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04-19-2018 Regular Workshop Agenda
The City ®f CityCommission ilei ff ura WorkshopMeeting April 19, 2018 Following 9:00 A.M. Commission Meeting 19200 west Country Club Drive Aventura,FL 33180 Executive Conference Room AGENDA 1. Call to Order/Roll Call 2. Appointment of Adhoc Charter High School Construction Liaison (Mayor Weisman) 3. Charter High School Update (Eric Soroka) 4. Investment Policy Update*/** (Brian Raducci/Insight Investment) 5. Aventura Talks (Commissioner Mezrahi)* 6. Arts and Cultural Center Advisory Board Appointments* (Susan Grant, Mayor Weisman) 7. MOU with PBA for Pension Buyback* (Susan Grant) 8. Dog Park Update* (Commissioner Dr. Marks) 9. Boycott, Divestment, and Sanctions Resolution* (Commissioner Landman) 10. 25th Annual PBA Awards Gala* (Mayor Weisman) 11. Support for Miami-Dade Police Chiefs Association Adoption of Federal Definition of Antisemitism* (Mayor Weisman) 12. Adjournment * Back-up Information Exists ** PowerPoint Presentation This meeting is open to the public.In accordance with the Americans with Disabilities Act of 1990,all persons who are disabled and who need special accommodations to participate in this meeting because of that disability should contact the Office of the City Clerk,305-466-8901,not later than two days prior to such proceeding.One or more members of the City of Aventura Advisory Boards may be in attendance and may participate in the meeting.Agenda items may be viewed at the Office of the City Clerk,City of Aventura Government Center, 19200 W.Country Club Drive,Aventura,Florida,33180,or online at cityofaventura.com. CITY OF AVENTURA a Finance Department � - - wlg FN FY 2017/18 Investment Report Second Quarter Ended March 31, 2018 (Unaudited) CITY OF AVENTURA � Finance Department _P Index °S € Performance Measurement................................................................................................................... 1 Insight Investment Quarterly Summary............................................................................................ 1 -2 Schedule of Investment Portfolio Balances by Classification ...............................................................2 Schedule of Insight's Total Return Performance Since Inception.........................................................2 Schedule of Interest Earnings............................................................................................................... 3 Schedule of Interest Rates (Annual)..................................................................................................... 3 Summary of Core Investment and Enhanced Cash Portfolios .............................................................4 Background ......................................................................................................................................... 5 ■ Pooled Cash............................................................................................................................. 5 ■ Cash, Cash Equivalents and Investments............................................................................... 5 Investment Portfolio Objectives (by priority) ......................................................................................... 6 ■ Safety of Capital....................................................................................................................... 6 ■ Liquidity of Funds..................................................................................................................... 6 ■ Investment Income................................................................................................................... 6 InvestmentCategories.......................................................................................................................... 6 ■ Bank of America Merrill Lynch —Operating Account...............................................................6 ■ Local Government Surplus Funds Trust Fund (Florida PRIME).............................................. 6 ■ Guaranteed Investment Contract ("GIC")................................................................................. 6 ■ State of Israel Bonds................................................................................................................ 7 ■ Investments under Management— Insight Investment (a BNY Mellon Co.)............................ 7 Investment Management Profile and Annual Fee Information.............................................................. 7 Custody ......................................................................................................................................... 7 Exhibits Investment Under Management— Insight Investment ■ Economic Highlights and Portfolio Strategy Summary................................................Exhibit A ■ Portfolio and Compliance Summary ............................................................................Exhibit B ■ Authorized Investments Summary Table..................................................................Exhibit B.2 Local Government Surplus Funds Trust Fund — Florida Prime 0 Portfolio Overview........................................................................................................Exhibit C CITY OF AVENTURA FINANCE DEPARTMENT MEMORANDUM TO: Susan Grant, City Manager FROM: Brian K. Raducci, Finance Director DATE: April 13, 2018 SUBJECT: FY 2017/18 Investment Report Second Quarter Ended March 31, 2018 Attached, please find the FY 2017/18 Investment Report for the Second Quarter Ended March 31, 2018. Upon your review, please let me know if you should have any questions or require additional information. PERFORMANCE MEASUREMENT The investment portfolio will be managed in accordance with the parameters specified within the investment policy and should obtain a market average rate of return during a market/economic environment of stable interest rates while insuring sufficient liquidity. The long-term investment portfolio shall be designed with the annual objective of exceeding the return of the Bank of America Merrill Lynch 1-3 Year Treasury/Agency Index compared to the portfolio's total rate of return. The Merrill Lynch 1-3 Year Treasury/Agency Index represents all U.S. Treasury/Agency securities maturing over one (1) year, but less than three (3) years. This maturity range is an appropriate benchmark based on the City's objectives for this portfolio. The short-term investment portfolio (Enhanced Cash) shall be designed with the objective of exceeding the Bank of America Merrill Lynch 6 Month Treasury Bill. This maturity range is an appropriate benchmark based on the City's objectives for this portfolio. The short-term investment portfolio shall be designed with the annual objective of exceeding the return of the SBA. INSIGHT INVESTMENT QUARTERLY SUMMARY On April 12, 2018, Mr. David Witthohn from the City's investment manager — Insight Investment ("Insight"), provided the attached letter ('Exhibit A") which recaps the financial summary for the current quarter. Mr. Witthohn will be at the April 19, 2018 Commission Workshop to provide the Commission with an Investment Management Program Review. The following highlighted text is a brief excerpt taken from Exhibit A: Insight's strategy for the City's two investment portfolios is anchored in our belief that interest rates will continue to increase with additional FOMC increases in the overnight rate. 1 Currently, the Fed is projecting that they will increase the overnight funds rate two more times in 2018, bringing the overnight rate from its current level of 1.75% to 2.25% by the end of 2018. The City's Core portfolio maintains a slightly shorter durations so as to limit the impact of decreasing bond prices and to allow the portfolio to quickly to take advantage of the rising rates. These active duration management strategies are designed to moderate the portfolio's exposure to interest rate risk, while the continued diversification to additional market sectors may enhance the portfolio's return. Also attached, you will find Insight's Portfolio and Compliance Summary ("Exhibit B°') for the Quarter Ended March 31, 2018 which demonstrates that the composition of the City's investment portfolio is in compliance with our investment policy. Below is a Schedule of the City's investment portfolio balances by classification for the most recent three (3) fiscal quarters as well as a Schedule of Insight's performance (Gross of Fees) since inception. Schedule of Investment Portfolio Balances by Classification Balance Balance Balance Classification 09/30/2017 Net Change 12/31/2017 Net Change 3/31/2018 Bank of America-Operating $ 13,969,001 $ 4,804,085 $ 18,773,086 $ (196,449) $ 18,576,637 SBA-Fund A(Florida Prime) 23,295,422 81,566 23,376,988 7,159,419 30,536,407 Guaranteed Investment Contract 500,000 - 500,000 - 500,000 State of Israel Bonds 2-Year Jubilee Issue Bonds Tenth Series 150,000 - 150,000 150,000 Investments under Management-Insight U.S. Government Securities (UST) 6,203,743 5,345,748 5,121,700 U.S. Government Agencies 1,054,605 297,294 1,351,899 (210,207) 1,141,692 Instrumentalities (U.S. Sponsored) 5,983,255 472,104 6,455,359 (246,241) 6,209,118 Commercial Paper 99,942 (99,942) - 99,697 99,697 Corporate Notes 4,058,510 226,840 4,285,350 331,515 4,616,865 Asset Backed Securities 1,218,716 (100,041) 1,118,675 251,627 1,370,302 Money Market Funds 26,908 57,808 84,716 (19,315) 65,401 subtotal 18,645,679 854,063 18,641,747 207,076 18,624,775 Total Cash and Investments $ 56,560,102 $ 5,739,714 $ 61,441,821 $ 7,170,046 $ 68,387,819 Schedule of Insight's Total Return Performance Since Inception Core Investment Portfolio Since Inception* Since Inception* Since Inception* City's Return 1.20% 1.14% 1.09% Bank of America Merrill Lynch US Treasury/Agency 1-3 Years (Benchmark) 1.01% 0.95% 0.91% Manager's Value Added 0.19% 0.19% 0.18% Returns for periods greater than one year are annualized Returns are gross of fees-Portfolio inception is 7/31/2009 Enhanced Cash Portfolio Since Inception** Since Inception** Since Inception** City's Return 0.44% 0.46% 0.48% Bank of America Merrill Lynch 6 Month TreaE 0.35% 0.37% 0.40% Manager's Value Added 0.09% 0.09% 0.08% Returns for periods greater than one year are annualized Returns are gross of fees-Portfolio inception is 3/31/2010 2 Below is a Schedule of Interest Earnings for FY 2017/18 on the City's SBA, GIC and State of Israel Bonds investment portfolios through March 31, 2018. Schedule of Interest Earnings State of Israel Month SBA-Fund A GIC Bonds* Total October 2017 $ 26,863.88 $ 2,100.00 $ - $ 28,963.88 November 2017 26,142.49 2,100.00 1,431.68 29,674.17 December 2017 28,560.49 2,100.00 - 30,660.49 January 2018 31,662.84 2,100.00 - 33,762.84 February 2018 36,972.36 2,100.00 - 39,072.36 March 2018 46,282.91 2,100.00 - 48,382.91 Total $ 196,484.97 $ 12,600.00 $ 1,431.68 $ 210,516.65 Notes: Issued on the 1 st and 15th of each month. Interest paid every May 1 st and November 1 sr Schedule of Interest Rates(Annual) Core Investment Portfolio Enhanced Cash Portfolio State of Israel Yield to Worst Yield to Worst Month SBA-Fund A GIC Bonds* Total Return (YTD) Total Return (YTD) October 2017 1.37% 5.04% 1.89% 1.19% 1.70% 0.45% 1.37% November 2017 1.37% 5.04% 1.89% 1.15% 1.89% 0.45% 1.56% December 2017 1.45% 5.04% 1.89% 1.14% 1.99% 0.46% 1.61% January 2018 1.60% 5.04% 1.89% 1.10% 2.24% 0.47% 1.74% February 2018 1.80% 5.04% 1.89% 1.08% 2.38% 0.47% 1.99% March 2018 1.79% 5.04% 1.89% 1.09% 2.45% 0.48% 2.06% *Notes: Issued on the 1st and 15th of each month. Interest paid every May 1 st and November 1't. Interest Rates for the SBA- Fund A are monthly averages. Interest Rates for the Core Investment and the Enhanced Cash Portfolios are calculated and presented in two (2) different methods as follows: Total Return (Price Volatility is Considered) This method takes into account all price movements which in effect assumes that all securities are sold (at the current market price) at the end of each measurement period. Yield to Worst (YTW) (Price Volatility is Not Considered) This calculation assumes that all securities will be held until maturity. Since most of the securities that the City purchases are intended to be held until maturity (when full value is reached), price movement is not considered, which may result in a more likely "realized" interest rate calculation. 3 V N M M (M O — 00 V r w (0 O V I-- r Lo O LO 00 M m V 00 v r N V O (0 r (0 (O M V M w O (D I� In 00 I1- M 00 U7 V U7 � � r U7 00 (O w M LO 00 U O N r V r co M O m V O N co 00 N I- 0 V v n (D 0 (0 (0 U7 Lr)- V7 0 O M V O (D 0 M M V (0 r f- M �--' N N O tt) N r (14 — O N U) N N L dD f T V N Lo- N 04 04 M M (n a0 00 00 r r r � fH EH fH EH fH EH EH EH M Lo — 00 N (O N r N co N r I- 00 O 00 00 1O (O O (O N M 00 M M M M f- (O M m O M w . . (O 00 O m n W M M O O I- M O N n co 00 M V r co V N (O M (O w co M M O M 00 0 N N N 07 M 0 M M O 00 M O 0 (O 0 M 00 M M N NN r NnN NNM N O N - 0) V L r (O 1O co LL M M LL In 16 LL 00 00 � r r co E fH EH fH EH fH EH M O V M to N O (O V N N (0 (O 00 f- 00 (O I- N V LO N (O M r 0') 00 00 00 W N N V M V OA r M V O N 0) 00 00 N N O U 00 (O M (O O V 00 co V 00 (O O Il_ v co M — — O I- M 0 M M M N O N 00 (O 0 N 00 M N O O 00 (D V r N N � M V I� � N a0 M W0 m ' M M ' In 1p ' 00 00 N r r O O fH EH fH EH fH EH O +� (O I� O O M 00 M 0-) 0) f::- N V O 0) 0) 1D L O 00 0) M 00 I- 0) LO M r 0') 00 M - M O N 00 I- � N O r M M n 00 0 0) M Il OA a d +-' n O r 00 (O 1O n N m m 0v n N r O l0 M O L 0 00 r r M r 0 I� a0 O (O N 0 (0 (O V O N M L N GV (V n N M M I� -- O t N V Lo N N CO r V (0 co U Gl 33 0 M co Q (n to 0 00 00 r r V N � � � fH EH fH EH fH EH R U s R (D m OD 00 M V O 00 0 N M N w m W 0 V CO (O O V r VO M n V N w w jV LO V CO 00 �_ (n (O M (n O (O O V N 00 I- N O O r O m 00 V (0 N a0 N M N N R U O O 0) 00 N (O 00 O V (O - M V f- O V (CU) CO N tO LU N NO o0 (O M n N M N w N (LO N M Iq t 0 LO 0 r 0 (O OD O Z Z to co co � 0 N fH E9 fH EH fH EH `�- (6 C — p (O N N f- N M O M I- V M (O W U m r V N V 0 M r 0 O O V M 0 N V C 0 (O r- r N 00 (M (M r V O O (M 00 OD C n r 00 V In f� n M W O M M r f� I- (O M 00 O r (O O r M M M (O r V 0 00 M O 0 L N (n CF) C6 O N0 U) r (D N V (O O 00 00 w N 0) N V O V �O V M V tO > d V V LO V r V M OD C m Q (6 cl Q (O tO Q 000 Oro >, 3 EH EH EH EH EH EH L C t O t O t O 3 O p c2 c c 2 a O O O O O O O L. v! y y y y Ei CC O O O .a O O .a O O .a io � C C C 'y � C C W W W W .� CL 70 � N r r V 0 D w O 0 w .a C)) 0 w w Z3X LL O m .� N N O L R M d N J N 3 d - N J N 3 R w N J N 3 3 C U C O .Q C N R t O .Q C N R O cn U a! m m .� E m > (n m m E > O m E m > > r m E O U Ur N a+ R O U Ur N > a+ O U Ur N a+ a+ L ,�.YY � c O U �Y c O O �Y � c O O O n GJ N W U L (6 W U L (6 W U L L O 0 � N Q 0) R V N Q 0) R O N Q 0) R R C m a� O m in m c � o m in m a o io in m c m U W O t R Y U W O t Y U w O t Q) O Of U U 0 (r U U D 0 of U U 0 0 Q U 2 H W 2 H H H H > BACKGROUND On May 22, 2009, the City adopted Chapter 6.6 of the Administrative Policy Directives and Procedures Manual (Investment Objectives and Parameters), revising the investment objectives and parameters for the City's management of public funds. These policies are designed to ensure the prudent management of public funds, the availability of operating and capital funds when needed and a competitive investment return. This investment policy applies to the investment of public funds in excess of amounts needed to meet current expenses and does not apply to the City's pension funds, including those funds in chapters 175 and 185 or funds related to the issuance of debt where there are other existing policies or indentures in effect which govern the investment of such funds. This policy shall be construed and applied so as to comply with Section 218.415, F.S. Since its original adoption, the policy has been revised based on Insight's recommendations as follows: • Shortly after the City adopted APDP 6.6, the investment policy was expanded to include the following categories: Commercial Paper, Corporate Notes and Taxable/Tax-Exempt Municipal Bonds which were adopted as part of the 2009/10 budget (through Ordinance 2009-17) • Revisions to the policy have been adopted as follows; November 1, 2011 (Resolution 2011- 61), July 8, 2014 (Resolution 2014-33) and again on October 10, 2016 (Resolution No. 2016-59). These revisions were made to our investment policy thus allowing us to operate more effectively and efficiently under the then current economic climate while remaining in compliance with Section 218.415, F.S. Pooled Cash The City maintains a pooled cash account for all funds, enabling the City to invest large amounts of idle cash for short periods of time and to optimize earnings potential. Cash and cash equivalents represents the amount owned by each City fund. Interest earned on pooled cash and investments is allocated monthly based on cash balances of the respective funds. Investments are reported at their fair value based on quoted market prices as reported by recognized security exchanges. Cash, Cash Equivalents and Investments This investment category consists of cash and short-term investments with original maturities of three (3) months or less when purchased, include cash on hand, demand deposits and investments with the Florida State Board of Administration ("SBA") a Local Government Surplus Funds Trust Fund Investment Pool ("Pool"). 5 INVESTMENT PORTFOLIO OBJECTIVS (by priority) Safety of Capital The City's primary investment objective is the protection of public funds in a manner that seeks to ensure the preservation of capital in the overall portfolio. Diversifying the portfolio so that potential losses on individual securities will be minimized is a key component of this objective. This objective also ensures that the portfolio is structured so that securities mature to meet cash requirements for ongoing operations, thereby avoiding the need to sell securities on the open market prior to maturity. Liquidity of Funds The City's investment strategy will provide sufficient liquidity to meet the City's operating, payroll and capital requirements. To the extent possible, an attempt will be made to match investment maturities with known cash needs and anticipated cash flow requirements. Investment Income The City's investment portfolio shall be designed with the intent of attaining a market rate of return throughout the budgetary and economic cycles, taking into account the City's investment risk constraints and liquidity needs. Return on investment is of secondary importance compared to the safety and liquidity objectives described above. INVESTMENT CATEGORIES Bank of America Merrill Lynch — Operating Account The City's operating funds are currently in a Full Analysis Business Checking Account. This account receives an earnings credit based on balances which serves to offset our analysis charges. The City is part of the collateral pool and deposits for this account are collateralized under that arrangement. At March 31, 2018, the Pool was covered based on Bank of America's required collateral amounts with the Florida Pool. Local Government Surplus Funds Trust Fund (Florida PRIME) Local Government Surplus Funds Trust Fund (Florida PRIME) is a 2a7-like pool and the value of the City's position is the same as the value of the pool shares and is recorded at amortized cost. Attached, you will find Florida PRIME'S most recent Portfolio Overview as of December 31, 2017 ("Exhibit c°). Guaranteed Investment Contract ("GIC") The City has a GIC that is not subject to interest rate classification because it is a direct contractual investment and is not a security. The GIC is also not rated for credit risk classification purposes. The GIC provides for a guaranteed return on investments over a specific period of time at a rate of 5.04% per annum and its value is expected to be sufficient to meet the reserve fund requirement for the Series 2000A Revenue Note of a minimum of$500,000. 