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OLt1TION ATATtNC THE INTENT 11 W rdfrrt:_.
COMMISSION TO ADVERTISE f ATIOt ALLY FOR Pf OPOS ..
FOR.THE : DEVELO ?• NT 'OP. WATSON ISLANDUSING THE,
ECONOMIC RESEARCH ASSOCIATES:' REPORT, ,;,:THE POTTER,
ETTINGER .REPORT AND. 'INC LUOI fO MINIMUM STANDARDS
WHICH WOULD SU13STANTIALY Co 'o M TO: THE WRITTEN
RECOMMENDATIONS OF TIE. CITY MANAGER IICH WERE
PRESENTED TO THE CITY COMMISSION Ott `EBRUARY 24,
1977 AS THE BASIC PARAMETERS FOR DEVELOPMENT Wr'
THE FOLLOWING MODIFICATIONS: ESTABLISH A BUDGET
OF $35,000,000 FOR DEVELOPMENT OF THE ENTERTAIN'
MENT-AMUSEMENT PARK; RAISE $45,000,000 FOR THE'•, •
DEVELOPMENT WITH $10, 000, 000 THEREOF TO BE USED
AS A CONTINGENCY FUNDS OR FOR INFRA -STRUCTURE
DEVELOPMENT NECESSARY FOR THE PROJECT; CONSIDERA-
TION OF POSSIBLE FUTURE ASSIGNMENT OF THE WATSON
ISLAND PROPERTY TO ANOTHER GOVERNMENTAL BODY IF
THE CITY SO DESIRED; FURTHER PROVIDING THAT THE
AFORESAID REQUEST FOR PROPOSALS BE PREPARED FOR
PUBLIC REVIEW WITHIN ONE WEEK FROM THE DATE HEREOF
AND UPON APPROVAL THEREOF TO BE ADVERTISED NATIONALLY
AND FORWARDED. TO THE TOP 15 DEVELOPERS ALONG WITH
SUPPORTING DOCUMENTATION; FURTHER PROVIDING THAT
THE MATTER BE BROUGHT BEFORE THE COMMISSION FOR
FURTHER CONSIDERATION NOT LnSS THAN 45 DAYS FROM
THE DATE OF FIRST PUBLICATION THEREOF.
BE IT RESOLVED BY THE COMMISSION OF TU CITY OF
Ss4%1}! A
MIAMI, FLORIDA:
Section 1. The intent of the City Commission in ---
the development of City -owned Watson Island is hereby expressed:
A. That a Request for Proposal to develop Watson
Island be prepared, incorporating the material and recommenda-
tions of the Economic Research Associates Report, the Potter,
Ettinger Report and including minimum standards which would
substantially conform to the written recommendation of the
City Manager which were presented to the City Commission on
February 24, 1977 as the basic parameter for development with
the following added modifications: r.
(1) Establishment of a $35,000400 knidgt
for development of an entertainment -amusement park.;°
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(2) Attempt to raise $45,00,00.0 for`tl�'e` a,.
development with $10., 0.00•, 000 thereof to be .usederngency
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r pakc for review by the public anti .the City.CommitSion.
it2th'ih one week from the date hereof.
C. That the aforesaid request upon its approval
by. the Commission be immediately advertised in the national
press and forwarded to the top 15 developers along with support-*
•ing documentation.
D. That not less than 45 days from the date of the
first publication this matter be broughtback before the City
Commission in the form of a public hearing to determine interest
in this project and that at such public hearing those interested
firms be permitted to submit to the City Commission any amendments,
modifications, or additional proposals provided that such proposals
contain minimal provisions as outlined in the aforesaid written
recommendations of the City Manager presented February 24, 1977.
PASSED AND ADOPTED this 24th day of February, 1977.
ATTEST:
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RALPH G. ONGIE
RALPH G. ONGIE
CITY CLERK
PREPARED AND APPROVED BY:
ROBERT F. CLARK
ASSISTANT CITY MANAGER
MAURICE A. FERRE
MAURICE A. FERRE
MAYOR