HomeMy WebLinkAboutCover memoDEC-15-2003 09:11 CITY MANAGERS OFFICE
CITY OF MIAMI, FLORIDA
sI.11
INTER -OFFICE MEMORANDUM
:
The Honorable & Memb
Of City C
=ROM : Jo4 Arrio1a, City Manager
DATE:
suedecT: AResolution.
Resolution R-03-1204 and
substituting a Resolution
Authorizing the Execution of
REFERENCES Amendment No. 2, to tbt Tri-
Party Agreement regarding the
ENCLOSURES: Pedestrian bridge at the
American Airlines Arena
DEC 15 2003
FILE:
It.ECOMMENDATIQN
It is respectfully recommended that the City Commission adopt the attached Resolution
rescinding Resolution R-03-1204 and substituting the herein 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-
BACKGROi
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 bayvwalk 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 S1.5 million of funds allocated for construction of the Pedestrian Bridge be
reallocated for development of Parcel B, specifically funding the baywalk. The Second
Amendment also states that the City and County will jointly plan the development of
Parcel B.
In addition, the County Manager has submitted a letter stating that he will release, within
60 days, the balance of the funds held in reserve for the envixnnmental remediation of the
DEC-15-2003 09:11
CITY MiNAGERS OFFICE 305 416 1019 P.03
Arena property and Parcel B (Approximately $2.2 million less the cost of remediation on
Parcel B).