01-11-05 Agenda Special
CITY COMMISSION
CITY OF DELRAY BEACH.. FLORIDA
SPECIAL/WORKSHOP - TUESDAY, JANUARY 11.. 2005
6:00 P.M. FIRST FLOOR CONFERENCE ROOM
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The City will furnish appropriate auxiliary aids and services where necessary to afford an individual
with a disability an equal opportunity to participate in and enjoy the benefits of a service, program,
or activity conducted by the City. Contact Doug Randolph at 243-7127, 24 hours prior to the
program or activity in order for the City to reasonably accommodate your request. Adaptive
listening devices are available for meetings in the Commission Chambers.
SPECIAL MEETING AGENDA
Pursuant to Section 3.12 of the Charter of the City of Delray Beach, Mayor Jeff Perlman has
instructed me to announce a Special Meeting of the City Commission to be held for the following
purposes:
1. AUTHORIZATION FOR SUPERVISOR OF ELECTIONS TO HANDLE/
CANVASS ABSENTEE AND PROVISIONAL BALLOTS AND REPRESENT
THE CITY AT LOGIC AND ACCURACY TESTS FOR THE FIRST NON-
PARTISAN ELECTION: Authorize the Palm Beach County Supervisor of Elections to
handle and canvass the City's absentee and provisional ballots for the March 8, 2005
First Non-Partisan Election, and represent the City at the requisite Logic and Accuracy
tests.
2. JOINT VENTURE/SPECIAL EVENT CHARGES: Consider a request from the Joint
Venture to adjust charges for City services and overtime for Special Events.
3. CONTRACT CANCELLATIONIDAYTECH MANUFACTURING.. INC.: Consider
authorizing the cancellation of the contract with Daytech Manufacturing, Inc. for the
construction and installation of bus shelters and authorize staff to re-bid the project.
WORK.'tHOP AGENDA
1. The Shefa Fund Presentation, Jeffrey Dekro, President and Annetta Jenkins, Director of
Palm Beach County Local Initiatives Support Corporation (LISC)
2. Site Plan Presentation for the Boy Scout Hut Park, Mike Carey, Kimley-Hom
3. Site Plan Presentation for Lake Ida Park, Jose Aguila, Currie Sowards Aguila
4. Proposed Fireworks Resolution
5. Commission Comments
...............................................................................
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.
MEMORANDUM
SUBJECT:
MAYOR AND CITY COMMISSIONERS
CITY MANAGERtJlv'\
AGENDA ITEM # Sf - i-SPECIAL MEETING OF JANUARY 11.. 2005
AUTHORIZATION FOR SUPERVISOR OF ELECTIONS TO
HANDLE/CANVASS ABSENTEE/PROVISIONAL BALLOTS AND
REPRESENT THE CITY AT LOGIC & ACCURACY TESTS FOR THE
FIRST NON-PARTISAN ELECTION
TO:
FROM:
DATE:
JANUARY 7, 2005
This is before the City Commission to authorize Arthur Anderson, Palm Beach County Supervisor of
Elections, to handle the City's absentee/provisional ballots for the March 8, 2005, First Non-Partisan
Election. Mr. Anderson's office is equipped with a computerized system for monitoring ballot
requests, distributions, accounting for unreturned ballots, as well as electronic signature verification.
He will also insure that the absentee ballots are held in safekeeping prior to canvassing. The
Supervisor of Elections should also be authorized to represent the City at the canvassing of the
absentee ballots.
It is further recommended that Mr. Anderson be designated to represent the City's canvassing board
at the logic and accuracy (L&A) testing of the electronic tabulating equipment. The L&A tests will be
conducted on Monday, February 18, 2005 at 3:00 p.m. at the Supervisor of Elections Office, 240
South Military Trail, West Palm Beach, for the March 8th, First Non-Partisan Election, as well as on
election day both before and after counting of the ballots.
Recommend authorizing the Supervisor of Elections for Palm Beach County to handle/canvass the
City's absentee/provisional ballots for the March 8, 2005, First Non-Partisan Election, and designate
him as the City's representative at the requisite logic and accuracy tests.
S:\City Clerk\Elections 2005\Auth. Supervisor of Elections. March 2005
0/<
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MYDELRAYBEACH.COM
City of Delray Beach
Administrative Services Memorandum
TO: David T. Harden, City Manager
FROM: fPRObert A. Barcinski, Assistant City Manager
SUBJECT: Agenda Item City Commission Meeting January 11, 2005 Joint Venture
Request to Adjust Charges for City Services and Overtime for Special
Events
DATE:
January 5, 2005
Action:
City Commission is requested to consider a request from the Downtown Joint
Venture to establish a separate charge category for events sponsored by the Joint
Venture.
Backaround:
Since we initiated Special Event Policies and Procedures in 2003 the Joint Venture
has been charged as a non-profit for city services. Although the Joint Venture itself
is not a non-profit its member organizations are. (CRA, DDA and Chamber of
Commerce) The events sponsored directly by the Joint Venture are the Art and
Jazz's on the Avenue and Summer Nights. By separate agreements, they also
assist the city with the Fourth of July, Holiday Tree and other holiday promotions,
and First Night.
Under the new policies and procedures which take effect as of 1/01/05 the charges
for an Art and Jazz would increase by about 80% per event. As an example the
charges for the December Art and Jazz were $8,222.85. Based on previous policies
the first $5,000 was exempt from charges and they paid the city 50%> of the balance
or $1,611.43. Under the new policies the first $1,000 will be exempt and the
charges will be 400/0 of the balance or $2,889.14. The Joint Venture produces these
events at break even (no profit) for the purpose of promoting the Downtown and for
economic development and benefit. For these reasons they are requesting
consideration in reducing charges for city services and overtime.
S:\Administrative Services\SHARED\Agenda Item Joint Venture.doc
5f>. ~
I have been advised by Ms. Ferrer and Mr. Wood that if we cannot make
adjustments in the charges then they will have to cut back on the number of Art and
Jazz's and Summer Night's produced. Currently there are five Art and Jazz events
in a calendar year, six Summer Nights, and the Hot Air Balloon Glow and Race.
If Commission is willing to consider this request four options are offered for review
and direction:
1. City Agree to be a cosponsor for these events in which case there would be
no charge to the Joint Venture for city services and overtime.
2. Include City Boards and their affiliates in the same category as city sponsored
events, in which case again there would be no charge for city services and
overtime.
3. Establish a new category for charges in the policies and procedures for
events sponsored by City Boards or their affiliates. I would suggest 50% of
the charges set forth in the 1/01/05 Policies and Procedures for Non Profits.
See attached schedule.
Or
4. Enter into a separate contract with the Joint Venture for production and
promotion of the Art and Jazz and Summer Night events like we do for the
Fourth of July, Holiday Tree and First Night with duties and responsibilities
spelled out in the agreement and with charges for city services levied at 50%
of the charges (same charges as option 3 above) for non profits in the 1/01/05
Policies and Procedures.
Under options 3 and 4 based on the December costs for Art and Jazz the Joint
Venture would pay the city $1,644.53 or about the same amount they are now
paying.
Staff Recommendations:
I would recommend consideration of option 3 or 4 and prefer option 4 (a separate
agreement) versus setting up a new category for payment of city services and
overtime as part of the Special Event Policies and Procedures.
