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Backup Documents 02/08/2022 Item #16K6 ORIGINAL DOCUMENTS CHECKLIST & ROUTING SLIP K 6 TO ACCOMPANY ALL ORIGINAL DOCUMENTS SENT TO THE BOARD OF COUNTY COMMISSIONERS OFFICE FOR SIGNATURE Print on pink paper. Attach to original document. The completed routing slip and original documents are to be forwarded to the County Attorney Office at the time the item is placed on the agenda. All completed routing slips and original documents must be received in the County Attorney Office no later than Monday preceding the Board meeting. ** ROUTING SLIP** Complete routing lines#1 through#2 as appropriate for additional signatures,dates,and/or information needed. If the document is already complete with the exception of the Chairman's signature,draw a line through routing_lines#1 through#2,complete the checklist,and forward to the County Attorney Office. Route to Addressee(s) (List in routing order) Office Initials Date 1. 2. 3. County Attorney Office County Attorney Office JAK 2/8/22 4. BCC Office Board of County wn byne. 1st 2/4I Zz Commissioners 5. Minutes and Records Clerk of Court's Office fC '?h5 I) 4Qat PRIMARY CONTACT INFORMATION Normally the primary contact is the person who created/prepared the Executive Summary. Primary contact information is needed in the event one of the addressees above may need to contact staff for additional or missing information. Name of Primary Staff Wanda Rodriguez,ACP Phone Number 252-8123 Contact/Department Office of the County Attorney Agenda Date Item was 2/8/22 ✓ Agenda Item Number 16-K-4 I.- Approved by the BCC Type of Document(s) Resolution-Health Facilities Authority Number of Original one Attached revenue bonds ✓ Documents Attached PO number or account N/A number if document is to be recorded `? INSTRUCTIONS & CHECKLIST Initial the Yes column or mark"N/A"in the Not Applicable column,whichever is Yes N/A(Not appropriate. (Initial) Applicable) 1. Does the document require the chairman's original signature(instead of stamp)? N/A 2. Does the document need to be sent to another agency for additional signatures? If yes, N/A provide the Contact Information(Name;Agency;Address; Phone)on an attached sheet. 3. Original document has been signed/initialed for legality. (All documents to be signed by JAK the Chairman,with the exception of most letters,must be reviewed and signed by the Office of the County Attorney.) 4. All handwritten strike-through and revisions have been initialed by the County Attorney N/A Office and all other parties except the BCC Chairman and the Clerk to the Board. 5. The Chairman's signature line date has been entered as the date of BCC approval of the JAK document or the final negotiated contract date whichever is applicable. 6. "Sign here"tabs are placed on the appropriate pages indicating where the Chairman's JAK signature and initials are required. 7. In most cases(some contracts are an exception),the original document and this routing slip N/A should be provided to the County Attorney Office at the time the item is uploaded to the agenda. Some documents are time sensitive and require forwarding to Tallahassee within a certain time frame or the BCC's actions are nullified. Be aware of your deadlines! 8. The document was approved by the BCC on 2/8/22 and all changes made during the JAK N/A is not meeting have been incorporated in the attached document. The County Attorney an option for Office has reviewed the changes,if applicable. this line. 9. Initials of attorney verifying that the attached document is the version approved by the ��/ N/A is not BCC,all changes directed by the BCC have been made,and the document is ready for the �ID�/,,J an option fot Chairman's signature. �'71 this line. ** Please cc resolution to Donald Pickworth,Don(a,DappaLaw.com** I:Forms/County Forms/BCC Forms/Original Documents Routing Slip WWS Original 9.03.04;Revised 1.26.05;2.24.05;11/30/12;4/22/16;9/10/21 16K6 Ann P. Jennejohn From: Ann P.Jennejohn Sent: Thursday, February 10, 2022 9:17 AM To: RodriguezWanda Subject: Resolution 2022-029 Attachments: Resolution 2022-029.pdf Good Morning Wanda, Please see the attached Resolution For your records. Thavtk you. Ann Jennejohn 13MR Senior Deputy Clerk II l Ylt:kr Clerk to the Value Adjustment Board Office: 2347-252-8406 Fax: 23R-252-8408 (if applicable) Ann.Jennejohn@CollierClerk.com may. ,�� If Office of the Clerk of the Circuit Court ��. & Comptroller of Collier County 32q Tawiavni Trail, Suite #401 Naples, FL 34112-5324 www.CollierClerk.cow i 1 6K Ann P. Jennejohn From: Ann P.Jennejohn Sent: Thursday, February 10, 2022 9:19 AM To: 'Don Pickworth' Subject: Resolution - Health Facilities Authority