HomeMy WebLinkAboutR-95-0653J-95-636
9/1/95
RESOLUTION NO. 9 " 653
A RESOLUTION, WITH ATTACHMENT, AUTHORIZING
THE DEPARTMENT OF OFF-STREET PARKING TO
CONSTRUCT AND OPERATE FORTY-SEVEN (47)
ON -STREET PARKING SPACES ON AVAILABLE PUBLIC
RIGHT-OF-WAY ON THE SOUTH SIDE OF S.W. 27
STREET WEST OF S.W. 22 AVENUE TO SERVE THE
PARKING NEEDS OF AREA BUSINESSES AND
VISITORS; FURTHER AUTHORIZING THE CITY
MANAGER TO ENTER INTO A PARKING AGREEMENT
BETWEEN THE CITY OF MIAMI, THE DEPARTMENT OF
OFF-STREET PARKING AND FINANCIAL DATA
,PLANNING CORPORATION, IN SUBSTANTIALLY THE
ATTACHED FORM, FOR THE USE OF FORTY (40)
ON -STREET PARKING SPACES IN SAID PARKING
AREA, MORE PARTICULARLY DESCRIBED IN EXHIBIT
A OF THE ATTACHED AGREEMENT.
WHEREAS, a shortage of parking spaces exists along the
business corridor in the general vicinity of U.S. 1 and S.W. 22
Avenue, Miami, Florida; and
WHEREAS, pursuant to Resolution No. 94-55, adopted January
27, 1994, the Department of Off -Street Parking and Metropolitan
Dade County were urged to expedite the creation of a surface
parking lot on vacant land located beneath the Metrorail in the
general vicinity of U.S. 1 and S.W. 22 Avenue, Miami, Florida;
and
WHEREAS, a site analysis of the vacant land located beneath
the Metrorail in the vicinity of S.W. 22 Avenue found the
property to be insufficient in size to accommodate surface
ATTACHMENIT ( )
:CITY COMUSSION
MEETING OF
S E P 1 4 1995
Resolution No.
95- 653
parking due to the particular placement of Metrorail columns at
this portion of Metrorail; and
I�
WHEREAS, sufficient right-of-way is available to accommodate
forty-seven (47) on -street parking spaces on S.W. 27 Street west
i
of S.W. 22 Avenue adjacent to the Metrorail property to serve the
S.W. 22 Avenue business and visitor parking needs; and
i
WHEREAS, Financial Data Planning, a lessee of an office
building located at 2140 S. Dixie Highway, is in need of
additional parking spaces within the area; and
WHEREAS, Financial Data Planning Corporation desires to
enter into a parking agreement with the City of Miami and the
Department of Off -Street Parking for the use of forty (40) on -
street parking spaces in the area to be developed, subject to the
terms and conditions set forth in the parking agreement in
substantially the attached form;
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 hereby adopted by reference
thereto and incorporated herein as if fully set forth in this
Section.
Section 2. The Department of Off -Street Parking is
hereby authorized to construct and operate forty-seven (47) on -
street parking spaces on available right-of-way on the south side
of S.W. 27 Street west of S.W. 22 Avenue to serve the parking
needs of area businesses and visitors.
2-
95- 653
Section 3. The City Manager is hereby authorized to
enter into a parking agreement, in substantially the attached
form, between the City of Miami, Department of Off -Street Parking
and Financial Data Planning Corporation, for the use of forty
(40) on -street parking spaces in said area, more particularly
described in Exhibit A of the attached agreement.
Section 4. This Resolution shall become effective
immediately upon its adoption.
PASSED AND ADOPTED this 14th
ATT ST:
WALTE J. FOEMAN
CITY CLERK
PREPARED AND APPROVED BY:
OLG RAMIREZ-SE AS
ASSISTANT CITY ATTORNEY
APPROVED AS TO FORM AND CORRECTNESS:
A.. NN1#0 ES, I I
CI ATT Y
W303:csk:ORS
3-
day of September , 1995
STEP EN P. CLA K, MAYOR
95- 653
PARKING AGREEMENT
THIS PARKING AGREEMENT (the "Agreement") is entered into this day
of , 1995 by and among the CITY OF MIAMI, a municipal corporation (the
"City"), DEPARTMENT OF OFF-STREET PARKING OF THE CITY OF MIAMI, an
agency of the City of Miami, Florida (the "Department"), with a mailing address of 190
N.E. 3rd Street, Miami, Florida 33132, and FINANCIAL DATA PLANNING
CORPORATION, a Florida corporation ("FDP"), with an address of 2140 S. Dixie
Highway, Miami, Florida.
