[A.  CALL TO ORDER]
          [00:00:09]
          NINE. A.M. CALL OUR MEETING TO ORDER CALL, PLEASE. COMMISSIONER MORE. YES MA'AM. COMMISSIONER GOES. YES MA'AM. YES MA'AM. MR. HAMM? YES, MA'AM. CHAIRMAN CAROL? YES, MA'AM. DRIVES INDICATION WILL BE LED BY PASTOR LAMAR FAR WITH GEORGE CALVARY TEMPLE FOLLOWED BY THE PLEDGE OF ALLEGIANCE FROM COMMISSIONER GRIFFITHS. YOU DON'T PLEASE STAND. HEAVILY FATHER. WE COME TO YOU TODAY ASKING FOR YOUR GUIDANCE, WISDOM AND SUPPORT AS WE BEGIN THIS MEETING HELPER COMMISSION. ANOTHER'S PRESENCE, ENGAGE IN MEANINGFUL DISCUSSION , HELP THE LEADERS TO PRAGMATICALLY MEET THE NEEDS OF A GROWING COMMUNITY. WHILE REMAINING SENSITIVE TO THE FEARS AND CONCERNS OF PEOPLE AS THEY FACE TODAY, SOCIAL ATMOSPHERE. HELP A CATEGORY CLOSER AS A GROUP AND NURTURE THE BUZZ OF COMMUNITY. WE ASKED THESE PRAYERS AND THE NAME OF JESUS CHRIST BY WHOM WE HAVE. BEEN GIVEN THE AUTHORITY TO ENTER YOUR PRESENCE. MAY ALL IT TAKES PLACE HERE TODAY BRING A TESTIMONY OF KINDRED LOVE AND COMMITMENT TO GODLY ACTION WITH A SPIRIT OF HUMILITY. AMEN. 
          ALL RIGHT THERE ANY ADDITIONAL EMERGENCY ITEMS OR DELETIONS? NOTHING FROM STAFF, MR CHAIRMAN. ALRIGHT PRESENTATIONS. FIRST ONE. WE HAVE A RETIREMENT 
          [F.  PRESENTATIONS]
CEREMONY FOR DAN HALLISEY. WE'RE BUILDERS SERVICES COMMISSIONER GRIFFINS. GOOD MORNING. GOOD MORNING. SO THIS GUY RIGHT HERE HAS BEEN WITH US A LONG TIME. WE JUST CELEBRATED 25 YEARS AND APRIL OR SOMETHING LIKE THAT. SO THAT HE DECIDES TO JUST RETIRE. UM DAN DAN'S BEEN STARTED HIS BUILDING OR HIS CAREER WITH A COUNT ON APRIL. 15TH 1996 IS A BUILDING INSPECTOR WITH BUILDERS SERVICES. QUICKLY BEGAN PROCESS FOR ADVANCING HIS CAREER BY STUDYING TESTING, ENQUIRING ALL THE LICENSES IN THE TRADES FOR RESIDENTIAL AND COMMERCIAL INSPECTIONS. HE'S ADVANCED THE DEPARTMENT THROUGH THE YEARS AND IN 2000 AND FIVE WAS PROMOTED TO BUILDING CODE OFFICER FOR SINGLE HANDEDLY LED ALL THE INSPECTIONS FOR THE UNINCORPORATED AREA OF THE BEACH, AND YOU'LL THINK ABOUT THAT. ALL THE UNINCORPORATED BEACH. ALL THAT BUILDING HAS BEEN GOING ON ALL THESE YEARS. ONE OF THEM. STILL DOING IT STILL DOING IT TODAY. GO BACK OUT AFTER THIS AND GIVE THEM WORK, SO HE'S GOING TO BE SORELY MISSED. THE BUILDING DEPARTMENTS CAN HAVE SOME BIG SHOES TO FILL, BUT ENJOY YOUR RETIREMENT. 
          RIGHT NEXT WE'VE GOT AIRPORT AUTHORITY PRESENTATION BE DONE BY MISS HOLLY MILLS. 
          WELCOME. THANK YOU. MORNING CHAIRMAN COMMISSIONERS. THANK YOU FOR ALLOWING US TO HAVE SOME TIME ON YOUR AGENDA THIS MORNING. UM. AND THANK YOU FOR ALLOWING ME TO SERVE YOU AND REPRESENT YOU ON THE AIRPORT AUTHORITY WHERE I'M CURRENTLY SERVING AS VICE CHAIR. WELL, CRAMER, WHO'S YOUR OTHER APPOINTEE, IS ALSO JOINING US IN THE AUDIENCE AS WELL AS PARKER MCCLELLAN, OUR EXECUTIVE DIRECTOR. WE'RE GOING TO BEGIN WITH SOME RIVETING, EXCITING NUMBERS AND SOME GRAPHS. THIS IS THE ACTIVITY REPORT PRESENTED MONTHLY TO THE BOARD AND LOOKING AT BETTER YEARS WERE COMPARISON . 2019 WAS PREVIOUSLY. RECORD BREAKING YEAR TO 2000 AND 21. 
          WE'VE SEEN ALMOST 25% INCREASE IN AIRCRAFT OPERATIONS WITH A LARGE PART COMING TO OUR COMMUNITY, EVEN THOUGH WE STRADDLE. THE WALTON COUNTY BY COUNTY LINE. A LARGE PART OF THOSE ARE COMING TO BE A COUNTY TO VISIT. GROWING BY MORE THAN 25% THESE AREAS AS A POSITIVE SIGN FOR TRAVELING IN OUR AREA AND DURING THE PEAK, WHICH IS OUR SUMMER TRAVEL, OUR PASSENGER TRAFFIC WAS UP NEARLY 60. OVER 2000 AND 19. IN JUNE. SIMPLE FLYING PUBLICATION RANKED AS NUMBER FOUR AIRPORT IN THE NATION FOR RECOVERY FROM THE PANDEMIC AND ALSO V. P S AND P. 
          N S. OUR NEIGHBORING AIRPORTS RANKED NUMBER SIX AND NINE, RESPECTIVELY. SO THAT IS REALLY AN AMAZING TESTAMENT TO WHAT OUR AREA IN OUR AIRPORTS DOING. ON THIS NEXT SLIDE. THIS IS A MUCH CLEARER GRAPHIC, AND IN THIS CHART, YOU'LL NOTE THAT THE RED LINES BEGINNING IN MARCH. OF 2000 AND 21. THOSE RED LINES REPRESENT THE TREMENDOUS GROWTH THAT WE'VE HAD THIS YEAR. THIS 
          [00:05:07]
IS THE THIS REPRESENTS THE MARKET SHARE OF PASSENGERS IN OUR REGION WITH TALLAHASSEE, PENSACOLA, VPS AND OURSELVES, AND YOU'LL SEE THAT HE HAS AN IMPRESSIVE 23. OF THE MARKET SHARE IN OUR REGION, AND WE'VE MAINTAINED A 20 TO 25% MARKET SHARE SINCE WE OPENED IN 2000 AND 10. SO AS YOU CAN SEE, HERE, THE BEACH DESTINATIONS DRAW AIR TRAVEL MORE THAN TALLAHASSEE, WHICH IS MORE GOVERNMENTAL AND BUSINESS BASED. PEOPLE AREN'T GOING TO GO SEE THE SEMINOLES MENTIONING MORE. ALRIGHT SO YOU'RE DONE. OKAY AND THIS NEXT SLIDE AS A REGIONAL COMPARISON BY YEAR AND MONTHS FOR ALL FOUR AIRPORTS IN THE PANHANDLE OVER A 10 YEAR PERIOD WITH YOU'LL SEE AGAIN ALL THREE DESTINATION. AIRPORTS WITH AN UPWARD TRAJECTORY. THIS IS PROBABLY THE MOST IMPRESSIVE GRAPHIC IN THIS PRESENTATION. HERE YOU CAN SEE THE ANNUAL PASSENGER NUMBERS IN 2019 AND 2021 ARE THE BETTER YEAR TO COMPARE, BUT GROWTH IS HAPPENING AT AN IMPRESSIVE RATE. 
