HomeMy WebLinkAboutR-77-0671R-77-067 1
No Resolution on file
with the Clerk's Office.
See attached
supporting documents
and minutes for said
resolution.
A N'I is
of
EVEl:=�WEk-C►FL ATOR i,C;1;EEP.'k�Nt
T CIT OF !•,`.fAi=v'i,I 1.0',I
c: nct
DWLOt. AT Et TEF PRISES,
I -,sse:d ii) c1 �':aolution t.' i:...
our ih. i, t�� l-�. .�nOr. p�
on :lily 2. , t 2 ; , to; '-ppiovcii.
The I'.:S•)I;jtiOn 5h 11 7JUtho1'tz=' fi':. City 1,/,:ry : •to :fivcui:. T .Onile7-.i.i.:ell^itInco With ill.?
Mrs an:! c tl it iJns of th': out11n�.
•
OUTLINE OF P:'OPOSED DEVELOPE.:-OPLRAT OF� A':'I'EEt!Fr',i
1 THE PART IES:
Ot 'll':r of the. ('!'.al C'Stat' t'. d'll: IW.t.Y0
r
THE •CITY OF MIAtv'MI•
tl '`ir'ICSi'wi-a•%�:f ltor .
DIPLOMAT vORLC' ENTERPRL t S
EIoriJ1 Lirrlit F:ntCl"'r`,Flip
THE FROPERi :
.701-so l ISl;lnri, rr'oi r! i:! 1c5,' With ap0,"6>'1!^Cti:
Shoreline, -i I fi ;r Ge°:�!,-ribeJt in a 5a. Vey iQ h utt'l :I+'w=
as 'I I be J� � � /
all riparian
III. THE PURPOSE:
)i- f:iU'. i4 1__ Jo11'-, '; _ de 4,.. • ;1 Clti:,n`.ti17, 1''p,r. {:, (lt,
-rr V: ic.h sill.,
•
r:.;l piop'.r,) .al. Ir'prr `. L'r!t' t:'il':.:tl' .O.; , • on':
t:...l ..F:."� • 11• nulifj .1 t)"i.•*• :i'\.•I•p•: '1'' lc .'1'7. �� • .._ tip ii�'i: _ p
r I
FU:rll'itY 1'_' Ifl,i"i llCii;0 ._d ,_O ,!7 :'tl. C';11, .: -i, III. '`, n ilf,
n'are of ('; , with app•ir-..t'I;' ";' lia_<ll ...' ra' ci:':.: 1 ,t., in::11+..ink .!I
1 i r:tS Yrill •p:ri.t •V,' 1• .'ll ,,
,in U' :;�.tl' r)1.,1 c- F U'p'+. f1 p'J.. ; �J. p'.rl. 'I;.4). 'ri° i!' , 1't
hilt -ill ;`i .:I o1r': , r r.:,n.11, of i':I , n 1r 3,, •1. p .•n'. n'
its
IV. TERM:
Att .ri final t_rrr"-,or rni•
rty !.3L'j ; Zion", ',Maul .DUv! :.!or op:it:n rid
te'ms c:r::' ::..Inditions. In addition, on or b',iforo,
of th- option p^riticf,
`put usl ilt'.�i, i,at eff.)rt:, s:. n'l;t:)tiat'c cui !.a! ?i:i:)►1)I te..'nry (2(.0
OF1'{, it :;?:1;:1"1 !' +11 olso ill'; 1.1 t•. 3 17C)'.'li,.):"1 ti. •i! :'t,'
+':'.'C1fJ': t i °.i1'uti.)FI1'2: 1 O. :f!+t'
titir)il at':�I;f t.° »Y.•
• .1f t',i", ,"t .iitir`,ri•1:1
Cl;i.)itr.t4ti,)r1.r•
FINANCING:
D1151 sr cit ‘Vc•t I..: Ent•lpris�ts: Ltr , shall La !•'.ponsiihl:: for the piyrrmrnts of ill
c'�C 1"t1Sr'5 through th dolt? tii it tit. City of bil.t'f:1"1 r'et:fttV".S Oil uhr.lotwritC'rs bow:4•
t:atilmitmt-!nt,whiclt ,.9,,p,.tn',_'s shall include buz not btu litritnd to tilt, follorvin t`.
otcllitt't'tu ll, (in: ,ting
C!C37;J251'', taJi'1"tJlt°:f'1`t3 �'�� Air)
cal �ntJS rtrtJ �r,+fj9r't.
wt itt'rs fr?e... ,:In'i .. :ISsni'?
Jirtr �:ort IJIt!in• ft;;"S '..'tl.: '?aF7 tl'i .''�j
ipooun...4itdtran and r.!tmt.;ursoblc
ovel and communication costs;
St,pplir':. anti rri : 1Ion-ouc r::tlot id
'.=,:iquerlt to tity. dot;. City aF Loma co: -omit
P, 1•�t , all prof : : t' ;' d sx
't , *p�n�'ea ���:p .��::..�rl �:y Cl:pl.t�t•,ti ,'�,ot I;: fin rpri.....,, Lola
i' °. d to { y
r"' City O ht�ti:l'i ;.Uunt •"ri-yy I:':1 Li J f�'i�: t L p!'7r '�S o�i tr1
C. pitt,l Irt,pr•>`_ : :nt
°C.tirruted as an i3S!J' Of •,ppi',.:t
t i::v•:fl� p, 7!;:26tli
;Y,OOO,030, .V:1'ttc t shall br C7t7c"ilF1' f1t.Jllt�'.
by a pledge of tin '1'ourlt.'of non cld valo!em to c:s and franc:hist> f ,m,
t 3 ff 'P e t ery r r -n
i ... aro no. ot:t•a ;.'is pl • - r::�l, su i �i.�i. �:� t ,.#,; .r,t; c,.:t s._ i c:a ? i .! aunt
of the bonds not to t xc:.::d The shall b uus,,?(.;p pri'loxri lr for thry Ar u$err`:n. Theme !-ark
ihfrustru: ui:, irarchandk-, op^nine
t� an? p:iyr��ll, Clia{!,'; ! alt,. cltiOrt facility r.�lo,::t:'ct .:lip,rt, r: Ic ..:7t ;�uri—.
