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39 years ago. 39.
Wow.
Let me take a moment of our father, brothers and sisters.
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Moment of silence. Thank you.
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We will have an implication by Deputy Mayor
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Ma'am, would
you
give us the word from heaven?
Yes, sir. Dear Heavenly Father, we just thank you so much that we can gather here this evening to do the City of Cocoa's business. Lord, give us wisdom for every decision that we make, that we all do your will. Lord, we ask you to be with the astronauts who are in space now. Lord, keep them safe and bring them back home safely. We thank you for the whole space program here, Lord, and we just know that we are blessed with that. And, Lord, we just ask you to be with each one here this evening that has city business. And, ‸ Lord, let us listen with open ears. In Jesus' name we pray. Amen. Amen.
Please face the flag. I pledge
allegiance to
the flag
of the United States of America
and to
the
Republic for which it stands, one nation, under God, indivisible, with liberty and justice for all.
Thank you very much,
you
may be seated.
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maybe, cold, hot. You're here tonight. Thank you all for being here.
We should do it. Thank
you. Madam Clerk,
Mrs.
Arsenault, ma'am, I know you have an assistant with you, have an additional smiling ‸ face with you. Could you tell me who that person that's beside you to your
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Well, she actually stepped out to get you some coffee, sir.
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All right.
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Yes, ma'am. Could you tell us her name, please, ma'am?
Yes, sir. Her name is Brianna Early, and she's been with us since New Year's. Fantastic. Yeah, she's doing a great job.
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Okay.
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Yes, sir. Mayor Blake.
Present, ma'am.
Deputy Mayor Weeks. Here. Councilmember Goins. Here. Councilmember Hearn.
Present.
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Here.
City Attorney Ike.
Here.
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Thank you.
Thank you very much, Madam Clerk.
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What are the wishes of Council? Move to approve. Second. We got a
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Chair's going to call the question. All in favor by saying aye. Aye. Aye. And the nays, ayes have it unanimously.
Proceeding on to item number 2-2, regular meeting of November 12, 2024. What are the wishes of council? Move to approve. Second.
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What are the wishes of Council? Move to approve. Second. Okay. We have a motion on the floor by Deputy Mayor Weeks, second by Councilwoman Cost.
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Aye. And the nays, ayes have it unanimously. Awards and presentations. I see several smiling faces in the place with the human race.
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2024. Mrs. Bowman, ma'am. And I know you have the other gentleman there with you as well.
Thank you, Mr. Mayor. Yes, this is
a
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annual item that's brought before Council to inform Council of what the investments update is for the fiscal year ended September 30th. 2024. Mr. John Grady with public trust advisors, we'll give you a presentation first on the economic update and then he'll provide you an update with the status of the city's investments for
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Thank you. Yes, sir.
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Thank you. A few economic topics and then I will finish my presentation with a brief review of the investment program. Of course, during any part of this, if you have any questions, please don't hesitate to ask those during the presentation or as a follow up. So thank you. So let's jump right in. ‸ It's hard to believe we're already at close to the end of the first month of 2025.
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third quarter of
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initial estimate here in the next week or so. Third quarter GDP was at 3.1%. So similar to second quarter at 3% we can see. And I would suggest that
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coming into the last year. And the same holds true for the prior year.
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makes up certainly better than three fourths of the economy, it's been much stronger than many market participants have felt for the better part of 24 months. So that's the good news is that the economy continues to grow. The other side of that might be the amount of debt that we're taking on as consumers as well as the federal government. So that is certainly a challenge and what many folks are looking at and concerned potentially into 2025. But
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will finish that 2024 calendar
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So not too bad considering we were started the year at 1.6% and the thought was it may be closer to one, maybe less than 1% for 2024. So good news there from the overall economic picture. Jumping over to CPI. So really, as we remember, the Fed's two primary mandates are stable monetary policy, i.e. lower inflation and full employment. So as we see the economic indicator of inflation, CPI, we can see as we go to that right hand side of the chart, we've seen an actual uptick in inflation over the last couple of months towards the end of 2024.
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And just as a reminder, the Fed's target is right around 2%. We've certainly come down. This chart goes back 20 years.
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So good news is inflation or price increases have come down dramatically. But now they're sort of in that that sticky phase is what many market participants are calling that. A lot of that's tied to food and shelter and transportation costs, which are major expenditures for us as consumers. So that will likely be a challenge for us as consumers, although we've somewhat weathered that storm for the better part of two years.
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start to drift lower.
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start to lose the data points that are much higher inflation. So that brings that 12 month average down. So if prices can stay level, potentially come down, that should help bring inflation down. And that would certainly help the Fed. Remember, the Fed is going to generally increase that overnight borrowing rate, that Fed funds rate, to slow down the economy. And they're going to bring that rate down to hopefully to help stimulate the economy.
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part of 2024. So we've got inflation that certainly has come down, but still a bit challenging. The other part is full employment. So the Fed also wants to help the economy by having stable employment, low unemployment, good job creation on a monthly basis. The chart that we see on the top right is are those nonfarm payrolls or job growth on ‸ a monthly basis. It's somewhat skewed because if you look at the far left hand side of that chart, we're going back to 2021. Those are still months where job creation was being made up by more than 20 million jobs lost in 2020, as you remember, in a few months.
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consider a more normal looking job growth chart. That said, the market generally thinks that anywhere between 150,000
to
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250,000 jobs created a month is a good, stable number. We saw that number sort of bounce around
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256,000 jobs created in December. If we go back to a couple of months before that,
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They revised that, I believe, 34,000 jobs created. The reason for that, though, we had three significant hurricanes roll through the southeast that were very devastating. And we also had that dock worker strike, which it major ports around the country. So that was a big reason for that October number. So if we set that aside, arguably job growth was pretty decent at the end of 2024.
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very favorable number.
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When you go from 3.4 to 4.1, then you may be somewhat concerned.
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we think about the
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long periods of time, we're still in a really good spot when it comes to the labor market. So inflation a bit sticky. Labor markets seem to be still fairly decent. We didn't have as much job growth in 24 as we did in 23, but still
seemed
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to be very healthy.
