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Home My WebLink AboutSEOPW-CRA-R-01-0039ITEM 1Dx REVISED RESOLUTION NO. SEOPW/CRA 01 - 39 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SOUTHEAST. OVERTOWN/ PARK WEST COMMUNITY REDEVELOPMENT AGENCY RATIFYING, APPROVING AND CONFIRMING THE ACTIONS OF THE EXECUTIVE DIRECTOR AND APPROVING A CONTRACT AND WORK AUTHORIZATION FOR DAIN RAUSCHER FOR THE SITE ANALYSIS OF THE RELOCATION OF THE MARLIN'S BALLPARK STADIUM, IN AN AMOUNT NOT TO EXCEED $36,148.09, ALLOCATING FUNDS FROM ACCOUNT CODE NO: 689001.5 5 0108.270. WHEREAS, the Southeast Overtown/ Park West Community Redevelopment Agency (the "CRA") is responsible for carrying out community redevelopment activities and projects in the ' Southeast Overtown/ Park West Community Redevelopment Area (the "Redevelopment Area") established pursuant to the Redevelopment Plan; and WHEREAS, on February 20`h, 2001, the Board of Directors directed the Executive Director to conduct a site analysis in connection with relocation of the Marlin's ballpark stadium to examine the advantages and disadvantages of various sites located within the Redevelopment Area, and, on March 15, 2001, to provide the City of Miami Commission and the City Manager with a report of the CRA's Economic Development Infrastructure Assessment; and WHEREAS, pursuant to such Board direction, engaged Dain Rauscher to perform the site analysis; and WHEREAS, funds for these services are available from Account Code No. 689001.550108.270. NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to the Resolution are incorporated herein as if fully set forth in this Section. Section 2. The acquisition of site analysis services for the relocation of the Marlins Ballpark Stadium from Dain Rauscher in an amount not to exceed $36,148.09, is hereby ratified, approved and confirmed, with funds allocated from Account Code No. 689001.550108.270. Section 3. This resolution shall become effective immediately upon its adoption. SEOpw/ 0 1 - 3 9 E PASSED AND ADOPTED this 21 " day of May 2001. Walter City Cl FORM Attorney ® ITEM lDjle REVISED i Arthur E. Teele, Jr., Chairman INVESTMENT INVESTMENT BANKING INVOICE- �vI z . ® � FINANCIAL ADVISORY SERVICES PROVIDED TO CITY OF MIAMI, FLORIDA COMMUNITY REDEVELOPMENT AGENCY March 7, 2001 Billing Billed Rate/Hour Hours Total Lourdes Reyes Abadin $149.32 62 $9,257.84 Tom Berger $149.32 16 2,389.12 Vivian Escribano $98.29 40 3,931.60 Yvonne Diaz $38.92 11 428.12 Total In Connection with: Financial Impact of Baseball Stadium Proposals Analysis Prepared several analyses on the proposed designs for a major league baseball stadium. These analyses focused on the financial impact of the CRA's tax increment revenue. Attended several meeting with various local organizations to gather information. These local organizations have included the CRA, the City of Miami, the Miami -Dade County Office of Community and Economic Development, the Downtown Development Authority and other agencies intimately familiar with the areas. CRIB Exec. Director . ......Q...... .. . . ...........N..N...O Budget ..... �.h..,,,,. F! •..N...........NN......... ....NN..N..... NM Project ..................... N..... .....NN.................... Project CodeNL °!-..--55.aj.L:..�?:.: P A MW. DATE o/ Miami Center Phone: (305) 577-4400 Dain Rauscher 201 S. Biscayne Blvd., Suite 830 Fax: (305) 5774838 Me r YSFISIPC Miami, FL 33131 1((R&& 0 1 — INVESTMENT SERVICES INVESTMENT BANKING e COMPIC16L -INVOICE- EMW I D FINANCIAL ADVISORY SERVICES � �� - -- PROVIDED TO �� I CITY OF MIAMI, FLORIDA dlTE OCOMMUNITY REDEVELOPMENT AGENCY April 9, 2001 Billing Billed Rate/Hour Hours Total Lourdes Reyes Abadin $149.32 82 $12,244.24 Tom Berger $149.32 7 1,045.24 Vivian Escribano $98.29 61 5,995.69 Yvonne Diaz $38.92 22 856.24 Total In Connection with: Financial Impact of Baseball Stadium Proposals Analysis Prepared several analyses on the proposed locations for a major league baseball stadium within the CRA boundaries. These analyses focused on the financial impact of the CRA's tax increment revenue. Attended several meetings with various organizations to gather information. These organizations have included the City of Miami, the City Manager's Office, Miami -Dade Department of Transportation, the Miami -Dade County Office of Community and Economic Development, the Florida Marlins, FDOT, Holland & Knight, Luft Consulting, Inc., EEG, Civil-Cadd Engineering, H.J. Ross Associates, Inc., ATC Associates, Inc., Garrett Fleming, Legg Mason R.E. Services, Parsons Brinckerl= Hammes Company, Spillis Candela DMJM, Baseball Community Improveme th -.......................................... Finance............................................................... Project............................................. .................... Project (`.ode fD frf �j/. `a �11G/� : :..