HomeMy WebLinkAboutSummary FormDate: 11 / 1 /2006
AGENDA ITEM SUMMARY FORM
FILE ID: 0 U" O a c 6 6
HEELH
NO V 14 20O6
Requesting Department: Public Facies
Commission Meeting Date: 12/14/2006 District Impacted: 2 By
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Subject: Resolution authorizing the City Manager to execute a tri-party agreement with Miami Dade
Water and Sewer Department for the Flagstone Island Gardens Development.
Purpose of Item:
The administration recommends that the Miami City Commission adopt the attached Resolution
authorizing the City Manager to execute a Tri-Party Agreement in substantially the attached forti
with Miami -Dade County Water and Sewer Department ("COUNTY") and Flagstone Island Gat%ns,
LLC, ("DEVELOPER") for the provision of water and sanitary sewer services, for the Flagstone
Island Gardens development on Watson Island.
Background Information:
00
See Supplemental Sheet
Budget Impact Analysis
NO Is this item related to revenue?
NO 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/Neighborbood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
CIP N/A
If using or receiving capital funds
Grants N/A
Final Approvals
(SIGN AND DATE)
voe
Budget N/
Risk Management
Purchasing
Chief
Dept. Director
City Manager
6' r- d/` cool
SUPPLEMENTAL SHEET
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Subject: Resolution authorizing the City Manager to execute a tri-party agreement with Miami Dade
Water and Sewer Department for the Flagstone Island Gardens Development.
Background Information:
The City of Miami ("City") and Flagstone Island Gardens, LLC ("Developer") entered into an
Agreement to Enter into a Ground Lease (the "Agreement to Enter") on January 1, 2003 consistent
with all material aspects of the Watson Island RFP and the Island Gardens Proposal and setting forth
the conditions for the future execution of a long-term ground lease ("Lease") with the Developer.
The Flagstone Island Garden's development will utilize water and sewer services provided by the
Miami Dade Water and Sewer Department ("County"). Prior to permitting a connection, the County
requires an agreement to be executed outlining the responsibilities of each party. The Developer
agrees to contribute $1,282,399,38 to the cost of upgrading the water main to meet current County
standards and to provide payment at the time of connection to the water and sewer systems. The
County calculates the estimated capacity needed for the project and calculates a connection charge
based on the agreed average total daily gallonage. All payments will be paid by the Developer and
therefore this item has no budgetary impact. The plat that was approved by City Commission on
October 12, 2006, Resolution No. 06-0608 entitled "Watson Island Southwest" cannot be recorded
with the County until this agreement is executed.
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