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Legislation
Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.ci.miami.fl.us
File Number: 05-00259 Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION ACCEPTING THE
RECOMMENDATION OF THE CITY MANAGER TO APPROVE THE FINDINGS OF
THE EVALUATION COMMITTEE, PURSUANT TO THE REQUEST FOR
PROPOSAL, THAT THE FIRMS MOST QUALIFIED TO PURCHASE, PLAN,
DESIGN AND CONSTRUCT A MIXED -USED PROJECT ON THE CITY OF MIAMI
PROPERTY PREVIOUSLY KNOWN AS EL TEATRO MARTI, LOCATED AT 400-
430 SOUTHWEST 8TH AVENUE, ARE, IN RANK ORDER: (1) AMCO HOLDINGS,
LLC, ("TOP -RANKED FIRM") AND (2) EL TEATRO DEVELOPMENT, LLC ("
SECOND -RANKED FIRM"); AUTHORIZING THE CITY MANAGER TO
NEGOTIATE A PURCHASE AND SALE AGREEMENT ("AGREEMENT") WITH THE
TOP -RANKED FIRM; FURTHER AUTHORIZING THE CITY MANAGER TO
NEGOTIATE AN AGREEMENT WITH THE SECOND -RANKED FIRM, IN THE
EVENT THAT THE TOP -RANKED FIRM REQUIRES EXTRAORDINARY ZONING
APPROVAL OR SHOULD NEGOTIATIONS FAIL; DIRECTING THAT THE
NEGOTIATED AGREEMENT BE PRESENTED TO THE CITY COMMISSION FOR
CONSIDERATION.
WHEREAS, Resolution No. 03-591, adopted May 13, 2003, approved the declaring of certain real
property located at 400-430 Southwest 8th Avenue, Miami, Florida as surplus; and
WHEREAS, a Request for Proposals ("RFP") was issued to find an experienced developer
interested in a redevelopment opportunity to purchase, plan, design, develop and construct a mixed -
used project on the City of Miami ("City") property located at 400-430 Southwest 8th Avenue in the
East Little Havana area; and
WHEREAS, three (3) Proposals were received and evaluated by the Evaluation Committee ("
Committee"); and
WHEREAS, following oral presentations, the Committee recommended that the City negotiate a
Purchase and Sale Agreement ("Agreement") with the top -ranked firm, Amco Holdings, LLC; and
WHEREAS, the Committee agreed that in the event that Amco Holdings, LLC's project's design
requires extraordinary zoning approvals requiring a public hearing or should negotiations fail, the City
Manager, at his sole and reasonable discretion, could proceed to negotiate with the second -ranked
firm, El Teatro Development, LLC; and
WHEREAS, the Committee further recommended to include a condition that in the event
negotiations fail with the top -ranked firm and the City Manager decides to negotiate with the second -
ranked firm, El Teatro Development, LLC, they should be required to include a retail component with
sufficient parking spaces to meet the requirements acceptable to the Department of Planning;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
City of Miami Page 1 of 2
Printed On: 4/1/2005
File Number: 05-00259
Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by
reference and incorporated as if fully set forth in this Section.
Section 2. The City Manager's recommendation to approve the findings of the Evaluation
Committee, pursuant to the RFP, that the firms most qualified to purchase, plan, design and construct
the mixed -used project, on the City's property located at 400-430 Southwest 8th Avenue known as El
Teatro Marti are, in rank order: (1) Amco Holdings, LLC and (2) El Teatro Development, LLC, is
accepted.
Section 3. The City Manager is authorized{1} to negotiate an Agreement with Amco Holdings, LLC,
the top -ranked firm.
Section 4. The City Manager is further authorized{1 } to negotiate an Agreement with El Teatro
Development, LLC, the second -ranked firm, in the event that the top -ranked firm requires extraordinary
zoning approvals or should negotiations fail.
Section 5. The City Manager is directed to present the negotiated Agreement to the City
Commission for consideration.
Section 6. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.{2}
APPV AS TO FORM A
ORG FERNANDEZ
ITY T ORNEY
CORRECTNESS:
Footnotes;
{1} The herein authorization is further subject to compliance with all requirements that may be imposed
by the City Attorney, including but not limited to those prescribed by applicable City Charter and Code
provisions.
(2} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days
from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective
immediately upon override of the veto by the City Commission.
City of Miami Page 2 of 2 Printed On: 3/29/2O 5