in' cIt11!';,. tior'i it C.?Sf,
t d' 4.��.�
hili 1.. ,.' .F :.pld ;':"Li
(3r :it i..`J
City of Mt;:,,,i underwritanp
. ►hi ai6ot cOs1j,
i♦ wnv�r�sUbj,.!r:.t to the fin;n:i:11 :t, • appl 1•,itl cF 1.11f2 City
0
it•iI t•u itcU,t Wiiislut
i''hcy cls5rtry tinC! dG
,y, ctt M ortli<+ 'ttcl lif'�t3t
151-
"fli�� r�ciridirt ?Iti, i�
� tag:{ri'{'IJ,tUr 1(:tIl ?�' i;tp�11°y+,,•3:it i "i''�
MY'iA
:.,,,zis of the pr�j':�<:i'► ,;';;-'
U1101\ ,O (Rt)SS 'RE\IEi1;JUE° FU ,
il�n�nt b'r_yr d EnterShia
os p tr frarrrcitiv. . pt���
fu'ttllr 'goof ont.v
i
of id rShi ilti rather, "r
C;ipinmc)t 1'orl J Ent_rprir,:ss'LtJ. .isrl..l,':ri :r> iv un' tioutit !qua1'to,3%,
all -cross rnvenu?s ,ts cid-:iilonol p"rf':?1a.-,--coa kl,m1' until giass i 3v`,'nues
.. co c,!••aunt ): S. J, -, ..a.,1 p,..r ,:-:rirt!,jt=•; :1i.:. .:i :: t,,,r r:. :i' _ .:n : - _?urt
qual to •Vr of all gtos, r:v•?nus'ulit;i truss ri!v; nu,..-.; leach on c(r•ount of
$ 9,000,031 p?r annum; an'i ihercoft..'r!•Kaceiva cm ornosint equr1 to 5%of
all gross r?v•.:nues uni i 1 q o s rev,triuss re::ch an ao-.lunr of $40, fttt0, 000 per
anrtutr.; ana tilcreaft•?r { tAceive on a(rount oqu;il i., .)`!••, of cell gross 1 -.,venues
kinliI gr:l;; 1 `n/s:Jnli ,; i•^'i'li c:n Ut"OUnt 0,7 S.-O,(,07.',(00C) p,!i cinnU',1; rjr:Cd there-
'oft:•'r 1••it2iV?• (In cu'oun :'qual t,J 7° ci. all 9.r:i:`rrevenues mil 11 ,i;O` revenues
1-wu(,11 an cl:'i1)unt of S6)),i)00,00() p21 ,.n'ry r; cirri ;112.3+'.ift.7,' 1 :iv..., on
cprount .::t tJ 1 to 9`1: :)f oil r;toss .. o .`on.J.,s, which Gr,,t11h1ts Shall ;:orlsi itute
fetal pt•1'fo{,:•c ncr; pcl>r.y' l: :o Dip; '�rr':i` /Grl-i 1. : p, 1'A i.t
ry
is;1 1'Ir1:~r4 os QPeicI1i•fl
1tia�n� tr;Apt-.410vv( evcr1:t1?ir:rtddI�.0 rid
�'►','c4f�,att'�1 l.ilir •Cc�;,�.�lr*p�=', nt, i,ri(�lijdl(�"•l�n:`{r1�
intI;i'a7,4tland i f7;4347.3r. 4 ta � ,1."xt
u defined s + i»:+.d I Flvri i St+7i,
��r�.iSS ��.v'�nlJ�.!� is d<. 1 n:_t k�� -i 1 I I +� �•.. riu : s .. .
VII: I:t16FHTS, DUTIES AND COE?I.IOATION`.; OF DIFLUMAt WORLD tNtEttFI ISi:S,
CEVE LCOPER-C' PERA' Ok:
A Stacie One - Fr _•-C.onstructbn
t Di.s ;n c:Oit"'pt and '' )rIOr llr =' itlClt1€ 1 1
dnti ''�r!.'►l.' c
biptOm..lt Viorld Entz!t'priti
ses, Ltd. sitctl
'IDt+7 :ssiortra1 d•._51�'It itid r'•_.lk1J' . .orhil,. t tr,+ tt'!f C,ip i
+
;pr+p:iring the cv rall design Sri i.: pt and l)U.iei,'t for tt1 . .t'.1cr..`it
cind tlrnt,serner ar:'o and p•irki r i foci lity owl -_bind, tied i' loti ci
'fa:.ilities to the point of p:::liminary dra•gin.;s and to the poitil.of.
i4lr,[i'Jl^1.^.i tlfli7il�i•ai f• c-isibi iti: I I an crwrltc;r
.., f 'tit. bonds to I,, issued.
. b1p1•:titn'It `Vor id Eri. ,: pr iset.,, Lta . 'snail .-kk: ,:p tf`t!' C1ty 9F�'t.'tlrri111`5
i ttcort"' .d ri t'? t i state
,f the design p'•,,citss in
orci.,r that he fun:.tion 1t1 in thl design process,
i
t ,ac,. trf t tk1., ). 1�.' 1R't for.
tar 'it p-k,+:eds 1-7 tr:.: pole. +7j p",. '.n .i.knrl �, _ City- �"
tspprcrva1.
:.Di,plornat Worl•,I En; '.!rpris-s, Ltdshell blur- x4 cut'i n
.Of they O:'V3loper•-C)p=.`ratoi cig _:mi�!nt to studies.
Sin. z tha tint°an- i.7! fensibiiit s ,ti ::ct! p 1'I,, nt uf;o;t the overall
ca',c pt and design, overall r;ow .lot and ,I1sigr rust pr ec de final
i•n' forr+ia projections nec_s,ary+ to provi:l•, input of financial viability
)o','uriderwrit.ar. Futt!: r, Sine:.'
Sapp,,),: 'd iiy Cit•
,,
P,1iar,;i a .45--d,.iy 1tiLDn .period" is tii_'. !S0
IoJttion?d i:1 ". 'ObFIA':' Ili tk"� `V. nt`-illit.i:tl d:sign +i ,not npprov''d
��it�:oF tvicar'i.
