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HomeMy WebLinkAboutDECEMBER 12, 2023 FORMAL SESSION MINUTES om ris 4 , r u i 0, OUN No",, ' VIRGINIA BEACH CITY COUNCIL Virginia Beach, Virginia DECEMBER 12,2023 Mayor Robert M. Dyer called to order the CITY'COUNCIL MEETING in the City Council Conference Room, Tuesday, December 12, 2023, at 1:00 P.M. Council Members Present: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley, Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash" Schulman, Chris Taylor, Vice Mayor Rosemary Wilson and Sabrina D. Wooten Council Members Absent: Dr. Amelia N. Ross-Hammond arrived at 1:07 P.M. Jennifer Rouse arrived at 1:39 P.M. 2 CITY MANAGER'S BRIEFINGS SPRING AND SUMMER FESTIVAL ITEM#75075 1:02 P.M. Mayor Dyer welcomed Nancy Helman, Director—Convention and Visitors Bureau. Ms. Helman expressed her appreciation to City Council for their continued support and distributed a copy of today's presentation, attached hereto and made a part of the record. Mayor Dyer expressed his appreciation to Ms. Helman for the presentation. December 12, 2023 Informal Session Virginia Beach Spring/Summer Festivals Nancy Helman, Director, Convention and Visitors Bureau December 12, 2023 ---4 virginia beach Overview • Two new festival opportunities with proposals submitted. • Festival #1 - Popular Music (Pop, R&B, Rap, Contemporary) Concert Proposed for April dates previously held by SITW and produced by Audacy Virginia. • Festival #2 - Reggae Festival Proposed dates in June and produced by IMGoing. v. r F4 d yyyy 1 A'� r 1� I' +fli W r Audacy Virginia is connected to 1.2 million listeners each week, and has many local, regional, and national advertising partners. Audacy Virginia owns four radio stations, and an unparalleled suites of cutting-edge digital marketing solution. Audacy Virginia produced the Oceanfront Concert Series during the 2022 East Coast Surfing Championships and brought national acts to the world's longest running surf contest. 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S'MM1TtF �Hp6 i 4 ti Le - Festival Overview • Dates: Friday, April 26, Saturday, April 27, and Sunday, April 28, 2024 • Formally SITW dates and historically known as College Beach Week. • Estimated attendance in 2024 is 15,000. • Park Programming: Activation of partnerships with local community groups in 17t" and 24t" street parks • Beach Programming: National acts on the beach — Friday and Saturday, April 26-27 Battle of the Bands on the beach - Sunday, April 28 • Beach Stage: Main stage on the beach at 315t street adjacent to the Neptune Statue facing south • Local Contributions: Featuring Virginia Beach based community groups, artists, and food vendors 17th and 24th Street Parks • Activation Partnerships with Local Community Groups • Spotlight for Local Talent • Non-Profit & Creative Spaces • Audacy POC - Lesley-Ann Ang (Director of Marketing and Promotions, Audacy Virginia) g �I� City Sponsorship Requests • $750,000 cash investment by City • In Kind City Services • Audacy will provide $750,000 in dedicated media funds for use by the City of Virginia Beach in traditional Virginia Beach Tourism Markets as identified by City • Audacy Virginia will provide $1,500,000 in promotional marketing for the event on Audacy platforms throughout the Mid-Atlantic and traditional Virginia Beach tourism feeder markets. 2024 VIRGINIA BEACH REGGAE FESTIVAL ............. r � b � S t /C4 h fa. 1 IMGoing is proposing the creation of an annual music festival on the Virginia Beach Oceanfront. The festival aims to bring a unique cultural experience to the community and attract out-of-market and regional guests, while also implementing local art and food into the event. The plan is to make this an annual event that belongs to Virginia Beach. Festival Details • Dates (Tentative): Friday, May 31 through Sunday, June 2, 2024 • Park Programming: • Date: Free Live entertainment on Friday, May 31 • Locations: 17th 24th and 31st Street Parks • Event Hours: 5:00 pm - 11:00 pm • Beach Programming: • Dates: Saturday, June 1 & Sunday, June 2 with 9 musical acts each day (ticketed event) • Event Hours: 2:00 pm - 11:00 pm • Two Stages: Main Stage at 3,d Street facing North. Second Stage at 61h Street facing East • Entrance: General Admission between 7th and 8th Street on beach. VIP between 4th and 5th Street on Boardwalk. • Set-Up: Begins May 23, 2023 • Takedown: Completed by June 5, 2023 • Local Flavor: Featuring Virginia Beach based creatives • Corporate Sponsorship: Welcoming Corporate sponsors to support the event • VIP Tickets: Offering a VIP Experience ps I m pact Forecast • $3,000,000 production investment from IMGoing •- • The projected attendance for the inaugural Virginia Beach Reggae Festival is 15,000 visitors per day • Estimated 67% will be from outside of Virginia Beach, and 33% will be regional • Estimated that 65% of non-resident attendees will stay in local hotels, with an average party size of 2.5 people WORK Similar Successful Festivals in Other Cities The concept of hosting music festivals, similar to the proposed Virginia Beach Reggae Festival, have been successfully produced in various diverse destinations. Notable examples include: Long Beach, CA: Cali Vibes Monterey, CA: California Roots Stateline, NV: Lake Tahoe Reggae Fest Puerto Aventuras, MX: Closer to the Sun St. Petersburg, FL: Reggae Rise Up Salt Lake City, UT: Reggae Rise Up Utah Las Vegas, NV: Reggae Rise Up Vegas Baltimore, MD: Reggae Rise Up Maryland The widespread popularity and economic benefits of this genre of music festival, makes them not only a source of entertainment, but also a catalyst for tourism and local business growth. The Virginia Beach Reggae Festival has the potential to join this esteemed group of festivals, while offering a unique experience for our community and guests. • . _ • City p p S onsorshi Requests • Direct: Payment $300,000 from the City to be applied towards festival costs estimated at $3,000,000 • City Tax Rebate: The City will rebate the promoter the City taxes directly generated by the festival within the festival footprint, including Admission Tax, Meal Tax, and the City portion of Sales Tax up to $450,000 • Advertising Reimbursement: City to support the festival with advertising at the city's discretion • In-Kind City Services • Multi Year Agreement: Three-year deal for the years of 2024, 2025, and 2026 u . «w W X41, "}k� »•sr 3 "'r� ",�, ,.r +tea 271h—31s'Streets Week 17 Festival Apri12024 201h Streets SITW 3'd-7ch Streets October 2024 Reggae Festival June 2024 3'a-141h Streets SITW October 2024 Next Steps • Council Vote on December 12, 2023, in formal session • Competitive process for specified dates for the 2025 calendar year AOL virginia beach 72,77 �`� - a." .. ,�,•,atwr,,�tiw—v'•,...a.�r-�>:�..,rrt.,. .r^- -�.,z.,.•rr's.,�.M�^'�_..�. :.�,� S • . ,. �' F ..^s,.-�.; ..,»hn-",.ud c,'.:�„ wrrzs•wre-:'. .S+rro+." *,w .. w.. �� �t l i F Y' � t ! 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AN r �WV � x iii f. ""a :. # ��11s9 a­,47�- V.t -Fy A t 1 1 �* s �'Iri�''�`�: _ 1'1'&'c'3 r s" e �ty + i :� a,� M. Ve, 4 la 'µ 'Y � ty S 4Y Y z` _ pY;Fit` J:R`. }4 �3,:5 M9 r"� ^v�' 'Er i ?.' ,r A ' Y�'. ^a :�+ ;4 �.. 2. a., Y3 .� a++ r yam: _ a .3 am. � ' l ,' #> ' 71 x r r �a t?a }a ; s 3 °t s i' A aI111 k4 air - ~a�*u Y kill �., �: r ..s +zp' � � �e 3 sues q T NO= t �, x c� 3 CITY MANAGER'S BRIEFINGS AUDITED FINANCIAL RESULTS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 ITEM#75076 1:36 P.M. Mayor Dyer welcomed Logan Booth, Audit Senior Manager— Cherry Bekaert Advisory, LLC and Kevin Kielbasa, Finance Controller. Ms. Logan expressed her appreciation to City Council for their continued support: NOW— City of Virginia Beach City Council Presentation December 12,2023 `�GIlfTrBek:rFrt„ i Here is the Agenda for today's presentation: Agenda ► Client Service Team ► Results of the Audit �e ► Internal Control Communication No. Corrected and Uncorrected Misstatements �1 ► Qualitative Aspects of Accounting Practices ► Independence Considerations ► Other Required Communications No, Other Matters ► Upcoming Financial Reporting and Accounting Changes z December 12, 2023 4 CITY MANAGER'S BRIEFINGS AUDITED FINANCIAL RESULTS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 ITEM#750 76 (Continued) Client Service Team ( Rob Churchman Logan Booth Chandler Ward Second Partner Senior Manager Reviewer Senior Steve Siegel Firth Technical Director The next few slides provide the Results of the Audit: Results of the Audit — Financial Statements We have audited the financial statements of City of Virginia Beach(the "City"), as of and for therE.pyear ended June 30, 2023, and we _ SS- have issued our report thereon dated Opinion December 7,2023. We have an unmodified opinion on the financial statements. '0 4 �I December 12, 2023 5 CITY MANAGER'S BRIEFINGS AUDITED FINANCIAL RESULTS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 ITEM#75076 (Continued) Results of the Audit — Government Auditing Standards and the Specifications We identified no instances of noncompliance required to be reported under Government Auditing Standards. !r,.Pr ..I We identified no instances of Opinion noncompliance required to be reported under the Specifications for Audits of . Counties,Cities,and Towns,issued by the Auditor of Public Accounts of the Commonwealth of Virginia. We identified no material weaknesses in internal control over financial reporting. We identified two significant deficiencies in internal control over financial reporting described as items 2023-001 and 2023-002 in the Schedule of Findings and Questioned Costs. s x Results of the Audit — Single Audit We have issued an unmodified opinion on the City's compliance with each major federal program. Express We identified no material '' 4� weaknesses in internal control over compliance in accordance , with the Uniform Guidance.' ; e December 12, 2023 6 CITY MANAGER'S BRIEFINGS AUDITED FINANCIAL RESULTS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 ITEM#75076 (Continued) The next two (2) slides provide an overview of an Internal Control Communication: Internal Control Communication In planning and performing our audit,we considered internal control over financial reporting("intemalA control")as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinion on the financial statements.but not for the purpose of expressing art;; opinion on the effectiveness of the City's internal control.Accordingly,we do not express an opinion on the effectiveness of the City's internal control. Our consideration of internal control was for the limited purpose described in the preceding paragraph-'i and was not designed to identify all deficiencies in internal control that might be material weaknesses of; significant deficiencies and, therefore, material weaknesses or significant deficiencies may exist that'; were not identified.In addition,because of inherent limitations in internal control,including the possibility of management override of controls,misstatements due to error or fraud may occur and not be detected by such controls+--4s+V..'.'++++.,}, }++}}�'} }}ti++'� + A deficiency in in' control exists'Y✓hen the design or operation of a control does not allow` management or employees,in the normal course of performing their assigned functions,to prevent,or detect and correct,misstatements on a timely basis. t x ¢ Internal Control Communication '+ r DeficiencyMaterial Weakness Significant A material weakness is a deficiency, or a A significant deficiency is a deficiency, or a combination of deficiencies in internal control, combination of deficiencies, in internal control such that there is a reasonable possibility that that is less severe than a material weakness, a material misstatement of the City's financial yet important enough to merit attention by statements will not be prevented, or detected those charged with governance. and corrected,on a timely basis. + a{ F kr+• +'*k'a# #,}�'' `'`, i - INe notecYho mefeYtffl weaknesses but noted the following two&ftciencies that we believe to be significant deficiencies. a �r December 12, 2023 7 CITY MANAGER'S BRIEFINGS AUDITED FINANCIAL RESULTS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 ITEM#750 76 (Continued) The next few slides provide the Internal Control Communication deficiency finding and Corrected and Uncorrected Misstatements: Internal Control Communication Significant 'ficiei­_____k nicy 2023-001 Significant Deficiencyt r Condition:During fiscal year 2023 the City discovered that they had . Condition:While performing our audit procedures to ensure proper recorded$8,026,306 of construction in progress assets related to the cut-off of expenditures at year-end.we noted two(2)invoices for Atlantic Park project that were appropriately capitalized by the Virginia ro es pvided ca in fisl year 2023 totaling$3.893.070 had not been Beach Development Authority("Authority")and were recorded on both propery—med as of June 30,2023. the Authority's and City's financial statements at June 30,2022, Cause: During the City's year—d close process,.the finance r Cause:During the early stages of the Atlantic Park project,there was department's cut-of procedures did not Identify these expenditures unclear understanding of who had ownership of certain capital that should have been accrued in fiscal year 2023. assets and infrastructure associated with the project and the City did not reconcile the capital project activity related to the Atlantic Park Management Response:The City recorded an adjusting journal project wlh that o1 the Authority resulting in the assets being recorded entry to correct the amounts In the June 30,2023 financial statements on both the City's and Authority's financial statements, nd I update its year-end procedures adding add tonal controls to nsurs all expendtures 'n the subsequent year are captured, t Management Response:The City will establish annual reconciliation ++;, thoroughly reviewed and transactions are recognized in the proper procedures related to transactions between the City and the Authority }!.:_ fiscal year when they were incurred. In addition,Me City will explore to ensure complete and accurate reporting.In addition,the City willand evaluate new system delivered functionary to see if it meets the make sure the ownership of capitalizable projects is properly identified sed Cily's bu ness requremenFs at the start of the projects and related transactions between the City and Authority will be carefully reviewed and properly recorded on the i'`City s books. s Corrected and Uncorrected Misstatements Professional standards require us to accumulate all misstatements identified during the audit,other tharj:�# those that are clearly trivial,and communicate them to the appropriate level of management- +* =� } Corrected Misstatements The City recorded an adjusting journal entry to correct amounts noted in Significant Deficiency 2023- 002 relating to accrue for additional capital project expenditures as of June 30,2023 in the amount of } kA + + } + y } ........._. , .......... -..., arr- 10 December 12, 2023 8 CITY MANAGER'S BRIEFINGS AUDITED FINANCIAL RESULTS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 ITEM#75076 (Continued) Corrected and Uncorrected Misstatements 0 We identified an uncorrected misstatement recorded in the financial statements of the City for the year-ended June 30,2023,relating to the accounting of capital projects associated with the Atlantic Park Project.The City had incorrectly accounted for certain projects that were correctly capitalized by the Authority for the year ended June 30,2022,and subsequently had to correct for the error during the year ended June 30,2023.The City expensed costs of$8,026,306 related to the double-counting of those projects during fiscal year-ended June 30,2023. 1,We identified an uncorrected misstatement recorded in the financial statements of the City for the year-ended June 30,2023, relating to tap fee revenue in the Water and Sewer fund. Revenues are overstated by$712,946 for the Water and Sewer fund as a result of tap fee service orders not being properly closed in Banner.The City understated revenues in the previous fiscal year and overstated revenues in the current fiscal year by offsetting amounts. The next several slides provide an overview of Qualitative Aspects of Accounting Practices: Qualitative Aspects of Accounting Practices Management is responsible for the selection and use of appropriate accounting policies. The significant accounting policies used by the City are described in Note 1 to the financial statements. i Related Party As described in Note 1,the City implemented the following Relationships Government Accounting Standards Board ("GASB") and Transactions «0° Statements for the fiscal year ended June 30,2023: GASB Statement No.94,Public-Private and Public- Public Partnerships and Availability Payment Arrangements — no impact on the financial statements. • GASB Statement No. 96, Subscription-Based Significant Financial Information Technology Arrangements—increase in Estimates Statement capital assets and long-term liabilities Disclosures 12 fr December 12, 2023 9 CITY MANAGER'S BRIEFINGS AUDITED FINANCIAL RESULTS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 ITEM#75076 (Continued) Qualitative Aspects of Accounting Practices As part of our audit, we evaluated the City's identification of,accounting for,and disclosure of the City's relationships and transactions with related parties as required by professional standards. I Related Party We noted none of the following: I Relationships Related parties or related party relationships or and Transactions transactions that were previously undisclosed to us; Significant related party transactions that have not been approved in accordance with the City's policies " •,,, or procedures or for which exceptions to the City's policies or procedures were granted; Significant related party transactions that appeared to lack a business purpose; Noncompliance with applicable laws or regulationsSignificantFinancial prohibiting or restricting specific types of related Statement party transactions;andDisclosures Difficulties in identifying the party that ultimately controls the entity. 19 Qualitative Aspects of Accounting Practices We noted no transactions entered into by the City during the year for which there is a lack of authoritative guidance or consensus. All significant transactions have been recognized in the financial statements in the proper period. Significant Unusual For purposes of this presentation, professional Transactions standards define significant unusual transactions as transactions that are outside the normal course of business for the City or that otherwise appear to be unusual due to their timing,size,or nature.We noted no significant unusual transactions during our audit. Significant Estimates Staterne Disciosur .� 1e �r December 12, 2023 10 CITY MANAGER'S BRIEFINGS AUDITED FINANCIAL RESULTS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 ITEM#75076 (Continued) Qualitative Aspects of Accounting Practices Accounting estimates are an integral part of the financial statements prepared by management and are based on management's knowledge and experience about past and current events and assumptions about future events. Certain accounting estimates are :� - particulady sensitive because of their significance to the financial statements and because of the possibility that future events affecting them may differ significantly from those expected.The most sensitive estimates affecting the financial statements were: • Allowance for doubtful accounts on taxes receivable Capital assets depreciable lives Actuarially computed pension and OPEB assets, liabilities and deferred flows of resources Significant • Risk management claims liabilities Estimates Statement Disclosures 16 Qualitative Aspects of Accounting Practices The financial statement disclosures are neutral, consistent,and clear. Related Party Relationships and Transactions Financial Estimates Statement re "i December 12, 2023 11 CITY MANAGER'S BRIEFINGS AUDITED FINANCIAL RESULTS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 ITEM#750 76 (Continued) Here are the Independence Considerations: Independence Considerations Independence Conclusion Complete the appropriate section of and sign +We are not aware of any other circumstances the Data Collection Form. or relationships that create threats to auditor independence,-,:}tt,� +} i 1 For all nonattest services we perform, you are responsible for designating a competent employee i,We are independent of the City and have met to oversee the services,make any management our other ethical responsibilities in accordance with the relevant ethical requirements relating decisions, perform any management functions to our audit_ related to the services,evaluate the adequacy of ; the services,and accept overall responsibility for + the results of the seances { }.} + ;fi+++. + 1 n �r Other Required Communications Difficulties Disagreements Auditor Management i Encountered with Management Consultations Representations We encountered no Includes We noted no matters significant difficulties in disagreements on a that are difficult or We have dealing with financial accounting, contentious for which requested certain management in reporting,or auditing the auditor for representations from performing and matter,whether or not outside the management that completing our audit. resolved to our engagement team, are included in the satisfaction,that could ,, management be significant to the - representation financial statements or letter dated the auditor's report. December 7,2023. We are pleased to report that no such isagreements arose ring the course of ie December 12, 2023 12 CITY MANA GER'S BRIEFINGS AUDITED FINANCIAL RESULTS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 ITEM#75076 Other Required Communications Management Other Findings Fraud and Going Consultations or Issues Illegal Acts Concern In some cas As of the date of this M.riagem ent a atters presentation,no fraud, conditions noted that decide.consull with he acts,o indicate substantial other accountants n of viol of laws and doubt about the about a citing and inciples regulations no entity's ab lity to untyditing and certain situations. eac year. To our k These discussions other I occurred in the normal acco n an professional relationship and our responses were not a condition to our Other Required Supplementary Infbirmation Accountng pdriaptes generally accepted in the United StaEes of America require that the Menagtxnent'S Discussion and Analysis and tfre Required Supplementary Informatkxi other than Panagement's Discussion and Analysis,es listed in the table of contents,6e presented to supplement the basic financial statements.Such information is the roaponsibiGty of management and, although not a Dart of the basic financral statements, is requred by the Governmental Accounting Standards Board who consitlers It to be an essential part o[finandai reporting for placing the basic financial statements in en appropriate operational,economic,or historical context.We have applied certain limited procedures to the required supplementary information m accordance wtth audding standards generally a�epted in the United States of America,which mneistod of Enquiries of management atxwf the metlmds of preparing the information and comparing the tntormatlon for consistency with management's responses b our inquiries,the basic financial statements,and ottrer knowledge we ob+ained durkg our audit of the basic financial statements.We rlo not express en opinion w provido any assurance on the information because the Fimited procedures do not provide us wtth ry sutFdent evMence to express an opinion or provide any assurance. Y/ December 13 CITY MANA / BRIEFINGS AUDITED FINANCIAL RESULTS FOR THE FISCAL I ENDED JUNE l 2023 ITEM#75076 Other Supplementary Our audN was eonauctad far the Durpose of funning opinions an die Tinandal afetemants that oollactiaalY compose the City's basin Rnandal 21 Other Matters atatementa.The agoompanNng Combining Schetlules Nonmagr OovemmenW Fonda,General PUM Budget to Actual,Combining Schedules end In8lviduel Pumda,Debt SaMce Fund,.Capital Projects,Entarpnee Ponds,Intemai Service Funds,Custodial Funds,Discretely Presented Scholl Bird Ggnponent Unit,and ONar Component Units statements antl sdtadules,as Irsted in the table of eomm�ts,and schedule of expenditures of fedeml awards as required by Ttla?of U.S.Oode of Faders(RegWa6ons Part?00.UnApm Admhistrefive RequramaMs,Cost PrMdples,and Auda Requirements(or Fasle�al Awards are presented fa purposes of adtliRonal analysis and era not a required pan of Rio basic flnandal statements.Such infgrtnatim is the responsibility qt managamentend Was dedYad from and relates directly to iha undedpng accounting and other remrls used to prepare Rre basic financial statements.The infwmatwn has been subjected to the audi6rp prrwetluMs sped in the audit of the pasta finanda!statements end oedain additional prooadraes,indad+ng wmpsring end reaondgmg such Information dvectly b the untledying ecccunting and other records used to prepare the basic finan<dai etetemenl5 or to Rre basic finandal statements themselves.and ether addigonal procedures in accordance wlttt auditing standarcts genars0y aaaePted In the United States of America.in our oDinian,the Combining end indlvidusi Statements,supplementary information,and schedule of expenditures of federal awards era fairly stated,in at1 material raspeuls,In rotation a the basic hnandel statements as a whale. Other Information Menagernent is responsible for the other information inGude4 in the annual report.The other infornation canpdses the 22 Introductory and Statistical sections and Continuing Disdosure Schedules,as Gated in the table of contents,but dose not indude the basic financial statements end our att4Ror's repor thereon.Out opinions on the basic financial statements do not cover the other information,and we do not express an opinion or arty form d assurance ttrerean. in connection with our audit of the basic financial statements,our responsibility is b read the other information and tonsillar whether a material atconsistency exists between the other inforcnation and fire basic linaneial statements,or iha other information otlterorisa appears to be materiaNy misstated.If,based on the work performed,we concWde that rar tarr;L7(r•G{0d mabrial mfaat•tssneM W tit0 OU1Br m(Uriaallori swats wa ere regwtad�,deaIXW d to our report 14 CITY MANAGER'S BRIEFINGS AUDITED FINANCIAL RESULTS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 ITEM#75076 (Continued) Here are Upcoming Financial Reporting and Auditing Changes: Upcoming Financial Reporting and Auditing Changes These standards will be effective for the City in the upcoming years and may have a significant impact on Audit standards the City'sfinancial reporting. We would be happy to discuss with management the .