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HomeMy WebLinkAboutR-94-0099n 4-94-143 - 2/8//94 J t !, i RESOLUTION NO. 914 - 99 A RESOLUTION AUTHORIZING THE CITY MANAGER TO NEGOTIATE A PROFESSIONAL SERVICES AGREEMENT, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY, WITH A REAL ESTATE CONSULTANT TO: (1) ASSESS i THE CITY'S REAL ESTATE HOLDINGS IN ORDER TO RECOMMEND A STRATEGY FOR MAXIMIZING THEIR x FINANCIAL AND SOCIAL RETURN TO THE CITY, AND (2) RECOMMEND A REAL ESTATE MANAGEMENT SOFTWARE TO BE UTILIZED BY THE CITY; FURTHER AUTHORIZING A FEE FOR SAID CONSULTANT, IN AN AMOUNT NOT TO EXCEED $50,000; DIRECTING THE CITY MANAGER TO BRING BACK THE NEGOTIATED CONTRACT FOR APPROVAL BY THE CITY COMMISSION; ALLOCATING FUNDS THEREFOR FROM SPECIAL PROGRAMS AND ACCOUNTS. ' i 4 WHEREAS, the City of Miami is the owner of approximately 600` parcels of real estate with various leases, permits and other E "agreements" pertaining to such properties; and WHEREAS, the City is desirous of creating an investment strategy for its real estate holdings in order to maximize the return to the City both financially and socially; and WHEREAS, the City would like to have an accurate assessment of its real estate holdings, including but not limited to, property charaoteristics, current disposition, the terms of the agreements" and the status of accounts receivable pertaining to such agreements; and CITY COMMISSION MFETWG OF FEB 17 1994 Remolution Na i 94- 99 j z a WHEREAS, the City of Miami is interested in standardizing I certain provisions of future "agreements" to the extent possible; and WHEREAS, the City of Miami is interested in hiring areal estate consultant in order to review the status of these parcels; 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 i Section. .j Section 2. The City Manager is hereby authorized �`� to negotiate a Professional Services Agreement, in a form acceptable to the City Attorney, with a real estate consultant to: (1) assess the City's real estate holdings in order to recommend a strategy for 'maximizing their financial and social return to the City, and (2) recommend a real estate management software to be utilized by the City and authorizing a fee, not to exceed- $50,000, for said consultant services, with funds therefor hereby allocated from Special Programs and Accounts. Section 3. The City Manager is hereby directed to bring back the negotiated contract for approval by the City Commission. Section 4. This Resolution shall become effective immediately upon its adoption. 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. -2- 94- 99 { "�+ ".,..; ...r ..... ... , :.."' " t l Ye{ J^� 7q1%4 �' D5'ib2 C 3i�1=•�" b PASSED AND ADOPTED this 17th day of February 1994. le, S PH EN P. CL RK, MAYOR is ATT MA TY HIRAT' CITY CLERK t PREPARED AND APPROVED BY: ti LTNDA K. EARSON r: ASSISTANT CITY ATTORNEY f APPROVED AS TO FORM AND CORRECTNESS: C t A •' . T T CITY ATTO EYS� i LKK:osk:M4155 } 94- gg —3—