[{"_1":2,"_99":-5,"_100":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,75,87],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},"mediaId",6634521,"mediaKeyId","2663882-9a82a97163f88cf86c23a38d57da71ef","parentId",2663882,"title","Boca Raton council previews interim agreement, space study for downtown government campus; staff says recreation facilities will be replaced","audioSeconds",400,"startMs",1360000,"endMs",1760000,"viewUrl","/Search/View?dp=1&key=2663882-9a82a97163f88cf86c23a38d57da71ef&start=1360&end=1760","thumbnailUrl","https://assets.pipeline.soar.com/2663882-9a82a97163f88cf86c23a38d57da71ef/thumbnail_1360000.jpg","articleUrl","/articles/6634521/Boca-Raton/Palm-Beach-County/Florida/Boca-Raton-council-previews-interim-agreement-space-study-for-downtown-government-campus-staff-says-recreation-facilities-will-be-replaced","mediaUrl","https://secure.pipeline.soar.com/6634521-7bc70a77895d0a2a4bf87425518bcf94/orig.mp4?Expires=1771143939&Signature=hd1UzDcmtIkK4PIk1I1XBC4LOYLZBWjVFW0xXFrDYpiJoeRwq8NnKK-5C3CimeHYFhFr4ObMVmL3S~aaeDFy-43hs2qNJIARH~aNwOQKzi-xVl1RmLZTMrzVafTrv5YhGwwMEe4dle0dpjKJuS4N3JYIwairWIriClSvkmm8hrdu38CpfLybInrDCtrcdUctSCf1q7-Ljq1AWrdFJZ6EuCSQYnNiax0eBiAByqWz8g9Cm0pVFg15yKjCj5iqPcFpKRjUddv~exklxPurawrkwpj36u6l~yxrdDVb6nX1qQfe2Qwv2beuqnWr1Hb3~O5hY8TS10ULWdDNV2CXTQPXng__&Key-Pair-Id=KUT5TJCACFTXG","author","Boca Raton","date","2025-03-17T13:50:00Z","article","City staff told the Boca Raton City Council on March 17 that an interim agreement with the project's private partner will define roles, responsibilities and timelines as the city moves toward a master partnership agreement for the proposed downtown government campus.

The update came from a city staff member, Mr. Lukasick, who said staff is meeting weekly with CBRE and the partner and is “working on developing our action plans, planning next steps, giving updates” as the team prepares an interim agreement to be considered the following day. Lukasick said the interim contract will set the path toward a revised conceptual plan — an “interim master plan” — and will include a schedule for public engagement before the developer returns with changes to the concept.

The matter matters because the interim agreement will frame the process for designing the campus, selecting which city functions will be located there, and how the city will involve residents in planning. Council members and staff spent much of the meeting clarifying whether the campus would be a short-term temporary location for municipal offices, a permanent relocation of many services, or some combination of both.

Councilmember Wicker urged the council not to treat the move as purely temporary and asked for a cost–benefit analysis that would include long-term options if construction estimates make keeping more services downtown expensive. “We’re still evaluating what’s actually going to happen there,” Wicker said, asking staff and CBRE to include long-term leasing or relocation alternatives in the feasibility work. A separate speaker — identified in the record as Mr. Thompson — said he would “keep an open mind” but agreed feasibility numbers should drive decisions.

Mayor Scott Singer and other council members described a shared, conceptual baseline: core public-facing functions — such as council chambers, public meeting spaces, some clerk functions and other services tied directly to in-person meetings — should remain part of the downtown campus. Staff said it has been planning for a reduced core footprint compared with earlier estimates: initial discussions referenced about 162,000 square feet, which staff later refined to roughly 80,000–85,000 square feet for core downtown functions. Lukasick said staff will also try to use sensors and operational studies while occupying temporary space to better understand actual space needs before finalizing the master plan.

CBRE is participating in the evaluation and outreach. Councilmembers encouraged leveraging private-sector partners and potential landlords to provide conceptual space plans and help identify temporary or permanent office locations. “CBRE is a partner with us in that as well,” Lukasick said.

Public speakers during the council meeting pressed the city to plan for recreation replacements tied to the redevelopment. Mayor’s staff and Mr. Brown, a city staff member who addressed recreation matters, told the council the city intends to replace softball fields removed from the current Memorial Park location at Sugar Sand Park and to replace downtown tennis courts and the skate park. Brown said the softball replacement at Sugar Sand Park could include three or perhaps four fields “with a clubhouse.” He also said the skate park would be modernized and that staff is exploring a North Park location on the west side of Second Avenue in coordination with the Beach and Park District; he acknowledged there may be a period when a temporary skate facility is not available during construction.

