HomeMy WebLinkAboutMaster ReportTitle: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), FINDING THAT
RIVERSIDE WHARF LLC ("PROPOSER") IS THE TOP RANKED RESPONSIVE AND
RESPONSIBLE FIRM PURSUANT TO DEPARTMENT OF REAL ESTATE AND ASSET
MANAGEMENT'S REQUEST FOR PROPOSALS ("RFP") NO. 14-15-024 FOR THE
DEVELOPMENT AND LEASE OF THE NORTH RIVERFRONT PROPERTY LOCATED AT 236
AND 298 SOUTHWEST NORTH RIVER DRIVE, MIAMI, FLORIDA ("PROPERTY");
AUTHORIZING AND DIRECTING THE CITY MANAGER TO EXECUTE A LEASE ("LEASE"), IN
SUBSTANTIALLY THE ATTACHED FORM, AND IN COMPLIANCE WITH ANY AND ALL
APPLICABLE STATE SUBMERGED LANDS LEASE REQUIREMENTS, WITH THE PROPOSER,
FOR AN INITIAL TERM OF THIRTY (30) YEARS, WITH AN OPTION TO RENEW FOR TWO (2)
TEN (10) YEAR TERMS, SAID LEASE PROVIDING A PAYMENT TERM OF THE GREATER OF
EITHER AN ANNUAL BASE RENT OF $195,500.00 ("MINIMUM BASE RENT") OR FIFTEEN
PERCENT (15%) OF THE GROSS REVENUES AS DEFINED IN THE LEASE, AND PROVIDING
THAT THE MINIMUM BASE RENT SHALL BE ADJUSTED ON AN ANNUAL BASIS BY THE
GREATER OF THE CONSUMER PRICE INDEX OR A THREE PERCENT (3%) ESCALATOR,
WITH TERMS AND CONDITIONS MORE PARTICULARLY DESCRIBED IN THE LEASE;
FURTHER PROVIDING THAT THE EXECUTION OF THE LEASE DOES NOT CONFER ANY
CONTRACTUAL RIGHTS UPON PROPOSER UNLESS AND UNTIL THE ELECTORATE HAS
CAST A FAVORABLE REFERENDUM VOTE APPROVING THE TRANSACTION AS REQUIRED
BY CITY CHARTER SECTION 29(B).
Sponsors:
Notes: Version 3 has the Scrivener's amendment made by law department and per legal opinion, it may be
certifies instead of version 2.
Indexes:
Attachments: 15-01562 Summary Form.pdf,15-01562 Legislation.pdf,15-01562-Submittal-Daniel Rotenberg-RFP
Summary Riverside Whar£pdf,15-01562-Submittal-Iris Escarra-Miami River Commission Letter of
Support.pdf,15-01562 Memo -Scrivener's Error.pdf,15-01562 Legislation-SUB.pdf,15-001562 Exhibit
SUB.pdf,15-01562 Backup Documents SUB.pdf,
History of Legislative File
Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result:
1 Office of the City 11/30/2015 Review Pending
Attorney
2 City Commission 12/10/2015 ADOPTED WITH Pass
MODIFICATIONS
City of Miami Page I Printed on 4/1312018
T,y op.y
City of Miami
City Hall
3500 Pan American Drive
F
Miami, FL 33133
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Master Report
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Enactment Number: R-15-0530
File Number:
15-01562 File Type: Resolution
Status:
Passed
Version:
3 Reference:
Controlling Body:
Office of the City
Clerk
File Name:
Accept Mgr's Recomm. - North River RFP
Introduced:
11/23/2015
Requester:
Department of Real Estate and Cost:
Final Action:
12/10/2015
Asset Management
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), FINDING THAT
RIVERSIDE WHARF LLC ("PROPOSER") IS THE TOP RANKED RESPONSIVE AND
