landscape Architect) MULTI-FAMILY RESIDENTIAL DEVELOPMENT SlGNAGE Bayberry Landing Milagro Center ~ Keenan Development Group (Owner) ~ Milagro Center (Owner) ~ Larry Sehres (Architect) ~ Bright Image Designs (fka By Design Sign, Inc.) ~ Grant Thornbrough and Associates (Landscape (Sign Contractor) Architect) [IT¥ DF DELlilI¥ BEI1[H CITY ATTORNEY'S OFFICE ~00 .w ,~, ^~. ~,~^~ .~^~., ~o~,~^ .~.~ TELEPHONE 561/243-7090 · FACSIMILE 561/278-4755 DELRAY BEACH Writer's Direct Line: 561/243-7091 Ali.America City 1993 TO: City Commission ~ FROM: Brian Shutt, Assistant City Attorney SUBJECT: FPL Street Lighting Agreement - Coral Trace Boulevard The attached agreement is between the City and FPL regarding the installation of light poles along the public right-of-way portion of Coral Trace Boulevard. FPL shall install 4 poles in the public right-of-way portion of Coral Trace Boulevard along with the lights. The City shall pay FPL their standard fee for the power supplied to these lights. The agreement shall be for a term of ten (10) years. By copy of this memo to David Harden, our Office requests that this item be placed on the December 14, 1999 City Commission agenda. Please call if you have any questions. Attachment cc: David Harden, City Manager Alison MacGregor Harty, City Clerk Barron Caronite, Asst. City Engineer R- FPL Account Number: , Job Number: 8368-2-416 STREET LIGHTING AGREEMENT In accordance with the following terms and conditions, CITY OF DELRAY (hereinafter called the Customer), requests on this day of 1999, from FLORIDA POWER & LIGHT COMPANY (hereinafter called FPL), a corporation organized and existin~ under the laws of the State of Florida, the following installation or modification of street lighting fadlities along Coral Trace Blvd located in Delray Bch, Florida. (a) Installation and/or removal of FPL-owned facilities described as follows: Ughts Installed Lights Removed Fixture Type # Installed Fixture Rating Fixture Type # Removed Fixture Rating (in Lumens) (in Lumens) 16,000L 8 150 W Poles Installed Poles Removed Conductors Installed Conductors Removed Pole Type # Installed Pole Type # Removed Concrete 4 ~ Ft. Not Under Paving Ft. Not Under Paving Feet Under Paving Feet Under Paving (b) Modification to existing facilities other than described above (explain fully): That, for and in consideration of the covenants set forth herein, the parties hereto covenant and agree as follows: FPL AGREES: 1. To install or modify the street lighting facilities described and identified above (hereinafter called the Street Lighting System), furnish to the Customer the electric energy necessary for the operation of the Street Lighting System, and furnish such other services as are specified in this Agreement, all in accordance with the terms of FPL's currently effective street lighting rate schedule on file at the FIodda Public Service Commission (FPSC) or any successive street lighting rate schedule approved by the FPSC. THE CUSTOMER AGREES: 2. To pay a contribution in the amount of $ prior to FPL's initiating the requested installation or modification. 3. To purchase from FPL all of the electric energy used for the operation of the Street Ughting System. 4. To be responsible for paying, when due, all bills rendered by FPL pursuant to FPL's currently effective street lighting rate schedule on file at the FPSC or any successive street lighting rate schedule approved by the FPSC, for facilities and service provided in accordance with this agreement. 5. To provide access, final grading and, when requested, good and sufficient easements, suitable construction drawings showing the location of existing and proposed structures, identification of all non-FPL underground facilities within or near pole or trench locations, and appropriate plats necessary for planning the design and completing the construction of FPL facilities associated with the Street Lighting System. 6. To perform any clearing, compacting, removal of stumps or other obstructions that conflict with construction, and drainage of rights-of- way or easements required by FPL to accommodate the street lighting facilities. IT IS MUTUALLY AGREED THAT: 7. Modifications to the facilities provided by FPL under this agreement, other than for maintenance, may only be made through the execution of an additional street lighting agreement delineating the modifications to be accomplished. Modification of FPL street lighting facilities is defined as the following: a. the addition of street lighting facilities: b. the removal of street lighting facilities; and c. the removal of street lighting facilities and the replacement of such facilities with new facilities and/or additional facilities. Modifications will be subject to the costs identified in FPL's currently effective street lighting rate schedule on file at the FPSC, or any successive schedule approved by the FPSC. 8. FPL will, at the request of the Customer, relocate the street lighting facilities covered by this agreement, if provided sufficient fight-of- ways or easements to do so. The Customer shall be responsible for the payment of all costs associated with any such Customer- requested relocation of FPL street lighting facilities. Payment shall be made by the Customer in advance of any relocation. 9. FPL may, at any time, substitute for any luminaire/lamp installed hereunder another luminaire/~amp which shall be of at least equal illuminating capacity and efficiency. 10. This Agreement shall be for a term of ten (10) years from the date of initiation of service, and, except as provided below, shall extend thereafter for further successive periods of five (5) years from the expiration of the initial ten (10) year term or from the expiration of any extension thereof. The date of initiation of service shall be defined as the date the first lights are energized and billing begins, not the date of this Agreement. This Agreement shall be extended automatically beyond the initial the (10) year term or any extension thereof, unless either party shall have given written notice to the other of its desire to terminate this Agreement. The written notice shall be by certified mail and shall be given not less than ninety (90) days before the expiration of the initial ten (10) year term, or any extension thereof. 11. In the event street lighting facilities covered by this agreement are removed, either at the request of the Customer or through termination or breach of this Agreement, the Customer shall be responsible for paying to FPL an amount equal to the original installed cost of the facilities provided by FPL under this agreement less any salvage value and any depreciation (based on current depreciation rates as approved by the FPSC) plus removal cost. 12. Should the Customer fail to pay any bills due and rendered pursuant to this agreement of otherwise fail to perform the obligations contained in this Agreement, said obligations being material and going to the essence of this Agreement, FPL may cease to supply electric energy or service until the Customer has paid the bills due and rendered or has fully cured such other breach of this Agreement. Any failure of FPL to exercise its rights hereunder shall not be a waiver of its rights. It is understood, however, that such discontinuance of the supplying of electric energy or service shall not constitute a breach of this Agreement by FPL, nor shall it relieve the Customer of the obligation to perform any of the terms and conditions of this Agreement. 13. The obligation to furnish or purchase service shall be excused at any time that either party is prevented from complying with this Agreement by stdkes, lockouts, fires, riots, acts of God, the public enemy, or by cause or causes not under the control of the party thus prevented from compliance and FPL shall not have the obligation to furnish service if it is prevented from complying with this Agreement by reason of any partial, temporary or entire shut-down of service which, in the sole opinion of FPL, is reasonably necessary for the purpose of repairing or making more efficient all or any part of its generating or other electrical equipment. 14. This Agreement supersedes all previous Agreements or representations, either written, oral or otherwise between the Customer and FPL, with respect to the facilities referenced herein and constitutes the entire Agreement between the parties. This Agreement does not create any dghts or provide any remedies to third parties or create any additional duty, obligation or undertakings by FPL to third parties. 15. This Agreement shall inure to the benefit of, and be binding upon the successors and assigns of the Customer and FPL. 16. This Agreement is subject to FPL's Electric Tariff, including, but not limited to, the General Rules and Regulations for Electdc Service and the Rules of the FPSC, as they are wdtten, or as they may be hereafter revised, amended or supplemented. In the event of any conflict between the terms of this Agreement and the provisions of the FPL Electric Tariff or the FPSC Rules, the provisions of the Electric Tariff and FPSC Rules shall control, as they are now written, or as they may be hereafter revised, amended or supplemented. INWITNESS WI-IEREOF, the parties hereby caused this Agreement to be executed in triplicate by their duly authorized representatives to be effective as of the day and year first written above. Charges and Terms Accepted: FLORIDA POVVER & LIGHT COMPANY Customer (Print or type name of Organization) Signature (Authorized Representative) ~. (Signature)' I- Marietta Hampton (Pdnt or type name) (Pdnt or type name) Approve~ as to leg ~a~orm: By: ~ ~/,~ Title: Construction Services Representative ~City Attorney [IT¥ OF DELRFI¥ BEII[H CITY ATTORNEY'S OFFICE ~oo ~ ,~, ^~.~. ~^~.~^~., ~o~,.^ ~... TELEPHONE 561/243-7090 · FACSIMILE 561/278-4755 DELRA¥ BEACH Writer's Direct Line: 561/243-7091 Ali. America City 1993 TO: City Commission ~ FROM: Brian Shutt, Assistant City Attorney SUBJECT: Coral Trace Developer's Agreement The attached agreement is between the City and Coral Trace, the developer of the Coral Trace subdivision. This agreement provides that the Developer shall construct a gravity sewer connection from an existing lift station to the new collection system for the residential subdivision. The City shall provide some of the material needed for this construction. The Developer shall also maintain the landscaping and irrigation located in the right-of-way for a period of one year after completion of the roadway. Furthermore, the Developer shall insure that the City has a perpetual supply of water from one of the lakes in the development to irrigate the public right-of-way of Coral Trace Boulevard. By copy of this memo to David Harden, our Office requests that this item be placed on the December 14, 1999 City Commission agenda. Please call if you have any questions. Attachment cc: David Harden, City Manager Alison MacGregor Harty, City Clerk Barron Caronite, Asst. City Engineer Prepared by: RETURN: R. Brian Shutt, Esq. City Attorney's Office 200 N.W. 1st Avenue Delray Beach, Florida 33444 CORAL TRACE DEVELOPER'S AGREEMENT THIS AGREEMENT entered into this __ day of ,19 , by and between the CITY OF DELRAY BEACH, a Florida municipal corporation, (hereinafter referred to as CITY) and CORAL TRACE, a joint venture (hereinafter referred to as DEVELOPER), to provide as follows: WHEREAS, .DEVELOPER, as successor developer of Coral Trace has agreed to certain subdivision improvements including, but not limited to, improvements of Coral Trace Boulevard as required by the approved plat thereof in accordance with the Subdivision Agreement dated May 29, 1997 as amended; and WHEREAS, the parties agree that Certain issues related to the subdivision improvements and Coral Trace Boulevard shall be resolved as provided for herein; and WHEREAS, the DEVELOPER agrees to construct a gravity sewer connection from lift station 81 to its gravity sewer system. NOW, THEREFORE, in consideration of the mutual covenants and undertakings set forth herein, the DEVELOPER and CITY hereby agree as follows: 1. The above-stated recitals are incorporated herein as if fully set forth herein. 2. The DEVELOPER shall pay all costs for and install a controller for the irrigation system for the public right-of-way of Coral Trace Boulevard by June 1, 2000 in order to separate the public and private irrigation systems. The controller shall be located within the public right-of-way of Coral Trace Boulevard and must be easily accessible to the CITY'S maintenance personnel. 3. The DEVELOPER, its assigns and successors, shall insure a perpetual source of water to the Coral Trace Boulevard irrigation system located in the public right-of-way. Currently the source of water is from a lake located in Tract D as indicated on the subdivision plat of Coral Trace. The DEVELOPER, its assigns and successors shall provide a sufficient time for the 14 irrigation zones located within the public right-of-way of Coral Trace Boulevard to properly water the landscaping. The minimum time allowed shall be fifteen minutes per zone which translates into a 3.5 hour time period. The irrigation shall be provided daily and shall be between the hours of 3:00 a.m. and 7:00 a.m.. If the irrigation pumping station is to be shared with the Coral Trace community the above stated irrigation time is reserved exclusively for the irrigation of the public right-of-way of Coral Trace Boulevard. At all times the DEVELOPER, its assigns and successors, shall insure that there is adequate water pressure to the irrigation system for the public right-of-way of Coral Trace Boulevard. The CITY, in its sole discretion, shall determine whether there is adequate water pressure for the irrigation system. In the event of water restrictions by the South Florida Water Management District (SFWMD) the CITY and the DEVELOPER, or its assigns and successors, shall cooperate to comply with the SFWMD watering restrictions as it relates to the irrigation of the public right-of-way of Coral Trace Boulevard. 4. The DEVELOPER shall maintain the landscaping and irrigation system on Coral Trace Boulevard public right-of-way, in a manner acceptable to the CITY, for a period of one year from the date of acceptance of the roadway by the CITY. At the end of the one year period the CITY shall re-inspect the public portion of Coral Trace Boulevard to determine if the landscaping and irrigation system are still in compliance with the approved plans. If the CITY, in its sole discretion, determines that the landscaping or irrigation system is not in compliance with the approved plans and the terms of this Agreement then the DEVELOPER shall bring the landscaping and/or irrigation system into compliance with the approved plans or the terms of this Agreement prior to acceptance by the CITY.' 5. The DEVELOPER shall construct a gravity sewer connection from the existing wet well of Lift Station 81 to the new collection system within the residential subdivision shown as Coral Trace, on the Coral Trace plat at its own expense. The CITY will provide materials shown on Exhibit "A", attached hereto and incorporated herein, for wastewater collection/transmission system construction. The CITY shall not be responsible for providing any other material that is not listed on Exhibit "A". The gravity sewer connection shall be installed in a manner acceptable to the CITY, in its sole discretion and in keeping with reasonable engineering criteria, by January 1, 2001. If DEVELOPER fails to provide an acceptable gravity sewer connection to the CITY, the CITY shall notify the DEVELOPER and allow DEVELOPER sixty (60) days in which to correct the defects. If the DEVELOPER fails to correct the defects within the 60 days then the CITY may, in its sole discretion, make a claim on the Irrevocable Letter of Credit, No. 29534393, or exercise any legal or equitable remedy it has at law. 6. Any claims, lawsuits or disputes that may arise under this Agreement shall be governed by the Laws of Florida, with venue in Palm Beach County, Florida. 7. This Agreement constitutes the entire agreement and understanding of the parties, as it pertains to the construction or installation of water, sewer, drainage and roadway improvements. There are no representations or understandings of any kind not set forth herein. Any amendments to this Agreement must be in writing and executed by both parties. 8. The DEVELOPER shall indemnify, hold harmless, and defend the CITY, its employees, agents and officers from and against any and all damage, loss, claim, of whatever kind, arising from the construction and maintenance of the irrigation system and landscaping in the public right-of-way of Coral Trace Boulevard up to the time of acceptance by the CITY. 9. It is the intent of the parties that this Agreement shall run with the land. This Agreement shall be recorded in the public records of Palm Beach County, Florida and shall be binding on the parties legal representatives, heirs successors and assigns. IN WITNESS WlffEREOF, the parties hereto have entered into this Agreement 4 as of the day and year first above written. ATTEST: CITY OF DELRAY BEACH By: City Clerk Mayor, Jay Alperin Approved as to Form: City Attorney WITNESSES: CORAL TRACE, A Joint Venture By: Spear Coral Corporation By: Jeffery Spear (Name Printed or Typed) President, Spear Coral Corporation (Name Printed or Typed) STATE OF COUNTY OF The foregoing instrument was acknowledged before me this ~ day of ., 199~, by , as (name of officer or agent, title of officer or agent), of (name of corporation acknowledging), a (state or place of incorporation) corporation, on behalf of the corporation. He/She is personally known to me or has produced (type of identification) as identification. Signature of Notary Public 13:39:30 OCT 11 1999 FERGUSON E~ERPRISES. I~. FERGUSCN UNOEI~..d~OU,~D I~ J125 Price Quotation Phone: 954-973-8100 Fax : 954-960-0095 Bid ~ .... : I)27221 Bid ~ate..: 10/11/99 Cust I:'ho~: ~l-Za3-7000 Quoted By.: I;)LT Terms .... .. NS_T lOTH I~X CusLa,~er..: CITY OF DELRA¥ BEACH Ship To...: CiTY OF DEI.RAY BEACH 100 NN. 1ST AVENUE ldo NN. ]ST AVENUE OELRAY B-ACH, FL 334Y.~ OELRAY BEA~, FL 33,~4 Cust PO.,)..: Job H~e..: 1.5 //81 l~a~ Description Q~ntity Net Price tI4 Total LIFT STATI'~ PIPE & FITTS ~.0 MIL EI~)XY SSFAPU 6 SS FLG ACC P~G Z 16.000 EA 32.00 FCRXU 8X6 DI 125# H. GO CCNC R~ Z 165.000 EA 330.00 SSFAPX 8 SS FLG ACC PN'G Z4 ]8.000 EA 252.00 FPPX20 8 X 20 FT FLG X PE PIPE 2 850.000 EA 1700.00 FPPXlO 8 X 10 FT FLG X PE PIPE 2 450.00(1 EA 900.0(1 FgX 8 DI 125/~ FLGD 90 BE~ND Z 150.000 EA 300.00 AFC52SCI. Wl( 8 FLGO LEV & WE. IG~IT CHC--CK VLV 2 950.000 EA 1903.00 Dl18FX 8 CI FLGI) N~i LU8 PLUG VLV 2 535.000 EA 1070.00 FUFAZOOC8 8 ~25ff LltIFL~E AE~T FOR Iii 8 32.000 EA 256.00 Net Total: Tax: 0.00 Total: 6740.00 Quoted prices an) based upon receipt of the toLal quantity For jllT~Jalce shipment only, and are offered contingent upon the Buyer's acceptance of Seller's ter~s ~d col~itJons. Seller' objects to all other te~,q~ and conditions. Future shil~ents subject to price changes. Seller nat respansible for delays by causes beyond our control. Purchaser's sole ~lrranties, if any, are those provided by the manufacturer. SELLER OISCLAII4S ALL E)~I~SS OR II. LIED NAiU~,~TIES, INCLUOI~ ALL IIt~LIED WA~qA,~IcJ OF HERCi~AB[LITY/b~lD DITNESS OR FITN~S FOR A PARTICUI.A~ PUPJ:OSE. In no event will Seller be liable far any incidental, punitive, splzcial or consequential dana.aes. SOUTHEASTERN PUMP P.O. Box 100727, Ft. IJuderdale, FL 33310 O_UOTE DATE:, II-~-c/c{ Brow. (954) 781-8400 Palm Beach {407) 734-1949 ORDER DATE: FAX (954) 781-8434 BILL TO:. SHIP TO: CALLER: _~-.c~ yT~/u ..... PHONE #: (s'~,,)~/$-~-~ FAX #: CUSTOMER P.O. # SHIP VIA: DATE SHIPPED: JOB N,~ME: IQ'FY. DESCRIPTION Wq'. REFEREI~E SELL # Cpfr .......... EQH~ ORDER[D ON_S~CO P.O.~s ORDER TOTAL (W/O r~ OR F~IG~) CHARGE CU~OM~IG~ C~RGE CU~~T~7 ' YES ~ YES ~ Data Flow Systems, Inc. October 8, 1999 Quote No. 991008-02-rw Mr. Clayton Gilbert City of Delray Beach Fax: 561-243-7344 Re: LS #81 Rehab Dear Clayton: Per your request, ! am enclosing the following quotation. These components are compatible with The City of Delray's existing telemetry system. This quote includes, and is limited to, the following: (1) RTU204 ...................................................................... $ 5311.00 (1) 316 ss enclosure w/Modular Backplane (1) Power Supply Module PSM002 (1) Radio Interface Module/radio RIM006 (1) 7.0 ah Battery (1) RF Pigtail (1) 22' RTC400 coaxial cable w/connectors (1) RTA411 directional antenna w/mast only (1) Complete Surge Suppression Kit (1) Pump Con[roi Module ................................................ $1,065.00 (1) Analog Monitor Module ......................................... 999.00 (1) installation, Travel and Miscellaneous Hardware ........ 875.00 This quotation totals $ 8250.00. Terms are NET 30. Lead time is 8-10 weeks ARO. This quote will be honored for 90 days. Please call with any questions or comments. Thank you for your inquiry. Sincerely, Data Flow Systems, Inc. Randy E. Wyatt, Sales Consultant cust~de~,r-4y end of fax Data Flow Systems. Inc. · 659 Eau GalJJ.¢ Blvd. ,~ l~[¢lbount¢. Florida 32935 ,~ PH:(407) 259-5009 · FA.Y{407)259---t006 1 [ITY OF [IELRI:IY BERrH CITY ATTORNEY'S OFFICE ~oo ~ ,~, ^.,,~,~,~. ~,,~,_,,^¥ ,,,~^~.,,~,.o,,,~^ ~,. TELEPHONE 561/243-7090 · FACSIMILE 561/278-4755 Writer's Direct Line: (561) 243-7090 DELRAY BEACH lll.l~ca City MEMORANDUM ~llllillll! DATE: December9, 1999 ~ 993 TO: City Commission FROM: Jay T. Jambeck, Assistant City Attorney~ SUBJECT: Resolution 79-99 -- Setting Public Hegring for Consideration of Royal Palm Boulevard Special Assessment District The attached resolution, if approved, will set the date for the public hearing regarding the establishment of the Royal Palm Boulevard Special Assessment District. The City Clerk will be mailing notices to the individual property owners of the hearing and the assessment amount. Please place this item on the agenda for the December 14, 1999 City Commission meeting. If you have any questions, please do not hesitate to call. Attachment cc: David T. Harden, City Manager Alison MacGregor Harty, City Clerk Randal Krejcarek, City Engineer Chris Brown, Director, CRA RESOLUTION NO. 79-99 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, SETTING A PUBLIC HE, ARING DATE FOR THE PUBLIC HEARING REGARDING THE CONSIDERATION OF THE ROYAL PALM BOULEVARD SPECIAL ASSESSMENT DISTRICT; PROVIDING FOR THE MAILING AND PUBLICATION OF NOTICE REGARDING THE PUBLIC HEARING; PROVIDING AN EFFECTIVE DATE. WHEREAS, at the November 2, 1999 meeting, the City Commission of the City of Delray Beach declared a necessity for the improvement of Royal Palm Boulevard through the adoption of Resolution No. 71-99; and WHEREAS, pursuant to the requirements of state law and the City's Land Development Regulations, a preliminary assessment roll was prepared showing the lots to be assessed and the amount of the assessments; and XVHEREAS, the City Commission must provide notice of the assessments and hold a public hearing prior to the adoption of the preliminary assessment roll. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS: Section 1. That a public hearing shall be hdd on January 18, 2000, at 7:00 p.m. at the Delray Beach City Hall City Commission Chambers, 100 N.W. 1st Avenue, Delray Beach, Florida 33444. At the public heating, owners of the property to be assessed or any other persons interested therein may appear before said governing authority and be heard as to the propriety and advisability of making such improvements. Section 2. That the City Clerk shall mail notice of the public hearing to each property owner listed in the preliminary assessment roll. Section 3. That the City Clerk shall publish notice of the public hearing in a newspaper of general circulation within the county by two publications a week apart with the last publication occurring at least one week prior to the date of the heating. Section 4. That this resolution shall become effective immediately upon passage. PASSED AND ADOPTED in regular session on thi, jtthe 14,~y~ December, 1999. .... City ~l~rk ROYAL PALM ~ SPECIAL ASSESSMENT DISTRICT ~ SECTION: 09 ASSESSMENT: $2,882.00 SUBDIVISION: 18 PARCEL ADDRESS: BLOCK: 001 LOT: 0010 1645 N Federal Hwy OWNER INFORMATION: LEGAL: Antonio's Mama Rosa Inc ROYAL PALM GARDENS PL 3 1645 N Federal Hwy LOTS 1 & 2, LT 3 (LESS RD R/W), Delray Beach, FL LOTS 4 & 5 BLOCK A 33483 SECTION: 09 ASSESSMENT: $7,205.00 SUBDIVISION: 18 PARCEL ADDRESS: BLOCK: 001 LOT: 0060 Royal Palm Blvd OWNER INFORMATION: LEGAL: Madonna, Nicla & Maria R ROYAL PALM GARDENS PLAT NO 3 40250 Pinetree Dr LOTS 6, 7, 8, 9, & 10 BLOCK A Plymouth, MI 48170 SECTION: 09 ASSESSMENT: $12,955.00 SUBDIVISION: 18 BLOCK: 001 LOT: 0110 PARCEL ADDRESS: Royal Palm Blvd OWNER INFORMATION: LEGAL: Mull, Paul ROYAL PALM GARDENS PLAT NO 3 316 West High St W LOTS 11 TO 15 INC BLOCK A & Rockville, IN LOTS 12 TO 15 INC BLOCK B 47872 SECTION: 09 ASSESSMENT: $9,101.00 SUBDIVISION: 18 PARCEL ADDRESS: BLOCK: 002 LOT: 0080 Royal Palm Blvd OWNER INFORMATION: LEGAL: Payne, Nyoma & Litton, Marsha ROYAL PALM GARDENS PLAT NO 3 750 Royal Palm Blvd LOTS 8, 9, 10, & 25 BLOCK B Delray Beach, FL 33483 SECTION: 09 ASSESSMENT: $1,441.00 SUBDIVISION: 18 PARCEL ADDRESS: BLOCK: 002 LOT: 0110 Royal Palm Blvd OWNER INFORMATION: LEGAL: Payne, Nyoma ROYAL PALM GARDENS PLAT NO 3 750 Royal Palm Blvd LT 11 BLOCK B Delray Beach, FL (FIND MSA 642A) 33483 SECTION: 09 ASSESSMENT: $26,961.07 SUBDIVISION: O0 BLOCK: 000 LOT: 1000 PARCEL ADDRESS: OWNER INFORMATION: LEGAL: Delray Estuary 9-46-43, SLY 334.66 FT OF NLY 988.58 FT OF ELY 726.15 FT OF c/o Porten Companies Inc. NE 1/4 LYG W OF & ADJ TO W LI OF INTRACOASTAL WATERWAY BEING Deerfield Beach, FL ABNDED LOTS 16 TO 24 BLK A, 16 33442 TO 24 BLK B & LOTS 1 TO 6 BLK C K/A PT OF FIND MSA 642A OF ROYAL PALM GARDENS PL 3 TOGETHER WITH: 9-46-43, SLY 971.94 FT OF NLY 1960.52 FT OF E 667.02 FT OF NE 114 LYG W OF & ADJ TO W LI OF INTRACOASTAL WATERWAY K/A ABNDED LOTS 20 TO 27, 29 TO 34 BLK C, 21 TO 27, 29 TO 34 BLK E, LTS 1 TO 10 BLK F & LAKE OF LA HACIENDA DELRAY PLAT & E 629.84 FT OF LOT 1 LYG E OF FED HWY OF HARRY SEEMILLER SUB Principal 2,882.20 '8% Annual Payment 429.53 Installment 8% Annual Debt Number Principal Interest Service i 198.96 230.58 429.53 2 214.87 214.66 429.53 3 232.06 197.47 429.53 4 250.63 178.90 429.53 5 270.68 158.85 429.53 6 292.33 137.20 429.53 7 315.72 113.81 429.53- 8 340.98 88.56 429.53 9 368.26 61.28 429.53 10 397.72 31.82 429.53 2,882.20 1,413.13 4,295.33 Principal 7,205.44 8% Annual Payment 1,073.82 Installment 8% Annual Debt Number Principal Interest Service i 497.39 576.44 1,073.82 2 537.18 536.64 1,073.82 3 580.15 493.67 1,073.82 4 626.57 447.26 1,073.82 5 676.69 397.13 1,073.82 6 730.83 343.00 1,073.82 7 789.29 284.53 1,073.82 8 852.44 221.39 1,073.82 9 920.63 153.19 1,073.82 10 994.28 79.54 1,073.82 7,205.44 3,532.79 10,738.23 Mull Principal 12,955.05 Rate 8% Annual Payment 1,930.68 Installment 8% Annual Debt Number Principal Interest Service 1 894.28 1,036.40 1.930.68 2 965.82 964.86 1 930.68 3 i 043.09 887.60 1.930.68 4 1~126.54 804.15 1.930.68 5 1.216.66 714.03 i 930,.68 6 1.313.99 616.69 1 930.68 7 i 419.11 511.57 1=930.68 8 1.532.64 398.04 I 930.68 9 i 655.25 275.43 1 930.68 10 i 787.67 143.01 i 930.68 12,955.05 6,351.79 19,306.84 Please note that the interest reflected in the above schedules assume that payments are made on the payment dates. Interest will be adjusted accordingly. Principal 9,101.14 8% Annual Payment 1,356.34 Zns~allmen~ 8% ~1 Deb= 2 E7~.~1 677.83 1,356.34 3 732.T9 623.55 1,3S6.34 4 791.41 564.93 1,356.34 5 85%.T2 501.62 1,356.34 6 923.10 8 1,076.71 2T9.63 1,356.34 9 1,162.84 193.50 1,356.34 10 1,255.87 100.4~ 1,356.34 9,101.14 4,462.24 13~563.3B Principal 1,441.10 Annual Pa~mmn= 214.77 InsU&llm~n= 8% A~nual I 99.48 115.29 214.77 2 107.44 107.33 214.77 5 13S.34 79.~3 214.77 6 146.17 60.60 214.77 7 15~.86 ~6.91 214.7~ 8 1q0.49 44.28 214.77 9 184.13 30.64 214.77 10 198.86 1S,91 214.77 1,441.10 ~b6.56 2,147.66 Please note thac the ingaresC refleeCed in the aJ~ove schedules 1,86~.11 2,~S6.89 4,0L~.99 2,0~0.00 2,008.00 4,0~.99 2,~?O.BO ~,84~.20 2,344.46 ~.673.53 4,0~.99 2,532.02 Z,48S.98 4,017.99 2,734.58 Z,283.4Z 4,017.99 2,9S3.35 1,064.65 4,0L7.99 3,189.6~ 828.38 4,01~.99 3,444.q8 5~3.~1 4,017.99 3~20.37 297.63 4,017.99 '~,961'0~ 13,218'.8q 40,179.94 MEMORANDUM TO: MAYOR AND CITY COMMISSIONERS FROM: CITY MANAGER~ SUBJECT: AGENDA ITEM o°'~-' REGULAR MEETING OF DECEMBER 14, 1999 CLOSEOUT CHANGE ORDER #1 & FINAL PAYMENT/CHAZ EQUIPMENT CO. (S.E. 4TM AVENUE WATER MAIN) DATE: DECEMBER 10, 1999 This is before the City Commission to approve closeout Change Order #1 in the net deduct amount of $1,290.50 with Chaz Equipment Co., Inc. for the S.E. 4th Avenue Water Main Improvements project. The change order represents the plus/minus as-built quantity adjustments based on actual field measured quantities. Also requested is final payment in the amount of $35,382.87 to Chaz Equipment. The project is complete and has been inspected and approved by staff. Funding will be from 442-5178-536--63zS0-(W&S Renewal & Replacement ./'~tm--Ma~s). ~/. 7~' go~r~_~e tg/5~co-ror~ .r~n~o. Recommend approval of closeout Change Order #1 and the request for final payment to Chaz Equipment Co., Inc. for completion of the S.E. 4th Avenue Water Mare Improvements project. RefiAgmemol 6.Closeout. Chaz Equip.SE4thAveWater Main Agenda Item No.: ~ AGENDA REQUEST Date: December 8, 1999 Request to be placed on: X Regular Agenda Special Agenda Workshop Agenda When: December 14,1999 Description of item (who, what, where, how much): Attached for Commission approval is an agenda request for final plus/minus as-built quantity change order (C.C. #1, final) to Chaz Equipment Co., Inc. for the SE 4'h Ave Water Main (PN 99-49);. The amount of C.C. #1, final is a net deduct of $1,290~50. Approval is also requested for final payment to be made to Chaz Equipment in the amount of 48,316.60.A Contractor Evaluation form is attached for your review. Fu~~~,442-5178-536-61.78 (Water Distribution Improv.) ORDINANCE RESOLUTION REQUIRED: YES RAFT ATTACHED Y_ES Recommendation: Staff Recommends approval of the~ontract Addition (C.C. #1) and final payment to Chaz Eq~nt..~ ~~~/' L" ' ~z'~_"~_.· / ~ Department Head Signature: '- ~. ~? -~-.~ Determination of Consistency with Comprehensive Plan: City Attorney Review/Recommendation (if applicable): Budget Director Review (~red on all items involving expenditure of funds): Funding available:( YES/~O Funding alternativ~ (if applicable) Account No. & Description Account B a 1 a nc e ~ _/~ ~.~-. , City~nager Review: Approved for agenda: ~/NO Hold Until: Agen~ Coordinator Review: Received: Placed on Agenda: Action: Approved/Disapproved /agen9840.doc City Of Delray Beach. Department of Environmental Services MEMORANDUM To: David T. Harden, City Manager From: Howard Wight, Dep Director of ConstrJ~(~t~/ Date: December 8, 1999 Re: SE 4th Ave Water Main Final Closeout Change Order / Final Payment Attached for Commission approval is an agenda request for final plus/minus as- built quantity change order (C.O. #1, final) to Chaz Equipment Co., Inc. for the SE 4th Ave Water Main Improvements (PN 99-49). The amount of C.O. #1, final is a net deduct of l, 290.5o Approval is also requested for final payment to be made to Chaz Equipment in the amount of $48,316.60. A Contractor Evaluation form is attached for your review. Funding Source is, from 442-5178-536-,61. ~8 (WATER DISTRIBUTION IMPROVEMENTS) file: 99-49 (A) CITY OF DELRAY BEACH CHANGE ORDER TO ORIGINAL CONTRACT CHANGE NO. 1, Final PROJECT NO. 99-49 DATE: PROJECT TITLE: SE 4th Ave Water mAIN TO CONTRACTOR: Chaz Equipment Co., Inc. YOU ARE HEREBY REQUESTED TO MAKE THE FOLLOWING CHANGES IN THE PLANS AND SPECIFICATIONS FOR THIS PROJECT AND TO PERFORM THE WORK ACCORDINGLY, SUBJECT TO ALL CONTRACT STIPULATIONS AND COVENANTS. JUSTIFICATION: Plus minus as-built quantity changes per Schedule A attached SUMMARY OF CONTRACT AMOUNT ORIGINAL CONTRACT AMOUNT $205,965.00 COST OF CONSTRUCTION CHANGES PREVIOUSLY ORDERED $ 0.00 ADJUSTED CONTRACT AMOUNT PRIOR TO THIS CHANGE ORDER $205,965.00 COST OF CONSTRUCTION CHANGES THIS ORDER ($ 1,290.50) ADJUSTED CONTRACT AMOUNT INCLUDING THIS CHANGE ORDER $204,674.50 TOTAL PER CENT DECREASE TO DATE .6% CERTIFIED STATEMENT: I hereby certify that the supporting cost data included is, in my considered opinion, accurate; that the prices quoted are fair and reasonable and in proper ratio to the cost of the original work contracted for under benefit of competitive bidding. Chaz Equipment Co., Inc. (Contractor to sign & seal) TO BE FILLED OUT BY DEPARTMENT INITIATING CHANGE ORDER Funding Sourceis from 441-5178-536-61.78 (Water Distribution Improv.) DELRAY BEACH, FLORIDA by its City Commission RECOMMEND: By: for Environmental Services Mayor ATTEST: APPROVED: By: City Attorney City Clerk CITY OF DELRAY BEACH S.E. 4TH AVENUE WATERMAIN SCHEDULE OF VALUES PAYMENT APPLICATION: 2 APPLICATION DATE: 1 2/1/99 APPLICATION NUMBER: 2 PROJECT NO: 99-049 PERIOD FROM: 10-7-99 thru 12-7-99 UNIT CONTRACT THIS PERIOD TOTAL TO DATE NO DESCRIPTION QUANTITY UT PRICE AMOUNT QUANTITY AMOUNT QUANTITY AMOUNT 1 Maintenance of Traffic 1 LS $ 4,500.00 4,500.00 20% $900.00 100% $ 4,500.00 2 Clearing& Grubbing I LS $ 30,000.00 30,000.00 0% $ 100% $ 30,000.00 3 4' Concrete Sidewalk (6" thick) 10 LF $ 15.50 $ 155.00 125LF $ 1,937.50 125LF $ 1,937.50 4 5' Concrete Sidewalk (4"thick) 290 LF $ 19.00 $ 5,510.00 108LF $ 2,052.00 397LF $ 7,543.00 5 5' Concrete Sidewalk (6"thick) 7 LF $ 20.00 $ 140.00 20LF $ 400.00 20LF $ 400.00 6 Concrete Driveway Apron (6"thick) 4760 SF $ 3.00 $ 14,280.00 4834SF $ 14,502.00 4834SF $ 14,502.00 7 !Asphalt Trench Repair 900 LF $ 10.00 $ 9,0(X).00 0 $ 876LF $ 8,760.00 8 Pavement Maddng & Signage 1 LS $ 2,500.00 $ 2,500.00 0 $ 0'$ 9 Road Swale Grading & Sodding 4300 SY $ 2.00 $ 8,600.00 2630SY $ 5,260.00 2630SY $ 5,260.00 10 i6"DIPW.M. 2082 LF $ 30.00 $ 62,460.00 0 $ 2,024LF ~$ 60,720.00 11 8" Gate ValveI 8 EA $ 650.00 $ 5,200.00 0 $ 8 $ 5,200.00 12 iFire Hydrant Assembly 2 EA $ 1,800.00 $ 3,600.00 0 $ 25 3,600.00 13 8"xS"T.S.&Valve 1 EA $ 2,100.00 $ 2,100.00 0 $ I $ 2,100.00 14 6"x6"T.S.&Valve 3 EA $ 1,800.00 $ 5,400.00 0 $2 $ 3,600.00 15 Connect to Ex. WaterMain 1 EA $ 2,500.00 $ 2,500.00 0 $ 2 $ 5,000.00 16 Fill & Flush Assembly 3 EA $ 3,000.00 $ 9,000.00 1 $ 3,000.003 $ 9,000.00 17 :Sample Point 6 EA $ 100.00 $ 600.00 0 $ 8 $ 600.00 18 Single Water Service 35 EA 750 $ 26,250.00 (-1) (-750.00) 38 $ 28,500.00 19 Double Water Service 11 EA 800 $ 8,800.00 3 $ 2,400.00 141 $ 11,200.00 20 Remove/Abandon Existing Water Main 1860 LF $ 1.00 $ 1,860.00 1242LF $ 1,242.00 1242LF $ 1,242.00 21 Utility AIIowance 1 LS $ 2,500.00 $ 2,500.00 0 $ 0 $ 22 VidonAIIowance 1 LS $ 1,000.00 $ 1,000.00 0% $ 100% $ 1,000.00 23 Indemnification 1 LS $ 10.00 $ 10.00 0% $ 100% $ 10.00 $206,965.00 $30,943.60 $204,674.60 CHAZ EQUIPMENT COMPANY, InC. 3380 FIARLANE FARMS ROAD #16 WELLINGTON, FLORIDA 33414 DATE: December 1, 1999 PROJECT: S.E. 4th Ave Watermain REQUISTION NO: 2 PROJECT NO: 99-049 CHAZ EQUIP JOB NO: GENTLEMEN: THIS REQUEST FOR PAYMENT IS FOR WORK COMPLETED ON THE ABOVE REFERENCED PROJECT FOR THE PAY PERIOD ENDING: 12/7/99 TOTALS TO DATE THIS DO NOT REQUEST ONLY WRITE IN THIS SPACE AMOUNT OF ORIGINAL CONTRACT: $205,965.00 APPROVED CHANGE ORDERS: TOTAL CONTRACT & APPROVED CHANGE ORDERS: $204,674.50 i VALUE OF WORK PERFORMED 4.) $30,943.50 (PER BREAKDOWN ATTACHED) VALUE OF MATERIAL STORED ON SITE 5.) (PER BREAKDOWN ATTACHED) TOTAL REQUISITIONED 6.) $204,674.50 $30,943.50 LESS 5% RETAINAGE 7.) $10,233.73 $1,547.18 AMOUNT EARNED TO DATE 8.) $194,440.77 LESS PREVIOUS APPLICATIONS 9.) $159~067.90 AMOUNT DUE 10.) BALANCE TO COMPLETE 11.) $10,233.73 1 .) The work covered by this Application for Payment has been completed in accordance with the CorYa-ac~ Documents. 2.) All previous progress payments received from the OWNER on account of Work done under the contract referred to above have been applied to discharge in full all obligations of the CONTRACTOR incurred in connection with WORK covered by prior Applications for Payment numbered 1 thur 1 inclusive. 3.) TRle to all materials and equipment incorporated to said work or otherwise listed in or covered by this Application for Payment will pass to the OWNER at time of payment free and clear of all liens, claims, security interests and encumberances (excep{ such as covered by bond acceptable to the OWNER.) NOTARY AFFIDAVIT: Swan to and subscribed before me this day CONTRACTOR 2 o~n ~'~R~r ~ I. TITLE: PRESIDENT DATE: June 20, ~ o COMMI,~SION dI CC 706499 a~ ~ ~ EXPIRES JAN 5, 2002 ¥,~'~_ ~ BONDED THRU '¢ OF ~,"~ ATLANTIC BONDING CO., IN(:. MEMORANDUM TO: MAYOR AND CITY COMMISSIONERS FROM: CITY MANAGER~/~ SUBJECT: AGENDA ITEM ~- REGULAR MEETING OF DECEMBER 14, 1999 CLOSEOUT CHANGE ORDER #1 & FINAL PAYMENT/TELCON, INC. (EAST GEORGE BUSH BOULEVARD DRAINAGE IMPROVEMENTS) DATE: DECEMBER 10, 1999 This is before the City Commission to approve closeout Change Order #1 in the net deduct amount of $392.41 with Telcon, Inc. for the East George Bush Boulevard Drainage Improvements project. The change order represents the plus/minus as-built quantity adjustments based on actual field measured quantities. Also requested is final payment in the amount of $4,531.05 to Telcon. The project is complete and has been inspected and approved by staff. Funding will be from 448-5411-538-63.68 (Storrnwater - George Bush Boulevard Drainage). Recommend approval of closeout Change Order #1 and the request for final payment to Telcon, Inc. for comple6on of the East George Bush Boulevard Drainage Improvements project. Ref:Agmemol 6.Closeout. Telcon. East George Bush Blvd. Drainage AGENDA REQUEST Agenda Item No. ~ Date: December 8, 1999 Request to be placed on: X Regular Agenda Special Agenda Workshop Agenda When: December 14, 1999 Description of item (who, what, where, how much): Staff requests Commission approval of deduct Final Chanqe Order %1, Final to Telcon, Inc. for the George Bush Blvd Drainage Improvements (PN 98-02). Change Order %1 represents the plus/minus as-built quantity changes based on actual field measured quantities. The amount is -$392.41. Request is also made for approval to make final payment to Telcon in the amount of $4,531.05. A Contractor Evaluation is attached for your review. Funding will be from Account %448-5411-538-63.68 (George Bush Blvd Drainage Improvements) ORDINANCE/RESOLUTION REQUIRED: YES/NO DRAFT ATTACHED YES/NO Recommendation: Staff recommends approval of Change Order %1, Final and Final Payment to Telcon, Inc. Department head signature: , ~ _ _ ~2 ~-gq Determination of Consistency with Comprehensive Plan: City Attorney Review/Recommendation (if applicable): Budget Director Review (required on all items involving expenditure of funds ): Funding available: ~ES~NO Funding alternatives~- (if applicable) Account No & Description Account Balance City Manager Review: Approved for agenda: ~)/NO Hold Until: Agenda Coordinator Review: Received: Placed on Agenda: Action: Approved/Di sapproved s: \EngAdmin\Proj ects\ 97 \97-005\OFFICIAL\AG102098. DOC City Of Delray Beach. Department of Environmental Services MEMORANDUM TO: David T. Harden City Manager FROM: Deputy Director Howard Wight "IL-- SUBJECT: East George Bush l~lv'd Drainage Improvements Project No. 98-02 DATE: December 8, 1999 Attached is an Agenda Request for Commission approval of deduct Change Order #1, Final to Telcon Utility Contractors for the above referenced Project. Change Order #1 represents the plus/minus as-built quantity adjustments based on actual field measured quantities. The amount is net deduct of $392.41. Request is also made for approval to make final payment to Telcon in the amount of $4,531.05. A Contractor Evaluation is attached for your review. Funding will be from Account #448-5411-538-63.68 (Geo Bush Blvd Drainage). cc: file: S :\EngAdmin\Projects\98\98-02\const\finmemo.doc CITY OF DELRAY BEACH CHANGE ORDER TO ORIGINAL CONTRACT CHANGE NO. 1 ,Final PROJECT NO. 98-02 DATE: PROJECT TITLE: George Bush Blvd Drainage Improvements TO CONTRACTOR: Telcon, Inc. YOU ARE HEREBY REQUESTED TO MAKE THE FOLLOWING CHANGES IN THE PLANS AND SPECIFICATIONS FOR THIS PROJECT AND TO PERFORM THE WORK ACCORDINGLY, SUBJECT TO ALL CONTRACT STIPULATIONS AND COVENANTS. JUSTIFICATION: Final plus/minus as-built quantity changes per Schedule "A" attached SUMMARY OF CONTRACT AMOUNT ORIGINAL CONTRACT AMOUNT $ 77,609.00 COST OF CONSTRUCTION CHANGES PREVIOUSLY ORDERED $ 0.00 ADJUSTED CONTRACT AMOUNT PRIOR TO THIS CHANGE ORDER $ 77,609.00 COST OF CONSTRUCTION CHANGES THIS ORDER ($ 392.41) ADJUSTED CONTRACT AMOUNT INCLUDING THIS CHANGE ORDER $ 77,216.59 PER CENT DECREASE THIS CHANGE ORDER - .5 TOTAL PER CENT DECREASE TO DATE - .5 % CERTIFIED STATEMENT: I hereby certify that the supporting cost data included is, in my considered opinion, accurate; that the prices quoted are fair and reasonable and in proper ratio to the cost of the original work contracted for under benefit of competitive bidding. Telcon, Inc. (Contractor to sign & seal) TO BE FILLED OT BY DEPARTMENT INITIATING CHANGE ORDER Funding Sources are Funding Source is 448-5411-538-63.68 (Gao Bush Blvd Drainage Improvements) DELRAY BEACH, FLORIDA by its City Commission RECOMMEND: By: for Environmental Services Jay Alperin, Mayor ATTEST: APPROVED: By: City Attorney City Clerk -- ? PERIODIC ESTIMATE FOR PARTIAL PAYMENT Name and Locatlo~ of Project: East George Bush Blvd. Drainage Improvements Project # 438 Name of Contractor: Tolcon, Inc. 4341 NW 19th Avenue, Pompano Beach, FI 33064 Contract # 98-002 Periodic Esllmale #: Final lor Perio~l: 1. COST OF WORK COMPLETED TO DATE UNDER CONTRACT ONLY Entries must be #r~te~ to v,~rk ~ onsts under the original contract onty. (Work and coal date under change order is to be show~ in Pad 2 of this Iorm.) Columns (1) through (5), Enter data ~hcwm In columns 1,2,3,4 and B, respectively. Columns (6) and (7). Show -II work m~n~leled !o dale uncler original contract, Column (BI. Enter the dlllerence b~ entries in columrm ($) and (7) Column (gl. Show percent milo of cntmn~ (rI lo cokeon ($) CONTRACT COMm. ETED TO D~TE COST OF UNCOMI~LETEO COMP ITEM OE"~IflTION Of= ITEM Q~ANT. COST ~ TOTAL CO~T QUANT. TOTAL CO~T WORK I Mmnlermeeeo~Tr~ I $ a,160.00 $ 4,$~0.00 100~ $ 4.1e0.00 $ 100~ 2 Oe~illon~Ctee~ I $ 3,45~.00 $ 3.45300 S 3,45~.00; S 3 'Ty~e'C"W 8 $ t,3~.O0 $ 10.472.00 8:S ~0.472.00 S 4 IS'RC~ 155 S 40+00 S 6,200.00 162 S 6.48G00 S (280.0C 105% 5 ilr~i~Tr~ ~ $ 6~.00 $ 3.630.00 4,4 S 2.904.00 $ 7~iCO 6 24"HO~E,ExNtm~OnTrer, ch 255 $ 71.00 S 18.105.00 253 S 17,963.00 S 142.00 7 l'Ty:oeS-IilA~.