          BUT THE LAST YEAR AT P. F N, WHICH IS OUR OLD AIRPORT YOU'LL SEE DOWN AT THE BOTTOM. THERE WAS ONLY JUST OVER 312,000 PASSENGERS AND WE ANTICIPATE ENDING 2000 AND 21. WITH NEARLY 1.6 MILLION TOTAL PASSENGERS. THIS, OF COURSE, HAS A DIRECT IMPACT ON OUR ECONOMY FOR OUR REGION AS WELL AS OUR COMMUNITY AS THE DEMAND EQUAL SPENDING, WHICH EQUALS A DEMAND FOR JOBS. 
          OKAY NOW PUT THE NUMBERS AND THE GRAPHICS HERE'S A DEPICTION. OF THE CCP AVIATION CENTER OF EXCELLENCE. JOBS ARE A FOCUS OF OUR BOARD AND THE STAFF AT SCP. FROM A DEVELOPMENT STANDPOINT, WE WANT TO DEVELOP THE AVIATION CENTER OF EXCELLENCE WHICH YOU SEE HERE. AND THIS GIVES YOU AN IDEA OF WHAT MIGHT HAPPEN. UM. AND YOU CAN SEE THE LAYOUT OF WHAT WE ARE PLANNING. WE WORK WITH YOUR STAFF AS WELL AS THE E D, A DEVELOPMENT OPPORTUNITIES. WE HOST A VARIETY OF COMPANIES. 
          NOW THAT AIR TRAVELS BACK OPEN OVER ACROSS THE POND AND OTHER WHERE OTHER PLACES THEY'RE STARTING TO COME BACK TO MAKE VISITS TO OUR AREA. ESPECIALLY TO OUR AIRPORT. YOUR STUFF HAS BEEN GREAT PARTNERS AS WE WORK THROUGH EXPANSION AND OTHER GROWTH OPPORTUNITIES. WE'VE STARTED THE PROCESS OF THE AVIATION CENTER OF EXCELLENCE WITH NEARLY $8 MILLION IN CONCRETE TO GET THINGS STARTED, AND THIS GIVES OUR PARTNERS AND POTENTIAL BUSINESS IS COMING TO VISIT. AN IDEA THAT WE'RE ALREADY STARTING TO PLAN FOR THEM TO COME HERE AND HIS VISUALIZE WHAT THE FUTURE MIGHT LOOK LIKE. FUTURE TERMINAL DESIGN TO MAKE ROOM FOR ALL OF OUR MILLIONS OF PASSENGERS COMING THROUGHOUT OUR AIRPORT EVERY YEAR PASSENGER GROWTH THAT HAS BEEN TREMENDOUS AS WE'VE JUST SEEN, AND WE'RE PLANNING FOR THE FUTURE. THE FUTURE TERMINAL EXPANSION PROJECTS INCLUDE PROPOSED PASSENGER SKYBRIDGE, YOU'LL SEE THERE IN GREEN. AND PROPOSED RAMP EXPANSION JUST ABOVE THAT. PROPOSED BAG ROOM AND SYSTEM EXPANSION RIGHT THERE IN BLUE. AND THEN A PROPOSED CHECKPOINT EXPANSION, WHICH WHICH WILL ADD TWO ADDITIONAL LANES. THIS IS THE AREA ABOVE THE CURRENT BAGGAGE CLAIM THAT WAS PREVIOUSLY DESIGNATED FOR CUSTOMS. WE'RE GOING TO CREATE A CORRIDOR THERE FROM THE EXISTING GATE AREA INTO THIS AREA FOR MORE RESTROOMS AND CONCESSIONS AND FOOD AND BEVERAGE OPPORTUNITIES, SO WE'RE TRYING TO UTILIZE THE SPACE THAT WE ALREADY HAVE. IT'S CURRENTLY A VACANT SPACE THAT WE'RE GOING TO BUILD OUT. OUR FUTURE DEVELOPMENT WILL BE TO THE NORTH PART OF THE PROPERTY, AND WE'LL MAXIMIZE THAT EXISTING BUILDING TO THE FORCE EXTENT TO KEEP OUR COSTS DOWN FOR OUR AIRLINE PARTNERS. THIS IS THE GRAPHIC OF THE TERMINAL AREA FROM OUR RECENTLY COMPLETED UPDATED MASTER PLAN. YOU CAN SEE ADDITIONAL PARKING AND THE TERMINAL EXPANSION TO THE NORTH. AND THE LOOP ROAD GOING FURTHER WEST TO ENSURE WE PROVIDE EASY ACCESS TO OUR PASSENGERS. THE ROUNDABOUT. WE'VE BEEN WORKING WITH BOT OVER THE LAST SEVERAL YEARS, AND THERE WILL BE A LARGE TWO LANE AROUND ABOUT AT OUR ENTRANCE, WHICH IS AT THE EASTERN END OF THE STATE ROAD. 3 88 REALIGNMENT. AND WE ARE ON TRACK AND ON SCHEDULE AND WE EXPECT TO BE COMPLETED IN 2023 2024. THIS IS AN AERIAL OF THE AIRPORT TO THE NEW LATITUDE MARGARITAVILLE WATER SOUND COMMUNITY YOU SEE THERE IN THE FOREGROUND AND ITS PROXIMITY TO THE AIRPORT. AND THE REALIGNMENT OF 3 88. WITH THE GROWTH OF MARGARITAVILLE AND THE GROWTH 
          [00:10:01]
THROUGHOUT BEIJING WALTON COUNTIES, WE LOOK FORWARD TO COMING TO BECOMING A 12 MONTH MARKET. MARKETING. SCP HAS BEEN DOING A FANTASTIC JOB WITH A RECENT TAG. YOU'RE IT CAMPAIGN, YOU'LL SEE THERE ON THE LEFT OF YOUR SCREEN. THIS HAS BECOME A STRONG SOCIAL MEDIA ENGAGEMENT TO ALL THAT'S REALLY CATCHING ON. WE HAVE. VERY LARGE TAGS THAT YOU SEE THERE IN OUR TERMINAL BUILDINGS THAT PEOPLE CAN SCAN FOR A CHANCE TO WIN AND TO POST ON SOCIAL MEDIA, AND IT'S BEEN QUITE SUCCESSFUL. WE'VE ALSO HAD A SUMMER MUSIC SERIES, WHERE LOCAL MUSICIANS PLAYING TO GREET OUR GUESTS AS THEY ARRIVE THROUGHOUT THE TERMINAL. WHICH IS JUST ONE MORE WAY TO MAKE FLYING IN AND OUT OF EQUIPMENT, MARIBEL AND ENJOYABLE EXPERIENCE. THANK YOU AGAIN FOR ALLOWING US TO GIVE YOU THIS BRIEF UPDATE ON OUR AIRPORT AND ALLOWING ME TO SERVE ON YOUR BOARD AND TO REPRESENT YOU ON THE AIRPORT AUTHORITY. IF I CAN ANSWER ANY QUESTIONS OR PARKER OR WILL BE HAPPY TO ENTERTAIN THOSE QUESTIONS ARE CALLING. HARD, JUST. THE NUMBERS ARE GREAT WHO WE WERE HEARING PASSENGERS WERE UP, BUT I DIDN'T REALIZE IT WAS THAT MUCH. WAS THERE ANY ANTICIPATION FOR BRINGING ON ANY MORE CARRIERS FOR THE AIRLINES? STAY WITH US. 