� Ppli..bl.m estimates,use of potential impacts on the City's financial statements and2024) specialists,and risk how we may be able to assist in the implementation assessment efforts. No GASS Statement CompensateAbsences ;. 25) 23 Contacts Laura Harden,CPA Audit Director ihardeniid,�cbh.com Questions Logan Booth,CPA Audit Senior Manager LBoothna cbh.com %mw*Cherry Bekaert" za December 12, 2023 15 CITY MANAGER'S BRIEFINGS AUDITED FINANCIAL RESULTS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 ITEM#75076 (Continued) Mr. Kielbasa provided the Audited Financial Results: AUDITED FINANCIAL RESULTS FOR THE FISCAL YEAR ENDED JUNE 301 2023 Department of Finance I December 12,2023 Here is the Agenda: AGENDA • Overview of FY 2023 Audited Financial Results WHO • Net Position—All City Funds • General Fund • Enterprise Funds • Long-term Debt—Annual Required Payments December 12, 2023 16 CITY MANAGER'S BRIEFINGS AUDITED FINANCIAL RESULTS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 ITEM#75076 (Continued) STATEMENT OF NET POSITION - ALL CITY FUNDS JUNE 30, 2023 (IN MILLIONS) City Schools Total Current Assets $ 1,478.3 $ 419.4 $ 1,897.7 Capital Assets 4,972.6 570.7 5,643.3 Total Assets 6,450.9 990.1 7,441.0 Deferred Outflows of Resources 160.8 162.3 323.1 Current Liabilities 192.9 134.3 327.2 Net Pension Liability 355.0 462.2 817.2 Net OPEB Liability 92.0 157.6 249.6 Other Long-Term Liabilities 1,443.6 63.6 1,507.2 Total Liabilities 2,083.5 81.7.7 2,901..2 Deferred Inflows of Resources 172.0 147.2 319.2 Net Position: Net Investment in Capital Assets 3,629.0 567.1 4,186A Restricted 136.4 36.8 173.2 Unrestricted 590.7 (406.5) 184.2 Total Net Position $ 4,356.1 $ 1.87.4 $ 4,543.5 The unassigned Fund Balance as of June 30, 2023, was$196.1-Million: GENERAL FUND BUDGET TO ACTUAL JUNE 30, 2023 (IN MILLIONS) %of BUDGET ACTUAL VARIANCE Budget LOCAL $ 1,165.3 $ 1,166.3 $ 1.0 0.1% STATE 178.7 180.1 1.4 0.8% FEDERAL 25.2 26.0 0.8 3.2% TOTAL REVENUES $ 1,369.2 $ 1,372.4 $ 3.2 0.21/. CITY $ 908.8 $ 810.2 $ 98.6 10.8% CITY CAPITAL PROJECTS 92.5 92.5 - - SCHOOLS 439.9 409.5 30.4 6.9% SCHOOL RESERVE FUND 0.7 0.7 - 0.0% SCHOOLS CAPITAL PROJECTS 46.3 46.3 TOTAL EXPENDITURES $ 11488.2 $ 1,359.2 $ 129.0 8.7% REVENUES OVER(UNDER) $ (119.0) $ 13.2 $ 132.2 FUND BALANCE-DULY 1 328.9 LESS:RESERVATIONS (146.0) *13-85%of FY2024 Budgeted Revenues UNASSIGNED FUND BALANCE-JUNE 30 196.1 December 12, 2023 17 CITY MANAGER'S BRIEFINGS AUDITED FINANCIAL RESULTS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 ITEM#75076 (Continued) The total Fund Balance Reservations as of June 30, 2023, was$196.1-Million: TOTAL FUND BALANCE RESERVATIONS JUNE 30, 2023 (IN MILLIONS) Total Fund Balance June 30,2023 $ 342.1 Less Reservations: Inventories&Loans Receivable 9.5 Community Services Board Restricted Funds 1.9 School Reserve Fund 15.2 School Reversion 26.1 Carryforwards and Encumbrances 24.8 Flood Protection Referendum Fund 24.4 Trust and Gift Funds 1.2 FY 2024 City CIP Budget 41.1 Other uses of Fund Balance in FY 2024 1.8 146.0 Total Unassigned Fund Balance FY 2023 $ 196.1 %of FY2024 Budgeted Revenues 13.85% UNASSIGNED GENERAL FUND BALANCE AS OF JUNE 30, 2014 THRU 2023 .0% 13.5% 13.8% 6200 13.0% • 10.1% 10.5-Yn �6160 9.511E 9.3% � �. F_..� 9.0% 0 CE100 0 4,M 0 S60 I a, I S0 0.0% 2014 W15 2016 2017 2015 2019 2020 2021 2022 2029 OUn-1191-GF EX-(, ,I 5,111ka lea GF Rcien,11 December 12, 2023 18 CITY MANAGER'S BRIEFINGS AUDITED FINANCIAL RESULTS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 ITEM#75076 (Continued) Here are the Total Revenues-General Fund: TOTAL REVENUES - GENERAL FUND JUNE 30, 2023, AND 2022 (IN MILLIONS) FY2023 YID FY 2(12 2 YTD VARIANCES Budget Actual Variance % Actual Actual • Real Estate Taxes olro I oft- (i.2) U Il% S 593.8 S 48.7 8.2 Personal Property Taxes 139.2 140.3 1.1 0.8 1365 3.8 2.8 CommOaweakh-PPTRA 53A 53.4 - - 53.4 - - Oeneal Sales Tax 93.9 89.5 (4.4) (4.7) 87.4 2.1 2A Utility Taxes 43.1 40.5 (2.6) (6.0) 45.7 (52) (11.4) Business Licenses 54.9 59.3 4.4 8.0 55.5 3.8 6.8 • Hotel Taxes 10.7 11.1 0.4 3.7 10.0 1.1 11.0 • Meal Taxes 57.0 5&7 1.7 3.0 54.8 3.9 7.1 • Other Local Taxes 34.5 30.7 (3.8) (11.0) 36.2 (5.5) (15.2) Chargeforservices 34.1 54.6 05 0.9 54.5 0.1 02 Other Local Revenues 27.4 3&4 11.0 40.1 24.6 13.8 56.1 Commonwealth-Maintenance of Roads 57.5 60.6 3.1 5.4 52.5 8.1 15.4 Coamonweakh-Human Services Reimb 41.3 40.7 (0.6) (1.5) 36.6 4.1 112 • Corrou)-akh-Other State Revenues 26.5 25.4 (l.l) (4.2) 23.7 1.7 7.2 • Federal Revenues 25.2 26.0 0.1 3.2 27.7 (1.7) (6.1) ` Transfers from Other Funds 0.8 0.7 (0.l) (12.5) 0.8 (0.1) (115) S 1,369.2 $1,372.4 S 3.2 0.2 % S 1,293.7 S 78.7 6.1 % •cF portloo onty 4rcea-Exceededbudget Red-Underbudget TOTAL EXPENDITURES - GENERAL FUND JUNE 30, 2023 $saotwD,00O $450,000,000 $400,000,000 $350,OD0,000 $a00,000.000 $250,000,000 $20DOD0,000 $150,000,ow $100,00D,01x1 � - Transfers- Salaries Operating fringe Benefb Transfers-CIPs Debt Service Transfers-Other Capital Outlay Schools Expenses Funds ■2023 42022 -. December 12, 2023 19 CITY MANAGER'S BRIEFINGS AUDITED FINANCIAL RESULTS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 ITEM#750 76 (Continued) Here is an overview of the Enterprise Funds: ENTERPRISE FUNDS STATEMENT OF NET POSITION AT JUNE 30, 2023 ON MILLIONS) Water end Waste Sewer Storm Water Management Parking Cash•nd Investments $ 123.8 $ 22.9 $ 12.6 $ 6.8 Cash and Investments-Restricted 99.5 69.5 - - Receivablas 15.9 5.7 4.6 Inventory 12 &0 - - ONpital Assets 708.7 533.7 5.1 3.0 Deferred Outflows 6.8 1.7 2.0 0.1 Total Assets+Deferred Outflows 957.7 633.4 24.3 9.9 Current Liabilities 26.9 11.5 2.3 0.7 Compensatatl Abseaness 0.5 0.1 0.3 - eontls end Notes Payable 193.0 138.1 - - Subserlptions Payable 0.3 - - - Lease Payable 0,2 - - _ Net Panslon Liability 16.2 4.0 4.5 0.3 Net OPE8 Liability 3.3 0.8 1.3 0.1 Deferred Inflows 5.6 1.8 1.6 Total Llebiiitles+Deferred Inflov 246.0 156.3 10.1 E Net Investment In Capital Assets 498.4 385.2 5.1 - Future Debt Services 20.3 9.4 - - Unrestricted(deficit) 193.2 82.4 9.2 6.4 Total Net Position $ 7118 $ 477.1 $ 14.3 $ 6.4 ENTERPRISE FUNDS STATEMENT OF REVENUES EXPENDITURES AND CHANGES IN NET POSITION AT JUNE 30, 2023 (IN MILLIONS) Water and Waste Sewer Storm Water Management Parking Charges for Services $ 130.2 $ 45.7 $ 37.2 $ 5.5 Miscellaneous 0.2 0.9 Operating Revenues 130A 45.7 � Cost of Goods Sold 32.6 - 0.4 _ Personnel Services 29.8 5.9 10.7 0.7 Operating Expenses 31.4 8.6 26.5 3.6 Depreclation 29.2 10.6 2.6 0.3 Operating Expenses 122.9 .2 40.1. 4.6 Interest and Fiscal Agent Fees (5.8) (3.6) - 10.7) Other Nonoperating Revenue• 3.5 1.6 0.3 Non operating Rev and Exp (2.3) (2.0) (0.7) Capital Contributions 4.8 3.8 - Transfers In(Out) - 0.6 - (1.3) Change In Net Position $ LOD 22.9 (1.7) (1.1) December 12, 2023 20 CITY MANAGER'S BRIEFINGS AUDITED FINANCIAL RESULTS FOR THE FISCAL YEAR ENDED JUNE 30, 2023 ITEM#750 76 (Continued) Here is a summary of Long Term Debt Annual Payments: LONG TERM DEBT ANNUAL PAYMENTS (IN MILLIONS) Annual Payments by Fiscal Year FY 2023 FY 2022 Principal Retirement $ 122.8 $ 117.2 Interest 51.2 56.1 City Pension-Employer Contributions 67.6 54.8 School Pension-Employer Contributions 74.4 71.6 City OPEB-Employer Contributions 11.7 11.5 School OPEB-Employer Contributions 17.5 13.3 FY 2023 PAFR AND GFOA AWARD L- Mayor Dyer expressed his appreciation to Ms. Logan and Mr. Kielbasa for the presentation. December 12, 2023 21 CITY MANAGER'S BRIEFINGS CITY OF VIRGINIA BEACH FINANCIAL MANAGEMENT ITEM#75077 2:02 P.M. Mayor Dyer welcomed David Rose, Senior Vice President, and Manager of Public Finance—Davenport & Company and Kyle Laux, Senior Vice President—Davenport& Company. Mr.Rose expressed his appreciation to City Council for their continued support and distributed a copy of today's presentation, attached hereto and made apart of the record. Mayor Dyer expressed his appreciation to Mr. Rose and Mr. Laux for the presentation. December 12, 2023 DAVENPORT PUBLIC FINANCE CityVirginiaof Beach, VA Comprehensive Debt Management Update December 12, 2023 Member NYSE I FINRAISIPC Background BEACHIA --�..� BEACH Davenport & Company LLC ("Davenport") serves as Financial Advisor to the City of Virginia Beach (the gicity ). In January of 2023, Davenport presented a Debt Management and Capital Funding Strategies Presentation to City Council. The presentation resulted in the City updating and amending its Debt Management Financial Policies. •= Davenport was asked to develop a comprehensive multi-year financial model to assist the City in monitoring and projecting: 1) Debt Capacity (i.e. compliance with City Council adopted financial policies and expectations for `Aaa' rated local governments). 2) Debt Affordability (i.e. budgetary impact of current and future debt funded capital projects). The model is a dynamic and cooperative tool to assist the City in understanding and planning for the potential impacts of any new borrowing(s) over a multi-year period. r Davenport has prepared a set of initial scenarios to receive feedback from City Council and Senior City Leadership. DAVENPORT ,® PUBLIC FINANCE December 12,2023 Y Virginia City of Beach.VA 1 VIRGINIA Credit Rating Overview "�•-�'""' BEACH y The City enjoys `Aaa' credit ratings from all three of the National Credit Rating Agencies. These credit ratings serve as a barometer for the Financial, Economic, Demographic, and Management standing of the City. These `Aaa' credit ratings are the highest possible credit ratings a local government can achieve. MQody's SAP Fitch Top Tier "Highest Possible - Aa a AAA AAA Rati ng„ _ -- _ Aa l AA+ AA+ (Highest) 2nd Tier "Very Strong" Aa2 AA AA (Middle) Aa3 AA- AA- (Lowest) Al A+ A+ (Highest) 3rd Tier "Strong" A2 A A (Middle) A3 A- A- (Lowest) Considered 4th Tier "Adequate Baal BBB+ BBB+ (Highest) Investment Capacity to Repay" Baal BBB BBB (Middle) Grade Baa3 BBB- BBB- (Lowest) Below 5th - loth Tiers "Below Investment Investment Grade" BB, B, CCC, CC, C, D Grade DAVENPORT , PUBLIC FINANCE December 12,2023 City of Virginia Beach,VA 2 VIRGINIA Debt Management Financial Policies -- .- BEACH The City has a number of Debt Management Financial Policies which were most recently updated at the beginning of this calendar year. These policies are summarized below: Policy/Metric Existing Policy Net Debt to Assessed Real Estate Value Not to exceed 3.0%. Debt Service to General Government Not to exceed 10.0%. Expenditures Fixed Costs to General Government Not to exceed 20.0%. Expenditures 10-Year Payout Ratio Remain above 50%. DAVENPORT ,= PUBLIC FINANCE December 12,2023 City of Virginia Beach,VA 3 VIRGINIA Tax Supported Borrowing for Adopted FY 24 - 29 CIP - BEACH 1) As of the start of FY 2024, the City has roughly $360 million of Authorized but Unissued Charter Bonds('), and an additional $390 of Charter Bond Appropriations planned in the FY 24 - 29 CIP (total of roughly $750 million). 2) As of the start of FY 2024, the City has roughly $510 million of Authorized but Unissued Public Facility Revenue Bonds, and an additional $275 million of Public Facility Revenue Bond Appropriations planned in the FY 24 - 29 CIP (total of roughly $785 million). 3) This totals approximately $1.5 billion of Tax Supported debt to be issued. The analysis herein assumes this is issued over the next 10 Fiscal Years (i.e. FY 24 - 33). DAVENPORT ® (1)This figure excludes Charter Bonds Authorized for the Flood Protection Program. PUBLIC FINANCE i w Virginia Beach.VA 4 City of Vir December 12,2023 g VIRGINIA Updated Assumptions for Flood Protection Program BEACH r The graphic below shows the estimated issuance timing and amounts based upon updated expenditure estimates provided by Jacobs Engineering. Of the Net Financing Need, $567.5 million is planned to be funded via the referendum. The balance (i.e. $310 million) may be funded by additional bonds, grants, cash, etc. It is assumed for this analysis that the $310 million balance will be borrowed via a Tax-Supported borrowing vehicle to be determined. Net Financing Estimated Issuance FY Need(1) Timing& Amount Repayment Source Exp. To Date $ 13,817,790 2024 29,854,875 FY 24 Issuance: $118,972,663 2025 75,299,998 2026 70,234,338 FY $567.5 million 2027 79,763,926 26 Issuance: $149,998,264 Referendum 2028 138,669,630 �-- FY 28 Issuance: $298,529,073* 2029 171,798,844 2030 164,502,222 _ - FY 30 Issuance: $274,758,184 2031 98,316,561 $310 million 2032 31,863,146 Other FY 32 Issuance: $34,426,201 2033 2,563,055 Total $ 876,684,385 *FY28 Issuance adjusted downward to issue the balance of the initial$567.5 million authorization.$12 million balance is incorporated in the$274 million figure. DAVENPORT ® (1)See Appendix for a detailed breakout of all funding sources for the Flood Protection Program.Figures provided by Jacobs Engineering and City Staff. PUBLIC FINANCE ,� December 12,2023 City of Virginia Beach,VA 5 CITY OF VIRGINI Overview of Preliminary Scenarios BEACH A ��� ➢ For preliminary discussion purposes, Davenport has prepared the following 3 scenarios: Scenario 1A: Total Funding $2.1 Billion •Charter & PFRB Issuances fully-fund Previously Authorized and Future Appropriations over the FY 2024 - 2033 time period in the amount of $1.5 Billion; plus • Issuance of$567.5 million of Charter Bonds in support of the Flood Protection Program. Scenario 1B: Total Funding $2.4 Billion •Scenario 1A plus fully-funding the Flood Protection Program with the issuance of an additional roughly $310 million of debt (per most recent expenditure estimates from Jacobs Engineering). Scenario 2: Total Funding $3.1 Billior •Scenario 1B plus Potential Capital Priorities over and above the FY 2024 Adopted CIP (roughly$730 million, see Appendix)funded over the FY 2024 - 2033 time period. DAVENPORT �® PUBLIC FINANCE December 12,2023 City of Virginia Beach,VA 6 C f v i.. VIRGINIA Scenario lA — Issuance Timing & Assumptions --- BEACH Total Charter and PFRB debt (excluding flood) issued between FY 24 - 33 equals approximately $1.5 billion. Average annual issuance (excluding flood) between FY 24 - 33 equals roughly $150 million. FY Charter(1) PFRB(2) Flood Total 2024 $ 165,000,000 $ 80,000,000 $ 118,972,663 $ 363,972,663 2025 - 141,239,294 - 141,239,294 2026 145,820,635 - 149,998,264 295,818,899 2027 - 141,239,294 - 141,239,294 2028 145,820,635 - 298,529,073 444,349,708 2029 - 141,239,294 - 141,239,294 2030 145,820,635 - - 145,820,635 2031 - 141,239,294 - 141,239,294 2032 145,820,635 - - 145,820,635 2033 - 141,239,294 -_ 141,239,294 Total $ 748,282,541 $ 786,196,471 $ 567,500,000 $ 2,101,979,012 (1)Charter Bonds are repaid by the General Fund except for the following amounts which are repaid by Schools:$15m in FY24,$50m in FY26,28,30,and 32. DAVENPORT ® (2)PFRB are repaid by the General Fund except for the following amounts which are either repaid by Schools or the TIP Fund.Schools:$40m in FY25,27,29,21,and 33.TIP Fund: $80m in FY24,25,and 27.$101m in FY 29. 1 December 12.2023 City of Virginia Beach.VA 7 CITY OF VIRGINIA Scenario 1A - Debt Capacity BEACH ............ ,oi Reference: Total New Debt Issued over next 10 years: $2.1 billion. * Average annual Tax-Supported Issuance of $150 million. * $567.5 million of debt in support of Flood Protection Program. Debt vs. Assessed Value Debt Service vs. Budget 3.5% 12.0% 3.0% 10.0% 2.5% 8.0% 2.0% 6.0% 1.5% 4.0% 1.0% 2.0% 0.5% 0.0% 0.0% � , p " " 1 " � " 1 , �1 " 3 "' 3 �' o2" eO 1p�lp� p10110110pof$ 101lop10� 10 101410le leIFPlele1P19 �P 0e00le10 Existing Tax-Supported DS vs.Budget Projected Charter DS vs.Budget Existing Tax-Supported Debt vs.AV Projected Charter Debt vs.AV Projected PFRB DS vs.Budget Projected Flood DS vs.Budget MEN Projected PFRB Debt vs.AV Projected Flood Debt vs.AV Debt Service Policy Limit(10%) -Debt Policy Limit(3.0%) DAVENPORTEstimated results are preliminary,subject to change. PUBLIC FINANCE ;4W December 12, 2023 City of Virginia Beach.VA d .l' Scenario lA — Debt Capacity (coast.) --- BEACH' �� ➢ Reference: Total New Debt Issued over next 10 years: $2.1 billion. ■ Average annual Tax-Supported Issuance of $150 million. ■ $567.5 million of debt in support of Flood Protection Program. Fixed Costs Ratio Payout Ratio 25.0% 120.0% 20.0% 100.0% 80.0% 15.0% 60.0% 10.0% I 40.0% 5.0% 20.0% 0.0% 1 `L0 `L°' "�° 3, "�0 30 "�', 30 "�°u p° y0 y0 y0 1O rye I f 1O y0 ry0 lO O 1O ,ti0 l 1 O 1p �O 0.0% Existing Tax-Supported DS Projected Pension Cost LO �O LO �O �O LO LO ry0 LO ry0 LO y0 LO �° y0 �O �O Projected OPEB Cost ®Projected Charter DS Existing 10 Year —0 Projected 10 Year Payout Ratio Projected PFRB DS Projected Flood DS Payout Ratio —Fixed Costs Policy Limit(20%) —Minimum 10 Year Payout Ratio(50%) DAVENPORT ® Estimated results are preliminary,subject to change. PUBLIC FINANCE r- December 12,2023 City of Virginia Beach.VA 9 VIRGINIA Scenario 1A - Debt Affordability �•- BEACH r Total proposed debt repaid by the General Fund: $780 million. Total proposed debt repaid by the Schools Fund: $415 million. General Fund Schools Fund $120,000,000 $80,000,000 $70,000,000 $100,000,000 $60,000,000 $80,000,000 $50,000,000 $60,000,000 $40,000,000 $30,000,000 $40,000,000 $20,000,000 $20,000,000 $10,000,000 n, 3� rye `30 ,�', 3� h � '� l � ry0 �O �O ,LO ry0 �O �O 00 00 00 00 O� 00 03 03 03 03 O� 03 O� 0 03 03 O� Existing Debt Service Proposed Debt Service-FY 2024 Budgeted Debt Service Existing Debt Service Proposed Debt Service-FY 2024 Budgeted Debt Service DAVENPORTEstimated results are preliminary,subject to change. PUBLIC FINANCE December 12,2023 City of Virginia Beach,VA 10 4. Scenario lA - Debt Affordability (coast.) BEACHIA ➢ Total proposed debt repaid by the TIP Fund: $340 million. ➢ Total proposed debt repaid by the Parks Fund: $0. TIP Fund Parks Fund $70,000,000 $14,000,000 $60,000,000 $12,000,000 $50,000,000 $10,000,000 $40,000,000 $8,000,000 $30,000,000 $6,000,000 $20,000,000 $4,000,000 $10,000,000 $2,000,000 10 gyp, rye ry6 ry'1 ry`b ry°� n�0 n�`y n�rti g"a gp, 3� g1 g`b "ic NO P h 0 'l 4� 9 O 'y rl. 3 D� h 0 1 o of O 1y ry0 1 lL0 If ry0 rp 10 rL0 10 10 rL0 rL0 10 l IP Off' Off' 00' Off' Off' 07' O� 03 O1 03 O� 03 03 4 Off` Existing Debt Service Proposed Debt Service-FY 2024 Budgeted Debt Service Existing Debt Service Proposed Debt Service-FY 2024 Budgeted Debt Service DAVENPORT ® Estimated results are preliminary,subject to change. PUBLIC FINANCE �- December 12.2023 City of Virginia Beach,VA 11 VIRGINIA Scenario lA - Flood Affordability BEACH ➢ The affordability below is predicated on the assumption that the revenues available for Flood Protection grow 3% annually (i.e. red line below). ➢ Assumes $567.5 million of debt in support of Flood Protection Program. $90,000,000 Reserves $80,000,000 utilized to fund the $70,000,000 peak in debt $60,000,000 service. $50,000,000 $40,000,000 $30,000,000 $20,000,000 $10,000,000 $_ <00O000H � � H � �� B u i Id-u p O oO oO oO If, of of Existing Debt Service Referendum Debt Reserves. Cash-Funded Capital —Projected Revenue Available1� DAVENPORT Estimated results are preliminary, ie Change. (1)FY 2024 and FY 2025 values provroviddedd by City Staff.Future revenues assumed to grow 3%annually. PUBLIC FINANCE December 12. 2023 City of Virginia Beach.VA 12 CITY C}f= VIRGINIA Scenario 1B - Issuance Timing & Assumptions I BEACH Total Charter and PFRB debt (excluding flood) issued between FY 24 - 33 equals approximately $1.5 billion. Average annual issuance (excluding flood) between FY 24 - 33 equals roughly $150 million. FY Charter(1) PFRB(2) Flood Total 2024 $ 165,000,000 $ 80,000,000 $ 118,972,663 $ 363,972,663 2025 - 141,239,294 - 141,239,294 2026 1457820,635 - 149,998,264 295,818,899 2027 - 141,239,294 - 141,239,294 2028 145,820,635 - 298,529,073 444,349,708 2029 .._.. - 141,239,294 - 141,239,294 2030 145,820,635 - 274,758,184 420,578,819 2031 - 141,239,294 - 141,239,294 2032 145,820,635 - 34,426,201 180,246,836 2033 - 141,239,294 - 141,239,294 Total $ 748,282,541 $ 786,196,471 $ 876,684,385 $ 2,411,163,397 (1)Charter Bonds are repaid by the General Fund except for the following amounts which are repaid by Schools:$15m in FY24,$50m in FY26,28,30,and 32. (2)PFRB are repaid by the General Fund except for the following amounts which are either repaid by Schools or the TIP Fund.Schools:$40m in FY25,27,29,21,and 33.TIP Fund: DAVENPORT $80m in FY24,25,and 27.$101m in FY 29, PUBLIC FINANCE December 12,2023 City of Virginia Beach,VA 13 11 1 Scenario 1B - Debt Capacity BEACHVIRGINIA Reference: Total New Debt Issued over next 10 years: $2.4 billion. * Average annual Tax-Supported Issuance of $150 million. * $876 million of debt in support of Flood Protection Program. Debt vs. Assessed Value Debt Service vs. Budget 3.5'/, 12.0% 3.0% 10.0% 2.5% 8.0% 2.0% 6.0% 1.5% 4.0% 1.0% 2.0% 0.5% 0.0% 0.0% ", " 0p " 03 (1 p p " 4" p 5A b e1 '0 ' 101IfloIP1051� li5�1�p 1 IfP1Olo le 141y IF; 4 l 9 f e Existing Tax-Supported Debt vs.AV Projected Charter Debt vs.AV Existing Tax-Supported DS vs.Budget Projected Charter DS vs.Budget Projected PFRB Debt vs.AV Projected Flood Debt vs.AV MIIIIIIIIIIII Projected PFRB DS vs.Budget Projected Flood DS vs.Budget -Debt Policy Limit(3.0%) -Debt Service Policy Limit(10%) Estimated results are preliminary,subject to change. DAVENPORT PUBLIC FINANCE December 12,2023 City of Virginia Beach.VA 14 F Scenario 1B — Debt Capacity (cont.) BEACH'A ➢ Reference: Total New Debt Issued over next 10 years: $2.4 billion. ■ Average annual Tax-Supported Issuance of $150 million. IN $876 million of debt in support of Flood Protection Program. Fixed Costs Ratio Payout Ratio 25.0% 120.0% 20.0% 100.0% 80.0% 15.0% 60.0% 10.0% i10 40.0% 5.0% H 20.0°k 0.0% 00� 1 OHO O 00$ 00O 030 03y 03ry O O 030 030 031 00 OHO OHO ° n. 'L 'L 'L rL rL 'L 'L 'L rL rL �L 'ti ti ti ti ti 0.0 `�jh Existing Tax-Supported DS Projected Pension Cost LO �O y0 �O ,y0 �O �O �O �O �O �O 4O Projected OPEB Cost Projected Charter DS Existing 10 Year +-^Projected 10 Year Payout Ratio Projected PFRB DS iiiiiiiiiiiiiN Projected Flood DS Payout Ratio -Fixed Costs Policy Limit(20%) -Minimum 10 Year Payout Ratio(50%) ® Estimated results are preliminary,subject to change. DAVENPORT PUBLIC FINANCE �� December 12,2023 City of Virginia Beach.VA 15 CITY UP Scenario 1B - Debt Affordability - BEACH A Total proposed debt repaid by the General Fund: $780 million. ➢ Total proposed debt repaid by the Schools Fund: $415 million. General Fund Schools Fund $120,000,000 $80,000,000 $70,000,000 $100,000,000 $60,000,000 $80,000,000 $50,000,000 $60,000,000 $40,000,000 $30,000,000 $40,000,000 $20,000,000 $20,000,000 $10,000,000 0,�' Oh ti0 �1 ti� ry0 nj`Y n1`L �`3 ,�jP ,�j4J ,�j0 31 3� 30 �O D� h 0 '� 4� � O 'Y '1. `3 b h 0 '� � O ,y0 I f lO 1O I f I f le 10 1O lO 1p 10 10 1O ry0 1p �O 00 OP 00 00 00 00 03 03 03 03 03 O� O� O� 03101c, O� Existing Debt Service Proposed Debt Service-FY 2024 Budgeted Debt Service Existing Debt Service Proposed Debt Service-FY 2024 Budgeted Debt Service DAVENPORT ® Estimated results are preliminary,subject to change. PUBLIC FINANCE �- December 12. 2023 City of Virginia Beach,VA 16 C.ry ,F VIRGINIA Scenario iB - Debt Affordability (coast.) BEACH Total proposed debt repaid by the TIP Fund: $340 million. Total proposed debt repaid by the Parks Fund: $0. TIP Fund Parks Fund $70,000,000 $14,000,000 $60.000.000 $12,000,000 $50,000,000 $10,000,000 $40,000,000 $8,000,000 $30,000,000 $6,000,000 $20,000.000 $4,000,000 $10,000,000 $2,000,000 M � ?'o � w o 0 yo �o yo yo yo yo yo �o yo yo �o �o do yo yo yo o� o� o� o� oti o� 03 03 0� 03 0� 03 0 03 03 0� o° ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti Existing Debt Service o Proposed Debt Service-FY 2024 Budgeted Debt Service Existing Debt Service f Proposed Debt Service-FY 2024 Budgeted Debt Service DAVENPORTEstimated results are preliminary,subject to change. 