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HomeMy WebLinkAboutSummary FormPH.3 AGENDA ITEM SUMMARY FORM FILE ID: 09 - 3 0 Date: 1 l/2/2008 Requesting Department: City Manager's Office Commission Meeting Date: 11 /13/2008 District Impacted: 5 Type: ® Resolution n Ordinance n Emergency Ordinance n Discussion Item. ❑ Other Subject: A resolution authorizing approval of a Project Cooperation Agreement with the Orange Bowl Committee for the Orange Bowl Legacy Gift at Moore Park Purpose of Item: It is respectfully recommended that the City Commission approve the following Resolution with attachment(s) by a Four -Fifths (4/5) affirmative vote, waiving competitive bidding procedures, authorizing the City Manager to authorize a Project Cooperation Agreement between the City of Miami and the OBC Moore Park, LLC to provide an amount not to exceed $2,500,000 for the City's contribution to the "Orange Bowl Legacy Gift at Moore Park", Project No. B-30625 also known as "Moore Park Athletic Field" consisting of the construction of a high school football stadium at Moore Park. Background Information: See Attached Budget Impact Analysis Is this item related to revenue? Is this item an expenditure? If so, please identify funding source below. General Account No: Special Revenue Account No: CIP Project No: B-30625 Is this item funded by Homeland Defense/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: $2,500,000.00 Final Approvals (SIGN AND DATE) CIP Budget If using or receiving capital funds Grants Risk Management Purchasin Dept. Directoro Chief(1City Manager Page 1 of 1 Background Information: On October 23, 2008, the Miami City Commission passed and adopted Resolution 08-0611 authorizing the acceptance of goods and services, with conditions from the Orange Bowl Committee (OBC) for the Orange Bowl Legacy Gift at Moore Park, authorizing an allocation of the City's matching funds in an amount not to exceed $2,500,000 for said project, further authorizing the City Manager negotiate terms and conditions of said agreement and directing the City Manager to bring back said agreement for consideration by the City Commission. Conditions of the donation include the requirement that the City provide matching funds in an amount not to exceed $2,500,000, and that the OBC be responsible for delivering the project. By a four -fifths (4/5ths) affirmative vote, this resolution will authorize the City Manager to execute the Project Cooperation Agreement and ratify the City Manager's finding of an emergency that it is in the public's best interest to waive competitive sealed bidding procedures, allowing the OBC to select, direct, supervise, manage and be responsible for a general contractor/construction firm to deliver the project.