1ST BUDGET HEARING FY 22-23

FINAL MINUTES

CITY OF DORAL

1ST BUDGET HEARING FY 22-23

TUESDAY, SEPTEMBER 6, 2022 06:00 P.M.

CITY HALL COUNCIL CHAMBERS

8401 N.W. 53rd TERRACE, 3rd FLOOR

DORAL, FL 33166

1)

Call to Order / Roll Call of Members (00:00:01)

Meeting was called to order at 6:00 p.m. All members were present. (00:00:02)

Mayor Juan Carlos Bermudez

Present

Vice Mayor Digna Cabral

Present

Councilman Pete Cabrera

Present

Councilwoman Claudia Mariaca

Present

Councilman Oscar Puig-Corve

Present

Also present were:

Hernan M. Organvidez, City Manager

Connie Diaz, City Clerk

Luis Figueredo, City Attorney

2)

Pledge of Allegiance (00:00:30)

3)

Agenda / Order of Business (00:00:44)

By consensus, Agenda / Order of Business was approved. (00:00:45)

4)

Public Comments (00:00:57)

There were no comments made during public comments. (00:00:58)

5)

Public Hearings (00:02:51)

A)

22-4847 A RESOLUTION OF THE MAYOR AND THE CITY COUNCIL OF THE CITY OF DORAL, FLORIDA, ESTABLISHING AND ADOPTING A TENTATIVE MILLAGE RATE AND LEVY OF AD VALOREM TAXES FOR FISCAL YEAR 2022-2023 IN THE AMOUNT OF 1.7166 MILLS, WHICH IS 0% HIGHER THAN THE ROLLED-BACK RATE, TO BALANCE THE GENERAL FUND FOR FISCAL YEAR 2022-2023; ESTABLISHING THE ROLLED BACK RATE TO BE 1.7166 MILLS; ESTABLISHING AND ADOPTING THE DEBT SERVICE MILLAGE RATE FOR FISCAL YEAR 2022-2023 IN THE AMOUNT OF .4810 MILLS FOR THE GENERAL OBLIGATION BONDS PARKS AND RECREATION PROJECTS, SERIES 2019 AND SERIES 2021; PROVIDING FOR IMPLEMENTATION; AND PROVIDING FOR AN EFFECTIVE DATE (00:03:41)

Legislation Text

Memo

Exhibit A - LTC No. 027-2022 Truth in Millage (TRIM)

Exhibit B - City of Doral Final 2021 Certification of Taxable Value

Special Council Meeting CITY OF DORAL Meeting Agenda - Final DORAL GOVERNMENT CENTER 8401 NW 53 TERRACE DORAL, FLORIDA 33166 Mayor Juan Carlos Bermudez Vice Mayor Digna Cabral Councilman Pete Cabrera Councilwoman Claudia Mariaca Councilman Oscar Puig-Corve Charter Officials Hernan M. Organvidez, City Manager Connie Diaz, City Clerk Luis Figueredo, City Attorney Council Chambers6:00 PMTuesday, September 6, 2022 1st Budget Hearing FY 22-23 1) Call to Order / Roll Call of Members 2) Pledge of Allegiance 3) Agenda / Order of Business 4) Public Comments 5) Public Hearings Page 1CITY OF DORAL

September 6, 2022Special Council Meeting Meeting Agenda - Final A) 22-4847 A RESOLUTION OF THE MAYOR AND THE CITY COUNCIL OF THE CITY OF DORAL, FLORIDA, ESTABLISHING AND ADOPTING A TENTATIVE MILLAGE RATE AND LEVY OF AD VALOREM TAXES FOR FISCAL YEAR 2022-2023 IN THE AMOUNT OF 1.7166 MILLS, WHICH IS 0% HIGHER THAN THE ROLLED-BACK RATE, TO BALANCE THE GENERAL FUND FOR FISCAL YEAR 2022-2023; ESTABLISHING THE ROLLED BACK RATE TO BE 1.7166 MILLS; ESTABLISHING AND ADOPTING THE DEBT SERVICE MILLAGE RATE FOR FISCAL YEAR 2022-2023 IN THE AMOUNT OF .4810 MILLS FOR THE GENERAL OBLIGATION BONDS PARKS AND RECREATION PROJECTS, SERIES 2019 AND SERIES 2021; PROVIDING FOR IMPLEMENTATION; AND PROVIDING FOR AN EFFECTIVE DATE Sponsors: Finance Memo Exhibit A - LTC No. 027-2022 Truth in Millage (TRIM) Exhibit B - City of Doral Final 2021 Certification of Taxable Value Exhibit C - Assessment Roll Estimate June 1st Exhibit D - Millage Rate Alternatives Res. No. 22-Adopting a Tentative Millage Rate FY 22-23 Attachments: Page 2CITY OF DORAL