11.)BUC FINANCE December 12.2023 City of Virginia Beach,VA 17 CITv OF Scenario 1B - Flood Affordability �H�A ➢ The projected revenue available (red-line) is projected to be sufficient to fund the Referendum Debt (green bar) and cash- funded capital (gold bar). ➢ Assumes $876 million of debt issued in support of the Flood Protection Program. Under these assumptions, additional revenue will need to be identified to repay the additional $310 million that is over and above the original $567.5 million. $90,000,000 $80,000,000 $70,000,000 $60,000,000 $50,000,000 $40,000,000 NOON $30,000,000 $20,000,000 $10,000,000 �� �C 3p 3ti 3� 3� 3t 3< 3I 3A 3Cb Existing Debt Service o Referendum Debt Cash-Funded Capital oAdditional Debt —Projected Revenue Available�1� DAVENPORT Estimated results are preliminary,subjectt b change. ® (1)FY 2024 and FY 2025 values provided by City Staff.Future revenues assumed to grow 3%annually. PUBLIC FINANCE �S December 12.2023 City of Virginia Beach.VA 18 Scenario 2 — Issuance Timing & Assumptions BEACH'A Total Charter and PFRB debt (excluding flood) issued between FY 24 - 33 equals approximately $2.3 billion. Average annual issuance (excluding flood) between FY 24 - 33 equals roughly $225 million. FY Charter(1) PFRB(2) Flood Total 2024 $ 165,000,000 $ 80,000,000 $ 118,972,663 $ 363,972,663 2025 - 257,639,294 - 257,639,294 2026 182,820,635 - 149,998,264 332,818,899 2027 - 257,639,294 - 257,639,294 2028 182,820,635 - 298,529,073 481,349,708 2029 - 257,639,294 - 257,639,294 2030 182,820,635 - 274,758,184 457,578,819 2031 - 257,639,294 - 257,639,294 2032 182,820,635 - 34,426,201 217,246,836 2033 - 257,639,294 - 257,639,294 Total $ 896,282,541 $ 1,368,196,471 $ 876,684,385 $ 3,141,163,397 Note:See Appendix for Additional Priorities which includes Financing Type and Repayment Source.Funding allocated evenly over issuance FY25-33. (1)Charter Bonds are repaid by the General Fund except for the following amounts which are repaid by Schools:$15m in FY24,$50m in FY26,28,30,and 32. DAVENPORT (2)PFRB are repaid by the General Fund except for the following amounts which are either repaid by Schools or the TIP Fund.Schools:$40m in FY25,27,29,21,and 33.TIP Fund: $80m in FY24,25,and 27.$101m in FY 29. PUBLIC FINANCE �+ December 12,2023 City of Virginia Beach,VA 19 CITY OF WMINIA Scenario 2 — Debt Capacity BEACH Reference: Total New Debt Issued over next 10 years: $3.1 billion. * Average annual Tax-Supported Issuance of $225 million. * $876 million of debt in support of Flood Protection Program. Debt vs. Assessed Value Debt Service vs. Budget 3.5% 12.0% 3.0% 10.0% 2.5% 8.0% 2.0% 6.0% 1.5% 4.0% 1.0% 2.0% 0.5% 0.0% 0.0% l p e 1 9 � " A lb C 3 � L4 � �1 1ry �5 31 4 1 1 10eelo1� lee1 10lele10, 103l03l03 10 10 10 1 10lf101� 1010 If Existing Tax-Supported Debt vs.AV Projected Charter Debt vs.AV Existing Tax-Supported CIS vs.Budget Projected Charter DS vs.Budget MEM Projected PFR B Debt vs.AV Projected Flood Debt vs.AV Projected PFRB DS vs.Budget Projected Flood DS vs.Budget -Debt Policy Limit(3.0%) -Debt Service Policy Limit(10%) DAVENPORTM Estimated preliminary,subject to change. PUBLIC FINANCE P I December 12.2023 City of Virginia Beach.VA 20 UTY OF Scenario 2 — Debt Capacity (coast.) �•� BEACH ➢ Reference: Total New Debt Issued over next 10 years: $3.1 billion. ■ Average annual Tax-Supported Issuance of $225 million. ■ $876 million of debt in support of Flood Protection Program. Fixed Costs Ratio Payout Ratio 25.0% 120.0% 20.0% 100.0% 15.0% 80.0% 60.0% 10.0% 40.0% 5.0% 20.0% 0.0% ti0 y0 ,y0 y0 y0 10 LO y0 00 �O �O ry0 y0 ry0 ry0 �O ry0 0.0% L� 3 Existing Tax-Supported DS �Projected Pension Cost ti0 do y0 y0 10 ry0 �o ry0 l f`3ry 103�103R,Lo3y 103�103, 103�ry0c, yo Projected OPEB Cost Projected Charter DS Existing 10 Year —*—projected 10 Year Payout Ratio Projected PFRB DS Projected Flood DS Payout Ratio —Fixed Costs Policy Limit(20%) —Minimum 10 Year Payout Ratio(50%) Estimated results are preliminary,subject to change. � DAVENPORT ® PUBLIC FINANCE December 12.2023 City of Virginia Beach.VA 21 CrTv pp VARGINIA Scenario 2 — Debt Affordability ...- BEACH Total proposed debt repaid by the General Fund: $925 million. r Total proposed debt repaid by the Schools Fund: $575 million. General Fund Schools Fund $120,000,000 $80,000,000 $70.000.000 $100,000,000 $60.000.000 $80,000,000 $50,000,000 $60,000,000 $40,000,000 $30,000,000 $40,000,000 $20,000,000 $20.000.000 $10.000,000 $- $- tia tih ti6 �'� ti� �0 ,�O nj'Y r�j`1' r�j`5 r7j0` njh r�j6 yj'1 nj0 Oe A O '1 0 0 O ,y0 10 ,LO 1 lO le rye rye l l 10 10 1O 1e le",rye ry0 00 O� O� O� 00 00 on' on' 03 03 0'' le':' O� on' 03 on' O� 'L `L `L �L `L ti ti `L rL ti ti `L `L ti ti `L Existing Debt Service Proposed Debt Service-FY 2024 Budgeted Debt Service Existing Debt Service Proposed Debt Service-FY 2024 Budgeted Debt Service Estimated results are preliminary,subjectto change. DAVENPORT PUBLIC FINANCE ' - December 12.2023 City of Virginia Beach.VA 22 VIRGINIA Scenario 2 - Debt Affordability (coast.) BEACH ➢ Total proposed debt repaid by the TIP Fund: $650 million. ➢ Total proposed debt repaid by the Parks Fund: $112 million. TIP Fund Parks Fund $70,000,000 $14,000,000 $60,000,000 $12,000,000 $50,000,000 $10,000,000 $40,000,000 $8,000,000 $30,000,000 $6,000,000 $20,000,000 $4,000,000 $10,000,000 $2,000,000 1 �� ti0 30 3ti �L ��j �p 3� 3� 3^ ", 50� lO A h 0 1 'b O Y 'L b D h ro 1 `b O O ry0 ry0 �O �O �O ry0 �O �O �O ry0 ry0 ry0 �O ry0 Off' Off' 00' OD' 00' Off' O� O� 03 03 03 03 03 Ob 03 O5 Off` Existing Debt Service ®Proposed Debt Service-FY 2024 Budgeted Debt Service Existing Debt Service Proposed Debt Service-FY 2024 Budgeted Debt Service DAVENPORT ® Estimated results are preliminary,subject to change. PUBLIC FINANCE December 12,2023 City of Virginia Beach,VA 23 VIRGINIA Scenario 2 — Flood Affordability (same as Scenario 1B) BEACH ---------- ➢ The projected revenue available (red-line) is projected to be sufficient to fund the Referendum Debt (green bar) and cash- funded capital (gold bar). ➢ Assumes $876 million of debt issued in support of the Flood Protection Program. Under these assumptions, additional revenue will need to be identified to repay the additional $310 million that is over and above the original $567.5 million. $90,000,000 $80,000,000 $70,000,000 $60,000,000 $50,000,000 $40,000,000 $30,000,000 $20,000,000 $10,000,000 10 A 1b dl� p- rp rV T T rp rp r� T r T ry Existing Debt Service Referendum Debt ==Cash-Funded Capital Additional Debt -Projected Revenue Available Estimated results are preliminary.subject to Change. DAVENPORT (1)FY 2024 and FY 2025 values provided by City Staff.Future revenues assumed to grow 3%annually. PUBLIC FINANCE December 12.2023 City of Virginia Beach.VA 24 CITY OF ConcludingBEACH Observations MINIA BEACH r Based on current assumptions, the City currently has the debt capacity to issue roughly $150 million per year (excluding Flood) in a financially responsible and sustainable manner. From a debt affordability standpoint, current revenue projections are sufficient over the next 5+ years. Additional revenue will need to be identified after that time period. Under the current assumptions, additional revenue will need to be identified to repay the additional $310 million that is over and above the original $567.5 million. The revenue dedication for the Flood Protection Program is projected to be sufficient to fund the $567.5 million of debt. The City has additional debt capacity, however, the repayment of the incremental additional debt (i.e. debt affordability) will need to be pro-actively addressed during the annual budget process. To the extent City Council wishes to move forward with additional capital projects over and above the Adopted FY 24 - 29 CIP, the City will need to identify additional revenues for the repayment of debt service. r Davenport, in concert with the City's Senior Administration, will continue to monitor and evaluate the City's debt capacity and debt affordability as City Council determines its capital funding priorities. DAVENPORT , PUBLIC FINANCE December 12,2023 City of Virginia Beach,VA 25 VIRGINIA Next Steps BEACH Date Event/Task December 12, 2023 Davenport Comprehensive Debt Management briefing to City Council. Balance of 2023 City Council to provide feedback and request any supplemental additional information from City Staff and Davenport. Early Calendar Year 2024 City Council to evaluate capital funding priorities and goals during the FY 2025 Budget and Capital Improvement Program process. First Qtr. of Calendar Year 2024 Update the National Credit Rating Agencies in anticipation of the planned debt issuances. Balance of FY 2024 Sell Bonds via the Public Credit Markets. DAVENPORT PUBLIC FINANCE - December 12.2023 City of Virginia Beach,VA 26 CITY OF V- ,R,- I VIRGINA 13EACH Appendix DAVENPORT , PUBLIC FINANCE December 12,2023 City of Virginia Beach,VA 27 6GI INIA Tax-Supported Borrowing Programs BEACH The City has two credit types for issuing Tax-Supported debt. These include Charter Bonds (i.e. General Obligation Bonds) and Public Facility Revenue Bonds. The City has several funds which serve as a repayment source for Tax-Supported Debt: 1) General Fund; 2) School Fund; 3) Parks & Recreation SRF; 4) Tourism Investment Program ("TIP"); 5) Central Business District South TIF; 6) Open Space SRF; and, 71) Flood Protection Program. r The analysis herein purposely does not include Water & Sewer or Stormwater Debt (i.e. self-supporting utility enterprise funds). DAVENPORT ,M PUBLIC FINANCE _ December 12,2023 City of Virginia Beach.VA 28 VIRGINIA Existing Tax-Supported Debt Profile ---- BEACH r The City's Tax-Supported debt currently totals roughly $800 million. It is repaid rapidly (i.e. 10-year payout ratio of approximately 77%).(2) The City's Water and Sewer Enterprise Fund and Stormwater Utility Enterprise Fund are both self- supporting Utility Enterprise Funds that do not rely on the General Fund support. As such, they do not count against the City's "Tax-Supported" debt ratios. Tax-Supported Debt Profile(') FiscalYear Principal Interest Total Total $802,638,472 $189,072,465 $ 991,710,937 U) $140.0 2024 94,304,239 32,128,836 126,433,075 12% 0 2025 83,710,117 27,829,502 111,539,620 22% $120.0 2026 74,241,103 23,878,940 98,120,043 31% $100.0 2027 68,955,666 20,419,189 89,374,854 40% 2028 64,564,719 17,107,346 81,672,065 48% $80.0 2029 53,858,814 14,469,763 68,328,578 55% 2030 50,098,814 12.053,319 62,152,134 61% $60.0 2031 47,090,000 9,886,581 56,976,581 67% 2032 42,475,000 8,100,969 50,575,969 72% $40.0 2033 39,785,000 6,491,144 46,276,144 77% 2034 37,810,000 5,059,625 42,869,625 82% $20.0 2036 255,910,000 2,824,313 28,734,313 89% $- 2037 22,845,000 2,078,206 24,923,206 92/° N o h 't � "TN N N CNN mm CO M m c m COC m 2038 21,920,000 1,437,925 23,357.925 94% 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2039 17,585,000 889,700 18,474,700 97% 2040 17,585,000 480,125 18,065,125 99% ■Principal O Interest 2041 4,745,000 142,250 4,887,250 99% 2042 4,740,000 47,400 4,787,400 100% (1) Tax-Supported Debt includes Charter and Public Facility Revenue Bonds.Excludes ARP. (2) Payout Ratio is equal to the amount of principal repaid over the next 10 years divided by current principal outstanding. DAVENPORT ® Source:Official Statements and documents provided by City Staff. PUBLIC FINANCE %& December 12,2023 City of Virginia Beach,VA 29 VIRGINIA Funding Sources for Flood Protection Program BEACH A B C D E F G = sum(B:F) Stormwater Utility Bond Referendum Funding Source Bond Referendum FY Grant Funding Fund (Cash) Not Yet Specified (Bond Proceeds) Total Exp. To Date $ 7,389,428 $ 121,298,065 $ 2,476,465 $ - $ 13,817,790 $ 144,981,748 2024 3,362,201 50,946,155� 1,523,535 303,747 29,551,128 85,686,766 2025 21,093,385 14,431,305 - 1,984,470 73,315,528 110,824,688 2026 17,521,491 298,335 - 6,107,200 64,127,138 88,054,164 2027 - 9,857,849 - 5,387,631 74,376,295 89,621,775 2028 - 4,577,268 - 25,713,734 112,955,896 143,246,898 2029 - 3,359,917 - 107,254,683 64,544,161 175,158,761 2030 - - - 97,680,049 66,822,173 164,502,222 2031 - - - 48,895,742 49,420,819 98,316,561 2032 - - - 15,685,560 16,177,586 31,863,146_ 2033 - - - 1,378,719 1,184,336 2,563,055 Total $ 49,366,505 $ 204,768,894 $ 4,000,000 $ 310,391,535 $ 566,292,850 $ 1,134,819,785 Net Financing Need DAVENPORT , Source:Jacobs Engineering and City Budget Staff. PUBLIC FINANCE � December 12,2023 City of Virginia Beach,VA 30 VIRGINIA Potential Capital Priorities Over & Above the FY 24 — 29 CIP* BEACH r Order of magnitude estimates for discussion purposes: Project Name (Alphabetical) Repayment Source Planning Estimate Financing Type Aquarium TIP Fund $ 250,000,000 PFRB Courthouse General Fund 30,000,000 Charter LETA General Fund 32,000,000 Charter Rec Center Modernization Parks & Rec Fund 112,000,000 PFRB Rudee Loop TIP Fund 60,000,000 PFRB School Modernization Schools Fund 160,000,000 PFRB VB Trail General Fund 72,000,000 Charter Voter Registrar General Fund 14,000,000 Charter Total $ 730,000,000 *Note:The above estimates are for preliminary,order of magnitude discussion purposes.The potential Convention Center Replacement project is not included in the projects above.Additionally,the potential Coastal Resilience project is not included in the projects above.For perspective,Norfolk's Coastal Resilience DAVENPORT ® Plan is$2 6 billion of which 65%is from Federal funding. PUBLIC FINANCE December 12,2023 City of Virginia Beach,VA 31 CITY 0, Peer Comparative I Debt vs. Full Value BEACNIA BEACH Direct Net Debt as % of Full Value �I. Virginia Beach 1.1 National Aaa Cities Median Virginia Aaa Counties Median 1.3 Virginia Aaa Cities Median 1.8 Falls Church 3.7 Suffolk 2.3 Virginia 'Aaa' Fairfax 1.9 Cities (Moody's) Alexandria 1.7 Current City Policy Chesapeake 1.0 Charlottesville 0.8 0.0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 Percent(%) DAVENPORT ® Source:Moody's MFRA Database as of 06/30/21.Virginia Beach figure as of FY 2024. PUBLIC FINANCE FS 4 December 12,2023 City of Virginia Beach.VA 32 CITY OF Peer Comparative I Debt Service vs. Expenditures BEACHIA BEACH Debt Service as % of Operating Expenditures Virginia Beach 5.8 National Aaa Cities Median 12.0 Virginia Aaa Counties Median 7.9 Virginia Aaa Cities Median 9.0 Falls Church 14.2 Fairfax 9.0 Virginia 'Aaa' Suffolk 9.0 Cities (Moody's) Alexandria 8.9 Current City Policy Charlottesville 5.9 Chesapeake 5.0 0.0 2.0 4.0 6.0 8.0 10.0 12.0 14.0 16.0 Percent(%) DAVENPORT ® Source:Moody's MFRA Database as of 06/30/21.Virginia Beach figure as of FY 2024. December 12,2023 City of Virginia Beach.VA 33 CITY OP Peer Comparative I Unassigned FB vs. Revenues A BEACHIA BEACH Unassigned Fund Balance as % of Revenue Virginia Beach 10.0 Current Policy: 89/0 to 12% of the following National Aaa Cities Median 16.4 year's projected revenues. Virginia Aaa Counties Median 11.2 Virginia Aaa Cities Median 18.7 Suffolk 34.3 Falls Church 21.2 Virginia 'Aaa' Charlottesville 19.6 Cities (Moody's) Fairfax 17.8 Alexandria 12.4 Chesapeake 12.2 0.0 5.0 10.0 15.0 20.0 25.0 30.0 Percent(%) DAVENPORT ® Source:Moody's MFRA Database as of 06/30/21.Virginia Beach figure as of FY 2023. PUBLIC FINANCE December 12,2023 City of Virginia Beach,VA 34 CITY OF Peer Comparative I Available FB vs. Revenues BEACHIA BEACH Available GF Fund Balance as % of Revenue Virginia Beach 24.5 National Aaa Cities Median 30.0 Virginia Aaa Counties Median 33.0 Virginia Aaa Cities Median 35.0 Chesapeake 53.4 Suffolk 52.6 Virginia 'Aaa' Falls Church 36.5 Cities (Moody's) Charlottesville 33.5 Alexandria 26.2 Fairfax 22.5 0.0 5.0 10.0 15.0 20.0 25.0 30.0 35.0 40.0 45.0 50.0 Percent(%) DAVENPORT ®source:Moody's MFRA Database as of 06/30/22. PUBLIC FINANCE � 4 December 12,2023 City of Virginia Beach,VA 35 _ L VIRGINIA Historical Debt Service vs. Government Expenditures •-z• BEACH Historical Debt Service to Government Expenditures 12.00% 10.00% 8.00% 8.2o°i° 8.2o°r° 7.70% 7.80%6.00% 7.70% 7.40% 7.30% 6.80% 4.00% 2.00% 0.00% 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Debt Service vs.Government Expenditures -Policy(10%) DAVENPORT ®N Source:ACFRs and City Finance Staff. PUBLIC FINANCE December 12,2023 City of Virginia Beach.VA 36 CITY OF VIRGINIA Disclaimer 13EAGH The U.S. Securities and Exchange Commission (the "SEC") has clarified that a broker, dealer or municipal securities dealer engaging in municipal advisory activities outside the scope of underwriting a particular issuance of municipal securities should be subject to municipal advisor registration. Davenport & Company LLC ("Davenport") has registered as a municipal advisor with the SEC. 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The value of and income from investments and the cost of borrowing may vary because of changes in interest rates, foreign exchange rates, default rates, prepayment rates, securities/instruments prices, market indexes, operational or financial conditions or companies or other factors. There may be time limitations on the exercise of options or other rights in securities/instruments transactions. Past performance is not necessarily a guide to future performance and estimates of future performance are based on assumptions that may not be realized. Actual events may differ from those assumed and changes to any assumptions may have a material impact on any projections or estimates. Other events not taken into account may occur and may significantly affect the projections or estimates. Certain assumptions may have been made for modeling purposes or to simplify the presentation and/or calculation of any projections or estimates,and Davenport does not represent that any such assumptions will reflect actual future events. Accordingly,there can be no assurance that estimated returns or projections will be realized or that actual returns or performance results will not materially differ from those estimated herein. This material may not be sold or redistributed without the prior written consent of Davenport. Version 01.01.23 AS I KL DAVENPORT p® PUBLIC FINANCE _ December 12,2023 City of Virginia Beach,VA 37 22 CITY COUNCIL DISCUSSIONANITIATIVES/COMMENTS ITEM#750 78 2:41 P.M. Mayor Dyer congratulated City Manager Duhaney on receiving the LocalSmart Award for Executive of the Year and advised it takes a lot of hard work to run a City of this size and expressed his appreciation to Mr. Duhaney and his staff for making Virginia Beach the great City that it is. December 12, 2023 23 CITY COUNCIL DISCUSSION/INITIATIVES/COMMENTS ITEM#75079 (Continued) Council Member Berlucchi advised the Human Rights Commission (HRC)will host the 28`"Annual Award Ceremony on Thursday, December 140 at 6:00 P.M. to recognize HRC Commissioners and local organizations. Council Member Berlucchi advised it is important to respect each other's human rights and acknowledge shared humanity. December 12, 2023 24 CITY COUNCIL DISCUSSIONIINITL4TIVES/COMMENTS ITEM#75080 (Continued) Vice Mayor Wilson advised the Southside Network Authority(SNA)met last Friday and provided an update on the progress made with forty-three(43)miles now built and are a third of the way to being complete by next year. December 12, 2023 25 CITY COUNCIL DISCUSSIONIINITIATIVES/COMMENTS ITEM#75081 (Continued) Council Member Henley provided an update from her previous comments regarding the condition of the Brown cemetery in the Princess Anne Meadows neighborhood, advising the Sheriffs Department has approval to move forward with helping to clean the cemetery. December 12, 2023 26 CITY COUNCIL DISCUSSIONANITLITIVES/COMMENTS ITEM#75082 (Continued) Council Member Henley referenced the Dominion Energy presentation provided to the Body last week and expressed her concern with the onshore portion of the project and the impact the work will have on the area along the ten(10)miles of where transmission lines will be installed. Council Member Henley advised the clearing of the area will begin in January and must be completed by April 15th and would like to see a mitigation plan developed quickly by using the P-Million in funding that Dominion Energy provided. Council Member Henley advised she briefed the Green Ribbon Committee, Open Space Advisory Committee and Transition Area/Interfacility Traffic Area Citizens Advisory Committee and there is a lot of interest to assist in developing a plan. Council Member Henley expressed she is hopeful to have a mitigation plan she can use to provide updates and information. Council Member Henley advised she is particularly concerned with the area between Dam Neck and London Bridge Roads in the Mayberry and Prince George Estates neighborhoods where a road will be built between them for the Amazon development. Council Member Henley advised those neighborhoods will be impacted by both projects. Vice Mayor expressed her appreciation to Council Member Henley for her comments and advised Amazon has been responsive to citizen concerns, however;it has been difficult for those in the Mayberry and Prince George Estate neighborhoods to deal with. Vice Mayor Wilson advised when the work started,the residents had problems with dust covering their homes and getting in their HVAC systems,flooding from the rain and noise from the construction trucks early in the morning. Vice Mayor Wilson described a curve in the road which prevents residents from seeing very far as they exit the neighborhood and is hopeful to see their request granted for a traffic light to be installed soon. December 12, 2023 27 CITY COUNCIL DISCIISSIONANITIATIVES/COMMENTS ITEM#75083 (Continued) Council Member Schulman advised yesterday, he rode with Chief Stroud from the Ocean Park Rescue Squad and though there were not any calls for service, he advised he learned more about how they work with the City to respond to calls and expressed his appreciation for all of the service provided by professional volunteers. December 12, 2023 28 CITY COUNCIL DISCUSSIONIINITL4TIVES/COMMENTS ITEM#75084 (Continued) Council Member Schulman expressed his appreciation to Senators Warner and Kane for their support of the Bipartisan Infrastructure Law and announcing the award$14.9-Million to the City for the Virginia Beach Trail. It is significant and great to have support at the government level for pedestrian safety and connectivity. Council Member Schulman also expressed his appreciation to Walter Camp, Chair of the Active Transportation Advisory Committee for drawing attention and awareness to connectivity along the Bayfront. December 12, 2023 29 CITY COUNCIL DISCUSSIONANITWIVES/COMMENTS ITEM#75085 (Continued) Council Member Taylor advised U. S. News published the ranking for best schools in the state, and while there were several City schools recognized, he wanted to specifically recognize Kingston Elementary School in District 8 who ranked#1 and Old Donation School ranking#2. Council Member Taylor advised Old Donation School also ranked#1 for Middle Schools with Lynnhaven Middle and Cox High Schools also making the list. Council Member Taylor expressed his appreciation to the students,parents, teachers and administrators. December 12, 2023 30 CITY COUNCIL DISCUSSIONANITL4TIVES/COMMENTS ITEM#75086 (Continued) Council Member Berlucchi congratulated Council Member Ross-Hammond as one of the 2023 Women in Business Honorees for her achievement in business and the impact she has had in the community. December 12, 2023 31 CITY COUNCIL DISCUSSIONANITIATIVES/COMMENTS ITEM#7508 7 (Continued) Council Member Wooten advised she will host a Town Hall meeting regarding the Hampton Roads Recovery Center, on December 20"from 6:30—8:00 P.M. at Brandon Middle School and expressed her appreciation to the Communications staff for expediting her request for flyers. Council Member Wooten further advised that Elizabeth Mills, Vice President of Seatack Civic League, passed away and expressed her deepest condolences. Council Member Wooten advised she remembers her as a kind and strong leader for the Seatack community, expressing she will be missed. December 12, 2023 32 AGENDA REVIEW SESSION ITEM#75088 3:00 P.M. BY CONSENSUS, the following shall compose the Legislative CONSENT AGENDA: K. ORDINANCESIRES OL UTION 1. Ordinance to AUTHORIZE an Amendment of a Sponsorship Agreement for a festival to be held April 26-28, 2024, and to AUTHORIZE a Sponsorship Agreement for May 31-June 2, 2024, and PROVIDE direction to the City Manager re the 2025 Festival Season 2. Resolution to ESTABLISH the Short-Term Rental Enforcement Task Force (Requested by Mayor Dyer, Vice Mayor Wilson, and Council Members Berlucchi, Remick, Ross-Hammond, Schulman, Taylor, and Wooten) 3. Ordinance to AUTHORIZE the Dedication of a 9,708 square feet(0.223 acres) Utility Easements to Dominion Energy Virginia on City-owned properties at 2283, 2285 and 2287 Landstown Road re install and maintain underground cable for electric facilities to reduce power