2� �incjnJn;y
totril (:o5t of h;r-rt frp_.ilitks
f5 l Off�5ltr? i rcTstrt ',turnrind dth ili:`t= y t.upof I Sh;itl i'YtJt'
t):1O 000 tho City of cipp:ovrtl rind sa�.tlI frit104.e
biemot to Purri,,41/ph Vti Ai mid t1 S"ct tt.3it!. 1i .t'�'h�;tl- '.j,btji lif'
1
CiII.I','.lyd Cr)Sts
Cill150ft ::ost?S
7.1II C1dV.' ;'ISIn,; itt1d p-
p
dv'veIopmr overherjd attributable
o V1L1tson f ,l irid Project (but
rJ t:oncest.iorts or fr,,es to D v It,p''1' 1''..1:1FlVC: iti t1'4= t,£itlstl't:lt;tlorlT':
9i Wat oa Isi'i;1'J r
‘,vorkin' :;apital for op>nirla costs; p;,il,:i
r`onstrU•"aloA.
oiat Vior Id Entp ' Lira, s
normally rLquir,:d i✓; ;,one
for S55,000,000 ot City of MIi I 19Bo6d,' frolrt an nc cept;oble
un.J,rwriter ts).
CUtl-:tICtion frndncitlw +:i]11 is prtl".+lit? ld::d rretrn
the Band Placement or by using th:1 car"lmitn;4nt o
place. ent OS
ucurit'y to obtain financing frore oth t fitl'li't .i'II institutions or sources.
r�
7lF£' t"JSt ��f SUr_41 int?r1111 fin.ir.�: iil,j .�;_tl! Tri ,I.t:l::(l :n ts t ' o1f:;itil
budgt t 7t cl welopnlent cis ,
Wo °" Conytroction
rrr. :Jiat 'l': subs qu."nt to titre. a:quisiti'111
t)iplt,rnc:t World .�fSt t' �E.'!`�r 1.1J,
crMit0rt t )1• .14.=: p k'..1)1:.tt i%..nt cif 3
co nstr u•• t ion viol l i t d-_wi�o.t.
0
construc•ti•7n sp:!c:ifi.-utinns cnct ',1.•!II p.,Jvi �:
'complete biddirt t documents
cost estirrtdtcs and rc' u<,sl and obtain with. the City
ds,istcltice
dpl rovals from ai.t:n .i^_s having jt)?isJi:tiott
:developrrent p.rr•iit 'or Viotson Isl tnd
.r
'-A ter prov it.j i nq for c1I1ove, as n.-.!c 'ss...1C]:, `l�t
I I
advertise for constru':.tion bids
evaludle onrl recoir m nd conlrack): s
execute contracts, subject to opproval L) C►ty of,Irlt►r:
obtain required p2rrnits
provide: an c1;Firr..ntive actin'!n progrorn
coir,pand obtuIn Certifi:•
• r.!quir Qd.
II contr. -tarsui':.►bIy Lclndai:l•.:and shall piovid;r a p';vfoimartc
-.and d p'1yr;iF'r1t bond as cppl' •:a D!e_,
.!-Three Op :r�.tians
�Thc part?::: rtr►.� 'r�.l•:nd t.itid .nrr.� "
h 11 cJ'.rred t�� i,� nn Cu•i
'iid, not '•.n
of the City of Miami, and the employ.;,. err cr•t grits of Diplomat *World
:,.,Entzrpris:s, Ltd. sl'all not attain any 11 7i1tS or bc'n''fits ►Jnd'?r tl►r: Civil
o:' Pen,,ion ors innit:,'s of th City, of
offal t' a siFi d rY' U't 7:'sifiC.J .,•i^p a j''' ,.s; +U �t►,1"{ [)Ip J^' ti \'odd
'Ertc;:Tpri,:., Ltd, is rt',; nr'iI l d t. f l<),•id.I
•n'*, Cnt;,p.:
il-2fitl;or, :an (:r1p10,',?..: o` th-' (iiy, t',t,. city ,i.';l1 x
]rd rrI i~C"-)J• Oa) II "'III
Ltd
•• uis.1 rra c...•,itr.'i 1,
ItIons of t;';pio
the r r�,lfin t.sr .rppioval ,'s' tt,•City of Mi 1:•ii, ':)ipl,��;;-�; �'lori� Ent•2rprisa, Ltd,
primnri ly fe). the d i t,-.1 day .)par rltion of tke Amr.rs tory-i
M'_irina trttd r I,it d fr ciliti:rs r'nc,arr,Pastiriy the cnt`rte
;etsiig thot s 1jt ���,ts � : i ell a oh by ct(>. drill $hdl I
ijaSe & G_IC C1rTi part ist" tI'1't cd prv't7ci f t%j '111 lii:� ord irl �y �V'1ft1
,dtiproV!,d pl,:I j cnd ws11_.'+ i:'isltr°nr�sd to sopp3tt and, be
tr.tllary to tine or rre `•Vatsot1 {slarid b.. .JIop'ratit ►
o grant ecseroe.nts or riglits-of'•wcy to i ecOtdance with fie
plans.
CI to liar10'N t",)•1“ y::11 in :u,
develop:1 ;ttt
and Operation of th„ r a':IIItr: S r'1 tkc; approvr'd phis.
o drei'/i, rooky, accept; etidorte, sign, arnJ deliver tiny nOfr s
(jl' other tl':Crat{r1f71" ;t4trUr•ietitS or comr-'1-a'CIrjl 1: tp<rt
To pt::•=p'J�•, it, whale O in p•.11t, inCtedS!";
tit':�alfy, ':o(-,t;lldit : cll url/ ur19'li;r"Sfditi ,ted ,"Ir�rt2lci
Jyt
Se.cur.ity. i nt'•'r.-:it aft nCt ing u 1 of -rrny pert c>; th. , pt'aPer.
fio becorn" u E.urety, guarethio; ; itids"^I1i#.ol , ar ctt:corroadcition
,any obligation.
t0 ,establish, maintain, and draw upon ch•,vl;ing, savings, dnd
other accounts and to designate others to draw upon any such
accounts.
To employ, fix. the cor pen_rstio!i'ofoversee, and discharge' a
and ernplo> was.
.'J .enter into approved �`Oi?i`•S'"SJi:tl'_in, OS' Ot,"a'1' contracts.
To �'.iitt?r Inontr i t-; f•Jt or person'al property.
'To r.+ake an; tax el,.rctions under I.R.S. regulations.
To Or t'C:'1:', t': 11C' 1 Ana% �!►• .'ti'., `.,ttrii to dti;"r°',rn nG� .
highest and best use: of th, prop-,rty.
