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Home My WebLink AboutR-91-0518-91-512 /11/91 RESOLUTION NO. it :1 - 51 8 A RESOLUTION, WITH ATTACHMENT, CALLING AND PROVIDING FOR A SPECIAL MUNICIPAL ELECTION TO BE HELD SEPTEMBER 3, 1991, FOR THE PURPOSE OF SUBMITTING TO THE QUALIFIED ELECTORS OF THE CITY OF MIAMI, FLORIDA, FOR THEIR APPROVAL OR DISAPPROVAL OF THE CITY'S ENTERING INTO A LEASE AGREEMENT WITH BAYSIDE SEAFOOD RESTAURANT AND BREWPUB PARTNERSHIP TO OPERATE A RESTAURANT, BREWERY AND MARINE -RELATED RETAIL FACILITY ON CITY -OWNED WATERFRONT PROPERTY OF APPROXIMATELY 2.88 ACRES LOCATED ADJACENT TO AND IMMEDIATELY WEST OF MIAMI MARINE STADIUM ON THE SOUTHERLY SHORELINE OF THE MARINE STADIUM BASIN, MIAMI, FLORIDA, MORE COMMONLY KNOWN AS THE "VIRGINIA KEY BASIN PROPERTY", SUBJECT TO BAYSIDE SEAFOOD RESTAURANT AND BREWPUB PARTNERSHIP MAKING A CAPITAL AND EQUIPMENT INVESTMENT OF NO LESS THAN $2 MILLION AND PAYING TO THE CITY A MINIMUM ANNUAL RENT OF $200,000 PER YEAR FOR A TERM NO LONGER THAN 20 YEARS WITH AN OPTION TO RENEW SAID LEASE FOR TWO ADDITIONAL TERMS OF FIVE YEARS EACH AND SUBJECT TO SUCH ADDITIONAL REQUIREMENTS, IF ANY, AS MAY BE DETERMINED BY THE CITY COMMISSION; DESIGNATING AND APPOINTING THE CITY CLERK AS THE OFFICIAL REPRESENTATIVE OF THE CITY COMMISSION WITH RESPECT TO THE USE OF VOTER REGISTRATION BOOKS AND RECORDS; FURTHER DIRECTING THE CITY CLERK TO CAUSE A CERTIFIED COPY OF THE HEREIN RESOLUTION TO BE DELIVERED TO THE SUPERVISOR OF ELECTIONS OF METROPOLITAN DADE COUNTY, FLORIDA, NOT LESS THAN 45 DAYS PRIOR TO THE DATE OF SUCH SPECIAL MUNICIPAL ELECTION. WHEREAS, on September 14, 1989, by Resolution No. 89-804, the City Commission determined that the development of approximately 2.88 acres of City -owned, waterfront property located adjacent to and immediately west of Miami Marine Stadium more commonly known as Virginia Key Basin, Miami, Florida, would best be accomplished by the Unified Development Project process for a Restaurant with ancillary marine -related retail uses; and WHEREAS, on June 7, 1990, by Resolution No. 90-499, the City Commission authorized the issuance of a Request for Unified �+ Development Proposals for a Restaurant with marine -related retail and recreation uses at Virginia Key Basin, selected a certified ' ATTACH laIVIENTS i CONTAIN"ED +CITY C010=3I0N -, MM"MGr OF JUL 11 1991 1— 5i public account firm and appointed members of a Review Committee to evaluate the proposals as their duties are prescribed by local law; and WHEREAS, the Request for Unified Development Proposals for Virginia Key Basin was issued on June 21, 1990, and contained specific evaluation criteria to be used by the certified public accounting firm and the review committee; and WHEREAS, one proposal was received by the City in response to the Request for Unified Development Proposals on September 21, 1990, the published date for recaipt of proposals; and WHEREAS, the certified public accounting firm rendered its written report to the City Manager analyzing the proposals based on the financial viability of the proposed development team, its proposed financial strategies, and assessed comparatively, the short and long-range economic and fiscal return to the City and evaluated the economic feasibility of the proposed development; and WHEREAS, the Review Committee received the presentation of the proposer and, after