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the Fed's goal, again, of helping us to have a stable economy,
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in those checking
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Very dramatic increase,
you
recall, last year when I was talking about this. Most dramatic monetary policy in decades, if not more than 100 years. So now we've ‸ hit that number last year in July of well, pardon me, in July of 23. It held steady for about a year. And then in the summer, the Fed started talking about potentially lowering the overnight rate. Really, at that time, the thought was that the market was starting to cool, meaning labor ‸ market was starting to cool, economy potentially starting to slow down.
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of 2024 and into ‸ December, cut ‸ the overnight rate at three separate meetings from 5.5% to 4.5%. That's actually still a healthy overnight rate if we look at the overnight rate for the last more than 20 years. And in fact, if we go back from 2008 to now, so call it 17 years, that overnight rate was zero for about nine of those years. So still in a pretty healthy area from the overnight rate. And the Fed has actually revised their expectations upward of that overnight rate, suggesting that they feel even more strongly now than they did in September about the future of the economy, at least in the near term.
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predictions, they're projections.
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we do not market time your investments. Your goals are safety of principle, making sure you have enough liquidity, and then seeking to earn a market rate of return.
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So just looking at this chart, a lot of data on here. Really what we're seeing is the overnight rate back in September, the market was projecting that overnight rate to go
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5.5% to 5.5%.
So almost half of that rate potentially cut. And we see this chart going from the left to right. You see that ‸ higher circle that's suggesting fewer rate cuts. That's great news. That means that right now the market's projecting that overnight rate, short term rates and rates interest rates in general to stay elevated versus what expectations were a few months ago. And again, that's good news for your investment program. And so to wrap up this part, and then we'll jump right into your investment program. This is the U.S.
Treasury
yield curve looking at it year over year. So if we look at this chart, it doesn't seem like much has changed. And in fact, if we look at the left hand side, you'll see the decrease
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That mirrors that 100 basis point rate cut that I talked about.
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And if we go from left to right, we can see actually that blue line just a slight bit higher, meaning longer term rates have actually trended up a little bit higher. That's also great news because as you're reinvesting your maturities within your investment portfolio, you're now earning a higher rate of return by taking on that additional maturity structure within the investment program. And then going back to the left hand side, overnight rates staying higher than what was expected. Those help your liquidity investments as well.
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duration. And we'll talk about that in a moment. So on this slide, doesn't look like much change when we look at year to year. When we look at this slide, we can see this is 24 months. But if
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of this chart, the last 12 months, a lot of volatility happened in 2024.
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we've seen rates bounce back by more than a percent since September. And that means continuing to
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half percent more recently. So great news. So that's a summary of an economic update. Certainly don't want to rush those comments, but hopefully that provided you a bit of background on that. Let me just pause for a moment. Any thoughts from the mayor of the council?
Well, let me be first to say thank you, big John, for your continued collaboration with our finance director. Thank you. Hand in hand. Clearly, we see the improvements, the wise investment.
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And that's what we're doing now.
Yes, sir.
So I thank you for that. So we try to be good stewards of the taxpayer dollars and invest wisely. Yes, sir. The market has been fair to us and equitable to us. And I look forward to that. It continued to do so.
Yes, sir. Let me thank
you.
Thank you. Yes,
sir. I'm just
going to finish with a couple of slides on the program itself and just highlight that again, safety, liquidity and yield are your primary objectives. The investment program is actually built around your cash flow needs. And again, this is important for our collaboration with Miss Bowman and her team. Her information provides us the understanding to make what we believe are educated, ‸ knowledgeable investment recommendations to Miss Bowman and the team. It's based on the sources and uses of funds. Where are these funds coming in ad valorem, other revenue sources?
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going to need through the current fiscal year and then and then future fiscal years. And then seeking to develop that strategy.
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So, again, liquidity and then three separate investment portfolios to allow you to take advantage of U.S. treasuries and fixed income investments generally between one and five years.
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far and staying with very high quality fixed income securities and those separate portfolios. I'll jump into right now.
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managed outside
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So, again, part of that balanced investment approach. A couple of highlights I want to point out here inside that blue box, you'll see the book yield that book yield from 23 to 24.
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opportunity. And so you can see that
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Even as market yields came down, you'll see that market yield. So while market yields came down over the year through September, your investments continue to increase in yield due to that longer term strategy you have in place.
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that actually resulted in the income on this portfolio year over year to increase more than two and a half times. And you'll see that same sentiment here through these various investments as well as through the ‸ overall investment program on the last slide. We reinvested around a third of this portfolio over that 12 month period. And we captured rates anywhere from 3.5 percent to as much as 5 percent.
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cycle.
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one to five year area of the curve primarily. And we continue to reinvest to maintain an average maturity structure of about two and a half years.
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It also has an average maturity of two and a half years. You'll see this is very similar to the operating portfolio structure, although it's slightly different because these are funds that are designated ‸ based on your bond
indenture
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requirements. So at
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amount that you need to maintain in this portfolio. And if that can be reduced due to reduced requirements by your bond and
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that money can be moved out into the operating fund and reinvested in that manner.
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a third of this portfolio during that same time frame. Again, keeping that similar strategy in mind. And much like the operating ‸ reserve portfolio increased almost a full percent during the same time frame where market yields drops a similar strategy. Also saw a significant increase in
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And we'll hopefully continue to see that into this fiscal year as a result of your current holdings.
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And these are ‸ simply assets that are restricted in nature by the city. It's the smallest
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percent of overall investments from the city. Slightly different portfolios, you'll recall.
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those zero to three to nine to 12 month area. This portfolio we allow securities to actually come to maturity.
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needed, we simply reinvest those back out on the curve. So this portfolio has a duration or an average maturity of around two years. So slightly lower, but similar. Of course, all three portfolios are fixed income, as I mentioned. They need to fit within the parameters that are governed by your investment policy as well as Florida state statutes. And you are compliant not only from an individual portfolio, but also from an overall investment program.
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This is your asset allocation chart as of your fiscal year end. And you can see on the far right hand side the compliance check. And all of those are yeses, which is where we want to be.
