HomeMy WebLinkAboutMaster ReportFile Number: 6660
Revision: A
City of Miami
Master Report
Enactment Number: R-19-0438
File Type: Resolution
File Name: Approve or Deny - Miami Freedom Park
Requesting Dept: Commissioners and Mayor
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
Status: ADOPTED WITH
MODIFICATION(S)
Controlling Body: City Commission
Introduced: 10/11/2019
Final Action Date: 11/12/2019
Title: A RESOLUTION OF THE MIAMI CITY COMMISSION DENYING THE SPECIFIC
GROUND LEASE, MASTER DEVELOPMENT AGREEMENT, STADIUM LEASE, AND
NON -RELOCATION AGREEMENT, AND ALL OTHER ANCILLARY AGREEMENTS
("LEASE"), BETWEEN THE CITY OF MIAMI ("CITY") AND MIAMI FREEDOM PARK,
LLC ("MFP") FOR APPROXIMATELY SEVENTY-THREE (73) ACRES OF CITY -OWNED
PROPERTY LOCATED GENERALLY AT 1400 NORTHWEST 37TH AVENUE, MIAMI,
FLORIDA 33125, COMMONLY KNOWN AS MELREESE COUNTRY CLUB
AND IDENTIFIED AS FOLIO NUMBERS 01-3132-000-0080 AND 01-3132-000-
0090 ("DEMISED PROPERTY") WITH AN INITIAL TERM OF THIRTY-NINE (39) YEARS
WITH TWO (2) ADDITIONAL THIRTY (30) YEAR OPTIONS TO RENEW, FOR A TOTAL
TERM OF NINETY-NINE (99) YEARS, WITH AN ANNUAL BASE RENT EQUAL TO THE
GREATER OF (A) FAIR MARKET VALUE AS DETERMINED BY STATE CERTIFIED
APPRAISERS OR (B) FIVE PERCENT (5.0%) OF RENT FROM THE RETAIL, OFFICE,
AND HOTEL DEVELOPMENT WITHIN THE DEMISED PROPERTY, BUT ANNUAL
BASE RENT OF NO LESS THAN THREE MILLION FIVE HUNDRED SEVENTY-SEVEN
THOUSAND THREE HUNDRED SIXTY-FIVE DOLLARS ($3,577,365.00), IN ADDITION
TO A CONTRIBUTION TO THE CITY OF TWENTY MILLION DOLLARS
($20,000,000.00) PAYABLE OVER THIRTY (30) YEARS IN ANNUAL INSTALLMENTS,
AND ANY RENT INCREASES AND/OR ADDITIONAL RENTS NEGOTIATED BY THE
PARTIES AS PRESENTED TO THE CITY COMMISSION; AUTHORIZING THE USE OF
THE DEMISED PROPERTY FOR A SOCCER STADIUM, ENTERTAINMENT CENTER,
INCLUDING FOOD AND BEVERAGE VENUES, OFFICES, RETAIL, HOTEL, AND
CONFERENCE CENTER, AND OTHER ANCILLARY COMMERCIAL DEVELOPMENT,
WITH A MAXIMUM HEIGHT NOT TO EXCEED FEDERAL AVIATION
ADMINISTRATION AEROSPACE OBSTRUCTION STANDARDS, WITH
RESTRICTIONS, REVERSIONS, AND RETENTION BY THE CITY OF ALL OTHER
RIGHTS, GUARANTEEING A LIVING WAGE FOR ALL ON-SITE EMPLOYEES;
FURTHER REQUIRING MFP TO UNDERTAKE THE REMEDIATION AND SITE
DEVELOPMENT FOR A PUBLIC PARK OF APPROXIMATELY FIFTY-EIGHT (58)
ACRES, AT NO COST TO THE CITY, TO BE DEVELOPED ON PROPERTY
ADJACENT TO THE DEMISED PROPERTY ("NEW PARK"); PROVIDING FOR NO NET
LOSS OF PARK SPACE TO THE CITY; PROVIDING PROFIT SHARING TO THE CITY
IN THE FORM OF NAMING RIGHTS, ADVERTISING, TELEVISION RIGHTS, SALE OR
ASSIGNMENT, AND THE LIKE; PROVIDING FOR AN IMMEDIATE EFFECTIVE DATE.
Sponsor(s): Commissioner Manolo Reyes
Notes:
Links:
Attachments: 6660 Back -Up Document - Draft Ground Lease (PDF)
6660 Back -Up Document - Draft Master Lease (PDF)
City of Miami Page 1 of 2 Printed on: 11/26/2019
CON Op
City of Miami
City Hall
Draft Construction Admin Agreement (PDF)
6660 Back -Up Document -
3500 Pan American Drive
6660 Back -Up Document -
Draft Non -Relocation Agreement (PDF)
Miami, FL 33133
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Master Report
www.miamigov.com
6660 Back -Up Document -
Traffic Study (PDF)
6660 Back -Up Document -
History of Legislative File:
Revision:
Enactment Number: R-19-0438
6660 Back -Up Document -
Draft Construction Admin Agreement (PDF)
6660 Back -Up Document -
Draft Community Benefits Agreement (PDF)
6660 Back -Up Document -
Draft Non -Relocation Agreement (PDF)
6660 Back -Up Document -
Draft Rehabilitation & Environmental Agreement (PDF)
6660 Back -Up Document -
Draft Stadium Lease Operating Agreement (PDF)
6660 Back -Up Document -
Traffic Study (PDF)
6660 Back -Up Document -
Appraisals (PDF)
6660 Back -Up Documents
- Environmental Report Part 1 (PDF)
6660 Back -Up Documents
- Environmental Report Part 2 (PDF)
6660 Notice to the Public
(PDF)
6660 -Submittal -Gladys Fuentes -Speech made to Commission (PDF)
6660 -Submittal -Teri Morales -Miami Freedom Park Flyer (PDF)
History of Legislative File:
Revision:
Acting Body:
Date:
Action:
Result:
City Commission
10/24/2019
Meeting
Completed
City Commission
10/24/2019
DEFERRED
Passed
City Commission
11/12/2019
Meeting
Completed
City Commission
11/12/2019
ADOPTED WITH
Passed
MODIFICATION(S)
A
Victoria Mendez
11/25/2019
Approved Form and
Completed
Correctness with Modification(s)
A
Mayor's Office
11/26/2019
Unsigned by the Mayor
Completed
A
City Clerk's Office
11/26/2019
Signed and Attested by the City
Completed
Clerk
A
City Clerk's Office
11/26/2019
Rendered
Completed
City of Miami Page 2 of 2 Printed on: 11/26/2019