To make cand.•or change fis al r:ar .
To .:Ixecuta, ::;:f r+a.vl<-dctn, verify, and dniiver.any instruments;:
i
desirable ro errr:cturar:, t:�:� above.
To do any or all of the above through ag'=nts selected by Diploma
World Enterprise , Ltd.
'.'To II) any rind all of t11 for egoinrl tor such oaniid'?ration, and upnn
si:reh other trms und condition:, os V''Jo='Id f.nt;rpriSf,'s, • Ltd..
T:='rrnines to he app'cpri:rtf�,
re,li,-Diplomat icr. tt� �l,ashright
t ,
il,lly onIt:. p')'.'v�'r :a!l�i C7Ut•:-ft'It(' t:� bind • 11td:'f•Stan'`IinCt t'lot
ra•;�'t5 p.:)"rtl"S7( tti':iiy .}r ' }tl,Revenu'.s
',bYit:o"i ('•::Ir1.ni E) ..r .I:,p._ Ant, shall (i, t
.l r,�1 �3i 1., i :ii ;'tiorl ,t En;.rr,pris:x',, Ltd.
;I_ t� 1. .(art, �• '��} .�ri�• s; a,i�it� �r�. P
•
r
'3, i!oaks cind rye•:.a c
4
Dipl:)''l:it nterprrs= a, Lti, ,I„ill t • f! C tUir' t }._' t,opr
corilpl'tr' and accurate books in u,:cord,tnr:t' with rjefi-.'r'tlI; accepted
accounting principles, Such ht':rll•'s shall t`tdintc r(L'rt al ifs rincifol
office, and s!"`1I1 be :ivCtilui)lt'' t^ tilt' p.i."tl:'s o; their r.. pr,.lsc:tttrltiVcs,
lridep.?ndent C.} .A.s, jointly s'l'.'.:teci Uipl.. rl'at World Eht;'tp'-ises,
�-
-,Ltd, rortd the City' of 1wtir�'; l i ,3ch party L-11,,nce ii�?Eify
i ` s s 1 , r 'l' ti f �i , 1 • '. Y te.
ruflt '.ind oslo .,t�1t%tn�",nt, C1n.l 'ICr',_.Intlt`•,',�:, t,!: 1 �r11.';. Ctn� p rtC?t..^.'.lnu..
t ,. , it i ti f application
�i�tyin-en+ fas d:,s.ri�.:•�.� in VI -t.,o•.;' �tttc. .,�.u:t:t.- f:.n,
of funds within one hundrnrl tw.;nt, (I2O) d_iys riftcr thr end of its
fiscal year.
Diploln<1t `World Enterprises, Ltd, s'}ctl! keep City' of Miami inforrne
„f.. r;t `i.r•7n::in != a;inn.
of its ! ansactions •) tJ proposed d:_. p••:�' , ,f, ,,,.
oper'ati-.)n or ot11.2r d-:7lin 5 with t:,g,-ir,7 'D th(• .
biplornat Vvcdti Eri':rpris. '.., Ltd. shr111 p:'r, t. to, ',A!<itso,; I}rind Dev kp!ient
on a hc7sk .-a npar_61e ti' Hat d ai t1t.7 a..1,u,;.o.(.'nt parks,
specialty centers, and fnarinas in the United Siat :s. Ilti; should r"salt in the
titaintainit. Of 'go)d quilii, standard!: .�i; _ rf�:.p•_ :i
• operation in order to a:F.iev:: a sntisying cxp,rience for the uses of the
Watson Isla,ld facilities.
Diplomat World Ent•-'rprises, Ltd. shall .:'ffarttc to op. -rate
the compi?x Jn ❑ financially efilcl•..n7 oasis with u uChi•-'a•itlrg a
current obligations expense, as set forth in Pacag:-oph VI.fi. Iiereinabove,
''of. 67% of gross revenues, as defined in Parugr!ip'' VI.D. itet•einrbove.
It, tn.' f.'Vent the curt •ant oL ii:u tun., t'7ti•:), !75 •
•
rii,.�d }i«rf'in7h vc', .
mr,:reos'e , tilr'.11 iri Such .?�' tlt, Dipl'},^,?ttt ‘A'o+ 1_f Ent:rp i.s,--s ' Ltd, p:'•forrrtrince
p.oyment 'as forth in Parceoraph c",-1,-.,.,-114111 of one
ercent (, t .' } for each p'i ,. tttuge p:a iht *)
vlII'
•
in 2nt curl :mt. i ), r:
etleds? thr.ln in SU V(3, Id Ent !rpric,..!si 13.-jtat.eqatit
„, •
, • ,„ •,,
fit dstt11 lot111 111 n dJrcip VI A shall
Aititiiht (*TN tor t-act) four '(46/r)
without
- FES AND OBLIC,A1 lCH bt:
0110 •- Fr,.-•;?••=-CritiSttli,...r;On
....„
r....ottcpt and .
.14. of Midrni .I•eiv.2 Ike 'tht pproV:, oLDt,
orrit-7tend,A..1 d scn and econo,nic tirianciAl F isiflt, canr;u
pit shall nut unreqsonably withhold such approval,
ity of MiaIni 1 uppuosn ve ot co
prior to finoli !ation ti poln't rwc vLsary ft.)r linancietl
consultant to: prpc.t.'.:. if -,art for Bond tJt.ILI.:littir(s). If C11‘y:•.:)..-1,i,,,,.",•-,::..
: „. ,•
..„
, .
., ...
.., .
, .
. .
: .
,..
iatni.v/1110;o1J,'propp ,-..ipt aroval ','' whi,-...1, i,%tIal I pot: anreasonal) yi,i164., '
: • . •... . , ..,„..
••• , „ . ...., , . _ , . ..
, .
:,•4 r.r.or, Ff,,,,..i.l I L., ,,,, a'',.*. , (.1,1, '.1'1,') lift', utio;), p,f,r..,..od .: adL.,:td to •ill'elril,fic! „ •,,, ,
„,.