~haltO,,~'lay&LevLqing 150 $ 68.00 $ 10.200.00 80.455 5.470.60 $ 4.729.40 8 Va#eyC.~t~ 100 $ 16.00 $ 1.600.00 173 $ 2.768.00! $ (1.168.00) 173% 9 As,or, It Trench Re.ir 465 $ 30.00 $ 13.950.00 45~ $ 13.770.00 $ 180.00 99% 10 P~qlte~ Maddng & Wheel StO~ I $ 3,536.00 S 3,536.00 I S 3.536.0O S 100% 11 Re~t~tion(S~g~ge. Heto~cape. e~c.) I $ 1.993.00 $ 1.993.00 I S 1.993.001 S 100% 12 V~e~,~ ,, 300,00 S 300.0~ S -- iS 3~).00 13 Ineemrdy I S t0g0 $ 10.00 I S 10' !00 S 14 SewerReeair I S 705.50 S 105.50 I S 705.50 S TOTAl OF COST CO(.UMNS [ S 78.314.50 S 73,685.10 I S 4.62940 94% MEMORANDUM TO: MAYOR AND CITY COMMISSIONERS FROM: CITY MANAGER ~f~ SUBJECT: AGENDA ITEMff/~- REGULAR MEETING OF DECEMBER 14, 1990 CLOSEOUT CHANGE ORDER #2 & FINAL PAYMENT/MAN CON, INC. (NW AREA DRAINAGE, ROADWAY & UTILITY IMPROVEMENTS) DATE: DECEMBER 10, 1999 This is before the City Commission to approve closeout Change Order #2 in the net deduct amount of $957.00 with Man Con, Inc. for the Northwest Area Drainage, Roadway and Utility Improvements project. The change order represents the plus/minus as-built quantity adjustments based on actual field measured quantifies. Also requested is final payment in the amount of $22,775.06 to Man Con. The project is complete and has been inspected and approved by staff. Funding will be from 442-5178-536-63.50 (R&R - Water Mares). Recommend approval of closeout Change Order #2 and the request for final payment to Man Con, Inc. for completion of the Northwest Area Drainage, Roadway and Utility Improvements project. RefiAgrnemol 6.Closeout. Man Con. NW Area Drainage/Roadway/Utility Agenda Item No.: AGENDA Date: December 8, 1999 Request to be placed on: X Regular Agenda Special Agenda Workshop Agenda When: December 14, 1999 Description of item (who, what, where, how much): Staff requests City Commission to approve deduct Change Order %2, Final to ManCon, Inc. for NW Area Drainage Roadway and Utility Improvements - (98-47). It encompasses the final Contract plus/minus as-built quantity adjustments and is for a net deduct of $957.00. Approval is also requested for final payment to be made to ManCon, Inc. in the amount of $22775.06. A Contractor Evaluation is attached for review. Funding Source is from 442-5178-536-63.50 W/S R&R Water ORDINANCE/RESOLUTION REQUIRED: YES DRAFT ATTACHED YE Recommendation: Staff Recommends approval~of the (C.O. %1, Final)~and final payment to ManCon, Inc. · . ~ / ' Determination of Consistency with Comprehensive Plan: Ci~ Attorney Review/Recommendation (if applicable): Budget Director Review (r/eq~i~on all items involving expenditure of funds): Funding available: (YE~O Funding alternativeb--' (if applicable) Account No. & Description ~9-/~,~ Account Balance. FundinE availaSl~ thro~§h emcu~beranc~ f6r PO# 576443. CityManager Review: Approved for agenda: ~/NO ~ Hold Until: Agenda Coordinator Review: Received: Placed on Agenda: Action: Approved/Disapproved /agen9612.doc City Of Delray Beach · Department of Environmental Services MEMORANDUM To: David T. Harden, City Manager From: Howard Wight, Dep Dir Constructionfl~~~ Date: December 8, 1999 Re: NW Area Drainage, Roadway and Utility Improvements (Project 98-47) Final Closeout Change Order and Payment Request Attached for Commission approval is an agenda request for closeout Change Order #2, Final to ManCon, Inc. on the above referenced Project. It encompasses the final Contract plus/minus as-built quantity adjustments for a net deduct of $957.00. A detailed listing of the adjustments are listed on Schedule "A" attached to the Change Order. Also attached for Commission approval is an agenda request for final payment to ManCon, Inc. in the amount of $22,775.16. A Contractor Evaluation is attached for your review. Funding is from 442-5178-536-63.50 (WATER MAINS) File: Memo to City Manager 9847A :finalpay CITY OF DELRAY BEACH CHANGE ORDER TO ORIGINAL CONTRACT CHANGE NO. 2, Final PROJECT NO. 98-47 DATE: PROJECT TITLE: Northwest Areas Draiange, Roadway and Utility Improvements TO CONTRACTOR: ManCon, lnc. YOU ARE HEREBY REQUESTED TO MAKE THE FOLLOWING CHANGES IN THE PLANS AND SPECIFICATIONS FOR THIS PROJECT AND TO PERFORM THE WORK ACCORDINGLY, SUBJECT TO ALL CONTRACT STIPULATIONS AND COVENANTS. JUSTIFICATION: Final Plus/Minus As-built Quantity Adjustment per Schedule "A" Attached SUMMARY OF CONTRACT AMOUNT ORIGINAL CONTRACT AMOUNT $ 924,596.00 COST OF CONSTRUCTION CHANGES PREVIOUSLY ORDERED $ 215,119.00 ADJUSTED CONTRACT AMOUNT PRIOR TO THIS CHANGE ORDER $1,139.715.00 COST OF CONSTRUCTION CHANGES THIS ORDER $ -957.00 ADJUSTED CONTRACT AMOUNT INCLUDING THIS CHANGE ORDER $1,138,758.00 PER CENT DECREASE THIS CHANGE ORDER .. 1% TOTAL PER CENT INCREASE TO DATE 23.1% CERTIFIED STATEMENT: I hereby certify that the supporting cost data included is, in my considered opinion, accurate. ManCon, Inc. Funding Source: 442-5178-536-63.50 W/S R & R Water Distribution Improvements DELLRAY BEACH, FLORIDA by its City Commission RECOMMEND: By: for Environmental Services Jay Alperin, Mayor ATTEST: APPROVED: By: City Attorney City Clerk Memo To.' David Harden, City Manager ~ j//~ From: Lula Butler, Director, Community Improvement Date: December 8, 1999 City Commission Approval of the Extension of a 20' Finger Pier and the Installation of two 50' Dolphin Piles located at 202 Seabreeze Avenue ITEM BEFORE THE COMMISSION: Commission approval of modification to the standards under section 7.9.8 goveming finger piers pursuant to Section 7.9.4(A), and 7.9.7(C) of Land Development Regulations. BACKGROUND: Mr. Marc deBaptiste is requesting a variance from the City Commission, which would provide for a 25- foot waiver to the maximum 25-foot limitation that these docks are allowed to extend from the seawall. They will be constructing an extension of 30 feet to an existing 20-foot finger pier located in a basin that has a clear channel of 6'13 feet of water. The additional 25 feet is required to allow the boats to be moored safely. The water depth adjacent to the seawall is approximately zero at Iow tide. Mr. deBaptiste has a boat that draws 2 feet 8inches of water. At Iow tide, the boat must be moored beyond 20 feet to be safe from damage. Since the Thomas Street storm pump is adjacent to the current dock, there is a build up of sediment creating shallow water conditions. The dolphin pile waiver is required to allow the two dolphin piles to be greater than the 25 feet allowed by Section 7.9.7 (C). This waiver will allow one dolphin pile to be at 30 feet and one at 50 feet for safe mooring. The owner has provided a letter of their hardship and has received approval from the Department of Environmental Protection and Corps. Of Engineers. The appropriate documents are attached for your reference. RECOMMENDATION: Staff recommends City Commission approval of this waiver pursuant to Section 7.9.4(A) and Section 7.9.7(C) of the Land Development Regulation Standards because this modification will not endanger public safety or welfare and the hardship as presented. · Page 1 7.¢. Agenda Item No. : ~'~. AGENDA REQUEST Request to be placed on: Date: December 8, 1999 ~ Regular Agenda ~ Special Agenda __ Workshop Agenda xxxxx Consent Agenda When: December 14, 1999 Description of item (who, what, where, how much): Commission approval of modification to the standards under Section 7.9.8 governing finger piers pursuant to Section 7.9.4(A), and 7.9.7 (C) of Land Development Regulations. ORDINANCE / RESOLUTION REQUIRED: YES/NO Draft Attached: YES/NO Recommendation: Recommend City Commission approval of this waiver pursuant to Section 7.9.4(A) and Section 7.9.7(C) of the Land Development Regulation Standards because this modification will not endanger public safety or welfare and the hardship as presented. Department Head Signature: '..~,~2~~ ..... ~ City Attorney Review/Recoflffnendation (if applicable): Budget Director Review (required on all items involving expenditure of funds): Funding Available: YES/NO Funding Altematives: .(if applicable) Account No. & Description: Account Balance: City Manager Review: Approved for Agenda: &/N%~ Hold Until: Agenda Coordinator Review: Received: Placed on Agenda: Marc deBaptiste 202 Seabreeze Avenue Delray Beach, Florida 33483 November 22, 1999 ~. Ge~ S~one Ci~ of Dekay Beach 100 No,west Fkst Avenue Dekay Beach, Florida 33~4 RE: 202 Seabreeze Avenue Dock Extension Dear Mr. Sanzone: The purpose of this letter is to discuss two hardships we are encountering in our attempt to meet certain code approvals from the City for an extension of our dock. We have made application with the City of Delray Beach for an extension of our existing dock along with the addition of two dolphin piles. Our application was recently approved for the extension of the dock from the Department of Environmental Protection (file number: 50-0161537-001), a copy of which is attached hereto. There are two elements of our application which do not meet with the City's code: 1) The overall length of the dock with the new extension and 2) The location of dolphin piles. Please let me review the hardships that are associated with each of these items. The extension of our dock is needed in order to safely secure our boat. Our dock is located in a yacht basin, which begins approximately one block north of Atlantic Avenue on the east side of the Intracoastal Waterway. We are located between two no-wake zones: one beginning south of the Atlantic Avenue bridge; the other nmning north which begins approximately two blocks south of the George Bush bridge. Boats located in our yacht basin experience unusually heavy wave action' caused by large vessels which pass either side of the Atlantic Avenue bridge. The problem occurs when boats either traveling south slow down for the bridge, or when traveling north begin to accelerate. By example, during the time which the boat begins to accelerate in order to obtain planing speed, it causes an extraordinary amount of wake which creates large swells nmning through our basin. Our boat draws approximately two feet eight inches and with the waves requires an initial one and a half to two feet in order to keep from hitting the bottom of the basin. At low tide, the bottom of the basin is exposed at our seawall and continues at a moderate downward slope into the basin. Our property is adjacent to the Thomas Street storm pump which over the years has caused sediment to build up and create shallow water conditions. Having the bow pointed at the initial wave action will provide the minimum amount of stress on the lines, docks, and pilings in order to maintain the boat in the safest possible position. Please note that the yacht basin is not part of any navigable thoroughfare and therefore would not cause any Mr. Sanzone November 15, 1999 Page 2 interference from other boats that may be coming along the Intracoastal Waterway or into the basin. The extension of the dock was designed to provide the minimum length required in order for our boat to be situated far enough off the sea wall to accommodate adequate draft due to the heavy wave action. Since our existing dock is L-shaped, if we were to have the boat located on the northern side of the dock, another five feet would be required for the extension of our dock. The proposed area of two new dolphin piles is located within our property-line and the adjacent property is owned by the City of Delray Beach as part of the Thomas Street right-of-way. We are aware of no other vessels which would compete for this space and our boat would be located within the extended line of our property boundary. Further, the dolphin piles are necessary in order to adequately secure our boat from the unusually strong wave activity which occurs from boats as they begin to decelerate and accelerate when passing the Atlantic Avenue bridge. We would greatly appreciate the consideration of a variance due to these two hardship items in order for us to complete the necessary repairs and modifications to our dock. Should you have any questions, please feel free to contact me at (561) 988-8800, extension 104, or (561) 243-4029. Sincerely/~ Attachments 11/22/1999 13:85 95442'75168 PAGE 82 Department of Environmental Protection ~~' 5ou~heas~ District Jeb Bush P.O. Box 15425 D~vid B. 5~uhs West Palm Beach, Florida 33416 Secre~ 1 1999 ~aFc Debaptistc 202 Seabreeze Ave. Dekay Beach, FL 33483 Re: File No.:50-0161537-001 File Name: Debaptiste, Marc Dear Mr. Debaptiste: On October 7, 1999, we received your application for an exemption to perfo~ the follow~g actb,,ifies: m cons~uct a 5-foot by 30-toot dock extension to ~ existing 225 squ~e foot dock and to install 2 dolph~ piles. The area of the new dock will be 375 squ~e feet. ~e project is located ~ ~e In~acoastal Wate~ay (Class III Waters), adjacent to 202 Seabreeze Ave., Detray Beach (Section 16, Township 46 South, Range 43 East). Your application has been reviewed to dete~ine whether it qualifies for ~y of three k~ds of authori~tion that may be necess~ for works ~ wetl~ds or waters of ~e United States. The k~ds of authod~tion ~e (1) regulato~ au~orization, (2) proprietau authorization (related to state-owned submerged l~ds), ~d (3) federal au~ori~tion. ~e authori~ for review ~d the outcomes of the reviews are listed below. Ple~e read each section c~e~lly. Your project may not have qualified for all t~ee ferns of authorization. If your project did not quali~ for one or more of~e author~tions, refer to the specific section deal~g with that authori~tion for advice on how to obm~ it. 1. Regulato~ Review. ~e Depa~ent h~ the authori~ to review your project under P~ IV of Chapter 373, Florida Statutes (F.S.), Title 62, Florida Adminis~ative Code (F.A.C.), ~d in accordance wi~ operating agreements executed be~een ~e Dep~ent and ~e water management dis~icts, as referenced ~ Chapter 62-113, F.A.C. Based on the ~fomation you submi~ed, we have detem~ed ~at your project is exempt from ~e need to obtain a DEP Envkomen~l Resource Pemit under Rule 40E-4.051 (3)(a) and (c) F.A.C. 2. Proprieta~ Review (related to state-owned lands). The Depment acts ~ staff to the Board of Trustees of the Internal ~provement Trust Fund (Board of Trustees) and issues ce~in authori~tions for the use of sovereign submerged lands. ~e Depament has the authori~ to review your project under Chapters 253 ~d 258, F.S., ' ~ ~ oz-o,o.~, 5, F.A.C. Chapters 18-20 and ~ o-~ 1, F.A.C., and Section ~ ~ ~'' n~ Your project will not occur on sovereign submerged land. Therefore, pursuant to Chapter 253.77, F.S., authori~tion from the Board of Trustees is not required. 3. Federal Review (State Programmatic General Permit). Federal authorization for ~e proposed project is reviewed by DEP pursuant to an agreement between the Depa~ment and the U.S. A~y Co~s of Engineers (Co~s). ~e agreement is outlined in a document titled Coordination Agreement Between the U.S. Army Corps of Engineers and the Florida Department of Environmental Protection State Programmatic General Permit, Section 10 of the Rivers and Harb or A ct of 1899 and Section 404 of the Clean Water g ct. Your project has been reviewed for compliance with a State Programmatic General Pe~it (SPGP). As shown on the a~ached drawings, the proposed project is consistent with the SPGP program. The a~ached Co~s general conditions apply to your project. No fu~her penniuing for this activity is required by the Co~s. "More Protection, Less Process" Printed on recycled paper. File Name: Debaptiste, Marc FDEP File No.50~0161537-001 Page 2 The determinations in this letter are based solely on the information provided to the Department and on the statutes and rules in effect when the application was submitted. The determinations are effective only for the specific activity proposed. These determinations shall automatically expire if site conditions materially change or if the governing statutes or rules are amended. In addition, any substantial modifications in your plans should be~ submitted to the Department for review, as changes may result in a permit being required. In any event, this determination shall expire after one year. Notice of Rights of Substantially Affected Persons Be advised that your neighbors and other parties who may be substantially affected by the proposed activity allowed under this determination of exemption have a right to request an administrative hearing (or mediation, if available) on the Department's decision that the proposed activity qualifies for this exemption. If an administrative hearing (or mediation, if available) is timely requested by a substantially affected person, the finding that the proposed activity qualifies for this exemption must be reconsidered, and it is possible that the hearing or mediation could result in a determination that the proposed activity does not qualify for the exemption. Under rule 28-106.111 of the Florida Administrative Code, a request for such an administrative hearing (or mediation, if available) must be filed with the Department's Clerk in the Office of General Counsel within 21 days of either: (a) publication of notice in a newspaper of general circulation in the county where the activity is to take place; or (b) the substantially affected person's receipt of written notice which includes the information contained in Attachment A. The Department will not publish notice of this determination. Publication of this notice by you is optional and not required for you to proceed. However, in the event that an administrative hearing is held and the Department's determination is reversed, proceeding with the proposed activity before the time period for requesting an administrative hearing has expired would mean that the activity was conducted without the required permits. If you wish to limit the time within which all substantially affected persons may request an administrative hearing (or mediation, if available), you may elect to publish, at your own expense, the enclosed notice (Attachment A) one time only in the legal advertisement section of a newspaper of general circulation in the county where the activity is to take place. If you wish to limit the time within which any person may request an administrative hearing (or mediation, if available), you may provide such person, by certified mail, a copy of this determination, including Attachment A. For the purposes of publication, a newspaper of general circulation means a newspaper meeting the requirements of sections 50.011 and 50.031 of the Florida Statutes. In the event you do publish this notice, within seven days of publication, you must provide to the following address a certification or affidavit of publication issued by the .newspaper. If you provide direct written notice to any person as noted above, you must provide to the following address a copy of the direct written notice. Florida Department of Environmental Protection Southeast District Submerged Lands & Environmental Resources Program P.O. Box 15425 West Palm Beach, FL 33416 File Name: Debaptiste, Marc FDEP File No.50-0161537-001 Page 3 If you have any questions, please contact Lisa Perrone at 561/681-6636. When referring to your project, please use the FDEP file name and number listed above. Sincerely, Timothy Rach Environmental Manager Submerged Lands & Environmental Resources Program Enclosures cc: U.S. Army Corps of Engineers Angelo Zepeda, B.K. Marine Construction, 3500 SW 14th Street, Deerfield Beach, FL 33442 Attachment A Notice of Determination of Qualification for Exemption In the Matter of an Application ~ for a Determination of Qualification and Exemption by: FDEP File No. 50-0161537-001 Marc Debaptiste, 202 Seabreeze Ave., Delray Beach, FL 33483 County: Palm Beach The Department of Environmental Protection gives notice that it has determined that the above project qualifies for the exemption established under 40E-4.05 l(3)(a) and (c) F.A.C. to construct a 5-foot by 30-foot dock extension to an existing 225 square foot dock and to install 2 dolphin piles. The area of the new dock will be 375 square feet. The project is located in the Intracoastal Waterway. The Department's determination shall become final unless a timely petition for an administrative hearing is filed under sections 120.569 and 120.57 of the Florida Statutes. The time and procedure for petitioning for a hearing are set forth below. Upon the timely filing of a petition, this determination will not be effective until further order of the Department. A person whose substantial interests are affected by the Department's decision may petition for an administrative proceeding (hearing) under sections 120.569 and 120.57 of the Florida Statutes. The petition must contain the information set forth below and must be filed (received by the clerk) in the Office of General Counsel of the Department at 3900 Commonwealth Boulevard, Mail Station 35, Tallahassee, Florida 32399-3000. The petitioner shall also mail a copy of the petition to the applicant at the address indicated above at the time of filing. Petitions must be filed within 21 days of publication or receipt of this written notice, except that a petition by any person entitled to written notice under section 120.60(3) of the Florida Statutes must be filed within 21 days of receipt of the written notice. The failure of any person to file a petition within the appropriate time period shall constitute a waiver of that person's right to request an administrative determination (hearing) under sections 120.569 and 120.57 of the Florida Statutes. Any subsequent intervention (in a proceeding initiated by another party) will be only at the discretion of the presiding officer upon the filing of a motion in compliance with rule 28- 106.205 of the Florida Administrative Code. A petition must contain the following information: (a) The name, address, and telephone number of each petitioner; the Department file identification number and the county in which the subject matter or activity is located; (b) A statement of how and when each petitioner received notice of the Department action; (c) A statement of how each petitioner's substantial interests are affected by the Department action; (d) A statement of the material facts disputed by the petitioner, if any; (e) A statement of facts that the petitioner contends warrant reversal or modification of the Department action; (f) A statement of which rules or statutes the petitioner contends require reversal or modification of the Department action; and (g) A statement of the relief sought by the petitioner, stating precisely the action that the petitioner wants the Department to take. A petition that does not dispute the material facts on which the Department's action is based shall state that no such facts are in dispute and otherwise shall contain the same information as set forth above, as required by rule 28- 106.301. Because the administrative hearing process is designed to re-determine the Department's determination, the filing of a petition means that the Department's final determination may be different from the determination stated in this notice. Persons whose substantial interests may be affected by any change in the Department's determination have the right to petition to become a party to the proceeding, in accordance with the requirements set forth above. Mediation under section 120.573 of the Florida Statutes is not available for this proceedirlg. The application is available for public inspection during normal business hours, 8:00 a.m. to 5:00 p.m., Monday through Friday, except legal holidays, at the Southeast District office, 400 North Congress Avenue, West Palm Beach, Florida. GENERAL CONDITIONS FOR FEDERAL AUTHORIZATION FOR SPGP III-R1 General Conditions ' t. The time limit for completing the work authorized ends on December 17, 2003. 2. You must maintain the activity authorized by this permit in good condition and in conformance with the terms and conditions of this permit. You are not relieved of this requirement if you abandon the permitted activity, although you may make a good faith transfer to a third party in compliance with General Condition 4 below. Should you wish to cease to maintain the authorized activity or should you desire to abandon it without a good faith transfer, you must obtain a modification of this permit from this office, which may require restoration of the area. 3. If you discover any previously unknown historic or archeological remains while accomplishing the activity authorized by this permit, you must immediately notify this office of what you have found. We will initiate the Federal and State coordination required to determine if the remains warrant a recovery effort or if the site is eligible for listing in the National Register of Historic Places. 4. If you sell the property associated with this permit, you must obtain the signature and mailin~ address of the new owner in the space provided below and forward a copy of the permit to this office to validate the transfer of this authorization. 5. You must allow representatives from this office to inspect the authorized activity at any time deemed necessary to ensure that it is being or has been accomplished in accordance with the terms and conditions of your permit. Further Information: 1. Limits of this authorization. a. This permit does not obviate the need to obtain other Federal, State, or local authorizations required by law. b. This permit does not grant any property rights or exclusive privileges. c. This permit does not authorize any injury to the property or rights of others. d. This permit does not authorize interference with any existing or proposed Federal projects. 2. Limits of Federal Liability. In issuing this permit, the Federal Government does not assume any liability for the' following: a. Damages to the permitted project or uses thereof as a result of other permitted or unpermitted activities or from natural causes. b. Damages to the permitted project or uses thereof as a result of current or future activities undertaken by or on behalf of the United States in the public interest. c. Damages to persons, property, or to other permitted or unpermitted activities or structures caused by the activity authorized by this permit. d. Design or construction deficiencies associated with the permitted work. e. Damage claims associated with any future modification, suspension, or revocation of this permit. 3. Reliance on Applicant's Data: The determination of this office that issuance of this permit is not contrary to the public interest was made in reliance on the information you provided. 4. Reevaluation of Permit Decision: This office may reevaluate its decision on this permit at any time the circumstances warrant. Circumstances that could require a reevaluation include, but are not limited to, the following: ~ a. You fail to comply with the terms and conditions of this permit. b. The information provided by you in support of your permit application proves to have been false, incomplete, or inaccurate (see 3 above). c. Significant new information surfaces which this office did not consider in reaching the original public interest decision. Such a reevaluation may result in a determination that it is appropriate to use the suspension, modification, and revocation procedures contained in 33 CFR 325.7 or enforcement procedures such as those contained in 33 CFR 326.4 and 326.5. The referenced enforcement procedures provide for the issuance of an administrative order requiring you comply with the terms and conditions of your permit and for the initiation of legal action where appropriate. You will be required to pay for any corrective measures ordered by this office, and if you fail to comply with such directive, this office may in certain situations (such as those specified in 33 CFR 209.170) accomplish the corrective measures by contract or otherwise and bill you for the cost. When the structures or work authorized by this permit are still in existence at the time the property is transferred, the terms and conditions of this permit will continue to be binding on the new owner(s) of the property. To validate the transfer of this permit and the associated liabilities associated with compliance with its terms and conditions, have the transferee sign and date below. (TRANSFEREE-SIGNATURE) (DATE) (NAME-PRINTED) (ADDRESS) Manatee Conditions for Federal Authorization 1. The permittee shall instruct all personnel associated with the project of the potential presence of manatees and the need to avoid collisions with manatees. All construction personnel are responsible for observing water-related activities for the presence of manatee(s). 2. The permittee shall advise all construction personnel that there are civil and criminal penalties for harming, harassing, or killing manatees which are protected under the Marine Mammal Protection Act of 1972, the Endangered Species Act of 1973, and the Florida Manatee Sanctuary Act of 1978. The permittee and/or contractor may be held responsible for any manatee harmed, harassed, or killed as a result of construction activities. 3. Siltation barriers shall be installed and shall be made of material in which manatees cannot become entangled, shall be properly secured, and shall be monitored regularly to avoid manatee entrapment. Barriers shall not block manatee entry to or exit from essential habitat. 4. All vessels associated with the project shall operate at "no wake/idle" speeds at all times while in water where the draft of the vessel provides less than four feet clearance from the bottom and that vessels shall follow routes of deep water whenever possible. 5. If a manatee is sighted within 100 yards of the project area, all appropriate precautions shall be implemented by the permittee/contractor to ensure protection of the manatee. These precautions shall include the operation of all moving equipment no closer than 50 feet of a manatee. Operation of any equipment closer than 50 feet to a manatee shall necessitate immediate shutdown of that equipment. Activities will not resume until the manatee(s) has departed the project area of its own volition. 6. Any collision with and/or injury to a manatee shall be reported immediately to the "Manatee Hotline" at 1-800-DIAL-FMP (1-800-342-5367). Collision and/or injury should also be reported to the U.S. Fish and Wildlife Service in Vero Beach (1-561-562-3909) in south Florida. 7. Temporary signs concerning manatees shall be posted prior to and during construction/dredging activities. All signs are to be removed by the lessee/grantee upon completion of the project. A sign measuring at least 3 feet by 4 feet which reads Caution: Manatee Area will be posted in a location prominently visible to water related construction crews. A second sign should be posted if vessels are associated with the construction, and should be placed visible to the vessel operator. The second sign should be at least 8 1/2 inches by 11 inches which reads: Caution: Manatee Habitat. Idle speed is required if operating a vessel in the construction area. All equipment must be shutdown ifa manatee comes within 50feet of the operation. A collision with and/or #~jury to a manatee shall be reported immediately to the Florida Marine t~atrol at 1- 800-DIAL-FMP ('1-800-343-5367) and the US. Fish and Wildlife Sera, ice at (1-561-562-3909.) for south Florida. SEE MAP NO'S 79 & 80 -, ( NE 15 N LAKE AV Ida~/ NE 14 St LAKE / rJw 12 La BasJn HIDDEN ~J~ARBOR L~'lubhouse 1 ST H~DDEN--~ Ida PKJDelrav L* ST Har~ '. ~ Beach La P'ublic ' ClR > SW T CT; ,YAL PALM Hater - MALL 'l]C~'~-~, RATON ATLANTIC ~[11739 BOGA ~ATON ATLANTIC 611739 DOLPHIN PiLE DETAIL prop. fine prop. line I I I I I existing pier ~0' proposed dolphinpile // clea~ wi~h 2-~8" lag bo~ v':~ existing grade ~ 2" dia. wood NOTES: ~. Afi piles she#be ~ 2" min. in dia. and sh~# have a min. load bearing of 'lO tons and have a min. penetration of 'lO' into strata. 2. ff hard strata is incountered a 3' min. penetration is required. 3. All hardware shall be hot dipped gaivanized. 4. Drawing not to sca~e. ;' 'OO~A ¢IATON ATLANTIC 811]'39 FINGER P/ER DETAIL ~~'~' 1 4' ,, ajuminum cap ~ NOTES: ~. All piles shall have e min. penetration of '~0' into strata with a min. load bearing of '~0 tons. 2. If hard strata is encountered a 3' min. penetration is required. 3. All hardware shall be hot dipped galvanized. 4. All lumber shall be c.c.a, pressure treated. 5. Drawing not to scale. DEB. APTiSTE I. ~ 2O2 Seabre~_ze Ave. J Delray Beach, Fl. · ., MEMORANDUM TO: MAYOR AND CITY COMMISSIONERS FROM: CITY MANAGER ~p'b~ SUBJECT: AGENDA ITEM ~/4 . REGULAR MEETING OF DECEMBER 14, 1999 AWARD OF BIDS AND CONTRACTS DATE: DECEMBER 10, 1999 This is before the City Commission to approve the award of the following bids and contracts: 1. Contract award in the amount of $299,577.75 to Siga, Inc. for construction of the Orchard View park facility located in front of Orchard View Elementary School on Old Germantown Road at Linton Boulevard, with funding from 117-4178~572-63.40 (Recreation Impact Fee Fund/Southwest Park). 2. Award of purchase order in the amount of $18,500.00 to Johnson Davis, Inc. for the emergency replacement of a segment of a collapsing sanitary sewer gravity main at the intersection of S.W. 2nd Street and S.W. 7th Avenue, with funding from 442-5178-536-63.51 (R&R/Sewer Mains). 3. Purchase award in the amount of $3~,,,,,~,.0~ to RLS Lighting, Inc., sole source supplier, for the purchase of 13 park benches and 20 litter containers with liners and lids, to be placed along East Atlantic Avenue from Swinton Avenue to the Intracoastal Waterway. Funding is available from 334~6111-519-63.90 (General Construction Fund - Street Furniture/Atlantic Avenue). Recommend approval of the purchase and contract awards listed above. RefiBid.Agmerno. 12.14.99 Agenda Item No. $ f// AGENDA REQUEST Date: November 9, 1999 Request to be placed on: X Regular Agenda Special Agenda ~ Workshop Agenda When: November 16, 1999 Description of item {who, what, where, how much)~ Staff requests City Commission approve a construction contract with Siga, Inc., the lowest responsive bidder, in the amount of $299,577.75, for the construction of Orchard View Park. Funding is available from the Recreation Impact Fee Fund/Southwest Park, Account No. 117-4178-572-63.40. ORDINANCE/RESOLUTION REQUIRED: Not required. Recommendation: Staff recommends City Commission approve a construction contract with Sigas, Inc. in the amount of $299,577.75 for the construction of Orchard View Park. Department head signature: -,- .~ /'Z_- ~-~; ~ Determination of Consistency with Comprehensive Plan: City Attorney Review/Recommendation if applicable): Budget Director Review (required on all items involving expenditure of funds): Funding available: YES/NO Funding alternatives (if applicable): Account No. & Description 117-4178-572-63.40 Recreation Impact Fee / Southwest Park. Account Balance ~ 35'1. ,~ ~o~,o0 o~0 e~J /o~ j q'~/ '"o"7] -(27 City Manager Review: " ' D ' ' - ' Approved for agenda: ~NO ~I Hold Until: Agenda Coordinator Review: Received: Placed on Agenda: Action: Approved/Disapproved s:\..399033~agreql 11699 City Of Delray Beach · Department of Environmental Services MEMORANDUM To: David T. Harden City Manager .1 From: Howard Wight //.,,,,"~ Dep Director of cp r ,,on, Date: December 8, 1999 Subject: AGENDA REQUEST for 12114199 Orchard View Park Project No. 97-19 Attached is an Agenda Request for City Commission approval of award of contract to Siga, Incoorporated for the construction of a park facility. The facilities will be located on City owned property located in front of Orchard View Elementary School on Old Germantown Road at Linton Blvd. The work generally includes six picnic pavillions, restroom, parking area, playground, walkways and landscaping/irrigation. On Wednesday, October 21, 1999, the City opened bids for this project with the lowest responsive bid at $299,577.75 from Siga, Inc. Engineers estimate for the project was $350,000. A copy of the bid tabulation is attached for your review. A review of the contractor's references proved favorable. Staff recommends City Commission approve an award of construction contract to Sigas, Inc., in the amount of $299,577.75, for the construction of the new Orchard View Park project. Funding is available from 117-4178-572-63.40, (Recreation Impact Fee Fund/Southwest Park). CC: Joe Weldon: Director of Parks & Recreation Howard Wight; Deputy Director of Construction, ESD File 97-19 (A) s\...\97019~agmem 121499 .~. Bidder will complete the Work for the following prices: I SCHEDULE OF BID PRICES ITEM DESCRIPTION UNIT QUANTITY UNIT UNIT PRICE EXTENDED NO TOTAL PRICE Clearing and Grubbing ! LS $ 49,123.00 $ 49 ~ 123.00 Unhpriceinwords ,Forty-Nine Thousand One Hundred Twenty-Three Dollars Cents Asphalt Parking Areas I LS $ 27 ~ 619.00 $ 27 ~ 619.00 Unit pric¢inwords Twenty-Seven Thousand Six Hundred Nineteen Dollars Cents Pavilion Installations 1 LS $ 20 ~ 819.00 $ 20,819.00 p Unit priceinwords Twenty Thousand Eight Hundred Nineteen Dollars Cents i 4 Concrete walkways 400 LF $ 29.62 $ 11,848.00 Unit price in words Twenty-Nine Dollars SixtT-Two C~n~ $ Asphalt walkways 1,500 LF $ 19.43 $ 29,145.00 Unit price in words Nineteen Dollars Forty-Three Cents Schedule of Bid Prices (continued) 6 Landscaping ! LS $ 40,889. O0 $ 40,889. O0 Unit price in words Forty Thousand Eight Hundred Eighty-Nine Dollars ~ Cents I 7 Irrigation 1 LS $ 13 ~ 500.00~ $ 13,500.00 Unit price in words ~ Thirteen Thousand Five Hundred Dollar~ Cents Playground Area Sitework I LS $ 5,/465.00 $ 5.665.00 Unit price in words Five Thousand Four Hundred Sixty-Five Dollars Cents 9 Playground Area Fencing 1 LS $ 5 ~ 050.00 $ 5 ~ 050.00 Unit price in words Five Thousand Fifty ~ Dollars Cents I0 Entrance gate I LS .