6.a. TR14268 -A Resolution of the City Commission of the City of Tamarac, Florida, authorizing the establishment of the City of Tamarac Community Impact Fund at the Community Foundation of Broward; Authorizing the appropriate City Officials to enter into a fund agreement with the Community Foundation Of Broward, attached hereto as Exhibit "A", with an initial contribution of Fifty Thousand ($50,000) Dollars from the City of Tamarac, to be budgeted and paid over a two year period; providing for conflicts; providing for severability; and providing for an effective date.

[6.a. TR14268 -A Resolution of the City Commission of the City of Tamarac, Florida, authorizing the establishment of the City of Tamarac Community Impact Fund at the Community Foundation of Broward; Authorizing the appropriate City Officials to enter into a fund agreement with the Community Foundation Of Broward, attached hereto as Exhibit "A", with an initial contribution of Fifty Thousand ($50,000) Dollars from the City of Tamarac, to be budgeted and paid over a two year period; providing for conflicts; providing for severability; and providing for an effective date.]

6A TR-14268. CITY ATTORNEY, PLEASE READ THE TITLE FOR THE RECORD.

THANK YOU, MADAM MAYOR. A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA, AUTHORIZING THE ESTABLISHMENT OF THE CITY OF TAMARAC COMMUNITY IMPACT FUND AT THE COMMUNITY FOUNDATION OF BROWARD, AUTHORIZING THE APPROPRIATE CITY OFFICIALS TO ENTER INTO A FUND AGREEMENT WITH THE COMMUNITY FOUNDATION OF BROWARD ATTACHED HERETO AS EXHIBIT A, WITH AN INITIAL CONTRIBUTION OF $50,000 FROM THE CITY OF TAMARAC TO BE BUDGETED AND PAID OVER A PERIOD OVER A TWO YEAR PERIOD.

PROVIDING FOR CONFLICTS, PROVIDING FOR SEVERABILITY AND PROVIDING FOR AN EFFECTIVE DATE.

THANK YOU VERY MUCH. I'LL TAKE A MOTION AND A SECOND, PLEASE. MOVE IT. SECOND.

I HAVE A MOTION BY COMMISSIONER BOLTON, AND I HAVE A SECOND BY COMMISSIONER PATTERSON.

JONATHAN ALLEN FROM THE COMMUNITY FOUNDATION OF BROWARD IS GOING TO PRESENT TO US AND WILL BE AVAILABLE FOR ANY PRESENTATION.

NO? YES? WE'RE HERE TO AVAIL OURSELVES TO ANY QUESTIONS THAT YOU MAY HAVE.

ALL RIGHT. MAYOR, MEMBERS OF THE COMMISSION. THANK YOU.

WANT TO HONOR ALL OF YOU. IT'S A PLEASURE. I'M HERE WITH MY COUNTERPART, MISS SHERI GROSVENOR.

AND WE CAN GO AS DETAILED AS YOU WANT TO INTO THE PRESENTATION.

OR SINCE THERE'S A MOTION ON THE TABLE, WE CAN AVAIL OURSELVES TO ANY QUESTIONS.

BUT ON BEHALF OF THE COMMUNITY FOUNDATION, IN WHICH I AM HONORED TO SERVE AS THE VICE CHAIR, WE LOOK FORWARD TO YOU BEING A PARTNER WITH US.

I APPRECIATE MAYBE, IF YOU WOULD, CAN YOU SHARE WITH US HOW THE ENDOWMENT WORKS? JUST SO PEOPLE ARE AWARE OF THE GOOD WORK THAT YOU DO, AND THAT THIS WAY IF WE ARE ABLE TO GET CONSENSUS TO PARTICIPATE, IT'S CLEAR ON THE RECORD. OKAY. THANK YOU. I'LL GO THROUGH QUICKLY.

SO WE'RE THE COMMUNITY FOUNDATION OF BROWARD.

WE'VE BEEN IN EXISTENCE FOR MORE THAN 40 YEARS.

THIS IS OUR EXECUTIVE TEAM. JENNIFER O'FLANNERY ANDERSON PRESIDENT AND CEO.

AND SHERI BROWN GROSVENOR IS WITH ME. SHE SERVES AS THE VICE PRESIDENT OF COMMUNITY IMPACT.

AND JUST TO GIVE YOU AN IDEA, WE ARE PROBABLY ABOUT 25 HIGHLY SKILLED PROFESSIONALS.

WE PROBABLY HAVE ABOUT $300 MILLION IN ASSETS, OVER 195 MILLION IN TOTAL GRANTS PROVIDED SINCE OUR FOUNDING IN 1984.

ANNUALLY WE GRANT ABOUT $24 MILLION IN GRANT FUNDING, AND WE'RE 83 OF 100 COMMUNITY FOUNDATIONS IN THE NATION, AND WE'RE PROUD OF THAT.

SO THAT GIVES YOU A LITTLE BIT ABOUT OUR RANKINGS.

64 COMMUNITY BUILDERS 550 NONPROFITS. AN ENDOWMENT GIVES YOU AN OPPORTUNITY TO HAVE A FOREVER FUND AND SO YOUR COMMUNITY IS CONTRIBUTING MEMBERS OF YOUR COMMUNITY, RESIDENTS OR BUSINESSES, THEY WILL HAVE AN OPPORTUNITY TO PARTICIPATE IN THE COMMUNITY FOUNDATION.