0 day ' doci an phas:, ci.:Si-ac..14 i--: °nil! ., 4-,,' '' 4.'-, ":'..'!' ' ' . ' ''' ::::'-:-.1:`',' • , — . -::,,, '-',';'''':'.•;.-•:,,,
9"o provido t,i?curity '..6r, the.clAt'sery.ite- stit
efore, attctndant to 41,7.. capital irripl'avOiiirm t, y , v. • ,,,,,::,•,„ •t ' I !' --
,
.. .. -aVali1
iIIpledge thc follpviing:
Ftom the oper -ring balanct: ti rly inu4s'
:obligations, as described in Paragraph:VI,. hereinabOVe,
... :
-.• 'and reserve for repair and rt-.Place!trent; as clesCrib:Aliri-'-:
.
. .
. .
aragraph VI , A, , h:..r&nobe)ve);.pf it:.:A27,1-iirf.iii:.ni. Ilitril'e•Paiit'
oriir, uric:11.01 fticilitks in the vtuitc 86 ocros,
or:taunt tpuffi:i'Vi11jo u.r,c);ti k1 1-tr)11d issue o
00,),00-)f an-1 any cidditi90.111y Cipp d,)1"K
4
rs
11 Vrorn Hon -ad +rtlwerrt FaY.•!s �an:i ft atiz.11<•.. -re in a )itt t,
but `'ot iitnitee tJ.t Flriridra Power ond Li•th+ and Sout-ii :r
ffdiitliise fees)-). can cttnourit of whint { �
tIs 'pie.d6e+d acid is sufficient to ririrfrftZe t�tl"fi'i'
S7t1t 07:)'t000 of th totU tr? rror,i
w
ail l i? debt
%�
YC ihce as described in i s active,
C)fMiami st"'all 0.,,jrPe t rrioSatidh
iSd limitations on p'tt'itt` Ci•''ht cis
itiii lar planner and fo'rrn ts{,titli r tnUrlic1pr1
'ncture
rtlt-:•ll,-r'=.i :"i':"'.i1,�'t rp-l' f'..ii,W,iFiS§,'4.;.�}-
vi0�trULttnn
"{�i , e=�e• �; f�.::t "t��G"��`':':' r,�:.vET�''`�1A''iS's"'y'r_y i
of, Miami -s pre. poration of ti?
~
inthe. development of Watson`I
�t�✓ri��t"t�i'th,? following, and to use Its );' s cftt?Y 5'•tz' Obtain
ftarn sour cies oi'7er tii:lt"t :�S�a'ptf�+pi.)`aed. Sr',',(?;10,
uhje: to the 'reasonable a�E? ro'vril'of the Developer-Opyrotoru
I�su'et,srt
w!iich co:' !..toy inclt)d?d in tl11
these Infrastructure improvements (-re not avallahI ifo.11 other .porecs,
provided, however, that the costs charged tv th`3 (Li y of h�if,r`,S tr3�;'t`alt
bond issue does not exceed S6,000,O00.
Initctr> s•�.ver, water, electric, and ;.3a5,1I ,,
i for a rox 6 0 cars. surfs a park ny Np rr.a ,I i t. y 2 �
:on -off access ramps to the. McArthur Cou:,e,,y
pedestrion ovorpovi and service Ion*
drains for that ent'ir� isle nd
r ferry docking.
•
I't le location and up.j-c:Jinni
'.
fl), tiart of t..Art:itlr
bite work and fill cis required by design and rrppliciililtflood 'Oil rtidit
of 1' citnl sl ;ill have thy_ right to approv:of
Y
Cdtistruat1 on worl.rna tirao.'ings
tirlal Plan
)iddin.-t doi.wn .,nts
'CiL15i t'{it 1'"1i7{'`'S
lI rt<)t. unreason suck opp:r)y.>'
City of Mi.ir'li sl ,'11l pr0vid'` on a priority k<<;5i'., its staff r".'SolJrces acid
assist developer in providing information n.-c,,.'scary and shall cooperate
with dr:vel-)p. r in his effort io pror-ptly o{-rt:l1,1 ,Ippra•. al'. and Cr�ti►ir.rats
of Occ.up.-n y fray, ul1 Cir',', County, Sto'_' and F :u;r•:tI Ac;:►::t,:s ittivrn
jurisdiction over th piaposad irrp o.•e1m.nts to Watson (SIt1nd 1 n;:Iud r
.but '.. C7 t
na,+ 1:'n 1 tt0
Flot-ido Depnttment ai Er,vir, nr'icrti•tl k�gulatiort (DER)
Eloridcl Deportment.- of N.Aurral R''sources tthrougr.t I)ER
r
Florida Dapurtment or Administration - In Associrltion ••vith tit;;
South Florida Regional PI..lnnin Coun it (DR')
Florida -South Florida Water Management District
Flr)rida Ueportm:?nt a' Transportation (DOT''
of McArthur Causeway, Watson Island portion)
.U. S. Corps of Engineers (COE)
U. S. Coast Guard and Dade County Part Autf.ori
U, S, Fed hr:tl Aviation Agency (FAA)
M.:trop:)liion Do,J. County
City :)f Korn;
i; i5 Lr711tfirilpl ►tC:d that "fast trockrrconstruction r,rr•ti'.)ds ►'ay
oilpl yr; City of Miami aitll ,rr i::, appittval p-trit'
;':
ding re
.'s.;.; r.1 nl.°trn,3r cti'ld timing can;i'l•.anr Wit{: t{i.' ".lost trapk'r
rs,j,i::,i.,:) t 1�.:it't ti•e fi ryu.t;; f'ot Pr;:,pcwt.
1'1I .,- Jv c'en
X.
h1a1 `F-•JI t1YE�t.iS^"SiS.I�,•1�' '4'11 '. Old approval of tvz,itru,rta til ,
"tatitro(Ar t5i ttid sift Uh'cOhtr tlwtortt oirehieritj%r c+ir9,
r iJt salt uttaUntlri=,'^int'l,otliur prolus'sfdncil d;'J i,ititihe'rn
b tievekp.�'r
CIty of Mi0 Sililll-prOtriPt�'j''� I�l'p' tj'�llijif:"a G`l t'11it':iu�?.kl
1tin:sit AtttI urit;`t tiri,l v'.
ci.:;tt:�LiY`J,►.,r.:.,i;,,:i,!t ji r1Li
t1 one,J c;+ "`i ,�t U ii'"r'�;
rtOrity. 'st ua i �str3�;'si si .
1�(itson 151 �11�I .onn,tcti1!ta v%I
tv&)v'r System) Pl';G15 I, 11
hckd
'Ord;' toirtiQtt c)f tife' Downtown
ell-a!,i,(111;rf'ri.'g1si in regard to ill??
