HomeMy WebLinkAboutExhibit ACITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
TO: Arthur Noriega V
City Manager
FROM: Fernando Casa mayor
Assistant City Manager
BACKGROUND:
DATE
SUBJECT:
Casama or Digitally signed by
Y , Casamayor, Fernando
Fernando Date: 21'
14:17:51 -05'0000
December 15, 2020
Approval of finding to waive
competitive sealed bidding
procedures for the management
and leasing services at Olympia
Building
The City of Miami ("City") owns the property located at 174 East Flagler Street, Miami, Florida and known as the
Gusman Theater for the Performing Arts of the Olympia Building ("Property"). The Property is made up of a theater,
residential apartments, and commercial retail. The theater component of the Property is currently managed by
Olympia Center, Inc., a Florida Not -For -Profit corporation ("Theater Component"). The residential apartments and
commercial retail are also currently managed by Olympia Center, Inc. by separate management agreement
("Residential and Retail Component"). On August 20, 2020, the City advised Olympia Center, Inc. of its intent to
terminate both above -referenced management agreements between Olympia Center, Inc. and the City, and the same
was accepted by Olympia Center, Inc. on September 2, 2020. Pursuant to the agreed -upon termination, the
management agreements shall be terminated effective December 31, 2020.
NAI Miami Property Management, LLC ("NAI") is a full service real estate firm serving as the Greater Miami
Metropolitan and Florida Keys market representative of NAI Global, an international real estate services organization.
Among the various services provided by NAI are leasing brokerage and property management services. The City and
the Miami Parking Authority currently utilize NAI for real estate leasing brokerage and property management services
at several properties.
RECOMMENDATION:
Due to the termination of the existing management agreements with Olympia Center, Inc., and the urgent and crucial
need to continue the operation and management of the historic Property, it is in the best interest of the City to
negotiate an agreement with NAI for the temporary management and leasing of the Property.
In light of the above mentioned, and pursuant to Section 18-85, as amended, it is respectfully recommended that you,
as the City Manager, waive competitive sealed bidding methods, via the written findings and reasons stated herein.
Said waiver shall need to be ratified, confirmed, and approved by the City Commission, by a four -fifths (4/5ths)
affirmative vote, during an advertised public hearing.
Approved:
Ihekwaba, Digitally signed by ihek—b�,
Nz Ibc
Nzeribe Date 2020.12.16162E-00-05'00' Date:
Arthur Noriega V, City Manager
cc: Annie Perez, CPPO, Director of Procurement
Mark Burns, Lease Manager
Daniel D. Diaz, Assistant City Attorney