“Local Option” Financial
Disclosure
Presentation to:
Board of County Commissioners
November 27, 2007
Background
• Full and Public Disclosure of
Financial Interests (Form 6)
- Elected positions and candidates
for those offices,
- Including the Governor and
Cabinet, Members of the
Legislature, Judges, County
Commissioners and Constitutional
Officers
Background
• Statement of Financial Interests (Form 1)
– Elected positions that don’t file Form 6
– Appointed board members, excluding
solely advisory boards
– Certain state, county and municipal
employees
– Appointed board members required to
file by local option
Local Option
• Ethics Commission determination
• Boards required to file removed from
list unless, by December 31, 2007, the
Board exercises its “local option” to
require such filing
• Accomplished by resolution or
ordinance
Special Purpose County Entities
• Civic Facilities Authority
• Industrial Development Authority
• Research & Development Authority
• Health Facilities Authority
• Educational Facilities Authority
Special Purpose County Entities
Civic Facilities Authority (CFA)
• Dependent special district created by
special act of the legislature in 1971
• Once owned and operated the Citrus Bowl
• Few powers
• No ability to authorize transactions
exceeding $25,000 without consent of the
Board
Special Purpose County Entities
Civic Facilities Authority (CFA)
• Eleven Members are appointed by the Board:
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Mickey R.E. Barkett
Kimberly A. Bowles
Daniel F. Dill
Mark Palmer Kirkham
Douglas Stanton Metcalf
Cindi D. Price
Marilyn Anne Ustler McQueen
Dorothy D. Wynn
3 vacant positions
Special Purpose County Entities
Civic Facilities Authority (CFA)
• Now given staff support by and in CAFR of
City of Orlando
• Only outstanding bonds mature in 2010
• Community Venues Interlocal provides for
dissolution once bonds have matured
• Staff does not recommend exercising the
local option
Special Purpose County Entities
Industrial Development Authority (IDA)
• Chapter 159, Part II, Florida Statutes
• Established in 1979 by resolution of the Board
• Assists in financing capital projects which
foster economic development in the County
Special Purpose County Entities
Industrial Development Authority (IDA)
• Five Members are appointed by the Board:
– Gina Edwards Dole
– Sylvia Dunlap
– Laura P. Guitar
– Tanya Teresa Juarez
– Francois Didier Menard
Special Purpose County Entities
Industrial Development Authority (IDA)
• Conduit issuer of industrial development
revenue bonds
• Paid off by corporate borrowers
• Bonds come through Board for approval
• Do not obligate any County or IDA funds
• No assets or liabilities
• Local option may be exercised by adoption
of an amending resolution
Special Purpose County Entities
Research & Development Authority (RDA)
• Created pursuant to Chapter 159, Part V,
Florida Statutes
• Ordinance No. 80-13
Special Purpose County Entities
Research & Development Authority (RDA)
• Nine Members; 8 appointed by the Board
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Mercedes J. Gomez
Brenda Kay Jackson
Vanessa A. Littleton
Leo Mendez
Brian John Morris
Commissioner Bill Segal
Dr. Marion J. Soileau
UCF President or Designee (ex-officio)
1 vacancy
Special Purpose County Entities
Research & Development Authority (RDA)
• Operates the Central Florida Research Park in
conjunction with the Board and UCF
• Budget and any revenues bonds which it
might issue must be approved by the Board
• Local option may be exercised by amending
Ordinance 80-13
Special Purpose County Entities
Health Facilities Authority (HFA)
• Created pursuant to Chapter 154, Part III,
Florida Statutes
• County Ordinance 77-13
Special Purpose County Entities
Health Facilities Authority (HFA)
• Five Members appointed by the Board
– John J. Coffey
– William A. Forness, Jr.
– Neil R. Newberg
– Elese C. Sanford
– Peter Donovan Taylor
Special Purpose County Entities
Health Facilities Authority (HFA)
• Conduit issuer of revenue bonds which finance
health care facilities
• No assets or liabilities
• Bonds must receive TEFRA approval by the Board
• Was not mentioned in recent notices from Ethics
Commission
• Already removed from Commission’s list
• Local option may be exercised by amending
Ordinance 77-13
Special Purpose County Entities
Educational Facilities Authority (EFA)
• Created pursuant to Chapter 243, Part I,
Florida Statutes
• County Ordinance 96-7
Special Purpose County Entities
Educational Facilities Authority (EFA)
• Seven Members appointed by the Board
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Derek B. Brett
Sylvia Dunlap
Kevin J. Filer
Carmen L. Lamboy
Marni F. Stahlman
Elizabeth Sterchi
1 vacant position
Special Purpose County Entities
Educational Facilities Authority (EFA)
• Conduit issuer of revenue bonds
• TEFRA approval by Board
• No assets or liabilities
• Local option may be exercised by amending
Ordinance 96-7
Special Purpose County Entities
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Future Action- Return to Board in December
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Amending Resolutions (CFA & IDA)
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Amending Ordinances (RDA, HFA & EDA)
Recommended Action
1. Approval of a motion not to exercise the
Board’s local option to require financial
disclosure by members of the Orange County
Civic Facilities Authority
2. Approval of a motion directing staff whether
to exercise the Board’s local option to require
financial disclosure by members of Orange
County’s Industrial Development Authority,
Research & Development Authority, Health
Facilities Authority and Educational Facilities
Authority
“Local Option” Financial
Disclosure
Presentation to:
Board of County Commissioners
November 27, 2007