-.. $ 3,205.00 $ 3,205.00 Unit price in words Three Thousand Two Hundred Five Dollars C~nts P3.2 ;chedule of Bid Prices ~ ll Restroom I LS $ 79,393.75 $ 79~393.75 Unit price in words ~ Seventy-Nine Thousand Three Hundred Ninety-Three Seventy-Five Cents Site Amenties ! LS $ 3,511.00 $ 3~511.00 Unit price in words Three Thousand Five Hundred Eleven Dollars ~ Cents '13 Contingency 1 LS $ I0~000.00 $ 10~000.00 Allowance Unit price in words Ten Thousand Dollars No Cents 14 Indemnification I LS $ 10.00 $ 10.00 Allowance Ten No Cents Total Bid Amount Item 1 Through 14 (in numbers) $ 299~577.75 Total Bid Amount Items I Through 14 (in words) ~_wo Hundred Ninety-Nine Thousand Five Hundred Seventy-Seven ~ Dollars Seventy-Five Cents P3.3 AGENDA REQUEST Agenda Item NO. Request to be placed on: X Regular Agenda Date: December 08, 1999 __ Special Agenda __ Workshop Agenda When: December 14, 1999 Description of item (who, what, where, how much): Staff requests Commission award a purchase order to Johnson-Davis, Inc. for the emergency replacement of a segment of sanitary_ sewer gravi _ty main at the Intersection of Southwest 2nd Street and Southwest 7th Avenue in the total amount of $18,500.00. The project generally consists of removal/replacement of the main and restoration of the disturbed area. Funding is from R&R Account #442-5178-536-63.51, Sewer Mains. ORDINANCE/RESOLUTION REQUIRED: YES/NO DRAFT ATTACHED YES/NO Recommendation: Staff recommends award of purchase order to Johnson-Davis, Inc in the amount of $18,500.00. Department head siguature: ~( - -~- ~ It5 ~oC-- ~ Determination of Consistency with Comprehensive Plan: City Attorney Review/Recommendation (if applicable): Budget Director Review (required on all items involving expenditure of funds): Funding available: YES/NO Funding alternatives .(if applicable) AccountNo. & Description ~-~ / 7~'-5 .~' ~--~ ,~1 ~ ~o,~ Account Bal~ce ~ ~ ~7 ~d~e~ ~ &cf~ ~ 7~. ~r-~/ ~ 'd~rr~ ~/ ~ ~$ / ~/qq~ CiW Manager Review: -~. 0 /~0~ Approved for agenda: ~S~O Hold Until: Agenda Coordinator Review: Received: Placed on Agenda: Action: Approve~isapproved \\essrv002\davis~FormskAgendaReq 120899.doc City Of Delray Beach Department of Environmental Services M E M 0 R A N D U M TO: David T. Harden City Manager FROM: C. Danvers Beat[y, P.E.~ Deputy Director of Publi DATE: December 8, 1999 SUBJ£CT: Emergency Sewer Main Replacement Southwest 2® Street and Southwest 7® Avenue Attached for Commission approval is an agenda request for award of a Purchase Order to Johnson-Davis, Inc. This P.O. encompasses emergency replacement of approximately 26 feet of collapsing main line at the Intersection of Southwest 2® Street and Southwest 7th Avenue (see attached location map), including restoration and clean- up. The existing line segment is collapsing and infiltration into the system has created a large cavity adjacent to the roadway. Three proposals were solicited and received for this work. Johnson-Davis, Inc. at $18,500.00; followed by Chaz Equipment, Inc. at $36,000.00; and Man Con, Inc. at $39,900.00. Recently, proposals were solicited for an emergency manhole replacement in which Johnson-Davis, Inc. was also the Iow quote. The work was awarded to the second bidder because Johnson-Davis could not respond until after the first of the year. The emergency line replacement is not as severe as the previous manhole replacement and can be postponed until after January 1. If acceptable please place this item on the December 14, 1999 Agenda for consideration by City Commission. Funding source is from #442-5178-536-63.51 (Sewer Mains). cc: Richard C. Hasko, Director of Environmental Services Howard Wright, Deputy Director of Construction City Clerks Office U:~vlemos~DHarden 120899.doc E INEERING JOHNSON-DAVIS INC. HEAVY CONSTRUCTION 604 HILLBRATH DRIVE UNDERGROUND UTILITIES LANTANA, FLORIDA 33462-1694 October 20, !099 561-588-1170 FAX 561-585-5252 CU-C043087 Mr. Howard Wight City of Delray Beach 434 S. Swinton Delray Beach, FL 33444 Re: Sewer Repair - S.W. 2"d Street and S.W. 7th Avenue Dear Howard: We respectfully submit the following proposal for your review. The work involves the removal and replacement of approximately 26.0 LF of 8" PVC sewer pipe north of the existing manhole. The following is our lump sum price for this repair: Lump Sum $ 18,500.00 Includes: Excludes: 26.0+ LF of 8" PVC 14'+ Cut Permit and Permit Fees Connection to Existing Manhole Cost of Meter and Water Dewatering Asphalt Overlay Removal of Excess Material By-Pass Pumping Maintenance of Traffic Density Testing Sod Restoration Asphalt Repair Due to our current workload and the storms we have encountered during the past two months that have put our crews behind schedule, our immediate response would be difficult for this emergency repair. If you select Johnson-Davis Inc. to make this repair for the City we will try to accommodate you as soon as possible. Siq~ , Robert E. Spink Vice President w:\proposal'~spin k '~delrayrepair F~OM : ~haz. ERuipm~n~ FAX NO. : 1561~552180 Oct. 27 1999 03:17PM P2 Wellington, FL 33414 Phone: 561-333~2109 Fax: 561~333-2180 PROPOSAL Date: October 26, 1999 Work To Be Pedormed At: S.W. 7th Avenue & Proposal Submitted To: S.W. 2nd Street, Deiray Beach, FI. City or Delray Beach At'tn: Howard Wight SCOPE OF WORK: Repair No, 1, Repair No.2 Repair No. l ITEM 1.) Mobilization $ 2,500.00 Z.) M.O.T. $ 1,500.00 3.) Replace 8" Gravity Main Approximately 14' Deep $ 26,500.00 From existing M.H., north 40', using 8" C-900 4.) 6" sewer lateral from new 8" C-900 to existing clay pipe, within trench line, using 6" S.D.R. 35 $ 500.00 5.) Restoration $ 5,000.00 Total Repair No, 1 ~ Note: if repair of existing main exceeds 40 ff., a charge of $200.00 per fi. will be added Repair No. 2 ITEM 1.) Mobilization $ 2,500.00" 2.) M.O.T. $ 1,500.00 . 3.) Replace 12" Gravity Main from existing M.H. to existing pump station approximately t5' deep using 16" C-900 $ 33,500.00 FROM :'Chaz Equipment FAX NO. : 15613332180 Oct. 27 1999 03:17PM P3 Repair No. 2 continued 4.) By-Pass Pumping $2,500,00 5.) Re-hab existing M,H. with Strong Seal High Performance, if requested by City $ 2,100.00 6.) Restoration $ 1,500.00 Total Repair No. 2 $ 43,600,00 Inclusions: Labor, Equipment and Materials Exclusions: Permits Testing Lab Fees TOTAL REPAIR NO, 1 AND REPAIR NO. 2 $79,600,00 *Note: If Repair No. 1 and Repair No. 2 are conducted at the same time, there will be no charge for mobiliation or M.QT. for Repair No. 2, We hereby propose to furnish the labor, equipment and matedal for the above-referenced project for the above specified price. WITH PAYMENTS TO BE MADE AS FOLLOWS: WITHIN 30 DAYS OF INVOICE The above work is to be performed in accordance with the drawings and specifications submitted for the above work and completed in a substantial workmanlike manner, Respectfully submiffed by Chaz Equipment Co., Inc. Per: ~arY'"Czajkowski NOTE: Tl~i$ quotation is for your acceptance in its entirety within 15 days. If the quantities or descriptions requi~ed should change, Chaz Equipment Co., Inc. reserves the right to submit a revised quotation. 10/27/99 11:~0 FAX 1- 305 4~27 $133 31AN CON, INC ~001/001 mm ~mmm INCORPORATED ENGINEERING CONT~OTORS Broward: (954) 3460 S.W. 11th Street Dada: (954) 94~85E2 Deerfield Beach, Florida 33442 Fax: (954) 427-81 ~ 3 October 27, 1999 Mr. Howard Wight City of Delray Beach Department of Environmental Services Engineering Division 434 South Swinton Avenue Delray Beach, FL 33444 RE: Sewer Repairs at SW 7th Avenue and SW 2nd Street Dear Howard: Our firm is pleased to offer you the following prices for the above project. 1. Repair 8-inch sewer line for a total price ~.00.~ 2. Replace the line between the pump station and the manhole with 24-inch PVC for a total price of $47,900.00. Exclusions: 1. Power pole relocation. 2. New precast manhole. Guy A. Mancini President Agenda Item No. ~--~ AGENDA REQUEST Date: 8-Dec-99 Request to be placed on: X Regular Agenda Special Agenda Workshop Agenda When: 14-Dec-99 Description of item (who, what, where, how much): Commission approval to purchase 15 park benches and 20 litter containers with liners and lids. The benches and receptacles are to be placed along East Atlantic Avenue from Swinton Avenue to the Intracoastal Waterway. Total cost for the benches and litter containers is $32,175.00. Funding is available from account # 334- 6111-519-63.90, and # 433-3711-534-49.35. ORDINANCE/RESOLUTION REQUIRED: YES,NO DRAFT ATTACHED YES/NO Recommendation: Staff recom~~ Department head signature <..- Determination of Consistency with Comprehensive Plan: City Attomey Review/Recommendation (if applicable){ Budget Director Review (required on all items involving expenditure of funds): Funding available: YES/NO Funding alternatives (if applicable) Account No. & Description 334-6111-519-63.90, Other Improvements 433-3711-534-49.35, Cart replacement & Renewal Account Balance $31,800.00, and $110,000.00 ~ ~.! 1,2/to/q~/,¢)o .~ ' City Manager Review: Approved for agenda: E~NO~ Hold Until: Agenda Coordinator Review: Received: Placed on Agenda: Action: Approved/Disapproved cc: Ag520.doc City Of Delray Beach Department of Environmental Services M E M 0 R A N D U M TO: David T. Harden, City Manager FROM: Randal L. Krejcarek, P.E., City Engineer; DATE: 9-Dec-99 SUBJECT: East Atlantic Ave - Street Furniture Project # 2000-034 Commission Agenda Item Attached is an agenda item for Commission approval to purchase 15 park benches and 20 litter containers with liners and lids. The benches and receptacles are to be placed along East Atlantic Avenue from Swinton Avenue to the Intracoastal Waterway. The park benches (Palm Beach 6' Green Park Bench) and lifter containers (Palm Beach Green Litter Container with Liner and Lid) are specialty designs that were chosen by the City of Delray Beach and the DDA. Total cost for the benches and litter containers is as follows: Quantity Unit Price Total Price Benches 15 $1,085.00 $16,275.00 Litter Containers 20 $ 795.00 $15,900.00 Total $32,175.00 Funding for the benches is available from account # 334-6111-519-63.90 Other Improvements, and funding for the litter containers is available from account # 433-3711-534-49.35, Cart Replacement & Renewal. Please place this item on the 14 December 1999 Commission meeting. enc cc: Richard Hasko, P.E., Director of Env. Svcs. Joseph Safford, Finance Director S:~EngAdminV:¥ojectst2000~agendamemoOI-2000-O34. doc ~'~ /~ ~ ~d ~4d0~:~0 666Y YY 'un£ ~69££B6~S6 : 'ON BNOHd ~NIJJHgI~S-rd : ~N_H QUOTE Hollywood, FL 33023 I ~_~:;" .... _.DATE QUOTE NO. Ph: (954) 983-4340 uc~vr~,¥c, l~vc. 6/15/99 A0615901 N~E / ~DRESS SHIP TO C[~ of Delray Beach Job 1 Accoun~ Payable 100 NW 1 st Ave Delmy B~ch, FL 33ddd 561-243-7115 PROJECT ~ Job 1 TERMS , P.O. NO. F.O.B DWG. NO. Net 30 None QTY ITEM DESCRIPTION RATE TOTAL 1 : PBA-6-GR Palm Beach 6' Para Bench (Green) 1,085.00 1,085.00 1 LCA-GR Palm Beach Litter Container (with liner & lid) 795.00 795.00 Green RECEIVED JUN 1 5 1999 PUBLIC WORKS Quotation valid for 30 days. TOTAL $4,8eo.0o Finance Charge of 1.5% per month (18% per annum) will be made on ali past due accounts. Should litigation be SIGNATURE '" ... required, reasonable legal fees will also be charged. MEMORANDUM TO: MAYOR AND CITY COMMISSIONERS FROM: CITY MANAGER~,,~ SUBJECT: AGENDA ITEM ~5~ _ REGULAR MEETING OF DECEMBER 7, 1999 REQUEST FOR WAIVER/CONTRIBUTION FOR IMPROVING AND/OR EXTENDING S.W. 7'm STREET DATE: DECEMBER 3, 1999 We received the attached request from Mr. Romula Guilarte, President, Stone Station Florida Inc., to waive the requirements of LDR Section 6.1.2(A)(2) which calls for a project to contribute half the cost of hnproving an unimproved local street located on a boundary of a proposed project. Mr. Guilarte's company is interested in purchasing property located at the southeast corner of S.W. 15th Avenue and S.W. 7th Street for possible industrial development. As indicated in his attached letter, the purchase will not proceed if the City requires the property owner to pay at least half the cost of improving and/or extending S.W. 7th Street. The City Commission may waive all or a portion of this requirement (estimated at approximately $30,000) provided the City Engineer concurs in the granting of the waiver. Waivers are typically requested in conjunction with site plan approval applications. In this case, however, Mr. Guilarte does not want to incur the costs associated with a site plan submittal if he cannot be assured that he will not be required to contribute to the cost of the S.W. 7th Street improvements. Recommend Commission consideration. The City Engineer will be present at the meeting to discuss the waiver request. POSTPONED FROM 12/7/99 Ref:Agmemo22.Waiver Request. SW 7~ Street Imp. 'FROM : FA)< NO. : Nov. ;2 1999 09:49AM Piti]?/~ November 12, 1999 ~ECEIVE[') STONE STA'I'ION FLORIDA INC 2so8 NW Co. t NOV i 1999 Pembroke Pines, FI_ 33028 Tel: (954) 4434253 CITY MANAGER Fax: (954) 443-4254 E-mail: rguilartaC_~aol.eom Attn: Mr. David Harden City Manager City of Dekay Beach 100 NW 1 '~ Avenue Dekay Beach, Florida, 33444 Dear Mr. Harden: Our company is purchasing land at the corner of SW 7~h Street and SW 15"' Ay. The purchase is contingent upon receipt of site plan approval, which will entail considerable expense including the cost of surveys, engineers, and architects. However, our deal will not go through if the City requires the property owner to pay for the cost o l' improving and/or extending SW 7~h Street. Therefore, prior to incurring these expenses, we would request that. the City confirm that we will not required to conn'ibutc to the cost of thc SW 7tl~ Strccq improvements. Since time is of the essmme, your prompt attention to this matter would be greatly appreciated. Please feel f~ee to call should you have any question or ill can be of further assistance. Preside ! ~ DELRAY BEACH AII-JI~,IY~:~iCS[~ 109 h!.W. 1st AVENUE · DELRAY BEACH, FLORIDA 334z:4 . £51/243-7000 ,®~ October 21, 1999 *** Via Fax/Mail*** ]993 Mr. Rumulo Guilarte Stone Station Florida, Inc. 12508 NW 18th COUrt Pembroke Pines, FL 33028 Re' Scaltrito Property, Southeast Corner of SW 'J5th Avenue and SW 7th Street, Delray Beach, FL Dear Mr. Guilarte: This letter is provided as a follow-up to our conversation regarding the status of SW 7th Street extension from SW 15th Avenue to Auburn Avenue, and your request for zoning verification, as it relates to your proposal to build a three-phased 43,000 sq.fl, industrial development. SW 74h Street Extension SW 7th Street is unimproved between SW 15th Avenue and Auburn Trace. It is the City's intention to eventually have SW 7th Street extended to Auburn Avenue to improve traffic circulation as it relates to improvements at the Delray Full Service Center and Catherine Strong Center. Pursuant to LDR Section 5.3.1(A)(Dedication Required), when development is adjacent to an existing or planned street, the development shall be responsible for providing one-half of the ultimate right-of-way, or such portion of that right-of-way which is yet undedicated and which is on that development's side of the center line. Pursuant to LDR Section 5.3.1(D)(2), the required right-of-way width for SW 7th Street is 60 feet however, the DSMG (Development Services Management Group), which is comprised of the City Manager and Department Heads involved with development review, along with the City Engineer, have determined that 50 feet of right-of-way is adequate for SW 7th Street [ref. LDR Section 5.3.1(D)(4)(Reduction in Width)]. This will require dedication of 25' from the north side of the portion of the subject property east of Lot 6, Block 3, Replat of Delray Beach Heights Section A & B. Pursuant to Section 6.1.2(A)(2), when an unimproved local street or alley is located on a boundary of the project, the project is responsible for providing one-half of the improvements unless greater participation is required, i.e. when a street is needed to carry the traffic from the project and/or when additional travel lanes are required to accommodate the traffic. If it is impractical to physically provide the THE EFFORT ALWAYS MATTERS To: Mr. Rumulo Guilarte Re: Scaltrito Property Page 2 improvements, this obligation may be met by payment of cash funds equal to the ' current cost for installation of such improvements. As SW 7th Street will not be used as access by your development, you will be responsible for one-half the cost of improvements. Based upon preliminary cost estimates prepared by the City's Engineering Division, the cost would be $80 per foot, or approximately $30,000 ($80 X 374'). The City Commission may waive all or a pol-~ion of this requirement provided the City Engineer concurs in the granting of the waiver. Waivers are typically requested in conjunction with site plan approval requests. Zoninc~/Use Verification The subject property is zoned LI (Light Industrial). The property~is located within Wellfield Protection Zones 1,2, and 3, and is subject to the Palm Beach County Wellfield Protection Ordinance. Per your letter, you are requesting verification that wholesale, sto~-age, and distribution are allowed. As Phase III includes a 10,000 sq.ft, building for stone processing machines for marblelgranite manufacturing, you also requested verification that manufacturing and assembly of stone similar to King Marble and Casale Marble Import are permitted. The wholesale, storage and distribution of stone products is a permitted use in the LI zone district. Storage of products may not include those which are listed as Regulated Substances list as maintained per Section 4.5.5.(B)(Wellfield Protection). Casale Marble Imports is zoned I (Industrial) which allows monument and stone cutting facilities as a conditional use. King Marble was approved as a import/export, storage and distribution facility, and their occupational license is for "merchant - wholesale". The facility is not licensed for stone cutting/fabrication. The LI zone district does not list stone cutting facilities as an allowable use, and therefore that use could not be established on the subject property. Should you have any questions, please contact me at 243-7041. J pff~, ,~JA. Costello r, inc~al Planner c: Diane Dominguez, Director of Planning and Zoning S :/DocumentslL &MIScaltritoProperty October 1 g, 1999 STONE STATION FLORIDA INC 12508 NW 18TM Court Pembroke Pines, FL 33028 Tel: (954) 443-4253 Fax: (954) 443-4254 E-mail: rguilarte~aol.com Attn: Jeffrey A. Costello, A.I.C.P. Principal Manager City of Delray Beach 100 N.W. 1 st Avenue Delray Beach, Florida, 33444 Dear Mr. Costello: As you are aware I am in contract to buy the property SW 15t}~ Ave & SW 8th Street, Dekay Beach FL. This property is classified as Light Industrial zone 2, providing the opportunity for developing wholesale and manufacturing activities, to memion some of them, according to your codes on section 4.4.26. In view of the above indicated I like to ~know ifI could use this property for Wholesaling, Storage, and Distribution; and Manufacturing and Assembly Stone shnilar to King Marble and Casale Marble Import. Our intention will be to build a 43,000-sqft building in three faces including at the end of face III 10,000-sqft space about, to set up stone processing machines for marble/granite manufacturing similar to our neighboring companies. I look forward to hearing from you at your convenience. Ro~ tuloGuil ~a~ Frank A. Scaltrito 4 Via Angelico Pahn Beach Gardens, FL 33418 November 16, 1999 Mr. David ltarden, City Manager City of Delray Beach 100 N. W. First Avenue Delray Beach, Florida 33444 Re: History of Deh'ay Beach Heights, Extension "A" and "B" The subject land was purchased in early 1984. At the time, the Planning Department was in process of doing a master plan and we were asked by Mr. McDaniels of the Zoning Department to join in the process. I purchased a copy of the Zoning Ordinance and paid the $300 Zoning Change and Filing Fee and obtained a list of all property owners within the affected area of the proposed change. We notified all affected ovmers and completed our part of the process leading up to change in zoning. At a regularly scheduled Council meeting, September 24, 1984, Ordinance No. 71-84 passed first reading, Public hearing to be held November 13, 1984. The Ordinance was adopted at that meeting. The property was zoned Light Industrial. In October 1985 we had a proposal from Randy's Ribs to purchase the property and build a food storage warehouse. The purchaser was told his building plans would not be approved because there was a plan to extend 14th Avenue to the north, across the East Side of our property, resulting in a set back of 50 feet. This greatly reduced building coverage making the property unusable. In 1986 we proposed to construct an office/warehouse complex. The restrictions placed upon us were so onerous we could not go further. Yet, the owner of Lots 1 and 2 was using the property to store construction equipment in an unsightly manner. In the early part of 1990 we joined with Code lnc. a developer from the Jupiter area to again explore the possibility of constructing an office/warehouse complex. Mr. Mattson of Code, Inc. went to city hall to begin this prqiect and was told the property was zoned RM 15 not light industrial. In February of 1990 the property was rezoned having to do with the Auburn Trace proposed development adjoining our property to the north. We xvere never notified of this rezoning and were told it was accomplished by notice in the local ne,vspaper. Again, we were stymied in the development of this property. In October 1989 the 14th Avenue extension was completed. The new set back requirements greatly reduced the value of our property due to its reduction of allowable building coverage. November 16, 1999 David Itardin, Page 2 In December 1993 we again pursued the possibility of developing the property. Since RMI 5 allowed for ] 5 units to the acre we explored the possibility of doing a Government Section 8 prqiect of low-income housing. After approaching the Planning Department, we received a letter from Diane Dominguez dated April 1,1994 and were told lhe property would again be rezoned to Light Industrial with restrictions due to certain "well fields". Back in 1988 certain water tanks were placed on the West Side of the property bordering S. W. 15th Avenue. At that time I spoke to a Mr. Pontek in the Utilities Department and was told these were temporary, "six months at the most". Now we find out these are permanent installations and greatly affect the development of our property. Subsequent to this time, we were approached by several developers wanting to purchase the property but each time they were discouraged when they learned of the onerous restrictions placed on the properly. This prompted me to write a letter to the City Attorney, Susan Ruby, requesting the City purchase this property and use it for whatever purpose it deemed fit. Naturally, the City did not entertain this suggestion. In the summer of 1997 we received an offer for purchase from Lloyd Hasner, a Deh-ay Beach Developer. l~lis intention was to construct a small building of about 5,000 square feet for his company's office and develop the remaining parcel with office/warehouse in units of 1500 square feet each. The Planning Department informed him there was a 4,000 square foot ~ninimum restriction on this property. This seemed extremely onerous especially since the properly adjoining ours to the South is zoned to allow mini- warehouses. I xvas told by the Planning Department to apply for a "Text Amendment". In November 1997, we paid the required fee and made application that was subsequently approved by the Plamfing and Zoning Department. Nothing further was heard until April 1998 when we approached the Planning Department with another project to build office/warehouses which included units of 2,000 square feet and were told the Text Amendment was turned down by the City Commission at a meeting on January 16, 1998. Again, we were never notified of this meeting. On April 28, 1998, I wrote a letter to Mayor Jay Alperin. His answer in effect said to go back before Planning and Zoning. This seemed unusual and highly a waste of time. We now had to try to find users of at least 4,000 square feet. In the meantime we have a drawer full of proposals for the development of the property all of which did not meet the City's requirements. Each time these prospects are scared off by Planning either due to the size restrictions, the well fields, or the other restrictions impeding development. November 16, 1999 David Hm'din, Page 3 We now have a party wanting to purchase the property who meets all the requirements and restrictions and he is told the City wants to "take" 25 feet offthe North end for the extension ofN. W. 7th Street. On top of this, he is told he ina), have to pa), for one-half of the cost of construction of this street. (See cop.,,, of letter dated October 21, ]999). This is totally unheard of and should this party not be allowed to proceed without these demands, he will withdra~v his offer. We are requesting a waiver of any "taking" of property or paying for construction of/he street since 7th street will in no way benefit our property. The City of Delray Beach has caused tls financial burden and irreparable harm over fl~ese past 15 years by impeding the development of our property. Respectfully, Frank A. Scaltrito 12/13/99 17:09 84073627274 SILBERSTEIN ARCH [~001 Silberstein Architects International 1001/2 NE 5lb Avenue, Deiray Bea~, Florida 33483 'iai 561,276,9393 Fax 561,276,0585 License AR0013424 DATE: December 13, 1999 TO: Diane Deminguez FROM: Jeffrey Silberstem RE: COA - 399 $ILBERSTEIN OFFICE BUILDING VIA: Fax Dear Ms. Dominguez: You have suggested that we postpone o~ apIom..al ti~ is on tomorrow's city commission agenda. The Historic Preservation Board and your of:rice would lflce to work with us in re- evaluating thc archilectmal compliance standards, which could result in our appeal being academic. In the meantime we can continue to build out our space until the two issues we are appealing m-e resolved. We hope to pull our permit tomorrow and one of our first inspections will be for exterior windows and doors. This will probably happen in two weeks. We will install all impact windows and doo~s to secure the house while we ae under construction. If in the event we cannot come to a common agreement or if we loose the appeal, it is understood, we will have to replace the two windows with wood windows in order to get our certificate of occupancy. We appreciate your willingness to try to resolve this matter rather man having to resort to an appeal to the commission. Therefore, we would like to request our appeal be postponed. Please advise when we can meet. We plan to fast wa& our project and therefore time is of the essence. Jeffrey $ilberstein, A.I.A. THRU: DIANE DOMINGUEZ, PLANNING AN DIRECTOR FROM: PAT CAYCE, HISTORIC PRESERVATION PLANNER~'~-~ ~"? 'X~ SUBJECT: MEETING OF DECEMBER 14, '1999. ., ......... ~, APPEAL OF THE HISTORIC PRESERVATION BOARD'S CONDITION ~OF APPROVAL TO ADD WOOD WINDOWS AND A DOOR TO THE FRONT ELEVATION OF AN HISTORIC BANKERS ROW COTTAGE, 219 NE '1~' AVENUE. SILBERSTEIN ARCHITECTS INTERNATIONAL The action requested of the City Commission is that ofconsideration of an appeal of the Historic Preservation Board's condition of approval with respect to the material for exterior windows and a door on the front elevation of an historic residence which is being converted to an architect's office. i The Board approved the site plan and landscape plan on November 17, 1999; the elevations and design elements were considered at the same meeting. The Board found the design elements and elevations to be appropriate with the exception of the use of aluminum for windows and doors on the front elevation. Impact glass aluminum windows and doors were approved for the east, north and south elevations. The applicant, who is an architect and the owner of the property, objected to the use of wood as opposed to aluminum and felt he could support his ideas if given the opportunity to revise the plans. Staff suggested, and the Board concurred, that the material of the front windows and doors be tabled or continued. This would allow the owner to obtain building permits and commence work on all but the front windows and door, as the site plan and landscape plan had been approved and the east, north and south elevations posed no problems. The applicant did not want the item continued and the Board voted to add the conditions to the approval of the elevations. The property is located on the east side of NE 1st Avenue in the development area between NE 2® and 3rd Streets known as Bankers Row. In 1992 the City, with grant assistance from the Florida Department of State, Division of Historical Resources, developed an improvement plan with pre-approved site plans and explicit design guidelines. Bankers Row improvements include a public parking lot, brick paver sidewalks, decorative street lighting and special landscaping. The subject cottage has considerable historical significance as it is one of a row of 11 almost identical cottages constructed by the Mackle Company in 1937, which were the first houses in the City to be insured by the F.H.A. The Bankers Row Plan, Section IV Implementation, Chapter D, Architectural Improvements states: Any changes to the exterior of a structure require review and approval of the Historic Preservation Board. This is accommodated through the Certificate of Appropriateness City Commission Documentation Meeting of December 14, 1999 Appeal of HPB Action - Silberstein Architects International Page 2 (COA) process. The design guidelines contained in Chapter III of this Plan shall supersede all other historic ~iuidelines which may exist. Compliance with the style specific guidelines included herein, shaft warrant issuance of a COA. The Bankers Row guidelines for architectural improvements discuss repairing existing wood windows, however, if repair is not feasible, wood windows with real dividing muntin bars should be used in replica windows, not surface mounted grids that fake their appearance. In consideration of the South Florida Building Code with respect to hurricane protection for windows and doors, the HPB relaxed this policy when it approved the use of aluminum windows with applied muntins to be installed on the side and rear elevations. However, the Board felt that to approve aluminum windows on the front elevation of what will become an attractive, and very visible addition to Bankers Row, was not to follow the intent of the above referenced guidelines. Of the examples of aluminum windows listed in the applicant's letter of appeal, only 2 are in Bankers Row, and both were installed before the Bankers Row Plan was developed. Additionally, in the applicant's letter he states that he purchased $7,000 worth of windows before the COA review, which is certainly a self imposed hardship. He also states that staff "agreed to allow" him to submit his plans to the building department before the COA review, however, staff specifically told him that if he did so, it would be at his own peril. The applicant proceeded to do major interior construction and some minor demolition to the rear of the exterior without the benefit of building permits. A stop work order was placed on the job site by the Chief Building Official. As stated above the Board approved the site plan, landscape plan and elevations for the east, north and south elevations and suggested that the west (front) elevation be continued to allow the applicant to redesign the windows and door. The applicant declined the continuation and the Board voted to add the condition of approval as follows: Design Elements The Board approved the Design Elements for 219 NE 1st Avenue, associated with COA-399 based on positive findings to LDR Section 4.5.1(E), the Design Guidelines and the Bankers Row Master Development Plan, with the following conditions: 1. That on the front (west) elevation the full length windows and front door be made of wood; 2. That the 2 sash windows on the front elevation be made of wood with true divided lights; and 3. That all shutters be mounted in a manner to appear as if they are operable. The Board members felt that the installation of appropriate wooden windows and a door to the front elevation would partially conform to the design guidelines set forth in the Bankers Row Plan. They felt that by allowing the impact resistant aluminum windows and doors on the balance of the elevations, a reasonable compromise with guidelines and the Standard Building Code had been accomplished. City Commission Documentation Meeting of December 14, 1999 Appeal of HPB Action - Silberstein Architects International Page 3 Uphold the Historic Preservation Board's decision and require that the conditions of approval be adhered to. Filelslpzlhpblcc-doc-Silberstein Silberstein Architects International · ' 1001/2 NE 51h Avenue, Delray Beach, Florida 33483 Tel 561,276,93~3 Fax 561.276,0585 License AR0013424 DATE: November 30, 1999 TO: City Clerk City of Delray Beach FROM: Jeffrey Silberstein VIA:RE: Hand DeliveredCOA- 399 SILBERSTEIN OmCE BUILDING 1. We would like to appeal action taken by The Historic Preservation Board regarding the above referenced project. The board approved the project with the following two conditions which we do not feel are justified: a. That on the West Elevation the full length windows and front door be made of wood. b. That the 2 sash windows on the West Elevation be made of wood with tree divided lights. 2. The Historic Preservation Board took this action on November 17, 1999 3. The Basis of appeal is as follows: a. All windows and doors are specified as aluminum painted white to be hurricane impact resistant, therefore, not requiring hurricane aluminum shutters. The profile of the windows and doors are designed to look like the colonial old windows. b. It is impossible to get wood windows and doors that are hurricane resistant. c. If wood windows and doors are used it will require unsightly tracks 4 inches above and below the window frame, to support hun'icane shutters. Another method of fastening is using 1 inch bolts every 6 inches on center which have to be visible above and below the window frame. We do not prefer to use hurricane shutters because they are unsightly and because the building is of wood frame and siding coustmction, permanent fastening penetrations will event-ally cause for water penetration inside the walls. Another factor is storage of hurricane shutters which presents a problem to a house that is small to begin with. The use of Hurricane shutters negates the intent of using wood decorative shutters as they cannot be mounted on the window casing. They will have to be at least 5" from the frame. The Board wants the shutters to be mounted to appear as if they are operable and if dosed they would cover the window opening. Being 5 inches from the frame this would be impossible. The Board wants the building to look "authentic" and this detail is contrary to their intent. e. The board suggested using the decorative shutters to provide hurricane protection. These shutters would have to be metal, negating the board' s intent on "authenticity" · Silberstein Architects International " 1001/2 NE 5Ih Avenue, Delray Beach, Fbrida 33483 Td 561v2-/'6.939~ F~( 561.276.0585 License AR0013424 cl. Applying wood windows on the West Elevation will have a negative aesthetic effect both on the exterior and interior. At each comer of the house is an office which would have an aluminum window on one wall and a wood window on the wall next to it. Not a sensitive approach to design. The same condition applies to the room where the door is located. f. The door and windows specified are of the highest quality. They provide hurricane and security protection which is a major issue for an architectural fn-m with high tech computers. The Windows are bulletproof which makes it impossible to break into. Not having the ability to use these windows and doors will pose a serious disadvantage for us regarding insurance and security. g. There are numerous renovations that have taken place on our stxeet as well as other projects in the historic district that have replaced existing windows with similar aluminum windows and doors. The following addresses on NE 1st avenue where these windows and doors have been used are as follows: 123, 201,239 and 348. On Swinton numbers 150, 306, 304 and many more. In fact, one of the board's member is an architect and when he purchased an historic house and convened it to his office he used aluminum windows and doors. h. When we submitted our specifcafions 3 weeks prior to the Board's meeting, the planner Pat Casey never mentioned that we would have a problem with this specification. The planner knew that we were working on our plans and had submitted them to the building deparlment. The planner had agreed to allow us to do this so that we could be ready to start construction as soon as we got the board's approval. Because of previous experience in this neighborhood and no red flags raised by Pat, we had assumed that we could use these doors and windows and went ahead and I ordered them. We are sitting on $7,000 worth of windows and doors that we may not be able to use. 4. Silberstein Architects International is the owner of this house which will become our new office. As architects our interest in a beautiful project is obvious. We are designing the house to impress our clients and to set an example for continued positive development of Banker's Row. Our f'n'm has been recognized on numerous occasions by the American Institute of Architects for excellence in design. We would never specify anything that would be detrimental to our proven design ethics. Every day we are delayed is hurting us £mancially. I look forward to presenting our case further at the next commission meeting. :y~Silberstein, A.I.A. Principal M0¥.19.1999 10:20AM CITY OF DE. LRAY BEACH M0.857 P.1/1 Project Name: COA.399 $ilbemtein Office Building Project Location: 2t9 NE 1~t Avenue The action before the Board is that of COA-399, which Incorporates the following aspects of the development proposal for219 NE 1~t Avenue, pursuant to LDR Section 2.4.5(G)(1)(b): ,~ Class Ill Site Plan Modification; Landscape Plan; and Design Elements. The property is located on the east side of NE 1~t Avenue between NE 2~ Street and NE 3r' Street, within the Banker's Row area of the Old School Square Histodc District. Site Plan The Board approved COA-399 for the site plan for219 NE 1't Avenue, based upon positive findings with respect to Chapter 3 (Performance Standards) of the Land Development Regulations, policies of the Comprehensive Plan and Section 2.4,5(F)(5), subjec{ to the following condition: 1. Install a bike racl~ on the property. Landscape Plan The Board approved COA-~99 for the landscape plan for 2t9 NE t~t Avenue. based upon positive findings with respect to LDR Section 4.6.16. Design Elements The Board approved the Design Elements for 219 NE ~.t Avenue, associated with COA-399 based on positive findings to LDR Section 4.5.1(E), the Design Guidelines and the Bankers Pow Master Development Plan, with the following conditions: 1. That on the front (west) elevation the full length windows and front door be made of wood; 2. That the 2 sash windows on the front elevation be made of wood with true divided lights; and 3. That all shutters be mounted in a manner to appear as if they are operable. FIlels/F'z/hpb/2 ~ 9 NI:: 1 ~t Ave, Silbemtein-ff Meeting Date: Novpmber 47, 1999 Agenda 1tam: IV-A TO: DAVID T. HARDEN, CITY MANAGER THRU: DIANE DOMINGUEZ, PLANNING DIRECTOR SUBJECT: MEETING OF DECEMBER 14, 1999. APPEAL OF THE HISTORIC PRESERVATION BOARD'S CONDITIONOF APPROVAL TO ADD WOOD WINDOWS AND A DOOR TO THE FRONT ELEVATION OF AN HISTORIC BANKERS ROW COTTAGE, 219 NE 1=' AVENUE. SlLBERSTEIN ARCHITECTS INTERNATIONAL The action requested of the City Commission is that ofconsideration of an appeal of the Historic Preservation Board's condition of approval with respect to the material for exterior windows and a door on the front elevation of an historic residence which is being converted to an architect's office. The Board approved the site plan and landscape plan on November 17, 1999; the elevations and design elements were considered at the same meeting. The Board found the design elements and elevations to be appropriate with the exception of the use of aluminum for windows and doors on the front elevation. Impact glass aluminum windows and doors were approved for the east, north and south elevations. The applicant, who is an architect and the owner of the property, objected to the use of wood as opposed to aluminum and felt he could support his ideas if given the opportunity to revise the plans. Staff suggested, and the Board concurred, that the material of the front windows and doors be tabled or continued. This would allow the owner to obtain building permits and commence work on all but the front windows and door, as the site plan and landscape plan had been approved and the east, north and south elevations posed no problems. The applicant did not want the item continued and the Board voted to add the conditions to the approval of the elevations. The property is located on the east side of NE 1st Avenue in the development area between NE '2"d and 3~d Streets known as Bankers Row. In 1992 the City, with grant assistance from the Florida Department of State, Division of Historical Resources, developed an improvement plan with pre-approved site plans and explicit design guidelines. Bankers Row improvements include a public parking lot, brick paver sidewalks, decorative street lighting and special landscaping. The subject cottage has considerable historical significance as it is one of a row of 11 almost identical cottages constructed by the Mackle Company in 1937, which were the first houses in the City to be insured by the F.H.A. The Bankers Row Plan, Section IV Implementation, Chapter D, Architectural Improvements states: Any changes to the exterior of a structure require review and approval of the Historic Preservation Board. This is accommodated through the Certificate of Appropriateness City Commission Documentation Meeting of December 14, 1999 Appeal of HPB Action - Silberstein Architects International Page 2 (COA) process. The desi~ln ~tuidelines contained in Chapter III of this Plan shall supersede all other historic ~luidelines which ma), exist. Compliance with the style specific guidelines included herein, shall warrant issuance of a COA. The Bankers Row guidelines for architectural improvements discuss repairing existing wood windows, however, if repair is not feasible, wood windows with real dividing muntin bars should be used in replica windows, not surface mounted grids that fake their appearance. In consideration of the South Florida Building Code with respect to hurricane protection for windows and doors, the HPB relaxed this policy when it approved the use of aluminum windows with applied muntins to be installed on the side and rear elevations. However, the Board felt that to approve aluminum windows on the front elevation of what will become an attractive, and very visible addition to Bankers Row, was not to follow the intent of the above referenced guidelines. Of the examples of aluminum windows listed in the applicant's letter of appeal, only 2 are in Bankers Row, and both were installed before the Bankers Row Plan was developed. Additionally, in the applicant's letter he states that he purchased $7,000 worth of windows before the COA review, which is certainly a self imposed hardship. He also states that staff "agreed to allow" him to submit his plans to the building department before the COA review, however, staff specifically told him that if he did so, it would be at his own peril. The applicant proceeded to do major interior construction and some minor demolition to the rear of the exterior without the benefit of building permits. A stop work order was placed on the job site by the Chief Building Official. As stated above the Board approved the site plan, landscape plan and elevations for the east, north and south elevations and suggested that the west (front) elevation be continued to allow the applicant to redesign the windows and door. The applicant declined the continuation and the Board voted to add the condition of approval as follows: Design Elements The Board approved the Design Elements for 219 NE 1st Avenue, associated with COA-399 based on positive findings to LDR Section 4.5.1(E), the Design Guidelines and the Bankers Row Master Development Plan, with the following conditions: 1. That on the front (west) elevation the full length windows and front door be made of wood; 2. That the 2 sash windows on the front elevation be made of wood with true divided lights; and 3. That all shutters be mounted in a manner to appear as if they are operable. The Board members felt that the installation of appropriate wooden windows and a door to the front elevation would partially conform to the design guidelines set forth in the Bankers Row Plan. They felt that by allowing the impact resistant aluminum windows and doors on the balance of the elevations, a reasonable compromise with guidelines and the Standard Building Code had been accomplished. City Commission Documentation Meeting of December 14, 1999 Appeal of HPB Action - Silberstein Architects International Page 3 II Uphold the Historic Preservation Board's decision and require that the conditions of approval be adhered to. F ilelslpzlhpblcc-doc-Silberstein (:lTV OF DELRR¥ BER£H DELRAY BEACH AII-AIIII~jI~ICi[I/ 100 N.W. 1st AVENUE DELRAY BEACH, FLORIDA 33444 · 5[5 !