RAB/kep
S:\Administrative Services\SHARED\Agenda Item Joint Venture. doc
Proposed Charges City Boards or Their Affiliates
Option 3
Minor Event (Under $1,000)
Years 1-2 No charges
Years 3-5 25% of cost
After Year 5 50% of cost
Intermediate Event
Years 1-2 No charges
Years 3-5 No charge first $1,000; 10%) for amount over $1,000
After Year 5 No charge first $1,000; 20%) for amount over $1,000
Maior Event (Over $10,000)
Years 1-2
Years 3-5
After Year 5
No charges
First $1,000 exempt; 15% of balance
$10,000-19,999
$20,000-29,999
$30,000-39,999
$40,000-49,999
Over $50,000
First $1,000 exempt; 180/0 of balance
First $1,000 exempt; 20% of balance
First $1,000 exempt; 250/0 of balance
First $1,000 exempt; 300/0 of balance
First $1,000 exempt; 33% of balance
S:\Administrative Services\SHARED\Agenda Item Joint Venture.doc
Page I of 1
Barcinski, Robert
From: Bill Wood [bwood@delraybeach.com]
Sent: Thursday, January 06,2005 10:54 AM
To: Barcinski, Robert
Subject: Joint Venture - use this one
Bill Wood
Greater Delray Beach Chamber of Commerce
561-279-1380 x 14 I Fax 561-278-0555
visIt us at our web page - \Y..¥f.Y{ !k!r-ªyþ...Çacb.LÇ.Qffi
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1/6/2005
Joint Venture Downtown Economic Development Efforts
1993 - 2005
The Joint Venture was created with the philosophy that by stimulating activity we could develop
Delray Beach's downtown as a destination and thereby encourage a healthy business climate. The
Joint Venture would produce / provide opportunities with the City and other organizations, that would
"bring people to the downtown" to shop, eat, live and play.
The Play part has been tightly focused on the 5 Art & jazz events, the Summer Nights events, which
showcase different geographic locations within the downtown, and since the 2000 Millennium
Program, the Hot Air Balloon Glow.
The original partnership created in 1993 with the City as well as the funding agencies that support the
JV, has been that the city would invest in the partnership of the JV by donating $6,500 to each of the
Art & jazz events, mainly in staff time, but also in product, muscle and guidance. The Joint Venture
paid expenses over that amount. This policy changed in 2003 with the city covering the first $5,000 of
each Art & Jazz and the Joint Venture paying 50% of the expenses over that amount, keeping Joint
Venture expenses at a similar level to that which was originally envisioned. The new 2005 special
events policy's structure for sharing of expense with the city will almost double our expense. The
Summer Nights events are a similar structure with the in-kind value capped at $7,500 for the multiple
events. The Balloon Festival has not been a part of this partnership; however, while we are
discontinuing the "Balloon Festival" we are continuing the "Balloon Glow" portion that takes part in
our downtown, east of the intracoastal. This activity continues to meet our objectives of bringing
people to the downtown to shop, eat, live and play.
Expenses of the above listed activities are narrowly covered by sponsorship dollars and our merchant
partners who contribute to the event expenses as a part of the ongoing marketing program for
downtown. Of course, staffing and administrative expense are covered by the 3 partners - CRA, DDA
and Chamber of Commerce. The Joint Venture exists, as it was created, to be the promotional arm of
Delray Beach downtown, with 2 of the 3 partners being taxing districts. Our resources are finite and
every effort continues to be made to control costs.
We hope you will consider a separate agreement for these events, mirroring the existing July 4th,
Holiday Tree and First Night events the Joint Venture conducts for the City.
We should also note the Joint Venture does not plan to add any other annual events, only to improve
and expand the current events to newly redeveloped areas of downtown. Other continuing efforts will
be made with community groups and their events such as Roots, Multicultural Festival, Tennis events,
conferences and other special events as requested by the City staff.
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[ITY DF DELAAY BEA[H
CITY ATTORNEY'S OFFICE
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AHnBIcaClly
" III!
200 NW 1st AVENUE · DELRAY BEACH, FLORIDA 33444
TELEPHONE 561/243-7090 · FACSIMILE 561/278-4755
Writer's Direct Line: 561/243-7091
MEMORANDUM
1993
DATE:
January 6, 2005
TO: City Commission
David Harden, City ManaQ..er
~ ..rv-. --.c--
FROM: Brian Shutt, Assistant City Attorney
SUBJECT: Cancellation of Contract with Davtech Manufacturinq. Inc.
The City entered into a contract with Daytech Manufacturing, Inc. in February 2004
for the construction and installation of approximately 47 bus shelters. The contract
essentially consisted of 2 parts; the first part concerned the construction of the
concrete base while the second part concerned the installation of the bus shelter
on the concrete base. Daytech has yet to begin performance on the contract.
Prior to the holidays Daytech informed the City that it was having great difficulty in
obtaining a local subcontractor to perform the concrete work and that it would still
like to perform the bus shelter fabrication part of the contract but not the concrete
portion. After several discussions with Daytech personnel and the president of
Daytech's parent company it was learned that Daytech was essentially insolvent
and that the parent company, is now in bankruptcy and attempting to reorganize
under new ownership. Daytech indicated that it would attempt to honor the
contracts of its subsidiary (Daytech Inc.), however they further indicated they
would not be able to honor the concrete portion of the City's contract.
At this time, given the uncertainty of Daytech being willing and or able to fulfill its
obligations under the contract and the need to install bus shelters in the City, we
are requesting that the Commission cancel the contract with Daytech and
authorize staff to re-bid this project.
Our office requests that this item be placed on the January 11, 2005 City
Commission agenda. Please call if you have any questions.
cc: Chevelle Nubin, City Clerk
Richard Hasko, Director of Environmental Services
Scott Aronson, Parking Mgmt. Specialist
SP.3
MEMORANDUM
SUBJECT:
MAYOR AND CITY COMMISSIONERS
CITY MANAGER ~
AGENDA ITEM # WS·1.. - SPECIAL MEETING OF JANUARY 11.. 2005
THE SHEFA FUND
TO:
FROM:
DATE:
JANUARY 7, 2005
The Shefa Fund will be discussing a possible collaboration aimed at establishing a revolving loan fund
for affordable single-family mortgages. Attached, please find background information on The Shefa
Fund, together with a staff overview of their proposal.
S: \City Clerk \ agenda memos \ The Shefa FundOt.tt.05
Community
Improvement
Memo
From:
David Harden, City Manager
Lula Buijer, Director, Community Improveme~
January 7, 2005
The Shefa Fund/South Florida TZEDEC Initiative
To:
Date:
Re:
I have reviewed the information provided on the Shefa Fund Program and their decision to
invest in South Florida, with $600,000 proposed for homeownership opportunities in Delray
Beach. This is an excellent opportunity to expand the affordable housing initiative, increase
the number of low and moderate income families that are able to become homeowners and
further the revitalization efforts in the established Community Development Block Grant area.
According to what I've read, TZEDEC works to fight poverty by increasing the flow of
affordable capital to low-income communities and provides innovative ways for American
Jews to pursue economic justice. The program pools funding from local sources under the
direction of a local advisory committee then re-invests these funds in a diverse portfolio of
community lenders within the local area. It provides investors with a $1 match for every $5 of
private investment dollars, which actually increases the amount of money that would be
available to the targeted neighborhoods.
Staff believes the Shefa Fund/South Florida TZEDEC Initiative will work in harmony with the
City's goals to facilitate homeownership opportunities for low-income households and
revitalization efforts with minimum impact on staff resources.
We are pleased that this initiative is considering Delray Beach.