Resident Judy Morrow urged the council to preserve the Boca Raton Tennis Center at 271 Northwest Boca Raton Boulevard and said she brought more than 250 signed petitions asking the city to keep the facility in place. Mr. Brown replied that the city’s plan is to “replace what we have” and that tennis replacement could be partially downtown. Skate park advocates said any permanent removal of the Tim Huxold skate park should be followed by construction of a modern, free, publicly accessible facility.

Councilmembers repeatedly urged staff to proceed with detailed feasibility analysis, to be transparent about which services are assumed to remain downtown, and to keep public outreach active as the interim agreement and revised concept plan are developed. Lukasick said the interim agreement before the council will establish roles and timelines and allow formation of work groups to address components of the master partnership agreement.

For now, the council left the project open to further analysis and refinement. Staff will present the interim agreement for formal consideration at the next meeting, and public engagement will continue before a revised conceptual plan is returned by the partner.","mediaType","Video","parentTitle","Boca Raton - City Council Workshop - Mar 17, 2025","oneSentenceSummary","City staff said an interim agreement with developer Terra Frisbie and CBRE will set roles, responsibilities and timelines as the city moves toward a master partnership agreement for the downtown government campus.","taxTitle","Boca Raton, Palm Beach County, Florida","taxId",3932,"location","headline","","shortSummary",{"_33":76,"_35":36,"_37":38,"_39":77,"_41":78,"_43":79,"_45":80,"_47":81,"_49":82,"_51":83,"_53":84,"_55":56,"_57":58,"_59":85,"_61":62,"_63":64,"_65":86,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6634513,"Resident urges Boca Raton to create cyber-police capability; requests funding and volunteer support",254,773000,1027000,"/Search/View?dp=1&key=2663882-9a82a97163f88cf86c23a38d57da71ef&start=773&end=1027","https://assets.pipeline.soar.com/2663882-9a82a97163f88cf86c23a38d57da71ef/thumbnail_773000.jpg","/articles/6634513/Boca-Raton/Palm-Beach-County/Florida/Resident-urges-Boca-Raton-to-create-cyber-police-capability-requests-funding-and-volunteer-support","https://secure.pipeline.soar.com/6634513-dad432f37603bd97366aecd9473fe394/orig.mp4?Expires=1771143939&Signature=M50G86BDIjjQkGuPZudgHWGyFWbuL~SKqc48Uu3W4rE9JmiShESTw0dGmjhesCfCIbgre~NYxcrA59F8HsxBMwOr2SrSrSlP5Bn7HJKUcK0Jd0I95fDHNxFsTEPW8LLSHYagGzAj8VRcVnK~QGwYc7rLu6Za3Swfmf9m74GnGzvvhpRYzqbEI9qIEVRz2g5vyOdTXPBRbViTwVnGS7C0DrzWlEE~4J4VPueJMyClh3beTwhtsW1eDHSCKu61JU52RhMh5vFk4oC4ixzvzYKyNFSAwcQsQMRiPQZRSrS0DOLTvA3uiMKZkho3J~T6riAOACNT719Ey9pz0Q2WX-ra5w__&Key-Pair-Id=KUT5TJCACFTXG","During the public-request portion of the March 17 meeting, resident Anastasia Colas urged the council to support creation of a specialized cyber-police capability to investigate and respond to cybercrime.

Colas said she is willing to establish a volunteer or paid cyber-police unit but asked the city to provide funding for transportation, equipment and training. She told the council there are “DNS corruption” incidents in the Boca Raton area and raised concerns about local police capacity to investigate attacks on infrastructure and supply chains. Colas said she had collected over 50 signatures supporting her proposal and requested funding; she referenced a funding need of “$700,000” as an example of possible costs for equipment and support.

The council did not act on the proposal during the meeting. Staff allowed Colas the timed public comment period and did not indicate that the city had committed funds or policy toward the formation of such a unit. No staff report, budget request, or directive to prepare an ordinance or study was recorded on the meeting record.

