CITY COMMISSION REGULAR MEETING

1. PRESENTATIONS 1.a Veterans Day Proclamation 2. CONSENT AGENDA 2.a Approve the Minutes for the: A. 9/17/2026 Special Meeting B. 9/17/2026 Regular Meeting 2.b Board and Committee Appointments 3. ACTION ITEMS 3.a Resolution 26-28 authorizing execution of revised Amendment No. 4 to the Loan Agreement with the Florida Department of Environmental Protection (FDEP) for the State Revolving Fund (SRF) Construction Loan Agreement WW5202C1, for various Wastewater Projects, to decrease that loan by $17,077,603 to $6,417,549, and subsequent execution of SRF Construction Loan Agreement WW5202C2, in NOTICE OF PUBLIC MEETING CITY COMMISSION REGULAR MEETING DUNEDIN CITY HALL, 737 LOUDEN AVE NOVEMBER 5, 2026 6:00 PM AGENDA CALL TO ORDER INVOCATION AND THE PLEDGE OF ALLEGIANCE Read/present Veterans Day proclamation to VFW Post 2550, American Legion Post 275, and Military Order of Purple Hearts EXHIBIT: A. Veterans Day and Veterans and Military Family Appreciation Month Proclamation 2026.pdf CITIZEN INPUT Staff recommends to approve the minutes for the meetings identified above. EXHIBIT: A. 09-17-26 SM Minutes.pdf EXHIBIT: B. 09-17-26 RM Minutes.pdf A. Board of Finance - Appoint Megan Rattigan to a partial regular term ending 10/1/2028 - Appoint Kevin Benjamin to a partial alternate term ending 10/1/2028 - Appoint Amanda Bowman to a partial alternate term ending 10/1/2028 EXHIBIT: A. Board of Finance Application Packet 1

an amount equal to $17,540,003. 3.b The City Manager's Annual Performance Evaluation 3.c The proposed agenda for the November 19, 2026, Commission Meeting 4. INFORMATIONAL ITEMS 4.a Commission Discussion and Comments 4.b City Clerk's Update 4.c City Manager's Update SUPPLEMENT: A. Marina and Weaver Park Pier Updates Motion to approve Resolution 26-28 authorizing execution of revised Amendment No. 4 to the Loan Agreement with the FDEP for the SRF Construction Loan Agreement WW5202C1, for various Wastewater Projects, to decrease that loan by $17,077,603 to $6,417,549, and subsequent execution of SRF Construction Loan Agreement WW5202C2, in an amount equal to $17,540,003. EXHIBIT: A. Resolution - SRF Amendment 4 to WW5202C1 and Authorizing WW5202C2(1012324.3).pdf EXHIBIT: B. Dunedin WW5202C1 Amendment 4 - decrease.pdf EXHIBIT: C. Dunedin WW5202C2 - WWTP Electrical.pdf EXHIBIT: D._Executed_COD_SRF_Construction_Loan_Agreement_WW5202C1.pdf EXHIBIT: E._SRF_FY23_Priority_List_Funding_Recommendations.pdf EXHIBIT: F._SRF_Loan_WW5202C1_Amendment_3_Original.pdf EXHIBIT: G._SRF_Loan_WW5202C1_Amendment_2.pdf EXHIBIT: H._Dunedin_WW5202C1_A1_- _1st_Amendment_to_the_SRF_Loan__Executed_.pdf Discuss City Manager Jennifer Bramley's Compiled Performance Evaluation as well as any new Commission requested goals and provide a final list to the City Manager; discuss any additional salary and/or benefit increase. It should be