LB:DQ
8459 Ridge Avenue
Philadelphia, PA 19128-2119
telephone (215) 483-4004
fax (215) 483-4429
email info@shefafund.org
web www.shefafund.org
The,S
t!ft,
The Shefa Fund is a public foundation established in 1988 to encourage American Jews to use their
tzedakahlcharitable resources to create a more just society and, in the process, to transform Jewish life so that it
becomes more socially conscious and spiritually invigorating. Shefa provides a range of progressive tzedakah
programs including shareholder engagement, low-income community investing, socially responsible
grantmaking and funder education. Money and resources are powerful tools for change. The Shefa Fund draws
on centuries of Jewish teachings and combines them with contemporary principles of social responsibility to guide
the way we understand and use money. We call this the "Torah of Money," and it informs everything we do. Our
goal is to implement throughout American Jewish life the highest degree oftzedakah, which we define as
partnership and investment, not merely charity.
Shareholder En2a2ement
The Shefa Fund has created the Jewish Shareholder Engagement Network (JSEN) to organize Jewish institutions to
actively cast the proxy votes that come with their equity holdings in corporations. Proxy voting can further an
institution's mission, protect its assets and help produce sustainable social change. Each year, Shefa researches
shareholder resolutions and makes recommendations to the Network about voting. There are ten institutions in
JSEN with combined equity holdings of over $1.4 billion.
Communitv Investin2 - TZEDEC
TZEDEC (Tzedek/"Justice" Economic Development Campaign) brings Jewish investments to low-income
communities. By providing education, technical assistance and by operating loan funds, TZEDEC builds wealth in
communities often neglected by mainstream financial institutions.
TZEDEC enables federations, synagogues, family foundations and individuals to invest Jewishly in community-
based banks, loan funds and credit unions. These "community development financial institutions" (CDFIs)
in turn lend money for housing, business development, worker retraining, childcare and other social services.
TZEDEC has catalyzed $16 million in American Jewish investments since its launch in 1997.
Socially Responsible Grantmakin2 - Donor Advised and Pooled Funds
The Shefa Fund makes grants to the most effective, innovative projects in four areas of interest:
Economic Justice, Social Justice, Middle East Peace and Transforming American Jewish Life. Shefa
has distributed, in partnership with Jewish funders, more than $17 million for grants and managed projects since
1988.
Our donor advised giving program provides customized advisory and administrative services to funders of
$5,000 or more. Acting as a tzedakah "bank," Shefa receives charitable contributions of cash and securities for
future distribution as grants in accordance with funder recommendations. We offer donor advisors carefully
researched grantmaking briefings, analyses for progressive Jewish funders of organizations doing the most
effective work in our areas of interest. Donor advisors receive maximum available tax benefits.
Pooled funds enable smaller sum funders to pool their contributions for specific funding priorities.
Shefa currently operates a pooled fund for Jewish Community Activism on Lesbian, Gay, Bisexual and
Transgender Issues, the only fund of its kind.
Resources
The Shefa Fund provides workshops to synagogues, Jewish organizations and individuals. We published the book
Jews, Money & Social Responsibility: Developing a UTorah of Money" for Contemporary Life and two organizing
manuals, Building Community, Creating Justice: A Guide for Organizing Tzedakah Collectives and The Highest
Degree of Tzedakah.
8/19/04
8459 Ridge Avenue
Second Floor
Philadelphia, PA 19128-2119
telephone (215) 483-4004
fax (21 5) 483-4429
email info@shefafund.org
web www.shefafund.org
West Coast Office
2433 Main Street, Suite C
Santa Monica, CA 90405
telephone (310) 450-3390
fax (310) 450-2390
'i7
Board of Directors
Jeffrey Dekro
President
Philadelphia. PA
Steve Fahrer
Chair
New York. NY
Alan Kosansky
Treasurer
Philadelphia. PA
Brian Gaines
Secretary
Washington, DC
Reena Bernards
Chevy Chase, MD
Debby Bussel
Miiami. FL
Debbie Fleischaker
Santa Fe. NM
Simon Greer
New York. NY
Mindy Hersh
Miami. FL
Judith Obermayer
Boston. MA
Robert Pierson
Baltimore, MD
Gail Pressberg
Waltham. MA
Avi Rose
Oakland. CA
Abby Sher
Santa Monica, CA
Sarah Silverman
New York. NY
Daniel Solomon
Washington. DC
James G. Steiker
Philadelphia. PA
~~
What is TZEDEC?
TZEDEC works to fight poverty by increasing the flow of affordable capital to low-income
communities and by providing innovative ways for American Jews to pursue economic justice.
TZEDEC educates and organizes the American Jewish community - including synagogues,
foundations, and federations - to participate in community investing, a powerful and effective
tzedakah strategy that provides investment capital for low-income neighborhoods. Community
investing typically involves loans and deposits to community development financial institutions
(CDFls) - community banks, crtJdit unions & loan funds that serve today's low-income
communities in much the same way that Hebrew free loans societies served the immigrant
Jewish community. Through TZEDEC, the Jewish community can now make loans to support
these critical activities.
Since its inception in 1997, TZEDEC has organized more than $16 million from the Jewish
community to help people in low-income neighborhoods help themselves. TZEDEC has local
community loan funds operating in Baltimore, Washington, DC and Los Angeles; initiatives are
underway in Boston, Philadelphia, and South Florida.
What is the South Florida TZEDEC Initiative?
The South Florida TZEDEC Initiative is the most effective proqram for American Jews and
Jewish institutions to join together - across institutional and denominational boundaries - to
help build healthy cities and neighborhoods throughout South Florida.
A key component of the South Florida TZEDEC Initiative includes the creation of the South
Florida TZEDEC Community Fund (FL- TCF). Using a "mutual fund" model to channel capital
into low-income communities, FL- TCF will pool loans from local Jewish sources: federations,
family foundations and businesses, synagogues, individuals and others. Working closely
with a local advisory committee, TZEDEC will then re-invest these funds in a diverse portfolio of
community lenders throughout Falm Beach, Broward and Miami-Dade counties. FL-TCF
investors will receive semi-annual interest payments; after a specified term, investors will
have the option of reinvesting their funds in FL- TCF or recovering their principal.
Through its challenge loan funds, TZEDEC will also match investments made in FL-TCF. Every $5 in
FL- TCF investments will be enhanced by $1 from TZEDEC, thereby increasing the dollars available
for South Florida's low-income neighborhoods.
What TZEDEC Investments Support
,/ Mortgages for first-time home buyers; creation and rehabilitation of affordable
housing
,/ Child care facilities, job training programs and other social services
,/ Small business creation and expansion
,/ Financial services to low-income households and local businesses
,/ Technical assistance and credit counseling
ADVANCING JEWISH SOCIAL RESPONSIBILITY THROUGH
GRANTMAKING, INVESTING AND EDUCATION
Over, please 7
Page 2
Benefits of the South Florida TZEDEC Initiative
~ Impact. TZEDEC'S pooled investment strategy will benefit local Jewish investors and
community lenders by bringing investments to scale to achieve greater impact in low-
income communities and extending the reach of Jewish philanthropic dollars.
Additionally, investment in FL-TCF will be enhanced by TZEDEC'S matching funds.
~ Increased Leverage. By lending to lenders, funds may be used multiple times to finance
several community projects throughout the term of the loan.
~ Administrative Convenience. TZEDEC will provide research, technical support and portfolio
management to FL- TCF investors.
~ Proven Success. FL-TCF will be served by TZEDEC'S skilled staff, which draws on solid
research and experience to implement successful TZEDEC initiatives around the country.
» Outreach. Investing in FL-TCF inspires Jews, attracting unaffiliated funders to Jewish
life, and offering opportunities for local involvement.
