25-156
A. MOTION TO APPROVE Second Amended and Restated Operating Agreement by and among Broward County, Arena Operating Company, Ltd., Florida Panthers Hockey Club, Ltd., and Sunrise Sports & Entertainment, LLC, for the Broward County Civic Arena, concerning the management, operation, and future development of the Arena, with an initial term commencing retroactively on July 1, 2024, and expiring on June 30, 2033, with two additional optional extension terms of five years each at the sole discretion of the County; and authorize the Mayor and Clerk to execute same. (Commissioner Rich pulled this item from the Consent Agenda.) (Per the Tuesday Agenda Memorandum, the Board’s consideration of Motions A and B as part of Item 25 is based on Substitute Exhibits 1 and 2 distributed as Additional Material by the County Attorney’s Office.) ACTION: (T-10:46 AM) Approved as amended with Regular Meeting Additional Material 25(1) and 25(2), dated February 11, 2025, submitted at the request of Office of the County Attorney. (Refer to minutes for full discussion.) VOTE: 9-0. B. MOTION TO APPROVE Second Amended and Restated License Agreement by and among Broward County, Florida, Florida Panthers Hockey Club, Ltd., and Arena Operating Company, Ltd, with an initial term commencing retroactively on July 1, 2024, and expiring on June 30, 2033, subject to two additional optional extension terms; and authorize the Mayor and Clerk to execute same. (Commissioner Rich pulled this item from the Consent Agenda.) (Per the Tuesday Agenda Memorandum, the Board’s consideration of Motions A and B as part of Item 25 is based on Substitute Exhibits 1 and 2 distributed as Additional Material by the County Attorney’s Office.) ACTION: (T-10:46 AM) Approved as amended with Regular Meeting Additional Material 25(1) and 25(2), dated February 11, 2025, submitted at the request of Office of the County Attorney. (Refer to minutes for full discussion.) VOTE: 9-0. C. MOTION TO ADOPT Resolution of the Board of County Commissioners of Broward County, Florida, authorizing the redemption of all or a portion of the outstanding Broward County, Florida Professional Sports Facilities Tax and Revenue Refunding Bonds, Series 2016 (Broward County Civic Center Arena Project), Broward County, Florida Professional Sports Facilities Tax and Revenue Refunding Bonds, Taxable Series 2006B (Broward County Civic Center Arena Project) and the Broward County, Florida Non-Ad Valorem Taxable Refunding Revenue Note, Series 2018 in the aggregate amount of not to exceed $50,000,000; authorizing the County Administrator and the Chief Financial Officer to perform all actions necessary to facilitate such redemption; providing for certain other matters in connection therewith; and providing an effective date. (Commissioner Rich pulled this item from the Consent Agenda.) (Per the Tuesday Agenda Memorandum, the Board’s consideration of Motions A and B as part of Item 25 is based on Substitute Exhibits 1 and 2 distributed as Additional Material by the County Attorney’s Office.) ACTION: (T-10:46 AM) Approved Resolution No. 2025-027. (Refer to minutes for full discussion.) VOTE: 9-0. D. MOTION TO DIRECT Office of the County Attorney to draft an Ordinance amending Section 31½-16 of the Broward County Board of Ordinances related to tourist development taxes. (Commissioner Rich pulled this item from the Consent Agenda.) (Per the Tuesday Agenda Memorandum, the Board’s consideration of Motions A and B as part of Item 25 is based on Substitute Exhibits 1 and 2 distributed as Additional Material by the County Attorney’s Office.) ACTION: (T-10:46 AM) Approved. (Refer to minutes for full discussion.) VOTE: 9-0. E. MOTION TO ADOPT budget Resolution within the Four Cent Tourist Tax Revenue Fund to transfer funds from reserves in the amount of $15,000,000 and is appropriated for the County Annual Contributions for County Allocated Operating Expenses per the Second Amended and Restated Operating Agreement. (Commissioner Rich pulled this item from the Consent Agenda.) (Per the Tuesday Agenda Memorandum, the Board’s consideration of Motions A and B as part of Item 25 is based on Substitute Exhibits 1 and 2 distributed as Additional Material by the County Attorney’s Office.) ACTION: (T-10:46 AM) Approved Resolution No. 2025-028. (Refer to minutes for full discussion.) VOTE: 9-0. F. MOTION TO ADOPT budget Resolution within the Series 2006B and 2016 Civic Arena Refunding Bonds Fund to appropriate revenue in the amount of $49,128,957 for the defeasance and redemption of all or a portion of the outstanding Broward County, Florida Professional Sports Facilities Tax and Revenue Refunding Bonds, Series 2016 (Broward County Civic Center Arena Project) and the Broward County, Florida Professional Sports Facilities Tax and Revenue Refunding Bonds, Taxable Series 2006B (Broward County Civic Center Arena Project); and for other debt service costs. (Commissioner Rich pulled this item from the Consent Agenda.) (Per the Tuesday Agenda Memorandum, the Board’s consideration of Motions A and B as part of Item 25 is based on Substitute Exhibits 1 and 2 distributed as Additional Material by the County Attorney’s Office.) ACTION: (T-10:46 AM) Approved Resolution No. 2025-029. (Refer to minutes for full discussion.) VOTE: 9-0. G. MOTION TO ADOPT budget Resolution within the Series 2018 Non-Ad Valorem Taxable Refunding Revenue Note [Civic Arena] Fund to appropriate revenue in the amount of $2,371,143 for the defeasance and redemption of all or a portion of the outstanding Broward County, Florida Non-Ad Valorem Taxable Refunding Revenue Note, Series 2018. (Commissioner Rich pulled this item from the Consent Agenda.) (Per the Tuesday Agenda Memorandum, the Board’s consideration of Motions A and B as part of Item 25 is based on Substitute Exhibits 1 and 2 distributed as Additional Material by the County Attorney’s Office.) ACTION: (T-10:46 AM) Approved Resolution No. 2025-030. (Refer to minutes for full discussion.) VOTE: 9-0.
- Committee
- COUNTY ADMINISTRATION
- Requested by
- COUNTY ADMINISTRATION
- Introduced
- January 30, 2025
- On agenda
- February 11, 2025
- Passed
- February 11, 2025