* This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting. [1.  CALL TO ORDER] [00:00:04] GOOD AFTERNOON EVERYONE. AFTERNOON. THANK YOU SO VERY MUCH FOR ATTENDING OUR SPECIAL CITY COMMISSION MEETING FEBRUARY 19TH, 2025. OUR MEETING IS NOW CALLED TO ORDER. ROLL CALL MADAM CLERK, PLEASE. MAYOR EDWARDS PHILLIPS. HERE. VICE MAYOR CASWELL. HERE. COMMISSIONER HARRISON. HERE. COMMISSIONER MAXWELL WILLIAMS. COMMISSIONER THOMAS. HERE. CITY MANAGER BROWN STUBBS CITY ATTORNEY CALLOWAY PRESENT. MADAM MAYOR, WE HAVE [3.  STATEMENT OF PURPOSE OF THE SPECIAL MEETING] A QUORUM. THANK YOU SO VERY MUCH. AS THIS IS A SPECIAL MEETING, I AM SOLICITING A MOTION TO WAIVE THE NOTICE REQUIREMENT OF SPECIAL MEETINGS. MADAM MAYOR, MADAM VICE MAYOR, I WOULD LIKE TO WAIVE THE NOTICE. GET A MOTION TO WAIVE THE NOTICE FOR US. THIS SPECIAL MEETING, VICE MAYOR CALWELL, THIS REQUIREMENT FOR THIS SPECIAL MEETING. VICE MAYOR CALWELL. FOR COMMISSIONER HARRISON. FOR COMMISSIONER THOMAS. FOR MAYOR EDWARDS PHILLIPS. MOTION PASSES. THANK YOU SO VERY, VERY [A.  CONSIDERATION TO APPROVE A RESOLUTION TO ALLOW PARTICIPATION IN THE PUBLIC SALE OF THE PROPERTY LOCATED AT 4301 NW 48TH AVENUE, LAUDERDALE LAKES, FLORIDA 33319 AND FURTHER AUTHORIZING EXPENDITURE OF PUBLIC FUNDS IN AN AMOUNT NOT TO EXCEED ONE MILLION SIX HUNDRED THOUSAND ($1,600,000.00) DOLLARS FOR THE PURPOSE OF PARTICIPATING IN PUBLIC BID PROCEEDINGS AND PROSPECTIVE PURCHASE OF THE PROPERTY. THE PUBLIC SALE IS TO BE HELD ON FEBRUARY 20, 2025 AT 10:00 A.M.] MUCH. ITEM THREE, THE STATEMENT OF PURPOSE OF THE SPECIAL MEETING. THREE. A CONSIDERATION TO APPROVE A RESOLUTION. RESOLUTION TO ALLOW PARTICIPATION IN THE PUBLIC CELL OF THE PROPERTY. LOCATED AT 4 3 0 1 NORTHWEST 48TH AVENUE, LAUDERDALE LAKES, FLORIDA. 3 3, 3 1 9. AND FURTHER AUTHORIZING EXPENDITURES OF PUBLIC FUNDS IN AN AMOUNT NOT TO EXCEED $1,600,000 FOR THE PURPOSE OF PARTICIPATING IN PUBLIC BID PROCEEDINGS AND PROSPECTIVE PURCHASE OF THE PROPERTY. THE PUBLIC SALE IS TO BE HELD ON FEBRUARY 20TH, 2025 AT 10:00 AM AND MY COLLEAGUES PRIOR TO OUR DISCUSSION OF FOUR A ITEMS, IS THERE ANYONE IN THE AUDIENCE WHO WOULD LIKE TO SPEAK BRIEFLY? DISAGREE. THANK YOU VERY MUCH. UM, MADAM MAYOR, ESTEEM COMMISSIONERS, CITY MANAGER, CITY CLERK, CITY ATTORNEY, FELLOW COMMUNITY MEMBERS. GOOD EVENING. FIRST AND FOREMOST, I WANT TO EXTEND MY HEARTFELT GRATITUDE TO YOU FOR YOUR UNWAVERING COMMITMENT TO THE WELLBEING OF THE RESIDENTS OF LORD DE LAKES. YOUR DEDICATION IS REFLECTED IN THE CITY'S SLOGAN. WE CARE. IT'S NOT JUST WORDS. IT'S A PROMISE, A GUIDING PRINCIPLE THAT SHAPES THE DECISIONS YOU MAKE FOR OUR COMMUNITIES EVERY SINGLE DAY. TONIGHT I STAND BEFORE YOU AGAIN TO HIGHLIGHT A TANGIBLE WAY TO BRING THE COMMITMENT TO LIFE. A WAY TO ENSURE THAT WE CARE CONTINUES TO BE MORE THAN A SLOGAN, BUT A LAST IN REALITY FOR THE PEOPLE OF OUR COMMUNITIES. ONE OF THE SHINING EXAMPLES OF CARE IN OUR COMMUNITY IS THELMA LEWIS, OUR OE DEDICATED SECRETARY AND DIRECTOR OF WELFARE. FOR OVER A YEAR, THELMA HAS GONE ABOVE AND BEYOND TO ENSURE THAT OUR RESIDENTS, ALL OF WHOM ARE SENIORS, STAY ACTIVE, ENGAGED, AND CONNECTED ALMOST EVERY WEEK. SHE PERSONALLY ARRANGES TRANSPORTATION TO THE SALVATION ARMY IN DOWNTOWN FORT LAUDERDALE WHERE OUR RESIDENTS PARTICIPATE IN BINGO MOVIES, EXERCISE, AND SOCIAL ACTIVITIES. HER WORK EMBODIES THE SPIRIT OF LAUDERDALE LAKES, A CITY THAT LOOKS OUT FOR ITS OWN, A CITY THAT VALUES