          WE HAVE. MORNING THERE'S ALWAYS THAT OPPORTUNITY AND WE CONTINUE TO, UM, MEET WITH THE AIRLINES. 
          AS A MATTER OF FACT, I GO AND FEBRUARY TO ANOTHER MEETING. THERE'S UH. KIND OF AN INTERESTING PROCESS IS ALMOST LIKE SPEED DATING. YOU GET A 20 MINUTE MEETING. WITH THE AIRLINES THAT YOU WANT TO YOU WANT TO MEET WITH, AND I'VE GOT THIS TREASURE CHEST THAT WANNA DANCE ROSE. FORMER STAFF MEMBERS GAVE ME HAS GOT OUR BEACH SAND AND. AND WHAT I DO IS LET THEM PLAY IN THE SAND WHILE I'M TALKING. AND AT THAT THING ALL THE AIRLINES KNOW ME AS THE SANDMAN, SO WE ARE CONTINUALLY MOVING FORWARD TO ATTRACT NEW AIRLINES. AND THERE'S A LOT OF TALK, BUT EVERYBODY AFTER. COVID IS A LITTLE BIT GUNSHOT, BUT WE WHEN YOU START SHOWING THEM NUMBERS OF BEING UP 60% IN SEASON. THE GUN. SHYNESS GOES AWAY. MHM. SURE. YEAH, I'M SURE THEY. OTHERS ARE GOING TO WANT TO TRY TO GET A PIECE OF THAT PIE AS WELL. YES SOME OF THEM ARE WISHING THEY'D COME IN A YEAR OR TWO AGO. AND I REMIND HIM THAT HAD THE OPPORTUNITY. 
          GOOD GOOD DEAL. KEEP UP THE GOOD WORK, MAN. THANK YOU, PARTNER. WE THANK YOU AND YOUR STAFF. WE THINK ALL OF OUR BOARD MEMBERS FROM BEING ON THAT BOARD AND GIVE US A LEADERSHIP AND CONTINUING THE GROWTH OF THE AIRPORT. IT'S PHENOMENAL FOR OUR COMMUNITY. WE THANK. ABSOLUTELY THANK YOU. 11 YEARS AGO, THERE WAS QUITE A FEW NAYSAYERS. THERE WAS A NON BINDING REFERENDUM AND REMEMBER IN THIS COMMUNITY ABOUT THIS AIRPORT. UM IT'S CLEARLY SHOWN TO BE VERY SUCCESSFUL. SO THANKS TO YOU. AND THAT'S WHAT THAT ONE SLIDE THAT HOW HE SAID. THIS IS THE MOST IMPORTANT LIFE . IT'S REALLY THE MOST IMPORTANT SLIDE IN THE WHOLE PRESENTATION . BECAUSE THE QUESTION I ASKED WHEN I GO OUT IN THE COMMUNITY IS DID WE MAKE THE RIGHT DECISION? YOU BETTER BELIEVE FIVE TIMES OVER. IT LOOKS LIKE YEAH. SOME YEARS AGO. THE QUESTION IT WAS ASKED ME MOST ON THE AIRPORT IS WHY. WHY ARE YOU MOVING IT WHILE MOVING OUT THERE? YOU'RE OUT IN THE MIDDLE OF NOWHERE. AND WHEN YOU LOOK AT THESE NUMBERS THAT ANSWERS THE QUESTION, THAT'S WHY. EXACTLY NUMBERS ARE UP AND DOWN THE PHENOMENAL JOB. THANK YOU. THANK YOU. THANK YOU. UM WE'VE GOT QUITE A FEW MEMBERS IN THE AUDIENCE WHO ARE HERE AS PART OF THE BAY COUNTY LEADERSHIP PROGRAM. WANT TO WELCOME ALL OF YOUR ARM? APPRECIATE YOUR SPENDING THE MORNING WITH US 
          [G.  PUBLIC PARTICIPATION ]
TODAY. ALL RIGHT, MOVING ON TO PUBLIC PARTICIPATION. THIS IS LIMITED TO ITEMS THAT ARE ON TODAY'S AGENDA. YOUR REMARKS ELIMINATED THREE MINUTES IF YOU HAVE ANYTHING TO TALK ABOUT REGARDING ANY ITEM ON TODAY'S AGENDA, COME TO THE PODIUM STATE YOUR NAME AND ADDRESS FOR THE RECORD AGAIN. YOU'VE GOT THREE MINUTES. MY NAME IS CAPTAIN GARY WAYNE BACK. I LIVE AT 26. OH, ONE BEACH STREET. GENTLEMEN I'M ASKING ALL OF YOU DO YOU OR DO YOU NOT THINK WE NEED TO ADD AS AN EMERGENCY ITEM TO THE AGENDA? TO OVERWHELMING CIRCUMSTANCES THAT I'VE BEEN FACED WITH SINCE YOU ARE SERVANTS HAS LAID $30,000 OF LEAN AGAINST MY PROPERTY, WHICH MY MAMA PAID $12,000 OF. AND NOW YOU TELL THEM AND SHE WAS SUPPOSED TO BE PAYING PROPERTY TAXES INSTEAD OF PAYING MY PROPERTY TAXES. YOU PAID THE LEANS THE JOB PLACED ON IT, LEAVING ME IN PROPERTY TAXES, WHICH IS EXTORTION FROM THE START. BECAUSE AFTER ALL, YOU'LL USE A SADOMASOCHIST CLICK TO ISOLATE THE PEOPLE TO PUT THEM BACK IN A ROOM SO YOU CAN DOMINATE THEM. YOU KNOW, THAT'S WHAT I'VE BEEN DEALING WITH. FOR THE LAST 10 YEARS IS DOMINATION BY SADOMASOCHIST ATTEMPTED DOMINATION. THAT IS, DURING THE MEANTIME, YOU KNOW, CORPORAL CHANCE HE SHOWED UP AND I THOUGHT I WAS FINALLY GOING TO GET RELIEF FROM THIS. CRIMINAL ORGANIZATION THAT I'VE BEEN THRUST INTO SINCE 2010 BP OIL SPILL WHERE THEY TOOK ADVANTAGE OF MY HANDICAP. WHAT HE SAY. OH, 
          [00:15:05]
IT'S JUST BEAST, YOU AL ITTY! YOU KNOW, AND SAY THE MASSACHUSETTS UM ISN'T A CRIME. 