/243-7000 1993 TO: David T. Harden, Cify Manager FROM: ¢ Robert A. Barcinski, Assistant City Manager SUBJECT: AGENDA ITEM - CITY COMMISSION MEETING DECEMBER 14, 1999 APPROVAL SPECIAL EVENT - FOTOFUSION 2000 DATE: December 8, 1999 Action City Commission is requested to endorse FotoFusion 2000 to be held January 25th through January 29, 2000, to waive rental fees for use of City facilities, to authorize staff to make and install event signs and Photographic Center directional signs, to waive any costs associated in making and installing the signs, and provide staff assistance in hanging banners. Background Attached is a letter from Fatima NeJame, Executive Director of Palm Beach Photographic Center requesting the City to endorse the event, waive rental fees for use of facilities, to make and install signs waiving any charges for cost, and to hang banners. City facilities that will be used during the event include Commission Chambers, the first floor conference room, the Mahogany Room and Banyan Orchid Room at the Civic Center. The estimated rental charges for these facilities would be approximately $400.00. The request also includes event and directional signage. Four (4) event signs 4'x4' and six (6) directional signs for the center have been requested. The estimated material cost for these signs is $250.00. They have also requested that City staff install event banners at the intersections on Atlantic Avenue from Swinton to A-1-A and in the CRA parking lot between N.E. 1st and 2nd Avenues. Banners can be hung utilizing regular time. THE EFFORT ALWAYS MATTERS Subject:AGENDA ITEM - CITY COMMISSION MEETING DECEMBER 14, 1999 APPROVAL SPECIAL EVENT - FOTOFUSlON 2000 Date: December 8, 1999 Page: Two (2) I have included a copy of their proposed '00 budget, '99 actuals and a copy of the event schedule. The City agreed to contribute S lO,O00.O0 to this year to the event. Recommendation Staff recommends approval of the request from Palm Beach Photographic Center to endorse the event, prepare signs, provide staff support for banner hanging, waive rental fees and costs to make requested signage. RAB:tas Attachments File:u:sweeney/agenda Doc: Fotofuslon 2000  : December 1999 RECEIVEB 1, i=,.A. LM · DE C 0 3 ~CH : Mr. David T. Harden CITY MANAGER ~~g; · City Manager · City of Delray Beach MISSION STATEMENT: A nonprofit visual arts 100 N. W. ]st Avenue organization dedicated to Delray Beach, FL 33444 the enrichment of life through exhibitions, community programs, workshops and educational ' Dear David: activities that promote the art of photography and digital imaging. AS yOU know, Palm Beach Photographic Centre will be presenting FOTOfusion BOARD OF D,REcroRs: ' 2000, its fifth international photography and imaging festival. Jay Alperin Phil Arvidson Fred Frankel ' The only international festival of its kind in the country, FotoFusion 2000 will Michael Greene Richard MatheR . transform downtown Delray into the nation's photography capital of the world from Janice McVay Trudi Mitchell . January 25 - 29, 2000. Arthur NeJame Fatima NeJame Jim Norman For the continued success of presenting FOTOfusion throughout the City of Delray Floyd Segel Sandy Simon ' Beach, we respectfully request the following considerations: Ken Walters Dr. Richard Zakia ADVISORY BOARD: · Endorsement of the event Robert Brantley Skip Cohen Arnold Drapkin ' Waving of rental fees Congressman Mark A, Foley ' Marjorie Margotis Commissioner Mary McCarty Dave Metz * Make and install 4 x 4 event signs on Atlantic Avenue/Federal Highway. Artwork Timothy Morrissey · to be forward by the Centre as in previous years Arthur Steinman Keith Thompson MUSEUM & GALLERY: ~ Install FOTOfusion banners (provided by The Centre) at all Atlantic Avenue inter- World-Class Exhibitions sections from Swinton to A1A, and at the parking lot across the street from The Open Year-Round - Centre. The banners are ready and could be picked up for installation when the CULTURAL SUPPORT (~ROUP: INFOCUS Annual Membership ' Christmas Tree Celebration banners are taken down after the first of the year. PROGRAMS: Photography Workshops * Attached is copy of the written request for $10,000 which was approved at the Digital Imagin9 Workshops FOTOCamp for Kids ' Delray Beach City Commission meeting on September 21, 1999, for special event Family FOTOFun Sundays FOTOBasics ' funding, along with a copy of the approval letter dated October 8, 1999. Project I See FOTOExpose Interactive School Tours · We are very grateful to the City of Delray Beach for all their support in helping FOTOInsights FOmOFriends . make FOTOfusion a great success. Picture My World Holiday FOTOFun ANNUAL FESTIVALS: · Sincerely, FOTOFusion FOTOFunfest FOTODelray PALM BEACH PHOTOGP>APHIC CENTRE DELRAY BEACH, FL 33~,~,~, ' 561.z76.9797 FAx: 561.z76.193z WWW.WORKSHOP.ORG * Executive Director E-/V~IL: DBPHOTO~GATE.NET cc: Bob Barcinski II ~ c,_~ ~ lei FOTOfusion '99 Actual EXPENSES Guest photographers and picture editors 61,300 airfare 20,800 hotel 26,250 hotel 14,250 Exhibitions 14,000 Rising Star Award 2,000 Marketing 86,400 print advertising 30,000 direct mail brochure 32,000 free events brochure 1,400 postage 14,000 T-shirts 2,000 30 billboards (production only) 4,000 other 3,000 Ground transportation 1,000 Equipment/furniture rental 2,000 Space Rental 5,000 Refreshments 12,000 hospitality suite 1,000 Awards banquet 7,000 other receptions 4,000 Personnel 64,800 administrative 28,000 curatorial 18,800 marketing 18,000 Other festival expenses 40,000 phone, electric, office supplies, insurance, rent TOTAL EXPENSES $288,500 INCOME Admissions 163,348 Corporate Support and Grants 125,152 Canon 15,000 Kodak 35,000 Print File 2,000 Time Inc 5,000 Tourist Development Council 35,000 Florida Arts Council 2,500 City of Delray Beach 10,000 Other Income 20,652 TOTAL INCOME $288,500 FOTOfusion '00 Proposed Budget EXPENSES Guest photographers and picture editors (80) 61,300 airfare 20,800 hotel 40,500 Exhibitions 29,000 curatorial 14,000 matting and framing 5,000 rental fees, shipping, insurance, etc 10,000 Rising Star Award 2,000 Marketing 93,500 print advertising 35,000 direct mail brochure 32,000 free events brochure 1,500 postage 16,000 T-shirts 2,000 30 billboards (production only) 4,000 other 3,000 Ground transportation (vans and trolley) 4,900 Equipment/furniture rental 2,000 Space Rental 9,000 Refreshments 13,500 hospitality suite 2,000 Awards banquet 7,000 other receptions 4,500 Personnel 50,000 administrative 28,000 marketing 22,000 Other festival expenses 35,000 phone, electric, office supplies, insurance, rent TOTAL EXPENSES $300,200 INCOME Admissions 172,000 Gala dinner 5,000 Corporate Support and Grants 123,200 Canon 15,000 Print File 2,000 Time Inc 5,000 Bogen 2,500 White Lightning 2,500 Tourist Development Council 30,000 Florida Ads Council 2,500 Amount of Request 50,000 Other Income 13,700 TOTAL INCOME $300,200 [IT¥ DF DELHI:IV BER£H DELRAY BEACH ~I-AIINI~I~CiI1/ 100 N.W. 1st AVENUE - DELRAY BEACH, FLORIDA 33444 - 561/243-7000 ~TO: David T. Harden, City Manager 993 FROM: ~ Robert A. Baroinski, Assistant City Manager SUBJECT: AGENDA ITEM - DECEMBER 14, 1999 SPECIAL EVENT REQUEST - DOWNTOWN DELRAY ART FESTIVAL DATE: December 9, 1999 Action City Commission is requested to endorse the 11th Annual Downtown Art Festival sponsored by Howard Alan Events, Ltd. to be held January 22-23, 2000, to grant a temporary use permit per LDR's section 2.4.6(H) for use of city right-of-way, to authorize staff to apply for the FDOT street closure permit, to authorize staff support for security, traffic control, and to permit an event sign to be erected on Atlantic Avenue just east of 1-95 one week prior to the event. Background Howard Alan Events, LTD. will again be conducting the 11th Annual Downtown Arts Festival. This year again, a portion of the proceeds will be given to the Joint Venture. Mr. Alan is requesting closure of Atlantic Avenue, from just east of NE/SE 6th Avenue east to Salina. He is also requesting the use of Veteran's Park for vendor parking and requesting security service from the Police Department. Mr. Alan has indicated that he would rent and install barricades with volunteers; however, because Federal Highway, as well as Atlantic Avenue, will need to be barricaded, I am recommending that City staff install the barricades for safety reason. The estimated overtime cost for City services $4,000. Mr. Alan will pay for these costs as well as provide for trash removal, clean up, poda lets, and barricading. Signage per LDR's section 4.6.7(D)(3)(j)(i) can be installed one week prior to the event and must be under 20 square feet. Recommendation Staff recommends endorsement of the event, granting of the temporary use permit for the street closure and parking lot use as requested, providing staff assistance for traffic control and barricading as recommended, and allowing the event sign to be installed with all overtime costs to be paid by the vendor. The vendor is also required to provide a certificate of liability insurance and execute a hold harmless agreement. RAB:tas cc: Marjorie Ferrer File:u:sweeney/ogenda Doc: l Othfest. art THE EFFORT ALWAYS MATTERS BEST November 12, 1999 Mr. Robert Barcinski Assistant City Manager City of Delrav 10~) NW 1 't ,~ve. Delray Beach, FL 33444 Dear Mr. Barcinski, It's that time again for Delray's award winning art affair, the 11~ Annual Downtown Delray Festival of the Arts, to be held on Atlantic Avenue, starting just east of the Federal Highway light and going our typical route to Salena. Salena and Andrews will be left open. Please be advised that the following logistics for 11th Annual Downtown Delray Festival of the Arts, January 22 - 23, 2000 will be arranged: Street Closure: Bon's Barricades will drop off barricades on Friday, January 21, 2000 and our employees will set them up early Saturday morning. Police: Lynn Parker at the Delray Police Department will arrange for Police and Security from 10:00am - 5:00pm Sat. & Sun. and overnight Sat. from 6pm - 6am. Port-O-Lets & Dumpster: 5 regular and 2 handicap port-o-let have been ordered through Waste Management of Palm Beach and will be dropped off on Fri., Jan. 21, 2000 and will be picked up on Monday, Jan. 24, 2000 with servicing Sunday, Jan. 23, 2000. Also, 20 yd. and 30 yd. dumpsters will be delivered Friday and picked up Monday. These will be placed in areas approved by the Delray Joint Venture. Trash Receptacles: 40 trash receptacles will be supplied and maintained by our professional clean up crew Profest (Mitch). They will handle clean up of the trash throughout the area each day. Vendor Parking: RV's and Large Rig vehicles will park in the municipal parking lots, just west of the Intracoastal Waterway. Cars and vans will park at Nations Bank during the day only. Insurance: City required certificates will be issued. If you have any questions, please feel free to call me at (954)472-3755. F/l'oward Alan President Howard Alan Events, LTD. 9695 '~:. IJI{()¥~'ARI) IJL¥'D. · I~'I,-~NI'~TI¢)N. VI~{)I]II) \ 3:~32 t (9.5.1.) 172-3755 ,, F'~\ (951)172-;~891 [IT¥ I]F EIELIIR¥ BEI:I[H DELRAY BEACH J~-~lll~t~ 100 N.W. 1st AVENUE . DELRAY BEACH, FLORIDA 33444 - 561/243-7000 I ~ro: David T. Harden, City Manager ~993 '~FROM: ~obert A. Barcinski, Assistant City Manager SUBJECT: AGENDA ITEM - DECEMBER 14, 1999 SPECIAL EVENT CELEBRATE THE SOUL OF DELRAY DATE: December 9, 1999 Action City Commission is requested to endorse the first "Celebrate the Soul of Delray" event sponsored by the Delray Beach Merchants Association to be held on Saturday, February 5, 2000 from 10:00 a.m. to 10:00 p.m. and to grant a temporary use permit per LDR's Section 2.4.6(H)(5) for the closure and use of Atlantic Avenue from Swinton to NW/SW 5th Avenue. Commission is also requested to waive LDR's Section 4.6.7(d)(3)(j)(i) to allow event signage to be installed more than one week before the event, to authorize staff support as requested for security and traffic control, barricading, clean up and trash removal, rescue assistance, stage use and set up, FDOT permit application, and in obtaining power from FPL as needed. Commission is being requested to waive costs for overtime, power supply, and stage use. Background Attached is a letter received from Mr. Clay Weidman describing the event and requesting staff assistance. The event sponsor will be responsible for managing the event, obtaining dumpsters and port-a-lets, vendor permitting, and entertainment. Stages will be set up on the grounds at Old School Square and in a vacant lot (CRA owned) off Atlantic. The estimated cost for staff overtime for this event is $10,225.00. Additional costs may be incurred with FPL for power drops. Recommendation Staff recommends consideration of approval of the event, granting the temporary use permit for street closure, waiving the LDR's for sign installation, to provide staff assistance as requested, to provide power drops and to waive overtime costs subject to the submittal of proof of liability insurance and a hold harmless agreement. RAB:tas cc: Marjorie Ferrer F//e:u:sweeney/oger~da Doc:~ou/ of de/rOy THE EFFORT ALWAYS MATTERS DELRAY BEACH MERCHANTS ASSOCIATION 400 West Atlantic Avenue Delray Beach Florida 33444 December 9,1999 Robert A. Barcinski, Assistant City Manager City of Delray Beach 100 NW 1 ~t Avenue Delray Beach, FL 33444 Re: Celebrate The Soul Of Delray, February 5, 2000 The event will mn 10 a.m. until 10 p.m. Dear Mr. Barcinski: As you know the Delray Merchants Association and The West Atlantic Redevelopment Coalition will present "Celebrate The Soul of Delray". This one-day event will extend fi.om the western corridor of Atlantic Avenue at NW 5t~ Avenue to Old School Square. This community event will rank with Delray Beach's top events, providing quality entertainment, vendor booths, delicious food, art and crafts, children's activities, family fun and a chance to win great prizes. We have met with representatives of the various City Departments, including the Fire and Police Departments. They have submitted the proper request for permits for street closures to your office. In addition we are requesting assistance fi.om the City of Delray Beach in the following areas in providing 2 stages, one located at Old School Square and one located at NW 5th Avenue. ..Request City to obtain FDOT permit ...Request Police Assistance for traffic control and security Request city staff to set up barricades and traffic detours Request City staff assistance for trash clean up and provide cardboard for trash Containers Request use of and staff assistance to set of large and small stages Request City to provide FPL power drops if needed for stages Request fire rescue assistance if needed Request city to provide event signage and allow to be put up 2-3 weeds before the Event Request all city staff assistance and use of equipment at no charge to event James Tomasso will provide the following: Permitting for vendors Dumpsters Port-O-Lets Ensure vendors obtain health department and other permits Handle grease removal and disposal If you have any questions, please contact me at (561) 276-4915. Your consideration of this request is appreciated. Clay Wideman DMA ...... h~ NE 4th St i NW 4th _S.[ ~ v'~ ' ~ ' NW 3rd St ~ ~ O; NE 3rd St ! ~ ~ Z ~ ....... z ~a ~st st ~ ~ Atl~ A5 *X* E Atlantic Ave ~ : ~ G ~ SE 2nd St .... SW 2nd St ............. ~ ~ ..... .......... ~ ~ ..~ SW ~d St ~ SE 3rd St . . ~ ............. ~ ~ SW 4th St ~ t SE 4th St ~ - -~*, ....... ~ ~ ....... ~ ................ . 0 yds 2~ 4~ C~ynghl O 19~-1~7. Mi~s~l C~b~ a,-~ its sup~i~ All rights m~. Plea~ ~t ~r w~ ~te al h~:l~aps e~,a ~ P~ 1 [lTV OF DELRRY BEI:I£H DELRAY BEACH ~Jl-~q'JCaC~ty 100 N.W. 1st AVENUE DELRAY BEACH, FLORIDA 33444 · 561/243-7000 1993 TO: David T. Harden, City Manager FROM: ~bert A. Barcinski, Assistant City Manager SUBJECT: AGENDA ITEM - CITY COMMISSION MEETING DECEMBER 14, 1999 SPECIAL EVENT- THIRD ANNUAL BED RACE DATE: December 8, 199~ Action City Commission is requested to endorse the Third Annual Bed Race sponsored by Paragon Events, the Joint Venture, and the Parks and Recreation Department to be held on January 15, 2000 from 7:00 a.m. until 5:00 p.m., and to grant a temporary use permit per LDR's Section 2.4.6(H) for the closure of NE 2nd Avenue from the north side of NE 1st Street to the south side of NE 3rd Street and NE 2nd Street from NE 2nd Avenue to just west of the railroad tracks. Commission is also requested to waive LDR's Section 4.6.7(d)(3)(j)(i) to allow event signage to be erected more than one week before the event, to allow the use of the City stages (at no charge), to provide staff assistance for trash removal, security and traffic control, stage set up, and street barricading, and to waive overtime charges. Background This event has previously been held on the 4th of July on east Atlantic Avenue. Event sponsors felt that this time of year was too hot and we already had too many activities with the 4th of July. January 15th is being proposed as the alternative date. It is my understanding that the stages will be set up off the street, which would not require overtime. Estimated overtime for this event is approximately $1,400. Overtime has not been charged to this event in the past because it was part of the 4th of July event. The event sponsor is also requesting authority to hang a banner on NE 2nd Avenue. THE EFFORT ALWAYS MATTERS 9. /~'. Subject:AGENDA ITEM - CITY COMMISSION MEETING DECEMBER 14, 1999 Special Event- Third Annugl Bed Race Date: December 8, 1999 Page: Two (2) Recommendation Staff recommends approval of the event, the temporary use permit, the use of the City stages, providing staff assistance as requested, waiving the code to allow the event signage to be put up on January 5th, and to waive the overtime costs. We do not recommend approval of the banner. All approvals to be subject to the sponsor providing the required liability insurance and hold harmless agreement. RAB:tas Attachments File:u:sweeney/agenda Doc: Third Ann Bed Race November 19, 1999 Revision to Correspondence Dated October 28, 1999 Mr. Robert A. Barcinski Assistant City Manager City of Delray Beach 100 NW 1st Avenue Delray Beach, Florida 33444 Dear Mr. Barcinski: Enclosed please find information concerning the Third Annual Delray Bed Race to be held on Saturday, January 15, 2000, produced and operated Paragon Events, Delray Beach in conjunction with Pineapple Grove Main Street and the Downtown Joint Venture. 1. Detail description of the boundaries of the event site: The event site will mn from NE 1st Street, NE 2nd Street along Pineapple Grove Way closing only Pineapple Grove Way and NE 2nd Street adjacent to the Miami City Ballet. 2. Letter requesting waiver to permit alcoholic beverage consumption on City_ streets: Letter attached. 3. Letter from Esplanade in the Grove approving use of their sites: Letter attached. 4. Letter requesting waiver of noise ordinance for music: Letter attached. 5. Request for Police Security_: We are requesting the use of Delray Beach Police officers for security during the event. We have spoken with Lt. Marc Davis to discuss specific needs. Because it is a city event we are requesting "no fee service". 6. Request to use and barricade streets: We are requesting the use of NE 2nd Avenue, and would request that the barricades be placed at the north intersection of NE 1 sT Street (not to include NE 1st Street), and at the full intersection at NE 2nd Street. Street closures need to be in place by 7:00 AM on Saturday, January 15th, 2000 7. Request for city. crews for cleanup and trash receptacles: We are requesting that the city to provide all trash receptacles and basic cleanup during the event. Timing schedule will need to be discussed with your staff. 8. Event Timing: The Ta~d Annual Bed Race will be held on Saturday, January 15, from 10:00 AM to (yr-.-.-.-.-.-.-.3~PM. Setup time would begin on Friday, January 14 at 12:00 noon. t}: 00 9. Request for Port-O-Lets: Paragon Events will provide the necessary port-o-lets, locations to be determined. 10. P~yment for city_ services and overtime: Paragon Events in requesting "no fee service" for all services required of the city and other vendors. 11. Request for use of city stages: The city Parks and Recreation Department is supplying the stage free of charge. The details for stage needs are still being negotiated, however we will forward a request if needed as soon as possible. 12. $ignage requests: We would request a waiver of the event signage timing be lifted in order for the event signs to be in place 2-3 weeks prior to the event. Please find enclosed a copy of our insurance policy, listing the city as additional insured for the event. Bob, it is our intention that the Third Annual Bed Race event be a win-win for all involved. This event is a community event produced by the Downtown Joint Venture as well as the Pineapple Grove Main Street and Paragon Events organizations. Best Regards, Katlqleen Cronin Paragon Events o v 2 t9 9 November 19, 1999 Revision to Correspondence Dated October 28, 1999 Mr. Robert Barcinski Assistant City Manager City of Delray Beach 100 NW 1 st Avenue Delray Beach, FL 33444 Dear Mr. Barcinski: The Pineapple Grove Main Street Bed Race is on its way and we are anxious to inform the community about this exciting event. I am inquiring about signage opportunities and availability. I would like to advertise our event on the wooden signs posted at the medians east and west of 1-95 and north and southbound on Federal Highway. I understand all of the events advertise in this way and I want to know if there are any conflicts with our event, and if not what is the lead-time we can utilize these signs? I would also like to hang a banner on 2nd Avenue on the Ocean City Lumber property two weeks prior to the event (starting January 1 through January 15), pending your approval. I will be calling your office to request this approval. We look forward to seeing you at the event and I thank you for all your assistance. Sincerely, Paragon Events MEMORANDUM To: City Commission From: David T. Harden, City Manager~l~/ Subject: Proposed $4,000,000 Revenue Note (Communication Equipment) Resolution No. R 76-99 and Resolution No. R 77-99 Date: December 9, 1999 Resolution Number 76-99 authorizes the issuance of Revenue Bonds from time to time. This resolution is the basis for future bond issues and bank notes that will use a covenant to budget and appropriate funding for any debt service due and payable. It sets forth the requirements with respect to terms, payment and disclosure. The security for future financings is a lien on available non-advalorem revenues. Resolution Number 77-99 authorizes the City to execute a Note Agreement with SunTrust in the amount of $4,000,000 at a rate of 5.0196% for an approximate 15 year term. The note will be issued for the purpose of financing the cost of consultation, design, engineering, construction and equipping of an 800 MHz digital radio system (the "Radio System"). The Finance Department has provided an analysis of bids received and a recommendation to approve the agreement with SunTrust at the lowest bidding rate. The agreement will allow for prepayment at any time without penalty if rates are higher at the time of prepayment and a penalty if rates are lower. The penalty equates to bringing the Bank up to its quoted rate. The agreement will protect the City against rate changes caused by amendments to the tax laws. I concur with their recommendation. c: R.S. O'Connor, Treasurer R-76-99 CITY OF DELRAY BEACH, FLORIDA REVENUE BONDS BOND RESOLUTION Adopted December 14, 1999 Res. No. 76-99 TABLE OF CONTENTS ARTICLE I .................................................................................................................................. 4 Section 1. DEFINITIONS ................................................................................................ 4 Section 2. FINDINGS ................................................................................................... 14 Section 3. AUTHORITY FOR THIS RESOLUTION ...................................................... 15 Section 4. RESOLUTION CONSTITUTES CONTRACT ...............................................15 ARTICLE II ............................................................................................................................... 16 Section 1. AUTHORIZATION OF BONDS .................................................................... 16 Section 2. DESCRIPTION OF BONDS ........................................................................ 16 Section 3. REDEMPTION PROVISIONS ..................................................................... 18 Section 4. EXECUTION OF BONDS ............................................................................ 18 Section 5. NEGOTIABILITY, REGISTRATION AND CANCELLATION ........................ 19 Section 6. BONDS MUTILATED, DESTROYED, STOLEN OR LOST .......................... 21 Section 7. PREPARATION OF DEFINITIVE BONDS; TEMPORARY BONDS ..................................................................................................................... 21 Section 8. FORM OF BONDS ...................................................................................... 22 Section 9. BOOK-ENTRY SYSTEM ............................................................................. 41 ARTICLE III .............................................................................................................................. 42 Section 1. BONDS NOT TO BE INDEBTEDNESS OF THE CITY ................................ 42 Section 2. BONDS SECURED BY LIEN ON AND PLEDGE OF THE PLEDGED REVENUES ............................................................................................ 43 Section 3. APPLICATION OF BOND PROCEEDS ....................................................... 43 Section 4. COVENANTS OF THE CITY ....................................................................... 46 ARTICLE IV .............................................................................................................................. 61 Section 1. MODIFICATION OR AMENDMENT ............................................................ 61 Section 2. PURCHASE OF BONDS ............................................................................. 62 Section 3. NOTICES TO CREDIT FACILITY ISSUER .................................................. 62 Section 4. SEVERABILITY OF INVALID PROVISIONS ............................................... 62 Section 5. CREDIT FACILITY ISSUER; DEFAULT ...................................................... 62 Section 6. SALE OF BONDS ....................................................................................... 63 Section 7. PRELIMINARY OFFICIAL STATEMENT ..................................................... 63 Section 8. BOND ANTICIPATION NOTES AND BANK OBLIGATIONS ....................... 63 Section 9. EFFECTIVE DATE ...................................................................................... 64 Res. No. 76-99 RESOLUTION NO. R-76-99 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, AUTHORIZING THE ISSUANCE, FROM TIME TO TIME, OF REVENUE BONDS WITHOUT LIMIT AS TO PRINCIPAL AMOUNT EXCEPT AS PROVIDED IN THIS RESOLUTION FOR THE PURPOSE OF FINANCING AND REFINANCING CERTAIN CAPITAL PROJECTS; AND TO REIMBURSE THE CITY FOR PRIOR EXPENDITURES MADE IN CONNECTION WITH CERTAIN CAPITAL PROJECTS; PROVIDING, WHEN APPLICABLE, FOR THE UNDERTAKING BY THE CITY REQUIRED BY RULE15c2-12 OF THE SECURITIES AND EXCHANGE COMMISSION; PROVIDING FOR THE TERMS AND PAYMENT OF SUCH BONDS; PROVIDING FOR THE RIGHTS, SECURITY AND REMEDIES OF THE OWNERS THEREOF; MAKING CERTAIN COVENANTS AND AGREEMENTS IN CONNECTION THEREWITH; PROVIDING FOR CERTAIN OTHER MATTERS IN CONNECTION THEREWITH; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Delray Beach, Florida, a municipal corporation of the State of Florida (the "City") is authorized under Florida law to borrow money to finance and refinance various capital projects; and WHEREAS, the City Commission of the City of Delray Beach, Florida, the governing body of the City (herein, the "Commission") hereby deems it necessary and in the best economic interest of the City to finance and refinance certain capital projects and to seek reimbursement, pursuant to the requirements of the Internal Revenue Code of 1986, as amended, for certain capital expenditures made to finance certain capital projects, by the issuance of revenue bonds (the "Bonds"), from time to time, pursuant to the terms and provisions of this Resolution; and WHEREAS, effective July 3, 1995, Rule 15c2-12 of the Securities and Exchange Commission (herein, the 'Rule") provides that it is unlawful for a broker dealer or municipal securities dealer to purchase or sell municipal securities, which includes certain of the Bonds proposed to be issued pursuant to the terms and provisions of this Resolution, unless the Res. No. 76-99 issuer, which includes the City, has undertaken in a written agreement (herein, the "Undertaking") to provide to specified information repositories annual financial information and operating data relevant to the municipal securities and notice of certain specified material events; and WHEREAS, the Commission hereby determines to provide its Undertaking with respect to such Bonds in this Resolution. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, AS FOLLOWS: WPB/SANFORDS/245564/59hSOS!.DOC/12/14~39 3 Res. No. 76-99 ARTICLE I DEFINITIONS, FINDINGS AND STATUTORY AUTHORITY Section 1. DEFINITIONS. In addition to the terms heretofore defined in the recitals set forth above, the following terms shall have the following meanings: "ACCRETED VALUE" shall mean, as of any date of computation with respect to any Capital Appreciation Bond, the amount set forth as of such date in the supplemental resolution authorizing such Capital Appreciation Bond plus, with respect to matters related to the payment upon redemption or other payment of such Capital Appreciation Bond, if such date of computation shall not be an Interest Payment Date, a portion of the difference between the Accreted Value as of the immediately preceding Interest Payment Date (or the date of original issuance if the date of computation is prior to the first Interest Payment Date succeeding the date of original issuance) and the Accreted Value as of the immediately succeeding Interest Payment Date, calculated based on the assumption that Accreted Value accrues during any semiannual period in equal daily amounts on the basis of a year of twelve 30-day months. ~ACT" shall mean the Constitution of the State of Florida, Chapter 166, Florida Statutes, as amended and supplemented, the City Charter of the City, as amended and supplemented and other applicable provisions of law. "APPRECIATED VALUE" shall mean, (i) as of any date of computation with respect to any Capital Appreciation and Income Bonds up to the Interest Commencement Date set forth in the resolution of the City providing for the issuance of such Bonds, the amount set forth as of such date in the supplemental resolution authorizing such Capital Appreciation and Income Bonds plus, if such date of computation shall not be an Interest Payment Date, a portion of the difference between the Appreciated Value as of the immediately preceding Interest Payment Date (or the date of original issuance if the date of computation is pdor to the first Interest Payment Date succeeding the date of original issuance) and the Appreciated Value as of the w.~s~.Fo.~s=4~5~.ooc.~,~ 4 Res. No. 76-99 immediately succeeding Interest Payment Date calculated based upon an assumption that Appreciated Value accrues during any semiannual period in equal daily amounts on the basis of a year of twelve 30-day months and (ii) as of any date of computation on and after the Interest Commencement Date, the Appreciated Value on the Interest Commencement Date. "BENEFICIAL OWNER" shall mean, except with respect to Section 4.1 of Article III of this Resolution, during any period the Bonds are registered under the Book-Entry System, any purchaser of a Bond and others who acquire a beneficial ownership interest in a Bond held by the Securities Depository. In determining the Beneficial Owner of any Bond, the City, the Paying Agent, the Registrar and the Bond Insurer, if any, may rely exclusively upon written representations made, and information given to the City, the Paying Agent, the Registrar or the Bond Insurer, if any, by the Securities Depository or its Participants with respect to any Bond held by the Securities Depository in which a beneficial ownership interest is claimed. With respect to Replacement Bonds, the City, the Paying Agent, the Registrar and the Bond Insurer, if any, shall consider the owner of any such Replacement Bond as registered on the registration books of the City maintained by the Registrar to be the Beneficial Owner thereof. "BENEFICIAL OWNER" shall mean, for purposes of Article III, Section 4.1 of this Resolution only, any person which (i) has the power, directly or indirectly, to vote or consent with respect to, or to dispose of ownership of, any Bonds (including persons holding Bonds through nominees, depositories or other intermediaries), or (ii) is treated as the owner of any Bonds for federal income tax purposes. "BOND COUNSEL" shall mean a firm or firms of nationally recognized attorneys-at-law selected by the City and experienced in the financing and refinancing of capital projects for governmental units through the issuance of tax-exempt revenue bonds under the exemption provided under Section 103(a) of the Code. Res. No. 76-99 "BOND INSURANCE POLICY" shall mean an insurance policy issued for the benefit of the Holders of any Bonds, pursuant to which the Bond Insurer shall be obligated to pay when due the principal of and interest on such Bonds to the extent of any deficiency in the amounts in the funds and accounts held under this Resolution, in the manner and in accordance with the terms provided in such Bond Insurance Policy. "BOND INSURER" shall mean the issuer of a Bond Insurance Policy and its successors. "BONDHOLDER," "HOLDER OF BONDS," "OWNER" OR "OWNERS" or any similar term, shall mean any person who shall be the registered owner of any Bond or Bonds Outstanding under the terms of this Resolution. "BONDS" shall mean, except as otherwise provided in this Resolution, any bonds, notes or other evidences of indebtedness authorized to be issued pursuant to the terms and provisions of this Resolution. "BOOK-ENTRY SYSTEM" shall mean the system under which the City may issue its Bonds and maintain the registration for such Bonds in book-entry form only. "BUSINESS DAY" shall mean any day other than a Saturday, Sunday, legal holiday or a day on which banking institutions in the State of Florida are authorized by law to close. "CAPITAL APPRECIATION BONDS" shall mean those Bonds issued under this Resolution as to which interest is compounded periodically on each of the applicable periodic dates designated for compounding and payable in an amount equal to the then current Accreted Value only at the maturity, earlier redemption or other payment date therefor, all as so designated by subsequent proceedings of the Commission relating to the issuance thereof, and which may be either Serial Bonds or Term Bonds. "CAPITAL APPRECIATION AND INCOME BONDS" shall mean any Bonds issued under this Resolution as to which accruing interest is not paid prior to the Interest Commencement Date specified in the resolution authorizing such Bonds and the Appreciated Value for such WPB/SANFORDS/245564159hS05!,DOC/12/14/99 6 Res. No. 76-99 Bonds is compounded periodically on certain designated dates pdor to the Interest Commencement Date for such series of Capital Appreciation and Income Bonds, all as so designated by subsequent proceedings of the Commission relating to the issuance thereof, and which may be either Serial Bonds or Term Bonds. "CITY" shall mean the City of Delray Beach, Flodda and its permitted successors and assigns. "CLERK" shall mean the City Clerk, or such person who is authorized to act on behalf of the City Clerk. "CODE" ~hall mean the Internal Revenue Code of 1986, as amended, and all subsequent tax legislation duly enacted by the Congress of the United States. Each reference to a section of the Code herein shall be deemed to include, if applicable, temporary or proposed regulations, revenue rulings and proclamations issued or amended with respect thereto. "COMMISSION" shall mean the City Commission of the City of Delray Beach, Florida, serving as the governing body of the City. "CREDIT FACILITY" shall mean a Bond Insurance Policy, a surety bond, a letter of credit, line of credit, guaranty or such other instrument that would enhance the credit of the Bonds. The term "Credit Facility" shall not mean a Reserve Account Credit Facility Substitute. "CREDIT FACILITY ISSUER" shall mean a Bond Insurer or any other issuer of a Credit Facility, as applicable. "DEBT SERVICE RESERVE REQUIREMENT" shall mean, to the extent applicable to a series of Bonds as determined by subsequent proceedings of the Commission, an amount equal to the lesser of (i) the maximum amount of principal of and interest on the Bonds becoming due in the current Fiscal Year or in any succeeding Fiscal Year, (ii) one hundred twenty-five percent (125%) of the average annual amount of principal of and interest on the Bonds becoming due in the current Fiscal Year or in any succeeding Fiscal Year or (iii) ten w.