noted that a supplement with the compiled ratings from the entire Commission will be forthcoming. EXHIBIT: A. City Manager Annual Evaluation Form Rev 10-2026.pdf EXHIBIT: B. City Manager Annual Evaluation Notification Memo to Commission 10.12.26.pdf EXHIBIT: C. City Manager's FY26 Organizational Accomplishments.pdf EXHIBIT: SUPPLEMENT: D. 2026 City Manager Compiled Evaluation Form.pdf Staff recommends approving the proposed agenda for the November 19, 2026, Commission Meeting. EXHIBIT: A. PROPOSED November 19, 2026 Commission Meeting Agenda.pdf The Commission shares topics of concern, future issues they wish to address, events attended, announcements, and liaison updates. City Clerk's Update City Manager's Update EXHIBIT: SUPPLEMENT: A. Marina Update Presentation - 11-05-26 Supplement.pdf 2

4.d City Attorney's Update City Attorney's Update ADJOURN MEETING DUNEDIN PUBLIC PARTICIPATION & DECORUM RULES Note: Please put cell phones and pagers on silent or vibrate during the meeting. This meeting is televised; therefore, you may appear on TV at any time. Public Appearance: CITIZEN INPUT is for comments from members of the audience regarding items not listed on the agenda for this meeting (please give name and address and limit all comments to a maximum of three minutes). AS FOR ITEMS ON THE AGENDA individual speakers are limited to a maximum of three minutes. A representative of a group consisting of 5 individuals who are present during the meeting may speak on behalf of the group for up to 10 minutes at the Chair's discretion. To do so, the individuals must have waived their time to the representative by providing their name and address on the back of the comment card. Public Hearings: During public hearings the Chair will open the agenda item to the public for comment. If you wish to comment come to the microphone at the podium and give your name and address for the record. This meeting is for agenda items only. Other issues should be presented to the City Manager or City Clerk for discussion at a future Commission meeting. Appeals: Per section 286.0105 of the Florida Statutes - If a person decides to appeal any decision made by the board, agency, or commission with respect to any matter considered at such meeting or hearing, he or she will need a record of the proceedings, and that, for such purpose, he or she may need to ensure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based. Disability Provisions: It is the policy of the City of Dunedin not to discriminate against disabled persons in employment or the provisions of services. If you have a disability that requires accommodation, please notify the ADA Coordinator 48 hours prior to the scheduled meeting at (727) 298-3042. COPIES OF THIS AND ALL COMMISSION AGENDAS ARE AVAILABLE TO THE PUBLIC AT THE OFFICE OF THE CITY CLERK, 737 LOUDEN AVENUE, ON THE MONDAY PRIOR TO THE MEETING DATE. COPIES ARE ALSO AVAILABLE ON THE CITY’S WEBSITE AT WWW.DUNEDIN.GOV. 3