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approach. Miss Bowman over the last couple of years has developed a very streamlined process from a fund accounting approach. And what that does again is allows her to maintain the amount that she needs within these funds, but then allows us to provide a more efficient approach to investments and not leave more than needed in any particular investment vehicle because it's unknown. It's known.
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And that's increased your interest earnings from well over 2 million to well over 5 million. Now the market's been generous from that perspective, but there's two parts of this. One is the market offering interest rates that you can invest in.
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is having a program that allows you to take advantage of those rates.
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If rates go down, of course, we would likely see interest earnings go down. But because of the approach that you have, you'll be protected for some period of time because of these investments that you've made in the past. So again, well balanced, compliant. We're very appreciative of our partnership with the Miss Bowman, of course, with you all and with the city. And with that, I'll pause for any questions about the investment program itself.
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Yeah, I was just going to say really impressive. And that figure, I'm not used to those 185 million.
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Anyway,
185 million. That's pretty darn good, I would think.
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How do we compare, I mean, to other cities of our size? I mean, we must be...
That's a great question. It's hard to do an apples to apples comparison. What I would say, and
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Public Trust, we only work with public entities.
Mm-hmm.
So with that background, what I would suggest is that it's been wonderful to see that ad valorem's property values, other tax revenue sources have increased as we've had a pretty strong economy here in Florida for several years. So what I've seen from entities that I work with have been an increase in balances. The increase in interest earnings can also help offset costs for project, because as we know, the other side of that are project costs, capital projects in particular, have skyrocketed since 2019, 2020.
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they're helping to offset some of those higher costs that public entities, cities, counties, and so forth are facing.
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here in Florida and around the country, but certainly here in Florida,
and
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increase. Again, a lot of that due to stronger property values and ‸ a stronger economy overall here in Florida.
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And so then most of that is just reinvested, right? So do we, it doesn't actually go into the general fund if we have.
No, that's citywide assets. Yes. For all funds. And obviously a large portion of it belongs to the utility fund. Right. Not only from excess cash that the fund may have on at a given time, but also the reserves that the multiple bond issues have. So we have to set that money aside and hold it.
Right.
And we can't spend that money.
Okay.
Great. Thank you.
Thank you. Thank you for the partnership.
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I
just want to say thank you.
You
did a great job explaining it to somebody who's new to
the
council and city government. And I appreciate that. And I know that we are limited as far as what kind of areas where we can invest, but it seems like we are doing pretty well for, for what we're limited with. So thank you very much. And thank you very much to
miss
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Bowman. Wow. Great job. And congratulations to you. Thank you.
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Thank you.
Thank
you.
You know, this is indicative of the communication collaboration and cooperation we have. Yes sir. From,
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teamwork is the dream work.
Yes
sir. And that's what I'm, I'm tickled pink about because through our leadership as a whole, as collectively, we're accomplishing things and we see the end results of the great investment of our property. We're growing as a city.
You
are.
Because if we're not growing, we're dying. So we must grow. And people are
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And they're investing their livelihoods and their spiritual beliefs here. And I want them to pray,
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themselves right
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and not take this tax dollars or
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right here in the square
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And
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So thank you. Thank you.
Thank you
Mayor.
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Thank you
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of applause man. That's all right. Appreciate you brother. Okay. Proceeding on to delegations. I have two cards. Thank you sir. Thank you Mr. Beach.
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We have two cards on the forefront.
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That's a who?
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Is that a V or a Y? I'm not going to.
Janilah.
Janilah. Oh Lord look here. I have my glasses on but thank you Mrs. Smith. Janilah. Janilah.
She's a little shy. She laughs when she's shy. That's all right. Take her time.
I commend you for being here.
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us please
miss
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Smith.
She said. Do I go? Okay.
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Good afternoon Mr. Mayor.
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Esther Marcel.
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I
would like to ask you can we have a crosswalk in front of the park so we would not have to walk a block away from the park just to get to the stop sign across the street on
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Thank you.
Ms. Janilah.
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‸ I commend you. You know the top of your head looks great. But your effervescent smile is even better ma'am. Thank you. So we thank you for standing up and being firm. It's okay. We as adults
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please. And thank you for having the courage to come here.
Are
you referring to Anderson Park? Is that the park you referring to? Okay. We just got the new sidewalks put in there. So I'm sure city manager could look into that. Getting that accomplished.
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Thank you so
much. And to add on that, you probably noticed the
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That project isn't finished yet. So we're at a stage where we can probably look into getting that done.
Thank you so much.
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We
appreciate your time. Thank you.
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Excuse me.
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left. That's okay. But these two on my left are past Deputy Mayor. So I'm sorry.
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at Highland four-way stop sign or would you?
On Park Drive and North
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a stop sign there right there. Because you have to walk a whole block before you
could
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get across without really jaywalking across North Fist. So that has a stop sign to stop the cars from coming this way. So if we could do a crosswalk across North Fist, that would be great. Because that next block is a stop sign there.
So there'll have to be that flashing yellow light too there.
Okay.
You
got it.
Yep.
All right. Thank you.
Thank you, Mrs. Smith. But before you depart, again, kudos to you, ma'am.
Thank you.
Because young lady, look to your immediate love. ‸ You should see nothing but love. And I know that's your mom, but that's love for her to be here with you. Thank you. Thank you.
Mrs.
City Manager, you have direction. Mrs. Morgan, you have direction. And our police and our fire, everybody works together as a team. Just like you all, the dynamic duo. Thank you.
Thank you. Thank you
very much.
Thank you so much. Count
it all
joy. Yeah, be blessed.
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what part of New York you're from. I'm from Brooklyn. Thank you. Without introduction, all the way from yours truly off Satellite Boulevard, west by west by God, Coco. Yours truly, Mr. Ted Ford. Please come forward, brother. State your name.
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I was just seeing if Mr. Goins had any updates or since
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Okay.
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Um, like I told you before, um, Mr. Walsh, he's looking into it. Um, but we all know
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Of
course. Yes, sir.
And then the second thing, I was asking for temporary water.