WITNESSETH:
WHEREAS, the City is the owner of a public right-of-way located on the south
side of S.W. 27th Street, west of S.W. 22nd Avenue, Dade County, Florida, being more
particularly described in Exhibit "A" attached hereto (the "Parking Area"); and
WHEREAS, FDP is the Lessee of an office building located at 2140 S. Dixie
Highway ("FDP's Property") and is in need of additional parking spaces to service the
parking needs of its employees, invitees, agents and the like; and
WHEREAS, the City is willing to allow the Department to construct forty-seven
(47) on -street parking spaces at the Parking Area (the "Project"), and the Department is
willing to do so, subject to the terms and conditions set forth herein;
WHEREAS, the parties desire to enter into this Agreement in order to set forth in
writing their mutual agreement with respect to the Project and the Parking area.
NOW, THEREFORE, for and in consideration of the sums to be paid the
Department by FDP, and in consideration of the covenants herein to be kept and
95- 653
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' performed, the City, the Department and FDP agree that the foregoing recitals are true
and correct and further agree as follows:
1. Construction. The City hereby authorizes the Department and the
Department hereby agrees to construct the Project in accordance with the plans and
specifications attached hereto as Exhibit `B" and all applicable federal, state and local
governmental regulations, codes, requirements and ordinances, including without
limitation the requirements of the Dade County Public Works Traffic Engineering
Department and the City of Miami Public Works Department. The Department has
obtained, or prior to development will obtain, all licenses, permits and approvals required
to commence, prosecute and complete the construction of the Project. All work
performed by the Department shall be done in a good and workman -like manner and in
substantial accordance with the attached plans.
2. Construction Costs: Estimated Completion: The Department agrees to
construct the Project at its sole cost and expense which the Department and FDP estimate
to be $72,000.00 as reflected on the "Project Cost Breakdown" attached hereto as Exhibit
"C" (the "Project Cost"). The Department shall make good faith efforts to complete the
Project and deliver possession of the Parking Area for FDP's use within 12 months
following the Effective Date of this Agreement, as the term is defined in paragraph 20
below. If, however, the Department is unable to deliver possession of the Parking Area on
or before 18 months following the Effective Date, for reasons other than force majeur,
then FDP may, at its option, upon ten (10) days prior written notice to the Department,
cancel this Agreement. If this Agreement is canceled as set forth in this paragraph, the
ETMOUORSDAOC 2
95- 653
Department and FDP shall each be released and discharged. from any and all liability
arising under or as a result of this Agreement.
3. Comnensation. In consideration of the Department's construction of the
Project and the rights granted to FDP hereunder, FDP agrees to pay to the Department an
amount equal to the actual amount of Project Cost, which shall not exceed 5% of the
estimated Project Cost of $72,000 attached hereto as Exhibit "C". Provided FDP is not in
default hereunder, the Department shall allow FDP to pay the compensation over a period
of eighty-four (84) months, in equal monthly installments. The first payment of
Compensation shall be due on the Commencement Date. Thereafter, each payment of
Compensation shall be due on the first day of each month during the initial term hereof. In
the event this Agreement is terminated for any reason whatsoever (excepting only
termination under paragraph 2 above or as otherwise provided in paragraph 19 below),
then the amount of unpaid compensation shall immediately become due and payable.
4. Term/Option to Extend Use Fee: The Term of this Agreement shall be
seven (7) years commencing on the earlier of (i) fifteen (15) days following the date that
the Department shall have completed its work and delivered possession of the Parking
Area to FDP, or (ii) the date that FDP shall commence using the Parking Area for the
purposes set forth herein subject to the terms of this Agreement (the "Commencement
Date"). Provided FDP is not in default hereunder, FDP shall have the option to extend the
term for five (5) additional terms of one (1) year each by giving written notice to the
Department of its decision to do so not later than two (2) months prior to expiration of the
immediately preceding term ("Notice of Exercise"). Within thirty (30) days following its
ET:W0020RS.DOC 3
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receipt of FDP's Notice of Exercise, the Department shall notify FDP of the fee required
to be paid by FDP to the Department for the right to use the Parking Spaces during any
extended term (the "Use Fee"). FDP shall have a period of thirty (30) days following its
receipt of the Department's notice in which to cancel its option, otherwise, FDP shall be
deemed to have agreed to pay the required Use Fee during the extended term. The
Department agrees that the amount of the Use Fee applicable to any extended term shall
be consistent with the fees charged by the Department for the use of comparable Parking
Spaces for a comparable period of time.