September 6, 2022Special Council Meeting Meeting Agenda - Final First Reading B) 22-4848 Ordinance #2022-19 “Adopting the Budget for FY 22-23” AN ORDINANCE OF THE MAYOR AND THE CITY COUNCIL OF THE CITY OF DORAL, FLORIDA, FINALIZING AND ADOPTING THE BUDGETS FOR THE GENERAL FUND; THE TRANSPORTATION FUND; THE PEOPLE’S TRANSPORTATION PLAN FUND; THE PARK IMPACT FEE FUND; THE POLICE IMPACT FEE FUND; THE BUILDING TECHNOLOGY FUND; THE BUILDING FUND; THE PUBLIC ARTS PROGRAM FUND; THE AMERICAN RESCUE PLAN ACT FUND; THE DEBT SERVICE FUND; THE CAPITAL IMPROVEMENT FUND; THE INFRASTRUCTURE REPLACEMENT FUND; THE PARKS GENERAL OBLIGATION BOND - SERIES 2019 CAPITAL PROJECT FUND; THE VEHICLE REPLACEMENT FUND; THE PARKS GENERAL OBLIGATION BOND - SERIES 2021 CAPITAL PROJECT FUND; THE STORMWATER FUND; THE OTHER POST EMPLOYMENT BENEFITS FUND; THE PENSION FUND; AND ESTABLISHING THE PARKING FUND AND ITS APPLICABLE BUDGET OF THE CITY OF DORAL FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2022 AND ENDING SEPTEMBER 30, 2023, AS REVIEWED, MODIFIED AND APPROVED BY THE CITY COUNCIL AT THE MEETINGS HELD ON SEPTEMBER 6, 2022 AND SEPTEMBER 21, 2022; AUTHORIZING THE EXPENDITURE OF FUNDS APPROPRIATED IN THE BUDGET; AUTHORIZING THE LEVY AND COLLECTION OF TAXES ON REAL AND PERSONAL PROPERTY AND OTHER REVENUES NECESSARY TO MEET THE EXPENDITURES PROVIDED IN THE BUDGET; SPECIFYING THE METHOD BY WHICH GRANTS AND GIFTS ARE ADDRESSED IN THE BUDGET; PROVIDING FOR TRANSMITTAL BY THE CITY CLERK; PROVIDING FOR IMPLEMENTATION; PROVIDING FOR SEVERABILITY; PROVIDING FOR CONFLICTS; AND PROVIDING FOR AN EFFECTIVE DATE Sponsors: Finance Memo Exhibit A - Summary of Changes to FY 2023 Proposed Budget Exhibit B - FY 2023 Updated Proposed Budget Summaries Ord. No. 2022-19 Adopting the Budget for FY 22-23 Attachments: 6) Adjournment Page 3CITY OF DORAL

September 6, 2022Special Council Meeting Meeting Agenda - Final Notice to the Public Any person who acts as a lobbyist pursuant to City of Doral Resolution No. 2007-31 and Section 2-11.1(s) of the Miami-Dade County Conflict of Interest and Code of Ethics Ordinance, must register with the City Clerk prior to engaging in lobbying activities before city staff, boards, committees and/or the City Council. Pursuant to Florida Statute 286.0105, anyone wishing to appeal any decision made by the City Council with respect to any matter considered at this meeting or hearing shall need a record of the proceedings and, for such purpose, 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. Page 4CITY OF DORAL