ITS ELDERS AND A CITY THAT UNDERSTANDS THE IMPORTANCE OF COMMUNITY. BUT THELMA CANNOT DO IT ALONE. OUR RESIDENTS SHOULD NOT HAVE TO TRAVEL OUTSIDE OF THE CITY TO ACCESS THESE TYPES OF ACTIVITIES. WE NEED ACCESS TO OUR FACILITY AND A ESPECIALLY ONE NEARBY TO SERVE AS PERMANENT ACCESSIBLE HUB FOR ENGAGEMENT, SUPPORT, AND CARE. RECENTLY OUR COMMUNITY SUFFERED A HEARTFELT, HEARTBREAKING LOSS WHEN ONE OF OUR MEMBERS PASSED AWAY. IN THE MIDST OF THIS GRIEF, THE FAMILY FACED YET ANOTHER CHALLENGE, FINDING A REASONABLE PRICE LOCATION TO HOLD A REPASS WITH LIMITED OPTIONS IN OUR CITY. THEY STRUGGLED AND WAS FORCED TO PACK ABOUT 120 PEOPLE INTO A PLACE THAT WAS BUILT NOT TO HOLD THAT MANY. THIS IS NOT JUST A ONE-TIME OCCURRENCE OR SENIORS WHO HAVE GIVEN SO MUCH TO THE CITY DESERVE A SPACE WHERE THEY CAN GATHER NOT ONLY IN TIMES OF JOY, BUT ALSO IN TIMES OF REMEMBRANCE. ACCESS TO THIS FACILITY IN OAKLAND, VILLAS WOULD SERVE AS A WELCOMING SPACE FOR REPASS CELEBRATIONS, MEETINGS AND COMMUNITY EVENTS RIGHT IN THE HEART OF LAUDERDALE LAKES FOR THE PEOPLE OF LAUDERDALE LAKES. YOU KNOW, MAD MAYOR. [00:05:01] EARLY THIS YEAR, THE OAKLAND VILLAGE HOMEOWNERS ASSOCIATION WAS FORCED TO POSTPONE OUR A GM BECAUSE OUR PLANNED VENUE WAS STILL UNDER CONSTRUCTION. WE SEARCHED FOR OPTIONAL SPACE, BUT THE ONE VENUE THAT COULD ACCOMMODATE US WAS CHARGING $895 FOR THREE HOURS. THIS WAS NOT JUST AN INCONVENIENCE, IT WAS A REMINDER THAT WE LACKED THE ESSENTIAL INFRASTRUCTURE NEEDED TO BRING OUR COMMUNITY TOGETHER. ACCESS TO A DEDICATED SPACE WOULD HAVE PREVENTED THIS ISSUE AND ENSURED THAT OUR COMMUNITY OF FEARS PROCEEDED AS SCHEDULED. A CLUBHOUSE IS NOT A STRUCTURE MADAM MAYOR. IT'S A COMMITMENT TO A RESIDENCE. IT WOULD OFFER ONE SOCIAL CONNECTIVITY, A PLACE FOR SENIORS TO GATHER, REDUCING ISOLATION AS WELL AS LONELINESS, HEALTH AND WELLNESS PROGRAMS, A VENUE FOR FITNESS CLASSES, WELLNESS SEMINARS AND EDUCATIONAL WORKSHOPS, RECREATIONAL AND CULTURAL ACTIVITIES. A SPACE TO CELEBRATE, LEARN AND ENGAGE IN COMMUNITY EVENTS, SUPPORT AND RESOURCES. A FACILITY TO HOST COMMUNITY ASSISTANCE PROGRAMS AS WELL AS MEETINGS. AND LASTLY, EMERGENCY AND DISASTER RELIEF. A CENTRALIZED LOCATION FOR RESIDENTS TO RECEIVE AID DURING CRISIS. MOREOVER, INVESTING IN THIS FACILITY, MADAM MAYOR, IS AN INVESTMENT IN THE CITY'S FUTURE. IT ENHANCES DALE LAKES REPUTATION AS A CITY THAT PRIORITIZES ITS PEOPLE. IT CREATES ECONOMIC OPPORTUNITIES, BOAST PROPERTY VALUES, BOAST PROPERTY VALUES, AND DEMONSTRATES TO BOTH CURRENT AND FUTURE RESIDENTS THAT THIS IS A CITY THAT TRULY CURES. TONIGHT. I AM NOT JUST ASKING FOR A DECISION IN THE BEST INTEREST OF OUR CITY. I'M ASKING FOR A RENEWED COMMITMENT TO THE PEOPLE WHO BUILT THE CITY, THE SENIORS WHO HAVE GIVEN THEIR TIME, ENERGY, AND RESOURCES TO MAKING LARGER THE LAKES A PLACE WE ALL CAN LIVE AND CALL HOME. BUT A MAYOR, WE ALREADY HAVE THE PASSION. WE ALREADY HAVE THE NEED. WHAT WE REQUIRE NOW IS YOUR ACTION. LET'S MEET THE SPIRITS AS A REALITY BECAUSE CARING IS NOT JUST A WORD. IT IS WHAT WE DO. THANK YOU. THANK YOU, MR. GREEN. ANYONE ELSE? THANK YOU SO VERY MUCH. [A.  