THIS TALKS ABOUT HOW THE ENDOWMENT HAS BEEN POWERFUL IN AN INITIAL INVESTMENT AND OVER THE YEARS,

[01:05:02]

IT HAS GRANTED OVER $26 MILLION AND I WOULD END ON THE ACTUAL FRAMEWORK OF THE ACTUAL COMMUNITY PARTNERSHIP INITIATIVES AND I THINK THAT THIS IS SOMETHING THAT YOU WANT TO DO IN THE FUTURE.

SO, I'LL END ON THE MURAL, WHICH IS A FUTURE OPPORTUNITY THAT WE COULD POSSIBLY PARTNER WITH YOU.

AND I THINK GEORGE GADSDEN IS IN COMMUNICATION WITH SHERI SO THAT WE CAN MAKE THAT HAPPEN AT SOME POINT IN THE FUTURE.

EXCELLENT. THANK YOU SO VERY MUCH. THANK YOU.

AT THIS TIME, THIS ITEM IS OPEN FOR PUBLIC COMMENTS.

IS THERE ANYONE IN THE AUDIENCE WHO WISHES TO SPEAK ON THIS ITEM? SEEING NONE, PUBLIC COMMENTS ARE NOW CLOSED.

COMMISSIONER PATTERSON. THANK YOU, MAYOR. THANK YOU.

JONATHAN, THANK YOU GUYS FOR COMING TODAY. FIRST AND FOREMOST, I'M REALLY EXCITED TO BE ABLE TO YOU KNOW, BRING THE ITEM TO MY COLLEAGUES TO HEAR. I'VE HAD AN OPPORTUNITY TO TALK TO YOU GUYS TAKING THE LOVE MURAL, TAKING THE TWO PIECES OUT OF ORDER A LITTLE BIT.

WHAT INITIALLY SPARKED MY INTEREST WITH THE ORGANIZATION IS THE LOVE MURAL.

AS I PREVIOUSLY MENTIONED RECENTLY, I SPONSORED LEGISLATION, RESOLVING OUR CITY AS AN ANTI-HATE ANTI-BULLY CITY, AND I THOUGHT THAT THIS WOULD BE AN AMAZING WAY TO JUST KIND OF CONTINUE TO BUILD THAT CAMPAIGN AND MAKE THAT RESOLUTION REAL IN OUR COMMUNITY. AND SO WE'VE SINCE HAD AN OPPORTUNITY TO IDENTIFY A LOCATION, WHICH I THINK WE WERE LOOKING AT THE COMMUNITY CENTER RIGHT ALONG THE FRONT OF, ON OUR MAIN THOROUGHFARE ON COMMERCIAL BOULEVARD WHERE WE COULD MAYBE HAVE YOU KNOW, THAT LOVE MURAL INSTALLED AND, YOU KNOW, WE CONTINUE TO BUILD ON THAT ANTI-HATE ANTI-BULLYING INITIATIVE IN OUR COMMUNITY.

SO I WOULD LOVE THAT MY COLLEAGUES WOULD CONSIDER SUPPORTING THAT.

AND THEN I GUESS WHATEVER QUESTIONS AND, YOU KNOW, FURTHER EXPLANATION YOU ALL CAN GIVE ON HOW THAT WORKS AND THEN IN ADDITION TO THAT AS WE CONTINUE TO TALK, I FOUND MYSELF REALLY INTRIGUED WITH THE ENDOWMENT FOR VARIOUS REASONS, AGAIN, HINGING BACK ON THE CONVERSATION WITH MISS CANTOR AND, YOU KNOW, THE FACT THAT WE DIDN'T HAVE A BENCH MEMORIAL AND JUST, YOU KNOW, EXPLORING WAYS THAT OUR CITY COULD GROW AND WAYS THAT WE COULD FUND THINGS, MAYBE THERE'S SOMEONE THAT DOESN'T HAVE THE MEANS TO BE ABLE TO MEMORIALIZE SOMEONE THAT'S TRANSITIONED. OUR CITY WOULD NOW HAVE YOU KNOW, AN OPPORTUNITY OR THE MEANS TO BE ABLE TO MAKE SOME THINGS HAPPEN WHERE WE TRADITIONALLY WOULDN'T. AND SO, I KNOW WE TYPICALLY DO A $3,000 DONATION ANNUALLY.

THE FACT THAT THIS IS AN ENDOWMENT, IT GROWS, ANYONE CAN CONTRIBUTE TO IT IS WHAT I UNDERSTAND.

SO, PEOPLE THAT LIVE IN OUR COMMUNITY, MAYBE THEY DON'T HAVE FAMILY MEMBERS OR WHATEVER, BUT THEY REALLY LOVE OUR CITY.

THEY COULD, YOU KNOW, DONATE TO THIS FUND. AND, YOU KNOW, IT'S A THERE'S NO IT DOESN'T END WITH OUR FISCAL YEAR.

