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.

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>> ken hagan: good morning and

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welcome to the board of county

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commissioners special meeting

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for consideration and action on

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the development and funding

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agreement guarantee and team

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nonrelocation agreement between

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hillsborough county, the city of

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tampa, the rays entities

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regarding the hillsborough

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college dale mabry campus

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ballpark project.

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At this time, I will pass things

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over to the administrator to

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begin introducing today's item.

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>> thank you, and good morning,

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everybody.

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And I want to thank you for

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being here today for this

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special meeting for the time,

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attention, and thoughtful

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consideration you have given to

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this project.

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This is an important moment for

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hillsborough county, and I know

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the decision before you today

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reflects the significance of the

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opportunity and the

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responsibility that comes with

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it.

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I am grateful for the trust this

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board placed in me to lead the

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negotiations with the rays and

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our partners, and to bring these

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agreements back to you for

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consideration.

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It has been an incredible

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opportunity to be part of a

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project of this magnitude and to

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have a seat at the table as we

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think about what this could mean

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for the future of our county.

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This has been a long process.

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It has been difficult at times,

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it has been challenging, and

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there have certainly been

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moments when we have had to work

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through complicated issues and

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find our way to solutions.

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to be able to work on a project

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of this magnitude has been a

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privilege.

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And I want to take a moment to

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recognize the many people who

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have helped us get to this

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point.

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First I want to thank julia

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mandell and sam hamilton of our

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county attorney's office.

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Julia and her team have been

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extraordinary throughout this

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process.

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They worked through countless

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legal and contractual issues,

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challenged provisions, protected

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the county's interests, and

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helped us navigate an

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extraordinary complicated

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transaction.

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I am grateful for their

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partnership.

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I also want to specifically

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recognize greg horwedel and tom

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fesler.

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They have put an incredible

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amount of time and effort into

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this process, and have helped us

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work through the many

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operational, financial, and

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policy issues that come with a

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project of this size and

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complexity.

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We have also had the benefit of

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financial and legal consultants

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who have provided important

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expertise and advice throughout

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the negotiations.

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Their work has helped us

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understand the details, evaluate

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the risks, and approach this

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from every possible angle.

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This is truly been a

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partnership.

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The city of tampa has been an

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important partner throughout

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this process, and I want to

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acknowledge the city's

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collaboration and commitment to

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working together on an

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opportunity that is has

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significance for our entire

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community.

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The state of florida has also

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played a vital role, providing

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land, funding, and critical

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transportation investments that

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have helped make this

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opportunity possible.

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And eric hart and our partners

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at the tampa sports authority

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have been an important part of

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the process as well.

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We have appreciated their

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partnership and expertise, and

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we have work -- as we have

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worked through the many issues

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associated with the ballpark and

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the broader project.

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And of course I want to thank

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whether

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all of you, the board.

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You have been engaged throughout

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this process.

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You have asked tough questions,

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challenged us, provided

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guidance, and shared your

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perspectives.

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Those conversations have been

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important and they have helped

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make the agreements before you

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stronger today.

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I also want to thank the rays

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organization and their team, the

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opportunity to work together.

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We appreciate the time, effort,

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and collaboration that went into

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getting us to this point, and

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the opportunity to work toward

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bringing the rays to

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hillsborough county.

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Getting to this point has

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required collaboration,

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persistence, and a willingness

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to work through difficult issues

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together: no agreement of this

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size and complexity is perfect,

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and this one is no exception.

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The county did not get

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verything we wanted, and I know

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the rays did not get everything

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they wanted either.

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That is the nature of a

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negotiation of this magnitude.

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But I believe what we have

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accomplished is a structure that

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balances the interests of the

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county, our taxpayers, and the

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rays, while creating strong

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incentives for the rays to build

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a ballpark development that we

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can all be proud of; and that

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can be an important part of the

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future of this community.

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As we trn to the agreements

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before you today, I think it is

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important to recognize that

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there is still work

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work ahead of us.

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There are a number of documents

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before you today, and there are

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additional documents and actions

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that will come later.

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There are also several

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conditions that must be

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satisfied before the county

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provides any funding.

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Those protections and conditions

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are an important part of the

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agreements, and julia will walk

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through those with you in

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detail.

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She will explain what is before

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you today, what comes later in

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the process, and the conditions

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and protections that are in

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place to protect the county and

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our taxpayers.

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Throughout these negotiations

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are objectives have been -- our

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objectives have been clear.

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To pursue an agreement that

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creates an extraordinary

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opportunity for our community

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while making sure that we are

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responsible stewards of the

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public resources with which we

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have been entrusted.

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I am proud of the work of our

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team, the work we have done to

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this point, and I am grateful to

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all of you and our partners for

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`the opportunity to be part of

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it.

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With that, I'll turn it over to

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greg to provide an overview and

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key provisions, and then to tom

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to go over financial details.

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Thank you.

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>> ken hagan: next man up.

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>> greg horwedel.

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Who is lost in an elevator

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apparently.

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>> ken hagan: all right, well

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the show goes on g. Morning,

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tom.

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>> so this morning we wanted to

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run through a short presentation

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with you.

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Back when -- back in I believe

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it was MAY you approved

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memorandum of understanding, a

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nonbinding memorandum of

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understanding.

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Then you asked us to come back

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`and negotiate with the rays and

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then come back for our final

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consideration.

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So that's what we've done.

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Again, we just kind of wanted to

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run through some information you

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have probably seen before but

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for benefit of the public we

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wanted to go through it again.

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>> ken hagan: there is no excuse

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for tardiness.

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>> there was quite the line, and

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I apologize.

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>> ken hagan: you think you've

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got some pull around here,

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MR. Horwedel.

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>> clearly I don't.

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And I apologize.

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For the record, my name's greg

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horwedel, deputy county

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administrator.

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And as tom was just beginning to

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say, and I'm thankful that he

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didn't have to pull duty on this

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one, but I did want to go over

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with you the information that we

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have about the ballpark

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proposal.

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Some of this you have heard

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before.

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As tom will tell you in the

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financial portion of this, I'll

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turn it back over to him when

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it's time, we'll go through the

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detail on the financing, then

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I'll wrap it up with some key

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deal points that we have because

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there's a lot of very complex

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and moving pieces to this

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transaction.

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So thank you for your time, and

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we will begin by noting this is

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a proposal that you have seen

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before, several months ago as

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you recall.

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The rays proposed a new

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ballpark, 28,000 square --

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excuse me, 28,000 seat ballpark.

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The initial projection was

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31,000, but the agreement that

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you have before you calls for a

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minimum of 28.

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There is new residential

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commercial and industrial -- or

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excuse me, commercial, retail,

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and office, and entertainment

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proposed as part of this

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development.

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The site as you know is the

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hillsborough county college

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site.

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That college site will be

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redeveloped with new college

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buildings.

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The state has indicated it will

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put in 18

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$180 million for that

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development.

294
00:10:19,304 --> 00:10:19,538
50 of that is in this year's

295
00:10:19,538 --> 00:10:21,538
budget.

296
00:10:22,608 --> 00:10:23,508
There is a total of $30 million

297
00:10:23,508 --> 00:10:25,508
of transportation improvements

298
00:10:27,178 --> 00:10:29,882
in that area, and $150 million

299
00:10:29,882 --> 00:10:31,750
for a brand new campus.

300
00:10:31,750 --> 00:10:34,150
The ballpark estimate provided

301
00:10:35,254 --> 00:10:36,200
to us by the rays is

302
00:10:36,200 --> 00:10:38,200
$2.3 billion.

303
00:10:39,759 --> 00:10:40,760
And they have requested

304
00:10:40,760 --> 00:10:42,760
approximately $876 million of

305
00:10:43,295 --> 00:10:46,295
public subsidy from the county

306
00:10:46,499 --> 00:10:48,330
and the city of tampa to enable

307
00:10:48,330 --> 00:10:50,433
this project to happen.

308
00:10:50,902 --> 00:10:51,871
They have set a deadline of

309
00:10:51,871 --> 00:10:53,406
APRIL 2029 in order for the

310
00:10:53,406 --> 00:10:55,406
ballpark to open.

311
00:10:55,507 --> 00:10:57,907
That is their projection.

312
00:10:58,100 --> 00:10:58,978
We are working diligently as

313
00:10:58,978 --> 00:11:01,978
we're bringing this forward to

314
00:11:03,716 --> 00:11:04,182
you to try and accommodate that

315
00:11:04,182 --> 00:11:06,152
timeline.

316
00:11:06,152 --> 00:11:07,453
There is significant development

317
00:11:07,453 --> 00:11:09,655
around proposed around the

318
00:11:09,655 --> 00:11:10,923
ballpark between 6

319
00:11:10,923 --> 00:11:11,223
6 to 8 million

320
00:11:11,223 --> 00:11:12,624
square feet.

321
00:11:12,624 --> 00:11:13,326
As I mentioned earlier,

322
00:11:13,326 --> 00:11:14,327
hospitality, restaurants,

323
00:11:14,327 --> 00:11:16,327
retail, and entertainment.

324
00:11:16,796 --> 00:11:18,898
There is multifamily, I will

325
00:11:18,898 --> 00:11:20,733
point out that that is at this

326
00:11:20,733 --> 00:11:21,667
stage rental because

327
00:11:21,667 --> 00:11:24,700
condominiums would be subject to

328
00:11:24,700 --> 00:11:26,372
the restrictions of amendment 3.

329
00:11:26,372 --> 00:11:28,441
And that would significantly

330
00:11:28,441 --> 00:11:30,243
reduce the ongoing revenue

331
00:11:30,243 --> 00:11:32,643
stream from that development

332
00:11:33,112 --> 00:11:35,480
should that be condominiums

333
00:11:35,480 --> 00:11:37,448
rather than multifamily rental.

334
00:11:37,917 --> 00:11:40,553
The direct economic impact as

335
00:11:40,553 --> 00:11:43,323
projected to be $34 billion, the

336
00:11:43,323 --> 00:11:44,423
indirect is $21.5 billion

337
00:11:44,423 --> 00:11:46,823
according to the rays.

338
00:11:47,694 --> 00:11:48,595
As you MAY recall, a com

339
00:11:48,595 --> 00:11:50,730
provided to us about three

340
00:11:50,730 --> 00:11:54,330
months ago an assessment of that

341
00:11:55,535 --> 00:11:56,360
proposal based upon our cl -- rc

342
00:11:56,360 --> 00:11:57,137
co.'s data.

343
00:11:57,137 --> 00:11:58,271
We asked them to update that.

344
00:11:58,271 --> 00:11:59,405
They have verified the minimum

345
00:11:59,405 --> 00:12:01,805
development proposal that the

346
00:12:02,750 --> 00:12:04,811
rays have suggested is feasible

347
00:12:04,811 --> 00:12:05,678
and the city of -- in the city

348
00:12:05,678 --> 00:12:06,979
of tampa.

349
00:12:06,979 --> 00:12:08,548
We asked them to look

350
00:12:08,548 --> 00:12:11,548
specifically at the tampa market

351
00:12:13,190 --> 00:12:14,190
and our obsorption rate and come

352
00:12:14,190 --> 00:12:14,887
up with verification that that

353
00:12:14,887 --> 00:12:16,123
was a defensible position, and

354
00:12:16,123 --> 00:12:18,523
they have confirmed that.

355
00:12:22,428 --> 00:12:23,630
It's about 3.1 million square

356
00:12:23,630 --> 00:12:24,965
`feet of multifamily rentals and

357
00:12:24,965 --> 00:12:26,330
half a million square feet of

358
00:12:26,330 --> 00:12:28,330
office, retail, destination,

359
00:12:28,735 --> 00:12:30,971
dine, hotels, and entertainment.

360
00:12:30,971 --> 00:12:32,739
There's a 30-year gross

361
00:12:32,739 --> 00:12:34,808
financial impact from confirmed

362
00:12:34,808 --> 00:12:37,208
available sources that they

363
00:12:38,412 --> 00:12:39,345
estimate to be $2.5 billion.

364
00:12:39,345 --> 00:12:42,345
That's ad valorem taxes or

365
00:12:42,382 --> 00:12:44,251
property taxes, state and county

366
00:12:44,251 --> 00:12:46,320
sales taxes, and tourist

367
00:12:46,320 --> 00:12:47,855
development tax.

368
00:12:47,855 --> 00:12:50,855
The assessed ad valorem values

369
00:12:51,858 --> 00:12:52,826
are estimated to be $886 million

370
00:12:52,826 --> 00:12:54,826
in 2035.

371
00:12:55,128 --> 00:12:57,397
The total assessed values is

372
00:12:57,397 --> 00:12:58,865
assessed -- expected to be more

373
00:12:58,865 --> 00:13:01,835
than $3 billion for the entire

374
00:13:01,835 --> 00:13:03,835
stadium district in 2059,

375
00:13:04,370 --> 00:13:05,380
excluding of course the ballpark

376
00:13:05,380 --> 00:13:07,380
and hillsborough college.

377
00:13:07,441 --> 00:13:09,509
There are other impacts that the

378
00:13:09,509 --> 00:13:11,111
rays have suggested will happen

379
00:13:11,111 --> 00:13:12,613
around that development site,

380
00:13:12,613 --> 00:13:13,614
but we did not consider those.

381
00:13:13,614 --> 00:13:15,716
We're not presenting those at

382
00:13:15,716 --> 00:13:17,584
this time because that's not

383
00:13:17,584 --> 00:13:18,919
anything that we can verify.

384
00:13:18,919 --> 00:13:19,853
We think that it's going to

385
00:13:19,853 --> 00:13:21,422
happen, but we can't put a

386
00:13:21,422 --> 00:13:23,324
number to that.

387
00:13:23,324 --> 00:13:26,324
The direct economic impact is

388
00:13:26,560 --> 00:13:28,960
expected to total $34.8 billion.

389
00:13:29,830 --> 00:13:32,230
With about 5,000 annualized jobs

390
00:13:33,734 --> 00:13:34,535
on a 30-year average.

391
00:13:34,535 --> 00:13:35,970
There's $12.3 billion in wage

392
00:13:35,970 --> 00:13:37,604
earnings associated with this

393
00:13:37,604 --> 00:13:39,604
proposed development.

394
00:13:42,243 --> 00:13:42,609
Adding the indirect brings it to

395
00:13:42,609 --> 00:13:44,609
43.1.

396
00:13:44,645 --> 00:13:47,615
And the others benefiting from

397
00:13:47,615 --> 00:13:50,584
this proposal, and I think this

398
00:13:50,584 --> 00:13:52,887
is pretty important information,

399
00:13:52,887 --> 00:13:55,287
that hillsborough college gets

400
00:13:55,822 --> 00:13:56,557
$180 million as we mentioned

401
00:13:56,557 --> 00:13:58,957
previously from the state.

402
00:14:00,940 --> 00:14:01,428
The state of florida itself gets

403
00:14:01,428 --> 00:14:04,428
about $1.4 billion in sales tax.

404
00:14:06,234 --> 00:14:08,202
The school district benefits by

405
00:14:08,202 --> 00:14:08,669
about $278 million over the 30

406
00:14:08,669 --> 00:14:10,669
years.

407
00:14:11,720 --> 00:14:12,840
The library services district,

408
00:14:12,840 --> 00:14:14,840
$22 million, hart, $22 million,

409
00:14:15,376 --> 00:14:17,776
the school board, $20 million,

410
00:14:17,879 --> 00:14:19,447
water management district,

411
00:14:19,447 --> 00:14:21,447
$7.8 million, port authority,

412
00:14:23,351 --> 00:14:24,352
$3.7 million, and even elapp is

413
00:14:24,352 --> 00:14:24,552
about $220,000 over the 30

414
00:14:24,552 --> 00:14:26,420
years.

415
00:14:26,420 --> 00:14:27,655
There is a community benefits

416
00:14:27,655 --> 00:14:29,655
agreement that

417
00:14:30,910 --> 00:14:31,225
t.

418
00:14:31,225 --> 00:14:32,727
That amount's unknown but there

419
00:14:32,727 --> 00:14:34,896
will bow a minimum of scoib% --

420
00:14:34,896 --> 00:14:35,296
be a minimum of 65% going to the

421
00:14:35,296 --> 00:14:37,296
county.

422
00:14:38,399 --> 00:14:40,500
With that, now tom can come on

423
00:14:40,500 --> 00:14:44,100
up and talk about the financial

424
00:14:46,307 --> 00:14:46,741
structure.

425
00:14:46,741 --> 00:14:48,643
Thanks.

426
00:14:48,643 --> 00:14:49,778
>> so commissioners, just had a

427
00:14:49,778 --> 00:14:51,460
few slides I wanted to run

428
00:14:51,460 --> 00:14:52,681
through to go over the financial

429
00:14:52,681 --> 00:14:55,810
aspects of the deal.

430
00:14:55,116 --> 00:14:57,116
The proposed deal.

431
00:14:57,985 --> 00:15:00,188
The city and county are

432
00:15:00,188 --> 00:15:02,188
proposing to contribute

433
00:15:03,257 --> 00:15:04,259
$876 million to the project.

434
00:15:04,259 --> 00:15:05,960
The primary funding source from

435
00:15:05,960 --> 00:15:06,527
the county is the community

436
00:15:06,527 --> 00:15:07,729
investment tax.

437
00:15:07,729 --> 00:15:09,164
When we first started out, we

438
00:15:09,164 --> 00:15:11,333
were looking at some different

439
00:15:11,333 --> 00:15:12,734
models and planning on borrowing

440
00:15:12,734 --> 00:15:13,101
against the community investment

441
00:15:13,101 --> 00:15:14,536
tax.

442
00:15:14,536 --> 00:15:16,838
We decided tat wasn't the most

443
00:15:16,838 --> 00:15:18,600
efficient approach.

444
00:15:18,600 --> 00:15:18,906
So we changed the way that we

445
00:15:18,906 --> 00:15:21,420
were looking at things and what

446
00:15:21,420 --> 00:15:24,145
we're coming back with today is

447
00:15:24,145 --> 00:15:26,547
a proposal where we actually

448
00:15:26,547 --> 00:15:27,348
fund during the construction

449
00:15:27,348 --> 00:15:28,950
period $90 million a year for

450
00:15:28,950 --> 00:15:29,417
four years.

451
00:15:29,417 --> 00:15:31,153
this will

452
00:15:31,153 --> 00:15:33,322
will avoid us having to pay

453
00:15:33,322 --> 00:15:35,123
any interest from the community

454
00:15:35,123 --> 00:15:37,590
investment tax and it'll make it

455
00:15:37,590 --> 00:15:39,161
in our view the most efficient

456
00:15:39,161 --> 00:15:40,128
prose to use that funding.

457
00:15:40,128 --> 00:15:41,730
There was the meeting yesterday

458
00:15:41,730 --> 00:15:43,664
over at the city of tampa, the

459
00:15:43,664 --> 00:15:44,399
city of tampa is committing

460
00:15:44,399 --> 00:15:46,799
$80 million over the same

461
00:15:47,202 --> 00:15:49,805
four-year period; I believe they

462
00:15:49,805 --> 00:15:50,205
are planning to borrow for thse

463
00:15:50,205 --> 00:15:51,473
funds.

464
00:15:51,473 --> 00:15:52,700
Then we have the tourist

465
00:15:52,700 --> 00:15:54,700
development tax.

466
00:15:54,900 --> 00:15:55,611
I'm going to go over a slide

467
00:15:55,611 --> 00:15:56,944
with that and what that means in

468
00:15:56,944 --> 00:15:59,344
a couple of minutes.

469
00:15:59,681 --> 00:16:01,884
The county is committing up to

470
00:16:01,884 --> 00:16:03,884
100

471
00:16:07,389 --> 00:16:07,856
$103 million in cash and

472
00:16:07,856 --> 00:16:09,856
reserves.

473
00:16:10,240 --> 00:16:10,993
Finally we have the cdbg

474
00:16:10,993 --> 00:16:12,294
disaster recovery funds.

475
00:16:12,294 --> 00:16:13,620
That would be primary for

476
00:16:13,620 --> 00:16:15,300
stormwater type improvements

477
00:16:15,300 --> 00:16:16,598
within the ballpark district.

478
00:16:16,598 --> 00:16:17,866
What I did want to point out in

479
00:16:17,866 --> 00:16:20,336
addition to that, so those are

480
00:16:20,336 --> 00:16:21,502
the county and the city proposed

481
00:16:21,502 --> 00:16:23,500
commitments, but also the state

482
00:16:23,500 --> 00:16:25,241
of florida has donated the land

483
00:16:25,241 --> 00:16:27,641
for the ballpark district.

484
00:16:28,677 --> 00:16:30,646
They have also committed to

485
00:16:30,646 --> 00:16:32,547
$150 million to rebuild

486
00:16:32,547 --> 00:16:34,830
hillsborough college, and

487
00:16:34,830 --> 00:16:35,117
finally, are committing about

488
00:16:35,117 --> 00:16:37,117
$30 million in transportation

489
00:16:39,221 --> 00:16:40,422
projects for the area.

490
00:16:40,422 --> 00:16:41,357
One of the things that we did

491
00:16:41,357 --> 00:16:42,992
want to run through with the

492
00:16:42,992 --> 00:16:45,194
board is just give you an idea

493
00:16:45,194 --> 00:16:45,962
of what we believe could be a

494
00:16:45,962 --> 00:16:47,430
recorvey of the

495
00:16:47,430 --> 00:16:48,331
-- recovery of the

496
00:16:48,331 --> 00:16:49,980
dollars of the investment that's

497
00:16:49,980 --> 00:16:50,933
made by the county.

498
00:16:50,933 --> 00:16:51,266
So on the previous slide we had

499
00:16:51,266 --> 00:16:53,266
$876 million.

500
00:16:53,669 --> 00:16:55,738
Here we have $796 million, which

501
00:16:55,738 --> 00:16:57,406
is the county's contribution.

502
00:16:57,406 --> 00:16:58,774
I am backing out of that, the

503
00:16:58,774 --> 00:17:01,174
tourist development tax, because

504
00:17:01,310 --> 00:17:02,411
that relates to the sixth cent

505
00:17:02,411 --> 00:17:04,146
tourist development tax.

506
00:17:04,146 --> 00:17:05,281
That, those funds and that

507
00:17:05,281 --> 00:17:06,616
revenue source is restricted,

508
00:17:06,616 --> 00:17:08,617
and it's restricted for a

509
00:17:08,617 --> 00:17:09,652
purpose such as this, so we did

510
00:17:09,652 --> 00:17:11,186
not believe that we necessarily

511
00:17:11,186 --> 00:17:12,722
needed to focus on recovering

512
00:17:12,722 --> 00:17:14,423
those dollars since that source

513
00:17:14,423 --> 00:17:16,823
was available to us.

514
00:17:17,225 --> 00:17:18,361
And then we had the cdbgdr,

515
00:17:18,361 --> 00:17:20,363
that's a grant so w didn't feel

516
00:17:20,363 --> 00:17:20,730
like we needed to recover grant

517
00:17:20,730 --> 00:17:22,699
funds either.

518
00:17:22,699 --> 00:17:24,233
So what we end up with a target

519
00:17:24,233 --> 00:17:27,233
recovery amount for the project

520
00:17:27,937 --> 00:17:28,471
for hillsborough county of about

521
00:17:28,471 --> 00:17:29,606
$463 million.

522
00:17:29,606 --> 00:17:31,274
How do we intend to get those

523
00:17:31,274 --> 00:17:33,176
dollars back over time?

524
00:17:33,176 --> 00:17:34,343
I will tell you that those

525
00:17:34,343 --> 00:17:35,912
dollars will not be coming back

526
00:17:35,912 --> 00:17:37,180
to us quickly, it will take a

527
00:17:37,180 --> 00:17:41,380
long period of time to come back

528
00:17:42,152 --> 00:17:43,787
to us, but we do believe over the term of the

529
00:17:43,787 --> 00:17:44,487
lease that we will recover those

530
00:17:44,487 --> 00:17:46,389
funds coming out.

531
00:17:46,389 --> 00:17:49,224
That will be in the form of,

532
00:17:49,224 --> 00:17:50,459
we've negotiated an annual rent

533
00:17:50,459 --> 00:17:51,427
amount of $4 million a year that

534
00:17:51,427 --> 00:17:54,230
the rays would be paying to the

535
00:17:54,230 --> 00:17:54,998
county, and that includes a cpi

536
00:17:54,998 --> 00:17:56,132
adjustment every year.

537
00:17:56,132 --> 00:17:57,534
So over the 35 years of the

538
00:17:57,534 --> 00:17:58,501
lease, that could be up to

539
00:17:58,501 --> 00:18:00,360
$200 million.

540
00:18:00,360 --> 00:18:02,672
As greg had mentioned earlier,

541
00:18:02,672 --> 00:18:04,730
we've been working with aecom on

542
00:18:04,730 --> 00:18:05,442
potential impacts and dollars

543
00:18:05,442 --> 00:18:07,842
that would be recovered.

544
00:18:07,844 --> 00:18:10,746
So some of these next few items

545
00:18:10,746 --> 00:18:11,681
here are the dollars that aecom

546
00:18:11,681 --> 00:18:13,583
elieves that can be recovered

547
00:18:13,583 --> 00:18:15,510
over a 35-year period which

548
00:18:15,510 --> 00:18:16,453
would be sales tax, it goes up

549
00:18:16,453 --> 00:18:18,521
toot state, the state shares

550
00:18:18,521 --> 00:18:21,491
back about 8 to 10% of that with

551
00:18:21,491 --> 00:18:23,260
us, that's the $145 million.

552
00:18:23,260 --> 00:18:24,194
We've got sales tax that will be

553
00:18:24,194 --> 00:18:25,996
generated over the 30-year

554
00:18:25,996 --> 00:18:28,396
period that will actually

555
00:18:28,532 --> 00:18:30,701
increase the amount of cit funds

556
00:18:30,701 --> 00:18:31,167
available because we've got

557
00:18:31,167 --> 00:18:32,903
$120 million there.

558
00:18:32,903 --> 00:18:33,870
Weave got the half cent cit tax,

559
00:18:33,870 --> 00:18:36,870
so we believe that those

560
00:18:36,873 --> 00:18:38,708
revenues will be generated over

561
00:18:38,708 --> 00:18:40,810
that period of time.

562
00:18:40,810 --> 00:18:41,645
Finally we have also an

563
00:18:41,645 --> 00:18:42,579
dditional contribution from the

564
00:18:42,579 --> 00:18:43,513
state of florida as we've gone

565
00:18:43,513 --> 00:18:45,215
through this process.

566
00:18:45,215 --> 00:18:48,850
The state of florida has agreed

567
00:18:48,850 --> 00:18:49,585
to fund $100 million of our

568
00:18:49,585 --> 00:18:51,985
lithia pinecrest project, so

569
00:18:52,355 --> 00:18:54,658
that was a project that was

570
00:18:54,658 --> 00:18:56,658
originally budgeted at

571
00:18:56,927 --> 00:18:57,827
$200 million as part of the cit

572
00:18:57,827 --> 00:18:59,362
renewal that you approved.

573
00:18:59,362 --> 00:19:01,365
It's one of the projects.

574
00:19:01,365 --> 00:19:03,967
So that's an offset that we'll

575
00:19:03,967 --> 00:19:07,471
be able to take against our cit

576
00:19:07,471 --> 00:19:09,471
contribution of $360 million.

577
00:19:11,575 --> 00:19:12,476
I will also go over in a few

578
00:19:12,476 --> 00:19:13,510
minutes a community dvelopment

579
00:19:13,510 --> 00:19:15,613
district proposal for the site.

580
00:19:15,613 --> 00:19:16,881
That is where we will share

581
00:19:16,881 --> 00:19:19,160
revenues between the city, the

582
00:19:19,160 --> 00:19:20,150
county, and the cdd.

583
00:19:20,150 --> 00:19:22,585
Again, I will go over that in a

584
00:19:22,585 --> 00:19:23,420
few minutes to talk about the

585
00:19:23,420 --> 00:19:25,880
$87 million, and then finally,

586
00:19:25,880 --> 00:19:26,490
the last few sources will be

587
00:19:26,490 --> 00:19:28,490
tourist development taxes,

588
00:19:29,126 --> 00:19:30,427
obviously if we have a new, new

589
00:19:30,427 --> 00:19:31,428
complex like that it will

590
00:19:31,428 --> 00:19:32,429
generate additional tourists

591
00:19:32,429 --> 00:19:33,731
coming to the area so that will

592
00:19:33,731 --> 00:19:35,499
generate some additional tourist

593
00:19:35,499 --> 00:19:36,767
development tax dollars.

594
00:19:36,767 --> 00:19:38,803
Then there is the community

595
00:19:38,803 --> 00:19:39,569
benefits agreement, we

596
00:19:39,569 --> 00:19:40,838
.

597
00:19:40,838 --> 00:19:43,707
We haven't arrived at a final

598
00:19:43,707 --> 00:19:45,142
amount for that yet.

599
00:19:45,142 --> 00:19:46,430
As was, if you were watching

600
00:19:46,430 --> 00:19:47,344
yesterday, the proposal is for

601
00:19:47,344 --> 00:19:49,746
the county to benefit to the

602
00:19:49,746 --> 00:19:51,848
extent of about 65% in the city

603
00:19:51,848 --> 00:19:54,385
to benefit to the extent of 35%.

604
00:19:54,385 --> 00:19:55,486
But again, a total amount hasn't

605
00:19:55,486 --> 00:19:57,454
been agreed upon yet.

606
00:19:57,454 --> 00:19:58,656
And then finally, as the

607
00:19:58,656 --> 00:19:59,557
ballpark goes under

608
00:19:59,557 --> 00:20:01,559
construction, what would happen

609
00:20:01,559 --> 00:20:03,294
is we would have a value

610
00:20:03,294 --> 00:20:04,395
engineering process, so the way

611
00:20:04,395 --> 00:20:05,797
that it's built in the

612
00:20:05,797 --> 00:20:07,665
agreements are that if there are

613
00:20:07,665 --> 00:20:09,901
savings that are identified in and

614
00:20:09,901 --> 00:20:11,202
the ballpark is not $2.3 billion

615
00:20:11,202 --> 00:20:12,637
and savings are identified, it

616
00:20:12,637 --> 00:20:13,838
would be shared proportionally

617
00:20:13,838 --> 00:20:14,905
between the rays and the county

618
00:20:14,905 --> 00:20:16,207
and the city.

619
00:20:16,207 --> 00:20:17,408
So we would get some additional

620
00:20:17,408 --> 00:20:18,743
dollars back that way.

621
00:20:18,743 --> 00:20:21,743
Obviously at this point, we

622
00:20:24,582 --> 00:20:24,948
can't project what those might

623
00:20:24,948 --> 00:20:26,784
be.

624
00:20:26,784 --> 00:20:27,584
As far as the tourist

625
00:20:27,584 --> 00:20:29,584
development taxes we're

626
00:20:29,887 --> 00:20:30,421
proposing to use the 6th cent

627
00:20:30,421 --> 00:20:32,290
tourist development.

628
00:20:32,290 --> 00:20:34,240
We've got some reyrves

629
00:20:34,240 --> 00:20:35,360
reserves in both

630
00:20:35,360 --> 00:20:36,727
the three cent tourist

631
00:20:36,727 --> 00:20:38,629
development tax and the six cent

632
00:20:38,629 --> 00:20:39,763
that we believe could be used up

633
00:20:39,763 --> 00:20:42,763
front, $40 million, but then in

634
00:20:43,101 --> 00:20:43,802
addition to that, we're

635
00:20:43,802 --> 00:20:44,268
proposing $263 million of

636
00:20:44,268 --> 00:20:45,269
borrowing.

637
00:20:45,269 --> 00:20:48,869
There would be a first tranche

638
00:20:49,740 --> 00:20:51,543
of that of about $228 million.

639
00:20:51,543 --> 00:20:52,510
And then if capacity is

640
00:20:52,510 --> 00:20:54,779
available at some point in the

641
00:20:54,779 --> 00:20:55,546
future there might be another up

642
00:20:55,546 --> 00:20:56,848
to $35 million borrowing

643
00:20:56,848 --> 00:20:58,848
associated with that.

644
00:20:59,817 --> 00:21:00,819
So this is the $303 million

645
00:21:00,819 --> 00:21:01,920
piece.

646
00:21:01,920 --> 00:21:03,121
Currently out of the first three

647
00:21:03,121 --> 00:21:06,121
cents of the tourist development

648
00:21:06,725 --> 00:21:08,793
tax, that funds visit tampa bay.

649
00:21:08,793 --> 00:21:10,562
As part of the sixth cent, 30%

650
00:21:10,562 --> 00:21:13,665
of the sixth cent currently goes

651
00:21:13,665 --> 00:21:14,966
to visit tampa bay, so that

652
00:21:14,966 --> 00:21:17,366
amount would go away.

653
00:21:17,903 --> 00:21:18,603
We also are funding a couple of

654
00:21:18,603 --> 00:21:20,305
other things.

655
00:21:20,305 --> 00:21:21,390
We're making a $2 million a year

656
00:21:21,390 --> 00:21:22,507
contribution to the tampa

657
00:21:22,507 --> 00:21:23,241
question center through --

658
00:21:23,241 --> 00:21:24,409
convention center through the

659
00:21:24,409 --> 00:21:25,577
sixth cent and we also have one

660
00:21:25,577 --> 00:21:27,577
of our cull

661
00:21:28,981 --> 00:21:29,614
cultural assets programs

662
00:21:29,614 --> 00:21:31,216
runlz

663
00:21:31,216 --> 00:21:33,384
runsthrough that area so we would

664
00:21:33,384 --> 00:21:34,286
need to find some alternate

665
00:21:34,286 --> 00:21:36,210
funding sources for those.

666
00:21:36,210 --> 00:21:39,525
As far as other cash reserves,

667
00:21:39,525 --> 00:21:40,325
we've taken a look at reserves,

668
00:21:40,325 --> 00:21:40,859
unrestricted reserves that we

669
00:21:40,859 --> 00:21:42,294
have across the county.

670
00:21:42,294 --> 00:21:43,562
We believe that if we go out and

671
00:21:43,562 --> 00:21:45,630
take a look at things such as

672
00:21:45,630 --> 00:21:46,631
our half cent sales tax

673
00:21:46,631 --> 00:21:47,399
reserves, we have economic

674
00:21:47,399 --> 00:21:49,799
development reserves, and you

675
00:21:49,802 --> 00:21:51,136
can see some other areas there,

676
00:21:51,136 --> 00:21:53,438
that we could come up with

677
00:21:53,438 --> 00:21:54,673
reasonably about $103 million of

678
00:21:54,673 --> 00:21:57,876
`cash to be able to commit to the

679
00:21:57,876 --> 00:21:58,811
deal up front.

680
00:21:58,811 --> 00:22:00,450
We believe if we commit that

681
00:22:00,450 --> 00:22:00,945
amount, we still would have

682
00:22:00,945 --> 00:22:01,880
sufficient reserves and

683
00:22:01,880 --> 00:22:03,882
flexibility within our budget to

684
00:22:03,882 --> 00:22:06,118
be able to meet ongoing needs

685
00:22:06,118 --> 00:22:07,353
and service needs of the county.

686
00:22:07,353 --> 00:22:09,721
So it's a lot of money.

687
00:22:09,721 --> 00:22:11,290
I don't want to indicate that

688
00:22:11,290 --> 00:22:12,191
it's not.

689
00:22:12,191 --> 00:22:14,493
But we believe that we can come

690
00:22:14,493 --> 00:22:16,462
up with that and still be

691
00:22:16,462 --> 00:22:17,929
comfortable with having flexible

692
00:22:17,929 --> 00:22:21,529
nough reserves in the rest of

693
00:22:22,301 --> 00:22:23,435
the budget.

694
00:22:23,435 --> 00:22:24,637
The last slide I will go over

695
00:22:24,637 --> 00:22:26,720
has to d with the community

696
00:22:26,720 --> 00:22:27,807
development district that would

697
00:22:27,807 --> 00:22:28,207
be associated with the ballpark

698
00:22:28,207 --> 00:22:29,675
site.

699
00:22:29,675 --> 00:22:31,643
So what ends up happening there

700
00:22:31,643 --> 00:22:33,120
is the primary funding source

701
00:22:33,120 --> 00:22:35,247
that would be generated would be

702
00:22:35,247 --> 00:22:36,916
property taxes in that area.

703
00:22:36,916 --> 00:22:39,316
So as development occurs,

704
00:22:39,385 --> 00:22:41,420
property taxes would begin to

705
00:22:41,420 --> 00:22:42,955
come into the county, and the

706
00:22:42,955 --> 00:22:44,955
city.

707
00:22:45,391 --> 00:22:46,559
And so what I wanted to go over,

708
00:22:46,559 --> 00:22:48,661
and what's really important on

709
00:22:48,661 --> 00:22:49,561
this piece is this is a big

710
00:22:49,561 --> 00:22:50,629
negotiating piece for us with

711
00:22:50,629 --> 00:22:52,629
the rays.

712
00:22:54,167 --> 00:22:58,370
And so where we ended up is as

713
00:22:58,370 --> 00:23:00,106
it relates to the -- cdd, we

714
00:23:00,106 --> 00:23:02,808
kind of have a tiered approach.

715
00:23:02,808 --> 00:23:03,776
So when you come up with the

716
00:23:03,776 --> 00:23:05,811
first $350 million worth of

717
00:23:05,811 --> 00:23:07,513
development in the area, the

718
00:23:07,513 --> 00:23:08,747
county and the city share of the

719
00:23:08,747 --> 00:23:11,250
property taxes coming back from

720
00:23:11,250 --> 00:23:14,250
that would be 70%, and then 30%

721
00:23:14,320 --> 00:23:17,790
would go back into the cdd, and

722
00:23:17,790 --> 00:23:18,724
what that means is the cdd would

723
00:23:18,724 --> 00:23:21,940
then reinvest those funds within

724
00:23:21,940 --> 00:23:21,560
the ballpark district for public

725
00:23:21,560 --> 00:23:23,229
purposes.

726
00:23:23,229 --> 00:23:24,730
So that could be reinvestments

727
00:23:24,730 --> 00:23:26,199
in our ballpark, which we think

728
00:23:26,199 --> 00:23:27,466
is a positive because we want to

729
00:23:27,466 --> 00:23:30,300
make sure it stays up to first

730
00:23:30,300 --> 00:23:31,837
class standards, or it could be

731
00:23:31,837 --> 00:23:33,837
other infrastructure type

732
00:23:34,730 --> 00:23:34,541
improvements within the ballpark

733
00:23:34,541 --> 00:23:36,750
district.

734
00:23:36,750 --> 00:23:39,111
At the next level, it's an --

735
00:23:39,111 --> 00:23:39,879
this is an incentivized

736
00:23:39,879 --> 00:23:41,879
approach.

737
00:23:43,717 --> 00:23:44,917
So we did our best to negotiate

738
00:23:44,917 --> 00:23:45,284
a guarantee on the development

739
00:23:45,284 --> 00:23:47,190
in the area.

740
00:23:47,190 --> 00:23:48,221
This was kind of the negotiated

741
00:23:48,221 --> 00:23:49,789
approach which is more of a

742
00:23:49,789 --> 00:23:51,891
tiered approach where we can

743
00:23:51,891 --> 00:23:53,860
incentivize development.

744
00:23:53,860 --> 00:23:55,762
So so as the taxable value goes

745
00:23:55,762 --> 00:23:58,498
and the development increases in

746
00:23:58,498 --> 00:23:59,899
that area, the percentage that

747
00:23:59,899 --> 00:24:01,667
the county and the city receive

748
00:24:01,667 --> 00:24:02,168
goes down because we want to

749
00:24:02,168 --> 00:24:04,168
incentivize.

750
00:24:04,304 --> 00:24:06,390
But the key to this is that each

751
00:24:06,390 --> 00:24:09,242
and every year the county and

752
00:24:09,242 --> 00:24:12,746
the city get the 70% up to 350,

753
00:24:12,746 --> 00:24:15,746
we get the 50% up between 350

754
00:24:16,817 --> 00:24:17,950
and 650, and then over the 650,

755
00:24:17,950 --> 00:24:20,454
$650 million of taxable value in

756
00:24:20,454 --> 00:24:24,654
the area, then we go down to 15%

757
00:24:24,757 --> 00:24:26,193
in the cdd gets 85%.

758
00:24:26,193 --> 00:24:27,294
I just -- at the bottom here

759
00:24:27,294 --> 00:24:28,728
gave kind of an example.

760
00:24:28,728 --> 00:24:31,728
I used information that was

761
00:24:32,199 --> 00:24:33,800
provided to us by the rays.

762
00:24:33,800 --> 00:24:34,935
They kind of gave us estimated

763
00:24:34,935 --> 00:24:37,335
development values over a

764
00:24:37,371 --> 00:24:39,371
30-year period,.

765
00:24:40,240 --> 00:24:41,241
Those, over that 30-year period

766
00:24:41,241 --> 00:24:41,842
they gave us minimum they

767
00:24:41,842 --> 00:24:43,760
thought they could develop and

768
00:24:43,760 --> 00:24:44,411
then a target.

769
00:24:44,411 --> 00:24:44,911
That's kind of their

770
00:24:44,911 --> 00:24:46,800
aspirational.

771
00:24:46,800 --> 00:24:47,147
What you're seeing here is the

772
00:24:47,147 --> 00:24:48,181
minimum development that was

773
00:24:48,181 --> 00:24:49,917
proposed by the rays.

774
00:24:49,917 --> 00:24:51,885
And what that would result in.

775
00:24:51,885 --> 00:24:55,485
What that results in is the

776
00:24:55,723 --> 00:24:57,240
county receiving over a 30-year

777
00:24:57,240 --> 00:24:57,958
period about $87 million from

778
00:24:57,958 --> 00:24:59,359
the cdd area that we could use

779
00:24:59,359 --> 00:25:00,694
in other areas of the county for

780
00:25:00,694 --> 00:25:02,694
our general purposes.

781
00:25:02,762 --> 00:25:03,229
Outside of the ballpark

782
00:25:03,229 --> 00:25:04,598
district.

783
00:25:04,598 --> 00:25:05,132
The city would receive

784
00:25:05,132 --> 00:25:06,266
$100 million.

785
00:25:06,266 --> 00:25:07,902
Their share is a little bit

786
00:25:07,902 --> 00:25:09,537
larger because this is based on

787
00:25:09,537 --> 00:25:11,205
obviously millage rates.

788
00:25:11,205 --> 00:25:12,640
And the city of tampa's millage

789
00:25:12,640 --> 00:25:14,241
rate is slightly higher than

790
00:25:14,241 --> 00:25:16,241
hillsborough county's.

791
00:25:16,677 --> 00:25:17,978
And then finally, the amount

792
00:25:17,978 --> 00:25:20,130
that would stay with the cdd

793
00:25:20,130 --> 00:25:22,413
would be $395 million, and

794
00:25:23,317 --> 00:25:24,819
again, that would go back into

795
00:25:24,819 --> 00:25:25,952
infrastructure type impriewfts

796
00:25:25,952 --> 00:25:26,854
provements or public type of

797
00:25:26,854 --> 00:25:27,121
improvements within the ballpark

798
00:25:27,121 --> 00:25:28,556
district.

799
00:25:28,556 --> 00:25:29,557
It could go to the stadium, it

800
00:25:29,557 --> 00:25:30,757
could go to other improvements

801
00:25:30,757 --> 00:25:31,959
in that area.

802
00:25:31,959 --> 00:25:36,159
And with that I'll turn it back

803
00:25:37,765 --> 00:25:39,765
over to greg.

804
00:25:42,369 --> 00:25:43,337
>> thanks, tom.

805
00:25:43,337 --> 00:25:44,571
As you go

806
00:25:44,571 --> 00:25:45,873
you can see, there has been

807
00:25:45,873 --> 00:25:47,410
quite a bit of detailed

808
00:25:47,410 --> 00:25:47,908
negotiation about the financial

809
00:25:47,908 --> 00:25:48,776
component, but there are many

810
00:25:48,776 --> 00:25:51,278
other pieces of this discussion

811
00:25:51,278 --> 00:25:52,480
that we've had the ways and --

812
00:25:52,480 --> 00:25:53,647
had with the rays and had with

813
00:25:53,647 --> 00:25:54,315
the city that have led to the

814
00:25:54,315 --> 00:25:54,482
agreement that you have before

815
00:25:54,482 --> 00:25:56,830
you.

816
00:25:56,830 --> 00:25:58,151
The model that we have looked at

817
00:25:58,151 --> 00:25:59,387
through this process is the

818
00:25:59,387 --> 00:26:01,387
battery in atlanta.

819
00:26:01,689 --> 00:26:02,230
That was done about 10 years

820
00:26:02,230 --> 00:26:04,230
ago.

821
00:26:04,558 --> 00:26:08,158
It is today starting to generate

822
00:26:08,730 --> 00:26:09,497
significant tax revenue for cobb

823
00:26:09,497 --> 00:26:12,133
county, and it is important to

824
00:26:12,133 --> 00:26:14,302
recognize that these types of

825
00:26:14,302 --> 00:26:15,403
developments with surrounding

826
00:26:15,403 --> 00:26:17,380
ancillary buildings,

827
00:26:17,380 --> 00:26:19,140
development, are the type of

828
00:26:19,140 --> 00:26:20,141
model that many professional

829
00:26:20,141 --> 00:26:21,909
sports teams are looking at.

830
00:26:21,909 --> 00:26:22,977
And that's the model that we

831
00:26:22,977 --> 00:26:24,977
looked at here.

832
00:26:26,481 --> 00:26:29,217
Since the ballpark site does not

833
00:26:29,217 --> 00:26:31,386
create any ad valorem tax

834
00:26:31,386 --> 00:26:32,854
revenue today, all of the

835
00:26:32,854 --> 00:26:34,788
incentive based concepts that

836
00:26:34,788 --> 00:26:36,424
tom talked about and that we've

837
00:26:36,424 --> 00:26:38,960
negotiated in the agreement will

838
00:26:38,960 --> 00:26:41,280
generate dollars for not only

839
00:26:41,280 --> 00:26:43,765
the county but also the city and

840
00:26:43,765 --> 00:26:44,966
the cdd and I want to emphasize

841
00:26:44,966 --> 00:26:47,268
that that's a public entity and

842
00:26:47,268 --> 00:26:48,369
they are subject to are the

843
00:26:48,369 --> 00:26:48,770
public -- all the public records

844
00:26:48,770 --> 00:26:49,571
laws.

845
00:26:49,571 --> 00:26:51,873
They have a governing board and

846
00:26:51,873 --> 00:26:55,760
all of their, all of their

847
00:26:55,760 --> 00:26:55,544
actions are subject to public

848
00:26:55,544 --> 00:26:57,379
scrutiny.

849
00:26:57,379 --> 00:26:58,146
Bond validation is an important

850
00:26:58,146 --> 00:27:00,115
component of this.

851
00:27:00,115 --> 00:27:02,851
we want to make sure that the

852
00:27:02,851 --> 00:27:04,752
courts look at the proposed deal

853
00:27:04,752 --> 00:27:05,820
and bless it so that everything

854
00:27:05,820 --> 00:27:08,220
can be moved forward.

855
00:27:08,222 --> 00:27:08,589
We don't want to have any loose

856
00:27:08,589 --> 00:27:09,891
nds.

857
00:27:09,891 --> 00:27:11,860
If there might be a question

858
00:27:11,860 --> 00:27:12,727
about whether some of the

859
00:27:12,727 --> 00:27:14,228
financial are

860
00:27:14,228 --> 00:27:14,896
s are able to be used

861
00:27:14,896 --> 00:27:16,896
for this project.

862
00:27:17,866 --> 00:27:20,502
The ballpark design is to be

863
00:27:20,502 --> 00:27:22,804
mutually agreed by the city, the

864
00:27:22,804 --> 00:27:24,139
county, and the tampa sports

865
00:27:24,139 --> 00:27:25,673
authority with the rays.

866
00:27:25,673 --> 00:27:26,274
I think that's an incredibly

867
00:27:26,274 --> 00:27:27,409
important point.

868
00:27:27,409 --> 00:27:30,780
We've spent significant time on

869
00:27:30,780 --> 00:27:32,381
that concept, and we are going

870
00:27:32,381 --> 00:27:34,349
to have a joint conversation

871
00:27:34,349 --> 00:27:35,884
about the features and amenities

872
00:27:35,884 --> 00:27:37,318
contained in the ballpark,

873
00:27:37,318 --> 00:27:38,420
specifically the public areas

874
00:27:38,420 --> 00:27:40,822
because we think that that's

875
00:27:40,822 --> 00:27:43,822
important that public dollars go

876
00:27:44,326 --> 00:27:46,628
to support the public areas of

877
00:27:46,628 --> 00:27:48,628
the proposed ballpark.

878
00:27:49,300 --> 00:27:50,899
I know with certainty that tsa,

879
00:27:50,899 --> 00:27:52,201
the county and the city are

880
00:27:52,201 --> 00:27:53,135
going to be looking at value

881
00:27:53,135 --> 00:27:54,303
engineering along with the rays

882
00:27:54,303 --> 00:27:56,839
to try and reduce the cost.

883
00:27:56,839 --> 00:27:59,700
We have not yet seen formal

884
00:27:59,700 --> 00:28:00,542
blueprints, but we are confident

885
00:28:00,542 --> 00:28:00,976
that there is probably some cost

886
00:28:00,976 --> 00:28:02,770
savings.

887
00:28:02,770 --> 00:28:04,380
I can't give you a magnitude

888
00:28:04,380 --> 00:28:07,980
right now, but I'm certain that

889
00:28:08,117 --> 00:28:08,684
tsa will look at that very, very

890
00:28:08,684 --> 00:28:10,684
closely.

891
00:28:11,620 --> 00:28:14,123
The public areas are nontaxable.

892
00:28:14,123 --> 00:28:14,690
Private areas pay ad valorem

893
00:28:14,690 --> 00:28:16,690
taxes.

894
00:28:16,926 --> 00:28:18,894
The county owns the ballpark and

895
00:28:18,894 --> 00:28:19,528
the ground under it after

896
00:28:19,528 --> 00:28:21,528
construction.

897
00:28:21,830 --> 00:28:25,701
I do want to emphasize one other

898
00:28:25,701 --> 00:28:27,169
point, that the rays have agreed

899
00:28:27,169 --> 00:28:28,204
to cover all cost over runs.

900
00:28:28,204 --> 00:28:32,404
So even after all of this, if

901
00:28:32,508 --> 00:28:33,408
there are additional costs that

902
00:28:33,408 --> 00:28:34,143
related toot construction of the

903
00:28:34,143 --> 00:28:36,543
stadium, the rays are

904
00:28:38,447 --> 00:28:40,148
responsible for that.

905
00:28:40,148 --> 00:28:42,117
There is a 35-year license and

906
00:28:42,117 --> 00:28:44,953
use agreement, and they have

907
00:28:44,953 --> 00:28:45,421
five three-year options to

908
00:28:45,421 --> 00:28:47,421
extend.

909
00:28:47,923 --> 00:28:50,660
The rays are going to pay

910
00:28:50,660 --> 00:28:51,127
$40 million annual rent with cip

911
00:28:51,127 --> 00:28:52,728
adjustments.

912
00:28:52,728 --> 00:28:55,364
As tom indicated earlier, tat

913
00:28:55,364 --> 00:28:56,999
is a significant revenue source

914
00:28:56,999 --> 00:28:59,202
that we believe helps offset the

915
00:28:59,202 --> 00:29:00,403
initial county investment.

916
00:29:00,403 --> 00:29:01,738
There's a nonrelocation

917
00:29:01,738 --> 00:29:04,373
agreement that requires the rays

918
00:29:04,373 --> 00:29:04,974
to play their own games in

919
00:29:04,974 --> 00:29:06,809
hillsborough county throughout

920
00:29:06,809 --> 00:29:09,111
the term of the agreement.

921
00:29:09,111 --> 00:29:10,646
There is a guarantee agreement

922
00:29:10,646 --> 00:29:11,113
that requires the rays to

923
00:29:11,113 --> 00:29:12,948
perform.

924
00:29:12,948 --> 00:29:14,784
So all of the things that

925
00:29:14,784 --> 00:29:17,220
they've said financially and all

926
00:29:17,220 --> 00:29:18,855
of the conditions precedent that

927
00:29:18,855 --> 00:29:20,390
I know our county attorney will

928
00:29:20,390 --> 00:29:22,658
talk about after I'm done, all

929
00:29:22,658 --> 00:29:24,494
of those are required for the

930
00:29:24,494 --> 00:29:26,329
rays to perform.

931
00:29:26,329 --> 00:29:27,897
There is no city or county

932
00:29:27,897 --> 00:29:28,430
obligation to pursue alternate

933
00:29:28,430 --> 00:29:29,732
funding sources.

934
00:29:29,732 --> 00:29:32,132
We think that's critical.

935
00:29:32,268 --> 00:29:33,103
There MAY be something that for

936
00:29:33,103 --> 00:29:33,903
whatever reason falls through

937
00:29:33,903 --> 00:29:35,903
the cracks.

938
00:29:37,440 --> 00:29:39,800
We don't think that's likely,

939
00:29:39,800 --> 00:29:39,742
but at this stage we want to be

940
00:29:39,742 --> 00:29:40,744
absolutely sure that we're not

941
00:29:40,744 --> 00:29:41,845
on the hook for finding

942
00:29:41,845 --> 00:29:44,245
additional funding if something

943
00:29:45,150 --> 00:29:48,150
like that were to happen.

944
00:29:48,350 --> 00:29:51,855
The county MAY choose to reduce

945
00:29:51,855 --> 00:29:54,691
the final payment if the state

946
00:29:54,691 --> 00:29:55,892
that does not follow through on

947
00:29:55,892 --> 00:29:57,270
its $100 million commitment for

948
00:29:57,270 --> 00:29:58,227
lithia pinecrest.

949
00:29:58,227 --> 00:30:00,197
We think that's a remote

950
00:30:00,197 --> 00:30:02,165
possibility, but we want to be

951
00:30:02,165 --> 00:30:03,266
absolutely sure our job is to

952
00:30:03,266 --> 00:30:04,167
protect the county and the

953
00:30:04,167 --> 00:30:05,835
county taxpayers so that we can

954
00:30:05,835 --> 00:30:08,405
make sure that those dollars if

955
00:30:08,405 --> 00:30:10,873
they don't come through to cit

956
00:30:10,873 --> 00:30:11,575
and offset some of our other cit

957
00:30:11,575 --> 00:30:13,777
contributions, we have a

958
00:30:13,777 --> 00:30:16,512
mechanism in place to hold back

959
00:30:16,512 --> 00:30:17,647
some of the dollars.

960
00:30:17,647 --> 00:30:18,949
Mentioned earlier, there is a

961
00:30:18,949 --> 00:30:21,349
community benefits agreement, no

962
00:30:22,180 --> 00:30:22,485
less than 65% will go to the

963
00:30:22,485 --> 00:30:23,453
county.

964
00:30:23,453 --> 00:30:25,880
And finally, ballpark

965
00:30:25,880 --> 00:30:27,488
construction will follow public

966
00:30:28,825 --> 00:30:30,460
procurement law.

967
00:30:30,460 --> 00:30:31,328
There are three agreements

968
00:30:31,328 --> 00:30:33,328
before you.

969
00:30:34,397 --> 00:30:34,865
These are the foundational

970
00:30:34,865 --> 00:30:35,799
documents.

971
00:30:35,799 --> 00:30:39,399
They are necessary for us to

972
00:30:40,370 --> 00:30:41,471
have the following agreements

973
00:30:41,471 --> 00:30:43,871
formalized and we're still

974
00:30:43,874 --> 00:30:44,941
working on those.

975
00:30:44,941 --> 00:30:46,343
But these three that are before

976
00:30:46,343 --> 00:30:47,244
you today, I know the county

977
00:30:47,244 --> 00:30:49,246
attorney will talk more in

978
00:30:49,246 --> 00:30:51,882
detail about them, these are the

979
00:30:51,882 --> 00:30:53,417
foundational pieces that we

980
00:30:53,417 --> 00:30:55,519
absolutely if the board feels

981
00:30:55,519 --> 00:30:57,254
like this project is something

982
00:30:57,254 --> 00:30:59,589
that we need to have in our

983
00:30:59,589 --> 00:31:01,392
community, we have to have your

984
00:31:01,392 --> 00:31:02,426
ascent to approve these and then

985
00:31:02,426 --> 00:31:04,940
move forward.

986
00:31:04,940 --> 00:31:05,829
So we'll be looking for that

987
00:31:05,829 --> 00:31:06,297
during your discussion and

988
00:31:06,297 --> 00:31:07,598
direction.

989
00:31:07,598 --> 00:31:10,134
With that I'll turn it over to

990
00:31:10,134 --> 00:31:12,534
julia and following julia's

991
00:31:13,103 --> 00:31:14,972
comments, tom and I and julia

992
00:31:14,972 --> 00:31:16,807
and county administrator will

993
00:31:16,807 --> 00:31:18,375
all be available for questions.

994
00:31:18,375 --> 00:31:19,710
>> thank you very much.

995
00:31:19,710 --> 00:31:21,145
And I believe -- greg and tom

996
00:31:21,145 --> 00:31:22,847
did a really excellent job going

997
00:31:22,847 --> 00:31:23,313
through the highlights of the

998
00:31:23,313 --> 00:31:24,281
agreement.

999
00:31:24,281 --> 00:31:25,750
It's obviously a very dense

1000
00:31:25,750 --> 00:31:28,151
agreement with a lot of legal

1001
00:31:28,151 --> 00:31:29,352
stuff in it, but I think it's

1002
00:31:29,352 --> 00:31:31,352
important that everybody

1003
00:31:32,155 --> 00:31:34,425
understands that we through this

1004
00:31:34,425 --> 00:31:36,627
process wanted to ensure that

1005
00:31:36,627 --> 00:31:37,962
the document protected the

1006
00:31:37,962 --> 00:31:40,998
county and the city as well as

1007
00:31:40,998 --> 00:31:42,990
our partner in order to ensure

1008
00:31:42,990 --> 00:31:43,401
that we were moving forward

1009
00:31:43,401 --> 00:31:45,570
through this process with a

1010
00:31:45,570 --> 00:31:46,937
document that we could live with

1011
00:31:46,937 --> 00:31:47,838
and could recommend.

1012
00:31:47,838 --> 00:31:50,207
I'm going to just go through

1013
00:31:50,207 --> 00:31:53,945
some of the other kind of higher

1014
00:31:53,945 --> 00:31:55,790
points and not belabor them, but

1015
00:31:55,790 --> 00:31:55,580
certainly can be available for

1016
00:31:55,580 --> 00:31:57,580
any questions.

1017
00:31:58,315 --> 00:31:59,817
The financial pieces have been

1018
00:31:59,817 --> 00:32:01,386
discussed and how those are

1019
00:32:01,386 --> 00:32:02,352
going to work, but I do think it

1020
00:32:02,352 --> 00:32:02,853
kind of runs into three

1021
00:32:02,853 --> 00:32:04,853
tranches.

1022
00:32:05,122 --> 00:32:05,623
One is the county's

1023
00:32:05,623 --> 00:32:06,524
contribution.

1024
00:32:06,524 --> 00:32:07,570
The second is the city's

1025
00:32:07,570 --> 00:32:09,570
contribution.

1026
00:32:09,494 --> 00:32:10,270
The third is the team's

1027
00:32:10,270 --> 00:32:12,270
contribution.

1028
00:32:12,300 --> 00:32:15,200
And then the piece related to

1029
00:32:15,200 --> 00:32:16,501
the cdd and how that will be set

1030
00:32:16,501 --> 00:32:17,702
up.

1031
00:32:17,702 --> 00:32:21,302
Procedurally for the cdd to be

1032
00:32:21,306 --> 00:32:21,906
set up a couple things are going

1033
00:32:21,906 --> 00:32:22,907
to need to happen.

1034
00:32:22,907 --> 00:32:24,909
We're going to have to create

1035
00:32:24,909 --> 00:32:28,246
what's called a home rule tif,

1036
00:32:28,246 --> 00:32:28,680
and that's set forth in the

1037
00:32:28,680 --> 00:32:30,215
agreement.

1038
00:32:30,215 --> 00:32:31,616
We're going to have to have a

1039
00:32:31,616 --> 00:32:33,785
cdd created, and I know many of

1040
00:32:33,785 --> 00:32:34,786
you are familiar with CDDs as

1041
00:32:34,786 --> 00:32:35,953
we create them dmt county as

1042
00:32:35,953 --> 00:32:36,387
well, and those are governmental

1043
00:32:36,387 --> 00:32:38,387
entities.

1044
00:32:38,390 --> 00:32:39,591
And then there will have to be

1045
00:32:39,591 --> 00:32:41,559
an interlocal agreement that is

1046
00:32:41,559 --> 00:32:44,462
between the cdd, the city, and

1047
00:32:44,462 --> 00:32:45,796
the county for the funds, the ad

1048
00:32:45,796 --> 00:32:49,396
valorem funds that are in what

1049
00:32:49,467 --> 00:32:51,202
you will see as exhibit e that

1050
00:32:51,202 --> 00:32:52,671
describes how those funds will

1051
00:32:52,671 --> 00:32:53,505
occur, how those will be

1052
00:32:53,505 --> 00:32:54,439
transferred to the cdd.

1053
00:32:54,439 --> 00:32:57,442
I think it's very important to

1054
00:32:57,442 --> 00:33:00,442
understand that the cdd is

1055
00:33:00,846 --> 00:33:02,280
governed by state statute.

1056
00:33:02,280 --> 00:33:03,181
So how those funds can

1057
00:33:03,181 --> 00:33:05,250
ultimately be spent through the

1058
00:33:05,250 --> 00:33:07,850
project will have to be in line

1059
00:33:07,850 --> 00:33:10,850
with the statutory provisions of

1060
00:33:10,321 --> 00:33:11,657
the cdd, and we will also have

1061
00:33:11,657 --> 00:33:14,570
further opportunity to govern

1062
00:33:16,228 --> 00:33:17,696
those through an interlocal

1063
00:33:17,696 --> 00:33:18,964
agreement and that of course

1064
00:33:18,964 --> 00:33:19,597
will come later but that is how

1065
00:33:19,597 --> 00:33:21,366
it is set up.

1066
00:33:21,366 --> 00:33:25,566
The other piece I wanted to note

1067
00:33:25,604 --> 00:33:26,405
to you is that these different

1068
00:33:26,405 --> 00:33:27,406
contributions that we're going

1069
00:33:27,406 --> 00:33:30,800
through, some of them will be

1070
00:33:30,800 --> 00:33:32,211
bonded, and those will require a

1071
00:33:32,211 --> 00:33:33,545
bonding resolution.

1072
00:33:33,545 --> 00:33:34,712
However, all of the pieces of

1073
00:33:34,712 --> 00:33:37,712
this, the financial pieces of

1074
00:33:39,840 --> 00:33:40,719
this will be obligated to go

1075
00:33:40,719 --> 00:33:41,953
through a bond validation

1076
00:33:41,953 --> 00:33:43,953
proceeding in court.

1077
00:33:44,623 --> 00:33:46,570
And so that is a condition

1078
00:33:46,570 --> 00:33:46,925
precedent to us funding any of

1079
00:33:46,925 --> 00:33:48,925
this money.

1080
00:33:48,993 --> 00:33:50,362
It will have to go through that

1081
00:33:50,362 --> 00:33:52,631
process, although it is a

1082
00:33:52,631 --> 00:33:54,500
process that can be expedited.

1083
00:33:54,500 --> 00:33:56,368
It will take some period of

1084
00:33:56,368 --> 00:33:57,503
time, the team is aware of that,

1085
00:33:57,503 --> 00:33:59,237
and they understand that that is

1086
00:33:59,237 --> 00:34:02,730
something that will be obligated

1087
00:34:02,730 --> 00:34:02,975
for us to proceed forward.

1088
00:34:02,975 --> 00:34:04,510
There was a number of questions

1089
00:34:04,510 --> 00:34:07,510
through this process as it

1090
00:34:07,879 --> 00:34:09,214
related to the, our use of the

1091
00:34:09,214 --> 00:34:10,115
cit funds I had provided

1092
00:34:10,115 --> 00:34:11,984
previously those legal opinions

1093
00:34:11,984 --> 00:34:13,518
that we've received, however, I

1094
00:34:13,518 --> 00:34:14,954
anticipate that those issues

1095
00:34:14,954 --> 00:34:16,222
will come up through a bond

1096
00:34:16,222 --> 00:34:17,323
validation proceeding, and if

1097
00:34:17,323 --> 00:34:19,325
there is any appeals to those,

1098
00:34:19,325 --> 00:34:20,126
they go to directly to the

1099
00:34:20,126 --> 00:34:21,660
supreme court.

1100
00:34:21,660 --> 00:34:22,994
But I think it's important for

1101
00:34:22,994 --> 00:34:23,929
everybody to know the money

1102
00:34:23,929 --> 00:34:25,397
can't start right away.

1103
00:34:25,397 --> 00:34:26,265
It's not like we're writing a

1104
00:34:26,265 --> 00:34:27,466
check tomorrow.

1105
00:34:27,466 --> 00:34:28,801
These things have to go through

1106
00:34:28,801 --> 00:34:30,769
the process.

1107
00:34:30,769 --> 00:34:33,710
In addition to the bond

1108
00:34:33,710 --> 00:34:35,471
validation proceeding being a

1109
00:34:35,708 --> 00:34:36,842
condition precedent, there is

1110
00:34:36,842 --> 00:34:39,242
numerous condition precedence to

1111
00:34:42,514 --> 00:34:42,949
us putting one dime into this

1112
00:34:42,949 --> 00:34:44,216
project.

1113
00:34:44,216 --> 00:34:45,351
I think there is about 28 of

1114
00:34:45,351 --> 00:34:49,121
them, but the ones that I will

1115
00:34:49,121 --> 00:34:50,355
highlight for you are the ones

1116
00:34:50,355 --> 00:34:51,591
related to the city's got to

1117
00:34:51,591 --> 00:34:53,459
have their money.

1118
00:34:53,459 --> 00:34:54,827
We have to put our money in, and

1119
00:34:54,827 --> 00:34:56,295
the team has to put their money

1120
00:34:56,295 --> 00:34:56,963
into what will be a construction

1121
00:34:56,963 --> 00:34:58,963
trust fund.