Uh,
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solution, you know, with the meter on the hydrant.
Yeah.
And we've already discussed, you know, I asked for a meter to be
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so I could hook onto it and I was denied. And then given some kind of brochure with a bill
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of
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So, and then they
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that. And I've witnessed three and I'm not going to step on any toes and someone else has witnessed that. That they just installed one to a
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and it's going out of sight.
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Hmm.
So, I don't know how that's possible when I asked and I was denied. So we'll go forth and move together and I'm still dreaming. I'm still waiting on a water station. I can see it now. So you got to understand that
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pulling in. Water's life. And I know this means some people don't mean nothing, but when you don't have no water, even animals, and I'm not speaking on- for me, I'm speaking on behalf of others that's unwilling to come, afraid to come. They're afraid of repercussion like,
oh
dear God, here they come. They're going to get us. They're going to
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But you know, demographically we need to grow. Like you said, we got to grow. And I understand ‸ out there
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And I'm not saying that's anything important, but they're there, you know. So we should be getting be treated fairly. Each one of ‸ the residents have the same opportunities as next. I don't ask for nothing free. I don't ask nothing off to the side. I just ask for fair treatment and move forward. So there's three water taps been put in after I asked for them. So that's not fair. ‸ So if they're there and someone's seen it, but I won't say no words right now.
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Yes, sir. So
and
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the water station, it's doable. I know you have funds that can get this. It's obtainable. So you just have to, I know it's going to take a minute and it's going to take some hard work and it's going to take some grinding. And I ain't afraid of that. I'm from
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‸ So that's where I come from.
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Yes, sir.
So I know what it is to hard. And I know she prayed. She said in Jesus name. The other day, I didn't have no water. God sent two rainstorms filled to water collection systems up. So God answers prayer. And I'm not perfect.
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And I thank each one of you. Give me the opportunity to speak.
Yes,
sir.
I
appreciate it. Thank you. ‸ You're going to make me send my hat around here. Yeah. And I know it's from the heart, sir. That's why I respect it. Yes, sir. All right. Mrs. Singer or Madam City Clerk or Madam Junior City Clerk, do we have any other additional cards?
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All right. This concludes this portion of delegations. Moving on to consent agenda item. What are the wishes of counsel?
What's approved?
We have a motion
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going to call the question. All in favor by saying aye.
Aye.
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Proceeding on to item number 7-1, Council Business. Consider
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January of 2026. She has
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She has one more term. She completed every, all
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Second by Councilman Hearns. Chair's going to call the question. All in favor by saying aye. Aye. Aye. Aye's have it unanimously. Proceeding on to item number 7-2. We have three simple items here requesting $1,000 for the Jumpstart Scholarship Program.
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low income seniors to create a pathway for their future. They have three conditions stated by our city council and staff. Limited eligibility to students attending Cocoa High School. Also residing within the city limits of Cocoa require the students submit their grades at the end of the semester and
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What are the wishes of council? Motion to approve. Second. We have a motion on the floor. I'll let you expound ma'am. I know you want to say something.
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Who's in the audience?
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Oh, you mean
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Step right on up. Thank you very much, Mrs. Chimadi.
Thank you.
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You're a tag of pride. Yes, ma'am.
coco
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Strong.
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Go ahead. I'm
just ‸ here to be able to know that this is going to be approved because we are in the business of helping students and there are many students that are in need currently and we know that as time goes on there will be more that will be in need and this is based on them demonstrating a need of income and also they have to be able to meet other criteria. So there are guidelines, but we need the funding available to assist.
Right. Very good. Thank you. That's service with
the
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smile. Just for the record,
who
made the motion? Just let me make it. ‸ Councilman Hearns made the motion. The second came from Deputy Mayor Weeks. Thank you very much.
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it need to have that it's
a matching
it's matched by by
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and their funds are matched by the state's dollars, so
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But
the fact it's prepaid, it's already paid, is what prepaid means, doesn't it?
No, that's just the name of the program under the state. Yeah, I know it sounds can it sounds confusing when you say it that way I'm all for helping
people so yeah that's just
the name of the program from the state of Florida it's a Florida prepaid program but the funds are going to be available for him when he's there to use it at a later date, okay the recipient of the scholarship okay thank you
you
I just wanted to say that
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that Florida has and these students have not done that. What they're doing is getting the matching funds from that particular program so these are students who
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okay moving on ‸ to item number six excuse me seven dash three approval from City Council of the legislative priorities. As you can see in our agenda, we have two outstanding ones, but it's all consolidated together. that's economic and community development and investment public infrastructure as well mr. city manager
thank you mr. mayor we we're submitting these for your review and approval I think they are unchanged from last year I think it's a total of 11 priority areas that we we want you know you guys to approve and for the legislative delegation and the legislative and the legislature to uh focus on it. So we would ask your review and
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approve, ‸ Okay, motion to approve made by uh councilman her and I'll second his uh motion his first motion whatever and
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um I just wanted to give a big kudos to city manager and staff for once again capturing uh the council's priority for the city
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we are uh lobbying for these priorities. um They pretty much capture everything that that we're looking at accomplishing the city within the
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Thanks, Alex.
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Now, that's a no-brainer because liquid gold. I'm going to make the motion, and I'm looking for a second, but Jack, I'll let you talk if you like. Second. Okay.
Yeah,
we had this on consent, and ‸ I took it off of consent so that Mr. Walsh can highlight ‸ what this actually is. I also sent out to you guys today the news on the grant awards there, and so we're still trying to figure out what that means. I'm not sure whether this is affected by that, but this is a ‸ great project that I wanted Mr. Walsh to highlight. Yes,
sir. Thank you. So, just to summarize, because it's been a while, I think this project came about during,
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It was a Dorian. I don't remember. Which was 2018.
And
so, if you remember, we had a failure in the one transmission line underneath the river. We still had a second line, but the discussion was, ‸ should we have a third line? And that, ‸ and also ‸ the City of Melbourne wanting to do basically the same exact thing,
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meet. And if you remember years ago, four years ago, they were doing a feasibility study. We did some joint funding. You all agreed to it. We completed that funding, shared the cost of the, of the, of the analysis.