outrages 4. Ordinance to AUTHORIZE the Dedication of a 323 square feet(0.007 acres) Utility Easement to Dominion Energy Virginia on City-owned property at 4200 North Witchduck Road re underground and maintain facilities that provide electric service to the Pump Station to reduce power outages 5. Ordinance to AUTHORIZE the Dedication of a 1,253 square feet(0.0288 acres) Utility Easement to Dominion Energy Virginia on City-owned property at 2401 Plantation Drive re underground and maintain facilities that provide electric service to the Pump Station to reduce power outages 6. Ordinance to AUTHORIZE the Dedication of a 213 square feet(0.005 acres) Utility Easement to Dominion Energy Virginia on City-owned property at 3030 Bray Road re underground and maintain facilities that provide electric service to the Pump Station to reduce power outages 7. Ordinance to DESIGNATE as EXEMPT from Local Property Taxes re Commonwealth of Charities 8. Ordinance to DESIGNATE as EXEMPT from Local Property Taxes re K inia Beach Recovery Club,Inc 9. Ordinance to DESIGNATE as EXEMPT from Local Property Taxes re Hospice House of Hampton Roads 10. Ordinance to DESIGNATE as EXEMPT from Local Property Taxes re Only His Grace, Inc December 12, 2023 33 AGENDA REVIEW SESSION ITEM#75088 (Continued) 11. Ordinance to DESIGNATE as EXEMPT from Local Property Taxes re Skilled Foundations 12. Ordinance to DESIGNATE as EXEMPT from Local Property Taxes re Speak Up for a Change 13. Ordinance to AUTHORIZE the acquisition of an Agricultural Land Preservation(ARP)easement from Muddy Creek Farms, LLC (143.38 +/- acres), the issuance by the City of its contract obligations in the maximum principal amount of$2,025,959 and TRANSFER funds to purchase U.S. Treasury Strips 14. Ordinance to AUTHORIZE the City Manager to EXECUTE a Lease for City-owned property for up to five (5) years at Virginia Beach Farmer Markets, Building 2, Space 12 re The Country Butcher Shop,Inc 15. Ordinance to ACCEPT and APPROPRIATE$196,004 from the State Compensation Board to the FY 2023-24 Clerk of Circuit Court Operating Budget re salary increase K. ORDINANCESIRESOL UTION: COUNCIL MEMBER WOOTEN WILL ABSTAIN ON ITEM W VICE MA YOR WILSON WILL ABSTAIN ON ITEMS 0, 4, 5, 6 December 12, 2023 34 AGENDA REVIEW SESSION ITEM#75088 (Continued) BY CONSENSUS, the following shall compose the Planning CONSENT AGENDA: L. PLANNING 1. RUFFIN 86, LLC for a Variance to Section 4.4(c) of the Subdivision Regulations re demolish three(3)dwelling units to construct one single family dwelling at 109 A &B 86th Street&8600 Ocean Front Avenue DISTRICT 6 2. BONNEY BRIGHT SAND CO. /BONNEY G. BRIGHT for a Modification of Conditions to a Conditional Use Permit re borrow pit expansion at 200 Princess Anne Road DISTRICT 2 3. "BERLY CARTER/LONGBAY POINT PARTNERS, LLC for a Modification of Conditions to a Conditional Use Permit re assembly use at 2105 West Great Neck Road DISTRICT 8 4. MICHAEL D.SIFEN,INC/ROBERT W. WHITE JR. &ET AL,ROBERT W. WHITE JR.for a Conditional Chan-ae of Zoning from AG-1 & AG-2 Agricultural Districts to Conditional R-10 Residential District re develop a 38-lot single-family subdivision at 2000& 2004 Princess Anne Road DISTRICT 2 5. ANNA CASTILLO-LORA/WINDSOR OAKS WEST PAR 3,LLCfor a Conditional Use Permit re assembly use at 4356 Holland Road, Suite 101 DISTRICT 3 6. Ordinance to AMEND Section 1804 of the City Zoning Ordinance (CZO) re Discretionary Development Applications 7. Ordinance to AMEND Sections 237 and 901 of the City Zoning Ordinance(CZO)re use of mini- warehouses in the B-4C Zoning District L. PLANNING ITEMS. ITEM#1 WILL BE CONSIDERED FOR DEFERRAL TO JANUARY 2,2024 COUNCIL MEMBER TAYLOR WILL ABSTAIN ON ITEM#4 COUNCIL MEMBER HENLEY WILL VOTE VERBAL NA Y ON ITEM#6 COUNCIL MEMBER TAYLOR WILL VOTE VERBAL NAYONITEM#7 December 12, 2023 35 ITEM#75089 Mayor Robert M. Dyer entertained a motion to permit City Council to conduct its CLOSED SESSION, pursuant to Section 2.2-3711(A), Code of Virginia, as amended,for the following purpose: PUBLICLY HELD PROPERTY: Discussion or consideration of the, acquisition of real property for public purpose; or of the disposition of publicly-held property, where discussion in an open meeting would adversely affect the bargaining position or negotiating strategy of the public body pursuant to Section 2.2-3711(A)(3). • District 2 • District 4 • District 9 PUBLIC CONTRACT: Discussion of the award of a public contract involving expenditure of public funds, and discussion of terms or scope of such contract, where discussion in an open session would adversely affect the bargaining position or negotiating strategy of the public body pursuant to Section 2.2-3 711(A)(29) • Project Football • Canopy Project • Air Rail Commerce Park • Veterans Administration Project PERSONNEL MATTERS: Discussion, consideration, or interviews of prospective candidates for employment, assignment, appointment, promotion, performance, demotion, salaries, disciplining or resignation of speck public officers, appointees or employees of any public body pursuant to Section 2.2-3711(A)(1) • Council Appointments: Council, Boards, Commissions, Committees,Authorities,Agencies and Appointees December 12, 2023 36 ITEM#75089 (Continued) Upon motion by Council Member Ross-Hammond, seconded by Council Member Berlucchi, City Council voted to proceed into CLOSED SESSION at 3:15 P.M. Voting: 9-0 Council Members Voting Aye: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash"Schulman, Vice Mayor Rosemary Wilson and Sabrina D. Wooten Council Members Absent: Chris Taylor stepped out during vote Closed Session 3:15 P.M. — 3:23 P.M. Break 3:23 P.M. — 3:35 P.M. Closed Session 3:35 P.M. — 5:34 P.M. December 12, 2023 37 FORMAL SESSION VIRGINIA BEACH CITY COUNCIL DECEMBER 12,2023 6:00 P.M. Mayor Dyer called to order the FORMAL SESSION of the VIRGINIA BEACH CITY COUNCIL in City Council Chamber, City Hall, on Tuesday, December 12, 2023, at 6.00 P.M. Council Members Present: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash" Schulman, Chris Taylor, Vice Mayor Rosemary Wilson and Sabrina D. Wooten Council Members Absent: None INVOCATION: Pastor Terrance Livingston, Shadowlawn Church MOMENT OF SILENCE PLEDGE OF ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA CITY COUNCIL DISCLOSURES: Vice Mayor Rosemary Wilson DISCLOSED that she is a real estate agent affiliated with Howard Hanna Real Estate Services ("Howard Hanna'), who's Oceanfront Office is located at 303 341h Street Suite 102, Virginia Beach, VA 23451. Because of the nature of realtor and real estate agent affiliation, the size of Howard Hanna, and the volume of transactions it handles in any given year,Howard Hanna has an interest in numerous matters in which she is not personally involved and of which she does not have personal knowledge. In order to ensure her compliance with both the letter and the spirit of the State and Local Government Conflict of Interests Act (the `Act'), it is her practice to thoroughly review the agenda for each meeting of City Council for the purpose of identifying any matters in which she might have an actual or potential conflict. If,during her review of the agenda for any given meeting of the Council,she identifies a matter in which she has a 'personal interest," as defined in the Act, she will file the appropriate disclosure letter to be recorded in the official records of the City Council. Vice Mayor Wilson regularly makes this disclosure. Her letter of February 20, 2018 is hereby made part of the record. December 12, 2023 38 Council Member Remick DISCLOSED that he is employee of Colliers International Virginia, LLC, ("Colliers')which is a commercial real estate services company. Because of the size and nature of Colliers and the volume of transactions it handles in any given year, Colliers has an interest in numerous matters in which he is not personally involved and has no personal knowledge. In that regard, he is always concerned about the appearance of impropriety that might arise if he participates in a matter before the City Council in which Colliers has an interest in the transaction and he has no personal knowledge of that interest. In order to ensure compliance with both the letter and the spirit of the State and Local Government Conflict of Interests Act (the "Act'), it is Council Member Remick's practice to thoroughly review the agenda for each meeting of the City Council to identify any matters in which he might have an actual or potential conflict. If, during review of the agenda for a Council meeting, he identifies a matter in which he has a "personal interest,"as defined by the Act, either individually or as an employee of Colliers, he will file the appropriate disclosure or abstention letter to be recorded in the official records of the City Council. December 12, 2023 39 V.F CERTIFICATION ITEM#75090 Upon motion by Council Member Ross-Hammond, seconded by Council Member Schulman, City Council CERTIFIED THE CLOSED SESSION TO BE INACCORDANCE WITH THE MOTION TO RECESS Only public business matters lawfully exempt from Open Meeting requirements by Virginia law were discussed in Closed Session to which this certification resolution applies. AND, Only such public business matters as were identified in the motion convening the Closed Session were heard, discussed or considered by Virginia Beach City Council. Voting: 10-0 Council Members Voting Aye: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash" Schulman, Chris Taylor, Vice Mayor Rosemary Wilson and Sabrina D. Wooten Council Members Absent: None *Council Member Schulman stepped out during the discussion of Publicly Contract—Project Football (4:34—5:38 P.M.) due to a conflict of interest. *Council Member Remick stepped out during the discussion of Public Contract Air Rail Commerce Park (4:25—4:38 P.M.) due to a conflict of interest: December 12, 2023 U,p I 94 �lt hti F OUR NPZ`0 RESOL UTION CERTIFICATION OF CLOSED SESSION VIRGINIA BEACH CITY COUNCIL WHEREAS: The Virginia Beach City Council convened into CLOSED SESSION,pursuant to the affirmative vote recorded in ITEM#75089 on Page 36 and in accordance with the provisions of The Virginia Freedom of Information Act; and, WHEREAS:Section 2.2-3712 of the Code of Virginia requires a certification by the governing body that such Closed Session was conducted in conformity with Virginia law. NOW, THEREFORE,BE IT RESOLVED:That the Virginia Beach City Council hereby certifies that, to the best of each member's knowledge, (a) only public business matters lawfully exempted from Open Meeting requirements by Virginia law were discussed in Closed Session to which this certification resolution applies; and, (b) only such public business matters as were identified in the motion convening this Closed Session were heard, discussed or considered by Virginia Beach City Council. nwnk/ - 4941a`Bilrnes, uc City Clerk December 12, 2023 40 ITEM— V GJ MAYOR'S PRESENTATION ITEM#75091 RESOLUTION IN RECOGNITION NORFOLK ACADEMY FIELD HOCKEY On behalf of Mayor Dyer, Council Member Berlucchi welcomed the players and coaches of the Norfolk Academy Field Hockey team and read the Resolution commending the team on winning the state championship this year. On behalf of the team, the team captains expressed their appreciation to City Council for this recognition and expressed their pride in the team for the hard work each member put in all year to achieve the title for state champions and the number two ranking in the country. December 12, 2023 o�4G,��B�cyL' 2 SO � tr F Or OUR NRTa RESOLUTION WHEREAS:The Norfolk Academy Field Hockey team won the Virginia Independent Schools Athletic Association(VISSA) State Championship on Saturday,November 11,2023;and WHEREAS: The 2023 Norfolk Academy Field Hockey team is also the Tidewater Conference of Independent Schools (TCIS)Regular and Tournament Champions;and WHEREAS:Norfolk Academy Field Hockey earned an UNDEFEATED 2023 season,with a 23-0 record,and WHEREAS:Norfolk Academy Field Hockey scored 189 goals in the 2023 season;and WHEREAS:Only 12 goals were scored against them;and WHEREAS:The majority ofplayers and the Head Coach reside in the City of Virginia Beach;and WHEREAS:The Norfolk Academy Field Hockey team Head Coach is Mary Werkheiser and Assistant Coaches are Laura Gibson and Catherine McCallum;and WHEREAS:Coach Werkheiser joined Norfolk A cademy's Field Hockey program in 1989 and became head coach in 1995; and WHEREAS: The 2023 Virginia Independent Schools Athletic Association (VISSA) State Championship State Championship is the 5'°Championship Norfolk Academy Field Hockey has earned under Coach Werkheiser's leadership; and WHEREAS:Coach Werkheiser was inducted into the USA Regional Field Hockey Training Center Ring of Honor in 2019; and WHEREAS:Norfolk Academy's Director of Athletics is Chad Byler and Head of School is Travis Larrabee;and NOW THEREFORE, BE IT RESOLVED: The members of City Council, both individually and collectively hereby commend the Norfolk Academy Field Hockey team for their commitment,efforts,and achievement on and off the field and congratulate each member of the team,Head Coach Mary Werkheiser,Assistant Coaches Laura Gibson and Catherine McCallum,Director ofAthletics Chad Byler,Head of School Travis Larrabee,and the entire Norfolk Academy community.. Adopted by the City Council of the City of Virginia Beach the 12't'day of December 2023 andpresent this Resolution duly signed by each Member of the Virginia Beach City Council. 1/5 ,t, P. Council Member Michael F.Berlucchi Council Member Barbara M.Henl efl 79WA._ Counc e'm,beerr,R.obbert W "Worth"Remick Council Member Amelia N.Ross-Hammond Uncil� ember Jen er Rouse Council Member Joashua F.'Joash"Schulman Council Mehtr Chris Taylor ouncil ber Sa 'na D.Wooten Vice Mayor Adsemary Wilson Mayor Robert M. "Bobby"Dyer 41 ITEM— V.JI FORMAL SESSION AGENDA ITEM#75092 Mayor Dyer read the Speaker Policy and advised for items where only one(1)speaker is registered, the City Clerk will call the speaker and they will be given a total of six(6)minutes to speak on all items. The City Clerk called the following registered speakers: Gary McCollum, 3901 Meeting House Road, Phone: 708-5987, spoke to request Ordinance K.1, be deferred until the 90-Day Festival Task Force completes their recommendations Tasos Tsolakis, 2948 Buccaneer, Phone: 651-4834, spoke in OPPOSITION to Planning Item L.3 Upon motion by Vice Mayor Wilson, seconded by Council Member Berlucchi, City Council APPROVED, BY CONSENT,Agenda Items Ordinances/Resolution K. 1,2,3,4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14 and 15 and Planning Items L: ](DEFERRED TO JANUARY2, 2024),2,3, 4, 5, 6 and 7 Voting: 10-0 Council Members Voting Aye: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash" Schulman, Chris Taylor, Vice Mayor Rosemary Wilson and Sabrina D. Wooten Council Members Absent: None December 12, 2023 42 ITEM— V.KI ORDINANCES/RESOLUTION ITEM#75093 Upon motion by Vice Mayor Wilson, seconded by Council Member Berlucchi, City Council ADOPTED, AS AMENDED,BY CONSENT, Ordinance to AUTHORIZE an Amendment of a Sponsorship Agreement for a festival to be held April 26-28, 2024, and to AUTHORIZE a Sponsorship Agreement for May 31- June 2, 2024, and PROVIDE direction to the City Manager re the 2025 Festival Season Voting: 9-0 Council Members Voting Aye: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash" Schulman, Chris Taylor and Vice Mayor Rosemary Wilson Council Members Abstaining: Sabrina D. Wooten Council Members Absent: None December 12, 2023 1 AN ORDINANCE TO AUTHORIZE THE AMENDMENT OF A 2 SPONSORSHIP AGREEMENT FOR A FESTIVAL TO BE 3 HELD APRIL 26-28, 2024, TO AUTHORIZE A 4 SPONSORSHIP AGREEMENT FOR A FESTIVAL TO BE 5 HELD MAY 31-JUNE 2, 2024, AND TO PROVIDE 6 DIRECTION TO THE CITY MANAGER REGARDING THE 7 2025 FESTIVAL SEASON 8 9 WHEREAS, on August 15, 2023, the City Council authorized the City Manager to 10 enter into a sponsorship agreement with Audacy Virginia, LLC, for a fall music festival; 11 12 WHEREAS, due to timing constraints, the fall music festival was placed on hold; 13 and 14 15 WHEREAS, separately, the City received notice that the Something in the Water 16 Festival in 2024 cannot be held on its customary date of Week 17, which makes the 17 weekend available for programming and allows previously allocated funding in the 18 Tourism Investment Program (TIP) Fund to be redeployed for other projects; 19 20 NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF 21 VIRGINIA BEACH, VIRGINIA, THAT: 22 23 1. The August 15, 2023, action of the City Council is hereby amended to authorize 24 the City Manager to execute a sponsorship agreement with Audacy Virginia, LLC, 25 in a form acceptable to the City Manager and approved by the City Attorney for a 26 music festival to be held April 26-28, 2024. A summary of proposed terms is 27 attached hereto as Exhibit A. 28 29 2. From funds previously set aside in the FY2023-2024 TIP Fund for a sponsorship 30 of Something in the Water, the City Council hereby authorizes the City Manager to 31 execute a sponsorship agreement with Integrated Management Group, LLC, doing 32 business as IMGoing, in a form acceptable to the City Manager and approved by 33 the City Attorney for a festival to be held May 31-June 2, 2024. A summary of the 34 proposed terms is attached hereto as Exhibit B. 35 36 3. The City Manager is hereby directed to undertake a competitive process for the 37 2025 festival season. The City Manager shall provide the City Council with a 38 written report outlining the process and the requirements in advance of the posting 39 of the solicitation. Adopted by the Council of the City of Virginia Beach, Virginia on the 12 t h day of December, 2023. APPROVED AS TO CONTENT- APPROVED AS TO LEGAL SUFFICIENCY Conve ion a d Visitors Bureau Lleeg's office CA16386 / R-1 December 7, 2023 EXHIBIT A SUMMARY OF SPONSORSHIP Purpose: To have a music festival(the"Festival")the weekend of April 26-28,2024,at the Oceanfront using the 31`Street beach area with a stage facing south. Parties: City of Virginia Beach("City")and Audacy Virginia,LLC("Producer") City Financial Sponsorshi: $750,000 that was previously approved and appropriated on August 15, 2023, from the TIP Fund. The$750,000 will be paid upon the execution of the sponsorship agreement. City In-Kind Contributions: City Public Safety and Public Works personnel already programmed for College Beach Weekend, which is estimated to be approximately$590,000.Nothing in the sponsorship agreement may limit the City's discretion to staff and deploy City personnel or other City resources. Responsibilities of the Producer: The Producer will provide$750,000 in dedicated media buy to be used in calendar 2024 by the City in tourism markets as identified by the City. The Producer will create a festival with the general outline as follows: o Pop or rock music format that will draw patrons from across the Mid-Atlantic Region; o Include community partnerships and programming for the 17'and 24'Street parks; and o Spend approximately$1.5 million in advertising to promote the three-day Festival on Audacy platforms throughout the Mid-Atlantic and traditional Virginia Beach tourism feeder markets. Provide Festival attendance and sponsor information for safety/security and economic impact purposes. Provide a high-level budget for the Festival including the following categories: marketing;production;talent; operations; and security. Limitations: The City's financial sponsorship shall not be used for religious worship, instruction, or proselytizing. EXHIBIT A—ALTERNATIVE VERSION SUMMARY OF SPONSORSHIP Purpose: To have a music festival(the"Festival")the weekend of April 26-28,2024,at the Oceanfront using the 31It Street beach area with a stage facing south. Parties: City of Virginia Beach("City")and Audacy Virginia,LLC("Producer") City Financial Sponsorship: $750,000 that was previously approved and appropriated on August 15, 2023, from the TIP Fund. The$750,000 will be paid upon the execution of the sponsorship agreement. City In-Kind Contributions: City Public Safety and Public Works personnel already programmed for College Beach Weekend, which is estimated to be approximately$590,000.Nothing in the sponsorship agreement may limit the City's discretion to staff and deploy City personnel or other City resources. Responsibilities of the Producer: The Producer will provide$750,000 in dedicated media buy to be used in calendar 2024 by the City in tourism markets as identified by the City. The Producer will create a festival with the general outline as follows: o Popular music(Pop,R&B,Rap,Contemporary)format that will draw patrons from across the Mid-Atlantic Region; o Include community partnerships and programming for the 17t'and 241'Street parks; and o Spend approximately$1.5 million in advertising to promote the three-day Festival on Audacy platforms throughout the Mid-Atlantic and traditional Virginia Beach tourism feeder markets. Provide Festival attendance and sponsor information for safety/security and economic impact purposes. Provide a high-level budget for the Festival including the following categories: marketing;production;talent; operations; and security. Limitations: The City's financial sponsorship shall not be used for religious worship,instruction, or proselytizing. G1N�'B4C 04 City of Virginia Beach w X.. �Z 2 �2 OF OUR VBgov.com December 12,2023 Sabrina D.Wooten CELL:(757)797-5625 Council Member P.O.Box 6665 District 1-Centerville VIRGINIA BEACH,VA 23456 EMAIL:swooten@vbgov.com Refer to File No. 0085701 Mrs. Amanda Barnes City Clerk Municipal Center Virginia Beach,Virginia 23456 Re: Disclosure and Abstention Pursuant to Virginia Code § 2.2-3115(F) Dear Mrs. Barnes: Pursuant to the Virginia Conflict of Interests Act, Sections 2.2-3115(F), Code of Virginia, I make the following declarations: 1. I am executing this written disclosure regarding the City Council's discussion and vote on the ordinance to authorize the amendment of a sponsorship agreement for a festival to be held April 26-28, 2024, to authorize a sponsorship agreement for a festival to be held May 31-June 2, 2024, and to provide direction to the City Manager regarding the 2025 festival season. 2. The ordinance authorizes the City Manager to execute a festival sponsorship agreement with Integrated Management Group, LLC (d/b/a IMGoing). IMGoing disclosed that Atlantic Union Bank is a financial services provider with respect to the festival. I have business dealings with Atlantic Union Bank,which has multiple locations in Virginia Beach, including at 5472 Indian River Road, Virginia Beach, Virginia 23464. 3. I will abstain from voting on this matter. I respectfully request that you record this declaration in the official records of the City Council. Thank you for your assistance in this matter. Sincerely, wtg- Sabrina D. Wooten Councilmember SDW/RRI 43 ITEM— V.K.2 ORDINANCESIRESOL UTION ITEM#75094 Upon motion by Vice Mayor Wilson, seconded by Council Member Berlucchi, City Council ADOPTED, BY CONSENT, Resolution to ESTABLISH the Short-Term Rental Enforcement Task Force (Requested by Mayor Dyer, Vice Mayor Wilson, and Council Members Berlucchi,Remick,Ross-Hammond, Schulman, Taylor, and Wooten) Voting: 10-0 Council Members Voting Aye: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash" Schulman, Chris Taylor, Vice Mayor Rosemary Wilson and Sabrina D. Wooten Council Members Absent: None December 12, 2023 REQUESTED BY MAYOR DYER, VICE MAYOR WILSON, AND COUNCILMEMBERS BERLUCCHI, REMICK, ROSS-HAMMOND, SCHULMAN, TAYLOR AND WOOTEN 1 A RESOLUTION ESTABLISHING THE SHORT TERM 2 RENTAL ENFORCEMENT TASK FORCE 3 4 WHEREAS, the City's Zoning Ordinance regulates short term rentals, and the 5 taxation chapter of the City Code addresses the transient occupancy tax with respect to 6 short term rental operators; 7 8 WHEREAS, enforcement of the City Code provisions has been challenging due to 9 the nature of short term rentals and the fact that, under state law and the City ordinances, 10 short term rental properties are subject to different requirements based on their location 11 and their grandfathered status, or they may be prohibited; 12 13 WHEREAS, during the November 28, 2023, City Council workshop, City staff gave 14 a public presentation that addressed, among other things, short term rental properties 15 that are not compliant with City Code requirements or that are only partially compliant 16 with those requirements; 17 18 WHEREAS, the City Council would benefit from having a task force review the 19 challenges to regulatory enforcement and recommend to the City Council steps that the 20 City could take to improve compliance, as well as recommendations for how the City's 21 limited number of enforcement employees could best prioritize their enforcement efforts; 22 and 23 WHEREAS, the task force could also consider City recognition of short term rental 24 owners who comply with all short term rental regulations as a positive reinforcement and 25 as a form of recognition that could inventive potential guests to choose their short term 26 rental; 27 28 NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF 29 VIRGINIA BEACH, VIRGINIA, THAT: 30 31 1. The City Council hereby establishes the Short Term Rental Enforcement Task 32 Force. 