1122
00:34:59,165 --> 00:35:00,466
And that will be governed by a

1123
00:35:00,466 --> 00:35:01,934
separate agreement.

1124
00:35:01,934 --> 00:35:03,135
All of the agreements, not just

1125
00:35:03,135 --> 00:35:04,636
the agreements that are in front

1126
00:35:04,636 --> 00:35:07,636
`of you today, which are

1127
00:35:08,607 --> 00:35:09,909
inclusive of the, the funding

1128
00:35:09,909 --> 00:35:11,909
agreement, the guarantee

1129
00:35:12,212 --> 00:35:14,800
agreement, and the nonrelocation

1130
00:35:14,800 --> 00:35:15,648
agreement, the other agreements

1131
00:35:15,648 --> 00:35:18,648
that were discussed that greg

1132
00:35:19,285 --> 00:35:20,152
discussed with you, the use

1133
00:35:20,152 --> 00:35:21,921
agreement, all of these

1134
00:35:21,921 --> 00:35:23,723
interlocal agreements with the

1135
00:35:23,723 --> 00:35:27,323
cdd, the change, the creation of

1136
00:35:27,394 --> 00:35:29,194
a home rule tif, the ability to

1137
00:35:29,194 --> 00:35:31,464
have that interlocal agreement

1138
00:35:31,464 --> 00:35:34,234
with the cdd, all of those

1139
00:35:34,234 --> 00:35:34,867
things have to acr prior to

1140
00:35:34,867 --> 00:35:36,435
funding.

1141
00:35:36,435 --> 00:35:39,606
So those are other steps that

1142
00:35:39,606 --> 00:35:40,400
will come forward in this

1143
00:35:40,400 --> 00:35:41,574
process.

1144
00:35:41,574 --> 00:35:42,808
And I also want to note that,

1145
00:35:42,808 --> 00:35:45,545
and I've seen lot of questions

1146
00:35:45,545 --> 00:35:47,413
about this, the financial

1147
00:35:47,413 --> 00:35:48,748
capability of the team, there

1148
00:35:48,748 --> 00:35:51,500
are two entities that you've

1149
00:35:51,500 --> 00:35:52,419
seen in these documents.

1150
00:35:52,419 --> 00:35:53,719
One is hold co which is

1151
00:35:53,719 --> 00:35:56,719
basically the parent company or

1152
00:35:57,356 --> 00:35:59,659
the parent funding of the, the

1153
00:35:59,659 --> 00:36:01,628
team, and then stag co and team

1154
00:36:01,628 --> 00:36:03,630
co, which are the separate

1155
00:36:03,630 --> 00:36:05,132
pieces of how they're running

1156
00:36:05,132 --> 00:36:06,133
their stadium operations.

1157
00:36:06,133 --> 00:36:07,134
And I'm not getting in the weeds

1158
00:36:07,134 --> 00:36:08,434
on that.

1159
00:36:08,434 --> 00:36:10,203
There's corporate -- corporate

1160
00:36:10,203 --> 00:36:11,637
governance that, that a lot of

1161
00:36:11,637 --> 00:36:14,874
folks can talk about, but I'm

1162
00:36:14,874 --> 00:36:15,876
trying to make it kind of simple

1163
00:36:15,876 --> 00:36:17,876
and clear.

1164
00:36:18,145 --> 00:36:20,814
They will have to provide us

1165
00:36:20,814 --> 00:36:23,450
both hold co and stag co and

1166
00:36:23,450 --> 00:36:24,985
team co, all of their financial

1167
00:36:24,985 --> 00:36:27,721
capability prior to us funding

1168
00:36:27,721 --> 00:36:29,756
in a manner acceptable to us.

1169
00:36:29,756 --> 00:36:30,624
That is a very specific part of

1170
00:36:30,624 --> 00:36:32,624
all of this.

1171
00:36:32,826 --> 00:36:35,228
You will also see that the team

1172
00:36:35,228 --> 00:36:37,970
guarantee is through hold co,

1173
00:36:37,970 --> 00:36:38,932
and one of the changes that I'm

1174
00:36:38,932 --> 00:36:40,667
going to be asking to be able to

1175
00:36:40,667 --> 00:36:42,102
make on that document is

1176
00:36:42,102 --> 00:36:43,537
something that the team has

1177
00:36:43,537 --> 00:36:46,537
agreed to on the guarantee

1178
00:36:46,740 --> 00:36:48,742
document, which says that that

1179
00:36:48,742 --> 00:36:49,977
funding mechanism and the

1180
00:36:49,977 --> 00:36:51,812
funding information will be

1181
00:36:51,812 --> 00:36:53,380
available to us at our request

1182
00:36:53,380 --> 00:36:55,249
through the life of the

1183
00:36:55,249 --> 00:36:55,649
guarantee, not just prior to

1184
00:36:55,649 --> 00:36:57,649
funding.

1185
00:36:57,952 --> 00:36:58,886
So we will have additional

1186
00:36:58,886 --> 00:37:00,521
opportunities throughout the

1187
00:37:00,521 --> 00:37:03,690
life of this agreement to be

1188
00:37:03,690 --> 00:37:04,191
able to ask for that

1189
00:37:04,191 --> 00:37:05,225
information.

1190
00:37:05,225 --> 00:37:06,894
Some of the other issues that I

1191
00:37:06,894 --> 00:37:08,763
think are really important and

1192
00:37:08,763 --> 00:37:11,763
critical and things that we've

1193
00:37:11,932 --> 00:37:14,167
seen relate to the comprehensive

1194
00:37:14,167 --> 00:37:15,469
plan and the entitlement ability

1195
00:37:15,469 --> 00:37:17,571
for them to proceed forward, not

1196
00:37:17,571 --> 00:37:19,540
just with the stadium, the

1197
00:37:19,540 --> 00:37:21,742
ballpark as it were, but also

1198
00:37:21,742 --> 00:37:22,943
with their mixed use development

1199
00:37:22,943 --> 00:37:24,312
and there was a point in time

1200
00:37:24,312 --> 00:37:25,112
there was a comprehensive plan

1201
00:37:25,112 --> 00:37:27,347
amendment that was pending in

1202
00:37:27,347 --> 00:37:30,117
front of the city of tampa that

1203
00:37:30,117 --> 00:37:30,585
was not transmitted to the

1204
00:37:30,585 --> 00:37:32,186
state.

1205
00:37:32,186 --> 00:37:34,550
There has been another comp plan

1206
00:37:34,550 --> 00:37:37,550
amendment that has been filed.

1207
00:37:37,424 --> 00:37:38,359
That comp plan amendment is

1208
00:37:38,359 --> 00:37:40,194
critical not just for the mixed

1209
00:37:40,194 --> 00:37:41,696
use development, but also for

1210
00:37:41,696 --> 00:37:42,396
inconstruction of the -- the

1211
00:37:42,396 --> 00:37:44,265
construction of the ballpark.

1212
00:37:44,265 --> 00:37:44,699
That will be a condition precede

1213
00:37:44,699 --> 00:37:46,534
pt

1214
00:37:46,534 --> 00:37:47,468
precedent of this as well, or

1215
00:37:47,468 --> 00:37:48,669
other opportunities for them to

1216
00:37:48,669 --> 00:37:50,671
develop without the comp plan

1217
00:37:50,671 --> 00:37:51,939
mendment but candidly, I don't

1218
00:37:51,939 --> 00:37:52,439
think that's a realistic

1219
00:37:52,439 --> 00:37:54,439
opportunity.

1220
00:37:56,777 --> 00:37:57,779
They were going to have to have

1221
00:37:57,779 --> 00:37:58,345
that as part of the agreement

1222
00:37:58,345 --> 00:38:00,345
set forward.

1223
00:38:01,149 --> 00:38:02,500
So that is set as a precedent of

1224
00:38:02,500 --> 00:38:02,750
the agreement as well as

1225
00:38:02,750 --> 00:38:03,484
receiving any permitting

1226
00:38:03,484 --> 00:38:04,918
opportunities that they will

1227
00:38:04,918 --> 00:38:06,320
need through whatever mechanisms

1228
00:38:06,320 --> 00:38:08,122
because it's college property,

1229
00:38:08,122 --> 00:38:09,556
they do have some ability to

1230
00:38:09,556 --> 00:38:11,559
permit through the college, but

1231
00:38:11,559 --> 00:38:15,159
that is dealt with within the

1232
00:38:15,430 --> 00:38:16,697
body of the agreement.

1233
00:38:16,697 --> 00:38:19,697
As it relates to the

1234
00:38:20,335 --> 00:38:21,469
nonrelocation agreement, we'll

1235
00:38:21,469 --> 00:38:24,472
ll -- there was a conversation

1236
00:38:24,472 --> 00:38:26,400
and a question about some other

1237
00:38:26,400 --> 00:38:28,109
cretters that MAY have --

1238
00:38:28,109 --> 00:38:29,440
creditors that MAY have some

1239
00:38:29,440 --> 00:38:29,544
rights to any of the assets of

1240
00:38:29,544 --> 00:38:31,544
the team.

1241
00:38:34,516 --> 00:38:35,583
We will be -- they will be

1242
00:38:35,583 --> 00:38:37,180
obligated to provide us evidence

1243
00:38:37,180 --> 00:38:38,553
that the nonrelocation agreement

1244
00:38:38,553 --> 00:38:38,987
can't be subrogated to another

1245
00:38:38,987 --> 00:38:40,987
entity.

1246
00:38:42,123 --> 00:38:43,910
It's a nuance, but one I think

1247
00:38:43,910 --> 00:38:43,758
is very important to point out

1248
00:38:43,758 --> 00:38:45,758
to you.

1249
00:38:46,327 --> 00:38:47,529
I did also want to note that

1250
00:38:47,529 --> 00:38:50,165
yesterday and many of you may

1251
00:38:50,165 --> 00:38:51,266
have watched the city of tampa

1252
00:38:51,266 --> 00:38:52,901
did approve the agreement.

1253
00:38:52,901 --> 00:38:54,970
It was quite a lengthy process

1254
00:38:54,970 --> 00:38:57,372
over there, and I did have the

1255
00:38:57,372 --> 00:38:58,774
opportunity to attend that

1256
00:38:58,774 --> 00:39:01,900
hearing and answer any questions

1257
00:39:01,900 --> 00:39:02,344
that might be necessary as it

1258
00:39:02,344 --> 00:39:04,479
related to the county.

1259
00:39:04,479 --> 00:39:05,714
The city of tampa did make a few

1260
00:39:05,714 --> 00:39:08,216
tweaks to the agreement that we

1261
00:39:08,216 --> 00:39:08,717
will need to make to our

1262
00:39:08,717 --> 00:39:09,851
agreement.

1263
00:39:09,851 --> 00:39:11,386
The two most specific tweaks

1264
00:39:11,386 --> 00:39:13,287
that they made related -- and

1265
00:39:13,287 --> 00:39:14,355
they all related to their issues

1266
00:39:14,355 --> 00:39:16,355
not our issues.

1267
00:39:16,858 --> 00:39:19,494
But related to their $80 million

1268
00:39:19,494 --> 00:39:22,231
and that they would have the

1269
00:39:22,231 --> 00:39:24,299
opportunity to have that

1270
00:39:24,299 --> 00:39:25,967
$80 million paid out on a

1271
00:39:25,967 --> 00:39:27,603
reimbursement basis as well as a

1272
00:39:27,603 --> 00:39:29,805
provision in the agreement that

1273
00:39:29,805 --> 00:39:31,406
says that they were not, that by

1274
00:39:31,406 --> 00:39:33,442
virtue of the agreement, we

1275
00:39:33,442 --> 00:39:35,770
weren't agreeing to their deal,

1276
00:39:35,770 --> 00:39:36,812
and we're not agreeing to our

1277
00:39:36,812 --> 00:39:38,881
deal that we're standing alone

1278
00:39:38,881 --> 00:39:39,548
in this, but that, I shouldn't

1279
00:39:39,548 --> 00:39:40,749
say agreeing.

1280
00:39:40,749 --> 00:39:42,584
They weren't blessing our deal,

1281
00:39:42,584 --> 00:39:43,485
and we aren't blessing their

1282
00:39:43,485 --> 00:39:44,619
deal.

1283
00:39:44,619 --> 00:39:45,787
That, we're, we're coming

1284
00:39:45,787 --> 00:39:47,456
together on this, but they

1285
00:39:47,456 --> 00:39:49,391
wanted to make sure that there

1286
00:39:49,391 --> 00:39:51,260
was some separation there.

1287
00:39:51,260 --> 00:39:52,227
Those are as part of any motion

1288
00:39:52,227 --> 00:39:53,228
that you might make if you

1289
00:39:53,228 --> 00:39:55,196
respect to proceed forward I

1290
00:39:55,196 --> 00:39:57,499
would need authority to true up

1291
00:39:57,499 --> 00:39:58,734
those two agreements in order to

1292
00:39:58,734 --> 00:40:00,435
proceed forward.

1293
00:40:00,435 --> 00:40:01,937
I did also want to note that

1294
00:40:01,937 --> 00:40:02,437
scott steady the city attorney a

1295
00:40:02,437 --> 00:40:04,437
is

1296
00:40:06,208 --> 00:40:08,377
attorneyis in attendance as well as

1297
00:40:08,377 --> 00:40:09,912
chief of staff john bennett and

1298
00:40:09,912 --> 00:40:11,447
city cfo dennis roharrow if you

1299
00:40:11,447 --> 00:40:12,447
have any questions of them as it

1300
00:40:12,447 --> 00:40:14,830
relates to the city's part of

1301
00:40:14,830 --> 00:40:15,384
this or any of the other

1302
00:40:15,384 --> 00:40:16,552
questions or alignments that

1303
00:40:16,552 --> 00:40:18,154
we've had, they have been

1304
00:40:18,154 --> 00:40:19,822
wonderful partners.

1305
00:40:19,822 --> 00:40:21,891
I got to go home a little bit

1306
00:40:21,891 --> 00:40:23,250
yesterday to my old haunting

1307
00:40:23,250 --> 00:40:24,559
grounds to spend am time with

1308
00:40:24,559 --> 00:40:25,595
them, and it was -- some time

1309
00:40:25,595 --> 00:40:26,194
with them, and it was an

1310
00:40:26,194 --> 00:40:27,430
interesting experience, but I

1311
00:40:27,430 --> 00:40:29,980
have to tell you tled me to

1312
00:40:29,980 --> 00:40:32,980
realize that I absolutely adore

1313
00:40:32,834 --> 00:40:33,903
being here.

1314
00:40:33,903 --> 00:40:37,439
So I felt compelled to say that

1315
00:40:37,439 --> 00:40:39,308
for the record.

1316
00:40:39,308 --> 00:40:40,643
No offense to my city friends.

1317
00:40:40,643 --> 00:40:41,744
The final thing I did want to

1318
00:40:41,744 --> 00:40:43,120
point out and I should've

1319
00:40:43,120 --> 00:40:46,150
pointed it out earlier has to do

1320
00:40:46,150 --> 00:40:46,749
with the process of an owner's

1321
00:40:46,749 --> 00:40:48,851
rep through the construction

1322
00:40:48,851 --> 00:40:49,585
process and tsa has also been an

1323
00:40:49,585 --> 00:40:50,953
mazing partner.

1324
00:40:50,953 --> 00:40:52,870
Eric hart is here as well.

1325
00:40:52,870 --> 00:40:53,723
I've had the chance to work with

1326
00:40:53,723 --> 00:40:55,791
him very closely on some of

1327
00:40:55,791 --> 00:40:57,791
these provisions.

1328
00:40:59,529 --> 00:41:00,730
While there will be an owner's

1329
00:41:00,730 --> 00:41:01,664
rep that will have robest

1330
00:41:01,664 --> 00:41:03,266
engagement in this process and

1331
00:41:03,266 --> 00:41:04,767
what we have also added into

1332
00:41:04,767 --> 00:41:05,235
this agreement is a project

1333
00:41:05,235 --> 00:41:06,336
newterous

1334
00:41:06,336 --> 00:41:07,503
neutral process.

1335
00:41:07,503 --> 00:41:08,404
It's a process we have used with

1336
00:41:08,404 --> 00:41:11,507
other sports teams that as we go

1337
00:41:11,507 --> 00:41:12,800
through the process of we are

1338
00:41:12,800 --> 00:41:13,176
owner's rep

1339
00:41:13,176 --> 00:41:14,243
rep doesn't agree with

1340
00:41:14,243 --> 00:41:15,445
something the rays have proposed

1341
00:41:15,445 --> 00:41:17,947
and something that we can't just

1342
00:41:17,947 --> 00:41:18,615
work out our sblgz, there's --

1343
00:41:18,615 --> 00:41:21,150
ourselves, there is an

1344
00:41:21,484 --> 00:41:22,786
opportunity to go through an

1345
00:41:22,786 --> 00:41:24,320
expedited project neutral kind

1346
00:41:24,320 --> 00:41:25,555
of arbitrary process, and

1347
00:41:25,555 --> 00:41:28,555
that -- arbitrator process and

1348
00:41:28,958 --> 00:41:30,860
that way we're able to get to a

1349
00:41:30,860 --> 00:41:32,495
process to find some comfort to

1350
00:41:32,495 --> 00:41:33,897
what the final decisions are as

1351
00:41:33,897 --> 00:41:36,320
opposed to being something the

1352
00:41:36,320 --> 00:41:37,567
team can say yes or no to.

1353
00:41:37,567 --> 00:41:37,800
It's not a question of veto

1354
00:41:37,800 --> 00:41:39,569
power.

1355
00:41:39,569 --> 00:41:40,970
It's a question of having a

1356
00:41:40,970 --> 00:41:42,973
partnership on a building that

1357
00:41:42,973 --> 00:41:45,973
we have put extensive resources

1358
00:41:47,477 --> 00:41:48,878
in and that we want to see be an

1359
00:41:48,878 --> 00:41:50,313
excellent example of a type of

1360
00:41:50,313 --> 00:41:51,214
facility that we can be proud of

1361
00:41:51,214 --> 00:41:53,182
much like we're proud of the

1362
00:41:53,182 --> 00:41:55,685
other facilities that we have.

1363
00:41:55,685 --> 00:41:57,887
So with that, I will end my

1364
00:41:57,887 --> 00:42:00,887
boring diatribe of the legal

1365
00:42:00,991 --> 00:42:01,458
nuances and happy to answer any

1366
00:42:01,458 --> 00:42:01,992
questions.

1367
00:42:01,992 --> 00:42:03,559
>> ken hagan: thank you.

1368
00:42:03,559 --> 00:42:04,695
I'm sure there will be questions

1369
00:42:04,695 --> 00:42:06,496
for staff, and I'd ask board

1370
00:42:06,496 --> 00:42:08,131
members to reserve those for

1371
00:42:08,131 --> 00:42:10,131
during board discussion.

1372
00:42:10,199 --> 00:42:10,667
We'll go into public comment

1373
00:42:10,667 --> 00:42:12,502
now.

1374
00:42:12,502 --> 00:42:13,503
The board welcomes comments from

1375
00:42:13,503 --> 00:42:15,706
citizens, your opinions have

1376
00:42:15,706 --> 00:42:17,390
valued in terms of providing

1377
00:42:17,390 --> 00:42:19,439
valuable ifpet to board

1378
00:42:20,777 --> 00:42:21,378
input to board members.

1379
00:42:21,378 --> 00:42:21,978
However at the same time it is

1380
00:42:21,978 --> 00:42:23,313
requested when you address the

1381
00:42:23,313 --> 00:42:24,214
board that comments are not

1382
00:42:24,214 --> 00:42:24,848
directly personally at

1383
00:42:24,848 --> 00:42:26,820
commissioners or staff but

1384
00:42:26,820 --> 00:42:27,717
rather the issues.

1385
00:42:27,717 --> 00:42:29,586
I know there are passionate

1386
00:42:29,586 --> 00:42:29,987
feelings on both sides to this

1387
00:42:29,987 --> 00:42:31,987
issue.

1388
00:42:33,123 --> 00:42:34,525
I am going to ask everyone to

1389
00:42:34,525 --> 00:42:37,261
please be civil and respectful

1390
00:42:37,261 --> 00:42:37,695
to those speaking during public

1391
00:42:37,695 --> 00:42:39,563
comment.

1392
00:42:39,563 --> 00:42:40,897
The chair will call on speakers

1393
00:42:40,897 --> 00:42:42,332
by name in the order chin their

1394
00:42:42,332 --> 00:42:44,200
request to speak -- in which

1395
00:42:44,200 --> 00:42:44,468
their request to speak have been

1396
00:42:44,468 --> 00:42:45,569
received.

1397
00:42:45,569 --> 00:42:47,237
Whendriesing the board please

1398
00:42:47,237 --> 00:42:49,206
state -- when addressing the

1399
00:42:49,206 --> 00:42:50,407
board, please speak clearly and

1400
00:42:50,407 --> 00:42:50,907
say your name into the

1401
00:42:50,907 --> 00:42:51,942
microphone.

1402
00:42:51,942 --> 00:42:52,676
We have 55 individuals that have

1403
00:42:52,676 --> 00:42:54,378
signed up to speak, consistent

1404
00:42:54,378 --> 00:42:56,113
with how the board handles when

1405
00:42:56,113 --> 00:42:57,680
we have significant number of

1406
00:42:57,680 --> 00:42:59,183
speakers, I'd ask for a motion

1407
00:42:59,183 --> 00:43:01,583
for each speaker would

1408
00:43:01,952 --> 00:43:02,386
to be given two

1409
00:43:02,386 --> 00:43:03,386
minutes.

1410
00:43:03,386 --> 00:43:04,355
Motion, commissioner cohen,

1411
00:43:04,355 --> 00:43:06,355
second, commissioner myers.

1412
00:43:10,627 --> 00:43:12,730
Please record your vote.

1413
00:43:12,730 --> 00:43:13,931
>> motion carried 7-0.

1414
00:43:13,931 --> 00:43:14,932
>> ken hagan: okay, first three

1415
00:43:14,932 --> 00:43:16,233
speakers this morning.

1416
00:43:16,233 --> 00:43:17,668
Robert emerson.

1417
00:43:17,668 --> 00:43:20,668
Followed by michael marino, and

1418
00:43:28,246 --> 00:43:29,647
then karen jaroch.

1419
00:43:29,647 --> 00:43:30,800
Good morning.

1420
00:43:30,800 --> 00:43:31,382
>>> good morning.

1421
00:43:31,382 --> 00:43:33,251
Thank you.

1422
00:43:33,251 --> 00:43:34,485
I'm robbert emerson, I live in

1423
00:43:34,485 --> 00:43:36,485
apollo beach.

1424
00:43:38,890 --> 00:43:38,556
I'm humbled to, to give some

1425
00:43:38,556 --> 00:43:40,556
brief comments here.

1426
00:43:40,658 --> 00:43:41,526
I'm also humbled having to

1427
00:43:41,526 --> 00:43:43,526
follow tom fesler.

1428
00:43:44,262 --> 00:43:46,464
I feel like a singer trying to

1429
00:43:46,464 --> 00:43:46,931
follow sinatra here after tom's

1430
00:43:46,931 --> 00:43:48,931
comments.

1431
00:43:49,400 --> 00:43:51,800
But I'll be brief.

1432
00:43:53,604 --> 00:43:54,720
I'm here to argue against the

1433
00:43:54,720 --> 00:43:56,720
proposal.

1434
00:43:56,541 --> 00:43:58,943
The first reason is the optics

1435
00:43:58,943 --> 00:44:01,679
are so horribly bad, guys.

1436
00:44:01,679 --> 00:44:02,447
Like there's not enough money in

1437
00:44:02,447 --> 00:44:04,447
professional sports already.

1438
00:44:05,650 --> 00:44:06,351
The owners are all

1439
00:44:06,351 --> 00:44:08,351
multimultibillionaires.

1440
00:44:08,820 --> 00:44:09,520
The players are all

1441
00:44:09,520 --> 00:44:11,520
multimultimillionaires.

1442
00:44:11,756 --> 00:44:13,324
And to come to a hard pressed

1443
00:44:13,324 --> 00:44:16,270
taxpayer who's trying to save a

1444
00:44:16,270 --> 00:44:18,562
few dollars to buy a new bike

1445
00:44:18,562 --> 00:44:19,597
for his kids, the opticerize

1446
00:44:19,597 --> 00:44:20,565
just, just horrible.

1447
00:44:20,565 --> 00:44:22,534
Now I have no problem with

1448
00:44:22,534 --> 00:44:24,934
people making good money.

1449
00:44:26,104 --> 00:44:26,637
I've been accused of that myself

1450
00:44:26,637 --> 00:44:28,637
occasionally.

1451
00:44:30,675 --> 00:44:31,776
but it seems to me that the club

1452
00:44:31,776 --> 00:44:33,445
could finance this themselves

1453
00:44:33,445 --> 00:44:34,746
quite easily.

1454
00:44:34,746 --> 00:44:36,615
They could float a bond issue,

1455
00:44:36,615 --> 00:44:39,615
maybe 20, 30-year bond issue a

1456
00:44:41,353 --> 00:44:44,321
little bit low end of investment

1457
00:44:44,321 --> 00:44:45,723
grade, triple b, for a

1458
00:44:45,723 --> 00:44:47,325
coupon, maybe 7, 7 and

1459
00:44:47,325 --> 00:44:48,260
7.25%.

1460
00:44:48,260 --> 00:44:49,694
They could own the whole thing,

1461
00:44:49,694 --> 00:44:52,630
not have to come to the hard

1462
00:44:52,630 --> 00:44:54,630
pressed taxpayers.

1463
00:44:55,133 --> 00:44:57,133
Opticerize just terrible.

1464
00:44:57,135 --> 00:44:58,437
Second thought.

1465
00:44:58,437 --> 00:44:59,437
I am from philadelphia

1466
00:44:59,437 --> 00:45:00,305
originally, many years ago.

1467
00:45:00,305 --> 00:45:01,840
Some years ago.

1468
00:45:01,840 --> 00:45:03,742
We rebuilt our sports complex,

1469
00:45:03,742 --> 00:45:05,742
and it's great.

1470
00:45:06,812 --> 00:45:08,146
I like the proposed complex

1471
00:45:08,146 --> 00:45:10,449
here, and the philadelphia

1472
00:45:10,449 --> 00:45:12,217
complex was great.

1473
00:45:12,217 --> 00:45:14,286
Pleasant to go to.

1474
00:45:14,286 --> 00:45:16,855
But there's again, it's the

1475
00:45:16,855 --> 00:45:19,255
public financing that's the

1476
00:45:19,925 --> 00:45:22,327
problem, and also I've observed

1477
00:45:22,327 --> 00:45:24,727
closely with the philadelphia

1478
00:45:24,762 --> 00:45:27,162
experience for example, the

1479
00:45:28,834 --> 00:45:30,802
economic benefits are illusory.

1480
00:45:30,802 --> 00:45:31,236
Illusory is the word I would

1481
00:45:31,236 --> 00:45:31,403
use.

1482
00:45:31,403 --> 00:45:32,300
So.

1483
00:45:32,300 --> 00:45:32,504
>> ken hagan: thank you,

1484
00:45:32,504 --> 00:45:33,305
MR. Emerson.

1485
00:45:33,305 --> 00:45:33,739
>> I'm out of time.

1486
00:45:33,739 --> 00:45:34,339
Thanks.

1487
00:45:34,339 --> 00:45:34,973
>> ken hagan: appreciate the

1488
00:45:34,973 --> 00:45:36,208
comments, sir.

1489
00:45:36,208 --> 00:45:37,342
Michael marino.

1490
00:45:37,342 --> 00:45:39,177
Followed by karen jaroch and

1491
00:45:39,177 --> 00:45:40,278
then carmen edmonds.

1492
00:45:40,278 --> 00:45:40,813
>> good afternoon,

1493
00:45:40,813 --> 00:45:42,140
commissioners.

1494
00:45:42,140 --> 00:45:43,582
Michael marino, executive

1495
00:45:43,582 --> 00:45:44,717
director, westshore alliance.

1496
00:45:44,717 --> 00:45:47,860
We encourage you to support the

1497
00:45:47,860 --> 00:45:48,587
rays proposal for the potential

1498
00:45:48,587 --> 00:45:50,321
economic and infrastructure

1499
00:45:50,321 --> 00:45:50,689
impact in westshore and drew

1500
00:45:50,689 --> 00:45:52,224
park.

1501
00:45:52,224 --> 00:45:53,626
big projects need public-private

1502
00:45:53,626 --> 00:45:54,590
partnerships and policy and

1503
00:45:54,590 --> 00:45:55,594
funding.

1504
00:45:55,594 --> 00:45:56,928
In this case, you're turning

1505
00:45:56,928 --> 00:45:57,296
public land into taxable private

1506
00:45:57,296 --> 00:45:58,731
land.

1507
00:45:58,731 --> 00:46:00,198
It is the best way to get return

1508
00:46:00,198 --> 00:46:01,333
on the public's investment.

1509
00:46:01,333 --> 00:46:01,634
We encourage you to support this

1510
00:46:01,634 --> 00:46:03,202
project.

1511
00:46:03,202 --> 00:46:05,371
It deserves your support.

1512
00:46:05,371 --> 00:46:06,806
We look forward to burking

1513
00:46:06,806 --> 00:46:08,274
working with

1514
00:46:08,274 --> 00:46:10,242
you to make it successful for

1515
00:46:10,242 --> 00:46:11,900
all of hillsborough county thank

1516
00:46:11,900 --> 00:46:11,777
they

1517
00:46:11,777 --> 00:46:13,777
thank you.

1518
00:46:13,946 --> 00:46:15,147
>> ken hagan: thank you,

1519
00:46:15,147 --> 00:46:16,382
MR. Marino.

1520
00:46:16,382 --> 00:46:17,482
Karen jaroch,.

1521
00:46:17,482 --> 00:46:19,170
>> good morning, my name is

1522
00:46:19,170 --> 00:46:20,586
karen jaroch, I don't know if

1523
00:46:20,586 --> 00:46:22,586
the elmo's up.

1524
00:46:23,856 --> 00:46:25,240
But today we're going to finally

1525
00:46:25,240 --> 00:46:26,558
find out if we're going to

1526
00:46:26,558 --> 00:46:28,394
prepare for our winner here in

1527
00:46:28,394 --> 00:46:30,161
florida, which is hurricanes and

1528
00:46:30,161 --> 00:46:33,161
massive growth, or if we're

1529
00:46:33,366 --> 00:46:33,733
going sing and dance our cit

1530
00:46:33,733 --> 00:46:35,733
away.

1531
00:46:35,768 --> 00:46:36,903
Seven years ago, I used, my

1532
00:46:36,903 --> 00:46:37,770
husband and I used our savings

1533
00:46:37,770 --> 00:46:39,272
too

1534
00:46:39,272 --> 00:46:40,600
to buy property and start a

1535
00:46:40,600 --> 00:46:41,674
business in tampa.

1536
00:46:41,674 --> 00:46:42,207
The city didn't give us the

1537
00:46:42,207 --> 00:46:43,743
land.

1538
00:46:43,743 --> 00:46:45,511
We bought a suitable parcel that

1539
00:46:45,511 --> 00:46:46,713
was not already a college

1540
00:46:46,713 --> 00:46:49,113
campus, a tax collector's

1541
00:46:50,350 --> 00:46:51,117
office, or a law enforcement

1542
00:46:51,117 --> 00:46:52,510
headquarters: there's vacant

1543
00:46:52,510 --> 00:46:53,190
land next door from the city.

1544
00:46:53,190 --> 00:46:55,190
They

1545
00:46:56,288 --> 00:46:58,191
they didn't give it to us so we

1546
00:46:58,191 --> 00:46:59,325
could make a bigger project.

1547
00:46:59,325 --> 00:47:00,727
Our nest egg wasn't big enough

1548
00:47:00,727 --> 00:47:02,662
to complete the purchase, so we

1549
00:47:02,662 --> 00:47:04,497
had to refinance the funds

1550
00:47:04,497 --> 00:47:05,197
to come up with

1551
00:47:05,197 --> 00:47:07,567
the funds we needed.

1552
00:47:07,567 --> 00:47:08,201
The city and county didn't pay

1553
00:47:08,201 --> 00:47:10,690
half.

1554
00:47:10,690 --> 00:47:10,602
They didn't tax the

1555
00:47:10,602 --> 00:47:12,602
neighborhoods.

1556
00:47:12,938 --> 00:47:14,474
And when our roof fails, the

1557
00:47:14,474 --> 00:47:17,100
city's not going to come, the

1558
00:47:17,100 --> 00:47:17,910
county mafs' not going to come.

1559
00:47:17,910 --> 00:47:18,978
We're going to have to do.

1560
00:47:18,978 --> 00:47:19,979
This is the deal ordinary

1561
00:47:19,979 --> 00:47:22,480
businesses get, and we work hard

1562
00:47:22,480 --> 00:47:25,480
and we make it work.

1563
00:47:28,287 --> 00:47:31,887
I was looking at the deal.

1564
00:47:34,995 --> 00:47:36,463
This is the proposed property.

1565
00:47:36,463 --> 00:47:37,864
If you look at that closely, you

1566
00:47:37,864 --> 00:47:38,398
can see actually here's a better

1567
00:47:38,398 --> 00:47:40,398
picture of it.

1568
00:47:40,399 --> 00:47:42,368
You can see the campus here.

1569
00:47:42,368 --> 00:47:42,836
The hcc campus.

1570
00:47:42,836 --> 00:47:44,836
Oh, sorry.

1571
00:47:45,705 --> 00:47:46,720
You can see the hcc campus right

1572
00:47:46,720 --> 00:47:48,720
here.

1573
00:47:48,975 --> 00:47:51,844
It's hard to read the lines, but

1574
00:47:51,844 --> 00:47:54,280
you'll notice that that campus,

1575
00:47:54,280 --> 00:47:56,917
there's 122 acres, hcc is being

1576
00:47:56,917 --> 00:47:59,317
relegated to seven acres.

1577
00:47:59,753 --> 00:48:01,154
This outline here is the

1578
00:48:01,154 --> 00:48:03,154
ballpark.

1579
00:48:03,923 --> 00:48:04,691
We're upending the principle of

1580
00:48:04,691 --> 00:48:05,158
development should pay for

1581
00:48:05,158 --> 00:48:07,158
itself.

1582
00:48:08,328 --> 00:48:10,630
We're actually gifting them

1583
00:48:10,630 --> 00:48:11,300
about $250 million in valuable

1584
00:48:11,300 --> 00:48:13,300
land.

1585
00:48:16,870 --> 00:48:18,204
That's not being considered

1586
00:48:18,204 --> 00:48:18,906
here.

1587
00:48:18,906 --> 00:48:19,339
>> ken hagan: thanks,

1588
00:48:19,339 --> 00:48:20,840
MS. Jaroch.

1589
00:48:20,840 --> 00:48:21,508
Appreciate your comments.

1590
00:48:21,508 --> 00:48:23,100
Carmen edmonds.

1591
00:48:23,100 --> 00:48:23,877
>> I just want to say --

1592
00:48:23,877 --> 00:48:24,711
>> ken hagan: sorry, ma'am, your

1593
00:48:24,711 --> 00:48:25,679
time is --

1594
00:48:25,679 --> 00:48:26,547
>> we're going to know if we're

1595
00:48:26,547 --> 00:48:27,747
prepared for --

1596
00:48:27,747 --> 00:48:28,281
>> ken hagan: thank you,

1597
00:48:28,281 --> 00:48:30,281
MS. Hujoation.

1598
00:48:31,452 --> 00:48:33,452
Appreciate -- jaroch.

1599
00:48:33,519 --> 00:48:35,288
Carmen edmonds, sussanne

1600
00:48:35,288 --> 00:48:37,288
susan nicely,

1601
00:48:39,920 --> 00:48:40,394
cathy brown.

1602
00:48:40,394 --> 00:48:41,295
Good morning.

1603
00:48:41,295 --> 00:48:42,562
>> good morning, my name's

1604
00:48:42,562 --> 00:48:43,763
carmen edmonds.

1605
00:48:43,763 --> 00:48:44,431
I'm chair of the hillsborough

1606
00:48:44,431 --> 00:48:45,765
county republican party and we

1607
00:48:45,765 --> 00:48:47,301
voted again tuesday night at our

1608
00:48:47,301 --> 00:48:48,869
meeting to unanimously ask you

1609
00:48:48,869 --> 00:48:49,970
all to vote no on the taxpayer

1610
00:48:49,970 --> 00:48:50,404
money going towards a new

1611
00:48:50,404 --> 00:48:52,404
stadium.

1612
00:48:52,406 --> 00:48:55,406
I've also had over 300 people

1613
00:48:55,909 --> 00:48:57,277
email our county money asking no

1614
00:48:57,277 --> 00:49:00,214
county taxpayer money be used

1615
00:49:00,214 --> 00:49:02,850
for stadium and I also have a

1616
00:49:02,850 --> 00:49:03,984
video preloading saying no

1617
00:49:03,984 --> 00:49:04,652
taxpayer money should or would

1618
00:49:04,652 --> 00:49:06,652
we giewzed for

1619
00:49:09,560 --> 00:49:09,857
be used for a stadium.

1620
00:49:09,857 --> 00:49:10,924
>> ken hagan: I've stated on

1621
00:49:10,924 --> 00:49:13,226
several occasions that I do

1622
00:49:13,226 --> 00:49:14,561
not -- with respect to the

1623
00:49:14,561 --> 00:49:16,364
ballot language I am supportive

1624
00:49:16,364 --> 00:49:17,970
of removing the school board

1625
00:49:17,970 --> 00:49:18,632
reference and the community

1626
00:49:18,632 --> 00:49:21,268
stadium reference that was in

1627
00:49:21,268 --> 00:49:22,802
the initial 96 ballot language.

1628
00:49:22,802 --> 00:49:24,802
Commissioner wostal makes

1629
00:49:26,600 --> 00:49:27,107
excellent points regarding ray

1630
00:49:27,107 --> 00:49:27,675
jay, unquestionably that was a

1631
00:49:27,675 --> 00:49:29,210
sweetheart deal.

1632
00:49:29,210 --> 00:49:30,278
I completely supported

1633
00:49:30,278 --> 00:49:31,511
eliminating like a community

1634
00:49:31,511 --> 00:49:32,747
stadium or stadiums being built

1635
00:49:32,747 --> 00:49:33,514
with the tax, totally fine with

1636
00:49:33,514 --> 00:49:34,715
that.

1637
00:49:34,715 --> 00:49:36,384
Totally fine with eliminating

1638
00:49:36,384 --> 00:49:38,719
tsa receiving money off the top

1639
00:49:38,719 --> 00:49:39,530
as is currently used.

1640
00:49:39,530 --> 00:49:40,721
>> I will

1641
00:49:40,721 --> 00:49:42,230
>> joshua wostal: I will move to

1642
00:49:42,230 --> 00:49:44,659
amend the ordinance to prohibit

1643
00:49:44,659 --> 00:49:47,862
the use of cit funds for new

1644
00:49:47,862 --> 00:49:49,731
professional sports facilities.

1645
00:49:49,731 --> 00:49:50,465
>> ken hagan: I can live with

1646
00:49:50,465 --> 00:49:52,465
that.

1647
00:49:53,501 --> 00:49:54,335
Commissioner cameron cepeda sphk

1648
00:49:54,335 --> 00:49:54,769
>> donna cameron cepeda: yes I

1649
00:49:54,769 --> 00:49:56,137
am going to support.

1650
00:49:56,137 --> 00:49:57,472
>> I am totally in agreement

1651
00:49:57,472 --> 00:49:59,600
with not investing in any new

1652
00:49:59,600 --> 00:50:00,742
facilities with this cit money.

1653
00:50:00,742 --> 00:50:01,142
I don't think we should be going

1654
00:50:01,142 --> 00:50:01,709
there.

1655
00:50:01,709 --> 00:50:02,442
>> gwen myers: thank you,

1656
00:50:02,442 --> 00:50:03,644
commissioner wostal, for making

1657
00:50:03,644 --> 00:50:04,512
that motion, because I do agree

1658
00:50:04,512 --> 00:50:06,280
with your motion.

1659
00:50:06,280 --> 00:50:07,515
>> ken hagan: we've already

1660
00:50:07,515 --> 00:50:08,282
liminated community stadium,

1661
00:50:08,282 --> 00:50:09,917
right, off the original

1662
00:50:09,917 --> 00:50:12,787
ordinance, so that in and of

1663
00:50:12,787 --> 00:50:14,155
itself, I would think,?Alsz

1664
00:50:14,155 --> 00:50:15,900
that we're not building any new

1665
00:50:15,900 --> 00:50:15,557
stadiums and so stadiums is out

1666
00:50:15,557 --> 00:50:17,557
of it.

1667
00:50:18,626 --> 00:50:20,160
We're simply -- what -- we

1668
00:50:20,160 --> 00:50:22,160
didn't advertise community

1669
00:50:22,363 --> 00:50:24,232
stadium on this, on this go

1670
00:50:24,232 --> 00:50:25,900
around, correct?

1671
00:50:25,900 --> 00:50:26,267
>> so I think we get the gist

1672
00:50:26,267 --> 00:50:27,369
there.

1673
00:50:27,369 --> 00:50:27,969
We are not opposed to the rays

1674
00:50:27,969 --> 00:50:29,969
building a stadium.

1675
00:50:31,940 --> 00:50:34,940
I agree with bob emerson.

1676
00:50:35,677 --> 00:50:36,211
They have plenty of money to do do do

1677
00:50:36,211 --> 00:50:37,345
it themselves.

1678
00:50:37,345 --> 00:50:38,646
We are here in this county

1679
00:50:38,646 --> 00:50:39,647
suffering with potholes,

1680
00:50:39,647 --> 00:50:40,916
infrastructure issues, drainage

1681
00:50:40,916 --> 00:50:44,516
issues, and all kinds of things

1682
00:50:45,854 --> 00:50:46,320
that are affecting our

1683
00:50:46,320 --> 00:50:47,289
community.

1684
00:50:47,289 --> 00:50:49,289
Belize vote

1685
00:50:49,825 --> 00:50:50,925
please vote no.

1686
00:50:50,925 --> 00:50:53,228
Thank you for your comments.

1687
00:50:53,228 --> 00:50:55,163
Susan nicely, cathy brown,

1688
00:50:55,163 --> 00:50:56,300
followed by DR. James davisson.

1689
00:50:56,300 --> 00:50:58,300
>> thank yo.

1690
00:50:58,333 --> 00:50:59,901
Susan nicely, I've libbed in

1691
00:50:59,901 --> 00:51:00,969
tamp -- lived in tampa for 46

1692
00:51:00,969 --> 00:51:02,504
years and I've watched the city

1693
00:51:02,504 --> 00:51:04,172
and county deteriorate.

1694
00:51:04,172 --> 00:51:05,606
The roads are horrible.

1695
00:51:05,606 --> 00:51:07,776
The sidewalks are worse.

1696
00:51:07,776 --> 00:51:09,344
They're like a glow in the dark

1697
00:51:09,344 --> 00:51:12,314
with all the caution strips

1698
00:51:12,314 --> 00:51:14,616
because you can't fix them.

1699
00:51:14,616 --> 00:51:16,852
You're going to use our bonds

1700
00:51:16,852 --> 00:51:18,554
and resource money for

1701
00:51:18,554 --> 00:51:20,321
millionaires when you scolded us

1702
00:51:20,321 --> 00:51:23,580
for years that they could not be

1703
00:51:23,580 --> 00:51:23,625
used to fix our roads and our

1704
00:51:23,625 --> 00:51:25,625
infrastructure.

1705
00:51:25,627 --> 00:51:27,863
How can you compare, how can you

1706
00:51:27,863 --> 00:51:31,399
sit there after promising not to

1707
00:51:31,399 --> 00:51:34,802
use our tax dollars and still

1708
00:51:34,802 --> 00:51:36,505
stand there and want to build a

1709
00:51:36,505 --> 00:51:38,374
stadium for millionaires?

1710
00:51:38,374 --> 00:51:41,877
If you vote no, we will campaign

1711
00:51:41,877 --> 00:51:42,511
hard against you.

1712
00:51:42,511 --> 00:51:43,444
>> ken hagan: yes.

1713
00:51:43,444 --> 00:51:45,314
Thank you, MS. Nicely.

1714
00:51:45,314 --> 00:51:47,314
Cathy brown.

1715
00:51:48,283 --> 00:51:50,319
And then DR. James davisson.

1716
00:51:50,319 --> 00:51:51,686
And then melanie alvures.

1717
00:51:51,686 --> 00:51:52,454
Good morning.

1718
00:51:52,454 --> 00:51:54,454
>> I,

1719
00:51:56,859 --> 00:51:58,827
hi, I'm cathy brown.

1720
00:51:58,827 --> 00:52:00,620
I've lived here in val

1721
00:52:00,620 --> 00:52:01,831
valrico now

1722
00:52:01,831 --> 00:52:03,332
for 52 years, and as susan

1723
00:52:03,332 --> 00:52:04,330
pointed out, our roads have

1724
00:52:04,330 --> 00:52:04,566
deteriorated and gotten worse

1725
00:52:04,566 --> 00:52:06,566
and worse.

1726
00:52:07,100 --> 00:52:09,305
Finally doing some work but most

1727
00:52:09,305 --> 00:52:09,704
of to put water down to south

1728
00:52:09,704 --> 00:52:11,106
county.

1729
00:52:11,106 --> 00:52:13,142
But I'm a big rays fan.

1730
00:52:13,142 --> 00:52:14,442
I love the rays.

1731
00:52:14,442 --> 00:52:17,346
I would love to have the rays

1732
00:52:17,346 --> 00:52:19,348
stadium here: this is a bad deal

1733
00:52:19,348 --> 00:52:23,548
for us for the county, for the

1734
00:52:24,387 --> 00:52:25,387
city.

1735
00:52:25,387 --> 00:52:28,387
Add $360 million from the cit,

1736
00:52:29,525 --> 00:52:30,392
that money should be spent for

1737
00:52:30,392 --> 00:52:33,392
roads, for police, for fire

1738
00:52:33,562 --> 00:52:35,562
protection.

1739
00:52:37,660 --> 00:52:38,767
We just, the bond interest on

1740
00:52:38,767 --> 00:52:39,969
the $786 million that we're

1741
00:52:39,969 --> 00:52:40,770
contributing is going to add

1742
00:52:40,770 --> 00:52:42,438
huge amount to that.

1743
00:52:42,438 --> 00:52:44,841
We're going to be spending over

1744
00:52:44,841 --> 00:52:47,510
a million dollars over the years

1745
00:52:47,510 --> 00:52:47,877
that we have to be paying the

1746
00:52:47,877 --> 00:52:49,877
bonds.

1747
00:52:51,380 --> 00:52:54,380
The county cannot afford this.

1748
00:52:54,984 --> 00:52:55,417
And what if amendment degree

1749
00:52:55,417 --> 00:52:57,417
passes?

1750
00:53:00,790 --> 00:53:02,492
It'll be even worse.

1751
00:53:02,492 --> 00:53:02,825
our roads are going to get worse

1752
00:53:02,825 --> 00:53:03,760
than ever.

1753
00:53:03,760 --> 00:53:05,695
It's going to feel like we're in

1754
00:53:05,695 --> 00:53:08,331
the early 1900s and potholes

1755
00:53:08,331 --> 00:53:09,531
and bumps and everything.

1756
00:53:09,531 --> 00:53:10,990
We just cannot afford it.

1757
00:53:10,990 --> 00:53:11,401
I'm sorry.

1758
00:53:11,401 --> 00:53:12,168
Thank you.

1759
00:53:12,168 --> 00:53:12,801
>> ken hagan: thank you,

1760
00:53:12,801 --> 00:53:13,937
MS. Brown.

1761
00:53:13,937 --> 00:53:15,937
DR. James davisson.

1762
00:53:16,720 --> 00:53:20,272
Not sure if he's here or online.

1763
00:53:20,944 --> 00:53:21,377
Then melanie alvarez and paul

1764
00:53:21,377 --> 00:53:21,677
elliott.

1765
00:53:21,677 --> 00:53:23,146
>> online.

1766
00:53:23,146 --> 00:53:24,581
>> ken hagan: good morning,

1767
00:53:24,581 --> 00:53:26,581
DR. Davisson.

1768
00:53:27,517 --> 00:53:29,917
>> yes, the $360 million that

1769
00:53:30,530 --> 00:53:30,820
was to be spent in

1770
00:53:30,820 --> 00:53:32,820
unincorporated hillsborough

1771
00:53:33,223 --> 00:53:35,992
county at the referendum is now

1772
00:53:35,992 --> 00:53:36,960
going to be spent completely

1773
00:53:36,960 --> 00:53:38,960
-

1774
00:53:38,562 --> 00:53:41,197
within the city of tampa.

1775
00:53:41,197 --> 00:53:43,633
This gift to the city of tampa

1776
00:53:43,633 --> 00:53:46,870
will raise their share of the

1777
00:53:46,870 --> 00:53:50,470
cit to 30% of the total cit

1778
00:53:51,107 --> 00:53:54,107
value and decrease the total

1779
00:53:54,211 --> 00:53:57,211
amount of cit, of hillsborough

1780
00:53:57,881 --> 00:53:58,782
county to a little over 61%.

1781
00:53:58,782 --> 00:53:59,882
That's in violation of the

1782
00:53:59,882 --> 00:54:01,518
interlocal agreement that the

1783
00:54:01,518 --> 00:54:03,320
people voted on.

1784
00:54:03,320 --> 00:54:06,560
So you lied about how much moey

1785
00:54:06,560 --> 00:54:07,457
the tax was going to raise.

1786
00:54:07,457 --> 00:54:08,859
You lied about the stadium.

1787
00:54:08,859 --> 00:54:10,227
And now you're lying about the

1788
00:54:10,227 --> 00:54:12,227
interlocal agreement.

1789
00:54:13,330 --> 00:54:13,830
That's a lot of lies for one

1790
00:54:13,830 --> 00:54:15,830
referendum.

1791
00:54:16,633 --> 00:54:19,633
There are going to be

1792
00:54:19,903 --> 00:54:20,304
consequences, and we're in no

1793
00:54:20,304 --> 00:54:22,304
hurry.

1794
00:54:24,207 --> 00:54:27,344
But until this lying and the

1795
00:54:27,344 --> 00:54:28,345
falsifying of referendum stops,

1796
00:54:28,345 --> 00:54:30,800
the people of this county are

1797
00:54:30,800 --> 00:54:31,882
going to get what's needed, and

1798
00:54:31,882 --> 00:54:34,651
they haven't been for the last

1799
00:54:34,651 --> 00:54:36,520
25, 30 years.

1800
00:54:36,520 --> 00:54:39,156
The county is going to, or the

1801
00:54:39,156 --> 00:54:41,458
rays are going to get

1802
00:54:41,458 --> 00:54:42,793
$1.2 billion from the cdd.

1803
00:54:42,793 --> 00:54:45,763
The entire amount of money from

1804
00:54:45,763 --> 00:54:46,630
the cdd that the hillsborough

1805
00:54:46,630 --> 00:54:50,830
county and the city of tampa are

1806
00:54:51,268 --> 00:54:51,668
going to get is one fifth of

1807
00:54:51,668 --> 00:54:53,668
that.

1808
00:54:54,710 --> 00:54:56,907
So I hope you enjoy what you're

1809
00:54:56,907 --> 00:54:58,709
going to do today, but I can

1810
00:54:58,709 --> 00:54:59,310
tell you there will be a remedy

1811
00:54:59,310 --> 00:55:01,110
in the future.

1812
00:55:01,110 --> 00:55:02,246
Thank you very much.

1813
00:55:02,246 --> 00:55:02,780
>> ken hagan: thank you,

1814
00:55:02,780 --> 00:55:03,414
DR. Davisson.

1815
00:55:03,414 --> 00:55:07,140
>> can you state your name for

1816
00:55:10,121 --> 00:55:10,587
the record? I think we lost

1817
00:55:10,587 --> 00:55:11,822
him.

1818
00:55:11,822 --> 00:55:14,324
>> ken hagan: DR. Jim davisson.

1819
00:55:14,324 --> 00:55:15,660
Melanie alvures followed by paul

1820
00:55:15,660 --> 00:55:16,327
elliott and then linda reid.

1821
00:55:16,327 --> 00:55:17,610
Good morning.

1822
00:55:17,610 --> 00:55:19,610
>> good morning, commissioners.

1823
00:55:19,196 --> 00:55:20,664
My name is melanie alvarez and

1824
00:55:20,664 --> 00:55:23,000
I'm speaking today on behalf of

1825
00:55:23,000 --> 00:55:24,869
americans for prosperity and

1826
00:55:24,869 --> 00:55:25,335
taxpayers of hillsborough

1827
00:55:25,335 --> 00:55:27,300
county.

1828
00:55:27,300 --> 00:55:28,639
Yesterday the tampa bay, the

1829
00:55:28,639 --> 00:55:30,740
tampa city council voted 4-3 to

1830
00:55:30,740 --> 00:55:31,942
move forward with the rays

1831
00:55:31,942 --> 00:55:34,612
stadium deal, but that does not

1832
00:55:34,612 --> 00:55:35,913
mean that the county should rush

1833
00:55:35,913 --> 00:55:37,913
to follow.

1834
00:55:38,448 --> 00:55:39,584
This isn't about being

1835
00:55:39,584 --> 00:55:40,517
antibaseball or wanting the rays

1836
00:55:40,517 --> 00:55:42,860
to leave our region.

1837
00:55:42,860 --> 00:55:43,921
It's about asking a simple

1838
00:55:43,921 --> 00:55:46,157
question, what are the taxpayers

1839
00:55:46,157 --> 00:55:46,657
getting in return for this

1840
00:55:46,657 --> 00:55:48,159
investment?

1841
00:55:48,159 --> 00:55:49,560
We keep hearing about economic

1842
00:55:49,560 --> 00:55:50,427
development and a

1843
00:55:50,427 --> 00:55:50,895
transformational misuse

1844
00:55:50,895 --> 00:55:52,895
district.

1845
00:55:53,531 --> 00:55:54,765
But where is that new economic

1846
00:55:54,765 --> 00:55:56,301
activity actually coming from?

1847
00:55:56,301 --> 00:55:57,602
We don't know what businesses

1848
00:55:57,602 --> 00:55:59,700
will locate there, and if

1849
00:55:59,700 --> 00:56:00,738
businesses simply move from

1850
00:56:00,738 --> 00:56:01,839
another part of tampa or

1851
00:56:01,839 --> 00:56:03,908
hillsborough county into this

1852
00:56:03,908 --> 00:56:05,243
development, that isn't creating

1853
00:56:05,243 --> 00:56:07,111
new economic activity.

1854
00:56:07,111 --> 00:56:08,546
It's moving the economic

1855
00:56:08,546 --> 00:56:09,847
activity from one place to

1856
00:56:09,847 --> 00:56:11,449
another while taxpayers are

1857
00:56:11,449 --> 00:56:13,830
helping to pay for it.

1858
00:56:13,830 --> 00:56:14,452
That is not the same thing as

1859
00:56:14,452 --> 00:56:16,452
economic development.

1860
00:56:16,855 --> 00:56:17,288
There is no reason to rush this

1861
00:56:17,288 --> 00:56:18,589
decision.

1862
00:56:18,589 --> 00:56:21,292
Documents were still coming in

1863
00:56:21,292 --> 00:56:22,761
as late as tuesday night, and it

1864
00:56:22,761 --> 00:56:24,128
doesn't appear that we really

1865
00:56:24,128 --> 00:56:25,363
have a final deal here.

1866
00:56:25,363 --> 00:56:26,664
Pthere's been a lot of problems

1867
00:56:26,664 --> 00:56:28,433
with transparency, and we also

1868
00:56:28,433 --> 00:56:30,502
have amendment 3 on the NOVEMBER

1869
00:56:30,502 --> 00:56:32,103
ballot that we don't know what

1870
00:56:32,103 --> 00:56:34,940
those implications will be for

1871
00:56:34,940 --> 00:56:36,940
the county's finances.

1872
00:56:37,709 --> 00:56:39,244
Why make a multigenerational

1873
00:56:39,244 --> 00:56:40,579
financial commitment before we

1874
00:56:40,579 --> 00:56:42,579
have those answers?

1875
00:56:42,581 --> 00:56:44,215
And let's remember, hillsborough

1876
00:56:44,215 --> 00:56:46,818
county is still paying for

1877
00:56:46,818 --> 00:56:48,754
raymond jams stadium,.

1878
00:56:48,754 --> 00:56:50,388
This excitement surrounding this

1879
00:56:50,388 --> 00:56:51,590
project does not change the

1880
00:56:51,590 --> 00:56:53,910
responsibility that you all have

1881
00:56:53,910 --> 00:56:55,910
to the taxpayers.

1882
00:56:55,660 --> 00:56:56,127
Excitement is not a financial

1883
00:56:56,127 --> 00:56:57,662
analysis.

1884
00:56:57,662 --> 00:56:59,664
Promises are not guarantees.

1885
00:56:59,664 --> 00:56:59,757
And moving businesses is not the

1886
00:56:59,757 --> 00:57:01,757
-

1887
00:57:01,833 --> 00:57:02,267
ame as creating new economic

1888
00:57:02,267 --> 00:57:03,668
activity.

1889
00:57:03,668 --> 00:57:05,671
Commissioners, there is nothing

1890
00:57:05,671 --> 00:57:08,640
wrong with taking more time in

1891
00:57:08,640 --> 00:57:10,750
fact, with this much taxpayer

1892
00:57:10,750 --> 00:57:12,144
money and this many unanswered

1893
00:57:12,144 --> 00:57:13,479
questions, taking more time is

1894
00:57:13,479 --> 00:57:15,479
responsible government.

1895
00:57:15,714 --> 00:57:17,916
Please allow -- please slow this

1896
00:57:17,916 --> 00:57:19,651
process down and get the final

1897
00:57:19,651 --> 00:57:20,118
documents, examine true taxpayer

1898
00:57:20,118 --> 00:57:20,819
exposure.

1899
00:57:20,819 --> 00:57:21,285
>> ken hagan: thank you,

1900
00:57:21,285 --> 00:57:21,820
MS. Alvarez.

1901
00:57:21,820 --> 00:57:23,222
appreciate your comments.

1902
00:57:23,222 --> 00:57:24,223
Paul elliott.

1903
00:57:24,223 --> 00:57:25,324
Paul here?

1904
00:57:25,324 --> 00:57:27,324
Don't see paul.

1905
00:57:29,495 --> 00:57:29,862
Followed by linda reid.

1906
00:57:29,862 --> 00:57:31,862
Linda?

1907
00:57:33,531 --> 00:57:35,100
Then we have ron reaver.

1908
00:57:35,100 --> 00:57:37,100
And bret brett

1909
00:57:37,536 --> 00:57:38,303
brett wayly.

1910
00:57:38,303 --> 00:57:39,237
>> you're going to get an

1911
00:57:39,237 --> 00:57:41,606
opportunity today to make a once

1912
00:57:41,606 --> 00:57:43,208
in a lifetime selection for our

1913
00:57:43,208 --> 00:57:45,608
children, and our grandchildren,

1914
00:57:45,644 --> 00:57:47,212
and it's not just a $56 billion

1915
00:57:47,212 --> 00:57:48,681
worth of economy.

1916
00:57:48,681 --> 00:57:50,648
Even if half of tht is all

1917
00:57:50,648 --> 00:57:52,384
that's going to come in, and you

1918
00:57:52,384 --> 00:57:54,285
see from the battery and

1919
00:57:54,285 --> 00:57:55,354
columbus ohio and sacramento,

1920
00:57:55,354 --> 00:57:57,456
california, that those economic

1921
00:57:57,456 --> 00:57:58,591
models do hold up.

1922
00:57:58,591 --> 00:58:01,861
But even if it's half of that,

1923
00:58:01,861 --> 00:58:02,727
the sales tax on that would be

1924
00:58:02,727 --> 00:58:03,162
$7 billion over the next

1925
00:58:03,162 --> 00:58:05,162
century.

1926
00:58:05,865 --> 00:58:06,866
It would be $2.5 billion over

1927
00:58:06,866 --> 00:58:08,400
just the next 30 years.

1928
00:58:08,400 --> 00:58:09,869
The economy, however is not the

1929
00:58:09,869 --> 00:58:11,404
story today for our children.

1930
00:58:11,404 --> 00:58:12,304
Our children and our

1931
00:58:12,304 --> 00:58:12,872
grandchildren want to know if we

1932
00:58:12,872 --> 00:58:14,573
get things done.

1933
00:58:14,573 --> 00:58:16,700
We can get this done and then we

1934
00:58:16,700 --> 00:58:17,677
can get rail done.

1935
00:58:17,677 --> 00:58:19,378
These $10 million visitors a

1936
00:58:19,378 --> 00:58:22,810
year to this stadium are going

1937
00:58:22,810 --> 00:58:22,515
to speed it up rail, maybe by a

1938
00:58:22,515 --> 00:58:24,515
decade.

1939
00:58:25,500 --> 00:58:26,352
These billion visitors a

1940
00:58:26,352 --> 00:58:28,254
century, that's right a billion

1941
00:58:28,254 --> 00:58:29,989
visitors a venchry are going to

1942
00:58:29,989 --> 00:58:31,989
change this community.

1943
00:58:33,759 --> 00:58:35,427
81 home games; not just 9 or 20,

1944
00:58:35,427 --> 00:58:37,427
but 81 home games.

1945
00:58:38,364 --> 00:58:40,364
And 30 concerts.

1946
00:58:40,900 --> 00:58:42,435
$29 billion worth of wages.

1947
00:58:42,435 --> 00:58:43,703
12,000 jobs.

1948
00:58:43,703 --> 00:58:45,805
The opportunity for our children

1949
00:58:45,805 --> 00:58:48,307
to see that we can do, that we

1950
00:58:48,307 --> 00:58:50,877
must do when the time comes, we

1951
00:58:50,877 --> 00:58:51,810
tackle this, then we'll start

1952
00:58:51,810 --> 00:58:52,912
tackling our insurance rates

1953
00:58:52,912 --> 00:58:54,180
together with some kind of a

1954
00:58:54,180 --> 00:58:56,382
common pool and a common fund.

1955
00:58:56,382 --> 00:58:58,918
Then we'll tackle our education

1956
00:58:58,918 --> 00:58:59,852
by raising our teachers' pay in

1957
00:58:59,852 --> 00:59:02,222
order to get our game together

1958
00:59:02,222 --> 00:59:04,324
not just baseball, not just

1959
00:59:04,324 --> 00:59:06,724
community, america's past time,

1960
00:59:08,161 --> 00:59:09,596
maybe baseball, but the

1961
00:59:09,596 --> 00:59:11,596
community's unitedness and

1962
00:59:11,965 --> 00:59:13,533
oneness is our lifeline.

1963
00:59:13,533 --> 00:59:15,768
We must save for our children.

1964
00:59:15,768 --> 00:59:16,302
We must save for our

1965
00:59:16,302 --> 00:59:18,104
grandchildren.

1966
00:59:18,104 --> 00:59:19,506
The opportunity to see that this

1967
00:59:19,506 --> 00:59:21,906
community comes together, that

1968
00:59:25,145 --> 00:59:26,645
we celebrate together.

1969
00:59:26,645 --> 00:59:27,981
-- took much greater odds in

1970
00:59:27,981 --> 00:59:30,316
getting us the things that we've

1971
00:59:30,316 --> 00:59:31,785
gotten for our pride and our

1972
00:59:31,785 --> 00:59:34,120
economy and our sense of self.

1973
00:59:34,120 --> 00:59:37,424
Our sense of ability to get

1974
00:59:37,424 --> 00:59:38,224
things done, this is a

1975
00:59:38,224 --> 00:59:38,525
transformational project.

1976
00:59:38,525 --> 00:59:40,126
Thank yu.

1977
00:59:40,126 --> 00:59:40,594
>> ken hagan: thank you,

1978
00:59:40,594 --> 00:59:41,327
MR. Weaver.

1979
00:59:41,327 --> 00:59:43,327
Appreciate the comments.

1980
00:59:43,897 --> 00:59:45,265
Paul elliott, linda reid, going,

1981
00:59:45,265 --> 00:59:45,632
going, gone.

1982
00:59:45,632 --> 00:59:46,900
Okay.

1983
00:59:46,900 --> 00:59:48,900
Brett wayly.

1984
00:59:49,636 --> 00:59:50,537
Is brett here?

1985
00:59:50,537 --> 00:59:51,400
No brett?

1986
00:59:51,400 --> 00:59:52,672
Okay.

1987
00:59:52,672 --> 00:59:53,974
We've got sharon calvert,

1988
00:59:53,974 --> 00:59:56,374
virtual, followed by monica

1989
00:59:59,790 --> 01:00:00,514
potter, and steve cona iii.

1990
01:00:00,514 --> 01:00:01,347
>> sharon has not checked in.

1991
01:00:01,347 --> 01:00:03,250
>> ken hagan: sharon not checked

1992
01:00:03,250 --> 01:00:03,650
in.

1993
01:00:03,650 --> 01:00:05,650
Okay.

1994
01:00:07,687 --> 01:00:09,687
Monica potter?

1995
01:00:11,725 --> 01:00:15,325
Followed by steve conan iii and

1996
01:00:16,797 --> 01:00:18,198
then devon potter.

1997
01:00:18,198 --> 01:00:18,999
>> good morning, commissioners.

1998
01:00:18,999 --> 01:00:20,999
Steve cona.

1999
01:00:21,670 --> 01:00:22,201
Excuse me, PRESIDENT And ceo of

2000
01:00:22,201 --> 01:00:23,360
associated builders and

2001
01:00:23,360 --> 01:00:25,171
contractors, florida gulf coast

2002
01:00:25,171 --> 01:00:26,730
chapter.

2003
01:00:26,730 --> 01:00:28,730
Representing 650 construction

2004
01:00:28,141 --> 01:00:30,430
firms in the region, and over

2005
01:00:30,430 --> 01:00:30,944
thousands of skilled workers.

2006
01:00:30,944 --> 01:00:33,246
Our construction industry has

2007
01:00:33,246 --> 01:00:34,347
been a part of this journey for

2008
01:00:34,347 --> 01:00:35,582
decades providing countless

2009
01:00:35,582 --> 01:00:37,551
hours of preconstruction

2010
01:00:37,551 --> 01:00:39,551
services, planning, estimating,

2011
01:00:40,860 --> 01:00:41,210
and expertise to make this rays

2012
01:00:41,210 --> 01:00:42,790
stadium a reality.