RESPONSIBLE FIRM PURSUANT TO DEPARTMENT OF REAL ESTATE AND ASSET
MANAGEMENT'S REQUEST FOR PROPOSALS ("RFP") NO. 14-15-024 FOR THE
DEVELOPMENT AND LEASE OF THE NORTH RIVERFRONT PROPERTY LOCATED AT 236
AND 298 SOUTHWEST NORTH RIVER DRIVE, MIAMI, FLORIDA ("PROPERTY");
AUTHORIZING AND DIRECTING THE CITY MANAGER TO EXECUTE A LEASE ("LEASE"), IN
SUBSTANTIALLY THE ATTACHED FORM, AND IN COMPLIANCE WITH ANY AND ALL
APPLICABLE STATE SUBMERGED LANDS LEASE REQUIREMENTS, WITH THE PROPOSER,
FOR AN INITIAL TERM OF THIRTY (30) YEARS, WITH AN OPTION TO RENEW FOR TWO (2)
TEN (10) YEAR TERMS, SAID LEASE PROVIDING A PAYMENT TERM OF THE GREATER OF
EITHER AN ANNUAL BASE RENT OF $195,500.00 ("MINIMUM BASE RENT") OR FIFTEEN
PERCENT (15%) OF THE GROSS REVENUES AS DEFINED IN THE LEASE, AND PROVIDING
THAT THE MINIMUM BASE RENT SHALL BE ADJUSTED ON AN ANNUAL BASIS BY THE
GREATER OF THE CONSUMER PRICE INDEX OR A THREE PERCENT (3%) ESCALATOR,
WITH TERMS AND CONDITIONS MORE PARTICULARLY DESCRIBED IN THE LEASE;
FURTHER PROVIDING THAT THE EXECUTION OF THE LEASE DOES NOT CONFER ANY
CONTRACTUAL RIGHTS UPON PROPOSER UNLESS AND UNTIL THE ELECTORATE HAS
CAST A FAVORABLE REFERENDUM VOTE APPROVING THE TRANSACTION AS REQUIRED
BY CITY CHARTER SECTION 29(B).
Sponsors:
Notes: Version 3 has the Scrivener's amendment made by law department and per legal opinion, it may be
certifies instead of version 2.
Indexes:
Attachments: 15-01562 Summary Form.pdf,15-01562 Legislation.pdf,15-01562-Submittal-Daniel Rotenberg-RFP
Summary Riverside Whar£pdf,15-01562-Submittal-Iris Escarra-Miami River Commission Letter of
Support.pdf,15-01562 Memo -Scrivener's Error.pdf,15-01562 Legislation-SUB.pdf,15-001562 Exhibit
SUB.pdf,15-01562 Backup Documents SUB.pdf,
History of Legislative File
Version: Acting Body: Date: Action: Sent To: Due Date: Return Date: Result:
1 Office of the City 11/30/2015 Review Pending
Attorney
2 City Commission 12/10/2015 ADOPTED WITH Pass
MODIFICATIONS
City of Miami Page I Printed on 4/1312018
'sY Op.y City Hall
F City of Miami 3500 Pan American Drive
Miami, FL 33133
Fwln vuww.miamigov.com
< � R 1 O
Master Report
Enactment Number: R-15-0530
1 Office of the City 12/10/2015 Reviewed and
Attorney Approved
Action Note: Not Reviewed Pending Information from Evaluation Committee
2 Office of the City 12/10/2015 Reviewed and
Attorney Approved
Action Note: Modified to Reflect Results of the Evaluation Committee
2 Office of the Mayor 12/14/2015 Signed by the Mayor Office of the City
Clerk
2 Office of the City Clerk 12/14/2015 Signed and Attested
by City Clerk
3 Office of the City 1/15/2016 Reviewed and
Attorney Approved
Action Note: MODIFICATIONS MADE BY LAW REFELCTING SCRIVENER'S AMENDMENT — SEE
SCRIVENER'S ERROR MEMO FOR MORE INFORMATION.
City of Miami Page 2 Printed on 4/1312018