>> OKAY LADIES AND GENTLEMEN WELCOME TO THE CITY OF DORAL SPECIAL COUNCIL MEETING WHICH IS OUR FIRST BUDGET HEARING FOR THE FISCAL YEAR 2022-23, MADAM CLERK IF YOU CAN QUICKLY CALL THE ROLL. >> PRESENT. >> PRESENT. >> PETE. >> PRESENT. >> VICE MAYOR. >> PRESENT. >> MAYOR/COMMISSIONER ELECT BERNUDEZ. >> MAYOR, YOU HAVE A QUORUM. >> THANK YOU. IF YOU CAN PLEASE FACE THE FLAG FOR THE "PLEDGE OF ALLEGIANCE". >> I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA AND TO THE REPUBLIC FOR WHICH IT STANDS, ONE NATION, UNDER GOD INDIVISIBLE WITH LIBERTY AND JUSTICE FOR ALL. >> OKAY, IS THERE ANYTHING ELSE ON THE AGENDA. >> NO SIR. >> WELCOME BACK, THIS IS OUR FIRST BUDGET HEARING. THE CLERK WILL READ THE INSTRUCTIONS AFTER WE HAVE THE PUBLIC COMMENTS YOU'LL BE ABLE TO SPEAK TONIGHT EITHER DURING THE GENERAL PUBLIC COMMENT PORTION OR YOU CAN SPEAK TO YOUR HEART CONTENT YOU SO CHOOSE TO SPEAK ABOUT. AND THEN YOU'LL BE ALSO BE ABLE TO SPEAK DURING ITEM A AND B, THE RESOLUTION AND FIRST HEARING. VERY SIMPLE RULES, IF YOU'RE GOING TO BE ON THE FLOOR ON SPEAKING TO A FRIEND STEP OUTSIDE. SOMETIMES IT'S HARD SPEAKING. SECOND, THERE IS A TV, IF YOU'RE A BASEBALL BUZZ. FINALLY, IF YOU WANT TO SPEAK TO AN ITEM, THE ADMINISTRATION, YOUR SPOUSE, THE SIGNIFICANT OTHER, EVEN FELLOW EMPLOYEES AND NOT THE BACK MAN IS GOING TO TAP YOU AND SAY PLEASE STEP OUTSIDE. LET THE RECORD REFLECT THAT NOBODY WANTED TO SPEAK ON PUBLIC COMMENT. MADAM CLERK. >> CLERK: WE'LL FIRST OPEN THE PROPOSAL MILLAGE RATE AND ALLOW THE ADMINISTRATION TO TABLE THE ITEM AND THEN WE'LL MOVE TO THE ORDINANCE AND DISCUSS THE BUDGET AND REACH CONSENSUS ON CONSENSUS AND THEN TABLE THE ORDINANCE. AND THEN WE'LL GO BACK TO THE RESOLUTION AND HAVE THE PUBLIC HEARING AND THEN VOTE ON THE RESOLUTION AND GO BACK TO THE ORDINANCE, REMOVE FROM THE TABLE, DISCUSS IT AND PUBLIC HEARING AND VOTE ON IT. THE THERE NEEDS TO BE A MOTION TO TABLE. >> YES. >> THE FIRST ITEM A, [READING ORDINANCE] PROVIDING FOR IMPLEMENTATION AND PROVIDING FOR AN AFFECTIVE DATE. >> OKAY, THE PUBLIC COMMENT FOR THIS ITEM, ITEM 22 IS OPEN, WOULD ANYBODY LIKE TO SPEAK AT THIS TIME? PLEASE COME ON UP AND GIVE US YOUR OPINION IN A SHORT AND CONCISE MANNER WITHIN A THREE-MINUTE PERIOD. OKAY, WE'VE TURNED THE GAVEL FIVE TIMES, LET THE RECORD REFLECT NOBODY HAS CHOSEN TO SPEAK AT THIS TIME. MR. MANAGER. >> GOOD EVENING, MR. MAYORS AND COUNCILMEMBERS, MADAM CLERK, MR. ATTORNEY. ON AUGUST 3, 2022 SPECIAL COUNCIL MEETING, THE PROPOSED OPERATING MILLAGE RATE WAS SET AT 1.8000 MILLS. WITH RECOMMENDATION TO ROLL BACK DATE TO 17166. THE ADMINISTRATION HAS WORKED DILIGENTLY