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HomeMy WebLinkAboutR-01-0011J-01-28 01/10/01 RESOLUTION NO. A RESOLUTION OF THE MIAMI CITY COMMISSION APPROVING THE RECOMMENDATION OF THE CITY MANAGER TO SELECT THE FIRMS OF ERNST AND YOUNG, LLP ("ERNST") AND ABRAMSON AND ASSOCIATES, INC. (-ABRAMSON") TO PROVIDE REAL ESTATE CONSULTING SERVICES FOR THE DEVELOPMENT AND REDEVELOPMENT OF VARIOUS CITY -OWNED PROPERTIES FOR THE DEPARTMENT OF REAL ESTATE AND ECONOMIC DEVELOPMENT, ON AN AS -NEEDED BASIS, IN AN AMOUNT NOT TO EXCEED $45,000 FOR EACH FIRM, INCLUDING EXPENSES, FOR A TWO-YEAR PERIOD WITH THE OPTION TO EXTEND THE TERM FOR AN ADDITIONAL ONE-YEAR PERIOD; AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE PROFESSIONAL SERVICES AGREEMENTS, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, WITH ERNST AND ABRAMSON; FURTHER AUTHORIZING THE CITY MANAGER, TO NEGOTIATE AND EXECUTE AN AGREEMENT WITH THE NEXT RANKED FIRM, REAL ESTATE RESEARCH CONSULTANTS, INC., IN THE EVENT A FAIR, COMPETITIVE AND REASONABLE AGREEMENT CANNOT BE NEGOTIATED AND EXECUTED WITH ERNST AND ABRAMSON; ALLOCATING FUNDS FROM STRATEGIC RESERVE INITIATIVE FUNDS. WHEREAS, the City of Miami ("City") desires to explore the development and redevelopment potential of various City -owned properties; and WHEREAS, the City requires the assistance of qualified real estate consultant professionals for the analysis of development CITY COMMSSION MEETING OF A-�SQ.Uugn L" 01— 11 opportunities, preparation and positioning of sites as possible Unified Development Projects ("UDPS"), drafting of Request for Proposals ("RFP") documents for designated UDPS, and negotiation of future lease and development agreements; and WHEREAS, a Request For Qualifications was issued seeking individuals or firms qualified to provide real estate consulting services to the Department of Real Estate and Economic Development; and WHEREAS, ten (10) letters of qualifications were received on or before November 14, 2000; and WHEREAS, the City Manager has determined that the firms of Ernst and Young, LLP ("Ernst") and Abramson and Associates, Inc. ("Abramson") are the best qualified respondents, and that the utilization of two firms provides the expertise needed for the development or redevelopment of the City's assets; and WHEREAS, the City Manager will negotiate and subsequently execute an agreement with Ernst and Abramson, and WHEREAS, in the event negotiations are unsuccessful with either Ernst or Abramsom, the City Manager will negotiate and execute an agreement with the next ranked firm, Real Estate Research Consultants, Inc., to ensure the availability of required expertise throughout the development period; and WHEREAS, funds are available from Strategic Reserve Initiative Funds; Page 2 of 4 01 11 NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as if fully set forth in this Section. Section 2. The recommendation of the City Manager to select the firms of Ernst and Young, LLP ("Ernst") and Abramson and Associates, Inc. ("Abramson") to provide real estate consulting services for the development and redevelopment of various City -owned properties for the Department of Real Estate and Economic Development, on an as -needed basis, in an amount not to exceed $45,000 for each firm, including expenses, for a two-year period with the option to extend the term for an additional one-year period is approved, with funds allocated from Strategic Reserve Initiative funds. Section 3. The City Manager is authorized!' to negotiate and execute professional services agreements, in a form acceptable to the City Attorney, with Ernst and Abramson. Section 4. The City Manager is further authorize&2l to negotiate and execute an agreement with the next ranked firm, Real Estate Research Consultants, Inc., in the event a fair, 1� The herein authorization is further subject to compliance with all requirements that may be imposed by the City Attorney, including but not limited to those prescribed by applicable provisions of the City Charter and Code. z/ Ibid. Page 3 of 4 0 1 11 competitive and reasonable agreement cannot be negotiated and executed with Ernst and Abramson. Section 5. This Resolution shall become effective immediately upon its adoption and signature of the Mayor.3/ PASSED AND ADOPTED this 11th day of January 2001. JOE CAROLLO, MAYOR In F<i:C.�1. rdeance With Miami Coda —Qec. 2-33, since: the MsVor did no! ;"r,C [r;•.^ ,r r+.r, + i t�¢ in ec regarding same, without the W40i ATTEST: WALTER J. FOEMAN CITY CLERK APPROVE AS O 501 b T V R OJ EYRN 973 BSS CORRECTNESS:t Clerk ai If the Mayor does not sign this Resolution, the end of ten calendar days from the datelits waslpassed and effectivat e If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. Page 4 of 4 CITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO: The Honorable Mayor and Members of the City Commissioner > UA 1'ri •- , CA -10 DATE: JAN - 2 2001 FILE: SUBJECT: Resolution to Hire Real Estate Consultants REFERENCES: ENCLOSURES: Resolution RECOMMENDATION It is respectfully recommended that the City Commission approve the attached Resolution authorizing the City Manager to select the firms of Ernst and Young, LLP and Abramson and Associates, Inc. to provide real estate consulting services on an as needed basis to the Department of Real Estate and Economic Development. The legislation further authorizes the City Manager to negotiate and execute professional services agreements with the aforementioned firms, in an amount not to exceed $45,000 per firm, including expenses, for a two-year period with the option to extend the term for an additional one-year period. In the event that negotiations are not successful with either of the above-named firms, it is recommended that the City Manager be authorized to negotiate and execute an agreement with the next ranked firm, Real Estate Research Consultants, Inc. Funds for these services are available from Strategic Reserve Initiative Funds. BACKGROUND The Department of Real Estate and Economic Development requires real estate consulting services to assist with the development and/or redevelopment of various city -owned properties on an as needed basis. As in the past, such consultants will assist with the analysis of development opportunities, with the preparation and positioning of sites as possible Unified Development Projects ("UDP"), with the drafting of Request for Proposals ("RFP) documents for designated UDPs, and with the negotiation of future lease and development agreements. We have found these services to be essential for understanding the business environment and will provide staff with accurate information for decision-making. The Department issued solicitation letters to several firms specializing in this field and advertised in the Miami Daily Review. The City has deemed the selected consultants to be the best qualified of the ten (10) firms that responded. It has further determined that the utilization of two firms provides a greater depth and breadth of needed expertise, as is appropriate for the critical development or redevelopment of the City's assets. A standard professional services agreement is to be negotiated with each firm, with an upper limit of $45,000 per firm, including expenses, set as the total cost of each contract. Because of the on-going nature of the projects upon which the firms will advise the City, the contracts will run for two years, with an option for a one-year extension, subject to continued funding availability. In the event that negotiations are not successful with either of the above-named firms, it is recommended that the City Manager be authorized to negotiate and execute an agreement with the next ranked firm, Real Estate Research Consultants, Inc. CAGI /ARY1// J/pCLW