08.08.2023 Pasco Board of County Commissioners Meeting (Morning Session)

[Music] thank you [Music] Pasco border County Commission 10 o'clock meeting of August 8 2023 at this time silence all electronic devices and mutual phones prior to proceeding I would like to take a moment to recognize a valued member of our libraries team who we traditionally lost over the weekend our thoughts and our prayers are with her her family and her fellow team members during the difficult time thank you please rise for the invocation of Pledge of Allegiance oh merciful Creator your hand is open wide to satisfy the needs of every living creature make us thankful for your loving Providence and Grant that we remembering the account that we must one day give may be faithful stewards of your good gifts amen [Music] one nation under God indivisible with the liberty and justice for all Madam clerk please call the roll district one commissioner Oakley here District Two commissioner Weightman District 3 commissioner Starkey she's on her way District 4 commissioner Bradford excused District Five chairman Mariana here thank you Now's the Time for public comment citizens are given an opportunity to comment on any current or future agenda item coming before the board or any other business before the board's purview today's public comment will be handled as follows first we will take public comment from those who are here in person then we will take a public comment from those who are pre-registered for a WebEx link and are currently on cue we requested when you address the board comments are not directed personally against a commissioner or team member but rather directed at the issues this provides mutual respect between the board members and the public after stating your name and address for the clerk a three-minute timer will be activated after two minutes a single beep will indicate you have one minute left when your time is up two beeps will sound and you should close your comments WebEx participants will be disconnected automatically when their time is up medical Court do we have anyone signed up for public comment no one is on WebEx for public comment okay first person we have John 's followed by Chelsea Waller I'm sorry you may begin John Thompson 2673 Wesley Chapel Florida three three five four four okay thank you um so I'm here to talk about items C10 and c14 on the consent agenda basically before we begin I just want to reiterate like I always do a special thanks to Tammy Snyder Ms Hernandez Mr Goldstein they put up with a lot of questions from regular citizens who don't know the process don't know the ins and outs of the the Planning and

Building departments Etc so I just wanted to say thank you to them and then also thank you to the Commissioners if there's one message that I can leave for all of the constituency and the citizens of Pasco County is how easy it is to reach out to the Commissioners and work towards solving problems and obviously trying to kind of and a couple of solutions this is one of those cases where with Seven Oaks we've had a long time working on this even before I became a member of Seven Oaks but obviously there's a lot of people in Seven Oaks that I represent that still feel the the mediation or the agreement doesn't meet what they believe is how Seven Oaks was supposed to be from a character or consistency perspective they still believe that the way that things are the way things should be going forward of course we still recognize Property Owners rights and individual rights for property owners but this is one of those unique situations the only thing that I wanted to bring up on this is the special language that's used again citizens sometimes don't understand what he wants of why Things are Written the way they are but one of the special characteristics and the agreement the settlement agreement is in the last paragraph where it continues to talk about a site plan that's two decades old I don't know when site plans expire it's hard to figure out if this one ever did or not maybe we just don't know the right questions to ask but there are some questions about what it is that the site plan reference always comes up means maybe there's something hidden in that definition that consider screen just doesn't understand and we always welcome your input and review in these types of matters and again I just wanted to thank you all again for being so patient and understanding and working with us take care thank you thank you Miss Waller followed by Doris Carroll good morning Chelsea Waller daward with Waller law on behalf of the Seven Oaks CDD my address is 38038 Meridian Avenue Dade City Florida 33525 I'm here on fc10 and c14 with Seven Oaks um in 2018 this board of County Commissioners denied the applicant's request to rezone s12b from Recreation to professional office use a few of those reasons for the denial was the number one the proposed office use wasn't compatible with the existing development patterns of Seven Oaks but the office use doesn't meet the criteria for a small-scale office development and a residential future land use designation and that the denial accomplishes a legitimate public purpose recognized by the comprehensive plan because there was public Reliance upon the existing recreational center zoning here we are again five years later and the applicant is requesting the exact same release they did in 2018 that was ultimately denied what is different now what's different is after the the board's denial of the county and the applicant entered into a mediated

agreement that created a list of primary and accessory and ancillary uses that they deemed recreational some of those uses under the agreement for primary was a pool hall and a bowling alley and one of the accessory and ancillary uses the dry cleaning facility so those are commercial uses and this agreement scared the residents of Seven Oaks they don't want a main event type business in the middle of Seven Oaks next to the clubhouse in the middle of their residences and this is the reason some residents reached out to you all and said they would prefer to have office because the original mediated agreement was far worse than office use but that's not the test here the reasons the board of county commissioner denied the request in 2018 still stand and the applicant's request should once again be denied thank you for your time thank you Miss Doris Carroll followed by Jody Armstrong good morning Doris Carroll 5244 Hawk Drive and holiday 34690 on Saturday August 5th the County Commissioners and County officials received an email from the American Indian movement of Florida that's Florida aim as well as the Florida indigenous Alliance which is a coalition of indigenous organizations working for the rights of indigenous peoples I'm here about the Anclote River Park development uh I will speak about some of the highlights of the email it is appreciated that the Pasco County and Parks placed a hold on the development plans however I have a meeting scheduled this on August 15th with Christina Cordon about the draft uh proposal the data 3 uh recovery plan so the two indigenous organizations are quite concerned they believe that it would not be in keeping with the spirit and intent of Pasco County ordinances to win Pasco ordinance 809.7 requires avoidance minimization and mitigation in that order of preference of adverse impacts on significant archaeological resources the report provided by stantec referred not only to the five sites within the development plan area but also the likelihood of indigenous cemeteries within the footprint of the plan development moreover Pasco County ordinance 809.9 deems that if an unmarked human cemetery is identified by a qualified professional that the cemetery will be protected pursuant to this section stantec was hired by Pasco County as qualified professionals and they have advised you that indigenous human remains are likely within the footprint of the development be further advised the Antiquities Act of 1906 prohibits excavations or destruction of Antiquities which would require which would occur should development proceed as originally proposed on the Anclote River Park the American Indian religious freedom prohibits prevention preventing indigenous peoples from access to Sacred and ceremonial sites and the Native American Graves protection and re-patriation act calls

for the protection of indigenous cemeteries in closing I want to say to you how would you feel if there was a decision made by a group of people to bulldoze the National Arlington Cemetery to the indigenous this is the same thing please respect their uh sacred burial grounds and stop this development thank you thank you Jody Armstrong followed by Michael CIA phoni hi I'm Jody Jody Armstrong director of Outreach for disability achievement center located at 12552 Belcher Road South in Largo disability achievement Center is the Center for Independent Living that serves Pinellas and Pasco County serving people of all ages with any type of disability one in seven people have a Mobility impairment and I don't know about you but I moved here because of our pristine beaches and one in seven people aren't getting out to them I was one of The Advocates behind the push behind the beach access mats that you have uh really I'm so excited that you've done this it provides equal access to anyone uh to anyone to be able to enjoy our world-class beaches this effort began over four and a half years ago and now there's a total of 20 mats in in Pinellas and Pasco with five more to go I specifically want to recognize grant writer Katie McMillan for being so proactive by reaching out to the forward Foundation shortly after the funding announcement was made and the funding announcement was originally offered to Pinellas County only but Katie took the initiative to reach out to Pasco to the to the funder and said hey would you fund a couple for Pasco and they said yes so we're here now and Northside engineering did all of the engineered drawings pro bono so there was a lot of effort behind this push to get these mats in prior to this effort Pasco County had only one at Sun West Park and thanks to the generous funding from the forward Foundation you have now have five access mats at Hudson Strickland Park Moon Lake and cloak key and risky Park and as part of the funding agreement Pasco County agrees to maintain the math so they can be used to their fullest extent there's a lot of things that that Pasco County can do to be more inclusive and the beach access map was just one Leap Forward in that effort want to plant a seed for future efforts towards all-terrain vehicles for the nature trails and haptic vests for the deaf so they can hear and experience concerts so there's a couple ideas that are just out there and um hopefully that you'll be open to other suggestions and things that may be may help make Pasco County more inclusive and I'm willing to help you in any way possible thank you for supporting this effort to make Pasco County more inclusive this initiative initiative shows that every single person in Pinellas in Pasco

County counts thank you before you leave ma'am if you would Colleen my assistant would you just give her your card so I can get get with you you brought up a couple ideas I want to talk about thank you Michael ciafone followed by Dylan rich for having me I have a moving out speech because I'm the person came up with them we'll be mad thing down in Pasco your name is dresser I have a brain energy excuse me I'm sorry sir first before you start just your name and address for the record and then you can begin Michael chiffon okay uh 880 on the end of white Pinellas County Florida thank you all right in the great state of Florida people come from near and far to enjoy our golf Gulfport golf beaches MobyMax are a non-stick permanent Pathway to the beach safely and easily for people with disabilities and our aging community according to the CDC 28 of adults in Florida live with it disability or our Mobility challenge I've learned to never give up on something you truly believe in that's what US TBI people do think of how many children veterans and civilians alike would be able to take these mats down to the water and sit with their families in wheelchairs and comfortably and enjoy the beaches of Pinellas and Pasco County I am the whole the eye and the whole disability Community will use these 15 mats in Pinellas and five in Pascal that was just stated by by uh Jody thank you thank you to the forward foundation for funding them all they believed in me thank you I just wanted you guys to hear that because they never put it on TV I always try to give it when I'm giving a presentation at the beach thank you thank you Dylan rich and Mr chair that's the last one I had signed up all right a little PowerPoint sent to Gina is there someone else I could try to send it to again so if you guys gotta move on and come back to New York Times thank you you have to move on and come back is there anyone's Republican anyone else from public comments no one else has signed up but I don't know if anyone doing all call all right while we while we're waiting for the PowerPoint to come is anyone else in the public like to address the board good morning Jennifer Kerouac Pastor Jen Shady Hills Mission Chapel 15925 Green Glen Lane and I just come before you today and I had the pleasure of of speaking with you know some folks last night that you know I'm very thankful that I did and some of the perspective of the Shady Hills Community and and the road situation within Shady Hills we had gained some learning and and so I come to you today and what was put on my