IT DOESN'T CAP AT THAT POINT. THE ONLY QUESTION I DID HAVE FOR YOU, THOUGH JONATHAN, IS CAN YOU CLARIFY THE CITY'S ACCESS TO THE DOLLARS? SO, WHEN WE WANT TO FUND A PROJECT, DO WE HAVE FULL ACCESS TO THE MONIES OR WHAT DOES THAT LOOK LIKE? THAT WAS A QUESTION THAT WAS POSED BY THE CITY MANAGER.

AND I MEAN, EVERY YEAR YOU GET A ALLOCATION AND THAT ALLOCATION WILL BE PROVIDED TO THE CITY FOR THE APPROPRIATE DELIBERATION AND DETERMINATION. WE WE PROVIDE THE MONEY FOR YOUR TOP INITIATIVES AND SO AS YOU DETERMINE THE INITIATIVES, AS I COMMUNICATED TO THE CITY MANAGER, YOU CAN DETERMINE IF IT WILL GO FOR A SPECIAL PROGRAM, IF IT GO FOR A SPECIAL PROJECT, AND WE'LL JUST BE STEWARDS AND WE WILL BE PARTNERS WITH YOU.

SO, THE INITIAL SEED IS $50,000. DO WE HAVE TO EVER DO ANY OTHER INVESTMENT INTO THE ENDOWMENT AGAIN, OR IS IT. NO. YOU GET THE REGULAR FINANCIAL REPORTS IN WHICH I COMMUNICATED TO THE CITY MANAGER, AND YOU CAN DETERMINE HOW YOU ALLOCATE THAT TO THE BEST PROGRAM BASED ON THE CONSENSUS OF THE GOVERNING BODY AND ARE WE LIMITED TO WHAT WE CAN PULL ANNUALLY? TYPICALLY IT HAS BEEN A 5%.

AND THAT ALLOWS YOU TO PRESERVE THE FUND FOREVER.

AND AS IT CONTINUES TO GROW IN GOOD MARKETS AND BAD MARKETS, YOU WILL GET MORE ON GOOD MARKETS AND THEN YOU WILL GET LESS.

BUT TRADITIONALLY WE'VE BUILT OUR MODELS ON 5% RETURN.

WHAT'S THE RATE OF GROWTH? SO IN TERMS OF THE INVESTMENT, HOW IS HOW ARE THOSE HOW IS THE FUND GROWING OR HOW QUICKLY DOES IT GROW? IT'S HARD TO PREDICT THE MARKET AND THAT'S WHY WE AVERAGE AND WE'RE DOING THE PRESENTATIONS OF 5%. SO YOU'RE TALKING ABOUT I THINK THE MATH IS IF IT'S, WHAT, $2,500 IN THAT PARTICULAR

[01:10:06]

RANGE EVERY YEAR. BUT AS IT CONTINUES TO GROW, YOU WILL GET MORE BASED ON THE RETURN.

BUT THE ON THE AVERAGE RETURN THAT WE'RE GIVING TO COMMUNITIES, BECAUSE I HAVE A FUND WITH THE COMMUNITY FOUNDATION AS WELL, MULTIPLE FUNDS IS A 5% RETURN AND THAT ALLOWS US TO DO PHILANTHROPY, SCHOLARSHIPS, COMMUNITY IMPACT WITHIN OUR FUND AS WE HAVE AS A FAMILY.

LET'S SAY MAYBE A DEVELOPER WANTS TO PUT $1 MILLION INTO OUR FUND.

DOES THAT CHANGE THE RATE IN WHICH WE'RE ABLE TO WITHDRAW DOLLARS? YES, BECAUSE YOU WOULD GET A HIGHER RATE OF RETURN BASED ON THAT CONTRIBUTION.

WE HAVE FUND. THIS WILL ACTUALLY BE THE THIRD COMMUNITY IMPACT FUND.

THE FIRST IMPACT FUND WAS ESTABLISHED BY THE CITY OF OAKLAND PARK, AND THE DEVELOPER ACTUALLY CEDED MONEY INTO THEIR FUND.

OKAY. AND THIS COMMISSION, THIS BODY WOULD BE RESPONSIBLE FOR THE CREATION OF PROGRAMS, WE WOULD HAVE TO DELIBERATE AS A BODY ON ANYTHING THAT IS EXPENDED FROM THAT FUND.

CORRECT. THAT'S HOW IT'S WORKED FOR OAKLAND PARK.

THAT'S HOW IT'S WORKED FOR LITERALLY CITY OF LAUDERHILL.

AND I ANTICIPATE THAT'S HOW IT WOULD WORK FOR YOUR GOVERNING BODY AS WELL. IS IT A BIG DEAL THAT WE WOULD BE THE THIRD CITY TO.

I THINK IT'S A BIG DEAL. IT'S HUGE. I MEAN, WE HAD AN EVENT AND THERE WERE A LOT OF MAYORS THERE.

SO YOU BEAT THOSE MAYORS IN ESTABLISHING FUNDS.

SO I THINK THAT CAN BE IN THE NEXT CITY MANAGER'S REPORT THAT YOU'RE THE THIRD CITY AMONG ALL OF OUR CITIES TO ESTABLISH A FUND WITH THE COMMUNITY FOUNDATION.

CAN YOU SPEAK TO HOW SOLVENT COMMUNITY FOUNDATION IS? WE'VE BEEN IN EXISTENCE FOR MORE THAN 40 YEARS.

