MINUTES OF MEETING BEACON TRADEPORT
COMMUNITY DEVELOPMENT DISTRICT

The regular meeting of the Board of Supervisors of the Beacon Tradeport Community Development District was held on January 27, 2022 at 10:00 a.m. at the Dolphin Mall Management Office, 11401 NW 12th Street, Miami, Florida.

Present and constituting a quorum were:

Pete Marrero	Chairman
Phil Procacci	Vice Chairman
Madelyn Bello	Assistant Secretary
Al Lara	Assistant Secretary
Brett Houston	Assistant Secretary Also present were:
Luis Hernandez	District Manager
Michael Pawelczyk	District Counsel
Juan Alvarez	District Engineer
Angel Camacho	Alvarez Engineers (by phone)
Peter Van Rens	Kimley-Horn and Associates (by phone)
Adam Kerr	Kimley-Horn and Associates (by phone)

FIRST ORDER OF BUSINESS	Roll Call
Mr. Hernandez called the meeting to order and called the roll.

SECOND ORDER OF BUSINESS	Audience Comments
Mr. Hernandez: Moving on to Audience Comments, does anyone have anything to discuss that isn’t already on the agenda? Hearing none, we can move on.

THIRD ORDER OF BUSINESS	Approval of the Minutes of the
November 4, 2021 Meeting
Mr. Hernandez: Moving on to Item #3 on the agenda, which is Approval of the Minutes of the November 4, 2021 Meeting. This would be the time for Supervisors to make any comments, additions, or deletions. If there are none, a motion to approve the minutes as-presented would be in order at this time.

On MOTION by Mr. Lara seconded by Mr. Procacci with all in favor the Minutes of the November 4, 2021 Meeting were approved as-presented.

FOURTH ORDER OF BUSINESS	Consideration of Request from
IKEA
A.	IKEA Expansion Civil Plan Set
B.	Architectural Elevations
C.	Drainage Statement
D.	Traffic Study
E.	Landscaping Plans
F.	Copy of Previous CDD Confirmation Letter (for reference only)
Mr. Hernandez: Item #4 is Consideration of Request from IKEA. I think that the best way for us to present that is for Juan to start describing to the Supervisors the different areas that are listed here. As for the people who are here from IKEA, if you have anything to say, you can just give me an indication that you would like to make a statement and we will allow you time to do so.
Mr. Alvarez: Thank you, Luis. As you can see, there is a lot of information from IKEA in your agenda package, but I think I can give you a summary and the IKEA engineer is also here. I have had several conversations with him about this project and I invited him to join the meeting so he is probably listening to what I say, and he may want to expand on some of it. I think most of you will remember since most of you were on the Board in 2013, when IKEA was constructed, and they came to the CDD because they wanted assistance from the CDD with connection to the drainage, as well as for the traffic. The CDD gave them a letter stating it was in agreement with the project. So, now the store wants to expand 85,000 square feet. The original existing store had about 416,000 square feet. This is going to be done in two stories, so the coverage is going to be about half of that. The project is going to affect the CDD in a few ways. One, the drainage is going to have to be reconfigured onsite. If you remember the CDD purchased the drainage for IKEA and also additions. That will have to be reconfigured and there will need to be some easement swaps, but that will be minor and I have already worked some of that out with Peter. The other issue is traffic. Kimley-Horn has provided a traffic study, which is in the agenda package, and you can look at the details later, but let me just give you a summary. The traffic impact analysis that they have presented proves that the

intersections in the CDD, as well as the major intersections on the major streets around it are not going to be impacted by this. Just to give you an idea, during the week they anticipate to have 90 new trips. Then on the weekends, they expect to have an increase of 160 trips during peak hours. So, 35% of those new trips are going to go to the north near the Dolphin Mall and the rest of the 65% will take the outer ring road of the mall.
Mr. Procacci: But based on trips affecting the park on the weekends, no one works in the Industrial Park, so that eliminates a lot of trips. So, even if they had more trips on the weekend, it really wouldn’t put a dent in anything. I just wanted to mention that. On the weekends, no matter how many trips they have, it is not going to be more than they already have during the week. That makes sense, right?
Mr. Alvarez: Yes, that is definitely true. But, even so, they are proving through the study that the intersections have enough capacity. You will remember that the CDD improved this intersection some time ago, and this improved intersection is what they are proving through the report that it is not going to make the conditions worse.
Mr. Procacci: Later down the line, as a developer, I wouldn’t want a report to go to the county that there is an increase in trips on the weekend and for them to see that component and not reflect the trips that are going to happen on the weekend, because if we do additional development, I don’t want the county to say there are more trips than there are really on the weekends. I think that I would like to have a conversation with Jeff on if that report has to go to the county to get their approval for what they are doing. Now if it is just for the city, it should really reflect that they have more trips on the weekend, but you need to add another paragraph to that report to say the number of trips that were normally calculated during the week with the Industrial Park are this many, and therefore there is a net. Can we do that?
Mr. Van Rens: That all makes sense. And to add onto what Juan has said regarding the expansion, it is, really a majority of it is for home delivery. It is not going to be for retail space, so it is more-so for storage and home delivery trucks. The traffic for retail is really the worst case scenario. It should not create a major impact though because it is more-so for storage space versus retail space. We can certainly add a paragraph and some analysis looking at the Industrial Park and allocate a section on the impact of it being only delivery, not more retail.