>> Mayor Freaney: GOOD EVENING, WELCOME TO THE NOVEMBER 5, 2026 CITY COMMISSION MEETING. WE WILL START WITH INVOCATION AND PLEDGE OF ALLEGIANCE. LET'S BEGIN THIS MEETING BY TAKING A BRIEF MOMENT OF SILENCE AND REFLECTION. [ MOMENT OF SILENCE ] [ PLEDGE OF ALLEGIANCE ] >> Mayor Freaney: BEFORE WE GO TO PRESENTATIONS, I WANTED TO MAKE A COUPLE COMMENTS. WE HAD AN ELECTION ON WEDNESDAY. AND WE HAVE A NEW COMMISSIONER ELECT NAN BENNETT, WHO HAPPENS TO BE HERE, EVEN THOUGH SHE'S NOT SWORN IN YET. WE WANT TO CONGRATULATE HER, AND DO A SHOUT OUT TO THE OTHER CANDIDATE. YOU PUT YOURSELF ALL OUT THERE, IT'S TOUGH AND HE RAN A GOOD ELECTION, AS WELL AS NAN, AND DUNEDIN MADE THEIR CHOICE, WE WANT TO THANK MARK FOR STANDING UP AS WELL. LET'S GIVE HIM A HAND AS WELL. AND OF COURSE, NOTHING ELSE INTERESTING HAPPENED TUESDAY NIGHT. AMENDMENT 3 DID PASS. I THINK 61% OVERALL IN THE STATE, AND ABOUT 57% IN PINELLAS COUNTY. AND VOTERS HAVE SPOKEN. WE RESPECT THAT. AS YOUR CITY LEADERS, ON BEHALF OF ALL OF US, WE HEAR IT, WE KNOW THE ECONOMY'S TOUGH, PEOPLE NEED RELIEF, THAT MESSAGE IS CLEAR. WE KNOW WE HAVE 4.7 MILLION IN 2028 TO CUT, WE'LL HAVE 7.6 OVERALL BY THE TIME WE HIT 2029, AND I JUST WANT TO ASSURE EVERY RESIDENT THAT YOU SEE IN FRONT OF YOU FIVE PEOPLE THAT LOVE THIS CITY DEEPLY. WE'RE GOING TO TAKE THOSE ACTIONS SERIOUSLY, AND AS I PROMISED BEFORE THE ELECTION, IF IT PASSED, WE'LL DO IF LIKE WE DO EVERYTHING IN THE COMMUNITY, WE'LL DO IT TOGETHER, WE'LL HAVE PLENTY OF INPUT TIME FOR PEOPLE TO DECIDE WHERE THE SERVICE CUTS WILL BE LESS PAINFUL. I WANT TO ASSURE EVERYONE OF THAT. WE'RE GETTING TO WORK RIGHT AWAY WITH THE DECEMBER 2nd SPECIAL MEETING. OF COURSE, DURING THE BUDGET SESSION, WE CUT A HALF MILLION DOLLARS, WE HAD ANOTHER MILLION DOLLARS OF EFFICIENCIES WE WERE PUTTING IN PLACE AS WELL, AS PART OF CONTINGENCY PLAN FOR NEXT YEAR TO GET AHEAD OF IT. THE ACTUAL HITS WON'T COME UNTIL AFTER THIS COMING ONE. WE'LL BE LOOKING AT A COUPLE MILLION TO GET STARTED. WE'LL START TO HAVE IT HAPPEN, AND THE COMMUNITY WILL BE A PART OF THOSE DECISIONS AS WE MOVE FORWARD. BUT AGAIN, AND WE WILL MOVE FORWARD. BECAUSE WE HAVE A GREAT COMMUNITY. OKAY. SO I AM GOING TO -- AS WE ARE, WE ARE A VETERAN CITY, WE LOVE OUR VETS. WE'RE GOING TO CALL THE VETERANS UP HERE IF THEY WOULD, I'M GOING TO TURN THIS OVER TO VICE MAYOR WALKER. >> THANK YOU, MAYOR. >> Mayor Freaney: I ALMOST WORE MY PURPLE HEART FLAG PIN THAT YOU GAVE ME, FATHER BOB, BUT I WASN'T SURE IF YOU WOULD BE HERE. I SHOULD HAVE. IT'S ALL YOURS, VICE MAYOR. >> I'M EXTREMELY PROUD TO BE DOING THE VETERAN'S DAY PROCLAMATION, AND EVEN MORE PROUD TO BE PART OF THIS GREAT GROUP THAT STANDS IN FRONT OF US. VETERAN'S DAY AND VETERAN'S AND MILITARY FAMILY APPRECIATION MONTH 2026. WHEREAS PRESIDENT WOODROW WILSON PROCLAIMED NOVEMBER 11th, 