TO PROVIDE COUNCIL WITH AN UPDATED FISCAL YEAR 2023 PROPOSED BUDGET ONE BASED ON MILLAGE RATE OF 1.7166. THE DEBT SERVICE IS AT POINT 1840. AT THIS TIME, THERE IS NO QUESTION FROM STAFF. THE ADMINISTRATION IS REQUESTING A MOTION TO TABLE THIS ITEM. >> MOTION. >> SECOND. >> MOTION TABLE, BY COUNCIL AND MADAM CLERK, DOES THE FINANCE DEPARTMENT HAVE TO SAY ANYTHING? >> THE ADMINISTRATION WILL MAKE A PRESENTATION NOW, IF YOU HAVE ONE. >> DO YOU WANT TO SAY ANYTHING. >> FOLLOWING INFORMATION, THE NAME OF THE TAXING AUTHORITY, CORRECT. THAT'S ALREADY BEEN ANNOUNCED WHICH IS THE CITY OF DORAL. THE ROLL BACK RATE, IS THAT CORRECT? WHICH HAS BEEN STATED BY THE MANAGER. THE PERCENTAGE INCREASE IN TAXES, NONE, CORRECT, 0, ZIPPO, NADA FOR THOSE WATCHING. AND MILLAGE TO BE LEVIED BY THE MANAGER AND ALSO IN THE RESOLUTION. >> CORRECT. >> ARE THERE ANY QUESTIONS OR CONCERNS IF THERE ARE NONE, THEN AT THE MADAM CLERK, GO AHEAD AND CALL THE ROLL TO TABLE THE MOTION. >> CLERK: MOTION TO TABLE AND SECONDED. >> YES. >> COUNCILMEMBER >> YES, VICE MAYOR. >> YES. >> MAYOR. >> YES. >> MOTION PASSES. >> NEXT ITEM. >> NEXT ITEM, ITEM B, FIRST ORDINANCE ADOPTED THE FISCAL FOR 2022-23 ADOPTING THE GENERAL FUND, TRANSPORTATION PEOPLE'S TRANSPORTATION FROM THE PARK IMPACT FEE FUND AND POLICE FUND BUILDING FUND PROGRAMS FUND RESCUE PLAN DEBT SERVICE PLAN CAPITOL IMPROVEMENT FUND, PARKS GENERAL OBLIGATION FUND, VEHICLE REPLACEMENT FUND, OBLIGATION FUNDS, THE STORM WATER FUND THE OTHER BENEFITS FUND AND PENSION FUND AND ESTABLISHING THE PENSION FUND. [READING ORDINANCE AT A FAST SPEED] >> OKAY, SHE PRACTICED THAT WITH UNDER WATER BREATHING. THE PUBLIC COMMENT PORTION FOR THIS. IS OPEN ANYBODY THAT WOULD LIKE TO MAKE ANY COMMENT ON THIS ITEM PLEASE COME ON UP AND STATE YOUR NAME AND ADDRESS FOR THE RECORD AND GIVE US YOUR OPINION IN A SUCCINCT AND CONCISE MANNER WITHIN A THREE-MINUTE TIME PERIOD. AND THE JEOPARDY MUSIC HAS BEEN PLAYED. LET THE RECORD REFLECT NOBODY HAS CHOSE TONE SPEAK. >> MOTION TO APPROVE. >> MOTION TO TABLE. >> MOTION TO TABLE AND SECOND BY COUNCILMEMBER CORE VID, DO YOU WANT TO ADD ANYTHING MR. MANAGER. >> YES, SIR. GOOD EVENING, MR. MAYOR, CITY COUNCIL. I'M PLEASE TODAY PRESENT THE CAPITAL BUDGET FOR FISCAL YEAR 2023 BEGINNING OCTOBER 1, 2022 AND ENDING SEPTEMBER 30th, 2023. GUIDED BY THE CONSISTENT WITH THE VISION, MISSION AND CORE VALUES AND GOALS AND OBJECTIVES OF THE CITY OF DORAL. THE OVERALL BUDGET PRIORITY ALSO REFLECTS ADMINISTRATION TO SOUND FISCAL, AND FINANCIAL OPERATIONS PRACTICES THAT REALIZE OUR GROWING COMMUNITY NEEDS THE EXPECTATION AND THE EXCEPTIONAL SERVICE. THE