Mr. Alvarez: Is this going to be presented to the county, or is it just going to show to the CDD that there won’t really be an impact?
Mr. Van Rens: More-so for the CDD for your information.
Mr. Alvarez: Okay. I guess if you can expand on the description addressing what we just discussed and knowing it is for the CDD only, I guess that is fine, right? This brings me to another point. If you remember back in 2012, the CDD entered into a development agreement between the CDD and IKEA for contributions from IKEA for the CDD improvements due to impacts. With regards to the traffic improvements, the agreement says that IKEA would make a contribution to up to $61,425. I know that the CDD has made improvements towards the capacity of the intersection, so perhaps now would be a time to bill IKEA for some of this.
Mr. Hernandez: And to simplify the process and just to bring everybody up-to- speed, the District has already kind of started the attempt based on the agreement to collect those funds, but we wanted to have a description on everything that has been done. Now we can go to them with this information. So, the part I had discussed with Juan is that it probably makes sense to explain all of this to IKEA that at this point it would take the District longer to put together a package to describe everything that has been done. So, I think that is the part that is going to simplify the process. When we did the first attempt, everything was kind of blocked by IKEA’s accountants, requesting descriptions of everything that had been done. I think that an invoice from the District with the given amount as part of the information that was provided as per the agreement, I think that should be more than sufficient. I think that needs to be said to IKEA.
Mr. Van Rens: So, from IKEA’s perspective, we did spend $200,000 on road improvements to the mall’s ring road to offset some of the traffic movement IKEA brought. They are looking at those funds that outweigh the $61,000 they would have had to pay for other improvements. So, their view is that they have more than paid that investment.
Mr. Hernandez: Then we can modify the agreement and you can pay us whatever we can prove by invoices, then we go with the administrative costs of all of those. I am pretty sure it is more than $61,000. Then, they would be responsible for whatever amount, despite of whatever that amount is, plus whatever administrative costs. We cannot continue moving forward until we can clarify what has already been agreed prior.

Mr. Procacci: They unilaterally made improvements based on their needs, but now that they are building additional buildings and there is an agreement for that $61,000, why do we need to negotiate that amount?
Mr. Hernandez: Because it was made in the agreement, and the agreement did not specify that we have to give that accounting information to them, otherwise we would have from the beginning. It was when we tried to collect from them that they asked for a description of what had been done.
Mr. Procacci: It is a bit ridiculous.
Mr. Pawelczyk: This is the first I have heard about this. My question is if we are going to do this, it sounds like we might need a second agreement if we are going to be swapping easements and things like that. We are not required to do so, though. But if the Board wants to move forward with it, then maybe we need to consider it.
Mr. Hernandez: Right now, I have been trying to keep it as low as possible for costs for the District, which is why Michael hasn’t been involved. I have had discussions with Juan and IKEA, but now that I saw this popping up, the part we were trying to do to minimize the costs, Juan’s office was trying to integrate what IKEA needed to simplify the process, but now that we have this request, it seemed like the perfect time to come to the Board to finalize and move forward with it.
Mr. Alvarez: The $61,000 were for improvements to the master traffic system and yes, it is true that IKEA had to make improvements to the intersection of 117th and the ring road, but that was through their project. This is for the entire master traffic system.
Mr. Pawelczyk: This goes back ten years, right? My recollection is that the agreement was set up knowing that these were the CDD improvements we were going to be constructing, and IKEA agreed to contribute to those improvements to accommodate their parcel.
Mr. Houston: Was there a set number? Mr. Hernandez: It is around $61,000.
Mr. Alvarez: The CDD has already made improvements to all of the intersections and lanes, and this traffic analysis is based on the existing conditions of the intersections. Perhaps the traffic studies would not have shown that there would be additional loss of service if we did not have those lanes and all of those improvements completed.