RESOLUTION 2025-027 AUTHORIZING AND DIRECTING CITY MANAGER TO PROCEED AND PARTICIPATE IN THAT CERTAIN PUBLIC SALE TO BE HELD ON FEBRUARY 20, 2025 AT 10:00 AM, PERTAINING TO THE PROPERTY COMMONLY KNOWN AS 4301 NW 48TH AVENUE, LAUDERDALE LAKES, FLORIDA 33319 AND FURTHER AUTHORIZING EXPENDITURE OF PUBLIC FUNDS IN AN AMOUNT NOT TO EXCEED ONE MILLION SIX HUNDRED THOUSAND AND NO/100 DOLLARS ($1,600,000.00)] ITEM FOUR, CONSIDERATION OF BUSINESS CONTAINED IN THE CALL FOR SPECIAL MEDIUM. ITEM FOUR, A MAD MAYOR, SORRY ABOUT THAT. MAD MAYOR AND COMMISSIONERS. THIS IS RESOLUTION 2 0 2 5 DASH 0 2 7 RESOLUTION AUTHORIZING AND DIRECTING THE CITY MANAGER TO PROCEED AND PARTICIPATE IN THAT CERTAIN PUBLIC SALE TO BE HELD ON FEBRUARY 20TH, 2025 AT 10:00 AM PERTAINING TO THE PROPERTY COMMONLY KNOWN AS 43 0 1 NORTHWEST 48TH AVENUE, LAUDERDALE LAKES, FLORIDA 3 3 3 1 9. FURTHER AUTHORIZING EXPENDITURE OF PUBLIC FUNDS IN AN AMOUNT NOT TO EXCEED $1.5 MILLION FOR THE PURPOSE OF PARTICIPATING IN THE PUBLIC BID PROCEEDINGS AND PROSPECTIVE PURCHASE OF THE PROPERTY, PROVIDING FOR ADOPTION OF RECITALS, PROVIDING INSTRUCTIONS TO THE CITY MANAGER AND CLERK PROVIDING AN EFFECTIVE DIG, I'M SORRY, UH, CORRECTION ON THE AMOUNT, UH, IT'S $1,600,000. SO THIS IS A MOTION TO BRING RESOLUTION 2 0 2 5 DASH 0 2 7 TO THE FLOOR. MAD MAYOR, COMMISSIONER HARRISON, I MOVE THAT WE BRING RESOLUTION 2 0 2 5 DASH 27 TO THE FLOOR FOR DISCUSSION. MAYOR EDWARDS PHILLIPS, VICE MAYOR SWELL COMMISSIONER HARRISON. COMMISSIONER THOMAS. MOTION PASSES. MAD MITCH. THANK YOU MADAM MAYOR. GOOD EVENING EVERYONE, AND OF COURSE, GOOD EVENING TO OUR WONDERFUL PUBLIC. THANK YOU FOR COMING OUT FOR THIS VERY IMPORTANT CONVERSATION. MAD MAYOR AND COMMISSIONERS, AS YOU KNOW, WE HAVE BEEN, UH, MYSELF, ATTORNEY CALLOWAY'S STAFF AND THROUGH ATTORNEY CALLOWAY'S, UM, FIRM, ALSO MR. ALEXANDER VINCENT ALEXANDER, ATTORNEY WITH SHUT BOWEN. WE HAVE BEEN MONITORING THE PROPERTY AS DIRECTED, UM, VIA THE COMMISSION FOR QUITE SOME TIME NOW. I'LL FAST FORWARD TO THE LAST PUBLIC SALE THAT WAS TAKING PLACE IN OCTOBER. I WANT TO SAY IF I DON'T HAVE THE ACTUAL NOVEMBER THE SIXTH. NOVEMBER THE SIXTH WAS THE LAST AUCTION THAT WAS ACTUALLY SCHEDULED, HOWEVER, ON NO, ON NOVEMBER THE FIFTH IT WAS CANCELED [00:10:01] AND MR. CALLOWAY CAN GO ON INTO THE PROCEEDINGS THAT OCCURRED UP UNTIL THIS POINT. HOWEVER, WE NOW ARE TO THE POINT WHERE THE AUCTION IS SCHEDULED FOR TOMORROW AND WE THOUGHT IT PRUDENT BECAUSE IT'S SUCH AN IMPORTANT ITEM AND A HIGH, UH, TICKET ITEM, UM, OF GREAT IMPORTANCE TO BRING IT BACK TO THE COMMISSION SO WE CAN MAKE A FORMAL ACTION SO WE CAN PROCEED ACCORDINGLY ON TOMORROW'S PROCEEDINGS WITH THE AUCTION. SO MR. VINCENT ALEXANDER ATTORNEY, HE IS ACTUALLY ON NOW AS WELL AS, UM, MS. DE NEIL AND THE CITY ATTORNEY CAN GO INTO FURTHER PROCEEDINGS, BUT I WOULD REALLY LIKE FOR ATTORNEY ALEXANDER TO WALK THE COMMISSION THROUGH EXACTLY HOW THAT AUCTION PROCESS WILL LOOK SO I CAN PROVIDE MORE CLARITY ON THE AMOUNT THAT IS GIVEN AND THE STARTING MAX BID THAT THE LENDER IS OFFERING AS WELL FOR YOU. MADAM MAYOR. THANK YOU MADAM MANAGER. MR. ALEXANDER. GOOD AFTERNOON. GOOD AFTERNOON. CAN EVERYBODY HEAR ME OKAY? THANK YOU ATTORNEY. WE CAN HEAR YOU FINE. IF YOU CAN, UM, WALK THE COMMISSIONERS THROUGH EXACTLY WHAT THAT AUCTION MAY ENTAIL ON TOMORROW SO THEY'LL HAVE A BETTER UNDERSTANDING OF WHAT WE'LL BE FACED WITH ON, UM, TOMORROW AT 10 THROUGH YOU MADAM MAYOR. THANK YOU. THANK YOU MR. ALEXANDER. OKAY, GOOD AFTERNOON, MAD MAYOR AND COMMISSION. UM, IN TERMS OF THE AUCTION THAT'S GOING TO TAKE PLACE TOMORROW, UH, THE AUCTION IS GONNA COMMENCE AT 10:00 AM UH, THE AUCTION IS AN ONLINE AUCTION, UH, THAT WILL BE TAKING PLACE AND THE CITY HAS ALREADY ESTABLISHED