�li
°poseyd V,f�:tt; rborn Transpov:oti.�n Sy teirlt css Yr?II us ct si'litr requ',st for the
,+tension of a Shuttle Bus System to and from Wat•,ott Island aid the Grt.+dier -
.
'keo
ageTt t''- Ol.,t'at_i,Dtis;:>
City Of
F?.
At nis,a.m_'.nt in,:ttrte- Pork
Incl `lili�lcl'•ydj"tt,tlii'1 x'litl'lQut Iri
doy to rirl}' nanOg �t tulai ;.ir 3,sttt;l l ti st utlr.:c15ui1 tl;l� .viri0Ftold i'ts approv!,
In''r.otiod in Sjectl'Jn VIi, Pc"
of Mi .:Yni , at no cast to Diplan-at World En� ,:rpri:..s; Ltd., shall
c d' eI -m ' r advertising.
'prornot'. the c � v api-' t i t its municipal
City of i• Diplorl `.t ..: i'i.'S E!;t'.rpr.i:'yi,,
provide adequate dir•cttonol signs, traffic
Island.'
co
nti,nand-
for.,,
visitors to from .tJct�ot
\
ENERAL COt 1DifiQi�.�.
rin of A;jre,-nt,tn
etif;.iit It shouit:1 he' dt';IC!eriin5.1d that if ogrt? rfi"
itched without detriment to the d ivi7lopt±r or th' hot-#ds -Iini•
led improvementsi the dtyv 1
yitl r3teii!icitetJ Ir_tssehbld agreement Witt
-conairtt)ti�
iil l 5c"iI Tti:4,t5. It.; S„ a:titit
lull t srtalp t
i "rir : fti �tr�t .t ; 'v lI t 'r i?'; p q r� ,�t utir t 3' 1
lU#Uf�`',y' iltl'1, .',c"?»'' �'�$$ S a:`_atl itT +?on., li�i"+'�i+r.�arx l` t•Si
jwts''trf cithei�' d' r nciks`aF'th.o"Stag- or Florida, and in this• :bent_tiiti't't
cdr}rt of competent jurisdiction determines any ,'ronicipal'Nixes are due'oh,
property, they shall hc±cornt� a pa. t of "Currrunt Obligations '' of,the pro{
d ahol I by d: Ju t:id front Cliff' of Miatrlf ra
'iy City
of M1icrr*ri rtcrLhy d^_sign«heytier. C,it;:
p6wver•ed to effectual the ,tol'ins,of ythis cnjr'
5t 14 r onahle.tnonliat:ifii')_,^jt
fhe Cit rvAtihager.r iay. "d.:I gate all -or, -a
il,a"ty`;; theCItv-of I"Aior„iis Prot, rt-Ui-t
maliale
obtained in'accor'dancrl with this Agrt?er 4t' �'� art•ie$=,ilF�!SiCY�if;a
r;p
�yrv,-,�;;^.,�>; �.c,1,t instriamt3nts`'lat1S
Itver°at ,c`: time of signing transaction; 'ar` as n. ed.ad
nts.ner�'�sst�ry to effectuata,the obligations: nd'acirof`'pcirtirrs
t the other and" each partyrepresents and'��arrants•that,: itA,h
one unto `• r P
ful t rit t c te'r into this -agreement and assume:and,'perforr
pwr_r_ and autno t y � n .
obligations,
E 'a '' r ^t••perfoi:rion�r� Ot - any 4ai r'f-^'r•t'ti„",ht'�
t,-.>P�z1�•tt�'r,N:arty, ttto}. kt'ct1Ya• t tA.. 1�<
.st#itctiol klerc'aia;rr=}t approval c#4E>`+ t < > , "f n ` "` 5u Ci1',, •y !
� ra Chi[, �t;�.'.-' •� f-- ' , _-_ :,`; ` ;LL ,r;�`,�."r:.
#S` "V.'iav:rr shrill h t mad, in 'tirEtinrj, t.ind waiver 'of o`rjet ta
a-
#1 t?t t � ;#t�i12 :j`,,, 4'`"(t �1. 11 1.,AY ►`C —45'
Cis j AcJter,r,-,ent birldit, ; upon
of themselves, their reprr?s'ntuti succes..or5, i't'Jt::i,`oe:., ;t;'Siin
•
tui-srdktties on() o i•jns1
tty of Miami shall not sell1''iatsori !shan't tir ossicjt
i; t except to another yovt,..trrimerit body ,
TI-e, rules and f_i_'ili`ies or the Arr!ericcir. Arbitration A'•o,.i°r
Settle all dlsadr.:e—+:'nt:, l)etw.: r the porti::s.
'bipioitiat E t.. rpr isesi Ltd. shall robt liit on fr h :ilr r>t 1'1e 1
t�E15 Aiir of!riterit
nt'c )ssary and ciincur n :. C3Y i a In ludlii"1
the Bond under';Jrit-2r(s), the cost of which shall be paid tir,trrl Ole F'r-uject`s
"Current Obligations".
The City of Miriri shall obtain or furnish to the entire Watson Island Dev:?lopment
all utilities (in'.luding electricity _sanitary s,:.werrl+.1N, `.Yai ?f
tvVu+^,ll t5 net hu lu:` e. cost, p ii`.i troll: t'tj _• "Cui i"i?rit
(�t.+lirfr7tioris�+.
r� City of Mi•.ini !hall F:trsiVitsoli
lsland Development Project, any reason:ibl, ovallabi.>'equiprneni, [awl, supplies,
sf°i:'r',^5, Ylltl?.: )t i;irt.t?, incit):flr'• bus 11.71 Ii:!lited to, :if ..'''ivi:,.'s ._'.t:'.'rJ, ll to
City of Miarii' to...payer5, ohsrt storage rwrS'c'ry s'!Upt
disposal, rrraint•?nctn ..., docL icy• faciliti _s, and tht. Iit F all of wl+icl-, are
intended
to enhance the d veloprnent and operation of the Watson Island Dev2Iopment and
r-"du:.0 project ;.osr.
Diplomat World Enterprises, Ltd. in its op -:ration of its I; ties dov:,Ioped tin
Watson Island, shall effectuate_ and maintain cn equal opportunity employment
�1 c1n�1%ud .