extensive analysis and discussion of the one proposal, rendered a written report to the City Manager containing an evaluation of the proposal based on the specific evaluation criteria in the Request for Proposals that included the experience of the development team including, without limitation, experience on similar projects, the capability of the development team, the proposer's financial capability and level of financial commitment, the financial return to the City, overall project design and extent of minority participation; and WHEREAS, the City Manager, after taking into consideration the findings of the certified public accounting firm, those of the evaluation of the Review Committee, including personal interviews conducted with the proposer, is recommending the selection in principle of the following proposal: Bayside Seafood Restaurant, Inc. and Virginia Key Marina, Inc.; and 91-- 518 -2- WHEREAS, in accordance with the City's Unified Development Project process outlined in Charter Section 29-A(c) and Code Section 18-52.9, the City Manager has transmitted to the City Commission his recommendations including the written reports, from the aforementioned certified public accounting firm and Review Committee; and WHEREAS, on April 11, 1991, by Resolution No. 91-276, the City Commission authorized the City Manger to negotiate a lease agreement with Virginia Key Marina Associates, Inc. and Bayside Seafood Restaurant, Inc. the partners comprising Bayside Seafood Restaurant and Brewpub Partnership including certain terms and conditions and requiring the City Manager to present the negotiated lease agreement to the City Commission for consideration and approval by the Commission prior to execution of said agreement; and WHEREAS, the City Attorney determined that additionally the lease agreement would require approval of the electorate of the City of Miami prior to execution of said agreement; and WHEREAS, the City Commission finds that the proposed lease is in the best interest of the public and directs that a special municipal election be held to allow the voters an opportunity to approve or disapprove the proposed lease agreement; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. In accordance with the provisions of the City Charter (Chapter 10847, Laws of Florida, 1925, as amended), a special municipal election is hereby called and directed to be held in the City of Miami, Florida, from 7:00 A.M. until 7:00 P.M. on Tuesday, September 3, 1991, for the purpose of submitting to the qualified electors of the City of. Miami for their approval or disapproval of the City Manager's authorization to execute a IIlease agreement with Bayside Seafood Restaurant and Brewpub Partnership to operate a restaurant, brewing and marine -related retail facility on City -owned waterfront property of approximately 2.88 acres located adjacent to and immediately west -3- 91- 51.8 V ih of Miami Marine Stadium on the southerly shoreline of the Marine Stadium Basin, Miami, Florida, more commonly known as the "Virginia Key Basin Property", making a capital and equipment investment of no less than $2 million and paying to the City a minimum annual rent of $200,000 per year for a term no longer than 20 years with two options to renew said lease for an additional term of five years on each option with said lease being subject to such additional requirements, if