Details for CITY OF MIAMI, FLORIDA #30800

CITY OF MIAMI, FLORIDA
NOTICE OF PUBLIC HEARING
A public hearing will be held by the City Commission of the City of
Miami, Florida on Thursday, October 24, 2019, at 9:00 A.M. at City
Hall, located at 3500 Pan American Drive, Miami, Florida, 33133 for
the purpose of granting the following:
A RESOLUTION OF THE MIAMI CITY COMMISSION, TO APPROVE
OR DENY, PURSUANT TO SECTION 29-B OF THE CHARTER
OF THE CITY OF MIAMI, FLORIDA, AS AMENDED (“CHARTER”),
ENTITLED “CITY-OWNED PROPERTY SALE OR LEASEGENERALLY,” BY A FOUR-FIFTHS (4/5THS) AFFIRMATIVE VOTE,
WAIVING COMPETETIVE BIDDING AND AUTHORIZING THE CITY
MANAGER TO NEGOTIATE AND EXECUTE A GROUND LEASE,
MASTER DEVELOPMENT AGREEMENT, STADIUM LEASE, AND
NON-RELOCATION AGREEMENT (“LEASE”), ALL IN FORMS
ACCEPTABLE TO THE CITY ATTORNEY AND OUTSIDE COUNSEL,
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 013132-000-0090 (“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 NINETYNINE (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 SEVENTYSEVEN 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; 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”) CURRENTLY USED FOR THE
MELREESE COUNTRY CLUB; PROVIDING FOR NO NET LOSS
OF PARK SPACE TO THE CITY; PROVIDING PROFIT SHARING
TO THE CITY IN THE FORM OF NAMING RIGHTS, ADVERTISING,
TV RIGHTS, SALE OR ASSIGNMENT, AND THE LIKE; AND AN
IMMEDIATE EFFECTIVE DATE FOR THIS RESOLUTION.
The Miami City Commission requests all interested parties be present
or represented at the meeting and may be heard with respect to any
proposition before the City Commission in which the City Commission
may take action. Should any person desire to appeal any decision of
the City Commission with respect to any matter to be considered at
this meeting, that person shall ensure that a verbatim record of the
proceedings is made including all testimony and evidence upon which
any appeal may be based (F.S. 286.0105).
In accordance with the Americans with Disabilities Act of 1990, persons
needing special accommodations to participate in this proceeding
may contact the Office of the City Clerk at (305) 250-5361 (Voice) no
later than five (5) business days prior to the proceeding. TTY users
may call via 711 (Florida Relay Service) no later than five (5) business
days prior to the proceeding.
Todd B. Hannon
City Clerk
#30800

Categories