5. Use. The Department grants FDP the right to use forty (40) spaces in the
Parking Area, during normal business hours, during the term hereof (the "FDP Parking
Spaces" ), subject to all applicable local and state laws, and regulations, and all applicable
rules and regulations of the Department. The FDP Parking Spaces will be used and
occupied only for automobile parking of FDP, tenants of FDP's Property, and the
employees, invitees and agents of all such parties. The Department shall issue to FDP
forty (40) parking decals on a semi-annual basis to evidence FDP's right to use the
Parking Spaces. During the term of this Agreement, the Department shall have the right
to issue parking decals to other parties for the parking spaces in the Parking Area other
than the FDP Parking Spaces. The Department shall maintain the Parking Area as parking
for the entire term of this Agreement.
6. Assignment. FDP may, with the prior written consent of the Department,
(i) assign its rights under this Agreement as part of a sale or lease of all of the FDP
Property (to a third party or as a result of a corporate merger, sale or consolidation), or
ET:W0020RS.DOC 4
95- 653
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(ii) pledge its interest in this Agreement in connection with and as part of, the financing of
the FDP Property. In the event any mortgagee of the FDP Property forecloses against the
Property, obtains a deed in lieu of foreclosure or otherwise obtains title to the FDP
Property through the enforcement of its mortgage or otherwise, then said mortgagee shall
succeed to the interest of FDP hereunder. Any authorized assignee of or successor in
interest to, FDP under this Agreement shall execute such documents as may be reasonably
required by the Department to evidence its assumption of all of FDP's rights and
obligations under this Agreement. Notwithstanding anything herein to the contrary FDP
shall not assign or pledge its interests hereunder in part nor shall FDP's interest under this
Agreement be assigned, conveyed or pledged separate, apart or independent from its
interest in the FDP Property.
7. Compliance'With Lawns. FDP shall use the FDP Parking Spaces and the
Parking Area in compliance with all applicable laws and ordinances, and all rules and
regulations of the Department, as the same may be amended from time to time,
8. Maintenance and Repairs. During the term hereof, the Department shall
maintain in good and clean condition the parking surfaces, landscaping, striping and curbs
in the Parking Area.
9. Default/Late Fee. If FDP shall fail to make any payment due hereunder
on the date such payment is due, or if FDP fails to comply with any other term or
condition set forth in this Agreement, then FDP shall be in default. Upon a determination
by a Department that a default has occurred, the Department shall give written notice to
FDP specifying the event of default and providing a period of thirty (30) days from th ate
ET: W0020RS.DOC 5
0
of the notice in which to cure it. If FDP has not cured the default within the cure period
then the Department, in addition to other remedies, shall have the right to terminate this
Agreement by giving at least fifteen (15) days prior written notice to FDP of such
termination. FDP understands and agrees that termination of this Agreement under this
section shall not release it from obligations accruing prior to the effective date of
termination. FDP further agrees that upon termination of this Agreement all unpaid
installments of Compensation under Section 3 hereof shall become immediately due and
payable.
10. Limitations on Responsibilities: FDP acknowledges that the City has no
liability or responsibilities whatsoever in connection with this Agreement and that the
Department's responsibilities hereunder are limited to (i) construction of the Project, and
(ii) providing regular maintenance of the Parking Area, all as specifically provided in this
Agreement. FDP further acknowledges that neither the Department nor the City shall be
responsible for providing security nor any other services to the Parking Area.
11. Termination of Agreement. In the event this Agreement is terminated in
accordance with its terms, FDP shall pay the Department all sums due up to the date of
termination; provided, however, that if termination occurs prior to the Department
receiving full payment of Compensation, in addition to all sums due by FDP up to the date
of termination, FDP shall pay the Department the total unpaid amount of such
Compensation (except as provided in paragraph 19 below).
12. Legal Expenses. If it should become necessary for either party to enforce
any covenant, agreement or condition of this Agreement by legal action or to employ an
ET:W0020RS.DOC 6
95- 653
attorney for collection of any money due hereunder, the prevailing party shall be entitled
to reasonable attorney's fees, court costs and other costs of such proceeding as
determined by the court.
