15:32A primary focus of the meeting was the ongoing discussion about permit fee waivers for elevated homes and new construction, which are set to expire on May 31. Interim Finance Director Mike Howard reported that $32,000 in refunds had been approved for disbursement that week, with an overall total of $475,000 covering around 870 permits. The commission considered extending the deadline to July 31 due to increased permit applications driven by the approaching expiration date. However, the consensus leaned towards maintaining the current deadline, recognizing the necessity for further deliberation on new builds and elevations.

20:45The financial implications of these waivers were thoroughly examined. The building fund, which supports the waiver program, operates as a self-funding entity reliant on fees to cover its costs. Scenarios regarding the expected number of applicants for both elevating homes and new constructions estimated potential revenue from these fees could reach $1.9 million. Despite this optimistic projection, Howard emphasized the uncertainty of actual participation and the financial risks involved in the refunds.

20:12The commission also tackled the intricate details of permit fee structures, revealing that the average cost of elevating a home is approximately $287,000, with the corresponding permit fee around $3,400. In contrast, the permit fee for a new build costing $1.1 million stands at about $12,800. These figures were contrasted with other municipalities, many of which plan to end their fee waivers by the end of May, making Treasure Island one of the last to maintain such waivers.

30:06The commission further delved into the qualifications for waiver eligibility, focusing on whether residents who owned homes at the time of the hurricane should be prioritized. Concerns were raised regarding properties sold shortly after the hurricane and the potential inequities of new owners benefiting from the waivers. The legal implications of restricting waivers to certain groups were also discussed, highlighting the risk of lawsuits and the necessity for equal treatment under the law.

50:12A consensus emerged around providing a fixed credit for those elevating homes, with separate considerations for new builds. It was proposed that a $1,000 credit be given for elevation projects and a $2,000 credit for new builds.

54:10The conversation shifted to the potential hiring of a grant manager, a role deemed critical for pursuing grant opportunities. The absence of a dedicated grant writer has resulted in missed deadlines for important applications. The commission agreed to prepare a job description and salary range for the role by the next meeting, emphasizing the urgency of filling this gap to enhance the city’s competitiveness in securing funding.