HomeMy WebLinkAboutSummary FormAGENDA ITEM SUMMARY FORM
FILE ID: 16-01099
Date: 7/26/2016
Commission Meeting Date: 9/8/2016
Requesting Department: CITP
District Impacted: District 5
Type: ® Resolution El Ordinance ❑ Emergency Ordinance ❑ Discussion Item
❑ Other
Law Department
Matter ID No.
Subject: Resolution seeking the City Manager to execute a Development Management Agreement with Oak Plaza
Associates, LLC, as Development Manager, for the procurement and construction of the completion of the City -owned right-
of-way improvements along NE 41st Street, from NE 2°d Avenue to NE 1st Avenue, Project No. B-173600 "NE 41st
Street/Design District" (the "Project"), within the Miami Design District.
Purpose of Item:
To authorize the City Manager to engage Oak Plaza Associates, LLC as Development Manager of CITP Project No. B-
173600, thereby allowing the City to accept a $750,000 grant from the State of Florida, Department of Economic
Opportunity ("DEO"), to fund the cost of public infrastructure and right-of-way improvements within the Miami Design
District. This funding opportunity, which has already been set aside for the City of Miami, will expire on June 30, 2017.
This deadline does not allow for the time required to competitively bid and award this Project. The City Manager will be
required to waive the requirements for competitive seal bidding for this Project on the premise that it is not practicable or
advantageous to the City to decline a $750,000 grant for public improvements.
Background Information:
In June 2016, CITP was notified about a $750,000 public improvement DEO grant that was made available to the City.
The funding program allows for the City's required 50% match contribution of $375,000 to be provided in either the form
of a cash contribution or a capital project that benefits the area. In July 2016, the DEO confirmed that Capital
Improvement Project No. B-78508 was qualified to serve as the City's required funding match. However, all work on
both the Project and the City's matching capital project needs to be substantially completed by June 30, 2017. Pursuant to
an executed Development Agreement approved by the City pursuant to Ordinance 13334, which was later amended.
pursuant to Ordinance 13415, Oak Plaza Associates, LLC ("Oak Plaza") was added as a Developer Party for a
development planned for the Miami Design District. Oak Plaza has engaged the services of a contractor that is already
mobilized on site. Oak Plaza has agreed to retain said contractor to perform the work identified in the Project scope, and
to cover the costs of any funding shortfalls to complete the desired improvements and to meet with the DEO's June 30,
2017 program funding deadline. It is also noted that it is Oak Plaza that identified to the City this $750,000 funding
opportunity and secured preliminary approvals on behalf of the City. The funding impact is $750,000.
Budget Impact Analysis
f'J 0 YES— 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-173600
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
CIP 11/
If using or receiving capij fitnd; j
Grants
472fr
Purchasing
Chief
Final Approvals
(SIGN AND DATE)
Budget
Risk Ma gement
Dept. Director
City Manager
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