~s~.~o.os=~s~o~.~o=~ 7 Res. No. 76-99 percent (10%) of the proceeds of the Bonds (within the meaning of the Code) required to be maintained in the Reserve Account of the Debt Service Fund created and established under this Resolution. Such Debt Service Reserve Requirement may be satisfied, in whole or in part, by obtaining a Reserve Account Credit Facility Substitute with the requisite coverage. "DEFEASANCE OBLIGATIONS" shall mean to the extent permitted by law and (other than with respect to the obligations described in clause (a) below) acceptable, at the time of defeasance, to the Credit Facility Issuer if the principal of and interest on the defeased Bonds is secured by a Credit Facility and such Credit Facility Issuer is not in default under such Credit Facility or, if not So secured by a Credit Facility, acceptable, at the time of defeasance, to the Rating Agencies or Agencies, if any, then rating the defeased Bonds: (a) U.S. Obligations, which are not redeemable prior to maturity; (b) any bonds or other obligations of any state of the United States of America or of any agency, instrumentality or local governmental unit of any such state (i) which are not callable prior to maturity or as to which irrevocable instructions have been given to the trustee or paying agent of such bonds or other obligations by the obligor to give due notice of redemption and to call such bonds for redemption on the date or dates specified in such instructions, (ii) which are secured as to principal and interest and redemption premium, if any, by a fund consisting only of cash or bonds or other obligations of the character described in clause (a) hereof which fund may be applied only to the payment of such principal of and interest and redemption premium, if any, on such bonds or other obligations on the maturity date or dates thereof or the redemption date or dates specified in the irrevocable instructions referred to in subclause (i) of this clause (b), as appropriate, and (iii) as to which the principal of and interest on the bonds and obligations of the character described in clause (a) hereof which have been deposited in such fund along with any cash on deposit in such fund are sufficient to pay principal of and interest and redemption premium, if any, on the bonds or other obligations WPB/SANFORDS]245564/59hS05!.DOC/12/14/99 8 Res. No. 76-99 described in this clause (b) on the maturity date or dates thereof or on the redemption date or dates specified in the irrevocable instructions referred to in subclause (i) of this clause (b), as appropriate; and (c) Evidences of ownership of proportionate interests in future interest and/or principal payments on obligations described in clause (a) held by a bank or trust company as custodian. "FISCAL YEAR" shall mean that period commencing on October 1 and continuing to and including the next succeeding September 30, or such other annual period as may be prescribed by law as the fiscal year of the City. "FITCH" shall mean Fitch IBCA, Inc., a corporation organized and existing under the laws of the State of Delaware, its successors and assigns, and if such corporation shall be dissolved or liquidated or shall no longer perform the functions of a securities rating agency, "FITCH" shall be deemed to refer to any other nationally recognized securities rating agency designated by the City. "INTEREST COMMENCEMENT DATE" shall mean, with respect to any particular Capital Appreciation and Income Bond, the date specified in the resolution providing for the issuance of such Bonds (which date must be prior to the maturity date for such Bonds) after which interest accruing on such Bonds shall be payable semi-annually (or at such other times as the Commission shall determine by subsequent proceedings), with the first such payment date being the applicable Interest Payment Date immediately succeeding such Interest Commencement Date. ~INTEREST PAYMENT DATE" shall mean such dates of each Fiscal Year on which interest and/or principal are payable on the Bonds (other than Capital Appreciation Bonds and Capital Appreciation and Income Bonds prior to the applicable Interest Commencement Date) that are then Outstanding. W.~S~FO.DS~45~5~.0S~.~OC~4~ 9 Res. No. 76-99 "MAXIMUM INTEREST RATE" shall mean, with respect to Variable Rate Bonds, issued pursuant to the terms and provisions of this Resolution, the maximum rate of interest such Bonds may bear at any particular time, which rate shall not exceed the rate of interest allowed under State law. "MOODY'S" shall mean Moody's Investors Service, Inc., a corporation organized and existing under the laws of the State of Delaware, its successors and their assigns, and, if such corporation shall be dissolved or liquidated or shall no longer perform the functions of a securities rating agency, "Moody's" shall be deemed to refer to any other nationally recognized securities rating ~igency designated by the City. "NON-AD VALOREM REVENUES" shall mean all revenues of the City derived from any source whatever other than ad valorem taxation on real and personal property, which are legally available for payment of debt service by the City. "NRMSIR" shall mean any Nationally Recognized Municipal Securities Information Repository for purposes of the Rule. The NRMSIRs currently approved by the Securities and Exchange Commission as of the date of adoption of this Resolution are as follows: Bloomberg Municipal Repository Post Office Box 840 Princeton, New Jersey 08542-0840 Internet address: MUNIS@bloomberg.doc Telephone: (609) 279-3200 Fax: (609) 279-5962 Emaih munis@bloomberg.com Kenny Information Services The Repository 65 Broadway, 16th Floor New York, New York 10006 Attn: Kenny Repository Service Telephone: (212)770-4595 Fax: (212)797-7994 Res. No. 76-99 Thomas NRMSIR 395 Hudson Street, 3"~ Floor New York, NY 10014 Attn.: Municipal Disclosure Telephone: (800) 689-8466 Fax: (212)989-2078 Email: Disclosure@muller. corn DPC Data Inc. One Executive Drive Fort Lee, NJ 07024 Telephone: (201) 346--O701 Fax: (201) 947- 0107 Email: NRMSIR@dpcdata.com "OUTSTANDING" shall mean, when used with reference to the Bonds, as of any particular date, all Bonds theretofore, or thereupon being, authenticated and delivered by the Registrar under this Resolution, except (i) Bonds theretofore or thereupon canceled by the Registrar or surrendered to the Registrar for cancellation; (ii) Bonds with respect to which all liability of the City shall have been discharged in accordance with Article III, Section 4.H of this Resolution; (iii) Bonds in lieu of or in substitution for which other Bonds shall have been authenticated and delivered by the Registrar pursuant to any provision of this Resolution; (iv) Bonds canceled after purchase in the open market or because of payment at redemption prior to maturity; and (v) Bonds held or purchased by the City, unless the City intends as evidenced by wdtten communication to the Registrar that such Bonds shall remain Outstanding. "PARTICIPANTS" shall mean brokers, dealers, banks and other financial institutions and other persons for whom, from time to time, the Securities Depository effects book-entry transfers and pledges of securities deposited with the Securities Depository. "PAYING AGENT" shall mean either the Finance Department of the City as determined by subsequent proceedings of the Commission to be applicable to a series of Bonds or any bank or trust company and any successor bank or trust company appointed by subsequent proceedings of the Commission to act as Paying Agent hereunder. Res. No. 76-99 "PERMITTED INVESTMENTS" shall mean (i) U.S. Obligations and (ii) all other investments permitted under the laws of Florida and if required as a condition of obtaining a Credit Facility, acceptable to the Credit Facility Issuer. "PLEDGED REVENUES" shall mean (i) the Non-Ad Valorem Revenues deposited in the Debt Service Fund created and established under this Resolution, (ii) investment income received from the investment of moneys in the Debt Service Fund and accounts established hereunder, other than the escrow deposit trust fund established under any escrow deposit agreement, and (iii) any other moneys deposited in the Debt Service Fund or received by the Paying Agent in cbnnection with the repayment of the Bonds. "PROJECTS" shall mean any capital project that the City is authorized to finance under Florida law. The term "Projects" also includes any prior capital expenditures made with respect to municipal capital projects that City seeks reimbursement for from the proceeds of a series of Bonds. "RATING AGENCY" or "AGENCIES" shall mean Moody's, Fitch and/or S&P, and/or such other nationally recognized securities rating agency, whichever shall have a rating then in effect with respect to the Bonds. "REGISTRAR" shall mean either the Finance Department of the City as determined by subsequent proceedings of the Commission to be applicable to a series of Bonds or any bank or trust company and any successor bank or trust company, appointed by subsequent proceedings of the Commission to act as Registrar hereunder. "REPLACEMENT BONDS" shall mean certificated Bonds authenticated and delivered pursuant to Article II, Section 9 of this Resolution, when the City discontinues the Book-Entry System. "RESERVE ACCOUNT CREDIT FACILITY SUBSTITUTE" shall mean any one of the facilities described in Section 4.D of Article III of this Resolution. WP~SANFORDS~245564/SghSOSLDOC/12/14/99 12 Res. No. 76-99 "RESOLUTION" shall mean this Resolution as the same may from time to time be amended and supplemented in accordance with the terms hereof. "S&P" shall mean Standard & Poor's, a division of McGraw Hill, Inc., a corporation organized and existing under the laws of the State of New York, its successors and their assigns, and, if such corporation shall be dissolved or liquidated or shall no longer perform the functions of a securities rating agency, "S&P" shall be deemed to refer to any other nationally recognized securities rating agency designated by the City. "SECURITIES DEPOSITORY" shall mean, with respect to the Bonds to be issued in book entry forrri, The Depository Trust Company and its successors and assigns, or a successor clearing agency designated pursuant to Article II hereof and its successors and assigns. "SERIAL BONDS" shall mean the Bonds of an issue other than Term Bonds which shall be stated to mature annually. "TAX CERTIFICATE" shall mean the certificate as to arbitrage and instructions as to compliance with the provisions of Section 103(a) of the Code, executed by the City on the date of initial issuance and delivery of each series of the Bonds, as such Tax Certificates may be amended from time to time, and which serves as a source of guidance for achieving compliance with the Code. "TERM BONDS" shall mean the Bonds of an issue which shall be stated to mature on one date and for the amortization of that which mandatory payments are required to be made into the Debt Service Account. "U.S. OBLIGATIONS" shall mean the direct obligations of, or obligations the timely payment of principal of and interest on which are unconditionally guaranteed by, the United States of America, and, if determined by subsequent proceedings of the Commission, Res. No. 76-99 certificates which evidence ownership of the right to the payment of the principal of, or interest on, such obligations. "VARIABLE RATE BONDS" shall mean Bonds with a variable, adjustable, convertible or other similar rate which is not fixed in percentage for the entire term thereof at the date of issue. Words of the masculine gender shall be deemed and construed to include correlative words of the feminine and neuter genders. Words importing the singular number shall include the plural number and vice versa unless the context shall otherwise indicate. The word "person" shall include corporations, associations, natural persons and public bodies unless the context shall otherwise indicate. Reference to a person other than a natural person shall include its successors. Section 2. FINDINGS. It is hereby ascertained, determined and declared: A. That the recitals hereinbefore mentioned are hereby adopted. B. That the Commission deems it necessary, desirable and in the best interest of the citizens and residents of the City to issue the Bonds, from time to time, to provide for the financing and refinancing of all or a portion of the Projects and to provide the means of reimbursing the City for prior expenditures made for certain capital projects and to pay the costs of issuing the Bonds. C. That the principal of and interest on the Bonds to be issued pursuant to this Resolution, and all of the reserve, if any, and sinking fund payments provided for herein will be paid from the Non Ad Valorem Revenues, all as provided herein; and the ad valorem taxing power of the City will never be necessary or authorized to pay the principal of and interest on the Bonds to be issued pursuant to this Resolution, or to make any of the reserve, if any, or sinking fund payments provided for in this Resolution, and the Bonds issued pursuant to this Resolution shall not constitute a lien upon any of the Projects or upon any other property whatsoever of or in the City and shall not be an indebtedness of the City within the meaning of w~s~Fo,[~s~4s.~os~.~oc~/~4~ 14 Res. No. 76-99 any Constitutional, statutory or other limitation of Indebtedness, but shall be payable solely from the Non Ad Valorem Revenues. D. That the Non Ad Valorem Revenues will be sufficient to pay the principal of, redemption premium, if any, and interest on the Bonds to be issued pursuant to this Resolution, as the same becomes due and payable, and all sinking fund, reserve, if any, and other payments provided for in this Resolution. E. That the Projects shall be financed in the manner provided in this Resolution. F. That except as otherwise provided in this Resolution and any subsequent resolution with re{;pect to a series of Bonds, the Bonds shall be on parity in all respects. Section 3. AUTHORITY FOR THIS RESOLUTION. This Resolution is adopted pursuant to the Act. Section 4. RESOLUTION CONSTITUTES CONTRACT. In consideration of the acceptance of the Bonds authorized to be issued hereunder by those who shall hold the same from time to time, this Resolution shall be deemed to be and shall constitute a contract between the City and such Owners and the covenants and agreements herein set forth to be performed by said City shall be for the equal benefit, protection and security of the Owners of any and all of such Bonds all of which shall be of equal rank and without preference, priority, or distinction of any of the Bonds over any other thereof except as expressly provided therein and herein. w,~s,.Fo,~s~s.~.os~.ooc~,~ 15 Res. No. 76-99 ARTICLE II AUTHORIZATIONS, TERMS, EXECUTION AND REGISTRATION OF BONDS Section 1. AUTHORIZATION OF BONDS. Subject and pursuant to the provisions of this Resolution, obligations of the City to be known as 'Revenue Bonds" with appropriate series designation and such other designations as the Commission deems appropriate, all as shall be determined by subsequent proceedings are hereby authorized to be issued from time to time. The Bonds shall be issued for the purposes described in Section 2 of Article I hereof and, if determined necessary by subsequent proceedings, to fund a Reserve Account, or in lieu thereof, pay the I~remium on a Reserve Account Credit Facility Substitute and pay the cost of issuing the Bonds, including the cost of a Credit Facility, if any. Section 2. DESCRIPTION OF BONDS. The Bonds shall be issued in registered form, shall be in the denomination of not less than $5,000 each, or any integral multiple thereof; provided, however, (i) if such Bonds are Capital Appreciation Bonds, then in $5,000 maturity amounts or in $5,000 multiples thereof, and (ii) if such Bonds are Capital Appreciation and Income Bonds, such Bonds may be issued in any denomination, as long as their Appreciated Value at maturity shall be $5,000 or any integral multiple thereof; and the Bonds shall mature on such dates in such years and in such amounts, all as provided by subsequent proceedings of the Commission. Principal shall be payable at the designated office of the Paying Agent. The Bonds shall be numbered in such manner as may be prescribed by the Registrar. The Bonds shall bear interest at not exceeding the maximum rate or rates permitted by law, payable by check or draft made payable to the Holder of Bonds and mailed to the address of such Holder of Bonds, as such name and address as appear on the registration books of the City maintained by the Registrar on the fifteenth day of the calendar month preceding each Interest Payment Date or the fifteenth day prior to the date notice or redemption is given, whether or not such 15th day is a Saturday, Sunday or holiday (herein the 'Record Date"); provided, however, W.~S~.FO.DS=4S~5~,.05~.~C~,~ 16 Res. No. 76-99 that payment of interest on the Bonds may, at the option of any Holder of Bonds in an aggregate principal amount of at least $1,000,000, be transmitted by wire transfer to the Holder at the domestic bank account number on file with the Paying Agent as of the Record Date. The Bonds authenticated pdor to the first Interest Payment Date shall be dated and bear interest from the date determined by subsequent proceedings of the Commission. Bonds authenticated subsequent to the first Interest Payment Date shall bear interest from the next preceding Interest Payment Date on which such interest has been paid, unless such Bond is registered on an Interest Payment Date or during the period between a Record Date and the next succeeding Interest Payment Date, then from such Interest Payment Date if interest is then paid, as the case may be; provided, however, that if and to the extent there is a default in the payment of the interest due on such Interest Payment Date, such defaulted interest shall be paid to the persons in whose name Bonds are registered on the registration books of the City maintained by the Registrar at the close of business on the fifteenth day prior to a subsequent Interest Payment Date established by notice mailed by the Registrar to the registered owner not less than the tenth day preceding such subsequent Interest Payment Date, such interest shall be payable not less frequently than semiannually on such dates determined by subsequent proceedings of the Commission, except that (i) interest on any Capital Appreciation Bonds shall be paid only at maturity or upon redemption prior to maturity in the amount determined by reference to the Accreted Value, and (ii) interest on a Capital Appreciation and Income Bond shall be payable upon redemption pdor to maturity and semiannually on such dates determined by subsequent proceedings of the Commission, but only after the Interest Commencement Date. The Bonds shall be payable, with respect to interest, principal and premium, if any, in any coin or currency of the United States of America which at the time of payment is legal tender for the payment of public and private debts; Res. No. 76-99 The Bonds issued hereunder may be Serial Bonds or Term Bonds and may be Variable Rate Bonds, and such Bonds issued hereunder may be Capital Appreciation Bonds and/or Capital Appreciation and Income Bonds as determined by subsequent proceedings of the Commission. The payment of principal of and interest on the Bonds may, in addition to the Pledged Revenues, be secured by Bond Insurance or other Credit Facility all as shall be determined by subsequent proceedings of the Commission. Section 3. REDEMPTION PROVISIONS. The Bonds may be subject to redemption prior to maturity 'at such times, at such redemption prices and upon such terms as shall be determined by subsequent proceedings of the Commission. Section 4. EXECUTION OF BONDS. The Bonds shall be executed in the name of the City by the signature of the Mayor or Vice Mayor and its official seal shall be affixed thereto or imprinted or reproduced thereon and attested by the Clerk. The signatures of said Mayor or Vice Mayor and Clerk on the Bonds may be manual or facsimile signatures. In case any one or more of the officers who shall have signed or sealed any of the Bonds shall cease to be such officer of the City before the Bonds so signed and sealed shall have been actually sold and delivered, such Bonds may nevertheless be sold and delivered as herein provided and may be issued as if the person who signed or sealed such Bonds had not ceased to hold such office. Any Bond may be signed and sealed on behalf of the City by such person who at the actual time of the execution of such Bond shall hold the proper office, although at the date such Bonds shall be actually delivered such person may not hold office or may not be so authorized. The Bonds shall bear thereon a certificate of authentication, in the form set forth in Section 8 hereof, executed manually by the Registrar. Only such Bonds as shall bear thereon such certificate of authentication shall be entitled to any right or benefit under this Resolution and no Bond shall be valid or obligatory for any purpose until such certificate of authentication W.~S*.~O~S~4~.~5~0~.DOO~4~ 18 Res. No. 76-99 shall have been duly executed by the Registrar. Such certificate of the Registrar upon any Bond executed on behalf of the City shall be conclusive evidence that the Bond has been so authenticated and that the Owner thereof is entitled to the benefits of this Resolution. Section 5. NEGOTIABILITY, REGISTRATION AND CANCELLATION. Except as may be otherwise provided in subsequent proceedings of the Commission with respect to a sedes of Bonds, at the option of the registered owner thereof and upon surrender thereof at the designated office of the Registrar with a written instrument of transfer satisfactory to the Registrar duly executed by the registered owner or his duly authorized attorney and upon payment by sucl~ Owner of any charges which the Registrar may make as provided in this Section, the Bonds may be exchanged for Bonds of the same series and maturity of any other authorized denominations. The Registrar shall keep books for the registration of Bonds and for the registration of transfers of Bonds. The Bonds shall be transferable by the Owner thereof in person or by his attorney duly authorized in writing only upon the books of the City kept by the Registrar and only upon surrender thereof together with a wdtten instrument of transfer satisfactory to the Registrar duly executed by the Owner or his duly authorized attorney. Upon the transfer of any such Bond, the City shall issue in the name of the transferee a new Bond or Bonds. The City is authorized to impose restrictions on transferability with respect to any series of Bonds. The City, the Paying Agent and the Registrar shall deem and treat the person in whose name any Bond shall be registered upon the books kept by the Registrar as the absolute Owner of such Bond, whether such Bond shall be overdue or not, for the purpose of receiving payment of, or on account of, the principal of and interest on such Bond as the same become due and for all other purposes. All such payments so made to any such Owner or upon his order shall be valid and effectual to satisfy and discharge the liability such Bond to the extent of the sum or Res. No. 76-99 sums so paid, and neither the City, the Paying Agent nor the Registrar shall be affected by any notice to the contrary. In all cases in which the privilege of exchanging Bonds or transferring Bonds is exercised, the City shall execute and the Registrar shall authenticate and deliver Bonds in accordance with the provisions of this Resolution. All Bonds surrendered in any such exchanges or transfers shall forthwith be delivered to the Registrar and canceled by the Registrar in the manner provided in this Section. There shall be no charge for any such exchange or transfer of Bonds, but the City or the Registrar may require the payment of a sum sufficient to pay any tax, fee or other governmental charge required to be paid with respect to such exchange or transfer. Neither the City nor the Registrar shall be required (i) to transfer or exchange Bonds for a period commencing on a Record Date and ending on the next ensuing Interest Payment Date or 15 days next preceding any selection of Bonds to be redeemed or thereafter until after the mailing of any notice of redemption; or (ii) to transfer or exchange any Bonds called for redemption. However, if less than all of a Term Bond is redeemed or defeased, the City shall execute and the Registrar shall authenticate and deliver, upon the surrender or such Term Bond, without charge to the Bondholder, for the unpaid balance of the principal amount of such Term Bond so surrendered, a registered Term Bond in the appropriate denomination. All Bonds paid or redeemed, either at or before maturity, shall be delivered to the Registrar when such payment or redemption is made, and such Bonds, together with all Bonds purchased by the City with the intent of cancellation, shall thereupon be promptly canceled. Bonds so canceled may at any time be destroyed by the Registrar, who shall execute a certificate of destruction in duplicate by the signature of one of its authorized officers described by the Bonds so destroyed, and one executed certificate shall be filed with the City and the other executed certificate shall be retained by the Registrar. W~NFO~i~S/24,~564/59hS05!.~./12/14/99 20 Res. No. 76-99 The City is hereby authorized to provide for the registration of the Bonds by adopting the Book-Entry System for such Bonds. Bonds held by the Securities Depository while the Bonds are registered under the Book-Entry System shall be registered in the name of the Securities Depository or its nominee and beneficial ownership of such Bonds shall be transferred in accordance with the procedures of the Securities Depository and its Participants. Section 6. BONDS MUTILATED, DESTROYED, STOLEN OR LOST. In case any Bond shall become mutilated, destroyed, stolen or lost, the City may execute and the Registrar shall authenticate and deliver a new Bond of like series, date, maturity and denomination as the Bond so mutilated, destroyed, stolen or lost; provided that, in the case of any mutilated Bond, such mutilated Bond shall first be surrendered to the City and, in the case of any lost, stolen or destroyed Bond, there shall first be furnished to the City and the Registrar evidence of such loss, theft, or destruction satisfactory to the City and the Registrar, together with indemnity satisfactory to them. In the event any such Bond shall be about to mature or have matured or have been called for redemption, instead of issuing a duplicate Bond, the City may pay the same without surrender thereof. The City and the Registrar (if not the City) may charge the Owner of such Bond their reasonable fees and expenses in connection with this transaction. Any Bond surrendered for replacement shall be canceled in the same manner as provided in Section 5 hereof. Any such duplicate Bonds issued pursuant to this Section shall constitute additional contractual obligations on the part of the City, whether or not the lost, stolen or destroyed Bonds be at any time found by anyone, and such duplicate Bonds shall be entitled to equal and proportionate benefits and rights as to lien on and source and security for payment from the Pledged Revenues with all other Bonds issued hereunder. Section 7. PREPARATION OF DEFINITIVE BONDS; TEMPORARY BONDS. Unless the City is utilizing the Book-Entry System, the definitive Bonds shall be lithographed, WPB/,~ANFORDS/245564/59hS05!.DOC.212/14/99 21 Res. No. 76-99 typewritten or printed on steel engraved borders. Until the definitive Bonds are prepared, the Mayor or Vice Mayor and the Clerk may execute and the Registrar may authenticate, in the same manner as is provided in Section 4 of this Article II, and deliver, in lieu of definitive Bonds, but subject to the same provisions, limitations and conditions as the definitive Bonds, one or more printed, lithographed or typewritten temporary fully registered Bonds, substantially of the tenor of the definitive Bonds in lieu of which such temporary Bond or Bonds are issued, in authorized denominations or any whole multiples thereof, and with such omissions, insertions and variations as may be appropriate to such temporary Bonds. The City, at its own expense, shall prepare and execute and, upon the surrender at the designated corporate trust office of the Registrar of such temporary Bonds for which no payment or only partial payment has been provided, for exchange and the cancellation of such surrendered temporary Bonds, the Registrar shall authenticate and, without charge to the Holder thereof, deliver in exchange therefor, at the designated office of the Registrar, definitive Bonds of the same aggregate principal amount and maturity as the temporary Bonds surrendered. Until so exchanged, the temporary Bonds shall in all respects be entitled to the same benefits and security as definitive Bonds issued pursuant to this Resolution. If the City is utilizing the Book-Entry System, the Bonds shall be in the form so required by the Securities Depository. Section 8. FORM OF BONDS. Unless otherwise provided in subsequent proceedings of the Commission with respect to a series of Bonds, the text of the Bonds shall be of substantially the following tenor, with such omissions, insertions and variations as may be necessary and desirable: W"a~S~,FO.DS=45~5~,~051.,OC~=~4~ 22 Res. No. 76-99 (Form of Bonds)* * The text of the Bonds shall be of substantially the tenor set forth below. Provisions of the Bonds may be set forth on the back of the Bonds and shall for all purposes have the same effect as if set forth on the front on the Bonds. (Face of Bond with certain provisions applicable to a Capital Appreciation Bond or a Capital Appreciation and Income Bond as indicated) No. R- $ UNITED STATES OF AMERICA STATE OF FLORIDA PALM BEACH COUNTY CITY OF DELRAY BEACH REVENUE [REFUNDING] [AND IMPROVEMENT] BOND SERIES Interest Rate Maturity_ Date Dated Date CUSIP Registered Owner: Principal Amount: KNOW ALL MEN BY THESE PRESENTS, that the City of Delray Beach, Flodda, a municipal corporation of the State of Flodda (the "City"), for value received, hereby promises to pay, from the Pledged Revenues, hereinafter mentioned, to the Registered Owner or registered assigns on the Maturity Date specified above, upon the presentation and surrender hereof at the designated office of , as paying agent (said w.e~s~ro~s~4~os~.ooc~4/~ 23 Res. No. 76-99 and any bank or trust company becoming successor paying agent being herein called the "Paying Agent"), the Principal Amount stated hereon with interest thereon at the Interest Rate stated above, payable on the first day of and of each year until the City's obligation with respect to the payment of such principal sum shall be discharged. Interest on this Bond is payable by check or draft of the Paying Agent made payable to the registered owner and mailed to the address of the registered owner as such name and address shall appear on the registration books of , as registrar (said and any bank or trust company becoming successor registrar being herein called the "Registrar"), on the fifteenth day of the calendar month preceding each interest payment date, or the fifteenth day prior to the date notice of redemption is given, whether or not such fifteenth day is a Saturday, Sunday or holiday (the "Record Date"); provided, however, that payment of interest on the Bonds may, at the option of any Holder of Bonds in an aggregate principal amount of at least $1,000,000, be transmitted by wire transfer to the Holder to the domestic bank account number on file with the Paying Agent as of the Record Date. Such interest shall be payable from the most recent interest payment date next preceding the date of authentication to which interest has been paid, unless the date hereof is an 1 or I to which interest has been paid, in which case from the date of authentication, or unless the date hereof is prior to , , in which case from , , or unless the date hereof is between a Record Date and the next succeeding interest payment date, in which case from such interest payment date; provided, however, that if and to the extent there is a default in the payment of the interest due on such interest payment date, such defaulted interest shall be paid to the persons in whose name Bonds are registered on the registration books of the City maintained by the Registrar at the close of business on the fifteenth day prior to a subsequent interest payment date established by notice mailed by the Registrar to the w.~s~.~o~s=~/~sos:.ooc~ 24 Res. No. 76-99 p, es, ~o. '/6'cj9 [The following is applicable to Capital Appreciation Bonds only] No. $ UNITED STATES OF AMERICA STATE OF FLORIDA PALM BEACH COUNTY CITY OF DELRAY BEACH REVENUE [REFUNDING] [AND IMPROVEMENT] BOND SERIES Interest Rate Maturity_ Date ~ CUSIP Registered Owner: Principal Amount: $. per $5,000 Amount Due at Maturity. Amount Due at Maturity: KNOW ALL MEN BY THESE PRESENTS, that the City of Delray Beach, Florida, a municipal corporation of the State of Florida (the "City"), for value received, hereby promises to pay, from the Pledged Revenues, hereinafter mentioned, to the Registered Owner or registered assigns on the Maturity Date specified above, upon the presentation and surrender hereof at the designated office of , as paying agent (said and any bank or trust company to become successor paying agent being herein called the "Paying Agent"), the Amount Due at Maturity (stated above), constituting the Principal Amount per $5,000 Amount Due at Maturity (stated above) and interest thereon at the Interest Rate (stated above) from the Dated Date (stated above) W.a~S~NFO.DS~,S~/S~0St.~OC/~/~,~ 26 Res. No. 76-99 compounded on ~ and thereafter on 1 and 1, of each year until payment of said maturity amount or, upon earlier redemption or other payment of this Bond, as set forth on the reverse side hereof, payment to be made at the Accreted Value as of the date of redemption or other payment of this Bond. The 'Accreted Value" of this Bond shall mean, as of any date of computation, an amount equal to the principal amount hereof plus the compounded interest accrued hereon to the I or 1 next preceding the date of computation or the date of computation if an I or an 1, plus, if such date of computation shall not be an 1 or an 1, a portion of the difference between the Accreted Value as of the immediately preceding 1 or 1 (or th..e Dated Date if the date of computation is prior to , ) and the Accreted Value as of the immediately succeeding 1 or 1, calculated based upon the assumption that Accreted Value accrues dudng any semi-annual period in equal daily amounts on the basis of a year of twelve 30-day months. The Accreted Value per $5,000 maturity amount of this Bond on each 1 or I is set forth in a table on the reverse hereof. The table should not be construed as a representation as to the market value of this Bond at any time in the future but may bear a relationship to the amount of tax-exempt interest and taxable gain with respect to this Bond if sold prior to maturity. W~=S~.FO.DS=45~5~05~.=OC~=~4~ 27 Res. No. 76-99 [The following is applicable to Capital Appreciation and Income Bonds only] No. $. UNITED STATES OF AMERICA STATE OF FLORIDA PALM BEACH COUNTY CITY OF DELRAY BEACH REVENUE [REFUNDING] [AND IMPROVEMENT] BOND SERIES Interest Rate M~J~;y_.D.~ ~ CUSIP Registered Owner: Principal Amount: $ per $5,000 Amount Due at Maturity. Amount Due at Maturity: Interest Commencement Date: KNOW ALL MEN BY THESE PRESENTS, that the City of Delray Beach, Florida, a municipal corporation of the State of Florida (the "City"), for value received, hereby promises to pay, from the Pledged Revenues, hereinafter mentioned, to the Registered Owner or registered assigns on the Maturity Date specified above, upon the presentation and surrender hereof at the designated corporate trust office of , as paying agent (said and any bank or trust company to become successor paying agent being herein called the "Paying Agent"), the Amount Due at Maturity (stated above), constituting the Principal Amount (stated above) per $5,000 Amount Due at W.~S~.FO..DS~45~/5~05~.