any, as may be determined by the City Commission. Section 2. Said special municipal election shall be held at the voting places in the precincts designated, all as shown on the list attached hereto and made a part hereof and referred to as Exhibit No. 1, or as may be designated by the Supervisor of Elections of Metropolitan Dade County, Florida, in conformity with the provisions of the general laws of the State. The Precinct Election Clerks and Inspectors to serve at said polling places on said election date shall be those designated by the Supervisor of Elections of Dade County for such purpose in accordance with the general laws of the state. A description of the registration books and records which pertain to election precincts wholly or partly within the City and which the City is hereby adopting and desires to use for holding such special municipal election is as follows: all registration cards, books, records and certificates pertaining to electors of the City of Miami and established and maintained as official by the Supervisor of Elections of Dade County, Florida, in conformity with the provisions of the general laws of the State of Florida, are hereby adopted and declared to be, and shall hereafter be recognized and accepted as, official registration cards, books, records and certificates of the City of Miami. Section 3. In compliance with Section 100.342, Florida Statutes, the City Clerk is hereby authorized and directed to publish notice of the adoption of the herein resolution and of the provisions hereof, at least twice, once in the fifth week and J1.-- 518 -4- once in the third week prior to the week in which the aforesaid special municipal election is to be held, in newspaper(s) of general circulation in the City of Miami, Florida, which notice shall be substantially in the following form: "NOTICE OF SPECIAL MUNICIPAL ELECTION TO BE HELD ON TUESDAY, SEPTEMBER 3, 1991 IN THE CITY OF MIAMI, FLORIDA PURSUANT TO RESOLUTION NO. 91-518 A special referendum election will be held on Tuesday, September 3, 1991, from 7:00 A.M. until 7:00 P.M. in the City of Miami, Florida, at the polling places in the several election precincts designated by the Board of County Commissioners of Dade County, Florida, as set forth herein, unless otherwise provided by law, for the purpose of submitting to the qualified electors of the City of Miami, Florida, the following question: "Shall the City of Miami be authorized to lease 2.88 acres of City -owned land ("Virginia Key Basin Property") for 20 years with two lease renewal options totaling ten years, subject to capital and equipment investments of $2 million and a minimum annual rent of $200,000, and to such additional requirements as determined by the City Commission, to Bayside Seafood Restaurant and Brewpub Partnership to operate a restaurant, brewery and marine -related retail facility?" This proposed referendum provides an opportunity for the electorate to authorize a proposed lease of City -owned property located adjacent to and immediately west of Miami Marine Stadium on the southerly shoreline of the Marine Stadium Basin, Miami, Florida, more commonly known as the "Virginia Key Basin Property." By order of the Commission of the City of Miami, Florida. CITY CLERK A list of City of Miami polling places follows: �I(Insert list of City of Miami Polling Places.)" -5- 91-.. 