FISCAL YEAR 2023 UPDATED BUDGET AS PRESENTED HERE IS BASE ON A MILLAGE RATE OF 1.716661 MILLS. THIS PROPOSED BUDGET REMAINS BALANCED BUDGET. WITH THE USE OF RESERVES ONLY FOR CAPITOL OUTLAYS AND TRANSFERS OUT THE CAPITOL IMPROVEMENT FUNDS. THE PROPOSED, AS PROVIDES THE DEPARTMENTS WITH THE PERSONAL HEAD COUNT WITH PROVIDE SERVICES POTENTIAL AREAS OF ANNEXATION WHILE NOT FUNDING THESE POSITIONS UNTIL THE ANNEXATION IS FINALIZED. THE FISCAL YEAR PROPOSED BUDGET CONTAINS FUNDING FOR ON GOING SERVICES TO THE COMMUNITY. THE FOLLOWING ARE HIGHLIGHTS, 3% COLA FOR ALL EMPLOYEES, 3% MAYOR INCREASE FOR NON BARGAINING UNION EMPLOYEES. THE CITY EXPERIENCED INCREASE OF HEALTH INSURANCE RATES. A BENEFIT THE CITY FULLY OBSERVED THIS INCREASE. PROPOSED BUDGET INCLUDES COLLECTIVE BARGAINING AGREEMENT BETWEEN THE CITY AND SOUTH FLORIDA, FOR THE POLICE LIEUTENANTS, SASHLG R SERGEANTS AND OFFICERS. CONTINUED ROADWAY CONSTRUCTION, MILLING AND BEAUTIFICATION PROJECTS. CITY OF WIDE INTERSECTION IMPROVEMENT, STORM WATER IMPROVEMENT AND RESTORATION OF LANDSCAPE, ESCAPING ON MEDIAN BULL NOSES, TRAFFIC CIRCLES AND ENTRY MONUMENT CITY WIDE. CONTINUING, MAILING OF NEWSLETTERS TO ALL HOMES, STRENGTHEN COMMUNICATION CAMPAIGNS, EXPAND ADVERTISING AND MARKETING AND STRATEGIC PARTNERSHIP BRANDING AND BUSINESS ATTRACTION AND LOCAL REGIONAL AND NEW MARKETS. AS FOR THE CITY'S PAVEMENT REHABILITATION MASTER PLAN CONTINUES WITH ROAD RESURFACING AND DAMAGED SIDEWALKS. COMPUTER DEVICE UPGRADES TO OPTIMIZE AND IMPROVE EFFICIENCY. AND BEST PRACTICES TO REDUCE WASTE AND COSTS TO IMPROVE EFFICIENCIES AND QUALITY OF SERVICE, IMPROVE OUR SUFT SERVICE THROUGH TRAINING PROGRAMS. AS YOUR CITY MANAGER, I WOULD LIKE TO EXPRESS MY SINCERE APPRECIATION TO CITY COUNCIL AND SUPPORT THROUGHOUT THE DEVELOPMENT OF THIS PROPOSED BUDGET. AT THIS TIME I TURN THE PRESENTATION TO SOL ACTING CHIEF FINANCIAL OFFICER. >> TESTING. >> THERE YOU GO. >> DWAOD R GOOD EVENING, FISCAL YEAR PROPOSED BUDGET REMAINS A BALANCED BUDGET WITH A USE OF RESERVES ONLY FOR TRANSFER OUT CAPITOL IMPROVEMENT. THE BUDGET IS BALANCED WITH IN USE RESERVE IN THE AMOUNT OF 1,988,811. WHICH EQUALS THE TAP TOLL EXPENDITURE FOR FISCAL YEAR 2023. TOTAL GENERAL FUND PROPOSAL EXPEND EXPENDITURE FOR 2023 ARE 67 MILLION, 490, 550. ON AUGUST 9th, 2022, CITY COUNCIL CONDUCTED A PUBLIC WORKSHOP TO SCUTS PROPOSED BUDGET. THE RECOMMENDATION MADE AT THE WORKSHOP ARE INCLUDED IN THE PROPOSED BUDGET AND AS FOLLOWS. TO UPDATE THE PROPOSED BUDGET TO INCLUDE CURRENT YEAR MILLAGE ROLL BACK RATE OF 1.771 OF 6 MILLS. ADDITIONAL PROPOSED BUDGET WAS UPDATED FOR CHANGES IN REVENUE PROJECTIONS AS WELL AS EXPENDITURES DETAILED IN EXHIBIT A TO THE ITEM. AT THIS TIME, I WOULD LIKE TO SHARE WITH YOU HOW THESE BUDGET DOLLARS ARE BEING SPENT. IT? THANK YOU. 11 CENTS TO GOLD PARKS, 8 CENTS FOR PUBLIC WORKS. 