          I KNOW THAT. BUT YOU THINK I'M GOING TO GIVE ALL MY INFORMATION TO A COP THAT HASN'T BEEN FREAKING, UM, VENTED PROPERLY. AFTER ALL THE CRIMINAL ACTS I'VE WITNESSED WHEN I'VE HAD FELONIES. MY PERFECT PERPETRATED IN FRONT OF ME, AND I COULDN'T GET A COP TO SHOW UP. YOU GOT ANOTHER THING COMING. DURING THE MEANTIME, CORPORAL CHANCE HE PROCEEDS TO GO TO THE FEDERAL CASE. Y'ALL REMEMBER FEDERAL CASES ATTACHED IN CIVIL CASE, DON'T YOU? AND PROCEEDS TO TELL ME STUFF ABOUT THE FEDERAL CASES I DON'T EVEN KNOW ABOUT WHICH PROVES MORE THAN A DOUBT BECAUSE I HAVE IT ON RECORDING. IF ANYBODY WANTS TO QUESTION YOU MEAN. HIM SAYING AND QUOTING STUFF OUT OF MY FEDERAL CASES NEVER HAPPENED. DURING THE MEANTIME, YOU KNOW THIS RACKETEERING AND RICO I THINK WE CAN MORE THAN PROVED THAT 90% OF THE BAY COUNTY PEOPLE CAN'T AFFORD $250 A DAY BECAUSE THEY DIDN'T CLOSED. CUT THEIR GRASS OR WHATEVER YOU ALL DECIDE YOU'LL WANT TO USE AGAINST THEM. AND THEN YOU TAKE THEIR PROPERTIES ALREADY PAID FOR IT. 
          OR YOU EVEN NOW, YOU KNOW YOU'RE CHARGING $250 FOR ANYBODY THAT'S GOT A BLUE TOP LIFT. AND THEN YOU COME AND YOU DESTROY THEIR HOME AND THEN YOU CHARGE THEM FOR DESTROYING THEIR HOME AND THEN YOU TAKE THEIR PROPERTY. I'VE WITNESSED IT TIME AND TIME AGAIN. NOW IS THIS IS THIS NOT RACKETEERING? WHEN YOU'VE GOT THE LAWYERS SITTING IN THERE, EVERYBODY IS IN ON IT. YOU'VE GOT THE JUDGE SITTING IN THERE. EVERYBODY IS IN ON IT AND THE ONLY ONE THAT'S GETTING IT. IT'S THE PEOPLE WHO END UP ON THE STREETS. HAVE EVERYBODY NOTICED THE FREAKING HOMES POPULATION GOING UP ON THE STREETS. I'VE TALKED TO HIM. THAT'S BECAUSE YOU'RE STEALING THEIR PROPERTIES , JUST LIKE YOU'RE TRYING TO STEAL MY PROPERTY RIGHT NOW. SO WHAT? DOES ANYBODY GOT ANYTHING TO SAY ABOUT THIS? OH YEAH. AND LET'S DON'T FORGET ABOUT THE CHILDREN. YOU KNOW THE CHILDREN. 
          THANK YOU FOR COMING, SIR. IS THERE ANYONE ELSE IN THE AUDIENCE THAT HAS ANYTHING THEY'D LIKE TO SPEAK REGARDING TODAY'S AGENDA? AREN'T SAYING NO. WE WILL CLOSE THE PUBLIC 
          [H.  CONSENT AGENDA]
PARTICIPATION. MOVE ON TO CONSENT AGENDA, MR. MICHAEL? YES, SIR. MR CHAIRMAN AND COMMISSIONERS. GOOD MORNING. TODAY ON YOUR CONSENT AGENDA UNDER THE CLERK'S OFFICE ITEM, ONE REVENUES AND EXPENDITURES AND INVENTORY DELETIONS. STAFF'S RECOMMENDATIONS. THE BOARD ACKNOWLEDGE RECEIPT OF THE REPORTS AND APPROVE THE INVENTORY RELATIONS UNDER THE BUDGET OFFICE ITEM TO FY 2022 BUDGET AMENDMENTS TO THE RECOMMENDATIONS OF THE BOARD ADOPTED RESOLUTION AMENDING THE FISCAL YEAR 21 22 BUDGET. ITEM. THREE RATIFICATION OF DARPA FUNDS DISTRIBUTED DEBATE COUNTY TAX COLLECTOR'S OFFICE STAFF'S RECOMMENDATION IS THAT THE BOARD RATIFIED THE APPROVAL OF PAYMENT TO THE TAX COLLECTOR FOR PREMIUM PAY TO EMPLOYEES. PREMIUM PAYS IN ACCORDANCE WITH A COUNTY PAYMENTS AND ELIGIBLE USE OF DARPA FUNDS. ITEM FOUR FEDERAL SEIZURE ACCOUNT STAFF'S RECOMMENDATION OF THE BOARD APPROVED THE SHERIFF'S REQUEST FOR EXPENDITURE OF MONEY FROM THE FEDERAL SEIZURE ACCOUNT UNDER THE COUNTY ATTORNEY'S OFFICE ITEM. FIVE RATIFICATION OF CAMP HELEN STATE PARK LAND ACQUISITION LETTER OF SUPPORT. 
          STAFF'S RECOMMENDATIONS. THE BOARD RATIFIED THE FLORIDA FOREVER CAMP HELEN STATE PARK. 
          LAND ACQUISITION LETTER SUPPORT SIGNED BY CHAIRMAN CAROLINE NOVEMBER 5TH 2021. ITEM SIX INTER MEDICS OVERBILLING ADJUSTMENT STASH RECOMMENDATIONS , THE BOARD AUTHORIZED THE SETTLEMENT AGREEMENT WITH MEDICARE AND THE AMOUNT OF $869,491.50 FOR OVERPAYMENT. TO THE COUNTY FOR AMS SERVICES AND AUTHORIZED THE CHAIRMAN TO SIGN THE AGREEMENT WITH ANY MODIFICATIONS APPROVED BY THE COUNTY ATTORNEY'S OFFICE ITEMS. SEVEN TIPPED IN MARLOW GARNER AND CHASTAIN RENEWAL FOR ACCOUNTING SERVICE FOR THE W T. STAFF RECOMMENDATIONS. THE BOARD APPROVED THE RENEWAL AGREEMENT WITH TIPTON, MARLER, GARNER AND CHASTAIN TO PROVIDE ACCOUNTING SERVICES FOR THE JOINT VENTURE ADVANCED WASTEWATER TREATMENT FACILITY AND AUTHORIZED THE CHAIRMAN TO SIGN THE SAME. ON THE COUNTY MANAGER'S OFFICE ITEM. EIGHT BOARD APPOINTMENTS, DASH RECOMMENDATIONS, THE BOARD REVIEW AND APPROVE VARIOUS BOARD APPOINTMENTS AND REAPPOINTMENTS. 
