HomeMy WebLinkAboutItem #69 - Discussion ItemDIS'RICT 3
CITY OF MIAMI, FI
INTER -OFFICE MEN COMMISSIONER SANCHEZ
TO: Donald Warshaw DATE: April 1, 1999 �
• � � `� FILE
City Manager
SUBJECT: Agenda Item
Bobby Maduro Stadium
FROM: '04&eJoe Sanchez00
REFERENCES
Commissioner LOSU1.00
I respectfully request that the status of Bobby Maduro Stadium be discussed at
the next commission meeting on April 27'.
Thank you for your attention in this matter.
cc: Elvi Alonso, Agenda Coordinator
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Donald Warshaw
City Manager
1-000
Tomas Regalado
Commissioner
DIS"OUCT 3
CITY OF MIAd
INTER -OFFICE R COMMISSIONER SANCHEZ
DA T ki
SUBJECT:
March 24, 1999
Discussion Item
Please place an item on the agenda of the City Commission meeting to be held on April
27; 1999. This item is in reference to discussion about the future of the Manuel Artime
Theater.
Cc: Agenda Office
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CITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
TO: The Honorable Mayor and DATE : APR I 9 IM9 FILE:
Members of the City Commission
SUBJECT: Manuel Artime Theater
Discussion Item
FROM: DoVa1dLH0111W;i1a;r;_;_sh_a::;w7 REFERENCES: City Commission Meeting
City Manager 4/27/99
ENCLOSURES:
The following serves as a brief history of events related to the Manuel Artime Theater.
On March 20, 1997, the City Commission adopted Resolution No. 97-178 authorizing the City
Manager to sell the surplus City property located at 900 SW 1 Street, Miami, Florida (the
"Property"), commonly referred to as the Manuel Artime Theater. The Office of Asset
_ Management issued an Invitation to Bid which required a minimum bid of $420,000 which
amount was based upon an appraisal of the property. On June 30, 1998 the City received two
bids for the purchase of the above -mentioned property. The bids were from Ruach Ha Kodesh
and Iglesia Bautista Luz & Verdad in the amounts of $505,555.55 and $451,000.00,
-- respectively. Since only two bids were received, the City could not consummate a sale until
same had been approved by a majority of the votes cast by the electorate at a referendum. In
accordance with the Invitation to Bid, both bidders elected to withdraw their bids as opposed
to proceeding with the referendum process.
On July 30, 1998 the property was placed out to bid again and the City received two bids for
purchase of the property. The bids were from Iglesia Bautista Luz & Verdad and Mr. Randy
A. Tobie in the amounts of $520,000.00 and $493,147.00, respectively. Again, both bidders
elected to withdraw their bids as opposed to proceeding with the referendum process. Based
upon the previous bid response and new interests in the property, we placed this property out
to bid again.
On December 16, 1998 the property was placed out to bid and the City did not receive any
bids. However, two prospective bidders arrived a couple of minutes after the bid deadline but
due to their lateness the bids were not accepted. A third prospective bidder was unable to
complete the required documentation in time to present his bid.
The Office of Asset Management has received calls from two prior bidders that would like the
City to place this property out to bid again. They have also received a call from a new
interested party.
If the City Commission deems it to be in the best interest of the City to retain the Manuel
Artime Theater, a source of funds must be identified to fund the continued maintenance,
management and marketing of the property. Presently the Manuel Artime Theater and the
Community Center are budgeted collectively and the City has been subsidizing the operation
of the a two buildings. The current subsidy is approximately $200,000.
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Manuel Artime Disc 4-27.99.doc
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