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| Although we may not be able to fix some very bad deals (For Escambia County) that were negotiated in the past, we MUST reform the re negotiation process going forward. This MUST happen. |
As I've discussed at the last meeting, and as I
discussed here, here, and here--there is a massive problem with the way several
recent "re-negotiations" have been handled at Pensacola Beach.
Several have and/or will lead to a staggering loss of
revenue for the taxpayers going forward.
Some are questioning now whether the most egregious of
these renewals can or should be "unwound" because the terms are
so destructive to the taxpayers that own these properties.
We
shall see how that unfolds....
Meanwhile, we must fix the problem going forward, we
MUST prevent this abuse of the taxpayer from EVER happening again in the
future. I have put together a simple, multi-step plan that I believe will
solve the problem, make things right, and address this issue going
forward. It goes like this:
--Establish a moratorium on ANY more large condo lease
renewals by SRIA and without BCC authorization until a standard process and
standardized lease models/templates can be put into place with the SRIA.
1 --No
renewals of any existing “Master Leases” ever.
2 -- No
leaseholder shall be compelled to renegotiate any executed, lawful lease prior
to expiration UNLESS such a leaseholder makes the affirmative choice to do
this. (in other words, if the status quo
of your lease is to your satisfaction, you do not have to make any changes to
what you are paying now-if you want to renegotiate early—you can)
taxes on improvements and land shall NOT be required to pay SRIA lease
fees going forward.
4 --Immediate
reinstatement by SRIA of full lease fees on leased property, to be phased in
over the next two years must occur
-- To
satisfy those opposed to any further development and opposed to fee simple, the
BCC should make the preservation areas and all currently public areas of
Pensacola Beach off limits to further lease or development in perpetuity,
requiring a UNANIMOUS vote of any subsequent Board to change this.
Additionally, the BCC should vote to make the current dwelling cap at Pensacola
Beach PERMANENT via an ordinance that would also require a UNANIMOUS vote of
any subsequent Board to change this.
And Finally.....
--- Any
new renewal request of a lease that is to be “renegotiated” shall be be either
A. A
perpetual lease, NO SRIA lease fees (pays ad valorem tax on land and
improvement—next best thing to fee simple title)
or
B. 99-year lease
with renegotiation after the initial term (pays ad valorem tax on improvements
and MARKET RATE SRIA lease fees with CPI indexed adjustments every 5 years of
the term)
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