33 34 2. The task force shall serve in an advisory capacity to the City Council, and the 35 City Council shall appoint its members. 36 37 3. The task force shall consist of eight voting members. 38 39 4. The City Manager shall provide staff support to the task force, including 40 representatives of the Planning Department and an employee of the City Manager's 41 Office with legislative expertise, and one or more members of the City Attorney's Office 42 shall provide legal support. The Commissioner of Revenue is asked to support the task 43 force by having a representative attend task force meetings. 44 45 5. The task force shall study the many aspects of short term rental enforcement 46 and registration, including grandfathered properties, and recommend to the City Council 47 ways in which enforcement and registration could be improved, including prioritization of 48 enforcement efforts and consideration of City recognition of short term rental owners who 49 are fully compliant with all short term rental regulations. 50 51 6. Given the complexity of short term rental enforcement, this resolution does not 52 impose a deadline for the work of the task force, but because the regulation of short term 53 rentals impacts the quality of life for the City's residents, the Council asks that the task 54 force work expeditiously to provide their recommendations to the City Council. 55 56 7. Absent further action by the City Council, the task force will automatically 57 dissolve upon its submittal of its recommendations. Adopted by the Council of the City of Virginia Beach, Virginia, on the 12 t h day of December , 2023. APPROVED AS TO LEGAL SUFFICIENCY: City Attorney's Office CA16385 R-5 December 5, 2023 44 ITEM— V.K.3 ORDINANCES/RESOLUTION ITEM#75095 Upon motion by Vice Mayor Wilson, seconded by Council Member Berlucchi, City Council ADOPTED, BY CONSENT, Ordinance to AUTHORIZE the Dedication of a 9,708 square feet (0.223 acres) Utility Easements to Dominion Energy Virginia on City-owned properties at 2283, 2285 and 2287 Landstown Road re install and maintain underground cable for electric facilities to reduce power outrages Voting: 9-0 Council Members Voting Aye: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash"Schulman, Chris Taylor and Sabrina D. Wooten Council Members Abstaining: Vice Mayor Rosemary Wilson Council Members Absent: None December 12, 2023 1 AN ORDINANCE AUTHORIZING THE DEDICATION 2 OF 9,708 SQ. FT. (0.223 ACRES) OF UTILITY 3 EASEMENTS ON CITY-OWNED PROPERTIES 4 LOCATED AT 2283, 2285 AND 2287 LANDSTOWN 5 ROAD TO DOMINION ENERGY VIRGINIA 6 7 WHEREAS, the City of Virginia Beach (the "City") owns parcels of land 8 located at 2283, 2285 and 2287 Landstown Road (GPINs: 1484-94-8243, 1484- 9 84-1996, and 1484-74-8490) (collectively, the "Property"); 10 11 WHEREAS, Dominion Energy Virginia ("Dominion") has requested that the 12 City dedicate 9,708 +/- sq. ft. of utility easements over portions of the Property, as 13 shown on the plats attached hereto as Exhibit A (collectively, the "Easements"); 14 and 15 16 WHEREAS, the Easements would allow Dominion to install and maintain 17 underground cable, which would provide electrical service to adjacent properties 18 and reduce the likelihood of outages in storm events. 19 20 NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE 21 CITY OF VIRGINIA BEACH, VIRGINIA: 22 23 That the City Manager, or his designee, is hereby authorized to execute any 24 documents necessary to dedicate the Easements to Dominion, subject to such 25 terms, conditions and modifications as may be acceptable to the City Manager and 26 in a form deemed satisfactory by the City Attorney. 27 28 Adopted by the Council of the City of Virginia Beach, Virginia on the 12 t h 29 day of D e c e m b e r2023. APPROVED AS TO LEGAL APPROVED AS TO CONTENT SUFFICIENCY 6 1- //,/,"� ) - `�I!,2 'L - dwAtl�lney blic Works, R al Estate CA 16239 R-1 November 20, 2023 \\vbgov.com\dfs1\applications\citylaw\cycom32\wpdocs\d030\p041\00909501.docx f��t -`. J. L SIENUPotONF1t MTUN FORTIE7 MTNMKD ON VIR61MA71ATE PVNE WURGMAIE T'7TP[. ___� ... 1- � f011R1II)IIS NORMMrBptA4 d,T019Wt0J IIAlny N.A 7URVEY FCUly CIlYawtumA7ercN CBRVE C / Mq[V COMR040l7rtntNIwAS VFFL r07t1IAt1H1000PUI1MT65 FOR1Nf pF0YST. -���- EXHIBIT A - / ; TNIRMTI6 FUP AC4H1RIfNIPUN`06Eemly H,U OOEH NOT UOIOntUIE NBONgMr NRVEY. -IIIL Bii,w T1YNi10 C110RD 4XIBI0 %% wNBBMLG6Y A IrEPRaGPTT U,El FNDMi/6NVN1WTIi MTME WFU ImRI N+KTUY FIElD e1lXVErM I P � ��7f`7l11 11VT 70w MN'w�Nf •. -/ CONIlJt TEIY RI,EiIM FPq,Mnar00F®;OF PECON0. p �X 07,17 1yry}1 {A( L71. 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IDAW 1rOT•t#aelr 1LLrar.r.r ; � 1 pe..iaf o� ! rPKTt.MU,e t� tic�� `"'—'��t�.a. --•-r„�.'•-'•.-.,•,.,,,,�.�„�., .S i a }g � � "fin taPa ti sir's^,a w orooN.,u,.xt5 SDDMMx@aR3YNNryNt; �11 �z • "� �, �_ EVpIt.TTU.Ta� FAAEA1EMMCEM�iIRE� cI •r""v wt+efi ' 4-IetttaxlW eNEROY NIONN Pr.PTTNM TiaRea1Ne119E !t tt'WMCVpI6laTor NRaMA �� aeserRrro rEK'aINREC Npp�'M10,000o83Ie0 N4 NEVKPVeMeAerIEwT �i 5 TM)xal1.6PU1 rleia.xN,Mn,aoonnl0 PA9FNEMroeF KOu'M-O s'�^I war_tm,e � � � aAN-taVMfNS �n aliN aPNTaMN er Pl I MeT,W.IDxmrsaWeevla � I �� wn-tNw n,ne e+ST,Na m,minmeoeeenPUT mvNP,amueEActs - iMrrM xlxlYxr61x5 irMWE5LE0RbSS GIdENEYi McT,.O.x1501Amro50T0AAT f t 1' �'• MA 1,41.ri I 1 & LNIE TA .aua7 A>ta.Yx'OGTA TAIxYK'nI0110 xlrtle IM aU1rw e1nANq'1rE MMNO emlfoe uta eaNler -owena _ .0 a wtw 1e-etle''Hw mm NNrweew � NG Y u.wrs rs Y lae'r tle rs tx 'rIllllw /ef d,LTX 4� 7S FABEMENT TOOBE ACQUIRED .@ 'fs wtwf e•+m ear wuf fnv Y er'trfn eur u_ sewn•xrY aw I su afrsws taw �6 _ FOR I - DOMINION ENERGY MRGINIA o Iaer atuo @Rr1S' W Nw N!f'QfM a�aTNW 1RA Y O��IN ,iH--y�lx Nrgwa rw DALB6 FROM q `rer rtw W'1JY6• T.r/' lair txrAwW M rI MMYY ftA :lx rrweYa ,Yr I L. ar 1fM ..lf,b O VIRGINW. M Nt as THE MT•OF BEACH rMGINIrB,. r _-eetx x_,nz a5,�_,n.w mrrsx u eern•a Lxti tY, i erasers av w �ess+n;.Kw `+A.o evx� cs.e r.5e eerfxaea,.aos _ — u rl•frfn, aw ux �twsvtn xw to Rswww fur esr eNAwNovAt T¢tel6AextEpNOEataNOBt1I/N TO1N6 CeteaYrteirOfllaaoleLrnr, THE FISHEL COMPANY wllFalf M aTltiti YJe6l11v11M(rITM nAT. eaeweuaner AsreAR ram rmuv®:_— _�oAre,� mevAw erREEr.c�e.�.xr9raAma riw" arms— neA r,.rn wetasE f Foeaoig AXomtTwBAppee an:af N RD w S f INSERT SCALE: 1" = 100' SEE INSERT dew wo , V Ff Art T s Y, 4 I I 0 r � 40 �t +p Legend LOCATION NEAP 1484-74-U90 PROPOSED DOMINION POWER EASEMENT Q 1484-84-1 sss G PI N 1484-74-8490 j�1484-94-8243 G P I N 1484-84-1996 �'�"r b J' '- G PI N 1484-94-8243 {XX Dominion Power Easement City Properties Feet 0 205 410 820 ?repared by P.Vvxi ng.,; ng. -upport Services`ureau,_.� 3 X\CADDiProjects\ARC FilesIAGENDA MAPS\Crty Pro perty\'484-74-849W484-74-8490 Aenal.mxc sCity of Virgiriia Beach f k' y 2 OF OUR NATO VBgoveom ROSEMARY WILSON PHONE:(757)422-0733 VICE MAYOR RCWilson(a�vbaov.com COUNCIL MEMBER-DISTRICT 5 December 12, 2023 In Reply Refer to 0085703 Mrs. Amanda Barnes City Clerk Municipal Center Virginia Beach, Virginia 23456 Re: Abstentions Pursuant to Virginia Code § 2.2-3115(F) Dear Mrs. Barnes: Pursuant to the Virginia Conflict of Interests Act, I make the following declarations: 1. I am executing this written disclosure regarding the City Council's consideration of four ordinances that authorize dedication of utility easements on City-owned property to Dominion Energy Virginia at the following locations: a. 9,708 sq. ft. at 2283, 2285, and 2287 Landstown Road b. 323 sq. ft. at 4200 N. Witchduck Road c. 1,253 sq. ft. at 2401 Plantation Drive; and d. 213 sq. ft. at 3030 Bray Road. 2. I have a personal interest in Dominion Energy. Its corporate street address is 120 Tredegar Street, Richmond, Virginia 23219. 3. I hereby disclose this interest, and I will abstain from the City Council's consideration of these items. I respectfully request that you record this declaration in the official records of the City Council. Thank you for your assistance in this matter. Sincerely, Rosemary A son ry Vice Mayor RAW/RRI 921 ATLANTIC AVENUE,UNIT 502,VIRGINIA BEACH,VIRGINIA 23451 45 ITEM— V.K.4 ORDINANCES/RESOLUTION ITEM#75096 Upon motion by Vice Mayor Wilson, seconded by Council Member Berlucchi, City Council ADOPTED, BY CONSENT, Ordinance to AUTHORIZE the Dedication of a 323 square feet (0.007 acres) Utility Easement to Dominion Energy Virginia on City-owned property at 4200 North Witchduck Road re underground and maintain facilities that provide electric service to the Pump Station to reduce power outages Voting: 9-0 Council Members Voting Aye: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash"Schulman, Chris Taylor and Sabrina D. Wooten Council Members Abstaining: Vice Mayor Rosemary Wilson Council Members Absent: None December 12, 2023 1 AN ORDINANCE AUTHORIZING THE DEDICATION 2 OF A 323 SQ. FT. (0.007 ACRES) UTILITY 3 EASEMENT ON CITY-OWNED PROPERTY 4 LOCATED AT 4200 N. WITCHDUCK ROAD TO 5 DOMINION ENERGY VIRGINIA 6 7 WHEREAS, the City of Virginia Beach (the "City") owns a parcel of land 8 located at 4200 N. Witchduck Road (GPIN: 1478-96-2404) (the "Property"), which 9 is improved with a City-owned pump station (the "Pump Station"); 10 11 WHEREAS, Dominion Energy Virginia ("Dominion") has requested that the 12 City dedicate a 323 +/- sq. ft. easement over a portion of the Property as shown 13 on the plat attached hereto as Exhibit A (the "Easement"); and 14 15 WHEREAS, the Easement would allow Dominion to underground and 16 maintain facilities that provide electric service to the Pump Station and adjacent 17 properties, thereby reducing the likelihood of outages in storm events. 18 19 NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE 20 CITY OF VIRGINIA BEACH, VIRGINIA: 21 22 That the City Manager, or his designee, is hereby authorized to execute any 23 documents necessary to dedicate the Easement to Dominion, and subject to such 24 terms, conditions and modifications as may be acceptable to the City Manager and 25 in a form deemed satisfactory by the City Attorney. 26 27 Adopted by the Council of the City of Virginia Beach, Virginia on the 12 t h 28 day of December , 2023. APPROVED AS TO LEGAL APPROVED AS TO CONTENT SUFFICIENCY 6WOO' m# bli Works- Real Estate CA16260 \\vbgov.com\dfs 1\applications\citylaMcycom32\wpdocs\d013\p048\00925963.docx R-1 November 20, 2023 THIS ORDINANCE REQUIRES AN AFFIRMATIVE VOTE OF THREE-FOURTHS OF ALL COUNCIL MEMBERS EXHIBIT A ,t � ••� BAYHILL HOMEOYMERSASSOCIATION,MC. IYNRMMBNRNFA Y �i vICB MW om-fan raga Row-ta0erua t t'•im! DAE CHAN AN CRY OFVNVI BEACH f walR•lmtalwmao mI[I ( �BA.aa.IRGI V.plBOB mM-taarsm j wstrtsaemrxatn.ss-wAT �. ! -w° 1 I/ ny�iB Y Mi.LOGSIDM ' IOTA w -09 mIn— ! 3 y. INS YIIbMRMaon Nate. •.> 3 i alONU1ENf LEGEND s A esr' { of aMlp XUTHM •m(n-wOR 1 VARIABIPYAGTH RM/ 7F 1 Q1d.T• P. )45Ad 6di.P.Z0(MA.TB.P.ZR) wriQeR wu/--1 (M$107•P.L�MSTRt200909950N1R55 mpT i UE TARP 1 __W FsnY F�J UMi eEMrr iBNCR1 7dAC-- • \ �m \\ ®F It 6M'SI IIW •m --"•� 4aXt \ \� ct u aNramw nm I Sqt\gR ..... WAVE TABLE... _u �Nl ZI.lW e4 ImiES a P� t�A. f11OE ML R[ON 06A TN[RFMf andm Ctdlm �u M�Ysaf6 RQ r rMrIC� m{Fl ar•E � �k lL' KQQW 7,m t.RORIxAusrncnla GTUR trVIwIRRCI pLs.aw\tYwoR�aTTNr tnnMwesnnl verarrtRaos -� �•�! 1 PLATSHO"NO annRawntALnro Esr cuRtcoweoaw\sawRTHswmRer' EASEMENT TO BE ACQUIRED i mawAre[ae�aoaa+nwxwroaesaR.w000calmwlafi+nRAswaArawtcc FOR ].TNEMmERIVIMEa MNMEA09OMI el TNCPUT ARE tAOIDItbi Nl ACD1Ki6D6MIW m DOMINION ENERGY VIRGIMA TBAAIFW6Ue[RDB rtAT6/am CFlma aFRECORO, FATABLE OOMINIOR ENEmmmoy IMA FROM AR a Trr[4TMtV mEVAren wt[Itntnla;OEeanT[ac ATmRA[penr. —__.__ rABFI�fR mITM#MMY DATA THE CITY OF WG►dA BEACH tMACEt... ':sgtN1EFRR .Roos _ C FAe9wtt TO6E ACaIPF➢av SF.0 wwraamRaes _ Oar. Caw Rive MT. t)it-tQI eGIL�f.N NO`A1Bt t.1aFl MA6\0E1HfIf FNT110wLTPMO[ARPe90CECMaf cBtmYIn TOTIFCtleELllEa99[t11ERgwawl[.RmHll dltTMER tOaE ILCUwEO IWegCPW darmR N�HW aw�xT w�o�ncrtEw N�ta��Y•EAafs'FMa.MOmEn 1VwICMIriPlRlorariw.[Iw TW _..— THE flBNEL GOMPANT ttDui Exta•vawECe[tw09pV[ICY 11m MT. DMgwwYEAOIBIfIMIFlR6 ® NI�BIW iA5�VTOBEACIXIII® Nat'RONYIPEFS.[10•PFN?v NL4Ht.8p I'AaIICA�, wlE I>57)RI[•taw OECICIIDFw#A RGiD w'AtdVr�wlKaw• _ _._ WARRlalrtl C I. ' Iw Y " wo- 148-96-240w J 7a7 XX a ^ , 'a e v e y .n a a , N dA&I LOCATION MAP UTILITY EASEMENT REQUEST f� FOR Legend , q q DOMINION ENERGY City Properties " GPIN 1478-96-2404 ADDRESS: 4200 N. WITCHDUCK RD 1478-96-2404 Feet Variable Width Dominion Energy Easement to be Acquired T 0 25 50 100 _A Prepared by P.W/Eng.iEng.Support Services:Bureau 08/23/2023 XACADD\Projects\ARC Fdes\AGENDA MAPS\City Property%147r-i-�,5.2404 Aeria GtN�'-$FA 0 u ` ' City of Virgiriia Beach t 0.1 OUR NA'h� VBpv c n7 ROSEMARY WILSON PHONE:(757)422-0733 VICE MAYOR RCWiIson(d.)vboov.com COUNCIL MEMBER-DISTRICT 5 December 12, 2023 In Reply Refer to 0085703 Mrs. Amanda Barnes City Clerk Municipal Center Virginia Beach, Virginia 23456 Re: Abstentions Pursuant to Virginia Code § 2.2-3115(F) Dear Mrs. Barnes: Pursuant to the Virginia Conflict of Interests Act, I make the following declarations: 1. I am executing this written disclosure regarding the City Council's consideration of four ordinances that authorize dedication of utility easements on City-owned property to Dominion Energy Virginia at the following locations: a. 9,708 sq. ft. at 2283, 2285, and 2287 Landstown Road b. 323 sq. ft. at 4200 N. Witchduck Road c. 1,253 sq. ft. at 2401 Plantation Drive; and d. 213 sq. ft. at 3030 Bray Road. 2. I have a personal interest in Dominion Energy. Its corporate street address is 120 Tredegar Street, Richmond, Virginia 23219. 3. I hereby disclose this interest, and I will abstain from the City Council's consideration of these items. I respectfully request that you record this declaration in the official records of the City Council. Thank you for your assistance in this matter. Sincerely, y Rosemar y A. son Vice Mayor RAW/RRI 921 ATLANTIC AVENUE,UNIT 502,VIRGINIA BEACH,VIRGINIA 23451 46 ITEM— V.K.5 ORDINANCES/RESOLUTION ITEM#7509 7 Upon motion by Vice Mayor Wilson, seconded by Council Member Berlucchi, City Council ADOPTED, BY CONSENT, Ordinance to AUTHORIZE the Dedication of a 1,253 square feet(0.0288 acres) Utility Easement to Dominion Energy Virginia on City-owned property at 2401 Plantation Drive re underground and maintain facilities that provide electric service to the Pump Station to reduce power outages Voting: 9-0 Council Members Voting Aye: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash"Schulman, Chris Taylor and Sabrina D. Wooten Council Members Abstaining: Vice Mayor Rosemary Wilson Council Members Absent: None December 12, 2023 1 AN ORDINANCE AUTHORIZING THE DEDICATION 2 OF A 1,253 SQ. FT. (0.0288 ACRES) UTILITY 3 EASEMENT ON CITY-OWNED PROPERTY 4 LOCATED AT 2401 PLANTATION DRIVE TO 5 DOMINION ENERGY VIRGINIA 6 7 WHEREAS, the City of Virginia Beach (the "City") owns a parcel of land 8 located at 2401 Plantation Drive (GPIN: 1498-80-7874) (the "Property"); 9 10 WHEREAS, the Property is adjacent to another City-owned parcel of land 11 located at 2387 S. Wolfsnare Drive (GPIN: 1498-80-8870) that is improved with a 12 City-owned pump station (the "Pump Station"); 13 14 WHEREAS, Dominion Energy Virginia ("Dominion") has requested that the 15 City dedicate a 1,253 +/- sq. ft. utility easement over a portion of the Property that 16 is adjacent to the Pump Station, as shown on the plat attached hereto as Exhibit 17 A (the "Easement"); and 18 19 WHEREAS, the Easement would allow Dominion to underground and 20 maintain facilities that provide electric service to the Pump Station and adjacent 21 properties, thereby reducing the likelihood of outages in storm events. 22 23 NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE 24 CITY OF VIRGINIA BEACH, VIRGINIA: 25 26 That the City Manager, or his designee, is hereby authorized to execute any 27 documents necessary to dedicate the Easement to Dominion, subject to such 28 terms, conditions and modifications as may be acceptable to the City Manager and 29 in a form deemed satisfactory by the City Attorney. 30 31 Adopted by the Council of the City of Virginia Beach, Virginia on the 12 t h 32 day of December, 2023. APPROVED AS TO LEGAL APPROVED AS TO CONTENT SUFFICIENCY ty tt ey b is Works -Real Estate CA16261 tivbgov.comldfs 1lapplicationslcitylawlcycom321wpdocs1d013tp048100925962.dccx R-1 November 20, 2023 THIS ORDINANCE REQUIRES AN AFFIRMATIVE VOTE OF THREE-FOURTHS OF ALL COUNCIL MEMBERS BRAD LEE SENORA AND KAREN LEE SENORA f "4XF EXHIBIT A a r; "" � xN,V,TgNP1EDR _r Nlt yi,�8 trry, qx lPl FbiAF Z- aft � � x.SlmgRla 3 K E R1aal12et _TAa E aPrv-1cewM4 J VICCIRY MAP cm OF VIRGINIA BEACH {f rmow OTP. P.958 LINE TABLE DArIY.N.y]wy.yy y ONE BURINO DISTANCE W OLFSNARE DARK '[IOMIN'PIG ERcv WRGMa u see•aSFM• mm y FABEN¢Flt K3HT-0E-WAY MTA PIW P l2 Nae'F58"E ]m R W Ni]'m0'!'E Ia.00 S UT: IT.IIAf! 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EASEMENT TO BE ACOOREO 1106gATp rw rcpwrtlpx�v�oeEBarar Alq BaPa xaroDLlemvc AFOLnr]ARY r,ReYFv FOR 1 TE PROtERR'I/�i PL10 ARFAS EIgM10N Tb PUTARE 8ABF0lPDNAN ACTVK REIL BURVEY BY DOMINION ENERGY VIRGINIA TEAM FIE1El ANDPROIA PIATBAND DEEOB OFREf 0, FROM rLPs vuT P.lIS PREVAAEowrNourr4FRFxrwraPArmeRePORr. __�.�ZWI TABLE —�— THE CITY OF VIRGINIA BEACH vlHwlac BFACHB>10RiA FPBENENT�O BF AOGUPFD FY DEER PMCEL 90pN.E iEET pcREe FAIENBM 60\wRE FEET PCPF_s 8•,,y-E 1'•10 NOIEIBgi 1,l� S VgLfsrwlE PhPH ]wea erect YhWABIE NgIH xwreoN ENERGY •95] O.Ww •• vwBw.FASExIEM TO BE ApOMBFp �w�Rw,%r-wrn BY-1 ilE UTAOtSI tED DOES HOTCffi�Rv As m THE CO1tREc1NFa8OF TLE80tRWR/.BTbbTB O11 OTHER IMEB ONMSPUT WSBNO PIWIC RItMSaFyMIY,EAeFxExFa,OROIHERPtIDUCIMEREE]RNOT f11O1tN CNlwe PUrREMMyprt.WTAM ARE NDT TBiwtNlE-0OR EcnxO.R&IEp8v oM89on cROMTxq PUT. THE FISHEL COMPANY OPxO&1NNE%AS TF3M R81 E1 M WIOTx Oq,iNNw EHFAOY Ba]BYaOHETgE T.cNESMthJCL NR]IM1TlIIe APR1ow:u. WTF: ® RGMIA EASEMENt T09EACOaREp s+J�c DII@cttNy OF Pp611C YAaRBB (]5176ai-1591 OM•WE,O'+cnM1etl mm W.0-L2umeeV ♦ N �. W E S 3 1498-80-7874 O v - TgTj�N uR 3 r Z 1498-80-8870 7�0 Ili LOCATION MAP UTILITY EASEMENT REQUEST FOR DOMINION ENERGY GPIN 1498-80-7874 Legend 2401 PLANTATION DRIVE & I GPIN 1498-80-8870 Proposed Easement ,d; 2387 S WOLFSNARE DRIVE City Properties " Feet 0 50 100 200 Prepared bV,.W./Enq./Enq.Support' <<;r,} XILAULUA-rojet s w esAGENUA MAPS%Cjty Propertyk1498-80-7814er a -i' City of V�rgirua Beach r► i s 01AP. OUR NAr� VBgovcom ROSEMARY WILSON PHONE:(757)422-0733 VICE MAYOR RCWilson(d,)vboov.com COUNCIL MEMBER-DISTRICT 5 December 12, 2023 In Reply Refer to 0085703 Mrs. Amanda Barnes City Clerk Municipal Center Virginia Beach, Virginia 23456 Re: Abstentions Pursuant to Virginia Code § 2.2-3115(F) Dear Mrs. Barnes: Pursuant to the Virginia Conflict of Interests Act, I make the following declarations: 1. I am executing this written disclosure regarding the City Council's consideration of four ordinances that authorize dedication of utility easements on City-owned property to Dominion Energy Virginia at the following locations: a. 9,708 sq. ft. at 2283, 2285, and 2287 Landstown Road b. 323 sq. ft. at 4200 N. Witchduck Road c. 1,253 sq. ft. at 2401 Plantation Drive; and d. 213 sq. ft. at 3030 Bray Road. 2. 1 have a personal interest in Dominion Energy. Its corporate street address is 120 Tredegar Street, Richmond, Virginia 23219. 3. 1 hereby disclose this interest, and I will abstain from the City Council's consideration of these items. I respectfully request that you record this declaration in the official records of the City Council. Thank you for your assistance in this matter. Sincerely, rPt Roseman Vice Mayor RAW/RRI 921 ATLANTIC AVENUE,UNIT 502,VIRGINIA BEACH,VIRGINIA 23451 47 ITEM— V.K.6 ORDINANCES/RESOLUTION ITEM#75098 Upon motion by Vice Mayor Wilson, seconded by Council Member Berlucchi, City Council ADOPTED, BY CONSENT, Ordinance to AUTHORIZE the Dedication of a 213 square feet (0.005 acres) Utility Easement to Dominion Energy Virginia on City-owned property at 3030 Bray Road re underground and maintain facilities that provide electric service to the Pump Station to reduce power outages Voting: 9-0 Council Members Voting Aye: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash"Schulman, Chris Taylor and Sabrina D. Wooten Council Members Abstaining: Vice Mayor Rosemary Wilson Council Members Absent: None December 12, 2023 1 AN ORDINANCE AUTHORIZING THE DEDICATION 2 OF A 213 SQ. FT. (0.005 ACRES) UTILITY 3 EASEMENT ON CITY-OWNED PROPERTY 4 LOCATED AT 3030 BRAY ROAD TO DOMINION 5 ENERGY VIRGINIA 6 7 WHEREAS, the City of Virginia Beach (the "City") owns a parcel of land 8 located at 3030 Bray Road (GPIN: 1497-29-9966)(the"Property"),that is improved 9 with a City-owned pump station (the "Pump Station"); 10 11 WHEREAS, Dominion Energy Virginia ("Dominion") has requested that the 12 City dedicate a 213 +/- sq. ft. utility easement over a portion of the Property that 13 is adjacent to the Pump Station, as shown on the plat attached hereto as Exhibit 14 A (the "Easement"); and 15 16 WHEREAS, the Easement would allow Dominion to underground and 17 maintain facilities that provide electric service to the Pump Station and adjacent 18 properties, thereby reducing the likelihood of outages in storm events. 19 20 NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE 21 CITY OF VIRGINIA BEACH, VIRGINIA: 22 23 That the City Manager, or his designee, is hereby authorized to execute any 24 documents necessary to dedicate the Easement to Dominion, subject to such 25 terms, conditions and modifications as may be acceptable to the City Manager and 26 in a form deemed satisfactory by the City Attorney. 27 28 Adopted by the Council of the City of Virginia Beach, Virginia on the 12 th 29 day of December, 2023. APPROVED AS TO LEGAL APPROVED AS TO CONTENT SUFFICIENCY i tt rney P bli Works - eal Estate CAI 6239 Nbgov.comWfs 1lapplicatons\cityiawlcycom32\wpdocs1d0131pOW00925919.docx R-1 November 20, 2023 THIS ORDINANCE REQUIRES AN AFFIRMATIVE VOTE OF THREE-FOURTHS OF ALL COUNCIL MEMBERS ..�.... .... _- _....-. .._�..�,..._..�._.«_... .. .�...... ._.. .-.-.._ _..- .-,... ...__ _^'.. ..vim.-....�....�...«...�_�_.s_. EXHIBIT A k � EDOEw FAN am-""Won _ P : PHILIP K WELLMAN Ys 1x a AND GRACE E V ELLMAN OL154P.m I AT .P R � N75 P.7 9� 1'�1000' - ' . •p•� L7VQTABLE / � F .•�-.'f�,.�•��,;.f �� .PMIIF) ss LINE N1IRM+7 0"AIICE LI Ntrware 407 POLE / I .� �• ?l 12 370sr3ra ..2Lm EAN :! ?� % 'F82L at-.: �T �! 7910 YftM0 OPIN-14AN 29m RA aT4'9FZrA ISJO - . LOT• ! CITY OFVIRGRJIABEACH L9 S1P9T2rW TAW NA 35,P27 087AV77w,4Z P.I HAr Y !' 7ea� 1Lrer t134790WW �' �&12192F111S9 E12MM7An f / �' OPRJ-tHJ»DM7 EVIEN O.BURIAN / %•_ • rmasm9xtarwarne C j•. YB.2 L25F t ,P.7 LOTS ! FPN4E NolEs 1. THE HOWWRAL CAIW FOR rW RAT 0 BAGWON VRBINA SAYS PL"COGROW11WS10.L 90UM70IE $� NORTHAWMANDAIUN*MGM HAMAM 9IIRVEY FOOT),CM OP NR6aMBFAa1 fAAVEYE01(IROL OReNB 197T-1ANDV2ZK P!]N.F$MSV REUIEDTOESTABUSHCOamIAYTESFORTN9PRDJEGT. In99PuraFORAceupcmaNPLTmueasoNLrAFmoaesworcoiaminewwrowrsut�. _ PLAT SHOIMNG DDMN'RON ENERGY VIRGMM EASEMENT TO BE ACQUIRED -7. 1TEPPoOPEJ1m1AE9ANOARE/ISeNONNONTUNRATMEMAs®1paxANACRML71E1D14M1VEYW TEAM AREA TABLE.-_ EAWNEWrRIGHT-OrdVAYDATA FOR ♦ RSIE.ANDFOOMKTSANDOEMSOFRECOPA .PAL._ .. soumamu IACRES DOMNMENERGYVIRC4M Pu1f+HFA710N245.. ... —ism 0= RIW RAT 1T-21-M FROM c. TIN PRArWAMRNiEPARED ViRgUf 71E B9VFriTOFw7IRER®01[T. VARUME VAOTH DDW40H YAM f4MWV. N01114" THE CITY OF VIRGUA BEACH -.9. FA OWENT TO EACOHREO BY DEE71 MRG MENEMVEAIEKNF 213 am am&.. RIO17 VW=NNIOEACKWtONM TOEACg7REp.7 UNDfift=XM/R91R7ES G97M NFEN TAKEN FROM CY RECO/Dy ABOVE 6ROUA FFJTffAND tACAiN JlOERGROLINDEA7BNWO SC AU�1'•m OCT00 107A,20M VARKED7V07A a 2w 40 .1 M VARNHE WOT1 DOLSWON E1/EAOT WAP T AL.IW >OOMWWW DOES NOT CeRWYASTO 7ME CORRECTE=MTHE BOUN MV.STREETS OR OTER ®VYb7119AlAABAtl/T70 E.1CW0® LAVA SHO1M1 ON T1V9 PLAT. THE FISHEL COMPANY DONO MUNESB AS TFAM FRYB =WRONCIREST.CHELWFAN(VONOM21M APPROVE, DAM BLIEC 0F=MM OF 7N OM WOMS Psn9n.tB91 �mRe AL WO.10111Nw- N w _ B s m i LOCATION MAP FOR i PROPOSED DOMINION ENERGY POWER EASEMENT Legend OWNER: CITY OF VIRINIA BEACH City Property GPIN: 1497-29-9966 Dominion Energy Easement Feet,.�" 0 50 100 200 Prepared by P.WJEna./Ena.Support Services Bureau 9i7/2022 XACAMProjectWARC Files\AGENDA MAP \1497-29-9966 Aeria J�G�N�BEAc& t -i' City of VIirgirua Beacl-i +s • Op ouR NA"Q VB90V,00m ROSEMARY WILSON PHONE:(757)422-0733 VICE MAYOR RCWilson(o)vbgov.com COUNCIL MEMBER-DISTRICT 5 December 12, 2023 In Reply Refer to 0085703 Mrs. Amanda Barnes City Clerk Municipal Center Virginia Beach, Virginia 23456 Re: Abstentions Pursuant to Virginia Code § 2.2-3115(F) Dear Mrs. Barnes: Pursuant to the Virginia Conflict of Interests Act, I make the following declarations: 1. I am executing this written disclosure regarding the City Council's consideration of four ordinances that authorize dedication of utility easements on City-owned property to Dominion Energy Virginia at the following locations: a. 9,708 sq. ft. at 2283, 2285, and 2287 Landstown Road b. 323 sq. ft. at 4200 N. Witchduck Road c. 1,253 sq. ft. at 2401 Plantation Drive; and d. 213 sq. ft. at 3030 Bray Road. 2. I have a personal interest in Dominion Energy. Its corporate street address is 120 Tredegar Street, Richmond, Virginia 23219. 