HomeMy WebLinkAboutMaster ReportCity of Miami
Master Report
Enactment Number: R-21-0290
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 9090 File Type: Resolution Status: ADOPTED
Revision: Controlling Body: City Commission
File Name: Direct City Attorney - Charter Amendment - Miami Introduced: 5/18/2021
Marine Stadium Marina
Requesting Dept: Commissioners and Mayor Final Action Date: 7/8/2021
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION DIRECTING THE CITY
ATTORNEY TO PREPARE AN AMENDMENT TO THE CHARTER OF THE CITY OF
MIAMI, FLORIDA, AS AMENDED ("CITY CHARTER"), FOR CONSIDERATION AT A
SPECIAL ELECTION SCHEDULED FOR NOVEMBER 2, 2021 PROPOSING TO
AMEND SECTION 29-B OF THE CITY CHARTER, TITLED "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 AUTHORIZE THE CITY MANAGER TO NEGOTIATE AND EXECUTE A GROUND
LEASE AND MASTER DEVELOPMENT AGREEMENT, IN A FORM ACCEPTABLE TO
THE CITY ATTORNEY, BETWEEN THE CITY OF MIAMI ("CITY") AND BISCAYNE
MARINE PARTNERS, LLC (D/B/A "MARINA PARC") FOR APPROXIMATELY TWENTY
SEVEN (27) ACRES OF CITY -OWNED PROPERTY (INCLUDING UPLANDS AND
SUBMERGED LANDS) IN VIRGINIA KEY AND LOCATED GENERALLY AT 3301, 3307,
3605, AND 3501 RICKENBACKER CAUSEWAY, MIAMI, FLORIDA AND IDENTIFIED
AS FOLIO NOS. 01-4217-000-0020, 01-4218-000-0030, 01-4218-000-0031, 01-4218-
000-0010, AND 01-4217-000-0030 ("DEMISED PROPERTY") FOR AN INITIAL TERM
OF FORTY FIVE (45) YEARS WITH TWO (2) FIFTEEN (15) YEAR RENEWAL TERMS,
WITH THE CUMULATIVE TERM, INCLUSIVE OF BOTH RENEWALS, NOT TO
EXCEED SEVENTY-FIVE (75) YEARS, AND PROVIDING FOR AN ANNUAL BASE
RENT EQUAL TO THE GREATER OF (A) FAIR MARKET VALUE AS DETERMINED BY
TWO (2) INDEPENDENT STATE CERTIFIED APPRAISERS OR (B) TWO MILLION
FIVE HUNDRED THOUSAND DOLLARS ($2,500,000.00), PLUS A PERCENTAGE
RENT EQUAL TO SIX PERCENT (6%) OF THE GROSS REVENUES GENERATED
FROM WET SLIP AND DRY STORAGE, SIX PERCENT (6%) OF GROSS REVENUES
GENERATED FROM FUEL SALES, AND FOUR PERCENT (4%) OF GROSS
REVENUES GENERATED FROM SUBLEASE INCOME AND OTHER INCOME -
GENERATING SOURCES RECEIVED FROM THE PROJECT, PLUS ANY RENT
INCREASES AND/OR ADDITIONAL RENTS NEGOTIATED BY THE PARTIES;
AUTHORIZING THE USE OF THE DEMISED PROPERTY FOR A MIXED -USE
WATERFRONT FACILITY INCLUDING, BUT NOT LIMITED TO, MARINAS,
BOATYARD, DOCK MASTER'S OFFICES, SHIP'S STORES, DRY RACK BOAT AND
OTHER VESSEL STORAGE, WET SLIP DOCKS, RESTAURANTS, RETAIL, FUEL
FACILITIES, AND OTHER RECREATIONAL AND MARINE RELATED USES, WITH
RESTRICTIONS, REVERSIONS, AND RETENTION BY THE CITY OF ALL OTHER
RIGHTS.
Sponsor(s): Commissioner Ken Russell
Notes:
Links:
Attachments:
City of Miami Page 1 of 2 Printed on: 5/29/2025
City of Miami
Master Report
Enactment Number: R-21-0290
History of Legislative File:
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Revision: Acting Body: Date: Action: Result:
Legislative Division 5/18/2021 Legislative Division Review Completed
Jacqueline Lorenzo 5/18/2021 ACA Review Completed
Leon P Michel 5/18/2021 Budget Review Completed
Barnaby L. Min 5/18/2021 Deputy City Attorney Review Completed
Victoria Mendez 5/18/2021 Approved Form and Completed
Correctness
City Commission 5/27/2021 Meeting Completed
City Commission 5/27/2021 DEFERRED Passed
City Commission 5/27/2021 RECONSIDERED Passed
City Commission 5/27/2021 CONTINUED Passed
Legislative Division 6/14/2021 Legislative Division Review Completed
Jacqueline Lorenzo 6/14/2021 ACA Review Completed
Barnaby L. Min 6/15/2021 Deputy Attorney Review Completed
Victoria Mendez 6/15/2021 Approved Form and Completed
Correctness
City Commission 6/24/2021 Meeting Completed
City Commission 6/24/2021 DEFERRED Passed
City Commission 7/8/2021 Meeting Completed
City Commission 7/8/2021 ADOPTED Passed
Mayor's Office 7/19/2021 Unsigned by the Mayor Completed
City Clerk's Office 7/19/2021 Signed and Attested by the City Completed
Clerk
City Clerk's Office 7/19/2021 Rendered Completed
City of Miami Page 2 of 2 Printed on: 5/29/2025