          UNDER EMERGENCY SERVICES ITEM. NON RENEWAL OF MEMORANDUM OF UNDERSTANDING BETWEEN THE M S DIVISION AND TYNDALL AIR FORCE BASE. CMS STASH RECOMMENDATION IS THE BOARD APPROVED THE RENEWAL OF AN EXISTING AGREEMENT BETWEEN TYNDALL AIR FORCE BASE CMS AND A COUNTY EMS DIVISION, OUTLINING THE PROVISION OF EMERGENCY MEDICAL SERVICES AND AROUND TYNDALL AIR FORCE BASE. 
          AND AUTHORIZED THE CHAIRMAN TO SIGN THE MEMORANDUM OF UNDERSTANDING. UNDER OUTSIDE AGENCIES ITEM 10 AND HER LOCAL WITH CAREER SOURCE. GULF COAST SEA. SGC BYLAWS, REVISIONS STAFF'S RECOMMENDATIONS THE BOARD APPROVED AND AUTHORIZED, THE CHAIRMAN SIGNED THE INTER LOCAL AGREEMENT BETWEEN BAY COUNTY BORDER COUNTY COMMISSIONERS AND CAREER SOURCE. 
          GULF COAST. AND GULF COAST STATE COLLEGE. ADDITIONALLY, REQUEST THE BOARD APPROVED. AND AUTHORIZED THE CHAIRMAN TO SIGN THE REVISED BYLAWS OF THE GULF COAST WORKFORCE DEVELOPMENT INC D. B. A CAREER SOURCE. GULF COAST ITEM 11 PROJECT AERO SUPPORT RESOLUTION STAFF'S RECOMMENDATIONS. THE BOARD APPROVED THE SUPPORT RESOLUTION. TO OFFER A 10 YEAR REAL AND PERSONAL PROPERTY TAX EXEMPTION TO PROJECT ARROW AND AUTHORIZED THE CHAIRMAN TO SIGN THE SAME. 
          UNDER PUBLIC WORKS. ADAM 12 HOLLY LANE TOWN HOMES PLAT APPROVAL STAFF'S RECOMMENDATIONS . THE BOARD APPROVED THE FINAL PLATFORM. HOLLYWOOD IN TOWN HOMES. ADAM 13, FEMA, D. R. HMM GPS APPLICATION AND RESOLUTION STAFF'S RECOMMENDATIONS. THE BOARD AUTHORIZED PREPARATION AND SUBMITTAL OF A FEW OF THE FEMA HAZARD MITIGATION COVID-19 GRANT FOR FEMA FOUR FOUR EIGHT SIX DASH GR AND AUTHORIZED THE 25% MATCH FROM THE COUNTY. AS WELL AS AUTHORIZED THE CHAIRMAN TO 
          [00:20:02]
EXECUTE ALL SUBSEQUENT GRANT DOCUMENTS ASSOCIATED WITH H M G P FOUR FOUR EIGHT SIX DASH GR AS APPROVED BY THE COUNTY ATTORNEY, MR CHAIRMAN THAT YOUR CONSENT AGENDA THIS MORNING AND STAFF RESPECTFULLY REQUESTS A MOTION FOR A PROOF. MOTION TO APPROVE SECOND. WE HAVE EMOTION AND MULTIPLE SECOND. CALL THE ROPE. COMMISSIONER GRIFFIN. YES MA'AM. COMMISSIONER MORE YES, MA'AM. 
          COMMISSIONER DOES YES, MA'AM. COMMISSIONER HAM? YES, MA'AM. CHAIRMAN CAROL? YES, MA'AM. 
          MOVING ON THE REGULAR AGENDA. WE HAVE ONE ITEM ON HERE. ITEM 14 COMMERCIAL PROPERTY ASSESSED 
          [14.  Commercial Property Assessed Clean Energy Program (C-PACE)]
CLEAN ENERGY PROGRAM, THE SEEPAGE PROGRAM. I HAVE A PRESENTATION FROM BRIAN BARKUS. 
          YES, MR CHAIRMAN IS THEY'RE COMING UP STAFF'S RECOMMENDATION OF THE BOARD CONSIDER WHETHER TO ADOPT A COMMERCIAL PROPERTY ASSESSED CLEAN ENERGY PROGRAM FOR BAY COUNTY IF THE BOARD OPTS TO ADOPT THE SEA PACE PROGRAM, THE BOARD AUTHORIZES THE CHAIRMAN, EXECUTE THE ATTACHED AGREEMENT SUBJECT ANY MODIFICATIONS. FATHER COUNTY ATTORNEY'S OFFICE. FLOOR IS YOURS. GOOD MORNING. THANK YOU, MR CHAIRMAN, VICE CHAIR COMMISSIONERS AND STAFF. I JUST APPRECIATE YOUR TIME TODAY. I THINK IT WAS ALLOTTED FIVE MINUTES. I'M GONNA TRY TO DO THAT A LITTLE BIT QUICKER FOR YOU GUYS TODAY SO WE CAN GET MOVING. THE COMMERCIAL PACE PROGRAM WAS BROUGHT ABOUT AFTER THE STATE DECIDED THAT THEY WANTED TO IMPROVE ENERGY EFFICIENCY MEASURES IN THE STATE, ALONG WITH WIND HARDENING MEASURES. THAT HAPPENED IN EARLY 2000, AND WHAT WAS CREATED OUT OF THAT WAS FLORIDA STATUTE. 1 63 08. WHICH ALLOWED FOR THE ABILITY FOR VOLUNTARY ASSESSMENTS ON PROPERTY OWNERS. UM PROPERTIES FOR QUALIFIED IMPROVEMENTS THAT ARE RELATED TO RENEWABLE ENERGY, ENERGY CONSERVATION AND WIND, HARDY. 
