HomeMy WebLinkAboutSummary FormFILE ID:
AGENDA ITEM SUMMARY FORM
15-00472
Date: 4/13/2015 Requesting Department: CITP
Commission Meeting Date: 5/2* t2015 District Impacted: District 2
Type: ® Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
n Other
Subject: Resolution to approve a Second Amendment to the Revocable License with National Marine
Manufacturers Association Inc. ("NMMA") for the adding of additional electrical utilities to Property
on Virginia Key to facilitate operations of the Miami International Boat Show.
Law Department
Matter ID No.
15-778L
Purpose of Item:
To authorize the City Manager to execute the Second Amendment to the Revocable License between
the City of Miami ("City") and National Marine Manufacturer's Association Inc. ("NMMA" or
"Licensee"), a Delaware Not -For -Profit Corporation, to allow for the adding of additional electrical
utilities to Property on Virginia Key where the Miami International Boat Show will occur. The cost
for the Additional Utility Work is estimated at $1,600,000.00 and is to be fully funded by Licensee
and paid upfront to the City in order for the Additional Utility Work to commence.
Background Information:
See attached supplement
Budget Impact Analysis
NO Is this item related to revenue?
YES Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No: B- 40668
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Imp , ct:
CIP
If using or re
Grants
ArA l/v
!c !. ital funds Y
$1,600,000.00
Purchasing
Chief C% City Manager
Final Approvals
(SIGN AND DATE)
Bud
Risk Management
Dept. Director , /4 1
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SUPPLEMENTAL PAGE
Subject: Resolution to approve a Second Amendment to the Revocable License Agreement with
National Marine Manufacturers Association Inc. ("NMMA" or "Licensee") for the adding of additional
electrical utilities to Property on Virginia Key to facilitate operations of the Miami International Boat
Show.
Background Information:
On January 8, 2015, pursuant to Resolution R-15-0009, the City Commission authorized the City
Manager to execute a Revocable License ("License") with National Marine Manufacturer's
Association Inc.("NMMA") for the use of a portion of Virginia Key upland and submerged lands
(collectively, the "Property") to be used for the purposes of presenting to the public the Miami
International Boat Show.
On April 9, 2015, pursuant to Resolution R-15-0172, the City Commission authorized the City
Manager to execute the First Amendment to the License to authorize expenses associated with the
adding of electric utilities to the Property at an estimated cost of $1,653,000.00 to be fully funded by
Licensee.
NMMA now seeks to have the City add additional electric utilities to the Property, at an estimated
cost of $1,600,000.00, for the general health, welfare and safety of the general public and to improve
convenience, ease, visibility, comfort and accessibility to the general public and patrons of the Boat
Show, with said costs to be fully funded by the Licensee. It is necessary to enter into this Second
Amendment to the License with NMMA to carry out the scope of work and to account for the
payment of funds from NMMA in the amount of $1,600,000.00 towards the scope of work. NMMA
will also be responsible for any cost overruns associated with the additional utility work. This
Amendment will also serve to revise Section 35 of the License, Public Records.
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