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HomeMy WebLinkAboutresolutionCity of Miami 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