6 State of Israel Bonds On October 10, 2016 the City Commission approved the addition of the State of Israel Bonds to our List of Authorized Investments with a maximum composition and maturity of $150,000 and three (3) years, respectively. A Schedule of the City's State of Israel Bonds as of March 31, 2018 can be found below. Schedule of State of Israel Bonds by Classification Issue Maturity Principal Maturity Classification Bond Rate Date Date Amount Value Jubilee Issue Bonds Tenth Series 2-Year 1.80% 12/15/2016 12/01/2018 $ 50,000 $ 50,000 Jubilee Issue Bonds Tenth Series 2-Year 1.96% 01/15/2017 01/01/2019 50,000 50,000 Jubilee Issue Bonds Tenth Series 2-Year 1.92% 02/15/2017 02/01/2019 50,000 50,000 Total State of Israel Bonds $ 150,000 $ 150,000 Notes: Issued on the 1 st and 15 th of each month. Interest paid every May 1 st and November 1 sr Investments under Management — Insight Investment (a BNY Mellon Company) The City contracts with a Professional Investment Manager — Insight Investment to manage a portion of the City's investment portfolio in accordance with our Investment Objectives and Parameters Policy. INVESTMENT MANAGEMENT PROFILE AND FEE INFORMATION The following is an excerpt of a marketing piece from Insight's website found at: https://www.bnvmellon.com/us/en/who-we-serve/govenments-and-publics.osp Governments and Publics "BNY Mellon understands the financial issues facing governments at both the federal and state level. We understand the drivers around the need for greater transparency, enhanced cybersecurity and innovative technologies. Whether it's managing large government programs, supporting retirement plans, accessing the debt capital markets or finding investment management solutions, we have the depth and breadth of experience and infrastructure to address your needs and help you operate more effectively." Annual Fee Information Insight's annual fee for providing investment advisory services for the City is as follows: Assets Annual Fee Up to and including $10 million 10 basis points (.10%) Over $10 million 8 basis points (.08%) CUSTODY Regions Bank serves as the City's 3rd- Party Custodian for all of the City's investments under BNY's management. 7 .rte, CITY OF AVENTURA -_ Finance DepartmentAMP as c. Exhibit Investments Under Management (Insight Investment) Economic Highlights and Portfolio Strategy Exhibit A Insight INVESTMENT April 12, 2018 Brian Raducci, CPA Finance Director City of Aventura 19200 West Country Club Drive Aventura, FL 33180 RE: Quarter Ending March 31, 2018 Dear Brian, For your review, we have included the highlights of both economic activity, changes in the interest rate environment and the current strategy that we are using for the City's investment portfolios. Economic Indicators and Monetary Policy The Federal Open Market Committee (FOMC) met on March 21 and voted unanimously to raise the target range for the fed funds rate by 25 basis points to 1.5% to 1.75%. During the press conference that followed the meeting, Federal Reserve (Fed) Chairman Powell indicated that further gradual increases in the fed funds target rate will support the Committee's dual objectives of price stability and a strong labor market in the context of continued economic expansion. Forward guidance from the FOMC revealed an increase compared to the December median projections for the fed funds rate at year-end 2019 and 2020 to 2.9% and 3.4% respectively. The projected fed funds rate for year-end 2018 was unchanged from the December FOMC forecast of 2.1%. After the FOMC meeting, two year Treasury yields fell to end the month at 2.27% after reaching a high of 2.35% the day before the meeting. This decrease in yield was fueled in part by concerns about the economic impact of a potential trade war with China. Equity market volatility also weighed on investor sentiment to close the quarter. The payroll report was released on March 9 and showed that 313,000 jobs were added in February compared to expectations for 205,000 new jobs. January gains were revised to 239,000 jobs added from 200,000. The February unemployment rate was 4.1% and the underemployment rate was 8.2%, both unchanged from January. Average hourly earnings in February disappointed at 2.6% annual growth compared to expectations of 2.8% and January earnings were revised down to 2.8% from 2.9% growth. The Institute for Supply Management (ISM) Manufacturing Index was released on March 1 at 60.8 and the Non- Manufacturing Index was released on March 5 at 59.5. Both indices reflect an expanding economic environment. On March 28 the final estimate for fourth quarter GDP showed growth of 2.9% compared to earlier readings of 2.5% and 2.7%. The final revision was driven in part by increases in consumer spending. Personal consumption increased to 4% for the final estimate of fourth quarter GDP. Interest Rate Summary At the end of March the 3-month US Treasury bill yielded 1.71%, the 6-month US Treasury bill yielded 1.92%, the 2- year US Treasury note yielded 2.27%, the 5-year US Treasury note yielded 2.56% and the 10-year US Treasury note yielded 2.74%. Insight Investment, 200 Park Avenue, 7th Floor, New York, NY 10166 T: 212 527 1800 F:212 527 1818 www.insightinvestment.com Treasury Yield Curve: 3/31/17 and 3/31/18 d.44?b 'Y �psi M& 1 S rn lk" 1}r }r $ r 4}r a}r 6}r t}r S}r }r 14 r Strategy Summary Insight's strategy for the City's two investment portfolios is anchored in our belief that interest rates will continue to increase with additional FOMC increases in the overnight rate. Currently, the Fed is projecting that they will increase the overnight funds rate two more times in 2018, bringing the overnight rate from its current level of 1.75% to 2.25% by the end of 2018. The City's Core portfolio maintains a slightly shorter durations so as to limit the impact of decreasing bond prices and to allow the portfolio to quickly to take advantage of the rising rates. These active duration management strategies are designed to moderate the portfolio's exposure to interest rate risk, while the continued diversification to additional market sectors may enhance the portfolio's return. Portfolio Analysis The return on the City's Enhanced Cash portfolio for the quarter ending March 31, 2018 was .33%, which was just over the return on the Enhanced Cash benchmark (BOA ML 6-Month Treasury bill) return of.32%. The one year return of the portfolio was 1.15%, outperforming the benchmark's return of just 1.15% for the same period. The duration of the portfolio was .47 years, shorter than the benchmark's duration of.49 years. The yield-to-worst of the City's portfolio was 2.06%, while the benchmark's yield-to-worst was just 1.92%. The return on the City's Core portfolio for the quarter ending March 31, 2018 was -.17%, which was just under the benchmark's (BOA ML US Treasury 1-3 Years) return of-.12%. The one year return of the portfolio was .26% outdistancing the benchmark return of only .05% for the same period. The duration of the portfolio was 1.69 years which was shorter than the benchmark's duration of 1.86 years. This shorter duration was a contributor to the performance in the current rising rate environment. The yield-to-worst of the City's portfolio was 2.45% while the yield-to-worst of the benchmark was 2.29%. This is the summary of the portfolio's most recent performance and an overview of the current economic conditions. Sincerely, David Witthohn, CFA, CIPM Senior Portfolio Specialist Insight INVESTMENT Insight Investment, 200 Park Avenue, 7th Floor, New York, NY 10166 T: 212 527 1800 F:212 527 1818 www.insightinvestment.com CITY OF AVENTURA -= Finance Department �- L l+ Exhibit Investments Under Management (Insight Investment) Portfolio and Compliance Summary Authorized Investments Summary Table A E 4-Jx E » c w LU U) # # # \ , 8 � � ° co ° ^ ® 22 a Ln Ln ® § \ \ \ \ \ \ ƒ a� Ln ® » 4 ° 2 00 ro LLnU E ) ) 0 } 22 < yw LnGo� _ \ r § \ � � o N = 4 4 : i / } } 0 z 0 k 0 < L.a k \ L. \ \ o � o \ \ \ \ \ ` \ $ u ce � � � / 2 \ Eo \ EE \ uuu \ J33> k / \ ' / / 2 0--o ( ( ( ( ( ( E @ / \ \ \ § y \ \ j \ \ \ \ \ \ / \ \ \ - 0 CD / / j \ \ / \ \ \ zz m41 §_ Q � V � \ \ \ \ CO-NNN ( \ ( E a # c a 2 � § CL y \ & 0 ^ Q \ } g LL) cc- 0 . � ` ` ° § 41 § ' & U. < \ o ( \ ® - / k / ° & 5 2 5 ( E ( 5 � � $ ± ! 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IL x V) co N cOE o O E E r N o N co E g I co U M x > U mr E� —dw (D E L = N coU) O m tl o X Q Q Q U Q ? d E Q z Q (� z C a) 6 L LLJ L lL O O C N O L) m g O m p Q ~ -° m _ af 3m C7 m ° w Q U) U) L w r E a E 2> ° o o a � � 0- E m E m m ° 4 w ° u Y �5 m U � O m a iq E o o m N O O `. � Y c ; a o y U _LM O m m m m a N QLL m m �_ o U) N ) > L CD m N cr 7 _O O E N U) E cofA C co 3 0 = N O (n 0 N J U O O U m C C C LO 7 .0 V '� !_' cn m O O � U U N O Q �, N y `o c°) c N E m (n Q (n UO (n Nin N '� E ua m 'y m > - w o E a°) � ° O ate) E ° m m -° m U C C C N in E � m m 2 0 aai 0 > w -m° a E E E E N LL E N m .� m o m a r m Y a Y m L E L N E C C x L t+ N C 0) 0,-.2� U) 7 m O N N N E L — D a m ♦>� ♦>� ♦>� N N a W V O m r N > `o V V V 0 CL N O cu N co U N E m 2 F- c °_ .+>' °_ ° Ln m U) fn fn 'C Q Y a z ~ x L) v 0) cn Oa o ami c N N N a) U) V c L c0 Y u a m w `o o E .m E N +u +) +) m co J N cu L +� co co O m ° Q m � E m E r (n (n (n 0 > co N E o — m ° ° O O O U) i co O > E o m m N a m m > .E E .E E N +) +) +) 7 N E x co c m a o o > C C C + N O +J O O O co In L — '� O o U w LL U U H Q of C,4 ri v LL Lo . co ? m -°)° - CITY OF AVENTURA -= Finance Department �- L l+ Exhibit Local Government Surplus Funds Trust Fund (Florida PRIME) Portfolio Overview 41 Exhibit C e FLORIDA M _ Premier aManagement Public Entities PORTFOLIO OVERVIEW as of 12/31/17 Pool Assets - Seeks preservation of capital,liquidity and competitive yield $11.4 billion - Accessed through easy-to-use,reliable technology Credit Quality Composition(%) - Backed by personal,ongoing support from people who understand— and are committed to—Florida public finance Conservative Management Consistent With State Statutes and A-1+64.4 Best Industry Practices ■A-1 35.6 0 The Local Government Surplus Funds Trust Fund (Florida PRIME)was created OF by an Act of the Florida Legislature in 1977 and currently serves over 700 participants across the state. Effective Maturity Schedule(%) . Invests exclusively in short-term, high-quality fixed-income securities rated in the highest short-term rating category by one or more nationally recognized ■1-7 days 40.8 statistical rating organizations,or securities of comparable quality. ■8-30 days 15.2 - Seeks to maintain a$1.00 value and maintain a weighted average maturity of -31-90 days 28.5 60 days or less,with the maximum maturity of any investment limited to 397 days. 91-180 days 7.3 181+days 5.2 . Rated AAAm by Standard &Poors,the highest rating available for a local 1wt government investment pool. Portfolio Composition(%) - Complies with legislation that requires numerous operational and reporting ■Commercial enhancements, including restating investment objectives to emphasize safety, isPaper 62.6 liquidity and competitive returns with minimization of risks;and providing for ■Bank enhanced internal controls,transparency and communication. Instruments 25.1 ■Money Market Management by a World-Class Firm That Understands Public Finance Funds 8.4 ■Corporate - Since February 13,2008, Federated Investors has managed the assets of Notes 1.6 Florida PRIME to the exact specifications of its investment policies. Repurchase . Founded in 1955,Federated is a market leader in providing Investment management Agreements 2.3 p g g and administrative services to public sector cash investors. Federated is also one of Top Holdings(%) _ the largest institutional cash investment managers in the U.S.' Wells Fargo&Co. 5.1 The Hi hest Level Of Su Toronto Dominion Bank 5.0 g Support Through Superior Technology Mitsubishi UFJ Financial Group,Inc. 4.9 . Pool participants can efficiently and accurately initiate transactions and obtain Barton Capital S.A. 4.8 account information through online systems. Canadian Imperial Bank of Commerce 4.7 Sumitomo Mitsui Financial Group,Inc. 4.5 - www.sbafla.com/prime provides access to full portfolio information, as well as Dreyfus Government Cash 4.4 links to transaction and inquiry tools-24 hours a day,seven days a week. Management Fund Old Line Funding,LLC 4.4 TO learn more about the advantages Of putting Florida PRIME to work, Bank of Nova Scotia,Toronto 4.2 call 1-850-488-7311. Antalis S.A. 4.1 Total%of Portfolio: 46.1 'iMoneyNei;Inc. 12/31/17 Portfolio holdings and composition are shown as of the date indicated.Since market conditions fluctuate Effective Average Maturity suddenly and frequently,the portfolio holdings may change and this list is not indicative of future portfolio composition.These portfolio holdings am not intended to be and do not constitute recommendations that 44.9 Days others buy,sell,or hold any of the securities listed. An investment in the Pool is not insured or guaranteed by any government or government agency.Although the manager of the Pool seeks to preserve principal, it is possible to lose money by depositing money in the Pool. An AAAm rating by Standard&Poor' is obtained after S&P evaluates a number of factors including credit quality,market price exposure and management.Ratings are subject to change and do not remove market risk Federated Investment Counseling Federated is a registered trademark of Federated Investors,Inc. 2018©Federated Investors,Inc. G40461-10(1/18) CITY OF AVENTURA 6 6 1 ;tea; ADMINISTRATIVE POLICY DIRECTIVES chapter# sub Page AND PROCEDURES MANUAL Date May 22, Issued: 2009 CHAPTER: FINANCE, BUDGET & PURCHASING APPROVED: City Manager SUBJECT. INVESTMENT OBJECTIVES AND PARAMETERS PURPOSE The purpose of this policy is to set forth the investment objectives and parameters for the management of public funds of the City. These policies are designed to ensure the prudent management of public funds, the availability of operating and capital funds when needed and a competitive investment return. I. SCOPE This investment policy applies to the investment of public funds in excess of amounts needed to meet current expenses, which includes cash and investment balances of City funds. This policy does not apply to the City's pension funds, including those funds in chapters 175 and 185 or funds related to the issuance of debt where there are other existing policies or indentures in effect which govern the investment of such funds. This policy shall be construed and applied so as to comply with Section 218.415, F.S. II. INVESTMENT OBJECTIVES Investment objectives include safety of capital, liquidity of funds and investment income, in that order. The following objectives will be applied in the management of the City's funds: A. Safety of Capital The primary objective of the City's investment program is the protection of public funds. Investments shall be undertaken in a manner that seeks to ensure the preservation of capital in the overall portfolio. The objective will be to mitigate credit risk and interest rate risk. 1. Credit Risk — The City will minimize credit risk, the risk of loss due to the failure of the security issuer or backer, by: a) Limiting investments to the safest type of securities; b) Pre-qualifying the financial institution, broker/dealer, intermediaries and advisors with which the City will do business; c) Diversifying the investment portfolio so that potential losses on individual securities will be minimized. 2. Interest Rate Risk—The City will minimize the risk that the market value of securities in the portfolio APDP 6.6.3 will fall due to changes in general interest rates, by: a) Structuring the investment portfolio so that securities mature to meet cash requirements for ongoing operations, thereby avoiding the need to sell securities on the open market prior to maturity; b) Investing operating funds primarily in shorter-term securities, money market mutual funds or similar investment pools. B. Liquidity of Funds The City's investment strategy will provide sufficient liquidity to meet the City's operating, payroll and capital requirements. To the extent possible, an attempt will be made to match investment maturities with known cash needs and anticipated cash flow requirements. Since all possible cash demands cannot be anticipated, the portfolio should consist largely of securities with active secondary or resale markets. A portion of the portfolio also may be placed in money market mutual funds or local government investment pools which offer same-day liquidity for short-term funds. C. Investment Income The City's investment portfolio shall be designed with the intent of attaining a market rate of return throughout the budgetary and economic cycles, taking into account the City's investment risk constraints and liquidity needs. Return on investment is of secondary importance compared to the safety and liquidity objectives described above. III. PERFORMANCE MEASUREMENT The investment portfolio will be managed in accordance with the parameters specified within this policy. The portfolio should obtain a market average rate of return during a market/economic environment of stable interest rates while insuring sufficient liquidity within the portfolio. The short-term investment portfolio shall be designed with the annual objective of exceeding the return of the Florida State Board of Administration LGIP. The long-term investment portfolio shall be designed with the annual objective of exceeding the return of the Bank of America Merrill Lynch 1-3 Year Treasury/Agency Index compared to the portfolio's total rate of return. The Bank of America Merrill Lynch 1-3 Year Treasury/Agency Index represents all U.S. Treasury/Agency securities maturing over one (1) year, but less than three (3) years. This maturity range is an appropriate benchmark for the core portfolio based on the objectives of the City. For the Enhanced Cash portfolio we will use the Band of America Merrill Lynch 6 month Treasury Index. IV. ETHICAL STANDARDS The investment officer and staff, acting in accordance with the written procedures and exercising due diligence, shall not be held personally responsible for a specific security's credit risk or market price changes, provided that these deviations are reported immediately and that appropriate action is taken to control adverse developments. A. Ethics and Conflicts of Interest The City's staff involved in the investment process shall refrain from personal business activity that could conflict with the proper execution and management of the investment program, or that could APDP 6.6.4 impair their ability to make impartial decisions. All employees involved in the investment process shall disclose to the City any material financial interests in financial institutions that conduct business with the City, and they shall further disclose any material personal financial/investment positions that could be related to the performance of the City's investment program. Applicable ethics standards provided by the City Charter, City Code, Section 2-11.1 of the Miami-Dade County Code, and Part III of Chapter 112, F.S., shall be complied with. B. Investments should be made with judgment and care, under circumstances then prevailing, which persons of prudence, discretion and intelligence exercise in the management of their own affairs, not for speculation, but for investment, considering the probable safety of their capital as well as the probable income to be derived from the investment. C. Designation of Investment Officer The Finance Director is designated as investment officer of the City and is responsible for investment decisions and the day-to-day administration of the cash management program. No person may engage