1919 AS THE FIRST COMMEMORATION OF ARMISTICE DAY, AND 107 YEARS LATER, OUR NATION CONTINUES TO HONOR OUR FALLEN HEROES AND COMMEMORATE THEIR SELFLESS SACRIFICES AND HONOR OUR VETERANS WHO HAVE COURAGEOUSLY DEFEND OUR COUNTRY. WHILES TENS OF MILLIONS OF AMERICANS HAVE SERVED IN THE UNITED STATES ARMED FORCES DURING THE PAST CENTURY, WE'RE REMINDED THAT THE DEFENSE OF FREEDOM COMES WITH GREAT LOSS AND SACRIFICE. AND WHEREAS VETERAN'S COURAGE, DEDICATION TO DUTY AND LOVE OF COUNTRY HAVE MADE IT POSSIBLE FOR AMERICANS TO LIVE IN FREEDOM. ON THIS VETERAN'S DAY, WE REMEMBER WITH THE HIGHEST REGARD, THE BRAVERY OF A GENERATION OF AMERICANS WHO FOUGHT WITH HONOR, AND WE SALUTE THE MEN AND WOMEN WHO PUT THEIR LIVES IN DANGER TO ANSWER THE CALL OF DUTY. WHEREAS AS WE GIVE THANKS TO THOSE WHO HAVE SERVED, FREEDOM'S CAUSE AND SALUTE THE MEMBERS OF OUR ARMED FORCES, WE HONOR THE MEN AND WOMEN DEFENDING OUR NATION TODAY. THEREFORE, I, ROBERT JAMES WALKER, BY VIRTUE OF THE AUTHORITY VESTED IN ME, BY THE MAYOR OF THE GREAT CITY OF DUNEDIN, FLORIDA, AND ON BEHALF OF THE ENTIRE CITY COMMISSION, DO HERE BY PROCLAIM WEDNESDAY NOVEMBER 11, 2026 AS VETERAN'S DAY IN DUNEDIN, AND THE MONTH OF NOVEMBER IS VETERANS AND MILITARY FAMILY APPRECIATION MONTH, AND ENCOURAGE EVERYONE TO JOINING US AT PIONEER PARK FOR VET VETERAN'S DAY CEREMONY AT 11:00 A.M. ON WEDNESDAY NOVEMBER 11th, TO RECOGNIZE THE TRADITION OF FREEDOM THEY FOUGHT TO PRESERVE. [ APPLAUSE ] >> Mayor Freaney: WHOEVER THE CHOSEN ONE IS. >> AS ALWAYS, WE THANK THE CITY OF DUNEDIN AND OUR CITY COMMISSION FOR YOUR AMAZING SUPPORT OF OUR VETERAN'S COMMUNITY. AND ANY OF THE ACTIVITIES THE VETERAN'S COMMUNITY PUTS ON. THIS IS A SPECIAL YEAR, WE'RE AT THE END OF OUR 250th BIRTHDAY, AND WE'RE PARTICULARLY PROUD OF THIS VETERAN'S DAY CEREMONY COMING UP. WE'RE KICKING IT UP A NOTCH. THERE'S GOING TO BE A LOT OF MUSIC, DOING A RIFLE DRILL PRESENTATION FOR US. WE HAVE THE DUNEDIN INTERNATIONAL CORAL DOING SOME SINGING FOR US, AS WELL AS THE HEAVY WALLEYES DOING BOOGY BUGEL BOY. WHAT STARTED IT IS A LAST MINUTE DECISION SEVERAL YEARS AGO, TO PUT TOGETHER A VETERAN'S DAY CEREMONY. IT HAPPENED AT EDGEWATER PARK. OUR FIRST VETERAN'S DAY CEREMONY. WHEN WE FINALLY DECIDED TO DO IT, IT FELL ON THE SATURDAY OF WINE THE BLUES, WE COULDN'T DO IT AT PIONEER PARK, WE HAD TO DO IT AT EDGEWATER. WE FILLED THE PARK, AND IT'S ONLY GOTTEN BIGGER AND BIGGER EVERY YEAR, THANKS TO OBVIOUSLY THE DEPARTMENT OF PARKS AND RECREATION AND YOUR SUPPORT AND EVERYONE ELSE. THANK YOU SO MUCH, JUST TO LET YOU KNOW WHO'S REPRESENTED HERE, VFW POST 2550, MILITARY ORDER OF PURPLE HEART. AM I MISSING AND VARIOUS VETERANS. WE ENCOURAGE EVERYONE TO COME, COME EARLY, WE HAVE SOLE FISH THAT WILL BE PLAYING AN HOUR BEFORE, AND TWO HOURS AFTERWARDS. IF YOU DON'T HAVE ANYTHING TO DO AFTER THE CEREMONY, BRING YOUR BEACH CHAIR, COME AND ENJOY. JODI PROCELLO