I GAVE YOU THE ACTUAL NUMBERS ON OUR ENDOWMENT.

WE'RE AT 300 MILLION. WE ARE GRANTING MORE THAN 20 MILLION A YEAR, AND WE'RE GROWING OVER THE NEXT, I THINK 50 YEARS, YOU'RE GOING TO HAVE OVER $50 BILLION IN THE DISTRIBUTION OF WEALTH, AND WE WANT TO BE AT THE CENTER IN ESTABLISHING FUNDS TO PRESERVE LEGACIES FOR FUTURE GENERATIONS. SO WE'LL BE HERE. THANK YOU.

THANK YOU. COMMISSIONER RIGHT. SORRY. ALL RIGHT.

I'LL STAY UP HERE. THANK YOU FOR YOUR PRESENTATION.

I ACTUALLY SAW YOUR PRESENTATION AT THE NORTHWEST COUNCIL IN LAUDERHILL A FEW MONTHS AGO, AND I WAS TRULY, TRULY IMPRESSED. 5%.

IS THAT 5% RETURN ON INVESTMENT OR 5% WHAT WE CAN ACCESS ON AN ANNUAL BASIS, 5%, BASED ON THE PROCEEDS THAT YOU HAVE INVESTED, WILL BE RETURNED TO YOU FOR YOUR PROGRAMS AND INITIATIVES.

SO IF WE HAVE 50,000. 5% IS ABOUT 2500, 2500 AND ON AN ANNUAL BASIS.

YES. EVERY YEAR. OKAY. AND IN TERMS OF MARKETING, LIKE SAY FOR INSTANCE, YOU SAID YOU GUYS DO PHILANTHROPY.

WHAT IF SOMEONE WANTS TO DISTRIBUTE SOME MONEY?.

[INAUDIBLE] JEFF BEZOS WIFE. SHE GETS MONEY ALL OVER IN DIFFERENT PLACES.

WOULD YOU PUT US IN FRONT OF PEOPLE WHO WANT TO DISTRIBUTE MONEY TO CITIES? BEING THAT WE'RE LIKE THE THIRD CITY AND SOMEONE COMES TO THE COMMUNITY FOUNDATION. JEFF BEZOS WIFE, AND SHE SAID, WELL, I WANT TO GIVE A MILLION BUCKS TO BROWARD COUNTY, BUT YOU DECIDE WHICH CITIES AND PLACES WHERE IT GOES.

IS THAT SOMETHING YOU GUYS WOULD DO? AS SOMEONE WHO'S BEEN AROUND FOR SUCH A LONG TIME AND HAS SUCH A HUGE ENDOWMENT, AND AS THIS MONEY'S BEEN DISTRIBUTED, THE BLOOMBERG PHILANTHROPIES AND ALL THESE WEALTHY PEOPLE WANT TO START DISTRIBUTING THEIR MONEY AND HAVE THEIR CHECKS BANKED AT THE UNDERTAKER. WOULD THAT BE SOMETHING THAT YOU GUYS BRING AS WELL? WE HAVE I'M GOING TO ASK SHERI TO COME UP HERE AND RESPOND TO THAT ONE.

SO, WE'VE HAD CREATIVE OPPORTUNITIES BECAUSE SHERI ATTENDS A LOT OF PROGRAMS AND SHE SEES A LOT OF PHILANTHROPY AND HOW THEY DO IT DIFFERENTLY IN DIFFERENT COMMUNITIES. SO I CAN SEE A INDIVIDUAL CONTRIBUTING MONEY TO THE COMMUNITY FOUNDATION OR CONTRIBUTING MONEY TO THE CITY OF TAMARAC AND WANTING TO EARMARK IT. THAT WOULD LITERALLY GO TO YOUR FUND AND SO YOU CAN ACTUALLY GO TO OUR SITE, YOU CAN PULL UP THE FUNDS AND IF YOU WANT TO, IF YOU HAVE A DONOR ADVISED FUND, AND AT THE END OF THE YEAR, IF YOU WANT TO CONTRIBUTE $5,000, THAT $5,000 WOULD GO TO YOUR FUND.

AND NOW YOU WON'T GET 5% OF THE PROCEEDS OF ONLY 50,000.

THERE WILL BE 5% OF THE PROCEEDS OF 55,000. AND SO IT CAN CONTINUE TO GROW.

BUT IF SHERRY HAS SOME INNOVATIVE OPPORTUNITIES, I CAN HAVE HER RESPOND TO YOUR QUESTION AS WELL.

YOU ACTUALLY. GOOD MORNING, AND THANK YOU FOR ALLOWING US THE OPPORTUNITY TO BE HERE.

BUT YOU ACTUALLY ANSWERED THE QUESTION, IF THERE ARE OPPORTUNITIES WHERE A MAJOR PHILANTHROPIST IS LOOKING TO PUT MONEY HERE IN BROWARD COUNTY.

ONE OF THE THINGS THAT WE DO NOW DO IS WE PRIORITIZE THOSE WHO HAVE FUNDS WITH THE FOUNDATION.

SO AS BEING THE THIRD CITY, YOU WOULD RISE TO THE TOP OF THE LIST OF THE CITIES THAT WE WOULD RECOMMEND, BECAUSE WE ALSO HAVE NONPROFITS THAT HAVE AGENCY ENDOWED FUNDS AND WE NOW.