heart was simply let your yes be yes and your no be no anything beyond this comes from the evil one and so I just come before you today asking that your yes be yes and your no be no for the greater good of the people of Pasco County um you know that that where there are monies that that come from particular developments where there are you know monies that are out there that are to go to Improvement of roads that where there is a need for infrastructure that it would be done and um because it seems that you know the information that we received last night was that the significant issue that the community has with regards to the roads is and accountability and a responsibility for Pasco County and that I was encouraged to come before each of you here today to request that that the um that the county step up to do the roads to get a road study someone who had been in the traffic situation for a long time had encouraged us to ask commissioner chairman Mariano to get the engineering folks involved the head of engineering and the County Administrator and so that's all I'm here today with a smile on my face knowing that I am putting my faith in in this group here that that I know that your yes will BS and your no will be no thank you thank you all right sir power pointed out we need to get going sir anyone else for speak to public comment all right so this would be the last speaker did you want to speak anyway sir okay okay we'll close public comment time for Resolutions metal clerk would you please read the first resolution and with the recipient please approach the podium yes let's see um you are here for all the water quality month please step forward all right I'll go ahead and read the resolution resolution number 23-162 resolution by the board of County commissioners of Pasco County Florida declaring the month of August 2023 as water quality month in Pasco County whereas water quality month is dedicated to protecting bodies of water that are part of a connected and shared Water Resource and are essential for drinking agricultural needs and environmental health and res even though water makes up 70 percent of the Earth's surface approximately three percent of that water supply is fresh water with only one percent easily accessible for use and Razzle sources of drinking water include ground water from Deep Wells that draw from the Florida aquifer desalination seaweed I'm sorry that's not right desalination seawater reservoirs and surface waters from rivers lakes streams ponds and springs and whereas providing Clean safe and sustainable water resources are essential to Pasco County's environment economy citizens and visitors and Raz Pasco County's utility routinely monitors the quality of drinking water for contaminants in accordance with

federal and state laws rules and regulations and whereas drinking water provided by Pasco County Utilities meets or exceeds the Environmental Protection Agency regulations and requirements for a public water system and whereas Pasco County Utilities treatments process for drinking water includes filtration and disinfectants that remove or kill pathogens before they ever reach your tap and res every citizen can make a difference when it comes to protecting water through individual conservation efforts both inside and outside their homes and rasp house County Board of County Commissioners supports and encourages water protection and Water Conservation measures within Pasco County now therefore be it resolved by the board of County commissioners of Pasco County Florida that said board hereby declares the month of August 2023 as water equal water quality month in Pasco County and calls upon each citizen to help protect this precious shared resource done and resolved in regular session with a quorum present and voting this Eighth Day of August 2023. mode of approval all in favor say aye aye opposed Mr Oakley yes sir uh before I get started I guess David do you want to say some words and yeah I'll start off uh thank you commissioner Oakley and uh chair Mariano and other board members um water quality I'm David Allen I'm utilities director and from a utility standpoint you know public health and safety is probably our first and foremost charge in terms of water quality and what we do for the public to make sure that our drinking water is is safe for everybody but I think when you look at water quality as a whole it touches Us in so many different ways in in so much you know within just Pasco County I'm just thinking it through we have you know the AG industry that relies on good water quality we have the economy um particularly with the coast and preserving that water quality because that serves as a tourist destination and it's important for us to be able to support that and also through our water conservation efforts it's very critical and so we provide you know information to our customers annually through our water quality report that shows that we're meeting all the state and federal regulations for water quality and today they just want to express my thanks and appreciation for acknowledging the efforts that we do what you see here today is just a small sampling of all of the people that are behind it we have folks from our field maintenance Crews our lab staff as well as our project management staff and so you know there's so many more people not only in utilities but in other parts of the county that are involved with water quality and so again just want to extend my thanks and appreciation for supporting this resolution thank you yeah thank you David uh when you go to water quality Pasco County the water wars that we've had back in the years and gone through that and go now we're part of the uh which I'm the chairman of

Tampa Bay water at this time uh the Water Resource of having water and people worry about but having great quality of water is a is a must-have on all the water we have so we uh I while I was on my vacation I visited Niagara Falls and I said well what a resource for water I wish we had it in Florida so millions and millions of gallons coming over that they use for electric and uh water way back the late 1800s early 1900s was when they used that but Pasco County has done a great job in your staff I appreciate each and every one of your staff members I know there's more than what's here today but I appreciate all that they do for that water quality because there are certain things we have to do once we get water from Tampa Bay Water gets delivered here in a good quality of water from the reservoir from the rivers a desal plant all these waters are Blended for a very good quality and comes out one product one very good high quality water that we provide for our citizens so I thank you all for doing all that you do and that matter for us providing that water to our citizens and we always worry about how much water we'll have or if we're running out of water in some areas of our region of Tampa Bay Water actually you're hurting for pressure for water because we don't have the pipes ready to provide that water there but they will soon be able to get the same Quality Water we have here in Pasco County in our whole region so so we're always looking for more projects to be able to provide a better quality water and more water for our citizens and the tempeh water in Pasco County report hand in hand to be able to do that so I appreciate everything that you guys do so thank you okay anyone else you're welcome appreciate great work uh uh administrator be remiss is a water professional if I if I didn't say thank you obviously ditto David to everything that you and the team have said um and it's okay that people take what you do for granted because they do Until It Breaks and then we we recognize it but you underpin everything that you know the the county and modern society is built on so I just want to say thank you for for all that you guys do and uh well done well deserved thank you thank you if you will uh you want to stay up here then I'll go down with David I don't know thank you thank you so okay folks right here please at this point we'll go to the consent agenda I have a series of polls and that's 11 45. okay sorry C30 has been withdrawn c42 pull and revise c36 pulling revised are there any other pulls from the consent agenda make a motion we approve the rest of the items on consumers General okay the second second

talk you'll see the memo talk first about the 40 foot wide line standards for the 45 foot wide lot standards for the 40-foot landline additional standards for all single-family detached Lots updates to policy memo 10 in order to harmonize uh policy number 10 with this policy memo that we're talking about today pm26 the town home standards specifically and we'll have a short discussion on Villas and duplexes duplexes and then applicability type UDS and the 24-month assessment so what you see on the overhead is going to be an image on the left of the actual memo in case anybody is interested in the specific language but in summary in this first section what we're talking about here is no more 44 wide Lots in general in Pasco County 44 wide Lots will only be allowed in specific instances in tnds or Tod development patterns 155 plus communities which in those 55 plus communities typically there's a sort of a master development developer that has worked out how the Landscaping is going to be controlled over time and then for all other development that would take place in Pasco the idea would be to have a new minimum lot size at 45 feet wide and then there's a 50 threshold such that if a development exceeds 50 percent of its single-family detached Lots uh with a 44 by lot size they would have to have those be reimoted as we move through the memo we come to the standards for the 45 full wide lot so the new minimum lot width would be 45 feet this would include a seven and a half foot side setback and but there would be options available to enable higher landscaping and only on the explicit notice to the BCC that they would reduce the lot size have the higher landscaping and get the bcc's approval given the lock design that they want to do then if we continue through the memo we'll talk about standards for the 44 wide lot specifically so 40s as I mentioned would only be allowed in the tnd development pattern or in the Tod development pattern 455 plus communities here you would continue to see the five foot setback side setback between the houses this makes sense in the tnd and pod development patterns because these are traditionally development patterns that are looking for that higher density more lockable built environment and then it makes sense in the 55 plus communities because you have less Landscaping to maintain for people that are generally well 55 plus um and so in the tnd and TOD scenarios you would have these Lots be rear loaded because we'd be following that ordinance we are currently working on updating the T and E ordinance um and preliminary ideas will be discussed actually this month I'm not mistaken so those conversations will will engage the development Community to streamline our current team tnd code and then and so that when we update that

code you know we'll have better Clarity on how the Lots actually form up and what kind of rear loaded requirements we're going to have and then uh 35 plus communities we would actually allow the 44 red light to be front loaded some additional standards for all single family detached Lots in in Pasco undergo going through the mqd process would mean that shade trees would be in the front uh front areas of the house whether that's in the front yard or in the right-of-way the space between the sidewalk and the street for example there would be minimum landscape beds required for all 40s and all 40 and 50 foot wide Lots um and those Landscaping requirements you can see them in the memo text right here so 100 square foot landscape bed area for 44 white lots and 45 for white lots and 125 square foot landscape batteries for the 54 wide Lots um these would come with these Lots would come with a 23 foot long driveway requirement they would be funding on 50 foot wide right-of-ways and this would enable on Street parallel parking allowances to exist in these neighborhoods that would get constructed um in the in policy memo 10 there needed to be a number of updates so such that that policy number could be harmonized with what where what the direction that this policy memo is issuing and so in summary uh the tnd incentive that was discussed uh is there's a sunset that's been added previously we were saying that if you were required to build an alley you would be Given the tnd mobility fee incentive we want to Sunset that incentive uh for when the tnd code is actually updated and you can actually build uh to a much optimized standard and a better standard that's actually buildable and so if you do that if you built according to 15D you will get this in the incentive properly and then of course the state statute changed with regard to architectural monotony controls on single-family detached lots and so pm10 had to be updated according to the state statute changes and we've added the necessary language in there to enable the voluntary architectural controls that the development Community has been imposing through the through their projects uh additionally um right we added that language not we've been adding that language into our conditions of approval and mpuds that have been coming before the board the memo now clarifies that this language has to be standard and implemented in every case no quarterly reporting after all the county is now out of the business of controlling architectural standards so there's no reason for the quarterly reporting anymore so we've eliminated that um and then we move into um clarification on tree placement how to put it in the front of the of the house we've made some additional Landscaping harmonizations with pm26 as it relates