FROM WILD IRIS WILL HAVE COFFEE AND MUFFINS AVAILABLE IF YOU SHOW UP EARLY. THANK YOU FOR YOUR SUPPORT, THANK YOU FOR EVERYTHING YOU DO FOR THE VETERAN'S COMMUNITIES. >> Mayor Freaney: I WANT TO SAY, IF ANYONE HASN'T BEEN IN THE VETERAN'S CEREMONY IN THE LAST FEW YEARS, YOU NEED TO DO IT. IT'S MEANINGFUL, BUT IT'S FUN TOO. IT'S VERY MEANINGFUL. AND YOU DO A GREAT JOB. I WAS THINKING MAYBE JENNIFER AND I COULD GET UP THERE AND DO BOOGY WOOGIE BUGEL. MAYBE NOT. WE ALSO HAVE GEORGE WASHINGTON IN THE AUDIENCE TOO, WHO WANTED TO BE HERE FOR THIS. >> NOVEMBER IS MILITARY MEMBERS AND FAMILY MONTH. IT IS IMPORTANT THAT WE KEEP THE FAMILIES OF ALL OF OUR VETERANS IN OUR HEARTS AND MINDS, ESPECIALLY DURING VETERAN'S DAY. >> Mayor Freaney: FRANK, DID YOU HAVE SOMETHING TO ADD? >> HE JUST SAID IT. >> Mayor Freaney: THANK YOU ALL FOR WHAT YOU DO. I'M GLAD THE OTHER VETS CAME UP HERE. THANKS FOR WHAT YOU DO. WE'LL SEE YOU ON THE 11th. WE HAVE TO GET A PICTURE TOO. >> Mayor Freaney: IS THERE A SECOND COPY ANYWHERE? SHE'LL GET US AN EXTRA ONE. >> MAYOR, IF I MAY, I WANT TO ACKNOWLEDGE THAT WAS MY LAST PICTURE. AND I COULDN'T BE MORE PROUD TO HAVE MY LAST PICTURE BE TAKEN WITH THE VETERANS >> Mayor Freaney: THAT'S AWESOME. >> I'M HONORED BY THAT. >> Mayor Freaney: WE'RE GOING TO GO TO CITIZENS INPUT. IS THERE ANYONE WHO WANTS TO SPEAK ON ANYTHING NOT ON THE AGENDA. I GUESS THIS IS WHAT MR. WASHINGTON IS HERE FOR. >> STEVE BAIDDY, MR. WASHINGTON. I WAS SMILING ON TUESDAY, NO MATTER WHICH SIDE OF ANYTHING YOU'RE ON, WHAT EXCITING TIMES THAT DEMOCRACY WORKED, WHAT I FOUGHT FOR. MY FAVORITE COLONY, YOU KNOW, JOHN HANCOCK HERE RUNNING EVERYTHING, BUT YOU GUYS GOT THROWN A CURVEBALL WHEN THE CONTINENTAL CONGRESS PASSED THIS AMENDMENT 3, AND THEN WE THE PEOPLE PASSED IT AGAIN. YOU CAN SERVE JUST LIKE THE ORIGINAL PATRIOTS. ONLY 40% OF THE PATRIOTS WERE PATRIOTS IN AMERICA, AND THE REST WERE UNDECIDED OR BRITISH LOYALISTS. AND THINGS WEREN'T EASY BACK THEN EITHER. I HAVE SO MUCH CONFIDENCE THAT WHAT THIS -- YOU'RE GOING TO LOOK BACK AT THIS IN 10 YEARS AND SAY, THAT WAS THE MOST EXCITING TIME HAVING TO DEAL W WITH THAT AMENDMENT 3 PASSING. I WOULD LOVE TO BE UP THERE RIGHT NOW, YOU GET TO BE LIKE THE ORIGINAL, WHEN THEY STARTED WITH ZERO DOLLARS, WORKING HARD, AND YOU GET TO REFORMULATE AND DO, WHAT MAKES YOU SO FAR YOU'RE MY FAVORITE COLONY AND FAVORITE REGIMENT. WE HAVE SAFETY HARBOR, ALL RIGHT. CLEARWATER REGIMENT. THIS REGIMENT, I KNOW ALL OF YOU ARE UP TO IT. WHEN I GET IN SITUATIONS LIKE THIS I FEEL IT RUNNING IN MY BLOOD. IT'S LIKE, WOW! THRIVING ON THIS, I ALWAYS TELL PEOPLE, I'M THE WRONG PERSON, IF YOUR COMPANY'S IN GOOD SHAPE, YOU DON'T WANT ME IN THERE DAY TO DAY. IF IT'S NOT, I THRIVE ON MAKING IT BETTER. I AM EXCITED WE HAVE ALL OF YOU LEADERS HERE, AND OUR STAFF AT THE CITY, TO MAKE THE MOST OF THIS, AND BE BETTER. WE COULD COME OUT AHEAD OF