HomeMy WebLinkAboutNotice to the Public CC 2/27/25CITY OF MIAMI, FLORIDA
INTER -OFFICE MEMORANDUM
TO: Todd B Hannon DATE: February 12 , 2025
City Clerk
SUBJECT: Jungle Island — PSA
FROM: Andrew Frey, Director( AF REFERENCES:
Department of Real Estate and Asset Management
ENCLOSURES: 10-Day Public Ad
Enclosed you will find an ad for notice of a public hearing to be held by the City Commission on February 27,
pursuant to Section 29-C of the Charter of the City of Miami, Florida, as amended, waiving competitive
bidding and authorizing the City Manager to negotiate and execute a Purchase and Sale Agreement with
Ecoresiliency Miami, LLC ("Developer") for the sale, upon satisfaction of certain closing conditions, of +5.4
acres of that certain property located at 1111 Parrot Jungle Trail ("Property").
Thank you for your assistance in this matter.
Approved:
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Miriam M. Santana, Agenda Coordinator
Enclosure
CITY OF MIAMI, FLORIDA
NOTICE OF PUBLIC HEARING
A public hearing will be held by the City Commission of the City of Miami, Florida on
Thursday, February 27, 2025, at 9:00 A.M. at City Hall, located at 3500 Pan American
Drive, Miami, Florida, 33133 for the purpose of granting the following:
A RESOLUTION OF THE MIAMI CITY COMMISSION, BY A FOUR -FIFTHS (4/5THS)
AFFIRMATIVE VOTE, PURSUANT TO SECTION 29-C OF THE CHARTER OF THE
CITY OF MIAMI, FLORIDA, AS AMENDED, WAIVING COMPETITIVE BIDDING AND
AUTHORIZING THE CITY MANAGER TO NEGOTIATE AND EXECUTE A
PURCHASE AND SALE AGREEMENT WITH ECORESILIENCY MIAMI, LLC
("DEVELOPER") FOR THE SALE, UPON SATISFACTION OF CERTAIN CLOSING
CONDITIONS, OF ±5.4 ACRES OF THAT CERTAIN PROPERTY LOCATED AT
1111 PARROT JUNGLE TRAIL ("PROPERTY") FOR RESIDENTIAL AND
COMMERCIAL USES, IN EXCHANGE FOR CANCELLATION OF THE EXISTING
LEASE AND CONSIDERATION EQUAL TO OR GREATER THAN FAIR MARKET
VALUE OF ONE HUNDRED THIRTY-FIVE MILLION DOLLARS ($135,000,000.00),
INCLUDING DEVELOPMENT OF A NEW +13.3-ACRE PUBLIC WATERFRONT
PARK ON THE REMAINDER OF PROPERTY AT A COST TO DEVELOPER OF
THIRTY SEVEN MILLION DOLLARS ($37,000,000.00), PAYMENTS TO CITY OF
TEN MILLION DOLLARS ($10,000,000.00) AT CLOSING AND ONE MILLION
DOLLARS ($1,000,000) PER YEAR PER PHASE WITH ANNUAL ESCALATIONS OF
THREE PERCENT (3%) AND A PRESENT VALUE OF ONE HUNDRED TEN
MILLION EIGHT HUNDRED SEVENTY-FIVE THOUSAND AND TWENTY-FOUR
DOLLARS ($110,875,024) OVER NINETY-NINE YEARS), AND CERTAIN
COMMUNITY BENEFITS VALUED AT THIRTY-FOUR MILLION SIX -HUNDRED
THOUSAND DOLLARS ($34,600,000), INCLUDING PAYMENT TO THE CITY OF
FIFTEEN MILLION DOLLARS ($15,000,000.00) FOR AFFORDABLE HOUSING AND
INFRASTRUCTURE; FURTHER AUTHORIZING THE CITY MANAGER TO
NEGOTIATE AND EXECUTE A PARTIAL RELEASE AND MODIFICATION OF THE
DEED RESTRICTIONS SET FORTH IN DEED NO. 19447 BETWEEN THE CITY
AND THE STATE OF FLORIDA INTERNAL IMPROVEMENT TRUST FUND
("STATE"); AUTHORIZING THE CITY MANAGER TO EXECUTE A QUIT -CLAIM
DEED TO DEVELOPER, IN A FORM ACCEPTABLE TO THE CITY ATTORNEY;
PROVIDING, THAT SUCH SALE AND CONVEYANCE BE SUBJECT TO APPROVAL
AND EXECUTION OF AN AGREEMENT WITH THE STATE THROUGH THE STATE
OF FLORIDA DEPARTMENT OF ENVIRONMENTAL PROTECTION; AUTHORIZING
THE CITY MANAGER TO NEGOTIATE AND EXECUTE OTHER ANCILLARY
DOCUMENTS AND AMENDMENTS REQUIRED TO EFFECTUATE THE SALE AND
DEVELOPMENT OF THE PROPERTY AS SET FORTH IN THE PURCHASE AND
SALE AGREEMENT, ALL IN A FORM ACCEPTABLE TO THE CITY ATTORNEY.
All interested persons are invited to appear at the meeting and may be heard with
respect to the proposed resolution. Should any person desire to appeal any decision
of the City Commission with respect to any matter to be considered at this meeting,
that person shall ensure that a verbatim record of the proceedings is made including
all testimony and evidence upon which any appeal may be based (F.S. 286.0105).
Pursuant to Miami City Code Section 2-33(o), whenever a scheduled City Commission
meeting is cancelled or is not held due to a lack of a quorum or other emergency, a
special City Commission meeting will be automatically scheduled for the Tuesday
immediately following the cancelled meeting. In the event of one of the
aforementioned circumstances, the special meeting would be held on March 4, 2025,
at 9:00 a.m. in the City Commission chambers located at Miami City Hall, 3500 Pan
American Drive, Miami, Florida 33133. All of the scheduled agenda items from that
cancelled meeting shall automatically be scheduled as an agenda item at the special
City Commission meeting.
The City Clerk shall notify the public of the special meeting that is to take place by
placing a notice of the special City Commission meeting at the entrance of City Hall
and the City's main administrative building, placing a notice on the City's website, and,
if feasible, placing an ad in a newspaper of general circulation before the special
meeting on the immediately following Tuesday. There shall be no additional notice by
publication required for any such scheduled agenda item that is moved to the special
City Commission meeting.
In accordance with the Americans with Disabilities Act of 1990, persons needing
special accommodations to participate in this proceeding may contact the Office of
the City Clerk at (305) 250-5361 (Voice) no later than five (5) business days prior to
the proceeding. TTY users may call via 711 (Florida Relay Service) no later than five
(5) business days prior to the proceeding.
Todd B. Hannon
City Clerk
Ad No. 43659