2013
01:00:42,790 --> 01:00:43,991
And today is our final moment.

2014
01:00:43,991 --> 01:00:45,125
Our game seven.

2015
01:00:45,125 --> 01:00:46,460
But this project is bigger than

2016
01:00:46,460 --> 01:00:47,894
a stadium.

2017
01:00:47,894 --> 01:00:49,296
It represents one of the largest

2018
01:00:49,296 --> 01:00:50,397
economic and workforce

2019
01:00:50,397 --> 01:00:52,265
development opportunities our

2020
01:00:52,265 --> 01:00:53,500
region has ever seen.

2021
01:00:53,500 --> 01:00:55,302
Through hillsborough college,

2022
01:00:55,302 --> 01:00:55,936
our construction apprenticeship

2023
01:00:55,936 --> 01:00:56,437
programs and our local

2024
01:00:56,437 --> 01:00:58,138
contractors we have the

2025
01:00:58,138 --> 01:00:59,874
opportunity to put generation of

2026
01:00:59,874 --> 01:01:00,674
skilled workers on a

2027
01:01:00,674 --> 01:01:01,976
transformational project right

2028
01:01:01,976 --> 01:01:03,244
here at home.

2029
01:01:03,244 --> 01:01:06,244
The apprentice who helped build

2030
01:01:07,281 --> 01:01:08,248
this project today can

2031
01:01:08,248 --> 01:01:09,150
become superintendents, project

2032
01:01:09,150 --> 01:01:09,849
managers and constructionbeds

2033
01:01:09,849 --> 01:01:11,849
owners of tomorrow.

2034
01:01:11,851 --> 01:01:12,320
We have spent decades trying to

2035
01:01:12,320 --> 01:01:14,210
get here.

2036
01:01:14,210 --> 01:01:15,156
Now is the time to build it.

2037
01:01:15,156 --> 01:01:16,757
I respectfully ask for you all

2038
01:01:16,757 --> 01:01:17,991
to vote yes in support.

2039
01:01:17,991 --> 01:01:18,625
Thank you.

2040
01:01:18,625 --> 01:01:19,226
>> christine miller: thank you

2041
01:01:19,226 --> 01:01:20,727
for your comments.

2042
01:01:20,727 --> 01:01:24,327
Next up is devon potter followed

2043
01:01:26,600 --> 01:01:27,602
by laura lawson.

2044
01:01:27,602 --> 01:01:28,736
>> hey, good morning.

2045
01:01:28,736 --> 01:01:30,605
My name is devon potter.

2046
01:01:30,605 --> 01:01:32,940
As a taxpayer, constituent, and

2047
01:01:32,940 --> 01:01:34,141
a rays fan, I've followed this

2048
01:01:34,141 --> 01:01:35,243
saga for months and I just wants

2049
01:01:35,243 --> 01:01:36,544
to present some metrics during

2050
01:01:36,544 --> 01:01:37,778
my time up here because facts

2051
01:01:37,778 --> 01:01:38,880
can't be argued with, and

2052
01:01:38,880 --> 01:01:40,447
numbers don't lie.

2053
01:01:40,447 --> 01:01:42,117
So let's do some benchmarking.

2054
01:01:42,117 --> 01:01:44,185
And these aren't my numbers.

2055
01:01:44,185 --> 01:01:45,286
These are all from ai assistant.

2056
01:01:45,286 --> 01:01:47,286
Los

2057
01:01:51,392 --> 01:01:52,159
las vegas mlb stadium --

2058
01:01:52,159 --> 01:01:53,461
$750,000,040% of the total cost.

2059
01:01:53,461 --> 01:01:55,830
You might say that's las vegas,

2060
01:01:55,830 --> 01:01:58,266
they have all that casino

2061
01:01:58,266 --> 01:01:59,267
revenue, gnash syl, tennessee,

2062
01:01:59,267 --> 01:01:59,901
$1.26 billion for new nfl

2063
01:01:59,901 --> 01:02:01,901
stadium.

2064
01:02:03,370 --> 01:02:06,740
Plano, texas, a suburb of dallas

2065
01:02:06,740 --> 01:02:07,175
home to a new hockey arena for

2066
01:02:07,175 --> 01:02:08,176
the dallas stars and that was

2067
01:02:08,176 --> 01:02:09,744
done in a week.

2068
01:02:09,744 --> 01:02:11,579
Why is tampa different.

2069
01:02:11,579 --> 01:02:12,780
Why should we be the anomaly,

2070
01:02:12,780 --> 01:02:14,115
the deviation, the outlier.

2071
01:02:14,115 --> 01:02:15,316
Those places I listed have

2072
01:02:15,316 --> 01:02:15,750
potholes, first rsponders,

2073
01:02:15,750 --> 01:02:17,118
et cetera.

2074
01:02:17,118 --> 01:02:18,753
And what does that say about us?

2075
01:02:18,753 --> 01:02:20,121
And our region if we say no to

2076
01:02:20,121 --> 01:02:21,656
an agreement like this.

2077
01:02:21,656 --> 01:02:23,191
What message does that send to

2078
01:02:23,191 --> 01:02:24,926
investors looking to come here,

2079
01:02:24,926 --> 01:02:26,930
companies looking to relocate

2080
01:02:26,930 --> 01:02:27,495
here, people thinking of moving

2081
01:02:27,495 --> 01:02:29,230
here?

2082
01:02:29,230 --> 01:02:30,231
Now, no deal is going to be

2083
01:02:30,231 --> 01:02:31,932
perfect and not everyone is

2084
01:02:31,932 --> 01:02:33,702
going to agree on every detail,

2085
01:02:33,702 --> 01:02:34,903
but that dozen mean if every --

2086
01:02:34,903 --> 01:02:36,370
doesn't mean if every gawks

2087
01:02:36,370 --> 01:02:38,707
isn't checked that we vote on it

2088
01:02:38,707 --> 01:02:39,740
no.

2089
01:02:39,740 --> 01:02:40,750
It.

2090
01:02:40,750 --> 01:02:40,975
Not a project of this size and

2091
01:02:40,975 --> 01:02:41,943
not what's at stake here.

2092
01:02:41,943 --> 01:02:42,944
Now I have to mention that there

2093
01:02:42,944 --> 01:02:44,179
are details in the las vegas

2094
01:02:44,179 --> 01:02:45,800
funding that not everyone loved.

2095
01:02:45,800 --> 01:02:47,800
It was approved.

2096
01:02:47,716 --> 01:02:50,818
I'm sure the same holds flew for

2097
01:02:50,818 --> 01:02:51,252
true for nashville, and plano,

2098
01:02:51,252 --> 01:02:52,754
texas.

2099
01:02:52,754 --> 01:02:55,890
Those people saw the forest for

2100
01:02:55,890 --> 01:02:56,725
the trees and pushed through

2101
01:02:56,725 --> 01:02:58,460
those deals because of what it

2102
01:02:58,460 --> 01:02:59,995
would mean for their regions.

2103
01:02:59,995 --> 01:03:01,830
Let's look at the metrics, not

2104
01:03:01,830 --> 01:03:02,731
one, not two, but three economic

2105
01:03:02,731 --> 01:03:05,131
impact reports that evidence

2106
01:03:05,400 --> 01:03:05,867
this will be a net positive for

2107
01:03:05,867 --> 01:03:07,769
the region.

2108
01:03:07,769 --> 01:03:09,104
The numbers also show the

2109
01:03:09,104 --> 01:03:10,639
majority, 60%, according to the

2110
01:03:10,639 --> 01:03:13,475
U.S. Survey, support this

2111
01:03:13,475 --> 01:03:15,277
project and want this to happen.

2112
01:03:15,277 --> 01:03:15,911
So we're at the 11th hour,

2113
01:03:15,911 --> 01:03:17,120
ladies and gentlemen.

2114
01:03:17,120 --> 01:03:18,347
No one wats to see the rays

2115
01:03:18,347 --> 01:03:20,182
start looking elsewhere.

2116
01:03:20,182 --> 01:03:20,949
The numbers, the data, the facts

2117
01:03:20,949 --> 01:03:22,351
say the following.

2118
01:03:22,351 --> 01:03:24,190
This is a win for the county,

2119
01:03:24,190 --> 01:03:25,487
it's a win for the city, it's a

2120
01:03:25,487 --> 01:03:26,688
win for the rays, and most

2121
01:03:26,688 --> 01:03:27,556
importantly, it's a win for the

2122
01:03:27,556 --> 01:03:29,900
citizens.

2123
01:03:29,900 --> 01:03:29,724
Thank you for your time.

2124
01:03:29,724 --> 01:03:30,225
>> christine miller: thank you

2125
01:03:30,225 --> 01:03:31,994
for your comments, sir.

2126
01:03:31,994 --> 01:03:35,594
Next up is laura lawson followed

2127
01:03:35,931 --> 01:03:36,832
by rebecca debauer.

2128
01:03:36,832 --> 01:03:38,832
>> good morning, commissioners.

2129
01:03:39,334 --> 01:03:40,536
I came today to talk about some

2130
01:03:40,536 --> 01:03:42,571
of the lsses that we're going

2131
01:03:42,571 --> 01:03:43,572
to suffer and the risks that

2132
01:03:43,572 --> 01:03:45,307
we're going to face with this

2133
01:03:45,307 --> 01:03:46,750
property because of this

2134
01:03:46,750 --> 01:03:47,943
project.

2135
01:03:47,943 --> 01:03:50,450
MS. Jaroch was kind enough to

2136
01:03:50,450 --> 01:03:50,912
loan me her map.

2137
01:03:50,912 --> 01:03:51,380
>> christine miller: please use

2138
01:03:51,380 --> 01:03:53,150
the mic.

2139
01:03:53,150 --> 01:03:54,683
>> as you can see in the corner

2140
01:03:54,683 --> 01:03:55,517
here of the site, that's the tax

2141
01:03:55,517 --> 01:03:57,786
collector's office that's going

2142
01:03:57,786 --> 01:03:58,287
to be taken, that's going to be

2143
01:03:58,287 --> 01:03:59,455
knocked down.

2144
01:03:59,455 --> 01:04:00,656
That right there in the corner

2145
01:04:00,656 --> 01:04:03,592
that top corner, that's the

2146
01:04:03,592 --> 01:04:04,560
tracks -- tax collector's office

2147
01:04:04,560 --> 01:04:07,620
that's going to be knocked down.

2148
01:04:07,620 --> 01:04:07,763
That's where people get their

2149
01:04:07,763 --> 01:04:09,732
driver's licenses.

2150
01:04:09,732 --> 01:04:11,267
It's the most used tax

2151
01:04:11,267 --> 01:04:12,367
collector's office in the county

2152
01:04:12,367 --> 01:04:13,568
in an excellent location.

2153
01:04:13,568 --> 01:04:14,704
That's going to be gone.

2154
01:04:14,704 --> 01:04:15,437
Right there that's the juvenile

2155
01:04:15,437 --> 01:04:16,138
justice facility.

2156
01:04:16,138 --> 01:04:16,906
That's where they've been

2157
01:04:16,906 --> 01:04:18,240
cleaning out.

2158
01:04:18,240 --> 01:04:18,907
They've moved 50 kids out of

2159
01:04:18,907 --> 01:04:20,743
that facility.

2160
01:04:20,743 --> 01:04:21,877
These are kids that have not

2161
01:04:21,877 --> 01:04:22,712
seen their day in court yet, and

2162
01:04:22,712 --> 01:04:24,747
they're being detained there,

2163
01:04:24,747 --> 01:04:27,283
and they're being moved to other

2164
01:04:27,283 --> 01:04:27,750
counties as far away as brevard

2165
01:04:27,750 --> 01:04:29,118
county.

2166
01:04:29,118 --> 01:04:30,987
Right here that's hillsborough

2167
01:04:30,987 --> 01:04:32,888
college, the plan is to demolish

2168
01:04:32,888 --> 01:04:33,356
8 buildings and auction off the

2169
01:04:33,356 --> 01:04:34,557
contents.

2170
01:04:34,557 --> 01:04:36,957
Students are currently taking

2171
01:04:36,992 --> 01:04:38,493
classes in all kinds of fields

2172
01:04:38,493 --> 01:04:40,463
there at that campus.

2173
01:04:40,463 --> 01:04:41,764
T's our main campus.

2174
01:04:41,764 --> 01:04:43,232
And it's the one campus that we

2175
01:04:43,232 --> 01:04:45,467
have in the city of tampa with

2176
01:04:45,467 --> 01:04:46,602
room to grow.

2177
01:04:46,602 --> 01:04:48,303
Imagine if how hard that would

2178
01:04:48,303 --> 01:04:48,604
be in ybor city where the other

2179
01:04:48,604 --> 01:04:50,172
campus is.

2180
01:04:50,172 --> 01:04:51,507
We know the land is very

2181
01:04:51,507 --> 01:04:53,507
expensive there.

2182
01:04:54,277 --> 01:04:54,677
This whole square was state

2183
01:04:54,677 --> 01:04:55,545
land.

2184
01:04:55,545 --> 01:04:57,714
The part of it that's the

2185
01:04:57,714 --> 01:04:58,814
college was supposed to be a

2186
01:04:58,814 --> 01:05:00,350
community college forever.

2187
01:05:00,350 --> 01:05:02,785
The only reason that deed

2188
01:05:02,785 --> 01:05:03,852
restriction isn't in place is

2189
01:05:03,852 --> 01:05:06,556
because in order to do this

2190
01:05:06,556 --> 01:05:08,458
plan, the governor canceled it.

2191
01:05:08,458 --> 01:05:10,920
I want, if we have to do this

2192
01:05:10,920 --> 01:05:11,561
plan, we need to find solutions

2193
01:05:11,561 --> 01:05:12,862
for this, particularly for the

2194
01:05:12,862 --> 01:05:14,862
juvenile justice.

2195
01:05:15,165 --> 01:05:17,233
But I really hope that we don't

2196
01:05:17,233 --> 01:05:18,501
demolish any buildings,

2197
01:05:18,501 --> 01:05:19,350
especially if a lawsuit is

2198
01:05:19,350 --> 01:05:20,470
brought.

2199
01:05:20,470 --> 01:05:21,771
The problem is the stadium gets

2200
01:05:21,771 --> 01:05:23,390
the first class stadium.

2201
01:05:23,390 --> 01:05:23,205
for everyone else it's wait and

2202
01:05:23,205 --> 01:05:25,205
see.

2203
01:05:25,275 --> 01:05:26,142
The stadium, the rays get a

2204
01:05:26,142 --> 01:05:27,944
smooth transition.

2205
01:05:27,944 --> 01:05:28,411
Everyone else is suddenly

2206
01:05:28,411 --> 01:05:30,411
displaced.

2207
01:05:30,813 --> 01:05:31,781
The rays get guaranteed

2208
01:05:31,781 --> 01:05:33,150
contracted funding.

2209
01:05:33,150 --> 01:05:35,151
But there's nothing firm in

2210
01:05:35,151 --> 01:05:35,551
place to replace these community

2211
01:05:35,551 --> 01:05:37,354
assets.

2212
01:05:37,354 --> 01:05:38,187
Thank you.

2213
01:05:38,187 --> 01:05:38,654
>> can you state your name for

2214
01:05:38,654 --> 01:05:39,889
the record.

2215
01:05:39,889 --> 01:05:41,889
>> oh, I'm sorry.

2216
01:05:42,325 --> 01:05:43,660
Laura lawson.

2217
01:05:43,660 --> 01:05:45,762
>> christine miller: next up is

2218
01:05:45,762 --> 01:05:47,230
rebecca debauer followed by jeff

2219
01:05:47,230 --> 01:05:49,630
dow and elizabeth brayden,

2220
01:05:51,635 --> 01:05:53,635
virtual.

2221
01:05:54,805 --> 01:05:56,805
No rebecca debauer?

2222
01:06:01,811 --> 01:06:02,612
Jeff dow, please.

2223
01:06:02,612 --> 01:06:03,813
>> hello, commissioners.

2224
01:06:03,813 --> 01:06:05,649
It's been awhile.

2225
01:06:05,649 --> 01:06:07,284
Last time I was here, the board

2226
01:06:07,284 --> 01:06:08,651
looked a little different, so

2227
01:06:08,651 --> 01:06:10,420
thank you guys for doing what we

2228
01:06:10,420 --> 01:06:13,289
hoped that you would do.

2229
01:06:13,289 --> 01:06:16,260
I hope that continues on today.

2230
01:06:16,260 --> 01:06:18,629
We believe we think could hasn't

2231
01:06:18,629 --> 01:06:19,162
been agreed upon yet, if the

2232
01:06:19,162 --> 01:06:20,630
state does pay.

2233
01:06:20,630 --> 01:06:21,465
These are all things I heard

2234
01:06:21,465 --> 01:06:22,866
earlier this morning.

2235
01:06:22,866 --> 01:06:23,533
First off, I want to say I'm a

2236
01:06:23,533 --> 01:06:25,235
huge rays fan.

2237
01:06:25,235 --> 01:06:25,669
I'm a huge sports fan in

2238
01:06:25,669 --> 01:06:27,137
general.

2239
01:06:27,137 --> 01:06:27,370
I love tampa, I've been here 12

2240
01:06:27,370 --> 01:06:28,710
years.

2241
01:06:28,710 --> 01:06:28,971
I served 10 years in the

2242
01:06:28,971 --> 01:06:29,839
military, and there's one thing

2243
01:06:29,839 --> 01:06:31,839
that I learned.

2244
01:06:32,420 --> 01:06:33,377
When I put on petty officer, I

2245
01:06:33,377 --> 01:06:34,578
had to prove that I knew how to

2246
01:06:34,578 --> 01:06:36,447
`balance a budget.

2247
01:06:36,447 --> 01:06:37,881
I used -- nice to have, must

2248
01:06:37,881 --> 01:06:38,381
have are two different

2249
01:06:38,381 --> 01:06:40,217
categories.

2250
01:06:40,217 --> 01:06:43,320
I live in an area in tampa near

2251
01:06:43,320 --> 01:06:45,321
one of our primary commissioners

2252
01:06:45,321 --> 01:06:46,223
down the street, and our roads

2253
01:06:46,223 --> 01:06:47,224
are falling apart.

2254
01:06:47,224 --> 01:06:48,191
My truck feels like I'm going to

2255
01:06:48,191 --> 01:06:49,593
lose the bed before I make it to

2256
01:06:49,593 --> 01:06:52,229
the end of the street.

2257
01:06:52,229 --> 01:06:52,463
We have potholes throughout this

2258
01:06:52,463 --> 01:06:54,463
county.

2259
01:06:54,664 --> 01:06:55,466
We have people in south county

2260
01:06:55,466 --> 01:06:56,667
that have water issues.

2261
01:06:56,667 --> 01:06:58,402
We have people in north county

2262
01:06:58,402 --> 01:06:59,170
that have potholes and terrible

2263
01:06:59,170 --> 01:07:00,437
roads.

2264
01:07:00,437 --> 01:07:02,440
I'm all for a stadium but

2265
01:07:02,440 --> 01:07:02,907
thought at the expense of all of -- not at the expense of all

2266
01:07:02,907 --> 01:07:03,807
of us.

2267
01:07:03,807 --> 01:07:04,408
It doesn't make sense.

2268
01:07:04,408 --> 01:07:05,775
I own a business.

2269
01:07:05,775 --> 01:07:09,113
If you guys saw years back a

2270
01:07:09,113 --> 01:07:11,181
little two-seater meata towing a

2271
01:07:11,181 --> 01:07:12,516
trailer, that was me starting my

2272
01:07:12,516 --> 01:07:13,384
business because I couldn't get

2273
01:07:13,384 --> 01:07:13,917
funding anywhere.

2274
01:07:13,917 --> 01:07:15,786
Boss

2275
01:07:15,786 --> 01:07:17,388
because I couldn't show that I

2276
01:07:17,388 --> 01:07:19,390
made enough profit even though I

2277
01:07:19,390 --> 01:07:20,224
pulled 54,000 department of that

2278
01:07:20,224 --> 01:07:21,191
irst -- $54,000 that first year

2279
01:07:21,191 --> 01:07:22,693
and the second year, I couldn't

2280
01:07:22,693 --> 01:07:23,927
even get a loan for

2281
01:07:23,927 --> 01:07:25,296
$10,000 anywhere.

2282
01:07:25,296 --> 01:07:26,497
Because I had five times more

2283
01:07:26,497 --> 01:07:27,798
than I was making, I still

2284
01:07:27,798 --> 01:07:29,800
wasn't given that loan.

2285
01:07:29,800 --> 01:07:31,335
If we can't provide and cover

2286
01:07:31,335 --> 01:07:32,703
the cost of something ahead of

2287
01:07:32,703 --> 01:07:34,105
time, while taking care of the

2288
01:07:34,105 --> 01:07:35,206
must haves, we shouldn't be

2289
01:07:35,206 --> 01:07:37,206
doing this.

2290
01:07:37,642 --> 01:07:39,844
As much as I love the sports in

2291
01:07:39,844 --> 01:07:40,912
this city, I implore you to make

2292
01:07:40,912 --> 01:07:41,879
the right decision.

2293
01:07:41,879 --> 01:07:43,547
It's on record.

2294
01:07:43,547 --> 01:07:43,948
You guys have heard your own

2295
01:07:43,948 --> 01:07:44,916
words.

2296
01:07:44,916 --> 01:07:46,951
You're hearing what those of us

2297
01:07:46,951 --> 01:07:47,851
are saying today.

2298
01:07:47,851 --> 01:07:50,251
Amendment 3's coming up.

2299
01:07:50,388 --> 01:07:53,690
How can you make a decision

2300
01:07:53,690 --> 01:07:55,126
today on record with unknowns

2301
01:07:55,126 --> 01:07:56,260
still ahead of you?

2302
01:07:56,260 --> 01:07:57,328
Y implore you to do the right

2303
01:07:57,328 --> 01:07:59,230
thing, and we're all paying

2304
01:07:59,230 --> 01:07:59,697
attention a lot more than you

2305
01:07:59,697 --> 01:08:00,798
think that we are.

2306
01:08:00,798 --> 01:08:02,367
I didn't use a script.

2307
01:08:02,367 --> 01:08:03,167
I don't have bullet notes.

2308
01:08:03,167 --> 01:08:03,567
>> christine miller: thank you

2309
01:08:03,567 --> 01:08:05,567
for your comments.

2310
01:08:05,703 --> 01:08:06,104
Next up is elizabeth brayden,

2311
01:08:06,104 --> 01:08:07,205
irtual.

2312
01:08:07,205 --> 01:08:10,205
Followed by michelle dyson in

2313
01:08:11,509 --> 01:08:13,509
person.

2314
01:08:15,613 --> 01:08:16,481
Did elizabeth check in?

2315
01:08:16,481 --> 01:08:18,881
>> elizabeth, are you there?

2316
01:08:18,883 --> 01:08:19,250
>> yes.

2317
01:08:19,250 --> 01:08:21,250
Hi.

2318
01:08:22,353 --> 01:08:23,254
Are you ready?

2319
01:08:23,254 --> 01:08:25,254
?L go

2320
01:08:25,890 --> 01:08:27,892
>> christine miller: go ahead.

2321
01:08:27,892 --> 01:08:28,827
>> high, my name is elizabeth

2322
01:08:28,827 --> 01:08:30,562
brayden I'm a south tampa

2323
01:08:30,562 --> 01:08:31,950
resident and I'm urging you to

2324
01:08:31,950 --> 01:08:32,330
vote no.

2325
01:08:32,330 --> 01:08:33,465
My daughter was at new college

2326
01:08:33,465 --> 01:08:34,198
during the hostile takeover

2327
01:08:34,198 --> 01:08:36,167
three years ago.

2328
01:08:36,167 --> 01:08:39,167
The takeover was to destroy

2329
01:08:39,204 --> 01:08:39,637
wokeness and to establish school

2330
01:08:39,637 --> 01:08:40,971
sports.

2331
01:08:40,971 --> 01:08:42,807
Desantis put his cronies in.

2332
01:08:42,807 --> 01:08:43,975
30% of the faculty left,

2333
01:08:43,975 --> 01:08:46,375
hundreds of students transferred

2334
01:08:46,844 --> 01:08:48,212
out including my daughter, and

2335
01:08:48,212 --> 01:08:49,514
schools rankings plummeted and

2336
01:08:49,514 --> 01:08:50,614
the state's cost per student is

2337
01:08:50,614 --> 01:08:52,484
the highest in the state.

2338
01:08:52,484 --> 01:08:53,451
Three times higher than the

2339
01:08:53,451 --> 01:08:55,451
university of florida.

2340
01:08:56,870 --> 01:08:56,854
My daughter never finished her

2341
01:08:56,854 --> 01:08:57,989
degree.

2342
01:08:57,989 --> 01:08:59,989
The next it

2343
01:09:00,392 --> 01:09:02,392
desantis hostile

2344
01:09:03,610 --> 01:09:04,695
takeover was at usf manatee.

2345
01:09:04,695 --> 01:09:05,530
New college took over and 900

2346
01:09:05,530 --> 01:09:08,530
students lost the college and

2347
01:09:09,340 --> 01:09:11,403
now hillsborough college is

2348
01:09:11,403 --> 01:09:13,370
the -- snash and grab mafia bust

2349
01:09:13,370 --> 01:09:14,772
out.

2350
01:09:14,772 --> 01:09:16,975
Desabts' campaign donor who were

2351
01:09:16,975 --> 01:09:18,343
uf trustees after the donation

2352
01:09:18,343 --> 01:09:20,779
they gave are now owners of the

2353
01:09:20,779 --> 01:09:22,130
rays and they will now destroy

2354
01:09:22,130 --> 01:09:23,515
hillsborough college of 27,000

2355
01:09:23,515 --> 01:09:24,917
students while screwing over the

2356
01:09:24,917 --> 01:09:26,552
taxpayers of hillsborough county

2357
01:09:26,552 --> 01:09:27,352
and most of our elected

2358
01:09:27,352 --> 01:09:28,587
officials unfortunately will

2359
01:09:28,587 --> 01:09:30,587
vote for this.

2360
01:09:30,622 --> 01:09:32,560
As hillsborough college board

2361
01:09:32,560 --> 01:09:33,958
meeting the other day the cfo

2362
01:09:33,958 --> 01:09:36,829
said they need $215 million to

2363
01:09:36,829 --> 01:09:37,896
rebuild the campus.

2364
01:09:37,896 --> 01:09:40,296
Atwater the PRESIDENT Telling

2365
01:09:40,331 --> 01:09:41,200
everybody they only need

2366
01:09:41,200 --> 01:09:41,633
$150 million, who do you

2367
01:09:41,633 --> 01:09:42,901
believe?

2368
01:09:42,901 --> 01:09:43,335
We know atwater has to go with

2369
01:09:43,335 --> 01:09:44,903
the flow.

2370
01:09:44,903 --> 01:09:45,904
They only receive $50 million

2371
01:09:45,904 --> 01:09:47,105
from the state.

2372
01:09:47,105 --> 01:09:48,941
They will have to beg from the

2373
01:09:48,941 --> 01:09:50,242
state to get the additional

2374
01:09:50,242 --> 01:09:50,676
funds competing with charter

2375
01:09:50,676 --> 01:09:52,344
schools.

2376
01:09:52,344 --> 01:09:52,811
They can't even fix their

2377
01:09:52,811 --> 01:09:54,811
elevator.

2378
01:09:54,813 --> 01:09:55,247
The school will be a shell of

2379
01:09:55,247 --> 01:09:57,247
itself.

2380
01:09:58,149 --> 01:09:59,552
All in the name of baseball.

2381
01:09:59,552 --> 01:10:00,510
Students -- school is being

2382
01:10:00,510 --> 01:10:00,953
renovated.

2383
01:10:00,953 --> 01:10:02,210
Faculty is told to be positive

2384
01:10:02,210 --> 01:10:04,210
about the project.

2385
01:10:05,524 --> 01:10:07,460
Students will be in trailers

2386
01:10:07,460 --> 01:10:09,695
while construction goes on.

2387
01:10:09,695 --> 01:10:10,162
Many students will drop out like

2388
01:10:10,162 --> 01:10:12,162
my daughter.

2389
01:10:12,331 --> 01:10:12,732
They can't drive to ybor or

2390
01:10:12,732 --> 01:10:13,666
brandon.

2391
01:10:13,666 --> 01:10:15,000
Yesterday at the meeting, two

2392
01:10:15,000 --> 01:10:17,400
councilmembers said they weren't

2393
01:10:18,437 --> 01:10:19,472
the ht -- lucky -- didn't sell

2394
01:10:19,472 --> 01:10:20,600
their campus out to

2395
01:10:20,600 --> 01:10:20,706
billionaires.

2396
01:10:20,706 --> 01:10:22,341
At the meeting yesterday the

2397
01:10:22,341 --> 01:10:24,376
city's lawyer stated no one has

2398
01:10:24,376 --> 01:10:26,512
even see the rays' financials.

2399
01:10:26,512 --> 01:10:28,481
I wonder if the owners are broke

2400
01:10:28,481 --> 01:10:30,583
as the shady subprime lenders

2401
01:10:30,583 --> 01:10:33,451
used to say, back in the --

2402
01:10:33,451 --> 01:10:34,853
>> christine miller: thank you I

2403
01:10:34,853 --> 01:10:36,853
for your comments.

2404
01:10:36,923 --> 01:10:39,923
Next up is michelle dyson

2405
01:10:42,270 --> 01:10:42,929
followed by cynthia shellberger

2406
01:10:42,929 --> 01:10:44,897
and rocky rockford.

2407
01:10:44,897 --> 01:10:47,266
>> hi, my name is michelle

2408
01:10:47,266 --> 01:10:47,834
dyson, I'm a bartender at

2409
01:10:47,834 --> 01:10:48,834
tropicana field.

2410
01:10:48,834 --> 01:10:49,936
I'm not here with polished

2411
01:10:49,936 --> 01:10:52,405
talking points, and I definitely

2412
01:10:52,405 --> 01:10:53,606
am not a politician or big

2413
01:10:53,606 --> 01:10:55,240
economics person.

2414
01:10:55,240 --> 01:10:56,342
But even as a high school

2415
01:10:56,342 --> 01:10:58,244
graduate, I would say that this

2416
01:10:58,244 --> 01:11:00,446
is a pretty good deal.

2417
01:11:00,446 --> 01:11:01,581
If we're being honest, the

2418
01:11:01,581 --> 01:11:02,315
stadium itself we know is not

2419
01:11:02,315 --> 01:11:04,500
the money maker.

2420
01:11:04,500 --> 01:11:05,510
We know it's the restaurants.

2421
01:11:05,510 --> 01:11:07,200
We know it's the money that

2422
01:11:07,200 --> 01:11:08,221
comes from there.

2423
01:11:08,221 --> 01:11:10,621
I love this deal.

2424
01:11:13,226 --> 01:11:14,527
I think it's a pretty damn good

2425
01:11:14,527 --> 01:11:16,527
deal.

2426
01:11:16,763 --> 01:11:18,131
I couldn't -- sat and listening

2427
01:11:18,131 --> 01:11:20,300
to a lot of these and we hand

2428
01:11:20,300 --> 01:11:21,533
out lot of money to a lat of

2429
01:11:21,533 --> 01:11:23,803
people who aren't vetted.

2430
01:11:23,803 --> 01:11:26,339
You hand out millions but yet

2431
01:11:26,339 --> 01:11:27,140
hese businessmen come in

2432
01:11:27,140 --> 01:11:28,774
established showing what they

2433
01:11:28,774 --> 01:11:32,374
have done other places, and we

2434
01:11:33,880 --> 01:11:34,981
hold their feet to the fire and

2435
01:11:34,981 --> 01:11:36,820
I'm not really sure why.

2436
01:11:36,820 --> 01:11:37,984
The gentleman earlier talked

2437
01:11:37,984 --> 01:11:38,752
about enknowns.

2438
01:11:38,752 --> 01:11:40,860
We can't govern.

2439
01:11:40,860 --> 01:11:41,221
We live in hurricane country.

2440
01:11:41,221 --> 01:11:42,122
We always will have unknown.

2441
01:11:42,122 --> 01:11:43,230
We don't know whether that

2442
01:11:43,230 --> 01:11:44,991
amendment will pass or not.

2443
01:11:44,991 --> 01:11:45,358
But we can't do this based on

2444
01:11:45,358 --> 01:11:46,326
that.

2445
01:11:46,326 --> 01:11:47,561
We have to take care of the

2446
01:11:47,561 --> 01:11:49,729
people who work there.

2447
01:11:49,729 --> 01:11:52,899
The community, I trust that you

2448
01:11:52,899 --> 01:11:55,468
know how to spend the money

2449
01:11:55,468 --> 01:11:56,503
wisely, and protect us as

2450
01:11:56,503 --> 01:11:58,705
citizens of this community.

2451
01:11:58,705 --> 01:12:02,108
the only problem I have with

2452
01:12:02,108 --> 01:12:02,575
everything is the name champions

2453
01:12:02,575 --> 01:12:03,143
corridor.

2454
01:12:03,143 --> 01:12:05,378
I don't feel like that that

2455
01:12:05,378 --> 01:12:06,713
expressed the home of st. Pete,

2456
01:12:06,713 --> 01:12:09,480
I mean of tampa, and I made this

2457
01:12:09,480 --> 01:12:10,784
shirt to say that the sol is the

2458
01:12:10,784 --> 01:12:13,184
name that I picked.

2459
01:12:13,520 --> 01:12:14,988
I think it suggests the warmth

2460
01:12:14,988 --> 01:12:17,124
of the soul of our city and the

2461
01:12:17,124 --> 01:12:18,892
tip to our latin culture.

2462
01:12:18,892 --> 01:12:20,160
I put at drew park because we

2463
01:12:20,160 --> 01:12:21,395
shouldn't forget the people, the

2464
01:12:21,395 --> 01:12:24,431
hard working people there, and I

2465
01:12:24,431 --> 01:12:26,633
just hope that this passes, this

2466
01:12:26,633 --> 01:12:28,435
should be my final time speaking

2467
01:12:28,435 --> 01:12:30,300
I hope on any of this, so I

2468
01:12:30,300 --> 01:12:30,804
appreciate everything, and good

2469
01:12:30,804 --> 01:12:32,138
luck to you all.

2470
01:12:32,138 --> 01:12:33,540
I pray for each of you that you

2471
01:12:33,540 --> 01:12:34,541
make the correct decision today.

2472
01:12:34,541 --> 01:12:35,742
So thank you.

2473
01:12:35,742 --> 01:12:36,910
>> ken hagan: thank you,

2474
01:12:36,910 --> 01:12:38,910
MS. Dyson.

2475
01:12:39,179 --> 01:12:41,579
Cynthia shellabarger followed by

2476
01:12:42,449 --> 01:12:42,883
robert rockford and then brian

2477
01:12:42,883 --> 01:12:43,217
lambert.

2478
01:12:43,217 --> 01:12:45,217
Good morning.

2479
01:12:45,953 --> 01:12:46,452
>> hello, my name is cynthia

2480
01:12:46,452 --> 01:12:47,521
shellabarger.

2481
01:12:47,521 --> 01:12:48,889
Good morning, commissioners.

2482
01:12:48,889 --> 01:12:52,192
Today you are being asked to

2483
01:12:52,192 --> 01:12:53,427
cast a historic vote on 134-page

2484
01:12:53,427 --> 01:12:55,129
stadium agreement.

2485
01:12:55,129 --> 01:12:58,129
While this board has worked

2486
01:12:58,199 --> 01:12:59,900
hard, there are two distinct

2487
01:12:59,900 --> 01:13:01,680
unresolved issued in this

2488
01:13:01,680 --> 01:13:02,200
contract that require you to

2489
01:13:02,200 --> 01:13:02,535
vote no today until they are

2490
01:13:02,535 --> 01:13:04,535
fixed.

2491
01:13:04,705 --> 01:13:06,474
This stadium deal requires the

2492
01:13:06,474 --> 01:13:08,174
demolition of eight vital

2493
01:13:08,174 --> 01:13:10,144
hillsborough college buildings.

2494
01:13:10,144 --> 01:13:13,481
Yet the state funding to replace

2495
01:13:13,481 --> 01:13:14,140
these classrooms is not legally

2496
01:13:14,140 --> 01:13:16,140
secure.

2497
01:13:16,450 --> 01:13:19,320
When it came to suburban

2498
01:13:19,320 --> 01:13:19,820
asphalt, you negotiated

2499
01:13:19,820 --> 01:13:21,820
brilliantly.

2500
01:13:22,123 --> 01:13:23,224
You inserted a protective,

2501
01:13:23,224 --> 01:13:25,624
quote, escape valve, unquote,

2502
01:13:26,160 --> 01:13:27,461
for lithia pinecrest road

2503
01:13:27,461 --> 01:13:30,970
declaring that if the state

2504
01:13:30,970 --> 01:13:32,660
fails to deliver its

2505
01:13:32,660 --> 01:13:33,434
$100 million promise, the county

2506
01:13:33,434 --> 01:13:35,202
will deduct the exact shortfall

2507
01:13:35,202 --> 01:13:37,271
from the stadium fund.

2508
01:13:37,271 --> 01:13:39,730
Why aren't you using this exact

2509
01:13:39,730 --> 01:13:41,809
same technique to protect our

2510
01:13:41,809 --> 01:13:43,809
college students?

2511
01:13:44,450 --> 01:13:45,480
It's if a clawback provision is

2512
01:13:45,480 --> 01:13:48,480
good enough for tarmac, it must

2513
01:13:48,480 --> 01:13:48,516
be good enough for higher

2514
01:13:48,516 --> 01:13:50,184
education.

2515
01:13:50,184 --> 01:13:52,184
Use your leverage.

2516
01:13:52,587 --> 01:13:54,522
Demand the exact same clawback

2517
01:13:54,522 --> 01:13:54,922
protection for hillsborough

2518
01:13:54,922 --> 01:13:56,922
college.

2519
01:13:58,159 --> 01:14:00,294
Yesterday the tampa city council

2520
01:14:00,294 --> 01:14:00,962
realizessed ty at the last

2521
01:14:00,962 --> 01:14:01,863
second that the community

2522
01:14:01,863 --> 01:14:03,640
benefits agreement does not

2523
01:14:03,640 --> 01:14:06,640
contain a single dollar amount.

2524
01:14:06,934 --> 01:14:09,170
It is completely blank.

2525
01:14:09,170 --> 01:14:10,171
COUNCILWOMAN Lynn hurtak rightly

2526
01:14:10,171 --> 01:14:10,938
demanded a baseline o at least

2527
01:14:10,938 --> 01:14:12,940
75 department of million to

2528
01:14:12,940 --> 01:14:14,420
protect local res -- $75 million

2529
01:14:14,420 --> 01:14:15,420
to protect local residents but

2530
01:14:15,420 --> 01:14:16,611
instead of fixing it the city

2531
01:14:16,611 --> 01:14:17,978
left it to this board.

2532
01:14:17,978 --> 01:14:19,414
In business you never sign a

2533
01:14:19,414 --> 01:14:20,614
contract first and negotiate a

2534
01:14:20,614 --> 01:14:22,614
price later.

2535
01:14:22,717 --> 01:14:24,485
The rays framework states that

2536
01:14:24,485 --> 01:14:26,755
65% of these community benefits

2537
01:14:26,755 --> 01:14:27,188
must go directly to hillsborough

2538
01:14:27,188 --> 01:14:28,990
college.

2539
01:14:28,990 --> 01:14:30,458
By signing a blank check today

2540
01:14:30,458 --> 01:14:31,792
you surrender 100% of your

2541
01:14:31,792 --> 01:14:33,762
leverage and leave the county

2542
01:14:33,762 --> 01:14:34,963
housing and job training

2543
01:14:34,963 --> 01:14:36,497
programs expose.

2544
01:14:36,497 --> 01:14:38,497
Vote no today.

2545
01:14:38,667 --> 01:14:40,168
Tell negotiators to secure the

2546
01:14:40,168 --> 01:14:42,168
hillsborough college clawback

2547
01:14:43,371 --> 01:14:44,338
and lock a minimum of

2548
01:14:44,338 --> 01:14:45,940
$75 million into the community

2549
01:14:45,940 --> 01:14:47,576
benefits agreement.

2550
01:14:47,576 --> 01:14:48,577
>> ken hagan: thank you.

2551
01:14:48,577 --> 01:14:49,877
robert rockford?

2552
01:14:49,877 --> 01:14:51,880
Followed by brian lambert and

2553
01:14:51,880 --> 01:14:53,115
then john michael elms.

2554
01:14:53,115 --> 01:14:54,116
Good morning.

2555
01:14:54,116 --> 01:14:56,116
>> good morning, commissioners.

2556
01:14:56,518 --> 01:14:58,286
My name is rocky rockford and

2557
01:14:58,286 --> 01:14:59,190
I'm a retired U.S. Navy captain

2558
01:14:59,190 --> 01:15:01,490
with thirty three years of

2559
01:15:01,490 --> 01:15:02,690
service and I've been

2560
01:15:02,690 --> 01:15:03,191
hillsborough county called home

2561
01:15:03,191 --> 01:15:04,859
since 1989.

2562
01:15:04,859 --> 01:15:05,360
I'm speaking to you today as a

2563
01:15:05,360 --> 01:15:06,962
taxpayer.

2564
01:15:06,962 --> 01:15:09,364
I'm here because you have a

2565
01:15:09,364 --> 01:15:09,897
fiduciary agreement to the

2566
01:15:09,897 --> 01:15:12,000
`1.5 million people of this

2567
01:15:12,000 --> 01:15:13,801
county, and this agreement as

2568
01:15:13,801 --> 01:15:14,369
written doesn't live up to that

2569
01:15:14,369 --> 01:15:15,370
duty.

2570
01:15:15,370 --> 01:15:17,770
Let's talk the numbers.

2571
01:15:18,240 --> 01:15:20,408
When you factor in property tax

2572
01:15:20,408 --> 01:15:22,277
breaks, value of the land, and

2573
01:15:22,277 --> 01:15:23,812
lists have put the true cost of

2574
01:15:23,812 --> 01:15:24,112
this deal at north of

2575
01:15:24,112 --> 01:15:25,547
$2 billion.

2576
01:15:25,547 --> 01:15:28,750
And that's for a franchise that

2577
01:15:28,750 --> 01:15:30,152
sold last year for $1.7 billion.

2578
01:15:30,152 --> 01:15:31,787
There's a better deal out there.

2579
01:15:31,787 --> 01:15:35,900
You just didn't ask for it.

2580
01:15:35,900 --> 01:15:36,992
The cit you're tapping for

2581
01:15:36,992 --> 01:15:38,193
$360 million was approved by

2582
01:15:38,193 --> 01:15:40,193
voters in 2024.

2583
01:15:40,596 --> 01:15:41,864
Your own colleague commissioner

2584
01:15:41,864 --> 01:15:43,432
wostal said it plainly.

2585
01:15:43,432 --> 01:15:44,666
It's not if we get sued on this.

2586
01:15:44,666 --> 01:15:46,666
It's when.

2587
01:15:46,968 --> 01:15:47,970
And he is right.

2588
01:15:47,970 --> 01:15:49,970
Community benefits.

2589
01:15:50,500 --> 01:15:51,874
When you read the actual cba,

2590
01:15:51,874 --> 01:15:52,640
there is no specific dollar

2591
01:15:52,640 --> 01:15:54,640
amounts.

2592
01:15:54,710 --> 01:15:56,679
No enforceable commitments.

2593
01:15:56,679 --> 01:15:57,979
No building, binding targets.

2594
01:15:57,979 --> 01:15:59,949
No independent oversight.

2595
01:15:59,949 --> 01:16:01,383
That's not a cba.

2596
01:16:01,383 --> 01:16:03,118
That's a pres release.

2597
01:16:03,118 --> 01:16:04,987
Let's compare our cba to what

2598
01:16:04,987 --> 01:16:05,854
other comunities have actually

2599
01:16:05,854 --> 01:16:07,289
negotiated.

2600
01:16:07,289 --> 01:16:09,689
The buffalo bills, $3 million

2601
01:16:09,892 --> 01:16:12,292
for 30 years, and oversight

2602
01:16:12,728 --> 01:16:14,290
committee, 30% mwbe hiring

2603
01:16:14,290 --> 01:16:16,310
goals, L.A. Clippers, $100 mill

2604
01:16:16,310 --> 01:16:18,267
tbrn forrian for local programs.

2605
01:16:18,267 --> 01:16:19,268
The falcons, over $106 million

2606
01:16:19,268 --> 01:16:20,803
and then there are the owners

2607
01:16:20,803 --> 01:16:21,771
who didn't ask for a single

2608
01:16:21,771 --> 01:16:23,771
public dollar.

2609
01:16:23,973 --> 01:16:25,507
Golden state warriors built the

2610
01:16:25,507 --> 01:16:27,507
$1 billion chase center.

2611
01:16:29,512 --> 01:16:30,112
Stan crawngy built soify stadium

2612
01:16:30,112 --> 01:16:31,580
for $5.5 billion.

2613
01:16:31,580 --> 01:16:33,416
, no public subsidies.

2614
01:16:33,416 --> 01:16:34,417
What did you negotiate,

2615
01:16:34,417 --> 01:16:37,417
$4 million a year in rent.

2616
01:16:39,422 --> 01:16:41,157
On an $876 million tab that's a

2617
01:16:41,157 --> 01:16:43,920
0.46% annual return.

2618
01:16:43,920 --> 01:16:44,193
A simple savings account pays 10

2619
01:16:44,193 --> 01:16:46,610
times that.

2620
01:16:46,610 --> 01:16:46,462
I'm asking you to do only one

2621
01:16:46,462 --> 01:16:48,462
thing.

2622
01:16:48,597 --> 01:16:51,299
Delay the vote for 90 days.

2623
01:16:51,299 --> 01:16:52,401
Negotiate a real cba with

2624
01:16:52,401 --> 01:16:54,401
enforceable dollar commitments.

2625
01:16:55,604 --> 01:16:57,730
Demand a 25year homestead

2626
01:16:57,730 --> 01:16:58,410
extension clause -- thank you

2627
01:16:58,410 --> 01:16:58,374
very much I appreciate it.

2628
01:16:58,374 --> 01:16:58,941
I.

2629
01:16:58,941 --> 01:16:59,909
>> ken hagan: yes, sir,

2630
01:16:59,909 --> 01:17:01,477
appreciate the comments.

2631
01:17:01,477 --> 01:17:02,778
Brian lambert.

2632
01:17:02,778 --> 01:17:05,281
Followed by john michael elms

2633
01:17:05,281 --> 01:17:06,582
and then chris parodies who's

2634
01:17:06,582 --> 01:17:08,384
virtual.

2635
01:17:08,384 --> 01:17:09,618
>> good

2636
01:17:09,618 --> 01:17:10,587
commissioners, thank you for

2637
01:17:10,587 --> 01:17:11,200
the opportunity to speak this

2638
01:17:11,200 --> 01:17:12,422
morning.

2639
01:17:12,422 --> 01:17:15,191
My name is brian lambert I'm

2640
01:17:15,191 --> 01:17:16,920
here as a taxpayer, a

2641
01:17:16,920 --> 01:17:16,993
candidate -- and someone who

2642
01:17:16,993 --> 01:17:17,227
generally wants our region to

2643
01:17:17,227 --> 01:17:18,962
thrive.

2644
01:17:18,962 --> 01:17:19,529
I want to be clear from the

2645
01:17:19,529 --> 01:17:20,530
start.

2646
01:17:20,530 --> 01:17:21,765
I love baseball.

2647
01:17:21,765 --> 01:17:25,101
I want the rays to remain part

2648
01:17:25,101 --> 01:17:26,202
of our community, but requiring

2649
01:17:26,202 --> 01:17:28,602
$360 million of taxpayer funds

2650
01:17:28,938 --> 01:17:30,674
from the cit fund subsidized a

2651
01:17:30,674 --> 01:17:31,107
billion dollar degree is not the

2652
01:17:31,107 --> 01:17:32,976
answer.

2653
01:17:32,976 --> 01:17:36,279
-- industry is not the answer.

2654
01:17:36,279 --> 01:17:37,147
Cit was designed -- public

2655
01:17:37,147 --> 01:17:38,615
safety and community centers.

2656
01:17:38,615 --> 01:17:39,616
These are things every resident

2657
01:17:39,616 --> 01:17:41,550
needs and uses.

2658
01:17:41,550 --> 01:17:42,850
A stadium by contrast is

2659
01:17:42,850 --> 01:17:44,850
ntertainment.

2660
01:17:44,870 --> 01:17:44,487
Something not every resident

2661
01:17:44,487 --> 01:17:45,621
needs.

2662
01:17:45,621 --> 01:17:47,230
It's meaningful entertainment

2663
01:17:47,230 --> 01:17:49,826
`and prideful to many fans.

2664
01:17:49,826 --> 01:17:50,961
But it is still entertainment.

2665
01:17:50,961 --> 01:17:52,863
And when only a small percentage

2666
01:17:52,863 --> 01:17:55,632
of the county regularly attend

2667
01:17:55,632 --> 01:17:56,499
games it's not fair to ask the

2668
01:17:56,499 --> 01:17:58,100
entire population of the county

2669
01:17:58,100 --> 01:18:00,500
to carry the cost.

2670
01:18:00,670 --> 01:18:01,537
The proposal asks for more than

2671
01:18:01,537 --> 01:18:04,700
1 million people to fund a

2672
01:18:04,700 --> 01:18:05,108
private sports club worth more

2673
01:18:05,108 --> 01:18:07,508
than $1.7 billion owned by

2674
01:18:07,877 --> 01:18:08,177
governing agency worth more than

2675
01:18:08,177 --> 01:18:09,346
$79 billion.

2676
01:18:09,346 --> 01:18:12,346
That is difficult to justify

2677
01:18:13,583 --> 01:18:15,852
`when families are dealing with

2678
01:18:15,852 --> 01:18:16,520
struggles at home,

2679
01:18:16,520 --> 01:18:17,387
transportation, basic

2680
01:18:17,387 --> 01:18:19,221
infrastructure, the money is

2681
01:18:19,221 --> 01:18:20,123
limited -- with the money is

2682
01:18:20,123 --> 01:18:20,824
limited, public priorities

2683
01:18:20,824 --> 01:18:22,626
should be first.

2684
01:18:22,626 --> 01:18:24,794
We often criticize the federal

2685
01:18:24,794 --> 01:18:26,330
government for spending beyond

2686
01:18:26,330 --> 01:18:27,464
its means.

2687
01:18:27,464 --> 01:18:30,601
E oint to the debt and say

2688
01:18:30,601 --> 01:18:32,369
this is pattern is unastainable.

2689
01:18:32,369 --> 01:18:33,303
The state has shown fiscal

2690
01:18:33,303 --> 01:18:34,137
discipline to break the cycle.

2691
01:18:34,137 --> 01:18:34,404
The county government should do

2692
01:18:34,404 --> 01:18:35,572
the same.

2693
01:18:35,572 --> 01:18:37,808
We should not start a new cycle

2694
01:18:37,808 --> 01:18:40,208
by shifting private business

2695
01:18:40,376 --> 01:18:42,146
costs onto taxpayers.

2696
01:18:42,146 --> 01:18:43,681
Supporters MAY argue investment

2697
01:18:43,681 --> 01:18:44,380
create economic benefits.

2698
01:18:44,380 --> 01:18:46,716
That's not the question.

2699
01:18:46,716 --> 01:18:49,586
The question is whether is this

2700
01:18:49,586 --> 01:18:50,921
the best and fairest use of

2701
01:18:50,921 --> 01:18:51,588
taxpaydlers designated

2702
01:18:51,588 --> 01:18:51,956
designated for

2703
01:18:51,956 --> 01:18:52,990
infrastructure.

2704
01:18:52,990 --> 01:18:54,758
The project is truly strock and

2705
01:18:54,758 --> 01:18:56,193
the team and league -- strong

2706
01:18:56,193 --> 01:18:56,961
and and the team and the league

2707
01:18:56,961 --> 01:18:57,561
believe in the market then

2708
01:18:57,561 --> 01:18:58,280
baseball should pay for

2709
01:18:58,280 --> 01:18:59,230
baseball.

2710
01:18:59,230 --> 01:19:00,664
I ask you to protect the purpose

2711
01:19:00,664 --> 01:19:02,166
of the cit fund, use

2712
01:19:02,166 --> 01:19:03,367
infrastructure dollars for

2713
01:19:03,367 --> 01:19:04,501
infrastructure, use taxpayer

2714
01:19:04,501 --> 01:19:05,870
dollars for needs that serve the

2715
01:19:05,870 --> 01:19:07,171
broad public, and keep the rays

2716
01:19:07,171 --> 01:19:08,839
if we can, but do not do it by

2717
01:19:08,839 --> 01:19:09,206
asking the residents to pay for

2718
01:19:09,206 --> 01:19:09,974
it.

2719
01:19:09,974 --> 01:19:10,474
>> ken hagan: thank you,

2720
01:19:10,474 --> 01:19:11,342
MR. Lambert.

2721
01:19:11,342 --> 01:19:12,576
Appreciate it.

2722
01:19:12,576 --> 01:19:13,110
John michael elms.

2723
01:19:13,110 --> 01:19:13,544
MR. Elms here?

2724
01:19:13,544 --> 01:19:15,544
No?

2725
01:19:18,115 --> 01:19:21,115
We got chris paradies who's

2726
01:19:24,989 --> 01:19:25,389
virtual followed by sandra

2727
01:19:25,389 --> 01:19:26,690
macaw.

2728
01:19:26,690 --> 01:19:29,930
>> chris has not checked in.

2729
01:19:29,930 --> 01:19:30,761
>> ken hagan: thank you.

2730
01:19:30,761 --> 01:19:32,761
Sandra moreska.

2731
01:19:33,300 --> 01:19:33,564
Sandra here?

2732
01:19:33,564 --> 01:19:35,233
Come on down.

2733
01:19:35,233 --> 01:19:37,601
And then following sandra will

2734
01:19:37,601 --> 01:19:40,601
be abraham desta who's virtual.

2735
01:19:46,440 --> 01:19:46,477
And then frank moneymaker.

2736
01:19:46,477 --> 01:19:47,512
Morning.

2737
01:19:47,512 --> 01:19:49,512
>> good morning, commissioners.

2738
01:19:50,547 --> 01:19:52,490
My name is sandra moreska and

2739
01:19:52,490 --> 01:19:53,785
I'm here today as a hillsborough

2740
01:19:53,785 --> 01:19:55,520
county taxpayer to ask you to

2741
01:19:55,520 --> 01:19:57,255
vote no on the proposed rays

2742
01:19:57,255 --> 01:19:59,255
stadium agreement.

2743
01:20:00,225 --> 01:20:00,658
This isn't about whether I like

2744
01:20:00,658 --> 01:20:02,126
baseball.

2745
01:20:02,126 --> 01:20:05,329
It isn't about whether I want

2746
01:20:05,329 --> 01:20:08,633
the rays to remain in tampa bay.

2747
01:20:08,633 --> 01:20:10,568
It's about whether this is an

2748
01:20:10,568 --> 01:20:12,870
appropriate use of public money

2749
01:20:12,870 --> 01:20:13,605
and whether the taxpayers of

2750
01:20:13,605 --> 01:20:16,500
hillsborough county are being

2751
01:20:17,342 --> 01:20:21,542
asked to take on too much risk.

2752
01:20:21,813 --> 01:20:22,346
We are talking about a

2753
01:20:22,346 --> 01:20:24,115
$2.3 billion project with

2754
01:20:24,115 --> 01:20:25,750
hundreds of millions of dollars

2755
01:20:25,750 --> 01:20:27,750
in public funding.

2756
01:20:28,530 --> 01:20:30,530
This county's proposed

2757
01:20:31,890 --> 01:20:33,425
contribution is approximately

2758
01:20:33,425 --> 01:20:35,425
$796 million, including money

2759
01:20:35,726 --> 01:20:37,362
connected to the community

2760
01:20:37,362 --> 01:20:39,762
investment tax and tourism

2761
01:20:39,997 --> 01:20:40,898
related revenues.

2762
01:20:40,898 --> 01:20:43,298
Before taxpayers commit this

2763
01:20:44,236 --> 01:20:45,737
kind of money, I believe we

2764
01:20:45,737 --> 01:20:47,506
should have complete

2765
01:20:47,506 --> 01:20:49,906
transparency about the costs,

2766
01:20:50,275 --> 01:20:52,110
the assumptions behind the

2767
01:20:52,110 --> 01:20:54,510
financing, the risks, and

2768
01:20:54,713 --> 01:20:55,847
exactly what the taxpayers

2769
01:20:55,847 --> 01:20:57,847
receive in return.

2770
01:20:58,550 --> 01:21:00,550
Commissioner wostal has

2771
01:21:00,618 --> 01:21:01,860
constantly raised those

2772
01:21:01,860 --> 01:21:03,860
questions.

2773
01:21:03,888 --> 01:21:05,220
He opposed the earlier mou in

2774
01:21:05,220 --> 01:21:06,992
part because he believed

2775
01:21:06,992 --> 01:21:08,493
commissioners did not have

2776
01:21:08,493 --> 01:21:10,893
enough financial information to

2777
01:21:11,697 --> 01:21:12,697
make an informed decision.

2778
01:21:12,697 --> 01:21:14,533
I appreciate that the he is

2779
01:21:14,533 --> 01:21:16,335
willing to ask difficult

2780
01:21:16,335 --> 01:21:18,735
questions rather than simply

2781
01:21:18,837 --> 01:21:19,605
accept that this is a once in a

2782
01:21:19,605 --> 01:21:22,500
lifetime opportunity that we

2783
01:21:22,740 --> 01:21:24,474
have to approve immediately.

2784
01:21:24,676 --> 01:21:26,440
If this project is truly such a

2785
01:21:26,440 --> 01:21:27,479
tremendous investment for

2786
01:21:27,479 --> 01:21:29,879
hillsborough county, it should

2787
01:21:31,830 --> 01:21:31,550
be able to withstand rigorous

2788
01:21:31,550 --> 01:21:32,851
scrutiny.

2789
01:21:32,851 --> 01:21:34,987
Please don't ask taxpayers to

2790
01:21:34,987 --> 01:21:36,555
take the risks simply because

2791
01:21:36,555 --> 01:21:37,822
there is pressure to meet a

2792
01:21:37,822 --> 01:21:39,591
construction timeline.

2793
01:21:39,591 --> 01:21:41,994
I am asking you to put the

2794
01:21:41,994 --> 01:21:43,528
interest of hillsborough county

2795
01:21:43,528 --> 01:21:45,928
taxpayers first and specifically

2796
01:21:46,799 --> 01:21:48,334
I want to thank commissioner

2797
01:21:48,334 --> 01:21:50,401
wostal for continuing to demand,

2798
01:21:50,401 --> 01:21:50,936
please vote no.

2799
01:21:50,936 --> 01:21:51,604
>> ken hagan: thank you.

2800
01:21:51,604 --> 01:21:53,138
Appreciate the comments.

2801
01:21:53,138 --> 01:21:54,873
abraham desta who's virtual

2802
01:21:54,873 --> 01:21:55,540
followed by frank moneymaker and

2803
01:21:55,540 --> 01:21:57,540
catherine corman.

2804
01:21:57,643 --> 01:21:59,845
Is abraham on the libe?

2805
01:21:59,845 --> 01:22:00,813
Line?

2806
01:22:00,813 --> 01:22:01,447
P>> abraham has not checked in.

2807
01:22:01,447 --> 01:22:01,914
>> ken hagan: all right, thank

2808
01:22:01,914 --> 01:22:03,914
you.

2809
01:22:06,719 --> 01:22:08,153
Frank?

2810
01:22:08,153 --> 01:22:08,587
No frank?

2811
01:22:08,587 --> 01:22:10,556
Okay.

2812
01:22:10,556 --> 01:22:11,524
Catherine corman?

2813
01:22:11,524 --> 01:22:13,580
Is catherine here?

2814
01:22:13,580 --> 01:22:15,227
Okay, followed by marian goodrum

2815
01:22:15,227 --> 01:22:17,627
and then patrick bailey.

2816
01:22:20,660 --> 01:22:20,966
Good morning.

2817
01:22:20,966 --> 01:22:22,535
>> good morning, commissioners.

2818
01:22:22,535 --> 01:22:24,170
My name is catherine corman, I'm

2819
01:22:24,170 --> 01:22:25,537
a florida native and resident of

2820
01:22:25,537 --> 01:22:26,605
hillsborough county for over 30

2821
01:22:26,605 --> 01:22:28,107
years.

2822
01:22:28,107 --> 01:22:28,774
At a time when folks in our

2823
01:22:28,774 --> 01:22:29,875
county are working with

2824
01:22:29,875 --> 01:22:31,277
full-time and still struggling

2825
01:22:31,277 --> 01:22:32,578
to find affordable housing,

2826
01:22:32,578 --> 01:22:33,713
they're struggling to afford

2827
01:22:33,713 --> 01:22:35,140
groceries, they're struggling to

2828
01:22:35,140 --> 01:22:37,490
afford gas and car insurance, I

2829
01:22:37,490 --> 01:22:37,517
mean, it's $4 a gallon for

2830
01:22:37,517 --> 01:22:38,450
unleaded?

2831
01:22:38,450 --> 01:22:40,450
Are we kidding?

2832
01:22:40,986 --> 01:22:42,255
I'm really dismayed that our

2833
01:22:42,255 --> 01:22:43,256
political leaders are

2834
01:22:43,256 --> 01:22:44,222
considering diverting funds

2835
01:22:44,222 --> 01:22:46,222
towards a stadium.

2836
01:22:46,325 --> 01:22:48,161
The people need and more

2837
01:22:48,161 --> 01:22:49,695
importantly they deserve

2838
01:22:49,695 --> 01:22:51,695
solutions not breed

2839
01:22:52,231 --> 01:22:53,766
bread and

2840
01:22:53,766 --> 01:22:55,468
circumstanceses the currently

2841
01:22:55,468 --> 01:22:56,603
counterto this is that a stadium

2842
01:22:56,603 --> 01:22:57,804
and mixed use district will have

2843
01:22:57,804 --> 01:22:58,400
jobs and tourist dollars brought

2844
01:22:58,400 --> 01:22:59,138
in.

2845
01:22:59,138 --> 01:23:00,390
At this point you're all aware

2846
01:23:00,390 --> 01:23:01,474
of what the

2847
01:23:01,474 --> 01:23:03,900
the data says, but I

2848
01:23:03,900 --> 01:23:05,177
will emphasize that empirical

2849
01:23:05,177 --> 01:23:06,145
studies have demonstrated time

2850
01:23:06,145 --> 01:23:07,880
and again that the economic

2851
01:23:07,880 --> 01:23:10,280
benefits provided by sports

2852
01:23:10,283 --> 01:23:12,285
stadiums are overstated at best,

2853
01:23:12,285 --> 01:23:14,720
and temporary at the worst.

2854
01:23:14,720 --> 01:23:16,890
We're living in a time as well

2855
01:23:16,890 --> 01:23:17,423
when young people are consuming

2856
01:23:17,423 --> 01:23:18,357
less alcohol than ever, they're

2857
01:23:18,357 --> 01:23:19,325
peding less time and money

2858
01:23:19,325 --> 01:23:21,594
that they don't have, because a

2859
01:23:21,594 --> 01:23:22,562
lot of them are underemployed,

2860
01:23:22,562 --> 01:23:23,496
on leisure and sporting

2861
01:23:23,496 --> 01:23:24,864
activities, all of this more

2862
01:23:24,864 --> 01:23:26,566
than ever.

2863
01:23:26,566 --> 01:23:27,000
This stadium is not for their

2864
01:23:27,000 --> 01:23:28,234
future.

2865
01:23:28,234 --> 01:23:30,737
And speaking of the future, this

2866
01:23:30,737 --> 01:23:31,904
deal could set a dangerous

2867
01:23:31,904 --> 01:23:32,504
precedent for florida's halls of

2868
01:23:32,504 --> 01:23:33,640
public education.

2869
01:23:33,640 --> 01:23:34,841
Today the rays are asking to

2870
01:23:34,841 --> 01:23:35,909
displace the largest of

2871
01:23:35,909 --> 01:23:37,644
hillsborough college's campuses,

2872
01:23:37,644 --> 01:23:39,546
but what if tomorrow, if a

2873
01:23:39,546 --> 01:23:40,947
billion dollar company like

2874
01:23:40,947 --> 01:23:42,649
amazon lusts after cheap public

2875
01:23:42,649 --> 01:23:43,816
land, what's to stop them from

2876
01:23:43,816 --> 01:23:46,860
displacing any of the 28 state

2877
01:23:46,860 --> 01:23:48,255
colleges and their 70 campuses?

2878
01:23:48,255 --> 01:23:49,689
Folks in this county are already

2879
01:23:49,689 --> 01:23:51,257
talking about how dale mabry is

2880
01:23:51,257 --> 01:23:52,292
going to be closed to build the

2881
01:23:52,292 --> 01:23:53,860
stadium, while we're all aware

2882
01:23:53,860 --> 01:23:55,261
that that's not the case, and a

2883
01:23:55,261 --> 01:23:56,630
tremendous amount of care has

2884
01:23:56,630 --> 01:23:57,964
been devoted by hillsborough

2885
01:23:57,964 --> 01:23:59,466
ollege's administration to

2886
01:23:59,466 --> 01:24:00,767
mitigate the impact on

2887
01:24:00,767 --> 01:24:01,234
operations perception is

2888
01:24:01,234 --> 01:24:02,535
reality.

2889
01:24:02,535 --> 01:24:03,603
It speaks to the current zite

2890
01:24:03,603 --> 01:24:05,138
gries that people are more than

2891
01:24:05,138 --> 01:24:06,273
`willing to believe that public

2892
01:24:06,273 --> 01:24:08,709
education is being sold out for

2893
01:24:08,709 --> 01:24:09,242
the private interest of

2894
01:24:09,242 --> 01:24:09,776
billionaires.

2895
01:24:09,776 --> 01:24:11,845
We're also looking at the

2896
01:24:11,845 --> 01:24:13,179
possibility of amendment 3,

2897
01:24:13,179 --> 01:24:15,115
which we would be devastating to

2898
01:24:15,115 --> 01:24:16,316
the cdd, the city and county's

2899
01:24:16,316 --> 01:24:17,984
budget, we look and we see there

2900
01:24:17,984 --> 01:24:18,384
is bipartisan opposition to

2901
01:24:18,384 --> 01:24:19,385
this.