AN ACCOUNT IN ORDER TO PARTICIPATE, UH, IN THE ONLINE AUCTION, UH, WHICH IS A REQUIREMENT, UH, IN ORDER TO PARTICIPATE IS TO, TO HAVE AN ACCOUNT SET UP. UM, I BELIEVE THE MAXIMUM BID THAT THE LENDER AND THE LENDER IS THE ENTITY THAT, YOU KNOW, CURRENTLY HAS A FORECLOSURE JUDGMENT AGAINST THE PROPERTY, UM, THAT THEY'RE WILLING TO BID, UH, A MAXIMUM PRICE OF THEIR JUDGMENT AMOUNT, WHICH I BELIEVE WAS IN THE AMOUNT OF $965,000. SO I KIND OF VIEW THAT AS THE FLOOR, UH, OF WHAT THE BIDS WILL BE AT THE AUCTION. AND CERTAINLY WE DON'T KNOW WHAT THE CEILING WILL BE, UH, 'CAUSE WE DON'T KNOW WHO ELSE WILL, UH, BE A PARTICIPANT, UM, AT THE AUCTION TOMORROW. UM, BUT THE BIDS WILL ALL BE PLACED ELECTRONICALLY. UH, TYPICALLY THESE AUCTIONS LAST, YOU KNOW, ANYWHERE FROM, YOU KNOW, FIVE MINUTES TO 30 MINUTES DEPENDING ON THE NUMBER OF PARTICIPANTS THAT ARE AT THE AUCTION. UM, AND PARTICIPATING IN THE AUCTION. UH, WE WILL, WE WILL NOT KNOW THE LIST OF OTHER PARTICIPANTS AT THE AUCTION, UH, BUT WE WILL KNOW WHAT THE CURRENT BID PRICE IS, UH, THROUGHOUT THE AUCTION AS THAT WILL BE DISPLAYED ONLINE THROUGH THE ACCOUNT. AND THE CITY HAS A FEW OPTIONS IN TERMS OF HOW TO BID AT THE AUCTION. UM, RECOGNIZING IT, WHAT ITS MAXIMUM BID PRICE CAN BE. UH, THE INCREMENTS THAT YOU CAN INCREASE OVER A PRIOR BID ARE A THOUSAND DOLLARS AND THERE WILL BE BIDS UNTIL, UH, NOBODY ELSE, UH, ATTEMPTS AN OVERBID. SO THAT'S WHY I SAID IT COULD LAST ANYWHERE FROM FIVE MINUTES TO 30 MINUTES, DEPENDING ON THE NUMBER OF BIDDERS AND HOW THE BIDS PROCEED. UM, ONCE THE BIDDING IS CLOSED, UH, THE WINNING BIDDER WILL HAVE 24 HOURS, UH, IN ORDER TO REMIT THE DIFFERENCE BETWEEN ANY DEPOSIT THAT WAS PRESENTED, UM, WITH, IN CONNECTION WITH THE BID. UH, SO THE BALANCE WILL BE DUE, UH, WITHIN 24 HOURS. UM, AND SO THAT IS A REQUIREMENT THAT NEEDS TO BE COMPLIED WITH OR ELSE YOU COULD POTENTIALLY FORFEIT, UM, THE DEPOSIT, UH, IF YOU DO NOT REMIT THE REMAINDER. SO IT'S, IT'S VERY IMPORTANT, UM, TO MAKE SURE THAT IT'S READY TO GO, UM, IN TERMS OF ANY PAYMENT, IF THE CITY IS ULTIMATELY THE SUCCESSFUL BIDDER. AND LIKE I SAID, YOU'LL KNOW IMMEDIATELY AT THE END OF THE AUCTION, UH, IF THE CITY IS THE SUCCESSFUL BIDDER. AND IF ANYBODY HAS ANY QUESTIONS, YOU KNOW, REGARDING THE PROCESS, UM, CERTAINLY I'LL BE AVAILABLE DURING, UH, THE AUCTION PROCESS TO ASSIST WITH ANY, UM, QUESTIONS, UH, THAT MAY BE HAD. UH, BUT IF ANYBODY HAS ANY QUESTIONS TODAY, I'M, I'M HERE AND AVAILABLE TO ANSWER [00:15:01] ATTORNEY. ATTORNEY. CAN YOU HEAR US ADEAS? YES, I CAN. OKAY. JUST A MOMENT. MR. ALEXANDER, CAN YOU HEAR ME? YES, I CAN. YES. UNFORTUNATELY WE WERE NOT ABLE TO HEAR YOU VERY CLEARLY, SO I'M GOING TO ASK YOU TO INDULGE US AND BEGIN OVER AND START OVER. OH MY GOSH. UM, CAN YOU NOT HEAR ME? 'CAUSE THE MICROPHONE'S NOT LOUD ENOUGH OR IS IT? NO, AT ONE POINT IN TIME IT WAS NOT. OKAY. AND IS IT, CAN YOU HEAR ME RIGHT NOW? VINCE? WE CAN HEAR YOU NOW. WOULD YOU JUST GO OVER YOUR INITIAL COMMENTS REGARDING THE BID? I KNOW YOU WHAT, WHERE WE DROPPED OFF IS WHERE YOU WERE TALKING ABOUT THE FLOOR FOR THE BID, JUST FROM THE BEGINNING UP TO THAT POINT. AND THEN AGAIN, ADDITIONAL QUESTIONS, THE COMMISSION CAN PROCEED FROM THERE. OKAY. AND PLEASE LET ME KNOW IF, IF YOU CAN'T HEAR ME AT ANY POINT AND I'LL SEE IF I CAN ADJUST VOLUME OR THE, THE MICROPHONE. IN TERMS OF THE FLOOR, IT APPEARS THAT THE FLOOR, UM, FOR BIDDING WILL BE THE AMOUNT OF THE