13. No Waiver. Each party hereto agrees that the failure of the other party in
one or more instances to insist upon strict performance or observance of one or more of
the covenants, agreements or conditions set forth herein, or failure to exercise any remedy,
privilege or option herein conferred upon such other party, shall not operate or be
construed as a relinquishment or waiver for the future right to enforce such covenant,
agreement or condition or to exercise such privilege, option or remedy, but the same shall
continue in full force and effect.
14. Department's Representations and Warranties. The Department
hereby warrants and represents to, and covenants and agrees with, FDP that the
Department is an agency of the City of Miami, Florida, with full power and authority to
enter into this Agreement and to assume and perform all of its obligations hereunder. This
Agreement is a valid and binding obligation of the Department, enforceable against the
Department in accordance with its terms.
15. FDP's Representation. FDP hereby warrants and represents to, and
covenants and agrees with, the Department that FDP is a corporation validly existing and
in good standing under the laws of the State of Florida, with corporate power and
authority to enter into this Agreement and perform its obligations hereunder. This
Agreement is a valid and binding obligation of FDP, enforceable against FDP in
accordance with its terms.
ET: W002ORS.DOC
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16. Notice. Whenever the Department or FDP are obliged to give notice to
the other, such notice shall be in writing and shall be given personally or by prepaid
certified mail (return receipt requested), in which latter case notice shall be deemed
i
effectively made when the receipt is signed or when the attempted initial delivery is
refused or cannot be made because of a change of address of which the sending party has
not been notified. Until the designated addresses are changed by notice given in
accordance with this paragraph, notice to either party shall be sent to the respective
address set forth on the first page of this Agreement.
17. Invalid Provision. In the event any provision of this Agreement shall be
adjudged, decreed, held or ruled to be invalid, it shall not invalidate or impair the
Agreement as a whole or any other provision of this Agreement.
18. Entire Agreement. The Department and FDP agree that this Agreement
contains the entire agreement between them and it may be modified only by an agreement
in writing, executed by the Department and FDP (or the then fee owners of the Parking
Area and FDP Property), with the same formalities as this Agreement.
19. Cancellation. Upon full payment of the total of Compensation, FDP may
{ cancel this Agreement at anytime upon not less than sixty (60) days notice to the
Department. The Department and/or the City may cancel this Agreement at any time after
construction of the Project has been completed upon no less than sixty (60) days written
notice to FDP. In the event the City or the Department elect to cancel this Agreement
pursuant to this section FDP shall be released from the payment of installments of
Compenation becoming due after the effective date of termination.
ET:W0020RS.DOC
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20. Effective Date. The Effective Date shall be the later of the date on which
this Agreement is fully executed or the date that this Agreement is approved by the
Commission of the City of Miami.
21. Time of Essence. It is understood and agreed that time is of the essence in
the performance of all the covenants and conditions of this Agreement.
22. Governing Law. This Agreement is to be governed under and construed
according to the laws of the State of Florida.
23. NonDiscrimination. FDP agrees that it shall not discriminate as to race,
color, sex, religion, age, handicap, marital status or national origin, in connection with its
performance under this Agreement. Furthermore, that no otherwise qualified individual
shall, solely by reason of his/her race, color, sex, religion, age, handicap, marital status or
national origin by excluded from the participation in, be denied benefits of, or be subjected
to discrimination under this Agreement.
24. Conflict of Interest. FDP is aware of the conflict of interest laws of the
City of Miami (City of Miami Code Chapter 2, Article V), Dade County, Florida (Dade
County Section 2-11.1) and the State of Florida, and agrees that it will fully comply in all
respects with the terms of said laws. FDP covenants that no person under its employ who
presently exercises any function or responsibilities in connection with this Agreement has
any personal financial interests, direct or indirect, in this Agreement. FDP further
covenants that, in the performance of this Agreement, no person having such conflicting
interest shall be employed. Any such interests on the part of FDP or its employees, must
be disclosed in writing to the City.
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25. Award of Agreement. FDP warrants that it has not employed or retained
any person employed by the City or the Department to solicit or secure this Agreement
and that it has not offered to pay, paid, or agreed to pay any person employed by the City
or the Department any fee, commission percentage, brokerage fee, or gift of any kind
contingent upon or resulting from the award of this Agreement.
26. Counterparts. This Agreement may be executed in any number of
counterparts and by the separate parties hereto in separate counterparts, each of which
when taken together shall be deemed to be one and the same instrument.
