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Home My WebLink AboutR-02-0809RESOLUTION NO. 02,809 A RESOLUTION APPOINTING CERTAIN INDIVIDUALS AS MEMBERS OF THE MIAMI BAYSIDE MINORITY FOUNDATION. BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The following individuals are hereby appointed as members of the Miami Bayside Minority Foundation: APPOINTEES: Commissioner Arthur E. Teele Carole Ann Taylor Dwayne Wynn NOMINATED BY: Chairman Tomas Regalado Commissioner Arthur E. Teele Vice Chairman Johnny Winton Section 2. The term of Commissioner Arthur E. Teele as a member of the Miami Bayside Minority Foundation expires in 90 days or after two board meetings. City Commission Meeting of July 9, 2002 Resolution Number 02-809 PASSED AND ADOPTED this 9th day of July, 2002. This Administrative Act shall become effective immediately. e ,& C. an!y2adn' PRISCILLA A. THOMPSON CITY CLERK ' Board appointments are administrative acts which do not require the Mayor's signature nor the City Attorney's review and approval. 02-809 2 CATEGORY 1999 2000 2001 --- - - - - --------- - --- -- -- - - - - - f a 4 A) Guaranteed Rent Payment to City of Miami 1) Retail Lease $1,000,000 $1,000,000 $1,000,000 _ Y 2) Garage Lease $ 90,000 $ 90,000 $ 90,000. B) Property Taxes'' 1) Retail Lease $1,866,544 $2,062,020 $2,042,995 O c 2) Garage Lease $ 325,791 $ 587,485 $ 570,349 U v� C) City Share of Property Taxes 1) Retail Lease $709,286 $783,567 $776,338 E 2) Garage Lease $123,800 $223,244 $216,732® D) Garage Surcharge $260,478 $905,676 $768,714 E) City's Percentage Rate 1) Retail Lease $0 $0 $0 2) Garage Lease $874,143 $558,754 $239,549 F) City's Share of Sales Tax 1) Retail Lease $531,752 $548,768 $488,019 2) Garage Lease $ 23,384 $ 21,530 $ 17,367 G) Fees generated by the Bayside Marketplace (Permits, Occupational License, etc.) $ 40,000 $ 40,000 $ 40,000 H) Annual Payment Totals $3,652,843 $4,171,539 $3,636,719 1) Approximate Ten Years total of Bayside Payments to City $31,000,000 J) Employment 1,500 1,500 1,500 (Approx. $30,000,000 Payroll Per Year), K) Payroll $375,000,000 (Over 15 Years) L) Miami Residents Employed $187,000,000 (50% Total Payroll for Miami Residents) Downtown Police Coverage Miami Police Downtown Beat Officers 30 officers Miami Police Downtown Patrol Detail 40 officers Miami Police Bayside Assigned Officers 5 officers (from Downtown Beat of which 1 officer is assigned to the SWAT Team so the coverage is really 4) Five (5) Miami Police Officers with benefits $230,000.00 (approximately) aysl F ecurity Budget Cost - Per Year Twenty eight (28) Bayside Security officers $553,000.00 (approximately) One (1) Bayside Security Director $53,000.00 Miami Police off-duty paid by Bayside $60,000.00 Miami Police off-duty Bayside Garage $55,000.00 Miami Police off-duty boats paid by Bayside $ 9,000.00 Miami Police off-duty boats paid by Fiesta Party Boat $ 9,000.00 Miami Police off-duty boats paid by Island Queen $ 7,000.00 Bayside Marketplace Security Cost Per Year $730,000.00 Bayside Costs TOTAL $7305000.00 Total Off-duty Police $140,000.00 oJ , + f lot 0 E c . MINORITY PARTICIPATION BAYSIDE FUNDING AND CONTRIBUTIONS TO MINORITY TENANTS ORIGINAL STORES - $1,500,000.00 grant to Bayside Foundation; $6,280,350.00 cash grants for minority construction; - Organized and solicited $3,334,000.00 in loans from Miami Capital DEEDCO and private banks for minority tenants; - $3,000,000.00 rent abatement; $300,000.00 direct cash for technical assistance. MINORITY TENANT STATISTICS YEAR TOTAL STORES AFRICAN AMERICAN OTHER MINORITY TOTAL 1985 139 24(17%) 40(29%) 64(46%) 2000 139 10(7%) 62(45%) 72(52%) • Many of Original African American tenants sold to non -African American buyers • Currently there are 3 - 5 % vacancies per average year. Can be as high as 10%. - Nationally, 9 of 10 small businesses close within one year because of change in consumer tastes. v �C� C`sl' y � L QL E q) �m 4? 1) We are active members of various minority business organizations: a) CAMACOL (Hispanic) b) Miami Dade Chamber of Commerce (African American) c) Advertise for opportunities d) Attend entrepreneurial workshops 2) We are constantly prospecting for new businesses: Submitted Into the public a) Malls record in connection w th b) Craft Shows item 7 on 7 D L c) Fairs Priscilla A. Thompsot d) Street business City Clerk e) Monitor newspapers, professional journals, and publications 3) We have established an entrepreneur incubation program in our Market area: a) Carts and stalls in which our merchants have very little risk investment, can experience with a concept in this area. In this area we grow a tenant from a cart to a store and there are numerous tenants who have achieved this. 