~OC~4~ 28 Res. No. 76-99 Matudty and interest thereon at the Interest Rate (stated above) from the Dated Date (stated above) compounded on each I and 1 during the pedod from the Dated Date (stated above) to (the "Interest Commencement Date"). The City further promises to pay to the Registered Owner hereof by check or draft of the Paying Agent made payable to the registered owner and, mailed to such registered owner at the address shown on the registration books of the City kept for that purpose at the designated office of , as registrar (said and any bank or trust company becoming successor registrar being herein called the "Registrar") as of the fifteenth day of the month preceding such interest payment date, interest on the Amount Due at Matudty from the Interest Commencement Date, at the rate per annum equal to the Interest Rate (stated above), payable on the first day of April and October in each year (commencing 1, ), until the City's obligation with respect to the payment of such Amount Due at Maturity shall be discharged. Upon earlier redemption or other payment prior to the Interest Commencement Date as set forth on the reverse hereof, payment shall be made at the Appreciated Value as of the date of redemption or other payment of this Bond. The "Appreciated Value" of this bond shall mean (i) as of any date of computation up to and including, 1, , an amount equal to the Principal Amount hereof plus the interest accrued thereon to the 1 or I next preceding the date of computation or the date of computation if an I or an 1, plus, if such date of computation shall not be an I or an 1, a portion of the difference between the Appreciated Value as of the immediately preceding I or 1 (or the Dated Date if the date of computation is prior to 1, __) and the Appreciated Value as of the immediately succeeding I or 1, calculated based upon an assumption that Appreciated Value accrues during any semi-annual period in equal daily amounts on the basis w.~s~.~o.os~.o~.~c~ 29 Res. No. 76-99 of a year of twelve 30-day months, and (ii) after the Interest Commencement Date, the Appreciated Value at the Interest Commencement Date. The Appreciated Value per $5,000 Amount Due at Maturity of this Bond on each 1 and I is set forth in a table on the reverse hereof. The table should not be construed as a representation as to the market value of this Bond at any time in the future but may bear a relationship to the amount of tax-exempt interest and taxable gain with respect to this Bond if sold prior to the Interest Commencement Date. Upon redemption or other payment subsequent to the Interest Commencement Date and prior to the Matudty Date in accordance with the provisions set forth on the reverse h~reof, payment of this Bond shall be made in an amount equal to the Amount Due at Maturity plus any applicable premium plus accrued and unpaid interest on such Amount Due at Maturity. w~s,,~o~os=,~/~os;.~c~=~,~ 30 Res. No. 76-99 THE FOLLOWING IS APPLICABLE TO ALL BONDS Reference is hereby made to the provisions of this Bond set forth on the reverse side hereof and such further provisions shall for all purposes have the same effect as if set forth on the front side hereof. This Bond shall not be valid or obligatory for any purpose until the certificate of authentication set forth hereon shall have been duly executed by the Registrar. It is hereby certified and recited that all acts, conditions, and things required to exist, to happen, and to be performed, precedent to and in the issuance of this Bond exist, have happened and have been performed in regular and due form and time as required by the laws and Constitution of the State of Florida applicable thereto, and that the issuance of this Bond, and of the issue of Bonds of which this Bond is one, is in full compliance with all constitutional or statutory limitations or provisions. IN WITNESS WHEREOF, the City of Delray Beach, Florida, has caused this Bond to be signed by its Mayor, either manually or with his [her] facsimile signature, and the seal of said City to be affixed hereto or imprinted or reproduced hereon, and attested by the City's Clerk, either manually or with her [his] facsimile signature, all as of the Dated Date. CITY OF DELRAY BEACH, FLORIDA Mayor ATTEST: City Clerk w.~s..ro. Ds~5~5~osl.ooc~4~ 31 Res. No. 76-99 FORM OF CERTIFICATE OF AUTHENTICATION Date of Authentication: This Bond is one of the Bonds delivered pursuant to the within mentioned Resolution. as Registrar By: Authorized Officer WPB/SANFORDS/245564/59hS051.DOC/12/14/99 32 Res. No. 76-99 (Back of Bond) This Bond is one of an authorized issue of Bonds of the City designated as its Revenue [Refunding] [and Improvement] Bonds, Sedes (herein called the "Bonds"), in the aggregate principal amount of $ of like date, tender, and effect, except as to number, date of maturity and interest rate, issued for the purpose of [state purpose], and for the other purposes as more fully described in the Resolution hereinafter referred to, under the authority of and in full compliance with the Constitution and Statutes of the State of Florida, including particularly, Chapter 166, Florida Statutes, as amended and supplemented, the City Charter, as am'ended and supplemented and other applicable provisions of law, and a resolution duly adopted by the City Commission of said City on December 14, 1999, as amended and supplemented from time to time (herein referred to as the "Resolution"), and is subject to all the terms and conditions of the Resolution. Any capitalized term not otherwise defined in this Bond shall have the meaning ascribed to such term in the Resolution. [Redemption Provisions] This Bond is payable from and secured by a lien upon and pledge of the Pledged Revenues, all in the manner provided in the Resolution. "Pledged Revenues" shall mean (a) the Non-Ad Valorem Revenues deposited in the Debt Service Fund created and established under the Resolution, (b) investment income received from the investment of moneys in the Debt Service Fund and accounts established thereunder, [other than the escrow deposit trust fund established under an escrow deposit agreement,] and (c) any other moneys deposited in the Debt Service Fund or received by the Paying Agent in connection with the repayment of the Bonds. W"~S~.FO.DS~4S~S~,e05;.~OC~,~ 33 Res. No. 76-99 "Non-Ad Valorem Revenues" shall mean all revenues of the City derived from any source whatever other than ad valorem taxation on real and personal property, which are legally available for payment of debt service by the City. Until all of the Bonds are paid or deemed paid pursuant to the provisions of the Resolution, the City has covenanted to appropriate in its annual budget, by amendment if required, in each Fiscal Year, Non-Ad Valorem Revenues sufficient to pay the principal of, redemption premium, if any, and interest on the Bonds, as the same become due and payable. Notwithstanding the foregoing covenant of the City, the City does not covenant to maintain any s~rvices or programs, now provided or maintained by the City, which generate Non-Ad Valorem Revenues. To the extent that the City is in compliance with the covenants contained in the Resolution, and has budgeted and appropriated in each Fiscal Year, Non-Ad Valorem Revenues sufficient to pay the principal of, redemption premium, if any, and interest on the Bonds as the same become due and payable, the Resolution and the obligations of the City contained therein shall not be a limitation on the ability of the City to pledge or covenant to pledge its Non-Ad Valorem Revenues for other legally permissible purposes. The full faith and credit of the City is not pledged for the payment of this Bond, and this Bond does not constitute an indebtedness of the City within the meaning of any Constitutional, statutory or other provision or limitation; and it is expressly agreed by the Owner of this Bond that such Owner shall never have the right to require or compel the exercise of the ad valorem taxing power of the City for the payment of the principal of and interest on this Bond or the making of reserve, if any, and sinking fund payments provided for in the Resolution. It is further agreed between the City and the Owner of this Bond that this Bond and the obligation evidenced thereby shall not constitute a lien upon any of the projects W~S~'~FO,D~45r~5~,S05~.DOC/~4~ 34 Res. No. 76-99 financed with the proceeds of the Bonds, or on any other property or in the City, but shall constitute a lien only on the Pledged Revenues pledged thereto, all in the manner provided in the Resolution. The original registered owner, and each successive registered owner of this Bond shall be conclusively deemed to have agreed and consented to the following terms and conditions: (1) The Registrar shall maintain the books of the City for the registration of Bonds and for the registration of transfers of Bonds as provided in the Resolution. The Bonds shall be transferable by the registered Owner thereof in person or by his attorney duly authorized in writing only upon the books of the City kept by the Registrar and only upon surrender hereof together with a written instrument of transfer satisfactory to the Registrar duly executed by the registered owner or his duly authorized attorney. Upon the transfer of any such Bond, the City shall issue in the name of the transferee a new Bond or Bonds. (2) The City, the Paying Agent and the Registrar shall deem and treat the person in whose name any Bond shall be registered upon the books kept by the Registrar as the absolute owner of such Bond, whether such Bond shall be overdue or not, for the purpose of receiving payment of, or on account of, the principal of and interest on such Bond as the same becomes due, and for all other purposes. All such payments so made to any such registered owner or upon his order shall be valid and effectual to satisfy and discharge the liability upon such Bond to the extent of the sum or sums so paid, and neither the City, the Paying Agent, nor the Registrar shall be affected by any notice to the contrary. (3) At the option of the registered owner thereof and upon surrender hereof at the designated office of the Registrar with a written instrument of transfer satisfactory to the Registrar duly executed by the registered owner or his duly authorized attorney and upon payment by such registered owner of any charges which the Registrar or the City may make w~s,,Fo,os~4~os~.~c~4~ 35 Res. No. 76-99 as provided in the Resolution, the Bonds may be exchanged for Bonds of the same maturity of any other authorized denominations. (4) In all other cases in which the privilege of exchanging Bonds or transferring Bonds is exercised, the City shall execute and the Registrar shall authenticate and deliver Bonds in accordance with the provisions of the Resolution. There shall be no charge for any such exchange or transfer of Bonds, but the City or the Registrar may require payment of a sum sufficient to pay any tax, fee or other governmental charge required to be paid with respect to such exchange or transfer. Neither the City nor the Registrar shall be required (a) to transfer or exchange Bonds for a pedod of 15 days from a Record Date to the next ensuing interest payment date or 15 days next preceding any selection of Bonds to be redeemed or thereafter until after the mailing of any notice of redemption; or (b) to transfer or exchange any Bonds called for redemption. However, if less than all of a Bond is redeemed or defeased, the City shall execute and the Registrar shall authenticate and deliver, upon the surrender of such Bond, without charge to the Bondholder, for the unpaid balance of the principal amount of such Bond so surrendered, a registered Bond in the appropriate denomination. [The following paragraph is applicable to Capital Appreciation Bonds only] The Capital Appreciation Bonds, of which this Bond is one, pay principal and compound accrued interest only at maturity or upon prior redemption. For the purposes of (i) receiving payment of the redemption price if a Capital Appreciation Bond is redeemed prior to maturity, or (ii) computing the amount of Bonds held by the registered owner of a Capital Appreciation Bond in the giving to or by the City any notice, consent, request, or demand pursuant to the Resolution for any purpose whatsoever, or (iii) computing the amount of Bonds to be redeemed and the selection of Bonds to be redeemed, the principal amount of a ~,FORDS=45~.~OC~=~4~ 36 Res. No. 76-99 Capital Appreciation Bond shall be deemed to be its "Accreted Value", which consists of principal plus accrued interest and is more fully defined in the Resolution. [The following paragraph is applicable only to Capital Appreciation and Income Bonds] For the purposes of (i) receiving payment of the redemption pdce if a Capital Appreciation and Income Bond is redeemed prior to maturity, (ii) computing the amount of Bonds held by the registered owner of a Capital Appreciation and Income Bond in the giving to or by the City any notice, consent, request or demand pursuant to the Resolution for any purpose whatsdever, or (iii) computing the amount of Bonds to be redeemed and the selection of Bonds to be redeemed, the principal amount of a Capital Appreciation and Income Bond shall be deemed to be its "Appreciated Value", as such term is more fully defined in the Resolution. W"WS*.,O.DS=~5~/5~0S~.DOC/~=/~4~ 37 Res. No. 76-99 [For Capital Appreciation Bonds only] ACCRETED VALUE PER $5,000 MATURITY AMOUNT Accreted Accreted Date Value Date Value W.~S*.,O.DS~4S~/S~,OS:.~OC~4~ 38 Res. No. 76-99 [For Capital Appreciation and Income Bonds only] ACCRETED VALUE PER $5,000 MATURITY AMOUNT Accreted Accreted Date Value Date Valu~ W~',"FO~S~,.~.~/S~h~.DOC~,~ 39 Res. No. 76-99 ASSIGNMENT AND TRANSFER FOR VALUE RECEIVED the undersigned sells, assigns and transfers unto (please print or typewrite name and address of transferee) the within bond and all rights thereunder, and hereby irrevocably constitutes and appoints Attorney to trar~sfer the within bond on the books kept for registration thereof, with full power of substitution in the premises. Dated: In the presence of: [Statement of Insurance, if any] VVPB/SANFORDS/~45564/59hS0~LDOC/12/14/99 40 Res. No. 76-99 Section 9. BOOK-ENTRY SYSTEM A. As long as the Bonds are registered under the Book-Entry System, the City and the Registrar, as the case may be, shall comply with the terms of the agreements with the Securities Depository (collectively, the 'Book-Entry Agreement"). However, the Book-Entry System through the Securities Depository may be terminated upon the happening of any of the following: 1. The Securities Depository or the City, based upon advice from the Securities Depository, advise the Registrar that the Securities Depository is no longer willing or able to I~roperly discharge its responsibilities under the Book-Entry Agreement and the Registrar and the City are unable to locate a qualified successor clearing agency satisfactory to the Registrar and the City; or 2. The City, in its sole discretion but with the prior written consent of the Registrar, elects to terminate the Book-Entry System by notice to the Securities Depository, the Registrar and the Bond Insurer, if any. B. Upon the occurrence of any event described in Section 9.A above, (i) the City and the Registrar shall, if necessary, enter into a resolution supplemental to this Resolution to add to the provisions of this Resolution any provisions deemed reasonably necessary or required by the Registrar, and approved in writing by the Bond Insurer, if any, with respect to Replacement Bonds (including, but not limited to, the provision for the cost and expenses for the printing thereof) and to account for the fact that, thereafter, the Bonds will no longer be registered under the Book-Entry System, and (ii) the Registrar shall notify the Securities Depository and the Bond Insurer, if any, of the occurrence of such event and of the availability of definitive or temporary Replacement Bonds to Beneficial Owners requesting the same, in an aggregate Outstanding amount representing the interest of each such Beneficial Owner, making such adjustments and allowances as it may find necessary or appropriate as to w,ws~Fo~s=4s~/sa,~os~.~oc/~J~4~ 41 Res. No. 76-99 accrued interest and previous payments of principal. Definitive Replacement Bonds shall be issued only upon surrender to the Registrar of the Bond of each maturity by the Securities Depository, accompanied by registration instructions for the definitive Replacement Bonds for such maturity from the Securities Depository. Neither the City nor the Registrar shall be liable for any delay in delivery of such instructions and conclusively may rely on, and shall be protected in relying on, such instructions. C. Whenever the Bonds are registered under the Book-Entry System and notice or other communication to the Bondholders is required under this Resolution, unless and until definitive Replabement Bonds shall have been issued with respect to the Bonds, the City or the Registrar, as the case may be, shall give to the Securities Depository one copy of each such notice and communication specified herein or required by this Resolution to be given to the Beneficial Owners of the Bonds. ARTICLE III COVENANTS, FUNDS AND APPLICATION THEREOF Section 1. BONDS NOT TO BE INDEBTEDNESS OF THE CITY. The Bonds shall not be or constitute an indebtedness of the City within the meaning of any Constitutional, statutory or other limitation or indebtedness, but shall be secured solely by a lien on and pledge of the Pledged Revenues and payable from the Non-Ad Valorem Revenues, including the Pledged Revenues. No Owner or Owners of any Bonds issued hereunder shall ever have the right to compel the exercise of the ad valorem taxing power of the City, or taxation in any form on any real property therein to pay the Bonds or the interest thereon. No Owner shall have a lien on any Non-Ad Valorem Revenues until deposited in the Debt Service Fund. It is further agreed between the City and the Bondholders that the Bonds and the obligations evidenced thereby shall not constitute a lien upon any of the Projects financed with w.=s~..o.=s=~s~s~.os~.ooc~=~m 42 Res. No. 76-99 the proceeds of the Bonds, or on any other property of or in the City, but shall constitute a lien only on the Pledged Revenues pledged thereto, all in the manner provided in this Resolution. Section 2, BONDS SECURED BY LIEN ON AND PLEDGE OF THE PLEDGED REVENUES. The payment of the principal of, redemption premium, if any, and interest on all of the Bonds issued hereunder shall be secured forthwith equally and ratably by a lien on and pledge of the Pledged Revenues in an amount sufficient to pay the principal of, redemption premium, if any, and interest on the Bonds, herein authorized, and to make all other payments provided for in this Resolution as the same become due and payable. Section 3. APPLICATION OF BOND PROCEEDS. Except as may otherwise be provided by subsequent proceedings of the Commission with respect to a series of Bonds, all moneys received by the City from the sale of each series of the Bonds authorized and issued pursuant to this Resolution shall be disbursed in the following manner and order of priority: A. The accrued interest derived from the sale of the Bonds shall be deposited in the Debt Service Account of the Debt Service Fund, hereinafter created and established, and used for the purpose of paying the interest on the Bonds as the same becomes due and payable. B. If applicable, from the proceeds of the sale of the Series 1999 Bonds, an amount, which together with other moneys lawfully available therefor, if any, shall be deposited in one or more escrow deposit trust funds to be held by a bank or trust company, as trustee, under the terms and provisions of the applicable escrow deposit agreement and such proceeds, together with such other moneys, if any, shall be held irrevocably in trust in such escrow deposit trust funds under the terms and provisions of such escrow deposit agreement; such moneys shall be invested at the time of deposit in U.S. Obligations which are not redeemable prior to maturity except by the holder thereof, the principal and interest of which shall be sufficient to pay the principal of, redemption premium and interest on all or a portion WPB/SANFORDS/245564/59hSOS!.DOC/12/14/99 43 Res. No. 76-99 of any Bonds issued under this Resolution that are being advanced or currently refunded as the same mature and become due and payable or are redeemed pdor to matudty in accordance with the proceedings which authorized their issuance, all as provided in this Resolution, the applicable escrow deposit agreement and subsequent proceedings of the City Commission. C. If applicable, an amount equal to the Debt Service Reserve Requirement may be deposited into the Reserve Account, hereinafter created and established, and used for the purposes provided therein, as shall be determined by subsequent proceedings of the Commission. or in lieu of depositing all or part of such amount of the proceeds of the Bonds, the City may deposit a Reserve Account Credit Facility Substitute with the requisite coverage. D. The balance of the proceeds derived from the sale of the Bonds shall be deposited in a fund in a bank or trust company in the State which is eligible under State laws to receive deposits of City funds, which fund is hereby created, established and designated as the "Construction Fund" together with other moneys lawfully available therefor, if any. There is hereby created and established in the Construction Fund a separate line item to be known as the "Cost of Issuance Cost Center," into which shall be deposited an amount sufficient to pay the costs of issuance of the Bonds, including, but not limited to, payment for the Credit Facility, if any, and the initial payment of the premium or fee for the Reserve Account Credit Facility Substitute, if any. There is hereby further created and established in the Construction Fund a separate line item to be known as the "Capitalized Interest Cost Center," into which shall be deposited an amount, if any, which will be sufficient, including investment income, if any, to provide for the payment of interest on all or a portion of the Bonds of a series issued to pay the cost of the Projects to be financed with the proceeds of such series for a period to be hereinafter determined by subsequent resolution of the Commission in accordance with the terms of the Act, but in no case for a period longer than one (1) year after the completion of W.~S~.FORDS~45~5~,0S~..OC~4~ 44 Res. No. 76-99 the applicable Projects. No withdrawals shall be made from the Construction Fund in an amount in excess of $100,000 at any one time, except for amounts in the Cost of Issuance Cost Center, and the Capitalized Interest Cost Center, without the written approval of the Finance Director or his designee, and only upon receipt of a written requisition executed by the duly authorized official of the City responsible for the acquisition or construction of the applicable Projects, specifying the purpose for which such withdrawal is to be made and certifying that such purpose is one of the purposes provided for in this Resolution for the acquisition or construction of the Projects. If, for any reason, the moneys in the Construction Fund, or any pert thereof, are not necessary for or are not applied to the purposes of the applicable Projects, as such Projects may be changed by subsequent proceedings of the City without the consent of any Bondholder, then such surplus proceeds shall be deposited, upon certification of the Finance Director, that such surplus proceeds are not needed for the purposes of the Construction Fund, in the following order: First, if applicable, to the Reserve Account in the Debt Service Fund hereby created and established for the Bonds, to the full extent necessary, either to reinstate any Reserve Account Credit Facility Substitute on deposit therein, or to deposit additional moneys so that such deposit, together with such moneys already on deposit therein, equal the Debt Service Reserve Requirement for Bonds; Second, if applicable, to the Debt Service Account in the amounts determined by subsequent proceedings of the Commission; and Third, the balance, if any, to the City and used for any lawful purpose. The moneys deposited in the Construction Fund may, pending their use for the purposes provided in this Resolution, be temporarily invested in Permitted Investments maturing not later than the dates on which such moneys will be needed for the purposes of the Construction Fund. Subject to the provisions of the Code and the Tax Certificate, all the W~=S~rO.~S=~/~0S~.DO~=~ 45 Res. No. 76-99 earnings and investment income from such investments shall remain in and become a part of said Construction Fund and be used for the purposes of the Construction Fund. Any moneys received by the City from the State or from the United States of America or any agencies thereof for the purpose of financing any part of the Projects, may be deposited in the Construction Fund and used in the same manner as the Bond proceeds are used therein; provided, however, that such moneys shall not be so deposited in the event and to the extent that the City has incurred debt in anticipation of the receipt of such moneys; and provided further, that separate accounts may be established in the Construction Fund for moneys received pursuant to the provisions of this paragraph whenever required by federal or State regulations. All of the proceeds from the sale of the Bonds deposited hereunder shall be and constitute trust funds for the purposes hereinabove provided and there is hereby created a lien upon such moneys, until so applied, in favor of the Owners of the Bonds; provided, however, that the Owners of the Bonds shall not have a lien on the moneys in the escrow deposit trust fund created pursuant to any escrow deposit agreements or the money used to reimburse the City for prior capital expenditures. Section 4. COVENANTS OF THE CITY. As long as any of the principal of or interest on any of the Bonds shall be outstanding and unpaid, or until there shall have been set apart in the Debt Service Fund (hereinafter defined), a sum sufficient to pay, when due, the entire principal of the Bonds remaining unpaid, together with interest accrued and to accrue thereon, or until the provisions of Section 4.H of this Article III have been complied with, the City covenants with the Owners of any and all of the Bonds issued pursuant to this Resolution as follows: A. Covenant to Budget and Appropriate. Until all of the Bonds are paid or deemed paid pursuant to the provisions of this Resolution, the City hereby covenants to appropriate in WPB/SANFORDS~245564/59hS05!.DOC/12/14/99 46 Res. No. 76-99 its annual budget, by amendment if required, in each Fiscal Year, Non-Ad Valorem Revenues sufficient to pay the principal of, redemption premium, if any, and interest on the Bonds, as the same become due and payable. Notwithstanding the foregoing, the City does not covenant to maintain any services or programs, now provided or maintained by the City, which generate Non-Ad Valorem Revenues. If and to the extent that the City is in compliance with the covenant contained above and the covenants set forth in Paragraph E of this Section 4, and has budgeted and appropriated in each Fiscal Year Non-Ad Valorem Revenues sufficient to pay the principal of, redemption premium, if any, and interest on the Bonds as the same become due and payable, this Resolution and the obligations of the City contained herein shall not be construed as a limitation on the ability of the City to pledge or covenant to pledge its Non-Ad Valorem Revenues for other legally permissible purposes. Upon deposit of Non-Ad Valorem Revenues appropriated in each Fiscal Year into the Debt Service Fund, such Non-Ad Valorem Revenues shall become Pledged Revenues, and the Holders of the Bonds shall have a first lien on such Pledged Revenues until the principal of, redemption premium, if any, and interest on the Bonds shall be paid or deemed paid within the meaning of this Resolution. B. Tax Cov~pant. 1. In order to maintain the exclusion of the interest on the Bonds from gross income for federal income tax purposes pursuant to Section 103(a) of the Code, and for no other purpose, the City covenants to comply with each applicable requirement of the Code. In furtherance of the covenant contained in the preceding sentence, the City agrees to comply with the provisions of the Tax Certificate executed by the City on the date of initial issuance and delivery of each series of the Bonds. w~s,,~o.~s~,~,,~os~.~oc~,~ 47 Res. No. 76-99 2. The City covenants that the City shall make any and all payments required to be made to the United States Department of the Treasury in connection with the Bonds pursuant to Section 148(f) of the Code from amounts on deposit in the fund and accounts established in connection with the Bonds or from other legally available funds of the City. 3. Notwithstanding any other provision of this Resolution to the contrary, as long as necessary in order to maintain the exclusion of the interest on the Bonds from gross income for federal income tax purposes, the covenants contained in this Section shall survive the payment of the Bonds and the interest thereon, including any payment or discharge thereof pursuant to Section 4.H. of this Article III. C. Establishment of the Debt Service Fund and Accounts Therein. There is hereby created and established the following fund and accounts: a Debt Service Fund consisting of a Debt Service Account and a Reserve Account. The Debt Service Fund and the accounts therein shall constitute trust funds for the benefit of the Holders of the Bonds until so applied in accordance with the terms hereof. The City is hereby authorized to create one or more special subaccounts in the Debt Service Account for the payment of sinking fund installments on Term Bonds. D. Disposition of Pledged Revenues. The City shall deposit or cause to be deposited the Non-Ad Valorem Revenues budgeted and appropriated into the Debt Service Account of the Debt Service Fund (including any special subaccounts created and established in the Debt Service Account for the payment of sinking fund installments on Term Bonds) at such times (but in no case later than the Business Day next preceding an Interest Payment Date) and in such amounts as shall be sufficient to make full and timely payments of the principal of, redemption premium, if any, and interest on the Bonds, as the same become due and payable, in each year that the Bonds are outstanding and unpaid. The City may invest w,,~S~,FO,DS~4S~5~,os:.~OC~,~ 48 Res. No. 76-99 the moneys on deposit in the Debt Service Account of the Debt Service Fund in Permitted Investments to mature not later than such times as shall be necessary to pay debt service on the Bonds (whether at maturity, by redemption, or otherwise). If determined by subsequent proceedings of the Commission with respect to a series of Bonds that a Reserve Account is applicable to such sedes of Bonds, as long as such Bonds of that sedes are Outstanding, the City covenants to maintain a Reserve Account in an amount equal to the Debt Service Reserve Requirement, such amounts may be in cash (or Permitted Investments of such cash), or in lieu thereof such Debt Service Reserve Requirement m~y be satisfied by maintaining a Reserve Account Credit Facility Substitute (as herein defined), in the manner provided below, or any combination thereof. Moneys on deposit in the Reserve Account of the Debt Service Fund shall be applied for the purpose of paying the principal of, redemption premium, if any, and interest on the Bonds to the extent that moneys on deposit in the Debt Service Account of the Debt Service Fund are insufficient for such purposes. Moneys on deposit in the Reserve Account of the Debt Service Fund may be invested by the City in Permitted Investments, which shall mature not later than the final maturity of the Bonds, provided however, that such Permitted Investments shall not have maturities extending beyond five years unless approved by the Bond Insurer. Notwithstanding the foregoing provisions, in lieu of all or part of the required deposits of Non-Ad Valorem Revenues into the Reserve Account, the City may cause to be deposited into the Reserve Account, a surety, an unconditional direct pay letter of credit issued by a bank, a reserve account line of credit issued by a bank, or a municipal bond insurance policy issued by a reputable and recognized insurer for the benefit of the Bondholders (herein referred to as a "Reserve Account Credit Facility Substitute") in an amount equal to the difference between the Debt Service Reserve Requirement and the sums then on deposit in the Reserve Account, if any, which Reserve Account Credit Facility v~S*.FORDS~45~os~.OOC.~4~ 49 Res. No. 76-99 Substitute shall be payable (upon the giving of notice as required thereunder) on any Interest Payment Date on which a deficiency exists in the Debt Service Account. In addition, the City, at any time by subsequent proceedings of the Commission, may substitute a Reserve Account Credit Facility Substitute for all or part of the moneys on deposit in the Reserve Account. Under such circumstances, the Reserve Account Credit Facility Substitute, together with cash, if any, or Permitted Investments of such cash, shall be in an amount equal to the Debt Service Reserve Requirement. Such municipal bond insurer or bank, in the case of a letter of credit or line of credit, shall be one whose municipal bond insurance policies or unconditional direct pay letters of credit'or other type of credit enhancement insuring or guaranteeing the payment, when due, of the principal of and interest on municipal bond issues, result in such issues being rated in the highest rating category by any Rating Agency or Agencies then rating the Bonds and the highest rating accorded insurers by A.M. Best & Company, or any comparable service. If a disbursement is made from a Reserve Account Credit Facility Substitute, provided pursuant to this paragraph, the City shall be obligated to reinstate from Non-Ad Valorem Revenues the maximum limits of such Reserve Account Credit Facility Substitute following such disbursement at the time or times required by the issuer of the Reserve Account Credit Facility Substitute or, with the consent of the issuer of the Reserve Account Credit Facility Substitute, to replace such Reserve Account Credit Facility Substitute by depositing into the Reserve Account from the Pledged Revenues as herein provided, funds in the maximum amount originally payable under such Reserve Account Credit Facility Substitute, or any combination of such alternatives. In the event there is more than one Reserve Account Credit Facility Substitute on deposit in the Reserve Account, the City, or the Paying Agent on its behalf, shall be obligated to draw on each on a pro-rata basis. In the event the Reserve Account is funded, both with cash (including Permitted Investments of such cash) and a Reserve Account Credit Facility Substitute in the aforementioned manner, and it wr'~S*.;O.DS=4s~os~.DOC~4~ 50 Res. No. 76-99 is necessary to make payments into the Debt Service Account when the moneys therein are insufficient therefor, the City covenants to deposit the cash (including Permitted Investments on such cash) on deposit in the Reserve Account into the Debt Service Account prior to any disbursements from the Reserve Account Credit Facility Substitute. The City covenants to instruct the Paying Agent to request payment under the Reserve Account Credit Facility Substitute at least three (3) days pdor to the date moneys thereunder will be needed to pay the Bonds. The City may replace any Reserve Account Credit Facility Substitute with cash or another Reserve Account Credit Facility Substitute if the long term rating of the issuer thereof is reduced bel6w that which existed at the time such Reserve Account Credit Facility Substitute was delivered to the City. Whenever there is on deposit in the Reserve Account an amount in excess of the Debt Service Reserve Requirement, the amount of such excess shall be reduced in the following manner: (i) if there is on deposit in the Reserve Account a Reserve Account Credit Facility Substitute, as provided herein, the principal amount thereof shall be reduced by the amount of such excess, and (ii) if there is on deposit therein, cash (including Permitted Investments on such cash), the amount of cash and/or Permitted Investments of such cash in the Reserve Account shall be reduced in an amount equal to such excess. The cash and/or Permitted Investments of such cash so withdrawn under clause (ii) above shall be deposited in the Debt Service Account and used for the purposes provided therein. Subject to the provisions of the Code and the applicable Tax Certificate, all of the income or investment earnings received from the cash on deposit in the Reserve Account shall be deposited, to the extent the Debt Service Reserve Requirement will be maintained after such deposit, in the Debt Service Account and used for the purpose provided therein, as provided in this Resolution. w.~s..Fo.~s=4s~5~os~.~c~=~4~ 51 Res. No. 76-99 Investments of moneys on deposit in the Reserve Account shall be valued at least once each Fiscal Year at the then fair market value of such investments. If a deficiency results from such valuation, the City covenants to replenish, in the manner provided above, the Reserve Account or reinstate the Reserve Account Credit Facility Substitute, as applicable, from Non-Ad Valorem Revenues in the amount of such deficiency by not later than the next valuation date. If it is necessary to deposit moneys from the Reserve Account into the Debt Service Account because of deficiencies therein, the City covenants to replenish, in the manner provided above, the Reserve Account or reinstate the Reserve Account Credit Facility Substitbte, as applicable, from Non-Ad Valorem Revenues by not later than the second business day prior to the next succeeding Interest Payment Date. E. Additional Debt of the City Payable from Non-Ad Valorem Revenues. That the City hereby covenants that in each Fiscal Year, it will not issue non-self-supporting revenue debt of the City payable from its Non-Ad Valorem Revenues unless: (i) the total outstanding maximum annual non-self-supporting revenue debt service, including the non-self supporting revenue debt service on the debt proposed to be issued, does not exceed fifty percent (50%) of the City's gross Non-Ad Valorem Revenues (all legally available Non-Ad Valorem Revenues of the City from whatever source including investment income) of the City received by the City in the test period; and (ii) the net available Non-Ad Valorem Revenues of the City for the test period were at least 1.10 times average annual debt service of all indebtedness of the City payable from its Non-Ad Valorem Revenues including the debt proposed to be issued. As used above, the term "non-self-supporting revenue debt" shall mean all revenue debt obligations in whatever form except such revenue debt obligations which are payable solely from a specific enterprise fund or are otherwise self-liquidating and the term "net available Non-Ad Valorem Revenues" shall mean "gross Non-Ad Valorem Revenues," as defined above, minus costs of operation and maintenance of the City (except any such costs w~,~o~s~45~os;.ooc~4~ 52 Res. No. 76-99 paid from ad valorem taxes) plus 6.7% of the legally available unencumbered cash balances on hand at the end of the most recent Fiscal Year. The term "test period" means the average of the last two preceding Fiscal Years. Except as provided below, for the purpose of calculating average annual debt service on any indebtedness which bears interest at a variable rate, such indebtedness shall be' deemed to bear interest at the greater of (i) 1.25 times the most recently published Bond Buyer Revenue Bond 30-Year Index, or (ii) 1.25 times actual average interest rate during the prior Fiscal Year of the City, or (iii) 6% per annum. If such variable rate indebtedness is to be secured by the'City's covenant to budget and appropriate Non-Ad Valorem Revenues and in lieu of cash, the debt service reserve fund for such indebtedness is funded with a Reserve Account Credit Facility Substitute, such indebtedness shall be deemed to bear interest at the maximum rate. As used above, the term "maximum rate" means the maximum rate of interest such variable rate debt may bear at any particular time, which rate shall not exceed the rate of interest allowed under Florida law and will be determined by the City at the time such variable rate debt is issued. F. Books and Records. That the City will keep books and records of each Fiscal Year of the receipt of its Non-Ad Valorem Revenues in accordance with generally accepted accounting principles for government units, and any Owner or Owners of Bonds issued pursuant to this Resolution shall have the right at all reasonable times to inspect the records, accounts and data of the City relating thereto. The City covenants that within one hundred eighty (180) days of the close of each Fiscal Year it will cause to be prepared and mailed to all Owners who shall have filed their names and addresses with the Finance Director for such purpose a statement setting forth in respect of the preceding Fiscal Year: w.