to the town home standards which I'll talk about in just a second and we've clarified the applicability of the single-family homes and town homes which in pm10 was kind of ambiguous whether Town Homes applied in that level they will not finally I think the state statute said that we can't control architectural controls we can't place architectural controls on two unit Townhomes these are also known as Villas or duplexes so we've upped a number from two to eight now to three to eight per Senate Bill 1604 which was around State Statute and then we've clarified what rear loaded off the alley should mean essentially that garages for rear loaded Townhomes garages should be located off an alley or similar access Drive the rear of the home here the pm26 townhome standards that have been talked about with the development communities mainly in summary we're talking about a 15 foot distance between buildings so you still see that seven and a half foot setback existing between buildings now uh we you still see the 23 foot uh length and driveway for front loaded Townhomes a two foot wider driveway than the garage door is built into the memo for Town Homes we are requiring planning this that's a new feature to the discussion and also for one car garages there should be one car driveways in order to preserve the front the front landscaping and then there's a list of architectural features that similar to how we did previously with single family detached forms now the state statute precludes us however we can do this for a townhouse townhouse products here's a list of the architectural features that we would control so that mana and me could be avoided among townhouse developments I won't go through the whole list so you can see it there in it additionally with the town home standards we've introduced a new table for minimum Green Space on townhouse products actually in some of the more recent mpuds that have come before the board these standards have been previewed the board has actually approved this table in at least two or three fpuds in the last couple of meetings the ratio for Palms to shade trees has been explicitly stated Three Palms to one shade tree if you're going to substitute and then no substituting shade trees with understory or fundamentals uh and of course Townhomes should also front a 50-foot residential lighting room and and both of the right of ways I should mention are the same it's the same orientation and division of elements within common developments for a single family detached developments uh with regard to villas and duplexes this memo is not applicable to villas and duplexes in terms of the standards here there hasn't been much discussion from the BCC or the development Community identifying the Villas and duplexes are an issue um

and so they will continue to come forward as they have in the past the one uh default change that we're making for those duplexes is that we're going to ask that they be that they be planted as a default in terms of the planning and development Department's approach to billism and duplexes um so that that leaves uh the applicability to mquds so there are two things that the Board needs to take into consideration under pm10 the logic was that any project that had not yet appeared before the Planning Commission and not mistaken um the rules would apply to them earlier this year there was a discussion from the BCC that said that these rules should apply all the way up to the moment of the of the BCC approval is basically trying to figure out what the the uh the grandfathering so to speak point would be if you were in the process there's a lot of projects that move through the review process it does take a little bit of time to review in many months some projects begin prior began prior to the articulation of the bcc's concerns and so what you could potentially be seeing as ampute is coming before you that likely include much of what we've talked about today in their conditions of approval but are not 100 there because they started earlier and had different assumptions built into their their project family so this is a a decision point I think for the Border County Commissioners to apply here in this in the red text the policy amount was applicable to all MPG applications that have not yet received their first round of review comments as of August 8th such a beauty shall be required to adopt a new standards or this policy memo is applicable to all MPD applications that have not yet been heard in the BCC including those that are currently so that's a decision point for the Border country Commissioners to consider uh lastly there's a 24-month assessment in previous demos we've talked about a six-month assessment because in six months we could properly gauge the uh success rate of implementing our conditions of approval well we've been very successful in doing that however the the issue has been what's actually being constructed in the field and usually between approval and construction is a time period of about 18 to 24 months to make sure that um that development actually follows the rules that we've set in place and so this memo is updated to talk about a 24-month assessment such that in two years from now in August of 2025. the board could take an assessment of all the different employees that have been approved since today did they follow through and how what what is the success rate what is the end product look like and are we satisfied anything uh and then finally this is exhibit a which kind of shows how the 45 volt wide Lance would form up in development with

their driveways and their lot lines and the side setback distances and and how the right-of-way is divided to ensure the proper Landscaping exists within our residential neighborhoods um that'll conclude my presentation there are some of the stakeholders here today from the Tampa Bay Builders Association as well as other stakeholders okay so Frank stack he's also here today also to speak to the board a little bit about some of the details great any questions for Terry from the board Mr Starkey can you and I think we might see a picture of what this looks like but I have to say they're you know this is a big Improvement but um the last slide that showed the diagram but um Terry um are we did we make any mention of adus in this because maybe this is a way we can read the approvals of adus and because if you have a accessory dwelling unit if you have a rear loaded home it's very easy to add a single apartment or whatever over a garage you may have a college student who still needs to live at home but wants a little more freedom or a family you know family member or you rent it out and you get some more income so people will tell you having adus is one of the best ways to a mix in affordable housing can we not is this not a place where we could make sure that this is getting into our vernacular that's not a place where you can do this takes so long but this is a this is a policy memorandum this is not an amendment to your land development kit right right this is a design a design okay so it's an enhancement it's a policy memo is a guidance for how the Planning and Development Department ought to negotiate with the development Community to make sure that we are meeting certain objectives within the mpud that we negotiate okay so to the to the to the uh to the point of negotiation can can we negotiate need to use into an mpud yes we could negotiate it this memo doesn't really considerate views that's a whole other discussion we were trying to solve the 44 wide or the the width of the lot question that the board had put forward so I I'm a big Frank has his presentation ready and you have the photos so I and one of the things I want us to look at is this third house down on the left which is I'm guessing that's a 40-foot lot oh the two-car garage uh this is an image of the 45s so the whole front is is concrete no the um basically the third one down see these these black planes here are the lot lines so this is this is illustrating a 45 foot line Loft dimension

um what you're seeing is a dark shadow um that's kind of on the on the side I'm looking at the driveways compared to the front width of the house but I think we have some photos can we can we have Frank's yeah comments and then we'll go to it thank you well let's let's take the board members first thank you commission thank you chair in this in this memo we have projects that come before us where we talked about kind of concessions with reduction of the park space so the green space in them was that subjected addressed um no because in a single family detached or even in a single family attached to a townhouse development developers typically will meet the park requirements without without alternative standard with them changing the code okay so so what I guess what I'm saying is that in a single-family residential neighborhood they will have the necessary park space that the closest requirements okay and then the uh next piece of this is there is there any synergies between this memo and built to rent product memo that we can do to expound upon what we've already done there is in this I believe in the sense that if one were to build a built to rent product what they're really building is is a single family neighborhood and they'll have to meet the single family requirements that this memo is speaking to so going forward then they would be 45s right okay for the for the for that single family development type we have to remember that built to rent is a business model it's not a land use type the land use type is what we're talking about here in terms of a lot widths what ends up happening with that lot later on whether that's sold to be simple or used as able to rent uh what we get is the standard that we've set up really so this will be implemented to that problem yes yeah okay thank you Mr Roper yes um Terry it's showing a car parked in that road and this project did we widen the road to be able to park on one side because she didn't wide the roads that we have in place now and park a car in the road there's no way two lane traffic can go by that car we have uh not wide in the right of way we've kept the right of way at our standard 50 foot right-of-way what you see in the image is two travel lanes that are 11 feet apiece so that's that's uh about 22 feet wide traveling a parked car is typically about nine feet wide so you'll be able to Transit around uh that's parked on one side of the street so yes in this kind of scenario you wouldn't want two cars

parked right across from each other and neighbors are generally aware that they have to keep the Rope clear in order for them to get to their houses so people and often self-regulate and stagger their car parking yeah appropriately well the problem happens is people don't self-regulate like they should and that gets to be a problem but when these are built you just have them where they're parked on one side of the road and not not the other yeah that would not talked about in this memo but there are conditions of approval within npuds and I believe in the code too that talk about how uh the the if there's going to be allowed any on street parking how it should be placed right-of-way yeah okay thank you Mr Whitman Mission Oakleys point we're not adding any additional space for say garbage truck to get down and turn around and service folks if folks aren't self-regulating as you describe that they do because I can assure you they don't and it increases a lot of liability for people who have to provide services to neighborhoods like these there needs to be some more room to be able to get down and provide the essential services that you know to keep the neighborhood clean I mean that's going to be I think a a standard dilemma I mean if you want your garbage to get picked up don't park in front of your garbage can let the garbage truck access your garbage can I mean that's I learned that lesson myself and I've had to sit with a full can for an extra couple of days because like I was parked on the street and the garbage truck couldn't reach and lift it up so um no I just uh it's funny I was having a little sidebar with Jack on the on Street on street parking um but uh I I like on street parking it's calm to traffic down but you do have to be able to get the garbage to touch red and the way we get around that in Long Beach is it's one on one side of the street only but and I think there's certain widths that we need to think about and I and I think Frank will touch on that one all right Terry had a couple comments um on the width of the driveway let me give them like two weeks two feet wider than what the garage is how the opening is correct and I think that should be moved up to about four feet and I'll give an example why let's say you get a two-car garage and part of it's gonna have some stuff in it maybe only one car garage like my house is being done if I don't park in the very very edge right next to my sprinklers I'm going to run over those sprinklers I want to give the flexibility to the builders if they want to go two feet wider that they have that flexibility just makes it a little bit more usable depending on how it gets played out I don't know what the board thinks about that but no I don't like it I figured that because you're just gonna have pump you know if you like that that