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causeway. We built a pipe on the other, split the costs of the contractor for the equal layman of the pipe, and then kind of cut up all the other costs as appropriate for each of us. And so, this is kind of the final, kind of a continuation of that. So, that landed us, you know, on the, by the yacht club or the yacht area there by the, you know, by the backside of the Space Center or the,
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But we don't go any further. And so, the idea was we wanted to have full connection, which would take us all the way to the U.S. or to A1A, and then all the way
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We would make a secondary connection on the very south end for water quality, but we would connect to the front so that the water could go in any direction. It could go north, could come from the south, and so on. So,
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It would give us a resilient and stronger water system.
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It took a number of years, obviously, to get this point, but we secured some funding via the Military Resiliency Grant Program, and then through the East Central Florida Regional Planning Council, and through the state program, where if we get those grants, and if it all goes through and everything's okay, it's really, it's no cost to the current ratepayers. It's state money and federal money combined to do a design to get us to that next level. And then, obviously, we'd be seeking additional grant money because the costs would be tremendous to build that water pipe, and we would be seeking something similar. But the best way to do it is get the design on the shelf and then see what we can do, you know, at that point. So, barring any ‸ permanent, you know, a ceasing of the grant, we'll have to monitor that. I did ask our project manager to ‸ reach out to our grant contacts to, of course, they don't know anything yet either, but we're keeping that channel open. We haven't incurred any expenses at this point. The only thing we've done is we've put out an RFQ for the design, and I believe that design is under review, and I believe there's a presentation coming up for the shortlisted firm. And at that point, before we would actually engage them with a task order, and that would have to come back, obviously, we would ‸ want to know what the grants, what was going on. So, I think that's all I have, unless you have some questions.
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abreast of the great works we're doing for our consumers, our utilities consumers. Because there's no water like our liquid gold water.
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right here
in Cocoa. Amen.
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kudos to everyone. All right. I made a motion
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was second by Deputy Mayor Weeks. We're getting ready to call
the
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question. All in favor of saying aye. Aye. Aye.
Aye
as ever unanimous.
Okay,
going and proceeding forward to reports. Before we get started, I do apologize. Ms. Fox, please stand up, ma'am, and let's give you a round
of applause.
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Let's give it a round.
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one of the few escaped
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say.
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Wise on all of our behalf.
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great state of Florida. All right, Mr.
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I promise. I just wanted to remind council, we sent out invitations to everyone. The Space Coast Fire Chief's annual awards ceremony will be this
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And I'm proud to
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Chief Officer of the Year for 2024 by the Space Coast Fire Chiefs. So, we enjoy to see you all.
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Aren't you getting an award, too?
My report's over.
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We have some outstanding haircuts in this room, sir.
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Absolutely.
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All right. All right.
Very well.
Okay.
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Thank you, Mr. Singer, because I'm not sure I knew that. ‸ you know again I don't want to jump on the soapbox but it's you know for for a chief Lamb, it's been a long four years. you know, he's had the pleasure of sharing a spot with me, you,
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truck. And so, the award of, a Fire Chief of the Year is, a very, very, very rewarding. So, so very proud of
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even my grandmother said even a poor frog praises his own what uh rivet rivet really
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this? How many of them are from Rockledge? but they
play
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chocolate,
baby.
with chocolate
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Okay, yes, ma'am.
um
Mr. City Manager. ‸ You sure, sir? ‸ let me, let me, let me percolate a little bit more here, sir. Okay. Thank you, sir. um
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for the council, uh for the Allegra project on 524. If you recall, there was a, pre-development agreement, which required, um a conveyance of property to the city. That was about 11 and a half acres. And I just wanted to report that that, uh transaction has closed. So the, pro the city does own that property now and that obligation has been fulfilled. Thank you. All
right. All right.
all
right Great. We're growing. We are
growing.
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‸ odds oh Who would
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fine. Okay. Unless you would like to go first, oh
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you're even. You're the odd yes well Okay. Let's
see here. Wait, what do I hit again? The button to the right.
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you go.
that's right. Let me make sure that that was the first one. Okay. This was the League of Cities dinner when you all were installed, and I got you up there getting installed. I did. I did. uh with the new board was installed. Wait a minute. Let
me
go back here. I think there's another one. Yeah. This was the whole board, and then then this was the executives, correct? Did I have that right? Yep. And then, um uh dude oh they were giving an update. He was giving an update on Palm Bay, because Palm Bay hosted that that night. and That's right.
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and then this was at the economic update. I did
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it shows the train station being done in 2028, which is wonderful. If you all have not heard that, that is the projected date of our train station opening. And um then this is some of the folks at the economic update. It was very well seemed to be very well attended.
Yes.
And
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and I didn't catch it here, but he made his wallet catch on fire, and about freaked me out the first time he did it, and then he did it again.
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couldn't get it on the picture. No, no. I tried, and uh and then this is some more of the group there, um and then let me see. Yeah. So, last a week ago Saturday, rode the Bright Line for the first time, and this is
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they were building the Bright Line, she said, am I gonna ‸ live long enough to ride the train? And so, I made sure five of us took her on a train ride on last Saturday, a week ago Saturday, and we drove, we went from Orlando to West Palm Beach, we ate ‸ late lunch, early dinner in West Palm,
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The train station was clean, and uh all was good, but I just wanted
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now, will I live long enough to
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I think we can do it. so gene
the beauty queen. gene
the beauty queen. Yep, yep, she's a sweet, wonderful lady, and there was one other thing. I was gonna ‸ I was oh ‸ I don't know if, I caught this.
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and I should have put the picture up there. I was there Wednesday, Thursday and Friday last week for a conference. Made a snow ice ball. But anyway. um And I just drew a blank as to what I was going to say about that. I was in dc What was I going to say? Lost my train of thought. So it'll it'll come back. oh I got to meet the new Secretary of State, Marco Rubio. We were at a dinner and he, they had us move out of the way so he could come through and I've got a picture of me taking a picture of him with somebody else. But
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were proud of him here in Florida
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awesome. Team
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too as well. Yep. Yes, ma'am. Because here's the reason why. The chairperson of the FAST committee, which we're going to Washington, dc is works for
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State. So we have the inside dibs
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ready to happen for us.