PRIORITIZE THEM AS WELL, IN TERMS OF BEING RECIPIENTS OF SPECIAL GRANT OPPORTUNITIES THROUGH THE FOUNDATION OR FROM NATIONAL FOUNDATIONS.

[01:15:09]

SO, YEAH, THAT WAS JUST MY CURIOUS QUESTION, BECAUSE I SEE THE WORK THAT YOU'RE DOING. I'VE LOOKED AT YOUR WEBSITE, I'VE READ THE DOCUMENTS, I SAW THE PRESENTATION AT THE NORTHWEST COUNCIL, AND I NOTICED A HUGE PUSH ACROSS THE COUNTRY WHERE PEOPLE ARE GIVING MONEY, ESPECIALLY IN COMMUNITIES LIKE YOURS AND OTHERS, START BEING THE THIRD CITY.

WAS THERE ANY MARKETING ADVANTAGES THAT WILL GET, YOU KNOW, PARTICIPATING AND BE MORE, LIKE YOU SAID, MOVING TO THE FRONT OF THE LINE AS PEOPLE CONTINUE TO DISTRIBUTE THEIR WEALTH.

SO ALL THE OTHER STUFF I'M VERY MUCH AWARE OF.

I APPRECIATE THE WORK THAT YOU GUYS ARE DOING. CONTINUE THE GREAT WORK AND THAT WAS MY ONLY QUESTION.

THANKS. THANK YOU. I'M NOT SURE WHICH ONE. I APPRECIATE ALL MY COLLEAGUES QUESTION.

AS YOU KNOW, I WAS ONE OF THOSE MAYORS AT THAT ROUNDTABLE, AND I'VE BEEN VERY EXCITED BECAUSE I'VE BEEN AWARE OF THIS AND SO SOMETIMES IT SEEMS THAT WE RUN ON PARALLEL LINES BECAUSE MY ASS WAS FOR A LITTLE BIT MORE THAN THE 50,000 THAT WE ARE CURRENTLY TALKING ABOUT RIGHT NOW.

BUT TO BE DISCUSSED AT A BUDGET MEETING. BUT SINCE WE'RE HERE TODAY, I'M JUST LAYING IT OUT TO THE CITY COMMISSION WHEN WE FINISH OUR BUDGET DISCUSSION.

IF WE WANT TO START WITH 50,000 FOR OVER TWO YEARS, BECAUSE IT WOULD BE 25 THIS YEAR AND 25 NEXT YEAR, WHICH MEANS MATH, MAN. IT'S LESS THAN $2,500 THAT WE WOULD BE RECEIVING, AND I DON'T KNOW IF WE RECEIVE IT.

HOW LONG WOULD IT BE? WHEN'S OUR FIRST RECEIPT OF MONEY? YOU RECEIVED THE ALLOCATION? I THINK THAT WE ALLOWED THE DISTRIBUTION AVAILABLE IN THE FISCAL YEAR.

DECEMBER. I MEAN, BUT YOU CAN SPEND IT IN ANY PARTICULAR TIME AND LET ME GIVE YOU THIS EXAMPLE.

IF ANY ONE YEAR YOU DEFER THAT MONEY GOES BACK INTO YOUR BALANCE AND IT ACCUMULATES.

SO IT ROLLS, IT CONTINUES TO COMPOUND. BUT WE GIVE YOU 2500, 25,000 THIS YEAR.

WE'RE NOT GETTING ANY MONEY THIS YEAR. RIGHT? RIGHT. WHEN IS THE FIRST TIME WE WOULD BE ABLE TO RECEIVE IT.

WHEN YOU SEE THE ENTIRE FUND AT 50,000. AND IN ANY PARTICULAR TIME BEYOND SEEDING IT AT 50,000, YOU CAN MAKE ADDITIONAL CONTRIBUTIONS TO THE FUND.

OKAY. SO WE CAN ALWAYS MAKE MONEY. WE CAN ALWAYS DONATE. BUT OUR INITIAL SEED MONEY HAS TO BE $50,000 BEFORE A YEAR GOES UP AND WHEN THE YEAR IS OVER FOR THAT YEAR, THE INITIAL $50,000, THAT'S WHEN WE CAN RECEIVE A DISTRIBUTION, CORRECT? OKAY AND WE DON'T RESTRICT YOU FROM FUNDING IT EARLY.

WE IT WAS JUST AN OPTION OF A TWO YEAR BUDGET AND APPROPRIATE I THINK AT THIS RATE FOR OUR CITY IS PROBABLY ONE OF THE THINGS.

LET'S JUST GET IT DONE WITH WHATEVER SEED MONEY WE'RE GOING TO DO, AND THEN WE CAN PROBABLY GO BACK TO DISCUSSIONS DURING BUDGET TIME FOR WHAT'S INTELLIGENT FOR OUR CITY TO BE ABLE TO DO IF WE'RE GOING TO FUND EARLY AND IF WE WANT TO FUND EARLY TODAY, IF THAT'S THE MOTION THAT WE'LL BE DOING, THEN THAT'S THE MOTION WE'LL BE DOING TO GET ALL 52.