N'atices rescuer i'n this cantraCt shc1II Ir^ t iiilecf in•writing +j Certi!i•td Return..
R�,I: yipt letter to the.: narnes Wild addresses of 'a ,h of t=it p.i; ties list.,.t :,low, or. i,;
•sti .Il norne5 and nddr.'ss's as wwwcy I<.! det^C+lltl:'r ir)r+i
Crlj' of /Aid1!I
C.li, tl :II
I'un Ain
/!rliarlli, f l+,ri�i:, .3 1:i3
Att '.nt.IOt1: i. I.:' tv4111
' t)iplonlat Ltd.
'1232 City National Bank Build my
�IVii �►;i I�rlda 33130
?'.htiori: Rcin,ild Ls yeti rdi
6ne.1 that tills agreement tiicty .l
ever
rtht'tted, I.ty;it , atom of Highest ll'"lsdieition
0 . h , i'r
tI 1'':a}'It3',�'6 i l.;ih ''bi lcincc `� • tfl'►s }Ctl .o.,lst':,r1 :.sh l ",'r rnrft
il
-I -
S�
'•.S i sir
1 dr Tfe%
r r. .�� '�_ }.,Itlt�:�,t}J'.;�tts:lr�o��t'J�iC�=,�.,J'rt}'f��,.�a�%G�II.:,� ��'-�:i
I1'_lfllt .Icji .._s.'th �.t � ..,. �� ,:•...._..,,....._.
rrt tll;.5 lwerno1:Ri..'V:'nuet-v1
1'i>' t, IDS;tJii2stft!,::'i]I:citItlf13 0 t'f1)
i='F6 tht�'city of Miar'il's Lond.und rwriter',' theniii Stich cve.fit, they
it `eIers'set forth In this agreement shall be:suspended such tti'ne.
tory,rulinj isobtoined, and .the band caunsel'oprnron is l5suet
rig 'is compL2tr,'d► In atddition;;,thv".rtorthe paytnents o!?uI
i t: s interpreted i tTttIt71';�i
1 es at described" it l ;Paragraph V.Itereitt s .iI�.,br..'in.'u stint it
it' ,1 i n;siS;:d to the CttV`�f c��titil
n��'untler`.vrr���t s lii�nc�'�cc�rtirrtlFi�!znta,,�d�1�t�en �c�. '�,._��-r�'
90) days ot.t City, oftvts'.1rni t.s bond counsel had determined o
trig' Service.
from the Internal Revenue S v ' e
.
:,Inth t7vont City of Miami's bond corns I, isiimai
issue. an opittio
proposed Land issue. is
"tax vy.emp t"� then iii ;u it:event Diplomat World
Ir:ntei prises, Lid, shall have the option of selling ,all of its working drawings,
studies, and other documents related to the proposed Watson Island Developmen
o.the City of Mia^ll, anti the w ity of. Miami shall agri.. purchase these! item,
r' i sumGquca(:to ninety (9,09/0.) percent. of Diplomrtt•World'Enterprises, Ltd.'
tua) :;cost; rncurr;ed to
s;!: Lft ..'shall also ihc:e:cl,reasot►a%Ii.'''time to obtain otl.-_t financing'
,v.-Joprnent, which financing sholI in luck. tide City of Mistmi's
.:'•UI.`$ `• 03,as 110 inabowi d'.fined. in Parn9rnph'VIII'.=s..:.
cig rim" 'nt f'urh r dip ee to mui;-a'ritty irtaa}ri : ltf?.n
�w,;�ta`►# }r�, 'may I,: c..lt) 42E t tip: is Lit?.
!UI,5t1''tnt►
LISTING OF MATERIALS RECEIVED FOR DEVELOPMENT OF WATSON ISLAND
DEADLINE: 2:UO P.M,/FEBRUARY 1, 1977 - 124TMENFACTIOADI NATOR
NAME OF FIRM
ITEM DATE RECEIVED
1. VOLLMER ASSOCIATES
(PACKAGE) February 1, 1977
2. FRANK LLOYD FOUNDATION
(TELEGRAM EXPRESSING
INTEREST) February 1, 1977
e
3. FOWLER, ETTINGER, POTTER & HART
(PACKAGE) January 31, 1977
4. SOL ABRAMS ASSOCIATES,INC.
(LETTER OF January24,1977
INTEREST) --
5. BUILDERS ESTIMATING SERVICE, INC.
(PACKAGE) January 24, 1977 —=
6. PETER EVANS
(HANDWRITTEN LETTER) January 26, 1977
January 28, 1977
7. FRANK N. GIAMPIETRO ASSOCIATES
(PACKAGE)
8. R. DUELL & ASSOCIATES
tai
(PACKAGE) January 26, 1977
February 1, 1977 =_
9. BEYER BLINDER BELLE
(PACKAGE)
ASSOCIATES, INC.
(PACKAGE) February 1, 1977
10. CAMBRIDGE SEVEN
AND AXON
(PACKAGE) February 1, 1977
11. RUSSELL
12. CONKLIN & ROSSANT Sasaki
(PACKAGE) February 1, 1977 - --
Associates
13. CONNELL METCALF & EDDY
(PACKAGE) February 1, 1977
INC.
(PACKAGE) February 1, 1977 =_
14. H. J. ROSS ASSOCIATES,
15. E.D.S.A./EDWARD D. STONE ASSOCIATES
(PACKAGE) February 1, 1977 k
ESEu on' Glasgow,
e
16. LEISURE TIME DESIGNERS
(PACKAGE) February 1, 1977 _
ZeigLer,'Gunn, ua'rr,
Smith, Associates.
17. INC,
PACKAGE Februa_ry 1, 1977
SK)L
(LETTER OF
18. HAROLD I. ZELIGER, PH.D.
INTEREST) January 24, 1977
--
L ;E'L z t t. L eA6/w4-/—" k tit—
_-
AS INDICATED h s --
RECEIVED THE MATERIALS
ABOVE.
__ "
�41
LP11 G. ONGIE
City Clerk
DATE: February 1, 1977.
-=
r
D-
'CITY 0? MIA:•;I,
bAbE_ COUNTY, FLORIDA
Legal, Advertisement
the et'/ Or MIAMI, FLORIDA, is developing a major Recreation and tlfnusemeht
Corplex consisting of rides, shopping dining, entertainment and water oriented
recreationaf attractions on a 30 acre portion of an 80 acre island in Biscayne
Bay adjacent to downtown Miami known as Watson Island. Preliminary concept
planning and economic feasibility studies have projected a $40 million capital
improvement.