Revenue Bonds Attachments: Resolution 2022-029.pdf Good Morning Don, Please see the attached Resolution, adopted by the 13CC ovt February 8, 2022, for your records. Thank you! Ann Jennejohn I3MR Senior Deputy Clerk II �,„ Clerk to the Value Adjustment Board ,,�'(` =; Office: 23q-252-8406 Fax: 239-252-8408 (if applicable) Am.JertigejoGuA@CollierClerk.com Office of the Clerk of the Circuit Court & Comptroller of Collier County 3299 Tawiawti Trail, Suite #401 Naples, FL 34112-5324 www.CollierClerk.com 16K 6 RESOLUTION NO. 2022- 29 A RESOLUTION OF THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY,FLORIDA APPROVING THE ISSUANCE AND SALE OF HEALTH FACILITY REVENUE BONDS BY THE COLLIER COUNTY HEALTH FACILITIES AUTHORITY,AS REQUIRED BY SECTION 147(0 OF THE INTERNAL REVENUE CODE,AS AMENDED; PROVIDING FOR OTHER RELATED MATTERS,AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the Collier County Health Facilities Authority (the "Authority") is a body corporate and politic of Collier County,Florida created by Collier County Ordinance No. 79-95 duly adopted by the Board of County Commissioners (the "Board") on November 20, 1979 pursuant to Part III of Chapter 154, Florida Statutes, as amended, (the "Act") with the power to issue revenue bonds for the purposes of financing a"project" as defined in the Act; and WHEREAS,The Moorings, Incorporated, a Florida not for profit corporation,with certain facilities located within the boundaries of Collier County,Florida(the"Borrower")has requested the Authority to issue its revenue bonds as described below for the benefit of the Borrower and to loan all or a portion of the proceeds thereof to the Borrower for the purposes set forth herein; and WHEREAS, the Authority caused notice of a public hearing to consider approval of the Bonds and the location and nature of the project to be published on or before January 13, 2022, in the Naples Daily News a newspaper of general circulation in the County,and a copy of said notice is attached as Exhibit A to the Authority Resolution as described below(the "Notice"); and WHEREAS,on January 25,2022 a public hearing was held by the Authority with regard to the issuance of the Authority's Health Facility Revenue Bonds as more particularly described in the Authority Resolution in an aggregate principal amount not to exceed$60,000,000,at the conclusion of which hearing the Authority adopted the Resolution attached hereto as Exhibit A(the"Authority Resolution"); and WHEREAS, the proceeds of the Bonds will be used by the Authority make a loan to Borrower to (i) reimburse itself for capital expenditures incurred in connection with the existing continuing care facilities owned and operated by the Borrower and located at 7410 Little Lane, Naples, Florida (the "Project") and (ii) pay costs associated with the issuance of the Bonds; and WHEREAS,the Bonds will not be an obligation of the County, and will be payable solely from funds of the Borrower; and WHEREAS, pursuant to the requirements of the Internal Revenue Code of 1986, as amended(the "Code"), as a prerequisite to the issuance of the Bonds, it is necessary that the Board of County Commissioners of Collier County, Florida approve the issuance thereof after said public hearing; and WHEREAS, the Board of County Commissioners desires to evidence approval of the issuance of the Bonds solely to satisfy the requirements of the Code. NOW, THEREFORE, be it resolved by the Board of County Commissioners of Collier County, Florida that: 1 6K o Section 1. Approval of Issuance of the Bonds. This Board hereby approves the issuance of the Bonds by the Authority for the purposes described in the Notice pursuant to Section 147(f)of the Code. The Bonds shall not constitute a debt,liability or obligation of Collier County,the Board,any officer, agent or employee of Collier County, the State of Florida or any political subdivision thereof, but shall be payable solely from the revenues provided therefor, and neither the faith and credit nor any taxing power of Collier County or the State of Florida or any political subdivision thereof is pledged to the payment of the principal of,premium,if any,and interest on the Bonds.No member of the Board or any officer or employee thereof shall be liable personally on the Bonds by reason of their issuance. This approval shall in no way be deemed to abrogate any regulations of Collier County for any portions or aspects of the Project within the regulatory jurisdiction of Collier County. The Project shall be subject to all such regulations, including, but not limited to, the Collier County Growth Management Plan and all concurrency requirements contained therein and the Collier County