HomeMy WebLinkAboutR-86-0340Or
J-86-412
RESOLUTION No. 8 6 3 4 0
A RESOLUTION AUTHORIZING THE CITY MANAGER TO
EXECUTE AN AGREEMENT, IN A FORM ACCEPTABLE TO
THE CITY ATTORNEY, WITH MIAMI CENTER
ASSOCIATES, LTD. PROVIDING FOR THE CONVERSION
OF MIAMI CONVENTION CENTER RETAIL SHOPPING
SPACES INTO EXHIBIT AREAS IN ACCORDANCE WITH
THE TERMS AND CONDITIONS SET FORTH IN THE
ATTACHED LETTER FROM SAID FIRM AND UPON THE
FURTHER CONDITION THAT IF THE UNIVERSITY OF
MIAMI CHOOSES TO EXERCISE ITS OPTION PURSUANT
TO THE TERMS CONTAINED IN ITS ATTACHED LETTER
DATED APRIL 22, 1986 THEN ALL PROCEEDS
RESULTING FROM SUCH EXERCISE SHALL BE USED TO
FUND THE COST OF IMPROVEMENTS IN SAID CENTER.
BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA:
Section 1. The City Manager is hereby authorized to
execute an agreement, in a form acceptable to the City Attorney,
with Miami Center Associates, Ltd. providing for the conversion of
Miami Convention Center retail shopping spaces into exhibit areas
in accordance with the terms and conditions set forth in the
attached letter from said firm and upon the further condition that
if the University of Miami chooses to exercise its option pursuant
to the terms contained in its attached letter dated April 22, 1986
then all proceeds resulting from such exercise shall be used to
fund the cost of improvements in said Center.
PASSED AND ADOPTED this 7th day of May 1986.
� CX
OVIE4RLt.SUAREZ, MAYOR
AT ES
MATYL HIRAI, CITY CLERK
PREPARED AND APPROVED BY:
,
ROBERT F. CLARK
CHIEF DEPUTY CITY ATTORNEY
APPROVE94 TO FORM AND CORRECTNESS:
LUCIA A. DOUGHERTY,( CITY ATTORNEY
RFC/rr/193
CITY COR `, . , ; :;)N
MAY 7 M
ASSOCI��
MIAMI CENTER ,��,
1986 APR 30 PH 3: 46
Cesar H. Odio
City Manager
CITY OF MIAMI
Office of the City Manager
3500 Pan .American Drive
Miami, Florida 33133
Dear Cesar:
In a spirit of good faith, MCA Ltd., being aware of the lack of
exhibit space in the City of Miami, and the necessity of such
space to the survival of the
ee forKcomparableight espace the r and the Hyatt
Regency, is willing to g
designated as a shopping mall (approximately 22,000 sq. ft.),
which has been a healthy source.of revenue to the tune of
approximately $3Q0,000 per Year.
Furthermore, we are willing
to risk the loss of approximately
6,200 sq. ft. to the University
heami, should University'se letterty
exercise their option pursuant-.tothe
April 22, with the understanding that such exercise makesUntil
obligations and rights of that agreement flow to MCA, Ltd.
such time, the University of Miami has been given the right to
utilize the 6,200 sq. ft. rent-free.
In addition, MCA Ltd. is prepared to absorb'. the additional cost
involved in maintaining it's newly acquired meetingmentccostsjto
ice the new exhibit hall, savings to the City of Miami), and additional equip
for example,
enable the Hotel to sery
additional ovens, movable heat carts, china,.linen, etc.).
The following outlines and confirms MCA's position as to
exchange of space between MCA Ltd. and the City of Miami.
City will allocate $2,000,600 to accomplish the following:
Buy-out of existing leases and the relocation fof sot. me of the
retail
existing tenants (approximate) 3,000 sq.
space) in space provided by the City.
The demolition and construction of said space into an
exhibit hall to comply with existing Hotel and Center uses;
City may require change orders if they bear the additional
cost.
a.
b.