2902
01:24:19,385 --> 01:24:20,687
I implore the board, consider

2903
01:24:20,687 --> 01:24:21,421
our people and vote no.

2904
01:24:21,421 --> 01:24:22,856
>> ken hagan: thank you,

2905
01:24:22,856 --> 01:24:24,825
MS. Corman.

2906
01:24:24,825 --> 01:24:26,627
Marian goodrum.

2907
01:24:26,627 --> 01:24:28,428
Followed by patrick bailey and

2908
01:24:28,428 --> 01:24:28,861
then sharon almon who's virtual.

2909
01:24:28,861 --> 01:24:30,464
>> good morning.

2910
01:24:30,464 --> 01:24:33,464
My name is marian goodrum.

2911
01:24:34,802 --> 01:24:35,368
I have lived iphillsborough in icfor more -- in

2912
01:24:35,368 --> 01:24:35,736
hillsborough county for more

2913
01:24:35,736 --> 01:24:36,702
than 40 years.

2914
01:24:36,702 --> 01:24:38,105
It's good to esooyou again,

2915
01:24:38,105 --> 01:24:38,806
commissioner wostal and

2916
01:24:38,806 --> 01:24:40,806
commissioner myers.

2917
01:24:42,276 --> 01:24:43,277
Glad to be at your town hall

2918
01:24:43,277 --> 01:24:44,445
meetings.

2919
01:24:44,445 --> 01:24:44,845
I'm -- for a very specific

2920
01:24:44,845 --> 01:24:46,845
reason.

2921
01:24:46,979 --> 01:24:47,881
I'm concerned about the property

2922
01:24:47,881 --> 01:24:48,581
tax amendment and what will

2923
01:24:48,581 --> 01:24:51,384
happen to our county service

2924
01:24:51,384 --> 01:24:54,755
physical it 35szs which based on -- if it passes, which based

2925
01:24:54,755 --> 01:24:56,423
on current polls, 75 to 65% are

2926
01:24:56,423 --> 01:24:57,725
in favor thereof so it looks

2927
01:24:57,725 --> 01:24:58,459
like it's going to pass.

2928
01:24:58,459 --> 01:24:59,426
People are hurting financially

2929
01:24:59,426 --> 01:25:01,950
and they're looking for relief,

2930
01:25:01,950 --> 01:25:02,229
but now as leaders of

2931
01:25:02,229 --> 01:25:04,629
hillsborough county, you must

2932
01:25:04,698 --> 01:25:06,133
plan for the future, for what

2933
01:25:06,133 --> 01:25:06,667
the future of hillsborough

2934
01:25:06,667 --> 01:25:08,135
county will look like.

2935
01:25:08,135 --> 01:25:10,135
Two quick anecdotes.

2936
01:25:10,237 --> 01:25:11,806
I had an accident in 2020,

2937
01:25:11,806 --> 01:25:12,907
bruised my spinal cord and broke

2938
01:25:12,907 --> 01:25:15,307
a couple of bones.

2939
01:25:15,341 --> 01:25:16,100
I was in pain and I could not

2940
01:25:16,100 --> 01:25:18,100
move.

2941
01:25:19,180 --> 01:25:20,470
Ems and a fire truck came within

2942
01:25:20,470 --> 01:25:21,782
five minutes.

2943
01:25:21,782 --> 01:25:24,217
The firemen picked me up, put me

2944
01:25:24,217 --> 01:25:25,652
on a journey, ems took me to the

2945
01:25:25,652 --> 01:25:26,887
hospital where I had surgery or

2946
01:25:26,887 --> 01:25:29,256
I might not be standing here in

2947
01:25:29,256 --> 01:25:30,925
front of you today.

2948
01:25:30,925 --> 01:25:33,194
Second, we live in a pretty

2949
01:25:33,194 --> 01:25:34,895
quiet residential neighborhood

2950
01:25:34,895 --> 01:25:35,862
in riverview.

2951
01:25:35,862 --> 01:25:36,797
about three years ago someone

2952
01:25:36,797 --> 01:25:38,198
was yelling a couple of doors

2953
01:25:38,198 --> 01:25:40,670
down, and my husband went to see

2954
01:25:40,670 --> 01:25:42,270
if someone needed help.

2955
01:25:42,270 --> 01:25:44,572
A man who does not live in our

2956
01:25:44,572 --> 01:25:45,907
area who was high on who knows

2957
01:25:45,907 --> 01:25:47,875
what was running through the

2958
01:25:47,875 --> 01:25:49,430
yards yelling he tackled my

2959
01:25:49,430 --> 01:25:50,343
husband and held him to the

2960
01:25:50,343 --> 01:25:52,313
ground.

2961
01:25:52,313 --> 01:25:52,780
Luckily the neighbors called

2962
01:25:52,780 --> 01:25:54,780
911.

2963
01:25:55,115 --> 01:25:58,115
The deputies came quickly, one

2964
01:25:58,419 --> 01:25:59,654
of which was one of our former

2965
01:25:59,654 --> 01:26:00,188
neighbors, harrison bashner,

2966
01:26:00,188 --> 01:26:01,288
sergeant with hillsborough

2967
01:26:01,288 --> 01:26:03,491
county, and fortunately they

2968
01:26:03,491 --> 01:26:05,459
rescued my husband and took this

2969
01:26:05,459 --> 01:26:08,630
man off to get some help.

2970
01:26:08,630 --> 01:26:10,164
That is what we need our county

2971
01:26:10,164 --> 01:26:11,899
taxes to pay for.

2972
01:26:11,899 --> 01:26:13,434
If this property tax aendment

2973
01:26:13,434 --> 01:26:13,768
passes and you pass thefunding

2974
01:26:13,768 --> 01:26:15,737
for

2975
01:26:15,737 --> 01:26:16,837
thefunding -- the funding for

2976
01:26:16,837 --> 01:26:18,600
the rays staid

2977
01:26:18,600 --> 01:26:19,540
stadium, will there be

2978
01:26:19,540 --> 01:26:20,541
cuts to police, ems, and

2979
01:26:20,541 --> 01:26:22,541
fire-rescue, commissioners myers

2980
01:26:23,544 --> 01:26:24,412
in your town hall meeting you

2981
01:26:24,412 --> 01:26:25,647
said there would be cuts.

2982
01:26:25,647 --> 01:26:26,514
You didn't say where, but you

2983
01:26:26,514 --> 01:26:27,615
would there would have to be

2984
01:26:27,615 --> 01:26:29,615
cuts.

2985
01:26:29,951 --> 01:26:31,118
We needed ems and the police,

2986
01:26:31,118 --> 01:26:31,886
and they came right away.

2987
01:26:31,886 --> 01:26:32,153
Please vote no.

2988
01:26:32,153 --> 01:26:33,870
Thank you.

2989
01:26:33,870 --> 01:26:34,289
Appreciate the comments.

2990
01:26:34,289 --> 01:26:35,389
Patrick bailey.

2991
01:26:35,389 --> 01:26:37,389
Patrick here?

2992
01:26:37,792 --> 01:26:40,192
Followed by sherry allman,

2993
01:26:41,960 --> 01:26:42,631
jeffrey herman and then vera

2994
01:26:42,631 --> 01:26:44,631
rudery all researchival.

2995
01:26:45,967 --> 01:26:46,467
>> good morning, commissioners.

2996
01:26:46,467 --> 01:26:47,435
Patrick bailey.

2997
01:26:47,435 --> 01:26:47,636
First of all I want to say as

2998
01:26:47,636 --> 01:26:48,369
well.

2999
01:26:48,369 --> 01:26:49,437
I love the rys.

3000
01:26:49,437 --> 01:26:51,437
I love baseball.

3001
01:26:52,400 --> 01:26:54,109
no matter how many times I try

3002
01:26:54,109 --> 01:26:55,577
to duplicate the cooking of a

3003
01:26:55,577 --> 01:26:56,645
hot dog or sausage at home, it's

3004
01:26:56,645 --> 01:26:58,780
always best at the stadium.

3005
01:26:58,780 --> 01:27:00,215
Just something about it but what

3006
01:27:00,215 --> 01:27:01,416
I don't agree with and support

3007
01:27:01,416 --> 01:27:01,650
is our tax dollars paying for

3008
01:27:01,650 --> 01:27:02,617
it.

3009
01:27:02,617 --> 01:27:04,386
There are people up here who

3010
01:27:04,386 --> 01:27:05,821
lied and said that referenced

3011
01:27:05,821 --> 01:27:06,540
the battery up in atlanta for

3012
01:27:06,540 --> 01:27:08,540
example.

3013
01:27:08,890 --> 01:27:10,580
That it was an economic boom.

3014
01:27:10,580 --> 01:27:12,160
They're losing $5 million a

3015
01:27:12,160 --> 01:27:12,594
year, it's almost 10 years

3016
01:27:12,594 --> 01:27:14,462
later.

3017
01:27:14,462 --> 01:27:15,863
Not, these are not going to be

3018
01:27:15,863 --> 01:27:18,330
economic boom for tampa.

3019
01:27:18,330 --> 01:27:19,267
There are many people saying

3020
01:27:19,267 --> 01:27:20,268
that, that have studied the

3021
01:27:20,268 --> 01:27:21,670
atlanta one that we should not

3022
01:27:21,670 --> 01:27:23,171
be looking into doing this.

3023
01:27:23,171 --> 01:27:24,273
The fact that we don't have all

3024
01:27:24,273 --> 01:27:26,175
of the information, we don't

3025
01:27:26,175 --> 01:27:28,760
have all of the facts, we get --

3026
01:27:28,760 --> 01:27:29,878
you guys got the papers days ago

3027
01:27:29,878 --> 01:27:31,246
that you had to look through

3028
01:27:31,246 --> 01:27:33,148
over not enough time to prepare

3029
01:27:33,148 --> 01:27:35,148
for it.

3030
01:27:35,284 --> 01:27:35,750
The rays could afford to do this

3031
01:27:35,750 --> 01:27:36,718
themselves.

3032
01:27:36,718 --> 01:27:39,755
Why should we be putting our

3033
01:27:39,755 --> 01:27:40,789
money that needs to go to our

3034
01:27:40,789 --> 01:27:41,924
roads, to our infrastructure.

3035
01:27:41,924 --> 01:27:42,824
Why should we be putting that

3036
01:27:42,824 --> 01:27:45,600
money towards billionaires and

3037
01:27:45,600 --> 01:27:46,762
not towards helping the guys and

3038
01:27:46,762 --> 01:27:47,162
the people that got you guys

3039
01:27:47,162 --> 01:27:47,696
elected?

3040
01:27:47,696 --> 01:27:49,331
Vote no.

3041
01:27:49,331 --> 01:27:50,990
Thank you.

3042
01:27:50,990 --> 01:27:51,100
>> ken hagan: thank you,

3043
01:27:51,100 --> 01:27:53,100
MR. Bailey.

3044
01:27:55,370 --> 01:27:56,939
Sherry allman on the line?

3045
01:27:56,939 --> 01:27:57,673
>> sherry naz thought checked --

3046
01:27:57,673 --> 01:27:58,307
has not checked in.

3047
01:27:58,307 --> 01:28:01,307
>> ken hagan: all right, thank

3048
01:28:02,778 --> 01:28:03,846
you, how about jeffrey herman?

3049
01:28:03,846 --> 01:28:06,248
>> yes, can you hear me?

3050
01:28:06,248 --> 01:28:07,917
>> ken hagan: yes, sir.

3051
01:28:07,917 --> 01:28:09,917
>> thank you.

3052
01:28:10,252 --> 01:28:13,355
So starting off first of all, I

3053
01:28:13,355 --> 01:28:14,924
don't know how to lead the rays

3054
01:28:14,924 --> 01:28:16,926
are getting 139-year mixed lease

3055
01:28:16,926 --> 01:28:19,926
on a mixed use property.

3056
01:28:20,610 --> 01:28:21,397
When the agreement with the

3057
01:28:21,397 --> 01:28:22,398
nonrelocation only expands

3058
01:28:22,398 --> 01:28:23,632
around 35 years with extensions

3059
01:28:23,632 --> 01:28:25,632
on their end.

3060
01:28:26,335 --> 01:28:28,303
That seems like the value of

3061
01:28:28,303 --> 01:28:30,906
that property when it's improved

3062
01:28:30,906 --> 01:28:33,542
for them to be able to maintain

3063
01:28:33,542 --> 01:28:35,611
exclusive control for that 139

3064
01:28:35,611 --> 01:28:37,713
years, which stands past anybody

3065
01:28:37,713 --> 01:28:40,113
who's alive today's lifetime.

3066
01:28:40,382 --> 01:28:41,550
Is a little bit flabbergasting

3067
01:28:41,550 --> 01:28:44,550
that they're being provided that

3068
01:28:46,622 --> 01:28:47,690
and that's already on top of 40%

3069
01:28:47,690 --> 01:28:48,491
taxpayer funding not including

3070
01:28:48,491 --> 01:28:49,892
the money coming from the state

3071
01:28:49,892 --> 01:28:52,292
which is also tax

3072
01:28:52,295 --> 01:28:53,296
also taxpayer can be

3073
01:28:53,296 --> 01:28:55,365
looked at that way.

3074
01:28:55,365 --> 01:28:56,865
So in addition to the land that

3075
01:28:56,865 --> 01:28:59,502
the county and city are having

3076
01:28:59,502 --> 01:29:01,737
to pay around 40%, whereas the

3077
01:29:01,737 --> 01:29:02,939
las vegas only had to pay around

3078
01:29:02,939 --> 01:29:04,440
19% for their city.

3079
01:29:04,440 --> 01:29:05,642
Of that value.

3080
01:29:05,642 --> 01:29:06,976
And I don't know that they got

3081
01:29:06,976 --> 01:29:09,450
that sweetheart deal for that

3082
01:29:09,450 --> 01:29:10,980
mixed use development.

3083
01:29:10,980 --> 01:29:12,648
Also speaking to that, some

3084
01:29:12,648 --> 01:29:13,650
other people have reported about

3085
01:29:13,650 --> 01:29:14,817
how much sales tax money's going

3086
01:29:14,817 --> 01:29:16,452
to come back.

3087
01:29:16,452 --> 01:29:17,153
Well, that's actually

3088
01:29:17,153 --> 01:29:18,555
actually incorrect

3089
01:29:18,555 --> 01:29:19,722
because the sales tax money,

3090
01:29:19,722 --> 01:29:19,956
most of the money go to the

3091
01:29:19,956 --> 01:29:21,124
state.

3092
01:29:21,124 --> 01:29:22,258
Yes a little bit of that might

3093
01:29:22,258 --> 01:29:22,658
come back but most of that comes

3094
01:29:22,658 --> 01:29:24,527
to the state.

3095
01:29:24,527 --> 01:29:24,927
There is no salesx tax money on

3096
01:29:24,927 --> 01:29:26,927
commercial rental.

3097
01:29:27,964 --> 01:29:29,499
There is no sales tax money on

3098
01:29:29,499 --> 01:29:31,000
the apartment complexes.

3099
01:29:31,000 --> 01:29:32,135
So as far as the residential, as

3100
01:29:32,135 --> 01:29:33,300
far as commercial rental, none

3101
01:29:33,300 --> 01:29:35,300
of that lfs

3102
01:29:35,338 --> 01:29:36,720
's going to be subject to

3103
01:29:36,720 --> 01:29:37,641
sales tax money.

3104
01:29:37,641 --> 01:29:38,975
So when you're talking about

3105
01:29:38,975 --> 01:29:40,142
$7 billion of sales tax money

3106
01:29:40,142 --> 01:29:41,911
coming back, that's just not

3107
01:29:41,911 --> 01:29:42,345
feasible that that's going to

3108
01:29:42,345 --> 01:29:44,345
happen.

3109
01:29:44,647 --> 01:29:47,350
In addition to all of that,

3110
01:29:47,350 --> 01:29:49,752
there's a lot of other points as

3111
01:29:49,752 --> 01:29:50,487
well and first of all why the is

3112
01:29:50,487 --> 01:29:50,854
misunosseparated from the

3113
01:29:50,854 --> 01:29:52,550
stadium?

3114
01:29:52,550 --> 01:29:53,690
I feel like the stadium value,

3115
01:29:53,690 --> 01:29:55,258
the support from the taxpayer

3116
01:29:55,258 --> 01:29:57,328
money, could go down to match

3117
01:29:57,328 --> 01:29:59,328
that 19%.

3118
01:29:59,930 --> 01:30:01,598
Mlb wants tampa to have a team

3119
01:30:01,598 --> 01:30:03,767
because it's the 11th largest

3120
01:30:03,767 --> 01:30:04,200
television market in the

3121
01:30:04,200 --> 01:30:06,200
country.

3122
01:30:06,302 --> 01:30:07,337
The las vegas is number 40.

3123
01:30:07,337 --> 01:30:08,338
So there's a vast difference,

3124
01:30:08,338 --> 01:30:09,206
and I don't know --

3125
01:30:09,206 --> 01:30:10,640
>> ken hagan: thank you, sir.

3126
01:30:10,640 --> 01:30:11,942
>> -- I don't know how tampa is

3127
01:30:11,942 --> 01:30:12,843
getting a worse deal.

3128
01:30:12,843 --> 01:30:13,610
>> ken hagan: appreciate your

3129
01:30:13,610 --> 01:30:15,610
comments, MR. Herman.

3130
01:30:19,216 --> 01:30:19,982
Is vera rdy on the line?

3131
01:30:19,982 --> 01:30:20,850
>> he is not on the line.

3132
01:30:20,850 --> 01:30:21,317
>> ken hagan: all right, thank

3133
01:30:21,317 --> 01:30:23,317
you.

3134
01:30:23,720 --> 01:30:26,720
Got ashley herman followed by

3135
01:30:28,292 --> 01:30:28,725
luca muloro and then james van

3136
01:30:28,725 --> 01:30:29,293
herons.

3137
01:30:29,293 --> 01:30:31,227
Is ashley here?

3138
01:30:31,227 --> 01:30:32,296
No ashley.

3139
01:30:32,296 --> 01:30:32,996
Okay, how about --

3140
01:30:32,996 --> 01:30:34,263
>> ashley is here.

3141
01:30:34,263 --> 01:30:35,640
>> I'm here.

3142
01:30:35,640 --> 01:30:35,799
>> ken hagan: good morning.

3143
01:30:35,799 --> 01:30:36,567
>> can you hear me?

3144
01:30:36,567 --> 01:30:38,201
>> ken hagan: yes, ma'am.

3145
01:30:38,201 --> 01:30:40,103
>> good morning.

3146
01:30:40,103 --> 01:30:43,103
My name is ashley herman.

3147
01:30:43,440 --> 01:30:43,874
I'm a first generation college

3148
01:30:43,874 --> 01:30:44,908
graduate.

3149
01:30:44,908 --> 01:30:46,908
Started at hillsborough

3150
01:30:47,100 --> 01:30:47,611
community college and went on to

3151
01:30:47,611 --> 01:30:49,611
earn a masters.

3152
01:30:49,913 --> 01:30:51,248
I'm a mom of two girls, life

3153
01:30:51,248 --> 01:30:53,648
long floridian, and candidate

3154
01:30:54,418 --> 01:30:55,519
for state house district 69,

3155
01:30:55,519 --> 01:30:56,530
which covers southeast

3156
01:30:56,530 --> 01:30:58,530
hillsborough.

3157
01:30:58,355 --> 01:30:59,822
I've set my career fighting for

3158
01:30:59,822 --> 01:31:01,192
working families and I'm fed up

3159
01:31:01,192 --> 01:31:03,694
watching as so many of our

3160
01:31:03,694 --> 01:31:05,329
elected officials hand off

3161
01:31:05,329 --> 01:31:07,331
everything beautiful in florida

3162
01:31:07,331 --> 01:31:07,864
over to the wealthy and

3163
01:31:07,864 --> 01:31:09,864
powerful.

3164
01:31:10,501 --> 01:31:13,300
And now I see this stadium deal

3165
01:31:13,300 --> 01:31:14,338
thrown together behind closed

3166
01:31:14,338 --> 01:31:15,339
doors and rammed through and

3167
01:31:15,339 --> 01:31:15,673
under a loop.

3168
01:31:15,673 --> 01:31:17,207
There is has

3169
01:31:17,207 --> 01:31:18,409
-- there has been a lot

3170
01:31:18,409 --> 01:31:19,477
of promises made and no facts to

3171
01:31:19,477 --> 01:31:21,144
back them up.

3172
01:31:21,144 --> 01:31:23,514
Land given over from our

3173
01:31:23,514 --> 01:31:23,981
community college should be a

3174
01:31:23,981 --> 01:31:25,981
nonstarter.

3175
01:31:26,583 --> 01:31:27,350
We the taxpayers are being asked

3176
01:31:27,350 --> 01:31:29,220
to front millions.

3177
01:31:29,220 --> 01:31:32,220
We MAY never get back.

3178
01:31:34,858 --> 01:31:36,727
As regular people here are

3179
01:31:36,727 --> 01:31:38,128
struggling to put the ac on

3180
01:31:38,128 --> 01:31:40,998
and -- threatening to slash our

3181
01:31:40,998 --> 01:31:41,398
county funding from property

3182
01:31:41,398 --> 01:31:42,233
taxes.

3183
01:31:42,233 --> 01:31:44,670
What's worse, we're not even

3184
01:31:44,670 --> 01:31:46,670
getting a say.

3185
01:31:47,371 --> 01:31:50,608
Of the -- at the city and county

3186
01:31:50,608 --> 01:31:51,809
the luxury of freetime on a week

3187
01:31:51,809 --> 01:31:52,276
day morning just to be heard is

3188
01:31:52,276 --> 01:31:53,577
shameless.

3189
01:31:53,577 --> 01:31:55,120
I wanted to be there in person

3190
01:31:55,120 --> 01:31:55,379
but my 1-year-old daughter is

3191
01:31:55,379 --> 01:31:56,681
sick today.

3192
01:31:56,681 --> 01:31:58,716
I hope you can hear me though.

3193
01:31:58,716 --> 01:32:00,584
This is undemocratic, it's

3194
01:32:00,584 --> 01:32:02,386
unfair, and the people behind

3195
01:32:02,386 --> 01:32:04,122
this deal should be ashamed.

3196
01:32:04,122 --> 01:32:05,789
Vote no and let the voters

3197
01:32:05,789 --> 01:32:07,424
decide on something that's going

3198
01:32:07,424 --> 01:32:09,927
to affect us all here in tampa

3199
01:32:09,927 --> 01:32:11,696
bay for literal decades to come.

3200
01:32:11,696 --> 01:32:13,696
Thank you.

3201
01:32:14,599 --> 01:32:15,366
>> thank you, MS. Herman.

3202
01:32:15,366 --> 01:32:17,366
Luca mulora.

3203
01:32:18,436 --> 01:32:20,438
Is luca on the line?

3204
01:32:20,438 --> 01:32:21,439
>> lukey has not checked in --

3205
01:32:21,439 --> 01:32:22,407
luca has not checked in.

3206
01:32:22,407 --> 01:32:24,807
>> ken hagan: thank you.

3207
01:32:26,244 --> 01:32:28,644
James vanherent followed by

3208
01:32:29,800 --> 01:32:29,547
alejandro noriega and brendan

3209
01:32:29,547 --> 01:32:30,949
megleosey.

3210
01:32:30,949 --> 01:32:32,717
>> good morning, my name is

3211
01:32:32,717 --> 01:32:33,485
gentleman van herons and it's a

3212
01:32:33,485 --> 01:32:34,652
pleasure to be before you.

3213
01:32:34,652 --> 01:32:35,520
I want to start off by saying

3214
01:32:35,520 --> 01:32:37,255
thank you to all of you.

3215
01:32:37,255 --> 01:32:38,189
To your staff, to the attorneys

3216
01:32:38,189 --> 01:32:39,791
who spent countless times

3217
01:32:39,791 --> 01:32:41,259
negotiating this deal.

3218
01:32:41,259 --> 01:32:42,761
Lost many sleepness nights, and

3219
01:32:42,761 --> 01:32:44,462
times of their family and

3220
01:32:44,462 --> 01:32:45,664
friends, so I want to say thank

3221
01:32:45,664 --> 01:32:46,764
you for fighting the good fight

3222
01:32:46,764 --> 01:32:48,764
for the taxpayers.

3223
01:32:49,501 --> 01:32:50,868
I also want to say that this

3224
01:32:50,868 --> 01:32:51,669
project is in your hands but we

3225
01:32:51,669 --> 01:32:53,872
have faith in you.

3226
01:32:53,872 --> 01:32:54,272
We've elected you to do these

3227
01:32:54,272 --> 01:32:55,674
jobs.

3228
01:32:55,674 --> 01:32:55,974
I mean, we are a representative

3229
01:32:55,974 --> 01:32:57,974
democracy.

3230
01:33:00,110 --> 01:33:00,779
We're not a direct democracy.

3231
01:33:00,779 --> 01:33:02,547
Every decision that we make

3232
01:33:02,547 --> 01:33:04,483
can't be on a ballot, and this

3233
01:33:04,483 --> 01:33:05,717
deal is way too complex to

3234
01:33:05,717 --> 01:33:07,218
expect everyday working people

3235
01:33:07,218 --> 01:33:09,187
to have to take the time out of

3236
01:33:09,187 --> 01:33:09,621
the day to work through every

3237
01:33:09,621 --> 01:33:10,822
detail.

3238
01:33:10,822 --> 01:33:11,823
So we thank you for that, for

3239
01:33:11,823 --> 01:33:12,957
that work.

3240
01:33:12,957 --> 01:33:14,159
I spoke about this project in

3241
01:33:14,159 --> 01:33:15,294
three different ways.

3242
01:33:15,294 --> 01:33:15,761
Community, health, and

3243
01:33:15,761 --> 01:33:16,627
education.

3244
01:33:16,627 --> 01:33:18,829
When I talk about community, I

3245
01:33:18,829 --> 01:33:19,531
talk about how baseball is not

3246
01:33:19,531 --> 01:33:20,665
just a sport.

3247
01:33:20,665 --> 01:33:21,900
It builds community.

3248
01:33:21,900 --> 01:33:23,502
I have memories with my dad

3249
01:33:23,502 --> 01:33:23,902
growing up going to baseball

3250
01:33:23,902 --> 01:33:25,902
games.

3251
01:33:26,271 --> 01:33:28,140
i was a cub scout and our very

3252
01:33:28,140 --> 01:33:29,274
first camping trip was actually

3253
01:33:29,274 --> 01:33:30,342
sleeping on the turf at

3254
01:33:30,342 --> 01:33:32,342
tropicana field.

3255
01:33:32,344 --> 01:33:33,812
And building that friendship or

3256
01:33:33,812 --> 01:33:35,747
that community and love with

3257
01:33:35,747 --> 01:33:37,490
each other and just growing that

3258
01:33:37,490 --> 01:33:38,950
through the game of baseball.

3259
01:33:38,950 --> 01:33:41,220
And kids growing up learning the

3260
01:33:41,220 --> 01:33:42,154
game and following sports and

3261
01:33:42,154 --> 01:33:43,422
learning sportsmanship and

3262
01:33:43,422 --> 01:33:44,790
teamwork and all that through

3263
01:33:44,790 --> 01:33:46,392
sports and the rays are a big

3264
01:33:46,392 --> 01:33:48,260
help with that aspect.

3265
01:33:48,260 --> 01:33:49,662
When I speak about health, I'm a

3266
01:33:49,662 --> 01:33:50,950
gentleman who's losing his

3267
01:33:50,950 --> 01:33:51,296
vision.

3268
01:33:51,296 --> 01:33:52,230
I'm visually impaired, and

3269
01:33:52,230 --> 01:33:53,365
baseball, people don't like to

3270
01:33:53,365 --> 01:33:53,599
talk about, is a great mental

3271
01:33:53,599 --> 01:33:55,434
health.

3272
01:33:55,434 --> 01:33:55,867
It actually saved me money with

3273
01:33:55,867 --> 01:33:56,802
therapy.

3274
01:33:56,802 --> 01:33:58,570
I don't have to -- I don't have

3275
01:33:58,570 --> 01:34:01,730
to speak to a psychiatrist every

3276
01:34:01,730 --> 01:34:02,207
day because I watch baseball and

3277
01:34:02,207 --> 01:34:04,276
I can look at that and take my

3278
01:34:04,276 --> 01:34:05,110
mind off it a little bit and

3279
01:34:05,110 --> 01:34:06,912
it's a big relief.

3280
01:34:06,912 --> 01:34:07,980
So it's not just the -- I know

3281
01:34:07,980 --> 01:34:10,416
we talk about the money that

3282
01:34:10,416 --> 01:34:11,917
we're losing but we got to take

3283
01:34:11,917 --> 01:34:13,118
about the money we save as well.

3284
01:34:13,118 --> 01:34:15,421
And whether I talk about

3285
01:34:15,421 --> 01:34:16,880
education talso stopped me from

3286
01:34:16,880 --> 01:34:17,156
needing a tutor.

3287
01:34:17,156 --> 01:34:19,191
I struggled with math growing up

3288
01:34:19,191 --> 01:34:22,928
and I had a teacher who knew I

3289
01:34:22,928 --> 01:34:24,397
loved baseball and the rays and

3290
01:34:24,397 --> 01:34:25,131
explained math -- I never

3291
01:34:25,131 --> 01:34:26,399
understood that.

3292
01:34:26,399 --> 01:34:27,233
And he explained it through

3293
01:34:27,233 --> 01:34:29,602
baseball, through stealing and

3294
01:34:29,602 --> 01:34:30,403
how fast a pitcher has to

3295
01:34:30,403 --> 01:34:31,437
deliver that ball.

3296
01:34:31,437 --> 01:34:32,171
So please pass this deal.

3297
01:34:32,171 --> 01:34:34,171
Thank you, sir.

3298
01:34:34,206 --> 01:34:37,109
>> ken hagan: thank you, sir.

3299
01:34:37,109 --> 01:34:37,643
Appreciate you coming down.

3300
01:34:37,643 --> 01:34:39,245
Good morning.

3301
01:34:39,245 --> 01:34:41,245
>> good morning, commissioners.

3302
01:34:41,414 --> 01:34:42,147
I'm just going to simply say

3303
01:34:42,147 --> 01:34:43,850
pass this deal.

3304
01:34:43,850 --> 01:34:45,350
It's been 20 years since we've

3305
01:34:45,350 --> 01:34:47,185
been going through this saga.

3306
01:34:47,185 --> 01:34:48,587
We need to gets this deal done.

3307
01:34:48,587 --> 01:34:51,357
I'm a true rays fan through and

3308
01:34:51,357 --> 01:34:52,692
through as you see I rep them.

3309
01:34:52,692 --> 01:34:53,692
I understand where everyone's

3310
01:34:53,692 --> 01:34:54,626
coming from with their

3311
01:34:54,626 --> 01:34:56,896
criticisms and skepticisms but

3312
01:34:56,896 --> 01:34:58,640
we need to put money into big

3313
01:34:58,640 --> 01:34:59,432
projects in order to build our

3314
01:34:59,432 --> 01:35:00,400
city, and bill carlson actually

3315
01:35:00,400 --> 01:35:02,668
made a good point yesterday at

3316
01:35:02,668 --> 01:35:04,237
the city council that without

3317
01:35:04,237 --> 01:35:05,938
vision and without spending big

3318
01:35:05,938 --> 01:35:07,206
and doing big projects, we

3319
01:35:07,206 --> 01:35:09,800
wouldn't have disney world, we

3320
01:35:09,800 --> 01:35:11,100
wouldn't have major investments

3321
01:35:11,100 --> 01:35:12,779
that bring money to our city.

3322
01:35:12,779 --> 01:35:14,981
To all the people who say they

3323
01:35:14,981 --> 01:35:16,783
are rays fans, I agree with you,

3324
01:35:16,783 --> 01:35:17,483
but I don't see you driving 81

3325
01:35:17,483 --> 01:35:19,883
games like I do.

3326
01:35:20,530 --> 01:35:21,987
I go to every 81 home games to

3327
01:35:21,987 --> 01:35:23,122
the trop, and to this new

3328
01:35:23,122 --> 01:35:24,957
stadium once it's approved.

3329
01:35:24,957 --> 01:35:26,920
People say that they don't want

3330
01:35:26,920 --> 01:35:27,494
to spend public money on

3331
01:35:27,494 --> 01:35:29,729
stadiums or use the cit tax.

3332
01:35:29,729 --> 01:35:31,231
The cit tax was created for

3333
01:35:31,231 --> 01:35:33,533
stadiums to begin with for

3334
01:35:33,533 --> 01:35:34,434
raymond james stadium and

3335
01:35:34,434 --> 01:35:36,434
everyone had pushback.

3336
01:35:36,836 --> 01:35:38,705
We don't want taxpayer dollars

3337
01:35:38,705 --> 01:35:40,140
to build stadium for the bucs.

3338
01:35:40,140 --> 01:35:41,875
We build it and I don't see them

3339
01:35:41,875 --> 01:35:43,108
complaining when we have super

3340
01:35:43,108 --> 01:35:43,743
bowls or concerts everyone goes

3341
01:35:43,743 --> 01:35:45,743
to every year.

3342
01:35:46,913 --> 01:35:48,147
People said don't give money to

3343
01:35:48,147 --> 01:35:51,147
water street, don't give money

3344
01:35:51,417 --> 01:35:52,519
to the lightning and jeff vinik.

3345
01:35:52,519 --> 01:35:54,254
We built and no one is

3346
01:35:54,254 --> 01:35:56,256
complaining when we win two

3347
01:35:56,256 --> 01:35:58,692
stanley cups back-to-back and --

3348
01:35:58,692 --> 01:35:59,860
so to me it's a good deal

3349
01:35:59,860 --> 01:36:01,294
because again just take the

3350
01:36:01,294 --> 01:36:02,429
aspect of sports out of it.

3351
01:36:02,429 --> 01:36:04,363
it helps build an area that was

3352
01:36:04,363 --> 01:36:06,166
never there before, it's

3353
01:36:06,166 --> 01:36:07,367
building the college that hasn't

3354
01:36:07,367 --> 01:36:09,436
had updated buildings since it

3355
01:36:09,436 --> 01:36:10,704
opened in the 1970s, and yeah

3356
01:36:10,704 --> 01:36:13,506
tmight be closing it a little

3357
01:36:13,506 --> 01:36:14,741
bit and reducing it to size, but

3358
01:36:14,741 --> 01:36:15,475
if they want to do that, that's

3359
01:36:15,475 --> 01:36:16,243
the college's decision.

3360
01:36:16,243 --> 01:36:17,477
That's their decision.

3361
01:36:17,477 --> 01:36:18,645
They chose that part of the

3362
01:36:18,645 --> 01:36:19,545
deal, and if they want to do it,

3363
01:36:19,545 --> 01:36:20,681
they can do it.

3364
01:36:20,681 --> 01:36:22,515
It's building an area that

3365
01:36:22,515 --> 01:36:23,817
people want to go to.

3366
01:36:23,817 --> 01:36:24,685
I'm going to be honest, I go to

3367
01:36:24,685 --> 01:36:26,190
the bucs all the tie.

3368
01:36:26,190 --> 01:36:26,486
I go to steinbrenner field all

3369
01:36:26,486 --> 01:36:28,486
the time.

3370
01:36:28,888 --> 01:36:30,457
So I can get all three rays,

3371
01:36:30,457 --> 01:36:31,525
steinbrenner, and the bucs at

3372
01:36:31,525 --> 01:36:32,659
the same place, I'm going to go.

3373
01:36:32,659 --> 01:36:33,594
And I'm going to support it

3374
01:36:33,594 --> 01:36:34,795
through and through.

3375
01:36:34,795 --> 01:36:35,462
And I want to say thank you for

3376
01:36:35,462 --> 01:36:37,462
your time.

3377
01:36:37,664 --> 01:36:39,833
Hopefully you vote yes on this

3378
01:36:39,833 --> 01:36:40,834
historical day.

3379
01:36:40,834 --> 01:36:43,834
>> ken hagan: please state name

3380
01:36:44,237 --> 01:36:46,540
your for the record.

3381
01:36:46,540 --> 01:36:48,800
>> alejandro noryegg

3382
01:36:48,800 --> 01:36:48,776
noriega.

3383
01:36:48,776 --> 01:36:50,776
>> good morning, commissioner.

3384
01:36:51,770 --> 01:36:53,770
My fame

3385
01:36:53,913 --> 01:36:54,915
name is brendan trace mag

3386
01:36:54,915 --> 01:36:56,549
leosey and I'm convincing you

3387
01:36:56,549 --> 01:36:57,685
all to vote no on this.

3388
01:36:57,685 --> 01:37:00,685
Because the reason why I'm

3389
01:37:01,522 --> 01:37:04,491
saying this, because what if the -- we don't have enough fans

3390
01:37:04,491 --> 01:37:07,461
coming in to our, the new

3391
01:37:07,461 --> 01:37:09,861
stadium being built on

3392
01:37:09,864 --> 01:37:11,398
hillsborough college campus.

3393
01:37:11,398 --> 01:37:13,660
And I don't want to hear them

3394
01:37:13,660 --> 01:37:14,100
complaining at it being too loud

3395
01:37:14,100 --> 01:37:16,237
because they're right across the

3396
01:37:16,237 --> 01:37:16,704
street from the buccaneers

3397
01:37:16,704 --> 01:37:18,704
stadium.

3398
01:37:19,807 --> 01:37:20,274
When the canons start firing

3399
01:37:20,274 --> 01:37:22,274
off.

3400
01:37:24,411 --> 01:37:26,580
For touchdowns and first downs.

3401
01:37:26,580 --> 01:37:28,548
and I'm kind of not happy I

3402
01:37:28,548 --> 01:37:29,160
preferred the rays to stay in

3403
01:37:29,160 --> 01:37:31,160
st. Pete.

3404
01:37:31,852 --> 01:37:35,452
I have access to getting on

3405
01:37:35,489 --> 01:37:35,856
buses, getting on 4, and I'm

3406
01:37:35,856 --> 01:37:37,157
there.

3407
01:37:37,157 --> 01:37:40,328
If it moves to tampa, it's going

3408
01:37:40,328 --> 01:37:42,196
to be really hard.

3409
01:37:42,196 --> 01:37:44,196
And I

3410
01:37:44,699 --> 01:37:45,299
I yield back,

3411
01:37:45,299 --> 01:37:46,234
MR. Commissioner.

3412
01:37:46,234 --> 01:37:48,634
>> ken hagan: thank you.

3413
01:37:48,903 --> 01:37:49,670
Tim gulliver.

3414
01:37:49,670 --> 01:37:51,670
Tim here?

3415
01:37:52,600 --> 01:37:55,600
Followed by roxy lackman who's

3416
01:37:56,430 --> 01:37:56,577
virtual and mary beth england.

3417
01:37:56,577 --> 01:37:56,977
Good morning.

3418
01:37:56,977 --> 01:37:58,977
>> good morning.

3419
01:37:59,480 --> 01:38:02,216
A great morning and I tell you

3420
01:38:02,216 --> 01:38:05,816
the rays have a great spirit.

3421
01:38:08,256 --> 01:38:11,256
You guys are awesome council.

3422
01:38:11,426 --> 01:38:14,426
And I tell you what.

3423
01:38:16,597 --> 01:38:20,197
Every person in this county, I'm

3424
01:38:21,169 --> 01:38:23,569
so grateful every day.

3425
01:38:27,208 --> 01:38:29,608
I was married 27 years.

3426
01:38:31,513 --> 01:38:33,513
Loved the lady.

3427
01:38:34,916 --> 01:38:37,452
She couldn't keep a budget.

3428
01:38:37,452 --> 01:38:39,521
She's now -- I lost her, okay?

3429
01:38:39,521 --> 01:38:39,854
No, it's all right, to a guy in

3430
01:38:39,854 --> 01:38:41,854
texas.

3431
01:38:42,690 --> 01:38:44,690
This happens.

3432
01:38:46,361 --> 01:38:49,961
But I loved her a lot.

3433
01:38:57,706 --> 01:38:59,140
Still do.

3434
01:38:59,140 --> 01:39:03,340
But how you vote for the rays,

3435
01:39:05,614 --> 01:39:06,515
this new stadium, for the

3436
01:39:06,515 --> 01:39:08,915
taxpayers, and even considering

3437
01:39:13,655 --> 01:39:15,655
the fans.

3438
01:39:18,160 --> 01:39:20,796
I don't love you all that much.

3439
01:39:20,796 --> 01:39:21,330
But I love you guys.

3440
01:39:21,330 --> 01:39:22,364
That's a fact.

3441
01:39:22,364 --> 01:39:23,831
She was close, but she couldn't

3442
01:39:23,831 --> 01:39:25,831
hold a budget.

3443
01:39:30,872 --> 01:39:32,307
I was broke for 27 years.

3444
01:39:32,307 --> 01:39:35,430
Don't like living that way.

3445
01:39:35,430 --> 01:39:38,430
Makes it hard on maintenance,

3446
01:39:38,447 --> 01:39:41,450
makes it hard on every soul.

3447
01:39:41,450 --> 01:39:42,284
We're in this together, guys.

3448
01:39:42,284 --> 01:39:44,284
GOD bless.

3449
01:39:44,787 --> 01:39:45,187
>> ken hagan: please state your

3450
01:39:45,187 --> 01:39:47,187
name.

3451
01:39:49,625 --> 01:39:50,358
>> tim gulliver.

3452
01:39:50,358 --> 01:39:53,358
>> ken hagan: appreciate it sir.

3453
01:39:54,663 --> 01:39:55,430
>> you got it.

3454
01:39:55,430 --> 01:39:59,300
>> ken hagan: is roxy on the

3455
01:39:59,670 --> 01:40:01,670
line?

3456
01:40:02,400 --> 01:40:02,437
>> hi, good morning, I'm roxy

3457
01:40:02,437 --> 01:40:04,437
lackman.

3458
01:40:06,342 --> 01:40:06,809
I'm a proud fourth generation

3459
01:40:06,809 --> 01:40:08,809
floridian.

3460
01:40:08,844 --> 01:40:09,245
And I can take no pride in this

3461
01:40:09,245 --> 01:40:10,646
deal.

3462
01:40:10,646 --> 01:40:12,381
This proposal should at the very

3463
01:40:12,381 --> 01:40:14,817
least be tabled until the

3464
01:40:14,817 --> 01:40:15,251
florida state property tax code

3465
01:40:15,251 --> 01:40:16,852
is complete.

3466
01:40:16,852 --> 01:40:17,787
This is a nonpartisan amendment.

3467
01:40:17,787 --> 01:40:19,721
Both sides of the aisle agree

3468
01:40:19,721 --> 01:40:20,289
taxpayer are saying no on

3469
01:40:20,289 --> 01:40:21,824
today's vote.

3470
01:40:21,824 --> 01:40:22,791
I implore our commissioners to

3471
01:40:22,791 --> 01:40:24,660
do the same.

3472
01:40:24,660 --> 01:40:25,661
I too ran an ai search and I

3473
01:40:25,661 --> 01:40:26,762
found when the numbers on

3474
01:40:26,762 --> 01:40:27,897
taxpayer funded stadiums are

3475
01:40:27,897 --> 01:40:29,131
broken down this will not be the

3476
01:40:29,131 --> 01:40:31,531
economic boon you promised.

3477
01:40:31,700 --> 01:40:33,700
For example, cincinnati's

3478
01:40:34,203 --> 01:40:36,806
taxpayer built stadium built in

3479
01:40:36,806 --> 01:40:38,240
2000 for the bengals comprised

3480
01:40:38,240 --> 01:40:39,475
16.4% of cincinnati city budget

3481
01:40:39,475 --> 01:40:41,100
by 2011.

3482
01:40:41,100 --> 01:40:42,111
Covering stadium debt and

3483
01:40:42,111 --> 01:40:43,746
maintenance bills.

3484
01:40:43,746 --> 01:40:46,182
Hospital funding and county jobs

3485
01:40:46,182 --> 01:40:46,649
were cut to handle the economic

3486
01:40:46,649 --> 01:40:48,649
shortfall.

3487
01:40:48,885 --> 01:40:51,870
You and another speaker noted

3488
01:40:51,870 --> 01:40:53,550
atlanta's cobb county battery as

3489
01:40:53,550 --> 01:40:54,457
a sucess story.

3490
01:40:54,457 --> 01:40:55,725
Economists disagree with you.

3491
01:40:55,725 --> 01:40:57,793
They say that revenue generated

3492
01:40:57,793 --> 01:40:58,661
near a stadium is merely

3493
01:40:58,661 --> 01:41:00,863
displaced profits from people

3494
01:41:00,863 --> 01:41:01,864
who are spending money near a

3495
01:41:01,864 --> 01:41:02,365
stadium that they would normally

3496
01:41:02,365 --> 01:41:04,365
spend elsewhere.

3497
01:41:04,600 --> 01:41:05,902
But let's say they're wrong and

3498
01:41:05,902 --> 01:41:07,971
revenue, that the stadium is

3499
01:41:07,971 --> 01:41:08,938
generating is paying back the

3500
01:41:08,938 --> 01:41:10,639
initial $400 million cost of

3501
01:41:10,639 --> 01:41:12,709
atlanta's battery, which is only

3502
01:41:12,709 --> 01:41:13,776
about half of what our proposed

3503
01:41:13,776 --> 01:41:15,445
outlay is.

3504
01:41:15,445 --> 01:41:17,180
They are currently making

3505
01:41:17,180 --> 01:41:19,820
$22 million a year and

3506
01:41:19,820 --> 01:41:20,617
taxpayable revenue, so dollar

3507
01:41:20,617 --> 01:41:21,917
for dollar that's about 20 years

3508
01:41:21,917 --> 01:41:24,887
that it will take them to pay

3509
01:41:24,887 --> 01:41:26,756
back that $400 million, which

3510
01:41:26,756 --> 01:41:28,157
translates to 45 years for us to

3511
01:41:28,157 --> 01:41:30,259
pay this money back.

3512
01:41:30,259 --> 01:41:31,894
Never mind the two-plus decades

3513
01:41:31,894 --> 01:41:33,996
lost in infrastructure projects

3514
01:41:33,996 --> 01:41:36,198
that are not pursued because

3515
01:41:36,198 --> 01:41:38,267
money is tied up in stadium.

3516
01:41:38,267 --> 01:41:39,402
And finally, who can respect a

3517
01:41:39,402 --> 01:41:40,704
municipality that so readily

3518
01:41:40,704 --> 01:41:42,380
shuts down its only youth

3519
01:41:42,380 --> 01:41:43,539
detention center to make way for

3520
01:41:43,539 --> 01:41:44,975
a stadium?

3521
01:41:44,975 --> 01:41:47,375
Scattering our local children

3522
01:41:47,811 --> 01:41:50,120
across the state away from their

3523
01:41:50,120 --> 01:41:50,480
families for rehabilitation is

3524
01:41:50,480 --> 01:41:52,449
heartless.

3525
01:41:52,449 --> 01:41:53,884
It's an appalling embarrassment

3526
01:41:53,884 --> 01:41:54,984
that we're even considering the

3527
01:41:54,984 --> 01:41:57,420
possibility of tearing down our

3528
01:41:57,420 --> 01:41:58,722
only youth detention center for

3529
01:41:58,722 --> 01:41:59,856
a stadium.

3530
01:41:59,856 --> 01:42:00,323
Where are the plans to replace

3531
01:42:00,323 --> 01:42:02,323
this facility?

3532
01:42:02,626 --> 01:42:03,293
We must get our human rights

3533
01:42:03,293 --> 01:42:06,129
house in order and --

3534
01:42:06,129 --> 01:42:06,596
infrastructure in order

3535
01:42:06,596 --> 01:42:07,230
before --

3536
01:42:07,230 --> 01:42:07,497
>> ken hagan: appreciate your

3537
01:42:07,497 --> 01:42:09,497
comments.

3538
01:42:09,533 --> 01:42:12,533
Next three speakers, mary beth

3539
01:42:13,360 --> 01:42:14,404
ang ln followed by math

3540
01:42:14,404 --> 01:42:15,380
Mckeithan and amy josephson.

3541
01:42:15,380 --> 01:42:15,739
Good morning.

3542
01:42:15,739 --> 01:42:17,739
>> good morning, commissioners

3543
01:42:20,309 --> 01:42:24,509
I'm mary beth ang ln, ceo and

3544
01:42:26,216 --> 01:42:26,683
PRESIDENT Of the west chamber of

3545
01:42:26,683 --> 01:42:27,651
commerce.

3546
01:42:27,651 --> 01:42:28,318
We believe this is a once in a

3547
01:42:28,318 --> 01:42:30,718
generation opportunity to keep

3548
01:42:32,550 --> 01:42:33,560
the rays here in tampa bay while

3549
01:42:33,560 --> 01:42:34,124
creating meaningful, lock-term

3550
01:42:34,124 --> 01:42:35,250
investment in our community.

3551
01:42:35,250 --> 01:42:37,940
this project can create

3552
01:42:37,940 --> 01:42:37,793
thousands of jobs, track

3553
01:42:37,793 --> 01:42:38,562
significant -- attract

3554
01:42:38,562 --> 01:42:39,762
significant private investment,

3555
01:42:39,762 --> 01:42:40,597
generate economic activity, and

3556
01:42:40,597 --> 01:42:41,265
create new opportunities for

3557
01:42:41,265 --> 01:42:41,931
residents.

3558
01:42:41,931 --> 01:42:42,933
And businesses

3559
01:42:42,933 --> 01:42:44,933
throughout our region.

3560
01:42:45,335 --> 01:42:46,336
Do you park in west tampa are

3561
01:42:46,336 --> 01:42:47,838
positioned to benefit from an

3562
01:42:47,838 --> 01:42:50,390
investment of this magtitude.

3563
01:42:50,390 --> 01:42:51,141
It can serve as a catalyst for

3564
01:42:51,141 --> 01:42:52,343
continued revitalization,

3565
01:42:52,343 --> 01:42:53,243
strengthen local businesses, and

3566
01:42:53,243 --> 01:42:54,778
create opportunities for

3567
01:42:54,778 --> 01:42:56,413
generations to come.

3568
01:42:56,413 --> 01:42:57,214
We also strongly support

3569
01:42:57,214 --> 01:42:59,614
hillsborough college being the

3570
01:43:00,149 --> 01:43:00,817
central part of this investment.

3571
01:43:00,817 --> 01:43:01,785
Educational workforce

3572
01:43:01,785 --> 01:43:02,686
development must advance

3573
01:43:02,686 --> 01:43:04,455
longicide economic development,

3574
01:43:04,455 --> 01:43:05,856
so local residents are prepared

3575
01:43:05,856 --> 01:43:06,789
to take advantage of these new

3576
01:43:06,789 --> 01:43:07,103
`opportunities this deal will

3577
01:43:07,103 --> 01:43:08,692
bring.

3578
01:43:08,692 --> 01:43:10,694
On behalf of the west tampa

3579
01:43:10,694 --> 01:43:12,663
chamber, we encourage the board

3580
01:43:12,663 --> 01:43:13,863
of county commissioners to move

3581
01:43:13,863 --> 01:43:14,965
forward with confidence and

3582
01:43:14,965 --> 01:43:16,734
seize this historic opportunity.

3583
01:43:16,734 --> 01:43:19,235
Thank you for your time.

3584
01:43:19,235 --> 01:43:19,737
>> ken hagan: thank you,

3585
01:43:19,737 --> 01:43:21,737
MS. Anglin.

3586
01:43:22,472 --> 01:43:23,473
Matt Mckeithan followed by amy

3587
01:43:23,473 --> 01:43:25,543
josephson and curt dorson.

3588
01:43:25,543 --> 01:43:27,440
Good morning.

3589
01:43:27,440 --> 01:43:28,946
>> hello, my name is matt

3590
01:43:28,946 --> 01:43:29,413
Mckeithen and I'm against this

3591
01:43:29,413 --> 01:43:31,413
proposal.

3592
01:43:32,830 --> 01:43:34,819
I think that using taxpayer

3593
01:43:34,819 --> 01:43:37,588
money should be used for roads

3594
01:43:37,588 --> 01:43:39,988
and infrastructure and to

3595
01:43:40,958 --> 01:43:44,494
improve our land and our roads.

3596
01:43:44,494 --> 01:43:46,697
We don't need taxpayer money

3597
01:43:46,697 --> 01:43:48,799
being used at a stadium.

3598
01:43:48,799 --> 01:43:50,834
We need our taxpayer money being

3599
01:43:50,834 --> 01:43:51,168
used for our roads to improve

3600
01:43:51,168 --> 01:43:52,570
the roads.

3601
01:43:52,570 --> 01:43:53,971
thank you.

3602
01:43:53,971 --> 01:43:56,640
>> ken hagan: thank you, sir.

3603
01:43:56,640 --> 01:43:57,874
Amy josephson?

3604
01:43:57,874 --> 01:43:59,874
No amy?

3605
01:44:01,712 --> 01:44:04,112
Curt thorsen curt here?

3606
01:44:06,651 --> 01:44:07,117
Followed by douglas batista.

3607
01:44:07,117 --> 01:44:08,653
Good morning.

3608
01:44:08,653 --> 01:44:12,253
>> hi, my name is curt thorsen.

3609
01:44:13,590 --> 01:44:14,591
I like to introduce you to lisa

3610
01:44:14,591 --> 01:44:16,591
cupid right there.

3611
01:44:17,328 --> 01:44:19,196
She is the cobb county, current

3612
01:44:19,196 --> 01:44:20,631
cobb county council or

3613
01:44:20,631 --> 01:44:23,310
commission chair back in 2013,

3614
01:44:26,437 --> 01:44:27,671
she was the lone no vote on the

3615
01:44:27,671 --> 01:44:29,140
battery public funding.

3616
01:44:29,140 --> 01:44:30,975
Today 13 years later, it is her

3617
01:44:30,975 --> 01:44:32,610
job as chair to supervise that

3618
01:44:32,610 --> 01:44:34,946
property and that development.

3619
01:44:34,946 --> 01:44:36,815
She has stated on the record

3620
01:44:36,815 --> 01:44:38,383
publicly that it's doing quite

3621
01:44:38,383 --> 01:44:40,118
well, it's an economic success

3622
01:44:40,118 --> 01:44:41,552
in fact her words are it is an

3623
01:44:41,552 --> 01:44:42,654
economic juggernaut.

3624
01:44:42,654 --> 01:44:43,655
And that's by

3625
01:44:43,655 --> 01:44:44,622
why this development

3626
01:44:44,622 --> 01:44:45,423
is a model.

3627
01:44:45,423 --> 01:44:47,423
Planox

3628
01:44:47,626 --> 01:44:49,794
plano, texas, did this in a

3629
01:44:49,794 --> 01:44:51,263
week, they're doing it in vegas,

3630
01:44:51,263 --> 01:44:53,131
they're doing it in chicago and

3631
01:44:53,131 --> 01:44:53,631
cleveland and several places in

3632
01:44:53,631 --> 01:44:54,266
california.

3633
01:44:54,266 --> 01:44:55,467
This project is supported by

3634
01:44:55,467 --> 01:44:57,869
police, fire, so those saying

3635
01:44:57,869 --> 01:44:58,235
that they're going to be fired.

3636
01:44:58,235 --> 01:44:58,904
No.

3637
01:44:58,904 --> 01:44:59,670
They are supporting it.

3638
01:44:59,670 --> 01:45:00,305
They were there yesterday

3639
01:45:00,305 --> 01:45:02,207
supporting it.

3640
01:45:02,207 --> 01:45:03,708
The hotels and lodging

3641
01:45:03,708 --> 01:45:05,430
associations which by the way

3642
01:45:05,430 --> 01:45:06,678
mentioned the hockey arena here

3643
01:45:06,678 --> 01:45:08,130
can no longer support the

3644
01:45:08,130 --> 01:45:09,881
women's final four because it's

3645
01:45:09,881 --> 01:45:10,849
not big enough now.

3646
01:45:10,849 --> 01:45:12,350
This baseball stadium is

3647
01:45:12,350 --> 01:45:14,319
certainly hosts a lot more than

3648
01:45:14,319 --> 01:45:15,987
what the hockey arena can.

3649
01:45:15,987 --> 01:45:17,522
Thus more events for the area,

3650
01:45:17,522 --> 01:45:18,724
more income for the area.

3651
01:45:18,724 --> 01:45:20,258
westshore alliance, west tampa

3652
01:45:20,258 --> 01:45:22,327
chamber of commerce, tampa bay

3653
01:45:22,327 --> 01:45:23,528
business chamber, hillsborough

3654
01:45:23,528 --> 01:45:26,197
college and the lovely new york

3655
01:45:26,197 --> 01:45:27,132
city yankees support this too

3656
01:45:27,132 --> 01:45:27,900
and they're going to be right

3657
01:45:27,900 --> 01:45:29,330
next door.

3658
01:45:29,330 --> 01:45:29,801
Numerous CRAs support this,

3659
01:45:29,801 --> 01:45:31,801
church organizations support

3660
01:45:33,700 --> 01:45:34,406
this, earlier today on all the

3661
01:45:34,406 --> 01:45:35,974
monitors there was a run down of

3662
01:45:35,974 --> 01:45:39,111
the money going into each and

3663
01:45:39,111 --> 01:45:40,450
every aspect, schools,

3664
01:45:40,450 --> 01:45:41,613
infrastructure, potholes, those

3665
01:45:41,613 --> 01:45:42,547
are going to get fixed and those

3666
01:45:42,547 --> 01:45:44,547
don't go away.

3667
01:45:44,850 --> 01:45:46,318
Oakland still has those.

3668
01:45:46,318 --> 01:45:47,219
Montreal still has those too.

3669
01:45:47,219 --> 01:45:48,587
Did they automatically just get

3670
01:45:48,587 --> 01:45:49,588
fixed when their teams left?

3671
01:45:49,588 --> 01:45:51,588
They did not.

3672
01:45:51,890 --> 01:45:52,991
But a lot of places such as cobb

3673
01:45:52,991 --> 01:45:54,192
county, las vegas, they're

3674
01:45:54,192 --> 01:45:55,227
seeing improvements like they

3675
01:45:55,227 --> 01:45:56,328
never seen before because they

3676
01:45:56,328 --> 01:45:57,296
have cash flow like they've

3677
01:45:57,296 --> 01:45:59,296
never seen before.

3678
01:45:59,297 --> 01:46:02,134
All these people saying that

3679
01:46:02,134 --> 01:46:02,968
it's not a proven model.

3680
01:46:02,968 --> 01:46:05,368
The numbers are there.

3681
01:46:06,500 --> 01:46:09,441
The numbers are there and the

3682
01:46:09,441 --> 01:46:11,310
county chair lisa cube

3683
01:46:11,310 --> 01:46:13,310
cupid is on

3684
01:46:16,148 --> 01:46:17,450
the record saying it's amazing.

3685
01:46:17,450 --> 01:46:18,784
>> ken hagan: thank you.

3686
01:46:18,784 --> 01:46:19,285
>> douglas batista, thank you,

3687
01:46:19,285 --> 01:46:21,285
commissioners.

3688
01:46:21,854 --> 01:46:24,857
Again my name is doug batista

3689
01:46:24,857 --> 01:46:25,957
for my career I'm a chief hr

3690
01:46:25,957 --> 01:46:27,860
officer with extensive

3691
01:46:27,860 --> 01:46:28,361
experience in labor force

3692
01:46:28,361 --> 01:46:29,862
dynamickics.

3693
01:46:29,862 --> 01:46:30,496
In the U.S. We're losing 16,000

3694
01:46:30,496 --> 01:46:32,496
net jiewbz

3695
01:46:33,366 --> 01:46:34,900
jobs pe month, due to ai

3696
01:46:34,900 --> 01:46:35,801
displacement.

3697
01:46:35,801 --> 01:46:38,637
That includes jobs that are

3698
01:46:38,637 --> 01:46:41,107
being created out of ai.

3699
01:46:41,107 --> 01:46:42,608
And that's, it's as a fact by a

3700
01:46:42,608 --> 01:46:43,675
recent study by goldman sachs.

3701
01:46:43,675 --> 01:46:45,277
the jobs that are being

3702
01:46:45,277 --> 01:46:46,946
displaced are those with

3703
01:46:46,946 --> 01:46:48,681
routine, repet tfn,

3704
01:46:48,681 --> 01:46:49,482
administrative tasks such as

3705
01:46:49,482 --> 01:46:50,416
accountants, computer

3706
01:46:50,416 --> 01:46:52,416
programmers, testers, customer

3707
01:46:54,870 --> 01:46:56,550
service, and entry level roles.

3708
01:46:56,550 --> 01:46:57,790
I'm experiencing this same

3709
01:46:57,790 --> 01:47:00,426
dynamic with my chief employer

3710
01:47:00,426 --> 01:47:01,793
as a chief technology ourself

3711
01:47:01,793 --> 01:47:03,793
for a globing

3712
01:47:03,863 --> 01:47:05,597
global technology company.

3713
01:47:05,597 --> 01:47:07,367
The ai impact is only expected

3714
01:47:07,367 --> 01:47:10,536
to accelerate into the tens of

3715
01:47:10,536 --> 01:47:11,270
millions according to the

3716
01:47:11,270 --> 01:47:12,238
Mckinsey global institute.

3717
01:47:12,238 --> 01:47:13,539
If you don't believe that there

3718
01:47:13,539 --> 01:47:15,939
is another warning sign.

3719
01:47:16,175 --> 01:47:17,430
The U.S. Bureau of labor

3720
01:47:17,430 --> 01:47:19,443
statistics -- voluntary turnover

3721
01:47:19,879 --> 01:47:20,880
has collapsed to 13% down from

3722
01:47:20,880 --> 01:47:22,648
25% three years ago.

3723
01:47:22,648 --> 01:47:23,550
This isn't because workers are

3724
01:47:23,550 --> 01:47:24,984
suddenly more satisfied with

3725
01:47:24,984 --> 01:47:26,619
their jobs.

3726
01:47:26,619 --> 01:47:28,153
Rather employees are staying as

3727
01:47:28,153 --> 01:47:29,622
a direct consequence of fewer

3728
01:47:29,622 --> 01:47:31,156
job opportunities and again I'm

3729
01:47:31,156 --> 01:47:32,792
seeing these same dynamic of

3730
01:47:32,792 --> 01:47:33,259
lower turnover in my current

3731
01:47:33,259 --> 01:47:34,593
employer.

3732
01:47:34,593 --> 01:47:36,429
And if you don't believe that,

3733
01:47:36,429 --> 01:47:36,830
maybe you can believe bill

3734
01:47:36,830 --> 01:47:37,864
gates.

3735
01:47:37,864 --> 01:47:39,650
On wednesday he published an

3736
01:47:39,650 --> 01:47:40,500
article on ai disruption.

3737
01:47:40,500 --> 01:47:41,701
It was pinged up in the wall

3738
01:47:41,701 --> 01:47:43,570
stree -- picked up in the wall

3739
01:47:43,570 --> 01:47:44,360
street journal and "new york

3740
01:47:44,360 --> 01:47:45,672
times."

3741
01:47:45,672 --> 01:47:47,206
quote from bill gates we have to

3742
01:47:47,206 --> 01:47:50,276
think now about how to reduce

3743
01:47:50,276 --> 01:47:52,912
job losses so everyone can share

3744
01:47:52,912 --> 01:47:54,281
in the prosperity ai creates.

3745
01:47:54,281 --> 01:47:56,550
-- the rys stadium and mixed

3746
01:47:56,550 --> 01:47:57,316
use development project

3747
01:47:57,316 --> 01:47:59,850
represents job opportunities for

3748
01:47:59,850 --> 01:48:01,153
tampa bay workforce in a time of

3749
01:48:01,153 --> 01:48:02,188
ai displacement.

3750
01:48:02,188 --> 01:48:03,230
Jobs that provide financial

3751
01:48:03,230 --> 01:48:04,357
stabilities for working

3752
01:48:04,357 --> 01:48:05,358
families, working families that

3753
01:48:05,358 --> 01:48:06,927
can generate consumer spenning

3754
01:48:06,927 --> 01:48:09,290
to our local businesses, and

3755
01:48:09,290 --> 01:48:10,229
spending that generates tax

3756
01:48:10,229 --> 01:48:12,980
dollars for our region.

3757
01:48:12,980 --> 01:48:13,900
So I ask the commission here

3758
01:48:13,900 --> 01:48:15,736
today to vote yes, yes for the

3759
01:48:15,736 --> 01:48:17,204
rays project, and yes for job

3760
01:48:17,204 --> 01:48:19,139
generation in our region.

3761
01:48:19,139 --> 01:48:19,639
>> ken hagan: thank you,

3762
01:48:19,639 --> 01:48:20,673
MR. Batista.

3763
01:48:20,673 --> 01:48:22,673
Christopher cunningham.

3764
01:48:23,310 --> 01:48:24,778
Followed by J.P. Peterson and

3765
01:48:24,778 --> 01:48:25,245
then bishop michelle patty.

3766
01:48:25,245 --> 01:48:26,312
Good morning.

3767
01:48:26,312 --> 01:48:26,846
>> hey, good morning,

3768
01:48:26,846 --> 01:48:28,782
commissioners.

3769
01:48:28,782 --> 01:48:29,249
My name is christopher

3770
01:48:29,249 --> 01:48:30,884
cunningham.

3771
01:48:30,884 --> 01:48:33,884
I'm a tampa resident, local

3772
01:48:35,488 --> 01:48:37,488
business owner.

3773
01:48:37,757 --> 01:48:41,228
-- part of gwen myers' district.

3774
01:48:41,228 --> 01:48:41,461
I'm here to support the rays

3775
01:48:41,461 --> 01:48:43,461
deal.

3776
01:48:44,832 --> 01:48:45,332
I think this is a, a wonderful

3777
01:48:45,332 --> 01:48:46,734
opportunity.

3778
01:48:46,734 --> 01:48:47,401
I think you guys as hillsborough

3779
01:48:47,401 --> 01:48:48,468
county commissioners have an

3780
01:48:48,468 --> 01:48:49,303
opportunity to do something

3781
01:48:49,303 --> 01:48:51,405
great for hillsborough county

3782
01:48:51,405 --> 01:48:53,805
and for the future.