518 Section 4. The official ballot to be used at said election shall be in full compliance with the laws of the State of Florida with respect to absentee ballots and to the use of the mechanical voting machines or the Computer Election System (CES), and shall be in substantially the following form, to wit: OFFICIAL BALLOT SPECIAL MUNICIPAL ELECTION TUESDAY, SEPTEMBER 31 1991 FOR APPROVAL OR DISAPPROVAL OF THE FOLLOWING QUESTION: PROPOSED LEASE OF CITY -OWNED LAND ON "VIRGINIA KEY BASIN PROPERTY." YES (For the Measure) NO (Against the Measure) "Shall the City of Miami be authorized to lease 2.88 acres of City -owned land ("Virginia Key Basin Property") for 20 years with two lease renewal options totaling ten years, subject to capital and equipment investments of $2 million and a minimum annual rent of $200,000, and to such additional require- ments as determined by the City Commission, to Bayside Seafood Restaurant and Brewpub Partner- ship to operate a restaurant, brewery and marine -related retail facility?" Section 5. Electors desiring to vote in approval of said Question described above, shall be instructed to punch straight down with the stylus through the hole next to the word "YES" within the ballot frame containing the statement relating to said Question. Electors desiring to vote in disapproval of said Question, shall be instructed to punch straight down with the stylus through the hole next to the word "NO" within the ballot frame containing the statement relating to said Question. Section 6. The City Clerk shall cause to be prepared �t absentee ballots containing the Question set forth in Section 4 +I above for the use of absent electors entitled to cast such ballots in said election. Section 7. All qualified electors of said City shall be permitted to vote in said special municipal election and the -6- 91- 518 Supervisor of Elections of Dade County is hereby requested, authorized, and directed to furnish, at the cost and expense of the City of Miami, a list of all qualified electors residing in the City of Miami as shown by the registration books and records of the Office of said Supervisor of Elections and duly certify the same for delivery to and for use by the election officials designated to serve at the respective polling places in said election precincts. Section 8. For the purpose of enabling persons to register who are qualified to vote in said municipal election to be held on September 3, 1991 and who have not registered under the provisions of the general laws of Florida and Chapter 16 of the Code of the City of Miami, Florida, or who have transferred their legal residence from one voting precinct to another in the City, they may register Monday through Friday, from 8:00 A.M. to 5:00 P.M. at the Metropolitan Dade County Election Department located at 111 Northwest 1st Street, Miami, Florida, within such period of time as may be designated by the Supervisor of Elections of Dade County. In addition to the above place and times, qualified persons may register at such branch offices and may also use any mobile registration van for the purpose of registration in order to vote in the herein described election during such times and on such dates as may be designated by the Supervisor of Elections of Dade County. Section 9. MATTY HIRAI, the City Clerk of the City of Miami, Florida, or her duly appointed successor, is hereby designated