BUT AGAIN, WE DO HAVE TO BE MINDFUL OF BUDGET BEFORE I GET A BUNCH OF DAGGERS FROM BUDGET.

PEOPLE ARE SCROLLING IN THEIR SEATS OVER THERE.

SO LET'S FIRST GET THIS ON. MY QUESTION IS ABOUT THE LOVE THING, BECAUSE, YOU KNOW, I HANDED THE CARD OVER AND I WANTED IT YESTERDAY.

AND WHILE I BELIEVE THAT THERE'S A PRESUMED PLACE TO GO, I THOUGHT THERE WOULD BE ANOTHER PLACE TO GO THAT WOULD BE JUST AS FANTASTIC.

THEN THERE. BUT THAT'S FOR DISCUSSION BY THE CITY.

HOWEVER, MY UNDERSTANDING IS FOR A DISTRICT, BROWARD COUNTY DISTRICT.

IT'S GOING ONE EACH BROWARD COUNTY DISTRICT. CAN YOU PLEASE EXPLAIN HOW THAT WORKS? YES. OUR GOAL IS TO HAVE AT LEAST ONE LOVE MURAL IN EACH OF THE NINE COMMISSION DISTRICTS.

SO BROWARD COUNTY COMMISSION DISTRICTS. SO AT THIS POINT, WE HAVE A LOVE MURAL.

WE HAVE SOME THAT ARE THAT HAVE BEEN COMPLETED AND THEN SOME THAT ARE IN THE PIPELINE.

AND SO WHAT WE'RE SAYING IS THE EARLIER YOU GET, GET YOUR, YOU KNOW, DOLLARS TOGETHER IN PLACEMENT OF THE MURAL, YOU JUMP AHEAD OF THE OTHERS. SO WE'RE KIND OF DOING IT ON THE FIRST COME, FIRST SERVE BASIS TO MAKE SURE THAT ONE IS IN AT LEAST EACH OF THE DISTRICTS.

THAT WAS MY CONCERN BECAUSE WE'RE REPRESENTED BY COMMISSIONER MCKENZIE AND COMMISSIONER UDDIN.

SO COMMISSIONER MCKENZIE HAS ONE ALREADY. YES AND WE CAN ALWAYS GO BACK TO THE COMMITTEE AND.

WELL, MY QUESTION IS, DO WE NEED THE COMMISSIONER, THE DISTRICT COMMISSIONER'S APPROVAL BECAUSE WE'RE TAMARAC AND [INAUDIBLE] IS WHERE WE'RE TALKING ABOUT RIGHT NOW BECAUSE MCKENZIE HAS ALREADY BEEN SELECTED OR HIS.

SO WE WOULD BE IN EUGENE'S. DO WE HAVE TO ASK HIM BECAUSE HE HAS PART OF HE HAS CORAL SPRINGS AND PARKLAND.

DO WE HAVE TO ASK PERMISSION? LET ME SEE IF I CAN TAKE. THE DECISION RESTS WITH THE CITY COMMISSION THAT IS JUST OUR GOAL THAT WE WANT.

WE WANT THEM GEOGRAPHICALLY LOCATED. BUT THE DECISION RESTS WITH YOU.

WE DON'T HAVE TO GET PRIOR APPROVAL FROM ANY OF THE DISTRICT COMMISSIONERS. JUST WONDERING IF WE NEEDED TO SEND LETTERS OVER TO COMMISSIONER EUGENE AND SAY, HEY, WE'RE FIRST.

NO, THAT'S JUST THE INTERNAL GOAL. WE WANT THEM STRATEGICALLY LOCATED THROUGHOUT BROWARD COUNTY COMMUNITY AND NOT IN ONE SPECIFIC AREA.

EXCELLENT. AND YES, ESTATE PLANNING WAS SOMETHING THAT VERY MUCH PEOPLE CAN DECIDE TO LEAVE. IF WE HAVE IN THERE, THEN ANYBODY WISHING TO DO THEIR ESTATE PLANNING CAN ALWAYS HAVE THE COMMUNITY FOUNDATION ENLIST TAMARAC AS WHO THEY WANT THE FUNDS TO GO TO.

[01:20:05]

AND. I THINK THOSE ARE THE QUESTIONS I HAVE FOR NOW.

THANK YOU VERY MUCH. EXCELLENT. THANK YOU, VICE MAYOR.

JUST WANTED TO SAY THANK YOU FOR DOING SUCH GOOD WORK.

YOU KNOW, WE TALK ABOUT HONOR TODAY. SO WE HONOR YOU FOR WHAT YOU DO.

BECAUSE I'M SURE YOUR SKILLS AND TALENTS COULD MAKE YOU MONEY SOMEWHERE ELSE.

SO THANK YOU SO MUCH FOR WHAT YOU DO. MY THING WAS GOOD IDEA.

THANK YOU, COMMISSIONER PATTERSON, FOR BRINGING THIS UP.

AND CITY MANAGER. AWESOME IDEA. BECAUSE WHEN TIMES GET HARD, AT LEAST WE KNOW THIS IS THERE WHERE WE CAN GET SOME INITIATIVE DONE.

AND HOPEFULLY OUR VENDORS AND OUR PARTNERS ARE HEARING THIS AND THEY WILL DONATE TO MAKE THE POT EVEN BIGGER.