One of the girls in our group used to babysit his kids and he spotted her and he went over and gave her a big hug. So, uh uh so I, I have roundabout waiting now if we need to get, I did not know that she was that, but anyway, awesome. Great job.
Great job,
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man. uh Councilman,
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um I wanted to get a few
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tonight, ‸ for the next meeting. so I know last year, ‸ budget, we um talked about the special needs equipment in the parks and some of our parks enhancement um So if you can get some update on that, um that would be, because I'm getting calls back from the same family that came in to talk about it
during our budget
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meeting last time. So they just they just
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equipment.
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We did.
Downtown used to have um playground equipment for wheelchairs. Correct. um But it got removed, I believe, because people who
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and so I wanted to get an update on that. The next thing was, um I know we talked about multiple times about HB 1365. And the way things are going right now these last few weeks, I'm a little bit nervous about um us being in compliance with that. I know a lot of cities are not wanting to talk about it, um but I kind of want to stay ahead of the game if we can. um And so just going to get an update on where we are with it, how are we going to respond to it when they start cracking? um
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to see even some of our local
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which is
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be um
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Same thing with immigration, we're starting to see that now. And so I want to, again, want us to be ahead of the game. um So I want to know where we are with 1365, how are
we
going to respond to it? um There you go. You
want, can
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have a lawsuit. It doesn't have
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of Florida can sue any municipality. But the problem does not lie on the municipality. The responsibility is the county. city Cities have the option to opt out of it. So that is the reason why I'm saying it's like you got to just hurry up and wait. There's nothing you can do about it. I mean, life needs to go forward. Because i I'm not going to sit up ‸ and worry about somebody's sooners Hey, we get sued daily. Everybody knows that. It's nothing new. any and all municipalities are sued quite frequently, daily. So that's why it's nothing new under the sun. The only problem comes
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So where are you going to accumulate and acquire funds? And they limit the the amount of fundraising or acquisition for us as a municipality to go through either fees or taxes to pay for something that they don't want to fund. That's just the bottom line. So my my heart is not troubled by it. Lawsuit, okay. We have over
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other cities that are in the same boat. And I'm telling you, as I said earlier, it's going to go to the state of Florida and they're going to kick it
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Yeah, and and if I can add a little bit more context. And for the folks at
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legislative session that that really says that cities and counties cannot allow, um um the sleeping, uh or camping overnight in public spaces there. and so it's a prohibition against allowing that and cities and counties, uh can be sued for allowing individuals to sleep or to camp in public places there. You know, the, ‸ problem with 1365 is, is that,
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say, let's, let me, let me just do an example of, mobile, mobile
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The, ‸ legislation also says that, you know, to, to ‸ prevent them from unhoused from, or anybody from sleeping or camping, camping in public places there,
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state agency. And that encampment has to have certain, certain provision of services, certain amenities there. No city can do anything without the approval of the county in which they reside. And so even if I came to you and had the best of plans, you would still have to present that to the, uh to the, uh Brevard County Commission and have them approve that. Nobody has a plan. um um you know, last meeting,
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about the buses. That whole issue was in response to 1365. And, and again, that, you know, whether you can do that under, under our current zoning regulations is, is debatable. But, but again, no city has stepped up and said, here is our solution to 1365. The county hasn't stepped up. And if any city does step up, you still have to run your plan, have your plan approved through the, um through the, uh Brevard County Commission. We've sat together as a city representatives, as not not-for-profit uh representatives, uh with the, with the homeless coalition to talk about solutions,
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that idea was coming, uh to us in our backyard or in our front yard there. And so so that was I was surprised by that actually being an idea that was uh that was uh presented in the in the subcommittee discussions. and And all of a sudden there was a service provider
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it is it is a, and last week when I said it's a it's a county-wide problem,
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problem. we got We got 72 miles of county and we have homeless and unhoused in every city and in every unincorporated area in in the uh county. And
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there's not going
to
be a solution unless everybody gets together and come up with a solution. None of us know what that is at this particular point in time. And so, and so that, that literally is the progress. The progress that has been made is we sat together as a, as a committee. We talked about uh how do we address it? uh The mobile shelters was one idea. uh We talked about um ‸ communities. And I think there are some communities that build the small pallet homes. uh And so we've had all sorts of ideas, but again, uh until someone steps up and says, oh that's a, that's an acceptable uh facility provision of service in my city. Then we're going to continue to talk about it. And I've, I've been around here for 31 years
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And so, so I don't know that, that there's any progress report that we can give you. We just, we, we're going to have to come back together in that committee and, and, and talk about how we do it. I'm assuming that the homeless coalition is going forward with Matthews Hope to provide those services through some sort of contract with them.
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you know? um so, you know, that's kind of where we are at the moment.
Let me say one other thing. I hate when individuals try to hold us as hostages. Thank you.
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you know? And then again, let's be honest with those beds. How many of them are really
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I'm saying? Come
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home first. All that is biblical and I get it. But then again, um
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and you have to feed and protect and, ‸ nurture them. So don't hold me hostage for something that you may not be adequately doing. That's all. And I'm not trying to identify one person or or me or many entities. What I'm saying is uh give us the chance to do it on our own because I know we're competent. And we have a step out of this world and ‸ the leadership we have, and especially
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I'm just not trying to take care of anyone else. I'm gonna ‸ just be straightforward with ‸ And on that note, when that day comes, again, I'm guaranteeing you this, even
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the court case in reference of homeless, if it's Marshall or something, that eludes ‸ The case name eludes me right now. But the point that I'm saying to you is that um
is
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individual that can go to work, go to work, man. That's all I'm saying. And I'm through ‸ it.
mr Mr. Mayor, and
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I won't take too long, but it's a good thing that uh
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you will,
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Village, and and we've attempted to
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Riverfront Park, um
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‸ I think Commander Marquica, the police department does two,
I don't want to call them sweeps because we're not rounding.
