HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID:
09 -00003
Law Department
Matter Ill No.
Date: 1/6/2009 Requesting Department: City Manager's Office
Commission Meeting Date: 1/15/2009 District Impacted: 2
Type: ® Resolution n Ordinance ❑ Emergency Ordinance n Discussion Item
RE.7
Subject: A License Agreement Between the City of Miami and TWJ 1201, LLC, for the Use ofTwb (2)
Acres of Waterfront Land to be Developed into a Park
'urpose ahem:
It is respectfully recommended that the City Commission pass the attached resolution authorizing the
City Manager to enter into a License Agreement between the City of Miami and TWJ 1201, LLC ,
Owner/Developer of approximately two (2) acres of land at 1201 Brickell Bay Drive to be developed
into a City operated park for the period of four (4) years. In addition, the Agreement allows for an
extension on the Owner/Developer's modified Major Use Special Permit (MUSP) R-04-0717 for tile
period of (4) years.
•
Background Information:
On October 28, 2004 the City Commission passed Resolution 04-0717, approving a modified MUS�P
allowing for the Villa Magna Project located at 1201 Brickell Bay Drive. Currently the property
remains undeveloped. The City of Miami and the Owner/Developer of the property agree that
developing the area into a park is in the best interest of the community and have agreed to enter into a
License Agreement for Iease of the property to the City for four years at no cost. The agreement also
provides a four year extension to the Owner/Developer's MUSP for a period of time equal to the
license term.
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:
CIP
Et -using or receiving capital Funds
Grants
Final Approvals
(SIGN AND DATE)
Budget
Purchasing
Risk Management
Dept. Director
Chief ,/ ' _ City Manager
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