3. 1 hereby disclose this interest, and I will abstain from the City Council's consideration of these items. I respectfully request that you record this declaration in the official records of the City Council. Thank you for your assistance in this matter. Sincerely, Rosemary A. W2son Vice Mayor RAW/RRI 921 ATLANTIC AVENUE,UNIT 502,VIRGINIA BEACH,VIRGINIA 23451 48 ITEM— V.K.7 ORDINANCESIRESOL UTION ITEM#75099 Upon motion by Vice Mayor Wilson, seconded by Council Member Berlucchi, City Council ADOPTED, BY CONSENT, Ordinance to DESIGNATE as EXEMPT from Local Property Taxes re Commonwealth of Charities Voting: 10-0 Council Members Voting Aye: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash" Schulman, Chris Taylor, Vice Mayor Rosemary Wilson and Sabrina D. Wooten Council Members Absent: None December 12, 2023 1 AN ORDINANCE TO DESIGNATE COMMONWEALTH 2 CATHOLIC CHARITIES AS BEING EXEMPT FROM LOCAL 3 PROPERTY TAXATION 4 5 WHEREAS, in accordance with §58.1-3651 of the Code of Virginia,the City Council has 6 advertised and conducted a public hearing on the issue of granting an exemption from local 7 personal property taxes to Commonwealth Catholic Charities; 8 9 NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF 10 VIRGINIA BEACH, VIRGINIA: 11 12 1. That the Council of the City of Virginia Beach, Virginia, hereby designates 13 Commonwealth Catholic Charities a charitable organization within the context of§ 6(a)(6) of 14 Article X of the Constitution of Virginia and §58.1-3651 of the Code of Virginia. 15 16 2. That personal property owned by Commonwealth Catholic Charities located within 17 the City of Virginia Beach that is used exclusively for charitable purposes on a nonprofit basis is 18 hereby exempt from local property taxation. 19 20 3. This exemption is contingent on the following: 21 22 (a) continued use of the property by Commonwealth Catholic Charities for 23 exclusively charitable purposes; 24 25 (b) that each July 1 , Commonwealth Catholic Charities shall file with the 26 Commissioner of the Revenue a copy of its most recent federal income tax 27 return, or if no such return is required, it shall certify its continuing tax exempt 28 status to the Commissioner of the Revenue; 29 30 (c) that every three years, beginning on January 1, 2026, Commonwealth Catholic 31 Charities shall file an exemption application with the Commissioner of the 32 Revenue as a requirement for retention of the exempt status of the property;and 33 34 (d)that Commonwealth Catholic Charities cooperate fully with the Commissioner of 35 the Revenue with respect to audit of its financial records and compliance with 36 the terms of this ordinance. 37 38 4. That the effective date of this exemption shall be January 1, 2024. Adopted by the Council of the City of Virginia Beach, Virginia, on the 12th day of December 2023. Requires an affirmative vote of three-fourths of the members of the City Council. APPROVED AS TO CONTENT: APP ED AS TO LEGAL S FICI CY: Alx24 ------ Commissioner of the Revenue or ey's Office CA1 6371/R-1/November 15, 2023 49 ITEM— V.K.8 ORDINANCESIRESOL UTION ITEM#75100 Upon motion by Vice Mayor Wilson, seconded by Council Member Berlucchi, City Council ADOPTED, BY CONSENT, Ordinance to DESIGNATE as EXEMPT from Local Property Taxes re Virginia Beach Recovery Club,Inc Voting: 10-0 Council Members Voting Aye: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash" Schulman, Chris Taylor, Vice Mayor Rosemary Wilson and Sabrina D. Wooten Council Members Absent: None December 12, 2023 1 AN ORDINANCE TO DESIGNATE VIRGINIA BEACH 2 RECOVERY CLUB, INC. AS BEING EXEMPT FROM 3 LOCAL PROPERTY TAXATION 4 5 WHEREAS, in accordance with §58.1-3651 of the Code of Virginia,the City Council has 6 advertised and conducted a public hearing on the issue of granting an exemption from local 7 personal property taxes to Virginia Beach Recovery Club, Inc.; 8 9 NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF 10 VIRGINIA BEACH, VIRGINIA: 11 12 1. That the Council of the City of Virginia Beach, Virginia, hereby designates Virginia 13 Beach Recovery Club, Inc. a charitable organization within the context of§ 6(a)(6)of Article X 14 of the Constitution of Virginia and §58.1-3651 of the Code of Virginia. 15 16 2. That personal property owned by Virginia Beach Recovery Club, Inc. located within 17 the City of Virginia Beach that is used exclusively for charitable purposes on a nonprofit basis is 18 hereby exempt from local property taxation. 19 20 3. This exemption is contingent on the following: 21 22 (a) continued use of the property by Virginia Beach Recovery Club, Inc. for 23 exclusively charitable purposes; 24 25 (b) that each July 1, Virginia Beach Recovery Club, Inc. shall file with the 26 Commissioner of the Revenue a copy of its most recent federal income tax 27 return, or if no such return is required, it shall certify its continuing tax exempt 28 status to the Commissioner of the Revenue; 29 30 (c) that every three years, beginning on January 1, 2026, Virginia Beach Recovery 31 Club, Inc. shall file an exemption application with the Commissioner of the 32 Revenue as a requirement for retention of the exempt status of the property;and 33 34 (d)that Virginia Beach Recovery Club, Inc. cooperate fully with the Commissioner of 35 the Revenue with respect to audit of its financial records and compliance with 36 the terms of this ordinance. 37 38 4. That the effective date of this exemption shall be January 1, 2024. Adopted by the Council of the City of Virginia Beach, Virginia, on the 12th day Of December , 2023. Requires an affirmative vote of three-fourths of the members of the City Council. APPROVED AS TO CONTENT: APPROVED AS TO LEGAL ENCY: Commissioner of the Revenue i o ey's ffice CA1 6372/R-1/November 15, 2023 50 ITEM— V.K.9 ORDINANCESIRESOL UTION ITEM#75101 Upon motion by Vice Mayor Wilson, seconded by Council Member Berlucchi, City Council ADOPTED, BY CONSENT, Ordinance to DESIGNATE as EXEMPT from Local Property Taxes re Hospice House of Hampton Roads Voting: 10-0 Council Members Voting Aye: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash" Schulman, Chris Taylor, Vice Mayor Rosemary Wilson and Sabrina D. Wooten Council Members Absent: None December 12, 2023 1 AN ORDINANCE TO DESIGNATE HOSPICE HOUSE OF 2 HAMPTON ROADS AS BEING EXEMPT FROM LOCAL 3 PROPERTY TAXATION 4 5 WHEREAS, in accordance with § 58.1-3651 of the Code of Virginia,the City Council has 6 advertised and conducted a public hearing on the issue of granting an exemption from local 7 real and personal property taxes to Hospice House of Hampton Roads; 8 9 NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF 10 VIRGINIA BEACH, VIRGINIA: 11 12 1. That the Council of the City of Virginia Beach, Virginia, hereby designates Hospice 13 House of Hampton Roads a charitable organization within the context of§6(a)(6)of Article X of 14 the Constitution of Virginia and §58.1-3651 of the Code of Virginia. 15 16 2. That real and personal property owned by Hospice House of Hampton Roads 17 located within the City of Virginia Beach that is used exclusively for charitable purposes on a 18 nonprofit basis is hereby exempt from local property taxation. 19 20 3. This exemption is contingent on the following: 21 22 (a) continued use of the property by Hospice House of Hampton Roads for 23 exclusively charitable purposes; 24 25 (b) that each July 1, Hospice House of Hampton Roads shall file with the 26 Commissioner of the Revenue a copy of its most recent federal income tax 27 return, or if no such return is required, it shall certify its continuing tax exempt 28 status to the Commissioner of the Revenue; 29 30 (c) that every three years, beginning on January 1, 2026, Hospice House of 31 Hampton Roads shall file an exemption application with the Commissioner of the 32 Revenue as a requirement for retention of the exempt status of the property; and 33 34 (d)that Hospice House of Hampton Roads cooperate fully with the Commissioner of 35 the Revenue with respect to audit of its financial records and compliance with 36 the terms of this ordinance. 37 38 4. That the effective date of this exemption shall be January 1 , 2024. Adopted by the Council of the City of Virginia Beach, Virginia, on the 12th day of December , 2023. Requires an affirmative vote of three-fourths of the members of the City Council. APPROVED AS TO CONTENT: APPROVED AS TO LEGAL S IENCY: Commissioner of the Revenue rney Office CA1 6373/R-1/November 15, 2023 51 ITEM— V.K.10 ORDINANCESIRESOL UTION ITEM#75102 Upon motion by Vice Mayor Wilson, seconded by Council Member Berlucchi, City Council ADOPTED, BY CONSENT, Ordinance to DESIGNATE as EXEMPT from Local Property Taxes re Only His Grace, Inc Voting: 10-0 Council Members Voting Aye: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. `Joash" Schulman, Chris Taylor, Vice Mayor Rosemary Wilson and Sabrina D. Wooten Council Members Absent: None December 12, 2023 1 AN ORDINANCE TO DESIGNATE ONLY HIS GRACE, INC. 2 AS BEING EXEMPT FROM LOCAL PROPERTY TAXATION 3 4 WHEREAS, in accordance with §58.1-3651 of the Code of Virginia,the City Council has 5 advertised and conducted a public hearing on the issue of granting an exemption from local 6 personal property taxes to Only His Grace, Inc.; 7 8 NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF 9 VIRGINIA BEACH, VIRGINIA: 10 11 1. That the Council of the City of Virginia Beach, Virginia, hereby designates Only His 12 Grace, Inc. a charitable organization within the context of § 6(a)(6) of Article X of the 13 Constitution of Virginia and §58.1-3651 of the Code of Virginia. 14 15 2. That personal property owned by Only His Grace, Inc. located within the City of 16 Virginia Beach that is used exclusively for charitable purposes on a nonprofit basis is hereby 17 exempt from local property taxation. 18 19 3. This exemption is contingent on the following: 20 21 (a) continued use of the property by Only His Grace, Inc. for exclusively charitable 22 purposes; 23 24 (b) that each July 1, Only His Grace, Inc. shall file with the Commissioner of the 25 Revenue a copy of its most recent federal income tax return, or if no such return 26 is required, it shall certify its continuing tax exempt status to the Commissioner 27 of the Revenue; 28 29 (c) that every three years, beginning on January 1 , 2026, Only His Grace, Inc. shall 30 file an exemption application with the Commissioner of the Revenue as a 31 requirement for retention of the exempt status of the property; and 32 33 (d)that Only His Grace, Inc. cooperate fully with the Commissioner of the Revenue 34 with respect to audit of its financial records and compliance with the terms of this 35 ordinance. 36 37 4. That the effective date of this exemption shall be January 1, 2024. Adopted by the Council of the City of Virginia Beach, Virginia, on the 12th day of December 2023. Requires an affirmative vote of three-fourths of the members of the City Council. APPROVED AS TO CONTENT: APPROVED AS TO LEGAL S NCY: ommissioner of the Revenue i torney's Office CA1 6374/R-1/November 15, 2023 52 ITEM— VX II ORDINANCESIRESOL UTION ITEM#75103 Upon motion by Vice Mayor Wilson, seconded by Council Member Berlucchi, City Council ADOPTED, BY CONSENT, Ordinance to DESIGNATE as EXEMPT from Local Property Taxes re Skilled Foundations Voting: 10-0 Council Members Voting Aye: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash" Schulman, Chris Taylor, Vice Mayor Rosemary Wilson and Sabrina D. Wooten Council Members Absent: None December 12, 2023 1 AN ORDINANCE TO DESIGNATE SKILLED 2 FOUNDATIONS AS BEING EXEMPT FROM LOCAL 3 PROPERTY TAXATION 4 5 WHEREAS, in accordance with §58.1-3651 of the Code of Virginia,the City Council has 6 advertised and conducted a public hearing on the issue of granting an exemption from local 7 personal property taxes to Skilled Foundations; 8 9 NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF 10 VIRGINIA BEACH, VIRGINIA: 11 12 1. That the Council of the City of Virginia Beach, Virginia, hereby designates Skilled 13 Foundations a charitable organization within the context of § 6(a)(6) of Article X of the 14 Constitution of Virginia and §58.1-3651 of the Code of Virginia. 15 16 2. That personal property owned by Skilled Foundations located within the City of 17 Virginia Beach that is used exclusively for charitable purposes on a nonprofit basis is hereby 18 exempt from local property taxation. 19 20 3. This exemption is contingent on the following: 21 22 (a) continued use of the property by Skilled Foundations for exclusively charitable 23 purposes; 24 25 (b) that each July 1, Skilled Foundations shall file with the Commissioner of the 26 Revenue a copy of its most recent federal income tax return, or if no such return 27 is required, it shall certify its continuing tax exempt status to the Commissioner 28 of the Revenue; 29 30 (c) that every three years, beginning on January 1, 2026, Skilled Foundations shall 31 file an exemption application with the Commissioner of the Revenue as a 32 requirement for retention of the exempt status of the property; and 33 34 (d)that Skilled Foundations cooperate fully with the Commissioner of the Revenue 35 with respect to audit of its financial records and compliance with the terms of this 36 ordinance. 37 38 4. That the effective date of this exemption shall be January 1, 2024. Adopted by the Council of the City of Virginia Beach, Virginia, on the 12th day of December 2023. Requires an affirmative vote of three-fourths of the members of the City Council. APPROVED AS TO CONTENT: APPROVED AS TO LEGAL )IFE N CY: Commissioner of the Revenue ZAttorttorney's CA1 6375/R-1/November 15, 2023 53 ITEM— VX 12 ORDINANCES/RESOLUTION ITEM#75104 Upon motion by Vice Mayor Wilson, seconded by Council Member Berlucchi, City Council ADOPTED, BY CONSENT, Ordinance to DESIGNATE as EXEMPT from Local Property Taxes re Speak Up for a Change Voting: 10-0 Council Members Voting Aye: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash" Schulman, Chris Taylor, Vice Mayor Rosemary Wilson and Sabrina D. Wooten Council Members Absent: None December 12, 2023 1 AN ORDINANCE TO DESIGNATE SPEAK UP FOR A 2 CHANGE AS BEING EXEMPT FROM LOCAL PROPERTY 3 TAXATION 4 5 WHEREAS, in accordance with §58.1-3651 of the Code of Virginia,the City Council has 6 advertised and conducted a public hearing on the issue of granting an exemption from local 7 personal property taxes to Speak Up for a Change; 8 9 NOW, THEREFORE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF 10 VIRGINIA BEACH, VIRGINIA: 11 12 1. That the Council of the City of Virginia Beach, Virginia, hereby designates Speak Up 13 for a Change a charitable organization within the context of § 6(a)(6) of Article X of the 14 Constitution of Virginia and §58.1-3651 of the Code of Virginia. 15 16 2. That personal property owned by Speak Up for a Change located within the City of 17 Virginia Beach that is used exclusively for charitable purposes on a nonprofit basis is hereby 18 exempt from local property taxation. 19 20 3. This exemption is contingent on the following: 21 22 (a) continued use of the property by Speak Up for a Change for exclusively 23 charitable purposes; 24 25 (b) that each July 1, Speak Up for a Change shall file with the Commissioner of the 26 Revenue a copy of its most recent federal income tax return, or if no such return 27 is required, it shall certify its continuing tax exempt status to the Commissioner 28 of the Revenue; 29 30 (c) that every three years, beginning on January 1, 2026, Speak Up for a Change 31 shall file an exemption application with the Commissioner of the Revenue as a 32 requirement for retention of the exempt status of the property; and 33 34 (d) that Speak Up for a Change cooperate fully with the Commissioner of the 35 Revenue with respect to audit of its financial records and compliance with the 36 terms of this ordinance. 37 38 4. That the effective date of this exemption shall be January 1, 2024. Adopted by the Council of the City of Virginia Beach, Virginia, on the 12th day of December , 2023. Requires an affirmative vote of three-fourths of the members of the City Council. APPROVED AS TO CONTENT: APP.RQVED AS TO LEGAL rFFIC Commissioner of the Revenue - Attorneys Office CA16376/R-1/November 15, 2023 54 ITEM— V.K.13 ORDINANCESIRESOL UTION ITEM#75105 Upon motion by Vice Mayor Wilson, seconded by Council Member Berlucchi, City Council ADOPTED, BY CONSENT, Ordinance to AUTHORIZE the acquisition of an Agricultural Land Preservation (ARP) easement from Muddy Creek Farms, LLC (143.38 +/- acres), the issuance by the City of its contract obligations in the maximum principal amount of$2,025,959 and TRANSFER funds to purchase U.S. Treasury Strips Voting: 10-0 Council Members Voting Aye: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash" Schulman, Chris Taylor, Vice Mayor Rosemary Wilson and Sabrina D. Wooten Council Members Absent: None December 12, 2023 I AN ORDINANCE AUTHORIZING 1) THE ACQUISITION 2 OF AN AGRICULTURAL LAND PRESERVATION 3 EASEMENT FROM MUDDY CREEK FARMS, LLC 4 (143.38+/-ACRES),2)THE ISSUANCE BY THE CITY OF 5 ITS CONTRACT OBLIGATIONS IN THE MAXIMUM 6 PRINCIPAL AMOUNT OF $2,025,959, AND 3) 7 TRANSFER OF FUNDS TO PURCHASE U.S. 8 TREASURY STRIPS 9 10 WHEREAS, pursuant to the Agricultural Lands Preservation Ordinance (the 11 "Ordinance"), Appendix J of the Code of the City of Virginia Beach, there has been 12 presented to the City Council a request for approval of an Installment Purchase Agreement 13 (the form and standard provisions of which have been previously approved by the City 14 Council, a summary of terms of which is hereto attached, and a copy of which is on file in 15 the City Attorney's Office)for the acquisition of the Development Rights (as defined in the 16 Installment Purchase Agreement) on certain property located in the City and more fully 17 described in Exhibit B of the Installment Purchase Agreement for a purchase price of 18 $2,025,959; and 19 20 WHEREAS, the aforesaid Development Rights shall be acquired through the 21 acquisition of a perpetual agricultural land preservation easement, as defined in, and in 22 compliance with, the requirements of the Ordinance; and 23 24 WHEREAS, the City Council has reviewed the proposed terms and conditions of the 25 purchase as evidenced by the Installment Purchase Agreement. 26 27 NOW,THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF 28 VIRGINIA BEACH, VIRGINIA: 29 30 1. The City Council hereby determines and finds that the proposed terms and 31 conditions of the purchase of the Development Rights pursuant to the Installment Purchase 32 Agreement, including the purchase price and manner of payment, are fair and reasonable 33 and in furtherance of the purposes of the Ordinance,and the City Manager or his designee 34 is hereby authorized to approve, upon or before the execution and delivery of the 35 Installment Purchase Agreement, the rate of interest to accrue on the unpaid principal 36 balance of the purchase price set forth hereinabove as the greater of 3.953%per annum or 37 the per annum rate which is equal to the yield on United States Treasury STRIPS 38 purchased by the City to fund such unpaid principal balance; provided, however, that such 39 rate of interest shall not exceed 5.953% unless the approval of the City Council by 40 resolution duly adopted is first obtained. 41 42 2. The City Council hereby further determines that funding is available for the 43 acquisition of the Development Rights pursuant to the Installment Purchase Agreement on 44 the terms and conditions set forth therein. 45 3. The City Council hereby expressly approves the Installment Purchase 46 Agreement and, subject to the determination of the City Attorney that there are no defects 47 in title to the property or other restrictions or encumbrances thereon which may, in the 48 opinion of the City Attorney, adversely affect the City's interests, authorizes the City 49 Manager or his designee to execute and deliver the Installment Purchase Agreement in 50 substantially the same form and substance as approved hereby with such minor 51 modifications, insertions, completions or omissions which do not materially alter the 52 purchase price or manner of payment,as the City Manager or his designee shall approve. 53 The City Council further directs the City Clerk to affix the seal of the City to, and attest 54 same on, the Installment Purchase Agreement. The City Council expressly authorizes the 55 incurrence of the indebtedness represented by the issuance and delivery of the Installment 56 Purchase Agreement. 57 58 4. The City Council hereby elects to issue the indebtedness under the Charter of 59 the City rather than pursuant to the Public Finance Act of 1991 and hereby constitutes the 60 indebtedness a contractual obligation bearing the full faith and credit of the City. 61 62 5. The City Council hereby authorizes the transfer of $620,969 from the 63 Agricultural Reserve Program Special Revenue Fund to the General Debt Fund, and the 64 City Manager is empowered to transfer sufficient additional funds or return funds not 65 required from the Agricultural Reserve Program Special Revenue Fund notwithstanding the 66 dollar limits provided by the Annual Appropriation Ordinance,to purchase the United States 67 Treasury STRIPS as described in the Installment Purchase Agreement. 68 69 Adoption requires an affirmative vote of a majority of all members of the City Council. 70 71 Adopted by the Council of the City of Virginia Beach, Virginia, on this 12 t h day of 72 December 2023. APPROVED AS TO CONTENT: APPROVED AS TO CONTENT Agriculture Department Yudget and Management Services CERTIFIED AS TO AVAILABILITY APPROVED AS TO LEGAL SUFFICIENCY: OF FUNDS: Director of Finance City attorney', ffice CA 16257 1Wbgovxom\dfs I lapplica0onslcitylawlcycom32%wpdocstd0081p0 53100 92 5 3 1 7.doc R-1 November 20, 2023 2 AGRICULTURAL RESERVE PROGRAM INSTALLMENT PURCHASE AGREEMENT NO. 2023-167 SUMMARY OF TERMS SELLER: Muddy Creek Farms,LLC, a Virginia limited liability company PROPERTY LOCATION: 4831 Muddy Creek Road GPINs: 2410-89-7609, 2410-69-4637,2411-70-8947, 2411-70-3252 and 2410-79-7280 PURCHASE PRICE: $2,025,959 EASEMENT AREA: 143.38 acres, more or less DEVELOPMENT POTENTIAL: 10 single-family building sites(I reserved by Seller for future development) DURATION: Perpetual INTEREST RATE: Equal to yield on U.S. Treasury STRIPS acquired by City to fund purchase price,but not less than 3.953%(actual rate to be determined when STRIPS are purchased prior to execution of Installment Purchase Agreement("IPA")). Rate may not exceed 5.953%without approval of City Council. TERMS: Interest only, twice per year for 25 years,with payment of principal due 25 years from IPA date. RESTRICTIONS ON TRANSFER: IPA ownership may not be transferred(except for Estate Settlement Transfer)for one(1)year following execution and delivery of the IPA. 55 ITEM— V.K.14 ORDINANCESIRESOL UTION ITEM#75106 Upon motion by Vice Mayor Wilson, seconded by Council Member Berlucchi, City Council ADOPTED, BY CONSENT, Ordinance to AUTHORIZE the City Manager to EXECUTE a Lease for City-owned property for up to five (5)years at Virginia Beach Farmer Markets, Building 2, Space 12 re The Country Butcher Shop,Inc Voting: 10-0 Council Members Voting Aye: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash" Schulman, Chris Taylor, Vice Mayor Rosemary Wilson and Sabrina D. Wooten Council Members Absent: None December 12, 2023 1 AN ORDINANCE AUTHORIZING THE CITY 2 MANAGER TO EXECUTE A LEASE FOR UP TO 5 3 YEARS WITH THE COUNTRY BUTCHER SHOP, 4 INC. FOR CITY-OWNED PROPERTY KNOWN AS 5 BUILDING 2, SPACE 12 IN THE VIRGINIA BEACH 6 FARMERS MARKET 7 8 WHEREAS, the City of Virginia Beach (the "City") is the owner of the City of 9 Virginia Beach Farmers Market located at 3640 Dam Neck Road in Virginia Beach, 10 Virginia (the "Farmers Market"); 11 12 WHEREAS, the City issued a Request for Proposals for Space 12 in Building 2 at 13 the Virginia Beach Farmers Market, which consists of approximately 939 sq. ft. of space 14 (the "Premises") and received one submittal from The Country Butcher Shop, Inc., a 15 Virginia corporation ("Country Butcher"); 16 17 WHEREAS, Country Butcher has leased the Premises since 1997 and desires to 18 enter into a new lease with the City; 19 20 WHEREAS, the Premises will be utilized for the sale of fresh meats and deli 21 products and related items, and for no other purpose; and 22 23 WHEREAS, Country Butcher has agreed to pay the City rent in the amount of 24 $14,071.68 annually ($1,172.64 per month) for the first year of the term, with a five 25 percent(5%) annual rent escalation for each year thereafter. 26 27 NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY 28 OF VIRGINIA BEACH, VIRGINIA: 29 30 That the City Manager is hereby authorized to execute a lease for up to 5 years 31 between The Country Butcher Shop, Inc. and the City for the Premises, in accordance 32 with the Summary of Terms, attached hereto as Exhibit A and made a part hereof, and 33 such other terms, conditions or modifications as may be acceptable to the City Manager 34 and in a form deemed satisfactory by the City Attorney. 