3783
01:48:54,400 --> 01:48:57,400
A as small businesses represent

3784
01:48:57,444 --> 01:48:58,912
43.5% of america's gdp, so one

3785
01:48:58,912 --> 01:49:01,615
thing I do hope you guys

3786
01:49:01,615 --> 01:49:02,150
advocate for is small business

3787
01:49:02,150 --> 01:49:04,150
participation.

3788
01:49:05,152 --> 01:49:06,352
I have had an opportunity to,

3789
01:49:06,352 --> 01:49:07,254
when services and products for

3790
01:49:07,254 --> 01:49:09,654
hillsborough county and it's

3791
01:49:09,957 --> 01:49:12,357
helped by business tremendously.

3792
01:49:12,693 --> 01:49:14,762
I want to thank PRESIDENT

3793
01:49:14,762 --> 01:49:16,960
Atwater and then also PRESIDENT

3794
01:49:16,960 --> 01:49:18,499
Kim babby for coming out and

3795
01:49:18,499 --> 01:49:20,267
speaking to the community and

3796
01:49:20,267 --> 01:49:21,234
not overlooking small businesses

3797
01:49:21,234 --> 01:49:22,803
and small groups.

3798
01:49:22,803 --> 01:49:23,700
So I thank you and I appreciate

3799
01:49:23,700 --> 01:49:24,400
the time.

3800
01:49:24,400 --> 01:49:25,106
Thank you.

3801
01:49:25,106 --> 01:49:25,673
>> ken hagan: thank you,

3802
01:49:25,673 --> 01:49:27,508
MR. Cunningham.

3803
01:49:27,508 --> 01:49:28,509
J.P. Peterson.

3804
01:49:28,509 --> 01:49:29,510
Followed by bishop michelle

3805
01:49:29,510 --> 01:49:31,478
patty and bob morrison.

3806
01:49:31,478 --> 01:49:32,880
Good morning.

3807
01:49:32,880 --> 01:49:33,913
>> first of all, I like to thank

3808
01:49:33,913 --> 01:49:35,115
all of the commissioners here

3809
01:49:35,115 --> 01:49:36,316
and especially MR. Hagan for

3810
01:49:36,316 --> 01:49:37,885
your leadership on this.

3811
01:49:37,885 --> 01:49:40,754
I know this is a very tough

3812
01:49:40,754 --> 01:49:42,290
issue, it is a lot of money, but

3813
01:49:42,290 --> 01:49:42,756
I feel it's a worthy investment

3814
01:49:42,756 --> 01:49:43,957
in our community.

3815
01:49:43,957 --> 01:49:45,927
I'm not an economist but I was

3816
01:49:45,927 --> 01:49:46,894
in atlanta when the whole

3817
01:49:46,894 --> 01:49:48,529
battery deal went down.

3818
01:49:48,529 --> 01:49:49,329
I've heard a lot of fudgy

3819
01:49:49,329 --> 01:49:49,864
numbers today about the deal.

3820
01:49:49,864 --> 01:49:51,650
I know this.

3821
01:49:51,650 --> 01:49:52,165
They went net positive in 10

3822
01:49:52,165 --> 01:49:53,467
years and they're binging in

3823
01:49:53,467 --> 01:49:53,767
almost double what their debt

3824
01:49:53,767 --> 01:49:55,635
service is.

3825
01:49:55,635 --> 01:49:56,904
It's a fantastic deal and it's a

3826
01:49:56,904 --> 01:49:57,338
model that we should really

3827
01:49:57,338 --> 01:49:59,338
follow.

3828
01:49:59,974 --> 01:50:02,176
Not only for the economists, the

3829
01:50:02,176 --> 01:50:02,643
economic benefits, but also for

3830
01:50:02,643 --> 01:50:04,643
baseball.

3831
01:50:04,712 --> 01:50:06,581
The braves used that money to

3832
01:50:06,581 --> 01:50:07,949
pure it into their payroll --

3833
01:50:07,949 --> 01:50:09,830
pour it into their payroll which

3834
01:50:09,830 --> 01:50:09,450
is exactly what the rays are

3835
01:50:09,450 --> 01:50:11,352
planning to do.

3836
01:50:11,352 --> 01:50:11,786
That means we can keep our great

3837
01:50:11,786 --> 01:50:12,654
players.

3838
01:50:12,654 --> 01:50:16,854
We don't v to watch them walk

3839
01:50:17,492 --> 01:50:18,726
out the door anymore.

3840
01:50:18,726 --> 01:50:21,296
That means we can be big boys

3841
01:50:21,296 --> 01:50:22,596
when it whichs to payroll and

3842
01:50:22,596 --> 01:50:24,899
win a world series which

3843
01:50:24,899 --> 01:50:25,366
hopefully we will do in the very

3844
01:50:25,366 --> 01:50:26,301
near future.

3845
01:50:26,301 --> 01:50:27,100
And that's what baseball means

3846
01:50:27,100 --> 01:50:28,235
to our community.

3847
01:50:28,235 --> 01:50:29,404
I was able to take my kids to a

3848
01:50:29,404 --> 01:50:30,605
world series game in 2008.

3849
01:50:30,605 --> 01:50:31,673
I will never forget that

3850
01:50:31,673 --> 01:50:33,400
that.

3851
01:50:33,400 --> 01:50:34,309
i hear countless stories from

3852
01:50:34,309 --> 01:50:36,144
fans that call into our show and

3853
01:50:36,144 --> 01:50:37,478
are part of our show all the

3854
01:50:37,478 --> 01:50:38,913
time that talk about what

3855
01:50:38,913 --> 01:50:40,882
baseball means to them and

3856
01:50:40,882 --> 01:50:42,716
bringing a community together.

3857
01:50:42,716 --> 01:50:43,184
This area will bring us

3858
01:50:43,184 --> 01:50:44,185
together.

3859
01:50:44,185 --> 01:50:46,387
We are so isolated.

3860
01:50:46,387 --> 01:50:46,821
This will bring the community

3861
01:50:46,821 --> 01:50:47,689
together.

3862
01:50:47,689 --> 01:50:48,189
It's desperately needed for

3863
01:50:48,189 --> 01:50:49,323
that.

3864
01:50:49,323 --> 01:50:50,792
And finally I want to talk about

3865
01:50:50,792 --> 01:50:52,792
this ownership group.

3866
01:50:52,993 --> 01:50:54,195
From the very beginning of this

3867
01:50:54,195 --> 01:50:55,530
process, they have done uand you

3868
01:50:55,530 --> 01:50:56,865
guys know this, they have

3869
01:50:56,865 --> 01:50:59,670
listened to you and you guys

3870
01:50:59,670 --> 01:51:00,340
have done a great job holding

3871
01:51:00,340 --> 01:51:00,869
their feet to the fire and they

3872
01:51:00,869 --> 01:51:03,471
have given and they have given.

3873
01:51:03,471 --> 01:51:04,380
They're going to put in

3874
01:51:04,380 --> 01:51:05,140
$1.4 billion of private

3875
01:51:05,140 --> 01:51:05,407
investment just for the

3876
01:51:05,407 --> 01:51:06,307
community.

3877
01:51:06,307 --> 01:51:08,430
That doesn't go to them.

3878
01:51:08,430 --> 01:51:09,711
That goes to construction folks,

3879
01:51:09,711 --> 01:51:11,413
that goes to hard working people

3880
01:51:11,413 --> 01:51:14,683
here who are hurting, who are

3881
01:51:14,683 --> 01:51:16,952
going to benefit by this.

3882
01:51:16,952 --> 01:51:17,886
So I ask you to be bold.

3883
01:51:17,886 --> 01:51:18,653
Fortune favors the bold.

3884
01:51:18,653 --> 01:51:20,955
Do something that is going to

3885
01:51:20,955 --> 01:51:22,290
leave a legacy for your kids, my

3886
01:51:22,290 --> 01:51:23,291
kids, and the city of tampa for

3887
01:51:23,291 --> 01:51:25,260
generations to come.

3888
01:51:25,260 --> 01:51:26,461
And if you don't do it, the rays

3889
01:51:26,461 --> 01:51:26,895
are going down the road to

3890
01:51:26,895 --> 01:51:28,563
orlando.

3891
01:51:28,563 --> 01:51:31,633
Don't be the vote that sends

3892
01:51:31,633 --> 01:51:33,402
their money and this incredible

3893
01:51:33,402 --> 01:51:34,937
investment down the road to

3894
01:51:34,937 --> 01:51:35,404
orlando and our beloved

3895
01:51:35,404 --> 01:51:36,370
baseball.

3896
01:51:36,370 --> 01:51:36,571
>> ken hagan: state your name

3897
01:51:36,571 --> 01:51:38,600
for the record.

3898
01:51:38,600 --> 01:51:38,707
>> J.P. Peterson.

3899
01:51:38,707 --> 01:51:40,707
>> ken hagan: thanks.

3900
01:51:41,750 --> 01:51:41,777
Bishop michelle patty.

3901
01:51:41,777 --> 01:51:43,777
she here?

3902
01:51:45,470 --> 01:51:46,714
Followed by bob morrison and

3903
01:51:46,714 --> 01:51:48,350
steven gearheart who is virtual.

3904
01:51:48,350 --> 01:51:49,585
>> good morning, my name is

3905
01:51:49,585 --> 01:51:51,453
bishop michelle b. Patty.

3906
01:51:51,453 --> 01:51:53,422
I was born here in the city of

3907
01:51:53,422 --> 01:51:55,422
tampa 73 years ago.

3908
01:51:55,524 --> 01:51:58,927
I'm a homeowner and a taxpayer.

3909
01:51:58,927 --> 01:52:00,128
I live in brandon, florida.

3910
01:52:00,128 --> 01:52:02,431
On yesterday there was three

3911
01:52:02,431 --> 01:52:05,199
young men that committed a

3912
01:52:05,199 --> 01:52:08,700
heinous crime by attacking a

3913
01:52:08,700 --> 01:52:09,700
homeless man, beat him near to

3914
01:52:09,700 --> 01:52:10,306
death out of boredom.

3915
01:52:10,306 --> 01:52:12,274
They said they were bored.

3916
01:52:12,274 --> 01:52:14,343
Now just think that if they had

3917
01:52:14,343 --> 01:52:15,677
a part of apprenticeship

3918
01:52:15,677 --> 01:52:18,514
program, we're talking about the

3919
01:52:18,514 --> 01:52:19,314
rays bringing jobs.

3920
01:52:19,314 --> 01:52:21,314
Apprenticeship programs will

3921
01:52:21,383 --> 01:52:23,185
`actually help these same young

3922
01:52:23,185 --> 01:52:24,487
men become entrepreneurs.

3923
01:52:24,487 --> 01:52:25,520
How many more jobs they would be

3924
01:52:25,520 --> 01:52:27,189
able to create?

3925
01:52:27,189 --> 01:52:29,125
But right now their future

3926
01:52:29,125 --> 01:52:31,159
because they're talking about

3927
01:52:31,159 --> 01:52:32,261
adjudicating them as adults so

3928
01:52:32,261 --> 01:52:34,363
their lives are over.

3929
01:52:34,363 --> 01:52:35,831
As a mother, as a grandmother

3930
01:52:35,831 --> 01:52:39,000
who's staying here who know the

3931
01:52:39,000 --> 01:52:40,235
fact about how my children was

3932
01:52:40,235 --> 01:52:42,772
killed, so I'm looking at it

3933
01:52:42,772 --> 01:52:43,238
what price do we put on our

3934
01:52:43,238 --> 01:52:45,238
children.

3935
01:52:46,309 --> 01:52:48,440
What price do we put on children

3936
01:52:48,440 --> 01:52:50,440
having a future?

3937
01:52:50,279 --> 01:52:50,947
So I'm definitely in support of

3938
01:52:50,947 --> 01:52:52,947
the rays.

3939
01:52:53,114 --> 01:52:55,351
It's a whole lot more than

3940
01:52:55,351 --> 01:52:56,886
selling pop corns or people

3941
01:52:56,886 --> 01:52:58,254
talking about minimum wage.

3942
01:52:58,254 --> 01:52:59,221
Well, I rather for a person to

3943
01:52:59,221 --> 01:53:01,557
receive minimum wae than to be

3944
01:53:01,557 --> 01:53:03,893
out here and selling fentanyl.

3945
01:53:03,893 --> 01:53:05,861
I rather for a person to receive

3946
01:53:05,861 --> 01:53:07,195
minimum wage than to be out here

3947
01:53:07,195 --> 01:53:09,398
gang banging or killing.

3948
01:53:09,398 --> 01:53:10,733
Are you all in touch with what's

3949
01:53:10,733 --> 01:53:12,368
going on today?

3950
01:53:12,368 --> 01:53:14,137
In this county?

3951
01:53:14,137 --> 01:53:15,905
ith uroyoung people?

3952
01:53:15,905 --> 01:53:18,207
They're bored to death because

3953
01:53:18,207 --> 01:53:19,308
nobody is reaching out to help

3954
01:53:19,308 --> 01:53:21,511
them, to support them.

3955
01:53:21,511 --> 01:53:21,945
We're up here bickering about

3956
01:53:21,945 --> 01:53:23,713
dollars.

3957
01:53:23,713 --> 01:53:25,481
I'm standing here asking that we

3958
01:53:25,481 --> 01:53:26,915
save lives, and with the rays

3959
01:53:26,915 --> 01:53:28,717
trntion might seem simple -- it

3960
01:53:28,717 --> 01:53:30,190
might see simple but it's not.

3961
01:53:30,190 --> 01:53:32,222
In baseball there is a lot of

3962
01:53:32,222 --> 01:53:33,755
layers to being a stadium.

3963
01:53:33,755 --> 01:53:35,910
You're talking about

3964
01:53:35,910 --> 01:53:36,959
construction, you're talking

3965
01:53:36,959 --> 01:53:38,360
about even with the field,

3966
01:53:38,360 --> 01:53:40,363
people that's are in the field,

3967
01:53:40,363 --> 01:53:42,231
they can become coaches.

3968
01:53:42,231 --> 01:53:43,266
There is just so many things.

3969
01:53:43,266 --> 01:53:46,866
To work in the front office.

3970
01:53:47,636 --> 01:53:48,638
There are so many jobs that

3971
01:53:48,638 --> 01:53:49,372
that this

3972
01:53:49,372 --> 01:53:50,307
would bring to the community.

3973
01:53:50,307 --> 01:53:50,540
>> ken hagan: thank you, bishop

3974
01:53:50,540 --> 01:53:51,374
patty.

3975
01:53:51,374 --> 01:53:53,374
Appreciate the comments.

3976
01:53:53,475 --> 01:53:54,244
Bob morrison followed by steven

3977
01:53:54,244 --> 01:53:55,445
geregard, which is virtual and

3978
01:53:55,445 --> 01:53:55,878
then last speaker is james

3979
01:53:55,878 --> 01:53:57,113
ransom.

3980
01:53:57,113 --> 01:53:58,648
Good morning.

3981
01:53:58,648 --> 01:53:59,782
>> good morning, chair, and

3982
01:53:59,782 --> 01:54:01,751
members of the commission.

3983
01:54:01,751 --> 01:54:04,154
My name is bob morrison.

3984
01:54:04,154 --> 01:54:04,855
I'm here on behalf of the

3985
01:54:04,855 --> 01:54:06,923
hillsborough county hotel and

3986
01:54:06,923 --> 01:54:08,923
logic association.

3987
01:54:11,361 --> 01:54:14,197
First of all, my members

3988
01:54:14,197 --> 01:54:15,398
represent about 92% of all hotel

3989
01:54:15,398 --> 01:54:17,398
revenue generated in

3990
01:54:17,500 --> 01:54:19,360
hillsborough county.

3991
01:54:19,360 --> 01:54:21,571
So as a result, my standing here

3992
01:54:21,571 --> 01:54:23,600
on their behalf is for three

3993
01:54:23,600 --> 01:54:25,600
purposes.

3994
01:54:27,100 --> 01:54:30,547
Number 1, we have, we were the

3995
01:54:30,547 --> 01:54:33,160
entity that said to you go

3996
01:54:33,160 --> 01:54:35,719
forward and adopt the 6% on the

3997
01:54:35,719 --> 01:54:37,719
tourist tax.

3998
01:54:37,955 --> 01:54:40,491
Those hotel owners took that 1%

3999
01:54:40,491 --> 01:54:44,910
that could have been part of

4000
01:54:44,461 --> 01:54:46,130
their profit line to invest in

4001
01:54:46,130 --> 01:54:47,664
this community, and what the

4002
01:54:47,664 --> 01:54:48,866
tourist development tax could

4003
01:54:48,866 --> 01:54:50,866
deliver.

4004
01:54:51,401 --> 01:54:53,369
Number 2, as I mentioned to city

4005
01:54:53,369 --> 01:54:54,938
council yesterday, one of the

4006
01:54:54,938 --> 01:54:56,473
things that we've done is

4007
01:54:56,473 --> 01:54:58,909
because we have skin in the

4008
01:54:58,909 --> 01:55:01,245
game, because your formula

4009
01:55:01,245 --> 01:55:03,213
suggests a significant check

4010
01:55:03,213 --> 01:55:05,613
written from the tourist

4011
01:55:05,882 --> 01:55:06,383
development tax, we did our own

4012
01:55:06,383 --> 01:55:07,651
investigation.

4013
01:55:07,651 --> 01:55:10,920
One of the things that we were

4014
01:55:10,920 --> 01:55:13,891
concerned about was not to

4015
01:55:13,891 --> 01:55:15,993
bastardize or in any replicate

4016
01:55:15,993 --> 01:55:17,628
facilities we already have.

4017
01:55:17,628 --> 01:55:19,630
The announcement I shared

4018
01:55:19,630 --> 01:55:21,310
yesterday with the city council

4019
01:55:21,310 --> 01:55:24,000
that we no longer are eligible

4020
01:55:24,000 --> 01:55:25,469
for women's final four because

4021
01:55:25,469 --> 01:55:28,238
benchmark is not large enough to

4022
01:55:28,238 --> 01:55:30,638
meet their seating requirements.

4023
01:55:30,941 --> 01:55:32,510
Speaks to this particular

4024
01:55:32,510 --> 01:55:34,378
development being unique and

4025
01:55:34,378 --> 01:55:37,470
being positioned to fill the

4026
01:55:37,470 --> 01:55:37,515
void that we have in our

4027
01:55:37,515 --> 01:55:39,250
community.

4028
01:55:39,250 --> 01:55:41,650
Ultimately our message, message

4029
01:55:43,120 --> 01:55:45,456
to you is we are concerned about

4030
01:55:45,456 --> 01:55:46,657
how visit tampa bay might fare

4031
01:55:46,657 --> 01:55:48,392
and all of this.

4032
01:55:48,392 --> 01:55:50,461
But we believe that working with

4033
01:55:50,461 --> 01:55:52,830
county staff and the rays, we

4034
01:55:52,830 --> 01:55:54,899
can make sure we fund the

4035
01:55:54,899 --> 01:55:56,267
economic engine to make sure

4036
01:55:56,267 --> 01:55:58,602
that we are telling the story of

4037
01:55:58,602 --> 01:56:01,200
this destination and bringing

4038
01:56:01,710 --> 01:56:01,539
those destination dollars to our

4039
01:56:01,539 --> 01:56:02,720
community.

4040
01:56:02,720 --> 01:56:02,473
>> ken hagan: thank you,

4041
01:56:02,473 --> 01:56:04,473
MR. Morrison.

4042
01:56:04,808 --> 01:56:06,808
Appreciate it.

4043
01:56:09,213 --> 01:56:11,182
Steven gerrard on the line?

4044
01:56:11,182 --> 01:56:12,850
>> commissioners, my name is

4045
01:56:12,850 --> 01:56:13,751
steven gearheard.

4046
01:56:13,751 --> 01:56:14,317
I am a resident of hillsborough

4047
01:56:14,317 --> 01:56:15,820
county.

4048
01:56:15,820 --> 01:56:17,388
Today I'm here to object to the

4049
01:56:17,388 --> 01:56:18,156
use of public funds for a for

4050
01:56:18,156 --> 01:56:20,156
profit sports team.

4051
01:56:20,157 --> 01:56:21,558
in the nearly definitive

4052
01:56:21,558 --> 01:56:23,327
document, there are no

4053
01:56:23,327 --> 01:56:25,597
guarantees that require the rays

4054
01:56:25,597 --> 01:56:27,832
to develop any minimum taxable

4055
01:56:27,832 --> 01:56:28,199
use and no provisions to enforce

4056
01:56:28,199 --> 01:56:29,800
it.

4057
01:56:29,800 --> 01:56:31,469
Full stop, I ask all of the

4058
01:56:31,469 --> 01:56:33,471
commissioners to hear that.

4059
01:56:33,471 --> 01:56:35,439
There are construction

4060
01:56:35,439 --> 01:56:37,839
guarantees, there are guarantees

4061
01:56:38,576 --> 01:56:40,211
on cost overruns, but they do

4062
01:56:40,211 --> 01:56:41,413
nas have any requirements to

4063
01:56:41,413 --> 01:56:41,980
produce any taxable lnd

4064
01:56:41,980 --> 01:56:43,980
improvements.

4065
01:56:44,281 --> 01:56:44,683
Today hcc pays zero dollars in

4066
01:56:44,683 --> 01:56:45,717
taxes.

4067
01:56:45,717 --> 01:56:48,253
Tomorrow the hcc tamps will

4068
01:56:48,253 --> 01:56:50,210
continue to pay zero dollars.

4069
01:56:50,210 --> 01:56:51,990
Without taxable development, the

4070
01:56:51,990 --> 01:56:52,557
tax income remains the status

4071
01:56:52,557 --> 01:56:53,992
quo.

4072
01:56:53,992 --> 01:56:55,327
Without written guarantees, the

4073
01:56:55,327 --> 01:56:57,295
burden to service the debts on

4074
01:56:57,295 --> 01:56:59,597
the bonds truly lies with the

4075
01:56:59,597 --> 01:57:01,666
citizens of hillsborough county.

4076
01:57:01,666 --> 01:57:02,634
In this surrounding development,

4077
01:57:02,634 --> 01:57:03,702
I'm sorry, if the surrounding

4078
01:57:03,702 --> 01:57:06,370
development is developed, the

4079
01:57:06,370 --> 01:57:06,838
cdd will take a disproportionate

4080
01:57:06,838 --> 01:57:07,271
amount of shares of the

4081
01:57:07,271 --> 01:57:08,573
revenues.

4082
01:57:08,573 --> 01:57:09,741
Under the proposed third tier

4083
01:57:09,741 --> 01:57:10,342
and this is really, really

4084
01:57:10,342 --> 01:57:11,810
important, I ask the

4085
01:57:11,810 --> 01:57:13,412
commissioners to hear this.

4086
01:57:13,412 --> 01:57:15,480
The district would receive 85%

4087
01:57:15,480 --> 01:57:17,480
of the revenues.

4088
01:57:17,482 --> 01:57:18,350
Under florida law, community

4089
01:57:18,350 --> 01:57:20,180
development districts are

4090
01:57:20,180 --> 01:57:21,419
controlled by the landowner.

4091
01:57:21,419 --> 01:57:23,870
That's hillsborough college.

4092
01:57:23,870 --> 01:57:24,957
And their benefactor development

4093
01:57:24,957 --> 01:57:27,957
partner tenant is the rays.

4094
01:57:28,260 --> 01:57:29,828
After six years, the rays deal

4095
01:57:29,828 --> 01:57:32,731
take control of the cdd board

4096
01:57:32,731 --> 01:57:33,899
smed this is not government

4097
01:57:33,899 --> 01:57:34,366
oversight as it has been

4098
01:57:34,366 --> 01:57:35,734
presented.

4099
01:57:35,734 --> 01:57:37,734
Sunshine laws require

4100
01:57:38,470 --> 01:57:39,471
transparency but not control.

4101
01:57:39,471 --> 01:57:41,871
this creates additional revenue

4102
01:57:41,940 --> 01:57:42,807
stream or cost offset programs

4103
01:57:42,807 --> 01:57:44,807
for the rays.

4104
01:57:46,770 --> 01:57:46,944
Let's come back to the tiers.

4105
01:57:46,944 --> 01:57:48,347
$650 million of assessed value

4106
01:57:48,347 --> 01:57:50,747
is the top tier.

4107
01:57:51,820 --> 01:57:52,350
The rays have communicated

4108
01:57:52,350 --> 01:57:54,620
nearly $7.05 mill billion in

4109
01:57:54,620 --> 01:57:58,157
revenue of -- of assessed value.

4110
01:57:58,157 --> 01:58:00,557
That means that $6.85 billion,

4111
01:58:01,359 --> 01:58:02,127
85% of that taxed income would

4112
01:58:02,127 --> 01:58:03,662
go into the district.

4113
01:58:03,662 --> 01:58:06,565
A district that will be

4114
01:58:06,565 --> 01:58:06,932
controlled by the rays in six

4115
01:58:06,932 --> 01:58:08,932
years.

4116
01:58:09,670 --> 01:58:10,268
While the county takes home less

4117
01:58:10,268 --> 01:58:12,400
than $100 million of projected

4118
01:58:12,400 --> 01:58:12,972
total lifetime value from the

4119
01:58:12,972 --> 01:58:14,406
property taxes.

4120
01:58:14,406 --> 01:58:16,308
Why is there no cap?

4121
01:58:16,308 --> 01:58:16,841
Why is this concept

4122
01:58:16,841 --> 01:58:17,376
introduced --

4123
01:58:17,376 --> 01:58:17,910
>> ken hagan: thank you,

4124
01:58:17,910 --> 01:58:18,511
appreciate your comments.

4125
01:58:18,511 --> 01:58:20,511
James ransom.

4126
01:58:22,815 --> 01:58:24,350
Last speaker.

4127
01:58:24,350 --> 01:58:26,350
>> good morning, sir.

4128
01:58:27,860 --> 01:58:27,620
>> good morning, MR. Chair and

4129
01:58:27,620 --> 01:58:29,620
commissioners.

4130
01:58:30,556 --> 01:58:31,957
I've never been last at any

4131
01:58:31,957 --> 01:58:32,725
anything before, but today is my

4132
01:58:32,725 --> 01:58:34,193
first time being last.

4133
01:58:34,193 --> 01:58:36,950
First, on behalf of the tampa

4134
01:58:36,950 --> 01:58:37,330
organization of black affairs, I

4135
01:58:37,330 --> 01:58:37,797
chair the economic development

4136
01:58:37,797 --> 01:58:38,931
committee.

4137
01:58:38,931 --> 01:58:41,330
You've been receiving letters

4138
01:58:41,330 --> 01:58:43,100
from us for many months giving

4139
01:58:43,100 --> 01:58:45,838
you the conditions that our

4140
01:58:45,838 --> 01:58:47,907
organization would support the

4141
01:58:47,907 --> 01:58:50,307
rays ballpark development along

4142
01:58:50,409 --> 01:58:51,944
with the mixed development and

4143
01:58:51,944 --> 01:58:52,445
the hillsborough college

4144
01:58:52,445 --> 01:58:54,313
development.

4145
01:58:54,313 --> 01:58:55,280
So let me just say right up

4146
01:58:55,280 --> 01:58:57,150
front that the tampa

4147
01:58:57,150 --> 01:58:59,550
organization of black affairs,

4148
01:59:00,186 --> 01:59:01,821
100% supports the rays ballpark

4149
01:59:01,821 --> 01:59:03,656
project, and we wanted to thank

4150
01:59:03,656 --> 01:59:05,457
also I see will weatherford here

4151
01:59:05,457 --> 01:59:06,758
who is the chair of the trustee

4152
01:59:06,758 --> 01:59:07,759
board at usf.

4153
01:59:07,759 --> 01:59:08,960
They got the message when we

4154
01:59:08,960 --> 01:59:10,863
talk about trying to have

4155
01:59:10,863 --> 01:59:11,997
inclusion of black owned

4156
01:59:11,997 --> 01:59:12,998
companies and including the

4157
01:59:12,998 --> 01:59:13,999
black community on building a

4158
01:59:13,999 --> 01:59:15,634
new usf stadium.

4159
01:59:15,634 --> 01:59:18,340
It wouldn't have happened

4160
01:59:18,404 --> 01:59:20,473
without will weatherford and

4161
01:59:20,473 --> 01:59:22,442
rhea law and jay strowman and

4162
01:59:22,442 --> 01:59:23,376
folks out at usf and we

4163
01:59:23,376 --> 01:59:24,711
appreciate that because the top

4164
01:59:24,711 --> 01:59:25,578
down bottom up deal at that

4165
01:59:25,578 --> 01:59:27,113
stadium includes businesses from

4166
01:59:27,113 --> 01:59:28,581
our community that are

4167
01:59:28,581 --> 01:59:29,516
qualified, ready, willing and

4168
01:59:29,516 --> 01:59:30,160
able to help build that

4169
01:59:30,160 --> 01:59:31,884
university stadium.

4170
01:59:31,884 --> 01:59:34,754
With the rays project, we've

4171
01:59:34,754 --> 01:59:36,523
talked with MR. Babby many times

4172
01:59:36,523 --> 01:59:38,900
about the same ideas and we know

4173
01:59:38,900 --> 01:59:39,259
that we're hearing that from

4174
01:59:39,259 --> 01:59:42,259
you, from commissioner myers and

4175
01:59:43,496 --> 01:59:44,931
many others from nia and the

4176
01:59:44,931 --> 01:59:45,965
city councilmembers from

4177
01:59:45,965 --> 01:59:46,733
yesterday, they hear us and

4178
01:59:46,733 --> 01:59:47,167
understand what's important to

4179
01:59:47,167 --> 01:59:49,167
our community.

4180
01:59:51,771 --> 01:59:55,700
We want to share the prosperity

4181
01:59:55,700 --> 01:59:56,976
we want to share in a

4182
01:59:56,976 --> 01:59:57,777
transformative project in so

4183
01:59:57,777 --> 01:59:59,745
many ways.

4184
01:59:59,745 --> 02:00:00,514
So while you are contemplating

4185
02:00:00,514 --> 02:00:01,982
the public's concern about

4186
02:00:01,982 --> 02:00:04,982
public trust and public funding

4187
02:00:05,585 --> 02:00:07,253
which is very important, not to

4188
02:00:07,253 --> 02:00:08,121
unfill fill comimentsz to those

4189
02:00:08,121 --> 02:00:09,322
things made important to the

4190
02:00:09,322 --> 02:00:10,357
taxpayers other than for the

4191
02:00:10,357 --> 02:00:12,580
baseball park, but we want to

4192
02:00:12,580 --> 02:00:13,860
leave you with the idea that the

4193
02:00:13,860 --> 02:00:15,629
staff has done a great job, city

4194
02:00:15,629 --> 02:00:17,630
and county, board of county

4195
02:00:17,630 --> 02:00:19,980
commissioners, and the city

4196
02:00:19,980 --> 02:00:20,967
councilmembers,.

4197
02:00:20,967 --> 02:00:21,868
We appreciate the audience and

4198
02:00:21,868 --> 02:00:23,360
you making the right decision to

4199
02:00:23,360 --> 02:00:23,303
support this today.

4200
02:00:23,303 --> 02:00:24,700
Thank you.

4201
02:00:24,700 --> 02:00:24,570
>> ken hagan: thank you,

4202
02:00:24,570 --> 02:00:25,604
MR. Ransom.

4203
02:00:25,604 --> 02:00:26,390
Okay, that closes public

4204
02:00:26,390 --> 02:00:28,390
comment.

4205
02:00:29,176 --> 02:00:30,544
We'll go into board discussion.

4206
02:00:30,544 --> 02:00:32,379
Board members, I worked on this

4207
02:00:32,379 --> 02:00:33,714
for a few years, so I'm going to

4208
02:00:33,714 --> 02:00:34,948
think ahead and jump in here.

4209
02:00:34,948 --> 02:00:36,820
-- to go ahead and jump in here.

4210
02:00:36,820 --> 02:00:39,452
Before I make my remarks though,

4211
02:00:39,452 --> 02:00:43,423
I do want to thank bonnie, greg,

4212
02:00:43,423 --> 02:00:45,225
julia, tom, sam, and eric hart

4213
02:00:45,225 --> 02:00:47,930
for all of their hard work on

4214
02:00:47,930 --> 02:00:49,493
getting us here today.

4215
02:00:49,596 --> 02:00:51,798
This has truly been a team

4216
02:00:51,798 --> 02:00:54,340
effort, and we're fortunate to

4217
02:00:54,340 --> 02:00:56,360
have the a team on our side.

4218
02:00:56,360 --> 02:00:58,772
They worked around the clock

4219
02:00:58,772 --> 02:01:00,840
night and day to get us here.

4220
02:01:00,840 --> 02:01:02,109
I particularly want to thank

4221
02:01:02,109 --> 02:01:03,177
bonnie and yulia.

4222
02:01:03,177 --> 02:01:06,246
I know it's been both mentally

4223
02:01:06,246 --> 02:01:07,547
and physically extremely

4224
02:01:07,547 --> 02:01:09,947
challenging, and exhausting for

4225
02:01:10,184 --> 02:01:12,386
them the last couple of months.

4226
02:01:12,386 --> 02:01:14,200
There have been so many

4227
02:01:14,200 --> 02:01:15,220
complexuouses with this a --

4228
02:01:15,220 --> 02:01:17,422
complex issues with this

4229
02:01:17,457 --> 02:01:18,324
agreement, and many of them were

4230
02:01:18,324 --> 02:01:19,590
contentious.

4231
02:01:19,590 --> 02:01:21,590
However, throughout this

4232
02:01:22,562 --> 02:01:24,665
process, they remain steadfast,

4233
02:01:24,665 --> 02:01:26,333
meticulous, and unwavering in

4234
02:01:26,333 --> 02:01:28,536
representing the county and

4235
02:01:28,536 --> 02:01:29,737
protecting the taxpayers.

4236
02:01:29,737 --> 02:01:31,639
So I can't thank them enough for

4237
02:01:31,639 --> 02:01:33,840
all of your efforts.

4238
02:01:33,840 --> 02:01:37,440
I also want to thank city

4239
02:01:37,844 --> 02:01:40,244
council chair alan clendenin.

4240
02:01:41,148 --> 02:01:43,148
Councilmember louis vierra,

4241
02:01:43,317 --> 02:01:46,317
COUNCILMAN Carlson and nia young

4242
02:01:46,487 --> 02:01:47,455
or keeping an open mind and

4243
02:01:47,455 --> 02:01:48,288
challenging the status quo

4244
02:01:48,288 --> 02:01:50,240
throughout this process and for

4245
02:01:50,240 --> 02:01:50,925
recognizing what an enormous

4246
02:01:50,925 --> 02:01:52,260
opportunity we have in front of

4247
02:01:52,260 --> 02:01:54,260
us.

4248
02:01:56,300 --> 02:01:57,310
Thank you for your leadership.

4249
02:01:57,310 --> 02:01:58,199
I also want to personally thank

4250
02:01:58,199 --> 02:01:59,667
our board members here who've

4251
02:01:59,667 --> 02:02:01,402
kept an open mind and respected

4252
02:02:01,402 --> 02:02:02,437
the process.

4253
02:02:02,437 --> 02:02:03,971
As we know, there have been so

4254
02:02:03,971 --> 02:02:06,971
many issues and moving parts

4255
02:02:12,647 --> 02:02:14,881
over the last couple of months.

4256
02:02:14,881 --> 02:02:16,451
Bonnie referred to it as a

4257
02:02:16,451 --> 02:02:18,653
collaboration and it has but

4258
02:02:18,653 --> 02:02:20,855
it's also a balancing act

4259
02:02:20,855 --> 02:02:21,856
between county, city, rays, and

4260
02:02:21,856 --> 02:02:23,856
hillsborough college's interest,

4261
02:02:24,725 --> 02:02:25,159
and it hasn't necessarily been

4262
02:02:25,159 --> 02:02:26,293
easy.

4263
02:02:26,293 --> 02:02:27,728
Having five elections since I

4264
02:02:27,728 --> 02:02:30,128
first began championing this

4265
02:02:30,298 --> 02:02:33,368
issue back in 2010, I know what

4266
02:02:33,368 --> 02:02:34,468
some board members have gone

4267
02:02:34,468 --> 02:02:35,136
through and experienced

4268
02:02:35,136 --> 02:02:37,136
throughout the process.

4269
02:02:45,380 --> 02:02:47,780
It has been difficult.

4270
02:08:08,339 --> 02:08:10,708
It will create the density that

4271
02:08:10,708 --> 02:08:13,108
supports real transit options.

4272
02:08:13,311 --> 02:08:14,479
I think we all or at least most

4273
02:08:14,479 --> 02:08:14,979
of us recognize we live in one

4274
02:08:14,979 --> 02:08:16,880
of the best cities and

4275
02:08:16,880 --> 02:08:19,280
communities in the country.

4276
02:08:19,917 --> 02:08:20,585
But without question, this mixed

4277
02:08:20,585 --> 02:08:21,819
use development will

4278
02:08:21,819 --> 02:08:23,655
differentiate our community from

4279
02:08:23,655 --> 02:08:26,655
our competitors and solidify our

4280
02:08:27,425 --> 02:08:28,693
position as a world-class city?

4281
02:08:28,693 --> 02:08:30,161
The second question I asked

4282
02:08:30,161 --> 02:08:31,496
myself is what side of history

4283
02:08:31,496 --> 02:08:32,963
do you want to be on.

4284
02:08:32,963 --> 02:08:36,563
Three, five, ten years from now,

4285
02:08:36,834 --> 02:08:38,350
do you want to be responsible

4286
02:08:38,350 --> 02:08:39,604
for not only the rays' forever

4287
02:08:39,604 --> 02:08:41,306
home but the generational

4288
02:08:41,306 --> 02:08:42,730
project that's in front of us,

4289
02:08:42,730 --> 02:08:42,674
the largest and most

4290
02:08:42,674 --> 02:08:44,674
transformative development in

4291
02:08:46,777 --> 02:08:48,712
hillsborough county history.

4292
02:08:48,712 --> 02:08:50,215
Or do you want to be able to

4293
02:08:50,215 --> 02:08:50,715
say, see that area by

4294
02:08:50,715 --> 02:08:52,715
hillsborough college?

4295
02:08:55,200 --> 02:08:55,854
I had a chance to be a part of

4296
02:08:55,854 --> 02:08:57,622
something special.

4297
02:08:57,622 --> 02:09:01,222
But chose to think small and

4298
02:09:03,161 --> 02:09:04,563
major in the minors?

4299
02:09:04,563 --> 02:09:05,730
I know what side of history I

4300
02:09:05,730 --> 02:09:08,130
want to be on.

4301
02:09:08,333 --> 02:09:10,968
either way, make no mistake,

4302
02:09:10,968 --> 02:09:11,202
there is a cost of doing

4303
02:09:11,202 --> 02:09:13,400
nothing.

4304
02:09:13,400 --> 02:09:15,140
For those who criticize our

4305
02:09:15,140 --> 02:09:16,507
up-front investment, the cost of

4306
02:09:16,507 --> 02:09:18,643
our investment will pale in

4307
02:09:18,643 --> 02:09:20,879
comparison to the enormous cost

4308
02:09:20,879 --> 02:09:21,179
of losing this extraordinary

4309
02:09:21,179 --> 02:09:23,179
development.

4310
02:09:23,381 --> 02:09:23,615
What is the cost of doing

4311
02:09:23,615 --> 02:09:25,584
nothing?

4312
02:09:25,584 --> 02:09:26,317
For starters, losing a baseball

4313
02:09:26,317 --> 02:09:28,317
team.

4314
02:09:28,787 --> 02:09:30,555
In a perfect world, ball parks

4315
02:09:30,555 --> 02:09:31,923
and stadiums would be 100%

4316
02:09:31,923 --> 02:09:33,923
previouslily financed.

4317
02:09:34,393 --> 02:09:35,994
I couldn't agree more.

4318
02:09:35,994 --> 02:09:37,462
Here's the news flash: we don't

4319
02:09:37,462 --> 02:09:38,463
live in a perfect world or

4320
02:09:38,463 --> 02:09:40,463
static environment.

4321
02:09:40,932 --> 02:09:43,932
It doesn't matter if we're

4322
02:09:45,837 --> 02:09:46,438
talking mlb, nfl, nhl or the

4323
02:09:46,438 --> 02:09:48,438
nfl.

4324
02:09:48,606 --> 02:09:50,942
Cities and communities always

4325
02:09:50,942 --> 02:09:52,277
have and always will roll out

4326
02:09:52,277 --> 02:09:54,112
the red carpet to poach a team.

4327
02:09:54,112 --> 02:09:55,647
The rays are no different.

4328
02:09:55,647 --> 02:09:57,816
Many communities covet the rays

4329
02:09:57,816 --> 02:09:59,818
and are chomping at the bit to

4330
02:09:59,818 --> 02:10:00,552
have the opportunity to

4331
02:10:00,552 --> 02:10:02,952
negotiate with the team.

4332
02:10:03,488 --> 02:10:05,391
Most recently, the oakland a's

4333
02:10:05,391 --> 02:10:08,600
in baseball and the arizona

4334
02:10:08,600 --> 02:10:09,495
coyotes in the nhl relocated.

4335
02:10:09,495 --> 02:10:11,397
Currently, chicago bears and

4336
02:10:11,397 --> 02:10:13,965
kansas city chiefs are all but

4337
02:10:13,965 --> 02:10:15,501
gone and leaving their

4338
02:10:15,501 --> 02:10:16,168
respective states.

4339
02:10:16,168 --> 02:10:18,168
Well, guess what?

4340
02:10:19,370 --> 02:10:19,872
A disagreement fails, the rays

4341
02:10:19,872 --> 02:10:21,872
are next.

4342
02:10:21,941 --> 02:10:24,341
Up until now, commissioner

4343
02:10:24,710 --> 02:10:27,279
manfred hs prevented the team

4344
02:10:27,279 --> 02:10:27,513
from exploring leaving our

4345
02:10:27,513 --> 02:10:29,513
market.

4346
02:10:29,715 --> 02:10:31,717
If we deny this agreement,

4347
02:10:31,717 --> 02:10:33,652
commissioner manfred will allow

4348
02:10:33,652 --> 02:10:35,554
the team to begin negotiations

4349
02:10:35,554 --> 02:10:37,554
with other cities.

4350
02:10:37,656 --> 02:10:37,754
This isn't hyperbole or

4351
02:10:37,754 --> 02:10:38,124
-

4352
02:10:38,124 --> 02:10:40,124
exaggeration.

4353
02:10:40,426 --> 02:10:42,495
Commissioner manfred has said

4354
02:10:42,495 --> 02:10:44,495
so.

4355
02:10:45,300 --> 02:10:48,300
Everywhere I go, nearly eery

4356
02:10:50,102 --> 02:10:53,702
day whether it's publix, the y,

4357
02:10:55,941 --> 02:10:57,941
abbey's, iavarone's, o'brien's,

4358
02:10:58,770 --> 02:10:59,110
yeungling, the golf course, the

4359
02:10:59,110 --> 02:11:00,645
fourth of JULY parade, recently

4360
02:11:00,645 --> 02:11:02,415
as yesterday, hat tricks, folks

4361
02:11:02,415 --> 02:11:06,485
come up to me and the message is

4362
02:11:06,485 --> 02:11:08,487
the exact same: get it done,

4363
02:11:08,487 --> 02:11:11,487
bring the rays to tampa.

4364
02:11:11,624 --> 02:11:11,857
Again, the cost of doing

4365
02:11:11,857 --> 02:11:12,358
nothing?

4366
02:11:12,358 --> 02:11:13,260
We lose a generational

4367
02:11:13,260 --> 02:11:14,726
opportunity, that includes $8

4368
02:11:14,726 --> 02:11:15,561
billion to $10 million in

4369
02:11:15,561 --> 02:11:15,862
private sector investment in the

4370
02:11:15,862 --> 02:11:17,862
district.

4371
02:11:18,597 --> 02:11:21,166
To put that into perspective,

4372
02:11:21,166 --> 02:11:23,670
this is larger than water street

4373
02:11:23,670 --> 02:11:24,604
and midtown combined.

4374
02:11:24,604 --> 02:11:26,604
Think about that.

4375
02:11:26,773 --> 02:11:28,174
Drew park remains an eyesore.

4376
02:11:28,174 --> 02:11:32,374
I was on this board when we

4377
02:11:32,512 --> 02:11:34,747
created the cra back in '05-'06.

4378
02:11:34,747 --> 02:11:37,160
That area was blighted then.

4379
02:11:37,160 --> 02:11:38,851
20 years later, it remains

4380
02:11:38,851 --> 02:11:40,850
blighted and there's no doubt

4381
02:11:40,850 --> 02:11:41,721
that its condition will not

4382
02:11:41,721 --> 02:11:44,121
improve in the foreseeable

4383
02:11:44,524 --> 02:11:44,857
future if this project does not

4384
02:11:44,857 --> 02:11:46,857
move forward.

4385
02:11:49,128 --> 02:11:49,696
We'll also lose the additional

4386
02:11:49,696 --> 02:11:50,296
state-funded transportation

4387
02:11:50,296 --> 02:11:50,497
improvements in or around the

4388
02:11:50,497 --> 02:11:52,497
area.

4389
02:11:53,133 --> 02:11:53,767
We'll lose a brand-new

4390
02:11:53,767 --> 02:11:55,101
hillsborough college campus and

4391
02:11:55,101 --> 02:11:56,836
the educational and career

4392
02:11:56,836 --> 02:11:57,504
opportunities for the students

4393
02:11:57,504 --> 02:11:59,205
in the district.

4394
02:11:59,205 --> 02:12:01,875
The quality of life for rays

4395
02:12:01,875 --> 02:12:03,476
fans is negatively impacted.

4396
02:12:03,476 --> 02:12:04,209
There's an enormous loss of

4397
02:12:04,209 --> 02:12:06,179
economic impact.

4398
02:12:06,179 --> 02:12:06,845
I know when you start to talk

4399
02:12:06,845 --> 02:12:08,615
numbers, there's always

4400
02:12:08,615 --> 02:12:09,516
different studies, always a

4401
02:12:09,516 --> 02:12:11,516
broad range.

4402
02:12:12,352 --> 02:12:13,519
I've heard anywhere when you

4403
02:12:13,519 --> 02:12:14,955
include the direct and indirect

4404
02:12:14,955 --> 02:12:16,423
impact anywhere from $45 billion

4405
02:12:16,423 --> 02:12:17,324
to $75 billion.

4406
02:12:17,324 --> 02:12:19,250
I don't know where the actual

4407
02:12:19,250 --> 02:12:19,493
number lands, but it's a big

4408
02:12:19,493 --> 02:12:20,427
number.

4409
02:12:20,427 --> 02:12:21,327
Loss of jobs.

4410
02:12:21,327 --> 02:12:23,327
Again, a range.

4411
02:12:25,832 --> 02:12:26,565
I've heard anywhere from 7,000

4412
02:12:26,565 --> 02:12:28,565
to 12,000 jobs.

4413
02:12:28,935 --> 02:12:31,538
Loss of sales tax revenue,

4414
02:12:31,538 --> 02:12:33,440
tourist tax revenue, property

4415
02:12:33,440 --> 02:12:36,677
tax ref ju and rent payments

4416
02:12:36,677 --> 02:12:38,345
aenlo, between $140 million and

4417
02:12:38,345 --> 02:12:39,880
$200 million.

4418
02:12:39,880 --> 02:12:41,348
Another important point that

4419
02:12:41,348 --> 02:12:42,683
needs to be underscored not drew

4420
02:12:42,683 --> 02:12:46,283
park but the ball park district

4421
02:12:46,420 --> 02:12:46,753
itself is currently producing

4422
02:12:46,753 --> 02:12:47,754
zero dollars.

4423
02:12:47,754 --> 02:12:49,754
Ask yourself why.

4424
02:12:50,624 --> 02:12:52,159
We can deny this plan and

4425
02:12:52,159 --> 02:12:54,159
continue producing absolutely

4426
02:12:55,562 --> 02:12:56,830
nothing or we can generate

4427
02:12:56,830 --> 02:12:58,830
several revenue streams.

4428
02:12:59,766 --> 02:13:01,435
We'll lose a robust community

4429
02:13:01,435 --> 02:13:03,370
benefits agreement that will be

4430
02:13:03,370 --> 02:13:05,500
used to address needed

4431
02:13:05,500 --> 02:13:06,674
infrastructure, improve our

4432
02:13:06,674 --> 02:13:09,509
residents' quality of life such

4433
02:13:09,509 --> 02:13:12,509
as fire, rescue needs, parks,

4434
02:13:14,414 --> 02:13:15,150
african-american museum, among

4435
02:13:15,150 --> 02:13:17,150
others.

4436
02:13:18,118 --> 02:13:19,520
Also something in my friend J.P.

4437
02:13:19,520 --> 02:13:21,188
Peterson mentioned this earlier,

4438
02:13:21,188 --> 02:13:22,556
something that's driven me

4439
02:13:22,556 --> 02:13:24,956
throughout the 17 years I've

4440
02:13:24,992 --> 02:13:26,126
been on this quest, I want this

4441
02:13:26,126 --> 02:13:28,526
generation and future generation

4442
02:13:29,797 --> 02:13:31,531
of kids and families to create

4443
02:13:31,531 --> 02:13:33,567
memories of the ball park, just

4444
02:13:33,567 --> 02:13:36,837
like I was able to do with my

4445
02:13:36,837 --> 02:13:39,240
dad and I've been able to do

4446
02:13:39,240 --> 02:13:40,307
with my kids, jake and

4447
02:13:40,307 --> 02:13:42,707
elizabeth, just like thousands

4448
02:13:42,743 --> 02:13:43,844
of other kids and families I've

4449
02:13:43,844 --> 02:13:45,880
been able to do in tampa.

4450
02:13:45,880 --> 02:13:47,715
If you do not have those

4451
02:13:47,715 --> 02:13:49,649
memories, it's hard to explain

4452
02:13:49,649 --> 02:13:49,917
what it means, but it's

4453
02:13:49,917 --> 02:13:51,917
priceless.

4454
02:13:53,530 --> 02:13:55,656
And I want to pay that forward.

4455
02:13:55,656 --> 02:13:56,523
Board members, you have an

4456
02:13:56,523 --> 02:13:57,257
incredibly rre opportunity in

4457
02:13:57,257 --> 02:13:58,860
front of us.

4458
02:13:58,860 --> 02:14:02,290
I know one that I haven't faced

4459
02:14:02,290 --> 02:14:03,765
in my time on this board.

4460
02:14:03,765 --> 02:14:04,298
In closing, is this deal

4461
02:14:04,298 --> 02:14:05,266
perfect?

4462
02:14:05,266 --> 02:14:05,867
No.

4463
02:14:05,867 --> 02:14:07,867
No deal is.

4464
02:14:08,402 --> 02:14:09,360
And I think it's fair to say

4465
02:14:09,360 --> 02:14:12,673
both sides wish the deal were a

4466
02:14:12,673 --> 02:14:14,673
little bit better.

4467
02:14:14,942 --> 02:14:15,209
But that's always going to be

4468
02:14:15,209 --> 02:14:17,209
the case.

4469
02:14:17,345 --> 02:14:18,346
One thing is clear, however.

4470
02:14:18,346 --> 02:14:20,746
The team has significantly

4471
02:14:23,451 --> 02:14:24,419
compromised on several deal

4472
02:14:24,419 --> 02:14:26,419
points.

4473
02:14:27,488 --> 02:14:28,256
Notably increasing their

4474
02:14:28,256 --> 02:14:30,656
investment 50/50 split where the

4475
02:14:31,192 --> 02:14:32,760
team is covering 62% of the ball

4476
02:14:32,760 --> 02:14:33,995
park construction plus all cost

4477
02:14:33,995 --> 02:14:35,163
overruns.

4478
02:14:35,163 --> 02:14:36,830
Again, I ask myself, you know,

4479
02:14:36,830 --> 02:14:37,699
what side of history do I want

4480
02:14:37,699 --> 02:14:38,867
to be on?

4481
02:14:38,867 --> 02:14:41,568
And I just ask board members,

4482
02:14:41,568 --> 02:14:43,638
when you cast your vote to be

4483
02:14:43,638 --> 02:14:45,873
courageous, bold and think big.

4484
02:14:45,873 --> 02:14:47,909
Before I make a motion, I do

4485
02:14:47,909 --> 02:14:51,979
want to ask julia a couple of

4486
02:14:51,979 --> 02:14:54,515
questions, because it came up

4487
02:14:54,515 --> 02:14:56,515
during public comment.

4488
02:14:56,784 --> 02:14:58,784
Regarding board members'

4489
02:14:58,987 --> 02:15:02,123
comments in the past on the

4490
02:15:02,123 --> 02:15:05,123
ability to utilize cit dollars

4491
02:15:05,994 --> 02:15:06,261
for stadium financing, two

4492
02:15:06,261 --> 02:15:08,261
questions.

4493
02:15:11,700 --> 02:15:13,435
I know in the past there was

4494
02:15:13,435 --> 02:15:15,835
discussion about preventing a

4495
02:15:17,105 --> 02:15:17,572
cit from being able to be used

4496
02:15:17,572 --> 02:15:19,774
toward the ball park.

4497
02:15:19,774 --> 02:15:22,744
Was there a prohibition either

4498
02:15:22,744 --> 02:15:24,846
in the ordinance or in the

4499
02:15:24,846 --> 02:15:26,815
ballot language that prevents

4500
02:15:26,815 --> 02:15:27,315
cit stadium financing?

4501
02:15:27,315 --> 02:15:29,250
>> thank you.

4502
02:15:29,250 --> 02:15:31,520
I know this question was asked

4503
02:15:31,520 --> 02:15:32,755
previous in these conversations

4504
02:15:32,755 --> 02:15:35,557
and as a result of that

4505
02:15:35,557 --> 02:15:36,325
question, I obtained two

4506
02:15:36,325 --> 02:15:38,600
separate outside counsel

4507
02:15:38,600 --> 02:15:39,327
opinions on that particular

4508
02:15:39,327 --> 02:15:41,329
issue, as well as reviewed many

4509
02:15:41,329 --> 02:15:44,990
of the items myself as I was not

4510
02:15:44,990 --> 02:15:45,267
here at the time.

4511
02:15:45,267 --> 02:15:48,136
Based on the two legal opinions

4512
02:15:48,136 --> 02:15:50,438
and my review, there was no

4513
02:15:50,438 --> 02:15:52,838
prohibition specifically set for

4514
02:15:55,760 --> 02:15:55,911
in the ordinance, which adopted

4515
02:15:55,911 --> 02:15:57,346
the cit that went to referendum

4516
02:15:57,346 --> 02:15:59,281
on the use of the cit funds for

4517
02:15:59,281 --> 02:16:01,160
a professional sports, a new

4518
02:16:01,160 --> 02:16:02,918
professional sports facility.

4519
02:16:02,918 --> 02:16:05,754
I know that that conversation

4520
02:16:05,754 --> 02:16:07,990
was discussed, but it was never

4521
02:16:07,990 --> 02:16:09,900
implemented into that ordinance.

4522
02:16:09,900 --> 02:16:09,992
Therefore, it is my opinion

4523
02:16:09,992 --> 02:16:11,226
based upon all of the other

4524
02:16:11,226 --> 02:16:12,761
opinions that I've received that

4525
02:16:12,761 --> 02:16:15,730
we can proceed forward with this

4526
02:16:15,730 --> 02:16:17,566
deal under the auspices of using

4527
02:16:17,566 --> 02:16:17,766
cit for a new professional

4528
02:16:17,766 --> 02:16:19,167
sport.

4529
02:16:19,167 --> 02:16:21,637
>> and from time to time we hear

4530
02:16:21,637 --> 02:16:22,871
the term "voter intent."

4531
02:16:22,871 --> 02:16:24,372
did they look at that, too?

4532
02:16:24,372 --> 02:16:27,372
>> yes, the second opinion that

4533
02:16:28,770 --> 02:16:29,177
we received was from an election

4534
02:16:29,177 --> 02:16:32,177
law expert from carlton field

4535
02:16:32,247 --> 02:16:34,617
and indicated that the concept

4536
02:16:34,617 --> 02:16:37,486
of voter intent did not create

4537
02:16:37,486 --> 02:16:41,686
an issue as it related to the

4538
02:16:41,690 --> 02:16:42,858
use of funds.

4539
02:16:42,858 --> 02:16:44,727
>> ken hagan: the other issue

4540
02:16:44,727 --> 02:16:45,394
was my comments back in 2024 on

4541
02:16:45,394 --> 02:16:47,363
the cit.

4542
02:16:47,363 --> 02:16:49,665
For those of you that recall at

4543
02:16:49,665 --> 02:16:51,434
that time, the previous

4544
02:16:51,434 --> 02:16:53,102
ownership group had selected st.

4545
02:16:53,102 --> 02:16:55,203
Pete for their forever home.

4546
02:16:55,203 --> 02:16:56,972
So at that time, we all felt and

4547
02:16:56,972 --> 02:16:58,674
believed there would never be

4548
02:16:58,674 --> 02:16:59,208
another new stadium or bll park

4549
02:16:59,208 --> 02:17:01,208
in hillsborough county.

4550
02:17:01,610 --> 02:17:02,210
So that's the reason why I had

4551
02:17:02,210 --> 02:17:03,779
absolutely no problem saying

4552
02:17:03,779 --> 02:17:06,682
yeah, I don't have any issue

4553
02:17:06,682 --> 02:17:09,820
with prohibiting cit dollars

4554
02:17:09,485 --> 02:17:09,718
going toward a new ball park or

4555
02:17:09,718 --> 02:17:11,187
stadium.

4556
02:17:11,187 --> 02:17:13,289
Right or wrong, as we just heard

4557
02:17:13,289 --> 02:17:16,910
from the county attorney, that

4558
02:17:16,910 --> 02:17:17,893
provision was never included in

4559
02:17:17,893 --> 02:17:18,828
the ordinance or ballot language

4560
02:17:18,828 --> 02:17:20,462
and circumstances changed.

4561
02:17:20,462 --> 02:17:23,462
I wanted to address that.

4562
02:17:24,000 --> 02:17:24,733
I'll pass the gavel to the vice

4563
02:17:24,733 --> 02:17:26,200
chair and I want to make a

4564
02:17:26,200 --> 02:17:28,402
motion to approve the

4565
02:17:28,770 --> 02:17:30,770
development and funding

4566
02:17:31,700 --> 02:17:33,743
agreement, the guaranty and the

4567
02:17:33,743 --> 02:17:34,844
team non-relocation agreement in

4568
02:17:34,844 --> 02:17:36,879
substantial forms presented and

4569
02:17:36,879 --> 02:17:37,580
allow the county attorney to

4570
02:17:37,580 --> 02:17:39,682
conform all the documents,

4571
02:17:39,682 --> 02:17:42,682
including the city of tampa

4572
02:17:43,190 --> 02:17:45,355
approved documents and any --

4573
02:17:45,355 --> 02:17:45,654
and correct any scribner's

4574
02:17:45,654 --> 02:17:47,654
error.

4575
02:17:48,490 --> 02:17:49,691
I know currently regarding the

4576
02:17:49,691 --> 02:17:51,691
community benefits agreement

4577
02:17:52,461 --> 02:17:54,864
that it's I guess left blank,

4578
02:17:54,864 --> 02:17:57,167
there's been discussion I know

4579
02:17:57,167 --> 02:17:57,834
amongst staff, I know it's my

4580
02:17:57,834 --> 02:17:59,469
understanding that I believe

4581
02:17:59,469 --> 02:18:03,669
correct me if I'm wrong but over

4582
02:18:03,673 --> 02:18:04,941
in st. Pete that cba was $50

4583
02:18:04,941 --> 02:18:06,743
million in that timeframe.

4584
02:18:06,743 --> 02:18:09,446
I'll include in the motion that

4585
02:18:09,446 --> 02:18:11,846
the community benefits agreement

4586
02:18:14,284 --> 02:18:16,887
is $50 million and I guess it's

4587
02:18:16,887 --> 02:18:18,187
already included 65%, 65/35

4588
02:18:18,187 --> 02:18:19,956
split with the county getting

4589
02:18:19,956 --> 02:18:20,189
65, the city getting 35; is that

4590
02:18:20,189 --> 02:18:22,189
correct?

4591
02:18:22,192 --> 02:18:24,270
>> that is correct.

4592
02:18:24,270 --> 02:18:24,661
In fact, the city council

4593
02:18:24,661 --> 02:18:27,297
yesterday when they took their

4594
02:18:27,297 --> 02:18:30,897
action, part of their action was

4595
02:18:31,435 --> 02:18:32,969
to have county commission be the

4596
02:18:32,969 --> 02:18:36,569
final place within the body of

4597
02:18:38,374 --> 02:18:41,374
the document, the final number,

4598
02:18:42,450 --> 02:18:42,646
the final number for the

4599
02:18:42,646 --> 02:18:43,714
community benefits agreement

4600
02:18:43,714 --> 02:18:45,982
with that split being in place.

4601
02:18:45,982 --> 02:18:48,385
so that was left up to the

4602
02:18:48,385 --> 02:18:50,220
county commission to determine.

4603
02:18:50,220 --> 02:18:53,624
>> ken hagan: I know the actual

4604
02:18:53,624 --> 02:18:55,125
cba will come back to us very

4605
02:18:55,125 --> 02:18:58,996
soon, but I just want to include

4606
02:18:58,996 --> 02:19:02,596
that along with the motion that

4607
02:19:02,633 --> 02:19:05,680
there is an expectation of a

4608
02:19:05,680 --> 02:19:07,680
timing mechanism where

4609
02:19:07,370 --> 02:19:08,438
investments in meaningful

4610
02:19:08,438 --> 02:19:10,438
community benefits began

4611
02:19:11,750 --> 02:19:11,374
immediately and are not

4612
02:19:11,374 --> 02:19:13,374
back-loaded.

4613
02:19:13,810 --> 02:19:15,110
So that's my motion.

4614
02:19:15,110 --> 02:19:17,110
>> second.

4615
02:19:18,515 --> 02:19:19,983
>> ken hagan: pass the gavel to

4616
02:19:19,983 --> 02:19:20,617
the vice chair.

4617
02:19:20,617 --> 02:19:23,170
>> christine miller: thank you.

4618
02:19:25,990 --> 02:19:27,990
Commissioner cohen, you're

4619
02:19:30,493 --> 02:19:31,610
recognized.

4620
02:19:31,610 --> 02:19:31,262
>> harry cohen: thank you,

4621
02:19:31,262 --> 02:19:32,396
chair.

4622
02:19:32,396 --> 02:19:33,230
You managed to cover a lot of

4623
02:19:33,230 --> 02:19:35,165
very important points.

4624
02:19:35,165 --> 02:19:38,165
I've been relatively quiet about

4625
02:19:38,602 --> 02:19:40,404
this actually, and not spoken a

4626
02:19:40,404 --> 02:19:43,440
whole lot in public, because I

4627
02:19:43,440 --> 02:19:45,409
really have wanted to allow this

4628
02:19:45,409 --> 02:19:47,811
process to take its course, and

4629
02:19:47,811 --> 02:19:50,181
I really wanted to give the

4630
02:19:50,181 --> 02:19:52,581
county administrator and the

4631
02:19:53,284 --> 02:19:55,219
county attorney the maximum

4632
02:19:55,219 --> 02:19:57,619
leverage possible to negotiate

4633
02:19:57,622 --> 02:19:59,689
the best possible deal that they

4634
02:19:59,689 --> 02:19:59,957
could for the public and for the

4635
02:19:59,957 --> 02:20:01,957
taxpayers.

4636
02:20:03,327 --> 02:20:05,163
And when I voted for the

4637
02:20:05,163 --> 02:20:07,165
original mou, it was my hope,

4638
02:20:07,165 --> 02:20:08,266
and I've told this to them

4639
02:20:08,266 --> 02:20:10,801
privately and I've said this to

4640
02:20:10,801 --> 02:20:13,801
anyone that's asked me, it's

4641
02:20:13,838 --> 02:20:16,507
been my hope that they could

4642
02:20:16,507 --> 02:20:19,760
negotiate, knowing that at least

4643
02:20:19,760 --> 02:20:20,745
in my case, I didn't view this

4644
02:20:20,745 --> 02:20:23,814
as simply a question of whether

4645
02:20:23,814 --> 02:20:24,140
or not I wanted the rays to

4646
02:20:24,140 --> 02:20:26,140
stay.

4647
02:20:26,650 --> 02:20:28,786
I believed my responsibility has

4648
02:20:28,786 --> 02:20:29,320
been to determine whether

4649
02:20:29,320 --> 02:20:31,122
hillsborough county could

4650
02:20:31,122 --> 02:20:33,324
negotiate an agreement that

4651
02:20:33,324 --> 02:20:35,724
protected taxpayers and created

4652
02:20:36,694 --> 02:20:37,694
enough long-term public value to

4653
02:20:37,694 --> 02:20:39,130
justify the investment.

4654
02:20:39,130 --> 02:20:43,670
I made it very clear at the time

4655
02:20:43,670 --> 02:20:45,270
I voted for the mou and

4656
02:20:45,270 --> 02:20:46,604
privately with our negotiators

4657
02:20:46,604 --> 02:20:49,607
that I was not prepared to

4658
02:20:49,607 --> 02:20:51,643
support a deal at any price, but

4659
02:20:51,643 --> 02:20:53,100
that I would like to support a

4660
02:20:53,100 --> 02:20:55,800
deal if we could come to the

4661
02:20:55,800 --> 02:20:57,800
right conclusions.

4662
02:20:57,482 --> 02:20:59,384
I believe that the deal that has

4663
02:20:59,384 --> 02:21:01,686
been negotiated is markedly

4664
02:21:01,686 --> 02:21:04,188
better than the mou that we

4665
02:21:04,188 --> 02:21:06,424
voted on in MAY, and I want to

4666
02:21:06,424 --> 02:21:07,425
just say a couple of things in

4667
02:21:07,425 --> 02:21:10,425
particular that I think should

4668
02:21:10,929 --> 02:21:11,196
be reiterated and pointed out

4669
02:21:11,196 --> 02:21:13,196
again.

4670
02:21:13,431 --> 02:21:14,533
The first is the issue related

4671
02:21:14,533 --> 02:21:16,533
to the rent.

4672
02:21:16,801 --> 02:21:17,869
The rent was not a part of the

4673
02:21:17,869 --> 02:21:19,869
original discussion.