THESE OTHER CITIES AND BE SHOWN THE WAY, COME OUT AHEAD TO WHERE WE'RE PROVIDING MORE SERVICES FOR AS MANY DOLLARS AS WE CAN, WITHIN THIS, WITHIN THE MOST CREATIVE WAYS, PRIVATE, CORPORATE INVOLVEMENT, USING DIFFERENT WAYS, SO I WAS WATCHING, I SAY, LONG LIVE AMERICA, AND LONG LIVE DUNEDIN >> Mayor Freaney: THANK YOU, GEORGE, WILL YOU BE TAKING A BOAT FROM THE MARINA BACK TO CAMP? ANYONE ELSE WISH TO COME FORWARD AND SPEAK ON AN ITEM NOT ON THE AGENDA? >> GOOD EVENING, DAVID BALLARD GEDDES, JR., I LIVE ON GEORGIA AVENUE IN PALM HARBOR. LAST MONTH THERE WAS QUITE A CONGRESS CONTROVERSY IN THE CITY OF TARPON SPRINGS, REGARDING A REZONING LAND USE CHANGE. THIS DISPUTE REVOLVED AROUND A MOSQUE WANTING TO EXPAND ITS FOOTPRINT ON AN ADJACENT PARCEL OF PROPERTY. WHICH BECAME A HUGE PROBLEM WITHIN THE LOCAL COMMUNITY AS THIS LAND USE CHANGE WAS NOT CLEARLY IDENTIFIED, AND PROPER NOTIFICATION WAS NOT GIVEN IN ITS PROCESS OF EXPANSION. ELEVATING THE ARGUMENT SOMEONE APPEARING TO BE A MUSLIM DRESSED IN A BERKA STOOD BEFORE THE COUNTY COMMISSION PLAYING MUSLIM PRAYER MUSIC FOR ABOUT TWO MINUTES BEFORE BEING ESCORTED OUT OF THE ESTABLISHMENT, SOME OF THE RESIDENTS IN ATTENDANCE WERE QUITE VOCAL IN THEIR OPPOSITION TO SOMEONE PLAYING MUSLIM PRAYER MUSIC WEARING A BURKA. SEVERAL FACTIONS WERE YELLING GET OUT OF HERE. IT'S NOT THAT I AGREE OR DISAGREE WITH RELIGIOUS FREEDOMS OR THE FREEDOM TO SPEAK. IF THE MUSLIMS ARE NOT ALLOWED TO EXPAND THEIR FOOTPRINT USING CLANDESTINE FASHIONS OR SHADY MEANS OF NOT CLEARLY IDENTIFYING THEMSELVES OR NOT PROPERLY DEFINING THEIR INTENTIONS, THEN RELIGIONS OF ANOTHER NATURE MUST ALSO EQUALLY AND FULLY AND CLEARLY DISCLOSE THEIR EXPANSIONIST PURSUITS AND THEIR INTENTIONS AS WELL, WHICH BRINGS US TO THE RECLAIMED WATER VARIANCE APPLICATION. WHICH CLEARLY STATES THAT I, THE APPLICANT LITERALLY OWES MY HEALTH, SAFETY AND RELIGION. I DON'T OWE ANYBODY MY RELIGION, ESPECIALLY WHEN IT COMES TO WATER. I'M A CHRISTIAN, I CAN PRETTY MUCH TELL YOU THAT THE MUSLIMS ARE NOT BEHIND THIS RECLAIMED WATER VARIANCE APPLICATION, WHICH IS CLAIMING EMINANT DOMAIN OF MY PERSONAL AND REAL PROPERTY. I FIND PARTICULAR INTEREST BASED ON STATUTE 218.415 SECTION 16F, AND STATUTE 2.01 IS SOON TO BE A HUGE PROBLEM REGARDING INSURRECTIONISTS AND REBELLIOUS POLICIES, BASED IN THE 14th AMENDMENT, AS REFLECTED IN CHAPTER 163 OF THE FLORIDA STATE STATUTES. THANK YOU. >> Mayor Freaney: THANK YOU, DAVID. >> WHAT'S GOOD FOR THE GOOGSSE GOOD FOR THE GANDER, I'M JUST SAYING. >> Mayor Freaney: THANK YOU. ANYONE ELSE WISH TO COME FORWARD AND SPEAK ON AN ITEM NOT ON THE AGENDA? SEEING NO ONE. WE WILL GO TO THE CONSENT AGENDA. APPROVAL OF THE MINUTES OF THE 9/17 SPECIAL MEETING. 