THIS WEEK IN PALM BEACH
January 5, 2018 Edition - The News Palm Beachers Need to Know 
TOWN ELECTIONS
South End Resident Enters Three-Way Race for Town Council Seat
James Sved
James Sved
James Sved, a South End resident, said Wednesday that he will run in the March 13 election for the Town Council seat held by the retiring Richard Kleid. Sved's decision to seek Kleid's seat sets up a three-way race with Lew Crampton and Harris Fried, while leaving incumbents Bobbie Lindsay and Margaret Zeidman unopposed in their re-election bids, at least for now.
UNDERGROUNDING
Commercial Paper Issued to Finance Underground Utility Project
Undergrounding
The Town of Palm Beach, Florida (the "Town") issued $9 million in Commercial Paper this week. The Commercial Paper will be used to finance the initial phases of the Town's Underground Utility Project at low favorable interest rates. 
Read More (Town of Palm Beach)
Palm Beach to Hold Utilities Talks in January
A Cup of Joe with Bo
The Town of Palm Beach will once again hold two informal public meetings, one Jan. 5 and another Jan. 8, with construction crews working on the underground utilities project.
Read More (Palm Beach Daily News)
TOWN of PALM BEACH
Another New Restaurant
Set to Open  
Soon in Palm Beach
Nick & Johnnie's
A restaurant serving French-inspired fare is expected to open in the former Nick & Johnnie's space on Royal Poinciana Way in mid-January - another new destination in an area undergoing a dining revival.
Board Approves New Phipps Ocean Park Restroom Building
Phipps park
The Architectural Commission approved the construction of a restroom building at the north end of Phipps Ocean Park - but not before a discussion of how to improve its appearance.
New Shore Board Member Grew Up Surfing on Palm Beach
Will Lorentzen
Will Lorentzen
Will Lorentzen, 25, spent plenty of free time as a kid surfing in town and always had a fascination with the coastline, he said. His love of surfing initially motivated him to apply for an opening on the board, but he is also driven by his degree in geology.
Palm Beach Plans to Simplify Demolition Permit Process
Testa's Demolition
The government of Palm Beach is likely to make town permits for partial demolition easier to get. The town council has directed the planning and zoning commission rewrite the municipal code to clarify its definition of "50 percent" demolition, a key threshold.
Town Council to Appoint Member(s) to the Town of Palm Beach Code Enforcement Board  
Zoning
The Town of Palm Beach announces an opening on the Town Code Enforcement Board effective Thursday, December 29, 2017. 
Town Council Meeting Actions
Town of Palm Beach logo
To view the summary of actions taken at this month's Town Council meetings, please click on the applicable link below.
BRIGHTLINE
Brightline Higher-Speed Passenger Trains to Launch Week of Jan. 8
Brightline
Brightline said Thursday it will begin introductory service of its higher-speed passenger trains the week of January 8 - but the company did not release train schedules or ticket prices.
Read More (Sun Sentinel) 
Brightline Quiet Zones Not Coming for 4-6 Months
Brightline crossing
It's not exactly the way West Palm Beach residents living near a section of the Florida East Coast Railway wanted to ring in the new year - not with party favors but a promise of more screaming locomotive horns outside their windows for months to come.
Take a Virtual Tour of Brightline Higher-Speed Passenger Trains
Brightline inside
What will Brightline passengers see when they pass through the new stations and board the higher-speed passenger trains? The Fort Lauderdale and West Palm Beach stations, which open the week of Jan. 8, will have automatic self-service ticketing, security screening and food kiosks among the amenities.
Read More (Sun Sentinel) 
PRESIDENTIAL VISITS
Trump Spends Day with Governor, Golf, Attends Party with Wife, Son
Getty images

President Donald Trump predicted a "fantastic 2018" as he arrived at Mar-a-Lago on Sunday night for a pricey New Year's Eve party with hundreds of his supporters. "We're off to a very good start with the great tax cuts ... getting rid of the individual mandate, which was very, very unpopular, as you know."
FAA Says 11 Violated Flight Zones During Trump Palm Beach Stay
two F-16s
After enjoying clear skies earlier last month, authorities had to deal with 11 violations of restricted air space during President Donald Trump's recent 11-day holiday stay at Mar-a-Lago, his Palm Beach "Winter White House," the Federal Aviation Authority confirmed Tuesday.
Read More (Palm Beach Daily News)
HURRICANES
Oh No!: This Forecast Predicts an Active 2018 Hurricane Season
Hurricane Season
The grip of a double-dip La Niña is a key clue in a leading hurricane forecast's early prediction for an above-normal storm season come June 1.
Read More (Palm Beach Post)
The Year in Hurricane Damage: Is Climate Change Catching Up with South Florida RE?
2 meter rise
After a devastating hurricane season that wrought billions of dollars worth of damage, South Florida property markets are beginning to reveal the long-term fall out from the storms.
Read More (The Real Deal)
Florida Has Handled Nearly 300,000 Puerto Rican Refugees Since Hurricane Maria
Puerto Rican refugees
If there was any doubt about the dramatic impact the aftermath of Hurricane Maria has had on Puerto Rico, Florida Gov. Rick Scott emphasized the state has now taken in between one-fifth to one-tenth of the entire population of the U.S. territorial island since the storm.
Read More (The Florida Times-Union)
CIVIC ASSOCIATION
DIRECTORS IN THE NEWS
Billionaire Jeff Greene: I think we're more likely to have a slowdown  
of 0% percent growth
The U.S. economy could grow sluggish as President Donald Trump moves forward with his pro-business policies, billionaire real estate investor Jeff Greene told CNBC on Monday. "I think we have been in a period of insane 'animals spirits,'" Greene said on "Squawk on the Street," citing previous inaction in Washington.