4674
02:21:21,239 --> 02:21:24,442
It is now targeted at $4 million

4675
02:21:24,442 --> 02:21:26,511
a year plus cpi increases, and

4676
02:21:26,511 --> 02:21:29,981
our staff is estimated over the

4677
02:21:29,981 --> 02:21:32,250
course of the 35 years $200

4678
02:21:32,250 --> 02:21:33,885
million coming back to the

4679
02:21:33,885 --> 02:21:34,152
county as a result of those rent

4680
02:21:34,152 --> 02:21:36,152
payments.

4681
02:21:38,924 --> 02:21:39,424
That is a substantial return on

4682
02:21:39,424 --> 02:21:41,424
our original investment.

4683
02:21:42,227 --> 02:21:43,694
The second piece of it that

4684
02:21:43,694 --> 02:21:46,940
commissioner hagan mentioned, of

4685
02:21:46,465 --> 02:21:47,666
course, is that the rays'

4686
02:21:47,666 --> 02:21:50,660
contribution has gone from 50%

4687
02:21:51,136 --> 02:21:52,471
of the project to 62% of the

4688
02:21:52,471 --> 02:21:54,106
project, a marked increase.

4689
02:21:54,106 --> 02:21:55,973
And then of course, the third

4690
02:21:55,973 --> 02:21:58,973
major change that ha occurred

4691
02:21:59,311 --> 02:22:01,790
in the deal, and much of this is

4692
02:22:01,790 --> 02:22:03,882
due to the work of commissioner

4693
02:22:03,882 --> 02:22:06,882
miller, is the $100 million that

4694
02:22:08,353 --> 02:22:10,540
the state D.O.T. Has targeted

4695
02:22:10,540 --> 02:22:10,589
for the lithia pinecrest

4696
02:22:10,589 --> 02:22:12,589
project.

4697
02:22:13,491 --> 02:22:14,860
The reason that's important is

4698
02:22:14,860 --> 02:22:16,929
because that project was

4699
02:22:16,929 --> 02:22:17,963
guaranteed to come out of the

4700
02:22:17,963 --> 02:22:19,963
cit dollars.

4701
02:22:22,835 --> 02:22:24,503
and our negotiators very deftly

4702
02:22:24,503 --> 02:22:26,872
have included in the contract a

4703
02:22:26,872 --> 02:22:27,873
provision that, if somehow the

4704
02:22:27,873 --> 02:22:29,741
state does not provide that

4705
02:22:29,741 --> 02:22:32,211
money, we are not obligated to

4706
02:22:32,211 --> 02:22:33,345
make the final payment of the

4707
02:22:33,345 --> 02:22:36,345
cit dollars to the rays.

4708
02:22:36,515 --> 02:22:40,715
So that is a net savings of $100

4709
02:22:41,487 --> 02:22:42,521
million right off the top.

4710
02:22:42,521 --> 02:22:44,656
Between the rent and that, yu

4711
02:22:44,656 --> 02:22:46,291
have a $300 million difference

4712
02:22:46,291 --> 02:22:48,360
between what we're voting on

4713
02:22:48,360 --> 02:22:51,960
today and what we discussed with

4714
02:22:54,990 --> 02:22:57,990
the mou back in MAY.

4715
02:22:58,700 --> 02:23:00,106
There are a lot of things about

4716
02:23:00,106 --> 02:23:02,675
this agreement that are good.

4717
02:23:02,675 --> 02:23:04,430
There are some that are going to

4718
02:23:04,430 --> 02:23:06,430
be challenging.

4719
02:23:06,780 --> 02:23:06,379
It is a public/private

4720
02:23:06,379 --> 02:23:08,281
partnership.

4721
02:23:08,281 --> 02:23:09,348
For those that say that they

4722
02:23:09,348 --> 02:23:10,316
don't want government doing

4723
02:23:10,316 --> 02:23:12,385
everything, that they want to

4724
02:23:12,385 --> 02:23:14,454
see us working together, this is

4725
02:23:14,454 --> 02:23:18,540
a great example of what can

4726
02:23:18,925 --> 02:23:19,859
happen when the public and the

4727
02:23:19,859 --> 02:23:20,393
private and an educational

4728
02:23:20,393 --> 02:23:22,362
institution come together.

4729
02:23:22,362 --> 02:23:24,296
I was on the tampa city council

4730
02:23:24,296 --> 02:23:25,431
when we did water street, and

4731
02:23:25,431 --> 02:23:27,800
even though water street is a

4732
02:23:27,800 --> 02:23:29,702
little smaller, there are a lot

4733
02:23:29,702 --> 02:23:29,969
of similarities between the two

4734
02:23:29,969 --> 02:23:31,271
projects.

4735
02:23:31,271 --> 02:23:34,271
The biggest being that it

4736
02:23:34,674 --> 02:23:37,740
involved a professional sports

4737
02:23:37,277 --> 02:23:38,811
team, an educational institution

4738
02:23:38,811 --> 02:23:41,114
and a vision of a work, live and

4739
02:23:41,114 --> 02:23:42,282
play environment anchored by

4740
02:23:42,282 --> 02:23:44,682
hotels and restaurants and

4741
02:23:44,717 --> 02:23:45,170
office buildings and

4742
02:23:45,170 --> 02:23:47,170
residential.

4743
02:23:47,153 --> 02:23:49,255
What we have seen develop in the

4744
02:23:49,255 --> 02:23:51,825
water street district is proof

4745
02:23:51,825 --> 02:23:53,326
positive that this community is

4746
02:23:53,326 --> 02:23:54,894
very enthusiastic about

4747
02:23:54,894 --> 02:23:55,228
embracing these types of

4748
02:23:55,228 --> 02:23:56,563
developments.

4749
02:23:56,563 --> 02:23:59,320
The last time I checked, you

4750
02:23:59,320 --> 02:24:00,500
can't get a dinner reservation

4751
02:24:00,500 --> 02:24:02,935
down there on a saturday night,

4752
02:24:02,935 --> 02:24:03,236
and midtown has been just as

4753
02:24:03,236 --> 02:24:05,105
successful.

4754
02:24:05,105 --> 02:24:06,906
So there's no reason to believe,

4755
02:24:06,906 --> 02:24:08,608
with the tremendous population

4756
02:24:08,608 --> 02:24:10,243
growth that we see in this

4757
02:24:10,243 --> 02:24:13,790
region, and the ability of so

4758
02:24:13,790 --> 02:24:13,713
many people to meet the

4759
02:24:13,713 --> 02:24:16,113
centralized location that we

4760
02:24:17,490 --> 02:24:19,252
can't hit a home run here as

4761
02:24:19,252 --> 02:24:21,121
well, provided that we all work

4762
02:24:21,121 --> 02:24:23,123
together to make it happen.

4763
02:24:23,123 --> 02:24:25,523
The community benefits agreement

4764
02:24:25,625 --> 02:24:26,892
is a really, really big,

4765
02:24:26,892 --> 02:24:29,292
important part of that.

4766
02:24:30,664 --> 02:24:33,467
If it's $50 million and the

4767
02:24:33,467 --> 02:24:35,768
county gets 65% of that, that

4768
02:24:35,768 --> 02:24:38,400
money can be put directly back

4769
02:24:38,400 --> 02:24:40,841
into some of the neighborhoods

4770
02:24:40,841 --> 02:24:41,475
surrounding the stadium district

4771
02:24:41,475 --> 02:24:42,643
for improvements that have been

4772
02:24:42,643 --> 02:24:45,212
needed for a long time.

4773
02:24:45,212 --> 02:24:45,879
And for people that are

4774
02:24:45,879 --> 02:24:48,879
skeptical about whether or not

4775
02:24:49,750 --> 02:24:51,117
we should be using cit, I can

4776
02:24:51,117 --> 02:24:54,870
understand why there is a need

4777
02:24:54,870 --> 02:24:56,156
and a desire to spend every

4778
02:24:56,156 --> 02:24:57,291
available dollar on roads and

4779
02:24:57,291 --> 02:24:58,225
fire stations and other

4780
02:24:58,225 --> 02:25:00,127
immediate needs.

4781
02:25:00,127 --> 02:25:01,194
These are very important

4782
02:25:01,194 --> 02:25:02,262
priorities and they're

4783
02:25:02,262 --> 02:25:04,431
priorities that I share.

4784
02:25:04,431 --> 02:25:07,431
The question before us, however,

4785
02:25:07,968 --> 02:25:09,169
is whether making a finite

4786
02:25:09,169 --> 02:25:11,169
investment today can

4787
02:25:11,705 --> 02:25:13,373
substantially expand the

4788
02:25:13,373 --> 02:25:15,309
county's economic and tax base

4789
02:25:15,309 --> 02:25:17,377
for decades to come without

4790
02:25:17,377 --> 02:25:17,777
compromising those essential

4791
02:25:17,777 --> 02:25:19,777
responsibilities.

4792
02:25:19,980 --> 02:25:21,749
The only way that we can fulfill

4793
02:25:21,749 --> 02:25:24,749
our responsibilities is to keep

4794
02:25:26,320 --> 02:25:27,487
our tax base up, and

4795
02:25:27,487 --> 02:25:29,887
commissioner bowls in our

4796
02:25:30,560 --> 02:25:32,126
previous meetings was able to

4797
02:25:32,126 --> 02:25:34,195
establish that the nine fire

4798
02:25:34,195 --> 02:25:35,895
stations that are currently

4799
02:25:35,895 --> 02:25:40,950
programmed to be paid for out of

4800
02:25:40,401 --> 02:25:41,969
the cit will not be affected by

4801
02:25:41,969 --> 02:25:43,969
this deal.

4802
02:25:44,538 --> 02:25:47,538
Privately, the thing that has

4803
02:25:48,174 --> 02:25:50,144
given me the most agita is the

4804
02:25:50,144 --> 02:25:51,345
prospect of the property tax

4805
02:25:51,345 --> 02:25:53,745
referendum passing in NOVEMBER.

4806
02:25:55,683 --> 02:25:57,718
When that originally came out

4807
02:25:57,718 --> 02:26:00,587
after we entered into the

4808
02:26:00,587 --> 02:26:04,187
non-binding mou, I sat here and

4809
02:26:05,226 --> 02:26:06,527
was very blunt about the fact

4810
02:26:06,527 --> 02:26:07,762
that the uncertainty about that

4811
02:26:07,762 --> 02:26:09,363
gave me a lot of pause.

4812
02:26:09,363 --> 02:26:10,465
I have been trying to work

4813
02:26:10,465 --> 02:26:11,332
through that issue for the last

4814
02:26:11,332 --> 02:26:12,499
couple of months.

4815
02:26:12,499 --> 02:26:14,235
People, if they have talked to

4816
02:26:14,235 --> 02:26:16,371
me privately, have definitely

4817
02:26:16,371 --> 02:26:19,440
found out that that's a huge

4818
02:26:19,440 --> 02:26:19,538
area of concern for me.

4819
02:26:19,538 --> 02:26:21,538
-

4820
02:26:22,577 --> 02:26:24,450
but here is the fact of the

4821
02:26:24,450 --> 02:26:26,450
property tax referendum.

4822
02:26:28,116 --> 02:26:30,417
If it passes, it is going to

4823
02:26:30,417 --> 02:26:32,887
force this community to look for

4824
02:26:32,887 --> 02:26:35,890
deals exactly like this one in

4825
02:26:35,890 --> 02:26:38,126
order to preserve our tax base.

4826
02:26:38,126 --> 02:26:39,427
The property tax referendum more

4827
02:26:39,427 --> 02:26:42,664
than anything else, it does have

4828
02:26:42,664 --> 02:26:43,631
a small effect on commercial,

4829
02:26:43,631 --> 02:26:47,268
but its major effect is going to

4830
02:26:47,268 --> 02:26:47,635
be on residentially homesteaded

4831
02:26:47,635 --> 02:26:49,635
properties.

4832
02:26:49,704 --> 02:26:51,639
This is exactly the kind of

4833
02:26:51,639 --> 02:26:53,708
project that we need in order to

4834
02:26:53,708 --> 02:26:56,177
mitigate that, and this project

4835
02:26:56,177 --> 02:26:58,577
has been specifically designed

4836
02:26:59,914 --> 02:27:02,150
so that, as you saw, almost

4837
02:27:02,150 --> 02:27:04,386
everything in it falls outside

4838
02:27:04,386 --> 02:27:06,654
of what is going to be affected

4839
02:27:06,654 --> 02:27:07,822
by that referendum.

4840
02:27:07,822 --> 02:27:11,422
There will be a small reduction

4841
02:27:11,493 --> 02:27:13,628
in what some of the commercial

4842
02:27:13,628 --> 02:27:17,228
tenants might way in taxes, but

4843
02:27:18,667 --> 02:27:21,690
the vast majority of this is

4844
02:27:21,690 --> 02:27:22,637
exactly the type of ad valorem

4845
02:27:22,637 --> 02:27:23,571
tax we need in order to keep our

4846
02:27:23,571 --> 02:27:25,571
tax base up.

4847
02:27:27,420 --> 02:27:27,441
It's a very, very critical point

4848
02:27:27,441 --> 02:27:29,441
about this.

4849
02:27:29,511 --> 02:27:31,790
There are also a lot of

4850
02:27:31,790 --> 02:27:32,213
ancillary benefits that aren't

4851
02:27:32,213 --> 02:27:34,115
even being taken into account.

4852
02:27:34,115 --> 02:27:36,840
We talked a little bit about

4853
02:27:36,840 --> 02:27:37,818
sales tax that will go both to

4854
02:27:37,818 --> 02:27:40,155
us locally and to the state.

4855
02:27:40,155 --> 02:27:40,922
We didn't really talk about the

4856
02:27:40,922 --> 02:27:43,891
additional bed taxes that will

4857
02:27:43,891 --> 02:27:45,327
be created by the hotels, but

4858
02:27:45,327 --> 02:27:47,996
there's also the rental car fees

4859
02:27:47,996 --> 02:27:52,196
that are going to be needed by

4860
02:27:52,267 --> 02:27:53,902
the airport to pay for the air

4861
02:27:53,902 --> 02:27:56,305
side d construction, which is

4862
02:27:56,305 --> 02:27:57,706
bonded based on rental car fees

4863
02:27:57,706 --> 02:28:00,106
and airline user fees.

4864
02:28:00,209 --> 02:28:01,677
So the proximity of this

4865
02:28:01,677 --> 02:28:03,278
development to the airport will

4866
02:28:03,278 --> 02:28:05,514
make a real difference on the

4867
02:28:05,514 --> 02:28:07,480
airport's bottom line, and the

4868
02:28:07,480 --> 02:28:10,480
airport does not get any

4869
02:28:13,540 --> 02:28:13,355
property taxes in order to

4870
02:28:13,355 --> 02:28:15,355
subsidize.

4871
02:28:18,627 --> 02:28:21,830
I want to finally talk for just

4872
02:28:21,830 --> 02:28:23,265
a moment about transit, because

4873
02:28:23,265 --> 02:28:25,200
commissioner hagan mentioned it,

4874
02:28:25,200 --> 02:28:26,669
but I think it's really

4875
02:28:26,669 --> 02:28:29,137
important to put something into

4876
02:28:29,137 --> 02:28:31,137
some perspective here.

4877
02:28:32,207 --> 02:28:34,900
We have had a lot of stops and

4878
02:28:34,900 --> 02:28:35,311
starts on transit proposals in

4879
02:28:35,311 --> 02:28:37,378
the last ten years in this

4880
02:28:37,378 --> 02:28:40,378
community, and people are very,

4881
02:28:43,818 --> 02:28:45,187
very tired and exhausted by the

4882
02:28:45,187 --> 02:28:45,955
roller coaster we have been on.

4883
02:28:45,955 --> 02:28:48,355
We offered transportation that

4884
02:28:49,125 --> 02:28:49,425
was thrown out by the supreme

4885
02:28:49,425 --> 02:28:50,793
court.

4886
02:28:50,793 --> 02:28:51,894
We had go hillsborough that

4887
02:28:51,894 --> 02:28:53,796
almost passed.

4888
02:28:53,796 --> 02:28:54,997
Last high speed rail in 2010.

4889
02:28:54,997 --> 02:28:56,432
At every point where we feel

4890
02:28:56,432 --> 02:28:58,601
like we're starting to get ahead

4891
02:28:58,601 --> 02:29:00,569
to address our congestion

4892
02:29:00,569 --> 02:29:00,903
issues, we have found ourselves

4893
02:29:00,903 --> 02:29:02,903
stymied.

4894
02:29:03,438 --> 02:29:05,975
I want to say to the transit

4895
02:29:05,975 --> 02:29:07,910
activists in this community,

4896
02:29:07,910 --> 02:29:08,377
this is the moment to restart

4897
02:29:08,377 --> 02:29:10,246
the conversation.

4898
02:29:10,246 --> 02:29:10,579
This isn't the end of the

4899
02:29:10,579 --> 02:29:12,579
conversation.

4900
02:29:13,483 --> 02:29:14,500
This is the beginning of the

4901
02:29:14,500 --> 02:29:16,500
conversation.

4902
02:29:16,486 --> 02:29:16,752
This development is right by the

4903
02:29:16,752 --> 02:29:18,752
airport.

4904
02:29:18,955 --> 02:29:20,623
The airport has built out a

4905
02:29:20,623 --> 02:29:24,223
people mover that is capable of

4906
02:29:24,660 --> 02:29:25,829
being extended.

4907
02:29:25,829 --> 02:29:28,829
Fdot owns property on cypress

4908
02:29:28,998 --> 02:29:30,998
that is

4909
02:29:31,601 --> 02:29:33,435
I-275 and the right-of-way and

4910
02:29:33,435 --> 02:29:34,704
it includes the newly

4911
02:29:34,704 --> 02:29:35,738
constructed howard frank lip

4912
02:29:35,738 --> 02:29:37,739
bridge that has a transit

4913
02:29:37,739 --> 02:29:39,241
envelope that is both provided

4914
02:29:39,241 --> 02:29:42,241
and strong enough to actually

4915
02:29:42,879 --> 02:29:46,479
handle whether it be rail or

4916
02:29:46,915 --> 02:29:47,750
direct buses or, look, we're a

4917
02:29:47,750 --> 02:29:48,484
point on the verge of

4918
02:29:48,484 --> 02:29:50,687
self-driving cars and the

4919
02:29:50,687 --> 02:29:51,870
airport's already looking at ev

4920
02:29:51,870 --> 02:29:53,870
toll technology.

4921
02:29:53,523 --> 02:29:53,957
The sky is literally the limit

4922
02:29:53,957 --> 02:29:55,725
on this.

4923
02:29:55,725 --> 02:29:59,950
But this development is going to

4924
02:29:59,950 --> 02:29:59,395
be the catalyst for the

4925
02:29:59,395 --> 02:30:01,395
discussion.

4926
02:30:01,831 --> 02:30:04,534
It is strategically placed in

4927
02:30:04,534 --> 02:30:06,870
such an area that it cannot help

4928
02:30:06,870 --> 02:30:09,372
but be the final piece that

4929
02:30:09,372 --> 02:30:12,372
unites the west shore district,

4930
02:30:13,760 --> 02:30:13,710
midtown, downtown, ebore city

4931
02:30:13,710 --> 02:30:14,244
and where brightline ultimately

4932
02:30:14,244 --> 02:30:16,244
come in.

4933
02:30:17,130 --> 02:30:17,681
It's a very, very exciting

4934
02:30:17,681 --> 02:30:20,810
prospect for the future.

4935
02:30:20,416 --> 02:30:22,752
It is my belief that, if this

4936
02:30:22,752 --> 02:30:25,200
proposal is voted down, you will

4937
02:30:25,200 --> 02:30:27,591
not see any sort of momentum

4938
02:30:27,591 --> 02:30:29,126
toward a transit solution in

4939
02:30:29,126 --> 02:30:32,126
this community any time soon.

4940
02:30:32,496 --> 02:30:33,430
If it's voted up, the

4941
02:30:33,430 --> 02:30:35,430
conversations start tomorrow.

4942
02:30:35,532 --> 02:30:37,932
The community benefit agreement

4943
02:30:38,368 --> 02:30:39,569
gives us an opportunity to talk

4944
02:30:39,569 --> 02:30:41,938
about drew park and west tampa

4945
02:30:41,938 --> 02:30:42,606
in a whole new way and put

4946
02:30:42,606 --> 02:30:43,506
resources into those

4947
02:30:43,506 --> 02:30:45,808
neighborhoods, and one of the

4948
02:30:45,808 --> 02:30:47,744
things I plan on doing is going

4949
02:30:47,744 --> 02:30:49,846
into the next mpo meeting and

4950
02:30:49,846 --> 02:30:52,820
making some motions to get some

4951
02:30:52,820 --> 02:30:54,184
of the planning started so that

4952
02:30:54,184 --> 02:30:55,752
we can actually look at what is

4953
02:30:55,752 --> 02:30:57,454
the best practice for dealing

4954
02:30:57,454 --> 02:30:57,687
with the area around the

4955
02:30:57,687 --> 02:30:59,687
stadium.

4956
02:30:59,890 --> 02:31:02,580
And I look forward, it's in my

4957
02:31:02,580 --> 02:31:02,859
district, of dealing with the

4958
02:31:02,859 --> 02:31:04,859
neighborhood and commercial

4959
02:31:04,862 --> 02:31:07,397
interests in the area to make

4960
02:31:07,397 --> 02:31:11,597
sure that we plan this in a

4961
02:31:12,236 --> 02:31:13,136
thoughtful, methodical and well

4962
02:31:13,136 --> 02:31:15,136
thought out way.

4963
02:31:15,272 --> 02:31:19,176
I want to end by talking about

4964
02:31:19,176 --> 02:31:19,575
some of the intangibles related

4965
02:31:19,575 --> 02:31:21,545
to this project.

4966
02:31:21,545 --> 02:31:22,713
Right now, the tampa bay rays

4967
02:31:22,713 --> 02:31:24,948
have the best record in baseball

4968
02:31:24,948 --> 02:31:26,830
or at least I know they do in

4969
02:31:26,830 --> 02:31:28,830
the american league.

4970
02:31:29,552 --> 02:31:33,123
We are 30 days or 30 games away,

4971
02:31:33,123 --> 02:31:35,392
I think from the playoffs.

4972
02:31:35,392 --> 02:31:36,327
Maybe, maybe we'll even go

4973
02:31:36,327 --> 02:31:38,327
beyond the playoffs.

4974
02:31:38,763 --> 02:31:41,165
Whether it happens this year or

4975
02:31:41,165 --> 02:31:42,466
it happens next year, I'm very

4976
02:31:42,466 --> 02:31:42,867
confident it will happen one

4977
02:31:42,867 --> 02:31:44,867
day.

4978
02:31:45,569 --> 02:31:46,971
We've shown that we can win

4979
02:31:46,971 --> 02:31:49,371
championships in this community,

4980
02:31:50,700 --> 02:31:52,409
and when we do, and the network

4981
02:31:52,409 --> 02:31:53,544
television cameras pan over

4982
02:31:53,544 --> 02:31:55,790
hillsborough county and they

4983
02:31:55,790 --> 02:31:58,482
look out over the sun setting

4984
02:31:58,482 --> 02:32:01,285
over the bay, and a worldwide

4985
02:32:01,285 --> 02:32:03,685
television audience sees this

4986
02:32:06,557 --> 02:32:07,858
community, you know what they'rethemselves?

4987
02:32:07,858 --> 02:32:08,959
That's the place I want to live.

4988
02:32:08,959 --> 02:32:09,393
That's the place I want to

4989
02:32:09,393 --> 02:32:10,928
visit.

4990
02:32:10,928 --> 02:32:11,228
That's the place I want to open

4991
02:32:11,228 --> 02:32:13,228
my business.

4992
02:32:14,866 --> 02:32:15,133
That's the place I want to raise

4993
02:32:15,133 --> 02:32:17,670
my family.

4994
02:32:17,670 --> 02:32:18,680
To commissioner hagan's earlier

4995
02:32:18,680 --> 02:32:19,237
point, this is our moment to

4996
02:32:19,237 --> 02:32:19,837
decide what kind of community we

4997
02:32:19,837 --> 02:32:21,606
want to be.

4998
02:32:21,606 --> 02:32:21,873
I want to be a number one

4999
02:32:21,873 --> 02:32:23,873
community.

5000
02:32:23,975 --> 02:32:24,241
I want to be a leading

5001
02:32:24,241 --> 02:32:26,241
community.

5002
02:32:26,411 --> 02:32:28,450
I want this to be a community

5003
02:32:28,450 --> 02:32:30,445
that has three professional

5004
02:32:30,981 --> 02:32:32,183
sports, because we are able to

5005
02:32:32,183 --> 02:32:36,383
exist in the top tier of cities

5006
02:32:36,887 --> 02:32:39,887
and counties in this country.

5007
02:32:39,957 --> 02:32:41,893
I finally want to just say a

5008
02:32:41,893 --> 02:32:44,162
word about a good friend of

5009
02:32:44,162 --> 02:32:46,130
mine, pat frank, who is a former

5010
02:32:46,130 --> 02:32:47,999
county commissioner, former

5011
02:32:47,999 --> 02:32:48,566
clerk of the court, former state

5012
02:32:48,566 --> 02:32:49,534
senator.

5013
02:32:49,534 --> 02:32:51,301
She's 96 years old.

5014
02:32:51,301 --> 02:32:53,705
She fell and she's in the

5015
02:32:53,705 --> 02:32:55,607
hospital and she's recovering,

5016
02:32:55,607 --> 02:32:56,340
and I haven't had a chance to

5017
02:32:56,340 --> 02:32:58,376
talk to her about this

5018
02:32:58,376 --> 02:32:59,844
particular issue, but she

5019
02:32:59,844 --> 02:33:01,246
follows things very avidly.

5020
02:33:01,246 --> 02:33:02,547
I've been reminded in getting

5021
02:33:02,547 --> 02:33:03,580
ready for these remarks about

5022
02:33:03,580 --> 02:33:06,151
something that she once said to

5023
02:33:06,151 --> 02:33:07,318
me, and I wanted to share it.

5024
02:33:07,318 --> 02:33:08,653
When she was on the board of

5025
02:33:08,653 --> 02:33:10,922
county commissioners, and I

5026
02:33:10,922 --> 02:33:12,724
believe she served with

5027
02:33:12,724 --> 02:33:14,226
commissioner hagan, she would

5028
02:33:14,226 --> 02:33:16,626
get annoyed sometimes because

5029
02:33:17,529 --> 02:33:19,631
people would confuse her with

5030
02:33:19,631 --> 02:33:21,533
commissioner jan platt, and she

5031
02:33:21,533 --> 02:33:24,135
didn't get annoyed because she

5032
02:33:24,135 --> 02:33:25,871
didn't like jan platt.

5033
02:33:25,871 --> 02:33:27,720
She got annoyed because jan

5034
02:33:27,720 --> 02:33:29,720
platt's nickname was

5035
02:33:29,540 --> 02:33:31,540
"commissioner no."

5036
02:33:31,810 --> 02:33:32,777
and pat told me she didn't like

5037
02:33:32,777 --> 02:33:35,247
being confused with someone that

5038
02:33:35,247 --> 02:33:37,247
was "commissioner no."

5039
02:33:37,716 --> 02:33:40,318
because sometimes, most of the

5040
02:33:40,318 --> 02:33:41,119
time the courageous vote is the

5041
02:33:41,119 --> 02:33:43,119
"yes" vote.

5042
02:33:43,655 --> 02:33:45,390
And today, I believe that the

5043
02:33:45,390 --> 02:33:46,925
courageous vote is the "yes"

5044
02:33:46,925 --> 02:33:47,326
vote but I also think it's the

5045
02:33:47,326 --> 02:33:49,326
right vote.

5046
02:33:50,228 --> 02:33:52,230
Because I think it's the vote

5047
02:33:52,230 --> 02:33:53,765
that believes in the future of

5048
02:33:53,765 --> 02:33:56,201
this community, in the future of

5049
02:33:56,201 --> 02:33:58,302
this region, in the future of

5050
02:33:58,302 --> 02:33:58,804
this county, and in all of our

5051
02:33:58,804 --> 02:34:00,804
collective future.

5052
02:34:01,874 --> 02:34:02,207
So that's where I am on the

5053
02:34:02,207 --> 02:34:03,241
issue.

5054
02:34:03,241 --> 02:34:04,643
Thank you.

5055
02:34:04,643 --> 02:34:04,809
>> christine miller: thank you,

5056
02:34:04,809 --> 02:34:06,809
sir.

5057
02:34:10,249 --> 02:34:12,251
Next in the queue is

5058
02:34:12,251 --> 02:34:13,520
commissioner cameron cepeda,

5059
02:34:13,520 --> 02:34:15,520
you're recognized.

5060
02:34:15,420 --> 02:34:16,550
There it is.

5061
02:34:16,550 --> 02:34:16,255
>> donna cameron cepeda: thank

5062
02:34:16,255 --> 02:34:18,222
you.

5063
02:34:18,222 --> 02:34:20,391
So I'm a county-wide

5064
02:34:20,391 --> 02:34:21,160
commissioner and I've been all

5065
02:34:21,160 --> 02:34:23,160
over this county.

5066
02:34:23,228 --> 02:34:24,229
We are one of the largest

5067
02:34:24,229 --> 02:34:26,629
counties in the nation.

5068
02:34:26,831 --> 02:34:29,335
We're actually about the size of

5069
02:34:29,335 --> 02:34:30,402
11 states I believe, and the

5070
02:34:30,402 --> 02:34:33,402
super majority of the people

5071
02:34:33,738 --> 02:34:35,740
that I have talked to have said,

5072
02:34:35,740 --> 02:34:37,910
yes, they love baseball, but

5073
02:34:37,910 --> 02:34:40,112
they just do not want to pay for

5074
02:34:40,112 --> 02:34:42,948
a stadium, and that is really

5075
02:34:42,948 --> 02:34:45,351
what I have heard all over this

5076
02:34:45,351 --> 02:34:46,518
county, and again, I said super

5077
02:34:46,518 --> 02:34:48,287
majority.

5078
02:34:48,287 --> 02:34:50,288
There are a few but super

5079
02:34:50,288 --> 02:34:53,292
majority actually do not want to

5080
02:34:53,292 --> 02:34:55,692
pay for this stadium.

5081
02:34:56,162 --> 02:34:59,498
And also, there was mention of

5082
02:34:59,498 --> 02:35:02,335
the cit tax renewal in 2024.

5083
02:35:02,335 --> 02:35:02,735
There was no mention of the

5084
02:35:02,735 --> 02:35:04,735
community stadium.

5085
02:35:05,504 --> 02:35:09,104
So I believe when the taxpayers

5086
02:35:09,641 --> 02:35:11,777
went, when they voted for that,

5087
02:35:11,777 --> 02:35:13,813
because there was no mention of

5088
02:35:13,813 --> 02:35:14,379
it, it wasn't there.

5089
02:35:14,379 --> 02:35:17,216
I don't believe they really

5090
02:35:17,216 --> 02:35:20,816
believed they were going to be

5091
02:35:21,587 --> 02:35:21,988
using those funds to build a

5092
02:35:21,988 --> 02:35:23,988
stadium.

5093
02:35:25,391 --> 02:35:26,992
And also, so that cit money,

5094
02:35:26,992 --> 02:35:29,280
there are so many projects that

5095
02:35:29,280 --> 02:35:32,131
we need done right now that

5096
02:35:32,131 --> 02:35:33,266
there's a long list of that I

5097
02:35:33,266 --> 02:35:36,402
know from my office and being

5098
02:35:36,402 --> 02:35:38,710
all over this county that we're

5099
02:35:38,710 --> 02:35:41,507
working very hard to get those

5100
02:35:41,507 --> 02:35:42,708
roads fixed, get our

5101
02:35:42,708 --> 02:35:44,977
infrastructure, roads paved, not

5102
02:35:44,977 --> 02:35:47,790
only just potholes but getting

5103
02:35:47,790 --> 02:35:48,314
roads paved and so many other

5104
02:35:48,314 --> 02:35:50,714
things in our infrastructure.

5105
02:35:52,385 --> 02:35:55,155
And to use this cit money for

5106
02:35:55,155 --> 02:35:56,923
this I believe is wrong.

5107
02:35:56,923 --> 02:35:58,391
I don't believe the taxpayers

5108
02:35:58,391 --> 02:36:00,927
meant when they voted for it to

5109
02:36:00,927 --> 02:36:03,530
be used for this, and alo this

5110
02:36:03,530 --> 02:36:05,498
would mean that many of these

5111
02:36:05,498 --> 02:36:07,400
hard-working families would have

5112
02:36:07,400 --> 02:36:09,803
to, they're going through so

5113
02:36:09,803 --> 02:36:12,338
many things right now so for

5114
02:36:12,338 --> 02:36:14,738
example, their streets are

5115
02:36:14,940 --> 02:36:18,211
flooding, and to use this money

5116
02:36:18,211 --> 02:36:21,147
for a stadium would mean these

5117
02:36:21,147 --> 02:36:24,684
projects would be moved down the

5118
02:36:24,684 --> 02:36:25,318
list and then to have to tell

5119
02:36:25,318 --> 02:36:26,418
the families waiting and asking

5120
02:36:26,418 --> 02:36:28,488
where are they on the list to

5121
02:36:28,488 --> 02:36:31,488
get these roads fixed, the

5122
02:36:34,428 --> 02:36:38,280
project trains to stop the are

5123
02:36:44,838 --> 02:36:47,238
flooding anding will reserves,

5124
02:36:48,208 --> 02:36:50,208
$10. 3 million, is extremely

5125
02:36:50,610 --> 02:36:52,679
irresponsible and the fact we're

5126
02:36:52,679 --> 02:36:53,680
using disaster recovery money,

5127
02:36:53,680 --> 02:36:55,150
we know that we live in a

5128
02:36:55,150 --> 02:36:58,150
hurricane zone and we're talking

5129
02:37:01,788 --> 02:37:04,725
about using our reserves to

5130
02:37:04,725 --> 02:37:07,725
build a stadium an entertainment

5131
02:37:08,228 --> 02:37:09,396
business is just unbelievable,

5132
02:37:09,396 --> 02:37:11,197
that this, we're even discussing

5133
02:37:11,197 --> 02:37:11,398
this to use our reserves for

5134
02:37:11,398 --> 02:37:13,398
this.

5135
02:37:13,867 --> 02:37:15,369
When we know we live in a

5136
02:37:15,369 --> 02:37:16,637
hurricane zone and GOD forbid,

5137
02:37:16,637 --> 02:37:20,400
we had more than one emergency

5138
02:37:20,400 --> 02:37:23,844
come up at one time, and we know

5139
02:37:23,844 --> 02:37:26,790
what it took before, you know,

5140
02:37:26,790 --> 02:37:27,481
to take care of the disaster

5141
02:37:27,481 --> 02:37:30,481
that happened here before during

5142
02:37:30,817 --> 02:37:32,185
the hurricane, and so you know,

5143
02:37:32,185 --> 02:37:35,289
there's such a long list of

5144
02:37:35,289 --> 02:37:37,324
things I could keep going on

5145
02:37:37,324 --> 02:37:39,259
about, also for example,

5146
02:37:39,259 --> 02:37:40,494
borrowing money to build, also

5147
02:37:40,494 --> 02:37:42,494
is a irresponsible.

5148
02:37:44,398 --> 02:37:46,100
I know we're talking about the

5149
02:37:46,100 --> 02:37:48,301
bond rating a lot and making

5150
02:37:48,301 --> 02:37:48,501
sure we keep a good rating for

5151
02:37:48,501 --> 02:37:50,103
that.

5152
02:37:50,103 --> 02:37:50,503
So there's just so many

5153
02:37:50,503 --> 02:37:52,503
different things.

5154
02:37:53,574 --> 02:37:55,341
You know, I could keep going on

5155
02:37:55,341 --> 02:37:57,377
about, but this money is not

5156
02:37:57,377 --> 02:38:00,810
just about taking from a

5157
02:38:00,810 --> 02:38:01,282
department or this department or

5158
02:38:01,282 --> 02:38:03,783
a budget and just numbers.

5159
02:38:03,783 --> 02:38:04,985
This is about the people of

5160
02:38:04,985 --> 02:38:05,319
hillsborough county and their

5161
02:38:05,319 --> 02:38:07,319
money.

5162
02:38:10,910 --> 02:38:12,491
It's their hard-earned taxpayer

5163
02:38:12,993 --> 02:38:15,696
dollars that is being used here.

5164
02:38:15,696 --> 02:38:17,298
And so I believe this would be

5165
02:38:17,298 --> 02:38:20,298
very irresponsible to vote yes

5166
02:38:21,636 --> 02:38:23,371
on this, to approve this project

5167
02:38:23,371 --> 02:38:25,771
and again, everybody, most

5168
02:38:26,740 --> 02:38:29,740
people love baseball, but they

5169
02:38:29,711 --> 02:38:31,312
just do not want to spend their

5170
02:38:31,312 --> 02:38:33,712
hard-earned taxpayer dollars on

5171
02:38:35,616 --> 02:38:36,117
building a stadium.

5172
02:38:36,117 --> 02:38:36,583
Thank you.

5173
02:38:36,583 --> 02:38:38,583
>> christine miller:

5174
02:38:38,585 --> 02:38:40,287
commissioner myers, you're

5175
02:38:40,287 --> 02:38:41,122
recognized.

5176
02:38:41,122 --> 02:38:41,322
>> gwen myers: thank you, MADAM

5177
02:38:41,322 --> 02:38:43,322
Chair.

5178
02:38:44,492 --> 02:38:46,927
Today is about closing the deal.

5179
02:38:46,927 --> 02:38:49,631
In baseball, the seventh inning,

5180
02:38:49,631 --> 02:38:50,197
the manager brings in the

5181
02:38:50,197 --> 02:38:52,197
closer.

5182
02:38:54,235 --> 02:38:56,137
And our closer is bonnie wise

5183
02:38:56,137 --> 02:38:58,205
and julia mandel, but in

5184
02:38:58,205 --> 02:38:59,540
baseball, it's only one, that's

5185
02:38:59,540 --> 02:39:01,940
to save the game.

5186
02:39:05,313 --> 02:39:06,314
And you all have saved this

5187
02:39:06,314 --> 02:39:08,516
county by allowing yourselves

5188
02:39:08,516 --> 02:39:09,650
and to give up your time to

5189
02:39:09,650 --> 02:39:11,650
negotiate, seriously to

5190
02:39:13,854 --> 02:39:16,791
negotiate, to bring us a deal.

5191
02:39:16,791 --> 02:39:19,461
And to you, MR. Chair, I'll talk

5192
02:39:19,461 --> 02:39:21,496
to you end up saying from the

5193
02:39:21,496 --> 02:39:22,163
late great sam cook, a change is

5194
02:39:22,163 --> 02:39:23,365
going to come.

5195
02:39:23,365 --> 02:39:24,733
So you worry about what you were

5196
02:39:24,733 --> 02:39:26,802
going to say, but that would

5197
02:39:26,802 --> 02:39:27,350
have been the most appropriate

5198
02:39:27,350 --> 02:39:29,350
to say.

5199
02:39:31,720 --> 02:39:31,239
You still can say that at the

5200
02:39:31,239 --> 02:39:33,239
end.

5201
02:39:36,440 --> 02:39:39,810
but I want us to be clear, that

5202
02:39:39,810 --> 02:39:40,682
our county administrator and our

5203
02:39:40,682 --> 02:39:42,551
county attorney, they gather

5204
02:39:42,551 --> 02:39:44,319
themselves around a team, and

5205
02:39:44,319 --> 02:39:46,588
they sent everyone out to the

5206
02:39:46,588 --> 02:39:49,591
bases, and into the infield to

5207
02:39:49,591 --> 02:39:51,826
make this deal work for us.

5208
02:39:51,826 --> 02:39:53,928
I'm honored and pleased, and

5209
02:39:53,928 --> 02:39:56,465
bonnie, I've told you and julia

5210
02:39:56,465 --> 02:39:57,900
both, I thank you all for what

5211
02:39:57,900 --> 02:39:59,434
you all have done, the

5212
02:39:59,434 --> 02:40:02,537
sacrifices you all have made to

5213
02:40:02,537 --> 02:40:05,306
get us to this point.

5214
02:40:05,306 --> 02:40:07,306
We compromised.

5215
02:40:07,643 --> 02:40:08,177
Ken I know you walked back in

5216
02:40:08,177 --> 02:40:09,377
the room, you didn't get

5217
02:40:09,377 --> 02:40:12,377
everything you wanted, and you

5218
02:40:12,681 --> 02:40:14,449
can smile, but you got to move

5219
02:40:14,449 --> 02:40:17,449
forward when we vote today.

5220
02:40:18,253 --> 02:40:19,454
You can take a seat now.

5221
02:40:19,454 --> 02:40:21,454
[Laughter]

5222
02:40:23,926 --> 02:40:24,493
Okay, but this is what

5223
02:40:24,493 --> 02:40:26,893
collaboration is all about.

5224
02:40:29,231 --> 02:40:32,500
I'm born, raised in west tampa,

5225
02:40:32,500 --> 02:40:34,900
ride through drew park.

5226
02:40:35,504 --> 02:40:36,905
I remember when 8cc was first

5227
02:40:36,905 --> 02:40:39,305
built on the campus.

5228
02:40:39,975 --> 02:40:40,141
DR. Atwater, stand, come to the

5229
02:40:40,141 --> 02:40:41,443
mic.

5230
02:40:41,443 --> 02:40:43,212
You've been giving your three

5231
02:40:43,212 --> 02:40:44,546
closing statements all over the

5232
02:40:44,546 --> 02:40:44,814
news and the city, city hall

5233
02:40:44,814 --> 02:40:46,814
yesterday.

5234
02:40:47,516 --> 02:40:51,520
I want you to share with our

5235
02:40:51,520 --> 02:40:52,121
constituents what you shared

5236
02:40:52,121 --> 02:40:53,322
with them yesterday the three

5237
02:40:53,322 --> 02:40:53,856
main points much why you're on

5238
02:40:53,856 --> 02:40:55,856
board with this.

5239
02:40:56,258 --> 02:40:57,126
>> first of all, ken atwater,

5240
02:40:57,126 --> 02:40:57,625
PRESIDENT Of hillsborough

5241
02:40:57,625 --> 02:40:58,426
college.

5242
02:40:58,426 --> 02:41:00,826
I've said this before.

5243
02:41:00,896 --> 02:41:01,931
It is a generational opportunity

5244
02:41:01,931 --> 02:41:03,931
for the college.

5245
02:41:03,966 --> 02:41:06,100
I talked about three buckets

5246
02:41:06,100 --> 02:41:08,204
that really are important to us.

5247
02:41:08,204 --> 02:41:10,390
First and foremost, facility

5248
02:41:10,390 --> 02:41:12,700
improvement is off the chart.

5249
02:41:12,700 --> 02:41:13,809
I don't know how to describe it.

5250
02:41:13,809 --> 02:41:16,712
Even while I was talking

5251
02:41:16,712 --> 02:41:20,312
yesterday, we got a report from

5252
02:41:24,754 --> 02:41:25,555
our PRESIDENT At del maybry our

5253
02:41:25,555 --> 02:41:27,955
elevator wasn't working again.

5254
02:41:28,324 --> 02:41:28,558
We just spent $400,000 to fix

5255
02:41:28,558 --> 02:41:30,393
it.

5256
02:41:30,393 --> 02:41:32,950
The next thing we focused on was

5257
02:41:32,950 --> 02:41:34,950
workforce development, the

5258
02:41:34,430 --> 02:41:35,497
opportunity for enhancement of

5259
02:41:35,497 --> 02:41:36,699
improving our workforce

5260
02:41:36,699 --> 02:41:38,167
development effort is going to

5261
02:41:38,167 --> 02:41:40,102
be tremendous with this

5262
02:41:40,102 --> 02:41:40,902
partnership, and the last bucket

5263
02:41:40,902 --> 02:41:42,405
is partnership.

5264
02:41:42,405 --> 02:41:44,574
We focus on community.

5265
02:41:44,574 --> 02:41:47,142
We had community in our name so

5266
02:41:47,142 --> 02:41:47,377
long, and we just recently

5267
02:41:47,377 --> 02:41:49,312
changed.

5268
02:41:49,312 --> 02:41:52,312
The rays have really, really

5269
02:41:52,448 --> 02:41:53,160
shown to us that they are

5270
02:41:53,160 --> 02:41:55,416
investing in this community.

5271
02:41:56,552 --> 02:41:57,754
And I said that we are a

5272
02:41:57,754 --> 02:41:59,550
community focused and being

5273
02:41:59,550 --> 02:42:00,857
community focused with a

5274
02:42:00,857 --> 02:42:01,591
community investment, what

5275
02:42:01,591 --> 02:42:01,824
greater partnership could you

5276
02:42:01,824 --> 02:42:03,824
ask for?

5277
02:42:06,262 --> 02:42:06,596
Those are the three buckets I

5278
02:42:06,596 --> 02:42:06,862
talked about.

5279
02:42:06,862 --> 02:42:07,396
Thank you.

5280
02:42:07,396 --> 02:42:08,465
>> gwen myers: thank you.

5281
02:42:08,465 --> 02:42:10,433
I'll ask my friend bob, will you

5282
02:42:10,433 --> 02:42:12,836
come back to the mic?

5283
02:42:12,836 --> 02:42:16,436
You got to speed up, bob.

5284
02:42:17,507 --> 02:42:19,750
You're walking slow.

5285
02:42:19,750 --> 02:42:19,709
I don't want the chair to be

5286
02:42:19,709 --> 02:42:21,709
looking at me.

5287
02:42:22,450 --> 02:42:23,179
Come on, bob.

5288
02:42:23,179 --> 02:42:25,179
Speed up.

5289
02:42:27,250 --> 02:42:28,752
Could you repeat to us again of

5290
02:42:28,752 --> 02:42:29,185
your concerns regarding visit

5291
02:42:29,185 --> 02:42:29,585
tampa bay?

5292
02:42:29,585 --> 02:42:31,585
Thank you.

5293
02:42:32,210 --> 02:42:34,210
>> bob morrison, representing

5294
02:42:34,570 --> 02:42:35,392
hillsborough county hotel and

5295
02:42:35,392 --> 02:42:37,392
lodging association.

5296
02:42:37,460 --> 02:42:40,931
Our concern is that visit tampa

5297
02:42:40,931 --> 02:42:43,166
bay is the engine that drives

5298
02:42:43,166 --> 02:42:46,603
the revenue, that allows us to

5299
02:42:46,603 --> 02:42:48,704
be able to have a tourist

5300
02:42:48,704 --> 02:42:50,340
development tax fund.

5301
02:42:50,340 --> 02:42:52,376
our belief is that, working with

5302
02:42:52,376 --> 02:42:54,978
staff and with the rays, we

5303
02:42:54,978 --> 02:42:56,880
believe we're going to be able

5304
02:42:56,880 --> 02:42:59,950
to ensure that visit tampa bay

5305
02:42:59,950 --> 02:43:01,618
is positioned to be able to do

5306
02:43:01,618 --> 02:43:03,987
the job it needs to be able to

5307
02:43:03,987 --> 02:43:06,987
deliver the resources and the

5308
02:43:07,423 --> 02:43:08,292
dollars that needed to tell the

5309
02:43:08,292 --> 02:43:09,920
story of this destination.

5310
02:43:09,920 --> 02:43:09,347
>> gwen myers: thank you so

5311
02:43:09,347 --> 02:43:11,227
much.

5312
02:43:11,227 --> 02:43:11,427
Did we all get that, bonnie,

5313
02:43:11,427 --> 02:43:13,197
julia?

5314
02:43:13,197 --> 02:43:13,964
Did you get that, bonnie?

5315
02:43:13,964 --> 02:43:15,964
We have it.

5316
02:43:16,133 --> 02:43:18,836
And the reason I wanted bob to

5317
02:43:18,836 --> 02:43:21,504
come back up is because visit

5318
02:43:21,504 --> 02:43:22,639
tampa bay does so much here in

5319
02:43:22,639 --> 02:43:25,639
marketing, in bringing so much

5320
02:43:25,642 --> 02:43:27,244
here to our county, in our

5321
02:43:27,244 --> 02:43:29,613
tourist development tax that

5322
02:43:29,613 --> 02:43:33,150
every time we have something, I

5323
02:43:33,150 --> 02:43:35,419
mean the last two years it's

5324
02:43:35,419 --> 02:43:37,354
been overflowing with so many

5325
02:43:37,354 --> 02:43:37,888
visitors here and great part of

5326
02:43:37,888 --> 02:43:39,523
what visit tampa bay does.

5327
02:43:39,523 --> 02:43:41,959
I want to make sure as a

5328
02:43:41,959 --> 02:43:42,860
commissioner that we take care

5329
02:43:42,860 --> 02:43:44,828
of them to make sure there are

5330
02:43:44,828 --> 02:43:45,963
no layoffs, et cetera, with

5331
02:43:45,963 --> 02:43:46,964
visit tampa bay.

5332
02:43:46,964 --> 02:43:48,165
Did you get that?

5333
02:43:48,165 --> 02:43:50,670
I saw you nodding yur head.

5334
02:43:50,670 --> 02:43:50,334
You got it and I know ken heard

5335
02:43:50,334 --> 02:43:52,334
it.

5336
02:43:53,437 --> 02:43:56,640
But when we think of the

5337
02:43:56,640 --> 02:43:58,209
economic impact that the rays

5338
02:43:58,209 --> 02:43:58,476
will bring here, we won't see it

5339
02:43:58,476 --> 02:44:00,476
tomorrow.

5340
02:44:01,712 --> 02:44:04,314
We won't see it in the next five

5341
02:44:04,314 --> 02:44:06,884
years, but ten and beyond, we

5342
02:44:06,884 --> 02:44:09,620
will be so ever grateful of

5343
02:44:09,620 --> 02:44:11,756
having the rays' baseball team

5344
02:44:11,756 --> 02:44:13,756
here in tampa.

5345
02:44:14,325 --> 02:44:17,325
And just yesterday, my mother

5346
02:44:17,928 --> 02:44:18,863
turned 101 years old.

5347
02:44:18,863 --> 02:44:20,863
Thank you all.

5348
02:44:21,933 --> 02:44:24,168
But the point I was telling her,

5349
02:44:24,168 --> 02:44:26,300
"mom, I have a 9:00 -- " she

5350
02:44:26,300 --> 02:44:28,873
said, "are you off tomorrow?"

5351
02:44:28,873 --> 02:44:29,807
i said no, the chair called a

5352
02:44:29,807 --> 02:44:31,807
special meeting friday.

5353
02:44:32,176 --> 02:44:32,377
I'm going to talk about the

5354
02:44:32,377 --> 02:44:33,100
rays.

5355
02:44:33,100 --> 02:44:35,790
We have to talk about the rays.

5356
02:44:35,790 --> 02:44:36,447
And she said to me, "you know I

5357
02:44:36,447 --> 02:44:40,470
watch them every time they come

5358
02:44:40,918 --> 02:44:42,520
on, so I hope you all be talking

5359
02:44:42,520 --> 02:44:43,554
about me still watching them."

5360
02:44:43,554 --> 02:44:46,424
I don't know wht that meant to

5361
02:44:46,424 --> 02:44:46,657
her, but I got what she was

5362
02:44:46,657 --> 02:44:48,657
saying.

5363
02:44:49,994 --> 02:44:53,594
And so with that being said,

5364
02:44:54,966 --> 02:44:56,935
this is the opportunity for this

5365
02:44:56,935 --> 02:44:58,436
community, this community when

5366
02:44:58,436 --> 02:45:01,239
we think of the community

5367
02:45:01,239 --> 02:45:03,808
benefits that the rays would

5368
02:45:03,808 --> 02:45:06,177
bring, and I talked to ken

5369
02:45:06,177 --> 02:45:08,345
babby, and we went out to the

5370
02:45:08,345 --> 02:45:10,810
community and held two community

5371
02:45:10,810 --> 02:45:11,916
meetings, and we made some

5372
02:45:11,916 --> 02:45:14,318
promises, and some promises we

5373
02:45:14,318 --> 02:45:16,587
were not able to keep, when it

5374
02:45:16,587 --> 02:45:18,560
comes to affordable housing, but

5375
02:45:18,560 --> 02:45:20,358
he shared with me, commissioner,

5376
02:45:20,358 --> 02:45:22,326
we're going to build affordable

5377
02:45:22,326 --> 02:45:23,161
housing throughout the city and

5378
02:45:23,161 --> 02:45:25,161
the county.

5379
02:45:27,332 --> 02:45:28,567
And we look at 60% to 80% of the

5380
02:45:28,567 --> 02:45:30,967
ami, area median income.

5381
02:45:33,271 --> 02:45:35,207
That is going to help so many

5382
02:45:35,207 --> 02:45:38,207
people who wants the same

5383
02:45:40,450 --> 02:45:42,247
opportunities that I have today,

5384
02:45:42,247 --> 02:45:44,115
is to own american dream, the

5385
02:45:44,115 --> 02:45:45,450
largest asset you can own, to

5386
02:45:45,450 --> 02:45:47,450
become a homeowner.

5387
02:45:47,618 --> 02:45:47,819
Then we talked about all these

5388
02:45:47,819 --> 02:45:49,540
jobs.

5389
02:45:49,540 --> 02:45:50,856
And as I tell the people in

5390
02:45:50,856 --> 02:45:52,857
district three, you're always

5391
02:45:52,857 --> 02:45:53,992
talking about jobs and

5392
02:45:53,992 --> 02:45:55,992
affordable housing.

5393
02:45:56,294 --> 02:45:57,930
This is the opportunity to make

5394
02:45:57,930 --> 02:46:01,530
it happen is with the rays.

5395
02:46:03,602 --> 02:46:04,635
We're not going to get another

5396
02:46:04,635 --> 02:46:06,805
opportunity of what the rays are

5397
02:46:06,805 --> 02:46:07,439
offering us, but today it's a

5398
02:46:07,439 --> 02:46:09,439
"yes" opportunity.

5399
02:46:12,744 --> 02:46:14,746
And I'm thankful that the rays

5400
02:46:14,746 --> 02:46:18,346
stopped here and decided to come

5401
02:46:18,417 --> 02:46:20,719
across the bay, here in tampa.

5402
02:46:20,719 --> 02:46:21,320
Even to consider coming across

5403
02:46:21,320 --> 02:46:23,320
the bay.

5404
02:46:24,523 --> 02:46:26,158
So the city voted yesterday, and

5405
02:46:26,158 --> 02:46:28,694
I know they all are tuning in to

5406
02:46:28,694 --> 02:46:30,763
see how we're going to vote and

5407
02:46:30,763 --> 02:46:31,290
I'm ready to vote and I end my

5408
02:46:31,290 --> 02:46:31,497
comments.

5409
02:46:31,497 --> 02:46:32,264
Thank you.

5410
02:46:32,264 --> 02:46:32,664
>> christine miller: thank you

5411
02:46:32,664 --> 02:46:34,664
for your comments.

5412
02:46:39,137 --> 02:46:40,138
Next in the queue is

5413
02:46:40,138 --> 02:46:41,407
commissioner wostal.

5414
02:46:41,407 --> 02:46:42,575
>> joshua wostal: thank you, I

5415
02:46:42,575 --> 02:46:46,312
had a question about a few of

5416
02:46:46,312 --> 02:46:46,579
the financials I wanted you to

5417
02:46:46,579 --> 02:46:48,579
confirm.

5418
02:46:48,614 --> 02:46:49,381
If hct have, to pull up the

5419
02:46:49,381 --> 02:46:51,781
image I provided them.

5420
02:46:54,320 --> 02:46:57,320
The $360 million of cit funds

5421
02:46:57,957 --> 02:47:00,693
can be used for general new

5422
02:47:00,693 --> 02:47:00,926
infrastructure improvements,

5423
02:47:00,926 --> 02:47:01,660
correct?

5424
02:47:01,660 --> 02:47:03,660
>> yes.

5425
02:47:03,963 --> 02:47:05,364
>> joshua wostal: attention to

5426
02:47:05,364 --> 02:47:06,499
the screen, an image provided on

5427
02:47:06,499 --> 02:47:08,567
the public record multiple times

5428
02:47:08,567 --> 02:47:12,767
as early as AUGUST the 2nd, from

5429
02:47:13,539 --> 02:47:15,875
a constituent in her 70s or 80s,

5430
02:47:15,875 --> 02:47:18,210
I believe, that has had requests

5431
02:47:18,210 --> 02:47:20,479
in for their community for 15

5432
02:47:20,479 --> 02:47:22,347
years to repair their sidewalks

5433
02:47:22,347 --> 02:47:23,849
from the county, and because of

5434
02:47:23,849 --> 02:47:23,950
our dereliction of duty to

5435
02:47:23,950 --> 02:47:25,950
-

5436
02:47:25,985 --> 02:47:27,920
accomplish that, she has maimed

5437
02:47:27,920 --> 02:47:29,622
her face on more than one time.

5438
02:47:29,622 --> 02:47:30,757
This was the pinnacle of one of

5439
02:47:30,757 --> 02:47:31,924
other neighbors that provided

5440
02:47:31,924 --> 02:47:33,924
this to us.

5441
02:47:36,295 --> 02:47:37,630
Could that $360 million there

5442
02:47:37,630 --> 02:47:38,931
still delay until possibly next

5443
02:47:38,931 --> 02:47:41,767
fiscal year to repair, could

5444
02:47:41,767 --> 02:47:43,136
this money have gone to help fix

5445
02:47:43,136 --> 02:47:45,471
this community's roads that also

5446
02:47:45,471 --> 02:47:46,372
need to resurface, much less

5447
02:47:46,372 --> 02:47:48,372
their sidewalks?

5448
02:47:49,420 --> 02:47:50,877
>> commissioner, out of the

5449
02:47:50,877 --> 02:47:52,511
project list that the board

5450
02:47:52,511 --> 02:47:54,380
approved, about half of that

5451
02:47:54,380 --> 02:47:55,614
project list was really to do

5452
02:47:55,614 --> 02:47:57,614
transportation improvements

5453
02:47:57,851 --> 02:47:58,651
which would include sidewalks,

5454
02:47:58,651 --> 02:47:59,285
roads, bridges.

5455
02:47:59,285 --> 02:47:59,485
>> joshua wostal: thank you very

5456
02:47:59,485 --> 02:48:00,486
much.

5457
02:48:00,486 --> 02:48:02,555
This is one of many harms.

5458
02:48:02,555 --> 02:48:03,756
As you know, you sit on the

5459
02:48:03,756 --> 02:48:05,291
board that decides the

5460
02:48:05,291 --> 02:48:05,592
settlements for the trip and

5461
02:48:05,592 --> 02:48:07,592
fall claims.

5462
02:48:07,827 --> 02:48:09,195
I brought an item a couple of

5463
02:48:09,195 --> 02:48:10,829
years ago, where staff made

5464
02:48:10,829 --> 02:48:12,132
clear that just over a

5465
02:48:12,132 --> 02:48:15,132
couple-year period, we had paid

5466
02:48:15,702 --> 02:48:17,671
out a couple million dollars of

5467
02:48:17,671 --> 02:48:20,573
property taxes for these same

5468
02:48:20,573 --> 02:48:21,974
trip-and-fall claims to avoid

5469
02:48:21,974 --> 02:48:23,376
lawsuits, and I'd like to make

5470
02:48:23,376 --> 02:48:26,120
it very clear to the community,

5471
02:48:26,120 --> 02:48:28,648
that's just one of many harms

5472
02:48:28,648 --> 02:48:31,284
and maiming that we could have

5473
02:48:31,284 --> 02:48:33,190
prevented with this money, due

5474
02:48:33,190 --> 02:48:36,323
to the fact that we still have

5475
02:48:36,323 --> 02:48:36,956
about a decade backlog, despite

5476
02:48:36,956 --> 02:48:37,590
our record-breaking investment

5477
02:48:37,590 --> 02:48:38,992
over the past four years.

5478
02:48:38,992 --> 02:48:41,761
This is money that was dedicated

5479
02:48:41,761 --> 02:48:45,300
and promised and marketed to the

5480
02:48:45,300 --> 02:48:46,766
community in 2024 that we would

5481
02:48:46,766 --> 02:48:48,101
prioritize their needs over

5482
02:48:48,101 --> 02:48:50,101
other people's wants.

5483
02:48:54,775 --> 02:48:58,975
And any "yes" vote on that going

5484
02:48:59,913 --> 02:49:01,648
towards anything but that is a

5485
02:49:01,648 --> 02:49:03,483
dereliction of duty.

5486
02:49:03,483 --> 02:49:04,818
Vaguely it is said "county

5487
02:49:04,818 --> 02:49:07,818
funds," that's our general funds

5488
02:49:08,555 --> 02:49:08,755
and most of it is property

5489
02:49:08,755 --> 02:49:09,122
taxes.

5490
02:49:09,122 --> 02:49:11,122
Is that correct?

5491
02:49:11,225 --> 02:49:13,727
>> most of those dollars would

5492
02:49:13,727 --> 02:49:14,962
likely come from general funds.

5493
02:49:14,962 --> 02:49:17,640
There are multiple sources we

5494
02:49:17,640 --> 02:49:19,466
would take a look at to be able

5495
02:49:19,466 --> 02:49:19,700
to come up wth most appropriate

5496
02:49:19,700 --> 02:49:21,700
sources.

5497
02:49:22,803 --> 02:49:24,605
Most of those would be funded by

5498
02:49:24,605 --> 02:49:26,139
general funds, general funds

5499
02:49:26,139 --> 02:49:29,108
about 80% of the revenue that

5500
02:49:29,108 --> 02:49:29,476
goes into the general funds is

5501
02:49:29,476 --> 02:49:31,476
property taxes.

5502
02:49:31,511 --> 02:49:33,911
>> so about we'll say $88

5503
02:49:33,914 --> 02:49:36,314
million of property taxes.

5504
02:49:37,885 --> 02:49:40,885
This same body of government

5505
02:49:40,887 --> 02:49:43,257
also put forward a presentation

5506
02:49:43,257 --> 02:49:45,158
to us that amendment three if

5507
02:49:45,158 --> 02:49:46,894
voted through would just be, oh

5508
02:49:46,894 --> 02:49:47,127
my gosh, devastating to the

5509
02:49:47,127 --> 02:49:48,596
county.

5510
02:49:48,596 --> 02:49:51,131
Actually possibly from your own

5511
02:49:51,131 --> 02:49:51,498
office, I might have put that

5512
02:49:51,498 --> 02:49:53,498
together.

5513
02:49:54,301 --> 02:49:55,836
So the same body of government

5514
02:49:55,836 --> 02:49:57,371
saying amendment three if

5515
02:49:57,371 --> 02:49:59,272
passes, oh my GOD, we won't be

5516
02:49:59,272 --> 02:50:01,750
able to fund critical resources,

5517
02:50:01,750 --> 02:50:04,145
but here we are randomly finding

5518
02:50:04,145 --> 02:50:05,980
almost $100 million of those

5519
02:50:05,980 --> 02:50:07,814
same property taxes to subsidize

5520
02:50:07,814 --> 02:50:10,284
the rich and the powerful.

5521
02:50:10,284 --> 02:50:13,120
And that to me is just another

5522
02:50:13,120 --> 02:50:15,556
testament of why you must vote

5523
02:50:15,556 --> 02:50:15,823
yes on amendment three in

5524
02:50:15,823 --> 02:50:17,257
NOVEMBER.

5525
02:50:17,257 --> 02:50:19,930
Now over and over, we have said

5526
02:50:19,930 --> 02:50:21,796
that the total burden from the

5527
02:50:21,796 --> 02:50:23,764
county is going to be $796

5528
02:50:23,764 --> 02:50:25,633
million, but I would like to

5529
02:50:25,633 --> 02:50:28,330
bring everyone's attention to

5530
02:50:29,103 --> 02:50:30,871
exhibit "I" of the agreement.

5531
02:50:30,871 --> 02:50:32,440
Exhibit "I" is the bond payments

5532
02:50:32,440 --> 02:50:33,941
we have to pay back, most of the

5533
02:50:33,941 --> 02:50:34,875
general public does not

5534
02:50:34,875 --> 02:50:36,644
understand what that means.

5535
02:50:36,644 --> 02:50:39,514
There's a table on the back of

5536
02:50:39,514 --> 02:50:41,480
it, but that total of exhibit

5537
02:50:41,480 --> 02:50:43,250
"I" over the 35 years of bonding

5538
02:50:43,250 --> 02:50:45,887
to the tourist development tax,

5539
02:50:45,887 --> 02:50:48,388
and I will be clear, all seven

5540
02:50:48,388 --> 02:50:49,257
of us unanimously voted in

5541
02:50:49,257 --> 02:50:51,391
JANUARY to support this deal,

5542
02:50:51,391 --> 02:50:53,895
and I continue to support this

5543
02:50:53,895 --> 02:50:55,228
deal on the user fees that the

5544
02:50:55,228 --> 02:50:57,498
team promised they would be

5545
02:50:57,498 --> 02:51:00,498
going after, and the alleged

5546
02:51:00,969 --> 02:51:02,103
excess of cit that I warned them

5547
02:51:02,103 --> 02:51:04,472
multiple times did not exist and

5548
02:51:04,472 --> 02:51:04,706
now we are at that reality

5549
02:51:04,706 --> 02:51:06,706
today.

5550
02:51:07,908 --> 02:51:09,777
None of the $360 million of the

5551
02:51:09,777 --> 02:51:12,280
"yes" vote in JANUARY that they

5552
02:51:12,280 --> 02:51:13,415
claimed would be from alleged

5553
02:51:13,415 --> 02:51:14,782
excess cit is excess cit.

5554
02:51:14,782 --> 02:51:19,582
I'll get to that in a minute and

5555
02:51:19,787 --> 02:51:22,187
how that impacts us.

5556
02:51:24,920 --> 02:51:27,620
That total amount of exhibit "I"

5557
02:51:27,620 --> 02:51:29,620
is $569 million.

5558
02:51:31,990 --> 02:51:32,267
That $569 million is of interest

5559
02:51:32,267 --> 02:51:34,769
that has not been clearly

5560
02:51:34,769 --> 02:51:36,171
disclosed on the total amount.