9/172026 REGULAR MEETING. AND 2B IS BOARD AND COMMITTEE APPOINTMENTS, WE HAVE THREE NEW PEOPLE FOR BOARD OF FINANCE. I DON'T SEE THE THIRD ONE HERE. THAT'S EXCITING. AND DOES ANYONE WISH TO PULL ANY OF THOSE? CAN I HAVE A MOTION? >> SO MOVED. >> SECOND. >> Mayor Freaney: ANYONE IN THE AUDIENCE WISH TO SPEAK ON ANY OF THOSE ISSUES IN THE CONSENT AGENDA? SEEING NO ONE, I'LL CLOSE PUBLIC INPUT. ALL IN FAVOR? >> AYE. >> Mayor Freaney: ANY OPPOSED? MOTION PASSES UNANIMOUSLY, CONGRATULATIONS. IT'S A VERY IMPORTANT BOARD, ESPECIALLY NOW. SO THERE YOU GO. WE'RE GOING TO GO TO ACTION ITEMS. THE FIRST IS RESOLUTION 26-28 AUTHORIZING EXECUTION OF REVISED AMENDMENT NO. 4 TO THE LOAN AGREEMENT WITH THE FLORIDA DEPARTMENT OF ENVIRONMENTAL PROTECTION, FOR THE STATE REVOLVING FUND, CONSTRUCTION LOAN AGREEMENT FOR VARIOUS WASTEWATER PROJECTS, TO DECREASE THAT LOAN BY $17,077,603 TO $6,417,549. AND SUBSEQUENT EXECUTION OF THE SRF CONSTRUCTION LOAN AGREEMENT IN AN AMOUNT EQUAL TO 17, $17,540,003. JEN, CAN YOU READ THE RESOLUTION. >> A RESOLUTION OF THE CITY OF DUNEDIN FLORIDA RELATING TO THE STATE REVOLVING FUND PROGRAM, MAKING FINDINGS, RESOLUTION 21-25, APPROVING THE FORM AND AUTHORIZING EXECUTION OF THE 4th AMENDMENT TO THE LOAN AGREEMENT, WW-5202C1 APPROVING THE FORM AND AUTHORIZING EXECUTION OF THE LOAN AGREEMENT C2, ESTABLISHING PLEDGED REVENUES TO DESIGNATING AUTHORIZED REPRESENTATIVES, PROVIDING ASSURANCES, CONFLICT, SEVERABILITY AND EFFECTIVE DATE. THAT WAS RESOLUTION 26-28 READ BY TITLE ON. >> Mayor Freaney: OKAY, COULD I GET A MOTION? >> SO MOVED. >> SECOND. >> Mayor Freaney: STAFF PRESENTATION, I THINK CLAY? >> YES. CLAYTON WATKINS, UTILITIES AND ENGINEERING, WITH ME TODAY IS ALSO JEAN HOCK WATER TO HELP ANSWER ANY QUESTIONS. 3A IS RESOLUTION 26-28 AUTHORIZING EXECUTION OF THE REVISION AMENDMENT NO. 4 OF THE STATE REVOLVING FUND, SRF CONSTRUCTION LOANING AGREEMENT WITH THE FLORIDA DEPARTMENT OF ENGINEERING -- EXCUSE ME, ENVIRONMENTAL PROTECTION, FOR VARIOUS WASTEWATER PROJECTS. THIS AMENDMENT SPLITS THE AGREEMENT INTO TWO SEPARATE LOAN AGREEMENTS, REDUCING THE ORIGINAL AMOUNT TO $6 MILLION, AND CREATING A NEW AGREEMENT $17,540,003. THAT NUMBER ALSO INCLUDES THE CAPITALIZED INTEREST THAT IS PART OF THE AGREEMENT, FROM THE ORIGINAL LOAN THAT IS $17 MILLION. IT WAS A CITYWIDE LIFT STATION, ELECTRICAL, AND SKATE IMPROVEMENTS AT THE WASTEWATER TREATMENT PLANT, AND ALSO THE WAEFRT WATER -- EXCUSE ME, THE WASTEWATER TREATMENT PLANT ELECTRICAL UPGRADES. AS THE FIRST THREE PROJECTS ARE COMPLETED OR VARYING IN END. AS WE CAME TO THE YEARLY TIME TO RENEW THE AGREEMENT WITH FDEP, THEY REALIZED THAT THEY HAVE THREE PROJECTS THAT ARE DONE, AND WE CAN START TO ACTUALLY FINALIZE AND FINISH THE REIMBURSEMENT, AND ALSO START MAKING OUR PAY BACK. THAT'S WHERE THE REASON THEY SPLIT OUT THE ELECTRICAL PROJECT WITH THE WASTEWATER TREATMENT PLANT, THAT'S ANOTHER 2, 2.5 YEARS LEFT. AS WE WENT THROUGH THIS AGREEMENT, THEY LEFT THE ORIGINAL LOAN AT 0%, AND THE NEW INTEREST RATE FOR THE NEW LOAN IS AT 2.6%. WE DID HAVE JEAN IN FINANCE TAKE A LOOK. CURRENT