A meeting of the Manatee County Port Authority will be held during a meeting of the Board of County Commissioners of Manatee County Tuesday, November 16, 2021, at 1:30 pm, or as soon as is practicable, in the Patricia M. Glass Commission Chambers on the first floor of the County Administrative Center at 1112 Manatee Avenue West, Bradenton, Florida

MANATEE COUNTY PORT AUTHORITY AGENDA

November 16, 2021 – 1:30 pm

The Manatee County Port Authority may take action on any matter during this meeting, including those items set forth within this agenda. The chairperson, at the option of the chairperson, may take business out of order if the chairperson determines that such a change in the agenda’s schedule will expedite the business of the Port Authority.

CALL TO ORDER

Public Comments

1. Consent Agenda

Executive Director Comments Public Comments Commissioner Comments

According to Section 286.0105, Florida Statutes, any person desiring to appeal any decision made by the Port Authority with respect to any matter considered at this meeting will need a record of the proceedings, and for such purpose may need to ensure that a verbatim record of the proceedings is made, which includes the testimony and evidence upon which the appeal is to be based.

Reggie Bellamy, Chairman

Misty Servia, 1st Vice-Chairman; James Satcher, 2nd Vice-Chairman; Carol Whitmore, 3rd Vice-Chairman; Vanessa Baugh, Member;

George Kruse, Member; Kevin Van Ostenbridge, Member

1. CONSENT AGENDA

A. Budget Resolution

RECOMMENDATION:

Move to approve the Consent Agenda incorporating the language as stated in the recommended motions on the cover sheets for the Consent Agenda items.

CONSENT

AGENDA ITEM 1.A: BUDGET RESOLUTION BACKGROUND:

This resolution amends the fiscal year 2021 budget for the following:

• On September 15, 2021, the Authority approved the Florida Department of Transportation (FDOT) Public Transportation Grant Agreement (PTGA) for a subaward of the Coronavirus State Fiscal Recovery Fund established under the American Rescue Plan Act of 2021 (ARPA) to respond to the negative economic impacts of the COVID-19 public health emergency. This budget amendment budgets $4,885,564 which is funded 100% by FDOT.

  
  

• Budgets $1,392,523 for the amortization of the Revenue Refunding Bonds, Series 2012 A/B in accordance with the Generally Accepted Accounting Principles relative to the Port Manatee Taxable Revenue Refunding Bonds, Series 2021, which refunded the 2012A and 2012B bonds. This is a non-cash item budget.

ATTACHMENT:

Budget Resolution PA-21-21.

COST AND FUNDING SOURCE:

Budgets $4,885,564 FDOT grant funding.

CONSEQUENCES IF DEFERRED:

Delay in budget allocations.

LEGAL COUNSEL REVIEW: N/A RECOMMENDATION:

Move to adopt Budget Resolution PA-21-21.

RESOLUTION PA-21-21 AMENDING THE ANNUAL BUDGET

FOR MANATEE COUNTY PORT AUTHORITY FOR FISCAL YEAR 2020-2021

WHEREAS, Florida Statutes 129.06, authorizes the Manatee County Port Authority to amend its budget for the current fiscal year as follows:

1. Appropriations for expenditures in any fund may be decreased and other appropriations in the same fund correspondingly increased, provided the total appropriations of the fund are not changed.

   
   

2. Appropriations from reserves may be made to increase the appropriation for any particular expense in the same fund, or to create an appropriation in the fund for any lawful purpose.

   
   

3. Unanticipated revenues, including increased receipts for enterprise or propriety funds, may be appropriated for their intended purpose, and may be transferred between funds to properly account for the unanticipated revenue.

NOW, THEREFORE, BE IT RESOLVED by the Manatee County Port Authority that the 2020-2021 budget is hereby amended in accordance with Section 129.06, Florida Statutes as described on the attached summary and specified in the budget adjustment batch files which are listed below:

ADOPTED with a quorum present and voting this the 16th day of November 2021.

ATTEST: ANGELINA M. COLONNESO MANATEE COUNTY PORT AUTHORITY

CLERK OF CIRCUIT COURT

By:                                                                                

BUDGET ADMENDMENT RESOLUTION NO. PA-21-21 AGENDA DATE: November 16, 2021

1) Fund: FDOT – 100% Section: Various

Description: Budgets $4,885,564 for the ARPA (American Rescue Plan Act of 2021) grant related to COVID-19 impacts.

Batch ID: BAAL111921A/B Reference: BU22000112

3) Fund: Port Debt Service Section: Debt Service

Description: Budgets $1,392,523 for amortization of the Revenue Refunding Bonds, Series 2012 A/B which were refunded with the Port Manatee Taxable Revenue Refunding Bonds Series 2021.

Batch ID: BAAL111921A Reference: BU22000111