27. Construction. The section headings contained in this Agreement are for
reference purposes only and shall not affect the meaning or interpretation hereof. All of
the parties to this Agreement have participated fully in the negotiation of this Agreement,
and accordingly, this Agreement shall not be more strictly construed against any one of the
parties hereto. In construing this Agreement, the singular shall be held to include the
plural, the plural shall be held to include the singular, and reference to any particular
gender shall be held to include every other and all genders.
28. Citv's Execution. The parties understand and acknowledge that the City
executes this Agreement only to signify its approval to the Department's construction of
the Project and assumes no liability or responsibility whatsoever to any other party by
execution hereof.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement, the
day and year first above written.
ETM0020RS.DOC 10
*1a— Ca
Signed, sealed and delivered in
the presence of these witnesses
DEPARTMENT OF OFF-STREET
PARKING OF THE CITY OF MIAMI,
an agency of the City of NVlian-d, Florida
Witness: BY:
Print Name: Name:
Title:
Witness:
Print Name:
Signed, sealed and delivered in
the presence of these witnesses
Witness:
Print Name:
Witness:
Print Name:
Signed, sealed and delivered in
Witness:
Print Name:
Witness:
Print Name:
ETM0020RS.DOC
(CORPORATE SEAL)
FINANCIAL DATA PLANNING
CORPORATION, a Florida corporation
BY:
Name:
Title:
(CORPORATE SEAL)
CITY OF MIAMI, a municipal
corporation
BY:
Name:
Title:
II
(CORPORATE SEAL)
WE
95"- G 5 3
STATE OF FLORIDA )
ss:
COUNTY OF DADE )
The foregoing instrument was acknowledged before me this day of ,
1995 by as of the
DEPARTMENT OFF-STREET PARKING OF THE CITY OF WANE, a municipal
corporation on behalf of the department. He/she/they personally appeared before me,
is/are personally known to me or produced as identification.
Notary:
Print Name:
Notary Public, State of Florida
My commission expires:
STATE OF FLORIDA )
ss:
COUNTY OF DADE )
The foregoing instrument was acknowledged before me this day of ,
1995 by as of FINANCIAL DATA
PLANNING CORPORATION, a Florida corporation, on behalf the corporation.
He/she/they personally appeared before me, is/are personally known to me or produced
as identification.
ETMOMORSDOC
Notate:
Print Name: --
Notary Public, State of Florida
My commission expires:
12
.;r- 65 3
EXHIBIT "A"
Parking Area Description
Approximately 1150 linear feet of City -
owned public right-of-way on the south
side of S.W. 27 Street bounded on the
east by S.W. 22 Avenue and on the west
by S.W. 24 Avenue, Miami, Florida
A-1 21 - 653
EXHIBIT "B"
Plans & Specifications
ti
4
'gyp
wo 2.6 .
PRO= NAM
PARKING SYSTEM
S.W. 27th STREET
PARKINGSPIFFY 711LEJAMQ®
PLAN
AYLWA6aD 6 A®80R�r 'IND.'AMI
�ea`.8"
®�� UM•'�`�
$27-Z71•
2
tDAYEL-
:(5")
No.: 64-132
•
C;3
EXHIBIT 11B11 Cont' d.
LEGEND
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IQ ats IOGomww
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.f .." NNW 11sst now alit y mm
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nNlrwae. slNNn., eN Nn111N11w of Q
1.
D.
a.
4
SW .27 STREET
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a..Is welfl►MINa to N 1. N.ero►N. with '{b.
sW INI IN.r1N 6104448Y IN Melea w iwlw
all •Yare—i4 INI.11./1•N t. N .•r111N by e
trl•r 1• .w.N•N.1 .1 un• a.11eee e.. am —
hN.ref NNr Nell N Howl►U Ur 4NN U
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N rM.IrNN N N..y.11M
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111 MNIINI. NLd.I 1. N fr••aN It" all
an.. .N rulNef ellk w.el.►le 1sN took
.wtrarllN.
arq. .11 Na• .N ..t .41 an1a.N tloN
loo.N.00lw oo NNwn.
Ms al..ellw plu {. all► M slost Shim.
Igovo .a oo of•u►.1nw en off city of ■1l
nlll..•
µa{Iw a west• on to Ln .l sub.
EXHIBIT "B" Cont'd.