4) Flexibility for start up opportunities. a) Temporary and seasonal uses. We have existing tenants who want to experiment with a new concept who will start in a cart or stall. b) We allow existing tenants to change uses/concepts when their existing ones slow down or fail. c) We provide a list of new uses/concepts to existing tenants and new prospects so they can implement them at Bayside Marketplace. d) We try to suggest joint ventures and new business opportunities between minority and non -minority businesses - (i.e. - management of garage at Bayside Marketplace). Phone: (3050 375-022.6 (786) 853-3221 Fax: (305) 408-6939 Fmc '10-a To: THE CIN COMISSION From: Panzegna Wood Fax: 305-579-3334/ 305-250-5399 Dated July 8, 2002 Phonec 305-250-5333 Pages.6 no: BAYSIDE ROUSE MIAMI. / SAYSIDE T- CC: MAYOR. MANUEL DIAZ AND ALL CITY SHIRTS CO. INC. 8. MIAMI DESTINATION CO INC. COMMISSIONERS: COMM: TEALE, COMM: WINTON, COMM: REGALADO, COMM. MRSANCHEZ, COMM:GONZALEZ, CITY CLERK'S MS.THOMPSON X UNent U for Review D Please Comment 0 Please Repty O Please Recycle 4'Comments: Dear Commissioners: On Friday I delivered a letter to your office in response to my issues with the Bayside/ Rouse Company and the Bayside Foundation. I am writing to request that my name be added to the agenda for the commission meeting of July 9,2002. As this commission is aware my stores have been closed since May with my stocks and merchandises. (I HAVE BEEN WITHOUT AN INCOME SINCE) I HAVE NOT BEEN ABLE TO PROVIDE AN INCOME FOR MYSELF OR MY FAMILY SINCE THAT TIME. Thank you very much for your consideration. submitted Int`` record in Connz t' - 'T; item _ 7 on 7 Priscils.'a A. C4 02- 809 99v9 082 S02 -z9v-z9v2,9zj Wd sv:zT Now ze-8e--inr- MIAMI DESTIINATION BAYSIDE T-SHIRT COMPANY 13AYSIDE MARKETPLACE MIAMI, FLORIDA 33131 June 12, 2002 Mr. Victor I. Igwe, CPA, CIA Director, Office of Internal Audits City Of Miami Miami Riverside Center 444 SW Second Avenue, 7"' Floor Miami A 330708 Dear Mr. Igwe, Please accept my apology for my tardiness in getting back to you in reference to my situation with the Bayside Foundation. I just returned to Miami from Jamaica after burying my father and I must return immediately to finalize related matters. Mr. George Knox will be assisting me in working with the Foundation and the Rouse Company to resolve the matter at hand. I am encouraged by Mr. Knox's assurance that the matter will be worked out. I regret I will be unable to attend the meeting tomorrow but am most willing to participate in the dialog. I would, however, like to inform the Public, the Foundation and the Rouse Company of my concerns. My family, staff and I would like to take this opportunity to thank the Commission, its members and staff for their valuable support and help. Please know that it is greatly appreciated Cordially, 4� " Panzegna Wood Miami Destination and 13ayside T -Shirt Company cc: Honorable Commissioners, City of Miami George Knox, Esq. �J Submitted Into thQ rlabliC item ? en 7 , o� Priscilla A. Tdwa�, ti City Cle.r, p9- 809 Z0 "d 99i�9 082 S0£ 'Z9*' Z9"2`9Z4 Wd 94: ZT NOW 207777 1F CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO: The Honorable Mayor and Members DATE Of the City Commission SUBJECT: FROM:ACityM menet REFERENCES', r ENCLOSURES: 7 JUN L 8 K02 Public Hearing regarding Bayside Marketplace Commission Agenda July 9, 2002 FILE: At the June 13, 2002 City Commission meeting, the City Commission deferred the public hearing wherein representatives of Bayside were invited to appear before the City Commission for the purpose of allowing representatives of Bayside Marketplace to discuss its operations, including police, security, promotions, and the Minority Participation Agreement and whether or not Bayside is in compliance with same. ,'A CAG:DB:L4:m CC 7-9-02 PH 02- 809 CITY OF MIAMI, FLORIDA NOTICE OF PUBLIC HEARING A public hearing will be held by the City Commission of the City of Miami, Florida on July 9, 2002 at 9:00 AM in the City Commission Chambers at City Hall, 3500 Pan American Drive, Miami, Florida, for the purpose of allowing representatives from Bayside Management to discuss its operations, including police, security, promotions, and the Minority Participation Agreement and whether or not Bayside Management is in compliance. All interested persons are invited to appear and may be heard concerning this matter. Should any person desire to appeal any decision of the City Commission with respect to any matter considered at this hearing, that person shall ensure that a verbatim record of the proceedings is made, including all testimony and evidence upon which any appeal may be based. (City Seal) (#10875) Priscilla A. Thompson City Clerk 02- 809