2 CENTS FOR PLANNING AND ZONING, 2 CENTS FOR CODE COMPLIANCE AND COMBINED 31 CENTS FOR GENERAL GOVERNMENT THAT INCLUDES IS, CITY ATTORNEY AND MAYOR AND COUNCIL AND CITY MANAGER'S OFFICE AND HUMAN RESOURCES AND PUBLIC AFFAIRS. THANK YOU, AND I WELCOME ANY QUESTIONS THAT YOU MAY HAVE AT THIS TIME REGARDING THE BUDGET. >> OKAY, ARE THERE ANY QUESTIONS? >> I JUST HAVE ONE QUESTION AS FAR AS THE RESERVE, WHAT IS THE NUMBER AGAIN? I THINK YOU TOUCHED UPON IT. >> OUR PROJECTION FOR FISCAL YEAR-ENDING 2022-2023 IS 39,445,792. >> THAT IS PAST THE 15 PERCENT THAT IS RECOMMENDED, IS THAT CORRECT? >> YES, THE 15% REQUIRED RESERVE IS CALCULATED TO BE 10 MILLION, 123,000,583. >> SO WE'RE ABOVE THE REQUIRED AMOUNT. >> OKAY, THANK YOU. >> ARE THERE ANY QUESTIONS. >> I JUST WANT TO TAKE THE OPPORTUNITY TO THANK STAFF AND MANAGER I KNOW WE GAVE YOU A LITTLE BIT OF A LITTLE WORK TO DO BETWEEN THE WORKSHOP AND TODAY, MOSTLY GIVE A BREAK WITHOUT CUTTING DOWN ON PERSONNEL AND WITHOUT CUTTING DOWN ON SERVICES AND YOU MANAGED TO DO IT WITH FLYING COLORS. I WANT TO THANK YOU PERSONALLY AND I I THINK EVERYBODY IN THE CITY THANKS YOU, THIS IS ONE AMAZING ACCOMPLISHMENT. THANK YOU. >> OKAY, IF THERE ARE NO OTHER COMMENTS, THERE IS A MOTION TO TABLE THIS ITEM. >> MOTION TO TABLE. AND SECONDED. COUNCILMEMBER YES. >> YES. >> YES. >> YES. VICE MAYOR. >> YES. >> MAYOR. >> YES. >> MOTION PASSES. >> OKAY. >> CLERK: NOW I NEED A MOTION TO BRING BACK FROM THE TABLE MOTION 5 A. >> SECOND. >> MOTION BY COUNCILMEMBER MARIAKA SECOND BID VICE MAYOR. ALL IN FAVOR SAY AYE. >> AYE. >> BACK ON THE TABLE ARE THERE ANY QUESTIONS. >> MOTION TO APPROVE. >> SECOND. >> MOTION TO APPROVE BY COUNCILMEMBER CABRERA, IF THERE IS NO FURTHER DISCUSSION, CALL THE ROLL. >> MOTION TO APPROVE MADE BY COUNCILMEMBER CABRERA, SECONDED BY VICE MAYOR. >> YES. >> YES. >> YES. >> YES. >> MAYOR. >> YES. >> MOTION, PASSES. >> NOW WE NEED A MOTION TO. >> MOTION TO BRING BACK ITEM 5-B. >> OKAY, BY COUNCIL AND MARIAA. IS THERE A SECOND. >> SECOND. >> SECOND BY VICE MAYOR. >> ALL IN FAVOR SAY AYE. >> AYE. >> AYE. >> UNANIMOUS. >> MOVED AND SECONDED BY CA BRAWL THERE BEING NO FURTHER COMMENTS. CALL THE ROLL. >> MOTION TO APPROVE THE ORDINANCE, ON FIRST READING, COUNCILMEMBER YES. >> YES. >> YES. >> YES. >> YES. >> YES. >> YES. >> MOTION PASSES. >> OKAY, THAT CONCLUDES TODAY'S MEETING, WE'LL ENTERTAIN A MOTION TO ADJOURN.