Proclamations

Proclamations

Public Comment

Public Comment

Consent Agenda

Deletions to Consent Agenda
Approval of Consent Agenda

Regular Agenda

Additions/Deletions to Regular Agenda
Approval of Regular Agenda

Additional Item

Additional Item

Items 2 - 4

2. Utility System Consolidation. The County Utility Department currently is
comprised of two independent water and wastewater enterprise funds referred to as
the Main System and the Ponte Vedra (PV) System. Utility services provided by each
system are essentially the same, as are the rate structures, and utility ordinance
provisions. Based on direction from the April 19, 2016 BCC meeting, where the BCC
authorized the County Administrator to assemble a finance team to prepare
refinancing documents to achieve annual debt service savings for the Ponte Vedra
(PV) Utility Revenue Bonds, Series 2006 and 2007, the finance team has
recommended to merge the two enterprise funds into a single enterprise while
maintaining separate divisions. Separate divisions would allow for the operating,
customer accounting, and financial data on each system to be managed
independently to facilitate appropriate rate making and revenue generation activities.
A “combined” enterprise fund will provide several benefits to our customers. It allows
the PV System to secure the Main System’s AA credit rating, which allows for a more
favorable refunding and access to additional capital for critical infrastructure
improvements. The enterprise combination will also release the PV System’s debt
service reserve funds ($4 Million), no longer required, to be utilized for infrastructure
improvements. A financial feasibility has been completed by consultant Raftelis
Financial, confirming financial results from a combined enterprise, after
recommended rate adjustments, would not adversely affect the successful operating,
and financial, condition of the Utility. Additionally, Ordinance 2006-04 (PV Utility
Ordinance) and Ordinance 2013-13 (Utility Ordinance) will need to be repealed and a
new Ordinance brought back to the BCC for approval. The two existing ordinances
are essentially the same, except the rate amounts for the two systems differ, and the
new Ordinance will be essentially the same as the existing ordinances.
3. Authorization to direct the utility financing team to prepare bond documents
to finance improvements to the Ponte Vedra Utility System. At its April 19,
2016 BCC meeting, the BCC authorized the County Administrator to assemble a
finance team to prepare refinancing documents to achieve annual debt service
savings for the Ponte Vedra (PV) Utility Revenue Bonds, Series 2006 and 2007. In
connection with that process, the finance team has recommended (a) the
consolidation of the Main Utility System and the Ponte Vedra Utility System (which is
addressed in a separate agenda item), (b) the issuance of new money bonds, in
addition to the refinancing bonds, to fund, together with other available debt service
reserve moneys released, approximately $12,000,000 for critical projects in the PV
Capital Improvement Program and (c) the refunding of the Main Utility System’s
Water and Sewer Revenue and Refunding Bonds, Series 2006, to achieve annual debt
service savings. Staff recommends the BCC direct the financing team to also prepare
necessary bond documents to finance such PV projects and such refunding to
achieve debt service savings.
4. Ponte Vedra Water and Wastewater Rate Adjustment. At its April 19, 2016 BCC
Meeting, the BCC authorized the County Administrator to assemble a finance team to
prepare refinancing documents for two Ponte Vedra Utility Revenue Bonds. At the
same time, Utility Management has identified significant infrastructure needs in
Ponte Vedra, and this refinancing provides an excellent opportunity to obtain
additional funding for these important projects. The Ponte Vedra system has
maintained some of the lowest rates in N. E. Florida over the last 10 years. However,
it is obvious that the current rates charged in Ponte Vedra leave little room for
additional debt service. A thorough financial analysis was performed (attached) to
determine what rate adjustments would be required to fund these important capital
improvements. Utility Staff is recommending a 4 year rate increase of 2% annually
for water customers and an 8.5% annual rate increase for wastewater customers.
This equates to a 6.34% overall annual increase and will impact most customers
about $3.77 per month over the 4 years of this adjustment.

Item 5

Public Hearing * REZ 2014-11 Moultrie Oaks Retirement Community - Phase
VI. This item was continued from the last hearing. Request to rezone approximately
eight (8) acres from Open Rural (OR) to Residential, Manufactured/Mobile Home
(RMH) to allow expansion of the existing mobile home community for twenty (20)
additional lots, specifically located at 245 Wildwood Drive. The Planning and Zoning
Agency recommended approval of the rezoning with development limitations and
enhanced buffer criteria. The conditions proposed limit the number to twenty (20)
mobile/manufactured home lots for Phase VI and a total of two hundred and forty
(240) units for the retirement community, and a condition for payment to the County
for site access improvements in lieu of construction.

Items 6 & 7

6. Public Hearing * COMPAMD 2015-08 Cordova Palms. This is the adoption
hearing for COMPAMD 2015-08, Cordova Palms, a request to amend the Future
Land Use Map from Intensive Commercial (IC) to Residential-C for approximately
115.9 acres of land, amend from Intensive Commercial (IC) to Industrial (I) for
approximately 39.4 acres of land; and add a text amendment to limit the number of
residential dwelling units in the PUD to 750 and non-residential square footage to a
maximum of 150,000 square feet of commercial and retail service. The Planning and
Zoning Agency recommended approval at its July 21, 2016 meeting with a 7-0 vote.
District 5
7. Public Hearing * DRI MOD 2015-06 Cordova Palms Abandonment. This is a
request to abandon the Cordova Palms Development of Regional Impact (DRI), as
approved by Resolution 2010-175 on August 17, 2010. The Cordova Palms DRI is
located on the west side of US 1 North, approximately one mile north of the
Northeast Florida Regional Airport. Procedurally, an abandonment is processed the
same as a modification to a Development of Regional Impact. The Planning and
Zoning Agency heard the request, and recommended unanimous approval on July
21, 2016.

Item 8

Public Hearing * NZVAR2016-07 McDonald's at 100 Ponte Vedra Point. This is a
request for a non-zoning variance to Land Development Code Section 3.06.04.A.1 to
allow a flat roof in the Palm Valley Overlay District. The existing McDonald's
Restaurant is planning to redevelopment the building. The Palm Valley Architectural
Review Committee (ARC) recommended approval of the requested non-zoning
variance to the Overlay standards.

Item 9

Public Hearing * VACROA 2016-001 - Public Hearing regarding vacating a
portion of an easement near Sunset Blvd within the Venetian Isles subdivision..
The applicant requests the vacation of a currently wooded, unused and unimproved
portion of a drainage and utility easement near the intersection of Sunset Blvd and
Sunset Cir; specifically along the southeasterly line of Lot 9, Block T, within the
Venetian Isles subdivision. Based on staff's review, traffic patterns will not be
negatively impacted, there are no existing utilities or planned utilities for the
easement, and no party will be unreasonably affected by the requested vacation.
Staff has no objections to the request.

Item 10

Parking Implementation Study: Commission-Directed Follow-Up. On July 26,
2016, the Commission received a presentation regarding a beach parking
implementation study. The County's financial advisor, Public Financial
Management, (PFM), in concert with Phillips Parking LLC, evaluated multiple
strategic options and created a parking revenue projection model. County staff from
Parks & Recreation, Beach Services, and OMB have been consulted throughout the
analysis. The Commission directed staff to provide the scenario of implementing
beach parking with no change to the current resident fee structure.

Reports

Commissioners’ Reports
County Administrator’s Report
County Attorney’s Report
Clerk of Court’s Report