5561
02:51:36,171 --> 02:51:38,272
Is that correct, that the

5562
02:51:38,272 --> 02:51:40,740
taxpayers are accountable for,

5563
02:51:40,740 --> 02:51:40,541
$569 million over a 35-year

5564
02:51:40,541 --> 02:51:42,541
period?

5565
02:51:45,713 --> 02:51:46,281
>> that would be debt service,

5566
02:51:46,281 --> 02:51:46,615
that would be principle and

5567
02:51:46,615 --> 02:51:47,449
interest, yes.

5568
02:51:47,449 --> 02:51:48,850
>> joshua wostal: okay, I'd like

5569
02:51:48,850 --> 02:51:50,852
to make it clear to the media

5570
02:51:50,852 --> 02:51:51,920
reporting the total burden of

5571
02:51:51,920 --> 02:51:53,920
the hilsborough county

5572
02:51:54,588 --> 02:51:58,160
taxpayers side of the deal is

5573
02:51:58,160 --> 02:52:00,160
$796 million is grossly

5574
02:52:01,620 --> 02:52:02,430
inaccurate.

5575
02:52:02,430 --> 02:52:03,650
Exhibit "I" if you'd like to

5576
02:52:03,650 --> 02:52:05,650
reference that.

5577
02:52:08,869 --> 02:52:10,472
Of the $360 million, when we put

5578
02:52:10,472 --> 02:52:12,374
the 2024 cit forward, I

5579
02:52:12,374 --> 02:52:12,774
championed that alongside

5580
02:52:12,774 --> 02:52:14,276
commissioner owen.

5581
02:52:14,276 --> 02:52:16,770
It might have been commissioner

5582
02:52:16,770 --> 02:52:16,845
myers and hagan that voted no on

5583
02:52:16,845 --> 02:52:18,547
that, I can't recall, but I

5584
02:52:18,547 --> 02:52:21,547
believe that's right on the

5585
02:52:21,784 --> 02:52:24,184
final vote, we bucketed $596

5586
02:52:27,222 --> 02:52:27,456
million for public facilities.

5587
02:52:27,456 --> 02:52:29,456
Correct?

5588
02:52:30,859 --> 02:52:33,259
>> that's correct, I believe,

5589
02:52:33,328 --> 02:52:35,328
commissioner, $597.

5590
02:52:38,200 --> 02:52:38,567
>> 597, I was off by $1 million,

5591
02:52:38,567 --> 02:52:40,567
I apologize.

5592
02:52:41,303 --> 02:52:42,871
We clearly put in there and

5593
02:52:42,871 --> 02:52:44,206
marketed to the community the

5594
02:52:44,206 --> 02:52:46,608
list of projects that would be

5595
02:52:46,608 --> 02:52:49,608
eligible for that bucket of

5596
02:52:50,120 --> 02:52:52,281
money and more importantly,

5597
02:52:52,281 --> 02:52:53,616
about the 2024 cit renewal that

5598
02:52:53,616 --> 02:52:55,317
another cause that commissioner

5599
02:52:55,317 --> 02:52:57,419
owen and I put in there, we

5600
02:52:57,419 --> 02:52:59,154
continue to claim we have a

5601
02:52:59,154 --> 02:53:00,880
20-year backlog on public safety

5602
02:53:00,880 --> 02:53:00,856
improvements, including the

5603
02:53:00,856 --> 02:53:02,491
sidewalk that unfortunately

5604
02:53:02,491 --> 02:53:05,491
injured the member of farmington

5605
02:53:07,263 --> 02:53:08,597
hoa that we saw on the screen

5606
02:53:08,597 --> 02:53:08,764
earlier and unnecessarily maimed

5607
02:53:08,764 --> 02:53:10,764
her.

5608
02:53:11,300 --> 02:53:11,667
There is a list of projects and

5609
02:53:11,667 --> 02:53:14,670
a list of money.

5610
02:53:14,537 --> 02:53:18,137
We accounted for all 15 years of

5611
02:53:18,140 --> 02:53:20,140
money that's available.

5612
02:53:21,109 --> 02:53:22,440
That total amount is $ 00

5613
02:53:22,440 --> 02:53:24,146
million but out of that bucket

5614
02:53:24,146 --> 02:53:26,546
of money we'll award $360

5615
02:53:28,117 --> 02:53:28,417
million for an unaccounted for

5616
02:53:28,417 --> 02:53:30,417
expenditure

5617
02:53:33,256 --> 02:53:34,456
expenditure, over 50% in a

5618
02:53:34,456 --> 02:53:35,858
four-year period accounting for

5619
02:53:35,858 --> 02:53:38,258
a 15-year total take.

5620
02:53:39,629 --> 02:53:42,532
Which means a couple of things.

5621
02:53:42,532 --> 02:53:44,701
One is that we're having to

5622
02:53:44,701 --> 02:53:45,501
steal from the future or steal

5623
02:53:45,501 --> 02:53:49,101
from the other buckets of money

5624
02:53:49,572 --> 02:53:50,940
over the first four years to

5625
02:53:50,940 --> 02:53:53,209
make this money available.

5626
02:53:53,209 --> 02:53:56,679
And it also means that since

5627
02:53:56,679 --> 02:53:59,679
this $360 million to the rays,

5628
02:54:02,850 --> 02:54:03,686
which again I voted "yes" on in

5629
02:54:03,686 --> 02:54:05,922
JANUARY and proposed giving them

5630
02:54:05,922 --> 02:54:08,458
the development tax which is

5631
02:54:08,458 --> 02:54:10,858
$737 million, confirmed by you

5632
02:54:12,362 --> 02:54:15,962
at a previous meeting, on a 3%

5633
02:54:17,567 --> 02:54:18,167
compound and growth, isn't it

5634
02:54:18,167 --> 02:54:21,771
not true that one or more of

5635
02:54:21,771 --> 02:54:22,939
these items must be impacted,

5636
02:54:22,939 --> 02:54:25,740
delayed or potentially canceled

5637
02:54:25,740 --> 02:54:26,943
outright, snce we only budgeted

5638
02:54:26,943 --> 02:54:29,343
597 but we're already expending

5639
02:54:30,613 --> 02:54:32,820
360 on an unknown source?

5640
02:54:32,820 --> 02:54:35,820
>> commissioner, if we were to

5641
02:54:35,618 --> 02:54:36,253
look at the cit as a whole, the

5642
02:54:36,253 --> 02:54:37,420
entire -- there were certain

5643
02:54:37,420 --> 02:54:38,988
buckets that were set up, the

5644
02:54:38,988 --> 02:54:40,456
board could, through a public

5645
02:54:40,456 --> 02:54:41,357
hearing process, go back and

5646
02:54:41,357 --> 02:54:44,357
move things around and realign

5647
02:54:47,970 --> 02:54:48,465
things, but out of the total,

5648
02:54:48,465 --> 02:54:49,832
there was I guess $100 million

5649
02:54:49,832 --> 02:54:53,770
that we know that's in the deal

5650
02:54:53,770 --> 02:54:56,272
right now the lithia pinecrest.

5651
02:54:56,272 --> 02:54:58,108
that would offset the 360.

5652
02:54:58,108 --> 02:54:59,750
We have $60 million in

5653
02:54:59,750 --> 02:55:00,577
contingency that was built in as

5654
02:55:00,577 --> 02:55:02,977
one of the items.

5655
02:55:03,312 --> 02:55:05,381
So that would take us down from

5656
02:55:05,381 --> 02:55:06,282
say 260 down to $200 million.

5657
02:55:06,282 --> 02:55:08,282
>> joshua wostal: okay.

5658
02:55:09,520 --> 02:55:11,754
>> from that point, I guess

5659
02:55:11,754 --> 02:55:12,389
there probably are a number of

5660
02:55:12,389 --> 02:55:14,789
different things and different

5661
02:55:15,325 --> 02:55:16,426
ways that that could be made up.

5662
02:55:16,426 --> 02:55:18,995
I went over some of those today,

5663
02:55:18,995 --> 02:55:20,130
there would be revenues

5664
02:55:20,130 --> 02:55:20,397
generated by the new ball park

5665
02:55:20,397 --> 02:55:22,397
district.

5666
02:55:22,599 --> 02:55:23,232
There would be eventually

5667
02:55:23,232 --> 02:55:25,402
property taxes that would come

5668
02:55:25,402 --> 02:55:26,570
out of that, that would come

5669
02:55:26,570 --> 02:55:27,604
back to us.

5670
02:55:27,604 --> 02:55:28,705
There would be sales tax that

5671
02:55:28,705 --> 02:55:30,705
would be generated.

5672
02:55:30,807 --> 02:55:31,942
We could look for alternate

5673
02:55:31,942 --> 02:55:33,644
funding sources for some of the

5674
02:55:33,644 --> 02:55:36,112
projects that are currently in

5675
02:55:36,112 --> 02:55:37,847
the approved cit that might be

5676
02:55:37,847 --> 02:55:39,883
impact fees, that could be

5677
02:55:39,883 --> 02:55:40,117
grants and things of that

5678
02:55:40,117 --> 02:55:41,751
nature.

5679
02:55:41,751 --> 02:55:42,520
So I would say it's kind of

5680
02:55:42,520 --> 02:55:43,387
fluid.

5681
02:55:43,387 --> 02:55:45,755
We haven't really gotten into

5682
02:55:45,755 --> 02:55:47,524
the new cit yet, but we would

5683
02:55:47,524 --> 02:55:48,491
look at other ways to make up

5684
02:55:48,491 --> 02:55:50,600
for the amount that would be

5685
02:55:50,600 --> 02:55:51,328
committed to the rays.

5686
02:55:51,328 --> 02:55:52,620
>> joshua wostal: so out of

5687
02:55:52,620 --> 02:55:54,265
those projects, just so

5688
02:55:54,265 --> 02:55:55,365
everybody understands what's

5689
02:55:55,365 --> 02:55:57,433
listed in there as community

5690
02:55:57,433 --> 02:55:59,403
facilities is the raymond james

5691
02:55:59,403 --> 02:56:01,803
stadium, capital maintenance and

5692
02:56:03,574 --> 02:56:05,974
repair, the amelie arena,

5693
02:56:07,100 --> 02:56:10,100
capital mate nance and repair,

5694
02:56:10,513 --> 02:56:12,350
now benchmark international, and

5695
02:56:12,350 --> 02:56:14,850
the other structure added and

5696
02:56:14,850 --> 02:56:15,552
pet resources shelter in dire

5697
02:56:15,552 --> 02:56:17,287
need of expansion.

5698
02:56:17,287 --> 02:56:19,457
Those are the line items that

5699
02:56:19,457 --> 02:56:20,758
are likely going to be impacted

5700
02:56:20,758 --> 02:56:23,758
in one way or another.

5701
02:56:24,295 --> 02:56:25,795
now, you mentioned that we could

5702
02:56:25,795 --> 02:56:26,797
potentially generate prperty

5703
02:56:26,797 --> 02:56:28,431
tax growth, but you have a chart

5704
02:56:28,431 --> 02:56:32,310
up there where the county is

5705
02:56:32,269 --> 02:56:34,105
only going to generate $87

5706
02:56:34,105 --> 02:56:34,438
million total over the 35-year

5707
02:56:34,438 --> 02:56:34,972
period.

5708
02:56:34,972 --> 02:56:36,707
Is that correct?

5709
02:56:36,707 --> 02:56:38,709
>> right, that was something

5710
02:56:38,709 --> 02:56:40,310
that was a tougher part of the

5711
02:56:40,310 --> 02:56:42,710
negotiation with the team.

5712
02:56:42,880 --> 02:56:44,548
Ultimately, what we resolved

5713
02:56:44,548 --> 02:56:45,716
last week was the team was

5714
02:56:45,716 --> 02:56:47,418
willing to increase the rent

5715
02:56:47,418 --> 02:56:48,319
that they were going to be

5716
02:56:48,319 --> 02:56:49,353
paying us over the 35-year

5717
02:56:49,353 --> 02:56:52,256
period, which we thought was a

5718
02:56:52,256 --> 02:56:54,656
good compromise, because the

5719
02:56:54,892 --> 02:56:56,261
additional rent that they came

5720
02:56:56,261 --> 02:56:59,630
up with offset the amount that

5721
02:56:59,630 --> 02:57:00,598
we were trying to get out of the

5722
02:57:00,598 --> 02:57:02,100
property tax deal.

5723
02:57:02,100 --> 02:57:05,700
So with the additional rent and

5724
02:57:05,870 --> 02:57:06,671
the cpi, we were able to make up

5725
02:57:06,671 --> 02:57:08,671
that difference.

5726
02:57:09,400 --> 02:57:10,808
>> joshua wostal: but we're

5727
02:57:10,808 --> 02:57:12,808
giving them $103 million

5728
02:57:13,311 --> 02:57:14,946
million, 88 we'll call it of

5729
02:57:14,946 --> 02:57:17,946
property taxes today, and we're

5730
02:57:18,616 --> 02:57:22,870
only going to get over a 35-year

5731
02:57:22,870 --> 02:57:23,421
period 87 total back.

5732
02:57:23,421 --> 02:57:25,657
If you just looked at those

5733
02:57:25,657 --> 02:57:28,570
numbers and started calculating

5734
02:57:28,930 --> 02:57:31,930
net present value, the taxpayers

5735
02:57:31,896 --> 02:57:34,896
are at a significant delta.

5736
02:57:36,301 --> 02:57:38,235
I mean, the total of 463

5737
02:57:38,235 --> 02:57:40,635
million, the 103 of local

5738
02:57:40,871 --> 02:57:43,871
general funds and property taxes

5739
02:57:44,709 --> 02:57:45,811
plus the 360 cit, if you

5740
02:57:45,811 --> 02:57:48,811
calculated that out today with

5741
02:57:49,948 --> 02:57:51,315
let's call a very low 4% future

5742
02:57:51,315 --> 02:57:53,918
value of growth year over year

5743
02:57:53,918 --> 02:57:56,918
for 35 years, that money is

5744
02:57:58,824 --> 02:58:01,224
worth $1.83 billion, and that's

5745
02:58:02,260 --> 02:58:02,560
a very low conservative

5746
02:58:02,560 --> 02:58:04,560
calculation.

5747
02:58:05,697 --> 02:58:08,600
None of these financial metrics

5748
02:58:08,600 --> 02:58:10,302
make up for these massive losses

5749
02:58:10,302 --> 02:58:12,170
and disparities between the two

5750
02:58:12,170 --> 02:58:13,238
numbers of how much the value of

5751
02:58:13,238 --> 02:58:14,606
the money is today.

5752
02:58:14,606 --> 02:58:17,142
Yes, it sounds nice to say we're

5753
02:58:17,142 --> 02:58:20,742
going to get a couple hundred

5754
02:58:21,580 --> 02:58:22,414
million dollars back in lease,

5755
02:58:22,414 --> 02:58:26,318
but none of it accounts for how

5756
02:58:26,318 --> 02:58:27,860
much money that is worth 35

5757
02:58:27,860 --> 02:58:29,860
years from now.

5758
02:58:29,888 --> 02:58:31,890
Now, I want to move on to, it

5759
02:58:31,890 --> 02:58:32,657
was said that fire -- this is

5760
02:58:32,657 --> 02:58:35,657
going to generate fire rescue

5761
02:58:35,694 --> 02:58:39,894
needs, but this is going to be

5762
02:58:39,932 --> 02:58:41,932
county-wide property tax

5763
02:58:42,467 --> 02:58:43,902
generation, a very de minimus

5764
02:58:43,902 --> 02:58:45,902
$87 million over 35 years.

5765
02:58:46,305 --> 02:58:48,705
The county-wide property taxes

5766
02:58:49,107 --> 02:58:50,875
can't be used to fund

5767
02:58:50,875 --> 02:58:51,510
hillsborough county fire rescue.

5768
02:58:51,510 --> 02:58:53,245
>> that's correct.

5769
02:58:53,245 --> 02:58:54,346
They can fund emergency

5770
02:58:54,346 --> 02:58:56,480
management but typically it's

5771
02:58:56,480 --> 02:58:57,983
the unincorporated area of

5772
02:58:57,983 --> 02:58:58,651
revenue that goes toward fire

5773
02:58:58,651 --> 02:59:00,286
rescue operations.

5774
02:59:00,286 --> 02:59:01,152
>> joshua wostal: I wanted to

5775
02:59:01,152 --> 02:59:03,152
make that clear.

5776
02:59:03,222 --> 02:59:05,124
It was also said that we

5777
02:59:05,124 --> 02:59:05,357
guaranteed protections for fire

5778
02:59:05,357 --> 02:59:07,357
rescue.

5779
02:59:10,462 --> 02:59:11,396
How can you guarantee that, from

5780
02:59:11,396 --> 02:59:13,332
a future board?

5781
02:59:13,332 --> 02:59:14,900
They could change the cit list

5782
02:59:14,900 --> 02:59:16,335
at any time.

5783
02:59:16,335 --> 02:59:16,635
So what was the hardened

5784
02:59:16,635 --> 02:59:18,635
protection?

5785
02:59:20,139 --> 02:59:21,974
I didn't see that in there.

5786
02:59:21,974 --> 02:59:22,808
>> I don't know that we had any

5787
02:59:22,808 --> 02:59:23,643
specific --

5788
02:59:23,643 --> 02:59:24,644
>> joshua wostal: no specific,

5789
02:59:24,644 --> 02:59:27,512
okay, because it was said and

5790
02:59:27,512 --> 02:59:29,648
that's a big one, and fire

5791
02:59:29,648 --> 02:59:31,648
rescue, unfortunately, they're

5792
02:59:34,720 --> 02:59:35,354
an emotional heartstring like

5793
02:59:35,354 --> 02:59:35,655
teachers, their name leaks

5794
02:59:35,655 --> 02:59:36,355
ikes to

5795
02:59:36,355 --> 02:59:38,570
get used.

5796
02:59:38,570 --> 02:59:39,491
When is the public hearing, it's

5797
02:59:39,491 --> 02:59:40,992
in the documents, MISS Machine

5798
02:59:40,992 --> 02:59:41,294
dale, thank you so much, a legal

5799
02:59:41,294 --> 02:59:42,328
requirement.

5800
02:59:42,328 --> 02:59:43,663
How much time are we going to

5801
02:59:43,663 --> 02:59:46,663
give and notice the general

5802
02:59:46,799 --> 02:59:48,434
public instead of a secret

5803
02:59:48,434 --> 02:59:49,969
fly-by-night special meeting,

5804
02:59:49,969 --> 02:59:51,771
I've not had a special meeting

5805
02:59:51,771 --> 02:59:53,272
in four years since I've been

5806
02:59:53,272 --> 02:59:54,740
here, so when is -- even when we

5807
02:59:54,740 --> 02:59:55,608
had hurricanes we didn't have

5808
02:59:55,608 --> 02:59:57,608
special meetings.

5809
02:59:58,645 --> 03:00:00,179
When is, how much time are we

5810
03:00:00,179 --> 03:00:00,879
going to have to advertise to

5811
03:00:00,879 --> 03:00:02,879
the legally-required public

5812
03:00:04,484 --> 03:00:04,751
hearing to amend the inner local

5813
03:00:04,751 --> 03:00:06,751
agreement?

5814
03:00:06,786 --> 03:00:07,887
>> let me make sure I understand

5815
03:00:07,887 --> 03:00:09,887
your question.

5816
03:00:10,657 --> 03:00:11,791
Amending an interlocal

5817
03:00:11,791 --> 03:00:12,926
agreement, you mean in terms of

5818
03:00:12,926 --> 03:00:15,695
holding the cit public hearing?

5819
03:00:15,695 --> 03:00:16,395
That will have to be noticed, my

5820
03:00:16,395 --> 03:00:18,795
understanding and sam can

5821
03:00:18,798 --> 03:00:19,432
correct me if I'm wrong, that

5822
03:00:19,432 --> 03:00:21,000
that public hearing will have to

5823
03:00:21,000 --> 03:00:24,000
be noticed in the newspaper.

5824
03:00:24,337 --> 03:00:26,500
That's the legal obligation, and

5825
03:00:26,500 --> 03:00:29,242
so that period of time that it

5826
03:00:29,242 --> 03:00:31,177
takes to get it noticed.

5827
03:00:31,177 --> 03:00:32,579
I don't think there was a

5828
03:00:32,579 --> 03:00:33,513
specific period of time that is

5829
03:00:33,513 --> 03:00:36,382
required for when that notice

5830
03:00:36,382 --> 03:00:38,151
goes in, but we will have to put

5831
03:00:38,151 --> 03:00:39,252
it in the newspaper prior to

5832
03:00:39,252 --> 03:00:41,521
what that schedule is.

5833
03:00:41,521 --> 03:00:42,689
You will need to set that public

5834
03:00:42,689 --> 03:00:44,190
hearing, so we will have a

5835
03:00:44,190 --> 03:00:44,757
request from you to set the

5836
03:00:44,757 --> 03:00:46,526
public hearing.

5837
03:00:46,526 --> 03:00:47,427
Then we'll go ahead and get that

5838
03:00:47,427 --> 03:00:49,563
scheduled in the newspaper.

5839
03:00:49,563 --> 03:00:52,320
So that would be the timeframe

5840
03:00:52,320 --> 03:00:53,366
of how that would go, and again,

5841
03:00:53,366 --> 03:00:56,966
if sam thinks I'm incorrect in

5842
03:00:58,271 --> 03:00:58,805
what I just said, I'd love him

5843
03:00:58,805 --> 03:00:59,438
to say so.

5844
03:00:59,438 --> 03:01:02,438
>> joshua wostal: sam, are you

5845
03:01:04,877 --> 03:01:06,877
good?

5846
03:01:07,948 --> 03:01:08,448
>> sam hamilton, county

5847
03:01:08,448 --> 03:01:10,217
attorney's office, yes.

5848
03:01:10,217 --> 03:01:10,851
There is a local ordinance

5849
03:01:10,851 --> 03:01:12,180
requirement for a public hearing

5850
03:01:12,180 --> 03:01:13,152
to amend the cit projects list.

5851
03:01:13,152 --> 03:01:14,121
it's not the interlocal.

5852
03:01:14,121 --> 03:01:15,622
It's the projects list.

5853
03:01:15,622 --> 03:01:16,560
>> joshua wostal: yes, the

5854
03:01:16,560 --> 03:01:16,890
project list.

5855
03:01:16,890 --> 03:01:17,524
>> right.

5856
03:01:17,524 --> 03:01:20,160
>> joshua wostal: will how much

5857
03:01:20,160 --> 03:01:20,427
time of notice is what I'm

5858
03:01:20,427 --> 03:01:22,362
asking.

5859
03:01:22,362 --> 03:01:22,963
Is there a requirement or do we

5860
03:01:22,963 --> 03:01:24,631
typically get --

5861
03:01:24,631 --> 03:01:26,166
>> no, it's typically five to

5862
03:01:26,166 --> 03:01:27,467
seven days, the ad's in the

5863
03:01:27,467 --> 03:01:28,268
paper and the hearing is five to

5864
03:01:28,268 --> 03:01:29,603
seven days after.

5865
03:01:29,603 --> 03:01:30,137
It's not a state law

5866
03:01:30,137 --> 03:01:31,972
requirement.

5867
03:01:31,972 --> 03:01:32,840
It's the local cit ordinance.

5868
03:01:32,840 --> 03:01:34,840
>> joshua wostal: commissioner

5869
03:01:35,740 --> 03:01:36,343
cohen, you had promised that you

5870
03:01:36,343 --> 03:01:37,711
wanted several public hearings

5871
03:01:37,711 --> 03:01:39,847
at the last conversation, and I

5872
03:01:39,847 --> 03:01:41,482
think that we should have ample

5873
03:01:41,482 --> 03:01:43,617
time of promoting that to the

5874
03:01:43,617 --> 03:01:45,552
community and it should be one

5875
03:01:45,552 --> 03:01:47,687
at 6:00 P.M., not at 9:00 A.M.,

5876
03:01:47,687 --> 03:01:48,288
when people struggle to get out

5877
03:01:48,288 --> 03:01:50,288
of work.

5878
03:01:50,457 --> 03:01:52,826
At a minimum, I'm perfectly

5879
03:01:52,826 --> 03:01:55,195
fine, I'm fine with us giving

5880
03:01:55,195 --> 03:01:57,698
the rays -- what's the life of

5881
03:01:57,698 --> 03:02:00,980
the stadium, 50 years probably

5882
03:02:00,201 --> 03:02:02,202
is a fair -- okay.

5883
03:02:02,202 --> 03:02:04,271
I'm fine giving them the entire

5884
03:02:04,271 --> 03:02:06,107
50 years, which would probably

5885
03:02:06,107 --> 03:02:09,107
get them north of $1 billion.

5886
03:02:10,100 --> 03:02:12,179
I didn't scale it down past

5887
03:02:12,179 --> 03:02:12,679
2061, to make it more amenable

5888
03:02:12,679 --> 03:02:14,679
to them.

5889
03:02:15,383 --> 03:02:16,984
If they need our local tax

5890
03:02:16,984 --> 03:02:18,552
dollars, at some point, somebody

5891
03:02:18,552 --> 03:02:21,288
should introduce some type of

5892
03:02:21,288 --> 03:02:23,524
royalty recruitment, because in

5893
03:02:23,524 --> 03:02:26,524
the documents, the rays are

5894
03:02:27,160 --> 03:02:29,560
still demanding 100% revenue of

5895
03:02:31,132 --> 03:02:33,201
all ticket sales for games and

5896
03:02:33,201 --> 03:02:33,801
concerts, right?

5897
03:02:33,801 --> 03:02:35,690
>> the proposal they sent to

5898
03:02:35,690 --> 03:02:36,204
this, and this is not on the

5899
03:02:36,204 --> 03:02:37,939
agreement in front of you, on

5900
03:02:37,939 --> 03:02:39,941
the use agreement was to keep

5901
03:02:39,941 --> 03:02:41,576
100% of those revenues.

5902
03:02:41,576 --> 03:02:43,477
>> joshua wostal: 100% revenues

5903
03:02:43,477 --> 03:02:45,877
of concessions, of parking.

5904
03:02:45,947 --> 03:02:49,217
Why in the world would you guys

5905
03:02:49,217 --> 03:02:49,984
sacrifice the naming rights of

5906
03:02:49,984 --> 03:02:51,984
our building?

5907
03:02:52,220 --> 03:02:55,122
All of these things should be

5908
03:02:55,122 --> 03:02:58,693
made very clear and in some way,

5909
03:02:58,693 --> 03:03:01,610
some royalty program from

5910
03:03:01,610 --> 03:03:02,362
concessions, parking, you could

5911
03:03:02,362 --> 03:03:05,499
get huge royalties from, one of

5912
03:03:05,499 --> 03:03:07,935
the most lucrative are all ways

5913
03:03:07,935 --> 03:03:10,710
you should introduce a

5914
03:03:10,710 --> 03:03:12,471
recoupment of the $360 million

5915
03:03:13,207 --> 03:03:14,875
so at a minimum te tacks pairs

5916
03:03:14,875 --> 03:03:15,910
don't feel absolutely betrayed,

5917
03:03:15,910 --> 03:03:17,910
because commissioner hagan,

5918
03:03:18,146 --> 03:03:19,547
while I do agree with many of

5919
03:03:19,547 --> 03:03:20,914
your points and I do believe the

5920
03:03:20,914 --> 03:03:23,451
rays should choose to come here

5921
03:03:23,451 --> 03:03:26,988
if they don't want to stay in

5922
03:03:26,988 --> 03:03:29,791
st. Petersburg, and they should

5923
03:03:29,791 --> 03:03:30,958
choose to do it in the mapper in

5924
03:03:30,958 --> 03:03:33,227
which they originally proched us

5925
03:03:33,227 --> 03:03:35,630
in a user fee agreement and

5926
03:03:35,630 --> 03:03:37,766
avoiding our local taxes, which

5927
03:03:37,766 --> 03:03:40,766
we talked about several times,

5928
03:03:41,350 --> 03:03:43,204
MR. Babby, and I warned you guys

5929
03:03:43,204 --> 03:03:43,437
there was no such thing as an

5930
03:03:43,437 --> 03:03:44,706
excess.

5931
03:03:44,706 --> 03:03:46,975
I told you to stop tiding it, it

5932
03:03:46,975 --> 03:03:49,644
was not a reality, you should

5933
03:03:49,644 --> 03:03:52,790
introduce a royalty fee program

5934
03:03:52,790 --> 03:03:53,247
to recoup this money in a short

5935
03:03:53,247 --> 03:03:55,247
amount of time.

5936
03:03:56,217 --> 03:03:56,851
What have we decided is the

5937
03:03:56,851 --> 03:03:58,186
predictable break-even from this

5938
03:03:58,186 --> 03:03:58,820
project from the taxpayers that

5939
03:03:58,820 --> 03:04:02,257
we talked about yesterday in our

5940
03:04:02,257 --> 03:04:04,257
briefing?

5941
03:04:04,393 --> 03:04:05,494
20 years.

5942
03:04:05,494 --> 03:04:05,827
>> oh, as far as the timeframe,

5943
03:04:05,827 --> 03:04:07,362
commissioner?

5944
03:04:07,362 --> 03:04:08,730
>> joshua wostal: yes, I know.

5945
03:04:08,730 --> 03:04:11,599
>> I had not calculated that.

5946
03:04:11,599 --> 03:04:15,199
I wouldn't try to calculate that

5947
03:04:15,704 --> 03:04:16,400
because it would be very

5948
03:04:16,400 --> 03:04:16,505
speculative.

5949
03:04:16,505 --> 03:04:18,139
>> joshua wostal: very

5950
03:04:18,139 --> 03:04:19,507
speculative like the ae com

5951
03:04:19,507 --> 03:04:22,440
report we said because they were

5952
03:04:22,440 --> 03:04:23,345
unable to "obtain many of the

5953
03:04:23,345 --> 03:04:25,581
necessary documents" such as

5954
03:04:25,581 --> 03:04:27,416
detailed site plans for them to

5955
03:04:27,416 --> 03:04:29,918
make accurate decisions so that

5956
03:04:29,918 --> 03:04:32,918
everything in their document was

5957
03:04:34,189 --> 03:04:35,924
also "purely speculative."

5958
03:04:35,924 --> 03:04:37,959
this agreement, of course the

5959
03:04:37,959 --> 03:04:40,562
city of tampa voted yes, because

5960
03:04:40,562 --> 03:04:44,660
almost all of the burden is

5961
03:04:44,660 --> 03:04:44,633
shifted onto the unincorporated

5962
03:04:44,633 --> 03:04:45,400
taxpayers of hillsborough

5963
03:04:45,400 --> 03:04:47,400
county.

5964
03:04:48,436 --> 03:04:50,506
When we apportion the revenue

5965
03:04:50,506 --> 03:04:54,106
structure for how we get our

5966
03:04:54,577 --> 03:04:55,210
percentage of cit, we base that

5967
03:04:55,210 --> 03:04:57,210
off of population.

5968
03:04:58,790 --> 03:04:58,781
That is how we get our money

5969
03:04:58,781 --> 03:05:00,781
from the cit.

5970
03:05:02,510 --> 03:05:02,617
And the unincorporated

5971
03:05:02,617 --> 03:05:04,617
hillsborough represents the

5972
03:05:06,540 --> 03:05:07,655
super majority 70% of the

5973
03:05:07,655 --> 03:05:09,225
population, and they see to get

5974
03:05:09,225 --> 03:05:09,425
a lowest amount of benefit from

5975
03:05:09,425 --> 03:05:11,425
this.

5976
03:05:14,796 --> 03:05:17,533
The rays are right now averaging

5977
03:05:17,533 --> 03:05:17,733
about 17,100 members per home

5978
03:05:17,733 --> 03:05:18,200
game.

5979
03:05:18,200 --> 03:05:20,690
I'm happen.

5980
03:05:20,690 --> 03:05:22,605
Y to be corrected on

5981
03:05:22,605 --> 03:05:24,140
that number but that's all the

5982
03:05:24,140 --> 03:05:27,140
reported data I could find.

5983
03:05:27,743 --> 03:05:30,143
That is 1% of hillsborough

5984
03:05:31,279 --> 03:05:32,470
county's population and a far

5985
03:05:32,470 --> 03:05:33,849
cry from how many hillsborough

5986
03:05:33,849 --> 03:05:34,616
county residents are the people

5987
03:05:34,616 --> 03:05:36,616
attending the games.

5988
03:05:38,530 --> 03:05:39,488
Even ae com's less speculative

5989
03:05:39,488 --> 03:05:40,789
part of their study said that,

5990
03:05:40,789 --> 03:05:44,600
even after the rays get a bump

5991
03:05:44,600 --> 03:05:45,928
of a new stadium and a

5992
03:05:45,928 --> 03:05:47,563
semirelocation, they will still,

5993
03:05:47,563 --> 03:05:48,664
unfortunately, I'm not happy

5994
03:05:48,664 --> 03:05:51,234
about this, this was their

5995
03:05:51,234 --> 03:05:54,834
report, be in the bottom third

5996
03:05:54,837 --> 03:05:56,339
of the mlb, averaging 20,500,

5997
03:05:56,339 --> 03:05:57,473
slightly over 1% of the entire

5998
03:05:57,473 --> 03:05:59,473
county's population.

5999
03:06:02,178 --> 03:06:03,479
And it still won't be 100% of

6000
03:06:03,479 --> 03:06:04,313
hills blow

6001
03:06:04,313 --> 03:06:04,580
hillsborough residents

6002
03:06:04,580 --> 03:06:06,549
attending.

6003
03:06:06,549 --> 03:06:07,817
This is an albatross, one-sided

6004
03:06:07,817 --> 03:06:08,483
to the unincorporateded

6005
03:06:08,483 --> 03:06:10,483
residents of hillsborough

6006
03:06:10,687 --> 03:06:12,255
county, and when we get sued, I

6007
03:06:12,255 --> 03:06:13,556
won't litigate it here, we will

6008
03:06:13,556 --> 03:06:15,257
be sued.

6009
03:06:15,257 --> 03:06:17,660
That is just a simple reality.

6010
03:06:17,660 --> 03:06:20,263
It doesn't matter the legal

6011
03:06:20,263 --> 03:06:21,364
advice that we received in 2018

6012
03:06:21,364 --> 03:06:22,699
from the private citizen group

6013
03:06:22,699 --> 03:06:25,802
is that they would be sued.

6014
03:06:25,802 --> 03:06:28,204
They felt fine, they got sued

6015
03:06:28,204 --> 03:06:30,140
and lost.

6016
03:06:30,140 --> 03:06:31,340
2022, the attorney's office felt

6017
03:06:31,340 --> 03:06:32,909
good about the tax at the

6018
03:06:32,909 --> 03:06:33,176
county's level, got sued and

6019
03:06:33,176 --> 03:06:35,176
they lost.

6020
03:06:38,982 --> 03:06:39,816
When the term "express

6021
03:06:39,816 --> 03:06:41,284
[Language other than english]

6022
03:06:41,284 --> 03:06:44,154
Gets introduced we'll have a

6023
03:06:44,154 --> 03:06:46,554
very real conversation, yes,

6024
03:06:46,555 --> 03:06:47,824
about the legal precedence that

6025
03:06:47,824 --> 03:06:48,357
longstanding exist in the state

6026
03:06:48,357 --> 03:06:50,357
of florida.

6027
03:06:51,695 --> 03:06:53,196
This could be a good deal and

6028
03:06:53,196 --> 03:06:55,765
the tif agreement, MR. Chair, is

6029
03:06:55,765 --> 03:06:57,901
good for the county, but the

6030
03:06:57,901 --> 03:06:59,168
remainder of the local taxes,

6031
03:06:59,168 --> 03:06:59,835
you cannot protect fire rescue.

6032
03:06:59,835 --> 03:07:01,637
That's a myth.

6033
03:07:01,637 --> 03:07:01,838
It shouldn't have ever been

6034
03:07:01,838 --> 03:07:03,838
said.

6035
03:07:04,207 --> 03:07:06,576
It can't be made a reality, and

6036
03:07:06,576 --> 03:07:08,678
the fact that we would use

6037
03:07:08,678 --> 03:07:09,546
property taxes is just the

6038
03:07:09,546 --> 03:07:11,546
greatest offense.

6039
03:07:11,581 --> 03:07:12,649
Thank you very much for your

6040
03:07:12,649 --> 03:07:14,251
time, for your consideration.

6041
03:07:14,251 --> 03:07:16,530
I do wish the team luck.

6042
03:07:16,530 --> 03:07:17,887
I actually happen to like very

6043
03:07:17,887 --> 03:07:19,422
much the owners.

6044
03:07:19,422 --> 03:07:21,458
I'm saddened that a little bit

6045
03:07:21,458 --> 03:07:23,894
of dishonesty was introduced to

6046
03:07:23,894 --> 03:07:25,429
me, the transparency for the

6047
03:07:25,429 --> 03:07:27,429
financial agreements promise

6048
03:07:27,431 --> 03:07:28,898
should have been kept, and much

6049
03:07:28,898 --> 03:07:30,901
of this storm could have been

6050
03:07:30,901 --> 03:07:33,370
avoided and we would probably

6051
03:07:33,370 --> 03:07:34,370
not have so much public outcry.

6052
03:07:34,370 --> 03:07:34,671
Thank you.

6053
03:07:34,671 --> 03:07:35,439
>> christine miller: thank you

6054
03:07:35,439 --> 03:07:37,439
for your comments.

6055
03:07:38,400 --> 03:07:40,377
Not seeing anyone else in the

6056
03:07:40,377 --> 03:07:40,944
queue, I can move on to my

6057
03:07:40,944 --> 03:07:41,145
comments before calling the

6058
03:07:41,145 --> 03:07:42,779
vote.

6059
03:07:42,779 --> 03:07:42,980
Are we good?

6060
03:07:42,980 --> 03:07:44,980
Okay.

6061
03:07:45,820 --> 03:07:47,384
I first would like to say

6062
03:07:47,384 --> 03:07:47,685
powerful opening remarks, chair

6063
03:07:47,685 --> 03:07:49,685
hagan.

6064
03:07:50,254 --> 03:07:52,823
I'm not -- not that I'm not

6065
03:07:52,823 --> 03:07:53,724
surprised, it just was so well

6066
03:07:53,724 --> 03:07:55,926
summarized and you go through

6067
03:07:55,926 --> 03:07:57,861
your own remarks that you have

6068
03:07:57,861 --> 03:07:59,196
prepared, you really just did a

6069
03:07:59,196 --> 03:08:01,498
fantastic job of sort of

6070
03:08:01,498 --> 03:08:03,898
bringing it all together.

6071
03:08:04,535 --> 03:08:06,504
Harry, your excitement and

6072
03:08:06,504 --> 03:08:10,390
energy and just vigor for this

6073
03:08:10,390 --> 03:08:10,607
deal and what it means for the

6074
03:08:10,607 --> 03:08:11,942
people you respect in your

6075
03:08:11,942 --> 03:08:14,770
district is so heartwarming.

6076
03:08:14,770 --> 03:08:15,513
I really appreciated it.

6077
03:08:15,513 --> 03:08:16,847
It is an honor to serve

6078
03:08:16,847 --> 03:08:18,449
alongside of you all.

6079
03:08:18,449 --> 03:08:20,951
I think I'm only junior to

6080
03:08:20,951 --> 03:08:22,853
chris, who came in a few months

6081
03:08:22,853 --> 03:08:25,121
after me and really your

6082
03:08:25,121 --> 03:08:27,257
experience of you all serving on

6083
03:08:27,257 --> 03:08:28,392
this board shows and I

6084
03:08:28,392 --> 03:08:30,392
appreciate it.

6085
03:08:32,897 --> 03:08:34,197
I'd like to also thank MISS Wise

6086
03:08:34,197 --> 03:08:36,330
and mandel who met with me

6087
03:08:36,330 --> 03:08:36,400
countless times over the last

6088
03:08:36,400 --> 03:08:38,400
several months.

6089
03:08:39,170 --> 03:08:40,671
They're meeting with me and with

6090
03:08:40,671 --> 03:08:43,710
all of our colleagues.

6091
03:08:43,174 --> 03:08:44,375
It is -- they and their staff

6092
03:08:44,375 --> 03:08:46,420
have gone so far above and

6093
03:08:46,420 --> 03:08:46,978
beyond in this very important

6094
03:08:46,978 --> 03:08:48,713
negotiation, often taking

6095
03:08:48,713 --> 03:08:50,948
meetings from vacations, late in

6096
03:08:50,948 --> 03:08:51,415
the evening, from their cars

6097
03:08:51,415 --> 03:08:53,510
early in the morning.

6098
03:08:53,510 --> 03:08:53,417
I think I've met with them at

6099
03:08:53,417 --> 03:08:55,417
all times.

6100
03:08:56,154 --> 03:08:56,653
I hear them making dinner while

6101
03:08:56,653 --> 03:08:58,653
answering my questions.

6102
03:08:58,856 --> 03:09:01,256
It's really been remarkable,

6103
03:09:01,359 --> 03:09:03,594
their level of commitment.

6104
03:09:03,594 --> 03:09:05,129
I also want everyone that's on

6105
03:09:05,129 --> 03:09:05,797
their teams to know that they

6106
03:09:05,797 --> 03:09:07,650
always gave credit.

6107
03:09:07,650 --> 03:09:09,267
Because it isn't about the two

6108
03:09:09,267 --> 03:09:09,467
of them that you see sitting

6109
03:09:09,467 --> 03:09:11,200
here.

6110
03:09:11,200 --> 03:09:12,202
Every time I met with them, they

6111
03:09:12,202 --> 03:09:14,720
would give credit to who was

6112
03:09:14,720 --> 03:09:15,773
working on a particular item on

6113
03:09:15,773 --> 03:09:18,109
their team, and made sure that

6114
03:09:18,109 --> 03:09:18,809
we understood how diligently

6115
03:09:18,809 --> 03:09:19,677
they were working as well behind

6116
03:09:19,677 --> 03:09:21,212
the scenes.

6117
03:09:21,212 --> 03:09:22,313
The dedication you showed to

6118
03:09:22,313 --> 03:09:23,280
this board and the people of

6119
03:09:23,280 --> 03:09:26,217
hillsborough county has not gone

6120
03:09:26,217 --> 03:09:27,685
unnoticed and I want to

6121
03:09:27,685 --> 03:09:30,850
personally say thank you.

6122
03:09:31,456 --> 03:09:34,893
I'd also like today to thank ken

6123
03:09:34,893 --> 03:09:36,227
baby and his entire rays

6124
03:09:36,227 --> 03:09:38,196
contract working on this deal

6125
03:09:38,196 --> 03:09:40,732
also heard they duked it out

6126
03:09:40,732 --> 03:09:41,433
behind closed doors and managed

6127
03:09:41,433 --> 03:09:44,201
to stay and they were committed

6128
03:09:44,201 --> 03:09:45,370
to working through these tough

6129
03:09:45,370 --> 03:09:46,771
conversations and also took

6130
03:09:46,771 --> 03:09:48,907
calls at all hours.

6131
03:09:48,907 --> 03:09:51,609
I'm grateful to be here today,

6132
03:09:51,609 --> 03:09:53,378
finally in this moment.

6133
03:09:53,378 --> 03:09:55,113
As was mentioned earlier, in

6134
03:09:55,113 --> 03:09:56,848
JANUARY, this board approved a

6135
03:09:56,848 --> 03:09:58,850
renovation of benchmark arena

6136
03:09:58,850 --> 03:10:00,985
and I said at that time that the

6137
03:10:00,985 --> 03:10:02,920
contract set the bar for what we

6138
03:10:02,920 --> 03:10:03,155
should expect from any future

6139
03:10:03,155 --> 03:10:05,155
partner.

6140
03:10:05,590 --> 03:10:07,192
I meant it and I've held this

6141
03:10:07,192 --> 03:10:08,693
deal against that standard, a

6142
03:10:08,693 --> 03:10:12,300
standard that all seven of us

6143
03:10:12,300 --> 03:10:13,665
agreed to and voted to support.

6144
03:10:13,665 --> 03:10:16,665
That deal provided that private

6145
03:10:17,703 --> 03:10:18,637
contribution of just 25%.

6146
03:10:18,637 --> 03:10:20,338
Previous boards required

6147
03:10:20,338 --> 03:10:22,707
nothing, not a red cent from a

6148
03:10:22,707 --> 03:10:23,708
private entity and as a result,

6149
03:10:23,708 --> 03:10:26,708
we still became tampa bay.

6150
03:10:26,978 --> 03:10:29,681
The rays are offering to fund

6151
03:10:29,681 --> 03:10:33,180
66% of a new public facility, a

6152
03:10:33,180 --> 03:10:35,119
stadium that the county will

6153
03:10:35,119 --> 03:10:36,622
own, and because a 25%

6154
03:10:36,622 --> 03:10:38,560
contribution was enough for the

6155
03:10:38,560 --> 03:10:40,526
lightning, 62% has to be more

6156
03:10:40,526 --> 03:10:43,526
than enough for the rays.

6157
03:10:44,960 --> 03:10:46,640
The team is putting in more than

6158
03:10:46,640 --> 03:10:47,566
$1.3 million, close to

6159
03:10:47,566 --> 03:10:50,102
two-thirds of the cost and

6160
03:10:50,102 --> 03:10:50,536
covering every dollar of

6161
03:10:50,536 --> 03:10:52,536
overrun.

6162
03:10:53,906 --> 03:10:55,607
The county shares capped at $796

6163
03:10:55,607 --> 03:10:57,576
million, $100 million less than

6164
03:10:57,576 --> 03:10:58,611
what was on the table in MAY.

6165
03:10:58,611 --> 03:11:00,880
Hillsborough county will own the

6166
03:11:00,880 --> 03:11:03,448
ball park, collect the rent and

6167
03:11:03,448 --> 03:11:04,817
hold the 35-year agreement that

6168
03:11:04,817 --> 03:11:06,510
keeps the team here.

6169
03:11:06,510 --> 03:11:07,619
I come from plant city, where

6170
03:11:07,619 --> 03:11:09,221
you don't buy the first

6171
03:11:09,221 --> 03:11:11,122
strawberry in the row, and

6172
03:11:11,122 --> 03:11:13,192
district four did not buy the

6173
03:11:13,192 --> 03:11:15,940
first stadium deal either.

6174
03:11:15,940 --> 03:11:18,694
We held out and now tallahassee

6175
03:11:18,864 --> 03:11:19,532
is subsidizing a long-awaited

6176
03:11:19,532 --> 03:11:20,732
road project.

6177
03:11:20,732 --> 03:11:23,469
The deal that was handed in MAY

6178
03:11:23,469 --> 03:11:23,669
is not the deal in front of me

6179
03:11:23,669 --> 03:11:25,669
today.

6180
03:11:26,338 --> 03:11:28,907
It's better in every way.

6181
03:11:28,907 --> 03:11:31,242
The only named project in this

6182
03:11:31,242 --> 03:11:33,450
agreement is livia pinecrest.

6183
03:11:33,450 --> 03:11:35,445
If tallahassee doesn't deliver

6184
03:11:35,848 --> 03:11:38,500
the $900 million fought hard

6185
03:11:38,500 --> 03:11:39,510
for, the county pulls that same

6186
03:11:39,510 --> 03:11:40,186
amount out of the ball park.

6187
03:11:40,186 --> 03:11:41,587
That protection exists because

6188
03:11:41,587 --> 03:11:43,587
we negotiated it.

6189
03:11:44,156 --> 03:11:45,570
That protection is for the

6190
03:11:45,570 --> 03:11:46,526
county taxpayers.

6191
03:11:46,526 --> 03:11:48,894
Before a single public dollar

6192
03:11:48,894 --> 03:11:50,396
moves, the rays have to prove

6193
03:11:50,396 --> 03:11:52,432
their financing is in place.

6194
03:11:52,432 --> 03:11:53,766
If they don't, the money stays

6195
03:11:53,766 --> 03:11:55,766
where it is.

6196
03:11:55,901 --> 03:11:57,360
PRESIDENT Reagan gave us three

6197
03:11:57,360 --> 03:11:59,706
words for exactly this moment,

6198
03:11:59,706 --> 03:12:02,141
and they've held up for 40

6199
03:12:02,141 --> 03:12:04,770
years, "trust but verify."

6200
03:12:04,770 --> 03:12:07,213
I'll be voting yes today because

6201
03:12:07,213 --> 03:12:09,115
i trust the terms are right and

6202
03:12:09,115 --> 03:12:11,317
because 115 acres that currently

6203
03:12:11,317 --> 03:12:12,252
pays us nothing will finally

6204
03:12:12,252 --> 03:12:13,820
start paying fort things we need

6205
03:12:13,820 --> 03:12:16,820
and enjoy across this entire

6206
03:12:18,357 --> 03:12:20,357
county.

6207
03:12:20,860 --> 03:12:22,728
I see commissioner boles has

6208
03:12:22,728 --> 03:12:25,128
gotten in the queue.

6209
03:12:27,266 --> 03:12:27,534
I will wait to call the vote at

6210
03:12:27,534 --> 03:12:29,534
this time.

6211
03:12:29,536 --> 03:12:30,536
>> chris boles: sorry, I was

6212
03:12:30,536 --> 03:12:32,138
writing and thought I pushed the

6213
03:12:32,138 --> 03:12:32,372
button and apparently it didn't

6214
03:12:32,372 --> 03:12:34,307
hold.

6215
03:12:34,307 --> 03:12:34,840
I appreciate all of my fellow

6216
03:12:34,840 --> 03:12:36,840
commissioners' comments.

6217
03:12:39,279 --> 03:12:40,981
I think there's been a number of

6218
03:12:40,981 --> 03:12:43,160
great points made by everyone

6219
03:12:43,160 --> 03:12:45,785
here, and I think tht, you

6220
03:12:45,785 --> 03:12:48,785
know, over the last several

6221
03:12:50,190 --> 03:12:51,591
months, I've been very

6222
03:12:51,591 --> 03:12:53,590
consistent about how I was with

6223
03:12:53,590 --> 03:12:55,128
my position that I wanted to

6224
03:12:55,128 --> 03:12:57,130
look at this and keep an open

6225
03:12:57,130 --> 03:12:58,832
mind about it, and we've to that

6226
03:12:58,832 --> 03:13:00,967
point I think I've done that.

6227
03:13:00,967 --> 03:13:05,767
I do have a couple -- excuse me,

6228
03:13:06,306 --> 03:13:10,506
I do have a couple questions for

6229
03:13:14,281 --> 03:13:16,490
these two nice ladies beside me.

6230
03:13:16,490 --> 03:13:18,218
First, in laura lawson, I don't

6231
03:13:18,218 --> 03:13:19,653
know if she's still here or not.

6232
03:13:19,653 --> 03:13:21,653
She walked out.

6233
03:13:24,724 --> 03:13:26,960
She brought up, MISS Mandel,

6234
03:13:26,960 --> 03:13:27,760
that the tax collector's office

6235
03:13:27,760 --> 03:13:30,197
is going to be demolished and

6236
03:13:30,197 --> 03:13:30,831
destroyed.L,

6237
03:13:30,831 --> 03:13:31,431
that the tax collector's office

6238
03:13:31,431 --> 03:13:31,698
is going to be demolished and

6239
03:13:31,698 --> 03:13:33,698
destroyed.

6240
03:13:34,234 --> 03:13:34,401
Because we rebuilt it ten years

6241
03:13:34,401 --> 03:13:34,968
ago.

6242
03:13:34,968 --> 03:13:36,169
I believe if we recall last

6243
03:13:36,169 --> 03:13:36,370
night, you made a statement to

6244
03:13:36,370 --> 03:13:37,804
that.

6245
03:13:37,804 --> 03:13:38,638
Could we make that statement

6246
03:13:38,638 --> 03:13:40,774
again, to know there's a

6247
03:13:40,774 --> 03:13:40,974
protection there for that of

6248
03:13:40,974 --> 03:13:41,508
sorts?

6249
03:13:41,508 --> 03:13:43,100
>> yes.

6250
03:13:43,100 --> 03:13:45,145
Right now, the tax collector's

6251
03:13:45,145 --> 03:13:45,478
office is under a very long-term

6252
03:13:45,478 --> 03:13:47,478
shes.

6253
03:13:49,216 --> 03:13:53,416
I think the end date is 2063, as

6254
03:13:54,540 --> 03:13:55,422
the end date, and I know they

6255
03:13:55,422 --> 03:13:57,357
have also working with the

6256
03:13:57,357 --> 03:13:58,959
college as it relates to that

6257
03:13:58,959 --> 03:14:00,661
lease, who took that over.

6258
03:14:00,661 --> 03:14:02,290
Right now, I am under no

6259
03:14:02,290 --> 03:14:03,162
understanding and I've had this,

6260
03:14:03,162 --> 03:14:04,465
also this conversation with the

6261
03:14:04,465 --> 03:14:06,700
attorney that's representing the

6262
03:14:06,700 --> 03:14:09,100
tax collector through this

6263
03:14:09,169 --> 03:14:10,571
process that there is any plans

6264
03:14:10,571 --> 03:14:11,839
to demolish that building, that

6265
03:14:11,839 --> 03:14:12,973
that lease will be honored by

6266
03:14:12,973 --> 03:14:14,942
the college.

6267
03:14:14,942 --> 03:14:15,842
Now, certainly, there MAY be

6268
03:14:15,842 --> 03:14:17,411
conversations in the future

6269
03:14:17,411 --> 03:14:19,547
about what could potentially

6270
03:14:19,547 --> 03:14:20,414
happen, but that will be a

6271
03:14:20,414 --> 03:14:23,284
robust discussion that will have

6272
03:14:23,284 --> 03:14:25,285
to include the tax collectors,

6273
03:14:25,285 --> 03:14:26,887
and her staff, so that they can

6274
03:14:26,887 --> 03:14:27,722
feel comfortable with whatever

6275
03:14:27,722 --> 03:14:29,690
decision is made.

6276
03:14:29,690 --> 03:14:32,325
But I also understand that there

6277
03:14:32,325 --> 03:14:34,295
is no plans to even start to

6278
03:14:34,295 --> 03:14:35,329
develop, that's in a phase two

6279
03:14:35,329 --> 03:14:37,197
or phase three those properties

6280
03:14:37,197 --> 03:14:39,197
as of today.

6281
03:14:39,567 --> 03:14:39,867
So that's where that is at this

6282
03:14:39,867 --> 03:14:41,601
moment.

6283
03:14:41,601 --> 03:14:44,939
But they do have that long-term

6284
03:14:44,939 --> 03:14:46,874
lease that will grant them the

6285
03:14:46,874 --> 03:14:47,475
protections moving forward.

6286
03:14:47,475 --> 03:14:49,477
>> chris boles: thank you.

6287
03:14:49,477 --> 03:14:51,879
And of course we can't, we don't

6288
03:14:51,879 --> 03:14:53,147
know -- again, we've all talked

6289
03:14:53,147 --> 03:14:53,480
about speculation, what happens

6290
03:14:53,480 --> 03:14:55,416
in the future.

6291
03:14:55,416 --> 03:14:57,618
We don't know, new governor, new

6292
03:14:57,618 --> 03:14:58,520
legislature, anything could

6293
03:14:58,520 --> 03:14:59,920
happen before that.

6294
03:14:59,920 --> 03:15:00,921
To the same extent, there's

6295
03:15:00,921 --> 03:15:03,921
this, there's been some articles

6296
03:15:04,558 --> 03:15:05,994
in the papers and that have been

6297
03:15:05,994 --> 03:15:08,329
circulating around about the

6298
03:15:08,329 --> 03:15:08,796
department of juvenile justice

6299
03:15:08,796 --> 03:15:10,970
facility as well.

6300
03:15:10,970 --> 03:15:11,733
You claimed last night to have

6301
03:15:11,733 --> 03:15:12,366
some knowledge on that as well?

6302
03:15:12,366 --> 03:15:13,968
>> yes.

6303
03:15:13,968 --> 03:15:15,436
>> chris boles: and as I

6304
03:15:15,436 --> 03:15:16,537
understand, this is something

6305
03:15:16,537 --> 03:15:19,373
that's been in the works, and in

6306
03:15:19,373 --> 03:15:21,642
fact, it even extends over to

6307
03:15:21,642 --> 03:15:22,977
the center that's off of

6308
03:15:22,977 --> 03:15:24,412
columbus avenue as well, that

6309
03:15:24,412 --> 03:15:25,713
even though we broke ground

6310
03:15:25,713 --> 03:15:27,315
there, that they determined I

6311
03:15:27,315 --> 03:15:29,500
think that there's some issues

6312
03:15:29,500 --> 03:15:30,185
with that as well.

6313
03:15:30,185 --> 03:15:32,185
>> yes.

6314
03:15:32,554 --> 03:15:33,154
The site, there's been

6315
03:15:33,154 --> 03:15:35,223
conversations that have been

6316
03:15:35,223 --> 03:15:36,724
ongoing from what I've been told

6317
03:15:36,724 --> 03:15:38,724
through our staff.

6318
03:15:40,795 --> 03:15:41,730
John muller and the department

6319
03:15:41,730 --> 03:15:44,130
of real estate, the

6320
03:15:45,660 --> 03:15:47,466
conversations have been ongoing

6321
03:15:48,203 --> 03:15:49,304
to relocate djj since at least

6322
03:15:49,304 --> 03:15:51,239
2023 and probably before then.

6323
03:15:51,239 --> 03:15:52,340
There was a site from what I

6324
03:15:52,340 --> 03:15:54,576
understand that was identified

6325
03:15:54,576 --> 03:15:55,177
that even I heard broke ground,

6326
03:15:55,177 --> 03:15:57,612
but the problem was there was

6327
03:15:57,612 --> 03:15:59,281
some issues with that site.

6328
03:15:59,281 --> 03:16:01,820
So that has been continuing.

6329
03:16:01,820 --> 03:16:02,751
From what I do also understand

6330
03:16:02,751 --> 03:16:05,253
is, the announcement to move

6331
03:16:05,253 --> 03:16:05,854
them was not something we were

6332
03:16:05,854 --> 03:16:07,422
aware of.

6333
03:16:07,422 --> 03:16:09,523
That just came from the state,

6334
03:16:09,523 --> 03:16:12,927
but we're working with them to

6335
03:16:12,927 --> 03:16:14,730
create both a transition plan

6336
03:16:14,730 --> 03:16:16,970
and find appropriate places for

6337
03:16:16,970 --> 03:16:19,697
them to at some point relocate.

6338
03:16:21,737 --> 03:16:22,371
So we've been working through

6339
03:16:22,371 --> 03:16:23,238
those issues through our staff.

6340
03:16:23,238 --> 03:16:23,938
>> chris boles: it is possible

6341
03:16:23,938 --> 03:16:27,242
this is a coincidence of sorts?

6342
03:16:27,242 --> 03:16:28,143
>> it is my understanding, this

6343
03:16:28,143 --> 03:16:28,710
is what happened.

6344
03:16:28,710 --> 03:16:30,245
>> chris boles: smeone not

6345
03:16:30,245 --> 03:16:32,514
necessarily related to the

6346
03:16:32,514 --> 03:16:34,514
other, thank you.

6347
03:16:36,170 --> 03:16:38,417
Excuse me, very much.

6348
03:16:38,787 --> 03:16:42,257
We're talking about tdt and the

6349
03:16:42,257 --> 03:16:44,590
money that comes from that, and

6350
03:16:44,590 --> 03:16:46,590
certainly commissioner wostal

6351
03:16:47,290 --> 03:16:48,497
pointed out earlier that there's

6352
03:16:48,497 --> 03:16:49,310
going to be bonds that are

6353
03:16:49,310 --> 03:16:51,310
associated with that.

6354
03:16:51,233 --> 03:16:54,569
We don't know what those bond

6355
03:16:54,569 --> 03:16:56,569
ratings are.

6356
03:16:57,239 --> 03:16:58,140
Roughly, MISS Wise, because we

6357
03:16:58,140 --> 03:16:59,274
know this is your area of

6358
03:16:59,274 --> 03:17:01,310
expertise, if we were to pull

6359
03:17:01,310 --> 03:17:01,877
one today, what is the bond

6360
03:17:01,877 --> 03:17:03,444
market for us?

6361
03:17:03,444 --> 03:17:04,313
What is the kind of percentages

6362
03:17:04,313 --> 03:17:06,313
we'd be getting?

6363
03:17:07,750 --> 03:17:08,350
I heard you yesterday, it was

6364
03:17:08,350 --> 03:17:11,350
the worst in possible history

6365
03:17:11,387 --> 03:17:14,557
that we could possibly get was

6366
03:17:14,557 --> 03:17:15,900
today, during the city meeting.

6367
03:17:15,900 --> 03:17:17,900
Is that true?

6368
03:17:17,393 --> 03:17:17,626
Is this the worst time in

6369
03:17:17,626 --> 03:17:19,626
history?

6370
03:17:20,429 --> 03:17:20,863
>> the worst time in restory?

6371
03:17:20,863 --> 03:17:22,631
>> chris boles: yes.

6372
03:17:22,631 --> 03:17:25,935
>> not to my knowledge, no, and

6373
03:17:25,935 --> 03:17:27,469
you know, I think just as an

6374
03:17:27,469 --> 03:17:30,720
aside, because I am so proud of

6375
03:17:30,720 --> 03:17:30,940
our bond ratings, we just,

6376
03:17:30,940 --> 03:17:33,809
thomas just sent you a memo that

6377
03:17:33,809 --> 03:17:36,440
we just had our water and sewer

6378
03:17:36,440 --> 03:17:36,278
bonds upgraded to triple "a"

6379
03:17:36,278 --> 03:17:38,278
rating.

6380
03:17:38,414 --> 03:17:39,782
So the rating on our bonds is

6381
03:17:39,782 --> 03:17:42,182
really paramount to us.

6382
03:17:43,553 --> 03:17:46,889
It is all part of the whole cash

6383
03:17:46,889 --> 03:17:47,290
management that we do for alt

6384
03:17:47,290 --> 03:17:49,290
projects.

6385
03:17:49,724 --> 03:17:53,324
>> chris boles: so but with the

6386
03:17:54,397 --> 03:17:55,832
tdt money, which is also

6387
03:17:55,832 --> 03:17:58,634
referred to kind of uf minimum

6388
03:17:58,634 --> 03:18:00,436
of "bed tax," right?

6389
03:18:00,436 --> 03:18:04,360
We talk about heads in beds.

6390
03:18:04,240 --> 03:18:04,507
Heads in beds is what comes from

6391
03:18:04,507 --> 03:18:06,507
visitors.

6392
03:18:06,942 --> 03:18:09,345
I thought I heard and maybe I

6393
03:18:09,345 --> 03:18:10,445
misunderstood but earlier

6394
03:18:10,445 --> 03:18:11,180
someone say that we were bonding

6395
03:18:11,180 --> 03:18:12,150
the cit.

6396
03:18:12,150 --> 03:18:13,149
That's not the cas.

6397
03:18:13,149 --> 03:18:14,883
We're not bonded.

6398
03:18:14,883 --> 03:18:17,587
That's a pay as we go and that's

6399
03:18:17,587 --> 03:18:18,921
the $90 million per year as we

6400
03:18:18,921 --> 03:18:19,321
are going forward for another

6401
03:18:19,321 --> 03:18:21,321
four years.

6402
03:18:21,457 --> 03:18:23,726
>> right, and if we were ever to

6403
03:18:23,726 --> 03:18:25,762
do something like that, we have

6404
03:18:25,762 --> 03:18:27,597
so many options we would never

6405
03:18:27,597 --> 03:18:28,397
bond on a long-term basis for

6406
03:18:28,397 --> 03:18:30,397
that purpose.

6407
03:18:30,533 --> 03:18:32,902
We have our commercial paper

6408
03:18:32,902 --> 03:18:34,204
program for any kind of

6409
03:18:34,204 --> 03:18:37,204
short-term needs we have which

6410
03:18:38,307 --> 03:18:38,675
we ute slides at the county from

6411
03:18:38,675 --> 03:18:40,543
time to time.

6412
03:18:40,543 --> 03:18:41,277
>> chris boles: you can leave

6413
03:18:41,277 --> 03:18:43,277
that on.

6414
03:18:44,981 --> 03:18:46,916
I'll ask another question.

6415
03:18:46,916 --> 03:18:49,916
We've bonded one water plant.

6416
03:18:50,190 --> 03:18:51,421
It's not ad valorem dollars.

6417
03:18:51,421 --> 03:18:53,356
It's an enterprise fund but this

6418
03:18:53,356 --> 03:18:54,157
is a common practice we do and

6419
03:18:54,157 --> 03:18:56,557
governments do quite often.

6420
03:18:57,160 --> 03:18:58,327
>> it is, because you want to

6421
03:18:58,327 --> 03:19:00,330
ensure if you're going to bond,

6422
03:19:00,330 --> 03:19:03,990
you don't want to bond longer

6423
03:19:03,990 --> 03:19:03,299
than the useful life of your

6424
03:19:03,299 --> 03:19:04,634
asset.

6425
03:19:04,634 --> 03:19:07,634
So it's something that we're

6426
03:19:11,975 --> 03:19:13,143
always looking at.

6427
03:19:13,143 --> 03:19:16,450
Right, before you asked the

6428
03:19:16,450 --> 03:19:19,450
question, we were planning to

6429
03:19:19,583 --> 03:19:21,852
bond about 30, 35 years, which

6430
03:19:21,852 --> 03:19:22,185
would not exceed the life of the

6431
03:19:22,185 --> 03:19:22,619
asset.

6432
03:19:22,619 --> 03:19:24,619
Yes.

6433
03:19:26,590 --> 03:19:28,958
>> chris boles: we earlier

6434
03:19:28,958 --> 03:19:30,961
determined that to be 50 years?

6435
03:19:30,961 --> 03:19:31,828
>> yes, hoping.

6436
03:19:31,828 --> 03:19:34,228
>> chris boles: okay, talked

6437
03:19:35,198 --> 03:19:37,198
about ILAs.

6438
03:19:37,401 --> 03:19:39,236
Is it possible -- what kind of

6439
03:19:39,236 --> 03:19:41,672
information -- I want to go back

6440
03:19:41,672 --> 03:19:43,730
to MISS Mandell, maybe one of

6441
03:19:43,730 --> 03:19:45,175
the guys over there.

6442
03:19:45,175 --> 03:19:47,344
What kind of -- can different

6443
03:19:47,344 --> 03:19:48,278
elements be added to the ila

6444
03:19:48,278 --> 03:19:50,678
that enhance the developer

6445
03:19:51,181 --> 03:19:52,882
agreement in a way?