town home look with the whole Concrete Front I can show you a picture of that that's what you're proposing it's a house with only concrete unless it's a single car garage and again I'm looking at two feet extra if not anything more than that and I want to give the flexibility to the builders if they want to make it that way that they can go do it we did give he did put two feet in I know I want to give him two foot more you've got two foot now I want to give them the flexibility on the floor I mean depending on the design of the house the garage you could easily exceed the width of the home yes if you like that look where it's all concrete I'm just looking at it I'm going to show you a picture we're talking about parking we could talk about parking issues ETC and I'm saying when people have space if it makes a little bit easier for them I'd like to give them a little extra space and I also sent you something Terry on as far as in the front area looking with that car was parked in the on the map you see that green area that's right there that front area in Hillsborough County from what I understand has gone to where they say you can't put an oak tree there and we can go to Neighborhood after neighborhood where the oak trees are planted so close to the roadway my neighborhood because Jesus got a balance rate we had to do a big project where we took all the trees out there were oak trees in the middle that ruined all the sidewalks and their liability that kind of falls back on us we get calls you know who's going to fix my sidewalk Hillsborough County put an ordinance in place I sent it to Terry to take a look at it and if we put that in place here at least we don't have to deal with that issue there the oak trees with their back in the part of the lot they won't have a problem but I think it's something we should strongly take a look at and I think we'll have a conversation from the people in the audience the stakeholders as well and when the stakeholders come up I wanted to talk right now we got a ratio from three to one with palm trees I think palm trees are good as far as like affecting things not as much for a shade tree but if you're okay with that ratio I'm okay with it but if they have an issue with I'd like to have to say so last thing using the rear yards I think is something that's very big and originally went to a neighbor's house that had taken their whole backyard they're gonna pull they've got a fire they got cornhole Etc and they made an artificial turf and it works really well for them to maintain it you don't have to mow you don't have to do any lawn maintenance no pesticides going in no water being used I think it's a good use if we need to to allow it but again we talked about that so I'll listen to the stakeholders as well on it but I'm going to float that to you before we go commissioner Weidman thanks chair So when you say

we're we're in this member we're doing two feet you're asking for you know another foot on either side are you are you saying the language to allow the Builder to go up two up four feet not mandatory option okay thank you for clarification okay all right that's all I have another one of some stakeholders to speak as well Terry yes we have some stakeholders here that can present some of their information perspective on the subject um Terry before we do that can we have Frank's presence thank you well Frank's coming up too one thing I did want to comment on the on on street parking I do think one side if such we're going to keep 22 foot streets it's something that we need to let them go put in their regulations too so um good morning there's a dress please uh Frank Starkey 5939 Grand Boulevard in New Port Richey I'm um architect and real estate developer I trade my brother Trey and I who's married to the commissioner Starkey developed Longleaf which is the original and so far only real tnd developed in the county and a lot of the Lessons Learned there were applied in the tnd ordinance but I think they went over went a little bit too far but in the process that we'll come back to that later on the street discussion but in the process of doing that of developing Longleaf I served as the town architect I'm interactive with the develop with the home builders and negotiating the design of the houses as well as when we were doing the entitlements for Starkey Ranch dri I've talked to a lot of my phone Builders there so I'm familiar with a lot of their concerns and issues both as Builders and as The Architects designing the houses for them Frank could you talk more about what you do nationally in your affiliations well I can email you want my CV I'm I'm the vice chair of the board of the Congress for the new urbanism and I'm also a past president of the national Town Builders Association which is an organization of developers who do new urbanist traditional neighborhood development projects across the country um and I've been involved with the leader at a leadership level with the New urbanism Movement for 20 plus years the um a couple of the the issues that um that to consider about front loaded 40-foot Lots which I understand are are problematic from an aesthetic standpoint y'all have expressed an interest in in limiting or eliminating eliminating those um but I I wanted to just explain um using on the ground examples and this isn't a single out anybody any developer or project but just as an example of just some of the laws of physics the when you have a 40 foot wide lot with 10 foot wide setbacks that leaves you a 30 foot Lighthouse the thing that happens as you make a house narrower is garages

don't get any narrower because they have to be a 16 foot wide door and you need some space they basically have to be 20 feet they cannot squeeze any less than that I've occasionally seen 18 foots but I don't know any builders in Pasco County that are building 18 foot wide garages because it's just unless you drive too Mini Coopers it's just too hard to participate on the inside so the um so the garages doesn't the garage doesn't get any narrower Beyond below 20 feet what happens is that as you make the house narrower the the house part of it gets narrower when you get below about 12 feet you don't have enough width for a room so all you can have is a foyer so what you have in this photo um you can see that the 20 foot of the garage with the um around 10 feet of the house the garage dominates it just by pure math but also because that width for the livable space is or the air conditioning space is so narrow that it's not really practical to build that out so you So the plan is typically going to typically typically going to push that back towards the back of the garage so that you're not air conditioning the core to work for no good reason so what this is an example of it where the entrance to the house is recessed which makes the garage even more visually dominant um that right now and in that example there the the driveway is 16 feet wide garage doors are 16 feet wide um if you make it two feet wider on once on if you make it two feet wider which is what the proposal is you can picture that that's just going to be you know that much wider and commissioner Mariano to your to your point I think I I don't know what Terry's written but I think he's talking about minimums that Builders want to build wider I don't know why they wouldn't um if they want to do a 18 foot you know if the market demanded it um sorry a 20 foot wide driveway instead of an 18 because it's currently 16. you see what I'm saying so 16 is the width of the garage doors and that's standard practice The Proposal is to widen that two feet to 18 feet um I'm talking about the the driveway garage doors a garage door they're always 16 feet Yes they may take they've made 20 feeters but um I don't know any builders that use those except in custom houses and things so um uh go to the next slide does this control the slides okay these are two houses that are adjacent to each other in a development that's being built right now these are front loaded 40 foot Lots you have the same Dynamic happening here and I've got the floor plans on the next slide but the um the entrance side of the house is recessed somewhat but not as far as the other one it has a little bit more Street presence because it's a two-story

house and especially the one on the right the the two-story part is over the garage so it looks like a two-story house um this is you know a little bit better looking than because you see more house there I think what what people are are appealed what people find appealing is the housy parts of the house not the garage parts of the house um eight foot garage doors by the incidentally when you have a single car garage door that's kind of in the scale of a house and it doesn't look too bad but the market pretty much demands two car garages and that's what generally gets built so that's what you're dealing with this okay so this is the floor plan of those two houses um one of them's the one on the left is mirrored but you um you get the point so you've got a the 20 foot of the garage and the 10 feet of the entry just doesn't leave much for usable space there in both of these cases there's there are entries there and storage I've seen some other plans that have a utility room up there the when it comes to walkability whether it's in a tnd or a conventional neighborhood people still walk in it's not like people only walk in TDS and unblockability only matters there the shortcoming of the front of this house is that it doesn't have any windows on the any limb in any living spaces the only windows are on the upstairs which are likely bedrooms or maybe bathrooms and not likely to have the curtains open and not not conversational things where you're going to see your neighbors and have the eyes on the street make walkability a little bit better also with these narrow side porches they're not really big enough to furnish yes you could put a chair and table out there as some people do or maybe a porch swing but it doesn't really create a um a friendly front porch like you see when you've got um like this these are this is um in us another neighborhood in the same subdivision I think or the same project these are both 40-foot Lots um garage front and garage back you can see that you have the two thirds one-third situation going on on the right and these are both obviously a little bit more architecturally bumped up probably higher price point houses I don't think you should rely on on price point and Architectural features because that's just going to push affordability Out Of Reach for the market which is just not not a good or realistic thing to expect the um there's a there was a suggestion that well if we widen the size setbacks that will help the situation what that does if you've got the same size live widening the setbacks Narrows the house which going back to that 20 foot wide you know the the it comes out of the fat it comes out of the meat not out of the bone of the house then you you're just making the house part of the house narrower and the garage isn't going to get narrower

so we actually you actually can exacerbate the aesthetic problem of front-loaded houses by making those setbacks bigger and the houses narrower the other thing it does is that extra space just kind of gives a little more of a more gap tooth look to the street facade and it gives you more view of the side length the boring side of the house which usually have very few windows and are just kind of blank wider setbacks just give you more view of that so you're just looking more at the at the less interesting part of the house when the houses are closer together then you're paying more attention to the front where the architectural interest is more there's more detail put in in place there another comp again the comment on the house on the left by having a full porch with furniture on it in this case an extravagant double porch but even just a single porch that makes a much more conversational Street Escape than the one on the right which unfortunately has its Landscaping Block in what would be a view of the 14 if there wasn't of chair out there these are some Lots in Longleaf that were originally planted to be townhouse Lots then after the Great Recession when townhouses were just not a reality in the market F Street homes went in and replanted these to 30 foot wide lots that are rear loaded and my suggestion would be if you're going to make a requirement that if you're if you want to do 40 foot Lots they have to be rear loaded which I think is a sensible requirement you should also consider allowing those to be even narrower lots to help offset the cost of the alley so architecturally a 30 a house on a 30-foot lot is superior that's rear loaded is equivalent to or Superior to a 40-foot lot that's front loaded I would argue even a 50-foot lot because there you've got 20 feet of actual house with a 50-foot lot you might get 20 feet of actual house and 20 feet of garage but um if you're I would I would give a concession on the lot width to allow higher density to help offset the cost of the alley for rear loaded Lots which I think gives you a win-win-win um these are a couple situations that Catherine sent me pictures of of some of your parking issues I think that Hillsborough County jokingly I think that Hillsborough County Sheriff's deputy should be ticketed for parking like a jerk that's you know very irresponsible way for a officer of a lot of park I think there's two of them there yeah the other one parked all right the other one's where they should be though but the one parking um I mean he's not only the street he didn't even leave enough gas for somebody able-bodied to even squeeze between the two vehicles the ones on the left I don't I don't know what you do about um that the if there were a vertical curb there the sidewalk that would

obviously have kept the cars from parking on the sidewalk there's no there's no width constraints in that street so I don't know what the problem is I don't know why cars chose to park that way it's there seems to be I guess there just needs to be some sort of visual clue that it's okay to park on the asphalt completely um and to the to the comments earlier and the questions earlier about blocking streets if you've got and this is going back to front loaded streets and the illustration that Terry showed if you've got driveways on the street people you know you can't park in front of the driveways um for the most part so that that very much limits the number of cars that are going to be on the street anyway so the conditions where you will have the ability for cars to park directly across from each other yes people can be idiots and part stupidly but that's always the case anyway um the um if you if there are just fewer on-street spaces then that's less of a problem in general I I think your street your street standards are far too wide for especially for traditional neighborhood developments but for a lot of cases your alley standards are off the charts um for I mean they're they're built heftier than streets with curves on not on the outsides but also required down Center that upper left inset picture shows where an alley intersects the street and you can tell where the alley ends because the curb in the center the gutter curve ends um it's just kind of a extravagant like we want these alleys to never ever fail under any circumstance and I think generally in development you just have to kind of allow a little bit of slack for things to not always be perfect um and this is an entrance Street into a neighborhood but gosh that's wide enough to tax CSS now there's just no need for that to be that wide it's got dedicated Austria it's dedicated parallel parking which is not the same thing as on-street parking so that that's those are parking that are in Bays completely outside the the travel way plus it's got bike Lanes which is really unnecessary this is a neighborhood street that doesn't even go through to anywhere um and all that does is serve to just widen the visual effect of the street and make you want to just drive faster so I would I would seriously narrow down your street standards and this is a another condition this is a silly situation that happened from the Apple application of a of a requirement to have mid-block passages on the picture on the left the plan this where that red arrow is where just to the left of that you can see that there's a That Sidewalk just goes and stops this is a picture of How It Ends clearly a silly condition but the bigger issue with this is um is that this the sidewalks don't connect out to Chancey Road and it