in an investment transaction except as provided under the terms of this policy and the procedures so established. The City may appoint an outside investment manager as "Agent" for the City's cash reserves. The "Agent" for the City shall have discretion over the purchase and sale of securities within and subject to compliance with this investment policy. Such investment manager must be registered under the Investment Advisor Act of 1940. The Finance Director shall consult with the City Manager as necessary regarding the City's investment activity. Positions authorized as investment signatories are the City Manager and Finance Director. V. LISTING OF AUTHORIZED INVESTMENTS — (SUMMARY TABLE IN APPENDIX A) The following investments will be permitted by this policy as consistent with Section 218.415 (16) F.S. Those investments not listed in this section are prohibited. A. United States Government Securities Negotiable direct obligations or obligations the principal and interest of which are unconditionally guaranteed by the United States Government. Such securities will include, but not be limited to the following: ➢ Treasury Bills ➢ Treasury Notes ➢ Treasury Bonds ➢ Treasury Strips ➢ Treasury Securities—State and Local Government Series ("SLGS") ➢ Treasury Inflation Protection Securities ("TIPS") Portfolio Composition A maximum of 100% of available funds may be invested in the United States Government Securities with the exception of Treasury Strips which are limited to 10% of available funds. Maturity Limitations The maximum length to maturity of any direct investment in the United States Government Securities is seven (7)years from the date of purchase. APDP 6.6.5 B. United States Government Agencies Bonds, debentures or notes which may be subject to call, issued or guaranteed as to principal and interest by the United States Governments agencies, provided such obligations are backed by the full faith and credit of the United States Government. Such securities will include, but not be limited to the following: ➢ United States Export— Import Bank - Direct obligations or fully guaranteed certificates of beneficial ownership C�rmor 1-Inmo 4dminic4ro4inn _ (`orFifin�4oc of honofini�l nninorchin ➢ Federal Financing Bank - Discount notes, notes and bonds ➢ Federal Housing Administration Debentures ➢ FDIC guaranteed notes ("TLGP" bonds) ➢ Government National Mortgage Association ("GNMA") - GNMA guaranteed mortgage-backed bonds - GNMA guaranteed pass-through obligations ➢ General Services Administration f�loni (`nmmi ini4ioc flohon4i iroc 1 1ROW Q4A4oc GA''4orn i Mont niaran400r! rloo hn4i iroc ➢ United States Public Housing Notes and Bonds - United States Government guaranteed public housing notes and bonds ➢ United States Department of Housing and Urban Development - Project notes and local authority bonds Portfolio Composition A maximum of 50% of available funds may be invested in United States Government agencies. Limits on Individual Issuers A maximum of 10% of available funds may be invested in individual United States Government agencies. Maturity Limitations The maximum length to maturity for an investment in any United States Government agency security is five (5) years from the date of purchase._ Mortgage backed securities will have average duration not greater than five (5)years. C. United States Government Sponsored Agencies Bonds, debentures or notes which may be subject to call, issued or guaranteed as to principal and interest by United States Government sponsored agencies which are non-full faith and credit agencies limited to the following: ➢ Federal Farm Credit Bank ("FFCB") ➢ Federal Home Loan Bank or its City Banks ("FHLB") ➢ Federal National Mortgage Association ("FNMA") ➢ Federal Home Loan Mortgage Corporation ("Freddie-Macs") including Federal-Home Loan Mortgage Corporation participation certificates Portfolio Composition A maximum of 80% of available funds may be invested in Federal Instrumentalities. APDP 6.6.6 Limits on Individual Issuers A maximum of 25% of available funds may be invested in any one (1) issuer. Maturity Limitations The maximum length to maturity for an investment in any Federal Instrumentality security under this Section (C) is seven (7) years from the date of purchase. Mortgage backed securities will have average duration not greater than five (5) years. D. Interest Bearing Time Deposit or Savings Account Non-negotiable interest bearing time certificates of deposit or savings accounts in banks organized under the laws of Florida or the United States provided that such deposits are secured by collateral as prescribed by the Florida Security for Public Deposits Act, Chapter 280, Florida Statutes. Portfolio Composition A maximum of 405% of available funds may be invested in non-negotiable interest bearing time certificates of deposit. Limits on Individual Issuers A maximum of 10% of available funds may be deposited with any one (1) issuer. Limits on Maturities The maximum maturity on any certificate shall be no greater than one (1) year from the date of purchase. E. Repurchase Agreements 1. Invest in repurchase agreements composed of only those investments based on the requirements set forth by the City's Master Repurchase Agreement. A third party custodian with whom the City has a current custodial agreement shall hold the collateral for all repurchase agreements with a term longer than one (1) business day. A clearly marked receipt that shows evidence of ownership must be supplied to the Finance Director or designee and retained. All firms are required to sign the Master Repurchase Agreement prior to the execution of a repurchase agreement transaction. 2. Collateralized by full faith or general faith and credit obligations of the United States Government or United States Government Agency securities. Securities authorized for collateral must have maturities under five (5) years and with market value for the principal and accrued interest of 102 percent of the value and for the term of the repurchase agreement. Immaterial short-term deviations from 102 percent requirement are permissible only upon the written approval of the Finance Director or designee and/or the City's Investment Manager. Portfolio Composition A maximum of 20% of available funds may be invested in repurchase agreements excluding one (1)- business day agreements and overnight sweep agreements. Limits on Individual Issuers A maximum of 5% of available funds may be invested with any one (1) institution excluding one (1)- business day agreements and overnight sweep agreements. Limits on Maturities The maximum length to maturity of any repurchase agreement is 90 days from the date of purchase. APDP 6.6.7 F. The Florida Local Government Surplus Funds Trust Fund (State Board of Administration —SBA) Portfolio Composition A maximum of 50% of available funds may be invested in the SBA. G. Intergovernmental Investment Pools Investment Authorization Intergovernmental investment pools that are authorized pursuant to the Florida Interlocal Cooperation Act, as provided in Section 163.01, Florida Statutes and provided that said funds contain no derivatives. Portfolio Composition A maximum of 25% of available funds may be invested in intergovernmental investment pools. Due Diligence Requirements A thorough review of any investment pool/fund is required prior to investing, and on a continual basis. There shall be a questionnaire developed by the Finance Director or designee and/or the City's Investment Manager that will contain a list of questions that covers the major aspects of any investment pool/fund. H. Registered Investment Companies (Money Market Mutual Funds) Registered with the Securities and Exchange Commission with the highest credit quality rating from a nationally recognized rating agency; portfolio is limited to direct obligations of the United States Government or any agency or instrumentality thereof. Portfolio Composition A maximum of 35% of available funds may be invested in money market funds. Limits of Individual Issuers A maximum of 15% of available funds may be invested with any one (1) money market fund. Rating Requirements The money market funds shall be rated "AAAm" or "AAAm-G" or better by Standard & Poor's, or the equivalent by another rating agency. Due Diligence Requirements A thorough review of any money market fund is required prior to investing, and on a continual basis. There shall be a questionnaire developed by the Finance Director or designee and/or the City's Investment Advisor/s that will contain a list of questions that covers the major aspects of any money market fund. I. Commercial Paper Commercial paper of any United States company that is rated "Prime-1" by Moody's and "A-1" by Standard & Poor's (prime commercial paper). If the commercial paper is backed by a letter of credit ("LOC"), the long-term debt of the LOC provider must be rated "A" or better by at least two (2) nationally recognized rating agencies. APDP 6.6.8 Portfolio Composition A maximum of 25% of available funds may be directly invested in prime commercial paper. Limits on Individual Sectors A maximum of 10% of available funds may be invested with any one sector. Limits on Individual Issuers A maximum of 2% of available funds may be invested with any one issuer. Maturity Limitations The maximum length to maturity for prime commercial paper shall be 270 days from the date of purchase. J. Corporate Notes Corporate notes issued by corporations organized and operating within the United States or by depository institutions licensed by the United States that have a long term debt rating, at the time or purchase, "A" or better by at least two (2) nationally recognized rating agencies. Portfolio Composition A maximum of 25% of available funds may be directly invested in corporate notes. Limits on Individual Sectors A maximum of 10% of available funds may be invested with any one sector. Limits on Individual Issuers A maximum of 2% of available funds may be invested with any one issuer. Maturity Limitations The maximum length to maturity for corporate notes shall be five (5) years from the date of purchase. K. Taxable/Tax-Exempt Municipal Bonds Debt obligations of non-profit entities such as states, counties, cities, authorities or other institutions. These may be taxable or tax-exempt and may be General Obligation (GO's) and/or Revenue Bonds and must be rated "A" by Moody's, Standard & Poor's or Fitch for long term debt, or rated at least"MIG- 2 by Moody's, SP-2 by Standard & Poor's or F-2 by Fitch. Portfolio Composition A maximum of 25% of available funds may be directly invested in Taxable and/or Tax Exempt Debt. Limits on Individual Issuers A maximum of 2% of available funds may be invested with any one issuer. Maturity Limitations The maximum length to maturity for Taxable and/or Tax Exempt Debt shall be five (5) years from the date of purchase APDP 6.6.9 L. Asset Backed Securities Invest in Asset Backed Securities (ABS) issued by corporations organized and operating within the United States or by depository institutions licensed by the United States that have a long term debt rating, at the time of purchase, AAA or the equivalent by at least two (2) nationally recognized rating agencies. Portfolio Composition A maximum of 15% of available funds may be directly invested in ABS. Limits on Individual Sectors A maximum of 10% of available funds may be directly invested in ABS of any one industry sub-sector as defined by Bloomberg Industry Groups. Limits on Individual Issuers A maximum of 2% of available funds may be invested with any one issuer. Maturity Limitations The maximum length to maturity for ABS shall be (5) 5 years from the date of purchase. M. Israel Bonds Direct obligations from the State of Israel denominated in US dollars. Obligations may include, but are not limited to: • Institutional-class bonds that are broadly syndicated and registered with the SEC or other US regulatory agency • Retail-class offerings that may require safekeeping arrangements, may not be registered by the SEC or other US regulatory agency and/or may not offer secondary market liquidity Portfolio composition A maximum of$150,000.00 in par value may be invested in direct obligations from the State of Israel, excluding securities guaranteed by the US government through its AID program or any of its agencies. Maturity Limitations The maximum length to maturity for Israel bonds shall be three (3) years from the date of purchase. VI. PROHIBITIONS The purchase of derivative instruments as defined by the Government Account Standards Board ("GASB") or any investment instrument which is structured to derive a rate of return from an investment source other than the originally purchased investment is strictly prohibited. VII. INVESTMENT PARAMETERS A. Maturity and Liquidity Requirements To the extent possible, the City shall attempt to match its investments with anticipated cash flow requirements. Unless matched with a specific cash flow, the City will not directly invest in securities maturing more than seven (7) years from the date of purchase. Mortgage backed securities will have average duration not greater than five (5) years. APDP 6.6.10 irni ioc � Because of inherent difficulties in accurately forecasting cash flow requirements, a portion of the portfolio should be continuously invested in readily available funds such as Local Government Investment Pools, or money market funds to ensure that appropriate liquidity is maintained to meet ongoing obligations. VIII. SAFEKEEPING AND CUSTODY A. Authorized Investment Institutions and Dealers The City shall only purchase investments from the State Board of Administration, Florida Municipal Investment Trust, financial institutions which are qualified as public depositories by the Treasurer of the State of Florida, primary security dealers (or their agents) as designated by the Federal Reserve Bank of New York, or by secondary securities dealers (or their agents) who act as investment banking arms of local qualified banking institutions. All financial institutions and broker/dealers who desire to provide investment services must supply the following as appropriate and as requested: 1. Annual audited financial statements; 2. Public depository certification; 3. Proof of National Association of Securities Dealer ("NASD") Certification; 4. Certification of having read the City's investment policy; 5. Credit rating provided by a nationally recognized monitoring agency. B. Delivery vs. Payment All trades where applicable will be executed by delivery versus payment ("DVP") to ensure that securities are deposited in an eligible financial institution prior to the release of funds. Securities will be held by a third-party custodian as evidenced by safekeeping receipts. C. Master Repurchase Agreement The investment policy shall require all approved institutions and dealers transacting repurchase agreements to execute and perform as stated in the Master Repurchase Agreement. All repurchase agreement transactions shall adhere to the requirements of the Master Repurchase Agreement. D. Bid Requirements Investments will be chosen based on liquidity needs and market conditions. The investments will be competitively bid when feasible and appropriate. Except as required by law, the bid deemed to best meet the investment objectives must be selected. E. Internal Controls The Finance Director is responsible for establishing and maintaining an internal control structure designed to ensure that the assets of the City are protected from loss, theft or misuse. The internal control structure shall be designed to provide reasonable assurance that these objectives are met. The concept of reasonable assurance recognizes that the cost of a control should not exceed the benefits likely to be derived and the valuation of costs and benefits requires estimates and APDP 6.6.11 judgments by management. Accordingly, the Finance Director shall establish a process for an annual independent review as part of the annual financial audit to assure compliance with the policies and procedures. The internal controls shall address the following points: 1. Control of collusion — Collusion is a situation where two (2) or more employees are working in conjunction to defraud their employer. 2. Separation of transaction authority from accounting and record keeping — By separating the person who authorizes or performs the transaction from the people who record or otherwise account for the transaction, a separation of duties is achieved. 3. Custodial safekeeping —All securities, with the exception of certificates of deposit, shall be held with a third-party custodian; and all securities purchased by, and all collateral obtained by the City should be properly designated as an asset of the City. The securities must be held in an account separate and apart from the assets of the financial institution. No withdrawal of such securities, in whole or in part, shall be made from safekeeping except by the Finance Director as authorized herein, or by their respective designee. 4. Certificates of Deposit issued by a local bank or savings and loan association may be held in safekeeping at that institution. The institution shall issue a copy of the certificate of deposit, a safekeeping receipt, or some other confirmation of the purchase that is satisfactory to the Finance Director. This will be kept on file in the Finance Department and will indicate the amount, interest rate, issue date and maturity date of the certificate of deposit. 5. Avoidance of physical delivery securities — Book entry securities are much easier to transfer and account for since actual delivery is never taken. Physical delivery securities must be properly safeguarded against loss or destruction. The potential for fraud and loss increases with physically delivered securities. 6. Clear delegation of authority to subordinate staff members — Subordinate staff members must have a clear understanding of their authority and responsibilities to avoid improper actions. 7. Written confirmation of telephone transactions for investments and wire transactions — Due to the potential for error and improprieties arising from telephone transactions, all telephone transactions should be supported by written communications and approved by appropriate personnel unless an agreement is executed with a financial institution as discussed in paragraph B.8 below. 