          MHM SO THIS FINANCING IS DONE THROUGH PRIVATE CAPITAL. SO THERE'S NO CAPITAL THAT'S COMING FROM THE COUNTY OR ANY OF THE CITIES OR MUNICIPALITIES THAT DECIDE TO ENTER INTO AN AGREEMENT WITH EACH ONE OF OUR DISTRICTS. THESE DISTRICTS ARE RUN BY THE F D. F C IS OUR GROUP , WHICH IS A STATE AGENCY, AND THERE'S THREE OTHER DISTRICTS THAT ARE ALSO RUNNING TURNKEY PROGRAMS, WHICH MANAGE THE FINANCING THE OPERATIONAL AND OVERSIGHT ASPECTS OF THIS SPACE PROGRAM. THE PACE DISTRICTS ARE SET UP UNDERNEATH THE LOCAL GOVERNMENT. 1 63 08 TO A, WHICH IS IN THE 1 63 AWAIT STATUTE. UM AND I THINK I'VE GOT TO KIND OF, BUT. FORGIVE ME THAT FLEW IN LATE LAST NIGHT. SO I HAVE ABOUT THE GRAPHIC HERE THAT WE'RE GOING TO PROVIDE FOR YOU, THE DISTRICTS AND THE PROVIDERS. SO I'D LIKE TO DO THIS BECAUSE WITH THE FOUR DISTRICTS THAT ARE HERE IT PROVIDES. SOME KIND OF COMPETITION FOR YOU IN THE COMMUNITY AND BRINGS AN ABILITY FOR DIFFERENT PROPERTY OWNERS TO WORK WITH THESE DIFFERENT FINANCING COMPANIES. BUT AS YOU CAN SEE, EACH ONE OF US HAVE KIND OF A DIFFERENT MODEL. UNDERNEATH OUR FLORIDA RESILIENCE AND ENERGY DISTRICT. WE HAVE ALL COMMERCIAL PROVIDERS AND THEN THE OTHER DISTRICTS WILL HAVE EITHER RESIDENTIAL OR COMMERCIAL PROVIDERS. THE PROGRAM FOOTPRINT. BEGAN IN SOUTH FLORIDA HAS BEEN WORKING ITS WAY UP IN THE NORTH FLORIDA AS YOU CAN SEE, SO WE'RE CURRENTLY WORKING IN THE PANHANDLE AND ALSO WORKING WITH DUVAL COUNTY RIGHT NOW, AND ORANGE COUNTY JUST ADOPTED A C PACE ONLY PROGRAM ALSO. ELIGIBLE PROPERTIES THAT FALL IN THIS PROGRAM ARE LISTED ON THE SCREEN , BUT I THINK WOULD BE IMPORTANT TO YOU HERE WOULD BE HOSPITALITY . I STAYED OUT ON THE BEACH THIS WEEKEND. AND IT'S GREAT. I LOVE IT OUT THERE AND I COULD SEE USED FOR THIS PROGRAM THROUGH HOSPITALITY, MIXED USE OR RETAIL . IT CAN BE ON NEW CONSTRUCTION OR IT CAN BE ON EXISTING CONSTRUCTION PROPERTIES. SO THE ABILITY TO USE THIS FINANCING WOULD HELP IMPROVE EXISTING PROPERTIES OR HELP. MAYBE SOMEBODY PROVIDE SOME SORT OF FINANCING ON THE NEW PROPERTY. ELIGIBLE IMPROVEMENTS ARE RELATED TO H VAC SYSTEMS, RUFIN ANYTHING HAVING TO DO WITH THE BUILDING ENVELOPE SO WINDING WINDOWS AND DOORS IF YOU'RE DEALING WITH YOU KNOW WHEN. ISSUES UP HERE. STORMS THAT PROVIDE, YOU KNOW A LOT OF WIND . THEN YOU REPORT REPLACING WINDOWS AND DOORS TO PROTECT THOSE BUILDINGS WOULD BE GREAT SOLAR FOR THE SMALLER COMMERCIAL BUILDINGS, HELP OUT ON CAR LOTS. AND THEN YOU KNOW, LED LIGHTING WILL HELP OUT ANYWHERE FROM YOUR CAR. LOTS THROUGH YOUR HOSPITALITY. SEE PACE PROPERTY ON YOUR HIGHLIGHTS. THIS ALLOWS FOR LOWERING OPERATING COST FOR YOUR BUILDING OWNERS THROUGH POLICE STRUCTURES THAT REDUCED THEM PASSED ON TO THE TENANT. OPERA OPTIMIZES THE BUILDING ENVIRONMENT, SO IT PROVIDES BUILDING THAT MAYBE SOMEBODY WANT ACTUALLY WANT, AT LEAST FROM IMPROVE OCCUPANCY. IT PROVIDES CASH FLOW GENERATION. SO THERE'S NO UPFRONT COST IN THIS PROGRAM, AND IT PROVIDES FOR IMMEDIATE CASH FLOW TO THE PROPERTY OWNER AND INVESTOR. AND THEN THERE'S A LOWER COST OF CAPITAL IN THIS PROGRAM, SO IT DISPLACES EXPENSIVE, MEASURED IN 
          [00:25:03]
DEPTH AS REFLECTED ON THIS NEXT SLIDE. AS YOU'LL SEE, TYPICALLY IN COMMERCIAL YOUR MESSAGING DATA SOMEWHERE BETWEEN NINE AND 15% AND IF YOU FLIP TO THE RIGHT SIDE, THEIR PACE CAN REPLACE THAT AND YOU CAN BE LOOKING AT ABOUT A FIVE 27% INTEREST RATE ON THAT FINANCING PRODUCTS. 
          THESE ARE A COUPLE OF EXAMPLES THAT HAPPENED EARLY ON IN PACE. AS YOU CAN SEE, THE PACE TRANSACTION IS ABOUT $500,000. IT DID DO IMPACT WINDOWS, ROOF AND ELEVATOR HERE. AND IT GOES OUT TO 25 YEARS. WE DO HAVE A TRANSACTION OR TERMS THAT WILL GO OUT TO 30. YEARS OF THE EFFECTIVE, USEFUL LIFE OF THE PRODUCT ALLOWS FOR IT. AND THEN I HAVE ONE OTHER ONE HERE, WHICH IS A HOTEL THAT HAPPENED IN OCALA, AND THIS ONE WAS DEALING WITH THE H VAC SYSTEM THERE, WHICH DID GO OUT TO THE 30 YEARS. TYPICALLY, WE'RE LOOKING AT. PACE TRANSACTIONS RIGHT NOW ON THE COMMERCIAL SIDE ANYWHERE BETWEEN 1 TO $10 MILLION, BUT THEY HAVE BEEN INCREASING SOMEWHERE IN THE RANGE OF ABOUT 20 TO 30,000. EXCUSE ME, 20. TO $30 MILLION. AS WE CONTINUE TO SEE THIS THE IMPROVEMENT OF THIS PROGRAM THROUGH THE STATE. THE IMPORTANT PARTS FOR YOU GUYS TO RECOGNIZE HERE FOR THE LOCAL GOVERNMENT HIGHLIGHTS THERE IS NO COST FOR THE COUNTY FOR THIS PROGRAM OTHER THAN TO DEAL WITH THE DOCUMENTS WITH EACH ONE OF THE AGREEMENTS WITH YOUR COUNSEL. ONCE THOSE DOCUMENTS ARE SIGNED, ALL THE COST IS BORN BY EACH ONE OF THE DISTRICTS AS THEY DO THE PACE FINANCING AGAIN . THIS IS YOU KNOW, FINANCING IS PROVIDED BY PRIVATE COMPANIES. 