35 36 Adopted by the Council of the City of Virginia Beach, Virginia on the 12 t h day of 37 December _ _ , 2023. APPROVED AS TO LEGAL APPROVED AS TO CONTENT SUFFICIENCY AND FORM City Attorney F'Ubl c Works F Real Estate CA15824 \\vbgov.com\dfs1\a pplicationslcitylaw\cycom32\wpdocs\d017\p046\00927165.doc R-1 November 20, 2023 EXHIBIT A SUMMARY OF TERMS LEASE FOR SPACE AT THE VIRGINIA BEACH FARMERS MARKET LESSOR: City of Virginia Beach (the "City") LESSEE: The Country Butcher Shop, Inc., a Virginia corporation PREMISES: Building 2, Space 12, consisting of 939+/- square feet TERM: Execution of Lease through June 30, 2026, with two (2)additional one-year renewal options. (Lessee's holdover status under prior lease has been conditioned on Lessee paying rent based on the Rent stated herein) RENT: Initial rent of$14,071.68 annually($1,172.64 per month)for the first year of the Term, with five percent (5%) annual escalation for each year thereafter RIGHTS AND RESPONSIBILITIES OF LESSEE: • Use Premises for the sale of fresh meats and deli products, and related items, and for no other purpose. • Maintain in good condition and repair the electrical systems serving the Premises, including existing outlets and installation of additional outlets. • Maintain the Premises in good condition and repair, clean and sanitary, free of dirt, dust, grime, grease, trash, refuse and vermin. • Payment of all assessed fees and taxes. • Purchase and maintain commercial general liability insurance. RIGHTS AND RESPONSIBILITIES OF CITY: • Maintain and repair air conditioning, ventilation and heating systems, plumbing and other building systems that service the Premises, except electrical system. • Maintain common areas of the Farmers Market and maintain and/or replace the structural elements of the Premises, including exterior walls, roofs, floors and foundation. TERMINATION: City has special right to terminate if necessary for a public purpose by giving one hundred eighty (180)days' advance written notice to the Lessee, upon action by City Council. The Lessee has the right to terminate for any reason by giving ninety (90)days' advance written notice to the City. 56 ITEM— VX 15 ORDINANCESIRESOL UTION ITEM#7510 7 Upon motion by Vice Mayor Wilson, seconded by Council Member Berlucchi, City Council ADOPTED, BY CONSENT, Ordinance to ACCEPT and APPROPRL4TE $196,004 from the State Compensation Board to the FY 2023-24 Clerk of Circuit Court Operating Budget re salary increase Voting: 10-0 Council Members Voting Aye: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash" Schulman, Chris Taylor, Vice Mayor Rosemary Wilson and Sabrina D. Wooten Council Members Absent: None December 12, 2023 1 AN ORDINANCE TO ACCEPT AND APPROPRIATE FUNDS 2 FROM THE STATE COMPENSATION BOARD TO THE FY 3 2023-24 OPERATING BUDGET OF THE CLERK OF THE 4 CIRCUIT COURT 5 6 BE IT ORDAINED BY THE COUNCIL OF THE CITY OF VIRGINIA BEACH, 7 VIRGINIA, THAT: 8 9 $196,004 is hereby accepted from the State Compensation Board and 10 appropriated, with revenue increased accordingly, to the FY 2023-24 Operating Budget 11 of the Clerk of the Circuit Court. Adopted by the Council of the City of Virginia Beach, Virginia on the 12 th day of December 2023. Requires an affirmative vote by a majority of all members of the City Council. APPROVED AS TO CONTENT: APPROVED AS TO LEGAL SUFFICIENCY: ti Budget an Management Services rney's bffice CA16383 R-1 November 29, 2023 57 ITEM— V.L.I PLANNING ITEMS ITEM#75108 Upon motion by Vice Mayor Wilson, seconded by Council Member Berlucchi, City Council DEFERRED TO JANUARY 2,2024,BY CONSENT,application of RUFFIN 86,LLCfor a Variance to Section 4.4(c) of the Subdivision Regulations re demolish three(3)dwelling units to construct one-single family dwelling at 109 A &B 86th Street& 8600 Ocean Front Avenue DISTRICT 6 Voting: 10-0 Council Members Voting Aye: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash" Schulman, Chris Taylor, Vice Mayor Rosemary Wilson and Sabrina D. Wooten Council Members Absent: None December 12, 2023 58 ITEM— V.L.2 PLANNING ITEMS ITEM#75109 Upon motion by Vice Mayor Wilson, seconded by Council Member Berlucchi, City Council APPROVED, AS MODIFIED,AS CONDITIONED, BY CONSENT, application of BONNEY BRIGHT SAND CO. / BONNEY G. BRIGHT for a Modification of Conditions to a Conditional Use Permit re borrow pit expansion at 200 Princess Anne Road DISTRICT 2 BE IT HEREBY ORDAINED BY THE COUNCIL OF THE CITY OF VIRGINIA BEACH, VIRGINIA BONNEY BRIGHT SAND CO./BONNEY G. BRIGHT for a Modification of Conditions to a Conditional Use Permit re borrow pit expansion at 200 Princess Anne Road (GPINs 2317621327, 2317709466, 2317723259, 2317612520, 2317603371)DISTRICT 2 The following conditions shall be required: 1. All previous conditions attached to the Modification of Conditions Permit approvals of August 3, 2021, shall be voided, and replaced with the following conditions below. 2. Activities on the site shall meet all the requirements identified by the Virginia Department of Mines, Minerals and Energy. Additionally, the applicant shall renew their permit and license with the Department of Mines,Minerals and Energy before October 21, 2023. 3. No excavation or restoration of the borrow pit expansion shall be allowed without first obtaining any necessary permits from the appropriate Federal, State and Local agencies, required as a result of the expansion of the existing borrow pit operation. In addition, the applicant shall renew the Non-Metallic Mineral Mining General Permit from the Department of Environmental Quality for the proposed expansion. 4. No excavation of restoration of the borrow pit shall commence until such time that a site plan has been reviewed and approved by the Development Services Center. The site plan must include a specific street and highway contingency plan that addresses the repair and replacement of any damaged roadway surfaces associated with the borrow pit operation. The site plan shall also detail the truck watering schedule currently utilized for the abatement of the dust generated by this operation and must indicate the sequence of construction for maintaining 3:1 side slopes on the borrow pit within sixty (60) days after the excavation is complete. 5. No access to or from Pocahontas Club Road shall be permitted for the borrow pit operation. 6. Operating hours shall be 7:00 a.m. to 7:00 p.m., Monday through Saturday. No operations shall be permitted on Sunday. December 12, 2023 59 ITEM— V.L.2 PLANNING ITEMS ITEM#75109 (Continued) 7. No encroachment into existing easements will be allowed. Access to drainage easements must be provided by the applicant over all the output systems within the site. 8. No encroachments into natural drainage channels shall be permitted. 9. The existing buffer of pine trees along Princess Anne Road, the double row of Loblolly and Virginia pine trees, an understory row of wax myrtle shrubs and the three to four-foot-high berm along Pocahontas Club Road used for screening and buffering shall remain undisturbed. 10. A row of pine trees shall be planted along Princess Anne Road continuing north from the existing trees that will be used as screening and buffering for the expansion of the borrow pit. The required pine trees shall be allowed to grow and be maintained at a height of no less than thirty(30)feet. 11. Undrained pockets and stagnant pools resulting from surface drainage shall be sprayed in accordance with requirements of the state board of health to eliminate breeding places for mosquitos and other insects. 12. The one hundred (100)foot buffer between the cemetery in the southeast corner and the excavation site must remain undisturbed. 13. The maximum depth of the proposed expansion shall not exceed an elevation of 25.00 feet below ground surface from elevation 0.00 feet below ground surface. The applicant shall not breach the confining layers regardless of depth. 14. Dewatering of the pit will be allowed and the following are required: a. A permitfrom the Virginia Water Control Board is required to discharge any water from dewatering into a state waterway. b. The operator of the borrow pit shall be responsible for continuous water service for the private wells up to one thousand(1,000)feet from the borrow pit operation and those within twenty-five hundred(2,500)feet ifproved to be affected by this operation. 15. The maximum number of truck trips generated by the borrow pit shall be seventy(75)per day. A truck trip shall be considered one round trip, in and out of the borrow pit. 16. All trucks and equipment used in conjunction with the borrow pit operation must be stored, repaired, and fueled on the borrow pit site or on property zoned for such use. December 12, 2023 60 ITEM— V.L.2 PLANNING ITEMS ITEM#75109 (Continued) 17. The applicant and/or operator of the borrow pit shall provide sufficient information to further the knowledge of the impacted subsurface geology by providing a Monitoring Well/Bore Hole Installation Plan and to estimate existing and projected recharge of dewatering operation discharge water. The applicant shall provide a Groundwater Recharge Plan, which shall include all phases of the expansion, subject to the approval of the Director of Public Utilities or designee. 18. The Groundwater Recharge Plan shall provide for the retention of water onsite to the highest degree practical. As one means to achieve this, the flooding of depleted mine areas shall be implemented to the maximum extent practical and outlined in detail in the Groundwater Recharge Plan, accounting for all phases of expansion and reclamation. The applicant and/or operator of the borrow pit shall provide a reliable quarterly report to the Department of Public Utilities to include the analysis of the recharge system. This plan shall contain the amount of water pumped from the borrow pit, the amount of groundwater recharged on the site, the amount of water discharged to offsite surface water, the local precipitation, and a detailed description of the way in which each of these volumes were determined. The plan shall be subject to the approval of the Director of Public Utilities or designee. 19. Testing shall be performed at each monitoring well a minimum of four times a year and analytical results shall be provided to the Director of Public Utilities or designee. The Director of Public Utilities or designee may reduce monitoring frequency to annual testing at each well. If, in the judgement of the Director of Public Utilities or designee, such results indicate that saltwater intrusion is occurring to such extent that private drinking water wells are threatened, the applicant shall cease dewatering of the borrow pit at the cost of the borrow pit operator. 20. Extension of time for operations is ending in June 2030, to include restoration of the property. 21. When mining is complete, the applicant shall redevelop the sides of the pit to a 3:1 slope within six (6) months as depicted on the plan for the borrow pit entitled "Reclamation Plan", dated October 3, 2007, revised September 10, 2009, revised July 1, 2021, prepared by Gallup Surveyors and Engineers. Said plan has been exhibited to the City of Virginia Beach City Council and is on file in the Planning Department. 22. The applicant shall provide quarterly reports from the test wells to include nitrate readings. The reports shall be submitted to the Zoning Administrator for review by the Water Resources Manager. Following the first year,frequency of the reports shall be determined by the Water Resources Manager. Required frequency shall not exceed four(4)reports per year. December 12, 2023 61 ITEM— V.L.2 PLANNING ITEMS ITEM#75109 (Continued) 23. The applicant shall submit a site development plan in accordance with the Zoning Ordinance, Article 2 C Section 227 Borrow Pits to the Development Services Center of the Planning Department for review and approval prior to any excavation of the additional areas depicted on the submitted site plan entitled "PROPOSED BORROW PIT EXPANSION PLAN FOR BONNEY G. BRIGHT", dated October 3, 2007, revised September 10, 2009, revised March 12, 2021,prepared by Gallup Surveyors&Engineers. Said plan has been exhibited to the City of Virginia Beach City Council and is on file in the Planning Department. 24. Trucks that haul material to and from the property shall not use Princess Anne Road as an ingress and egress for the operation. All trucks in association with the mining operation shall use the entrance in North Carolina to enter and exit the site.If the entrance from Princess Anne Road is used to haul material than the following shall apply: the operator shall install a left turn lane on Princess Anne Road into the borrow pit entrance, the property owner shall dedicate as deemed necessary by City Staff any additional right-of-way to accommodate the turn lane, the entrance from Princess Anne Road shall be paved and the pavement shall extend fifty (50)feet back from the property line and then graveled an additional fifty (50)feet, and an entrance plan shall be required subject to the review and approval by Department of Public Works/Traffic Engineering. This Ordinance shall be effective in accordance with Section 10769 of the Zoning Ordinance. Adopted by the City Council of the City of Virginia Beach, Virginia, on the 12'h day of December Two Thousand Twenty Three. Voting: 10-0 Council Members Voting Aye: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash" Schulman, Chris Taylor, Vice Mayor Rosemary Wilson and Sabrina D. Wooten Council Members Absent: None December 12, 2023 All �• . w p a P1 AG2 AG,2 J ° s � D AG�1 00 l e N ® site Bonney Bright Sand Co W E Property Polygons Zoning 200 Princess Anne Road s Building Feet 0 245490 980 1,470 1,960 2,450 2,940 62 ITEM— V.L.3 PLANNING ITEMS ITEM#75110 Upon motion by Vice Mayor Wilson, seconded by Council Member Berlucchi, City Council APPROVED, AS MODIFIED,AS CONDITIONED,BY CONSENT,application ofAMBERLY CARTER/LONGBAY POINT PARTNERS,LLC for a Modi acation of Conditions to a Conditional Use Permit re assembly use at 2105 West Great Neck Road DISTRICT 8 BE IT HEREBY ORDAINED BY THE COUNCIL OF THE CITY OF VIRGINIA BEACH, VIRGINIA AMBERLY CARTER/LONGBAY POINT PARTNERS,LLC for a Modification of Conditions to a Conditional Use Permit re assembly use at 2105 West Great Neck Road (GRIN 1499382174)DISTRICT 8 The following conditions shall be required: 1. All previous conditions attached to the previous Conditional Use Permit granted on February 18, 2020, shall be voided and replaced with the following conditions below. 2. A business license for the Assembly Use shall not be issued to the applicant without the approval of the Health Department to ensure consistency with the provisions of Chapter 23 of the City Code. 3. The applicant shall obtain all necessary permits and inspections from the Planning Department/Permits and Inspections Division. The applicant shall secure a Certificate of Occupancy from the Building Official's Office for use of the existing building as an Assembly Use. 4. The maximum number of individuals within the facility to include the covered patio shall not exceed 197 or the maximum number as required by applicable building codes, noted on the Certificate of Occupancy, and posted by the Fire Marshal. S. Any on-site signage for the establishment shall meet the requirements of the City Zoning Ordinance, and there shall be no neon, electronic display or similar sign installed on the exterior of the building or in any window, or on the doors. A separate sign permit shall be obtained from the Planning Department for the installation of any new signs. 6. All lighting, temporary or permanent, related to events held on the subject property, shall be directed downward and towards the interior of the site and contained such that the source of light shall be shielded from view from any area outside of the property. 7. Any outdoor storage of materials associated with the Assembly Use shall be prohibited. 8. All trash receptacles shall be emptied regularly so as not to overflow, and litter and debris shall not be allowed to accumulate. December 12, 2023 63 ITEM— V.L.3 PLANNING ITEMS ITEM#75110 (Continued) 9. Consistent with the requirements for a Special Event,for each event exceeding 250 people, the applicant shall obtain a Special Event Permit and shall notes the Police Department, the Fire Prevention Bureau, the Health Department and Emergency Medical Services of the event's time, size, and scope of activities. 10. No amplification of music or use of speakers shall be permitted eutside of the main btidding after 8:90 p. except within the main enclosed building. i This Ordinance shall be effective in accordance with Section 10769 of the Zoning Ordinance. Adopted by the City Council of the City of Virginia Beach, Virginia, on the 12`h day of December Two Thousand Twenty Three. Voting: 10-0 Council Members Voting Aye: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash" Schulman, Chris Taylor, Vice Mayor Rosemary Wilson and Sabrina D. Wooten Council Members Absent: None December 12, 2023 R10 0 R10 a � R10 R20 R40 R30 N ® Site . --- Amberly Carter W E Property Polygons 2105 West Great Neck Road S Zoning Building Feet 0 4080 160 240 320 400 480 64 ITEM— V L.4 PLANNING ITEMS ITEM#75111 Upon motion by Vice Mayor Wilson, seconded by Council Member Berlucchi, City Council APPROVED, AS PROFFERED, BY CONSENT, application of MICHAEL D. SIFEN, INC/ROBERT W. WHITE JR. & ET AL, ROBERT W. WHITE JR. for a Conditional Change of Zoning from AG-1 & AG-2 Agricultural Districts to Conditional R-10 Residential District re develop a 38-lot single-family subdivision at 2000&2004 Princess Anne Road DISTRICT 2 BE IT HEREBY ORDAINED BY THE COUNCIL OF THE CITY OF VIRGINIA BEACH, VIRGINIA MICHAEL D. SIFEN,INC/ROBERT W. WHITE JR. & ET AL, ROBERT W. WHITE JR. for a Conditional Change of Zoning from AG-1 &AG-2 Agricultural Districts to Conditional R-10 Residential District re develop a 38-lot single-family subdivision at 2000 & 2004 Princess Anne Road (GPINs 2413088768, 2413093020)DISTRICT 2 The following conditions shall be required: An agreement encompassing Proffers shall be recorded with the Clerk of the Circuit Court This Ordinance shall be effective in accordance with Section 107(t)of the Zoning Ordinance. Adopted by the City Council of the City of Virginia Beach, Virginia, on the 12`h day of December Two Thousand Twenty Three. Voting: 9-0 Council Members Voting Aye: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash"Schulman, Vice Mayor Rosemary Wilson and Sabrina D. Wooten Council Members Abstaining: Chris Taylor due to a professional relationship with one of the applicants Council Members Absent: None December 12, 2023 MICHAEL D. SIFEN, INC.,a Virginia stock corporation ROBERT W.WHITE,JR.,individually ROBERT W. WHITE, JR., as TRUSTEE OF THE FAMILY TRUST CREATED UNDER THE ROBERT W. WHITE,SR. REVOCABLE LIVING TRUST U/A/D 8/22/01 KIMBERLY S. WHITE, KYLIE S. DRIVER, KAITLIN ELIZABETH WHITE, KATHRYN L. MARTIN, and KOLBY MADISON WHITE TO (PROFFERED COVENANTS, RESTRICTIONS AND CONDITIONS) CITY OF VIRGINIA BEACH, a municipal corporation of the Commonwealth of Virginia THIS AGREEMENT, made this 15th day of July, 2023,by and between MICHAEL D. SIFEN, INC., a Virginia stock corporation, party of the first part, Grantor; ROBERT W. WHITE, JR., individually,party of the second part, Grantor; and ROBERT W.WHITE,JR.,as TRUSTEE OF THE FAMILY TRUST CREATED UNDER THE ROBERT W. WHITE, SR. REVOCABLE LIVING TRUST U/A/D 8/22/01, party of the third part, Grantor; and KIMBERLY S. WHITE, KYLIE S. DRIVER, KAITLIN ELIZABETH WHITE,KATHRYN L. MARTIN,and KOLBY MADISON WHITE,parties of the fourth part Grantors; and THE CITY OF VIRGINIA BEACH, a municipal corporation of the Commonwealth of Virginia,party of the fifth part, Grantee. WITNESSETH: WHEREAS, the parties of the second, third and fourth part are the owners of a parcel of land located in District 2 (formerly Princess Anne) of the City of Virginia Beach containing approximately 35.59 acres which is more particularly described as"PARCEL ONE"on Exhibit"A" attached hereto and incorporated herein by this reference. Said parcel along with PARCEL TWO as described on Exhibit"A" are herein collectively referred to as the "Property"; and WHEREAS,the party of the second part is the owner of a parcel of land located in District 2 (formerly Princess Anne) of the City of Virginia Beach containing approximately 2.76 acres which is more particularly described as "PARCEL TWO" on Exhibit "A" attached hereto and GPIN: PARCEL ONE 2413-08-8768-0000 PARCEL TWO 2413-09-3020-0000 Prepared by: R.Edward Bourdon,Jr.,Esquire VSB#22160 Sykes,Bourdon,Ahern&Levy,P.C. 4429 Bonney Road,Suite 500 Virginia Beach,Virginia 23462 incorporated herein by this reference. Said parcel along with PARCEL ONE as described on Exhibit"A"are herein collectively referred to as the "Property"; and WHEREAS,the party of the first part,as contract purchaser of the Property, has initiated a conditional amendment to the Zoning Map of the City of Virginia Beach, Virginia, by petition addressed to the Grantee so as to change the Zoning Classification of the Property from AG-1 Agricultural District and AG-2 Agricultural District to Conditional R-10 Residential District; and WHEREAS,the Grantee's policy is to provide only for the orderly development of land for various purposes through zoning and other land development legislation; and WHEREAS, the Grantors acknowledge that the competing and sometimes incompatible uses conflict and that in order to permit differing uses on and in the area of the Property and at the same time to recognize the effects of change, and the need for various types of uses, certain reasonable conditions governing the use of the Property for the protection of the community that are not generally applicable to land similarly zoned are needed to cope with the situation to which the Grantors' rezoning application gives rise; and WHEREAS,the Grantors have voluntarily proffered, in writing, in advance of and prior to the public hearing before the Grantee,as a part of the proposed amendment to the Zoning Map, in addition to the regulations provided for the Residential District by the existing overall Zoning Ordinance, the following reasonable conditions related to the physical development, operation,and use of the Property to be adopted as a part of said amendment to the Zoning Map relative and applicable to the Property,which has a reasonable relation to the rezoning and the need for which is generated by the rezoning. NOW, THEREFORE, the Grantors, for themselves, their successors, personal representatives, assigns, grantees, and other successors in title or interest, voluntarily and without any requirement by or exaction from the Grantee or its governing body and without any element of compulsion or gqjLid pro uo for zoning, rezoning, site plan, building permit, or subdivision approval, hereby make the following declaration of conditions and restrictions which shall restrict and govern the physical development,operation,and use of the Property and hereby covenant and agree that this declaration shall constitute covenants running with the Property, which shall be binding upon the Property and upon all parties and persons claiming under or through the Grantors,their successors,personal representatives,assigns,grantees,and other successors in interest or title: 1. When the Property is subdivided, developed and landscaped, it shall have the entrance, neighborhood identification sign, typical street section, landscaping, trails and open 2 spaces, including the 150'Transition Area Buffer substantially as depicted and described on the exhibits entitled, "ROBERT WHITE FARM COMMUNITY - VIRGINIA BEACH, VA. CONCEPTUAL LAYOUT",dated July 16,2023 and"ROBERT WHITE FARM COMMUNITY-VIRGINIA BEACH,VA. CONCEPTUAL LANDSCAPE PLAN", dated July 16, 2023, prepared by Timmons Group, copies of which have been exhibited to the Virginia Beach City Council are on file with the Virginia Beach Department of Planning (the "Conceptual Subdivision Plan" and "Conceptual Landscape Plan") and are incorporated herein by this reference. A detailed landscape plan for the designated landscaped buffers as depicted on the Conceptual Landscape Plan shall be submitted with the Subdivision Construction Plan and the landscaped buffer on the north side of the Property along with the designated area to be reforested shall be in lieu of the landscape buffer specified by the rural residential development guidelines to protect adjoining agriculturally zoned property. 2. When the Property is developed, it will be subdivided into no more than thirty- eight(38) single family residential building lots each having a minimum of 12,000 square feet of area. The thirty-eight(38) new homes will be built with a crawlspace or a raised slab foundation and they will contain a minimum of 2,200 square feet of living area for a two story dwelling and 2,000 square feet of living area for a one story dwelling. Each home shall have no less than a two (2) car garage and utilize the quality architectural features and design elements substantially as depicted on the eight (8) pictorial exhibits designated "Robert White Farm Subdivision - Home Quality Example" (1 through 8),which have been exhibited to the Virginia Beach City Council are on file with the Virginia Beach Department of Planning (the "Quality Home Depictions") and are incorporated herein by this reference. 