Mr. Van Rens: Is there enough summary of the overall cost of the improvements, not necessarily a detailed accounting, but was it half a million, a million, or five million?
Mr. Hernandez: I don’t know that off the top of my head, but I can find out.
Mr. Alvarez: I don’t have the number with me now, but we can see how much it was.
Mr. Hernandez: It would be speculation at this point. As soon as Juan gets back to his computer, he can easily define what has been invested so far.
Mr. Procacci: Then do we need to make a motion that they need to pay that amount? You shouldn’t be spending $15,000 worth of time to figure it out.
Mr. Van Rens: I understand, and I think that this would have been part of the improvements that the CDD had to make, so if there is any consideration for lowering the amount or negotiating the amount, that would be appreciated.
Mr. Procacci: There is no interest in that. Mr. Houston: None at all.
Mr. Procacci: Do you agree, Pete? Mr. Marrero: I agree.
Mr. Houston: So, what do you need from us, Juan?
Mr. Alvarez: I think IKEA would like to have a letter from the CDD saying that the CDD is in agreement with this proposed project. So, if you would like to add a condition, that could be stated in the letter.
Mr. Houston: So, we don’t need a motion?
Mr. Pawelczyk: No, there should be a motion and my question is if we are going to do all of this, does that mean an agreement is forthcoming like we did before? I am asking because if they are improving our infrastructure, don’t we need a development agreement like we did before?
Mr. Hernandez: Yes, I think so.
Mr. Pawelczyk: In Sweetwater you have to post a bond.
Mr. Procacci: If they are doing improvements for their benefit, Juan has to approve the plans and they have to agree to this agreement, and pay for whatever they need to do. We should not be subsidizing this program.
Mr. Hernandez: I don’t think that is the intent. I think what Mike is suggesting makes perfect sense, to have an instrument to put in writing that everything needs to be

approved by our engineer and whatever costs are incurred by the District, they will be the ones to pay for those.
Mr. Pawelczyk: Since they are going to be in our easements, I think that should be addressed in agreement form. We could use something similar to what we used ten years ago. I am sure it is still in my computer, so I can use it as a starting point and we will have IKEA look at it and give input, too, to try to clarify the relationships of the parties. Of course being that it was ten years ago, things may be different, but we can at least use it as a starting point. I think that based on what was explained within the past ten minutes, it is just an exchange of easements and coordination with the District Engineer regarding costs incurred by the CDD should be itemized and billed to IKEA over the last ten years for services because the CDD as a local governmental entity cannot fund private developments. I believe the old development agreement indicated something similar, so we would just need to negotiate that. So, I would have one of the Board members be appointed to understand what those final terms are and sign off on it so we don’t need a meeting just to approve it. Is everybody okay with something like that?
Mr. Procacci: That is fine.
Mr. Houston: I think that seems more efficient. I agree that we should approve entering into or negotiating a development agreement with IKEA for the proposed expansion and we should also include in the development agreement that there will be payment of the previous $61,425 from the original project as a condition.
Mr. Hernandez: Do we want to appoint one of Supervisors to be the final liaison to ensure that the terms of the agreement are satisfactory to the CDD?
Mr. Houston: Yes, I will do it.
Mr. Hernandez: Okay. We have Brett Houston appointed for that. I will ask that also be included in the motion.

On MOTION by Mr. Houston seconded by Mr. Procacci with all in favor the Board approved negotiating a development agreement with IKEA for the proposed expansion; subject to including a condition that there would be payment of the
$61,425 from the original project; and Supervisor Houston was appointed as the liaison to ensure the terms of the agreement are satisfactory to the CDD.

