HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number:
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 2575 File Type: Resolution
Revision: C
File Name: Direct City Attorney - Charter Amendment - Jungle
Island
Status: WITHDRAWN
Controlling Body: City Commission
Introduced: 6/26/2017
Requesting Dept: Department of Real Estate and Asset Final Action Date: 1/25/2018
Management
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
DIRECTING THE CITY ATTORNEY TO PREPARE AN AMENDMENT TO THE
CHARTER OF THE CITY OF MIAMI, FLORIDA ("CHARTER") FOR CONSIDERATION
AT THE REFERENDUM SPECIAL ELECTION TO BE HELD ON
PROPOSING, UPON APPROVAL OF THE ELECTORATE, TO AMEND SECTION 29-B
OF THE CHARTER ENTITLED "CITY -OWNED PROPERTY SALE OF LEASE -
GENERALLY," TO AUTHORIZE THE CITY COMMISSION BY A FOUR -FIFTHS
(4/STHS) AFFIRMATIVE VOTE, TO WAIVE COMPETITIVE BIDDING AND TO
AUTHORIZE THE CITY MANAGER TO EXECUTE THE AGREEMENT TO ENTER INTO
A DEVELOPMENT AGREEMENT ("AGREEMENT"), IN SUBSTANTIALLY THE
ATTACHED FORM, BETWEEN THE CITY OF MIAMI ("CITY") AND ESJ JI
LEASEHOLD, LLC ("ESJ") AMENDING CERTAIN TERMS OF THE EXISTING LEASE
AND DEVELOPMENT AGREEMENT BETWEEN THE CITY AND ESJ INCLUDING, BUT
NOT LIMITED TO, THE FOLLOWING MATERIAL TERMS: EXECUTION OF THE
AGREEMENT FOR ADDITIONAL IMPROVEMENTS ON THE 19.35 ACRES OF CITY
OWNED WATERFRONT PROPERTY WITH ESJ TO MODIFY THE CURRENT
REMAINING LEASE TERM ("TERM") OF FORTY THREE (43) YEARS AND EXTEND
THE TERM FROM 2060 TO 2099; PROVIDE ONE PERCENT (1%) RENT FROM
ANNUAL GROSS REVENUE FROM A $50,000,000.00 HOTEL, WITH A ONE
HUNDRED THIRTY (130) FOOT MAXIMUM HEIGHT, SUBJECT TO CITY DESIGN
APPROVAL AND SUCCESSFUL ZONING CHANGES, AND AN EIGHTEEN (18)
MONTH RENT ABATEMENT; PROVIDE PARKING, RETAIL/RESTAURANT AND
MEETING ROOM SPACE; PROVIDE AN ICHIMURA-MIAMI JAPANESE GARDENS
SEVEN HUNDRED THOUSAND DOLLAR PAYMENT ($700,000.00); PROVIDE A
$500,000.00 GREEN ENERGY EDUCATIONAL FACILITY; ESTABLISH A RESERVE
ACCOUNT FOR CAPITAL REPAIRS OF TWO HUNDRED THOUSAND DOLLARS
($200,000.00) PER YEAR; IMPLEMENT A THREE PERCENT (3%) TRANSFER FEE OF
GROSS SALES; AND FURTHER IMPLEMENT AN APPROXIMATE ONE PERCENT
(1%) REFINANCING FEE; WITH RESTRICTIONS, REVERSIONS, AND RETENTION
BY THE CITY OF ALL OTHER RIGHTS.
Notes:
Links:
Attachments: 2575 Exhibit (PDF)
City of Miami Page 1 of 2 Printed on: 4/2/2026
City of Miami
Master Report
Enactment Number:
History of Legislative File:
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Revision: Acting Body: Date: Action: Result:
Mark Burns 6/29/2017 Department Head Review Completed
Everton Garvis 6/29/2017 Budget Analyst Review Completed
Christopher M Rose 6/29/2017 Budget Review Completed
Alberto N. Parjus 6/30/2017 Assistant City Manager Review Completed
Daniel J. Alfonso 6/30/2017 City Manager Review Completed
B City Commission 7/13/2017 Meeting Completed
B City Commission 7/13/2017 DEFERRED Passed
B Legislative Division 7/17/2017 Legislative Division Review Completed
B City Commission 7/27/2017 Meeting Completed
B City Commission 7/27/2017 INDEFINITELY DEFERRED Passed
C City Commission 1/25/2018 Meeting Completed
C City Commission 1/25/2018 WITHDRAWN Passed
City of Miami Page 2 of 2 Printed on: 4/2/2026