HomeMy WebLinkAboutSummary FormFILE ID:
AGENDA ITEM SUMMARY FORM
16-00500
Date: 4/6/2016 Requesting Department: Real Estate & Asset Management
Commission Meeting Date: 5/12/2016 District Impacted: 5
Type: /1 Resolution ❑ Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Law Department
Matter ID No.
15-407
Subject: Resolution for acceptance of the City Manager's Recommendation to reject the single proposal
received for Invitation to Bid ("ITB") No. 15-16-007, for sale of City -owned property located at 551 NW
71 ST, 7142 NW 5 CT, and 7148 NW 5 CT, Miami, FL 33150 (formerly known as the "Nuway Property").
Purpose of Item:
A Resolution of the Miami City Commission, with attachment(s) accepting the City Manager's
recommendation to reject the single proposal received in response to Invitation to Bid No. 15-16-007
("ITB"), for sale of City -owned property located at 551 NW 71 ST, 7142 NW 5 CT, and 7148 NW 5
CT, Miami, FL 33150 (collectively the "Property").
Background Information:
See Supplemental Page
Budget Impact Analysis
U 'fl.' 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: N/A
CIP N/A
If using or receiving capital funds
Grants N/A
Final Approvals
(SIGN AND DATE)
'�-"
Budge _
Purchasing N/A
Asst City Manager
Risk Management
Dept. Director
City Manager
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SUPPLEMENTAL PAGE
Subject: Resolution for acceptance of the City Manager's Recommendation to reject the single proposal
received for Invitation to Bid ("ITB") No. 15-16-007, for sale of City -owned property located at 551 NW
71 ST, 7142 NW 5 CT, and 7148 NW 5 CT, Miami, FL 33150 (formerly known as the "Nuway Property").
Background Information:
The City of Miami ("City") owns the property located at 551 NW 71 Street, 7142 NW 5 Court, and
7148 NW 5 Court, Miami, FL 33150 (collectively the "Property"). On October 28, 2015 the City issued
Invitation to Bid No. 15-16-007 ("ITB"), to solicit bids for the purchase and sale of the Property. One
(1) proposal was received and deemed responsive in accordance with the ITB 's terms and conditions.
Pursuant to the ITB, the City Manager appointed the Selection Committee ("Committee") to evaluate
proposals received in response to the ITB. The Committee met on February 16, 2016 to evaluate the
criteria and the scoring values assigned and determine a rank order based on the score achieved and
rendered a written Memorandum for Recommendation for Final Selection to the City Manager.
The single proposal received offered to pay a total of one million two thousand dollars and 00/100 cents
($1,002,000.00) in exchange for the Property. Per Resolution number R-08-0603, the City expended
approximately one million three hundred twenty four thousand and 00/100 ($1,324,000.00) dollars to
cover the cost of said acquisition, inclusive of the cost of a survey, environmental report, title insurance
and related closing costs associated with said acquisition.
The City Manager has rejected the recommendation of the Committee and transmitted to the City
Commission his recommendation to reject. The above actions and procedures have been performed in
accordance with applicable City Charter, Code, and ITB provisions.
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