Mr. Alvarez: I have a question for Peter. I know that Peter needs some documents from the CDD in order to continue with his permitting. Peter, is there a date of when you must have something from the CDD approving that?
Mr. Van Rens: Yes. We are looking at starting construction within about three months. We are in the middle of permitting, so if we can get something in the next two to four weeks, I think that would be good.
Mr. Pawelczyk: I think we can put together an agreement within the next week or so. Peter, this is Mike Pawelczyk, District Counsel. I think the District could provide a letter indicating that we are going to enter into an agreement and that we have no objection to the project, subject to IKEA complying to the terms of the District just so you can get started. I think the Board is saying that letter will not be sent until the District is paid the $61,000 or whatever the number is from the development.
Mr. Hernandez: It is $61,425.
Mr. Pawelczyk: Is that correct, Board? Mr. Marrero: That is correct.
Mr. Houston: I agree.
Mr. Hernandez: Yes, that is what we are hearing and I see nodding.
Mr. Van Rens: Can that be added to the letter as a condition of approval?
Mr. Hernandez: Sure. In order for the District to consider the request, the prior amount needs to be paid. That would not be a problem. It doesn’t affect for us to say that, but it opens other doors and I don’t know that that is the best interest for the permits. Mr. Pawelczyk: I will have Juan and Luis review the letter, and make sure that it complies with the Board’s direction. I will also see if I can find the agreement and maybe
we can have a quick call next week to see where we are at.
Mr. Hernandez: Sure.
Mr. Van Rens: That works.
Mr. Hernandez: Anything else? Mr. Alvarez: Not on this item.
Mr. Van Rens: No. Thank you for your time, everyone. Good to see you all. Mr. Hernandez: So, that takes care of everything for Item #4, correct?
Mr. Alvarez: Yes. That covers all of the items, A-F.

FIFTH ORDER OF BUSINESS	Consideration of Installation of
Signs at NW 117 Avenue by IKEA
Mr. Hernandez: Now let’s move on to Item #5. It looks like we will continue with items for you to discuss, Juan.
Mr. Alvarez: Yes. We heard that there have been some almost accidents or actual accidents on 117th Avenue where the road turns onto the outer ring road. I think there is something on this in your agenda package. We recommend to put some additional signs there. This is standard configuration where the driver encounters a sharp turn to the left. We are supposed to warn them to lower their speed to 20 mph, and then at the intersection we have those three standard DOT pylons. I think since this is a CDD road, it could be a CDD project. If I were to put a price on this, and perhaps it might be a little bit conservative, but I think around $500 for designs, plus there is some assembly, so maybe a total of $2,000. We have a contractor working onsite that might be interested in adding this to their scope of work.
Mr. Hernandez: I think a motion authorizing a not-to-exceed amount of $2,000 would be enough. Or to be safe, not-to-exceed $3,000 so you can move forward with it. The part that I think is important for the record to reflect is that whenever the District has run into similar situations in other areas, the same approach has been given. It is not being given for a particular entity or business, it is being done as part of being the owner of those roads and trying to minimize and be as proactive as we can to eliminate any potential accidents. With that being said, a motion for installation of signs not-to-exceed
$3,000 would be in order.

On MOTION by Mr. Lara seconded by Mr. Procacci with all in favor the Board approved the installation of signs at NW 117th by IKEA; not-to-exceed the amount of $3,000.

SIXTH ORDER OF BUSINESS	Discussion about the Potential
Opening of NW 22 St at NW 114 Avenue
Mr. Alvarez: Item #6 is Discussion about the Potential Opening of NW 22 St at NW 114 Avenue. You will probably remember that we got a proposal to make an opening on 22nd Street and 114th Avenue. We had conversations back and forth and they asked

why we can’t just open 22nd Street? Back in 2008 there was a study done about what could be done to open 22nd Street and that is also in your agenda packages. We included the study. At the time, in order to open 22nd Street, there would have needed to be a lot of cooperation from those who used to own that parcel because opening the street would have impacted their entrance. It was too much and the whole effort was dropped. Now comes again the possibility that has been presented by Ms. Nuris Garcia, who is the property manager who is asking if we could approach the owner of the parcel to see if they would be amenable to modify the entrance since I think it is a different owner now. Ms. Garcia, was suggesting that she could approach the owner and ask that question, but I said, well, maybe it is better to do it through the CDD. So, that is why I am bringing this to you again to see if you want us to approach them and see what can be done.
Mr. Hernandez: The first question I have is, who is going to be paying for that? What I understand is that Ms. Garcia would be paying for eliminating that dead space and improving it as it has been presented. If that comes to be the case, I think that even for the project as a project, and the community as a community, it is going to be providing benefit because it will be another way to be getting from 112th going west, or if you are west, you can go east. From the technical side, what you are indicating makes perfect sense. I believe there is nothing wrong with going and asking the owner of the parcel. If the owner of the parcel doesn’t want to do it, then she will already have the answer.
Mr. Procacci: You would probably need something from the new owner to consent to that. Maybe even an agreement?
Mr. Pawelczyk: We do have that agreement with Dolphin Commerce Center. Mr. Alvarez: A joint participation agreement with Dolphin Commerce Center.
Mr. Pawelczyk: I don’t think that agreement has been executed yet, so maybe we can also address all of these issues and see what we need.
Mr. Procacci: Then who should approach them?
Mr. Hernandez: I think the right approach is to go with the POA and the District. Between the two of us, we can tell them what is going on. The road belongs to the CDD, but the one who gives all of the oversight is the POA. So, that is why I would get them involved, but I personally believe that it makes more sense with what Juan is suggesting that the entities are the ones taking the lead on this project rather than letting the owners

