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HomeMy WebLinkAboutSummary FormDate: 4/12/2012 AGENDA ITEM SUMMARY FORM FILE ID: Requesting Department: Public Facilities/Asset Management Commission Meeting Date: 05/10/2012 District Impacted: 2 Type: ® Resolution ❑ Ordinance n Emergency Ordinance n Discussion Item ❑ Other Law Department Matter ID No. 10-9 Subject: Resolution for a Sublease Agreement between Miami Sports and Exhibition Authority ("Authority") and Linden Airport Services ("Tenant") for the Heliport Facility at Watson Island. Purpose of Item: The administration recommends that the Miami City Commission adopt the attached Resolution authorizing the City Manager to execute a Consent to the Sublease Agreement, by and between Miami Sports and Exhibition Authority ("Authority") and Linden Services Corporation ("Tenant"), in substantially the attached form, for the purpose of developing, constructing, managing and operating a public heliport facility and related facilities and improvements and setting forth a Base Rent and Percentage Rent, with escalators, for the heliport facility located at approximately 980 MacArthur Causeway at Watson Island, a City -owned property, for an Initial Term of thirty (30) years with two (2) Extension Options often (10) years each commencing on the Effective Date of the Agreement. Background Information: 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/Neighborhood Improvement Bonds? Start Up Capital Cost: Maintenance Cost: Total Fiscal Impact: CIP N/A. If using or receiving capital funds Grants N/A Purchasing N/A Chief Final Approvals (SIGN AND DATE) Budget N/A Risk Management Dept. Director City Manager Page 1 of 2 Subject: Resolution for a Development Agreement between Miami Sports and Exhibition Authority ("Authority"), the City of Miami ("City"), and Linden Airport Services ("Tenant") for the Heliport Facility at Watson Island. Background Information: In March of 1995 Thompson Consultants International prepared a Master Plan in which the findings demonstrated that there was a demand air transportation services in the Greater Miami downtown area. The City and the Authority entered into an Interlocal Agreement dated as of August 14, 1997, ("Interlocal Agreement") whereby the City leased to the Authority approximately 5.6 acres of land on a portion of Watson Island in the City of Miami, Miami -Dade County, Florida, for the purpose of establishing a seaplane and helicopter facility. The City and the Authority issued a Request for Proposal (the "RFP") for operators for the Watson Island Aviation and Visitors Center, also known as the Watson Island Air Transportation Facility, on August 19, 2002 and the City and the Authority received a Proposal for a Heliport Operator (the "Proposal") for the Watson Island Aviation and Visitors Center on September 27, 2002 by Linden Airport Services Corporation. The City has obtained a commitment from the State of Florida Department of Transportation ("FDOT") to fund, in part, the costs of construction of the Watson Island Air Transportation Facility in accordance with the provisions of that certain Joint Participation Agreement between the City and FDOT under Contract Number APY07, as in the total sum of $1,096,000 or 17% of the total Project Cost, whichever is less (the "JPA"). On March 30, 2010, the City obtained approval of the Airport Layout Plan ("ALP") and Narrative Repoft of the Watson Island Air Transportation Facility from FDOT, in which they determined the reports to be in compliance with Florida Administrative Code Chapter 14-60 and the FDOT Guidebook for Airport Master Planning, subject to certain conditions which the tenant must comply with; and on July 30, 2010, the City obtained approval of Form 7480-1, Notice of Landing Area Proposal, from the Federal Aviation Administration ("FAA"), in which they determined that the proposed public use landing area will not adversely affect the safe and efficient use of the navigable airspace by aircraft, subject to certain conditions which the Tenant must comply with; and In accordance with the Interlocal Agreement, the Authority and the Tenant have entered into a Development Agreement ("Development Agreement"), to provide for the development and construction of the heliport facility for the Watson Island Air Transportation Facility (the "Subleased Premises"). On March 29, 2012, the Members of the Board of the Authority passed a motion authorizing and directing the Authority's Executive Director to negotiate and execute an agreement between the Authority and the Tenant to effectuate and implement the purposes stated above. Page 2 of 2