HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-15-0530
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 15-01562
Version: 3
File Type: Resolution Status: Passed
Reference: Controlling Body: Office of the City
Clerk
File Name: Accept Mgr's Recomm. - North River RFP Introduced: 11/23/2015
Requester: Department of Real Estate and Cost:
Asset Management
Final Action: 12/10/2015
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), FINDING THAT
RIVERSIDE WHARF LLC ("PROPOSER") IS THE TOP RANKED RESPONSIVE AND
RESPONSIBLE FIRM PURSUANT TO DEPARTMENT OF REAL ESTATE AND ASSET
MANAGEMENT'S REQUEST FOR PROPOSALS ("RFP") NO. 14-15-024 FOR THE
DEVELOPMENT AND LEASE OF THE NORTH RIVERFRONT PROPERTY LOCATED AT 236
AND 298 SOUTHWEST NORTH RIVER DRIVE, MIAMI, FLORIDA ("PROPERTY");
AUTHORIZING AND DIRECTING THE CITY MANAGER TO EXECUTE A LEASE ("LEASE"), IN
SUBSTANTIALLY THE ATTACHED FORM, AND IN COMPLIANCE WITH ANY AND ALL
APPLICABLE STATE SUBMERGED LANDS LEASE REQUIREMENTS, WITH THE PROPOSER,
FOR AN INITIAL TERM OF THIRTY (30) YEARS, WITH AN OPTION TO RENEW FOR TWO (2)
TEN (10) YEAR TERMS, SAID LEASE PROVIDING A PAYMENT TERM OF THE GREATER OF
EITHER AN ANNUAL BASE RENT OF $195,500.00 ("MINIMUM BASE RENT") OR FIFTEEN
PERCENT (15%) OF THE GROSS REVENUES AS DEFINED IN THE LEASE, AND PROVIDING
THAT THE MINIMUM BASE RENT SHALL BE ADJUSTED ON AN ANNUAL BASIS BY THE
GREATER OF THE CONSUMER PRICE INDEX OR A THREE PERCENT (3%) ESCALATOR,
WITH TERMS AND CONDITIONS MORE PARTICULARLY DESCRIBED IN THE LEASE;
FURTHER PROVIDING THAT THE EXECUTION OF THE LEASE DOES NOT CONFER ANY
CONTRACTUAL RIGHTS UPON PROPOSER UNLESS AND UNTIL THE ELECTORATE HAS
CAST A FAVORABLE REFERENDUM VOTE APPROVING THE TRANSACTION AS REQUIRED
BY CITY CHARTER SECTION 29(B).
Sponsors:
Notes: Version 3 has the Scrivener's amendment made by law department and per legal opinion, it may be
certifies instead of version 2.
Indexes:
Attachments: 15-01562 Summary Form.pdf,15-01562 Legislation.pdf,15-01562-Submittal-Daniel Rotenberg-RFP
Summary Riverside Wharf.pdf,15-01562-Submittal-Iris Escarra-Miami River Commission Letter of
Support.pdf,15-01562 Memo-Scrivener's Error.pdf,15-01562 Legislation-SUB.pdf,15-001562 Exhibit
SUB.pdf,15-01562 Backup Documents SUB.pdf,
History of Legislative File
Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result:
1 Office of the City 11/30/2015 Review Pending
Attorney
2 City Commission 12/10/2015 ADOPTED WITH Pass
MODIFICATIONS
City ofMiami Page 1 Printed on 4/13/2018
City of Miami
Master Report
Enactment Number: R-15-0530
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
1
Office of the City
Attorney
Action Note:
2 Office of the City
Attorney
2
2
3
Action Note:
Office of the Mayor
Office of the City Clerk
Office of the City
Attorney
Action Note:
12/10/2015 Reviewed and
Approved
Not Reviewed Pending Information from Evaluation Committee
12/10/2015 Reviewed and
Approved
Modified to Reflect Results of the Evaluation Committee
12/14/2015 Signed by the Mayor Office of the City
Clerk
12/14/2015 Signed and Attested
by City Clerk
1/15/2016 Reviewed and
Approved
MODIFICATIONS MADE BY LAW REFELCTING SCRIVENER'S AMENDMENT — SEE
SCRIVENER'S ERROR MEMO FOR MORE INFORMATION.
City of Miami Page 2 Printed on 4/13/2018