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HomeMy WebLinkAboutR-91-0042J-91-45 12/21/90 RESOLUTION NO. 91- -- 42 A RESOLUTION APPROVING, IN PRINCIPLE, THE CONCEPT OF ACQUIRING MUNICIPAL LOT NO. 10 LOCATED AT APPROXIMATELY NORTHWEST 1ST AVENUE BETWEEN NORTHWEST 4TH STREET AND NORTHWEST 5TH STREET, MIAMI, FLORIDA, FROM THE DEPARTMENT OF OFF-STREET PARKING WITH THE INTENT TO LEASE SAID PROPERTY TO THE NEW WASHINGTON HEIGHTS COMMUNITY DEVELOPMENT CONFERENCE, INC. FOR THE DEVELOPMENT OF A HOTEL AND 400 SPACE PARKING GARAGE IN THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AREA SUBJECT TO THE TERMS SET FORTH HEREIN AND SUBJECT TO THE PREPARATION OF APPROPRIATE DOCUMENTATION ADDRESSING ALL OF THE CONCERNS OF THE CITY COMMISSION AS MAY HAVE BEEN STATED ON THE RECORD DURING THE CITY COMMISSION CONSIDERATION OF THIS ITEM ON THIS DATE AND FURTHER SUBJECT TO CITY COMMISSION REVIEW AND APPROVAL OF ALL DOCUMENTS PRIOR TO EXECUTION THEREOF. WHEREAS, on July 29, 1982 the Miami City Commission approved, in principle, the Southeast Overtown/Park West Community Redevelopment Plan by Resolution No. 82-755; and WHEREAS, the Miami City Commission also approved an amendment to the Southeast Overtown/Park West Community Redevelopment Plan on December 19, 1985 by Resolution No. 85-1247; and WHEREAS, the amendment to the Southeast Overtown/Park West Redevelopment Plan encourages land use elements for the continued growth of business, office, hotel, trade and residential development in Downtown Miami; and WHEREAS, in furtherance of said Redevelopment Plan, the Miami Department of Off -Street Parking initiated a unified development process for the development of Municipal Parking Lot No. 10 located at approximately Northwest 1st Avenue between Northwest 4th Street and Northwest 5th Street, Miami, Florida, as a mixed -use project including a hotel and parking garage and conditionally awarded the development rights to New Washington Heights Community Development Conference, Inc., for its State Plaza Project, which action the City, at its discretion, may wish to ratify and thus continue to consider New Washington Heights CITY COMMISSION MEETING OF JAN 10 1991 91- 42 ItUMUi100 0. Community Development Conference, Inc., as an eligible recipient of the City's future interest in the land to be acquired as set forth herein; and WHEREAS, Motion No. 90 -825, adapted on October 25, 1990 by the City Commission, strongly urged the Department of Off -Street Parking to make available to the City the land consisting of Municipal Lot No. 10 at its original cost, in support of the New Washington Heights Community Development Conference, Inc.'s (a non profit community based organization) hotel and parking garage project; and WHEREAS, the City Commission, after consideration of this matter, deems it advisable and in the best interest of the general welfare of the City of Miami to assist New Washington Heights Community Development Conference, Inc., as set forth herein; 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 concept, in principle, of the City acquiring title to Municipal Lot No. 10 from the Department of Off - Street Parking pursuant to the terms specified by the Department of Off -Street Parking Board at its November 7, 1990 meeting as follows: A. sale Price: $477,000 (original cost to Department of Off -Street Parking); B. annual payment to Department of Off -Street Parking for lost revenue in the amount of $80,000; and C. providing the Department of Off -Street Parking with a fee of twelve percent (12%) of gross revenues for exclusive management of the garage, for the purpose of leasing the said property to the New Washington Heights Community Development Conference, Inc. (a non profit community based organization) for the development of a hotel and 400 space parking garage located in the Southeast Overtown/Park West Redevelopment area, is hereby approved. - 2 - 91- 42 Section 3. The City Manager is hereby directed to negotiate and bring to the City Commission for its review and advance approval all of the documentation necessary to effectuate the above described transaction. This documentation shall include a lease to the New Washington Heights Community Development Conference, Inc. for the development of a hotel and parking garage at the municipal Lot No. 10 site, subject to the terms and conditions set forth in this Resolution. Section 4. The City Manager is hereby directed to reflect a in the lease provisions all of the concerns of the City Commission as may have been stated on the record during the City Commission's r consideration of this item on this date and also to provide therein that the City shall obtain a cash payment of $477,000 from the New i' Washington Heights Community Development Conference, Inc., at the a time of approval of said lease agreement by the City Commission. 