HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number:
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 2584
Revision: A
File Name: Charter Amendment - Jungle Island
Requesting Dept: Department of Real Estate and Asset
Management
File Type: Resolution
Status: WITHDRAWN
Controlling Body: City Commission
Introduced: 6/27/2017
Final Action Date: 1/25/2018
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING, SETTING FORTH, AND SUBMITTING TO THE ELECTORATE A
PROPOSED CHARTER AMENDMENT AMENDING THE CHARTER OF THE CITY OF
MIAMI, FLORIDA, AS AMENDED ("CHARTER"), AMENDING SECTION 29-B OF THE
CHARTER, ENTITLED "CITY -OWNED PROPERTY SALE OR LEASE -GENERALLY",
TO AUTHORIZE THE CITY COMMISSION BY A FOUR -FIFTHS (4/STHS)
AFFIRMATIVE VOTE TO WAIVE COMPETITIVE BIDDING AND EXECUTE AN
AGREEMENT TO ENTER INTO A DEVELOPMENT AGREEMENT ("AGREEMENT")
FOR 19.35 ACRES OF CITY OF MIAMI ("CITY") OWNED WATERFRONT PROPERTY
WITH ESJ JI LEASEHOLD, LLC ("ESJ") MODIFYING THE CURRENT REMAINING
LEASE TERM ("TERM") OF FORTY THREE (43) YEARS AND EXTENDING THE TERM
FROM 2060 TO 2099, PROVIDING RENT PAYMENTS OF ONE PERCENT (1%) OF
ANNUAL GROSS REVENUE FROM A NEW PRIVATELY FUNDED HOTEL
DEVELOPMENT WITH A MINIMUM COST OF FIFTY MILLION DOLLARS
($50,000,000.00), WITH A MAXIMUM HEIGHT OF ONE HUNDRED THIRTY (130) FEET
AND A DESIGN SUBJECT TO CITY APPROVAL AND SUCCESSFUL ZONING
CHANGES, WITH SAID ONE PERCENT (1%) RENT IN ADDITION TO THE
CURRENTLY RECEIVED GREATER OF ANNUAL RENT OF FIVE HUNDRED TWO
THOUSAND ONE HUNDRED SIXTY EIGHT DOLLARS ($502,168.00) AND
PERCENTAGE RENT FROM JUNGLE ISLAND REVENUE, WITH SAID ONE PERCENT
(1 %) RENT ABATED FOR THE FIRST EIGHTEEN (18) MONTHS TO ALLOW FOR
STABILIZATION; PROVIDING PARKING SPACES SUFFICIENT TO MEET ZONING
REQUIREMENTS, FURTHER PROVIDING ANCILLARY IMPROVEMENTS
CONSISTING OF RETAIL AND/OR RESTAURANT SPACE OF UP TO TEN
THOUSAND (10,000) SQUARE FEET AND MEETING ROOM SPACE OF UP TO
THIRTY THOUSAND (30,000) SQUARE FEET; WITH AN AGGREGATE PAYMENT OF
SEVEN HUNDRED THOUSAND DOLLARS ($700,000.00) TOWARDS THE ICHIMURA-
MIAMI JAPANESE GARDENS ("JAPANESE GARDENS") FOR CONSTRUCTION OF A
WALKWAY TO JUNGLE ISLAND, NECESSARY REPAIRS, AND MAINTENANCE OF
THE JAPANESE GARDENS; DEVELOPMENT OF A GREEN ENERGY EDUCATIONAL
FACILITY FOCUSING ON WIND AND SOLAR ENERGY AT A MINIMUM COST OF
FIVE HUNDRED THOUSAND DOLLARS ($500,000.00); ESTABLISHING A RESERVE
ACCOUNT FOR CAPITAL REPAIRS OF TWO HUNDRED THOUSAND DOLLARS
($200,000.00) PER YEAR; IMPLEMENTING A TRANSFER FEE OF THREE PERCENT
(3%) OF GROSS SALES, LESS THE OUTSTANDING PRINCIPAL BALANCE OF ALL
DEBT OWED BY ESJ TO AN UNAFFILIATED THIRD PARTY AND TRANSACTION
COSTS, IF THE PROPERTY IS TRANSFERRED OR ASSIGNED; FURTHER
IMPLEMENTING A REFINANCING FEE OF ONE PERCENT (1%) OF THE
REFINANCING LOAN PROCEEDS, LESS ALL THIRD PARTY COSTS, EXPENSES,
AND AMOUNTS REQUIRED TO FULLY REPAY THE DEBT BEING REFINANCED AND
ALL REFINANCING PROCEEDS NOT DISBURSED TO ESJ INVESTORS, SHOULD
THE PROPERTY BE REFINANCED AFTER THE INITIAL REFINANCING; WITH
RESTRICTIONS, REVERSIONS, AND RETENTION BY THE CITY OF ALL OTHER
City of Miami Page 1 of 2 Printed on: 4/2/2026
City of Miami
Master Report
Enactment Number:
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
RIGHTS; CALLING FOR A REFERENDUM SPECIAL ELECTION AND PROVIDING
THAT THIS CHARTER AMENDMENT BE SUBMITTED TO THE ELECTORATE AT THE
REFERENDUM SPECIAL ELECTION TO BE HELD ON
DESIGNATING AND APPOINTING THE CITY CLERK AS THE OFFICIAL
REPRESENTATIVE OF THE CITY COMMISSION WITH RESPECT TO THE USE OF
VOTER REGISTRATION BOOKS AND RECORDS; FURTHER DIRECTING THE CITY
CLERK TO CAUSE A CERTIFIED COPY OF THE HEREIN RESOLUTION TO BE
DELIVERED TO THE SUPERVISOR OF ELECTIONS OF MIAMI-DADE COUNTY,
FLORIDA NOT LESS THAN 45 DAYS PRIOR TO THE DATE OF SUCH REFERENDUM
SPECIAL ELECTION; PROVIDING AN IMMEDIATE EFFECTIVE DATE FOR THIS
RESOLUTION.
Notes:
Links:
Attachments: 2584 Exhibit No. 1 (PDF)
2584-Submittal-Esther Alonso-Shenandoahmia.nextdoor.com (PDF)
History of Legislative File:
Revision: Acting Body: Date: Action: Result:
Aldo Bustamante 7/6/2017 Department Head Review Completed
Everton Garvis 7/6/2017 Budget Analyst Review Completed
Christopher M Rose 7/6/2017 Budget Review Completed
Alberto N. Parjus 7/6/2017 Assistant City Manager Review Completed
Legislative Division 7/11/2017 Legislative Division Review Completed
Daniel J. Alfonso 7/17/2017 City Manager Review Completed
City Commission 7/27/2017 Meeting Completed
City Commission 7/27/2017 INDEFINITELY DEFERRED Passed
A City Commission 1/25/2018 Meeting Completed
A City Commission 1/25/2018 WITHDRAWN Passed
City of Miami Page 2 of 2 Printed on: 4/2/2026