» Community Building. The South Florida TZEDEC Initiative will create a coherent Jewish
communal presence in South Florida's community economic development community.
~ National Momentum. Through the South Florida TZEDEC Initiative, the South Florida
Jewish community will become a partner and leader in the nation's growing Jewish
community investment movement, led by The Shefa Fund's TZEDEC initiative.
Why Jews should get involved in TZEDEC
Jewish Values: TZEDEC fulfills Judaism's tzedakah teachings, which emphasize partnership
and investment as the highest form of charity.
Jewish Identitv: TZEDEC'S social justice mission energizes Jews and attracts unaffiliated
Jewish activists and funders to Jewish life.
Jewish Historv: Community lenders continue the self-help tradition of the Hebrew Free Loan
Societies, which helped Jews create wealth in the early 20th century. In cities where Jews
flourished through self-help networks, today low-income people are trying to apply similar self-
help strategies.
Jewish Needs: Community development remains critical today to low-income, elderly and
immigrant Jews, among others, to rebuild lives and strengthen communities.
For more information, contact Amanda Joseph, TZEDEC Director, at:
(215) 483-4004 x 210 or ajoseph@shefafund.org.
10/15/04
8459 Ridge Avenue
Philadelphia, PA 19128-2119
telephone (215) 483-4004
fax (215) 483-4429
emaif info@shefafund.org
web www.shefafund.org
..TJte SÞ!I~' i1
TZEDEC: Investing in Communities.. Pursuing Justice
The Shefa Fund's Tzaik/Justice Economic Development Campaign (TzEDEC) is an innovative movement
in the American Jewish community to improve the lives of people in poverty by encouraging Jewish
investments in low-income communities. TzEDEC helps American Jews and their organizations - including
synagogues, foundations, and federations - invest a portion of their assets in O>mmunity Development
Financial Institutions (CDFIs). Since its inception in 1997, TzEDEC has catalyzed $16 million to help
people in low-income neighborhoods help themselves.
What is a CDFI?
A community development financial institution, or CDFI, is a financial intennediaty whose primary mission
is to meet the needs of low-income communities that have not been adequately seIVed by traditional
financial institutions. ffiFIs have work.P.d in this market niche for decades, seeking to link as many
unconventional borrowers and investees as possible to the economic mainstream. They are market-driven,
locally-controlled organizations that focus on a dual social and financial bottom line. There are currendy
ffiFls working in every- state, with more than 800 CDFIs controlling $8.2 billion in total. These include
community development credit unions, conununity development loan funds, conununity development
banks, conununity development venture capital funds and microenterprise loan funds.
Where Do CDFls Invest?
· Affordable Housing Developers th~t construct and rehabilitate homes affordable to low-income
families;
· Small Businesses - often women- and minority-owned - dedicated to bringing quality employment
opportunities and needed services to economically disadvantaged communities;
· Community Facilities providing childcare, healthcare, education, training, art, and social services in
marginalized conununities;
· Microentetprises - very- small-scale businesses - run by enterprising individuals and families in low-
mcome areas;
· Individuals who need affordable credit to buy a home or to purchase basic consumer goods
such as beds for a new home or a used car to get to a new job.
In addition to providing access to credit, CDFIs offer financial guidance and other technical assistance
to their customers, whether a nonprofit organization assessing the purchase of a new building or a
microentrepreneur learning to manage cash flow.
CDFI Impact
A recent sutVey conducted by the National O>mmunity Û1.pital Association of 52 high pedonning æFIs
that had invested almost $2 billion in low-wealth conununities found impressive social
returns on their investment:
· More than 100,000 jobs created or supported in more than 10,000 businesses. Two-thirds of those
jobs provide additional income for low..income families.
· 100,000 homes affordable to low-income families constructed or rehabilitated.
· 1,830 community service facilities- childcare centers, health clinics, educational centers, and arts and
pedonnance- built or renovated in low-income conununities.
Over, please
Why Invest in CDFIs?
A Way To Think About" Below Market"
CDmmunity Investment
When you make a $20
donation:
When you place $1,000
in a community
investment at 3%:
From The Calvert Foundation
Across the US, low-income individuals and the
organizations that serve this population are being
turned away from banks. The capital gap in low-
income neighborhoods is one factor contributing
to the growing economic inequality in the world's
most prosperous nation. CDFIs provide the tools
that enable economically disadvantaged
individuals and communities to become self-
sufficient stakeholders in their own future. They
rebuild distressed economies by enhancing the
ability of socially- minded and entrepreneurial
people to build bridges to the economic
mainstream for themselves and their
neighborhoods .
What Have TZEDEc-Supported CDFIs Achieved?
The following are three leading CDFIs in which TzEDEC has invested:
The Washington Area Community Investment Fund, Inc. (WACIF) is a lending intermediary
dedicated to bridging social investments and pennanent capital with community and economic
development opportunities in the Washington, DC metropolitan area. Since inception, W AOF has
loaned more than $7.2 million, representing over 1,325 units of affordable housing for low-income
families and fourteen community-based facilities leveraging $58 million of public/private financing,
and assisting 119 community organizations.
Self-Help Credit Union is a community development lender that has provided over $1.6 billion in
financing to over 23,000 home buyers, small businesses and nonprofits since 1980. Self-Help
reaches people who are underserved by conventional lenders- particularly minorities, women, rural
residents, and low-wealth families. In many cases, Self-Help's lending and advocacy efforts have
benefited people and communities both in North Carolina and nationwide.
The Leviticus 25:23 Fund is a community development revolving loan fund that provides credit to
community based organizations/small businesses in New York, New Jersey, and Connecticut. Their
borrowers fall into one of three categories: non-profit affordable housing builders, child-care centers
that serve at least 500/0 low-income individuals, or minority- and women-owned businesses in search
of start-up capital or funds for expansion. Since 1983, Leviticus Fund has extended loans totaling
$5.5 million to over 75 community development borrowers.
For more infonnation about investing in or contributing to TZEDEc, please contact the
Shefa Fund at (215) 483-4004 or email us at info(à)shefafund.org.
Sources: The Calvert Foundation; "fiFIs: Bridges Between Capital and CDmmunities in Need," a pamphlet published by the National CDmmunityCapital Association;
The fiFI CDalition; The Leviticus 25:23 Fund; Self-Help Oedit Union; "2001 Report on Socially Responsible Investing Trends in the United States," a report byThe
Social Investment Forum; Washington Area CDmmunity Investment Fund.
6/30/2004
____.____The~~, i7
South Frorida: TzEDEC
Initiat'ive
Investing in Cummunities, Pursuing Justice
October 2004
V, ·
,'ISIOn:
....~--.....-«
TZEDJ:C enhances the
Jewish community's role
as a philanthropic leader
committed to the future
of South Florida.
1
2
1
What is TZEDEC?
The only national Jewish program that
provides affordable credit to
low- and moderate-income communities
nationwide.
What does TZEDEC do?
· TZEDEC educates Jews about our
traditions and values regarding wealth and
resources.
· TZEDEC oraanizes Jewish financial
resources for investment in urban low-
income neighborhoods nationwide.
· TZEDEC lends these funds to community
development lenders.
.,
"
3
4
2
Proposed South Florida TZEDEC
Financial Goal:
$3.6 million for community
development investment from
the South Florida Jewish
community over four years.
5
'1
ì, Community Investing is Jewish
..-----.,,"'.........--/---.
