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HomeMy WebLinkAboutItem #22 - Discussion ItemMIAMI MARINA WATERFRONT TRUST STATEMENT OP PURPOSE A Miami Marina Waterfront Trust is to be created for the purpose of operating, maintaining and governing such marina facilities as the City Commission may, from time to time, designate and contract for with the Marina Trust. The Trust, in addition, may, from time to time, act as the City's agent in carrying out development of marina facilities and marine oriented operations. The Trust would be given overall responsibility for planning improvements to the City's marine facilities based on a compre- hensive waterfront masterplan, and the financing of said facilities. The masterplan would be subject to review by•the Planning Advisory Board and approval by the City Commission. CREATION OF THE TRUST The. specific method for creation of a trust which would have the ability to contract with the City for operation and maintenance of marinas and act as the City's agent in development of marinas would need further legal research. GOVERNING BODY The Trust shall consist of nine voting members and three additional non -voting members to be appointed by the City Manager. Four of the nine members would be appointed based on recommendations from groups representing the Marine Council, Tenants Association, environmental groups, and marina operators in the City. Five members would be appointed based on general knowledge and make application for appointment to the City Commission. No person would serve as a member of the Trust who has a conflict of interest or does business directly with the Trust. Only the City Commission could appoint voting members and could remove any member for cause. The Trust would adopt its own by-laws of operation, but at a minimum, the trust members would elect a chairman, vice-chairman, treasurer and secretary, would meet monthly and keep records in accordance with the Sunshine Laws. The Board would function as a Board of Directors in carrying out contractual obligations between the Trust and the City of Miami. Board members would be entitled to protection from personal liability while acting within the scope of powers and duties assigned by the City Commission. POWERS AHD DtTIEs OF THt_..TRUST The Trust would have the power to contract and be contracted with, to sue and be sued, to hire such employees as is necessary to carry out the contractual obligations that it may enter into with City,the as may be necessary to fulfill obligationskthat cthe tCity amay, from time to time, assign or contract for. Contracts executed by the Trust or other obligations incurred by the Trust shall not be binding on the City. In the event the Trust is terminated, obligations of the Trust shall only be enforceable against the City to the extent that such obligations would have been enforceable with regard to personal property, which was in possession of the Trust and with regard to income which would have come into the possession of the Trust. The Trust shall comply with the formal bid requirements of the City of Miami and the State of Florida. The title to all real property shall continue to vest with the City of Miami; personal property required by the Trust necessary for the conduct of contractual obligations shall vest with the Trust during the term of contractual obligation. The Trust shall have the power to hire and fire employees, establish personnel policies, hire an executive director and such other employees as may be necessary to fulfill contractual obligations.• It is anticipated that a transition period would occur with regard to current employees of the marinas. The City could contract with the Trust for operation and maintenance and expansion of Miamarina and Dinner Key, and the Trust would establish a committee composed of representatives of the Board of Trustees, City Management, City Personnel Department, and the Department of Stadiums and Marinas. This committee would consult with marina employees and employee representatives, and would submit to the Board of Trustees and the City Commission a plan for the transfer to the Trust of all City personnel functions in relation to these designated facilities. This plan, with the recommendations of the trustees, would be submitted no later than three months following the commencement of the contract for operation of Dinner Key and/or Miamarina. Rates and Charges - The Trust would be empowered to establish rates and charges for those persons using the facilities of or receiving care or assistance from the Trust, and to collect money pursuant to such rates and charges. Rates and Charges would be based upon the formula in Chapter 50 of the City Code, dealing with marina rates. Rates representing deviations from that formula must be agreed to by the City Commission. The Trust would be able to accept gifts and to apply for Federal or State grants upon approval of the City Manager. The Trust would use such services of the City as may be desirable to avoid duplication such as the Finance Department, City law Department and the City Planning Department in the Conduct of planning and feasibility studies, The Trust would be required to cooperate with other governmental agencies who are concerned with and have responsibility for planning and operation of waterfront properties in the City of Miami. FINANCIAL ADMINISTRATION OF THE MIAMI WATERFRONT TRUST The Trust would establish a fiscal year which coincides with that of the City of Miami, and would operate pursuant to the official City budget and amendments thereto. For each fiscal year, the Trust would submit to the City Commission, no later than the first day of April, a budget for the next fiscal year pertaining to operating and capital expenditures, which budget would not be implemented until approval by the City Commission. The Trust budget would be prepared on official City budget forms in a format prescribed by the City Manager, shall be reviewed in a manner similar to that in which other requests of other City departments are reviewed, and shall be incorporated in the proposed budget submitted to the City Commission by the City Manager. The Trust would have the ability to spend bond proceeds in accordance with duties assigned to it by the City Commission. The Trust would have the power to purchase and manage necessary materials and supplies for the operation of marinas under contract. The Trust would have the ability to enforce through legal means any and all contractual obligations. City could appropriate any excess funds of the for operation or capital purposes. The City Manager would have the ability and be empowered at all times to conduct administrative audits of facilities; legal opinions of the City Attorney's Office would be binding upon the Trust. Trust not approved The Trust shall be required to properly maintain the contract facilities and make any and all necessary improvements to such facilities in accordance with adopted City budgets and the terms of any annual contracts. maw— MK