          IT WILL INCREASE THE PROPERTY VALUES HERE, WHICH IMPROVES YOUR BUILDING STOCK CAN ALSO PROMOTES YOUR ECONOMIC DEVELOPMENT. SUPPORT YOUR ENERGY REDUCTION. AND SUSTAINABILITY POLICIES THAT YOU GUYS HERE HAVE HERE AND THEN ALSO ANY LOCAL JOB CREATION SO. YOUR CONTRACTORS USING THIS PROGRAM. WE'VE SEEN GREAT LEAPS AND BOUNDS BY THEM, CREATING JOBS USING THIS FINANCING, AS IT ALLOWS THEM TO PROVIDE MORE PROJECTS IN THE COMMUNITY. SO THAT WAS THE END OF MY PRESENTATION. I DON'T KNOW IF YOU GUYS HAVE ANY QUESTIONS OR ANY THING YOU'D LIKE TO DISCUSS ABOUT THE PROGRAM. YOU HAVE ANY QUESTIONS? GOT A COUPLE? YES, SIR. THESE DIFFERENT THESE DIFFERENT DISTRICTS ARE. ARE WE GOING TO BE FOLLOWING INTO THIS? UM FLORIDA RESILIENCY OR THE FRED. SO THANK YOU GUYS. YEAH. SO I ALSO HAVE WITH ME, EDDIE FROM WEIDEN WIDE GREEN HERE, SO JUST SO YOU GUYS HAVE AN UNDERSTANDING. ON THE SCREEN. I AM WITH THE FLORIDA RESILIENCE AND ENERGY DISTRICT. AND THEN EDDIE, HERE'S WITH THE EXCUSE ME. I HAVE IDIOTS. GENTLEMEN IT'S USUALLY WORKING HERE. SO ALEX IS WITH THE GREEN CORRIDOR . AND THEN YOU GUYS WOULD DO TWO MORE AGREEMENTS WITH THE FLORIDA BASED FUNDING AGENCY IN THE FLORIDA GREEN FINANCE AGENCY. 
          OKAY THEN. THEN THERE'S FLORIDA GREEN FINANCE AND AUTHORITY. THAT'S JUST THE MECHANISM THAT WAS PUT IN PLACE BY THE LEGISLATURE IS THAT WE'LL HEAR IT ALLOWED FOR THESE DISTRICTS BE CREATED BECAUSE ORIGINALLY, WHEN PEACE WAS CREATED, IT WAS SUPPOSED TO BE THE COUNTY OR THE CITY. THAT WOULD DO THIS AND FROM THE ASPECT OF FINDING THE FINANCING AND. DOING THE ADMINISTRATIVE PARTS OF THIS PROGRAM. IT WAS FOUND TO BE A BIT DIFFICULT. I KNOW THAT LEON COUNTY ORIGINALLY CREATED A PROGRAM AND THEN THEY CAME TO US AND SAID, CAN YOU GUYS PLEASE DO THIS? ACTUALLY, I THINK THEY WORK WITH WIDE GREEN ORIGINALLY. AND THEN WE CAME IN THE DOOR TO HELP THEM TAKE CARE OF THAT PROGRAM BECOME THE TURKEY PROVIDER FOR THE SO, UM. YOU KNOW THAT THIS MECHANISM WAS REALLY PUT IN? I DON'T THINK ORIGINALLY, BUT SECONDARILY TO ALLOW FOR THAT TURNKEY PROGRAM TO BE AVAILABLE TO THE COUNTIES AND CITIES. OKAY AND I GUESS I SAW TO THAT THERE'S AS THIS DISTRICT AND YOU GUYS ARE GOING TO GO BACK TO OUR TAX COLLECTOR. 
          TO WORK OUT AN AGREEMENT WITH HIM. YES, SIR. WE GOT WE HAVE TO DO A SERVICES AGREEMENT WITH THE TAX COLLECTOR AND THE PROPERTY FREEZER. RIGHT, FRASER, RIGHT. OKAY ALL RIGHT, AND THEN TO I GUESS THERE'S THESE. THESE LOANS. IF YOU WILL THEY STAY ON THE BUILDING, NOT ON THE OWNER. 
          THE INDIVIDUAL. SO WHEN INDIVIDUAL GETS READY TO SELL THIS BUILDING. THEN THAT DEBT CONVEYS WITH THE BUILDING IS THAT CORRECT? THAT IS CORRECT, AS LONG AS THE SENIOR LENDER WILL WOW THAT DEBT TO FLOW WITH THE PROPERTY. IT STAYS ON THE PROPERTY, SO IT'S AN ASSESSMENT. 
          OKAY, SO THEY CAN THEY COULD. THEY COULD, I GUESS. SUBORDINATE LET IT GO IN A WAY AND ARGUED, CONTINUE ON OR THEY COULD CALL IT IN AND MAKE IT DO UPON CLOSING. THEY COULD. I MEAN, IT'S MORE ON THE RESIDENTIAL SIDE, WHERE YOU SEE FANNIE MAE AND FREDDIE MAC HAVE DECIDED THAT IF YOU WERE GOING TO DO A REFINANCE. ON THE RESIDENTIAL SIDE. THEY BASICALLY HAVE YOU PAID OFF ON THE COMMERCIAL SIDE. WE HAVEN'T. COMMERCIALS REALLY BEEN AROUND ABOUT FOR FIVE YEARS , SO WE HAVEN'T HAD ONE TRANSFER, AT LEAST IN OUR DISTRICT YET. SO I DON'T KNOW HOW THAT PROCESS IS REALLY GOING TO LOOK WITH A SENIOR LENDER. BUT I CAN TELL YOU THAT, LIKE BANK OF AMERICA, WELLS FARGO IS STARTING TO GET INTO PACE QUITE A BIT, SO THEY'RE LOOKING TO BE THE SENIOR LENDER ON THESE PROJECTS THAT WILL PROBABLY ALLOW THEM TRANSFER. I GOT YOU. 
