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HomeMy WebLinkAboutR-19-0260City of Miami Legislation Resolution: R-19-0260 File Number: 6160 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date: 6/27/2019 A RESOLUTION OF THE MIAMI CITY COMMISSION DIRECTING THE CITY ATTORNEY TO CONSULT WITH SHUTTS AND BOWEN LLP ("LEGAL CONSULTANTS") TO DEVELOP A LIST OF THREE (3) POTENTIAL QUALIFIED, REPUTABLE, AND STATE CERTIFIED PROPERTY APPRAISERS TO PROVIDE AN APPRAISED VALUE OF THE MELREESE GOLF COURSE PROPERTY LOCATED GENERALLY AT 1400 NORTHWEST 37TH AVENUE, MIAMI, FLORIDA 33125 IN CONNECTION WITH THE NEGOTIATIONS BETWEEN THE CITY OF MIAMI AND MIAMI FREEDOM PARK, LLC; FURTHER DIRECTING THE CITY ATTORNEY AND LEGAL CONSULTANTS TO CONSULT INDIVIDUAL CITY COMMISSIONERS PRIOR TO SECURING CITY COMMISSION APPROVAL FOR THE FINAL SELECTION OF THE APPRAISER. WHEREAS, the City of Miami ("City") owns the property located generally at 1400 NW 37th Avenue, Miami, Florida 33125, commonly known as the Melreese Golf Course ("Property"); and WHEREAS, the City Commission, at its meeting on July 18, 2018, pursuant to Resolution No. 18-0309, approved a ballot question that set forth the various terms of a proposed lease agreement with Miami Freedom Park LLC ("MFP"), as reflected in a term sheet attached to said Resolution, which includes that "annual rent payable to the City by MFP will be equal to the greater of (a) the Fair Market Value of the Leased Premises or (b) 5.0% of the Rent, but under no circumstances less than $3,577,000 per year"; and WHEREAS, at the November 6, 2018 Special Election, City of Miami ("City") voters approved a referendum, by over sixty percent (60%), approving an amendment to Section 29-B of the Charter of the City of Miami, Florida, as amended, authorizing the City Commission to negotiate and execute a ninety nine (99) year lease with MFP for approximately seventy three (73) acres of City -owned land; waiving competitive bidding; converting the Property, at no cost to the City, to a soccer stadium with a minimum of 1,000,000 square feet of office, retail, and commercial uses; a minimum of 750 hotel rooms; providing for a living wage for on-site employees; and for a minimum rent of $3,577,365.00 and a twenty million dollar ($20,000,000) contribution to the City for a fifty-eight (58) acre public park or other green space ("Project"); and WHEREAS, the City Commission, at its meeting on March 14, 2019, pursuant to Resolution No. 19-0117, expressed an interest in being advised of and selecting all outside consultants, law firms, real estate appraisers or brokerage firms, surveyors, mappers, or any other vendor, contractor, or provider for this Project; and WHEREAS, the City intends to obtain the services of two (2) independent, qualified, reputable, and state -certified appraisers to provide separate independent appraisal reports of the Property; City of Miami Page 1 of 2 File ID: 6160 (Revision:) Printed On: 8/2/2019 File ID: 6160 Enactment Number: R-19-0260 NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated as fully set forth in this Section. Section 2. The City Commission hereby directs the City Attorney to consult with Shutts and Bowen LLP ("Legal Consultants") to develop a list of three (3) potential qualified, reputable, and state certified property appraisers to provide an appraised value of the Property in connection with the negotiations between the City and MFP. Section 3. The City Commission further directs the City Attorney and the Legal Consultants to consult individual City Commissioners prior to securing City Commission approval for the final selection of the appraiser. Section 4. This Resolution shall become effective immediately upon adoption and signature of the Mayor.' APPROVED AS TO FORM AND CORRECTNESS: I i ria i "ndez, City Attor iey 712512019 1 If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become effective immediately upon override of the veto by the City Commission. City of Miami Page 2 of 2 File ID: 6160 (Revision:) Printed on: 8/2/2019