JUDGMENT THAT THE LENDER HOLDS, UH, AGAINST THE PROPERTY. AND I BELIEVE THE AMOUNT OF THAT JUDGMENT IS APPROXIMATELY $965,000. AND THAT IS THE MAXIMUM BID THAT THE LENDER AS OF YESTERDAY HAD INDICATED THAT THEY WERE WILLING TO BID FOR THE PROPERTY. UM, THAT BID WILL NOT BE A CASH BID, IT WILL BE A CREDIT BID, UH, WITH REGARDS TO THE AMOUNT OF THEIR JUDGMENT. SO IF ANYBODY WOULD LIKE TO ACQUIRE THE PROPERTY, THEY'RE GOING TO NEED TO LIKELY BID MORE THAN $965,000. UM, WE DO NOT KNOW WHAT THE MAXIMUM BID OF ANY PARTIES OTHER THAN THE LENDER WILL BE AT THIS PARTICULAR TIME, NOR DO WE KNOW WHO THE OTHER BIDDERS ARE AT THE AUCTION, UH, OR WHO MAY BE, THERE MAY BE ONE OTHER BIDDER, TWO OTHER BIDDERS, OR THERE MAY BE NO OTHER BIDDERS, UM, AT THE AUCTION. SO THE BIDDING WILL BE AN INCREMENTS OF $1,000, I BELIEVE, OVER THE PRIOR BID, AND THE BIDS WILL GO ON UNTIL NOBODY PLACES AN OVERBID. UM, I BELIEVE THE, THE CITY'S MAXIMUM BID, UM, BASED ON THE RESOLUTION WILL BE BE $1.6 MILLION. UH, BUT CERTAINLY THAT AMOUNT MAY NOT NEED TO BE UTILIZED AND THE CITY COULD ACQUIRE IT FOR LESS. THAT REALLY JUST DEPENDS ON WHO ELSE BIDS, UH, AT THE AUCTION. UM, THE, THE AUCTION PROCESS WILL TYPICALLY TAKE ANYWHERE FROM FIVE MINUTES TO TO 30 MINUTES, AND THAT REALLY DEPENDS ON THE NUMBER OF BIDS AND THE AMOUNT OF BIDS, UM, THAT ARE MADE AT THE AUCTION. THANK YOU. COMMISSIONER THOMAS. THANK YOU MADAM MAYOR. UM, ATTORNEY, UH, ALEXANDER. SO EVERYONE WHO IS, UM, SCHEDULED TO BID TOMORROW, THEY'RE STARTING AT THE GROUNDWORK OF, UM, 965,000, RIGHT? AM I CORRECT? WELL, SOMEONE COULD SUBMIT A BID FOR LESS THAN THAT, BUT THEY WILL NOT OBTAIN THE PROPERTY BECAUSE THE LENDER HAS, AS OF YESTERDAY INDICATED THAT THEIR MAX BID WILL BE 965,000. THANK YOU. THANK YOU, UH, ATTORNEY ALEXANDER. SO, UH, I HAD A SIMILAR QUESTION, BUT I THINK YOU ANSWERED IT. SO BASICALLY WE KNOW THAT THE LENDER'S GONNA KICK OFF THE BID AT 960, SO WE ALREADY KNOW THAT WE HAVE TO BID FOR SOMETHING THEN. AND IT, YOU SAID IT'S YOUR OPINION THAT 1.6 MILLION SHOULD BE ENOUGH FOR US TO ACQUIRE THE PROPERTY? NO, I DIDN'T, I DIDN'T EXPRESS AN OPINION ON WHAT WILL BE, UH, A WINNING BID, UH, AT THE AUCTION. UM, QUITE FRANKLY, I CAN'T EXPRESS AN OPINION BECAUSE I DON'T KNOW WHO ELSE IS BIDDING ON THE PROPERTY. SO THERE, THERE MIGHT BE SOMEONE OUT THERE WHO MIGHT BELIEVE THE PROPERTY IS TO THEM IS WORTH MORE THAN 1.6. SO THERE, THERE'S NO GUARANTEE THAT $1.6 MILLION WILL ACQUIRE THE PROPERTY AT THE AUCTION. OKAY. THANK YOU MADAM MAYOR. UM, SO IT'S MY UNDERSTANDING [00:20:01] ALSO THAT IT'S, WE STARTED THE 965,000 AND THE NEXT INCREMENT IS 966,000 INCREMENT OF A THOUSAND, RIGHT? TO GO UP? YEAH, I I BELIEVE THE INCREMENTS ARE 1000. OKAY. UM, ARE YOU THE ONE THAT WILL BE BIDDEN OR OUR STAFF WILL BE DONE? THANK YOU KINDLY. I GOT MY ANSWER. ATTORNEY LEXANDER A COUPLE OF QUESTIONS THAT I HAVE. WE DO NOT KNOW IF THERE WILL BE OTHER BIDDERS, BUT IF THERE ARE OTHER BIDDERS, WE STILL WILL NOT KNOW. BUT IF OTHER BIDDERS SUBMIT A HIGHER BID THAN WE DO, WILL THE BIDDING GO FROM EACH BIDDER AND INCREMENTS OF 1000? FOR EXAMPLE, IF THE CITY OF LAUDERDALE LAKES BIDS 1 MILLION AND ANOTHER BIDDER BIDS 1,001,000, THEN WE WILL KNOW THAT THERE IS AN INCREASE IN THE BID AND HAVE AN OPPORTUNITY TO BID MORE UP TO 1.6. YOUR UNDERSTANDING IS CORRECT, MAYOR, COUNTY MANAGER, IF I MAY JUST OFFER SOME CLARITY. SO THE AUCTION PRICE OR AVAILABLE AMOUNT FOR THE CITY