SO ONCE AGAIN, THANK YOU. CITY MANAGER MADAM MAYOR, BEFORE IT'S TOO LATE, I ALSO WANT TO JOIN THE COMMISSION AND THANK OUR OLD FRIEND, GOOD FRIEND JONATHAN. AND YOU KNOW, HE'S BEEN MORE THAN HELPFUL AND MADE HIMSELF AVAILABLE TO ASSIST US WITH THIS PROCESS.

SO THANK YOU SO MUCH, JONATHAN. IT'S WONDERFUL TO SEE YOU BACK HOME AGAIN.

AND SO WE'RE ALWAYS LOOKING FORWARD TO SEEING YOU.

THANK YOU. THANK YOU. COMMISSIONER BOLTON. I'D LIKE TO SHARE THE SENTIMENTS OF MY COLLEAGUES.

THIS IS A GREAT INITIATIVE. GREAT ITEM. KUDOS TO OUR COMMISSIONER PATTERSON FOR BRINGING THIS UP.

SHE IS JUST STARTING ON FIRE AND I APPRECIATE HER INTELLIGENCE AND HER SMARTS AND THANK YOU SO VERY MUCH FOR YOUR CONTRIBUTION TODAY. YOUR PRESENTATION ARE WELL PRESENTED, INFORMATION IS CLEAR AND I LOOK FORWARD TO THE PROGRAM.

AND WONDERFUL SUIT, BY THE WAY. THANK YOU. I'M A SUIT GUY AND THIS TOPS IT ALL.

SO THANK YOU. THANK YOU SO MUCH FOR BEING HERE.

THANK YOU. THANK YOU BOTH. YOU BOTH LOOK FANTASTIC AND GIVE US A MINUTE AS WE HAVE FINISHED OUR QUESTIONS.

SUBJECT TO BUDGET. I WOULD LIKE TO MAKE A FRIENDLY AMENDMENT AND GO STRAIGHT TO THE 50,000 VERSUS WAITING FOR TWO YEARS OF $25,000.

IS THAT GOING TO BE A PROBLEM? I GUESS CITY MANAGER, WOULD YOU SPEAK WITH, I GUESS, FINANCES TO THAT? THE FINANCES ARE THROUGH OUR FINANCE DIRECTOR.

MADAM MAYOR, IF THAT'S THE DESIRE OF THE CITY COMMISSION WILL WORK WITH THE FINANCE DEPARTMENT.

WELL, I WOULD SAY STILL SUBJECT TO. SO THAT'S A FRIENDLY AMENDMENT TO COMMISSIONER BOLTON AND COMMISSIONER PATTERSON, AS THE ITEM IS DIRECTED AS GOING AS HALF AND HALF.

I WOULD JUST LIKE TO HEAR FROM THE FINANCE DIRECTOR IF THAT IS POSSIBLE.

AND WHAT WHAT HER OPINION IS CITY MANAGER. SO.

ABSOLUTELY. MR. YES. GOOD MORNING, MAYOR AND CITY COMMISSION CHRISTINE CAJUSTE DIRECTOR OF FINANCIAL SERVICES. IT WILL BE ALL SUBJECT TO YOUR APPROVAL OF THE THE BUDGET AS PRESENTED TO YOU.

WE ARE GOING THROUGH THE PROCESS NOW. SO IT'S COMPETING DOLLARS.

YES, IT'S ACTUALLY CHRISTINE IN THIS FISCAL YEAR.

SO NO, IT'S ACTUALLY IN 2026. IN DECEMBER, IT'S 2026.

YEAH. THIS IS NOT I'M NOT WE'RE TALKING ABOUT FISCAL PLANNING FOR THE BUDGET SEASON.

WE'RE CURRENTLY IN THIS. WHICH IS FOUR MONTHS AWAY THEORETICALLY.

I MEAN, WE'LL WE WILL BE PRESENTING IN A WORKSHOP TO YOU ON JUNE 30TH.

SO WE WILL BE PRESENTING ALL THE ITEMS IF THIS SHOULD BE INCLUDED IN IT.

WE'LL BE PRESENTING THAT TO YOU AS WELL. OKAY.

POINT OF CLARIFICATION. SO IF WE WERE TO APPROVE THE ITEM TODAY, WHAT YOU'RE PROFFERING IS THAT WE WOULD NOT START THE ENDOWMENT UNTIL OCTOBER 1ST BECAUSE THE DATE IN THE ITEM IS DECEMBER. SO THAT IS IN FISCAL YEAR 2026.

THAT STARTS ON OCTOBER 1ST. WHAT DO YOU MEAN WHEN YOU SAY THE DATE OF THE ITEM IS DECEMBER 1ST? THE ITEM I BELIEVE, THE CALLS FOR A PAYMENT IN DECEMBER 2026 AND ANOTHER PAYMENT IN DECEMBER 27TH.

THE ALLOCATION WOULD HAPPEN, SO A PAYMENT AND AN AND AN AND AN ALLOCATION OR AN APPROPRIATION IS KIND OF DIFFERENT.

