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HomeMy WebLinkAboutR-02-1281J-02-960 11/25/02 RESOLUTION NO. () 2` i 2 8 1 A RESOLUTION OF THE MIAMI CITY COMMISSION AUTHORIZING THE CITY ATTORNEY'S CONTINUED ENGAGEMENT OF THE LAW FIRM OF GUNSTER, YOAKLEY & STEWART, P.A., TO RENDER LEGAL SERVICES CONCERNING THE LEASE AND DEVELOPMENT OF WATSON ISLAND BY FLAGSTONE PROPERTIES, LLC, IN AN AMOUNT NOT TO EXCEED $150,000 PLUS COSTS AS APPROVED BY THE CITY ATTORNEY; ALLOCATING FUNDS FROM CAPITAL IMPROVEMENTS PROJECT ACCOUNT CODE NO. 344102.239501.6.250, FOR SAID SERVICES. BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The City Attorney's continued engagement of the law firm of Gunster, Yoakley & Stewart, P.A. to render legal services concerning the lease and development of Watson Island by Flagstone Properties, LLC, is authorized, in an amount not to exceed $150,000 plus costs as approved by the City Attorney, with funds allocated from Capital Improvements Project Account Code No. 344102.239501.6.250, for said services. CUT COM OSMON MEEMG OF DEC 1 2 2002 +0 21-1 x°81 Section 2. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.!' PASSED AND ADOPTED this 12th day of December JANUEL A. DIAZ, MAYOR ATTEST: PRTeSCILLA A. THOMPSON CITY CLERK APPROVED T FORM AND CORRECTNESS: el - L O LARELLO T TTORNEY 66 11 : ROD/kdw:bss 2002. i If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. Page 2 of 2 02-1281 CITY OF MIAMI CITY ATTORNEY'S OFFI( MEMORANDUM TO: Mayor and Members of the City FROM: Alejandro Vilarello, City DATE: November 27, 2002 RE: City Commission Me, Financial review an/ concerning the lease Properties, LLC (J-02 CA -17 g — ecember 12, 2002 ir al for continued engagement of legal services development of Watson Island by Flagstone 9) The attached proposed Resolution seeks authorization for the continued engagement of the law firm of Gunster, Yoakley & Stewart, P.A., for legal services provided to the City of Miami concerning the lease and development of Watson Island by Flagstone Properties, LLC., in the amount of $150,000 plus costs as approved by the City Attorney. To date, numerous business and legal issues have been substantially narrowed and are reflected on the draft term sheet. - In addition, an agreement to Enter into a Lease and a Ground Lease have been drafted and transmitted to Flagstone. Negotiations will soon be in progress. Resolution No. 02-366, adopted April 11, 2002, approved the allocation of $200,000. The approval of this Resolution will bring the total amount to $350,000. Funds will be allocated from Capital Improvements Project Account Code No. 344102.239501.6.250, for said services. W776:kdw:BSS Attachment cc: Carlos A. Gimenez, City Manager Elvi G. Alonso, Agenda Coordinator 02-1281