1 NWua. dr WWWaa ore m W.W. @Ulm NS
a.wM na Nn M .w....r Na e. 000a
N l ievow moll mb to 00"m OWN OWNS
as /F aaoo! aMR
ROSS SUMN•-LOFT. ST89M
x,NIMICUT OF Ou" Ww"
OTT or IrI114 FIAROII
f" aNl
a AFC AON/. S'Xdlr_ .
am k/ ♦o pDv de 17=6' of FAW- O
. Soon Edys of7bvemon[, &Ass. Ara
and I.afa.,41A( oo nnoewa aA P.W.
of ,VIQ,m Lkta,/ 36-04-0.
714r
NEV CONSTRUCTION
.Iraon aa.a..NNS Nw
NW.w uN..s... w.r • .. a ..wNaA
A 1.11a...a.Y 1 M aM
D/sa�3c.:0 IiORrI/u Lk7F/L
. u.T"•5.
WUl 1. NIOAILOD 06-O " FAMIMI &PAM OwAI r It'
NIK p" LOCATOO a "a LUT MAD D"D S
a[ MAT a-TKM.
D. M Lr O w6w.p ►AMINO mos IMT am" ! "Mmm
ICON Alas.
D. a" RAW$ COMECTINI roe AXOtO Aoa.O TD TOT
NIOTNALN auu COFLT slim UK CaI11T
PALIe N o OTA MM.
I. ILL DIlYLOD FA :Ml SPUSS MOT N 11111160 AO
NANOW IM ACCAIDUCS slTN TK DTA DAMI AIDIITD
Of "M N.w.T.O.O. Ao N.O.F.N.
O. A $Sl tC AITLO OM PIS VA AIT aLT t MATOO
MAN IMNDIATOLT IN Fran or A music I slllasuo
FAMIN PAY aI KnUM TO DIOALW FAMIIN pA7i.
F10.4.
an
_Ai
Survey
Design
Specs & Bid Process
Blueprint & Advertising
Construction (*)
Const. Insp. & Management
Testing
Subtotal
Indirect
costs
TOTAL
$1,200
$3,600
$500
$1,000
$600000
$4,200
$71,000
$1.000
$72"000
(*) Construction Cost Estimate
New Pavement (8" base & 1" asph.) (936 s.y. @ $15.00 $14,040
New Sidewalk (5,625 s.f. @ $2.50 -) $14,038
New Curb & Gutter (1,123 f. @ $15.00 a) $16,645
New Solid Sod (7,875 s.f. @ $1.00) $7,875
Convert Type "A" M.H. to C.B. (2 @ $400.00 $800
Paint Striping $2,000
Signage for Handicap Stalls $400
contingencies $ 4,000
Batinated Construction Cost $59,998
•M1M�1Y gll{.0 �.t/ OOf �
C-1 95- 653
CITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM l
To: Honorable Mayor and Members DATE:
of the City Commission
SUBJECT
FROM : Ces to REFERENCES:
CitUP r
ENCLOSURES:
RECOMMENDATION
SEP - 5 1995 FILE :
Resolution/Development of
On -Street Parking at S.W.
22 Ave.
For Commission Meeting of
September 14, 1995
It is respectfully recommended that the City Commission adopt the
attached Resolution authorizing the Department of Off -Street
Parking to construct and operate forty-seven (47) on -street
parking spaces in the vicinity of U.S. 1 and S.W. 22 Avenue and
further authorizing the City and Department of Off -Street Parking
to enter into a parking agreement with Financial Data Planning
Corporation for the use of forty (40) of the on -street spaces to be
developed in the area.
BACKGROUND
On January 27, 1994, the City Commission adopted Resolution No. 94-
55 urging the creation of a surface parking lot underneath the
Metrorail in the general vicinity of U.S. 1 and S.W. 22 Avenue to
alleviate the shortage of parking spaces. The placement of
Metrorail columns at this section of the line does not leave
sufficient vacant land to develop the requested parking. Sufficient
right-of-way is however available adjacent to the Metrorail on S.W.
27 Street west of S.W. 22 Avenue to accommodate the construction of
47 on -street parking spaces to serve the area businesses.
Financial Data Planning (FDP), a lessee of an office building
located at 2140 S. Dixie Highway, is in need of additional parking
spaces and desires to enter into a parking agreement to use 40 of
the spaces to be developed. FDP has agreed to pay the actual
project costs of construction back to Off -Street Parking over a
period of 7 years through participation in a parking decal program
for its employees and visitors.
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