really only is doing anything to connect within a neighborhood which is not really a walkability in the in the reducing Transportation issues so that's that's all I got yeah any questions Mr Starkey thank you the one thing I like about having the wider space between us and I get what you're saying but it does allow for that on-street car to be parked there for extra parking actually not huh the the the the space for on-street parking is a function of how far apart the driveways are which is a function of how wide the lots are it has nothing to do the side the setbacks have no impact on that whatsoever that if the drive so if the setbacks I mean it'll push too too far too closer together but the other ones will be farther apart um or vice versa so if you've got um 40 foot Lots you're you're going to have driveways on average every 40 feet regardless of what the building setbacks are you could have no building and you could have just a garage on that and wherever it is and that on average you're gonna have 40 feet which means sometimes it'll be 20 and sometimes it'll be 60 if you have car if you have houses that are flopped next door to each other but it's really not going to have a material impact on the number of on-street spaces if you increase the side setbacks Mission Whitman thank you chair thank you Mr storm yourself basically what boilerplate what I heard what I heard is larger lot size to account for the current way houses are built and or we decreased the lot size to the 30 foot so what I heard out of your you explain is we either go a larger lot side to accommodate kind of the size house is being built now to avoid that rectangle more narrow narrow Shake or we go to the smaller lot size with what you described on on the on the 30 or 30 foot example there it puzzles me a little bit because that's that's they're kind of you know they're polar from one another the difference is front loaded versus rear loaded yeah go narrower if the if the lots are rear loaded and um then you can and and the developer may want to go to narrower Lots because the alley costs more to build the so you kind of have to make up for that with lot with more Lots on the same amount of street so if your front if you're reloading then you can can go to a narrower lot than if you're front loading so that's what I'm saying so when you talk with the additional calls and Alleyways and everything you're describing there I mean what's I'll just throw it out there generally I I can't imagine the the cost difference to just have your standard larger line size say 50 I mean more green space same size house

you'd have less Road no Alleyway kind of you know less infrastructure there so much you really have my my rear wheels turning and with with your your presentation on what is the best fit which would be interesting to hear from the the TV VA group but it's really pushed me to have more more questions uh you know what what is the most efficient model here and as far as narrowing streets for the parking I I tend to disagree to be able to provide the services to provide the services that need need to be with the residents we saw some pictures of people's you know self-discipline and parking with tight spaces like that especially if they have a service vehicle that their Works allow them to bring home they have kids and they have one or two personal vehicles so I figure out a way to park so narrowing the streets I I'm struggling with that a little bit so that's just that's just my comments but I appreciate it expertise on this and so um I think it's a carrot to say if you will do if you want to do um more density you can if you do the alleys you can get more more homes you can have more density if they're rear loaded because it makes a very nice streetscape and it's it makes a community so I think that that's a trade-off that we're suggesting that because we don't allow for I don't know if we allow 40s Terry do we I mean 30s without is it what does our code say about 30s the Land Development code has a minimum width of 60 feet so the only way to get 30s would be through an mpud well say don't discount 30s this is all MPD discussions yeah yeah don't discount 30s if they're rear limited this is this is look at that street that's a great looking street right there those sold out like crazy now they're small they're not for everybody well some of those are 2400 square foot houses yeah they're not that small they're um commissioner Whiteman address your question that's a that's you know that's a question that that the developer of a specific project would answer but in general the more houses you can get for a gross acre the better off you're you want to you're going to be if you can get more dwellings I mean it reduces your infrastructure costs per unit um yeah and as land prices go up which they obviously are then that becomes more and more critical so simply lowering or increasing lot sizes as the only answer is is um you know is going to work against the ability to you know the financial drivers that are that are pushing development to say nothing of affordability um you know getting larger lives makes makes for an automatically higher price point just to just out of the gate so for off you know for all of those

reasons so generally smaller Lots with you know more units per acre I don't like to use the D Ward because it's it gets people tackles up but but generally your developer can get more units on a give them piece of land they're going to want to do that and it also means that that many more units that don't have to go to the next given piece of land and start to push into the areas that you want to protect from development or for keeping truly truly low density development 504 lots are not low density at all it's it's just uh um you know it's kind of a you know still consumes land at a pretty highly yes for him somebody was asking me one day if I cared about the law they they put in I think something happened in Hernando County 40 and pitchfit lots and things to me so I was I worried about that law coming into being and I said no it doesn't affect me at all and he said why not I said because I don't want 40 and 50s so that law doesn't have anything to do with what we want but I definitely not move in the 30s I've seen some 40-foot Lots in some areas with houses they're all two-story there is absolutely no green area between them or around them or in front of them I mean there's just no green area are they withdrawals kids have no place to play are they with driveways on the front or with drivers in the back that's an upright yeah never 30 seconds we're talking about not cheap houses we're talking about houses selling for over five hundred thousand dollars I don't think that's what our citizens really want Pasco Kennedy's been with a rural area and and tended to go Urban in some areas more so than I think people won't and I like more green space and I I like homes to look nice in the front and good Landscaping so we've we've missed that on some of the homes that we've got to developed so far and that's what we're trying to do now is correct it so I understand your point yeah I was just the point of my presentation is to is to say that I'm not advocating for anything but I'm just saying if you're if you've got an equivalent 40 foot lot if it's rear loaded then it does have the green space on the front it does have a friendlier Street it does have a better appearance and even if you go narrower it still is an improved Street appearance um and it's and also remember that um you know right down the street well right down the street from any of these is a pretty darn good neighborhood park that's part of the county code Appliance I understand but some people have small kids that can't walk to the park and their mother can't take them yeah they have no yard to play in at their house so okay we've got a few time certains coming up so let's let's hear from the rest of the group today thank you Frank well make sure like to come up by the way I want to thank the tbba for

being so flexible to listen to us to what our statements up here of the day is to actually go through these voluntary things that we're going through so Mr burgenstein Mr chair Commissioners Edward Briggs of the RSA Consulting Group 235 West Brandon Boulevard Brandon Florida representing the Tampa Bay Builders Association today I just want to start and stop I just wanted to say this I just want to thank you the Commissioners chair and I really want to thank Mike barbella and his staff for all the time they've spent working on this issue if you all with us because a lot of Labor of Love Has Gone into this policy minute so thank you also to Terry petos and his team as well and I think what you had before you're listening to also want to appreciate Frank for coming up and talking as well and adding his comments I think one of the biggest things that came out of all this is options that's what you're looking at today is different options different options for home buyers different options for the market and really this memo that we have before you today the tbba really feels comfortable supporting is it everything that we want to know is it you know and I think that's one of those things that even when I talk in Tallahassee that's really good public policy when it hurts everybody across the end we probably have a good product right there on the table and I think that this minimum really does keeps the Integrity of the market allows those options and continues allows for that flexibility of the home buyer to be able to afford different particular price points but also gives you all something that we've heard over and over again which is quality and a product of last a test of time and that's something that you all wanted and that's something that I think this memo gets you at when you start looking at it are there things maybe that you want to tweak here and there absolutely we completely understand that but we're very comfortable with it today and the biggest thing is the market helps drive that and that's something I wanted to give you all today from behalf of the tuba to all to pass out is really the home obtainability by lot size and I think this is very very important for you all to look at as you look at the average salaries throughout Pasco County here and how that equates to what a single person versus a married couple can afford to live here in Pasco what they can get out for a mortgage versus FHA VA or your or your typical conventional loan because I think that will tell you a lot based on what you're seeing that was displayed on different price points and what people can actually afford to get into and I think that's a key factor when you're starting to think about things and how you want to make sure that people hear so I'd love to pass this out with commissioner second all in favor say aye aye okay good cousin McClurkin and with that Mr chair I also wanted to say with me today and I would loudly if you do with your Indulgence allow them to come up I have Martin frame the

president-elect for tbba as well as Trent Stevenson he was our tbba government Affairs chair for Pasco County and also one of our Pasco GA members Jeff oloshager so I would also say a few words okay thank you very much Martin frame with David Weekley Homes and president-elect for tbva uh I just wanted to start by just uh thank you all for your time we spent a lot of time with staff over the last two months we've been able to give tours to most of the Commissioners I think that it was beneficial to get out and see some of this some of the developments some of the items that we have in here for landscaping what we're going to be doing about creating longer driveways to allow for larger trucks in these driveways and they don't overhang the sidewalks working with staff on the right-of-ways to have enough space for cars and trucks to get around um so just getting into some of the specific items that were uh brought out today Seth you had brought off some of the issues with auto street parking um I do want to add that to the additional uh 22 feet that we have for Drive Lanes there's also a two additional feet on either side of what we call mountable curve where a car could put a tire or a truck could drive over without getting into the grass so effectively a vehicle would have 26 feet to maneuver I think that's important to note it does give you a substantial uh more space than a mountable curve which is what the the vertical curve is and that is one item that talked about material making an adjustment in the memo right now it does say vertical curve I think the intent is for us to go with a mountable curve that you'd be able to drive over so that'll give us a little bit more space without having to go past the 50-foot right waves commissioner Mariano in regards to some of your issues with trees tbba is perfectly happy with precluding the oak trees from areas where they would cause damage we could work with staff to create some language to that effect and probably reference what's been done in Hillsborough County and other counties who have been outlawing oak trees in certain areas because they do cause damage so no issues there uh and then as far as just the the lot widths that we're talking about today I think it is important to note that we're not talking about 40s today we're really talking about 45s so we are agreeing to a large lot size than we have uh initially hoped for you know you had had me up here but in the past and we've been looking for a 42 which would have been a six foot side yard um we're at a 45 today and while it's not exactly what we want we're willing to support it because we know it's a negotiation or we want a back and forth relationship with y'all um wanted to see if y'all had any other specific questions in regards to the document has been floated around one other item so Mariano on the the list of