6446
03:19:52,882 --> 03:19:55,152
>> well, let me just mae sure I

6447
03:19:55,152 --> 03:19:55,885
understand which ila you'd be

6448
03:19:55,885 --> 03:19:56,920
talking about.

6449
03:19:56,920 --> 03:19:58,920
>> chris boles: any.

6450
03:19:59,256 --> 03:20:01,125
>> any ila allows you pursuant

6451
03:20:01,125 --> 03:20:01,992
to statute to put in provisions

6452
03:20:01,992 --> 03:20:05,620
to manage whatever it is the

6453
03:20:05,620 --> 03:20:08,620
deal you're trying to structure.

6454
03:20:08,299 --> 03:20:10,601
>> chris boles: we could make an

6455
03:20:10,601 --> 03:20:12,360
ila agreement, I'll use the word

6456
03:20:12,360 --> 03:20:13,737
enhance but not necessarily drop

6457
03:20:13,737 --> 03:20:16,137
below what this developer

6458
03:20:16,473 --> 03:20:17,740
agreement has, is that correct?

6459
03:20:17,740 --> 03:20:18,308
If there's a standard in the

6460
03:20:18,308 --> 03:20:19,760
developer agreement --

6461
03:20:19,760 --> 03:20:20,177
>> there's opportunities to have

6462
03:20:20,177 --> 03:20:21,946
the conversations but we have to

6463
03:20:21,946 --> 03:20:23,681
keep in mind they have to relate

6464
03:20:23,681 --> 03:20:25,516
to this agreement, which has

6465
03:20:25,516 --> 03:20:27,317
provisions on millage, those

6466
03:20:27,317 --> 03:20:28,819
can't change, but anything that

6467
03:20:28,819 --> 03:20:30,721
is something that we could look

6468
03:20:30,721 --> 03:20:31,989
at different ratios and how we

6469
03:20:31,989 --> 03:20:35,589
manage ratios, I think those are

6470
03:20:36,560 --> 03:20:37,561
something we can discuss.

6471
03:20:37,561 --> 03:20:39,163
>> chris boles: what constitutes

6472
03:20:39,163 --> 03:20:41,163
a construction savings?

6473
03:20:43,600 --> 03:20:46,237
We've talked about that earlier.

6474
03:20:46,237 --> 03:20:47,939
We talked about MR. Horadel

6475
03:20:47,939 --> 03:20:49,574
talked about enhanced savings

6476
03:20:49,574 --> 03:20:51,275
and value engineering.

6477
03:20:51,275 --> 03:20:52,643
We hear these terms quite often

6478
03:20:52,643 --> 03:20:54,912
but where do those come from?

6479
03:20:54,912 --> 03:20:56,314
How can we get those, and who

6480
03:20:56,314 --> 03:20:57,715
gets first dibs on the savings?

6481
03:20:57,715 --> 03:21:01,315
Does that come to the taxpayers

6482
03:21:03,200 --> 03:21:06,757
or does that come to the team?

6483
03:21:06,757 --> 03:21:07,925
Or team co, whichever co is the

6484
03:21:07,925 --> 03:21:09,560
one who would get that?

6485
03:21:09,560 --> 03:21:10,361
>> yes, commissioner.

6486
03:21:10,361 --> 03:21:12,361
Good question.

6487
03:21:13,131 --> 03:21:14,980
We have had extensive

6488
03:21:14,980 --> 03:21:16,498
discussions about how those

6489
03:21:16,501 --> 03:21:19,300
funds might be apportioned on a

6490
03:21:19,300 --> 03:21:21,300
savings basis.

6491
03:21:21,506 --> 03:21:24,800
We believe that there's a value

6492
03:21:24,800 --> 03:21:25,910
in having the public areas come

6493
03:21:25,910 --> 03:21:27,846
back to the public entities that

6494
03:21:27,846 --> 03:21:28,679
are funding.

6495
03:21:28,679 --> 03:21:31,480
So it would really be an

6496
03:21:31,480 --> 03:21:34,480
analysis of what the stadium

6497
03:21:34,318 --> 03:21:34,685
construction proportional share

6498
03:21:34,685 --> 03:21:36,870
might look like.

6499
03:21:36,870 --> 03:21:37,489
If for example, just to use a

6500
03:21:37,489 --> 03:21:41,890
broad example if there's a roof

6501
03:21:43,561 --> 03:21:46,561
that we say could save $300

6502
03:21:47,799 --> 03:21:49,134
million, then we would suggest

6503
03:21:49,134 --> 03:21:51,670
that the savings apportioned to

6504
03:21:51,670 --> 03:21:53,305
the public side on a percentage

6505
03:21:53,305 --> 03:21:54,406
basis come back to the public

6506
03:21:54,406 --> 03:21:55,440
entities and on the private

6507
03:21:55,440 --> 03:21:57,509
side, they could realize some of

6508
03:21:57,509 --> 03:21:59,977
the benefit of that as well.

6509
03:21:59,977 --> 03:22:01,120
So those are some of the points

6510
03:22:01,120 --> 03:22:04,120
that we continue to have

6511
03:22:04,248 --> 03:22:07,848
discussions about, and as we go

6512
03:22:09,687 --> 03:22:11,323
through the process of approving

6513
03:22:11,323 --> 03:22:13,458
the design and looking at

6514
03:22:13,458 --> 03:22:14,590
construction documents, those

6515
03:22:14,590 --> 03:22:16,395
are questions we'll make sure

6516
03:22:16,395 --> 03:22:18,395
get answered.

6517
03:22:20,198 --> 03:22:21,566
Our position is the public

6518
03:22:21,566 --> 03:22:23,135
entities need to have savings

6519
03:22:23,135 --> 03:22:25,837
accrue to them based upon the

6520
03:22:25,837 --> 03:22:26,700
public percentage of the

6521
03:22:26,700 --> 03:22:26,972
project.

6522
03:22:26,972 --> 03:22:28,206
>> chris boles: maybe part of

6523
03:22:28,206 --> 03:22:29,700
the construction trust agreement

6524
03:22:29,700 --> 03:22:30,742
or is that part of something

6525
03:22:30,742 --> 03:22:31,760
that we don't have in font of

6526
03:22:31,760 --> 03:22:32,443
us today?

6527
03:22:32,443 --> 03:22:32,711
That's why I'm asking this

6528
03:22:32,711 --> 03:22:34,179
question.

6529
03:22:34,179 --> 03:22:36,579
It hasn't been addressed.

6530
03:22:37,983 --> 03:22:39,585
>> correct.

6531
03:22:39,585 --> 03:22:41,190
>> the way it is structured we

6532
03:22:41,190 --> 03:22:44,190
have our monies separated, city

6533
03:22:44,590 --> 03:22:47,590
money, county money, stad co

6534
03:22:47,759 --> 03:22:50,562
money into separate accounts and

6535
03:22:50,562 --> 03:22:53,665
that will be spent and refunded

6536
03:22:53,665 --> 03:22:54,833
pursuant to tat construction

6537
03:22:54,833 --> 03:22:56,833
trust agreement.

6538
03:22:57,369 --> 03:23:00,171
The term parapursue, I learned a

6539
03:23:00,171 --> 03:23:02,607
lot about parapursue, it means

6540
03:23:02,607 --> 03:23:05,900
each comes in and then the

6541
03:23:05,900 --> 03:23:08,900
proportionality is sent out both

6542
03:23:08,180 --> 03:23:09,982
going towards this project and

6543
03:23:09,982 --> 03:23:12,884
coming back if there's savings.

6544
03:23:12,884 --> 03:23:14,987
>> chris boles: I had a question

6545
03:23:14,987 --> 03:23:15,254
about that over the weekend you

6546
03:23:15,254 --> 03:23:16,322
addressed.

6547
03:23:16,322 --> 03:23:17,689
>> yes.

6548
03:23:17,689 --> 03:23:20,920
>> chris boles: alright, and I

6549
03:23:20,920 --> 03:23:21,460
had a lot of little scribbles

6550
03:23:21,460 --> 03:23:23,460
over here.

6551
03:23:23,829 --> 03:23:23,996
and the one thing, where is tom

6552
03:23:23,996 --> 03:23:25,996
at?

6553
03:23:29,100 --> 03:23:32,700
MAY you come to the podium, tom,

6554
03:23:32,700 --> 03:23:33,305
MR. Fessler.

6555
03:23:33,305 --> 03:23:36,905
Again, there was a reference to

6556
03:23:38,440 --> 03:23:41,440
how the team represented some

6557
03:23:43,549 --> 03:23:45,117
growth of the cit and we were

6558
03:23:45,117 --> 03:23:47,850
going to nibble into that so we

6559
03:23:47,850 --> 03:23:49,485
wouldn't get into expectations.

6560
03:23:51,324 --> 03:23:54,924
I think we have aseen economic

6561
03:23:59,431 --> 03:24:00,666
shrinkage, going below sub zero,

6562
03:24:00,666 --> 03:24:02,134
the lines, so it's not happening

6563
03:24:02,134 --> 03:24:02,335
as quickly as we thought it

6564
03:24:02,335 --> 03:24:03,569
will.

6565
03:24:03,569 --> 03:24:04,369
Those are things that are out of

6566
03:24:04,369 --> 03:24:06,369
our control.

6567
03:24:08,207 --> 03:24:08,841
Those are national, gdp,

6568
03:24:08,841 --> 03:24:10,643
interest rates, mortgage and all

6569
03:24:10,643 --> 03:24:12,450
of those kind of things.

6570
03:24:12,450 --> 03:24:14,814
Is there any expected growth at

6571
03:24:14,814 --> 03:24:17,317
all that we see that even gets

6572
03:24:17,317 --> 03:24:20,486
close or even over zero on this?

6573
03:24:20,486 --> 03:24:23,890
I mean, there's got to be some

6574
03:24:23,890 --> 03:24:23,923
expectation of some type of

6575
03:24:23,923 --> 03:24:25,923
growth.

6576
03:24:27,493 --> 03:24:27,694
Have we baked that into any

6577
03:24:27,694 --> 03:24:29,694
cake?

6578
03:24:29,729 --> 03:24:30,329
>> you're talking about?

6579
03:24:30,329 --> 03:24:32,729
>> chris boles: cit dollars.

6580
03:24:33,365 --> 03:24:34,000
>> as part of economic growth?

6581
03:24:34,000 --> 03:24:34,767
>> chris boles: it all kind of

6582
03:24:34,767 --> 03:24:36,767
folds in together.

6583
03:24:36,870 --> 03:24:39,870
People if they don't spend

6584
03:24:40,540 --> 03:24:42,708
money, we don't get cit dollars

6585
03:24:42,708 --> 03:24:43,800
because it all comes from tax

6586
03:24:43,800 --> 03:24:44,544
dollars.

6587
03:24:44,544 --> 03:24:47,280
The point being is that we've

6588
03:24:47,280 --> 03:24:49,749
all talked about that, at some

6589
03:24:49,749 --> 03:24:52,118
point, that we can't expect some

6590
03:24:52,118 --> 03:24:54,587
type of moderate growth or

6591
03:24:54,587 --> 03:24:55,588
something, and there was this

6592
03:24:55,588 --> 03:24:59,188
little slush on top that it

6593
03:25:00,260 --> 03:25:01,828
seems that's going to be

6594
03:25:01,828 --> 03:25:02,596
evaporating or is that still

6595
03:25:02,596 --> 03:25:04,463
going to be there?

6596
03:25:04,463 --> 03:25:06,199
>> if I'm understanding your

6597
03:25:06,199 --> 03:25:07,133
question, commissioner, the

6598
03:25:07,133 --> 03:25:08,680
sales tax.

6599
03:25:08,680 --> 03:25:09,202
>> chris boles: repredict the

6600
03:25:09,202 --> 03:25:10,769
future a couple years out.

6601
03:25:10,769 --> 03:25:14,307
>> right, when we built the cit,

6602
03:25:14,307 --> 03:25:16,143
we built it on a 3% growth rate.

6603
03:25:16,143 --> 03:25:17,110
And we did that to be

6604
03:25:17,110 --> 03:25:18,745
conservative, because on the

6605
03:25:18,745 --> 03:25:19,412
current cit that we're in the

6606
03:25:19,412 --> 03:25:21,581
middle of right now, that is

6607
03:25:21,581 --> 03:25:24,751
going to be ending at the end of

6608
03:25:24,751 --> 03:25:26,119
the next couple of months, over

6609
03:25:26,119 --> 03:25:29,189
the life of that, over the

6610
03:25:29,189 --> 03:25:30,624
30-year life of that, the

6611
03:25:30,624 --> 03:25:31,391
average growth has been about

6612
03:25:31,391 --> 03:25:33,391
4.3% a year.

6613
03:25:33,460 --> 03:25:34,928
So we built the current one on

6614
03:25:34,928 --> 03:25:36,830
3% growth.

6615
03:25:36,830 --> 03:25:39,867
So we would hope that as we move

6616
03:25:39,867 --> 03:25:40,834
forward, based on that

6617
03:25:40,834 --> 03:25:42,350
conservative estimate, that we

6618
03:25:42,350 --> 03:25:43,170
would have some additional

6619
03:25:43,170 --> 03:25:44,938
dollars that would show up,

6620
03:25:44,938 --> 03:25:45,873
because the growth would be,

6621
03:25:45,873 --> 03:25:48,873
average growth would be somewhat

6622
03:25:49,576 --> 03:25:51,576
greater than the 3%.

6623
03:25:52,812 --> 03:25:55,349
Right now we're in a downcycle

6624
03:25:55,349 --> 03:25:58,986
but with sales tax is goes up

6625
03:25:58,986 --> 03:26:00,854
and down, typically more

6626
03:26:00,854 --> 03:26:02,623
volatility than something say

6627
03:26:02,623 --> 03:26:04,191
like property taxes.

6628
03:26:04,191 --> 03:26:04,792
>> chris boles: right, and this

6629
03:26:04,792 --> 03:26:06,260
is only for 15 years.

6630
03:26:06,260 --> 03:26:08,128
I think you answered the

6631
03:26:08,128 --> 03:26:10,164
question, unless greg, are you

6632
03:26:10,164 --> 03:26:12,164
referencing something, greg?

6633
03:26:12,432 --> 03:26:15,168
>> yes, we do expect there to be

6634
03:26:15,168 --> 03:26:17,568
additional dollars generated for

6635
03:26:17,805 --> 03:26:20,574
cit as a result of this project.

6636
03:26:20,574 --> 03:26:22,109
So again, there are other, as

6637
03:26:22,109 --> 03:26:24,770
you raised it, little bits that

6638
03:26:24,770 --> 03:26:26,770
will come in.

6639
03:26:26,113 --> 03:26:26,747
We cannot tell you with

6640
03:26:26,747 --> 03:26:28,983
certainty exactly what those are

6641
03:26:28,983 --> 03:26:31,510
going to be over the 15 years,

6642
03:26:31,510 --> 03:26:33,620
but we have an estimate.

6643
03:26:33,620 --> 03:26:35,589
There will be an increase over

6644
03:26:35,589 --> 03:26:37,925
what we would ordinarily see.

6645
03:26:37,925 --> 03:26:38,559
>> chris boles: yes, and no one

6646
03:26:38,559 --> 03:26:39,726
can prognosticate what's going

6647
03:26:39,726 --> 03:26:41,726
to happen, right?

6648
03:26:44,265 --> 03:26:44,464
We'd all be millionaires if we

6649
03:26:44,464 --> 03:26:46,234
could.

6650
03:26:46,234 --> 03:26:46,867
That being the case, that's all

6651
03:26:46,867 --> 03:26:47,468
i have for you all.

6652
03:26:47,468 --> 03:26:49,300
Thank you.

6653
03:26:49,300 --> 03:26:49,369
I appreciate it, and you, too,

6654
03:26:49,369 --> 03:26:51,369
as well.

6655
03:26:53,140 --> 03:26:55,540
Thank you very much.

6656
03:26:56,310 --> 03:26:56,844
You know, come friday, we got a

6657
03:26:56,844 --> 03:26:58,844
document dump.

6658
03:26:58,979 --> 03:27:00,347
We're on a timeline that we had

6659
03:27:00,347 --> 03:27:02,249
no control over.

6660
03:27:02,249 --> 03:27:05,219
I would say, or we actually did

6661
03:27:05,219 --> 03:27:08,819
have control over it but we

6662
03:27:10,191 --> 03:27:11,792
chose to acquiesce and we

6663
03:27:11,792 --> 03:27:12,693
decided to let things happen as

6664
03:27:12,693 --> 03:27:14,395
they were.

6665
03:27:14,395 --> 03:27:15,290
And we are pushed with these

6666
03:27:15,290 --> 03:27:16,630
documents and on friday, when I

6667
03:27:16,630 --> 03:27:19,330
went through and I looked at

6668
03:27:19,330 --> 03:27:21,569
them and then kind of was a

6669
03:27:21,569 --> 03:27:23,437
little upset that I think as

6670
03:27:23,437 --> 03:27:24,771
many people were not just here

6671
03:27:24,771 --> 03:27:26,941
at this board but the city of

6672
03:27:26,941 --> 03:27:27,475
tampa and whether you're for or

6673
03:27:27,475 --> 03:27:28,576
against it, it was a lot.

6674
03:27:28,576 --> 03:27:30,144
It was a lot to go through.

6675
03:27:30,144 --> 03:27:33,647
I think you all admit that.

6676
03:27:33,647 --> 03:27:36,490
If you didn't read it, I think

6677
03:27:36,490 --> 03:27:37,184
that's, you know, that's

6678
03:27:37,184 --> 03:27:39,254
derelict, but I would assume

6679
03:27:39,254 --> 03:27:41,823
that we all read it.

6680
03:27:41,823 --> 03:27:43,157
And what I did is I spent my

6681
03:27:43,157 --> 03:27:45,860
entire weekend, which you know,

6682
03:27:45,860 --> 03:27:47,328
I was elected to do and I don't

6683
03:27:47,328 --> 03:27:49,328
work hours 8:00 to 5:00.

6684
03:27:49,997 --> 03:27:53,301
I work as I need to do so, and

6685
03:27:53,301 --> 03:27:56,104
part of that was coming up with

6686
03:27:56,104 --> 03:27:57,606
a number of questions on things

6687
03:27:57,606 --> 03:28:00,108
that I had sticking points on.

6688
03:28:00,108 --> 03:28:03,708
Each one of those questions I

6689
03:28:04,479 --> 03:28:06,481
sent to bonnie and to julia, and

6690
03:28:06,481 --> 03:28:09,490
I kind of went through each one

6691
03:28:09,490 --> 03:28:11,852
of these things and I apologize

6692
03:28:11,852 --> 03:28:13,988
for mucking up your weekend, but

6693
03:28:13,988 --> 03:28:16,491
I think some of those questions

6694
03:28:16,491 --> 03:28:18,360
is what ended up delaying the

6695
03:28:18,360 --> 03:28:20,896
document coming out even later,

6696
03:28:20,896 --> 03:28:25,000
because a lot of those were very

6697
03:28:25,000 --> 03:28:26,334
detailed and I think that

6698
03:28:26,334 --> 03:28:28,769
between -- they were spread out

6699
03:28:28,769 --> 03:28:29,971
from saturday even to monday

6700
03:28:29,971 --> 03:28:31,506
that you were still in

6701
03:28:31,506 --> 03:28:33,275
negotiations with both the rays

6702
03:28:33,275 --> 03:28:36,177
and both with the city on how

6703
03:28:36,177 --> 03:28:38,120
these would all be integrated

6704
03:28:38,120 --> 03:28:38,280
and could be, make these

6705
03:28:38,280 --> 03:28:40,280
changes.

6706
03:28:42,584 --> 03:28:44,186
What came out tuesday,

6707
03:28:44,186 --> 03:28:44,282
substantially changed those, the

6708
03:28:44,282 --> 03:28:46,282
-

6709
03:28:48,157 --> 03:28:50,325
agreement and I think that we

6710
03:28:50,325 --> 03:28:51,527
talked about ai earlier,

6711
03:28:51,527 --> 03:28:55,127
apparently ken uses it to look

6712
03:28:55,697 --> 03:28:56,731
at stats, but I used it as a

6713
03:28:56,731 --> 03:28:57,999
data tool to look at the

6714
03:28:57,999 --> 03:28:58,533
questions I had versus the

6715
03:28:58,533 --> 03:29:00,168
document.

6716
03:29:00,168 --> 03:29:01,970
Stuck the two together and about

6717
03:29:01,970 --> 03:29:03,873
90% of the things that I asked

6718
03:29:03,873 --> 03:29:06,873
for were integrated in there.

6719
03:29:07,420 --> 03:29:08,611
I want to thank both of you for

6720
03:29:08,611 --> 03:29:09,811
doing that.

6721
03:29:09,811 --> 03:29:11,914
It really speaks to you

6722
03:29:11,914 --> 03:29:14,914
listening to what I had.

6723
03:29:15,985 --> 03:29:17,419
Part of this whole process for

6724
03:29:17,419 --> 03:29:18,453
anyone that is listening is that

6725
03:29:18,453 --> 03:29:19,421
my previous experience in the

6726
03:29:19,421 --> 03:29:21,790
fire services taught me that

6727
03:29:21,790 --> 03:29:24,790
sound decisions begin with a

6728
03:29:25,293 --> 03:29:25,561
comprehensive assessment of any

6729
03:29:25,561 --> 03:29:27,328
situation.

6730
03:29:27,328 --> 03:29:30,266
And then that assessment is then

6731
03:29:30,266 --> 03:29:31,100
followed up by a reassessment as

6732
03:29:31,100 --> 03:29:33,100
conditions change, and

6733
03:29:34,369 --> 03:29:35,537
certainly, we've seen these

6734
03:29:35,537 --> 03:29:37,306
conditions change from JANUARY,

6735
03:29:37,306 --> 03:29:37,606
FEBRUARY, MARCH, all the way to

6736
03:29:37,606 --> 03:29:39,750
today.

6737
03:29:39,750 --> 03:29:42,578
And in the fire service we call

6738
03:29:42,578 --> 03:29:45,578
that a 360-degree size up.

6739
03:29:45,748 --> 03:29:47,216
That's how I have evaluated this

6740
03:29:47,216 --> 03:29:48,817
argument, agreement, excused me,

6741
03:29:48,817 --> 03:29:49,352
and kind of fashioned my

6742
03:29:49,352 --> 03:29:51,520
arguments on this.

6743
03:29:51,520 --> 03:29:53,189
For months, I wanted to know the

6744
03:29:53,189 --> 03:29:55,491
details and the economics, the

6745
03:29:55,491 --> 03:29:56,892
protections and the returns and

6746
03:29:56,892 --> 03:29:57,393
those that were placed in the

6747
03:29:57,393 --> 03:29:59,270
documents.

6748
03:29:59,270 --> 03:30:01,427
We got those friday.

6749
03:30:02,531 --> 03:30:02,731
I was not very happy, but we got

6750
03:30:02,731 --> 03:30:04,731
them.

6751
03:30:06,134 --> 03:30:06,335
it took some time to look over

6752
03:30:06,335 --> 03:30:08,335
those.

6753
03:30:08,704 --> 03:30:11,573
It didn't meet my standard and I

6754
03:30:11,573 --> 03:30:15,110
publicly said I was a no.

6755
03:30:15,110 --> 03:30:15,745
Come tuesday I'm thinking, is it

6756
03:30:15,745 --> 03:30:17,647
tuesday, I can't remember it's

6757
03:30:17,647 --> 03:30:19,682
been a whirlwind but come

6758
03:30:19,682 --> 03:30:22,118
earlier this week, we have

6759
03:30:22,118 --> 03:30:22,551
gotten new documents and I was

6760
03:30:22,551 --> 03:30:23,886
able to read those.

6761
03:30:23,886 --> 03:30:24,320
Last week, that was about

6762
03:30:24,320 --> 03:30:26,220
political theater.

6763
03:30:26,220 --> 03:30:28,825
It wasn't a negotiation tactic,

6764
03:30:28,825 --> 03:30:29,250
because I'm not negotiating with

6765
03:30:29,250 --> 03:30:29,592
them.

6766
03:30:29,592 --> 03:30:30,892
You are.

6767
03:30:30,892 --> 03:30:33,263
It was my honest assessment of

6768
03:30:33,263 --> 03:30:33,529
the proposal as it existed at

6769
03:30:33,529 --> 03:30:35,297
the time.

6770
03:30:35,297 --> 03:30:37,000
The county was being asked to

6771
03:30:37,000 --> 03:30:37,901
assume too much risk without

6772
03:30:37,901 --> 03:30:39,869
sufficient certainty about

6773
03:30:39,869 --> 03:30:41,869
private financing, surrounding

6774
03:30:41,938 --> 03:30:43,938
development, future obligations

6775
03:30:44,874 --> 03:30:45,141
and the return to county

6776
03:30:45,141 --> 03:30:47,141
taxpayers.

6777
03:30:47,243 --> 03:30:49,345
I raised those questions and

6778
03:30:49,345 --> 03:30:51,314
again, you two obviously took

6779
03:30:51,314 --> 03:30:51,647
care of those and again, I'm

6780
03:30:51,647 --> 03:30:53,416
very grateful.

6781
03:30:53,416 --> 03:30:54,951
I think the agreement we have

6782
03:30:54,951 --> 03:30:55,185
before us is certainly better

6783
03:30:55,185 --> 03:30:57,520
today.

6784
03:30:57,520 --> 03:30:58,870
I think the private financing

6785
03:30:58,870 --> 03:30:59,155
requirements have been

6786
03:30:59,155 --> 03:31:00,290
strengthened, the private

6787
03:31:00,290 --> 03:31:01,624
parties bear greater

6788
03:31:01,624 --> 03:31:03,260
responsibility for cost overruns

6789
03:31:03,260 --> 03:31:05,161
and performance, and

6790
03:31:05,161 --> 03:31:07,630
enforcement, not a relocation

6791
03:31:07,630 --> 03:31:08,398
protections have been added, the

6792
03:31:08,398 --> 03:31:10,266
rental structure provides a

6793
03:31:10,266 --> 03:31:12,666
defined revenue stream from $1

6794
03:31:14,170 --> 03:31:16,706
to $4 million with the cpi that

6795
03:31:16,706 --> 03:31:17,240
can replenish county funds

6796
03:31:17,240 --> 03:31:17,773
committed to the project.

6797
03:31:17,773 --> 03:31:18,374
However, I do still have

6798
03:31:18,374 --> 03:31:20,374
concerns.

6799
03:31:20,810 --> 03:31:22,812
County is the majority public

6800
03:31:22,812 --> 03:31:24,460
contributor, wlil much of the

6801
03:31:24,460 --> 03:31:25,181
expected return depends on the

6802
03:31:25,181 --> 03:31:27,117
surrounding development which is

6803
03:31:27,117 --> 03:31:27,417
what I look at this as a real

6804
03:31:27,417 --> 03:31:29,152
estate deal.

6805
03:31:29,152 --> 03:31:32,288
This isn't a ball park deal.

6806
03:31:32,288 --> 03:31:33,256
I know that we've talked about,

6807
03:31:33,256 --> 03:31:33,991
commissioner hagan said this is

6808
03:31:33,991 --> 03:31:34,491
the catalyst.

6809
03:31:34,491 --> 03:31:36,326
I agree.

6810
03:31:36,326 --> 03:31:39,326
I have a 12-year-old daughter.

6811
03:31:39,462 --> 03:31:41,531
When she was very young, I used

6812
03:31:41,531 --> 03:31:42,732
to her this book called "the

6813
03:31:42,732 --> 03:31:44,367
giving tree."

6814
03:31:44,367 --> 03:31:45,302
anyone who has a child you know

6815
03:31:45,302 --> 03:31:46,203
what the booing is about, plant

6816
03:31:46,203 --> 03:31:50,240
a seed, let it grow and it gives

6817
03:31:50,240 --> 03:31:51,141
back over time.

6818
03:31:51,141 --> 03:31:51,475
In a way, this park is like "the

6819
03:31:51,475 --> 03:31:53,343
giving tree."

6820
03:31:53,343 --> 03:31:55,343
it could be.

6821
03:32:20,700 --> 03:32:20,804
>> as I continue to look at

6822
03:32:20,804 --> 03:32:22,372
this, we have to think about

6823
03:32:22,372 --> 03:32:24,700
that the mixed development is

6824
03:32:24,700 --> 03:32:25,309
not just a side issue and the

6825
03:32:25,309 --> 03:32:27,745
development risk remains but the

6826
03:32:27,745 --> 03:32:29,179
revised agreement kind of links

6827
03:32:29,179 --> 03:32:32,179
that public return through that

6828
03:32:32,917 --> 03:32:35,917
investment process, or the, not

6829
03:32:38,522 --> 03:32:39,957
the investment, the tiered

6830
03:32:39,957 --> 03:32:41,726
appendix that's if the back.

6831
03:32:41,726 --> 03:32:42,826
It provides -- in the back.

6832
03:32:42,826 --> 03:32:44,694
It doesn't guarantee the

6833
03:32:44,694 --> 03:32:46,163
development, and I was kind of

6834
03:32:46,163 --> 03:32:47,765
slitly disappointed, but I

6835
03:32:47,765 --> 03:32:50,434
understand this, and I think

6836
03:32:50,434 --> 03:32:52,690
that the, the rays and certainly

6837
03:32:52,690 --> 03:32:52,870
their ownership, they're all

6838
03:32:52,870 --> 03:32:54,272
real state developers.

6839
03:32:54,272 --> 03:32:56,307
This ask where they're making --

6840
03:32:56,307 --> 03:32:56,707
this is where they're making

6841
03:32:56,707 --> 03:32:58,142
money.

6842
03:32:58,142 --> 03:33:01,742
They got a 99-year lease with

6843
03:33:01,879 --> 03:33:02,280
hcc and the state, they own the

6844
03:33:02,280 --> 03:33:02,713
pads.

6845
03:33:02,713 --> 03:33:04,810
At least the dirt.

6846
03:33:04,810 --> 03:33:05,283
The pads is where they're going

6847
03:33:05,283 --> 03:33:06,484
to make the money on.

6848
03:33:06,484 --> 03:33:07,485
Right?

6849
03:33:07,485 --> 03:33:09,754
And ultimately that's where we

6850
03:33:09,754 --> 03:33:11,622
are going to make the money on.

6851
03:33:11,622 --> 03:33:13,290
so it doesn't, it's not

6852
03:33:13,290 --> 03:33:14,258
considered the, you know, the

6853
03:33:14,258 --> 03:33:16,258
larger unproducted structure

6854
03:33:16,461 --> 03:33:17,628
that was before us --

6855
03:33:17,628 --> 03:33:19,897
unprotected structure that was

6856
03:33:19,897 --> 03:33:21,298
before us, and that concern

6857
03:33:21,298 --> 03:33:23,698
again is not new.

6858
03:33:24,350 --> 03:33:26,471
And in fact in JUNE I spoke to

6859
03:33:26,471 --> 03:33:27,539
bonnie about, I proffered a

6860
03:33:27,539 --> 03:33:29,240
thought experiment with bonnie

6861
03:33:29,240 --> 03:33:30,407
in JUNE because in JUNE we all

6862
03:33:30,407 --> 03:33:31,409
saw what was going on with the

6863
03:33:31,409 --> 03:33:33,409
city of tampa.

6864
03:33:34,912 --> 03:33:36,114
City of tampa dropped the ball

6865
03:33:36,114 --> 03:33:37,549
with a cra.

6866
03:33:37,549 --> 03:33:39,450
In my opinion.

6867
03:33:39,450 --> 03:33:41,653
They didn't send up the, the

6868
03:33:41,653 --> 03:33:44,889
land use agreement or -- excuse

6869
03:33:44,889 --> 03:33:47,959
me, the future land use to, for,

6870
03:33:47,959 --> 03:33:51,162
to the state, and then there was

6871
03:33:51,162 --> 03:33:53,365
the jockeying with the bord on

6872
03:33:53,365 --> 03:33:55,700
whether or not they would even

6873
03:33:55,700 --> 03:33:57,636
do anything with the mou because

6874
03:33:57,636 --> 03:33:58,669
again, this is how we should at

6875
03:33:58,669 --> 03:34:01,669
least approach these things and

6876
03:34:01,840 --> 03:34:03,840
just listen.

6877
03:34:03,842 --> 03:34:05,510
So with that I asked about is

6878
03:34:05,510 --> 03:34:09,314
there raway that if -- is there

6879
03:34:09,314 --> 03:34:10,549
a way that if that didn't prove

6880
03:34:10,549 --> 03:34:12,851
feasible, is there a way we

6881
03:34:12,851 --> 03:34:13,851
could become the only public

6882
03:34:13,851 --> 03:34:15,387
partner which is only one side

6883
03:34:15,387 --> 03:34:17,254
of the question because if you

6884
03:34:17,254 --> 03:34:20,192
think if you recall, my, I

6885
03:34:20,192 --> 03:34:21,193
thought that in exchange for

6886
03:34:21,193 --> 03:34:23,361
that rate of responsibility we

6887
03:34:23,361 --> 03:34:26,361
should receive a greater revenue

6888
03:34:26,397 --> 03:34:27,766
for that, and certainly a

6889
03:34:27,766 --> 03:34:29,501
greater participation and create

6890
03:34:29,501 --> 03:34:30,869
something, a tif or assume the

6891
03:34:30,869 --> 03:34:33,638
cra, whatever the, you know, the

6892
03:34:33,638 --> 03:34:35,600
mechanism would be, and, you

6893
03:34:35,600 --> 03:34:36,842
know, part of that process was

6894
03:34:36,842 --> 03:34:37,843
kind of moving us already in

6895
03:34:37,843 --> 03:34:40,746
this direction, and I think

6896
03:34:40,746 --> 03:34:42,470
that's what kind of moved you

6897
03:34:42,470 --> 03:34:43,782
perhaps to kind of think a

6898
03:34:43,782 --> 03:34:46,170
little more outside of the box

6899
03:34:46,170 --> 03:34:47,953
and go you know versus they're

6900
03:34:47,953 --> 03:34:50,489
going to make promises to us

6901
03:34:50,489 --> 03:34:52,424
versus how do we, you know,

6902
03:34:52,424 --> 03:34:53,826
stick or carrot.

6903
03:34:53,826 --> 03:34:55,327
Let's give them a carrot versus

6904
03:34:55,327 --> 03:34:57,620
a stick, and that's where we

6905
03:34:57,620 --> 03:34:59,462
kind of landed on.

6906
03:34:59,465 --> 03:35:00,899
And we've gotten to that point

6907
03:35:00,899 --> 03:35:02,868
to where our real estate

6908
03:35:02,868 --> 03:35:04,670
developers, some of them sitting

6909
03:35:04,670 --> 03:35:06,438
here, and that can now look at

6910
03:35:06,438 --> 03:35:10,638
that an say the more we build,

6911
03:35:12,978 --> 03:35:13,445
the better off it is for

6912
03:35:13,445 --> 03:35:14,313
everybody.

6913
03:35:14,313 --> 03:35:17,349
So with that, you know, that's

6914
03:35:17,349 --> 03:35:21,860
kind of the standard I like to,

6915
03:35:21,860 --> 03:35:21,554
continue and have from the very

6916
03:35:21,554 --> 03:35:22,555
beginning.

6917
03:35:22,555 --> 03:35:23,956
I think that we need to consider

6918
03:35:23,956 --> 03:35:25,391
the contribution, the risk, and

6919
03:35:25,391 --> 03:35:27,359
the return and make sure they're

6920
03:35:27,359 --> 03:35:28,460
all reasonably aligned, and in

6921
03:35:28,460 --> 03:35:30,228
fairness, the revised agreement

6922
03:35:30,228 --> 03:35:30,695
responds to part of that

6923
03:35:30,695 --> 03:35:31,597
question.

6924
03:35:31,597 --> 03:35:32,865
It creates a pathway for the

6925
03:35:32,865 --> 03:35:35,268
county to retain a portion of

6926
03:35:35,268 --> 03:35:36,368
the increment generated on a

6927
03:35:36,368 --> 03:35:38,336
project bland

6928
03:35:38,336 --> 03:35:38,837
brand and its subsequent

6929
03:35:38,837 --> 03:35:39,905
improvement.

6930
03:35:39,905 --> 03:35:42,274
Maybe thought the best, but it

6931
03:35:42,274 --> 03:35:43,408
is what it is at this point; you

6932
03:35:43,408 --> 03:35:45,511
know, that value certainly

6933
03:35:45,511 --> 03:35:47,911
hasn't been quantified yet.

6934
03:35:48,247 --> 03:35:49,214
The actual county benefit will

6935
03:35:49,214 --> 03:35:50,149
development on performance,

6936
03:35:50,149 --> 03:35:52,549
taxable values and the

6937
03:35:52,752 --> 03:35:53,219
obligations paid from those

6938
03:35:53,219 --> 03:35:55,219
revenues.

6939
03:35:55,921 --> 03:35:57,390
I will continue to say as I have

6940
03:35:57,390 --> 03:35:59,790
said privately and somewhat

6941
03:36:00,426 --> 03:36:01,794
publicly, I am very dopily dis --

6942
03:36:01,794 --> 03:36:02,762
deeply disappointed still by how

6943
03:36:02,762 --> 03:36:05,364
this city and the county shared

6944
03:36:05,364 --> 03:36:05,865
the project site increment is

6945
03:36:05,865 --> 03:36:07,199
apportioned.

6946
03:36:07,199 --> 03:36:08,767
The agreement divides that

6947
03:36:08,767 --> 03:36:09,534
revenue according by their

6948
03:36:09,534 --> 03:36:11,837
respective millage rates, which

6949
03:36:11,837 --> 03:36:13,171
you just referred to.

6950
03:36:13,171 --> 03:36:14,474
And I think that for the more

6951
03:36:14,474 --> 03:36:15,241
than two decades that

6952
03:36:15,241 --> 03:36:17,310
hillsborough county has worked

6953
03:36:17,310 --> 03:36:18,544
to reduce or hold down its

6954
03:36:18,544 --> 03:36:19,946
millage rate, under this

6955
03:36:19,946 --> 03:36:21,114
formula, the county's lower

6956
03:36:21,114 --> 03:36:22,815
millage rate produces a smaller

6957
03:36:22,815 --> 03:36:24,517
share of that retained increment

6958
03:36:24,517 --> 03:36:27,860
while the higher city millage

6959
03:36:27,860 --> 03:36:27,553
produces a larger and

6960
03:36:27,553 --> 03:36:29,553
.

6961
03:36:29,622 --> 03:36:30,590
In practical terms, the county's

6962
03:36:30,590 --> 03:36:31,791
fiscal discipline is being used

6963
03:36:31,791 --> 03:36:33,559
against us.

6964
03:36:33,559 --> 03:36:34,961
The city's rewarded for

6965
03:36:34,961 --> 03:36:36,195
maintaining a higher property

6966
03:36:36,195 --> 03:36:37,931
tax rate while the county

6967
03:36:37,931 --> 03:36:39,833
receives less because it's

6968
03:36:39,833 --> 03:36:41,133
exercised long-term restraint.

6969
03:36:41,133 --> 03:36:43,102
And that is especially difficult

6970
03:36:43,102 --> 03:36:44,971
to accept when the county's the

6971
03:36:44,971 --> 03:36:47,390
majority public contributor in

6972
03:36:47,390 --> 03:36:47,573
and the city is the minority

6973
03:36:47,573 --> 03:36:49,573
contributor.

6974
03:36:50,676 --> 03:36:53,760
We're giving 91%, they're giving

6975
03:36:53,747 --> 03:36:55,415
9.

6976
03:36:55,415 --> 03:36:57,815
Fiscal responsibility should not

6977
03:36:58,251 --> 03:37:00,651
become a financial disadvantage.

6978
03:37:01,888 --> 03:37:03,757
A more ectable with formula --

6979
03:37:03,757 --> 03:37:05,392
equitable formula would consider

6980
03:37:05,392 --> 03:37:06,626
each population, risk and

6981
03:37:06,626 --> 03:37:08,626
continuing service obligations,

6982
03:37:10,950 --> 03:37:11,531
not simply its mittage rate.

6983
03:37:11,531 --> 03:37:13,660
The county is making a

6984
03:37:13,660 --> 03:37:14,467
`substantial commitment, and

6985
03:37:14,467 --> 03:37:16,236
these dollars could support

6986
03:37:16,236 --> 03:37:18,400
other eligible capital

6987
03:37:18,400 --> 03:37:18,405
priorities as has already been

6988
03:37:18,405 --> 03:37:19,672
said.

6989
03:37:19,672 --> 03:37:22,275
And we should not minimize

6990
03:37:22,275 --> 03:37:23,877
minimize that

6991
03:37:23,877 --> 03:37:27,314
but we should also not present

6992
03:37:27,314 --> 03:37:28,648
the public wth a false choice,

6993
03:37:28,648 --> 03:37:30,751
and I think, and I think

6994
03:37:30,751 --> 03:37:31,718
councilmember vierra referenced

6995
03:37:31,718 --> 03:37:34,120
that last night because voting

6996
03:37:34,120 --> 03:37:34,888
no would not automatically build

6997
03:37:34,888 --> 03:37:35,989
five stations.

6998
03:37:35,989 --> 03:37:37,891
We cannot do that.

6999
03:37:37,891 --> 03:37:39,259
We cannot do that to future

7000
03:37:39,259 --> 03:37:40,893
boards as commissioner wostal

7001
03:37:40,893 --> 03:37:41,828
just pointed out.

7002
03:37:41,828 --> 03:37:43,295
Doesn't mean we're going to

7003
03:37:43,295 --> 03:37:43,764
widen roads or fund other

7004
03:37:43,764 --> 03:37:45,980
projects.

7005
03:37:45,980 --> 03:37:46,299
Those decisions would require a

7006
03:37:46,299 --> 03:37:48,299
separate board action.

7007
03:37:49,690 --> 03:37:51,705
Cit funds can also not pay a

7008
03:37:51,705 --> 03:37:52,906
recurring cost of firefighters.

7009
03:37:52,906 --> 03:37:54,207
Paramedics, deputies, or daily

7010
03:37:54,207 --> 03:37:56,207
county services.

7011
03:37:57,544 --> 03:37:57,977
A fire station is a capital

7012
03:37:57,977 --> 03:37:59,246
expense.

7013
03:37:59,246 --> 03:37:59,880
I know we like to throw fire

7014
03:37:59,880 --> 03:38:01,880
stations around.

7015
03:38:04,651 --> 03:38:08,251
Nobody in this room knows better

7016
03:38:08,856 --> 03:38:09,122
how much we are behind in fire

7017
03:38:09,122 --> 03:38:11,122
stations.

7018
03:38:11,158 --> 03:38:13,600
I lived it for 28 years, and we

7019
03:38:13,600 --> 03:38:15,620
are making that progress.

7020
03:38:15,620 --> 03:38:18,320
But staffing it every day

7021
03:38:18,320 --> 03:38:18,499
requires a dependable recurring

7022
03:38:18,499 --> 03:38:19,166
revenue,.

7023
03:38:19,166 --> 03:38:20,567
We're already seeing that we

7024
03:38:20,567 --> 03:38:22,567
have these problems.

7025
03:38:22,670 --> 03:38:24,838
And at least with the

7026
03:38:24,838 --> 03:38:26,640
possibility of this development

7027
03:38:26,640 --> 03:38:27,507
in this area, we could get some

7028
03:38:27,507 --> 03:38:28,409
of that growth.

7029
03:38:28,409 --> 03:38:30,177
And some of those monies can

7030
03:38:30,177 --> 03:38:32,913
come back to the hillsborough

7031
03:38:32,913 --> 03:38:34,348
county, and operation counts.

7032
03:38:34,348 --> 03:38:37,348
And this board is responsible

7033
03:38:38,752 --> 03:38:39,652
for addressing those both.

7034
03:38:39,652 --> 03:38:40,921
Supporting the agreement does

7035
03:38:40,921 --> 03:38:41,689
not relieve this board of its

7036
03:38:41,689 --> 03:38:42,456
responsibility, any of us

7037
03:38:42,456 --> 03:38:43,624
sitting up here.

7038
03:38:43,624 --> 03:38:46,930
We still have a responsibility

7039
03:38:46,930 --> 03:38:47,361
to our public, and certainly to

7040
03:38:47,361 --> 03:38:48,294
the men and women, the first

7041
03:38:48,294 --> 03:38:50,264
responders who are out there

7042
03:38:50,264 --> 03:38:52,199
every day doing the job.

7043
03:38:52,199 --> 03:38:53,534
Our staffing -- station deficit,

7044
03:38:53,534 --> 03:38:55,269
staffing needs, equipment,

7045
03:38:55,269 --> 03:38:56,700
transportation, and other

7046
03:38:56,700 --> 03:38:58,700
essential infrastructure needs

7047
03:38:59,600 --> 03:39:01,442
to be taken care of.

7048
03:39:01,442 --> 03:39:04,612
Our evaluating this only on the

7049
03:39:04,612 --> 03:39:06,347
tif, my answer would be no.

7050
03:39:06,347 --> 03:39:07,448
If my responsibility were simply

7051
03:39:07,448 --> 03:39:10,448
to identify reasons to reject

7052
03:39:11,418 --> 03:39:11,985
this agreement, I've just listed

7053
03:39:11,985 --> 03:39:13,721
them for you.

7054
03:39:13,721 --> 03:39:15,790
But that is not the full

7055
03:39:15,790 --> 03:39:17,125
responsibility of governing.

7056
03:39:17,125 --> 03:39:18,960
Our responsibility is to weigh

7057
03:39:18,960 --> 03:39:20,961
the agreement as a whole,

7058
03:39:20,961 --> 03:39:23,361
including its weaknesses, and

7059
03:39:24,898 --> 03:39:26,898
forcible protections, potential

7060
03:39:27,434 --> 03:39:27,835
return, and the consequences of

7061
03:39:27,835 --> 03:39:29,637
either decision.

7062
03:39:29,637 --> 03:39:30,505
We have to not only look at the

7063
03:39:30,505 --> 03:39:32,600
risk benefit assessment of

7064
03:39:32,600 --> 03:39:34,342
moving forward, but also

7065
03:39:34,342 --> 03:39:36,610
consider the consequences of

7066
03:39:36,610 --> 03:39:36,977
rejecting this agreement before

7067
03:39:36,977 --> 03:39:38,279
us.

7068
03:39:38,279 --> 03:39:40,247
It brings in private investment,

7069
03:39:40,247 --> 03:39:40,982
a new ballparks, surrounding

7070
03:39:40,982 --> 03:39:42,982
development, and potential

7071
03:39:43,551 --> 03:39:43,985
creation of a major economic

7072
03:39:43,985 --> 03:39:45,553
district.

7073
03:39:45,553 --> 03:39:47,789
It offers an opportunity to

7074
03:39:47,789 --> 03:39:50,240
expand the future tax base,

7075
03:39:50,240 --> 03:39:52,193
which wasn't there before, the

7076
03:39:52,193 --> 03:39:53,928
incentive agreement, the tif,.

7077
03:39:53,928 --> 03:39:56,300
The cdd, all these things.

7078
03:39:56,300 --> 03:39:56,531
Those weren't in there in the

7079
03:39:56,531 --> 03:39:58,332
mou.

7080
03:39:58,332 --> 03:39:59,534
They're there now.

7081
03:39:59,534 --> 03:40:00,468
Although the outcomes are not

7082
03:40:00,468 --> 03:40:02,170
guaranteed, but under the

7083
03:40:02,170 --> 03:40:05,170
revised agreement there are no

7084
03:40:05,339 --> 03:40:08,939
longer based solely just on a

7085
03:40:09,277 --> 03:40:11,460
handshake and a promise.

7086
03:40:11,460 --> 03:40:12,480
I think a cautious approach does

7087
03:40:12,480 --> 03:40:14,783
not require me to remain opposed

7088
03:40:14,783 --> 03:40:15,830
after agreement has materially

7089
03:40:15,830 --> 03:40:16,685
changed.

7090
03:40:16,685 --> 03:40:18,520
Due diligence has meaning only

7091
03:40:18,520 --> 03:40:19,721
if it were willing to recognize

7092
03:40:19,721 --> 03:40:20,555
when the scrutiny produces a

7093
03:40:20,555 --> 03:40:23,425
better result, and I think we

7094
03:40:23,425 --> 03:40:24,760
have that result before us.

7095
03:40:24,760 --> 03:40:26,270
I think we've also said this is

7096
03:40:26,270 --> 03:40:27,280
far from perfect.

7097
03:40:27,280 --> 03:40:28,463
It's black and white.

7098
03:40:28,463 --> 03:40:29,364
There is gray here and we need

7099
03:40:29,364 --> 03:40:32,266
to find where we can live in the

7100
03:40:32,266 --> 03:40:33,468
gray.

7101
03:40:33,468 --> 03:40:35,137
i would say again that the

7102
03:40:35,137 --> 03:40:36,605
county's return is as strong as,

7103
03:40:36,605 --> 03:40:39,507
not as strong as I would like or

7104
03:40:39,507 --> 03:40:40,208
that I would accept the tif

7105
03:40:40,208 --> 03:40:40,975
apportionment as fair.

7106
03:40:40,975 --> 03:40:42,311
I do not.

7107
03:40:42,311 --> 03:40:43,278
It is not a commitment to

7108
03:40:43,278 --> 03:40:44,513
provide additional county

7109
03:40:44,513 --> 03:40:46,513
funding later though.

7110
03:40:50,518 --> 03:40:52,587
I find that agreeable and it

7111
03:40:52,587 --> 03:40:54,356
does not end the need for

7112
03:40:54,356 --> 03:40:56,325
aggressive public oversight.

7113
03:40:56,325 --> 03:40:58,193
My remaining concerns weigh

7114
03:40:58,193 --> 03:41:00,262
heavily against this agreement

7115
03:41:00,262 --> 03:41:01,830
but my decision can in the

7116
03:41:01,830 --> 03:41:03,565
solely on a -- weighted against

7117
03:41:03,565 --> 03:41:04,432
those stronger financing

7118
03:41:04,432 --> 03:41:06,100
requirements, responsibility for

7119
03:41:06,100 --> 03:41:08,401
overruns, I believe the

7120
03:41:08,536 --> 03:41:10,605
agreement as a whole has nearly

7121
03:41:10,605 --> 03:41:11,400
crossed the threshold for

7122
03:41:11,400 --> 03:41:13,400
support.

7123
03:41:13,842 --> 03:41:15,244
I will say this.

7124
03:41:15,244 --> 03:41:16,778
This is not an enthusiastic yes.

7125
03:41:16,778 --> 03:41:18,647
It's a cautious and accountable

7126
03:41:18,647 --> 03:41:20,481
yes, made with my eyes fully

7127
03:41:20,481 --> 03:41:21,616
open to both the opportunity and

7128
03:41:21,616 --> 03:41:22,785
the risk.

7129
03:41:22,785 --> 03:41:23,886
The agreement changed.

7130
03:41:23,886 --> 03:41:25,886
The protections improved.

7131
03:41:25,887 --> 03:41:27,890
The remaining risks are now more

7132
03:41:27,890 --> 03:41:28,857
defined and manageable, and so

7133
03:41:28,857 --> 03:41:31,493
for those reasons, I will vote

7134
03:41:31,493 --> 03:41:35,693
yes, but I have an amendment to

7135
03:41:36,432 --> 03:41:36,565
make to the motion.

7136
03:41:36,565 --> 03:41:38,565
It

7137
03:41:39,835 --> 03:41:42,835
is an amendment in order?

7138
03:41:44,373 --> 03:41:46,308
>> christine miller: go ahead.

7139
03:41:46,308 --> 03:41:49,308
>> chris boles: can you restate

7140
03:41:49,678 --> 03:41:52,281
the motion that was made

7141
03:41:52,281 --> 03:41:53,782
earlier, specifically for, I

7142
03:41:53,782 --> 03:41:55,985
caught you off gard,

7143
03:41:55,985 --> 03:41:57,985
guard, didn't I?

7144
03:42:00,790 --> 03:42:02,790
Come on, allison.

7145
03:42:03,658 --> 03:42:07,258
The motion and the portion that

7146
03:42:07,830 --> 03:42:09,932
relates to the cba.

7147
03:42:09,932 --> 03:42:12,802
>> I will need a minute to get

7148
03:42:12,802 --> 03:42:13,803
that information for you.

7149
03:42:13,803 --> 03:42:15,304
>> ken hagan: I can send it if

7150
03:42:15,304 --> 03:42:16,305
that will help.

7151
03:42:16,305 --> 03:42:18,307
>> chris boles: ken, fine, would

7152
03:42:18,307 --> 03:42:19,375
you mind restating that motion

7153
03:42:19,375 --> 03:42:20,243
for you, sir.

7154
03:42:20,243 --> 03:42:20,543
>> ken hagan: I'll just say the

7155
03:42:20,543 --> 03:42:20,843
whole thing.

7156
03:42:20,843 --> 03:42:21,477
It's quick.

7157
03:42:21,477 --> 03:42:22,578
Motion to approve the

7158
03:42:22,578 --> 03:42:24,213
development and funding

7159
03:42:24,213 --> 03:42:26,613
agreement, the guarantee, and

7160
03:42:26,716 --> 03:42:29,116
the team nonrelocation agreement

7161
03:42:29,152 --> 03:42:31,200
in substantial forms presented,

7162
03:42:31,200 --> 03:42:31,687
and allow the county attorney to

7163
03:42:31,687 --> 03:42:32,989
conform all the documents,

7164
03:42:32,989 --> 03:42:34,290
including the city of tampa

7165
03:42:34,290 --> 03:42:36,690
approved documents, and correct

7166
03:42:37,694 --> 03:42:38,494
any scrivener's errors.

7167
03:42:38,494 --> 03:42:40,494
Additionally, if the

7168
03:42:40,696 --> 03:42:41,897
for the community

7169
03:42:41,897 --> 03:42:42,866
benefits agreement no less than

7170
03:42:42,866 --> 03:42:44,866
$50 mill

7171
03:42:45,434 --> 03:42:47,834
million split between the

7172
03:42:47,971 --> 03:42:49,971
county receiving 65%, city 35%,

7173
03:42:52,575 --> 03:42:56,175
with an expectation of a timing

7174
03:42:56,846 --> 03:42:58,470
mechanism where investments and

7175
03:42:58,470 --> 03:43:00,470
meaningful community benefits

7176
03:43:01,885 --> 03:43:02,385
begin immediately and are not

7177
03:43:02,385 --> 03:43:04,385
backloaded.

7178
03:43:04,621 --> 03:43:05,388
So that was --

7179
03:43:05,388 --> 03:43:06,923
>> chris boles: did you just add

7180
03:43:06,923 --> 03:43:07,324
that little last part there

7181
03:43:07,324 --> 03:43:08,257
maybe?

7182
03:43:08,257 --> 03:43:09,125
I don't remember that.

7183
03:43:09,125 --> 03:43:09,525
>> ken hagan: I got it written

7184
03:43:09,525 --> 03:43:11,525
down.

7185
03:43:13,950 --> 03:43:13,964
[Laughter]

7186
03:43:13,964 --> 03:43:14,197
>> chris boles: well, okay, very

7187
03:43:14,197 --> 03:43:15,832
good.

7188
03:43:15,832 --> 03:43:18,134
Well, to that extent, I'm going

7189
03:43:18,134 --> 03:43:20,269
to make it a little more

7190
03:43:20,269 --> 03:43:21,337
concise, and to, to make a

7191
03:43:21,337 --> 03:43:23,737
meaningful change because I'm

7192
03:43:27,277 --> 03:43:28,111
still a little upset about the

7193
03:43:28,111 --> 03:43:30,511
disproportionate share, I would

7194
03:43:31,147 --> 03:43:32,983
like to raise that to

7195
03:43:32,983 --> 03:43:34,985
$60 million with us getting the

7196
03:43:34,985 --> 03:43:36,985
65% which would provide

7197
03:43:36,987 --> 03:43:38,655
$39 million to hillsborough

7198
03:43:38,655 --> 03:43:41,655
county, 35% to city of tampa,

7199
03:43:42,793 --> 03:43:44,427
which would be $21 million.

7200
03:43:44,427 --> 03:43:45,429
20% of that total commitment or

7201
03:43:45,429 --> 03:43:46,730
$12 million shall be from the

7202
03:43:46,730 --> 03:43:48,398
loaded or should be frontloaded

7203
03:43:48,398 --> 03:43:49,699
and paid in four equal annual

7204
03:43:49,699 --> 03:43:51,699
installments at $3 million

7205
03:43:52,336 --> 03:43:54,737
during the first four years

7206
03:43:54,737 --> 03:43:56,737
allocated annually as

7207
03:43:56,840 --> 03:43:58,175
$1.5 million to the county and

7208
03:43:58,175 --> 03:43:59,710
$1.05 million to the city.

7209
03:43:59,710 --> 03:44:02,110
The remaining $48 million shall

7210
03:44:02,579 --> 03:44:03,780
be funded pursuant to a binding

7211
03:44:03,780 --> 03:44:05,780
payment and performance

7212
03:44:05,982 --> 03:44:08,382
scheduled to be determined

7213
03:44:11,355 --> 03:44:13,189
through outstanding cba.

7214
03:44:13,189 --> 03:44:15,492
That's my substitute or my

7215
03:44:15,492 --> 03:44:17,895
amended motion or -- sphl

7216
03:44:17,895 --> 03:44:20,230
>> christine miller: going to

7217
03:44:20,230 --> 03:44:20,464
say is that a substitute motion

7218
03:44:20,464 --> 03:44:22,464
to

7219
03:44:23,700 --> 03:44:24,535
or an amendment?

7220
03:44:24,535 --> 03:44:25,690
>> christine miller: chair, do

7221
03:44:25,690 --> 03:44:25,636
you accept the amendment.

7222
03:44:25,636 --> 03:44:26,971
>> ken hagan: absolutely.

7223
03:44:26,971 --> 03:44:28,973
I do want to ask jiewltia

7224
03:44:28,973 --> 03:44:29,239
julia her

7225
03:44:29,239 --> 03:44:31,410
thoughts.

7226
03:44:31,410 --> 03:44:33,477
>> the way you wrote that and in

7227
03:44:33,477 --> 03:44:35,246
line with how you had your

7228
03:44:35,246 --> 03:44:37,782
original motion, it would be

7229
03:44:37,782 --> 03:44:39,216
that the agreement would have a

7230
03:44:39,216 --> 03:44:41,519
total cap, and then the other

7231
03:44:41,519 --> 03:44:44,870
pieces of that will be embedded

7232
03:44:44,870 --> 03:44:44,321
in the cba to come forward to

7233
03:44:44,321 --> 03:44:46,321
you.

7234
03:44:46,424 --> 03:44:48,920
So, so it's a little bit parsed

7235
03:44:48,920 --> 03:44:49,160
out by just what's in this

7236
03:44:49,160 --> 03:44:51,796
agreement, and that's the way I

7237
03:44:51,796 --> 03:44:53,563
understood it, and then what you

7238
03:44:53,563 --> 03:44:55,866
would request that I put into a

7239
03:44:55,866 --> 03:44:58,169
cba that I bring back to you.

7240
03:44:58,169 --> 03:44:59,704
On the timing mechanism.

7241
03:44:59,704 --> 03:45:00,838
>> ken hagan: and I understood

7242
03:45:00,838 --> 03:45:03,474
the $60 million, but and then

7243
03:45:03,474 --> 03:45:06,770
did you say the first 20% was

7244
03:45:06,770 --> 03:45:06,877
over 5 years?

7245
03:45:06,877 --> 03:45:07,644
>> chris boles: four years.

7246
03:45:07,644 --> 03:45:10,440
>> ken hagan: four years?

7247
03:45:10,247 --> 03:45:11,348
>> chris boles: correct.

7248
03:45:11,348 --> 03:45:12,683
Yours is written.

7249
03:45:12,683 --> 03:45:13,751
Mine's typed.

7250
03:45:13,751 --> 03:45:15,520
>> ken hagan: I can't read my

7251
03:45:15,520 --> 03:45:16,287
own handwriting.

7252
03:45:16,287 --> 03:45:17,922
>> christine miller: so you

7253
03:45:17,922 --> 03:45:18,789
accept the amendment, chair?

7254
03:45:18,789 --> 03:45:19,457
>> chris boles: MAY I speak just

7255
03:45:19,457 --> 03:45:21,457
if a

7256
03:45:25,596 --> 03:45:26,697
justfor a moment.

7257
03:45:26,697 --> 03:45:27,532
>> christine miller: yes.

7258
03:45:27,532 --> 03:45:28,899
>> chris boles: yesterday the

7259
03:45:28,899 --> 03:45:31,736
council provided a ceiling, I'm

7260
03:45:31,736 --> 03:45:32,637
going to call it a ceiling --

7261
03:45:32,637 --> 03:45:35,370
looking at other agreements

7262
03:45:35,139 --> 03:45:37,709
around the country, kansas city

7263
03:45:37,709 --> 03:45:38,710
royals and some of theertose these other

7264
03:45:38,710 --> 03:45:40,545
places you have out there, these

7265
03:45:40,545 --> 03:45:43,748
numbers fall within that line of

7266
03:45:43,748 --> 03:45:45,748
50 to 70, $65 million.

7267
03:45:47,152 --> 03:45:49,220
I think that for the pain and

7268
03:45:49,220 --> 03:45:51,221
suffering that we've had to go

7269
03:45:51,221 --> 03:45:53,190
through with the expedited

7270
03:45:53,190 --> 03:45:56,460
schedule and the amount of money

7271
03:45:56,460 --> 03:45:58,296
that we're not receiving through

7272
03:45:58,296 --> 03:46:00,765
the, our fiscal stewardship of

7273
03:46:00,765 --> 03:46:02,000
our dollars, should at least

7274
03:46:02,000 --> 03:46:04,269
equate to some kind of benefit

7275
03:46:04,269 --> 03:46:05,503
for our community that we're

7276
03:46:05,503 --> 03:46:07,380
seeing people out here that are

7277
03:46:07,380 --> 03:46:09,441
going to see a direct benefit

7278
03:46:09,441 --> 03:46:12,110
from the rays because it's still

7279
03:46:12,110 --> 03:46:13,545
going to be five, four years --

7280
03:46:13,545 --> 03:46:14,546
three to four years, five years

7281
03:46:14,546 --> 03:46:15,513
before we're going to get any

7282
03:46:15,513 --> 03:46:16,848
benefit from that.

7283
03:46:16,848 --> 03:46:18,250
The rays have a great

7284
03:46:18,250 --> 03:46:20,518
opportunity to go out there

7285
03:46:20,518 --> 03:46:21,586
through our CBAs, go out in

7286
03:46:21,586 --> 03:46:24,489
the community and show them what

7287
03:46:24,489 --> 03:46:26,124
they're doing today after this

7288
03:46:26,124 --> 03:46:29,124
is done whether that's little

7289
03:46:29,795 --> 03:46:30,661
league fields, whether that's

7290
03:46:30,661 --> 03:46:32,661
through different agreements,

7291
03:46:32,864 --> 03:46:32,997
whatever those MAY be, having --

7292
03:46:32,997 --> 03:46:34,599
I

7293
03:46:34,599 --> 03:46:35,000
I can't recall how many are in

7294
03:46:35,000 --> 03:46:37,000
there.

7295
03:46:37,101 --> 03:46:38,102
Nine pages of ideas so that, but

7296
03:46:38,102 --> 03:46:40,500
this is an opportunity for them

7297
03:46:40,500 --> 03:46:44,205
to do that on the front side.

7298
03:46:44,242 --> 03:46:44,910
So for that, I appreciate that.

7299
03:46:44,910 --> 03:46:45,477
>> christine miller: thank you.

7300
03:46:45,477 --> 03:46:45,743
That was going to be my next

7301
03:46:45,743 --> 03:46:46,912
question.

7302
03:46:46,912 --> 03:46:49,314
Are you still on the second?

7303
03:46:49,314 --> 03:46:49,881
It is my pleasure to get to call

7304
03:46:49,881 --> 03:46:51,881
this vote.

7305
03:46:58,457 --> 03:47:00,225
Please record your votes.

7306
03:47:00,225 --> 03:47:02,225
>> motion carried

7307
03:47:02,761 --> 03:47:03,962
carries 5-2.

7308
03:47:03,962 --> 03:47:04,963
Commissioners cameron cepeda and

7309
03:47:04,963 --> 03:47:06,963
wostal voted no.

7310
03:47:07,666 --> 03:47:10,660
>> ken hagan: before we

7311
03:47:11,870 --> 03:47:13,870
adjourn -- hmm?

7312
03:47:14,173 --> 03:47:15,730
Before we adjourn, I first want

7313
03:47:15,730 --> 03:47:18,673
to thank all the board members

7314
03:47:19,110 --> 03:47:19,912
for all of your hard work for

7315
03:47:19,912 --> 03:47:22,312
today's robust discussion and

7316
03:47:22,380 --> 03:47:22,881
for approving this generational

7317
03:47:22,881 --> 03:47:23,716
development.

7318
03:47:23,716 --> 03:47:24,149
Commissioner myers, my

7319
03:47:24,149 --> 03:47:25,617
apologies.

7320
03:47:25,617 --> 03:47:27,118
I didn't say it earlier, but a

7321
03:47:27,118 --> 03:47:28,987
change is going to come.

7322
03:47:28,987 --> 03:47:30,756
I also want to thank everyone

7323
03:47:30,756 --> 03:47:31,957
who came down today.

7324
03:47:31,957 --> 03:47:33,258
And really everyone who

7325
03:47:33,258 --> 03:47:35,258
participated throughout this

7326
03:47:35,561 --> 03:47:35,994
process over the last several

7327
03:47:35,994 --> 03:47:37,994
months.

7328
03:47:37,997 --> 03:47:39,765
Most of all though, I want to

7329
03:47:39,765 --> 03:47:42,367
thank the person who is

7330
03:47:42,367 --> 03:47:43,369
responsible for me being in this

7331
03:47:43,369 --> 03:47:44,804
seat, and responsible for my

7332
03:47:44,804 --> 03:47:46,472
love of baseball.

7333
03:47:46,472 --> 03:47:47,973
His name is also ken hagan.

7334
03:47:47,973 --> 03:47:49,973
He's my dad.

7335
03:47:50,509 --> 03:47:50,776
Dad, we did it.

7336
03:47:50,776 --> 03:47:52,776
[Applause]

7337
03:47:56,150 --> 03:47:58,150
We're adjourned.