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HomeMy WebLinkAboutmemoCITY OF MIAMI, FLORIDA INTER -OFFICE MEMORANDUM TO: FROM: The Honorable Mayor & Members of e City Co Arriola, City Manager DATE : SUBJECT : REFERENCES: ENCLOSURES: NOV 2 5 2003 FILE : A Resolution Authorizing the Execution of Amendment No. 2. to the Tri-Party Agreement between Miami -Dade County, the City of Miami and Bayside Center Ltd dated July 19, 1988 As Amended RECOMMENDATION It is respectfully recommended that the City Commission adopt the attached Resolution authorizing the City Manager to execute, in the form attached, Amendment No. 2 to the Tri-Party Agreement dated July 19, 1988, as amended, in substantially the attached form, between Miami -Dade County, ("County") the City of Miami and Bayside Center Limited Partnership. BACKGROUND The Tri-Party Agreement was executed in support of the American Airlines Arena Agreements by providing certain rights and responsibilities for the construction of the facility and appendage thereto. The Tri-Party Agreement requires the County to cause the construction of a pedestrian bridge over Port Boulevard in order to connect the American Airlines Arena (Arena) and Bayside Marketplace. The usefulness of the Pedestrian Bridge has been called into question and it is strongly believed that a properly constructed baywalk along Parcel B, the vacant property owned by Miami -Dade County east of the American Airlines Arena, would be more effective in providing the connectivity. The Second Amendment shall release all parties of any liability or responsibility for the planning, design, construction and operation of and the funding for the Pedestrian Bridge. The County Manager will recommend to the Board of County Commissioners that the County's $1.5 million of funds allocated for construction of the Pedestrian Bridge be reallocated for development of Parcel B, specifically funding the baywalk. In addition, the County Manager has agreed to release the funds held in reserve (Approximately $2.2 million) for the environmental remediation of the Arena property and Parcel B. 03 b05zf��-� Message Page 1 of 1 Solomon, Beverly From: Johnson, Dianne Sent: Tuesday, November 25, 2003 12:36 AM To: Chiaro, Maria J; Smith, Angela I; Solomon, Beverly; Vilarello, Cc: Poms, Allan I.; Marcos, Glenn; Rath, Michael Subject: ADA Consultant - Rem CA13 on 11/25 Agenda Importance: High I was asked to revise the attached resolution to more accuratley reflect the City's immediate needs to comply with a jugment against Ite City. Jorge will ask that the item be taken out of the consent agenda so he can substitute the reso. I understand that we have until January to complete the work required for city parks Dianne E. Johnson Govemment Affairs and Planning Administrator Department of Capital Improvements City of Miami 444 SW Second Avenue 8th Floor Miami, FL 33130 phone 305-416-1285 fax 305-416-2153 email: djohnson@ci.miami.fl.us 11/25/2003