8. Development of a wire transfer agreement with a bank or third-party custodian — This agreement should outline the various controls and security provisions for making and receiving wire transfers. IX. CONTINUING EDUCATION The Finance Director and Controller shall annually complete eight (8) hours of continuing education in subjects or courses of study related to investment practices and products. X. REPORTING The Finance Director shall provide a quarterly investment report to the City Manager. The report shall list investments by fund and type and include the book value, income earned and market value as of the report date. APDP 6.6.12 XI. SECURITIES; DISPOSITION A. Every security purchased under this section on behalf of the governing body of the City must be properly earmarked and: 1. If registered with the issuer or its agents, must be immediately placed for safekeeping in a location that protects the governing body's interest in the security; 2. If in book entry form, must be held for the credit of the governing body by a depository chartered by the Federal Government, the state, or any other state or territory of the United States which has a branch or principal place of business in this state as defined in s. 658.12, or by a national association organized and existing under the laws of the United States which is authorized to accept and execute trusts and which is doing business in this state, and must be kept by the depository in an account separate and apart from the assets of the financial institution; or 3. If physically issued to the holder but not registered with the issuer or its agents, must be immediately placed for safekeeping in a secured vault. B. The City may also receive bank trust receipts in return for investment of surplus funds in securities. Any trust receipts received must enumerate the various securities held, together with the specific number of each security held. The actual securities on which the trust receipts are issued may be held by any bank depository chartered by the Federal Government, this state, or any other state or territory of the United States which has a branch or principal place of business in this state as defined in s. 658.12, or by a national association organized and existing under the laws of the United States which is authorized to accept and execute trusts and which is doing business in this state. XII. SALE OF SECURITIES When the invested funds are needed in whole or in part for the purposes originally intended or for more optimal investments, the City may sell such investments at the then-prevailing market price and place the proceeds into the proper account or fund of City. XIII. PREEXISTING CONTRACT Any public funds subject to a contract or agreement existing on May 1, 2009, may not be invested contrary to such contract or agreement. XIV. AUDITS Certified public accountants conducting audits of the City pursuant to s. 218.39 shall report, as part of the audit, whether or not the City has complied with section 218.415, F.S., and this Investment Policy. XV. AUTHORIZED DEPOSITS In addition to the investments authorized for the City in subsection (VIII), as authorized by paragraph (23) of Section 218.415, F.S., the City may deposit any portion of surplus public funds in its control or possession in accordance with the following conditions: A. The funds are initially deposited in a qualified public depository, as defined in s. 280.02, selected by the APDP 6.6.13 City. B. The selected depository arranges for the deposit of the funds in certificates of deposit in one (1) or more federally insured banks or savings and loan associations, wherever located, for the account of the City. C. The full amount of principal and accrued interest of each such certificate of deposit is insured by the Federal Deposit Insurance Corporation. D. The selected depository acts as custodian for the City with respect to such certificates of deposit issued for its account. E. At the same time the City's funds are deposited and the certificates of deposit are issued, the selected depository receives an amount of deposits from customers of other federally insured financial institutions, wherever located, equal to or greater than the amount of the funds initially invested by the City through the selected depository. XVI. PROHIBITED INVESTMENTS The City is prohibited from investing in any company that engages in business with the countries of Iran and Sudan. The City Manager may promulgate specific requirements for the implementation of this provision based upon criteria applied by the Local Government Surplus Funds Trust Fund for such purpose. XVII. INVESTMENT POLICY REVIEW The Finance Director shall review this Investment Policy on an annual basis. Any recommended changes to this policy must be approved by the City Manager and subsequently by the City Commission. However, upon the initial approval of this Investment Policy by resolution of the City Commission, this Investment Policy shall be amended by the City Manager without the necessity of further action by the City Commission, to the extent that said amendments are necessary for conformance with any amendments made to Section 218.415, F.S. Originally Adopted —June 2, 2009 (Resolution No. 2009-30) Revised—September 22, 2009 (Ordinance No. 2009-17) Revised— November 1, 2011 (Resolution No. 2011-61) Revised—July 8, 2014 (Resolution No. 2014-33) Revised—October 10, 2016 (Resolution No. 2016-59) Revised — May 1, 2018 (Resolution No. 2018-xx) *Investments managed internally by City staff, not managed by Investment Advisor M o o L L L L >> >1L L L L L y L co co co co co co Q E L 0 ° 4 X OO o y o I-- Lo I, 0) N Ln Ln Ln Ln M Y c m o w f+ U J O O O O -0,0 -0,0 I O N O I I I I I r N N I I N I - Q C) N U C N a 75 � � � c L O a Q y O O _6\ \ \ E O O E p O J T E o 0 o co co (D U o T a) $ m o o m r O O a) o O O LL iA Y O O N as ° ° o 2 o E O a y > o 0 O a5 Y C=) o 0 0 0 o I o 0 0 0 0 0 o 0Ln a m vi - O CL O O O O O Ln O Ln Ln Ln Ul LI7 00 Ln o N L Q Ln 00 N Ln N M N N N L`oL s .2 U 7 O U 60- m O N 6 LC rp O T� 4 N N ° Q Q > CU N o E a m C O U O N U) m ° s° N +' co E Q cn co fA > s x r cu a O >O .O y y0 1 �_ U s o '� ECL vo Q Q Q Q ? Q z Q (, -0 z c D vi o QQQ N m w n - o N O o o O t O > J a Q cn U) i w _ ° ° ° cu a) o o E o ° E X m m ° r> c :3U � O �t CO E o o m N O O `. � Y > a o a y s v O m co o E r X s N co in s o LLCo O Lu E c� > E OJ_ ° CU (n N L CD m >5 7 a) O c0 cn C c0 s o = c a O (n 0 U) U) 0 /� � J U O O U (6 C 0 CL a 0- .0 V '� Co t' N S O O 4 U U a) O 0 -a a) of y `o v c) N E m m a m U) Q (n U) (n a) U) N ' E co m 'N > N o E n E Q as Cc Cc Cc a� in �CC � o `o L L L E C JC L Y C ° U1 7 co 0 a) L 4 m ~ O CL co a) ca N E m F- r a .Y a ° H cn cn cn Q U OLL cu E N d o � x ° o U T a as o as o m m Y z E U c a o 0 N +U +U +U m c0 J N L +) c0 cu O c Q m L E a`) E s (n (n (n > c0 a) E ° — m ° ° N N N N 7 �_ N E O m m aN s v .X E 'x E N +J +J +J a) Q L a) E cl x co c E o a) ° O LO m U ad 0 > C C C +J a) O +J O O O co cn L — 'm co o U o w > LL U U H Q � c) v LL Lo CITY OF AVENTURA OFFICE OF THE CITY CLERK MEMORANDUM TO: City Commission FROM: Ellisa L. Horvath, MMC, City Clerk DATE: April 12, 2018 SUBJECT: AVENTURA CITY TALKS PROGRAM (COMMISSIONER MEZRAHI) YOUTH ADVISORY BOARD RECOMMENDATIONS February 12, 2018 Per the direction of the City Commission, Commissioner Mezrahi explained her concept for a City Talks Program to the Youth Advisory Board at their meeting on February 12, 2018. The Youth Advisory Board recommended unanimously that the City Commission move forward with establishing a City Talks Program, with suggested topics to be determined. The Board decided to rank the discussed topics at their next meeting, in order to provide recommendations to the Commission. March 20, 2018 After discussion with Commissioner Mezrahi, the five topics discussed at the prior meeting were ranked by the Board members at their meeting on March 20, 2018, with the following outcome in order of preference: 1.) Cyber Safety/School Safety (7 points) 2.) Personal Finance for Students (15 points) 3.) School Hazing (25 points) 4.) Me Too Movement (27 points) 5.) Sea Level Rise (29 points) The Youth Advisory Board recommended unanimously that the first topic be Cyber Safety/School Safety for the City Talks Program, if established by the Commission. The Board suggested that the first program be scheduled at the library in Aventura, on a Tuesday or Wednesday night at 7:00 p.m., in May. CITY OF AVENTURA OFFICE OF THE CITY MANAGER MEMORANDUM TO: City Commission FROM: Susan Grant, City Manager DATE: April 19, 2018 SUBJECT: Appointment to the Arts & Cultural Center Advisory Board BACKGROUND As you are aware, the previous appointments to the Arts & Cultural Center Advisory Board (ACCAB) are expiring. The Ordinance creating the ACCAB provides for the following process to be utilized: • The Board will consist of a minimum of seven (7) and a maximum of nine (9) members who shall be appointed by the Mayor, subject to the approval of the City Commission. • Individuals wishing to be a member of the Board shall make application to the City Manager. The City Manager shall interview all applicants and make recommendations to the Mayor. The Mayor shall appoint to the Board members from the list of applicants recommended by the City Manager, subject to the approval of the City Commission. • The membership of this Board should be representative of the broad spectrum of the arts and have specific experience and a strong commitment to performing arts. • All efforts should be made for the membership of the Board to be representative of all age groups. Memo to City Commission Page 2 PROCESS The following individuals requested to be re-appointed: Amit Bloom Gloria Muroff Judy Scott Lotwin Lenore Simmons Rita Regev Renee Rotta* *Has expressed interest in re-appointment, but has not submitted an application The following individuals applied for the Board and were interviewed: Ellen Elias Edna Schenkel Edith Shiro Lisa Robbins Joan Robbins After a careful review of the applicants and with the previously stated goals in mind, as well as emphasis to attract members from all age groups, the City Manager is recommending to the Mayor that the following individuals be appointed to the Board: Amit Bloom Gloria Muroff Judy Scott Lotwin Lenore Simmons Rita Regev Renee Rotta Ellen Elias Edna Schenkel Lisa Robbins If you have any questions, please feel free to contact me. CCO1744-11 r o. "I _; Ci i ci n\ i N i uii: .\ _/. Application for I l o"\ Arts & Cultural Center Advisory Board :y nS Applicants must have specific experience and a strong commitment to performing arts including music, dance, the dramatic arts,the visual arts and the cultural arts. Name of Applicant Amit Bloom Address 20454 NE 34th Court,Aventura, FL 33180 Phone Email 786-395-6263 amit@slernbloom.com Business Name Occupation Stern Bloom Media/AVENTURA Magazine Publisher/Graphic Designer Business Address 425 NW 10th Terr, Hallandale Beach, FL 33009 Business Phone Fax 305-932-2400 ext 205 954-454-8016 Qualifications: Briefly describe the specific expertise and/or abilities you can contribute as a member of this Board. I'm cnme..ma+-01 a marketing ovpgrt in the area duo to my 20 years ae owner of &VENTURA r,nogvine Prior to launching the publication, I worked for a professional, commercial theater company called PACE Theatrical Grouo(currently known as Broadway Across America)from 1991-1995. Before that I worked for Alan Wasser Associates,the general management company for producer Cameron Macintosh (Les Miserables and The Phantom of the Opera). I've also earned a BFA in Theater Management from the University of Miami. Please attach a resume along with your application. I understand that in accordance with the State of Florida Government in the Sunshine Law, this information may be made public. I understand that all board appointments are for voluntary, uncompensated services and I will be subject to the requirements of the State of Florida Financial Disclosure Requirements. � �- 1/9/2018 Signature of Applicant Date Fax, Mail or Email completed application &resume to: Office of the City Manager Government Center 19200 West Country Club Drive, Aventura, FL 33180 305-466-8910 Fax:305-466-8919 sgrant@ciiyofaventura.com The Ordinance Establishing the Arts&Cultural Center Advisory Board is available for review on the City of Aventura website at cityofaventura.com. 98 Present elf within • • • • &PARTNER 19 which has established stablishe outs,and high•PROFESSIONAL entura,FI "FOUNDERmagazine,AV ENta+Rng editorial,oauct++photography ll of graPhY studio. PRRN BLOOM MEDIA„nr of premier lifestyle P ovoking and entertaining Publishing and P Founder and part for thought-provoking hong integrated p11ents. F° as the source SEM is also an for our c the region brand image advertisers. best 1997 -2003 visibility fan creating & AT DIRECTOR and catalog focused OWNER magazine irit,and ' tura,FL specializing+n groward.ArtSp DESIGN,of a g design company Business in AMIo t and dIC a graphic d of Aventura. Art Director The City Owner and Clients included DIRECTOR 1996 layout and design. es.and more. magazines, Miami Beach,FL" ASSIST. ART Dancer �/�/eston First mag is included SIGN, any.Clients NgLOOM DESKTOP&foga PfuHIS DESIGN, graphic Pan notes Ca{e and more I rt Director Beach • 91' S 4/ : Magazine, t Art Cola.Inc..South PUBLIC RELATIONS 1991-1995 9 CE Entertainment pU Aand GROUP,INC.,Miami,F► BLIC subsidiary g 991-19producers ions for PACE Representative for PTG Florme�t)_one of the included PR and promotions markets. PA inclu ch and'Tampa Re Cly L Certain o)—one o palm Bea Public Relations Live Nation En US.Res Ft Lauderdale. currently in the Corporation( entertainment the M+arn' TANT 1990 AM1Ttern of uveal touring shows in SIS producer presenters nation PRODUCTION pS Broadway pR0 of Cameron OF'THE opERA.and TES, ew Yo ,B1t'4O nt in g nt office PHANTOM I O WA55ER AS I manage1e T"E P"A • ALAN tin genera MISERABLES. 20454 NE 34 Court • Assistant LES Production dway productions DIRECTOR 1989-90 Aventura,FL 33180 of the BYO G D1R 'Theatre) 6263 SAIGON' MANAGING "erman Thea 786 395 ; MISS - ASSISTANT M the Jerry Management AS ntly "Dose a sternbloom•cOrn : THEATRE,Coral Gables'FLTheatre(currently amit +ble for supervising RING Managing Director torM`ami,responsible G Marra of University of on the campus NT 1989 activities. PRODUCTION ASSISTANT calculation and Box Office unions. wA ITY Miami Beach,FL calls to agents and COMMUNITY RSC"FEED T"EATREs responsible for follow-up and actors. INVOLVEMENT "' School production Assistadnass assist guest Hochberg preparatory dues.,an 2012-Present) • of union C"ELOR OF FINE ARTS Board( BA Arts&Cultural Center EDUCATION Coral Gables,FL n,Inistration.1991 Aventura 2010-present) ED MIAMI Co Ad Advisory Board( UNIVERSITY OF na em d Business Townhomes ent an Delvista in Theatre Management"omeowner AssociatioBoard "onor Society (2007 20p8 2016-present) l Leadership Marketing Council. HONORSa Nationa Aventura I"I 01_Present) Omicron Delta Kapp Honor Soc1ety Level(20 a phi National or Society Governors Communityu Chapter of Aventura Com Phi Kann National 1-Ionor M City Advisory Board Golden Key Fraternity,Alpha Services a pelta'Tauuespian Society (2005 2010) Sigma International Th Intern.. .... ... ... .. .... ..... .. .... .. .... ... t � 4 alt (`. I I1 c'I AV [ 1N I LIRA Application for ° r to ° Arts & Cultural Center Advisory Board `lr . er Applicants must have specific experience and a strong commitment to performing arts including music, dance, the dramatic arts, the visual arts and the cultural arts. Name of Applicant &O.el. fia/eo (7 Address&DW 8/1 1- / 4/07/"e^ 7 ,53/‘,0 Phone Email /24 ire7%.,d.4D gdo�L pyo , co Business Name Occupation Business Address Sc5-9307-gs3D - 3:6'49/12-as% Buainees Phone Fax C&G1- No q Qualifications: Briefly describe the specific expertise and/or abilities you can contribute as a member of this Board.. dIA 5e//ft/a K71 /;C• Ott ��9ed� '/ 7�A de - AAJ.sc3,',&ge d .51/1?-el 4c "A/Grin/IL /10v0 G�.e SFr/ E9rc# S ye of fife r.' at on .o .r/airide of 67011s/ohr "%vSe-i,Yeq/ P.foce.>'I; 'or& /54y omro44eveo19k 142/0oa,�,gace eV Xeent 444 /+1.ve..te/1)s ',Peg*.Jodie c.�y Please attth a resume along with your application. I understand that in accordance with the State of Florida Government in the Sunshine Law, this information maybe made public. I understand that all board appointments are for voluntary, uncompensated services and I will be subject to the requirements of the State of Florida Financial Disclosure Requirements. ✓r«t, � 'wry /7 ao/8 Signature of Applicant Date / 2 Fax, Mail or Email completed application &resume to: Office of the City Manager Government Center 19200 West Country Club Drive,Aventura, FL 33180 305-466-8910 Fax: 305-466-8919 sgrant@cityofaventu ra.corn The Ordinance Establishing the Arts&Cultural Center Advisory Board is available for review on the City of Aventura website at cityofaventura.com. Gloria Muroff Resume and Personal Statement Please consider this as an informal resume, as I share a little bit of my life story and accomplishments to give you a better idea as to my talents. For many years, I was an active member in the home furnishings industry. During my career days, I provided interior design services to clients, owned and operated a trade-only furniture showroom, and served on many trade-related organizations. Most of my involvement in these organizations was on a national level and I assumed varied leadership roles in these groups. During these same years, I was also very involved in many community endeavors. Through my philanthropic involvement, I was able to raise considerable funds for many worthwhile organizations such as ANTRA (a group which raised money for AIDS research and care), Miami City Ballet and Federation, to name just a few. I have always had a strong interest in the arts, and formed Citizens Interested in Arts as a non-profit organization which raises funds for many dance, performance, music and cultural organizations in South Florida,which was a logical progression from my board memberships in many local and national organizations. Since my retirement, I have continued my work for charitable causes and I have served on the Williams Island Cultural and Entertainment Committee. Throughout the years, I have created, organized and produced a wide range of social events. Having been on the Aventura Arts &Cultural Center Advisory Board for the past 8 or 9 years, I hope that I have proven to be a valuable member. I cherish the time that I can now devote to my favorite endeavors. It has been my pleasure to see the growth of the Aventura Arts and Culture Center from an idea to an institution that we can all be proud to call our own. I wish to continue my role on this Board, as I always believe that a job is never quite done as we are always adapting and looking for new and exciting ideas. ov mf, CITY or AVENTuIR ;1 , � , • Application for rf0F .c Arts & Cultural Center Advisory Board • Applicants must have specific experience and a strong commitment to performing arts including music, dance, the dramatic arts, the visual arts and the cultural arts_ Nameof Applicant Rita Regev Address 20416 NE 34th Crt. ,Aventura , FL 33180 Phone Email 305-343-1214 RitaRegev@gmail.com Business Name Occupation Real Estate Business Address Business Phone Fax Qualifications: Briefly describe the specific expertise and/or abilities you can contribute as a member of this Board. Marketing,Communications, Public Relations, Promotion Special Events Event volunteering Please attach a resume along with your application. I understand that in accordance with the State of Florida Government in the Sunshine Law, this information de public. I understand that all board appointments are for voluntary, uncompensated services and I w' be sub)e�t o the requirements of the State of Florid Financial Disclosure Requirements. JA �\ _ �e, \\� lure of Appllcar Date Fax,Mail or Email completed application&resume to: Office of the City Manager Government Center 19200 West Country Club Drive,Aventura, FL 33180 305-466-8910 Fax: 305-466-8919 sgrant@cityoIaventura.com The Ordinance Establishing the Arts 8 Cultural Center Advisory Board is available for review on the City of Aventura website at cityofaventura.com. c II1 ' Application for ��"� Arts & Cultural Center Advisory Board Applicants must have specific experience and a strong commitment to performing arts including music, dance, the dramatic arts, the visual arts and the cultural arts. Name of Ap leant �p Add 2-aa/' �� y/ 33)/ 0 sect ,lam ✓ � E ��� �c�f/'c Com, Phone E it 9/7— y97 x/37 Business Name Occupation -�- Business Address Business Phone Fax Qualifications: Briefly describe the specific expertise and/or abilities you can contribute as a member of this Board. Please attach a mune along with your application. I understand that in accordance with the State of Florida Government in the Sunshine Law, Mis information may be made public. I understand that all board appointments are for voluntary, uncompensated services and I will be subject to the requirements of the State of Florida Financial Disclosure Requirements. &C /r^ / 8 aaaturoat Applicant Date Fax, Mail or Email completed application 8 resume to: Office of the City Manager Government Center 19200 West Country Club Drive,Aventura, FL 33180 305-998-8910 Fax: 305486-8919 59rantecityofavermtura.corn The Ordinance Establishing the Arts 8 Cuitural Center Advisory Board is available for review on the City of Aventura website at cityofaventura.com. JUDY SCOTT Raised in Denver, Colorado, singer Judy Scott first appeared on television at fifteen and two years later starred in summer stock in SOUTH PACIFIC. An engagement soon followed at New York's famous Copacabana where Jerry Lewis caught her performance and immediately signed her to appear with him at the Sands Hotel in Las Vegas and the Fountainbleau in Miami Beach. Audience response was so great that he then featured her on the next Jerry Lewis television special. Later she toured nightclubs throughout the United States and the world with Bill Cosby, Jackie Mason and David Brenner. Most recently in Atlantic City, Judy appeared with Don Rickles at Bally's Grand, Buddy Hackett at Resorts International and in the revue A NIGHT IN THE CATSKILLS at Trump Plaza, performances which earned her both standing ovations and return engagements. Her career also includes television shows with Johnny Carson and Mery Griffin, records for RCA Victor and Decca, and appearances on major cruise lines. In addition to her solo act, Judy produced and performed with a fourteen-piece swing band called Sentimental Journey which is popular at corporate conventions and special events for seniors. Her next project is an original one-woman show to be presented in theatres and cabarets around the country. enaw&today Simmons/ 20281 E Country Club Dr#1112 Aventura, Fl 33180 305-733-0061 January 10,2018 RE: Aventura Cultural Advisory Board Susan Grant,City Manager City of Aventura 19200 W Country Club Dr Aventura, Fl 33180 Dear Susan: Welcome to the City of Excellence! I am very excited about continuing on the Advisory Board for the Arts&Cultural Center. I have been working towards the Arts in this city since before the theater was built and have been very interested in the continuation of its cultural mission. I look forward to working with you. Wafu. st regards,/ SPA / ,,,,�q /,I ( f ' �i I L'I�/nC i • enore Toby Sid ons n�..Jv. J JAN 1 6 2017 r'__, r• r'—..re \1 r s'F. , (it Y or Avi N I LIRA ,' �' Application for 3 rl u\` g Arts & Cultural Center Advisory Board Ger 0/ s"`t" Applicants must have specific experience and a strong commitment to performing arts including music, dance, the dramatic arts, the visual arts and the cultural arts. Name of Applicant Leecne- bs Svrc‘w -C..3 Address ao -g 1 C e00a el_ c& Or v, 1 fl w,.Xtra-. (t 33Leo Phone R Email Business Name Occupation Business Address Business Phone Fax Qualifications: Briefly describe the specific expertise and/or abilities you can contribute as a member of this ;Board. -, .m er6E9 CUl.oni cn..e.4 - C^Al 2 Ofn et,.k- ASSac kr iou oF cl uiz-` 6 - TA rc cns<c or ` \pi e(Int- 3 r La.