· Maimonides' "Highest Degree of
Tzedakah"
· American Jewish historical experience:
Hebrew Free Loan Societies
· Strong record of Jewish involvement in
social and economic justice work
6
3
~
TZEDEC'S National Impact
· Catalyzed $16 million for low-income
community lending - and growing
· TZEDEC's loan fund is $3.8 million and
growing with more than $.5 million in
committed loans
· TZEDEC Community Initiatives are
operational in Baltimore/ Washington/ DC and
Los Angeles
· Lending initiatives underway in Boston/
Philadelphia and South Florida
7
TZEDEC City Initiatives
""----~....."'-.....-_-
· Baltimore: $1 million organized; $262,000 invested
· Boston: $280,000 invested
· Los Angeles: $500,000 organized/invested in first round; second
round ($500,000) underway
· Philadelphia: $250,000 to be invested by early 2005
· South Florida: Dual initiatives underway
. South Florida overall $500,000 - $1 million
. Delray Beach homeownership initiative $600,000
· Washington, D.C.: $1.3 million organized
8
4
TZEDEC's Pooled Lending Model
Jewish
institutional
and ~
~.....
individual
investors
Local low-
~ income
~..... community
lenders
~
= loans (recoverable)
= interest and principal
repayments (if not granted)
~.....
9
Why South Florida TZEDEC?
1. Economic need in South Florida's low-
income neighborhoods.
2. Effective, unGer-financed low-income
community lenders.
3. Jewish communal interest in lending as
innovative philanthropyjtzedakah.
4. Substantial Jewish communal resources for
investment in community development.
10
5
~
,
...1.
Economic Need
in South Florida
.. 40°10 of Florida's unemployed are now in Miami-
Dade, Broward and Palm Beach counties.
.. 32°10 of Miami residents live in poverty, a greater
percentage than in any other large US city.
.. In 2001-2002, 59.5°10 of Miami-Dade school district students
lived in poverty.
.. Miami's inner city home-ownership rate is 50°10 lower than
the national average.
.. In the West Palm Beach-Boca Raton market, a person making
minimum wage would need to work 99 hours a week to
afford a one-bedroom apartment.
Sources: 2000 Census Data, U5C, www.fIoridacdc.org
11
.2. A Proven Solution: CDFls
-------,...-<-~ --,
A community development financial
institution, or CDFI, is a
· bank,
· credit union or
· loan fund
CDFls provide capital and financial services in low-
income communities not adequately served by
traditional financial institutions.
12
6
4. Jewish Communal Resources
· Federations and Jewish community foundations
· Private family foundations
· Corporate foundations
· Synagogue and organizational endowments
· High net-worth individuals
17
South Florida TZEDEC Fund
Jewish
Federations
~
Jewish
Community ~
Foundations
Jewish Family .-..
Foundations
Synagogues ~
/
Individuals
~SoutH~~Flâfì~~~
.. 4 I "c ~ f""~;:{, ..i,,-1~,}w~~~~i.
,,~ ~"" TZEDEC~"'~
:'. : .~.;JI. .-Iø..; ··':.~r:,,~~~~ ~=:.
: :': :'L.eCi bŸ·~':löèàì·.t~(
." Tzedec AdŸiso'ry~~
. Committee,. . .
South Florida ..'
,TZEDÊC will: ,"
'educate, organize
and pool loans .
for reinvestment in
local low-income
cc'TImunities.
End
Borrowers
Include:
~
.-.
~
~
.-.
~
-'1 Local I~
CDFI ~
· First-time
homeowners
· Affordable
housing
developers
· Small
Businesses
· Childcare
centers
· Others
18
9
~
"
.. Costs: Grants vs. ~~ans
~._....~~. .~~'~'.., ~ ,,:~~I:';.'::I":::!\ .n.........-*"Io"£.......aA!'..,.~.r·m·Si...,,.^M:a!iG~·:;-JIIð.,
~..~'"I;f.-=..~ "~ t.!~:--...:.=t¡ \.."~lf.J:.~ ":'10;':.. -:'~4, !:.tlCl,.TF.f; .~!'.~.~.~!;:;,:: : .=";: .f.VIf~.'~;:l.-~"'f:- Y';;'t~· ~ .
:¡..~~tjf.~~ ·Jw;· ~;h·::~·;·· :.:.);~ ~:;F··::·..J:·:;~~·: .:~ 't/~::~ (.j'::.~.:;:: .~ a'~d\~~IÝ th~'ti: :';.:~":"
"....., 1..\..·~.1.·.·.: en YOU' mal\.c : ::0:-:"- .... ;.. :...)~:-: .':~ ~,.:,:~.. -: ¡ . . .... . . .~ '. ....... '¡':. . .
~·G''''':·:;'·('~f·'¡'';'~r ~! . . ".: .··.~y·ougive..;··."(~:~.'··..·:$20!OOO·.noesto·.:····
'. . rants '.-' a'$20 000 :~.' ..' .'. "; ;. : .' ~.. . '. , .::11. . ..
h··:;.-;,.í~"~~."": ;' ¡': .~. ,to .Ib" . t·· ~. :......, .:¡ $~O,~oø~.. 'i.< .:.:~ ...;~ Xf.o.rk "t)"¢lplng peC?pl.~:
).{...;r·.::~6:..l~_~ :.c~fI..n µ 101).' .;.-.....:.-... .,( ,:·.:t·....:- ~:.:.·d::ir1 t~ec'ò·mmÜnity. .:!.
f~¡ f:::'~ .', -.; ·f..- ~:: :~,.;.:~ ;:> - . ,1::.. ¡. . _:~ - .).:-~.~;:~;);< : ·'1:~::~ !:~~~:~~~~f
'\; . . _¡Whe~'Yº,UJ:r~aK~. - ~ yoi:Fmay,'fòrgo': " ¡- $- .1 OOÖ 000 goes
-'. '" ."' - · a $1·000 000 I , ," . . . I -.,] . J ""
~lžQáns ",";;- t., :1/ ". '4:. :, t$~O;QO<O' , ~ ','. 'T,tctsupport,your .
':":~'<">'" .,. " <. ¡ ZE~~Ç .o,an,~''"'" :'''¡''(rél~tÏ\ìe to·'a30f0-CD) :::missioÍ1:and: is .
" '. 1 1%'Interest, . ':. '- -- '-/: , .:' ','. ',". ,"'
',¡ " .....'" .,~ ·r :' , --¡',recoverab,e.
; - ~: - ~; ,
Concept based on The Calvert Foundation
19
Shefa's "Value-Added"
· Inclusive Jewish communal initiative - crosses
institutional and denominational boundaries
· National industry leaders
· Track record/expertise
· Primary line of business/existing infrastructure
· Active relationships with key funders, local
community leaders and community lenders
· Only national Jewish presence in the social
investment i nd ustry
· "Torah of Money" philosophy/educational capacity
20
10
Benefits to the South Florida
Jewish Community
· Attracts young funders not currently affiliated with
mainstream Jewish community.
· Recruits new funders and family foundations
interested in community investing.
· Demonstrates visible and ongoing Jewish
community commitment to South Florida.
· Supports and develops healthy local economy and
neighborhood infrastructure, including those of
particular concern to the Jewish community.
· Enhances South Florida Jewish community's profile
as national leader.
21
". The Federation's ~~Ie in TZEDEC
Federation participation is critical to
the success of South Florida TZEDEC.
Federations play unique philanthropic
roles in South Florida as leaders,
brokers, conveners and
fu nders/i nvestors.
22
11
'}
Proposed Federation Participation
· Financial participation which could include
a mix of grants and loans.
· Collaboration with other Jewish
institutions and foundations to attract
investment and promote program.