Proposals will be received by the City Clerk no later than 2:00 p.m. February
1, 1977, for furnishing Planning and Design Services. Based on the City`s
planning concept, the initial contract will include preliminary design, outline
'Specifications and detail cost estimates.
Proposals must include evidence in visual and narrative form of previous
experience in the design of :major visitor attractions, completed General Services
Administration► Form 254 for all participants and also include Economic Consultation
as a separable entity.
Address proposals to:
R. G. Ongie, City Clerk
City of Miami
P.O. Box 708
Miami, Florida 33133
aI,SY'_, OF' MIAMI, .FLORIDA
Raclu e-s..
for Development Proci$&
1`
The City Of Miami is seeking developer/operator proposals fOr a
major recreation and amUs'emeatcmmplex to be developed on a
r�:-, knobn asp
portion of a City owned 83 acre island in Biscayne Bay
Watson Island.
Watson Island is located adjacent to downtown Miami on a major
expressway connecting to Interstate 95, Miami Beach and the
Miami International Airport.
City of Miami guidelines propose a $45.,000,000 level of investment
with City participation in financing the facilities.
teal lanning, economic feasibility, market studies and
Concep p
evelo ment guidelines are completed and will be furnished upon
u p
receipt of expressions of interest addressed tos
John E. Gilchrist
Project Di.r0CtOr, Watson Island Development
City of Miami
P.O. Box 330708
Miami, 'Florida 33133
Telephone (305) 579-6025
alified Developer/Operators with extensive experience in the
development of visitor attractions or projects of similar nature
and scope are invited to submit proposals no later than 2s00 p.m.
April 26, 1977 tos
R.G. Ong1e, City Clerk
City of Miami
P.O. Box 330708
Miami, Florida 33133
3�.
Mirr
• c„4-
,,,EL. OF CTYAMOUN
("2-t-ve4i
7-(1....„.
,......„...„.,..... ilIDS RECLIVED.
'11:_:,::::44.....4-:-....-.L.1 de .4_4,_ ty .,•;.-%.- /Cc
-1-""--,--.E1--c-2,.z.,-,-..... t---
lerge-
9___,_1,2. .. /1---_ e.7., • --.1-!.....•.-4-'.-,.‘,4.-st:-.;(0,-........24 _
LIIDDER
/1/4_/ 2. el> • t
._) 3
cl"?
7' .2
),•.,.= ./.. ( 2___ c_l '1-
- • --•-- ----
. . il , • .
-- r- I4 L ec: .c i- 4- • / k. t. ' &- • "'
//
— 1 1 C 1.- ''. (:: 44 A ' ?-.'.
i
) 1........1:',.. — ...... --
S
3
it‘ 1 t
. II lattie 2.1 , J
/. 3 2
.) (-
ft" '') • /
T!---t. C
:777 3'73 ( /
/ L. • / -
)
r
- ::II: ).- '•
-
)
1
i. L." )1- -1..
z •
L
ubove described chec Ow._
•
•
,C:COUNTING DIVISION
ru=
CITY OF MIAMI, FLORIDA
REQUISITION FOR
ADVERTISEMENT FOR BIDS
DEPT 1 DIV Cit iaTkaC?3r UffiOE /Wtsvn is1.and
ACCOUNT CODE '•i.'..$59,14J'a.` k,
BID NO.
PREPARED BY r er7
--s
CODE
Y /ac
TOTAL
ITEM DESCRIPTION
Writ ,Eir.A.Ot.ing
E-TIMATED COST:
CONTRACTUAL: S
INCIDENTAL: $
TOTAL S
SOURCE OF FUNDS :
10 be filled in by
EXPENDITURE CONTROL:
PROJECT CODE -
COPIES TO: Purchasing (Org.) — City Manager — City Clerk —Expenditure Control — IssuingBLUE De hnent — Other A//ected DepGOLDENRODartment
WHITE GREEN PINK CANARY
rORM NO 1043- REV. 7•
DATE _
PHONE`
QUANTITY
UNIT
PRICE
APPROVED BY
QUANTITY REPRESENTS DEPARTMENT
REQUIREMENTS FOR —MONTHS
BIDS TO BE SECURED FOR
t-ropi..)aca.1.:3 for r41rnia ling
Ls. a.li 3 and Marketing
na
-Consultation
FOR • -1'.HE DEPARTMENT OF :
City 9anag r
ADVERTISE ON
Times and Liberty 1aws--4/15/7G
..11.nn as
BIDS TO BE RECEIVED ON
4/26/71i
0 1'
1
Re
ff
Asty§fAmpFcI'NMANAGFRNT
FUNDS AVAILABLE FOR PROJECT INVOLVED EXP`E�ITURE CONTROLLER
AD CODE ` "$. ' fY(a) tdf,m
Legal Advertisement
Proposals will be receiVecl by the City Manager and City Cletik
of the City of Miami, Florida no later than
200 P. M. April 26, 1976
for furnishing Economics and Marketing Consultation
for the Watson Island Recreation and Amusement Complex
in accordance with detailed specifications available upon request
at the office of the Purchasing Agent, City Hall, Dinner Key,
3500 Pan American Drive, Miami, telephone 579-6380.
City of Miami, Florida
P. W. Andrews
City Manager
-g==
•
ItEM
•
BID SECURITY
Watson Island Development rY April 26, 1977
DATE BIDS RECEIVED
BIDDER
TYPE OF SECURITY
AMOUNT
FOR
ACCOUNTING
USE
Nernly Brothers Company
Emm P.O. Box 2522
Muncie Indiana 47302
The International Group
■ Box 20239
■ Long Beach,Caiif.
Collins Tuttle and Company
nc.
261 Madison Ave.
New York, N.Y. 10016
Gene Schoor
75 Bank. St.
New York, N.Y. 10014
Diplomat World Enterprises, Ltd.
1
c/o 1212 City National Bank Bldg.
25 West Flagler Street
Miami,Florida 33130
Telegram from
Cedar Point Inc.
T3' 5x . 759
Sandusky, Ohio
Received the above described checks this
day of
FOR ACCOUNTING DIVISION
19