RATES FOR A 20 YEAR LOAN IS AT 4.78%. WE'RE GETTING A DECENT RATE ON THAT NUMBER. THAT'S IT. SO AS SUCH, STAFF HERE BY RECOMMENDS RESOLUTION OF 26-28, AUTHORIZING THE EXECUTION OF THE RESOLUTION OF AMENDMENT 4. CONSTRUCTION LOAN AGREEMENT WITH FLORIDA DEPARTMENT OF ENVIRONMENTAL PROTECTION, AND WE'RE HERE TO ANSWER ANY QUESTIONS. >> Mayor Freaney: OKAY, QUESTIONS, I'LL START WITH COMMISSIONER GOW? >> NO QUESTIONS, MAYOR. >> Mayor Freaney: COMMISSIONER DUGARD? >> NO QUESTIONS, MAYOR. >> Mayor Freaney: VICE MAYOR? >> JUST A COUPLE CLARIFYING QUESTIONS, REALLY FOR THE PURPOSE OF COMMUNITY EDUCATION. SO THE STATE REVOLVING FUND, THAT'S REALLY ANALOGOUS TO THE PRIVATE SECTOR, WHERE IT'S A REVOLVING LINE OF CREDIT THAT ALLOWS US TO DO LARGE INFRASTRUCTURE? >> CORRECT. IT'S SORT OF SOMEWHAT LIKE A LINE OF CREDIT, BUT WE DON'T START PAYING -- OR ACCRUING INTEREST UNTIL WE RECEIVE THE MONEY, WE PAY OUR CONTRACTOR, THEN WE SUBMIT REIMBURSEMENTS, AFTER THE FIRST REIMBURSEMENT, THAT'S WHEN WE WILL START INCURRING, 6.4 IS AT A ZERO%. >> THAT'S MY SECOND QUESTION, IT'S EXTREMELY LOW INTEREST RATE ON THIS REVOLVING LINE OF CREDIT. >> YES. AS YOU NOTED, IT'S A REVOLVING LOAN, THAT'S WHY THEY WANTED TO SPLIT IT OUT, SO WE COULD GET THAT 6.5 BACK INTO THE CYCLE AND IT COULD BE LOANED ON LATER ON. >> THE AMOUNT WENT DOWN. DOES THAT IMPACT FURTHER WITHDRAWALS FROM THAT SRF? >> NO, THE AMOUNT WENT DOWN, BASICALLY, IT'S THE COST THAT IS THE WASTEWATER TREATMENT PLANT ELECTRICAL PROJECT, SO WE CREATED ANOTHER AMENDMENT. THAT'S THE SECOND AGREEMENT. >> GREAT. GOOD PRESENTATION, THANK YOU. >> Mayor Freaney: OKAY, COMMISSIONER SANDBERGEN? >> IS THIS LOAN COLLATERALIZED BY FUTURE BILLINGS? IS THIS LOAN COLLATERALIZED? >> I DON'T THINK IT IS, NOT TO MY KNOWLEDGE. >> YEAH -- >> BECAUSE WE ARE A CITY. >> I THINK IT IS COLLATERALIZED, IT'S BASED ON, THE WASTEWATER FUND IS RESPONSIBLE FOR PAYING IT, AND -- >> THE OTHER THING I DID -- I'M NOT SURE IF IT GOES WITH THIS, EVERYTHING'S CHANGING SO MUCH, ARE WE FEELING GOOD ABOUT OUR SECURITY AT OUR FACILITIES, CYBER SECURITY, ANY TYPE OF -- >> YES. ALL OF OUR WATER AND WASTEWATER TREATMENT, WE'RE ON AN INTERNAL SYSTEM, NOTHING THAT OPERATES THE PLANTS GOES OUT INTO THE INTERNET. >> OKAY. >> THAT'S WHY WE HAVE IT -- ALL OF THEM ARE MANNED WITH AT LEAST THE 2 PEOPLE, 24 HOURS A DAY. >> THAT'S ALL I HAD, MAYOR. >> Mayor Freaney: I DON'T HAVE ANY QUESTIONS. LET ME OPEN IT FOR PUBLIC INPUT. ANYONE IN THE AUDIENCE WISH TO COME FORWARD AND SPEAK TO THIS ISSUE? THIS IS ALL GOOD, WE'RE GETTING LOW INTEREST, SO IT'S ALL GOOD. I'LL CLOSE PUBLIC INPUT. I'LL GO TO COMMISSION COMMENTS, THE MAKER OF THE MOTION, VICE MAYOR? >> NO ADDITIONAL COMMENTS, THANK YOU. >> Mayor Freaney: SECONDER OF THE MOTION? COMMISSIONER DUGARD? >> NO COMMENTS. >> Mayor Freaney: COMMISSIONER GOW? >> NO COMMENTS. >> COMMISSIONER SANDBERGEN. >> NOTHING TO ADD.