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what we call them. Okay. So our officers go out, they do a walk through to make sure there's nobody camping or or outside or sleeping, and then we'll move them along. uh we'll give them the We'll give them the warning first.
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that. But we are actively doing that every day. Yeah, and so and so twice
a day they're doing that. um
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we have more homeless uh in the village than we had uh at a certain period of time in the past there. And so uh they are taking that step there again.
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um You know, if you if you see something, say something and call and and and we're on it. um I've sat on the subcommittee, um you know, um
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And and again, uh the there are no um novel solutions uh to the problem.
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I kind of i just want to uh say this point. So we have one opportunity where we're really two opportunities per month to have conversation that we don't normally ‸ have. And so when I ask these questions, I ask these questions because uh citizens and uh call about it. And I think we should have uh robust conversations that we may be thinking about that we may not bring up or forget doing our report opportunity. Or when
we
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talking to Stockton, sometimes we may forget that. And so um we we should, and I believe some good information ‸ came out tonight um that I was unaware of and possibly some residents was unaware of things that our city are taking a part of, like working with housing for the homeless or uh the homeless coalition. uh
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to open up Pandora's box. is is to is to have thoughtful conversations and or get information. um ‸ And so uh Commander Martiga also, can can you please add a Provost Park to that? Because um we have some of the same issues um that a crew has pretty much been there for a ‸ while. um And so, you know, hanging clothes on the fence line is really on the fence is really not uh appropriate, I think, for anybody to see. And so, um yeah, just add that to that to that list, please. Thank you.
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lamb. uh I know you don't like getting called out today, but congratulations. um I think now we can probably make our own billboard now, you know, uh but we really, really uh appreciate you for uh all the storms you've weathered. And so appreciate it.
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uh water utility. um they do a lot more than sometimes what we realize.
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fork and go out and find out what's wrong with our water lines that that break often. um Last night, we had some uh a family
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uh That was their first time calling elderly. um Crews went out and handled their business after a big water line
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took care of that um family as well. So a shout out to them for all the hard work that they do, along with Public Works. um At the Ebony Bookstore, there were some high bushes, safety hazard. um Thank you for Public Works going out and taking care of that problem. Again, sometimes it seems like it's a small thing to to us, but for some of those seniors who need visibility, um it was very hard for them to see traffic. And so appreciate Public Works for getting out uh ‸ taking care of that. Also with the hilltip Hilltop Cemetery, we know we heard a lot about that the last few days. um Thank you for Public Works getting out there and knocking it out, uh taking care of their business
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Again, if anybody see anybody out there um defacing or spray painting or doing whatever the um unnecessary things in our cemetery, please call
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um So we really appreciate uh Public Works for taking care of that. uh this uh My five-year-old son had his first uh track meet this week, and uh what two weeks
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them are uh five years old.
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they actually ran in the
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was it was exciting to see so many kids. And i actually, they practice. uh So I taxpayer dollars, uh
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um
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So it's not just some people think about
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People that you see
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bring five to 18 year old kids to run track. And so, um and it gives them confidence as well. And so that's with him. We're probably 1500 people watching. um I'm really proud of him for getting out there, getting it done. so and and And I had to spend some money, too. uh But, but yeah. uh So
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We appreciate, again, Public Works for for taking care of this. um This was at the um grand opening
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um Me, along with Councilwoman
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and uh City Manager, went to, um you know, just share our time with them. the This is their group. We all know Nick, uh the owner.
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between
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that the young lady name, but but we had a nice time um visiting with them. Also, great product that they came up with. We know that used to be an old Winn-Dixie. I think it was a Home Depot or something there at one time. And so, again, great project uh revitalization that took place. uh
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um So I just stopped by there. And um so this show, we have the 32 homes. That's one block over. You have individual homeowners building their own homes, another block to the to the south. So the Diamond Square is building up, um you know which is which is a really good thing for those homeowners and bringing families back into uh Diamond
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uh Also, this shows the schedule, a great time. uh Thank you for that organization for um just bringing the community together. um So
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And so we appreciate um the group for getting everybody together. And that was it. Thank you.
uh For District
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to the complaints that was brought last meeting about the uh uh homeowners uh dispersing their trash in uh ‸ improperly. um That problem has since been solved. So I think staff
will be
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uh quickly resolving that issue, working with the homeowners. um And that's just that's about
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set the light?
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the neighborhood of High Point.
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it, right? oh
Anyway, High Point is that little nub up there on the other side of 528. Their Homeowners Association had their annual meeting last week. I attended. And that is such a great group who says ‸ people in a homeowners association don't like each other.
um
As um as Councilman Goins was saying, uh the
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there a model living room. I think it was a two bedroom The center photo is some of the ‸ amenities, outdoor amenities, really nice pool area, really nice uh play area.
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there I couldn't get all my photos in here, but there's some great things there. As well as they have um a viewing area so that they can watch launches. But that top, the top right, that is their gymnasium. So really top-notch place. And, you know, this is a great development because, as you mentioned, it's redevelopment. You know, it's infill. It's uh it's taking our blight and making it into something that we're proud of.
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Well, hopefully you'll get to see it sometime. And, um we also had a meeting last week with the, um
um
it's called, what is it called?
Yeah,
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Now, this was a project that we actually approved in 2019 that went, I guess, quiet for a while. And now is coming back. It's 40 units. um And now the manager suggested that there was going to be some affordable housing. I don't know what percentage of the units would be that. But it's basically in that area that is behind, uh Aldi's.