3. When the Property is developed,the exterior building materials to be used on the residential structures shall consist primarily of high quality architectural shingles, cementitious siding (e.g., "HardiPlank"), brick or masonry stone, or a combination of those materials along with high-quality accent or ancillary material such as metal roof accents and vinyl shutters. The quality and colors of the exterior building materials shall be substantially as depicted and described on the "ROBERT WHITE FARM SUBDIVISION PROFFERED MATERIAL SELECTION" containing nine (9) pages and dated July 15,2023,which has been exhibited to the Virginia Beach City Council is on file with the Virginia Beach Department of Planning (the "Material Selection") and is incorporated herein by this reference. 4. When the Property is developed,the "playground" area designated within one of the "OPEN SPACE" areas on the Conceptual Subdivision Plan shall be equipped with a children's swing and "PRANCING PANDA" playground equipment substantially as depicted on the six (6) 3 page exhibit entitled "ROBERT WHITE FARM SUBDIVISION - PLAYGROUND EQUIPMENT dated July 15, 2023", which has been exhibited to the Virginia Beach City Council is on file with the Virginia Beach Department of Planning (the "Playground Equipment") and is incorporated herein by this reference. The area designated"REFORESTED PASSIVE OPEN SPACE 8.8±AC"will be sprigged with indigenous evergreen and deciduous trees and otherwise allowed to reforest and regenerate naturally. 5. When the Property is developed,on street parking within the community shall be restricted to one (1) side of the street. In addition to the added turn lanes within the Princess Anne Road right of way, and other required improvements within the existing rights of way to create the entrance to this community, as depicted on the Conceptual Subdivision Plan, additional intersection traffic signalization will be installed at the intersection by the party of the first part. As depicted on the Conceptual Subdivision Plan,the community entrance road will be a divided roadway with a curbed median in lieu of a second access vehicular point to this small community. 6. When the Property is developed, the party of the first part shall record a Declaration submitting the building lots, all of the other property, and where applicable any easements outside the public rights of way to a mandatory membership Home Owners' Association which shall own and be responsible for maintaining all open space areas, common areas, Transition Area Buffer Easement, vegetated buffer areas, entrance feature signage, landscaping, benches, playground equipment and other improvements within the Open Space Areas, as depicted on the Subdivision Plans. The open spaces and landscape buffers, including the 150'Transition Area Buffer shall be conveyed to the Home Owners'Association prior to the issuance of the first occupancy permit. 7. When the Subdivision Plat and Subdivision Construction Plans are submitted,the final stormwater management plan submitted to the Development Services Center (DSC) shall be in substantial conformance with the Preliminary Drainage Study and shall comply with the Stormwater Management Ordinance. 8. Further conditions may be required by the Grantee during detailed Subdivision and/or Site Plan review and administration of applicable City Codes by all cognizant City agencies and departments to meet all applicable City Code requirements. The above conditions, having been proffered by the Grantors and allowed and accepted by the Grantee as part of the amendment to the Zoning Ordinance,shall continue in full force and effect until a subsequent amendment changes the zoning of the Property and specifically repeals 4 such conditions. Such conditions shall continue despite a subsequent amendment to the Zoning Ordinance even if the subsequent amendment is part of a comprehensive implementation of a new or substantially revised Zoning Ordinance until specifically repealed. The conditions, however, may be repealed, amended, or varied by written instrument recorded in the Clerk's Office of the Circuit Court of the City of Virginia Beach, Virginia, and executed by the record owner of the Property at the time of recordation of such instrument, provided that said instrument is consented to by the Grantee in writing as evidenced by a certified copy of an ordinance or a resolution adopted by the governing body of the Grantee, after a public hearing before the Grantee which was advertised pursuant to the provisions of Section 15.2-2204 of the Code of Virginia, 1950, as amended. Said ordinance or resolution shall be recorded along with said instrument as conclusive evidence of such consent, and if not so recorded, said instrument shall be void. The Grantors covenant and agree that: (1) The Zoning Administrator of the City of Virginia Beach, Virginia, shall be vested with all necessary authority, on behalf of the governing body of the City of Virginia Beach, Virginia, to administer and enforce the foregoing conditions and restrictions, including the authority(a) to order,in writing,that any noncompliance with such conditions be remedied; and (b) to bring legal action or suit to insure compliance with such conditions, including mandatory or prohibitory injunction,abatement, damages, or other appropriate action,suit, or proceeding; (2) The failure to meet all conditions and restrictions shall constitute cause to deny the issuance of any of the required building or occupancy permits as may be appropriate; (3) If aggrieved by any decision of the Zoning Administrator, made pursuant to these provisions, the Grantors shall petition the governing body for the review thereof prior to instituting proceedings in court; and (4) The Zoning Map may show by an appropriate symbol on the map the existence of conditions attaching to the zoning of the Property, and the ordinances and the conditions may be made readily available and accessible for public inspection in the office of the Zoning Administrator and in the Planning Department, and they shall be recorded in the Clerk's Office of the Circuit Court of the City of Virginia Beach,Virginia,and indexed in the name of the Grantors and the Grantee. 5 WITNESS the following signature and seal: Grantor: Michael D. Sifen, Inc.,a Virginia stock corporation By: k (—(SEAL) Michael D.Sifen, Presi e STATE OF VIRGINIA CITY OF VIRGINIA BEACH,to-wit: The foregoing instrument was acknowledged before me this day of 2023,by Michael D.Sifen,President of Michael D.Sifen,Inc.,a Virginia stock corporation,Grantor. -;�w—M Notary Public My Commission Expires: qbe 4Z *!*,\ITANotary Registration Numr: �•`� P•'''�COiy'•;�'•'• �i % Z' !tfl O CP 09 , �ICll����� 6 WITNESS the following signature and seal: Grantor: bq' � l (SEAL) Robert W.White,Jr. STATE OF -1 r 1Y� CITY/COUNTY i r7j ) to-wit: The foregoing in rument was acknowledged before me this day ofj 2023,by Robert W.White,Jr.,Grantor.I K)-*"\ 1 Notary Public My Commission Expires: EP - _z:__1 \����`0� 1111R 1///''/ Notary Registration Number - �.���O�40NVV���'•��'%, v; ��Ty -REGISTRATION NO.'• -N 351361 - -_Q MY COMM.EXPIRES.Z= 06/30/2027 %0F 7 WITNESS the following signature and seal: Grantor: The Family Trust created under the Robert W.White,Sr. Revocable Living Trust under agreement dated August 22, 2001. r By: IQ, — ✓' E (SEAL) Robert W.White,Jr rustee STATE OF V1 VC01n CITY/COUNTY it 11'1�1� o-wit: The foregoing instrument was acknowledged before me this- _Uay of, 2023,by Robert W.White,Jr.,Trustee under the Family Trust created under the Robert W.W ite, Sr. Revocable Living Trust under agreement dated August 22, 2001,Grantor. "Notary cE RNWMy Commission Expires: — Notary Registration Number: =i:RE�isTRE,TioN No. 0 _N; W361 p1RES-Z 'MY 063012 27 ��i ,�OF VIRG��'• � ��� 8 WITNESS the following signature and seal: Grantor: All ( (SEAL) Kimberly S.White by Robe .White Jr., her attorney-in-fact STATE OF 1 CITY/COUNTY OE yj ynlY-) to-wit: The foregoing instrument was acknowledged before me this2ZU day 04�t 2023,by Kimberly S.White,Grantor by Robert W.White,Jr., her attorney-in-fact. Notary Public My Commission Expires: O�KKER Notary Registration Number: (Q `.v-t`oMoNU;F�` \ •REGIST RATION NO N= =Q; 351361 :O_ ;MY COMM.EXPIRES;'Z 06/30/2027 i T 9 WITNESS the following signature and seal: Grantor: "J 1 1 � 1 � (SEAL) Kylie S. Driver,by Robert W.flte Jr., her attorney-in-fact STATE OF t i 'w CITY/COUNTY F tr t G 1 to-wit: The foregoing instrument was acknowledged before me this-ZIQ day of l�1 2023,by Kylie S. Driver, Grantor by Robert W.White,Jr.,her attorney-in-fact. A eDf� Notary Public My Commission Expires: ONwF Notary Registration Numbep yaE LZ lP_ 2:REGISTRATION No.'. 351361 'MY COMM.EXPIRES:Z= 06/30/2027 .0 V1 RG%t�P' ) RY 10 WITNESS the following signature and seal: Grantor: �)' �' a 1 Q I P,dzk (SEAL) Kaitlin Elizabeth White by ert W.White,Jr., her attorney-in-fact r STATE OF ) Y_0ly-)'1vq CITY/COUNTY to-wit: tt The foregoing instrument was acknowledged before me this 2�day ofV 2023,by Kaitlin Elizabeth White, Grantor by Robert W.White,Jr.,her attorney-in-fat. Notary Public ���tttu n u lrrrrii My Commission Expires: - - ��. �oNw Notary Registration Number M q�Ty 2'REGIS7flp,TION NO.;NO 351361 ;Z Q 06 30/2027IRES: '' 0.....Ry 11 WITNESS the following signature and seal: Grantor: t QI Q7 (SEAL) Kathryn L. Martin by Robert White Jr., her attorney-in-fact STATE OF 11►� } CITY/COUNTY 1 1 ,to-wit: ` The foregoing ins rument was acknowledged before me this' day of,3 lit 2023,by Kathryn L. Martin,Grantor by Robert W.White,Jr.,her attorney-in-fact. ) Notary Public \\\\111111111////� My Commission Expires: — \�,��`�,�KER plc%,�� Notary Registration Number: 40:° V y' �. ►S7RpTION No' (p 2:REG 351361 ;Z Q'.MY COMM.EXPIRES: 0613012027 P \\ ''�6FAIRY►PJ���`• 12 WITNESS the following signature and seal: Grantor: i � ' i 1 (SEAL) Kolby Madison White by R ert W.White Jr., her attorney-in-fact STATE OF Y CITY/COUNTY I o-wit: —� The foregoing � ins ent was acknowledged before me this3 day oftl 2023,by Kolby Madison White,Grantor by Robert W.White,Jr., her attorney-in-fact. i Otary Public \\\\\00KER'p�''�i,�� C My Commission Expires: a0M Notary Registration Number =2 EGISTRATION NO.,.0 _W: 351361 :Z _ Q.MY COMM.EXPIRES, _ 06/30/2027 ��� /` F VIRGIN•' \G��` YIPV��`��� 13 EXHIBIT "A" PARCEL l: ALL THAT certain tract, piece or parcel of land, with the improvements thereon, situate, lying and being in the Princess Anne Borough of the City of Virginia Beach, State of Virginia, fronting on the highway known as Route 615, now known as Princess Anne Road, leading from Nimmo Church to Pungo, originally containing 48.24 acres, more or less,being bounded on the West by the aforementioned public road, on the North by the land now or formerly belonging to George W. Land, on the East by the property now or formerly of the United States Government known as the Pungo Airfield, and on the South by the lands now or formerly belonging to Mittie L. Cooper, et als., known as the home farm of William H.James with Four and One-half(4.5) acres of Woodland south of the Mittie L.Cooper property. LESS,SAVE and EXCEPT,however that certain parcel of land containing 2.76 acres,more or less, conveyed by Cameron Munden, et ux. To Merritt E. Hitchings, and wife, by deed dated July 7, 1954, and recorded in the above mentioned Clerk's Office in Deed Book 366, at page 286, reference to said deed being hereby made for a more particular description of the parcel excepted; and LESS, SAVE and EXCEPT further, that certain 1.33 acre parcel conveyed to Jefferson Utley and Kimberly Jeanne Utley, by Deed of Gift dated December 21, 1999, and recorded in Deed Book 4185 at page 1360 (GPIN 2403-98-9694):and LESS, SAVE and EXCEPT that certain parcel of land containing 0.372 acres and conveyed to the City of Va. Beach by Certificate of Take No. 1239 recorded in the aforesaid Clerk's Office in Deed Book 3048, Page 1858 and in the Final Order Vesting Title recorded in Instrument No. 20031124001954070. GPIN: 2413-08-8768-0000 PARCEL II: ALL THAT certain tract, piece or parcel of land, with the buildings and improvements thereon, situate, lying and being in the City of Virginia Beach, State of Virginia, fronting on the Nimmo- Pungo Road, now known as Princess Anne Road or Route 615, shown and designated on a plat and survey thereof, made by W.B. Gallup, County Surveyor, dated May 18, 1954, and duly recorded in the Clerk's Office of the Circuit Court of the City of Virginia Beach, Virginia, in Map Book 36,at page 50,and being more particularly described as follows: Beginning at a pin in the eastern line of the right of way of Nimmo-Pungo Road, distant 450.3' N 60 degrees E,as measured along the eastern line of the right of way of said road from a pipe in a ditch separating the property of Munden from the property of Cooper, and from said point, running along the edge of the right of way of said road, N 36 degrees W 196'to a pin;thence S 56 14 degrees 36' E 616.5' to a pin; thence S 36 degrees W 196' to a pin; thence N 56 degrees 36' W 616.5'to the point of the beginning,said tract of land containing 2.76 acres. GPIN: 2413-09-3020-0000 H:\AM\`Conditional Rezoning\~Sifen_Michael D Inc\"White Farm\Proffer Agreement—final 6-09-2023.docx 15 B1A P1 B1 A } AG 1 Pi 0 47 I C1 a 16 Pio P1 /g1A �� � Q' 01AEG-1 - 00, ol R2,0 Q. 40 • Q Q P1 k• /Q � o ; C� d r�llo_ �� AG2 Co l® 10 a G2 �R30 R- � ,� R30 30 A � �� �0 R3'0 Ci , N ® Site Michael D. Sifen, Inc W ` ,E Property Polygons 2000 & 2004 Princess Anne Road Zoning s Building Feet 0 75150 300 450 600 750 900 65 ITEM— V.L.5 PLANNING ITEMS ITEM#75112 Upon motion by Vice Mayor Wilson, seconded by Council Member Berlucchi, City Council APPROVED, AS CONDITIONED, BY CONSENT, application of ANNA CASTILLO-LORA / WINDSOR OAKS WEST PAR 3, LLC for a Conditional Use Permit re assembly use at 4356 Holland Road, Suite 101 DISTRICT 3 BE IT HEREBY ORDAINED BY THE COUNCIL OF THE CITY OF VIRGINIA BEACH, VIRGINIA ANNA CASTILLO-LORA/WINDSOR OAKS WEST PAR 3, LLC for a Conditional Use Permit re assembly use at 4356 Holland Road, Suite 101 (GPIN 1476873632)DISTRICT 3 The following conditions shall be required: 1. A business license for the Assembly Use shall not be issued to the applicant without the approval of the Health Department to ensure consistency with the provision of Chapter 23 of the City Code. 2. The applicant shall obtain all necessary permits and inspections from the Department of Planning & Community Development/Permits and Inspections Division. The applicant shall secure a Certificate of Occupancy for use of the existing building as an Assembly Use. 3. The maximum occupancy load shall not exceed the maximum number as required by applicable building codes, noted on the Certificate of Occupancy, and posted by the Fire Marshal. 4. Any on-site signage for the establishment shall meet the requirements of the City Zoning Ordinance, and there shall be no neon, electronic display or similar sign installed on the exterior of the building or in any window, or on the doors. A separate sign permit shall be obtained from the Department of Planning& Community Development for the installation of any new signs. 5. All event activities shall occur within the building. Outdoor events shall be prohibited unless specifically permitted with a Special Event Permit. 6. No amplification of music or use of speakers shall be permitted except within the enclosed building. 7. Hours of operation shall be limited to 9:00 a.m. to 10:00 p.m.,Monday through Sunday. This Ordinance shall be effective in accordance with Section 107(f)of the Zoning Ordinance. Adopted by the City Council of the City of Virginia Beach, Virginia, on the 12`h day of December Two Thousand Twenty Three. December 12, 2023 66 ITEM— V.L.5 PLANNING ITEMS ITEM#75112 (Continued) Voting: 10-0 Council Members Voting Aye: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash" Schulman, Chris Taylor, Vice Mayor Rosemary Wilson and Sabrina D. Wooten Council Members Absent: None December 12, 2023 0 O Al2 0 � 0 132 0 ,� Shoreline Court o� , 132 PDH1 N Site Anna Castillo-Lora W E Property Polygons 4356 Holland Road, Suite 101 Zoning s Building Feet 01530 60 90 120 150 180 67 ITEM— V L.6 PLANNING ITEMS ITEM#75113 Upon motion by Vice Mayor Wilson, seconded by Council Member Berlucchi, City Council APPROVED, BY CONSENT, Ordinance to AMEND Section 1804 of the City Zoning Ordinance(CZO)re Discretionary Development Applications Voting: 9-1 Council Members Voting Aye: Michael F. Berlucchi, Mayor Robert M. Dyer, Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash" Schulman Chris Taylor, Vice Mayor Rosemary Wilson and Sabrina D. Wooten Council Members Voting Nay: Barbara M. Henley Council Members Absent: None December 12, 2023 1 AN ORDINANCE TO AMEND SECTION 1804 2 OF THE CITY ZONING ORDINANCE 3 PERTAINING TO DISCRETIONARY 4 DEVELOPMENT APPLICATIONS 5 6 Section Amended: § 1804 of the City Zoning 7 Ordinance 8 9 WHEREAS, the public necessity, convenience, general welfare and good zoning 10 practice so require; 11 12 BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF VIRGINIA 13 BEACH, VIRGINIA: 14 15 That Section 1804 of the City Zoning Ordinance is hereby amended and 16 reordained to read as follows: 17 18 . . . . 19 20 (d) Redevelopment. The provisions of this section shall not apply to discretionary 21 development applications for the redevelopment of property where the proposed 22 dwelling unit density is the same as or lower than the actual unit density existing at 23 the time the application is submitted. Actual units are those units that exist on the 24 property at the time of application 25 26 (e) Dwelling unit density- Reduction in density required 27 28 (1) Definitions 29 30 (i) For purposes of this section Previously Authorized Dwelling Units is 31 defined as residential uses currently permitted or approved prior to 32 December 20, 2005: 33 34 (1 ) as a matter of right; 35 (2) subject to a conditional use permit or proffer agreement; or 36 subject to any prior City Council approval 37 38 (2) Notwithstanding the provisions of subsection (a) above where Previously 39 Authorized_ Dwelling Units are permitted on one or more contiguous properties 40 City Council may consider an application or modification that would allow (1) the 41 Previously Authorized Dwelling units to be changed in form and/or relocated (2) 42 the incorporation of additional land; (3) or the introduction of compatible uses as 43 per section 1804 subject to the following: 44 45 0 No Previously Authorized Dwelling Units shall be relocated into a higher 46 noise zone or into an Accident Potential Zone or Clear Zone; and 1 47 ii Previously Authorized Dwelling Units that are affected or changed by the 48 proposed discretionary action shall be reduced by 5%, except as noted 49 below. 50 51 (3) Nothing in this section shall require the reduction of Previously Authorized 52 Dwelling Units for discretionary actions that: 53 54 (i) Shift Previously Authorized Dwelling Units to a lower noise zone, but only 55 for those Previously Authorized Dwelling Units that are actually moved, 56 not the entire development; or 57 LD Modify conditions or proffers where the number of Previously Authorized 58 Dwelling Units are not increased the site layout or building design is 59 modified and no additional uses are proposed; or 60 Lio It is determined by the Zoning Administrator to be Redevelopment and 61 meets the criteria as set forth in section 1804 (d) of this ordinance. 62 63 (4) No actions taken in accordance with subdivision (e) of this section shall be 64 allowed to take the additional bonus density of the City Zoning Ordinance, Article 65 21 Workforce Housing. Adopted by the Council of the City of Virginia Beach, Virginia, on the 12th day of December 2023. APPROVED AS TO CONTENT: APPROVED AS TO LEGAL SUFFICIENCY: tanning Department City Atto 7 '7 Office CA15506 R-7 November 20, 2023 2 68 ITEM— V.L.7 PLANNING ITEMS ITEM#75114 Upon motion by Vice Mayor Wilson, seconded by Council Member Berlucchi, City Council APPROVED, BY CONSENT, Ordinance to AMEND Sections 237 and 901 of the City Zoning Ordinance(CZO)re use of mini-warehouses in the B-4C Zoning District Voting: 8-2 Council Members Voting Aye: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash"Schulman and Vice Mayor Rosemary Wilson Council Members Voting Nay: Chris Taylor Sabrina D. Wooten Council Members Absent: None December 12, 2023 1 AN ORDINANCE TO AMEND SECTIONS 237 2 AND 901 OF THE CITY ZONING 3 ORDINANCE PERTAINING TO MINI- 4 WAREHOUSES 5 6 Sections Amended: §§ 237 and 901 7 8 WHEREAS, the public necessity, convenience, general welfare, and good zoning 9 practice so require; 10 11 BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF VIRGINIA 12 BEACH, VIRGINIA: 13 14 That Sections 237 and 901 of the City Zoning Ordinance are hereby amended 15 and reordained to read as follows: 16 17 Sec. 237. Mini-warehouses. 18 19 In addition to general requirements, the following special requirements and 20 limitations shall apply to mini-warehouses in all districts, excluding the B-4C district, in 21 which they are generally permitted: 22 23 (a) Lighting. All outdoor lights shall be shielded to direct light and glare onto the 24 mini-warehouse premises; said lighting and glare shall be deflected, shaded, 25 and focused away from all adjoining property. Any outdoor lighting fixtures 26 shall not be erected any higher than fourteen (14) feet. 27 28 (b) Fencing. The mini-warehouse facility shall be completely enclosed, except for 29 necessary openings for ingress and egress, by a fence or wall not less than six 30 (6) feet in height, except where prohibited by section 201(e)(1) of this 31 ordinance, and Category VI landscaping. 32 33 (c) Form. Mini-warehouses in B-4C shall be a multi-story fully enclosed mixed-use 34 building. 35 36 (1) Such building shall include two (2) or more uses within the building. 37 Applicable uses include Retail Sales, Services, Office; Institutional 38 Recreational, and Industrial, and those uses permitted by the applicable 39 zoning district in which the mini-warehouse is located. The storage facility 40 shall be counted as one of the uses. 41 42 (2) No storage units shall be located on the ground floor: however, a maximum 43 of thirty (30) percent of the ground floor area may be used as storage 44 related office and/or retail space. 45 46 . . . . 1 47 48 Sec. 901. Use regulations. 49 50 (a) Principal and conditional uses. The following chart lists those uses permitted 51 within the B-1 through B-4K Business Districts. Those uses and structures in the 52 respective business districts shall be permitted as either principal uses indicated 53 by a "P" or as conditional uses indicated by a "C." Uses and structures indicated 54 by an "X" shall be prohibited in the respective districts. No uses or structures 55 other than as specified shall be permitted. 56 Use B-1 B- B-2 B-3 B-4 B- B- 1A 4C 4K Mini-warehouses; must comply with the X C I C C C X-C X provisions of section 237 57 58 Adopted by the Council of the City of Virginia Beach, Virginia, on the 12 t h day 59 of December , 2023. APPROVED AS TO CONTENT: APPROVED AS TO LEGAL SUFFICIENCY: tanning Department City Attorney's Office CA16284 R-6 November 7, 2023 2 69 ITEM— V M APPOINTMENTS ITEM#75115 BY CONSENSUS, City Council RESCHEDULED the following APPOINTMENTS: BAYFRONT ADVISORY COMMISSION BEACHES AND WATERWAYS ADVISORY COMMISSION CLEAN COMMUNITY COMMISSION COMMUNITY SERVICES BOARD DEFERRED COMPENSATION BOARD GREEN RIBBON COMMITTEE HAMPTONROADS TRANSPORTATION PLANNING ORGANIZATION HISTORIC PRESERVATION COMMISSION IN-HOUSE PHARMACYEXPLORA TOR Y COMMITTEE MILITAR Y ECONOMIC DEVELOPMENT ADVISORY COMMITTEE OLD BEACH DESIGN REVIEW BOARD OPEN SPACE ADVISORY COMMITTEE PROCESS IMPROVEMENT STEERING COMMITTEE PUBLIC LIBRARYBOARD RESORT ADVISORY COMMISSION SENIOR SERVICES OF SOUTHEASTERN VA BOARD URBAN A GRICUL TURE ADVISORY COMMITTEE 11IRGINL4 BEACH CANNABIS ADVISORY TASK FORCE VIRGINIA BEACH COMMUNITY DEVELOPMENT CORPORATION WETLANDS BOARD December 12, 2023 70 ITEM— V.M APPOINTMENTS ITEM#75116 Upon NOMINATION by Vice Mayor Wilson, City Council APPOINTED: MYRA PAYNE (Representing District 6) Unexpired term thru 813112026 PARKS AND RECREATION COMMISSION Voting: 10-0 Council Members Voting Aye: Michael F.Berlucchi,Mayor Robert M.Dyer,Barbara M.Henley,Robert W. "Worth" Remick, Dr. Amelia N. Ross-Hammond, Jennifer Rouse, Joashua F. "Joash" Schulman, Chris Taylor, Vice Mayor Rosemary Wilson and Sabrina D. Wooten Council Members Absent: None December 12, 2023 7/ ADJOURNMENT ITEM#75117 Mayor Robert M. Dyer DECLARED the City Council FORMAL SESSION ADJOURNED at 6:24 P.M. QTem . a aus Chief Deputy City Clerk A a Barnes,MMC Robert M. Dyer City Clerk Mayor City of Virginia Beach Virginia December 12, 2023