the driveways I don't think we'd have any issue with the laughing more width on the driveways to accommodate for people not having to step out and break their sprinkler heads and such okay Mark I want to say I greatly appreciate your hosting us I'm sure you've hosted everybody for for me to go out there and actually look at it because I was I'm a big fan of the front loader I like the way that goes but I'll tell you the product that you put out there the Landscaping you put out there um showed for a good look yeah and I think that's important um it's something that we've been able to work with all of the developers and all of the home builders on to get to a place that's not just representative of 20 or 30 of the home builders we have I think probably what is effectively 85 percent of the homes being built in the county as part of our group and as part of this discussion so it's very important to know that we're all along for this ride together with all of them and so we have a lot of support internally and it's not without some internal debate to get where we are today I know I know we all greatly appreciate you guys listening to the comments were made I know the conversation I was having before they just even started to get surfaced where there's dialogue going back and forth because I think we're all under greens we want to make a top quality product so it's good for you to have your great sales going keep on going but at the same time we can have a good long-lasting product down the road that we can all be proud of and happy to see and we've seen some mistakes out there that we've seen that I think the way you've laid it out in your cooperation with these architectural Landscaping other features that is going to be good for all of us commission waitman sure I just have to advocate for our oak trees maybe it's because before I was raised uh but I prefer the look of an oak tree live oak tree over palm trees so wherever they're appropriate but I'm I'm a fan of our oak trees so I'll just leave it there and we are working to give a little bit more space a lot of communities have five feet between the curb and the sidewalk we are looking at this new standard to have seven feet and we can work with staff to figure out what's appropriate and where they're appropriate because I I think everybody loves oak trees it's just getting them in the right place literally we've been through and I've seen in my neighborhoods and around us if you put them out right on the edge in that little space that's right there as they grow up it may not happen for 10 15 20 years but it's gonna and what it does you get you get an issue you got to be able to so if they put them closer to the house in those sections there they work great but just out in the very edge of the street and again for Hillsborough to take a motion on it I think is a smart thing I know we're not pushing to go but sometimes people who don't do like the old trees will put them in there but they just got

to cause problems for down the road commissioner Starkey um so I I've just spent uh some time in Key West that has oak trees that have been there for 100 years in the in the sidewalk and they it's amazing that I rode my bike all around those side once and I didn't fall down and practice it because they find ways to deal with a bumpy root structure and a lot of these guys live in Old Northeast Hyde Park but most of them are living in a rear loaded I will let you know that on alleys and they have an oak canopy and I was so grateful for that old canopy in Key West because it was hot so I'm with you I'm a big fan of the oak trees we're knocking them down when we don't need to and I had discussions with Mike cabal about valuing these large oak trees a little more because I don't think we value them enough uh and there was some research I saw somewhere that an oak tree supports either 400 and 500 different species but a palm tree supports about three and I think it's rats and and those nasty cockroaches I want to trim my my palm tree in front of my my boot house on a dead rat fell out so um so I love I love coffee but um I want I too want to thank you guys I know you guys have put a lot of time into this and I know what caused you all a lot of angst um caused us a lot of inks too but I think we we all want uh a better Pasco and so I really appreciate it you know it's not 100 where I would like it to be but it's so much better than what it was before um I'm glad we'll be doing our team de ordinance no one has ever used it it's so bad even those of us who did a tnd neighborhood we didn't use it either so uh I'm glad to hear that and and I hope that we can get that alley issue fixed so that's not so expensive and a road whips aren't so wide and get those development costs down because I I do really think that um people uh who want to live in a community where they know each other like that kind of thing we a lot of our County County staff live in communities like that actually so I'm grateful to y'all for all the time and um and I I know this will look better I did I did want to show one photo of what it looks like when you have a really wide driveway commissioner very much if you can she could put that out it is a town home but you can just get get the idea and um and I did meet with I'm not going to say the name of this developer but I did meet with them and they are not going to do these anymore um so this is not to denigrate that developer but just to show you what no not that one the one I just emailed you it um

when you got it I mean when you have a really wide driveway that's a look you get yeah and that's a town home and I'm just talking about foot and when you look at a foot one of those pictures that Frank was actually showing actually showed an angle on the driveway coming up at the bottom that kind of formed at a 30 degree angle coming through you get a sidewalk goes across through so I don't think would have the same effect that that's got but if you go take a look at driver drive down Regency Park go look at all the street all the whole all the cars that are parked in the yards because they can't have enough room to get in there so I'm just trying to accommodate if somebody's going to have a small house they may fill up the garage they may they may get one car out of the two in the garage like it is my like I said in my house if you don't have the room to get to the side it makes it really tough to get in and out it just if the Builder wants to do it I want to give them the flexibility that's all let them make the call I don't think it's a dramatic change so I want to give them flexibility to build the product they think and again I want to thank you guys for coming forward to work with us every step of the way this hasn't been a combative thing whatsoever and I think it's been to a very good product coming up as we go your members themselves may want to comment to us about the different things that may affect them share that information you know reach out to them and reach out to us because this is presentation only today we'll be taking the steps forward to go to to work the policy Mr Starkey so uh Frank pointed out and I hadn't realized that in his in the layout of and I don't know who support plans those were but I get it when you have the garage when you have a front load of 40. um the the door area the entry is is narrow um is there no way to push that forward and push the garage back so you don't have this I think I've heard it called snout most or I believe that was handled actually last year um in the memo last year that we're updating and it's still included I believe yeah we do have the strategy to bring the house elements forward so that you see parts of the house but not so much the garage dominated them so we we are requiring the door to be more forward but we don't want a flat front but I think it's three feet back it's the metal we allow the encroachment to take place so I think there's some code in there from last year because that was one of the big issues that was brought up with the member last year and this memo is um restating that memo um that should still be in it in its entirety as much that I understand and there's only there's a minimum amount of

40s that can be on a block I mean because 45 maybe a wider lock but it's still going to be a 20-foot garage and what a 10 foot space for the door or eight foot or whatever it is so it's still that awful look unless it's too slowly yeah yeah the the ability to bring the house forward still it was part of pm10 and you'll be part of pm26 and everything is harmonized between the two memos so you should still be able to uh give that encroachment and incentivize the architecture of the house cool like I said it's not 100 what I want but it is better but Mark anything else thank you okay thank you anyone else from TBA want to speak well good okay all right well thank you all very much we greatly appreciate your working with us and uh looking for your feedback is with a little bit further down the road so Mr chair I'm going to have planning staff implement this the question really back to the board is applicability uh Terry had mentioned it before as far as looking at it when it was uh Terry it was when it first first comes to the board or when the application if you could just expand upon that real quick so we can get more Direction on that this policy memo uh I I would I would need direction from the board of County Commissioners to go and implement the directives of the memo um but we need to know when to apply it so they have a bunch of mpd's in the process do we want to allow all the MPGs that have received their first round of comments to proceed without this memo do we want new mpuds only basically anything that hasn't received its first round comments to be answerable to this demo or do we want all mpds up to the point of Border County Commissioners approval to be applicable to this memo um I'm not going to make a call if you want this was a hot button issue for us because we have a lot of projects that have taken quite a while to get through comments in some cases a lot of the comments have been delayed getting to the developers and the home builders we would like some flexibility here as much as possible at the very least cut off of the first round of comments because there have been a lot of projects that are have been in the planning for many months and maybe even years based on the old rules so we'd like to have some relief given to those projects so any any amputes that have been in with their first round of comments I believe that's what we had talked about was the first round of comments and I think that's a fair fair thing um I think if they would still work with us great Landscaping is pretty easy so that's right hopefully hopefully hopefully they'll work with us but I but I think you're right they've spent all this time engineering to to throw the switch on it would be would not be the right thing to do we haven't done that in the past with other things we've

changed in the county so I don't want to start that now thank you um commissioner Starkey so we talked about the 10 foot reserved utility easement being reduced to five to take care of that in this I think we've settled that generally speaking it's not explicit in the memo but yes that you can put the utilities under the uh or the easements rather under the sidewalk areas all right because that's another way that you can help achieve the Landscaping goals I think we all we were reserving too much all right so let's say as far as like trying to put a thing the one thing that's different that I had brought up was that given the flexibility for extra two feet from the sides commissioner starkey's voice very clearly he doesn't like that what are the other two Commissioners think I'm I'm if it's up if it's up to and there's discretion if that's what the Builder wants to build then I'm for it but you know I I'm not I'm not opposed okay to mandate it opposed to that but if it says up to and they choose to do it I'll look up good with that Senator commissioner Oakley yeah I feel pretty much the same way I um those projects have been in the portal and been working toward their 40s and other 40s and 50 life sizes I wouldn't Force I don't think I would force them to go into this unless they chose no no he's saying do you want a wider dress do you want more I was just on a driveway or just the driveway part at this point I'm not necessarily a guest and that if it's up to them so okay all right so those directions what are we going to come up with um just one part garages or we still have two car garage two cars see I like a one-car garage I don't because you've got a problem with parts if you don't have the space you don't have two guard garage you don't have space to bark you got families that got kids that got cars too so you get a family with two teenage kids and they both have cars you got four cars in that place they have one garage on won't work I agree we're not we're not saying that we're not gonna change it we're saying up to four feet it's not saying the developer is going to want to voluntarily go pour more concrete I can't imagine that they would I mean no they may not but if the homeowner says hey I'd like a little bit wider garage door yeah exactly yeah driveway because I have a larger family or a work vehicle I mean gives the customer the ability to maybe have a little bit more flexibility with what they want y'all do rock paper scissors okay so so we've got to you got a consensus on the timeline you've got to consult with that flexibility if you guys want to look at that

