HomeMy WebLinkAboutLegislationCity of Miami
Legislation
Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
Namher. 0-00786
Finns Artie!! nate:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
RELATING TO THE PORT OF MIAMI TUNNEL AND ACCESS IMPROVEMENT
PROJECT ("PROJECT"); AUTHORIZING THE CITY MANAGER TO EXECUTE A
MASTER AGREEMENT FOR THE PROJECT AMONG THE FLORIDA
DEPARTMENT OF TRANSPORTATION ("FDOT"), MIAMI-DADE COUNTY, AND
THE CITY OF MIAMI ("CITY"), WHICH PROVIDES FOR A FINANCIAL
CONTRIBUTION FROM THE CITY OF $50 MILLION IN CASH PAYMENTS, TO BE
FUNDED FROM ALL LEGALLY AVAILABLE SOURCES, AND $5 MILLION IN
LAND RIGHTS/RIGHT-OF-WAY TO THE FDOT IN SUPPORT OF THE PROJECT.
WHEREAS, the Port of Miami Tunnel and Access Improvement Project ("Project") will include a
bored tunnel from Watson Island to the Port of Miami on Dodge Island and will facilitate the movement
of freight and truck -traffic to and from the Port of Miami and 1-395; and
WHEREAS, the City of Miami ("City") supports the Project as it serves to enhance the long-term
economic viability and sustainability of the Port of Miami ("Port") and improve the quality of life in the
City's urban core by substantially reducing Port generated truck traffic currently traversing downtown
streets in an area experiencing urban redevelopment and densification; and
WHEREAS, the Florida Department of Transportation ("FDOT"), pursuant to a competitive bidding
process, selected Miami Access Tunnel ("Concessionaire"), a Babcock & Brown consortium
consisting of Bouygues Travaux Publics as a sponsor, investor and constructor, Jacobs Engineering
as a designer and Transfield Services as operator, to design, build, finance, operate and maintain the
Project through a public -private partnership; and
WHEREAS, the City has been requested by the FDOT and Miami -Dade County ("County") to
contribute $55 million to the Project, consisting of a cash contribution in the principal amount of $50
million, to be paid in either a lump sum payment or annual payments as stipulated in the Master
Agreement ("Agreement") , and rights -of -way contribution on Watson Island valued at $5 million; and
WHEREAS, the attached Agreement sets forth the financial provisions for the contributions of the
County and the City; and
WHEREAS, the County and FDOT are still negotiating certain provisions of the Agreement but all
parties agree on the City's involvement and financial commitment to the Project; and
WHEREAS, in order to meet the accelerated schedule for the Project, and secure the price
proposed by the Concessionaire, the Agreement must be signed in June, 2007;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
City of Miami Page 1 of 2 Printed On: 6/5/2007
File Number. 07-00786
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 is authorized{1} to execute an Agreement with the FDOT and the
County for the Project, providing for a financial contribution from the City of $50 million in cash
payments, to be funded from all legally available sources, and $5 million in land rights/right-of-way, on
the same terms, with respect to the City's contribution, as set forth in the attached Agreement.
Section 3. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.{2}
APPROVED AS TO FORM AND CORRECTNESS:
JCAdt L. FERNANDEZ,,
CITY ATTORNEY.'
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: 6/5/2007