HomeMy WebLinkAboutR-01-0135J-01-129
2/5/01
C'
RESOLUTION NO. V "- 1 0 a 0
A RESOLUTION OF THE MIAMI CITY COMMISSSION
BY FOUR-FIFTHS (4/5TIS ) AFFIRMATIVE VOTE,
RATIFYING, APPROVING AND CONFIRMING THE CITY
MANAGER'S EXECUTION OF AN AGREEMENT, IN A
FORM ACCEPTABLE TO THE CITY ATTORNEY, WITH
LEGG MASON REAL ESTATE SERVICES, INC., FOR
THE PROVISION OF CONSULTING SERVICES ON
MATTERS CONCERNING FINANCING AND ECONOMIC
REVITALIZATION AS IT RELATES TO THE LOCATION
OF A PROPOSED MARLINS BALLPARK; ALLOCATING
AN AMOUNT NOT TO EXCEED $50,000 FROM ACCOUNT
NO. 001000.921002.6.270, FOR SAID PURPOSE.
WHEREAS, Motion 01-044, adopted by the City Commission on
January 11, 2001, authorized the City Manager to expend funds in
the amount not to exceed $100,000 to secure consulting services
related to the location and financing of a proposed Marlins
Ballpark in the City of Miami; and
WHEREAS, the City Manager has identified Stafford Sports
LLC ("Stafford") and Legg Mason Real Estate Services Inc.
("Mason") as the consulting team that has collaborative
experience and expertise for negotiating and structuring similar
sports facilities and business transactions across the nation;
and
CM COQ
MEETING Cr
FEB - 8 2001
Aeaolutioa No.
WHEREAS, Stafford played a major role in advising Broward
County in its negotiations for the National Car Rental Center as
the home of the Florida Panthers; and
WHEREAS, the financing that Stafford negotiated on behalf
of Broward County has yielded approximately $4 Million in
revenue annually for Broward County; and
WHEREAS, the City Commission wished to explore the
feasibility of construction of a facility similar to the
National Car Rental Center in the City of Miami and the
potential revenues it may generate; and
WHEREAS, Stafford identified Mason the as consultant
possessing the necessary expertise to augment the capacity of
Stafford in the representation of the City of Miami ("City");
and
WHEREAS, Stafford and Mason prepared a scope of services
that was acceptable to the City Manager; and
WHEREAS, Mason is able to acquire the required insurance
and provide the necessary indemnification for the City that
might otherwise be a challenge for Stafford; and
WHEREAS, the City, Mason and Stafford agreed that the
City's engagement of Mason as the principal and Mason's
engagement of Stafford as the sub -consultant would best service
the City's needs; and
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Page 2 of 4
WHEREAS, as time was of the essence, the City Manager
engaged Mason as the consultant;
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. By four-fifths (4/5 th, ) affirmative vote, the
City Manager's execution of an agreement, in a form acceptable
to the City Attorney!/, with Legg Mason Real Estate Services,
Inc., for the provision of consulting services on matters
concerning financing and economic revitalization as it relates
to the location of a proposed Marlins Ballpark, is ratified,
approved, and confirmed, with funds in an amount not to exceed
$50,000 allocated from Account No. 001000.921002.6.270, for said
purposes.
Section 3. This Resolution shall become effective
immediately upon its adoption and signature of the Mayor./
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 City Charter and Code
provisions.
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 3 of 4 F --
PASSED AND ADOPTED this 8th day of February 2001.
JOE CAROLLO, MAYOR
(n accordance with Miami Code Sec. 2-33, since the h4 yor did nct indicate approve( of
by ix in Me dee ignyd,71"�:"�
Te providcd, said legislaticn Fba^•w
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ATTEST:
WALTER J. FOEMAN
CITY CLERK
APPROVED AS TO RN
AN 'O VILARELLO
TY ATTORNEY
W5068:BSS
AND CORRECTNESS:&
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