~S~FO.Ds~,~.~/5~os~.~OC~,~ 53 Res. No. 76-99 1. the total amounts deposited to the credit of the Debt Service Fund and the accounts created under the provisions of this Resolution; 2. the principal amount of all Bonds paid, purchased or redeemed; and 3. the amounts on deposit at the end of such Fiscal Year to the credit of the Debt Service Fund and the accounts created under the provisions of this Resolution. G. Remedies. Any Owner of Bonds or any trustee acting for such Owners in the manner hereinafter provided, may either at law or in equity, by suit, action, mandamus or other proceedings in any court of competent jurisdiction, protect and enforce any and all rights under the laws of the State of Florida, or granted and contained in this Resolution, and may enforce and compel the performance of all duties required by this Resolution or by any applicable statutes to be performed by the City or by any officer thereof. The Owner or Owners of Bonds in an aggregate principal amount of not less than fifty one per centum (51%) of Bonds issued under this Resolution then Outstanding may by a duly executed certificate in writing appoint a trustee for Owners of Bonds issued pursuant to this Resolution with authority to represent such Owners in any legal proceedings for the enforcement and protection of the rights of such Owners. Such certificate shall be executed by such Owners or their duly authorized attorneys or representatives, and shall be filed in the office of the City Attorney. Any exercise of a remedy set forth in this Section 4.G shall be subject to the consent of the Credit Facility Issuer, if any, and such Credit Facility Issuer shall have the dght, acting alone, to exercise said remedies as long as it has not defaulted in its obligations under its Credit Facility. Acceleration of the payment of principal of and interest on the Bonds shall not be a remedy available to the Owners of the Bonds. w,~s,~Fo~s~,~.~/sa,,os~.ooc,~,~ 54 Res. No. 76-99 H. Discherge and Satisfaction of Bonds. The covenants, liens and pledges entered into, created or imposed pursuant to this Resolution may be fully discharged and satisfied with respect to the Bonds in anyone or more of the following ways: 1. by paying the principal of and interest on Bonds when the same shall become due and payable; 2. by depositing in the Debt Service Fund or such other funds or accounts which are irrevocably pledged to the payment of the Bonds as the City may hereafter create and establish by proper proceedings moneys which, together with other moneys' lawfully available therefor and deposited therein, if any, shall be sufficient at the time of such deposit to pay the Bonds, the redemption premium, if any, and interest as the same become due on said Bonds on or prior to the redemption date or on the maturity date thereof; or 3. by depositing in the Debt Service Fund or such other funds or accounts which are irrevocably pledged to the payment of the Bonds as the City may hereafter create and establish by proper proceedings moneys which, together with other moneys lawfully available therefor and deposited therein, if any, when invested in Defeasance Obligations will provide moneys which shall be sufficient to pay the Bonds, the redemption premium, if any, and interest as the same shall become due on said Bonds on or prior to their redemption date or on the maturity date thereof. 4. Notwithstanding the foregoing, all references to the discharge and satisfaction of Bonds shall include the discharge of any maturity of the Bonds, any portion of a maturity of the Bonds or any combination thereof. Notwithstanding the foregoing, in the event that the payment or deposit in the amount and manner provided in this Resolution has been made by the Credit Facility Issuer under the terms of the Credit Facility, the Credit Facility Issuer shall be subrogated to the v~S*~O~S~4ss64~I.Doc/~l,~ 55 Res. No. 76-99 rights of the Holders of the Bonds and the liability of the City, with respect thereto, shall not be discharged or extinguished. Upon such payment or deposit in the amount and manner provided in this Section 4.H of Article III of this Resolution, the Bonds shall no longer be deemed to be outstanding for the purposes of this Resolution and all liability of the City with respect to the Bonds shall cease, terminate and be completely discharged and extinguished, and the Owners thereof shall be entitled for payment solely out of the moneys or securities so deposited. Notwithstanding anything contained in this Section 4.H of this Article III to the contrary, the covenants, liens and pledges contained in this Resolution shall not be fully discharged and satisfied until all obligations owed to the provider(s) of the Reserve Account Credit Facility Substitute have been satisfied. I. Rule 15c2-12 Undertaking. That in order to assist the initial purchasers of the Bonds of a series that are subject to the Rule with respect to compliance with such Rule, the City undertakes and agrees to provide the information described below to the persons so indicated. The City's undertaking and agreement set forth in this Section 4.1. shall be for the benefit of the registered owners and Beneficial Owners of the applicable series of Bonds. 1. The City undertakes and agrees to provide to each NRMSIR and to the State of Florida information depository (herein, the "SID") if and when such a SID is created (i) the City general purpose financial statements generally consistent with the financial statements presented in the official statement relating to the subject Bonds (herein the "Official Statement"), and (ii) update of the information conceming the Non-Ad Valorem Revenues set forth in such Official Statement, to the extent such information is not included in the City's general purpose financial statements referred to in clause WPB/SANFORDS/245564/59hS05LDOC/12/14/99 56 Res. No. 76-99 (i) above. The information referred to in clauses (i) and (ii) is herein collectively referred to as the "Annual Information." 2. The Annual Information described in clause (i) of paragraph 1 above in audited form (for as long as the City provides such financial information in audited form) is expected to be available on or before March 31 of each year for the fiscal year ending on the preceding September 30, commencing not less than 90 days after the issuance of each series of Bonds which are subject to the Rule. The Annual Information referred to in clause (i) of paragraph I above in unaudited form (if the audited financial statemehts are not available or if the City no longer provides such financial information in audited form) will be available on or before March 31 for the fiscal year ending on the preceding September 30. The City also agrees to provide the Annual Information to each registered owner and Beneficial Owner of the Bonds who request such information and pays to the City its costs of reproduction and transmission of such Annual Information. The City agrees to provide to each NRMSIR and the SlD, if any, timely notice of its failure to provide the Annual Information. Such notice shall also indicate the reason for such failure and when the City reasonably expects such Annual Information will be available. 3. The Annual Information referred to in clause (i) of paragraph 1 above and presented in the Official Statement will be prepared in accordance with governmental accounting standards promulgated by the Government Accounting Standards Board, as in effect from time to time, as such principles are modified by generally accepted accounting principles, promulgated by the Financial Accounting Standards Board, as in effect from time to time, and such other State mandated accounting principles as in effect from time to time. w.~s~NFo.~s~4s.~s~osl.~oc~4~ 57 Res. No. 76-99 4. If, as authorized by paragraph 6 below, the City's undertaking with respect to paragraph 3 above requires amending, the City undertakes and agrees that the Annual Information described in clause (i) of paragraph 1. above for the fiscal year in which the amendment is made will, to the extent possible, present a comparison between the Annual Information prepared on the basis of the new accounting principles and the Annual Information prepared on the basis of the accounting principles described in paragraph 3 above. The City agrees that such a comparison will, to the extent possible, include a qualitative discussion of the differences in the accounting principles and the impact of the change on the presentation of the Annual Information. 5. The City undertakes and agrees to provide, in a timely manner, to each NRMSIR or to the Municipal Securities Rulemaking Board and to the SlD, if any, notice of the occurrence of any of the following events with respect to the Bonds, if matedah a. principal and interest payment delinquencies; b. non-payment related defaults; c. unscheduled draws on the Reserve Account reflecting financial difficulties; d. unscheduled draws on credit enhancements reflecting financial difficulties; e. substitution of credit or liquidity providers, or their failure to perform; f. adverse tax opinions or events affecting the tax-exempt status of the Bonds; g. modifications to rights of Bondholders; h. Bond calls (other than scheduled mandatory sinking fund redemptions); WPEV"~4~NFORDS~245564/59hB05LDOC/12/14/99 58 Res. No. 76-99 i. defeasances of the Bonds; j. release, substitution, or sale of property securing repayment of the Bonds; and k. rating changes. Notwithstanding the foregoing, notice of the events described in clause h. and i. above need not be given any earlier than the time notice is required to be given to the registered owners of the Bonds. 6. Notwithstanding any other provision of this Resolution to the contrary regardin~g amendments or supplements, the City undertakes and agrees to amend and/or supplement this Section 4.1 (including the amendments referred to in paragraph 4 above) only if: a. The amendment or supplement is made only in connection with a change in circumstances existing at the time the Bonds were originally issued that arises from (i) a change in law, (ii) SEC pronouncements or interpretations, (iii) a judicial decision affecting the Rule or (iv) a change in the nature of the City's operations or the activities that generate Non-Ad Valorem Taxes; b. The City's undertaking, as amended, would have complied with the requirements of the Rule at the time the Bonds were originally issued after taking into account any amendments or interpretations of the Rule, as well as any change in circumstances; and c. The amendment or supplement does not materially impair the interests of the registered owners and Beneficial Owners of the Bonds as determined by Bond Counsel or by a majority of the registered owners of the Bonds. In the event of an amendment or supplement under this Section 4.1, the City shall describe the same in the next report of Annual Information and shall include, as applicable, a narrative explanation of the reason for the amendment or supplement and its impact, if any, on the financial information and operating data being presented in the Annual Information. w.=s~o.os=4s~s,~osl.~oc~=~4~ 59 Res. No. 76-99 7. The City's Undertaking as set forth in this Section 4.1 shall terminate if and when the Bonds are paid or deemed paid within the meaning of Section 4.H. of this Article III. 8. The City acknowledges that its Undertaking pursuant to the Rule set forth in this Section 4.1 is intended to be for the benefit of the registered holders and Beneficial Owners of the Bonds and shall be enforceable by such holders and Beneficial Owners; provided that, the holder's and Beneficial Owners' right to enforce the provisions of this Undertaking shall be limited to a right to obtain specific enforcement of the City's obligations hereunder, and any failure by the City to comply with the provisions of this Undertaking shall not be or constitute a covenant or monetary default with respect to the Bonds under this Resolution. 9. The City reserves the right to satisfy its obligations under this Section 4.1 through agents; and the City may appoint such agents without the necessity of amending this Resolution. The City may also appoint one or more employees of the City to monitor and be responsible for the City's Undertaking hereunder. WP~S~.~ORD~5~/5~05~.OOC/~2/~*~ 60 Res. No. 76-99 ARTICLE IV MISCELLANEOUS PROVISIONS Section 1. MODIFICATION OR AMENDMENT. Except as otherwise provided in Section 4.1 of Article III of this Resolution, no material modification or amendment of this Resolution or of any resolution amendatory thereof or supplemental thereto, may be made without the consent in writing of the Owners of two-thirds or more in principal amount of the Bonds then outstanding affected by such modification or amendment; provided, however, that no modification or amendment shall permit a change in the maturity of such Bonds or a reduction in the' rate of interest thereon, or affecting the unconditional promise of the City to pay the interest of and principal on the Bonds, as the same mature or become due, from the Pledged Revenues, or reduce such percentage of Owners or such Bonds required above for such modification or amendment, without the consent of the Owners of all the Bonds affected by such modification or amendments. In addition to the provisions of Section 4.1 of Article III of this Resolution regarding amendments to the City's Undertaking, this Resolution may be amended, changed, modified and altered without the consent of the Owners of Bonds, (i) to cure any ambiguity, correct or supplement any provision contained herein which may be defective or inconsistent with any other provisions contained herein, (ii) to provide other changes which will not adversely affect the interest of such Owners, (iii) to implement a Credit Facility or a Reserve Account Credit Facility Substitute, (iv) to maintain the exclusion of interest on the Bonds from gross income for federal income tax purposes, (v) to secure or maintain a rating on the Bonds, or (vi) to implement or discontinue a Book-Entry System. For purposes of this Section 1 of Article IV, to the extent the Bonds of a sedes are secured by a Credit Facility and such Bonds are then rated in as high a rating category in which such Bonds were rated at the time of initial issuance and delivery thereof, by the applicable Rating Agency or Agencies, then the consent of the Credit Facility Issuer shall constitute the consent of the Holders of the Bonds provided such Credit Facility Issuer is not in default under the Credit Facility. The City shall provide to S&P, Moody's, and FITCH (with respect to any series of Bonds that are then rated by these entities and such entities so require copies of each amendment) a copy of each amendment to this Resolution. Section 2. PURCHASE OF BONDS. The City may at any time purchase any of the Bonds at prices not greater than the par amount and accrued interest to the date of purchase. If the City shall purchase Term Bonds in excess of the sinking fund requirement for such year such excess of'Term Bonds so purchased shall at the option of the City either be credited on a pro-rata basis over the remaining sinking fund installment dates for such Term Bonds or credited against the following year's installment requirement. Section 3. NOTICES TO CREDIT FACILITY ISSUER. The City shall provide to the Credit Facility Issuer all copies of notices sent or given pursuant to the terms and provisions of this Resolution. Section 4. SEVERABILITY OF INVALID PROVISIONS. If any one or more of the covenants, agreements or provisions of this Resolution should be held contrary to any express provision of law or contrary to the policy of express law, though not expressly prohibited, or against public policy, or shall for any reason whatsoever be held invalid, then such covenants, agreements or provisions shall be null and void and shall be deemed separate from the remaining covenants, agreements or provisions, and shall in no way affect the validity of any of the other provisions of the Resolution or of the Bonds issued hereunder. Section 5. CREDIT FACILITY ISSUER; DEFAULT. Notwithstanding any of the provisions of this Resolution to the contrary, all of the rights of the Credit Facility Issuer granted herein, shall be null and void if the Credit Facility Issuer is in default under the Credit Facility. W"~S~.FO.~S~4S~5~,0S~.~OC~,~ 62 Res. No. 76-99 Section 6. SALE OF BONDS. The Bonds shall be issued and sold at one time, or from time to time, in such manner and at such price or prices consistent with the requirements of this Resolution as the Commission shall hereafter determine by subsequent proceedings. Section 7. PRELIMINARY OFFICIAL STATEMENT. The City is hereby authorized to distribute a preliminary official statement in connection with any series of Bonds to be sold other than on a private placement basis. Prior to such distribution, the Mayor, Vice Mayor, City Manager or Finance Director are each hereby authorized to deem such preliminary official statement relating to the Bonds 'final" within the meaning of the Rule as of its date, except for certain "permitted omissions" as defined therein. Section 8. BOND ANTICIPATION NOTES AND BANK OBLIGATIONS. The City may, if it determines it to be in its best financial interest, issue its bond anticipation notes in order to temporarily finance the costs of any of Projects as provided in this Resolution. The City shall by proper proceedings authorize the issuance and establish the details of such bond anticipation notes pursuant to the provisions of Section 215.431, Florida Statutes, as amended. In connection with such bond anticipation notes, the City is hereby authorized to enter into line of credit agreements, loan agreements or similar arrangements (collectively referred to as "Financing Agreement") with banks or similar financial institutions for the purpose of financing the costs of any Project. The City is authorized to issue one or more bond anticipation notes to such banks or financial institutions to evidence its obligation to repay loans made under such Financing Agreements. The City is further authorized to issue Bonds that do not constitute bond anticipation notes, pursuant to the terms and provisions of this Resolution and subsequent proceedings of the Commission to evidence loans made to the City by banks or similar financial institutions to finance or refinance Projects. w,=s~,FoP, oS~4s~5~,5~.ooo~=~4~ 63 Res. No. 76-99 Section 9. EFFECTIVE DATE. This Resolution shall take effect immediately. CITY OF DELRAY BEACH, FLORIDA - t~e.. De~/~mber 1~4, ~Y9°~9 ATTEST: City ~,lerk. --- / The foregoing resolution is hereby approved by me as to form, language, execution and legal s~this 14th day of Dece_mber, 1999. City Attorney ~ W~S~.FO..DS~4S.~/~05~.~:~ 64 Res. No. 76-99 MEMORANDUM To: City Commission From: David T. Harden, City Manager~ 1 Subject: Proposed $4,000,000 Revenue Note (Communication Equipment) Resolution No. R 76-99 and Resolution No. R 77-99 Date: December 9, 1999 Resolution Number 76-99 authorizes the issuance of Revenue Bonds from time to time. This resolution is the basis for future bond issues and bank notes that will use a covenant to budget and appropriate funding for any debt service due and payable. It sets forth the requirements with respect to terms, payment and disclosure. The security for future financings is a lien on available non-advalorem revenues. Resolution Nur~ber 77-99 authorizes the City to execute a Note Agreement with SunTrust in the amount of $4,000,000 at a rate of 5.0196% for an approximate 15 year term. The note will be issued for the purpose of financing the cost of consultation, design, engineering, construction and equipping of an 800 MHz digital radio system (the "Radio System"). The Finance Department has provided an analysis of bids received and a recommendation to approve the agreement with SunTrust at the lowest bidding rate. The agreement will allow for prepayment at any time without penalty if rates are higher at the time of prepayment and a penalty if rates are lower. The penalty equates to bringing the Bank up to its quoted rate. The agreement will protect the City against rate changes caused by amendments to the tax laws. I concur with their recommendation. c: R.S. O'Connor, Treasurer MEMORANDUM To: David T. Harden, City Manager From: Joseph M. S~ctor of Finance Subject: Proposed $4,000,000 Revenue Note (Communication Equipment) Date: December 9, 1999 Background On December 8, 1999, the City Finance Department received bids for the above referenced financing (the "Note") for the purpose of funding the cost of consultation, design, engineering, construction, and equipping of an 800 MHz digital radio system (the "Radio System"). The terms and specifics of the request for bid are as follows: Term The term of the Note will be approximately 15 years. Security The Note will be secured by a pledge to budget and appropriate on an annual basis the amount of debt service due and payable. The request for proposal is subject to the acknowledgement that the City reserves the right to issue an additional $11,000,000 without Bank approval. Prepayment Provisions/Gross-up Provisions The City asked the banks to bid with and without a "prepayment penalty" as well as with and without a "gross-up provision". The "prepayment penalty" is a fee charged or a premium paid by the City in the event the City chooses to prepay the note. The penalty described by the bidding banks is based upon a formula that basically protects the banks from any loss due to a decrease in the interest rate at the time of prepayment. If the rates are higher at the time of prepayment there would be no prepayment penalty. A "gross-up provision" is a protection for the bank that, in the event of a change in the tax law, the bank would be allowed to increase the rate of the financing to the bank's effective yield. Bid Responses The City received fixed rate responses from First Union, NationsBank, SkyLake State Bank, and SunTrust. (See Attachment A) We asked for rates without penalty and no gross-up language (Option 1), without penalty but with gross-up language (Option 2), with penalty without gross-up language (Option 3), and with penalty with gross-up language (Option 4). We applied the fixed interest rate quotes to the proposed principal payment schedule to compute a total principal and interest cost then added in any legal or out of pocket expenses to be charged by the bank to determine the total cost to the City. (See Attachment B) Recommendation We recommend (Option 3) the fixed rate financing option with the "penalty" language and without the "gross up" language offered by SunTrust. This option offers the lowest rate offered by the bidding banks at a rate of 5.0196%. It allows for prepayment at any time without penalty if rates are higher than 5.0196% at the time of prepayment and with a penalty if rates are lower. The penalty would equate to the difference between the lower rate and the rate on the note. The bid also protects the City against rate changes contingent upon amendments to the tax laws. It should be noted that the cost of prepayment without penalty is approximately $24,000. However, it is not likely that rates will be going down in the near future. Steve Sanford, the City's Bond Counsel, is working on two resolutions with respect to authorizing the issuance of the Note Agreement. These will come under a separate cover. c: R.S. O'Connor, Treasurer RESOLUTION NO. 77-99 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DELRAY BEACH, FLORIDA, AUTHORIZING THE ISSUANCE OF NOT TO EXCEED $4,000,000.00 IN AGGREGATE PRINCIPAL AMOUNT OF REVENUE BONDS, SERIES '1999, OF THE CITY OF DELRAY BEACH, FLORIDA FOR THE PURPOSE OF FINANCING ALL OR A PORTION OF THE COSTS OF A 800 MHZ RADIO SYSTEM AND INCIDENTAL COSTS RELATING THERETO; DETERMINING THE NEED FOR A NEGOTIATED SALE OF SUCH BONDS TO SUNTRUST BANK, SOUTH FLORIDA, N.A.; PROVIDING FOR THE TERMS AND PAYMENT OF SAID REVENUE BONDS, SERIES '1999, AND THE RIGHTS, REMEDIES AND SECURITY OF THE OWNERS THEREOF; MAKING CERTAIN COVENANTS RELATING TO THE ISSUANCE OF SAID REVENUE BONDS, SERIES '1999; APPROVING THE FORM OF AND AUTHORIZING THE EXECUTION OF A LINE OF CREDIT AGREEMENT WITH SUNTRUST BANK, SOUTH FLORIDA, N.A., DESIGNATING THE REVENUE BONDS, SERIES 1999 AS "QUALIFIED TAX-EXEMPT OBLIGATIONS" WITHIN THE MEANING OF SECTION 265(b) OF THE INTERNAL REVENUE CODE OF '1986, AS AMENDED; AUTHORIZING THE PROPER OFFICERS OF THE CITY TO DO ALL OTHER THINGS DEEMED NECESSARY OR ADVISABLE IN CONNECTION WITH THE ISSUANCE OF SAID BONDS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Commission of the City of Delray Beach, Florida (the "City Commission"), hereby determines that it is in the best interest of the City of Delray Beach, Florida (the "City"), to finance the cost of acquiring and implementing a 800 MHz radio system, as further described on Exhibit C attached hereto, together all incidental and necessary costs relating thereto (collectively, the "1999 Project"); and WHEREAS, on this date the City Commission adopted Resolution No. 76-99 (the "Bond Resolution") authorizing the issuance, from time to time, of revenue bonds (the "Bonds") to financial capital projects in the City; and WHEREAS, any capitalized term used in this Resolution and not otherwise defined, shall have the meaning ascribed to such term in the Bond Resolution; and WHEREAS, pursuant to the Bond Resolution each series of Bonds shall be payable solely from the City's covenant contained in the Bond Resolution to budget and appropriate in each Fiscal Year, by bud[iet amendment if necessary, Non-Ad Valorem Revenues and deposit the same in the Debt Service Fund created and established under the Bond Resolution; and WHEREAS, pursuant to the terms and provisions of the Bond Resolution and this Resolution, the City shall issue its first series of Bonds known as "City of Delray Beach, Florida Revenue Bonds, Series 1999" (herein, the "1999 Bonds") to finance the costs of the 1999 Project including the costs of issuing such 1999 Bonds; and WHEREAS, the principal amount of the 1999 Bonds authorized under this Resolution shall not exceed $4,000,000; and Resolation No. 77-99 WHEREAS, the 1999 Bonds shall be secured by a pledge of and lien on the Pledged Revenues; and WHEREAS, City staff has previously solicited bids from qualified lending institutions to provide a line of credit or term loan as the vehicle by which the 1999 Bonds are to be issued and the 1999 Project is to be financed; and WHEREAS, City staff has determined and the City Commission hereby concurs that SunTrust Bank, South Florida, N.A., a national banking association with its designated office in West Palm Beach, Florida (herein, the "Bank") has provided the best overall bid to the City; and WHEREAS, the City Commission hereby finds that in light of present market conditions, the aforementioned bid provided by the Bank, the necessity for the funds in calendar year 1999, and other factors described herein, it would be in the best interest of the City to sell the 1999 Bonds to the Bank on a negotiated basis pursuant to the terms and provisions of the Bond Resolution, this Resolution and that certain Line of Credit Agreement dated as of December 1, 1999 (herein, the'"Agreement") by and between the City and the Bank in substantially the form attached hereto as Exhibit A; and WHEREAS, the City does not expect to issue more than $10,000,000 of its tax-exempt obligations in calendar year 1999, and based upon the advice of its Bond Counsel, the City Commission shall designate the 1999 Bonds as "qualified tax-exempt obligations" within the meaning of Section 265(b) of the Code. NOW, THEREFORE, be it resolved by the City Commission of the City of Delray Beach, Florida, as follows: ARTICLE I STATUTORY AUTHORITY; FINDINGS AND DEFINITIONS SECTION 1.1 AUTHORITY FOR THIS RESOLUTION. This Resolution is adopted pursuant to the provisions of the Charter of the City of Delray Beach, Florida, as amended and supplemented, the Florida Constitution, Chapter 166, Florida Statutes, as amended and supplemented, and other applicable provisions of law (collectively, the "Act") and the authority provided for in the Bond Resolution. SECTION 1.2. FINDINGS. It is hereby ascertained, determined and declared: (a) That the City hereby authorizes that the 1999 Project be financed from all or a part of the proceeds derived from the 1999 Bonds issued pursuant to this Resolution, together with all incidental and necessary costs and expenses associated therewith, as more fully set forth in Section 1.2(d) hereof. (b) That it is necessary to acquire and implement the 1999 Project in order to complete a tri-city radio system between the City, Boca Raton and Boynton Beach and to link the same with the Palm Beach County System and such interconnected system will be in the best economic interest of the City. WPBISANFORD$1245887 /59q704!.DOCI12114/99116787.0101:~O 2 Resolution No. 77-99 (c) That the 1999 Project will serve a valid municipal purpose. (d) That the cost of the 1999 Project shall be deemed to include, but not be limited to, the cost of acquisition, construction, improving, renovating and equipping all or a portion of the 1999 Project, the cost of any real or personal property necessary therefor; administrative expenses; design, engineering and legal expenses; the fees and expenses of Bond Counsel; the fees and reasonable expenses of counsel for the Bank; expenses for estimates of costs; expenses for plans, specifications and licenses; and such other expenses as may be necessary or incidental to the 1999 Project and the issuance of the 1999 Bonds herein authorized. (e) That the principal of and interest on the 1999 Bonds shall be secured solely by the Pledged Revenues and payable from the Non-Ad Valorem Revenues including such pledged revenues provided that the Owner of the 1999 Bonds shall have no lien on the Non-Ad Valorem Revenues until deposited into the Debt Service Fund. The ad valorem taxing power of the City will never be necessary or authorized to pay the principal of and interest on the 1999 Bonds, and the 1999 Bonds issued pursuant to this Resolution shall not constitute a lien upon any other property whatsoever of or in the City. (f) That the City, having previously solicited bids for the sale of the 1999 Bonds, has determined that the best qualified bid for the 1999 Bonds was delivered by the Bank. (g) That the negotiated sale of the 1999 Bonds to the Bank is in the best interest of the City by reason of the nature of and schedule for the completion of the 1999 Project, the aforementioned solicitation of bids and present market conditions. (h) That the Agreement, in the form attached hereto as Exhibit A, is hereby approved, with such omissions, insertions and variations as may be necessary and desirable, as evidenced by the City's execution thereof and the Mayor (or in his absence, the Vice Mayor) and City Clerk are hereby authorized to execute the same on behalf of the City. (i) The City hereby designates the 1999 Bonds to be "qualified tax-exempt obligations" within the meaning of Section 265(b) of the Code. (j) That pursuant to the provisions of the Bond Resolution and this Resolution, the City may issue obligations secured by Pledged Revenues. (I) That any capitalized term not otherwise defined herein, shall have the meaning ascribed to such term in the Bond Resolution. SECTION 1.3 J~. That, in addition to terms defined elsewhere in this Resolution, the following terms shall have the following meanings unless the context otherwise clearly requires: "Bond Counsel" shall mean Greenberg Traufig, P.A. or any other firm of nationally recognized bond counsel selected by the City and acceptable to the Bank. "Bond Resolution" shall mean Resolution No. 76-99, adopted by the City Commission on December 14, 1999, as amended and supplemented. WPB/SANFORDS/245887/59q704!.DOC/12/14/99/I 6787.010000 3 Resolution No. 77-99 "City" shall mean the City of Delray Beach, Flodda, a municipal corporation in the County of Palm Beach, State of Florida, and its successors and assigns. "City Commission" shall mean the duly constituted governing body of the City. "Code" shall mean the Internal Revenue Code of 1986, as amended, the applicable Treasury Regulations promulgated thereunder and any administrative or judicial interpretations of the same published in a form on which the City may rely as a matter of law. "Interest Rate" shall mean the rate of interest on the 1999 Bonds which, when calculated on an actual 360-day year basis consisting of 12 thirty-day months shall be equal to five and one hundred ninety-six ten thousandth percent (5.0196%) per annum. "Maturity Date" shall mean, with respect to the unpaid principal of and interest on the 1999 Bonds, June 1, 2015. "1999 Bo~ds" shall mean the not to exceed $4,000,000.00 aggregate principal amount of Revenue Bonds, Series 1999, authorized by the Bond Resolution and this Resolution. "Owner," "Bondholder" or "registered holder" or any similar term shall mean the Bank or, subject to the provisions of Section 2.4 hereof, any successor registered holder of the 1999 Bonds; provided no Bondholder may be the registered owner of less than $1,000,000 in the aggregate principal amount of the 1999 Bonds. "Paying Agent" shall mean the City's Finance Department or, if the City Commission shall so determine by subsequent proceeding, any bank or trust company and any successor bank or trust company appointed by the City to act as Paying Agent hereunder. "Payment Date" shall mean, with respect to interest on the 1999 Bonds, each June 1 and December 1, commencing June 1, 2000 and with respect to scheduled principal on the 1999 Bonds each June 1, commencing June 1, 2000, and on any date the principal of the 1999 Bonds is optionally prepaid in whole or in part, provided that if such date is not a Business Day, the payment shall be made on the next succeeding Business Day for the period ending on the day prior to such scheduled Payment Date. "Pledged Revenues" shall mean (I) the Non-Ad Valorem Revenues deposited in the Debt Service Fund created and established under the Bond Resolution, (ii) investment income received from the investment of moneys in the Debt Service Fund and accounts established thereunder, other than the escrow deposit trust fund established under a escrow deposit agreement, and (iii) any other moneys deposited in the Debt Service Fund or received by the Paying Agent in connection with the repayment of any Bonds. "Registrar" shall mean the City's Finance Department or, if the City Commission shall so determine by subsequent proceeding, any bank or trust company and any successor bank or trust company appointed by the City to act as Registrar hereunder. "Resolution" shall mean this Resolution as the same may from time to time be amended and supplemented in accordance with the terms hereof. WPB/SANFORD$/2458~7 /59c~704!.DOC/12/14/99 /16787.010000 4 Resolution No. 77-gg "Tax Certificate" shall mean the Arbitrage Certificate of the City executed on the date of initial delivery of the 1999 Bonds. Words importing singular number shall include the plural number and vice versa, as the case may be, and words importing persons shall include firms and corporations. SECTION 1.4 RESOLUTION AND BOND RESOLUTION CONSTITUTE CONTRACT. In consideration of the acceptance of the 1999 Bonds authorized to be issued hereunder by those who shall own the same from time to time, this Resolution and the Bond Resolution shall be deemed to be and shall constitute a contract between the City and the Bondholders and the covenants and agreements herein and therein set forth to be performed by said City shall be for the benefit, protection and secudty of the Bondholders. ARTICLE II AUTHORIZATION, TERMS, EXECUTION AND REGISTRATION OF 1999 BONDS SECTION 2.1 AUTHORIZATION OF 1999 BONDS. Subject and pursuant to the provisions of this Resolution and the Bond Resolution, obligations of the City of Delray Beach, Florida, to be known as "Revenue Bonds, Series 1999" are hereby authorized to be issued in the aggregate principal amount of not exceeding Four Million Dollars ($4,000,000.00) for the purpose of financing the costs of the 1999 Project. SECTION 2.2 DESCRIPTION OF 1999 BONDS. Notwithstanding the form of Bonds set forth in the Bond Resolution, the text of the 1999 Bonds shall be substantially in the form attached hereto as Exhibit B with such omissions, insertions and variations as may be necessary and desirable, as evidenced by the City's execution thereof. The 1999 Bonds (initially issued in one (1) typewritten certificate) shall be dated the date of initial issuance. The 1999 Bonds shall bear interest on the outstanding principal amount of the 1999 Bonds from time to time at the Interest Rate and shall be payable on each Payment Date, commencing June 1, 2000. Principal of the 1999 Bonds shall be payable on each June 1 commencing June 1, 2000, in the amounts set forth below, if $4,000,000.00 in 1999 Bonds are issued. All unpaid principal of the 1999 Bonds and all accrued and unpaid interest on the 1999 Bonds shall be payable on the Maturity Date. The 1999 Bonds shall be issued in registered form. WPB/SANFOI~DS/245887 /59q704!.DOC/12/14/99/16787.010000 5 Resolution No. 77-99 Date Amount June 1,2000 $ 180,000 June 1,2001 175,000 June 1,2002 185,000 June 1,2003 190,000 June 1,2004 200,000 June 1,2005 210,000 June 1,2006 220,000 June 1,2007 240,000 June 1,2008 250,000 June 1,2009 265,000 June 1,2010 275,000 June 1,2011 290,000 June 1,2012 305,000 June 1,2013 320,000 June 1, 2014 340,000 June 1, 2015 (Maturity Date) 355.000 TOTAL $4.000.000 Principal and interest on the 1999 Bonds shall be payable at the office of the Paying Agent (the designated corporate trust office of the Paying Agent if the City's Finance Department is not the Paying Agent). The 1999 Bonds shall be numbered in such manner as may be prescribed by the Registrar. The 1999 Bonds shall be payable, with respect to interest and principal, in any coin or currency of the United States of America which at the time of payment is legal tender for the payment of public and private debts. Subject to the next succeeding paragraphs, the City may prepay the 1999 Bonds in whole or in part, at any time or from time to time, without penalty or premium, by paying to the registered holder all or part of the principal amount of the 1999 Bonds, together with the unpaid interest accrued on the amount of principal so prepaid to the date of such prepayment. Each prepayment shall be made on such date and in such principal amount as shall be specified by the City in a written notice delivered to the registered owner not less than two (2) Business Days pdor thereto. If such prepayment shall be for only a portion of the unpaid principal balance of the 1999 Bonds, the City shall provide in such wdtten notice, which future amortization installments shall be reduced as a result of such prepayment. Notice having been given as aforesaid, the principal amount stated in such notice or the whole thereof, as the case may be, shall become due and payable on the prepayment date stated in such notice; and the amount of principal shall be paid (i) in case the entire unpaid balance of the principal of the 1999 Bonds is to be paid, upon presentation and surrender of the 1999 Bond or 1999 Bonds to the office of the Paying Agent (the designated corporate trust office, if the Paying Agent is not WPB/SANFORDS/245887/59qTO4LDOC/12/14/99/16787.0100DO 6 Resolution No. 77-99 the City's Finance Department), and (ii) in case only part of the unpaid balance of principal of the 1999 Bonds is