| | | | | | | | CITY OF RIVIERA BEACH CITY COUNCIL AGENDA ITEM SUMMARY | | | | | | | |
| | | | | | | | Meeting Date: | 1/16/2019 | Agenda Category: | DISCUSSION AND DELIBERATION |
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| | | | | | | | Subject: | DISCUSSION AND DELIBERATION OF EXPLORING A PUBLIC PRIVATE PARTNERSHIP (P3) USING 63-20 AND 501(c)(3) BONDS TO FINANCE AND OWN PUBLIC FACILITIES FOR THE PUBLIC BENEFIT. |
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| | | | | | | | Recommendation/Motion: | APPROVE STAFF TO EXPLORE A PUBLIC PRIVATE PARTNERSHIP (P3) WITH UNITED HANDS FOR GLOBAL IMPACT (U.H.G.I.). |
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| | | | | | | | Originating Dept | LEGISLATIVE - DISTRICT 1 | | Costs | N/A | User Dept. | | | Funding Source | | Advertised | No | | Budget Account Number | | Date | | | | | Paper | | | | | Affected Parties | Not Required | | | |
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| | | | | | | | Background/Summary: | UNITED HANDS FOR GLOBAL IMPACT (U.H.G.I.) IS A 501(C)(3) CORPORATION SPECIALIZING IN PUBLIC PRIVATE PARTNERSHIP (P3), WHICH FINANCE INFRASTRUCTURE, REDEVELOPMENT AND DEVELOPMENT PROJECTS OF FACILITIES THROUGH TAX EXEMPT FINANCING. U.H.G.I. SERVES AS THE OBLIGATED PARTY AND ADVOCATES THE IMPERIAL DESIGN, WHICH IS A MODERN APPROACH TO FUNDING INFRASTRUCTURE, REDEVELOPMENT, AS WELL AS, DEVELOPMENT PROJECTS.
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| | | | | | | | Fiscal Years | | | | | | Capital Expenditures | | | | | | Operating Costs | | | | | | External Revenues | | | | | | Program Income (city) | | | | | | In-kind Match (city) | | | | | | Net Fiscal Impact | | | | | | NO. Additional FTE Positions
(cumulative) | | | | | |
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| | | | | | | | A. Finance Department Comments: | | | B. Purchasing/Intergovernmental Relations/Grants Comments: | | | C. Department Director Review: | |
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| | | | | | | | Contract Start Date | | Contract End Date | | Renewal Start Date | | Renewal End Date | | Number of 12 month terms this renewal | | Dollar Amount | | Contractor Company Name | | Contractor Contact | | Contractor Address | | Contractor Phone Number | | Contractor Email | | Type of Contract | | Describe | |
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REVIEWERS: | Department | Reviewer | Action | Date | Finance | sherman, randy | Approved | 1/9/2019 - 3:08 PM | Attorney | Busby, Lina | Approved | 1/9/2019 - 2:39 PM | City Manager | Answerer | Approved | 1/9/2019 - 6:16 PM |
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