HomeMy WebLinkAboutSummary Form 5-28-09AGENDA ITEM SUMMARY FORM
Law Department
r = �••w • Matter ID No.
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FILE ID: Oji G1'��
Date: 5/15/2009 Requesting Department: City Manager's Office
Commission Meeting Date: 5 /28/2009 District Impacted: 2
Type: 0 Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: Museum Park Project - Environmental Remediation Agreement with the Miami Art Museum
of Dade County Association Inc. ("MAM") and the Museum of Science, Inc. ("MSM")
Purpose of Item:
A Resolution of the Miami City Commission, with attachments, approving the terms of, and
authorizing the City Manager to execute, an Environmental Remediation Agreement ("Agreement"),
between the City of Miami ("City"), the Miami Art Museum of Dade County Association, Inc.
("MAM") and the Museum of Science, Inc. ("MSM"), in substantially the form attached as "Exhibit
A," to provide for the performance of environmental site assessments and corresponding site
rehabilitation of Bicentennial Park ("Museum Park', including specifically the City's obligation to
pay up to $2 million toward the cost of environmental remediation of the MAM and MSM sites within
Museum Park, which have been leased to MAM and MSM for the development of the museum
component within the Museum Park Project,
Budget Impact Analysis
NO 'Is this item related to revenue?
YES Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
CIP
if using or receiving
Grants
$2 million
Final Approvals
(SIGN AND DATE)
Budget_ ti
Risk Managemen
Dept. Director
ej L049 City Manager
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Subject: Museum Park Project - Environmental Remediation Agreement with the Miami Art Museum
of Dade County Association, Inc. ("MAM") and the Museum of Science, Inc. ("MSM")
Background Information:
On September 12, 2008, the City of Miami ("City"), the Miami Art Museum of Dade County
Association, Inc. ("MAM") and the Museum of Science, Inc. ("MSM"), together with Miami -Dade
County, the Historical Association of Southern Florida, inc. and the Miami Sports and Exhibition
Authority, executed a Memorandum of Understanding (the "MOU") setting forth the parties' intent to
develop the Museum Park Project in Bicentennial Park (the "Project") as contemplated in the Master
Plan for the Museum Park Project developed by Cooper Robertson and approved by the City
Commission pursuant to Resolution No. 08-0126, adopted March 13, 2008. Pursuant to the MOU, on
December 11, 2008 the City Commission adopted Resolution No. 08- 0707 approving the terms of,
and authorizing the City Manager to execute two (2) Lease Agreements respectively between the City
of Miami ("City") and the Miami Art Museum of Dade County Association, Inc. (MAM) (the "MAM
Lease") and between the City and the Museum of Science, Inc. (MSM) (the "MSM Lease"). These
Leases each require the City to negotiate a tri -partite Development Agreement ("Development
Agreement") and a tri -partite Environmental Remediation Agreement ("Remediation Agreement")
with the museums for the consideration and approval of the City Commission. The execution of the
Environmental Remediation Agreement is a condition precedent to the museums obtaining possession
to their respective lease areas, without which the museums would be unable to commence
construction.
Over the months subsequent to the approval of these leases, the City Administration and staff
negotiated and developed terms to address the required environmental remediation that will allow the
City and the museums to collaborate in the development of the approved environmental remediation
plan to be submitted to DERM and allow the museums to quantify their respective financial
obligations for the remediation costs in excess of $2 million. In effect, the goal of this collaborative
remediation effort is to provide a cost effective alternative to environmental remediation, if approved
by the appropriate regulatory agency.
The City Administration is requesting that the City Commission approve and authorize the execution
of this Environmental Remediation Agreement which is a condition to commencing construction
funding.
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