Land Development Code. Section 2. Severability. If any section,paragraph,clause or provision of this Resolution shall be held to be invalid or ineffective for any reason, the remainder of this Resolution shall continue in full force and effect, it being expressly hereby found and declared that the remainder of this Resolution would have been adopted despite the invalidity or ineffectiveness of such section, paragraph, clause or provision. Section 3. Effective Date. This Resolution shall take effect immediately upon its adoption, and any provisions of any previous resolutions in conflict with the provisions hereof are hereby superseded. THIS RESOLUTION ADOPTED after motion, second, and majority vote favoring the same this 8th day of February, 2022. ATTEST: BOARD OF COUNTY COMMISSIONERS Crystal K.ISirveflptivk of Courts COLLIER � COC -a 'IDA OP, yr '; , , Ot . By: � o ;I; Wil;. L. McDaniel, Jr., Chair . Attest as i . s I R. ur :Q4. `. `tc , Appr• ei.s • '4 rm and legality: Jeffrey ' . Kl. •kow, County Attorney Exhibit "A" 1 6 K L V • RESOLUTION NO. 2022-03 AN INDUCEMENT RESOLUTION OF THE COLLIER COUNTY HEALTH FACILITIES AUTHORITY REGARDING OFFICIAL ACTION OF THE AUTHORITY WITH RESPECT TO THE PROPOSED ISSUANCE BY THE AUTHORITY OF ITS RESIDENTIAL CARE FACILITY REVENUE BONDS (THE MOORINGS, INCORPORATED) SERIES 2021 IN ONE SERIES IN A PRINCIPAL AMOUNT NOT TO EXCEED $60,000,000 FOR THE PRINCIPAL PURPOSE OF MAKING A LOAN TO THE MOORINGS, INCORPORATED (THE "BORROWER") THE PROCEEDS OF WHICH WILL BE USED BY THE BORROWER TO REIMBURSE ITSELF FOR CAPITAL EXPENDITURES INCURRED IN CONNECTION WITH THE EXISTING CONTINUING CARE FACILITIES OWNED AND OPERATED BY THE BORROWER AND LOCATED AT 7410 LITTLE LANE, NAPLES, FLORIDA AND TO PAY COSTS OF THE FINANCING TRANSACTION; AND PROVIDING FOR RELATED MATTERS. WHEREAS, The Moorings, Incorporated, a Florida corporation not-for-profit (the "Borrower")has applied to the Collier County Health Facilities Authority(the"Authority")for the issuance by the Authority of its revenue bonds in the principal amount of not to exceed $60,000,000 (the "Bonds") for the principal purpose of financing a loan by the Authority to the Borrower the proceeds of which will be used by the Borrower to (i) reimburse itself for capital expenditures incurred in connection with the existing continuing care facilities owned and operated by the Borrower and located at 7410 Little Lane,Naples,Florida(the "Project")and(ii)pay costs associated with the issuance of the Bonds; and WHEREAS,the Borrower has requested that the Authority loan the proceeds of the Bonds to the Borrower pursuant to Chapter 154,Part III and Chapter 159,Part II,Florida Statutes,or such other provision or provisions of Florida law as the Authority may determine advisable(the "Act") in order to accomplish the foregoing purposes; and WHEREAS, the issuance of the Bonds and the loaning of the proceeds thereof to the Borrower to finance the costs of the Project under loan or other financing agreements, the terms of which will provide that payments thereunder will be at least sufficient to pay the principal of and interest and redemption premium, if any, on the Bonds and such other costs in connection therewith as may be incurred by the Authority, will assist the Borrower and promote the public purposes provided in the Act;and WHEREAS, in order to satisfy certain of the requirements of Section 147(f)of the Internal Revenue Code of 1986, as amended (the "Code"), the Authority did on the date hereof hold a public hearing on the proposed issuance of the Bonds for the purposes herein stated,which date is at least seven days following the publication of notice of such public hearing in a newspaper of general circulation in Collier County, Florida (the "County") and which public hearing was conducted in a manner that provided a reasonable opportunity for persons with differing views to AUTHORITY RESOLUTION (Exhibit A to County Resolution) K6 be heard, both orally and in writing, on the issuance of the Bonds and the location and nature of the Project and of the facilities financed with the proceeds of the Refunded Bonds, as more particularly described in the notice of public hearing attached hereto as Exhibit A; and WHEREAS, it is intended that this Resolution shall constitute official action toward the issuance of the Bonds within the meaning of the applicable United States Treasury Regulations; NOW, THEREFORE, BE IT RESOLVED BY THE COLLIER COUNTY HEALTH FACILITIES AUTHORITY, THAT: SECTION 1. AUTHORITY FOR THIS RESOLUTION. This Resolution is adopted pursuant to the provisions of the Act and other applicable provisions of law. SECTION 2. PRELIMINARY STATEMENT.This Resolution