audience about Hillsborough County about the oak trees I think we can look at that because it's not fair to like throw that right after right now but it's something that we can consider if we want to bring it back we're going to bring it back but for the rest of it I think we can go the way we are move on to two more items thank you very much Shellman greatly appreciate it all right and now resolution Andy Taylor okay they can close up all right Andy I'm going to read the resolution resolution number 23-161 a resolution by the board of County commissioners of Pasco County Florida recognizing Andy Taylor for his four and a half years of dedicated service to Pasco County and wishing him well on his future endeavors whereas Andy Taylor joined Pasco County in February in 2019 as the first legislative aide to then commissioner Mike Moore and continued his service under commissioner Seth Whiteman when he was sworn in in November of 2022 Andres Andy worked closely with commissioner Moore on funding and planning for Universal inclusive Universal inclusive playgrounds at Wesley Chapel District Park Pasco County's response to the covid-19 pandemic Economic Development programs and countless hours of preparation for each board meeting Andres Andy is known for his passionate commitment to working with and promoting Pasco County's tourism as economic development efforts with Pasco County's experience of Florida Sports Coast organization and has been referred to as the unofficial ambassador of the Florida Sports Coast I've got the socks on today by the way and I see the pin too very good Andres Andy worked regularly with the media relations and Communications team to share impactful stories with the community and provided content for the County's social media Andres Andy's Keen Eagle Eye proofreading skills insured perfection in reviewing the board meeting agenda and was an asset to the county to ensure no mistakes had been missed Andres Andy's insight into County operations and unique perspective on how things function quickly solidified his reputation as a go-to team member always willing to lend a hand Andres and he stayed with the county last year to work with the newly elected District 2 commissioner Seth Weightman among other successes Andy and commissioner Weightman worked with the Pasco County legislative delegation and County government Affairs team to secure a 1.5 million dollar appropriation for much needed sidewalks near schools Andres in August 2023 Andy is leaving Pasco County Government to pursue an opportunity outside of Public Service he will be missed by Commissioners County team members organizations the clerk and controller and citizens that he has worked closely with over the years now therefore be it resolved by the board of County commissioners of Pasco County Florida that said board hereby recognizes and thinks Andy Taylor for four and a half years of service to

Pasco County and wishes him well on his future endeavors Denon resolved in regular session with a quorum present and voting The Eighth Day of August 2023. all in favor say aye aye commissioner waitman thank you chair well Andy Taylor you've hit a home run we have property appraiser Mike Wells here senator fasana from the clerk and Tim and team and anybody else I missed we have the forest Department yes it's here as well you know Andy we um Andy and I kind of started in this in County government together around the same time some 10 plus years ago with commissioner Higginbotham down in Hillsborough County and it's where we both cut our teeth in local government and before that Andy worked for us a State House member I with speaker weatherford's office so it came from up top and worked our way down to to the bottom and uh it's been a real pleasure to work with you Andy over this period of time to be my partner coming into this new job and I for one thank you for all the service that you've provided to our citizens and businesses of District 2 Pasco County where you've worked in support roles for probably most everybody in this room here today celebrating you and wishing you well it's a brother I I can't be more proud of what you're going to be doing and the work that you've done and I'm proud to call you call you my friend so congratulations thank you commissioner okay push your Stark it seems like many more years than did you say four and a half four and a half seems like much much longer the the covid uh I was the chairman say during covet if any of my friends that work for the state are listening to this right now that should count double for FRS Tom so that's why I'm sure of that that's why it feels stronger I know you're gonna be missed but you and I had a nice conversation the other day and um you're going to be missed in this role but and I don't know what the new goal is and I did it um which I appreciate it it sounds like we'll be interacting a lot um I'm looking forward to that but um you're and I'm still going to call you for insight and uh and you are just a gem so thank you sorry that you're moving on from us but I'm glad that you're staying here and again thank you thank you and it does seem like it's been more than four and a half years you've been here so you wear on people but I appreciate everything you've done uh I even had Andy one time driving to Tallahassee I ended up driving the whole way and I think you about a block away from the hotel he said you want me to drive on the end I said no I think I got it now but uh it's all been good he's been a good supporter and he's been good for the county and he's been here so we we see all the luck in the world thank you

Katie I said don't don't sit next to Indy go go learn from Andy so thank you for for all the help you have given to my age Eddie been a great team member every step of the way I mean I think you are we're the go-to guy I know commissioner Moore relied on you quite a bit to do a lot of research et cetera you helped him get his ideas across to what needs to be done as well so you're definitely a tremendous asset I wish you all the best future uh coming up and uh glad to know you still staying local so thank you thank you and don't we have a little video up here by all and we know you're doing all the great things but you can fit such an asset one of the citizens of passport county okay it could be purely this we want to wish you all the best in the world by the way this is literally 130 degrees but it is beautiful as you can see there's a little bit of shot of the water yeah again any we love you we love you dearly and you're my right hand man for so long I know you've done a great job for commissioner Wakeman and the entire team of Festival County but again we wish you nothing but success in your future endeavors take care of Life all right very good oh it's nice so we've got a presentation in the clerk so let's go down and take a picture I know you had a big fan club so all Andy's fan club want to come up right up there so we thank you commissioner Weightman I was going to make uh comment and tell a story on the microphone I don't think I've ever told before but I was the very first legislative Aid in Pasco County I was the first person to hold this job I was the first one hired for this and the way that came about that not many people know was in January of 2019 I was sitting at home and I got a text from a friend of mine that I had known for years and he said hey the Pasco County Commissioners are hiring aids for the first time and there's this guy in Wesley Chapel that runs really hard and I think you're one of maybe two or three people in the whole world that could keep up with them and three weeks later I was here but what you don't know the person that sent me that text telling me these jobs were open it was commissioner awaken away so thank you uh commissioner I appreciate that and uh I I do want to say thank you again to the tax collector and the property appraiser and there's about 15 more people here specifically for this today but I know my protocol so calling out the electives we also have the whole Florida sports coach office here today which I deeply appreciate and will miss working with them every day and uh with that I know you got another item so I'm going to shut up and we'll start taking the photos all right thank you man up front do you want to go downstairs come on everybody everyone come on it was a good nice picture thank you what tax Collective property appraiser

Tim come on up chairs [Music] um [Music]

okay all right ready for you thank you [Applause] [Music] yeah nice to meet you um thank you commissioner Eddie good luck now we're going to move to our item r58 investment performance review Madame Clark thank you Mr this is the semi-annual update to the board on the Investment Portfolio at the podium we have Scott Stitcher he's a director with pfm and also we have the director of my finance department Matt Lazar and they are both going to present to you today Mr Stitcher we'll we'll talk about the market and what's been going on with it with uh what's going on the market what the themes are and how it ties to interest rate and the idea of higher for longer and then Mr Lazar he's going to go over the portfolio that my office manages for the board of County Commissioners and also the newly created report on investments that we are providing in addition then Mr Stitcher will come back up after miss Mr Lazar and talk about the portfolio that they manage for the board as well so Mr Stitcher thank you chairman Madam Clore Commissioners thank you for the opportunity to be here with you this morning I'll try and keep my comments brief on the economy here the fed and inflation continued to dominate the headlines the good news is that headline inflation numbers like CPI pce have been started to Trend lower we saw a very favorable pce reading through Fridays ago we get a CPI reading this week and again those are moving in the right direction from an employment standpoint the unemployment rate take down the three and a half percent uh last week and that gap between the number of jobs available and the number of people looking for jobs continues to narrow which the FED is wanting to see now the good news about having an employed consumer is they continue to spend and they are important in making up the overall growth of the economy make up about two-thirds of the growth of the economy so consumers having jobs and spending money is a good thing we saw the GDP for the first quarter come in at two percent the initial reading for 2q came in surprising to the upside of 2.4 percent so the consumer continues to be very resilient from a Fed standpoint the FED actually paused during the second quarter they chose not to raise rates at their June meeting however in July they did raise rates by 25 basis points again that the FED funds range now stands at five and a quarter to five and a half percent a 22-year high if you believe what the Dot Plot is telling you it would say that the FED

might have one more rate hike in them before the year ends but they've been very transparent saying they've remained very data dependent so the jury is out of whether we see another rate hike before the year ends uh I think what has come out of it though is we're going to remain at these higher levels for longer I think even the markets are starting to realize that so uh interest rates have moved up based on the fed's trajectory uh based on the economy remaining very strong persistent inflation and again the Market's mindset that we are going to be hired for longer uh the from the a fixed income standpoint we sort of had a tail two quarters the first quarter we saw what was really a flight to Quality based on some volatility in Regional Banks and so treasuries outperformed dramatically uh during the first quarter the second quarter uh the the the reverse occurred it was sort of a risk on mindset uh and you saw interest rates rise dramatically over the course of the quarter so the first quarter was a quarter in which diversification worked against you the second quarter was a quarter in which diversification was very helpful and we'll see that and we look at the portfolio here in a moment I'm going to briefly stop on page two to just drive home that point in interest rates did move higher during the quarter and then I'm going to hand it over to Matt's talk about the County's assets as in aggregate so the the solid blue line is a snapshot of the treasury yield curve at the end of June 30 the dotted light blue at the end of the first quarter and again you can see the dramatic move that occurred during the quarter that's bad thing for fixed income investors over the short term as interest rates rise bond prices drop however a longer duration portfolio longer term fixed income investor will be rewarded in higher income over the long term so it's not all gloom and doom it just hurts a little bit right now in the in the near term so let me stop there see if there are any questions on the economy fixed income Market if not I'm going to hand it over to Matt I'm saying keep moving thanks all right perfect thank you and if we're still taking boats on oak trees my vote is for oak trees so let's see that so just real quick what you're seeing on this slide is the overall unrestricted portfolio for the county some key items you want to point out just to bring to your attention in the top left that chart is the overall allocation the diversification of the funds at the county excess funds of the county has invested really what we're going to then gravitate towards that on the bottom is you're going to see a mix of the short term and the green and the long-term Investments the end blue and that again represents about 67 percent of the County's portfolio so the county portfolio currently stands at 1.8 billion dollars represented in front of you here is about 1.2 billion of that that is the unrestricted investment one of the big ones we want to point out to kind of tie into what Scott was