· Coordinated program plaraning and
implementation of TZEDEC.
23
Ihe .iami Htratb
SUNDAY, NOVEMBER 2,2004
Several local Jewish organizations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
have invested an initial $1.8 million to ......................................
rebuild South Florida's economically .....................................
distressed communities. Working in ~=
cooperation with The Shefa Fund's ................. ........ ...... .......
national TZEDEC program. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Jewish community launches
$3.6 million loan fund for
South Florida neighborhoods
.................... -....................................................
.. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. . .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. .. ..
............................................................................ ..........................................................................
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Representatives of the Tzedec
Economic Development
Fund/Shefa Fund of
Ph ijade1þhiaj Pennsylvania,
saw first-hand the benefit of
investing in \f\/ACIF during a
tour of WAC I F-funded projects
in the Columbia Heights area. Tour participants.
Following the tour, Tzedec
renewed its $126,000 investment in WAC IF for a period of three
years.
Transportation for the tour was provided by Shirlington Limousine, a
company located at the Washington Reagan National Airport that
received a WAC I F grant under the September 11 th Small Business
Assistance Program. WACIF managed the program for two years,
providing nearly a million dollars in loans and grants to small
business owners who suffered financial loss due to the closing of
the airport following the September 11, 2001, terrorist attacks.
Martin MeHatt. director.
Community Development
Support Collaborative; Donna
Grigsby; Daniel Solomon,
Shefa Fund 8j)<;1rd member:
Amanda Joseph, Tzedec
Director, the Shefa Fund; and
Karen Korn Herron, Shefa
Fund Board member, outside
of 1435 Meridian Place" which
was rehab¡¡Hat~d with WACIF
funds.
The Shefa Fund
8459 Ridge Avenue
Phila., PA 19128-2119
(215) 483-4004
info@shefafund.org
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8459 Ridge Avenue V !) 1GI1' i7
Philadelphia. PA 19128 .
(215) 483-4004
info@shefafund.org
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a Better World
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The She fa Fund TZEDEC Economic
Development Fund
Mission
The Shefa Fund i~ a national public
foundation that educates and cncourages
American Je\V~ and Jl'wish in~ti111tion<; to
examine their relationship to money and
jmtin' in the context of Jewish valul·s.
Through grantmaking, investing, uutreadl
and education, Shda motivates and orga-
nizl's Jewi..h individuals. organizations anù
(oundations to U"C ITSOtllTl'~ to build com-
munity and lo~ter justÍl'e, thereby
strengthening and enriching Jewish life.
Shefa's TZt'dt'k/"Justice" Economic Devel-
opment Campaign (TzElJrc) provide~ a way
for individual ami institutional investors to
invest in projects that help create afford-
a~le housing, good jobs and community
facilities to revitalize low-income commu-
nities. TZEDEC seeks to improve the finan-
cial infrastructure of the~e communities by
making investments in community devel-
opment financial institutions (CDFls) -
banks. credit uniom and loan funds whose
primary mission is to link 10w-innmlc
people to the economic mainstream,
Programs
TZEJ>EC t'1.IITently operates three loan programs:
The National TZEDE(. Challenge Pool
(NTCP) makes loans and ùeposits in na-
tional intermediaries that support CDFIs
across the collntry. The NTCP also makes
challenge investmcnts in cities that have
TZEDF.C initiativt.,s.
The Local TZI;l)(:c Chalkngc Fund (LTCF)
milkcs çhallenge invl'stments in cities spec-
Hied by the invl'<;tor. whcn' local TZEDEC
campaigns are unùerway.
The Washington. DC TZEJ>£(. Community
Fund (DC-TCF) makes loans to organiza-
tion~ for projecls that provide housing.
jobs. and community fadlities for low-in-
come people in tht.' \Vashington, DC met-
ropolitan area. Shdil intend~ tÔ en.'ate sim-
ilar funds for Bo~toJl and Los Angeles in
2002-2003.
Investing with TZEDEC
On behalf of our clienl~, Trillium As<;et
Management Corporation madc its first in-
vestment with TZEDEC in 1999. TZEDEC
is pleascd to invest funds on behalf of peo-
ple of all faiths and encourages invest-
ments.of at least $18.000 and c1 length of
at least 3 years.
Impact
Community loan funds and credit unions
acros~ the country depend on national
CDFI organizatiolls to help ~uppJy lending
capital to meet the needs of Imv-income
borrowers. Shefa was th~ first Jewish insti-
tutional investor in two national CDFI or...
ganizations, and these investments are
now supporting projects as diverse as com-
munity renewal in rural Wyoming and a
school banking and financial education
program in Brooklyn, NY.
When the Washington, DC Jewish com-
munity sought a way to assist its low-in-
come neighbors in improving their neigh-
borhoods. Shefa created DC- TCF to pool
and manage community investments. The
fund's most recent loan is $252,000 in the
Community Facilities Fund. a new vent UTI.'
to provide financing and technical assis-
tance to help health clinics, day care cen-
ters, arts programs and other nonprofit so-
cial service providers maintain and up-
gradl' their facilities.
The fund's portfolio also includes a loan to
Shiloh of Alexandria. a volumeer-run.
church-based credil union serving a pri-
marily African-American neighborhood in
Alexandria. Virginia. With Shefa's loan,
Shiloh has improved its ability to provide
small-sum loans to start businesses, reduce
debt, and help many of its members start
their first savings accollnt~.
Shda is now organizing similar high-impm.1
community investmcnt iniliatives in Baltimore,
Bo~ton, Los Angeles and South Florida.
-Randy Rice
11 ?!.!!JH!:!!t!!;{! !JJ
l'rWI!!1f! J!:;:;E!t Þl~!fJ!!gE!fl!E!f!t
Community
Investment
Profi leTM *
Geographic Impact:
Nationat
Lending Focus:
TZEDEC lends to COFls engaged in
housing. community development and/
or business lending activities
Special Interests:
Low-income communities
Financial Indicators
AS of June .30. 2001
Consolidated/audited-The Shefa
Fund and the TlEDEC Economic
Developemnt Fund (TED F)
Total Assets:
Total Liabilities:
Revenue:
Expenses:
Sl6.172.490
$1.986.252
$1.278.379
Sl,25 7 .091
TZEDEC (TEDF) Portfolio
As of December 31.2001 (unaudIted)
Portfolio
Loan Loss Reserves:
Sl.268.360
S63.418
"Based upon the Community
Investment Profites information
service of Catvert Sodal Investment
Foundation (not meant as
investment advice). For a database
of 66 CDn Profiles, visit:
www.calvertfoundation.org
For more information about the
Catvert Community Investment
facility, call 800-248-0337.
i~~·:;:·;;~'~·.·-):~: .~ ':::. >. ~'.- -. -
.'~: {'-liii;~ ~t·M.triagem;n1 Corporalión-111 Atlantiè Avenue, BoslOn MA 021 n 617.423.6655
"~(~:i ;;'_RfPr~~lo~.in'~ny form is p~ohibiled without permission of Ihe publisher. The Shefa Fund
>~,.,,\§?~:'~;<::~kf,,!~,(>'t:::W:; "/-:, ':::.:: ' -'... , 8459 Ridge Avenue
Phila.. PA 19128-2119
9
Spring 2002
Jewish Foundation Promotes Community Development
by Mark Thomsen
Jewish individuals and organizations are supporting communities through
investments in community development financial institutions.