0
100 N. B15UYNE BOULEVARD, SUITE 911 • MAW, FLORIDA 33132 • (305) 374-ILM • TELEX: 152124
- - ---- .1'.. . . _ .. .
the
The
w 4 0''
C. It is understood that the exhibit hall will be owned,
managed and maintained by the City of Miami. In return, the
City will relinquish the following space to MCA Ltd., which
will be owned, operated and maintained by MCA/Hotel:
-Gardenia Room
-Orchid Room
-Jasmine Room
-Azalea Room
-Hibiscus Room
-Lantana Room
-Marigold Room
-Camellia Room
-Allamanda Room
-Poinciana Room
-Bougainvillea Room
The above mentioned space includes all funishings, service
hallways and public pre -function areas which are to be
maintained by MCA/Hotel. This is in addition to
approximately 3,000 sq. ft. of retail space referred to in
point "all.
d. Should gambling be approved by the State of Florida and Dade
County, it is agreed that MCA Ltd. will have the option to
reacquire the exhibit space by reimbursing the City a
pro rata amount of the $2,000,000 on,terms to be agreed upon
by the parties.
e. It is the intent of MCA to acknowledge and confirm your
letter dated March 5, 1986 and that all monies due to the
City shall be paid in full by September 30, 1986 via equal
monthly installments, with the understanding that the
parties must still resolve the dollar amount due under point
2 of your letter.
If the above meets with your approval, may we suggest that you
instruct your legal department to draft a formal agreement
encompassing these points and refer it to our legal counsel for
review and ultimate approval.
4Sincely,
R. Grassie
President, MCA, Inc.
for MCA, Ltd.
JRG/sa
cc: Zahid Ramlawi
Henry Silverman
a6-S40�
CITY OF MIAM1. FLORIDA
INTER -OFFICE MEMORANDUM
45
DATE: May 1, 1986 FILE: CC.460.04
TO. Honorable Mayor and
Members o'f the City SUBJECT: Convention Center:
Commission
Exhibition Facility
FROM: Cesar H. Odio REFERENCES: For City Commission
City Manager Meeting of May 7, 1986
ENCLOSURES:
Resolution & Memorandum
It is recommended that the City Commission
adopt the attached resolution authorizing
the City Manager to execute an agreement
in a form acceptable to the City Attorney,
with Miami Center Associates Ltd.
providing for the conversion of Miami
Convention Center Retail Shopping Spaces
into Exhibit Areas in accordance with the
terms and conditions set forth in the
attached letter from said firm and upon
the further condition that if the
University of Miami chooses to exercise
its option pursuant to the terms
contained in its attached letter dated
April 22, 1986 then all proceeds resulting
from such exercise shall be used to fund
the cost of improvements in said Center.
The City Commission, by Resolution 86-120, on February 13, 1986,
established an Oversight Committee to study possible sites for the
location of an Exhibition Hall and further instructed the City
Manager to move forward with the development of additional exhibition
facilities in the James L. Knight Center. The attached memorandum,
dated April 30, 1986 summarizes the terms negotiated between the City
of Miami, Miami Center Associates and the University of Miami.
it is recommended that the attached resolution be adopted
authorizing the City Manager to execute an agreement, in a form
acceptable to the City Attorney, with Miami Center Associates Ltd.
and the University of Miami, in accordance with the terms and
conditions set forth in said memorandum.
CHO/JEG/wp
Copy: Law Department
86,*344
V 0
WHEREAS, the City recognizes that the urgent and critical need
of the area hoteliers to have exhibition facilities must be met as
soon as possible; and
WHEREAS, the City Commission by Motion 86-16 on January 9, 1986
instructed the City Manager to commence a process for obtaining a
comprehensive feasibility plan for an Exhibition Hall facility; and
WHEREAS, it is most advantageous to the City of Miami to secure
a feasibility plan including the site, size, use, and financial
structure for an exhibition hall facility in the City of Miami; and
WHEREAS, the Commission has requested by Motion 86-16 that the
City Manager come back with his recommendations at this meeting; and
WHEREAS, the City Manager has met with numerous interested
parties, attended many public meetings and has reviewed the issues
concerning the needs for an exhibition hall facility in the City of
Miami; and
WHEREAS, after study, the City Manager has found that the most
expedient manner in which to make exhibition space available is to
negotiate an agreement with Miami Center Associates for the
conversion of approximately 36,500 square feet of leased retail
facilities and City space at the James L. Knight Center for the
purposes -of utilizing it as an exhibition facility for the Center and
the downtown area hotels; and
WHEREAS, part of the proceeds of the 10 million dollar Temporary
Exhibition Facility Bonds'may be made available for the purpose by
the Authority; and
WHEREAS, after study, the City Manager has found the most
expedient manner in which to begin construction of a downtown
Exhibition Hall is for the City Commission to direct the Miami Sports
and Exhibition Authority to authorize, as part of the Authority's
negotiations with the Decoma Venture, a comprehensive feasibility
plan to be conducted by the Decoma Venture, considering sites
reasonably available in the general area of their original proposal,
considering the immediate need of downtown hotels and identifying all
necess.ary funds to accomplish the immediate construction of the
permanent Exhibition Hall; and
2
86-120
86-RA0
WHEREAS, funds to accomplish the feasibility plan are
immediately available in the Special Programs and Accounts Contingent
Fund in the amount of $50,000 dollars;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF
MIAMI, FLORIDA:
Section 1. The City Manager is hereby authorized to negotiate
an agreement with Miami Center Associates for the conversion of
approximately 36,500 square feet of leased retail facilities and City
space at the James L. Knight Center for purposes of utilizing this -
space as an exhibition facility for the Center and the downtown area
hotels.