2025 SORRY. YES. I'M SORRY. YOU WERE CLARIFYING SOMETHING.

[01:25:01]

YEAH. SHE WAS CLARIFYING THAT IT'S DECEMBER 2025, WHICH IS FISCAL YEAR 2026 AND DECEMBER 2026, WHICH IS FISCAL YEAR 2027, BECAUSE THE FISCAL YEAR 2026 STARTS OCTOBER 1ST, 2025.

RIGHT. I UNDERSTAND ALL THAT. I JUST WANTED TO UNDERSTAND WHY YOU WERE SAYING DECEMBER 1ST.

SO FOR CLARIFICATION, I JUST WANT TO MAKE SURE I UNDERSTAND.

SO WE WOULD APPROVE THE ITEM TODAY. THE ENDOWMENT'S FIRST PAYMENT IS RENDERED DECEMBER 2025.

AND YOU'RE PROFFERING THAT WE ADD THIS INTO THE 25-26 BUDGET.

YES. BECAUSE THAT'S WHEN IT WILL TAKE PLACE. YES. THANK YOU. SO THERE WAS A FRIENDLY AMENDMENT ON THE TABLE.

COMMISSIONER BOLTON. YOU RECEIVED ANSWERS. OKAY.

YES. I WOULD LIKE TO ACCEPT THE FRIENDLY AMENDMENT.

COMMISSIONER PATTERSON, DID YOU. SECOND. SECOND. THANK YOU.

CITY CLERK, PLEASE CALL THE ROLL.

THANK YOU. MOTION PASSES 5 TO 0, AS AMENDED. TRAVEL SAFELY.

WE LOOK FORWARD TO WORKING WITH YOU. THANK YOU.

YOU TOO. SO WE NOW GO TO ORDINANCES ON SECOND READING.

[8.a TO2591 - An Ordinance of the City Commission of the City of Tamarac, Florida, adopting the First (1st) Budget Amendment to the City of Tamarac operating budget, revenues and expenditures, the capital budget, and the financial policies for the Fiscal Year 2025, by increasing the total revenues and expenditures by a total of $2,895,924 as detailed in Attachment "A" attached hereto and summarized in Attachment "B" attached hereto and incorporated herein; providing that the 1st Amendment is being adopted in the same manner as the original budget and serves as the new adopted budget: providing for conflicts; providing for severability; and providing for an effective date.]

8202591 CITY ATTORNEY, PLEASE READ THE TITLE FOR THE RECORD. THANK YOU, MADAM MAYOR. AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF TAMARAC, FLORIDA, ADOPTING THE FIRST BUDGET AMENDMENT TO THE CITY OF TAMARAC OPERATING BUDGET, REVENUES AND EXPENDITURES, THE CAPITAL BUDGET, AND THE FINANCIAL POLICIES FOR THE FISCAL YEAR 2025.

BY INCREASING THE TOTAL REVENUES AND EXPENDITURES BY A TOTAL OF $2,895,924, AS DETAILED IN ATTACHMENT A ATTACHED TIER TWO AND SUMMARIZED IN ATTACHMENT B, ATTACHED HERETO AND INCORPORATED HEREIN, PROVIDING THAT THE FIRST AMENDMENT IS BEING ADOPTED IN THE SAME MANNER AS THE ORIGINAL BUDGET AND SERVES AS THE NEW ADOPTED BUDGET.

PROVIDING FOR CONFLICTS, PROVIDING FOR SEVERABILITY, AND PROVIDING FOR AN EFFECTIVE DATE.

MOVE IT. I WILL TAKE A MOTION, PLEASE. MOVE IT.

I NEED A SECOND. I HAVE A MOTION BY COMMISSIONER BOLTON.

I HAVE A SECOND BY VICE MAYOR DANIEL. CHRISTINE CAJUSTE, OUR FINANCIAL SERVICES DIRECTOR, IS AVAILABLE FOR ANY QUESTIONS. I WILL NOW OPEN THIS FOR PUBLIC COMMENT.

IS THERE ANYONE WISHING TO SPEAK ON THIS ITEM? SEEING NONE, PUBLIC COMMENTS ARE NOW CLOSED. I AM NOT SEEING THE LIGHT LIT BY ANYBODY WHO WISHES TO MAKE A COMMENT.

I'M GOING TO ASK THE CITY MANAGER AGAIN. I'D ASKED FOR IT LAST TIME.

I'D ASK FOR THE TIME BEFORE. I HAVE NOT YET RECEIVED A COPY OF THE PROPOSED BUDGET ON FIT ZONE ON THE WORKOUT PLAN. AS I HAVE EXPRESSED, I DON'T HAVE A PROBLEM WITH WORKOUTS.

I JUST THINK THAT WE ARE VOTING ON SOMETHING WITHOUT A PLAN AND HAS NOT BEEN PROVIDED.

DO WE NOW HAVE IT HERE? I'M NOT SURE IF I HAVE IT, BUT MISS, MISS KIM, CAN YOU START A PUBLIC RECORDS REQUEST SO THAT WE CAN PROVIDE THAT INFORMATION QUICKLY TO THE MAYOR? YOU KNOW IT'S AVAILABLE, I BELIEVE IN THE FINANCE DEPARTMENT.

AND FINANCE DEPARTMENT. WE JUST NEED TO PUT THAT TOGETHER AND PROVIDE THAT RESPONSE TO THE MAYOR.