is entered into to provide an expression of intention by the Authority,prior to the issuance of the Bonds,to issue and sell the Bonds and make the proceeds thereof available for such purposes, all in accordance with and subject to the provisions of the Act,the Constitution and other laws of the State of Florida and the laws of the United States of America, including the Code, and this Resolution, but subject in all respects to the terms of the Preliminary Agreement for the Issuance of Revenue Bonds,to be dated of even date herewith,to be entered into between the Authority and the Borrower(the"Preliminary Agreement"). The Chairman and the Vice-Chairman,or in their absence any other member of the Authority,are hereby authorized to execute the Preliminary Agreement on behalf of the Authority. SECTION 3. APPROVAL OF THE FINANCING. The financing of the costs of the Project by the Authority through the issuance of the Bonds,pursuant to the Act, will promote the health and welfare of the citizens of the County, will promote the general economic structure of the County, and will thereby serve the public purposes of the Act and is hereby preliminarily approved, subject, however,in all respects to the Borrower meeting the conditions set forth in the Preliminary Agreement to the sole satisfaction of the Authority. SECTION 4. AUTHORIZATION OF THE BONDS. There is hereby authorized to be issued and the Authority hereby determines to issue the Bonds, if so requested by the Borrower and subject in all respects to the conditions set forth in the Preliminary Agreement,in an aggregate principal amount not to exceed$60,000,000 for the principal purpose of financing the costs of the Project. The rate of interest payable on the Bonds shall not exceed the maximum rate permitted by law. SECTION 5. GENERAL AUTHORIZATION.The Chairman and the Vice-Chairman,or in their absence any other member of the Authority,are hereby further authorized to proceed,upon execution of the Preliminary Agreement,with the undertakings provided for therein on the part of the Authority and are further authorized to take such steps and actions as may be required or necessary in order to cause the Authority to issue the Bonds subject in all respects to the terms and conditions set forth in the Preliminary Agreement authorized hereby. SECTION 6. OFFICIAL ACTION. This resolution is an official action of the Authority toward the issuance of the Bonds, in accordance with the purposes of the laws of the State of Florida and the applicable United States Treasury Regulations. 2 16K 6 SECTION 7. LIMITED OBLIGATIONS. The Bonds and the interest thereon shall not constitute an indebtedness or pledge of the general credit or taxing power of the County,the State of Florida or any political subdivision or agency thereof but shall be payable solely from the revenues pledged therefor pursuant to one or more loan or other financing agreement(s) to be entered into between the Authority and the Borrower prior to or contemporaneously with the issuance of the Bonds. The Authority has no taxing power. SECTION 8. LIMITED APPROVAL. The approval given herein shall not be construed as an approval or endorsement of approval of any necessary rezoning applications nor for any other regulatory permits relating to the Project and the Authority shall not be construed by reason of its adoption of this resolution to have waived any right of the County or estopping the County from asserting any rights or responsibilities it may have in that regard. SECTION 9. EFFECTIVE DATE. This Resolution shall take effect immediately. ADOPTED this 25th day of January 2022. A rl'EST: COLLIER COUNTY HEALTH FACILITIES AUTHORITY By:4.0 , , / By: Assistant 'f retary Chairman 3 l 6K 6 EXHIBIT A TO RESOLUTION AFFIDAVIT OF PUBLICATION OF NOTICE OF PUBLIC HEARING I6K6 PART OF THE USATOOAY NETWORK Published Daily Naples,FL 34110 MARK E.RAYMOND 8416 MAN 0 WAR ROAD NOTICE OF SPECIAL MEETING AND PUBUC HEARING PALM BEACH GARDENS,FL 33418 Notice is hereby given that the Collier County Health Facilities Authority (the Authority') will conduct a special meeting and public hearing on January 25.2022, at 8:30 a.m. In the County Manager's Conference Room, Second Floor, Suite 202.Building Affidavit of Publication F.Collier County Government Center. 