Section 2. The City Commission hereby recommends to the Miami
Sports and Exhibition Authority that the Authority utilize part of
the proceeds of the 10 million dollar Temporary Exhibition Facility
Bonds for the purpose of making the conversion upon conclusion of
negotiations and presentation of a plan for the use of the money.
Section 3. The City Commission hereby directs the Miami Sports
and Exhibition Authority to authorize the Decoma Venture to
immediately conduct a comprehensive feasibility plan for the
immediate construction of a permanent exhibition hall, considering
J sites reasonably available in the general area of their original
J;
1
proposal, considering the immediate need of downtown hotels and
identifying all necessary funds to accomplish the immediate
I
construction of the permanent Exhibition Hall.
Section 4. The City Manager is hereby authorized to provide to
the Miami Sports and Exhibition Authority an amount, not to exceed
i
$50,000 dollars, from the Special Programs and Accounts Contingent
Fund for the expenses incurred in the development of a comprehensive
3
i
feasibility plan, said funds to be repaid to the City upon the
identification of funds to construct the permanent Exhibition Hall.
Section 5. The City Commission hereby establishes an Oversight
Committee comprised of the following individuals and representing
the following entities:
3
all IM'"'
City Commission: J.L. Plummer
City Administration: John E. Gilchrist
Miami Sports and Exhibition Authority: Lawrence Turner
Miami Hoteliers: Ron Fine
The purpose of the Oversite Committee shall be to review and
approve all studies, negotiations, reports, plans and materials
prepared in accordance with this resolution prior to their being
finalized.
PASSED AND ADOPTED this 13th day of FEBRUARY , 1986.
G'kld�
AVIER L. SUAR , Mayor
ATTE /
MATT HIRAI, City Clerk
PREPAaD AND APPROVED BY:
ROBERT SECHEN
Assistant City Attorney
APPROVED
k
LUCIA" A.
T� AND CORRECTNESS:
,(City Attorney
4
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:,`
UN1v LltSITY 01"
April 22. 1986
Wwacd T: FLXAC H
Pmidcclt
Mr. Cesar Ei. Odio
City Manager
City of Miami
P.O. Box 330708
1 Miami, Florida 33233-0708 -
1 Re: Lease Agreement dated July 1, 1983 concerning the ,City of
Miami/Universit of Miami "James-L. Knight International Center"
Dear Cesar: ,
Please recall your letter of April 2, 1986 and my letter of April 8, 1986
concerning this subject.
As you requested, after receipt of my letter of April 8, 1980, the
University agrees to rescind the exercise of the option contained in that letter,
provided that the City of Miami agrees to permit this recession, and with the
understanding that the University will continue to have all the rights contained
in the lease, including the right to exercise the options contained therein.
The University agrees, however, not•-�to exercise those options before
January 1, 1986.
If you agree' to this b dsi sighe ning ande of the r�tu�ning the attached attached theon conditionsnoftithis
stated, please so indicate y B B
letter.
z
Foote I1
so /
cc: David A. Lieberman !!
Oliver G. F. Bonnert
Dennis L. Tarr r1
Zuben Fuentes
ahid Ramlawi
-Accepted anil Agrued a e
Cesar Odio, City Manager
City of Miami
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