-(Nv..,S) -" exec..- So ecri\ma+s/y e Aas4\---Ilei..- ,ixab PJ ci-dn- spc.\c,e cLC?a�.^0 "J P'06 cam.;.-1� A.) f). oLirn 4- eneo'4c�a(p\r.v.v.acl PF\QOn \\ ory -a a c-k-a w.1e -Crr C ene.eri AsScr if FaT na Please attach a resume along with your application. I understand that in accordance with the State of Florida Government in the Sunshine Law, this information may be made public. I understand that all board appointments are for voluntary, uncompensated services and I will be subject to the requirements of the State of Florida Financial Disclosure Requirements. WI"' /.i ° //5�,t1,''p',',e-� /(9� ao/f SC.i nature of Ap.Want Date Fax, Mail or Email completed application &resume to: Office of the City Manager Government Center 19200 West Country Club Drive, Aventura, FL 33180 305-466-8910 Fax: 305-466-8919 sgrantc cityofaventura.com The Ordinance Establishing the Arts&Cultural Center Advisory Board is available for review on the City of Aventura website at cityofaventura.com. Co(cer 'SKi .'-Fec-)7`ua B2..Ro `Sic- et 1 .�s-n-rvTE 5 a C�rre+.\ 7""" yr- to C.*•tr."r I NT�z�-co ,N Az1S - '�as'r P ry srSy...�• 0 F \,asP� j'.� a S�c,Pc at�.,V ,=c, me+ C prcCf ar-5c.,.-,z..7'rv,^� Lenore Toby Simmons 20281 E Country Club Dr 1112, Aventura,FI 33180 305-733-0061 LenoreT18@aol.com Below I have listed a little introduction of some of my current and past involvements in the South Florida community. Arts & Cultural Center Advisory Board appointed Committee Member. Met with marketing management for Broward Center, discussed special events, Founders Day, reviewed programming for Theater and met with public relations. Aventura Cultural Committee, Member organized focus groups with other local performing organizations in South Florida to analyze the possibilities of creating a small theater in Aventura. Citizen Interested in Arts (CIA) , President Emeritus, Board Member, Chairperson of Hospitality and Special Events, 501c-3 organization. Purpose of these events is to raise funds that are given as grants to worthy South Florida cultural organizations. Over the past 18 years, I have created events that allowed us to give away over one million in grants. Diabetes Research Institute for the University of Miami Executive Board Member creating an annual event,the Love and Hope Ball which raises money to find a cure for Diabetes.This Ball raises money but it has become the social event of the year in South Florida. Leading Ladies Member This organization raises money for implants. FootliRhters Member organization that raises money for indigent theater artists. Cultural and Entertainment Committee at Williams Island Committee Chairperson. Brought and organized entertainment for the residents of Williams Island. CAREER Concert Association of South Florida Director of Development and Special Events under the direction of Judy Drucker. Presented over 30 concerts a year of world renown artists such as Itzhak Perlman, Isaac Stern, Yo Yo Ma, Baryshinkov, Pavoratti, ballets and orchestras at the following venues; Adrienne Arsht Center,the Broward Center for the Performing Arts, the Jackie Gleason Theater of the Performing Arts (now called the Fillmore Theater Miami Beach), Miami Dade Auditorium. Highlight of career. Pavoratti on the Beach.A concert with over 250,000 attendees on Miami Beach as well as a private dinner with Pavoratti in attendance under a tent on South Beach. Arranged the entire event from security, City of Miami Beach, housing,to rentals&stage, etc. Colony Theater Managing Director Received a grant for the State of Florida to revitalize the theater and Booked events. 250 Nights per year.400 seat theater. Advisory Committee to Revitalize Lincoln Road Member Coconut Grove Playhouse Consultant. Opened the Encore Room (Second Stage), then accepted full-time position as Director of Special Gifts and Special Events. Hotel Career in Florida Hotel Management from 1970's, General Manager Eden Roc, Fontainebleau, the Diplomat, Hotel Director of International Sales;opened the Alexander all-suite hotel. l I I l �I \ \ I \ I l IL \ L� Application for �F Arts and Cultural Center Advisory Board erkt 5,- Applicants must have specific experience and a strung commitment to performing ads including music, dance, the dramatic ads, the visual arts and the cultural arts. Name of Applicant Ellen Elias Address 21224 Harbor Way Unit 232 Aventura. FL 33180 Phone Email 305-705-0824 ellenvictonaelias®gmail.com Business Name Occupation semi-retired Business Address Business Phone Fax Qualifications:Briefly describe the specific expertise and/or abilities you can contribute as a member of this Board. and have always had a keen terestei supporting thet .. past -years.._ have . ..volunteer interest in arts.For the 6 I served as a volunteer usher at the Aventura Cultural Center,and since 2015 at the Braward Center for Performina Ms I have always supported the arts because culture brings joy to our lives.My expertise lies in my understanding of how theaters operate,what entices the public to attend performances and cultural events. Most importantly.I have a strong commitment to the mission of an Arts counceto generate public support for the Ms. Please attach a resume along with your application. I understand that in accordance with the State of Florida Government in the Sunshine Law. this information may be made public. I understand that all board appointments are for voluntary. uncompensated services and I will be subject to the requirements of the State of Florida Financial Disclosure Requirements. .2i1-74;7 „ C/CA02/10/2018 Signature of Applicant Data Email.mail or fax completed application&resume to: City of Aventura Office of the City Manager 19200 West Country Club Drive,Aventura, FL 33180 305-466-8910 Fax:3054664919 sgrant@cihofaventura.com The Ordinance Establishing the Arts&Cultural Center Advisory Board is available for review on the City of Aventura website at clyofaventura.cam. Ellen V. Elias 21224 Harbor Way #232 Aventura, FL 33180 (305) 705-0824 home (305) 528-7356 cellular email: ellenvictoriaelias(ai),¢mai1corn WORK HISTORY: June 2015 present: The Container Store, Hallandale Beach, FL. • Retail sales, demonstrations and closet designing August 1999-June 2015:Dr. Michael M. Krop Senior High, Miami, FL • Final teaching assignment: advanced placement human geography, advanced placement macroeconomics, advanced placement US government&politics • Social Studies Honor Society sponsor, Students Against Destructive Decisions sponsor, Class of 2012 sponsor, SHAPE-Students Changing the World sponsor August 1997-June 1999:North Miami Middle Community School, North Miami, FL • Team Leader, Technology Support Assistant, Gifted-Social Studies,Alternative Education-Social Studies, Computer-Assisted Instruction February 1993-June 1997: Eisendrath International Exchange Program, Jerusalem, Israel • Teacher of: Economics, American Government, World History, American History-Advanced Placement and Regular September 1992-August 1994: Anglican International School-Jerusalem, Israel. • Computer Studies Coordinator and Instructor, Senior Staff member, Teacher of Journalism, Economics, English. • Designed and implemented the Computer Studies program for the entire school encompassing grades K- 12 • Developed in-service activities for other staff members so that they could incorporate computers into the entire school curriculum as well as use a computer for classroom management • Produced the monthly school newspaper and the annual yearbook • Staff Development Committee-planned annual staff development programs August 1987-June 1992: Dade Academy for the Teaching Arts (DATA) • Adjunct Teacher-Social Studies, which required that I travel to a different school each quarter, and be a "super teacher,"replacing another who had the opportunity to attend a professional growth program. I was required to teach any social science subject for students anywhere between grade 6 and grade 12. June I986-June 1987: Horace Mann Middle School-Computer Magnet Program • Member of the opening team-designed the classrooms and program for the magnet program. Taught social studies and journalism while incorporating computers into all areas of the curriculum. August 198I-June 1986: Carol City Middle School • Began as a social studies teacher, was designated enrichment department chair after receiving my Master's in computer education. Computer studies and social studies, directing teacher, Student Council sponsor, Computer Club sponsor, voted Teacher of the Year. EDUCATION • Educational Leadership Certificate Program Florida International University Education Specialist • Master of Science-Computer Education Barry University Miami Shores, Florida • Bachelor of Arts-Social Studies Education University of Florida Gainesville, Florida • Associate of Arts Emory University Atlanta, Georgia PROFESSIONAL ACTIVITIES/AWARDS/COMMUNITY SERVICE • Volunteer Usher Broward Center for Performing Arts (2015-present) • Volunteer Usher Aventura Cultural Center(2012-present) • Reader: AP Human Geography (2013-present) • MDCPS Workshop presenter in advanced placement: macroeconomics, human geography and US government and politics • Presenter: Annual AP Conference, Washington, D.C. • Advanced Placement Mentor Teacher for MDCPS • Mentor Teacher,National Board Certification • Board of Directors, Beth Torah Synagogue • MINT Mentor teacher to new teachers • Who's Who in American Women • State Master Teacher Award-Florida CERTIFICATION • College Board Authorized Instructor Advanced Placement: US History,US Government and Politics,Comparative Politics, Macroeconomics, Human Geography • State of Florida Certification DOE#476467 Social Sciences 6-12 Computer Science K-12 Educational Leadership Gifted Endorsement K-12 Clinical Supervision Endorsement • National Board Certified Teacher: Adolescent/Young Adult Social Studies • \\ 41 ,7.y %=. C I II 01 /\VI fink , �� Application for ,, " Arts and Cultural Center Advisory Board Applicants must have specific experience and a strong commitment to performing arts including music, dance, the dramatic arts, the visual arts and the cultural Ms. Name of Applicant Joan Robbins Address 1000 Island Blvd.,#405,Aventura, Fl 33160 Phone Email 305.332.3365 joangrobbins@att.net Business Name Occupation Joan Robbins Media Escort Author/Media Escort Business Address (see above) Business Phone Fax Qualifications: Briefly describe the specific expertise and/or abilities you can contribute as a member of this Board. I have been active in the South Florida arts and entertainment community for the past 30 years. My position as all audior ascan nes anbrded me me opportunity to plan aumors wok tours ano esWr mem m lfleir appearances and signings at books stores, radio and television stations. I have been a member of Funding ne Noiwork(FM'), a non profit orgaq'zatb i4 1satea-[aeepP&1"g aed.Wrae^ieg t"e ^u a^d performing arts programs catered In Miami-Dade County. I also was a board member of WLRN and a tour nide at Yscays. I believe mese experiences would help me contribute to your organization and it would be my pleasure to serve on your advisory board. Please attach a resume along with your application. I understand that in accordance with the State of Florida Government in the Sunshine Law, this information may be made public. I understand that all board appointments are for voluntary, uncompensated services and I will be subject to the requirements of the State of Florida Financial Disclosure Requirements. 167(1-4-7;1. 4—) J C E)1/ Slgnatu of Applicant pate Email, mail or fax completed application& resume to: City of Aventura Office of the City Manager 19200 West Country Club Drive, Aventura, FL 33180 305-488.8910 Fax: 305-488-8919 egrant@cityofaventura.com The Ordinance Establishing the Arts 8 Cultural Center Advisory Board is available for review an the City of Aventura website at ciyofaventura.com. TO 39t1d SN011Vlf1WIS Adflf ZEE6Z£650£ LL EZ OTOZ/OZ/ZL • Joan G . Robbins 1000 Island Boulevard, #405, Aventura, Florida, 33180 Phone: 786-320-5430 Cell: 305-332-3365 Email: Work' 1957/59: Commercial Editor- KYW Radio and Television, Cleveland, Ohio Experience 1975/77: Sales- Holiday Art Gallery, Hallandale, FL 1977/80: Sales-The Twenty-Four Collection Gallery, Miami, FL 1989/92: Author Escort-Miami Scene, Miami, FL 1992 to Present: Joan Robbins Media Escort Service, Miami, FL ' Coordinator of Authors' Book Tours ' Assist Authors at The Miami Book Fair Speaking 2003: South Florida Writer's Association Engagements 2004: Broward County Hadassah Women's Business Association and Workshops' Education- High School: Shaker Heights High School, Shaker Heights, Ohio College: University Of Miami, Coral Gables, Florida community 1974/75: President, PTA of Highland Oaks Elementary, Miami, FL Service: 1975/76: President, Inaugural Year, North East Area Gifted Program, Miami, FL 1977/78: Pink Lady Volunteer, Mount Sinai Medical Center, Miami, FL 1977/78: Office Volunteer, WPBT-Channel 2 1978/84: Docent, Vizcaya Museum, Miami, FL 1984/88: Volunteer, Society for Abused Children, Miami, FL 1991/95: Board Member, South Florida Health Council, Miami, FL 1996/99: Volunteer, Big Brothers/Big Sisters of Miami 2000/02: Friends of the Library/Foster Children Reading Program 2003/05: Board Member, Brickell Avenue Literary Society,Miami, FL 2004/05: Board Member, Citizens Advisory Board of WLRN-Public Radio and TV, Miami, FL 2013 to Present: Board Member, City of Aventuro Advisory Committee Memberships 1989 to Present: Member, Taster's Guild, Miami, FL and 1991 to Present Member, Williams Island Yacht and Tennis Club, Miami, FL organizations 1991/2000: American Booksellers Association 2000/06: Book Expo America 2014/16: Member, Ladies of the Table, Short Story Book Club Z0 39tld SNOI1tlif1WI5 Abfl[' ZEEEZEBg0E TT:EZ 0TeZ10Z/ZT S' 'II li i1 l l I hl A \ I V' I LIR \ Application for Arts and Cultural Center Advisory Board Applicants must hate specific experience and a strong constituted to performing arts including music,dance, the dramatic ads,the visual arts and the cOdfural arts. Nn of Applicant 1 ca 1-20bh;nS Address 3.oCltz: e Cci,.ii7'ni C rl .ro .A 1745 latkro. Phone ffinall zos- cF6cc-11 I ; c.0. r®bhtAS Inc. rcvne4cf . Af2 Dinkins Name Occupation L, Q.obbinc J n+evlors -Lnri-edldv' cora Burmese Address Business Phone Fax Qualifications:Briefly describe the specific expertise and/or abilities you can contribute as a member of this Board. hr. , v- OS(on* \n-E11v,. o r\--1-ht c„l-h J✓,,Q a vis au -Q x\ CA An—JO- ASK-) tP(tinyAXo✓ jo'4 in .- Indf,1.Stin vrto.. Q GC✓� 4 ss • s . ._ .C;I t1 ♦. •• .a si A CcP.9A��, es n C\e Alt \rseb..1 p Priv. osu c4�o.,1r), rrco,6, c: v er c ds C pp^-v421 c P Pleaseattach a resume withyour ication.(o r-!;aw.�� ?N o 4,t,t,7Lv_ , c.+n,P Awnce-'-proit STC_ I understand that in accordance with the Stale d Florida co re &n ie"tu ibii&' tion may be made public. I understand that err board appointments are for voluntary,uncompensated services and I will be subject to the requirements ofthe State of Florida Financial Disclosure Requirements, l nein Ct,_ 'Q®bhlr,tiT � IG /iY Signature of Applicant Date Email,mail or fax completed application 8 resume to: City of Avenbae Office of the City Manager 19200 West County Club Drive,Aventure, Ft.33180 305-466-8910 Far 305-466-8919 sgrant©ccityofavenNr.com The Ordinance Establishing the Arts 8 Cultural Center Advisory Board is available for review on the City of AvenWre website at cityofaventur.com. February 12,2018 21205 Yacht Club Drive,Apt.803 Aventura, FL 33180 Ms.Susan Grant Office of the City Manager 19200 West Country Club Drive Aventura, FL 33180 Dear Ms.Grant, At the suggestion,of Dr. Linda Marks, I have enclosed my application for a position on the Arts and Cultural Center Advisory Board along with a short resume. I have been involved in the cultural life of Aventura,South Florida and the Berkshires in western Massachusetts. I would welcome the opportunity to share my interest and experience in the performing arts and cultural programming with the Board. Thank you for your consideration. Sincerely, Edna Schenkel ednaschenkel@gmail.com 305 933-9903 or 305 632-7486 o\ I. x_ 11 Y OI AVI .N 1 LIRA Application for - , Lu"` Arts and Cultural Center Advisory Board Applicants must have specific experience and a strong commitment to performing arts including music, dance, the dramatic arts, the visual arts and the cultural arts. Name of Applicant Edna Schenkel Address 21205 Yacht Club Drive,Apt. 803,Aventura Phone Email 305 933-9903 ednaschenkel@gmail.com Business Name Occupation Greater Talent Network,a UTA Company VP/Agent Business Address 437 Fifth Avenue, New York, NY 10016 Business Phone Fax - 305 466-1970 N/A Qualifications: Briefly describe the specific expertise and/or abilities you can contribute as a member of this Board. Proa.s;onal Mudivemant in Us'kriur^and entertainment Indy mires and IYrsonal inuon,ement in the cux�IraI arts. I have more than 30 years of experience booking speakers and talent. I have negotiated fees and contracts for sponsors and speakers and have worked with many of the major entertainment agencies. I bring first-hand knowledge of and a keen interest in the cultural life of Aventura and South Florida and support our local museums and cultural institutions. I am also a supporting member of Jacobs Pillow,the Barrington Stage and other cultural organizations in the Berkshires. My passion is for the performing and visual arts. Please attach a resume along with your application. I understand that in accordance with the State of Florida Government in the Sunshine Law, this information may be made public. I understand that all board appointments are for voluntary, uncompensated services and I will be subject to the requirements of the State of Florida Financial Disclosure Requirements. February 12, 2018 Signature of Applicant Date Email, mail or fax completed application & resume to. City of Aventura Office of the City Manager 19200 West Country Club Drive. Aventura, FL 33180 305-466-8910 Fax. 305-466-8919 sg rant@cityofaventu ra.corn The Ordinance Establishing the Arts & Cultural Center Advisory Board is available for review on the City of Aventura website at cityofaventura com. RESUME EDNA SCHENKEL Tel. #305 933-9903 21205 Yacht club Drive, Apt. 803 Cell #305 632-7486 Aventura, FL 33180 Ednaschenkel@gmail.com PROFESSIONAL EXPERIENCE: 2000-Present Executive Vice President at Greater Talent Network,a United Talent Agency Company. We provide speakers and entertainers to corporations,organizations, universities, performing arts centers,synagogues and churches. I have a first-hand knowledge of the lecture and entertainment industries. 