A Jewish foundation is helping boost community investing by encouraging
American Jews and to invest in community development financial
institutions (CDFIs). TZEDçC, the community investment program of The
Shefa Fund, is spearheading an effort to educate Jewish organizations
about the financial returns and social impact of community investing. The
Shefa Fund is a national public foundation that, in addition to running
TZEDEC, makes grants that support social justice, Middle East peace and
the Jewish community.
Since the program's inception in 1997, TZEDEC has catalyzed more than
$10.25 million in investments in CDFIs for the purpose of low-income
community development. This total includes both funds organized through
TZEDEC's loan funds and funds invested directly in CDFIs by Jewish
organizations and individuals.
"CDFIs continue the self-help tradition of the Hebrew Free Loan Societies,
which helped American Jews create wealth and gain access to capital in
the 19th and 20th centuries," said Amanda Joseph, Director of TZEDEC.
TZEDEC manages nearly $2 million in assets through the TZEDEC
Economic Development Fund, a wholly-controlled nonprofit subsidiary of
The Shefa Fund. About a third of these funds are used as "matching" or
"challenge" investments to leverage increased CDFI investing by local
Jewish communities nationwide.
Last year in Boston, for example, the Jewish Community Relations Council
and the Combined Jewish Philanthropies worked with The Shefa Fund on a
TZEDEC initiative. The Combined Jewish Philanthropies approved a
$100,000 investment in Boston Community Capital's loan fund. Among its
other programs, Boston Community Capital helps stabilize Boston's low-
income neighborhoods by creating decent, affordable housing.
Joseph stressed investors also gain important intangible benefits from
supporting TZEDEC programs. "To investors, TZEDEC offers the
opportunity to fulfill Jewish values of tzedakah, which is righteous giving,
and tikkun olam, which is repair of the world."
Investments in TZEDEC loan funds are at terms of 3-10 years, and pay
interest rates of 0-2 percent. Joseph said zero percent loans are in the
tradition of Hebrew Free Loan Societies. Investments made in CDFIs are
also typically over 3-10 year periods.
To date, TZEDEC has invested funds in two national CDFI intermediaries,
the National Community Capital Association and the National Federation of
Community Development Credit Unions. As part of a $1.8 million TZEDEC
campaign in Washington, DC, TZEDEC has invested directly in several
Washington, DC-area CDFIs.
Looking toward the future, IZEDEC is launching local initiatives in areas
that feature both large Jewish communities and significant pockets of
poverty. Cities where programs are underway include Baltimore, Boston,
Los Angeles, New York, Miami, Philadelphia¡ Chicago, and South Palm
Beach. "We've found that these local initiatives provide a tangible and
meaningful way for people to support the cities in which they live and do
business," Joseph remarked.
The Shefa Fund
8459 Ridge Avenue
Phila., PA 19128-2119
THE JEvVISH ADVOCATE, JUNE 28- JULY 4, 2002
Rebuilding Boston One Property at a Time
] CRC and CJP Offer WalkiJ?g Tour of Local Renovation Sites
. .
. .
Executive D~rector Jeane Pinado of Madison Park Development Corp, right, .presents a plaque to
CJP's next ChaÎI:man. of the Board Alan Solomont, second from right, with Executive Director V.
Paul Deare of Americ~ Citie~ Cor~oration an~ JCRC President Geoffrey Le~is, left. <
By Deborah Fineblum Raub 'and more opportunity here," .said
. 'Jewish. Community Relation~
BQSTON - Last~eek's walking Council Tzedec Committee Chair
tour of the renovation of Dudley Judy Obennayer. "As indiviåu-
Square was, for many Boston a~s, Jews have always _ been
Jewish.-families, a homecoming. involved in this city's revitaliza~
"I remember my cousin carrying tion process," she says. "But this
the Torah right up this street the is our opportunity to put Jewish
day of his bar mitzvah," s~id money in,' with a Jewish institu-
longtime community activist tional facé behind it. Since social
Albie She~an, one of 40 com- justice is part of our ...value sys-
munity leaders along to see tern, here's a place where we can
improvements in a newly vibrant really see how our support makes
neighborhood, once among the a difference.'"
city's most depressed. Featured Spearheaded by JCRC's Tzedec
were large commercial projects. Fund and fueled wi th two
home ownership initiatives and $100,000 loans from Combined
rental units for low- and moder- Jewish Philanthropies. reflecting
ate-income families.. its long-standing comn1itment to
"Yau can see that it works but social justice, the Jewish commu-
also that there· s plenty more need nity is - along with other faith
commùnities - investing in the
revitalization of pnce-neglected
Boston neighborhoods.
The . Shefa Fund, a nationål
Jewish ·organization that lever-
ages ~atching funds for commu-
nity economic development, is a
key partner in this initiative. The
goal: To educate the Jewish com-
munity about the tremendous
impact of low-interest loans on
the revitalization of Boston'8
depressed neighborhoods. JCRC
and CJP, with the Shefa Fund,
are launching a pooled fund to.
facilitate investment from the
Jewish community.
"These investment loans are å new
kind a philanthropy in which-peo-
Continued
Rebuilding Boston One Property at a Time
Continued from ·Page 2
pIe loan out a very small fraction of
their endowment," said Nahma
"Nadich, JCRC Social Justice
Programming Director. "And,
although you get a lower monetary
return on your investment, the
social return is high as it helps build
healthier .neighborhoods."
'·We're about investing in the
work of the city and doing it with
a J~wish voice," added JCRC
Executive Director Nancy
Kaufman.
On the way to pudley Square,
where CJP has invested $100,000
in renovations,· Tzedec
Committee member Rabbi
Thomas Alpert of Tift?reth Israel
in Malden spoke about the ulti-
mate curse - indifference. "But
that's not the Jewish way," he
said, :citing one of Maimonides;
highest foons of charity: provid-
ing someone a livelihood. "AlJd
The Shefa Fund
8459 Ridge Avenue
Phila., PA 19128-2119
(215) 483-4004
info@shefafund.org
that's what these investments do."
In Roxbury's Dudley Square, the
group heard a neighborhood tevi~
talization update' from ?vIarc
Draisen, President and CEO of·
the Massachusetts Association of
Community Development
Corporations and a member of the
JCRC Tzedec Committee. He
spoke with pride of. the work.
they've done to help ·pull the
neighborhood out of the steep-
decline of a quarter century ago,
an era when city neighborhoods
were bulldozed into parking
garages, highways and slums.
Using creative public and private
funding, with grants, subsidies
and loans, CDCs help create
housing and commercial space
that is affordable to moderate and
lower income individuals and
businesses. Still needed: more
grants and low-interest loans, as
well as retailers willing to take a
chance on a neighborhood in the
midst of a rebound.
~lyse Cherry, CEO of Boston
Community. Capita~ (BCC),
which provides financial
resources to urban renewal proj-
ects; Mat Thall. Senior Program·
Director of ·Boston Local
Initiatives· Support Corporation
(LIS C) , which provides capital
and technical assistance to
CDCs, who represehted two
organizations that help facilitate
growth, which were awarded
loan funds by CJP.
In presenting a plaque to
Geoffrey Lewis, President of
JCRC and Alan Solomont,
. incoming Board Chair of CJP,.
Jeanne Pinado, Executive
Director of: Madison. Park
Development Corporation,
expressed gratitude for the CJP
loans and the JC~C advocacy that
helped renovate the building in
which they stood.
The day's tour guide V. Paui
Deare, Executive Director of
American Cities Coalition,
showed the group around Dudley
Square where pròperties stand in
various stages of rehabi1itation,
from an old school !low being
used as an assisted living center
for formerly homeless seniors to
space earmarked . for retail use,
artists' lofts. a perfonning arts
center and offices for community-
based organizations. . .