IS 1.5. OKAY. WE HAVE ADJUSTED THE AMOUNT TO COMPLETE A SALE TO INCLUDE, UH, STATE FEES AS WELL AS, UH, CLERK FEES, AND THAT CAN BE UP TO THE 1.6. WE HAVE PLACED A, UM, A DEPOSIT OF $75,000. THAT'S 5% OF 1.5 MILLION. THAT IS THE REQUIRED AMOUNT FOR THE SALE. SO AT THIS POINT, OUR MAX BID FOR THE CITY COULD BE UP TO 1.5. HOWEVER, IF THE COMMISSION TONIGHT SAID, OKAY, I WANT YOU ALL TO STOP AT NINE HUNDRED AND EIGHTY FIVE, NINE HUNDRED AND NINETY 9,000, THEN YOU COULD DIRECT US TO DO SO. SO MYSELF WITH THE ASSISTANCE OF ATTORNEY ALEXANDER, AND OF COURSE OUR FINANCIAL SERVICES DIRECTOR WILL BE DOING THE BIDDING, THE ORDER FOR THE BID TO TAKE PLACE, THE CITY HAS TO CONDUCT THE AUCTION SALE, BUT THAT'S WHY WE DO ON BEHALF OF THE CITY, AND WE HAVE SET UP OUR ACCOUNT AND ON COUNCIL WITH ATTORNEY ALEXANDER AND TEAM TO MOVE THAT PROCESS FORWARD. MADAM MAYOR, THANK YOU FOR THAT CLARIFICATION. MADAM MANAGER, MADAM VICE MAYOR, EXCUSE ME, WE'RE UNABLE TO HEAR MADAM VICE MAYOR ONLINE. 965,000 IS OWED RIGHT NOW. CAN THEY START? BUT IN BIDDING, I THINK YOU DON'T HAVE TO START AT THE 9 65. SOMEONE CAN DECIDE THE AUCTIONEER THAT HE OR SHE WANTS TO START HIGHER IS, IS THAT SO, UM, IT STARTED HIGHER. YES. MADAM MAYOR TO THE, UH, VICE MAYOR'S QUESTION IS, DOES IS IS THERE AN AUTHORITY FOR AN AUCTIONEER, UH, TO START THE BIDDING AT BEYOND THE 9 65 PLUS THAT THE LENDER HAS SET AS THEIR MAXIMUM BID? UH, I BELIEVE MR. ALEXANDER WILL CONFIRM WITH ME THAT THERE'S NOT AN AUCTIONEER. THE, UH, DEAL QUESTIONS ARE WHO ARE THE BIDDERS? WE KNOW RIGHT NOW THAT THE ONE BIDDER THAT WE KNOW IS THE LENDER. WE ALSO KNOW THAT THE LENDER HAS ESTABLISHED WHAT THEIR HIGH NUMBER IS, THEIR MAXIMUM BID AMOUNT, WHICH IS THE AMOUNT OF THE JUDGMENT. NO, LENDERS DON'T TYPICALLY LIKE THE WHOLE PROPERTY. THEY WANT THE MORTGAGE PAGE. THEY DON'T WANNA BE A REAL ESTATE OWNER NECESSARILY, BUT THEIR MAXIMUM BID AMOUNT IS THE AMOUNT OF THE JUDGMENT. IF THERE ARE OTHER BIDDERS WHO HAVE REGISTERED TO [00:25:01] PARTICIPATE IN THIS PARTICULAR, UH, BID PROCESS, THEY COULD START A AMOUNT THAT WOULD BE HIGHER THAN THE LENDER'S 9 65, FOR EXAMPLE. CITI COULD ENTER A AMOUNT THAT WOULD BE HIGHER THAN WHAT THE LENDER HAS ESTABLISHED AS, UH, ITS MAXIMUM BID. SO FOR EXAMPLE, THE QUESTION I WAS GONNA ASK, UH, TO, UH, MR. ALEXANDER, UH, WE KNOW THAT THE MAXIMUM BID ESTABLISHED BY THE LENDER IS $965,000 PLUS, RIGHT? IF THE CITY BIDS AND ACTUALLY WINS BASED ON ITS BID OF $1 MILLION, WHO GETS PAID THE DIFFERENCE BETWEEN THE AMOUNT THAT'S OWED TO THE LENDER AND THAT $1 MILLION THAT I TURN ALEXANDER AND TURN? IN TERMS OF THE DISTRIBUTION OF ANY SALE PROCEEDS? TYPICALLY THE ORDER OF PAYMENT GOES THE LENDER FIRST. IF THERE ARE ANY JUNIOR LIENS ON THE PROPERTY, THE JUNIOR LIENS WILL THEN GET PAID. UH, IF THERE ARE NO OTHER LIENS ON THE PROPERTY, THEN TYPICALLY, UH, ANY REMAINDER WILL GO BACK TO THE PROPERTY OWNER. NO, I WAS JUST IN AGREEMENT, BUT, UM, NO, I'M GOOD. THANK YOU. I THANK YOU MADAM MAYOR. I, SINCE I I HEARD THAT MILLION I I POSE THAT, UM, WE STOP AT THE MILLION MARK BY PLUS WHATEVER IS NEEDED FOR THE ADDITIONAL MARTIN HARRISON. UM, I'M NOT TOO FAMILIAR WITH WHAT CAN HAPPEN AT AN AUCTION. UM, BUT WHAT I DO KNOW IS THAT THIS PROPERTY IS, MEANS A LOT TO THE CITY AND, UM, I'D HATE FOR ANY SURPRISES TO HAPPEN TO WHERE, UH, WE MIGHT PUT OUR STAFF IN A TOUGH POSITION TO NOT BE ABLE TO PIVOT BECAUSE THEY MAY NOT HAVE ENOUGH TIME TO