and appointed as the official representative of the Commission of the City of Miami, Florida, in all transactions with the Supervisor of Elections of Dade County in relation to matters pertaining to the use of the registration books and the holding of said special municipal election. Section 10. The City Clerk shall deliver a certified copy of this Resolution to the Supervisor of Elections of Metropolitan Dade County not less than forty-five days prior to the date of the herein special municipal election. 91-- '51 g PASSED AND ADOPTED this llth day of July , 1991. XAVIER L SIAREZ, MAYOR ATTES fr MA HIRAI City Clerk PREPARED AND APPROVED BY: LINDA K. KEA SON Assistant City Attorney APPROVED AS TO FORM AND CORRECTNESS: ,*RGE E ANDEty Att r ey LKK/pb/M2296 -8- 9 1 . LIST OF POLLhm PLACES,,, CITY or MIAMI PCT. LOCATION ADDRESS t��sRft*t��ttttt�t,►,ttt�t*�cA**��Ft,►***ttttt,ttk**k,ttttc��*x�l�,t,t��ttrtrr,t,F�,r:y 501 LITTLE RIVER BAPTIST CH 495 NW 77 ST 502 CANAAN MISSIONARY BAPTIST CHURCH 7610 BISCAYNE BD 503 HARVEY W SEEDS AMERICAN LEGION #29 6445 NE 7 AV 504 HARVEY W SEEDS AMERICAN LEGION #29 64 45 NE 7 AV 505 GRACE UTD METHODIST CHURCH 6501 N MIAMI AV 506 ATHALIB RANGE PARK 525 NW 62 ST 507 THEENA CROWDER ELEMENTARY 757 NW 66 ST 508 NBW MT MORIAR BAPTIST CHURCH 6700 NW 14 AV 509 HOLMES ELEMENTARY SCHOOL 1175 NW 67 ST 510 CHARLES R. DREW MIDDLE SCHOOL 1802 NW 60 ST 511 CHARLES R DREW ELEMENTARY 1775 NW 60 ST 512 JORDAN GROVE MISSIONARY RAPT CHURCH 5946 NW 12 AV 513 BELAFONTE TACOLCY CTR 6162 NW 9 AV 514 EDISON SENIOR PLAZA 200 NW 55 ST 525 LEMON CITY BRANCH LIBRARY 430 NE 61 ST 516 MORNINGSIDE PARK 750 NE 55 TR 07102191 FS 1 91- 518 JUL- 3-91 THU 13:42 3053752525 P.01 F: J .I Y 07,43.91 �13:48 03053752325 D ELECTi 5, <, rQj pUZ LIST OF POLLING PLACES , CITY OF MIAMI PCT. LOCATION ADDRESS **�rx,r*��*x*k*��,r�►***t**��**�r��t��,t*�,t��*�,�r.t:*��e�+r��r*�,t��rt.r��r�eRir 517 ARCHBISHOP CURLEY HIGH SCHOOL 300 NE 50 ST 528 CHURCH Of GOD OF PROPHECY #1 4528 NW I AV 519 SHADOWLAWN ELEMENTARY 149 NW 49 ST 520 ST PAUL INSTITUTIONAL A.M.E. CHURCH 1892 NW 51 TR 521 CHARLES HADLEY PARK 1300 NW 50 ST 522 MOORE PARK 765 NW 36 ST 523 MIAMI JACKSON SENIOR HIGH 1751 NW 36 ST 524 LORAN PARK ELEMENTARY SCHOOL 3260 NW 31 AV 526 CURTIS PARK COMMUNITY HOUSE 1902 NW 24 AV 527 COMSTOCK ELEMENTARY SCHOOL 2420 NW 18 AV 528 MALCOLM ROSS SENIOR CENTER 2800 NW 18 AV 529 ROBERT A BALLARD ARMORY 700 NW 28 STREET 530 ROBERT A. BALLARD ARMORY 700 NW 28 ST 531 CLAUDE PEPPER COMMUNITY CENTER II 760 NW 18 TR 532 CULMER PLACE 610 NW 20 ST 533 ST JOHN INSTITUTIONAL MISS RAPT CH 2328 NW 3 AV 07/02/91 FS _ 518 2 07%03;91 13:48 03053732525 fit;D ELECTIONS' LIST OF POLLING PLACES CITY OF MIAMI PCT. LOCATION ADDRESS 534 CULMER NEIGH SERVICE CTR 1600 NW 3 AV 535 PHYLLIS WHEATLEY ELEMENTARY 1801 NW I PL 536 DUNBAR ELEMENTARY SCH 505 NW 20 ST 537 EUG.ENIO MARIA DE HOSTOS CTR 2902 NW 2 AV 538 YWCA 210 NE 18 ST 539 YWCA 210 NE 18 ST 540 TRINITY CATHEDRAL HALL 464 HE 16 ST 541 HARRY CAIN TOWERS 490 NE 2 AVENUE 542 JACK ORR SENIOR CENTER 550 NW 5 ST 543 ORANGE BOWL STADIUM — GATE 22B 1501 NW 3 ST 544 METROPOLITAN SENIOR CTR 1407 NW 7 ST 545 HUD — CONFERENCE ROOM 1407 NW 7 ST 546 MUSA ISLE SENIOR CENTER 2501 NW 16 ST RD 547 MIAMI FIRE STATION #7 548 ST MICHAEL'S CHURCH 549 IN7'BRAMERICAN MILITARY ACADEMY 07/02/91 FS 7'7Y9 A) 314 BEACOM BD 2987 W FLAGLER ST 3525 NW 7 ST 9,1- 