��.` 0 . Miami Center, Suite 830 (30S) S77-4400 Dain Rauscher 201 South Biscayne Blvd. Fax (305) 577-4838 Member NY E/SIPC Miami, FL 33131 .�. s 'Opwi 39 11 • • INVESTMENT SERVICES INVESTMENT BANKING -INVOICE- OS _ FINANCIAL ADVISORY SERVICES 3 PROVIDED To CITY OF 1V1(IAMI, FLORIDA COMMUNITY REDEVELOPMENT AGENCY March 7, 2001 Billing Billed Rate/Hour Hours Total Lourdes Reyes Abadin $149.32 62 $9,257.84 Tom Berger $149.32 16 2,389.12 Vivian Escribano $98.29 40 3,931.60 Yvonne Diaz $38.92 11 428.12 Total C� In Connection with: Financial Impact of Baseball Stadium Proposals Analysis Prepared several analyses on the proposed designs for a major league baseball stadium. These analyses focused on the financial impact of the CRA's tax increment revenue. Attended several meeting with various local organizations to gather information. These local organizations have included the CRA, the City of Miami, the Miami -Dade County Office of Community and Economic Development, the Downtown Development Authority and other agencies intimately familiar with the areas. CRA Exec. Director ................. ............•...•»... ... ...------ Budget..�................... .... ........ ......... ... . . .... . . =--� Fi Project Project Code.•41 q. "A5WIL.. ` j0� CK. NO DATE °� FL A;; a'Z. Miami Center Phone: (305) 577-4400 Dain Rauscher 201 S. Biscayne Blvd., Suite 830 Fax: (305) 577-4838 — 39 Member NYSE/SIPC Miami, FL 33131 SEOPW/CRA INVESTMENT SERVICES INVESTMENT BANKING -INVOICE- FINANCIAL ADVISORY SERVICES 121 �Q� PROVIDED TO CK N�CITY OF MIAMI, FLORIDA vr►i- 4 Z1 0 — 1 COMMUNITY REDEVELOPMENT AGENCY April 9, 2001 Billing Billed Rate/Hour Hours Total Lourdes Reyes Abadin $149.32 82 $12,244.24 Tom Berger $149.32 7 1,045.24 Vivian Escribano $98.29 61 5,995.69 . Yvonne Diaz $38.92 22 856.24 Total In Connection with: Financial Impact of Baseball Stadium Proposals Analysis Prepared several analyses on the proposed locations for a major league baseball stadium within the CRA boundaries. These analyses focused on the financial impact of the CRA's tax increment revenue. Attended several meetings with various organizations to gather information. These organizations have included the City of Miami, the City Manager's Office, Miami -Dade Department of Transportation, the Miami -Dade County Office of Community and Economic Development, the Florida Marlins, FDOT, Holland & Knight, Luft Consulting, Inc., EEG, Civil-Cadd Engineering, H.J. Ross Associates, Inc., ATC Associates, Inc., Garrett Fleming, Legg Mason R.E. Services, Parsons Brinckerl= Ha es Company, Spillis Candela DMJM, Baseball Community Improvemer�A Rthq��;,,,,, nk --I _.......................N........................-..-..............as Finance............................................................... Project.................................... :........................... Pro; _ .t (`ode �;•��,:?�ll---T.:.i.2.Sl;(��- Miami Center, Suite 830 (305) 577-4400 ••• •• Dain Rauscher 201 South Biscayne Blvd. Fax (30S) 577-4838 Member NY PC Miami, FL 33131 Wf ^ 39 SEOPW/CIA 0 CITY OF MIAMI, FLORIDA 0 ITEM 1Dx 4 TO. Chairman Teele and Members of the CRA Board INTER -OFFICE MEMORANDUM DATE: May 21, 2001 SUBJECT FROM: Dipak M. Pazekli REFERENCES: ��,,� Executive Directorw`� ENCLOSURES: RECOMMENDATION FILE : Ratifying Procurement of services from Dain Rauscher for Marlins Site Analysis Resolution It is respectfully requested that the Board of Directors of the Southeast Overtown/ Park West Community Redevelopment Agency (the "CRA") ratify the actions of the Executive Director and approving a contract and work authorization for Dain Rauscher to conduct a site analysis associated with the relocation of the Marlins Ballpark Stadium. BACKGROUND Consistent with the February 20, 2001 direction from the CRA Board, that required that a site recommendation be prepared for the Special City of Miami Commission Meeting of March 15, 2001, the Executive Director proceeded with the procurement of Dain Rauscher to conduct a Financial Impact of Baseball Stadium Proposal Analysis. The analysis examined the information from various sources regarding potential baseball sites within the Southeast Overtown/Park West Redevelopment Area and the impact on the tax increment revenues of the SEOPW CRA. Funding. Source: CDBG Account Number: 799126.456262.979 • Q1 - 39 SEOPW/CRA