believe that they can come present whatever is convenient for them at any given time. I will contact Ed, and between him and I, we will approach them with this and see where it goes from there. To avoid any gray areas, we will help with it. The part that I think we want to proactively achieve is letting the property owners know that they need to come to the CDD rather than them start talking amongst themselves.
Mr. Pawelczyk: And that is the way the Board has always handled things. If there is a project that the Industrial Park wants to do, the CDD always goes to the POA first to make sure everyone is on the same page before making any changes.
Mr. Hernandez: Okay. So, Ed, Juan and I will discuss that with them and whenever we have more specific answers, we will come back to the Board.
Mr. Alvarez: So, that was Item #6.
Mr. Hernandez: Do you have anything else? Staff Reports are next, so you might as well keep going.

SEVENTH ORDER OF BUSINESS    Staff Reports
B. Engineer – Update on Projects
Mr. Alvarez: The last item I have is the project on 110th Avenue and 17th Street, you have all seen it. It has turned out very, very nice. The physical work has all been done except for some minor things. It has been a pleasure working with everyone and they have helped us a lot doing the harmonization. That is some of the physical improvements. What remains to be done, the final inspections, closing permits with the city, transferring the lighting to the city, and essentially transferring all of the improvements to the city and that they accept responsibility for ownership and maintenance. So, you could say that what remains to be done is essentially paperwork because the physical parts of the project have already been completed. They still need to work on the irrigation and things like that, but the project is almost complete. Let me tell you how much money is needed to complete the project, and I have a list to pass out to everyone with the estimated costs. The yellow numbers are the ones that are important, but I will give you the breakdown. We have some change orders coming up. One is a big credit that we are going to get from the contractor. It is a credit in the amount of $47,900 because they didn’t incur the cost of the settlement plates when we began, and for some tree removals. We had some additional costs for harmonization and off-

duty police that the city demanded. So, the credit and the additional costs are going to cancel each other out. With some additional permitting that we need to do and some additional construction, I think that we are going to need almost $586,000 to complete the project as of December 31st. I added a contingency of 2%, so that makes it $587,000. We have $310,000 in the construction account, which is not enough, but I understand that we received some money from the city, and Luis, if I remember correctly, you said you were going to put that money in some other account, perhaps that is the unassigned reserves that you have in the financial statements. I think you have some unassigned money listed in there?
Mr. Hernandez: It will be a portion of it. What we got from the city, and I am going by memory, it is around $250,000 and the Board asked that we take those funds and put them in a separate account so we could use those funds to finalize the project.
Mr. Alvarez: Okay. We are going to need around $287,000 in addition to what we have in the construction account.
Mr. Hernandez: Correct. And just so everyone understands, whatever funds are not used to finalize the project, will be used to start paying off the principal of the bonds. That is why the Board said not to pay anything and to hold on to the funds until we finalize the project. At the end of the day, if it is less than the $310,000, then any excess will be used to pay off the principal from the bonds.
Mr. Alvarez: So, we are okay with funds.
Mr. Hernandez: Yes. We don’t have any financial concerns. Mr. Procacci: What about this additional $70,000?
Mr. Alvarez: Let me get to that now. Next to the police station on 117th, the plans had a replacement of the fence in mind, a chain link fence. Now, the mayor has requested not to replace it with another chain link fence and wants a concrete wall instead. So, we asked for an estimate, and that is the $70,000, which is not included in the numbers here. The wall the way we have it only shows the frontage on 17th Street. He didn’t ask for it to extend to the other sides. It would be a change order if we do it.
Mr. Hernandez: So, I think what would be appropriate based on what I am hearing from this discussion is to authorize a not-to-exceed change order of $70,000 to include the request for the wall that was made by the city.

On MOTION by Mr. Houston seconded by Mr. Marrero with all in favor the Board approved a not-to-exceed amount of
$70,000 for a change order for the wall requested by the city.