518 3 07/03/01 13:49 03059752525 k/D ELECTIONS 10004 LIST OF POLLING PLACES CITY Off" MIAMI PCT. LOCATION ADDRESS 550 MIAMI FIRE FIGHTER BENEVOLENT ASSOC 2980 NW S RIVER DR 551 STEPHEN P CLARK BLDG 1650 NW 37 AV 552 HENRY M. FLAGLER ELEMENTARY 5222 NW 1 ST 553 ARMANDO BADIA SENIOR CENTER 25 TAMIAMI BLVD 554 ROBERT KING HIGH'COMMUNITY HOUSE 7025 W FLAGLER ST 555 WEST END PARK COMMUNITY HOUSE 250 SW 60 AV 556 MIAMI FIRE STATION #11 5920 W FLAGLER ST 557 IGLESIA CRISTIANA REF EL EVEN SAM 4585 W FLAGLER ST 558 KINLOCH PARK COMMUNITY HOUSE 455 NW 47 AV 559 KINLOCH PARK MIDDLE SCHOOL 4340 NW 3 ST 560 IGLESIA BAUTISTA LIBRE EBENEZER 4111 SW 4 ST 561 WESLEY UNITED METHODIST CFI 233 PONCE DE LEON BD 562 KOUBEK 2 7TH AVENUE CTR 2 705 SW 3 ST 563 JOSE MARTZ SENIOR PLAZA 154 SW 17 AVENUE 564 LITTLE HAVANA #1 HOUSING PROJECT 1759 SW 5 ST 565 RIVERSIDE ELEMENTARY SCHOOL 1190 SW 2 ST 07/02/91 FS 4 g'i--- 518 07,03.91 13:50 '&3053752525 8/D ELECTIONS LIST OF POLLING PLACES CITY OF MIAMI (Foos PCT. LOCATION ADDRESS �t+t��t�t��tff,tr*,tfrftrr,►�,t�,t,t,tf#sif��,r,r*t�,e,car,et�e*��txw�r,►k�cr,r��►�x�*�*�F��A 566 MANUEL ARTIME COMMUNITY CENTER 900 SW 1 ST 567 MIAMI FIRE STATION #4 1105 SW 2 AV 568 SIMPSON PARK -RECREATION BLDG 55 SW 17 RD 569 UTD TOWERS 2809 BRICKELL AV 570 LITTLE HAVANA ACTIV & NUTRITION CTR 700 SW 8 ST 571 CORAL WAY PRESBYTERIAN CH 2O91 SW 14 AV 572 SHENANDOAH ELEMENTARY 1023 SW 21 AV 573 SHENANDOAH PARK COMMUNITY HOUSE 2800 SW 21 AV 574 SHENANDOAH PRESBYTERIAN CHURCH 2150 SW 8 STREET 575 SMATHER'S SENIOR CENTER 1040 SW 29 COURT 576 CORAL GATE PARK COMMUNITY BUILDING 1415 SW 32 AVENUE 577 DOUGLAS PARK COMMUNITY HOUSE 2755 SW 37 AV 578 ALPHA AND OMEGA CHURCH 3175 SW 25 ST 579 SILVER BLUFF ELEMENTARY SCH 2609 SW 25 AV 580 CORAL WAY ELEMENTARY 1950 SW 13 AV 592 MUSEUM OF SCIENCE 3280 S MIAMI AV 07102191 FS y g 5 07/03.91 13:50 03053752525 M-D ELECTIOti5 006 LIST OF POLLING PLACES CITY OF MIAMI PCT. LOCATION ADDRESS 582 ELIZABETH VIRRICK BOXING GYM 2600 S BAYSHORE DR 583 MIAMI FIRE STATION 08 2975 OAK AV ' 584 ELIZABETH VIRRICK PARK 3230 HIBISCUS 5T - 585 GRAND AVENUE PARK 236 GRAND AV 586 MIAMI DADE WATER & SEWER AUTHORITY 3575 S LEJEONE RD 587 PEACOCK PARK 2820 MCFARLANE RD 07/02/92 FS 6 91- 518 91._. 518 CITY OF MIAMI. FLORIDA INTER -OFFICE MEMORANDUM TO Honorable Mayor and Members of the City Commission geT.,erynana-e—z FROM Ci y A DATE July 1o, 1991 FILE SUWECT Virginia Key Basin Property Lease REFERENCES City Commission Agenda July 11, 1991, Item #12 ENCLOSURES (2 ) In view of the need for your clear approval of definitive terms and conditions in connection with the leasing of the Virginia Key Basin Property to Bayside Seafood Restaurant and Brewpub Partnership, transmitted herewith is a resolution (Attachment 'A') requesting approval of the proposed lease agreement, embodying negotiated terms and conditions. This agreement is subject to your further modification during tomorrow's meeting. Included in your Agenda Packet is a draft of the negotiated lease which should be replaced by the attached agreement. Because of your separate consideration, a substituted resolution calling for the September 3rd election is also attached (Attachment 'B'). LKK:gb:P159 cc: Cesar H. Odio, City Manager Matty Hirai, City Clerk 0 91.