MEETINGS & EVENTS

Friday, January 5, 8:00 AM
A Cup of Joe with Bo - Undergrounding Phase 1-South
South Fire Rescue Station, 2185 S. Ocean Blvd.
 
Friday, January 5, 9:00 AM
Underground Utilities Task Force Meeting
Town Council Chambers
 
Tuesday, January 9, 9:30 AM
Town Council Meeting-Regular Business
Town Council Chambers
 
Tuesday, January 9, 7:00 PM
Town Caucus
Town Council Chambers
 
Wednesday, January 10, 9:30 AM
Town Council Meeting-Development Review Matters
Town Council Chambers
 
Thursday, January 11, 9:30 AM
Public Works Committee Meeting
Town Council Chambers
 
Friday, January 12, 9:30 AM
Special Town Council Meeting
Town Council Chambers
 
Friday, January 12, 10:30 AM
Recreation Advisory Commission Meeting
Town Council Chambers
TICKETS AVAILABLE!
CIVIC ASSOCIATION
ANNUAL AWARDS LUNCHEON
Co-sponsored by:
Brian Williams
Keynote Speaker
MSNBC Anchor Brian Williams
   
Monday, February 12, 2018
VIP Meet and Greet Reception - 11:00 am 
Luncheon - 12:00 pm
The Breakers, Palm Beach


For reservations, please call Allison Tardonia, Membership and Events Manager 
at 561-655-0820
PORT of PALM BEACH
Financial Outlook Upgraded to Positive
Port of Palm Beach
The Port of Palm Beach's long-term contract renewals with its two largest tenants have helped boost its investment grade outlook to positive from stable, Moody's Investors Service said last week. New York-based Moody's said the positive outlook reflects its view that the port's extension of its contracts with its largest customers, Tropical Shipping and Bahamas Paradise Cruise Line, provides a higher level of revenue predictability.
Read More (Palm Beach Post)
Scrap-Metal Firm at Port Says Riviera Beach Hampers its Business
Stonerock Shipping Corp.
Stonerock Shipping Corp. has exported millions of dollars worth of bulk scrap metal from the Port of Palm Beach to international steel companies in countries such as China, Malaysia and Turkey since 2014, but the operation has not been without controversy.
Read More (Palm Beach Post)
TAX & FINANCE
Voters Raised Tax Last Year to Help Schools. What's Done
What's Next?
palm beach county school district
A year after Palm Beach County voters agreed to raise their sales tax by a penny, several small school projects have been completed, with some of the biggest construction set to begin over the next two years.
Read More (Sun Sentinel)
PB County Looks to Tourism Taxes to Pay for Upkeep of Natural Areas
Acreage Pines
Palm Beach County is running out of money to pay for the upkeep of more than 30,000 acres of environmentally sensitive land it purchased as part of preservation programs approved by voters in the 1990s.
Read More (Palm Beach Post)
REAL ESTATE
Ranking Palm Beach
   
1744 S. Ocean Blvd. Palm Beach
Local developers and brokers say the gold-plated bubble of Palm Beach real estate won't pop any time soon, as the mega-wealthy continue to park their millions in the area, spurring both new construction and interest in pedigreed homes - or at least, the land they sit on - at the highest end of the market.
Read More (The Real Deal)
SCRIPPS FLORIDA
Scripps Florida Spins Off Muscular Dystrophy Drug Company
Expansion Therapeutics
Jupiter-based research institute Scripps Florida is spinning off a drug development company, Expansion Therapeutics, which on Wednesday announced it has raised $55.3 million in financing.
Read More (Sun Sentinel)
Opportunity
 
You are cordially invited to a
VIP TOUR
of the new Erin H Gilmour Early Learning Center
and to learn about the life-changing impact of
Opportunity, Inc.
   
Tuesday, January 9, 10AM
Tuesday, January 23, 10AM
   
RSVP to Emily at [email protected] 
or 561-712-9221
 
1713 Quail Drive, WPB  
(five miles from Palm Beach)
EVERGLADES
Florida Could Spend $1 Billion on Everglades Reservoir Project, but Will It Work?
Lake Okeechobee flyover
Last spring, Florida lawmakers approved plans for a massive new reservoir near Lake Okeechobee, touting the billion-dollar project as a breakthrough in the decades-old effort to save the Everglades. But less than a year later, South Florida water managers are struggling to make the ambitious project a reality.
Read More (Naples Daily News)
Palm Beach Recreation Center
Palm Beach Recreation Department
To Visit
Recreation 
Department
Site
Palm Beach Chamber of Commerce 
To See 
Chamber Events