1997-2000: Independent agent with DMB Speakers Bureau(purchased by Greater Talent Network) 1986-1997: Sales Manager/account executive at Program Corporation of America,White Plains,NY,a national speakers bureau. Responsibilities included sales and training of sales staff, maintaining client relations,developing sales leads and booking speakers. Most important skill was successfully matching sponsors and talent. VOLUNTEER POSITIONS: 2006-Present: Co-chairperson of the Cultural and Entertainment Committee of the Point of Aventura, an 1100 unit condominium community. Plan and execute social and educational events on and off-site including musical acts,film nights, lectures and museum trips. Chair of the Design Committee of my condominium. Volunteer for Reading Pals,a United Fund reading program in the public schools. Docent at the Museum of Contemporary Art,North Miami EDUCATION: Bachelor of Arts,College of New Rochelle—Communications major—Graduated 1986 Magna aim Laude PERSONAL: Former New Yorker. Resident of Aventura since 1997. Spend summers in the Berkshires enjoying all the art,dance, music and drama the area offers. Married to Bob Schenkel,commercial artist and part-time actor. We have two daughters,two sons-in- law and three granddaughters. References available on request. a `\\ \1 / 1- iwa / iii 01 ;'1 \ iti' iui: \ Application for 3 111�\P s.1,& Arts and Cultural Center Advisory Board err of Applicants must have specific experience and a strong commitment to performing arts including music, dance, the dramatic arts, the visual arts and the cultural arts. Name of Applicant EDITH SHIRO Address 21200 NE 38TH AVE,APT#1402,AVENTURA, FL 33180 Phone Email (305)9360792 ESHIROII @YAHOO.COM Business Name Occupation EDITH SHIRO, PSYD. PA PSYCHOLOGIST AND ART CONSULTANT Business Address 19300 WEST DIXIE HIGHWAY, SUITE#1, NORTH MIAMI BEACH, FL 33180 Business Phone Fax (917)7238474 Qualifications: Briefly describe the specific expertise and/or abilities you can contribute as a member of this Board. I am a Licensed Clinical Psychologist and an Art Consultant. I have been a passionate art lover and in the last low years i nave peen working very closely wnnlocai emerging artists, promoting mew work, proviaing suppon and guidance in their artistic development and creating opportunities for exposure for their artwork. Last year I Art Basel Fair, with more than 40 local and international artists,with more than 80 pieces of art, including painting sculoture video and mixed media In addition I have been invited to participate in the Board of the Creative District in Liberty City to promote the arts and help develop the neighbourhood into the next art district in Miami. Please attach a resume along with your application. I understand that in accordance with the State of Florida Government in the Sunshine Law, this information may be made public. I understand that all board appointments are for voluntary, uncompensated services and I will be subject to the requirements of the State of Florida Financial Disclosure Requirements. Edith Shiro March 1st, 2018 Signature of Applicant Date Email, mail or fax completed application 8 resume to: City of Aventura Office of the City Manager 19200 West Country Club Drive, Aventura, FL 33180 305-466-8910 Fax:305-466-8919 sgrant@cityofaventura.com The Ordinance Establishing the Arts& Cultural Center Advisory Board is available for review on the City of Aventura website at cityofaventura.com. EDITH SHIRO, Psy.A PA 19300 West Dixie Highway,Suite #1 North Miami Beach, Florida 33180 Phone # (917) 723-8474 EDUCATION 8/1995-5/2001 Ferkauf Graduate School of Psychology, Yeshiva University, Bronx,New York Psy.D. Doctorate in Clinical Psychology. 9/1987 -9/1992 Catholic University "Andres Bello" Caracas,Venezuela Licentiate in Psychology, including U.S. Master's Equivalency in Psychology. Five year comprehensive program encompassing theory and practice in fields such as developmental psychology,experimental psychology and research, psychopathology,clinical psychology,school psychology,vocational psychology,counseling psychology and industrial psychology. 9/2001—8/2003 Ackerman Institute for the Family, New York,NY Post-doctoral training and certification in couples and family therapy. 9/1998—9/1999 International Trauma Studies Program, New York University Certified program in international trauma studies. Specialized training and certification in psychological trauma and PTSD. 7/1994- 8/1995 Ackerman Institute for Family Therapy,New York, NY Courses in Couples Therapy; Live Clinical Supervision. Intensive clinical training and supervision in structural,strategic,and intergenerational models of theory and practice. WORK EXPERIENCE 9/2006—present Clinical Psychology Private Practice,Miami,FL 3/2007—6/2010 Child and Family Psychologists,Plantation,FL Clinical Psychologist at a clinic providing services for children and families in English, Spanish, and Hebrew. 2017—present ArtHood 56 Art Gallery,Liberty City, Miami FL Art Consultant, Curator and event organizer. 6/2003—8/2006 Clinical Psychology Private Practice,New York,NY 9/2005—8/2006 Eikenberg Institute for Relationships, New York, NY Faculty member for the Institute. Center that promotes strengthening of individual,couple,family, and community connections. 9/2003—7/2004 Ackerman Institute for the Family, New York,NY Center for Trauma and Families, project coordinator Dr. Kenneth Hardy, Director. On-going workshops sponsored by Mental Health Association of NY,with a grant from Project Liberty and 9/11 to train professionals on Trauma-Based Family Therapy interventions and techniques. 8/01 —8/06 REFUGE/International Trauma Studies Program, NYU Human Rights Clinical Support Network Coordinator Non-profit organization providing services to refuge communities and survivors of torture from around the world. Supervised by Jack Saul,Ph.D. 7/97—2006 Center for Immigrant Families,CIF,New York, NY Board of Directors Upper Manhattan community center for Latinas and people of color,helping with empowerment,acculturation and human rights issues. 9/06—present School of Leadership,Hebraica at JCC, North Miami Beach Chair person at the Board of Directors Youth Services for Leadership and community organizing work. 1/10—present Red Cross Member, Miami , FL Volunteer psychologist 9/01 —09/02 Red Cross,Local Union 32BJ, World Trade Center Multi-family group counseling for families of the missing at the World Trade Center terrorist attacks. Follow up counseling for individuals and family members. 8/00—5/01 Yeshiva University, Bronx, New York,NY Research Assistant in Trauma and Recovery course and Qualitative Research course. 8/96 -8/97 Herbert G.Birch Family Camp, Birch Services, New York Volunteer staff psychologist and group leader with families with HIV and AIDS. 9/94-9/95 Montefiore Medical Center, Albert Einstein College of Medicine,Bronx,New York Volunteer in Psychology, Department of Psychiatry. Research Assistant in Project on Trauma and Dissociation in Acculturation. 7/93 -9/94 MetroWest Mental Health Association,Framingham, Mass. Supervised Child, Adult and Family Psychotherapist. PRACTICUM AND CLINICAL EXPERIENCE 7/99—7/00 Lenox Hill Hospital,New York Internship in Clinical Psychology Long-term outpatients,groups and family therapy;inpatient treatment,and consultation-liaison in a hospital setting.Didactic seminars and lectures. Advance training in psychodynamic psychotherapy. Extensive supervised experience in assessment for intakes,consultations,and crisis intervention. 9/97 -6/98 Bellevue Hospital Medical Center, Pediatric Psychiatry and School Function Clinic,New York Extemship in Psychology Assessment and diagnosis of children and adolescents and their families. Individual and family therapy with children and parents,crisis intervention and participation in multidisciplinary Disposition Case Conferences. Individual therapy,peer group supervision and case presentation in the Survivors of Torture and Trauma Clinic. 9/96- 9/97 Bellevue Hospital Center, Bilingual Treatment Program Clinic, New York Extemship in Psychology Supervised individual therapy,group therapy,and couples therapy with Hispanic and ethnic minority populations. Adult and child psychological assessments in Spanish and English. Therapy and supervision with survivors of torture and trauma. 9/95—5/98 The Roberto Clemente Family Guidance Center, New York Training and Research in Family Therapy Part of the team of therapists in the"Culture and Migration Dialogue"Project, treating Latino families with an eco-systemic approach including migration and acculturation issues. Directed workshops and group dynamics about immigration issues and community empowerment to public school principals, teachers,paraprofessionals,and substance abuse counselors. 9/99—7/03 Gestalt Training and Supervision,New York Group supervision and clinical presentation of cases. TEACHING EXPERIENCE 2011 Live Modern School of Music, Miami FL Workshops and Training for Music teaches and staff. 2010 Hillel School, Miami, FL Parenting classes for High school parents 2008 -2016 Jewish Community Center, Miami FL Workshops on Child Development Workshop on Conscious Parenting 2005 Catholic University Caracas, Venezuela CIEPI Postgraduate Institute, INVEDIN and Parque Social Community Center. Dr. Kenneth Hardy co-presenter. Two-day intensive family therapy workshop and two-day conference on violence,poverty and trauma in children and families. 2004 Lenox Hill Hospital, New York Workshop on Multicultural issues in trauma, for staff psychiatrists, psychologists, fellows and interns. 2004 Catholic University, Caracas, Venezuela INVEDIN Postgraduate Institute and CIEPI Institute Presentation and workshop on"Childhood Violence and Maltreatment:A Covered Reality",to a large number of mental health and school professionals. 2002 Fordham University, New York Family Therapy and systemic thinking. 2000 Yeshiva University, Bronx,New York Research Assistant in Trauma and Post traumatic Stress. Qualitative Research Approaches. 1998 Catholic University "Andres—Bello",Caracas, Venezuela Family therapy courses to undergraduate students. 1997 INVEDIN Postgraduate Institute,Caracas,Venezuela Psychological Trauma courses to graduate students. RESEARCH AND PUBLICATIONS 2010 "The Cambodian Refugee Experience: An Integrative Model of Trauma and Recovery" by Shiro and Auerbach, in Mass Trauma and Emotional Healing Around the World, 2010, Kalyjian and Eugene, Editors. 2004 "A Cambodian refugee: Integrative Model of Trauma and Recovery" Calr Auerbach, Ph.D., Edith Shiro, Psy.D. Work in progress. 2001 "Resilience and Posttraumatic Growth: The Transforming Power of Trauma in Cambodian Refugees." Edith Shiro-Gelrud, Psy.D. Dissertation submitted in requirement for the degree of Doctor in Psychology,at the Ferkauf Graduate School of Yeshiva University,New York. 1992 "A Descriptive Study of the Personality Traits, Presence of Alexithymia and Biographical Data in Patients with Chronic Low Back Pain". Edith Shiro, Carolina Arbelaez. Dissertation submitted as a partial requirement for degree in Psychology Licentiate at the Catholic University"Andres-Bello"(UCAS). PRESENTATIONS, AND TV APPEARANCES 2016—present TV—Univision - Despierta America TV—Univision-El News Cafe You Tube—Familia Perfecta con La Blum Las Picaras TV—Guatemala, Ecuador,Nicaragua Venevison - Direct TV 2010 Actualidad Radio AM 2009 TV—Univision—Interview on effects of Immigration in children during back to school time. Tips for immigrant families and teachers working with children. 2008 TV—GENTV—Interview on couples relationships when there is marked age difference. Tips in how to deal with it. 2007 TV—MegaTV - Panel participation and interview on Cuban child custody issues and immigration issues. 2006 "Parenting Tips for Elementary School Children", Hillel Community Day School, co-lead with Shmuel Druin, M.A. 2006 "Qualitative Reasearch with Cambodian Refugees" ISTSS Conference in New Orleans. Carl Auerbach, Ph.D. and Edith Shiro, Psy.D. 2005 Lenox Hill Hospital, Department of Psychology and Psychiatry, NY. In-service conferences and supervision on"Trauma and Immigration: Cultural Issues in the clinical practice". 2004 TV—NY1 —Interview on the effects of trauma on children and tips for parents after the Tsunami Disaster in Thailand. 2004 "Resilience and Posttraumatic Growth."Edith Shim, Psy.D. First Annual Poster Conference of Psychology Research Ferkauf Graduate School of Psychology, Yeshiva University. 1996 "Toward a New Identity: The Cambodian Refugee's Struggle with Biculturalism" Edith Shiro-Gelrud, M.A. and Alvin Atkins, Ph.D. Paper Session presented at the Annual Convention of the American Psychological Association,Toronto, 1996. 1994- 1998 Montefiore Medical Center. Conducted literature review and interviewing Cambodian refugee population for paper and APA conference presentation on"Trauma and Dissociation in Acculturation", supervised by Alvin Atkins, Ph.D. PROFESSIONAL MEMBERSHIPS American Psychological Association (APA) # 7331-9898. International Society of Traumatic Stress Studies (ISTSS). Florida Psychological Association(FPA) American Red Cross, Broward and Miami-Dade, FL Center for Jungian Studies, Ft. Lauderdale, FL Venezuelan College of Psychologists, #3619. CITY OF AVENTURA OFFICE OF THE CITY MANAGER MEMORANDUM TO: City Commission 1 I FROM: Susan Grant, City Manag:%;kJ DATE: April 19, 2018 SUBJECT: Memorandum of Understanding with Police Benevolent Association ("PBA") BACKGROUND The City of Aventura established its Police Officers' Retirement Plan ("the Plan") on October 1, 2003. The City currently employs 13 officers who were hired between October 1, 2000 and September 30, 2003, who because of the existing Plan design did not receive pension credit for that time-period. The City and the PBA have had on- going discussions regarding this issue, and have come to an agreement that would allow these impacted members to buy back pension credit at their own expense, as calculated by the Plan's actuary. The payment to the Plan can be made in a lump sum transfer from an eligible retirement plan or through pre-tax installment payments over a period of not to exceed three years. In order to implement this proposed change, a Memorandum of Understanding, amending the existing PBA contract is required, in addition to an amendment to the City's Code of Ordinances to reflect the change in the Plan document. The PBA voted on the MOU on April 4, 2018, voting 38-0 in favor. With commission consensus, the MOU and First Reading of the Ordinance will be placed on the May 1, 2018 agenda. If you have any questions, please feel free to contact me. MEMORANDUM OF UNDERSTANDING This Memorandum of Understanding is entered into by and between the City of Aventura (the"City")and the Miami-Dade County Police Benevolent Association(the"Union"). WHEREAS, the Union represents a bargaining unit of the City's police officers and sergeants; WHEREAS, the members of the bargaining unit represented by the Union are participants of the City of Aventura Police Officers' Retirement Plan (hereinafter "Retirement Plan"); WHEREAS,the Retirement Plan was established effective October 1,2003; WHEREAS, bargaining unit members who were hired by the City between October I, 2000 and September 30, 2003, are not entitled, under the current provisions of the Retirement Plan, to credited service for the years of service that they rendered to the City prior to the effective date of the Retirement Plan; WHEREAS, the parties now wish to amend the Retirement Plan to permit Retirement Plan members hired on or after October 1, 2000 and before September 30, 2003 to purchase credited service for said years of service with such members paying the full cost of such credited service. NOW THEREFORE,the parties agree as follows: 1. By no later than May 31, 2018, the City shall adopt the ordinance amendment attached hereto as Exhibit"A"hereto. 2. This Memorandum of Understanding shall apply to the police officers listed in Exhibit "B"hereto. 3. The parties agree and understand that the City shall have no financial responsibility as to members' purchase of credited service and that the individual members will bear the full responsibility to pay any costs and fees associated with such purchase, including the cost of any actuarial studies necessitated by same. 4. The parties have had the opportunity to consult with legal counsel of their choosing prior to executing this MOU. 5. This MOU shall become effective upon ratification by the bargaining unit members represented by the PBA and by the City Commission, whichever occurs later. In the event that this MOU is not fully ratified for any mason, it shall have no force or effect upon either party. 6. Other than as specifically set forth herein, this MOU does not modify the parties' collective bargaining agreement. 