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So, again, this is infill. We're not cutting down any trees to, to build it. And it's, creating more density in that area that,
um
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the future when the bright line Station is placed there. um and in terms of that development, bright line and our infrastructure, I've been wanting, there are a couple of things that
I've
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really wanted. i And I know we have a lot of things that we're going to be addressing this year. So it's slow to get things in a public forum at one of our meetings to discuss, but one of the ones that I've been asking for um for several months is the the report that we submitted in August. And
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first time I put this up here, I didn't really explain it well, what these maps are. So you have, you all have this report, I believe, and you have the opportunity to go back and look at it more, and hopefully we will have some sort of presentation. But what you have in
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sewer connections. And um so you see all the neighborhoods uh there that are within the North uh Basin Management Action Plan for the Indian River Lagoon. And this is the area that, of course, is under the um the special Indian River Lagoon Plan that we're talking about in 2030, at least whether or not they have um any way to um police this or not, they're sending us signals that this area um is a focal point. um And so that's why this particular report was requested for August 1st. But on the left side, so the red is where the sewer line connections are. The purple is an inventory of the septic, our septics. So as you can see, the, the, um not a lot in District
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if any, maybe a couple, I don't know. Some of these are actually, I had noted that one was actually an empty lot, so. um But
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concentrated up there in the
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Terrace area. And then on the other side, on the right side,
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submitted to the state. And this is our estimated, where we look to have septic growth. And one of the reasons I'm so anxious to talk about this is that
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the purple, this is where the bright line station is going in. So as policy makers these are things that we need to have on our radar screen that we need to really be considering when we think about the city's growth. And, I hope that we can all take a better look at that.
um
I also wanted to point out, I'm going back here. all of these, except for
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if they are located next to a sewer line are eligible for the sewer quick connects. And
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meeting. We have 15 million, only 2 million of the 15 million that were allotted for ‸ their sewer quick connects have been used. Those are plenty of money there. And I talked with the program manager who said that not one resident has had to pay anything in addition to that. So in other words, the money allotted was enough to cover a sewer line
connection.
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So in some cities, they really, uh
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while they have this opportunity. And as you know, the current half cent, when I talk about the Save Our Indian River Lagoon Plan, I'm referring to the half cent sales tax. That is in effect for the next two years. um Of course, the dollars will continue to be spent afterwards. But you know, we don't know if it'll be renewed or whatever.
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you know, is giving us a signal we all need to move in this direction. And that is and by the way, this particular map, which gives you a lot of detail on all these different programs,
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Indian River Lagoon. This will come up under the Brevard County site and you can dig into each of these and learn more. And that's my report.
‸ yes great things you're right are
happening in
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last but not least yours truly i don't know why maybe next time i'll go first and let you
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Thank you very much. um We just had recently the grand opening of the new season for uh ‸ pals Larry Brown uh and his group were present. Larry was not there because he was going to his brother, being
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are the ladies in the
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in the kitchen area working from the pals. About two weeks ago, Deputy Mayor Weeks and
I,
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we attended one of the functions there as well.
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um We
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group called Sugar and
Ants,
but
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food there, excellent turnout. um They had the residents there from from the
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and they all spoke highly. Everyone that I talked with spoke about the downtown area and how they feel safe. And this yes, we do have growing pains, but they feel safe and they highly support the works of the men and women
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original keys. Matter of fact, uh Councilman Greenwood had one of the original keys,
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Hotel. And I think you have the big, not the
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Yes, ‸ Is that correct? Yes,
‸ Several.
Several of them from the old
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Hotel, where a lot of us, my grandparents or my grandfather worked there. And and and all of us had all of us had historical meaning to this. This is a young lady. When I very first got out of college, gave me a job. uh Her name is uh Wendy. uh Her father was
an
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uh ears, no throat specialist. um And it was just great seeing her at the event. ‸ the gentleman in the background with the fine hair cut like myself, haircut like myself,
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Matter of fact, I
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him to get quiet because other people were talking. But we had a wonderful time. A robust conversation. uh ‸ Dr.
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his lovely wife,
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and myself. We both had the opportunity to talk about the great things of Oleander Point. A very proud moment there. Great food, great hospitality. um That's the group again. ‸ That was
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um This is Judy. and
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y'all? Come on. Bud. ‸ Thank you. Thank you,
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uh Miller, uh they were instrumental also to being there. You can see I have ‸ my blue suede shoes on, kicking it, baby. um This is also at um
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Smith Park, the grand opening. All kids throughout
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County.
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uh teenagers from Melbourne,
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opening here um of this new facility where you can store your boats. um Mark Gurley, my dojo brother, Michael Smith, my sensei, and the guy named Mel. It's right off Range Road. It's not
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And there are
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too as well. So we were there to celebrate with them that same Saturday. Here we are where you can park your boats, trailer. It's adjacent to VA paving. This is the march in which uh uh
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was talking about. You can see Big Blue in the background. A lot of dining. Everybody was there. We had a wonderful time. um I am happy to say with some of my former students, Danielle and Trinity, uh we were at a celebration where I officiated a wedding. uh
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wedding. And that was a wonderful time there. Everybody's in purple. My favorite color. Now, as you can see, you see this party going on. This is his first rodeo. This is my little Bambino and the families. It was Cowboy Day, and we were all dressed up as cowboys. And he and his granddaddy were hanging out.
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our pastor
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when I was sworn into office, he gave us the honor there and at the diplomat at Miami, Florida. So we're celebrating his third anniversary. Man, we were so
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they take a picture with my what open? So on that, I would like to conclude.
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So I
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um I spoke as the league's president. That's why
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dc This is
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Danny Nugent is his name,
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And that was it. And I'm just thankful. Thank you very much. ‸ I
just wanted to thank the city manager for meeting with the homeowners of Lost Lakes. We had an interesting... uh they were there were some objections prior to to the new BP thing that's going to go in in front, but we met with them and it was ‸ very interesting meeting. And let me just say, kudos to you, city manager. You did an awesome job uh with that whole situation. So thank you very much.
Okay, so in conclusion, I want to give a special shout out to everyone, even my good friend, old Ted over there, Bob over there. miss claire welcome to your first meeting. We are going to get you involved with those boards. Needle Fox, your bag Fox, and Brown. The wood is good. You know your brother over there. Big John, heck of a job. Thank you very much. To everyone in the great city of Cocoa and all 400 plus employees, we thank we are thankful and grateful for what you do for our city. And I can't, even if I had 10 000 tongues, I cannot say thank you ‸ no. So I sincerely do appreciate you with all my heart.
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We have a motion on the floor by
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second by Councilman
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