to be paid, upon presentation of such 1999 Bond or 1999 Bonds at the office of the Paying Agent (the designated corporate trust office, if the Paying Agent is not the City's Finance Department) for notation thereon of the amount of principal then paid or for issuance of a replacement 1999 Bond in the principal amount not redeemed. Partial prepayments shall be credited against future annual sinking fund amounts as so designated by the City in wdting to the Bondholders. Notwithstanding the provisions of clause (ii) above, if all of the 1999 Bonds are registered in the name of the Bank, a partial prepayment may be effected by payment to the Bank of the principal, together with unpaid interest accrued thereon, without surrender of the 1999 Bonds. If, on the prepayment date, funds for the payment of the principal amount to be prepaid, together with unpaid interest accrued thereon, shall not have been provided to the Paying Agent, as above provided, the principal amount of the 1999 Bonds shall continue to be outstanding and to bear interest until payment thereof at the Interest Rate. In connection with any prepayment while the 1999 Bonds are owned by the Bank, the City shall give the Bank not more than ten, and not less than five, Business Days' written notice of any proposed prepayment specifying the prepayment date, the principal amount of the 1999 Bonds to be so prepaid, the installments of principal against which the prepayments shall be credited and the person or persons authorized to notify the Bank of acceptance of the terms of prepayment referred to in the next succeeding sentence. The Bank shall provide oral notice to a person so specified by the City on the second Business Day pdor to the proposed prepayment date of the amount, if any, of the prepayment premium which shall be paid in connection with such proposed prepayment, and if such person so elects, such election of prepayment given by the City shall be irrevocable and the aggregate principal amount of the 1999 Bonds so specified in such notice, together with such accrued interest and any such additional sum payable pursuant to the premium provisions below shall become due and payable on the specified prepayment date. The Bank may, but shall not be obligated to, provide written confirmation of receipt of such election to the City, but any failure of the Bank to provide such confirmation shall not affect the obligation of the City to make such prepayment on the agreed terms. While the 1999 Bonds are owned by the Bank, in the event that the City shall make any optional prepayment as described above, then the City will pay to the Bank, if a positive number, a prepayment premium equal to the amount determined by the Bank to be the amount equal to (X) the present value as of the prepayment date of the payments of principal and interest that would have been received with respect to the portion of the 1999 Bonds being prepaid using a discount rate as of the prepayment date minus (Y) the present value as of the prepayment date of the payments of principal and interest that would have been received with respect to the portion of the 1999 Bonds being prepaid using a discount rate as of the date of original issuance of the 1999 Bonds, with such discount rate in each case being the fixed rate based on quotations obtained by the Bank in its discretion from one or more dealers or other counterparties in the interest rate swap market for an interest rate swap (I) with payment dates coincident (or approximately so) with the Payment Dates hereunder after the date of such occurrence, (ii) with a notional amount equal to the principal amount of the 1999 Bonds scheduled to be outstanding after such date (taking into account the amortization hereof), and (iii) pursuant to which such dealer or other counterparty is the fixed rate payor and the Bank is the floating rate payor at the 30-day London Interbank Offered Rate. WPI¥$ANFORDS/245887/59qTO4!'DOC/12/141ttg/16787'OlO000 7 Resolution No. 77-99 The City understands that the Bank may enter into an interest rate swap agreement in order to preserve the yield anticipated to be earned by the Bank in connection with the 1999 Bonds, although it shall not have any obligation to do so and the obligations of the parties to pay the amounts required under the preceding paragraph shall not be affected thereby. The parties agree that the amount payable under the preceding paragraph is a reasonable pre- estimate of loss and not a penalty. Such amounts are payable for the loss of bargain and payment of such amounts shall not in any way reduce, affect or impair any other obligations of the City under the 1999 Bonds or this Resolution. SECTION 2.3 EXECUTION OF THE 1999 BONDS. The 1999 Bonds shall be executed in the name of the City by the signature of the Mayor or Vice Mayor of the City and its official seal shall be affixed thereto or imprinted or reproduced thereon and attested by the City Clerk. The signatures of the Mayor or Vice Mayor of the City and City Clerk on the 1999 Bonds may be manual or facsimile signatures. In case any one or more of the officers who shall have signed or sealed the 1999 Bonds shall cease to be such officer of the City before the 1999 Bonds so signed and sealed shall have been actually sold and delivered, such 1999 Bonds may nevertheless be sold and delivered as herein provided and may be issued as if the person who signed or sealed such 1999 Bonds had not ceased to hold such office. The 1999 Bonds may be signed and sealed on behalf of the City by such person who at the actual time of the execution of the 1999 Bonds shall hold the proper office, although at the date the 1999 Bonds shall be actually delivered such person may not have held such office or may not have been so authorized. The 1999 Bonds shall bear thereon a certificate of authentication, in the form set forth on Exhibit B attached hereto, executed manually by the Registrar (when the City's Finance Department shall act as Registrar, the certificate of authentication shall be manually executed by the City's Finance Director). Only the 1999 Bonds as shall bear thereon such certificate of authentication shall be entitled to any right or benefit under this Resolution and no 1999 Bonds shall be valid or obligatory for any purpose until such certificate of authentication shall have been duly executed by the Registrar. The certificate of authentication of the Registrar upon the 1999 Bonds executed on behalf of the City shall be conclusive evidence that the 1999 Bonds so authenticated have been duly authenticated and delivered under this Resolution and that the Owner thereof is entitled to the benefits of this Resolution. SECTION2.4 NEGOTIABILITY. REGISTRATION AND CANCELLATION. The Registrar shall keep books for the registration of the 1999 Bonds and for the registration of transfers of the 1999 Bonds. The 1999 Bonds shall be transferable at the option of the registered Owner thereof to an institutional holder, but subject to the prior written approval of the City's Director of Finance (which shall not be unreasonably withheld if the intended transferee provides a suitability letter addressed to the City as to the sophistication of the investor) unless such institutional holder is a bank or trust company, or unless such institutional holder, which is not a bank or trust company, certifies in writing to the City prior to the transfer that it is an accredited investor within the meaning of Rule 501 of the Securities Act of 1933, as amended and supplemented, in which case such approval shall not be required, and upon surrender thereof at the office of the Registrar (the designated corporate trust office of the Registrar if the City's Finance Department is not the Registrar) with a written instrument of transfer satisfactory to the Registrar duly executed by the registered Owner or his duly authorized attorney. Upon the transfer of such 1999 Bond, the City shall issue in the name of the transferee a new 1999 Bond. WPBISANFORDS/245887159ci704!.DOCII2/14199116787.010000 8 Resolution No. 77-99 The City, the Paying Agent and the Registrar shall deem and treat the person in whose name the 1999 Bonds shall be registered upon the books kept by the Registrar as the absolute Owner of such 1999 Bonds, whether such 1999 Bonds shall be overdue or not, for the purpose of receiving payment of, or on account of, the principal of and interest on such 1999 Bonds as the same become due and for all other purposes. All such payments so made to any such Owner or upon his/her order shall be valid and effectual to satisfy and discharge the liability upon such 1999 Bonds to the extent of the sum or sums so paid, and neither the City, the Paying Agent nor the Registrar shall be affected by any notice to the contrary. In all cases in which the privilege of transferring the 1999 Bonds is exercised, the City shall execute and the Registrar shall authenticate and deliver the 1999 Bonds in accordance with the provisions of this Resolution. The 1999 Bonds surrendered in any such transfers shall forthwith be delivered to the Registrar and canceled by the Registrar in the manner provided in this Section. The City or the Registrar (if not the City's Finance Department) may require the payment of a sum sufficient to pay any tax, fee or other governmental charges required to be paid with respect'to such transfer. The 1999 Bonds paid or redeemed, in whole, either at or before maturity, shall be delivered to the Registrar when the payment or redemption is made, and such 1999 Bonds shall thereupon be promptly canceled. The 1999 Bonds so canceled may at any time be destroyed by the Registrar, who shall execute a certificate of destruction in duplicate by the signature of one of its authorized officers describing the 1999 Bonds, and one executed certificate shall be filed with the City and the other executed certificate shall be retained by the Registrar (if not the City's Finance Department). SECTION 2.5 MUTILATED. DESTROYED. STOLEN OR LOST 1999 Bonds. In case any 1999 Bond shall become mutilated, destroyed, stolen or lost, the City shall execute and the Registrar shall authenticate and deliver a new 1999 Bond of like date, maturity and denomination as the 1999 Bond so mutilated, destroyed, stolen or lost; provided that, in the case of any mutilated 1999 Bond, such mutilated 1999 Bond shall first be surrendered to the City and, in the case of any lost, stolen or destroyed 1999 Bond, there shall first be furnished to the City and the Registrar (if not the City's Finance Department) evidence of such loss, theft, or destruction satisfactory to the City and the Registrar, together with indemnity satisfactory to them. In the event the 1999 Bonds shall be about to mature or have matured, instead of issuing a duplicate 1999 Bond, the City may pay the same without surrender thereof. The City and the Registrar (if not the City's Finance Department) may charge the Owner of such 1999 Bond their reasonable fees and expenses in connection with this transaction. Any 1999 Bonds surrendered for replacement shall be canceled in the same manner as provided in Section 2.4 hereof. Any such duplicate 1999 Bond issued pursuant to this Section shall constitute additional contractual obligations on the part of the City, whether or not the lost, stolen or destroyed 1999 Bond be at any time found by anyone, and such duplicate 1999 Bonds shall be entitled to equal proportionate benefits and rights as to lien on the source and security for payment from Pledged Revenues with the 1999 Bond issued hereunder. SECTION 2.6 CONDITIONS FOR ISSUANCE OF THE 1999 BOND~. Prior to the issuance of the 1999 Bonds, the City shall comply with the following conditions: WPB/$ANFORDS1245887 /§gc~?O4!.DOC/J2/14J99/16787.010000 9 Resolution No. 77-99 (a) Deliver to the Bank a fully executed Tax Certificate; and (b) Deliver to the Bank a copy of a completed and executed Form 8038-G to be filed by the City with the Internal Revenue Service; and (c) Deliver to the Bank an opinion of Bond Counsel, satisfactory to the Bank, regarding the due authorization, execution, delivery, validity and enforceability of the 1999 Bonds and the due adoption of this Resolution (enforceability of such instruments may be subject to standard bankruptcy exceptions and the like) and the exclusion of interest on the 1999 Bonds from gross income for federal income tax purposes, that the 1999 Bonds are not specified "private activity bonds" within the meaning of Section 57(a)(5) of the Code and, therefore, the interest on the 1999 Bonds will not be treated as a preference item for purposes of computing the alternative minimum tax imposed by Section 55 of the Code (however, a portion of the interest on the 1999 Bonds owned by corporations may be subject to the federal alternative minimum tax which is based in part on adjusted current earnings). Such opinion shall also state that the 1999 Bonds are "qualified tax-exempt obligations" within the meaning of Section 265(b) of the Code; and (d) Deliver to the Bank an opinion of the City Attorney, satisfactory to the Bank, regarding the due authorization, execution, delivery, validity and enforceability of the 1999 Bonds, the Agreement and the due adoption of this Resolution and the Bond Resolution (enforceability may be subject to standard bankruptcy exceptions and the like); and (e) Deliver to the Bank one or more certificates of the City in form satisfactory to the Bank certifying, among other things, that the City is in compliance with the term of the Bond Resolution. To the extent that the City does not issue all of the $4,000,000.00 in principal amount of 1999 Bonds at the time of initial issuance, the City shall provide written notice to the Bank (signed by the City Manager, Finance Director or Treasurer of the City) of the City's intention to draw additional amounts under the Agreement at least two (2) Business Days prior to the date the City intends to receive the funds. Such notice shall confirm that the City is in compliance with terms and provisions of this Resolution and the Bond Resolution. Such additional amounts drawn under the Agreement shall constitute additional principal amount of 1999 Bonds without any further action required. SECTION 2.7 INCORPORATION OF TERMS OF BOND RESOLUTION; ~ Unless otherwise provided in this Resolution, the terms and provisions of the Bond Resolution applicable to the 1999 Bonds are incorporated herein by reference and such terms shall have the same effect as if expressly stated herein. Notwithstanding the foregoing, the Bank hereby consents to the issuance of one or more additional series of Bonds by the City in an initial principal amount of not exceeding $11,000,000.00 (amortized over a period of not less than ten (10) years) without the necessity for the City to comply with Section 4.E of Article III of the Bond Resolution. WPB /SA NFORDS /2 45887 / 59qTO41.DOC /12/14199 /16 787.01(~O0 lO Resolution No. 77-99 ARTICLE III COVENANTS, FUNDS AND APPLICATION THEREOF SECTION 3.1 1999 BONDS NOT TO BE INDEBTEDNESS OF THE CITY. The 1999 Bonds shall not be or constitute an indebtedness of the City within the meaning of any constitutional, statutory or other limitation of indebtedness, but shall be secured solely by the Pledged Revenues and payable from Non-Ad Valorem Revenues including the Pledged Revenues. No Bondholder shall ever have the right to compel the exercise of the ad valorem taxing power of the City, or taxation in any form of any real property therein, to pay said 1999 Bonds or the interest thereon. The pledge of the Pledged Revenues will not constitute a lien upon any property of the City including any Non-Ad Valorem Revenues which have not been deposited into the Debt Service Fund. SECTION 3.2 3~.J~_OJ~ID~. The lien of the 1999 Bonds on the Pledged Revenues shall be on parity with any of the Bonds issued pursuant to the requirements of the Bond Resolution except as such requirements have been made not applicable by the last sentence of Section 2.7 hereof. SECTION 3.3 1999 BONDS SECURED BY PLEDGE OF PLEDGED REVENUES. From and after the issuance of any of the 1999 Bonds, and continuing until the payment of all 1999 Bonds as to principal and interest, the Pledged Revenues shall continue to be pledged for the prompt payment of principal of and interest on said 1999 Bonds. SECTION 3.4 COVENANTS OF THE CITY. As long as any of the principal of or interest on any of the 1999 Bonds shall be outstanding and unpaid, or until there shall have been set apart in the Debt Service Fund in accordance with Section 4.H of Article III of the Bond Resolution a sum sufficient to pay, when due, the entire principal of the 1999 Bonds remaining unpaid, together with interest accrued and to accrue thereon, the City covenants with the Bondholders as follows: (a) Tax Covenants Relating to the Internal Revenue Code of 1986, as amended. (1) In order to maintain the exclusion from gross income for purposes of federal income taxation of interest on the 1999 Bonds, the City covenants to comply with each requirement of the Code. In furtherance of the covenant contained in the preceding sentence, the City agrees to continually comply with the provisions of the Tax Certificate, as such certificate may be amended from time to time, as a source of guidance for achieving compliance with the Code. (2) The City covenants and agrees with the Bondholders that the City shall not take any action or omit to take any action, which action or omission, if reasonably expected on the date of initial issuance and delivery of the 1999 Bonds, would cause any of the 1999 Bonds to be "private activity bonds" or "arbitrage bonds" within the meaning of Sections 141(a) and 148(a), respectively, of the Code. (3) The City shall make any and all payments required to be made to the United States Department of the Treasury in connection with the 1999 Bonds pursuant to Section 148(f) of the Code. WPBISANFORDS/24.5887/59QTO4!.DOCI12/14199/16787.010000 11 Resolution No. 77-99 (4) Notwithstanding any other provision of this Resolution to the contrary, so long as necessary in order to maintain the exclusion from gross income for purposes of federal income taxation of interest on the 1999 Bonds, the covenants contained in this Section shall survive the payment of the 1999 Bonds and the interest thereon, including any payment or discharge thereof pursuant to Section 4.H of the Bond Resolution. (b) Debt Service Fund. The Debt Service Fund created and established under the Bond Resolution shall constitute a trust fund for the benefit of the Bondholder and shall be held by the City and shall be kept separate and distinct from all other funds of the City, and shall be used only for the purpose and in the manner provided in this Resolution. Notwithstanding the provisions of the next preceding sentence, the City may deposit the Pledged Revenues in a single bank account for the City, provided that adequate accounting procedures are maintained to reflect and control the restricted allocations of the funds on deposit therein for the various purposes of such funds. The designation and establishment of the Debt Service Fund in and by the Bond Resolution shall not be construed to require the establishment of any completely independent self-balancing fund, as such term is commonly defined and used in governmental accounting, but ~ather is intended solely to constitute an allocation of certain revenues of the City for certain purposes and to establish certain priorities for application of such revenues as provided herein. Any excess amounts remaining in the Debt Service Fund after payment has been made on the 1999 Bonds on any Payment Date, may be withdrawn and deposited at the direction of the City to be used for any lawful municipal purpose. Moneys on deposit in the Debt Service Fund may be invested in Permitted Investments as authorized pursuant to the Bond Resolution, provided such investments mature not later than the next succeeding Payment Date. Subject to the terms and provisions of the Code, all income and earnings received from the investment and reinvestment of the moneys on deposit in the Debt Service Fund shall remain on deposit in the Debt Service Fund and be used in the same manner as other moneys on deposit therein. (c) Non-Ad Valorem Revenues. The City will not repeal, amend or modify any resolution or ordinance or take any action within its power to take relating to the imposition and collection of Non-Ad Valorem Revenues in any manner so as to impair or adversely affect in any manner the availability of such Non- Ad Valorem Revenues to pay debt service on the 1999 Bonds as provided herein. (d) Budget and Other Financial Information. The City shall demonstrate in each annual budget that there are sufficient Non-Ad Valorem Revenues to pay the principal of and interest on the 1999 Bonds coming due in such Fiscal Year and to meet the City's other obligations hereunder and under the Bond Resolution. The City shall, upon the request of the Bank, provide the Bank with a copy of its annual budget within thirty (30) days of adoption, a copy of its Comprehensive Annual Financial Report, when available and, upon the request of the Bank, such other financial information regarding the City as the Bank may reasonably request. (e) The City shall comply with the terms of the Bond Resolution. WPB/SANFORDS/245887/59q7041.DOC/12/14/99/16787.010000 12 Resolution No. 77-99 SECTION 3.5 REMEDIES OF BONDHOLDER. Subject to the provisions of Section 4 of the Agreement and the equal rights of any registered owner of Bonds issued pursuant to the provisions of the Bond Resolution, should the City default in any obligation created by this Resolution, the Bondholders may, in addition to any remedy set forth in this Resolution, either at law or in equity, by suit, action, mandamus or other proceeding in any court of competent jurisdiction, protect and enforce any and all fights under the laws of the State of Florida, or granted and contained in this Resolution, and may enforce and compel the performance of all duties required by this Resolution, or by any applicable statutes to be performed by the City or by any officer thereof. The City hereby agrees with the Bondholders that the filing of any bankruptcy or insolvency under any federal or state law by or against the City which is not dismissed with prejudice within thirty (30) days of such filing shall give the Bondholders the right to exercise any of the remedies provided to them under this Section 3.5, and Section 4.G of Article III of the Bond Resolution. Notwithstanding anything in this Section 3.5 to the contrary the Bondholders' right to exercise any remedy permitted hereunder shall be consistent with the rights afforded all registered owners of Bonds issued pursuant to the provisions of the Bond Resolution. SECTION 3.6 APPLICATION OF 1999 BONDS PROCEEDS. The proceeds of the 1999 Bonds shall be used to finance the costs of the 1999 Project. The City may replace all or a portion of the 1999 Project for any other capital project permitted under the Act; provided that Bond Counsel shall first deliver to the City and the Bank an opinion to the effect that such substitution will not adversely affect the exclusion of interest on the 1999 Bonds from gross income for federal income tax purposes and the Bank consents to such substitution. ARTICLE IV MISCELLANEOUS PROVISIONS SECTION 4.1 MODIFICATION OR AMENDMENT. No modification or amendment of this Resolution or of any resolution amendatory thereof or supplemental thereto, may be made without the consent in wdting of all of the Bondholders. SECTION 4.2 ADDITIONAL AUTHORIZATION. The Mayor, the Vice-Mayor, the City Manager, the Finance Director, the Treasurer and any other proper official of the City, be and each of them is hereby authorized and directed to execute and deliver any and all documents and instruments and to do and cause to be done any and all acts and things necessary or proper for carrying out the transactions contemplated by this Resolution. SECTION 4.3 SEVERABILITY OF INVALID PROVISIONS. If any one or more of the covenants, agreements or provisions of this Resolution should be held contrary to any express provision of law or contrary to the policy of express law, though not expressly prohibited, or against public policy, or shall for any reason whatsoever be held invalid, then such covenants, agreements or provisions shall be null and void and shall be deemed separate from the remaining covenants, agreements or provisions, and shall in no way affect the validity of any of the other provisions of this Resolution or of the 1999 Bonds issued hereunder. SECTION 4.4 l~. All resolutions and orders, or parts thereof, in conflict herewith are, to the extent of such conflict, hereby repealed, and this Resolution shall take effect upon its passage in the manner provided by law. In the event of a conflict between the WPB/SANFORDS/245887 /59ci7D41.DOC/12/14/99 /16787.010000 13 Resolution No. 77-99 provisions of this Resolution and the Bond Resolution, the provisions of this Resolution shall control. SECTION 4.5 EFFECTIVE DATE. This Resolution shall be effective immediately upon its adoption. PASSED AND ADOPTED IN regular session on this 14"~ day of December, 1999. THE CITY OF DELRAY BEACH, FLORIDA A'I-I'EST: ~,/~ By: City clerk/J / The foregoing resolution and the form of 1999 Bond therein contained are hereby approved by me as to form, language and exec~o~is 14~h day of DecemberL.1999. City Attorney ~ WPB/SANFORDS/245887/59q704!.DOC/12/I 4/99/I 6787.010(300 14 Resolution No. 77-99 EXHIBIT A LINE OF CREDIT AGREEMENT Dated as of December 1, 1999 WHEREAS, SunTrust, South Florida, N.A. (the "Bank"), has offered to make a closed- end line of credit (the "Line of Credit') available to the City of Delray Beach, Florida (the "City"), in the principal amount of not exceeding $4,000,000.00 under which the City may, from time to time, make drawings; and WHEREAS, the City of Commission of the City of Delray Beach, Florida on December 14, 1999, adopted Resolution No. 76-99 and 77-99 (collectively, the "1999 Bond Resolution") authorizing the issuance of not exceeding in aggregate principal amount of City of Delray Beach, Florida Revenue Bonds, Series 1999 (the "1999 Bonds") which 1999 Bonds shall represent the City's obligation to reimburse the Bank for drawings made under the Line of Credit; and WHEREAS, the City and the Bank find it necessary to enter into this Agreement, to acknowledge the terms and provisions of the 1999 Bond Resolution adopted by the City and the extension of the Line of Credit by the Bank. NOW THEREFORE, the City and the Bank hereby agree as follows: 1. That the Bank shall make immediately available to the City, pursuant to the terms and provisions of the 1999 Bond Resolution, the Line of Credit in an aggregate principal amount of not exceeding $4,000,000.00, which shall be available to the City in one drawing prior to January 1, 2000. 2. That the Line of Credit shall expire on January 31, 2000. The outstanding principal amount of the drawing with interest thereon, shall become due and payable in accordance with the terms and provisions of the 1999 Bond Resolution. 3. That the Bank hereby accepts the terms and conditions set forth in the 1999 Bond Resolution applicable to the Line of Credit. 4. The City and the Bank, for mutual consideration, each acknowledged to be received by the other party hereto, mutually and willingly waive the right to a thai by a jury in connection with any and all claims by any party hereto against the other arising from or in connection with the transactions contemplated by this Agreement or the 1999 Bond Resolution. WPB/$ANFORD$/245887/59QTO4!.DOC/12/14/99/16787.0100(X) A-1 Resolution No. 77-99 5. The Bank represents to the City that it is not purchasing the 1999 Bonds with a view to distributing the 1999 Bonds; provided, however, that the Bank, in its sole discretion, shall be permitted to assign or participate all or a portion of the 1999 Bonds to any other financial institution or accredited investor (subject to the requirements of Section 2.4 of Resolution No. 77-99). SUNTRUST BANK, SOUTH FLORIDA, N.A. By:. Title:. Date: December ,1999 (SEAL) CITY OF DELRAY BEACH, FLORIDA By: Title:. Dated: December ,1999 Attest City Clerk WPB/SANFORD$/24.5887/$9clTO4!.DOCI12/14/99/16787.010000 A-2 Resolution No. 77-99 EXHIBIT B FORM OF 1999 BOND No. R; $ UNITED STATES OF AMERICA STATE OF FLORIDA CITY OF DELRAY BEACH, FLORIDA REVENUE BOND, SERIES 1999 Interest Rate Maturity_ Date ~ % June 1, 2015 December ,1999 REGISTERED OWNER: ....................... [NAME OF BANK] PRINCIPAL AMOUNT: ........ FOUR MILLION DOLLARS ($4,000,000). KNOW ALL MEN BY THESE PRESENTS, that the City of Delray Beach (the 'City") in Palm Beach County, Florida, for value received, hereby promises to pay from the sources herein mentioned, to the Registered Owner specified above or registered assigns on the Maturity Date specified above or earlier upon mandatory prepayment as provided below, upon the presentation and surrender hereof at the City's Finance Department or (if so determined by the City) the designated trust office of the bank or trust company appointed by the City to act as paying agent (said City's Finance Department or such bank or trust company and any bank or trust company becoming successor paying agent being herein called the 'Paying Agent"), the Principal Amount stated above with interest thereon at the Interest Rate specified above in the manner provided in the Bond Resolution) calculated on the basis of a 360-day year of twelve (12) thirty-day months, on each Payment Date in the manner specified in the within described Resolution to the registered owner. The Principal Amount and accrued interest thereon is payable in any coin or currency of the United States of America, which, on the date of payment thereof, shall be legal tender for the payment of public and private debts. This Bond is authorized to be issued in a principal amount of $4,000,000.00 under the authority of and in full compliance with the Constitution and statutes of the State of Florida, including, particularly, Chapter 166, Florida Statutes, as amended and supplemented, the Charter of the City of Delray Beach, Florida, as amended and supplemented, and other applicable provisions of law (the 'Act"), and Resolution Nos. 76-99 and 77-99, both duly adopted on December 14, 1999 (collectively, the 'Bond Resolution"), as such resolutions may be further amended and supplemented from time to time, and is subject to all terms and conditions of said resolution. Any term used in this Bond and not otherwise defined, shall have the meaning ascribed to such term in the Bond Resolution. WPB/$ANFORDSI245887/59clTO4!.DOClI2/14/99/16787.010000 B-1 Resolution No. 77-99 It is hereby certified and recited that all acts, conditions and things required to exist, to happen, and to be performed, precedent to and in the issuance of this Bond exist, have happened and have been performed in regular and due form and time as required by the Laws and Constitution of the State of Florida and the Charter of the City applicable thereto, and that the issuance of this Bond, is in full compliance with all constitutional or statutory limitations or provisions. This Bond shall not be valid or become obligatory for any purpose or be entitled to any security or benefit under the Bond Resolution until the certificate of authentication hereon shall have been signed by an authorized officer of the Registrar. This Bond shall bear interest at the Interest Rate stated above. Interest shall be payable on June 1, 2000, and each December 1 and June 1 thereafter and principal on the Bonds shall be payable each June 1 commencing June 1, 2000 in the amounts set forth below as such amounts may be adjusted as provided in the Bond Resolution until the outstanding principal of the Bonds have been paid; provided that if such date is not a Business Day, the payment shall be made on the next succeeding Business Day (each a "Payment Date"). The principal of and interest on the Bonds shall be secured solely by the Pledged Revenues (as defined in the Bond Resolution), and payable from the Non-Ad Valorem Revenues (as such term is defined in the Bond Resolution) including the Pledged Revenues, all in the manner provided in the Bond Resolution. Date Amount June 1, 2000 $ 180,000 June 1, 2001 175,000 June 1, 2002 185,000 June 1, 2003 190,000 June 1, 2004 200,000 June 1, 2005 210,000 June 1, 2006 220,000 June 1, 2007 240,000 June 1, 2008 250,000 June I 2009 265,000 June 1 2010 275,000 June 1 2011 290,000 June 1 2012 305,000 June 1 2013 320,000 June I 2014 340,000 June 1, 2015 (Maturity Date) 355.000 TOTAL S4.000.000 Subject to the terms and provisions of the Section 2.2 of Resolution No. 77-99 of the City, if this Bond is owned by the Bank, the City may prepay this Bond in whole or in part, at any time or from time to time, without penalty or premium, by paying to the registered holder all or WPB/SANFORDS/24,5887/59qTO41.DOCI12114/99116787.010000 B-2 Resolution No. 77-99 part of the principal amount of this Bond, together with the unpaid interest accrued on the amount of principal so prepaid to the date of such prepayment. Each prepayment shall be made on such date and in such principal amount as shall be specified by the City in a wdtten notice delivered to the registered owner not less than two (2) Business Days prior thereto. Notice having been given as aforesaid, the principal amount stated in such notice or the whole thereof, as the case may be, shall become due and payable on the prepayment date stated in such notice; and the amount of principal shall be paid (i) in case the entire unpaid balance of the principal of this Bond is to be paid, upon presentation and surrender of the Bond to the office of the Paying Agent (designated corporate trust office, if the Paying Agent is not the City's Finance Department), and (ii) in case only part of the unpaid balance of principal of this Bond is to be paid, upon presentation of such Bond at the office of the Paying Agent (designated corporate trust office, if the Paying Agent is not the City's Finance Department) for notation thereon of the amount of principal then paid or for issuance of a replacement Bond in the principal amount not redeemed. Partial prepayments shall be credited against future annual sinking fund amounts as so designated by the City in wdting to the owner of this Bond. Notwithstanding the provisions of clause (ii) above, if all of the Bonds are registered in the name of the BaRk, a partial prepayment may be effected by payment to the Bank of the principal amount to be redeemed without surrender of this Bond. If, on the prepayment date, funds for the payment of the principal amount to be prepaid, together with unpaid interest accrued thereon, shall not have been provided to the Paying Agent, as above provided, the principal amount of this Bond shall continue to be outstanding and to bear interest until payment thereof at the Interest Rate provided for herein. This Bond shall not be and shall not constitute an indebtedness of the City within the meaning of any constitutional, statutory, charter or other limitations of indebtedness but shall be secured solely by the Pledged Revenues and payable from the Non-Ad Valorem Revenues which includes the Pledged Revenues. No Holder of this Bond shall ever have the right to compel the exercise of ad valorem taxing power of the City, or taxation in any form of any real property therein to pay the Bond or the interest thereon. No holder shall have a lien on any Non-Ad Valorem Revenues until deposited into the Debt Service Fund created and established under the Bond Resolution. The terms and provisions of the Bond Resolution are incorporated in this Bond as though such terms and provisions have been set out in full herein. IN WITNESS WHEREOF, the City of Delray Beach, Florida, has caused this Bond to be signed by its Mayor, either manually or with his facsimile signature, and the seal of the City Commission of the City of Delray Beach, Florida, to be affixed hereto or imprinted or reproduced hereon, and attested by the Clerk of the City, either manually or with her facsimile signature, and this Bond to be dated the Dated Date set forth above. (SEAL) CITY OF DELRAY BEACH, FLORIDA ATTEST: By: Mayor By:. Clerk of the City of Delray Beach, Florida WPBISANFORDS/245887/59clTO4LDOC/12/14J99116787.010000 B-3 Resolution No. 77-99 FORM OF CERTIFICATE OF AUTHENTICATION Date of Authentication: December ,1999 This Bond is the Bond delivered pursuant to the within mentioned Resolution. CITY OF DELRAY BEACH Finance Department, as Registrar By:, Authorized Officer WPB/$ANFORD$1245887/59q?O4!.DOCI12/14,199/16787.010000 B-4 Resolution No. 77-99 ASSIGNMENT FOR VALUE RECEIVED the undersigned sells, assigns and transfers unto (please print or typewrite name, address and tax identification number of assignee) the within Bond and all rights thereunder, and hereby irrevocably constitutes and appoints , Attorney to transfer the within Bond on the books kept for registration thereof, with full power of substitution in the premises. Dated: Signature Guaranteed: In the presence of: NOTICE: The signature to this assignment must correspond with the name as written upon the face of the within Bond in every particular, without alteration or enlargement, or any change whatever. WPB/SANFORDS1245887/59q704!.DOCI12/14199116787.010000 B-5 Resolution No. 77-99 EXHIBIT C 1999 Project (1) 800 MHz digital radio system consisting of a backbone system as well as subscriber units. The backbone radio system contains the 800 MHz infrastructure, console control electronics, dispatch consoles and related furniture. The subscriber units include portables, mobiles, control stations, consoles and console electronics. (2) Engineering, design, labor, contingency and costs of issuing 1999 Bonds. WPBISANFORD$/245887159clTO4!.DOCI12/14/99116787.010000 C'1 Resolution No. 77-99 [ITY OF DELRI:IY BEI:I[H CiTY ATTORNEY'S OFFICE TELEPHONE 56t/243-7090. FACSIMILE 561/278-4755 DELRAY BEACH Writer's Direct Line: 561/243-7091 Ali.America City_ DATE: December 8, 1999 1993 TO: City Commission FROM: Susan A. Ruby, City Attorney SUBJECT: Haynes v. City of Delray Beach, et al. This is an old case that due to some extraneous circumstances, was not totally resolved despite the City's approval of a settlement in the case. The case involves a lawsuit filed based on an arrest for resisting with violence that stemmed from a violation of a City ordinance dealing with the burning of trash. The City Commission approved as settlement in this case in the amount of $75,000.00 in 1995. The original attorney for the Haynes was to secure releases from the Haynes, but the releases were not obtained. The City filed a Motion to Compel Settlement in October 1995 and again in 1997. The Haynes, however, still did not execute the releases. The Haynes original attorney apparently had some medical problems, discontinued the practice of law, and his whereabouts were for a long time unknown. The Haynes were then unrepresented for a period of time. At this time there is another attorney representing the Haynes. This attorney filed a Motion for Relief from Settlement which was denied by the court on November 10, 1999. The current attorney for the Haynes has now presented a settlement offer of $95,000.00 to settle this matter in lieu of filing an appeal. The City still retains the $75,000.00; however, an order is pending that once entered would permit the City to deposit that $75,000.00 in the Court Registry. The Court's rulings have confirmed the settlement as originally approved by the City Commission. The chances of a successful appeal are unlikely, especially since the Memo to City Commission December 8, 1999 Page 2 original orders confirming settlement were never appealed timely. Our office would therefore recommend a denial of the $95,000.00 offer of settlement at this time. By copy of this memo to David Harden, our office requests that this settlement matter be placed on the City Commission's December 14, 1999 agenda. cc: David Harden, City Manager Alison Harty, City Clerk