7. The parties agree that this MOU represents the Parties' entire agreement with regards to this subject matter, and that it cannot be amended or modified without express written consent of the parties. Done this day of ,2018 City of Aventura: Miami-Dade County Police Benevolent Association Susan Grant, City Manager Steadman Stahl, President If Date Date ORDINANCE NO. 2018- AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, AMENDING CHAPTER 36 "RETIREMENT," ARTICLE II "POLICE PENSION PLAN AND TRUST FUND," BY AMENDING SECTION 36-37 "TIME OF HIRE" TO PROVIDE RULES ALLOWING OFFICERS HIRED BETWEEN OCTOBER 1, 2000 AND SEPTEMBER 30, 2003 TO PURCHASE CREDITED SERVICE UNDER THE CITY OF AVENTURA POLICE OFFICERS' RETIREMENT PLAN FOR THE YEARS OF SERVICE THAT THEY RENDERED TO THE CITY AS POLICE OFFICERS PRIOR TO THE EFFECTIVE DATE OF THE RETIREMENT PLAN; PROVIDING FOR REPEAL; PROVIDING FOR SEVERABILITY; PROVIDING FOR INCLUSION IN THE CODE; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Aventura (the "City") maintains a defined benefit pension plan for its certified police officers, which is known as the City of Aventura Police Officers' Retirement Plan (the "Plan"), and which is codified in Chapter 36 of the City Code; and WHEREAS, the City and the Police Benevolent Association have entered into an agreement to permit police officers hired between October 1, 2000 and September 30, 2003, to purchase credited service under the Plan for the years of service that they rendered to the City as police officers prior to October 1, 2003, the effective date of the Plan; and WHEREAS, the City intends hereby to implement said agreement by amending the Plan accordingly; WHEREAS, the City Commission finds that it is in the best interest of the City and its employees to amend the Plan; and WHEREAS, prior to Second Reading of this Ordinance, the City Commission has received, reviewed and considered an actuarial impact statement describing the actual impact of the amendments provided for herein. NOW THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA1: Section 1. That each of the above-stated recitals are hereby adopted and confirmed. Section 2. That Chapter 36 "Retirement," Article II "Police Pension Plan and Trust Fund," Section 36-37, "Time of hire," of the City Code of Ordinances be amended as follows: Sec. 36-37. - [Time of hire.] Employees hired as a City of Aventura Police Officer prior to October 1, 2000 shall be eligible to receive credited service from the initial date of employment as a police officer at the plan's three percent benefit accrual rate, provided the employee transfers all funds from the City 401(a) plan to the defined benefit plan effective October 1, 2003. Employees hired as a City of Aventura Police Officer prior to October 1, 2000 who elect not to transfer all funds from the City 401(a) plan shall only receive prior credited service at a two percent benefit accrual rate. The City shall make no further contributions to the 401(a) plan. Employees hired as a City of Aventura Police Officer on or after October 1, 2000 shall receive credited service effective October 1, 2003 and shall retain all balances to their credit in the 401(a) plan; provided, however, that the City shall make no further contributions to the 401(a) plan. Employees hired as a City of Aventura Police Officer on or after October 1, 2000 shall continue to accrue vesting rights in the 401(a), but the City shall make no additional contributions. Any employee hired on or after October 1, 2000 and prior to October 1, 2003, and named in the Memorandum of Understanding between the 'Words in strikeout type are deletions from exist text and word in underline type are additions to existing text City of Aventura and the Police Benevolent Association, dated February 26, 2018 may purchase credited service for service rendered to the City as a police officer between October 1, 2000 and September 30, 2003 as set forth below: a) Said election shall be made in writing no later than August 31, 2018 on a form approved by the Board of Trustees' b) Subject to Paragraph (4) of Subsection (f) below, prior to the employee's separation from service with the City for any reason the employee shall pay the full actuarial cost of the purchase, as determined by the plan's actuary' c) The employee shall pay in advance any expenses related to the actuarial calculation, as determined by the Board of Trustees d) The payment shall be made by either, or a combination, of the following means: 1) trustee to trustee transfer from an eligible retirement plan or a 457 plan, and 2) installment payments including interest at the plan's actuarially assumed rate of investment return pursuant to an irrevocable payroll deduction authorization as set forth in Subsection (f) below. e) Any years and months of service purchased hereunder shall be treated as credited service within the meaning of Section 36-22 of the retirement plan. f) Installment payments shall be subject to the following conditions: 1) The employee must execute an irrevocable payroll deduction authorization form, specifying the amount of the bi-weekly deductions and the duration of the authorization. The specified amount shall be that determined by the plan's actuary to be sufficient to pay the entire actuarial cost of the purchase within the specified duration of the payroll deduction authorization which duration shall not extend beyond the earlier of: A. Three years from the date of the employee's first paycheck after September 30, 2018; and B. The earliest date upon which the employee would become eligible for normal retirement under Section 36- 26. 2) The deducted amounts shall be contributed to the retirement plan and shall be considered employee contributions that are "picked-up" (within the meaning of Section 414(h)(2) of the Internal Revenue Code) by the City. The employee shall not be entitled to any option of directly receiving cash in lieu of the amounts subject to deduction. Picked-up contributions shall be made from the same source as the payment of salary and wages to the employee. 3) The amount provided in the payroll deduction authorization shall include interest, as calculated by the plan's actuary, at the retirement plan's actuarially assumed rate of return on investments. 4) If, upon the date of the employee's separation from service with the City for any reason, there remains an unpaid balance of the actuarial cost of the purchase, then the employee shall receive years(and fractions thereof)of service credit in accordance with the amount of the cost paid prior to separation. Section 3. Repeal. All sections or parts of sections of the Code of Ordinances of the City of Aventura, all ordinances or parts of ordinances, and all resolutions or parts of resolutions in conflict herewith, be and the same are hereby repealed to the extent of such conflict. Section 4. Severability. Should any section or provision of this Ordinance, or any paragraph, sentence or word, be declared by a Court of competent jurisdiction to be invalid, such decision shall not affect the validity of the remainder hereof, as a whole or a part hereof, other than the part declared to be invalid. Section 5. Inclusion in the Code. It is the intention of the City Commission of the City of Aventura that the provisions of this Ordinance shall become and be made a part of the Code of Ordinances of the City of Aventura and that the sections of this Ordinance may be renumbered or relettered and the word "ordinance" may be changed to "Chapter", "Section", "Article", or such other appropriate word or phrase, the use of which shall accomplish the intentions herein expressed. Section 6. Effective Date. This Ordinance shall be effective upon passage by the City Commission on second reading. The foregoing Ordinance was offered by who moved its adoption on first reading. This motion was seconded by and upon being put to a vote, the vote was as follows: Commissioner Dr. Linda Marks Commissioner Denise Landman Commissioner Howard Weinberg Commissioner Robert Shelley Commissioner Gladys Mezrahi Commissioner Marc Narotsky Mayor Enid Weisman The foregoing Ordinance was offered by who moved its adoption on second reading. This motion was seconded by upon being put to a vote, the vote was as follows: Commissioner Dr. Linda Marks Commissioner Denise Landman Commissioner Howard Weinberg Commissioner Robert Shelley Commissioner Gladys Mezrahi Commissioner Marc Narotsky Mayor Enid Weisman PASSED on first reading this day of , 2018. PASSED AND ADOPTED on second reading this day of , 2018. ENID WEISMAN, Mayor ATTEST: Ellisa Horvath, MMC City Clerk Approved as to Legal Sufficiency: City Attorney Exhibit B Cm Rank First Last IDAOrig Hire PO Hire credited service Time forfeited begins _ _a 1 Ofc. Teresa Williams 194 10/13/97 326/01 10/01/03 30mos 7days 2 Oft. Robert Feierstadt 149 3/15/99 7/2/01 10/01103 26mos 30days____ 3 Oft. Katina Rodriguez 199 4/12/99 7/16/01 10/01/03 26mos 16days 4 Ofc. John Ogden 112 3/31/97 7/30/01 10/01/03 'i26mos 2days 5 Ofc. Jason Fernandez 293 3/12/01 820/01 _ 10/01/03 25mos13days 6 Ofc. Robed Myers 131 10/1/01 10/01/03 23mos iday 7 Ofc. Harvey Mango 132 3/4/02 10/01/03 I18mos 29days _.. 8 Ofc. Emilio Perez 133 10/1/01 3/11/02 10/01/03 �18mos22days 9 Ofc. Michael Leondni 143 7/1/02 _ 10/01/03 15mos iday 10 Ofc. Jeannette Castro 115 8/5/02 10/01/03 �13mos 28days 11 Oft. Barbara Mocha 141 2/17/03 10/01/03 7mos 13days _ 12 Oft. Chris Goranitis 297 10/1/01 4/10/03 10/01/03 5mos 22days 13 Oft. Carolyn Gray 932 4/3/00 7/7/03 ___ 10/01/03 _ 12mos 26days___ _ WORK AUTHORIZATION NO. 259 WATERWAYS DOG PARK REDESIGN The City of Aventura has requested Work Authorization No. 01-0103-259 as provided for in the Agreement between the City of Aventura and Craven Thompson and Associates, Inc. and approved by the City Commission on July 3, 2001. This Work Authorization No 01-0103-259 provides for technical services in accordance with Articles 3, 4, 6, 7 and 8 of the Agreement as further detailed in the scope of services in Exhibit A. Payment for such services shall be in accordance with Article 5 of the Agreement. Landscape Architectural Services Task 1: Prepare Preliminary Design including revisions based on community input $5,150.00 Task 2: Prepare Cost Estimate $375.00 Task 3: Attend Community Input& City Commission meetings $900.00 Total Lump Sum Site Preliminary Design Phase $6,425.00 Reimbursable Expenses Printing, Graphics, Communications, Couriers, Express Mail, Etc. $500.00 Total Estimated Reimbursable Expenses $500.00 Total Lump Sum Expenses are $6,425.00 Total Estimated Reimbursable Expenses are $500.00 The time period for this work authorization will be 60 Days. CITY: CITY OF AVENTURA, FLORIDA through its City Manager BY City Manager Susan Grant day of ,2018 Notice to Proceed Yes No Project Initiation Date RECOMMENDED through its Community Services Director BY Community Services Director Kimberly Merchant.CPSI day of , 2018 Exhibit A City has identified an issue with the existing Waterways Dog Park in that there are not separate areas for the large dogs and small dogs. City has requested the Consultant to provide recommendations for park changes to accommodate two separate areas. In order to do so, the Consultant will provide the following services: • Review the existing site conditions and come up with a preliminary redesign • Attend one Community Input meeting to obtain community thoughts on the project • Revise the preliminary design based on the community input • Provide a preliminary cost estimate to the City • Present the revised design to the City Commission Lump Sum fee for these services is $6,425.00 ORDINANCE NO. 2015-585 AN ORDINANCE OF BAL HARBOUR VILLAGE, FLORIDA, AMENDING THE BAL HARBOUR VILLAGE CODE OF ORDINANCES BY CREATING ARTICLE X " CONTRACTING WITH THE VILLAGE", OF CHAPTER 2 "ADMINISTRATION" OF THE VILLAGE CODE, PROHIBITING THE VILLAGE FROM PROCURING GOODS OR SERVICES FROM, OR OTHERWISE CONTRACTING WITH A BUSINESS WHICH ENGAGES IN THE BOYCOTT OF A PERSON OR ENTITY BASED ON RACE, COLOR, RELIGION, GENDER, OR NATIONAL ORIGIN; PROVIDNG FOR CODIFICATION; PROVIDING FOR SEVERABILITY; PROVIDING AN EFFECTIVE DATE. WHEREAS, the Village Council strongly opposes the practice of economic discrimination and boycotts of persons and/or entities on the basis of race, color, religion, gender or national origin; and WHEREAS, the Village Council desires to protect the interests of its citizens by ensuring that they, through the Village Council, will not be party to such discriminatory business practices and boycotts, and furthermore that Village Council contracts with the private sector are protected from the practical and legal instability inherent to parties that support or engage in such discriminatory practices. NOW THEREFORE, IT IS HEREBY ORDAINED BY THE VILLAGE COUNCIL OF BAL HARBOUR VILLAGE, FLORIDA; AS FOLLOWS: Section 1. Recitals. That the above stated recitals are hereby adopted and confirmed. Section 2. Village Code Amended. That Article X"Contracting with the Village", of Chapter 2 "Administration" of the Bal Harbour Village Code of Ordinances is hereby created and shall read as follows: Article X. "Contracting with the Village. Section 2-401. Definitions. As used in this Article, the following terms shall have the following meanings: Boycott means to blacklist, divest from, or otherwise refuse to deal with a person or entity when the action is based on race, color, religion, gender, or national origin of the targeted person or entity. The term Boycott does not include: (a) A decision based upon business or economic reasons; Bal Harbour Village Ordinance 2015-585 (b) A Boycott against a public entity or foreign state when the boycott is applied in a non discriminatory manner; (c) Boycotts or divestments of particular jurisdictions that are specifically authorized or required by federal law or state law. Business means any sole proprietorship, organization, association, corporation, limited liability partnership, limited liability company, or other entity or business association, including wholly owned subsidiaries, majority owned subsidiaries, parent companies or affiliates of those entities or business associations. Open Trade Jurisdiction means World Trade Organization members and those countries with which the United States has free trade or other agreements aimed at ensuring open and nondiscriminatory trade regulations. Section 2402. Non-Discrimination. (A)The Village shall not enter into a contract with a Business unless the contract includes a representation that the Business is not currently engaged in, and an agreement that the Business will not engage in, the Boycott of a person or an entity based in or doing business with an Open Trade Jurisdiction. (B)The Village may, in its sole discretion, elect to waive the requirements of this Article upon the affirmative vote of the Village Council where the Village Council deems the waiver necessary for the health, safety or welfare of the Village and its residents." Section 3. Severability. That the provisions of this Ordinance are declared to be severable and if any section, sentence, clause or phrase of this Ordinance shall for any reason be held to be invalid or unconstitutional, such decision shall not affect the validity of the remaining sections, sentences, clauses and phrases of this Ordinance but they shall remain in effect, it being the legislative intent that this Ordinance shall stand notwithstanding the invalidity of any part. Section 4. Inclusion in the Code. That it is the intention of the Village Council, and it is hereby ordained that this Ordinance shall become and made part of the Village Code; that the sections of this Ordinance may be renumbered or relettered to accomplish such Bal Harbour Village Ordinance 2015-585 intention; and that the word "Ordinance shall be changed to "Section" or other appropriate word. Section 5. Conflict That all sections or parts of sections of the Village Code, all ordinances or parts of ordinances and all resolutions or parts of resolutions in conflict with this Ordinance are repealed to the extent of such conflict. Section 6. Effective Date. That this Ordinance shall be effective immediately upon adoption on second reading. PASSED AND ADOPTED on first reading this 20th day of October,l� 2015. PASSED AND ADOPTEED�D o)�n second reading this J]day of AkvLH,.(,., , 201( .` Z( 1/ tf e(/ ( ( CG! Martin Packer Mayor ATTEST: I f • . Dwight S. Danie Vi°=ge Clerk APPROVED AS TO FORM AND LEGAL SUFFICIENCY: Village • orne Weiss erota Helfman Cole & Bierman, P.L. Reviewed and Approved by Village Attorney Matthew J. Pearl Bal Harbour Village Ordinance 2015-585 At the request of Commissioner Landman, the following article, taken from myjewishlearning.com, is being provided as back-up for this workshop item. What Is BDS? All about the movement for Boycott, Divestment and Sanctions against Israel. H Y' M l 1, SIAII' The Boycott, Divestment and Sanctions movement, commonly known as BDS, says its objective is to utilize international pressure to end what it describes as Israeli apartheid and colonialism. Specifically, the movement is dedicated to ending Israel's "occupation and colonization of all Arab lands" and dismantling the security barrier separating Israel and the West Bank. Its other stated goals are to achieve full equality for Arab Israelis and allow Palestinian refugees from the 1948 War of Independence (and their descendants) to return to their former homes in Israel. Many Jewish and Israeli leaders see the effort as a discriminatory attempt to undermine Israel's legitimacy as a Jewish state. BDS has come to be seen as a growing challenge to Israel internationally. In the United States, its impact has largely been felt on university campuses. Israeli leaders and American Jewish groups have pushed back forcefully against BDS, seeing it as at best counterproductive to peace and at worst blatantly anti-Semitic. They have won significant support in this effort from American political leaders. In 2016, President Barack Obama signed a trade law that barred cooperation with entities that engage in BDS, though Obama indicated he would not apply that requirement to boycotts of West Bank settlements. A number of American states have also adopted anti-BDS laws. What does the BDS movement do? BDS supporters seek to pressure Israel in three principal ways: boycotting Israeli goods, universities and cultural institutions; divesting from companies that provide vital equipment to the Israeli military; and urging countries to slap sanctions on Israel. BDS has inspired a number of divestment campaigns aimed at university endowments. public pension funds and companies it has identified as supporting or profiting from the Israeli military occupation of the West Bank. The movement has also inspired demonstrations at Israeli cultural events abroad. Does BDS support boycott of everything Israeli or just products from West Bank settlements? According to its website, BDS supports boycotting "Israel's entire regime of oppression." In practice, this is so widely defined that virtually every Israeli product is potentially subject to boycott. BDS targets the entire Israeli agricultural sector, alleging that all Israeli farm businesses are involved in human rights abuses. It has also targeted Hewlett-Packard, because the company allegedly makes a technology used by the Israeli military against Palestinians, and Sabra hummus, because it "provides financial support" to the Israeli military. Some, including some Jews, have proposed narrower boycotts aimed specifically at products produced in the Israeli settlements. Both the liberal"pro-Israel, pro-peace" lobby J Street, and the writer Peter Beinart, support a boycott of Israeli settlement products, because they believe the settlements are obstacles to a peaceful solution to the Israeli-Palestinian conflict. Groups of Israeli academics, artists and students have also announced that they will not participate in activities at West Bank institutions. Is the BDS movement pro-peace? It certainly claims to be. Proponents of BDS consider its tactics inherently peaceful and cite previous examples of successful boycott campaigns —most commonly, the fight against apartheid in South Africa in the 1980s—as models of non-violent resistance to oppressive regimes. The movement does not, however, explicitly endorse the two-state solution, the framework most of the world considers the only realistic means of ending the Israeli-Palestinian conflict. Rather, BDS is officially agnostic on that question, claiming its concerns are the basic rights of Palestinians, not the particular parameters of a peace settlement. In the eyes of many critics, because the movement offers unconditional support to the Palestinians and rarely, if ever, condemns terrorism, BDS contributes to violence and unrest, effectively incentivizing the Palestinians to oppose Israel rather than negotiate with it. Is the BDS movement anti-Semitic? Proponents of the anti-Semitism charge typically make two arguments. First, by focusing solely on Israel's alleged abuses, BDS ignores countless other worse human rights