HomeMy WebLinkAboutSummary FormDate: 9/7/2007
AGENDA ITEM SUMMARY FORM
FILE ID: Or/ - O Lap '7
Requesting Department: Public Facilities/
Asset Management
Commission Meeting Date: 10/11/2007 District Impacted: 2
Type: Fl Resolution ❑ Ordinance ❑ Emergency Ordinance n Discussion Item
n Other ..._..............._
Subject: Resolution authorizing the City Manager to execute the Addendum Number One to Agreement
for Water and Sanitary Sewage Facilities between Miami -Dade County and City of Miami and
Flagstone Island Gardens., LLC for the Flagstone Island Gardens Development.
Purpose of Item:
A Resolution of the Miami City Commission, with attachment(s), authorizing the City Manager to
execute the Addendum Number One to Agreement for Water and Sanitary Sewage Facilities, in
substantially the attached form, between Miami -Dade County and City of Miami and Flagstone Island
Gardens, LLC ("Addendum") extending the date for commencement of work on the water and/or
sewer facilities to one hundred eighty (180) days from the date of execution of the Addendum.
Background Information:
ee 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/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
Final Approvals
(SIGN AND DATE)
CIP N/A Budget N/A
!fusing or receiving capital funds
Grants ,; N/A
Purchasing N/A
Chief v, r
Risk Management
Dept. Director
City Manager,
N/A
Paee 1 of2
Subject: Resolution authorizing the City Manager to execute the Addendum Number One to Agreement
for Water and Sanitary Sewage Facilities between Miami -Dade County and City of Miami and
Fl gstone Island Gardens_LLC for the Flagstone Island Gardens Development.
Background Information:
"Elie City of Miami ("City") and Flagstone Island Gardens, LLC ("Developer") entered into an
Agreement to Enter into a Ground Lease ("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 Gardens development will utilize water and sewer services provided by the
Miami Dade Water and Sewer Department ("County"). Prior to permitting connection, the County
required an agreement to be executed outlining the responsibilities of each party. The Miami City
Commission, through Resolution No. 06-0729, approved the Agreement for Water and Sanitary
Facilities between Miami -Dade County and City of Miami and Flagstone Island Gardens, LLC ("Tri-
Party Agreement"). The Developer agreed 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 to the City.
The Tri-Party Agreement was fully executed on April 25, 2007 and was recorded on June 1, 2007.
The Tri-Party Agreement shall be deemed null and void and unenforceable unless work on the water
and/or sewer facilities commence uninterrupted within one hundred eighty days (180) days after the
elate of execution, which is October 22, 2007. This Addendum extends the expiration date for one
hundred and eighty (180) from the date of execution. It also replaces Exhibit C of the Tri-Party
Agreement with a new Exhibit C showing the modification of the project's completion dates. Any
cost or fees associated with this Agreement will be paid in whole by the Developer.
Paee 2 of 2