Mr. Alvarez: And that is all I have, unless you have any questions for me.
Mr. Houston: I have questions related to that. I look at projects breaking ground because the city is not going to come to us and say here is a check. I gave you and Michael an address on 108th, so they obviously paid the impact fees.
Mr. Hernandez: What I have done so far is I have contacted Mr. Robert Herrada, and he is inquiring what funds have been collected. I decided to do that first before sending the letter, but I will be letting him know about 108th.
Mr. Houston: Okay. The second one is about Lake #2.
Mr. Hernandez: It is only pending for a letter that I need to put together. I have been talking to Robert to see what they have achieved. After the meeting, I will follow up so we will know when we can expect to receive something. Once I collect that, I will present the letter. I don’t want to present the letter, then negate everything else first.
Mr. Pawelczyk: The CDD is supposed to get roadway impact fees. That is what Brett was referring to with the address on 108th. The second one, the lake, we are also entitled to a chunk of that under the interlocal agreement you have pursuant to an ordinance enacted by the state commission dealing with reimbursement of roadway construction costs incurred and benefitting the new properties. There are two pots we are drawing from and Luis has to coordinate with before he responds to the city on. And I can help with that if you want me to. It has been difficult to get money out of the city.
Mr. Hernandez: Sure. You need to beg. The agreement says they will present it on a regular basis, but it quite the contrary.
Mr. Pawelczyk: We can put the city on notice to remind them.
Mr. Hernandez: Anything else for Juan? Hearing none, we can move on to Mike.

A. Attorney
C. Manager – Consideration of Resolution #2022-01 Authorizing Execution of Closing Docs – Land Swap 2022
Mr. Pawelczyk: I don’t have anything except for the new item on the agenda, which is Resolution #2022-01. Back in 2020, we entered into a land swap agreement with the

Dolphin Mall dealing with the relocation of the roadway for the new construction. It was all supposed to be included as part of the bond project, but we ended up moving that part of the bond project and just doing the roadway. We have finally gotten to the point where we are getting ready to close on this land swap, and this resolution merely authorizes the Chair or Vice Chair to execute those documents that are necessary to close on this land swap. So, that is all that this resolution does. One thing that we would like to do, since we are dealing with the mall on this, is we would prefer not to have Pete sign as the Chair, so we would probably send everything to Phil to sign as Vice Chair. That is all it does, so unless there are any questions, a motion to approve Resolution #2022-01 would be in order at this time.

On MOTION by Mr. Lara seconded by Mr. Houston with all in favor Resolution #2022-01 Authorizing Execution of Closing Docs – Land Swap 2022 was approved.

Mr. Hernandez: Does anyone have any questions? Hearing none, there is one other item that I would like to discuss. It is an out-of-the-ordinary item that I want everybody to be aware of. One of the parcels that was impacted by the improvements made on 110th, is owned by San Ignacio University. It is the corner lot at 110th Avenue and 14th Street on the east side. That corner lot is owned by this entity. A representative from that entity contacted the city and inquired and requested to the city when they would install the fence we removed as part of the improvements on 110th Avenue and 14th Street. The city didn’t have a response and approached me. I explained to the owner that we just built the improvements, and furthermore, the improvements made it so the original chain link fence was going to be too low and not serve any purpose. The latest request from them was to give them the pieces that were removed so they could pay someone to reinstall it. This took place a couple months ago, so we will talk to them about it again, but the part I want everyone to know is that we have limited funding and that is a private benefit. There is nothing in the project as we envision including putting the fence back in, and none of the other properties would receive such benefits. So, I just wanted to clarify that for the record. Unless anyone has any questions for me, I will move to the next item on the agenda.

January 27, 2022	Beacon Tradeport CDD

EIGHTH ORDER OF BUSINESS
A.	Approval of Check Register

Financial Reports

B.	Balance Sheet and Income Statement
Mr. Hernandez: Moving forward, the next item that we have on the agenda for the Board to consider will be the Financials Reports. Behind tab A, we have the check register, and behind tab B, we have the balance sheet and income statement. Unless anyone has any questions on either, I will be looking for a motion to approve the financials at this time.

On MOTION by Mr. Marrero seconded by Mr. Procacci with all in favor the check register and the balance sheet and income statement were approved.

NINTH ORDER OF BUSINESS	Supervisors Requests
There not being any, the next item followed.

TENTH ORDER OF BUSINESS	Adjournment
Mr. Hernandez:	Unless anyone has any other District business to discuss, a motion to adjourn the meeting would be in order.

On MOTION by Mr. Procacci seconded by Mr. Marrero with all in favor the meeting was adjourned.