talking about the second line in the green box of short-term Investments for the Florida palm term that has been our money maker for us recently where we've really been do we've been forming a lot of analysis and we found that working with in the Florida palm term investments has been key to guaranteeing some of those returns that you guys are all looking to see so of that 396 million in the next 90 days we anticipate 7.3 million dollar return on that and then by May of 24 another 11 million dollars so overall just in fixed term alone 18 million dollars in return and that's not including any reinvestment of those funds that we would be doing so again kind of also if you look at the monthly sorry the expected yield to maturity is a key indicator kind of this God's point we would have looked at this two years ago we'd be on the lower end three or below you can see where we're sticking at five in some of those short term the unrestricted short term and even around four close to five in the long-term Investments and then obviously staying within our portfolio of the investment policy in Florida statute requirements any questions before going to the next slide no it looks like you're maximizing very good all right so on here we just wanted to reiterate for everybody while there is an investment policy that the county adopted uh in 2017 which we really started the seeing those returns we are also driven by Florida statute 218 415 which in the order you see kind of on the slide we have to maintain safety in the principles so we're minimizing Capital loss then it's liquidity we got to make sure we meet the operational needs of the counties the normal week operational needs of just it could be capital projects we can't have vendors and tell them we have money tied up so we're just making sure we work closely with the county department to make sure any project especially with the restricted debt proceeds that we are within drawdown schedules and if we need to we can move those further out to maximize any potential return which would be third on the list which is the yield so that it is in that order obviously we don't just invest just to say we do it we'd like to see it return but obviously in this order we do make sure we are making safe decisions for of County dollars so there in here before I go into the investment scheduler investment schedule that was passed out this morning this is the sector analysis which in the gray boxes the outline you'll see that is the maximum investment we are allowed per the investment policy and then filled in blue with the percentage represented next to it that is the actual where we stand as of June 30th so you can see we are well within our limits we are not exceeding any of those and that is really we use that in combination pfm has our policy as well to make sure that we continue to abide by any restrictions that we would have by the investment policy before I go into the schedule

that we provided any questions all right so in the schedule you provided this morning really real briefly the very first page that is just a summary of the investment policy of it is the one it's entitled quarterly investment summary report for the quarter ended June 30 2023 this is a new format that we are going to to provide you more detail give you more information for those who've been around you used to get an Excel spreadsheet it was really small probably couldn't see it so now this is giving you a high level so the first page is really just summarizing for a statute and the investment policy going Below in the authorized Investments section that is directly from our investment policy that the county adopted in 2017 showing the minimums and maximums for maturity and investment Authority continuing through on page two will be the kind of a repeat of the slide you see up here our goal is to continue to provide that information to you guys where they could just drives home uh really any talking points you may have it shows not only are we're diverse but we're managing the portfolio appropriately next section will be Bond proceeds of investment that is an important section there's not no detail there this time because there was no new data issued but we find that to be important for this because if our portfolio took a huge jump to over two billion dollars we want to set realistic expectations that that could have been influx of debt proceeds that were received just to call that out for you guys when you guys are kind of looking through that page three will be the market overview that'll be a repeat of what Scott had just gone over we will present that quarterly as well just to keep Maple ensure you guys are aware of keeping that on the Forefront the next probably most important section for some are the quarterly income earned so in this section We Will We Will document for the quarter ended and you will see what we have documented today for June 3rd 2023 is 2.9 Million Dollars in the last quarter we are expecting like I said in the next 90 days another guarantee of 7.3 million dollars just in the for a palm term investments and then really by the end of May 24 another 11 million just just in though that one item that we were kind of looking at earlier kind of to bring to your attention overall for the fiscal year we are about 30 million dollars in income earned which it brings us back to we would say pre-covet time so when we first adopted the policy we saw a large increase obviously it gave us more freedom to invest and so we were at about 30 million with 17 million of that being for unrestricted Investments the rest is related to restricted Debt Service questions what year was that your pre-covered number what year was that uh so 2017 is when we adopted the policy so 2018 it was so thank you good any other questions no

makes it easier all right so the then below that will be the investment activity that is again just summarizing what has occurred in the last quarter that's just hitting home what I just talked about before 67 1.2 billion of our portfolio currently stands within unrestricted Investments with the remaining 600 million being restricted for Debt Service or the capital projects that are associated with that so we've set up different investment accounts for all Debt Service obviously makes it easier to manage makes it easier for Arbitrage compliance as well we're reporting those calculations alrighty this next part will go a little bit quicker so here you'll see we have a representative a few schedules for you guys the first schedule is a summary of what you would probably see in the annual comprehensive financial report the act for it's just summarizing the different investment types and then for our pfm unrestricted as well as our Florida trust short-term bond fund we go into a little more detail because there's a little more more investment strategy driven obviously with pfm that being an investment advisor before short-term bond fund also follows a similar format when investing any funds that we would have put into those accounts and that good part is that is our longest schedule so that takes us all the way to page 11 so we're almost there on page 11 is the distribution of the cash and Investments for the county that again is kind of just showing overall what the County's portfolio looks like as we kind of go through the different diversification of investment again just putting in another format for you guys to see schedule three is the cash flows for the accounting and within the cash flow of the county you will see we are trending in a similar direction that we would anticipate we are still trying to be higher than prior year ending balance of 1.2 billion you'll see when you're kind of looking through the fluctuations in cash flow the most out the door expansions are going to occur September October it's the end of our fiscal year also Debt Service Debt Service payments are usually coming out during that time so that's going to be important to keep in mind April is another one another part of our debt service payment and then you'll see that big increase when the tax revenue comes in in December so just kind of as you see as in County kind of goes through cash flow we are showing its normal processes normal business operations for the county so far all right anything so far just just got to see we're not investing in the New Jersey um no you're not anymore so going through just kind of wrap up before I hand it back over to Scott real quick we've heard through a few of the meetings that we've attended you know understanding more of how does all these pooled Investments how does that affect

the overall funds of all the counties so we kind of done a breakdown in schedule four so the overall Cash Cash equivalents of 1.2 billion dollars it's not in just one place so we do allocate that based on the funds that are the county uses to do normal operations so the general fund probably the number one priority for many is of that 1.2 billion accounts for about 209 million of that equity and then you can kind of see we kind of listed throughout capital projects funds would be really the highest at 417 million but you got to keep in mind that's all the impact fee revenues that are going there so they are going to get a bigger portion of excess funds that will be invested and then again just giving you a chart to kind of look at if you like pictures better we did that as well and then the last schedule that for you guys is again just reaffirming our investment strategy we are sticking within the 0 to 12 month range obviously that has been where we are maximizing returns obviously still third but we do want to keep it in that range and we're continuing to work with pfm and really all our Investment Partners is to kind of make sure pfm's always giving us great advice and we've had great discussions and it's really helped lead us into discussions with our other Investment Partners to make sure we're following suit and we may see some of this gravitate in the coming periods but right now really zero to 12 months is where we stand for overall Investments okay sure so thank you very much so um and if there's any additional information you would like to see in the report we'll be happy to include it this was just us to provide additional information about the portfolio and the Investments and the activity okay no okay I'll try and put a bow on this and do this pretty quickly I'm going to start on page nine and I'm breaking out basically one line item from page four that that Matt went over and that's the portion of the unrestricted uh cash that we're responsible for longer duration portfolio as you can see on this page we ended the quarter at 381 million six hundred and ninety four thousand dollars we've taken a uh defensive stance in this portfolio and you can see that based on the duration number we show you there versus The Benchmark 1.71 years versus 1.74 years duration is a measure of the interest rate sensitivity of your portfolio so if you think interest rates are going higher and you want to be a little more defensive in the portfolio and that's what the stance we've taken I want to point you to the yield at Cost number 2.88 that's basically what you would earn today if you held the portfolio until maturity as opposed to that yielded market number if you were to hypothetically to go well and recreate your portfolio which again would be challenging but if you were to recreate your portfolio today you would earn a 4.76 so the good news is is that yield a cost number continues to creep up thanks in large part to maturities that are occurring interest that is occurring in the portfolio being reinvested in higher

yields so today the portfolio actually stands at a three point one two percent and it's going to continue to rise with time and the beauty of that is you're locking in that yield for longer say like a money market fund which resets much much quicker so that near-term pain that I talked about earlier you're being rewarded in a higher unit cost over the long term that serves as an insurance policy really to the county we talked about being Diversified the upper right hand corner shows you the sector allocation it is a high credit quality portfolio double A on average you see that in the lower uh left hand corner and then that duration distribution how do we get to that 1.71 years your portfolio is represented in blue and the thing to note there is you have an overweight in the zero to one year space that's money that will be coming due that can be invested in higher yields so we were seeing uh 5.29 5.47 and if you could we need to wrap it up you've done a phenomenal job well uh so happy to know happy happy to see the high yields and you capitalize on that short-term numbers that are boosting up to carry us on so I think you're doing great great thank you and I'll just finish on the performance page where we did outperform during the quarter we've outperformed for the year um you know and that's net of fees so we want to give back less than the market we've accomplished that and numbers have actually turned positive for the trailing 12 months we think income is going to continue to increase over the next 12 months I feel like you're in a good good spot feels real good instead of those numbers that we saw like 0.012 for many many years so I appreciate you taking advantage of the opportunities out there thank you my pleasure thank you thank you very much thank you all right we're adjourning to 130. thank you [Applause] [Music]

and other Aquatic animals storm drains are meant for clean rain water most others expect an elicited let's go County Department of Public Works at 727-834