abusers around the world, effectively singling out the Jewish state and holding it to a unique standard. Second, by including in its stated goals protecting the right of Palestinian refugees to return to homes they lived in prior to Israel's establishment— something Israel considers an existential threat to its Jewish character—the movement is effectively calling for the end of the Jewish state. "The Boycott, Divestment, Sanctions (BDS) movement aims to demonize, delegitimize, and destroy the Jewish nature of Israel, with the result of denying to Jews their right of national self-determination," says the AMCHA Initiative, which fights anti-Semitism at American colleges and universities. BDS defenders vigorously dispute this charge, arguing that theirs is a peaceful movement to force Israel to comply with international law. They assert that they target Israel because of its actions, not its identity, and point to the movement's Jewish supporters as proof that it is not driven by anti-Jewish animus. When did the BDS movement begin? The BDS effort officially traces its origins to a 2005 call by a coalition of 170 Palestinian organizations, though some observers see its roots in the Arab League boycott of Israel launched in the 1940s. The contemporary BDS movement began to take shape during the Second Intifada, which began in 2000. Escalating violence and various major Israeli military operations in the West Bank led to a number of boycott calls beginning in 2002. The construction of Israel's West Bank barrier, which the Palestinians largely opposed, alleging that it was a land grab rather than an effort to reduce terrorism, gave further momentum to these efforts. The 2005 BDS declaration opens by noting that Israel's construction of the barrier was continuing despite an International Court of Justice ruling a year earlier that it was illegal. Has BDS been successful? The BDS website notes a number of successes, among them a 2014 UN report claiming that boycotts partially accounted for a significant drop in foreign investment in Israel that year. It also cites a small number of foreign multinationals that have pulled out of Israel under pressure and Israeli corporations whose businesses have been harmed. Several well-known artists, such as Roger Waters and Elvis Costello, have also declined to perform in Israel, citing its treatment of the Palestinians. On the whole, the movement has been less successful in the United States than in Europe, where a number of pension funds and private banks have divested from targeted companies. In the United States, several university student bodies have called on their schools to divest. Though to date none have done so, the movement has made Israel a polarizing issue on U.S. campuses. The divestment question has also been raised in a number of liberal American Christian denominations. Despite all this, Israel has faced nowhere near the level of global isolation faced by apartheid South Africa, and its GDP continues to grow. What are anti-BDS laws? A number of U.S. states and the federal government have adopted laws aimed at countering the BDS movement. While the specifics differ, in general they bar the authority in question from doing business with any entity that engages in boycotts against the Jewish state. Critics charge that is a violation of free speech rights, claiming that the government should not be permitted to deny state contacts to companies simply because they disagree with their position on BDS. Do any Jewish organizations support BDS? Very few, and none of the major ones. The best-known is Jewish Voice for Peace, a San Francisco-based group that does not endorse a two-state solution or the principles of Zionism and which the Anti-Defamation League lists among the top anti-Israel groups in the United States. Among mainstream Jewish organizations, there is wall- to-wall rejection of BDS. The Jewish campus group Hillel officially bars pro-BDS groups from speaking under its auspices, though this policy has been challenged at a number of schools. J Street, the liberal lobbying group, rejects BDS because the BDS movement does not support a two-state solution or recognize the Jewish right to a state. J Street does support boycotts that are targeted at Jewish settlements in Israeli- occupied territory, however. - 4 a 14 1k J. , - I I i ' f '1_, A , 4 ..-. ffiaaA,. ..„1/44,(--./ ,,, , ._ 4 0. do, )00r )' ;I fill ' . i 's XN %:111 i 4i 1 , : i '4Sli - *P . • fa Ar . ilt ,Sii 114 , , ' 4 0 -4, i , _ J POLICE th 1� ` BENEVOLENT ASSOCIATION 4 ) 81A 0 t r,,,_,,,Aii , # # 44 4 4/ i 0 g tai ? 1 lko C0 � �Q � � CDote;v4tait 4 o • LAW ENF • RCEMENT AWARDS GALA Celebrating 25 ccticaid of Honoring Law Enforcement's Finest Cocktails Dinner & Awards -6 Black Tic -6 & Silent Auction Presentation 150 MEMBERS 5:30 p.m. DONALD J. TRUMP BALLROOM $175 NON MEMBERS 7:00 p.m. Saturday, May 19, 2018 Trump National Doral Miami RESERVATION DEADLINE IS APRIL 20, 2018. To RSVP by phone, contact Jenny at: (305) 593-0044 or purchase tickets online at: https://dadecountypbagala.eventbrite.com I Raleigh Flowers,Jr. President William "Skip"Washa Jr. _ Past President Ian Moffett ASSQCPATPON OF Vice President CKIE:rS Or POLICE: Miguel De La Rosa Daniel Junior Miami-Dade County Association Membership Chairman Secretary of Iry Heller David De La Espriella Treasurer Chiefs of Police Sergeant at Arms RESOLUTION OF THE MIAMI-DADE COUNTY ASSOCIATION OF CHIEFS OF POLICE WHEREAS, the Miami-Dade County Association of Chiefs of Police is committed to improving law enforcement throughout Miami-Dade County, Florida, and WHEREAS, the Miami-Dade County Association of Chiefs of Police recognizes and supports the efforts of agencies working together in a cooperative effort to enhance public safety in Miami-Dade County, and WHEREAS, the member police agencies have entered into mutual-aid agreements reaffirming their commitment to working together in a cooperative matter, and WHEREAS, the Miami-Dade County Association of Chiefs of Police encourages the utilization of innovative crime fighting strategies, state-of-the-art technologies, and comprehensive legislation, policies and procedures; and WHEREAS, the United States Department of State's Special Envoy to Monitor and Combat Anti-Semitism published a fact sheet issued on June 8, 2010, containing a proposed working definition of anti-Semitism; and WHEREAS, the Miami-Dade County Association of Chiefs of Police encourages all police agencies to consider this definition of anti-Semitism in investigating crimes, in a manner consistent with the federal hate crime statute, 18 U.S.C. §249, and the state hate crime statute, FSS 775.085; and WHEREAS, the Miami-Dade County Association of Chiefs of Police encourages police agencies to consider potential anti-Semitic motivation for criminal offenses in order to ensure the safety and well-being of its Jewish community; and WHEREAS, the Miami-Dade County Association of Chiefs of Police recognizes that prevention hate crimes is a significant law enforcement and crime prevention priority. NOW THEREFORE, BE IT RESOLVED THAT THE MIAMI-DADE COUNTY CHIEFS OF POLICE ENCOURAGES ALL POLICE AGENCIES TO ESTABLISH SPECIFIC PROTOCOLS TO BE FOLLOWED FOR THOSE INVESTIGATIONS SURROUNDING POTENTIAL ANTI-SEMITIC MOTIVATIONS FOR CRIMINAL OFFENSES. Passed and adopted unanimously on this 7th day of March 2018. Raleigh Flowers, President Miami-Dade County Association of Chiefs of Police Raleigh Flowers,Jr.., President 655 96th Street Surfside, Fla 33154 http://www.mdcacp.org (305)866-5000 61 RESOLUTION NO. 2017-30108 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ESTABLISHING THOSE PROTOCOLS TO BE CONSIDERED BY THE MIAMI BEACH POLICE DEPARTMENT FOR THOSE INVESTIGATIONS SURROUNDING POTENTIAL ANTI-SEMITIC MOTIVATIONS FOR CRIMINAL OFFENSES. WHEREAS, the Mayor and City Commission recognize that religious discrimination continues to impact various individuals throughout the City, and that these discriminatory practices must.be eliminated; and WHEREAS, the City hereby acknowledges the definition for anti-Semitism, which shall include the following: Anti-Semitism is a certain perception of Jews, which may be expressed as hatred toward Jews. Rhetorical and physical manifestations of anti-Semitism are directed toward Jewish or non-Jewish individuals or their property, or toward Jewish community institutions and religious facilities. WHEREAS, the Mayor and City Commission have identified those examples of anti- Semitism, which will include: a. Calling for, aiding, or justifying the killing or harming of Jews (often in the name of a radical ideology or an extremist view of religion); b. Making mendacious, dehumanizing, demonizing, or stereotypical allegations about Jews as such or the power of Jews as a collective—especially, but not exclusively, the myth about a world Jewish conspiracy or of Jews controlling the media, economy, -government or other societal Institutions; c. Accusing Jews as a people of being responsible for real or imagined wrongdoing committed by a single Jewish person or group, the state of Israel, or even for acts committed by non-Jews; d. Accusing the Jews as a people, or Israel as a state, of inventing or exaggerating the,Holocaust; or e. Accusing Jewish citizens of being more. loyal to Israel, or to the alleged priorities of Jews worldwide, than to the interest of their own nations. WHEREAS, the Mayor and City Commission. recognize that there exist specific examples of anti-Semitism that relates directly to Israel, which examples include: a. Demonizing Israel by using the symbols and images associated with classic anti-Semitism to characterize Israel or Israelis, drawing comparisons of contemporary Israeli policy to that of the Nazis, or blaming Israel for all inter-religious or political tensions; i b. Applying a double standard to Israel by requiring behavior of Israel that is not expected or demanded of any other democratic nation, or focusing peace or human rights investigations only on Israel; or Delegitimizing Israel by denying the Jewish people their right to self- determination, and denying Israel the right to exist; or c. However, criticism of Israel similar to that levied against any other country cannot be regarded as anti-Semitic. WHEREAS, the Mayor and City Commission hereby establish these protocols to be utilized for investigating whether there has been a violation of Federal or State law, and the Miami Beach Police Department shall take into consideration the definition of anti-Semitism for purposes of determining whether the alleged violation was motivated by anti-Semitic intent, consistent with those federal or state statutes prohibiting hate crimes. WHEREAS, this established policy will not be construed to diminish or infringe upon any right protected under the First Amendment to the Constitution of the United States, or the State of Florida's Constitution. WHEREAS, the Miami Beach Police Department should consider potential anti-Semitic motivation for criminal offenses in order to ensure the safety and well-being of its Jewish community; and WHEREAS, the Miami Beach Police Department will consider this definition in investigating crimes, in a manner consistent with. the federal hate crime statute, 18 U.S.C. §249 and the state hate crime statute, Fla. Stat. §775.085, as both may be amended from time to time; and WHEREAS, the Mayor and. City Commission have declared and determined that this Resolution will serve to establish those protocols for the Miami Beach Police Department, which are in the best interest of the City's visitors and residents in order to protect the public health, safety and welfare. NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, hereby establishes those protocols to be considered by the Miami Beach Police Department for those investigations surrounding potential anti-semitic motivations for criminal offenses. PASSED and ADOPTED this—L3—day of December, 2017. ATTEST. \ fib' Iber, Mayor r APPROVED AS TO �. , FORM&LANGUAGE Rafael Granado, City Clerk FO EXECUTION INCORP ORATED7 1 City Attm" Date Resolutions - C7 S E C MA " ' 11"' COMMISSION MEMORANDUM TO: Honorable Mayor and Members of the City Commission FROM: Raul J.Aguila, City Attorney DATE: December 13,,2017 SUBJECT A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ESTABLISHING THOSE PROTOCOLS TO BE CONSIDERED BY THE MIAMI BEACH POLICE DEPARTMENT FOR THOSE INVESTIGATIONS SURROUNDING POTENTIAL ANTI-SEMITIC MOTIVATIONS FOR CRIMINAL OFFENSES. RECOMMENDATION Pursuant to the request of Commissioner Michael Gongora, the above-referenc*ed Resolution is submitted for consideration by the Mayor and City Commission at the December 13, 2017 Commission meeting. Legislative Tracking Office of the City Attorney Sponsor Commissioner Michael Gongora and Co-Sponsored.by Commissioner Ricky Arriola ATTACHMENTS: Description D Establishing Protocols-for 1V BPD Investigations on Potential Anti-Semitic Criminal Offenses Page 600 of 1320 ORDINANCE NO. 2017- AN ORDINANCE OF BAL HARBOUR VILLAGE, FLORIDA; AMENDING DIVISION 2, "POLICE" IN ARTICLE IV "OFFICERS AND EMPLOYEES" OF CHAPTER 2 "ADMINISTRATION" OF THE CODE OF ORDINANCES IN ORDER TO CREATE SECTION 2-112 "CONSIDERATION OF ANTI-SEMITISM IN ENFORCING LAWS;" PROVIDING FOR SEVERABILITY, INCLUSION IN THE CODE, CONFLICTS, FINDINGS, AND AN EFFECTIVE DATE WHEREAS, the Village Council of the Village of Bal Harbour ("Village Council") will not tolerate discrimination within its jurisdiction; and WHEREAS, in 2015, the Village Council passed Ordinance No. 15-585, prohibiting the Village from entering into agreements with businesses that boycott a person or entity based in or doing business with an Open Trade Jurisdiction such as Israel, and requiring businesses to pledge not to engage in such a boycott during agreements with the Village; and WHEREAS, the Village Police Department should consider potential anti-Semitic motivation for criminal offenses in order to ensure the safety and well-being of its Jewish community; and WHEREAS, the United States Department of State's Special Envoy to Monitor and Combat Anti-Semitism published a fact sheet issued June 8, 2010 containing a proposed working definition and providing contemporary examples of anti-Semitism, attached as Exhibit "A"; and WHEREAS, the Village Council seeks to require its Police Department to consider this definition and the examples in Exhibit "A" in investigating crimes, in a manner consistent with the federal hate crime statute, 18 U.S.C. 5249 and the state hate crime statute, Fla. Stat. 5775.085, as both may be amended from time to time; and Page 1 WHEREAS, the Village Council hereby finds and determines that this Ordinance is in the best interest of the public health, safety, and welfare. NOW, THEREFORE, IT IS HEREBY ORDAINED BY THE VILLAGE COUNCIL OF BAL HARBOUR VILLAGE, FLORIDA, AS FOLLOWS': Section 1. Recitals Adopted. That each of the above recitals is hereby adopted and confirmed. Section 2. Section 2-112 of the Village Code Created. That Section 2-112 "Consideration of Anti-Semitism in Enforcing Laws," is hereby created in Chapter 2 "Administration," Article IV "Officers and Employees," Division 2 "Police," of the Code of Bal Harbour Village, Florida, to read as follows: DIVISION 2 "POLICE" Sec. 2-112. - Consideration of Anti-Semitism in Enforcing Laws. (a) For purposes of this section, the term `definition of anti-Semitism' includes the following: (1) Anti-Semitism is a certain perception of Jews, which may be expressed as hatred toward Jews. Rhetorical and physical manifestations of anti-Semitism are directed toward Jewish or non-Jewish individuals or their property, or toward Jewish community institutions and religious facilities. (2) Examples of anti-Semitism include: a. Calling for, aiding, or justifying the killing or harming of Jews (often in the name of a radical ideology or an extremist view of religion); ' Additions to existing Village Code text are shown by underline; deletions from existing Village Code text are shown by Page 2 b. Making mendacious, dehumanizing, demonizing, or stereotypical allegations about Jews as such or the power of Jews as a collective— especially, but not exclusively, the myth about a world Jewish conspiracy or of Jews controlling the media, economy, government or other societal institutions; c. Accusing Jews as a people of being responsible for real or imagined wron!doin! committed by a sinGle Jewish person or group, the state of Israel, or even for acts committed by non-Jews; d. Accusing the Jews as a people, or Israel as a state, of inventing or exaG!G!eratinG! the Holocaust; or e. Accusing Jewish citizens of beim more loyal to Israel, or to the alleged priorities of Jews worldwide, than to the interest of their own nations. (3) Examples of anti-Semitism related to Israel include: a. Demonizing Israel by using the symbols and images associated with classic anti-Semitism to characterize Israel or Israelis, drawing comparisons of contemporary Israeli policy to that of the Nazis, or blaming Israel for all inter-religious or political tensions; b. Applying a double standard to Israel by requiring behavior of Israel that is not expected or demanded of any other democratic nation, or focusing peace or human rights investigations only on Israel; or c. DeleGitimizin! Israel by denying the Jewish people their right to self-determination, and denying Israel the right to exist. Page 3 d. However, criticism of Israel similar to that levied against any other country cannot be regarded as anti-Semitic. (b) In investiG!atinG! whether there has been a violation of law, the Bal Harbour Police Department shall take into consideration the definition of anti-Semitism for purposes of determining whether the alleged violation was motivated by anti-Semitic intent, consistent with the federal and state statutes prohibiting hate crimes. (c) Nothing in this section may be construed to diminish or infringe upon any right protected under the First Amendment to the Constitution of the United States, or the State of Florida's Constitution. Nothing in this section may be construed to conflict with Federal or State discrimination laws. Section 3. Severability. That the provisions of this Ordinance are declared to be severable and if any section, sentence, clause or phrase of this Ordinance shall for any reason be held to be invalid or unconstitutional, such decision shall not affect the validity of the remaining sections, sentences, clauses and phrases of this Ordinance but they shall remain in effect, it being the legislative intent that this Ordinance shall stand notwithstanding the invalidity of any part. Section 4. Inclusion in the Code. That it is the intention of the Village Council, and it is hereby ordained that this Ordinance shall become and made part of the Village Code; that the sections of this Ordinance may be renumbered or relettered to accomplish such intention; and that the word "Ordinance" shall be changed to "Section" or other appropriate word. Page 4 Section 5. Conflict. That all sections or parts of sections of the Village Code, all ordinances or parts of ordinances and all resolutions or parts of resolutions in conflict with this Ordinance are repealed to the extent of such conflict. Section 6. Sections Reserved. That Sections 2-113 through 2-125 are hereby reserved. Section 7. Effective Date. That this Ordinance shall be effective immediately upon adoption on second reading. PASSED AND ADOPTED on first reading this __ day of , 2017. PASSED AND ADOPTED on second reading this day of _, 2017. Mayor Gabriel Groisman ATTEST: Dwight S. Danie, Village Clerk APPROVED AS TO FORM AND LEGAL SUFFICIENCY: Village Attorney Weiss Serota Helfman Cole 8t Bierman, P.L. Page 5 EXHIBIT June 8, 2010 Fact Sheet Issued by the Special Envoy to Monitor and Combat Anti-Semitism of the U. S. Department of State Page 6