Evelyn Friedman, Executive
Director of Nuestra Comunidad,
pointed out streets where her
agency has .established Forest
Street affordable housing units,
once boarded up homes, now
rehabbed and .owned .by modest-
income families. They also rent
out rehabbed apartmen~s and
help develop commercial proper-
ty throughout Roxbury and
Dorchester.
There is no time like the present
to help make possible this kind of
undertaking, says ClP President
Barry Shrage. "Defending our-
sel ves elsewhere in the world
never lets us off the hook to go
out and do justice and righteous-
ness here."
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en
MEMORANDUM
TO:
MAYOR AND CITY COMMISSIONERS
FROM:
CITY MANAGER
SUBJECT:
AGENDA ITEM # ;L - SPE IAL MEETING F ANUARY 11 2005
SITE PLAN /BOY SCOUT HUT PARK
DATE:
JANUARY 7, 2005
This item is before Commission for presentation of the Boy Scout Hut Park Site Plan by Mike Carey
of Kimley-Hom. A copy of the site plan is attached.
S:\City Clerk\agenda memos\Boy Scout Hut Park Site Plan.01.11.05
·
[ITY DF DELRAY BEA[H
DElRA Y BEACH
tIïtd
All-America City 100 N.W. 1st AVENUE DELRAY BEACH, FLORIDA 33444·561/243-7000
, III I!
1993
2001
MEMORANDUM
TO:
David Harden
City Manager
FROM:
Joe Weldon
Director of Parks and Recreation
SUBJECT: Presentation of Site Plans - Boy Scout Hut & Lake Ida Park
DATE:
December 17, 2004
Please place on the agenda for the workshop on January II, 2005 the
presentation of the site plans on the Boy Scout Hut by Mike Carey of
Kimley-Horn and Associates, and Lake Ida Park by Jose Aguila of Currie
Sowards Aguila, Architects.
Parks and Recreation
Attachment
JW: cp
Ref:sitepln111
* Prmted on Recycled Paper
THE EFFORT ALWAYS MATTERS
Date: Dec. 17, 2004
AGENDA ITEM NUMBER:'..N ~~
AGENDA REQUEST
Request to be placed on:
_Consent Agenda _Regular Agenda ~Workshop Agenda _Special Agenda
When: January 11, 2005
Description of Agenda Item (who, what, where, how much): Request approval for
Mike Carey of Kimley-HQrn to present site plans on the Boy Scout Hut and for Jose
Aguila of Currie Sowards Aguila, Arch. to present site plans on Lake Ida Park.
Department Hea4
Signature:
City Attorney Re' iew/Recommendation (if applicable):
Budget Director Review (required on all items involving expenditure of funds):
Funding Available: Yes / No Initials:
Account Number
Description
Account Balance:
Funding Alternatives:
(if applicable)
City Manager Review:
Approved for Agenda: @ I No Initials: fr/I
Hold Until:
Agenda Coordinator Review:
Received:
MEMORANDUM
TO: MAYOR AND CITY COMMISSIONERS
FROM: CITY MANAGER ßJV1
SUBJECT: AGENDA ITEM #~S,3 - SPECIAL MEETING OF JANUARY 11.. 2005
SITE PLAN /LAKE IDA PARK
DATE: JANUARY 7,2005
This item is before Commission for presentation of the Lake Ida Park Site Plan by Jose Aguila of
Currie Sowards Aguila, Architects. A copy of the site plan is attached.
S: \ City Clerk \agenda memos \Lake Ida Park Site Plan.Ol.ll.05
[ITY DF DELIA' BEA[H
OELRA Y BEACH
f 1 0 I lOA
tr.ftd
All-America City 100 N.W. 1st AVENUE· DELRAY BEACH, FLORIDA 33444·561/243-7000
, III I!
1993
2001
MEMORANDUM
TO:
David Harden
City Manager
FROM:
Joe Weldon
Director of Parks and Recreation
SUBJECT: Presentation of Site Plans - Boy Scout Hut & Lake Ida Park
DATE:
December 17, 2004
Please place on the agenda for the workshop on January 11, 2005 the
presentation of the site plans on the Boy Scout Hut by Mike Carey of
Kimley-Horn and Associates, and Lake Ida Park by Jose Aguila of Currie
Sowards Aguila Architects.
Parks and Recreation
Attachment
JW:cp
Ref:sitepln111
* Printed on Recycled Paper
THE EFFORT ALWAYS MATTERS
Date: Dec. 17, 2004
AGENDA ITEM NUMBER~
n
fj,
AGENDA REQUEST
Request to be placed on:
_Consent Agenda _Regular Agenda .!-Workshop Agenda _Special Agenda
When: January 11, 2005
Description of Agenda Item (who, what, where, how much): Request approval for
Mike Carey of Kimley-H~rn to present site plans on the Boy Scout Hut and for Jose
Aguila of Currie Sowards Aguila, Arch. to present site plans on Lake Ida Park.
Department Hea
Signature:
City Attorney Re \ iew/Recommendation (if applicable):
Budget Director Review (required on all items involving expenditure of funds):
Funding Available: Yes / No Initials:
Account Number
Description
Account Balance:
Funding Alternatives:
(if applicable)
City Manager Review:
Approved for Agenda: @ I No Initials: If;J\
Hold Until:
Agenda Coordinator Review:
Received:
MEMORANDUM
SUBJECT:
MAYOR AND CITY COMMISSIONERS
CITY MANAGER~
AGENDA ITEM # ~ oS ~ - SPECIAL MEETING OF JANUARY 11.. 2005
PROPOSED FIREWORKS RESOLUTION
TO:
FROM:
,
DATE:
JANUARY 7, 2005
This is before Commission to discuss the attached Proposed Fireworks Resolution. The resolution
supports strengthening Chapter 791, Florida Statutes, to eliminate loopholes which will result in the
reduction of injuries and property loss associated with the use of fireworks. Chief Koen has reviewed
the resolution and supports its adoption.
s: \City Clerk \agenda memos \Fireworks Res.Ot.t 1.05
I
I
I
I
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I
I
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I
I
I
I
I
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1/11 cJ~~
Proposed Fireworks Resolution
WHEREAS, an estimated 9,300 fireworks related injuries in 2003 were treated in the
emergency rooms of many of our US hospitals, and
WHEREAS, a study conducted by the US Consumer Product Safety Commission in
June of 2004 reported that an estimated 6,800 fireworks related injuries occurred during
a one month period surrounding the July 4th, 2003 holiday, and
.
WHEREAS, the estimated annual cost of these fireworks related injuries is estimated to
be $100,000,000, and
WHEREAS, according to a National Fire Protection Association report, 12 persons died
from fireworks related causes during 1999, and
WHEREAS, according to a 2004 NFPA study 24,200 fires were caused or attributed to
fireworks in 1999, and
WHEREAS, these 1999 fireworks related fires caused an estimated $17.2 million in
property damage, and
WHEREAS, Chapter 791, Florida Statutes, relating to the regulation of fireworks, has
not undergone a comprehensive legislative review since its inception in 1941, and
WHEREAS, loopholes have been identified which are being used by the fireworks
industry to circumvent the current law and allow for the purchase of illegal fireworks,
NOW THEREFORE, be it resolved that hereby
recommends that Chapter 791, Florida Statutes, relating to the regulation of fireworks in
the State of Florida be strengthened to eliminate these loopholes which will result in the
reduction of injuries and property loss associated with the use of these fireworks.
Officer or Representative
Date