Colas also suggested the cyber capability could generate revenue by helping address cyber risk and assisting development, but council members did not commit to further steps during the meeting. Other residents who spoke at the meeting addressed redevelopment, recreation and infrastructure; councilmembers said staff would follow up on public-request items as appropriate.","A resident told council she has proposed forming a cyber-police unit to address cybercrime and sought support for transportation, equipment and training costs. Council did not take action; staff noted public-request procedures and referred the item for follow-up.",{"_33":88,"_35":36,"_37":38,"_39":89,"_41":90,"_43":91,"_45":92,"_47":93,"_49":94,"_51":95,"_53":96,"_55":56,"_57":58,"_59":97,"_61":62,"_63":64,"_65":98,"_67":68,"_69":70,"_71":68,"_72":73,"_74":73},6634516,"City treasurer reports strong fiscal-year 2024 investment returns; portfolio remains compliant with state law",385,3517000,3902000,"/Search/View?dp=1&key=2663882-9a82a97163f88cf86c23a38d57da71ef&start=3517&end=3902","https://assets.pipeline.soar.com/2663882-9a82a97163f88cf86c23a38d57da71ef/thumbnail_3517000.jpg","/articles/6634516/Boca-Raton/Palm-Beach-County/Florida/City-treasurer-reports-strong-fiscal-year-2024-investment-returns-portfolio-remains-compliant-with-state-law","https://secure.pipeline.soar.com/6634516-1d075b67bb51ec103ab9776dc2e58482/orig.mp4?Expires=1771143939&Signature=N143UEjTNbgLNbWXxFAquXsKSKfFFf2k-N6hXLRbjk3RPWyK0IcTUUcEkMJUR0MYh-tiEbdRL45e0zDKwiENayc10lspgbEt7bfrYhiop~y3mdwTqc9Nxaow0x0QgEr3iioSlpbAD3JWlEiGoseHvujpEF9ijK3hpzXiSLPzxobZfmJj-Ne1z~ltged6TV7oyp5mtLMrVTo8v-h3~DDQpyYovezSfr0Ud8DeFTlOrd4ojXD-0FmH3rAEtCDDgwE77KQzpIBUF7IAF~JGpJTmKg1DASOa8E70OTDHerOn2WlUGzsvH4d8hXKKceVrbVxKQhyqtwGA1SsZvV2TlgQixg__&Key-Pair-Id=KUT5TJCACFTXG","The Boca Raton City Council received the city’s annual investment report for fiscal year 2024 on March 17, with Treasury Manager Conahan reporting a 4.28% amortized return for the portfolio measured Oct. 1, 2023 through Sept. 30, 2024.

Conahan told the council the city’s investment policy — most recently updated in September — and Florida law (Florida Statute Chapter 218, Part IV) guide the portfolio. He said the city stayed within its policy allocation limits and that the portfolio’s composition favored longer-duration fixed-income, particularly U.S. government-sponsored enterprise securities, during the fiscal year.

Conahan explained staff’s approach: for fiscal 2024 the city increased holdings with 3–5 year maturities and purchased “bullet investments” intended to lock in yields for multiple years amid uncertain Federal Reserve decisions. He said the portfolio’s total return benefited from unrealized gains at the Sept. 30 measurement point because yields had been declining late in the fiscal year.

“As of Sept. 30, we achieved very strong returns for fiscal year 2024,” Conahan said, noting the 4.28% amortized return versus 3.09% the prior year. He cautioned the council that market sentiment shifted after the measurement date and that current-year yields were lower than the FY24 peak.

Councilmembers asked questions about where the city holds money and whether the portfolio includes international investments. Conahan said the city uses a third-party custodian and that money-market funds held temporarily in the custodian account are currently with the principal bank. He clarified the report covers city-held investments (general fund, utilities and other non-pension assets) and does not include pension assets, which are governed by separate pension boards and policies.

When asked about foreign holdings, Conahan said the city’s policy permits Israel bonds and that outside of a small position in Israel bonds the city’s investable holdings are domestically focused fixed-income; the report contains no equities from the city portfolio. He added that corporate bond names may reflect U.S.-based financing affiliates of multinational firms (for example, Toyota Motor Credit Corporation), which are not foreign-issued debt in the portfolio.

Councilmember Wicker asked staff to provide more-detailed holdings information; staff and the Financial Advisory Board have already reviewed the detailed positions, and staff said it would make the more granular report available to council members on request.

No action was taken; the presentation was informational and the city retains existing investment guidelines while continuing to monitor interest-rate and market developments.","Treasury Manager presented the city's annual investment report for FY 2024, citing an amortized return of 4.28% and compliance with Florida Statute Chapter 218 part 4 and the city's investment policy; council asked for more details on holdings and non-pension allocations.","actionData","errors"]

Article not found

Boca Raton council previews interim agreement, space study for downtown government campus; staff says recreation facilities will be replaced

Resident urges Boca Raton to create cyber-police capability; requests funding and volunteer support

City treasurer reports strong fiscal-year 2024 investment returns; portfolio remains compliant with state law