3 Section 5. This Resolution shall become effective immediately upon its adoption pursuant to law. PASSED AND ADOPTED this 10th day of January _ 1991. ATTEST MATTY HIRAI, CITY CLERK LEGAL REVIEW BY: G. MIRIAM MAER CHIEF ASSISTANT CITY ATTORNEY APPROVED AS TO FORM AND CORRECTNESS: JO GE L. IF IF RNANDEZ CI Y ATT0 EY GMM:ra:Pl 47 AVIER L. SUAR11z, MAY 91- 42 - 3 - CITY OF MIAMI, FLORIDA 25 INTER -OFFICE MEMORANDUM To: Honorable Mayor and Members of the City Commission FROM Cesar H. Odi City Manager DATE : J A N - 2 1991 FILE : SUBJECT : Discussion Item - Acquisition of DOSP Owned Property for Lease to the New Washington Heights REFERENCES :Community Development Conference, Inc. (Agenda Item - City Commission ENCLOSURES :Meeting of January 10, 1991) The City Administration is hereby requesting concurrence from the City Commission pertaining to the attached resolution, approving in principle, the concept of the City of Miami's acquisition of property owned by the Department of Off -Street Parking (DOSP) with the intent to lease the property to the New Washington Heights Community Development Conference, Inc., for the development of a major hotel and parking garage, in the Southeast Overtown Park West Redevelopment Area subject, to any concerns and stipulations of the City Commission regarding the acquisition and disposition of the land which the Commissioners may express. On December 7, 1990, Mayor Xavier Suarez presented a request to the Board of the Department of Off -Street Parking (DOSP) that it agree to sell Municipal Lot No. 10 to the City of Miami at its acquisition cost (purchase price in 1950's), for the development of a major hotel and parking garage by the New Washington Heights Community Development Conference, Inc. (NWHDC). The DOSP Board approved the request with the following terms: • Sale price: $477,000 (purchase price in 1950's) • Annual payment for lost revenue: $80,000 Recovery fee for exclusive management of garage: 12 percent of gross revenue. (see attachment) Further, it is the Administration's understanding that it is the City Commission's intent to instruct the Administration to lease the property to NWHDC for $477,000. Attachment cc: Elbert L. Waters, Assistant Director Planning, Building & Zoning Department G. Miriam Maer, Chief Assistant City Attorney Law Department M. Schwartz, Executive Director Downtown Development Authority Jack Mulvena, Executive Director Department of Off -Street Parking George Knox, Esq. Kubicki, Draper, Gallagher and McGrane, P.A. 2..5 - / 91- 42 1305 MIAMI PAP,KING AUTH.' P-039 T gg3 P-002 DEC 19 '90 10:51 0 � = A.M I DARK I NC S'Y S"TEM OL'E'- S2`R�E�' PARK T �1G BdARl� MEETING DATE: December 7, 1990 190 N.E. Third Street PRESENT: Dianne Saulney Smith, Chairperson Wifredo Dort, Vice Chairperson Arthur Hertz Dr. Eduardo Padron Michael Kosnitzky ALSO PRESENT: John J. Mulvena, Executive Director Karen P. Wilson, Deputy Executive Director Harold J. Manage, Chief Financial Officer Ofelia Parajon-Pedraja, Executive Assistant for Community Relations Arthur Brawn, Director of Construction, Maintenance & Operations Albert Handuca, Controller Daniel Rosemond, Director of On -Street Operations Leona Bodie, Director of Employee and Customer Relations Nancy Skinner, Acting Managing Director, Gusman Center Cindy Semple, Employee/Customer Relations Representative Luz Lopez, Enforcement Officer Jorge. Fernandez, City Attorney Rafael Diaz, Chief Assistant City Attorney Miriam Maer, Chief Assistant City Attorney Dick Montalbano, Financial Advisor Sharon Brown, Coopers & Lybrand Edward Deppman, Coopers & Lybrand Dulce Gomez -Stevens, Coopers & Lybrand Bob Simms, Consultant Todd Leoni, Leoni Real Estate Corp. Michael Maxwell, Gusman Board Member Stephen Alicino, Property Owner Linda Rodriguez -Bernfeld, Miami Today Carmen Gonzalez, Secretary Patricia Weitzner, Executive Secretary The Chairperson called to order the meeting of the Off -Street Parking Board. 1-7. Items 1 through 7 have not been transcribed to date (12/18/90). 8. The Executive Director explained that staff made an earlier presentation to the Finance Committee (December 7, 1990 at 7:00 a.m.) regarding the State Plaza/Miami Arena Project. At the Finance Committee meeting, the Board discussed the proposed financial terms of the transaction as well as limiting risk to the Department, the possible retention of outside legal counsel to review ]. 2, 91-- 42 1 }Ci5 M I AMIkPAR►; I NG AUTH. R-039 T- P-0 a3 _DEC 19 ' 90 10: 52 ul• e •++ r YLW the transaction and.. indemnif ication of the Department by the City, Mr. Kosnitzky made a motion to accept, in principle, the sale of Municipal Lot No. 10 to the City of Miami. He further moved that the terms of the transaction include a vale price of $477,000; annual payments to the Department of Off -Street Parking of $80,000 for lost revenue, and that the Department manage the proposed State Plaza/Miami Arena garage for a management fee of 12 percent of gross revenue. Upon being seconded by Dr_. Padron, this motion was unanimously approved. The remaining items have not been transcribed to date. 91- 42 13 05 M I All;._. PARK. I NG AUTH. F-039 T- % P-004 DEC 19 '90 10:53 Nimicival Lot No.:10 Leffal Description Block 77 - North - Map of Miami (A.L. Knowlton) Lots 4, 5, 6, 7, 8, 9. 16, 17. 18, 19 and 20 Recorded in Plat Book 'B", Page 41, Public Records of Dade County, Florida v 91- 42