— 518 J-91-613 7/10/91 RESOLUTION NO. A ESOLUTION APPROVING A LEASE AGREEMENT WITH BA IDE SEAFOOD RESTAURANT AND BREWPUB PAR ERSHIP, IN SUBSTANTIALLY THE FORM ATTA ED, SUBJECT TO THE APPROVAL OF SAID LEASE GREEMENT BY THE ELECTORATE OF THE CITY OF MI I, FLORIDA SPECIAL MUNICIPAL ELECTION TO BE HELD SEPTEMBER 3, 1991; FURTHER AUTHORI NG THE CITY MANAGER TO EXECUTE SAID LEASE AG EMENT UPON THE APPROVAL OF THE SAME BY THE EL TORATE. WHEREAS, on April 1, 1991, by Resolution No. 91-276, the City Commission approved n principle the selection of Bayside Seafood Restaurant, Inc. an Virginia Key Marina Associates, Inc. (a/k/a Bayside Seafood Rest rant and Brewpub Partnership), as the successful proposer for he unified development of the Virginia Key Basin property sub ct to certain conditions being met by the proposer within sixty 60) days of the date of said Resolution; and I WHEREAS, the City Commission a horized and directed the City Manager to negotiate an agreement ith said proposer to be reviewed by the City Commission prior to s execution; and WHEREAS, the City Attorney determined that approval of the electorate of the City of Miami should b obtained prior to execution of said agreement; NOW, THEREFORE, BE IT RESOLVED BY THE COMMI ION OF THE CITY OF MIAMI, FLORIDA: iSection 1. The recital and findings cont a ned in the Preamble to this Resolution are hereby adopted b reference thereto and incorporated herein as if fully set fort in this Section. 91- 518 r J-91-512 7/10/91 RESOLUTION NO. A RESOL ION, WITH ATTACHMENT, CALLING AND PROVIDING FOR A SPECIAL MUNICIPAL ELECTION TO BE HELD S TEMBER 3, 1991, FOR THE PURPOSE OF SUBMITTING TO THE QUALIFIED ELECTORS OF THE CITY OF MI , FLORIDA, FOR THEIR APPROVAL OR DISAPPROVAL F THE CITY'S ENTERING INTO A LEASE AGRE NT WITH BAYSIDE SEAFOOD RESTAURANT AN BREWPUB PARTNERSHIP TO OPERATE A RESTAURANT, BREWERY AND MARINE -RELATED RETAIL FACILI ON CITY -OWNED WATERFRONT PROPERTY OF APP XIMATELY 2.88 ACRES LOCATED ADJACENT TO AND IMMEDIATELY WEST OF MIAMI MARINE STADIUM 0 THE SOUTHERLY SHORELINE OF THE MARINE STADI BASIN, MIAMI, FLORIDA, MORE COMMONLY KNO N AS THE "VIRGINIA KEY BASIN PROPERTY", S JECT TO BAYSIDE SEAFOOD RESTAURANT AND BREW B PARTNERSHIP MAKING A CAPITAL AND EQUIPMEN INVESTMENT OF NO LESS THAN $2 MILLION AND AYING TO THE CITY A MINIMUM ANNUAL RENT OF $200,000 PER YEAR FOR A TERM NO LONGER THAN 2 YEARS WITH AN OPTION TO RENEW SAID LEASE FOR 0 ADDITIONAL TERMS OF FIVE YEARS EACH; DESIGNATING AND APPOINTING CITY CLERK AS THE OFFICIAL REPRESENTATIVE OF THE CI COMMISSION WITH RESPECT TO THE USE OF TER REGISTRATION BOOKS AND RECORDS; FURTHER RECTING THE CITY CLERK TO CAUSE A CERTIFIED C Y OF THE HEREIN RESOLUTION TO BE DELIVERED T THE SUPERVISOR OF ELECTIONS OF METROPOLIT DADE COUNTY, FLORIDA, NOT LESS THAN 45 DAY PRIOR TO THE DATE OF SUCH SPECIAL MUNICIPAL ECTION. WHEREAS, on September 14, 1989, by Res No. 89-804, the City Commission determined that of approximately 2.88 acres of City-owned,ont property located adjacent to and immediately west ofarine Stadium more commonly known as Virginia Key Basin, Miami, F orida, would best be accomplished by the Unified Development Proj ct process for a Restaurant with ancillary marine -related retail u es; and WHEREAS, on June 7, 1990, by Resolution No. 90-499, he City Commission authorized the issuance of a Request for ified Development Proposals for a Restaurant with marine -related tail and recreation uses at Virginia Key Basin, selected a certi 'ed C-�": �' 91- 518