WORK WITH. SO, UM, I'M OKAY WITH THE 1.6 IF IT MEANS THAT IF THERE'S OTHER BIDDERS WE CAN STILL BE ABLE TO BID IN ORDER TO COMPETITIVELY GET THE, UM, PROPERTY MAD. I, I AM IN, I WOULD LORE THE PROPERTY. I DON'T SEE IT JUST AS A CLUBHOUSE FOR, I THINK THE PROPERTY CAN BE REPURPOSED. IT HAS A BETTER THAN I THINK IT'S GOING TO BE ACRES, SO A LITTLE BIT MORE, I WOULD NOT BE INTERESTED IN IT IF IT DIDN'T HAVE OTHER VALUE THAN THE CLUBHOUSE. THE CLUBHOUSE IS OPEN, BUT I KNOW THAT THE ENTIRE PROPERTY THERE CAN BE REPURPOSED RESIDENTS OVER THERE AND AND I WOULD, I THINK IT IS 9 65, ROUND IT OFF TO A MILLION DOLLARS. I THINK 1,000,005 IS PRETTY GOOD. I DON'T THINK I WOULD WANT THE 62 GO FURTHER THAN THAT. IT'S LIKE 50% MORE THAN WHAT IS OWED. BUT WHAT IS OWED THAT DOESN'T SAY THAT PROPERTY NOT HAS MORE VALUE THAN ATTORNEY CALLOWAY. MADAM MAYOR AND COMMISSIONERS ALSO KEEP IN MIND THAT ONE OF THE REAL QUESTIONS IS WHO WAS ACTUALLY OUT THERE TO BID ON THE PROPERTY? WHY, IF THERE'S A BIDDER OUT THERE WHO ANTICIPATES THAT THE PROPERTY COULD BE DEVELOPED MULTIFAMILY UNITS LIKE THE BORROWERS ANTICIPATED, THAT MIGHT BE MOTIVATION FOR THEM FOR A SUCH BIDDER TO ANTICIPATE. [00:30:02] IF THERE ARE FOLKS OUT THERE WHO HAVE HEARD AND ARE AWARE OF PROPERTIES, LEGAL CAPABILITIES AS TO WHAT CAN BE DONE WITH IT, THE PROPERTY IS ZONED OPEN SPACE, PASSIVE RECREATIONAL USES IS WHAT CURRENT PURPOSES ARE THE EXTENT TO WHICH SOMEONE BELIEVES THAT THEY COULD DEVELOP IT WITH MULTIFAMILY HOUSING. CITY STAFF THROUGH DEVELOPMENT SERVICES HAVE ALL INDICATED, AGAIN, THROUGH MY WORK FROM THE CITY ATTORNEY'S OFFICE, HAVE ALL INDICATED FLORIDA LAW AND THE CITY'S CODE MULTIFAMILY USE IS NOT AVAILABLE FOR THIS PROPERTY. IN ORDER TO DO SO, THEY WOULD, A DEVELOPER WOULD HAVE TO ACTUALLY SHOW THE CITY WHERE OUR PROVIDING OPEN SPACE HERE, IN THIS CASE, IT'D BE TAKEN AWAY SPACE. THE CITY DOES HAVE LEGAL REQUIREMENTS FOR OPEN SPACE PROPERTIES AND ITS INVENTORIES. THIS PROPERTY IS ONE SUCH PROPERTY THAT IS AN INVENTORY PROPERTY FOR OPEN SPACE PURPOSES, UH, ON BEHALF OF, OF THE CITY. SO IF THERE'S SOMEONE OUT THERE WHO BELIEVE THAT THAT IS A POTENTIAL USE, THEY MIGHT BE INFLUENCED HERE. THE LAST POINT I'LL MAKE ON THIS IS BOTH THE CITY MANAGER AND ALEXANDER UNDERLINE THE POINT. UM, WE MAY NOT SPEND $1.5 MILLION IN THIS PROCESS. IT REALLY WILL DEPEND ON WHO SHOWS UP AND WE'LL, UM, MR. CALLAWAY ACTUALLY MADE THE POINT THAT I WAS GOING TO MAKE THAT THE MAXIMUM BID WE KNOW IS 9 6 5. AND KNOWING THAT WE CAN GO UP TO 1.5, I THINK THAT WE SHOULD PERHAPS BEGIN THE BID AT ONE MILL KNOWING THAT WE STILL HAVE THAT LEEWAY. BECAUSE IF NO ONE ELSE BIDS OR NO ONE ELSE WANTS TO INCREASE THEIR BID, WE WILL HAVE THOSE FUNDS THAT WILL BE AVAILABLE TO DO WHAT WE KNOW IS GOING TO NEED TO BE DONE FOR THE PROPERTY. SO I TRULY AM IN AGREEMENT WITH STARTING OUR BID AT 1 MILLION. UH, I I, I DON'T THINK I HAD SAID START AT ONE MIL. I I SAID THROUGH YOU MADAM MAYOR, I UNDERSTAND, UM, THAT, UH, YOU KNOW, TO END IT AT THAT, BUT IN IN CONSIDERATION I CAN MISUNDERSTAND. OKAY, IT'S OKAY. IN CONSIDERATION OF, UM, THE BID, I, I WOULDN'T, I RESCIND WHAT I SAID AND I WOULD GO FOR THE 1.5. UM, BUT I, I, I LIKE, WHAT IS IT, ASCENSION. SO I LIKE BIDDINGS, YOU KNOW, IF THE INCREMENTS OF A THOUSAND WE CAN GO UP. THAT'S HOW I SEE. I WOULDN'T START IT AT THAT ONE MILL. I WOULD DO THE INCREMENTS ACCORDINGLY TO GET SOME EXCITEMENT GOING. THAT