3299 East Tamiami Trail, Naples,Florida 34112.for the following purposes: STATE OF WiSCONSIN (i)Receiving public comments and hearing discussion concern- COUNTY OF BROWN ing the proposed issuance of the Authority's revenue bonds in an amount not to exceed S60.000,000 (the 'Bonds'). Proceeds of the Bonds will be loaned by the Authority to The Moorings, Before the undersigned they serve as the authority, Incorporated (the 'Borrower') to be used by the Borrower to personally appeared said legal clerk who on oath reimburse the Borrower for the con of acquiring and improving pe Y ppe e9says that 23 independent living units Included in the continuing care fa- he/she serves as Legal Clerk of the Naples Daily News, a cilities owned and operated by the Borrower and located at doll) newspaper7410 Little Lane, Naples, Florida and to pay costs of the finenc- y published at Naples, in Collier County, ing transaction. All assets financed with oceeds of the Bonds Florida; distributed in Collier and Lee counties of Florida; are and will be owned and operated the Borrower. The Bonds will constitute 'qualified 5011c)(3 bonds' within the that the attached copy of the advertising was published in meaning of Section 145 of the Internal Revenue Code of 1986. said newspaper on dates listed. Affiant further says that the (2)To consider adoption of one or more resolution(s) of the Au- thority approving the Issuance of the Bonds and making certain said Naples Daily News is a newspaper published at findings and providing certain authorizations in connection Naples, in said Collar County, Florida, and that the said therewith. (3)To conduct such other business of the Authority as may be newspaper has heretofore been continuously published in necessary or desirable, including those matters on the meeting said enda on the Authority's web page set forth below. All interested persons are invited to submit written comments Collier County,Florida;distributed in Collier and Lee or attend the meeting and hearing, either personally or counties of Florida,each day and has been entered as through their representative, and will be given an opportunity second class mail matter at thepost office in to express their views concerning the matters pending before Naples,in the Authority.Anyone desiring to review and/or make copies of said Collier County,Florida,for a period of one year next the application for finandng or make written comments in ad- vance of the meeting may request copies and/or send such corn- preceding the first publication of the attached copy of menus to Collier County Health facilities Authority do Donald advertisement;and aff(ant further says that he has neither Pickworth, Esq., 725 High Pines Drive, Naples. Florida 34103. Written comments received in advance of the meeting and oral paid nor promised any person,or corporation arty discount, comments made at the meeting are for the consideration of the rebate,commission or refund for the purpose of securing Authority and will not bind the Authority. this advertisement for publication in said newspaper Should any person decide to appeal any decision made by the p per Authority with respect to any matter considered at this meeting issue(s)dated or by publication on the newspaper's or hearing, he or the will need to have a record of the ch proceed- ings,and,for that purpose,su person may need to insure that a verbatim record of the proceedings is made which record in- cludes the testimony and evidence upon which the appeal is to be based. The Bonds, if and when Issued, will be payable solely from the Issues)dated:01/13/2022 revenues derived by the Authority from a loan agreement or other financing documents between the Authority and The • Moorings, incorporated. Neither the bonds nor the interest thereon shall be an indebtedness of,or a pledge of.the taxing T ' — power or any other revenues of Collier County, the State of Florida,or any political subdivision or agency thereof. Subscribed and sworn to before on January 13.2022: In accordance with the Amerkan with Disabilities Act, persons needing a special accommodation to participate In this meeting and hearing should contact Donald A.Pickworth, General Coun- se) at (239) 404-1475 not later than three days prior to the hearing. This notice is given pursuant to Section 147(f) of the Internal Revenue Code of 1986,as amended and Section 189.015,Florida Note of WI, of Brown Statutes. Notary, tY This will be a hybrid remote public meeting and persons may at- tend either In person or remotely. Copies of the complete agenda and Information on remote attendance may be ob- tained on the Authority's web page at:https!/www.collercount yfl.gov/government/advisory-boards•and- aut horltlesiauthoritieslhealt h-fad titles-a uthorlty. Is/Donald A.Pickworth ` Assistant Secretary and General Counsel '•7/2;) Z J Pub Date:January 13,2022 05063925 M?ubilaailosieloekp$490.00 Ad No:0005083925 Customer No:5617758440 S A R A H B E R T E L S E N PO#: Notary Public it of Affidavitsl State of Wisconsin This is not an Invoice EXHIBIT A TO AUTHORITY RESOLUTION