          OKAY. OKAY. ALL RIGHT. SO I GUESS THAT'S. PART OF THE BUYER BEWARE WHEN THEY GET READY TO 
          [00:30:04]
BUY BUSINESSES FINANCED. YES YEAH, OKAY. ALL RIGHT. THAT'S ALL I GOT. THANK YOU. NO PROBLEM . COUPLE OF QUESTIONS. SO REGARDING WHAT DIFFERENCE YOU FROM A LENDING INSTITUTION? WHY NOT JUST GET ALL COMMERCIAL BANK AND GETTING ALONE? YEP SO IF THEY GO TO COMMERCIAL PROPERTY OWNER GOES TO THE BANK. I MEAN, IT'S A GREAT IDEA. THERE'S NO ISSUE WITH THAT. THE ONLY DIFFERENCE IS, IS THAT THE TERM THAT THEY TYPICALLY ARE GIVEN, SO IT'S USUALLY A BALLOON. YOU MAY BE ABLE TO GO OUT 20 OR 30 YEARS, BUT YOU HAVE A BALLOON 12 TO 15 YEARS. IN THIS CASE, YOU HAVE A TERM THAT'S OUT 30 YEARS AND THE FULL PAYMENT GOES THROUGH THE 30 YEARS. SO THAT'S PROBABLY THE LARGEST BENEFIT THAT A PROPERTY OWNER HOUSE AND THEN THE SECONDARY BENEFIT IS IF YOU HAVE A TRIPLE NET LEASE, SENSES AN ASSESSMENT AND IT'S ON THE PROPERTY. YOU CAN PASS THESE COSTS THROUGH TO YOUR PROPERTY OWNER. AND THE THIRD BENEFIT. I GUESS YOU COULD SAY TO THE PROPERTY OWNERS. IT'S NOT SITTING ON THERE. YOU KNOW ON THEIR FINANCE. IT'S NOT ON THEIR BOOKS SO THEY WOULD LIKE TO GO OUT AND. AND PURCHASE ANOTHER PROPERTY OR GO TO A BANK AND APPLY FOR ANOTHER ALONE. THIS IS NOT SITTING THERE IS DEBT. SO YOU KNOW, IT WOULDN'T BE ON THEIR BALANCE SHEET BASICALLY. DO YOU HAVE TO GET PERMISSION FROM THE LENDING INSTITUTION TO LIKE, SO I'M BUYING. HAVE A BUILDING FINANCE WITH MY GOOD FRIEND. COMMISSIONER DOZER HERE ? YES SIR. HE CURRENTLY HOLDS MY NOTE, BUT I WANT TO MAKE IMPROVEMENTS. AND I COME TO YOU. 
          DO YOU HAVE TO ASK HIS PERMISSION BECAUSE YOU BASICALLY STEPPING IN FRONT OF HIM ON DEBT COLLECTION? YES, SIR. SO WHAT I WOULD SAY TO YOU IS IN THE INDUSTRY RIGHT? THE STATUTE REQUIRES NOTIFICATION. SO EACH ONE OF DISTRICTS ARE A LITTLE BIT DIFFERENT. SOME REQUIRE THERE TO BE EITHER NOTIFICATIONS. SOME REQUIRE CONSENT. SO I WOULD TELL YOU TRYING TO BE POLITICALLY CORRECT . WE DO THAT AS A CONSENT. WE LOOK FOR CONSENT. IF CONSENT ISN'T GIVEN, THEN THERE MAY BE SOME DISCUSSION TO SEE WHAT'S IN THE DOCUMENTS FROM THE BANK TO SEE IF IT ALLOWS FOR AN ADDITIONAL ASSESSMENT. WE'RE ALONE IF THERE'S NOTIFICATION, SO I KNOW I KNOW THE INDUSTRY IS HAVING THAT DISCUSSION RIGHT NOW. HUGE ONE TO HAVE BECAUSE IT PUTS HIM AT A DISADVANTAGE. HE'S GOT THE RISK FOR THE MAJORITY OF THE NOTE. LIKE TO IF I CAN'T ASK YOU BECAUSE ALEX LOOKS AT. THANK YOU. THANK YOU, ALEX ALUM OR THE WHITE GREEN. THANK YOU AGAIN FOR THE OPPORTUNITY TO SPEAK. I'M CURRENTLY FLORIDA STATE STATUTE DOES MENTION IF A PROJECT IS THAT THE VALUE OF THE PROJECT IS 20% OR MORE OF THE PROPERTY VALUE. YOU DO NEED TO GET CONSENT FROM THE LAND. OKAY BUT NOT JUST CONSENT. BUT YOU'RE TALKING TO A FORMER SENIOR LENDER OF A BANK. AND FROM MY STANDPOINT. YOU SAY YOU'VE ONLY BEEN IN THIS FOR FIVE YEARS I WORKED OUT ABOUT 170 SPECIAL ASSET LOANS DURING THIS LAST DOWNTURN, BOTH COMMERCIAL AND RESIDENTIAL. AND ONE OF THE THINGS THAT Y'ALL ARE LOOKING AT IS YOU SAY TURNKEY, AND THERE'S NO EXPENSE ON ORIENT, BUT YOU'RE ESSENTIALLY MAKING US YOUR DEBT COLLECTOR. BY COLLECTING ON THESE THINGS, AND IF THE PAYMENT ISN'T MADE BY THE PROPERTY OWNER , THEN YOU IMMEDIATELY HAVE THE PROBLEM THAT THE BANK HAS GOT TO ADVANCE TO COVER THAT BECAUSE THERE'S GOING TO BE A TAX DEED CELL. THERE WILL BE A TAX CHEAT. BUT YOU'RE YOU'RE GOING TO. YOU'RE GOING TO FORCE THE BANK INTO GETTING OUT OF COMPLIANCE AND GETTING IN TROUBLE WITH THEIR REGULATORS BECAUSE THEY HAVE TO HAVE ADVANCED WAY TOO MUCH MONEY ON THINGS SIMILAR TO THIS WHERE WE HAD TO MAKE SURE THAT IT DIDN'T GO TO A TAX DEED, AND WE LOST IT WITH SOMEBODY ELSE AND. I SEE WHAT YOU'RE SAYING ABOUT NOTIFICATION AND CONSENT. BUT I'VE GOT TO ADMIT THIS IS NOT SOMETHING THAT I THINK IS A GOOD DEAL FOR THE CITIZENS OF THIS COUNTY. SO WHAT I WOULD SAY TO YOU IS THIS THE. 
          I GUESS WHAT'S GOING ON IN THE INDUSTRY RIGHT NOW IS THAT CONSENT IS WHAT EVERYBODY IS LOOKING FOR. I THINK NOTIFICATION IS FOR A SMALLER BUSINESS, SAY SOMEBODY WHO MAY BE DOING A QUARTER TO A HALF MILLION DOLLARS. YOU KNOW, ASSESSMENT WHERE IT'S A SMALL BANK, AND THE BANK DOESN'T HAVE A COMMITTEE THAT UNDERSTANDS OR YOU KNOW, IS ABLE TO DEAL WITH PACE. I DON'T KNOW WHAT THAT MAYBE I'M NOT ON THAT SIDE. SO I DON'T KNOW WHAT THE ARGUMENTS ARE. WHAT I CAN SAY TO YOU IS THAT CONSENT IS RECEIVED ON THE MAJORITY OF THESE PROJECTS. AND I THINK THE QUESTION ABOUT NOTIFICATION IS IT GOING TO BE ALLOWABLE ON. PROJECTS FROM, YOU KNOW, A MILLION UNDER OR A MILLION AND HALF UNDER OR SOMETHING TO THAT EFFECT. BUT IF YOU'RE TALKING ABOUT PROJECTS THAT ARE OVER A MILLION RIGHT NOW, CONSENT IS RECEIVED ON THE MAJORITY OF THOSE PROJECTS. THAT IS, AT LEAST IN MY DISTRICT. THEY RECEIVED ON ALL OF THEM.
* This transcript was compiled from uncorrected Closed Captioning.