THANK, UH, COMMISSIONER THOMAS, THAT ALSO STILL GIVES US THE LEEWAY THAT IF THEY ARE NOT ANY BITTER OR IF THERE IS NOT A HIGHER BID THAN CAN PURCHASE A PROPERTY AT OUR BID AND HAVE FUNDS REMAINING , I SOLICIT A MOTION TO MADAM MAYOR. OH, MADAM MANAGER, I APOLOGIZE. I JUST WANNA MAKE SURE THAT I SAY THIS FOR THE RECORD THAT THE CITY IS IN GOOD STANDINGS TO PROCEED WITH THIS PURCHASE AND WE HAVE EXTRA EARNINGS IN OUR, UM, INTEREST BEARING ACCOUNTS. I'M LOOKING AT BOBBY. SHE LOVES THAT BECAUSE SHE ANNOUNCES IT WHEN SHE GETS A CHANCE FOR US TO HAVE OUR ONE-ON-ONE. SO WE'RE EXCITED ABOUT THAT. SO WE DO HAVE SUFFICIENT FUNDINGS FUNDING AND OUR BUDGET TO MOVE FORWARD WITH THE PROCESS. THREE. YOU, MADAM MAYOR, ATTORNEY CALLAWAY. YES, MADAM MAYOR, MADAM MAYOR AND, AND COMMISSIONERS AGAIN IN THE RESOLUTION. UH, THE CITY, UH, DID DIRECT THE CITY MANAGER AND THE CITY ATTORNEY'S OFFICE TO DO SOME DUE DILIGENCE. PART OF THAT DILIGENCE, UH, AS PART OF THAT DILIGENCE, THE CITY MANAGER HAS OBTAINED APPRAISALS FOR THE PROPERTY. SO THE AMOUNTS THAT THE CITY IS REQUESTING RELATIVE TO THIS PARTICULAR RESOLUTION ARE SUPPORTED BY THE REAL ESTATE APPRAISALS THAT HAVE BEEN DONE ON, ON ON THOMAS. THANK YOU MADAM MAYOR. AND I KNOW WE HEARD FROM YOU AND WE WERE GONNA SOLICIT A MOTION, BUT OUT OF THE VO THE MOUTH OF, UM, MS. BOBBY, CAN WE HEAR THAT ALSO PLEASE? OF THE SUFFICIENT MADAM, MADAM MAYOR? ABSOLUTELY THROUGH YOU MADAM MAYOR. MS. BOBBY WOULD LOVE TO THANK YOU. . SHE TALKS MONEY, SO SHE, [00:35:02] SHE'LL SAY IT PROUDLY. THREE OF MADAM, MS. BOBBY. GOOD EVENING, MADAM MAYOR. MY MAD, UH, VICE MAYOR, COMMISSIONERS, UH, CITY ATTORNEY, CITY MANAGER AND CITY CLERK. AND OF COURSE OUR, OUR GUEST AND OUR AUDIENCE. I'M BOBBY WILLIAMS FOR THEIR RECORD, THE DIRECTOR OF FINANCIAL SERVICES. AND, UH, THE CITY HAS DONE VERY WELL FINANCIALLY. WE ARE IN A VERY POSITIVE FINANCIAL POSITION AS YOU KNOW, UH, DURING THE 2024 FISCAL YEAR, UH, THE CITY HAD, UH, ONE OF THE BEST YEARS WE'VE EVER HAD IN INTEREST EARNINGS. AS YOU KNOW, WE EARNED INTEREST OFF OF THE CASH THAT'S IN OUR BANK ACCOUNT. WE DID COLLECT, AND JUST ONE OF OUR ACCOUNTS, WE COLLECT OVER $1.8 MILLION IN INTEREST EARNINGS ALONE. UM, SO WE ARE VERY PLEASED TO, TO SHARE THAT INFORMATION WITH YOU. YOU'VE PROBABLY SEEN IT ON YOUR FINANCIAL REPORTS. MAYBE YOU MISSED IT BECAUSE THOSE ARE ONE OF THOSE THINGS THAT KIND OF GO UNNOTICED. UM, BUT YOU'LL CERTAINLY SEE IT IN YOUR, UM, IN THE FINANCIAL AUDIT THAT, THAT YOU'LL RECEIVE IN THE NEXT COUPLE OF MONTHS. UM, BUT THAT IS THE, UM, THE FUNDING SOURCE, UH, THAT WE ARE PLANNING TO USE TO PURCHASE THE PROPERTY. UH, SO CURRENTLY THAT 1.6 MILLION IF WE APPROVE TONIGHT IS CURRENTLY NOT APPROPRIATE. UM, SO WE'LL COME BACK TO YOU TO APPROPRIATE THOSE DOLLARS. SO IT'LL BE ADDED TO THE BUDGET, BUT WE DO HAVE THE CASH TO MAKE THE PURCHASE TOMORROW. THANK YOU MS. BOBBY, THAT'S VERY CON. THANK YOU. THANKS MAYOR. WELL, I'M GLAD TO KNOW THAT , UH, COLLEAGUES SOLICIT A MOTION. MADAM MAYOR, 5 0 2 7 4 APPROVAL. MAYOR COMMISSIONER HARRISON, I MOVE THAT WE APPROVE RESOLUTION 2 0 2 5 DASH 0 2 7. MAYOR EDWARDS PHILLIPS VICE MAYOR SWELL COMMISSIONER HARRISON FOUR, COMMISSIONER THOMAS FOUR MOTION PASSES. [5.  CONSIDERATION OF OTHER MATTERS BY UNANIMOUS CONSENT] FIVE CONSIDERATIONS MATTER BY UNANIMOUS CONSENT. THERE ARE NOT ANY. THANK YOU SO VERY MUCH. THANK YOU. * This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting.